The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-08-03
NEW YORK NOTES.
The Approaching Convention of
Bankers at Saratoga.

Programme of the Proceedings, the
Speakers and their Subjects, etc.
New YORK, Aug. 2.-There is great interest
In banking and commercial circles over the
Bankers Convention, which meets at Sara
toga next week.
On Wednesday, Fl. H. lamp, of Milwaukee,
and Thomas Sharp, OF Indianapolis, will give
history of the Western banks. and an ad-
dress on Southern banking interests be made
by VIM. H. Patterson, of Atlanta. Mr.. Glib
son, OF California, will describe the banking
Of the Pacific SLOPE
The second days programme includes adj
dresses by John @, New, ex-Treasurer Of the
United States; John j. Knox, Controller OF
the Currency, and Col. Vermlye.
The third day j. w. Proctor, of Danvllle,
KY, will make an address on the evils Of bank
taxation; l.. Halsey Williams, cashier of the
Fifth National Tank Of Pittsburg, will read a
paper on tax relief, and there will be other
their Dangers" papers by f. T.. Lamb, act
Ing superintendent of New York, and o. S.
Bond, OF Toledo, "The Banks and the Peo-
ple," paper by Harvey J. Hollister, cashier
Of the First National Bank, Grand Rapids,
Mich: "The Interest of Labor and Labor
ers-Prosperity and Success OF the National
Banking System" q paper by Hon. Daniel
Needham, bank examiner of Massachusetts;
"Reminiscences OF Banking and Bankers;
addresses by T. p. Handy, of Cleveland. and
other members; Bank and Real Estate
Loans paper by William G. Breese of
Chal lesion, S. G.
THE FINANCIAL REVIEW. .. .
New YORK, Aug. 2.-The events OF the
week in financial circles were important In
many respects. The money market worked
easily, and there were abundant offerings of
capital al IA and per cent until Just before |
the final close, when the market showed a |
hardening tendency, and the rate for call |
loans rose to per cent but subsequently fell |
to 5 per cent. Government bonds were strong |
and active on brisk inquiry from all classes Of |
investors. Foreign exchanges were weak, and
rates were reduced to 4s3094s5
Railway and miscellaneous speculation was
by degree OF buoyancy unpar-
alleled for years past, while the dealings have
summer season. The advance In prices for
5he week ranged from u n to 81 per cent. In
l majority OF cases the highest quotations of
,he week were made to-day. Granger stocks,
Northwestern and st. Paul led
II point of activity and buoyancy, and after
.hese shares come Lake Shore, st. Paul and
Cedar Rapids and Northern
Kansas City and Northern Wabash, Ohio and
preferred and Iron Mountain
At the close the general market was close on
The highest figures OF the week.
A PROPOSED SUMMER RESORT.
A company OF capitalists has purchased a
large tract of land at RockaWay which they
will add to some adjacent property and pro-
pose to lay 1t out as parks and to erect llpOn
it large and handsome hotels. The railroads
will connect it with New York by routes so
1rect that it can he, reached In little more
than half an hour. 1t is proposed to establish
one of the most attractive seaside resorts In
;he world.
THE FISHERIES QUESTION.
The Worlds Washington special says 1t is
hOught the minister selected to succeed Mr.
Welsh will be charged with negotiations with
he British government on the fisheries u,les-
ion, and Secretary Evarts will certainly ask
hat a naval vessel may be sent to the fishery
grounds to secure latest information respect
ng the value of the fisheries.
PoRTELLo AND HIS WIFE AND CHILD.
Francisco Portfolio, the italian murderer
vas visited by his wife and child to-day In the
[ombs: The wife has just been released by
writ of habeas corpus from the Workhouse,
where she was sent the day of the murder as
vagrant. She was arrested begging in the
handsome woman, aud is said to
rave seen better days in Italy. Portfolio was
1ery much affected in the interview anG cried
ind laughed alternately over the babe. The
Interview was brought about by the prison
officials in the hope that it would have a
IOOthing effect upon Portfolio.
HEALTH AND OTHER STATISTICS.
During the past week there were 636 deaths,
3S births, 103 marriages, and 1893 arrests by
he police. Nearly 700 licenses were granted
~ the board of excise during July. The fees
aggregated S30G9o
EMIGRATION MATTERS.
This afternoon the steamship Wezer arrived
rom Bremen with 291 immigrants, and the
jity of Montreal brought 300 from Queens
own. They lay swetering in Castle Garden
or two hours while the officers were making ,
he necessary entries from their arrival and
transportation on railroads. The commits :
,ioners of emigration have Investigated the
Of steerage passengers on the
steamer Rotterdam; that on account Of the
atte on the ship the steerage was uninhab-
table, and on their recommendation the com
ANY will hereafter provide special ships for
attic, which will not take passengers.
WHAT THE INSURANCE COMPANIES SAY TO
DWIGHTS EXECUTORS. 6
New YORK, Aug. ANSWERS to complain Y
nt5' suits, the executors of the late Col. {
dwight, have been put In by the several in
urance companies concerned They deny
hat the plaintiffs are the executors OF the
ate Col. Dwight, and deny that in his appli- i
att to the various companies he stated the c
ruth in answer TO the various questions pro- C
ounded to him. The com panies say Dwight 7
ither committed suicide or procured the {
aking of his life with the desire to defraud
hem. The facts as alleged in the answer are
be same which were stated to exist at the
me Dwlght's death caused 50 much excite i
1ent. ~. 1
ooL SELLING PROHIBITED BY THE POLICE. t
John Hackett, who keeps q pool at No. AZ 7
,arclay street, known as the Parole Cluh,
nd James b. Brown, of Oroko, Scammell x
;rown, who run similar place at No. Bar
lay street, were this morning ordered by the t
olice to stop selling pools on the Saratoga c
nd Brighton races. The method which has a
cen folio wed by these card sellers and book /
lakers has heretofore been regarded as a
uccessful technical evasion Of the law.
BoYToNS LATEST SWIMMING FEAT
Capt. Boyton, in his original rubber suit. y
tarted from the iron pier, Long Branch to
vim to Manhattan beach, Coney Island, at
clock this afternoon. He Is expected to
each the light-ship at $50, and viii rest
ntil daybreak He will be looked for at