, 1875-07-30

trouble. They arc In rrcl. situation that tl.cy
can mave hitlcr and tthrr trtc.ne1y Tho ra,no
~ II nnthinE bad happened 10 nH. i"n haro
new accurea al that / can at present rna4illy
c"n1nuuscate. 1 cau giro you at this hour M
fn'thes particulars. 1 nayo already said morn
thau slaaea to.
Nr. Uunrsn vaa a1so asked II ho could give
an: it tcA Ut tho extent OF liza liabilities nnd a.
snsa bur i.e relied tl,&t l.o at present uter-
" nhall o To 10 70, tnt that 4 statement would
hooft'J he made public.
Tlix t1nA'R EoTr0S brEcuLaT1oxs.
Atfo f.rE Hrrtt, yHFv.F.
~ nas'nG b:cn matter u current comment foe
nsn"'na es tho o'ts'n E1cI,ango tl,at Nnn-
chf'+ Sherman Ga. wero tho largcA.
american holders Ut cvstyn fnr a rise.
the following thco1y Of teir dIstress
~ thn esa',s ,;' IN @saacssl bs slraa WHO hnvo
mtnts Of thu market, Last sc, te.n,rr. vLan il
lecsme a}AFent TINT tue crpl. ti."., a,,r,t mid
t!t'lEt llat! br"n considerably injured t,y ths uro
!.nHel df'usht, th" fp'ni'la!ao 'opserncu; to
Irn1noso nj advance was organ.znt. II rt~r,vn:l
Ho'sse strength from tic rtn,t Of tho Arr csl,nr.
n i.ureuu for Sc1,temhcr. showing :hat
at tho end OF Auf'st tia cuntlition nf
t'',, tho cro, ,n ~ conpaFed with tho pte't-
iS TO 20 per cesr. Estimates wcre p,,btiHhed,
baarl on thiB report, showing that tho ctnp
could NIT exceed J,ttJ"u1'0 bales. Cotton at tint
time Was quoted at ltys cents f,r ''n,idug uI,-
londA" Later teTso.ta from tho Eur.ai modified
the estimate Of damage, t;ll petBo.tA u Tho hul
Interest gradually rAiBed t!leIn 10 32J1Gsm aud
3.Gm,D90 bailey. and tho tu.1 re,Drt of tho
bureau for tho year put tho eettmate At 3t43.AyJ
Daies But the seyere druuSht matured tue crap
rapidly, aud tho frost in the litter part uf uc.
iOter hasteAsl tho termination OF tho pirk,1Iy
keAsop. Thess facts, ard The EuEt,ciR! ncrtls III
ti!c planters who had been abIu to got vary few
advances on the growing crop, hurTicl the crop
|" ,nsrkot. and for tho first seventeen wsnfs ot
III" crop year the recoipts woso largely in oxccHs
III tho rstrlaua Acason's receipts, 70 that en.l.
1na:nr based nn the rscatptn Of nroyious yeara to
t!.t .sh of Ueccmhet indicated \ cru, nt leat.y
4:5j1n0o taitA. That wholly dtKcrelited tho
rnr:-cr1p tatorles And cotton tho week hefnro
Christmas had teci.nrd at,out cents from tl.s
obtEts 1'rlces nf t!!s Eca~on, This was heavy
lea1 FOR the hull tait: ~ carry {tttt inst ttpt
tho IGceir,e began tu fall u1 rarGly, mid it noon
became evident that tho crop would not oxcecl
,UU bala. or perhaps 3,GfW,WW. This 10.
rAil an acfire buying 1ur an advance, aud
~ fho 'nlidle Of March tlhsf!ting urlands
wore gnotcd ns noucthiug aver II cents. TT
sl'ont ccnt4 atuso the Iowess },lins Then
tho cztsc1no dullurss uf lo:r 1sr.ua in cottuu
e"ula began to le ftt. Tho New England mills
tts'u to is'iuce their ptu!ncti.n 10 sunlnrt
tHr ltlhs &"t tht hull ar:y n.aie large kpnef,tA
to L.vcrsoo1, ulir!i, In yles Ut tho Btato OF
trade t!lc;o eAl1hed weak,.e-A In that market.
Tho planting hcason fur the next crop
Opened ia'"raL!y in tnoderatu degree
aad contintlrd to improve, It'll .o:ttu
again declined. Stsonc cEorsH were
made to chccl, tho downward tsu,.encv, bnt
il continued With frequent and tLatp huctan-
tiona until !estordAy. wllcu ptIces w.to full
cents per pnnntl below tbs liirl,crt punt in
March, cents lover than in Sspto,lfer, n.li
tia lowest OF t!s sen.un. Tis ii, i,I e.nl.l H. pi,
tue caht u earring. would DO vors ,sat !snus II
i ilnnhe Interested largely. On -tJ.s!J blicn
for instance, tho lohd Hinco Mach would bo
IL. 3.09b. UUu.
It II sald TINT Duncan, Sherman It. Co. cu.1esy-
oIcd to relsss themselves by extremely Iarro
siipmcnss to Liverpool aud the humber u Lacs
held tr them thcre III yar1ouaty estimated at flun
lNf,lEt to five nmea that s,tin. lh epto uf tho
Hhors crap, there iE moro American cntton hold
At Liverpool to-day t!,nn thore waB last ycnr
at thIs time, aud tho closing OF hundred ttilIa
rad 10 have beop. with the failure Ut @. i ".
Collie Of Aa::cheatcr. with whom tue American
firm IN believed to hAve had dealings. nre 1nrn-
TONED ~ Incidents that probably hAstenod tue
fail OF the latter house.
THE COMMERCIAL WAREHOUSE COMPANY.
=. IL tue suit Of James d. Fowlor a,d George
II. Fowler ". The Com:ncrciai Warehouse Cam
Fauy. Jnlge Ncatbrook to-day appointed 3lr.
laird 1tecolset of tho COMPANY. Mr.. nalrd
given bond in e2l. Coz. and his suroticH nEe john
!. Jose and Cosne}.ua Il. Dclama.os. The Com
pany are enloiued fza,n 4ispoalng OF any OF
theit property.
IN Ford l. !: a. ,. r. rom ,aIs Co, ,t... t,,.
prcsHlou iu tloir book buhiness has continued
since the panic OF 1878, aud Wills aggravated BY
tllo in their binlery in February lat. which pas-
a!gzed their spring sales. They claim that their
zsbots. At bare cost, exceed tteir liabilities by
over $50. 0uu, Tho CHRISTIAN Uuto,., they Hay, 10
haBtained hy ample canl!al; its condition is
sound, and lib prospects bright The statement
that II had lost ground since the Tllton-Doccter
trial IL not true. Ford Co.'S connection with
it is simply TINT, bes'dos bciug Stockholders iu
tho Company, they h.vo been on,pcacd ~ pub
lisllcrH Of tho paper. They aaye resigned that
caarse. and after tho 15lh OF August the tuBl-
mesa Of the paper u TO be transacted by tlelr
Haccats0sa.
At meeting Of tho creditors Of ]. B. Ford i
Co.. tho tiF.n stated tllat their assotH are sYA-
900 In c1cess OF their liabtties. 4 committee
was appointed. Tho amount ct the liabilities
is tot stated. The business f8 continued. sub-
tect 70 tbs action Of tho creditors, and payments
ars temporary suspended.