Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-10-22
A FISHERMAN'S LUCK.
MIR. Young, of the Lawrence Bank,
Returns Home to be Surprised.
THE BANK AS GOOD AS GOLD COIN.
A Pittsburger Interested in One Of the
Greatest Deals on Record.
BAD EFFECT Of SOUTHERN LAND BOOMS

Line ascending President OF the Lawrence
Bank, Lawrenceville, w. W. Young, re-
turned from his annual fishing expedition
to the Kankakee Sunday night, and was
surprised, and much more, when informed
OF the sensational and entirely groundless
report which had been circulated in his
absence regarding his whereabouts and the
solvency of the institution of which he is
the head, to the effect that he had packed
all the movables of the bank into grip
sack and skipped to Canada to join the ia
nous American colony there. 1t is needless
to repeat, for the fact has been made very
clear, that the report was out of the whole
cloth, there being no basis for it whatever.
The bank is one of the most substantial In
the city, having large resources and an able
and conservative management
Mr.. Robert Smith, of the Union National
Bank,stated yesterday that the Lawrence Bank
was as good as gold in the pocket, having 500
QUO or more to its credit at the Union at the
height of the excitement on Saturday, none of
which was needed to tide over the little run
caused by the false report of the Presidents
criminal disappearance The furry has sub
sided entirely, and business at the bank is
moving along as smoothly as before.
Are any of the descendants of John Camp
bell living in this vicinity? He was engaged in
mercantile pursuits in Pittsburg in 1775. In
that year, as member of the Wabash Land
Company, he assisted in closing up one of the
greatest private transactions in real estate on
record in this country, the nearest approach
to it in magnitude being the Symmes purchase
in Ohio. The only deals which surpass it in
Importance, were the purchases by the Gov
ont IF fhn Tnr1ic; iforr oF
Alaska. 1t involved about 80 0O0,0 900 acres in
Illinois and Indiana.
The sellers were the Plankeshaw Indians
represented by II of their chiefs, and the con-
sideration was 400 blankets, q pieces of stroud,
Ia species of heavy cloth), $50 shirts, II gross
star gathering, 12O pieces ribbon for female
ornament, "a pounds vermilion, IS pairs velvet
laced housings, 1 piece Of mutton, 50 fusils
(guns), 35 dozen large buckhorn handled
knives, 40 dozen couteau knives. 800 pounds
brass kettles 10000 gunfints 900 pounds gun
powder, 1000 pounds lead, 400 pounds tobacco,
40 bushels salt, 5000 pounds -four, horses,
and few articles of silverware to be worn in
the noses and ears of the principal men Of the
tribe.
Alongside of this acquisition of an empire,
real estate deals in these times, even that of
the II. c. Gerick Company-appear insignlfi-
cant. MIR. Campbell was undoubtedly the first,
as he was certainly the greatest, real estate
operator in Pittsburg. The only drawback to
his great dicker with the Indians was that
Congress, after some years of hesitation, re-
fused to ratify the purchase.
Where an employe of tenant brought suit
against the landlord for damages for personal
injuries resulting from a defective stairway,
and there was no covenant in the lease to the
effect that the landlord should make repairs
the Supreme Court of California held that the
landlord was not liable,
Here is another decision of interest to the
farming community:
conditional warranty on the sale of a har-
vester provided that the purchaser should re-
turn it to the seller if it failed to do its work
properly, and that if it failed to do good work
the purchaser must give immediate notice il
writing at the Office of the harvester company
in Springfield. O., subject to second trial in its
presence. No notice was given, but the man
ager of the companys office at st. Joseph, NO.,
personally directed the operation of the ma
chine after it failed to do good work. On an
offer to return the machine the seller refused to
accept it The Supreme Court of Kansas held
that under the circumstances the purchaser
was relieved from his agreement to return the
harvester, and that there was sufficient notice
to the company that the machine did not COM
ply Will Tue WarIanty.
Monday is not so blue as it looks to some neo
pie. Said leading real estate broker yester-
day: Il have no fault to find with Monday
Indeed, it is one of the best days l have I
don't do as much new business as on other
days, but close up larger number Of trans
actions People are cooler and less disposed to
rush things than later in the week. They
think more about what they have done. or
ought to do. 1t is day Of retrospection and
conclusions. In scores of instances where 1
have been unable to close sales on other days
of the week, 1 have easily succeeded on Mon.
day.
Buyers and sellers would come in and saw:
I have been thinking over that little matter to-
day, and have concluded to close it up.' Mon
day may be blue to people in other business
but it is always welcomed by real estate deal
ers who finish more business on that day than
on any other"
The New York drygoods market Is very quiet
for the season. The personal demand from
jobbers in the regular" way is light to the
verge of dullness. A seasonable distribution is
being made of dress goods, hosiery and similar
fabrics adapted to the fall trade through the
medium Of mail recorders (from nearby and
Southern retaIlers), and by means of price con-
cessions made by leading jobbers The trade
in holiday specialties with large jobbers has
started up actively. With agents the same re-
ports of light but steady recorders for season.
able goods are made. The chief activity no.
ticeable is in the receipt of orders for spring
cottons, notably woven wash fabrics, white
goods, ginghams and printed sateens Prices
have shown few changes
Operations in the Boston market are hardly
sustaining the promises of the early part of the
month. and yet there is no particular occasion
to find fault. The retail trade throughout New
England is brisk, and jobbers and commission
merchants look for an early replenishing of
stocks Prices are sustained, with the excep-
ton of print cloth and some makes of brown
sheetiugs The position of cotton fiannels is
unusually strong In the jobbing department
the distribution covers the full range for the
season. All the wool dress goods are selling
well. while clothing woolens are unchanged,
From present indications prices during the
coming season will be at least as high as they
are now.
1t seems the South is suffering from the
'boomers' in land. In Birmingham, Ala, the
land spectators have checked the industrial
interests and thrown them back for years. Here
is the way one of the victims talks:
"If the spectators in real estate the men
who boom the prices of lots up until working
men are compelled to pay almost if not quite
as much rent in new towns with few or no con-
veniences as they do in Eastern cities where
they get something for their money-it the land
spectators were shot or drowned, the towns in
which new factories and mills, like Birming-
ham-and there are many towns in which new
enterprises are struggling-would undoubtedly