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AIiJtii.M aft; TIL; AliGUS. WEDNESDAY, AUGUST 2, 181)3. Highest of all in Leavening Power. Latest U. S. Gov't Report. Pwder ABSOLUTELY PURE CUDAHY IS DOWN. One of Chicago's Speculators Squeezed Pretty Dry. . A SLUMP IN ?0RK DCE5 THE TRICI. The f'roiluct Tkp 4 Tcmlile of Nearly SO f'er Cent, in I'ri.-e ntnl 1-nM. Very Ileur ily no tin- Victim Klv Other Firiui Feel lt '.Vrielit Alto, .Hi t!i Ror3 ! Frrnzlr-I liny l,ii;lit at Oitham-buln-44 Not4. Cli:cAf;-. Ai;j a. J-hn Cudahy. the great packer and famou speculator. hn failed He had been lianl pressed for sev eral days, bus tis resources were s im mense '.hat it was thought he m'.aht pull thr'ii .. When the suspension of J. 5. Stecver A: Co. was announce ! enrlierin the day the whispered comment was that If "Jack" Cti !ahy had not been at the end of his string ii would not have let his old partner and ennfiilei.tiai advisor go to t lie wall, .heir business relation have been as close as those ot two brothers could have been. U was feared then that before the end of the session a greater sensation was in store. Hnd the !ear proved well grounded Hi Krsmirre Were In the Millions The failure of John or "Jack" Cudiihy, as he is better known, is the direct result of unfortunate speculation on a colossal scnle. Cudahy made $1.5!V)00 in provisions last fall, and lost two or three times is much in wheat last sprint; lie is inter ested in puck in it houses in Chicago. Wis ccr.Mn, Iowa Nebraska, and Kansas, anil had to use vast sums of money in the le gitimate brunrhe" of business, packing and distribution His treat resources were drained to support his speculative ventures. Less than a r:io-.:h aso J. (i. Steever es' mated "Jacl." Cuduhv's fortune at flv OOO.WJj. I'roatrutrrt the Illi; Speculator. , Attorney Levi Meyer, beine known to represent some o: ? lie parties in interest, was unable to say when sven at his resi dence exact ir what steps would be taken toward liquidation in the case of John Cudahy. He said that dilTerent plans for liquidit: inn were Ikmiil: considered, but thoucht that noth-'ni; would or could ' done unti'. the board of trade accounts had been checked up nnd the ac' ual status and condition of affairs had been ascer tained. Mr Meyer did say that from what he knew and could understand Mr. Cudahy had nssets to cover twice his in debtedness. Mr. Cudahy was rated at J4, OOO.IXH) one year ago. Mr. Meyer said tha't Mr. Cudahy was prostrate at his home from the effects of the crash. Six Firms Go to the Wall. The failures reported on 'change involved six firms, as follows: John Cudaby, I G Steever & Co.. E. W. Bailey & Co. A. Helmholz Co., Wright & Haughey, Northwestern Packing company. The re sult of the Cudahy failure seems to be al most as disastrous to the board of trade Interests as the collapse of the Harper con cern six years ago A Heavy Slump In Pork. The cause of . the failure was that Sep tember pork dropped from (10.25, Monday night's closinsc price, to $10.50 per barrel within forty-five minutes on 'change yes terday, and the crowjg In the galleries were treutea to a scene of excitement that reminded one of old days. Even B. P. Hutchinson, who has figured as a centrai operator in many a corner, waiked about on the floor excitedly discussing the abnormal slump in the staple. Provision Company Hopes to 1'ay. The North American Provision com pany, with offices in the Wheeler building, was forced to suspend shortly before noon, carried down by the previous failures on the board. The firm was reorganized only last year with Dan Brown, Morris fichwabacher and Cassard as the principal stockholders Mr. Schwabncher said that he could not make the least estimate as to the standing of the finances, but hoped to be able to liquidate in full. The total liabilities of all the firms is es timated at t-4, U0,0()0. Omaha anil Sioux City Not Affected. 0 Omaha, Aug. 2 In an interview A. E. Cudahy, in charce of the Cudahy interests In this city, said in reference to the fail ure of his brorher John Cudahy at Chi cago, that the Omaha and Sioux City houses will not be affected in the least, as he had no connection whatever with them. He attributes the difficulty to a land deal and inability to reali.o on securities to meet margins RELIEF FOR THE SITUATION. I'nid'it states Iliiuils Are Low nn:l Ilanki Increasing (irruliiticm. Xkw Voi:k. Aug. 2. A new and unex pected element of relief has lieen injected into 'he .situation. I'nited States bonds have reached such n low figure that the national banks see th ir way cleartomake a profit by issuing circulation -gainst them Arrangements have jherefore been made by some of the n ore prominent banks to increase their circulation from the minimum limit at which it nowBtands to such an amount as will materially re lieve the present tension. It is estimated that ,000,0(K) or $10,000,000 will be added to New York's supply of currency within a very short time. Orders have already been placed with the comptroller of the currency for part of the new bills and some of the banks have brought their bonds preparatory to de positing them in Washington. Negotia tions are reported to be under way between the savings banks nnd the national banks oj,t.he transfer of a large block of govern 'tneut 4's for the use as security for the new circulation. r .... - I'niou Taciflo Retrenchment, Salt Lake, Utah, Aug. 2 The Union Pacific foundry, which has been in con tinuous operation In this city since . 1871, has closed it doors. Every man employed was laid oil. On Sunday the Union Pacific will discontinue passenger trains num-, bers t and 8, west ot i'ocarelioTir oetween that point and Portland. This cuts down a I mileage expense c f 1,404 miles. Iorficatioi s of the Times. At Chicago Jo:in W. Ayres, dealer in mantels, made a voluntary assignment. Assets. $4.),0i'0; liabilities, $23,000. ' There i.- a perceptible decrease in the number i f met. being fed at Camp Relit f at Denver' and the army of unemployed is not so large us it was on- week ao. Thus far 1.200 men have been seut out of town by the relief committee. M. J. Lawrence, president of the Peo ple's National bai.k of Denver, lias re turned to Ckveian 1 from New York and announces that 1 e has made arrange--scnts with New York banker wtiereoy he can resume bus ness. The depression of the si'.ver market has given a decided st.ninius to gold mininz in Utah and Neva 1. New gold camps ar? being established daily with Sne pr.is- The directors of the Seaunet mills. Fail River. Mass.. have voted to shut down next Saturday until theclot'n market im proves. The Flint mill will shut down Monday. The director of the Wampanoss mills voted to shut down next week r1 every alternate wee ; tint;: the market improve NATiONAL UNION HAS A DAY. Tec 1 human, I Mr Visit ' Chicago, Aug. L Union Day at the- fi- cf this growing ords was no parade, but . In Festival ha'.I oratorv and music r Mayor Harrison, wl 'uler of cha Onler lie Fair. .Today Is N. tiocai ir. and 10,000 members 3T are present. There he members gathered here a programme of 'a carried out. Here o is a member of Lin- mm THE MAYOR ADDHESSES THK UNION, coin Park council, oue of the most popu lar lodges in the city, made an address of welcome, and after tiusic was followed ia an address by Senate r M. O.Jeffries. To night there will be a special programme of fireworks, including a number of pieces of special meaning to the order. Hereafter the buildings will be open in the evening one a; a time as follows: Monday evening, Horticulture; Tuesday, Liberal Arts; Wednt sday, Transportation; Thursday, Art Palaie. Anthropological, Forresty, and Shoe and .Leather; Friday, Agricultural and Fisheries; Saturday, Mines and Mining. Electricity will be open every evening until 10 o'clock; so will Machinery, but the engines will not be running. "American week" 1 1 the Columbian ex position grows daily nearer a reality. At a late meeting of the Associated American Exhibitors the direct irs submitted a plan for the proposed celebration, which was formally approved. It contemplates the giving up oi a day to each of the great de partmen s of industry and trade. The celebration Till probably be held during September. The Iowa State Press associa ion, 400 strong, is coming to the fair Thursday. Lafayette Young, thj president of the as sociation, is here making arrangements for its reception. The engineers discussed ferial navigation and the opinion wrs expressed that it would be a success in the near future. Four art congresses have begun meetings and also a congress of photography. The paid attendant e j-esterday was 7s 418. Total attendance for July was 2.T3'.i. 971, au increase of S43S over June LET THE WATEF GET TOO LOW The Result Heine o Blow-l"p anil Five People Di ad. NEVAKK. O., Aug. 2. One of the most disastrously fatal accidents that ever oc curred in Licking county took place nt the farm of Louis P erson near Homer. Luther Sillen and John Kittle, owners of a threshing outfit, we:-e r.t work on Pier sou's farm threshing his wheat Water was allowed to become too low nnd the boiler exploded. Fivt men were instantly killed and tiiree other probably fatally in jured. The force of :he explosion idew the engine into a stacl. of straw near the separator, igniting it.. Upon the arrival of help the separater. grain, straw un.l wagon were all in (In lies and the remains of the dead were burn 1 Rtid charred into unrecognizable masse. The bodies were at once removed from the flames and the wounded attended to by physicians. Those kil led were: John Kit tle and James Bowers, married: Frank and Pet-r Bell, and Norman Sillen, un married. The injured are: Joseph Schipp, Thomas Edmunds t nd Luther Sillen.' Schipp and Kittle are both badly hurt, and it is feared may die. The Admiral Gets His Balule. MONTREAL, Aug. 2.-Rear Admiral Mag nagbi has cabled to Rome the facts called out by bis discourteotu. reception by Mayor Desjardines and theondssion of the return salute by the ntilitinry authorities. He then announced that if his salute was not returned he should leave the city at one. This decision, was mado known to Acting Mayor Starnes, who at, once telegraped it to -Acting : Premier Lowell at Ottawa. Bowel I replied at onco ordering that the salute be retained. - LEISURELY LOOTED Bold and Startling Job of Rob bery Done. BEGUN IN BE0AD DAYLIGHT, And Prosecuted with Coolneit and Pa tience Until 8100 In Cash and 813,000 to Securltie Were Obtained Two Watch men Captured and Hound The Chicago Newspaper t'nloo the Victim No Clue to the Robbers. Chicago, Aug 2. Whi!e it was etill daylight three burglars overpowered and tied two watchmen In the offices of the Chicago Newspaper Union, 93 Jefferson street, then forced open the stfe and car ried away f 100 in cah and $15,030 in notes and commercial pnpe.i, part of which was negotiable. It was one of the most daring burglaries that has come to the notice cf the police for sonie time. Tiie burglars must have effec ed an entrance into the offices soon after the employes left at 0:30 o'clock. It was about 6:50 when Watehnv.n Jerry Courtney, of the Protective Patrol agency, entered the office to pull one of the boxes of the patrol service. II ow the Watch Va Captured. lie noticed tha the blinds were drawn, but concluded tha the jaivtor for some reason had drawn them. He walked to the windows and raised the blinds. Then he stepped to the safe, and was stooping to pick up something bright that was lying on the floor when he was struck on top of the head and felled to the floor. He was then tied securely an 1 carried across the room nnd told that if he made a noise he would be killed. Watchman No. i Taken In. Matters continued in this situation for an hour and a half. The two men at work at the safe had knocked off the handle, pushed out the lock, broken through the second door and were about to take out the cash box to examine it when a second watchman made his appearance. This was B. 1). Driscoll, who also entered the building for the purpose of pulling a box. As he appeared in the doorway he too was set upon and in a moment was lying se curely bound by the side of his brother watchmau on tbe floor. Rifled the Safe at Leisure. Then the work of rifling the safe was again taken np. Driscoll and Courtney were watched by one ot the trio, who cov ered each of them with a revolver, while the other two completed their work of ransacking the safe. Not a word was spok en by any of them. When everything of value in the safe had been secured the three men quietly took their departure. First giving their prison ers an admonition to make no sound or movement for at least fifteen minutes after they had gone. No Clue to the Robbers. For four hours the two watchmen strug gled at the ropes which bound them and finally succeeded in releasing themselves. They at once notified the Desplaines street police. Courtney had two gashes on his head, but is not seriously hurt. Neither watchman could give the least clue to the robbers. NATIONAL FINANCIAL STATEMENT. An Increase of the Public Debt of Over 84,000,000. Washington, Aug. 2. The debt state ment shows a net increase in the public debt, less cash In the treasury, duri.ig July of $4,203,973.31. The interest-bearing debt increased $340.00; the non-iuterest-bearing debt decreased $311.0S, and the cash in the treasury decreased $4,574,722.SL The balances of the several clashes of debt at the close of business July 31 were: Interest-bearing debt, $5S3,(i7,440; debt on which interest has ceased since maturity, f 2,0S1,5: 2(5. and debt bearing no interest, $374,002,040.87; total, fHCl,121,016.63. The certificates and treasury notes offset by an equal amount of cash in the treasury out standing nt end of month was $377,302,501, a decrease of $7,191,329. The total cash in the treasury was $732,041,707.17. The gold reserve was $:"0.202.933, and net cash balance $1K,GS4,CS4.57. In the month there was a total decrease in gold coin and bars Of $1,041,460.61. the total at the close being $1S3,S13,H'.2.!8. Of silver there was an increase of $2,610,473.80. Of the surplus there was in national lank depositories $17,044,0r:U7, against $21.930,5s'..;.6 at the end of the previous month. The receipts for the month of July were $30,005,776.18 and the expenditures $-'!0.075.7S2.00. In June the receipts were $30.3.'.i2i.S3 and the expenditures $2!V2tSR.451.:t0. Customs receipts decreased from $14.'..4.390.S3 to $14,6Si.Hii!U9. TROUBLE FOR DIRECTORS. Those who Ordered the Exposition Close 1 ' Sunday Fined for Contempt. Chicago, Aug. 2. Jndgc SU-in holds that those directors who or- ! dered the fair closed Sunday July; 23rd. are guilty of contempt of court, and today lined Directors Gage. Hutchinson, Ilenratin, McXally and Kerfoot 1.000 each, Director General Davis 1250. and Director Lawson f 100. a appeal was at once taken to a higher court. The fair must remain open until the injunction is dissolved. King, Hasler, Scnwentser. QUtTE A BATTLE AT CHICAGO. Officer. Citizens ami lir.rsiar Kxchanfre Shots with Inflect. Chicago,' Aug. 2. Officers discovered five r.jen acting sispicioiisly iu the rear of W. II. Riley's dry goods store, 53 Lake street. When they saw the officers the men ran, and on their refusal to alt the officer opened fire on them to which the fugitives replied with their revolvers. In their flight ths burglar dropped Several bales of cloth A number of citizens joined the officers in the pursuit of the burglars and in the fusillade of shots that passed between the o:li?er and the fu gitives two citizens, ex-Officer George' Dalzlegh and Elw-tr i Brtker, were shot, the former in the leg wnd the latter in the arm. Neither of tho wounded men is' seriously injured. James Duffy, one of the burgiars, stopped running and sur I rendered, but the other four escaped. ABBREVIATED TELEGRAMS. HIS MAJESTY BORE A HAND. Kaiser Wilheltn Assisted the Crew of the Britannia. Lonion. Aug. 2. It was Hinted that Emperor William followed the racers Mon day on bis yacht Meteor This was er roneous. His majesty was not merely a spectator of the contest. He was, to use a slang phrase, right "in it," au1 he for the nonce put aside all imperial dignity nnd did all he ct uld to secure the victory for the cutter he was on. He acconrpanied the prince of Wales on the Britannia, nfid was jubilant when the Britannia so handsomely won the race. A guest of the prince he made himself one of the crew, nnd actively assisted in getting in the mainsail. When the spin naker was set his imperial majesty grasped tbe halliards and baud over hand with the crew he did his share of the work of hoist ing it into place. Occasionally he took a spell nt t he lee holm and altogether proved to British yacht men that he, too, was well qualified uot only to give, but to obey orders. Records of the National (.auie. Chicago, Aug. 2. Scores on the dia mond made by League clubs were as fol lows: At Chicago Cleveland 9, Chicago 2; at St. Louis (two games) Pittsburg 25, St. Louis 3; Pittsburg 6, St. Louis 1: at Boltituore Washington 2, Baltimore 5; at Boston Philadelphia 1, Boston 5; at New York Brooklyn 8, New York b. A Ijbor Union to lie Sued. Ashland, Wis., Aug. 2. Non-union lumbermen are at work at the Shores docks. The Shores company will garnishee $4,500 in the treasury of the Longshore men's union for damages committed by union members at the docks. Had Been Hanging Five Days. Chicago, Aug. 2. Mrs. Anna Koch was found banging to a gas fixture In a basement beneath Anchor ball, 528 West Indiana street. The woman disappeared hjriday and the body had evidently been hanging since about that time. Cause ot auicide. despondency. . 3 The Un ted States Watch company has resumed work at their factory at Walt ham with n full force, after two weeks' va cation. Wages are reduced 15 per cent., to be raised when business improves. The weekly crop bullet in for Illinois says the outlook for crops is fairly good. Secretary Carlisle has been called to Gray Gables to consult with the president about his forthcoming message. Congressman J. A. T. Hull, of Iowa, was seriously injured by being thrown from his carriage near Des Moines, and will be detained from attending the session for some weeks. Three men. two of whom died in great agony, were poisoned at Pawtncket, R. I., by drinking whisky in which oil of almonds had been mixed to give it "bouquet." Obituary: At New Rochelle, N. Y., John S'phenson, the noted car builder, nged S4. At Gr.intsburg, Wis., Canute Anderson, leader of the Scandinavian set tlements in the northwest, aged 63. At Racine, George H. Laughton, manager of the Chicago Hani Rubber company, aged 43. At Jacksonville, Ills., Joel Hastings, aged S2. Lieutenant Peary's arctic expedition had a rough voyage from Newfoundland to Labrador and the delay may seriously handicap the explorer. Fleck, the informer who was kidnaped in the interests of saloonkeepers, has re turned to Pembina, N. D. His captors took him across the lir.e and set him free, telling him not to return to Pembina, but he got back before they did nnd now they dare not return for fear of arrest. Bernard McGinn, who killed Edward McKonna, narrowly escaped lynching at Omaha. A "Professor" Tyndall has started from Denver nnd proposes to be buried in the World's fairgrounds for thirty davs, at the end of whicn time he promises to merge from bis temporary tomb alive and well. Fire nt San Francisco drst roved "the wholesale fancy goods house of Buyer & Reich and the shoe store of Buckingham & Hecht, causing a loss of $250,000. The prosecuting attorney of St. Louis has refused to proceed against Maud Mc Kibben, charged by a coroner's jury with poisoning her father and sister. He says the evidence does not warrant her ar rest. A waterspout in Rawlins county, Kan., covered the prairie witb water two feet deep. Much stock was lost, and Mrs. H. D. Aldridge was drowned. Louisville women may smoke on the streets, according to the decision of a judge in that city. Peace has once more been restored in Nicaragua. The Philadelphia Packing and Provision company, which has a capital stock of $250,000, has been placed In the hands of a receiver, Mark Twain is said to have received $100,000 in royalties for his "Innocents Abroad." Indians Getting Excited. West Sitekiob, Wis., Aug. 2. Reoorts have reached here that about 400 or 500 In diuus are congregated near Shoe lake and that they may don their war paint. T' e whisky is flowing pretty freely and the Indians are getting more excited all the time. Serious trouble is expected. Only Twenty-four Hours a Week. Scsqvehaxna, Aug. 2. Trom this timo until further notice the extensive locomo tive shops of the New Yo-k, Lake Erie and Western railroad will be in operation but twenty-four hours per week. There tire many rivals of quinine in the market now which would quickly take its placa if the price advanced ma terially. Its cheapness today makes qui nine so universally popular. I-ft e- 1 H 1 8 H M Q " a. x o 33 9 IS 33 tx ft "e3 P. o a o 3 a o x p, CO -"F ALL DESCRIPTIONS ON SALE. Don't fail to take advantage of the ; numerous bargains offered at our store at present. KLUG, HASLEP, SCHWENTSER - i Dry Goods Co., 217, 217J W. 2nd St., Davenport, Iowa, For the next 30 days In Bedroom Suits. In order to reduce the immense line we have to make room for.other goods we must sacrifice them. Come at once and secure the best bargain that Vas ever offered in the furniture trade. 1525 and 1527 Second Avenue. 124 126 and 12S Sixteenth Street. Cut in Half. We give a few of the bargains which we will offer this week: Japanese tea-pots 12, 14. 17c While granite plates. 5in 03c " Gin 04c ' Tin 05c ' side dishes 05c ' 4 covered sugars 15c White granite bakers...?, 10. 15. le platters 9. 23. 2c " " scollop nappies 7. ;,llc IS qt dish pans 25c 8 in pie tins j Everything in the store will be slaughtered this week Everything must go. Come early and avoid the rush. Geo. H. Kingsbury ISfLast Call. FAIR AND ART STORP. 5231 A Clearing Sale OF- LVI illinery. All of the above goods will be sold at and Below Cost to make room for the Fall stock. BEE HIVE, 114 West Second street Pavenport, Iowa. k t: 'A In I I I I I