Rensselaer Semi-Weekly Republican, Volume 21, Number 60, Rensselaer, Jasper County, 13 April 1900 — FAILURES SEEM BIG. [ARTICLE]
FAILURES SEEM BIG.
LIABILITIES FOR THREE MONTHS ARE 566,677,055. - ■ -.■■■— 0 ■ They Are Large Only When Compared with the Pnt Two Years and 1888The Volnme of Business As Larger— Cruelty to a Sweetheart;. R. G. Dan & Co.’s weekly review of trade says: “Only twice in twenty-five-years ■would such failures as those of the first quarter of 1900 have seemed large. They are large compared with last year and 1898 and would have looked larger in 1888. The amount of liabilities, (50,677,055, includes (21,161,000 for the United States Floor Milling Company, and 492,482 for sixteen banks and other financial corporations, leaving 2,894 commercial failures, with (33,022.572 liabilities. Actual defaults in manufacturing - are smaller than in the first quarter of'any other year except 1891). Quarterly reviews show that outside the immediate effects of stock speculation and industrial consolidations the volume of business has been larger this year than a year ago. No change has come in cotton goods this week, though dealings for .the future are hindered. Business in woolens is also somewhat unsatisfactory. Sales of three chief markets hnve been only 5;933,600 pounds. The rise in some leather has helped manufacturers of" boots and shoes to hold prices, but not to get more orders. Failures for the week are 159 in the United States, against 141 last year, and 29 in Canada, against 17 last year.”
MURDER MAN FOR SIX CENTS. Burglars Bind Three Women with Ropes While They Seek Valnab'ee. Two masked men entered the house of Mis. James Warrack, an aped widow, five miles south of Baruesville, Ohio, murdered the only man in the house and tied the three women with ropes while they searched for valuables. With Mrs. Warrack were her granddaughter, another young woman and her grandson, Clarence Warrack. The women were terrified when awakened by the threats of the intruders, but young Warrack, on hearing them, ordered them to leave. A scuffle ensued, in which Warrack was shot and killed. The burglars then bound the three women and ransacked the house, but secured only 6 cents in money. DIBFIGURES HIS SWEETHEART. Illinois Man Maltreats Girl to Whom He Paid Attention. Charles Hendrick, who claims llion, 111., as his home, is in jail at Binghamton, N. Y., for brutally assaulting his sweetheart in their boarding place. He entered the dining room, and, pulling her from her chair, dragged her about the room by the hair, ending by grinding his heel in her face, bruising it into an unrecognizable mass, tearing off an ear and disfiguring her for life. When arrested Ms only explanation was: ‘"I gave her what she deserved.” He had been paying her attention, and, it is said, she rejected his suit. Washes Face Once a Week. Mrs. Emma Murphy has brought suit for divorce against her husband, J. K. Murphy, a wealthy real estate dealer of Kansas City. The petition charges “incompatibility,” and the leading specification is that Mr. Murphy refuses to keep his person clean. One witness testified that Mr. Murphy only washed his face and hands once a week. “Marjory Lee” Seeks 920.000. Miss Margaret Riley, known as Marjory Lee, has suejl Arnold Lawson, son of Thomas W. Lawson, the Boston copper magnate, for breach of promise to marry. Miss Riley, who is a petite blonde, places the damages at $20,000. Mr. Lawson makes a complete denial of her allegations.
Court Decides for Beckham. By decree of the State Court of Appeals J. C. W. Beckham, the Democratic nominee, is Governor of Kentucky. In its decision the court holds that the legislature has sole power to pass upon any contest for the otiice and that hence its findings cannot be overridden by the judicial branch of the Government. Texas Rivers Swetp Away Crops. The country southwest of Austin, Tex., was visited bj a cloudburst. The Nueces river and other streams were converted almost instantly into ragiug torrents that overflowed and swept away thousands of acres of growing crops in the valleys. Aiask i ( onvention in May. Both political parties of Alaska will hold conventions in May, the Republicans May 12 and the Democrats May 28, to name national convention delegates. All representatives will go specially instructed. Man Who Nur ed Seward Dies. Sylvester Storrs, who nursed ex-Secre-tary of State William 11. Seward when he was utmost stabbed to death at the time President Lincoln was assassinated, is dead of cancer at Berea, Ky., aged 76 years. .u: G'ncoac Works Burned. The Cardineal, Ont., glucose works, which are a portion of the Bdwardsburg starch works, were completely destroyed by fire. Loss $150,000. The town’s electric light works were also destroyed. Den h nl catrnction in Texas. A flood in the Colorado river carried away the great dam at Austin, Texas, and caused $8,000,000 property loss. Forty-eight lives were lost. New iota in Martinique. Strikes have been declared at several l of the works at Guadalonpe, Island of Martinique, and night work has been suspended at ihe Bohuemere works, belonging to the Credit Foncier. The strikers invaded the works, extinguished the Arts and stopped nil work. o ato etir e, \ Gen. Otis will retire from his command In the Philippines at his own request 1 or shortly thereafter, and wfill be succeeded in chief command by Gen. Aruiur 'T
CANAL COMMISSION ARRIVES. Hat Collected a Great Mom of Bata Concerning Routes. The canal commissioners, Rear Admiral Walker, Samuel Pasco; Col. Ernst and Emery H. Johnson were passengers on the Atlas Line steamer Alleghany, which recently arrived at New York from Central America. Rear Admiral Walker said: “We have completed our portion of the work of investigating the possibilities of both the Panama and Nicaragua routes. We have spent three months in the bush and have collected a great mass of data which we will put into shape for our report to be handed in to the President next December. Nothing can be said on the subject that would give the public a clear idea until this data has been arranged and put into shape.” Admiral Walker was asked whether the commission favored a fortified canal, lie replied that he could not enter into that subject. “Our duty will be to state the facts and to present to Congress the result of our survey and work. Both routes have their advantages, and these will be set forth,” said he. The admiral added: “Everywhere we were well received and entertained. The sentiment of the people is for the United States to build the canal.” LOSES $55,000 AT ROULETTE. James T. Drummond, Jr., of St. Louis, Sued by a New York Gambler. Richard A. Canfield, owner of'gambling resorts in New York and Saratoga, has sued James T. Drummond, Jr., and his brother, Harrison 1. Drummond, the millionaire St. Louis tobacco manufacturers, for (55,000, said to have been lost by Janies at roulette last summer. According to Canfield, young Drummond was playing heavily in his place in September, 1899, and losing. He, asked Canfield for a'loan, and the latter, being assured by Harrisou Drummond that it, would be repaid, did advance (55,000 to James Drummond, which the latter lost. Efforts have been made to settle, but the attorneys of the Drummonds advised against it, and the suit followed. James T. Drummond dictated this statement: “All I have to say is that 1 did go to Canfield’s place and was foolish enough to get drunk and play roulette there, and when it was over I was told that 1 had lost $55,000. I did not know then, and don’t know now, what I lost or whether I lost anything.”
EXPLORERS FIND SOUTH POLE. British Expedition Announces Success of the Antarctic Search. The exploring steamer Southern Cross, bearing C. E. Borchgreviuk and the survivors of the south polar expedition, fitted out in 1898 by Sir George Newnes of London, has arrived at Wellington, New Zealand. Mr. Borchgreviuk reports that the magnetic pole has been located. The Borchgrevink expedition left Hobart, Tnsmania, for the antarctic region Dec. 19, IS9B. During the latter part of February, 1899, the members landed from the Southern Cross near Cape Adair, Victoria Land, it having been arranged that the steamer should leave them there with full equipment of every kind and should return for them early in 1900. Mr. Borchgrevink’s party consisted of nine, including himself. Didn’t Give Her Correct Age. When Mrs. Hannah Bos worth went to the voting booth at Cleveland to cast her vote for school officials she was told that she could not, for no one answering her description had registered. The only Mrs. Bosworth of her address on the registration books was put down as 21 years old. Mrs. Bosworth looks 45. She said to President Buckley of the Board of Education that she did not give Iter age right. Big Railroad Deal Reported. The New York Times declares positively that control of the Heading Railroad has been acquired by the Vanderbilts. Ndt only is the vast mileage, with the extraordinary coal , land holdings, of the Reading company taken over by the Vanderbilts, but the Lehigh Valley and the Erie systems are to be merged into the Heading, and the Reading with these acquisitions becomes the property of the Vanderbilts. Tied and Left to Starve. Because he was suspected of being a spy of a rival company, Choy Fook, a Chinese fisherman at Point San Pedro, Cal., was tied by five members of the various companies to a beacon stake ou a barren rock iu Richardson’s Bay and there left for two days without food or ■water. When discovered he was almost in a dying condition. Cotton Goes Up in Flames. A $500,000 tire occurred at Newport, Ariz. The fire started in C. B. Best’s livery and feed store, which was quickly burned, as was also the plant of the Union Compress Company, valued at SIOO,OOO. Eight thousand bales of cotton valued at $350,000 is practically a total loss. Failure of Lincoln, Neh., Bank. The State Bauk of Cambridge at Lincoln, Neb., was closed on orders of the State banking board and an examiner put in charge. The capital of the bank is $12,500 and its deposits $40,000. An accumulation of bad paper is given as the cause of the failure. Buys Up Salmon Canneries. The Puget Sound Packers’ Association is a new syndicate which has already acquired four of the eight salmon canneries on Puget sound which last year operated independently of the Alaskn Packers’ Association and the Pacific American Fisheries Company. Indian Is Given Fifty Lashes. John Watika, a Seminole Indian, was given fifty lashes ou his bare back at Wewoka, I. T. The flogging was delivered in public and hundreds witnessed it. Watika was convicted recently upon two charges of larceny and had also deserted his wife. Plumbers Go on Strike. Journeymen plumbers to the number of 300 went on strike in Cleveland for higher wages, The journeymen are at present receiving $3 per day, while junior plumbers get $2.25. About 125 lathers also struck. Shot Four Men und Escaped. At Wagoner, I. T., Tom Gaylor, while drunk aud disorderly, shot Night Watchman Humphreys, Dick Ketcker and two men named Brown and Scott. Gaylor is still at large. Wales Fired Upon. The I’nnce pf Wales was shot at while leaving the railroad station at Brussels. He was not hurt. The Prince aud Princess of Wales were on their way to Dcnputrk. - - -
