, 1875-06-17

conspiracy Of Southern inseEnsts to nsosp The rao
Of ahe metropolis Tho philadelphia ledger, after 70.
marking that Mr.. Garrett and lEr. Scott really
very lttls at variance uriug their rueRc, says
Tint Thn action ofthe conference when ratined w!luot
enly grray improve the credit Of tho two companies
Immediately interested, but Will rcstorp to confidence
ralwsy properly Ill the country, Tho agreement
II approved As 1t now slauds IA guarded to In
Nrs lasting peace. It being conditioned for leu rcars
xith such u1nprage ~ sceus To make II perpetual
THE ENGLISH IRON FAILURES.
Tho London Times, which, In its money urEfcle Of
Juno !, thought the failures OF tho Abcrdare anu
Plymouth would 10 folluard by reaits
ks thore OF The failure Of Oycrthi Grrney Il Co. in
1896 bec7ea The I'd inst. that thtre Ia not much
danger nfter ALL II saya Il
The city has been quiet to-tay, md, JUDGING from
appearances WHICH are sometimes lecerisc ts ru-
bly, havs been, tho salvation Of nsny who set visor
ous1y to work curtAng thelr liabilities, selling their
securities calling In 6eiT money and increasing tteir
cash balances, Rhall sce again by tho next bKnk
IN which the market found itscf to-day in thls respect
acted upon tho warning they by good luef chanccA IL
get will rcEhsp4 think Il better banking tn FUTURE 70
hsy 1t M and In ~ M " not
which has boen bankrupt for fifteen ye4rn pro-
tFaesea - those which eniet abornrely y.aterday.
Tho Daf!y ffHs put tho btorpnges In their proper
place part only Of those that have been occurring
throughout tho 5ear, md they 'throw light upon tho
great weakness IN tho iron trs.e Which las been Tho
subject Of great adverse Auctuaton during tho last
TIVE years. Ho far, few Incidents mora natural
prot,ab1o At time lks thia. II thn prosperity Of the
iron trade iu 161l md 1879 beyond precedent the
subsequent fall In r1ce and consequent loaA to al
holders Of Iron have beet i1amenae."
rA1LUREH N CANADA.
Tho hus!nees entertainments LII Montreal AMI!
Quebec which Lave been gathering for somo time
cu!mnated In 1omo heavy bankruptcies. Tie Or
ten4fve trading Arm OF H. paxis Co. lately failed In
Montreal, and tho Herald oE that city published list
Of hundred Of isa erentorb, mhoso r,a!s vary
from Goo to $4,000 sevrral other failures follow
81, among thea that Of tho dry.goois arm OF Enpcy,
johnson h Co., who were en.anglcd with the Davis
nrm 10 the extent Of slta0oo. Another great tallurc
acriouay diacomposcd butiuess III Quebec, 1t
waa also fs In Montreal VIZ, TINT OF tho long. g.ataul
ing, respectable leather nsn Of O. Richardson Sons.
They $3.50 900, and offer 20 per cent. III Ontario
Ahe small stnaud for all ttnr md wooden productions
and their law rrieen we'll thoss Of wheat havc
made trade very dull snd money very in that
region.
1NcnEAsEn E1ronTs or nANttrAcrrnEs.
Tho statistics of our duin!sing foreign tratlc are
calling out 1ugNbrioNs comments from the news1a-
pesa Il Ia leAsant 10 be able 10 call attention to ono
bright thread Ia Ibis Embroidery OF gloom." Tho
Now England commercial journals congrstaiatug
the!r scatless Oh increAao Of the exports Of tho
VI tn9 GL&l&4s ln6 DDttdA <OH-
7streal Dniisn hnds tst Tic exports af manufactures
Of tic frat ten months OF ISIS fa 0oo sgatust
EA,tl2,oo0 Ia 1874. This growth OF the foreign de-.
naa for products ha4 been visible for the ast two
years. II IL duo to variety Of causrs sueh tho
natural development OF jndusrics and tho fail In
prices THIS 1aao cnablcs boston to 10 an exception 10
the general exhibit Of declining exports, and makra
IT. e1porsa for the 1rBt nvo months Of 1878 greaier
&hsn !loao at tho ro4fol u lb7i Some Of tho
itema Of tho incrcase in exports In cotton goous,
which have mounted In tho Ist ten uonths for tho
whols country, from s2.310,o0o to $l.5sU,ol0; aaa
seel goods. which rute Eton s1Ga5 go 10 S uD.
Tho 1ondan papeEa openly avow that alstr igon
nfsetusers hsTs lost command of the American
fe and have good To fear tho competition of
Ptnusyiyanis, Ohio, nud Tltnols Ia English markets.
SHORTAGES AND THE REDEMPTION AGENCY.
Tbs operations Of the Redemption Agency have
been mistakenly called ia question account Of tho
recent loss Of 3l701 Id Treasurer srnnef'A Office.
TAord has also accn talk Of "sllostages in Tho
Redemption hgencf. The Washington correspondent
Of the Eew York Tribune l'as investigated the To
dsmptiou Agency, md thus describes n;
Tie work u performed. In o,se roor, to which M
one sxcxx lhe rouuteIs md clerk. III chargu of tho
money have acecss. Tho PACKAGES glvcIs out ons
eael. lnckaga received by tsls No counter il rot.
mted, under amy circumstances, to hsys mora than
sfs ooa to xass %
package. in case short " Aiecoftod, + Is tmmed
aslY reported tu tho teller who qernrs tho ettentA
Of The srap. aud n tho shoEtAEo IL OF any cD-
sdetstio Alnount. thp whole remittance ID carefully
sseonnted W Anothtf counter. Tho only souAnin.
question u u 10 thu honesty of the counter. lyon
ols lotnt thu olhcera Of tis Agency aste that tho
"oTefs" reported srs continuAliy snd iAsRely
10 e4ceas Of The "thutts,n AuI tA1t
I'll of tho counters in the Agency have 1rs-
gnehuy sep1@ttsa @ .o1tras y sar5iag in smouus
ssto Tie Lonesy Of tho eouncts, fur they *ers dis
sea to plftf. they you'd y moro haely TO take tha
"oyeIs,s coNcosuu9 Which nu qut4t!1n could te
ratsta than 10 report package sort which VIA not
acuAlls 10. An aeonnt IL kept In tho AGENCY el the
" whom l.ey sze reported, shlch i. open to tho ID,
,tsetion Of any hank o.ceF xho desires t,xes IT, .1Lu
large sortaefa sepottSd BY tho Agency have been
fhnsleaced In .asly every t1sn. Every 4hostaRp al
ose. $o hxs teen acknowledged to be Lilo ssfor ii tht
iAni tlst eent the naauey, .nd there are only two
hanks that havu dnruel ehostaKes of &lU0 This losI
Of the ~ UOU occutrel IN What IL knowu tho cgG
foou Of lhe treasury. which has colucesion will
tthsr of ths branches IN Which curEacy sent fur f
dAraptton IL counted
CONVENIENT HoIpS.