Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1873-08-22
NEW YoRK.

| tutetfok nh'"N - w 49,
Chicago railroad company, Vas ioan'
floating in IVES, river yes'ertsy.
A number d companies IN this e'v
iusariag petroleam have adopted IN
eueAsea oil insarAave rates a. follows
liroa tanks With iron covers, per cent
other bailaineSsA sheds tanks, etc, 10 pei
eeal: NeAters, AVID other boats around
harhcr. 10 per cent, average increase
about 20 per cent
The rain storm which has continued
Al brief intervals since SaAdsy spent
its force yesterday. A large amount Of
damage was done by the storm in the
sppes part Of the island. Many wooden
shAnsies could be seen aOaiins about in
water ponds, aud wagons we're standing
in water up 10 the axles. The exeava'
lion fsr the new tunnel above the Grand
Central depot was filled with water. and
viii require considerable time before II
can be pumped out. Cellars were flooded,
and large quantities Of lime, cement
aud other freight considerably damaged.
Fortunately, merchants had time to re-
move the greater portion Of their vAlu-
able goods from their cellars, or the loss
would have been much greater. Pumps,
etc, we're being used yesterday to get
rid of the water.
Preparations for the political race IN
this State next November have already
commenced. A committee OF seventy
meets early in September. and will take
part in the contest. Nothing can be pre-
dicted with certainty until the middle OF
next month. Republican and Demo
crat leaders are holding frequent caucus
at Long Branch and Saratoga, but little
of importance has resulted so far.
A Times Washington special says
Senator Lewis Of Virginia is SO i'll that
his physician has advised him to abstain
taking part in the canvass If he wishes
to be able to resume his duties in the
Senate next winter.
The Times Washington special further
says that the Secretary Of the Treasury
authorises the explicit denial Of all pub
lished statements regarding the alleged
deficit in the Treasury. There is and
has been no deficit Of dollar or a cent.
1t is known that all stories TO the con-
trary are devised to assist exssperated
gold Spectators in their last alternative.
The Herald says that to day at Long
Branch will be privately celebrated the
silver wedding Of President Grant.
Twenty-Five years ago he was married to
Miss Julia Dent. All the cabinet Off
GERS, it is understood, have been invited
to be present, and number Of private
friends Of the family. The affair will be
of an informal character.
A prize fight took place yesterday,
near Riverhead, between John Paul, Of
Philadelphia, and Ike Smith, Of Mont
zania, for 5000 side. Twenty-one
rounds were fought, when Smiths Sec
onds threw up the sponge, giving Paul
the victory. They fought at catch
weight.
BROOKLYN, August 22.-The damage
by rains here has been general. On
many sunken lots the water was four to
Eve feet deep, and the foundations of a
number of houses near Red Hook were
Ioosened and had to be propped to save
The buildings from falling Many fami-
lies have been obliged to qui. their
houses till the water can be drained of.
The food has damaged the gas mains,
and large portion of the city for the
is without light at night. On
Long Island the crops Of all kinds are
nearly ruined, and lying fat on the
ground. Wheat, oats and barley will not
gield one.ffth of what was expected be-
rore the storm. Telegraph poles, rail
road grading, entertainments and cul-
gerts are washed away in many places.
That there still exists clique to bull
gold is generally believed. Brokers
and some of the original parties in the
are understood to have drawn
,ut, but the combination Is still power
-ul. Jay Gould is the prime mover He
has lost heavily during the last year. In
Itead Of being worth twenty to twenty
i've millions is now reported to be worth |
,nly ten millions.
The Herald this mOrRing says that
rom present appearances Fenton viii
lot be a candidate for Senator in the
coming fall election. It thinks that the
Democratic State Convention when it
meets will follow the lead Of their Ohio
brethren. Commenting on the coal
it says that the whole com
nunity that are in need Of this valuable
are at the mercy Of the rail
'oad monOpolies. Practically, these
nonopolies own the State Of Pennsyl-
Tanis, and dictate to the Legislature and
he Executive. The people Of New
FORK and other States are taxed heavily |
~ such monopolies.
PORPICN