Nkw York, Oct 11. Latimor E. Jones,
tbe controlling spirit of the reoently estab
lished "Lumber Auction Company," Is in
financial trouble. Tho company was staretd
with a great ilourish, and its dashing methods
struck terror to tho hearts of conservative
lumber mechante, and threatened to ruin
their old fogy trade. Tho ofllces of the concern
in Eleventh avenue wore fitted up in"
elegance, regardless of expense Jones who,
is not thirty years of age, was credited with
unlimited wealth.
Suddenly it turned out that his bank account
wtt overdrawn, sheriffs havo seized
his household elTocts and are threatening the
property of tho Lumber Auction company.
A wealthy lawyer uamod Ludington, who
had taken a great fancy to tho brilliant
youug financier, has endorsed his paper
largely, aud is said to be responsible for part
of'thV$300,000 worth of notes" that" Joneses"
supposed to havo discounted. It is also said
to have been found that most of this paper is
fictitious, having boon made in tho nainos of
persons and firms that never existed.
, . llpston's New Postmaster...
New York, Oct. 11. Gen. Corse was at
tho Murray Hill hotel Inst night Ho said to
a reporter that ho was not prepared to say in
tho absence of ofllclal knowlu ige of his appointment
to the Boston postmnstershlp,
whethor ho would uecvnS or decline It Tho
only interest ho had tat;, n in tho oillco was
to solicit the appointment f jr a friend, who,
howevor, had dodlnod it (ion. Curso returns
to Boston to-day.
POINTED PARAGRAPHS.
Toplo of the Timet Giveu In a Terse and
Spicy Manner.
Cholera has appeared at Rome.
Minister Pendleton's health is failing.
