Arizona weekly citizen. [volume] (Tucson, Ariz) 1880-1901, 1893-07-01


financial trouble than to fundamental
weakness in its m engagement. The furry
seems to have passed and no ankle y is
felt that other banks Will suceum0.
Bankers say they have ample funds to
meet all demands.
DFBEQUE, Colo, June 26.-Reports
have just reached here that last night
another raid Was made by the cattlemen
upon the Mormon herd CT sheep now
being held In Bull basin, in which sew
eral hundred head of sheep were killed
by bombs. A few days ago the Mormon
sheep owners pretended TO be making
preparations for driving out, and in con-
sequence the Gait emen suspended hos
tiii:ies. Instead of driving out. how
ever, the sheep men began making
preparations for a permanent Occupa-
tion of the land, and lost no time in
streng th ening their defenses. The,
with the report which seams To be gen
orally accepted as true, that another
immense herd, consisting of some
twenty thousand sheep, is now on the
way from Ut n, and within few days
drive of the Plateau valley, vera no
doubt the cause of last nights raid.
Further trouble is anticipated.
CHICAGO, June 27.-The cowboy race,
from Chadro1, Nebraska, to the en-
trance to Buffalo Bills wild west show
il ended.
The first man in is John Berry, riding
under protest from other contestants.
He arrived at 8 80 this morning sstride
his wiry broncho stallion, "P.rson."
He left Freeport, Illinois, at $50 last
night. SO he mode the last hundred and
fifty miles in twenty-fOur hours. Both
horse and man are mud-spsttered. but
the rider. Berry is ABOUT done up and
could scarcely respond to coDgratula-
tons by Buffalo b II on his success. He
was given the hest of care and will
doubtless be all right after sleep and
rest.
Los ANGELES, June 81. The Broad
way bank opened It's doors this morL-
ing. The First National AID Southern
California are the nly.banksnow closed.
A feeling of confidence has been re-
gained.
SAN FRANCIsCo, June 27.-The Saw
ings and Loen bank opened for business
tois morning after Del x closed one day.
The bank is perfectly sound. The
financial outlook all serene
MtNNEAPoLIs, Mimi, June 26.-The
bank of New England has suspended
payment, at least temporarily. Since
the failure of the state bank Thursday
been steady Withdrawal of deposits. A.
j. BE hen, president, says he had coz
siderable money tied up In tie Chicago
failure. He says depositors viii be paid
in full.
SAN FRANCISCO, June 27.-The firm OF
5. and @. Gump, extensive dealers in
art goods, made an assignment today.
Liabilities are placed at $4,000. The
ASSETS of the nrm are supposed to ex-
coed this amount. The cause of the
/, Il ure is attributed 10 calling in of
loans.
SAN Francisco, June o. Correspon
dence of Associated Press from Honolulu
via 81 amer China.) As each success
sive steamer from San Francisco ar
rives bringing no news that Hawaiian
affairs have been settled by the United
States disappointment of both part ,es
becomes keener.
The long strain is beginning TO tel
on business and society. Spreckes is
still on the warpata against the proyi-
sional government. The annexstionis; s
are making great capital out OF evidence
of the ex-queen's weakness and selfish
ness as tie result of distribution of
copies OF he powers of attorney which
are being distributed among. natives.
1t is claimed they are hockipg to the
annexation standard. Minister Blount,
who has been on a visit to Maui, re-
turned June IL. He expressed himself
as being much disappointed 8t his sue
cess. He has been anxious II leave the
islands. He SAYS his mission is com
pleted. Ii is supposed here that his
rep, rt has not yet been forwarded 10
Washington.
The provisional government have
further fortified their headquarters with
sand-bag barricade. 10 accordance
with the American custom here, BIount
has issued a notice of Meeting to make
arrangements for celebration of the 4th
of July, which will be largely attended.
SIMLA, India, June 27.-Explainmg as
to the Indian council bill providing for
tie stoppage of free coinage OF silver,
the adoption of which was announced
yesterday, Marquis Lansdoune, viceroy
of India, sid he hoped the government
would not be criticised for disposing of
the important question at single sit
ting.
The keynote of the scheme was rather |
to prevent further fall in exchange !
than to raise The value of the rupee. |
The fixing Of provisional rate of ex-
change at Is. i'd, provided automatic |
means for preventing the closing of the |
mints and vioient disturbing of ex-
change rates.
The rate of exchange has been fixed |
high enough to relieve the government
Of its worst pressing necessities. While |
It was well within the limits Of recent |
fluctuations there should be no mistake,
the viceroy said, about the facts. Il is
not proposed II substitute gold for sill
YER currency. No attempt will be made
1t present 10 fix legal-tender price for
gold, and while the ratio of value was
mentioned it was only provisional.
In conclusion the viceroy expressed
he governments sense of gravity of
he step it was about to take. Person
lily he was averse 10 ell attempts TO give
money commodities fictiti ius value.
,ut the time had arrived when to re-
main inactive was impossible. 1hs gov
rnment would be- unworthy of the
lama if it left things alone. It had not
aiken tire mOpentous step with hight
earts. He hoped it's action would be
fruitful in good results, that a sufficient
eserve OF gold could be accumulated
o make an effective gold standard pos
lbe.
ALBUQU ERQUe, \. NJ, June 27.-News
eceIvei at noon today states that the
GAL mining town Of Gallup is on ire, {
nd IS there is no water works nor ire T
Ompany IL IS al the mercy of the