The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1873-10-06

NEW YORK.


Financial.
NEW YORK, Oct. 4.-The following notice
has been issued from the Clearing House:
During the issue and redemption OF loan GER
tifcates the weekly bank statement will be dis
continued.
G. White, who had temporarily suspended, set
tied up and were admit. to the Stock Ex-
change to-day.
Rnfus Hatch. whose temporary suspension
was announced few days since, has paid mis-
creditors in full this morning.
The Evangelical Alliance.
The Evangelical Alliance met at Association
Hall, and such a crowd was IN attendance that
another meeting was organized in Dr. Crosby's
church on Twenty fourth street. At the latter
addresses v made by Revs. Drs. Marston of
London. an ,onrad of Philadelphia. At the
regular NEE, 90 DR.. Woosey presided, address
es being made by Dr. Hoge, who spoke on the
s'Unity of the Church." arguing that each de-
nomination should recognize the sacraments OF
the other. Other addresses were also made by
Drs Potter, Crooke. Payne, Smith andthe dean
of Canterbury.
At the afternoon session of the Alliance
Bishop Bedell of Ohio, read paper disprov-
ing the charge that Professionalism is failure,
and went on at length to show that denomina-
tionalism was not fatal to the unity of the
unity of the church. Denominational distinc-
tions arise from national prejudices, physical
build and mental capacities, and there will be
denominations till these peculiaritles become
uniform The unity of the church is cOnsis-
tent with its UNCONVENTIONAL distinctions.
Rev. DIR. Cook of Paris, said there was great
unity among christians in France
Rev. DR.. Voel of Berlin, read an address in
German.
Rev. DR.. Conrad of Philadelphia, urged the
frequent interchange of pulpits.
Benediction was pronounced by Prof. Premier
of Geneva
Monday evening the services in Association
Hall will be in French.
The Conference terminates one week from
tomorrow night.
What Jay Cooke Offers TO DO.
Jay Cooke & Co., have completed their de-
tailed statement of their assets and liabilities,
and in connection Herewith have prepared
form of agreement for settlement to be present
ed to their creditors for their consideration.
The main features of the proposed agreement
are as follows:
The members of the firm of Jay Cooke &
Co., surrender all their partnerships and indi-
vidual property. A trustee, Hon. E. A. Rol-
lins late Commissioner of Internal Revenue,
will have the management OF the estate, thus
saving a cost and expenses. Dividends will be
| made whenever a trustee has cash on hand SUI
| ficient to be divided commencing very soon af-
| ter the agreement is approved by the creditors.
| The creditors surrender no rights they now
| possess, but merely accept the advantages of
| the trust created for their benefit, and the
debtors can gain nothing except the surplus.
which they hope to secure by an economical
| and judicious winding up of their estate Full
powers are given to the trustee but he is to act
| under the control of committee representing
| the creditors consisting of S. M. FELTON,, late
| President of the Philadelphia, Wilmington and
| Baltimore Railroad, VIM. G. Houston, and
| Dell Noblet, Jr., President of the Corn Ex-
change Bank, Philadelphia. Negotiable Ger
ticates of the interest of any creditors in trust
of the estate will be given by the trustee. After
| all the debts are paid in full the remaining
property will be resigned. 1t is understood that
| the firm do not propose to call general meet
| ing of their creditors as they have been doing
| business in three different cities and the credi-
| tors are so scattered as to render such meeting
| impracticable. They have, however, addressed
| letter to each creditor SO far as known, sub
| hitting their proposition. Any creditors fail
| ing to receive such notification can examine
the papers at the office and at the firm at Phia-
| phia, New York or Washington.
Yacht Race.
A race for $500 cup will be sailed on Mon
day, III miles outside of Sandy Hook and re-
turn, by the yachts Meta and Vision.
A FOODS Errand.
Seventy Cuban patriots sailed Saturday on
the steamer Atlas for Jamaica, including Gen.
Ryan, who was released from Jail by having his
| sureties covered.
Various Matters.
Deaths of the week, 507.
Ex-City Treasurer Sprague and his deputy,
| M T. Rodman, were both indicted to-day in
| Br0OKlVn 1Or 6mDeZZlet0eHG anu IndlIeaSdnC6 L
| Office Rodman was bailed in $4,000 No
bail was fixed for Sprague
| Kessler clerk of the Brooklyn Comptroller
was about to be bailed to-day on the charge of
| robbing the office of two bonds, when it was
| found several others were missing, and bail
was refused. He was committed.
Gen. Ryan, of Cuban notoriety, was arrested
to-day for jumping his bail and was put in Lud-
low street Jail
The Produce Exchange decides next Tuesday
| A. ,on ofoSt 10 fhn NJ
tional Board of Trade.
The steamship City of Brussels brings $685.
600 in freight.
Brig Gambia from Brunswick, Ga, arrived
tonight. She has the captain and crew of the
brig Waltham OH board, having rescued them
from tile wreck of that vessel.
| Ten thousand dollars worth of laces were
received by the custom house officers Saturday.
The statement by Lucette Myers to repor-
ter Saturday, that she was in Goodrch's house
and in the next room when the murder took
place. March 16th is generally discredited
| At a meeting of the Apollo Hall Democratic
Executive Committe, it was voted to support
the regular nominations made at Utica.
The main: pipe of the Hoboken Water
Works burst last night. A water famine ensu-
ing.
A Boston boy seventeen years old, Saturday
outwalked all competitors at a walking match
at Harlem.
The Cottoa Exchange Saturday raised $500
for Memphis.
Sepley's oil cloth factory at Newark, was
burned last night. Loss $50, 900.
Thirty feet OF tunnel on Fourth Avenue neal
Goth street. caved in Sunday stopping trave
several hours
The Senatorial Committee of Privileges and
Elections, which was directed by the United
States Senate to report at the next meeting Of
Congress plan for changing the present mode
of eecting President, is here and will hold 6
session to-day
| Services In, tho C5,urcl,es
NEW YORK, Oct. 5-The Dean of Canter-
bury spoke to-day at the Church of Ascension
on the desirabilty of among Protestant denom'
nations. He said Notwithstanding the secta
rian differences, the basis on which the Protes-
tant denominations are established is the same,
and he thought that the present Evangelical
harmony Of action, especially in the missionary
labor.
AT the University Place Presbyterian churct
Rev. Mr.. Sheshdria of Bombay, India, dis
coursed on the condition and prospects of Chris
tianity in that country.
All the churches at which delegates to the
Evangelical Alliance spoke this morning and
evening were densely crowded.
Speeches similar to those delivered at tht
Academy of Music were made at Steinway
Hall in German. The large hall was taxed tt
its utmost to accommodate those inside, while {
large number of persons lined the sidewalk out
side.
New YORK. Oct. 5.-There was an immense
audience at the Academy of Music tonight
Felix Bruno presided.
The Dean of Canterbury, in the opening
prayer, prayed that all the walls of separation
between churches be broken down.
Rev. DIR. Knox of Ireland, made an eloquent
appeal that all would abide in Christ
Rev. Naysan Sheshodra of Bombay, gave an