Chicago Daily Tribune Newspaper, November 1, 1881, Page 2

r4 Was seen speculating in the street, and L be- Have, though I cannot prove It, that that ts THE REAL ARCHED of this enormous defatcation. Baldwin has fallen, as inany a man before him hos fallen, Nrst by obliging bis friends with other pe ple’s money, and thon by trying {6 coyer up his erime by speculation. 1 was sa astounded inst night that Leould hardly be- Jieve my own ayes ‘and ears. J hind known Baldwin from his boyhood np, wud Lhad the most inpllelt confidence tn hh, as dtd all the Directors and the eltizens of Newark, and when L owas confronted with the cinfession of his erlme, 1 was ‘almost stupefied. After hearing his confession, the board dechted to call hts counsel and go straight to the Government with the facts, so that the Bonrd of Directors might bo held gulltless, We called In EXSENATOR F. T. FRELINGUUYSEN and told him the condition of affairs, and ho advised us to npply for a Recelver.at onee. We then passed 2 resolution to appotnt a committee of two to .zo ta Wash- ington, sec Controllor Knox, ant act under his directions. The Ion, George O, Ilalsey and Henry ‘Howell Were appointed on this contnittec, and they started for Washington at 10:10 Inst night, ‘Thoy wero to telegraph the result of their Interview with the Controller, but we have not heard from them yet. We supposed that Mr. Knox would appoint a Recelver, and we instructed the comnilitee, If he decided on that course, to sngeest the appolutment either of ex-Sherif E. N, Miller or Mn. Cy Emory, A committee wag then appolitted, consisting of Stephen H. Condict and James F, Bond, to see Counselor John ©. Emory bee take lils advice In regard to the advisabil- 'y of . ANRESTING BALDWIN, ‘They went to Mr, Emory's house at 11 p.m, andcatted Lim outof bed. He advised the immediate - arrest of Baldwin, At 3 o'clock this morning Mr. Pond saw A. Q. Kensby, the United States Dis- tnet-Attorney and told, hint all the fpcts, Afildavits wero made by Mr, Keasby, and the United States Commisstoner Issued nwarrant forthe arrest of Baldwin, The warrant was served at 7 o’clock this morn- ing, while Baldwin was In bed. HE SHOWED No SURPRISE, anil was evidently oxpecting the arrest. He said that he would not give bail, and that he was content to pass his Ife in prison, ‘1 shall never bo seen on Broad street again,’ heexelatmed, Ho Was placed in charge of Jlenry M. Burnett, Deputy United States Marshal, and allowed torremain in his own louse." “Wns any proposition male at the meet- ing last night to make good the deftcleney 2”? ‘© A proposition was matte, but the amount was so Inrge that It was Impossible, Jind It been any reasonable sum, the money would have been pledged on. the spot and. paid in at the bank today, and nobody but the bank’s officers would ever have known of the defaleation, Mr, George ©. Halsey, before Baldwin mace his fatse statement, said: “If $600,000 will cover this deficiency I will supply the money.” “If a million dollars will cover it,” said Mr. Clark, “we will raise the money before we leave this room.” “Gentlemen,” sald Baldwin, “the bank is Tuned, TWO MILLION DOLLARS WILL NOT SAVE Tr. “OF course, this statement putan end to all ideas of making good tho deficit, and the one only plan was to close the bank and turn It over to the Examiner this morning, which we did.” “HOW WAS IT PossInLE,”? asked the reporter, “for Baldwin to falsify his books and reports for so long a time without being discovered by tho officers ?? “Tn the first place, we had the most Im- plleif confidence in Mr. Baldwin. fe had grown up with the bank, and was honred and trusted by all the officers, as well as the community at large here. Ie did not live extravagantly, and there was absolutely nothing to create a suspicion against lim In. our minds. In the second place, he did not take the funds kept on deposit of the bank here. He operated en- tirely on our balances In New York, For anany years the Mechanics’ National Bank of New York has been our bank of deposit in that city, and we had onan average from $1,500,000 to $2,000,000 on deposit there, upon which we could draw at any time, ‘That inoney has all been absorbed by the defalea- tlon of Baldwin, and at our meeting Inst. night WE READ US A LETTER from our New York correspondents, In which he was callel upon to ninke good an overdraft of $100,000 which he had made. He used our balance in New York for his own purposes, and made false bal- anees in our books to deceive us for twelve years, It is not probable he could have taken this enornious: sum ‘from the vaults of the bank without belug detected, Itt being trusted go implicitly, he was able to manipulate our funds In Now York with- out attracting suspicion,” ‘The gentleman went on to say thet the bank recelved regular reports from New York of tho balance to its credit here, but they went to the Cashier and é UE FALSIFIED THEM IN 11S REPONTS tothe Directors, ‘The bank has been ex- amined once a year and the defaleation never dlscovered, The Directors never tovk tho trouble to write to New York and see if the agcounts were all right. It Is impossible, he says, to Gyen estimate the amount which will be saved to depositors, and on this sub- ject he added: “Lutderstand that there is nbout $500,000 in the bank vaults, The stockholders are responsible for the amount of the stock which they hold, which {3 $800,000 anore, oo naking oa omillion jn all How much more. will be realized Tenn'ssay, It's very doubtful yet whother the full amount of the defalcation Is known, Jt may be considerably more than $2,000,000, ‘This crash bs Fs LIKELY TO NUIN A GREAT MANY PEOPLE, Tho Ialsey family alone owned $125,000 of the stock, and this represents a loss to them of a quarter of n° million, The money of many large firms is locked up in tho bank, and, what ts still sndder, ‘Tho little fortunes of many small mantifact- turers ara involved In the suspension, I am ifratd several failures in Newark will be the yesult of Baldwin's ertme, It Is sopurted that he took $100,000 from the, vaults of the bank and nade good his overdraft In tho Mo- chantes’ Natioual of New York Inst Satur. lay, but whether this is true or not I eanuot sy. i ‘The morocco manufactory of ©. Nugent& Co. In Newark fs in Halsey streot, near Mars Tivt, and the flr has a hirge store at No, 183 Willan street, In this elty. - Christopher Nugent, the head of the firm, before his ar Test Jast night was reported to be K 5 SICK IN BED, und the Lines reporter who called could not seo hiin, Ws brother, James Sf, Nugent, was found at the faetoyy, but he was very honcummital when ‘questioned In res kard to the dealin of the house with the Mechantes? National Bank, He Salil, howover, that it was absurd to sitppose thatthe firm of G.° Nugent & Ca, had ab- sovneil $2,009,000 af- the. bank’s munvy. . He ‘isabat thatthe house was on the verge of loniroptey, and sali that they were doing a Janse and pitylig business, Mr, Kirkpatriok, tue parhast of Fredurlek A. ‘Teese, the cotine riot Niwwront & Co, adinitted, loyever, ‘Pevsa Lait bean In eonsuttation (Nugent in regard to sostieiguuill y af anaking an aysignment, sos dd that no deeiston had been 1 he Dustiess of the. firm {3 sald to ton 0*),000 a year, ‘They cine ploy 000 men. ainomnts to $4,900, THE MECHANICS NATIONAT, UANK was chartered ag a State Yank In 1531, and became a Natlonal baie tn 1805, It was used. by the City of Newark, the County of Essex, and nearly all the targe corporations of New- ark as‘a place of deposit for thelr’ funds, and the weekly pay-roll while many of the smaller banks tised [tas a clenring-house, IT WAS IMPOSSINTE TO DISCOVER ALT. who wero involved by the failure, and the heavy depositors, when ealted won, all dene that they were embariassed by the suspension,» [¢ waa reported that the Leiees- ter Brothers, proprietors of the Fertilizing Works, had falled, but tho report was dented atthelr factory, Tha firm had quite a large sui on depostt in tho bank, but ia not, it Is elated, at all. embarrassed. Ballentine & Sons and Gottfrlod Krueger, the brewers, were also heavy depositors, — ‘The Clty of Newark had $34,009 In the bank. ‘The Water Board had $137,000 fo thelr cred{t, und the slnking-fund account had about $9,000 to pay conpons whieh fell due tomorrow, ‘Thy County of Essex lind on deposit. about 895,000 10 meet the payment of the free bridge bonds tamorrow, and THE MUTIAL LIFE-INSURANCE COMPANY OF NEWAIC has at times had ns much as $500,000 depos- Hed in the bank, but Mv. MeMott. the President, say's that he withdrew: $63,000 on Friday, and lits deposited no money In the bank since, The German State Banking Company, a savings Institution, used the Mechnntes’ National asa clearing house. Jullus Stoppf, the Cashler, snid that all the money now on deposit belonging to the company Is between $0,000 and $7,000. It He bellavedd that tomorrow several faltures wilt occur In Newark on account of tho suspension, Oscar 1, Balde win, the defaulting Cnshler,. -is 45 years of age, and was one of the best known and most respected men tu Newark, lle is a vestryman of Trinity Church, and has always been looked upon_asa made of uprightuess and ovnsiness Integrity. As a financier he was * lovked upon as having no equal in the Stato of New Jersey, and his opiniéns on finance were regarded as oracles by the ay- erage Jersoyiman. Ilo entered the bank when {It wasn State Institution, twenty-nine years ago, as a boy, and worked his way up through clerkships until he became paying teller, After the death of Matthins W. Day, the Cashier, in 1862, Baldwin was nade Cashier and has served in that ca- pacity ever since, He recelved asalary of $7,500, nnd had apparently always ltved with- In his means, He resided ina brownstone house, but that fs believed to have been pur- chased by money of nis wife, who brought iim $30,000 on her marriage, UE MOVED IN ‘THE IWGIKST CIRCLES of Newark society, and besides his connee- tton with the bank was a Director of the Newark Clty Ice Company, tho Mutual Benetit Life-Insurance Company of Newark, the Newark Gas-Light Company, and the Mt. Pleasant Cemetery, and Vice-Presi- dent and Trensurer of the Merchnnts’ In- surance Company of Newark, He has ason and daughter who, with his wife, are highly esteemed In Newark. His bondsmen as Cashler were Phinens Jones, Congress- inan elect, and Matthias M, Dodge, of Enst Orange, the bond belng for $20,000, He was admitted to ball by Commisstoner Kensby tn the sum of $25,000, Wiliam “A. Freeman, William “I, Batdwin, and Matthias Dodd justifying a3 his bondsmen, THE CONFESSION. IT 18 BELIEVED TO NE LARGELY A LIE. Spectal Dispatch to The ChMcuco Tribune, New York, Oct. 91.—A Newark special to the Times says Baldwin's statement is as follows: I have heen Cashler of . tho Mechanics’ Nationat Bank of Nowark, N. Jy ror about eighteen yenrs, or since Sta organization ns a Natfonal bank. 1 called upon the Directors yesterday to make a statement of tho condition of tho bank, and my own connec+ tion, I stated that thore was a largu de- ficiency in the funda of the bank, amount. ing to over $2,000,000... They had not had any Intiniation ‘of the deficlency bofora that time. No other persen in the bank, to my knowledge, had any information and knowledge concerulng tho duficlency, The daficiency be- gun, 1 think, In 287, in loans mado to Nuuont & Co., morocco manufacturers, in Newark, They kept an account iu tho bank. These loans were mado frregularly by ine for Nugont & Co. That a, thoy were made withont taking proper security, and hav- {or once boy n to bo made In that way, Nugent & Co, FELT ME TO BE IN THEIR POWER, and incrensod their demands, and from that timo onward, from month to month, the fonns mado in this Irregular manner by me to Nugent & Co. have constantly tnoronsed. They would amount to $0,000 a month sometimes, sometimes to more, Thelr business was yory argo, and: wus largcly extended, Thoy Bpont a largv amount of money sn bulldings and machinery, and were constantly In noed of monoy.> Mr. Nugent has always assured mo that ho had enough monoy to pay bis debts, ond that avery dollar ho borrowed from me. would be paid, 1 felt that I COULD NOT RECRDE FROM MY POSITION ‘with him without ruim and exposure, and go con- stantly complied. T told hin from time to timo that thls was the bank's monoy, and that it must be returned, and ho promised always that when- ever I insisted ho would turn over everthing to tho bank, jn order to make tho lounge good, But tho doticits, nevertheless, kept cou- atantly Increasing, until they reched at frat $1,000,000, than $1,500,000, and finally have reached over $2,000,001. He drew out of the Yank sometimes a3 high as over $200,000 In uo month, Infact, his drafts during tho presont Month of October amounted to over $200,000. ‘Tho usual manner In which the monoy has been taken hua been for Nugent to deposit drafts on different parties tu Now York, and for me to fucnlab him the money and either to ‘take thom up in Now York, which advances wero notentered onthe books of the bunk, or to make a deficiency on the booke of the Me- chanics’ Bank, IT WAS PERFECTLY UNDERSTOOD by Mr. Nuwent that bo was obtaining monoy of the bank for bis own purposes without giving Gny security, and by Irregutur methada on my: part, Ife was perfectly weil aware that this wae foreod latin and that he had bia: hand on my throat, On the uth duy of September, that olny the day of Gariotl’s funeral, Thad 4 long Interview wiih Mr, Nugent, and told niin the indebtedness then umounted to over $2,000,000, and that) =f oprapoged to atup—that [ could not carry this thing on any longer, He Uion-said he bad property cuoust topay every doltur that fe awed, und inure too; that ho hat fntehed etock in bls fuotory worth $100,000 nr 8400), and tamuch more whieh hy could finish within a Month that wad in prowres4s of theatstetn No sald ho could give mo S00 within the woke, Aftor some titk, In whieh, 1 queatloneed big abliity ta do os mich as tut, ho opledwed = bimnsele tn give mu SWOt00 sald that ho would reduce bts Ine debtoducas at lenst $200,000, and Hat he could reduce it from that time on very enpidly, as he had. very Hitle to pay outside, and vory largo stock, Thon I anid: »Ailright, [ will try it for throes weeks longers? Mey Nugent then told me what amount be had to pay dupe ing the next inonth, During tho, past woanth ho boa not given mo over #1000, and the payments which hud 49° be nade | for him were wt lenst twice the amount whieh. bo stated n month ayo, These Joann were overs ratte, and known to be such by Mr Nugent. ‘The account was made youd by these manipulge Hons from time to tha, £ TUE HOOKK WERE FIXED to cover the overdrafts on the ledger In blu ao- counts, Ho would mako drafts on frlonds in New York and givo thom to me, which drafts 1 would take care of by checks on the techan- tes’ Natioual Hank of New York, which wero not entered on our books, und our books show $2,000,000 to our eredit intho Mechanics’ Bank of Newark, whereay wo owe thom, I can any that almost the ontire losses and de- Qelenucs existing in our bank are ta be ascribed to tho loans made to Christophor THE CHICAGO TRIBU TUESDAY, NOVEMBER 1, Nugei is havo detailed. T have not, and novor had, any interest (n tho business of Christopher Nugent. Tnever derived any profit trom the Joans mado tu him. Oscar L. Youna. Nugent refuses to make an assignment to the bank, WALL STREET. OREATLY SHOCKED, Speetal Dispatch to The Chicago Tribune, New York, Oct, $1.—Wall street bunkers were naturally greatly shocked at the reva- Jatlons concerning the failure, and few could belleve the statement as to its magnitude Many declared that the Cashier of nu National bank could have managed, however shrewd his mantpuinttons, to possess hlinself of so greata sum ns that named, Manager Will- lam A, Camp, of the Bank Clearing-House, Was ninong those who discredited te report, “1 don’t see how It could have been pos- alble,”? he sald,” for any bank oflicers to huve tuken such an enormous stim ns 32,000,000, and Loam free to say that £ belleve the rumors thit reach us are tot only unofficial, butare gross exaggerations.” One authorl- ty averred that Mr. Batdwin was recently In- | vited to accept the Presidency of a prominent banktng institution {tn this city, a flattering pectiniary inducement being tendered hin, Jt was elsewhere sald that lio had also REFUSED A ‘TEMPTING OFFER to Join a Wall street firm. Mr. Batdwin came to the city twice a week regularly, and was on stich occasions always to be found In “tho street,” inaking his headquarters in a broker's’ oflee, ‘The ocension of these visits to Wall street was os tensibly in the | Interest of — the Newark bank, nnd tt was not generally sup- posed that he speculated In storks; but when today’s news enme many innatters not before considered worthy were given much weight, Many clreum- stunces were remembered which at thetime of their appearances wero deemed tieaningless, and as they recurred and were discussed the conviction grew that the New- ark Cashier had not wholly revealed himself; that his seml-weekly trips to the neighbor- huod of the New York Exchange were SIGNIFICANT. As late ns last Saturday Mr, Baldwin was In New York, He moved actively through Wall street, visiting the offices of wnumber of well-known brokers, ‘Tho recollection of this fet today was the basis for many stories which were in clreniation throughout the day, sume golng so far as to name uperators through whom the Cashier lind speculated heavily, even pointing to stocks npon which he had placed and lost the money of his bank. Few doubtea the rumors of heavy speculations in whieh the Mechanica’ funds had been used by Mr. Baldwin, THE CRASH. , HOW IT HAPPENED, Newank,,N. J., Oct. 81—The following appeared on the doors of the Mechaules’ Na- tional Bank this inorning: ‘Closed in con- sequence of statements affecting the bank made by the Cashier to the Board of Direet- ors yesterday, which are now undergolng in- vestigation.” ‘The bank was regarded os the strongest In Newark, Stock stood 180, ‘The announcement that the bank had suspended flew Hike wildfire, and the exeltement among tha depositors !s Intense, ‘The amount of shortage is reported to be from $200,000 to $250,000, The President 1s Joseph A, Halsey; Cashier, Oscar LL. Baldwin. The State Bank Exnwniner came to the city Friday, examined the State Bank, and announced his intention to ex- amine the Mechunlcs’ today. When Bald- win learned of this he fs sald to have calleda, inecting of the Board of Directors yesterday and announced to thom that the bauk conld not stand an examination. The Directors offered to make up $500,000, but were in- forined that $2,000,000 would not cover the deficlency, The amount of one firtn’s obligations is stated at $700,000, The City of Newark will bea loser, the Aqueduct Board having been a depositor to tho extent of $120,000, and the City ‘Treasurer to the amount of $135,000, It is not definitly known what disposition has been made of the lost funds. : eBaldwin, the Cashier, was arrested by Deputy United States Marshal Burnet. Ie was in bed, where ho still Mes, completely prostrated. Ife 1s sald to have confessed at aieeting of tho Directors yesterday that he hind been robbing tho dant from time to thme during the past threa years, and It Is stated that during that time he had been speculating i Wall street. Distriet-Attor- ney Keasley says tho books here show the Mechanics’ National Bonk of New York owes the broken bank $00,000, wherens he says the real amount, as the Government and. bunk authorities believe, is only about $200,- 000, the differenco having been used by Baldwin to cover uphisdeticlency, Baldwin, in his confession, exonerates all the others but himself from blame, ‘The arrest was made on the aflidavit of Keasley and Director Bond. MI BENJAMIN DB, SHERMAN, President of the Mechanics’ National Bank of this clty, through which the broken bank of Newark did its New York business, discussing the fallure with a reporter, made the following statement: “We owe them nothing, They owe ns over $200,000, We have paper which we cashed for them In the nature of bills recelvable to full the amount of their Indebtedness, The Newark bank didn discounting business, and the paper wa cashed. for them iy paper they cashed for thelr customers, Most, if not all, of It 1s not due yet, and examinntion shows that It is probably all good—that Is, we can, we bo Hove, Zcollect nll wo loaned on Itfrom the makers of the paper.” “low ts it possible for the cashler of a bank, in a placa as small na Newark, to em- ‘bezzle as much as $2,000,000, and not be found for three years?” : “It is not possible at all, Sedon’t doany- thing of the kind. The capital of the bank is $500,000; Its surplus some $475,000; Its de- posits about $2,000,000. Ile would have had to steal ntl the capital, all the surplus, and over $1,000,000 from the deposits, It could not be done, and it was not done.” THY BANK'S LAST STATEMENT, issucd In October, shuwed Hubilittes as fol- tows; . Cupital atook,,. Surplus stock... . Nutlonal- bank not Hisidenite upald, Soe Suet ae ny other Natonul-ban Duo Suite oanksses, veces THE OFFICERS ‘Tho following a the Board of Directors: Joseph A, Ualiey, Oscar 1, Baldwin, Stephe en UL, Condfet, George A, Matsuy, Lewls C. Grover, dunes F, Bond, Willian Clark, Jlenry. GC. Haweit, Joseph Hetsler, Joseph A. Miusey fy President, and Oscar L, Bald: whi Cashicr, ‘The hist-named oficer was winger of the bank, and is consltered re- sponsible for the trouble, ‘The news cane liko a thunderciap on the eommunlty, There Was not a sisvicion that the Institution was not the strongest In Newark. Tho Directors {ive been constlered the most trustworthy bualy of nen In the elty, and the reputation of Katlwia as a fhinncler probably stood first Jn tha State, The bank ts closed to alt comers, and no uftelnl facts have been made known beyond tho arrest of Baldwin on charges of embezzlement, and sending fer the Govern- mont esuninors. ‘Lhe New York corre- spondent of the bank was the Mechanics’ National. Bank, of Now York, ‘The liattur —Inatitution loses nothing, . Baldwin called at this bank Saturday and wished to. withdraw somo of tho collaterals he had pledged there, but this was not purmitted, and lls Inabllity to get hold of them may have forced the discoyery ofthe rottenness of his bank. ‘The firm of Nugent & Co, has suspended. Tho concern was Involved with the broken bank, Other William A. Freeman, isince Its churter, and has been paying divl- failures are oxpected. It ty sali nll that Is left of tha resources of the bank ts Its build ing, worth about $50,000, CASHIEN BALDWIN WAS ARRESTED by a United States Marshal on an aidavit of a Direetor, who eharged hin with confess> {ng to the board yesterday that he had fraud- ulently infsused over $3,000,000 of {ts funds, The Directors are in session with elosed doors, and tho wiltest rumors are afloat whieh are impossible to verify. No suspicion {s yet felt toward nny other than the Cash- fer, who had tho unilinited confidence of the President and Directors, ‘The Cashi fearing a visit from the National Bank Ex- auniner, called the Directors toxethor yestere day, and confessed the terrible condition of alfairs, ‘Lhe city and county had about $40,- OM ench on deposit, tha Water Board Sim. 000, and manufacturing companies smaller aniounts, preparatory to November divi- dends, 1tis not yet known whore the money has gone, butit 1s allered the Cashler bas been engaged in Wall street speculations, If, ag avems probable, Baldwin goes to State prison, there will be three bank Cashiers confined thore—Baldwin and Hedden, of Newark, and Berry, of Unekensack. It ape ears that Baldwin has gol away with every- Ming but the gafe, whieh waa a very heavy one, ‘The bank held all the deposits of the old Mutual Life Company, amounting to, tb Isaalil, between $900.00 nitd $1,100,000, na thts sum was available. Not a penny, tb ts helleved, will be saved from the general wreek, HE STOLE $2,400,000- AND 18 NAILED FoR $25,000, Cashier Baldwin, while confined to his residence, was walted upon by the United States District Attorney and Commissioner Kensley, and ndinitted to bail in $25,000 to nppear at court Nov, 7. His bondsmen are of Bloomtield, lls brothers Willlam 1. and ‘Theodore F. Bald- win, and Matthias M. Dodd, of Enst Orange. BALDWIN THEN STATED voluntarily that about tho year 1873 he began to make loans to C. Nugent & Co,, moroeco manufacturers, without security or sanctlon of the Directors, Having begun, he was In the power of Nugent &Co., and continued the accommodations, somet {mes loaning them $50,000 In one month, till the total increased fuaratnots amount, Nugent assured hin he had a large property sit enpital In the bustness, which would make alt the Joans good. Nugent was well aware he (Baldwin) was using the bank's money, and always promised to surrender his prop- erty In case of nny trouble, Under these elreutnstances the loxn Increased till it renehed over $2,000,000, ‘The manner in which this business was transacted was this: Nugent would give drafts on friends in New York, which would. be’ credited to him as eash, and Baldwin would use the bank’s money to take up the drafts when due, ‘The books were so falsifled ‘as to show tho ac- counts tobe correct. Finally, however, the losses were placed In tho accouits-of the Mechanics’ Bank of New York, agent of the Newark Bank, so that while it appeared that the Newark bank had claims for $2,000,000 against the New York bank, In trath the Newark bank o the New York bank $200,000, his- difference Is almost: wholly dua to the irregu- In transactions with Nugent. He sald he had speculated very little,tand tosiqnoth- ing In that way. District-Attorney Keasley says Nugent can be held siable for hls part of tho transaction under Sec. 6,200 of the United States Nuvised Statutes, A rumor that Nugent made an asslznment today was premature, His accounts are involved with the bank’s, and awalt further developments, CURRENT RUMOR 4 {s, of course, ondtloss and varied. ‘Tho main fact {8 the old and ‘paintui story of stock gambling, robbery, and ruin, Cashier Batd- win'is at his own house in bed. The affl- davits upon which. Baldwin wng arrested allege a confession of the crime, and that the abstractions were covered up by false ene tries, that the amount tnken exceeds $2,000, 000, and that the bank is tnselvent and ruined, What this imptles may be imagined from the fact that the Mechanics’ Bank has hitherto stuod in the very front rank among the Newark banks, having been most. prosperous during the half-contury donds of 14 por cent, 7 per cent seml-annual- ly. In fact, the Mechanics’ waa considered the strongest and safest bank in Newark— almost too prudent and conservative. Its Board of Directors includes some.of the wealthiest and foromnst cltizens, Hot the Joss will be dlutributed cannot now be know! It {is reported that thore wil! be some very palnful and ruinous commercial “after- claps’ In the way of fallitres of houses which the Mechanics’ Bank had‘been *carry- ing.” Supposed tnstances are freely named, but It would, of course, be unjust to give publicity to these names at the present thne, when nothing Is positlvely known, ‘Lhe de- faulting Cashier had long been both esteemed and liked In Newark, and his fellows in office tn other Newark banks seem to hens much erleved as surprised. This 4s saying unich, since THE SURPRISE 18 SIMPLY BOUNDLESS, One prominent ecltizen remarked that he would ps soon have‘ thought of ono of the churches turning over and standiug on tho tip of Itsspire, While Ballwin was making tho statement to the Directors Sunday, con- fessing his own gullt, the bells on Trinity. Episcopal Chureh, of which he was a mem- ber, and to which he had subserlbed tMber- ally, wera calling the falthful to worship, Little, indeed, did 'Baldwin’s old church frlends think, as they sat in churel Inst night, that one of thelr leading lights was at that moment confessing himself 4 thief, It appears that Baldwin was at ono tine Trustee of a prominent Newark savings In- stitution which deposited In the Mechanics’ Bank. Through some misunderstanding he resigned, aud the savings-bank withdrew thelr account from the Mochantes’, thus guarding against the present failure. At the office of the Newark Mutual Benefit Life-Insnrance Company IN NEW York, of which Baldwin {s a ‘Trustes, the excite- ment was Intense. The Presitent of the com- pany left for Newark Inumedintely upon re- colpt of the news. The company ts involved, it{s understood, quite heavily, Oneof the oflcers of the Insurance company said they had never before experienced sue a shuek, Baldwin was aman of unimpeachable char- acter, . He was married, aud was the father of fourchildven, In social elretes he was re- garded ns one of tho leaders, and his reputa- Hon as 0 financioy was unexceptionable. Baldwin posltlyely refuses to see anybudy with the oxception of. lls personal friends, ‘Yo persons calling ut his houso his son ane swered that hls father, beng slek, could not see anybody at all, especially reporters, : Ualdwin's wife and his children, two boys 15 and 6 years old, and two girls U nnd 0 years, stald at his bedside all day, Baldwia said ton friend, “Lam gnilty, and willing to go to the penitentiary.” At So’clock United States Commisstoner Keasby and District-Attorne Keashy called at lis house together, with 9 shorthand reporter and ex-Judge ‘Titsworth, Valdwin’s attorney. ’ Bakwin positively de- nied that he hud used any funds uf the bani: for private speculation, and sal: “Since | the orguntzation of the bank, the firm of 0, Nugent & Co, has been among thelr prinelpal customers, Since 1873 that frm made Irreg.! ular Joans, and 1 gaye thems. money without security, and without the knowledge of the Board of Directors. Nugent compelted mo; by threatening he would tell the Directors allabout these crooked transactions, to give hhn wore money froin thne to time. Some- times Nugent paid back to the bank $50,000 per month, but he drew more always than ho pald, I hoped all those years that Nugeut & Co, would refund these sums, knowing the firm to be very wealthy, Nugent & Co, wero well aware of the fnet that L usad tho funds of the bank for tho Joans made thom, Up to data Nugent received tore than $2,000,000 out of the funds of tie ink, | "tho modus operands was hat Nugent & Co, gayo cheeks for New York firms to pay some money to the banie from tine to time, and the tunds of the bank were used to pay the drafts of the firm, Tho entries in the book ure falsitled ao that the Direetors thought the business of the bank was oll right. CHIUSTOPHER NUGENT, a wealthy moroeeo innnufacturer of the firm of CG. Nugent & Co, was arrested this evens lng at his house by a Deputy United States Mavahal ona charge of aliing and abetting Cashier Baldwin in embezzling funds from tho Mechanics’ National Bank, Ilo gave bail in $25,009 to nuswer tho charge. The arrest was based on the voluntary statement of the Cashier in regard to the lonns to Nujent. Nugent's bondsmoen were George B. dentine son and Juimes Sinlth Je. ‘The compiaint against Nugent was made by United States Commissioner A. Q, Kensby. THE DANK 18 TO WAVE BEEN inextricably Involved: with the extensive mMoroceo manufacturing firm of C. Nugent & Co, ‘The State Banking Company, whose funds were nightly’ deposited there, were somewhat embarrassed by the failure of the bank, but drew fron it some $12,000 In bonds, which Were also deposited there, anit rece posited them in the Essex County Bank, QUITE A RUN was mnie upon it, and “Ald, Weldenmayer drew out lls ontive deposlt of $5,000. ‘Thu company, howevor, ouly had about $7,000 In the Mechantes’, and the officers haye no fears of its sufety. Among the depositors who will grently feel thoir loss just at this time are tho Republican nominee for Sheritt, WI fam Wright, and the Demoeratic candidate for Senator, Judge ‘Leese, Wright lostevery dollar incash he had, The State Banking Company should not be confounded with the National State Bank. The stoek ‘wag held in large amounts by the President and his family, and each Director held consider- able sums as well. The Mutaal Benelit Lite-Insurance Company were Inrge depos- itors, but not to so great an amount Intely ns before, ‘the Police Mutual Aid Assoclation lad $500 deposited which the ‘Treasurer waa to have drawn this. morning, A meotine of the Finance Commnilttee of THE AQUEDUCT TOARD was held this attornoon to hear a statement nto the umount the buard had on deposit In the Mechanics’ Bank and take actlon for the future, Mayor Fledler presided. Secretary Meater stated that the board bad, In round numbers $65,000 belonging to tha sinking fund on deposit thore that had been recentty paid in from temporary lonns, and was awiit- fue Investmont; thet the balance of the gon- eral aceount was $56,000 In round numbers, and the specinl tax necotnt about $6,090, making In all $127,000, ‘he payment of in- terest failing due Nov, 1had been provided for, and the board expect to meut all clatins for interest sud payments due at the National State Bank, Oseard., Baldwin, the defaulting Cashier, 139 a son of Caleb Balcwwin, and entered the Mechanics’ Bank as i boy, occupying a minor position. THe rose gradually until abont 1852, when-he be- came Assistant Cashier to Matthias Day. At about the beginning of tha War he sue- eceded Day as Cashler, and has oceupled that position ever since. He was prominent in public and soeiat Ife, and was a Director in the “Mutoal Benetit: Life-{nsurance Com- pany. This company once offered him a prominent position, but he refused ft. His salary as Cashier was $7,000 por annum: Personally he was popular, and his relatives aud friends Include the must prominent peo- ple ln Newark, For several years Baldwin has been engaged in SPECULATION IN WALT STREET, and it is belleved tho misfortunes of the bane fre duc to this fact. ‘That there have been other enuses forthe failure fs known,-In'nd- | dition to speculation, but. the ‘bulk of tho money has undoubtedly been sunk In- the New York stock-muarket. A numbor of divl- dends payable at the bank aro sald to have been declared by various companies, and the money waa deposited to meet thom. “They are, of course, non-paynble, - The last seni- annual dividend of the bank was 7 per cent. ‘The stockholders of the bank are Hable for the full amount of the holdings—that is to say, ench stockholder for $100 must ‘pay $100, besides losing the value df his stock, The Government’s Bank Exam- iner arrived nat tho bank this morn- Ing, and with the ald of the clerks began bis exrmtnation, Varlous riumors have been set allont concerning other banks, but have been disproved without exception, So far as known, no other institution Is affected to any extent, The effect upon tha’ bustness of the community has not yet been shown, but will undoubtedly be developetl tomorrow. ‘The Mechanics’ Bank was chartered In 1831, and was organized asa National bank in 1865, ¥ TUE ACTUAL L083, Ittsbelleved, will reach $3,400,000, Nugent states that the amount discounted by tho bank tor his firm Js only about $160,000, 1 comparatively small portion of the defalen- tlon, The bank building Is estimated to bo worth $50,090, Then ‘there Is supposed to be eash on hand, and assets under the head of bills receivable, this aay possibly change these figures, It is estimated that the de- positors will not get over fifty cents on the dollar, Ballentine & Sons, Joseph Hensler, and Gottfried Krueger, brewers, are among the largest depositors, Nugent offered this morning to confess Judgment for $200,000 on his indebtedness. Yesterday morning ‘was the earliest period when any of the Directors had any futlmation that the affalrs of the Bank were wrong. ‘The first intimation was elven by Baldwin, In addition to the officers before-named among tho largest stock holi- ors are F, 'I', Frotinghuyserand T, ‘Tl, Kinney, THE AUTHORITIES AT THE THEASURY, Specat Disvaten to The OMcago Tribune, Wasttnaton, D.C., Oct, S1—The fatlure of the Newark bank, and tha fact that Its depositors and stockholders are entirely without security, will undoubtedly bo mada uso of in Congtess by the opponents of tho Natlonal banking system as an argument to show the Inndequacy of the present law to protect depositors. Tho Jaw furnishes no adequate security for stockholders, and the examination by the Bank Examiners do not seoin to hinve protected the depositors, It is dliMeult to sve, however, how this can be avoided, ns it 1s stated at the ‘Treasury the books of tho bank when last examined had no record of this $9,000,000 hold by this Now York bank, Of course If the cashler had not kept this from the banks he would have been detected. Some of the most expert officials of the Controller's ofllce hnvo been sont to Investigate this astonishing embezzlement. ‘ho Controller of the Currency, who fs preparing his annual roport, had been in hopes to have stated that anothor year had passed without any bank failure, a BURROWS AND THE SPEAKERSHIP, dosctal Mspatch to The Ohicaeo Tridune, KaLamazoo, Mich. Oct. 81.—The Hon, J, C, Burrows lett here Saturday tor Washing- ton, stapplng ft Cloveland and Pajusavilte, , O,, on the way, Tle expects to roach Wash- {ngtan Wednesday, Ila frlends here suy that he will enter at once upon an active canvass for tha Suenkership of the next douse, To had the promise of a Inrge sup. port during tho Inst seasfon, and Hiseock’s elianees pope to di\ntah will, ii 1s thought, help hia dn the West largely, His cupacity for the situation is undoubted, and has buen fivorably commented mpon by tho ress. - Ibis belleved hore in his district that ils chances are excullent, and that he will cortaluly be one of the loading eaudidates, —$<$—<$$—eme————— STEAMSHIP NEWS. : New Yonk, Oct. #1.—Arrived, the Arabla sand England, from Liverpool, 188I—TWELVE PAGES. NEW YORK. Rossi, the Itallan Tragedian, Makes His First Appearance in “ Othello.” Burning of a Largo Browery and an Entire Block of Bitildings on Staton Island. Tho Handsomo Sum of $121,404 Oon- tribated to the Miobigan Sufferore, ROSST. THE EMINENT ITALIAN TRAGEDIAN. MAKES IIS FINST APPEANANCE DEFORE AN AMSER- ICAN AUDIENCE, Rpectat Dispatch to The Chicago Tribune, New Your, Oct, 31.—Ernesto Tossi, tho Ttallan trazedian, innde his first appear- ance. in New York this evening at Booth’s ‘Theatre. ‘The , building — was crowded, and: the new enndidate for favor {n this country has every reason to be- eve that .hls efforts mew with the fullest. success, for he. met with one of the most flattering receptions ever accorded an netor hero, ‘The play was Othello,” tn which Signor Rosst liad ampte seope for hls powers, and wheretn he displ ayed Misconstm- mate Intensity of passion and delicacy of tender sentiment to such nm degree as to bring forth most pronounced evidences of apprectation on tho part of his auditora, Rossi comblnes Intellectual firs with dra- mnutle Intensity, Hs presetice fs commanding and lis pluy of features a study. Introduc- ing here and there bits of play new to the American, public, hls Interpretation off the character becomes Invested with! fresh force, and in the opinion of many: transcends that of Salviad. During the week Rossl will play Romeo aud Hamlet. DESTRUCTIVE FIRE. A LANGE BREWERY AND A WHOLIS DLOCK OF BUILDINGS DESTROYED, New Yonk, Oct. 31.—About 11 ofelock this morning fire broke out In the engine-house of Mayer & Bachinan’s brewery, .at Clifton, Staten Island. ‘The tlames sprend with markable rapidity, aud ‘the entire block of buildings was soon enveloped, the brewery belng situated in the midst of ‘n number of frome shanties. ‘Tho Int- ero were = =onbandoned = =by = the © ocen- pants) who fled in terror, When tho rewery buildings had been burning half an hour the fremen abandoned them and de- voted theirefforts to saving the adjoining awelllngs, At i2o’elock there was danger of n boiler explosion, and the poflee, in an- tielpation of such calamity, eleared the streets and guarded the approaches, ‘The Joss is esthated at $600,000. Hundreds of bersons are thrown out of eniployment, The brewery bullding occupied nearly half anaere, ‘Two let hunses and storage vaults, recently erected ata cust of $30,090, ere nn fusured, ‘The loss on stoelk, IneludhBe 3,000 tons of fee, 700 bushels of malt, and 8,000 barrals of beer, ts over $180,000, and on build. thes, machinery, and tistures $200,000 inore, Mayer intends rebuilding’ at ounce,’ Lusur- nee bout $350,000, ———_—- ITKMS,. FOREIGN GOLD, New Yonk, Oct, 81.—Five hundred: thou- sand dollnrs In gold was received ‘from Eu- rope today, ; ARRESTED FOR SWINDEING. J. W. Oliver, of Webster, Ga., has been ar- rested hera on a charge of extensive swin- dlituz in that State, RELIEF FOR THE MICIIGAN SUFFERENS. The Michigan relief fund now aggregates si8ls04, ee EXCHANGES, The Weekly ‘Showing of the ‘Trans netions in Cash of the Leading Citien of tho United States, . | ., abies Bostox, Oct, 81.~From the Post: The fol- lowing tible shows the total gross exchanges for twenty-three leading clearmy-houses ly the United States, twenty-two for the week ended Oct, 29, nud one (Louisville) for the week ending Oct, 27: New York, Bostoh Lota Chlenyo,. Cinelnn St. Louis.. St. 5,08 @ 291,801,725 ‘This exhibit shows a slicht.falling off trom the Inst week. ‘The grand total, $15162,025,- 963, fallssamewhat behind the showing of the same elties last week, when the tures stood $1,200,579,009, Tha percehtnge at in- crease over the corresponding week of last year Js sumewhat higher, however, -belug 14,8; agalust 10.2 the previous week, in Now York the percpntare of mul was higher than Inst week, elng 12.3 against 68. Leal timnte business in thatelty was reported re- marknbty good tho past week, the “notable fenture bolng the distribution of dry goods, for which there nppears to be an unprecedent- ed demand, Outsidy of New York tho. per- centage of galn hus fallen off, compared with last week. “The Inorease this weele over the ‘corresponding week of last year is 3, against 404 (tat week and 23,4 the previous week, In 1880 during the same weelt the October clearings in tha ellles outside of New York showed @ falling-olf. of 28 per. cent compared with the corresponding week of 1879, lt is evident“ from thls that the gen- eral stato of trade throughout the country during the week dust closed, though not per- haps quiteup to thatot some provious weeks, Whon thore has bean an exceptional rush of business, ts still in 8 most healthy ond “booming” state. Among the Eastern eltles, nearly all of which show a falrincrease, We may inention Boston with an increase of BL6, agilnst BL4 last week; Pliladelphia, 13,0; Baltinora adecrease of 15 agalnst 0 36 Of .0¢ last week; Providence on Inerensy of 15.7, aguinst 11.6, At most mane ufacturing centres the exchanges show a most gratlfylIng Increase. Springtleld shows 8 gain of S11, against 43.4 last week; Worces- for, 186 against 23,0; Lowell, 108 agalnat My and New Haven, 2.20 against. 18,0, alunite still shows a decrease, there being fh falling off of 8.7 Inst week. ‘This will be accounted for. by a. falling off in ather receipts, owing to the con- tinued. had weather prevalent tn ‘Tennessee, ‘The gains in Westorn cities continue quite Hotlevable, Milwaukeo gained 12.3 por cent Agnitist 13 last week; Chicngo, 20.0 avalis SL7; Clacinnntt, 27,9 against 43.3; St./Louls, 14,8 nyalnst 10.3%. Louisville, whore trade 1s {n some lines reported rather sluggish, 19,0 Aealnst 600; Pittsburg, 85.1 agaist 33.7; Steveland, 33.1 Unist 20.6, ndlanu polis shows a (riling galn, 0.04 nealnst 5.53 Colum- bus, 80.3 uuntngt 4 ew Orleans shows a gain of only 02° agninst 4.7 Inst week, whila Syracuse, which last week walned | bid, this week falls behind some 2.3 per cent. San Franvlseo, which Inst week advanced from. 284 to 43. per cont, this week drops back to 231 por cent. Cigneral business In this city Is reported slacking oft a Httle, . ‘ > Se eel « HEART*DISEASE, Bpectat Dispatch to The Chicago Tribune, CLEVELAND, O., Oot, 31,—Early this morn- ing the dend body of Mathew Mlsnor was found_on-Bupertor streot hill. His pocket:- were Inside out, and near by were his pty. ath pouketbook and other personal eifucts. Du Was evidently caused by hvart-disease, as no marks of ylolence word found on the body, SPEEDY JUSTICE;' Litre Roo, Ark, Oct, 31.—An escaped convict ugmed Chartes Jones, a negro, at- tumpted to rapo a white ludy named Mrs, Lewis, near Spadra, on the Fort Smith — Rallrond, last week,» Her streams attracted the attention of he bors, when the nexro fled. He was eaptated yesterday morning In_ Fort gy; rought to Spadra this afternoon, inh, 100 men, armed With shottins, wory bul depot In wilting, On tho arrivat or the they took the prisoner from. the ofticny, ali after a short informal examination bya And, sunis wee condemned to death, Twenh niinites after his atrival at Sp hung to a tree, baclea he wal POLITICAL, ceed Cannon, of Utaly Declared to Re ay P é For, Sanur Lake, U. Ty. Oct. a1, bronght by Campbell to annul Cannoys tended certificate of uinturallzation weer elded today by Chief-Justice Hunter, 4 Judge held that, on the statements of i compininant and the admisslons OF the gy fendaut, tho certificate of Cannon Was y 3 on Its face; that the pretended naturalizaty was § nullity. ‘Inds the court ty Whe Cannon pretends to have been natural S twenty-lva years ago decides. that hots, allen,” and “thovefore | that Gov, Mut was right In refusing to ith thot he tnd been "duly a Y to Congress, It is not supposed hore tt the Hote of Representatives enn fait Tot hotles of this netion, at, Indeed, to yo Re erned by It, and thas ft Is regarded AS Ving. ally settling the vonteat for the Dele, td seat frou Utah In favor of Campbell nt Liberal eanditates and the Liberals of” iat aiKe Hed pollens nae piri lig UD of ime or opening of firing ln front, are plucking: hew heatt in consenmence, ” OY PMekluey L—The su} Wisconsin, Democratt ty 2 Nomination. Hetalatty Aptetal Disvateh to The Chteaco Tribune, JANESVILLE, Wis, Oct. 3L—The s District Democratle Convention, held thy g£ternoon, nominated the Hon, J 7 for member of Assembly, ohn Wioay FIRE RECORD,: At Clncinnatl, Loss Probatly a7, CINCINNATI, Ot, SL—At Iialtoat night tho Ohio & Misslssippt Gratn Elevate, owned by A.J. Mullane & Co., enught fite and, belng of wood altogether, was 800n ep veloped in flames. At 2 nom. there h but little prospect that any part ean besaved, The building ant eontents are brobauly worth $75,000, ‘The building and conten must be A total loss. ‘The building my owned by Hugh Stewart, who steceeds sige fuse Coy and is managed by Charles My A Clzar and Some Nowapapers, ‘The alarm from Box 325 at 10 o'clock yee terday morning was caused by the discuvers of a trilting blaze tn the two-story frame house at the rear of No. 575 South Wabte street, owned by M. J. Silly and aceupled by James Henneberry, ‘The fire was enused yy the Igniting of f& quantlty of newspapey among which a lighted elgar lad beg dropped, Damage nominal, At Galveston, Tex, Gatveston, Tex, Ovt. SLA fire broky out in the cotton-room of John D. Rozers & Co, today, from a mateh on the floor, The Aames spread rapldly, enveloping Mi a shut space of time the entire building. Tnsurane ou ite jfiock of upre, § eA wWholesaly grocers, $105,000; on buildl £§ Se Moore, Stiatinn & Co.'s toss Wi reach 40 percent, Tho bullding was own by D. D.. Malioney. ss At Lyro, Ark., Love 89,00, Partlally Tusured, Lurrnn Rock, Ark. Qet. s1.—A Monticete speclal says the sturchonse of 1). C, Burford & Co, and M. As Jones & Co,, at Lyro, barned Saturday night. Burforil’s loss, $5,000, In sured; Jones’ loss, $4,000, “partly insyred, Negroes were the iucenilaries, one of whoa fs now in custady. In Charleston, W. Va.— CiranEston, W. Va, Oet. laundry and LL. Strauss & Co.'s beer-bottliss establishment, fee-house, ete., were destiord by fire last night, whieh orfglnated In the Iqundry.. Losy, $0,090; insuratee, 3 ET eee tare soni MEGHALLONCOD, W.Va CHERRKRRTOM AW, Vi, Oct. t,—Stranss & Co.'s beer-bottllng establishment, fee-lous, ete., were destroyed by fire last night. Los, $0,000; but little Insurance, At Urbana, 0.$ Loan, £5,000 to 810,00, Unpana, O., Oet. 31,—Catdwell & O'Neal's planing-mit was dunaged badly by tre oss estimated nt $5,000 to $10,000, ed THE HENNEPIN CANAL PROJECT. Spectat Dispateh to The Chicago Tribune. Davenvout, In. Oct, 31.—A meeting of citizens was held tonight in the interest of bat at the Hennepin Canal project. ‘The delegate from this city who attended the St. Louis River Convention reported on the work they performed there, . A resolution was adopel in favor of holding a national convention te consider tha pian of tho canal at Chicago ot some other Enstern elty an cantly date Many of those present favored Buttato ns tht place for the convention, A. conser coinposed of members of the Board of Tralt and eltizens was organized to take charge ot the work and press it vigorously.) << Mr. Rufux Mateh at Sea. eww York Nutt, Oct. 9, The City of Notne moved ‘out of ber dock be tween Wand 11 o'clock yesterday morning. 4 humerous company crowded her extensitt ducks, und the wharf was packed with sgh scors. . Must notable of those who enlled wast, Itufus Hnteh, of Wall street, who stond sere! and emiling, almost up to the moment, of fa fog, at Uo guty of the whurf surrounded by 8 aulnnted group of camel’s-tate shuwwls wt other rich and striking finery. His eyes beaut go brightly between hls white waistcoat anu bs brond hat wl tonterially to modify the deprest effvets of tho dull wenther, Ula friends 2.1 presented Mr, Hateh with an ingenious cambint You of cubbazes, contrived to resemble ao ir steamboat. Cabbuwe petals tixed as salts, wer inscribed with tho names of “Kending Le humerous other stocks with whieh tue cone ous fnancler 18 concerned. Amuns thor wh? came to bid Mr, Hatch woud by was Mo). Hee arty, of Nusaau strect, ‘Tho Major noticed tht twelve ministers were included by tho paset ker tlat, and bo prophosted that’ the sruathet clear to Liverpool would bo stormy, for hes! ected that the ministors ware guiuy to Tarsblsty Bh n spite of expitelt Instructions to Jourvey else where. Mr, Brinn G, Meswyny wad nnotier v9 & saw Mr, Hatch olf, and bo atood oa tno end ol B the whurf to tho Inet, waving bis handierediet and cheering with uncontrollable eninuge ttntil the huge and graceful vessel, having beech shoved Into the proper direction by ws palr saucy tuye, hud biidad’ fer down the harbor, —————— ADlg ThroesYoar-010 Boy, Cincinnati Enautrer. ‘ EVANSVILLE, Ind, Oot, 20.—Thiero arrived Ip this city tuday a mun named Adum Caster of Casey County, Ky. Hts family 1s with Dt one of whichis a younw boy only 3 be who stands three feet four inched (n pee Py Inge, measures alxtepn Inchea arcund tI eae of tho log, twenty-six Inobes nrountl the th a forty-two inches around tho walet, thirty: Hire Inctivs around the chust, aud welgbs 18) poune Tho bil, bis fathor anys, wolgled a dice Pounds at hla birth, but ut six montha ba ped crensed to forty=nino pounds, and thou end by rapid stiges-to bis prosont enorioe portions, The cbltd ts Delrlt enous ants hysicling buve counseled bis parents We, ax bin closely with mental effort. Payee i although go huge for bla age, he is soli heultby, and makes what might by © widdling clturt at romping arauad. and his wife, though both of gt tons. Tho 4 montha rica ‘but ing 10 her brother's (¢ Tcoberge Con ‘i Br, Jouns, N. F,, Oct. 29.—'Two vast lea feo wire visible ait tho “otting, driving, Fe vouthwanl, At sunrise thls morning | nge horus were’ not “dlacernible within the Fe yy of tho horizon. Their grout drift mae Bult deduced fram the fuct that bout halt ay before sunsus they bore, the ony sour x south from the north bead of the Arbor cies Johns, and the other south seule ae ad Were then distant thirty and thiriy-tel ny respectively, the vortheris ono belud We) fog fant from tha land. ‘This berg {3 about | ie Jn tometh, about 120 Boot in verano HUET by hus two spires wuriuounting it that wane fy than 160 feut avove the geuerl level pout iuland.) Tho ‘more southorn bery I Nitoge fet iy length, and Its general front ¢! Peay somewant under 1ud fect. One portion Teh, feet above tho inuln body of the b don place trom which the above obser nua de le locates 67 feet ubove the 8c upproximuty dri{t rate gf chose Ie e this and a quurtor miles per hour, Hefare (hig Var iy printed in tho derakd theso ay touting monsters will have bogun 12 Crone way at rigbt angles throug thy track on commerce hurryiog nigut ana) dey OP se Horch Atgutic between the Old: : “Worlds, Moore, Stratton & ty EE Castien 3