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Show THEMONT TIMES BL2SUED WEKKLV PI TREMONT TIMES COMPANY Editor and Manager W. H. Capwell, TBt MONTON UTAH TAH I 1 IN mi ITALY; rain The output of Utah's mines this year will reach the enormous sum of 142,000,000. During the past six months fully 6,000 head of cattle have been shipped from Modena. CLOUDS HOVERING FINANCIAL STORM DUES 111 S HUNDREDS Hundred Bodies Have Been Taken From the Ruins of the Homes of the Victims Floods Follow the Earthquake Shock. Two Philadelphia. One attempts at robbery The Knickerbocker Trust Company, With $60,000,000 Profits, Forced to Close Its Doors. of the boldest in a long time occurred Friday, when two men tried to get away with $15,000 which they had seized from a bank lunner in the United States Both were arrested and all the money was recovered. The two men had been hanging around the for several days and were being watched by bank detectives and watchmen. P. J. Cronin, a runner for the Franklin National bank, was handed several large bundles of money by a paying teller in the He placed $4,000 in a satchel and walked to a bench near by with the remainder, amounting to $15,000. He laid the money on the bench, intending to open the satchel and place it with the other money. At the same moment one of tne nu n being watched, and who was standing in front of one of the watchmen, raised a newspaper as if he were looking lor something and obstructed the view of the watchmen. Then the other grabbed he $5,000 lying on the bench and started out of the front door. 'The bank runner insiantly gave chase, raising the alarm as he diti so. The The runner was close to the thief when the man who held the news-pape- r stuck out his foot and tripped him and tried to escape. He had only gone a few feet, however, when the watchman captured him. Others in the started after the man with the money and he was soon captured. Nine attorneys were granted permission to practice before the Supreme oourt one day last week. Rome. Details of the earthquake in Friends of Earnest Williams of Salt Lake City, wko has been missing since Calabria on Wednesday, just received here, show that the damage was much Offcaber 8, fear he has met with foul more extensive than at first reported, play? John 0. Henderson, who shot and while the death list is estimated at killed Oscar E. Otto in I.os Angeles a 500. Two hundred holies have already been taken from the ruins. Many of few days ago, was formerly a resident the villages are still cut off from comof Ogden. Scattered over the stale of Utah, munication with Rome by the floods are many dairies, whose product Of and the destruction of the telegraph and roads, and no word from butter and cheese this year will ex lines can them be had. ceed $2,000,000. The first shock of the earthquake A fight is being Inaugurated on thi fortunately brought most of the popeastern mail order houses by the Mm ulation of the villages into the open, ufacturers' and Merchants' association many succeeding in making their esof Salt Lako City. cape to the hills or open places, or Frank Bowden, 25 years old, was the ,'ist of fatalities would have been run over by a threshing machine enlarger. To add to the desolation gine at Clover Creek and crushed so caused by the earthquake, It was rainbadly that he died. ing In torrents, which greatly inFrederick Sorensen of Nephi is rais- - creased the suffering among the homeless people. lng a second crop of strawberries, Which is regarded as quite a novelty Half the houses at Ferruzamo and ta that community. Urancaleone collapsed and many perUtah day was celebrated at the sons were buried in the ruins; and Jamestown exposition on Octobei at. Sinopoli and St. Uario more lives are said to have been lost. Panic pre15th, Governor Cutler and vailed everywhere. Thomas making addresses. Half the houses NEW YORK'S BLACK FRIDAY. Two Salt Lake boys about 17 years of the village of Gerace are in ruins, and similar conditions prevail in a Several Trust Old are accused of holding up a ChinaCompanies and One Nanumber of other points in Calabria. man. The youthful highwaymen setional Bank Suspend. During the confusion caused by the cured only $3 for their trouble. New York. first in the the earthquake Friday was another prisoners L. B. Wilder, employed as an as at Catazaro mutinied, and were jail day, but the financial at State the Mining company Bayer by subdued with great difficulty. The institutions of New York have shown only Minersville, was struck by lightning female prisoners were particularly extraordinary power of resistance to and instantly killed on the 17th. and alarmed, screaming, shouting the pressure put upon them. While it The state convention of the Women's beating the doors until the whole is true that several minor Institutions Christian Temperance Union was held place was in a terrible uproar. The have been forced to close their doors, prison officials did everything possible In Ogden last week. Mrs. B. E. Shep-arto calm the inmates, but they broke yet two things should be said about of Ogden was elected president. them. out afresh every time another earth On the Utah Arid Farm company's shock was experienced. First, that the amount involved was farm located in Oog Valley, the big not so great as to exert any marked tsteam plow is being run night and FRENCHMEN NERVOUS. influence on the general situation, as day, and an average of seventy-livthese banks were located in residenWhole Think the Fabric of American acres per day is being turned over. tial quarters and did not come into Credit Has Been Endangered. Ambrose Greenwell, while mounting touch with the larger financial instiParis. The "house-cleanina horse at Huntsville, was thrown and lu Wall tutions of the metropolis; and, second, kicked and stamped on by the vicious street" is having a sentimental rather there is every reason to believe that brute, and sustained a fracture of aev than a practical ffect here. The pa- - these banks and trast -- companies "are era! rlbF He is expected to recover, pers are devoting much space to "the entirely solvent, and their difficulties A receiver has been appointed to Wall street crash," and "the slaughter will prove to be only temporary. of American millionaires," and operatake charge of the Ogden canyon saniThe institutions which closed their doors on Friday, with the sums due tarium, at the mouth of Ogden canyon. tors on the bourse are closely watchThe resort has been a losing proposiing the situation. They consider that depositors, were: The United States financial conditions are Exchange bank, Harlem, $600,000; Intion ever since it was thrown open to American sound at the base, and regard the New ternational Trust company, about the public. The products of the metal and coal York crisis as being the inevitable $100,000; the Borough Bank of Brook of an era of intense com lyn, $4,000,000; the Brooklyn bank mines and the clay products of Utah culmination niercial activities and over specula$1,300,000; Williamsburg Trust com will this year aggregate $50,000,000, tion, pany, Brooklyn, $7,500,000, and tht helped along by the revelations while the agriculture, horticulture and of improper methods of finance and First National bank of Brooklyn, $3, livestock industry will reach a total the position assumed by the author! 100,000. Of $75,000,000. ties at Washington. Some of the bankers FLING OF LONDON PFESS. think President Frank Pierce of Salt Lake City wil. French become first assistant secretary of the Roosevelt has gone too far and that interior department on November 1, the whole fabric of American credit Views of Leading Weeklies on the has been endangered. American Financial Situation. succeeding Judge Thomas Ryan of Kansas, who has been moved to a less Governor All London the leading weekly Sparks Comes to the Rescue responsible position. newspapers, discussing the American of Financial Institutions. The same distressing condition with financial situation, generally take their Nev. A bank holida) Goldfleld, reference to the prevalence of typhous customary attitude that It is due to fever In Salt Lake which existed last throughout Nevada was declared by the unsoundness of commercial methon Thursday, to last ods. The Statist says: year is reported again this fall. There Governor Sparks Is an amazingly large number of cases five days. All the banks of Goldfleld The lesson of the crisis Is not that In conseon Were closed of tills dread disease. Thursday American commercial honesty is less quence. The proclamation came as a than that of ot.ier countries, but that Paul Angell, a collector, attempted , great relief to local banks. The State the opportunities for successful dissuicide in Salt Lake City while & Trust company had already Bank was a but specprevented by honesty are more abundant and more tator who knocked a bottle of carbolic closed Its doors. At noon Wednesday, tempting. The Saturday Review describes the acid from his hand and held him tin a big run was in progress at the Nye & Ormsby bank, when banking hours situation as the bursting of the Amertil the police arrived. and the run probably would ican bubble. On the Levan bench a strip of land closed, have continued had the bank opened three miles wide by eight miles long, New Yorkers Want a Holiday. in Juab county this year 60,000 Pessimist Believes We Are on the Eva N. Y. Governor Hughes on Albany, bushels of wheat were raised, as of a Check to Our Prosperity. a number of telereceived Friday against 50.000 bushels last year, upou Topeka, Kan. E. R. Ripley, presi grams suggesting, with more or less' absolutely dry farms. dent of the Santa Fe, who was hers urgency, the propriety of his declaring The settlement of the telephone to attend the road's anon by proclamation a legal holiday. durJ strike has had the effect of placing a nualThursday meeting gave out an interview in lng which the financial situation might crew of nu n at work in J'ark City. The which he said: "I do not claim to be be relieved The governor acknowlcompany has been unable to make an a prophet, and I do not think am by edged t.ie receipt of all these messince the trouble Improvements began, nature a pessimist, but 1 am in a po without Indicating In any way but now it is rushing things. sit ion where I cannot help seeing some sages his intention in the matter. He would G. G Gregg, the oldest member of of which conditions exist the thing the Independent Order of Odil Fellows over a considerable portion of this not discuss the question, but theie is! good reason to believe there is no Ini In Utah, died at his home lu Salt Lakt, country, and it has been perfectly evimediate probability of his taking this me to some that for months dent r past was eighty-foulast week, lie City radical step. to on we were a our eve check the of :,;.- old. and has been prominent in Odd Fellowship lor a good many years. prosperity." A Second Dreyfus Affair. Thomas Coughlln, an iron worker, K arrest Paris. The Utes Again Troublesome. of was crushed to death by a falling derof Ulnio the Charles French at InThe of navy Ute tribe Washington. rick, while at work on the Newhouse Toulon on Friday on a charge of l. a more which thun ago year dians, building in Salt Lake. Other worklng a spy, and who later confessed to wandered away from their reservation men had narrow escapes, but succeedhaving abstracted a secret naval slg in Utah and created troublo In Coloed in getting out of harm's way. nal hook and tiie naval cipher cod William F Strlekley an electrician rado and Wyoming by threatening tc was followed take the war path and raid ranches by the arrest at Vtu of Salt Lake, is dead as the result of is reported to have again broken out dome of an officer named Burton, win tilood flowed on the ( having a tooth pulled Is charged with negotiations with ai 'hey wine river reservation in profusely from the gums, and his nose South Dakota, where the tribe was agent of a foreign power for, the salt also bled freely, all efforts lo stop the given temporary quarters. At the re- of mllltaty secrets. The arrests ar flow of blood being unavailing Strlckquest of the secretary of the interior creating a great stir, and as Ullnv Is a Hebrew, the papers term th ley died five weeks after the tooth was the war department on Thursday orx traded. dered troops from Fort Meade, S. D., rase a second Dreyfus affair. To move the cattle out of Utah to the scene ol the trouble. would require 17,3(0 cars, or nearly Insurance Man Convicted of King Alfonso's Lungs Affected. Perjury. 600 traluloads of :n car Madrid. The alarming reports clr each; to New York. The first conviction in move the horses In the state 6,f.00 ciliated earlier in the BMNttk regarding cases based on the disclosures lu thfl health of the oars, or 220 trainloads; lo move the King Alfonso appear to or 350 tralnloada, the legislative Investigation of Insur be confirmed. The king, who will heap, 10,400 G 1905 in was obtained by travel under the strictest incognito as While 400 cars would be necessary to ance affairs the district attorney's office here on Duke of Toledo during his coming fciove the li" Allert O'Brien of Ogden. while rid- Thursday, when a jury In the criminal visit to London, will submit to the ex branch of the supreme court found Dr. nminatlon of a specialist In tuberc ing his bicycle across the rnllronn Walter H. Gillette, former vice presi-don- t losls, from which disease his fa thai tracks, was struck by a tialn and died. The king's open air life hns of the Mutual f.ife Insurance a of distance for dragged thirty feet company, guilly of perjury in the third thus far kept the hereditary dlsposl He was uninjured, except for Severn, rl i ree The verdict was accompanied tlon In abeyance, and an operation was performed on him recently In Mir light bruises. His bicycle was thrown with a iv omiiien it ion for merry undi r the wheels of ths aunine aad Tl e maximum penally tor this degree hope of checking the growing symp Onis of consumption. otlreiy demolished. of perjuty is ten years' imprisonment Depositors Make Demand for Their Money and Second Largest Financial Institution in Gothem Goes to the Wall y I y nerve-wreckin- e g New York City. The financial storm in all probability reached its height on Tuesday, when credit, the under foundation of all business, trembled for a time, and before confidence had been restored New York's second largest financial institution bad emptied its cash vaults under the pressure of the biggest run experienced here in a generation; a stock exchange firm had failed for $6,000.--000- ; Wall street's principal securities had settled from $5 to $8 a share; call money had risen to 70 per cent, and local bankers, united to stem the tide of distrust, had been forced to appeal of the for relief to the secretary treasury at Washington. The Knickerbocker Trust company, the storm center, on Tuesday, paid out cash to depositors at the rate of a minute for three hours, and then closed its doom. The directors had, as they thought, fully prepared for a run, and caused to be announced in Tuesday's papers that $S, 000,000 in cash was on hand to meet all eventualities. At 9:30 a few depositors withdrew their accounts and an hour afterwards hundreds were in line to take out their deposits at the main office at Thirty-fourtstreet and Fifth avenue and at the Harlem and Bronx and down-towblanches. The $8,000,000 lasted until 12:30, when Vice Presi dent J. T. Brown announced that the bank had no more cash available and payments were suspended. Mr. Brown said that the bank would open Wednesday and payments be resumed at 10:30 o'clock. The Knickerbocker, it was announced, had ample securities to meet all demands, was perfectly solvent, and it was only a question of raising the cash, when all depositors who wished to withdraw $44,-44- could do so. ONE MAN TO BLAME. g . lntox-icat.'d- 1 - ME LEFT LIFTING WITHOUT MEANS John D. Hockefeller, J. Pierpont Morgan and Other Financiers Lend Powerful Financial Aid. Seize a Satchel Containing $5,000, Bu' Both the Men and Money Are Captured by the Officers. Several Villages Utterly Destroyed and the Death List Will Exceed Five Hundred. STREET OVER CITY NEW N STATE HEWS Two cases of smallpox were placed under quarantine In Ogden last week. Tne new Swedish Lutheran church at Park Citv was dedicated last Sun-ia- i mi naire New York Banker Says One Man Hal fc JJndermioedCredit System of the Country. New York City. After the doors ol the Knickerbocker company were closed on Tuesday, William Turnbull, the fourth vice president, said: "All the disturbance in the money market has been caused by one man, who, In the past six months, in public and private speeches, has been gradually undermining the credit system ol the country. Last night this company had assets way in excess in of its liabilities, and in one night the confl dence of its patrons and its credit were destroyed. This was brought about by one man, and that a man who knew nothing whatever about credit systems." One of the reporteru asked Mr Turnbull whether he was referring tc President Roosevelt. "Vbu knTv ve'i who") 'P. " Ther, mean,'.' r- 1' I '.'r T Is no need !o:- me to spajify." I - WILL NOT CHANGE i HIS POLICY. Preaident Announces Determination to Persevere in Present Course. Nashville, Tenn. President Roose velt, in nis address at the Auditorium on Tuesday, iaid: "There has been trouble in the stock market, in the high financial world, during the past few months. The statement has frequently been made that the policies for which I stand, legislative and executive, are respon sible for that tumble. Now, these pol Jcies of mine can be summed up in ono briet sentence They represent the effort to punish successful dis I doubt if these policies have honesty, had any material efTect in bringing about the present trouble, but if they ave it will not alter in the slightest degree my determination that for the remaining sixteen months of my term these policies shall be preserved in unswervingly." San Francisco Banks Are In Good Condition. San Francisco. Banking and finan rial conditions in this city are report No failure has oc fid as excellent. curred on 'change, and none Is anticipated. The movement of crops is in active progress, and n a consequence the volume of money in circulation has been increased by withdrawals from the banks during the last thirty lays. The shortage of cars has do laved deliveries and the return of money to the banks, therefore, will lie slow. However, the supply of money is ample for all purposes. HEALTH GUARD ORGANIZED. Fear Bubonic Plague. Canadians Which Has Appeared at Seattle. Ottawa. Out. Dr. Mnntixambert, dl rector g' neral of the public health, has :cen Instructed by Sydney Fisher to leave for the Pacific coast and dirert arrangements for the sanitary protection of the Dominion against the bu bonlc plague, which Is said to have A made its appearance at Seattle. health guard has already been or ganiited and port and frontier Inspect-orhave been appoint by telegraph. New York. John D. Rockefeller has taken an active interest in the present financial situation, and he has to arranged to loan very large sums insti- a number of New York financial tutions. "I think," said Mr. Rockefeller, in an interview, "that the existing alarm among investors is not warranted, and I hope the good common sense ot the American people will control the sR- uation; personally I have absolute faith in the future of values of our securities and the soundness of underlying conditions. "Instead of withdrawing any of my money from the banks, I am ating with others in helping to meet that which I firmly believe to be only a temporary crisis. Every one having the good of his country at heart should by word and deed lend a hand now to confidence, and I propose to do my part to the full ex tent of my resources." J. Pierpont Morgan and James Still- man, president of the National City bank, made a call upon Secretary Cor hotel on telyou at the Manhattan Wednesday. Mr. Morgan declined to say anything regarding his Visit to Mr. Cortelyou or to discuss the finan cial situation in any way. tone A distinctly more favorable was evident in Wall street Wednes afternoon, following the an day nouncement that Secretary Cortelyou of the treasury department had made deposits of government funds in New York banks. The stock market had been holding better all day than had been expected, and the fact that the Trust company of America had with stood the rush of depositors to with draw money for four hours without difficulty was an additional encourag lng factor. co-op- FAILURE IN PITTSBURG. The Reynolds Failure at Valdez, Alaska, Threatens to be Productive of Trouble. No Money to Pay Off the Working Men, and Half the Business Men of the Town Are on the Verge of Financial Collapse. Seattle, Wash. Cable advices re ceived here from Valdez by local Alaskans are to the effect that instead of the situation due to the failure of the Roynolds bank being cleared, complications have so thickened that there la danger of a riot and the destruction o property. No money has been received at Valdez to pay off the 600 employee of the Alaska-Nomrailway, who are without means to secure food and shelter, and the Reynolds Alaska Development company affairs have become so complicated that it is expected half the town will have to pass through the hands of a receiver. It has developed that Reynolds ha4 branch offices in New York, practically all the New England states, Wisconsin, Iowa, Nebraska, Maryland, Georgia and Louisiana in the south. e GOLD AND SILVER OUTPUT. Increase in Output of Yellow Metal In 1906 Over Preceding Year. Washington. George E. Roberts, who retired from the position of di rector of the mint on August 1, 1907, has completed a compilation of th statistics on production of gold and' silver In the various states and territories of the United States for the calendar year, 1906. Mr. Roberts estimates the production of gold in the United States during the calendar year 1906 to have been $94,373,800, as against $88,190,700 for the calendar year 1905, a net gain in 1906 of The principal gain was in Alaska, which amounted to $6,439,500. Nevada's gain in gold was $3,919,500, Oregon, $75,200, Tennessee $22,300, Arizona $55,800, and Virginia $5,300. The greatest loss of gold in any state was in Colorado, where there was a The next decrease of $2,766,700. largest loss was in Montana, $367,900. California lost $364,200; Washington, $267,000; Idaho, $300,000, and Wyoming, $18,000. The total number of fine ounces of gold produced was Electric Company in Westlnghouse Hands of a Receiver. Pittsburg. A flurry in local flnan cial circles, caused by the embarrass ment of four concerns of the Westing house interests, was quickly ended here on Wednesday by the prompt ac tion of the Pittsburg Clearing House association and the Pittsburg stock Elec exchange. The Westlnghouse trie Manufacturing company, the Westinghouse Machine company,- - and the Security Investment company, a holding company for the Westing- I house company, are In the hands if v The total production of silver in the. a receiver apointed by Judge Ewlng, of the United States circuit court. A United States during the calendar fourth concern, the Nernst Lamp com- year 1906 is given as 66,517,900 ounces of the commercial value of $38,256,400, pany, was turned over to receiver as against 56,101,600 fine ounces of Thursday morning. the commercial value of $34,221,976 in 1905. The net gain in the production NEVADA BANK CLOSED. of silver during the calendar year Was Unable to Realize on Stocks 1906 in Arizona was 363 500 ounces; Idaho, 710,600; California, 435,500; Taken as Security for a Loan. and Utah, 1.1 88.200. The loss In the Reno, Nev. The State Bank & production of silver during the year Trust company, with headquarters at in Montana was 914.400 ounces, and Carson and branches at Goldfleld, in Colorado 495,400 ounces Manhattan and Blair, closed its CONSUMPTION OF MEAT. doors Wednesday morning. The state bank examiner is in charge. The difHas Declined in the United States in ficulty Is due to inability to realize on Last Seventy Years. stocks placed as security for a $400,-00loan made by the Sullivan Trust Washington. A capital of $10,625,company last year. T. B. Rickey, 000,000 is directly concerned in the president of the bank, is one of the of meat animals and their wealthiest men in the state, and the raising and packing, according to slaughtering bank assets are thought to exceed the on meat a supply issued by the report liabilities. No fear is entertained that This of agriculture. department will a cent. lose depositors as large as all amount is the capital invested in manufacturing SHOOTS FORMER JUDGE. In 1904. The stock of meat animals has inrreased since 1840, but has not Old Resident of Wyoming Central Figkept pace with the increased popula ures in Tragedy. mat meat tion. The report adds: Laramie, Wyo. William Lepher, for consumption per capita has declined thirty years a resident of this city, in this country since 1840 is piamiy Indicated." on Wednesday afternoon shot and seratC. W. an wounded Bramel, iously Auto Struck Trolley Pole. torney and former judge of the disPontiac, Mich. In an automobile trict court, a moment later killing here Harry Wood, aged 40, accident his himself by sending a bullet into and Karl E. Smith, an auto killed was brain. for a local factory, had tester mobile holes three bullet Bramel has through Smith was broken. arm his right and his face, both jaws are broken, his organs of speech are affected, but driving home when Wood and three his physicians believe he will recover. other men asked for a ride. Smith Lepher some months ago lost a suit took the men into his machine. While in the courts of this state, some prop running about forty miles an hour the automobile began skidding and Wood, erty he owned having been sold under He went to uramei b mortgage. unaccustomed to riding in a machine, him evidently in an effort to get became frightened and grabbed the to bring suit for the recovery of the controller, swerving the machine Into property, the shooting following. the ditch, where It hit a trolley pole. ExCourt of German Imperial Secrets Lifer Tries to Commit Suicide. pected to be Uncovered. Lake City. Yielding to despair Salt action libel brought by Berlin. The of a life sen General Count Kuno von Moltke after serving ten years John Douglas, a convicted murtence, of editor Maximilian Harden, against almost Die Zukunft, a free lance polemical derer la the state penitentiary, his life by stabin succeeded ending extreme an of and organ long weekly, radical opinions, began here on Wed- bing himself, and is now in a serious nesday before Justice Kern. The pub- condition in the prison hospital. Dong Ten lic awaited the trial with extraordias was an Ogden blacksmith. nary Interest, because It was believed years ago he killed his wife, and was that many secrets of the Imperial sent to the peniteniary for life. He court would be drawn from the dis- was given work In he prison black-smlatinguished persons summoned to the Should Douglas recover, trial, some of whom are members of he will shop. for life. a be cripple the imperial entourage. Hisses For President Small. Germany Wins Balloon Race. Sylvester J. Small, for Chicago 8t. Louis Proclaimed as the most Te- remarkable balloon contest In the his- mer president of thewasCommercial and hissed union, egraphers' with tory of the world's aeronautics, eered by 600 members of the Chicago every' racing record broken, the seclocal union before whom he appeared ond international cup competition, afternoon In an effort to jus Sundny which started from here on Monday to end the in last, ended on Wednesday with Ger- tify his action a seeking of thise pros. third strike. laurels. Nearly the accorded winning many The finish of the race was the closest ent left the fall after shouting Insults end most exciting the followers of the at their deposed leader. When order Another had been restored, action was taken sport have ever known. German balloon, the DitBssldorf, Increasing the assessment upon leased stands third in the race. American wre operators for the benefit of the entries aro fourth and fifth. strikers. Ton-opa- 0 five-sixt- h |