1047. Cosmopolitan Savings and Exchange Bank (San Francisco, CA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
December 19, 1877
Location
San Francisco, California (37.780, -122.419)

Metadata

Model
gpt-5-mini
Short Digest
9e6e02fa

Response Measures

None

Description

Multiple contemporaneous dispatches (Dec 19, 1877) announce the bank's suspension. A suit was filed seeking a receiver and the court appointed P. J. Kennedy as receiver, with articles stating the corporation had no capital stock and was insolvent. No run is reported in the items — sequence is suspension followed by receivership (permanent closure).

Events (2)

1. December 19, 1877 Receivership
Newspaper Excerpt
H. Wider has filed a complaint in the Twelfth District Court for the appointment of a Receiver for the Cosmopolitan Savings and Exchange Bank, the suspension of which was announced this morning... Judge Daingerfield has appointed P.J. Kennedy Receiver, upon his furnishing a bond of $10,000.
Source
newspapers
2. December 19, 1877 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Articles state the corporation had no capital stock and was insolvent; about $50,000 due depositors.
Newspaper Excerpt
The Cosmopolitan Savings and Exchange Bank announced its suspension this morning. It was a small concern, only about $50,000 being due depositors.
Source
newspapers

Newspaper Articles (11)

Article from New-York Tribune, December 20, 1877

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SUSPENSION OF A SAN FRANCISCO BANK. SAN FRANCISCO, Dec. 19.-The Cosmopolitan Savings and Exchange Bank announced its suspension this morning. It was a small concern, only about $50,000 being due depositors. The directors claim that they will ultimately pay dollar for dollar.


Article from The Cheyenne Daily Leader, December 20, 1877

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Bank Failure-The Water War. San Francisco, Dec. I0.-The Cosmopolitan Savings and Exchange Bank announces a suspension this morning. It is a small concern. About $50,000 is due depositors. The directors claim that they will ultimately pay dollar for dollar. The water commissioners have rejected all propositions for the purchase of the water works outside the peninsula. It is expected that commissioners will be appointed to appraise the Spring Valley property and condemn it for the use of the city.


Article from The Wheeling Daily Intelligencer, December 20, 1877

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California Items. SAN FRANCISCO, December 19.-The Eureka Consolidated Mining Company have declared a three dollar dividend. In a joint session of the Legislature to-day, J. F. Farley was declared elected United States Senator. The Cosmopolitan Savings and Ex. change Bank was announced assuspended this morning. It is small concern, and about $50,000 are due the depositors. The directors claim that they will ultimately pay dollar for dollar. The Water Commission have re. jected all propositions for the purchase of a water works outside of the peninsula. In is expected that a commission will be appointed to appraise the Spring Val. ley property and condemn it for the use of the city.


Article from Eureka Daily Sentinel, December 20, 1877

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PACIFIC COAST. SAN FRANCISCO. ANNUAL MEETING OF THE OPHIR. The Eureka Consolidated $3 Dividend. SUSPENSION OF A SAVINGS BANK. Woodville vs. the Justice. SAN FRANCISCO, Dec. 19. At the annual meeting of the Ophir Mining Company, this afternoon, 83, 340 shares were represented. The usual reports were read and accepted; that of President Weller speaks hopefully of the future, stating that the mine is free of debt and has over $30,000 on hand in coin and bullion. The old Board, with the substitution of A. K. P. Harmon for John P. Jackson, was re-elected. A dividend of 50 cents per share was declared to-day by the Silver King Company of Arizona. The Eureka Consolidated has also declared a dividend of $3 per share; both payable on the 20th instant. H. Wider has filed a complaint in the Twelfth District Court for the appointment of a Receiver for the Cosmopolitan Savings and Exchange Bank, the suspension of which was announced this morning. It is alleged that the corporation bas no capital stock and is insolvent. Its property is valued at about $50,000, consisting of about $6,000 in money, and of promisory notes, mortgages and trust deeds. The plaintiff is a stockholder of the bank, and has brought suit for the protection of himself and other creditors. Judge Daingerfield has appointed P.J. Kennedy Receiver, upon his furnishing a bond of $10,000. Suit was brought to-day in the Fifteenth District Court against Randall and McCann, bondsmen of Tyler, the


Article from The Daily Gazette, December 20, 1877

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GENERAL NEWS. Gardner Mercer, banker, of Genesee, N. Y., has failed. The saw mill of W. A. Simpson, Lockhaven, Pa., was burned Tuasday morning, Loss $15,000. L. B. McFadden & Co., large operators in coal mines at Henry, III., have failed, with $370,000 liabilities, Thos. Rooney's house. at West Point N. Y., was burned Tueeday, and his two children, who were locked in and left alone, perished. The Massachusetts Supreme Court decides that the Boston city council has no authority to make the East Boston Jerries free of tolls. Judge Thomas Shackleford, formerly chief justice of the Supreme Court of Mississippi, died Wednesday in New Orleans, Gen. E. B. Grubb, of New Jersey, defeated H. S. Jaffray, of New York, in a pigeon shooting match for a $250 silver cup at Philadelphia, yesterday, O. F Bullard, State Representative from Delaware county, Pa., was arrested yesterday at Media and held in $3,000 bail for embezzling the funds of the Media Building Association. Catherine Ryne, her four chlidren, and O girl relative aged 14, were overcome by coal gas at the dwelling of Mrs. Ryne, in Boston, Tuesday night, and all died except her, and but slight hopes are entertained for recovery. The Cosmopolitan Savings and Exchange Bank at San Francisco announces its suspension. It was a small concern. About $50,000 are due deposi> tors. The directors claim they will ultimately pay dollar for dollar, One hundred men of the Prince of Wales Regiment, Montreal, went to the scene of the canal strikers' riot at Cote St. Paul yesterday, to preserve order. There were large gangs of men about, but nothing important occurred. At Rockport, Ill,, about two o'clock Tuesday morning, two men induced V. Harris, a prominent merchant, to open his store and sell them a coat for a man who they said had just died. When he opened his safe to get change for a $20 bill they knocked him down and robbed the safe of $7,000.


Article from The New York Herald, December 20, 1877

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SAVINGS BANK SUSPENSION. SAN FRANCISCO, Dec. 19, 1877. The Cosmopolitan Savings and Exchange Bank announced its suspension this morning. 11 was a small concern, only about $50,000 being due depositors. The directors claim that they will ultimately ""Y dollar for dollar


Article from The Stark County Democrat, December 27, 1877

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awaiting trial on the charge of burglary, made their escape this evening by sawing off the bars of the cell and slipping of an unlocked door while the Assistant Sheriff was lighting the gas. Ashland. O., Dec. 14.-Paul Baughman, a young man highly respected here, accidentally shot wih rifle yesterday Wadsworth, Ohio. The ball entered right eye and came out near his right Doctors say he will not recover. George Shafer, who has been the of comfort for years to Akron reporters son as the fountain of items,has been sentenced to the Ohio penitentiary for three years. Cause: concealing stolen goods. Peter Thatcher, of Cleveland, Charles A. Parrott, of Columbus, have and been appointed receit of public works of the state, by the Superior Court of Montgomery county, and their bonds placed at $10,000. The receivers started out Thursday morning to make arrangements for the collection of tolls. A peculiar slander suit has just been commenced in the Common Pleas Court of Morrow county, the plaintiff, Fraziers Clymer, of Bucyrus, Ohio, claiming damages to the amount of $810,000 on account of the circulation by the defendant, Mr. Benjamin Texter, who is one of the wealthiest farmers in Morrow county of the report t the plaintiff was afflicted with a venereal disease. An armed mob took possession of town of Osecola, Mo., Friday night, the Court abstracted all the tax books from and the House. The trouble grew out railroad tax, which had been levied to pay certain judgements against the county for past due interest on railroad bonds. Wilkesbarre, December Saturday eight strikers were tried and convicted of riot. They interfered with the running pumpsat Brig's Scranton,last September. This afternoon Handley sentenced the leader, Thos, Mo. ran, to one year and nine months' imprisonment at hard labor in the penitentiary, five hundred dollars fine and costs of prosecution. Three others were fined ten dollars each and sentenced to three months imprisonment in the county Chicago, Dec. 20.-W. F. Wightman, speculator, filed a voluntary petition bankruptcy to-day. Secured liabilities, in $50,000; unsecured, over $5,000; assets, bout $20,000. James] Campbell and Frank L Campbell, real estate dealers,have failed. Liabilities, $129,000; assets nominal. Besides this James L. Campbell is individually indebted in amounts aggregating over $250,000, and Frank for about $50,000. Eleazer W. Densmere,a member of firm of Field, Densmere & Co., commis- the sion, filed a petition in bankruptcy asked that his partners,George Field Chas. bankrupt. H. Field, may be also ad !judicated Sanford B, Parkhurst also went into bankruptcy. His schedules show his se cured debts to be $6,000, and the unsecured $48,818.82, besides $250,801 on dis. counted paper. Henry U. Darby followed in the same line with $11,955 of secured debt $13,624.90 of unsecured, besides due accomodation paper. No 18.289 assets beyond exemption. Chester, Pa., Dec. 20.-The banking house of George Baker suspended morning. Baker declines to make state. this ment at present, London Dec. -The gable of Milne's Hotel, Edinburgh, which was weakened by fire, fell to-day, burying several sons Three in the ruins. Ten are missing. bodies been recovered, Later-Ten persons killed by fall of the gable of Milne's Hotel, Edin- the burgh, yesterday. Newburg, N.Y., Dec. 19.-Mr. Thomas Mooney's house, at West Point, burned yesterday, and his two children, three and five years respectively, perish- aged ed in the flames. They were locked the house at the time, their parents be- in ing absent. When found the children were clasped in each other's arms,lifeless and charred. San Francisco Cosmopolitan Savings and Exchange Bank ced its suspension this morning. It a small concern, only about $50,000 was depositors. will The directors claim that they hue ultimately pay dollar for dollar. Cincinnati, Dec. 19.-Three men called at the house of V. Harris. a merchanf Rockport, Pike County, Ill., at yesterday morning and induced o'clock him go to his store and sell them a coat for to man who, said, had just died. Harris was unlocking the safe While change the men knocked him senseless to and robbed the safe of $7,000. Toronto, Dec. -Charles E. Williams, the alleged Chicago forger,v remanded till to-day. His $6,000 in bank here,has been enjoined. New York, Dec. 22.-Six steamers this port for Enrope to-day, carrying left large cargoes of grain, fresh meats oysters. The grain shipments amounted to 110,000 bushels. of Philadelphia, Dec. 22.-The assignees the Reading Savings Bank furnish statement to the United States Marshal, which shows the liabilities to be $954,803, and estimated assets $936,798, Paris, Dec. 23.-Proceedings in the Councils General confirm the belief the favor recent elections turned the scale of the Republicans. The of majority in forty-five Councils instead thirty-six, as formerly. Wheeling, W. Va., Dec. 21. -Charles Ervin, an only son, aged 15 while gunning was killed by his gun going out prematurely as he was loading. The trig- off ger caught in his pants and the ramrod and charge tore away one side of his and head. Wm. Lytle, only son of Joseph Lytle, of Copley,had recently gone to Michigan to work in the lumber woods, and was instantly killed by a falling tree. B. E. Smith, surviving partner of the banking house of Bartlett & Smith, Columbus Ohio, has brought suit against at prominent gamblers of that city tore-


Article from The Manitowoc Pilot, December 27, 1877

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THE WEST. A LARGE hord of ponies dashed through Spearfish Valley, near Deadwood on the 22d inst. It is the opinion that they belong to a camp of Sioux located on the Belle Fourche. IT has been decided by the San Francisco water commissioners to proceed to condemn the property of the Spring Valley company, the conference having failed to agree upon a price. ELIAS GREENEBAUM a Chicago banker, filed a voluntary petition in bankruptcy on the 22d inst. His liabilities are over $300,000, and assets about $70,000. The three brothers-Henry, David and Eliasare now in bankrupey, and the German National, German Savings and Greenebaum & Co.'s, are in liquidation or in the hands of receivers. B. E. Smith, surviving partner of the banking house of Bartlett & Smith, has brought suit against prominent gamblers of Columbus, Ohio, to recover about $1,000, which sum it is alleged was lost at play by attaches of the bank in question. When it was known seven months ago the large sums of money were missing from the bank, W. C. Faxon, teller, and Frank McClelland, book keeper, left the bank, and gossip charged them with the loss. Neither of the young men, however, were prosecuted. Eminent legal talent has been engaged by both parties. A VICTORIA dispatch says the excitement over the quartz discoveries at Cariboo continues unabated. Reports of new discoveries are constantly coming in. Business throughout the province has received a great impetus, and extensive city improvements are projected. Ex-MAYOR WILLIAM C. DUNCAN, of Detroit, died on the 19th inst. THE Cosmopolitan Savings and Exchange bank of San Francisco suspended on the 19th inst. THE Indian agent at Camp Thomas, Arizona, reports that Pinonesenay, the leader of the Renegade Apaches is dead. J. T. FARLEY was elected United States senator by the California legislature on the 18th inst. A FREIGHT train on the Ohio and Mississippi road was thrown from the track at Lebanon, III., on the 18th inst. Nobody hurt.


Article from The Lamoille News, January 2, 1878

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SUMMARY OF NEWS. Eastern and Middle States. Thomas Rooney's house in West Point, New York, caught fire during his absence, and his two children, aged three and five years respectively, were burned to death. As John Cronin, child two years old. was coming down the staircase of his father's house in Boston, à lad named Henry Ackers, aged about thirteen, pulled out a revolver and fired at the little fellow, who lived but an hour, The story of the shooting, as given, was told by Mary Cronin, agod six, the victim sister, who was present at the time. A fire occurred in the immense structure occupied by the American Desk Manufactory in New York -one of the largest establishments of its kind in the country and before the flames could be subdued damage to the amount of about $100,000 was done. Mrs. Catharine Ryan, her four children, and R girl related to Mrs. Ryan were suffocated in Boston by coal gas. Shortly after five o'elock in the afternoon a boiler in the cellar of the large wholesale candy factory of Greenfield & Sons, 63 Barclay street, New York, exploded with lond report, and immediately thereafter flames were seen to issue from the building and the front wall toppled in. At the time of the explosion there were over 150 persons in the building, and of these about twenty were taken to the hospitals, suffering from hurns and bruises, while number received fatal injuries. Many of the employes, in their desperate efforts to escape, leaped from the burning building, and it is believed that a large number of persons were buried underneath the falling walls, one corpse, having been recovered but it will take some time to remove the ruins and ascertain the exact number of victims. Before the fire was subdued Nos. 61, 63, 65. 67 and 69 Barclay street were destroyed, and many other buildings in the neighborhood were more or less damaged, involving an aggregate estimated loss of about $400 000, which is nearly all covered by insurance. When the explosion occurred the proprietor of the candy manufactory and his two sons were in the office, and several persons were in the show-room making purchases. Upon these people the disaster came without the slightest warning, and they were surrounded with fire and escaping steam in an instant and barely escaped with their lives. Many persons rushed to the fire-escape and got out in that way, while others in the upper stories escaped by means of ladders. Intense excitement prevailed in the vicinity of the disaster, and thousands of persons on their way home from work flocked to the scene. Two bodies were recovered from the ruins caused by the explosion in the New York candy factory. while the number of wounded reached over forty. Several persons were still missing on the day following the disaster, but the list of dead will not be 80 large as was at first supposed. It was also ascertained that the explosion was not caused by the bursting of the boiler. and the real origin of the disaster is yet to be ascertained. The Union League Club of New York gave reception to President Hayes. About five thousand persons were present, among them being Mrs. Hayes. Peter Cooper, AttorneyGeneral Devens, Secretary of State Evarts and others. The large shoe factory of P. & N. Copeland & Co., at South Braintree, Mass. was destroyed by fire, causing a loss of about $50,000, on which there is about $38 000 insurance. John Van Dyke, a youth of nineteen, was hung at Canton, N. Y., for murdering his wife last July, after having been married to her & week. President Haves and wife assisted at the opening of the American Museum of Natural History in New York Speeches were made by President Eliot, of Harvard College, Professor O. C. Marsh and others, and the museum was formally opened by President Haves. In the evening the President attended the seventysecond annual dinner of the New England Society and responded to the toast, The President of the United States.' Owen Murphy, president of the New York board of excise, twice member of the assembly, absconded with nearly $50,000 belonging to the excise board. He had been expected at a meeting of the board. and when he failed to put in an appearance his colleagues made an investigation, which resulted in discovering that he had drawn from the bank a large sum of public money under his care, besides large amount of his own funds, and then fled. Three Wall street (New York) brokers were arrested as members of a gang of counterfeit ers engaged in extensive forging of railroad and other bonds, large amount of which has been put upon the market. Four men engaged in a midnight quarrel at the corner of Bleecker and Sul ivan streets, New York. and two of them-Herman H. Heterne and Francis Dougherty-were seriously, if not fatally. stabbed. Charles Crutchet and Thomas Greenan were arrested, the former having large butcher knife covered with blood concealed in his sleeve, The town house and Winthrop Church in Holbrook. Mass., were destroyed by fire. Loss, about $75,000; partly insured. About three hundred of the operatives employed in shoe manufactories in Lynn. Mass. struck against a propose reduction of wages. The planing mill of William Pechley at Pottsville, Pa., was destroyed by fire Loss, $25, 000 insurance, $12,000. The buildings of the Union Manufacturing Company at Springfield, Vt., were burned. and a lossincurred of $8,000, on which the insurance is $4,050. Western and Southern States. Two more heavy failures have occurred in Chicago of Kelley, Morley & Co., coal dealers, whose liabilities will reach $300,000, and that of H. W. Wetherell, wholesale-millinery and fancy goods merchant. whose liabilities were also large. Other failures in the West recently are recorded in Henry, III. where L. B. McFadden & Co., heavy operators in coal mines, went under, owing $370,000. and in San Francisco, where the Cosmopolitan Savings and Exchange Bank suspended, owing depositors $50,000. By the explosion of a dynamite cartrige in a tunnel of the Gunpowder Water Works in Baltimore county, Md., Augustus Daniels (colored) was killed, Thomas Porter dangerously and two others slightly injured. The Maryland and Delaware railroad was sold at trustees' sale in Easton. Md., for $94 000, the purchaser being Wm. T. Hart, of Boston. The Indiana Democratic State couvention will 1878. be held at Indianapolis on February 20, R. H. Norfolk was hanged in Annapolis, Md. for the murder of his wife in May last. The murderer killed his victim in order that he might marry her sister, girl of sixteen. Russell R. Peck. of Chicago, lumber dealer $65,000. has failed, with liabilities amounting to over A fire in Toledo. Ohio, damaged the carpet establishment of Messrs. Buckman & Mallet and several other buildings to the extent of about $80,000 partially insured. The Tennessee Senate voted to settle the debt of the State with fifty per cent. bonds, at four, five and six per cent. interest. A San Francisco dispatch says that an en campment of 130 Indians near Janos, Sonoro was attacked by body of Sonoro troops, who were defeated with a loss of twenty sever killed and a number wounded The Indians then stripped the surrounding country'of stock Tolle, Holton & Co., wholesale dry good dealers of Cincinnati, Ohio, have failed for over $300,00. While half asleep Detective William C. Pride of Mempbis, Tenn. imagined he heard burglar at his window. He seized revolver and in at tempting to cock it the weapon went off, the bullet striking his wife and five-months-old child. both of whom died in short time. From Washington. William Poor. aged nineteen, died in Wash ington, of hydrophobia. He had been bitter by small dog eight weeks previous to hi


Article from The Centre Reporter, January 3, 1878

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the State troops and aid in repelling the invaders of American soil. The Democrats of the California Legislature nominated J. T. Farlev for United States Senator, the nomination being equivalent to an election, as they have a majority in both houses. The boiler in the oat meal manufactory of Stewart & Douglass, at Cedar Rapids, Iowa, exploded, causing damage amounting to $20,000. The boiler of the steamer Jesse Taylor, lying at New Orleans, exploded. killing one man and wounding two others. The Texas State troops besieged at San Elizario by a Mexican mob, surrendered, and three men-Howard, Atkensin and McBride-were immediately shot by their captors. The American dairy exhibition opened at Chicago with A display of butter and cheese, all the dairy States and Cana is being represented. The Springfield Savings Bank of Springfield, Ill., has failed. The oyster pungy Sanruel Washington capsized at the mouth of the Rappahannock river. Captain Cephas Bussels and the crew of four were drowned. Two more heavy failures have occurred in Chicago-that of Kelley, Morley & Co., coal dealers, whose liabilities will reach $300,000, and that of H. W. Wetherell, wholesale millinery and fancy goods merchant, whose liabilities were also large. Other failuressin the West recently are recorded in Henry, III., where L. B. McFadden & Co., heavy operators in coal mines, went under, owing $370,000, and in San Francisco, where the Cosmopolitan Savings and Exchange Bank suspended, owing depositors $50,000.


Article from The Abbeville Press and Banner, January 9, 1878

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tion to advocate the express acknowledgement of God in the constitution of the United States, was held in Rochester, N. Y., about two hundred delegates being present. Resolutions in conformity with the principles of the convention were adopted. Thomas Rooney's house in West Point, N. Y., caught fire during his absence, and his two children, aged three and five years respectively, were burned to death. As John Cronin, & child two years old. was coming down the staircase of his father's house in Boston, a lad named Henry Ackers, aged about thirteen, pulled out revolver and fired at the little fellow, who lived but an hour. The story of the shooting, as given, was told by Mary Cronin, aged six, the victim's sister, who was present at the time. A fire occurred in the immense structure occupied by the American Desk Manufactory in New York-one of the largest establishments of its kind in the country-and before the flames could be subdued damage to the amount of about $100,000 had been done. Mrs. Catherine Ryan, her four children, and a girl related to Mrs. Ryan were suffocated in Boston by coal gas. Shortly after five o'clock in the afternoon a boiler in the cellar of the large wholesale candy factory of Greenfield & Sons, 63 Barclay street, New York, exploded with a loud report, and immediately thereafter flames were seen to issue from the building and the front wall toppled in. At the time of the explosion there were over 150 persons in the building, and of these about twenty-five were taken to the hospitals, suffering from burns and bruises, while a number received fatal injuries. Many of the employes, in their desperate effort to escape, leaped from the burning building, and it is believed that large number of persons were buried underneath the falling walls, one corpse having been recovered but it will take some time to remove the ruins and ascertain the exact number of victims. Before the fire was subdued Nos. 61, 63, 65, 67 and 69 Barclay street were destroyed, and many other build ings in the neighborhood were more or less damaged, involving an aggregate estimated loss of about $400,000, which is nearly all covered by insurance. When the explosion occurred the proprietor of the candy manufactory and his two sons were in the office, and several persons were in the show-room making purchases. Upon these people the disaster came without the slightest warning, and they were surrounded with fire and escaping steam in an instant and barely escaped with their lives. Many persons rushed to the fire-escape and got out in that way, while others in the upper stories escaped by means of ladders. Intense excitement prevailed in the vicinity of the disaster, and thousands of persons on their way home from work flocked to the scene. Two bodies were recovered from the ruins caused by the explosion in the New York candy factory, while the number of wounded reached over forty. Several persons were still missing on the day following the disaster, but the list of dead will not be 80 large as was at first supposed. It was also ascertained that, the explosion was not caused by the bursting of the boiler, and the real origin of the disaster is yet to be ascertained. The Un on League Club of New York gave a reception to President Hayes. About five thousand persons were present, among them being Mrs. Hayes, Peter Cooper, AttorneyGeneral Devens, Secretary of State Evarts and others. The large shoe factory of P & N. Copeland & Co., at South Braintree, Mass., was destroyed by fire, causing loss of about$ 50,000, on which there is about $38,000 insurance. John Van Dyke. a youth of nineteen, was hung at Canton, N. Y., for murdering his wife last July, after having been married to her a week. President Hayes and wife assisted at the opening of the American Museum of Natural History in New York. Speeches were made by President Eliot, of Harvard College, Professor O. C. Marsh and others, and the museum was formally opened by President Hayes. In the evening the President attended the seventysecond annual dinner of the New England Society and responded to the toast, The President of the United States. Owen Murphy, president of the New York board of excise, twice member of the assembly, absconded with nearly $50,000 belonging to the excise board. He had been expected at a meeting of the board, and when he failed to put in an appearance his colleagues made an investigation, which resulted in discovering that he had drawn from the bank large sum of public money under his care, besides large amount of his own funds, and then fled. Three Wall street (New York) brokers were arrested as members of a gang of counterfeiters engaged in extensive forging of railroad and other bonds, a large amount of which had been put upon the market. Western and Southern States. The boiler of the steamer Jesse Taylor, lying at New Orleans, exploded, killing one man and wounding two others. The Texas State troops besieged at San Elizario by a Mexican mob, surrendered, and three Howard, Atkensin and McBridewere immediately shot by their captors. The American dairy exhibition opened at Chicago with a display of butter and cheese, all the dairy States and Canada being represented. The Springfield Savings Bank of Springfield, III., has failed. The oyster pungy Samuel Washington capsized at the mouth of the Rappahannock river. Captain Cephas Bussels and the crew of four were drowned. Two more heavy failures have occurred in Chicago-that of Kelley, Morley & Co., coal dealers, whose liabilities will reach $300,000, and that of H. W. Wetherell, wholesale millinery and fancy goods merchant. whose liabilities were also large. Other failures in the West recently are recorded in Henry, III., where L. B. McFadden & Co., heavy operators in coal mines, went under, owing $370,000, and in San Francisco, where the Cosmopolitan Savings and Exchange Bank suspended, owing depositors $50,000. By the explosion of a dynamite cartridge in a tunnel of the Gunpowder Water Works in Baltimore county, Md., Augustus Daniels (colored) was killed, Thomas Porter dangerously and two others slightly injured. The Maryland and Delaware railroad was sold at a trustees' sale in Easton. Md., for $94,000, the purchaser being Wm. T. Hart, of Boston. The Indiana Domocratic State convention will be held at Indianapolis on February 20, 1878. Hilliard Morgan, n mulatto, aged thirty-five years. was hanged in Goldsboro, N. C., for committing a burglary in the house of a wealthy farmer last February and Henry Norfolk was hanged in Annapolis, Md., for murdering his wife last May. his purpose being to marry his victim's sister, girl of sixteen. Russell R. Peck, Chicago lumber dealer, has failed, with liabilities amounting to over $65,000. A fire in Toledo, Ohio, damaged the carpet establishment of Messrs. Buckman & Mallet and several other buildings to the extent of about $80,000 partially insured. The Tennessee Senate voted to settle the debt of the State with fifty per cent. bonds, at four, five and six per cent. interest. From Washington. The naval court of inquiry into the cause of the wreck of the Huron, reports that Commander Ryan was principally responsible for the disaster. William Poor, aged nineteen, died in Washington, of hydrophobia. He had been bitten by small dog eight weeks previous to his death. John A. Jovce. one of the St. Louis "crooked whisky men. convicted and imprisoned during General Grant's second term, has been pardoned by the President. Joyce had served impriso but