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Bock Island Daily Argus.
ROCK ISLAND, SATUtt DAY, OCTOBER 3, 1891.
Single Copies B Cents
Per Week 13 Cents.
The Standiford Bank Failure
KOTHING HEAED OF THE BANKRUPT
Mm U NO ROOM FOR IMPROVEMENT IN OUR MEN'S DEPARTMENT.
There is no Room for Iirct in Onr Boys' ai Children's Department.
Nobby Hats, Nobby Ties, No End
Point With Pride
To our immense line of Fall Overcoats.
To our immense line of Men's Dress Suits.
To our immense line of Men's Business Suits.
To our immense line of Boys' and Children's Clothing
THE LOWEST PRICES YET NAMED FOR EQUAL VALUES.
Never have better goods been shown.
Never have greater varieties beeii shown.
Never have prices been so low.
Every department full of new novelties.
Rich in quality , all the leading styles, plenty of them
Children's Double-Breasted Suits
Children's Nobby Kilt Suits
Children's Fine Overcoats
Relieved Now tit Have Out Away with
S.100,000 The Reports That Money
TV us Lost on the Board of Trade Dis
credited Friends and Others Mulcted
with Oreat Impartiality Reward Of
fered for the Capture of the Fugitives.
Chrismax, Ills., Oct 3. This little
town is still in a furor of excitement over
the absconding of the Standiford brothers,
bankers. Nothing else is talked about.
It is now thought the brot hers are ahead
all the way from f 150,000 to f3,000. The
county will offer a reward of $500 for the
arrest of the brothers, and to this the
losers by the bank failure will add a like
amount if they can scrape together that
sum from their depleted exchequers. This
will be for the arrest of the brothers. They
do not ask for arrest and conviction.
They will see to the latter if the hands of
the law can be laid upon the late bankers.
Were Sot at All Partinl.
The Standiford treated friend and foe
alike in their ileecing game. They spared
neither the rich or the poor, the old or
youn, and among the victims are the
rich farmer, hard-working tenant, school
teacher, servant girl, widow, and orphan.
It is a severe blow to Chri9man, and it
will be years before the town will recover
from it. In July last the west side of the
square was swept by a flro and the work
of rebuilding has been going on for sever
al weeks. The major part of the Insur
ance money in the burned property wts
placed in the Standifords' bank, and now
that it is gone the work on the buildings
will be stopped.
Very Much Minplaced Confidence.
The Standifords stood high in the com
munity and the greatest confidence was
placed in them and their business ability;
The sixteen years they have been engaged
in business here gave them an extensive
acquaintance with the prosperous farm
ers for miles around, and enabled them to
reap a harvest. The people here do not
believe the bankers lost anything by spec
ulation on the Chicago board of trade, but
think they hare left the country with not
less than $1"0,000, and possible twice that
Lost Xothiug on the Roard.
B. F. Waldruff says that he and Standi
ford had been dealing upon the board of
trade for about two years. Standiford
first came to him and suggested that
Waldruff allow him to use his name and
that he would do the trading and furnish
the money. Standiford did not want to
use his own name as it would hurt his
standing. Waldruff was not to lose a
cent but was to get half the profits. Ac
cording to the statements sent there by
the commission merchants at Chicago he
is confident that Standiford did not lose a
cent, but, on the contrary, he must be
from SIO.UUO to $15,000 ahead.
LOOKING FOR BANKER STANDIFORD.
Chicago Detectives Hunting for the
Chrism an. Ills., Financier.
Chicago, Oct. 3 The present address
of ex-Banker A. B. Standiford, of Chris
man, Ills, is what the detectives, the peo
ple of Cbrisman, Chicago board of trade
firms and many others all along the line
from St. Louis to Chicago would like to
know. It is claimed that Standiford and
bis brother, who together ran a private
bank at Cbrisman, have absconded after
losing $50,000 of their depositors' money
in grain speculation. It just a week
ago that the standifords disappeared.
The ftafe Frobab ly Empty.
While Chicago is being raked over to
find the Standifords, a special grand jury
at Chrisman is prying into the secrets of
the failure, and crack safe operators are
trying to get into the big vault, which is
feared to be empty. The Standifords have
a brother in the president of the Icterna
tlonal Press association, at 417 Dearborn
street, Chicago. It is claimed that the
bankers have about 35,000 stock in that
association. This fact brought an agent
of Bibo & Co., bankers at Parts. Ills..
here to attempt to save a portion of the
128,000 of which they were bled by the
Seems a Real "Skin Game."
The board of trade houses with whom
the defunct bankers did business inclnde
Logan & Co, Lamson Bros., Hibbard &
Co., Schwartz-McCormick. and possibly
others. These different firms tired of
their methods because they forwarded or
ders for alleged depositors without send
ing on the cash for margins. They did
not catch anybody napping at this end of
the line, but the howl from depositors at
unnsman, i ana and elsewhere grows
louder each day as it appears more evi
dent that the bankers were in a real skin
Died by Accident or Suicide.
RED WttiG, Mian.,Oct. a Thursday aft
ernoon William Eissnbrand, a wealthy
retired merchant, one of the well-known
men of Goodhue county, went out hunt
ing. Yesterday morning his body was
discovered about a mile from the city.
His hat was found on a branch of a tree
near by, and his gun by his side. The
lower portion of his fece was horribly
mangled, the charge having evidently en
tered tils mouth. It is impossible to say
whether it was au accident or not.
Big Democ rating Meeting arranged.
NEW Yore. Oct. 8. The special com
mittee of the Business Men's Democratic
association, appointed to arrange for
grand business men's mass meeting, met
Thursday night and fixed upon Oct. 27 as
tne date of the meeting, and Madison
square as the place. Ex-President Cleve
land and Governor Hill wi 11 both be pres
ent and will address the meeting, and
John U. Carlisle and senator Gorman
will also be among the speakers.
Seed a Politician foe Mender.
Jamestown, K Y., Oct. 8. Commodore
P. Tedder has begun action for slander
against Hon. W. L. Sessions. Mr. Sessions
charged that Mr. Vedder had procured
his last three nominations for senator
from this district by bribery.
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