Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-06-14
NEW YORK.
Al Banking House Swindled out of
S2S,000.
The Highly Educated Gentleman who
MD tina Lob SILL naiaainnr

Il
$28,000.
The Highly Educated Gentleman who
Did the Job still Missing.
New YoaK, June lS.-The police have
n ot yet foundJ j. II. Horton, who yesterday
swindled the firm of Osgoad 81 Co., out of
about twenty eight thousand dollars in gold.
| Several weeks ago Horton entered the
banking house of p. S. Paterson 81 Co.,
Philadelphis, and expressed desire to open
an account With the firm and with that pur-
pose in view he offered to deposit on ac-
count considerable sum, which was accept
ed and an account opened. Horton con-
| tinued TO increase his credit account, by de-
posting several checks until Wednesday,
when be stated that he wished to go into
certain stock speculations in New York,
and Peterson d Co., granted him letters OF
credit on two houses here, and authorizing
Horton to draw upon them for thirty
thousand dollars. Yesterday Horton made
his appearance in the Office of Osgood q
Co., Broad street, and PRESENTED . letter of
credit for SCI, 1000, remarking that he should
probably want to draw all of the money
and perhaps more, as he wished to go into
the street AID speculate. Osgood 81 Co.
demurred, whereupon Horton directed them
to send dispatch TO his Philadelphia ban
kers and have q TRANSFER made. The trans
fer was promptly made and everything be-
ing satisfactory, SIG, 780 in gold was bought
and paid over to Horton who had mean
while remained in the outer Office and then
vanished. A later dispatch was received
from Peterson & Co., cautioning them
against paying any money to Horton as the
checks and drafts cashed for him in Phila-
delphla had been discovered to be forgeries.
twas too late. .te
LATER-Horton's swindling operations,
it turns out, include two hundred shares OF
Reading railway stock received for certih
cate of two hundred shares Pennsylvania
road stock from Reed & McGrance, of Ian
caster, Pa, VIII Oh he had raised to that
amount from one share. Horton has re-
sided the past six years in Lancaster occa-
siOnally visiting this city.
The Cotton Corner.
Excitement continues on the Cotton Ex-
change, but no additional failures have
been announced. 1t is thought the worst
is over and panic will be avoided. The
Stock Exchange will adjourn from July 3
to the following Monday.
IWO Trains D1tcnS0s
A passenger train on the Pennsylvania
railroad ran off the track at Bergen Cut last
night and soon afterwards the Midland rail-
road ran into it. Both trains were consid-
erably damaged. Nobody killed.
Transportation window.
United States Senator Window, Chair
man OF the Special Committee on Trans
portation, visited the Produce Exchange
this afternoon. He was received by Frank
lin Edison, President of the Exchange,
Webb, Chairman of the Committee on
Trade aud Commerce, Shark, President of
| the Northern Transportation Company, and
other prominent members, who escorted
him through the building, and then dis
played TO him the statistics of the inland
tIade and commerce of the port as collected
by the Statistical Association.
Funeral of GOV. Orr.
Before / O'Clock this afternoon a great
| number of persons had assembled in City
Hall Park and its nei ghborhood to witness
the removal of the bo,iy of the late Minis
ter Orr. The City Hall was filed with
prominent Free Masons, members of the
Common Council and others. Deputy
Grand Master Eiwood E. Thorne, in brief
address TO Mayor Hayemeyer, assumed
charge of the remains. He thanked the
city for the interest the corporate authori-
ties hid taken. SMayor Havemeyer in reply
expressed his Acknowledgements for the trust
reposed in the city and conveyed his SYM
pathies 20 the Derelved family Of the la
mented deceased.
The pall-bearers were as follows: S. Il.
johnson, P. g. Nj; WiImot q. Desanssaure,
representing the Grand Lodge of South
Carolina; n. F. Waring, P. G. M; Isaac
Phillips, p. G. NJ; John w. Sommons, z.
G. NJ, Daniel Sickels, ?. G. M; Albert G.
Mackey, P. G. NJ, of South Carolins; Josiah
FL. E. Drummond, p. G. NJ; James Jenk-
inson, p. G. M; Snd Joseph D. Evans,
P. G. NJ.
The body arrived at the Church of Dis
cipies about 4 O'Clock, and was preceded
| down the aisle by Rev. DR.. Tying, Jr., re-
| citing the service of the Episcopal Church.
| On the altar were plsc ed floral off rings, one
q wreath of tuberoses and flea roses from
Mrs. e. P. Leslie, of Barnwell county, s..
| G and two from the Grand Commandery
and one fro Ii the GRIND Lodge, represent
ing Masonic em0leTs,
The sermon by R.ev. DR.. HepTorth con-
tanned no alusion to the deceased. At the
conc usiOn of the services the procession
moved through Madison Svenne, AID street,
9Th avenue, 14th street to 18th avenue,
where ranks were opened and the hearse
passed between them to revenue cutter,
and the BODY was placed on board en- route
| for jersey where train was ready for its
receptions and removal TO South Carolina.
Vanderbilt Betting the Continent.
| 1t is stated an important conference OF
railroad ma.gnAtes is now being held, the
result of which is likely to be the formation
of trunk line from New York to the
western terminus Of the Union Pacific
Road. and eventually to San Francisco. 1t
is believed Horace F. Clark, now President
of the Union Pacific and Lake Shore Roads,
wild be made President of the Northwest
eIn, which will give the Vanderbilt family
control of trunk line across the continent.
| COniirmRtOrS.
CHICAGO, June 13.--lt is stated that
Jno. T. Tracy has rendered his resignation
as President of the Chicago and North
western Railroad and will contine himself
to his duties as President OF the Rock
Island Road. This intention is announced
Immediately after his reelection to office. A;
the Directors meeting Iof the 9th inst. be
commended that the road had attained such
magnitude as to demand the undivided
energies and attentions of its Presidents
requirement with which he could not