The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-12-24
The aaieha a1lu ga ghursaay ornue "a, 1896

be anything that manufacturers can get
| for their products"
The member of the pool did not want to
| predict what the pg:ces would be, but
was emphatic that the organization
would not go to pieces,
| Another manufacturer said, as to the
| prices. that billets We're being sold as low
as $3.50 a ton, and he believed some
manufacturers were putting billets on
| the market at even a lower rate This
| is ridculousiy low, when il is considered
| that the price fixed after the organiza-
ton of the pool was $2025 per ton at the
makers mill. He also said that some OF
tie members of the poo. are now selling
hillets at an actual loss.
SHAKY LOAN ASSOCIATION.
St. Louis, Mo-, Dec. 23.-On applica-
ton of Walter z. McEntire, Judge Val
liant Of the circuit court today issued
summons, returnable Saturday,
against the Southern Savings Bank and
Loan association, TO reply to the injunc-
ton against the company for the dissoln-
ton of the concern and for authority for
States Treasurer Stevens, ex-officio SUI
pervisor of building and loan associations
TO assume control of it. In suit al
ready filed. Supervisor Of Building As
sociations Grey makes charges of incom-
petelt management and misappropria-
tons of funds against several gentieme,
prominent in local financial circles. The
officers of the defendant company are,
or were, Charles F. Begesch of the Com
mercial bank, president; A. Moore Ber-
~, lawyer, vice-president and counsel;
Franklin P. Jones. teller, St. Louis True.
company, treasurer. James Z. b ook,
chief clerk of the Mississippi Valley
Tru-t company, and a. x Yancey. presi-
Cent of Darcin college. Mexico, Mo-, were
directors. Inspector Grey says that they
have persisted in violating their charter.
NATURAL GAS SALE.
Columbus, Ohio, Dec 23.-The Central
Ohio Natural Gas and Fue, company has
been sold 10 New York capitalists at $50
per share. Emerson Mcmillan made the
purchase for them. The capital stock Is
81, 900. 900. The highest ever paid hereto
fore for the stock was s77.
Mr.. John G.. Deshler stated tonight
that enough of the stock of the Central
Ohio Natural Gas and Fuel company had
been signed TO secure the transfer Of the
plant to the New York syndicate and
that the deal would be closed probably
before March /.
City of Mexico, Dec. 23.-Federal
Judge Perez de Leon has issued an i'm
portant decree in the matter of the
Monterey and Mexican Gulf railway at
taching the property of that corporation
and appointing Manuel Contrueras re-
ceiver. This decision. which is of inn
mense importance to the American cred
itors, was arrived at because the Bel
gian syndicate, now operating the line,
did not deposit as required to do by a
previous decree, ST ,000, 900, which would
have protected the American creditors,
among whom is Joseph A. Robertson,
We'll known capitalist of Monterey, who
represents his own claims and several
others of great magnitude. This decision
gives protection to Americans holding
claims against the corporation.
RUSSO-CHINESE RAILWAY.
ST. Petersburg, Dec. 23.-An imperial
ordinance has been issued to sanction a
new eastern Chinese railway company,
with capital of 5000, 900 roubles, to con-
strltct and work a railway from the
western frontier of Hei-Lung- Chang to
the eastern frontier of Kirin, in Man
churia, to connect with branches of the
Siberian railway. 1t is provided that
the holders Of shares must be Russian
or Chinese
ST. JOSEPH AND GRAND ISLAND.
St Joseph, Mo-, Dec. pa special to
the Daily News from Hastings, Neb..
says: Pursuant to the decree of the Unit
ed States court in foreclosure proceed
irgs. the St. Joseph and Grand Island
railroad was sold today at IL O'Clock by
Master in Chancery Siminton. The prop
erty was Did in by f. P. Olcott of New
York. chairman for the bondholders com
nit a+ IF hnr
were no other bidders.
ATLANTIC AND PACIFIC.
Los Angeles, Cal, Dec. 23.-A decree
Of foreclosure in the suit of the United
States Trust company of New York,
against the Atlantic and Pacific railroad,
has been granted in the circuit court for
the southern district of California. This
is one of series of foreclosures that have
been granted in several states on suit
involving about SIG, 100000.
CANNON OF THE SOUTHERN.
New York, Dec. 23.-The directors OF
the Southern Railway company today
elected Frank S. Cannon third vice pres
ident and general manager.
ON THE VANDALIA LINE.
Indianapolis, Ind, Dec. 23.-H. /. Mill
er, present general superintendent of the
Vandalia road, will, on January 1, be the
superintendent OF the main line or the
Vandalia from indianapolis to st. Louis,
with headquarters at Terre Haute. n. c.
Dean will be appointed train master Of
the Pittsburg division Of the Pennsyl-
vania lines. J. J. Turney has declined
an offer from the Erie company. He will
remain general manager of the Vandalia.
1t is reported, on good authority, that
the Vandalia receivership will be closed
up in short time. and one of the highest
officials of the Pennsylvania says that
the Nandalia will become the property of
the Pennsylvania.
BOSTON MOTORMEN STRIKE.
Boston, Mass. Dec. 23.-The conduc-
tors and motormen OF the West End
street railway held meetings in all the
divisions last night, which did not termi-
nate until this morning and voted TO de-
mand the formal recognition Of the Con-
ductors and Mot0rmen's union.
Boston, Mass, Dec. 23.-President Nj.
l.. Young of the Conductors and Motor
men's union has declared q strike on the
West End Railroad company, to tafe
place at > O'Clock tomorrow morning.
Over 1000 men will go out. The griev-
ance of the men chiefly results from the
refusal of the company to sign the usual
annual wage scale.
TO CURE A COLD IN ONE DAY
Take Laxative Bromo Quinine Tablets.
All druggists refund the money if it
fails to cure. &c.
FIVE THOUSAND MILE TICKET
IL.