Omaha daily bee. (Omaha [Neb.]) 187?-1922, May 09, 1884, Image 1

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r 1 HR OMAHA DAILY BEE.
THIRTEENTH YEAR. OMAHA , NEB. FRIDAY MORNING , MAY 0 , 1884.
THE GRANT FAILURE.
TanWlt-BrlDgsSnitFortliGAppM
mcufofaRecelFor ,
'fio Olaims-Ni&klo Plato Collator"
alsjiro Rehypothecated !
3 * 'Tho Amount Originally Borrowed
Over Five Millionsi
( rront and Ward Eastrainod From
Meddling With the Assets ,
>
The Firm -to Hav.o Till the 12th
to Answer tile-Suit ,
General Grant. Itotnlns IConlclIng for
tlio Emergency. * * * '
GUANT & IVAIUJ.
VANDKU11ILT AFIEll THEM.
NEW YOUK , May 8. In the suit
brought by the Now York , Chicago it
St.Louis'railrnad company a ainstUlyssos
Grant , Jr. , Ferdinand Ward , Ulyeos
Grant , James D. Fish , Arm 0. Smith ,
Julian J. Davis and John Morris in tKo
supreme court , Judge Donahoothis After
noon granted an order requiring the de
fendants to show cause , on the 12th inst ,
why n receiver should not ba appointed ,
* and why an injunction should not bp is-
suod. In the meantime the defendants
are' restrained from interfering with the
partnership assets"of the firm of Grant &
'Ward.
The order and injunction were granted
JUpon the complaint of Wm. H. Vanderbilt -
bilt , 'president of the Now York , Chicago
& St. Louis R. R. Co. In the affidavit
Yandorbilt says : "About April 12,1884 ,
'tho railroad mndo n promissory note
whereby for vnluo received , it promised" '
to pay Grant & Ward § 5,000,000 , the
note to bo duo January 1 , 1885. On the
20th of April the company made another
note to the same firm for $200,000 , also
.payable January 1 , 1885. An collateral
security for the payment of these notes
the plaintiff deposited with Grant &
Ward 1,400 negotiable bonds of the rail
road company of $1,000 , each , secured
by second mortgage upon the railroad.
Vanderbilt alleges , on information and
belief , Grant and Ward upon the receipt
of these notes and securities-united these
.bonds indiscriminately frith securities belonging -
longing to ether parties , for the purpose
of borrowing money , and plaintiffs property -
orty has become distributed among
a great number of persons and
corporations , who claim thereon
by this mingling up , that , the securities
become liable to be sold for a debt for
which they were not originally pledged
to the firm , and their identity in likely
to bo lost to the defendants in the suits.
Javiesj& Morris are the assignees. Pend-
r'ljgflhp suit the plaintiff asks for the ap
pointment of a receiver.
GRANT RETAINS CONKLINO.
NEW YORK , May 9. Gen. Grant was
.at the office a few hours to-day and loft
about 3'o'clock. Between 1 and 2 ho
had [ a consultation with Roscoe Conk-
ling , w ho , it is reported , will act as his
.adviser in his financial difficulty. Fred
Grant was also present
GRANT AND VANDERBILT.
The day after the failure General Grant
called on Wm. H. Vanderbilt at the lat-
VL , tor's desire , and its said gave assurance
V -that Vanderbilt would be fully protected
VS in the matter , oven if great sacrifices are
. necessary in the direction of Mrs. Grant's
S property.
THE GRANT BOYB.
Frnderick D. Grant , while not a mem
ber of the suspended firm , says ho had
-everything with them and suffers along
with them.
Jesse P , Grant , another son of the
general , is supposed to bo involved in a
similar way.
An enormous amount of unsecured
liabilities of the firm of Urant & Ward
exists , comprising notes and simple ro-
caipts for money received for speculation.
It is said the firm started with
THE VRESTIQE
of General Grant's name to aid the mem
bers in securing capital and inspiring
confidence in their ability and position.
Actual money was raised on notes that
the ex-president and James D. Fish 'had
endorsed. The co-partnership agree
ment provided that each of the mem
bers could withdraw $3,000 a month.
It is said the profits above that sum bo
retained as capital. Neither of the
Grants is beleived to have paid closer
attention to the details than regularly
drawing his allowance.
THE SCHEME
carried out to obtain the most funds waa
based on advances made by the firm
to contractors for Indian and ether sup
plies to the government , the firm taking
assignments of slaims from these men
and collecting on 'thorn when the con
tracts wore approved in the regular
course of government procondurc ; on re
presentations respecting thesn contracts ,
heavy sums of money were obtained or
notes or receipts given by the firm or the
individual members.
mail HATES
of interest were paid and in many casoi
the advances seemed for only a few
months. Confidence in the house causet
many persons to lot their money lie un
claimed for a long timo. It is utated 01
good authority that there are outstanding
nearly § 2,000,000 of these unsecured ob
ligations of the firm , hold between tw <
individuals. It is ur. < d the liabilities o :
this chaarctor will amount in nil to
KIVK MILLION DOLLARS.
, The Tribune of Friday says not onlj
nrc Grant and Ward known to have re
/ hypothecated securities lodged with than
nn loiuw by several railroad companies
Imt they have obtained larger advance
oil BOJIIO of these collaterals than th
nmniiilU they had advanced. Best in
formation now puU their gross liabilitic
i4 not far from
'JT..V MILLION DOLLAH8.
No < mtmato | 0.111 lia made of their assets
exuluilvo of loans they made on securities
ties they have repledged. No utatomon
in cilitniimblo respecting the condition c
Iliu Marino banic , and the prospect c
t'liul ' paymmr. to depositors will bo
moro matter of guesswork until the bank
oxnminorfurnishos his report.
Groundless Humors.
NEW YORK May , 8. Superintendent
Camp , of the clearing house , fays there is
not the slightest ground for the rumors
against the banks of this city.
Grant & Ward made an assignment to
J. L. Davis.
A Washington special says : The exam
iner of the Marino bank has written that
strong efforts are being made to bridge
over the present difficulty.
A report is not expected for a week.
J. D. Fish , president of the Marino
National bank has made nn nssignmont to
J. H. Morris. The preferences of the
Marino bank are Grant & Wnrd.
The excitement by the failure of the
Marino national bank has greatly moder
ated. Grant & Ward's statement is an
ticipated with interest and is expected
to-day. The committee to investigate the
Marino bank accounts began ita labors.
The opinion grows that President Fish
acted proaturoly. There < wpro few
inquiries at the bank this morning , the
depositors believing they would bo paid
in full.
LONO ISLAND CITY. May 8. Mayor
Potry was assured by President Fish that
the city would not lose a dollar by the
closing of the Marino bank.
The Marino bank directors adjourned.
No statement is likely to bo inado t"
day. Directors Sieack says nb receiver
will bo appointed , and the chances of re
sumption are pCod. Fish wa ? not asked
to resign , but in 6so < of'a reorganization
there will bo a now president nnd cashier.
Frod' R. Grant and Jessie R. Grant
lade assignments to James McNamoo.
'h'o former gave references of $240COO ;
the latter 59,200.
SAVING
Concluding , Jay | of the American
Forestry Con cross.
WASHINGTON , May 8. The American
orostry congress concluded ita annuo-jsea-
on to-day. A general discussion 8'/ow- / .
d the prevailing sentiment was h t the
( reservation of timber lands was a mat
er of national importance and such gov-
rnment land should bo withdrawn from
ettlemont or public disposal.
A paper wa * road by Jno S. Hicks , of
few York , entitled "Planting of Trees
> y Railroad Companies. " Ho would ro-
uiro nearly half a , mile of growing tim
er along the side of each mile of railroad
6 produce a sufficient number of trees
or its use , exclusive of timber used for
> ridging and fencing.
The convention adopted n report earn-
stly endorsing the bill now pending in
ongresa tp establish national experi
ment stations in _ connection with tho'
ollegea of the Various states.
A resolution was adopted calling up'g
ndustrial echools to begin at once the
orkof forestry education in their in
ductions *
President Loring delivered the closing
ddress. He explained that hp had '
sailed the meeting at Washington becaus'o
10 believed the time for mere talk had
mssed ; the time for action had como.
lo believed tha forestry congress , if held
n Washington , would receive moro com-
ileto recognition from congress , and
ithout such recognition little1 could be
one.
The next session will be held at Sara-
oga , probably in September.
IRISH REPUBLICAN .
The National Committee in Session at
Chicago Preparing for
the Campaign ,
CHICAGO , May 8. The Irish Republi-
an National committee has been in
ecret session hero the last two days to
rrango for campaign work in the intor-
st of the republican party during the
ext presidential canvass. It was docid-
d to'maintain headquarters in Chicago ,
iow York and Washington. The speak-
rs sent out by the league will be urged
, q attack free trade theories as fbo sur-
st means of alienating Irish votes from
10 democratic. party , on the ground
lat free trade is an English measure ,
hventy-throo states wore represented at
10 session. J. Curran Koegan , of Col-
rado , was olotcd general secretary.
Tlio River ana Harbor Hill.
WASHINGTON , May 8. The river and
labor bill as reported contains the fol-
owing appropriations for rivers ; Illinois ,
11. , § 100,000 ; reservoirs nt the head
waters of the Mississippi , § 00,000 ; Mis-
issippi from St. Paul to Dos Moinca
apids , $250,000 ; Dos Moines rapids ,
150,000 ; Mississippi from Dos Moines
apids to Illinois river , § 200,000 ; Missis-
ippi from Illinois river to Cairo , § 500-
00 ; Mississippi river below Cairo to head
> a sos$1.25p,000romoving"obatructipns ;
n the Mississippi , $75,000 ; removing
ibstruotions in the Missouri , $50,000 ;
urvey of the Missouri above Fort Ben-
on , $15,000 ; Missouri from mouth to
Sioux City , $500,000 ; Missouri from
Sioux City to Fort Benton , $125OCOj
Yellowstone , Montana , $200,000. Tlio
ipropriations for harbors are ; Alton ,
ls.201000 ; Calumet , 111. , $20,000 ;
Dhicago , $100,000 ; Waukegan , 111. , $20-
000 ; Dubunuo , Ia. , $20,000 , For exam-
nations and nurvojs of new projects in
various states and territories , $125,000 ;
ror Honnepin canal , 111. , $300,000. The
l as reported appropriates $12,010 110.
TBLiKGR.Vl'Jl NOTES.
Gen. Grant has been elected commander ol
tha military order of tha loyal legion.
Tha general conference of the Afrlcai
MothodUt church H in BOJ.ilcm In New York
200 delegates were present the first day.
The body of the lit3 1'rof. Samuel 1) . Grosi
of Philadelphia , wa cremutoJ ut Washington
Immuermeii'H Property Abla/.o.
OLOQUETTE. Wis. , May 4 , Th <
planini ; mill and dry kiln of the Ren-
wick , Haw & Cressott lumber company
and 20,000 feet of lumber were burnec
nt noon. An hour later thu otablcs o
the Duluth Lumber company wen
burned , and nineteen horses roasted ,
A Senatorial Contest Whitewashed
LOUISVILLK , May 8. The committo
investigation the charges of 'corruptioi
in the late- Kentucky iienatorial oloclioi
report that no candidate gave or ofTire
any money.
EUROPEAN INTELLIGENCE
A Nihilist Father and DanEhtcr At
tempt Suicide in Conrt ,
The Faroe of a Health Exhibitior
Opened in London ,
A Baron in Jail for Assaulting o
Servant Girl ,
The Pope and Prussia Coming tc
a Genial Understanding ,
Franco Contemplating Soiling Hoi
Railways to Raise Funds ,
Other IntolllKonco From the Conti
nent of Troubles ,
FOKKIGN NEWS.
NIHILIST PAT1IKK AND DAUOIIIEU SUICIDE.
Sr. PETEHSDUHO , May 8. During tlio
rial Tuesday of the nihllUta , Dubotaki
and the daughter of the prisoner stab
bed themselves , the father fatally , the
daughter dangerously.
/ THE HEALTH EX1III1ITION.
LONDON , May 8. The Duke ; JJam.
> ridge tormally opened the ) JSUh Kx-
libition to-day. The Prince of Waloa
one .telegram wishing success. Glad-
tone was present and was greeted with
ninglcd cheers and hisses. The show is
n a backward state.
A imuTK'or A junoy.
Baron St. Loonarda , charged with \n-
ocont assault upon a female servant ,
wa boon sent to jail , bail being refused.
TOPE AND PRUSSIA.
L'ONDON , May 8 The entente bo-
wcon Prussia and the Vatican will bo
stabliahed upon the confirmation of the
accessor to CountLedochouski at Poso'h.
tishop Lydowski has been nominated tp
liat office. Prussia's relations with tlio"
Vatican on other questions are cordial.
THE COW10 ASSOCIATION.
PAUIS , May 8. Franco is said to bo
iforraally pledged not to.intorfero with
10 African International Association of
/ongo. The latter has undertaken to
ado to Franco its African property in
10 event of the dissolution of the associ-
tion.
BELLINO THE STATE RAILWAYS.
In view of the constant deficits of sov-
ral budgets , the committee have under
lonsideration a. proposition for selling
ha state railways.
SUAUON'S SliAME.
V Startling Development One ol
Miss Hill's Witnesses Acknowl
edges Herself a Perjurer.
SAN FRANCISCO , May 8. The Sharqn
livorco case was productive to-day of t
tartling and unexpected development ,
Ura. Martha Arlaon ( colored ) who testi-
ied in behalf of the plaintiff , Miss Bill ,
she bad seen the marriage contract
n 1880 , and when on the stand recog
nized the document produced as the
lame , acknowledged to-day , when called
> y the defense , that she had perjured
lorself ; th'at she had never seen the docu
ment until shown her by Miss Hill a
hort time before the trial opened. She
ays Miss Hill promised to pay her
$5,000 $ to swear she had seen the conTact -
Tact in 1880. She agreed to do BO and
lid. Her husband , after reading the
contract , also agreed to swear ho Raw it
ho same year. Ho was to receive § 2,000
additional. Being cross examined she
aid she had only testified previously to
what Miss Hill instructed her , and that
ho did not know she was committing
> erjury.
Cuba IMIHcuUIcs ,
HAVANA , May 8. Several military
irisonprs arrived yesterday from the in-
.orier. They consist of a commander of
a regular Infantry battalion , a sub liou-
.onant of artillery , two regents and five
soldiers General Castillo has dispatches
rom Madrid notifying him that notes
.nd clues have boon found , which estab-
ished the fact that the recent military
conspiracies have far reaching ramifica-
ions in the ranks of the Spanish army in
3uba. These dispatches and the arreste
still more enfeebled Captain General Cas-
illo , who , it is said , forwarded his rosig-
lation by steamer May 5th. Meantime
Castillo directs the censorship with re
newed vigor. It is suspected that letters ,
ispccially from the UnitedStatoaaro care-
ully scrutinized.
WASUINGKI'ON NOTES.
IHE MISSOUHI HIVEII COMMISSION.
Special dispatch to the BKE.
WASHINGTON , May 8. The bill cre
ating a permanent Missouri river commis
sion is reported to the house to-day from
ho.commission on commerce. It pro
vides for thoappointmont of five commis
sioners , three of thorn from the army , tc
iavo charge of the improvement of the
Missouri river. The committee will urge
; his bill as preferable to the river one
larbor bill plan , aa the commission cre
ated by the river and harbor bill is foi
only ono year , while that of the commerce
merco committee bill is permanent anc
and has two civilian members. It wni
reported this morning.
ANOTHER DECAPITATION.
Dow'itt , of Now York , is preparing t
tariff bill , which ho thinks can bo passed
POUTV-EIGIII'll CONQUKSS.
SENATE.
WASHINGTON , May 8. The chair laii
before the sonata a house message an
nounciug non-concurrence in the senat
amendments to the plouro-pnuomoni
bill. The eonato insisted on its amend
montf ) and the chair appointed a confoi
enco committee.
The chair also laid before the sonata
house message ntmouncini ; nou-concui
renco in the Senate nmondmenta to th
Fitz John Porter bill. The aonato insisl
ed on its amendraonta , and the chair aj
pointed as a conference committee on tli
part of the senate Messrs ; Scroll , Log a
and Cockrell.
Logan asked to bo excused from adit
on tlio commiUco. lie said it was well
iiiown tlmt ho was opposed to any prop
osition for the relief of the ponon named
n the bill nnd therefore did not think
litnsolf a proper person to bo on the
committee ;
The president of the sonata said it wai
.ho custom td plnco on such committees
some member who voted with the minor-
ty on the passage of the bill forming the
subject of the conference.
Logan said ho could not and would not
servo nnd was accordingly excused and
Hawley , appointed in his stead.
The chair laid before the senate a com
munication from the secretary of the in-
orior submitting supplomouoal estimates
of § 292.020 for further clerical hire nec
essary if the , pension bill now pending
pauc * .
Mr. Mitchell , of the committee on
pensions , reported favorably with amend-
nonts , the houao bill granting pensions
o soldiers of tile Mexican war. It was
ilacod on the calendar , and bills hereto-
ore introduced in the sonata on tha same
ubjoct wore indefinitely postponed , The
amendment provides that no ofltccr , en-
istod man or "widow shall bo entitled to
ho bonoflU of this act unless dependent
n whplo'or n part upon his or her laborer
or assistance from others for support.
Mr. Dawes ( rep. , Mass , ) offered a res-
elusion which was agreed to , calling on
ho secretary of the Interior for iuforma-
ion whether nny stops had boon taken
or the prosecution of ono Hollurinp for
liooting nn ludian nnmca Black Wolf.
Iolforiilo"ho said , was a cow boy who
nado a b'ot.with . his friends that ho could
pjit a' ride bullet.through the Indian's hat
vjthput , touching his head. Ho made a
light tnia'taVo , however , and put the bul-
ofthrough the head instead of the hat.
The Indii&s felt outraged , and in the ex-
itomont burned a house belonging to the
owboys. ' The house burners wore tried
md sentenced to five years imprisonment ,
ut the man who shot the Indian was still
ntriod nnd unpunished.
' Mr/Vati Wyck offered ft resolution ,
rhich. at Jud suggestion of Conger , was
aid-o\Tor ono day , directing the secretary
f tlio.interior-to withhold the granting of
atonts to , or recognizing any claim
nado by the Northern Pacific railroad ,
or laud adjoining'on account of what is
cnown as the .JPugalluy's branch , built
nany.years ago until congress takn ae
on on the question of the forfeiture of
10 lands granted to the road.
The snipping bill "was then taken up.
'ho consideration of the bill in com
mittee of the whole was completed ,
House bills wore taken from the table
nd with but slight debate amended to
correspond to the house bill as amended ,
nd then passed without division or do-
ate , nnd Fryo at once moved the ap-
lointmont of a committee of conference
in the disagreeing votes of the .two
louses. : Tssjf
Pending the debate the aonato ad-
ourned. '
Oi - * "
n |
THEUNION PACIFIC.
* - , -
Important Changes Decided Upon.
Ipocial
NEW ° jTonk'May 8. The stockholders
if the Union1 J-f cifio who have not boon
atisfied with jiav administration of the
company's a fftra , rs ) responsible for the
tatemont that rty controlling powers
lave doternnQC/i / ' < ipon a change which
will practicalljlwio the management out
Sidney Dillogi hands. It is said that
General Manag r'Olark , of Omaha , has
> oen promoted to a vice-presidency with
ncroaoed powers. "This , " said ono of
ho diBsattntied stockholders , to-day ,
'virtually ' places the operation of the road
ndur the control of Clark , who is a good
ailroad niau. " The friends of Dillon in-
isted that no arrangement had been
made affecting his powers as president ,
nit the statement that Clark had been
iven increased authority was not denied.
The Transcontinental Pool.
ST. Louis , Mo. , May 8. In the trans-
ontinental association meeting to-day ,
ho special committee appointed Tuesday
o formulate a plan for reorganization ,
ubmitted a report recommending a gross
T money pool to succeed the present
ihysical or diverting plan , and the prop-
sition was trooly discussed. It is under
load two roads in tlio association oppose
ho pool , chiefly the Northern Pacific ,
which is not able to determine how much
f the California business it can handle.
'ho roads favorable to thn pool , however ,
liink this trouble can bo obviated by
caving the Northern Pacific out for the
irosont and paying it a specified sum for
maintaining the rates established by the
> ool. The Topeka & Santa Fe , it is said ,
vill agree to become responsible for the
action.of the St. Louis & San Francisco ,
Guarding the maintenance of rates and
t ia believed both the Texas & Pacific
nnd the Union Pacifio will withdraw their
> rovious action in auvoring connection
rith the association and join the pool if
no is formed. _
Kansas City Komls Agree.
KANSAB C rr , May 8. A mooting of
uonoral and local passenger and ticket
, gents of the roads parties to the Kansas
My agreement was hold to-day. The
vcak points in the agreement were
trongthened , and existing d flicultics
lottlod. It , was agreed in making rates
on through tickets east that the proper-
ion of faro to Chicago bo not loss than
11 , to St. Louis $5.75. The dilluroncu
in special and northern business wai ad-
'ustcd , and the tariff rate restored.
The \Vinbaali KttcelvornUlp.
NKW YORK , MA ? 8. Counsel for Jay
jould denicu the Wabash railroad will bo
laced in the hands of a receiver. Ho
jays there is no foundation whatever for
rumor to that effect.
Commissioner Evans issued an order
to-day abrogating the system of the col
lection of matured taxes on whisky ot
warrhouioH , by assessment , and directing
collectors of internal revenue to col tec
such taxes by distraint only bringing sui
on the warehouse band. The change
will take place August 1st.
Uncos.
LEXINGTON , Ky. , May 8. The tracl
was ankle deep in mud to-day.
Throo-fourth mile , for all ages. Ladj
Loud won , Burr Oak 2d , Charley Luca
3d ; tirno , l23j. ;
lj miles for all'agei , Frooland won
Cantorvillo 2d , OarUiual McClosky 3d
time , 2:25. :
li miles , all ages. Silvia won , Wnv
O'Light 2d , Manitou Bd ; time , 2,09.
Milo. Princess won , Bismarck 2d
Bennie Australian lid j time , 1:54 : ,
A CHANGE ON 'CHANGE.
rheGIiicafio Markets Present aMartcfl
, Contrast Yesterday
Fo the Very Exciting Soonos of
Wednesday Laati
While tlio Cereals Hold Their
Own in tbo Way of Valuosi
'ork and Lard in Fair Demand
and a Sliado Firmer.
Oattlo in Stronger Demand , With
Firmer and Higher Prioosi
The liny Market Active "With Muub
Iiluhtor llccolptM.
OHIOAGO MAUKKTS.
A IIKAOT10N.
poclnl Dispatch to TUB UKE.
Oiiioxno , May 8. The markets to-
ay presented n strong contrast to the
ctivity and life of yesterday. Trading in
vhent was on a moderate scale , but this
vas followed by periods of 36roikt quiet.
Corn was moderately active nnd stronger ,
vhich was about thu only feature of the
ay.
WHEAT.
Opened J to jo higher under the im-
ulso of guod buying , but fell off to } c ,
uctuatod and closed about \o \ better
liau yeatnrday ; May closed nt'Jc ! ) , Juno
4 c , July OGo. On call sales wore 525-
00 bushels at uuchaugoa prices.
COllK.
There won a gnod shipping demand for
orn , and the feeling in the market
* rong. The market steadily advanced
c over the opening figures , receded $ to
c , advanced n trifle , and closed ono over
ostorday. May closed at 65J ; Juno 57ij
nly 59J. On call sales were G35,00 0
nishols. Juno declined Jo.
OATS
nlod steady and firm ; May closed at 112/i ' / ,
uno at 33 to 33 c , July nt 33jc. O'u
all sales were 70,000 bushels.
ronic
was in fair demand and a shade firmer ;
lay closed at 17 45 to 17 50 , Juno 17 60
o 17 C2J , July 17 70 to 17 72J. On call
ales wore 500 barrels ; unchanged.
LA.UD
was a shade firmer ; May closed at 8 5G
o857A , Juno 8 00 to 8 G2 | , July 870
; o 8 T2l. On call sales were 750 tierces ;
uuo advanced 2&c.
LIVE STOCK.
In cnttlo the demand was again strong
nd prices ruled firm , and 15o highei
han yesterday. About oyorythinff do
irablo was sold at an early hour. Large
numbers of very poor Texans wore 01
ho market that brought very low prices
Choice shipping , 1.2QO to 1.350 lbs..0.X
o G.4G ; common to medium , 1,000 ti
1,200 Ibs. , 5.40 to G.OO ; grass . . -Texana
4.50 to 5.00.
Hogs. Receipts for the day , 20,000
against 20,800 lost Thursday. For tin
week so far the'recoipts are about 10,001
as than for the same time lost week
The market is again active and prices 01
11 BorU ruled steady at the recent ad
vanco. Packers and shippers sold al
5 70 to G 20 ; assorted light 5 50 ® G 00 ,
Ships and light pigs 5 25@5 GO. Assorted
ight 101 to 209 IDS. 5 4005 00 ; packen
nd shippers 210 to 303 Ibs. 5 70 to G 15 ,
Steamer on iho Hocks.
PORTLAND Mo. , May 8. The steamoi
Portland , hence for St. Johns , atrucl
ocks off Rockland Una morning out
Hied. A steamer has gene to assist.
LATER. The stoamorCity of Portland ,
) lying between Portland and St. Johns ,
? . B. struck on Grindstone Lodge , Owls-
lead , this morning. Tlio stoa-nor left
? ortlond last night with seventy passon
; ors. All landed nafoly.
The Fete of a Monopoly ,
The remarkable and long continued
decline in Western Union lolegrapli
hares illustrates in a fresh and striking
way the impossibility of maintaining c
nonopoly , or of Dotting any pprinanunl
good out" of "watered ntock. " Tin
iVostorn Union company , after its origi
nal organization had been effected by the
sonsolidation of all the detached Hnoi
n the country except ono in the state ol
Wisconsin , with which it formed an al
iauco , was put in a position where il
nust either become the buyer of ali
ho now telegraph lines that anybodj
chose to build , or share the business will
uch companies , and cease to bo n mo
nopoly. Its position in this rospool
was in no wise different from that of t
railroad earning dividends so larg.
as to offer a temptation to the public u
mild a now railroad parallel with it it
order to aharo its property or to force tin
old company to buy it off. The Westert
Juion company recognized the necessity
of the situation , and commenced buyin ;
telegraph lines as fast as "anybody ohoii
.0 string them. It soon had its hand :
full. The names of now companici
which it took in before the Atlantic am
Pacific company was started by Jaj
jould would make a formidable list , bu
ho strain was well sustained by thi
; rowth of the business , The Atlantii
md Pacific company , which was takei
ivor in the year 1878 , seemed for a uhor
ima to close the doors ugiinst nil oppoai
tion. But Mr. Gould was quito pro
mrca to do the same thing over again
The facility with which ho had worked 01
the Allantio and Pacific oncouragei
jiim to start the America ]
Union company the following year. H
ran tlio American Union as a rival cor
corn till 1881. Then the Western Unio :
took it in at par , giving its owners ? 15 ,
000,000 of ita own stock for a simile
amount of American Union stock an
bonds. In order to make the transaotio
palatable to the Western Union shan
holders , it inado n stock distribution (
38 per cent , bringing its own capiti
atock up to § 80,000,000. Again
seemed as though the evils of compel
tiou had been conjured out of ita patl
am ? again the business of thu counti
rose to the emergency , giving the Westoi
Union ft fair dividend on its enonnpua
increased capital.
But the end was not como. The M
ttial Union stopped m to fill the pla
vacated by the American Union , and
t exactly two yean and ono month it I
cnmo necessary to buy up the now comer.
This waa d6no in the form of n lease , but
it cnmo to the same thing , as it signified
now capital upon which interest had to
bo paid. Since the Mutual Union waa
taken in two ether companies have enter
ed the field the Bankers & Merchants'
and the Postal , while nn older company ,
the Baltimore & Ohio , has resisted all
oflbrU to bring- into the pool , but hoa
boon growing npnco na n competitor. The
now companies may or may not bo will
ing to sell out to the Western Union , but
nn end hns nearly como to the Western
Union's ability to buy. It is no.v plain
to everybody that while there la n limit
to iU ability to purchase now lines nnd
ita accustomed dividends , there ia no
limit to other people's ability to build now
linos.
The American Medics.
WAHIHNOTON , MnyH. ; The third day's
session of the American Medical Associa
tion was nttondod 1,240 delegates , which
represents the total Attendance. Dr.
Goorpo M. SlornborR , U. S A. , offered
n resolution stating that the exact knowl
edge necessary for the prevention of a
majority of infectious nnd pestilential
maladies has not yet boon obtained ; that
congress bo petitioned to make suitable
appropriations for the prosecution of sci
entific researches rplatiro to the cause
and prevention ot infectious diseases of
the human race , under the direction of a
national board of health , nnd that a per-
nmnont ono , that n detail of ono medical
olliccr of the army and ono of the navy bo
authorized for prosecution of researches
of thii nature. The resolution was
adopted and n committee appointed to
present the matter to congress. The fol
lowing officer * were elected : President ,
H. F. Oampboll , Georgia ; 2d vico-prosi-
dent , S. I > . Mercer , Nebraska ,
Tlio following officers were elected :
President , H. I. Campbell , Georgia ; 1st
vice president , J. L. Lynch , Maryland ;
second vice president , S. D. Moore , Ne
braska ; third vice president , J. H. Par
sons , Now Hampshire ; fourth vice presi
dent , H. 0. Ghent , Texas ; Secretory , W.
B. Atkinson , Pennsylvania ; assistant
secretary , W. H. Watkins , Louisiana ;
treasurer , R. J. Dunglison , Pennsylva
nia ; librarian , Dr. Klomschmidt , District
of Columbia.
Base Ball Yesterday ,
At Cincinnati Cincinnati , 8 ; Indian-
: > olij , 0.
At Cincinnati Cincinnati Unions , 7 ;
altimoro Unions , 10.
At Pittsburg Metropolitan , 8 ; Allo-
deny , 1.
At Now York Detroit , 11 ; Now
irork , 8.
At Milwaukee Milwaukee , 4 ; Minno-
polis , S.
At Fort Way no Saginaw , 7 ; Ft.
Vayno , 0.
At Louisville Louisvilles , 0 ; Colum
ns , 1.
At Baltimore Baltimore , 0 ; Atlilot-
c , 4.At .
At Philadelphia Philadelphia , 0 ; Chi-
a , 13.
At Muskcgon Grand Rapids , 10 ;
luakogon , G.
At Chicago Chicago Unions , 11 ; Key ]
tone Unions , of Philadelphia , 10.
At Quincy Quincy , 1C ; Stillwators , 0.
At/wPhlladolphia Philadelphia , 0 ;
Ohjcagos , 13.
At Peoria Poonft , 11 ; Stl Paul , 9.
At St. Louis Unions , 22 ; Nationals ,
At Ft. Wayne Bay City , 7 ; Ft.
Vayne , G.
The Jtrothodlsts. w
PHILADELPHIA , Pa. , May 8. The con-
oronco of the Methodist church reas-
otnbled this morning. A report recom
mending Thursday , May 15 , 10 o'clock
. m. for the election of bishops , was
doptod. Kov. Dr. King offered a reno-
ution , which was referred to the com-
nitteo on the state of the church , to con-
ider a matter of protest against the as-
aulta'of Romanism on civil and religious
berty in the different utates.
An Iowa \Vlfo Murderer.
JEFFERSON , lown , May 8 , James Hy-
and has boon convicted of the murder ot
in wife in Greene comity , March llth
883. Yesterday the jury found him
uilty of murder fn the lirst degree , with
unUhmont of imprisonment for life ,
'ho defense pleaded insanity but the ox-
orta pronounced him aano.
Suing for , H n JAfo.
LOUISVILLE , May 8. Lewis G. Gar-
igus , a prominent attorney who loft
[ untucky for Indiana , saying his life was
ot safe in the state , has brought suit
cainst A. Fr.ison and J. S Stanley for
8,000 for shooting and wounding him
t lluasollvillo , last year. The plaintiff
rill bo represented by Senator Yoorhoos.
Crnniatcd. ,
WASHINGTON , May 8. The romaimu ot
Dr. Samuel D. Gross , of Philadelphia ,
rrived hero this morning nnd were taken
t once to the Lomoyno crematory and
laced in the retort. There were nn
eroraonies at th6 incineration. The re-
ittins wore reduced to ailioain two hours ,
Tlio
NKW YOHK , May 8. The American
Congregational Union held its annual
mooting to-day. Total receipts for the
roar 8105)77 : ) :
ARSNOUS
mYI(40TOHOLDDOW (
CARLDAKINQPOWDE
ITAMBOUIIDTORISC
URE CREAM TARTAR.
S1Q.Q.Q- . . , JByeffi ! foup
JVVUUl. - . PO
IKt jJU nBiiiui uii , niiiltCKUnxouiii
reciuvwi from suah cticmlsta as8. Dana llayu. Bo
ton : M. Delafoutaiuo , of Chicago ! and Quiiavi
llodc , Mllwatib < .HKW.wWJntaitt
A MURDER MYSTERY ,
i . . < n . . <
The Dead Body of a Slranzer Fonntl
Near Kcliraska City ,
ThoHoad Masbod to a Jolly With
Sharp Books ,
A Quarrel , Two Sfon nnrt n Wore
Footprints , Kte.1
Special dispatch to The Boo ,
NKIIKASKACITV , May i ) . The
an unknown man was discovered n
o'clock this morning , lying in /
loading to the river. Ho had u ; -
odly boon murdered. The F * ad
boon mashed to n jolly with eh Jfc iks.
The body lay lengthwise of o wagontrack
and the imprint of iho hnad was fully
thrco inches deep , while on. each side
were largo pools of coagulated blood , in
which wore mixed hairs from the mur-
doroil rann'a lioad. The body was cold ,
showing that the murder had been com
mitted some hours before. Fresh foot
prints were discovered , commencing
about ono hundred and fifty foot from
whore the body lay , up toward the body
and then toward the river. From the
foot prints it waa evident that two were
men and the ether was either woman
or had a woman's shoes. After reaving
the body the tracks led directly to the
river , whore the parties ) washed their
hands , and then , it is supposed , returned
to town. Around the corpse were traces
of n hard struggle.
The body had boon robbed of every
thing of value except a few trinkotsA
woman who lives close at hand says that
abQUtJ.2 o'clock she hoard voices s if
men were quarreling. The rest of the af
fair ia shrouded in mystery. No ono
seems to know who the man was , who
his assailants could have boon , nor
whither they could have Hod. There ia
groat.oxcitoment , and a searching in
vestigation is to be made.
Special to the BEG.
NEUIIASKA , CITY , May 8. Thomas
Leonard , the murdered man , wa& an
Englishman , and belonged to the 8th
regiment of England. .Ho waa discharg
ed on account of ill health , The coroner's )
jury adjourned till Saturday. Two men
have bepn hold on 'suspicion. Nothing
dotinito is known.
THE STtVi'l ! , OF FLORIDA.
FDllTHEll OF THE WUBCK.
MQNTUEAL , May 8. The steamer
Titania arrived at 0 o'clock this ovotthg ,
A largo number of persons gathered at
the wharf to witness the landing of the
shipwrecked crow and passengers. James
D. Bennett , of "London Ont. , said ho
was in the surgeon's cabin , and had
very narrow escape from being crushed
to death when the Ponotaa canes sk ii-
ing into the State oC Florida , amidships J- :
with an awf al crash. Ono of the crew of
tfioPonoma _ " ' < .
5p > ' WEfTC&MAD FflOM
and want of wntor died'iri thevboat
fore tho-cap tain and two ( > then Hrw ;
picked up. The captain o wakened'the
passengers and told them .they ami
take to the boats instantly , butlt'ap-
pears Inado no effort to devise a. plan by
which the passengers could got into toe
boats. At the time of the collision the
captain was in his cabin. He rushed OB
dock in his night clotbea and assumed
command. When the boats pushed away
from the ship , and the lunges ' 'prepara
tory to sinking took place , the most
HEAHTRENDINa CRIES
and appeals for help were heard until tha
final plunge. Bennet saw ono boat hang
ing by ono davit , ho heard was
not considered safe. The boat and
ropes were cut to hinder nny ono using it *
Walter King , of Toronto , occupied tba
same cabin as Bennett , and when the ' 9'V |
ship was about going'down came to him
him and said : " .for God'a sake Bennett
stay by mo.
I AM NOT A11LE TO SWIM. "
Bennett and King got into one of tbe-
boats , the lashings ot which were cat at , , „ , - .
one end , throwing the inmates into the
sea ; four might have been saved bat for
the mishap. All night long they could
hoar people groaning and struggling un
derneath the boat Many of thoseon
top had lost friends nnd one a brother. To
ward morning the noise ceased. These
rescued broke through the bottom of the
boat with oars.
A HOUniBLK HIOHT
met their eyes , eight bodies'wero floating
lore ; a man named Donaldson was B-tiu
live although unconscious. Bennett
ays the conduct of the Captain of tha (
'pity of Romo" waa shameful The
learner passed not moro than half a mile
rom them and might easily hove to in a
liort timn and1 taken thorn all off the
> arqnc. Being asked to explain why BO
ow of the passongora were saved , ho said :
t waa their own fault. The iuddonne (
j
if the catastrophe prevented any _ being
iaved except these who kept their wits
about them and leaped into the boats.
Andrew Stoalo , Burgeon , of Montreal ,
says the captain blew three whistles when
ho vessel was sinking , and upon being
asked the reason , uaid he TTOS bidding
thoao in the boats furore-Hand wanted to-
show that ho was sticking to hifl VHwl
until the la t. ,
FK/jrernltl's KnyM AVeloowe , x * '
'
' f.i
YOUK , Muy 8. Ex-alderman' '
Fitzgerald , the ubarupion pedestrian , waa 'i ' * -
welcomed homo to.mght by 150,000 reai-
dents of Longlsland City. Tproiea burned - ' d
ed as brightly , men cheered as lustily
and tramped along us lightly as if 'there ,
waa no cold rain falling ana tlio Marina
bank had not failed wherein ia locked up
all the money Lonj ; Island City possesses ,
Barb ivIroOuo t/ouc Higher , *
ST. Louis , May 8. A large meeting
of barb wire manufacturers waa _ held
this afternoon , J. 4J , Oliver , of Pitta-
burg , nresid ing. It waa decidedBowing
to the increased cost of raw material , to
idvHiica the price of wire a quarter cf a
cent , 'J ,
NKW YOHK , May 8.The 78tli an t
mooting of the directors of the ) Amttria ti >
Bible Society vvns held to-day. The pi
1,357,051 copies were distributed
this couutryand [ 451,161 abroad. .