New-York tribune., 1879-11-14
MISSING AND ABANDONED VESSELS.


ANXIr1Y FELT FOR TWO sTEAMERs-wHY THE
ROYAL ARCH WAS LEFT TO HER FATE
ApprchensiOns are felt among shipping men for
the safety of the Brit sh steamship Joseph Pease.
which sailed from this port on October l for Mar
srilles and the Telford which sailed October for
Antwerp. "a they have not been heard from since
their departure. The Telford had cargo of 2,195
bushels of wheat, 81 900 bushels of corn and other
cargo and should have made the voyage in eighteen
or twenty days The consiguors are ). [. Tucker
a Co.. of this city, and her crew consisted of Cap
tain Wilson and twcnty-one others, all of whom
were shipped in England, aud whose names are not
known here. She was an iron screw-steamer with
five water-iight compartments schooucr-rigged.
carving capacity of 1.7l7 tons, and was built at
Newcastle-on- Tyne in 1877. The Joseph Pease was
also an iron screw-steamer with four buikheads,
built IN Stockton, England, IN 1876. and of the
same tonnage capacity as the ietOrd she was
commanded by Captain Parkman and had crew
of twenty-ihrcc men. whose names aie unknown by
the agcnis. BowTing Archibald. rhe had cargo
of 81 200 bushels of wheat ami 2l,3uO bushels OF
corn winch was loaded uudcr the SUPERVISION OF the
lIaln inspectors of TINS port.
The British bark Royal Arch. which was picked
m at sea on Saturday last by the steamship Zee
laud. aud had crew from the iceland put on board
To brlng her To this port had not arrived at sun
down last night 4 dispatch from Liverpool says
that The steamship Minnesota, which arrived there
on Tuesday from Boston, had on board the crew ol
the Royal Arch. The vessel was sighted OH me
Indicated that she in a sinking condition.
boat was lowered from the steamer TO take the crew
from the bark. but the sea was so rough that the
sailors had jump Overuoard 10 be rescued ny lines
thrown to them. They reported that IN the huIrl-
cane of October 20 the vessel sprdng leak, ana the
pumps became choked 80 that there were 10 hopes
Of saving her. One of tue crew had been washed
overheard and drowned.
The bark Northern Chief arrived Yesterday from
Rotterdam, having on board Captain Mcfce ana
eight men. composing the crew Oi TIE wrecked brlg
Hattie Davis. Captain McFee SAID that his vessel
was from ChaIlOtteioWn, l.. J.. l., for Barbadoes.
with a cargo of fish in the hurricane Oi October -
the brig was dismasted and caused 10 leak. AT the
time she was abandoned there were he lcct OF
water the hold, and the vessel was rapidly SINK
Ing.
SETTLING WITH STEITAUER BROTHERS.
Meetings of the committee of creditors of Stet-
tauer Brothers & Co., the suspended dry goods
firm of Chicago, were peld yesterday, at the office
ofC v Bliss the chairman. Mr.. Tenney, the at
torney of the firm appeared before the committee
and made some explanations, and the report OF the
expert L. c. Burnap, was carefully considered
The unlavcrable feature of the fallure-the firms
statement of its condition on January l, 1s79-was
disposed Of the conclusion being reached that II
was NOT made with any rauiulent intent, as the
firm had almost certain expectations OF receiving
abundant capital. The committee hnaiy decided
upon a basis Of settlement, which was accepted on
behalf of the firm by Mr.. Ienney the nrn TO pay
fhe unsecured creditors 90 cents ON the dollar cash.
The members of the committee, who represent
100000 Of the Indebtedness signed the settle
meut and paper was drawn up for the signature
of the creditors This large cash settlement makes
necessary aid from the wealthy relatives OF the
firm The announcement of the agreement was
very favorably received by the creditors who heard
of II. Nomeeting Of creditors will be held. as eacn
individual creditor will be asked TO sign the settle
meut papers 80
Bernard King, manufacturer of cloaks, at No. 13
Mercer-st. made an assignment yesterdly 10 lsdOr
Iymcs, giving preferences Tor S3,z59 W. Inc as
signment made III order 10 protect ms creditors
against a judgment obtained IN Brooklyn court on
Wednesday for $500 by John Nederbald. for
damages IN consequence of the alleged betrayal OF
the lattef's daughter by King. breach OF promise
eult fOT 81 800 is also pending.
IT'LL. I.1-A.IpAI 1I pIII Apn SCHEI /