The silver blade., January 11, 1896, Page 2, Image 2

About The silver blade. (Rathdrum, Idaho) 1895-1903

Image provided by: Idaho State Historical Society

                
A NEW STAR ASCENDS
k ,
Utah Takes Her Place in the
Constellation.
HER PATH IS WELL LIGHTED
Citizens Celebrate the* Occasion of the
First Inauguration With Bril
liant Ceremonies.
Salt Lake, Jan. 6.—Another state has
been added to the American Union and
the rights of self-government have been
extended to a quarter of a million in
dustrious, law abiding and intelligent
people. The acquisition of these long
sought rights causes universal joy
among all classes. The oath of office
was administered to the state officials
of Utah at noon today, and the new
state, with her vast mineral wealth,
great railway systems, agricultural re
sources, churches and institutions of
learning, starts off with promise of
bright and glorious future.
Governor— Heber M. Y^ells.
Secretary of State—James T. Ham
mond.
State Treasurer—James Chipman.
Attorney General—A. C. Bishop.
State Auditor—Morgan Richards, Jr.
Superintendent of Public Instruction
—Dr. John R. Park.
Supreme Court Judges—Charles S.
Zane, J. W. Bartch, James A. Muler.
This is the personnel of the first ad
ministration of the new state of Utah,
and the members of which were sworn
in today with imposing exercises, and
in the presence of an immense throng.
It is an interesting fact that only two
of Utah's first state officers—Governor
Wells and Secretary of State Hammond
—can claim the commonwealth that has
honored them as the place of their birth.
Dr. Park first saw the light in Tiffin,
Ohio; Mr. Chipman in Carroll county,
Missouri; State Auditor Richards once
owed allegiance to Merthyr Tydvil, in
Wales; Attorney General Bishop came
from that neck of land known as Three
Rivers county, in Iowa; Judge Zane
spent the first 26 years of his life be
tween New Jersey and Sangamon coun
ty, Illinois; Judge Bartch got his edu
cation in Sullivan county, Pennsyl
vania, while Judge Muler, who has only
been in Utah for six years, looks back
with pleasure to his old home in Mar
shall, Mich., where at different times
he filled the offices of recorder, circuit
court commissioner and prosecuting at
torney. All of the state officers are
republican, that ticket having been
elected by a majority of 2000 last fall.
Among those who took part in the
ceremonies were many of the old pio
neers of 1847 who faced privations and
dangers of frontier life, to lay the foun
dation of this great commonwealth.
The day has been celebrated as no
other in the history of Utah. The city
was thronged with visitors from out
side points and with thousands of home
people made locomotion well nigh im
possible through the public thorough
fares. The great procession under the
direction of Grand Marshal Burton and
aides presented a magnificent spectacle
as it wended its way to the tabernacle,
which it reached at noon and which
had crowded within its capacious walls
more than ever passed its portals in
its assemblage before.
The decorations of the tabernacle
were most lavish and well chosen.
Spread out beneath the great central
surface of the dome-like ceiling was
Old Glory," the largest American flag
ever made. In the upper corner, among
Other stars, was the 45th, representing
Utah. By means of an ingeniously de
vised Incandescent light, the new star
cast its refulgent rays upon the thou
sands who sat in the gallery and the
auditorium below. From this great flag
were numberless red, white and blue
streamers running in all directions,
uniting with an elaborate fringe of
bunting and flags which decorated the
face of the gallery. All the speakers'
stands were most beautifully draped
In the national colors, while the great
American eagle surmounted the tower
between the great pipes of the organ,
and Immediately below was the magic
word "Utah," a magnificent electric
creation.
On the stand were prominent citi
€4
zens, among them the following: Presi
dents Woodruff, Cannon and Smith of
the church of the Latter Day Saints,
Hon. Joseph L. Rawlins, Acting Gov
ernor Richards, Governor Wells, Chief
Justice Zane, Judges Miner, Bartch and
King, Commissioners Tatlock and Sher
man.
THE ILLINOIS FARMERS' INSTITUTE
First Annual Session at Sprirgfie'd Dis
cusses a Varietv of Topics.
Springfield, 111., Jan. 7.—The first an
nual session of the Illinois Farmers' In
stitute opened in the senate chamber
of the state house shortly after noon to
day. This organization was brought
into existence at the last session of the
state legislature, and is the pioneer as
sociation of its kind in this country to
be created in such a manner. Its object,
as set forth in the statutes, is to develop
a greater interest in the better cultiva
tion of crops, in the care and breeding
of the most profitable types of domestic
animals, in extending dairy husbandry,
promoting agriculture, directing atten
tion to the importance of farm drain
age, stimulating the spirit of improve
ment in the construction of public high
ways, and discussing the best methods
of general farm management.
The attendance at the initial meeting
today was very large.
George F. Seymour, the Protestant
Episcopal bishop of this diocese, open
ed the proceedings with prayer, and an
address of welcome was delivered by
Governor Altgeld, to which response
was made by Hon. F. M. Palmer, first
president of the institute. ReDorts were
then presented from the various con
gressional districts upon the agricul
tural outlook and the condition of far
mers' institute work. At this evening's
session the delegates discussed what
the state is doing for the education of
the farmers' children and what the
state agricultural college and the state
board of agriculture are doing for the
Illinois farmer. The sessions will con
tinue for two days.
A large number of associations, in
cluding the State Cattle Breeders,
Swine Breeders, Sheep Breeders and
Poultry Breeders, also hold their an
nual meetings today and tomorrow,
and altogether this gathering of the
husbandmen of Illinois is the most im
portant ever held in the commonwealth.
Right Rev.
THE INDIANA INDUSTRIAL CONGRESS
Multlplicitv of Even s Brings Prom.nent
k Oilers to Indianapolis
Indianapolis, Jan. 7.—For the next
three days the congress of Indiana In
dustrial Associations, including the
wool growers', bee keepers', short-horn
breeders' and swine breeders' associa
tions, the State Farmers' Reading Cir
cle, the State Engineering Society and
Highway Improvement Association and
State Poultry Association, will be in
session here, and the multiplicity of
events has brought to the state capital
a small army of tillers of the soil, breed
ers and county officials. The congress
opened today with the annual delegate
meeting of the state board of agricul
ture, and the tenth annual convention
of the Wool Growers' Association. The
terms of eight members of the former
body expire this week, and it is a note
worthy fact, as indicating the interest
in agricultural matters in this state,
that there are contests in nearly every
district. Mayor Taggart and Governor
Matthews were among the speakers at
today's meetings.
LOS EH BY QVtR $115,000
Amount of Defalcation of Ex-Treasurer
Boil in Figured Out.
Omaha, Jan. 6.—The report of experts
submitted to the city council tonight
shows that the entire defalcation of ex
City Treasurer Henry Bollin amounts
to mere than $115,000. An impression has
been circulated that the additional
shortage of $77,700, which was only
made public the other day, represented
simply an error in bookkeeping.
HON. E. G- PRYOR WaS RETURNED
Result of the B*-Election ln British Co:
lumbia Monday.
Victoria, Jan. 6.—Today's by-election,
necessitated by the Hon. E. G. Pryor's
elevation to the dominion cabinet, re
sulted in Pryor's return by 107 ma
Pryor,
The total vote was:
jority.
1564; Templain, 1487.
Colonel Thomas Knox Is Dead.
New York, Jan. 6.—Colonel Thomas W.
Knox, who became distinguished as a
newspaper correspondent in the civil war
and has written many stories for the
young, died this afternoon. He was 61
years of aga
!A RAID ON OUR GOLD
The Week's Exports Will Exceed
Five Millions.
THE RESERVE DWINDLES FAST
Call for Bonds May Be
Hastened by the Concerted
Movement.
Fate of the
New York, Jan. 7.—Considerable in
decision was manifested today by some
gold shipping houses and additional or
ders were given about the close of busi
ness. The actual amount to be shipped
tomorrow is $2,725,000, and this is below
the previous estimates. It is currently
believed the exports for the week will
exceed $5,000,000. The several amounts
that will be forwarded tomorrow are:
Lazard Freres, $1,625,000 in bars ($500,
000 of the sum guaranteed being en
gaged a week ago, but withheld); Yon
Hoffman & Co., $500,000 in bars, and
Heidelbach, Ickelheimer & Co., $500,000
in bars and $100,000 in coin.
An engagement of $850,000 in gold coin
was made by F. S. Smithers & Co. The
probable dispostion of this gold has not
been learned, but the order is alleged to
have been traced to the Bank of New
York. The officials of the institution
named would neither confirm nor deny
the reports.
It was rumored that a large aggregate
amount of gold had been deposited at
the sub-treasury in exchange for green
backs. The only definite information
which came to hand on this point was
of two deposits of $200,000 each, one by
Zimmerman & Forshay and the other
by the Mercantile bank of New York.
So far as could be learned these deposits
do not reflect any concerted treasury
relief movement by the banks, and the
object of the deposits was concealed in
these instances.
FEARS OF THE TREASURY REALIZED
Bankers Do Their Best to Defeat the
Popular Loan Idea
Chicago. Jan. 7.—The Post's Washing
ton special says:
The fears entertained of a run on the
gold reserve bid fair to be realized. In
formation was received at the treasury
department today that orders for the
importation of gold had been cancelled
and $3,000,000 will go out by tomorrow's
steamers.
Private advices from New
York also tell of large withdrawals for
domestic sequestration,
the administration feared more than
witndrawals for export. A score of dis
patches poured into Washington this
afternoon from Wall street news agen
cies asking for the latest about the
treasury situation. It is not improb
able that the secretary of the treasury
may be forced to abandon his popular
loan program and make another syn
dicate deal within 10 days or two weeks
to protect the reserve against annihila
tion. The reserve will be down to $58,
000,000 by tomorrow night on known fig
ures.
Washington, Jan. 7.—The treasury to
day lost $2,163,000 in gold bars and $1
096,000 in gold coin, and received from
the Mercantile National bank of New
York $500,000 in exchange for currency
making the net loss of the day $2,759,OOo!
This leaves the true amount of the re
serve at the close of business $58,326 710
In financial circles here the fear is'ex!
pressed that today's heavy withdraw
als are but the beginning of heavy
porta. y
This is what
ex
New York, Jan. 7.-The total of gold
engaged upto 1 o'clock today for tomor
row's shipment was as follows; LaS
^t 25 ; 000 ln g0ld bars : He?del
bach, Ickelheimer & Co., $500,000 in gold
bars and $600,000 in gold coin. g
OVER
fifteen
The Banks of Smaller Cities Win n
tribute That Amount™" C<m '
New York, Jan. 6.-The World
row will say:
In response to an inquiry sent
f, Und f y K nl 5 ht by th * World, the na
tional banks of the smaller cities and
towns within 10 hours *
Pledged themselves to take ovfr sîrooo 7
00 « of the government bonds ^nT 3
per cent basis. yon a 3
mill ion pledged
tomor
out
market rep orts b y TELEQ&ipu
Wall Street broke Loose Prom
Influences Which Has AffectedUh.***
New York, Jan. 8.—The local stock m«,
ket today cut loose from the foreign in
fluences that have recently affected it
Speculation was decidedly less feverish
than heretofore and the volume of busl
ness showed a diminished activity bv
bar lead dealers. On the stock exchan»»
prices opened mainly a small fraction
above the final figures of yesterday. TpJ*
ing at 10:15 was of a decided upward trend!
The demand for Sugar quickly resulted in
the appreciation of about a point, inquiry
was stimulated by the decision in favor
of the trust rendered by Judge Wheeler
At 11 a. m. prices of railway stocks
erally showed a liberal fractional
vance. The market after 11 was sluggtgh
with the course of prices downward!
Leading industrials suffered about a
point, but the losses of railway shares
were confined to fractions.
Money—Easy at 305 per cent; closed at
3 per cent.
Sterling exchange—Steady; $4.89®Mgu
for demand and $4.87%@4.87% for 60 da ÿa
Government bonds—Firm.
TACOMA WHEAT.
Tacoma, Jan. 8.—The wheat market is
dull but steady. Quotations: Club, RJc
bluestem, 56c. '
gen
ad.
PORTLNAD WHEAT.
Portland, Jan. \£.—Wheat— Walla. S4c>
valley, 57c.
SAN FRANCISCO GRAIN.
San Francisco, Jan. 8.—Wheat—No. 1
shipping, $1.02%@1.03%; choice, $1.05; mill,
ing, $1.1001.12%.
Barley—Feed, fair to good. 88%07Oc*
choice, 71%c; brewing, 75@80c.
CHICAGO GRAIN.
Chicago, Jan. 8.—Wheat opened strong
but very irregular under some little ex.
citement. The price rose and fell for an
hour in mighty swells of active trading
between 60%c and 61c, but after the first
15 minutes of the session the tendency for
the remaining hour was generally down
ward.
Close—May wheat 60%c, corn 29%c, oats
18%c.
Receipts—Wheat 155,000 corn 302,000, oats
301,000.
GOVERNMENT BONDS.
U. S. new 4s (registered and coupons)
115, U. S. 5s (registered and coupons) 112%,
do 4s (registered) 108%, do 4s (coupons)
109, Pacific 6s 100.
CLOSING QUOTATIONS.
Atchison 13%, Adams Express 142, Amer*
lean Express 111, Canadian Pacific 61%,
Central Pacific 14%, Burlington 73%, Dis*
tillers' and Cattle 15%, Great Northern
preferred 110, Illinois Central 88%, Kansas
& Texas preferred 23%, Lake Shore 137%,
Lead Trust 25, Michigan Central 94%, Na
tional Cordage 4%, do preferred 7%, North
ern Pacific 2%, do preferred 10%, North
western 96%, do preferred 145, New York
Central 94%, New York & New England
64, Ontario & Western 12%. Oregon Short
Line & Utah Northern 6, Pacific Mail 24,
Pullman Palace 151, Rio Grande & West
ern 12, do preferred 40, Rock Island 63%,
St. Paul 66%, do preferred 125, Southern
Pacific 20%, Sugar Refinery 99%, Union
Pacific 3%, United States Express 38,Wells
Fargo Express 90, Western Union 83%,
General Electric 23%, National Linseed
19 %.
MINING STOCKS.
Bulwer 10c, Chollar 80c, Crown Point 25c,
Con. Cal. & Va. $2.45, Deadwood 60c, Gould
& Curry 55c, Half» & Norcross $1.15, Home
stake $20, Iron Silver 20c, Mexican 60c,
Ontario $8, Ophlr $1.50, Plymouth 20c,
Quicksilver >$1.50, do preferred $14, Si
erra Nevada 60c, Standard $1.50, Union
Consolidated 60c, Yellow Jacket 60c.
METAL QUOTATIONS.
Bar silver—66%c.
Lead—Weak; brokers' price, $3; **■
change price, $303.05.
Copper—Easy; brokers' price, $10; 6*"
change price, $9.90@10.
LIVE STOCK.
Chicago, Jan. 8.—Beef cattle were sale
able at $3.20@4.65. Exporters continue to
buy fairly well in spite of a decline of %°
per bound in British markets, as they are
favored with low ocean rates. Butchers
and canners' stuff was In active demand
at strong prices, cows selling chiefly
$203.25 and bulls largely at $2.25<S ) 3.26.
Calves were active. Rather more life tf®*
shown in the stocker and feeder trade,
although values were pretty high for de
sirable lots. Texas cattle were active and
strong.
Hogs—Notwithstanding the large sup
ply, which included 5000 carried over from
yesterday, there was much excellent de
mand from Chicago packers and eastern
shippers that prices ruled stronger to »°
higher almost from the start. Sales were
at $3.6003.85.
Sheep—There
good demand one®
more at strong prices. Sales were on »
basis of $2®2.50 for inferior up to
for choice native sheep, choice wester
selling at $3.5003.66.
PACKING HOUSE PRODUCTS.
Chicago, Jan. 8.—Pork, $9.80; lard,
ribs, $4.87.
was a
MISCELLANEOUS. „
New York, January 8 .— Petroleum--D u ":
Coffee—Closed easy; March, $12.60013. >
spot Rio, dull; No. 7, $14. . . 1llL
Sugar—Raw, firm but quiet; refined, o
Justice Peckbam Sworn In*
Washington, Jan. 6 .— Associate J"®
Peckham, the latest acquisition to the .
preme bench, took his seat today.
Justice Fuller administered the oath.