The New York Herald Newspaper, February 8, 1877, Page 4

WANTED THREE MILLIONS. Trying to Keep the New Jersey Qentral Uver Water. MEETING OF STOCKHOLDERS. acc V6 Poe A Story of Too Much Dividend—Some Pertinent Questions—A Threatened Stoppuge. An adjourned meeting of the stockholders of the New Jersey Central Railroad was held yesterday at tho offices of the company, No, 119 Liberty street. A large number of holders of stock was present, among ‘the gathering being ex-Governor Curtin, of Pennsyl- Vania, and several gentlemen from Philadelphia, Shortly after twelve o'clock Mr. KE. C. Knight, the President of the road, calied the assembly to order. Mr, George 1. Potts was selected as chairman and Mr. Samuel Knox, treasurer of the Central, appointed secretary. Mr. Knox then, by request of the Chair, Made known the purpose of the meeting, by reading the following cireutar:— THE CALLS FOR SUBS To me StocRuoLnEs:—The di Railroad Cou Now Jersey axain ep y ini nber 20, offerings tu you we par jadebtedmess ain to $5,000,000, ult to overestimate ance to this company und to the stockholde having these certificates promptly sulscribed The eifect to remove the rain on the while » tailur we thet tn a crippled bh « ties. ‘The re- the unparal all other branches of ‘unexpectedly sutistnctory. The eight ¢ fing debt is the only burrier to an finmediate return of thé company to & prosperous condition, ‘The stockholders are therefore called upou to equivalent to The Ct Bubseribe for un amount of these certificate Alten per vent tock held bj subscription, by entire = amount cure a will be gives as th fall amount has Been ‘subseri will then be eulled for in tly por cent each, one e received in oue Liberal sub- pa seriptions have holders, wh : " Feaponse to this appes Riuesting uf soe ot the Drinclpal sjockholdors was held ° tice of nesduy, January 31. alled t Iv attende he compa e company on After w full statement of the ‘and its future oxpectutions, and jon of the plan proposed, it was warmly (the subscription paver generally signed by ot, The nevting adjourned to Wednesday next, ‘enruary 7, ab uoon, at the same place, Itis desirable thut as many substriptions as po 0 nade beiore that day. romptness in subscribing is ail import Kaward G. Knight, President; John Taylor J ohnyton, njamin Williamson, Johu Kean, ¥. AL Comly, Henry Lewis, R. .T. Frelinghuysen, + After reading the above Mr. Knox read a circular proved those pre ¥ ark, dated December 20 last, showing more fully the mode | proposed for raising tho $3,000,000, PRESIDENT KNIGHT'S REMARKS, President Knight then stated that he would like to makea few remarks, Said he:—“I will first take up the subject of past dividends; not only as relating to this company, but also as referring to many other com- | panies 1m the country. The Central has declared since 1860 dividenas amounting to $14,400,000, This is en. Urely too largo an amount Had these dividends Deen declared at the rate of eight percent the com- pany would now bave on pand $3,114,096 26; had they been at seven per cent we would have $5,133,812 54, und had they been at six per cent the amount on hand would be $7,145,737 39. These estimates have been carefully made ‘and verified, and I believe them to be correct. I now desire to reter, as @ contrast, to the officers of a small road, ran- ning only from Philadelphia to Bethlehem, with which | am connected. mean the North Penn- sylvania Railroad, of Philadelphia, In 1859 this road was ina much worse condition than the New Jersey Central is to-day. ‘the par value of its stock was $50 per share, and it bad two $3,000,000 six percent but it was sold mortgage’ bonds out, in the market at $550 and $6 4a share, The floating debt was perhaps $200,000. ‘The chattel mortgage sold for sixty-two and a half to seventy-five cents onthe dollar, The mortgage came due on April 1, and the bondholders were culled to- gether and asked to fund their coupons for several yea ‘This was acquiesced in, and we issued berip and alterward redeemed it, We econo- | zed in every possible way and increased the earnings of the road. 1 was chairman of the Finance Commit! Fmally, we were enabled to pay a divi- | dend of six per cent. Sometimes we cleared enough | pany th to render usable to pay considerably more, but we ud- hered to the six percent rule. Yesterday the bonds of that road sold at 107 ‘4. STATEMENTS OF THE CENTRAL'S APPAIRS. “The stockholders of the New Jersey Central have re- ceived more dividends than they should have, as the following statement of the condition of its treasury sbhows.”’ Mr. Knight then read this statement :— Earnings for 18 16, 946,000 Expenses for 1876. 5, nce. ess jnterest on all company $1,575,000 Less taxes, 142,000 Less rent of Lebighand Susque- banna Railroad.. A Mr. Knight then continued:—"You roud last year ourned a dividend of eight per cent on the present par value of the stock. The company has been introducing a rigid ecopowy in ail its departments, and with the prospect of bet. ler times, which must come after tho political emergencies are met, I can see no reason why the amount should not be jucreased to $1,000,000 | sis year, The road is in a urst class condition and 18 equipments are ample. ‘The trav vetweeu New York und Philadelphia is increasing faily, and tue business of the Long Branch division 1s very good. Over $4,000,000 was laid out ” LOW COAL THK CAUSE OF THE TROURLE. Mr. Knight next spoke of the security offered for the certiticates of indebtedness, as described in the circu- lars above. The speaker said that the Central was oot the only railroad in an embarrassed condition. He taid many roads that were not coal roads were crippled. It something were not done to make coul bring more money than it costs to mine it the coal producing interests = must remain im the present crippled condition, ‘The public does and coulat $2 75 per ton,” said Mr. Knight; willing to pay a living price-ot $4.”° A year ago the stock of the Deluware, Lackawanna and Western was quoted at 119, that of the Reading Railroad at 1054 aud that of the Central at 109. To- day these stocks sell at 70, 30 and 26 respectively. ‘The coal men should come together and say that this great loss should not come out of the stockholders’ pockets, a8 it will do until the price of coal js’ placed at @ profitable figure. It is a great public calamity that the stocks of tbo coal railroads should have depreciated to sueh an ex- tent. When the Bank of the Cnited States burst up the event was mourned as a pational bereavement, but the capital of that bank was only half so great as bas been the recent depreciation in the stock values 10 ee yreat companies. This is the time to build up and not to destroy. (Loud applause.) Mr, then closed with what may be termed ‘a stirring ap- peal’? for the subscription, MK. GEPNUY DESIRES INPORMATION, After Mr. Knight bad sat dowu the chairman asked if there was any gentieman present who desired to ad- Gress the assembly. Mr. J. Warden Gedney arose, {ter stating that he represented 1,100 shares ot stock, Went on to vay that, although he ap- preciated the remarks of President Kuight, aud Delieved that the figures wight be all right, still he was of the opinion that the men who were called upon to subscribe $3,000,000 as collateral tor that largo amount of bonds of toe Lebigh and Wilkesbarre Railroad which is owned by and ts virtually a part of the New Jersey Central, required some additional sutormation, He would like to know exactly what the bonds of tho Lebigh and Wilkesbarre Railroad were worth. He had Deen iniormed that bonds represented as being worth xty could not be disposed of at twenty-five. He eon- ed that the stockholders were entitled to a full re ort of the affairs of the Central and the es companies He wished kuow it $3,000, called for would ay all the debts with the interest; if the workmen wd been paid, and if the roud had aay other debts. He wou!d inquiro if it were true that some $200,000 of Lackawanna and Western bonds had been hypothecated ou call joans; he would like to ask also What 18 the actual debt for present rolling ravls or other necessary inaterial tor row. latest dividends had been by issuing bonds Lo obtain the means, and unless ng peculiar about the company’s he, ws a lawyer, bad not able to tock holders were lable jor the return of parties had been paid, -DYZING A SRARCHEK APTRR TRUTH. At this juncture a stockholder said be wouid like to ask the last speaker if be were a bond fide owuer of Central stock, oF merely a representative of stock owned by somebody else. Another gentieman shouted cuarver, which discover, ths at Mr. Gedney from the crowd, Do you know Jay | Gould?” which query was met with laughter aud crics of “Good! good!” Mr, Gedney replied that he owned 100 shares of stock and represeeted a great deal wore, MORE INFORMATION WANTED, Mr. W. M. Imbrie next addressed the mecting. Ho fai he owned stock in Hisown Hume, and represented au old and very large stock and bond holder, He | clwuned that there were many bond~and stock own- ers who considered that they were acting in the dark if they furthered the movement of the $3,000,000 Joan without koowing certain things whien bad not deen mule public, He then asked Treasurer Knox seri:s of questions which he read from @ paper, the Teplies to which formed the basis of the following information:—The floating debt of the company is upward of $2,500,000, more than hail of wh js duo from treighis; about $1,000,000 ot Wilkesvarre paper with Treasurer Knox's indorsement 1 out, The $3,000,000 will not caucel the blavket mortgage, The Jersey Central did wrether upon very short notice the meeting | on the new line | Knight | NEW YORK HERALD, THURSDAY, FEBRUARY Not have to provide an: t of the interest of the Wilkesbarre bonds, ri Fines could not remember whether the Jast four months of 1876 were as pecu- niarily successful as the year. We desire to know the worst, said Mr. Imbrie, *-and when We know that there is no doubts the required amount will be subscribed, but until we do kuow it wo are inthe dark, It is my opinion, and many others agree with me, that Mr, Knight is the man tocarry us vnrough the existing dilemma." THE LOAD TOO BIG POR ONK MAX. Herg Mr. Knight interruptea the speaker by saying, “1 camPt assist you unless | am helpod." Mr. §lmbrie then moved that a commitice of five, with Mr, Kaight as its cbairman, be appointed by the Chair; to make an examination of the books of the company and Feport to tho mecting as s00n as possi+ ble. Mr. Kmight declined to serve on the committee, but oflered to aasist the gentlemen composing it all he could, AN INVRSTIGATING COMMITTEE. The Chair then appointed tho lollowing gentlemen -—Meesrs. J, W. Brookman, mene ny W. Cullum ana J. B, McCrary. otired to pertorm their duty. WITHOUT AID THE CENTRAL CANNOT GO OX, While the committeo were out Mr. Potts, ex-Go ernor Uurtin and Mr, Jobn C. Builit, of Philadelphia, made short addressez, Mr. Potts said that he was the oldest miner of anthracite coal in the United States, | and that bis experience was thut tho coul trade was yery varicd in its character, to- asmuch a8 good seusons and bad seasons had their reguiar ulternations. He was sure that in a year of two trade would be so brisk that the people would be hardly able to realize that there hud been such a dull season as the pi He advised’ the stock holders to bridge over th as they casily could by supplying the $3,000, 0u0 asked for, and asserted that unless they did this the company could not go on. OTHER SPEAKERS’ REMARK! Governor Curtin stated that he bud interest in the road, bat be had a great interest in the improvement of the country, apd always advocated butiding up in contradistinction to puliing down, He liked to see a spirited and spunky man succeed, and | Eaward Knight had never yet fuiled tn any enterpriso be had undertaken. He was the man tor the present emergency. Mr. Bullitt said that tf the stockholders were true to Mr. Knight the Presideut would be true to them. | Mr. Koight again urged the stocklolders to subscribe } all they could, saying that a coal combination will ale most undoubtedly take place within a weox, and then ail will be smooth again, THK COMMITTER’S REPORT, ‘The investigating committee returned after an ub- sence of ubout an bour and # hall, when Mr. Brookman stated that he would read the report, which had been hastily prepared, He read as follows :— Total Hoating debt of Central on January 1, ineluding all bills payable, appad bills, amount due employés aud rept of Lehigh and Susquebavna Railroad,......6. + + $2,543,000 New Jersey Central has indorsed bills pay- able on account of Lehigh and Wilkesbarre Coal Company......- Indevtedness of ‘the two companies cured by use of blanket mortgage bonds to the extent of...... And of Wilkesoarre coal bonds, Also treight and eurnings of coul company to New Jersey Central in audition.......-... 1, 1,141, 000 620, 000 ‘The true condition of the Wilkesbarre Coal Company could not be ascertained; but that the compauy is largely in debt tho committee believed. The debt was caused by the purchase and improvements of addi- The committee suggested that a committee of ten be appointed to make a more thorough examiuation of the books, This suggestion | was adopted, and the samo committee was empowered to act. It was also decided to appoint a committee of ten to solicit subscriptions to the certificates of in- debtedness, altor which the meeting adjourned, About $100,000 was subscribed yesterday, making @ total subscription thus far of $1,249, 100, | TRANSATLANTIC TELEGRAPH = MONOPOLY. tional miving properties. To Tix Eprror oF THE HERALD:— ‘The imminent probability of the absorption of the United States Direct Cable Company by the monopo- lists ot the Anglo-American Company at London, aided by tls shrewd and active coadjutor, the presi- dent of the Western Union Company, here, has nat- urally aroused a great deal of opposition, both in Lendon and in this and other commercial cities on this side of the Atlantic, ‘The HeRaup, as, doubtless, the largest individual patron of ocean cables inthis or any other country, and also agin # pre-eminent degree a representative journal of this great city, has taken up this subject and discussed it with great earnestness in opposition to the proposed amalgamation of the two present cable companies and giving the monopolists timely notice that should they succeed in their eflorts to consolidate the cablo imterests immediate and energetic efforts, which can haraly fail of ultimate success, will be made to secure at least two new cables between Eu- ropo and the United States, which would be far more formidable opponents of the Anglo-American Com- tho preseut Direct Cable Company is. ‘There 18 ove point which all writers upon the | question ander consideration hay ntirely overlooked, aud ag it appears to me tobe a vital one I beg to point it oul, so that future writers upon the subject may take in the whole question. there aro probably tew telegraphers even who are aware of the fact that a very large majority—1 think about seven-teuths—of the whole transatlantic tele- | graph business trom this side originates outside of this ctty and State, It needs no argument, therefore, to prove that the success of any new cable enterprise must depend very largely upon the ability of its pro- iectors to secure proper connections with land lines throughout this country, independent of those lines which are owned or controlled by the Anglo-American Cable company and its comonopolists. A year belore the United States Direct Cable Com- | pany proceeded to submerge their cable an accom- plished agent was sent to this country to secure re- liable inland connections, and caretul contracts look- | ing to this end were ertered into between the Atlantic aud Pacific and Southern and Atlantic Telegraph companies, Which gave to the cable company dire i comin polaniee with allthe prominent cities of ¢! Sniow. | Almost before the ink which recorded the signatures to these contracts was dry une of the high contract- ing parties took measures to h: it mace known to the Western Union Company, the rignt bower of the | London monopolists, that their honor as woll as their signatures were merchantable commodities, und there- | upon active negotiations were entered upon between the executive oificers of the Southera und Atlantic | Company aud the president of the Western Union | Company, which speedily culminated in depriving the Direct Cable Company of its facilities for torwarding | to or receiving business irom tho South, excepting | th lines run in the intercst of the | Western Union Company, the active confederates of the London cable monopolists, | bean readily be understood how serious an in venience aud loss this has been to the Direct Cavie Company when it ts considered Low large a proportion of the cable business is connected with the cotton interests of our Southern cities, in whien, since the | wag, the cotton business hay been yearly’mure and | more contracted, and making the coutrol of direct | land line connections through the South a matter of vital importance to any transatlantic cab'e company. This question of dircet inland telegraph connect: will force 1self upon any new cable company soover | or later, as it can be casily proved that no Atlanuc cable can possibiy be maintained 1m oppos:tion to the Anglo-American and Western Union monopolists with- out such inland telegraph connections; und it would seem the part of wisdom to assure land’ lines to the ex- | tent of at least 6,000 or 5,000 miles of two-wire line, | and costing about $1,500,000 or $2,000,000 for lines and equipments, before proceeding to expend | $6,000,000 or $8,000,000 which would be required for even one good Atlantic cable. The organizers ot the Southern and Atlantic Tel- egraph Company foresaw the value and importance of their enterprise a8 a necessary factor inthe main- tenance of a healthy system of Wlegraphic competition between New Orieans and Liverpool, and guarded, | as far as possible, against the absorption of their limes by any competitor, With avy reasonable degree of ‘capacity in its manage- ment the Southern and Atiantic Company could easily have held tue balance of power in such a competing system, and would, as designed, have formed a nucleus | tor a bealthy, honest and legitimate system of telo- | graphing, which would have atlorded facilites to the public such as they have never enjoyed and ut rates which would have largely superseded the necessity for | using the ost Office tor business communications. | Iv as difficult to conceive of a more of tr pagoment, greed and betra; | trast on the part of {ts responsible managers than the receut history of this corporation affords, and with your permission I will, tn a future communication, lay detore the deluded and deirauded shareholders somo of the perfidious acts of 8 executive managers, to whom alone is due the recent transfer of the line, through trickery aud fraud, tothe Western Union Company, and thus deprived the Direct Cable Company ofa very large percentago of its legitimate transath | tic cable business, ORIGINAL STOCKBOLDER, TELEGRAPH TRAFFICKING. Forvary 7, 1877. | To rue Korror ov tae HeRALD:— | Au article in your paper of to-day, entitled “Tele- | graph Trafficking,” requires that I should state my | part in the proposed transfer of the Atlantic and Pacific | Telegraph Company to the Western Union Company. | Upon a suggestion madé to me by a director in the lat | ter company I obtained an option to purchase a ma- | Jority of the stock of the Atlantic and Pacitie Company, I had several interviews with the President and two of | the directors of the Western Union, both of wnom I as- | sumed to be largely interested in the stock of that com Puny, and { supposed We had arrived at ap agreement that the Western Union would take the Atlantic and | Pacitic — stoe! at a price thea named, The next y | was informed that th Was a misunderstanaing as to price, and I was asked to make # reduction, which I dechned, and.wahdrew from the negotiation. It 13 proper to suy that the | director, who was present atthe ume the price was decussed between Mr. Orton and mysolf, understood the conversation as I did, although there is no doubt | Mr. Orton understood it otherwise. I buve not been the ageut of any person in this transaction, 1 simply endeavored to buy the Atlantic and Pacifle property at one price and to sell -it at an advance to the Western Union Co din all that I did I thought 1 was carrying out the views of that company, some of whose ofcers seemed very desirous of acquiring the property. ALFRED A, COHEN, previous eight months of the RYAN AND OSCHWALD. GOVERNOR BEDLE GRANTS A RESPITE OF 4° WEEK—THE BILL TO BE PASSED OVER THE VETO—THE ANTECEDENTS OF THE PRINCIPAL WITNESS FOR THE PROSECUTION. Trextox, Feb, 7, 1877 This was aday of surprises in tho cases of R; and Oschwalkt, First came tho pews, which surprised the prisoners, that Governor Bedle had at last yielded @ little and bad granted a week's respite, The Gov- sentence, He senta despatch lo Sheriff Harrison, at Newark, inquiring the date of sentence, Finding that the ninety aays would not be up till February 18 ho concluded to give the dvomed men another week, and meantime allow the Magie law, which, des- pite 18 passage by « largo majority im both houses, miects with wide spread and violent popular opposition, to be properly examined. As might well be imagined the doomea meh were overjoyed upon being informed of the Governor's respite, even if only for a woek, The next surprise was 4 CURIOUS CHAPTER OF ENGLISH HISTORY. The principal witness against the prisoners was @ Mr. Jobn Fussell, who resides in the neighborbood of ‘tho bouse in which Brock was shot, He ewore very positively on the trial that Ryan and Uschwald were the men he saw fleeing from the sceno of the mur- der, He was m his own house at the time, at a window, and he called to the fugitives. One of his eyes 1s deiective, He was in- tensoly positive as to their identity, and his evidence had great weight with the jury, esterday Mr, Fus- sell turned up in anew und startling rdle. James Deiancy, a native of England, ty odd yeurs in this country, and bearing & high reputation iu. Newark for truth aud veracity, went to #eé Fussell yesterday morning and recognized him asa fellow momber of the Engish Chartist purty. Delancy went before Mr. Moercer, a Master tn Chancery, in Newark, and one of the Oschwuld counsel, aud made ailidavit setting facts as tollo And deponent further saith that he knew the said John Fi Hin London, kneland; that id Fussell and this de- 6 Wore members of whut was then known as th hurt having for its object achange of government of which party was « public one, but the committees And deponeat saith that said Jubu Fussell’s were sec Course in said party was very bitter against the then gov: ernment of Enyland thut be advoented and advised the so- nobility and offigint heads of the conspiracy the English yoverumeut by secret arsussina- tion; that sad party was broken tp ou the 10th of April, A43. while wtsempting to hold » publie meeting in London, m ty disperse; that a few days there: Fussell was arrested for couxpiring to the wuverumont und recret assussiuucion of its overthro! ruler. wud was tried at the Muy session wt the Old Bailey in suid year, ux near as deponent can recollect, and was convicted of conspiracy and attempting to murder and jurder, wud that he was senteaced to privon fur int of suid trial purty, was very bitter nsain government of England ; thut he advocuted the ussuxsination of its officers iu the prosence of the deponent, and that his course did nos receive the sup- port of the members uf said Churtist party; that he was one OF the tive leaders of the suid party, aud that he, With the other loudars, were convicted at the seasion Atoresaid; that one James Cafly, who advvcated the Same idew of assassination, was transported for life to South ‘ules, And deponent turther saith that sald Fusselt was considered by said purty wnd by deponent as a very danger: ous, but very iuseliigent man, And deponont saith that the jun be asked said Fussell this morning wax, “Did y in London in 18467" and I h 0 charter party ? That said Fussell hesituce: did, ‘aud that his name was Jobn Fussell. And deponent turther saith that he is not ucquainted with Oschwald and Ryan, nor with their families; only easuully saw Mr. Oschwald, Sr., this morning while this affdavit was being prepared. MES DELANCEY, JAd Sworn and subscribed before me this 7th day of February, 1877, at Newark, N. J. ' SaMUKL MORUOW, Ji, Master in Chancory of New Jersey. Yesterday afternoon Mr, Morrow came here to lay this affidavit beloro the Governor, with ether papers, MAXWELL’S DEFENCE. THE ACCUSED BROKER TELLS ALL HE KNOWS ABOUT THE GREAT FOLGERY—IMPORTANT LESSONS TO BROKERS. What part Goorge L. Maxwell played in the Jamous $64,000 forgery was again the subject of judicial in- quiry at the Tombs Police Court yesterday. The usual array of counsel occupied their accustomed geats, and a large numbor of people stood around attentive watch- ers, ornor has power to give ninety days trom the day of | Tho proceedings opened by a request trom Judge Duty that counsel would be expeditious, as much time had already been spent on the case, and immediately afterward Edward K, Aberius was put on she stand to testify to the character of the defendant, Mr. Abertus deposed that he had known Maxwell for-many years, and bad 's regarded bim as an upright aud houor- able man. MAXWELI! TKLLS HIS STORY. The defendant was then called to the witnoss stand in his own Lebalf and occupied tho remainder of the sexaion 1D reciting What be kuew avout the check. He began by saying that he was forty-four years of age and a broker by occupation; was not acquainted with either George W. Chadwick or L, A. Brown, but knew Horace KE. Brown; was introduced to the latter last fall; Brown was ut that time general mauager of the Moutauk Soap Works, at No. §2 Jobn street, Brooklyn; witness Wus agent for a concern in Wil:nington, N. C., engaged 1m the manulacture of wood oil, and, wishing to make ‘experiments to ascertain if gaid oil could be used ip manufacturing soap, sought the co-operation of Brown. Several interviews between the two with relation to the experiment 1m question were here re- lated, and witness continued Some time about the 23d of December I met Brown down town, and be stated to me that a large institu. tion was going to do considerable business on the strect, and he bad a iriend in 1t; he suid be thought he could get the business for me, und he thought the commissions should be divided; I asked what imstitue tion wus referred to, and he answered by remarkiny thot be would let me Koow at the proper tum agreed to undortake the busines: jow days after. ward I net Brown again, and no. said that the institu. tion Was ou {usurance company and that | would ve. put into direct communication with {t op the Ist of January; subsequently, and prior to the Ist of Janu- ary, Brown tokt me that the institution reterred to was the New York Life Insurance Company. A MYSTERIOUS MESSENGER, he next I heurd in relation to the Lusiness was on January 2, when I received a letter purpurting to be sigued, and which, so far as I know, was signed by Wilham H, Beers, resident of the company. It read as follows :— Nxw Yorx, Jun. 2, 1877. 8. L. Maxwutt—Being desirous tu change our broker, we beg to inquire the least you will charge ou the purchase or gale of gold, goverument wud other investivent securitics, Respectiully, WILLIAM H. BLiks, Please quote gold, say $50,000 and $40,009, Tho letter was banded mo in iny office by alow- sized man carrying a portiono; | supposed he was the ihwurance company’s messenger; | wrote a hasty answer, quoting gold at 107, and stating my cou. mission as 1-16 of ] per cent, and gave % to the me: senger; this Was at uoon; about two o'clock the same messenger came again, and took trot ‘bis portlulo another note on the printed letter head of the Now York Life Insurance Company, hand- ing tt to we; it was an order to purchase $0,000 of gold; I have lost this Jetter; the signature was not that of Mr, Beers, but of some other: officer, cashier, secretary, or something like that; this letter contamed the check for 225, which corre- sponded in amount with the sum I had stated In my memorandum as tuo cost of $60,000 gold and the com- mission; soon afterward Brown evtered my office, una bis object being to show that tno main testimony of the State is not entitled tocredence. In bebalf of Mr. Fussell st 18 stated that whatever he may have done in England was political in is character, His char- actor in Newark is without blemish, THR GOVERNOR'S RESPITE, Governor Bedlo issued to-day the fullowing State paper :— Sonerier si vill came to my hands, passed by both houses, requiring the allowancewt a writ of error aud stay of ex: ecution us a matter of course in all criminal caves punish- able with death. It was evidently intended to reach the Rywn and Oschwald case. The ch proncsed ie 90, im. portant to the administration of crim! law in this State that it becomes my duty to grant # further respit der that the bill may rovaive due consideration, and 6 the will of the Le /EDLE, Governor. ACTION OF THE SENATE, The Senate will hold a regular session on Friday next, to receive Governor Bedle’s voto of the Ryan and Uschwald bil It cannot act on It until next ‘Tues- day, when it is probable tbat body will then pass the bill over the veto. On Monday ovening the veto will be sent to the House, and on Wednesday following the Dill will be probably passed over it by that branch, The reason for the dolay 1s that two regular daily sessious must occur alter a veto before action 1s taken on it in either house. In case the bill becomes a law on Wednesday, but one day will be left in which to get a writ of error, ag the reprieve will expire on Thurs. day. ‘ ‘ THE MUNICIPAL CONFERENCE. BEDUCING EXPENSES AND INCREASING RE- SOURCES—SPEECH OF THE MAYOR AND COMP- TROLLER—HAVE WE HALF A DOZEN CITY GOVERNMENTS? ‘Tho Grst municipal conference, under the resolution passed by the Board of Aldermen, was held yesterday afternoon in the Mayor’s office, and proved of great interest, giving promise of much future good to the city. Among those present were His Honor the Mayor; Comptroller Kelly, Dr. Chandler, of the Health Board; Tax Commissioner Wheeler, Dock Commissioner Wales, President Wood, of the Board of Education; President Martin, of the Park Department; Vincent King and J. L. Purdy, Fire Commissioncrs, and Commissioner Campbell, of the Public Works, The Police Board was not represented. One remarkablo feature of the gather- ing was the formal introdactions necessary ; for, strange ‘as it may seem, the heads of departments were not all acquainted with each other, ADDKYSS OF MAYOR ELY. Mayor Ely, in calling tho Conference to order, stated that he had sent letters of invitation to all the heads of tne departments of the city government to meet in ac- cordance with the resolution passed by the Board o¢ Aldermen, The idea was that by these meetings the various branches of the government might be com- bined and oach give the other a hearty co-operation— first, to reduce the expenses of the city government, and second, to increase its resources, Each head of a department of course knew its requirements better than others. sy operating together and obtaining an ex- change of views much light would be thrown upon the condition of the city government and its general affairs, it seemed to him that for some time past there had been at leadt half a dozen city governments, and each battling with the other. Mere, united, they could work'together for the common benefit of ali, and any collision between two branches, ag, for in- stance, was the case between the Health id Police boards, would be avoided. Many very valuable sug- poet oc would, no doubt, be offered, In respect to jegislation for this city be thought that no department suould act independently to secure whatever lcgisia- tion was needed. The demand should come from the Mayor. President Wood, of the Board of Education, said the Mayor bad expressed his sentiments. Commissioner W, B, Martin said that he was certain the conterences would work much good and gi | nevyle a cieur insight into the condition of the city’s airs, THR COMPTROLLER'S REMARKS. Comptroller Kelly said there was one point they were allagreed on, and that was the desirability of having # homogeneous ety government, It was his desire thut every branch of it should unite, and 1nstead of acting separately asa department act ‘solidly as a city governmeot, When anything was needed the idea was to usk it in the name of the city through the Mayor, The idea of first ono department and then another running around to obtain special legislation for itself was absurd. He thought these coaterences would bring about not only a better understanding be- tween the oflicers of the goverament, but a better un- derstanding in relation to the legislation really needed by the city. REDUCING BXPENSES, ‘The Comptroller concluded by offering a resolution in substance as follows :— Resolved, That each department of the city g shall present its own views in writing on the qu the expenses of th reusing its reso erument d that meeting so 6 views of the city offivers in rexard nm and act with them. The resolution was seconded by Commissioner Mar- tin and was carried, Commissiuner Wood said additional legislation was needed in order that the Board of Education may ac- quire pew school houses, and he should be pleased to put the information bolore the Legislature in this way. ‘TUR COMMITTER OF CITIZENS. Comptroller Kelly offered a resolution that the com- mittee of citizens who recently conferred with the Mayor and himself be invited to attend the meoting on Saturday. The resolution was adopted. Commissioner Campbell made a which he foreshadowed good results from the con- ferences, and attera short and sem)-contiaential dis- cussion the Conierence adjourned until Saturday. PRIVATE OR PUBLIO. ‘Tho question arose at an early stage in the proceed. ings whether these conferences should be public or private, The majority seemed to favor the idea of pri- VYae meetin; The Comptroller and Commissioner Martin, hows favored the admittance of reporers and the public. Private meotings would be apt to breed President Martin thought the ot the Legislatare would consider some plot. ting was in order aguinst them if seoret sessions were held, and then the newspapers woula got it anyhow, 1, The Conference yesterday was strictly private, 1 said to nim, “1 have a check here froin the New York Lite Insurance Company and an order ‘to buy $60,000 old, and Iam going to get it cercified Lelore I parchase;” Brown replied, ‘I think that is the wisest thing you ever suid,’ WoW THR CHECK WAS CERTIFIED. ‘The witness then continued bis history of the trans- action in detail, by which it appears that he persoually took it to the Union ‘'rust Company Bunk tor certifica- tion, He banded it to the teller at the window, who satd, ‘Do you wish it certified?” Maxwell answored, “Yes,” and no further words passed. The teller called out in a load voice, “New York Life, $64,225,” and ded =the a clerk who looked + {t over it to another who stamped tt; the check was then handed back to the teller, who’ wrote on st and handed it to Maxwell; the affair occupicd teu minutes; witness did not know any of the persons bebind the railing; Maxwell tuen took the chock to the Bank of America and handed it to the paying teller, who, alter examination, wrote upon it tho word ‘good;’? Maxwell next re- turned to bis office, and, as it was presi three o'clock, concluded not to purchaso the gold until the next morning. He depusited the check with Blood, and gave Kichards & Cohen .an order to pay $60,000, guia. Tne next morning, Janaary 3, Maxwell was detained In tho Supreme Court, Chambers, ip a matter of litigation in which his brother wi ‘party, and reached his office at eleven A. M., wheo he leurned that Richards & Cohen had, through misunderstand. ing, purchased only $50,000, gol Witness told Whittemore, Bloou’s clerk, to pay for this $50,000, saying that ho woald order tho remaining $10,000, MAXWELL EXERCISES CAUTION, me messenger with tbe samo portfolio arrived at thi me und banded Maxwell an order signed by some officer of the New York Life Insurance Company, to del the gold to bearer. Maxwell wid the mes- Senger that it would be necessary for bim to get the signuture of the president, aud the man leit, Soon alterward be returned with the following order:— January 3, 1877, SOR ane Cisse waeaite lady og Mr, Oukley, = .« id, purchased for account of this com; y - pee rT amd W. tl, BEERS. Maxwell then placed in an envelope five gold certif- cates lor $10, each, und handed tho same to tho messenger with a note explaining that the broker had made an error in purchasin; promising to send the bulance up as soon ag possibie, ‘The messenger put the envelope in nis portiolto aud left, Subsequently Brown came into the office ot Maxwoll, and learning that tho latter was still $10,000 short asked him to purcnuse from him, Brown, aga part of the needed amount, a gold certificate for $500, wkich Maxwell did. DISCOVERY OF THE FORGERY. ‘The next day the messenger with bis portfolio called fort jance aud Maxwell paid it over, All Maxwell made on the transaction was bis regular commission, $37 50. On the 16th of January Maxwell frst heard the check was a forgery, Mr. Hays, the President of the Union Bunk, and one of the trustees of the Union ‘Trust Company, telling him. Maxwell went at ogce before the officers of the latter company and told all he knew about the check, Ho bunted up Horace K. Brown, who expressed astonishment at the informa. tion, ‘The next event was his arrest, No warrant, the pris- oner stated, had ever been shown bit, and the on! is detention, so fur as ho had beeu atermed, was the statement by Judge Dufly that he should be held for examination because his name was montioned im sundry affidavits.on the subject. Tho examination was at this point adjourned until Friday moraing. Maxwell’s testimony was given i eusy and lucid manner, and nearly all present fe impressed with bis innocence. THE ARMINTA’S VOYAGE. ‘FIVE OF THE CREW WASHED OVERBOARD DURING A CYCLONE IN THE INDIAN OCEAN, ‘Yesterday morning the British ship Arminta, Cap- tain Meyler, arrived at Martin's stores, Brooklyn, hav- ing been 120 days making the voyage from Valcutta to this port, The officers und crew were completely worn out by the terrible triuls through which they bad passed, Captain Meyler stares that on the night of October 6 the ship passed through a cyclone in the Indian Ocean, 600 miles eust of Calcutta, ‘Tho crew were all on deck, and bad but jar fintel preparing for the storw, when vessel took « terrilic sca o' the bows, which smashed the cutter aud both ski Another heavy sea broke over the port quarter at o'clock, when the skylights, the Winoacle doors were broken, and the cabin was Uiled with water to the dopth of about two feet. Captuin Moylor said farther that alter the ship was brought to the wiud ou the starboard tuck he found that not only was le thing gone trom the deck, but that ry Swansen, the carpeoter; James Culgan, seu- man; Thomas Bolner, seaman, aud F. Leary and Joho Ban, apprentices, had been wi bourd. The capiain sald that le was utterly impossible to endeavor to save the men, as a boat could not have Ii moment tn such a sea, Bud weathor way exp until within five days of this port THE STRANDED STEAMER. ‘The position of the French steamer L’Amerique on the New Jersey beach is unchanged since the last shifting of a few fect oa Sunday night. The ship now lies tn. a comparatively easy position, about “quarter on’ to the beach, but the sand, which ts rapidly gathering about her amidships, is making the chances of hauling ber around somewhat doubtlul. So far no storms of any great strength have occurred, bat, should there Bo fis udmitted Ly those famitiur with the coast that, Ip her light copdition, she would be in areat dang jespite ine ussurances of the Wrecking Company that she is sate. FELL FROM ALOFT. Pica Domonice, am Italian sailor, aged thirty-six years, while at work oa the matnyard arm of the bark Constantine, which was on her way up the river from fell to the deck, a distance of kui. Upow the arrival of vide he was removed to jospital, Thero i» but slight thirty fe the vossel ‘on tbe Brook}; the ae Isiand College hope of his recovery. EX-MAYOR O'NEILL'S TRIAL The trial of ox-Mayor O'Neill, of Jersey City, owing to tho absence of Important witnesses, was pal off fot ‘Mr. O'Neill and his counsel, Mr, Gtichrist, presesed ly it this course, as tho accused was anxious for a speedy trial, 8, 1877—TRIPLE SHEET. ‘only $50,000, and |: GREAT COCKING CONTEST. The Gama Birds of Albany and Troy in Battle Array. TROY THE WINNER. Seven Matches for $100 Each and $1,000 the Main. —-+—__—. ‘Troy, N. Y., Feb. 1, 1877, For the past three or four weeks the promivent patrons of cockfighting tn this moral city have kuown of an agreewent between Albanians and those living hereabout to test the qualities of their respective breeds of game birds in & malo, This amusement pros- pors excecaingly in all tho upper towns of the Hudson. Though ‘tighting” nights have been Irequent in this vicinity ever since Cbrigtmus, and the few cock pits that exist have proved vig bovanzas to their pro- prietors, there is invariably the same crowd of in- terested individuals on band, They never secm to tire of the amusement and, as_was the case last night, will travel miles to witness it CONDITIONS OF THR MATIX. This main of cocks, the first Oght tor big movey that bas occurred during tho season, it was arranged should be between birds of Albany and Troy, each side to show fiiteen, woighing trom 4 Ibs, 4 02. to 6 Ibs., and that all falling im of maiched weights should be fought for $100 a vattie aud $1,000 the odd combat, or main. Great care was taken to feed and put the fowl! in con- dition, Each side bad the services of old bands and men of great experience in this delicate branch of the ‘business, and so, when tho birds faced each other, they wero With eyes and feathors right, Aud with boels sharp aud prime, In condition tor the fight. Six weoks were devoted to the work of bringing them to the perfection of form which the feeders thought requisite, and so wany stories had been told of Albany prospects of victory, the ruling rates of betting during the past week made that side quite a favorite. How easy it is to be mistaken in cock fight- ing, like many other sports, and how the judgment of he oldest familiar with the recreation will occasionally go amiss, the sequel clea: ly shows, KYVOKTS TO PREVENT THE SPORT, ‘The main would have been a grand suceess bad there not been an effurt to prevent its taking place. The in- terferenco came from an unexpectea source, Never ip the history of tho amusement had a tight been inter- rupted iv Troy. Such interterence was never dreamed of, and when it was poised abroud yesterday afternoon that the agent of the Cruelty to Animals Society from Aibany bad appeared in town io stop the sport thero was amazement depicted upon all countenauces. The action o! the individual seemed beyond all comprehen- silva, and the case was summed up to the satistaction of oue knot of sports who listened to this explanation from an authority—**Now, you see, boys, this chap knows on which side his broud Is buttered, He never heurd of tho other inaing that bave voen fought here, Ob, no! but when anything of interest comes along he’s in at the death, you bet, Now, whatfor? Why, it’s not for gi I assure you.’? Whatever was the design of the official in question he signully failed of his object, though ho shouk the mud. of froy trom bis feet last night, feeling highly elated at what he con- sidered bis grand success. He notitled the police, The Superintendent hud heard nothing of tho intended tight, but zealously went into the work proposed with bis accustomed ea- thusiam. The agent told his story, and im the noigh- borhood of nine v’clock it was urranged that a raid should be made on the pit. It Was made, but the men who were wanted Wero not on hand. had smelt tho battle from afur, and did not care to gratify tne ambition of the officers. ‘Thirteen inoffensive roosters were tound and taken to the station house. Only one thing was lacking to make tho raid a sue- cess. Though chickens were found they happened not to be the right lot, not tue birds meant tor tube ing, asthe fatter had been removed long betore the police made their descent, TUR PIT AND THE GATHERING, As midnight approached the word was passed by the Giplomatic manager of the main just where to go, and quicker than the electric spark could convoy the in- formation those desiring to witness the fighting were di- rected the road tothe right pit. alt un hour after 300 were packed lace that might comiortabi: seat soventy-Ove. ‘he premises were resonant wit gallinaceous music. Imprisoned cocks in the roo above defiantly cock-a-dvodied at other cocks in the rear, aud as the weighing-in business went on cock- tails were the popular refreshment, while everybody ‘was cock-u-hoop in anticipction of the sport. The audience was like all such guthorings; cluster and welitaire diamond pins Gashed from tbe shirt bosoms of anumber of spectators, @mile heavy gold watch chains, with a charms attached, and diamond studs = dazzi: the eye. The sports were there in fall force, and several pubiic oflicials wo the fighting attention while they bet their little piles on the cocks. Physicians ‘wero there to detect with analytical eye the sojuries of the fowls and stake their money accordingly. Tho business man was there for a short rost from the cares of the day, waile clerks weived they bad the same right and also pat in au appearance. ‘A tew minutes before one o'clock it was announced that only seven matches had been made—a very sinall number for the birds showo. Yet tho seven fights oc- Soupied until morning, and the majority went away fagged out with the excitement. The handlers were old at the business. 3 TeX FIGHTING. First Fight.—The games begun with the heavy weights, euch 6 lbs. Troy showed a white Domiuick and Albany a brown-red, higher stationed than his an- tugonist. The latter was the favorite $20 to $16, and the betting was fast and furious. hoy set to work in clover carnostness, and the represontative of the A\- banians got an oye injured the first buckle, but ho topped, and gave Troy in return a slash in g and another ucross the back that made the later sick. Troy never came again, although he made a desperate eflort to recover, and, though the red was not quick in bis movements, he proved u sure cutter. At last T'roy turned over on his sido and eu- deavored to ward off the rasping guile of tho Albany bird; but it was of no use, and he was counted out in @ dying condition Tho Albany men raked in their money on all sides and playfully askod their Troy frionds how they liked chicken pic. Time, 14m, Second Fight.—Weights, 4 lbx, 15 oz The Trojans went into this cowvat with cheerful countenaaces. They presonied a gray Dominick, compact in form and dangerous - loo! while Albany sent in another brown red, of good shape and much strength. From all ts of the pit there were offers of $50 to $40 on the red, the larger number of which were taken, It was fly for iy, vuckle for buckle, Troy getting the worst of it, and afver fighting about fa minute the gray had a gaff sent through bis beak and Le dropped like a shot. There be remained and took the cutting of his merciless antagonist without flinching, until one blow surer than the rest cut ‘Troy's throat neat as a razor could have pertormed the job. Ho then sank into a heap and was removed dy- ing. . Albany tn nigh feather over the result, and Troy looked demoralized. ma. 30s, Third Fight.—Both 5 ibs. 502 Troy pitted another gray Dominick, very baudsome, and with a wicl eye. Albany met them with still avothor brown red, equally as ood looking. Tao betting was even, und plenty of it. At the third buexle Albany gave his triend a stinger in the body, but, us a reminder that he was Garoused, Troy sent u gull through Albany’s brain that knocked’ him crazy. The gray never let up after that stroke, and cutting the red in body and throat, the latter was picked up deud in 12s, 45m,—roy’s first victory, which raised their spirits excecdinyly. Fourth Pight.—Tho light weights, 4 lbs 402; 8 brass-back {rom Albany anda gray Dominick from Both birds looked well and each handler had great faith in the abiity of bis bird to ‘knock holes’ through the other, Tho Tro) beca: excited and olfered their money with a marvellous ab Albany accepting everything, thero w: amount depending on the result, together with & crash that They came resounded = all over the pit, but at the tourth fly Alvany got a leg knocked trom under him and that practically “settled bim.’? Cries of $20 to $2 rang out trom all sides as, seeing.tho beautiful brass-back unable to bulance him- self, the Trojans knew that the “Jig was up?’ with him, Much us the brass-back wanted to fight, ho was unable to do #0, yet he nover flinched under the tor: rible punt: ed, and with dogged endurance stood the ved until be was cut into ribvons and luy stone dead. The victory wus not con- sidered a grout credit to Troy, though the winners stood on their neighbors’ coat tails and shouted them- selves Lourse over the result, Time, 22m. Fifth Fight —Weights, 4 Ibs, 11 ozs This was a grand battle, The Trojans wore jubilant ax mattors Were coming their way, each side having two battles, Albany sent ina brown-red ‘shenny,” and ‘Troy stil another of their gray Dowinicks. Tho former was favorite and fully $1,000 were staked on the battle, There was wo delay and euch was astonished at the ratthng reception received. Tho gray was first to suffer, the *henny”’ in her vigorous drumming knocking bis right eye out, wud thon, following it up, sorved the left in the same way, leaving the Dominick stone bind. Troy elt sud, you her sorrow wus turned into joy when the gray began teeling around, and, soou as he touched a feather of bis antagonist, tighting furiously. The “heany” could not stop him, The more he got slashed the wore desperate the gray became. In one of his efforts he brained the ‘‘henoy’ and she went down as if bit with a club. Stab and stab followod, until the gray so “loaded”? Albany's prido that tho former was made tho favorite, Huth wore as game as ever flapped a wing. Albuny disliked the taro mat ters hud thus taken, and Troy felt correspondingly happy that they hud a chance of wresting vietory from the very jaws of defeat At last the nny” suc. cumbed, and was counted out. When the only colored | gentleman in the pit fot itas his opinion that “this ny is tbe gamest | ever sco’? it had a hundred tn- ‘Time, 32 minutes, Troy Was now one d as another victory would win them tho jn there was much excitement, ‘Sizth Fight, Weights, 6 1 Albany handled a brown-red, and Troy a lemon pyle, The agony was goon over. Albany’s favorite got bis throat cut the first fly, and the blood began Mlle J him to doath. A The whird dy bis trouples wore ——< blow, aad anes any Fescepod je ap iB ela " and: gave. os m seconds, Thhalghve ho Rain 10". - mie’ Seventh Bight. —' Op remained to witness the Jast battle, Troy abotber Dominick and Albapy a black-red. It was a rattling combat tor two or three -minntes,, wher - fed brained, which crazed him. After crack of the same kind be exhibited symptoms it it Was not so, asthe bird was a Troy counted him out tn just 11 minutes. This ew the fighting, Troy baving secured five batties and Al two. It was now six A. M.-und the crowd quietiy dis. persed, No doubt bap fi of the betting men, or at least the winners, felt asdidthe only colorea gentioman present, who, 1p throwing bis cap in the air, shouted, “Bress dem ‘Dominickans.’'* SALE OF THOROUGHBREDS. : Owing to the death of David Crawford, partner in theracing frm of Thomas Puryoar & Co., the entire stable was sold by auction at the Vulley Brook Stud Farm, Rutherford, N. J, (the late residence of Mr. James Watson), yesterday afternoon, There were nineteen lots 10 the catalogue, and they were kuocked down at prices that suited the buyers exactly. they were worth a great deal more than they sold for, THR BALK ’ Tho auctioneer announced the sale as absolute, posi. tive and without reserve, If Mr. Puryear should bid, ho said, 1t would be for himeelf bond fide and not to run up the price, The terms of the sale wore cash. ‘The well Known stallion Narragansett, foaled ip 1866, by imp. Eclipse, dam Jossie Dixon, by Ar- Ungton,-was fires on the catalogue, and was led into the circle plunging and pawing und apparently in splen- did condition. ‘Every colt sired by him won a race last year, gentlemen,” said the auctioneer, ‘How much am Loffered?” The first bid was $500, and by slow degrees the prico was raised until $1,005 was offered, Thon $1,010 was bid by Mr, Vanderhoef, to whom the horse was declared sold, Warwick, a bay horse, foaled im 1872, by imp. Leamington, dam Minnie Minor, by Lexington, was bought i by Mr, Puryear tor $220. That gentioman aixo bought for $115 the brown colt Black Cloud, toaled 174, by Narragansett, dam Lizzie Berry, by Lexing- ton. nguged in Withers, Belmont and the Jerome at Jorome Park; Je Derby, f. Long avers and Kenner, S77. He a 1875, by nut colt also fell to his share at $145. This was foaled 1875, by Narragansett, dam Paatira, by Censor, Engaged in Suratoga und Kentucky Stakes, ‘ravers and Kenner Stakes, Il at Saratoga, Mr. Puryear also purchased for $110 a chestnut colt, foaled 1875, by Nurragausett. dam Julietta, by Cen- sor. Engaged in Narsery, 1877; Belmont and Jerome, 1878, at Jerome Park; Saratoga and Kentucky, 18773 Travers and Kenner Stakes, 1878, ut Saratoga. Mr, John Hinchman bought for $300 the chestnat foc ers foaled 1872, by Narragausctt, dam Juhette, y Censor. Mr. Picrre Lorillard bought threo brood mares—First, for $500, Lizzio Berry, dam of Vosuvius, a bay mare, foaled 1889, by Loxington, dam Louisa M. Borry, by American Eclipse; in foal to Warwick. Second, for $600, Minnie Minor, a bay maro, foaled 1860, by Lex- {ngton, dam Julia,’ damn of Julius, by imp, Glencoe; lost twins a fow days since, Third, lor $350, Chignon, a bay mare, sister to Climsx, foaled 1861, by-imp. Bal- rownie, dam Jewel, by Arab; in foal to Warwick. Mr. D. T. Withers bought for $325 Julietta, a chost- Dut mare, foaled 1867, by Censor (son of Lexington), dam Julia, by imp. Glenooe. {n toat to Warwick. Mr. H. Winter ight for $150 I: foaled 1867, by Conor (son of Lexington), vy Revenue. In foal to Warwick. Mr, Edward Clark, ot No.7 West Twenty-second street, became the owner at $410 of Top, a bay colt, foaled 1874, by Narragansett, dam Chignon, by imp. Balrownie. Engaged in Withers, Belmont and Jerome Stakes, at Jerome Park; Ocean Hotel Stake, at Lon; Branch; tbe Travers and Kenner, at Saratoga, 1877. ‘The same gentlemen purchased tor $255 a brown mara foaled tn 1873, by Narragansett, dam Pastura, by Consor (son of Lexington), Mr. Georgo Lorillard bought for $1,270 Kingsland, foaled 1874, by Narragansett, dam Maidstone, by Censor. Engaged in Withers, Belmont and Jerome Stakes, at Jerome Park; the Robins, at Long Branch; the Travers and Kennor, at Saratoga, 1877. Mr. G. Lorillard also bougut tor $400 a bay colt, foated 1876, by Narragansett, dam Chignon, by imp. Balrownie Engaged in the’ Duswell and’ Harding Stakes, at Saratoga, 1878. Dwyer Brothers bought the bay filly Palmetto, foaled 1874, by Narragunsett, dam Minnie Minor, by Lexington, Engaged in Maryland, Ladies’ and Hunter Stakes, at Jerome Park; West End, at Long Branch, and Alabama, at Saratoga, 1877, for $700. These gen- tlemen also bought a fine chestnut colt, foaled 1875, by Narragansett, dam Minnie Minor, by Lexington. En- gaged in Nursery Stake, 1877; Belmont and Jerome, 1878, at Joromo Park; Kentucky and Saratoga Stakes, 1877; Travers and Kenner Stakes, at Saratoga, 1878. auimal suld was a buy filly, foaled 1875, by Narragansett, dam Lizzie Berry, by Lexington. gaged in Grinstead, Dogwell and Harding Stakes, 1877, at Saratoga, It was bought by J. W. Stout for $180 “HORSE NOTE. Mr. R. Ponistan has sold bis trotting chestnut geld- ing Richard to Foster Dewey, of this city, for $5,000, Tho sale took place on Tuesday evening. Richard isa magnificent trotter, having a record of 2:25, 2:25, 2:263, in three heats, at Saginaw, last summer. Richard in good hands should be able to trotin 2:20 this season. He Is well bred, being sired by Blue Bll, dam by Sir Leslie; stands 153¢ hands and is faultiess im his conformation. Mr. Dewey has secured a prize, PIGEON SHOOTING. MONTHLY CONTEST OF THE FOUNTAIN GUN CLUB, ‘The regular monthly contest at pigeon shooting for the club badge of the Fountain Gun Club, of Brooklyn, took place yesterday on the club grounds, Ocean Park- way. The attendance was unusually large, bot tho meoting was a disappointment to the shooters, owing to the non-arrival of a lot of birds that had been en- gaged and promised, They had consequently to shoot at threo birds each instead of seven, the usual number. Tho birds were good, and the shooting fully up to the average, Tho Fountain Club ose a splendid retreivor slut for gathoring their birds. Tho following 1s a sum- mary ot the day’s sport. Guounps or rae Fountain Guy Crus, Ocean Parn- way, L. L, Reheuery Lo Mapts pigeon shooting tor club'badge. Three birds each, 21 yarda rise, 80 yards boundary; Fountain Gun Club rules, Killed, Missed. Josophs ae BS 3 ° Sheridan... 1o1 2 1 1 o*1 2 1 lol 2 1 11.0 2 1 1 oF1 2 1 1 o*1 2 1 1 oF 2 1 1 1 2 2 0 1 2 1 1 ld 1 2 0 1 1 2 1 0 1 2 0 0 0 3 land Shooting Club, SANDY HOOK PILOTS ANOTHER DECISION OF INTEREST TO THI STEAMSHIPS—A PILOT'S RIGHTS. Yesterday Jadge Benedict filed the following impor tant decision tn reference to the right of pilots to ocol- lect their fees when tender of servico bas been refused by shipmastors entering the harbor:— James Callahan against the brig Nellie Husted.— This ig an action to recover pilotage, based upon a tender and refusal of services at such a distance from Suudy Hook lighthouse that it could not be seen {rom the dock fn fair weather, Tu swer re that sub- sequent to the hbollant’s tender of services a pilot wus tuken and paid, but no evidence 18 produced in support of the averment A tender and refusal is proved by the libeliant, and tnat he was the tirst pilot tendering bis services. The question supposed by the defeudaut to be presented 19 whether under the laws of this State, as now construed by the Court of Appeals, in the ast case upon the subject, Gillespie s §«‘tillotsen §=6 (60s New «York, 449) and by the Circuit Court of this State, in the case of the bark Nevada, following the Court of Appeals (Huut J., August 16, 1876, N. J.). A recovery for pilotage can be bad upon proof of tender of services a re. fusul thereol, without proving in addition the nega- tive fwet that no pilot was taken. U; 6! Upon this question I incline to the opimion thut, although prior to the construction lately put upon the statute of tne State vy tho highest court of the State a tender of services was considered suiticient to raise ‘an implied promise to pay the amount spocitied in the statute.” According to the present understanding of the statute a tonder of services and @ failure to take ae pilot must ppenr to order «to raiso such an implica promise, Bat it does not follow tha in this cuse the libet must be dismissed, As this view of tho law casts upon the libellant the burden of showing a negative justice requires that it be buld bat slight circumstances will be suilicient to warrant tie inference that nu pilot waa taken, In the presont caso the defendant has taken upon himsell to aver that a pilot wus taken, but he offers no prool whatever in support of his averme: while the libellaat has proved, without objection tak that after the vessel arrived’he maue out bis bill and presented it to tho master of the vessel, who not only. made no objection to it, but suid it Was all right. This admission of the master by implication admits that no pilot was takeu, tor if a pilot had been taken the vil) Was not right, In the abseace of any evidence for the defendant, when proo! from him was. easy, the admission of the imuaster sbvuld be deomed suill- clent to warrant the inference that im fact no pilus was taken, If thisinforence be incorrect it can be shown to be #o by further testimony taken on applica. tion to this court or on appeal. Lueem it proper to add that the law stated is intended to be conined toa case whore, a8 in this mstance, tho liability is claimed, 10 be aniven te the statute of tho State, re being no dispute as to the tonnage of tho fel thore must accordingly be a dearee th favor or the libellunt for the amount claimed, with interest and to by @ bean | costs t nnn ESIOA: Se