davidaulloa/AmericanStories huggingface dataset:
The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1893-02-07
RATIONAL
,oan & Saving Unior
HELENA, MONTANA.

building AMI Loan Stock-SRfest Invest
mcnt. Most saved at Least Cost.
Glass A. 10 per share IN ,uthly.
b 100 per share monthly.
l co and upwards, Z par cont interest
Certitic tea, interest s per cent, payable quartorl
Irepa Il /. and L.. stock participates III earnings
For to provident the above offer the best nnC
safest OF al methods of saving. Apply 70
membership. or particulars and facts.
Office: Merc"ants Nat'i Bank Building.
JOHN Il. WILSON. President.
WM. T.. WHITAKER, Secretary.
T.. W. KNIGHT, Jr. trcasurer.
Depository and truste, of Securities- Firs
National Bank, Helena.
The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1893-02-07

THE .
erchants National
' BANK, OF HELENA.
PAID IN CAPITAL $35O,OOO.
L.. II. HERSHFIELD. ..... President
A.. j. DAVIDSON. ......... Vice President
AARON HERsHFIELD. Cashier
Interest allowed on deposits made for a speci-
fed time.
Transfers of money mado by telegraph.
Exchange sold on the principal cities of the
United States and Europe.
Esxes for rent at reasonable rates in our fire
and burglar proof safe deposit vaults.
The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1893-02-07
The Thomas Cruise

y SAVINGS BANK, OF HELENA.
Incorporated Under the Laws Of,
Montana.
PAID IN CAPITAL, 100000.
THOMAS PreslienI
MM.J; C0oKEa Asst Trea'. and SSecrel.r;
Trustees:
Thomas Cruise, Frank II, Cruse,
Wm. j. Cook. Wm.J j. Sweeney.
John Pagan.
Allows4 per cent in'eros. on Savings Deposits,
SOM oundnd January and July.
Transacts n general banking business. Draw,
exchange on the principal C tiOs of tho United.
States and Europe.
Deals in county and city bonds, and mako,
loans on real estate mortgages.
Office hours from 10 .. m. to 1 p. m. Also OF,
Saturday and Monday evenings from Z to Il
o'clock.
The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1893-02-07
q interest in 377x456 # and imp-$34. "a.
Flower Garden, lot "a, bib 3-$o. rs.

q interest in 377x456 # and imp-$34. "a.
Flower Garden, lot "a, blk $-s..76.
h"ss s7$s14
- s6-$l.ss.
Bassett, lot II. blk 6-$7.G0.
Blake. lot 5, blk 'I"-$6.o5.
Broadwater, lots C. I, 8. blk 4s-s6.2s
rs, blk G9-$3.64.
9, II. blk 7O-$4.52.
rs. biz 71-$1.SS.
IA. II. blk 15-$4.17.
Broadwater. No 2, lot. s. 8, blk S-sa.s 81.
lots II. IL. IL, Is, blk 23-
$6.2s.
Broadvater, No 2, lots 1913. blk o.
81. sc.
b osdv.ter. No 2. lots 10. IA, 10. 1e, blk
Broadwaser. No 2. lots A. Sc. Z, 6. ., 10.
blk 24-$1O.24.
Tei,jen. Q 100 fl of W 400 It, being 1oox
100 on Fifth ave-$1l.56.
Cent al, part !os y, b!k 1o-s42s.
lot 7, blk 6-$7.GO.
lot S. blk G-$7.6o.
Haussr. lot 9, blk 35w$2B.
Valley View. lot A-S2.4l.
Depot lots !, 2. 3. 4, &, Z. SO 10, IA. blk 1
-SS.
Depot lots 1, 2. 3, A, Sc. 10. II, 10. blk 3
$3.50.
Depot lots 1, 6, 3. blk $3.50.
5. 6, Z, s. 8, 10. IL. u. 8, blk A.
Depot lots /, 2. 8. 4. sc. I, 8. 9, 10. blk
-$9.40.
Depot lots 1, 8. Q, II. IA. blk 6-s4.5O.
7,S. 8. 10, IL, II. blk 7-$5.2O {.
Z. 4, 5, 6, 8, 10, II, ~. Is, II. 10,
1G. blk S-$9.4O.
DECO. lois l, 2, as, 0, 7, 10, IL, 12. 10, IA,
Depot lots a, t, 6, 7,s. 8. 10. Il, IL. IA, blk
Depot lot. 1, 2, 8. Az. s. 9. 10, blk IL
$3.50.
Depot lots 8. 4, s, 81 s. 8. 10, blk 12-
$500.
Depot lots 3. a.. 5, 10, II. 10. IS, IA, blk 13-
$500.
Depot lots 1, 2, 9. A., E. 81. 8. 8. blk IA
1870.
Depot lots 3, T.. s. IL. 10. 10. IA, blk Is
S.. 80.
Dsrot lots {, 4, So. 7, 8, 9, 10. II, 70. 10.
blk 1G-SS.7 70.
DEPOT lot. 4. 6, 7. 8. 9. 10. II. 10, 10. II,
blk 1873. 70.
Depot lots 4. 6. Z, s.. .. blk 1s-S4.5O.
II, II, IL, II, blk 18-S3.80.
9. o, 10, II. II, IL, ID. blk 19--
$3.50.
Depot lots 4. +. 8. 10, IS. IA, blk ao-s5. 20.
1.2. &c, 9. 10. II, Il. 10. ia. Is.
I6, blk 2l-$94D.
The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1893-02-07
UNKNOWN OWNERS,

SI3.J4.
Helena Townsite-e l. IT lot IS. blk ga
$3.50.
Helena Townsite-e 70 # lot ID, blk 544-
$232.
Council-Lots l. Q. 3, 4. g.. blk 1882 {.
Counoil-Lots l, 2. ). 4, s. &, Z, 8. blk IA
S4.52.
Council-Lots 4. So. l. g., 8, blk 15-$3.64
4" 16, blk 2-$1.44.
=" II. blk 3-$1.44.
Connoil-Lots l. 9, 3, L.. 5. 6. Z. s, 9. 10. IL.
IL. 10, Ia, Is, 16, blk 5-$S,04.
Council-Lo.s l, =. 3. A. s. g.. Z. s, 8. 10, II.
II. 10. IA, Is. 1G, blk 11-$s.04.
Phoenix. lots 81. s. blk 5-$4.96.
rs. 8. 10, blk 6-$4.52.
" rs, 8. 10. II, IL. IL, IA. blk
Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1893-07-28
MINOR NOTES.

Miss Clara Edgerton of Mortified has
been elected teacher of art in the Maine
Wesleyan seminary.
Dun Il Co.'S weekly review of trade
says that there were 467 failures in the
United States last week, against 16S for
the corresponding week last year.
Acting Director of the Mint Preston
purchased l07, 800 ounces of silver Monday
at $0.696. This is the lowest price yet
paid for silver in the history of the govern
ment purchases.
The Swanton Courier asks if 100 granite
cutters wouldn't make Swanton hum, and
the Barre Leader, which evidently speaks
from experience, says that half dozen
would if they happened to feel just right.
Mrs. Potter Palmer has donated the
whole of her salary of $1,000, voted by
Congress for her work as president of the
lady managers of the Worlds Fair, to be
used in bringing as many poor children of
Chicago as possible to the fair.
Frank E. Parlin, formerly principal of
Brigham academy, Bakersfield, has been
appointed superintendent of schools for
the towns of Natick and Needham, Mass.
at a salary of S2OOO Mr.. Parlin married
daughter of Judge o. G. Start of Bakers
| field.
The steamthip Paris has won fresh
honors for herself and for the American
flag. On the voyage completed Friday she
crossed the Atlantic from Southampton
in 6 days 8 hours and 81 minutes. This
is an improvement of nearly two hours on
the best previous record-6 days IL hours
and "a minutes-which was made by the
Fuerst Bismarck.
Ex-President Harrison has ordered a
massive monument for the grave of his
wife in Crown Hill cemetery, indianapolis.
The beautiful memorial will comprise four
huge blocks of Barre granite. On the
third base line will be the name "Harri-
SON. in large raised letters. Columns with
tastefully carved capitals will be placed at
the four corners of the base.
The government appropriated 50, 900, 900
for the Worlds Fair with the stipulation
that there should be no Sunday opening.
The directors thought they saw a chance
to make more money, and opened the gates
for few Sundays, but the crowd didn't
come. Then it was determined to close
Sundays. Having violated the agreement
the directors have no right to the govern
men's S2,000,000, but their palms itch so
badly that they can't see it that way.
Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1893-07-28
Thr SitmntInnIn Siam.

The France-Siam cmbroglio may involve
other nations. Frances demands are
everywhere regarded as unjust, prompted
solely by the desire for power. France
holds protectorate over Anam or Cochin
China, a large country to the north of Siam.
The boundaries are indefinite and subject
to dispute The French are endeavorng
to extend them into the rich valley of the
Mekong river. The present dispute orgi-
mated in question of boundary. The ST.
amese routed the French and Anamese
soldiers in frontier village. This act was
resented by the French, who sent gunboats
to Bangkok, the capital of Siam, to demand
reparation and an adjustment of the bound
ary. The terms of frances demand are:
First, recognition of the rights of Anam
and Cambodia on the left or eastern bank
of the Mekong river; second, the evacua-
tion of the forts held there by the Siamese
within a month; third, full satisfaction for
various aggressions against French ships
and French sailors on the Meinam river;
fourth, the punishment of the culprits and
provision for the pecuniary indemnity of
the victims; fifth, an indemnity of 2,000,-
600 francs for various damages sustained
by French subjects, and sixth, the imme-
diate deposit of 8 200, 900 francs to guaran-
tee the payment of fourth and fifth claims,
or the assignment of the taxes in certain
districts in lieu of the deposit of 100000
francs.
The reports of the last few days are con-
fliCting. The king of Siam made a reply,
asking for international arbitration, and
offering to make a just reparation. France
considers his reply unsatisfactory and will
probably blockade the Siamese ports. The
French minister at Bangkok the capital of
Siam, is preparing to leave the country.
The surrender of the territory asked by
France would seriously cripple Siam. The
French obtained their control to the ad-
joining territory by aggression. England
has an important trade with Siam and it
would be greatly for the interest of China
to keep the Fren ch from gaining more ter
ritory. If these nations should side with
Siam in the dispute other international
complications would probably arise.
Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1893-07-28

Wednesday was the worst day which
there has been in the New York stock
market since the present finan cial disturb
ances began. A big decline in stocks set in
about no on, and as the day wore on the
stock exchange presented a situation very
close to panic. At times the sales of in
yestment stocks proceeded in such volume
and with such violence as had never before
been witnessed except in the worst days of
1873. Some of the best stocks on the mar
ket broke from four points upwards. One
extraordinary incident was the sale of 1900
shares of Evansville and Terre Haute, a
stock not active on the exchange. They
were sold 'under the rule for an embar-
rassed broker, and although the price was
quoted Tuesday at 126 bid, no buyer was
found yesterday until the stock was offer
ed at 70, decline of 56 points in day,
probably unparalleled in the record of the
stock exchange.
The week has been bad one for bank
failures in the West and Southwest. Mil
waukee, Wis, has been the worst sufferer,
with four failures, one of them the Mitch
ell bank, so called, supposed to be impreg-
nable. Two national banks have failed at
Louisville, KY, and one at indianapolis.
Besides these there have been numerous
smaller failures, 20 in Kansas alone. Two
trust companies and one national bank
have suspended at Manchester, n. II.
There have been many reports of the
shutting down of manufacturing concerns
and curtailment of help. A notable in
stance is that of the Smith Il Sons carpet
mills at Yonkers, n. Y, employing 500
hands, which closed Wednesday night for
the first time since 1878.
Yesterday there was decidedly better
feeling in the stock market and an upward
movement in good securities which seems
to stand fair chance to continue.
Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1893-07-28

The prevailing prices have no bearing on
real values, but simply demonstrate the
extreme necessities of heavy security hold
ers. The banks cannot carry these stocks
in their loans, and they are consequently
thrown upon a defenceless market. When
reason and money once more become fac
tors in Wall street the low prices of securi-
ties now being recorded will add sad and
costly page to its history. Since 1893 came
in it is estimated that the total shrinkage
of stocks and bonds is considerably in ex-
cess of one thousand million dollars.
This shrinkage, to my mind, cannot all
be laid at the door of the Sherman silver
law. 1t no doubt started the ball of dis
trust rolling, and the November landslide
gave the ball another kick, and it has not
stopped rolling yet. This is no reflection
on New England Democrat, or Democrats
of the Middle states, who are generally for
sound money and temperate legislation,
but refers to the crazy Democratic element
of the South, Southwest, and certain Sec
tions of the West.
Large corporate or private interests dare
not place single dollar in any new ven-
lures with the tinkering of the tariff, and
other braggadocio legislation, promised by
the aforesaid cranks. The writer is of the
opinion that if we were to have presiden-
tial election next November that many who
voted for change last November would
vote for another "change."
Please note this from the New York
Times: "Stocks may go lower, but it is
well to recall that they are selling now at a
level which has not been reached before in
25 years. Liquidation has been thorough,
weak holders have been shaken out long
ago, and declines occur because of short
sales in market where there are but few
buyers. 1t is in times like these that men
with little money lay the foundation fol
fortunes"
| w p EAaEp
Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1893-07-28
what the Change Has brought.

From the Manchester, y. H., Mirror.
1t would take but a few words to sum up
the benefits of the changes from a Repub-
lican to the present Democratic admins
tration, but to give all the results of the
political revolution one must condense
language. The cry that a change was
wa nted was a taking one and even those
who were prosperous greedily wanted
more prosperity and were induced to think
they would get it by placing the govern
ment in the hands of the Democracy
They and others voted that way and the
change has come. They have got the
ch ange but not the kind that jingles merrily
in ones pocket. The details of the thing
they hoped for and voted are concisey
stated by the Philadelphia Inquirer as
| follows:
Depreciation of $1,000, 100000 in the
value of American securities.
All the plate glass factories in America
sh tut down for an indefinite period.
Blast furnaces banking fires every day in
the week, curtailing the output of pig iron
enormously.
Textile mills OF all sorts in New Eng
land either shutting down or preparing to
do so.
All the large iron mines in the Michigan
districts shut down or running with a short
force.
Wool is at the lowest figure ever known.
Wheat is at the lowest price in two gem
erations.
Balance of foreign trade heavily against
us.
Money tied up in vaults and banks with
no accommodations to any but regular
Gust omers, and few new loans of any kind
More men out of work than at any time
since the panic of '73.
This is the record truthfully stated Is
there a man in New England who is proud
Of it9 Is there good citizen who would
if he had the opportunity today vote to
prevent it?
Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1893-07-28

The enormous shrinkage of business
which has taken place during the past year
is shown in table compiled by the New
York Press, giving the loans and discounts,
deposits and surplus funds of 20 of New
York city's national banks on June %,
1892, two days after Mr.. Cleveland's nomi-
nation, and on July II, 1898, after four
months of Democratic rule. In the 20
banks loans and discounts have decreased
ST., ,564, 900, deposits have decreased S132,-
41S, 700, and surplus funds have decreased
Sl5, 757,5 800. From these figures it is pos
sble to gain some idea of the contraction
which is convulsing the business interests
of the country.
Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1893-07-28
W. P. EAGER,
Banker and Broker.

Over 200 national banks have closed
their doors since the first of January.
against less than so during the same period
last year.
MoultOn Brothers of West Randolph,
who have been awarded the gold medal at
the Worlds Fair for the best dairy butter,
also took the first prize at Paris in 1880.
The exhibit consisted of 80 varieties from
13 states, and although Illinois, Iowa and
Wisconsin led in quantity of exhibits Yer
mont led in quality.
The will of Anthony j. Drexel bequeaths
100000 to the German hospital of Phila-
delphia and 81 ,OOO, 900 for the erection an d
maintenance of some public institution or
to support the Drexel institute His estate
is estimated at S25, ,OOO,OO to $50, ,OOO, 600.
Many of Mr.. Drexels clerks were remem =
bered with $1,000 each. In view of the
claims of Mr.. Drexers generosity his pub
lie bequests hardly meet expectations.
Alexis Columbus, resident of Buffa 10,
N. Y, l04 years old, says he is a lineal de-
scendant of Christopher Columbus. He
has an interesting history, and the data on
which are based his claims for direct de-
scent from the great navigator are mum er-
GUS and convincing. 1t is claimed that he
is the great-great-g -great-great-great grand
son of the man who discovered America.
The well-preserved old man is now in Chi
cago to see the Worlds Fair and visit his
three daughters who live there.
Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1893-07-28

The Sherman act is being made the
scapegOat for all the financial and business
ills of the country, and the inference
drawn from reading many of the papers is
that the Sherman act has only to be re-
pealed to assure prosperity. But, after all,
is the Sherman act responsible for all that
is charged against it? Only $120, 900
is involved under this act, and it is rather
singular if such a sum unsettles the
finances of the richest nation of the
Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1893-07-28

Joseph Jefferson, Americas only great
actor since the death of Edwin Booth, was
reported Monday TO be dying of a cancer
GUS affection of the neck. When Mr..
Jefferson was shown the despatch at his
summer home on Buzzard's Bay he laugh
ed heartily and made the statement
"They seem to be giving it to me in the
neck. You may deny the story. 1t is
absolutely false. l never was in better
health and spirits than at the present time
and have entirely recovered from my
recent indisposition. Such stories are ri
diculous and extremely annoying"
Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1893-07-28

A few cases of cholera are reported in
Naples, Italy, but there is nothing like the
general outbreak of the disease in Europe
year ago, DR.. w. A. Wheeler, chief of
the Ellis island, N. Y, staff, who has just
returned from Europe after an investigat-
ing tour brings the welcome news that
there it is not thought probable that chol-
era will come to the country this year.
Great precautions will be taken, however,
by the United States officials.
Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1893-07-28

BY estimating the average value of hay
of all kinds at nearly 50 ton the statisti-
clans of the census bureau have figured up
total valuation of the hay crop of the
United states in 1888 at the enormous sum
of S4Os, 490,565 The hay crop greatly ex-
ceeds in value the cotton production, which
in 1888 amounted to $292, 100000. In
fact, Indian corn and wheat are the only
two staples that exceed hay in value and
Importance. This year hay is receiving
more attention than ever before in COM
mercial circles, large quantities being ex-
ported on account of the shortage in Eu-
rope
Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1893-07-28
OUR FINANCIAL LETTER.
A Good Picture of the Situation,
And Not Much Light to Throw on the
Canvas---Figures that Tell the story
---There Is No Use in Laying II All to
the sherman silver Law.
"a BROAD STREET,
NEW YORK, July 26, 1898.

NEW YORK, July 26, 1898.
Much abused Wall street is about the
only cash market in the country at the
present time. The financial situation is
now so acute throughout the country that
it would lead one to believe that the finan
cial chain must soon break, or that the
maximum strain has been put upon it.
Something like 200 national banks have
closed their doors since January l, which
undoubtedly weeds out the weaker banks
to a large degree. The greatest shock of
any bank failure was received Tuesday
when 1t became known that the great
Mitchell bank of Milwaukee had suspended.
This bank had deposits approximating
eight millions of dollars, and was consider
ed an unusually strong bank. When such
bank as this is forced to close its doors
it is little wonder that there is grave ap-
prehension for the outcome of the present
financial situation.
The legal reserve of national banks is
based on 20 per cent of the deposits, and
recent reports from several different points
are as follows Boston 29S1, Buffalo
22.79 Philadelphia 30.39, Pittsburg 24.35,
Chicago, 30.61, Detroit 24s0 and Mime
apolis 27.21 per cent.
The latest receivership sensation is old
Erie. This is the third time Erie has been
in the hands of receivers. OF all the rail-
roads with a history Erie takes the lead.
The most unfortunate history connected
with it dates back some 20 years ago when
Gould d Fisk about ruined the road.
To impress more forcbly upon the
reader the fearful liquidation that has been
going on in 1893, l give the following
table.
Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1893-07-28
GBe l1ermunt pB@rrft.
BRATTLEBORO:
FRIDAY, JULY 2S, 1898.

The Ohio Legislature has aimed blow
in the neck at the cigarette habit by enact
ing law taxing wholesale dealers $500
and retail dealers 500. The anti-cigar-
ette people believe that the effect will be
to close up scores of small shops in the
cities, and practically to kill the trade in
the country districts.
Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1893-07-28

The latest iamboyant utterance of GOV.
Waite of "bloody brides" fame is "Oh,
damn the people of the East. We want to
scare them to DEATH The people who
were nearest scared to death were those
who surged about the Denver banks, and
their damns were directed principally
against the aforesaid Gov. Waite.
Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1893-07-28

A pension case which is attracting much
attention is that of Justice Charles Dean
Long of the supreme court of Michigan.
During the war Judge Long was wounded
in the hip and lost his left arm above the
elbow. Previous TO 1884 Judge Long re-
ceived pension of $50. In that year he
was rerated and the amount increased to
$50 and in 1889 Commissioner Tanner
granted a second rerating, allowing him
the maximum pension of S72 month for
total disability. Judge Long has always
been able to practice his profession and is
now drawing a salary of $1,000 a year.
The administration claim that the last in
crease was through Tanners personal Or
der, and without any formal application or
new examination, as the law directs.
Judge Longs pension has now been sus-
pended, pending an investigation. The
discussion on this case must be very inter-
esting to Secretary of State Gresham, who
has salary of $4,000 year, and draws a
monthly pension of $50.
Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1893-07-28

world. Ask some of the manufacturers
why their shops are not running full time,
and you will be pretty sure to get
an answer to the effect that they don't
know what to expect under the present re-
gime. The people wanted a change and
they are getting it-where the rooster got
Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1893-07-28

Have you seen the pictures in
in my window that. [ am giving
away7 I have got nine fine life
size portraits of BrattlebOro peO-
pie. Call and see them. Just as
good as you pay $40 for, and I
give them to any body trading ten
dollars worth at my boot and shoe
store.
Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1893-07-28

At the present rate of attendance at the
Worlds Fair the record for the first three
months will reach less than 6,750,000 ad-
missions. The next three months will, of
course, show a great increase over these
figures; but it is no longer thought posi-
BILE that the total can be brought up to 90
100000. A more liberal policy on the part
of the railway companies, not only as to
rates but as to accommodations, might have
benefited their own eXchequers, while con-
tributing to the prosperity of an enterprise
essentially national. The reduction of fares
agreed upon by the trunk lines went into
effect Monday. All tastes and almost all
purses can be accommodated between the
S17 now offered by the cheapest route to
Chicago and back and the S62 required to
make the trip in the exposition flier.
Everybody who desires very much to see
the Worlds Fair should be able to accom-
plsh his desire upon the terms now afford
ed, which will, of course, very greatly slim
ulate travel for the rest of the season.