The Palatka daily news. (Palatka, Fla.) 1884-1888, 1884-05-11
TELEGRAPHIC SPARKLES.
THE LATEST NEWS FROM ALL
PARTS BY WIRE AND CABLE.

Sixty per cent. of Madison parish and
80 per cent. of Tensas parish, in Louisi
ana, is under water, and there is graat
distress
The river has risen a foot at Shreve-
port La, but has begun so fall Points
are being cut across to let the water out
more rapidly.
DR.. F. Gardener and wife, of San Pa
bio, CAL, attempted suicide Friday. Mrs.
Gardeners life was saved, but her hus-
band died. Cause, domestic infelicty.
The State Geologist of Alabama has
found from analysis that rich phosphate
beds exist in Autauga county, and in
other agricultural districts in that State.
The river at Port Allen, La, has begun
to rise, and plantations which were
planted week ago have been overflowed
The people are much disheartened,
Robbers derailed a train on the MeXi-
can Central Railroad, near Quaretero,
Friday, but one of them was shot, and
the others fled. The train had $50 900 in
silver on board.
Three buildings at Epping. n. H.,
were struck by lightning Friday morning
and burned. In one of them an invalid
named John W. Marden, aged 70 years,
was burned to death.
The business failures of last week were
one hundred and fifty-eight for the Uni
ted States and thirty-three for Canada,
and none in the United States.
James S. Coleman, colored, was hanged
at Columbia. S. c., Friday, for killing
sister-in-law and outraging her while dy
ing, and then outraging another sister-in-
law in December, 1888.
GENERAL GRANTS REVERSE.
NEW YORK, May 10-This mornings
TriSune, in an article on the failure of
the Marine Bank, publishes the following;
''The failure of the Marine Bank will be
as complete as ever you saw, said COrne-
Illus Morrison, of the firm OF Wait,
Creighton & Morrison, at No. 81 Wall
street, who has been a depositor in the
Marine Bank over twenty years. Fish
owned ffve-eighths of all the stock in the
Marine Bank, and owned, of course, by
that, the Board of Directors. Fish and
Ward have been into the widest Of wild
cat schemes. One thing they were about
to go into when the crash came was to
purchase the old Produce Exchange
building. Our neighbor, John Wood, an
Irishman. who has SO, 500 deposited there,
the sayings of a lifetime, loses all.
know a young business man, just start
ing in, who loses So, 600 that he deposited
on Saturday, and he will have to give up
business In my opinion about all there
will be left when we know it all will be
the safe and office furniture. Fish
moved away from the bank over two
weeks ago and went into apart
ments at Mystic flats. He knew
the crash was coming and so did Ward.
~ The opinions expressed among deposi
Ms and stockholders of the Marine Bank
eefe to the effect that they had no rea-
son to hope for anything. and that the
loss would be total Many hard things
were said of Fish.
Instances multiply of the deception
practiced in the name of the firm of
Grant & Ward to carry through wild
schemes in which interest on pronts"
were paid to those who invested in them
out of the principal they put in Mr.
Chaffee's deposit of securities to the
amount of at least $500, 900 was secured
from him within recent date, Ward
depicting the great prosperity of the
firm.
J. H. Work, who is secretary of the
Mexican Southern Railway, and anephew
of Frank Work, Wall street operator,
is said, on good authority, to be credi-
tor of Grant & Ward to the extent of
$1,000,0 900, and his friends are also vic
timized to the extent of about 81 100000.
1t is asserted by General Grants friends
that he supposed up to the time of the
collapse, that he had to his credit in the
firm profits of 50, 400, 900. A person who
ought TO know, says that Fish insisted on
1CNSlN1AAE iAio IAOtAto, anu CttW OUT Oh
the firm $500, 900 in 1888 and $500. 900
this year sympathy is felt for General
Grant, who has transferred his property
to William H. Vanderbilt to protect him
on worthless check of $3.50, 600 accepted
by him in return for his own. The Gen
erals transfer includes two houses in
Washington, one in Philadelphia and a
farm of considerable size in the suburbs
of st. Louis Mrs. Grant is also said to
have transferred her property to Wander
bilt. 1t includes the cottage at Long
Branch and her house at No. 3 East Goth
street.
A Supreme Act of Folly.
Boston Post.
By this persistent treason Mr.. Randall
has probably purchased his pew in Con-