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HOCK ISLAND, TUESDAY, XMYEHUEK 3 JMn.
Single Copies 5 Cents :
fu.WHk mm mwh
: AT THE
Men's, Boys' and Children's
Gents' Furnishings, Hats, Caps, Etc., must
be disposed of at once... Sale fft
now in progress.
LOOTED THE BANK
About Expresses the Case with
the Maverick. I
THKEE OF THE OFFICIALS IN LIMBO.
Cncle Sam's Minions Gather Them la
and Present Heavy Bill Against
Them The Bank's Assets, 1,4 50.OOO,
Wiped Out Apparently by Gross Vio
lation of the Law The Culprits la
Debt to the Bank to the Amount of
Boston, Nov. 3. Asa P. Potter, presi
dent of the Maverick National bank, which
did not open its doors yesterday morning;
Colonel Jonas H. French, managing direc
tor, and Thomas Dana, also a director,
were arrested at their homes last night at
the instance of the government banking
officers. There are six charges in the war
rants upon which they were arrested, the
most serious of them being embezzlement
and misappropriation of funds of the de
funct bank. President Potter and Direc
tor French were not wholly unprepared
for this sensational development in this
most sensational affair, they having apent
tbe afternoon in seeking bondsmen.
They Had To Be .Resigned.
They took their arrest very philosoph
ically, and after being placed in custody
refused to make any statements. Presi
dent Potter owes the baok of which he
was the head and managing spirit $1,300,-
00. Colonel French owes it $800,000 and
Thomas Dana, another director, owes it
$400,W. President Potter was not re
quired to come to Boston, bnt remained
at bis home, where be is guarded by a
deputy marshal. Colonel French was ar
raigned before Commissioner Hallett late
last night and furnished bonds in the sum
of $ 100,000 for his appearance before the
commissioner. Director Dana was also
arraigned at a late hour last niht and
furnished bonds in the sum of $75,000 for
Been Irregular for Years.
It became known yesterday that the ir
regularities in the management of the
Maverick bank have extended over a pe
riod of several years. Mr. Billings, who
was bank examiner ten years ago, reports
that the bauk was sound at that time.
but there was a tendency to overloaning
ami to doiug too great a business for tbe
capital. Accord ins to tbe law there
should be eleven directors to a bank.
while this bank has had only five, and has
been a "one man" institution for years,
but during that time has been singularly
free from losses.
General Condition of tbe Bank.
The general condition of tbe bank may
be epitomized as follows: Capital stock,
fJ00,(-0O; surplus, $300,000; undivided
profits, $250,000 all gone, no one is will
ing to tell where; all as completely wiped
out a if it had "never-existed. To meet
these losses the bank has for creditors Asa 1
Potter, Colonel Jonas H. French, an nn- i
paid loan to Irving Evans of $400,000, and j
Thomas Dana. No promisor of a nat ional
bank, according to law, can borrow more ,
than 10 percent, of its capital stock;
yi't here are three men who nave bor- ,
and besides this Irvine '
Evans borrowed $400,000.
Receiver for the Maverick Bank.
Washington, Nov. a The comptroller
of the currency vesterdav annointed Mr.
Thomas P. Beal receiver of the Maverick
National bank, of Boston, Mass., insolv
ent. Mr. Beal is president of tbe Second
National bank, of Boston, and chairman
of the clearing house committee.
The Savings Banks Ara Safe.
Boston, Nov. 3. The commissioners ot
savings banks officially announce that
none of the savintrs banks of the state can i
be involved in the failure of the Maverick
bank and that there is no occasion for any !
anxiety on the part of any depositor in
such banks. i
SOME MORE INSURRECTION.
Tennessee Miners Set 200 More Convicts
Nashville, Nov. 3. Information has
been received that an armed mob of miner
attacked tbe stockade at Oliver Springs
yesterday morning, burned it and released
the convicts. This makes about 500 con
victs set loose in the past few days. It is
supposed that tbe mob came from the vi
cinity of Briceville and Coal Creek. All
were well disguised, wearing their coats
inside out. Some wore gunny sacks.
many others had their faces blacked, and 1
some wore maks. Many were drnnk.
Over 500 other convicts are employed in
tbe coal mines at Tracy City and Inman,
in middle Tennessee, but these are very
strongly guarded now.
One Family Nearly Cremated.
' Only nine men were on guard and these
were arrested and disarmed. One of the
guards barely bad time to save bis family
before bis house was in flames. Nine hos
pital convicts aud short term men refused
to run away. The work was done quietly
and only a few people in tbe vicinity
knew of the ontrage until after 6 o'clock
in the morning. ' Part of tbe mob took
charge of the telegraph office at Oliver,
keeping the operator under arrest till day
light. The news did not reach Knoxville
till nearly 7 a. m.
Th. Governor Talks of Action.
Nashville, Nov. 8. Governor Buchan
an has arrived here and has heard of the
Oliver Springs affair. He said he had ex
hausted all the resources at his command
and was determined to break up tbe law
lessness and bring tbe ringleader to jus
tice. While he symyatbized with the
miners he would not uphold lawlessness.
Dr. Morrow, one ot the sub-lessees of
convict labor has announced that the lessees
do not intend to pay the reward offered
by Governor Buchanan's proclamation
lie said that their contract with tbe stai
did not require tbem to pay a reward for
the capture of convicts who had been
turned loose by a mob.
Th. Oil Producing Record Eqaaled.
Pittsburg, Not. 3. The McDonald oil
field, near this city, touched the world's
record Saturday by producing 77,000 bar
rels of oil in twenty-four hours. The
price has heretofore been held by the
Bradford field, which, i nearly ten time.
' as large as the McDonald, and made thai
tbe record nine years ago. Saturday's
performance was accomplished without
. hii n iri ttr in anv nau U'ailtt rlia ,1 i 1 1 a HiftV-
ing suspended operations over Sunday.
Mrs. 1'arnell'a Comltiou.
London, Nov. 3. A report couies from
Brighton that Mrs. Parnell's condition la
one of suck complete prostration as to
aiake her recovery doubtful.
MONTHLY TREASURY STATEMENT.
Condition of tba Public Debt ' and th.
WABHiKVirosf, Nov. a The monthly
debt statement issued yesterday shows an
increase in the aggregate of the debt dur
ing the last month amounting to $1,290,
21. There was a redaction of $4,027,527 in
the non-interest-bearing debt; an increase
of $2,000 in the interest-bearing debt, and
a decrease of $5,316,048 in the surplus cash
in tbe treasury. Tbe total of interest and
non-interest-bearing debt, less $39,671,920
net cash balance or surplus, and the $100,
000,000 gold reserve, is $843,638,056. Of
this amount $55,026,720 Is interest-bearing
debt, made up of $559,662,223 4 per cents,
and $25,364,500 4)i's continued at 9 per
Amount of Cash In th. Treasury. -
Tbe cash in the treasury aggregates
$740,530,253. made up of $263,774,741 in
gold coin and bullion, $410.116.9U7 in silver
coin and bullion. $45,763,786 in paper
money, and $20,874,713 deposited in na
tional banks. Against this aggregate
amount there are liabilities to meet gold
and silver circulation, aggregating $560,
870,410, and current liabilities amounting
to $40,478,928. The gold coin and bullion
fund in the treasury aggregates $263,674,
741, an increase of about $1.0J0, 000 during
tbe past month, and the silver fund
amounts to $410,116,967, or about $1,000,-
000 more than a month ago.
Receipts and Fxpendltnres.
Government receipts from all sources
during the month of October aggregated
$28,500,552. against $40,215,890 in October,
1800. Customs receipts last month were
$13.9S0,6S7, against $24,934,114 in October,
1W0. Internal revenue receipts were $13,
C66.461, against $12,840.24U in October,
1 SO J, and receipts from miscellaneous
sources were $I,4Cl,413, against $1,
447,809 in October a yearago. Ex
penses of the four months during
the current fiscal year aggregated $116,
2S6.859, or about $30,000,000 less than dur
ing July, Angust, September and Octo
ber, 1890, while receipts for the past four
months amounted to $119,746,995, or about
$35,000,000 less than for the corresponding
four months of 1890,
DID THEY "SALT" THE WELL.
Curious Discoveries In a Hole In Arkan
sas 125 leet Deep.
Helena, Ark., Nov. 3. A most remark
able Snd is reported from the little town
of Liconia, south of this city. A well
was being drilled on a farm at the edge of
town, snd chpn thpv had frana In t.ti
jnth . ,o. fct ,i ,tt w
. ,. . .
the? vwere "omf Viar substance,
wh,ch was hard et not rocks- TheT ex
amined the drillings and said that they
WPTe passing through a layer of bricks, as
nothing else would give the peculiar ap-
pearauce io me uniting.
As the drill
was t such a depth that it was considered
irapussiuie iur uncks tu ue uurieu, mey
were laughed at, but the men insisted
that bricks were at the bottom of the welL
Money of a Forgotten Age.
A short time after this the men brought
"om tue bottom ot the well a lot ot
mud, and in tLls was found a
small piece of metal, which was
cleaned off and found to be a piece ot
money. It was octagonal in shape and
had hieroglyphics on in it which could
not be deciphered, but which were meant
evidently to represent the value of the
piece. It was totally different from any-
thing ever seen in this neighborhood, 'and
tne Piece was brought to this city where
it WHS shown to numismatics, but all
"greed in pronouncing it as something
beyond their knowtalge. It will be sent
to the Smithsonian institute for examina
t ion, and is believed to be a relic of a pre
THINKS HE KNOWS HIS RIGHTS,
And Proposes to Maintain Them on th.
Albuquerque, N. M., Nov. 3 Su P.
Conger, the discoverer ot tbe San Lazarus
mine, was in Milwaukee two weeks ago
and attended a meeting of the stockhold
ers of the mine. Observing that they in
tended ousting him, be pulled a pistol and
compelled them to vote as be wanted. He
then started for New Mexico, but before
reaching San Pedro the Milwaukee stock
holders held another meeting and tele
graphed Mr. Newberry, tbe bookkeeper
of the mine, to take possession as mana
ger of tbe property and hold it by force of
arms if necessary.
In Possession Once More.
When Mr. Conger arrived he was as-,
tonished to Snd a new manager in his
place and an armed guard over the mines.
He made several threats about taking
the lives of the guards, but did not carry
the threats out. Saturday he saw an op
portunity and forcibly disarmed a guard,
and with cocked revolver drove Mr. New
berry and bis armed force off again, tak
ing possession of the mine and works
Mr. Newberry is here and has wired the
situation to Milwaukee.
Th. Newspaper and th. Jury.
Gbaxd Rapids, Mich., Nov. 3. In the
case ot Elieabeth K. Sherwood vs. the
Chicago and West Michigan Railroad
company a decision has been banded down
by the supreme court of Michigan. The
newspapers published the fact that a
verdict of $13,000 had been given In the
first trial of the case while tbe second
trial was in progress, and the counsel for
tbe defense moved to have the publishers
committed for contempt. The court de
nied the motion. Tbe supreme court de
cides that even though the publication of
a verdict or judgment prejudices a case
on trial, the paper does not violate tbe
law in making the publication, and tbe
reading of such information by jurors
does not render tnem incompetent.
- Baees at Garfield Park.
Chicago, Not. 8. The winning horse
at Gar Held park yesterday were: Flying
By, mile. 1:18; Adrienne. 1 mile. 1:44:
t Duster, 1 1 16 miles, 1:50; Annie Brown,
, Jf mile, 1:15 Promise, mile. 1:17;
Snow has fallen at Chamberlain, 8. V.J
and Warren, Minn.
Asiatic cholera is raging in Damascus.!
Out of ISO cases there last week ninety
' Tbe receipts of grain at Duluth for the
year ended Oct. 81 were 24,870,106, against
9.747 999 for the previous year.
Woodbury's immense shoe honse at
Beverly, Mass., was fired hy an incendiary
and burned, with a loss of $175,000.
There was'a fight between brothers-in-law
at Frankfort, Kv., in which one of
them was fatally and three bystanders se
Ex-Jurge John Ricketts, a resident of
Illinois since 1835. and judge of Macon
county from 1856 to 1881, died at Decatur
at tbe age of 77 years.
Tbe big strike of railway miners in the
Pittsburg district will be declared off. It
has cost tbe strikers $750,000 in wages and
tbe operators trade for a year.
Hon, Carter H. Harrison has purchased
a controlling interest in the Chicago
Times, and yesterday assumed the editor
ial management of that journal.
Sitting Bull's cabin, near Mandan, N.
D , has been purchased for $1,000, a 3-year-old
steer, and two dress patterns, by par
ties who intend to exhibit it at the World's
A Mount Vernon (Ga.) murderer was " :
convicted and sentenced . within a wek
after committing tbe crime. A mob was
waiting to hang the man if the jury'
didn't. . r;
The telegraphcompanlesarebackon the 1.
floor of the Chicago board of tfrade from
which they were ousted some time ago,
and tbe traders express much satisfaction
Fire damaged the building and stock of
Lori Hard's big tobacco works at Jersey
City to the extent of $35,000. There were
1 800 girls at work in the factory, but not
o ie was hurt.
A switch was misplaced on the Alton .
road, four miles south of Alton, ditching
tbe express train from St. Louis, on
which Governor Fifer was traveling. No
one was injured.
LeeScanlan was blasting rock in the -suburbs
of Denver when be exploded
eight pounds of dynamite. He was blown
over a cliff ninety feet high and parts of
bis body were found 300 feet from the
point of the explosion. j
Larkin Nix was too intimate with the'
daughter of Thomas Mize, of Camilla,'
Ga. Mize "laid for" Nix, but tbe latter
shot the truest, and Mize was killed. A
mob then took a band and shot Nix to
The supreme court of Illinois has de
cided that a judge cannot take the busi- ,
ness of questioning veniremen out of the
hands of the lawyers. Judge Horton, of
Chicago, adopted tbe rule of asking the
questions himself, and a lawyer took the
'o Meed to Grind Tonr Knife.
Washington, Nov.. 3. A report comes
from Santiago, Chili, that the minister of.
foreign affairs, Matt a, has sent a dispatch.
to Minister Egan relative to the Balti
more affair. It is said to be couched in a'
conciliatory tone and to evince in every'
way -a desire to see that justice is done '
just at Boon as the inquiry in Valparaiso
The Weather V May Expect.
Washisqtos. Nov. 3. The followinz are
the weather indications lor twenty-fear hoars
irora o p. m. yesterday: tor Iowa Warmer. -
fair weather; ' southerly winds; increasinc
clou lineas and probably rain tomorrow even
ing. For Mu:hian, Wisconsin, Illinois and
Indiana Siigoly warmer, fair weather: winds
shifting.to southerly; Generally fair tomorrow;
increasing clnaniaess and probably light rain
THE MARKETS. J
. -. t
' "- Chicago, Not. &
Board of trade quotations fur today were
as fol owe: Wheal No. 2 November, opened
Wo?c. closed -?;; December, opened ssagc,
c od 9iac; May, opened $1.0S; closed $1.01 Ji. -Corn
No. 1! November, opened &2r.ctosed 52)$c;
year, opened 45c, closed 4-ic; May, opened.'
42Sc. closed 43c.- Oats No. 2 November,
opened 30c, closed 30W; December. oDened
ac. closed M-bc; May, opened 3. He, closed
31;s. Fork-December. opened $8.17,
closed tS.Ot January, opened 110.85, closed
SU.U; May. opened $11.15, closed $11.40. Lard :
November, opened $5.80, closed $535.
Live stock Prices at the Union Stock
y&tds ranged as follows; Hogs Market
moderately active on packinsand shipping ac
count: feeling rather easy, owing to the large
supply; prices 5&10c lower on heavy and '
mixed; lo& lac lower on li.-ht and common:
sales ranged at tU.2r.:l.,i pigs. $3.333.8J
liihi. t3.4i43Ju mixed, awl li.liXiH.10
he-ivy ackiUK and shipping lots.
Cattle Market fairly active on local and
shipping account, and prices fairly well snp-l-orted;
quotations ranged at $&0u&2a prime '
to shipping tteers, $4.3.(5.90 good to fancy do.
ta.iUM.n) common to fair do. $a.0U&4JZS
lum bers' steers. $L80&L60 stackers, fci.0u&3.10
Texaim. $-'.5ia- rangers $.CiU&:U5 feeders.
HM&H Meows. $lJS.7o bulls, and $i50j5.01
Sheep Market fairly active, and prl ces un- 1
changed; ttuotatioas ranged at 93AiL1tt
westerns, $&&&5,1U natives, and 3JQj.ao
I'roduce; Batter Fancy separator, 30c per
lb: dairits. fancy, fresh. 23U2.ic; packing
stiicks. fresh. H&lac. gs Fresh candled.
Iuks off. Sic per dor; ice house stock. 17&18c
Live poultry Old chickens, 7J4&8C per lb
string. Si : roosters: 5c; mixed turkeys, &&10c;
ducks, mixed. Siluc: geeve, $.!. 50 perdoa.
Potatoes Home grown. VXctMc per sack; Wis
consin and Michigan common. SSUQSSc; good to
choice, z&&3Uc per La: sweet potatoes, Illinois,
$L2a&1.6U per bbl: Jerjeys, tZ.Hxtf.7h. Apples
-CommuB, l.iKt,l t per bbl; good, $1.7itt4.0U;
choice to fancy, yt.2HZti.Hi. Cranberrlea-Cap.
Cod, fancy, Uu&7.0U per bbh Jerseys, $ft.76&
Sf.'w Tork. '
New York, Not. Z. -
Wheat So. 2 red winter cash. $l-04& .
November, $1.04,4; December, $Lo5& Janu
ary, $107), Corn No. 2 mixed cash, TOc; No
vember, ov".- December, 57Ho; January, 66c
Oats Dull bnt steady. No. 2 mixed cash, 379
87Vc: December. RMic. Rye Dull and weak;
quoted at $1.01(&l.ui Barley Steady; No. S
Milwaukee to arrive, 70c. Pork Dull; new
mess, tlLOO. Lard ljuiet; November, $0-23;
Live Stock: Cattle Market active and lOn
per 1(U lbs higher: native steets. $3 Za&UU per
luO lbs; choke to fancy dc, $6.75a.U0( Texans
and Colorado. $3.U&4ii bulls and dry cows,
$lJ5a3.5U. fch ep and Lambs Market ahmda
Ormer: sheen, ViAUaAAi per 100 lbs; lambs.
fttiJfeifU per 100 lo.
Tb. Berlin Printars Strike CollarM- ,
Bebus, Not. S Tbe printers atr.ke
has, collapsed, and the men are resQmiu
work In shoals.
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