Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1878-10-05
w S.
ESPECIAL TO THE EUREKA DAILY SENTINEL.
CITY OF GLASGOW BANK.
FAILURES FOR $50, 900, 900.
Failure of a Ship-building Firm.
YELLOW FEVER.

LONDON, October 4.
The total liabilities of Smith, Fleming
& Co., East India merchants, whose fail
ure was announced yesterday, is estimated
at over SO, 900, 900. Their corresponding
firms, which fail with them, w. Nichol &
| Co., OF Bombay. and Fleming 4 Co., OF
Kaurachee, are doubles considerably less.
1t is understood, however, that in conse-
quence of the exchanges of pape between
| the City of Glasgow Bank and the Indian
| houses, the same set of liabilities will be
found repeated in the balance sheets of all
these collapsed establishments. The
Findncier says 1t is morally certain that
all the firms connected in this sort Of cir
cular Bullying must succumb. One
house in Scotland and one in Australia
are concerned in the paper to the extent of
S., 900, 900; one doing business i'll Scot
land and the East, $500, 900 one located
in India owes the bank $500, 900 for accept
ances, and SO, 500, 900 for cash advanced,
Three other afflicted Indian houses aggre-
gate an indebtedness OF Sc, $50. 900. The
Financier estimates that shareholders Of
of $40, 600, 900, placing the failure among
the most disastrous on record.
The Glasgow Herald says: Rumors are
current that some OF the Directors of the
City OF Glasgow Bank received enormous
advances out of the funds they were ad-
ministering.
1t is reported that a large shipbuilding
firm in Glasgow has failed.
A dispatch from Karaulie states that the
movement against Cabul will begin imme-
diately. A similar dispatch reports that
no communication has yet been received
from the Ameer. The natives bring down
word that the Ameer is collecting forces
from all quarters to oppose the advance Of
the English Minister.
Mr.. Layard is expected to arrive in Eng
land at an early day, to consult with the
Government on the subject Of British
policy in the East.
A Madrid special says that considerable
alarm has been caused in that capital by
the appearance of 90 cases of what was sup
posed to be typhus fever in one Of the most
~populous quarters of the city. Three Of
the sufferers have been admitted into the
hospital. The doctors to-day declare that
their symptoms were those Of yellow fever,
and that the infection was brought from
Cuba by the returning soldiers. The pa
tients in the hospital are in a critical con-
dition. OF the persons attacked and
treated at home, 8 or 10 died. The Board
of Health declared that there is no fear of
an epidemic, but every precaution is being
taken to prevent a spread of the disease.
CoSsTANTINoPLE, October 4.
Mr.. Layard, the British Ambassador, is
informed that pirates have made their ap-
pearance in the Persian Gulf and the Gnlf
Of yalz, and has asked permission from the
Porte to send British men-of-war to OPP
crate against them.
FLORENCE, October 4.
The population is excited because a
member of the Internationals has been
killed in a duel by an officer Of the Bersa-
glieri Regiment stationed here. The
troops are confined to barracks. 1t is
hoped tina. the agitation will subside.