Rensselaer Republican, Volume 16, Number 37, Rensselaer, Jasper County, 22 May 1884 — THE NEWS CONDENSED. [ARTICLE]

THE NEWS CONDENSED.

- THE EAST. Thb resumption of business by the Metropolitan National Bank of New York, under the Presidency of Henry L. Jacques, gave a strong impetus to the stock market on the 15th inst. The announcement of the failure of A. W. Dimock & Co., promoters of the Bankers and Merchants’ I'elegraph Company had. but little effect on the howling crowd of brokers on the Stock Exchange. Parties deeply ihterested scattered over the 1 country the statement that foreign bankers were hungry for American securities, and quotations were marked up rapidly until the famine was appeased. A sharp decline in Government bonds put the speculative fraternity on their guard, and just before the close of business prices were smashed from one to five points by the coir lapse of Fisk A Hatch, the heaviest dealers in Federal securities. F. A. Hawley A Co., bankers of Boston, suspended, with liabilities of $500,000. The bankers of Kansas City held a meeting and resolved to pay 20 percent, to depositors and give certified checks for the remainder. The Tuna Valley Bank, at Bradford, Pa., made an assignment; Hilton A Waugh, oil brokers, failed, and petroleum broke to 76 cents. The City Exchange Bank of La Porte, lowa, and the Union Bank of Quincy, 111., closed their doors because of the failure of their New York correspondents. Thb funeral of Charles O’Conor took place from the Roman Catholic Cathedral at New York. Ex-Senator Conkling, William M. Evarts. Benjamin H. Bristow, Mgr. Capel, And the Bev. Dr. Morgan Dix were among the hundreds of prominent men in attendance. Ih the New York Stock Exchange, on the 16th inst., values opened lower and unsettled, but before the first call a steadier feeling manifested itself, an advance of 1 to per cent, being noted. Then the failure of H. C. Hardy A Sons was announced, when values again sagged off, and the list dropped still further when it became known that the NewarkvSavings Institution had closed its doors. After this, confidence began to return, there being heavy purchases of stocks for foreign shipment. Before the close a dread of further failures resulted in a feverish feeling, which passed away rapidly when no disasters occurred, and the market closed in a “whirl of buoyancy” unknown for a long time. Call looms dropped from 1£ per cent, jtfer diem to 5 tc 6 per cent, per annum, and large amounts of money were received from the couiftry. The feeling of confidence was enhanced by the Bank of New York loaning $3,000,000 on Government bonds, and by the issuance of $5,000,000 certificates by the Clearing House. Closing deals indicated an advance of 2 to 8 points in active shares, and the feeling was that the crisis had bee:> passed and that the market wottfcLsoon ret- m to its normal condition. Shabe speculation in the New York Exchange opened with a marked improvement on the 17th inst The sale*, for the day were unusually hea*y, reaching 456,000 shares, a large number of which were taken for foreign account Money, which at one time lent at i per cent, per diem, closed at 2 per cent, per annum. Government bonds were active at higher rates. The feeling in railroadjbonds marked ■ an improvement, but State securities were rather tame. United States called bonds to the amount of $323,600 were redeemed. For use in case of necessity, $8,000,000 in legal tenders was shipped from Washington to the Assistant Treasurer at New York. C. McCullough, Beecher A Co., New York merchants, have failed. Mr. Beecher is a nephew of Henry Ward Beecher. Boxey Beat and William JJendershot, two bad characters were fatally shot by Policeman McAleese, near Pittsburgh.

THE WEST. Justice Habland, of the United States Court, arrived in Chicago. He failed to secure a room at a leading hotel for a month, and was informed by the clerk that he could hardly find accommodation in the city for the convention period. He at once caused a chamber set to be placed in the only vacant room in the Custom House, and will mace himself at home in the $4,000,000 structure. The temperance workers of Chicago met in Farwell Hall, in that city, the other day, to provide means for carrying on the crusade commenced by Francis Murphy. The announcement was made that over 3,000 persons had already signed the pledge. Most of those present favored the erection of a temporary tabernacle, to be removed from pomf to point in the city. The question of location was left to an executive committee. ... .Early vegetables in Southern Wisconsin were greatly damaged by a heavy frost last week. Reports of the condition of the com and grain crops from various sections of lowa and Illinois, printed in the Chicago Tribune, indicate that the com area planted in both States is about 10 per cent, less than last year. The present conditions point to a large yield. The grain crops are in a healthy condition, and the farmers seem confident of a bountiful harvest. From the fruitgrowing districts of both States satisfactory reports have been sent. Pasture lands are looking well, and the hay crop will be abundant Boynton, of Milwaukee, who is digging for diamonds near Waukesha, Wis., is said to have found two in the gravel strata last week. Such crowds have been attracted to the spot that he has been compelled to build a high fence around the entire claim to keep them away. A BiiOODY tragedy was recently enacted at Smith's landing, Monroe County, HI. Monroe Gray, a well-known citizen of the little town of Columbia, killed his wife and her paramour, a man named Wm. Ditch. Gray, who is quite prominent in Illinois politics and well known throughout the State, has, it seems, for some time doubted his wife’s fidelity. His doubts werejfinally set at rest by witnessing with his own eyes what he bad previously oqly suspected. He immediately brought his revolver into requisition, killing both his wife and the man. Ditch was wealthy, and owned the property where Gray resided. The two families have been intimate. Gray was arrested. He says he meant to kill Ditch, but not his wife; that be killed her accidentally while shooting at the man. ' ? ■ 1 " »■■■ " ■ THE SOUTH. .\■,V V ~ r W. Bogan Cash, the noted South Carolina desjMradq and the fugutive murderer of Marshal Bichnrds, was shot tad, litoral-

ly riddled with bullets, at his father’s plan- j tation, near Cheraw. Deputy-Sheriff King I headed a party sent out to arrest the oat- I law, whose hiding plaoe was surrounded, j Cash came out of his retreat, and, in mere bravado, as it appears, fired on the arrestins party, only one of whom was hurt, and that bat slightly. Cash continued to shoot after he was mortally wounded.... Judge Richard Reid, of Mount Sterling, Ky., killed himself in the office of a friend, leaving a card stating that he was mad. He evidently, stood before the mirror and fired into his brain. Reid, who was Jndge of the Circuit Court, was some weeks r ago cowhided by an attorney named Comeilson. Many of bis feiends urged him to challenge his assailant to mortal combat. He refused, and was taunted with being a coward. These taunts, it is said, drove him to Insanity and suicide.... At Hazlehurst, Miss., the jury in the case of E. B. Wheeler, for the murder of J. P. Matthews, in Copiab County, was out about an hour, and returned a verdict of not guilty. The jury which acquitted Ras Wheeler of the murder of Prent Matthews at Hazlehnrst, Miss., make a statement to the effect that neither politics nor piiblic opinion affected their verdict, and that after pmyet to the Almighty they reached the decision that Wheeler was innocent. Threats against the life of the Spanish Consul at Key West were made by drunken Cubans, and Commander Batchellor, of the United States steamer Galena, has been instructed to use the naval forces to preserve peace and protect the Consul.

WAS HI Ni G TOA. The House Committee on Elections voted in favor of seating English in place of Peelle from the Seventh District of Indiana. Secretary of State Frelinghuysem has issued a proclamation, by order of the President, restoring to the public domain 307,000 acres of lap din New Mexico granted on certain conditions to the Jicaflla and Apache Indians. The red men had refused to comply with the conditions on which the grant was made. Speaker Carlisle thinks that unless there shall be a deadlock between the House and Senate on the appropriation bills, Congress will be ready to adjourn before July 1. He is of opinion that neither party is prepared to discuss platforms or political principles in Congress after both conventions have made their nominations and enunciated their principles. Every member of Congress is n6w anxious to leave Washington, and business will be facilitated so that they may leave as soon as possible. There seems to be no doubt now that Hewitt’s tariff bill will be killed in committee, says a Washington dispatch. At the same time it is thought that a bill placing sugar and salt on the free list may be introduced and reported on favorably. The Southern members are urging the repeal of the tobacco and fruit-spirit taxes. ... .Mr. Randall thinks all the appropriation bills before Congress can be disposed of this month, and that an adjournment by June 25 would be practicable.

POLITICAL. The California Legislature lias adjourned sine die. The session was a fruitless one. It was called by Gov. Stoneman for the purpose of passing a law to railroad fares and freights. A measure with that purpose, known as the Barry bill, was introduced, and for a time it seemed certain that it would pass. Enough of its original supporters were won over to the opposition, however, to defeat the project. The Democrats of New Jersey held their State Convention at Trenton. Senator McPherson, Gov. Abbett, James J. Newell, and Rodman M. Price were chosen dele-gntes-at-large to Chicago. Tilden has a large majority among the delegates from the State, and Randall shows a fair following. An attempt to send Gen. McClellan to the national convention was defeated. The Democrats of the Louisiana Legislature in caucus nominated J. B. Eustis for United States Senator on the first ballot. Mr. Eustis will succeed Mr. Jonas, who was chosen six years ago to succeed Mr. 1 Eustis. “ Turn about is fair play.” The lowa Greenback State Committee met at Des Moines, and selected four delegates to the national convention, who savoy Ben ’Butler in case he accepted the Greenbackers’ nomination before the convention adjourned.

GEAEK4L. Riley Anderson and James and Alfred McCullough, father and son, all colored, were hanged at Greenville, S. C., in the presence of the thirty-six witnesses allowed by the State law, several clergymen, two detachments of the Greenville Butler Guards, and representatives of the press. AR,made speeches from the gallows, and expressed faith that they were “going straight to the arms of Jesus.” George A. Horn and William Gribben were hanged at Ashland, Ohio, nine companies of militia keeping back an excited mob from the inclosure surrounding the gallows. Christian Reibling 'Was executed at Morrison, 111., for the murder of Albert .Lucia. He made a full confession. The prisoner spoke a few minutes, after nodding to men he knew in the audienee. He thanked Sheriff Beach and the jailer for gentlemanly treatment, said he was sorry for what he had done, but repented and trusted in his Savior who died for him. fie appeared no more affrighted than an embarrassed man, and when the black cap was brought to his eyes he said: “Good-by, all." After the Lord’s prayer by the Bev. Sweet the trap fell, in five minutes from the time he appeared. His neck was broken, and no struggle or spasm was seen, and he was pronounced dead in twelve minutes. In Howard County,"(Arkansas, two brothers named Pope and a Burn named Kukendall, were executed by a mob. They had been arrested charged with murdering a peddler named Ward. One of the Popes made a full confession, giving details of the manner in which Ward was shot and his body burned. The persons who didflthe lynching were the citizens of jjjfoward County, who forcibly took the prisoners from the Sheriff and hanged them to a tree. . - In the Methodist General Conference at Philadelphia, the Itinerancy Committee reported it inexpedient to take action as to licensing or ordaining women to preach. The Mexican Chamber of Deputies has authorized the President to negotiate a loan of $30,000,000. ' —— I—z 1 —z f FOREIGN. , • ‘ - ■ • *1 -o In an interview 1 recßnty Mr. Gladstone stated frankly that he believed the public sentiment in England was against the policy bf his Government in reference to Egypt and the Sondan, bat he thinks that, if the British people fully understood the situation, they, would indorse the course he and his colleagues have pursued. His Government, he

believed, had maintained its supremacy during the present Parliamentary session largely through the incapacity and division among the Tory leaders. Owing to the excited state -of public opinion if the Tories bad been united 'and had able leaders they might have succeeded in defeating the Government.. The preparation being made at Cairo for the Expedition to relieve Gen. Gordon comprise 12,000 men, forty 'steam launches, and several thousand camels. A start will probably be made in August... .Three cotton warehouses in Liverpool, belonging to Molyneaux A Taylor, were damaged by fire to the extent of £IOO,OOO.

LATEST NEWS. Alexander White, who a creamery at Grand Itapids, Mich., having lost $125,000 in Wall street, killed himself at the home of Ms mother in Utica, N. Y. ... .For the year ended April 30 Boston’s debt increased $2,000,000, and now amounts to $43,277,670. Among the deaths reported for the week are those of Carwardine, the famous English cattle-breeder; Sam Ward, the famous Washington lobbyist; Col. J. F. H. Claiborne, of Mississippi, ex-M. C. and a historian of some note; Win. G. Halyburton. a well-known Baltimore journalist; Judge Joshua Tracy, President of the Burlington, Cedar Rapids and Northern Railway; the venerable mother of Bishop Gilbdtt Haven. P. J. Sheridan, one of the reputed, “No. I s” of the Irish Invincibles, who has figured in America to some extent as an Irish dynamite orator, and Mr. Patrick Ford, editor of the dynamite organ in New York, have begun to quarrel, about the “funds" as a matter of course. Ford in a three-column article in his paper implies that the' failure of the dynamite or “emergency” fund which he started some months ago is due to the contrivances and whispered innuendoes of Sheridan. The latter retorts that be has no confidence in Ford, and insinuates that the fund is not being used to meet Irish but private and personal emergencies. Austin, Tex., dispatch: Passengers from Hempstead bring news this evening that the outbreak between the whites and negroes there has begun again. On Saturday evening a negro, who attempted to shoot an officer, was killed. Immediately afterward the officers and citizens went to a negro gambling house, where it was reported that a large lot of arms had been placed. The negroes in the gambling house were ordered to surrender. All but one obeyed. The one who refused to surrender drew a Winchester rifle, but was killed before he could use it. As the train from Austin arrived at Hempstead, some unknown party shot a negro in a Pullman sleeper, killing him immediately. No one seems to know why he was killed, but it was known that he was a hard character and had been with the negro who began the unfortunate difficulty.... Owing to a determined nm on all financial institutions at Petersburg, Va., the Planters and Mechanics’ Bank closed its doors, with a promise to attempt payment in fu11.... Dr. Pitts called Dr. Walter (his rival) into his office at Tangur Island, Va., and shot him dead. * The week’s fire losses foot up as recorded below: Losses. New Orleans, four stores .$ 30,000 Washington City, Willard's Hotel 15,000 Leadville, Colo , seventeen buildings.... 30,000 Slater, Mo., flouring mill 40,000 Atlanta, 111., dwelling house 10,000 Worcester, Mass., woolen yarn mill 150,000 Trenton, N. J., pork packing-house..... 25,000 New. York City, warehouse 30,000 New Orleans, sugar house ■ 20.000 Cleveland, Ohio, box factory 10,000 Petersburg, Ind., business block 60,000 Suspension Bridge, N Y., stores 25,000 Stevens Point, Wls., saw mill and lumber 20,000 Buena Vista, 111., flouring mill 10,000 Lima, Ohio, business property 10,000 Ballston Spa. N. Y.. tannery.,, 25,000 New York, railway repair shops 200,000 Troy, N. Y., knitting mill. 40,000 St. Paul, Minn., four bui1ding5........... 15,000 Cincinnati, lead pipe works. 60,000 Bills were introduced in the Senate May 10 to forfeit unearned lands granted to the Atlantic and Pacific Bailway Company and to the Northern Pacific Road, and Increasing pensions to soldiers who lost an arm or a leg in service. A petition was submitted from the Merchants’ Exchange of Nashville, protesting against the consolidation of that customs office with Memphis. The resolution recently offered by Mr. Morgan, for an investigation Into the recent failures of national banks, led to a prolonged debate, and was referred to the Committee on Finance. Mr. Van Wvok introduced a resolution directing the Committee on Public Lands to investigate the charges made against the New Orleans, Baton Rouge and Vicksburg Railroad that they had negotiated bonds on their unearned land-grants. The bonds, it is charged, were sold In Europe. The resolution went over. In the House of Representatives Mr, Hurd’s motion to “abolish discriminating duties on works of art” was rejected. The consularand diplomatic and the army and District of C4£fS&bia appropriation bills were passed. A motion by Mr. Collins to suspend the rules and pass a resolution making the Senate bankruptcy bill the special order iforfJune 10 failed for lack of a two-thirds majority.