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Heavy Failure, NEW YORK, September 26.-The banking from of Townsend & Co., of New Haven, failed yesterday, with liabilities of nearly three million dollars, and its affairs are in the hands of a receiver. The cause of the failure was the depreciation of southern >tate and railroad bonds, in which the bank had invested heavily. The greatest sufferers are among the laboring classes. Rumor says that the depositors will realize about forty per cent.
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NEW HAVEN. A Bank Fails for Three Million Dollars. The Cause Depression of Southern and Railroad Bonds-The Laboring Classes the Victims. NEW YORK, Sept. 26.-The banking firm of Townsend & Co., of New Haven, failed yesterday with liabilities of near three million dollars and its affairs are in the hands of a receiver. The cause of the failure is the depreciation of Southern, State and Railroad bonds, in which the bank had invested heavily. The greatest sufferers are the laboring classes. Rumor says depositors win realize about forty per cent,
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[CONTINCE FROM FIRST PAGE.] Seward, she was hauled off the reef last might. Taylor, the Texas Murderer. GALVESTON. September 26.-A News spe. cial from Indianola says Judge Borden taken or. dered the prisoner. William Taylor, back to jail in Galveston. His attorneys. feeling it impossible to get their witnesses The postponed moving for bail. eteamship here. Morgan left at 3 P. M. with sol- the OD board. under guard of the diers. prisoner The military companies were escorted to the steamer by the Indianola brass who band and a large number of citizens. showed their appreciation by hearty cheers. They were addressed by Hon. W. H. Crain in behalf of the citizens. The prisoner. William Taylor, and military arrived here this morning. Boating. RIVERSIDE. via St. Johns. N. B., September Morris started with forty strokes At to the minute. Brown with thirty-six. the half mile post Morris led by about half a length. They turned the stake boat at the same moment in 18:10. Brown won the race by nearly a length. Time-36:50. The distance was five miles. The Edgefield Troubles. AUGUSTA, September 26.-The troubles in A Edgefield. South Carolina, are ended. letter from J. L. Addison, a resident of Edgefield, states that Edward Tennant. captain of the county colored militia com. pany, delivered up their arms to Lieutenant Leahy, commanding a detachment of United States troops. The negroes have returned to their homes. International Rifle Shooting. CREEDMOOR, L. I., September 26.-In the international rifle match here to day the Americans won the first event of 800 yards by 326 to 317 for the Irish team. Fulton, of the Americans, made fifty. eight, and Hamilton made the same for the Irish. being the best shooting ever witmessed. The betting is $100 to $75 in favor of the Americans. The international rifle match took place to-day. at Creedmoor range. On the arrival of the trains from New York, a steady the stream of passengers flowed towards gateway of the range. which presented a picturesque appearance. The white tents dotted its surface. and flags of various nations were suspended over the entrance: among those standards. the American and Irish colors held the most conspicuous place. The reserved space. extending for about twenty fee: behind the marksmen, was surrounded by a rope, and crowding against this were dense lines of spectators, among whom: the Irish element was prominent. In the inclosure were the members of the American and Irish teams and their reserves. the scorer. and a few invited guests. Major Leech. of the Irish club, and Colonel Wingate. captain of the American, were chosen to act as referees, and General Shaler as umpire. It was not until a quarter past eleven that the firing began, the first trial of skill being at 800 yards range. The shooting was witnessed with most lively interest. the frequent bull 8 eye exciting loud murmurs of applause among the spectaters, who at first also hailed them by rounds of hand clapping At the earnest request of the captains of both teams, these demonstrations were finally subdued as having a tendency to disturb the marksmen. The result of the competition, which lasted one hour and a quarter, was in doubt almost up to the close. when it was found that the Americans were the winners by nine points, the individual totals standing as follows: Irish team- 54, Walker 46, Johnson 50, Righy 52, Hamilton 58, Milner 57-total 317. American teamFulton 58. Gildersleeve 53, Dakin 53, Kefburn 53, Bodine 54. Yale 55-total 326. This splendid shooting won lavish compliments for both parties. Fulton, of the American team, and Ham ilton, Irish, each scored 58 points out of a possible 60. J. K. Miller, of the Irish team. who scored 57, made the next best record, but none of the Americans fell below 53, while Captain Walker, of the Irish team, scored but 46. The latter also made two geose eggs, while none of the Americans missed once. The result of the first contest gave great encouragement to the friends of the Ameriman riffemen. The shooting was followed by an intermission for luncheon; the members of the two teams accompanying the Irish party and the officers of the National Rifle Association were served with lunch in one of the tents. Congratulations were exchanged on the marksmanship displayed, and in a complimentary speech Major Leech presented to the Rifle Association.jin behalf of the Irish team. a handsome silver vase as a trophy to be subject to annual competition and as a memorial of the international match. The Americans won the rifle match, the total score of the three ranges standingAmericans 934; Irish 931. Trotting at San Francisco. SAN FRANCISCO, September 26.-The tollowing is the summary of the trotting race vesterday: 23111 Purdy Occident 11222 Blackbird 32333 Time-2:21, 2:24 4, 2:25 4, 2:28, 2:28 4. Wife Murder. BOSTON, September 26.-At Newtonville last night Samuel Barker shot his wife fatally. Both were dissipated negroes. Failed. NEW HAVEN, Conn., September 26.-The banking firm of Townsend & Co., with liabilities of nearly three million dollars, has been taken in charge by a receiver. Investments in Southern State and railroad bonds, which have gradually depreciated. compelled their suspension. It is said the depositors will realize about forty per cent. 1. o. 0. F. ATLANTA, Ga., September 26-The Grand Lodge adjourned after a week's festivity and important business. The delegates express the highest praise of Southern hospitality, which, it is certainly hoped, they will echo at home. The Grand Lodge meets next year at Indianapolis. Municipal Election in Nashville. NASHVILLE. September 26. the muni-
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Heavy Failure at New Haven. The banking house of Townsend & Co., of New Haven, Conn., is announced to have suspended with liabilities amounting to $3,000,000. Their suspension was caused by investments in Southern State and railroad bonds, which gradually depreciated in value. It is said their depositors will realize about 40 per cent.
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Failure of Banking Firm. NEWPORT September 26.-The banking firm of Townsend & Co., of New Haven. failed yesterday, with liabilities of nearly three million of dollars, and its affairs are in the hands of the receiver. The cause of the failure is the depreciation of Southern State and railroad bonds in which the bank had invested heavily. The greatest sufferers are you among the working classes. Rumor say the depositors will realize about forty per cent. Troubles Ended-Negroes Dispersed. AUGUSTA, GA., September 26.-The troubles in Edgefield, South Carolina, are ended. A letter from J. L. Addison. Intendant of the town of Edgefield, states that Edward Fenant, captain of the colored militia company, delivered up his arms to Lieutenant Leachy, commanding the detachment of the United States troops. The negroes have returned to their homes.
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The banking firm of Towosend & Co., New Haven, Coon., has been put into the hands of a receiver. Its liabilities are estimated at $3,000,000. It is stated that investments in Southern State and railroad bonds, which have gradually depreciated, compelled their suspension. It is said depositors will realize about forty per cent.
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GENERAL NEWS. Hon Simon Cameron arrived at San Francisco on Saturday night. Bistop Lee, ef the Protestant Episcopal diocess in Iowa, died at his resi. dence in Davenport, on Saturday, in the 60th year of his age. His death was caused by malignant erysipelas, resulting from an injury to one of his hands, received in falling down stairs a couple of weeks ago. The banking house of Townsend & Cospof New Haven, Conn., is announ ced to have suspended, with liabilities amounting to $3,000,000. Their suspension was caused by investments in Southern State and railroad bonds, which gradually depreciated in value It is said their depositors will realize about 40 per cent.
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HEAVY FAILURE IN NEW HAVEN. - The banking firm of Townsend & Co., New Haven, with liabilities of nearly $3,000,000, has been taken in charge by a receiver. Investments in southern state and railroad bonds, which have gradually depreciated, compelled their suspension. It is said depositors will realize about 40 per cent.
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Heavy Failure at New Haven. The banking house of Townsend & Co.,of New Haven, Conn., is announced to have suspended with liabilities amounting to $3,000,000. Their suspension was caused by investments in Southern State and railroad bonds, which gradually depreciated in value. It is said their depositors will realize about 40 per cent.
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CAST your bread and things on the water. The Rev. E. D. Neill, of Minneapolis, receives $25 by the will of the late G. N. Stewart, of Le Seuer, whose sudden death has excited SO much comment, for kindness shown the testator twenty years ago. It must have been a very little bread, though, of else the interest accumulated very slowly. THE banking house of Townsend & Co., of New Haven, failed last Friday for nearly $3,000,000, and its affairs are in the hands of a receiver. The cause of the failure is the depreciation of Southern State and railway bonds, in which the bank had invested heavily. The greatest sufferers are among the laboring classes. Rumor says the depositors will realize about forty per cent.
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# THE BURGLAR ALARM. The non-political business men of New Orleans say that the winding up of the revolution and re-establishment of Kellogg in power, instead of bringing the confidence that naturally follows peace, has had a most depressing effect upon all business. With this statement comes the announcement of the failure of a heavy banking firm in New Haven, Connecticut, with liabilities amounting to $3,000,000, mostly due to small depositors, who will not recover more than forty cents on the dollar. The cause of the failure is the depreciation of Southern State and railroad bonds. Perhaps at last the Northern people will come to realize the charms of reconstruction only through their pockets. The robbers who are now plundering the South are striking at the whole country. The effect is of course first visible in the Southern State in which they carry on their pillage; but those States cannot become bankrupt without involving the rest of the country, and when the full effect is felt, other heavy Northern firms besides this New Haven concern may be swamped, and carry down with them the savings of other people. While the depositors of the broken firm of Townsend & Co. are waiting for their forty per cent payment, they might profitably employ their leisure by investigating the causes of the depreciation of Southern State securities, which has brought such disaster upon them. There is no nerve so sensitive as that which runs to the bottom of the pocket. The thieves are very stealthy, and the robbers are very bold in the South, but they must touch the burglar alarm in the end, and when they, too, do jingle the bell in the North, the people up there will begin to feel that they are not as secure as they fancied.-Louisville Courier-Journal.
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The banking house of Townsend & Co. of New Haven, Conn. is announced to have suspended, with liabilities amounting to $3,000,000. Their suspension was caused by investments in Southern State, and railroad bonds, which gradually depreciated in value. It is said their depositors will realize about 40 per cent.
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EAST. The grand jury of Brooklyn has found a criminal indictment against Moulton in the case of Miss. E. D. Proctor. It is reported the New York agency of the bank of Montreal loses $25,000 by the failure of James Bishop & Co. The cotton and woolen manufacturers' committee, of Providence, R. I., recommend that the mills be run from the first Monday in October to the first Monday in January next, on the basis of forty-four hours a week. Lake Weewanafree, New Jersey, has been bought by the Prussian government for three hundred thousand dollars. The lake will be divided into compartments, Fome fo the raising of leeches, the remainder for trout and salmon. The banking firm of Townsend & Co., of New Haven, has failed, with liabilities of near three million dollars, and its affairs are in the hands of a receiver. The cause of the failure is the depreciation of southern, state and railroad bonds, in which the bank has invested heavily. The greatest sufferers are the laboring classes, Rumor says depositors will realize about forty per cent. Booth's theatre at New York will be sold under a foreclosure Nov. 5. The friends of Booth are making efforts to have the theatre remain in his hands. They state that the unsecured creditors will extend all the leniency be may require, and if enough money can be raised to satiefy the mortgage, amounting to three hundred thousand dollars, the security for which is good, the affairs of Edwin Booth may be arranged.
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The East. In reply to a letter asking information, O. H. Kelley, Secretary of the National Grange of the Patrons of Husbandry, says the Grangers' Mortgage Bank, lately advertised in New York, is not indorsed by the National Grange, nor is it recognized by the Executive Committee in any shape whatever. Miss Catherine E. Beecher having published a statement relative to the Beecher controversy, in which she makes certain ac. cusations against Henry C. Bowen, of the New York Independent, among other things charging him with being the real originator of the great scandal, Mr. Bowen has responded by denying in toto the allegations of Miss Beecher and emphatically declaring that he was not the originator of the charges against Henry Ward Beecher, and that the latter gentleman never charged him (Bowen) with improper conduct. The banking-house of Townsend & Co., of New Haven, Conn., has failed for $3,000,000. Its affairs are in the hands of a receiver. The greatest sufferers are among the laboring classes. The Grand Jury of Kings County,IN Y., have "found a criminal indictment against
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controversy, in which she makes certain ac. cusations against Henry C. Bowen, of the New York Independent, among other things charging him with being the real originator of the great scandal, Mr. Bowen has responded by denying in toto the allegations of Miss Beecher and emphatically declaring that he was not the originator of the charges against Henry Ward Beecher, and that the latter gentleman never charged him (Bowen) with improper conduct. The banking-house of Townsend & Co., of New Haven, Conn., has failed for $3,000,000. Its affairs are in the hands of a receiver. The greatest sufferers are among the laboring classes. The Grand Jury of Kings County, N. Y., have found two criminal indictments against Francis D. Moulton for libeling Miss Edna Dean Proctor. Bail was fixed at $20,000 in each case.