The San Francisco Call. Newspaper, December 19, 1899, Page 1

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VOLUME LXXXVII—-NO 19. SAN FRANCISCO, TUESDAY, DECEMBER 19, 1899, SULVES A MYSTERY OF CARSON CANYON Body of Murdered Peter Lorraine Found in the “Black Hole” of Marin. | AFAEL, Dec. 18.—The cloud of | hollow tr .| TELEPHONE COMPANY | tain_fast- ABSORBED IN SAN JOSE | Sunset Line Purchases the Property and Franchise of the Local Corporation. Dec. 18.—The set ¥ has absorbed the Peo; ¥, a local corporation. | was made public to-day d by the Sunset a few years ag ¢ were charg property is to from the necessity entals and having two tele . ph to his the new * @ rates. The Si S e the charge 5 HIS WIFE'S JEWELRY | Sultan’s Son-in-Law Takes French Leave After Taking Every- thing Possible. NTINOPLE, Dec. 18 The flight ver., is ved the - on MICHIGAN LEGISLATURE. re kept by s cabin. Dier Called in Special Session to Consider Railroad Taxation. LANSING, Mich., De T n wh in sess Hou pre s’ Sl APPEALS TO PRESIDENT. 1L \PRICE FIVE CENTS BULLER REPORTED TO HAVE CROSSED THE TUGELA AFTER A STIFF FIGHT WITH BOERS Following This Dispatch, However, Comes a Second Story Stating That Methuen’s Force Is in Great Danger. PO SPCPNP SN o PP S S S S Y Peieieiebeieteteteie @+ e e e attempt to cros doing s choser General Ga further news had been received. ONDON, Dec. 19.—At last | the Tugela are coming through, but very slowly, and the | stories are mostly incomplete. | All the dispatches bear evidence | of being severely censored. For| al Buller's official | that he had lost even guns, but this fact has| been carefully cut out of cvery by the censor, who evi- ently was in ignorance of what ews the War Office had given to We now know that | instance, Gener report stated 1e public. seneral Hart's brigade did actu-| ally cross the Tugela, but had to withdrawn, losing very heav- | ; that General Hildyard's bri- gade was also checked, and that e v this connection it tation of being a very good offi- cer. We are expressly told the reason, namely, that he was anxious to get within effective range of the enemy. “It is the old, old story an artillery expert. .7 said I'he officers and gunners of the Royal Artil- lery are second to none, but their guns are obsolete. It is certain that the reverses which have of late been suffered by the British have been for the most part the result of imperfect performance | of scouting duties, not merely general are scouting duties, which under the direction of the headquarters staff, but of duties Queenstown, Northern Cape C R e g S S 0@0—0-&&0—0&Q'?—%@—06 LONDON, Dec. 19.—Through a source which is usuall authority 1 learned early this morning that late last ni dispatches from the commander London. One of these dispatches stated that General Buller had m the Tugela River, and, after a stiff fight, At what point this crossing was made is not stated, thing said as to whether the Boers had been driven out of their e The other dispatch was to the effect that Lord Methuen’s ¢ had been cut and it was possible that a flank attack threatene his column. At the War Office late last night inquiry as to ne |elicited the evasive reply that the War Oifice had no news to issue to- |As a rule answers at the War Ofiice to questions of this kind {ing which states that | | | olony, Gen. Gatacre’s Base. This town lies south of the Stormberg Mountains, on the line, 154 miles from East London, on the Indian Ocean, Bethulie bridge, by which the road crosses the Orange River. acre’s base and he is now retiring from P ward it, as the Boers from Dordrecht are threatening it on the flank. b eb et edesedeie, ern Railroad and 126 miles from It was early utters kraal to- Db e eie@ y inspired by the best ght two very important in chief in South Africa had been received in ade a second had succeeded in nor was any- ntrenchments. ommunications d the safety of ws from Buller night. is that no c 5 pointed outling, as he must have known, that | the details of the battle at| that Colonel Long has the repu- | the antiquated British artillery would be outranged on its first meeting with armed force. A telegram comes this morn- any adeq ately General French has been obliged to e uate Vaalkop b ccause the weakness of his artillery. T.ady- smith would have heen obliged to surrender long ago but for the hurried dragging up from some of warships of big naval guns. It is a sad thing to say, but true, that the artillery of the richest coun- try in the world is less effective than much that is possessed by a nation whom certain journals and PRODUCE EXCHANGE TRUST COMPANY FAILS 'New York Corporation Goes to the Wall With Over Eight Mil- [ion Dollars Liabilities. NEW YORK, Dec. 18.—The Produc change Trust Company of this city has closed its doors. A notice upon the door | says that the company’ has suspended vment pending an examinatiop of its o Ex-| the sheep have the I goats in Wall street s rtunate of the new been affiliated with ¢ which closed | b The officers of the company de- to the wh [ clined to see anybody or to give anything | Securities, = is suff for publication beyond this supplementary | the wide breaches m notice that was posted on the doors some | {15 Tk time after 11 o'clock: rl i= to be note ry The immediate cause of the suspension of the heavy commitments st c form' of enterprise slons on the bankin mpany s its inability to convert its securities cash in time to meet the sudden and ab- normal demand made upon it. A statement of | much discussion. It h the company’s affairs at the close of business | many months ha Saturday last In round figures is as follows moiey has been locked up Assets: Cash on hand, $115,000; cash in West- | (1" thoge new indus ern national banks, $100,000; ; cash in National in First National which were becom City Bapk, ; dng the Bank, J [ sh in Stundard York City bonds, §2,500,00 demand loiw 655,000 jue from banks, $910,- tn %00: total mssets, $iL,- | Eent needs of growing out of wal war. Last ilitles—Capital surplus, $5,00 week's 1) t T joston aividual deposit trust fund: was the outgrow burden of cup- due to banks, § ; total labilities, | per stoecks. Thus it w to-day s that the t The notice posted on the door of the | Ure coming company’s office reads events in Boston. aro The board of directors of the Produc the point of suceumbing t 3 ences. In the effort curities others were ding the readjustment | CUT 1 wing spectal commit- | D& some of the most Armstrong, George R. | 0N the list. The fal | , Edgar A. Homer and Frank Bralnard, | 0f relieving the situation h appolnted by the board of directors to | Weakness with cumulative force take charge of the property and affairs of the | of the shrinkage in the value sion thereof for the | erals. Before the concerted relief by the Clear- house | company and is in p board of directors. ALMON GOODW WILLIAM LSON CROMWELL, oungel for Committee. office of the City Chamber| ; - id that the money during the day. The official rep: on deposit with the | of such a reaction was lost in the strug 1st Company. | gle hange Trust Comps Py R R | first became prominent as bidder e Kal g vations, Thus, $ w0 bond issue in opposition to Ver- | Ameri Tobac S0. and others, who were part of | Me(roj 20, » that had hitherto controlled | 12%:: ( f okl e in efty Coal th bonds. shange Trust ¢ ganized a couple of years a 0,000 and had a reported ided profits at this time | ferred In the railro Northwestern, > North Yo g rk Centr: n preferred, Rock Islar F Its business was chiefly | Pacific, the Union ifics, the with merchants, tradesmen and corpora- | Pacifics, Atchison preferred and tions in it late vicinity, and it was | the most prominent and active S0 SuUppe » do some of the banking | stocks in the whole list the way from four to ni dard Ofl Company. It A by ki The rallles, with d by the Banking De- State as a legal deposit- moneys and municipal for the funds of sav- banks. ny are: business of th had been partment o ory for State well as and Sta rs of the of the money rote tc five to ten point »ta cent, ran business. Il day. and m there can be no doubt t r A. Beall; vice president, Ed- olume Thomas A. Mclntyre and . |of transactl a y ecretary and treasurer, S. L. | Guotations were entirely lost in the seeth. assistant secretary and |Ing turmoll of brokers and operators, fam H, Law | which surged over the floor of the Ex- he trustees of the company are hange and about every post all Charles P. Armstrong, Amzi B. Barbour, | The changes in prices bhetw Frank Brainard, Turner A. Beall, George | Up to one, two and ev re R. Bidwell, Charles A. Deshon, A. Goepel, | 00 the downword grade and - Edwin Gould, N. Irvine Keyser, Edward | covery. N R. Ladew, Henry A. McGee, W. Willis| After the close of the Exchange thers Merrill. J. W. Middendorf, Edward Maer, | WaS a4 meeting = of the Clearing-house John A. Hibley, John P.|members to consider further measures for M. Warner, John Skelton | Safety and relief. of Clearing F. C. Young and Thomas A. | house certificates was discussed, but the bank presidents would not be advisable meeting of the Clearing-h was called for 11 o'clock to a view of belng prepared case of further g zation In stocks a present decided \ IN WALL STREET 1!11{.[’“!* (n:" |P!<!l,hlll]l( the lo: ;m were | | confined to the lower grade Issues ieh Nearly Two Hundred Per Cent have been subject to Specaiation. - I he v e issues broug! or Offered for Loans Dur- e KA g R gency is as yet small This was a red letter day on the Cotton Exchange and oning for the bulls, who have practics! had full sway for several months. Pri ing the Day: W YORK, Dec. 18.—Panic conditions oped on the Stock Exchange this aft- erncon, with the imperative need of | hun fofy ey, for several months. Pr money developed by the violent contrac- | ment at the start. in sympathy with ¢ tion in values. Stocks were being thrown | two points loss in the English marke: over without the slightest regard (o the | But no sooner had the opening passci ce they woul d at distress than orders came from all quarters o price i would ring “"lqw}n":,:: € | cotton in great blacks. The faflure of tha ot values. No end P- | Produce Exchange Trust Company and nf ness of the situation seemed in slEBt | B CAton & o 1 Nea Rk when In the last half hour of the market | telling blows against the bulls A h some $10,000,000 was offered on the stock | slump in Orleans, a rapld fa the concerted action of the | Liverpool and a rise In money to a exchange by ring-house banks to | equal to 185 pe: the force rat cent caused prices to ] orators some weeks ago insisted | arbitrarily down to § per cent without re- [ e e Rt iaa. dkoe . f senera Jar } icade, of|for which generals ¢ : 3 TN 5 | gard to the distracting bidding at higher | (p o' 10 oo eaming to be to get rid h diers Charged With Rioting. General arton’s : brigade, 1‘; ' Ilmh .\c] er ]|1~ commanding upon des ribing as a small Imml-J rates which was being done by other | of enormous amounts of cotton accumu- . 5 1. Texas. Dec. 18 —Gove: | whose ing 1ing ha ce rigades, cc ols commandi e brokers for distressed operators. The | lated on the late protracted ris Cars ” S Aaptaiia o Tritas ek wiiose dolngs othing, g abeen I‘”'L BCes, mojones commanthngitidl ofifarmers, M».‘:uk“;.:: in the money rate checked the | Houses having extensive NP Cany ar g2 1o Raew Sent Sosio- | . faile car ay attalic : regi S ——— e s bears " stocks and securities were th s P rrender of Lieutenant Buer- | h(‘_a“L Ii“‘“‘, 10 catny Inhlawe | atfalions ind Tregiments, ?"‘l [ TROOPS TO BE R jdsaueinas :l,.‘;\':,‘u':.,‘:,"bk;.‘"(';;,l‘;’ S e | Rellers, ‘presumably for the purposs of . A, Sommissioned officers | Hjll, which is a position on the | majors and captains commanding | USHED | O e P nont as wiolent an the de. | better protecting interests on the Stock rioting, | | | . FROM MANY ding were almo ]x -1!4] ;\ llm a ~ Exchange. The South and West w aiso ( Sn. o s which took | > of "ugel: | eries a ympani 5 | clines established and the losses were by ge sellers, and futures went off thir: X iy . Me- | south "‘l‘|“1 the Tugela to the| 'auu'llcl‘ “‘v‘[!] o I';u”"'“ aacsren QUARTERS no means entirely retrieved. Large offer- | five points and over. Late In the da vy se | west of Colens: sponsible. e fficer is T cs of cks continued at the rally and | there was something o reaction on s - o | WESLioL Lo, 3 [SRORSIE ct opt _h offices "'[ NDON, Dec. 10-4:30 a. m.—The \\'ar‘ L'{ZJJ,.?‘;JJ‘J“L’: the st prices. broke profit-taking by shorts new e matter di- There is no further explana- a rule, especially in the early | Office has been tn communteation with | anew before the close, making the clos- | PUying for parties belie e N re ¥ ing for the sur- | ¥ t 2 ) )u"n"fl S5 "Willlam Toithars i th ;m vl Tl Bl | entitled to a .1‘-4 1ded closa 58 f the mer 3 § » loss arti ‘ > CF i Bl Gt 2 sockhard, comman- | ing exceedingly rgul, settled. s fairly steady, wi t erop . el [ tion of the loss of the artillery. It|part of the campaign, so keen to | qer in chief in Indin, with a view of as. } The excitement continued to the end, | bositions 23 to 2 point lower. " The 1 is saic - D ' 9 a is < 3 SO e certalning what troops can be spare: ¢ » king forward anxlously | far or new crop months were nine to . 5 PII_‘;!(r:ne:s”l;_!cl’.vt:re_x:hi}u.:{uei 3 is said that Colonel ],nn.;:. who ;:c! at his \.\nrk and so cager m: SO RIE Corcar st 1 b x‘..:.';.»r«'n.,..p"z;(:.‘: | “f:hn? lrefi,l,.l,;;tm':goz“u,,.,m.., day. ten points lowes. * Trading was Dy far the ' Lannes Molaren, the .-,..\,.,m"-l,(i‘m,,'," had been much blamed for tak- join in the issue at once with the | EEA result of these Inquirles a force will |- The ness of the crisis has called | heaviest In several days. é o «ORmitalttol - sl > it 0 A S s = | almost immediately leave Bomb: or | forth best efforts of powerful and = ; A T Demmitied, fulcide In San | ine his guns too near the Boers, | enemy that he is yery apt:to for- | Durban; including four regimanty <t are: | coreereative fAnsncial tateeste which are HENRY ALLEN & CO. = der the auspices of the Odd i“a( pmbahl_\' nbliged to do so. In [ soned troops, with an ammunition busy concerting measures to tide over the get or to hurry over the prelim- Prititsiesttsieititsieitsiesiedsisistodsdsdsdedodedededeiete Y inary precautionary measutes.” ‘ < +| “So much depends upon Lord| 1 : | Roberts and LLord Kitchener that 4 it is to be hoped,” says the Daily B 1| Mail, “that no further War Office + red tape and none of the jeal- . 5” » | ousies between generals that are )¢ ,“() ,:f:aid to exist there will tie the w’l ¢ | hands of the new chiefs. In the| * N"‘ T |important matter of artillery, if | ¢ 'Zl { the two men who go forth under | $ \\‘ _:’such immense national responsi- '\\‘ ¢+ | bility think it necessary that { ® | - 2 [\ they should have the best artiilery | b « | that England, America or Ger-| ! | many can provide, let them have | b S ii , and the Government should p ¢ |insist that Sir Michael Hicks- $ ; ) « | Beach shall be no longer allowed I.Ito further sacrifice officers and ¢ + | men in South Africa by his hope- § @ | less notions of imperial finance.” i % Many letters written to Lon- ¢/ don papers direct criticism . 1 against some departments of the ¢ ;' War Office and against Sir $ : Michael Hicks-Beach, General % | Buller and Lord Wolseley. In $ Where the Murderer-and His Victim Lived, 1| the eyes of many, Lord Wolseley ¢ Cabin in the Marin Hills, Showing Peter Lorraine Standing in the Door and James Dier on the Ground + is held responsible for n.‘laintain- Dutside. ; . ¢ |ing his position as commander QP R Bois it o Sl r Rt RSN 3 in chief for several years, know- col- and a brigade of artillery, including and fleld batterfes. Tt is hoped this force will reinforce General Buller within a month. Lord Chesham, commanding officer of the Royal Buckinghamshire Yeomanry, has been authorized to organize a force of 3000 yeomanry, who will proceed to the Cape. The yeomanry forces sent out will be drafted so as to work together with | the mounted infantry and mounted militia from Canada and Australia. It 1s understood that the volunteers se- lected will not form separate corps, but will join thelr linked battalions of the reg- ular forees In South Afric Throughout the country volunteers are responding with the utmost alacrity to the official notices. Lord Lonsdale says he believes the Government will only ac. cept from twenty to fifty men from each yeomanry regiment. It is asserted that many officers of the volunteer regiments are offering to go as troopers, If not ac- cepted as officers. he Times say editorially: “Lord Rob- | erts will have absolutely a free hand and may be expected to resume the origl plan of campalgn abandoned by General Buller under the necessity of relieving Ladysmith."” According to a dispatch from Cape Town General Sir Charles Warren and his staff have started for De Aar. This seems to indicate that the Fifth Division w be sent to reinforce Lord Methuen, a de- cision which will meet with general ap- proval, as the opinion Is almost every- where held that it would be usecless to waste any more time by frittering away men. between the various columns. The Morning Post, In a rather alarmist article, remarks upon the difficulty of a decision in such a cruclal matter, and says: ‘‘Besides three generals in the fleld, all of whom need to be reinforced. there is the rebellion in Cape Colony to be con- sidered. This makes four pressing calls on the Fifth Division. ‘Tne trouble s, who is to declde and on what principle?’ The Morning Post, reviewing the va- rious positions of the beleaguered com- manders and garrisons, asserts that the Cantinued on Second Paga money difficulties which beset the stock | market and which by reason of their ex- tent and the importance of the interests invol threaten to affect the ‘country’s business interests unless obstacles are op- posed. | "It is considered a point gained to have :cted a cessation of the ruthless sacri- SUSPEND BUSINESS Eelief That the Difficulties of the Firm May Be Only Temporary. fice of values 10ng enough for a perioa of | NEW YORK, Dec. 15—The suspension | constderation over night, for the seling | of the firm of Henry Allen & Co., bankers | of stocks had unquestionably reached tha | wp1 brokers, has A | stage where ordinary conslderations of | g0 By hang 2 Is not prudence or even of mecessity nad been [ SLOCK STUGRET. g | thrown to the wind, and ~the sufferers | PATEC O TS & SEON DOV IRe e | from the mone ency were- unload- | £5me ¢ jts customers to respond to cails ing the holdings in the true panic spirit. | ¢ H amnaty i of a few hours for consideration | poeeps 5 = ¥ in itself to do much tows - | known as an extensive ufying such condition. cale So far as ual news was conce Qew At the cffice ice of the firm it that the failu was was denied consequent suspersicn of the Produce Exchang Company. T Trust kers and bre e flgury firm consists of Henry A rs in stocks to an extent of some im. | |0 a2 Recton. The Neitber event In itssif ‘would | I and Réward 1. Norton. The opins ufficient to precipitate a crisis, | g B, POCE L T he firm but they were supplemented with a whole failed |:I the panic ¢ 18 b The labflities crop of wild and incoherent rumors whien | fafled in, the pan 83, spared no interest nowever powerful. | “ 0V 'WE ¢ o) janiivies - said | 1ong_established and hitherto free from S ek ’ \Lu'::'m-l..n it may have been. One would | '” D€ In the nelghborhood of $1,000,000. think from the done of some of the gossip that was floating about by telegraph, by phone and by messengers or by whis- | pers and_even by shouting.in the lobbies | of the Stock Exchange that the whote | financial fabrie had been undermined and about to tumble in ruins. Yet the uw' GROVER CLEVELAND STUCK IN MUD WHILE HUNTING NEW osed with the t¥vo fallurex above me. YORK. Dec. 18.—Former Pre tioned as the sum total of dizaster so far | dent Grover Cleveland is confined to his as admitted insolvency was concerned N. J.. with The reason for the widesnre P upon sentiment of the trust c suspensior was that it was one ing with number of sututions recently forme land prese similar 11 and which have thrived | was very cold and r 1 his rout upon the multiplying of securities inci- him over marshy land lying along Mill- dent to the Industrial combinations which | stone River . Several times Mr Cleelan have been a feature of the past year. The securities of these combinations s a class nave been in disfav | friends were able to help him out street for many weeks past—in fact, ever | a sportsman's point of view Mr since the headlong Inflation {n their prices | land was very successful and subsequent collapse last spring. The | number of disfavor which ttached to them in| While driving back Mr. Cleveland com- Wall street has been quite indiscriminate d of his foot paining him, and fm- and based upon many varying consid-ra- y went to bed on his return. D~ sank down In th and it was with some From Cleve- as he bagged a rabbits and some quall tons. The principal allegations aga nst | Wickoff, the family physician, was called them are overcapitalization, exorbitent | in and began treatment for rheumatism. prices paid for constituent property and | Although still confined to his bed, Mr. vulnerabliity to existing and threatened | Cieveland {s resting comfortably. Dr. legislation against combines. It is evi- | Wickoff sald yésterday that his patient’s dent that in so large a number of combin ations as have been made these alle tions can scarcely apply to all alike condition had greatly improved, and he thought Mr. Cleveland would be out 1z & few days . but

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