Newspaper Page Text
THE WEEKLY CONSTITUTION, TUESDAY. MAY 20.1884- TWELVE PAGES.
9
farms and farmers.
ths gossip of thb farm as told
BY FARIIBR9,
ns they are with superphosphate. Some
valuable information regarding kainit ia
I found in a letter wrrtten by Mr. E. Wenig of
IScbeenlanke, Prussia, to the American farm-
' er. Mr. Wenig save that as soon as one kind
[ of pltnl food Is deficient In the soil the crops
I fall short. To produce 2,000 pounds of clover
???cedis* n.wn Or??b??rd?????txonrr .nd the Habit. ??f [ hay the soil on which it growl ought to bold
SH.-TbaCa. aiFaiais i.iu-w??b u tu I (bes???de other material) thir'y pounds of
F.rm-xtfaUps Laid.-utuisi.i Sant.- I available potaih and ten pounds of phosphor-
on trass snsflowcr ae.d.- | i c acid in an available state. Suppose within
tne soil there is at hand, instead of ten pounds
SsaDiao Dows Orchards.???Mr. Charles I ot phosphoric acid, only four pounds, then
Patterson a .uccraful Mhsourl orchardUt. *5
sends the Prairie Farmer a euggeslive essay j^ssli only twenty pounds are at hand, no
on "the conditions of orchards," giving his I more than 1,330 pounds of clover hay could
views of the causes of the decline oi early I *>?? expected, and the striping of theothersub-
planted apple trees In ths west First * PP capital within
prominently he names the practice of seed- Many soils, although rich in phosphates,
Jog down to timothy. He says whenever I are lacking in potash, and consequently do
this Is done an orchard is almost sure to g0 not give a full crop. Peaty orswampy ground,
??? ?? , /??? after being freed from water, receives the
into bearing whether young or old, and for most benefit from potash. N-xt to peaty
the first few years Is very productive and I soils the light sandy soil is nics: beuefitted
promising, the owner being greatly encour-1 b P applying P??'a??h salts, as both soils are, as
. . ho 1.1 ?? rule, very deficient in potash. Soils con-
aged. When failure begins he attributes it , is ??? n ^ m0 /. ly of weather-beaten basalt, or
to changeable and sayere seasons, to the soil, I feldspar, are seldom in need of potash, unless
to insects, etc. I potatoes, sugar beets or tobaccs raised unin*
All admit that small grains are highly in- temiptedly have taken away the soluble
??? , . . , . ? I potash within the soil, Even for more loamy
jurious to orchards; timothy is much worse. f sn(1 ,he reports from experiment stations
It appropriates much of the rain, keeping it I assert that potash salts are indispensable in
from the tree roots just when most needed, | consequence of their indirect influence. Ex-
unlemthere is. surplus and the nourish- .^U^ph.l-luh
ment that should go to the tree is appropri-1 0 , potash, had a better effect than 200 pounds
ated by the grass roots. Under such circutu-1 of phosphates used alone. This fact shows
stances the tree roots sre always found near I *hat $bo P 0t8 f b *??lt?? inot only acts as direct
the surface. They have come there to get I tof plants, but its indirect influence???its
what they can of nourishment belonging to I solvent action on other substances, especially
them, and which they could not find below, on phosphates-ls of the greatest importance,
In a well cultivated orchard the tree roots fee I sometimes more than as a direct food. The
much deeper. indirect influence appears again by applying
The practice of leaving bare and stirring a potash salts either to potatoes, sugar beets or
small space around the trees, is, of course, I to barley and oats. The first named roots are
better than no cultivation, but is only a very I F*????consumers of potash; the grains want
partial help, deceiving even the planter buUittle, still the grains are generally aa ex-
himself. Farmers know they cau seldom perimcnts show, benefited in greater degree
grow a good hill of corn on four feet square, I by applying potash salts than the potash
it surrounded by sod. Tree roo s scon extend consumers???potatoes and beets.
more feet than the tree is high, and the , An indlreot gain by udng potash salts is
feeders are at the extremities rather than Ithat aaoll well manured with potash salts
near the base, and are forced toatrogglewith I retains more-moisture, which Is very i | m P'^'
the grass or other growing crops for moisture I taut for light, sandy Mils. Most all soils
and food necessary even to their existence, 1 deficient in potash are likewise in need of
to say nothing of increased growth and the I phosphates; therefore. whetber as direct food
producing of a crop of fruit. I or as a solvent agent, it ia advisable to apply
. Go into the orchards ten to fifteen or bothi at once-say 100 poundsi of Phosphate*
twenty years old and you will find mist of 11??. fifty pounds of kainit (sulphate of potash),
them makiog not over two to six inches of I Either used alone has no effect. Ooly the
growth annually, and many of themscarcely I lupines aie satisfied with kainit alone, with-
any at all. The bloom comes out very I out any additional manure, and another con-
abundantly, and though a large portion I dilion in applying it is that the land should
aborts, from different unaccountable causes, I contain lime. The rule to apply potash sa
there may be plenty lett to make a heavy I is to spread it long before sowing or plentini
crop, if nearly ell could have material to I preferably in the fall. Plow it in and mix I
;row to a good sixe. But no more expect I with the Mil intimately, ea there is no need
bat than to look for good aizsd ears of corn 1 Its sinking into the snbsoil, washing
ti.ely beneficial, treat as follows: After
taking off the grain crop, pasture the bal-
aoca of the year. But from January to June
or July the year after; then plant pees with
manure; then feed off with stock. It will
pay all interest aud coat, and leave the land
batter for the next crop. The year after,
plant in cotton, then in corn, and then in
iniill grain, and aga'n rest.
Umixixo Bos a.???Not many years ago the
bones of animals had no money valne and
were considered useless rubbish. Lvter they
came into use fer making buttons, knife-
bandies, common piano keys, etc ; tbeu to
supply phosphorus for friction matches and
other purposes, the demand for them increas
ing very rapidly. Soon their value as fertili
zers was recognized, and now the farmer who
does not eeve aud make good use of ail the
bones he can find on bis place is behind the
times.
In the processes where large quantities of
bones are used, they supply a valuable by
product in the way of fats or fatty acidswhioh
are extensively used in the manufacture of
soaps and other articles of commerce.
Two prominent bone products enter large
ly into daily use, viz , glue and animal char
coal. The value of these two products aggre
gates millions of dollars annually.
Such facta show the value of things too
often overlooked, or so little eateemed ts to
be permitted to go to waste.
Farmers generally understand that the
chief fertilizing property of borne is the
phosphate of lime they contain, amounting
to half their dry weight. The organic parr,
that which can be burned out, or wilt decay
out in time, contains much nitrogen,carbon,
hydrogen, aud sulphur, the nitrogen being
valuable as a fertiliser.
The reduc ion of bones goes on rapidly ip
contact with fermenting nutters. They
should be broken up and placed in a com
pact compost heap with asnos, then covered
with a thick layer of earth and the mass
kept moist. Itii better if moistened with
liquid manure.
TUMBLING STOCKS-
A WILD PANIC INAUGURATED ON
WALL STRSET.
Tha Ciraiugcf tba .8et#n4 Nation*! Hank Fou
lowed by the Satpentlon of the Metropoli
tan. of Welch Mr. Bcnry Is Freoident-
Faliare ef Blfbt Broker*. Bto.
in e neglected field. You may ea safely pre
diet a third grade in one as in the other.
Whenever the tree feels lack of nourishment,
orany hurtlul influence, ltsnaturalinsiinct, , ??
if you may so call it, prompts it to reproduce provided they keep up with their work, and
' id, In extreme cases, throw I k????P.qp sad. Improve their farm as they
| away or evaporating.???Kansai City Times.
Work ok tub Faun.???There are few farm,
ers but what find plenty to do on their farms
Oil from SoNrioivisa Sesiis ???The suntl
er is grown to a limited extent in the United
States; nowhere, we believe, for any purpose
except for ornament and for feeding the seed
to stock. In ltussia and India this plant has
long been cultivated for producing oil from
the seeds, and latterly this has been taken up
in Germany and Italy. With the rapid in
create of population, and the necessity for i
greater diversity ot rnral nursults, may not
the cultivation o f the sunll awer becomes
profitable pursuit in this country? Fed
judiciously, it imparls a glossy cast to the
stock, and is highly recommended a* food for
poultry. It grows readily in most rolls, but
prefers light, rich, calcareous land devoid ot
shade. In Great Britain the rule is to plant
six inches apart, covering the seed an inch
deep, and when the plants are a foot high to
draw tho earth up around them. No subie-
quent attention Is required. Tho yield of
"' ??? ' reued by topping the plants.
itfeelf from seed, nnd,,v... u VWM . ??? ??? . ,
all its vital powers in this direction, even in should. Good farming does not consist ai
tho very throes of death, ' I have seen tre. s together In raising good crops. It is just at
excessively full of bloom'that had not vitality profitable in the long run to so farm that the
??? ??? - ' * -??? I ... ???r *1,.. f.-.., ; a kept up, but gradually
_ that tho farm
and partly grow*a second and third crop of I {fa*{f shall be gradually improved
fruit the same year, but they quickly gave I by better fence, cleaner fields, better stables
up the struggle for life ancl usefulness:" ??nd barns and a good supply of outbuildings
While Mr. Patterson recommends farm and water and better furnished homes, more
yard manure, when this is in limited supply, ???d better stock, a better garden and a good
Ue considers clover the most available agent I supply of fruit, barmen who allow their
for keeping up the fertility of orchards. He fences to run down; who have to move their
would not seed down to it, but plow it under stables because the manure pilraget too deep
as soon as it attains full growth, or, if the <?? w??de through; who allow their build tags
first crop is wanted for hay turn under the to get oat of repair, their garden to get filled
second crop which msy also serve to re-seen ^???h weeds, and whose stock Is rapidly do
th* ground. He tllndes to the discussion generating for want of proper care, and who
lately going on in the Prairie Farmer on the ?? manage thelrwhola farm, that they, in
aubiect of low lands for orchards thus: 1 * ~*??? *???
"The Isst few years, tho orchards on li
seed is much increasei . ..
Each plant utttally produces 1,000seed, chief
ly on the main head.
Experiments made in France with the sun
flower gave a return of 1,778 pounds of seed
from an sore, yielding IS per cent of oil (27S
S ounds) and 80 per cent of cake. The pro
not varies, of conrse, with the kind, the cli
mate. and soil. The common oil is used
chiefly for woolen dreasing, lighting, and soap
making in Europe. The purified article is
largely employed for table tie*, and is consid
ered equal to olive oil.
FARM NQTES-
The pullets that er) hatched early are the
ones that will lay eggs next winter when
they ere worth 30 cents per dusen.
Oats and peas sown together make a most
ircfitable soiling crop. The yield per acre is
arge, and the food of the best quality.
ground, near the draws, have ?? mad to Ctrl
V. .< j.- in Illinois than. ojn Ugh ridges, and
such locations ar??' tSereWrerecOmmended.
the course of a few years, ore cither compell-
Id to sell out or commence more. imjiror*-
r,M??i??i,ttn)tl??an ea&rd. * tfenafal1y;they ^
havw plenty dTlfine to either loaf around tho
__ _ _____ _______ store or want to earn a little spending money
I feel CO.. Iidc.it, however, that thevare all I by working forsomsoDeelse Ido not say that
suffering mainly from want of cultivation, I the young farmer who la just comnisnc ng
and the Mil bring naturally deeper and richer I should not put a few days time helping
in the low placea. the trees, wlll not euffer as *> m ?? neighbors, by this means earning
much or aa soon there. Much of the soil in I to keep him going without being
Illinois is deeperand richer than ours, there- obliged to contraot small debts, but the
fore her people are even slower in discover I fanner who makes this plan a practice, who
ing the real cause of the failure than we are, bie own work in older to earn a
and not unlike us in trying to find aoiueJ little cash that mire than likely be sorely
deeper cause.??? . I liked.
??? I There is always plenty to do even on a
Honey and the Habits or Bsea.???Honey I ??m*H farms work that can be done to an ad-
may be obtained in sufficient quantities for vantage and profit, and the farmers, gener-
the use of families, by simply hu- ??>ly'Peaking, cannot afford to neglect this
ing boxes made of twelve I work even to work for someone else. A few
inch plank, two feet four Inches d ??y* * la y in cultivating a crop of corn,
long. A little attention is requisite in order pane or potatoes in planting the crops, or
to keep the worms from collecting around 1??? barvesdng, will often cause more dam
the edge of the boxes, and going up and eat- ????? to the crop!itban thei man could possi
ing the honey. Always have hives ready bly have earned by working for some ono
when the beea swarm iu the spring of the ??? ????; It U generally when work ia most
year, and a good place for them to settle on; needed at home, wh*n work Is pressing, that
saw off the limb when they have aettled, ??be farmer is willing to drop his own
piece it to the mouth of the empty gum, work, and it is at just such times when he
which should be elevated about four inches I to*** the most by leaving bis own work for
With a little attention, the bees will Mon go I someone else.
in. At night, move the gam to the bench I , In wy experience I b^eve yet to see the
where it is to stand permanently, which day when I could not find plonty of profit-
should always be in a shady place, and pro-1 ??bl* work at home, and have yet to sre a
tented from the rain. I farmer who was in the habit of working for
About the 10,h to the 15th of May, is the I others, but the fact stood out plainly that
proper time to take the honey oat, which I he could have beea most profitably employ-
may be done by tyiog a sheet around the I ??* home.
month ot the gam, laying it on a table, wiih I Of couiss circumstances will often make
the head a little the lowest, blowing in a lit- I considerable difference. It is extremely
tie smoke, then with a knife with a little difficult to make rules that will suit all clr-
blade cut across the honey, and take it out in cumetances, but generally speaking, the
squares, scrape the sides of the gum clean, I farmer who runs a farm should be employed
and retorn it to the bench from whence it I as much as possible on his own farm, eitner
came. If handled nicely, the hive will be preparing his land, cultivating or harvesting
qual to a new hive, I or repairing anil improving. The man who
This ia the easiest and plainest way to ob- I aitenda closely to hia own farm and is in
tain honey. The improved hive, with supers dustrious, ami plana his work to a good ed
on top, fum???shesa more neat and easy way I vantage, will find bis firm .slowly but sorely
of taking it. I Improving and that, too, without a large
Honey is obtained from fliwers, and from I am mat of apparent expense,
the boneydew that comes on a dry year. The I
comb ia secreted from the abdomen of the I Bsstino Lands.- By this we mean???allow-
beet: young bees only being capable of pro- I ing it to lie without cultivation for one or
ducing wax. I more crop seiMns, and allowing it to grow
No hive has more than one queen. I have I U P in grass and weeds. This spontaneous
sometimes known two queens to come out, I crop???covering the lend well over during
which fact you can ascertain soon by the I spring and summer, and rot. Ing and decom-
bees being agitated. Looking under the gum, I posing during the winter and soring, pro-
or around the hive, you will find one of the I duces quite an amount of Mluble vegetable
queens taken ia prisoner. If you take her out I matter for replenishing the exhausted quan
from the gam, ell will be qatet. la other turn of vegetable mold and humus, without
instances, by the agitation of tbs bees. Look I which in ths soil no lend can claim produc-
round on tbs ground and other places, and I Uveneta, or any course of manuring prove of
you will find Yhe queen with a small knot of I much benefi t. This dry vegetable matter
pies on ber; take net np end carry her to the I turned Into the toil likewise furnishes traces
-??? ??? * 1 of ammonia and other ferlileelements which
The Americtn Dairyman saya. A hayseed
in a cow???s eye will turo it white. It wW
come alljcigut in day or two if lett atone.
Tf doctored we din???t know when it will get
gam, and all will be quiet. . . - ??? , .
Bt???oj hive doi obiOKdl their fatbits in the I tend to enliven end recuperate the toil,
memory of men. They raise quite a number Such supply of vegetable matter la lmpor-
of queens in awarming time, if any of them I tan* for keeping the soil mellow and porous,
have the lent blemish in the world, they are I?? that It will readily take In the rainfall,
put to death, and thrown oat of the hive. I I with i???s fertile muses, and allow the crop-
bave often found as many as six or eight of I mo???s to penetrate end pervade it. It pre-
them In front of the hive. On examination. I vents lands from baking alter heavy rain*.
I could aee the fault for which she was killed end quickly becoming bard end crusty end
???she having been Imperfect In some panic- I inpermeable to the etmoephere.
ular. 1 he same thing is true o.' the neutral " ???
The treatment of the various classes of
bee; each one is enmined. and should the I soil* does not vary so much a* might be sup-
>e??t blemish be foand on it, it is put to I posed- Extremes ere likely to meet, end
death. When the swarm is perfect, ami the I'vst exerts dlfierent valuable effects up n
queen al-o tho tire: favorable day they
swarm out
different lends aside from Its general uni
form results. Lit a randy Mil rest to accu-
Tbere are maoyotber habits I haxe noticed I mutate vegetable mold, lo turn the toil dark
in the bee. Sjute ventilate the hive, in hot I ??nd enable it to receive the heat, and pte-
we.uuer, by fanning with their wings; sorae|Y*??????t reflection end burning wbet is above
carry io water, and aome compound it with I ground; to hold a uniform beat, and ao fas-
brriitl tu make food for the youoa bees; some I ten the particles of send together aa to ena-
bringtbe honey, and the others the beo-brctO; I ble th?? soli more readily tu receive end hold
hues u two kinds of bread are ever depositea j moisture???ail of which effects are important
in He same cell. Every u order, sjatern and I besides the reel end permanent recreate of
All the cracks in * ??? W I
inooetry,
bees setl with -weeigum. I have, when
boy, often taken it from the game and chew
ad it
the gams the I fertility. On tbs other band, rest a clay Mil
* not only to accumulate vegetable maid and
deposit fertile elements, pat lo darken the
soli???as in oss of sandy land???open the par
ticles of ela/, and thus pulverise the soil ao
Ta* Vtr. OI Potash Salts -Eainft, or-1 as to recelre the reins, let in the air, light
GeroiiQ puiih uUt. if now being used ex-1 tod gMet, and enable it to uniformly retain
untively In all paru of the country, and, aa I b-sfwd moisture.
a rule, with vary satisfactory results. Thai All mods should b* rested at least ona year
majority of <m farmers, however, are not at | In four; and ths best Urn* for rest ft aftor
fsmitfrr with Sty adaptation to special crops Iswsll grain crop*. To make it more pot!-
William Binders, the superintendent of
grounds and gardens agricultural department,
Washington, says that no part of a tree
coated with lime-wash has ever been effected
with the blight.
A writer recommends lime and aalt, mixed
with the Mott feed, as an excellent remedy
for chicken chtUera. He claims th*t he en
tirely stopped fa ravages in a large flock in a
few days by its use.
As soon ns till) dwarf peas are well under
way follow with the champion of England
sow them for a succession until quite late in
the season, aa they are of excellent quality
and better than dwarf for a late crop.
Sweet corn is a most excsilebt green-fodder
crop. The ears add greatly to the value of
the fodder; hence, it is more profitable to
plant m the crop will ear abundantly. One
acre of sweet corn will feed forty cows for
ten days.
The Farmer and Fruit Grower says that
Mr. Hubert Laugworthy, ot Ferine, Illinois,
licked 820 quarts of strawberries last season
rein abed eighteen feet wide by eighty-five
feet long. The plants were Crescent and
WIImd, mixed.
May is an excellent month for hatchin
leghorn chicks, os they mature early ani
begin to lav soon. If young pullets are
pushed forward rapidly from this time to fall
they will lay earlier than .would otherwise be
the ease without the extra attention.
The influence of good feedinr, good care
and kinduen in increasing tho flow of milk
is well llluitratad by the Channel Islands cat
tle. On these islands the cow is the pet of
the honsebold. and her great tullk yield hse
been developed solely by the extra solicitude
shown for her.
Scalding the milk before feeding will nsu
ally remedy scours in calves itleken in time.
Checking the discharge too suddenly is a
common mistake, u the drugs usually given
for this purpose permanently injure the di
gestion, which is ell Important tor the ani
mat either for beef or milk.
Bicbard Goodman says ensilage may be
considered a safe and lawful substitute for
tbe pump in increasing the amount of milk,
where quantity, not quality, is the desidera
tum. He thinks mskets of gilt-edge butter
have no use for ensilage to loug aa they care
to maintain their reputation.
The following remedy for hog cholera is
???aid to bean excellent one: Sulphur, two
pounds; copperas, two pounds; madder, two
pounds; black antimony, one-balf pound;
saltpetre, one-half pound; arsenic, two
ounces. The quantity la sufficient for 100
hogs, and is mixed with slop enongh for a
few dotes all around???a pint to each hog.
A correspondent of the I???refria Farmer
lays that in cutting up some dead and dm
raying apple trees, he dislodged scores of
hirers which bed found lodgment in the
trank end roots, and Is now cmrinced that
such trees ought not to be left in thn orchard
to serve as breeding places for insects, but
immediately consigned to the fire.
Much damage is done to pastures by iet???ing
stock on them too early in the spring. Not
only Is tbe grass injured by being bitten too
closely, but the trending by the etock when
the ground Is soft greatly injures the gras?
roots end they will not recover for a long
lime. Block should never In any csss go on
the meadow in soring. It is expensive pas
turing.
A writer in the Bonthern Planter thinks
that tbe beat way to make ensilage is to cut
it down, shock it up and let it stand one
week in the field btfora beginning to cut it
op. The advantage of totting it stand for
a while is that some of the water eep is evap
orated. It Menu to be sweeter, and loses
that sickening, green amell which frail green
fodder has when cot no.
Every glorious act of a great life starts for-
wtrd ao eloqnent fact Dr Bali???* Cough
Syrap (e tbe glorioas act of a life???s study,
and ft is a positive fact that it stands without
Yesterday morning the stock market in
New York opened five points lower than the
clots of the day before.
Id the first half hour five Wail street firms
suspended, though nous of them were large
ones. At about 12 o'clock the Metropolitan
bank closed its doors, and shortly after Mr.
George I, Seney.his son andMn-in-law failed.
Eight firms followed and tbe Phoenix Na
tional bank closed at about one o'clock.
In the afternoon tbe banka held a meeting
and passed resolutions to sustain each other.
Secretary Folger, of tbe treasury, hastened
to New York and announced that he would
tako the government bonds embraced in tbe
pending call at once. Tbe panto was thus
stayed and the exchange closed with rnnch
better feeling. The story of the day is told
in our dispatches which follow:
The Storr Us Wr.sk.
tux TorruNo over or iiankxrs and brikiss???
tub sxrsNT or ins disaster.
New York, Wall Street, May 14,11 a. m.???The
acetic at tho stock exchange waa ono of lutcnac ex.
citement this morning. There was a ruth toiell
???tocka partly for account ot tho broken, who toon
announced Iheti Inability to meet their cogago
incuts. Before 10:15 a, m. Nelson, Robinson & Co,
aud Soil A Randall announced tbelr auspeuaion at
tbe stock exchange. There was a drop in prices of
Itotfiper cent as compared with yesterday'
closing,tbe downward moTement being accelerated
by turnon that several bull poola were being forced
to liquidate. As compared with last night Lsiila.
Isrllle and NsahrlMs broke 5H lo 15, Western
Union 3X to 5)4, Union 1???actdc 2)4 to 43, Northern
Pacific, preferred, 5)4 to 47, Pacific Mall 3)4 to 10,
St. Paul 2)4 to 72, Lackawana 1J4 to 111, North
western 1)4 to 105)4, Oregon trenifor 4 to 11, Pull
man Palace car company to 101, aud Canada
Southern 1)4 to 33. Thon there waa a rally of 1 to
4 percent, but before 10:30 the market began to
decline again. A, Ayett A Co. have iaaued tho fol
lowing noties: ???William Ilcalh A Co. will settle
with the members of the stock exchango for atocks
bought, sold, borrowed or loaned by us previous to
this date.???
TtiBsufi-KNsroN or aiNEr???s bank.
11:40 a m ???Tho Metropolitan bank haa;Jait sus
pended. Tbe doors are shut tight. OMBogar. A
Cebaa assigned to John Wheeler, preference 3S4,-
000, All the alecks guaranteed by Nelson, Robin
son A Co are good delivery. Tho clearing honao
has received tho fallowing from National Bank
ExaminerBehrlba; "After an inves'lgatlon of tho
Second National bank I find It In an absolutely
sound condition.???
UATCH A FOOTE ???tllrBND.
11 a m.???Hatch A Footo bavo announced their
autponalon at tbe ilock exchange. Tho share mar
ket aa wo Wilto Is ragged, somo stocks showing a
sharp recovery whtlo others are at tho lowest pri
ces. Failures havo stopped for a moment, but the
atr Is thick with rumors of further suspensions.
Few know precisely where they stand and the situ
ation is stiained.
O. a CM}ART A 00. VAIL.
O MJlogoit A Co. hare aunpuucod Utelr ruapen-
sion to the slock exchange. Tbe chairman of the
stock exchange has Just announced from the
rostrum that the Second National bank is aolvcnt
and worthy of conBdence, Nelson, Kobluson A Co,
bare annouooed that all aetiro atocks earned by
them were Mid yealerday at good prices, and pen.
ylo carrying them in loans need not bo alarmed as
they will show their books, proving that money Is
obtainable for them. J C Williams, brokor, says in
reference to the report that be hu ausponded, that
he will make announcement later In tho day. Bey
ond atocks bought in under tuie to day for hia
account!,
A OENIRAI. STATEMENT.
11:3) a. n ???Tho financial complications of the
put week, supplemented by tho rerolallone re
garding the management of tho Beoond National
bank, which resulted In lha resignation of l???raal-
dent Eno, bu brought about inoh a fooling of un
certainty In the financial iltuatlon that the opin
ing of bnslnesa on tho stock exchange this morn
ing, It stu felt that (Hauler wei Imminent bo-
fore long. Ono failure after another wu announc
ed, until five etock firms bed announced their
auepenalon, and tho Metropolitan Nelloual bank
had closed Its doois. Its president, Oeorgo J,
Honey had been oneot tho most prominent spccu
latoreon the exchange, and was rated high in
the commercial world, The failure of Hatch A
roots la likely to invclro soma eountiy firms, u
they held the eccoums of many prime bankere
outside New York, M well uol Individual! In tha
wait and soulb. At this hour Well street is one
mass of people, from Trinity church to the custom
house, bo h sidewalk and carriage ways being Im
passable. At the doom of the suspended houses,
ot humanity are denser, and many dla-
conrelate faces gs s i or. tho cloud doors
AT THE SECOND NATIONAL
fteerctary of tho Treuury, Folger,cams tithe
rkoood National back tbla morning and congratu
lated Mr. Kno and the new president on th i.uo-
eeistui ???crmlna'.lon ol tho bank's troubles, Mr.
Mr. Phelps, one oi tba directors of tba bank, raid
tbat the reason they oponed It ao early thlamuru-
gwu to pr-vent a p??olc The ladles apper rod
more anxious ih tn the men eud greet many with
drew tbelr deposits.
till ACTION or SRCRRTARV FOLORR.
Secretary Folger who ts la tho .city, has tel-
c^raphed to Washington to lake up the bonds ol
tbel27ih oalton presentation, Tho bouds are
not duo until fune nib. Tbe secretary further
premises Uiaituch elope shall betaken as will re
lieve tba present situation.
???acaaVABY routes on ter situation,
Secretary Folger says tha break ia dnt to reck-
less Sptculailon by a lew men. He will do every
thing in hie power to preren t tho strlugcnoy lo i ba
money aurket.. Ho further stated
there Is pleatyof money iu tbe country. ???1 do
not anilclpare any extensive panic," said Mr Fol-
-The situation ia not as weak as people sop-
pose. I shell do artrythlog In my powsr to restore
confidence,??? Atthe PlncnU bank everything Is
quiet and eerciie. An ofiiccr says that there is not
tbe alightset trouble, and no run on tbe bank. A
telegram from 21d street repotta tbiee lines ol de
positors, demanding their money Imra 2d National
bank. It is feared the bank will atop pa?ing out
money.
asARAKs AieiunitD roa si-spension.
Hatch A Foote state that their inspeoslon was
caused wholly by tbo exhaustion of martins, the
reluial of tbelr customers lo renew them, and
their Inability to Mil etocke without undue sacri
fice. Hotchkiss A Burnham estign reasons Identi
cal with those of Haleb A Fools for tbelr trouble.
Donnell, Lawson A H meson arc d- p-jsltora to the
louot ol ft,000.(00 lo the Metropolitan bank,
and aa tbrir money there was locked ip. it wae
the greater part ol tho day in tho bank, reassuring
the depositors who esmo for tbelr money. Many
went away without drawing, and somo added to
their deposits.
arnatn or seniv.
At the bank the board ot directors were In
slop, and bank examiner Fcrlba was In possession
oi tha books watting for Instructions from control
ler of the currency at Washington, It was an
nounced by tbe cashier that no statement would
bo made to-day by tbe bsnk authorities. The
???tepa leading to tbe entrance to tbo bank were
crowded all tbe afternoon with a struggling
throng, which endeavored in vain to get some In
formation tn regatd to the situation. Geo, I, Bo
ney Is president of the suspended Metropolitan
bank. Uo lsalso a partner id tho firm ot Nelson,
Robinson A Co. Honey's mu are also partners In
that firm.
A reporter ol the assoolatr press hu Interviewed
a prominent director ol tho Metropolitan bank,
who said emphallctlly that the depositors ol tho
bank will bo paid In lull. He says that tbe direc
tors havo gone through all tbe securitlea of tbo In
stflution, and throwing all that may be clasMd u
in any way doubtful, bavo more than sufilelcnt lo
pay tbe deposltore. He says further that the ins
pension Is solely duo to the (act that tbe deposi
tor throughout tho country, having become
scared through attacks on the president ot the
bank, Mr. Oeorgo 1. Sonoy. had Inaugurated a
general withdrawal ot their doposlta.
THE SENEV FAILURE.
The firm ol Nelson, Robinson A Co, !??? composed
oi Nelson, Robinson, Robert Beuey and George I
Seney, Robinson la Iho son-in-law of Goorbo I
Honey, Hr., aud Robinson's two partners are his
tons. Robluson says all lire actual stock In which
he tiaded wete told yesterday. Those having
slocks In lotus would find their deliveries all
right. Mr. Beuey, Hr, told Nelson, Robinson A
Co's, tccouul on hit bank wu all right The
Xvonlng Foat, speaking ol tho (allure ol the Met-
ripolllan bank ol Nelson, Robinson A Co., uye:
Tho tallrcad speculations oi l???rotldent Geotgo I,
feney are generally suppMod to be tho real cause
ol the suspension, Hency is president ot the East
TcnneMo, Georgia and Virginia, tbe stock oi wblch
le eelllng to day at five tor common and nine tor
preferred. Largo blocks of this stock were bought
than a year ago, supposed to be
for account of Sonsy at 11 or 12 (or common aud
24 for preferred. Tho atook hu been sinking ever
since nolbwlthstandlng lha constant support from
what Is known u the Honey (syndicate. The Ohio
Central la supposed to bo another ot
Beucy's favorite slocks, upon which Itrgo sums ol
money havo been lost ???usUintug It, Tho first
rumor otHcney's difficulties came soon after the
aunouncemont oi the failure oi Nefeon, Robinson
As Robinson b tho Mn-ln-law oi
Benoy, and one ot Bonoy'a ioiii it
member of Iho firm of Nelson, Roblason A Co.,
It wu supposed that Honey would not bavo allowed
???he firm to go under bad ho not been badly crip
pled himself. At the office of Notion, Robinson A
Co., Nelson Robinson said that the failure wu
occuloned by calls upon tbcm fer money (rom all
quarters, which could not be immediately met ;
bytfcegenerat ehriuksgs oi securities, the dis
turbed condition ol Ibo limes and
circulation oi diiqufetlng rumors.
Ho was unable to furnish any statement pi lia
bilities and auetta. Most ol tbelr loans, ho said
were well protected, li tho holders did not lose
their hi ads aud want to get tbelr money tuadey,
ENO'S PAD IIOT.
Waller J. Johnston, tho receiver ol the Marino
bank, took poseeulon tbla afternoon at tbo bank.
Ho will probably makea statement within a few
days. At 4 o'clock this afternoon it wu estimated
at UieBecond National bank that over ll<0.000
had been peld out during the rush. A rumor pre
vails nowihat the deficit amounts to ft 000 000,
aud that Amoa R. Eno, lathor ot 1'reiddcnt
John C. Eno, psld 33 500(00. An Instrument was
recorded In tbe ntlatar's oSloo to-day, by Vrlilc ~
Amos B. Eno revoked a certain jiower ot attorney
given by blm to bit son, Jobn C. Eno, in 1873, Tbo
document further recites that all powon of any
kind or dates heretofore given to Jobu C, Eno,
are hereby revoked. The signature of William
Walter Fhelphs apptareu the nemo of tho wit
nessing partv-
jav oouLD's rear in -rag panic.
Tbo Commercial Advertiser says: ''It is reported
on eiccllent authority that a serious rupture took
place yesterday botween Jay Gould and Russel
Bege. It eonKqnonco ol title a large
block of Western Union wu thrown upon the
market, and so broke tho price from
???0to5t. Th-bad lotting between Ute two great
floancitre oouUuuee, and to day's catastrophe li
believed to nave been largely Induced by tbla dr-
cumstancc. It ie certain that no conference bu
taken place botween Gaul d and Hage, u Ihoro bu
on previous occasions ot a eomowhal similar
nature.
CONFIDENCg IN THI SOUTH.
Dispatches from all points tomb stale that Ute
fluanclel disturbance* to-day In Now York bavo
no Isfluenoa Ihera to far as can bo seen or hurd
Dispatches from the well, out and north ere of
similar import.
AT AN BED.
The press enconrsgee Ibe people to stand by
wbet the clearing houas through tu committee
bu do~e in molvlag lotland by etch otb*r, aud
recognise Iho panic u th* overthrow ol Iho stock
gamblers, and tbe going under oi thoee whom
burinesefe mainly or wholly upon credit, Th*
continuance on Thursday ol tbe commotion ot
dnredsy le notexpected.
Till PANIC IN DEOOELVH.
Tbo'doom ol tbo Allaatia stato bank,cl Brooklyn,
wets closed about bell put one, and a number ol
poreone who tried to gain admittance, want away
without cfiecifegtheir object. Tho cashier soldi
All I cau lay le that wo were going along splon
dldly, and there wu no trouble and no reason
(nr trouble, except at Ibe Metropolitan, which wu
our clearing bank, bu our funds locked up there.
have plenty oi sccuritlco lo borrow
upon, but we ceu't realist ou them today,
because we had bo Intlrmatloii ol the Metropollua
closing until twelve o'clock to day. Our tnonay
want over there before the suspension occurred,
Yon see wo got our exchaogff to-day from tbo Mat-
ropolltau tho sama as tba other Brooklyn banks
did, but all our available money wu put over
tboreand locked up. and of conns when It sue-
pended It wutoolate to get It out again. Today
have plenty KcurlUrs on which we could raise
3500.000 U necessary, but not to dev: we expect lo
Ofcu to-morrow.???
AN INCIDENT OF WAXD.
A gentleman who bad a conversation with Mr,
Fi??h, of the Marine bank, states that he la tu a
vety low condition ol mind. Fish fold him that
when tho checks ot Grant A Ward were
o-rilfled tor 3750 000 on tba morning
before the failure ihera were In the raulte of the
Marine bauk about 110.,WO worth of KCUriUeabe-
lontlcgtolbefirxi; that Ward ctme lo the bank
Tuesday uorul g and look tho eeeurilfee away,
saying Ihtt he bad a good chance lo realise upon
them anil wou Id at once return tbo proceeds 1 bis
jctdnne.
Hecrctary Folger hu ordered the immediate
payment ol tho ten million dollars bonds unbrac
ed In the 127ih call which, but for today???s order,
wouldnot matureunttl Juno 20tb, He ie quoted
u uylcg that II necessary be will Dana another
call for ten million bends
Arraau*o to coMtams.
Hundreds ol U ligrsm* (rom New York have been
received by member! of cor.gfses to-day, urging
Immediate legislative sctlon lo re.tove the Snan-
SOMS PERSONAL. GOSSIP.
Mr. Seaer, Ferdinand VVa.d, J-,rpb n.trj-h
Otbcr Men I'ramtaeat la tticsa Pallarea,
Atlanta, Ga, May 13.???I have known Geo
Seney for somo years. Tbe first time I met
wu in the room at the Firth Avenue hotel in w
the syndicate that bought Wilson and McGee out
tho EutTenncmee and Virginia road waa f.jrmid.
In that room wu Colonel Cole, Governor Foster,
ot Ohio, General Thomas, Major McCracken and
Calvin Brice. I noted that Mr. Seney was deferred
to u tho head ol the combination, both, I.thcught.
became of hia financial itrenglh and ability,
He talked bn t little, though be wu genial. He
seemed to tack quick lutgesUvo power to lake
things slowly, and sat, with bto
heavy Jaws covered with closely trimmed black
whiskers, bis introspective eyee end broad, white
forehead, a listener rather than a talker. What be
aa!d though wu taken without debate. I after
ward bid many long talks with Ur. Bensy In bie
cosy room at Ibe Metropolitan bank overior klng
fewer Broadway. He wu an enthusiast on south-
era possibility aud outcome, and never tired of
heating about Ibe special problems and resources
and crops ol tba south. He seemed to add to hie
testu an Investor Iu a new and developing fleld.'ho
enliment that money pulln sou barn projects wua
benefaction to this stctlon and the country at large
Mr. Honey said to me one day: "I have at my
disposal, for such Investments as I can recommend
not feu than 380.000.003 oi otbcr people's money ont
side oi tbo regular business ol tbe bank." No ono
bad a blgbohcbarac'cr fof probity, prudence end
sagacity.' 'Honey???s luck??? is one oi the axioms ol the
street. When the Estt Tennessee and Virginia
railroad syndicate wu formed, a young friend of
mine offered lOper cent bonus for 350,000 .of tho
etock. I knew tbet ho had doprccated tbe eoutb u
a field for Investment, and uked If be had chang
ed his opinion. ???No,??? 1 he said, "bat I'd follow
Seney lo the devil. I'm leaning on hia luck. I
don't even know him bnt I???ve Invested In four of
his schemes and I've doubled up every tlmo.???
Mr. Honey wu a wonderfully successful men.
He made fortune alter fortune Iu building or reha
bilitating such roads u the Ohio Central, the Peo
tla, EvansrlUe and Decatur, tbo Nlckol Plate, and
enriched hia friends and followers. Tbe letter
read wu built to parallel tbo Vanderbilt roods,end
was sold ts Vanderbilt by Brioe and Thomu. who
with Mr. Heney really made np the Honey syndi
cate, lo Ibe Vanderbilts at a profit ol abont 115,OCO, ???
000. Tbo policy oi the Baoey syndicate wu to
build new roada or extend old onei, put them in
good shape, water them up aud eelt stock and so-
cnrlttw.
THE LAST XNTUtrEUE or THU SOET
wu tho East Tenoesaa and Virginia system. They
bought this road Irom the Wilson and McGhee
crowd, nnd restocked It with (onr classes of accurl-
ties, mortgage bonds, Income bonds, preferred
stock and common ifock, making a total ol 172.000
a mile. They then went ahud and completed tho
Rome and Maoen extension, and afterwards bought
a controlling Interest In tbe Richmond and Dan
ville extension.
HU. BXNXV'S WELL KNOWN CHARITY
need* no discussion here. Bo gave away money
with princely liberality; usually to llbrarfosor
educational Institutions, and generally to tboeo
undertho auspices of tho Methodist church, Hegavo
abont 3100.000 In Georgia lo Wesleyan tomato col
lege, Emory college aud the Lucy Cobb Institute.
He la a man at quiet and slmpla habits Ho
reeses plainly, but neaUy, bss a low, musical
voice aud a cheery raugb, and looks more like
Judge Woods ol tbe supreme court than any man
living. He hu a beautiful home, where there If
uuosteutstloue comfort and euj living, with little
display.
We are sure that Mr. Beuey will hold even in
bis (allure the good opinions ho hu wont ro wor
thily and so long. When tbe details of bis Miure
and tbe oauscs are dliclosed.tf o tool sure that thete
will be notblog of dishonor to Ono. I, Seney,
Atlanta didn???t begin to loso ber bead yesterdayf
There was Interest, of course, in tho telegrams
(rom Now York, and (specially in tho news con
cerning Mr. Bcuoy. But there was not a rlppto ot
disturbance la tho business cemmuulty.
"Atlanta bin less Interest lu Wall .'street today,???
said a prominent man, yesterday, "than sbo his
bad Iu fivo (years. Such tempting opportunities
for luves ment have been offered at home that
money baa been drawn out oi speculation aud put
Into Atlanta dirt, In other words, Atlanta'ampnoy
is in Atlanta, and she can't bo burt by what bajn
pens In Naw Yotk.
HR. SINir AND OUR RAILROADS.
Conttdsreblo Interest wu fell In tho result ol
Mr. Honey's lallurn on onr railroads.
It wu the Beuey syndicate that built the Eut
Tcuuereeo and Virginia railroad, and the same
syndicate wu reported lo bavo bought tbe con
trolling Infercat tn tbe Richmond and Danville
railroad.
Aa lo tbo Richmond and Danrlllo railroad It U
said that It will have not tha slightest affect on it.
Mr. Gao. Beolthaa Just resigned the presidency of
a bank ??? lo take tho presidency ol tbe Richmond
and Danville railroad, and backed by Mr. W. P.
Clyde aud others la eecuri in bis aesL it was only
by voting with these men that the Beneyayn-
dtcale controlled the Hlcbmond and Danville
railroad.
Than to no reason, u far as wa can seo, why Mr.
Bsnay'a (allure should affect the Xut Tonncswo
and Virginia railroad. Evan It it should, It will
not affect Atlanta, as tho road will continue to be
operated u usual. The stock ol tbo road 1s now
down 4 cents aud can't Unit many peaplo by
dropping tower. It la said Ittsnowa preamble
property and will pay Its way along, U nothing
happens.
MAJOR CANTRELL WALLACE'S VIEWS.
'There ere two desses of baa leers tn New Ycik,"
said Major Campbell Wallace yesterday. "One
does business on Wall street and la honeycombed
In all kinds ot enterprises throughout tbo country,
weighted down with watered stock and alwayiilla-
ble to (all. Tba other data don tho regular com
mercial business ol tha dty and takes no part In
the wild speculation which Is always rampint
upon the straet. The present trouble Is smoug tho
speculators and will not affect the regular chan
nels ol biislntss, except perbeps to inltito a little
caution Into Iu movements."
" Will there be any effect on southern buslnesit"
"None nt aU. Waowe but lfttfe. We have bean
holding our affairs cloaely In hand, sad wo have-
no causa for fear, OtcoqjMtor awhile bustneea
will he slow, but diuuter is never bora ot cau
tion,???
Major Wallace waadataload at home yesterday
by Illness, but will probably be oul ln a day or
two. '
A NORTHERN COLONY.
necaeaarj to suspend until they could find out clat strati. A majority oi tbe telegrams w??ie re
bow they (feed. It waa thought calved by republicans. Just before tba adjoura-
tbst the mispsasion would be only
temporary one, and it was not a failure There
was a heavy run on the He.ond Katioual bonk,but
stockholders are all solid men. and It has been
sustained by them. Amoa ft Eno, owner of the fllih
Avenntbotel, la the pried pal stockholder. He la
tba lather of John C Kao, who redgntd lha presi
dency of Uric bank yesterday. Amor R too spent
merit tit tha house unanimous consent was asked
by Mr. bpringer to pus Display's bll!| authorising
tha secretary of the treasury lo invest in bonds law
ful money deposited by the banka for Ibo retire
ment of drcnUUou, Tbe effect pi Ibe enactment
oi the bill Into a law, it wu explained
would be lo put into Immediate dm-
lotion shoot R0,000 000.
Ts* LiRtttHIl la Macs Arraaat-a for the gate*
llahmeat efOer,
Macon, May 14.-[SpecialJ-To day Menra. EJ
Fuller, editor of the Gardner, Haiuchusetti, Re
cord and W W Tandy, etatlon agent and telegraph
operator of Hootlc Tunnel railroad, are la the
dty miklug final arrangements with Colonel
John f Fort for the colony to be established la
central Georgia on bis lands. Mr. J G Wheeler,
tho dty suiveyorol Macon, has recently finished
topographical mapol the place. It la situated
In the lower portion of the lllh district of Hmmimi -
county, nnd contains 4,4(0 acres and Is well
adapted to ???q-ntpfi|-kt
Mr Falter, tn a conversation, said; "We are lure
to make final arrangements for *ho porch.ol
-taccaeary landaforour village. Wehava fen font-
twenty more, we are going dova to locate a vil
lage and will pu-h things lively. Yon see etc ere
Impulsive and want to get at ft quick. A .feck
I .aoa
Will spring op, and with capital >. _
backe, energy and parrevarenco to hdp
we will soon have a new feature
four months alter getting there. Onr people eg
very anlhutlutlc aud are auxloaa tocomeenuth.
My vlstta have been meat agreeable aud I like Geor
gia v, ry much. We propose to do feu ol adver:l*log,
and will Issue a large pamphlet containing cuts of
I tit ton}, 'an,!. aCJiient, etc. 1 '
Messrs Fuller and Tandy left with Colcnel T
today to mike trracgemenU.
/A