The Kenosha telegraph. [volume] (Kenosha, Wis.) 1860-1888, 1884-05-23
The East.

FREIGHT and gravel trains on the Bah
timore & Ohio Railroad collided the other
day near Connellsville, Pa, and fourteen
laborers were killed and twelve others
were injured, some of the victims being
roasted to death.
JOHN G. Emo, President Of the Second
National Bank of New York, was on the
14th discovered to be short 81, O0O,O 900 in his
accounts, but his father made good the de-
ficiency.
PAYMENT was resumed by the Metropol-
itan National Bank of New York on the 10th,
and an improved condition Of affairs pre-
vailed at the Stock Exchange until about
fifteen minutes before the close of business
the failure of Fisk 81 Hatch was announced,
causing a sensation, as Mr.. Hatch was
President of the Stock Exchange. Then
prices tumbled, and the market closed in a
chaotic condition. No serious disturb
ances were reported throughout the coun-
try, the feeling prevailing that the storm
could be weathered.
SENATOR SHERMAN in an interview at
Philadelphia on the 10Th stated that in his
Judgment the country was not on the verge
OF panic, and that the present troubles
were merely local. He said that reckless
speculation was the cause of the existing
difficulties, and the remedy was for people
to refrain from dealing in securities or
products which they did not hold or con-
troll. He thought the present furry would
make the people more cautious, and would
turn their attention more toward legiti-
mate business enterprises.
By the bursting of a steam pipe recently
at the Pennsylvania steel-worlzs at Har-
risburg, six men were fatally scalded.
Four new Bishops were elected at the
Methodist General Conference at Phila-
delphia on the 10Th, as follows: Rev. w.
x. Ninde, d. D., of Detroit; Rev. J. M.
Walden, of Cincinnati; Rev. G. H. Fowler,
ID. D., Of Chicago, and Rev. DR.. Mallalieu,
of New England.
THE doors of the Tuna Valley Bank at
Bradford, Pa, were closed on the 10th.
1T was shown at the ninth annual meet
ing of the National Temperance Society
and Publication House in New York few
days ago that the receipts for the year
were $4,000; expenses, $4,000 The past
year bad been prosperous, and over $40, 900
was expended in missionary work among
the freedmen of the Southern States,
FIRE on the night of the 10Th DESTROYED
the Papachoag Mill, near Worcester, Mass,
causing loss of $150,000. Several of the
employees jumped from the windows, some
being fatally hurt. 1t was feared that
bodies would be found in the ruins.
The opening of the General Assembly of
the Presbyterian Church at Saratoga, N.
Y, on the 18th, was attended by two thou
sand persons. DR.. Hayes, of Denver, was
chosen Moderator.
In the New York Petroleum Exchange
on the 10th the excitement was greater
than ever known before. Prices opened at
IA, and little after twelve o'clock fell to
65%. Many men who went to the Exchange
rich went home poor.
THE Legislature of New York adjourned
sine die on the 10th.
CONSIDERABLE excitement was caused at
the opening of the New York Stock Elk.
change on the 10Th by the announcement
OF the failure of several firms of brokers
and the suspension of the Newark IN. J.)
Savings Bank, but before the close of bust
ness confidence had been restored and the
panic was considered at an end.
Two hard characters named Boxev Rrav
and William Henderson, were fatally shot
the other day by Policeman McAleese.
near Pittsburgh, Pa,
The report Of the Committee on timer.
Anoy thst 1t Is spsxpedient TO take action