Durango semi-weekly herald., 1901-05-06

| uNe mliiiOns.
JACkSONVILLE, Fla. May Sire
broke out shortly after o'clock this
afternoon. A high wind caused the
flames to get beyond the control of the
department in few minutes.
The city is doomed and the loss is
already millions.
CHICAGO. May Sire this morn
ing destroyed the slaughter house of
the Armour Packing company. The
building was an immense one. cover
ing nearly five acres of ground. The
structure was four stories high and is
practically total loss.
About five thousand steers that were
waiting to be slaughtered were saved
with difficulty. The dressed beeyes
in the cooling room when the fire was
discovered We're consumed by the
flames.
The firemen had great difficulty in
lighting the flames. The ammonia
tank exploded, driving them from the
building.
The loss on the building is $11O.-
900.
NEW YORK. May 3.-Despite the
prediction of Russell Sage that this
would be BLACK Friday" the con
trary is the case.
Stocks for the most part continue
to boom. Only few declined, and
the number of shares traded in was
immense. The advances scored by
the majority of local securities was
from l to 3 cents.
NEW YORK, May 3.-Trade circles
report that the corner on whiskey by
the Kentucky Distlling company af-
fects New York
A big advance in price is probable.
NEW YORK, 2 p. M. May "a
panic prevails this afternoon on the
stock exchange.
A tremendous decline in the price
OF stocks set in without n moments
warning.
Russell Sage's prediction is being
verified, for it is indeed BLACK Fri
day"
BERLIN, May 3.-The long expect
ed cabinet crisis has at last arrived,
and the kaiser is in dilemma. Both
houses of the diet have been ordered
to sit in joint session tonight to hear
a message from the throne.
The crisis was brought about by
the resignation of Dr. Miguel Prus-
sian minister Of finance. which has
been accepted. The situation is be-
ing widely and vigorously discussed
by the press.
TACOMA. Wash. May Ship
ments of raw cotton from the United
States to the Orient will he greatly
affected by the immense purchases of
Bombay cotton just made by the Cot,
ton Spinners' union, embracing the
largest cotton manufacturers in ia
pan. Their agents have bought 25O.-
900 bales. to be shipped within the
next few months. OF this quantity
the Nippon Yusen Kaisha Steamship
company is to carry 100000 bales at ~
rupees per ton. The balance will be
carried by foreign steamship lines at
| - rupees. d
Many manufacturers intend to mix
Bombay with American cotton, while
others will use the former exclusively.
1t is laid down in Japan cheaper than
American cotton.
PORTLAND, Ore. May 3.-The Or
egon Short Line & Navigation compa-
ny has decided to enter the ocean
freight business on a large scale. and
is preparing to make a strong bid for
Oriental traffic.
The company has chartered one En-
glish steamer that Is now at San Fran
cisco, and she has been ordered to
proceed here without delay and sail
for the Orient with a cargo of flour.
Another steamer will be secured In
few days. and as rapidly as posi-
ble the Oregon Short Line will ac-
luire a fleet of vessels that will make
regular trips to Hawaii, the Philip
pines. Chinese, Japanese and Indian
ports.
DES MONIES. Ia. May 3.-Three
thousand G. A. r veterans this after
noon rendered Minister Conger re-
'eption in the Auditorium.
Conger made brief speech. in
which he announced that he would
cave for Washington Monday.
| COLUMBUS, O.. May "a special
train having on board Two hundred
people, bound to attend the launch
ing of the battleship Ohio, left fpr
San Francisco at noon. ,
CHICAGO. May 3.-The a1ngersoll
Memorial association was Incorporated
today with a capital of 100000.
The object is to erect temple in
memory of the great atheist and per
petuate his teachings.
CHICAGO. May "A struggle be
tween the eastern aud western lines
OR summer tourist business is afoot.
rhe Pan-American exposition will
draw greet numbers east, and it is
thought the result will be greatly
Increased business to eastern resorts.
Western lines, realizing the danger in
this, have placed in effect summer
tourist rates which are lower and Offer
more inducements than ever before
All lines running west from Chicago
have given notice that during certain
periods they will run excursions tc
| ~. 10 lats Il ty, ftAI