The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1873-10-28
NEW. YORK CITY.

| NEW YORk CITY.
NEW YORK, Oct 27.-It is rumored
that VIM. II. Vanderbilt, Jr,, has sailed
for Europe to negotiate 50 600, 900 Of New
York Central bonds still remaining out o.
the recent issue Of $10,00O,0O0.
The matter Of the Lake Shore and
Union Trust Company Is not yet settled.
According to the statement OF the Direc'
tors difficulty has arisen in the negotia-
ton of the notes oil Commodore Rankin
who had agreed to discount them, and re-
fuses 10 do so unless the capital OF the
Union Trust Company Is enlarged by the
payment of an additional million dollars
and 8 full list Of the securities held by the
creditors Of George b. Grinnell q 20. Ia
published. They are mainly shares OF the
Lake Shore u Chicago and Northwestern,
with dash Of Now York Central.
A letter from Berlin shows that that
city has not only been affected BY the
American panic, but 10 preparing for one
Of It's own. There Is irregularity and in.
security in every branch o! business ;
prodigality and waste among the middle
classes; great suffering among the poorer;
a swelling tide ot emigration, and all
forms of pecuniary distress hang over the
city, and all said TO be owing TO nothing
less than specie initiation. So q
The Baltic Gazette says the Russian gov
eminent has been obliged to order. arrests
among tho Roman Catholic clergy In the
diocese OF Chelm waste. A politico.re.
ligious conspiracy has been discovered
among the clergy.
Joseph Arch has arrived in this city.
The testimony in the Stokes case was
closed this morning, and Mr.. Tremain, Tor
the delenne, began his address to the Jury.
A settlement has been effected Of the
Union Trust Company's loan to the Lake
Shore Railroad. The receiver OF the
Trust Company has obtained permission
of the Court to accept Lake Shore Rail-
road Company notes secured by Commo.
iore Vanderbilt with Harlem railroad
stock at 90.
Two hundred and fifty thousand dol
lars in coin was paid out today on ac-
count Of the November interest without
rebate. :.
The Supervisor and Superintendent OF
the Assay office said today that they. had
received no further communications from
Washington In regard TO the proposed
payment of silver coin, aud had taken no
step in the matter. Tue director OF the
mint will arrive in Washington today.
Coils P. Huntington, President Of the
Chesapeake s. Ohio Railroad, says In re.
gard to the reported embarrassment OF
the company, that It is likely the coupons
Of its bonds falling due tho lst OF Novem'
ber would not be paid. Some oi the com
struction and equipment paper was over
due, but not to u large extent.
The trial OF Frank z. Taintor, cashier
Of the wrecked Atlantic National Bank
as been commenced. Chas. A. Meigs. U.
s. bank examiner, testified to finding a
deficient Of $40O,000 In Taintors accounts
and to advising Taintor's arrest.
VIM. Scanlan and James McMahoD,
both boys employed in the same estab'
lishment, quarreled to-day, when Seaman
gave McMshon beating. The latter ran
10 neighboring grocery store, stole from
the counter cheese knife, and returning
to the factory stabbed Scanlan fatally.
Ten thousand sterling was received OF
the assay office to day, making the total
e1 ,547, 600 since October 9th.
Jas. Arch states tina: he has been de-
tanned in Canada, and will have 10 defer
his tour through the United States until
next spring and summer. He sails for
England shortly.
In the bankruptcy matter OF s. Leland,
and others, proprietors OF the Grand
Union Hotol,at Saratoga, Judge Blatchiord
has decided that the first mortgage bond
holders are entitled to be paid in full, in
accordance with the terms Of the bonds,
and that creditors holding collaterals as
security for loans are entitled 10 be cred.
tied with them.
In the case OF Asa B. Richardson
%. Fl. Hathaway, Of Oneida county, New
York, by which the plaintiff sued to re-
cover $4,000, was concluded to-day.
Richardson made advances to Hathaway
on consignment OF hops, which the for.
mer shipped TO Liverpool, but did not
realize the amount Of the advance. The
verdict was in favor oi Richardson for
the full amount. The case Is regarded as
q test case.
1t is stated that in the case Of Taintor,
the deiaulting cashier Of the Atlantic
Bank. by which 100000 were lost, the
defense will be that the directors were
fully aware Of, and consented to Taintors
speculating with the funds OF the bank.
Mrs. Smith, the woman who was
poisoned by her servant gill at Patchoque,
requested q reporter to-day to publish
that she believes the charge against her
husband to be entirely false; that she
never will appear against him; and that
she can account for the servant girfs
statement on no other ground than that 1t
Is a black mail operation.
In regard to the Union Trust Company
and Lake Shore muddle Mr.. Wesley, re-
ceiver OF the Trust Company, states as
with his own knowledge that when Com.
modore Vanderbilt came into the presi-
dency Of the Lake Shore Company, after
the death Of Horace T.. Clark, he found
this debt to the Trust Company, amount
ing on the Gath inst, to 81 $780, ,979 SO, a
debt OF which he had previously
known nothing and in the contraction
of which he had no personal share; that
this loan was made by the Trust Com
pany at7 per cent OF q time when money
was very cheap, and lending at 4ia5 per
cent; and that although Commodore Van
derbllt personally was not responsible for
a dollar Of 1t, he had, in order to take care
Of the Lake Shore interest on one hand
and TO help the Union Trust Co. out Of its
d;fficults on the other, put up his personal
securities as collateral for the railroad
companies notes, which are drawn in new
and very stringent form,
This evenings Post acknowledges con.
tributions, to-day, additional TO those pre-.
viously made in aid to Memphis, to the
amount Of $84s. The Committee Of st.
Michael's Association acknowledges con-
tributions for the same object 10 the
Robbery =. Fire -- Face Blown OFF,