The times. [volume] (Richmond, Va.) 1890-1903, 1891-07-28
4 Never to b Forgotten Day In Wall
Street.
WHAT MILL HAPPEN NEXT? is ASKED.
rirst New Cotton-Green Goods Circuinrs'
nfcAuiiffo and Gibbons TO meet
Other New York News.
NEW YoRk BUREAU. RICHMOND TINES.

stock Of the company does not en-
trely accord with these deniais' ai-
though the decline is due in part 10
the Iouidstion Of long stock. Richmond
Terminal officials attribute the decline in
their securities solely to an attack on the
companys credit by some bear interest.
Some loans have been called IN on tne con
pany to-day. but they have been promptly
p,id of. Il is, however, said that a Well
known Southern capitalist who has been IN
tererted in Southern securities among them
has failed His name IS Withheld.
Today was one never 10 be forgotten by
the Richmond Terminal people. Inc Per
cent collateral trust bonds dropped doWp 10
49,. between 8 and 10 points below tho very
low figures of Saturday. and the stock ue-
clined 10 l0I1. o,
Something is going TO happen very soon
This thing canHOt keep up many Gays lOngei:
The question IS. what WIZ hAPl,ou ~
many persons look for receiyersnlPi lhe
banks and trust companies which hold the
concern "a securities would hardly allow That.
But there must be q reorganization or some
kind. Friends Of the company say that ine
rurnors are all false but they do not explain
why the tremendous decline IL me company
securities goes on. >,
TIE company has borrowed right and left,
and now its borrowing powers seem 10 nave
been exhausted The securities of the Rich
mond Terminal and Of It's constituent com;
panies are deposited with rs many banks ana
trust companies az would take theM as coA-
lateral for loans.
Some persons on the street believe that the
money TO pay the 6s and SIS has been obtain
ed by borrowing on the cOmpany's securities,
but there is no proof OF this.
FIRST NEW COTTON.
The first bale of the new cotton crop has
trnvedat the Cotton Exchange. 1t IS Georgia
uplands, and the net ayails after express
charges will be handed over for charitable
purposes. 1t weighed 874 pounds, and as II
was strictly low middling 10 grade was sold oy
auction at seven cents pound. 1t was SAID
that the price was somewhat low even Tor that
grade Of cotton.
MAYOR Grant to-day received about dozen
letters from as many different parts OF the
country, each inclosing lot OF green goods
circulars that had been mailed CT the general
postoffice. The writers say that they were
asked TO reply 10 addresses il Jersey City and
Hackensack.
The Mayor sent the whole batch to Post
master Van Colt saying that as the addresses
given were outside OF the State, he could not
call the attention OF the police TO the subject.
lie asked that some action be takon.
PRIZE FIGHT ARRANGED.
Jack McAulife signed to-day the agreement
TO meet Austin Gibbons in contest accord
lnE 10 lueeL5DuIy IulcS W n uulou AOl Sls.'VV
q side and purse of 81, 900 and the light
weight championship Of America The
match is to take place at the Granite CLUB,
Hoboken. on September 18th. the weight to
be confined 10 1856 pounds, to weigh before
entering the ring.
ATTACKED THE NEWSPAPERS.
The American Ssbbath-School Union be-
gan a two days session AZ Asbury Park yes
ferdav morning. The services are under the
Of 20 Tlr T
Bishop S. NJ. Merrill delivered the opening
sermon. He made a bitter attack upon the
newspapers, turned TO the reporters table and
exclaimed.
ANY man who will sit here and report
sermon for secular or religious papers is no
better than the man who ploughs his field on
the Sabbath"
GOT OUT AT LAST.
piece Of news in connection with the tor
pedo boat Cushing. now with the Squadron
of Evolution. has been kept quiet. But 1t Is
before the Navy Department for action. As
sistant-Engineer y. @. Bryan, who WAS detail
edto duty on the Gushing a couple of months
ago, has preferred charges against the com
handing officer. Lieutenant Cameron MGR
Winslow, for exceeding his authority as such
superior officer in sUspending him from
duty for doing what his better pro
fessional judgment suggested that he
ought TO do. When the Cushings ma
chnery was being oyerhauled. the boss on
the inside of the cylinder head of one of the
auxiliary engines was cracked b% the mechanic
who was taking il of. bir. Bryan reported
tho accident 10 Lieutenant WinslOW, and
asked If he should 60 ahead with the work on
he other cylinders. He received instructions
~ DO So but that the heads might not be
cracked in attempting 70 pry them of, he or
dered small hole to be drilled in the centre
of each. into which he put an eye bolt through
which an iron bar was passed 70 lift them of.
Lieutenant Winslow learned what had been
done summoned Mr. Bryan before him and
demanded to know why alterations had been
made in the machinery of the vessel without
his knowledge and permission. To this Mr..
Bryan replied that the work he had done did
not constitute change IN the machinery.
Lieutenant Winslow differed from the engi-
neer officer, and suspended him from duty.
Upon being relieved from suspension Mr.
Byran preferred charges against his COM
manding officer for exceeding his authority
and asking an inquiry as TO whether boring
hole In the cylinder heads the better TO facili-
tate their removal. constituted alterations in
the machinery.
PRETENDED TO CUT HTIs THROAT.
Davis Epstein, a Russian, twenty-t two years
old. lives with his young wife IN the tenement
house at 55S First avenue. He has been sick
lately, and Mrs. Epstein prepared decoc-
ton which Davis found extremely distasteful.
Ao mVCu 40 ue ODl6Ctou 10 LhhluR IL
his wife insisted, and the result was
the FIRST serious quarrel that has in
terfered with their domestic happi-
ness. This with thoughts of the objection
able medicine. so filed Davis mind with bit
terness that he determined TO die He sharp
ened a knife yesterday morning but at the
decisive moment his resolution weakened and
he merely scratched the skin over his wind
pipe horizontally for three inches. This, he
evidently thought would 50 scare his wife
that she would abandon the practice Of medi-
cine. Epstein's wound was dressed by real
doctor at Bellevue.
THE DEATH PENALTY
The Rev. Thomas Dixon, Jr.. in Association
Hall. in an address preceding the service
Sunday, spoke on the death penalty. He
said: The State of New York has recently
visited upon four criminals death by cleo
uicity., We DO not discuss the question of
method.
ave believe that if a man is to be killed
the most humane manner in which il can be
done 10 the best We do not object to the
death penalty because we believe it is too
severe, or that It is unjust in its severity.
mere are crimes committed for which the
death penalty Is utterly inadequate.
Society. II IT has the right to live. has the
right TO protect itself against criminals"
BRIEF But INTERESTING
"A policeman was on guard yesterday in the
dwelling, No. ii Coles street. Soutb Brooklvn
where Mrs. Maria Jane Nelson was murdeyed
last thursday by her husband Harry Nelson