, 1873-11-29

THE BU1r AGAINST DANIEL DREW.
New YonK, Nov. 28.-Counsel for Ernst &.
Blcdernlnnn and Jacob nubino, who, as I tel
graphed yop on Sunday last, havo begun suit
against Daniel Drew, Stephen H. Alden. and
Eugene N. Robinson for tho recovery OF 81, ,000-
600. which the plaintlra claim they were svtn-
died out Of By defondants, have seryod DO.
mand On Robinson and Alden that they must
make affidavit covering Canton stock transac-
tlons. Robinson and Alden have refused through
their counsel to comply with this domaud. It Ia
understood that M order will soon DO obtain ed
from tho Court for their examination regarding
tho matter.
THE UNION rAusr COMPANY.
In the case Of Augustus W. koiley againat tho
to-lay ". r. Dixon reforoo. to state aud pass tho
accounts Of Edward =. Wesley, Receiver .ot tho
Trust Company. and ordered him speedily to re-
port thereon. Tho Court also appointed A. r.
LAWRENCE 1efcrso, to report to the Court whit
amount should DO allowed Wesley for services ag
Receiver Of tue Company. Tho Trust Company
will rcaume business no1t Monday, aB was de-
cided by the Directors Mt their Last meeting
Ono OF tho officers Of the Company said today
TINT ample preparations had been made to moet
any demands which might be made by dspositors
aud that tho institution was in thoroughly safe
condition.
uowEs s MACY.
A nnooting Of tho creditors Of Howos l. Macy,
ono Of tho banking firms which failed during
were about fifty Of the 100 creditors present,
representing a5o0,o00. aInny plans BIZ which
it WA hoped tho firm might bo ablo
to rosumo business woro proposed,
but only to bo rojectol. After mora Or less dis
TINT the firm should resume business At once,
and pay 40 por cent on their debts on tho 1st Of
Marcel 1s74; and i isl por cent It on m tho @
lst Of Jnnnary, 1875, mailing u total Of
G5 per cont, without interest. Before this plan
call be carried out. however, tho consent OF the
remaining 1000 creditors muHt be obtained, and
this is thought to be impossible. Thuresore. 1t
seems inevitable that thoy must eventually 60
into bankruptcy,
THE SECRETARY OF TIE TREASURY
spent few hours in this city to-day. It Is rrl-
morod that he came to aud did consult With
prominent New York bankers regarding the flnan-
oea Of tho nation, in order to be hotter ablo to
make comp Offensive report on tho subject to
the rresident, for tho latter's Use iu bis message
to Congross.
Ito the Assoc.atsd Prsss.l
REGULAR MONETARY REPORT.
NEW YohK, Nov. 2a.-aIoney in setiva demand
sss 4ss:sas{ md s Esa sz sso1S oS.ss xss
rooelpts, $685. 600. ;
closed At 1oo9s, attor ae'liug ut loa1f f@loaN,
:
aat Tor borrowing. Tho ABaiBtant Ireaauror
diBbursed 1921, 900.
The clearlnga wore s46, 900 000
Governments wolo tivm.. State bonds quiet.
HToCE8
were gcncrally strong from tho opening until
ABOUT midday, with ali advance In prices ranging
from u to " por cont. Tho Improvement yaS
aftor"nrls lost III many cases, but aftor the
ond call, bnoyanoy Was again tho foaturo Of the
market. During tho laHt hour OF business de-
preston prevailed andson stocks declined to tho
lowest pont Ut tile day. tho market leaving oil
fovorian ~ tono. Tho volume OF businoHs was
arEo, mud dealings excited throughout tho day.
The advance lu gold and d,n,ssBion IN stocka
late in tho day waS caused by reports lint Min-
inter sickles l!al left 5latlrd tllat thore was in
creased actiyity III thu nas sy-yarls. and vague
runlolA Of failnrcu whic, could not bo authenti-
Gated.
Tic atocls saloa between 10 md o'cloc!;
amounted 10 10l UUo si,aros Of which A GOO 7'eso
Western Ulllon, 270ju Union Pacific. II, LOU
Wahasll, 10 000 OhloB, IL. .0D0 New Yu:. Coutral,
s,sOo 1t. raMl, 153oQ I.aks Shore. L you North
Western, 9,6oo Rock Islaud, auI 8,5U0 Uo!umouu,
Chicago L lndsaaa Ccntral.