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NEWS SUMMARY. DO-OPERATIVE STORE AND BANK -A LYNCHER ARRAIGNED. The Flood at Montreal Subsiding-The New York Seventh in Washington -Bank Suspension. It is reported from Pittsburg that John Jarrett, ex-President of the Amalgamated Association of Iron and Steel Workers, and Andrew Carnegie, the millionaire iron master, have in contemplation the organization of an immense co-operative store and bank. The stock is to be taken by members of labor organizations exclusively, and no t person will be permitted to have more than $200 worth of the stock. If the e scheme is successful other stores will be started in cities in different parts of 1 the country. t William Snedecker was on Tuesday e arraigned at Freehold, New Jersey, on e the charge of killing Mingo Jack." Several witnesses testified that Sne e decker said he had been one of the lynchers, but they admitted that he was e drunk at the time. Snedecker denied h any complicity in the affair, and said e he did not believe he ever said 80, 8 drunk or sober. He was held in $2000 bail. The will of Francis W. Tracey of d Buffalo, filed on Tuesday for probate, y makes the following public bequests: e Buffalo Orphan Asylum, $10,000; Church Charity Foundation, $10,000; 6 Boffalo Historical Society, $10,000; r Buffalo General Hospital,$20,000 Young e Men's Association, $10,000; Buffalo a Fine Arts Academy, $2,000; Home for the Friendless, $10,000; Baffalo Catholic e Institute, $10,000. t The flood at Montreal is subsiding e 3. gradually, and several streets are already clear of water. The damage is e estimated at $1,000,000. It is proposed s that the city borrow $4,000,000 for the purpose of raising the level of the low. lying districts and enlarging the pres e ent reverment wall. Seven thousand d five hundred and twenty-two families, or about 30,000 people, were "flooded out." o a The city National Bank, of Will of liamsport, Pa., suspended on Tuesday it morning. The cause is said to be a defalcation of $20,000, besides other al d heavy losses. The stockholders say 1the depositors will be paid in full. The defaulter is said to be E. P. Dietricb, who was assistant cashier and book keeper of the bank. The American Peace Society, in Ses sion at Boston on Tuesday, offered the following to be sent to Mr. Gladstone "The American Peace Society congratulates you upon your organization and able advocacy of measures 80 coura geous, conciliatory, and just towards Ireland." 8 The officers of the New York Seventh t Regiment, now in Washington, on te Tuesday paid their respects to the as President, and 60 called upon General th Sheridan. The regiment paraded in W the afternoon and was reviewed by the President. in Rev. A. M. Child, called home from the Methodist Episcopal Conference a ed New York, by the death of his wife at was struck senseless by lightning i Westernville, on Monday evening. H O. was considered out of danger on Tues day. aid A freight train on the West Pennsyl W. vania Railroad ran into an open switch near Harmarsville, Pa., on Tuesday for ted morning and was thrown down an em bankment. Three hands were danger exously injured. exThe distillery of Wathen, Mueller & Co, near Lebanon, Ky., was wrecke est by a boiler explosion on Tuesday morn ral ing. Two men were fatally injured, on of whom has since died. bes rth The State Board of Pardons at Ha risburg, Pa., on Tuesday refused a par sidon to Ellis P. Phipps, of Philadelphi to Almshouse notoriety. ur lay During a thunderstorm at Shenar ite doah, Pa., on Tuesday afternoon, Jame Manley, aged 16 years, was killed b lightning. Florence Hodgson, aged 8 years, wa fatally injured by lightning at Haz! ton, Pa.