The Portland daily press., 1871-06-02
MAssAOHUs ETTA.
COmsseanlional Uniom.
NEW YORK.

NEW YORK. June The iron dealers, rep
reseniing about fifty millions and capital Of
twenty millions, met at the Astor House this
morning to consult for the general interest Of
the trade James L. Walker.of Troy, was APP
pointed temporary chairman. A permanent
organization was effected as follows; President,
James N. Burden of Troy; Vice Presidents
Jamrs e. Wallace Of Troy. and Nathan Row.
land Of Phladepbia; Secretary and Treasur.
er, William E. Baker Of Philadelphia; Mau-
ayers, Oliver Williams Of Chatauqua. N. Y,
Stephen Robins of PHILADELPHIA, Philip D..
Borden OF New York, William f. Coffin OF
Boston, Josiah T. Bailey of Philadelphia, and
DAnder N. Lowell.
The members Of the Cotton Exchange to.
day, decided to close the Exchange al 2 D. NJ.
during the summer months. A Committee an
pointed to nominate officers for the ensning
year rep0rted. for President, Stephen D Har-
risOD; Vice President. John W. Earle; Treas
urer, Arthur B. Graves; and full board Of
managers. An opposition ticket has been but
forward with j. T. Wenman for Pr. sident, Ind
full board of managers.
Insurance CoMvessien.
The National Insurance Convention oon-
cluded its business to-day and adjourned till
DextOctOber. Both the majority and minori-
ty reports of the committee on taxes were laid
on the table and a resolution adopted that the
matter OF deposits should be left entirely to
States themselves, with q recommendation
from the cOnven lion that where the deposit OF
a guaranty capital not less than 800 900 he re-
quired by the laws of the State for the bene fit
OF all policy holders it is unwise and unueces-
sary to require additional deposits in another
State, Resolutions condemniDg the attempt
to dictate to State insurance officers on the
part Of perslnS representing special Interests
or individual companies asserting that insur-
ance companies shOuld unite in Withdrawing
the patronage from all publications conducted
in spirit of malicious hostility to and impair
tial administration Of insurance laws. and ap-
proving the policy Of personal examination 8
of the companies, excited q long dist usson
and was finally laid on The table.
TIE RoeG Concern Qaarrei.
A hearing of Rev. DIR. Lanahans applica-
ton for q mandamus to allow him TO ex anime
the books OF the Methodist Book Concern was
postponed to-day to tIe next term of the Su-
preme Court in consequence of the failure Of
the failure Of his counsel to serve on DR.. Carl
ton copy of the new affidavit which he had
obtained leave to submit. In this affioavt Dr.
Lanahan repudiates AMI denies all the it's n, a.
tioBs that he is inimical or unfriepdly to the
interests OF the Book CONCERN as alleged by
DR.. Carlton. He says that no interruption Of
the business can possibly be caused by an ex.
animation unless he desires 10 make it, as the
books to which he seeks access have been writ
ten up long since, aud presents the affidavits
Of the cashier OF the Shoe and Leather Bank,
the only one in which the Book Concern kept
an account during 1868, showing their average
monthly balance OF that year TO be only $500,
instead OF $3.50 as appeared from the books OF
the Concern. DR.. Lanahan says he wants &C.
cess to the books to procure evidence for his
defence, and in the Goodenoueh SANDER snit
brought on account of his charges of m,sman-
aeement and corruption in purchasing supplies
for the Concern. f@ae
GreaI increase Of Rrcighss.
All the trunk railroads West have increased
the freights to Chicago SO q per cent. to-day !,
and to other points in tue same proportion. 3
he National Game.
The Mutuals defeated the Forest Citys to
8 to-day.
Pleads Guilty.
William Anderson, a prominent merchant OF
this city. who yesterday sent U. 8. Judge Ben
edict a note that he would discharge one OF his
employees if he was held to do Jury duty,
pleaded guilty to an indictment charsing him
With an attempt to obstruct the administration
OF Justice, but upon explanation that he acted
hastily and without evil intention, sentence
was suspended.
ship sunk and Less OF Life.
The steamer Hansa, which arrived to day
from Bremen, was 10 collision at 2 20 yester-
| day morning with the Norwegian bark Rhea
from Rotterdam for this port The Rhea sunk
aud the captain and seven sailors were drown
ed. Both mates and five seamen were saved