10761. Lincoln Trust Company (St Louis, MO)

Bank Information

Episode Type
Run Only
Bank Type
trust company
Start Date
October 27, 1903
Location
St Louis, Missouri (38.627, -90.198)

Metadata

Model
gpt-5-mini
Short Digest
c291d80c

Response Measures

Accommodated withdrawals, Public signal of financial health

Description

Multiple contemporaneous articles (Oct 27–28, 1903) describe a run on the Lincoln Trust Company (along with other St. Louis trust companies) triggered by a groundless rumor from Chicago. The institutions met demands, waived the 30/60-day notice clause and paid out funds; banks remained open and the disturbance subsided the same day. Date chosen (1903-10-27) reflects reports saying the run began Oct. 27.

Events (1)
1. October 27, 1903 Run
Cause
Rumor Or Misinformation
Cause Details
Disquieting groundless rumor from Chicago that savings institutions in St. Louis were unsound (rumor about Mississippi Valley directors being refused a $2,000,000 loan); later pronounced a canard.
Measures
Waived 30/60-day notification clause and paid demanded amounts promptly; banks received and displayed shipments of cash; officials made public assurances and declined outside offers of assistance.
Newspaper Excerpt
With a rush the corridors of the Lincoln Trust Company ... were filled with men and women, all eager to withdraw their money.
Source
newspapers

Newspaper Articles (12)
1. October 28, 1903 Evening Star Washington, DC
Article from Evening Star, October 28, 1903

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RUN ON ST. LOUIS BANKS. Started by a Groundless Rumor From Chicago. A dispatch from St. Louis, Mo., yesterday says: From shortly before 1 o'clock today until the closing hour-3 o'clock-runs were made on the savings departments of three banks of St. Louis, and at the same time more than the ordinary amount of withdrawals by depositors were noticeable in the other banking institutions. The run, so far as it can be traced, was started by a disquieting rumor from the outside that seemed to strike St. Louis shortly after noon, to the effect that the savings institutions here were unsound. With a rush the corridors of the Lincoln Trust Company, the Mercantile Trust Company and the Mississ ppi Valley Trust Company were filled with men and women, all eager td withdraw their money. The scene n any one bank was duplicated in the other two. A line of people with bank books in their hands and faces eagerly scanning the little barred windows of the bank tellers stretcred out into the street, and interm ngled were policemen and bank officials counseling calmness and giving assurances of solvency. It is stated that the rumor that started the run came from Ch.cago and was to the effect that two directors of the Mississippi Valley Trust Company had recently endeavored to negotiate a loan of $2,000,000 in that city and had been refused. Today this rumor was pronounced an absolute canard by the directors concerned.

2. October 28, 1903 Daily Kennebec Journal Augusta, ME
Article from Daily Kennebec Journal, October 28, 1903

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BANKING PANIC. Runs on Three of St. Louis Prominent Institutions. Foolish Rumor That Banks Were Unsound Started the Trouble. No Disorder, All Claims Met and Banks Still Open. St. Louis, Oct. 72.-From shortly before 1 o'clock, today, until the closing hour, 3 o'clock, runs were made on the savings departments of three banks of St. Louis, and at the same time more than the ordinary amount of withdrawals by savings depositors. were noticeable in the other banking institutions. The run, so far as it can be traced, was started by a disquieting rumor from the outside that seemed to strike St. Louis shortly after noon, to the effect that the savings institutions here were unsound. With a rush the corridors of the Lincoln Trust Co., the Mercantile Trust Co., and the Mississippi Valley Trust Co., were filled with men and womn, all eager to withdraw their money. It is stated that the rumor that started the runs came from Chicago and was to the effect that two directors of the Mississippi Valley Trust Co. had recently endeavored to negotiate a loan of $2,000,000 in that city and had been refused. Today, this rumor was pronounced an absolute canard by the directors concerned. As soon as the runs started every facility was afforded for the prompt payment of deposits. The privilege of withholding payment for 60 days after notification was waived and amounts were pàid rapidly, regardless of their size. There was no disorder manifested and in many cases depositors decided not to withdraw their accounts after conversing with the officials. Before 3 o'clock, the run had ceased. The presidents of the different national banks issued a joint statement in which they said that the banks of St. Louis were all perfectly solvent and amply able to liquidate all demands. All the banks closed at 3 o'clock, the usual hour for closing, and announcement was made that they will open, tomorrow morning, as usual and will meet all demands made.

3. October 28, 1903 The News & Observer Raleigh, NC
Article from The News & Observer, October 28, 1903

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RUN ON THREE BANKS St. Louis Institutions Stand Firm Against Pressure Started by Rumor. (By the Associated Press.) . St. Louis, Mo., Oct. 27.-From shortly before one o'clock today until the closing hour, three o'clock, runs ere made on the savings departments of three banks of St. Louis, and at the same time more than the ordinary amount of withdrawais by depositors was noticeable in the other banking institutions. The run, SO far as it can be traced, was started by a disquieting rumor from the outside that seemed to strike St. Louis shortly after noon, to the effect that the savings institutions here were unsound. With a rush the corridors of the Lincoln Trust Company, the Mercantile Trust Company and the Mississippi Valley Trust Company were filled with men and women all eager to withdraw their money. The scene in any one bank was duplicated in the other two. A line of people with bank books in their hands and faces eagerly scanning the little barred windows of the bank teller's stretched out into the street and intermingled were policemen and bank officials counselling calmness and giving assurances of solvency. It is stated that the rumor that started the run came from Chicago, and was to the effect that the directors of the Mis sissippi Valley Trust Company had recent ly endeavored to negotiate a loan ol $2,000,000 in that city and had been refused. Today this rumor was pronounced an absolute canard by the directors concerned. As soon as the runs started all other business was laid aside and every facility was afforded for the prompt payment of depositors. The clause which gives the

4. October 28, 1903 Lewiston Evening Teller Lewiston, ID
Article from Lewiston Evening Teller, October 28, 1903

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WAGONS OF GOLD IN FRONT OF BANKS Runs Continue at St. Louis Amid the Most Intense Excitement and Police Helpless to Control Crowds sight and regular depositors upon de(Special Telegram to Evening Teller.) mand. ST. LOUIS, Oct. 28.-At noon today The excitement is spreading to other the police are unable to handle the exbanking institutions, and a `number of cited mob gathered about the enpeople are gathered about the corritrances to the Mississippi Valley bank dors of the different banking houses of and the Mercantile Trust company. the city. The mob became unmanageable and The run began yesterday and conthe police finally succeeded in locking tinued until closing time in the afterthe doors and admitting but a few peonoon. ple at a time. Many women are in the crowds and Shortly after 11 o'clock this mornin many instances they have been ing several wagons loaded with gold were brought to the front of the buildtrampled under the heels of the excited ing and men began carrying the money mob and their clothing torn. into the banks. This, however, had Men and women are fighting for adbut slight effect upon the mob and the mission to the buildings and at noon demand for its money continued. today the police lost control of the mob. The fact that the Mississippi ValThis morning a long line of people ley and the Merctantile were not able to quell the demand for payment perwas at the doors a long time before the cipitated a run upon the Lincoln Trust opening hour. company, a smaller banking instituBoth banks took advantage of the tion, but so far it has promptly met all demands. thirty-day savings clause but paid all

5. October 28, 1903 The Daily Pioneer Bemidji, MN
Article from The Daily Pioneer, October 28, 1903

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DEPOSITORS START A RUN. Offices of St. Louis Trust Companies Besieged. St. Louis, Oct. 28.-As the result of disquieting rumors a run was started during the day on the Mississippi Valley Trust company, but as fast as the depositors poured in they were given their money without hesitancy. A run was started on the Mercantile Trust company at 1:30 by savings depositors. People suddenly thronged the corridor and in a very few moments a line had been formed from the bank window out to the street. Policemen hurried to the scene and prevented disorder, while within the bank officials mingled with the crowd and assured everybody that deposits would be speedily paid. President Francis of the Louisiana Purchase Exposition company, a director of the Mississippi Valley Trust company, made a speech to the depositors who filled that bank at 2 o'clock in which he tried to reassure them. He said that a committee of three disinterested persons had only recently gone over the books of the company and had not found anything that should cause apprehension as to the stability of that institution. There were no bad investments or loans. He hoped that those who had money in the company's vaults should be calm and reconsider their desire to take it out and not cause any apprehension on the part of the general public. The Mississippi Valley Trust company, he said, was willing and able to pay all who wished their money and waived its right to take advantage of the sixty-day clause. At the Lincoln Trust company's offices a long line of depositors stood before the paying teller's window and as fast as they presented their books the money demanded was paid out. A great many women were noticeable among the depositors, many of whom were clerks in department stores.

6. October 28, 1903 Rock Island Argus Rock Island, IL
Article from Rock Island Argus, October 28, 1903

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Three Financial Institutions are Involved. RUN CHECKED TODAY Notice Demanded for Withdrawal of Deposits. St. Louis, Oct. 28.-Long before the doors of the Mississippi Valley, Lincoln Mercantile and Missouri Trust companies opened today there were long lines of depositors assembled awaiting the beginning of the day's business. Small groups stood before the savings institutions when the doors Most were depositors opened. working of people the anxious whose were not to the taken last savings action heavy. night by Owing officials of trust companies in requiring 30 to notice of draw the were 60 the days' funds, depositors intention to with- not able money. The trust have also to companies to get any decided before not pay certificates of deposit maturity. Early Crowds Leave. At the various institutions named officials stated to the Associated current are being and as as ble. Press received The that early crowds paid accounts which fast throng- possied and a in soon out, many [ the the line doors thinned fought for notices place depositors taking their blank of withdrawal home. The officers of the different institutions made to the and depositors reassuring before their speeches doors this helped to send others away. The arrival of several boxes of gold and silver in express wagons guarded by armed officers seemed to restore a degree of confidence in the crowd before the Mercantile Trust company building. President Walsh. of the Mississippi Trust company, stated he believed the excitement is about over. Drawing on New York. New York, Oct. 28.-St. Louis continues to make demands on this center for cash. The sum of $600,000 was sent by telegraphic transfer from the sub-treasury today. Direct shipments of about the same amount were made by local banks last night. Started by Disquieting Rumor. St. Louis, Oct. 28.-From shortly before 1 p. m. until the closing hour at 3 p. m., runs were made in the savings departments of three banks of St. Louis, and at the same time more than the ordinary amount of withdrawals by savings depositors were noticeable in the other banking institutions, The run, SO far as it can be traced, was started by a disquieting rumor from the outside that seemed to strike St. Louis shortly after noon, to the effect that the savings institutions here were unsound, and like a prairie fire it spread in a flash through the streets, and different mercantile establishments whose employes represent the majority of savings depositors. There Was a Rush to the Banks, With a rush the corridors of the Lincoln Trust company, the Mercantile Trust company, and the Mississippi Valley Trust company were filled with men and women, eager to withdraw their money. The scene in any one bank was duplicated in the other two. A line of people with bank books in their hands, and faces eagerly scanning the little barred windows of the bank tellers, stretched out into the street, and intermingled were policemen and bank officialscounseling calmness, and giving assurances of solvency. Rumor Came from Chicago. It is stated that the rumor that started the run came from Chicago, and was to the effect that two directors of the Mississippi Valley Trust company had recently endeavored to negotiate a loan of $2,000,000 in that city and had been refused. This ru-

7. October 28, 1903 Deseret Evening News Salt Lake City, UT
Article from Deseret Evening News, October 28, 1903

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MANY GOT BLANKS INSTEAD. The Institutions Insisted Upon Due Notice of Withdrawal Being Given. WOMEN WERE ROUGHLY HANDLED Greatest Rush Was to the Mercantile Trust Co., but Others Also Were Well Besieged. St. Louis, Oct. 28.-Long before 10 o'clock, the hour of opening, lines of depositors stretched away from the closed doors of the Mississippi Valley Trust company, the Lincoln Trust company, the Mercantile Trust company and the Missouri Trust company. Small crowds were assembled before the doors of the other savings institutions nearby. It was observed that most of those in line were working people, and many of them women, whose savings were not heavy. Owing to the action taken last night by the officials of the eight trust companies doing business in St. Louis, requiring 30 and 60 day notices of intention to withdraw funds, depositors were not able to get any money. All they could do was to declare their intention of withdrawing their deposits at the end of the time taken advantage of by the companies under their rules. The trust companies also decided not to pay certificates of deposit before maturity. The greatest crowd was before the doors or the Mercanthe Trust company. Locust and Lighth streets, were Jammed for a distance of several hunared feet, and all efforts to keep them clear were practically abandoned, white the police directed their efforts chieny toward maintaining some degree or order at the doors. At 9 o'clock the doors were opened and the crowd surged in with a force that swept aside the lines or police and bank employes formed to preserve a regular line to the windows of the pay. ing teller or the time and open adcounts. Festus J. Wade, president of the Mercantile Trust company, mounten a enair and made an announcement that unless the depositors formed in line they would be ejected from the building. This announcement had the desired effect and some semblance of order was restored. When as many persons as could be accommodated at one time in the banking rooms had formed in the two lines, further admission was refused until some of the first comers had left by a separate door; then others were admitted and forced to keep in line and leave as soon as they had transacted their business. By 10 o'clock the crowd around the building had increased to such an extent that the police were totally unable to control it and the officers stationed at the doors were swept away from their stations almost as rapidly as they could regain them. Women, who, as on Tuesday, constituted a large percentage of the crowd, were crushed in the jam, and in the struggle their dresses were torn and their hats knocked off. The police in trying to handle the crowd pushed many OE them into the gutter, and in several instances personal fights were averted only by interference by cooler heads. At the various institutions named the officials stated to the Associated Press that current accounts are being received and paid out as usual. The early crowds which thronged the doors of the banks gd

8. October 29, 1903 The Birmingham Age-Herald Birmingham, AL
Article from The Birmingham Age-Herald, October 29, 1903

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DEPOSITORS ARE AGAIN IN HURRY St, Louis Bank Officials, However, Say Trouble is Over MANY OFFERS OF ASSISTANCE Expression of Confidence and Such Offers on Part of National Banks Has Helped-Long Lines of Depositors. St Louis, October 28 The statement of President Julius S Walsh of the Mississippi Valley Trust company, whose sentiments are produced in interview given to the Associated Press by other trust company officials of St. Louis that "the situation is thoroughly in hand, "the excitement has subsided, and "from this on we expect business will be conducted in the usual orderly manner, expressed the opinion that seems general tonight, concerning the unwonted financial conditions which prevailed here during parts of yesterday and today. Officers of all the trust companies state that voluntary offers of help were received from financial institutions in New York. Philadelphia, Chicago New Orleans, Kansas City, Boston and many of the smaller towns of Missouri and Illinois, but all were declined for the reason that they had sufficient cash with which to handle their business Expression of confidence and offers of aid on the part of the national banks and financial institutions of St. Louis, has helped to strengthen the situation and restore confidence Lines of Depositors. Just before the hour of opening today the lines of depositors stretched away from the closed doors of the Mississippi Valley Trust company, the Lincoln Trust company, the Mercantile Trust company and the Missouri Trust company Small crowds were assembled before the doors of the other savings institutions It was observed most of that those line were in working people and many of them women whose savings heavy Owing to the action taken last night by the officials of the eight trust companies doing business St. Louis enLoreing thirty and sixty days' notice of Antention to funds, the depositors were not able to get any money All they could do to declare their intentions of their deposits at the end of the time taken advantage of by the companie. under their rules. pay The trust companies decided not to certificates of deposit before maturity Crowd Serges In. doors The greatest crush was before the at of the Mercantile Trust company Eighth and Locust streets. o'clock the doors were opened and the crowd surin with force that swept aside the lines of police and bank employe formed to preserve regular line to the windows of the paying tellers of the time The policemen were unable to handle the crowd and Festus Wade, president of the company, mounted chair and announced unless the depositors formed in line they would be ejected from the building He said was impossible wait in upon them if they insisted in crowding such This had the effect and some semblance of order was restored be the could As as persons the banking rooms had admisformed in two lines, and further sion refused until some of the first entrance; comers had left by separate then others admitted and forced they keep in line and leave soon as to had transacted their business. Many Women in the Crowd. the By 10 o'clock the crowd around an such trust company's building had increased to totally extent that the police were unable to control it. and ficers stationed at the doors the of. away from their were swept stations almost as constituted ly as they could resume them. Women rapidlarge percentage of the Many and crushed in the knocked off dresses were torn and hats jam. crowd The policemen in trying to handle pushed many of the instances personal gutter and in several them into the lights were narrowly averted. opened company When the were doors of the Mercantile Trust street east of the building just across the the while the street it was packed. street, both to the west, and Eighth comparatively clear north and south, were an hour Half later, crowded for however, both streets them keep were clear hundred feet, and all efforts distance to of several ractically wards police directing their efforts abandoned chiefly the doors. the maintaining some degree of order toE. John Davis during the Mississippi Valley second vice Trust president of the morning, made his company, addressed stone steps leading into the way to the follows: the throng assembled bank there and as Bank Official Speaks. of The you anxiety is expressed here by out entirely uncalled for, so many reason. Not one person and withmoney through this trust will lose any shall conduct our business company, and our paid ular to condition "There manner. whatever is whatever. no should change We have in have to in financial our always regin the are going are just soon 'All everyone, open future accounts and will be to be do so paid as will Every other reguday will will paid no they delay. just paid presented which here. paid it falls account due There due. to. is for reason any lar turn. There today in your Your and money invested worry. at it want you in the conyour tract. of no that official positively the Valley Mississippi not do We been need to money. Chicago for money. Trust company We has financially with and everything are splendid shape us I think the is prosperous Lapanxiety preciate every trust your company in same St. Louis. true of that of gentleman this company and officer and assure stockholder you through groundless. :his company.- and you will your lose fears no money Henry M. Meir's of the Henry M. Meir, vice Statement. president

9. October 29, 1903 Daily New Dominion Morgantown, WV
Article from Daily New Dominion, October 29, 1903

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St. Louis-Trust Companies Decline*Offers of Assistance from Other Cities. FINANCIAL FLURRY ABOUT OVER Demands of Depositors Promptly Met. One Institution Closes With Million More Cash Than When Run Began. Others Report Ample Funds. St. Louis, Oct. 29.-The statement of President Julius S. Walsh, of the Mississippi Valley Trust company, whose sentiments are echoed by other trust company officials of St. Louis, that "the situation is thoroughly in hand, the excitement has subsided and from this on we expect business will be conducted in the usual orderly manner," expresses the opinion that seems general, after the unwonted financial conditions which prevailed here. Offiçers of all the trust companies state that voluntary offers of help were received from financial institutions in New York, Philadelphia, Chicago, New Orleans, Kansas City, Boston and many of the smaller towns of Missouri and Illinois, but all were declined for the reason that they had sufficient cash with which to handle their business. Expressions of confidence and offers of aid on the part of national banks, financial and other institutions of St. Louis have helped to strengthen the situation and restore confidence. No Reason for Further Concern. "The flurry is over," said A. A. B. Woerheide, president of the Lincoln Trust company. "Long before our regular closing hour arrived all those who desired their money had received It and departed. There is no reason for further concern." President Julius S. Walsh, of the Mississippi Valley Trust company, said: "There is absolutely nothing in the past or present condition of our company to justify the slightest apprehension. All demands of every kind were met, and we had more cash on hand when we closed than when we opened Tuesday morning." Festus J. Wade, president of the Mercantile Trust company, said: "The Mercantile Trust company received voluntary offers from financial institu tions of New York, Philadelphia, Chicago, New Orleans, Kansas City, St. Joseph and San Francisco, sufficient to pay off every dollar of its deposits at once. All offers, while highly appreciated, were respectfully declined, as we closed the day with over a million dollars more cash than we had when the silly run began." Outside Ald Refused. John W. Harrison, first vice president of the Missouri Trust company, said: "Other financial institutions have placed at our disposal any amount of cash funds that we might ask for in this contingency. We are pleased to say, however, that we have not been obliged to ask any financial aid whatever and have over $400,000 of cash in our vaults and ample funds at our command to meet all our liabilities of every description." G. A. Buder, counsel for the American Central Trust company, said: "Our company is practically unaffected by the flurry. I believe the situation IS clearer and that the worst is over." Lawrence B. Pierce, first vice president of the Commonwealth Trust company, stated that their deposits had been many times the amount of the withdrawals. Henry Koehler, Jr., president of the Germania Trust company, said that nothing of any consequence was drawn out of his institution, and that offers of aid received from other financial centers were thankfully declined as unnecessary. Thomas H. West, president of the St. Louis Union Trust company, stated that the so-called run was past and had done no damage except to depositors who had withdrawn their money. "Only a few of our smallest depositors withdrew their savings and they will be back again said Mr. West

10. October 29, 1903 Durango Semi-Weekly Herald Durango, CO
Article from Durango Semi-Weekly Herald, October 29, 1903

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FOOLISH ST. LOUIS DEPOSITORS ST. LOUIS, Oct. 28.-The Mississippi Valley and Mercantile Trust companies today demanded of depositors a thirty to sixty-day notification of intention to withdraw deposits. Long lines of depositorrs are awaiting the opening of the doors of the two institutions. Some small crowds are also assembled in front of other banking institutions in the city. Fifteen policemen kept order in the crowd around the Mercantile Trust company's offices. A number of men prominent in financial circles advised the crowd to be calm and declared the money of the depositors was safe. The runs started, it is charged, through rumors set afloat for revenge by eastern brokers whose appeals for loahs had been refused. Despite the fact that several boxes filled with currency and guarded by armed men was unloaded at the Mercantile Trust company's offices, the crowd was 80 dense at noon that the police were helpless and many women and children were crushed in the immense throng that surrounded the offices. The Mississippi and Lincoln companies locked their doors later and admitted only a few at a time.

11. November 5, 1903 The Hocking Sentinel Logan, OH
Article from The Hocking Sentinel, November 5, 1903

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RUN ON ST. LOUIS BANKS. Demands Are Promptly Met by Institutions Affected. From shortly before 1 o'clock Tuesday afternoon until the closing hour, 3 o'clock, runs were made in the savings departments of three banks of St. Louis and at the same time more than the ordinary amount of withdrawals by savings depositors were noticeable in the other banking institutions. The run, so far as it can be traced, was started by a disquieting rumor from the outside that seemed to strike St. Louis shortly after noon to the effect that the savings institutions there were unsound, and like a prairie fire it spread in a flash through the streets and different mercantile establishments whose employes represent the majority of the savings depositors. With a rush the corridors of the Lincoln Trust Company, the Mercantile Trust Company and the Mississippi Valley Trust Company were filled with men and women, all eager to withdraw their money. The scene in any one bank was duplicated in the other two. A line of people with bank books in their hands and faces eagerly scanning the little barred windows of the bank tellers stretched out into the street and intermingled were policemen and bank officials counseling calmness and giving assurances of solvency. St. Louis bankers and trust company officials with one voice lay the blame for the runs on Chicago stock brokers, whom they accuse of deliberately circulating malicious and utterly unfounded rumors concerning St. Louis financial institutions for the purpose of depressing and "bearing" the stock market. As soon as the runs started all other business was laid aside and every facility was afforded for the prompt payment of deposits. The clause which gives the bank the privilege of withholding payment until sixty days after notification was waived and amounts were paid rapidly, regardless of their size. There was no disorder manifested at any of the institutions, and in many cases depositors who had hurried to withdraw their money departed without it after having conversed a few minutes with the officials. The directors of the different trust companies at meetings Tuesday night decided to enforce the thirty and sixty-day notification clause in an effort to stop all tendency to a continuation of runs.

12. November 5, 1903 The Bamberg Herald Bamberg, SC
Article from The Bamberg Herald, November 5, 1903

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Cream of News. Brief Summary of Most Important Events of Each Day. -Four men lose their lives in the wreck of a freight train at Besemer City, N. C., on the Southern railway. -President MacRae, of the board of trustees of the Southwestern Presbyterian university, at Clarksville, Tenn., in his annual repert opens the fight against the proposed removal cf the university to Atlanta. -The betting in New York is in favor of McClellan for mayor. Heavy sums have been wagered on the democratic candidate. -The navy department has issued hurry orders to the cruiser Baltimore to proceed to San Domingo, where a revolution is in progress, to guard American interests. -Addressing an audience in Madison Square Garden Dowie said that elections went in Chicago according to his orders and that in five years he expected to dominate the elections in New York city. Secretary of the Interior Hitchcock says that, while there have been extensive frauds in the public land department, the sums involved will not reach $18,000,000. He admits several government officials are involved. -There are no developments in the Far East situation, except an editorial in a Russian paper urging the czar to teach Japan a lesson. -Mexican officials deny that the life of President Diaz was attempted. They claimed that the man who fired the shots was drunk and was celebrating. -At a meeting of the citizens of Macon, called by Governor Terrell in the interest of the Georgia building at St. Louis, $3,100 was raised to assist in erecting the structure. -The Eatonton, Ga., cotton mills and electric plant, which have been in the hands of receivers, have been sold to J. B. Floyd and Burke Floyd, of Savannah, for $42,000. -A negro died in Savannah. Ga., Tuesday night after drinking a quart of corn liquor on a wager. He drank it in a bar and walked out and in a few minutes was a corpse. -Mrs. L. Q. C. Lamar, widow of the famous statesman and jurist, died Tuesday night in Macon. Like her 11lustrious husband, she was a native of Georgia. -The Mississippi river convention at New Orleans resolved to ask the United States to take charge of the levee system. -It is reported that the body of young Wentz, the missing Philadelphia millionaire, has been found in Wise county, Va. -Runs were made Tuesday on the Lincoln Trust Cohpany, the Mercantile Trust Company and the Mississippi Valley Trust Company, all of St. Louis. The runs were caused by rumors from the outside. All demands were promptly met. -After a chase lasting fourteen months, and in which two continents were traversed with a detective in pursuit, John Morrisen, assistant cash. ier of the Northampton bank of Lon don, charged with embezzing $60,000, was captured in Chicago. -Arthur Slater, of Acworth, Ga., was married to Miss Nellie Fredricks in jail at Binghamton, N. Y. Their courtship began and was consummated in prison. -The Wesleyan Methodist church of America will not bar the negro from membership, but this action is not to be construed as meaning social equality. -At Guanajuto, Mexico, five shots were fired at President Diaz, who had gone to that city to attend a festival. -Hugh McLaughlin, the leader of the-Brooklyn democracy, declares that he intends to knife the Tammany ticket. -The Dominican government cruis er Independencia is preventing mail steamers entering the ports of Puerta Plata, which is in the hands of the revolutionists. -Sensational developments are ex. pected at a meeting of the creditors of the Southern Car and Foundry Company at Chattanooga, when officials of the bankrupt corporation will be asked to explain certain actions alleged to be irregular. -Mrs. Iverson, of Monterey, Cai., strangled her three children to death, saying that a supreme power had commanded her to kill them. She has long and time for ill had