Seattle daily post-intelligencer. [volume] (Seattle, W.T. [Wash.]) 1881-1888, 1884-06-27

Tor several DAYS, but negotiations are
pending which might end in speedy
resumption Of business. The failure 4.
understood as being caused primarily
by the calling IN Of loans on Me.ropoli
tan Railroad stock. of which she frn
Rad been carrying large amouat for
several years. The mos. interesting
feature of the failure was the action Of
y. !. Hudson d Co, the firm of which
| denry A. Smith Is special partner.
On receipt OF a notice from Stout A Co.
II sell quietly" go sha-es Of Nex York
Central stock. loaned il. Tas word
quietly" was read quickly. and
Hudson d Co. sent a notice at once to !
chairman Of the Stock Exchange 70 sell |
the stock under the rule ON account of
the failure of Stout 4 Co. The letter
Was read, bat the stock was sold in &C |
cordance with its terms Soon after its |
sale the firm WAS obliged to announce |
| it3 suspension. No little fesiing vas
| manifested by members Of the En-
shange because of the action of Hudson |
IL Co., which was regarded as an attemp,
to depress the stock market. There v.s
some talk of calling a meeting of the
Governing Committee 70 consid r the |
| circumstances, but il ended in talk.
The matter was brought to the attsn- |
ton of the President of tse Exchange.
who decided that Hudson Il Co. were |
Iastfled In their course by ths r1lss o ( |
the Board.
II didn't intend dsine a wrong"
hudson said. bot supposed WIS fol-
lowing INSTRUCTIONS. The loan rad |
been renewed not 30 minutes before /
read the notice, which / naturally read /
norrledly. My mistake exposed the in |
uxskv x.k
ceaied little longer. That il the worst /
that can be said of it, under the circum.
stances, although l have made An apol-
oey to Stout j. Co. for the error, and |
Can really do no more"
Fight or for the Present.
NEW YORK. June 26.-The Sullivan.
Mitchell battle ia of for the present. |
Mitchell IL down with Malaria. Mitch
ell, however, telegraphs:
Loso BRANCH. June 26.-Bave inter-
mittent fever. Feel we'll today. IL the |
same tomorrow will box.
MITCHELL.
ner VIII.
PHILADELPHIA, June 26.-The will of |
Mrs. Eliza Coda, Who died recently,
leaving an estate valued at about $780, |
900, was admitted to probate. She be-
queaths about $4,000 TO Catholic char
tiles, including $4,000 to 81. Thomas
Theological Seminary, near Louisville.
Damage by she Storm.
Reports from regions affected by the 1
storm last night show much damage.
| At York the submerged district in
cludes, besides private residences,
stores, lumber yards and some large /
manufactures. Several Ut the latter
ara on the west side Of the stream, and |
the extent TO which they suffered can.
not be asoertainsd, AZ all the bridges.
eight in number. and including the |
Pennsylvania Railroad Frederick di-
vision) bri iRe, W re- swept away. Much |
live stock persisted Thousands Of feet
of lumber were washed away, and the |
valuable contents of many buildings
wholly ruined.
Indignant Cattle Raisers.
DopaE CrrY, Kas., June &c "A largely
at.eaded meeting OF Texas drovers was
held here tonight, to take some action
regarding dspredations committed by
Kiowa and Comanche Indians on
through herds OF Texas cattle while
p ,ssiug through Indian Territory to the
Northern States. The facts presented
were the regular system Of robbery and
extortion being practiced by these lndi-
ans on Texas herds. In some instances
a. many IA % of the finest beef cattle
have been fcrcibly taken from one herd,
and from others large sums of money
demanded and paid before the herds
were allowed 10 proceed northward. |
Resolutions were adopted condemninQ
| in the strongest terms this unlawful |
system, and asking such redress at the |
hands OF tina government as will atop
these outrageous maraudsrs from fur
thsr hindering the great cattle industry
carried on between Texas and the coun-
| try north OF 1t.
south Carolina Democrats
COLUMBIA. 8. c., June 26.-rhe Dem
ocratic state Convention met today. |
Senator Wade Hampton, +. W. Dawson, |
ID r. Subers and l.. f. Youmans we're |
selected as delegates nj large. Hsmc- |
ton and Youmans prefer Bayard. |
Dawson favors Cleveland in his paper |
Subers' preference Ia unknown, but he |
Is supposed to be for Cleveland. Con-
aressional district delegates have not |
indicated their choice The convention |
sent the delegates uniustructed. The |
platform Of 1882 was adopted, which |
embraces the following tariff plank: |
Duties ON Imports should be decreased, |
and the early repeal Of duty on cotton,
and on machinery used Ia the mana
facture OF cotton and wool. and on |
tools and agricultural implements.
will stimulate manufactures and will be
a relief welcome TO farmers. resolu- |
ton for the Chicago delegates 60 vate
IA unit was tabled. the present st ,te
officers we're nomin ted by acciamstion. |
Adjourned.
| Florida Democrats.
PENSACOLA, June 6.-The platform of
the De1ocratic State Convention favors
a liberal provision for the public schools;
q liberal policy on the part Of the Gov
ernment In the matter of public i'm
provements; invites immigration, and
includes the following:
Resolved, That in the vithdraw val from
public life Of that illustrious statesman
and patriot, samuel J. Tilden, the De-
mocratic party has lost most honored
and trusted leader, but that in Hon
Grover Cleveland, Governor of New
York, we recognize worthy successor.
whose nomination at Chicago would in
sure glorious victory Ia November,
and would guarantee to the people of
the country a pure. honest and econ.
omicai administration of the General
Government.
4 btMte httkft No@smase0.
RALEIoH, N. c., June % The Demo
cratic State Convention today nominal
ed a full State ticket and delegates at
large TO Chicago. rhsy are OF the opin-
ION that il h advisable 10 support Gu ve-
land, while in sympathy with Bsyard.
The platform will be based chiefly on
State affairs. With respect 10 tariff We
affirm the fundamental princple, leav-
ing the details OF the method by which
constitutional revenae tariff shall be
gradually reached 10 cur Congressional
REPRESENTATIVES but dutiss should be
levied for revenue. and Discrimination
should place the highest rates ON lux
uries and lowest rates on necessaries.
IL denounces the attempt of the Re-
publican party TO force civil rights as
q living issue, a. teading 60 stir mp a
strife between now friendly races.
| Flerida Democrats
PENSACOLA, June &.-The Democratic
State Convention reassembled this
L xnNxnsau Oa fhA zfxfa hslinf prrrv