MATSVIIXE, KY., THUESDAY, JULY 27, 1893.
NUMBER 'J 10.
" us imm
Financial. Affairs Improving
PLENTY OP MONEY IN NEW YORK.
About Two Million Dollar Shipped to In
terlor Cities Confidence Restored at
oaUvllle and Milwaukee Views of Sil
ver, Men Business Failures.
New York, July 27. Stock Ex
chango secured funds at 5 to 7 per
cent. One million dollars was offered
at C per cent on mixed collaterals.
Time money is difficult to obtain, while
the market for prime (mercantile paper
continues nearly nominal. Up to mid
day tho indications pointed to the ship
ment of fully 52,000,000 currency and
gold to interior cities. The shipments
are tho heaviest in a long time, and
Boston and Philadelphia will receive
The west is still a heavy borrower.
There is a great scarcity of small notes
at tho subtrcasury, and the assistant
treasurer had to pay out a round
amount of gold in exchange for large
bills. No more small bills could bo ob
tained at the subtreasury after 12
o'clock. Shippers will bo compelled to
take gold. The assistant treasurer was
3390,802 debtor to the clearinghouse, of
which $800,000 was settled in gold.
The loan committee of tho clearing
house at its session issued 5100,000
certificates, and canceled 200,000. The
total out standing is 521,000,000.
A good deal has been said during the
past few days about tho danger of tho
"financial troubles extending to this city.
Some people have worked themselves
into a nervous state, but tho banking
interest, which is most concerned in tho
matter, does not anticipate any trouble
here. Tho following interview with
Henry W. Cannon of the Chase Na
tional bank about expresses views 'en
tertained by other leading bankers,
Mr. Cannon Bays:
"In times like these people are apt to
"lose sight of tho important -feature of
the situation in the contemplation of
the details. The country is all right.
Our crops are good. The crops in other
parts of the world are poor. Europe
wants some of all our crops, even hay,
and Europe must take them and Bend
us money for them. We shall receive a
great deal of money from Europe this
fall. In the meantime people have no
need to bo scared. Let them keep their
heads cool and exercise a little patienco.
It will pay them best in the long run."
Another banker says: "I have no
hesitation in saying that the banks here
are in a perfectly strong position. They
are stronger as a whole now than they
were 10 days ago. The strength of tho
local institutions is due to the fact that
tho New York bankers Haw this trouble
coming fully a year ago, and began
taking in the situation then."
The head of a prominent trust com
pany says: "The banks will stand by
each other and will see this thing out.
Times have changed since 188-1, and the
banks were never better organized or
prepared to stand a siege."
MORE CONFIDENCEAT LOUISVILLE.
the Hanks Are Doing Iluslness us Usual
With No Incitement.
Louisville, July 27. All of tho
banks opened up promptly at 9 o'clock
and proceeded with their business us if
nothing had happened to disturb the
financial affairs of the community. Ex
cept for tho crowds there was no iudi"
cation that business was not as serene
and quiet as it ever was.- At the start
. every depositor who wanted his money
'got it without a word, and while there
were a number of them who drew out
their balances, there was not' what
might be called a run.
Depositors did not stand in lino wait
ing their turn at tho paying tellers'
window, but those of whom drew out
their cash did it quietly and in much the
same manner as they would at any
, other time. Those who had small
' amounts to their credit seemed most
anxious to get their money and none of
the largo depositors seemed worried in
the least by the presence of the crowds.
The scenes in Denver last week wero
not repeated here, and while there was
among some of tho people an expression
of distrust, the majority of those most
interested did not seem to be disturbed
at tho prospect. If there was any ex
citement it did not appear on the sur
face. Inside the banks tho clerks were hard
at work, and from the leading officers
,of,all tho banks there was expressed an
almost unanimous belief that the worst
was over. All that is needed to fully
restore confidence is conservative and
sensible action on tho part of deposit
ors. Those in position to know the
truth assert that every bank in tho city
is sqlvont, and all that is necessary to
prevent further trouble is a Donor or
this assertion by tho depositors.
Looks Better at Indianapolis,
Indianapolis, July 27. Willian Bos
eon, cashier of the suspended Bank of
Commerce, returned from New Albany,
where a meoting of tho bank directors,
including tho' Dopauws, was held. Ar
rangements were made to pay off all
claims against the bank within 00 days,
and probably to resume business.
, Bank Examiner Young has arrived,
and ha taken possession of tho Indian
apolis National. Ho hopes the bank
will pay out in full.
An expected run on thrf other banks
did not develop. Business men havo
massed together to prevent excitement
and restoro confidence'.
A run-on tk& Dime Savings and Loan
r association has set in, but it can do no
',smaent harm, M tlw,, concern is
Mvtmt, wid iuny tftk-80 dtoa iulvrhich'
to pay out - Its cash aoaets .have aboiut
bft wlx.uaUdvj It doea a mtrtMfn bank
ouslness and was '. established by the
late Oscar 0,'MqCullough.
,The Funic Ovetvnt Milwaukee.
Milwaukee,' July 27?-The bank pan
ic in this city is over. There is not the
slightest tendency toward a run on any
of tho local banks. The crowds that
have surrounded the various banking
institutions from morning till night
during the past week have dispersed,
and business at tho paying teller's win
dow has resumed its normal condition.
The man in charge of the affairs of tho
eoveral failed banks are engaged in pre
paring statements, but none will bo
completed for several days,
Tho greatest interest centers in the
affairs of tho Wisconsin Fire and Ma
rine Insurance company bank. It is
stated that the night before the bank
closed tiie sum of 5,84-1,000 was due de
positors, a decrease since July 1 of $2,
027,000, the last named sum represent
ing the amount drawn out during the
run and the few days prior thereto.
Tho bank held $108,000 in cosh when
the doors closed. It raised $450,000 on
securities after July 1, and shortly
prior thereto had borrowed 500,000 in
the same manner.
A l-'ulluro In Texas.
Dallas, July 27. The Land, Loan
and Collecting agency of Murphy &
ijoianz has made a general assignment.
E. T. Loughborough was named as as
signee. The causo given is the strin
gency in the money market and tho
failure of the banks and eastern corre
spondent to carry their paper. No
schedule of assets or liabilities has yet
been filed, but as the firm did an enor
mous business the chances are that the
liabilities will reach $500,000 and the
assets fully that sum. The firm is com
posed of John P. Murphy and Charles
F. Bolanz. It is understood they will
continue in business and make a su
preme effort to extricate themselves
from the financial meshes in which
thoy are caught. It is not thought that
the failure will involve other houses.
Three Nusjivlllo Firms Full.
Nashville, July 27. As a result of
the failure of the Louisville Deposit
bank of Louisville, three firms in this
city, which wero involved either as
creditors or indorsers of said bank,
made special assignments. The firms
are: Sulsbacher Brothers, proprietors
of the Old Hickory vinegar and pick
ling factory; liabilities, $10,410; as
signee, Nathan Cohn. M. J. Levy &
Sons, whisky dealers; liabilities, $83,
871; assignee, E. L. Gregory. The
firm owed the Louisville Deposit bank
83,498. B. S. Loventhal & Son, whole
sale liquor dealers; liabilities, 523,500;
assignee, John T. Lellyott. The value
of the assets of the three firms is not
A Proposed New Coin.
Pittsburg. July 27. Captain A. E.
Hunt, a local chemist, suggest a Bcheme
to produce a dollar which will be worth
100 cents, without encountering Sen
ator Sherman's objections to goloid
coins. His plan is to coin the alloy dis
covered by Sir Robert Austin, which
consists of 78 per cent of gold and 22
per cent of aluminum. It is of a beauti
ful purple color, with ruby tints, and
can not do counterfeited, as the metals
mix onlv i.i tho proportions named,
and gold is 7.7 heavier than aluminum.
Our Money Going to Cnnnda,
Hamilton, Ont, July 27. City bank
managers report that a largo tamount
of money has been recoiveu from
American cities during the past few
days to be deposited in banks hero. A
deposit of S 15,000 was received yester
day from a woman living in Buffalo,
she having withdrawn that amount
from a bank in that city.
l'xpectg to Kesutne.
Washington, July 27. The First
National bank of Grundy Center, la.,
has informed Comptroller Eckels that
it expects to resume business Aug. 1
under a new management, me .tann
ers' National bank of Findlay, O.,
which failed Tuesday, expects to re
sume on Monday.
Price of Silver.
Washingto?, July 27. At the closo
of business no responses had been re
ceived to Acting Director Preston's
counter offer of $0,7020 cents for silver.
Various Business Troubles.
The First National bankf Orlando,
Flo., has closed Its doors. Depositors aro
Tho Bank of New England, Manchester,
N. II., bos been enjoined from doing busi
ness. The Southern Electric company of Balti
more has assigned to Morrill N. Packard.
Assets $173,000; liabilities $100,000.
Three firms failed in Syracuse: L. II.
Stevens, cloak dealer; Joseph M. Hill, pic
ture frames, and Sopary & Muscat, scrap
Henry Boch, operating clothing houses
in New York, Boston and Chicago has con
fessed judgment for $4,017. Liabilities are
John Dunn, Jr., hns been appointed re
ceiver of tho manufacturing firm of Brad
ley & Company, Syracuse. Plant valued
at $500,000; liabilities, $350,000.
Executions upon judgments aggregating
$71,000 have been issued against La Roche
& Stahl, florists, of Philadelphia,
Tho mirplus fund of tho 21 national
banks of Chicago is $11 ,622,700, according to
statement Issued by Comptroller Eckels. A
falling off in deposits of 10 per cent is
Fire In it Carriage Warehouse
New York, July 27, Fire damaged
the carriage warehouse of A. T.
Demareat & Company. 837 Fifth ave
nue, to tho amount of 180,000.
Hunter Shoqts nimself.
R.DfiUviLLE. Ind.. Jnlv 27. Robert
Atfrjod agW S, Waal out' hunting,
when he, accidentally shot himself
(thromgh tJiq skull ap&diad.
Unexcusable Murder Takes
Place in Denver.
A LYNCHING SOON FOLLOWS.
The Mnrilcrer Tnlten From Jail by a Mob,
Strung Up to a Tree and Ills Body Filled
With Bullets In tho Melee One Mem
ber of the Mob Was Shot In the Irftg.
Denver, July 27. Tuesday night
Daniel Arata, proprietor of tho Hotel
D'ltalia, a tough resort, killed Benja
min C. Lightfoot, 60 years old, a mem
ber of tho G. A. R., in a quarrel over
tho price of a glaES of beer. Last night
Arata was takon from the county jal
by a mob led by Lightfoot's son, strung
up to a tree and his body filled with
bullets. Tho crime was inexcusable,
tho punishment swift.
All day there had been mutterings
among the friends of tho murdered
man, and at an early hour last night
several hundred determined men
marched to the jail and demanded the
Italian from Jailer Crows. He refused
to give up his prisoner, and the mob be
cun an attack with iron burs on the
front door of the jail. Gradually tho
crowd grew until probably 10,000 peo
ple surrounded the jail.
Af tor a few hours digging and ham
mering an entrance was made to the
corridor. Jailer Crews Baw that he
had no alternative of shooting down a
few men or surrendering tho Italian,
and he chose tho latter. Arata was
taken to a neighboring tree, strung up
and his body riddled with bullets.
In the melee one member of tho mob
was shot in the leg.
The vengeance of the mob did not
ond with the shooting. The body was
taken down, dragged through the busi
ness streets by the rope with which it
was hanged and strung up to a polo of
the electric street railway. It presented
a ghastly sight hanging stark naked
immediately under an arc light, sur
rounded by several thousand people.
The breast was filled with bullet holes
and his body covered with blood and
A few minutes after it was strung up
tho police patrol wagon drove up, tho
body cut down and tuken to the police
station. Excitement is still at a high,
DEATH ON A CROSSING.
One Child and Two Horses Killed In
Indianapolis, July 27. The Indiana
polis accommodation on the Pennsyl
vania road ran into a wagon on a cross
ing four miles east of Irvington. Tho
wagon contained the three children of
Charles King, a farmer, who lives in
the neighborhood. John King, the old
est boy, was driving. He was instantly
killed. The two horses were killed at
once and dragged some distance up the
track. The wagon was crushed into
splinters. Tho wagon also contained
Albert King, a boy aged 8, and his sis
ter, a little girl, who miraculously es
The train was stopped immediately
after tho accident. The younger boy,
Albert, was found pinned beneath the
wagon bed, and was released. The old
est boy, John King, was horribly
crushed, and though ho showed siens of
life, he died in a few minutes. No
doctors wero near. They were brought
from Irvington. The house of tho chil
dren was in plain view of the train.
The parents were called and came hasti
ly to the scene. The body was removed
to the house of tho parents.
Attached by n Dog.
Brazil, Ind., July 27. Anna Smith,
the 0-year-old daughter of William
Smith of Hadloy Town, a suburb, was
attacked by a vicious Newfoundland
dog and terribly lacerated. She had
gone to a- neighbor's to get some milk,
when the dog Bprang upon her, throw
ing her to the ground and biting her in
a most savage manner. Tho skin was
almost entirely torn from her right
foot, while her thigh was torn badly
by tho sharp teeth of tho animal. She
was bitten in several places, and would
probably have been killed outright but
for tho prompt arrival of assistance,
when, after a struggle, the dog was
overcome. The girl's condition is seri
ous, and if Bhe recovers will be a cripple
Hun Out of Town.
Columbus, O., July 27. The state in
surance commissioner is informed by
the insuranco commissioner of Nortn
Carolina that Stephen A. Court, the
wildcat insurance man. who was Dresi-
dent of the Central Insuranco company
of Toledo, who was arrested and prose
cuted by Commissioner Kinder for vio
lating the insurance laws, has just been
run ont of Ashovillo, where ne organ
ized a similar wildcat concern. Ho had
as securities a worthless stock of paper
mines and land companies.
rour Touugr Hurtles Drowned.
Baltimore, July 27. A Bpecial says
that Maggie Taylor, Lulu Johnson,
Marifcn Smith and Nellie Patrick, all
young women, were drowned near
Patrick's landing, on tbo Wicomico
river, by tho capsizing of a sailboat.
Two young men who completed tho
sailing party saved themselves, ono by
slinging to the upturned boat, tho other
by swimming ashore. The bodies were
Fatul Thunderbolt In a Ilarn.
Greencastle, Ind., July 27. Gil
ber Rogers, a well known farmer of
Washington township, was instantly
killod by lightning ana his sister Stella
fatally injured. .Three other members
of the faniilywfre proetrated by the
shook: They had taken refuge' in a
A Ollllioimlro Shoots and Uadly Wounds
Three Orchard Thieves.
PiTTSBURa, July 27. W. A. Dun
lap, part owner of The Commercial Ga
zette, and a millionaire tinware man
ufacturer of this city, shot and bad
ly wounded threo orchard theives,
who, with others, were trespassing on
his property. The threo young men in
jured wero Thomas Kelly, snot in the
right thigh closo to the groin. John
Kelly received a shot of a trifling char
acter in the right leg, and John Conlin
was shot in both logs. Thomas Kelly's
wound may prove serious. The police
have the names of eight companions of
the above, and all will be arrested. Mr.
Dunlup was placed under arrest and
gave bail in the sum of $5,000.
Since the mills and glass houses
closed the residents of the Fourteenth
ward have been annoyed by nightly
visits from a crowd of men, who ruined
flowerbeds and lawns, and stripped the
trees of green fruit. The Dunlap place
on Robinson street is one of the largest
and prettiest of tho district nnd conse
quently was visited frequently. A
number of disreputable characters
joined tho gang, and became so bold
that the residents wero terrorized.
Early in the evening Mr. Dunlap
heard the disturbance on his luwn and
ordered tho crowd away. Later in the
night they returned. Mr. Dunlap asrain
repeated the warning, no was mwt first
with jeers, then a volley of stones and
finally a pistol shot. He again warned
the gang to leave. Tho crowd then
formed a circle about Mr. Dunlap,
whereupon he drew two revolvers and
opened liro. His assailants dropped to
the ground in one, two, threo order, and
when tho third man was down the rest
fled. Mr. Dnnlap then notified tho polico
of what had occurred and tho injured
men were removed to tho hospital. Ho
is terribly shocked over tho sorious con
sequences of tho nffair.
Four People Wanted la Chicago For
Toronto, July 27. n. B. Newitts of
Geneva, Switzerland, his two sons,
aged 17 and 14, and their governess,
Josephine Wagner, were taken into
custody here on telegrams received
from John Bonfiold, chief of the secret
service at the Columbian exposition,
Chicago, where the prisoners are want
ed for grand larceny and embezzle
ment. When the prisoners and their bag
gage, of which they had considerable,
were searched, $24,i)80 in securities wero
found. They had also about 53,000 n
American money and 23 gold and silver
The prisoners protested their inno
cence and stated that they would not
return to Chicago without the necessary
extradition papers. The police of Chi
cago have been notified of the arrest.
Nowitts said that he was agent of tho
Swiss Watch company and that he
fitted up the Swiss department of the
world's fair. Tho prisoners havo en
A Man Shoots Himself nnd Another Jumps
Into the Illver.
Pittsburg, July 27. Robert A. Wat
son, aged 27, and single, an inspector
for tho Monongahola Water company
of tho South Side sent a bullet through
his head killing himself instantly. He
was a brother-in-law of Manager Martin
Prentor of that company. Temporary
insanity, superinduced by tho extreme
heat, is supposed to havo been tho
cause for the deed. Ho resided in
An unknown man climbed to the top
of the Fort Wayne railroad bridge and
jumped into tho water CO feet below.
He came to tho surface once, but again
disappeared. Tho body has not been
GOLD COMING BACK.
Vast Amount Shipped From London to
New York, July 27. Ono hundred
thousand dollars in gold bars were pur
chased in London for shipment to
America. Tho steamship Havel has on
board $145,000 gold consigned toHeidel
bach, Ickelheimer & Company. The
Bteamship Yucatan, from Havana,
brought $.100,000 in Spanish gold to the
Western National bank.
Tho Knickerbocker trust has $100,
000 gold on tho steamship Columbia
due here Friday. Ladonburg, Thalman
& Company havo about $250,000 gold
bars and coin on passage.
Convicted of Murder.
St. Louie, July 27. Jacob Heinz and
Henry Kaiser have been convicted of
murdering Edwin E. Brown, a wealthy
citizen, on tho nicht of March 2. 189a".
Charles McDonald, who was on trial as
an accomplice, was acquitted. Brown
was warning near his residence on
Twenty-ninth Btreot and Franklin
avenue at 8 o'clock in tho evening,
when he was attacked by threo foot-
Sads and so seriously injured that ho
ied in less than half an hour after.
Kxodus to Canada.
Montreal, July 27. Tho Iato exodus
of French-Canadians to New England
has been converted to a New England
exodus to Canada. They aro coming in
thousands from Lowell, Lynn, Man
cheseter and other places in Massachu
setts and New Hampshire, The mills
aro closing, times hard and they can
get no work in the states,. Many of
them bring considerable sums of money
with them which they havo saved.
Frankfort, Ind., July 27. Willie
Street, aged 14. was killed by tho cars
at Forest, this county. Ho climbed
aboard tho train, taking his position on
the front ladder of, a boxcar, and by a
ierk of the train he was thrown under
A Woman and Her Two Chil
dren Brutally Murdered.
THEIR RESIDENCE SET ON FIRE.
A Surviving Child Says That Her Father
Committed tho Crime The Man Arrest
ed and Hold For Murder Family Quar
rels Led to the Horrible Crime.
Pittsburg, July 27. An awful triple
tragedy took place during the early
hours of tho morning, two children and
a mother meeting their fate at the
hands of some fiend. It was about 2
o'clock when tho South Side fire de-"
partment was called out to extinguish a
lire in the house of John Smause, who
lived in Oak Valley in the side of the
hill. There was but a slight fire and
the men had no difficulty in extinguish
Some of tho members of the depart
ment, in looking about the house, were
horrified at the sight of three dead
bodies, lying close to one another.
They were those of Smause's wife and
two small children. There were threo
ugly deep dents in the woman's head,
wnich showed that she had first been
struck a deauly blow from behind, then
tho tearful work was finished with some
blunt instrument, cither a hatchet or n
Their clothing was burned but little,
and had thoy been living when the fire
started they would havo had no trouble
in getting away from tho small blaze.
The children wero Mary nnd Maggie,
and were 4 nnd 2 years old respectively.
The family has occupied the misera
ble quarters nbont threo years. Quar
rels havo been so frequent that the
neighbors gnvo them little attention.
At 11 o'clock the night before the
usual quarrel was in progress, but no
unusual noiso was rcrvl until about 2
o'clock. George Smause. the husband
and father, ran to a neighbor's house,
and in the greatest excitement ex
claimed that something was wrong as
he could not get into the upper room.
Tho neighbor ran to tho house, stumb
ling over tho body of Mrs. Smause at
Just then stnoko and finmes fcurst
from tho upper windows. When" tin
firemen arrived they picked up the
body of a woman who was lying at the
Sho was still breathing, but died in a
few minuter. The firemen found blood
splattered over tho floor, furniture and
walls of the downstairs room.
In the room upstairs they found
bloodmarks on everything. The feath
er bed was on fire, and they pulled it
from the slnts to throw it out of the
window when thoy noticed something
heavy about it.
They reached into the slit and pulled
out the body of a child. The body was
burned black, and not a stitch of clothe
was on it. Tho body was taken down
stairs and the burning tick thrown out
"of the window.
The men were horrified to see the
black body of another child under the
bed. This body was also taken and a
search made for more, but no others
The baby was sound asleep in its cra
dle, unharmed. Tho flames were soon
extinguished. On the floor were two
hammers covered with blood, a broken
lamp, and blood on nearly every piece
of furniture and every foot of the floor.
The room was in ' terrible disorder,
showing that a desperate battle took
place between the murderer and his
first victim, his wife. The surround
ings would indicate that the man and
wife had fought and that ho knocked
her to the floor with a house hammer
weighing about a pound.
It was blunt on ono ond and the other
was somewhat pointed or flat like a
chisel. It is thought he used this until
the handle flew off and then procured a
heavy machinist's hammer. After the
mother received her death blow tho
father killed his daughters, aged 0 and
4 years respectively.
Ho had struck them several blows
over their heads with the heavy ham
mer. Every blow sank deep into their
brains, crushing their heads. His next
work was to place the lamp under tho
bed so that tho bedclothing readily
ignited, hoping thereby to conceal the
The bodies of the victims wero taken
to the South Sido morgue and Smause
was locked up to await an investigation
by the coroner.
The child who was saved is only 5
years old, but the weeping boy told tho
police that his father killed his mother.
"Ho hit her on tho head three times
with a hatchet," sobbed the little fel
low. Smause is a laborer, 35 years old, and
apparently very ignorant.
DEATH BY LIGHTNING.
Tcrrlflo Storm in the Vicinity of Coney
Island, N. Y.
Coney Island, ' July 27. During a
terrific thunderstorm shortly before 5
o'clock, a man was struck by lightning
and instantly killed and threo other
persons wore Vorj seriously injured.
Tho man who was killed is T. E.
Loomis of Brooklyn, and tho injured
are J. W. Steelo of Allendale N. J.;
Mr. A. Armour of Coney Island, and
an unknown man. Tho party had been
bathing at Gerhard's pavalion when
the bolt struck tho bathhouse, tearing
out a portion of the woodwork and
striking the entire party.
: j i
storm in "West Virginia.
Wheeling, July 27. A terriflo thun
derstorm passed oyer, tho upper part of
tho Panhandle late yesterday ovening
doing much damage in the vicinity of
Wellsburg. Lightning itrnck in many
daces aha a numbci of buildings were
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