Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1876-08-25
EUROPE.
The POpe's SuccessOr-Ca Cardinal AntO-
nelll-Latest from Servia and Bel
grade-Russian Alliance with
France.
An Amended Erie Reconstruction
Scheme One Million Liabilities
The Difficulties in Heavy
Repulse Of the Turks.
French Monetary

French Monetary.
PARIS, August 24.-Specie in the
Bank OF France has increased 8, 7S4, 900
francs the past week.
| ReInfOrcements for Cuba.
MADRID, August 24.-Further REIN
forcements will be dispatched to Cuba
at the end u September.
No Hope of Cardinal AntOneIIf's Re-
| cOvery.
] PARIS, August "a The news from
Rome received here yesterday gives no
hope of Cardinal Antonellrs recovery.
BOmbardment OF AIexinatz,
| BERLIN, August 24.-The Servians
speak of bonn bardment of the works
| about Alexinatz. This Is supposed to
show that they have been driven behind
their Notifications.
| The Prince Imperial, of Austria, Will
| Visit America.
VIENNA, August 24-The Morgens
| Post says that the prince imperial of
| Austria will start, next autumn, on q
| two years tour through Europe and
| America.
From Cape Coast Castle.
LONDON, August 24.-Advices re-
ceived from Cape Coast Castle, dated
August I'd, state the king of Dahomey
has confined all the Europeans at Why
dat in their houses, and threatens to
massacre them. r-
English Finances.
LONDON, August A,-The proportion
of the Bank of England reserve
to the liabilities is 605 per cent.
The amount of bullion gone into the
bank day is el00, 900, and the amount
withdrawn (sll for Lisbon), 1926
Specie has decreased in the bank the
past week, ELL 900.
How the P0pe's Successor is to be
Chosen.
ROME, August "a "A convocation Of
cardinals is now sitting to ascertain the
feasibility Of introducing certain modi-
fications in the system OF electing popes,
so that the electors may exercise full
liberty when it becomes necessary to
elect successor to the present pope.
Russian Alliance with France.
LONDON, August PA correspond
ent telegraphs from Paris as follows: 81
have reason to know that shortly before
the Propagation of the chambers seri-
Gus proposition for Russian alliance, with
the prospective restoration OF Alssce and
Lorraine as bail, was completely frus-
trated, owing to the resolute attitude Of
the Republican leaders.
Result of the Fight Last Tuesday.
BELGRADE, August PA official dis
patch, recounting Tuesdays fighting,
says that both sides maintain their posi-.
lions. The Turks have received REIN
forcements to the number Of fifty thou
sand. Yesterday afternoon it was ru-
mored that the Turks had abandoned
Saitchar in order to concentrate all their
forces for an attack on Alexinatz,
The SaIOnica Outrage Settled.
CoNsrANTINOPLE, August 24.-The
French and German ambassadors have
informed the Porte that their govern
ments are satisfied with the reparation
made by the Turkish government for the
Salonica outrage. The Porte has re-
| fused to consider the Greek note respect
ing Crete until the termination Of the
war, meanwhile business in Crete is at
q standstill, and judges refuse to sit.
100000 Liabilities.
LONDON, August 24.-Tae Fsndncier
says the the liabilities of the large iron
making concern in the Cleveland dis
| trict, about which much anxiety has
lately been felt, are 81, 900, 600. The
partners, however, have prepared q
| statement, according to which the as
sets show surplus, A preliminary
continue the works as joint stock con-
Germ, as in the case Of Vaughan & Co.
Another large company in the same dis
| trict Is also embarrassed.
| Another Heavy Battle.
| AuOroS aOoo;oI - 81, -
| Standard from AleXinatz says General
Tchernayeff attacked Ali Saib at noon
Wednesday. Twenty-seven Servian
bsttalions, with two batteries of artil-
lery, passed through a valley leading to
the northeast of Alexinatz. The move
ment was discovered by the Turks, who
went to meet the column. The Turks
held their ground, although the Servisus
were superior in number. The losses of
| the Turks were heavy. Nearly al their
| officers were killed or wounded. The
Servians fought under the shelter of the
| forest, but at six o'clock in the evening
retreated to Alexinatz. Their total loss
was one thousand killed and wounded.
The Cause of seryia's Delay.
| VIENNA, August "a -Servia's delay
| In accepting the good offices offered by
all the powers at highlands initiative, is
| occasiOned by the remonstrances of
Montenegro, who fears being exposed to
the whole force Of Turkey in the event
of Servia concluding separate peace.
| A compromise has consequently been
| arranged, in accordance with which
| SerYia makes one more effort in which
Montenegro will cooperate. This ex-
plains the sudden march of the prince of
Montenegro toward PsratjiD, where he
will unite with his brother-in-law Vo-
koDjes, with the intention Of attacking
the Turks about Alexinatz in eoDjune.
tioplwith the Servian forces In the same
neighborhood.
Heavy RepuIses of the Turks;
BELGRADE, August 24.-The Turks
| yesterday made three desperate attacks
on the Servian positions at Alexinatz,
| and some of the Servian battalions lost
more than q quarter Of their strength.
! Several Russian officers were killed.
| The Turks also lost heavily, being ex.
| posed to q cross-fire of artillery from the
intrenchments. General Tchernayeff,
who commanded the Servians in per.
son, succeeded in repulsing the Turks
on each occasion. The Turks renewed
the attack early this morning, and were
repulsed along the whole line, and fell
| back two kilOmeters. General Tcherna-
yeff is understood to have decided, in
event of defeat, to fall back on Belgrade.
Cuprija, on the Morva river, has also
been fortified as the third line of defense.
If General Tchnernayef is successful he
will advance on Nisch, in the direction
of which the Servian General Hsrvato-
witch ia now advancing. General Tcher-
nayef telegrsphs Prince Milan as fol-
lows: "Our affairs are not progressing
badly. The Turks have evacuated the
line of the Timok, but still occupy Salt.
| char.
| An Amended Erie Reconstruction
| Scheme.
LONDON, August 24.-The Times, in a
financial article, says that an amended
| Erie reconstruction scheme has been is
sued, providing that up to 1879 four cou-
pons Of the first consolidated bonds are
to be paid in cash and six funded. All
coupons after 1879 will be paid, and cou.
pom bonds bearing interest at seven per
cent. and payable In gold in 1920 will be
issued in exchange for funded coupons.
The second consolidated mortgage
bondholders are to fund ten consecutive
coupons rom June 1, 1875, to December
l, 1879, and the convertible gold bond