The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-09-03
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strengthened, and ohe luf has been short
ened by cutting the tack. The head
sails also have been altered. AmoEg the
other changes is the substitution of a
flexible wire rope for the hemp bolt
rope
Royal Phelps Carroll, owner of the
Navahoe, has supervised all the altera-
tions and is confident that he now has
his yacht in condition TO win. NO
changes have been made in the Britannia
beyond giving her new boom, solid pine
having been substituted for the hollow
spar The Field says of the
alterations in the two vessels:
',As good breezes are looked
for, the Brittiania's stiff mainboom is a
sound provision. With the alterations in
both vessels, it is difficult to say how the
race will stand. but a true wind of just
the particular weight allowing the Nava-
hoe TO carry her best topsail, with no
more than deck edge heel, and proba-
bly, the Britannia would be several
miles better"
INDIAN EXCHANGE UPWARD.
AS Indian exchange has been rising
since Wednesday, and the banks have adj
vanced rates on general bills upon India,
it is expected that India council drafts
will be allotted next week at l5k pence,
or perhaps fraction higher. The season
for the arrival Of the shipments from
India is approaching, and the council be-
lieves that by holding out it can get a
better price On the other hand, the
market knows that the council wants
money and cannot cOntiue TO ignore ten
ders at prices slightly above exchange.
There are rumors that the council has
been negotiating for an Indian loan. To-
days fractional fall Of the price Of silver
is due mainly to the decrease of the de-
mand from several houses on the conti-
nent. These houses were caught short on
sales of the metal for August delivery.
Now they have completed their contracts
and their calls upon market that have
fallen of. On Wednesday sell
ers of spot silver readily
obtained 3416 pence per ounce,
while they failed to obtain 33 pence per
ounce for October delivery Consider
able shipments Of silver to India are still
reported The indian government intends
to check further shipments by means Of a
customs duty
The failure Of the Equitable Mortgage
Company of New York involves 9l 900, 900
invested by Englishmen. Most of this
sum was secured by mortgages on farm
property in the United States.
LOOKS LITTLE FIsHY.
The Intervention of the Mutual Life In
surance Company Of New York has adj
NiAbu hilt kDNQuIA AubAlQLlbA11 w AAFNoAASAp1
the mystery surrounding the death Of
Young Marlborough, shot while hunting
near Doche t'yne, early in August The
published account Of his death was TO the
effect that while climbing q fence he ac-
cidentally set Off his gun and received the
full charge in the head. 1t has been as
certained that just before his death
Marlborough was negotiating for life
| insurance OF ten thousand pounds
to be assigned TO his friend Monson,
grandson of the Viscount of Galway and
cousin OF Lord Houghton, Viceroy Of
ireland Monson is an undischarged
bankrupt and an inveterate borrower.
He was out hunting with Marlborough at
the time of the accident. 1t has been
proved that the shot which entered Ham
borough's s head came from Monson's gun.
Another suspicious circumstance Is that
all of Hamborough's wounds were
in the back of his head. Monson
explained the former bit of evidence
against him by saying that on the morn
ing Of the accident he and Harmborough
exchanged guns. His story is not regarded
as plausible, and he has been arrested on
suspicion The man Scott, who helped
Monson carry Harmborough's body TO the
house after the accident, has disappeared
since the investigation of his masters
death. The coroner has ordered that
Harmborough's body, which was buried
at Ventnor, Isle Of Wight, be exhumed
for examination.
HE Will DETERMINE LATER.
Gladstone replied by letter to-day to
the demand made by the Welch parlia-
mentary party yesterday, that the discs
tablishment OF the church in Wales be
the first item in the government pro-
gramme for 1894. He wrote; 81 recog-
nize the self-restraint and forbearance Of
the friends of disestablishment. When
the measure Of the next session shall be
considered will decide whether to re-
new the suspensory bill or introduce a
complete measure. Meantime it viii be
hazardous TO settle the business of the
session by piecemeal in anticipation"
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