The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1893-08-03
GENERAL NEWS.

The western rail roads have reduced
round trip.
Five men were killed by the explosion
OF threshing machine boiler at Utica,
Ohio, on Monday last.
Bank cashiers and presidents are being
arrested everywhere throughout the
United States. Courts will have busy
times during the next few terms.
The national government will punish
the officers of the Indianapolis National
Bank, which was grossly mismanaged.
1t seems that national bank examiners
are considerable of humbug.
A man named Smith shot and killed
his wife at Rhinelander on Sunday last.
He then put bullet through his own
brain. The man and wife had lived apart
for some time owing to his jealousy.
On Monday last the New York Savings
Banks experienced run. They requir-
ed the time limit, but deposltors got into
line to give notice that when the time
was up they would demand their money.
The Indians are not affected by the
hard times A gang of 500 of them who
were engaged in picking blue-berries
have gone on drunk, Dancing plat
forms have been built and the bucks are
having high old time.
1t is estimated that there are $4,000
miners unemployed in Colorado. They
are tlocking to Chicago and are coming
In on freight trains. West Superior is
being invaded by hundreds of miners
from the Gogebic and Menomlnee ranges
All dangers of war between France and
Siam have been averted by the latter's
yielding every demand made by France.
Siam INDUCED the hope that some of the
other European powers would come to
her assistance in resisting the demands
OF France. Having failed in this it con-
cluded to yield Internationally.
New York Savings Banks have taken
step which they think will aid in prevent
ing, to certain extent increased strin-
gency. That is that the trustees of the
banks demand notice of withdrawal by
depositors. They claim that the money
withdrawn is being boarded and thus
drawn out of circulation and it is difficult
for this reason to dispose Of securities.
The First National Bank of Ashland
suspended on Monday. The reason as
signed is withdrawal OF money by deposit
tors. The Akron Savings Bank Of Ohio,
the n. NJ. Crane Bank of N. Y, the
Springfield Savings Bank of Missouri,
the First National of Portland, Oregon,
the First National Bank of Dalles, Ore |
gon, and the Pendleton Savings Bank of |
the same state suspended on the same |
day.
A right lively time prevailed at a seq
sion of the English House of Commons
one day last week. Chamberlain a de. |
serter from the ranks of the Liberals. be- |
came SO abusive while delivering a speech
that free fight was precipitated. Eyes
were gouged, hair was pulled and eyes
were blackened, Gladstone looked on
the unseemly row with an unmistakeable
expression of displeasure.
Wages are being reduced now to inset
the depression in business. The Nil. &
st. Paul road has cut the wages of it's
clerks 10 per cent. At Terre Haute Ind.
Pittsburg, Penn. and Columbus, Ohio
the laborers have accepted the reduction,
1t being understood that it should last
during the period of stagnation. At other
points the men refuse to accept reduced
wages and the factories are shutting
down.
Tuesday was terrible day on the Chi
cago Board of Trade 1t is described as
the widest ever witnessed IN that city.
At the close of the day many fortunes
were wiped out. The crashes came from
the drop in the price of pork, which went
down from SlS.75 per Dbl. to 5000. It
was fearful fail and ruined many. The
wealthlest man ruined by the fall in
prices was John Cudahy whose wealth
vas estimated at S1S,0OO.OOO. He was
bold speculator and had heavy interest
n number of large packing houses. u