davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-08-13
FAILING BACK on CHECKS.
NI,w.oHIFANs 10 Use THEM IN COTTON TRANS
ACrIOSS-CLEVEf.AN CONCERNS WILL
PAY THEM 10 THEIR EMPLOYEES.


P\Y THEM 10 THEIR EMPLOYEES.
New Orleans. Aug. I'm order to ascertain whether
complications, in cotton trading might not result from
th. Use of certified checks secretary Hester OF INC
New orl,aus cotton Exchange yesterday Photographed
to lnt.ud.nt Powers. Of the NcwIor exchange,
lin. following message:
Are transaction, In spot, and futures I'm your
market for currency or certified checks In case OF
delivery On contract d'liverer demand payment III
currency Answer fully
In r.rly the following received:
Transaction, here are settled BY checks, which the
ler may require To b.. certified. Contract deliveries
nr, similarly settled. The delverer has no right 10
demand currency
\, u ir,ult OF the news called meeting oi 'he
local cNchnugc was hciA yesterday afternoon, ana II
vi. resolved settlement, fpr cotton transactions
T.. mad, IN ,rtli,d checks. Collector of Ii" Port WillS
lr-,n icp,,ug to letter, Of inquiry from merchants
and tn. Sew orlran, Clearing House ~ TO whether
c.rr,n.-l oheoh, would be received In payment of
iu.p,ri dulles, ha. made answer to the effect That
Article .o- Customs Regulations of l-32. Restricts
,lc money, received for import duties to gold coin.
standard silver dollars, gold aud silver certificates,
Iu.'ci state, demand notc-, and The new Treasury
note, sued under the act Of July II, l-oo.
CcycliuI Aug. IL II IS announced that the Clcv"-
hand Rol.ug Min ComiNn, viii b" added 10 Tia" li'
~ large manufacturing concerns that VIII pay iis en-
,l,y,s in tii, clty with chcrks. Three Of the mos,
Important factories ~ thr city have used that method
m paying their cmploycs thi, week. ana thor" ha,
lcD bui ttlc di~ abstraction expressed. Tho banks
r Oh. cy>havc requested ~ their patrons that all
check, drawn In behalf Of creditor, outside Of hi,
ciiv b.. made payable through tho Cleveland Clearing
House Association. This !, due 10 ~" tact mat
several checks for what would b. ordinarily considered
small amouni. nave been returned 10 III" city Win
a for III
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-08-13
HIGHER CHARGES FOR BAGGAGE.

Chicago, Aug. I2.-An agitation has been begun
among the Western roads for an advance In baggage
Charge, The roads have strong objections to people
leaving their baggage In the laggagerooms after the
arrival OF trains, aud the roads east OF the Missouri
agreed some time ago to Impose IA charge OF 20 cents
u package after twenty four hours had elapsed from
the arrival Of the baggage. II 1t should be left
than forty eight hours 10 cents a day Or fraction
thereof should he charged. Trans Missouri roads
have never made more than l0ccnt charge for
twenty four hours. Now II Is sought 10 abolish the
l0ccnt charge completely. and to make uniform
% cent charge, both east and west Of the river, for
each twenty four hours baggage Is left after twenty
four hours have ~ pred.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-08-13
(OSNEYANCES.
RAILROADS. STUDYING ECOHoMy.

g LouIs tug l2-Gencral Manager Il. John, Of
the Rock Island Railroad. has issued call for au
important meeting OF the general Managers OF ill
lines to take place in Chicago on August l.. The
General Managers Association propose AT This meet
ing to take mp and discuss several matters looking
10 the economical operation Of railroads IN the West
at this time OF general DEPRESSION The cooperation
~ all Interests solicited to carry ont many measures
~ economy and reirenchmeni and The meeting viii
adopt various resolutions for minimizing and slmpli
Tying the service.
Pine Bluff. Ark. Aug. 12.-The 81 Louis South
western Railway shops In TIL, city were shut down
lest night Indefinitely throwing out Of employment
about 800 machinSiS. 40 prospect OF imm"dia"
resumption /, given and the men are leaving Tie
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-08-13
wORKMEN DISCUSSING THE SITUATION
MEETINGS TO BE HELD BY VARIOUS LABOR or
OBSERVATION-DISCLOSURES FROM ALL OVER
THE COUNTRY REGARDING UNEM-
PLOYFD ARTISANS

PLOYED ARTISANS.
Reports sent IN day by day to the Offices Of tho
various trades unions in this city Snow that the
worngmen giving much serious thought to the sub
1ect uppcrmOst In their minds to-day. The subject has
rossed the interest ~ AL wOrkingmcn. Hard
tines" " no work." "lOckouts," poverty" form the
essence OF these reports.
The unions affiliated with the United Hebrew Trades
have called meeting for this evening 10 discuss the
financial situation, It's effect on wOrkingmen. its
causes and Its remedy. The meeting will be held
at Brownsville.
Cabinet Makers Union No. s has called a special
meeting for Wednesday evening for the same pnr-
pose. The call says that the meeting Is necessary
"to discuss the present financial and industrial crisis
on Friday evening september Il, there will b. Il
meeting OF the General Executive Board of the Cen
trail Labor Federaions Of New-York and nciglborlng
towns and cities. The meeting will be held at No.
u East Fourth-st to discuss the causes that have
thrown many out OF work in this vicinity. The
Federation has invitations TO all the principal
trades unions to send delegates to the meeting.
W. J. Cithorpe general secretary of the Brohe<
Hood Of Boiler Makers and Iron shpbudcrs, yester-
day sent circular letter to the members OF the
Ranizaton telling them about the condition OF the
trade He SAID that during the last few months. the
wages of boiler. makers and iron shpbudcrs had
been heavily reduced Besides this, there strikes
I'm many places and In places there was an
utter suspension of work. At Akron, Ohio, he said
that there was a serious strike against heavy re
AUCTION I'm wages. At Bloomington. ILL.,. and at all
thc principal places the AtchisOD, Topeka ana
eanta Fe and Union Pacific railroads. he said there
was work At all. .
The Brooklyn Central Labor Federation has decided
to make q feature In its parade on Labor Day OF Il
separate section Of unemployed worhnen
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-08-13
NO CURRENCY TO PAY EMPLOYEES.

pottsville, Penn, Aug. 12.-Thc Philadelphia and
Reading Railroad officials stlll unable, owing to
inability TO get the currency to pay OFF the mining
department employees for July, the amount due being
over 100000.
President Harris arrived I'm town last evening
and spent the evening hours and all this morning
consulting With head officials lie and Paymaster
Jones made a tour OF tho Pottsvillc banks. a CON
ference of the officials OF the banks I'm the region
who have been doing business with the company for
some years will be held in Pottsvie at an early day
TO see whether during the present financial srin-
geucy some united action lie taken whereby the
large cash disbursements required 10 be- made semi
monthly can 10 arranged for.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-08-13
CLOSING 4 FREE ICE-WATER FOUNTAIN

Sylvanus Lyon. OF the Moderation society made the
following statement yesterday relative TO the free Ice
water fountain near the Postoiicc: We rgret tho
inevitable street paving which l. going on In PARK
Row and I'm front Of the New York Postofhce. compel.
ling us to close to-day the free ice water fountain,
which for fourteen years has given from 1900 70
20 200 persons daily I'm the sutry summer glass
OF Ice water. The crowds Of poor laborers lmnl-
grants and boys, would not at first submit TO the
outrage and IL required the Posofhce officials. two
three aids to keep from violence the crowds demand.
ing their supply OF ice water This society VIII
have their large perambulator, Five Points, with the
capacity OF gallons 10000 glasses daily located
as near as possible to the POstoficc stand 10 meet
the CRYING demand Tor free drinks. and hope the de-
lay of the street contractor Will not De- long,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-08-13
NEUTRALITY-SUSPICIOUS. IN BUSINESS.
MANY FIRMS FORCED TO MAKE ASSIGNMENT -
CREDITORS TO EXTEND TIME


CREDITORS TO EXTEND TINE
po.,or AM, ,.-yobnson nrothers dealers in ma
hogany Western lumber and vcneers n'sSi'e" ~ ana
The unsecured liabilities are abcut s4o'ooo' III" ~"
firms real estate Is mortgagcd for x3l,uoo'
Goshen Ind. Aug. Io.-The Elkhart County p''
cium Horse Company assigned yesterday Li'p''''
- 600 Assets 10000. Failure 10 realize on van"
able securities caused the failure.
Chicago. Aug 12.-The Charles q. Mitchell Com
pany elevator manufacturers. went into the hahus VI
receiver Yesterday. Assets, 1857 900; haplhue'
$1,000 -
Oakland H., Aug 12.-Rains & Co.'S large Stove
foundry at Char so. this county failed yesterday
and on petition OF creditors. +. X. Benro WAS ap
polnrcd receiver. The Liabilities are S32,ooo anu
assets, ScO0oO.
Docotur. Ill.,. Ang. 12-The Leayitt & 0Gilvle
Agricultural implement Company has made an assign
m.nt to Thomas y. Lenvitt, the senior member OF inc
COMPANY. The assets. including notes and outstand-
inc accounts are SOL 900: liabilities. $d4 900.
san Francisco. Aug. 1.-THE firm OF starblrd u
Goldstonr extensive lumber dealers. has made an
assignment Liabilities, $4,000 assets. Sloo'ooo
Speculation in lumber yards and difficulty In coeeuhe
outstanding debts IS said TO be the cause.
Nashville Tenn. Aug. 1.-THE Southern Iron Com
pany. with headquarters in this city, VIII MAKE
spccIal assignment TO secure claims OF their opera
tlycs at the furnaces in Hickman County ana cernih
open accounts. The papers were being m'de "''
last night but no statement was given out by inc
officers The operatives have been uneasy Tor some
time.
Reading Tenn. Aug. 12.-The creditors OIL
the Sheridan Iron Company met here y'S'er
day. The statement OF the firm showeu
real estate $30634 IL; liabilities sS2S'-
639 81 surplus $G7.3iI II. George i. B"r'
who represented the Philadelphia and Reading COM
pny and the Coal and Iron Commny's claim, amount
ing to about 300 900, suggested that an extension OF
four year, be granted to the firm and 1t was agreed
to. An advisory committee was aPfantd 10 io loon
after the affairs Of the company in the interest Of the
stockholders. ,... -
Buffalo Aug 12.-Thc creditors commites az
nolutrd to examine into the affairs N the John l.
Moves Manufacturing Co. has decided that 1t !,
best 10 accept the proposition Of the company ana
gave an extension OF time with mortgage SECURITY
IL reports the assets largely In excess OF the IL nlii
tics. and that there !, no reason why r'c'i, w.,
should De- appointed. Copies of an agreement on me
above bas, have been sent 10 the creditors lor sio
nature, and Is being favorahly received.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-08-13

the last three months, from about N.WO@, -, ~
5000 Co., and the assets were of character when
would prevent the Commercial Bank from pay pay
ing In cash its leDit balances to the CieiI ms
House agent The Brooklyn bank held iarg,
amount of SLOW" paper; notes of builders b a1h
dealers in builders materials many OF wiz
could not be collected i'm the existing strinsehIS
The Bank Of New-York was led to begin iIs its
vestigatiOn OF the Commercial Bank because i.'
returns to the former bank had begun to De uii
satisfactory. The officers Of the Bank OF NeTnI
York decided that in the circumstances II WouI'
be unwise longer To clear for the brooklyn, IL
stitution. The officers OF the Bank of New Oh, OF
declared that they were amply secured against az
vanccs made on account of the Brooklyn BANK -
was said by other weil-informed officers that the
security equal 10 s. against 81 OF liabilities
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-08-13
RAILROAD INTERESTS.
MR. M'LFOD HAS NEW PLANS TO WORK OUT.
CONFERRGNG WITH RUSSELL SAGE WHO FAvORs
USING HIS OWN ROAD IN HELPING THE
NEW-ENGLAND SYSTEM.


Tie financial strng,ncy has rot deferred A. a.
Mcleod formerly president of the Philadelphia and
Reading and now I'm control of the Ncw-lork apd
New England from working on plans 10 hep ul'
latter property. MI Mcleod spent long TIM" OH
Friday with Russell sage, DISCUSSING proposlllo |"
Increase the connections of the New England rold
Mr. McTeods idea is 10 secure control OF the Pougi
kccp,lc Bridge sy-tem and the Pennsylvania. Poueh-
keop,ir ard Boston RailiOad. which EXTENDS from
Campbell Hall to slatington Penn. whore It connects
with the Lohigh Valley and Jersey Central. An
extension to Harrisburg + proposed. aud by com0-
ration with Mr.. Sar"'s road, the Ponghkeepse ana
Eastern and the Central Of Vermont system. to
establish n new line TO Montreal. Mr.. Mcleod hopes
70 obtain help from W W Gibbs. OF Philadelphia
who Is largely Interested In the Poughkeepsle Bruge
and the ,ylvanla Poughkcepsie and Boston road
Russell .ase sald Yesterday that definite engage
m,nts had been made I'm the matter. but he LOOKED
with considerable favor on Mr. McLeods plans ior
Increasing the importance Of the NewYork and New
England road He considered that Mr.. McL"odS old
pan for extending the influence of the Reading road
into the New Fng'nni feasible AID advnn-
tageou, Reading. and il would have been carried
out n Mcleod had not been met by financial Strin-
g.ncy Mr.. sage WIS earnest f. his approval OF the
plan for establishing new line 10 Montreal HIS
road the old New York and Massachusetts, and now
The Tourhhc,rsie and Eastern. would be IA. important
INK. Eleven miles Of road could be built from
Lebanon spring, tu the sage road. and from Bennlng
to-. Vermont. the Central Of Vermont system could
loo used 10 Montreal. Mr. >agn said: This would
make the most direct lire Montreal. with low grades
and - good roadicd. | went my Pouchkeepsc
and Fl~trrn road about four weeks ago ana folni
everything In excellent shape We have got roadeel
70, good n the New York Cedrals We are reiyng
tc line with heavy steel rails, putting IN new YES.
the property up tn rfSt-cll,S condition. our ter
minals In POughkecp,r are urst class.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-08-13
4 BROOKLYN BANK FAILS.
OLD OvERDRAFTS AND RECENT WITH.
DRAWALS THE CAUSE.

BELIEF THAT DEPosITORs WILL GET THEIR
MONEY IN FULL-BJILDEEs AND CON
TRACTORS PUT TO INCONVENIENCE.
The Commercial Bank OF No. 1853 Fulton-st
Rroo<vn. had the following notice on Its doors at
o clock yesterday morning:
1.-THE Commercial Bank has been compelled to
close its doors temporarily
- J. VAIL. Cashier"
MANY of the depositors in the bank are con-
tractors and require large sums Of money on Satur-
day with which to pay off their employees, and in
n short time a great crowd Of men had gathered
in front of the bank door. The crowd grew ag-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-08-13

w +. Barnett cigar manufacturer at Nos. 13j
and 1877 Maiden Lane, has given chattel mortgage
ON his place his wife for 81 800. She has fore
closed 1t and taken charge Of The business. The
sheriff received execution against him for sj2o'
bn when he went TO make levy Mr.. Barnett claimed
that the only thing he owned was the cat. 1t Is sara
he owes about $4,000 TO the trade for tobacco He
has been In business since 1851, and claimed capital
of 10000. -. .,o ooo
The sheriff has received an attachment for *1o,ooo
against Joseph c. Moore, OF Guilford N H.. III laVpr
of George +. Gage, on an assigned claim OF the
Nashua Trust Company, and served the attachment
on the Mutual Life Insurance Company
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-08-13
OUTGOING STEAMERS.
TUESDAY, AUGUST
SHIPPING NEVIS.
PORT OF NEw-YoRK-sATURDAY. AUGUST Il. 1894
ARRIVED.


ARRIVED.
steamer TsOrmon sisr koSn HampSrs Jgy s
CO. ' XirveI at the Bar at . 80 m.
steamer Msaeea@ tDs.en loues Rt S s A@ss
passenger, to Punch, Faye a. Co. Arrived at IA Bx
stS,mSr Bremerhayen Dutch. Butt Rotterdam July
so. IN ballast to IL Hander1rock. Arrived at the h1
stcs%er Tudor Prince (Br Young; carthasena July
70 oneG and by r aSsSsS to fJ onS sc s,
the bar q. ma@gHt; ma .., c,.,,n.ro. ,n,n.,
ballast 70 Victor ruis Co. Arrived at the Bar AZ
Snip nsEeSara Gore 81 day. tra% Londop o. .iA
with mdse to Arnold Cheney & Co; vessel TO swan
ort sasa' ed 5%SA ad Sgo sty "w"d
CLEARED.
Steamer KSieSer6Oeker, mai.ey, Scw.0reanS-E
steamer ,GuyaqaOue, Walker Norfolk and Ne"p0"
etc~-A f oqierIrdse 4 Co v...,. marta.
Steamer city Of saa Antonio Dole West Point. Va
steamer ii Dimocs. coleman, Boston-H = pi@OCss !:
Steamer Henry Dumos Nor, bugse' 81 ''y' ~
Stcancf Telgoland (Gcr Dinckase. Dover for orders
steamer John C Christopher, Crawford. Jacksonville
steamer Fanita, Simmons Philadelphia-wm cyds
Georestown. 5 WIN 7 clyde s Go; =, = ro.,e,
stSamer Bu'ao tBr) Malet IIuli-'sander.on 4 son
steamer Othello (3rl, Jones, Ant"erp-saho'F''"
steamer Comal. Risk, Key West and Ga've'tOn-o
steamer Brai,ea CNor). MIckem, L"urvtg-w HUN
steamer Nacoochcc Smith s,vannah-R L wsls eSa
Steamer wyanokc, Boaz Newport New ana Rc""
o steamer DT,'G "a RIO oatA Van sickle
SAILED.
Steamer. Ii ca,@s Du E fI sot llpfS
Tri London Circa ola ar. GLASGOW s D%a Ger.
yns rrnca r LS.a Lstm'5 E.,! Hsa psrsai
Sis' Havana sS. csrspSS ho% Ss4. aass.
f Ha Il r's Sa Ss"ps Sh "a
KfSps N s r Ss,G' Dsa s'atn
bag Knckerao,sr Nswor'aoc Cem, ana SewoT
News Crstan wi@a?,o@ e. c rr,S Of s'" h"i
A"'''' THE MOVEMENTS OF STEAMERS
FOREIGN PORTS.
Steamer Chester OBJ Lewis for NewYork. sailed ITO"
so% s%a%sr te%aaS o. Abbott, from Sc"Y'rS ''v
steamer Ocean rrince II'r' Evan from Nc"''''-
Jul" steamer State Of Sehra,Sa III Brown sailed from
''' Steamer ~ Mas,aso. & sailed from '"'H'''
'' stcamcr Kr'van sailed from shields for New'fo'k
stS'mer Minister Maybach (Gcr) schlcrhorst from
NswYrri, July IS for Dover. passei rh' i''
La noursosne Fr, LeeSssf ,n from Ts"'i"A
"sss for Sra, 'Ts , pa s s ,s sa' ASs July 70
for London, passed The Lizard August IL. - ,,,v a
steamer Crof; (5r) Robinson from New-fofN '"' -
for Lcith passed Lewis and kugust H.. .ryork
steamer Manitoba (iD. Grl.nths, from Nv, IL
Augut for London. PISS the Sey l. ands Work
steamer Loch isomond (,rl, Morgan rom No"'
July 30 for Rotterdam passed Sely August u. ,.xsru
steamer La Flandr Dutch. Schmick from N"'"''
for New YORK passed the Isle OF Whit August u, 49,
Steamer Marsala Ger. Lassen from Hamburg Tor Ne
York. passed Dover August IL. 49,, v,,k
Jrs q s ysrf e Swine %SG from mi.
Steamer Didam (Du,ch). DE Vres, from New-iorA ~
%, arrived at Rotterdam August 10. -, Iuiy
steamer Iufgunth (Frl, Dnlsc. from Ne" S"" - e.
~. arrived at Naples August 10.
Steamery Hilary (Dr Crmp, sailed from As's -
New York August &C.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-08-13
MYSTERIOUS PROPHECIES ABOUT REAras

Philadelphia. Aug. 12.-Rumors regarding the Rs.a
Ing ard Lehigh Valley Railroad continue to stt,,s.
attention. Said an active hrancler who Il In teusS
with the current DRIFT:
There Is u sequel TO the separation Of Read,,r
and Ichgh Valley roads. There Is something nev
on the carpet for Reading, but he deal could not h
maraged as long Lclgh Valley held to the lease.
now that the coast Is clear more, a numAs,
OF railroad men OF this and other cities are gettias
their heads together.
"New-York was not nghting Reading without 4
purpose She has succeeded far and inside Of one
wear you may depcrd New.Yorkers will own ard
control Reading and the coal company well. ana
IhadeIphians VIII stand aghast AT their own stupidity
IN allowing New York to control her commerce snl
general traffic as well as her stock market.
yr nt.r head than McLcOd's Is at ti" helm and t1s
Scheme must be- made public perhaps b
Aunlst u.s."
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-08-13
ASKING FOR 4 DAY OF PRAYER AND FASTING

Denver. Aug. i:.-Thc Ministerial Alliance Of
Denver has prepared memorial to be sent TO the
President asking that h. set aside National day
NJ prayer and fasting The addrcs, cites the existing
financial di,lrCs, and the great lceaz,d sins Of the
Nation and petitions the President to set aside day
when the pcoll' shall gathcr in their accustomed
places of worship and pray that the Nation may he
r,gbtlv guided I'm It's present ,rr ils,r,s,. The
memorial Will he read al great religion, mass meet
ING here next sunday.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-08-13
MR. LAIDTFRBACIlS MARYLAND ROAD

Baltimore. Aug l. (SpeCiaD-Under the reorgani-
cation Of the Drum Point Railroad Company, Edward
Iautcrbach, Of New York remains the principal owner
lie bought the road. which controls the right WAY to
one Of the best udewater terminals in the State for
10000 at Il forced sale. lie has transferred the
property To the new company, for which he Is To re-
c,vc 1850 shares of the capital stock. whatever bonds
may be- received from the counties through which the
road passes on subscription to stock. and 800 900
within thirty days or ut their option, per cent first
mortgage gold bonds. The road will lie comple;ed in
side Of year and become feeder to the PenIusyl-
Nana Company
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-08-13
MORTGAGE DEBTS ON REAL ESTATE
, LARGE PER CENT OF NEw-YoKK CITY PROP
ERTY HEAVILY ENGINEERED BY oBLIGA
TIoNs LIABLE TO DE CALLED FOR

AT SHORT NOTICE.
Tho strinpencv of the money market and the
forced liquidation of securities and calling IN
of loans have led THE Real Estate RECORD ana
Guide" to present a concise statement ol the
mortgage debt New-York real properly. IL
says:
There is a magazine under the real estate mar,
ket which could be exploded at any, time and
which, if it should be exPodsd' woMId hsn y
possible by the financial storms. which only ravage
e coe sHrisG City real
is expensive luxury; 1t Is cheaper ana more
merce or manufactures-or in encountered real
estate-because in such times money e is easily sly
is it happens that large portion of the real
estate of New-York City is encountered up TO an
careful computation of the amount Of money money
that there is now due upon such loans to
trust cenanies Including the Title guarantee
SAFE dSlo,i' companies 81 1889 600
Title and casualty insurance companies.... ll3il'2
To.a, $50. 40, 2o5
The average loans made to banks; insurance and
been not quite 80 per cent of the whole Assum-
ing that average to be right as to the total mort
is undoubtedly the highest jusifable). the amount
loaned to private individually trustees OF eslaleS
to the above total gives an approximate grand n5i
total S7O6 40 $50 due mortgages on NeW-N ork
City real estate. The appraised valuation OF this
real estate far taxable purposes Tor me current
wear is 81 562 $50 1893 Assuming this appraised vaua
ton represent 90 per cent of the actual market
valuation, find the actual market valuation OF
New-York City taxable real estate TO be SWl]o5,-
900 and that this Is encumbered with mortgage
debts to the extent OF p per cent OF its value.
OF this vast amount of mortgage Indebtedness:
by far the greater part zone of the savings banks
presidents placed it at seven-eghths of the whole
amount is past due and subject TO call by the
lenders at any time That Is, the mortgages upon
which the money loaned were made all along
during the last forty years. and the loans have
been continued under the original security. with
out renewal of new mortgages. SO that il appears
that about sslSOoO0Oo of the money loaned on
mortgages OF New York City real estate is subject
to call at any time on not more than thirty DAYS
notice. This is about equal 10 half OF the
whole volume Of money composing the circulating
medium Of the United States at this time.
The record Of conveyances. mortgages and pro-
jected buildings with the amounts involved. for the
last week and the corresponding week of lS2 are
as follows
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-08-13
Tu SECURE EASTERN CREDITORS.

Chicago. Aug. 1.-The Eastern creditors OF the
lanes H. Walker Company. who seek TO secure posses
sion Of large quantities Of goods SAID to have been
shipped under false representations OF the firm con
s,tlon yesterday received IN order from judge Nc