The Newtown bee. (Newtown, Conn.) 1877-current, 1879-12-03
NEWS SUMMARY.
Eastern and Middle States
Peter Goelet, an eccentric New York mil
lionaire, died the other day, leaving an estate
valued OF $4,000 900.

Peter Goeet, an eccentric New York mil
lionaire, died the other day, leaving an estate
valued OF s20,f0n,0B1.
Five persons-th1e e colored and two white
were publicly whipped the other day in the
iaii yard BIT Newcastle Del. They had all
Been convicted oil larceny and each received
twenty lashes.
A great many marine disasters occurred on
| the lakes during the recent heavy storr. A
dispatch from Oswego, n. Y, says that the
| schooner American from that port, grain
! laden is ashore on Point Peninsula, Lake
| Ontario. The crew were saved. The schooner
W. B. Phelps, of Oswego, which wrecked
at Glen Arbor, Lake Michigan, was strptk by
| northwest gale and snotNstofIn, and, with
| her sails all set and trozen became unman-
| agsable, and went on the beach. Her captain
and four Of the crew persisted on the deck
| from cold and exhaustion The mate and one
seaman were rescued, after having been
the wreck eighteen hours, enduring terrible
/ exposure and suffering. Another dispatch
| from Erie, Pa, reports the going ashore of
| two Canadian vessels and the probable loss of
the crew OF one OF them.
A dispatch from Johannesburg, N. Y, says
| that Charles E. Courtney, the oarsman, is
very sick, and that there will be no race be-
tween him and Hanlan this season.
Giahatn the confederate OF Hunter, who
| was hanged for the murder OF Armstrong at
! Camden, N. j., has escaped the rope, the
acknowledgement accepting his plea OF guilty
of murder in the second degree, and the Judge
sentencing him to Imprisonment at hard labor
| for twenty years.
A collision between two IT, aims on the New
London Northern railroad between Palmer
| and Three Rivers Mass, resulted in injuries,
more or less severe, to seventeen persons.
The immense stables belonging to the Eighth
| Avenue horse-car railroad OF New York, have
been destroyed by the flames, and loss in
Cured of about $4,000. Two frenen were
badly hurt Ivy falling walls and leo horses were
| burned to death.
Several families in New York have become
| i'll from the effects of eating pies bought at
bakery, and one death has taken place.
About l, 90 women registered in Boston to
vote at the city election about 800 less than
was expected.
The largest sale of railroad stock ever made
| by single owner has just taken place in New
York. William II. Vanderbilt has sold to a
syndicate composed OF American and foreign
bankers 25h,C00 shares of New York Central
| stock at 100, payments to be made in monthly
installments. Of this amount $50, 900 shares
are sold outright, and the syndicate is granted
the option of taking 100000 more shares On
the same terms. The sale amounts to $780,
900. The prominent members OF the SYM
| dictate which has thus virtually bought $50 900
| shares OF Central stock j. S. Morgan &
Co., OF London, Drexel, Morgan & Co., August
| Belmont & Co., l.. Won Hoffman, & Co.,
Morton, Bliss Il Co., and Winslow, Laner &
Co., together with their European com ections,
and Edwin d. Morgan, Cyrus w. Field, Jay
Gould and Russell Sage. The completion OF
this sale harmonizes Tor the present the
hitherto conflicting interests of the New York
Central and the Wabash system of railroads,
and in one way another will affect the en-
tire railroad interests OF the country. By
this sa e Mr.. Vanderbilt allows the absolute
| Of laN N,N,l-T
out OF his hands. In explanation of his action
he says that public sentiment was strongly
opposed to the control OF such great property
by one man or one family, and also that there
was an antagonistic railroad interest which
was seeking alliances in other directions, and
that he deemed il best to harmonic this in.
terest with that OF the New York Central
The largest sale of railroad stock ever made
by q single owner has just taken place in New
York. William Fl. Vanderbilt has sold to 6
syndicate composed of American aud foreign
bankers 25o,000 shares of New York Contra
stock at 120, payments to be made in monthly
instailmens. OF this amount 10000 shares
are sold outright, and the syndicate is granted
the option of taking l00,GC0 more shares OF
the same terms. The sale amounts to $3.50,
100000. The prominent members OF the syn
dictate which has thus virtually bought 250, 00(
shares oil Central stock are j. S. Morgan &
Co, of London, Drexel, Morgan Co., August
Belmont 6 Co., L. Won Hoffman, & Co.
Morton Bliss & Co., and Winslow, Lanier 6
Co., together with their European connections
and Edwin d. Morgan, Cyrus w. Field, Jay
Gould and Russell Sage. The completion O
this sale harmonizes for the present the
hitherto conflicting interests OF the New York
Central and the Wabash system of railroads
and in one way or another will affect the en-
tires railroad interests of the country. BY
this sale Mr.. Vanderbilt allows the absolute
control of the New York Central road to pas:
out of his hands In explanation of his actor
he says that public sentiment was strongly
| opposed to the control OF such great property
by one man or one family, and also that there
was an antagonistic railroad interest which
was seeking alliances in other directions, anc
that he deemed it best to harmonic this in
terest with that OF the New York Central.