, 1873-11-02
THE SPRACuES,

A'f- ~ 's''~~-~s
sptetal Dtspatch 70 The CHICAGO Tribune.
pnov1DEscz. Il. l., Nov. t.-1ntorest in affairs
NJ Tho snror,os waa tho absorbing tonio to-day.
n,,,oa ~ Ho,rt ~ ,prn;,o an, ot},or co,+roa ~
4'oonla u ooaho ~ t1"ao @nu osuef esus'o' ~
osros. wns@ os'uea aa tho 'o
auspEsa1oN or TIE onAxsroH BANK
vcatordav viii causo rn,,ch a,;fror;nu among dc-
y ssa,1a." 49, - ,ahora ..osa ao.xae,,'aa -
poS!tose' uians ~ "nou4 "ete 'poi"1Fon' ~on
pan1os m1lls haa aopos'toa hoie' anu osnol8 had
Withdrawn money from other banks, temptod by
t],e bfol, rate of nor cont iuterost. commanding
r. ~ - orarr ,n,,t1,
wv 1o' " ''e4' - -
THE PROPOSITION
OF mortgaRng the sg1aguo properly is regarded
by prominent manufacturers he the only thing
Many othors cohsueI Ell snas .nefS a1o ~ ~
deeds Of trust that wall cause bankruptcy 70 pe
aoceptaple as an a'tetuatIso;
THE nANR cohA1I7EEs FnotoslI!oH.
phoYIDENoh, e. r. T., NOV. a.Aa Inc aa9oarnea .,
repo11 Or ane uoul1n1.ee u eAanllno sn1 ~, analIS
OF a. ~. np.aSuo W. ple1eatoa; m ~ n.o.. oo
mletoe conhoi clo neooto " .o - r. ~ ~ ~
an 10 III ods Rnu
tne1r !!anlIt 3foIa hs1p.ua. snm Sou.u,ooa.
panies p 1ho repost. t.. ,,,n,,
Inc Committoe ID tne3r repolt sny; ne ne, un.
settled conoon M nnatu's, t aalp; n e sar'sa o.
puslneaa ~ tne plesen, tl1o. anu w .11so
monnt OF opneat,oua .. tno ootn,pIuy I1'tullne L.
ouill6 Lug neAt nety ua57' r. drnn onn .no pos
Mnity o. sopoI.ns a. tna. S.oou,ouv ~ muu.a en-
o!e ihe company so 'aoo1 ,'a 10 Gg. gngnsnehss reg
nlariy ~ tne ta'uto' Wy 's Gonaa.,a n,',1a .ev9
mend 1nes Lne H. y, H., opaasag mannlae nass
tnflnB co'hpaaS, ana tne A4uasnua1n s.t1an eSt.
Ef1eng s4o y, Nrla tsnsta.a WIZ sh@i r-ac. ~.
thofr pEoPofly 70 thiee .sasluos' wv suan ptacr
!oay Has a ro Toao ,retnsa - a ;ssa ~
she entlEe properly Iuvse s., ato W 'hsue
notes 70 ~ e, hnonae "hton shn as gosef sMo
amount o1 .oe pIoaeut ,nuouse..suse @ ~. uG
gatlona nas11g tnres sta1a ~ aun I'm 9a nar
t t ~ ~ rosnryod ~ ~ nv 'f
per annam %th M tao I1gns 1osarrea , ~ pay pgt
cont Of me dops a. 40 olson as n ~; 1neI 3uogans T.
is nraoscap,i1. ne f"i"rs " wv oonln1'''oo u
oelns eons'oeseo -
ro oonnuo, =, 1HTs1spEsps 4ne snEa1 oornor,t,on
Ihe counael OF Eng opIague corPoratlon an
nonncea at tno meeI1ng t4at trust-qecos Wole ~
being mado to doY. Henry howard, Ku1us Wa
tef1nan' hn9 ea-a9f. uaiaos l. n!u!sH' !ueee
erso esss ea 5 I' E o secoe 1S sefa e 81 te
would be go into bankruptcy.
Senator spraguo has
RETIRED FROM THE PRESIDENCY or THE COMPANY,
and Amasa 6praguo Las boon designated to fill
his place.
purpose Of securing all tho property aud assets,
private and corporate, for tho benefit Of the
creditors. Agreeable to the prinelplo suggostod
in the report.
numerous. sud represent every possible interest
and foeling. II would not, therefore, be strange
il serious and perhaps insurmountab1o obfec-
tions should bo raised to individual trustees or
to the terms Of tie trust mortgage under which
Of tho plan. however, aeem to meet with popular
approval, ~
TIE AUGUSTA, Me-, ar1LLs.
AUGUSTA Mo, Nor. i.-Tho troubles Of A. L
" sprague l. Co.. It il believed will not serious
Is s se III suAss 5 s il la saco s gh " rts sSe ts as
ton miIis Which % manufacture I print cloths 10TH 70: for
their Oranston mills, Their factories give en-
ploymont 70 $50 operatives, with a pay-rolI Of
sl2. 500 per month, It Is not unlikely tint they
viii temporarily 'suspond operations. Next
raise the means to pay OF the employees
THE Vast 1NrEaEars ooNrnoILEp px TIE
BrnAouEs
Providence. R. !. i0ct 3ol Dispaeh to the Ntw York
The vast intorssts involved ia Tie embarraas-
tnonts Of d. i ". ssPraguo and Hoyt. spragucs
Go. appear from tile list OF their mills, works.,
aud manifold ontorprises., Good Judges say.
however, that their suspension would not eanso
ne suspension e. q slnGlo bank i1 & tho State: @
National, and Second Natlonal-and two
savings banks held worry largely OF their
paper, Many merchants might so under
End dietresaful titnes would certainly ensus 10
hhode island from tue complete talluTo Of A., Il
W., bpfaRno. 1hey fhh near 2o9;,uoo Bplndies
and, % printing machines in mills and print
% %Morkn, and employ over 1o9oo operatives.
Their great print works at olanston employ
l2ooo persons, and L can turn out ~ ao IVY IVY pieces
week. AZ Matlck H. l.. tney run y, Qoo splndles.
and Lave 6g5 hands ut Arctic, II. l., tAoy run
29,9oo spl4ales anu nave 81 o,vvo Ivy hanas at gn!a,
n!ex, H. l., they nave ", ,oo9 span@aaes p @ and 6ao
ha9ds ; u baltio, Conn.,, sStIoo sp!ndlos,
gnu od 5qg noo hanna; at central * Tai!s u.
II 5z,uoo sp'neqqle6s Eng e. near ogv hands !;
a. an naEassa Me sa'Q ePnu9a ana
pflnt."orAe, Mtn most OF ne ao pflnt-clo1he ubea
ny ahom, manlng t eGSaE H., ao'ov3 plecos week 1;
When running On 1n1 tlme. AIl afe now on half
1lne. noslues sho1I maAa ana ptln1-WofHs they
rin other gfeet ehsefPrlses, ooth within and
Hlthoat m hae osaIo' ~ Ma!hn e., thoy nave sasE
ImDof mus, saw ml!aa, ana IKE properly, Ia
~. wAlo aro empoyeo eraas aumpStb M ol men aqr-
ing tne inm6enng aeason: u ne" hampshire
y moro slm'iar plopet.y 9. ,aolsa: .s A. Colum,
axa o. ~ sroa ,nts etock forv"rd aao a
p"H H"eu !anu - naa4oan naa.us Hna ~ 1eAas
4n thls clty Huu ulanhsun. . sne!I Iea4
estate, improved ai1u M unnnpsoYeu, " gfoat 10
ektGt Rn yaao III ~ .nS oss so