The times. [volume] (Richmond, Va.) 1890-1903, 1891-11-24
DISPLEASED WITH THE TERMS.
The London Stock Exchange RepudlateS
the Virginia Debt Settlement.
FOSSECA'S REPORTED RESIGNATION.
No Confirmation Of the News or tho Rumored
Revolt at Rio do Jgneiro-Ncw
York News in General
NEW YoRK Bureau RICHMOND TINS.
Nov % 1901

Nov. -. 1891
The Posts special cable from London to-
night saws: The Virginia settlement is re-
pudated by the Stock Exchange. aud it ia
believed that the bondholders Will not con-
vert their holdings"
On the same subject the Mails London
cable says: The dealings in Virginia funded
bonds are on a considerably restricted scale at
present. pending the arrival by mail Of full
details Of the proposed compromise. Most
holders of certificates here are urging the
bankers 10 insist upon better terms They re-
fuse TO believe that the advisory committee
could have given the O colt committee plenary
power TO sign away the rights Of the bond
holders"
As tbs Olcott committee had absolutely
control Of 50 per cent. Of the bonds before
they began negotiations. this tardy London
furry does not seem to foreb do any special
danger 10 the agreement reached last week.
HAS FoNsEoA RESIGNED?
No confirmation of the reports of Fonsecas
resignation or the revolt Of Rio de Janeiro
had ben received at the Brazilian COnsuis TO-
day. Mr.. DE Mscedo said that he knew alb
solutely nothing about tie matter, one way or
the other.
Neither william II. Grace & Go nor
Charles r. Int & Co. had received any
KINGS DAUGHTEns AND SONS.
The international order Of the Kings
Daughters and Sons helds its annual public
meeting at the MAdsOn-ayenEe Methodist |
Episcopal church to-day
The president of the order. Mrs. Margaret |
Bottom, welcomed the delegates. Devo- |
tiona exercises followed and encouraging /
reports were read by delegates.
WATER FAMINE II BROOKLYN.
Il 4 L
practically without water to-day. The
famine" which was caused by the breaking
last Saturday of the conduit that supplies
nearly ali the water used in the city, reached |
its height this morning.
Tomorrow the ususal supply OF water will
be on hand If the calculations of the depart
ment of city works are correct but Just now
Brooklyn Is having novel experience. Bust
ness in Brooklyn has not been so generally |
interrupted and the ordinary routine of life
so thoroughly upset since the great blizzard
as by the water famine. There has not been
sny suffering as vet to make the present Oc-
csslon compare with the calamity OF 1888.
EFFECT OF TIE DEFICIENCY.
The situation at present is this Water has
been shut OF from all the factories. railroads
and Business places in the city and has
stopped running almost all over the city The
city uses for ord nary domestic uses when
these places are shut of about as 900, 600 gal
Ions day. TO meet this demand there are
less than 100000 gallons in the main reseT-
voir.
All work on the cruisers depending on
he use of steam electricity and all labor in
he workshops has been stopped at the navy
Tard. and operations will not be resumed I'M
1t the break In the water conduit IL repaired.
The stoppage of work at the yard comes at a
peculiarly unfortunate and Rwk ward time and
Will handicap the equipment Of the cruisers {
eriously. ?