The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1873-07-21

NEW YORK.
Suspension of the Brooklyn Trnst Conn
pany-A Dishonest Omcial and His


End.
NEW YORK, July 19.-The suspension of the
Brooklyn Trust Company was great surprise
to Wall street, and caused a temporary depres-
sion on the Stock Exchange to-day. Many of
the brokers were in the habit of borrowing
money from the concern, and not One of them
even suspected that anything was wrong The
capital of the concern was 100000; surplus
100000 and deposits S., 100000
Mr.. Mills, the late President, is defauter
to the extent of $146000 and has left S150,000
in the Willimantic Airline Capital Railroad
bonds, which have some value, but not enough
to cover the amount of cash taken. Mr..
Cbauncey, one of the directors, has been trying
for long time past to get up an examination
of the company, but the directors generally OBJ
iected, as it would be reflection upon Mr..
Mills. AT last he obtained consent of five of
the directors, the requisite number required for
examination, and as soon as Mills found this
out he committed suicide.
1t is stated that the personal accounts of E.
s. Mills, late President of the Brooklyn Trust
Company, who was drowned at Coney Island
last Tuesday morning, are overdrawn 100000,
and that he allowed the loaning of over $780,
900 of the funds of the institution upon doubt
full security.
The surplus of the company has thus been
swept away, and its capital has been impaired
about fifty per cent This much has already
been developed; what more remains undiscov-
cred only time can tell; but the present direc-
that the company will not be fatally embar-
raised.
Aid to Cubans.
General Quesada, brother-in-law of Presi-
dent Cespedes, and appointed confidential
agent of the Cuban Republic, arrived here yes
terday, bearing dispatches to the Columbian
minister at Washington concerning Cuban In
dependence. He states that 1900 troops have
been promised from Mexico; that Peru will
probably soon render assistance, and arrange
,fan hnt1 IL e., 1.n11
ton a conference of representatives from all
South America republics to promote Cuban in
dependence.
The Defaultins President.
New YORK, July 20-The belief that Mr.
Mills, late President of the Brooklyn Truss Co.,
committed suicide, is becoming quite general.
1t is said that on the day before his death, some
of the bank directors informed him that an ex-
animation OF his accounts would be commence
ed the next day. Monday afternoon Mr.. Mills
obtained full settlement of his land agent and
deposited the check which he received from the
latter in the Nassau Bank to his wife's credit.
After this transaction he settled the accounts of
his butcher and baker, which were usually paid
at the end of each month. All the well authen-
ticated rumors circulated last evening are to be
credited with relation to his conduct at Coney
Island during the last night of his life, gives
rational support to the suicide thory.
Fraud OH American Watch Makers.
There has been great complaint the past two
years by the manufacturers of watches in this
country that their trade has been seriously in
jured, and the reputation of their watches i'm
paired by foreign firms who import inferior
work with fac SMILES of trade marks of our
own makers. The facts having been invest-
gated by Col. Frank E. Howe special agent of
the Treasury Department in this city, his Off
GERS to-day made a raid upon several of the
suspected parties and seized over u thousand
watches of foreign make with American trade
marks pnuravp1 the works The forunp
of American trade marks upon foreign watches
was made crime by law of the last Con-
gress and the stoppage of the traffic is a mat
ter of the greatest Importance to all home
manufacturers of watches.
1t is stated that he did not retire to his bed
room till a very late hour and the next morning
it was found that his bed had not been slept in.
At the time of his death these facts were studi-
ously concealed, but yesterday those in possess
sion of them concluded that further secrecy
was useless. 1t is said in Brooklyn to-day that
the examination of the books of the bank as
prosecuted last night, develop loss of $780,
000 1t was threatened last night that
rant would be issued for the arrest of Secretary
Rodman, who continued to countersgn Mills
checks although he knew that his account was
heavily overdrawn.
Accident.
Yesterday afternoon while the match be-
tween the Mutuas and Atlantic base ball clubs
was in progress, a scaffolling overlooking the
field containing about fifty persons gave away,
seriously injuring number OF them. Two
were picked up with broken arms, one with a
broken ankle and another with internal injur-
les.
Various Matters.
1t is rumored that the late Mrs. BROKER was
poisoned, and her parents desire an official in
vestigation, but her sisters, Woodruff and Olaf
lin, declined any action in the matter.
Several important tax records OF Brooklyn
are missing, and are believed to have been re-
hxvc of fba Iafa IInu n n
former Irregularities
The specie shipments to Europe to-day were
81, $4,000, of which 81, 100000 was in gold coin
and $350000 in silver bars.
A quarrel arising from jealously took place
this morning at No. "a Clarkson street, be-
tween Michael Lunney and Peter Mckenna,
during which the latter was fatally stabbed.
McKenna was arrested and Lunney was taken
in dying condition to Bellevueihospital
The steamers City of Chester and Batavia
from Liverpool, arrived to-day.
Three men were accidentally killed in Schen-
ectady, and one killed in Auburn in this State
to-day.
In pursuance of instructions from the French
minister of foreign affairs, the French Consul
General has issued a call to those of his ma
tionality residing in this city, under 20 years of
age to register their names as French citizens
at the General Consulate.
The three o'clock a. M. newspaper eX-
press train to Philadelphia has been discontin-
ued.
1t is now stated that the LOSSES of the Brook
lyn Trust Company through the defalcation of
the late President Mills, exceed 100000.
Mary Brady while crossing Broadway this
afternoon, was run over and killed by a fire
truck
The deaths of the week were S95.
Family Trouble.
ALBANY, July 19.-This evening Michael
Manning entered the residence of Peter Nc
Namara, who was in room with his wife,
Mcnamara Immediately sprang upon him with
knife and inflicted a wound in his abdomen
which may prove fatal He afterwards charg-
ed Manning with coming to the house to see
his wife. Mcnamara was arrested.
The Fall River cotton mills will suspend two
weeks in August.
The French Assembly will take recess from
.TuIv 9th tn Nov eth