The Somerset County star. (Salisbury [i.e. Elk Lick], Pa.) 1891-1929, August 03, 1893, Image 6

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LATE TELEGRAPHIC JOTTINGS
ere
BOTH FROM HOME AND ABROAD.
A a ol
What is Going On the World Over.
Important Events Briefly Chronicled.
I
Financial and Commercial.
More BANKS ARE REOPENING.—The comp-
troller of the currency is advised that the
Hutchinson national bank of Hutchinson,
Xan., which failed sometime ago, is pre:
paring to resume business. The First Na-
tional Bank of Cisco, Tex., which suspend-
ed, has been permitted to reopen its doors.
Business men of Pueblo, Col., declared
their faith in Colorado's business stability
and denounced the intemperate language of
the rabid silverites.
Parkhust & Wilkinson,
Chicago, assigned. Assets
$1,000,000.
Ripley & Bronson, jiron merchants, St.
Louis, sesigned. assets $150,000; liabilities
about the same.
The suspended Queen City Ban¥, Buffalo,
N.Y., will resume business the first week of
August with a capital reduced to £300,000.
At Findlay, O., the Farmers National
Bank closed its doors. Depositors will be
paid in full.
The J. Oberman Brewing Company,
waukee, assigned.
iron merchants,
estimated at
Mil.
The bank panic at Milwaukee is over.
Financial disturbances at Louisville, Kv.,
are over. In the banks every depositor who
wanted his money got it. Some of the sus-
pended banks, it is said, will soon resume.
At Lacrosse, Wis., the private bank of
John Dienlokken has closed its doors.
At Portage, Wis.. the German Exchange
Bank has tailed,
At Helena, Mont., the First National bank
and the Montana National bank suspended.
Both has ample assets and will pay in full.
At Middlesborough, Ky., the first Nation-
al Bank has closed its doors.
At Portland, Ore., the Oregon National
Bank and the Northwest Loan and Trust
Company suspended.
At Spokane, Wash., the First National
Bank, paid up capital $200,000, and the
Spokane Savings Bank, its dependent, ter--
porarily suspended.
At Portage, Wis., the City Bank closed its
doors.
At Mt. Sterling, Ky., the Farmers’ bank
closed its doors.
—
Capital. L.aber and Industrial,
The Vermont Marble Co., Rutland, Vt.,
the largest marble concern in the world,
will reduce the wages of its 2000 employes
15 per cent. August 1.
Mason & Hamlin's organ and piano fac-
tory at Cambridge, Mass. has shat down for
three wee:s owing to the dull business.
The Middletown Plate Company of Middle:
town,Conn., which has been shut down two
weeks, has started up with ninety hands,
half the former number, A cutin wages
of 10 per cent has been made.
From Ellis Island, N. Y.. 39 contract
laborers were sent to the steamships Trave
and Moravia, to be returned whence they
came.
At Terra Haute. Ind., the failure of H. M.
Benjamin, of Milwaukee has caused the
shut-down of the Norton Creek Coal and
Mining Company, Vermillion county, throw-
ing 600 miners out of work.
The extensive woolen mills of Scatchard
Brothers, of Philadelphia, which have been
giving employment to about 250 hands, have
shut down indefinitely owing to the depres-
sion in trade.
At Lewiston, Me., the Bales mill will shut
down August 5 for five weeks... The mill
ewploys 1,800 people, with a monthly pay
roll of $120,000.
Massachusetts jewelry manufacturers,
owing to lack of orders, are proposing a
shut down until September 1, which would
throw 6,000 persons out of work.
At Waltham, Mass., commencing August
7, one-half the employes of the American
Waltham watch company will be laid off.
The Waltham company employs 3,000
people.
New Jersey thread companies are reduc-
ing hours of labor, with corresponding re-
duction in pay.
At Yonkers, N, Y., Alexander Smith &
Bons carpet mills, employing 5,000 bands
and producing 22 miles of carpet a day, have
shut down.
i
Cholera Advices
ATHENs—Five cases of cholera and two
deaths from the disease have occurred at
Bmyria, Asia Minor. All vessels from
Bmyria will be subject to eleven days quar-
antine.
Rome—Notwithstanding the official de-
nials cholera 1s prevailing in Alessandria,
capital of the province of Alessandria in
Piedmont. Many causes have been reported
there. and new cases are occurring daily.
Cages are reported in other sections of Pied.
wont.
Moscow.—There ig an average of 10 new
casez of cholera and 6 deaths from the
diseasc ia this city daily.
The Portuguese government has declared
Naples and all the ports of Senegal to be in-
fected with cholera, and all the ports be-
tween Guae |}, 40 miles northwest “of Naples
and Salermy, 33 miies southeast of Naples,
to be suspected of infection.
ONLY CHOLERA MORBUS AT CHFSTEP -—Dr,
Benjamin Lee, secretary of the State Board
of Health, sent Medical Inspector Dr.
Atkinson to Chester to investigate the death
of the Austrian workman who died there
from what was reported Asiatic cholera.
Dr. Atkinson made a thorough investiga-
uon of the case, and found that the man
died from aggravated choiera morbus.
A workingman named Prinz was stricken
with cholera in the street at Hamburg. He
was taken to a hospital.
ll eins
Washington Newa,
The pension bureau has prepared an esti-
mate of the divisions of the appropriation
provided av the last session for the support
of the pension service during the fiscal year
just begun. The amountof the appropria-
lion was ¥166.180.565. The appropriation
E166,180,565 has been divided into the 1o0i-
lowing payments: For army pensions, $161, -
' fees of examining surgeons, £1,000.000; for
. for salaries of agen's $72,000; for clerk hire
| pension agencies, $407,000; rents, pen-ion
agencies, $22.850; fuel and light, pension
agencies, §1,500; contingent expenses, pen-
a
Crime and Pennltiea,
Cashier Loman, of the failed First Na-
tional Bank of Vernon, Tex., shot and kiil
2d himself.
The Schmous inquest was concluded at
Pittsburg, and George Schmous was com-
mitted to jail by the Coroner to answer the
sharge of killing his wife and children. On
the head and face of Mrs. Schmous 12 dis-
tinct wounds were found, on the elder girl,
Maggie, five, and on the 2 year old Mary,
two. Death was caused in each case by the
blows making these wounds, and the physi-
cians testified that the blood stained ham-
said that he knew nothing about it, but
when he reached the jail door he broke
down. He trembled nervously, and tears
filled his eves as he cried out: “1 couldn’t
help it; she made me do it.”
Stet
Crops.
Reports from all the western half of the
State of Kansas are that the corn has been
£0 badly damaged by hot winds that no
amount of rain can now do t much good.
BEYOND OUR BORDERS.
Advices from Hong Kong, give details of
a terrible explosion at the Government
jowder magazine at Canton on June 24,
which killed many persons, injuring over
300 people and wrecking 400 houses.
News has been received at Hong Kong
that the Spanish steamer San Juan, loaded
with kerosene, which sailed June 29 for Am-
oy and Manilla, was destroyed by fire. Out
of 250 people on board only 2) were saved.
Seven persons were drowned by the sins-
ing of the steamer Pearl off North Rock,
County Down, Ireland, after it was runinto
by an unknown steamer.
—— tira
LATER NEWS WAIFS,
CAPITAL AND LABOR.
At Burrillsville, R. I., the following mille
have closed: A.L. Sales& Sons, Arnold &
Perkins, Job F. Fiske, Jr., W. A. Inman,
Wm. Tinkham & Co, J. D. Nichols & Sons.
The Weekamoc mill, Fall River, Mass,
will shut down four weeks in August. The
Tremont and Suffolk mills, Lowell, Mass.,
have begun to operate half time.
In Maine theYork mills in Saco will shut
down five weeks in accord with an agree-
ment made by all the New England c>ilon
mills.
The Bethlehem (Pa.) Iron Company's
steel mill have resumed operations in full
blast after an idleness of a month. The
mill is the only industry there that has
been idle this summer.
A 10 per cent. reduction in the structural
department of the Illinois steel works at
Chicago has gone into effect.
The large carpet mills of Smith & Sons,
of Yonkers, N. Y., shut down several days
ago. have resumed operations half time.
It is stated that the American Tube and
Iron Works, at Middletown, Pa., will resume
operations in a few days.
a
FINANCIAL AND COMMERCIAL.
At Portland, Ore., the Union Banking
Company suspended.
At Ellensburg, Wash,,
National bank suspended.
At Chamberlain, D. N., the Chamberlain
National Bank failed.
At Sparta, Wis, the M. A. Thayer bank
and the Bank of Sparta, both supposed to be
solvent, closed Thursday.
At Great Falle, Mont., the First National
bank, with a capital of $200,00), suspended.
—_—
the Ellensburg
CRIMES AND PENALTIES,
Jim Courtney was hanged at Waycross,
Ga., for killing his room mate, Jack Smith,
last April, over a game of cards.
A white man named Davis returned from
the Ohio penitentiary to his home in Cleve-
land and found his wife living with a col-
ored man. A free for all fight followed in
which James Clifford, white, was killed and
Davis mortally wounded.
>i
DISASTERS, ACCIDENTS AND FATALITIES.
A cloudburst at Pueblo, Col. resulted in
the death of seven persons and a loss of
$250,000.
Special dispatches from Medford, Prentice
Junction, and Fifield. Wis., saythose towns
have been destroyed by forest fires. Med-
ford has a population of 1,800, Prentice 1,500
and Fifield 1,000.
—————
WASHINGTON,
Col. Ainsworth and the others recently
indicted for manslaughter in connection
with the Ford's Theater disaster will be
tried in October.
The President has issued a proclamation
including Portugal within the benefits of
the International Copyright Act.
FIRES.
The L. H. Harris Drug Company's store
at Pittsburg, Pa,, was destroyed by fire.
The loss to the owners of the buildings and
by the two drug firms will approximate
£125,000,
ASUMMARY OF BANK FAILURES
The Pacific Coast and the West Are the
Greatest Losers.
A summary of the bank failures in the
United States,from May 1 to July 22, inclu-
sive shows that 31 banking institutions,
with a capital of $38,951,033, suspended.
The Baltimore, (Md,) “Manufacturers’ Rec-
ord’’ publishes a complete list of the closed
banks by States, with a table showing that
five-sixths of the failures and four-fifths of
the capital involved were in the Western
and Pacific States, while only 10 per cent of
the failures and 11 per cent of the capital
involved were in the south.
In Colorado alone the capital involved
was nearly $2,000 000 greater than the ag-
gregate capital of all the banks that failed
in the South. The number of failures in
the Southern States was 37, involving #$4,-
392,100; in the Western and Pacific States
the number was 251, involving $31,258,933
and in the Eastern and Northern States 13,
with 2,600,000 capital.
—TuE State of Chihuahua, Mexico, vn the
Rio Grande border, has passed a law which
provides that anyone caught in the act of
stealing cattle shall beshot on the spot, and
that the death penalty shall be inflicted
upon all convicted cattle thieves.
000,000; for navy pensions. $3,610,215; lor
mer would produce such wounds. Schmous |
|THE WAR CLOUD DISPELLED
—————
! SIAM CONCEDES EVERYTHING.
| Soro
{ Bhe Accedes' to'"All the Requests in
France's Ultimatum. The Ceded
Territory.
1
--—
An official dispatch from Bangkok says:
| The Siamess government has accepted the
| full ierms of the French u:timatum. With
' the acceptance of the ultimatum by the
Siamese government the war cloud in the
| East will, of course, pass over.
While the government of Siam accepted
without reservations France's ultimatum.
it received previously the assurance thatthe
Kingdom would not be dismembered until
after the consideration by all powers con-
cerned of France's demand for the territory
between the 18th and 23d parallels.
The Cabinet Council at which the deci-
sion to grant all demands of krance’'s ulti-
matum was made was called at; the royal
palace yesterday morning. The King pre-
| sided. ~ His two brothers and all the Minis-
ters were present. After sifting several
hours the council approved the views of the
peace party. Instructions were then tele-
raphed to Prince Vadhana, Sianese
Minister to Paris, that the Government
accepted the ultimatum, regardless of all
reservations previously formulated. Capt.
Jones, British Minister in Bangkok, was
notified immediately of the council's deci-
sion.
The substance of the ultimatum was as
follows:
1—A recognition of the rights of Annam
and Cambodia on the left or eastern bank
of the Mekong river as far north as the 23d
parallel of latitude.
2—The evacuation within a month of the
forts held by the Siamese on the east bank
of the river. :
3—Full satisfaction for various Siamese
aggressions agai st French shipsand French
sailors on the Menam river.
4—The punishment of the culprits and
provision for the pecuniary indemnity of
the victims.
5—An indemnity of 2,000,000 francs for
various damages sustained by Freneh [sub-
jects.
! 6—The immediate deposit of 3,000.060
francs to guarantee the payment of the
fourth and fifth claims, or the assignment
| of the taxes in certain districts in lien of
| the deposit of 3,000,000 francs.
THE CEDED TERRITORY.
The region in dispute was a tract irregu-
larly bounded on the west and south by the
convolutions of the Mekong. It comprises
the northern states of the Laos group, the
chief of which is Luang Phrabang. The
Shans and the Laos are one and the same
people and both are closely akin to the Sia-
mese. Of this race there are two main di-
visions, ‘the ‘White Paunch’’ and the
“Black Paunch,” Laos, so called from the
habit of tattooing a black pattern on ‘he
stomach. They are a historical people, who
were formerly in an ancient and powerful
kingdom. whose capital, Vinh-Khianh, was
taken and distroyed by the Siamese about
the year 1828. Since then they have been
subject to Siam, and are governed by the
mandarins appointed by the Siamese gov-
ernment and by khiao, or hereditary
princes.
The Laos are a mixed race, the original
race having emigrated into the country and
intermarried with its aborigines, the Khas,
They have also mingled with the Bolovens,
Thehs, Redehs and Sin, and the resulting
people present every type of Mongolian.
hose who have preserved the purity of the
original blood in any degree are, however,
easily distinguished from the mixed lower
classes by their high cheek bones, small
flat nose, oblique eyes, wide mouth, long,
black hair, sparse beard. They are a semi-
civilized people, settled in mall towns and
villages, and engaged chiefly in agriculture.
Next to agriculture, the manufacture of
cheap silk and cotton fabrics is their chief
employment. They have long established
traaing relations with China, Burmah and
Cambodia, with which countries their ivory.
gold dust, tin, gums, etc., are bartered for
opium, hardware and porcelain.
Buddhism is their religion, ora form of
it. More, perhaps. than to Buddha their
worship is directed by various genii. such
as the wood demons, who hold sway in the
jungle, the fear demons, who busy them-
selves with frightening folks by means of
horrid shapes or sounds, the malignant
demons, who cause all manner of diseases
and the tutelary demons, or guardian angels
who give them protection from ill. To
these last an altar is erected in every house.
on which are offered wax tapers, Ti e,
sandalwood and copious libations of arrack.
Within the last few years ‘some very
flourishing missions have been established
in the territory by the American Presby-
terian church.
Many travelers have expressed favorable
opinions of the people of Laos, saying that
they are peaceful, patient, sober and honest.
In these respects they resemble closely the
Siamese. They are said, too, to have an
especial horror of stealing and one of their
kings is said to have had thieves boiled in
oil Slavery is an institution to which they
are devoted, Now znd then the mandarins
organize regular expeditions against the
wild tribes, just as the Arabs do in Africa
and whole villages are taken into captivity.
But of these captives, as of the tlaves in
Siam proper, it may at least be said that
they are treated kindly.
I'be wages of the common laborer in Laos
range from $3 to 85 per month, It is dan-
gerous to know too much in Laos, Skilled
mechanical work is done by men drafted by
the government or by prisoners. These
drafted men get very little for their servic s
oe perkaps receive 10 rupees for a, year's
Or.
INTERNAL REVENUE REPORT.
It Shows an Increase of 87,145,000 in
Total Collections and of $2,033,053
in Sugar Bounties.
Commissioner Miller has submitted to
Secretary Carlisle, at Washington, a pre-
liminary report of the operations of the
Internal Revenue Bureau for the fiscal year.
The total collections from all sources of in-
ternal revenue were $161,002000, an in-
crease of $7,145,000. The percentage of cost
of collection was 2.62, as compared with 2.80
of the year 1892.
The sources of internal revenue were:
Spirits, $34,720,00), an increase over the
previous year of $3,410,000; tobacco, $31,889,-
000, an increase of $889.000; fermented
liquors, $32,548,000, an increase of $1,511,000;
oleomargarine. $1.670,000, an increase of
$404,000 and miscellaneous, $173.000, , a ,de-
crease of $70,000.
The sum of $9,375,130 has been paid as
sugar bounty during the vear as follows:On
cane sugar— Louisiana, $8,084,865; Texas,
$174,943; Florida, #3960; Mississippi, $60;
total. $8,763.83); on beet sugar—Cualifornia,
£425, ; Nebras a, £76,170; Utah &29 470;
total, $531,303. Sorghum sugar—Kansas
19,798: Minneso!a, £19; total, $19 £817, On
sugur—Maine, New Hampshire, #£1..
127: Vermont, $36,255; New York, $£11.703;
Pennsyivama, £4,234; Maryland, $2131;
West Virginia, §153; Ohio, $3,501; Michigan,
£2,919; Minnesota, $49; Iowan, $11; total,
$60,119. The total paid in sugar bounties
intwo years was $16,717,208. The increase
this year over last year is $2,033,053.
Base Ball Record.
The following table shows the standing of
the diflerent base ball clubs up to date:
W. L. Pct. Ww.
Boston.... 53 27 .663|Cincin’ti.. 37
| Philadel’a 49 29 .628/St. Louis.. 36
Pittsburg. 46 32 .590/Chicago... 33
Clevel’nd. 41 31 .569 Baltimore 33
Brooklyn. 40 38 .513 Wash’n... 31
} New York 37 41 .474|Louisv’le. 25
COLUMBAN FAIR NEWS TEMS NOT SO BAD JS. BEPORTED
elim
A SUNDAY FAIR PROBABLE.
DIRECTORS FEAR STEIN § INJUNCTION PENDING
THE HEARING.
Everything points to opengates for the
World's Feir again on Sunday. It is not
believed the directors feel warranted in vio-
lating Judge Stein's injunction during the
pendency of the Clingman hearing.
JudgeStein’s citation to appear in response
to contempt proceedings was answered Fri-
day morning by Director General Davis, and
with few exceptions, the members of the
(ouncil of administration and Directory of
the World’s Columbian Exposition. The
respondents appeared in court under a rule
to show cause why they were actingin vio-
lation of the Clinginan injunction fby clos-
ing the World's Fair Gates on Sunday. Ex-
Judge Sidney Smith submitted the answer
of Director General Davis and Lawyer
Eddy, one for the Council of Admintstra-
tion and one for the Directory. Neither of
the documents were read, but all were re-
ceived and filed without material sugges-
tions. Jndge Stein then asked Attorney
Musson, representing Clingman, if he had
beenduly served with copies of the angwers.
Upon his replying in the negative the court
gave him until Monday morning at 9:30
o'clock to formulate his reply, until which
time proceedings were adjourned.
Director General Davis's answer told court
that. as the head of the World’s Columbian
Exposition Company he had simply carried
out the requirements of the Council of Ad~
ministration and the Directory.
The response of the council of adminis-
tration set up generally that the vigorous
opposition to opening the Fair gates which
sprang up throughout the country made it
desirable that they be closed; that on last
Saturday the members found themselves
confronted by the old rule closing the gates,
which they believed to be still in force.
Counse! was sent for and Lawyer Eddy gave
it as his opinion that the injunction bill
had been so radically amended as to render
it invalid. The gates on this advice were
ordered closed.
SI
THE FAIR GROUNDS DESERTED.
THE COMPULSORY SUNDAY OPENING A FAILURE
IN POINT OF ATTENDANCE IN SPITE OF
GOOD WEATHER.
The world's fair wes open to the public on
Sunday, that is the gates were open, but
they might about as well have been closed, for
the public did not seem to take advantage
of the fact. Notsinc: the fair was open
has the attendance been so light as it was
on Sunday. The grounds and Midway
plaisance were all practically deserted. The
attendance up to 3 o'clock, including em-
ployes and concessioners, was scarcely 10,-
000°and the officials at the bureau of admis-
sions did not think the total of the entire
day and evening would run over 12,000. if
that many. The weather was delightful.
The grounds had much’the same appear-
ance as they had last Sunday, when the
gates were closed. Nearly all the state
buildings were closed and 80 were many of
the structures containing exhibits. In the
buildings that open a large portion of the
exhibits were covered. All the restaurants,
cigar stands and ¢érinking water fountains
were closed. There was no attempt on the
part of the management to make things at-
tractive to visitors. There was no music
nor attraction of any variety beyond the
beauty and grandeur of the white city
itself. There were no religious exercises,
and many of the shows along the Midway
plaisence had placards tacked up announc-
ing that there would be no performance.
ae
CLINGMAN PUSHING HIS CASE,
The case of Charles W, Clingman va, the
World's Columbian Exposition company
was called in Judge Stein's court on Tues:
day morning, and upon statements by the
attorneys the Court issued an ,order requir-
ing the officers and directors of the fair who
have been notified of the injuction closing
the fair to appear and show cause why they
should not be punished for contempt of
court, Arguments will be heard in a few
days.
FAILURE OF THE SUNDAY FAIR.
The paid admissions to the World's Fair
grounds on Sunday were 18,637.
ig EA
—WoymEN will be interested to know that
the authorities of Texas, having been pro-
hibited by constitutional enactment from
providing funds for erecting a State build-
ng, or for any similar purpose, the men of
the State proposed te raise sufficient money
to put up a building. Their ettort, however,
was fruitless; the women came to the rescue
and by their determination raised $35,000
and erected and furnished for Texas one
of the most handsome and convenient State
buildings that can be found in the White
City.
—SiBERIA celebrated its forty-seventh an-
niversary of independence Thursday b
dedicating its pavilion in Agricultural build-
ing.
—Tur Dairy Kitchen, Hotel and Restau-
rant, at State and Madison streets was closed
by the Sheriff Saturday afternoon.
—TaE paid admissions at the
Fair yn Wednesday were 91,945,
—FIrrEEN educational congresses were in
session on Thursday.
World's
MISSIONARIES MURDERED.
A Chinese Mob of Fanatics Commit an
Awful Crime.
The steamship Empress of China arrived
at Vancouver, B. C., with news of the
murder of two Swedish missionaries by
Chinese fanatics at Sing Pu. Revs. Wikholmn
and Johnson, the missionaries, arrived in
Sing Pu last April and were the only
missionaries there. Sing Puis an import-
ant market place northeast of Hankow and
contains about 30,000 inhabitants. They
made no converts, but on the contrary their
lives were in danger almost from the start.
They were warned by servants they would
be killed July 1, but took no precautions
except to send a letter to a magistrate de
manding protection.
Early in the morning of July 1their house
was surrounded by a mob composed of
loafers, tradesmen and scholars, who clam-
ored for their blood. Stones werethrown at
the house and the windows battered in un-
til the missionaries could no longer remain
indoors. They attempted to escape over
the roofs of houses, but were followed by
the mob. Finally they could go no farther,
and dropped into the hands of the mob.
Their sufferings were short. Wlkholm’s
skull was smashed with an ax, and Mr.
Johnson was speedily beaten out of all
semblance to human shdpe by bamboo rods
andiron bars. The bodies were stripped
naked, subjected to revolting mutilations
and left on the street for dogs to eat. The
mob then looted and burned the mission-
aries’ houses.
Two missionaries from Hankow in com-
pany with « mandarin and soldiers left for
Sing Pu on July 4 to investigate the matter
and recover the bodies.
MILLIONS TO BESAVED.
100,000 Pensions ‘Will be Suspended--
Nearly 90 Per Cent. Likely to Be
Terminated.
Asthe result of the examination now be-
ing made of the pension cases allowed by
Commissioner Raum under his interprela-
tion of the act of July 27, 1890, 100,000 pen-
sions will be sus; ended.
Of this enormous number it is probable
that nearly 90 per cent. will, upon further
investigation and in default of new evidence
be dropped from the rolls, involving an
annual saving to the Government of more
than $11,500,000,
|
1
|
|
i
NATIONAL BANK FAILURES
rn
Greatly Exaggerated. Comptroller Ec
kels Issues an Official Statement,
Which Inspires Confidence.
Pennsylvania’s Good
Report.
Bt
«Re~ent dispatches have appeared in the
newspapers,’ said Comptroller of the Cur-
rency Eckels to a reporter on Friday, at
Washington, “that since January 1, 1893,
200 national banks have failed, the follow:
ing statement has been prepared that the
public may be properly informed. Instead
of 200 having closed their doors, but 105
have gone into the hands of the comptroller
of the currency. Fourteen of this number
have already resumed business under favor-
able conditions and are possessed of the con-
fidence of the communities where located,
and during the ensuing week it is expected
| several others will have complied with the
|
requirements of the comptroller and reopen-
ed, while prior to September 1 an equal
number will resume.
“Out of the total of 105 closed but 37 have
gone into the hands of receivers, the balance
either having reopened or are still in the
hands of the examiners with strong pros-
pects of reopening. Five of the 105 banks
are capitalized in the amount of $1,000,000
each, 1 at $600,000, 6 at $50 ,010, 36 at &59,-
000, and the remaining at $300,000. $250,000,
$100,000 and less, but all at more than
$50,000. the greater number, however.being
from £200,000 to $150,000. By geograpical
sections the iailures are distributed as
follows: New England states, 2; eastern
states, 1; middle and Mississippi valley
states, 15; northwestern states. 6; western
states, 55; southern states, 25.
The statement then goes on to show the
number of national banks in operation in
all the States, which is 3,785, of which 397
are in Pennsylvania, 241 in Ohio and 30 in
West Virginia. There has been no failure
in Pennsylvania nor in West Virginia, and
but 2 in Ohio. The statement continues:
“It is further worthy of note that no
national banks have failed in Boston,
Brooklyn, Philadelphia, Pittsburg, Baltimore
Washington, Buffalo, Cincinnati, St. Louis,
New Orleans, Sun Francisco, Minneapolis,
St. Paul and numbers of other great com-
mercial centers, and that but one has closed
in New York, two in Chicago and one in
Milwaukee. The cause of the failures in
New Yor and Chicago were due large'y to
mismanagement,as were numbers of others.
Local scares have caused many of late to
suspend. Nine of the banks failed were
robbed by officials who are now under
arrest.”
THE RETURNING GOLD. ;
The large orders said to have been given
by New York finaucial houses for gold
abroad to be imported into the country are
regarded at the treasury departinent as a
favorable symptom of returning confidence.
Gold in considerable quantities is also ,com-
ing bere from the West Indies, From
present indications the gold in the treasury
will soon pas §100,000,000. It is to-day
$97,560,000 When the $100,000,00) is pass-
ed the treasury will again resume the is-
suance of gold certificates which by Jaw had
to be suspended when the treasury gold was
reduced below £100,000,000. .
The gold certificates now outstanding
aggregate $89,000,000, whith is an unusually
gmail quantity for the treasury to have.
The department, however. shows little or
no interest whether the gold is £100,000,000
or $175,000,000 as it is the policy of Secretary
Carlisle to use the gold on hand the samess
he does currency in meeting the ob.igations
of the treasury. So far for several months
past the gold reserve has heen u eated as
available cash. On this basis the available
cash in the treasury to day is $122,000,000.
BUSINESS HOLDS UP.
Soundness and Strength Shown in the
Commercial World Despite the
Failures and Flurries of the
Week.
R. G. Cun & Co.'s “Weekly Review of
Trade’’ says:
The hardest weet has left the business
world still able to rejoice in the soundness
and strength disclosed. Prices of stocks
were greatly depressed Tuesday and Wed-
nesdy, closing lower than any other day
since January, 1879. The fall on Wednes-
day averaged over $2 per share, and yet
only two failures resulted. and those were
of brokers not especially important. A
sharp rally followed on Thursday
buying from London by shorts, and espe-
cially significant buying by small investors.
No bank here or at other Eastern cities,
and no Eastern firms of large importance
have gone down, but numerous banks failed
at the West, including some of high repute
and large business, The Erie ratiroad was
again placed in the hands of a re.iiver,
though tor eight months of the fiscal year
the net earnings of the company had beca
larger than last year, and earnings of roads
reporting are generally close to last vear.
The money market became excitingly
stringent again with the depression in stocks
ani the drain to assist other cities has been
very heavy, but throngh ail the strain the
banks of New York have passed without
troublc,and imports of gold have commenc-
ed.
From $2,000,000 to $2,000,000 in money
has been sent West everyday and a large
decrease in bank reserves is expected,as the
Treasurer has not been disbursing heavily.
Few commercial loans have been negotiated
and at high rates, At other cities the money
markets have bean quite close, but bank
failures at Milwaukee, Indianapolis and
Louisville have caused less disturbance than
might have been'feared. The Treasury pur-
chases silver sparingly and the exports of
the metal have been pipe, Exchanges be-
tween this city and Philadelphia have been
especially disturbed, but banks of the latter
city continue to supply customers as well
as they can. Chicago has drawn heavily on
New York, but in that and other cities
bank statements indicate creditable sound-
ness,
Grain rose bristly on Monday, but all
speculative markets yielded a little when
t.ght money and the slaughter of stocks
came.
The failures during the past week num-
ber 386 in the United States. against 171 last
vear, and 23 in Canada. against 23 last year.
Itis noteworthy that only three faili=es
were of cepital above $200,000 cach, aud
only 99 of over £5,000 each. Over 50 banks
stopped during the week, but nearly ail
were in the West. Last week thefailures in
the United States numbered 457 and the
previous week 374.
THE BUSINESS BAROMETER.
Bank clearings totals for ithe week ending
July 27, as telegraphed to Bradstrees, are
as follows :
New York.. §515,247,948 D 35.8
Boston ....- .» 81,341,998 7.0
ChICAZO ss: sc cinnisaonris os ! 22.6
Philadelphia 10.:
LD 40.6
Pittsburg...» vs vricisisers 9.3
Baltimore.... z 2
San Francisco 644 D 2 5
Cinecipnati............-. 205 D 20.8
Cleveland ............ 0.0. 5,158,800 Id 11.7
Totals. U. S 887,988,508 D 10.7
Exclusive of N 372,740,560 1 16.5
1 indicates increase, D decrease.
eee ere ——
—AN unknown enthusiast nearly suc-
ceeded in stealing some $10,000 worth of
stamps from the National Philatelic Asso
ciation’s exhibit in the World’s Fair Feder.
al building.
wit’
RAILROAD BTATISTICS.
. Eome Interesting Figures From ‘‘Poor’s
Railroad Manual.”
The twenty-sixth annual number has
just been issued of “‘Poor’s Railioad Man-
ual,” for many'years the recognized author-
ity on matters pertaining to railroad cor-
porations. A summary of the o; erations of
the various companies during the fiscal
veaes reported is presented in the introduc-
tion, and a comparison made with the
operations of previous years since 1886.
= The total length of track completed up to
the close of the fiscal vears of the respective
companies was 171,866 miles, and the opera-
tions are reported of 170,607 miles,exclusive
of the elevated railroads. The total traffic
revenue, including the elevated railroads
(13,414.925), was #1,205,272.023. and net
638.520 The total available revenue
was $473,258.063, an excess over actual pay-
ments of 55,396. 363. The capital stock per
mile of completed road has decreased %from
£29,935 in 18806 to $28,680 1n 1892, while the
bonded indebtedness per mile has increased
in the same time from $25,062 to $31,845.
The earnings per passenger mile have de-
creased from 2.194 centsin 1886 to 2.143 in
1892, and the railroads received only 0,967
per ton per mile on freight last year in place
of 1,042 cents in 1»86. The averauze disiance
per passenger was 23.79 miles against 25.27
miles in 1886, and the average haul r ton
was 112.70 against 109.49 miles in 1886. The
interests and dividends paid on the bonds,
stock and debt amounted to 3.01 per cent in
1892 against 3.26 per cent in 1886.
Her Memory Was Strengthened.
A woman who has had a great deal
of trouble with her servants also has
what she calls a “humorous husband.”
The last table maid this woman
hired was a six-foot, auburn-haired
Nova Scotian. She was very satis-
factory, except for the fact that in
setting the table she would invari-
ably omit to place the salt thereon.
So one day the head of the house,
being weary of ordering the same
thing every day, called the girl and
said: “Christie, will you get the
stepladder?” It was- brought into
the dining room. “Please pu{ it
against the wall and climb up on it.”
The girl, wondering, obeyed, and
stood looking down over hershoulder
at her employer. “Now, Christie,
please look all over the table,” said
he, “and see if you can see any salt.”
The salt was not forgotten again. —
Boston Record.
MARKETS.
PITTSBURG.
THE WHOLESALE PRICES ARE GIVEN BELOW,
GRAIN, FLOUR AND FEED.
WHEAT—No. 1 Red....... $§ 6T@$ 68
No.2Red................ 65 66
CORN—No. 2 Yellow ear... 50 51
High Mixed ear..... . 48 49
No. 2 Yellow Shelled...... 45 46
Shelled Mixed...... 42 43
OATS—No. 1 White....... . 38 39
Ne 2 White.............. 37 38
No.3 White............ .e 35 36
Mixed, coeur cieisre vanes 34 35
RYE—Ne. } .............. 60 61
No. 2 Western, New...... 57 58
FLOUR—Fancy winter pat 4 00 425
Fancy Spring patents..... 4 20 4 45
Fancy Straight winter... 3 65 3 90
XXX Bakers...... 3 00 325
Rye Flour... .. soeceevesess 3 50 3175
HAY—Baled No. 1 Tim’y.. 16 75 17 00
Baled No. 2 Timothy..... 15 00 15 50
Mixed Clover. ............ 12 00 13 00
Timothy from country... 19 00 22 00
STRAW — Wheat...... .... 6 50 7 00
Oate,. ,..... raisins 7 50 8 00
FEED—No.1 Wh Md # 18 00
Brown Middlings..... 15 00
Bran, bulk....... hes ransees 16 00
DATRY PRODUCTS.
BUTTER— Elgin Creamery 23 25
Fancy Creamery......... 17 14
Fancy country roll...... . 12 13
Low grade & cooking.... 8 10
CHEESE—Ohio fall make.. 9 10
New York Goshen 9 10
Wisconsin Swiss....... .. 14 15
Limburger (Fall make)... 11 12
FRUIT AND VEGETABLES.
APPLES—Fancy, # bbl... 325 3 50
Fair to choice, ¥ bbl.. 27 3 00
BEANS—
NY & M(new)Beans®bbl 2 00 210
Lima Beans,.......c..... 4
POTATOES—
Fancy Rose....... Fh. 225 2 50
Choice Rose. .............. 150 175
Sweet, per bb.... ......... 4 00
POULTRY ETC. ”
DRESSED CHICKENS—
Spring chickens @ lb..... 16 17
Dressed ducks $1b....... 10 11
Dressed turkeys # ..... 15 16
LIVE CHICKKNS—
Spring chickens........... 30 50
Live chickens @ pr....... 70 75
Live Ducks § pr......... 50 55
Live Turkeys EN tes eaes 6 7
EGGS—Pa & Ohio fresh. ... 14 15
FEATHERS—
Extra live Geese # ..... 55 60
No 1 Extra live geese® 1b 48 50
Mixed io... 00 einen 25 35
MISCELLANIOUS.
TALLOW—Country, gb... 4 5
CHY ee oii on, cee 4 5
SEEDS—Clover.............. 8 25 8 50
Timothy prime.......... 2 10 220
Blue grass............... » 140 170
RAGS—Country mixed .... 1
dONEY—White clover.... 17 18
Buckwhest............... 10 12
MAPLE SYRUP. new crop. 60 1 00
CIDER—country sweet®bbl 5 0) 5 50
BERRIES—per quart
Blackberries ......... 9 11
Raspberries black.... 10 11
se red. .... 13 15
Huckleberries........ 9 10
Gooseberries . ....... 7 8
Cherriex.......... bs 8 i
LOHR CINCINNATI.
m= $2 20@ $3 10
WHEAT—No. 2 Red. , 56 57
RYE-—No. 2 50
41 42
3i 32
10
17 22
FLOUR .cocsivesencranein $2 70@ $4 25
WHEAT—No. 2. Red....... 61 68
CORN—No. 2, Mixed. - 46 47
OATS—No. 2, White. ....... 39 40
BUTTER—Creamery Extra. 21 25
EGGS—Pa., Firsts.......... 15 16
NEW YORK.
FIOUR—Patents............ 200 4 60
WHEAT-—No 2 Red. 69 70
RYE—Western . 55 57
COBRN—No. 2............... 47 48
OATS—Mixed Western..... 36 37
BUTTER—Creamery........ 15 20
EGGS—State and Penn... . 14 15
LIVE-RTOCK REPORT. ~~
EAST LIBERTY, PITTSBURG STOCK YARDS.
Pri CATTLE. Ba
rime Steers..... maka iad 5 5 2
Good butcher .............. : Tn is 4 x
Commeor............. 3 00to 3 50
Bulls and dry cows... 200to 325
Veal Calves. ....,........... 550 to 6 25
Fresh cows, per Lead. 20 00 to 40 00
SHEEP.
Prime 95 to 100-1b sheep....$ 4 30to 4 40
Good mived................, 37to 400
Common 70t0 75 1b sheep... 200to 3 50
Choice Lambs.............. 4 80 to 5 00
. : HOGS.
Good Yorkers.............. 6 40 to 6 50°
Common Yorkers.......... 6 25t0 6 35
Roughs sesssisansainiae. 4 50 to 5 00
IEE. eeeren isa iin, 4 50to 5 50¢
E EI
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