davidaulloa/AmericanStories huggingface dataset:
, 1884-05-15
HORRIBLE CASUALTY.
A Couple Of Trains Are Terri
bly, TelescOped,
And Many Persons Are Man
gled And Cremated.
The Cream of Other Tele-
graphic News.
Telescoped Trains.

PuTsBuRa, Pa, May l4.-About ten
O'Clock this morning a collision occurred
ON the Baltimore q Ohio railroad, at a
point one mile east of Connellsville, be-
tween a freight train going west and a
construction train going east, resulting in
a terrible loss of life. The construction
train consisted of six cars containing fifty
laborers, on their way to the Ohio Pyle
Falls to work. The train was telescoped
and many Of the men were crushed to
death; those who escaped death were terri
bly, injured. The names ofthc killed have
not yet been received. There is a sharp
curve where the accident occurred, and
both of the trains came together with n
crash. The cars are burning and the
bodies are being cremated. The engines
remained on the track and telescoped each
other into the smoke stack, but the heavy
tenders jumped into the air and fell, the
freight tender upon its engine and the
gravel train tender back upon the first car
in the rear of it. Here was the scene of
death. Six men were killed outright in this
car, and u few others fastened down by
the broken timbers and roasted to death
by the car catching fire from the over
turned stove, and burning up before the
stupetied survivors could comprehend the
awful situation of their shrieking compan-
ions. Three men escaped from the car.
The wreck itself was a ghostly sight.
The tender of the freight engine stood
thirty feet in the air at the side of the
iron ear that was burned, and there could
be seen sitting amid the glowing cmbers,
twisted iron rods and dead ashes, three
%grinning skeletons, one sitting bolt up
right apparently peering into the flames
that had smothered out his life, as well as
those of his companions. At moor a large
force of shop hands were on the ground
eXtinguishing the flames, and a wreck train
was at work pulling debris away and res
cuing the charred remains. The burned
trunks of four victims have just been TIA
ken out. The remains were reverently
placed on boards, carried aside and laid
down upon the green grass, spotted
with purple forest flowers. A lean and
hungry looking mountain dog shifted the
roasted flesh and licking his chops de
scended upon the remains. Fortunately he
was discovered and driven away. 1t is
expected that the wreck will be cleared up
this evening. Officials decline to say who
is to blame.
, 1884-05-15

Chicago, May 14.-In view of the
great speculative interests which are al
ways sharply affected by outside financial
commissions. Chicago received the startling
bulletins from New York to-day with a
great deal of equanamity. OF course,
grain and provisions took Il step down
wards, but the total break was not as
great as has happened under less exciting
circumstances ,andt the total decline was not
such an one as would have caused any
marked comment in the normal condition
of affairs in New York. The intelligence
was, however, employed to its full
limit by the bear element in speculat-
i've pits to bear down prices. but with no
greater effect than has already been noted.
The latest news from the metropolis was
sought after eagerly and the afternoon
papers we're issued in hourly editions to
meet this demand. The rooms of the
stock brokers which were supplied with
private wires to Wall street were filled
with dense crowds during trading hours,
watching the fluctuations as indicated by
posting the latest prices on the bulletin
boards. Brokers who were conversed
with, report having purchased consid
cradle stock for their Short" customers,
who deemed it a good opportunity to COW
err, and there were a number of rather
heavy purchases by monied customers
who took the opportunity to buy some of
the better class of stocks forl investment.
In banking circles the situation was freely
discussed, and the declaration was fire.
%qrcntly made that the local banks were
never in better condition and had no ALI
ances at the East which would involve
them, except alphabetically, by the New
York failures, and it was argued that the
failure of the brokerage firms could have
only a passing effect here. Other close
observers contend that the situation was a
natural one, and due very largely tu the
reckless tendencies of several large oper-
ators and the fact that their prognostica-
tons had been voiced by certain papers
for the past six months, to accomplish the
present result. Stocks had been rlided
which had shownla large increase in earnings,
but the same influences could not affect
values generally.
, 1884-05-15

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, 1884-05-15

ALTOONA, Pa, May 14.-This after.
noon at 4 o'clock, one of the high pres.
sure boilers in the Pennsylvania railroad
machine shops of which there were six.
located in Ninth avenue between Twelfth
and Thirteenth streets, and used for test.
ing new engines and furnishing power fol
the machine department, exploded with
terrific effect. Hayden O'Hara, the fire.
man, was blown to atoms. Another fire,
man has not been found yet, and nine
other persons are more or less injured.
Two little girls who were on the avenue
were struck by flying debris and seriously
injured. The cause of the explosion is i
mystery.
, 1884-05-15

SAN FRANCIsCo, May lA-Thc Odd
Fellows laid the corner stone of their new
hall in this city to-day. The ceremony
was the most imposing demonstration ever
given by the order on the coast. Two
hundred and ninety-four lodges, all be-
longing to the State, were represented by
over ten thousand members in the pro-
c%ession. Governor Stoneman proclaimed
the day Il legal holiday, a compliment
never before paid any order in this state.
The banks were closed and all business
was suspended. Thenew hall will be of
modern Gothic architecture and will cost
about two hundred and fifty thousand
dollars.
Prince Yamashama of Japan, and his
party, started east this afternoon via the
Chicago, Burlington & Quincy.
Being a legal holiday, the banks were
all closed and hence it was impossible to
learn what effect the failures of the New
York banks have on the houses here. The
Metropolitan bank had no regular cores
pondent in this city. No losses are ex-
Dectcd.
, 1884-05-15
WHAT Is THOUGHT OF IT.


New YORK, May 1.-THE Sun to-
morrow will say Yesterdays panic in
Wall street was emphatically a panic
among stock gamblers and nothing else.
1t did not proceed from failures among
merchants, nor from the withdrawal of
credits in mercantile circles. 1t began,
eliminated and ended in stock specula-
tons, and went no further. To be sure,
merchants will be Inconvenience by its
results out not for long and as soon as the
wreck is cleared away business will resume
its natural course. The only serious mis-
chief which is likely to follow this brief
panic is distrust in all the banks, arising
from the failure among them, which are
plainly traceable to dishonesty, or to use
the mildest language, gross imprudence On
the part of their officers. The shock to
public confidence, occasioned by the revel-
atoms of the management of the Marine,
Second National and Metropolitan banks,
naturally and not un~reasonably affects the
credit of their sister institutions, and a
period is required for their recovery.
, 1884-05-15
Metropolitan Bank Failure.

WALL STREET. 1870, p. m.-Sensa-
tional rumors were afoat affecting the
solyency of several banks, but invstiga-
ton proved them false except in th' IN
stance of the Metropolitan. In the safe
ment issued by the Clearing house, A'ril
"a, CAST issue) the full condition OF tue
Metropolitan bank was as follows Capita
8 ,OoO, 900; net profits, 81 ,49s, 6Ooi circu
%lation, 81, 3o4, 900; due banks s5,si5'o 0
due depositors, SO, 1872, 300; unpaid dlvl
bends, IS, 100; total, ASS, 900; certified
checks, 1857, 200. The following notice.
were pasted on the Metropolitan BAN
door: 1.-THE check drawn by the Mayer
lex bank Of Boston on the Metropoiltai
, 1884-05-15
Personal MENTION.

"
Z. C. Fisher went west last evening.
John Sparks went East last evening.
C. II. Terry went down to Denver yes
tcrday.
Hon. John f. Coad returned from his
ranch yesterday afternoon.
Mr.. R. S. Wires, advertising agent for
Coles circus, arrived in town yesterday
and is stopping at Dyer's hotel.
Mr.. John c. Friend, whose vigorous
mind guides the destiny Of the Rawlins
Journal, arrived in the city yesterday to
attend the Democratic Central committee
meeting this morning.
A. G. Snyder, so long the manager Of
the Western Union office in this city, re
signed his position yesterday, in favor Of
G. W. Jones, who will probably receive
the appointment.
Gus Bothn cr, business agent Of Mr..
and Mrs. George Knight, was in the city
yesterday, arranging for the appearance
of that accomplished couple at the Opera
house on the 2Gth instant. They will
play otto, tie German.
R. TAFT, Pole Greek; f. B. Nelly, Chug.
water, John Mcpherson, Fort Collins.
J. Dillery and wife and Mrs. Carrie Shaef
cr, Mrs. John Ray, Fort Laramie and
John Guenther, Pole Greek, are at by.
, 1884-05-15

Republican Convention Contests.
WASHINGTON. May Alt appears
probable that there will be but few con-
tested seats in the Republican convention
at Chicago. The call for the convention
required that notices of contests shall be
given to the National committee accom-
panied by full printed statements of the
ground of contest. Up to date only two
notices of contests have been filed, one
from the first district of Alabama and the
other from the first district of Georgia.
In the latter case only have the require
ments been complied with, by filing state
ments of the ground of contest and the
absence of contests indicates the proba-
bility of a brief session of the convention.
, 1884-05-15

Graphic Descriptions of the Excite
ment There.

WALL STREET, May l4-Wall, Broad,
and New streets, surrounding the Stock
Exchange, were filed with surging masses
and the galleries overlooking the trading
room crowded to repletion. The excite
ment on all sides is almost unprecedented.
On the floor of the exchange all is con
fusion though little or no business is done
in sales, the suspended firms make a
show of business. The situation is
decidedly panicky and further failures
are looked for. Distrust is the most
imminent feature and banks are carefully
scrutinizing the counts The Phoenix
bank refused to certify the checks of
Hatch & Foote and this is the immediate
cause of the suspension. A meeting at
the Clearing house has been called to
discuss the situation which is regarded in
great peril. Secretary Folger has been at
the sub-treasury all morning, and was
visited by almost all of the prominent
fnanciers of Wall street. He expresses
the determination to use all the power of
the Government to prevent a panic and
will act promptly to the utmost limit of
his authority. At l2:l5 Wall street was
amass of people from Trinity church.
At 1870 O'Clock the excitement sub
sided to a great extent and better feeling
ing prevailed but the situation is by no
means settled. The general impression is
the end is not yet stated. Drexel, Nor
gan & Co. received word from a Phila-
delphia house hat they have all the
money they wanted.
WALLSTREET $50, p.m.-The Clearing
House association has just adjourned after
adopting the following
Resolred, That in view of the present
crisis among the banks this association
is for the purpose of sustaining each
other and the business community.
Resolved, That a committee of five BIZ
appointed to receive banks, members Of
the association, bills receivable or othel
securities to be approved by said commit
tee. who are authorized therefor to give
to such depositing banks loan certificate
bearing interest OF 6 per cent per annun
not in excess of IS Der cent. of securitie
or bills receivable 50 deposited except II
the case of United Suites bonds, and SAT-
certificate shall be received in the settle
ment of balance at the 6earing house.
The following gentlemen comprise tn
committee F. D. Tappn, George 5
Coe, J. D. Vermilye, Geoige G. VII
liams, W. A. Wall and Edward H. Per
Eina
, 1884-05-15

BosToN, May l4.-For the last three or
four weeks the Boston brokers have pre-
served a conservative policy in anticipa-
ton Of the present result, and the average
daily balances from that time standing
against Boston houses in offices Of New
York brokers has only been between $500
and 81, 500, so that the Boston brokers
have been prepared to meet the very
worst state of affairs. The offices of some
of the large brokers have been besclged
to-day by persons carrying stocks on mar
gins and were a%nxions to make good Their
accounts. In consequence there was a fall
in prices, and for the first time in the ex'
perience of State street, checks were re-
, 1884-05-15
cattle ana sheep Market.

CHICAGO. May l4.-Cattle-Receipts
5000 head; market weak; low grades Toe
cheaper; good to choice shipping, IS. GOA
{. 80; common to medium, 50. 100000;
stockers, S.. 1904. Is; feeders, 5000
$50; grass Texans, $L25C@5; corn fed
Texans, Sj.25@G.
Sheep-Receipts, 1900 head; market
unsettled, low grades weaker, wooded;
inferior to fair, s5.oo(a6.oO per cwt.
medium to good, $1,000 c. so; choice to
extra, SO. 5Oa7.OO; shorn 3~.75(G5.70.
, 1884-05-15

SAN Francisco, May 1.-THE
Chronicle publishes tomorrow an inter
view with William Alvord, President of
the Bank of California, and managers of
other leading banks on the financial panic
in New York to-day. All agree that it
will have no effect here except to stiffen
interest rates. They also say the panic
will be of short duration.
, 1884-05-15

DENVER, May 1.-THE war in eastern
passenger rates continues. Crowds throng
the streets in front of all uptown offices.
The following rates were bullctined at II
o'clock this morning Missouri river
points, distance six hundred and thirty
five miles, three dollars st, Louis, five;
Chicago, seven New York, twenty-five.
Proportional rates to other eastern points,
1t is stated that the scalpers are selling to
New York for 500.
, 1884-05-15

P%rTTsBuRG, May Eight hundred
miners employed at Falls Greek, st.
Mary and Hardscrabble mines, Dubois,
Pa, struck against the introduction of the
screen system. Both sides are firm and
a long struggle is anticipated. The re-
ported threatened strike of 6, 200 railroad
miners in the Pittsburg district is untrue.
The western National association met this
morning and reaiirmod the card rate.
Trade is reported fair. No action was
taken on the proposed pool
, 1884-05-15

CHICAGO, May 1.-the anti Monopc.
lists National convention was held here
to-day. About 200 delegates present,
Sixteen states represented. j.. b. Wea.
yer, of Iowa, was placed in nomination,
as were likewise b. f.. Butler and Allen
G, Newman. Butler nominated almost
unanimously.
TRENTON, n. j., May l4-At the
Democratic State convention Senator Nc
Pherson presided. Majority of the dele.
gates favor Tilden.
, 1884-05-15

New York, May 1.-THE national
bank examiner has announced the Second
National bank solvent. A. A.. Bogart &
Co., bankers, suspended. Nelson, Robin
son & Co. announco that all active stocks
carried by them were sold yesterday and
people carrying them in loans need not be
alarmed as they will show their books
proving the money obtained for them.
j. c. Williams, broker, says he will an
nounce his suspension later in the day.
Several stocks were bought in under the
rule this morning on his account.
, 1884-05-15

bank may be presented to the First VA
tional bank for payment. All drafts
| drawn by the First National bank Of Utica
on the Metropolitan bank may be present
ed to the First National bank for pay,
ment." Additional notices posted by the
Metropolitan bank say: Drafts OF
Holmes & Son, Pittsburc, will be paid
by the Bank of America. Drafts of
the Flour City Bank of Rochester, and
Marshall, Field & Co, Chicago, will be
paid by the Bank of Commerce. ~
Drafts of the Bank of Attic, Buffalo,
will be paid BY the Hanover bank.
2:20 p. ma representative of the
Associated Press has just interviewed a
prominent director of the Metropolitan
bank who says emphatically that the de
posters will be paid in full. The direct
ors have gone through all the securities
and throwing out all that was classed as
doubtful they have more than sufficient
to pay all depositors. The suspension
was solely due to the fact of dcpositors
throughout the country having become
scared through attacks on the president
of the bank, Mr.. Seney and had inaugural
ed a general Withdrawal of their deposits,
and this fact, coupled with the general
distrust e~ngendercd from the critical stu
alton in speculative circles, caused the
bank TO suspend. 1t is stated hat the
=. - l1-I- Gil
, 1884-05-15

New YORK, May l4.-Secretary Fol
ger says the break is due to reckless spec
ulation by a few men. The situation is
not inherently weak. He will do every
thing in his power to prevent stringency.
He stated There is plenty of money in
the country. l do not anticipate any ex-
tcnsive panic. The situation is not as
weak as the people suppose. will do
everything in my power to restore the
confidence. "A telegram from Twenty
Third street reports that three lines are
deDositors.
, 1884-05-15

New YORK, May l4.-From the New
York World of Thursday; George NJ.
Pullman, President of the Pullman Pal
ace Car company said: 1T does not
seem to me hat excitement such as is
now raging in Wall street can spread
throughout the country. In my official
capacity as the head of a company whose
cars are on almost every railway through
out the United States and Mexico, | am
in a position to know something about
the general condition of the country.
From reports made to me | find trade and
commerce everywhere are progressing,
and that there are more men in actual
employment than at any previous time.
1t seems to me that the prosperity of the
country depends more upon this state of
affairs than upon what is being done in
Wall street.
, 1884-05-15

NAhaN 80 VI Nv AllI
floor of the House to the little telegraph
Office in the lobby where the latest quota
tions are bullctined and a good many long
faces are observed among those returning,
The Secretary of the Treasury an
nounces that the department is prepared
to redeem the bonds embraced in the one
hundred and twenty-seventh call prior to
date of maturity, June 20, 1884, with in
terest to date of presentation. The con-
dition of the treasury to-day Gold and
bullion, 1896, l43, SOL silver dollars and
bullion, Sl36, 27l, 1872; fractional silver,
500, POI, 674 United States notes, $780,
500, 361 ; total, 1928, 80, 9lS. Certifi-
Gates outstanding gold, 500, S64, eco
silver, 1913, GIG, 5Il currency, $l5,200,-
600, The Comptroller ofthe Currency early
this morning telegraphed Bank Examiner
Serbia in New York to go to the Second
National and investigate the rumors of
trouble aud received in reply the follow
ing telegram from Serbia: ''Arun at Second
National bank. Have secured guarantees
for all the deficiency and money will be
supplied the bank until the run ceases;
the capital is intact with a small surplus.
Particulars by mail" The comptroller
subsequently received a private telegram
saying: THE Metropolitan National bank
closed its doors and there is great excite
ment in New York but no general panic.
The Comptroller thereupon telegraphed
Mr.. Serbia to go to the Metropolitan
National bank. He replied as follows:
The Metropolitan bank closed its doors.
l have taken charge and await instruc-
tons. The Comptroller instructed
Mr.. Serbia to to remain in charge. In
reference to the condition of the banks in
the country at large, the Comptroller says
they seem to be in exceptionally strong
condition, most of them carrying unusu-
ally large reserves.
Hundreds of kilograms from New York
have been received by members of Con
gress to-day urging immediate legislative
action to relieve the financial strain. As
the majority of the kilograms were re-
ceived by representatives Just before the
adjournment of the House the unanimous
consent was asked by Springer to pass the
Dingley bill authorizing the Secretary Of
the Treasury to invest in bonds the
lawful money deposited by banks for the
retirement of circulation. Holman and
Weller objected and the House imme-
diately adjourned. A meeting of the
committee on Banking and Currency has
been called for Monday morning to dis
cuss the best method for securing the
passage at the earliest possible date both
Dingley and McPherson's bills. 1t is
expected the committee will be able to
set apart one day next week for the con-
sideration of the measure. The McPher-
son bill has been favorably acted upon by
the Senate. The Dingley bill has not yet
been considered by that body. Outside
of spectators who are very much agitated
there is little excitement here concerning
the financial situation as the people have
confidence in the banks and brokers
declare there is not the slightest reason
for uneasiness among depositors.
, 1884-05-15

DENVER, May l4.-The news to-day of
the suspensions in New York CITY created
quite a sensation in financial circles here.
A few country banks who have small ac-
counts with the Metropolitan have suffer
cd, but they are not sufficiently large
enough to affect their solvency. No fears
are entertained for the Denver banks.
The passenger rates will be restored on all
the roads moro morning.
, 1884-05-15
OUTSIDE or NEW YORK.


WASHINGTON, May l4.-The tumble
A stocks in New York to-day causes quite
a,anic among Congressman as many OF
then are personally interestedrin stocks.
som carrying large lots and Others taking
small ventures frequently. There is .
, 1884-05-15

DULUTH, MINI, May l4-This even
ing the Duluth and Superior ferry boat
collided with u sail boat smashing it up.
Twenty-one persons We're in the sail boat.
Tadore Plummadore, who ran it, and
three Swedes, were drowned.
, 1884-05-15

LONDON, May l4-There was one
small failure upon the stock exchange to-
day. The panic in New York caused
much excitement on the street after the
exchange closed. The Louisville and
Nashville securities have fallen nine
points. Other leading American railway
stocks have fallen from two to five points.
, 1884-05-15

ST. LOUIS, May l4-The news of the
financial crisis in New York to-day has
had no appreciable effect upon the bust
ness here. There was some excitement.
on the change as the dispatches from New
York followed each other, reporting the
different suspensions but grain and pro-
visions bore the situation remarkably well,
and wheat closed generally higher and
corn was but a very small fraction lower
than yesterday. The general opinion of
operators on the floor was that the trouble
was local and few, if any, banks or firms
outside ofNew York would be affected,
at least seriously. Local bankers feel no
aD~nrehension.
, 1884-05-15

fused until an examination showed the
brokers that the money the checks repre-
sented was actually on deposit. Although
it can be said there was no excitement, it
can also be asserted that no unusual feel
ing of distrust prevailed. At the office of
the Union Pacific Railway company the
same conservative policy was pursued and
no transfers-were made until the treasurer
was satisfied that each transaction repre-
sented the delivery of the money, there
was an undoubted feeling of confidence on
the stock exchange here this afternoon.
, 1884-05-15

Benton & White, located on Hill street
between Seventeenth and Eighteenth,
keep a feed, sale and boarding stable.
Teams for sale at reduced prices.
, 1884-05-15

Telephone Rincr & johnson and have
your coal delivered at Sj.5 per ton. Tel
cphonc No. 9G-two rings.
, 1884-05-15

Some second hand furniture cheap, t.
make room for new goods to arrive.
" RAKuu
, 1884-05-15

For the best dental work and lowest
prices visit DR.. Warner dental p%arlors.