| OCR Text |
Show 1'IXAXCIAIi TIWUIHjB. Aoolhrr llrritian Hail t'nllatirra and Crralra a Notation In I (nan- rlalClrrlia. TMt 80MMr.nrti.oa. rATiun and son, OUICIOC. A Cron.l Thrcaleni the Inttllnllon Ihe IIIrKllMJ A UeltT llii.lcd.. ISfrlam I'roMtm. flj Ta errmh In laa lawa.l t ui.tiii.tr. I'lnanelal ll.a.lee -lnleldaa.-4 Ilia. tie la.U. IlKnuM, Nov. 7.-(Copvrlght by New York Aaeoolated I'reea.J -A a(i' Mtiou wascauml In ilnmcial clrrln toilayby the 4llapo or Ihe banking Institutlcn ol Friedlnn tar Moumicr-feld. Moumicr-feld. riieu.usl acvoveur eacllemen. among the creditor, occurred around Ihe ullov, aud the iffect maybe lui-msglue.1 lui-msglue.1 wheu It waa announced that the loadliiit -arly lu the concern, lo-Itflherwlth lo-Itflherwlth bl. .on, lial committed, filicide. The failure la kwortitcj with tlm recent suen.lou nf lllrarhfeld A VVo II. Tho fact that IVIedlander Homruerfeld wire flnaiiclally einbar raaanl aud would flii.l tlinfcully In melting their obligations, was known to noino i.ftlii' o r rutin on thu Iloutao hererailyln the day. I.arra forcnl sale, were made, and thla action was vajusly attributed to Ihe looal financial finan-cial troubles. These rales ciutel a geueralnndhinryf.il In .rl, but thobusluiaeof tho u.iy was over U. fore the tragic Incident (f the Ltcslng carter of Ihe bankers becamogoiieialiy known. Aa Ihe facta In Ihe uara Uavelolied, It apprarsd that l'Allll:il ANIIIHIN Mi:r In llielr olllce In the bank tally this n-.ornlng and dl-ou.-td the crlala lu their allalra. A tier talking over tho matter pro and cou, they concludtd that, aa I Icy wero hcindeMly unbar-ra-aevl, they would die. It Is utiifeistood that this resolution to take their owu Uvea waa In a great meaturediietothefict that their arrest ar-rest eat Impcndliig, as Ftllz riommer-feld, riommer-feld, the eon, had become Involved In sitculatlona which were more than likely lo lead to his atrcst on rtcrlmlual charge. Hiring airlvtal at Ihe tied-bton tied-bton that death waa preferable to amtt and illrgiac, both father aud sjii shut Utenitelvte lu the he. J, using revolvers. revolv-ers. When the cletke In thu otllce, alarme.1 at the reports of Ihe pl.tola,ran lo the prlvile i nice, they Mind the falherand son still all re. They wclo coiivated to a hospital In allying condition. con-dition. The firm has boon Ineilatencealong tlmeandhelJa good raltlon In the flnauclal world, rllnca the lllracbfeld i. Wotirf.llununaiiyof Ihe principal t-lleotaof lrledlaiider A rtomruerfelJ, becoming alarmed regarding thettabll-Ity thettabll-Ity of private banking houses. miJe heavy wllhdrawala of their delU. Ilerr Hommrrftld tried to meet the difficulty by attempting to realize on Inveatnienta. These, however, wero lurked up In Induitrlal and other stock., which were not readily marketable. market-able. And eventually It wat found lui-roaelble lui-roaelble fur tliu firm lo meet their engagement.. en-gagement.. Thu beat lnlormed members of the lloursesay they Uo not ei-ct thsl the falloro will rt tl Halt, a period of general gen-eral tllauler, though It It certain to grtally Increase tlm alarm among Investment In-vestment deters, THIS KVK.VINd A I'HOWll AWOIDI.IStl In front of the bank and threatened to carry the bullJlni; hy storm to recover tin Ir securities. I'lio police had great dllllculty In retlralulng tha mob from carrylug their Ihrrals Into execution. Frledlander, the senior and surviving jarlntr, Is staying at Mentorie. A t.legram has been sent summoning hi in lo return lo Ilerllu. Iiwiulrr Into Ihe allalra of Illrsch-feld Illrsch-feld A Wollt nallira tho wont autlcl-lluii. autlcl-lluii. The firm haa been In tmslueta alxtyfour years aud had aa Ita chief Heir Wolll who ocoapled several other lotltlona of tru.t. Ilo was a promt-uent promt-uent society man and lived a life of cstenbitlous wealth, hit household ei .rntia Miming to 4M,(M1 tiurla a year, lledlt little In the apoculatlvu lino until recent years, wheu his pil-Tateoxlravsgauces pil-Tateoxlravsgauces and Iumcii at the gaming table lei to hit embarrassment. Untried to recoup his lcticsthrnuzh dealings on the I'arls and llerlin bjuinv. As n mailer of fact the fltm haa been luaolreut since lli;j. For n iiumlwr of years Wolir hot bleu llvlnit by telling end pawning Ihe .urelh-a ol deiio.lior., working tu connection with Hanker Joseph l.rlii. slcer. It It anerled that WolfT, with all facta lielng knowu to l,elp.lgnr, viAiATt.n a siuiiiiiim tuuer Ihrougli Iilwlger, aud pawntl sure-ttea sure-ttea nf deioaltors aiuounilm- In value lo iW.Ooo iiuikt. Iwlinlger finally went to Ihe wall, and hi. failure hu. tened Ihe downfall of lllrachfcld& Wolff, Among the arlatocratlo creditors of the firm are Prince Henry of i'russla, who losea i')0,UM marks: l'rlncu Uuiillu'rolHclileswIg.llolttein, brother of the i;mprcst of tlermany, 001,(100 marks, and Count lultlchon, a prom luent leader In Oirmau tacitly, 300,-U00 300,-U00 marks. Other mornUrt uf the nrltlocMcy are sovercly lilt, Wolll- la conllnod In Mot bill prison, Ilo Is unable un-able to iiutkn an twllmatu of hi. HaUHItltMi. llu has a uumher of heavy gambling debts. Wolll naaprMldeatof the Itcrourcu Club, an organisation coniiascd nf wealtliy iiaivenuaattil financiers who uroaddlcliHtloreckleisplavlnir, It It reoordud that uikiii the hi of lllu failure of the linn WolfT n fuaed to )lck-up a couple of thousand marks In n bill which he had accidentally drii-ped drii-ped at the gHUibllug table. He lelt the money on the lloor fur the waiters, The Kniiicror dealgut to cleanse high in well at low tot-ltty, aud his good Intentions In-tentions have received an imiKlui from these dlacloaures, IIIR woi.if ot.iitii: IUuiit.il tin Irdimlnj j In auni.uous raiment lu the best Ujxea of the oiient house and, w llh their frail conniAuloiis, tlroro lu barouche, through the Thlergarten. Tho orllceit belonslng to the Ilsrlln and oilier Kirrli'iua, who are following the sime life aa the Wolfl'crowd, haverccelte-l a caution thruush the colonel, uftheli regiment that tho l:mror will wljr them out nf tho army, and use hit lullueuce lo ostracise them In society, unites they meuil llu Ir wayn foithwllh. Tho K.lre conllnuo their efl'ottt to rlacoacluk uiiilli social evil for which llrlllll ll liotorleo-, lajluK promoted thereto by the t-.inia.ror.whn la fully lliitellllluskl to hrillg an vtid t'l this crying cell. Xhey have r-,!U,l lothnlroiiileisorptacl in pttann II) mill, who uetn stlbelallng ntrftu Ihe earning of vkliaie w omen. The move-tiieid move-tiieid Inaugiiratetl by thu l'.mpeifir to aiipre-H the morAlly depravtd cLuwe. eitetjd lo every populous centle ol the inipln . tiik I'Hiini.HH ll A srtmnl'a om: and la ingoing tho attention of the pteetand ilill. Ilellglout pem ad vltar the close scrutiny and npresalon of Immoral dramai; Ihe supervision of Hi singing saloons; the prohibition nf tt.eexotire and ealnof obscene photo-Krai photo-Krai in. plnures, etc. Albeit. Olto, hailing In in (.'hlcavo, but now a bunker In Hiultgeil. ha. brought an action agslnti Heir 1m, editor nf the Onumtrot'i, a taper In this clly, for laibllthlng a rjoramstory nrllote legardlng him. HI net) li.ii illuuar glr.n hy Unlleil HtalM Mlulater l'helpt, at which In-tdin In-tdin mrmiieat and Amarlcsn mrk were Introduced to aerleet circle. In-dim In-dim cornneal hat been booming. The llorilu biktrlra aro unable lo si kly thetleluuiid for various preiiatationsof Indian cor huieal. Ilank Traitl.tr. Iloini.y, Not. ". ('om,,trol!er I.irey said this morning, concerning thu luMlelietl rejairl from Waihlngton, purpjrtluttobe Information ubtninrd nt Ihe cotontrollrr'a ortltv, that lie knows nothing nhatettr enoriilug aiiyiiilioiialuaiikln lloei.m Uln. In Buy irouble. The run at tho lire cent aavlnra lank has endnl. Thouiat Dint's ball has bean reduced re-duced to Jl),li, and LouiJtiutii teciireJ. I,acey, IIia:ulner r.ttrr and a majority ma-jority ur the clearlug-houae coainilllre aiy that they know of no flnauclal troulle In llo-ton outalde the Mavetlck bank, and there Is noexaralnttltn In progreaaof aur Institution other than the Matcrlck by the comptroller, examlntr and coniinlttee. bmitki) Mint tiik i i'm. ItANsAHCirr, Nov. 7. Tho Maine lUtiAlug compmy did not oped IU doora lur biitlntet this m irnlng. The I r. ahlent ol Ihe ban Is A. V. IlUnch. srd, who Is also manager (.radically cf ibo whole bank. Illauchard null the law bualnrsa here a jnr ngo, went eettaul aecunnl t40,lal capital Willi tt h Ich lo start the lunk, ami organized n comimny with thefolliwlng direct, tori: A. F. lil.nrhnrd, Horatio lllark of Maine; It. A.II.rdlmr of lllickatoi'e, lll.,Caplila 1'. II, Watts efnl Vf. U. Ilirry. Illancliard lelt lor tho rut some day. ago, uu( It now supueed lo If lu Canada. Ills continued ab. ..ace caused lineaaluew atuoog the bink'a ofllcor., and, nl a iiiettluz ol the illrectora today, III.ANCIIAHIl'l AllltUT 1VA OlllllllIKO by telegraph. He la rbirged with forgery and nnilKldrneiit. 1'ho directors dir-ectors charge tint Ihe whole capital of the bank la mlaalng. Horatio Cltrk chargea that Illancliard sold blui a niece of properly here which he (lllinchird)dld not own, dellvrilug to him a fort-ed warranty deetl. 11. A. Hnrclugchnrgea tint lie sent o large sum ol money ,i Illancliard lu be I loaned, and Illancliard tent him forced aecurltle., appropriating the money to I his own use. Lawyer liiircock amlaii attorney Tor Hates College charges that tlO.UW was recently sent to lllinchsrd by thot'ollegufor Invest, menl aud no trace of the money call I -a found. Aitelliee llauk Huaptude. I'jTTsimim, Nov. 7. The UiraiMe 7VfcraniCorrcyrclal says: A seu. ealloii wai created hero this morning hy tho suspension of the Corny National Na-tional bank. The news spread quickly quick-ly and created great surpiiwi ami ta. cltement, as It wu believe J to bo it rfectly wiuud. Inipiliy rovtaled Ihe tact that the lunk had been iloted by order of the tank extmlner. 1'ho cap. IliltlockltJIOJ.Oii). :,-,, statement Is )ot undo pf the liabilities. The de(ialta ate close to fVr,i,XK. Tho failure Is due ahnuat niitlrely to Ihe fai t that thu ImiiU has been ui trying try-ing a Urge amount uf paicr tor bual. nets men In thli stctlon, and In the lumber vuuiitry, who have been unable un-able tu redeem tlndr .'Oliipitlona. Tho bank has n btam a here which waa n very Important sourco uf retinue. About a iiuutli ago ihe fouiitio!!i r di--cldtxl that the branch must i lose up u ncn,rJanco with the vllcy not to allow branch lukt to do builntea. Thla would deprive tho main hauk of a larno line of luitlneM, and would butt them seriously lu llielr prosint condition, condi-tion, und It was feaiod ft would cauan a run Ihcy could nut tlamt. The mil, curt say that tl.u drio.ltote.wlll get evtry ttoll-ir owing them. llinOIIKIIlTOS' A lltNl; ATTACICIlll. NlIW Yiihic, Nov. 7.--Tho prwldent of n largo iialluiial bank In this city, which la tho rrlntlial corrosion .Is 11 1 for the l'lratNalioi l llauk of Chlca. go, recrlvel from I,. J. (Uge, Its nre.l. ileul, this) moriili'g tho folloitiiig tele, ittani lu roUtluii t the aiioiiymoua letter piihlltlud sirei'llog tho credit ol thu Chlaigu bins: "Tho writer of the letter ll crtiy or foolishly malicious ani not worllial-teullnn. worllial-teullnn. I notu tost Ihlaiiiorulngnur cash reserve 011 the government baala wat over an per cent, cash means to liabilities." Tint Now York bank ofllcer sild tint ntllve meiiriiros ure ladng taken lode-let lode-let t anil laiiilab thuaulhor or the let ler to the fullest exteut of the law, "Such an nltack on the credit of n financial Inelltutlon like tho First Na-tlontlof Na-tlontlof lhlt-ago,"lie added, "la nn nutrage. The bank Is aa sound aa thu Ilinkof Knglaml." Xarllitteal letrllorr lllerllniia. .Winmiiixi, Man., Nov. 8.TI10 Norllntfst aaaenii'ly elcclloija wero held ysaterilay. Dispatches) up to to-tonlllt to-tonlllt Indicate Ihe election of twenty llceiisomen and two prohlbltlooUu. 1 ourdl.trlcts ate not vet beaid frooi. |