Newspaper Page Text
TilK AK-US, TIlUliSMY, JULY 20, 18i)i3.
Highest of all in Leavening Power.
That There Are But Few Bi
Left to Suspend,
AND TEEY AEE ABOVE SUSPICION.
Fonr or Five More Clone Tlieir Doom, but
IimiHt That They nn I'ay Kvrry Iol!nr
If Not Snlijec-teil to Absurd linns Some
More Tradi'MiuMi (nllhlc With Kmpty
Kxrheiier A Sort of Cy.-lmie or I.iqul
dntioli Kii(;ini; Out Wrsl.
DKNVKK, July 2 :. The timorous feeling
imong leno. itors in the Denver hanks,
which has resulted in the closing of a num
ber of these institutions this week, seen. s
at hist to have reached its limit and the
people are now stopping to think, with the
result that mure money is heint; deposited
than is lieinK withdrawn. Durins the day
talk on the streets wa:- much more con
servative and rational. During the after
noon the five national hanks that are sail
open for business showed no signs of any
unusual excitement nniouj t heir pat rons.
Indeed, their banking houses vire quieter
than 'on many day clurinc ordinary times,
and everybody seems to feel that the e:::l
of the wholly uujustiiiable excitement has
Three More Hank Suspensions.
The Uerman, People's and State Na
tional banks suspemhsl payment and
closed their doors in the moriiini;. The
German and Mate banks did not open at
all, posting notices just before 10 o'chnk
announcing the suspension. The People's
hank was open for half an hour, but whin
the closing of the tv; other institutions
became known the directors thought it
best to close without further delay. De
positors in the German bank gathered in
line early in the morning and the crowd
itrew so formidable before 10 o'clock that
the ofiiciuls saw that it would be useless to
attempt to inert a!i demands. A smuIU-r
crowd gathered at the M .;r with t he sane.'
result. The b.-tiik posted a notice dccl-ir
Ingtnat it was perlectly solvent, but una
ble to j,- jviile funds to meet the extraor
Working Tropic Were Waititi.
Those who were wait'ngto withdraw
their money from the iicrman National
were the smaller depositors, mostly work
ingmcn and women who had deposited
their entire savings in tne lunik and were
naturally excited. The absence of business
men from the line was a noticeable feature.
Borne of those who were there had arrived
as early as ti o'clock, and from that hour
on to the twin of opening the line contin
ued to lengthen. When-the notice was
posted announcing the suspension there
was a general stampede for the doors, nli
being anxious to read the announcement,
tut there was no show of hostile demon
Btration on the part of the assembled de
positors, and the police ofiicers who had
been posted there to keep order had little
trouble in disposing of the crowd. Despite
the naturally tryi ig condition of things
the people were remarkably cool, and aside
from one or two women who broke into
tears when they learned that the bank
would not open there was little display of
SceniHto He I'retty Well Heeled.
The Peoples' bank posted n notice to the
effect that it was closed, but had net as
sets of Sl.ino.not-nnil liabilities of :ili),0o0.At
11 a.m. a run which Was started on the First
National bank was completely broken and
quiet was restored. The run was caused
principally by those who were near nt
hand when notices declaring the sus
pension of the fierman and State National
were posted. These people at once became
panic-stricken, though' the remarkably
strong condition of the First National is a
matter of common knowledge. Around
the Denver National, Colorado National.
American National and City National
banks all was quiet. There were very feu
calls for money and a few those who Ii.mI
withdrawn from the suspended batiks
doubtless repenting their hasty and wholly
unjustifiable, actions in aiding in closing
the suspended concerns, were depositing in
the banks that yet remained r.'iieii.
BANK OFFICERS WERE HOPEFUL.
All the Closed Concerns Confident of l';iv
ing Their Iell.
Among the ollicers of tin-banks which
were open for business l he expre-.-ien was
unanimous t hat the Hurry was nr, an end
and that the people wokild now see tie
folly of their actions in forcing a suspen
sion of the banking institutions by all
withdrawing their deposits at once i:ni
taking from circulation ail the money that
would ordinarily How thr.uigh the regu
lar channels and help in su-taining the
business public and t he banks, 'l'l.e us
pended banks all had much mo.-e than
enough money to he considered a perfect K
safe guaranty in ordinary circumstances,
anil with business nt its no-ma 1 condition
would have laughed nt the idea of a run.
Cashier Charles M. Clinton, of the Ger
man National, stated that during the past
three months over 1,(N0,iiiii in deposits
had leen withdrawn and the continual
drain together with the run Tuesday iiad
placed the bank in such n condition that
n temporary suspension was an absolute
necessity, and that Frank Adams, bank
examiner for the district, had taken
charge. Every dollar in deposit s would
be paid in tiriie. Bank Examiner Adams
snid ho lelieved id: the banks would re
sume in a short time, and every officer of
these banks is confident of reopening.
They all claim and the claim seems cor
rect abundant good assets.
A tour of the banks just before their
closing hour showed that nil excitement
had died away, and there was not the leas 4
semblance of a "run." The officers of al!
the banks stated '.hat they were taking in
more money than they were paying out.
The morning train from Omaha brought.
In 50,000 in cash for the Denver National.
Another bank received two iron safes full
of money from the east by express.
Fred II. llanchett, the Capitol bank, and
ptephens, Ilanchett & Co., of Curtis street.
Latest U. S. Gov't Report:
I nave aftKigneu. me tmiiik was ownea Dy
Stephens. Ilauchett & Co., and had about
I SWi iU'jio.-itra, who h ive small claims.
THE EPIDEMIC NOT OVER.
A Lot of Mercantile Conrcrua Find the
Pressure Too Ilenvj-.
The North Denver bank, as closed its
i doors. There, was no great run, hut the
bank had been unable to rinliue upon its
securities and was short of funds. The
depositors l;ae been assured that they
will be paid 101 cents on the dollar.
The Tucker Miirt and Furnishing com
pany, doing business on Sixteenth street
hits assigned. The assets are placed at
(XJ and the liabilities at about .l.'i,iMi.
The Flanders dry goods house, one of
the largest in the city, has made an as
signment. No schedule of assets and lia
bilities has been made.
The Palhu k-Sayre-Newton Lumber
company has assigned. No schedule
K'.vcii. F. II. S tyre, the assignee, said the
assignment wi.s the direct result of the
closing of the State National bank an 1
was necessary simply to gain time during
the present exi itemi nt. The Blake Lum
ber company assigned to Emmet 15. Annis.
No schedule filed.
The Palace d: ug store, cy'tier Sixteenth
nml Curtis s: reels, made f.i assignment.
J. II. Naylor, . furniture dealer, also as
signed. An assignment was also made
by the IVipICs (.;, I c;:i;nany to John 'J
O'Neill. No schedule.
Other assignments with no schedules
were: Cuhlhammer & Weiss, saloon and
restaurent keepers; August Wehrle,
jeweler; the Harrison Hannahs millinery
store; DeManire - Co.. dealers in gcnll.
nien's furnirldi.g goods; Silas P.. Jacobs,
gentlemen's fur ushing goods.
IN COLOFADO AND KANSAS.
State nnd Nationul Hanks Forced to Sim-
Gi;i:f.i.i v, Co o., July i). The t'nioii
bank chise l its ( ours. and a half hour later
the Greeley Ni tiotial pulled down ;s
blinds. The Fnioii statement is to the ef
fect that owinn to the suspension of cer
tain Denver national bunks which had on
deposit several thousend dollars of its
money, and the fact of a steady with
drawal of depos ts about &SO,mo the pat
ninety days they were compelled to sus
pend business. They say their liabilities
ure about .?li:, (KH, with assets and paid-in
capital at StOO.OOo. As scon as the fact of
the suspension of these banks became
known a steady run was made on the
First National, nit it continued to honor
all checks and drafts, and Jeven after ti e
closing hour casl ed two checks presented.
Comfort fn Kaunas City Hanks.
Kansas City, July iW. Kansas City de
positors have dripped the ride uf bank
wreckers and assumed that of benefac
tors. Pttitions are hi circulot ion asking
officers of suspended banks to reopen their
doors and pledging support. Expressions
of confidence and a wish that thev reopen
have been tendered the National Bank of
Kansas and the Missouri National, the
Kansas City Sa'e Deposit and Savings
bank and the Bat k of Grand Avenue.
Kxcitel.imt ut Aspen.
AspEX, Colo., July at. The Wh.eler
Banking company, the pioneer bank of the
city, has closed it ; doors. A statement of
its affairs cu mot be learned at present. A
notice on the door reads: '"This bank has
closed and is in the hands of Benjamin
Ferris." A r.in was started on the First
National and the greatest excitement pre
vailed. One thousand people were iu line
drawing their densirs.
Owing to ti e lenver Trouble.
Lovelasi). Cob .. July tt'i. The follow
ing notice is poste 1 upon the door of the
Bank of I.oveiand: "Owing to the closing
of our DenvP cor-espoudents we have de
rided f ;i close our loors temporarily. Our
as-e-ts , are largely in excess of our lialiili
ti 's. Every dejositor will be paid in
Itank Closed In Hutchinson.
IlfTClllNsoN. Kas., July -.''). The Hutch
inson Nat ional batik did not open its doors.
i out posted a noti-e of suspension. Tie
! assets are -f"l."l.DH'l and liabilities .::i.if:j.
! The bank is in g ;d condit ion and under
'ordinary pressu-e would not have experi
enced any diil'ieti'i v.
Two State 2',,'iuks Stint l'j.
Toi-r.KA. Kas., July '.;). Information
ha, been received at the olliee of the state
bank commissior-.e of the failure of the
State Bank of P.-.rl.er. Lincoln countv,
and oft lie Woodson State bank of Vat -i
Center, Woodson i.-iut.ty. Both are sniai!
iMitrujio !y the t'ueiiipioyeit.
IlKI.IINA, Mont., July !. Ke ports of
outrages by unem iloycd miners at Phil
ipsburg and Butte s ill continue to be re
ceived. Joscjih S Jay, a.i employe of the
Elect r;c Light con pany, while on his way
homo in broad da light was stopj.e 1 by
three i..en. bvai'Mi tntil iie was :nsensibl-
and 's::."i taken friii i him. At Butte .Mrs
John OrriiiLton was called on by three
ruliians about :i o'clock. They forced
their way into the house, threw her to the
Hour and o.ie of the men held her and
kept t;:bi,ing her .n t he late wit h a knife
whenever she cried. The other nteu loot
ed the house, obtaining cObV
A Columbian lill Dollar Comes Hack.
Washington', July :.'o. - since their issue
last year not one i f the Columbian haif
dollars had found i's v. uy back to the
treasury department until Monday, when
one was received in a package of money
sent for redemption by an Atlanta bank.
Fund for the Victoria Suflerer.
London, July ":). The lord mayor's fund
for the relief of the families ho lost
mcmiiers in the Victoria disaster has been
cloil to contributors, a total of ilo0,Uu0
hav j;y been reached.
Never leave the lit ht burning during the
evening when the room is unoccupied. This
is not only n, waste hut the air becomes
vitiated and is considered utihealthful.
COLD WAVE ON TAP
'Old Probs" May Go Out of
WEATHER SUPPLIED TO A DEGREE.
A South Dakota Company Which Has
Contract A ith the niikzard Dorcas to
Come From Ills Lair and Waft Cool
Zephyrs Over the I leitis I'arrlied by
Torrid Wind County liightit for Sale.
Ar.KHDKEX, S. D., July 20. The Inter
national Cold Wave company with a capi
tal of efi.fUHI.dOO and a surplus one-third
that sum has lieen organized by local
capitalists and enthusiasts who expect to
make untold wealth in the next few years
to come The companv has fscovereil a
secret the potency of wich if ap
plied at the right time and under favor
able conditions will vitiate and destroy the
hot winds which arise in Kansas and nt
times have been known to sweep this
country, burning and killing the growing
Will Coax Itorens from His Lair.
This secret will be placed on sale and re
vealed to residents of townships, counties,
and other political divisions wjio put up
the money. When thj wind Is blowing hot
and strong from the south the company
will undertake to bring a counter wind
from the ice fields of the frozen north.
Jttt what process has been evolved or to
whom the marvelous discovery is to be at
tributed are not matters for publicity.
AN ILL-FATED EXCURSION.
Six Sunday School CMlilrcn and a Woman
Bi I'FAl.o, July 20. The wreck of a Sun
day School excursion train reported in
these dispatches was a serious as well as
remarkable one remarkable not only for
the fact that the train was piled into a
turn table pit. hut that the disaster was
not a great deal more serious, for the child
ren were nil mixed up with the splintered
cars and two locomotives and only seven
seriously injured, the others hurt fifteen
or twenty in number-suffering such hurts
as siwained ankles and other slight in
juries. All honor is due to Bob Hanson, flag
man of the excursion train. With a broken
arm and a bruised side he remembered that
another train was behind, and went back
and Hugged it. He then fainted. Jack
Norris, fireman, has a fractured skull, and
the children badly hurt are: Harry Saner,
both legs broken; ArthurSauei, leg broken
and serious bruises and cuts; Fannie Whit
mer. cut about feet and legs and bruised;
Willie Whitmer, her 10-year-old brother,
legs badly crushed and severe cuts about
head; (ieorge Ferguson, cut on face and
seriously bruised internally; NellieStessel,
leg cut and head crushed; Mrs. Robert
Hood, legs badly injured and cut about
HE DIDN'T WANT GOLD.
A Wall Street Man Who Shied nt the Tel
Ni:w V..r:!. July -JO. A. J. Weil sold on
the floor of the exchange i.10,000 United
States bonds to Harvey Fisk & Sons, pay
able in cur eiicy, bat refused at first to
deliver them because go'.u was tendered.
Regarding the transaction Harvey Fisk
& Sons said: "After the close of thp gov
emmeiit bond call A. J. Weil offered f5o,-
000 government 4's at 110;;, or V per cent,
below the hid price, payable in current y.
1 came to the conclusion that this offer
was for the effect on the market and I
purchased the bonds and tendered in pay
ment so and ? 10 gold pieces.
'Well. Weil refused to accept the gold
coin, and said it was not currency. 1 in
formed We' I that it was the lifst currenrv
in circulation in the United States nnd
that if he refused to deliver the bonds be
fore 2:1a p. m. tot'.ay I would buy him in
under the rule. A short while ago Weil
called at my ollice in a cab, delivered tho
bonds and departed with the gold."
A White Man This Time.
RicHMosii, July 2a A Times special
from Coeburn, Wise count-, Va., says that
A. M. Rogers, a drummer representing
Messrs. Henderson & Co., boot and shoe
merchants, of Chicago, was lienten unmer
cifully by a mob of twenty-five citizens a
few daw ago for an alleged assault upon
the 11-year-old daughter of Depot Agent
Utter at that pkf e. Several of the mob
have been arrested and jailed. The father
of the girl applied the lash, while the oth
ers looked on.
Prof. lii iggs' r,un!l Ciiiu'.eliim-il.
Cincinnati, July no. Advance copies
of Professor Charles A. Bt iggs' new book
entitled. "The Defensa of Professor Lriggs
Before t lie (leneral Assembly," have just,
been received in Cinc'nnati and are cre
ating a seusat inn. Sa'e! Lev. F. C. .Mont
ford, of The Herald am! Presbyter: -'This
new book by Briggs is a deliberate in ailt,
to the general assemblj and t he Presbyte
rian church The hook condemns itself."
Wharton !?:v.-!.e!- i-or silvi r.
Washington. July '. -The bimetallic
league is in pi ssvs-h::: ., a letter written
by Wharton Barker, a i'hi! uie'phi.i bunk
er, under date of J:;!; 1 to President
Cleveland, in which in- jjviv- his reasons
for believing that the present is the tin-. -to
adopt a bimetallic stand 'ni in this
country if the 1'nited States wotiid attain
the commercial supremacy of the world
Iroppeil nnd Suspended Pensioner a.
Washington, Juij 20 Lunrry at the
pension of.ice elicits the information that
the total number of pensioners dropped
from the rolls since Match 4, l"-!):!. was 21.-1,
nnd that the total nuinl.er of pensioners
suspended from the rolls since March 4,
pending a further inves ti-uition of their
cases, was 5,;.U.
The liaily Lynching Item.
MKMl'llts, July 20. Two or three mobs
are hunting a negro who attempted to out
rage a white woman near here. Wheu he
is found he will be lynched. One of the
mobs ordered a negro to. halt, nnd he, nat
urally apprehensive, started to run. He
was lired on nnd mortally wounded.
Tin Nurtli and South liuilway.
Sr, Pall, July 20. A government sur
veying party witf leave Jamestown, N. D.,
soon on a preliminary survey of a railroad
route to the Gulf of Mexico. United
States Engineer George Hawkins will have
chagge of the party, which will consist of
Illinois Central Dividend.
New Yor.K, July 20. The directors of
the Illinois Central have declared a divi
dend of 2) per cent, from the net earn
ings for the six months endd June 30,
lbl'J, payable Sept. 1.
A cable car jumped the track at Cincin
nati and severely wounded four of the pas
sengers. The gripman, John Dietrich, was
At Grand Rapids Leon S. Smith, 21 years
old, was sentenced to state prison for eight
years for forgery.
Mrs. Conrad Veilham, of Tonawanda, N.
Y., has fallen heir to ?4.0o0,000. Her uncle
died in India, leaving $20,000,000 to be di
vided among five heirs.
The report that the Vanderbilts had
purchased an Italian prince a Borghese
for the daughter of Cornelius is emphati
cally denied by F. W. Yanderbilt, who
says it isabs,.rd;that his niece is too young
And now it is reported that at the time
the U. S. S. Mohican was alleged to have
been disabled by the Alexandria in Retir
ing sea that s'aunch warship was at Port
W. CJueer, of Sturgis, Mich., took his
three little girls on a railroa I velocipede
two miles east of town after berries and
was run into by a freight train, killing
one o' the children.
Austin Davis, a stockman doing busi
ness in the Kansas City and Chicago
yards, was granted a divorce from his wife,
who has made her home in Boston for
years. Jndge Moore, of Kansas City, said
that as Mrs. Davis preferred to live away
from her husband in idleness she had de
Obituary: At Milton, Mass., Char'.es
Breck, aged 05, the oldest Mason in the
east. At Panama.Nathan Crowell, a well
known American engineer. At Montgom
ery, Ala., General James T. Haltsclaw,
aged CO. At Browstown, Ind.. Williim
Benton, aged! . At Giens Falls, X. Y.,
ix-Congressnian Frederick A. .Johnson'!
The epidemic of typhoid fever at Iron
wood, A'ich., Iims numbered some fifty
deaths out of some 4'HJ cases, and is now
Charley Miller, a mail carrier at Mat
toon, Ills., shot and wounded the girl who
w ho had rejected him and then drowned
Russell Sage has lieen sued for SlOo.oatt
damages for betrayal under promise of
marriage. The plaintiff is Delia Keegan,
who worked in the Sage household in l"vV
when, it is alleged, the offense occurred.
Sage claims that it is a case of blackmail.
From information received at Atlanta
there seems to have been a big deal in
Wisconsin in bogus Georgia land titles.
F. T. Day, the missing Milwaukee bank
er, has been located in a Flint, Mich., sani
tarium, but cannot be taken back to Mil
waukee until his condition improves.
Miss Helen Lipman, of Milwaukee, 2u
years of age, was drowned in a swimming
school, being seized with cramps.
The extreme and protracted hot weather
in France promises one of the finest vin
tages on record. , '
Mrs. U. S. Grant, who is still at West
Point, will be joined later by her son, and
they will come to the World's lair in Sep
tember. In October they will be joined iu
Chicago by Mrs. Nellie Grant Sartor s. her
da-u . .- .i.iinri.' overtoseethe
i.t.r. .drs. mailt i.hs written a book which
is soon to be published.
7 THE OT'TSIDE
that is.the lutst place
to keep the huge.old
fashi oue.l pill. Just
ns soon as vou gt-t it
inssdi; it lupins to
trouble you. What's
the use of suffering
with it, when you
can pet hio.v help
from Doctor Pierce's
ITeasuut Pellets 1
These tinv. snr-nr.
coated granules do
vou r e r m ti 11 r n
good. They act
.- 1 .. .... v. 1 1. -u tii ci;i ui II. I. 011-
stipation, Indigestion. Bilious Attacks, and
uu oerungeuiunts or tne liver, stomach, and
bowels j:re prevented, relieved, and perma
Thev'ro the mmll.rf ..i
and tho chmpest for they're rKm-aiifecd
to give satisfaction or your money is re
turned. You pay only for tho rood you get.
Nothing else urged bv the dealer, though
they may lie liettor for him to sell, can be
"just as good" for you to buy.
RE or IN NEED'
Want a conk
Want a partner
Wimt a Fitiia'inn
Wnnt to lent room?
Wnnt a servant gill
Wnnt to fell a furm
Want to mil a house
Vanr to exclmnire anithinp
Want tc fell hoiischnld pnmis
Want to mnkenny reaicstnte loans
Want to s-. ll or traile for anyiliins
Want to And customer for anything
I SE THESE COLUMNS.
ANTED WASHING AND HioNlNG. CM
Ninth tt cet.
T-.HK DAILY AKQl'S DtLIVEUED AT YOUR
1 dnorcvirt event he for l.V4i: ;,er week.
pOAUDEIfS AND UOOMEItS WANTED AT
.li MiKt Serontl uveme. Call morniie.-!.
FOtt UK NT TIHt EG DOOM HOUSE. CEL
Lr, cistern and wi ll, SSlfl Eiplnli avenue.
FJH KENT-SIX HiiOM Hot E, CELLAR,
cistein anil well, No. tfsitl Eighth avenue; ai
ply on premises.
WANTFD AGENTS TO SELL A M'EC'i.VL
ty on Instalment Han ; call at Jtcck Island
llnnso trimi I to It p. 111. mid S to 10 a. 111. II. ;.
iien you visit
Do lint forget to tee the ex
bibit of tlie General Elec
tric Company in the Elec
tiicitv Buildirg, the Intra
mural Eailway equipped
with General Electric Com
pany's Mppaiatue, tbe Elec
tric Launctes equipped
with. (Jeneral Elecuic Com
pany's motors, and the Gen
eral Electiic ccmprfny'a Arc
Lighting Plant and Power
Generators in Machinery
lasting One Week.
Printed Japanese Silks,
Swiss Embroidered Handkerchiefs
and a great many other articles,
A WALK OVER.
Our Shoes have a Walk -
tive cheapness you will tind it not dihicult, bu
impossible to match our fine shoes.
That is why we are selling this
dealer has ever dared to quote
chasers are prompt purchasers.
Cut in Half.
We give a few of the
offer this week:
Japanese tea-pots 12, 14, 17c
While granite plates, 5in 03c
' " " Tin. 05c
' ' side dishes 05c
' coTercd sugars 15c
Everything in the store
week. Everything must
avoid the rush.
All of the above goods will be sold at and Beic
Cost to make room for the Fall stock.
114 West Second street Davenport, Iowa.
JULY 15th and
Company, Davenport. Iowa
over. For downright posi
Our artimt'd private op:r:i:i
Is that he has a wa'.k-ov-Well,
he might be much f:n;L
from the truth. Don't ta-w.
word for it; investigate ti
matter for yourself. A sm(
margin on a continuous cm-y
tomer knocks out a big marti
on a single sale every titer
shoe at a figure which no other
and that is why prudent pur
1704 SECOND AVENUE.
bargains which we will
White granite hakersj . .7, 10. 15.
" platters 0.
" " scollop nappies 7.
IS qt dish pans. . .
8 in pie tins. .
will be slaughtered this
go. Come early and
Geo. H. Kingsbury
FAIR AND ART STOP-