Jasper Weekly Courier, Volume 37, Number 38, Jasper, Dubois County, 31 May 1895 — Page 2
WEEKLY COURIER,
O. DOAXK, XubllsUor. JASPER, i INDIANA. Tiik revenue cutter Perry Railed from Port Townsend, Wash., onthe22d, for Rehrlng sea. On the 23d Gov. Hastings of Pennsylvania approved the bill prohibiting the selling of pools and transmitting bets on racing tracks. It is learned that the Belgian government has decided upon the indefinite postponement of the project to annex the Congo territory, hence the resignation of Count Westorloo. Tiik congressional, senatorial and legislative apportionment bills were defeated in the Pennsylvania house, on the 2lst, and the judicial apportionment bill was defeated in the senate. It was stated in St, Petersburg, on the 23d, that Russia will not consent to Japan' military occupation of Coren, and that she will soon request Japan to recall her garrisons from that country. TWENTY-KIVK THOUSAND people tnado the rush for the 437 claims in the ICicknpoo reservation, on the 23d, only to find that the "sooners" had anticipated them and secured all the really desirable claims. It is stated that Mr. Joseph Choate's fee for arguing the unconstitutionality of the income tax law before the United States supremo court was 5200,000, one-half of which was paid as a retainer, regardless of the result. Thr usual Saturday consultation of the members of the United States supreme court was omitted, on the ISth, because of the annual planked shad dinner of the District Rar association, which some of the justices desired to attend. A CAlit.KOitAM received, on the 22d. from Mr. John W. Foster stated that he would leave Tien Tsin on that dnte for Shanghai, to remain in that eity several weeks. It is not expected that he will sail for the United States before July 1. Ma. M.vnv RuowN, a monogarnian pensioner, died, on the 10th. at her home 5 miles from Kuoxville, Tenn. She was the widow of Joe llrown, a soldier in the revolutionary war, and was born in ISO I. Her husband died fifty-one years ago. Advjcks from Madagascar say that fever is making fearful ravages among the French troops there, especially among those who spent the rainy season on the coast Of one company of soldiers 150 strong, only forty men were available for duty. Tun Nicaraguan minister. Dr. Guzman, was, on the 20th, authorized by his government emphatically to deny the report that war is imminent between Nicaragua and Costa Iiica. The dispatch states that there are no causes for disagreement between the two countries, and that their relations are most friendly. On the 21st Commissioner Miller sent the following telegram to all collectors of internal revenue throughout the United States: "Dispense with services of all persons employed under allowance made for income tax work at close of business on the 25th inst, reporting at once number discontinued and salary and expense allowance of each." Caiu. RnowNB and J. S. Coxey addressed the Central Labor union May day celebration in Cleveland, O., on the 10th. Rrowne predicted that the gold forces of both parties would combine on tlrover Cleveland as the most reliable candidate, and he suggested Coxey as the Moses who would lead the silver hosts, through the people's party. In a speech in one of the committee rooms, on the 21st, M. Rouvier made the startling statement thut the expenditures of the French government were increasing 1,000,000,000 francs every decade. He said that such an increase was beyond the country's means and declared that the country was nearing disaster which only retrenchment could avert. DmKCTOii of tiik Mint Pkkston estimates the production of gold by the mines of the United States approximately, during 1S94, to have been l,lUO,S00 fine ounces, of the coining value of S39,r00,000, an increase over lbW of $3,500.000, which is the largest amount produced in any year since 187. The production of silver is estimated at 40,500,000 ounces, of the coining value of $51,000,000, showing a decrease as compared with 1803 of 10,500,000 ounces. Rv a report made public on the 2Hd it appears that during the fiscal year ltsül the bureau of animal industry in spected more than 13,000,000 head of animals at forty-six abattoirs, In sev enteen different cities. Of this num ber a total of 10,703 were condemned and sent to the tank for destruction, divided as follows: Cattle, 4,127; sheep. 400, and hogs, 12,110. In addition to these whole carcasScs there were i great many portions of carcasses that were condemned. Tiik southern Sound Money conven tion at Memphis, Tenn., on the 23d, was much more numerously attended than its most sanguine friends anticipated. During the two sessions held, afternoon and evening, President Cleveland wns eloquently eulogized by several speakers for his tiiilllnehlng stand In support of the public credit; Secretary Carlisle addressed the meeting in favor of the gold standard of value, and a platform in line with the secretary's vlewr, was unanimously adopted,
CUBKKXT TOPICS.
THE NEWS IN BEIEF. PERSONAL AND GENERAL In Indorsing Rear-Admiral Meade's request for retirement, on thu 20th, President Cleveland sulci: "The president regrets exceedingly that the long, active service of this ollleer, so brilliant in its early stages and so often marked by honorable incidents, should at its close be tarnished by conduct at variance with a commendable career, and inconsistent with the example which an oiliccr of his high rank should furnish of submission to the restraints of wholesome discipline and manifest propriety." It v a divided bench, four of the associate justices dissenting, tho supreme court of the United States, on the 20th, declared the income-tax law, passed at the last session of congress, to be Unconstitutional. The money already collected under the law will be immediately refunded. Tub Norwegian bark Ceylou was wrecked on Goodwin sands, on the southeast coast of Kngland, on the 20th. Four of her crew were saved, but six floated out to sen and probably perished. Ms. PitrnnxcK Tkaovk, for many years a minister of the Friends church in Indiana, died at the home of her daughter, in Wabash, on the 10th, aged 87. She was born in Ohio. For fifty years she traveled through central Indiana, conducting services of the Friends' church, in the families and in the meeting houses. Hauuy Gihso.v, who killed Ed King, a fellow convict, at the northern Indiana prison, on April 11, was placed on trial in the Laporte circuit court, on the 20th, and the jury returned a verdict of guilty, assessing the penalty at death by hanging. At Louisville, Ky., on the 20th, Mrs. Mar Shreve-Goodloe-Ransom-Hullitt was awarded a decree of divorce from Col. Cuthbert liullitt, her fourth spouse. The divorce was granted on condition that the plaintiff withdraw all charges against the gallant colonel, and also that she be compeled to drop the name of Rullitt. M. II. Si.iFKit, a prominent citizen of Leadville, Col., was murdered, on the evening of the 20th. by robbers. Mr. Slifer was returning to his home on Rrooklyn Heights, and. when only a few rods from home, three men jumped out of the brush and struck hitn 'over the head with rocks. Tiik German reiehstag;, on the 20th. pas-ed the sugar bill by a vote of 01 to 45. Tiik British admiralty received news, on the 20th, of the death, en route to Victoria. II. C, of Capt. Frederick P. Trench of the Rritish flagship Royal Arthur, recently at Corinto, Nicaragua, where the captain acted as governor of the port during the occupation of that place by the Rritish forces. Gi yC. Mai.y committed suicide at Milton, Ind., on the 20th, by sending a bullet through his head. He hud just been relieved of his position us agent for the Rig Four railroad and despon dency over this is the reason assigned. Iiis home was at Laurel, I ml. Pkof. Hkniiy S. PuiTCiiAitn, teacher of astronomy and mathematics at Washington university, St, Louis, has been honored with the title of doctor of philosophy by the university of Munich. Germany. Prof. Pritchardhas been in Munich a year, and will return to St Louis next September. A DisrATCH from Pekin, on the 21st. stated that an imperial decree had been issued recalling from Formosa the governor and all of the other Chinese oflicials, civil and military. On the night of the 10th, in the re vival meeting conducted by Evangelist Chapman and Rill Horn at Ottumwn. Ia., W. T. Miller was among the first to profess conversion. On the 20th he fell dead on the street from a broken blood vessel. Rev. F. E. Rkkhk, a Haptist minister of Delaware, O., has retired thirty of his wealthy parishioners because they belong to Knights of Pythias lodges and Masonic organizations. The Mount Vernon Raptist association has voted him "silent," but Mr. Reebe refuses to deliver up his ordination papers. At a meeting in Roston, on the 21st, of the directors of the Tamarack Mining Co., a dividend of four dollars a share was declared, payable June 25, to stockholders of record May 31. This makes a total of dividends declared and paid to date of S4, 270,000.' Advices froiff western Michigan say that all fruit and vegetables that survived the previous frosts were ruined by that of the night of the 20th. Tiik Merchants' national bank of Seattle, Wash., failed on the 21st J. R. Kokttino, ex-cashier of the South Side savings bank of Milwaukee, which suspended in 1SÜ3 with 51,500,000 deposits, and which will not pay twenty cents on the dollar, changed his plea of not guilty, on the 21st, to guilty of receiving deposits In an insolvent bank, and was sentenced to five years in state's prison. RY an explosion of nitro-glycerine. on the 21st, the California powder works at Pinola, Cnl., were destroyed at a loss of 5:250.000, and five white men and nine Chinamen were killed and a number injured. Gi:n. S. S. Hi.nki.k, a prominent lawyer of Washington city, and adjutant general of Ohio during the war, died in Washington very suddenly on the 21st. An explosion occurred at the Monongah mine, 30 miles south of Morgantown, W. Va., on the ül.t, in which four persons were killed and several injured. The remainder of the 132 men nt work got out in safely. Fu.v.vz von Sri'i'K, the famous composer, died In Vienna on tho 21st Tin; Schroeder Commission Co., carrying on a bucket-shop business In the Exchange huildingat lvunsusCity, Mo., failed on the evening of the 21st, with liabilities placed at S1!I5,000. There are no visible assets. i The linn was on the wrong side of tl'io wheat market and was caught short
Tin: Michigan senate, on the'.'lst, b.v a vote of 18 to 12, passed the bill to re
store capital punishment in certain cases in that state. Rkimikskntativi: Cooswki.u of Mas sachusetts, who had been ill at Wash Itigton for three weeks, died at 1 o'clock on the morning of the 22d. He suf fered from a complication of diseases, and his death had been expected for some time. Gkoiiok II, HosMKit, the well-known . oarsman, was reported, on the 22d, to be in u critical condition at the city i hospital in Roston. A fevvdavs before he accidentally swallowed some small splinters of broken glass while drink ing, and the physicians did not expect him to live, as internal bleeding had set in. Tub Vivant hotel, opera house block and several other buildings in Antigo, Wis., were destroyed by lire early on the morning of the 22d. The guests of the hotel were compeled to jump from windows to escape the flames and several were severely bruised; loss, $20,000. On the 22d the Pittsburgh (Pa.) jury in the ease of Pitcher Raldwin against Chris von der Ahe. manager of the St. Louis Drowns, for false imprisonment, gave Raldwin 2,500 damages. A disi'atcii from Loudon, on the 22d, stated that Gen. Rooth. of the Salvation army, was seriously ill in that city. Tiik crew of the German steamer Virginia, lying in the harbor of Copenhagen, mutiued, on the 22d, whereupon the captain drew his revolver and shot several of them, one or two seriously. This quelled the milt inj', and the wounded men, together with the others concerned in the revolt, were placed under arrest. Tub statement was current in Washington, on the 23d, that on the assembling of the next congress Representative Routelle will offer a resolution to strike from the records of the navy department President Cleveland's censure of Admiral Meade, because it is without precedent to censure an ofllcer untried by court-martial for an alleged offense. Tin: trial of Capt. II. W. Howgate, upon the remaining indictments charging him with false certification of his current accounts as disbursing otlicer of the signal service, and with forging a voucher for ?4,x0 in favor of the, American Union Telegraph Co., was, on the 23d. set for June 0. A iiIsi'ATCit from Shanghai, on the 23d, said that it was rumored that China will repudiate her obligation to pay additional indemnity to Japan in consideration of the latter's abandonment of Liao-Tung. On the 231 the duke of Westminster introduced to Lord Rosebery, Rritish premier, a deputation favoring Rritish interference in Armenia. The interview was private at the desire of the premier. Tub bill of Mr. Walte, of Menominee, making it unlawful to treat tc spirituous liquors in anv saloon or bar room passed the Michigan house on the 23d: Yens, 75; nays, 17. The annual convention of the New York State Democratic Editorial asso ciatiou met in New York citv on tht 23d. A itKi'oiiT from St. Petersburg, on the 23d. stated that Germany had raised slight obstacles against the demand of Russ'.a and France that Japan shall furnish guarantees for the security of European commerce in Formosa and the Pescadores. Rkcohdku Owsi.by and ninety-five others were indicted in Kansas City, Mo., on the 23d, for election frauds. LATE NEWS ITEMS. Tau presiaent, on tne 24th, appointed U. Dorsey Mohun, of the District of Columbia, to be United States consul at Zanzibar. Mr. Mohun is the present incumbent of the otlice of commercial agent at Roma, Congo Free State, which will cease to exist by act of congress on July 1 next Assistant Attohney-Gknkhal. Thomas, for the post otlice department, issued fraud vrders, on the 24th, against Charles Adams and Ella Moore, of Mlsliawka, Ind., for sending out illegal patent medicine circulars, and against the Central American Fur and Wool Co., uf Indianapolis, lud. Fi hk, on the 2 Ith, destroyed the building and contents of the Excelsior stables in Chicago. Seven horses and twenty buggies were destroyed, and IM Jeffreys, night watchman, who was aleep in the stable, was thought to have perished in the flames. Aktkk examining several witnesses the Louisville (Ivy.) grand jury reported, on the 21th, refusing to indict Fulton Gordon for killing his wife und Arch Dixon Rrown, and he was discharged from custody. A dispatch from Shnnghai, On the 21th. said great excitement had been caused by n report that the Russians had occupied Kirin, Manchuria, thus cutting oif the retreat of a large force of Japanese troops. Faii.ciiks in the United States during the week ended the 2 Ith, as reported by R. G. Dun & Co., were 207, against IS3 for the same week last year. In Canada the failures were 23, against 23 last year. Tiik steamer Lucania from New York arrived at Queeiistowii, on the 21th, at 0:55 a. in., 2.877 miles, in 5 days, U hours and 40 minutes, which establishes a record for the long route. Mi:. John M. IlAiu.ovv, of St Louis, Ihe newly-appointed civil-service commissioner, was sworn in by Secretary Doyle, on the2lfh, and entered upon the discharge of his new duties. CilAS. P. Thompson, aged 35, a salesman in A. A. Vantine's oriental goods establishment in New York eity, comndtted suicide, on the 2Jth, by drowning himself in a bath tub. Tub New York police commissioners, In executive session on the 24th, retired Inspector Alexander Williams on his own application on n pension of .'1,750 a yenr. Ajtoxti those, knighted upon tho occasion of Queen Victoria's unvontyidxth birthday anniversary wcro Henry Irving, the actor, and Walter Rcsant, thu author.
INDIANA STATE NEWS. At Hope, while housecleaning, a heavy case fell on Mrs. Dr. Regennas and broke her leg. Anhkhson contractors will hereafter employ union men. MiMK fiend is chopping down shade trees at Goshen. Sot'TH Rknd's government building plans have been revised and the people feel better. Hauuy Knipslki.n was killed and several others were injured in a runaway near Ft. Wayne. Pliu.ir Goktz and David Tinkey, Columbus, were nged friends. Tinkey died and was buried. Goctz grieved over his friend's demise, fainted away and died soon after. Tiik grand jury of Hendricks county has again been investigating the killing of Mrs. Ii. E. Hinshaw, wife of the Methodist minister at Relleville. A WKi.i.-rosTim miller of South Rend estimates that there is not now held in that vicinity 100,000 bushels of wheat for marketing purposes. Tiik Wabash Valley Gas Co. has filed articles of incorporation at Indianapolis. Capital stock is Sl.750,000 and fee was SI, 752. Tiiubi: men dressed as whitecaps went into Eureka and robbed several stores, FiHKHt'OS caused a loss of $s000 in Monk Schofield's livery stable at Indianapolis. Kockvim.f.'s big candle burned 3S days, 0 hours. Somt Rkndkus are after a bogus check worker. Tkn tons of ice were stolen out of Senator Homer's icehouse, near Kokomo. Maktin Van Rtiikn Coi.k. aged 78, and Mrs. Mary Strong, aged 77, were married at Valparaiso, the other night. This is the third venture for both of them. Nappankf, is to have a new 50.000bushcl elevator.
Miki.hyvim.k is figuring on a big time July 4. Ei.i.aiikth Gop.mixv, of Lafayette, was appointed by the governor a delegate to the Atlanta cotton exposition. C. R, Hap.tman, of Vincennes, a plow inventor, is dead. Anohkw Hki.mick. of Kokomo, was arrested by the Madison county sheriff for stealing 'a team of horses at Elwood. Ct.iFFono, the 10-year-old son of Mr. and Mrs. O. G. Davis, living near Wil liamsburg, was instantlv killed the other night. He was out driving up the cows, and in passing by a trestle on which were a number of timbers, one of them fell on him, breaking his neck. Six 3'ears ago the 14-vear-old son of John Trimble, of Anderson, became af flicted with a malady that grew out of bruises on the feet. The flesh began to shrivel away, and ossification set in. This has been spreading ever since, and went over his entire body with the ex ception of the head. At a public baptizing in Rurch creek a carriage containing a party of voung ladies of Centerpoint was driven too near a bank when it gave way and the carriage and occupants rolled down the embankment and into the stream. The lives of the party were saved. The team was drowned. ifixiB MfMASTKit, of Indianapolis, ordered that all claims against the Iron Hall fund must be proved by June 10, and all settlements made with the receiver there by that date, in order to share m the final distribution ol the trust. DfntKY Ruavaki), a voung man of Morristown, has challenged anyone in the state to a throwing contest He can easily throw 375 feet, and claims to be able to make it over 400. Tiik verdict of the jury fixing the death penalty in the Gibson murder trial at Laporte was followed the other morning by a motion for a new trial, which it is believed will be granted by Judge Hubbard. Until the question of a new trial is passed upon the date of Gibson's execution will not be determined. Gi y C. Ma.vi.ky committed suicide at Milton. Until recently he was the agent of the Rig Four railroad at that place, but had been discharged. The cause of his suicide is assigned to despondency. He shot himself in the head and lived only a short time. His home was at Laurel. Wn.i.iAM Lackky, 14 years old, living near Oleo, in Hamilton county, visited Helm's mill, on Fall creek, four miles west of Ingalls, and while watching the machinery was caught in some shafting and his left arm almost torn from the shoulder. It was necessary to amputate the arm. The boy may lose his life. Mitn. Maiiy Pool, aged SO, well known throughout Southern Indiana, died at her home in Rockport the other morning. A OAitrisii was speared recently in the lake at Hamilton that weiged over eighteen pounds and measured four and one-half feet The Hessian lly is eating the corn in Howard county. Wahsaw has raised 53,000 for the Winona assembly. Hkniiy F.iumiiAirT, near South Rend, accidentally shot and killed himself while climbing over a fence with a shotgun. Tili: citizens of Decatur are enjoying n bread war between the various bakeries there. One can now buy large loaves of bread for 2JV cents. Skvkhai. Marion citizens want the residents to subscribe 110,000 to n new railroad that it is proposed to build. Tiik Clay City Rlock Coal Co.. a new organization, has been incorporated, with a capital stock of 10.000. A HKtwlos of the survivors of the Forty-sixth Indiana regiment was held at the residence of Col. T. H. Rringhurst. at Logan sport, tho occasion being the celebration of the anniversary of the battle of Champion Hill, which occurred May 10, 33 years ago. The -turvivors were out in full force, mcctnir at the house of Col. Rringhurst, on iccount of his feebleness.
HON. HUGH M'CULLOCH. Tlir A i; I'd lU-Si-i-n-earjr f I In Trrm'.irj llii I'u.kMl Awuy Wed nt Iii Hurwl Homo In MitrjUiMl II llnjuyfil the llUtliirtliiu of lliivln.- Tut Into Nu-'-a-ful Opi-nUlon I Iii- Xmloiiat ItunMi'K Sj'nti'in Tu let In tint (.'itltliirt. Wasiiinoton, May 25.iHon. Hugh McCulloch, ex-seeretary of the treasury, died at 2.10 a. in. at his country place In Maryland, near this city. Death came while Mr. McCulloch was in the comatose state, ami was not so soon expected even by the family physician. A general breaking down of the system, duo to advanced age and aggravated by lung trouble, wns the cause. Iiis two sons, a daughter ami a grandson were at his bedside. Hugh McCulloch was born in lCennebunk, Me., December 7, lsOS. lie entered Rowdoin in 1S21, but leaving on account of illness in 1820, taught until 1S20, and then studied law in Kennebuuk ami Roston. In 1S3:$ he went to the west and settled in Fort Wayne, Ind. In IS35 he was elected cashier and manager at the branch at Fort Wayne of the State Rank of Indiana, and at the expiration of its charter, in 1S50, he became the president of the Hank of the
State of Indiana, which position he held until May, 1H03. He then resigned to accept the otlice of comptroller of the currency, which was tendered to him by Secretary Salmon I'. Chase, undertaking the organization of the newly-created bureau and the putting into operation of the national banking system. His own reputation for conservatism influenced the managers of the large state banks and promoted tiie conversion of the leading credit institutions of the commercial cities into national banks. In March. IS 0.1, on the resignation of Wm. P. Fessenden Mr. McCulloch was appointed by President Lincoln secretary of the treasury, at which time the government was in great financial embarrassment It was still incurring enormous expenses and heavy demands were pressing upon a nearly ompty treasury. Mr. McCulloch s first important duty, therefore, was to raise, by further loans, what was needed to pay the large anion nt due tc 500.000 soldiers and sailors whose services the government was in a position to dispense with and meet other demands. This was successfully accomplished, and in less than six months from the time of his appointment all the matured obligations of the government were paid and a reduction of the debt was begun. The next important work was the conversion of more than S1.00O.mi0.0OO short time obligations into a funded lebt. This was quietly effected, and f in a little more than two years the whole debt of the country was put into satisfactory shape. In his animal reports lie advocated a steady reduction of the national debt, the letirement of the legal tender notes and a speedy return to specie payments, urging that a permanent public lebt might be dangerous torepublican institutions. He believed also that it was not the business of the government to furnish the people with a paper currency, and that it had no power under the constitution to make its own notes lawful money, and that the paper currency of the country should be furnished by the banks. His views upon the subject of the debt were sustained by congress, as were also for a short time those in regard to legal-tender notes. Secretary McCulloch held office until March 4, lsOO. From ls70 till 1S7S he was engaged in banking in London. In October, IS $4. upon the resignation of Walter Q. Gresham, he was again appointed secretary of the treasury and continued in otlice until the expiration of President Arthur's term. March 4, 1SS5. Since his retirement he has resided here and on his farm in Maryland. Mr. McCulloch has contributed articles on financial and commercial quotations to thu magazines and puolic journals. A scries of letters written by him in London to the New York Tribune, in 1875, were extensively copied and used by the republicans in Ohio in 1675 for political purposes. PRINCE AND EX-PRESIDENT rartlrlpatn In the Otrlirntlon of the llrookljn SuinUy School Union. Hhooki.yn, May 25. The leading feature of the celebration of the Hrooklyn Sunday School union was the presence of ex-President Harrison and Prince Francis Joseph of Itattenburg, who will review the Prospect park division of thu parade at Long Meadow, in Prospeet park, and after that the Clinton a venue division at Clinton and Dekalb avenues. Ex-President Harrison and Prince Francis Joseph were present at the exercises in the Lafayette Avenue Presbyterian church. (Sen. Harrison made the address there. The prince was accompanied by his traveling companions, Sir Hruce Rurnside and Col. F. Townsend. Gen. Harrison left the Fifth Avenue hotel at 1:30 p. in., going directly to the Lafayette Avenue church. Prince Francis Joseph followed with his escort. The rovieiving stand from which Gen. Harrison watched the parade was beautifully decorated witli Hags and bunting. On the stand with the expresident as the mayor and city oflicials und r. number of prominent citizens. There are ISO schools in the union, and it is estimated that "W.SOO children took part In the exercises. An invitation was sent to Ruth Cleveland, daughter of the president, to be present, but she declined. MORTON'S LATEST I'll ti for A-itIiIiiIiii; tin-Yield of OmU I'rndin-cil In t ln Cotmtr.r. Washington, May 2.1. Secretary Morton's latest plan for securing absolutely accurate llgures as to '.he yield of cereals In this country Is announced as follow.: He suggests that the various stales license all threshers of grain and shellers of corn at a nominal sum and require them un ler oath to return tlio number of bushels of grain threshed j by them and the number of buslie'sof I corn shelted.
DUN'S COMMERCIAL REVIEW. i:fT-i'l itf I lie Trout Henri' on l'rler ol I'roiliu-t Not .liittlHril lijr lln fold I m-lt. Hut IUIIkt lit lit. Attrllmtril to mi fur,-. I mlnnl Spirit of Kirrultliii I'ollio, Ini; l(i-lli-r from I. oiii; Anxli-I) mill tlio Alum. iI.iiht of .Mihi)', Ni:w Youk, May 2.1. R. G Dun A Co.'s weekly review of trade, is-stn-.t tu-day, suyn: If wheat has been so greatly injun .l by the siiowü and fnvt in May that a sudden rise of twelve cents in two weeks Is justified, the calamity will affect all business products. Tim markets do not believe it, for stoekv do not collapse; iron, leather and hides still rise, and no holders of wheat would sell at Ml cents, a lower price than had Won known ;u this season for thirty years prior to ISM, if current reports were credited. Some injury has undoubtedly been sustained, but our own dispatches do not show that it is really serious. The fact is that relief from long anxiety ami the abundance and cheapness of money, for which industry and legitimate trade give as yet no adequate demand, have excited the speculative spirit beyond all restraint. They, however, will have nothing to do witli cold facts. The temper
is to buy, regardless of visible requirements, in the faitli that prices are sure to rise. , Wild excitement in wheat, with sales in one day at Chicago alone of 300,OOU,tn; bushels, about three times the wheat tU't e is in the country, and a renewed frenzy in cotton, with sales in three days exceeding- the whole visible stock in America, followed the furious rise in stocks, in oil, and in leather ut once a recognition of real improvement in business and a menace to its progress. Western receipts of wheat for three iveeks have been larger than last year ia spite of stories of frosts. Rut the rise has practically stopped buying for export, as the similar rise did in April, ls-d, which was followed by about the lowest price then ever known. Th week's sales here have amounted t, 155,000,000 bushels and accounts of damage by frosts and by insects are so mixed up that some traders infer tht bugs must wear overcoats. On Thursday July rose to U cents, but, with heavy sales, receded to M',,, and closed for the day at 71 cents. Corn rose n?; cents during the weeir, though most of the corn killed may lw replanted; pork rose 60 cents per barrel, lard 5 cents per 100 pounds and oats 2 cents. Cotton also udrnuced three-eighths for the week, with sales of !.. 750.20 J bales, current estimates putting the decrease in acreage at 3.5 per cent, and the crop at 7.350,000. Lven this, witli known commercial and spinners" stocks, would give the world for the year and a quarter to come more American that it has ever consumed in a year and a half. Kxeitement has been diverted from stocks, and London has been buying but little, while current crop news did not help trunk lines or grangers. The turnis of the Northern Pacific reorganization do not help low-priced, stocks; nor does the loss of fruit crops help sugar. Yet. the average decline was only cents per share for railroads and 10 cents for trusts. Report? of ruilroad experts maintain that the injury to crops has been greatly exaggerated. Actual earnings for the first half of May are 4.S jK'r cent larger than last, year, but 13.2 per cent less than iu1893. Kxchanges include enormous speculative transactions, and for the month are 2S.Ü per cent larger tbam last year. The iron industry distinctly gains and the improvement is no longer conlined to prices of materials Retter wages at and west of Pittsburgh convince buyers that prices must rise and there have been larger sales of finished products witli about SI per ton better prices for structural forms and steel bars, while Ressemer pig has risen to S11.5C at Pittsburgh and gray forge to SI0. The Thomas company has advanced its anthracite pig r,o cents, and highei freights make southern cost more at the east. Sales of rails to May 1 were 420,000 tons, and deliveries 250.000, both larger than for the corresponding period last year. Purchasers of dry goods, in the lielief that prices must rise, have kept textile mills fairly busy, but the demand for cotton seems slacker on the whole, and print cloths are a sixteenth weaker. There is no improvement in demand for woolens, ami strikes do not abate. Sales for three weeks have been H.273,150 pounds domestic and 7,020.000 foreign, slightly exceeding the total sales in 1S02. Shipments of shoes are also heavy, in three weeks 23s,0'.K), against 207,93t cases last year. The demand for some kinds is active, but many mills have orders enough for two months and do not want to buy leather, which continues firm. Hides are firm and larger exports are expected. Liabilities for the two weeks of May were 85,107,750, of which 8I,0h.VJ7 were of manufacturing and $3,2711,221 of trading concerns. Last year in the same weeks the amount was 5,071,110, of which Sl,5SH,ti33 was of manufacturing and S:l.35i5,ti37 of miseellaneoiit trading concerns. Failures this week have been 207 in the Cnited States, against l:t last year, and 2,1 in Canada, against 2.S last, year. CHARLES RINGO. ArrnlKiinl for C'hllil .Mitrilor anil t'onimined Without IUII. IltT.vriNUTON, W. Va., May 25. The preliminary examination of Charles Uingo (colored!, charged with the murder of Ids two step-children, one of whose dead body has been found, was held ih the county jail yesterday afternoon. The authorities thought it proper to not bring him out on account of threats of lynching by a mob already gathered. Rlngo pleaded not guilty nnd was recommitted, hall 1 eing refused.
