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Olean Democrat, The (Newspaper) - August 28, 1890, Olean, New York EN PAGES. i Hh Olean Democrat GLEAM, CATTARAUGUS CO. NEW YORK, THURSDAY, AUGUST 28, i 690. i i 'M v PviOM FOH COMMERCIAL LCAN3 .-AiJ TO SCARCE. Tho Cvm >-ul Coi.t'itiou of im.ite T'tisaKx, is I T -..r-s Mone- tary ri-csiiiu-e or C Interfere StKko oa thi- Vr.ulf. ixiit -tern to Oppress Motl.r. ;imi S XEW P. a. Dun Co.'3 m lew o' tiv lu "The SIITMS monetary disturbance which noticed in previous reviews not Money loaned on Thursday at half a cent per day nremiuin, or about 19') yearly, ar, 1 most of the loans were at a quarter premium. Money for coming-rial loans is scarce and rates Though the Bank of England its rate from 5 to 4 rn-r cent., and i markets were there was no !'v the immediate de- mand here. At I'.-iil-.dfciyhia money was 8 per cent.. in strong demand, at St. Louis niniMi u.y scarce at 7 to 8 per cent at NV-.v Orl.-aiis lightening, at Den- ver and St. Paul in jjjood demand, and at Milwaukee inon- active at 7 per cent., firm at Kansas City, and rather tight at Detroit at 7 per cent. IVIany Jilillious Locked Up. silver Jilone has been locked up to wait inr prices. In grain feverul times as unich and in other dacts many miiii-jns, the condition of the market for securities was indicated by the fail, averaging about 03 per share in a single day on active stocks, when money became tisrht. ''In addition the enormous imports, in- tended to anticipate the pending tariff bill, have virtually locked up for an in- definite time many millions paid for goods and in duties on them. The volume of legitimate business throughout the coun- try continues large, exceeding that of last year by 10 per cent, outride of New York and the desire to market products, as prices rise, causes greater demand lor cur- rency from the country than usual. American Wheat Re-Sliipped. "Not only have exports been arrested, but bushels American wheat were re- shipped to this country from Liverpool and trades were in progress for more when the break came. Exports of products from New York for three weeks of August are 23 per cent, smaller than last year's, and the recent change does not yet suffice to bring exportable staples down to the parity of foreign prices. The iron in- dustry still shows a strong demand for finished products, with some stiffening in prices, but the supply of pig iron is so large that prices are shaded in urgency to sell. The market for wool is dull and prices a little lower, the supply of foreign goods offered being very large. The de- mand for cotton goods has been fair, bur prices do not change, and the return of the material to a more natural range of prices is awaited. "Capable observers publish warnings that a halt is needed in the leather and hides market. Prices having risen so as to threaten reaction. Purchases of boots and shoes at the recent advance con- tinue large. Business Outlook Encouraging. "The reports from other cities, with very few exceptions, indicate that a larger trade than ever before iS.in v, ith satisfactory collections and a bright out- look. Crop reports are less di.scouraging, though the yield must fall below early anticipations, as to grain. In general, the condition of legitimate business is en- couraging, unles-s monetary pressure or labor controversies interfere. The threat of a great strike on all Yanderbiit rail- roads has helped to depress stocks and to disturb shipments. "Failures durinir tre last days nnmber for the United States for Can- t ada 20, total wirh I'M last week. For the corrfp-jn iing week of last year the figures we v V.'O in the United States and 16 in STRUCK FOR HIGHER WAGES. Engineers and Firemen at the Union Stock Cio Out. CHICAGO. Aug. the firemen and engineers employed by the. Union Stock Yards Switching association strick for higher wages yf.-terd.j1 At noon forty e-u-h men, were lying idle at the Forty-seven in street yard. The strike causes fully 200 switchmen to be throwji out of employment, slides hundred men employed around the the stock yards and the packing houses whose duties are connected with the rail- tray. Should it last over a day the entire packing business will closed and the Stock yards will be without means of re- ceiving or sending out live stock. The switrbinir. tr.insf-r. astern the largest in ri-ry. -s-. does all tlie wo-k. pi- i.nur houses at the ivork at the packinsr at a The tracK- -ire Jil.ed with immense trains Of fresh m--.its. which were destined for outside The firtri'-'i T-orvivo 1 cents an hour and the t'-rts. The firemen Tfant aOo-nt-.-tjul the 30. The men also the tNinnav wnrk regu- lated. __________________ CROPS A TOTAL FAILURE. Dakota Appeal for Aid and FT. Aus- J.L crop in M- In- cftiini-. X'irth Is- il failure A inimtpr of al- for from t he snd ajf Vx-ing rs evpr.-.'! nnnTr-d hare re twj years minv of 'L-cm lv t .z. and. f.i- ;hev p-o'T'd cnlony have to 1-e The cn par'? of fr A TERRIBLE FALL. Davis TiunUlcM Down tlie of the NIAC.AKA Out A vv. Davis in souie nuirii'L- I'f niday even- ing fell over the b-mk .'it the foot of Queen strcet..ind struck o'i ti'e roc ks feet below, lie inn '.-en htunm d and remained iincousciou-, rl.e mo--t of tho night. His cries for help were hcar.l by people on the American hide about b o'clock yesterday niormijg, when tlie rescuing party made a rescued him. He was immediately placed under chloroform to alleviate his sufferings, after which a rope ladder lowered and Davis was put on a stretcher and raised to the top of the cliff and taken to his board- ing place, the American hotel. The place where he fell over was a few feefc from the government fence. The shrubbery was stripped of its leaves where he went over. Evidently the ur fortunate man had grasped them as he went over after missing his footing. The doctors in charge expect to bring him through all right. _____________ DEATH IN A CELL. A Supposed Drunken Expires Before Medical Aid Arrives. BUFFALO, Aug. on Saturday evening the First precinct patrol wagon was called to the corner of Huron and ?.iain streets, where a man was found lying on the sidewalk and bleeding from the mouth. When the arrivfcd, tha man had revived sufficiently to walk to the wagon unassisted, and from the wagon to the station house. He gave his name as Patrick Murphy, a laborer, 35 years old. He was apparently intoxicated and was locked up in a cell. Early yesterday morning, officer Walsh, while getting the prisoners ready for the morning justice court, noticed that Mur- phy was very ill, and sent at once for Po- lice Surgeon Fowler, but before he arrived the man died. Coroner Kenny was noti- fied and had the remains taken to the morgue. __________________ ANOTHER STRIKE THREATENED. Vice President "Webb Invited to a Con- ference With, a View to Arbitration. NEW YORK, Aug. 23. State Commis- sion Donovan sent the following letter to Third Vice President Webb: MURHAY HILL HOTEL, Aug. 1890. W. Walter Webb, Esq, New York Central arid Hudson River Railroad Company: DEAE having come to the knowledge of the state board of arbitration that another strike is threatened on the lines of your com- pany, I am instructed by the board to again communicate with you and invite a joint con- ference in the offices of company be- tween you and 'representatives of yonr em- ployes, with a view of devising some means, either by arbitration or such other method as may be mutually agreed upon, whereby the threatened strike may be averted and abrupt interruption of travel and transportation of freight be prfevented. I remain, respectfully yours. FLOKENCE E. DOXOVAN. A similar letter was sent to Mr. Pow- derly. Circus Train Wrecked. KALAMAZOO, Mich., Aug. first section of the Barnum Bailey circus train was wrecked at Shelbyville on the Grand Rapids and Indiana railroad yester- day morning by a coupling breaking and several cars flying the track, A wrecking train from here went to the scene of the fic'-i'is'iit and the train was brought to this en at 11 o'clock. It was then found that three men were badly hurt. They are Foley of St. Louis, Mo., both letrs broken and mangled; Ira Bungle of Flint, Mich., compound fracture of left arm, and James Smith of Cincinnati, leg broken. will not recover. Dr. Justin Loses Anotlier Ctin. UTICA. N. Y., Aug. was an- other trial of Dr. Jubtiu's dynamite cart- ridges at Perryville yeston'HV afternoon. The first shot was successful, but the sec- ond blew the cannon mt'> a thousand pieces, one big fragment of iron being car- ried over the village, a mile away. Though he has by hHvine two of his big guns blown into he still thinks bis invention will make rich. He claims this accident was due to a flaw in the steel. No one was injured by the ex- IB of A THEATRE IX ASHIiS. M'VICKER'S PLAYHOUSE IN CHICAGO DESTROYED BY FIRE. n: i IK'I mi! 11 iiiu -I VM S' ''Mil I e nu.ir'1 of i Vi III- 11 i-ii- ;uid t i il t M-, 'i -.-in-) '1 Tlie Koof CD! lapses and 5 i Iliive :t iilniin If from a I'r'gli! iul One i ln-nmu Hiis His SKiill Fractured by :i Falling Wall :md AYill Probably Ulc J'anlo In a Hotel. CHICAGO, Aug. Fire discovered in McViclcer's theatre on Madison street, between State and Dearborn streets, at ye-teraay morning. As far as can be learned it originated in the smoking room under and to the west of the stage. The dry and inflammable ftirnisl of the room provided mater J for the blaze, and in a moment; a fie 'e flame out through a side window in tho alley. As soon as the firemen arrived cii the scene they directed a stream of water through the window from which the flames were coming. The smoke damaged the valu- able scenery of the "Shenandoah" company, now performing at the house. The fire made unexpected headway in the interior of the building, and in thirty minutes after its discovery made its way from the basement to the roof. The flames apparently enveloped the whole building, and at a few minutes before 4 o'clock were bursting from all the win- dows on the west and east side of the theatre. When it was seen what rapid headway the flames were making, addi- tional help was summoned and every effort was directed to saving the front portion of the building, where a number of offices are located. Nearly every occupant of the building is a heavy loser, although none of them car- ried heavy stocks. Panic in a Hotel.; The flames shot out of the rear of the building with such f ury thatthey extended across the alley and threatened the de- struction of the Windsor European hotel. Many of the guests of the hotel were awakened and a panic resulted. People hastily grabbed their clothing and made their way to the street. There was no occasion for the fright, however, as the firemen guarded the hotel so well that the flames had no chance of com- municating with that building. Panic also seized the guests of the Saratoga hetel and Bennett house, but the flames did not reach either of these places. Miraculous Escape of Firemen. Seven men belonging to the Fire Insur- ance patrol No. 1 were jn the auditorium at work when the roof fell in, shortly after 4 o'clock. They all escaped by a miracle. Not so fortunate were the men who were fighting the fire In the rear of the building. When the rear wall fell all the men of No. 7 were buried in the ruin's. The fire- men were more or less hurt and Fireman Jack Duffy had his skull fractured and will probably die. toss Estimated tot Over The total Ics-s to the theatre building and its occupants is- estimated at over Several stores on State street caught fire, but the flames were boon extinguished. The fire burned fiercely for three hours. The walls remain standing, bus the in- terior is gutted. The firemen were suc- cessful in keeping the flames from the front of the building and ti.e offices there were not damaged at all fire. The in- surance to Just how the fire started is shrouded in mystery. There are strong su-sjiicions of incendiarism. The thcau-e will bs re- built at once. i l. Ml M i ii u'- tin- u (VIM1. 1 scui e> oi I'tiip't i s In Labor, i t: tin' knight- en i h.id gone i i'-.t: v.-.i ii i dieating the rights ot v i that" t h refused to have the t-ar.si ii'ijn 1 to strike-., he u i! ii en When vi en- jyiHiir known Tn the tnn, >ii ir-h- f, 1 law a na iinnifiiau-Iy tic f-VM-i's Tne whoo. T a: t- inr A IXITIR I'ndcil. T) i: M A'i_- clo.ik- i-' n KV w "i. i, i- in projrrf-f.'- ntg n v" Lv-. j .Monory r tin', i t.v sirikir- liavr resumed i i f thf 40) 3Ir. Fowderly Addresses a blage in Unifa Square. NEW YORK, Aug. 27. About psr- sons assembled in Union square last night to respond to the call for a meeting of sympathy with the New York Central strikers. Speeches protestir g against the action of the PhiKerton men at Albany and elsewhere, the action of the hood of Engineers and of the officers of the New York Central in par- ticular were made by T. V. Powderly, Kobert Blossert, Mrs. M. Moore and others, and resolutions of like purport were adopted. Mr. Blossert and Mrs. M. Moore re-cited the wrongs inflicted upon the workers by capitalists and urgM workingmen not to vote for the party that supported the capitalists. It was Channcey M. Depew's highest ambition, Mr. Blos-ert to be at table with the Prince of Wales at the head, 'i ne country t3i 1 not want that sort of inan for dent. Mr. Powderly said it was announced from Terre Haute that the snpreme ro'in- cil of Federation of R-nlway Km- ployes had indorsed act-on of th" in the present ,-trike. There were men in other organization's who WTP waiting a popular movement. II" 1 not nrv -n cp.i-t-r to njftvi. ''IP hi 1 nift twenty mrn wh b..-J }v-n <3 '.-iTiT-d Of ihat n'JTr''" on 11 one n i J n rhurired witn that jo work ovcrtJinp :ii ASBfTiY PAI: X. -I.. a'lthoritifs r r.i ii v-.tenJav. fl It. I'uri' k. of a I'liar-ii'ir.-. W. ou--j. r of tiie i-t. coti.isie. v. liit iKjnnr I'urdi'-k h'-'-i in -r'JX' I'i Kn ..rn.'-u-U vi'.bin o f'Ttujir'.'t. K'i-nr'i r.z-'} olitor cf to-NVw Yorker Handles 7. ti.ng, a to u by abont ti and fii'-elr. He Mill declare.1- In- v .i! liiin- H-if. He has been of __________ 13 _-. -7 u w is m y-n-iv }f it. iJone of i '-r-r the ti" ad- d v a-, fi j i' -1 Wo-d- TI oj iZTATtf. ,KU. f i j i w Vf.ik ci. with T-. i sj-d. an -14- i 1'. M 1' l place of a br-.th-r 'L '.it 'u f'irijjri .r- for in M.'.TV, Pa A P. V --rr-- v 'iy -i Mv T f. coin- x 1 pveaeot rej-.re- 0} Robert M Yardlcy. The with tl Ar''f but i' a ;-'-''pie of Isriii doa't 3-or president, n -who ttaereii fipht ahead The af the and tnust be foucV i A --K u.l Y K -i r- t t f 1 n-_'cil n 1 1 t k- f- a miriiNr of -I'-li.-.- -3 il" K' i, -I' I t I H': I tl II.1 >T -S.S IB f 1 t- 1 1, ..Ilg i i f i i' i v,
tl.c r< .r a fr- Nf nnir .t n.at A ...ij-ii -.7 r of I'ort 35 w I', in nt- r< i. U' d in j i." n ri cu-.j i I-J I' Juf r t- -n .it in' ii k1 i i--v -j in t.' ,i V- _ r r. v. I'v. c. I 5; .-r.iv, uf o-Tner4 x' '7 b.ive ji-ctcil r A..-1 A on A ijcvc to be j.j i< nrijt. fr u n ,i t I U2 SiFWSPAPFRI
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