Indianapolis Journal, Indianapolis, Marion County, 26 July 1893 — Page 2
THE INDIANAPOLIS JOURN AL, WEDNESDAY, JULY 2G, 1893.
the deposit is not stated, bat Odd Fellow otticial mated tbat tbesum is considerably below 50,0uo. which is tbo tirfure gtveu by An aftt-rnoou paper. Toe United fetatea funds in the bank (tare ampiy secured by the bank's deposit of United States bouds placed with tbe ultreasnry department. Postmaster Tbomoaon elated that the suspension would tia up &.4JH of postotiice funds, but this would occasion no embarrassment, as the oftice could pay salaries and expenses oat of the receipts of the otlice. Mr. Thompson yesterday opened an account with the Indiana National, and wired the Attorneygeneral for further instructions. Pension Agent Knaley bald the government could not possibly lose anything by the auspen. ion. as its deposits are secured by bonds. For the next payment of pensions, due Aug. 4. Agent Entdey will draw bis checks on the Assistant Treasurer at New Yorlr. Mr. Knsley is, of course, nut held responsible for any of the funds. The .State Board of Agriculture has, its deposit in the Indianapolis National, but its balance la small. Secretary Kennedy states Uiat the preparations for the State fair will not be embarrassed, ai the board will be able to raise ail tne money necessary on the securities it has to oiler. Tne .star Building and Loan Association had a deposit in the bank, bat the amount of it is not large. Secretary 11. H. Fay said his association had adopted tho policy of scaite ring its deposits among the several banks of the city, and the amount tied np in the Indianapolis National was not sufficient to canto embarrassment.. The Danis Building and Loan Association had a balance in the bank of only $'Jd,75, having cheeked out closely to trake loans. Indian itp. ill tionHt'a Si JCkhiMrt. Following is a list of the stockholders of the Indianapolis National takenNfrom tho records of the assessor's otlice as ot April 1: Shure. Value. T. P. Hanghey: i:0 Si...(00 H. Sattenvnite, Martinsville 75 7,o M. A. Wtlr. .Vw Albany fto S.tHJO .1. II. Woodburn Ml cVHM C F. Meyer "3 i:.fo A. li. Meyer ." 2,foo A.J. TreU Ail 5.000 J. V. MeQuiddy estate Hii 2.5 H hiut Htulwr, H,roo MaryC. Kariden 4-1 4.400 Lmv Wallace. C'rawfordsville 7J 7.3; Jki.iry K. Moore...... ......... tiOO II. U Satterwlilte. .Martinsville 20 2,00 IX V. Kiuoy New Cnsth In l,f0 A. C. Thompson fc Co., Kdiuourg... f7 5,700 CitiienV tateBauk, Noblesville... 71 7,100 J. K. Kerr 11 1, 100 V.. f. Wyiie. guardian 4 40O V. V. Wilson 1 100 J. L. Mi'jiheii", l.enuiion, 0 100 10.000 A I M. Cr-y UK) lo.00 1L li. F. Peine 200 20,000 Juli V. Moore 2 200 Ihorah It. Moore '1 'JOi Kileii W. Colfax, fionth Fend 145 14,500 F. M. Dcl'aiiw, New Albany 47 4.700 F. 1- Iei'auw, New Albauy 48 4.SOO N. T. Del'auw ftO 5.00O C. W. PeFauw 50 5.000 L'nbm C.uurautee Havin'M Society, oneord. N. II 50 5,000 First National JB;uiU. Concord, N. II loo 10,000 tv. Miller 10 i.ooo Charles rtycr ...... 25 2,500 I .e;i.'-ougooiI, Cinclnn iti 50 5,ooo A. fe:iont:oo l. Cincinnati 50 5.000 M I-:. lugalls. Cincinnati loo ln.000 Alice W. 1'ierco 30 3.G00 Cier Insurance Company, Day.ton. O 120 12.000 Jl. 11. Jesaup. Yinccnncs 50 5,000 II. A. V, yniond 30 3,000 c. I;. Cotim io i.ooo C Latham IO l.U U fccbuyler Colfax, bouth Bend 125 12,5(10 Farah Wallace 20 . 2.000 R. K. Syfer rimrdiau) 11 1,100 M. M. White. Cincinnati 10 1,000 I J. C. Wilson, Cincinnati 6 (50O Florence . Wilson. Cincinnati 4( 4.000 (i. V. Marsh, Cincinnati 70 7,000 E. M. Miller, Greetifleld, 0 50 5.000 It L.Ht ifteinnt. The last published statement of the bank was of ita condition at the cloao of business on July 12. This statement was published on the afternoon of Saturday, July 15. and on Sunday morning. July 1GL It was as follows: Resources. Loans and discounts $1,545,854.16 Overdrarts, secured and unsecured 2.80 J.6S U. b. bonds to secure circulation... 50,000.00 Banking house llxture and furniture 10,000.00 Other real estate and mortgages owned 13,700.00 U. k bonds to secure deposits $325,000.00 Due from approved reserve agents 152,193.38 Du iruui other national banks 16,394.32 Due from 8tute 13. inks and banters 20,523.05 Checks and other cash items 5,63 C. 11 Exchnre forclearln house 15,10-H.OG Bill of other bank.. 2l.U73.00 Fractional paper currency, nickels and c?nts A. ... 832.05 Specie M.53i.75 Iral-tender notes.. Go.uoo.oo C33.54C.72 lledeuintiou fund with U. S. Treasurer (5 per cent, of circulation) 2,250.00 Total $2,313,153.50 Liabilities. Capital stock paid in $300,000.00 Surplus fu.d 1OO.0o0.0O Undivided profits.. .w 41.US.4k National bank notes outstanding.. 45,000.00 Individual deposits subject to check . .$820,570.50 Demand certificates ol deposit 344,235.50 Certified checks 0,000.11 Cachler'a checks outstanding 17.770.02 United btates deposit 103,090.97 Deposits of U. 8. dist.ur.Hinir officers... 100,900-03 Due to other naV.oaEl banks ..: 146,402.97 Due to Stale bank and bankers 73.573.75 1,714.567.75 Notts a lid bills rediscounted 51,i:;7.33 Hills payable 5f.lHM.oo Total $2,313,153.50 Hitory of tfie 1!msIc. The Indianapolis National Bank is one of the oldest and . has been one of the most flourishing banks iu Indianapolis and the entire West. It is one of the landmarks attbeiionheastcornerof Fennsylyanift and Washington streets, where it has been looted for nearly a. generation. The tteotleman who was president at its organization, in ltd Mr. T. l Haughey is its president still, and during its entire exfence there hare been but two cashietj Mr. E. K. Kexford. who now holds that position, nnd Mr. H. Latham, who was cashier from the orznnization until he resigned ml. .Mr. llauiibcy. the nresident, is not only th oldest, bank president in continuous service in the city but ho is, with one exception, the oldest banker here. The institution has been wisely uiauaired, hemic conservative, yet liberal in aiding the bet hnanoiai and commercial interests of the city. 1 'resident ilanhey stands huh, not as a financier :ilnur. but as u leadinsr citizen as well. Ho hus been treasurer ot tLe Indiana (irand Lodge, I. (). U. F., for more than thirtv-sixyears in succession. He was lor tix years a member of the City Council, and as chairman of the finance committee had the satisfaction of seeinu the city, at the commencement of the late war, free from debt. He has given valuable aid to Del'auw University as a trustee And member of the loan com mi t tee. in charge of its most important finances. I!o has also rendered valuable aid to common school education by his services as a school commissioner in Indianapolis. He has nlso done tiood work in
1TCVVE&3A GOOD DEAL OF GROUKD Dr. Pierce's Goidn 'Medical Discovcrv. And when you bear that it cures so many diseases, perhaps you thi;ik "it's too cood to lo true." But it's only reasonable. As a Moodcleanser, flcsh-buMcr, and strength-restorer, nothing liko the " Dis covery w h known to mlical seionce. 1 bo di.scass that it cures como from a torpid liver, or from impure blood. For everything cf this nature, it is tho only guaranteed rrmtxly. In Dyspepsia, Biliousness ; xJl lironchial, Throat ana Lunp efft-ctions; overy form of Scrofula, even Consumption (or Lunpj-fccrofula) in its earlier Ftrprts, ar.d in tho most stubborn Skin and Scalp Diseases if it ever fails to benefit or cure, you havo your money back. The worse your Catarrh, the more you need Dr. Sage's Catarrh Remedy. Its Eroprletors oifer $500 cash for a case of atarrh la tho Head which they cannot care.
the church and Sunday-school of his denomination the MethodiHt Episcopal and has represented tho Indiana Conference as u delegate to the General Conference. He is a man of business tact,' approachable and considerate in his dealings with all. Hundreds of people who will sutler no loss or inconvenience from the suspension will regard his failure as a cause for deep personal regret. Nob cvi:ln Hanks Unshaken. Epecla; to thn indiauauo. J on rati. Nobles vi lle, Intl.. July 25. Tbe reported suspension of banks at Indianapolis, today, had no appreciable etfect npou either of the banks in this city, although T. P. Haughey, president of tho Indianapolis National Hank, is also the president ot the Citizens' State Hank, of this city. The Indianapolis Xatioual was oniy the correspondent of the Citizens', and, as such, held a small balance, not enough to in any manner allect the solvency of the latter bank, which has a handsome surplus over all liabilities and the unshaken confidence of the people. The First National Hank, of this city, is a new institution. Tho management of both banks has heen on a conservative basis, and those who know moss about the banks have the greatest confidence Id their absolute solvency. HANK OF COUMKUCE.
Payment Suspended but It Managers Ex-p-ct to I(4Utne. "Owing to the stringency of the money market, and the consequent difficulties of realizing on securities this bank has suspended." This notice, written on apiece of white pter, we posted at the door of the Bank of Commerce yesterday morning, and stood out in bold relief against the blue of the bank curtain, it was put ud shortly before 9 o'clock, and a lew minutes after that time qnitea crowd of people had gathered about it. tirst one and then the other pushing anxiously op to the door to read it. Hut the slip of paper told no more than was written ou iti surface, and they would fall buck to discuss the sitnation with those who had been there before them, and to impart their views to those who bad just arrived. The immediate cause of the suspension of the Hank of Commeroo was the failuro of the Indianapolis National Hank to ope n its doors. The president and otiicers of it did nut contemplate that such a step would bo necessary until late Monday night. The first blow that the Bank of Commerce suffered was the failure of the Premier steel works, of whose paper the bank he Id some. Thin was known to some extent to the back's patrons, ifndqnitoa number of them at once withdrew their patronage. Tbe officers of the bank state that since the 1st of April they have paid out about $120,(0) from the resources of the bank, caused largely by the uneasy feeling whioh has prevailed. Then a few days ago came tbe failure of C. W. DePauw, at New Albany, who was known to have a large block of the stock of the bauk. His failure did not at the time materially hurt the batik, it carrying him only to the extent of about $21000. but it served to increase the uneasiness which had already become apparent. -Cashier William Bosson called on a number of tae bankers during the latter part of lnnt week, and told thoin the exact condition of the bank's affairs. They agreed with him tbat that condition wus a good one, considering the strained condition of other things, and told him that they did not believo that be would have any trouble in getting along, saying at the same tirue that it he needed any assistance they would willingly giye it to him. Saturday night he went to them again, and several of the bankers o tie red to loan him $10,000 each, should he need it Monday morning. He did not, but the bank finished no Monday's business very short of cash, and Mr. Bosson realized that he would need the money yesterday morning. He went to the bankers yesterday morning and tola them the condition of all'airs. but in tbe meantime news had come to them of the failure of the Indianapolis bank, and they said that they would not be able to let him have as much cash as had been promised, they believing that demands would be made on them which they would have to meet, but named a certain sum which they would advance him. That sam Mr. Bosson did not believo would be sufficient to tide tbe bank over, no concluded that the wisest course would be to close the bank, which wan done. John V. Kay, the president of the bank, said, yesterday, that the question of the bank's solvency rested wholly on its ability to realize on its securities. Those, he said, amount to about 8 &1.43H.29. and tbat he believed them all to be good. "1 would be willing to any. and do any, that I believe that every dollr.r of it is good, and that we will havo no troublo in getting it. I make the prediction that wo will open for business again in thirty days, and with every thing all right." The following statement was issued by tbe bank to Its correspondents yesterday: Owing to the inability to collect, and after adviinc with cur rriends. tfce Hunk of Commerce closed its doors this morning. This wa p rod pita ted by the cloiuof tho Indianapolis National Bank, which was determined ou last night. Below had statement at close of business last nlut: Assets. Bills receivable $35 4,458.30 BealefttHte 4'.',40'J.t)0 Furnlt.ire IV-O'O.OO Canh and cash items 13..r:to.!5 Due from batiks 17,831.53 Total Liabilities. Capital stock Cut plus and protlts Due depositor , Due banks .$130,408.87 .$200,000.00 . 0o,103.'2 . lll.'.Kiti.Sii . 'J3.4S0.17 Total $130.19?.17 Cashier Bosson was asked about his belief of the ability of the bank to resume business, and, also, about the payment of its deposits. He said: 1 do not want to be pat on record as saying that the bank will he able M realize dollar for dollar on its itecariiies. and with that lien tho'futnre of the bank. I have always believed that those securities wero good, and believe them to be so yet, but at snoh a time as this paper that was good, gilt-edtfed two months ago, may not be now. However, I am not at all apprehensive of the outcome. I believe that we will pay dollar for dollar, and. that we will have a surplus to our credit. Things are. of course, all in more or less confusion today, and as they straighteu themselves out 1 shuli be able to tell more about it." Mr. Bosson left at 4 o'clock yesterday afternoon for New.Albany, to consult with N. T. Del'auw. who is one of the large stockholders in tho bank, and will, with him. try to devise some means to extricate the bank from the difficulties in which it finds itself. Ho will return at 7 o'clock this morning. H&nk of CommercH Stockholders. Following is the stock list of the Hank of
Commerce of record April 1, last: Shares. Value. Kxecntors W. C. DePauw... .1,113 0-50 tSS'SO.OO N. T. DePauw CSO-rO 32.070.00 C. W. DePauw OlL'.VJO 3l.5 J2.ro Mrs. F. M. DePauw C2J 25-50 2G.275.00 N. T. DePauw and A. Dowlimr. ttUtees 404 371e-50 2'V237.50 Piiruu K. Mciutoah 2'25 11.210.0O J.W.Bay.. 212 25-50 N,c:r..nO William 1o4s.u 2(H) 3.!ui.oo II. A. Wyinoud - 21 l,r.ro.eo I. li. Hi nchum 9 45 .H) Mr. M. ItnvoQ 3 150.00 Lyiila Jeukius 3 luo.o
AT THE UTf.'CK HANKS. Ther tVer l'ull of ChsK and Comparatively l!mpty f People Yrtriy A finmnn. TLe other banks stood the diy serenely, A Slight run on some started at the opening and was owr by 10 o'clock everywhere, except at thi Indiana National. The similarity in nat te of this financial Gibraltar to thatot th closed Indianapolis National canted ouiei-ontuion in tbe minds of the moro thoughtless small depositors, and the run here lanied until about 1 o'clock. It misht have !ated a mouth and tho bank woald still bo able to meet all deJ mnds. For the rest of the day the banks were foil of cash and comparatively empty of people. It spoke yolnmes for tbe conservative pood judgment of the people of Indianapolis, and for the confidence in which her banks are held that the excitement was so light. Nor is this confidence misplaced
The other banks are literally "loaded for bear," and amply able to meet demands. C tnfutioii of Nninr Cu Ml lit Kun. Volney T. Malott. piefident of the Indiana National Hank, was serene and unruffled when seen by a representative of the Journal at the close of business hours yesterday afternoon. "The aggregate checked out of the Indiana National Hank to-day." said Mr. Malott, "was not large. Those who removed their balances were almost without exception small depositors. We were prepared for any emergency, and the funds withdrawn have had no etfect whatever in crippling the bank's resources. The run commenced nt 10 o'clock and at I P. M. had SDent itself, business after that hour proceeding as nsual. - The reason." continued Mr. Malott, "why the withdrawal of funds from the Indiana National exceeded that in any of the other banks was becanse the people got the Indiana National and Indianapolis National oonfued. Cue tbidg tbat goes to show the confusion tbat prevailed was the lact that many depositors, who never" had funds in the Indiana National, appeared in line with checks on the Indianapolis National.11 Mr. Malott said that he was convinced that tbe panio was over and that to-day basinets would move along in its accustomed channels. The Indiana National Bauk, Mr. Malott stated, had seen the present crisis approaching and had doubly prepared tor it. The Indiana National is the successor of
the Indianapolis branch ot the Hank of Indiana, and has gone through all the panics, both general and local, with credit. Mr. Malott stated that tbe suspension of the Indianapolis National was due to the failuro of its otiicers to anpreciate the conditions that exUted and the consequent failnre to prepare for the crisis tbat was impending. When they did finally realize the situation it was too late to get under cover. Mr, Malott did not think that any of the other banks were in an exposed condition, and he believes that the panic, so far ai it relates to Indianapolin. is over. Tbe business oondinons ot Indianapolis he regards as eminently healthful. There is no inflation of values, no boom; but all kinda of business are on aconservativo basis. There has been a gradual accumulation of capital here during several years past, and whatever the extent of the crash and collapse elsewhere, the continued prosperity and stability of the business interests of Indianapolis are asturoJ. The aepoaits from regular customers at the Indiana National yesterday were fully ud to the average dally deposits, and many new accounts were opened with It by some of the largest and best business houses and corporations. The business community knows that this institution is safe beyond question. At th M.ri!irtiit Nation!. Tboro was midsummer dullness at the Merchants' National all day, and it looked as though its depositors bad gone fishing. "The doors are wide open." said Cashier Otto Frenzol, "if anybody wants to come in. We are never caught napping." President John P. Frenzei said: 1 am very sorry to hear of the suspension of the ludianapoli Natioual aud the Bauk of Commerce. Mr. Ilautchuy has been very popular with his fellow-bunkers and I am natUtled that I voice the sentiment of all the banks in saying that ho has the lulleat sympathy of us all. The suspension 1 probably due to the delay in converting securities into oan. I am of the opinion that depositors iu both of these banks will be paid in lull in due time-. While tho eHect of thee failures will be to excite the small and timid depositors, the remaining banks are fully prepared and will inoct every demand. State Hank of Indiana. The new State Dank of Indiana, whoee statement to the Auditor of State a few days ago showed it to have over 70 per cent. of. its liabilities in otsh, was taking things serenely when a Journal reporter called at 2:30 r. m. There was nobody in the bank bat tbe oflicials. "We have gained in deposits to-day," said President Holt. "I expected a run. of course, and we were amply prepared to meet it, but on the contrary we gained new accounts. About twenty small depositors withdrew this morning, and I hope they will stay out. That is not tho kind of depositors we want." The hank was kept open until oo'clock to accommodate any who 'might come, bat there were no callers after 3:10. At the Merl.lt -n National, Mr. Wm. P. Gallup, president of the Meridian National, was in the front part of tbe bank most of the day. meeting depositors with a friendly word and assisting the few who wanted thoir n.onoy to got their checks cashed. Late in the day he said to a Journal reporter: "We are all right. We are here to pay all demands on the bank, and are prepared to meet them. I have no fears of the outcome. The only regret I have is that the money drawn out of the bank is just that muoh withdrawn from the channels of bnsiness, and will make tighter times for those wanting bank accommodations." Capital Natlona'. Cashier Charles J. Doherty, of tbo Capital National, stated to a representative of the Journal that tho failuro of the Indianapolis National had bad no ellect whatever to create a scare among Capital National depositors. He believed that the experiences here thus far were such that Indianapolis bankers would take such precautious that they will be able to withstand any run tbat mav bn precipitatod. At Flett-hei'i litik. At Fletcher's bank business went on as nsual. except that) some new accounts were taken in. Even at the opening of business, vhen there was a panicky feeling ou the etreets.it did not reach the Fletcher depositors, and no withdrawals of balances were noted. 1 he bank remained open until 5 o'clock to accommodate depositors, but little or no . business wan transacted after the regular banking hours. COUNTY TK12HSUUY FILLING UP. Many Ppl Flocked There Yesterday to ' Pay Their November Taxes. County Treasurer Packns said yesterday afternoon that tbe suspension of the two banks and consequent runs upon the other banks was noticed by a phenomenal intlnx of callers at the treasurer's office to pay their second installment of taxes. There was an unusually large amount of money taken in ty the office in this way yesterday. Very soon after banking hours persons began coming into the otlice Daying their taxes aud a large nnmber naid them in crisp, new bills which still retained tho smell of tbe vaults. One man employed in the courthouse displayed a roll of bills tbe amount of which is unknown but there was a rive-bnndred-dollar nie in the roll. He was asked by Treasurer Backus where he got the money and replied that he had drawn it ont of Fletcher's bank when he heard of the other failures. "Take it back," said Backus. "You are foolish; there is no cause for alarm." Later in the day he took the money back and deposited it in the same bank. Transferred to the Indian National. The accounts of three railroads, the 13ig Four. h. E. &. W. nnd I I). vV W., which had been doing business at the Indianapolis National, yesterday went to the Indiana National. The following telegram was received by President Malott from President iDttull. of the Big Four: Cincinnati, O., July 25. I underptand Indianapolis National is closed. I have directed all of our people, to deposit in your bunk. M. K. iMi.vLl-S. Will Accept Check t Pur. Roots .V Co.. carriage dealers, this morn ins advertise that they will accept checks on the IndianuDolis National and the Citizens', of Connersville,' at par for purchases madeof them, thnn expresAing their entire confidence that depositors will bo paid in full and quickly. A Factory Cloe Dow. The Central chair factory, employing 150 men, clotted down temporarily yesterday on account of the bank suspensions. The Controller Surprised. Bpf clsl to th IodisDsoolis Journal Washington. July 25. The news of the failure of the Indianapolis National Bsnk caused greater surprise to Controller of the
Currency Eckels than did that of the Capital National Bank two months ago. Mr. Eckels had just told tbe Journal correspondent that be expeotei to sse the Kendallville bank resume, in a few days, and that the failure of Mr. Huston's bank would probably have no disastrous ellect. While be spoke telegrams came pouring in from all over the country, from Texas to Wisconsin, officially announcing the failnre of national banks or unofficially notify in it him of the suspension of private banks. The abstract of the report of tbe Indiana banks, under the last call, bad not been completed, but it was generally very satisfactory, and the absence of any evil eltertsof the recent stroke of Dwigsinsism on tbe national banks bad been commented on. Then, wbon the failure of the Indianapolis bank was anuounced, it was like a stroke of lightning f ron a clear sky. Indeed. Mr. Eckels, after tbe first shock, took pains to conceal the amazement he felt. Commendable Action of Stockholders. Special toths IndUnapo.l JournL Columbus, Ind., Jnly 23w The stockholdereof tbe First National Bank, of this city, held a meeting here, this afternoon, nnusual in its character. It was the first meeting of tho kind ever held in this part of the State. Tbe individual stockholders of the First National Bank, on which there was nornn. met and made public the atAtnrnent that thev hnd signed an agree
ment binding their individual properties for the payment of all depositors in fnll. There has at no time been a run on this bank, whioh has enjoyed the confidence of alL INDIANA DIVISION L. A. W. Interesting First Day at Fort Wayne, with Harmon and Minor Winners. Alehandre, Miss Lids, and the Speedy May Marshall Win at Cleveland Winners at Saratoga and Monmouth Ball Games. HI CYCLE KS AT FT. WAYNE. Eight Event at Centllvre Park Witnessed by 3,800 People. Special to tb IcrtlfcnaDoii Journal. Ft. Wayne, Ind., July 25. The Indiana Division of the League of American Wheelmen met in Ft. Wayne to-day. The exciting races ocourred at Centllvre Parte before 3,800 people. Thomas Hay, of Indianapolis, olhciated as referee. The weather was line, and tbe half-mile track a dirt onewas fast, but a heavy head wind prevailed and interfered with recor'd breaking. All the crack riders of the country were in attendance, save Zimmerman. The novice, race prizes were won by three Chicago men in slow time. Great interest was takeu in the State championship events, and Indianapolis riders carried otf the prizes for all three quarter, half mile and two-mile events. W. C. Marmon won tho tirst two, but K. V. Minor outstripped him in the last. M. H. Burt, a Wichita rider, with seventy-tive yards, won the half-mile handicaD. lie went the half in the second heat in 1:00 43, remarkable time, considering the wind. The riders in the mile open raised a howl when the referee fixed the limit at 2:80. Banker and Bliss finished the lirst heat in 4:00. The final heat was in 2:32, and the race was postponed till tomorrow. The final heat was sent away nnder the protests of Murphy and other Eastern riders. Johnson, Sanger, Bliss, Taylor. Murphy and Windle will start in races to-morrow. Summaries: One Mile Novice John Clark, Chloairo, won; M. II. Otto, Chicago, seoond; I. W. Leonard, Fort Wayne, third: J. W. Adams, Chicago, fourth. Time, 2:o945. Half-mile Handicap: Final Heat M. H. Burt. Wiobita, Kan., 175 yards) won; W. B. Inks, Ligonier, Ind., (100 yards) second: H. N. Kirby, Marion, Ind.. (100 yards) third; George F. Taylor. Waltham. Mass.. scratch, fourth. Time. 1:03 3,5. Taylor's time. 1:04. Quarter Mile; State Championship W.C. Marmon, Indianapolis, won; E. V. Minor, Indianapolis, second; Marion Blaok, Fort Wayne, third; William McClellan. Fort Wayne, fourth. Time. :3 15. One Mile Open; Final Heat Time limit fixed at 2:30. George F. Taylor finished tirst in 2.32, and the starters reiused to go again, claiming tbe'time limit could not be made on account of the wind. It was theu postponed until to-morrow. One Mile; Taudem Koy Katr and J. P. Bliss, first; X. E. Kumsden and C. T. Kinsley, second. Time. 2:o0l4. One Mile; Championship Fort WayneMarion Black tirst, William McClellan second, A. C. Alter third, L. H. Dascomb fourth. Timef2:4'.. One-half Mile; State Championship V. C. Marmon. of Indianapolis, tirst; li. V. Minor, Indianapolis, second; H. N. Kirby third. Time. 1:14 35. ' Two Miles; State Championship E. V. Minor tirst. W. C. Marmon second Marion Black third. Time, 5:51 35. In an attempt to beat the half-mile nnicycle record Hoy Koator went in l:5'J35. CLEtTLANU TKOTTINO. i Favorites Had Little Trouble to Win the First Thr ltue. Special to the IndJsnsDolls Journal. Cleveland. July 25. The favorites bad everything their own way at the opening day of the Grand Circuit races in this city. From the time tbe beil was rung for the tirst beat until tbe last of the afternoon, the first choice of the pool buyers demonstrated that confidence was well placed. The opening event of tLe afternoon was the race for trotters of the 2:27 class. It took four beats to wiu it. but it might just as well have been son in three. Hiokok. who had the blacit California inure Alabandre, was not altogether sure that he could beat Nyanza and he tried the first hoat to ascertain of what kind of stuff she was made. He evidently was satisfied that he could win witbont trouble, for the next three heats went to the Californian with scaroely a strugaie. Outside of Nyanza and Alahandre there was nothing in the held thatbad speed enough to make a race against tbe favorites. The four-year-old 2:25 raee was a gift for Miss Lida. She bad been cracked up a sure winner on tbe form shown in previous contests ana in the three heats that it took ber to win the race, there never was a time that tbe nose of another horse showed in front. The paoing race, for horses of the 2:-0 class, was an unknown quantity, and it was believed that it would tako six or more hf ats to decide it, but May Marshall, the fall sister to Mtry Marshall, the trotting mare, was at her best and surpassed her own record, winning the pace in three heats after the tirst. She lowered her mark to 2:12. which ii a shade faster than that of Mary Marshall, her trotting sister. The pair are probably the fastest full-blooded Bister in the trottiug world. In the tirst boat May Mssball was not in good place to get to the front, but after she had secured a position in that beat she fonnd it not & hard task to beat tbe remainder of tbe field, and generally did it coining home from tbe three-quarter pole. Christo (Juef n. a Kentucky mare that won the tirst beat, made a new mark for hereeif. The averase time of the race was tbe fast est of uuy 2:0 race that ever was paced over the track. The driver ot Juliet was thrown from his sulky on the hack stretch in the fourth beat in some unaccountable way. and th horo ran away. Fortunately no one was injured, but the horse lost a chance to win third money by bing distanced. Tip o'Tip. who had shared the position of farorite with May Marshall, on account of the showing that he made at Detroit, was very nusteady. and in the fourth heat of tbe race was distanced. Summaries: J:V.'7 class, trottiug; purse, 82,000: Alahandre 2 111 Nyanza 15 5 3 Wilkes 4 3 -J 2 Bflltue ! - 3 5 Adra Hello 7 4 4 Medio ' 4 7 7 Macirte Monroe 7 0 C 6 Alma I1. Tlme-ttia. 2:174. -J:IB4. H :lb-Fnnr-year-old. 2:25 clan, trotting; parse. 12.000: Miss Llrta 1 1 1 Aunt Delilah..... 2 2 8 Alsppy J ady...... .. .. 4L 9 2
Highest of all in Leavening Power. Latest U. S. Gov't Report,
Sahina Jessie C. 1'everlll Blue Bell (lift O'Neer. Royal Wilton Time-2.iy, 2:17, 2:20. 2:20 class, pacing; parse $2,000: Mar Marshall Christo Queen Maud P Drelinoourt Polly T. Cyclone ..3 5 ..5 7 ..G 4 ..8 V ..7 0 ..9 8 A ( 4 7 5 8 9 .10 . 1 . 5 . 9 . 4 . 6 .. 8 .11 '. 3 - 4 1 1 1 1 6 3 4 5 9 5 8 5 3 8 4 Ada Moonstone... 4 3 9 7 4 dr Tip o' Tip Judet Blue Hal 10 lOdis 4 idis lldis Time, 2: 114. 2:122, 2:12,2: :144. Garrison YYlnnliir Mount. Monmouth Park. Jnly 25. A stiQ southerly breeze, with clouds of dust, made the afternoon at this uaek anything bnt pleasant. Attendance light, Jnst before the racing began auctioneer Bruce sold in the saddling paddock . tifteen horses in training, tbe property of Fred. Gebhardt. The entire consignment brought only SUhO. The first race wat reduced to a mreecornered light hetweeu Sirocco, Fairy and Aloha. Garrison had the luoant on Sirocco. He rode a prlct raoe and lauded him an easy winner. It was tbe "Snapper's" lirst winning mount since he piloted Boundless to victory in the treat American Derby. Theorem ol the day, the Stevens stakes, was won by Sir Walter. lTherace was bnt little more than a pipe opening gallop for him. Hesults: First Kace Five and one-half furlonc. Sirocco won; Fairy eecond. Aloba third. Time, 1:04 Vs. Second Kace Six furlongs. Lnster won; Mary stone eecond, Kedbanner third. Time. 1:10U. Third Kace Fiye and one-half furlongs; the baphug stakes. Senator Grady won; Henry of Navarre and Hiderabad ran a dead heat for place. Time. 1:05. Fourth Kace Uno mile and a half; tbe Stevens stakes. Sir Walter won; Kainbow second. Young Aron third. Time, 2.37 M. Fifth Kace Five and one-half furlongs. Little Pirate wou; Crosstire colt second. Ascot third. Time. 1:0& 8ixth Kace Six furlougs. Macintosh won; Chief Justice second, 2.1 r. Sass third. Time, 1:12. Event at Stratoga. Sakatoua. July 25. This was the second day of tbe Saratoga meeting. A light rain was falling, but tbe track was in fair condition. Kesults: First Kace Six furlongs. Mary S. won; Wheeler seoond. Kear Guard third. Time, 1:16. Second Race Five-eighths ot a mile. Tarrook won; Dispatch eecond, Edith third. Time. T.o:i. Third Kace Six and ons-balf fnrlongs. Sarah Kamey won; Sister Mary eecond, Lizelg third. Time. 1:22. Fourth Kace One mile. Old Pepper won; Philoru. second, Jugurtha third. Time, l:43i. . Fifth Race Hnr'dles. one and one-fourth miles. Alfoonsmo won in 2:22; liasino second, Geroniiuo third. National pgao Gms. At Louisville (Attendance, 1,400.) H. z. Louisville. ..O 0 1 O O 1 2 O O 4 8 0 Pittsburgh. .0 0 3 1 1 0 5 0 -l0 17 3 Batteries Rhodes and Grim; Gambert and Sugden. At St. ,ott (Attendance, 1,500.) lr. K. St. LouU 1 O 4 1 O 2 o 1 o-! i:i 4 Chicago O O O O O O O 1 (i 7 7 0 Batteries Clarkson and Gunton; McGill and KlttrJdKO. At CincinnuK (Attendance, 1,401.) ii. k. Cincinnati.. ...3 O o o 0 0 O O 14 f 1 Cleveland 1 O O O 2 O O O 0-3 7 I Batteries Sullivan and Murphy; Young and O'Connor. At Philadelphia A.len dance, 5,000.) n. e. Philadelphia..O O 4 O 3 2 O a 2-HJ 17 2 Brooklyn 2 1 0 2 0 0 2 0 0 7 81 Batteries Wcyhing and Clements; Stein, Kinslow and Foutz. At .Xuo York (Attendance, 2,300.) ii. k. New York 3 4 0 1 1 0 0 0 -9 13 2 Baltimore O 0 0 2 0 0 0 0 1-3 4 2 Batteries Kusle and Milligan; McXabb. Ilawke and Ciaike. ' AtJtoston (Attendance, 1,015.) n. e. Boston 4 0 0 3 0 1 0 3 2-13 13 1 Washington 30001 10 O 1 ( 13 7 Batteries tivetts and Ganzel; Espei and Farreli. ltUAhvIlle, 11; Carthage, 9. Special t the Indian noon- JouniL Rushville. Ind.. July 25. Knshville defeated Carthage in an interesting ball game this afternoon. Abercrom hie. Wolfe and Tompkins were in the poiuts tor tho home team, and Sparks and No why for the visitors. The score was 11 to U. YLSlLKliAW- MNK 1.EC0KD. (Cnclnrtd from Firnt Pe.i down Saturday for one mntn on account of not being ante to liud niarke for their products. The number of bauds employed is 1.7)0. und the pay-roll is 3:0.nJ.) per month. Tbe compauy's mills at Warren, Palmer. Thorndike. Kendville and Three Kivrs will alo curtail production to tbe same extent as the mill at Ware. Rutlaxi. Vt.. July 25. The Vermont Marble Company has notified its men that wapes will be reduced 10 per cent, on Aug. 1. Tbe company is tbe largest marble concern in the world and employs about two thousand men. Fricimumj, Mass.. Jnly C5. Another shot down has come in the closing of the Putnam tool works. The company does nt know when it will resume work. The large Putnam machine works are running. M t.w a r k k r, .July !3. Late this afternoon the J. Oherroann Brewing Company made an assignment. II. P. Ohermann is the assignee and bis bond is 81,200,000. Sr. Lotus, July 2j. Kipley Sr. lironson. iron merchants ana dealers in all kinds of iron, made an assignment this morning. Liabilities. $150,000; assets not given. Hi'im-ol, Tnn.. July 25. Che Bristol Bank and Trust Company to-day went into voluntary liquidation. They have $30,000 assets and owe f 15,000. Conciki, N. H., July to. Holden'a woolen mills, at West Concora and Pennacook, will suspend operations, Thursday, for three weeks. Bos i n, July 25. Mason &. Hamlin's organ and piano factory at Camhridgs has sbnt down for three weeks, owinn to the dull business. CrltlcUlne Intltaiiapoll 1'ullce. Fh'.lidelphia Presi. The police of Indianapolis appear to bAVA learned nothing from the experience of the Fall Kiver police in the Burden murder case. They are making the sme error .v taking it as a matter of course tb it the wife ot the man Kline, who was murdered in hi own bou recently, com-
Ap
ollinaris AND ITS PURITY.
41 Apollinaris is exceptionally favored, pure and agreeable. Its value cannot be overestimated in locations where pure drinking vater is the exception." The Medical Record, N. Y. " Issues from a Spring deeply imbedded in a Rock and is therefore of absolute organic purity." B Professor Liebreich, Berlin
O ItAILWA V Tl XI K-TA Ill.ttS. Indip.Eapoltd Urr.cn Statio ennsylvania Lines. Trains Kun by Central Time. Ticxex OmciJ st Station and at comer Illlaoh and TRAXyS Rl N AS rOLIXWS Daily, t lMiljr, except Mandftj. FroM IJCDIANATOLIS TO LEAVE AWtZXT. Columbus. InL. SQ'l LouUvllle 3.53 am 12.15 na riulaaelpbla and New Vorlt.... 5.00 am 10.1.1 p n llaltimore and Wunhinstou.... ..K)ara lo.lfVpni Dayton and tiyrtUKtieUl 3.Karu 11o.l5pm Kichmonrt and Columbus, o.... s.ooam t;l.2Jpra Martinsville and Vincenue.... .o)a:a S.lonni Madison and lui die H.oi rn .".." pna Dayton and Columbus 1 1.4." a u 7.f5 a-n Loanaport and Chicago ll.so a n l.oj pm Columbu, Ind.. and LoiilsviUa. "l.VOym '11.40 a Philadelphia and New York.... M.00 pm 1J.:i ;i.n Ilaluraore and Washington 3.00 pm l-.'.S Jp n Dayton and Springfield... ...... 3.oo pm l'J.iOpja Knighfaiuwn aud Kiclimond... 14.00 pin t.Ul lan CoIunibuK. Indan-l Lrtuisnile. i.oopm I0.l5.iu lxcaiiK)xrt and Chicago M.tKi p n ;.4J p a North Vernon and M.ll.Hon.. ti.no pm 110.15 ru Martinsville and Vincdnnes... t4.4);a lltMaa Ilttiburg and Kst ..K0 pm 1 1.40 m Dayton and Xenl. "3.3V) pm ll.iO.va Columbus. Ind.. and Lonimlle. ,J.ijp:n 3.50;:a Loganport and Chicago 12.;t.vn :t.4i --a HI SHORTEST ltOUTS From lmlianupoUs Union S'ilioi Train leave for St. Lmi 7:30 am.. 11:50 anx 1:00 piu., 11:00 rrn. Trains connect at Terrs Haute for JE. t T. IL points, trans Tills sleejef on 11:0a p. in. train. Trains arrive from St. Louts 3:30 am., 4:50 am.. J:5U pin., 5:'.0 pin., 7:45 p.n. Terre Haute and Urtenoastle accommodation arrives nt 10:00 iu and leaves at 4:00 nta. blecplnc nnd Parlor Cam are run on through trains. Dlnlug Carou trains J0 and J1. National Tube-Works W ROOT-MS PIPE foi; Gas, Steam & Water lloiler Tulf, Cal and MaUcabl Iron rutin ca (black and jralvauiztsl). Valves, Stop Cocks, lltiint Tnmniings, Steam iau?es. Pipe Ton?, Pipe Cutters, Vi(e, Screw Plates and Dies, Wrt lichen, Meam Traps, Piitnus, Kitchen Muk H-s Iiililiig. J'abblt MetaL Scl-ler, Whitfr anu Colored Wlpiusr Waate, und all other Supplies umsI in cnnection Mih (ias. Steam ant Vater. Natural tias supplies a i'CiaUy. steam heating Apparatus f-r PuMic inul.U in 1.x. store-raimis, Mill. Slu'i s. Fnc lories, lAundriea, I.umlter Drj-hmiKes. etc Cut and Thread to trler any Use WroushMron Piie tnm 4 inch to i'J inches diameter. Knidit & Jillson, 75 and 77 8. PENNSYLVAN IA 7,. V v'-,Tk. HOSPITAIj SUPPLIES TIXF TRUSTEES Off the Central Indiana lio.piti to Insane will re colve Healed propota a un to e'ru a , Jul. at 10 a in , fur furnmia a tu.l line d sti p for the month of August, lleiiui ltion uolc wi:i uu nlw nt Itoom 43. Sun hou, from and alter Julv J4. lny t. By or.'.er of IJUAltD OF TRUSTEES. ruitted the deed, and they are harrying the poor woman with threats iu tha hope of extortiutc a confession. There Is absolutely no evidence acaiost the woman except tbe facta that she was tbe tirst to discover tho crime and is tbe only person known to have been in the house, at the time the deed was committed. Neighbors are also com nutting the same tdunder many Fall Kiver people did in making tbrtneelves judge aud jury and trying the case oil' hand, pronouncing tha wite uuilty and demanding that the authorities arrest her. It is a most unmercifully cruel treatment of a woman who has alwaTft borne a good character, and who, ns a result of the tragedy, is compelled to uo to work and support beno-if and children. There ouuht to ie enough honest public sentiment in Indianapolis ta demand fair treatment for this woman under such trying circumstances. TWENTY-ONE CAIIS LL'KNED. Fire at Lafyett uppor.ct to Have Been Cwuset tiy Trumps bpeelal to the Iu?ianapnis Journa'. Lafaykttk, Ind., July 23. At 5 o'clock this afternoon a vaoant warohouso beloDgiug to tbe Monon Hallway Company was tired, it is supposed by tranipe, and was entirely burned. Tbe flames spread to tbe long lines of freight cars on the adjacent tracks and twciity-one cars were burnt d. The north end of the passenger and freight depot was on lire many times, and it was ao hot the otiicers Lfttt to flee. leaving their papers. Tho latter were not burned. The depot is damawed $l2). Flames communicated to the residence of ex-inirsiinl Mortimer iSullivati. and bis property and yurds were damaged &j,000. lie carried no insurance. Of tbo twenty-one cars burned, nineteen were loaded with coal, salt, lumber, atone. Prick, etc. They were mostly oars belonging to Otber roads and are a complete loss. The railroad lost is estimated on cars, contents and buildings at about $,10J. Nothing Cbii be ascertained bete as to any instance. The wind carried horning shingles several blocks and united roofs ol other dwellings, but no other serious lirta occurred. GENEltAL WEATHKK IlULLETIN. ("orecast foe Wednesdsr. Washington', July 25. For IndianaLocal showers, followed by clearing; cooler in extreme southern portion; westerly wind. For Illinois Local thunderstorms; clear ing in northern portion; variable winds; cooler during tbe day. For Ohio Thunderstorms; westerly winds and cooler Wednesday evening. LocJ Y9tlie llt-pnei lM)lNAPous. July 25.
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Time. Bar. Tlttr. Ii. U. W ind. Weather, tree, 7 a.m. 30.12 77 5'J Uouth. Clear. 0.00 7 V. M. 'J9.P9 7 7G. t8'vrest. Cloudy. O.QS
Maximum temperature. 05; inltilmura teru peratnre, 73. The foli wing i a comparative tatomentof the temperature and precipitation lor July lb'ja: Ten. Pre. O. 15 O.O'i -0.1 It Normal Meau. ...... ...................... Deptrture from normal E ice or det'.c'.enov since Julr 1 7G ft;t i:xces ordUoiency since Jau. 1 330 Flus. c. F. K. WAirr.Mf Local Forecast Olliclal, L'ultoa State Weather Huruni.
