Evening star. [volume] (Washington, D.C.) 1854-1972, 1890-12-31


treasury. took his own life
On December "a Frank K. Ward was found
not guilty OF the murder OF Maurice Adler In
Washington.
FINANCIAL HvENrs.
In financial way the year has had il excite
ments. London and New York have suffered
from nurrys and several prominent business
houses have gone under. Secretary Window
In this country by judicious buying Of bonds
| averted serious difficulty, and the crisis. II
crisis there has been, was among rich men and
did not spread to the masses.
The Sixth National Bank Of New York was
closed by the examiner January so and March
10 was marked by the failure at the big firm Of
John f. Plummer 4 Co. of New York.
The oath of March saw the Wholesale house
Of Ross Campbell 4 Co., New York, fail for
s125,o0o In September Potter, Lowell L Co.
made gigantic failure, their liabilities being
nearly S5.0O0.000.
Also in September the financial embarrass-
ment became SO great in the country that Sec
rotary Window made an attempt to relieve the
stringency by purchasing $40 600 900 of the 4
per cent government bonds. This purchase
relieved the market to a great extent. In No
vember there was excitement in the markets of
both London and New York. In London
panic was only averted by the Bank Of England
and the Rothschilds guaranteeing $4,000. coo
for Barring Bros, who were in a crippled condi-
ton. The crisis in London had its effect in
this country, and during November many fail
ures were recorded. On the 18th of November
B. X. Jamison Il Co. of Philadelphia failed for
q large amount. In December Delamater Il Co.,
in Meadville, Pa, failed for half a million.
In the same month Al Daggett, the postal card
contractor, was declared bankrupt
RAILRoADrNa INTERESTS.
Probably the most important event in con-
nection with railroads during the past year has
been further talk Of q railroad which would
run from north to south the entire length of
the western continent. On the 26th of Febru-
are the Pan-American congress passed reso-
luton calling in most decided terms for a rail-
road which should connect all the nations rep
resented at the conference, and now we have
meeting in Washington an intercontinental rail-
way commission which has as its end such q
railroad
During January the Pittsburg, McKeesport
and Belle Vernon railroad was sold to the Pitts
burg and Lake Erie Company for 81. 400. 600.
January 30 Austin Corbin was reelected presi-
dent of the Reading railroad. In February the
Scioto Valley road was sold to the Huntington
int. st. The Chicago, Burlington and Quincy
Company purchased the Chicago, Burlington
and Northern road in March. In April C. P.
Huntington was chosen president of the South
ern Pacific and in June A. A. McLoud was
elected president of the Philadelphia and Read
ing. Jay Gould obtained control of the North
western railroad system in July. During August
the Chicago and Atlantic railroad was sold for
S., 600, 900 to the Erie road. In November
Charles Francis Adams resigned the presidency
of the Union Pacific and Sidney Dillon was
elected his successor. In November, ALSO the
Baltimore and Ohio railroad obtained practical
control Of the Chesapeake and Ohio canal.
IN THE WORLD OF SPORT.
During the past year athletes and athletics
have been more than ever prominent feature.
In base ball the National League and the, Play
ers' League have been cutting each others
throat, but the National League has succeeded
in doing the deepest cutting and the Brother
hood of Players is practically thing Of the
past. 1t has been estimated that in the past
year more than half million dollars has been
lost in base ball in this country.
In March Oxford won the big English boat
race, and in May Petit, the American, won the
worlds championship in tennis from Saunders
in Dublin. On the 5th of June the English
derby was run and Sainform proved the win
ner. On the 18th Of the same month Salvador
won the big suburban race in this country,
and on the following day the Cornell crew de-
feated Bowdoin College in the two-mile boat
race June also saw 'Uncle Bob" win the
American derby and Salvador run mile and
quarter in 2.05 breaking the record for that
distance. Yale in this month won the eight
oared boat race from Harvard. In the spring
racing Potomac" Belmont's crack horse. car
ried off the big futurity stake.
In July the American rife team visited Ber-
lin and carried of q number of prizes at the
international meeting. In the following month
Davis Dalton, an American, swan across the
English channel on his back in 231x hours.
August % saw Salvador run mile at Monmouth
Park in 1857, breaking all previous records.
In the same month Roy Wilkes broke the trot-
ting mile record. going the distance in 2.0SL
During September C. j. Hamlin drove his pair
of mares, Belle Hamlin and Justina, mile in
2.1512, which was less than the worlds team
record. On the 2lst of the same month the
Maine stallion, Nelson lowered the stallion
mile record to 2.11L. and in October Belle
Hamlin and Justina overtopped their previous
record. trotting q mile in 81;
On October II the Amateur Athletic Union
held its annual meeting on Analostan Island
in Washington, DC, as the guests of the Co
lumbia Athletic Club, and many good records
were made. Owens of the Detroit Athletic
Club broke the lO0-yard record, running that
distance in As seconds On October "a the
stallion Nelson lowered the half-mile record to
LOG and on the same day Belle Hanlin and
Justna trotted mile in the marvellous time of
2.1314. In September the District of Columbia
National Guard rifle team won the Hilton tro-
ply at Creedmoor. In foot ball during the
year Yale defeated Princeton and Harvard per-
formed like kindness for Yale