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! t i ;! 1 The li SLAND RfliUS. m VOIJIMR XXXII NO 178. ROCK ISLAND, ILLINOIS. FRIDAY, MAY 16, 1884. ESTABLISHED OCT. 18. 1851 A 0DK EltlAIEBiSOBOT TELEGRAPHIC. DANGER AHEAD. May be read through the lines of the advertisements of onT competitors who find it difficult to make up their ' mind to RUN A RACE against the Wall Stnwt feople Still On Ragged Edge. the CLOTHING STORE An Early Improvement Succeeded by an Ominous Crash. The Firm of Fisk fc Hatch Crowded tc the Wall by the Pressure. No Humbug, No Puzzle, But Good Goods at the Lowest Prices. Decline or One to Five Point Fol. low the Suspension Ban OB Savins Bank FU nre Klsewbere. ' Look at the Grand Array of Presents to be given away to bur customers who purchase $4,00 worth and upwards: Two $100 United States Bonds, One very Stylish Top Buggy, ' From the celebrated R. M. Wall's Factory, Rock Island, worth 8200. ' Two Elegant Bedroom Sets, Two Singer Family Sewing Machines, Two China Dinner Sets, each 140 Pieces, Two China Tea Sets, each 46 Pieces. , Two Chamber Sets, OneBahy Buggy, CHEF PC) ISriEKS, Silver Water Pitchers, Castors, V Toilet, Center and Exten sion Tables, French Bronze Clocks, r 'Silver Knives and Forks, Butter Dishes, Easy Chairs and Rockers, -AND HUNDREDS OF OTHER COSTLY PRESENTS J' " ALL EXHIBITED In our Store and Show Windows. tSPWith every purchase of $4,00 or over we give one of the above presents. In addition we give a Base Ball and Bat with every Boy's suit. '" '" OUU SPRING! STOCK OF Clothing and Mens Furnishings, - is complete in every respect. . ft5F"All Goods marked in plain figures, and our prices lower than any other house in the city. Come and be convinced. Golden Eagle Clothing Store, , Post Office Block, Rock Island. ,, " A. LOEB, Manager. j)rll-a3-il3m AHEAD. Zjji'mszzxzziZ3??i'iZ ji-mmmfjXiszJ2 array.' -aaaccHM zm&j&iAteii, Mclntire & Co., .. , Are Pleased to announce that their SPRING GOODS Are aniving. Space forbids us mentioning any where n-3r , . , what we have, but attention is called to onr "Dress Goods Department," ; Where mav be found elesrant styles iu new eti'ects. In Black Goods we show Polka Brilliantines, Ottoman Foules, Crape-de Chinz, etc. In Colored Goods, Ottoman Foules, Prunelle Cloth, etc. Also an elegant line of Shirtings, Cambrics, Seersnckers, Scotch Ginghams, Zephers, etc. Mclntire & Co. 1711 Second Avenue. (eh-iW-dly The New Riverside, -Is the bant Slave made for both Wood and Coal, thtt moat popular stove nude. . f , BO Li 13 Y D AVJD DON ay-2S . - ; ."VC. P. SUBNET!, Pbh. National F. R. MINCKtER, Sec't. Wire & I ron Co, DETROIT, Office Works, Cor. 4th & Congress 8ts. MAXGFACTtJREBfl OS MICH. A Cloth, Wire Conntor Riilinn, Wire Siena. Unease Safes. Canting Br lehes. Sand and Coal Screens, - " jb, ainmv r i siuren, nuui utcsmiik, n ire a, iron r ences. iron shatters, Uonntcr k fca? Bend for Catalogue. Supports, Ac t3j7"Mention thin Paner XpS-dly New York, May 15., 3 m. The old firm ol Fisk & Hatch baa just announced Itt misnension. . The firm was composed oi A. i. Hatch and Harvey Fisk. Hatch recently was elected president of the stock exchange by a unanimous vote. The nrm nave Deen the heavest dealers in government bond on the street It was considered a very stanch, conservative, reliable firm. The announcement of the suspension came like a thunderbolt in the exchange. Hatch had been prominent rn religious matters, philanthropical measures, and was freauenUv heard of as a lecturer on religious subjects at " the Macaulay Cremome mission. Fisk has just returned from a tour in Europe. The immediate re sult of the failure on the stock exchange was .decline of 1 to 5 points. The weakness of the government bond market was explained by the suspension of this firm, although a re porter who called there two hours ago for an explanation of the decline was informed there was no rational eause for it. The suspension was not announced nntll a few minutes before 3 o'clock, the closing hour of the exchange, but the effect was in stantaneous and depressing. - , On the an nouncement of the failure a rush ol operators was made for the office ol the collapsed firm, and anxious in quiries were made by brokers as tc how the firm stood. Fisk was seen by a re porter, tut refused to say anything. The d iors were closed, and the crowd outside in creased. The suspension was so unexpected that the street is again excited. Brokers are rushing around wildly, and the situation again assumes a troubled aspect 1 lie storks wore firm from the afternoon until just before the close of business, whe the suspension of Fisk & Hatch was an nounced. Prices broke ftom 1 to 5, and the market closed weak and panicky, although some shares showed evidences of strong sup port The situation is looked upon as extremely critical, and many prophecies are made that to-morrow may see a repetition of the scenes of yesterday. Early In the Day, New York, May 15. The Metropolitan bank has just posted a notice that, the bank- examiner having made an investigation, the bank has decided to resume business at K o'clock. The scene on the street at this hour is one of unwonted activity. Since early morning the brokers' offices have been opened'.and the clerks been busy getting accounts settled up. Many leading firms kept their employes until midnight, while a general overhauling of ac counts was made, so that on the opening ol the exchange affairs would be in a bettei condition than for many months past. new margins had been called to prevent the rash sacrifice of good securities. The stock market opened better: Waste re Union at 52, Texas Pacific lljf, St Paul Rock Island 113, Reading 34, New York Cen tral 1(19, Northwestern 104, Missouri Pacific Michigan Central 70, Lake Shore 92, Erie 14 V' and Chicago, Burlington & Qumry 115. A V all street financier of thirty -five years experience says the action of the banks u deciding to pool issues has decided the situa tion favorably. He does not anticipate any further failures either of banks banking firms, although he admit! the possibility that some weak stock houses may susiiend temporarily. The failurii of the latter he does not regard as a misfortune, as the weeding out of small deal ers helps to give a healthier tone to the gen eral situation. Jay Gould said to a reporter: This dis turbance is a senseless thing. It comes frorx fear of each other by both banks and brokers, I think, rather than anything else. The general calling of loans is wholly unnecessary, and foolish. I suppose the banks are a litt'e more cautious than usual on account of the loss accidentally suffered by the First na tional lust week. But I think the worst it over. The people will regain their sensei and there will he orders here from all ovei the country from persons eager tc pick up bargains. The action ol the banks is excellent Every one will see there can be no panic while the Units stand together. 1 am sure all this ex citement is at an end." '1 never expected to see Western Union sell below 50, however," continued Gould. 'The company is certainly earning its divi dends, and this trouble only adds to its busi ness.. 1 should suppose some brokers might have realized that fact" Later. Bankers' & Merchants' teJegrapb stock, in which Dimick & Co. are heavily interexted, is offered at 75, against 119 at which sales were made yesterday. A sale at K "seller 52" has been recorded. Russell Sage is paying all demands on hit privileges. The report that be had "laid down" on his contracts wae started by somebody ignorant of the ways a) the street The only contract he refused tc take were those on which the usual one dayV notice Was not given. 11 a. M. Transaction on 3e board ao far, for or on account of DUnick, have been stocks bought in under the rule. The firm was short of the general market A. W. Dimick says the trouble was caused by inability to raise money on securities. All customers' accounts have been profitable. George Putnam Smith has been appointed assignee. Preferences are given to cus tomers. Henry L. Jaqnes has been elected president of the Metropolitan bank in the place oi George L Seuey, resigned. Still Latib, A few minutes before aoon the Metropolitan bank resumed, paying ail depositors presenting checks. Even before the hour named for resumption the paying teller opened his window and the first man in the line received his money. At noon the number in line was not over twenty five, principally boys "and clerks Only one lady was in the row. She was at tired in widow's weeds. Her gratification on receiving her money was- plain. The small nuinuer drawing out innoa is regarded tu promising for the future of the bank. Jl tue produce exchange there was no ex eitement The market was firmer and bust ness comparatively light At the petroleum exchange but little was doing. Oil opetin! .1 i cigner ur tost the advance, and is nor steady at yesterday's prices. Confidence is being gradually restored, awl among financiers fewer anxious faces art met It seems generally to be awepted tha; tne wa is over, ana many c. ... are beginning to discuss tha qiie-iU-u m tc whether now is not the tim t . Imy for rise, which- Some few are doine;. This faci will relieve the situation of one of its most dangerous elements that of withholding capital from the market There is a run on the Blocker Street Say ings bank. At noon the lines of depositor, intending to withdraw deposits extended many feet on either side of tie bank. From I app earances a Heavy iraw my t expected. Wkil to Thought In London. London, May 15. Among leading London bankers having important American con nections the feeling generally expressed if one of confidence that the panic will be merely local in its effects, and they are Kwitive it will occasion no failures in Lon don either inside or outside the stock exchange. The general . soundness ol the financial situation here is evidenced bj the fact that there is not even a rumor of im pending failures. The remarkable decline in American securities In the past few days at tracted a new class of investors into ttu market, who are stimulated also by the cheap ness of money in England, Germany, and France. A prominent banker said it was amazing how h'ttle real stock was being sold here, but be said the bear sales were immense. The market shows a strong disposition to respond to anything favorable from America. lbs participation of hank officials in fraud ulent schemes is severely censured. This one thing has done more than anything else tc weaken the public confidence. I he largest business on the street iu a sin gle day for years was done. The purchase! f American stocks by the small-investing public was enormous. The market was fine throughout No checks were returned frou the clearing-house. Advices from Frankfort and other finan- rial centers report great activity in the pur thase of American securities. The feeling ol tonfidence is increased by a growing belief in the solvency of American banks. At Ainster dam, American securities are in great de mand. Prices are much over New Yorl quotations, but the market closed less firm. Crowding Kanaaa City Banks, New York, May 15. Dispatches received from Kansas City state that there is a run on all the banks there, but they are standing together and paying depositors ' per cent. of deposits. Later. A dispatch from Kansas City re popts that the bank is now paying depositor) in full and the Hurry is over. Kansas City, Mo., May 15. There is no truth iu the report Of the suspension of the. Bank of Kansas City. The bankers of this city met and agreed to pay 20 per cent cast: to depositors and give certified check for the balance. This agreement include; all except the Armour's bank, whicfc prefers to pay dollar for dollar. The bal ances at the clearing-house will be an nounced, when a plan of settlement will be agreed upon. It is thought the plan decided upon in New York will be adopted here There was some excitement, but it materiall subsided at noon. Our Own Beardsley. Jim Beardsley is postmaster In Rock Island. The other night he was aroused by a presetitiment of cominir evil and he got up. Jim did not know that it was a presentiment, be thought be wanted a drink and he remembered that he had left a bottle of hair resolvent in the breast pocket of his overcoat at the postoftlce. It was 3 o'clock, but Jim never lets dark ueso, doubt, affliction or anything else stand in the way when he has a high moral duty to perform, so he drew on his boots and went down to the postolllce. There he saw a light. He bumn.ed "There's a liebt in the window for thee, and supplemented it afterwards by saying, some of those dumed clerks have found that bottle." He walked in "to try and save some of it," finding the door un locked. Some one rushed at him and knocked him down, and ran out of the building. Jim found his resolvent, exam ined himself and discovered that every thing was all right, and then took a look at the office. Ho discovered that some rascal bad entered and tried to rob the mail, but that be had come in just in time to prevent it Thus it was a providential circumstance that Jim should wake up thirsty at the time he did, and an equally providential matter that he should have left bis flask in his overcoat pocket in the post otnee. There is a movement in nock Island to displace Jim, but if this does not show the deluded people of that city that the major is marked and, set apart by a higher power lor the position of p. m. then there is no use in warnings that's all. Peoria. Journal. This is another way of putting it. No one but the erudite Baldwin could have found the heart to offer such an explana tion. But what Baldwin can't think of it is no use for any one else to try. Bald win, in the sere and melancholy leaf, used to be the city editor of the Union under Haverstick. In some way or manner he acquired an antipithy for Rock Island, and he never lets a chance slip by to hit tho town a rap. The republican politicians have com menced to gird up their loins in cxpectan. I cy ot the great fight which will come off at the national convention. Harper House Cigar StoreJ A CHOICE LINE OF Imported and Domestic Cigars, Tobaccos, Pipes, AND SMOKERS' MATERIAL OF.SERAIXT. No. 1820 Second Ave., under Harper House. W. A. GLOCKHOF, Proprietor. nov- Unlly . t . . HENRY SIEMON, DEALER IN FLOUR AND FEED, TOBACCO AND CIGARS, The lowest living prices for Cash only. SO. 1427 SIXTH AVEREU, ROCK II LARD, Goods delivered to any part of the city free of charge. DOWNING BROTHERS, Foundry and Machine Shop, Ninth St., Rock Island, Ills. I Are prepared to do all kinds of Machine Work. msjf-lWwly JACOB RILEY, DEALER AND IMPORTER IN liMlMllltllllFlilT ie Trouble at Bradford, Pennsylvania. Bradford, Pa,, May 15 .The Tuna Valley bank has closed its doors. Runs were made on the First National Exchange and the Brad ford National and Dow 'Fullager & Coloman mainly by small depositors. Heavy deposit: have been made by several prominent broken and it is thought the First National will con out all right. Excitement prevails on thi streets, but no panic The Tuna Valley k thought to be solvent. Failure at Qulncy, Illinois. Quinct, I1L, May IS. Tne Union bank of this city, has closed its doors. Ttu Marine bank, of New York, was its corres pondent when it closed; then a transfer wai made to the Metropolitan, and that in cloa mg has pulled the Umon down, for tht present at least It is said, and fully believed here, that the depositors will be paid in full Feeling at Chicago. Chicago, May 15. A very decided reae tion of the markets was observable on 'changi in the morning. Ihe opening was excep tionally strong and active. No trace of thi depressing influence of the panic in New York was visible, and the bulls looked and acted as though they had come in to stay. Failure In Boston. Boston, May 15. F. A. Hawley & Co., brokers, have suspended. They were re garded as a house in good standing and sup posed to be doing a profitable business. Mills, Stanwood & Co., small brokers, also si pended. ' A Horseman on Sunday Racing. Chicago. May 16. Mr. Orrui Uickok! the California horseman is in the city. Bpeaking of the new move of the Chicago Driving park looking toward Sunday racing. Mr. Hickok said it was a step in the wrong direction, and the association should hesitate before taking it Sunday racing had been tried in San Francisco and had proved a dead failure. It drew out thi worst crowd of tough characters in the city. and the day was made hideous by their un seemly conduct It was abolished and for ever done away with. More harm eould bt done the association by one Sunday's racing than could be repaired in half a season. It was wrong to trample upon the rights and sentiments of a large majority of the public by disregarding their feelings in the matter. A Freak of the MlMlaalppl. New Orleans, La., May 10. The Missis sippi has cut through Cole's Creek point, two miles below Waterproof, La., shortening the river from nine miles around to a quarter oi mile through, and leaving Kosedale, Green Ridge and Cole's Creek point on a lake. It is impossible to go through the eut-olT on th up trip on account of the eddies formed there. but boats coming down caa make it It thought that before the river goes down Uii cut-off will become the mam channel. Desperate Situation Cairo, May IB. The situation of the gar rison at DOngdla is reported to be desperate, The natives of the place show a strong chs-1 position to side with the rebels, and great care is required to prevent treachery. The Reason for His Faith. Jamaica, L. I., May 10. The negro mur derer, Rugg, intends to become a Romas Catholic. He says the psalm singing of th Methodists who visit the jail Sundays is tha cause of his rejecting Protestantism. ' That morganatic marriage. Londoit, May 16. The Times says thai the morganatic marriage of the grand duki of Hesse-Darmstadt to Mme. Ealamire hat been annulled the former having bees granted a divorce. How Mexicans FIsht Duels. Elpaso, Tex., May 10. Two duels on ac count of love affairs were fought at Leon, Mexico, on Sunday. In one, Isadora Clarki was shot dead, and in tee other Manuel Ber nard was killed by.a sword thrust Those Woolwich Detonators. London, May 16. The detonators found under the Woolwich arsenal all contain only a paint mixture stolen from tfcs royal I laboratory.! Bend Money by American Express Co- Honey timers. Receipts given. Money refunded if Orcftrs are lost. Sold at all offices of the Co. Payable at 6.500 places. Rates: to 1 $5 5c.-. $10-8c: 20-10c.: $30-12c : ( 40 15c: 50-20c. Apr28d3m. "Rough on Coughs." Knocks a Cough or Cald endwise. For children or adults. Troches, 15c. Liquid, 50c. At druggist. The dependence of man upon wheat bread for his best nourishment makes it important that the break be light, p table easy of digestion. Dr. Price, si Cream Baking Powder is the best mean si we have for securing those ends. A na tion of housekeepers have been using itl for years and found it always the same , pure and healthful NOTICE. FOR RENT A honse on Fifteenth street, next I door to First Baptist chorch parsonage. 16dw FOR SALE Old papers for sale in any Quantity I aitniBomce, cneap. FOR SALE At mv office, on Eleventh street. the best quality of coal. Also dry oak cord wood, I stone and sand. Orders received by telephone at I carnouse. l. i. Doniman, agent. misoam FOR SALE Sixty lota in my addition to Rock ismna. tme-Tourin down, D&iance in yeany pay ments, with six percent interest. B. Davenport. I AH prepared to do all kinds of dressmaking and sewing at reasonable rates. Mrs. J. E. Wil liamson, Sixteenth street, between Second and Third avennes. m5-tw ROOM9 TO RENT With board or without, at Mrs. J. E. Williamson's, Sixteenth treet,betwen second and Third avennes. m&-iw JOB PRINTING. The Argus is now payme special attention to its job department, and an o dent for work will be executed with all possible aespatcn ana neatness, uive as a can. HARPER'S THEATRE ONE NIGHT PERFORMANCE . Saturday Eve, May 17 Two houreand a half with the representative American I'omedrau. T. In his enormously successful new play, apolitical satire in four act, called, FOR CONGRESS HEAD STONES, CEMETERY COPING, WROUGHT AND CAST IRON FENCES, LAWN STATUARY, MANTLES, Etc., Etc. tySpccial Designs furnished on application. Correspondence solicited. Works and Office on East 17th St., opposite P. O.. Rock Island, HI. J. B. ZIMMER, AIL0E1! FINE WOOLENS, Is pleased to announce the completion of his Spring and Summer stock of Choice Suit ings, "Surpassing all former efforts." He solicits your attention to the above, and feels satisfied that an examina tion will demonstrate to you that your interest can be faithfully served. Particular and prompt attention will be given to all orders with which you may favor me. Fit and Workmanship unexcelled. No. 1810 Second Ave. Rock Island. ffh-5-dly SECOND SERIES. 6 S H u One Frice Clothing Company. PUMPKIN PRIZES We will offer aerain the following Prizes to competitors for the growth of Pumpkins from our seed: First Pnizt One of the Davenport Plow Co.'s Walking Iron Beam Cultivators, with phield, for the largest Pumpkin grown from onr seed, siie to oe aetcrmmea oy wetnt. Second Pbizk One of the Eaffle"Toni?uelefs Cultivators, with Spring, for the largest Pumpkin grown from our peed, that will weili the leat, size to be deu-rmined by the distance around to be measured in any direction. TnrKD Pbixb One of the Davenport Co.'s best 14 Inch PIowh, (Laplander) for the Pumpkin prown from onr seed that will show the most aym- metrif ttl proportion, size will not be taken into consideration. Fofrth Priek One of tbe Ele Co. 'a best new Reversible Darrows, all steel and iron, for the Pumpkin grown from our seed, that Is the knot tiest, worst shape and most .ungainly looking. Fifth Prize One of the Davenport Plow Co.'a S Inch One Horse Corn Plow, for the Pumpkin rown from our seed, that is the smallest and per fectly ripe. CoKiMTioHs All competitors must deliver the Prize Pumpkins at our store, free of all expense to us, within three day of November 5th, tbePump kiug in all cases to become our property, whether successful or not. Hend your address for package of Seed, and Instructions how to compete; a com mittee of five farmers will be appointed to award prize-, which will be awarded on Nov. 5th, 1814. One Price Clothing House, Davenport. . Corner 2nd aud Main Streels, Davenport, Iowa. feb-13-deod&wtjanl-"85 JOHN RAYII COMMERCIAL ALLEY IRETREATJBI Two Doors West of Harper House. SFine Liquors nd Cigars. - ROBERT GOLDENSTEEN, Prop'tr. jnne-fiO-dly ATTEND THE JOLLIFICATION S. A. M ARSCHALL, Merchant Tailor t Positively the onlv appearance of Mr. ttarmond I iiiiunK laiaua tuis year. The sale of scat will commence Wedneadav I 1 . .L - VI J . I iwriuugaL uie iiarper noose urug nore. IMO POISON IN THE PASTRY IF 219 Twentieth Street, next door to C. Hansgen's Grocery, mOOK ISLAND. Eu purchased an lef ant atotk of fashionable suitings for Bpruig auu summer wear. say-tS-dlv TIVOLI HALLE! M. HA6BTJM, - - - Proprietor. Celebrated Imported ERLANGER BEER ! Od Draught; Chicago and Milwankee PILSENEK and Rock Island Beer. . Second Avenue, opp. Harper House, ROCK. ISLAND, )n)y-ll-dly T. B. DAVIS. 8. 8. DAVI4 The County Bnildim?. TRANSFEB3. ' 14 S. L. Waide to Adam J. Gorman, 11 inne 5, 16, 5w; $75. Geo. M. Dickson to John Dickson, un divided i lots 36 and 7, Adamsviile addi tion to Moline and undivided J w lot S nw m j, 4, 16, 4w; $1. . PROBATE. 15 Estate of Ilenry Harwood, de ceased. Claims allowed: Harriet Lester $342.85. . Davenport Democrat Co, 102 98 and C. A; Korling $53 88, all in seventh class. Estate of Andrew Wikander deceased Proof of death and petition by Anna Louise Wikander, eldest daughter of de ceased, for appointment of Eric Gustus as administrator, filed 13VIS & CO., Plumbers, Gas Steam Fitters. Complete Stock cf Pipe and Fittings up to 8-Inch. " ' ' ALL KINDS or Brass Goods, Packing, Hose. PUMP8, . SKWEK I'U'K, FIKE MltM'k', KWV oi.a AfawM m Cut Sates Over any railroad at Glockhof's, under the Harper house, Kock Island. dtf xrtrrm. Vaalll. lmm. Oi-aaa-e. etc.atavw Csks. "wnsaan,! HlteMljraa a at. I av we srau sraM waftca tBcr are aaas. FOB STEESGTH ASD TRUE FEUIlj rLAT0B THEY STASD ALONE. samatB r thi Price Baking Powder Co., Chicagor, III. St. Louis, Mo. Dr. Prlea't Craam Baklntv Pa ardor -- I Contractors for furnishing and laying Water,Gas and Sewer Pipe m. race s linpunn it east wms, Deere's Block, 1712 First Avenue; OBt ZZVZ SSScrBoa MOLimt, IU. ROC IlLAJTO, Tji. wx ak Birr oki qcauty, ag-Mwlj Deane Steam Pumps ' Eclipse Wind Mills,;; Gold's Safety Heating Boilers. i1 IBamJJa,ryWirlw