Logansport Pharos-Tribune from Logansport, Indiana on March 29, 1895 · Page 1
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Logansport Pharos-Tribune from Logansport, Indiana · Page 1

Logansport, Indiana
Issue Date:
Friday, March 29, 1895
Page 1
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I VOL- LOGANSPORT, INDIANA .FRIDAY MORNING, MARCH 29. IS95. NO-- 75, A BAD FAILURE. TO THE Silk Department! WE CALL YOUR ATTENTION TODAY. For months past hundreds of Looms in two Hemisphere have been clicking out silken yards for us, for you. Into the store they are crowded these March days, each with a now beauty; even the fa- miliara of Seasons cone seem to have ripened in a richer light.' TODAY Will bo Silk Day at Our Store arid fall our Silk Beauties will be on display and sale. One with the most fastidious taste can easily be suited here. papes and Separate Skirts be the special objects in the ANNEX. A Beautiful Skirt, A Silk Waist, A Pretty Cape and your sum- ™* inor costume is complete, The Fashion Leaders, Busy Bee -Hive, 409-411 Broadway, 306 Fourth St. 1895 SPRING 1895 .We take Pleasure in Announcing the Arrival of Our Spring Suitings! And we feel justly proud ia the success of our untiring efforts which enable us to show you this season the Latest, Most Stylish, Most Attractive and Exclusive Line of woolens in the city. Carl W. Keller, •Tailor & Draper. 311 Market St. FIRE SMOKE WATER. The Mammoth Stock of FINE CLOTHING. of JOS. G. GRACE, will bej placed on sale « At 8 O'clock. Remember£the •Date and*Place. 426 BROADWAY, Malcolm & Waterbury, Chicago Bucket-Shop Firm, Assign. Liabilities Placed at. $80,OOO with No Assets in Sight—Bank Failure at Cincinnati, CHICAGO, March 2S.—The firm of Malcolm & Waterbury, which did an extensive bucket-shop business in Illinois, Missouri, Nebraska- and Iowa, made an assignment Wednesday .to George Wiley, a board of trade man. The crash came suddenly at the noon hour hi the he.'id office of the concern, room K, 1-1 La Sallu street, which was ,in charge of T. B. Waterbury. It was an unpleasant surprise to the.patrons and creditors, the liabilities, it is understood, being- SSO.OOO, and the assets nothing. The houso was heavily on the bear side of the market, and the recent rise in wheat and pork proved too much for the firm, Branch OfHc«* Clone. The assignment was immediately followed by the closing of the twenty- seven branch offices, which were connected by a system of leased wires with the' Chicago office. In Illinois, outside of Chicago, the firm did business at Sterling, Dixon, Clinton, Odell, Pontiac, Lexington, Lincoln, Atlanta; in Iowa at. Davenport, Newton, Colfax, Des Moines, Stuart, Atlantic, Walnut, Cedar Rapids, Tama, Marshalltoivn,-Nevada, Boone, Jefferson, Carroll and Logan; in Nebraska at Omaha and Lincoln and in Missouri at St. Louis. 0. F. Malcolm, the other member of the firm, was in charge of the Omaha office. Iowa l>*tron> Loin V50.0UO. DKH MOINES, la., March 28.—Over 850,000 of good Iowa money was lost in the failure of the Malcolm & Waterbury bucket shop in Chicago Wednesday. Because of the failure, which was said to be caused by the advance in pork and. stock, local offices in many of the towns along the lines of the Rock Island and Northwestern roads failed, Clncliiimtl liiirilt Falls. CINCINNATI, March 28.—The Commercial bank, located at 133 Main street, assigned at 3;45 o'clock Wednesday afternoon to W. H. Campbell, its cashier. The decision to go out of business was reached but half an hour before the assignment was made. The bank was compelled to make good 550,000 worth of bad paper on Tuesday. When the bank sent its paper to the clearing- house Wednesday afternoon the directors of the association on motion of Cashier Guthrie, of the National Lafayette bank, suspended payment on the paper and ordered an investigation of tho bank's condition. This move proved fatal and 'precipitated the crash, which had been impending for some time past. The directors of the bank were hastily called together and the attorneys for tho concern were ordered to draw up the deed of assignment, which was Bled a few minutes later. Will Pay In Full. President Foote says that the bank will be able to pay dollar for dollar. The bank is the oldest in the city and was organized in 1B51. The bank has a paid-up capital stock of 5328,000 and a'Surplus of $40,000. Its average deposits were $400,000. ID a Bad Condition. The Commercial bank was at one time the main bank for the steamboats and the Pendletons and Thomas Sherlock were heavily interested. The opinion on Third stree't is that the crash came about through a long series of bad management. The bank has been redlscounting- its own. paper for two weeks past, showing conclusively that it was bound to go up. Salt Ajalo»t th» Bank. A suit against the Commercial bank was filed in the common pleas court Thursday morning on behalf of Albert Berger, who is a depositor. Plaintiff asks the bank to be compelled to disclose the names of all its stockholders, and that all who are in arrears be compelled to pay. Ix>an»d Money CanliulJ. CLARENCE, Mo., March 28.—The Clarence bank made an assignment Tuesday night for the benefit of its creditors, and its affairs are now in charge of W. D. Crow as trustee. The bank at ona time was a very prosperous Institution, but of late years it has been careless in loaning' its money, and alro allowed many of it» customers to largely overdraw their accounts. The bank is a private one, owned by C. Hunold. For the past two years it has been the county depository, and has about $20,000 of Shelby county money. This money, however, is well secured and the county -will lose nothing. It is thought the bank will be able to pay out dollar for dollar. A Xabraalra Eank Fall*. OMAHA, Neb., March 2S,—The state bank of Stanton has gone into voluntary liquidation and its affairs are in the hands of State Bank Examiner Cline. The liabilities are $9,400; capital, 852,000; cash on hand, ; $i,245. The bank's affairs are in a -fair condition and Mr. Cline expressed the opinion that all depositors would be paid in fufa. __^L ' FAILURES AS BANDITS. Mtxnourl J'iiruieM Slop » Train But Ar Scurctt Off Without Hooty. LITTI.K ROCK, Ark., March 2S.—Train 54 on the Jron. Mountain was held u by robbers about 10 o'clock Wednesday nig-ht, just north of Williamsville, Mo. IS miles north of Poplar Bluff,- Mo. by two men. The robbers cut off the mail, express and baygage cars an< run them about half a mile and robbei" the express. The robbers then proceeded to th< express car and ordered the messenge to open the safe. The leader of the gang, a man about G feet in height, am heavily built, placed a revolver at the messenger's head and ordered him to unlock the safe. "We are des perato, and will stand no monkeying,' he exclaimed. The messenger informed the desperadoes that he could not open the through safe, as he did not have the combination. He opened the loca safe, but there was no money in it. Meantime the alurm had been g-iven aud the citizens were arming themselves. The robbers, becoming frightened, jumped from the train and ran through the woods. Before they left, however, they secured Conductoi Webbs' gold watch. It is believed that the hold-up was the work of farmer* living- in the vicinity. ST. Louis, March OS. — The Iron Mountain train, held up at Williaros- ville Wednesday nii'ht, reached this city at 7- o'clock a. m. Thursday. The passengers were not the least excited. In fact, many of them did not know of the affair until in the morning. VILLAGE NEARLY WIPED OUT. Half tuo Home* In Uaoiueraca (N. V.) lle- •troyed by Mr«. CA.VA3F.BAGA, N. Y., Jla'rch _ 28.— The entire business portion of this village and thirty dwellings were burned Thursday. The fire started at 12:40 o'clock a. m. aud spread rapidly. A strong wind was blowing and the village had only the most primitive means of fighting the flames. Not until a special train had arrived from Hornellsville with two companies of firemen and a steamer was the progress of the fire checked. Ilalf the people here are homeless. 'The total loss will be about 5100,000. The insurance will not more than half cover it. .No lives were lost in the fire, but several persons were injured. MANY FARMS RUIrJED. Bridget Swept Awiiy by the Bnritlnn o' V "a-'jmg«rrolr-'ln'Color»Sjo,';'"!;T"~ NEWCASTLK, "Col., -March ;28.— The reservoir of the Grand -Valley Ditch company on East creek, <5 miles northwest of here, has burst The reservoir was not quite full, but there was enough water, mud and rocks to cover and destroy.'for this season all the ranches for 5 .miles along .the -creek. The flood struck; the Kio Grande Junction railroad, carrying away two bridges and covering the railway track with mud and rocks. It will be five or six days before the track can be used for travel and it is impos_sible to transfer. NEARLY KILLED HIS BROTHER. lHm Foster Claim* He Hi»» Been Koubnd of Everything by Him. NEW YORK, March 28.— Scott Foster, president of the People's bank of this city, was assaulted to-day by his brother, William. H. Foster, with a heavy cane. Scott Foster's arm was broken, his shoulder dislocated and his skull fractured. William H. Foster was arrested. In court he said: "It was a good thing they stopped me when they did. I'd have killed him. He has robbed me of everything I had." _ _ MALTHOUSE COLLAPSES. Merloni DUanter Occur* at a Hrewery l» Pittibnrgu. Fa. PITTSBURGH, pa., March 28. —The flre- story malthouse at Wain wright's brewery, Thirty-sixth street, collapsed at 7 o'clock Thursday morning. The weight of the grain stored m the upper floors caused the disaster. The loss will be $15,000. Everyone in the building escaped, but there are grave fears that several passing pedestrians may have been caught and crushed under the wreck, and an active search is now in progress. _____ _ . Texai Oppoie* the Tru«t_. ,; AUBTTS, Tex., March 28.— The houae has passed the anti-trust bill and it is about as strong- a one as can be made; so much so that prominent business men familiar with its provisions declare it will work great injury to the state. It also struck out the entire appropriation for the state militia in re sponse to populistic influence, the Texas populists being violently opposed to national and state militia. i Jllchiran G. A. R Election. ; MOUNT CIEMZXS, Mich., March 28.— A hot contest between Judge DabolL. of St. Johns, and Alex Patrick, of Detroit, for the position of department commander of the Grand Army of the Republic resulted Wednesday in the election of the: former. Mrs. Knapp, of Howell, was elected department president of the Women's Relief Corps. The- encampment next year will be at Saginaw. __ ___ Sprmper m jnaiau *^i-f.»*«j. • VDQTA, I. T., March 2S.— Ex-Congressman William Springer, recently appointed United States judge of the Northern district of the Indian Terri- .tory, has arrived on the field of his •labor*. . SOON TO MEET. HOOSIEK HAPPENINGS, Li's Condition Will Allow Resumption of Peace Negotiations. May Get to Work Next Week—Corean Loan Arranged—Other lntc,rest- ing Foreign News. SirmoxoSKKi, March 2S.—The health of Viceroy Li Hung- Chang- has so far improved that it is expected that tho conferences between him and the Japanese oflicials looking- to the conclusion of peace between China and Japan will he resumed next week. Wlnmccl lor LI llunc CliBtiC'tt lujiiry. HnrosinMA, March 23.—-The condition of "Li Hung- Chang- continues favorable; there is uo fear of bad physical consequences following his injury. The prefect and chief of police of Shimono- seki, who, it was charged.; failed in their duty to afford adequate protection..to the Chinese plenipotentiary, have, been removed from their positions by order of the mikado. To liombitril Takau. HONG KONG, March 2S.—The Japanese will bombard Takau, ou the island of Formosa, Friday. Coruun, LOHII Arranfivd. YOKOHAMA, March 2S--The Corean loan of 3,000,000 yen has- been finally arranged upon the terms demanded by Japan. H is repayable in five years. At I.BBC llcuril Kroiu. PBOHl-v. 111., March 23.—Capt, Philo Norton McGiffin, who commanded the Chinese warship Chen Yuen and who was captured with his vessel at Wei llai Wei, has at length been heard from by his anxious relativesvof whom oue resides in this city. He cabled from Egypt to his father to forward his mail to London, England, TOO MAM' HOXOKM,. Leading Liberal Paper* of Urrnmny. De- plorr Emparor's Attrntioo Co llUmarck. LONDON. March L'S.—A dispatch from Berlin says that all the rumors.in relation to the dissolution of the reichstag iave ceased. The government is drift- ng hopeless^ 7 between the hostile vgrarians and the anti-Bisinsrckians ind is seeking-vainly for a firm support. The liberal papers deplore the mperor's veiled references to civil war. The Vossissche Zcitung- says it ticds strang-e irony-.in-the attempt to lonor Prince Bismarck soleiy as a. soldier and adds that it thinks some civil honor is reserved for April 1, the ictual anniversary of the prince's birth. Mufitcrplice of German Art. The sword presented to Prince Bis- ma're.k by Emperor William, bears a :ameo portrait .of his majesty set in Brilliants and is a masterpiece of German art. Among the presents to Prince Bis- narck which have arrived, at Friedrichsruhe is a pair of American buffalo from the Cincinnati Zoological, gardens. Socialist* Ail cored by tho K»lnor. BEBLLX, March 28.—The Vorwacrts says that the socialists hare resolved to demand when the estimates come up for tbeir third reading 1 that the reichstag- take action upon the dis- >atch which Emperor William sent to iismarck when he was informed the •eichstag- had refused to trrant the request of Herr von Levetzow, president of the reichstag,that the house author- ze him to congratulate Prince Bismarck, on its behalf, oa his birthday-. BEEF WILL B.E COSTLY.. •rice Tlil« Summer- WIU Be Hlshcr T?b»n for Ten Yean Pant. CHICAGO, March C«.— Pricee- of all kinds of meats will be higher this summer than they have been for 'ten- years >ast. Even " the high prices which vere made by some dealers dur- ng the world'& fair period will «j exceeded by the figures asked or roasts steaks and chops from. now on. It is not probable that much relief willjeome before? next fill. 'rices have already advanced about 25- >er cent., and an additional advance about the same proportion is almost certain. The cause of this is the short upply of cattle followed by the, necessary increase in value which, forced lealers to. raise prices to consumers. Raid Military Secrete LONDOX» March 2.S.— A dispatch to he Times from Odessa says that Col. regorieff, who -was arrested in February, 1S94, at Kishineff, charged with selling- Russian military secrets to the Austrian government, has been sentenced to eight years' penal servitude n Siberia. Frlxe tighten Convicted. Pmz.ADEi.pHiA, March 28.— The jury in the case of Charles McKeever, Charles McCarthy and Jack Fogarty, barged with engaging in a prize fight at he winter circus building January 24 and 2C, came in Thursday morning with a verdict of "guilty," after being out wo days. March 23.— All mails lereaf ter addressed to E, J. Demorest, 'uerto Cortes, Honduras, or care of the Central American Express, Port Tampa City, Fla., will be stopped by the gov- rnment and returned to the writers. )emorest is the president of a Hondn- .s lottery company, the successor ot he former Louisiana lottery. News Briefly Told from Various Towns in Indiana. . WAVEBI.Y, Ind., March 2S.— Tti«r post-master here has tendered Lis resignation. A few days ag-o he had some trouble with the owner of the bnildinjf in iv Inch the office was kept, and moved out, taking the office to his resilience. The iduties of postuiasio>- nVri-lved' UDOU his wife, whose linr became & burden, and she. notified him that he must either resign or give her up, and' he wrote out his resignation aud forwarded it. to the department. Coal Men Tiilk of Formlnc » Tool. TURRE HAUTE, Ind., March 2S.— Some of the coal operators of the state have started talk in favor of ri pooling- ngrct- meutsuch as the one recently effected in Ohio. The purpose is to prepare tfie way for action, should the opera torsUe in favor of foraiing- a pool, when th<5y come together next month to agr£e « pun Uie \vag-e scale for 1 the scale ye&r whicli begins Ma}- 1- Cl.iluii'fl' lie Sold nin Vote. ConuMmrs, Ind:. Harch 28. Soon. after Ihst spring's city election William Hobson (tlem.) swore out wa,r- rants and had John- Holland, Jfttt- Sears and Sherman .Tones arrested fOr buying his vote, eLiiininfi-jsiOO- damages •under the new Australian ballot law. The trialjresulted.in- :v hung- jury, di-vided politically- The defendants have paid Jiobson S40 atid paid costs.»ud tlie cases -have been dismissed:, Tried to PRIN"<SETON T , Ind.. March 2S:; — J. K. Lape, superintendent- af motiwc power of the- Louisville, Kiransville- Ji; St. Louis Con soli crated road, st;itione_d here, c«mo near beinR- assassinuted at Mount. Vcrnon,. 111. ..byK. P. UarthoJo- mew, a-formcr «nginearou-tJie system, wily was discharged, for dr.unkonnesi- three aiouths afro. Shol, by » Salornikeopi-'rv GEKJTCA; liid:, Idarch. '-^i — "Joe* Davey; a- saloonkeeper,, fatally shot Jacld'" Moloney. who had. thrown"* stone, thro'uyli. tlie saloon window. 1 Davcy sliot him twice in-, the breast without warning. A. short, time ae«. Davey made a. mu.iderous assault o» anotHer. marc, at this place. Ho ism. cha-racter:. , William Taylofc, charged •with killing- Attorney JohnR, Tucker whileeng-aged in an alteration ovtfr- rcnfdue for the oocx>p:incy of a dwelling 1 belonging- to T-iij-lor, was held oisfr to the circuit court under S*-,000 honda- on. the churg-e of laanslaug-iter. Grn-, HarrlHoci liwR R«cnT«r«d. L.VXAPOLIS. Ind., March 28.—Ex- Prcsidcnt Harrison returned to Richmond 'Wednesday afternoon to re-cut^r the Morrison will case.. He was force to step out of thfe case three weeks on account of an acute attack of brd ohitis. He has.cntir.ely recovered. Varmt firm. COLIMBUB, lad., March 28.—Fan-twenty-four hours a destructive forest fbyt has been raping- in Known county an* is not under control. >Fany farmhousfis and building-s have been burned an* the damage will be heavy. A higk wind is blowing-. Will Oppoie Smnday BtUL TEBKK HATJTK, In<i, March 28i— Terre Hante baseball "fans." a»e exercised over the innouncemen-t t' the ftew civic federation, -will stop day-ball playingr- The Sunday ^ai in the past were the mainstajt ol local association. , March 28.— A switek «n(?iHe at XiJes, taoriaff slowly, r$» over TVilliam Jones, of th»t place, fatally injurinifhinj. He stepped with apparent deliberation in front of tn<*~ engine, and the trainmen think it '• «nse of suicide. by Natural Oai. ELWOODV Ind., March 28. — The plant of the Frankton Brick company -wtt . wrecked by a natural (fas explosiQV and the -BTeck destroyed by fire early Wednesday morning. One roan fatally Trarned- The loss will cic *5,000. l>ropp«d Ind., March 28.— Dr. J. L. W. Yost, well known in southern Indiana, dropped dead at the Putnaja house here. Heart failure was tfeo cause. Cnuhml to Death. TEBBE HAUTE, Ind., March 28,— Richard Richards, a coal miner, crashed to death nnder the cage in ' Peerless mine at Coal Bluff. Elected Secretary. . Ind.. March J8.—Thom- as J. Carter, of this city, was elected secretary of the state printing board. There were ten applicants. Will W» Kebnllt. HAMMOND, led.. March 28.—The WoJ* Lmke distillery, bnrned here, will 5« rebuilt by the Hammond Milling coih- >any at a cost of 8220,000. Death* at Valparaiso. VAXPABAISO, Ind.. March 28.—Mrs. John Kearss, aged 55, Mrs. Grant Wade, aged 25, and Mrs. Baker, aged SO, in this city Wednesday.

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