Newspaper Page Text
THE PRESIDENT CALLS FOR
. COLD BONDS. k GRATE FINANCIAL CRISIS IS ON. The Nation' Credit Endangered by the Present Unsatisfactory Condition of the Currency All Parties Strong ly Appealed to for Help to Sate the Country' Fi nancial Credit. Washington, Jan. 29. The presi dent to-day sent to congress the fol lowing special message on the finan cial question: To the Senate and House of Repre sentatives: In my last annual mes sage I commended to the serious con sideration of congress the condition of our national finances and in con nection with this subject indorsed the plan of currency legislation which at that time seemed to furnish protection against impending danger. This plan has nat been approved by congress. In the meatime the situation has so changed and the emergency now appears so threatening that I deem it my duty to ask at the hands of the legislative branch of the government such prompt and effective action as will restore confidence to our finan cial soundness and avert business dis aster and universal distress among our people. Whatever may be the merits of the plan outlined in my annual message as a remedy for 111b then existing and as a safeguard against the depletion of the gold reserve then in the treas ury, I am now convinced that its re jection by the congress and our pres ent advanced stage of financial per plexity necessitates additional or dif ferent legislation. ALL PABTIKS EQUALLY CONCERNED. With natural resources unlimited in ' varied productive strength and with a people whose activity and enterprise seek only a fair opportunity to .achieve national success and great ness, our progress should not be -checked- by a false financial policy and a heedless disregard of sound monetary laws nor should the timid ity and fear which they engender stand in the way of our prosperity. It is hardly disputed that this pre dicament confronts us to-day. There fore, no one in any degree responsible for the making and execution of our laws should fail to see a patriotic duty in honestly and sincerely at tempting to relieve the situation. Manifestly this effort will not suc ceed unless it is made untramineled "by the prejudice of partisanship and with a steadfast determination to resist the temptation to accomplish party advantage. We may well remember that if we are affected with financial difficulties all our peo ple in all stations of life are con cerned and surely those who suffer will not receive the promotion of party interests as an excuse for per mitting our present troubles to ad vance to a disastrous conclusion. It is also of the utmost importance that we approach the study of the ?iroblems presented as free as possible rom the tyranny of preconceived opinions to the end that in a common danger we may be able to seek with unclouded vision a safe and reason able protection. LACK OF CONFIDENCE WIDESPREAD. The real trouble which confronts us is a lack of confidence, widespread and constantly increasing, in the con tinuing ability or disposition of the government to pay its obligations in gold. This lack of confidence grows to some extent out of the palpable and apparent embarrassment attend ing the efforts of the government, un der existing laws, to procure gold, and, to a greater extent, out of the impossibility of either keeping it in the treasury or fulfilling obligations by its expenditure after it is obtained. The only way left open to the gov ernment for procuring gold is by the issue and sale of bonds. The only bonds that can be issued were author ized nearly twenty-five years ago, and are not well calculated to meet our present needs. Among other disad vantages, they are made payable in coin instead of specially in gold, which, in existing conditions, detracts largely and in an increasing ratio from their desirability as invest ments. It is by no means certain that bonds of this description' can much longer be disposed of at a price cred itable to the financial character of our government. The most dangerous and irritating feat'ire of the situation, however, re mains to be mentioned. , It is found in the means by which the treasury is despoiled of the gold thus obtained without cancelling a single govern ment obligation and solely for the benefit of those who find profit in shipping it abroad or whose fears in duce them to board it at home. WEAKNESS OF PRESENT METHODS. We have outstanding about $500, 000,000 of currency notes of th gov ernment for which gold may be de manded, and curiously enough the law requires that when presented and in fact redeemed and paid in gold they shall be reissued. Thus the same notes may do duty many times in drawing gold from the treasury, nor can the 'process be arrested as long as private parties who profit by it or otherwise see an advantage in repeating the operation. More than 9300,000,000 of these notes have al ready been redeemed in gold and, not withstanding such redemption, they are still outstanding. Since the 17th day of January, 1394, our bonded interest bearing debt has been 'increased 1100,000,000 for the purpose of obtaining gold to replen ish uur coin reserve. Two issues were made, amounting to $50,000,000 each one in January and the other in November. As a result of the first issue there was realized something more than $59,000,000 in gold. Be tween that issue and the succeeding one in November, comprising a period of about -ten- months 711 earix; $103,'ti00;d00" in " gold were" drawn from the -treasury. ' This1 made the second, issue , necessary ma'd upon that more than $58,000,000 in gold was realized. Between the date of this second issue and the present time, covering a period of only about two months, more than $79,000,000 in gold were expended without any can cellation of government obligations or in any permanent way benefiting our people or improving our pecuniary situation. CONDITIONS OF DEEPEST GRAVITY. The financial events of the past year suggest facts and conditions which should certainly arrest atten tion. More than $173,000,000 in gold have been drawn out of the treasury during the year for the purpose of shipping abroad or hoarding at home. While nearly $103,000,000 . of the same were drawn out during the first ten months of the year, a sum aggregating more - than two-thirds of that amount,' being about $79,000,000, was drawu out dur ing the following two montlK thus indicating a marked acceleration of the depleting process with tho lapse of time. ' The obligations upon which this gold has been drawn from the treasury are still outstanding and are available" for use in repeating the ex hausting operation at shorter inter vals as our perplexities accumulate. Conditions are certainly supervo n ing to make the bonds which may be issued to replenish our gold less use ful for that p"urpose. An adequate gold reserve is in all circumstances absolutely essential to the upholding of our public credit and to the maintenance of our high na tional character. Our gold reserve has again reached such a stage of diminution as to require its speedy re inforcement. ALL CLASSES EQUALLY INTERESTED. The aggravations that must Inevit ably follow present conditions and methods will certainly lead to mis fortune and loss not only to our na tional credit, but to those of our peo ple who seek employment as a means of livelihood and to those whose only capital is their dally labor. It will hardly do to say that a sim ple increase of revenue will cure our troubles. The apprehension now ex isting and constantly increasing as tc our financial ability does not rest upon a calculation of our revenue. The time has passed when the eyes of investors abroad aid our people at home were fixed upon the revenues of the government Changed conditions have attracted their attention to the gold of the government. There need be no fear that we cannot pay our current expenses with such money as we have. There Is now In the treas ury a comfortable surplus of more than $03,000,000, but It Is not in gold and therefore docs not meet our dif ficulty. I cannot see that difference of opinion concerning the extent to which silver ought to be coined or used in our currency should interfere with the counsels of those whose duty it is to rectify evils now appar ent In our financial situation. They have to consider the question of na tional credit and the consequences that will follow from its collapse. NOT A QUESTION AS TO SILVER, Whatever Ideas may be Insisted on as to silver or bimetallism, a proper solution of the question now pressing upon us only requires a recognition of gold as well as silver, and a conces sion of its importance, rightfully or wrongfully acquired, as a basis of national credit a necessity in the honorable discharging of our obligations paya ble in gold and a badge of solvency. I do not understand that the real friends of silver desire a condition that might follow inaction or neglect to appreciate the meaning of the pres ent exigency, if it should result in the entire banishment of gold from our financial and currency arrangements. Besides the treasury notes which certainty should be paid in gold, amounting to nearly 500 millions of dollars, there will fall due In 1904, 100 millions of bonds issued during ths last year, for which we have re ceived gold, and In 1907 nearly 000 millions of 4 per cent, bonds issued in 1867. Shall the payment of these obligations in gold be repudiated? If they are to be paid In such a manner as the preservation of our national honor and national solvency demands, we should not destroy or even imperil our ability to supply ourselves with gold for that purpose. While I am not unfriendly to silver, and while I desire to see it recognized to such an extent .as is consistent with financial safety and the preserv ation of national honor and credit, I am not willing .to see gold . entirely banished from our currency and finances. To avert such a conse quence I believe thorough and radical remedial legislation should be'promDt ly passed. I therefore beg the con gress to give the subject immediate attention. LONG TERM GOLD BONDS ADVISED. In my opinion the secretary of the treasury should be authorized to is sue bonds of the government for the purpose of procuring and maintaining a sufficient gold reserve and the re demption and cancellation of the United states legal tender notes and the treasury notes . issued for the purchase of silver under . the law of July 14. 1890. We would be relieved from the humiliat ing process of issuing bonds to procure gold to be immediately and repeatedly drawn out on these obli gations for the purpose not related to the benefit of our government or our people. The principal and inter est of these bonds should be payable on their face in gold, because they should be sold only for gold or its representative and because there would now probably be difficulty in favoratiy disposing of bonds not con taining this stipulation. I suggest that the bonds be issued in denominations of $20 and $50 and their multiples, and that they bear interest at a rate of not exceeding 3 per cent per annum. , 1 do not see why they should not be payable fifty years from their dates.- We of the present generation have large amounts to pay If we meet our obli gations and long bond are most sala ble. The secretary of the treasury might well be permitted at his dlscre- TSan. tft-tftcelve- on -the sale of bonds the legal tender and treasury notes to be retireS; jiHd,fo-cdur8e''nvlien they are thus retired or redeemed in gold they should be' cancelled. JThese bonds under existing' laws could be deposited in national banks as security for circulation up to the face value of these or any other bonds so deposited except bonds outstand ing bearing only 2 per cent interest and . which sell in. the market at less than par. SUGGESTIONS AS TO LEGISLATION. National banks should not be al lowed to take out circulating notes of a less denomination that $10, and when such as are now outstanding reach' the treasurer, except for re demption and retirement, they should be. canceled and notes of the denom ination of $10 and upwards issued in their stead. Silver certificates of the denomination of $10 and upwards should be replaced by certificates of denomination under 810. .. As a constant means for tho main tenance of a reasonable supply of gold in the treasury our duties on imports should be paid in gold, al lowing all other duties to the govern ment to be paid in any other form of money. I believe all the provisions I have suggested should be embodied in our law if we are to enjoy a complete re instatement of a sound financial con dition. They need not interefere with any currency scheme providing for the Increase of the circulating medium through the agency of notional or state banks since they can easily be adjusted to such a scheme. Objection has been made to the is suance of interest bearing obliga tions for the purpose of retiring the non-interest bearing legal tender notes. In point of fact,however, these notes have burdened us with a large load of Interest and it is still accumu lating. The aggregate interest on the original bond issue, the proceeds of which in gold bonds, constitute the reserve for the payment of these notes, amounted to $70,320,350 on January 1, 1895, and the annual charge for interest on these bonds and those issued for the same pur pose during the last year will be $9,145,000 dating from January 1, 1895. DETERMINED TO SAVE THE CREDIT. While the cancellation of these notes would not relieve us from the obligations already incurred on their account, these figures are given by way of suggesting that their exist ence has not been free from interest charges, and that the longer they are outstanding, judging from the experi ence of the last year, the more ex pensive will they become. In conclusion 1 desire to frankly confess my reluctance to issuing more bonds in present circumstances and with no better results than have late ly followed that course. I cannot, however, refrain from adding to an assurance of my anxiety to co-operate with the present congress in any reasonable meas ure of relief an expression of my determination to leave nothing undone which furnishes a hope for improving the situation or checking a suspicion of our disinclination or dis ability to meet With the strictest honor every national obligation. Groveb Cleveland. The Executive Mansion, January 28, 1895. NEW FINANCIAL BILL. A Bill to Carry Out the President' Suggestions Laid Beforo the Home. Washington, Jan. 29. Chairman Springer of the banking and currency committee of tho house has intro duced a bill to carry into effect the recommendations of the president's message, and has notified his commit tee to meet to-morrow morning to consider the bill. It is as follows: An act to authorize the' secretary of the treasury to issue bonds to main tain a sufficient gold reserve and to redeem and retire United States notes, and for other purposes. Be it enacted by the senate and house of representatives of the United States of America in congress assem bled, that, in order to enable the sec retary of the treasury to procuro and maiptain a sufficient gold reserve and to redeem and retire United States legal tender notes and treasury notes issued under the act of July 14, 1390, entitled "An act direct ing the purchase of sil ver bullion and the issue of treasury notes thereon, and for other purposes," he is hereby authorized to issue and sell at not less than par in gold, except as provided in a section of this act, United States registered or coupon bonds, in denominations of $20 and of $50 and multiples of said sums respectively, payable fifty years after date in gold coin of the United States of the present weight and fine ness, and bearing interest at a rate not exceeding 3 per cent per annum, -payable quarterly in like coin; and such bonds and the interest thereon shall have like qual ities, privileges and exemptions as the bonds issued under the act ap proved. July 14, 1870, entitled, "An act to authorize the refunding of the national debt" - Such bonds may be sold and delivered in the United States or elsewhere as may be deemed most advantageous to tho Interests of the government Section 2 That whenever any other legal tender notes or treasury notes shall be redeemed in gold they shall be cancelled and not reissued and the secretary of tho treasury is hereby authorized in his discretion, to re ceive United States legal tender notes and treasury notes. Issued under the aforesaid act of July 14, 1890, in pay ment for any of vhe bonds issued un der the preceding section of this act and the notes so received shall bo cancelled and not reissued. Section 3 That hereafter national banking associations may take out circulating notes in the manner now provided by law, to an amount equal to tho par value of bonds deposited to secure the same. But this provision shall not apply to any bonds now out standing bearing interest at the rate of 2 per cent only. Section 4 That hereafter no nation al bank notes of a less denomination than $10 shall be Issned and as rapidly as such notes of denominations less than $10 shall be received into the treasury, otherwise than for redemp tion and retirement, they shall be can celled and an equal amount of notes of like character bat in denomina tions of $10 and multiples thereof shall be Issued in their places. All silver- eertificates now outstanding, in denominations more than $10, shall,' Wlien'received Into the .treasury of the United States, be retired and canceled and silver certificates in de nominations less than $10 shall be is sued in their stead. . Section 5 That from and after the first day pf Jnly, 1:195, all duties on imports shall be paid in gold only and all taxes, debts and demands, other than duties on imports, accruing or becoming due to the United States, shall be paid in gold and silver coin, treasury notes, United States notes, silver eertificates or notes of national banks. Section ft That all lav s and parts of laws inconsistent with the pro visions of the preceding sections be and they are hereby repealed; and a sum sufficient to carry the provisions of this act into effect be and tho same is hereby appropriated out of any money in the treasury not otherwise appropriated. la the house the message and bill were referred to the committer on banking and currency, and in the sen ate the message was referred to the finance committee. Another Big Gold Withdrawal. New York, Jan 29. Engagements of gold to-day for export aggregated $3, 500,00a - A DIVORCED MAN'S REVENGE. Farneer Hardwick Kill HI Kr.-Wlfe Brother and End HI Lite. Mexico, Ma, Jan. 28. Daniel Hard wick went to the house of James Ward, four miles south of here, yes terday and called the latter to the fence. After a few words Hardwlck drew a revolver and shot Ward three times in the heart He died Instantly. Hardwick then ran down the road a short distance and shot himself in the head. He lived only a few hours. - Last Thursday Mrs. Hardwick was granted a divorce in the circuit court on the ground of non-support and brutal treatment She was a sister of the murdered man, and Hardwick claimed that her affections bad. been alienated from him by her folks, espe cially James, This is supposed to be the reason ho committed murder and suicide. TWO REGIMENTS RELIEVED. The Brooklyn Strike Rapidly Drawing; to an End Striker 8tlll Hopeful. Brooklyn, N. Y., Jan.29. So peace ful is the situation here to-day 'that the authorities have relieved a por tion of the militia from duty, per mitting the Seventh and Seventy-first regiments and the First battery to return to New York. The number of cars run to-day is reported to be 434, the usual number being 1,000. It is alleged that twenty of the strikers went back to work for the Brooklyn Heights company to day. The managers of tho strike profess to believe that the companies will yet be obliged to make terms. An Innocent Man Long; Punlahed. Jefferson City, Mo., Jan. 29. Gov ernor Stone Issued a pardon to-day to Willis Burns, colored, of Randolph county, who has been In the peni tentiary since 1888 serving a twenty five year term for alleged criminal assault upon Annie White of Moberly, Recently the woman died. She made a death bed confession in which she swore Burns was not guilty but had been convicted on perjured testimony. France's Last Marshal Dead. Paris, Jan. 23. Francois Certain Caurobert, the last field marshal of France, died to-day after a long ill ness. The rank was instituted as far back as the year J 185, since when there have been 324 marshals of France, sixty-seven of whom were ap- Eointed during the present century, uf. Canrobert, sturdy old warrior that ho was, outlived them all. Swallowed Diamond. Leavenworth, Kaa, Jan. 29. Charley McCarthy, a gambler and ex convict, last night robbed Samuel Usher of Lawrence of a $500 diamond stud while Usher and a party of friends were in a saloon here. Mc Carthy was caught but swallowed the stud. He is confined at the city jail and Sergeant Spickens and a doc tor are in attendance. Twenty Ihouaud Awarded. Little Rock, Ark., Jan. 29. The jury in the case of Mrs. Sarah O. Spencer vs. the St Louis, Iron Moun tain and Southern railway brought in a verdict awarding $20,000 damages to her. She claimed $100,000 for injuries received in an accident at Texarkana May 24 last She is crippled for life. Severe Cold In Oklahoma. Hennessy, Ok., Jan. 29. The tem perature .was below zero last night Much suffering prevails among settlers in the Cherokee outlet, many of whom are unable to Erocure sufficient protection. Snow' as fallen to the depth of three inches and has drifted several feet high. Altg-eld a a Labor Leader. St Louis, Ma, Jan. 29. The state ment is made by a labor lead er that the position of presi dent of the Universal Labor union, which is now in process of organiza tion, would be tendered to Governor John P. Altgeld of Illinois within the next few weeks. Leavenworth' Mayor Burned Out. Leavenworth, Kan., Jan. 29. Mayor Samuel Dodsworth's printing and binding establishment was badly wrecked by fire at 7 o'clock thia morning. Loss about $5,000, covered by insurance. NEWS NOTES. The department of agriculture will ship mail sacks of garden and field seeds to Nebraska sufferers. Clans Spreckles, the Hawaiian American all-round sugar king, has branched out as an anti-monopolist and is fighting the Pacific railways. The Guatemalan colony in New York is said to be preparing to fur nish their country its sinews of war with Mexica Milton E Matson, In prison at San Jose, CaL, for issuing forged checks, tarns out to be a woman. She has masqueraded as a man for sixteen years , PRESIDENTIAL STRAWS FO THE NEXT CAMPAIGN, . OPINIONS FROM ALL OYER THE LAND At the National Capital the Preponder ance of Sentiment I for Tom Reed Ohio I for HeKlnley and In ' dlana for HarrUon HeKln ley Second Choice of a Great Many. Cincinnati, Ohio, Jan. 29. The Commercial-Gazette prints two pages of preferences for the next Republi can nomination for president from representative Republicans all over tho country, and especially from Ohio, Indiana, . Kentucky, West Virginia, New York and Wash ington city. In its summary it says: "Ohio is for McKinley and Indiana for ex-President Harri son. New York hardly knows where she stands. The Republicans of the Empire state are holding off, in the end to either dictate the nominee, or failing in that to drive the best bar gain they can with the man they see is bound to win. One New Yorker declares himself - for ex-Governor Foraker. "West Virginia seems to be for the best man, whoever he may be; One West Virginian declares himself for Senator-elect Elktns, while several Republicans of that state express a preference for Judge Nathan Goff for second place on the ticket Governor McKinley seems to be the first choice of the Republicans of Ken tucky. ''At the national capital the pre ponderance of sentiment appears t be for Tom Reed. Attention is called to the declaration for Reed by General John Beatty of Columbus. In the Washington interviews it was sought to obtain expressions from either sen ators or representatives from every state in the union. McKinley seems to be their second choice, while Har rison, Allison and others have quite a respectable following." LEFT ENTIRELY DESTITUTE. A. Subscription To Be Taken Up for Mr. Kate Cbaie .Spragae. Washington, Jan. 2a A well known lawyer of this city writes a letter to the Post to inform tho pub lic that Mrs. Catherine Chase, the daughter of the late Chief Justice Salmon P. Chase, the divorced wife of ex-Governor Sprague of Rhode Island, Is entirely destitute. Her home was sold last week under a deed of trust for just enough to cover the mortgage and costs, although it is worth three or four times that amount and is assessed for more than it brought. Thirty years ago Mrs. Chase was the belle of Washington, ana without a rival. It Is doubtful if there is a woman in this country who has en joyed so much admiration and so many social conquests, but the other side of her life has been very dark and few women have suffered as she has done. It is proposed to appeal to her father's old friends and admirers to subscribe a sufficient fund to en able her to spend the rest of her days in peace. AN OHIO TOWN BURNED. A Gaaotlne Exploalon Remit In the De trnetlon of Sixteen Building. Elmore, 0., Jan. 29. A fire which was started by a gasoline explosion in the kitchen of the American hotel at 7:30 o'clock last evening destroyed the principal part of the business portion of the town, and at least two lives have been lost A strong wind was blowing at the time the fire started, and the American hotel was soon a mass of flames. Two girls employed in the hotel, Maggie Flynn and Mary O'Malley, were hemmed in by the flames, and were forced to jump from a second story window. Miss O'Malley was fatally burned and cannot live. Miss Flynn was seriously hurt and it is believed she will die. Sixteen buildings in all were destroyed. THE INCOME TAX. Member of Congress Gratified at the Outlook for Revenue. Washington, Jan. 29. Members of congress who believe in the income tax as an equitable method of raising revenues are gratified at the unexpectedly good showing of the preliminary canvass made by the coller'w. of internal revenue at the direction of Secretary Carlisle. They believe that the greater tho amount realized from the tax the more popular It will become and the more firmly rooted as a part of the policy of the government Eight Thousand Hen Idle. Wilkesharak, Pa., Jan. 29. All the collieries of Lehigh and Wilkesbarre coal company will be idle during the coming week. Eight thousand men will be without employment Super intendent Lowell says the coal trade was never known to be so dull. Destitution In Wisconsin. Grantsbcro, Wis., Jan. 29. Reports from the town of Rusk, this county, confirm the news of terrible suffering and starvation In that town. One fifth of the people are without prop er food, and a large number of them have not a pound of flour in the house. rough! a Duel With PUtoU Rinton, W. Va., Jan. 29.-M. F. Wykoff and Fred Nihoof. an engineer, fought with pistols and Nihoof re ceived a fatal wound. Wykoff found Nihoof at his home in the parlor with his wife. Wykoff was arrested and is in jalL He was also shot In the leg. PopollsU Oat for 1S9S. Topeka, Kan., Jan. 29. The Popu list state central committee will open headquarters in Topeka about the middle of February, and enter at once upon the campaign of 1893 and THE MAFIA FN NEV. ORLEANS. The Society Ha Again Began Opera tion In the Creeeeat City. New Orleans, Jail, Jan. 29. The Italian Mafia has again begun opera tions ia this city. " The murder of the Italian,. Tony Chiseai of Chicago ia the Italian, quarter of the city Wed- ' nesday morning, was followed jester day by a letter from th MaJIa to one of the wealthiest Italians ia the city, demanding $2,000 o pala at as sassination. Chlsesi was marde-red to wipe out a debt which he bad against two members of the asaoeuv tion, one of them who had just served; a term in the penitentiary. The- mur derers fled to Thibodoaux, about seventy miles from the oity, and have so far eluded capture. The letter demanding money was to A. Montelone, a large shoe manufacturer, and. one of the -wealthiest Italians in the oity. The letter demanded that he go to Don aldsvlUe, in the' same section of the state as Thlbodeaux, and place $3,000 behind a tree in' the woods, which would be known by a- red. rag hang ing from one of the limbs. It stated that the woods would be closely watched and advised that no police be brought to the scene. It threatened assassination in case the police were notified. Montelone was;-' very much frightened, but finally de cided to place the matter In the hands of the polloe and appeal for protec tion. The police and better class of Italians think that it is a genuine letter and that the mafia, which has been silent since the lynching,, has again sprung into existence; Alleged Train Robber Captured. Pine Bntnrr, Ark;,. Jan. 29i Con stables brought to this city and placed ia jail two young men said to answer the dewoription. of McNeill Cotton Belt train robbers. Campbell Wins the Contest. Lawrence, Kan., Jan. 29. E.. F. Campbell ' won the- contest and will represent Kansas university in the state oratorical contest His oration was "Social Coodtlons." Brookfleldi Ha a Blase. Bbookfirld, Mo, Jan. 29. The Doggett Hardware company was burned out last night Loss, $20,000; insurance, $13, 705fc The origin of the lire is unknown. Betel Destroyed by lire. . ALMA,Kan.,Jan. 2!K Fire destroyed the Commercial hotel, the oldest and one of the best of this place. Loss, $5,000; insurance, $2,000. TELEQRAPHIC NEWS NOTES, ' Marshal Canrobert, the last mar shal of France, is dying. Emperor William of Germany writes a flowery letter to "my army1' on his 36th birthday. Efforts will be made to get a hear ing on tho Ady-Martin contest case in the senate this week. .,' Ed Bennett alias Ed Clark, leader of a band of Florida outlaws, was ar rested at Wichita, Kan. The Union Pacific railroad laid off one thousand men lust week, owing to poor business, and more may be let out Missouri Valley College of Marshal has secured a legacy by the will of the late John Denny of Syracuse, Ma, of $15,000. At Rolla, Ma, Dolly Worner, 23 years of age, committed suicide in a store by swallowing ton grains of strychnine. ' Miss Bertells of near Martlnsburg, Mo., secured $3,000 judgment against Chris Marburg for breach of promise and seduction. THE MARKETS. Kansas Citt, Mo, Jn it. Whiat Cr lot by sample oa track, at Kansas City, at the close were quoted nominally as follows: No. I bard, tUiio No I bard, SOo: No. 4 hard, 49o; rejected, 48t49o: No. I red. 50J 5io; No. Ired,49a&0o No 4 red. 48o: rejected. 47a No. 3 red nominally, 5J2)o. No. 4 red, nominally, 5454a Sales by sample on track, Kansas Cly: No. t mixed corn, 44 S oars 4jo No. I mixed, nominally 4das No. 4 mixed, nomi nally 89o: No. 2 white, I ear 4I& No. rblte, nominally. 40a Can Siis-Lower; Mc$II per 100, lbs la bulk, Millit Sr,D-German. steal U40& L 64 per 100 lbs. Brs Firm: No S, nominally Mo: No. 8, 480. FLAXSEID Dull; nominally lt4LSt, aooordln to billing BRAN-Ftrm; 6S370c per owt saoked. (Jobs Chop Firm; 77SJo per owt sacked. . Hay Receipts, Si ears:.' market dull and weak. Timothy, fanoy, I1D choice. I8ij9.60; No.!, S3 saw olover, mixed, .1.503 low grade, 3 47.60: fancy prairie, to50: choice, It 7.60; No 1 K&aao. No. x, !4M(5; packing hay, W60a4W Chicago Board of Trade.. Chicago, Jan, 19 The f olio win t tabls (bow the rants of prloes for aotlre futures on the board oi trade to-day: Jan. Op-ndlHlg-t Lost 3- J&f WhxaT Jan 60 to 60 10 . 4 t May 63 13S 53 t4 Julr 64 64 Uh 64 Mf CORS- Jan 43 41 41 41 iS. Mar 4SH 4A UH 44S 44 July 4f! H 44 44i 45 OAT Jaa H H 18 Mar tH t VH Julr S FORK- Jan 10 tiV, 10 g2 10 3-! 10 3 10 40 Mar 10 7 10 71 10 67 10 67 10 86 IaABD Jaa 6 67H 9 67 162 62ft 6M Mr 7S 076 170 4 70 1 72 B. RIBS-Jan tU IIS It6 5 140 Mar 6 67 IS) 6 62 S,Vi 6 66 KANSAS CITT LIVE STOCK. Kansas Citt, Mo, .'an, 29 Cattle Re eelptt since Saturday. 4,143: Oalres, 9: ship ped Saturday, l.&fti. The market for steer nd cow wa actlre and steady to stronc, though it clo.ed weak Texas cows, feeders, calves and bulla steady Texas steer j opened 10c higher and closed dull and weak, Dressed beef and export steers. I44t0; cows and heifers, .1.60 i J 41 meal fed Texas steers, 3ttJ 96: Texas and Indian steers, 12.10 Oiol Western cows. t!7J Texa and Indian cow 11 9CX&2.10: dockers and feeders, (2 25 J 25 mixed, C 10 iJ9. 75. Hogl Receipt since Saturday, 5,230: (hip ped Saturday, 77L The market opened about 6obl:ber and lost the gain. The top wa 4 20 and the bulk was IS I to 14 for top and N 85 to 140 1 tor bulk Saturday. Sheep Receipts since Saturday, 2,434: (hip ped Saturday, 25 The quality was good. Many were Western. There was one lot of Terr good cotton seed meal fed Texas mut ton Tbe demand, was strong; ths muket actlre and 1 t30o higher. The following are representattre (ale: IM Ml... 140 4X1 fed Wat 140 mat 7 IS) iso 150 3 as 330 SM 242 fed Wst 89 It) 94 l ia loo lit IN ao lambs... 6T 1 yr M KKOT. m ini 0 Ibuek.... mi 60 lamb... 33 mul.... buck..