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IDLE RUMOR CAUSED BANK TO CLOSE DOORS Institution Is Said to Be Solvent, but the Run on It Caused Embarrassment. ASHLAND, Wis., Feb. 14.-The Security Savings Bank, of this city, his been closed, the directors having voted to place the bank in charge of Marcus C. Bergh, state commissioner of banking. The bank is said to be solvent, but has been embarrassed by a run which was started sometime ago by an idle rumor
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Ashland Bank Closed. ASHLAND, Wis., Feb. 15.-The Security Savings bank of this city has been closed, the directors having voted to place the bank in charge of Marcus C. Bergh, state commissioner of banking. The bank is said to be solvent, but has been embarrassed by a run which was started some time ago by an idle rumor.
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Ashland Bank Closed. ASHLAND. Wis. Feb. 15.-The Security Savings bank of this city has been closed. the directors Maving voted to place the bank in charge of Marcus C. Bergh. state commissioner of banking. The bank is said to be solvent, but has been embarrassed by a run which was started some time ago by an idle rumor.
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, . Wisconsin Bank Closed. ) Ashland, Wis., Feb. 16.-The Security Savings bank has been closed and is in the hands of the state commissioner of banking. The bank, which is said to be solvent, has been embarrassed by a run started by idle rumors.
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tics-Devoted to Literature, Local and General News. NTY, MD., THURSDAY, FEBRUARY 18, 1904. THE NEWS IN SHORT ORDER. BALTIMORE'S BIG HANNA IS DEAD Domestic. Monumental City Recovering Fr as Prolonged By Powerial Mormons of the United States are prov. fects of Cotifagration. Stimulants, ing successful colonists in Mexico The Natioual Tube Company, a conTOTAL LOSS PUT AT $125 stituent concern of the United States DING OUT OF A CANDLE. Steel corporation, has won the strike at Confidence and Hope Has Been Rest the Continental works, Pittsburg. lity of the Senator Finally ligh Degree By the Knowledge The destruction of the steel construct/ the Ravages of the Feverthe Cash and Securities in the ed skyscrapers in Baltimore is a disagreeable surprise to Chicago experts wlo Fight for Life, Which Astonthe Destroyed Financial Institut invented that class of building. ctors-His Family Around the Safe and Sound. The Security Savings Bank, of Ash. the Final Moments. land Wis., has been closed, the directors Baltimore, Md., (Special). having voted to place the bank in charge has experienced one of tye grea h, (Special).- States of Marcus B. Bergh, state commissioner us Alonzo Hanna, one of amities that ever befell a city of banking figures in American public country. Hundreds of its han A rumor is current in Pittsburg that, 40 P. M. at the Arlington as a result of the Baltimore fire, the buildings are in ruins, its busin hoid fever. Baltimore and Ohio Railroad has been tion almost totally destroyed. an nna was in an almost dying ands of people are thrown out of considering the removal of important he morning and grew gradment general offices to that city. until he lapsed into unconThe fire started on Sunday me A cut all along the line has been made 3 'clock in the afternoon. 10:30 a. m., and raged with 11 in petroleum rates by the Standard Oil so until his death, passing vigor until Tuesday morning, a Company. A reduction of five cents ntly without any pain ity fire department aided by barrel was made mbers of the family, with ments from New York. Phila Fully 26,000 sheep. valued at $35,000, ceptions, were at the bed Washington, Wilmington an have been destroyed by wolves in Monie end came. They were cities, succeeded in getting it un Dan Hanna, Mr. and Mrs. tana in the last year, according to the retrol. Mr. and Mrs. Parsons, Miss port of the sheep commissioner of the PERIL POINT SAFELY PASSE state. Hanna and Mr. Dover. The City's banks are now o last hours life was kept in The Mississippi farmers haveannoune are paying out money Busines y by the use of the most ed their purpose to take vigorous steps are receiving orders and are con guiants. in dealing with "negro stealers. that is filling them Streets in the 111 or Hanna was not at the against labor agents states en. ritory are being cleared by thou n the end came. She had deavoring to induce negro labor to emiworkmen and altogether grea a severe headache, and a grate. have been taken toward recove fore had been given a nar William A. McKowen, secretary of the effects of the conflagaration. then went to bed. the University of California. who lost Confidence and hope has been and Carter and two nurses the university's money on horse races, to a high degree by the knowled edside when the end came was sentenced to serve six years and all the cash and securities in th nna's death followed a sink eleven months in San Quentin prison. of the destroyed financial ins lasted ten minutes begin are safe and sound and can be I'll The Chicago authorities have prevent immediately. ed the use of a spot light in Sir Henry nna will be given a public 1 Federal troops have replaced Irving's production of The Bells, an : Senate chamber, and the itin and guard the wealth have compelled the stage management probably lie in state at the to use instead in the dream scene a strong being taken from former den e funeral will be held ir incandescent light into temporary quarters where now being conducted 1 Perkins Carter, of Cleve The Susquehanna river is closed for Excitement and worry has the third time this winter The water is the attending physicians away to zeal and enthusiasm twelve and one half feet above low water owing statement regarding work of making a new Baltimor illness: mark and only four and one holf below SOME INSURANCE PAID Hanna died quietly at 40 the danger line a most superb fight against The insurance companies are Reputed to be the richest woman in nt attack of typhoid fever operating with the bank people Iowa, Mrs. Amanda Bradley died a had not been well for some efforts to relieve the financial Centerville suddenly She was presi d been confined to his bed dent of half a dozen or more banking in The largest companies and son the last fifteen days. smaller ones, 100 have decided stitutions in Southern low: and was di early course of the disease mediatly pay 50 per cent. of the rector in twice as many more evidence as to the intense of the claim presented to then Mrs. Florence May brick will arrive it le infection and the outlook the loss was total. or nearly so Birmingham, Ala. in July, probably the ed bright. Since Sunday the remainder to be paid after 11 latter part. as she sails from England it progress of the fever became ance has been finally adjusted. that month. The purpose of her visit to . there being 21 gradual rise enable many business men to that city will be to wind up the affair fature from day to day, and business at temporary quarte of her portion of the famous Holbrook y the evidences of a severe have not the means to start 10 g estate. n were such as to make the with their arrangements A fes The Senate passed the diplomatic and I attendance anxious claims have been paid by son consular appropriation bill without delay outcome, though, counting panies. of the Hanna indomitable It is reported that hundreds of per There was an enthusiastic sons have been killed by a volcanio atinued to be hopeful. citizeus, too, for the purpose of cruption in the Island of Javan inability to retain nourish ering the general situation George A. Rose, cashier of the Cleve illy overcome, and the case Timanus, president of City Cour progressing prefavorably land Produce Exchange Bank. who em chairman. The sense of the day last, in the afternoor bezzled $187,000 of the bank funds. was this and this practically ad a severe chill, a most un sentenced to ten years in the peniten prevailing spirit of the peop nce in the course of typhoid tiary. winds up the story of the day Ins wing this, his temperature of despairing we'l hustle The Comptroller of the Currency an reaching 105 that night. giving upon business. even in t nounces the closing of the doors of the ence of prefound toxemia of stress, we reach out for mon Equitable National Bank of New York During the last days of stick by one another. and st city and the appointment of National a's illness he was able to world what Baltimore men are m Bank Examiner Ridgely as temporary purishment given. and 10 receiver $35,623,000 IN THE VALID way little short of marvel Burglars entered the postoffice at Or A fairly accurate estimate of t y treatment which was leans Ind and blew the safe to atoms wealth buried in the vaults of the rallying promptly from ed banks and trust companies shattering the plate glass windows of lapses which at intervals had from the following compilia the building and securing 400 in money chill of Friday Saturday and stamps One piece of the safe was figures taken from the last repor a favorable day that his United States Comptroller of t blown through two walls ok courage and even then renev United States bonds, 84 favorable outcome The Paul Misik, convicted of murdering other securities $81,053,000 tot Charles O'Brien in a dispute over 35 e worse came early in the 623,000 was followed by a gradual cents, was executed in Hartford, Conn All of this great amount is safe strength, hich had already The Norwegian Parliament has passed is supposed to be even more see d by the severity of the bill almost unanimously authorizing the district than those named. S wonderful recuperative women to net as attorneys, solicitors and the currency kept there must ch that though the end barristers in the lower as well as in the to these figures. ected at almost any time higher courts, on the same condition as ry hours of Monday morn PUTS LOSS AT $125,000.00 men tenaciously to life unti The corotier has begun the inquest to One of the expert insurance afternoon when he sue determine responsibility for the Grand here says: Rapids Mich railroad wreck, in which *The aggregate of loss ment 22 persons were killed. each company has undoubtedly E CUBAN TARIFF. derestimated I am convinced The Balfour Cabinet won by a jor total actual loss will be $125. ity of 86 in the House of Commons on Opinion Held as to Provis which the insurance companies the Robson amendment to the address in lons of Treaty. probably $75,000,000. reply to the speech from the throne The export orders of the United States ), (Special A question of WEEKLY REVIEW OF TRA Steel Corporations for the first week in 1 relation to he Cuban in February exceeded the export orders of of the reciprocity treaty War, Fire and Cotton Were Adverse the first three weeks of December last. ntry, which became opera ' 27. 1903, has come to the February's record for exports is expect Situation Encouraging ed to be the largest in its history. The his government. In answer re R. G Dunn & Co's weekly net profits on export orders, however, hie inquiry from the treasrade SAYS: nt. word has been received are very small. War. fire and cotton were the aerican minister at Havana Effects of the Baltimore fire are fast factors of the week. vet the count hat aticles, the product of the shocks remarkably well an disappearing and the great majority of Iustry of the United States. are numerous encouraging symp the business men affected by it resume other countries and thence To a large degree the outbreal activity. b Cuba will not receive the ilities in the Orient and the coll Mrs. Mary Anne Powell was placed in e reduced rates of duty prothe cotton boom had been disc jail in Dover, Del accused of the mur reciprocity treaty and the disastrous loss of the ce der of Estella Albin from motive of provides in effect that all ion W. offset very largely by 1 jealousy rehandise, not free of duty, alus it will give to many industi Congress is expected to adjourn some duet of the soil or industry ably structural steel In restori time in May. I States imported into the timore there will be great activit Sir Henry Irving says Iroquois panic Cuba, and réciprocally into building trades, while large st tates shall be admitted by might have occurred in a cathedral, and goods must be replaced and orde at a reduction of 20 per lectures Chicago officials by jobbers and manufacture e rates of duties now im A man rides from New York to where The labor situation the ng upon the plain meaning the country is almost devoid of Poughkeepsie under a Pullman car His Is this government has uni More or less traffic congestion companion is believed to have been ed the 20 per centum reduc from the weather and this fac killed. 11 merchandise imported in I counts for the small loss of The suit started in Saratoga County puntry and thence into the in railway earnings during Janu is expected to result in disclosing who s. the only essential fact in Actual business is still restrict sent out the false prospectus of the being that the goods admit iron and steel industry. but shipbuilding trust. considence in the future "the product of the soil or
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WASHBURN, WISCONSIN, THURSDAY, FEBRUARY 18, 1904. Ashland Bank Closes. WHY WASHBURN SHOULD The Security Savings Bank of Ashland was closed by the Bank Examiner last Saturday. The bank INCORPORATE. was run by the Ellis family for a number of years, and its principal hing? business was the handling of small The Committee appointed some time ago to secure facts savings deposits. The bank paid four per cent interest and had $109, for publicity regarding the proposed incorporation of Wash000 of deposits at the time of the uffer? burn as a city, have some figures ready, and while they are collapse. A few weeks ago people not yet ready to make their report it is interesting to note began to get "scarry" of the that the result of this committee has been a discovery of institution, and a gradua! withfacts so far as the figures relating to the proportion of taxes drawl has taken something like $50,gh Cure go, in fayor of the proposed incorporation. 000 out of the institution lately. The Ellis family have turned over The committee has found the following values: large land interests, and]the bank INSIDE PROPOSED CITY LIMITS is now in the hands of Mr. Ellis and it Will The assessed valuation of village lots in 1903, was $637,466 Kenedy as receiver, and the proba139,830 Assessed valuation of lands within proposed city limits bility is that the depositors] will re743,847 Personal property, after deducting 5 per cent for outside ceive the full amount of their deposits, but it will; take a Sgood $1,521,143 Making a total valuation in proposed city limits of deal of time to convert the assets in y OUTSIDE PROPOSED LIMITS. S his hands into money, and thus enAssessed valuation cf lands $1,090.510 able him to make settlement with the bank's creditors. 39,149 Five per cent of entire personal property
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Sunday, Pebruary 14. Advices from the sick bed of Senator Hanna indicate that the noted patient is losing ground and is gradually growing weaker. He has had another very severe sinking spell. A meeting in New York City, attended by Japanese business men, raised $64,578.46 for the Japanese relief fund. The Security Savings Bank of Ashland, Wis., has been closed and is in the hands of the state commissioner of banking. The bank, which is said to be solvent, has been embarrassed by a run started by idle rumors. Three men lost their lives in a landslide and cavein of a portion of the Central Pacific Railroad's snow sheds a few miles from Truckee, Calif. The bodies are buried under 30 feet of snow. William Fairly and James Mooney, members of the national board of the United Mineworkers, were waylaid between Majestic and Bowen, Colo., dragged from their buggy and beaten by eight men with stones and pistols and left lying by the road to die. The Salt Lake Railroad has effected an entrance into Riverside, Calif., by capturing a section of the right of way, which had been in dispute. Three hundred men were stationed along the road and at a given signal were set to work laying rails. The work was completed at night and trains ran into the passenger station at daylight. What action will now be taken is problematical. Monday. February 15. The State bank of Corning, Iowa, has failed, with liabilities of $150,000 and possible assets of $75,000. Two prominent citizens of Yereka, Calif., lost their lives in storm swollen streams near Redding. The Commercial Cable Company of San Francisco is advised that the cable which was interrupted between Hongkong and Foo Chow is repaired, restoring normal means of communication between those points and also with Shanghai and Japan. Richard F. Post has been appointed receaver of the Peabody Fire Insurance Company of Baltimore. The company lost $700,000 by reason of the fire and it had assets of $300,000. Great Northern and Northern Pacifi trains are being delayed in the Dakotas and Montana by severe storms and heavy snowfall. Japanese from every portion of the United States are arriving at San Francisco and other coast points, en route to their fatherland, where they go to join the army and navy. Tuesday, February 16. Phil Green and Bill Bryan, two farmers living near Bearden, Okla.. fought a pitched battle with rifles. Twelve shots were fired. Green died from a wound in the neck and it is thought Bryan cannot live. The Chicago Motor Vehicle Company has been placed in the hands of receivers The 00 application of stockholders company is capitalized for $1,000,000 and the stockholders anticipated that the directors were about to divert the assets of the company. During the past two days rain has been falling copiously over Southern California. The rain will be of inesti mable value, as the drouth has been of exceptionally long duration. Another severe cold wave is passing over the middle and northern states. The mercury is registering from 10 to 35 degrees below zero in the region of the great lakes. The Mississippi river at La Crosse, Wis., is said to be frozen solid to the bottom. Applications have been made for the appointment of receivers for the Baltimore Fire Insurance Company and the Home Fire Insurance Company, both of Baltimore. The special committee of coal operatore and miners met at Indianapolis, Ind., has issued a call for a national joint conference to be held there on February 29. Aron and Disco photo naner at a dia
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THE NEWS IN SHORT ORDER. Domestic. Representative John F. Shaforth (Dem., Col.) resigned his seat in the House, because, he said, there were evidences of fraud in the ballots that elected him. It is estimated an additional sum of $1,600,000 will be required to complete the harbor of refuge at the Delaware Breakwater. The Virginia Legislature passed a bill allowing changes of venue in assault cases and permitting victims to testify by deposition. Grant C. Havers, 11 years old, charged with attempting to poison the family of W. A. Clark, of Chesterfield, was found with both legs so badly frozen that amputation was necessary. The Maryland. Society in New York gave its annual dinner at Sherry's. Mrs. Mary M. Powell, foster mother of Estelle Albin, who was found dead in the garret of the former's home, 12 miles from Dover, Del., was arrested, accused of the girl's murder. Antitoxin is reported to have decreased the mortality from diphtheria 65 per cent. in Chicago in nine years. The Wabash Railroad filed a mortgage for $10,000,000 in St. Louis to guarantee an issue of bonds for World's Fair terminals and improvements. Mormons of the United States are proving successful colonists in Mexico. The Natioual Tube Company. a constituent concern of the United States Steel corporation, has won the strike at the Continental works, Pittsburg. The destruction of the steel constructed skyscrapers in Baltimore is a disagreeable surprise to Chicago experts who invented that class of building. The Security Savings Bank, of Ashland Wis., has been closed, the directors having voted to place the bank in charge of Marcus B. Bergh, state commissioner of banking. A rumor is current in Pittsburg that, as a result of the Baltimore fire, the Baltimore and Ohio Railroad has been considering the removal of important general offices to that city. A cut all along the line has been made. in petroleum rates by the Standard Oil Company. A reduction of five cents a barrel was made. Fully 26,000 sheep, valued at $35,000, have been destroyed by wolves in Mon tana in the last year, according to the report of the sheep commissioner of the state. The Mississippi farmers have announced their purpose to take vigorous steps in dealing with "negro stealers, that is against labor agents from other states endeavoring to induce negro labor to emigrate. William A. McKowen, secretary of the University of California, who lost the university's money on horse races, was sentenced to serve six years and eleven months in San Quentin prison. The Chicago authorities have prevented the use of a "spot light" in Sir Henry Irving's production of The Bells, and have compelled the stage management to use instead in the dream scene a strong incandescent light. The Susquehanna river is closed for the third time this winter. The water is twelve and feet above low water mark and only four and holf below the danger line. Reputed to be the richest woman in Iowa, Mrs. Amanda Bradley died at Centerville suddenly. She was president of half a dozen or more banking institutions in Southern Iowa and was director in twice as many more. Mrs. Florence Maybrick will arrive in Birmingham, Ala., in July, probably the part, as she sails from England in that month. The purpose of her visit to that city will be to wind up the affairs of her portion of the famous Holbrooke estate The Senate passed the diplomatic and consular appropriation bill without delay. It is reported that hundreds of persons have been killed by a volcanic eruption in the Island of Javaa. George A. Rose, cashier of the Cleveland Produce Exchange Bank, who embezzled $187,000 of the bank funds, was sentenced to ten years in the penitentiary. The Comptroller of the Currency an nounces the closing of the doors of the Equitable National Bank, of New York city, and the appointment of National Bank Examiner Ridgely, no
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Bank Is Solvent but Embarrassed. Ashland, Wis., Feb. 15.-The Security Savings bank, of this city, has been closed, the directors having voted to place the bank in charge of Marcus C. Bergh. state commissioner of banking. The bank is said to be solvent, but has been embarrassed by a run which was started some time ago by an idle rumor.
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Wisconsin Bank Closed. Ashland, Wis., Feb. 16.-The Security Savings bank has been closed and is in the hands of the state commissioner of banking. The bank, which is said to be solvent, has been embarrassed by a run started by idle rumors.
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Wisconsin Bank Closed. Ashland, Wis., Feb. 16.-The Security Savings bank has been closed and is in the hands of the state commissioner of banking. The bank, which is said to be solvent, has been embarrassed by a run started by idle rumors.
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Wisconsin Bank Closed. Ashland, Wis., Feb. 16.-The Security Savings bank has been closed and is in the hands of the state commissioner of banking. The bank, which is said to be solvent, has been embarrassed by a run started by idle rumors.
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Ashland Bank Closes. The Security Savings Bank in Ashland has been voluntarily closed and is in charge of State Commissioner of Banking Marcus C. Burgh. Some months ago a run was started on the bank by an idle rumor, since which time considerable money has been withdrawn. The bank is perfectly solvent and the directors voted to close and place the bank in charge of the bank commissioner. Cashier Ellis Kennedy will act as receiver.
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Ashland Bank Closes. The Security Savings Bank in Ashland has been voluntarily closed and is in charge of State (*mmissioner of Banking Marcus C. Burgh. Some months ago a run was started on the bank by an idle rumor, since which time considerable money has been withdrawn. The bank is perfectly solvent and the directors voted to close and place the bank in charge of the bank commissioner. Cashier Ellis Kennedy will act as receiver.
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A GRAND jury has been called at Ashland, and the principal thing that will be investigated will be the affairs of the defunct Security Saving's bank. The depositers nearly all live in Ashland. There are however some in this city who lost their savings when the bank suspended operations about two years ago. It will be interesting to watch the progress of the investigation.