Omaha Daily Bee Newspaper, July 23, 1893, Page 1

R SR —— PART ONE. FINANCE AND FACTS Oonditions Udderlying the Present Com- mercial Depression in the East. MANUFACTURING CENTERS THREATENED Mill Owners Unable to Datermine What the Next Move Will Ba, SURFACE INDICATIONS OF THE WEST Apparently Worse but Essentially Un- changed During the Month, BANKING QUITE HEAVILY ON BOSTON 1f Anything Should Give Way, However, in tho Massachusetts Clty the Crash Necewsarily Will be Very Dis- astrous Generally, New York, duly 22.—[Special Telogram to Tue Bee.|--The conditions underlying the stock market have not changed during the last week, though the surface situation has at times seomed to have grown much worse. The bull contingent has shown no pluck. Much the most depressing news that has come out is that which tells of the shut- down of factories in New England. In New England it is not the silver ques- tion which peoplo are worrying about. .There it is the tariff tinkering threats, I have talked with half a dozen leading manu- facturers this weck, every one of whom is gloomy over the immediate outlook. None of them bolieve that the coming congros will go far in accomplishing any desoraliz- ing tariff revisions, but they aX v that even action which would lead to dowaright free vrade would not be so bad as the exist- ing uncertainty. Tho point hus come where manufactuvers do not know what to do, nor what sort of plans to make, whether to make goods largely or limit production down to the lowest ebb. With sweeping tarift revision possible, if not probable, the conservative eloment is dragged out of the manufacturing business and mill owners are forced to be- come spectators, gambling whother the goods they turn out will or will not have a profitable market. “innneisl AMirs at Boston This worry in New England manufactur- ing circles is divecting attention to financial affairs at Boston. In all the liquidation that has gone on during recent months Bos- ton has suffered on the surface less than any other city in the country. Twoor three of 1ts pet stocks have gone to smash, but the great majority of things owned and con- trolled in Boston have stood up and shown an exceptional firmness. Boston bank . re- serves are low. Incasc any trouble should break out there it will be certain to_reach serious proportions, for Boston is_ now,as over, overloaded with stocks and bouds of properties scattered all over tho west and south More western land mortgages are owned in and about Boston-than in all the rest of the eastern country put togethor. Boston has a corner on copper stocks. Her market is full of the securities of manufacturing establisements not only at home but scat- tered throughout the country, Boston is, therefore, unhapily situated, but there is a fund of resources 1 Massa- chusetts, for the average citizen over there usually has a little savings bank of his own. The worst hit which Boston has received bas been from General Electric Stock. Probably two thirds of this stock has been held in Massachusetts. Much of it is in the hands of the original holders, or was until quite lately, for many of them have now been induced by stock market wobbling to let go. General Electric stock has been down this weck to about £45 a share, Bling to Their Own Accord. Last winter when it was selling about var, and these dispatches pointed out facts and conditions which showed that price could mot be maintained, there wentup a great how! from some eminently respeetable people who had the stuff, and who protested that its managers were fallible, and who thought that everybody was wicked who did not enthusiastically boom the stoclk. So it was then with Lead trust, which was then 850, and now is under $25; and with Missouri Pacific, which was above £30, and is now half that price; and soswith the gen- eral list. People who did not sce the ap- proach of the present liquidation in Wall street are people who were blina of thewr own nccord. Stocks bave come ton point now where most of them are bargains, Investors who will pick up almost any old security now will be doing good business, Quotations may have to go down somewhat furiher if there isa demoralizing flur Wall strect, but whena turn does come, even if prices are nominally lower than they are now, it will be impracticable for buyers to go in on a basis more favorable thun that now offered When o rise does start the fivst ten points will be hard to catch, probably impossible to cateh; still, as pointed out in this dispateh last Sunday, cons tive ders will fight shy of the long side uuless they have some- thing more than slender margins to back their trades, European Factors, We are hearing a good deal about European buying of stocks this weel. It looks as if there was some- foundation for the report, but the matter is hardly of so much impor- tance as the abundant talk about it would suggost. A Kuropean war would be almost an act of providence for the American stock warket. So Wall street in its cold blooded fashion argues, sight is not lost of the fact that the immediate effect of any serious eruption on the other side would be to further tighten the money markets of the world, in eluding our own, Of course, the ultimate effect would be a tonic fnancially for us, ins asmuch as our breadstuffs and manufacturea Koods would be largely caliea for from the other side. Investors in Europs would ba glad’ to sell out their home things in order to get bargains over thece, where * war would not be threatening values. Much the most serious problem now confronting the money market is the fact that for the next months there will be heavy calls for funds for the move ment of the crops. Last year the currency shipped by the banks from the st of August until the early part of September, week by week, wus considerably in excess of the re. ceipts and the subtreasury operations largely added tathe outgo. For the week endiug August 5, about &.- 500,000 of currency and gold weat out. Dar. fog the week ending August 12, §3,600,000 de pariod, and for the week euding ou the 10th: aud b of the wonth the shipments ox- ESTABLISHED JUNE 19, 187L THE OMAHA SUNDAY BE ceeded the receipts in the aggre- gate about $11.000,000. During the first week of September the exports and ship- ments were $1,115000 in excess of the receipts; in the second week, 84.919,006: in the third weck, $5301,000; 1 the fourth week, $1.454,000 and for the fifth week, end- ing the 80th, they reached #,324.000. The total excess of shipments during the two months amounted to about #40,000,000. About £10,000,000 of this amount is chargeable to excess of gold exports. As aresvlt of the movement, the loans of the banks were reducod from $485,000,000 1n the last week of July to $166,000,000 in the last wrek of September. The deposits fall off about 49,000,000 and the reserve went down from $24,000,000 to £5,000,000. The interesting question, is what will be the result of the operations of the next three months? As ananswer a comparison of the situation this year with the conditions existing last year affords more hopoful ex- pectations. In the first place the shipments of money to the west and south have been extremely large, and miich of the money vhat has gone from New York will remain in those sections until it has fulfilled the mis- sion of moving the crops. While other drafts may be expected they can hardly exert strong pressure upon the funds of the city banks much before the month of August has elapsed und time is afforded for preparation. Another favorable symptom 1s the condition of foreign exchange, affording a promiseof gold imports. Thata condition of stringency exists in nearly every sec- tion of the country is favorablo to the movement of foreign coin to our borders, and wise management on the part of the banks would seem to suggest that they should supply themselves with gold bullion. The bank rates in foreign countries are extremely vorable to gold importations and nothing except our absurd currency system which makes paper so easy to obtain, tends to repress the movement of Roid toward our shores, Why Goid will be Imported. Tt Is now impossible tosecure paper: hence tho strongest inducement exists for import- ing gold, which, upon its arrival. will promptly earn its cost. Upon these agencies reliance may be placed probably to carry us safely through the money stringency of the next two months. It is never popular to be @ bear. Just now there seems to be an effort on the Stock exchange to make bearishness a criminal offense, Today the Stock exchange had a spectacle in the shape of a speech from the president of the exchange lamenting the wrechedness. of speculators, who repeat depressing storics, He expressed the hope that every- body from this time on would take cheerful views of overything. Such such spectacles aro hardly assurine. They #o # long distance toward emphasizing the facts pointed out in the Chicago Tribuns columns this morning to the efforts in New York to harras and handicap Chicago banks and bankers, A great wail went up here over the Tri- bune's statement, and there was a loud ery that New York was too liberal to Chicago. The -utter stuff and nonsense of that claim 1s amply exploded now. Onc ofy/the incidents of the week which has, attracted consideravle attention has beep a fight going on in' ‘the market for Chi- cago, & Northwestern stock. E.S. Chapin, whomsod to be one of the powerful men in Wall street, has been on one side declaring s {nzention to support the stock, white uponh the other side has been the firm of A. H. Comuo & Co., who apparently have had a bag full of the stock ready to empty. Combs has so far had so much the bestof the fight, the quotations having gone down 10 points or so, that Mr. Chapiu’s campaign has sort of become ludicrous. It looks as it there had been a steady liquidation in this gilt-edged quarter for a long time past, investment holdings coming out, thanks, perhaps, to the universal woak- ness of the other granger stocks. The bull program has been to oblige sellers o put up 10 pex cent. on every transaction and it is supposed tnat the bull leaders have at the same time been the big borrowers of stock in order to make it lend on a prem- ium and to scare out the shorts. The fact that northwestern goes into the Stock ex change clearing house the coming week will to some extent inflict disadvantage on the Chapin campaign. H. ALLAWAY. 11CAGOD'S SILVER CONVENTION, Genbral A. 1. Warner Talks on the Subjoct and pluing the Situ Cuieaco. July 22.—[Special Teleg Tue Bee. | —Genoral A. J, Warne of congress from Ohio and president of the American Bimetallic league, is stopping at the Grand Pacific. He is here for the pur- pose of muking arrangements for the bimet- alic convention August 1. He had a lengthy conferenco with local silverites in the after- noon, and tho approaching convention and its work were thoroughly discussed. Tho convention will probably be held at the Au- ditorium nud something over 1,000 promi- nent silver men are expocted from all parts of the country. After the conference General Warnor told a reporter for Tug Brr about some of the thiugs the convention expects to accomplish, and also spoke of the finineial situation us viewea from the silver standpoint, He said: AlL parts of the country will be represented at the couvention, Thero is an awakening am to o member to the finuncial dangers that confront us, “uever before manifested. The peoble aro alarmed at the prospect ot a single gold standard. Th ning to understand the mesning of doubling the money value unit, the putting of 2 into 81, ILis rank hypocracy to talk of the silver dollar aa a dishonest dollar. Silver has not fallen as compared with commodities, even since the closing of the India mints, but gold has risen until an ounce of that metal will exchange for nearly twice the quantity of staple commodities it would bring twenty years ago. Iis Opinton of the Gold Standard, Gold is the dishonest standard. It is as dishonest as a yard stick increased to sixty inches. All this talk about honest money is clap trap that knaves put in the mouths of fools. The real objections which the country is now witnessing is thoe shrinkage that is required to bring property down to the guage of the gold standard. Stocks have sunk a thousand millions and real cstate and other property asmuch more. Our convention is called to beliberate as to the course to be pursued by those opposed to the repeal of the Sherman law wtthout a satisfactory substitute, and to give expre: sion to public sentiment ou the financial situ- ation. Steps will be taken to bring intiuence 10 bear upon cougress o prevent the cousum- wation of what the gold men, acting under the instigation of foreign Influence, are at- tewpting to carry oat. Iam confident that the Sherman law canuot be repealed without u satisfactory substitute. Along what lines the compromise measure will be arranged I vannot say, but 1 believe the question wil be permancatly settled by this congress. I'ho settloment will be 1o restore silver coin- 4ge 10 nulomatic regulation, are begin- [T IS NOT ENDED YET Oomplications that Have Arissn Stnoe the Passage of the German Agmy Bill. FOR ITS PREPARING ENDORSEMENT Financial Questions that Followed the Adop- tion of the Measure, CABINET ~ OFFICIALS ~ HAVE RESIGNED Von Maltzabn, Secretary of the Imperial Treasury, Gives Way Under the Strain, GERMANY’S PART IN THE SIAM TROUBLE She Will Not Interfers in France's Terri- torial Plan—A Duel in Which Blood Was Shod from the Fatheriand. ews BrRLIN, July 22.—The emporer's departure on a yachting cruise, during - which he will visit several points in Sweeden and the ar- rangement of the Reichstag. marked the be- ginning of the dead season in Berlin, which isin great contrast te the lively period of forment caused by the army bill. The res- pite, however, will be brief, since the gov- ernment will soon be busy considering the army bill budget. The first phase in tho financial questions that accompany the bill was the resignation scveral days ago of Ereiherer von Maltcher. The withdrawal of this ofticer is ascribed to his disapproval of the government's action in abandoning the proposal to levy taxes on beer and spirits. It is more probable, however, that s real motive, is the fact that he felt that he id not possess the power or authority to solve the financial problem with which he was brought in contact. The conservatives thomselves did not place sufticient confidence in his ability. If Dr. Miquel, the present Prussian minister of finance, should become the Reichsfinanz minister, Freihcrer von Maltzahn holding the position of secretary of the imperial treasury, would have been a mere tool in the hands of the former. Hence, pride was a further veason for von Maltzahn's resignation. Will Resign His Office. It Is definitely sfated that von Kalenbern Stachau, Prussian minister of war, will re- sign. His silence during the debates on the army bill was often strongly commented upon. Though he is an able parliamentarian, he s far inferior to his predecessors in the war ofice, Generals Verni du Vernois and Von Schellendorf. His glaring antagonism 50 his Bavarian colleague, General von Saf- forting, in the recent fodder debate in the Reichstag was most unfortunate. He de- ared, among other things, that he saw no reason for suspending the army mancuvers because of the scarcity of fodder. His speech was received with disapproyal by General von Safforting, who, upon its conclusion, declared that Bavaria haa al- ready decided thatno manouvers would be held in the districts where the distress was prevalent. The’ statoment was loudly ap- plauded. The emperor was chagrinned that Bavaria shourd have thus discomfitted Prus- v and he let fall remarks that were re- peated to the Prussian war minister. War Minister General Kaltenbern Stachau was left small option but to resign and this he will sbortly do. Herr Letochu, the promi- nent conservativa will retire from the Reich- stag, owing to dissension in his party. Ho took 10 part in the division on the army bill, Ahlwordt to Be Prosceuted. A prosecution has been instituted against Rector Alwardt the notorious Jew baiting member of the Reichstag for insulting Dr. Miquel in a speech delivered at a public meeting April 24, when he again dwelt upon the documents he claims proves the small arms company of Lowe were implicated in frauds upon the government. Despite a semi-official denial the Klgin Journal asserts that, owing to the influence of Dr. von Schelling, Prussian mumister of justice, no Jews have been appointed judges in Berlin for months past. The Prussian government has ordered that an inquiry be held as to how it was best to introduce Polish tuition in the schools which are en- tiraly in Polish districts. This, it is openly hinted, is tho emperor’s return for the sup- port given iu the Reichstag to the army bill by the Polish members, The emperor has ordered that no army mauouevers be held anywhere in Germany unless it is absolutely certain that tho dis- trict in which it is proposed to hold them will not be damaged. To this end special inquiries have been made and the results reported to the emperor, Little Intorest in the Slameso A fTalrs. The comments in the papers hero on the Pranco-Siamese dispute are listless and recently noteworthy for their declarations of friendly neutrality toward France. G many is only interested to the extent of pro tecting her own commerce and the safoty of her subjects in Siam. The North German Gazette in & length article yesterday emphasized this phase of the mat- ter. It disavows Germany's intention to prevent France's colonial aventures. The foreign office ofiicials state that England has not sought Germany's co-operation in Siam. Germany could side with either party, being intercsted herself, Wounded In a Duael, A duel has been fought i Gruenwald be- tween Prof. Rompold, & nophow of Admiral Livonim and Licutenans Klein of the re- serves. They quarrelled about a lady. The Weapons were pistols, and the distanco was fiye paces. Lioutenant Klein was wounded in the hand, Both duelli re arrested, but will probably escape with a sentence of two days’ imprisonment in the fortress, One hundred picked men and two ofticers, all voluuteers, have started for German, southwest Africa, where they will join Major Fraucols and enuble him to cope with the natives who are assaulting him, Reports have been received here showing that the cmperor and empress are hugely cnjoying their yacting trips. The naval squadrons, commanded by Aamiral Prince Bernandotte, will meet the imperial yacht Hohenzollovn at sea and escort her to Stock. holm. ‘Ihe imperial budget, in which s large de- ficit was eapected, shows a difference of 1,140,000 warks between receipts and ex- penditures, Kosenblatt's cotton mills at Lodz, Poland, have been destroyed by fire, with a loss of 500,000 roubles. e Blshop He soy's Fallium Bles N Dusvque, July 22.—[Special Telegram to P Bre.)—The pallium with which Bishop Heuncsaey will be iuvested on his slevatio OMAHA, SUNDAY MORNING, JULY 23 180 to the arch-eplscopscy in been solemnly blessed in Raine by the pop The public’ was excluded from the ceremonies, which tvére tho most elaborate ever conducted By the prasent pontiff. eptember Y i WILL RESUME BOSINESS, First Natlonal Bank of Grandy, 1a, to Re- open August 1. WASHINGTON Bungav or Tae B 513 Fovntes sti Stae Wasgizaroy, Jul Comptroller Eckels has been advis the First National bank of Grundy resume business on August 1 with an entire new set of officers, News for the Army. The following army onders wore issued taday The leave of absence granted Lieutenant William W. Wright, adjutant Seccud in- fantry, July 15, 183, department of the Platte, is extouded fifteen days, Leave of absence for two months is granted First LieutenantJonas A. Emery, regimental quartermaster, Eleventh infautry. The leave of absence granted M A. Darling, Fifth artillery, is twelve days Leave of absence for one month, to take effect September 1, 1803, is granted Iirst Lieutenant Frank G. Kalk, Fifth infantry. The following transfers’ in_the Twenty- fourth infantry are made: Captain Lewis Johnson, from company 1 to company Gj Captain John L. Bulhs, from company G to company I. } The leave of absence grahted Captain Bd- ward A, Godwin, Eigeth cavalry, Depart- ment of the Missouri, is extended two months, Leave of absenee for twenty days, to take effect August 17, 1803, is granted First Lieutenant Sedgwitk Pratt. Third artillery. The following transfers are made: Cap- tain Leon A, Matile, from the Eleventh in- fantry to the Foutteenth infantry (company K): Captain James A. Buchanan, trom the Fourteenth infantry to the Eleventh in- fantry (company G) Western Pensions. The following pensions granted are re- ported : Nebraska: Original, widows, ajor Joh extended ete—Har- riet L. Mellinger. Survivors Indian wars—Charles Hunt. Increase—William E. Corwin. outh Dakota: Original—William H. La- plant, P.S. H JUDGE LONG'S CA! How the Amount of His Pension Was Fixed Upon. WASHINGTON, July 22, —Touching the sus- pension of Charles Dean Long one of the Justices of the supremo court of Michigon, reported in Detroit dispatches, it was ascer- tained on inquiry at the Pension bureau today Ehat Judge Long was in receipt of & pension at the rate of 72a month for tho loss of his left arm above the elbow and a guushot wound in the left hip resulting in “total helplessness, ‘requiring the regular aid and attendance of another person.” The following ststement of the case was today furnished by Second Deputy Commis- sioner Bell: “5:»0" being made to the bureau that in dhite of his being pensioned for ‘total helplessuéss requiring the regular aid and atvenditice of another person’ he was perforihing hisiduties as a justice of the supreme court of ‘Michigan at a saiary of $7,000 per -miunrfll\& bureau naturally came t0'the conclusion/thrt an inyestigation of the case was demanded and suspicion followed accordingly, as rformance of his duty a8 justice Jme court of Michizan ata swlam eTs o7% %ras Lardly consistent with ‘total Helplessgess requiring the aid and attendance of another person.’ ““The papérson Ale in this case show a peculiar and. extraordinary state of uffairs. The pensioner has not been examined sinco | March 21, 1834, at which time the offic> board at Washington. D. C., rated him at $80 per month. In August, 1854, his pension was increased to $50 per month from March 21, 1884, the date of the last medical examina. tion. at which time this rato contemplated helplessness, or a degree of disability so nearly appronching helplessuess, that tho ‘regular aia * n{ attendance of another per- son’ was rec ufre In May, 15 €, it Long's person was re- rated and inciased by Commissioner Tanner and an allowance snade of &0 per month from June 4, 1874, the date of the law establishing the $0'rato, and 72 por month from June 17, 1878, the date of the luw hing thavrate of pension. The re- rating and increese of pension was made on the personal order of Commissioner Tanner. In August, 1850, Commissioner Tanne granted u second revating at the rate of per month from June 6, 1566, and §1.25 from June 4. 1872, This coustituted an increase of $10 per month from June 6, 1865, and §14.2 from June 4, 1572 to Juno 4, 1874 No application for increase or rerating was ever made by Mr. Long subsequent. to August, 1884, when his pension was increased 10 &0 per month, excent a letter written to Commissioner Tanner on June 12, 1850, iu which lie requested a rerating of his pension from June 4, 1866, to June 4. 1572, at §25 per month, and from June 4, 1:7., to June 4, 1874, to &1.25 per month, which request was duly complied with by Commissioner Tunuer, despite tho fact that no legal application had ever been made for rerating, It is needless to say,” udds Deputy Com- missioner Bell, “"that the acts of Commis. sioner Tanner in rerating and increasing this pension without application on the vart of the pensioner belug made, and without further medical examination, were wholly unwarranted by any law or rule or order in nxxisl.uncu in this bureau at that time or since, “In other words, Commissioner Tanner raised this pension up from ) per month to 2 per month, and between May, 1880 wad August, 1839, granted two reratings, without any logal ap- plication on the purt of tho pensioner or any medical examination. So far as the records show, the generous act of the then commissioner of pearions resulted in the pavment to Mr Long of a total sum of 012, Customs Laws Must Bo Enforced. WASHINGTON, July, 22.—Asjistant Secre- tary HamMa, while he is in Chicago, which city he expects to reash by Wednesday, will givo personal attention to the trouple with the Russian exhibitors at the fair. M, Hamlin says Secretary Carlisle and he aro most desirous to be liberal with exhibitors, but the customs lawgmust be enforced. It is understood thay nothing will be done here by the governmeut until Assistant Secre- tary Hamlin r o icago. SYSTEMATIC ROBBERY, in Ukah Iuvolving Consider- Mouey, SaLT Lake, July 22 —{Special Telegram to Tue Bee.)—A peculiar case of grand lar- ceny came up today in the district court. “harles W. Ladd and' Leonard L. Baker, em- ployes of the Daly Minitg company at Park City, are charged with having stolen $2,000 Suitof s Ci worth of bullion fi that mine. Silver bullion to the amount of §#400 was intercented at the Rio Grande press office. It had been consigned by Ladd to Spaulding of Chi- cago. he examwation resulted in Ladd being held unaer $1,000 bonds, The trial re- veals the fact that sysiomatic robbery has been nractised at the Daly mine for a” year past, auring which time thousands of dollars worth of bullion has disappeared. Bult Luke Fir SaLt LAz, July 2.~ [Special Telegram to Tue Bee, )—Early this worhing fire broke out in the rear of & large frame building on State sTrect, ube first story of which was oocupied by S, J. Levy as a saloon, und the upper tloors » lodging quarters. A woua: devold of apparel jumped from a secoud story wiadow, alighling on a pile of stones, aud is in u critical cundigion. The building, which was owned by F. Auerbach, was tatally destroyed. The loss was 85,000, covered by §3,000 insurauce. SIXTEEN PAGES. WAR NOT PROBABLE Peacs of Europe May Be Preserved in Spite of Siam, ALL THE POWERS SHOWING THEIR HANDS Attitudes of the Several Nations in Rela- tion to the Ohief Disputants, ENGLAND AND FRANCE UNCERTAIN YET Just What May Be Done is Still a Matter of Specu.ation, FRENCH ELECTIONS COME IN A MONTH Marke Influenco of the Pres on the Voting Fou dent Carnot's Iliness Proves Most Obstinate [Copyrighted 1893 by James Gordon Bennett ] Paws, July 22.—[New York Herala Cable —Special to Tur Bre—The opinion often expressed here that some question of little or no importance may vet set Burope on fire has almost boen realized, for in the Siamese affair England and France cnter intoa conflict with each other and ulready Bu- rope is mauifesting disquietude, Nothing is now spoken of except tho movements of the fleot and the grouping of the powers. Rus- sia has given tho French government to un- derstand that sho will approve of every- thing in the policy of France in Siam. On the other hand Italy has asked England whether there was not & need for Italian ironclads in the China sea. ermany so far has remained quict but to- day there was some talk about sending a German ironclad to protect German interests which are really important in Siam. ‘There- fore, as in all great questions, Russia and France are togother agaiust ail the other powers, No Hope from ginnd. The French minister of forcign aff ad counted ou the arrival of Lord Dufferin, to put an end to the gravity of the situation, but reliable information from London cou- tradict this way of looking at the question. The session of the Chamber of Deputi closes today, the general eclections remain fixed for August 20. The events in Drain may have an influence upon their result. President Carnot 1s ill. His complaini— obstruction of the intestines—resists all the treatment it reccives. JACQUES St. CERE. s e L Sy MORELLO’S WONDERFUL RUN. g Sensational PerformAance of the Season at ‘Washingron Park. CHicaGo, July 22,—The crowning perfoem- anca of the Washington Park club’s World's fair race meeting was reserved for the lust *day. This alternoon in the Wheeler handi- cap the 8-year-old Morello flashed tyrough one mile and a quarter of hot July sunlight in two minutes and five seconds, thus equal- ing Salvator's greatest feat. Morello's 1 is by far the greatest, for the reason that it was made as u S-year-old carrying eight pounds above the scaie, while Saivator made his record as a 4-year-old carrying the exact weight assigned him in the scalo for ageand sex. Morello carried 117 pounds, whereas his scheduled weight would havi been 109. Salvator carried 122, Morello performance establishes him as the rucc horse of theage. He was never whipped. Jockey Miller scarcely touched him with the spurand at the end the great colt was full of running and would not be reined up for a furlong. The enthusiasm which greeted the result was tremendous. Those who had bet on othier horses pulled off their hats and shool them in the air, shouting until their perspir ation trickled down their cheeks, Maid Marian Wan in 1t Searcely second to Morello's performance was that of Maid Marian, which was the companion of Yo Tambien. Maid” Marian was right at Morello's flanks when the race was over. There were nine starters in the r The Kendall stables pair, Yo Tambien and Maid Marian, were soon’ installed us strong favorites, and Morcllo was second choice, his price advancing from 6 0 5 to ) tol. Thorp was on Yo Tambien, and she was confidently expected to win, Diablo, with only 113 pounds, could be had at 5 to | ‘I'ne other five, Ray 'S, Somersault, Bolivar Buckner, First ‘Ward and Aldebaran, wero outsiders in tho betting. Maid Marian sprang out in front and set such a pace as probably no other horse than Morello could ever have overcome, She was leading by three lengths at the stand, by fif- teen lengths at the quarter and at the half the little filly was still out in frout and as full of go a8 a runaway locomotive. But all at once the big bay moved out of the bunch and cut down her advantave slowly and surely until at the hoad of the streteh he was only three lengths behind und the others were out of the fight, It Was a Great Finish, Once straightened out for home, Perkins for tho first time shook the leader up a little, and for a furlong she held her own, butMorcllo's powers of endurance, began to tell, and 4 sixteenth from home he was alongside. Maid Marian hung on game and was only beaten by a short length Yo Tambien got third moucy several leugihs There was great enthusiasm over tho vice, almost as mach praiso boing given to Maid Marian as to Morello. When the time was hupg up there was prolonged cheering, which was renewed when Morello came bick to the judges stand. The time for the first mile was 1:38 flat, and alto- gethor it was a memorable event, Results: First raco, 2-year-olds, six furlongs: Acsin (1260 1) won, dim Leo (0 to 1) second. India (6 y o 1) third. Time: 1:02 Second race, six” turlongs: Daravel (16 to b) won, Anule Bisho (10 to 17 second, Lottie (40 to 1) third. Thne: 1:1414 Third race, tho Wheele a fourth: Morell without whipping ana b, won rkins), coupled with Yo Tumbie nt 4 10 5, second by three lengths bien, 115 (Thorp), third by two lengths, Time: 2:05) First Ward, Diablo, Someessult, Aldebaron, Bolivar Buckuer and Ray 8. also ran. Fourth race, one mile:” Bonnie Byrd (7 to 2) wou, Anna R. 8 1o ) second, Modutil (10 to 1) rd. Time: 1:89%, Citth race, mile wod a sixteenth: Highland 8 to2) won), Bimbo (26 to 1) second, Chimes 1210 ) third, Time: 1:47%. Sixth race, five furlongs: May Fern (12 to 1) won, Senator Irby (4 o 1) second, Libertine (even) third. Time: 1:02, Seventh race, selling, one wile Sliua (4 to 1) won, Ermie (12 to 1) second, Cicoly (4 w 1) third. ' Time: 1:40. —_—— Senator Stauford's Successor. Sackamenro, Cal, July 22 — Governor Markham this evening appointed Ex-Gover- nor George C. Perkins United States sena- tor, to succeed the late Leland Stanford. Perkius lives in San Francisco and is a member of the firm of GGoodall, Perkins & Co., general agents of the Pacific Coast Steamship company. He served three years as goveraor of California, from 1879, — Fatal Effects of & Blast. New Yous, July % - While coutractors were blusting rock this afterucon st One 3 SINGLE cory RSP —— M H e Y FIVE CE Fair; Stationary Temperature. Ttion of ghe Stook Market. am's Tetumph not Co o and Bagland M W3 Niearagus in tlons Got n Licking. ing n Panctucsd Honrt, 8.1 tho Business World, Buiilo BIL May e Fined. Last Week n Loe Ide the Ca Echoes of the Ante Koo 5. Sulelde of & Linesln Lunatie, Hastings Hospitality. 6. Council Biafs Loeal News Aflalrs at South Omaha, 7. She 1s Seeking a Bridegroom. Cash in the City's Lxehequer. Co-Operative Home Building. 8. In the Whicl at the Pal 10. North of England Politiclans. prote. ompoand. arnesi selety Dougins County's Rodways 1T, 11, Woman's Owa Page. 12, Editorial and Comment. Mr. Rosewnter Writes from Denver. 13. Wildeat Binks In Nebrask Chunges tn the High School. —————— s Hundred and Twenty-second streot and Fourth avenue, the explosi sent a hugo mass of rock, weighiug about two tons, crashing through tho sidewa'k of 91 Eaat One Hundred and Twen'y-second street, kill- inx Marie Posey and Mario Adols Posey years old, her daughter, and injuring Kegi- Dald Posey. 8 years: Mamie MeAdan Iram C. Posey, 13, All these are in a serious condivion. P g e MORE TROUBLE FOR MOSHER. Attachment Suits Filed Against the Wreeker I Court. Still the dew drops fall in conneetion with the Capital National bank failure, the last being yesterday afternoon when half a dozen new suits were hegun i the fedoral court by Receiver Hayden, against the stockholders of the defunct concern, to meet ment levied by the comptroller of the cur- rency. Iu accordance with the national banking law the stockholdars are liable for double the amount of their siock, and the assessment calls for the full amount for which each of the stockholders is lirble © suits begun yesterday were against shor and O teault for $£2,000, on the 420 shares owned Jointly by them, and. against Mosher individually and aggainst | Out- cault individually ach on the 0 o personally. Anothor suit is to cause the issuaiice of u weneral attachwent for all the property of Mosher to satisfy a claim of the ‘bank ugainst its ex-president on six Promissory notes, aguregutine §78,000. These Il given lust yoar and cover & > ‘rom May to December. They were placed i the bankud te money seeared on them, and no payment hias veen inade by the A similar proc ing was ins against Outeault on five promisory s, aggregating 2,000, the notes beinz for from sixty or ninety days to six months, and all ween June and Do comber 24 of Iast year. goneral attach- ment is wanted in this case as in the other, but I neither §s the property designayed that it is soucht 1o atLach. 3 3 The List case is jointly against Mosher dud H. M. Bushnell, editor of the, Lancoln Call to recover on a that wa Bank the asse held by o romissory nowe: for $1.890, s given last August, and was due 1o six months from date. The plaintiff is Ra- ceiver Haydeu, and Lis attorueys are Cobb and Harvey, of Lincoln, e WITH THE KANS IS MINERS. Issunnce of wn Injunction Strikers rom Iuterfor ug with t Fr. Scorr, Kan.—The Umted court here has issued uu injunction straining the cmployes of the Kansus “Texas Coal company at Weir City from in any way interfering with the operation of the mmes or entering -on the com property, Wen Crry, Kan., Restraining. July Mtor ten deputy United States marshals arrived her this morning on the duylight train and « ated consternation. They had about forty restraining or temporary injunctions, which they served as rapidly as possible on the leaders among the strikers. “The peesence of the marshals is the talk of the town, some pretending to regard it as a bluf, while others realize its genuineness Sheriff Arnold is doing as little as protect property, but, like the city tration, is appointing deputies, men who are now and have all along among the strikers Mine No. 47 is at work totay, and ns the strikers suy it shall not continue, trouble s oxp! il v adminis- s partof his foree of been = - ANSWER 08 FIGHT, France Refuses Siam's I juest for an Ex- t Time. Panis, July 22.—The Siamese minister to France called on the French foreign minster this morning and asked fora extensin of time for a reply to the French ultimatum ‘The request was refused and the Siamese minister was informed that if not acceeded toin the time specifica Francs would pro- coed to at once enforce her demands, Panis, July 22.—1 2. m.—Siam's reply to Fravce's ultimatum was handed to Pavie, French minister resident in Bangkok and telegraphed to the Siamese legation here 1ts terms render nocessary an exchange of telegrams between the logation and Bang. kok, therefore a reply will not b out for several hours, e D— it of the Missourl, WASIINGTON, July 22 ~The acting seero- tary of war has approved allotments made by the Missouri River commission for the improvement of the river to the extent of £700,000, This sum_ will bo expended ax fol penses of the commission, £20,000 te., 8250003 operating sn. opairing revetment near ar Beluont improvement of £1,000; boats, Council Bluffs, §15,000; repatrs n. Bend, 35,000 systematic the first ceach. §585,000 —— Concard Arrives at Gibraltar, WASHINGTON, July 22.—The gunboat Con- cord arrived at Gibraltar toduy. eighteen days from Norfolk. She is on her way to China, and it will probably require about 1wo months more to complete her voyage, if she does not stop at Bangkolk en route. e Fullure of an lowa Merchant. Peniy, Ta., July 22 —([Special /Telegram to Tue Bee. |—0. F. Reddan, leading closhing merchant of this city an assignment this afternoon to Morgan. The liabilities are placed at and his assets at $11,000. oD duk it Will Favor England, Wasiiarox, July 22.—Private letters re- ceived here from Paris state that the gen- eral impression prevails that the Uni; States case is,uot a8 strong as it should have been, and a report in favor of Kogland will cause little surprise B The “No. 9" Wheeler & Wilson, with its perfected tenfsons. upper aud lower, is the only lock-stitch machine that makes an elastic seam. It is the dressmaker's favorite on that account. Sold by Geo. W Laucaster & Co., 514 South Sixteenth street e Balloon at U and 8, Courtland beach, the oldest and made REPLIED WITH SHOT Prosident Zavala Gots an Unequivocal An* swer from the Rebels at Leon, BEGAN BOMBARDING A PEACEABLE CITY Mattorne Shelled from the Steamers Stolen by the Insurgents FIRE RETUTNED WITH SPIRIT AND EFFECT Government Batteries Do Great Execution in Boating Off the Assailants, GENERAL AVILAZ GOING TO THE FRONT Commanderin-ln-Chief of the Army on Mis Way to Take ¢ nrge of the Ao. tve Work of Suppr the Revolution, [Copyrighted 1593 by James Gordon Bennett.] MaxaGra, Nicaragun (via Galveston, Tex.), July -[By Mexican Cable to the New York d—Special to Tie Bee.|—Hope for thescttloment of the trouble in Nicaragua witdout - bloodshed has been abandoned. Presidont Zavalas' overtures for peace were answered yestenday by the rovolutionists in # way that could not be misunderstood. The steamers scized Ly the fusurgents of Leon when they began the revolution opened a bardment of Materne, where the govern- ment troops are encamped. Their fire was returned and two of the steamers wero uck by the Krupp guns forming the gov- crnment battery. 1 could not learn what day was done, Reinforcoments aro now Materue, and General Avile, in-chief of th conduct the the insur, marching to commander- army, will go to the front and orations in the field against nts. This means that there will be some haod fighting bofore peace is re- stored 1t was reported here that President Ezota Sulvador had discovered a conspiracy tinst him. Twenty-three of the leading coespirators were shol. Among tho pevsons exceuted neral Narcisco Avilez of Santa Any Gon 1 Policarps Bonilla of Honduras is here awaiting an opportunity to go to Hon- durag organize another revolt against General Vasquez, West Indian asip. PANAMA. Colombin (via Galveston, Tox.), July 22— [By Mexican Cuble to the New York Herald—Special to Tue Bre.)—The Herald's correspondent in Curacoa, W. L, writes that the Clemencia, a small Vehezn - lan schooner from Marucabo, was recentiy blown upon the Columbian coast of Goafira, near Punta Arvenas. She was finally flonted “off the rocks and proceeded to Curacon. Mer capfilyreports that tho schooner was at- tacked By.about 200 wen, who were supposed tobe Indians. They wore armed with rifies and compelled the captain and four passen- 0 sutrender their valuables, und also took the entire cargo of the schooner, The THerald's correspondent also writes that the people of Curacoa want homo rule, Ninc-tenths of the vitizens of the islands have signed apelition to the home goveru- ment, asking for authority to eloct a colonial council and also for the election of local ofticers, A letter from the Herald's correspondent in San Domingo says that Al Poreyra, governo: of San Pedro de Macoris, was as- sassinated in his vesidence recently by polit- ical encmies, President feureauk of San Domingo has withdrawn the monopoly until recently held by Clyde Steamship company and authorized the ¢stablishment of another line of ships to rungfem New York to Dominican ports and C . he Munson stoamship#e 1s about to es- tavlish anew route from' he isthmus of Panawa to New York. The ships will sail every week vin Jamaica and Cuban ports. Seven vessels will be put on th ute. i ienoral, A i Castilhista VaLranatso, Chili (v Galvoston, ex.), July 22—[By Mexican Cable to the New York Herald—Special to Tug Ber] —The Herald's « spondent in Montevideo tele- graphs tha revolutionists of Rio Granae do Sul, has received a telegram announciug over the Castilhistas near Yaguaron, Gene erul ¢ loa An extra session of the Uruguyau congre: is to be called to discuss the taxation question the committee representing the Brazl, aores was k ym Buenos Ayres the Herald's corres- pondent telezeaphs that the fedoral govern- fed to exer- banks, ment of Bu cise n supe 108 Ayres has de vision nis decree has sed g among the provineial goveruments, Cone gress will bo asked by tho president to ap- propriate #.500,000 for supplying water to r provincial the northern provinces of Avgentina, - - REVIENDS 11 The ‘third Re:line Guirds Parades Befors the Governor, Conxixa, In., July 22.—Thia is governor's day at Camp Mitehell, where the Thivd regi- ment is in camp. Covernor Boies and staft vived this morning and were escorted Lo headquarters, The governor reviewed the regiment in the presence of a large crowd of people. The regiment is composed of companies from Des Moines, Oskaloosa, Vedford, Creston, Indianola, Council Bluffs, Villisca, Glenwood and Shenandoah. The week bas been spent in military sehool, aried with dn oceasional sham battle, The regiment breaks eamp today, BOIES L ot Town Natlonsl Aged Jowa Citizen Hurt, SruaTiaN, In, July 22, —[Special to Tus Bee.|—While Uncle John Craig, 83 years old, but spry for one of his king hay yesterday, his team vecame frightencd and away, throwing him across the frame behind the hovses, carrying him a distance, when they ran into an {dle harvester. ‘The sudden stop threw him under the horses, where he was trampled seriously by the horses backing out over him, breaking a jaw bone and knocking out several teeth, lowa Crop Pr Stiatuay, la., July 22— [Special to Tum Bee|—Oats are nearly s total failure. Wheat is fair. The corn outlook is exvel- lent, there being plenty of moisture for ten >, Wi Des Moives, Ia., July 22— [Special Tele- gram to I'ug Bee)—A mnovel method of campaign hus been arranged for by & number of the enthusiastic populist leaders of this eity. ‘Tours will be made throughout the “state by b concert company, cousisting of three or four good siugers, musiclaus and oue or Lwo speakers. There are uiue of Lhese concert Leams Under preparativi 1o be- giu work bout August L