Newspaper Page Text
IsiiANB Daily Abgu,
OL. XLI KO. 142
ROCK ISLAND. SATURDAY, APRIL 1. 1893.
J Slnft-le Copies IO
1 Far Wik IS Oast
We will show you this season more New
Goods than all the other Clothing houses
combined. Its a pleasure to trade with the
London for you have the stock to select
i he Furniture establishment of
is replete with all the novelties of the season,-purchased
for cash from the best
known makers in Grand Rapids. They can
not only save you money, but give you new
and choice designs in Parlor and Chamber
Furniture, sideboards, tables, chairs and
lounges. Thanking you for your patronage
they solicit an early call.
1525 antl 1527
The Fashionable Fabric3 for Spring and Summer have
J. B. ZIMMER,
'all and leave your order.
i a.k Block Opposite Haeper House:
124 126 and 128
T 1C03 Second Avenue.
o m 3
g 1 a
W. TREFZ & CO.
2011 Fourth Avenue,
iIirKenfeldV Old Stand.
Jo tin Volk Sc Co.
. HOTJSE. BUILDERS.
Sub Doors' Blinds. ;Siding, Flooring,
at! til kinds of wo3d?worc for trulldere
BUnieentn ot. Oeu Third ul Foarta aves.
Figures on Failures for the Past
COMPARISON WITH OTHER TEARS.
Fewer Than Since 1883 Witn the Kxeep-
tlon of One Year Asset Make a Good
Showing and Give an Increase of 11
Per Cent Where the Disasters Were
Host Felt New England and the Middle
State the Heaviest Sufferers The Rec
ord for Canada.
NEW York, April 1. Business failures
throughout the United States during the
past three months, as reported to Brad-
street's, number 3,00!', a smaller total with
one exception than has been similarly re
ported for eleven years. In 18KJ 2.146 busi
ness failures were reported to Bradstreet's
during the first three months of the calen
dar year, and in the first quarter of 18S8
the total was 3,053, but in like quarters in
other years since 18S2 the aggregate num
ber ot business failures has exceeded the
total for the first quarter of 1HW. Last
year there were 3,307 failures during Jan-
uary, February an I March, and in the cor- 1
responding period of 1891 the total was '
Good Showing as to Assets.
The total liabilities of individuals, firms
and corporations failing during the past
quarter aggregate $39,424,858, as compared
with &5,861,749, an increase of $3,520,00(i,
about J per cent., while the falling off in
number of failures thus
far this year as
compared with last is a trifle over 4 per f terday and without preliminary debate the
cent. Total assets of failing traders for j resolution pending from Thursday provid
tbree months this year amount to $30,150.- . ing lne drawing up cf articles of im
0S3, an increase of about 11 per cent., show- j jm a4raint the board of public
i I! . v. " Js AVI j "LT. " .1 1
assets than indebtedness and pointing to
some failures having been precipitated
luruuuu emuarrassmeub ui utiiera. .
The Situation as to Sections. j
The falling off in the number of fail-
ures during the last quarter
with three months in 1893, is conspicuous
In the middle and southern states, al-,
though there was a slight increase in the
New England states. In the west, north- j
west, on the Pacific coast and in the ter
ritories there were moderate gains in the (
number of failures. The improvement as
to the number in the middle states is large
ly due to the falling off at New York city,
where there were eighty -six fewer failures
than in the first quarter of 1802, account
ing forone-balf the decrease in the num
ber reported from the four middle states.
New England Suffered the Most.
While the New England and Middle
states showed an improvement with re
snect to number of failures, they furnish
ed increased liabilities, which accounts for ,
the total net gain in liabilities of about $3,- i
50fll,or 9 per cent. There was a trifling in- j
crease in liabilities in southern states and a
small increase on the I'acific coast, bnt '
these were more than offset by reduced
totals in western states, in the northwestern
states and in t he territories.
CAUSED BY ONLY TWO FAILURES.
The Total Increase of Liabilities IU-ported
Figures from the Dominion.
No better illustration may be given of
the comparatively favorable nature of this
quarter's report of business failures as
compared with ISC than that one failure
in New Kngland and one in Pennsylvania
in different lines will account for the total
net increase of liabilities this year, as com
pared with last. With these two failures
excluded, notwithstanding the embarrass
ment of several widely separated banks
mill nn increase of tlo per tent, in liabilities.
rvf tin. IS ner cent, fewer traders failing at
New York, citv, the grand total of liabili- j
ties would have lieeu smaller for the first
Lies wiiu m it' i .-.iikiiil. - . . . i- .1 1 .l
quarter of this ytvir than ill a like portion,
CanHcla Makes a Itetter Showing.
There were 33 fewer failures in the Do
minion of Canada during the past three -months
than in the like jieriod in the '
total being tt'Ht this, against ;.VJ last year.
Aggregate liabilities have fallen off a
trifle, amounting to t'4,TSS,000, or 4 per
cent, less than they were last year, while
the decrease in number of failures is 6, per
cent. Total assets aggregate $3,407,105, or
10 per ce.nL more than in the like quarter
last year, showing a relatively greater de
gree of solvency this year.
Ontario Was the Weak Spot.
There were five fewer failures in the
.n.Mnn nf flntnrin thia T-.a y Jiiif. f Ins
liabilities there are i9 p4r cent, larcer than '
j - -
fewer failures with only about 50 per cent,
a year ago. In yuebec. there arj fifteen J
of the liabilities reported last year, Nova '
Scotia also returns fewer failures with a
marked reduction of liabilities, whileMani
toba reports only one failure more than
last year, with a slight increase in aggregate
indebtedness and the northwest territories
one more than last year with a dispro
portionately large increase in liabilities.
British Columbia reports a noteworthy re
duction in number of failures, but an in
crease in total debts.
Was There When the "Gall" Was Divided.
Lansing, Mich., April 1. The cheekiest
boy in Michigan is now under guard at the
reform school here. In June, 1S91. be es
caped from the school. On Tuesday the
sheriff at Alma had him, but he escaped,
robbed a store that night and got away.
Thursday Superintendent Wood, of the
school, sent an usher through the building
with a couple of young gentlemen who de
sired to see it. An old-timer recognized in
one of them William A. Jackson, the hero
of Alma robbery, and he was nabbed.
A Scheme of the Hanks.
DETROIT, April 1. There has started
among the national banks of Detroit a
scheme to escape taxation which it seems
likely may spread all over the country.
Every national bank of Detroit is in it.
Last year the Preston National bank paid
taxes on $1,000,OC capital stock. This
year it has invested all of its capital in
United States bonds, which are not taxable.
This is the result of the mayor's "fight on
Beeord of Bank Cleavings.
New Yokk, April 1. The total bank
clearings for the past week were $1,050,868,--530,
an increase over the previous week of
TELLS A DIFFERENT STORY.
Aboot that Little Row Twist France aadk
New York, April l. The story brought
from San Domingo Thursday by passen
gers on the steamer Saginaw to the effect
that the president of San Domingo bad
broken into the safe of the French bank is
not generally credited here. Among those
who disbelieve the story is F. L. Vasquez,
the San Domingo consul general. Mr.
Vaaques explained that an internal mis
understanding had occurred between his
government and France oyer the settle
ment of a supreme court decision in favor
of the president, in his personal capacity,
who had sued the French bank in San
Doiuingo City for 162,000.
Bank Officials in Contemn..
The bank officials decline! to obey the
orders of the supreme court, and upon its
threat to enforce its decree appealed to the
French consul, who protested and called
for the support of a man-of-war then in
port. This was the situation of affairs ten
days ago. The consul general's mail by
the Saginaw Thursday contained the gov
ernment's reply to this protest of the
French consul. It was in effect that the
government of San Domingo could not in
terfere with judicial decrees of the supreme
I court, unless a refusal so to do would pre-
receded from this position it would only be
cipiuu a cuuuici, auu u fcue guvemtueub
under strong protest. M. asquez's com-
i in uinbiviu, iiiu wna uuiy r
! stated lurtner that the matter was
bruU to He the Jo
0f the legislature met in joint session ves-
lands and buildings was taken up and
passed with but four dissenting votes. A
committee of five, comprising Senators
North and Lowley and Representatives
Van Housen, Barry and Col ton, was ap-
pointed to prosecute the board before the
supreme court. The general impression
seems to be, now that articles of impeach
ment have been prepared, that it will neces
sitate the app.nntnient of three new Offi
cers. Accustd Not Afraid of the Issue.
The men accused of rascality asked their
friends in the legislature to withdraw op
position to t!-e impeachment, as they say
they only want a fair trial to prove all the
INJURED A LARGE NUMBER.
Railway Wreck at Leadvitle
Many are Hurt.
j I.EADVILLE, April 1. By the spreading
of rails the TUo Grande passenger train
east-bound was badly wrecked in this city
last night and a large number of passen
gers, injured though none fatally. The in
jured so far as reported are: T. N. Nye,
New York, shoulder broken; J. T.
Cahill. Los Angeles, thigh broken;
C. H. N ailing, t-heppard, Mich,
leg broken. The following were variously
cut and bruised: Mrs. 1. E. Haywood,
Sacramento, Cat.; Mrs. J. B. Wilson, Aus-
. tralia; .1. B. Daltou; Annie Lynch. New
! iork; Mrs. it. Martin, Denver; J. E. Hey
'. worth, St. Cloud. Minn.; Mrs. F. Satler,
San Francisco; Mrs. T. A. Guthrie; H. I.
Higgins, Ieadville; Mrs. G. Wilson, Chi
cago; Mr. E. T. Perry, St. Louis; the Pike
family, of Chicago; J. It. Wallace, Mercer,
Xa. A majority ot tne passengers were
members' of Phillips' excursion party
bouud from California for Chicago and
. MARYLAND TOWN WIPED OUT.
rire Lays Waste SOO
ouses Several Per
sons liudly Ilnrned.
Wilmington, 1X1., April 1. The chief
. - - , - ., - -1 - - -
j of tltc fire department of tlu
terday received worn that tn
;s city yes-
e town of
Galena, about 800 inhabitants, near Chesr
tertown, Md., was on fire and requesting
assistance. A later dispatch was received
saying the town had been wined out
About 2W houses were totally destroyed
and several persons severely burned whjle
fighting the tire. ."Co live; were lost. The
houses, which were fmme, were neat and sub
stantial and built close together. The town
contained several shops operated by W. A.
Hyland, a manufacturer of agricultural
implements, and had a large school house.
I The largest retail store in Kent county is
located at Galena and is owned by Thomas
I Horsey. . fJJ
AfATiTilV 4rril 1 Thp RpnntA faTinil
, . , i "
that the anti-Pinkerton bill wasn't "anti"
enough and has recalled it for future "de
liberation. The bill to investigate the
Australian land transfer system was sent
to third reading. The house adopted a
joint resolution fixing April 20 as the day
for final adjournment. A bill was passed
for a commission to locate Wisconsin
troops at Ciickamauga. Labor day was
made a legal holiday. The governor has
appointed General E. E. Bryant, of Madi
son, state fish commissioner. The senate
amended the antk-Pinkerton bill so as to
prohibit a man from protecting his own
property with his own employes. Spens
ley called it i. "bill to promote lawlessness
and anarchy," but it passed, 21 to 5. .
The Editor Was the Quickest.
Montgomery, Ala., April 1. News has
reached here from Wetumpkaof the shoot
ing and fatal wounding of S. L. Jenkins, a
convict guard at that place, by Tyler Good
wyn, editor of The Wetumpka Reform Ad
vocate. Editor Goodwyn published a card
reflecting upon Jenkins and the latter
went to Goodwyn for a retraction. Good
wyn refused to retract, and both men
pulled pistols and exchanged shots. Jenk
ins was struck by a bullet in the abdomen
and will die. Goodwyn accidentally shot
and killed the sheriff of Elmore county
several months ago.
Depends I'pon a Postmaster.
TAKLEQCin, I. T., April 1. The bill for
the ratification of the amended treaty for
the opening of the Cherokee strip was in
troduced in be national council yesterday.
The bill meets with general favor and will
undoubtedly pass if the appointment of
Watts as postmaster at Maldrow is with
drawn. UnL ss that is done there, will be
no sale of the strip,.
Su. Mo. Tu. We. Th. Fr. Sa.
JL A A JL Z JL
9 10 11 12 18 14 15
16 1718 JL9 J20 21 22
23 24 25 26 27 28 29
The Vanderbilt system proposes to run a
fast "World's fair fiyer," to make the trip
between New York and Chicago in nine
teen hours, five hours less than the time of
the fastest train now running between
those cities, at $5 more for the trip.
Henry Schoenfeld, of Chicago, has been
awarded the national conservatory prize
for the best symphony.
Chicago and Boston capitalists have
formed a company to erect a $3,000,000
abattoir at Fort Worth, Tex.
Obituary: At Hinsdale, Bis., W. H. Hol-
comb, Sr., aged 96. At Montexuma, Ga ,
Rev. Dr. Henry Carr Hornendy. At Mount
Vernon, Ills., W. V. Satterfield, circuit
clerk of Jefferson county. At Denver, Wil
liam Patrick, aged 80.
Robert Warring, cashier of the MokasSa
Manufacturing company of St. Joseph,
Mo., is mysteriously missing.- He arrived
in Chicago about the middle of March and
since then all trace of him has been lost.
Three quarrymen near -tna station.
Pa., went to see what was the matter wtyb
a blast that didn't gooff. Two of them
are dead now and the other badly hurt.
Thomas G. Allen, of Ferguson, Ma, and -W.
L. Sachtleben. of Alton, I1L, have just
arrived at St- Louis from a tour around
the world on bicycles. They were given a
A certificate of incorporation of the
American Stave and Cooperage company,
whose capital stock is $4,000,000 baabeen
filled in the office of the secretary of stite
of New Jersey. .
It has been discovered that the steamer
Haytien Republic has smuggled at least
ten tons of opium Into the country within
Ernst Benson, '.the "Jubilee, Planaer,
the man who gained a world-wide reputa
tion by spending 250,000 in a. single year,
is soon to appear on the stage. . ?
American students m Bolivia were at
tacked while conducting a Masonic f tfneral
by a mob urged on by priests. The instru
ments were smashed by the infuriated
The fire-story buildings, 129 to 137 North
Front street, Philadelphia, owned and oc
cupied by the Weikel & Smith Spice Com
pany, were partially destroyed by fire.
Loss, $75,000; covered by insurance.
Mrs. Mackenzie, widow of the late An
drew Mackenzie, ex-premier of Canada, is
Miss May L. Hammond last week com
pleted the thirtieth year of her continuous
service as a teacher, and the whole thirty
years' service was in one room of one build
ing, in Nashua, N. II.
G. M. II el ilt has just entered as a student
iu the agricultural department of the Lrni
versity of Georgia. This venerable fresh
man is C3 years old.
The mikado, desirous of improving thq
physique of the Japanese, has recommend
ed to them a meat diet, instead of the fish,
and rice monotony on which they are be
lieved to have deteriorated.
Allt-getl LulsvMte t-orger Arrested.
Louisville. April I. A. IL Sutton, of
the wholesaie whisky brokerage firm of A,
R. Sutton & Co., and who has been sus
pected of the recently exposed whisky for
gery cf warehouse receipts amounting to
$3:!5,Ov3, was arrested last night and placed
Iiit- liocnl JlsrHet
llay Timothv. Sl-2.00; upl md, J I0!1 ; elcucb
$9.00; haU-ci. 11.00.
Batter Fair to choice, SOWKt ; creamery, 2CC
Esc Fre.h. l iaiS-
I'oQltrv Chicken. l2:-ic; tnrkeja lSJt
dncki. 12Hc; geese, 10c.
rSriT AND VEGSTABLEe. t
Apple $ 00 perbbl." '
Fotatoc K93c. k
Onions t ' o Pr bbl.
Cattle Bntcbers Day for corn fed mi
444c: cows and Dcifet. SJaSUc eaWaa
IS ON TOP
Costs less than Half
and pleases much better
than the over-priced and
over- endorsed" kind:
J u d g e f o r y o u rself.
In Cans. At your Grocer's