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THE CHICAGO TRIBUNE: TUESDAY, DECEMBER, 7, 1880—TWELVE PAGES. ———— NEW YORK. pellef thatthe Money-Squeez- ers Have Made a Fail= ure of It. 0 Bank Receives Remittances sof $10,000,000, Curreney and Collaterals. ‘ign Specie Imports Almost Te eeancing Shipments to the Country. Bamarkable Qhanges of All Kinds Possible During the Pres- ent Week. poLesseps at Last Secures the Confidence of American Financiers. Granger Roads Afraid to Declare Divi- dends Till After the Legislative Sessions. ‘three Hundred and Fifty Very Sad Creditors of the Minne- apolis:- Man. Alen & Coo, Tobacco (Sales $2,000, 000), Make an Assignmont— Too Much *¢ Push.’* Hspleson'e Troublo— Norvous Neptuno —Frightfal Fight with o Oat- PhilpOther Mattors. STOCKS. -DHOOPING, a Special Dispatch to The Chicago Tribune. New York, Dee. &—Tho weuk opened at the Stock Exchange ona lower market for socks, but there was an immediate rally and astrong market for tho first half-hour, when, athough money wes easy at per cent, pri- eesbegan to droop, and haye since continued heavy, the decline ranging from 3¢ to 3, the Inter Reading, which was closely followed ty Chattanouga, Mobile & Ohio, Western Union, Iron Mountain, Lake Shore, North- western, Delaware, Lackawanna & Western, Erle, Reading, Chicago, Burlington & Quincy, and Ontarlo, Tho changes In the remainder of tho list yeronot important. ‘The weakness In Read- fog was ascribed to Philadelphia advicesan- powncing that tho deforred-bond schemo would probably be abandoned in favor of tho proposeal Issue of $115,000,000 OF IRREDELMADLE OBLIGA- TIONS, ‘The most active stock has been Western Unlon Telegraph Company. It is no jonger dented that the insiders have been free sel- les of Inte, and they aro authority for the statement that the earnings during the Inst quarter have een disappointing, It fs possible, however, that the regular quatterly dividend will be declared, although the receipts are sald not towarrant ft, ar tt may ba that the dividend will bo reduced or omitted, and the money kept to use in the reported forthcoming con- test with the Atuarican Union. If these tio Companies were in harmony, both might be profitable properties, At war, both ean bo fofured, although the one capitalized for tho tmaller sum enn of course bo injured less than the other, TUE MARKET UP TO NOON aj wis weak end lower, aul the low- est prices of tha morning were cur- rent at this hour. Reading was the weakest specinity, and sold down 23%, Thera wag a further dectlie in New York Central, Lake Shore, Michigan Central, tron Mountain, Northwestern, St. Paul, Lacka- wana, Delaware & Hudson, New Jersey Central, Chicago & Omaha, Chicago, Bur- Ington & Quincy, and Nashville & Chat- fanooga. Western Union was algo heavy. Onthe second: enll the market was heavy, tnd, with money up to 1-61 of 1 per cant pre- nium bid, the Hst at 3 o'clock was at about the lowest points of the day. TUK MARKET ‘THEN MALLIED FRACTION- ALLY, St Paul taking an upward shoot from the lowest quotations. Erie {mproved 3, and theGrangers, cowl stocks, and truuk-line ahares nproved fractionally all around, with Indications of an improved closing. Money was Inst quoted Jonning down to 6 percent, anu funds will apparently be plen- tial within a day or two. Fragments of the Sceretary of the Treasury’s report wore tecelved in the street beforo the close of the day, and his recommendations were gencral- Iyindorsed, ‘Tho local money market thus fartoday has been much easter than.last mete and Lhear of no loana above 6 por _ AMOUT ONE SHILIAON DOLLANS OF -FOREION SPECTR has arrlyed since Saturday, and more is ex- deeted, At the sano time the demands for money from the South and West are vory large, and much more than tho amount of foreign recelpts will leave the clty to-day. . Theres not reason for oxpecting s lower than sharp per cent money market for the Rext four weeks, so far ns natural causes are fotlcerned, and the market Is Ikely to ro- mau in a position whore it ean be made very” iringent or very onsy for short {n- tals, Primo tuercantiie paper Is 6@7 ber cont, ‘Ime ‘loans cost 6 por Sent and acommtssion for thirty days, but Wer rates prevall for loans of long date, the yt Tue FONHIGN EXCHANGES bs market is wenker than on Saturday, Pag sixty-days ratean London (bankors') is 707f to the pound, and enables 4813}4@i83 on yaw cash transactions, 'Théra was o liberal pieriog of merchants’ sixty-day bills at pie Tates, It isnot surprising, at these es of exchange hero, that further with- teetts of gold from tho Bank of England » ST ttausulasion to New York should bo tande to-day, hee THE COAL STOCKS nny ed some weakenlng this afternoon, ona Hor, sald tobe greatly exaggerated, of a q Srecment among the great carriors as to Grderof production this wluter, ‘Tho market In the Inst hour advanced 4@3, Bh ter Kansas & ‘Texas, Reading & Lake Ht Weatorn Union Yelegraph, Unton™ iy New York Central, and Mllwaukea este Paul, Jersey Central, Erie, North andy, Delaware, Lackawanna & Western, Ay ‘bash preferred also showed 9 marked. tte The faiture of certain stock space ra to curry thelr schemes: for declar- ther tone gi Per, gent , instead of comune dividend on the Northwestern menter stock isu victory for the manage enihe thot railway. It wasno sceret, but Prestugettary a fact well understood, that erg cut Keep and Vice-President Hughitt xerting thelr influence against the thay sod weasure, It has been rumored Boarg tr, Scott and Mr, Osborne, of tho Uvoca ot Directors, were the stanchest winto tes of the new dividend, and this gave ; tho pspreasion that they had "loaded up" with the stock, It was anid that they had THE FAR OF VANDERBILT, and that thoy hoped to secura hls apport of the proposition, All. this, however, is only Bossip, antl may or may not have been wide of tho truth. A atmilar acheme Is now being bresserl before the Directory of the Chiengo, Burltngton & Quincy Company, and with a Prospect of Its being carried. At first {twas proposed to double the stock of the Corhpany, ‘This proposition met with but sight favor, mul wos, it is sald, opposed with partleniar energy by President Forbes, Vice-President Yerkins, and others of tho management. ‘The newest proposition, and the one which will most Ikely bo adopted, contemplates an increase of the’ capital stork to' the atnount of 60 per cent. ‘Tho ground upon which the fn- crease of stockis urged Is twofold, First, because the property Is really worth it, and, secondly, becnuso NUMENOUS NEW BRANCHES havo been elther bullt or acquired by pur- } chase, and at present thoro [sno stock to rep- resent this property. ‘Tho purehase just now of tho Burlington & Southwestern Rall- road and branches will, no doubt, have its welght in determining the netion of the Chit- cago, Burlington & Quincy Directory regard- Ing the proposition to Increase the stock, ‘The gossips say that this question Is being hotly canvassed among tho Directors and heavy stockholders. ‘The Griswold Interest is understoutl to be fighting for the 60 por cent Increase, The Board will meet in Bos- ton next week, when It is expected tha mat- ter will come up for action. Vice-Presttent Perkins is In Boston, and will probably not return home until this and other questions shall have been disposed of. There are 1u- incrous Indleations that THE IMMEDIATE FUTURE OF THE STOCK " MARKET is big with possible events, and this week's operations and changes promise to be espec- Jally Important. It is now almost gen- erally admitted that the extreme artificial stringency in tha’ money rates cnn senreety be maintained much longer because money has begun to come in largely from a grent many points, A prom- inent stock commission house on Saturday recelyed from Boston $1,700,000, and a still larger amountof funds was received here this moruing from Phitadelphia. About $2,800,000 of the United States 1881 6 per cents were niso received this morning by express from New England banks, These securl- ties aro redeemable nt once at tho Sub-Treasury ata stated price, and the funds will immediately be available, as will also bo $13,000,000 of the 1880 honds, which the Treasurer‘announced on Saturday would be pald on presentation without rebate, ‘The larger shorts in Northwestern common hav- ing covered up the}rcontracts, it is now, tated rt : THE BEARS IN BT. PAUL COMMON will probably ve twisted next. ‘The Icading bulls In St. Paul are also great believers tn Western Union Telegraph, and higher prices for tho latter are confidently predicted this week, 3fr, Sage is said to be a bull on West- orn Union at present prices, and he has ‘puts outstanding on about 60,000 shares for the balance of the year at 03@95, It Is given out that the reason why President Gowen, of the Reading Road, postponed his trip to England wns beeause of the unex- pected dinleulty which arose Inst week be- tween the Pennsylvanian and the Baltimore & Ohlo Company regarding the latter's new Eastern connection. It is understodd that the Pennsylvanin Company, ownlng or cone trolling nbout a mile of track used by the Philadetphia, Witmington & Baltlmore Com- pany, has forbidden the latter to allow tho Baltinore & Olio Company to use the same for its —_eastward-bound freight. Itis, however, clatned by parties who are fully posted that tho matters in dis- pute have been referred to arbiters, with a falr prospect for an linmediate amicable ad- justment. ‘The New York Central, Michi- gan Central, and Lake Shore & Michigan Southern Directors will hold thelr quarterly and semi-annually meetings on tho 14th Inst., when the Fobruary. first dividends will bo declared, e CONSOLIDATION, Tho Graphic snys: Soveral plans and schomes aro under dincus- sion and advisement betweon tho Chicago & Northwestorn ond the Chicago & Omaha officers which will probably ond in an amuigametion or consolidation, . There is somo talk or a proposed stock guarantee, with nan exchango of tho an- ourities, and n trado may be made upon tho basia of un exchango of two eliares of Chivawo & Omnha common for one shuro of Northwestern common, and an evon exchange of Chicazo & Omaha proforrod for Northwestern common. onto of the Northwestern peoyés think It would ve better to iusuo a Northwestern 4 por cent bond and all in the Chicago & Omaha stocks at 00 and por, reapcotively. A shnilar policy, tt 18 urged, was recently ndopted by the Milwnukco &Bt. Paul Company, which thus provided for the purchaso of tho Wisconsin Valley and the Dubuque Itonda, THE NEADING NAILWAY PEOPLE hore say that it Is not true that the deferred bond scheme ‘has been abandoned. On the contrary, the funds for this purpose are now ready, Tho press dispatches from Philadel- phit contain, it is sald, numerous errors as. to Mr, Gowen’s plans. Mr. Gowen’s friends say that ho simply proposes to make an frre- deemable consolidated bond in exchange for tho present mortgage debt, which hoe thinks will pay on an ayorage interest of 5 por cont, It was roported to-day that THE MONEY MQUREZERS had manipulated funds by the process of plaelng gold in the Sub-Trensnry and with- drawing therefrom silver certifieates, By this scheme the plotters have effected n lock- up and stilt retained the use of their money. ‘The Sub-Treasurer to-lay had bought up to noon $191,000 of 63 of 1680 nt the standard, urlecs, Dispatches were received from Am- sterdum to-day announcing the sting on the Bourse of Chicago, Burlington & Quincy, New York Central & Hudson River, and Wabash Pacific preferred, ‘Tho latter was quoted at 80, TEN MILTIONS, A wealthy bank to-day received from tho interlor over $10,000,000 in cuf®ney and col- latornls, consisting of stucks, bonds, ete, ‘Vis 1s the largest sum this institution has ‘ever before recelved in one day by $2,000,000, Itis now stated that the stock diyldend on North western has only been postpaned till next spring, and will be declared after’ the adjournmont of the Western State Legislat- urea. THe MINING MARKET. was greatly improved at tho second call, nearly all of the lending fancies advancing. Tho bulls are declaring that a boom will soon occur in the Comstocks, Consolidated. Virglula advanced. Leadville stocks were all higher, Ame selling up to 44 and Cilmax: to69, Green Mountain sold at 475, Moosa ab $8@100, Smiall sales In Ontario wero mada ati Brodio was strong nt 518, PRODUCE. ; WHEAT, Spectat Diapateh to The Chicago Tribune, New Yor, Vee, GA falrly active but very unsettled market for winter wheat, $1 tho changes, which were frequent and In fn- stances very sharp, chiefly reflecting the yarylug temper of speculation at the West After a somewhat firmer opening, the market speedi}y developed & decided heaviness, In- fluenced uiainly In tho extreme depression and unensiness roported from Chicago, lead- ing to a decline here of about 1@13¢ conty a bushel und comparatively free dealings, -mostly In the épeculative luterest, ‘Through the afternoon, under o more confi dent speculativo Inquiry and a pare tial revival from shippers, prices rallied again, in several Instances 3¢@3{ abushel. Near the close values weakened agalu on froor offerings, leaving of geucrally in favor of purchasers. Cable rdvices were of nn unfavorable tenor. Very little inquiry hag been noted for spring wheat, which has been quoted unsettled and nominal, . Sales of No. Lred at Si.27i¢, closing at SL27¢ bids No. Bred at $L.21@1.2214, chiefly at $1.217@ closing at $1.22 asked; December at SL2N4@1.924, closing at 81.2124 bid and $1.22 asked; January at $1AG@1.2134, closing nt $1.241f; do February at $1,20/7@1.27%, closing at $1,904 bid; No. 3 red at $1188 1.18%, chiefly at $1.18!¢; ungraded red at SL S@LWg, as to quality. CONN, OATS, RYE, AND BARLEY, Corn further ylelded 2/@13¢ cents a bushel on more Nberat olferings and a generally moderate tnaulry, chiefly In the option line, closing heavily; snles mixed Western un- graded new and old, 564@60} cents as to quality; No. 3, 6!¢@5744 cents; New York steamer mixed nt 57g cents; No.8 white at GO cents; steamer witite at 46} cents. Onts—A decline of 4@134 cents was noted, ehlefly on mixed, on 1 compgratively tame inarket; offerings fair but not urgent, with Western snies ungraded at 45@250 cents ns to quality; mixed do at 49@H cents; No. 3 Chicago nt 45 cents aftont asked, Rye partially neglected; quoted about as before; n few car-londs of ungraded at 99 conts@S1.00. Barley attracted more attention, and ruled stronger; No. 1 Canada sold at $1.20, ° PROVISIONS, Nog products quite «unsettled, opening wenk, but closing strong on a less active mat- ket, Western mess pork quiet for early de- livery; quoted at $14.00 for old; sales of 450 barrels old at S14,00; and fn the option lino dull, with December options at $15.00 asked, Dacon dull and’ weak, with long clear quoted at $7.35, and short clenr at $7.65, Western steam lard very tame for early delivery, anit quoted a shade cheaper; quoted as closing at $8.721¢@8.75; sales have been reported at §8,75 for prompt dellvery, and in the option line less netive, opening weaker, closing firmer, with December closing at $3.70@3.7234 ; January at $8.85; February at $8.92}4@3.09; March nt $9.00@0,0214. : THE OTHER MARKETS. A moderately active movement has been reported for tallow, with sales noted at 04@ 63 cents, Sugars—Raw quiet but steady at T4¢@7H cents for fatr to good refining Cuba. FREIGUTS. A very slow movement in freights re- ported, with more or less irregularity as to dates in the instance of berth-ruom, somo concessions haying been made by the steam Mines, calling for prompt dispateh. The de- mand for nccominodation has been less urgent, espeelally for brendstuffs, provisions, and general cargo. For Liverpool, engage- ments reported have been by steam, flour at 25 Ud@8s, mostly through freights and for- ward shipment, and by out-port steamers 13 low as 2s td@2s 74d; wheat quoted at 74d as. the best rate obtuinable to-day, Provisions at 30s@40s, mainly through frelght for for- ward shipment, and by out-port steamers as low as 809@32s Gd, TIE LOARD. A.petition was recently sent to the Board of Managers of the Produce Exchange, ask- ing that a meeting should be called to dis- cuss tho advisability of limiting the member- ship of the Exchange to its present total, which 152,163, ‘Tho Board and the Bullding Committee have both had the matter under consideration, and It fs now Informally ai- nounced that a ballot will soon be ordered on the general question of limiting the mem- bership, without reference to auy particular nuniber, MARWOOD. THE MINNEAVOLIS BANKRUPT, Special Dispatch to The Chicago Tribune, New Your, Dec. 6.—The Committes to. whom was referred tho investigation of the statement subinilied to Eastern creditors by the bankrupt dry-goods firm of Harwood & Co,, of .Minnerpolls, Minn, held a meeting at tha St, Nicholas Motel thisevening. There were some fifty persons present, Including the legal representative of Harwood & Co, and the manager of the Jate firm, ‘The Com- initteo presented a lengthy report, stating that they had examined Ifarwood's book- keeper and his general manager, who had submitted a revised statement of the firm’s condition Dee. 1, and (which was, in substance, as follows: Tho assets wero shown to bu $1,030,080. of which £089,435. was merchandise, $329, 010,45 accounts receivable, $16,884.40 bills receiva- ble, $25,677.95 real estate, ete. In the Hablli- ties the bills payable are $253,507.01; accounts paynble, $755,507.73; Mrs, Marwood's note, $05,885.59, ete. ; total, $1,120,101,69; deficlency, $37,120.75; confessed judgments, $420,477.08, ‘They find that NO DSTAILED ACCOUNT OF sTocK = * Ind been taken, but the figures presented to them ($680,493.24) had been arrived at by taking tie entory of July 1. ‘Tho estl- mated yalue of which to Harwood & Co., without regard to cost,was $300,000, and add- ing to { the purchases and expenses sinco that date and subtracting tho sales. ‘The accounta recelyable contain no suspond- ed accounts, and will probably vary a fow hundred dollars from the estimate they have made since July 1. Bills reeelvable amount- Ing to $16,881.40 are estimated by the manag- er to be worth 59 per cent, but they are most ly past due, Tho real estate consists of tracts of land in various paris of the State, ‘Tho manager says Harwood hns no other. Hoe haa chargo of tho deeds, and has seen no other. In regard to the furniture ond fixtures in the store, there Is. a marked discrepancy in this statument and the former one, which Is ox- plained by tho statement that THE UPPER STORY OF THE stone was finished by Harwood at his expense, Tt fs valuable to hin if he holda the remaindor of the lease, but is forfeited If the lease Is canceled. In regard to the Flrat National Bank, tho, manager states that most of tho $25,077.05 in this bank has been sluce pald out upon notes and salaries due clerks and girls In tho factory,—I. ¢, linbilities for wages. ‘Ihe suspense account was charged off July 1 at anestimated value of $3,500, Tho manager states that he made the present estimate when the former statement was made, but it was not accepted then, Under the head of Mabilities, the Committes say, upon the subject of bills payable, that Hare wood has been in the habit of waking paper which did not represent merchandise pur- chases to ba sold In New York, but docs not know to what extent, us Harwood made the entries IN A PRIVATE NOTE-LOOI which ho kept himself, He had known of ho paper boing sent In this way the past year to any ons but Bogert, but Harwood did the Enstorn business hinigelf exclusively. Some of the notes glyen at the bank had been renowed, ‘Tha buokkeoper says there are about 888 creditors, nbout 275 of them East. They now. owe one houso about $25,000, to whom they pald §25,000 a week or ten days before tho fallure, ‘Ihis was upon open ne~ counts, a portion of which had been running since last April, The bookkeepor does not know how any goods were bought between Sept. Land Novy1, They had patd out In that timo about 8250,000~§150,000 in September. wrt $100,000 In Octobar, Upon the matter of TUK NOTHS TO BUSAN D. HANWOOD, tho report says; His counsel statod that Harwood clatined tho following: Hurwoud was worth $200,000 on Jun, 1, 1877. Bofore that time bo was in businoss to Bt, Paul, and ovortures were mado to bin by oltizens of Siinneapolis to remove ta that city, His wife was much opposed to going, and finally, to obtain hor consent, ho aygreod to Kivo hor half of bis property, which he did. After goloy to Minneapolis he found bo uceded her moncy for the business, and took !t, Latoly all the houschold expensca bava beey paid out of {t, Sho, under legal advice, is unwilling to give itup,and this ie tho cinburrassing Couture ty his gotting started agalu thoro. Tho report ro- fors to the movement ou the part of Biinueapo- Us poopto to pool in and start Harwood in busly ners again, and continues: Harwood has only anid that Mrs, UInrwood's claim would bo de- ferred. nts COUNBEI does not think he can get it thrown up, if he wishes to, Sho does not propose to lose it, ‘The manngor states that he dues not know whoethor flarwood: gave her wnoteor the monos, Ho knew Mea, Harwood had somo money in tho business, but never knew of any note, and tho exact nmotntof the indebtednesa to her was not known In the house until after tho fallurc. Harwood's manager anys that he tes been with him for seven yours, nnd had charge of biacredits the Inst four. Hie valued tho accounts he bag inade upon the atatarnent at 85 oper cent. Hareoodl personally tuok the responsibility upon $3,000 to $40,009 of necounts he conld not check, and there ho dows not value at over 25 per cent. He docs not know tho amount of suspended nce countsaince July 1, They might be #20000 to $24,000, Tho not losses in 1830 were about 10,- 000, nut they will bo larger thia yoar. CONCTUBION. ‘The report concludes: ‘With this information before us, and believing: that anImmediate and careful investigation of tho assets and Habilities of this frm fs the fest thing to bodone and absolutely necessary for, the proper estimation of tho value of our cintms: and with tho conviction that the creditors would support hin in so doing, wo bave already dis patched a competent accountant to Minneay> olls to examine tho books. Iseyond this we have engaged n trustworthy expert to go out and take a thorouxh and detalled account of the merchundise ut once. : THY REPORT WAS ACCEPTED without a dissenting volec. An endeavor was then made to bring the creditors to an agreement to contribute to the payment of the expenses of the Cominittce and the ex- perts proportioned to tho clulms of each agajust the bankrupt firm, and a paper to that effect was drawn up for signature, Not more than a half-«tozen appended theirnames thereto, to the aggregate of Indebtedness of about $45,000, It was finally declded that the paper should be taken to the creditors, and: their consent to aid {ue defraying be secured by solicitation. ‘There did not nppear to be any disposition at first on the part of the creditors to act con- certedly inthe matter of moving in the pros: eeution of thelr claims agalnst Harwood & Co.,, and it was not until there had been some pretty SHARP TALK AND PLAIN STATEMENTS that unless they dit act together they might as well drop all legal proceedings, for they would certalnty not secure anything, that the following motlon was adopted: We, the undersigned creditora of tho firm of N. 1B. Harwood & Co, of Minneapolis, Minn. hereby agro to place our dobts in tho hands of G.R Colby, James Taleatt, 1. E, Tuyloc,Gearge 1, Whitman, and 31.2, Dorman, 1 committco appointed forthe purposa of Investigaing the affalrs of satd firm, to take any legat steps they may deem advisable, and to accept such settle- ment ns they, or tho majority of them, advise after investigntion, AS THE CASE NOW BTANDS, the Eastern creditors are to await the result of the Investigation of tho accountants and appralsers sent to Minneapolls. Thelr findings are to be submitted ‘to a committee, who in turn will form such judgments as they deem will conserva tho claims of all,and report with a recom- mendation to elther accept or reject the ten- der of Harwood & Co, to pay 50 cents on the dollar. When this report isto be made fs not known, but it will follow close upon the return of the parties who have been sent to Minneapolis. 1f they consider there are evidences of fraud In the failure, the Com- mittee wlll report against the compromise, and Enstern creditors will act unitedly in prosceuting the claims in court. (2° Proceedings in Court at Minneapolis will be found elsewhere.) TOBACCO FAILURE, ALDEN & CO. Spectat Dispatch to The Chteago Tribune, New Your, Dee, 0.—The tobaccotrade wns startled to-day by tho announcement of the failure of Allen & Vo,, wholesale dealers in tobacco and cigars, ‘The rm lind been es- tablished over fifteen years, had good capital and credit, and transacted an inumense bust- ness, During the day the members of the firnt, Theodore E, Allen and Clarence E. alten, made an assignment, tho preferences amounting to $99,100, Bradstreet's reports give tho following statement of tho condition oftho firm: Linbilitles, $110,435.55; nominal assets, debts, and bills receivable, $175,809.12; stock, machinery, and fixtures, $67,760.59; total assets, $243,575.51, THE ASSIONEE sald to-day that tho firm had ‘overdone the business, and had large accounts outstand- Ing. On Saturday tho Cheinteal Bank had thrdwn out the firm’s checks, although atter- ward every ono was paid, but the news got abroad, and the firm determined that it was better to stop at once rather than sacrifice any of the assets. ‘The actual assets will largely depen on the outstanting accounts, and the amount given, $175,800.12 embraced every kind on the books, The firm clakned a capital of $130,000, . THE BENION PARTNER was regarded as one of the smartest men in the business, ana their sales had run up in two years from $1,000,000 to $2,000,000 per an- num, ‘They were formerly Jarge distributors of goods for various manufacturers, but, a fow yenrs ago, they began to manufacture themselves, and thelr business became too large for their capital, ‘The- otore E, Allen, of Allen & Co, was t partner with Saniucl MeNear, In the firm of S, A. McNear &Co., who carried on the leaf-tobacco business at No, 173 Chain- bers street, and this firm also made an as- algnment, giving. preferences amounting to $7,300, MeNear & Co. were virtually an ad- junct of Allen & Ca., running the leat tobac- co department of tha Intter concern, ‘Thelr Habilities amount to $20,274.88; nominal as- sets, $24,059,51. MAPLESON. A SOCIETY HOTHERING If. Spectat Divateh ta The Chteage Tribune, New York, Dee, 6.—Mapteson, tha opera manager, finds himself in trouble, The So- elety for the Prevention of Cruelty to Chil- dren objects lo his employment of youngsters ‘on the operatic stage, and have given him notice to quit or sulfur the consequances. Ag a result the cholurlé Colonel fs on his car, and his dignity is assaulted. He swears he won't stand it, and Insists that It’s “an out rage, you know," and that they “Don't do things like this at ‘ome, you know.” ‘The Colonel says he brought his littic girls, who appear In Mefstofole” -ant | “Alda” all the way from England, and that they came with thelr parents’ con- sent, and then the Colonel, In bis answer to the letter of the Presidentof the Society, falls back on the one grand refuge,—that the chil- dren are British subjects, and al} supplied with certificates of the London Selwol Board, No docs not proposs tenccede to theSoclety's request, but will seo ‘tho inatter tried in Court, ifneed be, and determine if the So- elety can thus Interfere with a manager's: business, ss, SILVER, COMMENTS oF ‘THK Ties,” Bpectat Dispateh to The Chicago Tribune, New Youk, Vee, .—Speaking of Secre- tary Sherman's suggestion for tho recoinaga of tho silver dollars now on hand, the Times says cdltorially: Wilt fa obvious thut, if tho coluaxe now required ‘by law fs stopped, and the vulua of silver calu {a to be made by luw for thu timo dbelug tho sao as gold, thero will be Uttle dau wer of too great an fesuo.of the colng so long as their rolutive value rumalns steady, but of what uso would bo thia procoss? Aailverdollar which {4 ta bo chungod as tho valuo of silver changes will bu only @ stuusped commodity, and au element of moro or toga confusion ju tho currency. The chunge in tho ratlo of valuo ta gold only makes moro dificult tho attainment of tho wnlyorsal agcoowent fu reaurd to silver, which fs absolutely essential to nny extension to the system of bimetalisin, Tho best thing for Congres to do fa to atop the cpinage of sliver how, and awalt a more favorable timo for tho renewal of oxperiments, if any aro to bo made, TUE ISTIMUS, LOOKING OUT FO! OUI INTERESTS. New York, Dee. 6.—The Special Amerl- ean Conmittes having the Panania Canal subserlption In charge for this country say there Js a clause in thelr contract with the Canal Company according to which they are empowered to represent the interests of the Company in the United States In all that concerns the observance and neutrality of the canal as defined by Art. 6 of the grant of the Republic of Colombia, and this Commit- tee, at the request of De Lesseps, made ita special condition that nll that refers fo the sald e¢lnuse should be strictly observed, and that such terms for the use of the canal should be established as would prevent discrimination against Aimertern shippers, This Committee also provided that all disbursements for con- struction during the pendency of the work onthe canal should be made through them for the benefit of American producers and manufacturers, THE MESSRS, SELIGMAN have recelyed cable advices from Paris re- porting that 1 premium of 25franes Is already bid there for full allotments in the forthcoming subseription for Panama Canal shares, ‘They also say that subscriptions are already coin- ing in here, and they declare that atleast $30,000,000 will be expended in this country for machinery, food, and lavor. THY SUEZ CANAL COMPANY'S BITAREA, which were Issued nt (00 are now selling at 1,450 francs, and thls Company is now @ heavy subscriber to the Panama shares. ‘Twenty-five frances sre paid on subscription and 100 francs In allotment, VIE STEAMERS. MOLE OF THEM OVERDUF, New York, Dec, 6.—The utmost anxiety | is felt in this elty, pirticularly in shipping elreles, concerning tho fain of over a dozen ocean steamers, whieh are from twenty to thirty days behind their schedule time, and their whereabouts are unknown, Among thein are the Cohanian, from Patras, sixteen days; the Volmer, from Antwerp, thirty- two days; Altas, from Kingston, thirty days; Glensonnoxf from Pernambuco, twenty-five days; the Rialto, from Lull, twenty-one days; and the DP, Coantd, from Rotterdam, twenty-one days, Leside these are the Switzerland, St. Laurient, Utopla, Queen, Adriatic, City of New York, and British Emplre, ‘The steamer Bath City, twenty-two days from Bristul, was severely knocked about, and damaged considerably. She passed a large unknown vessel appar ently in’ its death-struggie with the storm. ‘The Bath City was unable to render any as sistance. A TEMPESTUOUS VOYAGE. HOW A STEERAGE PASSENGER FARES IN BAD WEATHER, Speetat Dispatch to The Chicago Tribune, New York, Dec. 6.—One hundred and cighty-two of the 2%} steerage passengers who arrived by the Ville de Marseilles have: signed a formal complaint and presented it to the Commissioners of Eimleration. ‘They alleged that tho drinking water was insuf- fieient; that the food was bad; that bread was not furnished them according to con- tract; that they were given no vexctables us promised; that the women and men were obliged to use the same closet; that the sexes were not separated dey or night; that the steerage was keptin a filthy condition; that some of the compartments, were not fitved with tables; that tea was not given out as provided. in the contract; that some of the sailors got drunk; that no forward lookout was mnintalned on board; and that when they desired to complain tothe Captain they wera a of FONCIULY PREVENTED Frost APEROACHTNG The At the investigation held by Commissioners Ulrich and Hauselt, M. de Beblan, agent of the line, handed ina paper signed by sixty- four steerage passengers, expressing satls- faction at tho treatment they hind recelyed. Capt..Camilie Nouvellon, being sworn, de- posed that twica 2 day the steernge pas- sengers were given all the water they want- ed. On ono occasion 8 maggoty biscuit was shown him, and he {Immediately ordered o fresh supply to be distributed after testing them himself. Fresh bread was furnislied throughout the yoyage, except on two days, when the weather was so bad that It was im- possible to bake, and during that interval fresh beefsteak was given to the women and warm milk to tho children. The steerage passengers got’ nll the potatoes and beans de- sired, aud also other vegetables, until TUR SEA SMASHED IN THE SPECIAL com PARTMENTS in whieh tho latter were kept and destroyed them. ‘There were ainplo closets, but the sea broke into the women's and temporarily ren- dered {it unfit for use. Separate sleeping compartments wero provided for women. One woman’s conduct was complained of to the witness, and he informed her that if sho did not behave herself ho would lock her up. Half of the crew cleaned out the steerage every day from 8 to 11a.m.. The ecompart- ments were nll fitted with tables originally, ‘The passengers broke some of them, and the ship's carpenter repaired thom, but they were broken again, -‘The custom was to deal out coffee, but all who destred tea Instead had It elven them. ‘Che witness visited the stecr- ugo personally five or six times a day, and tho purser had orders to report its condition to him whenever any necessity arose, Some of tho sailors did get drunk on Nquor furnished by the steerage passen- gers, ‘The witness put the baker In irons for this offense, and paid two immigrants to bake bread for thelr fellows durtuy his Incarcera~ tion, ‘Tho nssertion that there was no forward lookout was ridiculous, as was the charge that the steerage passengers had been dented access to the witness. Ho was obliged to pass through themat allhours, ‘There never was a thas when there was not twenty or thirty of them lounging around his cabin door. In conclusion, Cant. Nouvellon sald he had never before experienced such rough weather, A statement from the boarding of- fleer to the effect that ho found the vessel In good condition, aud that there had not been wense of stekuess of any kind on board dure {ug the whale voyage, was put lu evidence. Tho Commissioners reserved thelr decision. CONTAGIOUS DISEASE, : LAST WEEK: Epectat Disvateh to The Chicago Tribune, New Yous, Dec, §,—Last week the follow- ing cases of contagious diseases were report- od at sanitary headquarters: Typhoid fever, 10; scarlet fever, 130; cerebro-splual menine gilts, 3; measles, 23; diphtheria, 143; and small-pox, 10, ‘There were 60 deaths from diphtterla, ‘Tho. record of tho progress of diphtheria fur several weeks fs os follows; Cases, Deatls,! Canes, Deatie. Be BAINOVs STore 00 ‘3 ie fai] Doo “4.s00. 10 B32 +, From Jan t-to Dee, 4, 3660, 27 casea ‘of small-pox were reported, ELECTRIO LIGITS. LITIGATION, Kocctat Dlapatea to The Chicago Tribune, _ New Yous, Dee, .—An_ action has been Dexun In the United States Cireult Court whieh, it fs asserted, Is but the begluning of an extendud chaln of Htigations in regard to olectric-lighting process. ‘The plalntiffs are Charles F. Brush and tho Brush Electric Company, of Clovelund, Q. and the de fendants Condit, Harmon & Van Winkle, of thiselty, Brush clahins (o be the orighnul inventor and putentes of an improvement hy metal-plated' carbons for electrical iMurninat- ing points, sdys that the defendants aro in- fringing on bis rights, and asks that they be restrained from further infringement and compelled to necount for profits realized. The carbon points are coveretl with a blush, or plating, of copper, and itis said that this plating overcomes the resistance of the car- bon to the passage of the electric current. ‘The defendants ara agents of the Weston Electric Lighting Coinpany, of Newark, N. J, and they claim that all of the electric lighting compantes use the copper-ptated carbons, and that the method is common Property, A DESPERATE ENCUUNTEI, Speetal Diepatch to The Chicago Tribune. New Yonk, Dee. 6&—Henry Winant, of Richinond Vatley, §. I.. one night recently heard astrango noise in the cellar of his house. Procuring 0 lamp, he started to learn the cause, On reaching the bottom of the cellar stairs he discovered a targe eat, with glaring eyes. The animal attacked Mr. Wi- nant with {ts teeth and ciaws, and In the struggle the Iamp-chimney was broken and the light extinguished. Finally ir. Winant got hold of a bar of iron, with which he dis- patched the ferocious aniinal. In the struge gle he received severe serntches and his clothing was torn, ‘The animal had wnusn- ally large eyes, and welghed twenty-threa pounds, For months it was seen running about the woods near Mr. Winant’s house, and never failed to attack a human belng when opportunity offered, GOTITAM ITEMS, «PHIL? ASKING FOR TRIAL. ‘Speetal Dispatch to The Chicago Tribune, New Yons, Dee, 6.—Counsel for Kenward Philp, indicted for erlminally libeling Presi- dent-elect Garfield, nade application In the Court of General Sessions to-day to have his client's case tried either to-morrow or Weduesday, The District Attorney ob- Jected. The Recorder {nformed Philp's coutsel that he could renew the motion toe- morrow, IMPORTANT SCHIME. Articles of Incorporation of the Queen O81 Company, which Is snid to bea rival to the Standard Of] Company, have been filed in the County Clerk’s office of Liudson County, N. J. Tho Ineorporators are James KR. Keene, John Pitealrn, Josinh Lombard, Pascal L, Taylor, David M. Kelsey, Jestah G. Benton, and Alanson A. Sumner. ‘The capital stock {s $250,000, TUE OD auann, Prestdent Hayes and his Cabinet, Gov. Cor- neli and his staff, and a number of dlstin- guished military gentlemen have been In- vited to attend the ball of the Old Guard, which will be given in January at the Acad- emy of Music. ADVANCEMENT OF SCIENCE, ‘The first lecture of this winter’s course be- fore the New York Association for the Ad- yanceiment of Science and Art will be given to-morrow evening by William C, Prime in the Brick Presbyterian Church, Fifth avenue and Thirty-seventh street. GEN. GRANT will visit Paterson Saturday next under the auspices of the Board of ‘Trade, and will be entertained by the Hon. ‘Thomas Barbour, + “THE END.” Mr. John F. Cowan, a well-known writer for weekly story papers, died Saturday in Christ’s Hospital, Jersey City. He lindbeen sick about two weeks With pnenmonia. Ie was @ native of Toronto, Can, and about 46 years of age. Ho leaves a widow and four children, THE SHEPHEND’s FOLD. Charles Cowley, a lawyer of Lowell, Mass. brother of the Rev. Edward Cowley, of “ Shepherd's Fold” notoriety, who was con- yicted In the General Sessions Court of cru- elly treating the ttle children. under his charge, visited the District-Attorney’s office Saturday and requested that the case of “the shepherd,” which had been carried ta the Court of Appeals, be placed on the cal- endar at the earliest posstble moment. As- sistant-Disirict-Attorney Lyon promised to attend to the matter to-day, A petition to remit the fine of $250 imposed on Mr. Cowley in addition to x ‘year’s Imprisonment lins been presented to.Gov, Cornell. TRACK GRAIN, Recetvers of grain contracted for previous to the passage of the recent rule creating off}- cial track welghers aud mensurers ef grain having complalned that the enforcement of tho rule would prove a hardship to them, the Grain Committee of the Pruduce Exchange wrote to the railroad companies asking them to temporarily allow track grain to be emid> ed subject to the usual storage and ligh o- age churges of “not graded grain” The New York Central Company has answered, stating Its rendiness to comply, and adding. that if subsequently ordered out of stote to deliver on track there will beno fighterage on this graln, TEMPERANCE. The New York State temperance societics are holding a Congress In Cooper Union this week. ‘The proceedings to-night were In the nature of 9 reception to Gov. J. P. St. John, of Kansas. ‘The Key. Dr. J. P. Newman pre- sided, and addresses were delivered by the Rey, Drs. T. L. Cuyler, J. O, Peck (formerly of Centenary Chureh in Chicago), Peter Stry- ker, and the guest of the event, WILLIAM A. PUND & Co, Two sults werg begun In the United States District Court in May lust by Frank A. Brown against Willinm A. Pond & Co. to re- cover penalties for violation of tho'copyright laws, In one netion “the sum of $30,C00 and Jn the other $2,600 was claimed, Yesterday Judge Chonte rendered decisions dismissing and setting aside the sunmmonses in both enses for informality, in that the Indorsc- ments did not sufticlently or properly inform the defendants as to the statute by which the right of actlon was given. A DANING HOnMERY, Jo the Western Anoctated Press, New Your, Dee. &—Edward Wiking, a Custom-House official, was carried bodily from Clinton place into an alley near Sixth avenue last night by four young min, who robbed him and left him unconscious, TO RE WANGED, August D, Leighton, convicted of killing Mary. Dean, will be hanged tho 28th of January, VERMONT LEGISLATURE. Montretizit, Vt, Deo. &,—The Nuisanco bill, one of the most stringent Mquor problbitory bills ovcr passed in this Btate, passed both Dravbes of the Legisiature, ‘fbls bill makes any place of resort where Nquor is sold or given tiway, or where gambling is allowed, a nuisance. und the place fa shut np, the keeper being hued from $0 to $200 and imprisoned. for threo montos, Tho House passod a joint resolution express- ing sutlafuction with Hresklent Huyos' offorta to enforce the provisions af the Clvii-Sorvico Re form luw, und urging Vormont moembersof Oon- gress totirge their intusnce for all nue dful provisions for the progwcution of Cly t-Bervice Reforw by tho Prosident —_—$———_— TELEGRAPHIC NOTES, Cincinnati, Dov. 6.—Tho National. Directory of tho Anciont Order of Miberniang tg now in aeasion in thia olty, The following momburs aro present; Matthew Curran, of Kentucky; B. , MoNella, Indiana; Patrick McGinnis, Conuectl- cut; dubn Hagert, Ohio; Peter Kicroan, Loulsl- ave. The session will continus two or threo days, < Lawuznor, Kus., Deo, 0,—The statement mmadu in a dispatch’ from bore Eaturduy niuhe that thu Westera Farm Moriguye Company h d Drought sult ugalnet J. GB. Watkins waa ico rect, No sults baye beon commencud. a PROHIBITION VS. LICENSE, Apscial Dispateh to The CAtcugo Tribune, PLANO, Il, Doc. 6.-Au oxelting and closely contested muntoipal election occurred beru th day. License and temperance were tho issues. A hard. fight waa magu by both sides, resulting RADWAWS READY RELIEF. RADWAY’S DR. SARSAPARILITAN RESOLVENT, THE GREAT BLOOD PURIFIER, Changes as Scen and Felt, as they Daily Occlir, Aft- er Using a Few Doses. 1, Good split disappearance of weakn: fanguor, molanctoly, increaso and hardincas flesh and muscles, ete, 2. Strength ine: eS, appetite improres, rele {sh for food, io moro sour cructations af water bi good digestion, eatm and undisturbed awaken fresh and vigorous. Heap poaranios of spots, blotches, pimples} looks clear and hoatthy; the urine changed front ite turbid and cloudy appearance toncleur cherry or amber colors water passes freely from the bledder through the urcthra without pnin or sculdings little or no sediments no DAIN or weakness, . 4. Marked dlininution of quantity and fro- quency of involuntary, wenkonipg dlechargce AC uficted in that way), with certainty of pore manent entre, Increased ‘strength exhibited 1a the secreting glands, and function harmony re- stored to the several organs, &. Yellow tinge on tho whito of tho eyes, and the swarthy, siffron appearance of: tho ‘sida changed tod clenr, lively, and honlthy color, 6, Those suffering from weak or ulcernted lungs or tubercles will reallze great benefit ia . expeetoratiny freely the tough phlegm or mucus from the lungs, alr cella, bronehi or windpi throat or head? dhininishing the frequency o: coughs general tnerease of Ktreagth throughout tho system; stoppnge of night-swente and pains and woakness ground tho ankles Ty eolings ol fers, shoulders, eter cesantion of cold. aa chills, senso of suffocation, turd breathin: puroxysm of cough on lying down or arising in the morning, All these distros ing symptoms rruaually and surely disappear. 7 AB aay after day the BRSAPARILLIAN ia taken new signs of returning health will appeart na the blood improves in party, and stroggts disense will dimatolsh, and all foreign and {pure deposits, nodes. tumors. cancers, bard lumps ete, be resolved awny.and the tingound nade round and healthy: ulcers, fever sores, chroni¢ skin disenses, graduatly disanpenc. 8. In enaes where the eyaten has been salle vated, and Meroury, Quicksilver, Corrosive Subs Hmate buve neenmitated and becume deposited in the bones, Julnis, etc. causing earles of the sones, rieke inal curvatures, cuntortions, white awe arlcose velng, etc, tho SAlte SAPARIL vill resolve away theso deposits and exterininate tho virus of tho disesso fro1 the system. 16, Te those who ure taking these medicines for Ret Fatunes or Byphilitia tha cure of Chronic, isenava, however sluw muy be the cure, © feck better” and find thelr general health improving, thelr tlesh and weight increasing, or even keep fug tts own, it fan sure sign that the cure is prov ng. Inthese dierases the patent elther bettor or worse,—tho virun of the disonse ig not Inactive; 1€ sot arrested and driven fron tho blood, ic will spread and continue to under mine the constitution, As soon as the BARSAs PARILLIAN tnakes the patient ‘feel better,” every hour you will grow better and Increnso {a health, strength, and tlesh, ‘The erent power of this remedy ts in discascd that threaten death, as in CONSUMPTION of tho Lungs and ‘Tuberculous Phthisis, Scrofue Iu-Syphilold Diseases, Wasting, Dewenerntion, and Ulceration of the Kidneys, Diabetes. Stop- puge of Water (natantancous rellef afforde where catheters baye been used, this doing away with the patnful operation of using thesa inutrumenta), dissolving Stone in tho Bladder, and in all cases of Inflammation of the Blad= der and Kidneys. In chronic cases of Leucorrheen and Uterior diseases. ‘ One buttlo contains more of the activa princk plea of Medicines thin apy other Preparations Taken in Ten«poonful loses, while othors require five or six times us much. ONY, DOLLA PER BOTTLE. Te. . RADWAY’S READY RELIEF CONES AND PREVENTS Dyevatery, Diarrhes, Chotera Morbus, Fever and Agnes Mncuwstlam, Neuentela, Dipb- theria, Influenza, © ‘Throat, Difficult Nreuthing. Bowe: Complaints, Loceeners, Diarrhes, Cholera Murbas ur patn{al dise charges from the bowals, are stepped in ls of 20 mine ates by taking Mndwaoy's Ready Kellef, No songese Gon of indumnntion, uo weakness of iassttudo, will follow tho une of the It, 1. Kultes, Tr WAS THE FIRST AND 185: THE ONLY PAIN REMEDY that Instantly stops the most excruciating pains, alluys Intlammations, and cures Congestions, Whethor of the Lune, Stomuch, Nowele, “of other glands or organs, by one application TET OSE TO TWENTC MINUTES, No matter how violent or wxcructatlog pain the Mbuemutic, Hed-ridden, Intra, Crippled, Nerv. ous, Neuralyio, or prostrated with dlseaso may. suffer, RADWAY'S READY RELLEF will afford Anatantenso, 3 INFLANMATION OF THE KIDNEYS, INFLAMMATION OF THE BLADDER, INFLAMMATION OF THE HOWEIS, SORE THROAT, DIF ' OF ‘THE LUNGS, ‘t BREATHING. nystenic ABE Mean eR ES eee CAVARKH. INBLUENZ. HEADACHE, TOOTHACHE, | " COLD CHILLS, AGUE CHILLS, CHILBLAINS, AND FROST BLTES. ‘The application uf the Ready, Hellef to the part or party where the pain of dificulty exis will afford ease and comfort. Thirty to sixty drops in balf a tumbler of water will in au few minutes cure Crawps, Bpraing, Sour Stomach, Heartburn, Sick Heud~ ache, Diarrhea, Dysetitery, Colle, Wind in the Howels, and all Internal Patus, : Travelers should always carry # bottle ot Rad~ wuy'a Rowdy sellef with them. A fow drops ip water will prevent sickiuss or pains from chaoge of water, 101s better than Fronch Brandy or Bitters a tiimulant, FEVER and AGUE PEVER AND AGUK ourod for fifty cents, There is vot w remed(al agent ta this world thay will cure Fever and Ague and all other Malari- ous, Jilious, Seariet, 1 iy pheld ‘oliow, and otha as RADWAY' ELIF. FIFTY CEN'TS PER BOTTLE, HRADWAY'S : ture, Dots or Wobs before the sight, Fever Dall Pain ! in the elcetion of no less than three tewpermuce | men against two Hounse, by mujorities ranginuy from one to tive. CN. Luwaun, N. 2. Greer, Dr. Lord, 1. J. Heubo, and W, S. Honning canst © tute the Hoard of ‘Trustees. Hector iacop Wie unanimously cloctod Police Maygistyaty, ? of Dr. Radway’s old established K, R, . Keure- | aut Regulating Pills! fERFECT PURGATIVES, SOOTHING APERE ENTS, ACL WITHOUT PAIN, ALWAYS RELIABLE, AND NATURAL IN THEM! OPERATION, A Vegetable Substitite for Calomel, Perfectly tasteloss, elegantly coated wi! Swoet gunl, purge, regutate, purity. cleans, ant Strengthen, Itudway's P 9 cure of all disorders of tie Stomach, Liver, Bowels, Kid~ Beys, Bladder, Nervous Diseases, Headache, Can- Stipalion, Costiveness, Indigestion, Drspepaia, Billousness, Fover, Infammution of the Bowola, Piles, and all deraggoments of the Internal Vie- cera. Warranted to effect & positive cure, Purvly vegetable, vontatulng no mercury, mine eral, br deleverlous druses. ‘Observe the following symptoms resulting trom Disorders of the Digestive Dien ‘Constipation, Inward Piles, Fullness of the Blood in the ‘Head, Actdity of the Stomach, Nausoa, Nourtburny Disguat of Food, Fullness of wulght In the Stomach, Bi Blnkings or Fiutterluge in the Pitot the Btom- ach, Switmning of tho Head, ad cult Hireathing, Flutturiog of the Heart, Choking Or BuMfocatiug’ Sousations when (a « fying pos: in the Hend, Deticleacy of Persplra- tion, yellowness of the Skin and Eyes, Palo in the ‘sido, Chest, Limbs, and sudden Flushes of Heat, Burning in tho Fiesty, fow doves uf Hadway's Pills will froo the system trom ull tho above-named disorders, PRICE 25 CENTS PEK BOX, » SULD BY DRUGGISTS, Read “FALSE AND TRUE.” Send a letter stump to IAD WAY & 00, BO, ih WARHEN-BT. COR. CHURCH-ST., New ‘ORK. $47" luformation worth thousands will |be sent " ‘TO THE PUBLIC: ‘Tnore can be no better guarantee ot the value ‘dies than the base und worthless hnltativne of them. Aasthoru are Valve Hesolvents, Reliote, | aad Fale be sure and usk for Kadway's, and weg | 9 Lang “Badway” eon MUN ZOU NN, +