Illinois News Index

McHenry Plaindealer (McHenry, IL), 8 Sep 1875, p. 2

The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

m t i c z* * 11 J. VAN BLYKE, PDBUSKEB. ILLINOIS. McEENRY, -; f* / HEWS CONDENSED. THE EAST. IT is stated that Ben Butler wffl act as eotrn- Ml for Tilton in the second trial of his suit igiujgt Beeper....Stirling, Afarau & Oft, of Baltimore, heavy dealers in BUK&T and mo- l>frrr, have succumbed to the general pres­ sure of business. Their total liabilities are $2,500,000. THE newH of the collapse of the Bank of Cali­ fornia catised considerable excitement in East­ ern financial circles, bnt its effects were only slightly felt. COL. EDWARD LOXOSTBEET, of the suspended ftnh of Jjongstreet & Dennison, heavy leather dealers at Syracuse, N, Y., has followed the ex- Maple of BaJston, and committed suicide. TSE Trail- Laewn Boston publishing firm of Xee & Shepard has failed....Union Adams & Co., heavy wholesale dealers in men's lur- yikiliing goodfi, New York, have suspended. A LABOREB NAMED Davis WAS recently mttr- «fored and robbei by tramps in the wo«de, near Danville, Vt.,. -Patrick Reardon, of Sason- vflle, Mass., last week Bhot and killed his wife and then shot himself dead. A SINGULARLY tragic suiciae was enacted at Hew York the other day. Signor Pietro Vianni, a prominent Italian artist, while reciting a poem at a picnic of .this fellow-countrymen, suddenly drew a revolver frrim his pocket und (bot himself through the temple. THE WEST. THE city of San Francisco has been thrown a fever of excitement by the failure of the Btnk of California, tha leading financial insti­ tution of the Pacitic coast. The bank had a paid-up capital of $5,000,000. and has always been regarded as one of the staunchest and best managed in the country. The suspension was caused, as in the cases of Jay Cooke & Co., Duncan, Sherman & Co., and B. F. Allen, by a disregard of the laws of banking. It had made wnlncky ventures in the mining districts of California and Nevada, and the President of the Bank, W. C. Ralston, is known to have been a heavy and reckless operator in mining stocks. Under the circumstances the collapse of the concern need not excite surprise Capt. John Gordon, of Black Hills fame, has been released from confinement on a writ of habeus corpus. He has commenced aai action against the military authorities for false impris­ onment. THE Canadian eteamer Manitoba collided with the propeller Comet, 6n the evening of the 27th of August, near Whitefish Point, Lake Superior, and sank her instantly. Ten of the twenty persons on board the Comet perished. Ho one on the Manitoba was injured, and she continued her journey. The Comet was bound down, heavily laden with ore, while the Mani­ toba was bound up, light... .An express car on the Union Pacific railroad was robbed of sev­ eral packages of money, near Table Rock Sta­ tion, Utah, a few days ago. The robbers got on top of the V** and climbed through a win­ dow wh^e the train was in motion A San Amncisco dispatch announces the temporary suspension of the National Gold Bank and the Merchants' Exchange Bank A female forger was captured at St. Louis, the other dayvi»an attempt to defraud tljg^Broadway Ban ̂ out of 98,000. She presented a letter ofmtroduc- tion aad what purported to be,*cerlified check ea a Chicago house: but the bank officials sus­ pected a swindle, and the woman and a con- " federate were taken into custody. ^THE large four-masted steamer Persian, ; ' bound from Chicago to Buffalo, with 67,000 ; bushels of grain and other freight, was lately burned on Lake Erie. The vessel was valued at f125.000 A malignant and fatal plague 1 has broken out among the cattle in the vicinity of St. L6uis.... W. C. Ralston, on the day of his death, deeded all his property to William Bbarm in trust for the benefit of the creditors of the Bank of California. Public opinion in Ban Fraq,cisco is divided regarding the cause of ' the great banker's death, some people believ­ ing that he died of apoplexy. The majority, fccwever, adhere to the theory of suicide. • THE crops in Kansas pan out immensely. Secretary of State estimates that the State sfell have 55,000,000 bushels of surplus eorn for exportation--The funeral of Wm. C. Ralston, ®t Sen Francisco, 'vras one of the most impos- ' " lag pageants ever witnessed on the Pacific eoast. Among the mourners were delegations ; ®om all the military and civic societies of the r city, as well as representatives of all the manu­ facturing concerns in which the deceased was Interested. The entire city was, draped in mourning as a token of respect for the late princely banker. The Board of Supervisors Of San Francisco refused to pass resolutions of respect to his memory. SIXTX-THBEE Chicagoansdie<fe during August under circumstances sufficiently suspicious to require Coroner's inquests Thieves entered the residence of Gen. Anson Stager, in Chi­ cago, at mid-day, bound and gagged the serv­ ants, broke open the silver chest and carried off its contents... .The Bank of California has been reorganized,with D. O. Mills as President, and will immediately resume business. Seven million dollars have been subscribed to tide the I bank over its present difficulties, of whicL Sen- \ ator Sharon, D. O. Mils, Michael Reese, E. J. Baldwin and J. R. Keene contributed $1,000,- ©00 each. GEORGE A. Surra, Rrigham Young's chief lieutenant, is dead. He was Second President ; of the Mormon church....Col. C. B. Wilkin­ son, editor of the St. Joseph (Mo.) Herald, and Internal Revenue Collector, who was some ̂ , ttme ago arrested and placed under bonds of mm. X V.. *15,000 ,or embezzlement, has not been heard • of for t akm parish, La., were recently poisoned with state of siege, has capitulated to the Alfonista. French worm lozenges, and died in a fe# , The garrison were made prisoners of war.... boom, • _ ̂ jLate advices from Tripoli state that ample f . ttA8BINGT09> Jlv. lapology has been made for the insult offered m_ ; . _ . to the American Consul, and the sloop-of-war THX notorious Chorpennirg claim, having been squelched by Attorney-General Pierre- pont, B to be brought before the Court of Claims in the nature of an application for re­ lief on account of mail contracts--The fol­ lowing are the expenditures for oarrying the mailB for the fiscal year: Railroads, f9,193,9l$l; steamboats, *59,686; star service, $5,158,851; mail messengers, #633,493; total, £15.583,118. Star service is service in which the mode of carrying the mails Is left to the discretion of the contractor.. PRESIDENT GRANT has appointed Edwin B. Smith, of Massachusetts, First Assistant Attor­ ney-General The Assistant Treasurer in New York has been directed by the Secretary of the Ti-easnry to sell f 4.000,000 in gold dur- ring the month of September, as follows: $1,000,000 on the first, third, and fifth Thurs­ days each, and $500,000 each on the second and fourth Thursdays.. „ .There will be another trial of the safe-burglary caso of Harrington and others, new and important evidence having been discovered. THE Treasury Department has declined to transfer any mere gold to California, as it has sent all it can spare. J. M. THATCHER, Commissioner of Patents, has resigned... .The government has paid the Elgee cotton claim, amounting to $2(16,000. THE following is the statement of-the public debt for the month just closed: ̂ - y tdx per cent, bonds.- $1,085,865,550 • " ' Five per cent.bonds...... 623,032,750 ~ v Total coin bonds... $1^08,898,300 Lawful money debt $ 14,678,000 Matured debt...;........ 17,ft61,260 • Legal tender*. 574,315,505 Certificates of deposit.... 64,780.000 Fractional currency 41,137,018 Coin certificates 17,€18,500 Total without interest f 497,851,084 ToUl debt .....?2,239,388,644 Total interest..., 26,919,,783 Casli in Treasury: Coin .$71,117,272 Currency 4,602,365 Special deposit held for re­ demption of certificates ot deposit 64,780,000 Total in Treasury $ 140,499,638 Debt less cash in the Treasury. °.fj2,125,808,789 Decrease of debt during August...... 1,58 >,049 Decrease since June 30. 2,879.936 Bonds issued to the Pacific Railway Companies, interest payable in lawful money: Principal outstanding $ 64,623.512 Interest accrued and not yet paid.... 646,235 Interest paid by the United States.... 28,202,807 Interest repaid by transportation of mails, etc 6,304,047 Balance of interest paid by the United States 21,894,760 GENERAL. THE Chicago papers publish a detailed state­ ment in reference to" the fast mail train to be run between Chicago and New York. A train will leave Chicago at 8 p. m., arriving in New York about 12 o'clock at night of the next day. There will also be another train leaving New York at 4:15 a. m. of the same day, arriving m Chicago at 6:30 the following morning, mak­ ing the trip in about twenty-six hours, a gain of fourteen hours over the previous running time The suspension of the Bank of Cali­ fornia was brought about by a fight between some of its speculative managers and another set of capitalists and mining ̂ speculators, who had organized the Bank of Nevada, having a cash capital of five million dollars in gold. The subject of the fight was in regard to some of the "big' Bonanza" mines, which the Bank of California people had secured control of some time ago, when prices were very much higher than now. The well-known speculative opera- » oC the BanA ,0f California* manSgens/ coupled with the decline in mining stocks, so impaired confidence in the bank that depositors began a run on the bank which compelled it to stop payment. Balaton, the President of the institution ̂has lost 46,000,000 in mining specu­ lations within a few months. THE assets of the suspended Bank of Cali­ fornia are less than $6,000,000, while the lia­ bilities are about 414,000,000. No wonder the "magnificent" Balston went and drowned him­ self. The affairs of the bank have been put in the hands of an executive committee, consisting of William Alvord and George H. Howard.... Advices have been received at Washington from prominent officers on the Bio Orande, to the effect that cattle stealing and murders of peaceable American citizens are still perpe­ trated by Mexican marauders, and in all proba­ bility they will continue in spite of the forces our government can send there, unless they can break up the bands of assassins and thieves on either side of the river, and as far in the interior of Mexico as may be found necessary Our Canadian neighbors have not escaped the effects of the prevailing depression of busi­ ness, and numerous failures are announced in Montreal, Toronto and Quebec. A recent tele­ gram from the first-named city says fourteen dry goods firms had come to an arrangement with their creditors within a week. A SAN FRANCISCO telegram says it is probable that the Bank of California will soon ivnume business again. The stockholders of the insti­ tution represent $150.000,000... .The explora­ tions of Prof. Haven's surveying party in the far west, as detailed in his report to the Interior Department, show how little even our best geographers know of the prominent features of the great territory lying nearly due westward of Chicago. A canon some 3,000 feet deep, through which a mighty river flowed, was dis­ covered, /tiud the remains of an ancient civiliza­ tion that werq found are said to be truly re­ markable. The records of these surveys will no doubt prove highly interesting, not only to scientists, but to people at large. THE reports of disasters on the great lakes for the present season show that they already outnumber the unusnally disastrous season of 1874, and are largely in excess of the wrecks reported on the ocean. POLITllBAl. Hartford had left for home The Herze- govinian difficulty with Turkey is still the lead­ ing topic in European dispatches. The cable tells us that seven thousand women and chil­ dren have fled into Croatia for safety, while the insurgents have burned and sacked two small towns. Turkey has a pretty big job on hand to subdue the turbulent spirits in that insignificant but almost impregnable moun­ tain region. " THE cattle plague is spreading in England. ....San Domingo is in the throes of another revolution. The revolutionists have proclaimed Baez president, but the leading cities remained loyal to their legitimate ruler, Gonzales.... The price of grain continues to decline in the Eu­ ropean markets....Mohammed Ali has been appointed commander-in-chief of the Turkish forces in Herzegovina and Bosnia Six of the editors of the Zeitung, a newspaper publishf I | at Frankfort, Germany, are in prison for refus­ ing to disclose the anthorship of certain arti­ cles. One of them, Leopold Sonnem&n, is a member of the Prussian Parliament.. ..From cable advices from the seat of war, the dis­ turbances in the Turkish provinces seem to be spreading. The province of Albania has caught the infection and is in. 6pen revolt....Spain has decided to send 22,000 more troops to Cuba. THE recent pleasant weather in Great Brit­ ain and on the continent has enabled the farm­ ers to gather their crops with but little injury. The yield, however, is deficient, both in qantity and quality, especially in Great Britain and France. In other parts of Europe* there will be little deficiency over last year A Berlin dispatch says that all of North Bosina is in full lebellion against Turkey. The fugitives who sought safety on Austrian soil number 80,000, and are mostly the wives and chil­ dren of rebrls, who have deserted their villages and made for the hills. In Herzego­ vina, the insurgents havte formed a na­ tional government under Lynbobratich. The insurgent leaders have "been informed by their Montenegrin friends that, very shortly, all Montenegro will come to their assistance. In Servia, military preparations continue News has been received from the English polar ex­ pedition, at Disco, West Greenland. All well. Preparations were being made for pushing nortb as far as possible... .flie Carlists, in Spain, are greatly discouraged at the reverses they have recently encountered, and it is said Don Carlos may disband his farces and await a more favorable period to renew the struggle. THE reported revolution in Hayti turns out to be a hoax. FIXANCE AND TRADE. Weekly Kevlew of the Chicago Market. FINANCIAL. Country orders for currency light and the money market was quiet. The supply of loau- aole funds was large and interest rates were easy at 7@8c per cent, for good collaterals. Government bonds steady and firm. BREADSTCFFS. The grain markets have been quite aotive throughout the entire week, speculators taking hold quite freely, both .the local and order de­ mand being quite active. Values have been somewhat irregular, but the changes and fluc­ tuations were not at a very wide range, the closing quotations not bhowing much chang e, save for corn, which was materially lower. The receipts were larger, bnt operators' had ex­ pected increased arrivals, as, during the closing days of the month, the August fhorts had cal­ culated. ou . receiving, morwused . oi grain for delivery on mat urea contracts. Spring wheat was quite firm with a good de­ mand from shorts and on shipping account. Cora wa# lower, mainly under the influence of the warm weather for the growing crop. Oats ruled steady. Bye and barley firmer. The following" tabie shows the voices current at the opening and close of the past week: Openv>\g. I Vlotsmy. No. 2 ep'g wheat, cash <ai.ir>^ • <8,1.17 y. No. 2, seller August.. $1.15 @1.15}. <$1.17 y No. a ec-llerSeptember «U5" 1.15 <51.15^ No. 2 seller October.. 1.14}c"@1.14I4 1.14 No. 2 corn, cash .67)4® -68 <ffi .€4?i No.2 corn, s. August. .68 .65 No. 2 corn, seller Sept <3, .68 @ .64% No. 2 oate, cash @ .40 @ .39V No. 2 oats, 8. August. .39 is No. 2 oats, 8. Sept.... 36% bid. No. 2 rye, cash .82 @ ,82>c. ® .84 No. 2 rye, seller Aug.. .82 ® ,*3 ' .83 @ .84 No. 2 rye, seller Sept. @ .78 <$ .78 No. 2 barley, cash.... . . . . @ . . . 1.10 bid. No. 2 barley, s. Sept... • ; . @,1.03 ®5.07>i No. 2 barley, a. Oct... @1.02 @1.05 No. 3 barley, cash .79 (a, .62 @ .85 to choice Btalk braid, and G(«.83^c for crooked. Beeswax quiet at 26@28c for good to prime yel­ low. Berries were rather qaiet and the re­ ceipts consisted mainly of^ blackberries, which closed at 3'3.50(Si.00 for Wilsons, $3 for Law- ton, and ijl.7o@2.00 for wild. Cheese WM quiet at unchanged price*; quotable at 5@9c for poor to good, and 10;^{« llo for prime. Dried fruits were firmer and a fairly active business was reported, The market- closed at 10c ft* prime Eastern apples, ll>£c for halves peaches and li ̂ c for blackberries. Dried peas dull at ®2.00(a>2 10 for choice green and S1.65(g 1.75 for marrowfat. There was nothing of consequence done in feathers; qoutable at 48@52c for prime live geese, and 20(« 25c for choice turkey tail. Green fruits were fairly active, but prices un­ der surplus offerings closed weak and lower. Apples closed at £1.00(713.00 per bil for com­ mon to prime cooking, and #8.00@3.50 for eat­ ing. Peaches 75c(&* 1.00 in %-bu boxes, and about 75c for %-bu baskets. Plums, $1,00 per basket for Green Gages and Damson plums, §2.00@2.50 for Delaware Bartletts, $ 1.00@1.25 for Southern do. and 50@75c for common de­ scriptions. Grapes sold at 6@9c per lb. Hides were in fair demand and firm at for green salted all round, and 12@13c for calf. Hops dull at 10@18c per lb. Melons were dull at iJ10.00@20.00 per 100 for watermelons, accord­ ing to quality. Nutmegs sold at 50@75c in small crates, and 75c@fl.00 in crates containing two dozen. Potatoes were dull, and outside lots were almost unsalable. Salt remains steady at $1,50 for Onondaga and Saginaw fine, and #1.70 for ordinary coarse, bwect potatoes sold slowly at $4.75 per brl for Jerseys, and $3.50 for yellow Illinois. Wool remains dull and unchanged. Sales of veal were slow at 5@8e, according to quality. SEEDS AND mGHn'INE8.. ' yg. There waa considerable new timothy see<3 ceived during the week. but. there was a very good demand and prices ruled steady and a fairly active business was transacted. The quality of the seed arriving was rather poor, and of prime the offerings! were only moderate. Sales were made at 42.40@2.G5 for poor to good, and f2.70@2 75 for prime. Clover was inactive atad nominal at ®8.00@8.20 for good to choice medium. Flax met with a fair de­ mand and prices were steady. Sales ranged at $ 1.50(®1.60 for fair to good crushing. The other descriptions were inactive and nominal. Highwines were steady and a fair trade was re­ ported at §1.193^. COOPERAGE, IXMBER AND WOOD. The quietness of several weeks back again existed in this market during the past week, but as usual the feeling that prevailed was one of steadiness, and former prices were main­ tained. Quotable at §1.123^@1.15 for pork barrels, $1.35(«.1.45 for lard tierces, £1.90@ 2.10 for whisky barrels, and 45@55c for flour barrels. There was a better demand for lum­ ber, but the supply of cargoes Was rather light, and the market for this reason ruled quiet. Prices were steady at f6.25@8.50 for joist and scantling. ?S.75(al5.00 for common strips and boards. £2.10(52.70 for shingles, and $ 1.30 for lath. There was no business of consequence doing in wood, and prices remain unchanged; quotable at $8.00 per cord for hickory. ?0.50 for maple, $5.50 for beech, and $4.00 for slabs at the yard. Telegraghic Market Reports. NEW YOBK. BEEVES .....$7 50 @13 00 Hoos--Dressed....'. 10&@ 11 COTTON. ...- 115 FLOUE--Superfine Western 4 70 @ 5 25 WHEAT--No. 2 Chicago 1 20 @ 1 32 CORN 74 @ 78 OATS 67 @ 59 RYE 98 ® 1 06 PORK--New Mess ....20 8ft., @20 00 LARD--Steam 13&@ 14 ST. LOUIS. WHEAT--No. 3 Red 1 39 % 1 40 CORN--No. 2......... 60 @ 62 OATS--NO. 2.... 84# BYE--NO. 2 77 <& 78 PORK--Mess ...21 07^(^21 75 LARD ............ 12%(® 13 HOGS .... .......... 7 60 - @ 8 00 CATTXJ: 2 60 6 36 „ MILWAUKEE. WHEAT--No. 1. ,.. @ 1 20><F No.a • ... @116^ CORN--No. 2 .. @ 01% OATS--No. 2... 31 @ 35 RYE ..t> .. @ 81 BARLEY--No. 2. (2, 1 08 CINCINNATI. ~ t WHEAT 80 @ 1 35 CORN 73 @ 74 OATS I.. 49 @ 53 RYE .. @ 86 PORK--Me*B .........30 BO @,20 75 LARD 13 K @ 14 TOLEDO. JhBAIwBriM. '•1 43 Amber .. @ 1 32 CORN '03.® 67 OATS, 38 @ 40 DETROIT. WHEAT--Extra.. .. @ 1 44 Amber <& 1 29 CORK <8> 74 OATS 38 <§ 44 CLEVELAND. WHEAT--No. 1 Red..; .. @ 1 54 No. 2 Red @ 1 28 CORK 78 @ .79 OATS 41 48 tlNASCUL WRECKS* pyi-. • some time, and it is eaid he has fled to "" "" THE SOUTH; A DISPATCH from Macon, Mi9B., reports a *Triot at New Hope church, in which eight ne. groes were killed and several wounded. The caasc of the riot was a quarrel and Sghi b*. , tween a white man and a negro, about dram 3, beating. A DUEL was fought the other day at Waco Texas, between Charles Carrick and J. M. Turner, the result of a trivial quaiTel. It took ̂place in the dark--distance, four feet; weapons, , • tux-shooters. Three shots were discharged, •r.̂ jand Turner was killed. |THE Republican Banner and the Union and 1 ' Jkmerican, of Nashville, Tenn., the two oldest , ,-J^r "JE ̂ #HWafly papers in the Southwest, have heen con- ' ̂ Bolidated. LOUISVIULE now enjoys the luxury of a penny paper... .Four children of Mr. Mier. of Ascen- •7TT' ' s PROVISIONS. There was more doing in this morict- dv.riag the past week, but the offerings were large, and there was only a small improvement in values. Mess pork was in good speculative de­ mand and an advance of 25('< 30c was estab­ lished. Cash mess pork closed at £20.25, seller August at $20.20, and seller September at -*20.25(^20.30. Cash lard closed quiet at *13.123^, seller September at £13.10@13.15, and seller October at $13.20@13.25. PliODCCE. There has been nothing new of essential im­ portance developed in the market for butter during the week that has jnst passed. There has been but little disposition shown to make any extensive purchases of the lower grades, and considerable more caution was exhibited on the part of shippers and parties who buy for the purpose of re-pack- ing. The few buyers on the market; owing to the unfavorable advices from the East, were endeavoring to purchase at shaded prices, but the stock on our mar&et was very meager and these reports had no apparent effect on the market. The better grades of butter have met with a good local inquiry, and the receipts were barely sufficient to supply the trade. There was no change of conse­ quence in prices, the prime grades being very lirm, and the lower qualities were steady at the decline noted in our reviews of the previous week. One of the principal reasons for the stock now on the market is that dealers in the East have used every endeavor to induceWestern ehippere and dealers to consign their shipments to their markets, and a good many lots have in this manner passed direct to the seaboard. The European demand for some time past has been light, and this beintc about the only outlet for butter in THE New York Liberal Republican State Con- H1® {':a8tern markets, the consequence is that « u uu-- ow oo mi tne above mentioned markets have had a surplus vention will 4be held at Albany Sept. 22... .The campaign in Ohio waxes warm. FOREIGN. ANOTHER war--this time in South America. TLestate of Panama has announced hostili­ ties against the Republic of Colombia... .The wife of Garibaldi is dead The Grand Vizier of Turkey has resigned Turkey will be Re­ presented in a limited way at our Centennial --War clouds are everywhere looming up. It is stated that the friendly relatione of Great Britain and China are in danger; the insurrec­ tions in Herzegovina and Khokan are progress­ ing, and revolution is said to be imminent in supply, and prices are at the present time lower than in tbjs market. On the other hand the outlets from this market are quite iimmerous. There has been a good trade with Southern points during the season, and a large amount has been shipped to the lumbering districts. Exporters aiso lind it to their advantage to make pni chases at this market, 88 rates of freight and the con­ nections are such as to form a healthy com-: petition with the Eastern markets. Dealers here, m anticipation of more liberal receipts, wre keeping their stocks well closed out, and the market was never in a better condition for the receipt and handling of consignments. The quotations given below are for the grades adopted by the Batter Association: 22 25c for Extras, 18(a20c for Firsts. 15@lGc Capt. Webb's Wonderful Swimming Feat. The cable furnishes the following par­ ticulars of the marvelous feat achieved bv Capt. Webb, pf swimming across the English channel :J Capt* Webb started (Atig. 24) on his swim across the channel, at the rate of 20 strokes to the minute. The weather was calm. At 5:20 he lunched on ale raid beef tea, and at 8 o'clock on beef tea and beer. He then rested, floating on his back. At 9 o'clock he was troubled with floating seaweed. At 11 o'clock, cod-liver oil was given him. The moon rose at 1 in the morning. He in­ dulged in brandy and tea. At this time Webb declared the accomplishment of the fertt a sure thing. At 3 he partook of' coftee. Then the tide turned, run­ ning northward, and the Captain ap­ peared exhausted. His trainer stripped, ready to render assistance, but Webb laughingly declined his services. His strokes at this time were at the rate of 20 per minute. Fears arose that the north­ ern tide would drift him abreast of Ca­ lais sands, and, as the sequel proved, he had four miles further to swim. Day­ light broke at 4 o'clock, finding him drowsy, when he indulged in coffee and brandy. At 5:30 Biden's buoys were sighted, and their position located. At 7 there was a westerly breeze and chop­ ping sea, retarding in their influences, and it was only indomitable plTick that insured success. A skiff was kept on the weather side, Webb swimming slowly from this time. He indulged in brandy straight every twenty minutes. Sound­ ings were taken at 8 o'clock, and 10 fathoms reported. Steamers now made their appearance from Calais, and steamed along the weather side of the swimmer, breaking the sed. Cheers rung on incessantly, giving fresh hope to the gallant swimmer, who laid a direct course for Calais sands, westward of the pier. At 10:30 o'clock he was in shallow water, and at 10:40 to-day, incredible to relate, the brave Matthew Webb stood on land. He was tired, but soon recov­ ered, and was conveyed to a hotel in a carriage, where he was rubbed down and put to bed. Capt. Webb, naked, beats Paul Boyton about two hours. In London, the wildest enthusiasm pre- vails. jit is pronounced by the press the greatest physical feat of the century. Uruguay. Tripoli has thus far refused satis- I for Seconds, 14(gl5c for Thirds, and 12(«13c faction to the United States for the insults to the American Consul and his family, and there is talk of ordering Rear Admiral Worden with the European squadron to the scepe. A MADRID dispatch announces that Seo de Ur$el, which has 9eekt be«a in a • - - - " - - for inferior stock. There were no sales of D6fintt made tb&t were of COD££ oueiic© and prices were unchanged. Prime Eastern medi­ ums quotable at $1.80 per bu. Western were entirely nominal. There was a fair trade reported in broom corn and the market ruled steady as follows: for No. 1 to extra hurl, fojr good MRS. JOHN MORKISSEY is as combative »s her spouse. The other day she dis­ covered a vagrant in the back yard of her Saratoga premises, and, armed with a revolver, sailed down upon him, snap­ ping the weapon in his face, but failing to discharge it, whereupon the fellow scaled tfee fence and escaped. Collapse of the Bank of California--Lia­ bilities Estimated at •25,000,000 to •50,000,000--Great Kxcit«m«at In Call, fornia--Heavy Failure of » Baltimore Sugar House. THE BANK OF CAIJFORXTA. A San Francisco dispatch gives the following particulars of the collapse of the Bank of Calfornia, the leading finnncjn] institution of the Pacific coast: The Bank of California has failed. The city is convulsed with excitement, and rumors of the wildest nature are in circulation. The whole city is discuss­ ing the situation, and Montgomery street is blocked with the throng. The burn­ ing of half the city could not have caused more intense feeling. One reason for this is that so mdny here are interested in speculative enterprises, which must all feel the shock. It has long been known that Balaton's management of the bank was the reverse of conservative, and for months rumors of trouble have been quietly circulated. The excitement in Nevada mining stocks and the burst­ ing of the "bonanza" bubble of last year are known to have entailed heavy losses upon the bank; while Pacific Mail specu­ lations in lands and railways, and the building of costly "'palace" hotels.-have also had their influence. No one knows what the liabilities iare; they are esti­ mated all the way from $15,000,000 to $75,000,000; and the assets from $10,- 000,000 to $25,000,000. When it became known to the officers of the bank that the coin in their vaults was gone, they made every effort to se­ cure relief from other banks, and also from - the United States mint and sub- treasury, but without avail. The other banks, which for years have looked with jealousy and distrust upon the Bank of California, were only too glad to see it go under, but it is doubtful if this was wise, for the ruin which lias befallen the giant, bids fair to destroy the pigmies. Ralston, .the President of the bank, is blamed for his extravagance, and to that is attributed the failure, but it will prob­ ably appear that a few of the trustees and officers of the institution have feath­ ered their nests and profited, while the depositors and stockholders have lost their all. The bank's capital is $5,000,- 000, and its deposits about that sum.' It has done a large foreign business, and in connection with the immense wheat, tea, silk, and general trade of this port has issued bills on English, German, Chi­ nese, Japanese, and South American cities. The bank has notified its agencies all over the coast to stop pay­ ment, and this will necessarily prostrate business east as well as west of the Sierra Nevadas. Ralston tries to bear up un­ der his adversity, but he feels his fall deeply and will neither show himself nor give any information as to the affairs of the bank. He lias spent money lavishly and foolishly, and those who have lost have been heard to utter threats against his life. If it should once appear that he had been more than extravagant, that he has been dishonest, that there has been* fraud, Ralston wotdd probably adorn a lamp-post. Luckily the class of depositors of the bank comprises those who can better afford to lose than if they were poor. The workingmen are not largely represented among the deposi tors. The morrow is looked forward to with fear and trembling. ^ SUICIDE: OF W. E. BAIISROITR PJJBSJIJENT OF, THE BANK. A San Francisco dispatch of Aug. 28 gives the following particulars of the suicide of Ralston, the President of the suspended bank : About i0 minutes past 5 a close car­ riage droVe rapidly to the side floor of the Bank of California, a gentleman jumped out in a state of excitement^ and into the bank. In response to inquiries, the liackman said he had just left the body $f Ralston in charge of an officer on the beach, near the smelting works, in the south part of the city. It was quickly learned that Ralston rode to Sellig's Smelting Works wharf and jumped off the dock. From the best information, it appears he went to a sea-bathing establishment at the north beach, about 3:25 p. m., undressed, went into the water, swam about 200 vards, and disappeared behind a vessel. Soon after, his body was dis­ covered floating by the Selby Lead Works, and was brought ashore, still alive. A physician was summoned, but efforts to resuscitate him failed, and he died at 10 minutes to 5 o'clock. A boy named Festus Mazzele states that he saw Mr. Ralston before he reached the bath-house ; saw him sit on the clay bank near the smelting works ; saw him tear up several papers and throw the scraps into the water. A close search was made for the pieces, but none could be found. He is also reported to have been seen to drink the contents of a phial before going into the water. The general impression is that he took poison before entering the water. The board of directors of the Bank of California held a meeting to-day. Ralston was re­ quested to resign as President and Di­ rector, which lie did. HEAVY FAILURE IN BALTIMORE. Stirling, Alirens & Co., of Baltimore, the largest sugar importing house in the United States, have suspended payment. The liabilities amoruit is .$2,500,000, of which $1,000,000 is due in Baltimore to merchants, banks, and private banking houses. The firm employed 350 men in their refineries and barrel factory. It is said the business of the firm footed up $40,000,000 per year. They were pro­ prietors of two large sugar refineries, the Merchants' and Chesapeake, and agents of two others, the Calvert and Mary­ land. It is thought that if the assets are judiciously administered th§ creditors can ultimately be paid dollar for dollar, lie failure is attributed to the general depression of business and the shrink­ age in value of coffee and sugar, of which the firm have large stocks. They have also a large amount of real estate not at present avail able.- An Annoying Interruption. At a place bearing the remarkable name of Souse Creek, Moore county, Tenn., a religious meeting was seriously disturbed a few days ago. Tlie preacher was holding forth to the congregation upon the necessity of living good lives, as a preacher should, when up to the door of the building rode a man named Wagner, whose melon patch had been invaded by some unknown person a few days previously. Wagner, as he rode by, called out to a young man named Casey, saying: ̂You ace tt$e have been looking for," and then added,. " I understand you deny being in my watermelon patch." Casey promptly re­ plied, "Yes, I do deny it; I was not ^ there. " The result of this answer was that Wagner denounced Casey as a liar, and, as the latter was rising from his seat, shot Mm dead. The meeting was so interrupted by this interesting epi­ sode that preaching closed* and several men started out in pursuit of Wagner. At last accounts he had not been caught. --r&^>jkouis Republican. TLRKJKV'S TROUBLES, „ Tl» Inciting Causes of the Revolt Agalnefc the Sick Man's Rule In Herzegovina* There are probablyfew persons in this country, says the Boston Globe, who comprehend clearly the causes, purposes, and possible results of the frequent in­ surrections in the Northern Provinces t>f Turkey, and it is a very difficult subject on which to form a judgment. The Turkish empire is a sort of theocracy, founded on the Koran. The Sultan is regarded as the immediate representative of the Prophet and the vioeregant of God, and hence the government is a combination of Church and State, in wkich the church is predominant. While * it is regarded as essential to good citi­ zenship to be a good Mohammedan, and Christians are accounted infidels and dogs, who forfeit their right to consider­ ate treatment by the mere fact that they are not followers of the Prophet and con­ sequently submissive to the government founded on faith in him, a very large portion of the actual subjects of the em­ pire in the Northern Provinces are Christians. Although theoretically var rious concessions have been made to them, in reality they are still treated as ihtractables and ground down by an in­ tolerable despotism. 'As a consequence, the spirit of rebellion always pervades those Provinces, and every now, and then there is an outbreak in Bosnia, Montene­ gro, Servia, Bulgaria, or some other quarter, where there is a predominance of the Sclavic race and the Greek re­ ligion. # Herzegovina, which is attached to th^ eyalet of Bosnia in the northwest, is in itself insignificant, its entire population is* lees than 300,000, of which nearly 200,000 are adherents of the Greek Church, while there fire eiiongh Roman Catholics and Jews to reduce the Mo­ hammedan element to a minority of about one-sixth of the whole. H the ^present1 outbreak was a merely local af­ fair, arising from the discontent of a sin­ gle Province, it would be easily crushed, but the cause is a common one with all the Sclavic people of Northern Turkey, and the spirit of rebellion once kindled spreads like wildfire. We hear already of reinforcements to the insurrection in the neighboring Provinces. Precisely what these people would aim at if they had the union which alone could give them power, it is hard to say. There is a considerable party which would aspire for independence for each of the petty principalities, but that object seems to be out of the question, and there is no such harmony or desire for union as would make an independent Confederacy of the Sclavic Provinces possible. The subject is further complicated "by the attitude of foreign powers. If left to herself, Turkey might be able to sub­ jugate the Provinces which seem to have no bond of union but their common dis­ content, even if the insurrection were to become general; but Russia has an in­ terest in the matter and sympathizes with the adherents of her national church. Austria, too, is directly concerned, as these people are closely connected with her own in race and blood. Both these Empires, too, are far from friendly to the religion and government of Turkey. Then Germany is anxious that neither Russia nor Austria shall acquire any.further ad­ vantage in the East, unless she can come in for a share, while England is jealous of any disturbance of the present equi­ librium of power on the continent, espe­ cially if it is to extend the Russian influence and power. France is less con­ cerned than the rest of the great Euro­ pean nations, and is in no danger of being drawn into the contest if a great war were to come out of these small be­ ginnings. There is a bare possibility, hardly more, that this insurrection may attain such proportions as to j>rovoke out-side interference «ad bring into conflict the interests of the three great Empires of Northern and Central Europe. If this should happen, the result is not likely to be independence for any or all of these discontented provinces of Turkey. Their special interests and aspirations would be treated as a minor consideration, and there would be either a partition of their territory under certain conditions and guarantees agreed upon, more or less liberal as regards the freedom of the people; or, as is more probable, Turkey would be confirmed in her possessions in the matter of religious and civil rights, which would assure peace and order. The little fire that has started in Herze­ govina may not kindle any sucl> great matter; but these outbreaks are pretty sure to continue, and ulimately to assume proportions which will compel important modifications to the internal policy of the Ottoman Empire, through conces­ sions enforced either from within or from without. Turkey will find it im­ possible much longer to withstand the influences of the civilization of Europe, with which it is in such close , contact, but with which it has little sympathy. Stopping a Train. A trick that) can only be played once on the same conductor, was perpetrated on the gentleman who ran the 5:40 train from New York last Thursday. A gen­ tleman on the train who lives between New Rochelle .and Mamaronic, and who evidently wanted to get home in a hurry, came to the conductor, and with feigned excitement and earnest tones, said that the train had just run over a man, and for God'o «ake to stop. The conductor at once pulled the bell-cord, and the train soon came to a standstill. A: num­ ber of passengers got off and ran back some distance, but could see nothing of the mangled remains the inexorable iron- horse had made. After the train had again started, the only passenger left behind was the man who gave the in­ formation, and he, having thoughtfully taken his bundle under his arm, was seen crossing lots toward his home. Some of the brakemen "allowed" that he would have more than his ticket *'punched" the next time he got on that train.--Stam- mailto:13.10@13.15 mailto:13.20@13.25

Powered by / Alimenté par VITA Toolkit
Privacy Policy