New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-11-05
NEW YORK.
COiOred Children Denied Admission to the
Public Schools.

ejOiOred Children Denied Admission to the
Public Schools.
New York November 4.-The Bird igeton.
New Jersey, board Of education passed a
resolution denying the admission Of colored
children to the public schools.
Working Time Reduced and Werkmeu
Discharged.
The Delaware, Lackawanna and Western
Railroad Company have reduced the work
ing time of mechanics and iaborers to eight
hours per day.
.dle Operatives.
The Domestic Sewing Machine Company,
at Newark. New Jersey, has discharged
223 employees.
OF 5000 jewelers. in Newark over 6ooo are
idle.
Damaging Runners.
There were rumors to-day affecting one
OF the national banks, but the president of
the Clearing House states that he person
ally examined the books OF the bank in
question, and found no reason for anxiety
as to its meeting its liabilities. The banks
Will sustain one another. and not allow any
new causes for trouble to exercise a bad
effect, so tar as any OF their number is con-
cerned.
The Clearing House has examined the
affairs of the Central National Bank. The
deposltors are secure. The stock is i'm
paired to the extent of $72O. 900. caused by
a shrinkage in the collaterals.
Hurricane and shipwreck.
The brig Emma, from Cienfuegos, reports
that on October 8, in latitude 23o 40, lOngi-
tude 80. she experienced fearful hurrj.
cane, and on the sixth saw several disabled
vessels. One ship, apparently cotton load
ed, was totally dismasted. Could not get
near enough to speak to her. Since then
had continued northeast gales.
Death Of Louis Gaylord Clark.
Louis Gaylord Clark died at his residence
at Piedmont, on the Hudson, last night,
after sickness of only few hours result
ing from paralytic stroke. MIR. Clark was
editor of the Knicherbocker M0ga-ine from
1882 until 1t ceased to exist, and subse.
quently was engaged in the New York Gus
tomhouse, frequently contributing, how
ever, to literary periodicals Mr.. Clark's
home at Piedmont was the gift Of his asso-
ciates on the Knickerbocka.
Contributions for Memphis.
There were boxes for the Memphis suffer
ers at every polling booth in this city, and
good deal of currency was deposited,
especially on the east side, and the UP town
districts.
The Brickiayer's Quiet.
Everything is quiet at the headquarters
OF the brIcklayers union this morning. 1t
Is said the men have resumed work. 1t is
reported the contractors decided not toput
the reduction of wages into force for the
present and it is also said there is no elis-
position on the part of the masOns to strike
The Texas Pacific Railroad Embarass-
ments. r-a.
A late edition of the Eceaing Teleg,'nn,
says there were rumors on the street this
afternoon that the California and Texas
Construction Company, which is engaged
in building, by contract of the Texas Pacific
Railroad Company, is embarrassed. On in
quiring in official circles, the following
statement OF the case was obtained:
The California and Texas Construction
Company was unable to meet all its paper
maturing to-day. The present financial
condition of the country has rendered it
impossible for the company to realize ready
cash on its assets, although they are very
largely in excess of its liabilities. 1t is
hoped the improvement of the financial
condition of the country will speedily bring
about return of confidence and the CON
struction of the Texas and California line.
The Construction Company could not
meet its heavy maturing obligations to-day.
and over 100000 of its paper most of it
indorsed by prominent stockholders, went
to protest. The Liabilities of the Construc.
ton Company are reported at S4,50O, 900 in
within ninety days, 81 100000 of loans on
collaterals and individual security, 5000 900
of unsecured obligations in the shape of
drafts, and $3.50, 900 of floating debt, amount
ing to s., 100000
This amount, with over $i,OOOOOO of cash
paid in on the stock of the Construction
Company, has been expended, under care
1ui management, in the construction of the
Texas Pacific railroad. and there are 300
miles Of road completed, equipped and in
operation, and about $50 miles additional
graded, bridged and ready for the iron.
The resources of the Construction Company
consist of $35,09O per mile of completed
road of first mortgage bonds of the railroad
company, secured by lien on the railroad,
its equipment franchises and 1000 acres OF
land per mile granted by the State of Texas,
over S2,000,000 of unpaid construction
stock, most of which will be promptly paid,
and private property Of the individal in
dorsers which is very large. 1t is believed
that the creditors, most of whom hold large
amounts, will speedily arrange for an
extension of the liabilities Of the company
so as to give time to realize money without
the ruinous sacrifices required By the pres
ent stringency Of the times.
Marine.
Arrived - Columbus. Arrived out
Olympia.
The 1lexican Revolutionists.