New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-03-27
VALL-ST. RUMORS.
ANXIOUS EYES TURNED TOWARD WASHINGTON -
TELEGRAPHIC INTERESTS.

ANXIOUS EYES TURNED TOWARD WASHINGTON -
TFLEGRAPHIC INTERESTS.
Woll-st. was rather more quiet yesterday,
tbc disturbing OF the previous day having lost
much OF their influence. To be sure rumors were re-
ylyed and new stories which could not be verified
were told. Among the earlier statements maue was
one that the Senate would reach vote on the sioo
OoOooO legal tender BILL but that tho prospects OF tho
massage OF tho Dill were unfayorable, the demon.
stratlons against Imitation having had such an
effect upon the infationistS that Their majority
was largely reduced. The whole street was agog Tor
news from Washington concerning the currency, al
though little definite Information was received Inc
Treasury Departments acceptance Of sCOoOOo In god
instead OF the $4,000 announced, caused some sur
nrse and was accounted for the theory that the Gov
eminent needed some additional currency The course
OF the market was not very violent the principal stocks
affected beng Erie, Western Union, and Pdcihc Mall
Erie opened at 4 aud declined TO 4Ot on the strength OF
the reports OF antagonistlc combination Iormeu
against 1t by Bschorshelm and McHenry In London
The Erie Directors held meeting yesterday al the
Grand Opera House at which ii was reported that inc
total floating debt was s3L79 49, The Board directed
tho payment up to date OF all employees unwilling to
work at the present current prices. The treasurer re-
ported that those on the January p1y-ro' were pau
several weeks ago in full, and that the February pay
rolls we're partly paid, and would DO fuly met "!'niu
week. although matters were much disturbed DIV Tue
teption of the Company to open tho payros about The
18th Of each month"; that the may be paid ABOUT
the 2O A. b. Chamberlain who has for % years been
the auditor Of the Railway superintendent accounts
wac appointed temporarily III place OF the former gen
eral auditor s. H. Dunan. NJ discussion occurred on
this appointment 1t having apparently been agreed that
the matter should be settled without it, The strike at
the Long Dock was talked over and the Directors eX-
pressed belief that it virtually at an end, as all
the machinery of the road in full working order at
this point aud the freight forwarded now rs rap
idly as formerly The susquehanna strike was consld
cred more formidable, although, from the latest nor-
nation received, the Company was OF opinion mat
few days would see the eud Of IT, as the strikers were
already allowing the passenger trains TO pass through
william OrtOn President OF the Western Union Iele-
graph Company will sail for Europe on Saturday on
short trip for his health. the street 1t reported
that the Western Union wished to get control OF the
cable now being laid aud that his voyage to accom-
pish that Object It IS officially stated however, that
there are 10 arrangements effect control OF that
cable but the Western Union Telegraph Company owns
the Cuban Cable and there Is project on foot by which
a working arrangement may be made between that
Company, the West India aud Panama Company ana
the Central American Company, whereby tho south
American business may DO developed auI secured.
While Mr. Orton is abroad he will probably attend 10
the matter as the directors OF the latter companies
in England but it will be slnply a working arrange
moi