Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-09-10
NEW YORK.
How Railroads are Pushed-Million.
aire Miscalculations.

How Railroads are Pushed-Million.
aire Miscalculations.
NEW YORK, Sept. 9.-Mr. Guion, q d.
rector of the New York Warehouse and Sc
curity Company, says the assets of the
company amoint to about $500, 600; lia-
bilities, S1,300,000; the Missouri, Kansas
aud Texas Railroad owed the C mpany
81, ,O00, 600, one half of which was secured
by bonds of the road and notes of the Land
GRAFT Railway and Trust Company, and
the other hs'f by personal guaranty OF hVe
of the railway directors. Guion thought
that the loan, which will mature next
mon1h, would be good within year at
least. The Warehouse Company also made
q loan Of 100000 to the New Orleans,
Mobile aud Texas Railroad Company,
whose road is not completed. This loan
matured last spring and remains unpaid,
but it is secured by the personal guaranty
of two persons connected with the road,
and Guion believed the Warehouse Compa-
ny would eventually obtain the money.
he further said the company made loan
of $4,000 to the West Wisconsin railroad
which is secured by bonds of The road and
the personal guarantee of one of its officers.
This loan was good but had not matured
and the same was true of loans made to
several other railroad companies whose
names be could not remember. Guion was
unable to say whether the suspension oi
the warehouse company would be temper
sry or final, remarking that this would de-
pend entirely upon the decision of its cre1i-
tors. The warehouses being largely en-
gsged in the commission business it is oe'
Leved the losses will fall mainly upon Ha-
vana merchants and Cuban planters.
Jay Gould at Bay.
1t is stated that a number of suits in
spired by Jay Gould will soon be brough
against the Erie Railroad Comrany and tht
directors personally, far alleged illegal act'
done in connection with the recent deelara
ton of dividends.
Help for Havana.
F. Alexandra & Sons, of the New Yorl
and Mexican steam ship line, received {
telegram from Havana to-day advising
them of the great confagration there anC
the destitution of large number of tht
inhabitants and appealing to Americ ans 70
aid. s.--.-.
Fall of q Crowded Balcony.
While the seventy first regiment wa
parading through the streets of Williamsbur
to-day, a balcony crowded with spectator
suddenly broke down and all were pracipi
tated to the side walk. One person wa
killed and fifteen, more or less severely in
jured.
| TeetOtalers.
The Annual Session of the Catholic Tot;
Abstinence Union of America Beard {
Government was held to-day at Plympto
hsll. EmigraDts are to be protected o
landing from rumsellers. Prelimin irie
were arranged for the national c9nventio
to meet In this city on Oct. 8.
| Religious schools.
ReV. Brother Jasper of the Catholic ol
der of Christian Brothers, arrived yesterda..
accompanied by twenty-four young me
belonging to that society who have been eC
ucated to serve as teachers in Roman Catl
olic parochisl schools about to be establish
ed throughout the United States. TIE
more young men of the same society are e.
pected, and Mr.. Jasper has fifty ia all on b
list. Thirty-seven came to this country la
year for this purpose.