IS , WW 4U
EXCLUSIVE TELEGRAPHIC PRESS REPORT.
'OL. XL. KO. 103.
ASTORIA. OREGON, WKDKSDAY MORNING, JULY 19; 1803.
PRICE, FIVE COUNTS,
ill USS ' ili il El
Tiiursfl3f'm0fnii)S'
OUR
- T
enj
The Leading and Largest Dry Goods
and Clothing House in Astoria.
E2
COMMENCING
IMMENSE STOCK
the Market
SME1
OF
lb
.r Sim
3
E
Several of Them Campellca to Close
.ThciiDooa
SMALL) " DEPOSITEES EX011ED
Ami Entirely Keapoiiiilble fur tho Cun
dltloii ef Affalri-The Wont Thouicht
; v to Be Over.
Associated Press.
Denver, July 18. No Jcie was ever
witnessed here before like jiaX of this
morning, shortly after the hour when
the banks opened for business. The
failure! three savings banks yesterday
had excited the masses, and at the
hour of opening . the streets were
crowded with anxious depositors. The
eleven.'! clearing house banks, located
within, four blocks of each other, were
surrounded, and far Into the streets
the crowd gathered - until the police
were called to clear a way for traiflc
At 10 he Union National, with a cap
ital of ,$1,000,000, posted a notice that
they would 'not open their doors. This
Btarteda panic; and following quickly
the!0mmerclal National posted a sim
ilar notice,' and then, the National Bank
of Cofumerce. ' A rim was immediately
started an all the other banks, although
to no' great ' extent upon the Peoples'
National. The First National appears
In unexceptionable condlton, having
aver sixty per cent of Its deposition
hand, with a private fund of a million
and a half in. addition to draw upon,
making It Impossible to close their
doors. The Colorado National and sev
eral others are equally good. The mob
wthdrawlnij money are all small de
positor". The banks are paying all de-
mands except time certificates, de
manding that these remain until the
expiration of their time. President J.
A- Thatcher, . of the clearing house,
says; "I am confident today -will see
the worst -of this, and that the people
will game to their senses."
Denver, July 18. The Mercantile
Bank, a private Institution, with a cap
Hal of $100,000, failed at noon- The
failure was caused by that of tho Un
ion National, through which it cleared
Denver, Col-, July 18. The Union Na
tional Bank has closed. It has a cap
ital of a million dollars. No statement
has been made as yet. A run Is now
being made on the City National, Ger
man National, First National, Color
ado, National, and all of the eleven
clearing house banks. A veritable pan
ic is on.
Denver, July 18 The Commercial
National Bank has closed Its doors.
Denver, July 18 The National Bank
of Commerce- hoa closed.
Topelta, July 18 State Bai-k Exam
iner Brledenthal till" morning leceived
notice of the failure of tho Citizens'
Bank at Kansas City, Kas., the Bank
of Richmond and the Farmers' and
Merchants' Bank ot Osnuwattomle.
The concerns are all im.l No state
ments have been male. Other similar
failures throughout the state are ex
pected
Fort ScotfT Kan' July IS. The First
National Bank, the oldest financial In
stitution m this part cf the state, has
failed.
Toledo, Ohio. July 18. -The Citizens'
Bank of Ada, the jnose prominent b.irik
in Hardin county, railed this morning.
No statement hss as y.it been made.
OTHER FAILURES
A Few Business Houses Make lAsslgA
ments yesterday.
Denver, July Hyman & Company,
proprietors of the Beehive store; Mc
Whlrter & Dlpps, dealers - in mantels
and tiles; and Engle & Harris, dry
goods, . have Just assigned. No state
ments have been made, but the amounts
are probably not large.
Denver, Col., July 18 The McNa
mara Dry Goods C6mpany,' one of the
largest houses in the West, was closed
by attachment this morning. Liabili
ties, $250,000; assets Unknown-
AN EXCITED STOCK MARKET-
New York, July 18 The stock ex
change opened In excitement and a
general decline In mice followed. The
break started In London accompanied
by a report that a lanre International
banking house was about to fall. The
nouse referred to Is that of Crews,
Llchtenstad & Co., whose embarrass
ment wa caused by an injudicious and
unfortnnate Speculation of a Junior
partner. The house was helped and
did not fail.
Another thins; which aided the un
easiness of tho stock market was the
rumored etnbarassment of certain rail
way companies. .Receiverships are
talked of for half a dozen roads. The
reports are denied In official circle,
but the denials do not kill the rumors.
FALL IN PRICE OF WHEAT.
Chicago, July 11 Under the Influ
2
London and New York, and the bank
panic in Denver, wheat plunged down
ward 2Vj cents.
HELD TO ANSWER.
Verdict of the Coroner's Jury In the
Chicago Fire Investigation.
Chicago, July 18 The coroner's Jury
Investigating the World's Fair fire late
this afternoon returned a Verdict hold
ing J. II. Skinner, president of the Cold
Storage Company, D H. Burnham, di
rector of the works of the World's
Fair, Assistant Fire Marshal Murphy,
and others to the grand tfury , as re
sponsible for the terrible loss of life,
All of the Indicted men will give
bonds tomorrow, no order of arrest
having been made. Fire Marshal Mur
phy .was much affected by the verdict,
which he declared unjust, as he was
neither negligent nor guilty of mis
conduct. Burnham was held on the
grounii that he was. aware of the
faulty condition of the building, and
still permitted Us erection on the
ground; SWnner and McDonald because
they built the building, and Murphy be
cause it was alleged he did
not fully Investigate the fire before
sending the men Into the tower- Mur
phy himself swore the men were al
ready In the tower when he arrived.
A DECISION OF IMPORTANCE.
Olympla, July 18 The Bupreme court
has rendered an Important decision in
relation to tha duties of the Btate
commission. The latter commission
contended that by the act of 1893 the
local board of tldeland appraisers pro
vided for by the act of 1890 l abolished
and that the official duties of local
boards devolve pn the state land com
missioners. The supreme -court holds
the act of 1893 to be rambling, disjoint
ed and somewhat Incongruous, and
reaches the conclusion that the legis
lature did not Intend to merge the
local boards Into the land commission,
or ,ln any way to interfere with the
functions or powers, and the court Is
satisfied that the law of 1890, relating
to the duties of local tide appraisers,
has not been repealed.
HILL'S LATEST PLANS.
St. Paul, July 18. President Hill, of
the Great Northern railway, has com
pleted arrangements with Samuels &
Co., of London, for a line of Bteamers
between the terminals of the road and
all leading Asiatic ports. The company
will, early In AuguBt, have thirty large
steamships in the Pacific service. One
will carry the largest tonnage of any
merchantman in existence. What is to
be known as the Great Eastern Steam
ship Company will berganlzed.
SENATOR JONES' BIG TALK.
New York, July 18 Senator Jones,
of Nevada, Is arranging for a free sli
ver convention nt Chicago on August
1: The senator told 'a reporttr thut
whatever disposition the house ninles
of the Sherman act, a repeal cannot
pass the senate unless a substitute is
offered which shall be satisfactory to
the champions of free silver coinage.
"I can If I wish," continued the sena
tor, "tie up the senator from now until
the terms of its members expire."
ENORMOUS LOSS D7 FIRE-
London, July 18 Last night's fire
among the warehouses burned over an
area of 1,500 yards. Thirty buildings
were totally burned-. The loss will
foot up 1,500,000.
OLNEY WILL BE THE MAN.
Washington, July 18 It Is learned
from inside sources that Attorney-General
Olney will be appointed to the su
preme bench to succeed the late Jus
tice Blatchford-
The London Grocer, June 24th has the
following to say regarding the English
salmon market: Salmon remains in
much the same position as before, sup
plies being quite on an equality with
the demand, which ' sometimes flags,
and we have heard of sales being re
ported at a slight discount from the
rates originally quoted, but the full
particulars have not been allowed to
transpire. " In a late circular Hyde Mo-.
dera Co., (limited) of London says:
Several cargoes of salmon have lately
arrived,' but distributors having enough
stock for their immediate requirements
are not willing to stock further (quan
tities unless at lower values, and, as
the bulk of the salmon is firmly held,
holders ere not disposed to let go under
tho current rate. The market may,
however, be described as slightly easier
within the last few weeks, although
the exceptionally warm weather we
have had during the spring and sum
mer should tend to Improve this line,
as In fact It should all classes of can
ned goods.
BHOAL WATER BAY OYSTERS.
Fresh oysters can now be obtained
dally for 50 cents a quart, by leaving
orders at this office addressed to Hom
er Fletcher.
During the next thirty 'days I will
sell all grades of wall paper and decoA
rations at a discount of 25 per cent.'
Examine tne splendid bargains. J. W.
Crow, successor to Kysn ft Company.
ence of a panicky feeling of stocks
mm WITH OISCREDIT
ials in WasbiBEtoii Belicyc lie
Mobieau lo Be Unlipc..
NO AUTHENTIC SEWS OBTAINED
Tho Alexandria's Whereabouts Unknown .
Tb Mohican's Machinery He
joml llio lteach of Shot.
Associated Press. i
Washington. July 18 Additional de
tails mf the firing on the Mohican have
not yet convinced the navy department
officials that the story Is correct. The
utmost the department will admit a?
reasonably probable is that If the Al
exandria did escape from tho Mohican,
It was solelv on account of fog or
superior speed, and not owing, to d'"
abletment of the Mohican's machinery
by shot. Indeed, It is said that owing
to the location of the machinery, which
is well below the water line, it would
scarcely be possible for a small shot
ta reach ft. There was a good deal of
speculation at the navy department "as
to what fate may be in store for the
Alexandria If the story is true. Some
officers high In rank thought she might -be
classed as a pirate and treated ac
cordingly, but cooler heads" held that
as her original offense was not one rec
ognized by Iternotlonal laws, and that
as she was under Hawaiian reglstery,
she could pot lo taken upon the hign
seas, if she appears at San Francisco
It Js a question whether she could be
seized, except upon evidence' of which
there appears to be none, that she had
violated the sealing laws.
CONSIDERED A HOAX.
Seattle, July 18 The story about the
United States Steamship Mohican: be
ing fired into and disabled , by the
steam sealer Alexandria Is now be
lieved to be a hoax. The story was
told "by G. T. (Barrett, of Klok island,
whp came downi on the City of Topekay
but the officers of the boat know noth
ing about the occurrence. Judge Truett
of the United States court of Alaska,
and E. B. Hatch, ex-collector lof cus
toms, who arrived on, the Queen, which
left iwo days after the Topeka, say"
they hod not heard Jof any such af
fair, and the mall (boat from the north
had arrived in Sitka .several days be
fore they left. No jother passenger
except Barrett, of eltheri steamer, and
none of the officers of either, knew
anything to coroborate the story.
FIGHT WITH A HORSETHIEF. '
The Dalles, Or, July 18 Deputy
Sheriff Cnrbaley, of Douglass County,
Wash., and Deputy J. H. Jackson, of
Uii'J city, had an encounter with a ren.
egade horse and cattle thief named Ed.
Henderson, at Tygh Valley yesterday.
Several shots were exchanged, but no
one was hurt Henderson escaped In
tho melee. Henderson Is the leader of
ovr a score of men who have been
committing outrages on cattlemen in
both Oregon and Washington, but their
plans have been so well laid that it
has been Impossible to locate them.
Henderson is now at large and Is sup
posed to be ltv Zumwalt canyon.
A RUMOR DENIED.
New York, July 18 In regard to a
rumor at Omaha that the Union Pacific
would have to go into the hands of a
receiver, General Manager Dickinson
says: "We are in no worrce shape
than other Western roads, and If the
Union Pacific should go Into the hands
of a receiver, which I do not for a mo
ment anticipate, it will have several
associates in the same business."
NOTABLE DEAD.
Oklahama City, July 18 Ex-govor-nor
W. M. Stone of Iowa, late com
missioner of the general land office,
died at his residence near here today.
DOWN GO THE RATES.
The Union Tnnlf.. nnnr ,ln. ...
duced rates to Eastern points, and
i. i .I i
men- mruugn car arrangements, mag
nificently eriUlnnert Pullman nn.l tniii..
lt sleepers, free reclining chair car
and fast time, make It the best line lo
iru-vei. a. wo trains leave rrom jport
lnnd dally at 8:16 a. m. and 7:30 p. m.
The rates are now within reach of all.
and evervhnilir hn,,M tuu
of them to visit the World's Fair and
uieir inenas in tne East. Send f :
rates and schedules of trains, and i t
not purchane tickets until after con
sulting G. W. Lntlnoherrv Aronf k -
torln. Or., W. jr. IIITrlkiirt.
Ass't Gen'l Pass. Agt. U. P.,
Portland, Or
DO YOU LIKE OYSTERS?
Those who wish to have the finest
Shoalwater Bay oyBters or clams by
the quart or pint In Jars, can have
them delivered nice and fresh by H..m
er Fletcher. Orders left at The Al...
Han office will receive prompt and care
ful attention from him.
J. W. Thompson, organist at the 'M.
R. church, wishes to take a few mnro
pupils In munic, piano or ortron
4U A.rtor strict. .-