The Worthington advance., 1878-11-21
STABBED.

ill., STABBED: !
Angelo spanglo, in East Broadway,
near Chatham Square, New York, on the 18th
Inst, stabbed Peter Drake In the neck with =
long knife. spanglo, after plunging the
weapon into Drake, ran away. Drake shout
ed Il am stabbedw and pursued the Italian a.
far as Mott street, when he fell and expired.
An attache of the board Of public works, who
witnessed the murder, gave chase. spanglo
ran through Mott to Park street and thence
Into Baxter. He was captured in a miserable
hoVel near Five Points, after hard struggle.
Lie gives as the reason for the murder that
Drake had attempted to cut him and blacked
MS eye during quarrel.
NEW TELEGRAPH COMPANY.
Rumor of a proposed organization of
another telegraph company have been current
in New York for some days. The persons who
were mentioned in connection with the enter
prise include Jay Gould, Russell Sage, Frank
work, and several prominent spectators on
the Pacific coast. A banker said in the Office
ofGould: A conference had been held at which
tllo prospect Of establishing new company
With q cash capital Of $10,0OO,OO0 had been
| considered. The different railroad lines were
represented at the conference, among them
being the Pennsylvania, Philadelphia s. Read
ing, New York Central, Lake Shore, Erie and
Great Western and Baltimore & Ohio CON-
panies. The Western Union officials say the
report Is mere stock jobbing canard.
RESUMPTION.
The New York clearing house has de-
cided upon the following plan Of action after
Jan. l, 1879: First, to decline receiving gold
coins as special deposits, but accept and
turn them only rs lawful money. Second, to
abolish special exchanges of gold checks 1t
the clearing house. Third, pay and receive
balances between banks ut the clearing house
either gold or in United States legal tenders.
Fourth, receive silver dollars upon deposit
only under special contract to withdraw the
same in kind. Fifth. to prohibit the payments
of balances at the clearing house in silver
certificates or In silver dollars, excepting as
subsidiary coin In small sums, say under SO.
Sixth, discontinue the gold special account
by notice to dealers, the 1st Of January next
to terminate them.
CUTTING RAILROAD FARES.
The competition in eastward bound
passenger rates, which, 1t is asserted, have
been secretly cut for three or four months
past, have finally forced prices down to the
lowest figure known for years. The Atlantic
& Great Western announced New York and
Philadelphia tickets at 81 each, Pittsburgh
$2.75, with fares to some common points In
Ohio OF a nominal sum. The Pan Handle
rates to New York and Philadelphia have not
yet been reduced below IS, but this will no
doubt follow its opponents with decreased
charges. Tickets sold at these prices are re-
bate tickets, and spectators have no oppor-
tunity to take advantage Of the reduction
All agents report good sales, and know moth
ing OF the return to former prices.
IRON COMPANY sUsPENDs.
The Allentown, Pa, Iron company,
having an Office at No. 23O South Third street
Philadelphia, have resolved to temporarily
suspend business, and named Nov. Goth as the
date on which the stockholders are to meet
to receive statement Of the financial con-
di ion OF the company. The company has
four furnaces in full blast, and their stoppage
| will throw out OF employment a large num-
ber of hands. One of the directors states that
the total liabilities will not exceed half mil.
Il
lots in Allentown, owned by the company,l
ct down at $1,oO0,000.
CONSOLIDATION.
Negotiations for the consolidation of
the Daily Joruna', Republican, and St. Louis
Times, the Democratic paper, of s.. Louis,
Mo-, has been closed and hereafter the papers
will be published as tho Iimes-J Journal and
foA Str
per- Geo. c. Hale heretofore editor of the
Journal, wi'llbc managing editor OF the 7In,es-
Journal, and Emery s. Foster and Eugene
Field, Of the latter paper, will have places on
the staff. Major r. s. Sylvester, former man
aging editor of the Times. will be retained, but
his position is not yet defined. The business
management will remain unchanged, with B.
NJ Chambers at the head, and Mr.. Fisher as
| actual manager. The Eueniag Dispatch, which
was owned by the proprietors Of the Journal,
will be published fo- some days yet, but it is
understood negotions are pending for its
| purchase by the owners Of the Evening Post.
UNCONSTITUTIONAL.
Judge Dyer, of the United States court
rendered an important decision in the trade
mark case of Milwaukee. Leidersdorf & Co.,
tobacconsts, sued to cnjoin Flint Il Co., from
| the use Of certain labels. Defendants demur-
rcd and held that the the court had no juris-
diction. This raised the question Of the con.
stitutional powers Of Congress to legislate up
| on the subject. It was decided that the con-
stitutionality OF the trade mark statute cannot
be sustained under the clause which gives to
Congress the power to regulate commerce
among the severa: States, nor any other Of the
provisions OF the constitution which prescribe
the legislative power Of Congress The court
therefore held it had no jurisdiction to enter
tain controversy between citizens Of the
same State, and sustained the demurrers.
| SUNDAY BOAT RACE.
On Sunday afternoon Nov. 17th at st.
Louis, No., an exciting four cared boat race
took place between the Modoc and St. Louis
crew for wager of $3.50 side, made by H
Clay Sexton, chief of the fire department, and
J. A. St. John, president OF the Modoc club
one-half the money, to be expended In a gold
medal for the winning crew. The course wal
from the northern wall Of the arsenal ut