Gilpin observer., 1906-05-10
NEWS OF THE WEEK
Most Important Happenings of the
Past Seven Days.
Interesting Items Gathered from All
parts of the World Condensed
Into Small Space for the
Benent of Our Readers.
San Francisco Earthquake,

A syndicate of New York capitalists
has made a proposition to loan San
Francisco $1O0.O00,OOO for the purpose
of rebuilding the city.
San Francisco proposes to ask the
government to guarantee an issue OF
$200,000,000 of municipal bonds TO:
the purpose of rebuilding the devast-
ated city.
President Benjamin Ide Wheeler is
authority for the statement that the
University Of California is loser to the
extent Of 81, 5000 by the recent earth
quake.
OF SIG vaults recently opened in
San Francisco the contents of 40 per
cent of them were found to have been
destroyed.
Fire recently entirely destroyed the
laundry of the general hospital at
Z the Preside, San Francisco. BY
hard work the hospital buildings
were saved.
Gen. Greeley has notified the war
department that San Francisco has
only ten days rations on hand. Further
contributions from the country at
large will be necessary.
y Auditor Horton, Of San Francisco,
estimates that the expenditures for
the coming fiscal year will amount
to $S,64S, 400.
Close estimates which have recent
ly been compiled show that abe actual
property loss in San Francisco will
approximate s350,000,000.
The property loss at Santa Rosa,
Cal, by the recent earthquake is OFF,
cially reported at $3.O0O0O0.
The San Francisco clearing house
reports that the business interests Of
the city will be able to rebuild the
burned section without the aid of
charity or untried methods of finance.
miscellaneous.
Daniel ODay, president of the
Northwestern Oil & Natural Gas COM
pany, has joined the list OF STAN
dard Oil sick men, having succumbed
to the strain of overwork. His ply
sicians have ordered him to take a
long rest.
The court of inquiry which investi-
gated the fire on the battleship Kear-
sarge has reported the accident un-
4 avoidable and holds no one respons-
ible.
The American Reserve Bond CON-
pany, which has been thrown into the
hands Of receiver, 1t is estimated will
pay back to its investors between 35
and so per cent.
Henry G. Coll, ex-cashier of the
/ First National bank Of Milwaukee
Wis, who was indicted for misapply-
ing funds. has been sentenced to ten
years at Fort Leavenworth prison.
The Traders insurance company of
Chicago, one of the largest fire insur-
ance companies in the west, has been
placed in the hands of a receiver as
the result of its heavy losses in San
Francisco.
Another war cloud has arisen be-
tween Colombia and Venezuela as the
result OF the refusal of Vice Presi-
dent Gomez to receive DR.. Herrera,
the Colombian minister
The supreme court has decided that
the government must refund to the
Cherokee Indians $4.0O0. 900. being the
amount, with interest since 1888
charged against them for expenses in
moving the tribe west more than 81
years ago.
The Olympic games at Athens were
closed by the presentation Of the prizes
personally by King George to the sue
cessful contestants. The day ended
with dinner given to the winners and
invited guests by the King.
After 10 years service as Judge OF
the United states court for the dis.
= trict Of Colorado Judge Moses Hallet
has retired and Robert e. Lewis has
been sworn in as his successor
A receiver has been appointed for
the American Reserve Bond company
of Chicago.
The appellate division of the supreme
court Of New York has decided that
the officers and directors of the
Equitable Insurance company must
account to the policy holders for the
funds wasted in recent years.
The federal grand jury at New York
has returned indictments against tho
sugar trust and several eastern rail-
roads ON the charge Of giving and ac-
cepting rebates on freight shipments.
Severe rain, wind and hail storms
were recently reported in Oklahoma.
Young livestock was killed and crops
were badly damaged.
The case against r. M. Snyder, n
Kansas City promoter. charged with
bribery Mt st. Louis has been dis
missed on account Of the absence OF
the prosecuting witness.
The total amount of national bank
notes In circulation is $556,646-
2S2.
England has issued an ultimatum to
Turkey demanding the complete with