Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1883-08-14
TELEGRAPH|C.
The Bears Cause a Fearful
Break in Prices.
NOTHING m THE FINANCIAL slTuA-
TON 70 CAUSE A DECLINE.
The Trouble Traced Directly
to Jay Gould.
MI 8 EMDEAvoRIKa TO OBTAIN CONTROL
or WIZARDS STOCKS.
The Low Prices Attracting
Orders from London.
SUICIDE OF MRS. SENATOR
ALLISON
Interesting Interview With
Cardinal Manning.
SUICIDE OF MRS. SENATOR
ALLISON.
Interesting Interview With
Cardinal Manning.
ESPECIAL TO THE srNT1NEL.l


ESPECIAL TO THE sENTINEL.l
NEW York, Aug. 13.-There was intense
excitement at the Stock Exchange at the
opening at II O'Clock this morning. Heavy
blocks Of stock were thrown upon the
market, Ind prices declined one-half to
three-quarters as compared with Saturdays
closing figures.
2.P. M.-The break in prices to-day is
due entirely to an attack by the bears, as
there is nothing new in the financial situa-
ton which would cause shares to decline.
Many operators bought on the break
Saturday for a turn, but they were shaken
out this morning, and this accelerated the
decline. There are the usual rumors
aioat OF financial embarrassment Of indi-
viduals and firms, but no names are men
toned. H. F. Stanton, a stock broker,
said The trouble can be trac ed directly to
Jay Gould, who is ~endeavoring to obtain
control Of the Willard stocks, consisting
OF the Oregon TRANSIT Continental, North
ern Pacific and Oregon Steam d Naviga-
ton. These stocks are said to represent
an interest valued at $3.50, 000, 900.
Northern Pacific preferred, New York
Central and St. Paul stocks have not been
| raided so o. to affect their position.
| Northern, Lake Shore, Union Pacific and
q few others have been run into, caused, it
is said, by orders from the London market.
At the Office of Fisk 4 Hatch it was said
that the low prices may have attracted
orders from London. During the day
Western Union has fallen about 6 per cent,
Northern Pacific has fallen about 10 per
cent, and, in fact. q shrinkage is noticeable
in all real dividend-paying stocks.
2:30 p. M.-The failure Of Cecil Ward has
just been announced at the Stock Ex-
change. His liabilities are understood to
be under $50, 900.
81. Mt is rumored that Gould has
been selling Oregon Trans-C Continental
from rs cents down, and the present break
is due to him. The leading bears state
that the pressure against the market will
not be removed until dividend-payers
break. Foreign exchange has been reduced
to 81 "a and 81 TIN.
Suicide OF Mrs. Senator Allison.
DUBuQJ E. Iowa, Aug. 18.-The wife Of
United States Senator W. B. Allison com.
mitted suicide by drowning herself in the
Mississippi River some time during last
night. She left home yesterday afternoon
shortly after / o'clock. informing her SER
want that she was going to me Of the
neighbors. Instead. however. taking her
gossamer under her arm, she went in an
opposite direction, toward the country
where she has been accustomed to take a.
most daily walks. II was asoertained that
she wandered around tts outskirts Of the
city. During the afternoon she was seen
by several persons walking rapidly, and
apparently very much excited. Not re-
was supposed to be, the alarm was given
and search instituted, and maintained
throughout the night. This morning her
body was discovered by On outgoing train
in the river, almost Z mile below the city.
She had cut up her gossamer, placed some
stones In II, and tied them securely about
her neck, and then walked deliberately
Into the river about IS feet from . plank
laid down, and was drowned where the
water wa only an feet deep. She was Of
. highly nervous temperament, and dur
ing the past two or three years has sui.
fered from md been treated for . mental
dissass. While ct . watsr-ours sstablish.
ment In Western New York In 1854, under
medical treatment, she attempted suicide
In much the same manner. but was res
cued, She was the niece and adopted
daughter Of the late Senator Grimes Of
Iowa, and has bean married for ten years.
She has no children. Senator Allison had
opened the campaign 1t Clarinda on Sat-
urday, and yesterday WAS In Council
Blufh. A dispatch was sent 10 him last
night - soon - her disappearance became
known, but II Il thought he was not
~..~k~S wNk114 Ahts unrwu{nn The .honH
ing event has thrown . gloom over the
entire community.
Cutting she Telegraph Wires.
NEW yoax, Aug. ls.-Prsss Agent Som
ervills Of the Western Union Company
said This morning that since . o'clock last
night $50 wires had bean cut. The oom.
pany Il short about 2S wires on the Al.
bany circuit. comprising the wires Of the
Mutual Union, American Union and A.
laute = Paeido Companies. Six wires
have also been severed on the southern
route between New York and Newark.
Twelve Of the south way lines were out.
This morning the eastern lines we're al
right, Twelve OF the Gold and Stock
wires were cut In this city between mid.
night and daylight The linemen we're
said 70 be out repairing. The Western
Union has employed detectives TO watch
their wires, but 20 far no reports Of ar
rests Of the wire cutters have been made.
Somerville also said that the States In
| which the wires we're cut would have to
pay for the damage done and the expenses
| Of repairing them. The striking inemen
persistsntly deny that they cut any Of the
wires. The officers Of the Western Union
say they are we'll up with the business,
and need but . few more operators to
place them In - good circumstances a.
before the strike. OF the 1853 ohhoes Of the
company In this city II are now open. He
said one Of the striking operators in this
city and another at Long Branch had re-
turned to work to-day.
Hopeful f0r Ireland.
NEW YoRx, Aug. 13.-The Herald prints
this morning An interesting interview with
Cardinal Manning. His general opinion
Of Ireland il hopeful. he processes a1ec-
ton for the country, and believes the rsla-
tons u landlords md tenants have In.