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The Inter Ocean from Chicago, Illinois • Page 3

Publication:
The Inter Oceani
Location:
Chicago, Illinois
Issue Date:
Page:
3
Extracted Article Text (OCR)

CURRENCY JO SPARE SS the i Treasury Prepared to Furnish Plenty of Small Bills. Uncle Eam's Pile Growing Larger. St. Paul Banks Grew Evidence, of Their Ability to Maat Any Cmar gency WArarvo-ro. IX Aug.

4. Treasury ef-ielaJ a la to that tbe treaaary la prepared to aapply all too assail currency wanted, aad too lack of Sack currency la certain sect Iocs of the 'country la aeeoaated for by the supposition either that all money 1 aeareo or that the bank a ha to failed to pro-rare of the treaaary the small notes needed for home eonsamptlon. At no tlaaa la resent yearn baa so aaaeb aaaall money beea seat to New York, aad the lark of a mall note there eaaaot be accounted for here except oa the theory that aaaeb of It la being boarded by those who receive It, thaa withdrawing It from active circa la tion. ElaeeAsg. 1 the Comptroller of the Currency baa ordered currency printed for laaao oa, the security of Vailed Mate bonds for National bank cireulatioa to the aaaouat of of which ll.4c7oU) was ordered to-day.

The actual aaaouat Issued ea bond alaeo the flrst of the month baa beea rMM.ua, of which 1711.070 Va laaaed to-day. The bond deposited to secure eir-relation aiaeo A a. 1 aaaouat to 13.04300, which was deposited today. It stated at the Treaaary department that there la no likelihood of the revs motion of the laaue of fold certiorate until the free gold stands from seven to tea sbIV-lioa dollar a bore the reserve. Their increase ran only be aatboriied by the S-cre- tary of the Treaaary, who has not yet given aay instructions in that direction.

The free rold now amount to nearly fJUO.OOU. The First National bank of Duluth. at lt owa request baa beea dlron-tiaaed a a United States National depository bank and the First National bank of St. Paul, aubatituted la it stead. CVRRCCT AT A PREMICX.

Bsskt Xefnee to Cash Cheeks foe the Psr- fin of ttpecoiatloo. New York, Aug. 4. Depositors In hank are using enery possible device to secure bill to sell to brokers at a premium. The baaks are refusing to cash cheeka unlesa they are sell satisfied there Is a neceaaity for the use of earrency.

The president of a leadinjr National bank complains that the banks are being treated unfairly. Some people have beea selling the currency at a premium and to-day were presenting checks to obtain the currency for their pay-roll use to-morrow. The demands from the Interior are still very heavy buf are generally refused, alt hour the banks are held to be supplying escry legitimate demand both in aad out of town. They are sending about I75.0UO daily to small manufacturing towna km New England, where the maaufaetarinjr eoneeraa are distressed bv the want of cur rency with which to pay off their employee. The sub-treasury to-day refused to par on ilver dollars oa the preseaLxitlon of a number of thousand dollar greenbacks.

The full limit of silver certificates has beea Laued against the silver dollars coined according to law. and only silver certificates or treasury notes will now be redeemed In silver on demand. The scarcity of currency ba led to a peculiar condition of affair la Wall street. To-day a money brokers re concern at one and the same time was offering- 1 per cent premium for rold and premium for currency, so that toe usually discredited money was worth more than the yellow avetaf. Money on call was quoted at 45 per cent and up to a late hour stock exchange borrowers bad no di f-aVrulty la supplying them their wanta at the Srures named.

There I no time money nor Is there anything- doing in mercantile paper. The loan committee of the clearing house to-dav iaaued tl loan certiorate making the total outstanding fM.SM.UUO. Tbe aab-treaaury was f7X-eu debtor at tbe elearinr house and paid la treaaary notes. Bills still command a alight premium. The market for sterling exchange was barely steady on a restricted kuaine.

Commercial bills were more plentiful on account of the comparatively blr her rates. Posted quotation are unchanged at HMK and Lending rale for stocks continue to rule hirb show Injj that tbe short Interest uncovered Is still larre. Wnt(KtD BT CIIEAr TITt. FaUiac Fries Cass the Downfall of 'ew Term Importers. Nrw Yoaa.

Aar. 4. N. L. Coet ft Importers of tin, tla plate and other metaU.

made aa aaslrameat to-day, rtvin preferences amounting- to f34.J3Lt Frederick G. Dow. the aealrnee, said to-day that the liabilities are about 1X0 0)0. lie eoold not tell what the aaeeta would amouat to; they are larre. consisting of aterebaadlae, bills receivable, outetaadiax ae-ount.

aad property. bad made larre Importation of tla aad tla plate, the price of which ba rone dowa considerably la the past few mouths, ieavTSg- tbe firm with a larre stork ef metal on hand. S. Jaeoby Jt' cirar man a farts re r. confessed ad (-stent arrrcrattar FJU.Ouo.

They renerally carried a stork of luD.OUU aad bad a larre a moo at of oatstaadiar aeeouats. Their attorney said to-day that the liabilities are about llSO.ttJO. Tbe asset are larre. eooalstlng of stock, ae-eooats. bills receivable, aad plant.

Wa-saiieTo. D. C. Aar- 4. Tbe Treasury adief that the National Cermaa-Amerteaa bank, of hU Psal.

capital T1.M10JMM: the First National beak, of Hammond, capital IVJ.ijia). aad the CI tiaras' National bosk, of Moeeie, lad capital taw closed their door this asoralar- The Comptroller of tbe Car-reaey ha appointed I. W. lawler, a bank examiner, aad directed him to take rharre of the failed liermaa-Amertcaa; Examiner Ford I aaslrned to take char re of tbe failed CltUene. of socle.

1L. aad Examiner Packard of the failed First National, of Uammosd, lad. JIaumusd. Aug. 4.

TtUvmm. A placard apprarvd upon the door of the First National beak this morning, aa-aoaaclng the fact that they had impended payment. 51. M. Tow le, the presides of this institution, has beea the atatasLsy of 'every en tcrpriae that has ever beea projected la the Calumet vallej.

aad doubtless much of the cause of the present embar-rassmeat due to short loan aad aa inability to realUe on outstanding contracts. The assesta will fully cover deposit. Lxaasox. Aug. 4.

The Lebanon Trust aad Safe Deposit Bank failed to opea its doors thla morning. Tbe announce asoruing loe annouare- ment made was: erdcr of the 1i rector State in tit at Ion It I bellevcA. that the suspension is but temporary, aed that all depositors will be paldlafull. It will have bat lltt! If aay effect ea the other bsnk. Px-ivta, Anr.

4. The Equitable Accident Insurance Company has beea I seed in tbe baad of Charles B. 51 a sou, receiver. Its capital Is tXOCuo, with a sarpls oa band ol tlOO.OOO. Tbe eoneern I considered rf ponsible, aad it ie believed that there will oe no losse to It patrons.

recta, Aug. Tbe Citlaena' National bank, one of the oldest aad soundest In this city, suspended this morning, yrostdeat Kat eood claim that the assets are aa two toooa to liabilities. Sax ArroxiA, Texaa. Aug. 4.

Tbe Tsxa Kational baa whlcQ faiied to opea its aVaor thla moraiAg, 1 the tmalletl la city; capital stork. 1100.000. The lie- are smaiL 1 he lul a la lenient only ITS. 000 deposits. PrmacaQ, Air.

4. William Rrmple president of the Pittsburg and Akroa Railroad, which la la receiver' hands- to-day confessed lodgment for la consequence of Im trouble involving tb rood. Niw Otuin, Anr. 4. The Texas National bank, of Kan Antonio, failed WILL BRACE UP BUSINESS I open it door this morning and bow Is in I Im nud ef the hank examiner.

TK rm rv. Ital stork la 1UO.0UU. OZ rree IXHCl I beak, or Colby, closed It door this mora Uf. The beak bad a capital of aad aepoaitor a boa I fou.uuu. Imotiu.

Anr. 4. Yaerer Bros. controlling large lumber nad saw mills a Welcottvtlle aad CromwelL hare failed. Their money is tied ap la lumber.

Lea so. Anr. 4. The Lebanon Trust aad Sato Deposit bank failed to-day. It is a htate iaatitutioa with ftSO.OOO capital.

biocx crrr, lows. Air. a. pertai 2 a rem. The W.

If. Livinrston company, dealer la drr roods, weat Into the hands of a receiver here to-day. Sldne Clark la receiver aad will close out the boa aess. The eompanv has liabilities of HA, 000 aad assets of CO.OUUL The reeeiver- ship was caused by com plication growing out of the death of W. 11.

Livingston, for merly manager of the company. BAD MOXCT FOR ALL ruad Bask Olvo Amoto Kvtoewoo Their atoMUty. ST. Part, Mlaa-, Aar.4. Sptthd rrlepruam.

tit. Paul stood tbe flaaaeial aback to-day rruadly. The suspensioa of the Notional lierman-Amerieaa bank was learned from the mornlnr papers, aad at 9 o'clock lour lines of depositors were la front of every bank la the city. The outlook wss rloomy aad predictions were freely made that the six or rirbt financial Institutions would ro down before banking boors were over. Ex tra tellers were pot to work everywhere however, and those presentlnr checks were paid off promptly.

At 11 o'clock the Pro-pie's bavnk. a fetate institution, closed its with the announcement that depositors woo Id be paid la full. One hour later the West hide bank, al chartered by the State, announced that it had run short of resdv funds, and closed It doors. At 4 o'clock, the rerular hour forrloslnr. tbe re waa still a roodly aam- oer oi depositors is Iron! of tbe tellers' windows of some of the banks, but tbe door were not closed promptly in any of them, and the Uermanla and First National kept open until 4 o'clock.

Few depmitors. however, appeared after 4. and It is believed toe ran has spent it force. The elearlnr-bouse statement to-nlrht made a much better abowinr than was ex pected this mornlnr. and business men are learning- at tbe stampede of depositors.

It la announced that Jjianicl W. Lawler. late candidate for Uorfnior of Minnesota, ha been appointed examiner of the lierman- Atneriran. and that the bank will reopen for business not later than the first of Sep tember. All depositor will be paid In full and if the bank wa forced Into liquidation the stork boldrra will ret at least 50 cents on a dollar.

All bills receivable exceed the deposits by almoot two million dollars. The soKpenslon of tbe People's and West hide bank i really unimportant. Neither had deposits amounting- to over eHMKU. The nnt aerious matter connected with either la the tvlnjr up of eitv and county monev. The Propie'a had tJV.jUU of county aad 17.1V7 of rlty money.

The West Side bank had of county and til. 110 of city money. It also had of State fund. PrTTrao. Aur- Sorrlol TrieorrrV A a result of the Jud-rment entered yes terday arainst William scrapie, president of the Pittsburr.

Akron and Western railroad an execution waa iaaued to-day and placed ia the hands of tbe sheriff, it was followed up by a su't entered by Neil Morton arainst Mr. Semple and W. V. McCraeken. aa associate capitalist, to re-rover fri.Kny 73.

The money is claimed to he due on two note riven in February aad March, payment oa which waa refused whea I bey fell due. The whole trouble arises oat of tbe Pittsburr. Akroa aad Western railroad's going Into tbe hands of a receiver. It la said a number of wealthy New York men are back of the enterprise, and tbe appointment of a receiver will rive them time to accommodate themselves to the situation. ALL1SOVS OPINION.

Weald Kepeol the fcllver lurehaae Class of the Sherman Low. Drargrx, Iowa. Aug. 4. Special tit gram.

Senator Allison, who will leave for Washington to-morrow, was Interviewed to-night. He expressed tbe hope that Congress would repeal so much of tbe Sherman law aa re quires monthly purchasea of ailver bullion and adjourn. He would not undertake to predict what woold be done, as tbe Democrat were not ag-rced among thcmsrlves, some bring- disposed to go Into detail and to merge tbe extra session Into tbe Decern' bcr session. -Dues tbe administration owe It to the country to present a tariff bill to the extra elour be wa asked. tm tbe eootrurv.

the least said about the tat iff Just now tbe better." was tbe reply "It would not serve tbe business interest of tbe countrr to agitate that subject a present. Let us get tbe present difficulty off our bands before we take on a new What do you think of tbe anggestioa ia Governor Boles letter of declination that la the campaign In Iowa this fall National Issues be eliminated aad tbe prohibition I question and the reformation or state Insti tutions discussed exclusively -It Is utterly absurd. No, neither (iovemor Boies nor aay other man eaa eliminate National laaue from tbe contest la Iowa this fall. It la ia the aolutioa of Iquestioaaof tbe Nation's welfare that the people are Interested now. aad they de mand to now bow every public man stand oe these questions aad what tbe teadeacie of parties are eraceraleg them.

-Uoc-s tbe declination oi wovrraor Doles mesa defeat for Drmorraeyf -He was their strongest man. but no Democrat eaa carry Iowa this OWM A QCARTCR OF A MILUOT4. fodkaaa polio Cahtnet Cosspaay Is tf set gaged fee That Aasowat, IxplASAroLI, Aug. 4. gprrkU TcJe- erem.

The statement heretofore made aad denied that tbe Indianapolis Cabiaet ei paay. la "which Theodore P. Uaugbey la largely laterested, was Indebted to tbe suspended ladlaaapolla National bank, of which Theodore P. Hanghey I president. for waa verified to-day by tbe dl euiety of a mortgage ea the records la the Recorder' office glvea by tbe Cabinet company to Ha a bey a trustee for tbe amouat specified.

Tbe mortgage bear date ef February, 1690, aad tbe loaa'U to ran for tea year. It 1 stated la tbe ord that tbe purpose of tbe loaa 1 to Increase the business of tbe company oo tbl and other continent. Tbe amouat I divided la to bond of the denomination of 1. 000 each, and oo each bond there I a stipulation that the company 1 to set aside a slaking fund for the redemption aad cancellation of these bonds of not less than fl VOuO a year. There I no pu bile record of tbe number of these bond that have beea sold or to whom they have been sold.

The arainst the Cabinet corn- amo.nt ap Poy tor taxation f. "i Jf ttoa asaumed by tb with a capital of 3O.O0a the rty thf amouat assessed is be property of tbe 1145,000. The obllga- mortgage cover all company ia this city. Richmond. Boston.

New York, aad London. Tbe mortgage will not be due until 1903 and has not run long enough to bring about an Interest day. Crop and loe It Need. Rata. Paxtosj.

III. Aug. tSptat TtUgrtm Oats ars be lag lersahed. aad la returns coming la shoo various yields. The averse la about thirty.

Rv tms ha la per acre. Cora la not doing well under the coailaoed drought, sad must have rsln soon to maa a crop. Pasture aad stock ar also faOerin-for rsia. fcmail frail la e.oine iauaj wwm i. ALT A PAY SATED.

If you rotor to Puret sound buy your ticket ever the Konaera Pact Be No. lift houta Clark IrtKl, Chicane; aad aart aaj Oar a Lravtl, THE DAILY INTER OCEAN, SATURDAY MORNING, AUGUST 5, 1893. RECEIVER IN CHARGE. James IL Walker Dry Goods Company in Trouble. IS FORCED TO SUSPEND.

Condition of the Honey Market Given as the Cause. Attttt of the Concern Declared to Da Greatly in Exeat of the Uabilitiea. Tbe well-known 'dry rood house of the James H. Walker company yesterday passed into the beads of receivers, Willie A. Mason, a member of tbe company, aad tbe Chicago Title and Truat company being appointed to act la that capacity, together with a third party, who will probably be named to-day.

Tbe total liabllltlee are estimated st No statement la made as to tbe "sJtsets, except that the company will pay dollar for dollar. Tbe following notice waa sent to tbe creditors yesterday afternoon we rewret to repnet that It has beea found aeeeaaary to place the oompsav la the asada of receiver. Tata srUoa waa determined oe after every effort si home sad abroad was made to ob late i fx is to meet the of the com. pear- ll haa beea done la order to preserve the property Intact aad oniala the best result for all psrt le concerned. Tbe plaa la to liquidate the retail atoee.

waica aaa not oceu proniaLie. a meetlna- of the creditors will be held al the office of the rosnpaav. la Chwaro. on Saturday. Au IX.

la. si II o'clock e. m. You are earnestly requested to be present, aa a full expression of the views at iae creditors ia ueaireo. iuu Slaie- mcal will thea be made.

James H. Walsku Coxrur Buaa or of Trouble. Tbe company's wholesale establishment i located on tbe nort beast corner or Adams and Market streets and the retail store at No. ss Wabash avenue. The suspension caused little surprise In business circles.

as It has been known for some time that tbe com nan haa been Dressed for read rash. Owing to the tight money market it waa compelled some time ago to ask some of ita kastern creditors for extensions. Last Thursday tbe rumor was sea in started that the eoneern waa embar- sed, and these rumor were con firmed when a confession of Judgment for f.i.VM ii in favor of r- Noa wa entered about noon yesterday. Shortly afterward Attorney A. II.

CbetlaJn. representing A D. Juillard, John B. Claflin company. Bliss, Fabian at New York creditors; Colum bus U- Cummings, W.

B. Howard, and Irvinr T. Hartz, members of the company. and K. Noa.

appeared before Judge Windes. In the Irruit court, and made application lur tbe appointment or a receiver. Attor ney Bnrv, representing Jamea H. Walker. suggested the names of William A.

Mason, rcasurer of the company, and Mr. Walker, he president, for receivers. Mr. Walker was objected to by other stockholders, and quite a discussion arotte over the question of his appointment. cumnilngs was willing to have Mr.

Mason act as one of be receivers, but wished the name of C. Lav, vice president. substi- uted for that of Mr. Walker. Mr.

Burr, In support of Mr. Walker'a appointment. produced telegrams from business houses in New York who were creditors to the amount of over fTUO.OUO. showier that this credit had been extended to the company very largely on Mr. Walker's personal and commercial standing, and intimating that they would prefer to have some responsible guarantee or trust company take control of be business.

Tills opened to tbe court a way for disposing of tbe contention, and Mr. Mason and the Chicago Title and Truat company were appointed receivers. Judge Indes also said that be would entertain i application for the appotatment of a iru receiver to-day. This third appoint ment will be made very largely on the suggestions of a number of creditors who are pee ted to arrive in the city this morning. too atecetversais) nufc.

In the bill asklnr for the appointment of receivers It Is said out that aa execution on the judgment secured by E. Noa was placed In. tbe hands of tbe sheriff, aad tbat tbe James II. Wslker company refused to de liver any property under the execution, which was therefore returned, "No prop erty found, and no part satisfied." The complaint sets out further that tbe firm is Indebted for money borrowed and mer- handise, debt contracted In the course of business, which it is unable to meet. It is alM stated that owing to the strained con dition of tbe financial market tbe firm was unable to negotiate further loans to be used in the usual course of business, and that It was unable to collect outstanding obligations ia so (Helen sums to stay the encroachments of Ita Indebtedness.

The firm's assets consist of open accounts and notes of face value of and a large quantity of dry roods and other merchandise In the wholesale and retail stores. It also owns considerable real estate, the value of which.it ia claimed, cannot be staled, owing to the unsettled condition of the market. ror these reasons it deemed Impossible, aa well aa impractica ble, to longer continue business, and the appointment of a receiver was the natural outcome. The claims of tbe creditors wbo joined in tbe petit ion for the appointments of ceiver are as follows: A. D.

Juillard. Bliss. Fabian Ax John 11. lanin company, rw.ooo. Could So Secure Mr.

Walker, when questioned with refer ence to tbe receivership matter, said "The trouble wss caused entirely by an inability to secure loans. I cannot at present make a statement aa to our assets aad liabilities further than tbat we will pay dollar foe- dollar aad have a handsome surplus left. But la common with a number of large business bouses we have been pressed for ready rash for some time, and tbe rumor that we have asked some of our Eastern creditors for extension during the last few month la correct. To give a list of our creditor woold be to name nearly every large dry rood bouse In tbe country. To morrow morning both oor wholesale and retail bouses will be closed for a few days ror the purpose or taking aa laventory.

Tbe business of the former will then be continued, but the Utter will be liquidated." William A. Mason, one of tbe receivers. said that he could not make a statement of the company's condition, but knew that tbe aaaeta greatly exceeded tbe debt. "Tbe suspension only temporary," he contin ued, "and baa beea brought about by tbe condition of tbe money market. Toe com pany ba been aaable to make tbe necessary loans aad collections to carry It oyer the trinreat condition now existing, and It ba beea forced lato tbe hand of receivers while It 1 practically solvent.

Late yesteraaT afternoon Attorney Moses, fan A Kennedy, representing Fel- senheld Brother dt of New York, filed a petition in the Cireut court for aa order on tbe stork holders to 'appear before master In chancery for examination. The matter 1 act for bearing before Judge lades at soon to-day. DM a Bus tecs of Million The Jamea II. Walker company was in corporated Dee. 24, lifti.

Previoua to tbat time tbe business waa eonoueieo wnoer ine name of James U. Walker dt which succeeded the Chicago branch of A. T. Stewart' New York bouse about eleven ears ago. The original member of the na were James H.

Wslker, Columbus K. Camming, and W. B. Howard. From time to time new membera were aa milled to tne firm, and at tbe time of tbe Incorporation last winter the list included, besides those above named, O.

8. WiUiU and Jamea u. Walker. Jr. Tbe eapiUl stock waa placed at 1 1,500,000, divided among the members of the company as follow: C.

R. Cam ming. ICoO.500; J. H. Walker, W.

B. Howard, J. H. Walker, liS-flOO: O. B.

Wllllta, f300. Blaee the Incorporation W. B. Mason. Lay.

and T. Harts bare become members ef the company. The rarer are: jamea xx. Walker, pre idea Lay, vice president; T. Harts, secretory; W.

B. Mason, treasurer. A bo at 1,409 persona are em ployed La the wholesale and retail stores. Xs com paay has beta dolor boslBCM al about fS, 000, 000 a year, and until the last two or three montu has been regarded one of the soundest concerns in the city. There waa a general expression of aym- patny among those wuo aiscnsaea tbe appointmenta of receivers yesterday, and tbe nonora Die characters of tbe members of tbe eompanv were frequently mentioned.

in tbe lotted states court yesterday Oelberman. Donne rich Si Coof New York, commenced aa action ia asaumpslt against Jamea li. Walker, Colnmbu ti. cumminrs, Ueorre S. I lilts.

W. u. Uovtrd. and H. Maroon, one-of tbe directors, to recover an utile oteiinea of NINE PKRSO.VS aaa Yacht Carryta; a DROWNED.

Sunk la Lake George. companion was seriously injured. rarty Tboy, N. Aug. 4.

Speciol Ttitgram. Tbe steam yacht Racbael, while conveying a pleasure party of twenty-nine persons to a daaee at tbe lower end of St. Oeorge, last night, struck a sunken pier, and sunk In eighteen feet of water. Owing to tbe gal lant conduct of tbe male passengers of the boat, all reached the shore but nine. Fol lowing Is a Hat of tbe drowned Miss Hattis Haix Brooklya.

niHTiiA hk.ieuht. smitiwr, im. 0. Mina Kditu Handisu. Hoboken.

N. J. Nine H. M. HI'ktom.

Jersey City. Mas. II. J. Mm-HKix.

Burlington. K. Mmmix, Hurllnrtoai.s I.ixxia Oouijir. Hurllaatoav Cuka Hljii'K. Hurlimttoo.

I.IWI CLARK, Bridgeport, Conn. Four Wats. Aug. 4. Svtrial Ttlf gram.

Tneophllus Racine, a wealthy tanner, waa instantly xineo to-uay oy railing from a wagon load of bay, the tines of pitchfork enterinr bis brain. Charles Suter, of Peru, while out driving a spirited team to-day, waa thrown out on bia bead and waa fatally In lured. James Psuley's saddle horse took fright and threw blm off in front of an electric car. which rolled blm ten feet, causing fatal injuries. HIDRH'K, Iowa.

Aug. 4. MrriaI Ttlraram. A steam thrasher broke through the bridge over J3uon creek to-day aad Bud tanners and Lot Abraham, two of tbe crew, were fatally crushed. II BOX.

H. Aur. 4. ituu Ttlraram. An unknown man about years of age.

wboae former borne Is sala to have been Ottawa, 111., was found dead la a lodging- house here to-day. lie waa a carpenter by trade and la said to have a daughter ia Cblcaro. KotK Islaxd, 111., Anr. 4. Special XVIc oram.

Thomas Tolle, of Nebraska City, was run over and killed In tbe Kock Island railroad yards at an early hour this morning. Letters found upon his person Indicate that be was at one time editor of the Omaha t'rrrrt. Valt asaimo, Aug. 4. Sure lot Ttle- arnm.

Henry Berner and a companion were crossing tbe Nickel Plate track at Hess-ville yesterday in a buggy when they were struck by a fast train and thrown about sixty fee't, Berner's neck was broken. His AKLTLE. 111.. Aug. 4.

aerial Ttlf William Noell. aged 60 years, a prominent citizen of Flora, was Instantly killed at that place this afternoon by an Ohio and Mississippi passenrer train. PAYIXO EMPLOYES INiCKIPT. Eaetera Mills lasue Pay-roll out or Cheeka la Lieu of Currency. Fall Rivra, Aug.

4. This morn ing tbe Bourne mills put into circulation pay-roll checks, of Which tbe following is a imple: Pay to bearer In rleartnr-houae funds five dollar, and rhanre thai amouat to the account of Bourne Mills. Gioaul A- Cu Treasurer. To tbe Msssssoil National bank, Fail Hirer, Maxa. These checks are Intended to meet tbe situation resulting from the shortage In currency and will probably be accepted by grocers and operativee without question, Other mills will follow tbe example of tbe Bourne corporation.

Tbe Richardson Bor den 'manufacturing company will shut down Monday for a week. It ia ex per led that 700,000 spindles or about one-third of loose la the city will oe low next week. CKPab HArtPa. Iowa. Aar.

preol Ttlr aram. An order has be; la sat from the general offices of tbe Rapids and Northern road to the effect that, be ginning wrth the clerks will not work on Katardaya and tbat there will be a correspond tor redaction or all salaries. Tbe time at tbe shops has been cat dowa to eight hours each day and tbe men who have been doinr extra work nave been laid off. Amstksdaxi. N.

Aur. 4. John R. Stewart, proprietor of the Stewart Knit ting mills, announced to-ciav tbat commenc ing Monday only half of the usual force ill be employed, thus throwing liS bands Philadelphia. I Aug.

1 lie worsted' goods nisaufartory of John Bromley Sons closed last night on account of the de pressed condition of trade. Three thousand employes are affected. To-night Doak dl Sun, worsted manufacturers, will close their mill for tbe same reason and 800 em ployes will be thrown out of work. John Blood At hosiery manufacturers. have closed their plant and SOO men and girls are idle.

Numerous other manufactories of this class are worked on short lime. Aug. -4. Tbe Scranton Lace Manufacturing company has temporarily suspended work in 'all departments, except the finishing, on account of tbe depressed market. Nearly four hun dred operatives are affected.

GOVERNOR ON THE STAND. The Kansas Executive Test I Ilea Hucbes Cowrt-aaartloX to the TorxxA, Aur. 4. Special Ttttoram. This morning Governor Lrwelling took tbe aland as a witness in the Hughes eourt-martial ease.

Before answering the first question be said he desired to state that tbe story tbat tbe Governor, Adjutant General, and the Populist members of tbe court held a caucus last night was totally false. He then described the orders given. to Colonel Hughes, and said that that officer said tbat be would not obey them. He afterward said tbat Colonel Hughes did obey two sections of tbe order: first, that be should elesr tbe rotunda of the Statehoase of all persons except troops; Mwnd that he should nluts a rnsnl at earn entrance to tbe buildlnr. This Colonel Hughe did, but tbe third portion of the order to proceed to Repre sentative ball and remove therefrom all person aa were not Identified by Speaker Densmore a member tbe Legtslatu Colonel Hughe refused to obey.

counsel lor tbe accused desired to ask the Governor who the persons were that be di rer led should be removed from the ball, but Judge Advocate Doster objected, and declared tbat the motive of the Governor for Issuing the order could not be inquired into. He said tbat tbe question waa asked in -order to brlnr "out tbe fact tbat there were persona in the ball ho bad tbe legal rirbt to be tbe if. The court decided tbat tbe Judge advocate anould be 'sustained. General Caldwell then asked the Governor if tbe order was not made for the purpose of moving from Represeptatlve ball wbat was snowa as tne Douglas House. The Judge Advocate objected to the Question, and the court retired to deliberate, but soon de cided that tbe question could not be asked.

Adjutant General Arts testified that Colonel Hughes was in St. Louis on the day tbe oroer to tne muuia was given, but tbat be responded in tne altemoon. and was placed in command. Me said he read the order to Colonel Hughes to elesr the State-house. and that the colonel said be did not believe tt would be policy to execute it.

Sam Jones Preaches. ALroM. iil. Aug. 4.

Special TtUoram Sam Jones, the noted evangelist, preached to-day at the Ptasa assembly grounds to several thousand people. Excursions were rua and the populace did not releeate Itself eaUrelv to trains, for the went is au manner oi conveyances. kcvv Mr. sues preaches srala to-morrow. "Wedded at Goshen.

GoHK. latL, Aug. I Special TMearava. Miss Harriet Butterneld was married this evening to Henry M. Pattoa, ef at the home of li.

M. Maws. Before breakfast Bromo-Seltser Act as a bracvT trial belli i eaaie. The O'DONNELL IS DEAD. The Well-known Police Officer Dies, at His Home.

WAS ILL A FEW DAYS ONLY. His Career Full of Incidents That Form History. Charles Phillips, a Popular Insurance Broker, Found Dead in i His Office. Ex-Inspector of Police Simon O'Donnell died at bis borne, 381 West Taylor street, IS Mm Thursday even ing shortly after o'clock. O'Don-nell's illness was of short duration, be having been confined to bis bed scarcely a week.

About two weeks ago be complained of being ill but shortly after pronounced himself ell right. On Saturday last be was suddenly taken with a se- simow opoxxcix. rere attack of dys entery, from which be died. The a plain." as be was generally known, was SO years old. He wa born in County Clare, Ireland, in 1834.

He came to America and to Chi cago In 1(M9. He engaged in the teaming business until the yesr INC. when be ob tained a position on the police force, where be remained until about a year ago, when be resigned. Tbe captain bas always led a very active life and when be retired, although be was in fairly comfortable circumstances and re ceived an Income of 1 1,400 from the pension fund, be found it impossible to remain in private life. He conducted several private police agencies daring tbe past year and at tbe time of bis desth wss ia charge of the Hawthorne track.

He remained a patrolman for about seven year, hen he waa appointed second ser geant on bis merits and shortly after first sergeant, which at that time wa equiv-ik-nt to lieutenant, and placed in command of tbe old Twelfth Street station, which wa then in what was known a the "terror district." The neighborhood was a very lawless one at tbe time, it is said, but the ptain by bis moral influence and through a generous use of bis prodigious strength, soon brought it to a state of semi- respectability. Hat Ability Beeoralsed. In 1877 be was promoted to a captaincy, Shortly after this he was made deputy superintendent snd acted as superintendent during an Hlneas of tbat official. Jn 1879 he received the appointmentof Superintendent of tbe Chicago police force, and remained in charge lor twenty-one months. Then at his own request, although urged to remain he wa allowed to resign the superintendency and resume his old position as captain of tbe Twelfth street dis trict.

Captain O'Donnell was intimately connected with the riots of 1871, and INjo, wnere be proved bis ability as an un tiring officer and superior policeman. One instance in the life of the captain haa become historical In police While he was in charge of tbe Harrison street station as Inspector, which position he re ceived under Msyor Cregier, be wss ap proached by a man wbo attempted to bribe him. George Eager, a man reputed to be very wealthy, approached Captain O'Don nell and offered blm a bribe of 10,000 a year If be would close bis eyes to certain obvious occurrences In his district. This tbe doughty captain treated with scorn, snd bad the would-be briber placed under arrest. Eager eventually received a sentence of two years in tbe penitentiary for tbe offense, it was alleged that Eager ran a fence for thieves wbo had robbed a clothing store at Randolph and Wabash avenue, and, though on a second trial he escaped punishment for tbe attempted bribery, be received a two years sentence for bis connection with this affair.

a Large Family. The deceased retired with the rank of inspector at half pay. which for that posi tion is fi.4O0 a vear. and besides this he was a man of considerable realty, being worth In tbe neighborhood of f40.000, it is said. In 1375 be married Catherine Daly in Chicago, and she.

together with eight chil dren, survives him. The names of the children are William Simon Francis Theresa, Robert Joseph tudward and Ella M. He also bad three brothers wbo we notified of the death last night. They are Arthur. Militant and rstrirt, the first living in Eimlra and tbe two latter In Michigan.

Inspector Shea, of the Detec tive bureau, is also a relative by marriage. The captain was very prominent in the police department's dealing- with the rioters during the riot of 1S77. when there were riots all over the country, and es pecially in Chicago. He also was connected with the capture and punish ment of tbe murderers of Officer Race by "Sheeny George," which occurred on State street, near Harrison, early one morning. Tbe officer had seen a wagon standing In front of tbe place, and upon looking into It slw what be surmised to be stolen property.

He questioned Sbeeny drew a revolver and shot him. Captain O'Donnell was instrumental ia tbe arrest of several of tbe gang who were connected with the robbery and mur der, and received a great deal of commen dation at tbe time. DEATH OF PHILLIPS. Well-kaowm Inaaraaea Broker Foaad Asphyxiated to Mia Omee. Charles C.

Phillips, a well-known insur ance broker connected with tbe firm of Hop kins Hasbrouck, of No. 183 La Salle street, was found dead in his office Thurs day morning. Both ramjets in tbe room were turned on, and tbe doors and windows were all closed. It was evident that he bad committed suicide, and that death was caused by asphyxiation. The body was found by Cecil A.

Hall, who bas a desk in the same room. Phillips was seated in the chair at his desk, his feet resting on an open drawer. When Mr. Hall found Phillips sitting there Iff the mornlnr, with the odor ot gas very strong In the room, he dashed water in bis face and made every effort to revive bim. A doctor was also sent dr and came promptly, but on examination It was apparent that Phillips had been dead for some hours.

The body wss removed to Klaner's morgue. No. 242 Wabash avenue, where the coroner held an inquest in tbe afternoon, 'i ne verdict 01 tne jury was to the effect that Phillips bad committed suicide while despondent. Mr. Phillips lived at No.

646 West Monroe street, and he leaves a widow and two grown daughters. He was born in New York city nty-five years ago. One of his daughters, Mrs. Bigelow, resides in Milwaukee; tbe other is unmarried. He also leaves four sisters and two brothers surviving.

His brother William and one of his sisters reside in New York his brother John and tbe other three sisters live in this city. i Hi served all through the war as captain Of company Forty-second Illinois volun teers, rrtor to tne war ne was amemocr ef the United States tenure cadets, com manded by tbe famous Colonel Ellsworth, tbat made a tour of the Eastern cities ia July and August, I860. He was attached to wbat was known as the "pony squad. He 18 years old. For fifteen years past be bad been associated with Hopkins dl Hasbrouck in the insurance business.

Financial troubles are ascribed as tbe reason for Mr. Phillips suicide. He Is said to have held a lot of pork and when the slump that carried down millionaires came his small fortune waa swallowed up. He waa a Mason of high degree, a member ef Kilwinning lodge. No.

811, Chicago chapter, -St. Bernard eotntnandery and Oriental consistory. He also belonged to George H. Thomas post. Grand Army of the Republic.

MURDERER VAN LOON HANGED. Coventor MeKlnley Bef use to Interfere la Colcmbcs, Ohio, Aug 4. Governor MeKlnley yesterday refused to interfere in the case of Frank Van Loon, the Columbus Grove bank robber and murderer prep arations were at once made for the execution to take place between 13 and 1 o'clock at tbe penitentiary annex. With tbe hvmn, "Nearer, My God, to Thee" passing from hi lips Van Loon was launched into eternity at 12:17 o'clock this morning. His last words were: "I am Innocent of tbe crime, and I hope God will forgive those wbo have sworn my life away." He was dead ia thirteen and one- ball minutes after be was shot through tbe trap.

Ysn Loon was about 21 years of age. He was Influenced by tbe reading ox Jesse James literature. NOTED BRITONS ARRIVE. of the Lowdeai Society of Arts Are Now lw Chicago. Thirty-five weary and flu sty trav elers dropped their luggage at the Hotel Lexington at 1:40 o'clock Friday mornlnr.

They were tbe delegation from the London Society of Arts, which I has come to to inspect and i port upon the World's Columbian Exposi tion. Tbe party was in charge of F. J. Bullard, of Cook A Son. P.

J. Rowlands, of London, is tbe oldest member of tbe society, which is one of the most ancient in tbe United Kingdom. He is tbe spokesman of tbe tourists as well as being the guiding or patron Mr. Rowlands was too tired that night to say anything except that be aad bis associates are delighted with this country. He said they had come to The Fair to report upon the condition of tbe liberal arts display, but as their train was five hours late be begged to be excused from any further Interview.

There are eight ladies in tbe party. It is understood tbst Sir Henry Truemah Wood will tender tbe society a reception at the Victoria house. Those who form tbe party are: Messrs. and Stendamea Frederick Captain O. Col- H.

Joseph Paret. Cleeve. ouboun Sconce, Gilbert Purvis. Mrs. Middleburat.

Middlehurst, Williamson, Xaylor. Messrs. Arthur Barclay. William Brirrs, William Cleed, A. a.

Hersenel. Charles Key- M. Thomas Know- ser, T. J. Know lea, le.

Major L'Aker, B. O. Lloyd. J. A.

West. (i. Lyon. A. B.

Mitchell. R- A. Nay lor. Charles Paine. G.

H. Paine, P. E. Rowlanda, P. J.

Rowlanda, H. A. Stuart. Bupen Swin- J. Terry.

Arthur A. West, dells. Rear-Admiral J. P. Maclear.

LANDMARKS ARE BURNED. Three of J. P. Smith Icehouse Destroyed by Fire. Fire broke out in tbe icehouses -of J.

P. Smith dt west of Indiana avenue and south of Fifteenth street, about 9:30 Thursday evening, and three of tbe ancient landmarks were almost totally destroyed. Tbe fire, however, will not create a bull movement in the ice market, for none of the burned buildings contained any of the commodity, which happened to be stored in other houses 'to tbe south of those burned. One of the buildings was used as a wagon repair and paint shop and another as a barn. In tbe barn were twenty-nine horses and their harness, while on the premises were eighteen ice wagons.

All of the horses were taken out in safety. The firemen wasted little time in fighting the fire la the three burning structures, but devoted their attention to saving tbe ad joining property. In this they were suc cessful, and tbe flames were confined to the paint shop, barn, and empty icehouse. At tbe America hotel, No. 1569 Mlchigai avenue, and adjacent houses near tbe burn ing buildings' there was some commotion among the guests, but the quick quenching of tbe flames by tbe firemen brought a speedy quiet.

St. Luke's hospital wss near by also. No excitement prevailed there, however, as most of the patients were kept ba ignorance of the fire. Tbe total loss will be very light, probably not to exceed 2,000, which amount is fully covered by insurance. RAILROADS ARE SWINDLED.

Dozens of Fraudulent World's Fair Ex cursion Tickets Jsaaed. New Tons, Aug. 3. It bas been learned that extensive frauds have been perpetrated on tbe railroad companies by the issue of bogus World's Fair excursion tickets. Agents all over the West have been duly notified.

Tbe alleged guilty person has been arrested in St. Louis. On Monday last the auditor of the New York, Ontario, and Western railway came across several duplicate tickets of the World's Fair 2S issue in the batch that had come in from the superintendent's office. In turning out thousands of tickets the printers sometimes issue duplicates by mistake. It was supposed that this was a printer's mistake until the auditor found more than twenty in all.

The Kansas City scalpers' offices, as well as those in St. Louis, have been stocked with the bogus tickets. Tbe tickets were printed by eed, Parsons dt of Albany. Tbe railway people Immediately stopped selling this issue and got out a new lot, which will be next to impossible to imitate. BANQUETED BY RUSSIA.

Judges of Awards Entertained by Coansnls- slooer P. de Gloukhovskoy. Commissioner-general P. de Gloukhovs koy, of Russia, entertained a number of the men wbo are to act as the judges of awards at The Fair, at the Lexington Thursday night. Around the banquet tables were the following: H.

I. Kimball. R. Llnzen, William Miller. A.

Rune. Alexander de Grinevsky Count Here. K. Blum. F.

K. Uinmoi, L. Dimska. J. H.

Heard, A. Cerxua. Mr. llemblla, Mr. Hexhy.

Mr. Kovalevsky, Mr. Kd wards. R. Bannister.

John Birktnbtrm, v. Kirricnen. D. P. MertvahL A.

Reblnder. C. da Raxouzs Sonsts- cbevskl. Mr. Belamln.

Con Sastavxer. Mr. de Pletaiotf. K. Balkoff.

Mr. tiarea. Baron do Moo. A. de Ruhne.

B. de Zelanvy. K. D. Hit-bee.

Professor Garbard, I- Sventozjetzky, W. Unvin, Mr. John A. Roche, St. Timslhotr.

Mr. McDonald, Professor Kruppsky, Mr. Zelenhoff. Francis Edgar, Professor Gsloviae, N. Bo rod Ine.

Mr. A. Grincosky, Baron Pllor von Pi Ilia n. Prince Welkonskl. Governor Hoyt, W.

Glavatch, Mr. Rngan, Ulbop Nieholas. A. de Grinevsky. Commissioner Lingen, There was much good cheer at the ban quet and many expressions of friendliness.

xvx -Governor Hoyt made a clever speech in proposing the health of the commissioner. and a number of the Russian commissioners responded for hlmv NEW TEA CROP OX THELMARKET. Britlah Steaasablp Glenagle Arrive at Aew York with ,000 Teas oa Board. Kiw YOKK. Aug.

i. Special Telegram. Six thousand tons of the new crop of tea ar- rived at this port to-day on the British ZSi to CWcilTlbH Vt Sat toJJ Clenarle, front Yokohama and ra2sW rf attPTi nil 1 1 ili Mr. Tbomae Farrenkiopf. 3 Swellings in the Nech Have troubled me for IS years.

Medical attendance and operations on my a(k at Mount Sinai Hospital did not give permanent improvement. But by takinc three bottles of Hood's Sanaoarttla the swelling has entirely disappeared. I eaaaot ufBcicjiUy praise Hood's Sarsaparilla Taos. FAXtuiorr, 88 WiUett at, Tt. Y.

City. HOOD'S PILLS cure Constipation. 85c (Mlipil BEST LINE TO EIIIjWIIIaj FOUR TRAINS DAILY The Loss of a -Second i (I rWJEWELEDl WO ADJUSTED vfjl May mean the missing of your train; may" mean destruction of life and property always means loss of money. No one can afford to carry a poor watch. Better no watch at ail than be led astray by wrong Due- 17-jewel watches are accurate.

Would you Ilka to know which watch Is most ued on America's Greatest HallroadT If aa, write for circular "A Question of tsreuada. Two Svn Watch Wous, Canton. O. Amoy. The cargo was worth Just 1,500,000 when she left Amoy.

It is worth much more now and tbe 12.000.000 pounds will make a decided impression on tbe The steamship Ping Sues left Amoy tbe same day with a cargo of tea, but has not got in yet. The Ulenagle being the first will ret better prices. NOT WORKING FOR Messrs. Mlcheaer and Dudley llshed Reports. HARRISOX.

Deny Wasbixgtos, D. 4. Special Trle-gram. Tbe story that ZT. Micbener and other Indiana friends of Benjamin Hat- rison are starting- a movement designed to secure the nomination of the latter for President, is an idle Mr.

Micbener himself said to-day "There is not a word of truth In the statement. I ant not doing anything about Mr. Harrison's nomination in Nor do I believe any movement of the sort is on General Harrison's friends all know 'that his re-nomination could only come through conditions which may or may not exist that year. It would be sheer nonsense to expect to bring it about by any organization made at this time. If the time ever does come to renominate him it ill not be done by secret clubs." General W.

V. Dudley said that there was no truth in the statement. Both gentlemen have read the recent dispatches. and have been called upon by scores of politicians for information as to the truth of the alleged movement. Neither General Dudley nor Mr.

Micbener is inclined to, take the matter seriously. PAIXES TACHT IS A RIDDLE. Ruaaor That tho Jubilee Haa Not Euoagh for a Xef eader. New York. Aug.

4. Special- Telegram. It was rumored in yachting circles to-day that the Paine fin keel elhty-flve footer Jubilee would not enter the trial races of the cup defenders. General Paine considered her a It was said that she had proved to have more power than speed, like the El Borah. One rarhlman said: "ll would te too bad if she did prove a failure, for General Paine has beea most patriotic in defending the America cup.

and bas pent lots of monev in bulktine the Jubilee." I' li 1 1 Dwyer Step Down. NEW Yoaa. Aug. 4 Special Telegram. Phil Dwyer ba resigned from the management of Monmouth park and has beea aocceeded by A.

H. Morris. Mr. Dwyer ssys he has offered his stock for sale, but could Bud no purchaser. The gossips have it that there has been serious disagreement among tbe directors In rea-srd to the management, and that thla caused Mr.

Dwyer resignation. Accidentally Shot by a Friend. -August Sharfhausen. of No. 417 South Leavitt street, was accidentally shot under tbe left ear by Robert Thursday night In the saloon ot Michael JIcNulty.

at Taylor street and Ogdea avenue, Sharfhacsen's Injury results! fatally half an hour later as he was being taken to the county hospital In an ambulance. Cosgrove waa arrested and locked up at tbe Thirteenth street police station lo await the result of the coroner's inquest. KeepWdl This Summer. If Exposed to Epidemic Influences Eat only Cooked Food And Drink onlj Boiled Water. Check Every Disturbance Of Stomach And Bowels with -J Sanford's Ginger.

Containing among Its Ingredients th pn. est of medicinal Preach brandy and th seat ef Imported riorer, it Is vastly superior to the cheap, worthless, and often dangerous gingers urged aa substitute. Ask for BAN FORD 8 GINGER and look; for owl trade-mark oa the wrapper. Sold everywhere. forraa Papa dt Cxuut.

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