New Orleans Republican., 1873-07-20
| - + II = " II II Il .
NEWS FROM CUBA
FAVORABLE FOR INSURGENTS
! BROOKLYN TRUST COMPANY SUSPENDED
4 CORNER IN ERIE STOCK
DANIEL DREW BULLS THE MARKET
WIFE MURDER In LOUISVILLE
RACING INTELLIGENCE
NEW SPANISH MINISTRY
CARl1sTs DEFEATED IN BATTLE
CARLOS MARCHING ON BILBOA
RAVAGES OF THE CHOLERA
ARSON CASE IN GALVESTON
4 NEW ORLEANS SCHOONER WRECKED
NEW SPANISH MINISTRY
CARI1sTs DEFEATED IN BATTLE
CARLOS MARCHING ON B1LBOA
RAVAGES OF THE CHOLERA
ARSON CASE IN GALVESTON
4 NEW ORLEANS SCHOONER WRECKED
NEW YORK.

dent of a Trust Company = Delaulter-
New Commissioner to Vienna-Geneva
indemnity FuRd-SuspensiOn Of the
Brooklyn Trust Company-Incfease in
the Death Rate-Pardons by Governor
Dix-The Watch Mandatory.
New YORK, July 19.-General Quesada,
brother-in-law of President Cespedes, ap-
pointed confidential agent OF the Cuban re-
public, arrived here yesterday, bearing dis
patches to the Colombian minister at Wash
ington concerning Cuban independence.
He states that fifteen hundred troops have
been promised from Mexico. and that Peru
will probably soon render assistance. Ar
rangements are being made for holding at
Washington conference Of the representa-
tives from all the South American repub
lies, in order to promote the cause Of Cuban
independence.
Weather cold and rainy. Wind cast.
It is stated that the personal accounts of
E. 8. Mills, president Of the Brooklyn Trust
Company, who was drowned At COney
island last Tuesday morning, are over
drawn 100000, and that he allowed the
loanng of over 100000 of the funds Of that
institution upon securities.
A Vienna special states that Hiram Gar
retson, Of Cleveland, Ohio. has been ap-
pointed chief American commissioner, in
place Of jackson Shultz, resigned.
In the transmission of the Alabama in
demnity fund Of el5, ,555, 900 to the United
States. the English government availed
itself of three American banking houses in
London: j: S. Morgan & Co., Morton, Rose
& Co.. and Jay Cooke. McCulloch & Co.
The bankers determined to transmit about
one-halt through the ordinary channels of
exchange; accordingly, Morgan & Co. have
drawn bills fog about W ooo,OoO on London
houses and sold them, that amount being
placed to the credit Of England on this side.
1t is not the intention OF the bankers to
! transmit any additional sum in this way,
| but the balance is to be sent over through
a shipment Of five-twenty bonds to the
| amount Of $7.50O.000. . considerable pOr-
ton OF which have already been obtained.
The transaction in exchange was man
| aged quietly. at the instance Of the Ex'
chequer, who was afraid OF the effect pub
! licity might have on the market. The
| bonds will be turned into gold at par. max
| ing the full amount of the indemnity.
! The suspension of the Brooklyn Trust
! Company was a great surprise to Wall
| street, and caused q temporary depression
1 on the Stock Exchange. Money brokers who
| were in the habit Of borrowing money from
| the concern did not even suspect that any
| thing was wrong. The capital assets were
s5O0,OOo; the surplus 100000. and the de-
posits s., 2,0OO, 900.
Mr.. Mills, the late president, is a de.
| faulter to the extent Of el46,0OO He left
| $I5O, 900 in Williamsntic and Airline Capt.
| tai Railroad bonds, which have ZONE value,
but not enough to cover the amount Of the
| cash taken. Mr.. Channey, one of the direc
tors, has been trying for q long time past tt
have an examination into the cOmpany't
| affairs, but the directors generally'objected
as it would be reflection on Mr.. Mills.
At last he obtained the consent Of five
] d;rnotoru ho nnmhap for q
| aminatiOns. and as soon as Mr.. Mills found
| this out he committed suicide.
The following is the bank statement
Loans. increase 81 ,703, 900; specie, decrease
! 1884, 400: legal tenders, increase $542, 500
deposits, increase $l,2S9, 800; circulation
| decrease $I3O,0OO.
Arrived-South Carolina. Herman and
Kron Prinz. Arrived out-Berlin. Cuba
and Olympic.
Deaths for the week S9j.
The mortuary report for the week shows
an increase of over twenty-nine per cent in
deaths as compared with the last week.
H. Tongee was arrested in Brooklyn to.
day, for killing Thomas Riley in fight.
Half million dollars of the Brooklyn
| city funds were among the deposits in the
suspended Trust Company.
1t is reported that deficit Of $3O, 900 has
been discovered in the accounts of Secre
tary w. Rodman. Of the Brooklyn Trust
Company.
Mrs Turglis and Mrs. Emmons, wives OF
forgers now in Sing Sing, who have been in
Jail in Brooklyn for attempting to aid theil
husbands to escape. were today pardoned
by Governor Dix.
There has been great complaint the past
two years by the manufacturers of watches
in this country that their trade has been
seriously injured and the reputation of theil
watches impaired by foreign firms, who
import inferior works with fac-similes O1
the trade marks of our own makers.
The facts having been investigated by a
special agent of the Treasury Department
in this city, the officers to-day made raid
upon several suspected parties and seized
over thousand watches Of foreign make
with the American trade marks engraved
upon the works.
The forging Of American trade marks
upon foreign watches was made crime by
law of the last Congress.
1t is now stated that the losses OF the
Brooklyn Trust Company through the
defalcation Of the late President Mills es'
ceeds 100000.