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Salem Daily News Newspaper Archive: September 5, 1890 - Page 1

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   Salem Daily News, The (Newspaper) - September 5, 1890, Salem, Ohio                               THE SAI.EM DAILY NEW VOL. IL NO. 210. ALEM. OHIO, FRIDAY SEPTEMBER 5. 1890. TWO CENTS. SOW HE LIFS IX JAIL. 1 gaivyer, Wallace Co., of Assign. After Thirty-seven Years as Commi> I sion Merchants They arc Com- pelled to Suspend. An Attempt to Cmth Oat Competition by on a Small oipltBtcd Crash. NEW YORK, Sept Theflrm of Saw- yer, Wallace Co., cotton, coffee and provision commission merchants of No. IS Broadway, have assigned for the ben- efit of creditors, without preferences. The assignment was a surprise on all tbe and on Wall street. The cause is tho losses the. firm have sus- tained in their foreign option business. The house was established in by Samuel A. Sawyor, who came to this caty from Tannessee. The business gradually mcraabcu until it had as- sumed proportions, its rruni- flcatiofis extendin-j to all pcrtions of the globo. The firm dealt cxtonslvely in cotton, tobacco, coffee, produce and provisions and were prominent factors in all tho large suhomos and de.-.ls in such com- modities. In n. tobacco ayndicata unloaded on them an immense amount of low grades which they held for some iimB before they were able to dispose of it It was supposed that they had been making money, though at times they bavo lost from their syndicate dealings. Some seven yours ng-o they established a branch bouse at Louisville, Ky. The firm had branch houses in London, Liv- arpool, Glasgow, Antwerp, Amsterdam, Hamburg, Marseilles. Madrid, Paris, Berlin, Prague. Vienna. Budon, Pesth, Trieste. Lefrhorn, Barcelona, Lisbon, Mannheim and EUivre. The failure will undoubtedly reach into the though at present it is impossible to make any approximate estimate. Mr. Wallace says the cause of tho fail- ure was the result of the efforts made by the firm to squelch competition in the commission business by bus- iness with European speculators with- out a marffin and at a In the pork doal last January the firm is said to have sustained losses of on this account. Tho claims for these losses asrainst Buropoan specula- tors are a-nong- the- nominal assets. It is estimated that the total assets will reach amonjf which are in- cluded the claims in the pork deal. In 1SS2 the firm made attempt to oornor corn in the New York market, but made a failure of it. The tirtn hive Immense holdings of merchandise in the various products in which they dealt, but in an export and import way. It will, however, take time to realize on these holdings and the general opinion is that the assignment W.T.S made tc limit the loss on speculative? options. CONGRESSIONAL. The Usual Griat of Performed In the OS, Sept. Consitora- tjon of the tnrirr bill was continued nuder the i.ve-minute rule. amendment of Mr. Davis to put 5, ntling twine on the free llsl wae agreed fl4 to 34 The Senate disposed of all the !n the dutiable list except la the House. Mr Cutruuinira, rls'nc to a personal etplna itioa -.fi coTicction with Wr Cannon's famous "bhickli-t.." made a lona speech in criticism of the :md the The Clijtxin-Brcrkrja'-u'gt' election case waa debaied further without action. The House PBSSOU tha S -naie bill to the survey of the seventh standard p-ir.illel between Kortb South Dakota. "Death to YORK. Sfpt. "i. A special from tbo City of Guatemala says. "Death to Yankees" was tho cry of an and excited mob that surrounded tho United States legation Wednesday. Threats ol stoning the buiidingr and mobbing the inmates were freely uttered, but no overt ant was committed in tho face of tho strong force of poiiofi that guards the premises day and Every vis- itor is closely questioned before being admitted to the oflice and is under sur- veillance while inside and until bo emerges again. Another Wreck on the B. O. FAIRMONT. W. "Va., Sopt. A fatal freight wreck occurred on the Balti- more Ohio railroad eicfbt miles west of here Thursday morning. An east- bound freight ran into tho roar of the pick-up train, and the engine and six- teen cars were destroyed. Jaraos Cor- engineer of the freight, is missing believed to hare "been killed. The body of an unicnown man has been found in the wreck. The oars caught fire from the engine and the mass is still burning. American Foreg'ry QUEBKC, 5. The American For- Wtry Congress mot bore Thursday. Gov- ernor General Lord Stanley made an ad- dress. Papers were road by Mr. Lozon- 07 on "Timber Growing- in and Sir. Vellemorin, of France, on "State Timber Growing in France-" Mr. Fer- nc-w, chief of the forestry division at Washington, showed a model of a tree planting machine with which 15.0W trset could be planted bj one man in a IWd tsnwft Their PBII.ADEI.PHIA. Sept. 5. Nearly IV 000 persons were present at Belmonl Thursday to witness the attempt the atollioa Palo Alto and the trot- tia-f mare Sunol lowef their Neither the stallion oc the maro suo- the making the mile In ?i, unfortvoate marrinf and Altw the dlsUnce Jn FMDOIU Trouer KHletL i In the UhrichSTllle Thursday Altooot, celebrated owned rua through bj anlky  auM a: lit-.- on tlii- inst, TLi-> was ftErivuJ tho conference. >.r.u- jm, 'U .lly l5 .'r.y t .1 AX FACT. Coi'trfiol A war-toil Hit the Tun--.ol >.l .VI- I'.illu XMi'cli ip VT-ttor I'owor. LocKponr, N. Y.. i The X.atrari VV.K To1 d--M-f-lf-ii'cj ur.'iiiiiKtid -itor j.o-ver -.ee'-.'.s to 1. aspired tiling. The conn-act has awarded by the C.it.u.i't i-i Company to of York, but tho cxaft amount is not known. Tho papers influ'llni; the bond of the contractors .v. in preparation. The i 1 Company first, secured tl.o fi.ni'-hiF'1 in tho Legislature, of and since then sold il and oth-'r to O.Uract Construction foirpanv. will: the proviso that tho undertaking is to bo cofflpl'-tud by January 1-, IW1. YORK. Sept. A young En- glishman, named llarrv Wrigley, was taken to licllevuo hospital three weoks ago suffering from tynhoid fevor. On Tuesday evening, through tho careless- ness of one of the trained nurses at tho institution, Wriprlov uas poisoned to death. Tho nurse. Lemuel N. Jay.iet, was arrested Wednesday ul locked up, pending the result of the- in- quest, which will bo within t- "iv.v days. Jaynos Irankly admits having ffivcn the patient purr instead, f diluted carbolic acid, but that it was- ac- cidental. _ ___ Sonlli Sulrmns t'lc.ar-'l I'ju DK.vnwooii. S. Sopt. tiro- hibition law wont intoofloct day, in Deadwood. Lead City and -til the mining- towns in the 'Jlack Hills. saloon men here have been sellinif riplitalonpovcrsinco the law passed, in open defiance of the prohibition aoiiti- mont, Thirty oiirht in'nniaiosis 'voio served Wednesday on as many saloons, the doors und propei ty t.Lid n possession of by tho short ST. Thlanity- trave an overwhelming majority against the In w. Intense! excitf-in ent prevails and violence) is foarod as the result Urutally by KAN-SAS CITY, Mo., St-pL 5. V.'liiio Caps. Tuesday night, so brutally maltreated .1. S. Smith, a preacher, who lives in a lonely piece, of woods at Rono, Kan., that his life ib'despairod of. Smith Is abuut sixty-live years old and lha only objection which tho White. Caps had to him was that he had proposed marriage to a widow of forty-five yearl who livns in tho neighborhood. JI VHlcH'itt" i ST. Ixn'is. Sept Capfiin Ooodrich. of Lilllo Hock. A.-k in tenouslv Ho ran asUiciiu- boat on the Current and lilaok rivers in Missouri and Arkansas, making )iia Klatk Rock, Adi. Ho Dwnod tho Coodriub Hotel at, tho 1 namod placo, which recently bumc-d. Hib wife and family iivn at Spriiifriln'd, It, is he lias boon robbed jnd murdered. _ Stilxlnntcal Aiil Str'.kcrH. CincAOo. Sept. At a largely afc- tondod special mooting1 of l.he conl..c- tors and drivr-r.4' local as.-uniblj .10 of Labor, n, resolutions xverc adopted assnrinp. tno knights on -tbo Now York Cun- tral railroad of hearty and earnest sup-! port and in-Uructins1. ibu t.roasuror of tbo assembly to send tharn imti.0- iiatcly. _ Soon to lie Sept. Acting Sec- rotary Wharton has received a. dispatch from Minister Miznor, at the city Guatemala, saying that peace would bo proclaimed next week and that tho jrrncd forces wore rapidly The Minister makes no allusion to tho rocont shooting afTair. and Wharton no importance to the episodo. r s, Sept. The national ciissionary conference opened "ay in this city with meoticp- at the Socond Fresbytf-rian church. Tho abject of the conference is to enlarge the work of missions and endeavor to provide for sendinp alarpernunj- bor of active workers into foreign fields. for ARKANSAS CITY. Kan., Sept. Frank P. mayor of nitj, has been arrested, charged -.vitb It is claimed that the money was rocc-ivf'd from tho sale of certain city bonji. }Je never turned the money orcr to the city trcaa- _ "Foil Sixty Feet- la.. Seat. 5. Henry Ilio- be, tiniroith. while at work Wednr-s- on the roof of tho school lost his footing- and fell.tolao rround, distance of sixty j upon a pile of bricks war i.i- iUntly killed. _ ___ Death of Ex-Governor Sept. 5. Ex-Governor 3. F. J'oyes dropped dead in the court bouw Thursday morning. Apoplexy was Cause. t f iluj tlllf I 4 III H   

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