Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1877-08-23
ESPECIAL TO THE DAILY SENTINEL
YESTERDAYS DISPATCHES.
THE TELEGRAPHIC CONSOLE
DATI0N.
Full Details Of the Settlement.
TRADE PROSPECTS IN NEW YORk.
'ull Details OF the Settlement.
TRADE PROSPECTS IN NEW YORK.
NEW YORK, Aug. -.

The written contract agreed upon
will not lie gi.eu to the public because
IL contains many details which do not
concern the public. The Western
Union and the Atlantic and Pacific
Companies are now practically QUO
company. They will still he run as
two companies. each re'ainiug is old
officers and general organization. but
all the profits resulting from their tel
egraphing will be pooled. This ar
rangement will last for twenty years,
and this is the whole arrangement,
private details excepted, of course. IL
follows that rates will he advanced.
but they will he advanced only so lar
as shall secure a lair profit 10 the
companies. The Western Union has
bought "a majority of the Atlautic and
Pacific stock, nearly 12,uUO shares.
Mr.. orion did not say what rice was
paid, but it is believed that nearly
72.o00 shares were taken vt 50. About
~, goo shares of Western Union figured
in the consideration 1T SO. The Allan
tic and Pacific Company is therefore
now fully under the control of the
Western Union Company. Great sat
isfaction is felt and expressed by the
latter company. y prominent Western
Union dIrec believed that the ia es
would be only slightly advanced.
The company desires TO act equitahly
and modestly. Twenty five cenis for
a Geographic dispatch to Omaha was
TOO low. No company could afford 10
send messages to points so distant AT
that price, but the directors intended
to make only n small advance in their
charges. A meeting OF The Executive
Committee OF the Western Union Com
panv this morning ratified in full the
proceedings of the joint committee
last night, and The contract made by
that committee was placed on the rec
ords. Heretofore it has cost the two
companies from sixty to seventy per
cent. to carry on their business, but II IS
now believed by virtue of the new ar
rangement the expenses Will De re-
duced To fifty per cen
The Sun y w. j. Lyons, Vice
President of the Atlantic and Pacific
Telegraph Company Will. in conJunc
ton with other stockho' ders. make i'm
mediate application to the courts To re-
strain the officers of both telegraph
companies from further execution Of
The pooling contract.
lIt 4 fHtlS VI INT 4i5 ~
prospects in the grain trade: There Is
great hope of the good time coming
with immense crops from the West,
and there is a steady healthful growth
in produce and grocery trades, which
encourages men who are satisfied with
small profits. The volume OF business
done by grocers is larger up TO this
time than it was at a corresponding
late last year. Clothing manufacture
ers are filling small orders, but with
good inquiry tor their wares. There
ha> been and is animation among boot
and shoe manufacturers, and the hat
iers say they have not done So much
business for many years. Hard as The
times are called, piano makers have
hal a good business. and dry goods
trade reports indicate improvement
from 80 TO so per cent. in leading
houses. There is net so much dispo
sition as there was last August to
make sanguins predictions. but the
conviction is strong upon business
men that they will keep the ground
they have recovered and continue to
do a fair business with moderate re-
turns.
Thurlow Weed writes a long letter
to The Tribune defending the double
standard. The Tribune says editori
ally the fact that we can not accept his
conclusion makes his communication
none the less Welcome.
President Makers I'm Chicago.
CHICAGO, August II.
j. Madison Wells and Il. G. Ander-
son, of the Louisiana Returning Beard,
arrived here this morning. They are
~indispossd to talk on political matters,
$1,000 40 ~ tl,nf AtiSfntn il N tD
better condition under the Nichols
government than it was before. Tho
criminal prosecutions against them for
perjury remain in statu quo. They
will leave for Washington to-night.
Lawlessness la Kentucky.
LoUIsviLLE, August 81.
The escaped M~oonshine prisoners at
tackled Deputy US. Marshal Webster
and bomharded his house the entirs
night. One hundred or more OF these
desperate Illicit distill' rs menaced
Deputies Penn anu Adair in Hoodin
county. They threaten dire things tn
any deputy who invades their prem
Uses. The United States Marshal is
making a vigorous warfare on these
gentry.
Grand Lodge Of the knights Of
fytDluS.
HARRISBURG, Pa, August 81.
The fourteenth annual session of the
Grand Lodge of the knights OF Pyth'
, las Of Pennsy lvania opened in the
House Of Representatives to-day. A
report from the Committee OF Resolu'
J tons and Credentials was submitted
anu also a long report from the Grand
, Chancellor. Various committees were
appointed and u recess taken. Dele
! gates and prominent Democrats are ar
irving Tor the State Convention.
} Royal Arch MasOns.
BUFFALO, August 81.
A grand public reception Was tend
cred the delegation to the %lriennia
convocation of the General Crane
Chapter of ROYAL Arch Masons OF the
United Sia'e> this morning, which WAS
followed by a parade and The business
| sf tho M. x-sF IAN