Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1873-11-13
Failure in the Tea Trade-The Tweed
Csse-MelhOdist MiSsiOnS-Ths
Society Bank.
The FinaneiI i Situation Improving
The Uni9n Trust COmpany-The
Health Association, Etc.

New YORK, November 12-Failures
in the tea trade yesterday are attributed
rather to competition which is growing
up in the west, than to the panic. The
great western markets, it is said, are
receiving their teas mainly by the way
Of San Francisco, and many smaller
firms here have been wound up owing
10 this withdrawal Of trade. The de-
creasing trade is mentioned as the cause
of OneOf the heaviest importing firms
advertEing two vessels of their feet for
sale.
THE TWEED CASE.
When the first juror was called on the
new panel in the Tweed case, to-day,
counsel for the defense objected to the
irregular manner in which it was
drawn. After a long argument, the
court decided that the panel was regu-
lar, and the work of getting the twelfth
juror proceeded.
METHODIST MISSIONS.
The general missionary committee of
the Methodist Episcopal church, is now
holding its fifty-fifth annual session.
TIE tressurer's report shows that the re-
Ceipts of the past year were S767, ,233,
and the expenditures S725, l69. The
treasury in New York is in debt to the
amount OF $50, 900, while the treasurer
IN Cincinnati has on hand So, 900.
FINANCIAL SITUATION IMPROVING.
Inc financial situation continues to
improve, and the money market has
fairly settled down to seven per cent,
with nothing doing above that rate, and
some trouble found ia many quarters iD
placing money at this rate, particularly
when borrowers offer United States
bonds as collateral. The banks made
another gain Of twelve hundred thou
sand dollars OF legal-tenders to-day
making a total now held by the assO-
cisted banks Of twenty-six million two
hundred thousand dollars. The relief or
loan-certificstes issued to banks during
the heaviest psnic-pressure upon them,
are being hquidetof gradually, 80 as not
90 bear too hes s.. ~ merchants at pres
eut.
THE SECURITY BANK.
The officers Of the Security bank, it is
stated, know the whereabouts Of their
absconding cashier, and say that they
have nearly completed a thorough in
vestigstiOn, which fails to show that he
{ ok more than wss originally reL orted
twenty-five thousand dollars.
THE UNION TRUST COMPANY,
The work of reorganizing the Union
trust company is progressing slowly.
Only half Of the one million dollars Of
stock required has been subscribed. The
Commercial says it appears hardly pos
sible that Carleton could have performed
so many dashing tricks in finance with
cut confederate directors.
THE AMERICAN PUBLIC HEALTH AssO-
CITATION.
The American public health assOcia-
tiOn resumed their session to-day. The
first paper was read by DIR. Fees, Of Bal
timOre, on the sanitary care and utiliZa-
ton OF the refuse Of cities. DR.. Smith
ther called attention to the subject al
the disposition of dead animals and
0ffal; and DR.. Slower, of Boston, read b
paper on the subject. DR.. White, of
New Orleans, and DIR. Cox, OF Wash
ingtOn, followed, after which a discus
sion on yellow-fever took place. The
officers of the old association, with the
exception Of the executive committee,
were then unanimously elected officers
of the new association. After consider
able ballOting, Drs. Morris, Vanderpool,
Tower, Woodward, Bell and Jarvis were
elected as executive committee.
ROsENZwEIG's DISCHARGE.
Judge Sutherland, to-day delivered
a long and elaborate written opinion Of
RosenZweig's case, discharging the
prisoner. The district-attorney moved
for a stay Of the proceeding until to-moT-
row, for the purpose Of getting the case
before the general term Of the supreme
court. Rosenzweig may be remem-
bered as the man convicted Of causing
the death Of Alice Bowles by 81dlpTdc-
tice, and Of packing the body in trunk
for shipment.
Confessed DefaIcafeF.
PROVIDENCE, r. l., November ~