The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1871-10-26
NEW YORK.
Nationa, Insurance Conven,,o,

National Insurance. Convention
NEW YORK, Oct. % The Insurance Con.
Ventlon is debating the resolutions that the
uniform rate of taxation On fire companies he
que per cent. on gross premiums, and on ma
rlne companies; and one half per cent or
death policies, aud one per cent. on every 9th.
er KIND OF policy of life insurance companies
Decline in Coal.
At an auction sale of coal to-day, stove coal
sold at decline of twenty and fifty cents;
erate e. decilLed ~ cents and S1.00; egg rs cents
and S1.00; chestnut, rs and 80 cents. One hun.
dred thousand tons were sold.
American Bible Uaion
Tbs annual meeting of the Am. Bible Union
commenced to day. The Treasurer's report
shows the receipts to amount to $53,6S4; bal
ance 50 1874
Criminal.
Breed, the foreer, attempted in the Tombs
court to day, to swallow evidence of his guilt
OF forged check on the Stuyvesant Bank, but
was prevented by detectives
Patrick Kelley, charged with dealing in
counterfeit money, cut bis throat with "a zor
In the county jail last night, and is under med
lca treatment.
Railroad survey.
A telegram from Hancock, dated St. Paul,
announced the rapid and successful survey of
Yellow Stone Valley from the west as far as
Powder River. On the 10th, the expedition 10
the mouth of Powder River was within day
OF Tort l.lCe on It's return. The COultry was
found much better than expected.
The convention has rejected the amendment
to the report of the committee on taxation pro-
vding that the uniform rate of taxation be one
per cent. on gross premiums of fire companies
one half per cent on gross premiums of ma
rlne companies, and one half per cent on pol
icies of life insurance companies, terminable
at death of assured, aud one per cent. on all
other form of life policy.
Various Matters.
The suspended Lamar Insurance Co. is said
to have enough assets to meet the Chicago
losses of $3.50, 900, and leave $500, 900 over. 1t
VIII doubtless resume with paid up capital
A jury has been obtained in the Rosensweig
case, and the court adjourned till to morrow
First Move Ola the Ring.
The News Says tina; preliminary movement
on the Ring is commenced by an action ia
equity to be prosecuted by the Attorney Gen
etal acting through Charles O'Conor against
will Immediately follow and they will be held
to bail in $2,0O0,0Oo to answer any judgment.
The papers are lengthy and are alleged to be
accompanied by accounts tracing large sums
into Tweed's possession. Another county is
expected to be the scene of legal operations,
probably Albany, as Judge Barnards fidelity
is the cause OF reform is doubted. Corporation
counsel O'Gorman has associated George
Icknor Curtis with him in the action in the
Supreme Court on behalf of the city to recover
monies alleged to have been fraudulently OBJ
tanned. The necessary papers were served on
Ingersoll, Keyser, Tweed. Connolly, Miller,
Davidson, and others.
Republican Meeting.
AT mass meeting of Republicans at Cooper
Institute to ratify the State ticket, Horace
Greeley was Presinent and made brief remarks,
urging harmony among Republicans. Letters
were read from Senators Conkling and Fem
ton, expressive of a regret at their absence and
expressing hope of the success OF the party.
The principal speaker was VIM. M. Evarts,
who denounced the corruption of the city gov.
ernment, which, he said. if it could not be
reme1ed by ballots it would have to be by
bayonets. Judge Pierrepont, Marshall Sharpe,
Charles Spencer, and others, also addressed
the meeting. er
A meeting of Germans tonight adopted res
olutions declaring their support to none but
honest and capable men irrespective of party.