Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-07-02

AUGUST H. srEBBINs, wholesale miller OF
New York, has assigned.
IT is alleged the Umbrella Trust is failure
as a money-making scheme.
AT New York s., 800, 600 of gold coin has
| been ordered for shipment to-day.
The Nova Scotia Governments 81 per
| cent loan has been fioated in the English
market.
CARL ScHURz Resident Director of the
Hamburg American Packet Company, has
resigned.
HAVANA planters will harvest this season
800 COO tons of sugar, nearly 1000 more than
last year.
THE Kansas wheat harvest is immense,
and farmers are having much trouble in
finding labor.
RuMoREp that the Western Railway Com
ranv in Cuba has been transferred to an
English syndicate.
JUDGE GRESHAM has directed the sale of
the entire property of the American Wheel
Trust, now in charge of Noble C. Butler as
receiver
The Rogers Topographic Company was
organized in Detroit Thursday, where 1t will
erect an extensive factory for the produc-
tion of typesetting machines.
AT the International Mfllers' Exhibition in
London, the champion gold medal for the
ban Government for an exhibit of "red
fife
THE big suit of John W. Plummer against
the Granite Mountain Mining Company, at
Helena, Mont, was decided in the United
States Circuit Court yesterday for Plummer
for $4,000
THE Susqushanna and Columbian Iron
companies of Columbiana, Pa, closed down
Thursday for an indefinite period for re-
QirC nx-aT a re- nfrf nf owl
temporarily.
c. A. BEYTs and G. c. Grant, London mer
chants, have been arrafgned on the charge
of forging bills of lading with intent to de-
fraud the chartered Mercantile Bank of
India. Bail was refused.
EIGHT HUNDRED men, women and girl sew
ers in the shops of some so Baltimore con-
tract tailors have begun a movement to do
away with the task system and to introduce
in its stead fixed wages for a days work of
10 hours, and the payment of the wages on
Friday of each week
THE notice issued by the Franklin Sugar
Refining Company, OF Philadelphia. that a
rebate of 4 of per cent per pound will be
grented to the wholesale grocers, went into
effect Yesterday, although the refners
changed their quotations Thursday and al
lowed the rebate to the Jobbers.
FIVE assignments were made at Canton,
o., Thursday. They were the Canton Stove
Company, assets $4,000; Mat Bast & Co.,
saloon and restaurant, assets, 5000: Mat
Bast, individual assignment, assets, S. 600:
A O. s!euty, assets. 1000; william Archfnal,
assets, $1,000. All were members of the
stove company, and Samuel Bingesr was
made assignee
The Cleveland Iron Trade Reuieau says the
heavy movement of ore TINS far in the face
of comparatively light sales outside OF the
big Bessemer contracts of last winter, en-
courages the vessel interest to believe that
any change in existing rates will be for the
better: but ore sellers give ont that what
ever rise in freights might take place within
the next few weeks by reason of grain move
ment would be checked by the slowing ND
of ore shipments. The market for raw iron
is still the buyers own. There is now little
expectation that this condition will improve
before the end of the year, for contracts are
n"ing made with deliveries tapping into
1898. Bessemer pig transactions are para
lyzed for the time being by the promised
steel suspension at Pfttsburg.