Punxsutawney Spirit, 1893-08-02

              i. XXI. 3 tlatlonn Kxperted, awes' of Ni'w v counsel, lie is prepnring to t U.'st of the constitutionality i uicm law at, the Oc 1 ancl Robbod by \V(v,t Forced to I rti.iy Turk: anxioty for and tlio wi tion." ■V STillXi; OF FAILURES. I do ii< t like to make gloomy prcdic hi U bad enough as it itutions need nil the went that can bo that all theso fail- need to a common eaus<! future, lack of confidence >l .inv Otlirr it ion* (io Doivn-A Suimimry of I l ailuros Miown that iOI I roin May ) to July 23, inclusive, sh Daltimoh [i, with stensiv -11 ov. S. A summary of May 1 to July 33 H hanking instituif $;»> :*1 ,0U3 fluiK lilicatioi: the closed ban juary of th< V —A » a table which shows t he failures and four-fifth oIvihI were in the Weste* lious with a capital tended. ■r institutions would uu •ted by its collapse. banks, he naid, by n  i they did had formed r tive organization v/liict 1.1 tilt Dim- r str i ii i il insti o£ tile 1 publishes • l>y Suite*, tivi- sixths le capital I 1'nciflo failures involved lludidnut think that rat had passed, but said nivo anan \ to tide over thu h had u 1 involved 000,000 givut»vr than tht . ;i*egrat<» capital of all this banks that ilcil in the South. us nearly icr a great deal of the would bo averted. The number of lites was .'17, in ving JW uly 26.—Almost n i uck Fjtchnngo yeste i dropped away v ; to tho Ifc is kind in tragus, :it<» I at ds of a The \ :r.cr 11 yen in the Southern 1,392,000; in the •s tho number and ui the iltcs lo, with Corner Xioom Hotel PantfiU BulMtnft iirti-d tin Tttbu Com i»Txa«r:saB tj "2? J.' lie aijded to n Tut Hank S^cn sin, India NAi'C lwnu- ttiocai 1 "nited lO.tuO ■mm L Krai i the consul kee. v the t ways been don July ii l'l-.T Creek i ..r«leston Plum and lu- llunrjr •hut down iU out of ho cause TROUBLES OF BUSINESS ERIE AFFAIRS. England. France Backs Down Before New York Bankers on the Financial Situation. SIAM YIELDS ALL TO FRANCE. THEIR WORDS NOT ENCOURAGING. X*ord Duftertu Afirnln Dintiiixulslies Him The Milwaukee Hank tliat Failed Yester- selfiia a Diplomat—<3rr.it Britain Will day Had IIi'en Regarded aa One of the Not Tolerate a Rlockade—Lengthy NejO' Strongest Institutions in the Conn fry. Three Louisville Hanks Collapse .%>- most, it Puuie On the Nor* York Stoefik Kxc-liunge The Indianapolls Failure. growing. It is developed that the destitntioo is Fifteen Thousand IVopIe in Nwd of AUL Scarcity of Kellaf fund*. 1>e."<iver, July 20.—Up to date 8,' men hove registered as out of employrai and the list is steadily increasing. Mean* are IxHng taken to furnish employment and provide food for the hungry and destitute. 1 >e;ui Peck and Rev. Thos. Uxzell, who have bee* foremost in this work, announe* that on account of the scarcity of the relief funds they cannot continue to feed tha hungry longer than to-morrow. Meetings pre lielii nightly to prorlda means for aid in which Denver's moat prominent people take part. It is estimated that 15,000 persons, men, women and children are i» twi l of immediate aid. Food is being distributed at the varioaa missions to day. New York. July 'JO. — The continued reports of failures anion# Western banks in the opinion of New Vork bankers shows thnt the financial situation there, is in no In fact, it is less encour- than one half t Lriofc when it w Howard Mutrlilor Klect«*«l to CongT*M» I vston. Pa.. July 20.—In the special election in the eight Congressional district to Hi 1 the vacancy caufted by the death ot Hon William Mutcbler, his son, Howard Mutchler, Democrat was elected over < u'tieral Frank IJ«i*dcr, Republican, 1>T ;ilx)i:r < i 111 l enity. I ho vote was less at i»f last year lu the di»- ». J apm^'ratic. agim? than ever. The feeling is more than coufirmed by the suspension of tin? Wisconsin Marine and Fire Insurance Company's* Bank at Millwaukee.way improving ■ i) a second ie VhixieM >; ssiou Of 1 other The Cltlne«t< lip gist ration I.air. San I'n \m July Ml.—Thomas IX RIonian, attorney for the ■ hineso Six corapanies states that in connection with Jos. cert ;»i nl has yet iression in tht •'The Wisconsin Marine and Fire Hank," said President Cannon, of tho Chaso National, "has always been regarded as one of the stronest and most prosperous institu- and its failure is e most serious calamity that urred since the financial do;tn to he felt in tho West, it tiiution going under cannot • » tho general distress, and the may be far-reaching m its fall t cy a suspeusk effect.*. The company's floating debt i* i>l>out $(i,000,000. Considerable of it is held abroad, but tbe holders are well seen red. Tlie opinion was generally expressed this morning that it was better for all interests in the Erie that the company should go into the hands of friendly receivers rather than have hostile ones forced upon it. It is said that tho application for re ceivers was made also because of the fear that if some of tho directors of the com pany took the matter into their own hands great Inconvenience might result from the appointment of various receivers in differ ent States. assent to the bondholders will It is too early to spoak of the reorganise tion, although it is hinted that the con trolling interest will cut down charges to a lower li#ure, and perhaps the second mortgages will not be a direct chargq on the company. It remains to b:> sen No Plan* of Reorganization Have Ilcm Formulated u Yet. New Yoiik, July 27.—It is stated at the Erie office that Receiver King lms left for Saratoga and Receiver UcCullough for the White Mountains. It was asserted positively that the Executive Committee consisting of Messrs King, Walsli,~"McCulloiigh and Cook did not decide to put the road into tho bauds of a receiver until a late hour Tuesday, when ft was found that in order to prevent the sacrificing of securities in loans the company had to seek the protection of tho Court. This explanation is given because of a rumor to tho effect that tho directors had fully dertermined ou tho receivership in the last week. NO MISSION AIIY SAFE. tions, f support and given. Vet ures can. be American Tim PrcHl>yt:'.'iun of Foreign Mis- sion* .\.>k I lio ii<>voritmrut to Take l)c- cislvo \«tioiu New York, July 30. .ken by the i ■ vera The Fresbyteriau ions have sent a lotute Gresbam requestul decisive action be 'imr< 1 who was assaulted by is on June 14, wbilo tem: iu the N-estorian village of •at in regard to the t Melton, the mis- of the Koordish moun i pel ly stay Take a B From the ever increasing thrones iu M I I 0 ■' S" IM ouv establishment and buy your 9 III CLOTHING where satisfaction is a 119 sure. Though we say it ourselves who shouldn't, we have yet to find a dissatisfied patron. On fame's eternal camping ground each night we rest, a day's march nearer the height of our ambition—the peoples' popular provider in the line of Clothing. Our stook is solid, substantial and sound. Our prices arc an insignificant nothing compared with what you receive. We outstrip all competition in Clothing. For the next ten days we will allow a cash discount of 30 per cent, on all Summer Clothing in order to make room for Fall Stock. Men's Suits —in this lino we can give you a fine line to select from. Prices from $5 to $20. Shcviots* Clays, Corkscrews and Cashmeres. Boys' and Children's Clothing—we are headquarters for Boys' Clothing. Prices from $1 to $15. pants pants,—we have inaugurated a special sale on men's pants. We have gone through and marked down all li:;ht eollorod pants. The prices wo nam e /or handsome patrons will be one of the surprises of a life time. Call and get a pair. noons, i nderm'are, fanCy siiihts, xeckwarh, HOSIERY, gloves, etc. 11 ats, hats, HATs,—all tho nobby styles in Stiff & Soft Hats cheap for cash. Boots and Shoes from the cheapest, to tho finest mado Macintosh Coats, all grades & prices. Rubber iS: Oil Coats, trunks, sachei.s, valires, i\mbrellas. Free Free,—with each boys Suit—tijfall & Hat. CLAYTON NORTH. fHE ORIGINAL AND POPULAR ONE PRICE CLOTHIER, would ft u as; t was an old titkee Hank wa Tions that had < Edward Simmons, ]'resident J Fourth Nation failure of the } opinion the ini in tho West, a established ins* nections and Northwest, doubtedly I The New Y ating as close mutually pr had enabled situation, and nlly contributed Aitions elsewhei« tho crisis in i !:•• that if the bat to protect each threatened dan-. New Yo ■aged on t iit- aftornoon recorded -Kill somo of Tho fuilu ance Bank < selling, and In largo banks in clteuient. Tho -Mihvuti V/iaeo; Indtanapol yestonlay v but »fc from the s< From advices jusi. received from the Ivuv. E. W. McDowell, su charge of the party to which Miss Melton belonged, it would appear that the attack upon the woman was not made I y a wandering band of robbers, is was at first believed, but by soldiers who were instigated to the deed by ;hu authorities of A madia, a city :ie of the ling to of the •ated in ins in Asial State Depart- In their mer ttient, the members of the board urge in the strongest manner that ro .stone shall be left unturned to compel the Turkish government topuiit.sii the offenders and to make ample address for tbe outrage. The letter cites many instances in which Americans have been attacked and robbed by the irhabitants of Turkey without vigorous piotcst oil the part of the United States. It is urged that unless some decided action is taken forthwith the life of noAnurjcan missionary will be safe within the doma.ns oi the Suitan. payment w from thb lii' s on Agi-ni Unless England intervene to assist in a settlement of the dispute there can be little expectation or even hope that Franco will retrain from extreme measures. London, July 28.—The Poldu correspondent of thu .Standard says: "Whilst C hina i t not likely to a! tempt to enforce her suzerain righls no long as the Keen,* of Conflict ahull Ikj limited to thu Menani and the lower .Mekong, I can state positively on tho highest authority that she is fully id her dominion on tho encroaches nbove u; will And China in The general expectation is that early in August the trench ileet will attack Bang kok and land some 5,000 men. There is little doubt htfre that France's purpose is to make Siam a French colony. The Siamese government is exceedingly anxious to avoid open warfare. When the gunboat Lutin was at the Menam bar yesterday tho Foreign Minister sent to M. Pa vie a note to tho effect that tho King and his advisers were most anxious to maintain peace. All such efforts, however, are believed by tho English residents ;o be vain The French Ileet with M. Pa vie, French Minister Resident, have gone t-> Koh-si- Chang. Bangkok, July 28.—Notice has b en given of the blockade by the French fleet and outgoing vessels have b» i*n warned that they must clear from Baugkok and Koh si-Chang before tomorrow or submit to detention. The blockade will extend along the entire north coast of the Gulf of Siam. Bangkok, July 29.—'Hie Siamese CJovernmcnt ac a meeting of the Ministry yesterday, over which the King presided, agreed to all the demands of Krauceand at once telegraphed the fact to the French Government. This ends all danger of war. London, July 31.—Beyond question tho Siamese affair brought France and Great Britain much nearer hostilities than the public have realized. The Earl of llosebery, British Foreign Secretary, has had virtually a free hand in the negotiations with France, and has found an able supporter in the Marquis of Dufferin, British Ambassador in Paris. Each has maintained a dignified attitude far removed from bluster, but firm beyond any misunderstanding. Together they impressed on the French official mind unmistakably their intention not to let anybody ride roughshod over British interest s in the East. Great Britain's protest that the blockade of the Siamese coast was illegal, and her suggestion that interference with British commerce would not be tolerated, were made with such unqualified plainess that the French Ministers were sobered at once and conceded the justice of the British govenment's contention. There now is little doubt that a pacific settlement of the dispute will be accomplished shortly. That s'ich is the case is attributable no less to Great Britain's attitude than to Siam's surrender. assault. There is evidence, ae< llr. Aid owell, that tho broth Cloverno of Amadia, was imp tho matter. Miss Melton is re having >r.;ctically recovered beating which c (UUJllLi |  WAR BARELY AVERTED UTAWNEY, PA, WEDNESDAY, AUGUST 2, 1893. a i.iurdc tho 1 Westlnghotise Uctl was on vato ba It 1)71 tandard's Paris undaro newspapers lia1 correspondentsays: "1 gather that M. Develle and Lord IhilTerin have agreed to a compromise on tho frontier question. Tho her path, will, it i a 10- i« C ceipts, but t ■» I)ent:»l CompAOjr, V receiver o Wilmington lipany of this feetly solvent. Hl,000 and Its ranee BEWARE OS1 IMITATIONS. a and work country Illl.SV representative in cctncrnl nt 1. mi • :it i • o of lli' imc lican citizens residing in Slam It is Wawikcstuk, July 23.— So far as tha italu Department Is informed there are fo pa fit! of oxecpt .'ibout ii scorn of uiissioimri< not believed to bo necessary to take an/ ii mill r reduced by t fio tempt tween iiOO and :$00 men remain at work will suffer n reduction of from 1(3 to CO per cent, in wnj;o \rc .) moii were discharged, i 1106 been offered to v in the western p.irfc of years. It is not tl i-n will make any n ;iry discharge Thoso who it Wilmerdin; of tl»e \V»-stinghoiv special measures for their protection. Tha United States lias no diplomatic Siam and tho consul ,k; Mr. Boyd, is in this :it, leaving t >u, the vice consul, man Anstgna, II. Mor;• merchant, has i d;e I for an ex< creditors. ni» 00,000. ii ba pflcation to tho 1 nation, as will bo tl residents, If tho well char bo threatened, which is unlikt without doui»! * Stiut Down, nil I tho j' ister of Trad, of men lyment. l, and 'lio East ■mere* urn n ■I'd its null liiflik. of I' [it pr tiiflcant. tlio ox ports being wty few and the imports belni; made up of teak mn 1 used in sliip build ing nnd some (rifles of oriental and Alaylayneslan decorative work. Thu commercial in tc resin of the United Itates in case with the French •mo other iro protection upon np- t)i" our missionaries .should they can closed its dooi building at 10 Cutting Down tli© Forcc rcNKiuK, ij. V., July ~7.—During the jjitst ton days ft number of oluployca of tbo J'rooks Locomotive Works have boon laid oit boeauso of h lack of work and matters aro now assuming serious proportions. Durim.; t' 10 present week, it is said, b •- two. n th rty and forty mora will bo laid off in the blacksmith shops and a proportionate number in other departments. for auy r Lowei. A ,Slft> itory to S|iut iJtnvu f Ciminnal i 1'rtll. t Leslia Jf lti.l yestof- liahilitie» d is the itory Wis., Hank Suspend yes ten I up July >ry is bch > a temporary shut-down, •y by tho stringency of the oy market and the numerous failures 10 West where tho greater portion of Tim City Tho su»- i of the o the cot I 'Uliii'.j's cti Cotton Mills to .Shut. Down doors to closed ho now Farmers' bank of Mount Ster- UtcU Gold Htriko. Cor-ORADO Srr.iN-c;a, Col., July 07. best strike over made in Cfipple Creek is reported by tho gold mining company which owns tlio Rhinoceros and Nil l)esperundum mines. A vein 02 inches thick lias b<;en uncovered 20 feet beneath tlio surface, from which a sample mill ran gavo 22,700 ounces gold to the ton. Two hanks failed yesterday in Helena, Mont., two iu Spokane, Wash., and two ill Portland, Ore. Tho American Waltham Watch company, of Waltham, Mas<., lull start up Aug. 7, with but half of its usual forco. Waiu-, Jin- .., July 20.—Tho Otis Company's cotton mills in this town will shut down Saturday for ouo month, on account of being unable to find a market for their product. The number of hands employed is 1,750 on 1 the pay roll is $30, OUO per month. IJuflfulo Hotel Cloned. Kiffalo, July 27.—The Hotel Carlton has been closed, as a result of a judgment for J!!,000 obtained in tho Municipal Cou;t by Landlord James Cairns against Crawford & I'latt, the lessees. Tho hotel's patronage is largely from tlio theatrical profession.  Securities Mixsinn. Conxoud, JT. H., July Jit.—It is understood that securities for a largo amount are missing from tlio assets of tho People's Fire Insurance Company, of Manchester, of which Merrill, tho absconding bank cashier, pas treasurer. Kun on Tucoma Hunk*. Tacoma, Wash., July 20.—This morning as soon as tho banks opened there tvas a steady stream of depositors to withdraw their money at nearly all the prominent banks. They, however, paid promptly all demands. An Old Teller C.'ooh Wrong. V T* July 31.—A dafal- PATEHSO: cation of $10,050 litis boon discovered in the cash ot the I ir-st National Lank of this city. The money lias been abstracted since July 1. The loss was discovered by United States I'nnk Examiner lieorgo W. Stone in an official examination. Ho informed the officers of the bank and went before Alfred Vanliovengers, commissioner of the Circuit Court of New Jersey, and made a complaint against Abram Fardon, the paying teller, ile was arrested and committed to tho county jail. The money was taken from four packages containing $5,000 each. Ten dollars bills werg abstracted from tliem and replaced with one dollar bills. Tho bank is insured with the Fidelity Casualty Company, of New York, for $10,000, leaving a loss to tho bank of only $050 which was on Satnrilay charged to profit and loss by tho directors. Tho defaulting teller is fifty years old and unmarried. Ho has been connectcd with the bank for twenty-ilve yeara, and some years ago was cashier of it. Tho prisoner admitted that ho was responsible for the loss ot the money and asked that he be committed to prison. — One word describes it—"perfection." refer to De Witt's Witch Hazel Halve, c obstinate sores, burns, akin diseases and well known cufe for piles. J. M. Bsysr —We could not improve the paid doable the price. l)e Witt'i zel Halve U the best Salve that can produce, or that money can Beyer. Want to l.imo Their Money, Paws, July ;it.—It, is reported that Baron uo Rothschild and Jacques Labondf, a millionaire sugar rellnc. will start shortly a one-ccut sportius daiiy named "The Jockey Club," PUNXSUTAWNEY STORE. □ -: JOHN B. BAIR, <3IVE US A TRIAL. Obcrmnn Browing Company Falls. Milwaukee, Wis., July 20.—The J. Oberman Brewing Company hAs failed. Hermann P. Oberman is the assignee. His bond Is for $1,300,000. Ilusfthv TV HI Not Twko Part, Paris, July 07.—The Russian Embassy in this city denies tho reports that Russia intends to despatch cruisers to Toil Ion to tako part in the French fflival evolutions that will bo held there shortly. —If you can affo«l to be aanoyed by slok headache and constipation, don't use I)e Witt's Little Early Risers for these little pills will cure them. J. M. Beyer. » , t'v .■ V ' • NO 1