Newspaper Page Text
land Daily Argus.
vol XLI NO. 252
ROCK ISLAND. FRIDAY, AUGUST 11, 1893.
SlBgl Copies S Cl
Per Weak IS Ci
SAX&RJCE, ROCK SLANDj ILL.
Your choice of any Straw Hat in the House for
Your choice of any Light weight Pants, on sep
erate table, worth $3.50, $4.00 aud $5.00 for
Your choice of any Child's Shirt Waist in the
House for 50 CEZESTT
Mother s Friend and Star Waists.
We Undersell Everybody on Everything.
They Can't Meet Our Price.
For One of the Current Finan
, cial Stampedes.
TWO BANKS CLOSED BY PRESSURE
Big Store. w
For the next 30 days
In Bedroom Suits.
In order to reduce the immense line we
have to make room for other g;oods we must
sacrifice them. Come at once and secure
the best bargain that was ever offered in the
CLEMANN & SALZMANN.'
''&: and 1527
124 123 and 128'
Hen's Artistic Tailoring.
'I - L-'ashionab fab-ica Ux Sprinz and Sammr liar
T. J3. ZIMM.EK,
Call and leave, your order
tar Block Opposite Hai.per House;
LABOR. TIME, MONE?
Use it your own way.
1 1 ie the beet Soap made
For A ashing Machiue use.
WARNDCK & RALSTGH.
And One Fighting for Its Lite AH Onn
Abundant Collateral, lint depositor.
Will Not Be Assured Grand Rapids
Furniture Factories Begin a Policy of
Retrenchment Currency Famine at
Nashville, Aug. 11. The suspension of
the First National bank, simply because
with a safe full of gilt-edged collaterals it
could not get any money, caused intense
uneasiness in financial circles and the di
rectors of the other national banks, the
Fourth and the American; went into very
errncst conference. They both decided
to open heir doors as usual and try to
stand the run that was sure to come, and
as expected the streets on which these
banks are situated were crowded with peo
ple long before lie time for opening ar
rived. The doors were hardly opened be
fore the rush commenced and increased
every minute. ' In twenty-five minutes
from the opening,- the American National
had paid out J75.000 a.id decided to -close,
finding the run much greater than they
The bank has Jl.OOO.OOO capital and about
11,000,000' deposits, and wan immediately
put in the hands of Bauk Examiner Plum
lee, who came here to take charge of the
First National. vThe American National
bank officials state that (lie bank is per
fectly solvent, and that it will resume busi
ness as soon as the coupt roller of the
treasury will permit. At the time of the
closing the house was crowded with
anxious depositors, who accepted the an
nouncement quietly and went out in an
orderly manner. )? :
Ihe line in front of- the teller's desk at
the Fourth increased every moment and
extended far outlet o the street, but all
were paid ard the bank ollicials said they
would weather the storm. Many promi
nent b-cal financiers, however, thought it
a matter of a short time only when the
bank woul.1 be furred to do. This bank
has $1,000,0(10 capital and considerably over
$1,000,000 deposits, and is looked upon a
one of the strongest b-inks in the south.
The Safe Deposit Trust and Hanking
company, with a capital stock of SIOO.Oihi,
did not open, and posted a notice on its
doors that because of inability to realize
on collateral it had availed itself of the
privilege of sixty days' notice of intention
to withdraw deposits. The crowds about
the hanks was increasing but very order
ly and seemed inclined to take things
ECONOMY AT GRAND RAPIDS.
Furniture Factories Giving Notice of Re
duction of IVagea. r
GkasbRApids, Mich.,' Aug. 11. After
withstanding the strain all summer the
principal furniture manufacturers are
gradually yielding to the pressure of the
times. The Xtlson-Matter company has
given notice that its employes must sub
mit to a temporary reduction in working
hours. The Uriel Cabinet company has
ordered a reduction of 30 jier cent, in
wages, and the men have accepted it. The
Widdlecines company has laid off 10 per
cent, of its employes and reduced the
wages of the lemainder.
The Phoenix has closed its machinery
department aud ordered a 10 per cent, re
duction tn ages in other departments.
The New England is working half time.
Bexkey & Gay are running to their full
capacity, while several others are making
a determined effort to pull through to
Sept. L' It is the general opinion that all
the factoiies will be running on full time
by Sept 1.
Will Not Cut Kmploye' Wages.
TorEKA, Kas., Aug. 11. General Man
ager J. J. Frey, of the Atchison, Topeka
and Santa Fe Railway company, hasluade
a positive denial of the report that a cut
of ten per cent, had been ordered on the
salaries of all employes on the system. He
says that such an order lias not, even I teen
contemplated by the ofheers of the com
pany. Men are luting laid off in all de
partments where tlieir services can Iks
dispensed with, without interfering with
the efficiency ot the service.
Is Life w"Trb Living?
Is now lueited In hit new shop,
At 324 Seventeenth Street.
WUrbt ihoei , ipeeUlty.
Opposite the Oli nana.
That Depends Upon Your Uealth.
Will cure yon and keep yc u well.
For sale at Harper House Pharmacy.
John Volk. & Co.,
Manufacturers of '
Sash, Doors, Blinds, Siding, Flooring
And all kinds of wool work for builder;.
Eighteenth gt. b3t Third and Fourth avenue.
greater supply and the premium paid for
it is reduced to 15 per cent. Zimmerman
and Forshay said they were buying no
more gold to arrive, as they believed the
demand for current funds was very nearly
U A hUNS AGAINST M'KINLEY.'
Micera Kcfuse to strike.
MAcOS, Mo., Aug 11. The Uevier coal
miners held a muss meeting, (VMI miners
being present. The meeting lasted three
hours. JapreVt'iitiitivea from Richmond,
Flemiijg. C'J.inilen. liuutsvilie and Ard
more. In Miss.mri, were pres.-nt mid made
speecll-i a'-king tin1 Ilevier miners to iiit
work In sym;mthy -.vith thv Kansas min
ers, '-lie meeting expressed sympathy f.n
the K fr.sas miners, but by a larue major
ity reiitsed to strike.
1 ie 'Kaiik "as WreeUed.
St. U'.U I., Am;, 11 The even Corners
batik, jivhieh dosed its doors Aug. , was
not till- victim of the financial stringency.
The. i-howing made by the official state
ment of Assignee West fail is t hat the in
stitution was wrecked by its cashier. C. A.
Hawk-, who loaned from J.'',(XKl to i5i,(lKl
of the bank's money to himself almost
Without security. These funds he invested
and lust in 'his private enterprises, lie
will be prosecuted.
A Mine Resumes Vrk.
LEAVKMVOUTH, Kaus., Aug. 11. The
Home mine has re-uired oiierations, its
action having been hastened by the return
of the men of the North Leavenworth
shaft, which has been running since Mon
day. Over 200 men are at work in the two
mines and many more applications are be
Closed Its Door Temporarily.
Maksiialltows, la., Aug. 11. The
Hamilton County State bank of Webster
City, has closed its doors, but the oAcers
say it will only be temporary. The im
possibility of making sufficient collections
to meet the present demand of depositors
was the cause of suspension.
More Cnrreacy at New York.
New. Yoke. Auk. 1L Ourrencr is in
The Tui-ifT lsitue Cleanly Made in the Ohl
Cincinnati, Aug. 11. The Democrat!
state convention finished its work in onl
day and adjourned sine die. Lawrence T,
Neal, the author of the tariff plank in tht
Democratic national platform, was th
nominee for governor an honor for which
he has tried eight different times beating
r disorganized field that had a majority
.f .ainst him, but could not unite on oni
opponent. The first ballot Bettled it, and
when the solid vote for Neal was known
others fell over each other in the effort to
get in the wagon. He had lOOtospare, but
his opponents refused to make the nomin
The balance of the ticket is as follows,
Lieutenant governor. Colonel William A.
Taylor, of Columbus; supreme court judge,
John W. Sater, of Darke county; statf
treasurer, B. C. Blackburn, of Coshocton,
attorney general. John P. Bailey, of Put
nam; board public works, L. B. Wilhelm,
of Akron; food and dairy commissioner, P,
H. Mckeown, of Cincinnati. The platform !
committee, in s,.Jte of being free silver, did
not present any resolution on that subject
except to declare the convention's endors
ment of the national silver plank. Otherwise
the platform is not notable except on the
tariff reform issue, on which it reaffirms
Premium for Cn'AeniVU New Orleans.
New Ohleass. Aug. 11. The sequel of
the banks refusing to pay out more than
$50 on any one day to any single depositor
is the closing down of several big factories,
including Hernsneifii's cigar factory,
Maginnis' cotton mills and Fisher's saw
mills, employing in the aggregate 2,000
hands. Currency is at a premium of t3Q
per tl.OOO, and there is little of it available
even at that.
Kept His Sad Secret All Night.
Lroxs, la., Aug. 11. Two boys, Steve
Williams, aged 11, and a 7-year-old boy
named Reiniers, went in swimming here
and the Reimer boy was drowned. The
other boy went home and said nothing,
and the Reimers family searched all night
for their missing child. Next morning the
other boy told what had happened, and
said he had feared a thrashing for bathing
in the river at all.
A 3-Year-Old Runaway.
St. Lor Is, Aug. 11. The inbound Mis
souri Pacitic Kirkwood accommodation
carried the youngest runaway boy into St.
Louis that the police have ever handled.
The runaway was little Harry Kershaw,
of Benton, 3 years old. He was put in
rharge of a policeman and sent back to
Benton. On arriving there he slid out of
the seat and started for the door. His
mother, who had missed him, was at the
station frantic, thinking that some one
had kidnaped him.
The Weather NVe May Expect.
Washington, Aug. 1L The following are
the weather indications for twenty-four hoar
A I- , " Til: - . . . .
the Lational platform. On finances it con- gn, and Upper M chigan Local thnnder
gratnlates the country upon the prospect storms with light rains this morning, followed
for relief as outlined in the president's ' by northerly winds and fair weather this aft
message, and on the pension question it ! ernoon and tomorrow. For Indiana and Low
endorses Hoke's policy. er Michigan Warmer weather; southerly
"Tariff reform." is to be thebattle crvof winds; local thunderstorms ani lwht rains to-
the Democracy in the With,., ' sorrow; com r, wai weamer; westerly winas.
an hour after Neal s
porters were sportin
scnption: "Neal and Tariff Reform." Tc
the representative of the United Press
Neal said, "I regard the nomination o(
Mr. McKinley aud myself as a declara
tion of thetwo political partiesof Ohio that
the tariff issue must le fought to a finisn.
Political death to McKinley and McKinley
ism tiiat is the issue. The president has
declared that this issue must be dealt
with in the near future, and upon that de
claration and a. agnim-t the high piiest ol
high tariff the voters of Ohio are invited
to a verdict. '
ne campaign. V ithm For i0wa-Cooler weather; northerly winds;
s nomination his sup- fair weather tomorrow andarmer.!
fig badges with the in-
LIVE STOCK AND PRODUCE MARKETS
THE FAIR BEGINS TO DRAW.
Three Hays in Which the Attendance II ai
ltecu Over lOO.OOO.
Chicago, Aug. 11. The fair has begun
to draw again. For the past three days
the attendance has gone over 100,(00 each
day, and yesterday it was 110,102. Louisi-
A-STIilAN AUMOR LIBERAL ARTS BCILDIXG.
ana, the Pythians and the wheelmen were
responsible for the large crowd to a great
extent, but the new attractions probably
had much to do with it. To-day there is no
special feature and the attendance will be
noted with interest.
The religious and war dances of the In
dianand Midway people proved a great
Sept. St will bs Grand Army day, and a
h st is expected on that occasion. There
will be reunions and parades galore.
BROKE A MILE
The Principal Kvent at the
t-uicAW), Aug ii. une lecord was
broken by the cyclists on the third 'day of
the big L. A. W. meet This was the mile
tandem competition record and A. T.
Crooks and M. Dernberger, of Buffalo, did
the breaking, lowering the time from 2:3;
to 2:-J0 2-.i. Zimmerman qualified in the
trials for the mile open, but did not htart
in the final. It was very easy for him to
win the mile national championship in
ir:2: H .1. Bliss and Lumsden, of Chicago,
followed him over the tape. Later he! won
the oi.arter mile open. John S. Johnson
was fright cued out and did not compete.
Boston's crack, Gary, was ia front in
Una for the : rst time during the meet
and is now the two mile national chat
p ion by winning in 5:07. Swen lenian, the
Helena wheelman, won the handicap at
two null s litun a large held. He had :i
concession of SV yards. Crooks of But-
lalo lorceil .1. l'. Clark, of Host on. to run
his liaf mile in 1:14" .j to win the 1:20 cl
race. i alter r-anger win not rule again
during the meet, lie has not sulEcieut.Iy
recovered from his fall on Monday and has
left for his home in Milwaukee. RK8
Ihe other winners were: 11. (".Tyler
Springfield, Mass., J.J mile national cham
pionship, in 1:12 2-5; 1-mile open, . C.
lyler. 2;3S 8 5; Zimmerman's win of the
;4'-mile open was in t':31 1-5; Swcndeman's
"-mile win was in 4:331;
Chicago, Aug. 10.
Following were the quotations on the
Board of Trade today: Wheat August.
opened 9;. closed 59; September, opened
60J4c, closed &J-: Detembsr, opened C8Jc,
closed C8?ic. Corn Augutt, ojened 3t)c,
closed 3SHc; September, opened 0t$c, closed
3y-4c; May, opened 43c, closed 42o. Oats
August, opened Sic, closed 24c; Septem
ber, opened 2SUc. cloied "iyc; May, opened
3UJie. closed iJUJg-. Pork August, opened
S12.35, closed J 12.83; September, opened
$12.6), closed $12 60; Mar, opened 12.70.
closed $12.70. Lard Ausut, opened. 3.17K,
Live Stock: The prices at the Union.
Stock yards today ranged as follows:
Hogs Estimated receipts for the day, 11,000
leftover about 1,503; quality good; market
active and firm; packers the principal buyers:
prices luc higher; sales ranged at $5.00Qo.TS
pigi $t.4(K&6."0 light, $5.0G&5 40 rough.
packing, 5.2:3.8j mixed, and $o.40560
heavy packing and shipping lots.
Cattle Estimated receipts tor the dav.
8.5'JU; quality fair; market rather active
on local and shipping account and prices
firm; quotations - ranged at $4.905.l0
choice to extra shipping steers, $1.10(11.60
good to choice do, $3.6034.00 fair to good, $3.00
3.40 common to medium do, $3.00jU 73 butch
er' steers, $3 2533.00 stockers. $2.7033.40
feeders, (1 2i$3.10 cows. $2.0033,25 hslferk,
$2.0U3.2Sbulls. $18033.20 Texas steers, and
$2.V)&5.00 veals calves.
Sheep Estimated receipts for the day.
lO.uuu; quality fair; market rather quiet and
prices nnchangsd; quotations ranged at
$2.50(33.75 per 1(0 lbs westerns $.U033.ZS
Texans. $2.(&4.2J natives and 13.00&5.5O
Produce: Butter Fancy separator, 22o
per lb; lancy dairy, 16431!4o; packing
stock, 13c. Egfs Fresh stock, loss off, 13o
per doz. Live poultry Spring chickens, llo
per lb; hens, 9c: roosters, 6c; turkeys, 11c;
ducks, tc; geese. $1003.0J per doz. New
potatoes Early Ohio. $1.813191 per bbl.
Apples New, $2 0i3i7J per bbl. Honey
White clover, l ib sections. 15317c; broken
comb. 10c; dark comb, gool condition. 103
14c; extracted, 63Sc per lb.
New York, Aug. 10.
Wheat September, s36yc; October,
1K3T1Wc; December, 75376vc; Mar. 83
fSsc Kye Nominal; western, 55c. Corn
No. 2 dull, opened JsSXo up. fell W3o, ad
vanced vHa'mc; following Chicago steady;
August, 4T?j,S48i4c; September, 47 15-13
341,0; October. 4ti?fa5l9!c; No. 2, 47l3;8c.
Oats No. 2 quiet and steady; September,
81331; October, 31311ic; state, 313
45c; western. 34315c. ifork Steady and
quiet. Lard Higher; steam-rendered, $S.8i.
The Eioral Market.
W heav 7 4iJ7ie.
New o its i",;.
Hay Timothv. S10: niiUnd. S7.M2CS.V1?
sli.Uki , Sii.lHXaS7.00; baled. $10.0039.00.
Butter Fair to choice, 20t ; creamery, 2'ic.
Ems Kre-b. Ii4c
Pouitn C'hirketit. 13c:turkcT 1 K : docks
1-Hc; gee?c, 10c.
FKCIT 1VD VEGBTABI.ES
A;v.Us f4 IKlper bbl .
?'otaLM-i (Hie. .
' c:3L sik- per bbl
""umip? -4 c per bu.
' a:t c Biitibers pay tor c 'rn lea fteer
'4s,c; cevvp niiij tielfeis, ! i'ij"; calves
It Won't Da It Any Morf.
NEWloRK, Aug. 11. The Commercial
Advertiser, which takes the United Press
report, did not observe the conditions of
receiving the report of the president's mes-
fcage and printed it before it was released.
This means suspension from service for a
month and Sl.ouo hne. The Advertiser
plained that it was a mistake caused by
the telephone and made an apology that
was considered ample and it was let off its
suspension and tine.
Rain for Kansas ana Missouri.
Kansas City. Aug. )1. A heavy rain,
insuring a full crop of corn, has fallen all
ovei the eastern part of Kausas and wes
t J! rr?. ite m
I ?: .-. d
IS ON TOP
Costs less than Half
and pleases much better
than the over-priced and
Judge for yourself.
In Cans. At your Grocer's