Failure of Schepeler Co. bank in New York and European unrest
Dispatches report the collapse of Schepeler Co., a major German banking house in New York, amid broader European tensions. A civil war is feared in Spain as Cortes reportedly ready to accept Regency Morley sails for England on the 19th. Later, reports from South America dispute McMahon’s Paraguay arrival. Chicago, Rock Island & Pacific completes line between Council Bluffs and Chicago. The Times questions presidential orders into Georgia outrages while monarchies face renewed republican currents. A Moscow Sclavonic Republic conspiracy is alleged with Vilna and Kiev as capitals, seen by some as a Western option.
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Europe
Spain
Moscow
Vilna
Kiev
Quincy
Davenport
Town
Moses “Bratherlin
Chicago
Rock Island and Pacific Railroad
City
Council Bluffs
Failure of Schepeler Co Bank in New York May 17
Financial turmoil erupts as Schepeler & Co a German banking house collapses. Once major petroleum and commodity exporters with vast London and continental credits, its heavy speculative sales and large bill exposures trigger market shocks and calls to cover with shipments or first‑class bills. European impact and broker caution follow. rumors also swirl of an English house failure, likely unfounded due to England’s holiday.
MENTIONED IN THIS ARTICLE
New York
Geran
Schepeler & Co
London
Antwerp
Bremen
Frankfort
Schepeler
Europe
Bank of England
England
Pacific Coast Murder in Indian Raid on Wrecked Bark Crew
San Francisco reports that the English gun boat Sparrowhawk has brought Indian prisoners to Victoria. Investigations confirm the crew of the wrecked bark John Bright were massacred by natives. One Indian stated the captain and his wife were shot on landing. Ship’s papers recovered.
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San Francisco
Victoria
Barclay Sound
John Bright
Southern
Pacific Railroad
Southern Pacific
Congress
A .Corps of
Engineers
Central Pacific Railroad Company
Stockton
Lalare Valley
Visalia
Senator Sumner Vows To Wait No Longer At White House
New York May 17 The Herald reports Senator Sumner visited the White House last week but was told to wait fifteen minutes. He refused, saying he would not wait for Napoleon or any one else and that when the President wished to see him he could send for him. He then left in a rage and told a friend the White House was a military camp.
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New York
the Herald
Sumner
White House
Napoleon
Victoria
Grant
Shanks
Congressman Shanks
Fish
Badeau Granted Relieve From Brevet Examination
The Board of Examiners directs assembly in New York on the 18th for the Brigadier examination brevet Adam Badeau 1st Lieutenant United States Army for robbenchit.
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Badeag
Reir Hias
Board of Examiners
New-York
Badéau
United
States Army
Robbennchit
Congressional canvass in the Third District
May 17 news from Chicago reports Hon. H G C Burchard defeating Hon. J M Bailey by a large majority for Republican Congressional Convention delegates in Stephenson county. Gov. Palmer reduced the Board of Trustees of the Blind Asylum to three: Sta cy, Hawley, and Grimshaw. Deaf and Dumb Asylum trustees named Chesnut, Boal, and Barr.
MENTIONED IN THIS ARTICLE
Chicago
Stephenson County
H. GC. Burchard
J. M. Bailey
Palmer
The
Blind Asylum
Matthew Stacey
Morgan County
I.B. Hawley
Sangamon
Indiana Governor Rejects Specific Appropriation Bill
Indiana May 17 Governor Bake refuses to sign the specific appropriation bill as Senate amendments were concurred in by the House after resignations. Auditor declines payment while legality moves to the Supreme Court. A Democratic protest records a protest by Johnson and three senators over ratification of the 16th Amendment. Both house adjourned sine die this morning.
MENTIONED IN THIS ARTICLE
Indiana
Bake
Indianapolis
Senate
House
Journal
Supreme Court
Johnson
Quarantine Proclamation For Ships From Nicaragua Central America
Governor Warmuth issued a ten day quarantine against vessels from Nicaragua and Central America ports. The Crevasse at New Orleans worsens, washing through levees to a depth of fifteen feet and widening to a hundred feet. The lake distance to the river is eight to ten miles as canals and seepage increase flooding.
MENTIONED IN THIS ARTICLE
Warmuth
New Orleans
Ragua
Central America
Gruz
Fragmentary text on debated bonds and government liability
The readable fragments discuss emergency bonds and the legislature's authority to issue them. It notes de facto issuance, lack of power to redeem, and potential liability for the government if bonds were issued for improper purposes. Names and places are garbled and partially unreadable.
MENTIONED IN THIS ARTICLE
Sena- Sprague
Paris Quiet and Civil War Rumors Stir Across Europe
Paris remains tranquil per a Paris dispatch while European politics race toward tension. The Cortes in Spain accepts constitutional sovereignty amid calls for a regency as Mazzi ni faces Swiss exile. The report notes speculation that French policy aims to suppress unrest and that Reverdy Johnson’s influence is debated.
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Ganteent
Paris
Reverdy Johnson
Tel Grep
Johnson
Grant
MapRip
Cortes
Spain
Mazzini
Switzerland
Berne
France
Italy
Arrival of Gen. McMahon at Asuncion Denied
May 17 reports from Rio Janeiro state that Gen. McMahon United States Minister has not arrived at Asuncion. Some advices claim President Lopez detained him in the interior by force, contrary to expectations of a welcome.
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South America
McMahon
Paraguay
Asuncion
Lopez
Casanova
Cuba
Secretar Fishto
Cena
Schotaes
Southton
Executive ‘Sion
morasAs i Chawith
London
Rio Janeiro
United States
Mexico War Against Robbers in Jalisco and Michoacan
Mexico reports a vigorous citizen campaign in Jalisco and Michoacan against robbers and kidnappers. Engagements favored the locals, with robbers defeated and many killed. Frontier depredations threaten Chihuahua Neuvo Leon Sonora and Sinaloa. Military actions and a looming depopulation risk are noted.
MENTIONED IN THIS ARTICLE
Jalisco
Michoacan
San Francisco
Bodies recovered after river disaster and mixed crime notes
The report details drownings of Burt Adams and Miller amid a river tragedy near Leoti and New Orleans, with 200 tons of gear sunk. Separate Chicago incidents describe a coal yard owner beating a worker, and a wife beaten by a boardinghouse keeper. In St. Louis a juried murder case fails to reach a verdict. Billiards and games results conclude with scores and notable runs, and a New York tournament closes with a tie-series finale and a Foster-Snyder score table.
MENTIONED IN THIS ARTICLE
Leoti
Little Rock
Orlane
Burt
Adams
Miller
Aphose
B. Wilmarth
Williams
E. Daniels
C. J. Laverty
Daniels
New York
Day Raiver
Ween Snyder
Oubin
Foster
Tan
Oo Snyder
R. Scofield
Trotting on the Fashion Course ends amid clash and bids
In a $500 harness mile heats event at the Fashion Course, Sir John initially backed, Mercer and White Fawn achieving successive heat wins while the race finished in darkness amid serious backer dissension and a near-pistol fight. An extensive auction at Ophir Farm Harrison realized about $25,000, with strong demand for thoroughbreds, mares, and stock items, including notable prices for Sorrel and Bay mares and young fillies.
MENTIONED IN THIS ARTICLE
New York
L. 1
M. Boden
Bille Morton
D. Mace
G. G. White Fawn
J- Cudney
B. Mn
Atlanta
P. Munel
G. . Mercer
Patterson
Br. m. Stir Maid
J. H. Warrson
B. G. Clarence
G. Hopkis
Sir John
Mercer
White Fawn
Mike Norton
Vercer
Clarence
Mystic Maid
Ayreshire
Devon
Alderney
É&C
Weschester
Ben. Hallipay, Esq
Ophir
Pauline
Spinetta
Silkstone
Bright Bay
General Andrew
Jack
Market Summary Mixed as Prices Fluctuate Across Sectors
The article details a feverish, unsettled market with gold surging to 14234 and declines to 1407 before rebounding to 14154. Government bonds and rails show strength and weakness, while New York and Omaha grain, live stock, and provisions markets reflect steady or changed demand with various price points for wheat corn oats pork beef and lard.
MENTIONED IN THIS ARTICLE
Oqncall
New York
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