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I ESTABLISHED 1550. I (J. H. E6TILL Editor and Proprietor, f WALL STREET IN A WHIRL PRICES TAKE A BIG TUMBLE AND THEN RALLY. Wild Rumors Apparently the Only Cause For the Panic-The Kings of the Street Rush to the Rescue and Stem the Tide by Buying Heavily. New York, June 24.—The Stock Ex change this morning became extremely ac tive and excited with heavy declines. The market opened with a feeling of confidence in many of the stocks which suffered so severe ly yesterday, and large supporting orders ware given all over the room. In a few mo ments, however, there was very heavy sell ing apparent, and a report was started that there had been a falling out between Jay Gould and Russel Sage and Cyrus W. Field. At the same time Mr. Berdan offered some heavy blocks of Manhattan stock which were taken by Wright & Cos., and in n short period the sales by Mr. Berdan amounted to 7,000 shares, and Wright & Co.’s purchases tc 11,000 shares. - THE FIRST BREAK. Thesjj sales were mnde at about 150, hut as soon as Wright & Co.’s orders were filled the price broke to 149%, and at that point Menzicheimer & Cos. had a stop order reached, and they offered the stock down 19 per cent., without making a sale. A rally did not occur until the price reached 120, a fall of 36% per cent, from the open ing figures. The room was covered with brokers and the decline brought out selling orders in all classes of securities. Western Union, which held Ann for awhile, began to break about 11 o’clock, and in a quarter of ap hour dropped 8 per cent. The fall, in other stocks was correspondingly great. LOANS REFUSED. The greatest exitement was in the loan crowd, where many inquiries were made for loans on call, but parties who have been prominent in loaning money refused to lend any amount, no matter how small. The excitement reached its greatest height shortly before noon, and a veritable panic was developed. No attention was paid by brokers to fractions in the sales made by them, and fluctuations were so wild that sales were sometimes from 5 to 10 per cent, apart. Htock brought near the opening were thrown over when the break occurred and. this selling completely demoralized speculators. The marking flown of loans and the delivery of orders kept the clerics and messengers fully as busy as the brokers, and the street was the scene of more excite ment. than has been witnessed since the May panic of 1885. SOME OF THE DECLINES. The greatest declines so far recorded were on Manhattan—4o% to 116: Missouri Pacific, 11 per cent, to 93W; Cotton Seed 7 per cent, to 89; Richmond Terminal 7®£ to 26; New England, (4 to 45%, and Lake Eric and West ern sto 53%. The room during the panic was filled with rumors of all kinds, and tele grams from all points followed each other in rapid succession giving selling orders and making inquiries about many reports, which were by this time circulated all over the country. THE RALLY. Thq increased short interest saved the rooifl from a money panic by its demand for stocks for delivery, and S' V. White and some other operators entered the market and began buying freely. They soon gathered a largo following, and the buying turned the market almost as rapidly as it had fallen, and stocks took long jumps hack to their former prices. Manhattan recov ered 30 per cent, of its loss, and other stocks generallv recovered about the decline re corded. 'No failures were announced as a re sult of the break. GOULD IN HIS OFFICE. At 12:4.5 o’clock this afternoon Jay Gould was in his office at 195 Broadway, and was perfectly well. His son, George Gould, was seen by an Associated Press reporter and asked about the rumors of his father’s death, and he declared the reports to be ma licious falsehoods, circulated to uffoet the stock market. At 12:30 o'clock the market had recov ered somewhat of its normal tone, and prices had risen from 1 to 9 per cent, from the lowest point, tho latter Missouri Pacific, which fell to 92, and at 12:30 o’clock was 101. Manhattan Elevated, which dropped to 120, was I'2S, and Western Union, which fell to 68, was 7Q}4. NO REASON BOP. THE PANIC. There did not seem any good reason for tho panic and it was solely due to a bear raid, assisted by false rumors of Gould’s death and the embarrassment of prominent gentlemen. At 12:50 o’clock a reporter of the Associ ated Press saw Mr. Gould in his office, and Mr. Gould furnished him with the follow ing letter which he had just sent to John J. Kieman: The bulletin you aro putting out that my Man hattan Block is in loans, is a malicious false hood. Not a share of mv Manhattan is in loans or has my name on the hack, nor do I owe a dollar in the world. You should promptly con tradict. Yours truly. Jay Gould. - NO QUARREL WITH FIELD. Gould said further that the story that Si and Cyrus W. Field hnd quarrelled was untrue, and added that ho and Mr. Field were as good friends as ever. The rumor that Mr. Field was in trouble was also base less. At 13:45 o’clock money was 3-16 to per diem, but Kussell Sage was quod'd as having said that money would be easy from that time on. Stocks continued to advance slightly notwithstanding tho heavy rate for money, the excitement on the stock board seemed to have di<\l out and things were quieting down rapidly. WAI.L BTREKT PUZZLED. Wall street was puzzled to 100011111 for the fuot, that such a great declino could occur without dragging down some of the hull houses which have been carrying large lines of stocks, but this was explained by rejmrts that Messrs. Gould, Field, Vanderbilt and Philadelphia capitalists had taken up stocks which were in weak hands, and relieved tho holders of the necessity of sacrificing them. Cyrus W. Field, one report said, him taken up *7,000,900 of Manhattan stock. Mr. *Fiold and George Gould deny the correct ness of the reports that there has boon any disagreement between Messrs. Gould and Field. A FLURRY AT MONTREAL. A Montreal special to tho Pr>*t says: The stock market has been panicky this morn ing because of the of Mclver tc Barclay, who have boon “loiur” in leading stocks, principally Montreal Telegraph and Bonk 01 Montreal. Their lo*.-.iw n’ro said to lie *200.000, but their liability to the Stock Exchange is small. Fairchild on the alert. Washington, June 24.—Bo.orotary Fair child said this afternoon at 1:30 o'clock that he had arrn nged with Assistant Treasurer Cauda, at New York, to keep him informed of the condition of affairs in Wall street, es pecially if anything serious should occur, but that so far ho uad heard nothing to cause any particular uneasiness. He the situation at this hour didn’t seem to re qure any assistance from tho Treasury, lie intimated very plainly that should a panic seem imminent he would authorize propny- . ment of the interest due July 1, which would release about 69,000,900. He also said that it it should become necessary he would offer to redeem at once without rebate $19,000,000 o per cent, bonds maturing J uly 1, CINCINNATI'S CRASH. a The Two Prisoners Still Unable to Procure Bondsmen. Cincinnati, 0., June 24.—Harper and Hopkins, of the Fidelity Bank, spent lost night in jail. Harper is reported to have slept soundly, while Hopkins spent most of the time walking the floor. They were visited by friends this morning, and were again making an effort to procure bail. It is said that Harper yesterday telegraphed to Mr. Whitely, of Springfield, 0., asking him to come down and go upon his bond, but at this time that groat manufacturing concern was taking steps for the appointment of a receiver. The affairs of the bank have been con ducted with quietness to-day. Mr. Tren holm, Comptroller of the Currency, is in charge, and has a few of the clerks of the hank employed under his direction. He has not yet made the appointment of a receiver, but has given attention to such matters as required immediate notice. He was for some time at the jail, where, with District Attorney Burnett, be talked with Harper. Neither Harper nor Hopkins obtained bail. They are comfortably quartered and have many visitors. Louis Kennedy & Cos., commission and grain merchants, of vine, near Second street, assigned this afternoon to James Pettibone. Their liabilities are said to be $130,000 and the assets $40,000. Mr. Ken nedy was reported to be in the Chicago wheat deal, and was a heavy endorser of Fidelity Bank paper. THE SUPREME COURT VACANCY. Ex-Congressman Hammond’s Friends Pressing Him for the Place.* Washington, June 24. —Georgia has made herself heard in Washington during the past week. Senator Brown and Repre sentatives Blount, Crisp and Clements have been zealously and skillfully urging the ap pointment of Ex-Representative Hammond to the vacancy on the supreme bench caused by the death of Justice Woods, and inci dentally have been going through the depart ments looking up small favors for their con stituency. If “fluenee” could raise a man to the Supreme bench, Hammond would un doubtedly be appointed. He presented himself backed by practically the whole strength of the Democratic party of Georgia, from the two Senators down, Cliffor A An derson, the only other Georgian who was ever seriously mentioned here in connection with this appointment, having withdrawn from the race, Hammond had the ad vantage of a solid support from his State. Then, too, he had the recommendations of a large number of his former colleagues of the House of Representatives as well as letters from a considerable number of Sena tors. The President has received two or three letters in favor of Hammond’s ap pointment to one in favor of any other man. It is understood also that one or two, if not more of the Justices of the Supreme Court, who not unnaturally feel a sort of right to put a finger in this particular pie, have asked the President to appoint Ham mond. Hammond’s friends have certainly been as active as Hammond himself has, doubtless, been inactive. But the President, like most of his pred ecessors, thinks that the Supreme Court presents a marked exception to the rule of the politician that the largest petition com mands the office. He does not believe that the weight of the recommendations offered shoujd determine the appointment. In fact, he thinks that no man should be a candidate for a place on the highest judicial tribunal in the land either by his own application or by the recom mendation of his friends. Consequently Hammond may be considered as practically certain not to be appointed. This is a strik ing illustration of the advantages of modesty for I doubt not that if Hammond hail not appeared as a candidate he would have been one of the very first men to have been considered by the President in this connection. The President does not need to be told his worth —he does not need to be told the value of any man who is big enough to fill a va cancy on the Supreme bench. And had tho President desired any further information about him he could have, and would have, obtained it. As it is, Hammond’s friends have so handicapped him that his chances of appointment seem too slight to be con sidered. INTERSTATE COMMERCE. The Commission Assigns Dates and Adjourns. Washington, June 24.—The Interstate Commerce Commission to-day assigned fu ture dates after July 12 for hearing the re mainder of the cases on its docket and ad journed till that date. July 20 was set for hearing tho case of William H. Council, of Huntsville, Ala., against the Atlantic road's discrimination on account of a passenger’s color. Tho Commission has addressed a letter to all railroad companies which have failed to (lie a statement of their rates of charges, calling attention to tho requirements of tho law and asking a sjieedy compliance there with. Commissioner Bragg will remain in Wash ington in charge of the commission rooms during the absence of his fellow-commis sioners. Commissioner Walker will go to Vermont, Judge Schoonmaker to New York and Col. Mormon to Illinois. Judge Cooley has already lef t the city for Michigan. SHARP’S DUMMIES. More of the Boodle King’s Men on tho Witness Stand. New York, June 21.—The testimony in the Sharp case was not of striking interest to-day. Three of tho directors of the Broadway Surface road, who aro also em ployed in other of Mr. Sharp’s enterprises, testified that they were merely dummy directors in Mr. Hharp’s Interest. Delancey Nieoll, of the prosecution, said that their case would probably lie closed to morrow and that perhaps to day they would have all their testimony in. Cloveland to Vlait Philadelphia. Philadelphia, June 24.—The President is to visit this city next September during the progress of tho ceremonies incident to the Constitutional Convention celebration. George IV. Childs extended an invitation to tho rt esidunt requesting Mr. Cleveland to he his guest upon the occasion fd hw visit. The President accepted, and said that while In Philadelphia ho did not intend to lie exclu sive or to keep hlmiwlf aloof from the peo ple. He would regard his visit as a public affair. Miners in Death’s Jaws. Virginia City. Nev., June 24.—Fire broke out this evening in the Gould and Curry mine. All of the miners escaped with the exception of six employed on the five hundred level of tho Bnst and Bclcncr mines Signals from them have ceased and it Is feared they have perished. Attempt* aro being made to reach them by volunteers. SAVANNAH, GA., SATURDAY; JUNE 25, 1887. A HEROINE OF THE FIRE. PLUCKY MISS WAKEFIELD SWIMS ASHORE WITH A CHILD. She Takes Garments From Her Own Person For the Sake of Other Be numbed Passengers—The Captain of the Racine Adds Another Chapter to the Thrilling Story. Chicago, June 24.—The schooner Racine, the crew of which rescued the survivors of the Champlain disaster, arrived last even ing. At the time the Champlain caught fire the Racine was lying alongside a pier, six miles from Charlevoix. Capt. Hanson woke up, saw the burning steamer, and sent part of his crew hi a yawl to rescue tho perishing passengers. With the re mainder of his crew he ran down tlie teach to an old' fish boat, launched it, and started for the wreck. The boat had not been used for a long time, and leaked. When about half way out to the Champlain, Capt. Han son came across a young woman who was swimming toward shore with a child. A HEROINE. This was Miss Mary Wakefield, of Charle voix. She had jumped overboard from the steamer with the 6-year-old child of Capt. Kehoe elapsed in her arms. Grasping a broken fender, she clung to it, and seizing tho clothing of the child in her teeth she bravely struck out for the shore. Capt. Hanson says she is the pluckiest woman ne ever saw in his life. When he started to take her and the child into his boat she told him to hurry away to others, as she could take care of herself. She reached the shore in safety, and when another of the. ship T wrecked passengers was taken from the. boat in almost frozen condition she took off her flannel underskirt and wrapped it around him. RESCUING THE PASSENGERS. When Capt. Hanson reached the wreck the yawl of the Racine had picked up fif teen persons. He saved six more, and ■ seventeen others floated ashore by tjje aid of planks and life preservers. Among the bodies picked up by Capt. Hanson was that of Mrs. Ella Coopersmitb, of Charlevoix. It was found floating on the surface of the lake, and the position of a life preserver showed that Mrs. Smith had worked it down, so as to keep as much of her body as possible out of the ice water. Becoming be numbed and fatigued, her head had fallqn over until it was submerged and she was drowned. In speaking of Capt. Casey, Capt. Hanson said he never knew what cour age in a man meant until he witnessed the heroic fortit de displayed by the brave commander of the Champlain. ROLLING MILLS BURNED. Two Hundred Men Thrown Out of Work by the Conflagration. Watertown, Wis., June 24.—The entire plant of the Chicago, Milwaukee and St. Paul Rolling Mills was burned last night. The lass is $150,000. Two hundred men are out of employment. .A COLLEGE IN RUINS. Montgomery, Ala., June 24.'—A special from Auburn reports the burning of the State Agricultural and Mechanical College with the chemical laboratory and other ap paratus. The building originally cost over $60,000. The insurance was $30,000. A new building will be erected at once. The burning of the college was a great calamity. The institution was established 1 under a grant by Congress of lands to found such colleges in several States. Its annual income from this source is $20,000, and SIO,OOO from the State. Tho buildings were given to the State by tho Methodist church, and originally cost $85,000. A splendid chemical laboratory, together with natural history, geological and botanical cabinets and apparatus of all sorts, lmd been gathered through many yeai-s, and were exceedingly valuable, many of the cabinet specimens being very rare. THE LOSSES. The total value of the apparatus, eahir.ets and contents destroyed was over SIOO,OOO. Tho building, with its improvements, was also valued at over $100,090. All is a total loss, except a little chemical apparatus and the contents of the Treasurer's and Presi dent's office. The fire broke out about 4 o’clock in the morning in the State Chem ical ilaboratory, which had teen used tho day before. The first assistant in this de partment sleeps in the building, and at 12 o'clock last night made ail examination and found all right everywhere. No doubt is entertained that the fire was causal by rats and matches. The insurance is $30,000, in the following companies: JEtua of Hartford, $5,000; Royal of Liverpool and London, $2,500; Home of New York, $5,000; Georgia Home of Columbus, Gh., $2,500: Capital City of Montgomery. $2,500; Merchants’ and Traders’ of New Orleans, $2,500; Hartford, $2,500; North British Mercantile, $7,500. The building will te replaced at once. The Mechanical laboratory, in a separate build ing, was uninjured. DYNAMITE FOR A DOCTOR. His House Badly Shattered, but None of His Family Injured. St. Louis, June 24.—The family of Dr. T. B. Buck, residing at No. 2610 Jefferson avenue, was aroused shortly before mid night last night by a terrible explosion which nearly wrecked the house, tearing down plaster, breaking glass and weaken ing tho partitions, yet not causing any in jury to uny member of the doctors family. A dynamite bomb had teen placed on the sill of a basement doorway and exploded, demolishing everything in this room. Dr. Burk estimates his Joss at SIJXXW He is un able to account for the disaster jwt consid ers it the work of nil unknown A neighboring house whs slightly o^^p'd. Burglars Uso ChlorofoM^^k Chicago. Juno 24. lt, # has learned that the polioq are ,i wholesale burglary that ocemw. i ’nJWlay night. The inmates of u large hoarding house, about twenty in number, were all chloroformed and the house thoroughly ran sacked. The violin i% are nearly ull street, railroad Conductors and drivers, and, as they did not present themselves for duty, a call was made and the men woro aeou'-ed with difficulty. All showed effects of the drug. ' Killed by a Train. Raleigh, N. C.. Juno 24. — Mias Rosen thal was run over by the fast mail on the Atlantic Coast Line and killed last evening. Hht- was riding in n buggy with a young man. The horse become unmanageable and hacked on the track before the ad vancing train. Tho young man jump<yl out, tetter to manage nim, and the young iadv jumped out on tho other side, fell on the' track and wo* caught by the train. Both of bar legs were cut off above the knee, and she died in an hour. Let Off too Eaay, Chicago, June 24. —Chet himith, a dra matic agent, who lias been acting as pro curer for vile dena of Hurley, Wis., was to day sentenced to one year in the penitentiary. FRICTION WITHJ3ANADA. Each Government Watching Those Who Cross the Frontier. Lockport, N. Y., June 24.—Tho recent order of tho Dominion government to the Canadian custom officials at Windsor, Out., to make a record of all American* residing at Detroit and vicinity who daily cross the line to engage in business in Canada has led to a countermove by Collector Cutler, at Niagara Falls and Sus pension Bridge. This morning as Canadian laborers, numbering about 200, who are employed upon this side, reached the frontier, they were surprised to find at this end of the suspension bridge deputies who demanded their names, age, residence, occupation, etc. During the day notices were served upon the employers of these foreigners that if they should con tinue to employ such foreign labor after July 1, the United States District Attorney would be recommended to proceed against them according to law. CANADA IRRITATED. Ottawa, Ont. , June 24.—The action of the American authorities at Niagara Falls in preventing laborers residing in Canada from working in the United States has created no little displeasure in official circles here. Hon. Mackenzie Bowel], Minister of Customs, sneaking of the nffair. said: “If the dispatch in regard to the action of Col lector Cutler is correct, it is an unfriendly act on the part of the United States. Ameri cans have a great faculty for doing things and laying the blame on other people, as they try to do -in this instance. Myde partment has never issued any order to have any record taken of Americans working in Canada, not even for statistical purposes, and would not think of issuing such in structions. It is part of tho war which is being waged in the United States between capital and labor, and the action of Col lector Cutler must hare been prompted by labor organizations which were unwilling to have any competition with Canadian later.” LIBERAL DIFFERENCES. Lord Hartingrton Loyal to the Tory Alliance. London, June 24.—The Marquis of Hart ington in a speech at Manchester this even ing referred to homo rule for Ireland as be ing, for a time at least, decided against. He protested against the minority in Parlia ment being allowed to further prevent legislation, especially denouncing that sec tion of the minority directly associated with foreign conspiracy aiming at the estab lishment of an Irish republic. Referring to Mr. Gladstone's offer for a conference, Lord Hartington said that .the time had not arrived for a reunion of the Liberal party. He demanded a general basis of agreement before undertaking negotiations. Any agreement, he added, must be open to the full knowledge of the Conservatives, who had been loyal to the Unionists and deserved their confidence in return. POPE LEO AND IRELAND. Rome, June 34. Mgr. Persieo and Mgr. Gualdi have left for Ireland on a mission entrusted to ilium liytke Pope. They are Instructed to make personal observations, and to prepare a report on the political and social position of the Irish. TIPPLING IN FRANCE. The Senate Discusses the Report of Its Committee. Paris, June 24. —The Senate to-day dis cussed the report of the committee on con sumption of spirits. M. Claude said that the committee had come to the conclusion that the drinking of spirits in France had reached such a height as to be a social dan ger. Alcohol was essentially a dutiable article, and it behooved the rttate to pre vent its excessive consumption, at the same time securing the utmost profit to the treas ury by the suppression of adulteration and other frauds. M. Rouvier approved the committee!* re port. He said the government would pros ecute fraud wherever discovered, and that revenue collectors would lie instructed to take vigorous action against the imposition. Tho Genesta Ahead. London, June 24.—Tho yacht Genesta was sighted off Lizard Point this morning. She is nearly two days nhead of the other boat* in the jubilee race. The yacht Seleen passed Clare Island, off County Mayo, Ire land, to-day. She was leading the Gwendo line and Aline. The Mabel has withdrawn from the race and has been docked at Greenock. In an Aeylura. Paris, June 24.—1n the Chamber of Deputies to-day M. Fallieres, Minister of the Interior, stated tliat Baron DeSielliers had been placed in an asylum at the re quest of his family, and that the physicians who had examined him concurred in the opinion that ho is insane. It was, there fore, impossible to release him. Rumblings in Peru. Panama, June 24.—Continual rumbling noises are heard in Arequipa, Peru, and the inhabitants believe they will shortly ex perience a severe earthquake. These noises were particularly loud at tho time the earthquake occurred in Arizona. McGlynn to be Excommunicated. Rome, June 24.—The period of grace granted Dr. McGlvnn, or New York, is about to expire and he has made no sign of submission? It is stated that the Pope will without further delay formally cxcomniu nicate’bim. Refused a Marriage License. London, June 24.— Mile. Campos, who is sojourning at Dover, to-day endeavored to marry Garboeufif, but failed, as the uuthori ties refused to grant her a license. Germany’s Now Loan. Bf.rlin, June 24.—An imperial decree an nounces the issue of a JJF per cent, loan to tho amount of 238,094,970 marks. A Talented Typo. New Haven, Conn., Juno 24.—Tjio Deforest prize, a gold medal valued at *IOO, given to that scholar of the Yale senior class who shall write ami pronounce an English oration in the best manner, was this afternoon awni'dod to John Bennett, of this city. Mr. Bennett is a compositor, and the time that ho could spare from hi* studies was speitt at the case in the composing-room of tho In his junior year Mr. Bennett won the junior exhibition prize, on the strength of which he wcurod his election to “The Bone*,’’ Yale’s famous socret society. Gotham’s Blue Laws Beaten. New York, June 24.—The Supreme Court in general term luut reversed the de cision against Hotetkeepcni Hrcsiin and Vilas in the Sunday excise test case, and they have been discharged. Their offense was furnishing wines and liquor* to guest*. They were con victed in tho lower court. Yale Wlna the Race. New London, Conn.. June 24.—1n the Yale Pennsylvania boat race to-day Yale won. The official time U; Yale 20:20, Pennsylvania 22:89. IN THE HUM'S OF TRADE. ‘DUN & CO., REVIEW THE DEVEL OPMENTS OF THE WEEK. Wall Street’s Flurry Too Late to be Included In the Retrospect The Stringency in Money in the Big Cities Not Difficult to Relieve. New York, June 34.—R. (1. Dun & Cos. report the business failures occurring throughout the country during the last week ns follows: For the United States 171 and Canada 20, or a total of 197, against 313 last week, and 175 the week previous. In the corresponding week of last year there were 1(33 failures, 138 being in the United States and 31 in Canada. Dun & Co.'s weekly review of trade for the week ending to-day says: .“The with drawal of funds from New York to meet immediate netsls at the W est has caused a temporary stringency here which specula tors have magnified, but foreign exchange is so near the snipping point and the supply of unusued funds abroad is so large that re lief would come quickly if the needs here should become serious. Moreover, large disbursements by the Treasury in July are now close at hand. ROME PRESSURE. In the half yearly settlement, in the struggle to liquidate enormous speculation, and in preparations for summer dullness, however, there may lie some pressure for money during the remaining days of June. The Treasury has paid out 8800,000 more money than ft has taken in this week, lie sides increasing its deposits with banks about 11,000,01)0. At nearly every other point money is reported in good supply, but Chicago exchange on New York is at T.io discount, demands from Ht. Louis are also felt and money is rather close at Cleveland with exchange scarce, and firm at Milwaukee. Cincinnati banks were generally well sup plied, having anticipated trouble, but trie extent, of the rottenness in the Fidelity was not realized and some trouble for its (stock holders under the double liability law is now apprehended. ENCOURAGING REPORTS. The general reports of business at. nearly all points are highly encouraging. No trouble from the wheat collapse is reported except at points already named, and (lie in creasing prospect of good crops adds to the prevailing confidence. Collections are gen erallv fair or good, and the volume of busi nesr largo for the season. Liquidation in cotton proceeds slowly, but prices have de clined % for the week, with sales of about SqO.OOO bales. Settlements are proposed by the broken firms in colfee. wheat’s collapse. Wheat has fallen about 5c., though a par tial 9™er June still makes quotations here 6c. or more above those for July. Pork products yield a little, though still held at Chicago above the level elsewhere. In the stock market liquidation has teen a failure, though declines have not teen large or rapid. Distrust of parties and se curities thought to te even remotely con nected with Cincinnati speculation is ob vious, and there is less confidence as to the effects of the interstate act. Shipment by lake and canal is reported and the enforcement of the law threatens to stop manufacturing and mining at numer ous points. Under all circumstances the strength of tho market is suppressing, especially when it is remembered that new securities for several hundred millions have been listed this year. THE IRON MARKET. The iron market waits the outcome of the labor contests. The coke strike has not entirely ended and Pittsburg employers have voted to reject the demand lor an increase of w ager, estimated at 15 per cent. Railroad building seems to have teen checked a little, but the present demand for most iron and steel products seems tetter. The association protests to the Treasury against, under valuations and recent classi fications, under which the imjxirts of iron have been heavy. Other later contest* are disappearing. The Chicago bricklayers and Worcester shoemakers abandon their de mands. Real estate at the West is still un usually active, and though the bloom is off the boom, so to speak, no visible reaction in prices are to te expected at present.” IN AN ANGRY MOOD. Taylor County Tax-Payers Bound to Resist Payment. Louisville, June 24. —United States Marshal Gross returned from Taylor county, Ky., to-day, where be went to take initiatory steps to collect taxes for the payment of the county railroad bonds of the Cumberland and Uhio railroad in accordance with judg ment* issued by Judge Howell E. Jackson ut the recent term of tho United States Circuit Court. He report* the citizens of that county in a very laid temper and determined not to pay the taxes. A threat was made that the man date of court could be executed, at the loss of many lives. Marshal Gross is determined to execute the judgment* to collect the taxes, even if he has to call for United Btates troop* to aid him in asserting his authority. Ho returned to the city this evening, to consult with the United States District At torney, leaving a deputy on the ground. There is great excitement at C&mpbelbiville, the county seat of Taylor county. The amount of the taxes involved is SIB,OOO in this particular case, though tho total amount due the bondholders from other countie* amounts to about $250,000. The road was never built. A HUNCHBACK HANGED. He Killed His Wife Because She De spisod Ilia Deformity. St. Louis, Juno 24.—Alfred Blunt, a wife murderer, was hanged here at 6:25 o’clock this morning. Lifo was extinct six minutes after the drop fell, His neck was broke n. He was 32 years old, a hunchback and he maintained that his wife despised him because of hi* deformity. He was tried in December. The Supremo Court affirmed the sentence in April and he was hanged to day • DIED SELF-POSSESSED. Independence. Mo., June 24.—Edward Sneed was Imaged in tho jail yard hero thi* Afternoon. He was i>erfectly self-pjz-scssed. No Incident occurred. Sneed's crime was the debterate murder of a companion. Louieville's Prize Winners. Louisville, June 24. —An immense crowd wa* present at the Mason celebration at Central Pari: to-day. The following awards were received with cheers: The first, prize. $2,000, in yesterday's drill was won by the Montgomery Greys; the second, $1,200, by tho Louisville Light In fantry, and the third, s<so, by tho Mont* gr..ui-v True Blues. One hundred was the basis on scoring, the first com;uny making W per cent., Che second 93 and the third 84 per cent. Malefactors to bo Driven Out. Albugui.p.jue. N. M., June 24.—The citterns in this vicinity have organized a vigilance committee and contemplate rid ding the country of the malefactors of all depress who inteet it. turned into a lookout. Chicago's Warring Bricklayers Take a New Tack. Chicago, June 34.—Late last, night ut a meeting of the bricklayers’ union a resolu tion was passed authorizing the demand for a Saturday pay-day, and declaring the strike off. This action was taken, it was declared, on account of the pressure that was brought to bear on the bricklayers by private citl tens and business men who suffered heavy losses through the stoppage of work. The resolution gives material dealers an oppor tunity to begin selling again, as their Agree men with the master masons is binding only during a strike. The strike having been de clared off and the labor troubles hero being thus resolved into a lockout, pure and sim ple, the bricklayers declare that they will novy prosecute the Stone pool for conspira cy in case of a refufc I to sell stone to con tractors friendly to the bricklayers. THE FINANCIAL LOSS. It is difficult to estimate with accuracy the full extent of the financial loss resulting from the strike, which the bricklayers do clureil off last night. The local " loss in wages can bo closely computed, and Chi cago merchants can estimate the amount of trade which has been sacrificed. Aside from this, however, the miners are idle in Pennsylvania, the saw mills and their operatives in Michigan and Wisconsin ore idle, thousands of men are t hrown out of work in the stone quarries adjacent to the city, the pressed brick trade is affected all over the United States, thousands of dollars have been lost to railroad companies and every branch of manufacture identified in any wav with the building trades, is a di rect sufferer from the strike. A cartful esti mate made of the loss in wages to striking and loeked-out employes in the vicinity of Chicagonlone. foots up nearly 12,600,000. It would be difficult to mention a trade or business not. directly a sufferer from this protracted strike. LOOKS LIKE) _A_STRIKE. The Manufacturers and Amalgamated Association Still at Outs. Pittsburg, June 24. —The joint com mittee of the iron manufacturers and Amal gamated Association to arrange the scale of wages for the ensuing year held another futile conference this morning. The work men stated that they hail no power to with draw the 10 per cent, advance asked in their scale, but wore willing to make con cessions on extras. The manufacturers maintained the stand taken at the previous conferences that no increase would lie grant ed, and after a session of three hours the conference adjouniod to meet at 3 o'clock this afternoon. The impression is growing that the com mittee will be unable to agree, and that there will be a strike. Before the adjourn ment of the Amalgamated Association Con vention last night a resolution was unanim ously adopted denouncing the present system of arbitration between capital and labor, and declaring that the association would not submit to any such method of settling disputes. DEPRESSION AT READING. Lower Wages or a Cessation of Work the Only Alternative. Reading, Penn., June 24. President Coit, of the Reading Iron Works, to-day In formed the company’s employes that, in con sequence of their refusal to accept the ton per cent reduction, all of the company's furnaces, tills' works, rolling and sheet mills will be closed on July 2, for an indefinite pe riod. The company, he said, could not af ford to operate its works at the present rate of wages and the price of goods. This sus pension will throw 2,000 hands out of em ployment. It will lie the largest closing down in Rending for years. The Brooke Iron Company, of Birdsboro, to day posted a notice in its puddle steel mills and nail factory that, owing to a de pression in the iron market, and in order to keep the mills going, a reduction in the wages of its 500 employes would have to be made, commencing July' 1, of about 10 per cent, in the wages of the puddlrs and heaters, 15 per cent, in the nailers’ wages, and all others in proportion. RULE OR RUIN. Employes Attempt to Dictate to Their ‘ Employers. Philadelphia, June 24. —At the Atlantic Oil Refinery at Point Breeze, trouble has t>een brewing for some time. About half a dozen Hungarians hail been put to work by the superintendent cleaning the stills. The older still cleaners were angered at this and demanded the discharge or the foreigners and also certain changes in the manner in winch the work should be done. The super intendent declined to accede to the demands and the men went out. The em ployes in the other department* this morning reiterated the demand for the dis charge of the Hungarians, and also de manded the reinstatement of the men who had gone out. The officials of the company declared that they would not permit fhefr men to dictate to them how the business should be run, and employes to the number of 025 at once went out on a strike. Italian Laborers Strike. Milwaukee, Juno 24. —A dispatch from Marquette, Mich., says; A strike was be gun to-day among the Italian laborers on the Duluth South Shore and Atlantic rail way. 500 men are out. Serious trouble is feared. A BLAZE AT JACKSONVILLE. Nearly $50,000 in Losses With Com . paratively Little Insurance. Jacksonville, Fla., June 25. 1:30 a. m. —Fire broke out at midnight in the big three-story brick block on Bay atreet, owned by George R. Foster <fc Cos.. and oc eupied by Clark & Lott us,* furniture deaiers; Watson & Cos., druggists, and Sahel Bros., dealers in leather good*. Not withstanding the efforts of the firemen the flames completely gutted the building, whicli was valued at $25,000 and fully insured. Cinrk & Iftus lose $35,000. They are fuhy insured. Sahel Bros, lose $2,000, and ure insured. Watson loses $5,000, and is insured for *I,OOO. At this hour wild reports are in circula tion to the effect that several men are buried under the walls, but a search has lieen postponed till morning. Several white mm and negroes wero hurt. Among the whites are John Sanders and Tom Hol land. , The fire started in the second story, and in believed to be accidental in its origin. Clark & Jyoftus were a large furniture Arm, and did a big business on the installment plan. Tim linn Ijus branches in Key West and Tampa. Shoots His Brother-In-Law. Charleston, 8. C., June 24.—The colored circles in tho upper warns were agitated this afternoon by the killing of George Abraham by R. Floyd. Ti*parties live at No. 20 Nhninu street, and "ic related. A family quarrel led to the drawing of razors anil pistols. Floyd got there with his pistol Ur 4 and sent a ball through the lungs of bis brother in-law, Abraham. The murderer is in cus tody. ( PRICE filO A YEAR. I 1 6 CENT* A COPY, f MEN OF BALL AND CHAIN SENATOR BROWN BEFORE THS SPECIAL COMMITTEE. He Declares Himself Satisfied With the Present System and His Dealings With the State-Convicts Whipped to Death at the Camps at Old Town. Atlanta, Ga., June 24.—The penitentiary Investigating committee held two sessions to-day. All were present except Mr. Ter rell. The principal witness examined was Senator Brown, who talked several hours to the committee shout the lease law, work ing of convicts, sale of interests, reforms tion of criminals, forfeiture of lease, etc. At one time Senator Brown and Chair man Huff had a heated spat, which enlivened the investigation, but wns of no serious character. Senator Brown stated that the Dade Coal Company, of which he is President, is No 1, and lias bought 12 1-2 per cent, of No. 2 and one fourth of No. 8. He believes the stockhold ers have a right to sell or' transfer their in terest, hut, the companies cannot. He ex pressed the opinion tlmt if the Governor should forfeit the lease of one company U would be his duty to release. the senator satisfied. The State has sulwtantially kept its con tract with him, and while he has sometimes had less than his 300 convicts he has always lieen satisfied. He believes that he would be st ill bound to the State for the full hire if he only got one able-honied long-term convict, if that wns the only one in the pen itentiary. He didn't think the proposition of counties working convicts, or the Stato putting them on farms, would he practi cable or profitable, and, hesldi>s, the leasees under the law would lie entitled t i every felon, arid they could not, be taken away except, by forfeiture. The convict lease system has largely unproved the value of the property of the Dade Coal Company. Tie' company could work the mines at a profit with free labor, hut, make a greater profit with convicts. He did not belive there was much chance to reform penitentiary criminals, although in Dade county the con victs have preachers and tracts and a con vict church. The juvenile criminals ars generally beyond nope, Senator Browf thought. WHirpED TO DEATH. Dr. Houck, formerly physician at Ola Town for Capt. James, testified to cruel and brutal whipping of convicts by the whipping lioss last summer, but the boas was dis charged by Capt. James as soon as he found it out, but not before two or three died frorr the effects of whipping. The committee ad journed to July rt. It will visit the Chatta hoochee camps to-morrow with the leasees. The Governor lias commissioned William Wynne Solicitor of the County Court ol Wilkes. IHe Louisville and Wadley railroad, ten miles long, has returned its property foi taxation at (24,739. A CONDUCTOR KILLED. His Cab Turns Over on Him Just as Ha Was Leaping for Life. Colt'Mßl’H, Oa., June 24. —A sad and fa tal accident occurred on the Central rail road this afternoon about twenty-five mites from this city, in which Conductor A. W, Mitchell, familiarly known as “Bud” Mitch, ell, was almost instantly killed. The cab of a freight train en route from Macon ta Columbus by some means jumped the track and was jerked rapidly along by the moving .train. Conductor Mitchell ran to the platform and jumped, but Just as hp did so the oab was overt urned end fell ou him, dragging him beneath it for thirty yards. The train was stopped and he wai found buried in a bank of sand under the cab, with one arm protruding from undei the car. Assistance had to be procured from the uearett station before the body could b< extricated. TKRRinLT MANGLED. It was found to l terribly mangled. The remains wero to-night taken to Macon, where he has a wife and two children liv* ing. Mr. Mitchell, who was formerly a citizen of Columbus, had his eye sight near ly destroyed, and was otherwise injured about two years ago on the cannon ball route between Albany and Montgomery, and waf thinking of retiring from the road at an early data There was another maq in the cab at the time of the accident, but he escaped unhurt. T. J. Pearce was elected President of th* Euqulrer-Bun Company to-day. No sr.coe* snr to John King, the Business Manager, lias lieen appointed yet. FIVE YEARS IN THE PEN. Jasper’s Defaulting Collector Found Guilty - Sunday School Excursionist#. Macon, Ga., June 24.—The trial of 1C M. Williams, the defaulting Tax Colloctof of Jasper county, has just been concluded, The ease involves some interest. In 187 J Williams defaulted for *1,754. A true hill was found against him in the following year. The defendant fled to Alabama, where he remained five years, forfeiting a *2,000 bond. He was recently arrested, and his trial came up Tuesday, and was concluded last night at and late hour. He was found guilty and sen tenced to five years in the penitentiary Judge Jenkins presided. Williams is 41 years old and lias a large family. He wai represented by W. W. Anderson and 8. V McKiblien, of Jackson. The State wai represented by Bolioitor General Whitfield and Col. Jordan. Three hundred and sixty one witness** were Mibpmnaed for the tria* A motion for another hearing of the cm* will be made. ATTENTIONS TO EXCURSIONISTS. The Monticello Sunilov school excursion tits, numbering over 206, picnicked at th Park to-day. They were met and entep tained by a committee of citizens, -nd Intel in the day wore tendered a ride around tbi city over the street car licit line. mercer's commencement. • Mercer commencement ojiens to-nighi with tho annual champion deoato betwaei the Ciceronian and Phi Delta societies. • - Closes a Successful Term. Eastman, Ga., June 2a—The spring torn of the Eastman Academy was closed wit* an exhibition at Lietch Hall last night and the night before. The exercises were enter taming. Mr R. J. Strozier, principal of thi academy,, and his assistant. Miss Fannit Harris, w'tre presented with elegant token of lova Mnd esteem by their Amoskesg schol nrs. _____ . Death of Mrs. Dr. G. W. Mulligan. Washington, Ga., June 34.—Mrs. Di George W. Mulligan diwl at tlm residence a her mother, this morning, at 12 o’clock after an illness of about three weeks. Man; sympathize with the family in their tuu bereavement. No New Caa# In Key West. Key West, Fla., June 24.—There lia* been no n* w cases of fever tfvday and bu one death—that of A. L Warrin, a tran aient carpenter.