davidaulloa/AmericanStories huggingface dataset:
, 1890-11-13
CLOSED ITS DOORS
The North River Bank Tenn
porarily Suspends.
NO STATEMENT MADE PUBLIC
The Rumors of Its Clearinghouse
Standing Caused Disas-
trous run"

NEW York, Nov. i2-Notwithstand
ing tho announcement early in tho day
that the North River bank would tide
over its losses of yesterday and made
satisfactory arrangement with the clear.
ing house, that institution closed its
doors at 2;lb p. NJ. and posted the fol-
lowing notice; This bank Is suspended
temporarily" All efforts TO gain further
information from the officers were futile.
The doors are locked. a number of de-
positors are congregated in front, much
exercised over the sudden SUSPENSION.
The bank examiner has taken charge OF
the bank.
The North River bank is member of
the clearing house and operates under
the state charter granted in 1912. 1t ap-
piled again yesterday to the clearing
house for n loan, and the committee was
on the way 10 examine into the condi-
ton of the institution when it was
learned that it was in the hands of the
bank receiver, who is to- night overhaul
Ing its accounts. 1t is stat ed the bank
officials expect to open up for business
tomorrow. The cause Oh the present
difficulty is simply tight money. On
account OF the mentlon OF the Nortn
RlYer bank as one of the delaulturs at
the clearing house. yesterday the depOs-
itors started Il quiet but steady run on
1t this morning, The bank stood out
unth 2:3O, when its ready money was
exhausted ana 1t had to close It's doors.
1t did an average business oi 81, UU0, 200.
The bank examiner said. late tonight
that they had not concluded the eX-
animation of the books, and could
make no statement.
, 1890-11-13
PREPARED A ooNFLAoKArIoN.
A waila waiIa Citizen spoils a Well
Prepared Ere.

WALLA WALLA, Nov. 12.-At a late
hour last night when going home, G. T.
Thompson noticed light flashing
through the wide cracks In an old
Chinese house on Alder street, where
the dead Chinaman was found n few
days ago. He entered the building
through the front door, which was un-
locked. lie discovered the house un-
occupied, but on table in the back
room was quantity of old paper and
trnsh piled, In the center of which was
placed a short lighted crndle which had
nearly burned its length, and In few
moments more would have ignited
paper and thence communicated to the
large quantity of combustible materi-
ais scattered around the table.
Everything pointed TO the fact that
some one had endeavored TO burn the
building, possibly calculating that the
old shacks which disgrace Alder street
and the alley in the rear would have
been destroyed.
Mr.. Thompson extinguished the
blaze. This morning in company with
reporter he revisited the shanty and
found that everything of valuable
nature, such as stoves, old bedding
tinware and tables had been removed,
probably by Cinnamon. Atthe time he
discovered the burning candle last
evening nothing had been touched, with
the exception OF old trash.
, 1890-11-13
MORE CONFIDENT TONE
Prices Show an Upward
Tendency.
YILLARDS SHOW MORE STRENGTH
Money q Trife Easier and Strong
Parties Operating on the
Bull Side.

NEW YoRK. Nov. 12.-The stock mar
kct to-day showed materially better
feeling, both in the street and outside,
and there was the most gratifying CONT
doncc displayed that not only was the
worst now over, but that the improve
ment would DO quick and sharp. The
action of the clearing. house committee
in coming to the relief of the banks in
the difficulty was the means of restoring
the confidence of many, while the inn
provcment in the situation abroad was
also powerful factor to that end. Not
only were active stocks much higher all
day long. but inactive specialties, which
yesterday could find buyers at any
price. to-day were taken at con-
stantiy advancing figures, and
the heavy slump in those
shares was in n great measure made up.
Liquidation in Villarus Is now believed
to have marked the culmination of the
efforts to force complete liquidation in
the street, as those stocks had resisted q
force applied for much longer time
than any other group of stocks on the
list. The impression Is that now the
whole situation has been changed for
the better and the improved condition OF
affairs will be followed by higher prices
all along the line. There are to bo cx-
pected considerable selling of Northern
Pacific securities and some others to liq-
uidate loans, as was witnessed to-day
but the market now shows no pressure
ofstocks and offerings. The past few
days have, undoubtedly, been taken ad-
vantage ofb6 strong parties. The un-
favorable factors to-day were the con-
tinued sales under the rule, both for the
account of the suspended firm of
Decker, Howell & Co., and for tho nc
counts Of two other brokers whose sus-
pension was announced during the day.
There were still rumors of further
troubles in financial circles, and the
North River bank went into the hands
Of an examiner late in the day, though
the facts were not made known until
after the close of business.
Foreigners were heavy buyers all day
long, and transactions for foreign ac-
count We're so large that suspicion
that the late sales for London were for
short account was openly expressed.
Loaning rates for stock have been very
high, and inquiry has been very urgent,
which would go to give color TO
tho suspicion. The report that Gould
bad acquired control of the Union Pa.
ciiic again was used for all 1t was
worth, but the stock showed no response
to the story. North American sold
heavily, and although taken freely,
failed 10 advance the remainder OF the list
and was specially sluggish IN compari-
son with Northern Pacific. Transac-
tons in IL. however were ON an enor-
nous scale, and aggregated about one
quarter of the total business done in all
securities. The general list was very
feverish, as was to be expected under
the circumstances, but there was almost
continuous advance in prices from the
opening to the close.
, 1890-11-13
NATIONAL LEAGUE.
Players League Regarded as u Thing
OF tho Past.

New YoRK, Nov. l2.-The annual
meeting of the National base ball league
convened to-day. Delegates were pres.
ent from New York, Brooklyn, Pitts.
burg, Cleveland, Chicago, Philadelphia,
Boston, Washington and Indianapolis.
From talk with the league manage.
ment IL Is the impression that the Play
ers' league Is virtually dissolved. While
the players have appointed committees
with the idea Of continuing another sea-
son, with consolidated clubs OF the
Players league and National league in
this city, Brooklyn and Pittsburg GER
tain, and Buffalo out of the Play ers'
circuit, ii Is unlikely the financial men
behind the Players league will attempt
to go on with the clubs. only in Cleye-
land, Philadelphia Boston and CInCin-
natl.
President Young was reelected. The
board then formally awarded the cham
pionship to Brooklyn. Subsequently
the committee on playing rules met. al
tered sections l, and 3, article IS, and
section t. article As, the three former
sections give the club the privilege OF
having one or all its surplus men ON the
players bench in uniform and allow the
substitution of any or all of them Mt any
time during the game. The change in
rule As does not call tor tho retire
ment of player in Running from
nome plate to first if ho goes out
side of the three foot line while the ball
is being tieided TO first base as hereto
fore. At 1880 the regular league meet
ing was called to order.
NEW YORK, Nov. l2-The annual
meeting OF the nato baseball league
was held to-day. Routine business was
transacted and President Young re-
elected. The magnntes decided TO have
another session tomorrow in order to
give the players league committee, ap.
pointed yesterday, time to get here.
A prominent league delegate said, how
ever, the national magnates would not
confer with the players if Ward was a
member Of the committee. Nearly all
the magnates in interviews expires sed
the opinion that the players league is
practically a thing of the past
, 1890-11-13
ARMY SMALL ARMS.
Geue al Benot Advocates a Magaz Ia o
system.

WASHINGTON, Nov. 12.-The annual
report of General Benet, chief of the bu-
reau of ordnance, shows the bureau ex-
pended. during the last fiscal year,
81, 2S9. go, leaving u credit in the treas
ury of s2,994, 4S4. On the subject OF
smokeless powder General Benet says
though some astonishing results have
been obtained in experiments abroad, 1t
can not yet be said with certainty that
these new explosives will eventually SUI
persede present powders. The perform
ances of Maxim (American) and Wet
terson (Belglan) powders are fairly COM
parable with those claimed to be OBJ
tained abroad, and it is hoped one Of
these can be developed in time to thor
oughly satisfy small arms powder
With reference TO the procurement of
modern small bored rifles for the army,
General Benet says the lack of a sutii-
cient quantity of suitable smokeless
powder delays the periecting of the
30-caibre barrel, but II will be omplete
by the time suitable magazine mechan-
ism Is selected. 1t seems peculiarly
necessary, now that the change in cal
ibre is plated, that the present
Springfield single-loading system should
be replaced if possible by an equally
efficient magazine system. A board
should be convened to select suitable
magazine mechanism, after full and
free competition among all the best ex-
lSting systems,
, 1890-11-13
GROWING FIRMER.
Improved Tone and Rising Prices as
the Day Advances.


NEW YoRK, Nov. I2.--Members Of the
brokerage firm of G. NJ. Whitney 4 Co.,
which assigned yesterday, filed separate
assignments this morning.
Wall street early business was urgent,
resulting in a further gain of n TO /, in
which Western Union, Burlington,
Union Pacific, and some specialties were
conspicuous. Wizards, and especially
Northern Pacific, were conspicuously
active and strong, common rising ~
preferred ., touching 2oH and so, re-
spcctively, the general list, however,
soon yielding to the pressure and infu.
cnce Of further sales under the rule o,
Northern Pacific, North American, st.
Paul, and few others for the account
Of Decker, Howell 4 Co.
The downward movement was more
pronounced toward the close of the
hour and Burlington dropped 3, North
western Ia while Wizards lost all the
advantage and North American retired
i. Fluctuations among specialties and
low-prieed stocks were extremely wide
and irregular. while the entire market
was feyerish in the extreme throughout.
An hour later Wizards again showed
strength and the list followed. The mar.
ket ut IL A. Nj. was very active and firm
TO strong but generally at something
under first prices, though better than
those Of last night.
1l;25-.Villards continue strong now
, 1890-11-13
DlpN'r sroP THE BANQUET.
SCENES AT PLyNOUTH.
Sobbing wives and Daughters Of the
Lest scnmen.

LoHpoN, Nov. l2.--The duke of EdIn.
burgh was attending tho Patti concert at
Plymouth when the news of the disaster
reached town. lie was immediately In.
formed and ut once left tho concert hall.
After reading all dispatches that had
been received concerning the disaster he
went directly home without returning to
the concert hall. lie expressed the ut.
most sorrow.
Newspaper offices at Plymouth were
besieged by crowds of people anxious to
hear further news OF the disaster
Among these were tho sob bing wiys, and
daughters of many of the lost scampn.
The Serpent was built after the deai
of Admiral Cooper Key, who insisted
upon an immense horse power, which,
according to previous nations, was oui
of all proportion to her displacement.
She could maintain Il speed of seventeen
knots an hour. Lord Brassey, IN the
Naval Annual, adversely criticised tht
vessel. lie said the economy of weigh,
had been carried TO excess In her con-
struction, that the plating was too thin,
and the armament oycrdone. In sea her
heavy top weight would unduly strain
the hull. The vessel was 225 feet long,
while she had n draught of only four
teen and one half feet.
Relatives of the crew Of the Sopent at
Plymouth and the doCkyard people are
full of gossip about the lost cruiser. I.
is claimed she was unseaworlhy and
Oroke down. Tho Serpent has bad
record. She broke down more than
once IN the manouYers of 1883, Several
admirals have condemned vessels Of her
class.
lloyd's agent at Corunna telegrnphs:
IL appears the Serpent WAS running for
shelter in one OF the bays north OF
Flnisterrc. IL she foundered nobody
will be surprised but the admiralty,
and II she goundod on the reefs she
could not stand minutes battering in
n heavy sea"
, 1890-11-13
WRECKS OF THE PINCH.
Assets OF the Collapsed Firms Be.
loved TO lie Annie.

1t Is stated Tonight that Walcotts
liabilities will not amount probably to
more than $1,000, and the assets are
ample. The firm is an old one. The
failure is due to the failure of the clients
to respond to calls for margins, and to
the oil tficulty OF obtaining money from
banks.
The assignee Of c. NJ. Whitney Il Co,
said this evening the tirrn owes about
S3,OO0,OO0 on loans, the securities on
which were deemed sufficient when the
loans were made. A considerable sum
in cash is to come in within q few days
and Will go Tar toward Strengthening out
matters. The question OF whether the
firm will be able 20 resume depends upon
the state of the market the next few
days, and the value OF securities pledged.
The assignee OF II. Howell a Go. has
large force of clerks making up u state
ment of the firms condition, but its
daily transactions were so numerous 1t
Will take some time to arrive at an
understanding OF assets and liabilities.
They have good collateral, particularly
Willard stocks. If creditors use good
Judgment and do not act hastily they
will not only be paid in full but viii
leave II good surplus tor the estate.
, 1890-11-13
OPENING ON CHANGE.



WALL STREET. Nov. 12.-When the
gong sounded for the opening of busi-
ness this morning on the stock exchange
there was a yell and a rush. Pande-
monium reigned. The galleries were
crowded to the utmost capacity by q
class that only visits the street in times
OF great excitement. Richly attired
ladies pushed forward for sight of the
surrogating brokers, and the most casual
observer would have seen it was time
of unwonted excitement. The market
opened stronger than might have been
expected and was evidently u hopeful
view of the situation, despite the fact OF
early London advices not being very
favorable.
Trading so far has simply been enor-
nous. especially in Wizards and st.
Paul. Several thousand shares have
been sold under the rule, completing the
sales begun yesterday. These are all in
Wizards and st. Paul. believed to be for
the account of Decker, Howell & Co.
The general market declined slightly
from the opening with 2-per cent. dr. op
in Burlington. Wizards, however are
strong. IL looks now as if conditions
were favorable to q decided improve
ment.
The clearinghouse subcommittee ap-
pointed to issue certificates to aid banks
met and issued certificates TO such an
extent as required of them. However,
there will be no public announcement as
To- what banks are in trouble. In view
of the fact that London is regarded as
the main factor OF the situation, it may
be important to know that bullion is be.
being shipped from financial centers TO
that point. Half million silver bars
10 forward to-day on the steamship
Saalc. Gable advices state that Russia
sent 1000, 600 francs of gold and will send
. COO 600 additional
, 1890-11-13
IN PORTLAND.
Rumor of Gouids Control Generally
DisCredited,

PORTLAND, Or, Nov, l2.-Neither Man.
ager Mcneil or Vice preslden, Thomp-
son have any information regarding the
story that Jay Gould has secured con-
troll OF the Union Pacific. The former
says he would not be surprised ii it is
true. a prominent lawyer who repre-
sents men antagonisuc to President
Adams, received u telegram from New
York to-day saying it was quite likely
that the Adams party had been over
thrown. It's generally understood in
Portland that Frederick l.. Ames and
friends control majority of the stock
OF the Union Pacific, and rs they have
been closely allied with tho Adams
party in the past, little stock is taken in
tho Story. - "
, 1890-11-13
ABDUCTED THE GIRL
Two Enamored Colored Cen
tlemen and One Lady.
A REY0L YER WINS THE CASE
Lady's Man Davis Gives Up His
Sweetheart to the Man
With Gun.

WALLA WALLA. Nov. i2,-1he colored
population of Walla Walla was thrown
into quite an excitement last night.
The cause of the trouble was as follows
Frank Davis (colored) employed on the
Sunday Spectator for several weeks
past, has been keeping company with Il
young colored girl named Mary Morse,
who has been living with, the family OF
Mrs. Hnzelwood two miles east OF the
city. Her affection had been so far en-.
gagged that "a promise OF marriage had
been obtained from her by Frank, and
the ceremony was TO take place in the
near future, consent having been given
by the girls mother, who lives in the
East.
Three weeks ago there arrived from
the East tall colored gentleman, about
~ years OF age who immediately be-
came enamored of Mary, consequently
becoming jealous of Frank, whom he
warned to desist from further visiting
the girl. Last evening young Davis
hired team and buggy and proceeded
to the Hazelwood residence. lie was
clandestinely met by Mary, and both
proceeded TO enjoy ride.
tIt vi
Davis mother, Mrs. Stroupe, in this
city, when just as the lover was about to
assist his sweetheart into the house, the
tall form Of his rival appeared IN another
buggy and demanded that he surrender
the gir.. The demand was enforced by
the flash Of "A revolver. a lively scene
then ensued. Young Davis objected,
and in the struggle his shirt was torn.
Mrs. Stroupe was abused by the would
be abductor, who threatened to blow out
her brains unless she kept quiet. He
| finally succeeded in soaring the girl, by
threats and presenting the revolver to
her head, into going with him. Since
that time he has not been heard from.
Davis immediately proceeded to Judge
Lamberts Office and made out COM
plaint against his rival on % charge of
assault with deadly weapon. The
warrant was placed in the hads of Sher-
Ill Mcfarland, but he has not yet been
apprehended. Young Davis is quite II
lady's man, having gained the affections
OF one or two young white ladies in the
city, some tiino past.
, 1890-11-13
ALTA RAILWAY COMPANY.
Article OF incorporation Filed for
the Now Coal Road,

TACOMA, Nov. 12.-John s. Anderson
and John II. McGraw, of Seattle, and
Edward Skies, of San Francisco, are the
incorporators OF very important com
pary, whose articles of incorporation
were filed to-day. Tho Alta Railway
Company has capital stock of 800, coo.
and its object is tho construction and
operation OF railroad or tramroad from
the mine, the Alta Coal Company, In
sections 35 and 80, township % north,
range east, to such point or points as
the company may determine. The COM
pany also claims the right to purchase
and develop coal lands, enter and lay
outa townsite, establish merchandise
business and do any and all other busi-
ness compatible and connected with the
business Of coal mining. The principal
place OF business OF the company is
named us Tacoma.
, 1890-11-13
PLAYERS LEAGUE.
Committee Appointed to Wait on tho
National League.

PITTsBuRo, Nov. 12.--At the session of
the players league to-day President
McAlpin formally presented the Tesig
nation of the New YORK club. An
opinion from Judge Bacon. OF New
York, was read to the effect that at the
time of the agreement entered into be-
tween New York players and the lcngue
club of the same city, 1t was understood
the two leagues were to consolidate As
this has not yet taken place, the agr ee-
ment would not stand.
No action was taken on the reslgna-
ton.
A committee consisting of Ward,
Prince and johnson were appointed to
attend the league meeting In session in
New York, for the purpose Of placing
the matter of consolidation. before them.
The committee leaves tonight for New
York. The players club of this city
was represented at to-dny's eeting,
and the matter of Pittsburg's resignn-
ton laid on the table. Adjourned, sub.
ject to tho call of the president.
, 1890-11-13
DEsPONDENT LAWYER.
Whisky Failing Him. Morphine Ends
His Life,

0AKspALE, Nov. IA. II. Lister, ar
attorney At law of this place, committed
suicide to-day by taking morphine. He
was found att Z. NJ. by Frank ogilvie
and DIR. Smith was summoned, but it Is
supposed hc died this morning. Ho was
last seen by Ogilvie at this morning.
Lister had been drinking heavily for sew
eral days. He lett note, as near as
could be understood. ns follows
Whisky won't kill me, 1 will try NOR
phine Good bye. Love TO all. So.
oicty, see what you are responsible for"
cept despOudency.
, 1890-11-13
Nashville Races

NASHVILLE, Nov. 1.-Two olds,
nine sixteenths Of a mile-Onlight won,
Laura Do1ey second, Katuna third
time, 591E.
Three -year-olds and upwards, fifteen
siYteenths-Lit,le Crete won. Stalbons
Labrador third time, ;40sl.
Three-year-olds and upward, five
furlongs-Mark =. won, Billy Parker
second, Burt third time, l;o7M.
Three-ye -year-olds and upward, six fur
iongs-Lady Blackburn won, Miss Mary
second, Frank Shaw third; time, l:lsA.
Three-y ear-old and upward. eleven
sixteenths of mile-Eyent won,
Laraneboure second Red Fox third I;
time, :13ls.
, 1890-11-13
THE PRUSSIAN DIET
A Pacific Speech From the
Throne.
PLANS OF DIRECT TAXATION
Regulations Affecting Working
neutrality-suspicious. of Trade
Inspection Necessary.

BERLIN, Nov. 12.-The emperor opened
the diet OF Prussia to-day. In the speech
from the throne he said that in view OF
the friendly relations with all foreign
states, which had been further strength
cned this year, the country could look
forward with confidence to the preserva-
ton of peace. The speech also an.
nounced that bills would be introduced
Tor reforms in taxation and the organi-
cation of provincial councils.
The speech deals almost exclusively
with home affairs and emphasizes the me-
cessity for improving direct taxation. An
income tax bill will be submitted to the
diet intended to effect an equitable dis
tribution of taxation by compelling all
persons to make declaration of their
income. IL is otherwise intended to Or
ganize a system of assessment taxation.
1t is calculated that by the extension of
the legacy duty, combined with the re-
peal of the duty on small bequests,
funded property may be brought more
within reach OF taxation.
The condition of finances, the speech
declares, does not demand any imme-
diate augmeDting of the revenue, while
on the other hand, it will not permit any
reduction in the receipts, the increased
revenue from direct taxes will be devoted
to tightening the burdens upon COM
munes, land and building taxes being
handed over to communal authorities
Elementary education will be made
wholly free. The speech says the deyel
opment OF regulations affecting work
ingmen demands the attention and in
crease in Ihe number of supervisors, and
reorganization OF the system OF trade in
spection is necessary. The speech was
frequently interrupted by applause. The
EN- mperor's pacific declarations regarding
Prussia $ foreign relations were especially
approved
, 1890-11-13
Steward Fox A,rested,

SEATTLE, Nov. l2,-Arthur Fox, chiei
steward of the steamer Olympian, was
arrested this afternoon on the arrival OF
the steamer from Victoria, on charge
OF completely in smuggling opium, and
gave 500 bail ior IA hearing before Com.
missioner Emory Tomorrow. The
charge grows out OF the seizure made on
the Olympian at Port Townsend n week
ago, Other arrests are likely to be
made
, 1890-11-13

MARsErLLEs, Nov. 12.--Baron Wissman,
who left for Zanzibar Tonight, declared
that he does not intend to renew hostili-
ties with the natives, but to organize the
country and establish u civilized form of
government.
ST. PETERSBURG. Nov. 12-Reports
from provinces indicate that the ToIstoi
government reforms have proved a
fa
, 1890-11-13
Copper Trust Statement

PARIS, Nov, 12.-Matin says the report
OF the liquidator OF the Societe dies
Metaux shows that despite the rise 10
the price of copper tho shareholders viii
receive nothing, Debonture holders and
other creditors will receive only "a per
cent. Tho final liabilities ot the COM
pany are estimated at ITO 600 900 francs;
assets, 80, 600 200 francs.