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DAILY WEATHER BULLETIN.
Office Chief Signal Officer, )
Washington, D. C, May 15, 8:56 p. m. f
Observations taken at the same moment of
time at all stations named.
UPPER MISSISSIPPI VALLEY.
Bar. Ther. Wind. Weather.
St.Paul 29.96 58 Calm Clear
La Crosse 29.96 57 X Clear
isar. Ther. Wind. Weather,
Bismarck 29.91 02 Calm Clear
Ft. Garry.. 20.75 54 S Fair
Minne'dosa 29.76 62 V." Hazy
Moorhead 29.94 01 SW Clear
Quapelle 29.80 59 SW Clear
St. Vincent 29.83 59 S Clear
XORTHERX ROCKY MOUNTAIN SLOPE.
Bar. Ther. Wind. Weather.
Ft. Assinaboin..29.Bs 70 SW ' Clear
Ft. Custer 29.81 59 SE Fail-
Helena, M.T.... 29.80 02 W Fair
Huron, D. T 29.97 58 E Clear
Medicine Hat... 29.73 68 S Clear
Bar. Ther. Wind. Weather.
nuluth 80.03 42 S Clear
DAILY LOCAL MEANS.
Bar. Ther. Dew Point. Wind. Weather
29.935 |. 58.5 , 89.7 NW . Clear
Maximum thermometer, 70.4 minimum ther
mometer 46.0; daily range 24.4.
River—Observed height 8 feet, 4 inches.
Fall in twenty-four hours, 3 inches.
Note—Barometer corrected for temperature
P. P. Lyons,
Sergeant, Signal Corps, U. S. A.
Washington, May 16, 1 a. m.—lndications for
Upper Mississippi Valley: Slightly warmer, fair
weather; variable winds, shifting to east' and
Missouri valley: Fair weather, followed by in
creasing cloudiness and local rains; southeasterly
winds, stationary temperature.
TESXEHJJ.I X'S 31A It KJSTS.
There was no change in the local markets yes
terday. At Milwaukee and Chicago wheat open
ed higher and advanced, but soon depreciated
again, Milwaukee closing l?.£@li£c higher than
on Wednesday. At Chicago wheat closed at 1%
for June, IJ4 for July and August and lc for Sep
tember higher than Wednepday's close ; corn was
steady; oats declined lA@,}sc; pork advanced
15c and lard was steady. Wall street was cooled
off and firmed up somewhat at the opening of the
stock market, and a better feeling prevailed ow-
Ing to the resumption of the Metropolitan bank,
and price 9 advanced from Ito 6 per cent.; but
rumors of failures and suspensions broke the
market several times during the day, which was
as often g strengthened by heavy buying,
especially for European interests. The princi
pal failure announced was that of Fisk & Hatch.
Canards of suspensions and defalcations were
circulated but promptly denied. The market
closed irregular bnt firmer, with some twenty
shares higher and 17 lower, out of 37 active
Oxe of the best pieces of news that has
reached the country for several days is the
resolution of the House of Representatives to
exclude McKinloy from the seat in Congress
to which he was not elected, but for which
he held a certificate issued by a partisan re
• turning board. At last .iustice is to be done
to Mr. Wallace, the gentleman whom the
The New York World remarks: "The
only question is whether Mr. Blaiuc's
strength will not increase before the conven
tion meets sufficiently to make a second bal
lot unnecessary." This calculation is based
on the possible desertion of Arthur by the
Southern delegates electeJ in his favor. If
Blame is nominated he must be on the first
ballot. The more ballotf the less chance for
Senator Camekox is reported to be on his
hoi.it-ward way, plowing the bounding bil
lows of the dark blue sea. The lieutenants
to whom the senator committed the political
fortunes of Pennsylvania, contrived to let
the state slip into the hands of Mr. Blame,
on the face of the returns, and soon the mas
ter-hand will be asserting itself in the en
deavor to redeem the lost ground. He may
bo equal to the emergency, but the task is no
Tm: woman Buifrage mil was defeated in
the New York assembly by the close voty of
62 nays t057 years. Twenty-seven Demo
crats and thirty Republicans voted for *he
bill, so it appears that the question was not
one of part}-, and that the adverse decision
was based upou other grounds than party
considerations. This may be taken as a
favorable omen by the 'advocates of: female
suffrage, and very much simplifies their
future work. ♦
In ISSO it was said, and with truth, that if
Blame was nominated for President, Jay
Gould stoody ready to furnish the monej that
would elect him. The events of the last few
days in Wall street, should be accepted by
the country as notice that if Blame can
gain the nomination he must be defeated.
It would be better and safer to elect Jay
Gould direct, than to make him Presiden
through Mr. Blame. No man is named by
either party as a candidate for President,
whose election would be so dangerous to the
country, as that of Mr. Blame, and if by any
hook or crook Ue compasses the nomination.
every man who is not in favor of allowing
Wall street gamblers to rule, should unite for
his defeat. Nothing could transpire so jeop
ardizing to the business interests of the coun
try as the nomination and election of Blaiue.
Let the Republican party nominate that man
if it dare.
Sexator Vest assures the American peo
ple that Gen. Phil. Sheridan is not the au
thor of the saying '-that the only good Indian
is a dead Indian." Why the senator should
have thought it important to snatch from
"Little Phil." this popular laurel he does not
clearly explain, but he may have been actu
ated by a desire to vindicate "the truth of
history," even at the expense of a famous
military chieftain. Unfortunately the posi
tion of Sheridan has been misunderstood
since the Custer massacre.
The Liberal Ministers have introduced in
to the House of Commons a bill for organiz
ing a new government for London. This is
thought to be one of the most important
movements of modern time. The bill pro
poses that the city should be placed under
the administration of on Elective Council of
220 members. The city of London contains
122 square miles and a population of 4,000,
--000. The city will be divided into 39 dis
tricts and will elect 39 councilors, forming
the great Municipal council who will possess
all the powers now lodged in the ancient cor
poration of the city. The council will con
trol a revenue of $40,000,000 a year. What
the Parliament is to England, the great coun
cil will be to the city of London. The bill
remedies long standing abuses, and simplifies
a very complicated system of administration
and is received with very general favor.
The Republican factions are doing a merci
less work. They are assailing each other's
favorite candidates for the Presidency with
a malignity scarcely of this world. There is
not a Republican, whose name has been con-
nected with the Presidency, who is fit for
even the most common public trust, he is
so unworthy, unscrupulous and corrupt, if
we give credence to the stalwart opposing
factions. Such tactics might find their coun
terpart in Hades, but they are scarcely of
earth. After the Republicans have put their
candidate into the field, how they are to con
ciliate their inflamed, disappointed factions
into harmonious and effective support of the
nominee is a rugged problem to solve.
"Whom the gods will to destruction they
first make mad." These warring factions
are mad to the point of mutual ruin. Let
them rage on. They are furnishing amuni
tion for the Democratic campaign.
Whatever truth there is in the Indian
.legend that white men are uncertain, the
politician element comes in for its full share
of such peculiarity. Great claim has been
made in behalf of Arthur that the delegates
chosen in the sunny south are almost a unit
for him, but it turns out that this claim is
largely and dangerously mi^eading. It is
true certain sets of delegates were chosen as
Arthur men, and supposed by those who
supported them to be such beyond question.
It turns out however that the alleged delega
tions are the most uncertain incidents of po
litical machinery. The Tennessee delega
tion instead of being solid for Arthur, has
but little friendship for him, while in num-
ber and weight of influence a majority of it
is for Blame. The Virginia-Mahonc delega
tion supposed at the outset to be firmly at
tached to Arthur's flag, turns out to contain
as many as ten members who will not vote
for Arthur under any circumstances, but the
ten recalcitrants are solid for Blame. In
Ohio where Arthur has few frieuds, and John
Sherman cuts a very small figure, and four
flfthg of the Republicans are ardent Blame
men, and gave him a majority of the dele
gates, a change is goiug on b3 r which it is be
lieved Blame will be cheated. McKinley,
one of the delegates at large, who pretended
to be a Blame man, and could not have been
elected as a Sherman man or as an Arthur
man, is saying that Sherman is the safest
candidate and the man for conservative bus
mess interests. It is plain to be seen that
very light reliance can be had on the future
action of delegates, and that all depends on
the juggling which will transpire at Chicago.
Gen. Grant is, perhaps, "a spectacle to
men and angels," certainly he is to men and
stock gamblers, presenting a sample of reck
less financial imbecility that finds no paral
lel in the whole history of Wall street broker
age gambling. He never accumulated a far
thing by his own personal, or skillful econo
mic exertions, but in consequence of his
greatly overrated military career, he was
made the beneficiary cf grateful, wealthy
men, and was enriched to the amount of
hundreds of thousands of dollars, in valuable
homesteads given to him in New York, Phil
adelphia, and perhaps other places, and, also
received in like manner, invested cash funds
and like a greedy mendicant he was always
ready to receive all offers of money, lands or
other presents, having neither sensibility,
nor self respect, to cause him to recoil from
so degrading a position.
Some of these house-gifts were provided
for his wife, to secure her from whatever re
verses the future might bring. These gener
ous gifts of thousands and hundreds of thou
sands, given for his own personal benefit
and comfort, not for the purposes and perils
of speculation, in violation of what he ought
to have considered a sacred trust, he reckless
ly threw into the seething cauldron of Wall
Street speculative gambling and has lost all
—all that he held in his own right, and all
invested in his wife's right as well. The ex
travagant, headlong house of Ward & Grant
has fallen; fallen to the tune of ten million
dollars! "What a fall was there my country
If the achievements at Appomatox were
maginflcent in their successes the transac
tions in Wall street are equally stupendously
magnificent in their failures. Lost at this cri
sis the superseryiceable acting vice-president
appears on the senate floor and offers a bill
to make the badly flattened out wall street
gambler a pensioner on the goverment. A
day or two later Mr. Logan takes the lead
and puts the bill on its passage, and not a
negative vote is cast in Ihe whole senate.
Is it to be inferred from this that all senators
are stock gambler, as it is known Edmund
is, and that "a fellow feeling makes them
wouderous kind." However that may be,
what could be more malapropos,more worthy
of denunciation and consuming censure
than this whole proceeding. "If Grant had
had a modicum of common sense, or self
respect on the conclusion of his presidency
he would have retired to private life, like il
lustrious predecessors before him, to enjoy
in dignified retirement, the munificent
benefactions of his over officious, snobbish,
gushing rich admirers, and have abstained
from the harrassing, soiling turmoil of the
world's clashing business and political
He might have found an example wor ' y
of imitation in another former General, who
on leaving the Presidency, satisfied with the
fruits of worldly ambition, retired on his
honors to his beloved "Hermitage" to spend
the evening of an illustrious career, in -dig
But not so the hero of Appomatox. When
his Presidency ceased, surrounded by the
same greedy and corrupt cormorants that had
made his administration a reproach, he ha&
continued to mingle in all the strifes of par
tisan politics and fired by personal ambition,
when he had no higher honora to gain he
strove for a third Presidential term. He
even took the stump in 1880, in partisan
warfare, and mixing in with Mexicafl and
other chimerical railroad projects, selling the
prestige of his name to various artful schemes
for the aggrandizement of his hangers on,
he, at last, as his final Waterloo, plunged in
to Wall street to lose all, to be east out naked
and bleeding by the heartless thrusts of stock
THE ST. PAUL DAILY GLOBE, FRIDAY MO&NIKG, MAY i«. 188 i
pirates; his fortune absorbed; his prestige
ruined; no longer a military, or a political,
or a financial power; poor, forlorn, reproached
despised and sad, such creatures as
Edmunds and Logan are found to bow down
at his shattered shrine, and with sacerdotal
whine and moans tear open the treasure
vaults and bestow its tax-gathered funds up
on this stranded Wall street confidence man.
What can be said of these false servants,
these pretended saints, and their colossal
protege, (colossal only in his ruins) but to
take them all (figuratively speaking at least)
out to the Potter's field, and bury them
away from longer vexing social, political,
official, or business complications. Thus,
and thus only, may be inscribed to the de
solate memory of the gamester and and his
patron 6aints, liequkscat in pace.
THE GLOBE A3 A NEWSPAPER.
The Globe invites inspection this morning,
and every morning, of its columns, as evi
dence of its first class qualities as a news
paper. No journal anywhere has surpassed
the Globe in its reports of the great pauic
in Wall Street, and no journal anywhere sur
passes the Globe in its reports of all Im
portant events at all times. The coming
season will bo one of intense
news interest and the Globe
will keep abreast of the times and' take no
steps backward. It will be a'compendium
of all political events of the year and will
not be surpassed as a newspaper in any par
The Globe is, withal, the cheapest first
class eight-page paper in the United States.
It can be obtained by carrier, seven issues
per week for six months for $4.25, and by
mail, six issues per week forthc same period
for §3.50. This will cover the exciting
period of the National convention and the
Xow in an excellent time to subscribe.
THE CONGO RIVER.
Matters on the remote Congo river are ex
citing attention all over the civilized world.
Even the United States have found it desir-
ablj to take some action in regard to the river
and its adjacent territory, and by so doing
have excited some feeling in the old world,
and more especially in Germany. many
years, Portugal has claimed possession of the
mouth of this river, and has exercised cer
tain rights over those who have ascended it
for trading purposes. This has created some
dissatisfaction, and not long since an at
tempt was made to free the trade of the
Congo river from everything in the nature
of exaction; and in brief' to make it a free
trade region, in which all nations may carry
on their commercial or manufacturing oper
ations on a perfect equality.
Lately England and Portugal have con
cluded what is known as the Congo treaty.
in which Portugal is allowed, with certain
restrictions, to retain the sovereignty which
she has so long exercised. This treaty is
not yet ratified by the English house of com
mons, and is already meeting with opposi-
tion, not only in England, but in various
other countries. It is claimed by those who
in England oppose the treaty that there is
no use in making an agreement between
these two powers unless it is concurred in
by the other nations having an interest in
the Congo trade. It has already been ascer
tained that France is hostile to any such as
sumption of power by these two countries;
and the same is true of Holland,
which has many manufacturing and other
interests on or near the Congo river. A few
weeks ago, the senate in Washington passed
a resolution to the effect that this country
will recognize the International African as
sociation, a combination which has for its
purpose the securing of the entire- freedom
of trade with the Congo river, and which
takes ground directly antagonistic to the
treaty between England and Portugal. It
appears that this country has a very consid
erable trade with the Congo region, and has,
therefore, a strong interest in pre
serving that region from the dominations or
exactions of any power.
This action on the part of the Unites States
senate has excited much discussion in Eng
land, and is materially aiding those who ob
ject to the claims of Portugal, and who wish
to make the region one of absolute free trade,
and exempt from any interference on the
part of the Portuguese or any other people.
The attitude of Bismarck on this matter
is a curious one. On Tuesday last the North
German Qazelte published an article which
was in part an attack on the International
African association, and in part somewhat
of a slap at the United States. Speak
ing of the action of the senate in
agreeing to recognize the flag of the
Internationa] African association, it wishes
to know who and what is this association?
It says that its statutos are not published,
and that it is not even known whether it
possesses any corporate rights. It further
asks from whom this corporate association
acquired its rights? The very next day Bis
marck telegraphed to London protesting
against the treaty between England and Por
tugal, and thus the matter stands at the pres
What will be the out come of this compli
cation it is difficult to foresee. Germany
will have neither the Congo treaty, nor the
International African association. England
is not fixed to any policy, for, although it
has concluded the Congo treaty with Por
tugla,there is developed so strong an opposi
tion in its own commercial circles, and the
country is so much influenced by the opposi
tion of Germany atul the United States that
the treaty will not be likely to be ratified by
the house of commons. But how
does this country stand? It has al
ready taken a position by offerinsr
to recognize the flag of the International
Association, and herein has incurred the op
position of the German chancellor. If we
persist in our support of the association, anJ
Germany in its opposition, what will be the
effect of this antagonism on our relations
with Germanyl Will there some day be a
collision somewhere on the Congo, between
a body of American traders, and some Ger
man interests; and if so, will the emuete
be transferred to a wider area for its settle
It would seem as if this country might have
waited a little longer before passing ou a
matter of so much importance. The Congo
trade is something in which all the civilized
countries have an interest, and the settle
ment of it should be made by a consultation
of all the nations. It is rather an insolent
tning for England and Portugal to attempt
to settle this issue between themselves, and
it is scarcely less an usurpation
that this country should ally itself
to another party in the issue without
hearing from all the others. At any rate,
France, Germany, and the United States will
have no part in the Congo, or Anglo-Portu
guese treaty,' while Germany has practically
announced that it opposes the International
African Association. There is here an op
portunity for breeding a difficulty, and,
owing to the ill-humor of Bismarck over the
Lasker, and the hog incident, he may be dis
posed to employ the opportunity to crowd
this country to the wall.
It is significant that members of Congress
favoring putting Grant on the retired list, pen
sioned on the public treasury, exact from him the
promise to retire from politics, %id to cease
gambling in Wall street. This is humi'iating to
the despoiled speculator, but Grant was never
known to refuse a gift, however degrading its
conditions. Grant had not grace and dignity of
character sufficient to induce him to do the right
and proper thing as an ex-President, voluntarily,
and now his friends take him in hand, and not
only promise to put him on the retired list of the
army, but to retire him from politics and pnblic
afleirs, that he may cease making a spectacle of
himself. A man of true sensibility would be
mortified to occupy Grant's present position, but
he can stand it.
Minnie Hauk thinks the operatic outlook in
this country for the next year is pretty gloomy,
and that America will not see for many years as
many first-class opera artists as during the past
season. Miss Minnie says Abbey's company con
tained so many fine soloists, and Mapleson too,
that managers will have to make the most extra
ordiuary efforts to arouse the interest of opera
goers. Speaking of Campanini vs plan of bringing
a ballet company over, she naively said: "You
remember, perhaps, what a clever French woman
once said: 'What cannot be acted can be sung,
und what cannot be sung can bo danced. 1 I hear
our friend Campaniui's voice is failing, and, us
he cannot dance himself, he proposes to make
others dance." Although offered an engagement
by Mapleson, with two new operas thrown in, in
the style of "Carmen," "both containing splendid
parts," such as she has "sung lots of times in
London and Vienna," she says she will stay in
Europe next season, and that perhaps ill another
year or two there may be an English grand opera
started, with new operas with a perfectly trained
and acting chorus and soloists in every part, with
dramatic scenes and incidents, instead as of now,
tae old Italian opera style, singing without acting
and a chorus of sticks. Grand opera, the prima
donna says is the real field of her ambitions and
success, and that she did uot "sing much in
opera this year was mostly owing to the
wretched state of operatic affairs in New York.
Operatic managers are mostly all bankrupt and
in continual quarrel with their artists, na novel
ties are produced, year after the same operas are
giveu. Opera in Xew York has become a matter
of society sport among the shoddies. All this
does uot please me, and I was very glad I kept
out of it this year." All this is brightly said,
and is sensible truth, too.
A curious lawsuit has arisen between
Samuel Reid and his wife, at Wash
ington. Mr. Reid's father was the own:
er of thebig "Armstrong" which was
destroyed by American cruisers dusing the war
of 1812. For twenty-five years the son suppli
cated Congress to pay biui for the destroyed
vessel. A couple of 3'ears ago an appropriation
of §30,000 was made to settle the claim. At the
time the money was paid Reid supposed himself
to be on his death-bed, and therefore gave to his
wife full right and title to the award, so that no
paitof the sum might fall into the clutches of
some heirs whom he disliked. However, it turned
out he did not die, and since his recovery he has
been endeavoring to persuade his wife to give
him back the money, which his frugal spouse
absolutely declines to do. B.ing determined to
carry his point he has appealed to the courts to
compel Mrs. Reid to give up the money. How
the case will turn out is uncertain and it may be
another twenty-five years before it is decided,
should both parties live so loug. If at tbe time
of the devise he was of sound disposing mind and
memory, it is probable Mrs. Reid will not be
ousted from the custody and income of her
Fkank Hckd, the Ohio free-trade congress*
man, is only 43 years of age. He is the son of
an old hotel-keeper of German descent, who
kept a tavern at a little town near Mount Vernon,
Ohio. His father made some money and Frank
was given a good edncation. At the agu of 25
he was in the State Senate, and eight years ago
he was sent to represent the Toledo district in
Congress, which he has represented each alter
nate term since then. He has been lame since
boyhood, and is very sensitive about it; so much
so that he goes very little into society,
Tom Xast, picture maker, and Geo. Wm.
Curtiss, editorial writer, are working in sweet
harmony on Harper's Weekly. Whether the
picture maker asks the editor what he may draw,
or whether the writer asks the cartoonist what
he may write about is not public knowledge, but
the quondam beligerents are en rapporte. Mr.
Curtiss' editorials are beautifully illustrated, and
Mr. Nast's pictures are grandly written up, ami
peace reigns at Franklin Square.
It is already discernable to men inside of poli
tics that the editor of the ~Sew York Tribune is
merely masquerading as a Blame man, simply
playing off another bogus cable telegram on the
public, as it were. Young Mr. Reid does not be
lieve Blame can be nominated, and has
selected Gresham for his dark horse. The bad
faith and want of any faith at all, is destroj ing
what is left of Blame.
Os his late visit to Xew York, President
Arthur was occupied from eight to twelve o'clock
at dinner, at the Fifth Avenue hotel, but a man
named Winkleman, at Ukiah, California, was
only thirty-two minutes in eating three beef
stakes, three cans of oysters, two cans of peach
es, two cans of sardines, five biscuits, ten crack
ers, four potatoes, a dish of hominy, a plate of
cakes, four cups of coffee, and a glass of water.
The St. Louis Globe-Democrat offers a chunk
of advice. "The Republican convention at
Chicago,"'it says, "will have a very plaiu dut.
to perform. Let it pick out from the candidates
the man most certain to carry Xew York. Then
let it nominate that man and then adjourn.''
That is all very well, but the conundrum still
hangs fire, "who will put the bell on the cat?"
The Postoffice Department at the instance of
the congressman from the district has changed
the name of the postoffice at Damphool, Washiiig
ton county, Tennessee, to "Blizzard." It is, Bit
course, a matter of taste, but whether it in n.
improvement, no one but the Hon. Augustus
Holmes Pettibone, M. C, can tell.
Mrs. Kate (Sprague) Chase is at present re
siding in the most fashionable quarter of Paj.s,
and her receptions every Thursday while iLey
astonish also evoke the admiration of Americans
resident in the French capital. She is as brilliant
as if there had never been a cloud or storm in her
,_As Mr. Sargent is about to break up house
keeping at Berlin, the American colony resident
there will give him a banquet on the 25th instant.
The American Minister to Paris,"M.Levi" Morton
and ex-Minister Index Xoyes have been invited
to attend upon the occasion of rejoicing.
Astronomer Puoctor brought to his second
wife, who was Mrs. Sadie Crowley and a niece of
Gen. Jeff Thompson, a large ready-made family
of ten children, including the pairs of twins.
The projected Proctor house at St. Joseph-, Mo.,
will cover at least two lots.
M. Leoouve, the dramatist who wrote "Me
dce," which Rachel created, and in which Ristori
was so successful, has a great contempt for more
modern play writers. He is a little shriveled-up
old man, not near so tall as most women, and
generally short of money.
It is stated that Henry Villard ha? decided to
go back into journalism, a position which he once
adorned. This statement is denied, but if trne
he has the ability and experience to make a
shining mark in journalistic pursuits.
A resident of Worcester, Massachusetts, has
occupied the same premises for seventy years a?
a tin shop and hardware store, including th •
seven years he served as an apprentice. The old
stock in that establishment must be something
The Gresham boom still has vaporing exist
ence. But neither th 3 Gresham, nor the Lin
coin boom gives Arthur anxiety. He fears Blame
most of all, notwithstanding the Edmunds ' 'com
binations" to weaken him.
Chinese Gordon says he has not read a news
pflner in live years. A man in that position is
l'.kely to gain in intelligence almost as rapidly as
John B. Gough made money enough by his
last lecture in New York to carry him to Califor
nia and back in a special palace car and he is ofl
on bis trip.
"■Winter lingering chills the lap of May."
May, the sari flirt, has gone lack on us, and :
still coquetting with "the winter of our discon
Jim Keene stopped when he couldn't pay,
Grant & Ward quit when they couldn't borrow.
Crushed by an Iron Girder. .
At 11 o'clock yesterday forenoon, while
workmen were engaged in boisting a
fifteen foot iron girJer weighing 1,800
pounds into place in Thompson's new block,
corner of Eighth street and Broadway, it be
came unmanageable for a moment, and
slipping upon a workman badly smashed his
right hand and ankle, and dislocated his
shoulder. His wounds were very severe,
but were not considered dangerous. It was
impossible to obtain the name of the sufferer,
who was quickly carried home in a carriage
from the scene of the accident.
Continued Fron first Pagr.
financial centers report great activity in the pur
chase of American securities. The feeling of
confidence was increased by the growing belief
in the solvency of American banks. At.Amster
dam American securities are in great demand at
prices much over New York quotations but mar
ket closed less firm.
IN ST. PAUL.
The reassuring interviews with St. Paul bank
ers, which appeared in yesterday's Globe, con
clusively demonstrated that there was no danger
of a financial collapse in this section of the coun
try. The public were not surprised,though high
ly gratified, when telegrams yesterday morning
said that the Metropolitan bank would resume at
noon. There was a feeling of
relief from this practical evidence that the action
of the New York banks was bearing fruit and
would prevent additional disaster to the banks
of that city.
A representative of the Globe called
at every bank in the city yesterday
afternoon and everywhere found a uniform good
feeling and confidence that the worst was over in
the east, and that there was not the slightest oc
casion for alarm here. The sentiment was so
uniform that specific interviews would be a repe
tition of the same ideas. There has been no
call upon the st. Paul banks except for ordinary
business purposes. The country banks are easy
and need no assistance, and our
merchants require only very moderate accommo
dation. The farmers have completed their spring
seeding and are rushing their surplus wheat to
market very rapidly, which makes country col
lections brisk and easy. Not a single bank was
found which had seen anything unusual la
business, and but for the newspaper reports they
would not be aware that there had been any finan
cial disturbance. .
An interview with the leading bankers of Min
neapolis last evening developed the gratifying
lact that the condition of finance in this city is
unshaken by the pauic of New York. The con
nection between the Minneapolis institutions and
those of Xew York which were shattered by the
crisis is so remote that it can Itfive
no effect here lest it be *to
make the money market somewhat stringent,
But even that will be necessarily temporary, be
cause our banks have ample capital to meet all
business requirements, even in an emergency.
The bankers manifest no surprise that the crush
occurred, and some assure us that they antici
pated it for weeks. The whole is attributed di
rectly to nnwise and wild cat speculation
and not to business depression. In Minneapolis,
while business is scarcely as brisk as might be
hoped, it cannot be said that merchants are suf
tering an especial depression. There was less
than the usual call for money from the banks
yesterday, although it had been rumored upon
the streets that a raid would
be made upon the Fitst National
bank by the depositors. When told of such, Jlr.
sidle replied with a smile, "we have money
enough to pay them all." He added that he
placed no credence in the report, because ther.:
was not a shadow of a reason for such an
No alarm is felt in any of the business circles,
and should any exigency happen which might
threaten a banking house, they will rally
to the support of such institution.
J. X, Sidle regards the temporary susdensiou
of the Metropolitan bank as only a ruse to cir
cumvent a run upon it. No matter how serious
a crash in the east, no serious consequences will
result to Minneapolis. The president of thu
Metropolitan bank is immensely wealthy. He
has donated a cool million to charitable institu
tions, and he is too clever a financier to deal in
stocks. Mr. Sidle is confident the excitement
will all subside in a few days.
S. E. Naylor believes that the financial trouble
will soon pass away. He has feit no effect in his
bank, and anticipates none. The northwest has
considerable capital of its own and is more inde
pendent of eastern capitalists than it was ten
W. M. Tenney said the business of the north
west is dull but it is in a safe condition. The
New York failures can have no effect here. The
Stillwater lailure will have the effect to make
capitalists exercise" more caution in mnk
iug loans to western institutions and industries-
S. A. Harris of the Northwestern bank, felt no
effect, and could see no reason for entertaining
any fears that the flurry should cripple Minneap
olis business or injure its ffuauces.
John Thornburg said: The influence of
the crush has not reached us,
nor can it. We have ample money
for the protection of all our interests, and conse
quently should a panic result, we would be safe.
Our connection with the houses that are suffer
ing a depression is merely nominal. The state
of finance in Minneapolis is at least safe. We
have nothing to fear. There is scarcely as much
call for money as there was before the crash,
yet this may be due to the foolish fears which
some may entertain that a run is to be made
.YEW YORK LAST EVENING.
Harry Ilorton Interviewed.
| Special Telegram to the Globe. [
Xew York, May 15.—A representative of the
Globe called upon H. L. Hortou of the firm of
11. L. Horton & Co.. this evening. This firm ranks
among the leading brokers of New York, there
not being more than one or two who carry as
large a line of stocks for customers as they do.
As they represent a good many customers in
your section of the country, the Globe asked his
views for the benefit of your readers. Mr. Hor
ton welcomed your representative very cordially,
and talked over the situation very frankly and
freely, and his position is such as to make his
opinions at this crisis both interesting and valu
"lam of the impression," said Mr. Horton,
•'that we have seen the worst, and that we will
soon be sailing on a serene sea again. There is
no doubt but that it will take a few days longer
to determine matters and clear away the wrecks.
I don't look for any more failures, and it would
surprise me if we were to hear of any, still, when
such a feeling of uncertainty prevails, there is
no telling what may happen. Hatters have come
with such suddenness that banks are afraid to
ioan money, fearing they may be called upon at
any moment, and they hot be in readiness to
"What is your opinion regarding stocks?"
"Even if stocks do go lower the decrease in
prices will only be temporary and I feel justified
in saying to you that it is perfectly safe 1 to begin
to buy moderately right away. I feel confident
that the man who puts his money in stocks with
out delay will make money."
"What do you think of St. Paul?"
"It is certainly very cheap at its price, and a
first class investment, but as intrinsic values are
not considered in times like the present, the
stock may go lower, although I doubt it."
"What do you think of Mr. Sage's position?'
"Regarding Mr. Sage, 1 have no doubt but he
will meet all his engagements, but he will un
doubtedly be a very heavy loser. From what I
heard this evening he will be able to protect all
his 'puts,' although he still has a very large
amount of them."
"There are rumors that the resumption of the
Metropolitan bank is only temporary."
"I don't take any stock in such reports. The
action of the associated banks will undoubtedly
enable the Metropolitan to pull through. The
institution has a large amount of money tied up,
and there is little doubt of their solvency. They
will have to wait some tine, for their money. I
hear that they hold considerable paper of the
Northwestern Car compauy at Stillwater, Minne
sota, whose failure was announced last Sunday,
which will have to be carried for some time. I
have no doubt but that it will all be paid,"
"Mr. Hatch's position is unfortunate, 1' sug
gested the reporter.
"Very much so, sir," was the reply and great
sympathy is felt for him individually and the
firm. The failure of Fisk & Hatch to-day Is un
derstand wae because they were unable to borrow
money, and as they required a very large amount
to pull them through, it was simply impossible to
obtain it and the only thing left them to do
was to suspend. It was almost impossible to get
money to-day on gold certificates let alone stocks.
Mr. Hatch had a large amount of Chesapeake &
Ohio and other stocks of recent appearance on
the market. I hope they will Boon be able to
resume. The street reports Jay Goulda busted
frequently, but somehow he generally bobs up
serenely, and I presume he will do so in this in
stance, but he has undoubtedly lost very heavily.
New York, May 15.—The Tribune of to-mor
row will say: " Hotchkiss, of the firm of Hotch
kiss & Burnham & Co. said yesterday they hoped
to resume to-day, although he could not say
positively that they would be able to do so, at so
early a date. That they would resume was only
a question of time. They were hard at work
straightening out their affaire, and had got suf
ficiently far to prove they conld pay every dol
lar they owed. Mr. Ilotchkiss added that
many of their customers had taken up their
stocks, or largely added to the margins, while
others were yet to be heard from. Previous
to Wednesday the firm had reduced
their indebtedness more than a million
dollars. The trouble was, they could not borrow
on certain securities,
The banking offices of O. M. Bogart & Co.
remained closed yesterday, with the exception
of a small opening through each of the doors.
Ex-Tax Commissioner Wheeler, assignee, began
his examination into the condition of the firm's
affairs, but late in the afternoon he was not able
to give any information as to the resources or
liabilitias. He said, "I have been busy looking
over the books, collecting the securities and col
latterals of customers deposited with the firm,
and locking them up in the safe. I have not yet
had time to begin an inventory, but I hope to be
able to give some definite information within
two or three days, Orlando M. Bogart, senior
member, was at the office throughout
the day. He greeted everybody with
much cheerfulness. It was learned that
O. M. Bogart & Co. held $100,000 in
trust funds of the estate of 11. L. Horton, who
died in Kalainazoo, Mich., about a year ago.
Kxaminer Scriba has discontinued his official
work at the Marine bank yesterday, and trans
ferred the bank's keys, etc., to the receiver, John
The settlement of balances at the Clearing
House between the Associated Banks was accom
plished without trouble. The Metropolitan bank
received an issue of about $2,000,000 in loan cer
tificates. The Second National bank applied for
5«00,000. The total amount issued by the five
banks was $4,000,000.
William A. Camp, manager of the Clearing
house, spoke encouragingly of the situation.
With regard to the particulars of the failure of
Fisk & Ilatch, he said: "I am cer
t'lin it can in no way affect the
b inks. This is the time for the banks to pursue a
liberal policy, and not hesitate to lend money on
good collaterals. The loan committee will meet
to-day for the purpose of scrutinizing securities
on which the further issue of loan credits may be
desired. The Second National bank opened its
doors and began to pay checks yesterday morn
ing, a short^ime before the usual hour, by Pres
ident Trowbridge's order, so that all apprehen
sion might be removed from the minds of the
halt dozen depositors who had come to draw out
their money. During the forenoon a rather
larger number of persons than usual filed up to
the paying teller's desk. By 11 o'clock the num
ber of those waiting their turn was twenty-one,
and shortly after noon it was reduced to five, and
the run was finally broken. During the day
■here were main- deposits, the total of these be
ing larger than that paid out.
untie information could be obtained regarding
the extent or direction of Mr. C. Eno's opera
tions. The names of half a dozen brokers were
mentioned as having done business with him,but
several denied this.
President Seney, of the Metropolitan bank, re
signed, it is understood, upon the advice of the
investigating committee of the clearing house,
apon the ground that his name was
onnected in the public mind with
speculator}' enterprises. The new president was
formerly the vice-president of the bank, but has
not been engaged in active business for several
years past, lie is wealthy, and has a high repu
The assignee of A. W. Diniick & Co., says,the
liabilities are large, but he expected the firm
would resume soon.
After 2 o'clock the feeling was general that
the day would pass without any further disas
ters, and when at 2:40 it was announced, that
the widely known and honored firm of Fisk &
Hatch was unable to meet its obligations, there
was great surprise and much sorrow. In less
than live minutes after the failure was made
known from the rostrum of the stock exchange,
!?assna street from Pine to Wall street, was filled
with an excited crowd. The space outside ot the
railed enclosure in the large office of the firm
was filled with brokers, brokers clerks, and mes
senger boys, many of them with checks on the
Srm. No esi anation ot the cause of the failure
was given. The firm had eupended payments,
was the only answer given to the avalanche of
questions—will it resume? was asked by a dozen
voices, but no one in the outer office was foudu
who was willing to answer the question. In
quiries from the members of the firm failed to
-produce any result. In a short time several de
tectives came in, and the rooms were slowly
cleared of the throng, the heavy iron doors were
closed, and the policeman placed on duty, at the
Xassua street entrance. Only those having
urgent business with the firm were afterward ad
mitted for more than an hour, Nassau street in
front of the hanking house was almost impas
sible. The general feeling on the streets was
one of profound sympathy with the firm. It
acted with marked liberality toward its creditors
in the years succeeding its failure in the panic
of 1873, and paid their obligations nearly or
quite in full, that it might have escaped paying
with oniy a small per centage of their face
Nelson Robinson, of Nelson Uobinson & Co.,
the Stmey brokers, stated that the condition of
the firm was the same as on Wednesday. The
ultimate arragements with the creditors would
depend largely on the future course of financial
affairs. .Robinson declined to discuss the rela
tions of the firm with the Metropolitan bank.
The affairs at the Pha-nix bank have dropped
back to their old time quietness. The amount
withdrawn by depositors yesterday was a triflle
over Slti,OOO, and about the same amount was
deposited. The deposits amount to $1,700,000.
Mr. Hatch, Jr., member of the linn and president
of the stock exchange, was seen by a Tribune re
porter, about ten minutes after the doors of the
banking house were closed. He looked much
worn and harassed. "I have nothing to say at
present," he said, in answer to an inquiry as to
the cause of the failure and the condition of the
firm. "I am so prostrated by the occurrence
that I can give no clear idea at present of our
condition. We shall prepare a statement as soon
as possible." Mr. Fisk only returned from Eu
rope a few days ago, he therefore knows com
paratively little of the details of the business
during the time he was away, nearly one year.
Fisk and Hatch handed the following notice to
the Associated Press representative:
"To our depositors and other creditors: It is
with great sorrow we are obliged to announce to
you our suspension, which has been brought
about by a combination of circumstances. The
long continued decline in the market price of
securities, even the very best, accompanied by
the general weakening of confidence in financial
matters, together with heavy drainage of de
posits, are the principal causes of our unfor
tunate position. We can only request those hav
ing claims against us, to extend to us such con
sideration and indulgence,as we may need, and it
may be in their power to grant. Very truly,
Fisk & Hatch.
The general opinion seemed to be that the fail
are of the firm was due in part to the fact it had
been for years a heavy investor in first-class rail
road bonds, paying high prices for them, and
their inability to realize on this class of securi
ties without heavy loss was one element of weak
ness. Several country banks had balances at
t'isk & Hatch's, and some of them it was under
stood had made heavy drafts on the firm, partly
ou account of timidity at the financial prospect,
and partly to satisfy the demands made on them
by their depositors. The attempts of Fisk &
Hatch to raise cash on their securities were made
futile by the peculiar condition of the money
market. The decline in price of government
bonds was a serious matter to them.
LAST NIGHT ELSEWHERE.
AT KANSAS CITY.
Kansas City, Mo. May 15.—Bank clearings
were S-)22,000 against §593,000 for the corres
ponding day last year, being a decrease of $71,
--000. This is regarded as a favorable showing
under the circumstances. All the banks settled
their balances without hesitation, abrivating the
necessity for adopting any special plan of settle
ment, and the situation appeared altogether re
assuring. The Citizens' National and Trader's
banks, paid out in full during the aftenroon,
though it is understood they were included in
the original agreement to pay twenty per cent,
cash, and use certified checks. The scene this
morning on Delaware street, where most of the
banks is located,was quite exciting. Large crowds
gathered about the doors of several
banks, though their numbers were made up. to a
great extent of mere curiosity Seekers. As the
day wore on confidence was restored, and by 12
o'clock even the latter had generally disappeared.
The feeling to-night among the business men is
that the crisis, which was threatened, has passed,
unless further failures in the east should bring
about fresh complications. -Gov. Glick, of Kan
sas, Secretary of State Smith and Treasurer
Uowe, passed through the city this evening p. n
route to New York. Their purpose is to effect
a settlement of the affairs of the state of Kansas
with Donnell, Lawsou & Simpson, and appoint
new financial agents.
The announcement of the suspension of Fisk
& Hatch came too late to visibly affect the busi
ness of the day. The only disturbance to-day
was in the direction of the banks. The con
dition of business generally is unusually healthy,
and financiers say the trade of the city was never
more prosperous than it has been the present
Portland, Oregon, May 15.—The suspended
bank of Donnell, Lawson & Simpson, New York,
were correspondents of the Portland Savings
bank; Fairweather & Brooke, of Sprague, W. T.;
the Bank of McMiDnville, Oregon, and the First
National bank of Union, Oregon. Theße
banks have placed sufficient funds with the
Inspectors' and Traders' National bank, New
York, to honor all drafts on the suspended bank
now in transit. The total amount is not large
enough to embarrass the banks.
AT SAN FRANCISCO.
San Francisco, May 15.—The suspension of
Fisk & Hatch, New York, created more surprise
than any yet announAd. This is chiefly due tq
the fact that the suspended firm were such heavy
dealers in the government bonds largely held on
this coast. Secondly, they were the fiscal agent«
of the Chesapeake' & Ohio railroad system, con
trolled by C. F. Huntington, first vice president
of the Central Pacific. The announcement was
immediately followed by rumors as to the effect
the suspension might have upon the railroad in
terests of the coast. Charles Crocker, president
of the Central Pacific, stated emphatically to a
representative of the Associated Press, it would
have none, that neither the Central nor Southern
Pacific were or could be involved with the sus
pended firm. The bank managers when inter
viewed, said: "We are interested but nnin
volved spectators of the Wall street troubles."
THE QUINCY BANK.
Quixcv, 111., May 15.—X0 statement can be
obtained at present, but the officers are confident
the depositors will be paid in full. It is stated
by the officials that the bank will probably no*
AT CKDAK RAPIDS.
Cedau KAriDs, May 15.—Charles Scaring pri
vate banker of La Porte, la., dosed his doors
this afternoon. He purports to have §8,000
locked up in the Metropolitan, New York His
capital is rated at $12,000, and deposits are'light,
lie will probably resume.
BnADFOKD, Pa., May 15.—The suspension of
the Luna Valley bank to-day was caused by a
run on First National and Bradford National
banks. At the Bradford National, the paying
paying teller's window was hardly visible from
the street. Two men paid the checks as
fast as presented. The people formed
a line and acted orderly. It is
estimated that S"5,000 was drawn before the
rush ceased. The Frst National paid out a large
amount. At noon $;;2,000 currency was re
ceived from Philadelphia. The sight of the
stacks of greenbacks and the bags of gold and
silver on the counters of the banks reassured the
people in a measure, and at 1 o'clock this after
noon the rush was practically over.
The officers of Luna Valley bank
Bay, there are no* preferences, and
depositors will be paid in full. The officers of
the band are are 0. S. Whitney, president, and
S. A. Wheeler, vice president. J. P. Thompson
has been appointed assignee. The Luna Valley
was the Brrdford correspondent of the Metro
ropolitan bank, New York, which suspended
yesterday. The officers of the bank decided.after
consultation, that the interests of the
customors would be subserved by suspension. It
hag just been ascertained that $60,000 of Brad
ford's special funds for the erection of the new
water works were deposited in the collapsed
Luna Valley bank. There were no failures in
either of the Bradford exchanges to day.with the
exception of Hilton & Waugh. Their difference
here was $20,310.25. and eleven thousand barrels
cash oil has sold under the rule to their account.
BAT AND BALL.
Minneapolis Wins, and St. Paul and
Stillwater Bob Up Serenely
in the Rear.
The followingis yesterday's record on th* dia
mond in all parts of the country:
Grand Rapids 2 0 0 2 10 18 0 9
St. Paul 0 2 0 0 0 0 10 o—3
Muskegons 1 3 0 0 10 10 o—6
Minneapolis 0 110 10 0 8 *-ll
At Terre Hante—Quincy 18, Terre Haute 2-.
At Fort Wayne—Fort Wayne 14, Peoria 3.
At Saginaw— Milwaukee 19, Saginaw 12.
At Muskegon—Minneapolis tl, Muskegon 6.
At Grand Rapids—Grand Rapids 0, .St. Paul 3.
At Bay City—Kay City 21, Stillwater 9.
At Columbus—Columbus 5, Cincinnati 3.
At New York —Metropolitan 8, Pittsbnig 0.
At Toledo—Louisville 11, Toledo 7.
At Washington—Washington 4, Athletic 3.
At Brooklyn—Brooklyn 7, Baltimore 4.
At Providence—Providence 7, Chicago 5.
At Boston—Boston 11, Detroit 9.-
At New York—New York 7, Cleveland 1.
At Philadelphia—Philadelphia 25, Buffalo 5.
At Chicago—Chicago 8, Washington 3.
At St. Louis—St. Louis 20, Baltimore 6.
At Altoona—Altoona 7, Keystone G.
At Boston—Boston 3, Cincinnati 2,
The bourse of True Love.
There was to bave been a wedding at the
municipal court yesterday morning and this
is why the desk of Clerk Fairchild blossom
ed with a nosegay of pansy blossoms and
blue forget-me-nots, and perhaps this may
have accounted also for the pleasant smile
that adorned the face of Judge Hall.
The wedding was to have been that of
Ham Won Hong, a good looking and ami
ab ] } disposed celestial, doing bu^ ass at
Sixui and St. Peter streets, and a gay de
ceiver named Ge'orgie Daly. The latter had
been in Ham's employ for quite a good while,
and she finally consented to niarrv him.
The wedding was set for yesterday, and
everything looked lovely and the goose was
suspended from the seventh story window.
The night before the wedding the seductive
Georgie tackled Ham for enough money to
ge;a new outfit, and he gave it to her.
On obtaining the money she wentawav and
up to last night she had not put in an ap
pearance. Tbe wedding was to have taken
place at 10:30 yesterday, but for the reasons
stated it did not come off. Meantime Ham
Wong is very much distressed and he is of
the opinion that the Caucasian female is
The Wisconsin Central.
James G. Flanders, the attorney of this
road says that the right of way for over
sixty of the one hundred miles has been se
cured, and that about 1,000 hands are scat
tered along the line, grading and getting
ready for the iron. The road will be running
into St. Paul by December. It is expected that
the right of way of over the forty miles not
now held will soon be secured, as condemna
tory proceedings have been entered on in
court at Chippewa Fails this week. The
distance is made up of breaks at various
points where the landowners have refused
the valuation made. The road will run
about three miles north of Stillwater, as it is
impossible to cross the river at this point on
account of the high bluil's each side of the
St. Croix river. The crossing will be effected
at Harmon's Landing.
Resignation of Col. John C, Spooner.
Col. John C. Spooner, one of the direct
ors, and the general solicitor of the Omaha
road, has resigned. The cause of the resig
nation is the commencement by the Omaha
company of an action in Xew York against
H. H. Porter, David Dows and R. P. Flower,
to recover §1,100,000 for alleged breach of
duty by those gentlemen for distributing
among the stockholders in IS~S certain
shares of the preferred stock of the Chicago,
St. Paul & Omaha road. Mr. Spooncr says
that for a number of years he was brought
into the closest personal and official relations
with the gentlemen named-, and that those
relations have been such that he would not
undertake any action against them. He
therefore tendered his resignation on the
Arrivals at Chicag-o.
[Special Telegram to the (Jlobe.T
Francis S. Hinkle and wife, of Minneapo.
lis, are at tbe Grand Pacific.
General Freight Agent J. H. inland, of
the Chicago, St. Paul & Omaha, is at the
Secretary Geo. 11. ITand, of Dakota, is a
guest at the Grand Pacific.
Northwesterners at the Grand Pacific: W.
H. Lightner and Cieo. B. Young, St. Paul';
Wm. D. Hodgson, Minneapolis; J. S.
O'Brien, Still water; Mrs. G. McCutchen,
Wittona, and Mrs. Morgan, Fargo.
W. H. Augell, private secretary to Gov.
Hubbard, accompanied by bis blushing bride,
arrived from the east to-day and is occupy
ing sumptuous apartments" at the Palmer.
C. Morrison, Minneapolis; Harris Frank
lin and J. H. Heckman, of Deaduood, are at
C. H. Cook and wife, Mindeapolis, and
G. R. Topalifl and wife, Jamestown, are
guests at the Tremont.
James G. Lyon, Fargo, and J. Q Loom
is, LaCrosse, are stopping at the Sherman.
A Woolen Mill Burned, a Number
Seriously Injured, and Many it
is Feared Were Burned.
Worcester, Mass., May 15. —The Papachoag
mill, owned by George Compton, and manuget?
by Joseph Sargent, Jr., running night and day,
wag burned to the ground. It was used for tUo
manufacture of woolen goods. The loss Is
§150,000; insurance. $112,000. Mary Sullivan,
Mrs. John Delmar, Sarah Atkinson, James Con
nor, Emma Lashon, Bridget Sheehtm,
Kate Flynn, Mary Atkinson, Sarah McMannus,
Lizzie McDermott, Kate Mcßaney, Mary Savage,
Annie Gray, Thomas Martin, R. J. Stanton, Mary
Kirby, Judge Hagar, and others, were injured by
leaping from the building. Several of the wound
ed are likely to die. It is feared that bodies
will be found in the ruins.