The Cincinnati daily star. [volume] ([Cincinnati, Ohio]) 1875-1880, 1878-03-04
NEW YORK CITY
The Cuban Question.

NEW YORK CITY.
The Cuban Question.
National Associated Press 70 the Star.
New YoRK, March 4.-The excitement
among the Cubans and Spaniards conse-
quent upon the news from Havana has not
abated much. The Spaniards are jubilant
and conciliatory, and the Cubans crest
fallen and sullen. Gen. Gonzales has not
produced proof of the dissolution of the
Cuban Government, and as he has refused
| to make any statement to the press, the
question of surrender is shrouded in COM
plete darkness.
Relief of Sufferers I'm Turkey.
| A meeting was held yesterday afternoon
at the Thirty-fourth-st1 Synagogue to
devise measures for the relief of distressed
Hebrews who are, suffering in Turkey,
owing to the war The meeting was called
| under the direction of the Hebrew National
| Society, and it was decided to ask all the
Hebrew ministers in the city to appeal to
| their congregations for aid and to appeal to
the Hebrew societies. A committee of fifty
to embrace ministers and presidents of
organizations-to carry out this plan will be
appointed.
Railroad Shareholders Scare.
The Sun editorially to-day on repudiating
railroad leases says: A decided fiutter has
been created in Wall street recently among
holders of leased railroad stocks by threats
of repudiation made on behalf of their
lessees Shares of united companies of New
Jersey, OF Pittsburg, Ft. Wayne Il Chicago
Railroad Company, and of the Cleveland &
Pittsburg Railroad Company, all leased to
the Pennsylvania Road, have lost in conse-
quence of these threats from ten to thirty
per cent. in market value. The shares of
| Morris q Essex, the property of which is
| leased to the Delaware, Lackawanna d
Western, have likewise fallen from appre-
tensions excited in similar manner about
one-third Considerable depreciation of the
same nature is also noted in shares Of lines
leased to the Delaware q Hudson Canal
Company. All these leases were made in
| flush times Of war, and now that they have
proved sources of loss instead of profit, as
was expected some of the men interested
| in getting rid of them declare their purpose
| to do so by any means in their power.
The alarming features of the matter is
the way in which it is discussed by what
are regarded In Wall street as respectable
people," One of the Directors of the Della
ware & Hudson Canal Company, for in
stance, recently sent to friend of ours who
holds stock of the United Companies of
New Jersey, leased by the Pennsylvania
Railroad Company at a rental of ten per
cent. per annum and on which the lessee
last year lost ST. 100000 "You have got to
take less rent; ten per cent. is too much.
You must come down to seven or six"
1t was observed to him that a bargain
was bargain, and ought to be adhered to;
but he would not recognize the agreement.
1t is to the credit of the officers of the
Delaware, Lackawanna d Western Com
pany that they steadfastly declare their in
tentions to keep the agreement with the
Morris & Essex Company at all hazards,
notwithstanding it costs them overa million
year more than it brings in; but repudia-
ton is contagious
The hard times are bringing to light an
anlountsof dishonesty in American people
which ispainful to witness.
Attempted Suicide.
Leo Lange, trimming manufacturer, while
attending the funeral of a relative at the
Lutheran Cemetery, yesterday, attempted
to commit suicide by shooting himself in
the left breast. He was sent to the hospi-
tai.
Small Fire.
A fire occurred last evening in the whole
sale clothing store of A. Begers, No. Is
Walker street. The loss, which is small, is
fully covered by insurance.
Railroad Freight Rates.
Freight rates on East-bound traffic con-
tinue to decline. Rates from st. Louis to
New York are quoted 80 cents per barrel for
-four, or 10 cents per 100 pounds. From
Chicago rates are as low as 16 cents per 100
for grain, and provisions to New York
through bills of lading from Chicago to Liv
erpool being made as low as 56 cents per
hundred. Ocean rates from New York to
Liverpool about 1898 cents, leaving only
1862 cents for land transportation. 1t is
believed by many railroad men that one of
the object of the present cutting in East
bound rates is to secure as much as possible
of the grain and provision traffic before the
opening of navigation. 1t is generally con-
ceded that rates by lake and canal will be
unusually low during the coming season.
Provision Firm Failure.
New YORK, March AT the Produce Ex-
change to-day the failure of Messrs. Jewell,
Harrison & Co. is announced.
The firm was one of the oldest and largest
provision houses in the city, and formerly
dealt extensively in cotton. For many
years it has been located at No. q Water
street
The liabilities and assets are not yet as
certained. The firm was very popular at
the Produce and Cotton Exchange, and had
a large number of friends, who
greatly regret its suspension. The
house was well known throughout the
United States In the provision trade.
The Lowest Point Yet Reached
Gold has this morning declined to 1919,
the lowest point yet reached.
The motion for new trial in the McGill
murder case, at Cleveland, was argued Sat
urday, but promptly overruled by Judge
MeMath, who then sentenced the prisoner
to be hanged June 26sh.
A suit of General G. w. Custis Lee
against Frederick Kanffmann and others,
for the recovery of the Arlington estate.