Omaha Daily Bee Newspaper, July 29, 1893, Page 2

2 of the course of the Bank of England. By letting the importers havo money at 6 per cont, with the rates for exchango at their nt figures, thay cannot import the gold ataprofit. You may say further that the gold whieh 1s to be shipped to this side to morrow consists mainly of American coin, eaglos and double eaglos. Buying Stoeks for Forelgners, Another bank officer said: “This Importa- tion of gold is a very simplo matter in reality. Brokers hero nre buying stocks for Europoan fuvestors, and are drawing against them. That makes the ratos low. Bankers buy these bills, and they will get gold for them from the other side." T'he clearing house committes met today, and after the scssion it was learned that another issue of $1,250,000 of loan certificates had beon authorized. It was authoritatively stated that the issue of certifl directly connected with import gold. 'The same statement was made with regard to the certificates issued yesterday A member of the « % house, when asked the cause for the issue of certincates yester: day and tods xvblainod that there werd large maturities at this time and_the banks were preparing to rencw those which could not be negotiated in the open market. bears, said this member of the committee, might possibly use the issue of certificates a8 an argument in support of their pessimis. tie viows, but in reality it was a good bull argument, as was evidenced by the liberal spirit of the banks and their determination to take care of their customers in the pres- ent financial crisis. At the Subtrensury. The subtreasury was debtor at the cloar- 427, about §400,000 of that lemand at tho ning by the banks for currency was reported to be very large up t0 11 o'clock and it is said that the indica- tions at 11 o'clock were that payments toauy would be very la anks would be accommodated very largely with curroncy, the balance being made up with gold where small notes conld not be given Attho banks today it was said there were many demands from Boston and Philadelphia. The determination, the bank officials said, of the Chleago clearing house at last to 1ssue loan certificates, would re- lieve the banks of this city of the necessity of shipping more cash to Chicago, The orders for currency continved to ar- rive during the day and called for very large amoynts, One bank president estimated the amount to be 2,000,000 The demand was quite general, though especiaily heavy from Philadelphia and heaviest of “all from Boston, At Pl phin. The condition of afairs {in Philadelphia today was reported to be unchanged. Sev- eral bunlks here still refuse to accept checks on that city for collection and no little is caused to merchants the he collection of out-of-town che been rather annoying to the banks b becauso their arrangements therefor in a great many instances have become upset by the failure of 5o many country banks. Banks absolutely do not know whero to send checks on some cities for colloction at the present time 'rom statements made by the ofiicials of several railroads ~today regarding the trans- fers of stock, itis apparcnt that there is large investment buying, but in_unprece dented quantitics of small lots. Vice Presi- dent Sykes of the Northwestern said “Sinco June 27, up to today, the transfers amonnt to 3,370,000 common stock, of which £1.970,000 was in100-share notes. and $1.300,- 000 were for fractional ccrtificates. For these certificates thero aro 800 holders, This, I consider, an unprecedented amount of fractional transfers. Noarly all of this is for investment and is in small lots of from five to 100 shaves.” At the office of the Chicago, Milwaukee & St. Paul it was stated that the transters in the last month amounted to about, 1,000,000 shaves, all . full lots. One lot of fifty shares was divided up among seven people, The officials in the St. Paul office said that they never knew of such un amount of small =it transfers. BRADSTREET'S REVIEW OF TRAL Although frade Tas Ieen Bettor Feolt NEw Youk, July 25 —Bradstreet's weekly review of the stato of trade witl tomorrow say: The volume of general trade has been further restricted, and there is no reason to Toport an improvement in business as o whole, Nearly twenty banks at Indianapolis, Louisville, Milwaukeo, Helenz, Spokane and Portland, Ore., have boen compatled to sus- pend payment, not counting smaller financial institutions in smaller centers. Indianapolis wires that the bank suspensions there are not belicved to have affected other banks, and fears are not now entertained of further embarrassment. The five bauk suspensions at Louisville wero precipitated lavgely by withdrawals of deposits by country banks, but the worst is believed to bo over Money is roturning and thore is a disposition to aid merchants whose funds are tied up in_suspended banks, A shock was caused by the suspension of four banks ut Mily number of other important business houscs ave emwbarrassed, but itis believed the crisis is past. Tho volume of trade is about half the us total. Confiden: maintained. sus| Rostricted n alls, An uncasy feeling resuits from nsion of tho banks at Portland, Ore., whe itis practically impossible to realize on securities. There a better feeling at Denver, but the number of cantile fail- ures in that state is not lessened. General trade 18 assuming normal condi- tions slow!] Mercantiie collections arc ex- temely difficult and silver camps are at a standstill, Depression - in trade has had something to do with sing the clearing house at Hutchinson, Kan., Helena, Salt Lake and Charleston. Interior Trado, Tho condition of interior trade is char- actorized in our Chicago trade disputch, which says business theve is quict in all lines, wholesale housos are not sending cut all their traveling men, and thoso sent are not pushing sales, worders are received for fall and winter delivery, and the volume of gencral business at thit conter is ad- mitted much smaller than as like period last year. Ordors given carly this season in leading staple lines are boing canceled and luke freights are so low that many vessels hiave beew laid up. In contrast. the wmild but welcome improvement at Bale New Orleans, Minncapolis and San cisco 1s worth noting. At the first cu woney is passed on smaller domands, dus to the smaller volum of trad but New Orleans declares the general stringency has had less influenc there thun elsewhere, Minneapolis veports the volume of trado faiv for the scason, and tho receipts of orders for dry goods for future delivery n Franciseo the gen and freo arrivals of wheat at tido- wirter are stimulating business. in the South, Taling the south as 4 wholo thora is prac- ticully 10 change this wook iu tae money warket or state of trade and industry, col- lections buing slow aud business only fair for tho season at bost Throughout the eastern and middle states the unwillingness of manufacturers of ivon, steel, wool, couton, shoes and other staples w0 pilo up stock is resulting in_many facto- ies working on part time or closed on com- plotion of ordors. ‘Tho samo money strin- coney in loading markets appears. There is a0 demand for mercantilo paper and banks 2outinue Lo accomumodite customers, in many wstances, even more couservative than naretofore. Moreantile failures throughout the United States this weck continue heavy. A portion of theso apparent failures after sottlemont will not be actual failures Bradstreet's exclusive reports of exports of wheat from all United States ports (and Moutreal) for the weok shova total of 4,- 803,000 bushiels scnt abroad, s compared with 5,077,000 bushels last weok, with 2,254, V0 bushels in the and 8,104,000 bushols in 1881, We estimate the world's availablo supply decreased only about 100,000 bushols (st week. Improved wheat prospects iu Indiana, llinois, Michi- gan, the Dakotas und lowa necessitite w re- vision of the bull estimate of tne hurvost in those states.. O Two Huudred Mou Throws Out of Work, Woncasver, Mass., Ju & Co., manufacturers of sutinettes at North. boro, bave assigned. Mr, Chapin failod two years ago. The mill employs 200 hauds statouicnt has beeu oblained, 1 situation is Fatlure of Wyoming Bankers. Cuerassg, Wyo, July 25 -[Special Tele. | «ramn Wwine Hew. |—Larcon Bros, bankers last woek of July, 1803, | At Lusk, failed be paid in full. The after monoy and open in & few days. The depositors will oxpects to be able to te- CLEARING HOUSE STATEMENTS, Mat Few of the Leading Cities Show an Incrense Over Last Yoar, New Yok, July 28 —This table, compiled by Bradstreet's, shows the bank clearings for the week ending July 25, with the ver- contago of increase or decrease ns Com- pared with last year CLEANINGS, asvasouy| | | | San Francisco Raltimors Pittabur Clnelnnath Kanans Clty oW Ol Minneapolly Buffalo Loulsville mphis, Riclimond Hartford... . Portiand, Ore Washington Dall ¥ A vannih Nashville St Joseph Duluth. .. R Syracuse......... Wiliiington, Dal na, 5 Lowell. Lineoln .. Wichita. .. Dirming Lexington. Ky . New Bedfond Topoeki.. Binghamton Spokinc, 17 837 s 281040 306.200| Total United States. Ontside New York. Dominior Torouto. Halifax. . Hamilton in totals, T FOR A WEEK, Nervousness Characterized the Market for ime, but a Botter Fooling Provails, W Youx, July 25, —Bradstroet's Woekly Review of Wall Street will tomorrow say “Wall street is apparently under the impres- sion that the severe fall in prices und semi- panicky demonstrations on last Wednesday are the culmination of the protracted de- cline. Renewed bank troubles in the west, with fresh symptoms of pressure in the New York loan market, creatsd o very nervous fechng and rendered the markoet repe for thé break which cama when the failure of the Marine bank at Milwaukee and the re- ceivership of the Krie was announced. The depression, while iv lasted, was the sharp- est seen in the present year of disturbance, all values suffering, though the noteworthy feature was the o with which the mbied liquidation and bear attacks car- ried down the prices of the high grade in- vestment stocks until they reached figures unparalleled in many years. The loan mar- ket was "nasurally aff cted, money on call rising to one-cizhth of 1 per cent per day, while two failures were due tothe diffeulty i ying large blocks of spe- Rumors of fresh disasters were circulated, but failed to materialize, and though the speeulative bulls appeared to be demoralized and cowed toa degree which prevented the organization of any effective resistance, an unexpectedly strong buying demand appeared from the investing public, Purchases of fractional lots by investors at the decline were heavy and assumod larger proportions on ‘Thursday, while through- out the break, and on the subscquent day, London and the coniinent w both for investment and speculative counts. and on an_excesdingly large scaie. The absorption of stocks by~ European in- vestors, supplemented by the covering out of contracts, supplied the basis for the re- covery which came on_‘Thursday, although the improvement was deiayed by the cireu- Lation of reports that the Stock exchange authorities would consider the propriety of closing the nstitution temporarily as o means of “allaying tho situation.” The prompt denial of this absurd rumor was fol- lowed by a break in cxchange rates on the foreign domand for stocks, and the engage- ment of $1,200,000 zold in - London, while the money marikot subsided from its high level. The absence of further aisasters also had o due effect and aided materially in vestoring tone and contidence to the street. PROSECUTING THE OFFICIA Detunct Stato Bank of F: Ausol t Six Month: FRANKLIN, July 25— [Special linm Douglas, defunct State Bank rested today on & warrant sworn out by J. W. Robiuson, editor of the Republican, on the charge or vecoiving deposits when the bank was insolvent. County Attorney Whitmore prosecuted tho case. The case wus tried beforo Justice Thompson and Douglas was bound for trial at tho next term of court, s fixed at 81,500, indefault of which he was taken to jail, A number of wareants have been sworn out ainst Douglas for embezzlement, roceiving monoy under false pretonse, ote, 1t is the in- on of the depositors to send the guilty ofticor to the penitentiary. Buank Fxaminer Cowdery swore whilo on the stand that the bank Nad been insolyent for the past six months cers are alter Adjutant Go eral Gage, president of thoe bauk, wno wili also be prosecuted. klin Mad Been Telegram to hier of the of Franklin, was ar- Colorado silvar A Dy £it, July 25, —The transportation and fuance comuittees and dologates to the Chi- | cago silver convention met at the Chamber of Copmerce today. No definite Ang ments have yet boon made, and the meetng ! adjourned until tomorrow morning. The number of people who will go from Colorado will be nearly ), one-third of whom have signified their intention of going over roads rusning vis Kansas City., Final ar- rangements will be aunounced at tomorrow's woeeting. Silver Min Altuched. DExver, July 25.—-The Confidenco mines, Magetlen mountaius, have beon attached by Silver City, N. M., banks aod mer- ud the Pirst National bank of this ho attachmonts aggrogate 45,000 nines are owned by George Crawford Wall street, New York, aud were chants 8, —KE. W. Chapin | about to he incorporated as the Uelen Mi- | ing company, onoral Assigninent, Brookuxy, July 28 —Joseph Lecompto; a L Made u | manufacturer of sheet wmetal, made a gon- eral assignmont today. It is umpossible to learn the amount of liabilities, but they are | suid to be greatly in uxcess of assovs, No | | moe will managers have aunounced their in- | tention to shut down four weoks i August. The Flint and Awerican Lines mills will | shut down in August for loager ar shortor president is in the east | | | today: THE OMAITA period. The mills are well able to meet all thoir obligations, bt feel that it is useless to PAy 8 por cont for time 10anA to enable thota 10 pay oporatives’ wages. Many others aro seriously considering the wisdom of closing for a short poriod Bostox, July 98 —The Tremont and Suf- folk mills' at Lowell, Mass.. will oporate on half time, veginning next Monday. Brongronn, Me., July 88, —Tho New York mills in Saco will shut down for two weoks This action is in_accordance with an agroe- ment with all managers of mills in New England. Provinesce, July 28 —The following mills in Burrilvillo have closed: A. L. Sayles & Sons, Arnold & Perkins, Job Piske, William inkham & Co., and J. D. Nichols & Son. SENATOR VEST ON THE SITUATION What He Sald to w St. Louls Reporter on the Monetary Question St. Lovms. July 28 —United States Senator Georgo Vest is here. aid he: “Can any one tell where this will all end? Nino men outof every ten 1 meet say: ‘Reveal the Sherman law.’ Will that do it, if we can ro- pealit? Not easily, I must admit, but we can do it. “This country is right now at the most critical period in its financial history. We have been traveling along on makeshifts of one kind or another since 1878, Expedients will avail no longer. We must either take up our silver and defend it against the world or drop it, demonetize it: declare that it is not available as a basis of currency and declare that the constitutional right granted to congress to ‘coin money’ meuns only that we shall coin gold only “The outlook 1s gloomy. We are in a fog. It may continue to spread and there is no way to judge of its extent. It may lift, as fows do sometimes, suddenly as it formed and find us in the sunlight under a smiling sun. In this, as in all other dilemmas, atten- tion turns to the law making it, and crios: ‘Help us.’ “‘On the last Fourth of July I heard an orator down in Virginia_say to a vast audi- enc ‘How is it that France, with a popu- Iation of only 40,000,000 and a territory ouly one-thirtieth as large as ours, can keep §700,- 000.000 of silver on a parity with gold? How is it that she, with u population mainly com- posel of ignorant peasants, can keep a gold reserve of $250,000.0007 What is the matter with our statesmen that we can’'t do that? Are we not better, then, than these French- men? What is all this talk of our inestima- ble material wealth that we hear so much about. Where are our statesmen? Where are our financiers?" “Now that is the kind of argument that reflects the popular mind upon the money question. How will 1t be possible to convert the nation to a faith in monometallism—to & single gola standard?” Nebrask Iver Iden. A petition to Nebraska's sonators and rep- resentatives in congress is boing circulated for signatures, asking them to use their in- fluence at the special session of congress that convenes Awgust 7, to secure the adoption of a resolution suspending the operation of the Sherman law, and the appointment of a com- mission to draft a substitute bill to take the place of it, and then adjourn without further action until the opening of the regular ses- sion in December. The petition is receiving hearty endorsement, and will be presented to the Nebraska congressional delegation be- fore the last of the members depart for ‘Washington the first of next week. Hon. D. H. Mercer yosterday sent the fol- lowing self-explanatory letter to the Com- mercial club of Hastings: 0USE, Secrotary Oom- cial Olub, Hastings, Nob.: Dear Sr—[ am celpt of resolutions adopted by the Com- mercial club of Hastings, Neb., with refer- once to the financial quostion of tho United States, and more particularly to the Sherman 1aw, so-callod. will give vour resolutlons proper con- sideration at the proper time. I view with re- grot the scare and fright prevailing among tho peoplo of the United States today. 10 of the best banks in this country have boen forced to close thelr doors stmply bscuuse the people made an unwarranted Fun upon o, Vo hiave plenty of mouey ih the United States, but too much of it is concoaled In stock- ings and hidden under the bed and in private sufoty deposit vaults for the good of the coun- try. “The bunks are all right {f the people will only give them a chance to prove it. The Shermun law miny be responsible for some of the financial ~ disquietude, but I do not it I tho only cause. - In tho place, ns suggosted betore, two-thirds of It s Imagination and fright. How to turn this Imagination_and fright into confidonco is o proposition.” Congross may do one thing, and that may add to the scare; whereas it may do something at the time co; sidored very insignificant, which would cure il tho llls. 71 do not hulleve anybody knows the proper solution of the problem: Yours trul, D1 MEnce. Weak Feeling in Chicago. CmicaGo, July 28, —Everything traded in on the Board of Trade was weak today, chicfly on account of the action of the asso- clated bauks as to the issue of clearing house certificates, operators believing it por- tended fear of finauciers of a_further and increased money stringency. Wheat was the weakest, touching the lowest point recorded in the history of the board. Trade in Sep- tomber, which closed yesterday at Golg cents, dropped to 62!4 cents. Two Denver Failures. DexveR, July 23.—The Danver Hardware company filed an assignment today in the county clerk’s office. James A, MeClurg is made assignee. No schedule is filled. The firm is the lurzest hardware house in the city. Elmer Anderson, dealer in furvaces, has igned to Theodore Leland. He places asscts at §),437.15 and his liabihities at #5,501.29, Tholr Liabilities Are Small NEW Yorg, July 28—The announcement of the failures of H. C. Averall and C. H, Con- nelly was made on the Consolidated ex- change today. The liabilities are small, ‘The failures are attributed to tho decline in Sugar and General Electric, All Wire Nail Miils Idle. Prersuvng, July 28, —The wire nail manu- facturers, in view of the, present condition of business, decided to coutinue the shut down until Septemver 1. All the wire nail works in the United States are idle, Four Small ¥ 1 London, Loxvoy, July 23, ocks were steadlor and Americans firmer under free buying. Otherwise there was little doing, operators being absorbod in settlement, There have veen four small failures, Roller Milly Shut Down, Hanrisuuna, Pa., July 25, —The Harrisburg Rolling mills, one of the largest creditors of the American Iron and Tube company, which failed yesterday, have shut down indef- inively. Another Montana BroaksUp, REAT FALLS, Mont., July 25 —The First National banl failod this morning owing to the Helonu bauk suspension. The assots ure much above the liabilities, 1t will soon re- sume, New York Exchange Quotations. W You, July 28.—(Special Telegram to Bre. ] -Fxchange was quoted as follows Chicago, 87 aiscount; Boston, 25 to 40 conts discount; St. Louis, #.50 discolint. More Clearing House Certifioates Niw Your, July 25.—The clearing house committee had issued §2,000,000 in clearing tificates up to noon. The total now outstanding is §25,000,000, Tn Watoh Works shut Down, Wartuam, Mass, July 25.—The Waltham Watch company shut down for a month and will resume September 1 with nan torce, “Three thousand men are thus wade idie, It Wus & smaill PoRTLAND, Ore., lare. July 25.—The Union Banking company made an assignment today. Tho institution did a small business and the failure caused uo excitement. Two Wisconsin Fullures. MrLwavkeg, July 28 —Specials report the failure of the German American bank, Port Washington, and Seymour's bank, Chippewa Falls. | Mouxt SteruNG, Ky., July 28—The ‘Tradors Doposit bank has failod as a reault of jg run. Liabilitics, 8150,000; ussets, §520,000. Will Assis LouisviLLg, July 38.—The Clearlug House DAILY BEES SATURDAY association decided today to assist the woeak banks by issuing Idkn cortificates. W Siity Tays Notios. Nrw Yonk, July 28— An important meet- ing of presidents of tho savings institutions of New York afl Hrooklyn was held today, at which it was decided to recom- mend to the trustees ana directors of the various bankd representod to onforce tho sixty days notice clause of the savings banks act. The resolytion adopted by the presidenta providad tilat the Tull require. ment of sixty days Hotiee be enforoed against withdrawals of 00 or over. For sums under that amount M was recommended that a notice of only thirty days be required. The meoting was attended by the heads of nearly all the savings institutions of this city and Brooklyn. The resolution commending the enforcement of the clause was adopted without dissent. The question of the advisability of the step had also been considered at a meeting of the clearing houso committee, which is composed ol national bank presidents. No intimation of such an action was had in Wall street today. Bland Will Accept the Chalrmanship, St. Lovrs, July 28—, T. Bradshaw of Lebanon, Mo, in an interview said today: T would like to correct a statement being circulated to the effect that Mr. Bland will not accept the chairmanship of the coinage committee. The statement is entirely false. It gained publicity by the unceasing efforts anti-silverites who are very anxious to see any man except Biand made chairman of the com- mittee. 1 live in Mr, Bland's town and have talked with hum on the subject and therefore, know whercof 1 speak. If Speaker Crisp makes up the coinage com- mittee of anti-silverites [ do not think Mr. Bland will accopt the chairmanship but otherwise he wants it and it is generally conceded that he. will get it, the report to the contrary notwithstanding.” Adopted Flery Resolutions. New York, July 28, —Another echo of the tumultuous silver meeting last Tuesday was heard today, whon the National Citizens Industrial association held 1ts moeting. There were sixty persons present and some fiery and denunciatory speeches preceded tho adoption of some equally flery and depunciatory resolutions. They en- dorso the acts of their members at the “so.called smlver meeting” and after declaring themselves tired of being deceived and swindled and sold out year by jear, protest against the dishonest element that would attempt to coms into their party at the elevonth hour to rob them of the glory of leadership of the free silver farme: alliance and labor associations. It Was Not un nest Fallure. Ath, July 98 —Armed with o writ of attachment in a suit brought by Newberg, Rosenburg & Co., of Now York against Henry Buck, a clothing dealer of New York who recently made an assignment, Deputy Sherift Gormany found today at the Pennsylvania depot a iot of goods shipped from New York by Back and shipped in part to Henry Back and part to A. Guthman, who was a vorter in Back’s ow York store. The value of the goods is $10,000. Five Hundred Men Made 1dl Pirtssura, July 28.-—The Bessomer steel department of Jopes & Laughlin’s plant closed down today, throwing 500 men out 9t employment. A condition of uncertainty exists at the works of the Oliver Iron and Steel com- pany and the thousands of employes are ap- prehensive of & shul-down. It is rumored the firm proposes running non-union. The members of the firm refuse to talk. To Repeal the Sherma Law, Davesronr, Ta., Jily 25.—Resolutions ask- ing senators and representatives of lowa to work for the immedfite Topeal of the silver purchase clauso of tho Sherman luw were unanimously passed by the Davenport Busi- ness Mon's association tonight. Fallure of A National Bunk. Wasurxaroy, July 38.—Com ptroller Eckols is advised that the Chamberlain National bank of Chamberlaiy, S. D., capital, $50,000; indivigeal toposits, 815,000, Tailed toduy. Sliver Purchasos. ‘WasniNaroN, July 28.—Director Proston purchased 100,000 ounces of silver today at 0.7030 per ounce in response to his counter offer at that figure. Tube Works In # Kecelver's Hands. CLEVELAND, July 28, —A receiver was ap- pointed today to take charge of the Ohio branch of the American Tube works at Youngstown, O, Coffeo and Ton o Ansigns. New Youk, July 28,—Wilde & Wickham, dealers in coffees, teas and spices, have made an assignment without preferences. Fallure of an Jowus Merchant, Davexporr, Ia., July 28.—Charles A. Meck, furniture dealer, assigned today. Liabili- tios, $22,000; assets, about the same. e Roller skating at Coliscum tonight. St PERSONAL PARAGRAPHS, L. M. Ormsby of Wyoming is in thecity. S. W. Beggs of Holyoke, Colo,, is in the city. Bd F. King of Deadwood, S. D., is at the Paxton. D. Coo of Nebraska City is in Omaha on business. J. W. Audrews of Fremont was in the city yesterday. Jack Donald of Grand Island is booked at the Murray. M. B.and E. A, are in Omaha. Miss Annio Holland of Hastings is visiting Omaha friends, Matthew Gering ot Plattsmouth is regis- tered at the Murray. O. E. Berg and J in Omaha yesterday. J.S. Burris and J. B, W. Juckson of Lin- coln are at the Merchants, State Superiutendent A. K. Goudy of Lin- coln sojourned in Omaha yesterday. J.J. Bonekemper and B. C. Howard of Grand Island are guests at the Millard. Mus. . D. Palmer of Lincoln and Miss Sadie Young of Hastings are in the city. Oscar Hene and his sister, Miss Edith Hene of Burlington, Ia., are visiting frionds inOmaha. Charles G, Kilpagrick, the one-loggod fancy and trick bicyelist, arrived in the city yesterday from the east. G. R. Williams of Elk City and J. M. Marsh and son of Wahoo wera among the residents of interior Nobraska who visited Omaha yesterday. I Wyoming was woll yevepsented yesterday in Omaha, among tho citizens of that state here being S. W. Downey of Laramie, W. T, O'Connor of Cheyeuno and A. A. Spaugh of Manville, ‘ David Rowe and family have returncd from & two woeks visft atthe World's fair. M. Rowo started vesterduy for Glenwood, Colo., where she wiil,visit during the re’ mainder of the summar months. Atthe Morcer: A."T. Hotter, Chicago; J. W. Russell, Daveuport; H. H. Wallace, To- kamah; F. G, Simmons, Seward; Con Kirk, Grand 'Island; Krnest Peycke, city; Mrs Sol. Bloteky, ‘Shelby, Ia; M. Dee, Lin: coln; Kd Hurst, Denver: €. J. Hyshaw, Red Ouk, Ia.; Phasbe M. Chapman, Miss Hattle Saunders, Oakland, Cal; F. H. Anderson and wifo, Denver &' Rio\Girando Express; T. B. Hord, Central Cigy; Frank Lanbert. city;Allen S, Miller, Chicago; Ben Robbins, New York; J. W. Love, Fremont; W. Bloodsere and lady, St. Joe; George A. Hill, city: S. H. i % M. Fischor, San Francisco; James Murphy, Osh- kosh; K. L. Sweeney and wife, San~ iran- cisco; Miss K. N. Gloeson, Pittsburg, New Youk, July 28.—(Special Telogram to Tug Beg.]—Owaba: G. Jsmieson, buyer for Hayden Bros.,, Broadway Central. Lin- coln: L. A. Cowan, Broadway Central, mith of Ainsley, Nob., Johnson of Blair were —_——— Balloon this eve at Courtland beach. e — Forgot to Liguidate. “ML. L. Harvey St. Louls” is the legend which stares the nead clerk of the Paxton in the eye and is all that represents a whole week’s board. Harvey has been at the house a week and yesterday he came down stairs and started south on Fourteeuth stree He bad reached the Harney street corner whan the cashier and a bell gu,v caught him, JULY saving that he had forgotton to pag his | bill. He told them not W worry, that te wonld be back In ten minutes with the money and they let him go. At 10 o'clock lastnight Mr. Harvey had not returned and the clark chareed his account up on the loss side of | the ledger. — Balloon this eve at Courtland beach. prchahal- el AMERICANS IN SIAM. What They Have Done for tho Advance. ment of the Siamoese. Mr. Isano Townsend Smith, the present consul general for Siam in Now York, has been connected for over forty yoars with the Siameso govern- ment as financial agent, consul and consul general, and is therefore woll qualified to speak of the little kingdom whose quarrel with France may have such far-reaching re- sults, says & Washington correspondent of the St Louis Republic. Mr. Smith vas asked by the Republic today to say some- thing of what Americans have done in the past in Siam. “We have contributad to educate her princes and and people in many ways,” said he. “Americans introduced “printing and other useful arts, us well as medical treat- ment, among them, and have done much in other ways to stimulate and strengthen their onal life and _character. It is no wouder, therefore, that we regard with tho deepest concern this unjust war that has been sprung upon them 8o unexpectedly by the French, “‘Americans have been interested in Siam for many years. In the olden times we had cousiderable direct commerce with Bang- kok, latterly by missionaries ana educators dwelling among the people. The kings of Siam = both the late king, father of the vrosent. and his majesty now on the throne—have allowed foreigners to reside in Siam, treating them in aliberal spirit. To Americans they have been friendly in a marked degree. They have been plensed with their residence in the country and have appreciated what we have done aw.ong them. “In 1885 the first printing press was set up in Siam by Dr. D. B. Bradley, an American. In 1886 the first printing in Siamese lotters was done by C. Robinson, an American, with type cast in Bongal. The first known suc- cessful operation in surgery in the am- putation of ‘an arm was performed by Dr. Bradloy on a priest. About this time the smallpox was unusually widespread and ma- lignant throughout the country. It had boen an annual scourge. The American mission- aries introduced vaceine and arrested it. ‘The king sent a body of the royal medical faculty of ten or twelve to this country to loarn the treatment until able to practice it successfully. “In 1851 three ladies of the American mis- sion, Mrs. Samuel L Smith, Mrs. D. B. Bradley and Mrs. House, upon the invitation of the king, visited the palace for a period of three years and taught the family of his majesty scionce and useful branches of knowledge. “In 1855 the firat steamhoat built in Siam was constructed by Pra Nai Wai, a Siamese, after plans and models made in this country and sent over by myself, with eneines and machinery made in this city. Tho engine and machinery was set up under the superintendency of I H. Chandler, an American, as a practical machinist con- nected with the American Baptist mission. The boat was a yacht for his majesty’s own It haa a ‘walking beam’ engine. It alled the Royal Seat. On the 10th of November, 1855, the king took an excursion on it. “In 1856 the United States ship San Ja- cinto arrived at the bar at the mouth of the river with Hon. Townsend Harris, Ameri- can plenipotentiary. Ho was escorted up the river by the state barges, the Royal Seat bearing the minister, and on the 2ith of April, 1855, the treaty with the United States wus signed. “The first steam rice mill in Siam was set up by an American. In 1858 the first steam war vessel built in Siam was from drawings and models, with stoam engines and machin- ery built hero and sent out by myself from this city. This vessel, builv by Pra Nai Wai in Bangkok, was 604 tons, carried a crew of 180 men and was called the Enemy Chaser. “Mr. I. H. Chandlor, American, who had been some time in the government service, was appointed about this time tutor to his majesty, then in his minority. The first houseboat was designed and built by Michael Guerney,an Ameri- can connected with the rice mill. Dr. McFarlan, an American, has for many years been at the head of the government college, and Dr. Hays, also an American, is in charge of their hospital. The present mansion, oc- cupied as a residence by the American min- ister, was a gift by the king to the United States government. “By this interesting record it will be seen that Americans have a right to be concerned in what may befall the kingdom of Siam, and cannot stand by with indifference and see her capital bombarded, er beautiful and most picturesque palaces destroyed and her people killed by a so-called Christian nation without g protest and a shudder at its awful crueity aWd barbarity.” s Balloon this eve at Courtland beach. e INJUNCTION GRANTED, Judge Dundy Ties Up the Oporation of the Maximum Rate Law. Just before leaving the federal building for home yesterday afternoon, Judge Dundy issued the order granting the writ of injunc- tion against the State Board of "Transporta- tion prayed for by the Chicago, Burlington & Quiney Railroad compauy, to prevent the board from lowering rates in the interest of the jobbers of the city of Lincoin. The order was brief, and stated little beside the fact that it seemed right that the writ should issue. It was thereforo adjudged, ordered and decroed that the board be ou- joined from acting along the line set forth, f-and the plaintiff is required to furnish a bond of 10,000, to be approved by the court, The injunction is temporary and will hold until the matter comes up for further hear- ing before the court, Foderal Mattors, United States Prosecuting Attorney Baker went to Lincoln yesterday morning to try a case on prelimmary examination before United States Commissioner Billingsiey. The aefendant is Avtorney Blodgett of that city, who1s charged with unlawfully wholesaling liquor. The case is an odd one, from the fact that the defondant took tho liquor to ecure a debt, and as ho had no use for it himself, sold it to a dealer who had a use for it. The charge against him was good- naturedly put up against him by some of the boys, and he will nave to stand a eriminal prosécution, Deputy United States Marshal Lyon went to Lincoln to levy on a lot of prop- erty belonging to C. W. Mosher, the convicted bank wrecking president of the Capital National. The service of the writ of attachment was demanded by Receiver Hayden of the defunct institution, and the deputy was instructed to look for property agiregating $107,000 iu value, 1f successful in his search the fees that the marshal's office would reap out of it would make a snug little fortune, but Marshal White is satisfied that not a penny will be found, and 15 lamenting accordingl edieo L Silver Tone Quartet, The Silver Tone Colorea quartet of 1124 Capitol avenue, composed of Messrs, James Swith, Grant Stroter, Bd Rose and L, J, Porter, serenaded T Bek office last night. st OCAL BREVITLES, The regular meeting of the Milk Dealets association will be held this evening at 8 o'clock at Wolf’s hall, Twenty-second and Cuming streets. H. J. Penfold has filed a complaint agairst Charles McClure for keeping a vicious dog. The trial came off yesteraay morn- ing in police court and the defendant was discharged, Treasurer Bolln yesterday forwarded to New York 800,000 to" meet obligations of the city falling due Augustl. Tha obligations cousist of short time bonds maturing and zhorl and long time interest coupons falling ue. The hearing on claims against the estate of the late J, W. McMenamy cailed in the probate court yesterday moraing snd after toking a small amount of Iesllmull{‘ further | proceedings were continued until the No- | vember term | date. SEVERAL FORTUNES WRECKED | Wheat Reaches Low Wator Mark with Dis- astrons Resnlits Generally, RESULT OF THE CLOSE MONEY MARKET Refasal of Bankers to Advance F Stooks in Elevators Forces Great Quantities of the Graln luto the Pit nds on Cnioaco, July 25— [Special Telegram to Tue Bee. ) ~Wheat prices have made a now rocord, and No. 2 spring was today quoted on the Board of Trade ata shade loss than 1 cont a pound. This was after the markot had declinod sharply, sweeping away what would represent in the aggrogate several liberal fortunes, The wheat pit was not a little excited a nart of the day when values wore being whittled down rapidly through whe selling of grain which had been bouelt at much higher prices. Holders did not hagglo over an eighth or a quarter cent, but were dis. posed to get the best ficures to be had and with as little delay as possible, Compared with the high point of the day before, the lowest price today showed & sheer loss of 414 couts a bushel, the Soptem- ber being carried down to 621 conts, at which time No. 8spring for delivery during the closing days of July was quoted at from 550{ to 50 cents for a bushel of sixty pounds. Not often does wheat reach as low a figure a3 those which have ruled for many weoks. Records Froquently Broken. Records have been broken time and again during the last few months and another “bottom motch” was scored today in the prices just given. It has been thirty-two years sinco such quotations have been seen The records show that in Juneand July, 1861, wheat sold as low in this city as 55 cents, and in August, the same year, at 58!y cents. Since the = first year of the war prices have never been us low as now. Wheat declined 4 cents in the short period of forty-oight hours, This represents a shrinkage in the value of contract grade ofiwheat stored in this ity of $050,000, ‘Tho total stocks of wheat in tne public warchouses of tho United States at tho close of last week wero - 000,000 bushels. If this wore all good enough 10 pass on speculative contracts tho loss through the decline of the last two days would exceed £,300.000, to say nothing of the loss to farmers who hold seattering reserves of old wheat and are now busily enguged in harvesting a new crop, estimated all tho way up to 400,000,000 bushels, Cnuse of the Break. The direct and almostsole cause of today’s sovere break was the financial situation. Local stocks of old wheat are unusuall large at a timo of year when they should be smallest, and new wheat is pouring into pr mary markets. The gencrally accepted rea- son for the latest decline is a bressure on the part of bankers who have loaned money on wheat cortificates. It requires perhaps §12.000,000 to carry the wheat in Chicago clevators, Some of this has been borrowed by the owners ot wheat on call, Forcigners are here with bids for old wheat, regarding the price low, as docs every one in the trade. Naturally they do not propose to pay more than the market price for it, while holders just as naturally beheve it is worth more than enrrent qua nd refuse to sell, except in a small way. With close money and the urgent need of funds to a commodate other lines of tradesbaniers a; said to be inclined to force the marketing of some of these millions of old wheat stub- bornly held by elevator people and others. Calling Lohns on Wheat. To this end the impression was almost uni- versal today that loans on wheat ave being called. This in turn brought out a lot of sell- ing in the wheat pit and so demoralizod were the conditions that an outlet_could be found for the offerings of future delivery only on a declining scalo of prices. Shipping houses experienced serious difficulties in negotiat- ing castorn exchange and this restricted the cash business. There was ouly a feeble rally at the close and mamy traders are tulk- ing 00-cent wheat for Septem bor. No failure was reported, although the loss was enormous, especially as it so close lowed previous shrinkage in values for this product. Corn and provisions were effected by the general heaviness and sold lower, while oats held steady under a revival of ox- port inquiry. P B Roller skating at Colisewm tonight. Ty OUTRAN THE AVENGERS, Long Legs of a Brute Saved Him from Condign Punlsh t. Some unknown loafer attempted a crim- inal assault on a little girl in tho vicinity of Thirtcenth and Castellar streets yesterday afternoon, The ussailant had a narrow escape from summary punishment at the hands of mdig- nant citizens. For the past few days a couple of young men have been loafing around the Castellor and Vinton street corners on Thirteenth and have been making ndecent proposals and exposures Lo tho young girls living in the neighborhood. Yesterday one of the fellows caught the 13-year-old "daughter of a man named Wolf in“an unfrequented place and he mado forcible advances to her. The girl broke away and made hor escapo to her home. ~ She told her father what had happened, and, in company with seve neighbors, started after the brute, who saw them coming. Ho ran down Thirteenth street, over on Twelfth and down to thoe Union Pacific tracks below Tenth stroct Here he escaped by runmng behind box ears and undoubtedly reachod tho river bottoms. The enraged pursucrs pelled to turn back with disappoint The man who made the assault on Mr, Wolf's daughter is deseribed as being about five feet ten inches in height, of medium build, red-faced, wears a_derty hat and a wine-colored sack coat. ORicers are looking for him., Y Roller skating at Coliscum tonight. R FGR SATOLLL AT 5T, PAUL, Minnesota Catholies gato o ive the Papal Ablo- arty Wolcomo St. Pavs, July 28.—The Catholics of Min- nesota united “tonight 1n a recoption ot Hotel Ryan, this aty, to his grace, Mgr. Satolli, papal ablegate, Large delegations were prosent from all over the state, Mgr. Satolli was assisted in receiving by Archbishop Ireland, Arch- bishop Grace, Mgr. Ravoux of Duluth, Bishop McGollrick of Duluth, Bishop Cotter of Winoua, Bishop Zardetti ‘of St. Cloud, Bishop Shanloy of North Dakota and Lishop Marty of South Dakota, The receiving party stood in one of the spacious parlors of the hotel and for the space of several hours the representative of Pope Leo recelved homugo, During the evening Hon. O. D, O'Brien of St. Paul made an aadress to Mgr. Satolli, welcoming him to the metropolis of thé northwest and assuring him of the foalty of %ood Catholics in this part of his domain, The distinguished ablegate responded in a fitting wanner, expressing his gratification at the privilege of meoting so wany loyal 80ns of the church. y During the night refreshuents were served and the reception closed shortly before midnight, Mgr. Satoll has just returned from a trip to the Pacifio coast and will rewain in St. Paul for some days, the guest of Archbishop Ireland, e de— Roller skating at Coliseum tonight, B Still They Come. About thirty Coloradoaus who nad taken aavantage of the § rate from Denver to Missouri river polats arrived by the Union Pacific yesterday afternoon and distributed thewselves about town for tho sime being. Tho timo for filing the coport | None of ‘tham had auyihiug uew to ssy | of the excoutors was extended umtil that | about she aituation in (i oraio Nearly all of thoss who slopped off here will scatter within north, east and south money, but not in su hothers thom to carry it S S, Baltoon this eve at Courtland boach, n_fow days to points Most of them have W amounts that it — - ARDUCTED A YOUNG GIRL. Employesef Ringling Bros.’ Clrcns Threat. oned by n h Dakota Mob. Siovx Crry, Ta, July 298 A special to the Journal announces the capture at Center- ville, S. D, of Harry Pinkorton of Ringling Bros.' circus, who, & woek ago, abducted the young daughtor of Major Moore of Mitehell, S.D. An attempt was mado to lynch Pink erton, but the sheriff and_constable frua- ted the mob's designs. More trouble is arcd when the father arrives in Contor- ville tonight ©rime of an lowa Merchant, Srovx Crry, July 98, Special Telogram to Tur Bk, ] —G. O. Proston, a merchant of ton yours residence here, was lockod up today on the charge of outraging tho 1l-year-old aughtor of James Keenan, a laborer, The wirlis alleged to have been entived into his storo by presents of oandy. Preston was caught 1 the act by reputable men, who £ave him up to the oMcors. Quick Work of a Podestrian, Fowr Donar, Ta., July 28— [Spocial Tole- gram to Tue Brr |—~Randall Stewart, the colored man who started to walk to Chieago from Fort Dodge on July 18, reached the World's fair last ovening. He walked the entiro distance, 876 miles, in just ton days. He had no money when he started, Gond Showing of a Rallroad. MARSHATLTOWS, Ta, July 28.—Tho annoal roport of the Towa Contral railway shows gross earnings for the fiscal year ending June 80 to be $1,056,876; operating expenses, S1,874.078, leaving net earnings of #3581 08, This is an incroase in not carnings of §48,078 dver last year. Died of STRAIAN, Tn., July 28 —[Spocial to Tun Bk, |—Unclo” John Craig, the nged gen- tleman who was recently hurt in o run. away, died Friday of concussion of the brain. Ho never cloarly regained conscious- ness after receiving tho injuries. Jurios. own Warden Suspended. Krokvk, Ia, July 28 —Governor Boies today formally susponded Warden MeMillan of the penitentiary at Fort Madison for mis appropriation of “funds and took charge of the state property. Co Des Morxes, Ta., July Reports rocoived by the crop bureau show rains this morning extending over a large area in contral Iowa and the corn crop is much improved. kg 4 Denth of Emmn Ambrose, Word has just been received by cable say: ing that Miss Emma A, Ambrose. only sister of Hon. George W. Ambrose, is dead. aiss Ambrose was a member of the First Baptist church of this city, and, just fifteen yoars 4go. went as a missionary to Burmah, where she has labored continuously, save for two years which she spent here on account of ill- health. She returned again three years ag Her station was at Towngoon, sixty wmil up the rviver from Rangoon, No particulars as to the cause of her death have been re- ceived. Mr. Ambrose veceived a letter from her on the 20th inst., written Juno 15, when she said sho was very well. Misd Ambrose was bl ars of age. e Killed His Wifo and Himself. MippLEFoRK, Ky., July 28 —Hardy Calde well, a vespected farmer, shot and killed his wife today and then committed suicide. The couple did not live happily together and had agreed to separate and were discussing the terms of separation when Caldwoell committed the crime. Asleep o ¥ Bed. Pat MeDonald was evidently trying te g1ve the covoner a job last night, for ho got drunk itnd went to sleep on the railway track nearthe B. & M. freight house. Oficor Cuisane discovered Pat and seat him down in the patrol wagon, where ho might sleop in juil in safety. Mrs. M. F. Bo: “I Was a Wreck With catarrh, lung troublo and generally broken| Jown. Beforo I had taken half a bottle of Hood's Barsaparilla I feltbetter. Now I am in’ Hood's*=»Cures | £00d health, for all of which my thanks aro due| 0 Mood’s Sarsaparilla,” Mns. M. F.| BoNE, Clover, Iron Co., Mo. Got Hood” | Hood’s Pills curo Constipation by restor. mg tho perlstaltic action of the alimentary canal, | | Said the to himself, “‘If the = | moon I could get, #: = whenever I'm dry 7 my throat I could s | wet; Theoon isa' quarter—with aquar- wr I hear; you can purchase five gal- lons of Root Beer.” A Dellclous, Temper ance, Thirst-quenching, Health-Glving Drink. Good for any time of year, A 35c. package makes s gallons, De sure and ‘et Hinks', AMUSEMBKNTS, BOYD'S THEATER OPENING OF THE SEASON. TUESDAY | Riggest Show of the Yoar, GEO. THATCHER 'S New Speotuoular Comle Opera, -ARRICA- ats on sale Mouday, Jydy il Prices: 25 30 i ¢t or WE LY L POV T. THEATER TR Oponing of Regular Seasiii. COMMENCING SBUNDAY NICHT, JULY 30 The great comedy drama, WOLVES OF NEW YORK LEONAKD GROV) dayi aay sest 1w the housy 1