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NEWS OF THE WEEK. A General Summary of Events at Home and Abroad. Compiled from Daily Reports up to the Hour of Going to Press. DOMESTIC. THE creditors of F. Shaw & Bros. met at the Shoe and Leather Exchange, Boston, on the 15th, and Fayette Shaw, the senior partner, made a statement explaining the causes which led to the firm's embarrassment. F. A. yman, assignee, then presented the firm's liabilities as follows: Liabilities, direct, $4,612,000; contingent, $2,897,000; total, $7,509,000; assets, $5,262,000; also claims against parties with whom they have dealings in notes, the amount it is impossible to state. Of contingent liabilities, $1,824,000 is insolvent and the balance it is thought will not be provided for, being trade paper. NOTICE was given by the United States Treasurer the 16th thator Wednesday, August 22, and on each Wednesday following, the United States bonds embraced in the 121st call will be redeemed at the Treasury Department in Washington to the amount of $5,000,000, without rebate or interest. The bonds presented at the Departmenton the day named for redemption will be paid in the order of their presentation, and if an excess of $5,000,000 be presented on either day, such excess will be the first paid on the next redemption day. THE Amalgamated Iron and Steel Workers at their session at Philadelphia on the 15th, accepted the invitation from Senator Blair to send representatives of that Association to Washington to appear before the sub-Committee on Labor and Education, and appointed John Jarrett, President, William Martin, James Penny and William Weilie to represent that body. THE firm of E. C. Stedman & Co., of New York, made an assignment on the 15th to John McGinnis, Jr. The liabilities are small. The failure was due to a dishonest clerk who took securities and hy. pothecated them for his own speculations on a fictitious account. CAPTAIN VINCENT SHINKLE, of Covington, Ky., made an assignment to Judge W. M. Finlay and R. T. Miller on the 15th. The cause was the tightening of the money market. Liabilities about $80,000. He had paper in the banks and they declined to renew. His embarrassment was brought about by helping his son, who would have been forced into bankruptcy by the loss of the steamer Charles Bodman some time ago, if he had not advanced him $60,000. THE funeral of the wife of Senator Allison, who drownedherself in the Mississippi River while temporarily insane, took place at Dubuque, Iowa, on the 11th. The public buildings were draped in mourning and all business throughout the city suspended. GovernorSherman and other State officials were in attendance. HENRY YOUNG, General Agent in Cincinnati of the Grand Rapids & Indiana Railroad, committed suicide by shooting himself in his office in that city on the morning of the 15th. He had been seen in an intoxicated condition a few hours before. A letter was found on his person purporting to be from a cousin, threatening him for improper relations with the writer's wife. CITY MARSHAL MOONEY, of Memphis, Tenn., was assassinated by unknown parties on the night of the 14th. AUGUSTUS M. HARRINGTON, United States Attorney for the Northern District of Illinois under the administration of James Buchanan, and later one of the Solicitors of the Chicago & Northwestern Railroad, died at Geneva, III., on the 14th. THE race horses Raynard and Rander Rothschild collided in a race at Charlotte, Mich., on the 15th and the former was killed. He was owned by Seth McLean. JOE PAYNE, a colored man, was lynched by a party of citizens at Oakland, Miss., about two o'clock on the afternoon of the 15th, for the murder of a young merchant of that place named Towns Sayle in July last. Suspicion pointed to Payne as the murderer at the time and he was ar rested and placed in jail. On the morning of the 15th, it being reported that he had made a confession of his guilt about 500 or 600 citizens went to Sheriff Pearson and demanded the prisoner. Being refused they overpowered that officer and took Payne out. A court was at once organized, Hon. H. J. Moore, Mayor of Oakland, presiding, and W U. Fitzgerald and W Moore, attorneys, prosecuted. Payne made a full confession, saying that on the night of the killing he went to the house of Sayle for the purpose of killing him for his money; that he waited there until Sayle came out when he joined him. They walked about 200 yards, when he knocked him down, cut his throat and threw him into a deep gully, rifled his pockets of money, the store safe keys, then went to the store, got what money was there, amounting in all to about thirty dollars. After confessing a vote was taken and death by hanging was the verdict of the crowd, who acted as jurors. Gallows were at once erected and the prisoner mounted the scaffold with a firm step. He made a speech, again confessing his guilt, and advised every body to teach their children to avoid evil thoughts. The black cap was then ad justed, the drop fell, and in ten minutes he was pronounced dead. The colored people were as clamerous as the whites for aveng ing the outrageous crime, and the people r think they have done right. JESSIE TOWN and his wife, and a Mrs. Stockwell, of St. Albans, Vt., while out driving on the 15th, were thrown from the carriage and received injuries from which Mrs. Town died and the others were not expected to recover. THE Farmer's Bank, a private institution of Richmond, Ind., closed its doors on the 16th. It was rumored the day previous that the bank was embarrassed and a run was commenced upon it but all demands were promptly paid up to the hour of closing. The directors, who are substantial men, principally farmers, then held a meeting and it was believed that r they would wind the affairs of the bank up e The bank was establishedin 1877 by Stanley & Co., and managed by James E. Thomas, cashier. $50,000. The deposits amount to about e A CYCLONE swept over Chattanooga, Tenn., on the afternoonof the 15th. The rail road depot and a number of other build ings were unroofed and damaged and several others blown down. The flying timber seriously injured J. H. Jennings. A heavy hail storm prevailed at the time, at doing considerable damage. AN official dispatch from Foote, the d newly appointed United States Minister to Corea, on the 16th, states that he had taken up his residence in the depths of that little country, but life there is attended with many discomforts and privations. The only house he was able to obtain was at rude one of wood and paper, with paper windows, situated in an undesirable location in the midst of hovels and filth The climate, he says, is marked by great
