Arizona weekly citizen., 1884-05-10
'FELEtJRbP I

2 A LII A O As lA E AA
 TOMBSTONE, April 30.-The GranG
 Central mine closed down to-day
 Shortly after shutting down a CIrIzEs
 representative interviewed Superin
 tendent Gage as to the cause of stop.
 page, he stated that for tlo past foul
 months the ore bodies above the watel
 lne had been growing poorer in grade
 until the battery samples would not
 average twenty dollars per ton. Last
 month the loss to the owners was
 S25,OOO. No work could be done below
 the water level for the reason the pumps
 could not control the water. At the
 present rate of wages, four dollars per
 day, the mine could not pay expenses,
 and the company would not run at a
 loss any longer. The Miners UnIon
 here positively refused to work at three
 dollars per day the proposed reduction,
 and unless a compromise can be effected
 the probabilities are the mlne will re- lnain closed until new pumps are put in.
 about six months. It is stated that
 both the Contention and Toughnut will
 close in a few days.
 SAN FRANcIsCo, May 1. - The an | nouncement at o'clock thIs afternoon of the failure of James k. Keene, the Well-known Wall street operator. was rcc3ived by many with credulitv. Ii created at first a tremendous excitement among the smaller dealers and operators.
 who had apparently not anticipated such e result. The effect on the market was appreclable this afternoon, as the an nOuucement came so late. Very httle accurate information could be gained in regard to the failure, although rumors Of most contradictory character were circulated m great numbers. It was learned, however, that the failure is due to the fact that keene has for some time past confined his stock operations to transaction in privileges and selling Puts and Calls" 4 large number of these contracts fell due to-day and it was said Keene began this morning pay ing them off and after spending over Sl5O,OOO m cashing the differences re- sultlng from falling market he found hlmself running short and having no more money at he command he was forced to refuse to take stock. The news spread rapidly and soon his office was besieged by customers and creditors who fought with each other t) gain al entrance. His secretary, Mr. Wells, 1 confirmed the report of his failure t0 meet his eng sgements ani 1t was owing to | unfortunate spscuiations. H5 said Mr. heene would m2Ga no statement to the l public at present, but would furnish a i statement at all early date to those who | are Interested more intimately m his | affairs. He refused to see any reporters | a' his office to-day, and at his house | this evening It was said he had gone out | of town and was probably iu Newp1rt. | Later in the evening, however. the following statement was issued for | publication:
 To AssOclated Press reporters: After paying out a million dollars in cash in the last few months in my efforts to protect my privileges in the falling market l have finally determined today to call a halt in the interest of those l whom l have had business with.
 stou.I,S SG;,;Geh s,e.h JAMES R KIEEyE. tSs KeeIe was offered ny a number of friends and business associates S400,O00 ! He refused to accept it. saying he did not propose to make matters any worse by keep ng up his margins any longer. The failure was the absorbing topic of among brokers and bankers, who assembled this evening at the Windsor hotel ana various con- |, as-rl. l, ,l either been friends or opponents to the great operator.
 RICHMOND, Va, May 1-The straight out Republican State Convention was called to order by John T. Desendortf, | chairman of the State Committee. One | hundred and twenty delegates were present, over half colored, and pro- claimed for Blaine and LiDcoln. but the | delegates to Chicago were uninstructed, recognizing that the naming of candi- dates should be practically left to the States furnishing the electoral votes.
 ST. PAUL, MIun., May 2I.-The State Republican Convention met at noon to- day. General John E. Sanbon was elected temporary chairman, which was a decided Blaine victory, as the lines | were drawn on temporary organization.
 SACRAMENTO, May 1.-The celebrated Barry bill was to-day practically de featei by the senate Ol an amendment introduced by Senator Brooks, allowing railroads organized under other govern ments 10 operate io this state, under re- resulting in a tie vote, P esi- dent Daggett giving the casting vote n favor of the amendment.
 MADISON, Wis, May 1-The Republl- can state convention selected delegates to the Chicago convention unlnstTucted. | Resolutions approving Arthur's admins | tration were adopted and then the COZ vention adjourned. The delegates were | all interviewed. Nine are for Edmunds, | 9 for Blaine, 3 for Arthur, for Sherman.
 MARTNsBURG, W. Va, May L-The Republican State Convention to-day | selected four delegates 't large to the | Chicago Convention and dinstructed dele | gates to vote for Blaine.
 RALEIGH, \. C., May There was | a full attendanca at the Republican State convention. Tie indications 1 point to the nomination of York, . Liberal. for 2 ,vernor, and the election 1 of Arthur delegates to Chicago.
 NEW York, May 1.-There was great l excitement over the walking match a5 1 Madison square this morning when ! Fitzgerald took the lead. Fitzgerald ! beat all previous records, completing l three hundred and eighty-seyen miles, l highest score ever made.
 OMAHA, Neb., May At the Union Pacific shop the men. freight handlers went out on a strike this morning against ten per cent. ID the reduction of wages. It IS said that the strikers will prevent the depature of all trains and If possible blockade the entire road. There are fully fifteen hundred men on the strike in Omaha.
 In the afternoon there Is to be con- ference between a commission of the strikers and Superintendent 5. '. Clarke. It is not possible to foretell what the result may be. The strike IS understood to extend all Over the Union Pacific system on both Union and Kansas divisions. MT. Clake Is not to be seen being in Q distant part of the town. The town IS quiet and no dis turbauce anticipated.
 n,..-. NTo,- 9 Warag of all thp pru-