Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1873-11-06
NEWS OF THE DAY
"7o sh,w the gerry age and body Of the Times. :


"7o sh2w the gerry age and body Of the Times. :"
Cyru, Wakefield, whose death on Sunday, at
Wakefield, Massachusetts, has been announced
was the largest importer of East India goods
in the ,untry, aud one of the wcalthlest men
in New England The town in which he lived
was formerly known a> South Reading, but III
token Of the great bcneIaclons 1t had received,
voted in 1865 to change It's name to Wake
field,
The Tweed case was called iu one Of the New
York Courts yesterday before Judge Davis.
The counsel of Tweed presented protest
against udgc Davis trying the case. The Court
pronounced tn" protest untruthful and extraor-
binary, and directed the trial to proceed.
Judge Fancber yesterday ordered the dis
charge Of MIR. Shauks, editor of The New York
Tribune, committed for contempt of Court on
the ground that the commitment was illegal 10
not stating the period for which the commit
mcnt was to run.
The representatives of the Samana Bay Com
pauy, San Domingo, say they have no coal at
Samaua to sell to the United States government
They say several steamers have made appllca-
ton to coal there, but they have no coal to sell
to anybody.
California Farmers are up in arms against
what they term the squirrel nuisance, and at a
convention held in San Francisco recently they
demanded some legislative enactment that
would result 10 exterminating the pest.
The catholic controversy is again resumed at
WilIiamsport Pa, and though it has been two
faty ha artl
concerned, seem to know anything OF It's real
merits.
On and after Monday next the Eastern rail
road, will reduce the hours of labor twenty per
cent and make corresp oudng reduction 10
the pay at their shops.
A complete freight blockade has been estab-
lished on the East Tennessee, Virginia and
Georgia Railroad by the employees quitting work
rather than submit to reduction OF wages.
The heavy commission house OF Sterling Price
& Company, in ST. Louis has made an assign
ment, aud its affairs will be wound up.
The only daily paper 10 Duluth has suspend
ed until the lst Of May next.
Financial Situation in New York.
New York, Nov. 5.--.Scyeral cooperating
causes made to-day, i'll Wall street as gloomy as
any since the panic began, The markets we're
devoid of excitement, yet the shrinkage III
values was gradual and almost uninterrupted,
and the day closed with little recovery from
the extreme depression. The first disturbing
power was the suspension of the California and
Texas CONSTRUCTION Company, and until late in
the afternoon it was believed that it meant the
failure Of a second Pacific railway enterprise,
carrying with it embarrassment to the Pennsyl-
vania Railroad Company and its syndicate.
The rumored embarrassment of Bischoffsheim
g. Gold,chuidt, Erie's English agents, follow
ed, and Erie depressing two per cent. Then
it was said that the Reading Railroad Compa
ny bad failed to raise needed money, that
Thomas A. SCOTS paper had been protested,
and that Pennsylvania Central would pass the
semi annual dividend
Untouuded as part Of these rumors were
they drove some stocks to the lowest figure yet
reached
The embarrassment of the Central National
Bank were satisfactorily settled, and tho causes
explained to-day. The directors have decided
TO reduce the capital from 100000 to $780,,
900. This taking out the impairment leaves
surplus Of $500, 900, but the directors say that
they can manage the unconverted securities
and have an actual surplus Of $500, UOO. Cor.
If Baltimore Sun.