Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1883-08-16
New York Stock Market.

telQays urOppeu 70 tZ5 on tDe opening VI tlo
market to-day. It is feared railroad stocks
would suffar similar decline, but they
opened at slight advance on the closing
figures yesterday, and soon the Western
Union rallied and sold OF 74a, but shortly de-
cliued to 70, Several brokers express the
opinion that no failure would occur to-day,
and that the feverish feeling would subside
Before the close of the days business others.
not SO sanguine, found encouragement in the
frner feeling on Change, but thought it more
than possible that the iDpToved condition was
temporary, aud feared that the day might
bring forth disastrous results. Off of the
Stock Exchange thought there was foundation
for hops and encouragement in the present
ou.lcos.
Ballou & Co. have not yet prepared a state
ment for consideration. They expect, how
ever, to have it completed some time during
the day.
WALL STREET-11:05 P. A.-The failure of
E. U. Stedman & Co. is announced. The
firm has msds an assignment to John Nc
Ginnis. The liabilities are small, and The
firm owes no one but its customers The
failure is due to o dishonest clerk, who took
the securities and hypothecste ted them for his
own specu.stions The failure has little effect
on share speculation thus far. Prices are
fractionally lower.
New York, August 15sh.-The Commercial
says The introduction OF mackay to the
Postal Telegraph Company means great
deal more than appears on the surface. The
announcement hurt the Western Union,
which was exci5edly weak throughout the
morning. Gould is reported to view the stu
alton with his usual calmness and philosophy,
and declares that $50 900, 600 could not make
the postal telegraph success. The opinion
among bankers this afternoon was that the
end had bean reached Of the stock excite
ment, and no more failures are likely to
ensue.
The Striking Teiegraphers-vpen Litter
10 superintendent Eckert.
New York, August 15sh.-The treatment
received by the telegraphers' committee from
General Eckert this afternoon has caused E
very bitter feeling among the strikers, and an
open letter will be published tomorrow,
signed by John Campbell, on behalf Of the
Executive Board Of the Brotherhood, ad-
dressed to E,kert, declaring that since he was
waited upon by their committee on the 16ih
Of July he has repeatedly avowed his willing
ness TO receive committee composed of the
company's employees, and not representing
any organization. Believing you were sin
cere IA your desire. an Independent commit
ties of OPP rators and bnemen. representing
your employees n three of the ost important
cities, called on you to-day, for the purpose
of effectirg sn amicable settlement of the
the committee was, to say the least
arrogant and decidedly disreapectful,
and there. was no evidence on your
part of desire TO treat with those who
waited on you. Your action to-day will
readily show to the public that the company
has no intention to deal justly by it's en-
ployes or the public, and viii bs still further
apparent that in your showed desire TO treat
with the employees individually you have no
other object in view than to break up the
Brotherhood, thereby denying the right Of
workingmen to combine for mutual pIosec.
ton, in order to discriminate agsiast those
whom you may be pleased TO regsrd as lead
ers in tina movement. Since all our attempts
to effect reconciliation have proved futile,
We now desire to state that i is the intention
of most Of the boys of the Brotherhood to
ignore your ultimstum, and carry on the fight
with renewed vigor end determination, By
every legitimate means in our power:
The Foundation for the BartholdI statue.
New York, A ugust 15sh-Ths Executive
Committee of the BarEholdi Ststue yesterday
awarded the contract for furnishing and lay
ing the concrete mass which is to be the
foundation of the statues PEDESTAL to Hop.
person, Smith & Co. Smith is known to
crete foundation for the Race Rock Light
House, the largest mass Of concrets ever laid
in the country. It's dimensions, however,
will be far exceeded by those Ct the monstrous
mass required for the foundation of the Co
lossus. The cement will be supplied by the
Engineer Chief, General Stone. The con-
tract was signed and sealed by General Stone
and Mr.. Smith. The latter sealed with red
sealing-wax in tie ordinary msds. bat Cen
eral Stone said he would seal in tie Arab
way. His official seal as Pachs was highly
moistenad with i1k, so as to fill the incised
Arab characters, only leaving the surface
clear. Thsn small spot Of paper, near his
signature, was moistened, and the seal was
pressed upon it, leaving an imprint Of his
title and name Ia Arabic.
Settling Labor Trouble.
BETHLEHEM PAL August 15th.-The labor
difficulty at the Bethlehem Iron Works came
to an abrupt termination yesterday. The
Andrew Lee Branch of the Amalgamated
Iron and Steel Workers having collapsed, the
President of the local branch visited Pbila.
delphia yesterday to have some Of the prom
ises of financial aid made by Jarrett fulfilled,
but receiving no assurance that substantial
relief would be afforded, he returned home
last night. This morning the members de-
ciied almost unanimously to disband and ask
the company to reinstste them. q commit
tee. Of which the President Of The Society
was spokesman, conferred with Superintend-
ent Fritz The committee was Informed that
the company would give employment to
worthy men who had gone cut but no assur-
suce was given that all the former employees
would be taken back. The delegates who at
tended the Convention in Philadelphia re-
turned last night.
EvadIng the Revenue.
CHICAGO, August 15sh.-Ths Federal su-
thoritiss here yesterday seized dresses and
other wsarirg apparel in possession of Mrs.
L. N. Parish, on the ground that they had
been imported in defiance CT the customs
laws. The woman has made twenty trips
across the ocean, by her own confession, to
purchase her dresses from the nobility, and
hiss succeeded in having the trunks contain
ing them passed free of duty. Offering as an
explanation that they were portion OF her
personal wearing apparel. The authorities
here assert that this case ia not an isolated
ons, and in addition to the seizure have
sworn out a warrant for her arrest CD the
ground Of perjury.
The Imitator of Captain Webb.
CHICAGO, August 15th.-Rhodes, the Olean
man, who promised to swim the Niagafs
whirlpool rapids, arrived at the falls yester-
day afternoon. Interest In the subject re-
ard Rhodes was greeted on all sides with the
ssares Of curious crowds. Soon after his ar.
rival he was handed letter from Canadian
magistrate, which cautioned him against try
ing the Canadian side. saying he would be
arrested the moment he attempted it. Rhodes
said he was not to be frightened off from
swimming, sayiug only that he would per-
form the feat in Qua time. Hs has not set
the date for swimming, but it will bs within
fortnight. The device which is to be used
for buoyipg and protecting his body was
completed some weeks sgo.
Domestic Tragedy.
GALVESTON TEX, August 15th.-Monday
night Fred. Tales fell victim to the muir
derous bullet. The causes leading to the
tragedy, briefly stated, are these: John Arto,
step-daughter. Their married life did not
run smoothly. Axto's ilLtreatment of his
wife caused her to leave him and go back to
her mothers. and it is stated that Tales st
the time gave Arto q sound thrashing for his
treatment of his wife. This was not resented
by Arto ct the time. He, however, went off
threatening vengeance. On Tuesday last Mr..
and Mrs. Arto, who have been residing in
Houston, had another disagreement, which
resulted in the wife leaving him and coming
to Galveston. Monday evening Arto fol-
lowed, and few hours after his wife's step
father was corpse, with q bullet In his
brain. which entered the left side of his fsce
Just beneath the cheek-bone, and ranged up
ward. Arto was arrested in the morning
about o'clock, as he stepped on the platform
of the Union depot to take the train Tor