11172. Mississippi Valley Bank (Vicksburg, MS)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
November 21, 1883
Location
Vicksburg, Mississippi (32.353, -90.878)

Metadata

Model
gpt-5-mini
Short Digest
c82878d2

Response Measures

None

Description

Newspapers report the Mississippi Valley Bank closed/assigned Nov 21–22, 1883 due to heavy speculative losses connected to A. K. Bonham & Co. A state-court-appointed receiver (Gen. E. S. Butts) took charge Nov. 24; no contemporaneous article describes a depositor run prior to suspension. Thus this is a suspension leading to receivership/closure rather than a run-driven episode.

Events (2)

1. November 21, 1883 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Assignment/closure caused by heavy losses from speculation by affiliated commission house A. K. Bonham & Co. (grain futures) and related firm Halpin & Co.; bank closed and assigned Nov 2122, 1883.
Newspaper Excerpt
Notice posted on the door of the Mississippi Valley bank that the bank was closed and in the hands of an assignee
Source
newspapers
2. November 24, 1883 Receivership
Newspaper Excerpt
Gen. E. S. Butts, president of the Vicksburg Bank, appointed receiver by Chancellor Cowman, filed a bond of $100,000 and took charge of the assets of the Mississippi Valley Bank.22 (Nov. 24, 1883).
Source
newspapers

Newspaper Articles (20)

Article from Daily Globe, November 22, 1883

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A BANK WRECK. The Mississippi Valley Bank Goes by the Board-Some Suspicious Circumstances Connected With its Management. VICKEBURG, Miss., Nov. 21. - -Notice posted on the door of the Mississippi Valley bank that the bank was closed and in the hands of an assignee caused a deep feeling of regret and fell like a thunder clap from a clear sky on citizens generally. The assignment was caused by the failure of O. K. Bonham & Co., of St. Louie, who had been dealing largely in grain futures. President Klein had offers of large sums of money from friends, but would not accepted them. He has a large interest in several steamboats, in the Vicksburg Gas company, the J. J. Bowers Oil company and a mercantile house, besides being a heavy land owner in this and other states and is largely interested in mining stocks. He assigned the entere property to Geo. S. Irving. Klien says the depositors will be fully protected. The assets and liabilities are not definitely known. ST LOUIS Mo. Nov. 21.-A statement in a dispatch from Vicksburg that the suspension of the Mississippi Valley bank of that place was caused by the failure of A. K. Bonham of this city, is denied by that firm. They even say they have no private advices of trouble in Vicksburg. It is learned, however, that the house of John F. Halpin & Co., Vicksburg, the Mississippi Valley bank and A. K. Bonham & Co. are really one concern, and controlled by the same parties. George M. Klein, being president of bank. It is also learned that Bonham has been speculating in grain on his own account and paid individual debts with paper of the firm of Bonham & Co., which was honored by Halpin & Co., and Bonham claims to have done this by authority. It is impossible to get the facts to-night, but indications are that both Bonham & Co. and Halpin & Co. will suspend or assign to-morrow, or within a day or two. MONTREAL, Nov. -The suspension of Sharples, Son & Co., of Quebec, created a great sensation here to-day, and caused a heavy fall in some of the bank stocks.


Article from Memphis Daily Appeal, November 22, 1883

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What the St. Louis Firm Says. Associated Press Report.] ST. LOUIS, November 21. - The statement in a dispatch from Vicksburg that the suspension oi the Mississippi Valley Bank at that place to-day was caused by the failure of A. K. Bonham, of this city, is denied by that firm. They say they have no private advices of trouble in Vicksburg. It is learned, however, that Jno. T. Halpin & Co., of Vicksburg, Miss., the Valley Bank and A. K. Bonham & Co. are really one concern, controlled by the same parties, George M. Klein being president of the bank; it is also learned that Bonham had been speculating in grain on his own account, and paid individual debts with the paper of the firm, Bonham & Co., which was honored by Halpin & Co., and that Bonham claims to have done it by authority. It is impossible to get definite information tonight, but the indications are that both Bonham & Co. and Halpin & Co. will suspend or assign to-morrow, or within a day or two.


Article from Public Ledger, November 22, 1883

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THE Mississippi Valley Bank,at Vicksburg, has been swamped by dealing in futures, and closed doors yesterday, and the people of the vicinity are greatly excited over the event. It was this bank over which John A. Klein presided for many years, but it appears that his son has been President for a period. The liabilities are estimated at a half million, with preferred creditors amounting to $369,550; and the assets are sufficient to cover the amount, when they can be realized on. George S. Irving has been named as Receiver. The bank had a savings department, and it is said that the majority of the preferred creditors are several depositors in this branch of the concern. President Klein has interests in Powers' oil mill, in the steamers Issaquena and Tributary, in gas works and realty, but these will have to be carefully managed, and not hastily disposed of, to yield anything like the amount of original investment. A branch house at St. Louis, known as A. K. Bonham & Co., has been specur lating heavily in grain futures, and Mr, Klein, being a partner, was carried down by Bonham & Co., paying private debts with the firm's paper. Bonham & Co and Halpin & Co., of St. Louis, are expected to make an assignment to day.


Article from The Indianapolis Journal, November 22, 1883

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BUSINESS MATTERS. Failure of the Mississippi Valley Bank of Vicksburg. VICKSBURG, Miss., Nov. 21.-A notice was posted on the door of the Mississippi Valley Bank this morning to the effect that the bank was closed and in the hands of an assignee. The assignment was caused by the failure of A. K. Bonham & Co., of St. Louis, who have been dealing largely in grain fu. tures. President Klein had offers of large sums of money from friends, but would not accept them. He has large interests in several steamboats, the Vicksburg Gas Company, J. J. Powers Oil Company and mercantile house. Beside he is a heavy landowner in this and other States, and largely interested in mining stocks. He assigned the entire property to George S. Irving. Klein says the depositors will be fully protected. The assets and liabilities are not definitely known. A St. Louis dispatch says: "The statement in a dispatch from Vieksburg that the suspension of the Mississippi Valley Bank, of that place, to-day, was caused by the failure of A. K. Bonham, of this city, is denied by that firm. They even say they have no private advices of trouble in Vicksburg. It is learned, however, that the house of John F. Halpin & Co., of Vicksburg, the Mississippi Valley Bank, and A. K. Bonham & Co. are really one concern, controlled by the same parties, Geo. M. Klein being president of the bank. It is also learned that Bonham has been speculating in grain on his own account, and has paid individual debts with paper of the firm of Bonham & Co,, which was honored by Halpin & Co., and that Bonham claims to have done this by authority. It is impossible to get definite information to-night, but indications are that both Bonham & Co. and Halpin & Co. will suspend or assign to-morrow, or within a day or two."


Article from Memphis Daily Appeal, November 23, 1883

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MISSISSIPPI VALLEY BANK. The Condition of Affairs Hourly Getting Worse-Liabilities will Probably Reach $800,000. VICKSBURG, Miss., November 22.-The condition of the affairs of the Mississippi Valley Bank, which failed yesterday, are hourly getting worse. Mr. Klein says the liabilities will probably reach $800,000. Halfin & Co. suspended to-day.


Article from Daily Globe, November 23, 1883

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BUSINESS WRECKS. The Suspension of the Valley Bank of Vicksburg-Tne Great Quebec FailureOther Assignments. VICKSBURG, Miss., Nov. 22.-The condition of affairs of the Mississippi Valley bank, which failed yesterday, are hourly ge ting worse. Mr. Klein says the liabilities will probably reach $8,000,000 The commission house of John"F. Halpin is closed, caused by the failure of the bank. Much distress is caused among women, and the poorer classes, who were small depositors. There is a committee appointed to see if any plan of settlement will be agreed upon. ST. LOUIS, Nov. 22.-A. K. Bonham & Co., still maintain they have not failed, but nothing definite regading their condition or situation of affairs at Vicksburg can be obtained from them. It is learned from Vicksburg direct, however, that John F. Halpin, of Halpin & Co., also one of the partners of the firm here, visited St. Louis some days ago, found Bonham's speculation had involved the house for. a very large amount, and Geo. M. Klein, principal partner in the firm of Bonham & Co ,decided to close his bank at Vicksburg and place all his assets in the hands of an assignee. The property of Mr. Klein's father will also be disposed of the same way. The liabilities are placed at $500,000; assets about the same, but will be slow to realize upon. The amount due preferred creditors is $35,000. A. K. Bonham & Co. established here three years ago as wholesale grocers and commission merchants, have done an extensive order business with the south. BOSTON, Nov. 22.-Copeland & Co., boot and shoes, who failed recently for a large amount,will offer 10 per cent. cash and ten per cent. secured in six months. One of the creditors of the embarrassed sugar dealers, Berry F. Burgess & Sons, filed a petition in insolvency to take possession of the estate. Benjamin F. Burgess was at one time the largest sugar importer in this city. QUEBEC, Nov. 22.--Sharplas, Sons & Co. lumber merchants, apply for an extension of time and expect to secure it. Liabilities $700,000. Union bank stock fell over ten per cent. in consequence of the failure. CHICAGO, Nov. 22.--Horatio G. Billings, lumber, has suspended. Liabilities $100,000; assets $140,000. His money is bound up in Michigan loge, which the low stage of water prevented floating down to market. MONTREAL, Nov. 22.--The Southeastern railway has been seized upon for a claim of $20,000. Arrangements are made regarding the rolling stock. and an effort is making to settle the affairs of Bradley Barlow, Vermont and the Southern rail way. NEW YORK, Nov. 22.-Lndow & Lomas, hat manufacturers, made an assignment of the partnership and property to Theodore L. Jardine. Preferences $22,500. BRIGHT'S DISEASE of the Kidneys, Diabetes and other diseases of the Kidneys and Liver, which you are being 80 frightened about, Hop Bitters is the only thing that will surely a: d permanently prevent and cure. All other pertended cures only relieve for a tIme and then make you many times worse.


Article from The Dallas Daily Herald, November 25, 1883

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Bond Filed--Possession Taken. VICKABURG, Nov. 24.-General E. 87 Butts, President of the Vicksburg bank appointed receiver by Chancellor Cowman, filed a bond of $100,000 and took charge of the assets of the Mississippi Valley Bank. It Is stated that there are about $300 000 of discounted paper in the bank, which is perfectly good, a larger porsion being acceptances of merchants and business men of Vicksburg.


Article from Memphis Daily Appeal, November 25, 1883

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THE BROKEN VALLEY BANK. Gen. E. S. Butts Appointed Receiver to Take Charge of Its Affairs. VICKSBUKG, November 24.-Gen. E. S. Butts, president of the Vicksburg Bank, was appointed Receiver by Chancellor Cowan, and filed a bond of $100,000 to take charge of the Mississippi Valley Bank. It is stated that there is about $300,000 of discounted paper in the bank which is perfectly good, a larger portion being the acceptances of merchants and business men of Vicksburg.


Article from Daily Globe, November 25, 1883

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Receiver Appointed. VICKSBURG, Nov. 24.-Gen. E.S. Butte, president of the Vicksburg bank, appointed receiver by Chancellor Cownan, filed his bond of $100,000 and took charge of the assets of the Mississippi Valley bank. It is stated there are about $300,000 of discounted paper in the bank, which is perfectly good, a larger portion being the acceptances of the merchants and business men of Vicksburg.


Article from The Indianapolis Journal, November 26, 1883

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The Mississippi Valley Bank. VICKSBURG, Nov. 24.-General E. S. Butts, president of the Vicksburg Bank, appointed receiver by Chancellor Cownan, has filed a bond of $100.000 and taken charge of the assets of the Mississippi Valley Bank. It is stated there are about $300,000 of discounted paper in the bank which is perfectly good, the larger portion being acceptances of merchants and business men of Vicksburg.


Article from Oxford Eagle, November 29, 1883

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18 An Irish parish priest, Father 10 Douoy, of Loughrea, on remov 7. ing to another parish, sold his farm to one of bis o-d flock 1. named Dervin. The new priest, in Father Callaban, fancied it, and, the purchaser being unwilling to it give it up, large numbers of 0 people collected and stoned Dervin out of the place, shouting that the priest should have the land. The military were called out and arrests made. The farmers sided with Dervin. The Jackson Ledger says: A few days ago two négroes ( went to Edwards, sold some @ cotton, received their money, I got drunk and started home in 1 a wagon. After driving part of t the way they met two other net groes on the road who asked to be taken up in the wagon, and e allowed to ride part of the way home. While in the wagon the two negroes who had been tak. S en up for & ride attacked the j two drunken negroes with a sling-shot, killing and robbing TO them. No arrests to date. k 1 The Senatobia Record says: o George Smith, Jr. colored, killt ed his father, George Smith, i Tuesday night about 7 o'clock, I on the old Carrington place, I five miles north west of town. It is not yet known what the tronble was. Young George \ was enptured by 10 o'clock 11 Tuesday night and is HOW in jail The Mississippi Valley Bank t at Vicksburg than suspended. The liabilities amount to about five hundred thousand dollars and the assets about the same. f The New Mississippian states t that a land syndicate has purchased 60,000 acres of land in 3 Olay county for seventy-five Y thousand dollars. b ja John Anderson of Tate county had his arm torn to peices by a gin last week. E


Article from Millheim Journal, November 29, 1883

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The bandit Aquero and his followers have left Cuba, it is said, with the acquiescence and perhaps the assistance of the government. The liabilities of the Mississippi Valley Bank at Vicksburg, which suspended Wednesday, will reach $800,000, and may reach $1,000,000. The reported loss of the propeller Manistee on Lake Superior, in the gale of the 18th is confirmed. Her entire crew of twentyfive persons probably perished. Mr. Alfred Mace, son of the celebrated Jem Mace, the champion pugilist of the world, is at present giving a series of evan gelical lectures at Newcastle-upon-Tyne, and draws crowded houses. Five hundred Norwegians and Swedes from Illinois and Wisconsin, who came to this country as immigrants many years ago, left Chicago for New York to return to their native land. This is the second detachment. District Attorney John McKeon died at New York, of pneumonia. Mr. McKeon was at his office on Monday. He was born in New York 79 years ago. He served two terms in Congress, having been elected in 1835 and in 1841. A heavy rain fell at St. Louis Wednesday. The day was the darkest ever known, requir ing the burning of gas throughout the city for several hours. McKenzie creek, in Reynolds county, overflowed, and at Piedmont several houses were swept away, and two W men and three children are revorted drowned. Andy Taylor, the last living of three Tayfor brothers, who murdered two sheriffs and captured a railroad train with one hundred passengers aboard, compelling the engineer to carry them twenty mile, at a dangerously highspeed, about a year ago, is to be hanged to-morrow at Loudon, Tenn. While being taken from Knoxville to Loudon, he slipped a revolver out of the pocket of one of the guards, and though heavily manacled, managed to get the muzzle of the pistol within a few inches of the head of Sheriff Foute, of London, but owing to the fact that Taylor thought the pistol a self-cocker, he was knocked down before he could raise the hammer of the piston. He remarked, "If I had not mistaken the pistol for a self-cocker, you would have got to hell several hours before me." Taylor is but twenty-one years old. A well-to-do farmer near Philadelphia prefers the meat of dogs and cata to beef and mutton, and frequently serves up his butch ared canines and felines on his table: Whether he keeps summer boarders or n ot is not stated Philadelphia Call. At Jackson, Mich., four persons, namely, Jacob D. Crouch, aged 74, a widower: Henry White, aged 38, son-in-law of Mr. Crouch; Mrs. Eunice White, aged 33, daughter of Mr. trouch, all of Summit, and Moses Polley, aged 26. of Transfer, Pa., were found murdered in their beds, all having been shot through the head, just behind the ear. It is supposed they had been chloroformed first. Mr. Crouch was a farmer worth $2,000,000 living seven miles from Jackson, and owner of an extensive sheep ranche in Texas. It is rumored that he had just received about $50,000 from Texas. LONDON, Nov. 21.--Admiral Courbet and Admiral Meyer have, it is announced, carteblanche orders to make a naval demonstralion on the Chinese coast during the attack on Bac-Ninh. It is reported that China has sent fresh proposals to France. The Marquis Tseng yesterday had an interview with M. Ferro. Reports of the hardships endured by De Brazza in Africa have been received. James Davis, secretary of the London and San Francisco Bank, has absconded from London with funds to the amount of £50,000. Twenty-one of the crew and passengers of the French brig Vocaberg have been landed by the American ship Thomas Dana at Fayal. The remainder of crew and passengers, 88 in all, are believed to have been lost. Postoffice inspectors have arrested George D. Bauer, of Portsmouth, clerk on the line between Columbus, O., and Ashland, Ky., charged with embezzling and rifling letters. The main weaving and spinning building of the New Albany (Ind.) woolen and cotten mills have been burned. A hundred twentyfive operatives essaped with difficulty; loss estimated at $140,000. Ex-Senator George E. Spencer, of Alabama, has been arrested at Austin, Nevada, by order of Attorney-General Brewster, for contempt of court for not appearing in the star_ route cases. He left with two deputy marshals for Washington. A special from Batesville, Ark., says: "A cyclone struck Melbourne. Ex-Sheriff John Hinkle and his wife and two children were killed and Mrs. Henry S. Hinkle was crippled. The courthouse, two churches and several stores and houses were blown down. Wm. P. Snyder, at Allentown, Pa., has forwarded his resignation to Attorney General Brewster as special assistant attorney general in prosecuiing election cases in South Carolina. He says the government


Article from Milford Chronicle, November 30, 1883

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NEWS OF THE DAY GENERAL ITEMS. -Very extensive freshets resulting from rains are reported from Missouri and adjacent States, with loss of several lives and great destruction of property. -The pool known as the Consolidated Paper Company, comprising fifty mills throughout the Northwest in Chicago, met and resolved, in view of of the overstocked condition the market, to shut down all the mil's from Dec. 1 to Feb. 4. The mills ave been running on half time since Nov. 1. The closing of them will throw 2,000 men out of employment, and will cause an advance in the price of paper. -Andy Taylor, sentenced to be hanged Friday, while being carried from Knoxville (Tenn.) jail to London for execution attempted to murder the Sheriff who had him in custody. -The constructor and architects of the Michigan capitol, which fell recently, have been severely censured by the coroner's jury. -William McWilliams, a Waterford (Pa.) octogenarian, awoke Wednesday night and found the cold arms of his dead wife clasped around his neck. -A storm in Fort Smith, Ark., caused some damage to property and the death of one man. -The cashier of the Rushford (Ind.) National Bank was shot at his residence by burglar. -James Davis, secretary of the London and San Francisco Bank, has abscouded. He has embezzled £50,000, including 108 Oregon and California Railroad gold bonds of the value of £30,000. A warrant has been issued and £200 reward offered for his arrest. -In New York city Patrick Brady, a well known thief who twice escaped from Policeman Charles Ryan, was pursued by the policeman and shot dead in a hand-to-hand fight. -A special dispatch from Ontonagon, announces the loss of the lake steamer Manistee with all on board. The Manistee had a crew of twenty-five men and twenty-five passengers. She was a regular boat between Chicago and the upper lake ports. The fifty livesloston the Manistee, and the ninety-five lost during the six days' storm on the great lakes recently, make a total of over 150 lives lost on the h lakes in ten days. -The New York State Convention of the Irish National League met at Syracuse on Wednesday. Dr. Wallace was elected chairman. The principal business of the meeting was the Parnell testo timonial fund, which it was resolved to e keep open for further subscriptions unu til next St. Patrick's Day. in -W. P. Snyder, Assistant Attorney t General, has resigned because he was C not supported in his duties by the govb ernment. T quantity of counterfeit Erie bonds W have been presented for redemption. p: O -The civil suits against Star route m contractors in Philadelphia have been discontinued. to tv -Canada proposes to send her pauper to immigrants back where they came from, ie and at the expense of the Imperial b government. The Mississippi Valley Bank, at m Miss., has conseof losses a q quence Vicksburg, by closed customer in who ex dealt in grain futures. al -The new standard of time has of caused trouble in the mails and discord in a Boston court. a -A majority of the stockholders of N the Northern Pacific Railroad Company voted in favor of the proposed $20,000,000 second mortgage bonds. A protest from three stockholders is now filed. -The Supreme Court of Wisconsin sustains the Washburn will. This action cuts off the widow, except that the exki ecutors are authorized to set aside a sum pt for her support. te -Petitions will be presented to Congress asking that provision be made for ha of enlisted men after M twenty-five and las of York the -At retirement the meeting thirty years' the service. New 10 the de of the lar mittee dently Presbytery was empowered Presbytery, Church to Extension act reporting indepen- Com- The to that body every three months. OI support of the Church of the Sea and Land was left unsettled. fe En -The prisoners in the jail at Marshall, Mo., by setting fire to the buildpa 11g effected their escape. -The Irish giant and German gianless are husband and wife, and Pittsburgh enjoyed the sight of the tallest oridal party on record. -Porter was acquitted of the charge of S. killing burglar Walsh. He says he will ead a good life and open a liquor store n Boston. by -A supply of food has been sent the 30 starving inhabitants of Swan Island from Key West, Fla. terr In & Petersburg, Va., church a man try. ell dead as he was about to engage in prayer. -The San Fernando Cotton Factory the n near the edit 788 fire. Tlalpan, destroyed by City Five of operatives Mexico, Chs ere burned to death. The loss is


Article from The Middlebury Register and Addison County Journal, November 30, 1883

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LATER NEWS. A FOREST fire nine miles in extent and covering several thousand acres of valuable timber land has been raging in the vicinity of Huntingdon, Penn. About 5,000 cords of wood and as many cords of bark were consumed. DEVELOPMENTS show that the late A. B. Johnson, the prominent Utica (N. Y.) lawyer who shot himself, was a defaulter in thesum of $800,000. the money misappropriated belonging to the McDonnell estate, of Rochester. Mrs. McDonnell is a sister of Johnson, and he had entire charge of the estate. MARY O'CONOR, a young operative, jumped out of the burning mill of Samuel G. Keeley, a Philadelphia manufacturer, last December, and sustained injuries which crippled her for life. She sued Keeley, and the jury have just warded her $10,00 nages. MRS. HUSTON, a farmer's wife, and her two children, were burned to death in their home near Unionville, Mo. THE liabilities of the suspended Mississippi Valley bank, of Vicksburg, will probably reach $1,000,000. A NEW island, created by volcanic action, has been disc overed off the coast of Alaska. ANDREW TAYLOR, the last of the three notorious Taylor brothers, who murdered Sheriff W. T. Cate and his deputy, J. J. Conway, in the fall of 1882, was banged at Loudon. Tenn. On the day previous to his execution, while being conveyed to Loudon from Knoxville, he jerked a pistol out of the pocket of one of his guards. and was about to shoot another sheriff, but was knocked down and the weapon secu before he could do further harm. On the gallows he appeared unmoved, and died with curses on his lips. THE President has appointed Surgeon Robert Murray, now on duty in New York, as the chief medical officer at Major-General Hancock's headquarters, to be surgeon-general of the army. vice the late General Charles H. Crane. IN hisannual report Mr. Knox, com: troller of the currency, says that the total number of national banks in operation on November 1, was 2,522, the largest number that has been in operation at any one time. During the year 262 national banks were organized, with an aggregate organized capital of $28,051,350. Forty banks, with aggregate capital of $7,736,000 and circulation of $4,137,033, have voluntarily discontinued business during the year. From November 1, 1882, to November 1, 1893, the production of gold by the mines of the United States is estimated to have been $32,000,000. The total amount of silver coined during the year has been, after deducting the recoinage, $29,021,143, of which $28,891,069 were standard silver dollars. The following is the amount of coin and currency in the country on November 1, 1883 : Gold coin and bullion, $581,970,254: silver coin, $242,701,932; legal tender notes, $346,681,016; national bank notes, $352,013,787; total, $1,523,306,989. THE trustees of the Exhibition hall in Cork refused to permit Mr Parnell, the Irish homerule leader, to use it for the purpose of making an a dress to his c onstituents. Two infernal achines, of sufficient power to demolish any building. were discovered by the London police at the residence of a cialist namel Wolff, who was arrested. COUNT FREDERIC DE LAGRANGE, a French politician, and a prominent patron of the turf. die in Paris a few days ago, aged sixty-seven. His horses captured the Derby in 1865 and 1866. TWENTY passengers were drowned by a collision between two steamers on Lake Geneva, Switzerland. A DISPATCH from St. Thomas says the Hay. tian steamer Dessalines has sunk La Patrie, the war ship of the revolutionists. A PARIS dispatch asserts that Marquis Tseng, the Chinese ambassador, has notified Earl Granville, the British foreign secretary, that war between China and France is certain to OC '111'


Article from St. Landry Democrat, December 1, 1883

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MISCELLANEOUS. IT is reported that L. M. Fumford, dealer in buggies and agricultural implements at Kalamazoo, Mich., who failed a few weeks ago, has been arrested on complaint of an Auburn, N. Y., firm who charge him with embezzlement. THE people of Toronto, Ont., continue to protest against the influx of pauper immigrants. They want the British Government to refund what it will cost Canada to take care of these people. THE Northern Pacific Railway stockholders have ratified the action of the board regarding the new $20,000,000 loan. ON the 20th Jacob A. Nebinger was convicted in the United States Court at Philadelphia of embezzling Government funds while Postmaster at Steelton, Pa. ON the 20th H. H. Shepley, Fred Erby, J. H. Cook and B. Frank Moore, who represented different lotteries in Chicago, were found guilty of sending forbidden matter through the mails. Sentence was deferred. ACCORDING to a Paris dispatch of the 20th the breaking out of war with China was apparently only the question of a few hours. DURING the yellow fever epidemic the total number of cases at Brewton, Ala., was seventy-five; deaths twenty-eight. ON the 21st thirty thousand chests of tea were sold in New York. UNITED STATES Marine Hospital Surgeon Van Zandt, at San Francisco, Cal., reports two cases of yellow fever at that institution. IT is reported that the Mississippi Valley Bank at Vicksburg, Miss., has suspended. RECENT proposals made by China on the Tonquin question are not acceptable to the French. THE injunctions against the issue of the Northern Pacific Railway second mortgage have been dissolved. IT is reported that the Corean Embassy are short of funds, and trying to borrow $10,000 from the United States Treasury. IT is now proposed by the Canadians to send back undesirable immigrants to the places from which they came. A DEMONSTRATION will be made by the French fleet on the Chinese coast during the advance on Bac Ninh. ON the 21st an exceedingly severe storm prevailed over a wide area of country. Railroad washouts were numerous and telegraph service was impeded. At Piedmont, Mo., two women and three children were drowned and much property destroyed. At Fredericktown, Mo., the freshet was the highest known in seventy years. Serious damage is reported from many towns. At Indianapolis it is estimated at $250,000. THE suits of the Government against Star-route Contractor Funk, of Philadelphia, have been compromised for $928. THE Coke-works property of Mount Pleasant, Pa., have been bought by H. C. Frick & Co. AN address has been issued by a Spanish republican society threatening revolution if universal sufferage is not granted. A WEALTHY farmer named John A. Lihe, living near Vincennes, Ind., is reported as having eloped with a Mrs. William Antler. He leaves a family and is supposed to have gone West.


Article from Savannah Weekly Echo, December 2, 1883

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LATER NEWS COMMODORE JOHN M. BERRIEN, a retired officer of the United States navy, died the other day in Philadelphia, He was a mid shipman on the frigate Constellation, over fifty-eight years ago. WILLIAM McWILLIAMS, a Waterford (Penn.) octogenarian, awoke the other night and found the cold arms of his dead wife clasped around his neck. FORTY masked and armed men took possession of the mine at Marshall Basin, Colorado, and made the workmen quit after shooting and killing one. A STATEMENT of the recent gales on the great lakes shows a loss of fifty-five lives and sixty vessels, Twenty-six vessels, representing a value of $400,000, are total losses. THE Mississippi Valley bank, of Vicksburg, Miss., has suspended. GENERAL AUGUSTUS C. DODGE, formerly United States Senator and minister to Spain for eight years, diel in Burlington, Iowa, a few days since, aged seventy-two years. Ex-SENATOR GEORGE E. SPENCER. of Ala bama, was arrested at Austin, Nev., by order of Attorney-General Brewster for contempt of court in not appearing as a witness in the star route cases, Spencer denied eluding the officers. He left Austin with two deputy marshals for Washington. DURING a severe rain storm a dozen houses at Piedmont. Mo., were swept away by the rising waters of a creek, and two womenand three children were drowned. THE propeller Manistee, from Duluth. Minn., bound for Ontonagon, foundered in Lake Superior during the recent heavy gales and twenty-five persons on board are sup pose to have been lost. EDWARD PAYNE, cashier of the First National bank at Rushville, Ind., was shot dead by a burglar, who had entered bis house for the evident purpose of robbery. THE attention of the United States government has been invited to the International Forestry exhibition to be held in Edinburgh in the summer of 1854. The exhibition will be open to contributors from all countries, and is designed to include every thing connectel with or illustrative of the forest products of the world. MOODY and Sankey, the evangelists, are holding largely attended meetings in Wads worth, England. THE Chinese government is reported to have issued a call for 150.000 troops, in an. ticipation of a war with with France. THE American ship Thomas Dana arrivel at Fayal having on board twenty-one men whoha formed part of the passengers and rew of the French brig Rocaberg, sunk by a collision. The remainder of the passengers and crew, numbering eighty-eight, per ished. JAMES DAVIS, secretary of the London and San Francisco bank, absconded from London with $250,000 of the institution's funds. SPANISH Republicans threaten a revolt it miversal suffrage is not granted at the next sossión of the Cortes.


Article from Memphis Daily Appeal, December 2, 1883

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The Mississippi Valley Bank. VICKSBURG, December 1.-Gen. Butts, receiver of the Mississippi Valley Bank, furnished Sheriff Beck a statement of the condition of the bank. The assets in cash, bills receivable, overdrafts and real estate are about $120,000. The liabilities-due depositors on demand in the savings department, and protested exchange refurned-areabout$915,000. There are offsets and claims against overdrafts and bills receivable which materially decrease the amount of the assets.


Article from The Daily Cairo Bulletin, December 4, 1883

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The Mississippi Valley Bank. VICKSBURG, Miss., Dec. 8.-The failure of the Mississippi Valley bank is now before Judge R. A. Hill, of the United States court of Mississippi. A petition was filled before the court on Saturday, at Jackson, by the attorneys of the assignee, asking that the court make an appointment of a receiver of the estate of the bank and of the Kleins. Judge Hill held that the General receiver, Butts, appointed by the state court was for the present a receiver of his court. The attorneys for the assignee then filed another petition, asking that the appointment of Butts be vacated, setting up several grounds of objection to him. The court on the latter petition, made an order, giving Butts ten days to answer the petition, and appointed the 12th of December for the hearing, at Oxford, Miss. Judge Hili is determined to give every interested party a full and patient hearing before he takes any steps in the matter.


Article from Press and Daily Dakotaian, September 17, 1884

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Business Troubles. Ironton, Ohio., Sept. 17-D. Lynn & Co., wholesale dealers in grocery and fancy goods assigned. Liabilities estimated at $20,000. Troy, N. Y., Sept. 17-A. M. & C.M. Clements, of Fort Edwards, assigned, causes by the failure of Edward's bank. Liabilities $40,000. New York, Sept. 17-Judge Donohoe of the supreme court, to-day granted an attachment against the property of the Mississippi Valley bank, of Vicksburg, Miss., in an action brought by the National Park bank of this city. to recover $434.66, claimed due the plaintiff.


Article from The Iola Register, June 5, 1885

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THE SOUTH. FROM a partial report of the receiver of the Mississippi Valley Bank, Vicksburg, Miss., it appears that the assets will fall about $90,000 short of the liabilities, and that most of the loss will fall on poor people. AT Charleston, W. Va., recently the brake band of the Kanawha Mining Company's incline, 800 feet long, broke and two car loads of miners were carried down the mountains at great speed. Three men were killed, one was fatally hurt, and a number injured. REPORTS came recently from Milan County and other parts of Texas that the floods then prevailing were the most disastrous ever known. DURING a thunderstorm recently at Henderson, Ky., Richard L. Moore, of Chicago, while standing on the bridge was struck by lightning and was supposed fatally injured. Several others were also shocked. MYRIADS of locusts were reported in Northeastern Arkansas. The wheat crop was suffering most from their deprecations. FIVE or six murders had occurred in Knott County, Ky., up to the 28th, consequent upon a feud between the Hall and Jones factions. Accounts to the above date showed the Hall party surrounded by their enemies in a house, from which it appeared improbable they could escape alive. ELEVEN persons were reported killed in the recent storms and floods near Waco, Tex. Scores of bridges were washed away and other damage was immense. GENERAL. HUNGRY JOE, a celebrated New York bunko steerer who attempted to defraud Oscar Wilde, and who snatched fifty pounds from the hands of a wealthy gentleman named Joseph Rumsden, of Manchester, Eng., pleaded guilty recently and was sent to prison for five years. IN conversation with the Rev. Pitblado, who accompanied Riel on the steamer Northcote to Saskatook, the captive rebel bitterly denounced the priests, saying that they were a selfish and meddlesome class and had caused the present trouble. Riel claimed to be a citizen of the United States and hence not a traitorito Canada, and this probably will be his line of defense. MACKEY, the United States Consul at Rio Grande-de-Sue, Brazil, got into. a shooting scrape recently with a local newspaper caricaturist named Amore, in which the latter was shot three times, but not seriously wounded. Amore appeared to be the aggressor. Mackey is aged twentythree, and is a son of Judge J. T. Mackey, of South Carolina. DURING two weeks ended April 30, there were 188 deaths from cholera in Calcutta. A SEVERE shock of earthquake was felt in and about Smyrna on the 26th. SIX newspapers in Warsaw have been suppressed by Russian officials. Evidence at the inquest showed that young Schock, of the United States Navy, who shot himself at Blackheath, London, recently, did SO from mental aberration, due, probably, to unrequited lova