Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1875-09-03
NEW YORK.

the receiver, and the Board Of Directors
of the Erie railway, have had a confer
ence with the English committee APP
pointed to inspect aud report upon the
condition of the road, aud agreed that
the advice OF foreign stockholders should
be considered in the management. Sir
Edward Watkin says the way was clear
to a speedy and thorough reorganization
without serious damage to the prosperity
and interests Of the road. AS soon as
the reorganization was effected they
should strive for IN economical and &C
tive management, and though the Eng
lish interests had the power to command
it, the new Erie will give its attention to
internal dsvelopement and waive all am
bilious schemes which have proved SO
disastrous in the past, aud would be sat
is6ed in efectually controlling what was
strictly its own property ard leave rail
road wars to others. ,
A party of twenty gentlemen, headed
by General Fitzhugh Lee, arrived here
to attend a conference with leading
Northern residents as to the best means
Of bene6ting the material interests of
that section Of Virginia which was the
chief theater of active operations during
the civil war, and has eyer since suffered
owing to the want of immigration.
The Tribune has a special from San
derville, Georgia, which says the trial Of
Carday Harris. the negro mar accused
of attempting to incite an insurrection
among the negroes, was closed at $3.50
last evening with a verdict of not guilty
from the jury. The evidence for the
State was all submitted by II o'clock
yesterday morning, and the afternoon
was occupied by the arguments of coun-
sci. The defense introduced no wit
nesses. The acquittal of Harris was
simply the result Of failure Of the pros
ecution TO produce any proof OF erimi-
nal intent in any Of the acts which the
prisoner was accused.
The Herald's San Francisco special
says the Democratic State ticket has
fully 10000 plurality; that Bidwell, the
independent candidate for Governor,
did not carry a county, aud that A. j.
Bryant, an old-time Republican, is
Mayor.eleet He was adopted by the
Democratic Convention-it is generally
understood, also, at the solicitation of
Ralston, Of the California Bank.
A St. Johns, Newfoundland dispatch
states that the whaling schooner Abbie
Bradford was spoken to at sea. She re-
ports the loss ofher mate, Mr.. Robinson,
and FIVE men in a boat last September.
The letter Of A. Gounod, the eminent
French composer, declining the direc
ton of the American college Of music, to
be established in this city, is published.
1t closes thus: IF | dared offer
any advice it would be this, put an
American at the head of an American
conservatory, whoever be may be-,
An order OF publication has been
granted in the suit of Drexel, Morgan &
Co. VS.. the Bank Of California, to recover
$4,000 in gold on. aaidavits that the de-
PENDANT is a foreign corporation, whose
President is dead, whose Cashier lives
in San Francisco and which has no off.
Ger in this State on whom service could
be made. The suit is on circular notes.
The usual London dispatch about the
market at the opening is as follows:
The market was steady at the opening
Of business this morning, with a fair de.
mand for American government and
railroad securities, although dealings
are somewhat limited. Consols declined
ID; U. S. 5-2O's of 1865 advanced Id;
Erie is quoted I'D higher; New York
Central and Hudson River railway ad.
vanced &c. Virginia State bonds have
risen fully l per cent. since yesterday,
and appear to be in strong demand for
investment. The Stock Exchange will
be closed tomorrow for repairs, SO there
will be street quotations only.
A special from London says that the
Turkish consul at Selim, desiring to visit
Belgrade, was refused admission, and the
Porte has demanded an explanation.
A dispatch from San Francisco says
D. 0. Mills, President Of the Rank Of
California, authorizes the statement that
the capitaiists of that city will subscribe
sufficient to take up the stock of the
bank and guarantee the stockholders
against loss. All claims against the
bank will be paid in full and they viii
oavo. l....n.. .--.I.