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The Union Investment Company This Time KANSAS CITY, Mo., January 31.-The Union Investment company of this city is in the hands of the sheriff. The company has a capital stock of $1.000,000. The officers of the company are W. P. Rice, president; H. P. Stimpson, vice president; O.T. Page secretary and treasurer. It has been known for some time that the company was pressed for funds. The failure of the American National bank undoubtedly had much to do with its suspension.
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LATE TELEGRAMS BOILED DOWN FROM PRIVATE, SPECIAL AND OTHER SOURCES. Treasurer of the state land office is short $12,960. The silver pool investigation is virtually closed. Illinois ballots 108 times for senator without result. Reed is sick and Payson, of Illinois, pro tem speaker. Grubble & Co.'s planing mill, Houston, partially burned. The alliance legislature of Kansas defeats woman suffrage. Pittsburg reports no danger of further damage from floods. Herman Seele is commissioned pcstmaster at New Braunfels. Beeville subscribes the amount necessary for a canning factory. Georgia legislature adds $10,000 to fund for confederate mouument. The little streams have all run out and the Ohiois falling at Cincinnati. Captain Fowlks' handsome residence at Bryan burned; loss $12,000 Cash, the murderer of Ed. Young, Dallas, has his preliminary trial today. Senate takes up substitute for house bill on claims for Indian depredations. The Pennsylvania Railway and New York Terminal settle their difficulties. Uvalde locates its mains and fire hydrants and will shove ahead its waterworks. The grave will be guarded after Sherman's burial as it was for Grant and Garfield. Newspapers and periodicals are exempted from the provisions of the copyright bill. Dallas wants a city corporation covering 36 square miles and bones the legislature for it. Salvador and Guatemala are at peace and expect to remain so, at home and abroad. Dr. Mitchell, under sentence for forgery, granted new trial, is out on bail at Fort Worth. Master's report filed in case of Farmers' Loan and Trust versus Texas Western railway. Three lives lost by sinking of the bark Mascot, in New York bay by Lloyd steamer Havre. Barn, six horses, carriage, feed, etc., burned at Decatus; property of Mrs. Halzell; loss $3500. Kensley, commission merchant, Boston, held in $30,000 bonds for defrauding banks of $34,000. Parnell will issue no plan of campaign or manifesto, he will say his say at his public meetings. J. Kenedy Tod and Co. are granted levy on Kentucky Union railway and Land Company for $122,500. Roundhouse in Cypress yards, Kansas city, burned; loss $175,000, which falls on Missouri Pacific. Arkansas legislative committee report treasurer's shortage at $63,740 and recommend his prosecution. House passes Indian appropriation bill and goes into committee of the whole on postoffice appropriation. International copyright bill passes the senate and will now go into the hands of committee on conference. Cotton receipts for the first two days of this week at New Orleans are 22,000 ahead of last year same days. Ex-Governor Foster, mentioned as Windom's possible successor, has gone east on telegram from the president. House coinage committee closes its hearings at noon Friday. This gives opportunity for a pocket veto of the bill. Union Investment company, Kansas City, assigns for the benefit of creditors. Assets and liabilities about equal. The American Loan and Trust, of New York, closes its doors, unable to meet the demand of the savings banks. Louisville and New Albany road say there is no need for a receiver as asked; that the reasons alleged are frivolous. Foreign copyrighted books byAmerican authors come in by payment of duty, but the plates, etc., must be executed here. Bank examiner makes verbal report of the Trust, showing apparent deficiency $656,789, and says depositors will be paid. The transportation companies ask of congress a bill for uniform bill of lading for shippers, and ask hearing before congress. Wm. Connins, car driver, Galveston, run over and killed, while attempting to climb over the front platform of a moving car. Ohio Illinois, Kansas, Missouri, Iowa, Nebraska, Michigan, and Indiana will all be represented military at St. Louis. or by Grand
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BUSINESS REVERSES. A Large New York Concern Closen Its Doors. NEW YORK, Feb. 19.-The American Loan and Trust company has closed its doors. The immediate cause of the fallure was a demand for a large amount of money made by the Savings bank, of this city, which the trust company could not meet. Bank Examiner Preston said: The closing of the bank was brought about by unexpected demands by certain savings banks. The amount which It was asked to pay was beetween $200,000 and $300,000. The company had not this amount, and while the officers were discussing what had better be done, I came here. ascertained the facts, and took possession. When the business was figured up last Friday the assets were $2,168,038; the amount loaned on collaterals was $2,132,450. and the value of collaterals, as figured out, was $1,513,637. The liabilities amount to $2,824,897 and the apparent deficiency is $656,789. Since the suspension, I have been waited upon by influential men and have reason to believe It is possible that certain securities which I estimated at a low figure may be paid in full If this is done. the defielency will be" reduced to $475,000. I believe then the remainder will be made good by the stockholders and the institution may be placed on Its feet. I am confident the depositors will be paid in full. This is One at Kansas City. KANSAS CITY, Feb. 19.-The Union Invest. ment company assigned to-day for the beneft of creditors. The liabilities are about $1,000,000. and the assets. according to the officials of the company, about the same. It is Impossible, they say, to give an exact statement at present. The cause of the failure is given as a difficulty in calling western loans and negotiating paper in the east.
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CLOSED ITS DOORS. The American Loan and Trust Company Financially Embarrassed. NEW YORK, Feb. 19.-The American Loan and Trust company closed its doors to-day. Three savings banks, one in Syracuse, one in Rochester and another outside bank, the names of which are not known, demanded payment of deposits amounting to $360,000. The institution could not pay, and at the request of one of the savings banks the superintendent took possession. This evening Bank Examiner Preston made a verbal statement as follows; "The liabilities amount to $2,824,827; the apparent deficiency is $656,789. Since the company closed the doors to-day I have been waited upon by influential men, and I have strong reasons to believe that it is possible that certain securities which I have estimated at a low figure may be paid to-morrow in full. If this is done we will have reduced the deficiency to $475,000. I believe that the remainder will be made good by the stockholders of the institution, and it may be placed on its feet again. I am confident the depositors will be paid in full. "The papers served to-day for the appointment of a receiver are returnable on Friday, but if the negotiations looking to a revival of the institution appear tangible the court proceedings may be adjourned to enable the officers to carry out their plans. The indications of to-morrow will decide this question." ASSETS AND LIABILITIES EQUAL. KANSAS CITY, Feb. 19.-The Union Investment company has assigned. The liabilities of the company are about $1,000,000, and its assets are an equal amount. The assignment was made for the reason that the company thought it the best way to protect all of its creditors alike. The cause of the failure is given as the difficulty in calling Western loans and negotiating paper in the East. A BANK FAILS. TOPEKA, Kan., Feb. 19.-The John D. Knox & Co. banking house closed its doors to-day. The liabilities are said to be $250,000. The assets are principally land equites, unpaid coupons, bills discounted, tax sale certificates, etc, The total value of the assets cannot definitely be determined, but Mr. Knox claims that at a fair valuation they will aggregate $450,000.
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General. reb. 11.- Columbus, Hocking ley & Toledo passenger train crashed a into a Scioto Valley freight train at near Columbus, O., by a dense the target Charles Botwell and two brothers were probably mouth of fog crossing Engineer Columbus obscuring named lights, fatally of Johnson Ports- and in- of jured, and Mr. Robert McClure O., was less seriously Pittsburg, hurt. Reynoldsville, Near Pa., from Monday Du morning a bowlder rolled Quesne Heights and crashed into a Panhandle express train, breaking one car killing Miss Clara Fleming aged 19 any and seriously injuring several others. years, The drought in central and southern California has been broken by rainfall. S. W. a of Clarks, Neb., was a banker heavy Cowles, arrested wife a for the murder of The Monday visible his supply as by was of a decrease of short Saturday Produce bushsls, time Exchange ago. compiled bushels, 190,873 the wheat, New bushels 23,167, York de2,400,807 a of bushels. demand on the Elgin and 21,420 953 crease and in brisk of corn, 191,144 pounds Butter board cents sold was of ranging from 29 to 26 and 271 cents one year in Ohio have begun a at against Women trade prices Monday, posters. 29) crusade ago. In against obscene theatrical Springfield O., Monday, white paper was pasted over pictures of burlesquers. have Charges of bribery when in office been made against Ignatius Donnelly of cryptogram fame, a suit of damages resulting. The world's fair directors have asked Mayor Cregier of Chicago, for police protection for the Italian laborers at work at Jackson Park. Gibson of the whiskv trust indicted by thestate connection with conspiracy. a statement dynamite for Secretary has his been disclaiming The the trust of alleged Illinois has all of have in Pennsylvania damage issued knowledge Feb. 18.-Floods the plot. done towns, great residents in many places being compelled to abandon their homes. Wrecked bridges and washouts have entirely and stopped or retarded railway travel, Ohio in West Virginia and parts of losses by the deluge will be heavy. The will of the late J. N. McCullough, vice president of the Pennsylvania Railway company. was filed for probate at Pitts- at His estate is valued to $10,000,000. from burg Monday. $3,000,000 Lawle Tuesday Willat Philadelphia Miss Ava was married to John Jacob Astor, and the of were Astor family, are The who died of almost ing from the New bride, the priceless. York, many which jewels remains last said worn Friday, of to gifts ad- by be interred at Arlington ceremonies. miral with were Porter, imposing supreme Tuesday Judge Berkshire, of the Indiana court was reported to bedying Tuesday. The St. Joseph Ballot has suspended publication. At Springfield, nl., the republicans have split badly on the sen- of atorial question. Maj. Änderson for New York has submitted a scheme elaborate naval display to the World's an Fair directors. J. W. Saeter, a pason an Iron Mountain train, besenger insane at Bald Knob, shot and killed Leech and Isadore a The steamboat struck the pier of a ductor drummer. Sherlock came Ark., suddenly and Pullman Meyers, railroad Thomas Con- for bridge just after leaving Cincinnatti lives New Orleans and sank. Three lost. The Union Investment Comwere of Kansas City, filed an assign- Gen pany, on Wednesday at Boston. H. ment H. Sibley, the first Governor af Min- his nesota, died Wednesday morning in home at St. Paul. The Illinois senate, passed the bill making rate of interest per on the Wednesday contract 7 John cent, D. the legal rate 5 per cent. and Knox & Co., bankers of Topeke, Kas., have assigned. Liabilities, $250,000; assets, $400,000. The American Loan in Trust Company closed its doors and New York with liabilities of $2,234,874- The The apparent deficit is $656,789
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JAMES B. KINSLEY, a Boston wool dealer, was held in bonds of $30,000 on a charge of embezzling $34,000 from Boston banks. MRS. JOHN HENRY and her four children and Jacob Enrich were suffocated in a burning building in Brooklyn, N. Y. THE American Loan and Trust Company of New York closed its doors. Depositors would be paid in full. A WHITE man and a negro weretaken from the county jail in Gainesville, Fla., by a mob and hanged for complicity in numerous assaults. FREDERICK THIES. a farmer living in the Salt Creek valley in Kansas, was left $7,000,000 by a brother who died in California. IN a test case in the United States Circuit Court in New York the McKinley tariff law was declared constitutional. THE Union Investment Company of Kansas City, Mo., assigned, with liabilities and assets each $1,000,000. GEORGE J. GIBSON, the indicted secretary of the whisky trust. gave bond in Judge Shepard's court in Chicago in the sum of $25,000. ROBERT MEREDITH, of Center, Wis., has returned from a trip around the world began a year ago. He started with $18 and came back with $5. AT Little Rock ex-Treasurer Woodruff paid into the State Treasury of Arkansas $63,740.50, the full amount of his shortage. RIVERSIDE, a suburb of Parkersburg, W. Va., was destroyed by a flood. No lives were lost. AN express train struck and killed Martha Moore and Sarah Mules (colored) at Lake Station, Md. C. V. McChesney, of Cincinnati, was presented the Wanamaker gold medal offered to the postal clerk in the Fifth division railway mail service making the best record during 1890. THE census bureau announced the population of Tennessee by races as follows: White, 1,332,971; colored, 434,300; Indians, 173; Chinese, 64; Japanese, 10; total, 1,767,518. The population of West Virginia was given as follows: White. 729,262; colored, 33,508; Indians, 8; Chinese, 16; total, 763,794. ANTECO (2:16 14), by Electioneer, was purchased at Lexington, Ky., by S. A. Brown, of Kalamazoo, Mich., for $55,000. A FIRE at Rochester, N. Y., destroyed the Grand Opera-House, valued at $90,000, and damaged the Windsor Hotel $10,000. FIVE horses valued at $10,000 were burned in the barn of C. E. Butler, near Paris, Ky. MRS. JAMES BASS was murdered by Anderson Rosell, a negro, at Bartonia, Ind. She knew of a forgery which Rosell had committed. THE remaius of the late General Sherman were on the 19th borne from the family residence in New York to the depot and embarked on a train for St. Louis. The ceremonies were attended by President Harrison and his Cabinet and many other distinguished persons, and thousands of old soldiers were in the line of march. AT Martin's Ferry, O., an explosion of natural gas in the house of William Kuntz burned nine persons, two of them, Mrs. Kuntz and Miss Graves, fatally. JOHN BULL, an Indian, was hanged by a mob at Battlefield, Miss., for the murder of Ben Pierce, a farmer. A STORM of slee? and snow did great damage to the telegraph service in the Northwest. SIX trainmen were killed and seven injured by a collision of railway trains on the New Haven railroad in New York City. THE Lake Front was abandoned by the world's fair directory. There will not be a building placed upon it and the World's Columbian Exposition will be held in Jackson Park. It was said the expenses of the fair would be $17,625,453, and the receipts were estimated at $21,000,000. IN the United States the business failures during the seven days ended on the 20th numbered 295. against 297 the preceding week and 271 the corresponding week last year. THE Standard Oil Company has purchased 20,000 acres of oil lands in Green County, Pa. This corporation now own nearly all of five counties in Pennsylvania. WILLIAM McCuBBIN, a wealthy and prominent citizen of Leigh, Neb., and well known throughout the State, shot and killed his wife and his hired man and then cut his own throat. Jealousy was said to have prompted the crime. THE total production of white pine lumber in the Northwest during the past season was 4,068,285,584 feet, an
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General. Feb. 17.-A Columbus, Hocking Valley & Toledo passenger train crashed into a Scioto Valley freight train at a crossing near Columbus, O., by a dense fog obscuring the target lights, and Engineer Charles Botwell of Portsmouth and two brothers named Johnson of Columbus were probably fatally injured, and Mr. Robert McClure of Reynoldsville, O., was less seriously hurt. Near Pittsburg, Pa., Monday morning a bowlder rolled from Du Quesne Heights and crashed into a Panhandle express train, breaking one car any killing Miss Clara Fleming aged 19 years, and seriously injuring several others. The drought in central and southern California has been broken by a heavy rainfall. S. W. Cowles, a banker of Clarks, Neb., was arrested Monday for the murder of his wife a short time ago. The visible supply Saturday as compiled by the New York Produce Exchange was of wheat, 23, 167,953 bushsls, a decrease of 190,873 bushels and of corn, 2,400,807 bushels, a decrease of 191,144 bushels. Butter was in brisk demand on the Elgin board of trade Monday, and 21,420 pounds sold at prices ranging from 29 to 291 cents against 261 and 271 cents one year ago. Women in Ohio have begun a crusade against obscene theatrical posters. In Springfield O., Monday. white paper was pasted over pictures of burlesquers. Charges of bribery when in office have been made against Ignatius Donnelly of cryptogram fame, a suit of damages resulting. The world's fair directors have asked Mayor Cregier of Chicago, for police protection for the Italian laborers at work at Jackson Park. Secretary Gibson of the whiskv trust has been indicted by the state of Illinois for his connection with the alleged dynamite conspiracy. The trust has issued a statement disclaiming all knowledge of the plot. Feb. 18.-Floods have done great damage in Pennsylvania towns, residents in many places being compelled to abandon their homes. Wrecked bridges and washouts have entirely stopped or retarded railway travel, and in West Virginia and parts of Ohio losses by the deluge will be heavy. The will of the late J. N. McCullough, vice president of the Pennsylvania Railway company. was filed for probate at Pittsburg Monday. His estate is valued at from $3,000,000 to $10,000,000. Tuesday at Philadelphia Miss Ava Lawle Willing was married to John Jacob Astor, of New York, and the jewels worn by the bride, many of which were gifts from the Astor family, are said to be almost priceless. The remains of admiral Porter, who died last Friday, were interred at Arlington Tuesday with imposing ceremonies. Judge Berkshire, of the Indiana supreme court was reported to be dying Tuesday. The St. Joseph Ballot has suspended publication. At Springfield. III., the republicans have split badly on the senatorial question. Maj. Anderson of New York has submitted a scheme for an elaborate naval display to the World's Fair directors. J. W. Saeter, a passenger on an Iron Mountain train, became suddenly insane at Bald Knob, Ark., and shot and killed Pullman Conductor Leech and Isadore Meyers, a drummer. The steamboat Thomas Sherlock struck the pier of a railroad bridge just after leaving Cincinnatti for New Orleans and sank. Three lives were lost. The Union Investment Company, of Kansas City, filed an assignment on Wednesday at Boston. Gen. H. H. Sibley, the first Governor af Minnesota, died Wednesday morning in his home at St. Paul. The Illinois senate, on Wednesday passed the bill making the contract rate of interest 7 per cent, and the legal rate 5 per cent. John D. Knox & Co., bankers of Topeke, Kas., have assigned. Liabilities, $250,000; assets, $400,000. The American Loan and Trust Company closed its doors in New York with liabilities of $2,234,874The apparent deficit is $656,789. The