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San Francisco Chronicle from San Francisco, California • Page 2

Location:
San Francisco, California
Issue Date:
Page:
2
Extracted Article Text (OCR)

KttlsiPI1 Jfl mmmmx Wnvf MAmmpMi Hi fiiiiiiii ittililtftft to yr 111 litfte i 81 If MS lUtier 3foutof raiilrbrcMiii mm Mr I Kf 111111 Pi II 11 mm II iits ragua have Wviniiiiiuiiine revolutionists elspiuelSnjicJca tioiiTrUlilhclsferior haseiiiiiterupted ttdbjioftOTf pronijed reypluy 6f the MTotatipnMTKSstlbcen easUypb laihei 3lt is i3wiMyt li6CTerK that releerlJfiinientjhaTe capfc tired GraSiaiiaaMSasisotith Iromtte caplanaSi5wMch is east bi jaanaguairu hS Ail thStm1ttyadfaeat to these cities ippeay rto be cpnfi2enf ofdriviag Preg dent Sacisa fronvTXwen2 With their ctonouf orcei tttey baye marched tc ward3lanagua the capnar or tne repup liks7rtP44yJBhd that tberrfiMteeriaiETea flSi of ngnting arotuid Managua but whether either Ther1sao inteTnptidijDf telegraphic Ijseryice with Costa JRica and tbere13 no trtuble In that ount a reported The JerafdY correndeirt ij anania cables Officers of the steamer Cityof Xerw York hieh arrived last jrught brooght newshaf the expted reyolu tioa inriianairoav Bad begun The iteameipeit Corintp iraragria ortllay ist HeroffiTSrepprtfliailrheiie arrived atCorinto which is theyihief port of KicangciidOii the Vfiteni cbist Tie reyolutiorvhad already In progress for three daysVand wis pnderjthe leader shipbf XJeMrUaTarLC I fieiwlt bf the figltrngsJlBOtfcQ6rii When the Xew YorkelfrpmCojlrlto United BtitesJiiniater Shannon arrived here off the Tew Tofl 1g JSoarded her at Corintb He says that vrhen he left ths capital of Nicaragua it was so quiet that no outbreak was expected bnt while at CcrIhtovvhe received a telegraph from President SaaUaahnpuncing that a reyolnUori bad beniatfe The revolutionists appeared Him a formidable army Their plan wasweU efinedone They struck simultaneously at Leon Granada and Masaya Communication between Cbrinto and tiusJnWrior hadljen Interrupted when the steamer New oTk wdled7and eren that port was tindergoing a8feger rTh Herald correspondent at Panama cables Kewsioi ihelnul iOTerthroir of Tolicarpo jBonillaj theleader of the reyo this city by mail Bonilla capttjred tegucigalpa Tbufhjs oocupation dt the capital city yas jjoit prolonsted When OeneraTYaiqUjezj at tte head of tteDov 1 Jexrent forces adrajiced toward Teguci jalpa Bonilla abandoned bis position and retiredja point a few miles back otthe city This moyement aroused ihe oppoV sition of General Teriencia Sierra Bonil las ehIeJr bf staff Ceneril Sierra denounced Bonilla as avcpward ThisTsplit in ihe rerolalidnary camp enabled General Vasquez to operate lagalnst the insurgents most adyanfa geously He defeated them in jour batr ties jThese engagements took place at El Csldche Lbs Cerdos Guicama and Yoritb The fighUng was fiercest afc Los Cerdos nfllai foTcesfled tqtbe frontier of Kica Tagua Nlnetj rebels were icaptured dnrr lsg the retreat and it is reported that all bfthem were shot oy order of General Vas quer Truiillbwas recaptured on April 16th afUfftTjattlewblc lasted ix hours There was small loss of life on each side and forty flye of the rebeliwldiers were captured ItsiSi belieted they will be or dered shot as traitors General fablo Koilla with a command of SOOrmen Ventured orer into Guatemalan tterrltom They were capturedand disarmed andareriow beingheld while the Guatemalan authorities are deciding what to do with them General jCugnerbi wnotaen acting kaftesidentofHcdnras since President Leira reslrned turned the government over to General Yasquez bnIApril 28th It Is rerjorted thatlJefqrebis Tictorytyas quezsenttneiouowingQupatcnto rresi dent6acoM bf fKicaraguar shall tri umpb oyerronilla andictben oyer youi KIt fa belieTedthatyasquezV who Isthirst ing of revenge against Bacosa on account of the aid he gave to Bonilla will loon in TadeiNiearaguai If he Bhbuld do so he wbuldnb doubt aid the Kicaraguan reyor I lttupnists in their fight against Bacosa extra session fji fieptemjer aext ir Onthwaapes5not take ay stock in the statement thai immediately after ihejjpw pomnnen pi ine jtrouse coosmmmta re rtas irilllie tatcrt imtitth 1st nf TJecem ber Vjyopiaipa said the Buckeye steteeman Congress will be in continu ous session joarnag Xht nsoal unnstnias Judidav9foBiSeitenilen innta the fol lowing June It should be added that unwwaite jjsaw Jesident apreiana una mprnmgaadMmadethe statement after histeryiewi 1 MiaEBEjr ro jprsf the tkciox Cnloii Teterang to 3InteT In itb TSx CoiSgr man Tordy WHQtQW iiay Ihe members the ilJnibrt yeteran Legion will go ii SCfaharfllfairto morrow to Mmuster in Colonel Joe JfcEibbeo who yrasa meinr be of tJbbgrlessJrbra California in its earlier days Colonel HcKibben was the lugheslofficer in yanlt and in command on the staff of Generalosecransthroagh but the latters seryiceironi the battle of StorieriTeftb Cbjckamaugai He willbe receivedby Captain Thomas Spencef of the Penka Barman the lowest ocef in rankindin command on the game staff during that tirne Captain Spencer was with Colonel lfcKibben throughout I all the campaignslof the war affiMlSE TEE IME TEE ATCHISOlf TOvfiATE iJST iHJDISBillNAl WoJistrTicpoiohe feois Vfltislr Puslied 5 East ot Kasas feitjv 11 liitrials tli JJeayiesi rSuters roreigir Bidding ward the Close Belpst toesfblisih i XJonfidencey 7 Special Dlsnatcii to UieCniiosicit 1 CmcAOOiSIaySi TheiAtchisOn has con sented to sell th St Lotus jLansasGity and Cororado to a syndicate which has bound itself io immediately extendhe Ene to Kansas City Cpntracts or building end equipping ihe entire line have been let jtoH ji Drewand it ia promised tnat tne wore wilt pe prosecuted vigor ously The line when completed will be practicallj apart of the Atchison sytemt the altiinate intention nndoubtedly being that it shall be owned by the Acthisoa when cbmpieted It will uga the Atchi sons terminal in Eansa3 City The SL lotus Kansas City and Colorado was begun in 1835 It was completed in 1835 to Vnibnitrankiin county Mo and sixty miles of road were jbought by the Atctuson since tnen it nas oeen classed as a branch line of the Lpuisand San Francisco now a part of the consolidated Atchison system The road has aTery valuable terminal in St Louis haying rights to use the Vabash tracks between The original plan of the company in 1885 will be followed outih the completion of the road Itwiilrun via Sedalia and will be as nearly as possible an air line between St Louis and Kansas City It will become practically a part of the through line nf the Atchison from Denver to St Louis and will io an immense through business as ihe St Louis outlet Of the 000 miles of Atchison track in Kansas and Colorado A great advantage of the new line is that it will be capitalized at less than half the average of competittglines This is possible because of the extraordinary low price of xailrbad material and the smaller gradients Of the new line The terms of the deal with the Atchison are not yet ready for publication but that road will act as godfather during and after its construction lj JJ CAME EAE XOSIXG HIS MOKET A San Tranclico Man Taken in Ty OenTer Card Sharks btsvtBi May 5 Charie9 Anderson and wife arriyedpn a morning train from San Francisco en route for Bostoni While waiting for their train the couple tooka atrblltp seethe dty By a clever piece of wors Anderson was induced to pet on a handof cards He rah as high as fl5and gave his check for it Of course he lost ne soueht the oatrolman on the beat and was directed to police headquarters Detective Peterson was sent to demand restoration of the check on pain of instant arrest The check Was returned and the couple continued on their way across the posed tobe the rascals who inveigled An derson into tne game SETBACK rOK HOME KOXE Committee Instructions Declared Oat of Order Lcntpojr May6V In the Commons to day the Speaker declared thai the thirteen instructions to the committee regard ing the home rule bill which were standing onpaper were all out of order except that offered by Gibson bwlest Conservative proposing that the home rule bill should be separated and the part relating to Irish representation in the Imperial Parliament made a distinct bilL 1 The rejection of the instructions cwas a great surprise to tne it ouse immediately after the Speaker made his declaration the opposition retired to decide upon a united conrse of action 6pecliT4spattttttoeiSHMsrCV MiW Ypatciiay RTfaewi weref Ibweis ihg and VportehtipUs ouds over Wall street this morning Bptrs ad bankers iastehei tiiat financial storm center fchowihg thai the band would begin to play at the jdrbp of gaVeiatthtStocfc xchaqge and each waa determined to bai near as possible fe the head of the prbcessiohi Jfprycould tell ibefore the opefUng what history lay just the jother sidi of 10 pclbckwhen Vpandemoninm should beletlcse Toseinjrpreste and anxious faces i Thpse oai hoyfred ahdui from fiabit andwere scarcely lessjanxibusj Bime perhapjs eli their toes jbyer the edge of thea sheer precipcer nqt imowing butV that the fdeppmentii pt the houlrnighl push thera deahft over the brink into the anciaipifc There was hurryihg and scurrying jot Jraen and bpysi DiTing in here darting out therejfrhing into this and hurrying out pftf office sfhere iJieir Mterestswere centerediSahd so thecalm hands bn old Trinitys grimdbck dial crept fup tothe hour when the turmoil should begin and another day that wears the fleshand iierye of men should be ushered in Ahyfpnd pptionist who imagined before the opening that ihe market mightstiffen at the outset wasdisappbinted Every eye was on Cordage and theYe was movement enough within ten minuted after the sounding of the gong io engage everyjeyei The appointment of eceiveri for the National Cordage Company fate last night was the occasion for a further break in the Welerred stock this mornine It closed yesterday at 65 In ten minutes after openwig a was jiueen pomis iowert ai ou It hesitated there for a moment then tnmbledt0 45 Then came a perceptible lessening in the rush to sell and more steadiness Cordage common opened at 19to51 Meanwhile along the ragged declivity of alarmtheTe were other interests stumbling and grumbling against the lace of the situation General Electric was another weakjpotandin the first few minutes it broke nve points to 75 The fact that cer tain omciais thougnt it necessary to issue a statement that the company Was all right was viewed with suspicion some quarters At lOd the price was63 Suear was also attacked It broke to 76 and Chicago G3 dropped to GO considering tne panic in industrial stocks the railroad list was held fairly welll Manhattan Elevated went down the toboggan slide at a great rate wiping out all margmspn a slump from 128 to ilZi Progress was stayed at that point and a rally to 120 followed but the stock slid off again toliei Soon after the Opening there were re newais ot yesteroays rumors tnat a White was in trouble in connection with cordacev Before three quarters of anhour after the opening the slump that stock became too great for him to standi and he Wentdbwhbefore the storm The fact pf thcfailnre of the great speculatbr hpse going to thewalione year or so ago in a grain deal on the Chicago Board of Trade caused such a sensation was known on the street and found its way into the Stock Exchange room before tne formal an nouncement was made therein Accord ing to his own statement cordage was the chief element in his failure bat he was also interested in gas Cordage strangled him and rras suffocated him lie was un able to go on at present though he might get up later on he said Soon there came from Boston a statement that Francis Henshaw Co stockbrokers had failed Nobody seemed to know rnucn about tnem But it made little dii ference it was a failure and that was enoueh to add to the fury of the temoest and so passed the first hour ynenuociocK cmmeo irom iTinity steeole the record stood like this The de cline had been uncommonly heavy and the excitement had reached a higher pitch than at any time since the panic started with the market still feverish National Cdrdaee had fallen 25 to 63 American Sugar 20lto 65 preferredj 17 io 68i Cpttsn Oil 8 to 54 National latter CtordagepTeferredi Railroads closed i to Aignen pere was a more conn dent tone at the fiaih Whie saysthedrpp in sugarwas oneofthe leading causes of bis failure Hewaia large seller oh privileges and nia present troubles are seriously affected by the fact as his pats were bought riht and left and dnrinff the present crisis and the severe decunein jirices pur chasers have been enabled to pat stocks thim at priccg far above the market White says Wis unable at present to give ft definite ideaMbialiabilities Francis Henshaw A Ccv stock brokers at Boston say that their failare ia due to inability to collect money due on margins It is impossible to give a statement of their affairs Ferris Kimball whose failure was announced at 1245 oclock went down under a load of industrials A dispatehfrpni President Coffin of the General Electric saysthe company has no pressing liabilities no outstanding call loans and has recently paid 12000000 of itsobligationsl Collections are not slow and the cbrnpahys factories are as crowded as ever Thetoarrte4 of eev prat lkrwi rinn tb being freely mentiohed as hkeiyto cause trouble and there is no use vet to speculate on the outcome Pf It all in the stock market The best authorities hpld the present crisis is not made by the banks which have not called loans or forced liquidation any further than to see that their margins areproperly kept up Their seen anordea very ac iLirMisii 6reatScIiemMfEa3efa Millions tf AcjrAraMBe Some Factors ApjXarentijr 2f pt Gon sidered by tte Pror Sudors ill if 1 iiiMs Mim xrxLtsqrl jteet otembeb BeaiiemhUnt of the International Monetary ConferenCottostponed AsmsoTOSVilay The Interhitibnai monetary couf erehcwhichdjpufned to rieassembre inBmsseli iheJSOth insty miH pci reasaemMejonTithat fdatfe A genetal ieeilngiieressed by jthe representatives of he leadlrig powers that the end of May was not a tuitabletime for Tcommencingtbe labors if the conference and as the result of a consultation ihtld between the Presideht Secretary Crash am and some of the delegates of the United States to day it was determined to cable the announcement that the re assembiinsr of theeconference would Via TOstponedTitttiV some time riext Noveme Der uoTernor aicureary oi jveniwity wha is in theeitr and who as well as Senator Jones of NeTaday will continue to serve upon the commission expresses ranch gratification at the change of date nd befievesit wUlincreaee the rprbspect of the conference accomplishing some solid result I iftM mm I Kff TistrOBapcQ jnrgsT tqdjt A Callfornl Man amed for Member of theBoard Wisaiieorojr Jlay Bi te JPresident ib day appointed thr oilpwing board S6f Jrisitorato Jhe TJratet Sfctes Military Academy for iigi Charles 8 Fairchild of Kew York Henry Pierce i Boston irranK jnomson ot Jnaoet hia A a McClurg of ChfcagOLJbhti I Dlnsmore of SaiJose CaLv Edwin A Alderman of Greensbdro jN and3ohh Beaof Mihnearjolisi inni The Presidents selection pf Fairchildi for tbeserv iee idlsprovesthe report that tiey hap qnarrqeu ana were no longeriricmu rj COXT1RMED pPJCHWAiTE Tfi Oklo ConjTessman Say 4 That There TymBnEr Session WisaTjrarro Way Ppngressmah Onthwaite rbf Qhipis thee latttb verify CthiTedrtthat CbngreTMnvenetn AN ACSTBIAN IOWS BTBKED Elghtj Eeople Perish in the Xlames Tamilies Homeless Vrxxsi May 5 The towh of iKowaL Poland twehtymiles south of Warsaw with a population ot S500 has been swept bya confiagratibh One hundred indsix teen nouses including tne nospitai and asylnhij were destroyed Three hundred families are homeless and destitute Eighty perished inthe flames The Telephone In Canada OtrAwffOntVMay 5 TheAntomatib Telephone jand Electric Cbmpanyf of Canr ada incorporated by the Dominion Par liament last month proposes to run a copperi metallie trunk line direct rJxom naiax to vancover over mw mnes long Local plants will also be established in towns and cities en route A School BUiBecttU BtBirii May The lower house ot the Prussian Diet ha rejected theGbvern mentbili reOTlatinlr elementarv schools bya rCPmbined vote of theconservative and Center partiesithe ground of bpppsi tion being that the measure didndt meet the demand for a general reform of tiie scnoot system A French TocalTaxAholished Pjlkb Jlay sWThe Chamber of Depj nneshasjassed a piu providing for the abolition the octroi ahd empowering the inunic3tal authorities to make ur the I consequent loss to the Cit Treasury by levying owe taxes Bank rallure in Australia MzvsMpftx TheCbJohiaijBahi dIAnstraha Colony pi Victoria has sas jnde4lnrconseqtterice of the general 1 eeU mgof ajjprehehsooa In regard to Austr lianbanksi 1 Postmasters Appointed WaSHixfiioslIfty Postmasters have beea apipinted for newly established PostomceiinCaiifbriiia aafollowsi Belle Hawthorn at Chlttinden Sauta Crux countyiand Adella MPeacky at Penrose Yentnracbuhtyw To Assigned io Duty WaHiccrrpfiMay Priyatej JbhaG peleXtthe Hospital Corps how await iffgbrderst San Diero barracks i3ahj will be transferred for duty to Fort GrantvAv3t Cordage common iU to 15K American Tobacco 4 to 53 Cleveland Cincinnati Chicago and St Louis to 33jBurling ton andQuincy 4 to 83ft Chicagp Gas era Electric 22 to 58 Manhattan lOH to 115 Nauonal Lead 6K to 26 Wi preferred 10 to 68 Omaha 5 to 113 i Kubber Ji to 39rWesteTn Union 3 to 84r 7 Following the announcement bf Whites failure therewerersome sharp rallies Chicago Gas rose 9 General Electric Manhattan 4 Sugar 2 KCottbnj Oil 4Burlingtbh and Guincy 2W Cordage common pre lerrea xne raiij aiu not uoiu However for speculation was feverishfon the circulation of rumors affecting the sol vency of other firms and individuals After oclock the excitementabated somewhat but the fluctuations continued wide and frequent Buying orders appeared and prices jumped three and four points at atimfc but any pressure to ell was immediately followed by a break The recovery from the lowest was 17 points in General Electric6iin Sugar 3U ih preferred in Manhattan 4 in National Lead and 3 iff Western TJnioni The ab sence oi further failures has a reassuring effect At noon the market was firm and advancihg In the afternoon the oattle slacked off a trifle in intensity There Were spasms of riotous bidding and selling however for a time and then the action acain became more rapidi Rarelyj if ever in the history ot the Stock Exchange weresuch wila fluctuations witnessed While this conditions existed dazed brokers were throwing over stocks regards less of priceend foreign iouses were quietly picking up thedIvidend payesi It is estimated that np to noon Londons purchases aggregated fullyeOOOO shares consisting mostly of St Paul Lonisville and Nashville and Wabash preferred This increase in foreign exchange caused a drop in sterling rates to 138 to 4 89 but money continued close at It to VL per cent The confidence displayed by Joreigners caused iiome operators to take courage and a general rally ensued Manhattan rose from 12a to 130W General Electric from 58 to 77 Sugar fromj 52 to 74f an Chicago Gas from 59 to 72 The railways recovered 1 to 5 The aetualrares for foreieh exchange were 4 83W to 484 1 for bankers day bills iH 83 to 486J for demand st into 4 szjftor cables It became evident there would he no gold shipments to morrow Money meantime advanced to SO per cent Then came another thunder clap in the suspension of AV Patton and call loans advanced to 40 causing stocks to weaken again Man hattan broke to 123 Cordage and Electric i72todSttgsTto70 At 10 oclock money had falleri to 18 to 20 and by 2 oclock to Owing to heaVjofferiricsot fttfids fly commission house stocksbecame comparatively calm The sales bf listed stockr at the latterhbur were 444000 shares linhstedr 202000 shares Stocks then became sotnevrhat fevtrisnv but in some instances above last mahts dosing yt i lAta rSx money was easy at AV Jn customers have oeen commodatioii cpnsistentwith safe bank Inev The nresent slmrm is believed hvhe nm ply Wall streets recognition of the gen ciaj winituui oi iraae xne Diownas only hurt thusfarwhere there has been inherent weakness through overtrading The situation ih the street outside certain linostrials andispecTilators in them is lieved to be sound Mysterious rumors flew ail day everywhere on the street AddisbnCammaets name was mentioned among theoearsv and there were few prominent foperator on the street whoenames were notion nectedin some wa4 with sensational re ports What Was SamesE Eeene doing over in Exchange Place was he loaded Iwita sugari tie was Teponeu io oe witn ViAyhite yet hegave no sign It was saia tnaine naa nmoaaea sugar tfiat he did hot owria dollars worth of cordage and was safe He saidinothingj however andletthe rtoorsnyJ After thegavel had fallen and the battle Wasbverforthe day the men went away iri quieter spots and looked the situation over In well informed financial quarters 1 the feeling grew that the worst had been seen and rrom tms time on matters will improve On this theory whichhad to some extent obtained before the close and on the fact that certain houses whose nanfes were freely mentioned as being in tronbleearly in the day pulled through all right there ha been a re vnlsion in sentiment and prices bounded up almost as rapidly as they dropped early in the dayj 1 After jscannihg the situation after the close toniay bnei of the governors of the Exchange and amember of dae bf the most conservative baivking houses said Idoot careto have my name used butyod may say formethat Ithink the worst is over nbwr When Whiteiailed thellasfc bubble was punctured andwe reached the bottom We already had a prettysharp rallyj andwe shall probably have pthersV withfsome slow liquidation I do not look for any inore failures There may of course be some but they will be i small order and will have ho appreciable effect on the market jThere has been a great deal Of inoneylbsof course la this freat decline but a good deal of it has eenin margms which will nothow the Exchange ill this was not a bargain day then there never was one on the Ex chahge A rumor obtained atone time that 8 White would oe taken care of hycertain of the sugar magnates ThiSj ihbwevery could hot be traced to any reliabje source Bcommohconsenfctheturninfe of the tideis credited ib the exertionsTbr Drekelr Morgan Ca and the yanderblltsr Jt is generally believed that several important houses at thsclose of business hours were eonf roitted With what arroeared to he in evitabtefailurel The enormous losses1 in the last week the titter demoralization of the buying power in the market and the practicat paralysis of credit promised liquidation that tinless stayed would have swept them off their feet But the nightand early morning had been employed bv tevery strong interest which realized that the weak must be saved at anvebsti Bankers and banks alike Joined hands witn a determination to avert tne threatened danger but itcbuld not be demon strated at once tnat tne situation had been controlled Not until after further extensive liquidations in certain directions had been accomplished jyas the market reversed ana tne quotations scudding rapidly upward told to all persons interested the story of rescue and recovery Of necessity the names of the houses whose suspension was dreaded must rfct main in confidential circles The means adopted maynbt be described but they were effectual Itisreported that William IL Vanderbift ind Bobert Goelet placed fSjOOOOOOInthegap The banks wherever possible gave the utmost credit where it was needed The tremendous influence ot Drexei Morgan Co was at the service of the street The weak spots were strengthened and the troubles reared by the whole down town community were iaea over Deacon Whlteraid to night that he ex i pected to be able to resume payments to morrow It isf currently stated thatthe Havemeyers the wealthy sugar men have tint no monev enonirh 11000000 it ii raidtp place White on i feet again The Canadian Pacific Bathray has isiuediu Rtrnfttioni that American currericv dvall descriptions memdlng sUver be arepted at ft jpTerthlirsTstemj 1 dnstnaUdosedi4ipmtslcthe KO AID rBOM THE OpyEBNMEjrr Trali Street Men Must Stand the Be suits of Speculation WASHt5GToy May5 The panickycon ditibh of Wall street to day thbughin terestingtb officials of the Treasury Department did hbtfthsd immediately concern them as theidepartirientii nn able to aid ihe situation there That the trouble is not seriously thought of is shown by the fact that Secretarj1 Carlisle remained at the iCabinet meeting about fifteen minutes and theff went home The matter Was noteven discussed The feeling among Treasury1 officials though they donot openly express it is that WalT street ipeemUtare brought the present condition npon themselves and ine uoienimeuii uiiuv su hsvujjiub sibleforit It is said at the Treasury thafthe time has passed when the Government can aid Wall Street There was fttime when the purchasing of bonds for relief might have been rendered but that condition has gone by as the Government is not in a position to take such action As far as the Treashry Departmentwas advised at the close of business to day no gold was taken romi the sub treasury at 5ew York for export Saturday Small offers of gold continue to come in andare being accepted CORDAGE COMPASX EECE1VEK3 Application Made and Granted In Xew New YoEKi Majf 5 In the United States Circuit Court to day Judge Wallace made an order appomting Youhg ind Oifrffe Weaver Loner receivers for the Jf ational Cordage Company in the southern district of Kew York Theap plication for the receiver is based npon a petitionof Augustua Ellis a stock holder The same reasons as tnose given to Uhancenpr mcuiu oi aew Jersey were atatedv i ii1 Pensions for the Coast WASHisaTbsr May 5 rr The following Pacific coast pensions were granted tp day vv Calif0ira Original Calviri Hensoiv Hirtl1Jttitt iHv nM Dawm Thn rifiuuiiu iuaucujiucvic ha icivC rwuu 1 TV Rirmro i ncrease Bernard Carlinsi AregoaxigiiiaA jsiuu Aiuiua xuuicr nan WashngtoriH3riginaliCharles Wii son increasev Schoonover ld wi jHayiiev 6pec1iOinspatchtonieCK03ictr Kiw Yoa May 8 Itis stated here in the morning jpapers that Huntington yesterdayjiegotiated forthe fale of properties Controlled by the Southern Pacific 3ladroggregating600000 acres carrying with them he ntroi of 500000 acres more The amount of inoney involved is bUer 2OpO0Q0y and the negotiations made by Huntihgtbh are with a eompahy of capitalists of 2ew York Chicago apd Denver represented by John Stratton The sale which is effected includes the Salion lake that strange phenomenon of Sputbiern Caliibrhiawhich by some mysterious draihage was sfiiled with water centuries ago Salton lake therelpre has pas3edfTOmthecbhtr61of the Southern Pac capitalists who propose to make a pefmanent lakebf ii Their estimates are that itwilt fttrhish a reservoir thirty mflM longwithanayerage wldthbf five miles and that they will be able to make use 6t it so as to causeitt be a permanent lake withont Reference to a ppssible inflbw from the sea If the purpose of the capitalists be realized thejntiretetrt toryof Southern California ahdbelowthe national boundary in Northern Mexico will be so reclaimed that it will be possi ble tb establish there an empire of more than 3000006 people hbt only abe tosuppprt themselves but furnish the east end pi Europe with fruits honey nuts and some vegetables which the soil is abundantly able to produce i ne synaicate nas seenrea possession ot niore than 2000000 acres of land 1000000 acres oi which are in Southern California and therest in the pear shaped strip at the northern end Of Mexico near the Salton sink They propose tb build a canal for the Colorado river at a point about 100 miles north of Ynma andean equal dis tance south of Eureka canyon This canal istobe simDlv a new channel for the Col orado river It will extend thrbuehoufej the entire Salton territory ana will also be carried bvanother branch into Mexico with the expectation thatit wiUbe posi sible by means of these channels or canals to irrigate the land in Southern California and the L000000 acre in Mexico at the head of the Gulf Of California 4 There is ahother territory on the east side of the Colorado river in Lower California which mav ultima telv be reclaimed and through which the Colorado canal is ut duiii immeaiaieiy iaai aoweyer is part of the estatewhich the California courts have recently decided belon ged to Florence Blythe Owiiig to litigation entailed by the contest of the will of Blythe it has been impossible to make arrange mehtsjwith capitalists to develop that country There are more than 1000000 acres and no doubt within a few yearsit will also be developed by irrigation from the Colorado river Huntington said as he laid down his pen after signing the contracts of sale If I were fifteen vears younger I should abandon rh railroad business and take hoUtdofs this development of Irrigable lands in Southern California and Northern ilcjcico lam satisfied that it is possible to develop these lands so thatin tte course of ten years they will represent a valuation of front 15000000 to 20000000 Ithink however I am loo old tp goinb new enterprises But I am gladto have lived long enough to realize thatthis splendid country is to be reclaimed by the irrigation plan DOUBT ABOUT THE SCHEME A Suspicion That Salton Loiice Would Not Mke a Good Beserrolr -It is evident from a close perusal of tha foregoing that the persons responsible for the statements are somewhat at sea with regard to the facts It Is made to appear that theregion about Saltonjs to be irrigated by a canal taken out on the east bank of the Colorado river Since the Salton basin lies far to the west of the river in question it is not apparent what connection there can be between the canal Ph its eastern side and this basin But granting that water Is to be diverted into the Salton sinfcfdrthe pur iwuoi establishin there ft frreat reser voir it is not apparent of what use it wonid be alter tms is aonaj ine salton basin as has been explained timeand againis from 200 to 300 feet below the sea level while the land to be Irrigated is at various neignts aoove tnat ieveLii ence while it is easy enough to fill the basin with water it would be a Duzzling task to cet it to run put upon the lands needing irrigation sj it maue to appear mat me entrre desert can be reclaimed taking in millions of acres both in California and Mexico No reservation whatever is made on this point The fact is however that while there arein reality Jarge areas iff what is known as the New River country Which can be reclaimed bv irrigatibn there is a far greater proporticn which is made up OI smiting sanua ana aisiuiueposits niutu are no wand must always remain abso lutely worthless apd irreclaimable It is probable that this enterprise is the samebnewhich is being extensively advertised at the East bvthe Colorado River Irrigation Company Those advertisements are worded In the most seduo tiyefashion of the boomer They announce that at present there is neither land nor water for sale but shares of stock areoSered a 50whicb the advertise ments say rwfr suppose wiu oe wortn ttOOO when half the desert is irricatedr There isnothingto prevent any onerof course supposing inar tney wiu oe worth SlOOjOOO each wnen tnat uapossi du itv Rhall have been consummated The calculations of the enhanced value of the stock are made noon such airy assumntions as this Within three months after obtaining water these lands will nroduce 50 to 150an acre in vege tables In two or three yeara the fruit trees wilt bear and in fifteen years wiu leldjoOO to 2500 an acre yearly If the company which is said to have bought these desert landshas irr view the carrvih outof the famous broiect bf Dr Wozehcraft who forty yearsago set bn foot a plan for taking water from the West bant of the Colorado river and rei claiming a considerable area in the New river country well and good That prtf ect has been examined by good engineers and pronounced perfectly feasible Bnt the idea Of filling Salton basin and draw ing on it for irrigation supplies for land above its level may well le classedas somewhat chimerical Hastr won General Mitchell second VaptainiBanetnrrd iimeia JFifth race five furlongs Ithaca wonr Enrperof Billet second JJbubtful third Ter1f Kiaytii4XjMayJ57rThe traci was fast First race six 5urfongsilke rbhr Hbrace Leland second Pxettiwife third Timetil5K Second race four furlbngsv McLight won Pat second Saddlebags third Time 050 i vr Third race handicap one mile and seventy yards Maid Marion VonFtaneis ropesecond lasco tnira iime a4 Fourth race one mfleWTennv Jri won Forest ilose second XbnfcTen thircL Time445 inn race six iuriongs ra iajior won Issb second Jreedom thirds Timei lai i-Sixth raceixfurlongsEmpressPreo erick won Banger second Flower Dellis third Time ilitf yM WasBTserbir May The Bennings track was slow to day First race five furlongs i Early Blossom won Industry AfVAn ITItvnmtA tKifvl TeWdr tCln Second racemileindasixteeath xaenmout won lndiga econo Auatsine third Timel54K Third race hanchcapv six furlongs Belle vue won Marguerite second Ross third Time 117 FPurthraee half a mileFelipa wonr Lesbia second Clarrus third Time 051 Jifthv rice mile and a half oyer six hnrde Ecarte wbnPat Oakley second Eeturh third Time239 LxxisoTosr KyO May The track here today wai fairly good Iff the first face of sixf urlongsOliver won Chirms second Caledonia third Time 112 Second rece fiiteen slxteeriths of a mile Kocklaidley won Happiness second Lncknbw third Timevla Third racer handicap of a mileand prie efghth Buricard Won Old Peper second Sweet Blossont third Time 13 Fourth racehalf mileZophillies won Sister Anita second Bunyaro third Time 052 Fifnraeefivefurlongs Pittsburg won Cedac BrboksecbndV Powder third Time ltoct tOOKUtO FOB TSEBS 3I030ET Troobloln the Camp of Messrs Boe and Jaekseii CRbethe chieL and Jackson the assistant chief of the Pacific Mer fcdahtsrahd Marine Patrol arenbt popu lar 4tpreseht A numheitOf men whom they employed to protect vessels In the harbbrand to assist iff standing off tfi CbastSeamen in the Interest of the Shipi owners Association are clamorine for ihbney which they claimed tobe due tnemi some ot tne men aeposiiea iior uniforms and it is said that they have not received eith at the dothes or a return thembney It is alsoeaidthat Roe two weeks ago took ten to Sin Pedro and that some of them got so financially em barassed that they had to pawn pistols and other things to get back here Areportercalled at the office at 203 East street yesterdayand was informed that ai it oe was at ixs Angeles ana wouia ne paccon Jipnoay iiiiiiMi innuatlapFnzK Presidte liaiM ict i Mr 3ttin Beivails the tacfc bf Patrlotisa Manifested oae pi the States AN ABXt MOBirprG BLAZE A Small Grocery Store Almost Totally Destroyed ly Xlre AT 130 ocloclthisorhinc an alarm bf fire wssrung in from borl57 The fire ieccurred in a small grocery store with a barv attached run by a widow named Mrs Ida pn the corner of Alice and Fpl som8treets rThe fire was of mvsterions bririntno one seemed to know anything about it A strong smell of coal oil filled the place The woman who ran the concern was sick in bed iffa room adjoining the store and claims that considerable Hroney she had saved and stowed away beneath a mate tress was lost Afire from an unknown cause at 553 oclock yesterday morning did 500 dam ageto thebuilding at 123 Stockton street occupied by the California Undertaking Special Irtspstcli to the ChosicI JJxwXpkk MayIhe i ral correr spondent ih Jliode Janeiro tfTegraphs that in hU messaged the Brazilian Congress President Peixotc refers ia jtrbublci in Rio Grande de SuL PresidenV Peixoto says he has found It diftV cult tor cbnsolidafe ii States of the republic on account ot the many Jj ppstacies wmen nave peen tnrowninthe way The outlook ipweverris proauV ing It Is the desire of theGpyernmeh the President says to suppress the reTolu tion in Rio Grande deSulas soon ais possible The condition of affairs there doct not indicate that a high ordero patriot isnT exists among the people of the State The disorders Jiow existing the Presi denf says are not bo great as those which were constantly rxcurring during the iast yearsof the empire and he hopes there will be a speedyend of therevolution and a triumph of the legal forces The territory has beiinyaded by reyd lutionistswho ieall themselves Federals and aid has been extended tdGovernot Ctilno according to the requirements of the Constitution Presideht Peixoto in other portions of his message proposes reforms in the election laws and in measures providing proper sanitary regulations for the city of Bio de Janeiro Ii proposes to preserve peaceful reUtions witn other nations and to maintain Braiils rights in the Mis siones dispute The President asks for authority hv creaee the eCciency of the arih vy and for the construction of new war ships lie recommends the removal of thecapital to theinterior Fire hundred thousand immigrants are expected tq arrive in Bra2il during the present year In regard to the financial condition ot theeountryV President Peixoto says the receipts for the present year will be 22S000000 centor and the expenditures 286000000 centor A large quantity ofarms has been seized atBahia They had been shipped to the Vevolutibhists of Saepuecb One thousand rifles have been sent to the Governor of PernambneoV to be used in suppressing the proposed revolution against Peixoto Curious stories have been circulated in regard to the action of Admiral Wal denkor It is reported from Bib Janeiro that the Admiral has gone to Salt river off a mission for the Government huiirbra Montevideo comes a story that he has gone to Salt river to join the reyolutionK ists Xa iVowo published ia Buenos Ayres says the Admiral will soon return to Rio Janeiro1 and oppose Peixoto in the national Senate Thft JTeraidV xbrresrjbndeht In Mm I tcnues leiegrspas iufc cueri iuaruua and otner revolutionists nave received news from Bio that a demand nas been made nnoh tTrugua for their surrender to fBraiit A diroatch from the HrrtMr couest6nd ent in Buenoa Ayres Arrtntiaa says box43 Company Anf alarm WMirrirlgomtPresM held ailoageon fehcesrithPelligrihi ih relation to th pohtrcalsituatibni PelUgrini hasbeehln vited to acceptthe ortfblio bf ihe In terior in the Cabinet ShPuld be accept Bomero and Victorio1 WBl Tesign and Escalante and Compos will take their plaeea HElSvFATAILTlTimT 2AKE TBACTCEES SKULLv BIS Be rails Down a Flight of Stairs Yhile Safferlag In ail AtopiectieTiti VAS BCSpCESS MAX Gerard Kemy Known at Eureka as Gerard 3Zemyr the young man Whose adventures with a shrewd crowdf confidence mena few weeks ago cost him 1500 is well known to residents of Eureka where he has an interest in a fruit land land orchard company Bemps gulli bility ana lacK oi lupgmentin nis aeaungs with the bunco snirnersis better under stood when it is known that he has gone throuch considerable money bv misman agementpf bis affairs Charged With Stealing Jwelry A warrant charging Pence with embezzlement was iisued from the Police Court yesterday Pence was in the employ of the Occidental Watch Cbmpany at 24 Post street until last February when it was discovered he was short on stock He is accused of apprbpriatinjc Jewelm belonging to the firm Valued at 257 60 It is sutea tnat ne una tetter con teasing his guilt and declaring he would be in British Columbia before his peculation would be ascertained Ti i Xewsparier Thiava Arrested tjit tar btiA Tfriil rtnnlflfK 4vn fa iiM iiw ZLu ROgilvie at505 Powell street to Injuire on Jones street early yesterday morning itf trimiTi Raring kwg steaiingiiewspapers from doorsteps They I ly rt6d 3c Wyi were found guilty of petit larceny and had just reached the top step whenheat Judge Joacbimseh sent them to the Boys tempted to turn around to ask another and Girls Aid Society to bekept for sixty question Before nehadiime to dosb he daj A large bundle of stolen papers Lstaggereda little nd fett faceforwaid recovered from the yonng thieves down stalri a distance of not more than r7TrrrrCrr I ten or twelve ieeh His head struck aussinff man tliviir itn mm i nv Charles Henry A middleagetmaii who when Ogilvie went to his assistance he was Colonel EdmohdTi Zane a yerypromi nent resident of this city and for some time past engaged in the real estate busl ness on Montgomery street between California nnd eacrnmento slrtcts met with a very serious and undoubtedly fatal acd dent last night Shortly before 6 oclock he walked down stairs to the basement of irre residence of has beehemrjloved as a cntterrih Nolans boot and shoe factory disappeared last Saturday and has notbeen seen since unconscious Zane was placed In a patrol wagon and taken to the Teceivinj hospital where it was found he was suffering front afrac AXOTaEBsKAP trepanning theakult found that Zane lad Elegant line of negligee ovenhlrt usually fSi lSJ uuVi Sold M75 cent aadfl most att be tnored at 80 IX lthA hltVJr 7 cu each a stiUlieuerllne a the same gocdi i 1Ieyed physicians that he had afit rich patterns sold elsewhere at fi T5io be closed ot apoplexy when he staggered and fell mt 1 Ymr P1r Avriirta RAhnrMttwi i OOWn StaiTS regular prices S3 60 and St jwin to with a rash lX5olbneI Zane lsf a riative of Wheeling bj ana is tooat Tarn a a was a Colonel in the Confederate rmy atsa TlD feamleM socles Is tana and browns Vc and Is about TO yearB ot age He was ts uuionu in Ln LjoniMirnu mrmT VSSffiSSJnd through the death of his father lei its per pair French BslbrTrean socks Their to considerable property in the 3outh all wool sock 20 cents per iar olacK socks 19 socks 20 cents 2hS rSsS1SS4nfSuS5 States He it a lawyer ty profession notandweroSnlmS hutte some time past has been engagei each twrtre ttread Balbrifgan shirts and draw In the real estate business At one tunft era 80 eenu each Ylcnna aierlno sums and 3 was iff the emtHOV Of the SanFrahciscO Bers cents eachj natural wool shins aad rtJ vS I 15 rVfCI crswers jsu cenweacn camei nair wool sairta 2Vyvij vtvj uc na arswers ctdw eaca laei gn sura ana crawsrs vo cents ana rew iranswicK unaerweari to be thrown away at tu lankrnpt sale stock residinrwith theifuncle onthccorneT of ef Brtckwedel Phaen boncht by 1 AMerle iCFarreil and Franklin ttta rUnsl from the Bosrd otTraderaow removed ta the Old i wli 2 Jl Ij i2i I comer of Kearny and Commercial Zane has been a resident of this dty for streets thepast twenty five jaarsv KAS XX MAKT TRACKS TTlnnlng Harse In the Eajterh Baces St JTiayi Thelrafc was gcoi First racet six furlongsyplunteeji won Arthur second White Wings third TimeIiiTH Secondracejfour furlongs CfafaWhite won Winedots secbhdj Bpnedoctbr third Time iJ60Jf Third racesix and a half furlongs St Jbe won IZampbst second Winnie Gee thirdt fTIme CJ Fourth race six and a fijdl furlonfffr GQJNjGtiCjAiSa Pic nickiiig ilshing at Hubtin ii so will iiot fail ito appreciate the advantage takings along a supper of thd mmiMiiMm ndenseotHnic Ifc is most delk cibusih cpi1eet fe hpjcfjlar numerous hummer Mritil Eor 30 ysats the leadiriraiid Your Grocer Drauqisteil it coace andlctowlate ustoa um Ult yiis jy Sa CiasiftiaSESftii ls.

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About San Francisco Chronicle Archive

Pages Available:
307,400
Years Available:
1865-1923