Newspaper Page Text
FOR THE DISTRICT OF SO' fl-
ERN CALIFORNIA: FAIR WEATH
ER ALONG THE COAST; WEST
VOL. XL. NO. 56.
We mean to startle you with the
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That we are showing for the summer season.
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MULLEN, BLUETT & CO.,
Corner Spring and First Streets.
* 138, 140, 142 S. Main. St.
— EVERYTHING IN —
Crockery, Glassware and China,
Silver Plated Ware and Cutlery,
* Baby Buggies, Kitchen Goods, Etc.
For the Rich and for the Poor.
DO NOT FAIL, TO VISIT OUR
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M EYBERG BROS.
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from one room to another. When close lltla ai ornament to any room, having tho appearance
of a wardrobe. It Is eaiy to open and close ls perfectly noiseless, well ventiia ed, nai ample
room for all neces ary bodding, which is nit disturbed wnen clossd. It has uo complicated
machinery or sprlnes to get out of order, and, tn fact, Is so perfect aa to have no rival. We have
them at all prices. Call and see tbem, whether you wish to buy or not.
LOS ANGELES FURNITURE COMPANY,
225, 227, 229 S. Broadway, Opp. City Hall.
r Jf Preliminary
C t Worlds Fair
HELD IN MECHANICS' PAVILION, SAN FRANCISCO, ENDING- FEB. 18, 1893.
GRAND SILVER MEDAL
SILVER MEDAL 10^
VTTT? MTTTs A T ™ R ,,P"ARTi£r.:o specimens ILLUBTRAT
OXJL/ V H/Ja. IYIJC/JL/AJL/ tug the Platiuoiype, Aristo and other prooesses.
SILVER MEDAL £V MOBT ARTI3TI ° AKRiNG ™«» T3 °*
" Four Medals Out of a Possible Four."
Sffl'g'ruSgl 220 SOUTH SPRING STREET.
WILLIAMSON'S MUSIC STORE.
HINK Sb B PIANOS BARNES,
A FULL LINE OF MUSIC AND MUSICAL INSTRUMENTS.
Standard, Rotary Shuttle, white and Other Long Shuttle Machines, Supplies, Eto,
33? SOUTH OTifKJET. 4-13 lyj
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and Home for tour
appointed Fj_S9|B^B^HX9^^^^^^^^^^^^^f 18te *
Hotel In South Jjjt f or commercial
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r Cor. Spring and(Seoond Sts., I.os
A - C. BILICKE &, CO., PROPRIETORS.
LOS ANGELES ! TUESDAY MORNING, JUNE 6, 1893.
JOHN CHINAMAN'S TRICKS
Peculiar Transactions of the
Trafficking in Cnstoms Officers'
Aa Abase That the Treasury Offlciala
Are doing: to Stop.
Tba Detention of the Steamer Danube
■nd Its Cargo or Coolies Hade the
Bnujaet of Dlplomatlo
By the Associated Press.
Washington, Jnne s.—The treasnry
department for some time has believed
Chinese were using affidavits of authen
tication for illegitimate purposes. Borne
taken ont here were sent abroad and
sold to other Chinamen; in other cases
C nsmen would dispot - of them after
reaching China; and in both oases the
law was violated* Under the law Chi
nese merchantt Who desire to leave this
conntry to visit China have heretofore
been furnished with papers, which,
when indorsed by the United States con
sul at the port of debarkation, entitle
tbem to re-enter the United States.
Acting Secretary Hamlin thinks the abuse
should be stopped, and has addressed
the collector at Boston tbe following let
ter on the subject:
"Under date of April 19th, last, the
United States consul at Hong Kong
transmitted to tbe department of state
affidavits submitted to him forauthenti-
ncation and which appeared to have
been issued at your port September 5,
1802, and February 4, 1893, over the sig
nature of Deputy Collector J. L. Swift to
Yee Sing and Yee Mot Yip, respectively
alleged to be Chinese persons residing
in Boston, wbo ie'ft tbe United States
with the intention of returning thereto.
The consul declined to endose said docu
ments for the reason that it was evident
the persons presenting the same had
never been in the United States, as was
shown by their inability to answer any
questions relating to this country, not
withstanding the fact that the affidavits
stated they resided here a number of
years. It ie evident that tbe per
sons presenting the affidavits are not
those to whom they were issued at Bos
ton. In view of the misuse of papers
thus prepared in the United States, the
department is of the opinion that it is
not advisable for collectors of cnstoms or
their deputies to certify tbe same, and
yon ate requested to give tbe
rumrucsnmir so uiu„u_ k ;„„ u n„ T mS.-™
at yonr port."
THB DANUBE AFFAIR..
The state department will probably
not interfere in the case of the steamship
Danube at Portland, Ore., whose
captain appealed to the British legation
for relief from the order of the court,
which required him to bring 350 Chinese
passengers before the court to answer tb
habeas corpus. The captain was willing
the Chinese should answer, but feared
to assume the responsibility of prevent
ing the escape of the Chinamen when
once ashore. Sir Julian Pauncefote,
British ambassador, was at the state de
partment today, probably to present the
case to Secretary Gresham. It is be
lieved at the department that there will
be no diffif'ilty in complying technically
with the oder of the court, while avoid
ing the possibility of the escape of the
Chinese. This could be done if the
marshal served his writs on board the
vessel and left a deputy aboard in charge
of- the Chinese until the court passed
on the cases.
H TRANSCONTINENTAL TRIP.
Nbw York:, June s.—The Times sayß:
It is possible the entire senate commit
tee on immigration, of which Senator
Hill is chairman, will make a transcon
tinental tour this summer. Senator
Sqnire has urged tbat an examination
of tbe Chinese immigration question be
made, and that at least a sub-committee
be sent to the coast to ascertain the con
dition of the Chinese in California, and
possibly in Oregon and Washington.
Some members of the committee favor,
going in a body to San Francisco and
attempt to find ont on personal inspec
tion what sort of citizens Chinamen
A SOBNE OF TERROR.
Recovery of Dead Bodies from the Fn
•nte Ooal Mines.
Galvbston, Tex., Jane 5.—A special
from Eagle Pass to the News eaye: The
ecuoe at the Fnente mines this morning
would strike terror to the hardest heart.
At 10 o'clock the fire was extinguished
and the work of rescuing the dead began.
Those who explored the mine reported
finding six bodies in chamber 21 and
eight in chamber 22. Some were lying
on their backs, others appeared to have
burrowed in the earth in their frantic
efforts to escape from the d sadly fumes,
while still others were in a sitting
posture, with eyes wide open and tongues
protruding. All the bodies were badly
burned. Sixteen bodies were recovered
A Snap for Wantpolnters.
Washington, June 5. —The war de
partment has conclnded to send the en
tire corps of cadets from West Point to
Chicago so the regular army will have a
creditable though small representation
at the world's fair, notwithstanding the
failure of the effort to secure a grand
military encampment there. The cadets
will not go until the middle of August.
Manleter Mahony Recalled*
Washington, June s.—The stale de
partment has cabled the acceptance of
the resignation of Rowland B. Mahony,
minister to Ecuador, instructing him to
turn over the legation archives to the
United States consnl.
For sunbnrn and freckles use only
Perfecta Face Cream; safe and sure.
For sale by A. E. Littleboy, druggist,
311 South Spring street
DIFFICULTIES IN THIS WAY.
Saa Franclsoo Afraid to Carry Ont De
San Francisco, June s.—Mayor Ellert
to-day met the heads of the various
local business organizations aud promi
nent citizens and discussed tbe project
of holding a commercial fair in San
Francisco succeeding tbe exposition at
Chicago. The proposition wis not very
cordially received, many thinking that
the time is to short and the difficulties
in the way of adequate representation
by exhibitors at Chicago too great to
afford the present assurance tbat the ex
hibition will be a success. A letter was
read from M. H. de Young, nqw in Chi
cago, offering to subscribe $6UOO to the
No conclusion was reached and it was
decided to further canvass the matter
and if possible learn of the probabilities
of securing financial and other assist
ance from local capitalists.
FELL 3000 FBSBT.
An Aeronaut Dashed to Death at Tren
ton, N. J.
Trbnton, N. J., June s.—Charles Y.
Richmond, an aeronaut, made a 3000
--foot ascension today and lost his life.
Richmond rose gracefully, sailing with
the wind in a southeasterly direction.
When he cut loose from the balloon it
was noticed by the spectators that the
parachute failed to work properly, and
they were horrified to see Richmond
descend with lightning rapidity, making
revolutions in the air as he came down.
Several women fainted, and everybody
in the great throng was sickened by the
spectacle. Richmond landed in a muddy
little stream, and if he was alive when
he touched the surface be was drownod.
He belonged in Springfield, 111.
A BOLD BANK PtOBBERY.
BIX BOBBERS MARK A DABINO
RAID IN ARKANSAS.
They Hold TJp the People's Bank at
Bentenvllle and Secure 910,000
Booty—A Battle With the
CI tl seas.
Little Rock, Ark., June 5. —A special
to the Gazette from Bentonville, Ark.,
saya: Thia town waa thrown into the
wildest excitement this afternoon by a
band of six robbers rushing in, and with
drawn Winchesters robbing tbe Peoples'
bank of all its gold and currency,
amounting to about $10,000. They
came in town by a back alley and left
one of their number to hold their horses,
while three went to the bank and, at
the point of guns, compelled the cashier
to shell ont the cash, -Two jtood at
Wo OOOT Ann ftrtid into the streets
at every man who showed a head.
The citizens, however, as soon as possi
ble, got what arms they could and com
menced a fusilade on the robbers, finally
wounding two of them, but to what ex
tent is not known. Three citizens were
wounded in the fight, George J. Jack
son, slight wonnd in the head; Tom
Baker, slight wound in the chin ; Taylor
Stone, shot in the groin. When the
robbers left they compelled some of the
bank officials to go before and behind
tbem in order to protect them from
the citizens. The shcr'ff with a posse
started in pursuit immediately and
at last accounts waa only a quarter of a
1 ile behind them. It is expected tl.ty
will be captured, but it is not probabie
they will give up without hard fighting.
It is suppose they are making for In
dian territory, ab they are traveling in
that direction. Another special from
Rogers, Ark., says a skirmish between
the sheriff's posse and banditts took
place about four miles weßt of Benton
ville, but gives no particulars.
NO ONE TO BLAME.
The Man Who Drove Over John H.
Chicago, Jnne s.—The coroner held
an inquest today on tlto remains of John
H. Burks of Loa Angeles, Cal., killed
Saturday afternoon by a truck. Wit
nesses were examined but nothing was
adduced to show that Burks' death was
the result of negligence on the part of
any one. The jury found accordingly,
and exonerated Driver George W.
Jacobus from blame.
An Stastern Hot Spell.
Washington, June 6.—A hot wave
struck the city yesterday and several
proßtrationa from heat have been re
ported, one of which proved fatal. The
maximum temperature in the shade
Net York, June 5. —New York was
visited by a hot spell today and mnch
suffering resulted in consequence. The
thermometer registesed 34 degrees at 2
Sewing Machine Wort** Clotted.
New York, June 'v--Judge Kirk pat
rick, receiver of the Domestic Sewing
Machine company, closed the factory at
Newark, because two weeks' wages" are
now due the men and no money ia in
eight to pay them with. As soon as an
inventory ls made the shops will be
started up to put in shape for market
about $1,000,000 of material now lying
Ordered Back to Oorea.
Washington, June 5. —The navy de
partment has ordered the CT. S. 8. Alert
from Shanghai back to Corea,. but the
reason for tbe move has not been made
public. Secretary Gresbam said this
evening he bad noinformatian of threat
ened ttouble in Corea which would jeop
ardize American interests, and believed
there was no cause for apprehension.
Mexican Oentral Officers.
Boston, June 5. —The Mexican Central
Railway company directors completed
organization this afternoon. Tbe presi
dent is A. A. Rob nton, in charge of the
general business allaira of the company,
headquarters Boston. Edward Jackson
is one of the vice-president ai<d also gen
eral manager, with headquarters at the
Oity of Mexico.
For bargains in millinery go to Thurs
ton's. 264 South Mala street, opposite
CLEVELAND HAS SPOKEN.
The President Defines the
Duty of the Hour.
Calmness and Coolness Needed
in Financial Circles
And Study and Reflection Among
the People of the Land.
Congress to Be Convened In September
to Deal With the Question Thnt
Menace's tho Conntry'*
By the Associated Press.
Washington, June s.—The president
said this evening in reply to a direct
question by a representative of the As
sociated Press that he intended to call
an extra session of congress not earlier
than the Ist nor later than the 15th of
September, unless unexpected contin
gencies should necessitate an earlier
meeting. The president further said:
"While there haa been no mystery
nor secrecy regarding my intention in
this matter, I think it not amiss that
our people should be informed authori
tatively that the time is at hand
when their representatives in congress
shall be called upon to deal with
the financial condition which ia the
only menace to to the country's welfare
and prosperity. It is well for the peo
ple to take up the subject for themselves
and arrive at their own conclusions as
to tbe merits of the financial policy
which requires us to purchase idle silver
bullion with- gold taken from our re
serve. One does not need the eye of a
financier to see tbat this gold thus sub
tracted from the government's stock, is
eagerly seized by other nations for the
purpose of strengthening their credit at
our expe*nee. It does not need the art
of statesmanship to detect the danger
that waite upon the continuance of this
operation. Already the timidity of cap
ital is painfully apparent, and none of
us can fail to see that fear and
apprehension in monetary circles will
ultimately bring suffering to every
humble home in our land. I think be
tween now and the meeting of congress
much depends npon the action of those
engaged in financial operations and busi
ness enterprises. Our vast national re
sources and credit are abundantly suffi
cient to justify them in the utmost faith
and confidence. If instead of being
frightened they are conservative, and if
instead of gloomily anticipating immedi
ate disaster, they will turn with hope
toward the future, tbey will perform a
patriotic duty and at the same time pro
tect their own interests. The things
just now needed ars coolness and calm
ness in financial circles, and study and
reflection among onr people."
A gentleman who is in a position to
know something about the financial pol
icy of the administration said to a re
porter today bis understanding was tbat
Carlisle would go on using the gold re
serve until it is much fnrther reduced,
and rely upon congress in extra session
to relieve the situation.
Rumors of a special cabinet meeting
and of the intention of the president to
ca!l n special session of congress before
September 15th, in view of tbe financial
situation, failed of confirmation at the
White Houße nday.
JOHN C. NEWS OPINION.
The Stringency In Money Due to the
Silver. Purchase Act.
Washington, June 6. —Gen. John C.
New, late consul-general to London,
speaking of the financial situation, said
today: "I hava no idea of the policy of
the administration, bnt it ought to occur
to anybody that the gold stringency is
due to the policy of purchasing silver
bullion and paying gold for it, for issu
ing silver certificates amounts to tbe
payment, direct, of gold for sil
ver. The inevitable result of such
a policy, if pursued, must be the plac
ing of tbe United JtatfK on a silver ba
siß. In Great Britain their is consider
able unrest in financial circles, and a
fluctuation of prices in all kinds of se
curities exists. This is due to over-pro
duction, participation in different kinds
of promotive schemes and other local
causes, and also to bank failnres in Aus
tralia which, as everybody knows, di
rectly affect the financial situation in
OUTFLOW OF GOLD.
The Koserve : ' .king Lower Day by Day
—Chicago Drawn Upon.
Washington, June s.—One million
dollars in gold haß been withdrawn from
the sub-treasury at New York for export
tomorrow. This leaves the net gold in
the treasury 189,334,320.
Chicago, June s.—For the first time
in several months the Chicago sub
treasury was today drawn on to assist
ihe depleted gold reserve in the east.
Today $1,000,000 gold was shipped by
express. There still is $7,000,000 gold
here, and the amount is continually
being increased by Chicago banks depos
iting gold for currency.
Whisky Timet Bonne Floated.
Phobia, 111., Jane 5. —The directors of
tbe Distillers & Cattle Feeders company
to-day accepted one of the bids submitted
to President Greenbut, while in Chi
cago last week. President Oreenhut re
fused to state the amount of the bonds
sold or the price received. "It is suf
ficient," said be, " to meet the present
It ia understood the amount is $1,000,
--000 and the price much lower than an
A Mo cod Sensation.
Mbkoed, Cal , June s.—The town was
thrown into a state of excitement today
by the diecoveiy that A. K. Reams, pas
tor of the M. E. chnrch, eloped last,
night with Lucy Rucker, the 15-year-old
daughter of one of the deacons in the
chnrch. Reams left his wife and three
small children here.
BERING SEA ARBITRATION.
Kx-Mlnlater Ooolldge's Observations on
New York, June 6.—Dr. Jefferson
Coolidge, ex-minister to France, arrived
in New York yesterday and started this
morning for his home ii Boston. "The
Bering sea tribunal," c d he, "could
hardly be improved up ~ In order to
decide in our favor the tribunal will
have to lay down some new principles of
international law, and I think there is
a very fair prospect of their doing this.
Any new law formulated by them would
undoubtedly be approved by all the
nattor interested. Even if they should
decide ag iinst ua, they will probably de
vise some means, such aa a closed
season, ior instance, by which seals can
be protected and preserved. The argu
ments will soon be finished, then con
sideration will begin. If there should
be a disagreement time would have to
be granted for the preparation of a
minority report, or further information
might be called for. For these reasons
a decision can hardly be rendered for
several weeks yet."
WANA MAKER'S WAITBRS.
They Strike for Higher Wages and Bet
Philadelphia, June 6.— Fifty-seven
waiters employed in a restaurant At
tached to John Wanamaker's grand
depot struck for increased wages an i
better food today. Wanamaker readily
agreed to improve the quality of the
food today, but declined to grant in
creased wages. The men quit during
the noon rush. Thirteen men refused to
strike, and managed after some delay to
wait on the patrons. Wanamaker re
warded tbe faithful ones each with a ten
AN EXPENSIVE TRIAL.
THE COST OF THE BRIGGS TRIAL,
It is Estimated as High as SSO,OOO.
Colonel McCook Said to na.ro
Spent SBO.OOO at His
Washington, June 6. —It is generally
agreed among Presbyterians promi
nently connected with the Briggs case,
that the expenses incurred during the
entire progress of the case, from the
initiatory stage until the general assem
bly disposed of it last week, amounted
to a very large sum, but it is almost im
possible to make an estimate of the
total amount with accuracy. Some light
was thrown upon thiß subject, however,
by Rev. Dr. Bartlett, who was chairman
of the local comavttoe on arrangement!)
for the general assembly. Dr. Bart
lett says the board bills alone
of 200 commissioners to the assembly,
the number the local committee prom
ised to provide for, amounted to $000
per day, and therefore tbe two days'
trial of Dr. Briggs in this city cost the
local committee $1800. There were
more than 800 delegates to the assem
bly, and while the trial consumed, prop
erly speaking, only two days, the case
really oxtended over more than double
that period, so $13,000 iB nearer the
mark than $1800. This in itself is a low
estimate. Dr. Bartlett is of the opinion
that the estimate made by some of the
commissioners that the Briggs case from
the beginning to the end cost the gen
eral assembly about $50,000, is nearly
correct. Colonel McCook of the prose
cuting committee, a wealthy man, spent
out of bis own pocket, according to Dr.
Bartlett's opinion, at least $20,000,
HAD A GLOSS) CALL.
The Indicted Nebraska State Officials
Lincoln, Neb., June 6. -The supreme
court has rendered a decision acquitting
tbe state officials.
The court sustains the plea of non
jurisdiction in the cases of ex-Treasurer
Hill, ex-Attorney General Leese and ex-
Omaha, Neb., June 5.—A special to
the Bee from Lincoln, Neb., says: The
impeached state officials have been rein
stated, but they had a close call. The
supreme court, by a vote of two to one,
declared Secretary of State Allen, Attor
ney-General Hastings and Commissioner
of Public Lands and Buildings Humphrey
innocent of the charges brought against
them by the legislature. Chief
Justice Maxwell was a dissenter. He
held that the three men were gniity
of misdemeanors in office and shoo d he
forever debarred from holding positions
of trust in the public service; but Judges
Post and Noval, in their opinions, ac
quitted the accused of any intention of
wrong-doing, and thus restored them to
their office. The opinion is very lengthy.
Judge Maxwell, in dissenting, finds that
"the charges are well taken and should
be sustained. I therefore vote
guilty as charged. I find that
the result of the decision, if ad
hered to, will be to open the door to the
grossest frauds in the public institntions
of the state. A number of witnesses
for the state testified as if under con
straint, and there seemed to be powerful
fnfluences affecting eoiue of them, aside
from the immediate friends of the re
spondents, at work in their favor. The
respondents are of course not responsi
ble for these influences, bnt it is my
duty to mention them."
McOlynn Doing Penance.
Nbw York, June s.—Notwithstanding
many assertions that Dr. McGlynn has
sailed for Rome, it is known by bis
closest friends that he is ia retreat in
the Trappist monastery near Lexington,
Ky„ and will stay there some time
doing penance. After this he will prob
ably go to Rome.
A Steamer Ashore.
Vineyard Haven, Mass., June s;—An
unknown steamer is reported apparently
ashore between Muekegat and Martha's
The world's fair will cause a rush. I
Order early. Full stock, good fit, mod- i
crate prices, (rets, fine tailoring, 112 I
West Third street.
ROUND TRIP TO CHICAOO.
RAILROAD PARE, SLEEPING
CAR BERTH AND TEN DAYS'
STAY AT A HOTEL OFFERED
FREE BY THE HERALD.
PRICE FIVE CENTS.
A SAVINGS BANK PANIC
The Failure of Schaffner &
Co. Bearing Fruit.
Runs on Every Sayings Bank
MeadowcFOft Bros. Unable to BtanfJ
AH the Rout Polled Through—A I.oag
Idit of Financial Disaster*
Duo to Stringency
By the Associated Press.
Chicago, June s.—The failure ot
Herrman Schaffner & Cob. bank, which
occurred last week, bore fruit today in
well defined rnna which were precipi
tated on almoet, if not every one of the
savings banks of Chicago. The first to
feel the effect of the excitement was the
Bank of Commerce, where a great many
Jewish citizens of the poorer class keep
their accounts. Tbe Schaffner failnre
had alarmed them and they bore down
on the Commerce at the opening honr.
The tellers were doubled up and paid
checks as fast as presented throughout
the day, the officials of the bank ex
pressing no alarm whatever and saying
they were able to meet any demands.
The Illinois Trust and Savings bank,
which has a larger line of this class of
deposits than any other bank in the
city, amounting at times to over $12,
--000,000, put on an extra force of tellers
and paid every one as rapidly ac possi
ble. At 3 o'clock this afternoon they
posted a notice on the front door that
the bank wonld remain open until 10
o'clock tonight and so long as the pres
ent excitement continues.
The Hibernian bank, which aa the
name implies was the depositary for a
large number of Irish-Americans of
small means, was crowded all day, bnt
found no difficulty in meeting all de
The Dime Savings bank took advan
' >'.;re of the rule requiring, if necessary,
ol) days' notice of withdrawal, and paid
only a percentage of its deposits today.
Tbe Globe Savings bank applied the
The Milwaukee Avenue Savings bank
sustained a moderate rnn throughout
the day, and they, too, kept open house
until 9 o'clock tonight.
, Equally spirited checking was noted
! j rtpon the Price, State National and Prai
j rie State Savings, aB weii as upon' the
Union Trust company and the Avenue
Savings bank, but in no case was alarm
felt by well-in:'' rmed people. In fact,
at many of these institutions large de
positors came in during the afternoon
and made heavy deposits.
Today's situation was greatly aggra
vated by a number of board of trade
brokers, who for reasons of their own
devoted themselves to the circulation of
sensational rumors in which they in
volved at one time or another noarly
every bank in the city and a large num
ber of leading stockyards operators.
Notwithstanding thsse malicious efforts,
,no fear is felt as to the safety of any of
he eading banking institutions of thia
The failnre of Meadowcroft Brothers,
a minor institnHon, with total deposits
of perhaps $20 >.' 0, aroused little or no
At midnight the Illinois Trust &
Savings bank was still paying off and
the crowd of depositors anxious to
draw money is still as large as ever. The
bank officials are rather pleased than
otherwise as it means a big saving to
tbe institution in interest. So far the
saving is about $35,000. At this hour it
was announced that the bank would
not close so long as a single depositor
cared to draw out a dollar. The paying
of the money is being continued at
seven windows. President Mitchell
said: "We sball stay right hsre for three
months and not close our doors night or
day if such proceedings ehonld become
necessary, We are good for any run, no
matter bow long it is kept up."
At 1:30 a. m. the Illinois Trust and
Savings bank is still open, the force of
paying tellers at seven windows having
been relieved by fresh men, and enough
people are still waiting for money to
keep the bank open two hours more.
President Mitchell said there was plenty
of money on hand and plenty of men to
pay it out.
Meadowcroft Bras. Go to the Wall—Oth
er JCmbarrassocl Firms.
Chicago, June s.—Meadowcroft Bro
thers, private bankers and dealers in
commercial paper, doing a business
similar to that of Herman Schaffner,
who|failed Saturday, made an assignment
today. It is one of the oldest private
banVins: firms in the city. Assets and
liabilities are not yet known.
Later, on application in court, a re
ceiver was appointed for the bank, on
the application of a member of the firm.
The bill gives as the cause of the failure
inability to reorganize after the death of
one of the brothers, last February. The
bank was established in 1860 by the
fathers of the members of the present
The attorneys for the bank place the
debts at $250,000 and the assets at $470,
--000. The latter consist chiefly of com
mercial paper which is not readily con
vertible into casta.
F. A. Armstrong & Co., manufactur
ers' and dealers in society and military
uniforms, have failed. Liabilities,
$150,000; assets, $275,000.
The driii has been in business 20
years. An ."nebment was brought
against the lirui Baturday, and the
sheriff took possession. This morning
the judgment was satisfied, but as others
who had heard of the attachment
threatened to press their claims, it was
decided to assign, The firm claims that
the failure is only temporary.
The property of C. A. Weiaenbach. •