The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1873-11-04
NEW YORK CITY.

New York, Nov. 3.-Phillp Reid How
ard was shot dead at Jamaica, Soutl
Long Island, yesterday by two men whC
who were cunning and whom he ordere'
off his land. ~ .,E.
Steps have been taken here for tn
formation Of a banking institution to b.
devoted entirely to the grain interests o
the interior. The movement Is in the
hands OF private bankers in this city hav.
ing established business connections. Tht
capital as proposed isto be $500, 900, ant
Ii 10 represent the interests Of q large mum
Der of national banks in grain producing
sections of the country 1t Is, II possible
to be organized under the national bank
ing act, and Is to be designated as the Ma
tional Grain and Stock Bank.
A Washington dispatch states that the
Japanese government has appointed a new
Minister In place Of II. Mori5 now en-
ployed IN the treaty making department
Of that country.
Much dissatisfaction having been found
with the quality Of lager furnished from
the breweries hereabouts, on Saturday q
convention of brewers was held In this
city, at which there were nearly 300
present. They were assured they could
retain their custom If they would only
manufacture . better article, so 1t was re.
solved 10 do so, but to advance the price
from nine 10 ten dollars per barrel. The
brewers maintain that q good article can.
not be brewed Tor less. The advanced
price will take effect this week.
It is said that q pool has been formed
among the capitalists to save the house Of
Claflin & Co., $5,000,000 having been
raised for this purpose.
Owing to the reduction Of wages, q
number Of bricklayers and masons went
on q strike today.
James Lemon has been arrested on the
charge Of shooting Phillip r. Howard, at
Jamaica.
James Delos Center, the arrested juror
In the Stokes case, was arraigned to-day,
and his examination fixed ior Wednes-
day.
The police are endeavoring to verify
the statements contained in the new con.
fession Of Irving, selfaccused Of compile.
ity In the Nathan murder.
The Pacific Mail Steamship Company
to-day received telegram from their
agent, announcing tho wreck and COM
plete loss of the steamer Ariel, running
between Yokahoma and Hakodale. The
passengers were saved. The Ariel was
one of the Oldest steamers Of the Com.
pany, and was valued at $4,000.
The bale of cotton sent 10 Norton
Slaughter s. Co., to be sold Tor the ben
eft Of the Memphis sufferers, brought
$2,S75, more than six dollars per pound.
Saturday it was shipped by the White
Star Line TO Liverpool, then TO be rolled
over for further sales.
NEW YORK, Nov. 3.-The treasurer oi
the Chesapeake s. Ohio. Railroad Compa.
ny has issued a circular to bondholders.
He says the only way to re.establish tho
credit oi the Company Is to fund lis en-.
tire floating debt In income bonds, to be
paid out Of the net earnings Of the road.
The Company has authorized the issue
Of seven per cent income bonds to the
amount Of $l2,000 900, in retiring the
floating debt and in funding the interest
that accrues on It's six and seven per cen.
bonds.
Affairs on the street are unsettled, ap.
parently awaiting further developments
In mercantile and manufacturing circles.
NEW YORK, Nov. 3.-The banks today
gained two and one half millions in legal
tenders. s.'..a
A Washington dispatch has the follow.
ing: It has transpired that the house ol Jay
Cooke & Co., borrowed from the First
National Bank Of this city, $500 900,
through the influence Of Henry D. Cooke.
The President Of the bank has, since
their failure, Withdrawn 100000 in Cen.
trail Pacific bonds and deposited them with
the Secretary OF the Treasury as security.
for $200, 900 advanced them by the Secre.
tary q few days before their failure. The
creditors of Jay Cooke & Co. are to in
yestigate the above proceeding.
The Delaware, Lackawana & Western
Railroad Company has reduced the work
ing time Of mechanics and laborers 10
eight hours per day. .
The Domestic Sewing Machine Com
pany, at Newark, N. j, has discharged
229 employees.
Tomorrow being election day, 1t will
be observed as legal holiday. The
Courts, Postofiice, Stock Exchange, and
other public buildings will remain closed.
The whole police force will be on duty,
although no trouble Is anticipated.