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NATIONAL BANK SUSPENDS. DEMING, N. M., Feb. 4.-Under orders from the comptroller currency, the First National bank of Silver City, and the First National bank of this city, both under, practically the same management, are closed. The suspension was unexpected, and caused much excitement. The cause of the failure is unknown. A strong feeling of confidence among business men exists, that the bank here will pay all credItors in full.
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Two Banks Closed. DEMING, N. M., Feb. 4.-Under orders from the comptroller of the currency, the First National bank of Silver City and the First National bank of this city, both under practically the same management, were closed. The suspension was unexpected and caused much excitement, The cause of the failure is unknown. A strong feeling of confidence among business men exists that the bank here will pay all creditors in full. The assets are unknown and officials decline to make any statement. The capital stock of the Deming bank is $100,000, and of the Silver City bank, $50,000.
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TWO BANKS SUSPENDED. First National of Silver City and Deming, New Mexico. DEMING, N. M., Feb. 4.-|Special|Under orders from Comptroller of the Currency Lacey, National Bank Examiner Lazara has closed the doors of the First National Bank of Silver City and the First National Bank of Deming. The two institutions are under the control of the same president, C. H. Dane, of this city, and the stockholders are largely identical. The suspension was totally unexpected and caused much excitement. There is strong confidence among business men that the bank will pay all creditors in full. So strong was this sentiment that within thirty minutes after the suspension became known a large meeting was held in the opera house attended by all the representative men of the town. Resolutions were unanimously adopted expressing entire confidence in the solvency of the institution, and stated if the present management was continued all claims would undoubtedly be satisfied. This action tended considerably to allay public alarm All the county and school funds for the district are in the banks. The cause of the failure is unknown. The assets are not known, and the bank officials decline to make any statements. The capital stock of the Deming bank is $100,000, and of the one at Silyer city $50,000.
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New Mexico Banks Closed. DEMING, N. M., Feb. 4.-Under orders from the comptroller of the currency, the First National bank of Silver City, and the First National bank of this city, both under practically the same management, were closed. The suspension was unexpected and caused much excitement. The cause of the failure is unknown. A strong feeling of confidence among business men exists that the bank will pay all creditors in full. Its assets are unknown, and the officials decline to make any statement. The capital stock of the Deming bank is $100,000, and of the Silver City bank $50,000.
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Banks Closed. DEMING (N. Mex.), Feb. 4.-Under orders from the Comptroller of the Currency, the First National Bank of Silver City and the First National Bank of this city, both under practically the same management, have been closed. The suspension was unexpeeted, and caused much excitement. The cause of the failure is unknown. A strong feeling of confidence among business men exists that the bank here will pay all the creditors in fuil. The assets are unknown, and the officials decline to make any state-
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TWO BANKS CLOSED. The First National of Silver City and of Deming, N. M., Ordered to Stop Business. DEMING, N. M., Feb. 4.-Under orders from Cromptroller of Currency Lacey, National Bank Examiner James B. Lazara yesterday closed the doors of the First National bank of Silver City and the First National bank of Deming. The two institutions are under the control of the same president, C. H. Dane of this place, and the stockholders are largely identical. The suspension was totally unexpected and caused much excitement. There is a strong feeling of confidence among the business men that the bank here will pay all creditors in full. The cause of the failure is unknown. Many rumors are afloat but it is impossible to place credence in them. The assets are not known, and the bank officials decline to make any statements. The capital stock of the Deming bank is $100,000, and that of the bank at Silver City $50,000.
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Two Banks Under One Managemen t. DEMING, N. M., Feb. 4.-Under ord ers from the comptroller of the currency, the First National bank, of Silver City, and the First National bank, of this city, both under practically the same management, have been closed. The suspension was unexpected and caused much excitement. The cause of the failure is unknown. A strong feeling of confidence among business men exists that the bank here will pay all its creditors in full. The assets are unknown and the officials decline to make any statement. The capital stock of the Deming bank is $100,000, and of the Silver City bank $50,000.
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A BANK FAILURE HOW Hiw Causes Grent Excitement, But Business Men are Hopeful. DEMING, N, M., Feb. 4.-Under orders of Comptroller of Currency Lacey, Bank Examiner Lara has closed the doors of the First National Bank of Silver City and the First National Bank of Deming. The two institutions are under the control of the same president, C. H. Dane, of this place, and the stockholders are largely identical. The suspension was totally unexpected and caused much excitement. There is a strong feeling of confidence among the business men that the bankhero will pay all creditors in full. So strong was this sentiment that within thirty minutes after the suspension became known a large meeting was held in the opera house, attended by the representative men of the town. Resolutions were unanimously adopted expressing entire confidence in the solvency of the institution, and stating that if the present management was continued all claims would undoubtedly be satisfied. This action tended considerably to allay public alarm. All the Grant county and school funds of the district are in the bank. The cause of the failure is unknown. Many rumors are afloat, but it is impossible to place credenco in them. The assets are not known, and the bank officials decline to make any statement. The capital stock of the Deming bank is $100,000, and of the one at Silver City $50,000.
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Two New Mexican Banks Closed. DEMING, N. M., Feb. 4.-Under orders from the comptroller of the currency the First National bank of Silver City, and the First National bank of this city, both under practically the same luanagement, have been closed. The suspension was unexpected and caused much excitement. The cause of the failure is unknown. A strong feeling of confidence among business men exists that the bank here will pay all creditors in full. The assets are unknown and the officials decline to make any statement. The capital stock of the Deming bank is $100,000, and of the Silver City $50,000.
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NEWS NOTES. WESTERN The for city ticket Liberal officers on Lake elected has raised bonus Obeyenne the building $200,000 000 a It that sooms smelter. probable the be will soon built. smelter the the year, During past carnings of of the the Foland register to eom land onico $2,626.96. amounted as receive homestead was fees $1,195.00. Mr. the Geo. attend coremonies for Home and The timber amount culture W. Childs will of the Childs at Union Printers on May Colorndo, This birth will 12. the be Mr. Childs Drexol Colorado anny Springs, universary of his visit to the far at circulated of towns Sierra to west. petition is in being the other the county ap commission of to be a Compliation Kingstock A and praying make special applied to of or the hosto or at be pital, near of for the use and Hillsboro, others. 27c; Eggs25@27 Markets. dairy 27@33: secDenver Jersey upland nifalfa $1.05 Wheat $1.45 New $1.12; Butter- Hay -new OF Outs- @750 potatoes 100 lbs: Cattle steers 20c; ond bottom $9 a 100 tbs; 65c $2.80 $3.50. cows good choice choice $1.90@ $2.50, $1.90 $2.15; native feeders. 25: choice 00@ HogsSheepchoice shorn $3.50. muttons $3.25CB 25.20.50. feeders of the creamery of common and English made ,000 and pounds to-day Manager have month, enough BAYS they the past of having the product butter 240 Most pounds of Laramic City. new Last the lacked to fill to orders. Den first and month of about the been $600 goes July the receipts were they have a very $1,800. about showing will soon and company the past This month Mr. certainly English reach thinks 700 Sun. the Charley the visitors springs. Cherry valley turkey hunting. good pounds the output per Van day Winkle Greeley went and one up of about It is said they that tame four birds, a in bought up them and shut succeed. they which after shooting of trophies th with the that their Billy skill. a saw and it; turkeyned ed returned in to town It also said feeding but along the and Billy, owner than small have matter, Las the Rawlins river became bank very row angry. and about brought home.rather paid Vegas $2 Optic. At of was there meeting Deming. the the house, opera it depositors as soon the that First known of had that Bank place closed National and doors, passed in bounded confidence the the expression cash Dane, C.H. of ier. and the Frank board Slebold, and their belief directors, asserting get would dollar e the that by extendof ing too en important e the irrigation of bank for dollar. became much aid to certain in that part Geer & Marcy, their McCarn Their to The of failure of the territory. bankington. firm have closed is cattle condition been have It is door ble arecable the vicinity. past who get years. at road men traceable behind to that for the this time will to bably going at they snop area in small certain sources due men. From and the best that double the the rethe amount it the amount obtainable more depositors. firm have dividual de of the all of every property for the they who d assigned description of their creditors. of the Salt 1. of ence being benefit Two Sergeant breakerstonovan had the expert- and a h by handcaffed woman wife, Mrs. ty the home Lake of nollee force, taken prisoners The serdiscoverDonovan. they were some y died without to turbing With e geant's ed them in while called and, the man covno plunder them. While Mrs. Dono- her which here of a bandcults their to for ne telephone it ered van put them had pair left home, sent the man and the when wagon ding the against escape robbert h if husband wrists. She then the patrol was with conshe She fident had 10 no to had help would tried have the so men have taken unsided. An was race exciting snow-shoo the 1st. Crested the point starting at 45 slopes degrees. was speed some feet per The held near hill an from angle of about to bo and in four runners each race leaving and The thing over did 100 all the of the winner three of of three his buried The #now two reach no heat the goal. from one to inners of each heat from team to a were decido final heat among of them.rom two the first heats to team five feet out of of the three contest The by winner team from of was the Lou Baney. Beecher of the and Jesso third. Hinckly, had three but These Lovesy. of the tie run, which decided justed was This heat. and in made another beautiresulted in ful 1, race. out came which first, and at Lovesy third. second of the of The closing bank Marcy: & at Geer the 1. Ratonia McCarn subject New interest g northern The throughout still that claim thowners m to meetall obliga10 they are The Las of the Mexico. of amply Vegas nb'o failure snys! said failure added tions. of the cause CRUBCS of aclation the in to n 10g The to The be oomeness deprecine of maniminal is made that,
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RECEIVER APPOINTED. - The controller of the currency has appointed Mr. Isaac M. Smith of McIndoe's Falls, Vt., receiver of the First National Bank of Deming and of the First National Bank of Silver City, both in the territory of New Mexico.
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ROUND ABOUT TOWN. Paid your poll tax? Many strangers in town. Ash Wednesday this, the first day of Lent. Regular meeting of Carleton post, G.A. R., at 7:30 p. m. Visiting comrades cordially invited. What's is the matter with that new sidewalk proposed for Palace avenue? Property owners petitioned for it a month since and yet, and yet-. Word has been received by the governor that Isaac M. Smith, of Vermont, has been appointed receiver of the First National banks at Silver City and Deming. Lieut. Wm. Paulding, A. Staab, Major McKinney, Geo. H. Cross, Arthur Robertson, T. J. Curran, R. E. Couey, Joseph Conklin, L. F. Parker and Frank Hudson were last night admitted as members of the Athletic club. The club now has a total membership of fifty-one. Mrs. Mary Teats, territorial superintendent of jail and prison work for the W. C. T. U., is in the city to-day, and paid a visit to the penitentiary. She goes shortly for a month's lecturing tour through Nebraska, thence on a similar mission to California and Texas. There was no plaza concert yesterday afternoon, but instead the 10th infantry band took up a stand in front of the Palace hotel at 5:30 and serenaded the justices of the land court. The memberz of the court sat out on the second floor piazza and enjoyed the music immensely. Don't fool with indigestion. Take Beecham's Pills.
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Vermont Man Given Office, WASHINGTON, March 2.-The controller of the currency has appointed Isaac M. Smith of McIndoes Falls, Vt., receiver of the First National Bank of Deming, and of the First National Bank of Silver City, both in New Mexico.
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once consideration of the silver bill. Sev of while in said they were coinage, ral them, opposed to free avor of the subject the conof the house. if a party sideration they might, giving They conference yield said should decide against them, would their individual views, but it be done with reluctance, if at all. Pierce, Bland and other silver men express undiminished confidence of heir ability to defeat on a vote any proposition working to the shelving Baror defeat of the free silver bills. tine of Nevada, who has led the fight among the Republican members for free coinage, says he does not believ the party will vote against its consideration. and thinks ten or more Republicans will be found voting for the passage of the bill. A MINORITY REPORT. March reof the Republican of port WASHINGTON, minority 1.-The committee the ways and m ans against the bill regarding cotton ties the and machinery for manufacturing same upon the free list has been prepared by Mr. Dalzell of Pennsylvania. The report says: This manufacture was created by the tariff policy and the same pendent protective upon policy difference for is de- its preservation, because of the between the rates of wages paid here It and abroad, and for other reasons. is perfectly apparent that any reduction of the duty below the protection the point would be a serious blow to in laborers of this country, employed this industry. In regard to cotton ties, the report the the measure recommended by says majority proposes to admit cotton ties free, but to preserve the duty on bar rel hoops of iron or steel. No reason a has been given for making such recommendation and it is difficult to either on list. Why the crude article, imagine the free why should be put to iron or steel, should be subject a duty and the more finished product of which the crude article is the raw ma of terial, should come in free, is one those difficult to be the language of the Under things understood. or steel propose of law, a hoop or band of iron any and all sizes up to the dimensions of of wagon tires, and even to the kind iron or steel that might be made into blooms, come in without the payment of duty. The minority also combats the proposition to place the machinery cotfor manufacturing cotton ties and ton bagging on the free list. 'No reason has been suggested by the majority," says the report, "for providing one kind of legislation for machinery relating to the cotton in- of dustry and another for all kinds machinery, and yeare satisfied there fore to dismiss this part of the bill with the remark that it is only of a piece with what seems to be the mischievous policy of the majority to deal with tariff legislation in spots without regard to consistency.' REGULATING NATIONAL BANKS. WASHINGTON, March 1.-The Sen ate finance committee today directed favorable report be made on the of is House bill for the better control and to promote th safety of national banks. The substance of the bill forbids banks to make loans to officers or servants, unless the loan has been approved by a majority of the directors or the executive committee; and also forbids banks to allow officers' accounts to be overdrawn. A new paragraph was added as an amendment, authorizing banks to enlargethe circulation to the full par value of the United States bonds deposited. House sothat if the bill must go back to the it passes the Senate. The committee ordered that adverse reports be made on four bills to remove the taxation of state bank circulation and subject national bank notes and United States treasury notes to state taxation. THE GREER COUNTY CASE. WASHINGTON, March 1.-Justice Harlan has rendered an opinion of the United States court in the original suit between the United States and the state of Texas to settle the question of domain over Greer county, the United States contending it is a part of the Indian Territory. The case came up on a demurrer by the state of Texas, which contended the United States supreme court had no jurisdiction to try the case. The court overruled the demurrer, PO the case came up for trial on its merits. Chief Justice Fuller and Justice Lamar dissenting. HOUSE. WASHINGTON, March 1.-Mr Dockfrom the committee reported ery appropriations, of Missouri, the bill, District and of Columbia appropriation to committee of the whole. House then went as referred The Bynum into commit- of Intee of the whole, Mr. diana in the chair, on the Indian appropriation bill. RECEIVER OF TWO BANKS. WASHINGTON, March 1. -The controller of currency appointed A. C.M. McIndoe+ Falls, Vt., of First National bank at Smith, the receiver Deming Silver and the First National bank at City, both in New Mexico.
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= Newport is making another effort to secure a United States public building. 1 Middletown Springs began the year with a surplus of $788.24 in the treasury. i West Dummerston selectmen have decided to build a bridge across West s river. 1 May's bobbin factory at North Troy turned out 90,000 of the wooden product last week. Ernest Booth of Essex Junction has been appointed assistant superintendent of the state reform school. t In school district No. 2 of East Poultney there are 350 inhabitants, 14 of whom are 90 years old or more. ] By the will of the late Judge Asa o. Aldis, St. Albans receives land known as Aldis hill for a public play-ground. t W. H. Mart of Burlington has a pair of suspenders that were made for his I great grandfather, and are 150 years old. I Washington county Good Templars in have adopted a resolution against the opening of the Columbian exposition on Sunday. on Col. William C. Holbrook, formerly colonel of the 7th Vermont regiment, i has been elected president of the 19th Army corps. ] A special town meeting has been called at St. Albans to see if the town will exempt the Vermont Construction company from taxation for five years. Trapper O. A. Chase of Hartland caught a silver gray fox the other day which is a very rare thing in this country. It is worth from $40 to $100. 1 Mr. and Mrs. E. B. Baldwin of Sharon , celebrated their golden wedding anniversary recently. All of their children, 10 in number, and four grandchildren were I present. . The comptroller of the currency has appointed Isaac M. Smith, of McIndoes Falls, receiver of the First National bank of Deming and of the First Naa tional bank of Silver City, both in the territory of New Mexico. ] The summary of the postoffice business I at Bennington for the year ending Decem8 ber 31, 1891, shows gross receipts of $12,059.19 and the expenses, $8438.80, of 1 which $3016.80 was for free delivery ser03 vice, leaving a net revenue to the government of $3618.39. The total amount for t the money order and registry division is 8 $33,497.29 for 4896 transactions. Regis8 tered letters and parcels handled, 2633. The death of Mrs. Smith of North I Bennington was announced and the funeral was to have occurred the 21st. On i Saturday, as the friends were in the room with the body, their astonishment was beyond description when she whom t they mourned as dead arose to a sitting posture and wildly exclaimed, "Are you going to bury me alive?" Mrs. Smith is t at present, insane from the effect of the strain upon her nerves while she lay apparently unconscious, but cognizant of all that transpired around her.
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DONA ANA COUNTY. From the Rio Grande Republican. -Last Monday afternoon at 2 p. m., Mrs. Refugio Beckwith died at her residence one mile southeast of Las Cruces, after a short illness, aged 57 years, six months and 26 days. -Sam Barlin, an old time miner died at Organ camp from pneumonia last Sunday and was buried Monday. -Messra. Numa Reymond and J. J. Dolan left Tuesday evening for Missouri, where they expect to arrange for pasturing a bunch of old cows for the San Felix Cattle Company. -The comptroller of the currency has appointed J. M. Smith of McIndos Falls, Vt., receiver of the First National bank of-Deming, and of the First National bank of Silver City.
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It will cover about 15,000 acres Navajo of once. land with water taken from the e Il river. the last meeting of the Grant members County e Commercial At club eighteen new busio They were all substantial memberjoined. The club now has a number d ness of men. forty-three. When the fee it shall ship have reached fifty the initiation members e be doubled. Many of the eight will paid their dues seven or in e have in advance and from present e dications months the club will be a permanent success.-Silver City Enterprise. t The way they do it down at Eddy: of 8 son of Dr. Thomas J. Kissner, with e 'Percv, Ohio, arrived last Sunday f some fine a in e car the buildings being e can be easily put up Valkenthe and a Van east, barn, Wert, containing stock, and framed will house be that of J. F. Van The in the "California i and son own two fine located doctor burg opposite colony." under forty cultiva- acre f which are partially vines ) tracts they also have a number of finely. and tion, fruit trees set out and doing one Their altalfa and millet shows well, a will make a good stand and the other fair crop." is reported on good authority that Receiver It Smith, of the First National has of Deming and Silver City, the 8 banks to the comptroller of at Washington that an it of the stockbolders be act probable that the currency recommended ment comptroller made will assess- and is and levy an assessment. on is paid it the settling up of the If the hasten the assessment suggestion will nearly material- affairs four of ly banks. It has now been deposthe since the failure, and the looking for a in itors future.-Silver City months the are near naturally Sentinel. dividend Henry Plata, San Juan, echoea: of La likewise took out a bunch forty Norman fat steers that he took to Denver, where they realized $41 a head. thousand eight hundred tons of alfalfa Four hay were raised by our ranchmen not a season; and of that quantity pound last is left. At one time it was thought Mr. tons would go over. Southard, 1,500 of Durango, visited this valley eggs. week and collected 120 dozen Cato last He paid twenty cents a dozen, barter, cents cash. * * * Mr. fifteen recently hauled a load of lumber He has Virden's mill, on Cherry Creek. of a from use some of it in construction will number of beehives. Mr. Cato land, is negotiating large for eighty acres of mesa dwel and in the fall will erect a frame ling. San Juan Times: What threatens to serious stabbing affray occurred bebe Monday a afternoon at Flora Vista Dave G. M. Teters and son and of tween and Ben Bragg. During the progress trial in Justice Page's court, in which the Tetera was the plaintiff and P. C. Weeks the defendant, and which finally resulted verdict for the latter, Teters became a in much a incensed at Dave Bragg, who, as witness for Weeks, gave in testimony and damaging to the plaintiff's cause, Teters after the conclusion of the trial and called Bragg out of the court room something that caused the two to said to blows. Wm. Teters stabbed come in the right side, the blade enter- and Bragg between the fourth and fifth ribs ugly ing penetrating the lung, making an this wound which bled profusely. At juncture Ben Bragg, a brother of hand the wounded man, came up and took a the scrimmage, giving young Teters that a in on the neck, a la Sullivan, minblow knocked him out, and for over five he remained in an unconscious dazed state utes for the balance of the day in a and condition. The Teters were immediately under arrest, the elder pleading fine. placed to assault and paying his placed guilty William Teters has since been under bonds to the amount of $500 to await the action of the grand jury.
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TERRITORIAL 1. A new national bank is soon to be t opened in Santa Fe. M. C. Freeman, e cashier of the Denver National bank, e is at the head of the project. The Union Pacific will extend its S line a few miles more down Red h . river, from Catskill, on account of 1 the large bodies of splendid timber. t The water company is not yet able to supply water enough for all the stamps at the Pacific mill. Ten stamps were in operation last week, but it is thought there will be water I : enough to supply all of them in a t few days. e The Consolidated Mimbres company's mill on the Mimbres river, near Georgetown, will be closed e down about the last of this month, and the company will suspend operations in the mines. Miners who hold leases will continue to work. A big concentrating plant is to be put in at the Bennett-Stephenson mine in the Organ mountains. A pipe line over two miles in length will be put in, through which the water supply for the plant will be obtained. The stockholders in the First National bank at Deming have until next Monday to pay an assessment of 82 per cent on their stock. The bank had a capital of $100,000, and if the assessment should be paid there will be $82,000 to be paid to the creditors of the bank. Mr. A. Clauson is having quite a streak of luck with bees. At his ranch on the Sugarite, one hive of bees has produced four swarms this season. What can be more convincing than this that here is the place for bee culture ?-Raton Range. The Miles Standish mine, at Lake Valley, has been bonded to Col. P. Mothersill for $30,000. This is believed to be the best mining property in Lake Valley outside the mines owned by the Silver Mining company. It has produced over $25,000 of ore, and is a very promising mine. A. C. Carwile and wife left for Iowa last week. Mr. C. had apparently recovered from his latest at. tack, and may recover entirely. His first attack, at Albuquerque, was much more violent than the subsequent one, here, when he went to Lone Monntain and stated that the Lord had told him to go to Cook's Peak. A change of climate and surroundings will no doubt be of material benefit to him.-Silver City Sentinel. Hon. Frank Springer, of Las Vegas, attorney for the applicants for an injunction against the Raton water works company taking water out of the Sugarite, had the injunction modified so as to allow the company to appropriate half the water flowing down that stream. Mr. Springer is too fair and just to ask for an unreasonable or oppressive order from the court. The people of Raton are indebted to him for his consideration.
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The Dane Banks. After nine months. a divident of 25 per cent has been declared by the defunct First National bank of Deming and 20 per cent by the First National bank of Silver City. Receiver Smith has sent on the necessary paper to the comptroller of the currency at Washington, and the funds for the payment to the creditors will be available in about ten days. Facts now seem to warrant the statement that the banks will pay about 60 cents on the dollar in final settlement, but a considerable time must necessarily elapse before matters can be closed. The stockholders are paying their assessments, the present dividend being the result of several thousand dollars received from this source a few days since. The dividend means the sum of $40,000 from the First National bank of Deming and $25,000 from the Silver City bank.
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BUSINESS FAILURES. THE MORE DISASTROUS ONES NOTED-BANKS GENERALLY. Jan. 11-First national bank, of Muncie, Pa. Jan. 23-First national bank of Downs, Kan.; $100,000. Jan. 25-Bank of Jefferson at Shepherdstown, W. Va. Jan. 29-Fall River county bank at Oelricks, S. D.: $30,000 Butler county bank at Chicora, Pa.: $60,000. Feb. 2-Commercial loan and savings bank at Kearney, Neb.: $150,000. Feb. 3-National bank of Silver City, and Feb. 4-Marcy, Geer & McCann's back at Raton, N. .M.; $800,000 First national bank of Deming, N. M. Feb. 6-Western Farm Mortgage Company at Denver; $1,000,000. Feb. 8 - Merchants' bank of Moorehead, Minn.: $175,000. Feb. 26-Newmarket (N. H.) savings bank suspended; $191,000. Mar. 1-Lima (0.) national bank. Mar. 21-Painesville (O.) Savings and Loan Association bank. Mar. 24 -American national bank of Birmingham, Ala. Apr. 15-Interstate national bank of New York. Apr. 27-Commercial bank of St. Paul, Minn.: ; $1,000,000. May 25-People's bank of Sea Isle City, N. J. June 4-Platte Valley bank at Central City, Neb. June 25-First national bank at Erie, Kan, Nesha county; losses, $30,000. Sep. 2-Nebraska State bank. at Crete. Sep. 23-Richmond (Me.) savings bank. Sep. 24-People's bank at Hope, Ark Oct. 17-Two Nebraska state banks, one at Ainsworth, the other at Springview. Oct. 27-Hot Springs (Ark.) Valley bank (private); $80,000. Nov. 5-Continental bank at Kansas City, Mo. Nov. 30-Stone City bank, of Joliet, 111., and Joliet Enterprise Co. (barb wire manufacturers); $1,000,000. Dec. 6-Wholesale mercantile firm of Wilczinski & Nelson at Greenville, Miss.: $100,000. Dec. 13-Black Hilis national bank at Rapid City, S. D. Dec. 13-Lipman & Co., jute merchants at Dundee. Scotland, failed for $1,250,000. Dec. 15-National bank of Newton, Kan. Dec. 18-Wholesale grocery in Brooklyn, N. Y.; $400,000. Dec. 26-E.S.Corser Minneapolis, real eastate dealer: $1,000,000.
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GLANCE BACKWARD. Review of the Many Important Happenings of 1892. Heavy Business Failures, Startling Casualties and Horrible Crines-Industrial, Political and Sporting Events, Disastrous Fires of the Year, Etc. BUSINESS FAILURES. MORE DISASTROUS ONES NOTED-BANKS GENERALLY. Jan. 11-First national bank. of Muncie, Pa. Jan. 23-First national bank of Downs, Kan; $100,000. Jan 85-Bank of Jefferson at Shepherdstown, W. Va Jan. 29-Fall River county bank at Oelricks, S. D.; $30,000 Butler county bank at Chicora, Pa.; $60,000. Feb. 2-Commercial loan and savings bank at Kearney, Neb.: $150,000. Feb. 3-National bank of Silver City, and Feb. 4-Marcy, Geer & McCann's bank at Raton, N. M.; $800,000 First national bank of Deming, N. M. Feb. 6-Western Farm Mortgage Company at Denver; $1,000,000. Feb. 8 - Merchants' bank of Moorehead, Minn.: $175,000. Feb. 26-Newmarket (N. H.) savings bank suspended; $191.000. Mar 1-Lima (O.) national bank. Mar. 21-Painesville (O.) Savings and Loan Association bank. Mar. 24-American national bank of Birmingham, Ala. Apr. 15--Interstate national bank of New York. Apr. 27-Commercial bank of St. Paul, Minn.; $1,000,000. May 25-People's bank of Sea Isle City, N. J. June 4-Platte Valley bank at Central City, Neb. June 25-First national bank at Erie, Kan, Nesha county: losses, $30,000. Sep. 2--Nebraska State bank. at Crete. Sep. 23-Richmond (Me.) savings bank. Seu 21-People's bank at Hope, Ark Oct. 17-Two Nebraska state banks, one at Ainsworth, the other at Springview. Oct. 27-Hot Springs (Ark.) Valley bank (pri-, vate); $80,000. Nov. 5-Continental bankat Kansas City, Mo. Nov 30-Stone City bank, of Joliet, 111., and Jollet Enterprise Co. (barb wire manufacturers); $1,000,000. Dec. 6-Wholesale mercantile firm of Wilozinski & Nelson at Greenville, Miss.; $400,000. Dec. .11-Black Hills national bank at Rapid City, S. D. Dec. 13-Lipman & Co., jute merchants at Dundee, Scotland, failed for $1,250,000. Dec. 15-National bank of Newton, Kan. Dec. 18-Wholesale grocery in Brooklyn, N. Y.; $400,000.
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Notice of ortgagees Sale, Under and by virtue of a certain mortgage executed by J. W. Williams and his wife Ella 8. Wii. liams on the second day of June 1898 to the First National Bank of Deming, New Mexico, Isaac M. Smith Receiver, to secure the payment of three promissory notes dated Deming, New Mexico, Fub'y 8th 1890 executed by J. W. Williams and Ella S. Williams to Frank II. Sieboid and en dorsed by the said Frank II. Miebold to the First ational Bank of Doming. New Mexico, two of said notes are for the am of Two hundred 200) Dollars each with Interest at the rate of 12 per cent from date and one of which is due If months after date and the second one 80 months after date and the third note calling upon its face for the Pum of (8400) Three hundred dollare and due in 83 months after date and Default having been made In the payment of the said notes and the interest due upon the same. Now I, Edwin L. Foster as the Receiver of the First National Bar k of Deming, New Mexico, and as the successor of Issue M. Smith Deca'd Receiver of said National Bank will well at Public Auction. the following described property vist Lots Seven (7) and eight (8) In Block No. Six (f) of the towneite of Doming, New Mêxico to. gether with all improvements thereon for Cash on the 7th day of July A. D. 1898, at ten o'clock A. M. of said day at the front d or of the properly described lap said Mortgage in the town of Deming, Grant County, New Mexico, to antisty the payment of the notes described in said Mortgage and the interest due upon the same together with coals of sale. E. L. FOSTER, Receiver First Nati nal Bank, of Deming, New Mexico. at H. L. PICKETT, Att'y for Receiver.
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Southwest News From All Over New Mexico and Arizona (Western Newspaper Union News Service.) First actual work on the reconstruction of the Apache trail east of Mesa to Roosevelt has been launched. In the arrest of a man who gives his name as "Albert Clark," Santa Fé police think they may have a clue of importance in solving the Vidal Lopez murder mystery. At the recent election held in Tularosa, N. M., a majority of the residents of the city went on record as in favor of the $75,000 bond issue for the building of a new waterworks. The First National Bank of Deming has closed a deal with the bank at Columbus by which the business of the latter will be transferred to Deming and will be handled by the First National here. Reports of the hunters of the Biological Survey show that 126 predatory animals have been killed in New Mexico since the first of the year. In the Black range and the Gila country many-mountain lions have been killed. Children, either in a spirit of play or unmindful of the consequences of their act, almost caused the derailment and possible wrecking of Southern Pacific passenger train at Yuma, Ariz., when they placed several spikes on tracks just south of Yuma. An "International Run" from Phoenix to Nogales, Mexico, is being planned by the Automobile Club of Arizona and the good roads entertainment committee, J. J. Montgomery, chairman, as the crowning feature of the big national good roads convention to be held in Phoenix during the week of April 24. Jewell A. Bostick, charged with importation, possession and transportation of 162 quarts of tequila, has been bound over to the federal grand jury under bond of $2,000 and committed to the Pima county jail, according to commissioner's records filed in the office of the United States District Court at Tucson. Members of the Maricopa county board of supervisors, at a recent meeting, voted to join with the supervisors and commercial bodies of Cochise, Santa Cruz, Pima, Pinal and Yuma counties in requesting the governor of Arizona and the State Highway Department to designate the Southern Arizona Interstate highway a primary interstate route. W. S. Eason, a resident of Deming, N. M., has been held to the grand jury under bond of $500, charged with Illegal voting at the recent election. While it is said that Eason had lived in the state and county the required length of time, he had been in the precinct only two weeks. His ballot was challenged at the polls but he nisisted on casting his ballot. The New Mexico Cowboys' Reunion Association voted to hold the eighth annual roundup at Las Vegas July 3, 4 and 5. Business men have raised the required purse, and the reunion will offer, as usual, $5,000 in prizes for roping, brone riding, steer bulldogging, cowboy and cowgirl races, fancy roping and riding, and all the events that go to make up a first-class rodeo. When the war finance bill, an emergency measure introduced in the Senate by Senator James Scott of Navajo county, became effective with the signing of the bill by Gov. Thomas E. Campbell, loans to Arizona cattle and sheep men by the War Finance Corporation amounting to approximately $1,500,000, which have been held up awaiting the passage of the measure, were released. Apple Blossom day, one of the biggest events in New Mexico, was held in Roswell April 18. All the business houses in the city were closed. On account of the fact that there has been little snow during the winter in the Gila country near Silver City, N. M., all visitors and tourists have been asked by the officials of the forest service to guard against fires during the summer. May and June will be the worst months and special guards will be stationed in then ational forest during these months. The forests have been well posted and everything possible done to save the country from fires. The state of Arizona stands to lose $20,000 as the result of the action of former State Treasurer Harry S. Ross in accepting the bond of the Central Finance Corporation as surety for state funds deposited with the Bank of Willcox. This is the significance of a decision handed down by the Supreme Court at Phoenix in the matter of the receivership of the bank, in which it is held that the state is not a preferred creditor as claimed by the attorney general. Governor Campbell has approved the claim of Frank S. Faurot of Weiser, Idaho, former deputy sheriff of Washington county, Idaho, for the $1,000 re-
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What of the Future? Deming has lost its second and last banking institution. The Headlight submits that now is the time to sit steadily in the boat, for sane, think ing citizens to speak with wisdom and act with discretion. Accusations and recriminations might offer a safetyvalve for supressed feeling, but they mean nothing and ouly add to the general distress. Many Deming citizens have lost their savings, the result. in many cases. of long hard years of toil. They are entitled to the help and sympathy of every rightthinking person. A great misfortune has befallen, and it should draw the citizens together in a bond of understanding. Whatever may have been contributory causes of the failure. the fact remains that the hard economic conditions, largely brought about by the low price of cattle and the drouth, is the basic cause. These conditions caused the closing of the First National Bank, and another New Mexico bank that suspended on the*same day as the Bank of Deming. There may have been other reasons for the failure, but rehearsal of them at this time would contribute nothing toward the solution of Deming's problem. Deming citizens have not been pulling together, and the community is now gathering the bitter fruit of its failure to cooperate for the good of all. The outcome has been the simple answer to the formula of cause and result. Things could have been quite different. but it is too late to dwell on the past; what of the future' Will Deming now repent and mend its ways On the answer to that question depends the economic and social rehabilitation of this community. If every citizen will think for himself. and act in accordance with his own judgment, this city will have begun its regeneration-With charity for all. with malice toward none." The Sierra County Record is the name of a new weekly newspaper recently found among The Headlight's exchanges. It is published at Hillsboro by Lewis D. Thatcher. Hillsboro has ben quite awhile without a newspaper and no doubt the community is glad to have Mr. Thatcher fill a local need.