Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1879-02-17
Failure of European MerCan-
tile House for 100000
Silver ROubIes.
Bank of England's Control Over
the Money Market--MOney
Will Not be Cheaper.
Latest from Cape TOwn-.-The British
Forces Reinforced IAN Quiet
asao on the Frontier.

IA NEkPOOlr feDruary lI-Ihe
trades council and laborers' delegates,
after consultation yesterday, advised
the men to accept the masters offer of
arbitration The strike continues
this morning, but the numbers at
work have increased. Able-bodied
men from the workhouse are freely
employed The sailors continue to
hold out.
BERLIN, February 1.-THE Moscow
journals were not allowed to appear
on Friday until they suppressed un-
favorable plague news.
Notice has been given in the Ger
man parliament of a bill imposing
higher duties upon iron.
NEw-CAsTLE-ON-TYNE, February
1.-THE boat race for f400 and the
championship of Great Britain, be
tween Higgins and Elliott, on the
Tyne to-day, resulted in victory for
Elliott, who beat Higgins by about
three lengths.
LONDON, February 17.-Arrived,
w. A. Shoten, from New York, and
Hansa, from Baltimore.
The Augsburger Allgemeine lei
tung reports that panic prevails at
Revel in consequence of the failure of
the mercantile house of Eggers &
Go. with liabilities of 1,OO0,OOO silver
rubles.
The Times says that the collection
of government revenue has given the
Bank of England such control over
the money market that it is not prob
able that money will be cheaper than
at present until after the end of the
financial year, April,4.
Pleuro-pneumonia is spreading
among the cattle in North and East
Yorkshire.
About 5000 weavers are out of en-
ployment at Macclesfeld on account
Of depression in trade.
The Times says it is probable that a
brigade of all arms will be dispatched
from India to reinforce Lord Chelms-
ford The Fifty-seyenth foot will
leave Colombo, Ceylon, tomorrow and
may be expected at Port Darlan, Ma
tai, March 10Th. In the meantime
lord Chelmsford has already been re-
inforced by one company of eighty
eight men and regiment from st.
Helena, and by 300 men of the
Second battalion of the Fourth from
Cape Town. This will bring up his
infantry force to nearly the same
strength that it was prior to the dis
aster of the 22d ultimo.
Later kilograms from Madeira give
news from Pieter- Maritzburg. 1t is
stated that at . o'clock on the morn
ing of the 9th of January Lord
Chelmsford was then at Maritzburg in |
conference with the governor, Sir |
Bartle Frere. All was quiet at the
front, and the feeling was much calm
er, Hulus has been repulscd from the
fort on the lower Tugola. A report
that Lord Chelmsford had returned
upon the Helpmakaar is unfounded.
Captain Stafford and Lieut.. Davies
of the Natal contingent, who escaped
from the disaster to Colonel Glynn's,
speak highly If the conduct of all en-
gagged, and the courage and frmness
Of the native contingent, thus dis
posing of the report of mutiny and
of officers by the native SOL
iiers..
CALCUTTA, February H. There
was slight fall of rain in Paunjab on
saturday, but not sufficient to appre-
,iably benefit the crops or diminish
.he risk of famine, which is immi-
nent, unless more rain falls within a
fortnight. In Dude and the northwest
provinces the situation is equally bad,
md there is also some complaint from
Bengal.