Chicago Daily Tribune Newspaper, November 8, 1873, Page 1

VOLUME 97, . GIFT ENTERPRISE. & Gi@fidgsfi Schome Ever Know, | FOURTEL Grand Gift Concer s CENTUCKY. "TheTrustées of-the PUBLIC LIBRARY.Of KIN. BUGKY, ander autiopiiy s(a ioecinlsotor tho: Leginla 2w Matoli 16, 187), undertook toos. bra Louia i, Ky,, by m anobrta} and as iho ox o of ickots, thoy woro empoworod by tho samo; act to o cash gifia by lot a these concoria Lo such per- hould buy tho tickotr. Threo of thoso voncorfs haso alroady boon givan; tho firet Dooombar1s, i 8193,600, dividod into 7l giita; woro dIatribul ond Docombor7, 173, at whioh 1,000 onsh gifts o 8510, 00, :r:x:lmsmmu}d'. and the :1'1‘73 Jaly &, o n'cash. was divided into 0,000 cash. gitis, 8 e TR AR tickot, The Oapital Gift of 100,000 was driwn by Mr. L, H. | Bolth, o, Kingaton, Mass., who purchascd 11 ticketa Barol 18, 1873, for willch ho pald 81, His ordor for th | {oksta wa a Iottor from him'direct t6 tho main uflioo"at T By roptatorod Toties pau it B hioh drow. ih roglsterod fotter wa , 888, “yhioh “drow tha 100,000, and also numbera S0, 64 arid_ 32, 60, ‘whioh drew Bld%soe angalte aumbg Julp, 18, Mzt Kelth mado hia pearance in Lou! lo, and was {ntroduced by 0. jyiarven of the fiom of Harvoy & Koith, . wall-known eitizon of Loutsrille, whon ho was paid uis $100,020, -, e seooud gift, of as drawn by M., “Willis | Yerloy, ot Gilos Gonn On the 13¢h of March, ., . Worley wrato s lottor from tho Ionse of Topraontas. tivos, at Nashvillo, Tann., to the maln otcoat Lonisvillo, K., tnoloalug #10'for a tiskat, "Tho tiokot want him way Ho. %), whloh drow thio 80,0, " On tho Toth: of Juiy, 3, Mr. Worley aont on his tickat through tho Nationsl Hank of Palask, Tenn., and was pald bis 850,000, “T'ho third gilt of 825, i b , whon ; ‘tho sog- Amount. Mr.0.A, Kuapp, the firm ot Jamos uarlunmlunh.?n city, “On tho 7ik of July Mr. 'Kuapp purchascd It , Hokote, for which ho paid’ 8100. "One of thoss tiokots No, 64,170, which drow tho 815,000{anotior, No.63, U, #hioh drow 3100, and Mr. Knapp also’ hold tho fonrih o tokot No. 31,347, which drotw £3,60. The foirti glit of 830,01 was #1d by Honry Wilken, o of (ho National flank of Lobanon, K., 1o a par; of gontlomon. In and About. (lat oity. -~ Bla: Wilkon or. dorod a uumbor of tickots fnr cl{izens thero, and among them got No. 21,764, which drow tho $30, (00, (28 other ités wéra drawn by porsona scaitorod all over 0 world, ALl theso gifts wero promptly pald, withont any dis- oounl % AT hG tlciots outitlod to Thetm, and t] 0 gross procoads from tho salos af tickots, less oxpenses, was apprupriatod to tho uso of tho rary. - + ¢ Tothio ond that tho Library, Busoum, and sub.dopart- montz undor thom may bo enlarged to fholr full capacity of usetulners, and placed unon sucki a footing that thoy may forover bio on tho inoresso, 4 A Fourth Geand Gift Concert the bonofit of the-PUBLIO LIBRARY OF KEN. 'UOKY 1s now annonncod to come off in Public Library Hall, at Lodisvillo, K., on * ! “Wednesday, Dec. 3, 1873. ‘At this Gonoort the bost musfo that can be afforded by o irand Orchestral Band wil entortaln tho audiunco, and the unprocedontod sum of - ONE- MILLION -AND FIVE -HUNDRED . THOUSAND DOLLARS I curroney, disidod fnto 13,000 caeh glfte, ranging from z'ésfif’&o'o" "\ highoat, down (o 820, this lowoes, will ba dlae ated by lot amoni; the tokat-Holders, f LIST OF GIFTS. ONE GRAND CASH GIF §250,000 ONE GRAND CASH GIFT... 100,000 ,000 © 25,000 17,600 100,000 160,000 ‘ 50,000 80 Cusli Giits, 40,000 100 Casli Gifta, 40,000 160 Unslb Giits, 45,000 260 Cash Giftu, 50,000 326 Oush Giits, 32,500 11,000 Cash Gils, 550,000 " Totnl; 12,000 Gifts; ALL CABIT, amounting to.... ++81,5600,000 The ontire numbor of tickots iasued (s only 60,000. Each tiokot conelmia of ten fractional pacts, or coupons, into et ft sy bu divided by cutilag thriugh the botizon. tal division ltnos latt for tunt purpose. " b boldor of & whiolo tickot is ontitled to admixalon 1o tho Concort, and 10 tho wholo of auy gill it may draw, "Tho holdor of each fractional part, or Guupen, I Gntitisd to ndmission to tho Conoort snd to/pno-tenth of tho gltt the wuole ticket may draw, PRICE OF TIOKETS. hola Tickets, 850.00; Halves, 835.00; Tonths, y , bco. vt o ‘Tiokota for §5,000.00; 23 Wholo Tickota for B10,000.00. _ I Tna Giusa of such philanthropby as the establishing and oudowing of o groat Library and Musoum, with kit drod depactuscute o Bo forovor fro to ovarjbody, andl whon tho ohaucos of Lhiose who Luy tho tickots are roat to mako momey, whil thoy take so litlo risk lievod that every tkat will bo sold boforo tie da; for tho Concert and Disteibution, but whathor all aro sold or not the drawing will tevartholoas tako place, Should aap tckotg rewaii unald en tho day uf thi draiving thoy wifl bo destroyod, aud all tho otfored gifts, 13,000 In bum- bor, will bo drawn, but diminished in value in progortion to {he smountof unsld tickots, For example, if only It of tho tokata aro sold, tho other half will be do- stroyed and thy giits rodu iced, mot in numboe: value ono. “Ing capital glft in that event would he § d of 3250,000, aud all the othor gifta in tho g proportion. Al will's i o perfocts Tath, booaute tho ohancos of drawig gifts would ba ronsod In favor of Lo tiokot-loldors, Just In proportion totho rodaotion In their vaiuo. 1 ail to tiokots Aro sold e st e tibanatich e Ml e 1014, and tho other royod,the chanoos £0 the Hioket Holdors booums as 1 to 35% nly. Safe Keeping of the Money, VILLE I8 TREASURER, and all moness arisiog froni Yo eate of tlckata will bs pla e rm apooial depouit until tho Concert is ovar and all tho gifts Toily ‘provided Tor, and thon subfoct onlyto tha jinte ‘Agont aud Husinoss Munayor of the Gont b o tha Public Li. 0 1t 1a fized thiat this woul Tk o thel, acnose: Ak for thal, Durposo. oot will stand tintoushod.n Bac © foc L1 payvmont of el The odered gifte: PAYMENT OF GIFTS, aying of gifts will bogln tho 3d day after the draw- i A g b T e oy ‘Tickets sntitled to Fiite must he prosened or sentto Toom No. 4, Public Library Lullding, Loulsvillo, Ky., whero they will bo taken up and pald by Cash Ghooks % f1a Varmors® and Drovers: lisnk of Lauiaville, or iy “lxht dratea upon the Fourth National Bank of Now York, a‘ourront rates of o 8¢ tho option of the holder! No gift will bu pald without delivory of ¥ho ticket entitled 1t, and all gitts not callod for withiu six monthe from e abawing Wil bo turuod ovor (o tho Fublio Library ‘'und, ave sooured the sorvisos of Tlon, TIIOS, T LR Tate Uovermor oF Kontaouy. to aoe 2t aolsl, affaics of this Girand Gift O ek A 4o very iy Of tho GiITEons 5f Jioe an o I Uihon, and ho 18 authorizod to aso that the (1o tho sl of tiokols ia doposited In thig b A R e T i’;’(:fi'&ufluufil ‘sid'the gifts justly awardcd and proiapte be publishod in Leniavillo and N g o R e e AL DL il 1 thioap out'uf (ho.olty who. Liave ars 1L b otk Mottor, aid, t0-avery Hlokatholder whote glored ke s kiiowa, “All communications conusctad 370 the Uoncort, ht drdors for tickate, aud apbiica T e vte-to'soll okols, should be atdrsesed Lo Xlon. THOH, E. BRAMLETTE, Agent Publio Library Kentuoky, Publlo brary nulhll%h‘lll’lum tod, It, WATTS & CO., ot "'Ffi'n‘&"flfi-‘?n,rfmn\'n-)uu-uu and Randolp {raxe iy v, ovator for third tloor, |, FIELD, ' .| Are lellln’ .. . /SHAWLS, . | Real India Gamel’s-Heir Shawls ‘(Filled Centre Black). Y India ‘'~ Camel’s-Hair,. Square’ | Open Centré in' Red & Black: {( The London Wraps, in Camel’s- .| Hair Stripes, Long & Square. | The Dacker éhawl, new - and \|| . very handsome, e French. Cashmere, Long and | Square. . ' d - ; i| Broche and Paisley, Long and | Square; " o || Persiatt Strips, Long & Square, Di‘%gonal ‘Stripes; in’ 8ilk and’ ' . Wobl Shawls. gk French and English Ottomans, . “in Bilk'and ‘Wool Shawls. Scotch and English Plaid’ Shawls, Long-and:Square. Beaver and Himalayan Shawls, ~'%g’r Oarridge and, Traveling . ear, .- 8 /French Embroidered Ceshmere . Shawls, New Designs. . g Full line best Domestic Woolen - Shawls, in Plaids and Stripes. ‘Gents’ Traveling Shawls. Full assortment 'of Camel’s- “Hair ‘Scarfs; - slso, Silk. and ! - 'Wool Ottoman Scarfs. ; | Stato &-‘"Nh’ué‘hinggofi.sts.,.. : ‘ WATCHES, ;Fnilnre ‘| Growing Opposition to Secretary Rich- , FlNANClAL; Mooting of the Pennisyl: “vania Railroad Directors: A b Per Cent Scrip Divi- dend Declared. The Sorip Redeemable in March, : 1875. .601- Scott Sends in a Condition-, .~ .al Resignation, The Directory Unanimously De- cline to Accept It. Symptoms of a Panic in i+ London, i The Bank of England Fixes the Rate of Discount at 9 Per Cents of a Banking-House in Pittsburgh. - é i : : Gon, Shetman Exprosses His Views on Finance, =~ i ardson and Comiptroller Knox. fUnfo'n' ASqlifire, Nefi.York, e Np, 10 Grand Quai, Geneva, ‘In/addltion to thelr usual ‘stock of SUPERIOR BTKM- ‘WINDERS, offors full assortment of COMPLIOATED WATCHES, s COMPRISING LR og]l)gnmloqmns, MARKING FIFTH BEC- CHRONOGRAPIS, WITH SPLIT 8ECONDS, CIIRONOGRAPHS, WITIL SPLIT AND INDE- PENDENT FIFTH SECONDS. > REPEATERS, STRIKING HOURS AND QUAT- REPEATERS, STRIKING HOURS AND MIN- UTES. N REPEATERS, STRIKING HOURS AND FIVE MINUTES. ! & SELF-ACTING REPEATERS, ~STRIKING HOURS AND QUARTERS. CALENDAR WATOHES, SHOWING DAY OF THE WERK AND MONTEH AND OHANGES OF THE e settled. - SAVINGS 105 CLARKSY, Mol Chnrh B fx t comapotind fntorost on deposita. Pasd Booka famiatiod withont charktr Clildron ataricd with GrziEatitl, . Wit XErany.Rezn, Cashior. i Foualdant NOTE.—Durlig the recont panto this Bank Las patd all daposits ondomand without notlee. F ' FOR SALE. ' Letter Clips and Files IN GREAT VARIETY, AT WKOIJ;S‘AI.B AND nz-_un.. BY CULVER, PAGE, HOYNE & CO, 118 and 120 Monroe-st. CONSU’NRKS will find it profitable to got. finr’ézlr;‘ou bof rderl 1 hero, LE & ¥ heosste and Tt Beationbes, Betasoms. Book Manufaoturars ,166 Olark-st. AYS, PLAYS, A 4l lstof Laoy's, Fronch's, *3d Qumborland's, on 7 LatoBNally & Co;, 163 Boath Dorplatass PERFECTION BABY JUMPER “Now patent, now lices; sll hdmire, babi . Ade toea vy wanl: o, M Obs "Gres UAbipe snlor. Ad REMOVAL. REMOVED . 168 WASHINGTON-ST. POPE & DAVIS, Commission Merchants, BREADSTUFFS AND PROVISIONS. ‘WM, J. POPE. R. L. DAVIS, orn, and Blan| at. Obicago, Oct. 81, 1873. ‘WANTED. ANTEDAGENTS--TROM 875 to §250 por month, everywharo, to soll ool ©f the moat ussful articles evor fmventad| needed in every family, Boud for Clrou. b Addrotn op oMb & 00, 157 Btato-at., Onrcado, 1L Counter Wanted. Tho undersigued withes to purchisse 36 to 40 foat PR SR e R e Wllnul.i}:a gt tor. * Addrow, ataci BUILDEIR, caro s Ottice, Tolndo, Ohio. HATS AND FURS, | “BREWSTERS HATS and FURS, Cor, Clark and Madison, POTATOES. HEADQUARTERS FOR POTATOES " CHURCHILL & POPE, . , 89 South Water-st., Oboigest NE' PHA nu&gg:dlD“YVYQRE BAOE 8 Drice, BLOWS. if tinn of 10 per cent, glving The New York Stock Market Un- THE RAILROADS, % . Spectal Dispatch to The Chicago Tridune. . THE NEW JEUSEY SOUTHERN RAILROAD.. New Yonx, Nov. 7.—Tho Directors of the New Jorsey Southorn Tallroad aro still engagod in straightoniog out its complicated affairs, pro-' paratory to s thorough roorganization under tho namo of the New York, Philadolphia & Baltimora Railroad. 8. M. Mills, one of tho Dircctors, said to-day that tho arrangements for reorganization wera all porfocted. It is proposed to iesuc 7,000,000 of consolidated mortgage bonds of tho Now York, Philadelphia & Baltimore Rallroad, ond $6,000.000 worth of stock. The bonds would be & licu of 800 miles of tho complated road, and sould bring the cost - por mile down to' abont £28,000. ’.l“i.\o holders of these bonds aund the creditors on tho floating debt will be asked to exohango thoir prosont intorest bonds for thuse of the new corporation, . The stocklolders will Have an equivalent in now atook fwhick would be distributed for old shares. Tha Baltimore & Ohio Railroad has promised to send thelr. coal ovor tho tracks of the now corporation. 'WAGES O¥ UNION PACIFIO WOREMEN REDUCED. Ouama, Neb,, Nov. 7.—A goneral order has been issued reducing tho wagos of Union Pacifle émployes 10 por cont. TUE PENNSYLVANIA GENTRAL DIVIDEND, 4 Spectal Disnalch to The Chicago Tribune, PrILADELPHIA, Pa., Nov.7.—Ab the meoting of the Board of Diroctors of tho Ponnsylvania Railroad "this afternoon it was determined to declare a acrip dividend of b per cent, payablo in or beforo fiftcen months, the Company having tho option to redeom it in cash aftor the lapro of slx months. The scrip will be received at par in pnyment of unpnid allotments, °Abont $17,000,000 of stock 'was . created at tho last. allotment, 50 per cont of which has alroady beon paid in, Tho Board unanimously rafused to accopt Col. Tom Bcott's rosignation. Thelattor; roplying to an interviowor to-day, 8aid :. “ The sole_causo of my tondoring my res- ignation as Vice-President of the Company, was tho fact of this prosont financial embarrassment, my namo belog on the paper of the Toxas & Pa- cific Rajiroad. . The peraonal feoling oxisting bo~ twoen the Board of Direction and mysolf Laa al- ways been and {8 now tle best, but I submitted tho resignation a a matter of duty to theCom- sy, ¥ R : o Nzw Yong, Nov. 7.—Financial writers in’'tho avening papers say that a gonoral foeling of ‘dis- satisfaction proyails in regard to the action of the Pennsylvania Central Lulirond in declaring gorip dividends of b per cent, when a cash divi- deus of 6 per cont wad expected, and fully war- ranted by the businoess of the Company. MAINE CENTRAL NAILROAD, BostoN, Nov,7.—Owing to a reduction of thelr wagos, a Jarge nuwbor of laborers on tho Maine Central bfldse at Amatoryillo have quit work, leaving vory few employed at that point. * The Maine Central Railroad has just disoharg- ©d 800 workmen, . * L Spectal Dispatch to The Chicago Tribune, THE DALTINORE & OHIO RAILIIOAD, ‘Wasinorox, D, 0., Nov. 7.—While the Penn~ sylvania Railrond hna repeated the dodge of & scrip dividend, its rival, tho Baltimore Ohio Railroad, has just paid a semi-anuual dividend of 5 por cent in cash. Tho latter Company-‘ac- Inowledgos & large falling off in frolghts, bt it is probably the only railroad corporation in_the country which is going on with its extensions, snd full gangs of laborors are laying track up the Valley of' Virginia to Salom, and putti down triple track on the main atem. THE TENNKSSEE RAILROAD TROUBLES, KyoxvirLe, Tenn., Nov. 7.—The railroad look continues. Tho attempt of the Gompany to send out a freight-train from tho city this morning foiled, owing to the englncer being provented by forco Trom taking the épgine out of the round- houss, Tho Company has suod 100 strikers in the Olrouit Court for 600,000 damages, and tho Bheriff served tho notices evoniug, The Company has also suod suother 100 strikers in the Chanoery Oourt, and ob- tainod an injunction restraining thom from ob- struoting tho business of the Company. Anat- tempt will be made to-night to start freight traina to Bristol and -Uhnfllnfl:st to-morrow morniug, The Direotors to-dsy adopted a pre- amble and resolutions, concluding as follows ¢ Rezolved, That we hereby advise and suggeat that no ono hureaftor be employed in the sorvice of the pony who is & member ‘of any leaguo, body, organiza- tlon, or combination which I'nl“xllfll and encourages nuoli aots of disorder, violenco, and wroug, and_ seul %0 accompliali its purposea by yalpabla anu outrageous violatious of law, 2 Dy Mail.} Knoxville, Tenn. (Nov. 8), Correspondence of the Cin- cinnati Gazetle, On last Ffldnz tho officials of the railroad is- sued, through the city aswn, a_proolamation that on and after tha lng of November the wages of all employes recolving ovor 8L per day would be reduced 20 por cont, while thass recelving 81 and under would be subject to a reduo- as & - roB- Bon that owing “to -the general!| stringenoy in money matters the railroad was groatly embarrassod, and that through tho monti of Qotober the earninga foll mhort 40,000 of what they were hstg’nnrln that month. Oapt. Joseph James, the Superintendent, atated that before issuing Lis oiroular he had consulted with all the oflicern of the road, and that they fully concurrad in his sction and weoro willing to_sub- 'mit to the reduction of their salarien, vignin aper to that effsct, which was also publishod in ,the same papery. WHAT TUE XNGINEERS DID, Mattars passod off quictly during the day, and no one suspected thnt the least objection would be raised by tho omployos, until that ovening about 6 o’clock, when it was time for the freight to dapart, and the engineer informed tho mane agemsnt that ho conld nok conaistently. run the J oucinp at tho propoued reduction, Othor ou-, Om0AG0, «| mot their intention to moloat - that thoy did not intend to Injura an; oit - line- of, Mahono's road have struck geinsi & SATURDAY, inoora woro applled to, but isid Sotaad, End tho firomn, Willlgm Whitlook, waa a0tz pollod to take the engiuoout.., . i ‘ A committeo, nomdmfcd of, onglugors, firo- mon,, machinists, .8 hwksmlflm‘ oallod wpon Oapt, Jacquos and informed him of thiolr sation that eveuing, stating thak they... would submit to hnything;* gathor tfim.-_} reduction, Thoy ox- pressod & whllligh8an to vnyk,urh 1f, third, or quartor timo, if nocossatY {7 U6 futsfent of tho raad, Whllu‘:‘m engingors proposed 10 tho Unins pany. that they dock thom - for all lay-over timo, which would be & savaig 0. tho Company of .84 {n each abigincer's wagen avery. foucth ' day, and rould dctunll nmmln‘l €0 sitorn tlian the “reduc- tlon of the 20 per.cont projdavd by tho l?flpem.l- tondent., Capt.,Jaoques after deliborating avor the matter, anawored them in his usual courteous mannor that in iuauh1§ the proolamation Lo had douo 80 with a view of the groatést zood to the groatoat hiitibot; aud, therafore) oould not and would not rescind his actiotl: . . "Tho Committeo loft, and that night, whoil the 11 o'clock paseenger train arrived, tho engincor was informed of how maitora etood, and ho ro- fused to tako out the engine.. Tho {msnongnm were forced to ley: over st tho hotels, incon- venlencing many who desired to bo nt corlain points by a cortain tims. Thus maitors went on, and next morning it was rimoted thot tho | pasaongor and,mall trains would not bo allowed to go out.by tha cngineors, causing great exoito ment throughout thie city; aud,- by, the usual time of tho-arrival of the wostorn bound train, 11:27.8. mi, tho grounds surrounding tho car sheds were vrowdufi with. pooplo of all classcs nnd nges, doubtless many.of thom anxious to so n conlict, It {urned out; however, that it was tho rxogular mail ond passonger-train, and it was nliowed to pass without iutorferonoe,. but.ns nono of.tho.on- incors would take the ongines, Conductor Ross mith made au amatour engineer for the weut- orn, and Master: Mechanio. Chatley Hodgo for .| the eastorn bound traie. .: . 5 On Emi:hg, the samo stato.of affairs existed,: and none but tho mail-tralus -left, and thoy in chargo of amateur engineers. + % ‘This morning an nunmgt was mado,by.the oflicials to take out a froight train, but it proved unsuccossful, aa, tho men, continued to pull out the coupling-pins, disconuecting tho train, It i3 true .no violence was used, and thoy olaim that it is not thoeir intention to use violenco, but that thoy aro determined. not to allow any excoph ‘mail trains to leavo tho city, it they can preveut it without using violonce, Three engineers and thrao fircmen arvived on the morning traine, but, aftor. loarning - tho facta on both eides of the quuauon,v:heyn{finm“l thelr intontion of return- ‘“f, stonce on the first train, This ovening an- othor attempt was mado.to take out on ougine, but the men gathored around tho Master Mechanio and informed him that it would bo bost for him to desiat from his intentions. They again offered to agroa to anything rather than a reduc- | tion of their wages. ‘A meoting was held this evoning by the Ma- chiniats’ and Blacksmiths’ Union and tho Broth- erhood of Locomotive Engineers, at which the attorney for the rond delivered an addross, show- ing the mon thoir danger in porsisting in their course of- intorfering with tho .business of the road by stopping her froight trains. Ho was an- swered by members of the two lodges, who nhz:u] roporty, and would work at any reduction of t| o‘,’ bul must have tholr full wagea for the timo thoy did work. . Thus mattors rest, and business.n our is almost at o stand-still, = i lyfi is rumored that tho employes on tho entiro roduction_ of, wages, but nothing definito bLns boon obtained as yat. The afimnd ofticers of tho International Union of Machinists and Blacksmiths and of Brothor- Lood of Locomotive Engincers aro expected to arriye, pnd aro awaited with snxioty, with tho hope; that somothing may bo dono to bring about an amicable seitloment of the diffoulty, and rosumption of travel and tradq. : R.A.B. —_—— Sl ABROAD. Loxpox, Nov. 7.—The Diroctors of tho Bank of England to-day fixed tlio rato of disconnt at 9 per cont. 5 Loxpox, Nov. 7.—Thers {s great deprossion | in all stocks on tho list, and the niarket is fat, ToxpoN, Nov. 7.—The amount of bullion withdrawn from the Bank of England to-day on balanco.was £84,000, Tho rate of discount.in apon market for threo montha' bills was § por cent, which is the same aa tho Bank of England's rate, The rate for money at the Stook Exchango on Government securitios was 8 per cent. Thero are decided symptoms of panio in the stock mar< kot here. I quotations have fallon off, Con- gols, for money, 82; on account, 933@923(; United Btatos coupons, ‘658, D136 '078, 0587 10-40s, 904 ; new bs, 893¢. irie, 137, ! . Loxox, Nov. 8.--5 a. m—The smount of speclo withdrawn from the bank yostorday for e United Btates and Caunda was $870,000, most of which goos to Canada, . * * Tho withdrawal of $760,000 in specio from the Liverpool Braach of 'tho Bank of England for shipment to Now York by to-duy's steamer is rndenstood to havo been the determining causo of the advance in the bank'rate, "~ ° BeewiN, Nov. 7,—The Gorman ‘Ministor of Financo has docidod to sell 20,000,000 thalora of disused silver to the Unitod States Governmeont, ‘which {g the highest biddor. Panis, Nov. 7.—Rentes, 56fr B0, Tzangronr, Nov. T.—Fivo-tweutios of 1802, . [By Mafl] . LETTER FROM DNNAMY PRICE, PROFESSOR OF PO~ LITIOAL ECONOMY AT THE UNIVERSITY OF OX- FORD, EXGLAND, . 7o the Editor of the New York Financier: “'Bm: Willyou allow me to expross to you the vory great pleasurs with “which I read your ro- markable paper on * Bank Obligation to Deposi- tors in s Panio?" Thave nover seeu the central NOVEMBER 8, 1873, its rato of diacount—fo (e vast Injury of com- m‘nx,a{a which thoy burden with & grisvous and purg Li'lflmuouu cont of discount, I wialt thoy would rond tfi6ss romarka of yours, Bupposd thn{ drovo into the Fitik tho_wholo elghty millions ot gold which England fjonéessos alto- gothor, Tho linpossibility to moot demiétids for cash ontdlled by panlo would scarcoly bo reduoed ; and, upon their theory, to clutoh all this gold is tho ‘ono nupromo objaot wiich the contral bank of Epgland, ought " to oim st [ncossantly, A pitar raduchip ad absurdum X am not acqiikintdd with ; it wourld matoh with those in Euelld, 1 haye no.doubt, #itle suol nieans of obsor- vatfon ag T at pronont posuest; that what you say in'truo, that tfib commotion at Now York *‘13 sttldtly & finanolal troublo and not o conumioroial- findtitial ope,”. Dub you will forgivo mo, I hope, that {f thero lns beon a ! too Dastynud too nutlolpatoty iilrdid conatruction,” it canuot bo _said that - flicfd fs Viife Bamo wealth and the some renl Wus Jn tlia world na bofore.” Tho construction of rail- wnyH Ja & prososs mout destructive of wealth ; it has to feed oyt énormous number of. Inborors, to clotho and hous Hiém Axd supply thom with tools,” Tho materinlg shsorbod it the construc- tion aro immeonto aud vory exponsivs, fud. they aro all as much destroyed for the timo as if tho hiad beou thrown,Into the ses. 'Thatis an_incl- dent common to all forms of lmrital ; eapital s deatroyd by Giaploymeént, but 18 _found ‘ngaitt with increaso In the thinfe it producos, But iu the cano ‘of rallways thé rostevation doos not tako placo for_yonrs, ovon: at the heat; when tho formation of tha railwgys,.goes. on.. upin~ torruptodly, Tho piriod - of nntional , pov- erty, ; causad by thd , _Gonsumiptivo procoss "ot ~consteuction, i ' réndored &l argor whon . financiel Lroiblés interrupt tho ‘work, and thon_tho dimivution of the. publio woalth is most real aud may bo moat oppressive. Tho sovority of the Englisli crisis of 1817 waa in no slight dograee duo to the loss of woalth caused by an oxcosulvo maling of railways., A nation \whioh invosls in railway construction more than it sovings, unloss it can contrive to borrow from abrond, must as inovitably.fall into émbare rassment 88 & man - with £10,000 ‘s _yoar who draina his flolds to.the oxtent of £50,000 in onc year. Tho rail\vays and drain, though they are most onriching investments, will not avert the temporary povorty and, it may be, distross. Yow far the ** nntlclpntnr{l railroad- construction” s procoedod in the United Sty’es {a-a point - which I look forward ivith' muct interest to some succedding number of tho Financier to ox~ plain, Boxauy Prioe. Oxvonv, Oct; 17, 1873, pitis s . . PITTSBURGH. Bpectal Dispatch to The Chicago Tribune, § Prrrspunctt, Pa., Nov, 7.—This day has been full of rumors of failuros in this oity, but, with ono excoption, thoy had no foundation in fact. - This morning the banking-houso of Ira B. Mc- Vay & Co, susponded. Tho houso s situated at the cornor of Fourth avenuo and Smithfield stroot. 'Thoy oponed the offico ns usual, but o little Iater tuo doors woro closed and the follow- ing ominous notice posted thoroon : Prrrspunai, Pa,, Nov, 7.—~Owing to complications growing out of tho'suspension of our Enstern carro- spondents, wo are complled to close aur doors, . (8lgnod) Ina B, MoVAr & Co, - - This notice had beon posted but a short time whon tho nows apread liko wildfiro through the city, One man, who had deposited $1,000 just before the olosing of the bank, was tathor olamorous, and eoxprossed ‘his dis- appointmont in torms moro foroiblo than polite;. The abovo notice mesmoed to give no clear reason for the failure, but tho firm’ 8ay that they will make a statomont in a few days, The McVaya lave inhoritod thoir busi- noss from their father, Thoy boro an oxcollent reputation as business men, and it is believed by all that thoy will coms out all right, The ayor had 810,000 ot city funds iun ho bank, which was to bo transforred to ho Comptrolle: this morning. Thore were also 828,000 1n Lllsworth improvement funds doe posltod thers, which, howover, aro amply so-: cured. This firm havo boou taking contractors’, papor to somo extont, and this, in_a_measure, may bo rogurded us 0RO Cause’ of bheir failuro, The First Nationa}-Banl, throngh whom- thoy did thelr Cloaring-House husiness, had no mora notico of their failuro than ono similar in pur- port to the above. DA g ; WASHINGTON. | 0 TOLITIOIANS INVOLVED IN - SCOTT'S SCHCMES, Speciul Dispateh to The Chicago 'riduns, ~ WaguixozoN, D. 0., Nov. 7.—Tom Scotl's mis- fortunes Kavo. fallon with cqual woight upon | Ratlroad, | 'miills {n'difforent séctions of the Stats that re- | | apoin, with the prospot that thay. which it appoard thst tho total assataarp £6,897,- 800, £nd tglm is dua dopositors 5,220,185, tlio' atatomant of $ho Recolvor it 1a shown that tho following socuritios wore purchasod ywith thio Company's_funds by the dofaulting Seorotary Oarltou : 10,000 shares of -Atlantio- & Pacifio Tailroad stool, 00 ptiares of Pacifid Mall Stoam- ahip Companiy, . 2,000 sbarcs of Union Pacifto Jq’m shares-Wostorn Union Telegr: d:h; 400 sharog Oolumbus, Chicago & I¥ndiana Con« tral Railroad. Thonse are sccordingly claimaod as the proporty of tho Trust Compnuy. [To the Associated Jress.). . . New Yonw, Nov. 7.-~The day: olosed ‘with a very uusottiod ‘{nnllng. Beveral rumors woro afloat in rogard to the fiuancial situation in London; ono of whiclt wes that discounts in opon market wero 10 por cent. Rumors affact- iug the atability of various morcautile and finan- oial housos aldod to enhance the foeling of ap- prohonsion, . Hormx < loaned at 6@0 1-83, and clomed at7. Forolgn oxchango was flrm, shough Irrogular on account of the London situntion ; G0 days,sold nb 10584 ; aight at 1085, Commoroial bills brought 103@ 10! 5 G, . 0 ¥ i % Gold closed fixm b 79{@734; oarrylng rates 8@3 1-32 per cent. "The cloariugs wore $45,750,000. Govetriments woro more notive, and closed strongor. Biafd hondy wero quiet and nominal, The Trensury disbursntents woro $344,000, »nd tho oustom receipts £265,000: . ¥ ©» . BTOCKS wote weak and lower, ranging at 3{@8%¢ do- cling, closlog fregular, though at: o slight re- covory from thelowest point of the day. iy folldwing ares the principal oxtromes: Now Yotk Contral; 77%@E0 ; Erle, 855%@39)( ; Luke ore; G0S§@025¢; Wabash, 843{@883¢; Rock Ioland; 84%4@86; Westorn - Uniln, 4656@485¢ ; Paciflo Mafl, 26 @27%¢. i gy THE MANUFAC TURERS. * . - IN MABSACHUBETTH. ., . Spectat Dispatch to The Chicago Tribune, . BosToN, Mass., Nov. 7.—The agents of the Lowell mills arc inclined to change their de- clilon rogarding their timo. Itls probablo that some curtailment is likely to be had, and that the reduction of time will bogin tho first of tho weok, but it is thought thet it will bo of shortor duration than was given | ‘oat & . fow days sgo. ‘ Beveral papor- duced tho work a fortnight ago are starting up can pull thro:‘fih the winter without any furthor sorlon diffi l? The Natlonal Tube-Works Oompany has closed tho large mill in East Boaton, and.removed its work to its other mill in Pennsylvanis,—a atop takon not on account of . any financial troubls, but falling off of buainess, Spectai Dispatch to The Chicago Tribune, PRTGADELPHIA, Pa., Nov. 7.—In Wilmington, tlio Diamond Stato Rolling-Mills have suspondod. but expoct to rosume shortly. They stato that a fow unfliled ordera are on hand, but ssles of iron ara vory dull. 4 gt As Iawkhnvon. all the mills but one have sus- ponded. X 2 The iron-farnaces at Allontown have blown out two of their stacks.. - - > % Tho Fishback Iron-Mills, at Pottsvillo, are again in foll blast. < o BUSTENDED, 1 Schwmepper Brothers, manufacturers of dross. goods, have suspended. It is roported they have amplo assets to pay their liabilities, THE KENSINGTON MILLS.' . ~jsecrot sonsion. yardo fa_Greon Point! One hundrod Iaborera woro dlscharged at Tong Island City, Ono hun-, drod cabinetiilakers were discharged in the ssmo oity. Four hundred men from the Brooklyn City Works, and 300 mon from tho Prospect Park improvomonts, 5 —_— BOSTON. Speetal Dispateh to The Chicago Tr{bune, Boston, Nov. 7.—The business outlook segms to bo mord cheorful to-day. There aro beiter roporta from tho mills, and bettor roporta con- ¢orning mionoy on the stroot, thaugh of courss tho stringency still exists and the embaranss- mont {a widesproad. iy JORDAN, MATSH & cO. Tho statement rogarding the ombarrassmont of tho fargo dry gooda catablishmont of Jardan, Marsh' & Co., socems to bo ontiraly without foun- dntion. They roport that their businoss for Oc- tober was greater than evar before; and that, for tha first week in Novembor, it iy 20 por cook Iarger than for the samo period Iast year. Thoy rutlt:uo to incroaso in tho lenat thelr discount fof. cash, ¥ g FAILURE ANNOUNOED. The only failure announced to-day was of & small produce house which has beon in o shak: ing condition for somo timo, und this has no | effoot upon the general trado. o i THE END NOT IMMEDIATELY AT HAND. Though' the outlook is -thus. encouraging,: thera are no indications that the eud .of the , utrln[finnuy or dapression ia immedintoly-at haud, and all classos of businoss ore propariug for'a, quiet eloso of tho your. i ——— 4 . ; THE TRADES. i . New Yonx, Nov. 7-—The bricklayers are ‘still ona strike, Thoe Contral Council of the United Ordor of American Bricklajors mot last night in It was stated ¢t s compromieo was suggested that employers. chould deduct: only 26 conts from & doy's pay, {nsicad of G0 conta, L : X : 2 Dy Mail} - A GDAND STBIRE IN NEW YORK $ ‘¢ TION OF WAGES, New York Dispatch to ths Loston Aduertiser, g Tho conflict with lahor has come soonor.than ; oxpeoted, though the evonts of tho pnst fow . weoks havo beon pointing ateadily toward sn at- tempt to roduco the - prico of_ lahor, It was thought that no direct overtures toward such an; ond would be mado ot’onse, but this morning tho firat indication of the storm lp{eumd amonj the workmen - belonging to the Laborers' an Bricklayers' Unlon, That o strike. will break. out and includo all claases of workmen is evident. If n roturn ‘to specio payment is effected thero will boa corrosponding deoroase n pricos of allthe wages, mecosgition snd luxurios of life, 'This docreaso will necessitato acutting down of wages aid tho wnrldnfmun. and whon. uls;fin‘uomp d fhn ltn:{;glo will begin, Ovor 5,000 sruok to- day, and around tho buildings whera they have beon employed thoy stood discussing tho probi- bility of making-their omployers forego the ided of outting down thoir wagos. They esy that their wagos aro 80 small now that it is diffoult to mnk:qm(k ends moot, and to comply with tho 1ast’demands of the bosses would bo equivalent to slowly nlnrvingh:u doath. Itls not.supposed it in & ploasant thing for any ono.to. suffer & ro- duction of wages at sy time, but tho workmen, sny that if a roturn'to a spocie basis wore proba« Dbla they would not complain, if o corrosponding dacrease was obgorved in tho nooessaries of lifo, but they declaro that no reduction has _yet mnd'a its"sppoaranco, and for the present they can't AGATNBT REDUC~ The following.is & summary of ihe condition of .industrics in Konsington. .Of tho cotton and . woolon-mills, . nino ‘xapl:auenung. 1,610 looms, employing 1,245 hands, havo susponded ; four xnpmacnfin? 898 looms, employing™ 820, hands, are on half timo, with an average roduc- tion in wages of 16, and in some instances 80 per cont ;..thrao on cotton yarns reprosenting 5,292 spindles, employing 82 hands, at same reduc- tion of wagos, arc on: three-fourths time. Of the other worsted and silk goods factories, two ropresenting 1,116 looms, employing1,625 hands, have suspendcd, and one.representing 106 looms, employing 120 hiands,' 40 of Whom wero lately discharged; is on half, time, at the Above mon- tioned .reduction of wages. Of the soft felt hat factories, one. {s on halt time with 80 hands short ; of tho hosiery manufactories, two employing 1,400 hands are working full, clearing up stock, ;mpmmr] to shutting down ; of-tho carpet and ourléd-hair manufactoriog, one ropros sonting 88 looms, omplojing 45 hands, hes sus: ndod, and 13, fopresonting 753 looms, emplay- E’g 1,360 hands, at reduction of wages, are work: ing holf time. Two .furnituro. manufactories, very many of tho moneyod politicians.” Atongat the sulforers are Houry 8. M'Comb, author of the Credit Mobilior suits, who had 8160,000 in Scott's Construction Company, gud Edward 8, MeCook, who had $40,000 in thu‘nmu conoern, Discreot critics now say that NO NEW RAILUOAD TO TIE PACLFIG will bo built for ton or twenty yoars. GEN, BHERMAN'S VIEWS OF TUE PANIO, ' " Gon. Bherman hasbeon surprising hisauditors, high snd low, by saying that tho run of failures in railway, mercantile, and speculative life is of no real consoquence, and that it ought to go on until the cousciencoless’ cloment 8 climinatod from banking and ‘commerce. * He thinks that if sufliciont of theso failurcs oocur, wo shall have &n easy monoy market in a fow months. ONANGES IN THE TREASURY BUREAUS: DESINED, Considerable rosolution has boen shown since the Btate eloctions as to compolling changes in samo of the Fotonu_al burcausof tho Troasury. ‘The opposition is direeted agaiust Beoretary Richardson, and his Bolicitor, Mr. Bonfield, an also against Mr. Kuox, tho Comptroller of " tho Currency. Bouflold is one of Boulwell's a; trath 80- poworfally put- that, from the very na- ture* of nnldn;i 1t i 2 physical impossibility that evory doposi tor should receive in cash at tho samo moment- repayment of the debt due to him by the bank, Tt ia parfeotly truo that he is theorotically and legally entitled .to immodiate anment; but it is oqually true that in lodging ia . monoy with & bank ! ko' is b to understand:* tho mnaturo "of tho act he in parform(ng. Tho very fact of availing himself of the services of banking involyes the obligation that ‘ho should know what banking is, and that it Is of Ita very essonco that the banker should make uge of Lis doposit and laco. it out ‘on loan’ to another porson, He is lurther committed to the knowledge that whilst, 28 you justlyromark, the bank.is pledged to meet the demanda for repsyment that are sure to ocour in ordinary business, and to a cortain extent even beyond ‘that limit, the bank also ro~ lies on -its creditors, to .whom it has lont the funds of the depositors,repaying also on demand, and that thoy may fail from & hundred causes to do 80 when called upon. Banking must coaso to exist if' the only possibla guarantes for certain mpnmmt of " depositora wore the ping tho deposits in cash in tho bauk's yault; .‘To repay tho deposits of every ‘bouk in cash ona glven day is as impossible sy to repay in cash every croditor in the nation. Honce a dopositor, whon confiding his money to 2 banlk, comos under a moral restriction of pure nnuue‘t,v involved in the businoss ; he cabnot got back his monoy if all his brother depositors, fusauumg equal rights with himself, ask for hoirs also at the eamo time, A univorsal fear, therefore, driving all tho dopositora to domand repaymont simuitancously, is a clear violation of the underatanding . on which banking s con- stricted ; takon a8 a genoral movoment, impoll- ing all together, it is essontially irrational, and al#o, which is a capital matter, an insane on- slaught on the common intorests of all. - But how is .such an explosion of foar to bo rprovonted? By no other method than the one iwhioh you point out: byesch man for himeelf srosolving to guide his condnot by some motive ‘more rational than an outburst ofy alarm. Buta aan may roply, *Why should I not goand make m{noll enfo? I have no scourity for tho rationality of my brother depositors; thoy aro vory likely to "become frightoned fools; why -should I not provent thom from landing me in ruin?" The nnl‘y answar to this is, that you aro becoming & fool -yourself; you are doing the Jfoolish thing; thoy are no worso than you. If T, must be assumed that vo ono van or will act sem3ibly, thon you had bottor have nothing to do withwbanking, 3 Opse. very jmportant Iuference I draw from our mab,. Just coneoption of the position—tho olly of witwt you _so delightfully call the * ro- sorve bughear, ' I wish ibls capital phraso would cross the water ond take root amonget us Lo~ lishmon, I haye-nreached thiasame view often, t fow will llstvn fo. it England and English economista have gono. mad about s roserve, Nothing will eatisfy thom ~2'ub _the piliog up of endless ingots [n the Baok of Togiand’s vaulls § if they decrease by svarao litt]p, ti20y sound tho trumpet of alarma, thoy bd meraliagla 0 tradars, bo frizhitenod, ey oall uogn tho Hagkyéo Telse enforced— pointmonts, aud his advico as Holicltor has, it is Baid, brought the Troasury iuto the prosent snarl with the canal companies. 5 CIARGES AGAINST COMPTHOLLER ENOX. Knox is donounced as incompetent by the croditors of the bauks which have recently faled. Amongst tho charges brought against’ him is one by Gov. Sho{lhm'd, of the District of Colum- bin, to the effoot that bo haa beon purauing the National Metropolitan Bank vindictively, becauso his brother-in-law was _refused a place on the Board of Direc'ors. Bhopherd told Knox that if he had shown common sonse in looking aftor tho Firat Nutional Bank the romaining banks of the District of Columbin would not now bo com- pollod to carry all the busincss of thia region over this period of l!iringunufl. Inthe caso of tho Occan Bank ‘of Now York, itis uhuézml thot Knox subjected the Govern- ment to damages before the motropolitan courts by bia ignoranca of tho law of contracts as af- focting one entered into by the said bank with its attorney, Nathaniol Wilson, who brought suit againat the Rocoiver. and rocovered the full |. smount of his feo, with interest and drawbaok, | ——— NEW YORK. Apecial Disputeh to The Chicago Tribune, THE PROCEEDINGS AGAINET TIOWLES DROS. & 00 New Yonx, Nov. 7,—A potition asking that a ‘Refareo bo appointed to hear teatimony regard- ing tho Intoresta of the potitioner in the caso of Nathan Appleton against Bowles Bros. & Co., horotofore dolng business in this clty, Boston, _London, and Paris, was prosented to-day by F. E. B. Stotson, a croditor of the firm, to the Olerk of tho Bupromo Court, and by him filed. Tho potition sots forth that some timo since thres policios of insurance, one for £80,000 snd two for $10,000 each, mado outin favor of the pe- titioner, wero deposited with Bowles Bros, & Co.; that about ingolyent, nnd that thercupon Apploton began an action In the Supromo Court iu this city for tho purposo of sottling the affairs of tho firm sbove reforred toi that in . this adtion Judgo Fancher appointed Honry I, Davia, Jr., Recoiver of all tha property and assotu of the firm; that soon_the policios Erevluunly reforred.to came into possesslon of the Recelver, where thoy still romaing that Honry J. Btovons has' boen ap- ointod Assignoo in bankruptoy in the case; and i’m persons named Alvah Miiler and James F. Hind, respootively, have also brought isuits against tho firm, nuaghm that théy havo claima sgalust them, ‘The Court appointed Phillip T, Ruggles Noferee. o tn . THE ORINNELL BUEPENSION, ' New Yonw, Nov. 7.—In the case of thoapplis cation of Bisko Drothers for. s poclal arder of the Coust protecting ' them from loss on.tha saly of tho socurities thoy hold for monoy loaned to Griunell & Co,, Judge Blatobford to-day decided that no auch spocial order can be granted,.and puch sales must bo at the risk of the nnl.\mi,‘u any aro mado, ¥ % TUE UNION TRUST COMPANY. & Tho Post will publish this evenlog thie rovort of the Union 'Wrnat Qomuauv, from Nov. 0, 1872, the firm became |- formorly employing 85 hands, have now 89 on timio ; ono firm of Moracdo dresgors, {natend of 70, employ 35 on full time. SRS . Morris, Faskor & Co., ‘of- this city, who are orecting extousivo iron-works at Newcastle, Del., stoppod work thoro entirely yestordsy, throwing sbout, 300 mon out of employment. = |IN DUFFALO. 5 1iys_Special Disnateh to The Chicapo Tribune, "“BuwFaro, N. Y., Nov. 7.—Five bundred men weoro thrown out of nmrlovmunt by manufac- turors hore last woek, I'rade is becoming more ond more dull, and merchants aro cutting down expetises, " | A L ) i IN'ST, LOUIB, . - * 81, Louts; Nov: 7. ~T'wo of- the' iron works in South St. Louis hnvn,seopému. throwing about 200, mon out of emslaymun . The Vulcan Iron- Works have stopped two of their three furnaces, closod their rail-mill, and discharged- about 400 mon, * Othor works have also stopped some of their furnacos, or discharged a patt of their em- ployea, and all hava' reducod their wages 20 por cent. - Many manufacturing establishments in the city have "materially roduced their working force, but Have not out down tho wagos. & NEW ENGLAND MILLS, Bostox, Nov. 7.—~Tho Manclestor, N. ., Yflnt works wlll do no moro printing until ‘tho st of Decomber. About 800 peopls ars thus thrown out of work, The mills have shut down this wook, and it is'understood will run only four days per woek heroafter. i 3 Tho mills of the Great Falls ‘Manufacturing Company will bo run- on throe-fourths time on and after nexs Mom];{. The Amesbury woolen mill commenced yos- terdny running on half time. - The Balisbury mills are” running three-quarter time., The Merrimac 'Company will shut down to-morrow for the month of Novembor, - P 5 LONG. IBLAND COMI FAGTORY. NEw York, Nov. 7.—The rubber-comb factory. at Cullosa Point, L. L, have roduced their time to four duys per wook, employing 600 men, ' NATIONAL FINANCES. i Speclal Dispateh to The Chicago Tribune, * SERIOUS TROUDLE IN ILLINOIS BEVENUE DISTRICTS, - Promuw, Ill., Nov. 7.—The recent order of Sooretary Richardson direoting the Collector of Iuternal Revenue of thia diatrict to sond, each. day, one-half of his daily rocelpts in currency to J."D. Webster, tho Assistant United States Trensuror st Chicago, Lns caused considerable .trouble amcng distillers and brewers, They are, of course, obliged to pay currency for stamps, and, as the banks here will not consent to dis- burso funds that do not coms back, the prospect s not encoussging, Tho distillers have all united in a petition to Socrotary Riokardaon ro- questing a repoal of tho obnoxlous ordor. Un- less ho grants their prayor, many of the distillors will shut down, £ WasmnoroN, D. 0., Nov, 7.—Roceipts from customn at the Treasury for the weck ondin, Oct. 81 wera: Now York, $1,004,662; Dalti~ more, $07,873, © : i b > ST. LOUIS, Special Dispateh to The Chicago Tridune. STARTLING BUMONS. 2 81. Lours, Mo,, Nov, 7.—Rumors have boen ourront for & day or two_affeoting the nllblll(u{ of the large jobbing dry goods firm of Dodd, Brown & Co., of this city. . The mombers of tho firm positively dony that there ia any foundation \ for the reports. It has also been cuirontly reported that I, D. Mann & Co., oxtousive dealers in fanoy dry goods, are shaky, but there dosa not sconi to be . any cause to suspoct thoir solvency. They are slmply solling off at cost, preparatory to a chauge of baso here, or an entire desertlon of :the city. Thore s similar talk in rogard to two Iarge commiesion houses, whose nsmes have not yot been mada public, opctal Dpaios i e s 2vi iapatch to The Chicago Tr{bune, Dernorr, Mich,, Nov, 7.—P. R. Lahm & Oo., of -Jackson, extensive dry-goods dealers, woro brought to the Uniled Btates District Court by %hel;r Na:r Yaflé‘gr?:dlltlovlfi-dny ous ,putitlnsls in ankruptoy. eir liabilitios rogate $330, 000, Assete, e 1 9,000, it WORKMEN' DISCHARGED. ; New Youx,'Nov. 7.-Two “hundred. aud thirty men were disohargail this week from the lumber oxist on smaller wages. - On the other hand, the bosses seom oqually dotormined to fight it out. Thoy say ehei cannot, in the prosont state of affairs, pay tho wagoes now given, and tho men ‘muat comply with tholr wishos. To continuo to pay tho wages thoy have lately beon doing would bo. s dead loss, and those who are uot, working under contract say thoy would rather have tho men idle than poy the old wagos. Tho workingmen will hold a° meeting to conaidor what ia bost to be dono under tho ciroumstaucos. Thoro. i no doubt thoy will porsist in thoir do- termination to opposs the -effort. to cut down thoir wages, and furthermoro thero ia no doubt the borses will romain a8 obstiuate as the men. The 6,000 who struck thia morning increnses the number who are now ont of employment in the clty to 16,000. * It is probable that within a few ‘daya ‘the numbor will bo largely incronsed, and, whon it is, the trades-unions will bo taxed ta thoir fullest capacity to eupply tho wants of the strikers, Tho gonoral council of tho brick-lay- ors'was in session to-doy at the Germanin As- sombly Rooms on Twanty-sixth stroot and Sev~ enthi avenue, for tho purpose of roceiving re- ports from the shops. Tho mon allego that the employers do not loso -by. paying tho old_rate of wages, but, on tho contrary, gain: conaidorably, a8 tho prico hos fallon latoly $3 por 1,000. The building at this' time .of the yeor is slack, but thers aro more contracts on hand this yoar-than for.the past four yoars, The grontest-confidonco is oxproused. in tho success of tho'strike, The mon oxhibit ‘s -dogged por- soverance, and soom determined to succeed, Ae an oxamplo.of tho gaina mado by tho builders at the present timo, it is stated that a co-opera- tive associntion s boen formed known as the New York Mason and . Building, Company, com- poeed of practionl mochanics,. who will take con- racts for’ mason work 20 por cent lower than the bosses can afford to perform it, and when this is the case the men say that their employers cannot be losing money. A mass-moeting of the brioklayors, mnaons, and laborers was held to-night, and the quostion was .discussed in all its boarings, YELLOW FEVER. ./Two Deaths in Memphis in Twenty= four Hours--Contributions for the Iteliof of the Distress Taken Up in New York, e Mexenms, Nov, 7.—There wera two deaths from yellow fever and five from other causes in the twenty-four hours ending 6 o'clock p. m. The weather is clear and warm, and favorablo to the siols. itors, Tho streots are orowded with vis- ' RELIEF MEASURES, New Yozr, Nov. 7.—Nine police princts return over 84,000 contributed at the polling places, on oloction day, for the Memphis suiferers, Tho police liava contributed §32,000 for tho polico of Memphis. The Committee of the Producs Exchange ap- ointed to devise a mothod for assisting tho emphis sulferers, have dotormined to take up subscriptions of 31 each toward the bale of cot- ton received by this Exchange from tho Chicago Board of Trade for the bonetlt of tho sufforers. There will be a dnwlnf on Nov. 17, and the per- son getting tho bale will have the priviloge of forwarding it in his own namo to somo ather Board of Trade, or of returniog it to the Com- mittoe and recelving §50. INDIANAPOLIS. Articles of Association Filod—NMecting for the Xteolick of the Poor. Spectal Dispatch to The Chicago Tribune, INpIaNarors, Ind., Building Com{rlnny to-day filed artioles of asuo- ciation with tho Btato Bacrotary on a capital stook of §75,000, The Directors are Louis Kim- mell, J, Goorgo Metzgor, Chris. Bherer, Johu B, Myer, J. H. Wyckors, A, Voltman, John A, Rice, Honry Steln, and Jolin Leacher, The Lawroncoburg Whael Company also filad articles on n oapital stonk of 840,000, with T, B. Dohell, John B. Garnier, Martin Tottell, J. N. Kleitnor, aud Jno. Behraert as Directors. Another largo mering of business mon was Lold to-night to cons’der mensurcs for the reliof ot tho poor, and to “urnl ) hecallor bodied mon And wo'sen. sl employment for ablo: THE BA'ARIAN DISASTER. Undoubted f.oss of All Who Remnined on Roard the Bavariun, TonoNTO, Kov, 7.—All hope is abandonod of the safoty ‘57 the fourtoon poraons who woro loft on board i burning steamor avarian. Touox fo, Out., Noy. 7.—Gapt, Howard, Gon- oral Bu) srintondont of tho Cauadian Navigation Compn dy, reports that tho burning of tho Buva- rian Waa caugod by the breaking of che walking- boswy, the fore part of which fell on several bar- relra of pirits stowed on deok, bursting them 2'ad onusing five, It is the intontion of the ’JnmEln to proseocuto tho piot ana men of the tirat an{ that left tho buraing steamor for leav- Ing contrary to orders. -t » - THE NEBRASKA LEGESLATURE. Speetal Vs h to T'he Cleago Tridune, e v Nov. 7.—Gov. TFurnag b, b deieg ek oonl bio Nobraska Loglalseur .this wintor, v, g Nov. 7.—The Lafayetta