Newspaper Page Text
I PAYING RENT?
[ WELL, STOP IT, AND BUY A WHOMB ON THE INSTALLrtENT L PLAN. SEE THE BAROAINS ON EMERALD'S SIXTH PAOB, I ytttt m>mt« *>m'> ■ ■» mm mm VOL. XXXIX. NO. 133. PREPARATORY J- TO OUR SPRING OPENING, L fJTE ARE OFFERING A LARGE LINE OF ♦»♦♦»♦♦»»♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦»♦♦»♦♦♦ 1 mis pints t m nam i ?♦»«#»♦»♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦»♦♦♦♦♦♦♦♦♦♦♦♦»♦♦♦♦♦♦♦♦♦ AT GREATLY REDUCED PRICES. MULLEN, BLUETT I GO. OOR SPRING AND FIRST STS. Crystal palace, 138-140-142 S. MAIN ST. ON SPECIAL SALE THIS WEEK: A LINE OF FINE ENGLISH PORCELAIN CHAMBER SETS, In six-niece or ten-piece sets. We are selling them at a lower price than r ever before. WE SHOW THE LARGEST AND FINEST ASSORTMENT OF DINNER SETS In the city, at prices that cannot be beaten. CALL AND SEE THEM AND BE CONVINCED. MEYBERG BROS. A Full Hand tea winning one, an* that's the case with our. stock of Hats, Underwear, Neck wear, Hoeiery, Suspenders, etc., etc. These goods are winning adm.rat.on from crowds of buyers, who are carrying off ■> i^CN—\ tbeir selections bo constantly that It's « about sb impossible to keep tbe stock full ■ water. Our stock of Neckwear is full of Rood things though, and includes all the >> I ver> iut« 8 t novelties. Here is cheap finery, ,VLt ' no ' ' n *' 19 uounl Bense, for these ties tlrn USt ab &nf> 88 they are cliea P- There "T* are aleo plenty 01 bargains in our line of Shirts, which are reinforced back and TT% front with linen bosomß and bandit. We *' are also offering all the new cofors in "tourist" hata. nFRMOND HATTER <£ MEN'S FURNISHER JJLUITIUIIL/, 141 SOU Til SPRIW ST. Brtson.Bonclirake Block, J TTTILLIAMSON BROS., having purchased for |jT|7 x VV cash, at a very large discount, the stock of llllf * PIANOS and ORGANS carried by W. T. LJLXI ♦ Somes, are offering the same at greatly reduced prices. —, ir n/t ri tita * These goods must be sold at once to make room for Klllfl II M\ ♦ NEW STOCK from the eaßt. Intending purchasers IXO ♦ W '" We " t0 inspec,; theße bargains at' -in— t Williamson's Music Store, DT/IXTfiO I f 32T SOUTH SPRING ST. I IH Nil Ml X Largeßt stock of Musical Instruments, Sheet Music, 1 lilltV/VJI T Music Books, etc., in town. Standard and White 215 lm X Sewing Machines, and all supplies. 327 8. Spring Bt. Fred. A. Salisbury DEALER IN WOOD, COAL, HAY, W AID CHARCOAL AND THE CELEBRATED WELLINGTON COAL. No. 345 South Spring Street. Tel. 226 Hgirjcock Bax|r|i;ng;, • Wholesale and Retail bealor In lump coal And Catalina Soapstone Wall Finish. This material la Are proof, haa a beautiful tint, and can bo washed without Injury. OSce: 130 W. Second street. Tel. 38. -:■ Yard: 83g N. Main atreeL TeHO4 FINTE CARRIAGES. HAWLEY, KING & CO., -^AGENTSK- Columbus Buggy Co. New Haven Carriage Co. Binghamton Fancy Buckboards. Geneva Carriage Co., Branch Carriage Repository, 210-212 N. Main St. FARM IMPLEMENTS APOnr Main Store, 1-64-168 North Los Angeles Street. The Herald LOS ANGELES: TUESDAY MORNING, FEBRUARY 21, 1893. FROM SLEEP TO DEATH. Sudden Death of Gen. P. G. T. Beauregard. One of the Last of the Rebel Generals. His Last Honrs Spent ln Ease and Comfort. After Spending a Pleasant Evening Wit His Family He Lay Down to the Sleep That Knows No Waking. , -si \ ! By the Associated Press.] New Orleans, Feb. 20.—Gen. P. G. T. Beauregard, one of the last of the generals of the confederate military ser vice, died tonight. The first symptoms of hia fatal illness were manifested two weeks ago, when he waß attacked by a complication of diseases, which threat ened heart failure. He manifested eorne improvement under the physicians' care, particularly during the last three or four days, when he waa able to leave hie apartments and take short periods of exercise in the grounds of his resi dence. He dined with his family this evening and remained in hie library un til 9:30. He went to sleep easily and seemed resting well. One of the nurses went to his bedside a few minutes after 10 o'clock and waa horrified to find him in the death struggle. The members of the family were summoned at once, bnt before they reached the chamber the end had come. The direct cause was heart failure. The funeral will beheld Wednesday. Despite his advanced age, 75 yeara, Qeneral Beauregard had led a life of considerable activity. WHO IS ON TOP? Populists Claim to Have the Best of the Fight in Kansas. Topeka, Kan., Feb. 20.—Governor Lewelling thiß afternoon gave the Asso ciated press a statement in regard to the late unpleasantness. It is an editorial for uee in this week's issue of the Popu list papers. It ia approved by Governor Lewelling, but be does not wish it classed aa an official utterance. The statement says: The Republicans boast of having car ried the fight. The fact ia the Populiata have never lost eight of the central idea in tbe contest, the preservation of the Populist houße. It waa to destroy thie hauao, that vhe Republ.caue made tin. fight and failed. Had they succeeded it would have thwarted all reform legisla tion. They know that lawa paaaed by it are valid; that to declare otherwise the supreme court would have to revise all respectable precedenta at partisan de mands and face a wave of public indig nation unparalleled since the notorious Judge Treaailian wae followed to the scaffold by the outraged people who ex ulted at bie just but chocking execu tion. Corporate greed had determined to prevent the enactment of reform measures by the Populists. The governor then goes on to crimin ate the acta of the Republican house, intended to extinguish the house oi Populists, beginning with the attempted arrest of its chief clerk and to be fol lowed by the arrest of enough Populist members to break the quorum. Thiß, he adds, did not aucceed, and though tbe Republicana succeeded in the com promise in driving the Populists from the hall, their organization waa still in tact. Even this waa only brought about through the disloyalty of the militia and the county Bheriff. He de clares the militia had been recruited and doctored to thia end for two yearß. The unmasking of the Republican trea son, perjury and lawlessness richly com penßateß the Populists for all the indig nities suffered. NORTH DAKOTA REDEEMED. The Deadlock Broken hy the Election of a Democratic Senator. Bismarck, N. D., Feb. 20.— W. N. Roach, Democrat, waa elected United Statea Benator today. Roach was elected by a combination of Democrats and Independents, aided by aome Republicans. Roach haa been a resident of Dakota the past 12 yearß, coming from the District of Columbia. He hae stood for his party as a candidate for governor on two different occasions. He ia a large wheat grower, and waa naturally expected to draw farmer votes from toe Independent ranks. DEMPSEY REARRESTED. A New Charge Lodged Against the Homestead Poisoner. - Pittsburg, Pa., Feb. 20.—Hugh Dempsey, district master workman of the Knights of Labor, who waa recently convicted of complicity in the Home- Btead poiaoning, waa arrested again thia evening and lodged in jail, the charge being felonioua assault and battery. There ia a good deal of myßtery sur rounding the arrest and all parties con cerned refuee to talk. Must Return to Cheyenne. New York, Feb. 20.—Charles A. White, who was arrested in October last, charged with the larceny of bonds and atocke belonging to his wife, Emma J. White of Cheyenne, Wyo., must go back to Cheyenne, Judge Labombe, in the United Statea court of appeals to day, having handed down a decision to that effect. Defaulter Eno Surrenders. New Yokk, Feb. 20 — John O. Eno, a defaulting bank preeident who had been missing many years, has just surren dered himself in the United States court. He had bondßmen ready to give bail, which was fired at $20,000. His trial waa fixed for the second week in March. No Choice in Montana. Helena, Mont., Feb. 20.—Tbe sena torial ballot resulted: Mantle, 26; Clark, ID; Dixon, 12; othera scattering. EXCITEMENT IN SAN DOMINGO. Signs of ■ Revolution and an Interna tional Imbroglio. Madrid, Feb. 20.—The minister of coloniea has received a dispatch from Cuba stating that there is excitement in San Domingo, in consequence of the con cession of customs with an accompany ing grant of land to an American syndi cate. President Herreaux of San Do mingo is eaid in the Spanish advices to be fiercely denounced by the peonle, and there are all Bignß of a revolution. A Spanish war vessel haa gone there from Cuba. The telegram hints at interfer ence by the United States in the affairs of San Domingo. Spain ia now seeking information on thia point before sending a proteat to Waehington. MITCHELL'S CLARET TAPPED, A Barkeeper Sings Him With an Empty Bottle, New York, Feb. 20.—Charley Mitchell was drunk and dieorderly in Jim Wake ly's saloon this morning and the bar keeper struck him over the head with an empty bottle, drawing blood. He had to be taken home in a cab. There is every reason to believe that Mitchell and Corbett will be matched in Canada next Saturday. David H. Blanchard hae been agreed upon aa temporary stakeholder, JACKSON'S DEBUT. . The Colored Pnglllst Makes Hla First Appearance as Unole Tom. Santa Rosa, Feb. 20.—Peter Jackson, the Australian heavy-weight pugilist, made his debut as an actor here tonight in the L. R. Stockwell company. He took the part of Uncle Tom in Uncle Tom's Cabin, and rendered it well. The audience applauded him enthusiastic ally. Gov. McKinley's Liabilities, Cleveland, 0., Feb. 20.—Governor McKinley etill remains in Cleveland awaiting developments in the Walker failure at Yonngstown. The liabilities of the governor now amount to more than $80,000. Portngnese Minlel ry Resigned. Lisbon, Feb. 20.—Owing to the failure of the cortes to approve the financial scheme, the ministry haa resigned. THOMPSON'S TESTIMONY. ANOTHER CHAPTER IN THE PANA- MA CANAL INQUIRY. The Congressional Committee Goes to Terre Hants to Uear the Vener able K»Secrotury of the Navy Explain Things. I Tkvri; Hur-ra, Ini!., Feb. 20.— The Panama congressional investigating committee arrived this morning and began taking the eyidence of ex-Secre tary oi the Navy Thompson, in private. The ex-Becretary first detailed the cir cumstances of hia resignation from the. cabinet, saying it was publicly done, and further, he met no opposition from President Hayea when he approached him regarding the matter. The first offer of the American chairmanship was made to him by Jeßße W. Seligman in 18S0, and was not accepted until he had a full conference with friends and the presi dent, aud the determination on hia part that there waa nothing in it inimical to the interests of the United States. He denied that the Hayea administration was opposed to the canal, but did want it under American control. He had the idea when he aeceptedthe chairmanship of Americanizing the affair, and tried to get an American construction company to build it. The entire administration, so far as he knew, of the affairs of the American committee was on the strict est business principles. He did not know what were the dutieß of the three banking houses, whose repreaentativea were members with him of the American committee, and he said he waß much surprised, aa were the committee, when he learned within a week that the three had been getting each $50,000 a year, or twice his own salary for their tervicea in thia country. Colonel Thompson denied that the Panama canal company had a lobby at Washington, either to procure favorable legislation for tie Panama canal, or to fight the Nicaragua people, and he said he kept clear of lobbyists and that there wae no impropei expenditure of money ao far aa he wae aware. He aaid when the Nicaragua treaty waa before the aenate all he did waa to write a pam phlet againet it, which he placed in the hands of all the senators. Senator Voorhiee, only, knew that he wrote it. He did not aignhis name to it because he did not want the Panama canal an tagonized, so he had it appear anony mously. The aenate defeated the treaty. The committee brought with it a let ter prees copy of all the correspondence between Thompson and De Leeseps, and witness was asked to explain a number of the letters. One of them from Thompson to De Leaseps in Febru ary, 1885, said: "It is difficult to con vey to you the full understanding of how we have conducted thiß contest, and we must be very cautious." Congressman Storer of Ohio read from a letter in which the colonel told De Lesaepß that he believed a large ex penditure of money for materials in this country would help popularize the canal, which belief he emphasized to day. In another letter he referred to "over coming difficulties." This, he eaid, meant such difficulties as the Nicaragua people were responsible for, but that nothing but legitimate means were used in doing so. He denied that any money had been spent with his knowledge to influence newspapers. Death of a Noted Indiana Jurist. Warsaw, Ind., Feb. 20 —James A. Frazier, ex-judge of the Indiana su preme court, the best known jurist in Indiana and a man of national reputa tion, died here today, aged 67 years. Prof. Molynenx's Preferment. Sacramento, Feb. 20.—Governor Markham hae appointed Prof. F. A. Molyneux to succeed 8. M. White aa truetee of the Loa Angeles normal school. RATHER HARD ON HART. The Attorney-General Under Heavy Fire. \ An Investigation of His Offlce in Progress. His Fellow State officials Rip Him Up the Back. Governor Markham and Private Secre tary Hlgglns Chief Among the Complainants—Other.Dolpga at Sacramento. By the Associated Press. Sacramento, Feb. 20.—The investiga tion of the charges brought againet At torney-General Hart began in earnest this morning. Gen. W. H. L. Barnes, who repreaents Hart, waa present. Rob ert T. Devlin appeared for the commit tee aa prosecuting attorney. General Barnea made objection, saying it was not cuatsmary for an inveatigating commit tee to employ an attorney. Chairman Mathews replied that Hart had an array of the legal profession calculated to awe the committee, and that what they wanted waa to get the trnth and they had retained Devlin. Controller Colgan stated in his exam ination that he had known cases where money had been paid by a oollector directly into the harbor improvement fund. He also said that he understood it to be the duty of any collector having any money belonging to the state to turn the aame into the statu treasury immediately. The first information the controller received that Hart wae in re ceipt of money belonging to the state, was from Attorney Miller. Colgan practically admitted dnring cross-examination that he did not know to whom the money should be paid. The committee adjourned until 2 o'clock. The investigation waa resumed thia afternoon. Governor Markham'a secre tary presented a letter signed by the governor awl E. G. Wilder, E. P. Col gan, Thomas McDonald, Theodore Rich ert, J. W. Anderson, A. J. Johnston and George E. Pratt, which had been Bent to Hart, stating tbat great incon venience Was caused the various state officials by reason of continually being compelled to seek advice of private at torneys on many questions that daily arise in the transaction of. their busi ness, and insisting upon a deputy attor ney who would more cloaely attend to the buainess of Hart's office. Secretary Higgins testified that on many occasions the attorney-general'a employees have been uncivil to the gov ernor's office. J. W. Anderson, superintendent of public instruction, next took the stand. He said tbat hia business with the at torney-general's office had been unsatis factory. A statement waa produced by Con troller Colgan ehowing the expenditures made in the controller's office for special counsel. The state treasurer, J. R. McDonald, stated that hia experience with the at torney-general's,office had not been sat isfactory ; that he had often gone to the office and found it cloßed. The secretary of state testified that he frequently had found the office of the attorney-general locked; tbat his business with Hart's office had been of an unsatisfactory character, and that he had frequently gone outside for legal advice. E. G. Pratt gave similar evidence. H. G. Johneton, state printer, pre sented a statement made by him at the request of Hart, showing the amount of briefs, etc., which he had printed for tho attorney-general'a office during Hart's incumbency. W. H. Layßon, Hart's first deputy, stated that he aided in hia official ca pacity largely independent of Hart; that he had been at hia office every day during hia term of office and re viewed an immenee amount of legal work. The committee adjourned to meet in San Francisco tomorrow. THE JOHNSON INVESTIGATION. A Host of San Joseans Testify ln Com missioner Kea's Uelialf. Backamknto, Feb. 20. —l'he committee investigating the charges made by Rail road Commissioner Rea against Assem blyman Johnson, met again tonight. Some delay was caused by the absence of Rea's attorney, Richards, who ar rived from San Francisco at about 8:30. A number of witnesses were called in rebuttal to testify to the good character of Rea's witnesses. D. B. Maloney, J. O'Keefe, Paul P. Austin, R. D. Fox, J. T. Rueder, Dr. R. E. Pierce, all from San Jose, wore examined, all of whom testified to <.he reputation for truth and veracity which Rea, Edwards and Mc- Kenzie have in Santa Clara county. Johnson then took the stand for the third time. He said that neither he nor Rea on the day of the interview, when a card purported to have been marked, mentioned Hehrobel's name. Then Richards began a lengthy cross examination, during which Johnson again told the story of his interview with McKenzie in the letter's office; also of the time when he went to Rea with Har rington and tried to borrow $100 on a note. Johnson again related the history of the card upon which the nanus of the assemblymen were marked-. Richards asked Johnson questions about a conversation he had with one Jerry Keeler. A wrangle ensued re garding tbe rules of evidence, John son's counsel holding tbat it was a cross-examination. Richards said that he was going to call Keeler, who would testify that Johnson told Keeler that he was willing to sell his vote, and tbat he was coming to Sacramento for what there was in it. The committee adjourned at 11:45. Successful men secure fine tailoring with pleasing fit from H. A. GeU, 112 West Third street. IN THE SENATE. Several Important Amendments of the OItII Code Paoed. Sacramento, Feb. 20. —The senate met aa ÜBual at 2 o'clock. The bill to amend section 1402 oi the civil code, relating to the distribution of community property on the death of the hnsband, passed by a vote of 22 to 2. Yoorhies gave notice to reconsider. Voorhies' bill, entitled an act to amend the act creating the board of bank com missioners, and prescribing their duties and powers, was defeated by a vote of 21 to 6. The bi.l to add a new section to tha code of civil procedure, relating to liens of meohanics, passed. An amendment to provide for work on streets, lanes, alleys, conrts, plazas, aide walks, and for the construction of sew ers, within municipalties, waa also passed. Carpenter's bill relative to stay of ex ecution of judgment in criminal cases, pending an appeal to the supreme court, wae under debate when the senate ad journed. ASSEMBLY PROCEEDINGS. A Bill for the Publication of School Text Books Passed. Sacbahrnto, Feb. 20. —In the assem bly thia morning the bill to appropriate money for the construction oi a state wagon road to Yoaemite was made a special order for 2 o'clock tomorrow. The senate bill to build an additional wing to tbe main bnilding of the home for feeble-minded children at Glen Ellen finally passed. A bill wae introduced ontof order thie afternoon to provide for the erection of a general passenger ferry landing and depot in San Franciaco, and appropria ting $100,000 therefor. Pueschel offered a resolution that all county division billa be considered today and that one hour be devoted to each. An amendment waa offered and adopted aubatituting Friday and limiting the time to 40 minutes for each bill. The assembly bill providing that $120,000 now in the school book iund be need for the publication of atate school text books was declared a case of urgency and passed. Shanahan tried to get four of bis billa out of order without enccesa. Adjourned. NEUMANN GIVES IT UP. THK KANAKA QUEEN'S ENVOY DIS COURAGED. He Comes to the Conclusion that the Annexation of Hawaii to the United States Can Not Be Pre vented. Washington, Febj 20.—The annexa tion commissioner from Hawaii, Paul Neumann, the envoy of Queen Liliuo kalani, spent part of today at the capi itol. Neumann waa in conference with several eenators to whom he bears let ters of introduction from business men. Marsden, one of the annexation com missioners, left tonight for New York, whence he will go via Niagara Falls and Chicago to San Francisco. Secretary of State Foster, who had an appointment to meet Neumann immedi ately on his (Foster's) return to the city this evening, waited an hour for the commissioner, but Neumann failed to turn up. It iB expected that the annexation treaty, which waß favorably reported to the senate by unanimous vote of the senate committee on foreign relatione, except Gray, will be considered in ex ecutive session tomorrow. It is reported that Neumann has satis fied himself by inquiries at tbe capital since his arrival in Washington last week, that the restoration of tbe lately deposed queen is out of the ones turn, but it Is Maid he desired to be advieed of this officially, in order to satisfy hie principal upon his return to Hawaii. AFTER ANNEXATION. Troopi to Be Bent to Hawaii to Preaerre Peace and Order. New York, Feb. 20.—The Herald's Washington special says that, anticipat ing the ratification of the Hawaiian an nexation treaty by both the United States senate and the provisional gov ernment of Hawaii, the military and naval authorities are discussing what should be done for the preservation of peace on the islands, pending the estab lishment of a permanent government. It is realized tbat from the heterogene ous character of the population of the islands and tbe general tendency of the native element to revolution that to peacefully maintain American sovereignty over the islands there must he a proper display of mili tary force from the time that annexa tion becomes an established fact. In this connection the advisability of send ing troops of the regular army to the islands is being informally and serionßly discussed by many of the army officers. The navy people, as a rule, believe that sailors and marines should be utilized for the purpose, but are forced to admit tbat by reason of the limited number of naval vessels at hand it might be advisable to send several batteries of artillery from Cali fornia to remain at Honolulu until some of the new vessels can be sent from this coast. Under the permanent form of government to be established by legisla tion it is suggested that there should be a standing army organized from the in habitants of the islands, and a number of Amwican officers, it has been further suggested, should be detailed to perfect the organization, and when the United States has established the proposed coal ing station in Pearl harbor, there should be an American garrison to defend the entrance to the harbor. , Bralth Premier Typewriter on Top. Mr. W. H. B. Hayward, local agent for the Smith Premier Typewriter, haß just received a telegram from the San Fran cisco agents stating that the Smith Pre mier was again awarded first prize and only medal at the Mechanics' fair as being the best typewriter. All were in competition. This mak<*s the fourth time that the Smith Premier haa re ceived the award. TODAY'S FORECAST FOR THE DISTRICT OF SOUTH ERN CALIFORNIA, FAIR WEATH ER, SLIGHT CHANOE IN TEMPER ATURE, VARIABLE WINDS. PRICE FIVE CENTS. THE WAR IN WALL STREET. A Financial Battle of Four Days' Duration. Masked Foes of the Heading Eoad Down It. Stupendous Blocks of the Stock Sac riflced. Receiver. Appointed for tbe Company at Philadelphia on a Bill of Equity Filed by tha Notorious Tom Flatt. By the Associated Press.) Nbw York, Feb. 20.—The fourth day of the great battle between masked foea in the Reading territory opened on the stock exchange thia morning, when tha slaughter of Friday and Saturday waa) continued and the Reading defenders were routed, horse, foot and dragoons. The opening provided a spectacle such as has been seldom or never witnessed. When business opened half of tho brokers in the exchange were present. The moment the exchange waa opened for business huge blocks of Reading were thrown on the market and maids of 12 minntea the price was hammered down aix and one-half points, making a total decline since the downward movement began of Vi% points. Pande monium reigned. There was a wild struggling masa of panic-atrickea humanity. Brokers jumps d, roared, yelled, gesticulated. The opening quo tation for Reading waa 36. • The brokere literally tumbled over each other in their wild eagerness to unload. Reading was thrown on the market in blocks of 1000 to 11,000 shares at a time, and Bnatched up by the bears at pania prices. In the first 10 minutes Reading dropped to and then rallied to 31>j. Northern Pacific also dropped away in a panicky fashion. This was due to tha publication of tbe report of the stock holders' examining committee, calling attention to the extravagance and mil* management of the directors. No fatl* ures were reported up to noon. Northern Pacific opened nearly 3 per cent off at 15 '„, retired to 43, bnt rallied Borne. Goal stocks were generally weak. Jersey Central retired from 123 to 119, the lowest price in months. The amount of gold engaged for ship, ment tomorrow iB $3,300,000. At 11 o'clock the market waa active and firm at an improvement. There was no diminution in the ex citement in stocks after 11, bnt the im provement in values made no further progress. The talk of a reoeivership for Reading again depressed tbat stock to ' the lowest point. Sugar gave way, un der heavy pressure, from 123 to 120%. Railroad shares on tffe whole were well maintained, and considerable confidence was shown in the general list, thongb prices yielded fractionally along tb« line. Trading in Reading was atill un usually heavy, the record for two honri exceeding anything else ever known on the exchange. At noon the market waa active and heavy near the lowest fig ures. Tbe tension as the day advanced waa terrific. The strain was too great foe many firms. Shortly after noon iailnrea began to be announced. The first to go waß W. F. Rusßell, then T. J. DeLaney, and next G. S. Fleet. The amounts of their liabilities are unknown, bnt not believed to be large. The cause of the weakness in Reading is believed to b» the attitude of the Vanderbilta and Banker Morgan toward the Reading people for the contemplated entering of their territory. Another reason given ia that Speyer & Co. have called a loan made to the Reading last January. The trading in Reading waa unprecedented. After noon there was quite a pronounced tendency to rally for aome time, and some stocks made marked gains, but the rumored application for a receiver brought an other Hood of selling orders and Reading dropped to 28. When it was further re ported, however, that a receiver waa ac tually appointed, it rallied to 30. At 2:15 the market wae active and firm at substantial gains irom tbe lowest point. Tbe saleß of listed stocks were 1.227,000 shares, of which the dealings in Reading amounted to 909,300 shares. Stocks in the general list moved over a very narrow range after the delivery hour. But Sugar rose to 125, after sell ing as low as 120,£. New England again reached 40, ita opening price, but Reading remained below 30. The mar ket closed active and firm, at something better than the lowest figures. At the close Reading showed a net loss of per cent for the day, having re covered 2 per cent from tbe lowest price. Northern Pacific preferred showed a losa of 41 4 per cent for the day. Few other movements of importance were seen ia the railroad list. ACTION IN PHILADELPHIA. ReoeWera Appointed for the Keodlnron Petition of "Me Too" Piatt. Philadelphia, ' Feb. 20.—The board of directors of the Beading railroad met this morning. It wsb expected that a statement of the pending difficulty would be made public during the day. Excitement at tbe opening of the stock exchange was intense; almost a panic prevailed. The first sale of Reading wai at 15, a lobs of 8% from Saturday. It quickly declined to 14. Stocks of roads allied to the Reading were alio ham mered. It was announced unofficially this morning at the general offices of the Reading railroad, that applioation wonld be made to the United States district court for the appointment of receivers for the company. Later it was said the appointments had been made. Subse quently it was learned that an applica tion hud not been made early in the day as stated, but later Johnson and Harte, counsel ior the company, appeared in court and held a private consultation with the judge. After consulting 40