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A CLIQUR IN A CORNER.' JUST WHERE THEY THOUGHT THEY HAD WHEAT CORRALED The Product Takes a Tumble of Twenty Cents on the Chicago Board of Trade, V And Catches, the Manipulating DulU in Itod Shape A Cane In AVhlch th Con tract TVaa Too lllg Treinendou Excite ment Anions the Speculator, and 6ey " era! Suspension One of the Unfortu nates Out About S.OOO.OOO. ' ' . Chicago, J une 15. For Borne tima pant a clique of operators in wheat on the board of trade, headed by J, W. Wiltshire, of the Fi delity bank of Cincinnati, has been buying May and June wheatt and began on Monday to take in July alao. The thing worked pret ty well until Baturday, when there was a lit tle flurry owing to the large supply. Every thing, however, was quiot Monday, but Tues day a cyclone set in that caught a number of 'V I ) .1 ',HOW IT LOOKED OZT THE BOARD. ' ' ' operators and laid them out1 Tuesday morn ing everything seemed sereue and it looked as though it was plain sailing for the bulls. v But the outside forces were at work v for the bears. Thousands of cars standing on the side tracks, elevators all filial to bursting, tre mendous receipts reported, and everything pointing to more wheat millions more in the near future. -i' Such were the conditions when traders went on 'changa Tuesday morn ing. For the first offerings of July wheat there were no takers. . It was off ored under the supposed market still no takers. Then the entertainment opened. The uproar grew intense in the wild effort to sell wheat. July dropped from 83 cents to 82 cents while men were thinking what to do. , Every one wanted to ; unload, but no ' one want ed wheat. It less time than ' it takes . to tell the story . July wheat was offered at 80 cents, or- 3 cents less than the closing prico Monday. It was a short storm, but terrible in its effects on the crowd. Traders crawled out of the pit drip ping with perspiration and weak from excite ment. 1 here was talk of failures, but none . were announced to add to the feverish condi tion of thing Then for an hour there was a flight rally, and the "leading future, July, ' sold up to cents. , This was ' but a lull in the storm. At 11 a. nx the indicator for July showed that it was again selling down, and in fifteen minutes it was offered at 70 cents 4 cents below the opening an hour before. Then came the third tumble at the noon hour, and July wheat sold down to 70 cents, iyi cents below the opening price. The en tire board was little less than a pandemonium and the bears declared it a just retribution on the bullish wheat manipulators. At 12:80 came the startling announcement that all persons having trades with Rosenficld & Co., one of the clique houses, should close them at- once. The uproar had not subsided when July wheat took the fourth and worst turn of the day and dropped for a moment to 74 cents. Trouble was expected on margins at Kershaw's, and the crowd was ready for anything short of an earthquake. Throngs of people rushed in from the streets, and the gallery was filled with aa excited throng of men and women. It was a morning session to be- remembered as long as wheat grows. At llosonf eld's it was found that their checks bad been thrown out of the banks, and a part ner of the house announced it "looked as if they had failed, as their principals had gono tack on them." ja the meantime the June option had dropped from cents to 73, while May cf course shared in the tumble. To illustrate the groat flop, the following range of prices for regular No. 2 spring wheat prevailing'on 'chanze during the day will l of intercci, Closing, 2:30 p. la. Open'K- lHfrh'st Lowest. W& - t24 73 H8K KVii 73U ThW 744 70 ' 7hfrj 74j 7Mj June... July.... August. HvU - It will be seen that cash wheat at the open ing stood 8 cents higher than July delivery a most abnormal figure. The general idea is that cash stuff ought not to range higher than i cents over thirty days' delivery. The results of the crash as gathered late at night is that the following suspensions are booked: s ' ' '' ' !' Maurice Rosenfeld & ,Co., Uamill & Brine, and E. W. Bailey & Co., and C J. Kershaw are seriously embarrassed. Settling clerks, Messenger boys' and anxious brokers flocked into the office of the latter firm during the afternoon to inquire for a statement from the firm of its standing, but no statement could be obtained. In the evening the firm caused it to be announced that it was expected that funds would be forthcoming Wednesday to pay all differ ences. It is believed that should Kershaw & Co, fail to meet their heavy obligations not less than twelve well-known firms will go un der. - In speaking of the break Secretary George F. Stone, of the board of trade, said it was matter of great surprise that more failures did not result As much business was done on 'change Tuesday as would ordinarily be done in an entire week. Mr. Hall, senior member of the suspended firm of Uamill &"Brine, said that the drop rame so quickly that they did not have time to call or collect margins. The closing out of ail traaes ami meir temporary - suspension were for the purpose of self-protection. E. W. Bailey, whom house failed, said the whole thing was so unexpected that they hadn't time to realize what . had taken place twfore the bottom was struck. They were called for about (20,000 margins and called their customeii for about $10,000. They were not able to tell how they stood. Joseph RoHeiibaum & Co.' fsone of the firms whose fate depends upon the solvency of Kershaw & Co. ' They are long . (00,000 bushels of wheat at 03 cents, and their loss will approximate $20,000, and unless certain differences are paid them by Kershaw it is expected they will go fa the wulL iTosident A. M. Wright, of the board of trade, said that the break was the biggoHt. and most rapid he had ever seen on 'change, save, perliaps, on the onemdon of John li. Lyons & Co.'s failure In 1872, when wheat broke right off from $L& to $1.13 per bushel Wiltshire, the supposed loader of tho Cin cinnati clique, was here Saturday, Sunday, and Monday, and it was well known among the shorts that repeated interviews occurred between him and hi Chicago brokers at tho Richelieu, and in consequence the latter were Mostly watched. Kershaw was noticed leav ing the last conference Monday night in such troubled spirits that certain of the watchful shorts scented the trouble, and . as soon as trading began Tuesday morning, acted upon their "impressions. " Leopold Bloom, who has gained considerable notoriety as a scalper, is said to have cleared $70,000 on tho decline. The break did not seriously affect the bucket shops. Some of thorn lost money, but not enough to close them up. Chicago, June 16. To say that the situa tion on 'change is threatening would not do justice to the actual facta Tuesday's drop in wheat of 19 cents was followed up by a further break of 6 conta Wednesday, from which there was but an insignificant rally at the close. Seventeen firms were posted for failure to settlo margins, and while it is an litter impossibility to arrive at anything defi nite in the matter of the liabilities of the sus pended houses, it is safe to say that 20,000,000 bushels of wheat are involved, and that the loss on this immense block . is not less than $5,000,000, or a total of about $S,000,0U0 in two days. The suspended houses are C J. Kershaw & Co., Crosby & Co., Gregg, Sons & Co., 8. D. Eldredgo & Co., J. A. Edwards & Co., Hord Bros. & Co., T. E. Baldwin. & J. II. Yourst & Co., B. J. McCleary & Oa, H. J. Sheldon, , a C. . Orr, M. .. 8. Robinson & Co., Pickering & Co., H.' K. Matthews, Hibbard & Co., M. B. Crafts & Co., and ', Yourst & Brearly. Some of these firms announced that they will be all right in a day or two. Besides the above there are innumerable smaller houses which will go down if tho sus pended ones' fail to come out of the difficulty, and the excitomcnl on tho board was aug mented by the failure of Charles Henrotln, of this city, on . the New York stock exchange. He is a private banker and stock broker of note, and he attributes his failure to the break of the corner. He says he probably owes half a million, but is confident he can pay dollar for dollar as soon as ho can got his books in shape to know where he stands. . ' , ; : y Wednesday's .lowest figure for wheat CO cents was the lowest since 1802, when wheat sold for 03. , Jn 1880 the lowest price was The announcement Wednesday morning by C. J. Kershaw & Co. that they would pay their clearing houtp differences was received with demonstrations of delight by the brok ers at the board of trade, and prices imme diately rose several points. It had been re ported that Kershaw had received $800,000 early in the morning from Cincinnati to meet his obligations, and the report being generally believed, - tho announcement that Kershaw would settle was, in consequence, received with the utmost confidence and a satisfaction. At noon, however, the clearing house sheet showed that Kershaw & Co had failed to pay their debit balance. . . THE EFFECT IN NEW YORK. A Wild Time in the Wheat Tit and a Drop of Five Cents. New York, J une 15. The center of specula tive interest was transferred Tuesday from the coffee exchange to the produce exchange, where the bears began a movement at the-opening that created almost as great a panic as they did Monday in the coffee market The desire to sell at tho opening was strong, and the quan tity offered so great that a decline of nearly 5 cents was marked in tho first ' few minutes, amid the wildest excitement. When tho break had assumed the proportion of a panic, and every one seemed crazy to sell, C. D. Free man, representing Clews & Co, , entered ' tho ring and began bidding for 1,000,000 bushels. It was like oil on the troubled waters. A friend in need had come to the rescue, and the excitement was allayed just as it was Mon day in the coffee market by the bold stand of O'Donohu) & Son and Crossman & Co. The result was a recovery of Scents in June prices, and a 'marked advance in July before 11 o'clock. But it was a wild half hour, and in the temper of the crowd was likely to ba renewed at any moment during tho day. The market was even more excited in the after noon than in the morning. The wheat pit was crowded all day, and the utmost feverishness existed from the opening to the close, for no one know how soon or un expectedly the Chicago disaster might affect the New York market disastrously. It is considered remarkable that even a greater decline in prices here was not occasioned. It is understood here that Rosonfold's losses are about $2,0'JO,000, and -tho entire loss jn Chicago not much short of $0,000,000. There is no apprehension of serious trouble to any New York hous?. Four Fullures In Milwaukee. ' Milwaukee, Wis., Juno 15. There wai rnoro excitement here Tuesday whon tho news from Chicago arrived than has been witnessed for years. There were no buyers for July wheat and a tumble in prices liegan which did not stop until four firms had laid down under their loads. The unfortunates were: HilL Flortzheim & ' Co., t Milwaukee representatives of C. S. Kershaw, of Chicago; Wilson Broa ; Hooker, Crittenden & Co., and Joseph Wild, a .small, broker. There were other heavy losers among the bro kers, and further trouble is anticipated. Rewards for Apache Heads. Sait Francisco, June 13. A special from Nogales, A. T., states that tho governor of the state of Sonora has offered a reward of $500 for the head of each hostile Apache Indian. ITEMS OF GENERAL INTEREST. Tennessee will rote on a prohibition amend ment to the state constitution in September. The campaign has already opened, and prom ises to bo closely contested. Miss Minnie Jones, daughter of a retired banker of Pittsburg, and a niece of Walter Q. Gresham, has made a sensation in polite cir dee of that city by eloping with Lieut Alfred M. Fuller, of the United States army. The latter, who is a West Pointer, went to Chi cago with his bride to spend the honey moon, James Thorington, for many years a prom inent Iowa politician, died In New Mexico Sunday. ' ' In the 100-mile bicycla race run Monday on the public roads near Crawfordsville, In A, Rhodes won in 7 hours 57 seconds, Crocker coming in second. Jonathan Clark, of Elkhart, Ind., brought suit against Dr. Jackson in 1881, to recover $100,000 lost in a Chicago wheat deal. Tha case was dragged through tho Indiana courts, but was decided Tuesday in favor of the de fendant " The strikers at the Pennsylvania Salt works at Natrona, Ta., were served with write Tuesday ordering them to vacate the company's house on or before the first Mon day in July. The alternative Is eviction. The steamer Daniel Drew, on the Hudson river, last week began the custom of tollirjg her bell as she passes Gen. Grant's tomb, DISCIPLES OF HERR MOST. THE ADVOCATES OF THE DYNAMITE BOMB GIVE A PICNIC To Rle Funds for the Condemned Chi cago Anarchists Wild Times During the Day An Attempt to Murder a Police man Who Came on the Grouuds A Number of llroken Heads. Jersey City, June 13. A desperate affray took place Sunday afternoon at Conrad Schneidor's Oak Cliff park, in Union town ship, New Jersey. The pork was engaged for the day by the Socialists, who assembled about 2,000 strong to hoar addresses by Most and Braunschweig. Tho park was decorated with Japanese lanterns and red flags, and a vast quantity of beer was tapped. Each of the Socialists invested 25 cents in a ticket, which admitted him to the grounds and en- GETTING THE WORTH OF THE QUARTER, titled him to 6ix glasses of beer. The proceeds of the picnic, it was announced, were to be Used to obtain a new trial for tho condemned Anarchists in Chicago. About a . dozen swarthy Bohemians were in charge of the park gate and closely scanned all comers. They denied admission to all whom they suspected of being reporters or detectives. Soon after noon Bernard Winn, a ' laborer living in Guttenburg, attempted to pass through the woods, as was his custom. He was seized by several of the Socialists, and as saulted when he declined to answer their in quiries. Winn managed to break away, and escaped by jumping over the fence. Later in the afternoon a game of base ball was com menced on the adjoining grounds by tho Mon itor club, of New York city, and a nine from Danbury, Conn. Several hundred ' men and boys were witnessing the game. Winn re turned to the picnic grounds and scaled , the fence, but had scarcely done so when the So cialists, many of whom were armed with clubs, swarmed around him. Winn drew a revolver, but was disarmed before he could use it, and was horribly beaten.' When his assailants thought him sufficiently punished they hurled him bodily over the fence. Chanceman William P. Willburger, of the Hoboken jKtliee, tried to rescue Winn, but was himself assaulted. The out- THE ATTACK ON OFFICER WILLBURGER. cries attracted . the attention , of the crowd on the baso ball grounds and the be gan hurling stones at the picuickors. A gen eral melee ensued, during which a dozen or more pistol shots were fired. Constable Jack son was struck in the arm, and a boy whoso name was not learned had two fingers shot off. - Several of the Socialists were struck with stones and pandemonium reigned. Will burger was dragged by the excited throng of Socialists, who yelled "Hang him !" and simi lar criea While the uproar was at its height Justice of the Peace Walker and three consta bles appeared. The justice was admitted, but the constables were compelled to remain out side tho gates. An excited throng surrounded them and threatened them. Justice Walker, after a long parley, secured Willburger's re lease. He presented a frightful appearance. II is head was cut open in three places, and he was covered with blood. Constable Patrick Timmony, of Weehawken, was also beaten, and feveral other men wera roughly handled. Reception to (Jen. Terry. Bridgeport, Conn., June 14. Maj. Gen. Alfred II. Terry arrived here Tuesday morn ing from New York, no was met at tho depot by Gen. S. R. Smith and several staff officers of tho Fourth regiment Connecticut national guard and escorted to the rooms of the .Snnsidfl cluh. whfrfl reception was hold. r&?i(WwGen. Terry is on his pSggway to New Haven '-jto tako part in the gkn. terry. dedication of the soldiers' monument at that place on Friday. Cora Lee's Trial Uogun. ' Springfield, Ma, Juno 14. The trial of Cora Lee for tho murder of Sarah Graham began here Monday morning. .The attend ance is large, and inquiries from many parts of the country show that interest in the case has not subsided, although it is not as intense as whon tho parties charged with the crime were first arrested. The Jury was secured without difficulty. The only new evidence developed was whon It. P. Norman testified to meeting the evening of Sept 80, a tall veiled woman driving the Molloy pony in the direction of Springfield. It is understood that the defendant will go upon the stand be fore the trial closes, when a dramatic ard sensational time may be expected. Judge Bland is presiding. FIRES AND OTHER ACCIDENTS. In the United States diOing the last five months property to the value of $135,000,000 has been burned. Last year tho car-coupler killed 450 brake men, crippled for life 4,983, and painfully in jured 3,7J0. Total killed and wounded, 18,300. Five men were killed and many injured by the explosion of a dynamite cartridge in the Tennessee Coal, Iron and Railroad company's mines at Inman, a fow miles from Chatta nooga, The victims were nearly all English. Dannie Sullivan, of Boston, jumped on a low shed to get a ball the other evening and stumbled over two electric light wires, thus completing a circuit, and sending a tremen dous current of electricity through his little body. When found he was dead ; his clothing was burning, and the flesh in contact with the wires was burned to a crisp. Two meti were killed and two shockingly mutilated In the Mill Creek mine of the Dela ware & Hudson company, Tuesday, at Wilkes barre, Pa, In the same mine a roan woe killed Monday, and the regular hands would uot go to work the day after, as the accident had occurred on the 13th of the month. TALKING TO THE JURY. . The Chicago "Hoodie Trial Reaches tho Stage of Eloquence. Chicago, June 10. Wednesday in the "boodle" trial was taken up by Lawyer For rest with a speech in defense of his clients, McGarigle and McDonald. The two defend ants were very attentive to their counsel's re marks, as was also Mike McDonald, Ed's brother, and Commis sioner "Buck" Mo Carthy. Mr. Forrest said there was no evi dence of a conspiracy to defraud the county, and that it was ad mitted that the coun ty had not been actu ally defrauded. Ho then turned his atten tion to the evidence for the prosecution, william forrest. and argued that in no court in tho United States or England was testimony of an informer of any value' unless corroborated, lie declared that in this case no corroborat ing evidence . had been presented; that Nic Schneider, a confessed perjurer and ras cal, was unworthy of belief, and, that citizens against whom not a word had ever before been uttered - should not be convicted on his unsupported testi mony. He made a neat point upon the pur chase of Schneider's vouchers by KHehm, McGarigle and Mc Donald at 80 cents on the dollar. If the case set up by the state was good these vouchers ED M'CONAtD. were not worth the paper they were printed on, and was it credible that business men like the defendants would have risked their money buying vouchers that might be worth nothing) . Mr. Forrest concluded his speech during the afternoon, and was followed by Mr. Hardy, ' also for the defense. .The arguments were continued until 0 p. m., at which time Mr. Furthmann, for the prosecution, took the flOCv ' ' LEGISLATIVE PROCEEDINGS. Michigan Legislature. Lansing, Mich., Juno 10. The senate passed the university appropriation bill over the governor's veto Thursday, and killed the graded faro bill. . The general stenographer bill was defeated in the house. All the lead ing state institutions have now got their ap propriations. Lansing, Mick, Juno 1L Tho concurrent resolution accepting the tender of $15,000 by congress for an experimental agricultural farm has been adopted by both houses of tho legislature. A bill providing that boys who are habitual truants may bo sent to the re form school between the ages of 8 and 16 was passed Friday by the house; also the -Monroe banking bill. Tho senate defeated the 2-cent railway fare bill, and tho proposal for cheap 1,000-mile tickets. This probably defeats this kind of legislation. Both houses adjourned until Monday. Lansing, Mich., June 14. Both houses convened Monday night, but remained in session less than thirty minutes. The house was without a quorum and at once adjourned. The senate transacted routine business and concurred in house amendments on tho Mon roe banking bill before adjournment. Lanslng, Mich., June 15. The local option bill wa3 reported to the senate Tuesday and made special order for Wednesday, The houso was in . committee nearly all day and killed tho bill for minority representation. The senate passed the appropriation of $00, 000 for a new state normal school building and $39,000 for the fish commission. The senato killed the resolution for adjournment June 20. Lansing, Mich., June 16. The bill pro hibiting the bucket shop in this state has passed both houses and is one of the most stiingeat measures ever drafted. The Mar shall liquor bill was favorably reported to the senate Wednesday, which passed the Burr local option bill. It now goes to the governor. Lan sing was made headquarters of the advisory board of pardons by a bill the houso passed, and which has already parsed the senate. ' It changes the pardon law considerably. The houso also passed a bill to punish and prevent offenses against chastity OHIO POLITICS. A Movement to Nominate Congressman 1'oran for Governor. Columbus, Ohio, June 14. Some two months ago Congressman Foran wrote a let ter for publication in which ho positively de clined to allow the use of his name in connec tion with the gubcmational nomination, claiming he could not afford to be fi, candi date, and that he would retire from politics at tho conclusion of his present term in con gress. It was developed Monday through a pretty reliable source that Foran has agents in about every congressional district in the etate who are working for his nomination, and it has created a considerable flurry among Democrats who. have been favoring the can didacy of T. E. Powell and Judge A. G. Thurman. It is claimed by those who are in position to know that tho Thurman move ment has been operated for the purpose of turning tho strength over to Foran, and his relations with the labor elemont are of such a character that it is not likely ho can be de feated by any of the other candidates who have been mentioned. The Republicans, and especially Governor Foraker, are doing all they can to defeat tho movement for Foran in advance. BLAZES IN ST. LOUIS. Many Horses and Mules Roasted In- llurn Ing Stables. St. Louis, Mo., June 14. The stables of the Lafayette' Brewing company, corner Cass avenue and Eighteenth street, were burned Monday morning; and the stables of the Mound City Street Car company, on Glasgow and Jefferson avenues. In the lat ter fire 815 mules wore destroyed, together with their harness, but the cars wereaved. A half-dozen valuable draft horses were burned in the brewery fire, the loss being about $2u,000. The Street Car company's loss will exceed $50,000. Havenieyer's Heavy Loss. New York, June VS. The Ilavetneycr Sugar refining company's sugar bouses at Commercial street and Newtown Creek, Green Point, L, L, were destroyed by fire Saturday morning. The buildings, which covered nearly a half an acre of ground, wero of brick, and were six, eight, and ten stories in height. The total loss on the buttings Li $ion,(JUO. and on the stock and machinery $1,150,000. The property was insured for a large sum. . Soldiers Attack Civilians. " Dvblix, June 14. A riot occurred at Ath lone Monday between soldiers and civilians, in which many of the latter were ' injured, some of them severely.' The soldiers ' became infuriated and demolished several houses in order to rmch and wreak vengeance upon their occupant A Much Married Woman . Mrs. Fowler, of this city, was mar ried last January to her sixth hus band, and strange an it may seem,' five of them died exactly two years from their marriage day. Her pres ent husband has been sick for the last four months with chronic jaundice, and was given up by four of our best physicians; as a last resort he began using Sulphur Bitters, and yesterday told our reporter that they bad saved his life, smiling saying that he gness ed Mrs. Fowler would be unable to take a seventh better half for some time to come. Exchange. The State Republican: Mr, 'Powder ly is declaring that under no circum stances will he. accept another term as the head of the Knights of Labor organization. If so it wil be more their loss than his. But the worry, the constant intrigue, opposition, schemes and troubles that continually assail that position, are enough to make one who has carried its re sponsibilities so long and successfuly as he has yearn for an honorable retirement. Besides there is the doubt of the future,' whether " the or ganization has not reached its height, henceforward to decline; and, should that be its future, whether it is not wiser for him to step out at the top of the hill, so that no successor - can get any higher, rather than cantinue on and peter out at the bottom. The Courier Journal has discovered the fact that the crow lives to be ioo years old. He has been eaten so often down in Kentuckey that we didn't suppose he could live out half his days. $300 Per Dozen, .A.T MOORE BROS. Everybody Joes, so we must. FARMERS! NOW IS YOUR In Order to te Room for Our Pumps, for the next few days we will sell AGRICULTURAL IMPLEMENTS AT Every Farmer is Invited to Remember the fclace Brick Hotel. HARTSHORH. HYSEUAHDER CO. FUiimnwiiaiE ; Do you want any FURNITURE this Spring ? IF SO, CALL AND SEE OUR LATEST STYLES. IF NOT, COME AND SEE OUR TOCEI AND TELL YOUR NEIGHBORS ABOUT OUR Low Prices & Good Goods. Everything from a BABY GAB to the Highest ; Priced BEDROOH and PARLOR SUIT. Undertaking and Picture Frames a Specialty. WOODARD WASHINGTON STREET. INSURE IN. THE Mutual Life Association OF MICHIGAN. home office: ST. JOHNS,. MICH. Kcasons why you should Insure la the Mnlual Lire Association oi juicwguu-. First That this Company have com plied with all the requiuments of the law, of tho State of Michigan, making it a first class Company. . . A . . Second That It is cheaper rates, and that j'ou get every jlollar you insure for. rr Tl.t li!a . rvkmnnttv Tilk A nfl l ill Kll l lin b win ... . hazardous risks, and all applications for Insurance must ho accompanied ly a cer tificate from a competent physician. Fouiith That it is not a graveyard insurance. This company will not insure any person over C3 years of nge. A. B. Pit AY, Agent, ' For Oicoswand Vicinity. Headquarters at N. M. PRAY'S Jewelry Store, Ho. 2 Bank Block, Owosso. A cook can change his pots, a leopard can not. PURE DRUGS, nriiddistft' -- Siinririfis UU DYES, PATENT MEDICINES, A Full Stock, AT BOTTOM PRICES. DR. G. A. OSDORN, Main St.. Owosso.- CHANCE TO call and see and get Prices. Building just west of National & NORTH, OWOSSO. MICH.