National Revere Bank (Boston, MA)

Episode Information

Episode UID
129500885
Episode Type
Suspension → Closure
Bank Type
national
Bank ID
12950 national
Charter Number
1295
Start Date
September 27, 1873
Location
Boston, Massachusetts (42.358, -71.060)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
dd16f30c938912a8

Response Measures

None

Description

Includes an 1873 city-wide partial suspension and a separate 1898 voluntary liquidation/closure.

Events (4)

1. June 16, 1865 Chartered
Source
historical_nic
2. September 27, 1873 Suspension
Cause
Macro News
Cause Details
Collective suspension by Boston banks in response to the nationwide financial panic of 1873 (prevent drain of currency)
Newspaper Excerpt
the Boston banks, as a precaution... do from this date and until further action adopt the same measure
Source
newspapers
3. December 19, 1898 Suspension
Cause
Voluntary Liquidation
Cause Details
Directors/stockholders voted to place the bank in voluntary liquidation, effective Dec. 19, 1898
Newspaper Excerpt
The directors of the Revere National Bank, of Boston, have voted to place the institution in liquidation on Dec. 19.
Source
newspapers
4. December 19, 1898 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (13)

Article from Chicago Daily Tribune, September 28, 1873

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BOSTON. Special Dispatch to The Chicago Tribune. BOSTON, Sept. 27.-At a meeting of the officere of the Boston banks this morning, the resolution was taken to follow the course of the New York banks and suspond currency payments. There was but little discussion. It was evident that when 80 many were suspending, to hold out longer would only subject them to an embarrassing and dangerous drain. The step was solely a measure of self-protection forced upon them by the action elsewhere. Checks for small amounts for the current uses of business will be paid as usual. THE SITUATION HERE differs from that in New York in one particular. There they have pooled their resources : here they have not. The resolution adopted at the meeting was as follows: WHEREAR, The banks in all the large cities in the United States have deemed it prudent and expedient to suspend currency payments for largo amounts; therefore, Révolved, That the Boaton banks, as a precautionary measure for themselves and the mercantilo community, and to prevent the consequent drain of the currency from them, do from this date and until further action adopt the same measure, Resolved, That a Committee of Five be appointed by the Chuir, who shall have the power to issue loan-certiticates to the aniount of $10,000,000, upon substantially the same basis as issued by the banks of Now York City. Until yesterday it was confidently hoped that we should ride over the panic without resort to such measures, but the increasing drain of ourrency to New York necessitated action, and the resolutions were adopted unanimously. The interference with business brings the difficulties of the situation more immediately home to large classes than like proceedings elsewhere, but, on the whole, there is as firm faith that we can hold ou and withstand a general crash 88 ever. The first suspension reported since the panic began is that of the New Eugland Iron Company at Hyde Park, a Boston suburb. It is said that the suspension was caused through disagreement of the Directors, which resulted in an attachment, and some notes were protested, though it is understood that the Company has been carrying heavy mortgages, and has lost through the stringency of the money market and the low price of iron. Several large contracts are on hand, some of which are well under way. Three hundred men are thrown out of employment. The selling agent in this city thinks that work will be resumed soon.


Article from Oxford Democrat, September 30, 1873

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LATEST. The latest telegraphie up to Monday, 29th, is that the suspension by banks of currency payments in large sums. is becoming general. The Boston banks have adopted this course, as a precaution. ary movement. The Stock Exchange is to open Tuesday, 30th, and an improved state of feeling exists. Quite an eff'ort will be made to secure specie payments. Five Chicago Banks Suspended. The Union National, Manufacturers National, Second National, Cook County and National Commerce banks have clos. ed their doors. Other National banks are paying regularly. There is considerable excitement among business men, and the grain trade shows the effect.


Article from New-York Tribune, October 1, 1873

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THE SITUATION ELSEWHERE. CONDITION OF THE BOSTON BANKS-AN IMPROVING STOCK MARKET-EFFECT OF A BANK DEFALCATION ON HARTFORD AND ERIE-RESULTS OF THE MONEY STRINGENCY IN MANUFACTURES AND TRADE. [BY TELEGRAPH TO THE TRIBUNE. BOSTON, Sept. 30.-The full benefit of the loan certificate arrangement is not yet felt, for the plan is not yet in full working order. The banks were lable to discount more generally than heretofore, but the available supply of money has, of course, been inadequate. In the course of a day or two, however, everything will be adjusted, and it is not anticipated that there will be a lack of currency then. The discounting of the banks to-day has only been to meet urgent necessity, and outside the best paper has gone begging. The bank statement reflects the struggles of the past week. Their available resources have been drawn away to the extent of some $5,000,000; deposits have been drawn down $3,369,700; balances due other banks, $1.753.800; circulation. $4,700. To meet this, loans have been reduced $2,275,000; balances due other banks, $2,516,000. The legal reserve has been diminished less than half a million, and the banks are relatively stronger than before the panic. Stocks sold higher; railroads gaining from one to three per cent (Michgan Central gaining the latter figure), and mining stocksfrom one to five. Late in the afternoon. after the closing of the Board, there was a bad break in Hartford and Eric 78, caused by the discovery that Lovett, the defaulting cashier of the Hingham Bank, had been speculating in them. Prices at the Board ruled at 24 to 25; but 20,000 were thrown on the market then, and the price went down to 22-the lowest price for years. No steps have yet been taken for the arrest of the cashier. and at last accounts he was still at the bank. The depositors will lose nothing. and the directors will reduce the capital and continue. One of the curious features of the pante has been the unusual amount of exports for the past week and the large receipts of breadstuffs. The receipts of flour show au increase of 5.284 barrels, and of corn 78.000 bushels over the previous week. The exports for the past three days have amounted to over $800,000, more than for any three days of the present year. Manufacturers have not been seriously embarrassed, and do not anticipate any more trouble. J.1 P. Squire & Co., large pork packers, having about 1,000 employés, were slightly embarrassed, and discharged about 100 men. but will take them back at an early day. The American Watch Company and the Howard Watch Company are the only other prominent manufacturers that make any reduction in their force. The Hinckley Locomotive Works employs 500 men. and asits present orders re-nearly all for the Chicago, Danville and Vincennes, and the Atlantic and Pacific roads, it expects no trouble from the panic. PHILADELPHIA FAILURES-STATEMENT OF CLARK & CO. PHILADELPHIA, Sept. 30.-A meeting of the creditors of E. W. Clark & Co. was held to-day. A statement was made. showing as follows; $1,042,526 Liabilities secured 1.041.498 Liabilities unsecured $2,084,024 Total Assets. including stocks, bonds, loans. bills receiva2,464,355 ble, and other securities and real estate $380,331 Leaving a surplus of A committee of three was appointed to investigate the affairs of the concern. The meeting was unanimously in favor of rendering proper aid to the firm in its efforts to realize on its assets and make settlements with its creditors, believing that their own interests would not suffer by pursuing such a course. The report that the firm of Martin, Londenberger & Co. had suspended is contradicted. Harrison Grambo, who failed 80 disastrously nearly a year since, has resamed business, having settled nearly $900,000 of his liabilities. STRANGE CONDUCT OF A KANSAS BANK OFFICERSUSPENDED BANKS REOPENED. LEAVENWORTH, Sept. 30.-There is mueh indignation among the stockholders and dépositors of the First National Bank, *in this city, in consequence of the Vice-President ordering the bank to suspend, and at the same time drawing nearly $100,000 in currency to sustain n the credit of Scott & Co., brokers. of which firm the Vice-President, Lyman Scott. is a partner. The German Savings Bank, and Insley, Shire & Co., bankers. reopened yesterday. and are abundantly able to meet all demands. Other banks here are paying checks in limited sums. FINANCIAL EXCITEMENT IN GERMANY-THE BULLION MOVEMENT. LONDON, Sép. 30.-A special dispatch from Berlin hints at financial troubles in Germany. Fancy stocks and bank shares are not salable, and some have fallen as much as 20 per cent. There is some talk of Government interference. The £50,000 drawn from the Bank of England on balance, to-day, is to be shipped to New-York. The steamship Donau, which sails from Southampton for New York to-day, also took £136,000 in bullion. LATER.-The Gazette publishes a notice for a meeting of the creditors of Clews, Habieht & Co. on Nov. 23. The steamer Parthia, which sailed to-day for New-York, took $100,000 in bullion. FINANCIAL NOTES. There was no particular change in the financial situation at Cincinnati yesterday. Harrisburg manufacturers approve the action of the banks of that city in adopting the certified check plan. The banks of Memphis have resolved not to suspend, but to open, in addition to the usual business, an exchange account. to be paid in kind, for the purpose of moving cotton. Responsible merchants have subscribed and paid in $320,000 to the First National Bank, which will enable it to resume business at once. The Providence banks adopted, yesterday, a report recommending a liberal policy on the part of banks toward each other and customers; that each bank should request its depositors to draw checks payable through the Clearing-house, and should certify checks payable through the Clearing-house; that deposits made in banks in currency be paid out to such depositors in currency, and that deposits made in certified checks be paid in kind. The Providence banks are in a generally


Article from Ellsworth American, October 2, 1873

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# A DECIDED IMPROVEMENT. NEW YORK, Sept. 29.-(Noon.) Affairs in financial circles show a most decided improvement to-day noon as compared with Saturday. There is a feeling of buoyancy. On Broad street the brokers are anxious to have the Board re-opened. They are doing considerable business this morning in filling cash orders for stocks but decline most of them to operate either to-day or to-morrow on a margin. A few houses offer to buy and sell on a twenty per cent. margin. Stocks continue to improve in price and but few offered. # JAY GOULD INTERVIEWED HE THINKS THE PANIC IS OVER AND IS ANXIOUS TO RENEW SPECULATION. Jay Gould was interviewed yesterday by a reporter to whom he gave his views on the financial situation substantially as follows: "I think the panic is over. I have every faith now in advance in prices and believe that the market will be more buoyant than for a long time past. Wall street has been cleared out of a great part of its worthless stocks and so called securities by the purifying process of the panic, and there are comparatively few stocks now quoted except those of real value." # THE SAVINGS BANKS. BOSTON Sept. 29. At the meeting of the officers of savings banks in Boston and Charlestown, held to-day, the following resolutions was passed: Resolved, that in the judgement of the meeting it is expedient and advisable that the savings banks of Boston and vicinity enforce the by-laws of their several institutions relating to the withdrawal of deposits, and until otherwise advised that the savings banks at their discretion pay drafts for small amounts only.


Article from St. Johnsbury Caledonian, October 3, 1873

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# Suspension of the Boston Banks. BOSTON, Sept. 27. - A meeting of the presidents of the several Boston banks was held at the clearing house at 11 o'clock, this forenoon, when the following resolutions were adopted by a unanimous vote: Whereas, the banks in all the large cities in the United States have deemed it prudent and expedient to suspend currency payments for large amounts; therefore, Resolved, That the Boston banks as a precautionary measure for themselves and the mercantile community, and to prevent the constant drain of currency from them, do from this date and until further action adopt the same measure. Resolved. That a committee of five be appointed by the chair who shall have the power to issue loan certificates to the amount of ten million dollars upon substantially the same basis as issued by the banks in New York.


Article from Burlington Weekly Free Press, October 3, 1873

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The Action of the Banks. The New York banks, in order to prevent further drain of greenbacks, and new lock-ups of currency, already in too scanty supply, found it necessary to refuse payments of large checks and drafts, while still holding themselves prepared to cash small checks, drawn in the ordinary course of business. Similar action at once became necessary in other monetary centres. Thus the Boston banks found that New Yorkers were picking up Boston checks, and that large sums of greenbacks, were being sent from Boston to New York. They at once held a meeting for concerted action and adopted the same measure of partial saspension. The same causes led to the same precautionary measure] on the part of the banks in Philadelphia, Baltimore, Chicago, Cineinnati, Indianapolis, and other large cities. Probably a majority of the banks of the principal cities of the Union have by this time followed the example of New York. The country banks are not in equal danger of drains of currency, and probably do not in many cases find it necessary to give formalinotice of similar precautions. Yet their attitude, in the nature of things, must be substantially the same. While all goes on quietly and on the usual course of business, they will make no difference in their mode of doing business; but they would unquestionably meet any concerted or unusual demand for currency, by a refusal to pay greenbacks and a tender of some other form of payment, as certified checks, or drafts. Our Burlington banks are sound and strong ; and as long as our business men and community generally keep their heads, and make no unnecessary or unusual demands. they will unquestionably keep right on in the ever. tenor of their way, responding as usual to all ordinary demands. While the banks tbus do their duty, it is for the community to remember that a duty also rests with them. No one should hoard greenbacks, or needlessly withdraw them from circulation. Let every one that has cash use what he needs, and thus keep it moving; and deposit what he does not need in the banks, to help keep up their supply of currency. With such wise action, there need not be, and we suppose there will not be, any disturbance of the usual course of business among us.


Article from Knoxville Weekly Chronicle, November 5, 1873

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# HOW THE COUNTRY STANDS THE CRASH. Items About Finance, Trade and Workshops, The Evening Post of the 28th says of the situation in New York: Whatever change there is in the general situation seems to be for the better. It is certain that the banks are improving, the gain in legal tender notes, according to this morning's report to the Clearing House, having been over one million dollars. In a few days the pooling of legal tenders by the banks will be discontinued, and a very large gain, will then, it is thought, be apparent. The Times says: In regard to the November dividends upon railroad bonds and stocks, we have reason to suppose that the defaulters will be less numerous than apprehended a fortnight ago, owing to the improvement in the bank movement and supply of currency. Earnest efforts are being made to provide the interests of several railroad loans of comparatively recent creation, which seems to be imperiled by the suspension of the bankers of the roads in September. New York funds are reported more plenty at Boston, and the banks of both cities will no doubt resume currency payment in full at the same time. Indeed at Boston the banks claim that they have already resumed in full. In Philadelphia the payments of currency are also nearly up to the demand. Nearly all whose necessities require currency get it on demand. A Washington dispatch of the 28th says: Representative Kelly, of Philadelphia, arrived here to-day, and this afternoon had quite an interview with the President on the condition of National finances. His well known views in favor of a convertible bond by which the forty-four millions of legal tenders can be issued, found no little favor with the President, who, recent other facts indicate, is much more in accord with Judge Kelly's inflation policy than the latter had expected. Serious results of the panic are felt along the Hudson. The extensive brick yards near Poughkeepsie have all stopped, and employing carpenters and manufacturers are working with half the usual force. The extensive paint works of Gardner & Co., at Little Falls, Cohese, Rochester, Pleasant Valley, Newberg, and Haverstraw stopped Saturday, and 10,000 men are out of employment. The firms paid $500,000 a month to employees. Factories in other places have either stopped or reduced time and wages.


Article from St. Johnsbury Caledonian, August 17, 1893

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LETTER FROM BOSTON. Some Fast Trotting.-Some Queer Features of the Financial Stringency.Winthrop's Coaching Parade. [Editorial Correspondence.] Ten thousand people endured Saturday's intense heat at Mystic park, Medtord, to see less than three minutes of fun. Within that time Nancy Hanks had trotted a mile to beat her record of 2.04. She failed to do it, but made the remarkable fast time of 2.081/4; first quarter, 321/4; half, 1.031/4; three quarters in 1.35 and the last and slowest quarter in 331/4 seconds. She trotted in beautiful shape, but tired herself before the home stretch was reached. Mr. Doble used the whip sparingly on the last quarter, but the great trotter was doing her best and could not keep up the fast time of the second and third quarters. Nancy Hanks was accompanied by a running mate and trotted in beautiful style. Thesameday Nelson, Maine's famous stallion, reduced his record to 2.09. One of the most curious features of the present financial stringency is the scarcity of currency. So much has been drawn out of the banks that they hate to part with any more, and 3 and 4 per cent premium was paid for currency last week. Thisis the first time since 1873 that such a premium has appeared and some people have netted snug sums by selling hoarded money to brokers and bankers. In many cases the banks refused to cash checks and two instances came to my knowledge where checks on Boston banks amounting to $25 and $90 could not be cashed at other Boston banks. At the office of register of deeds here checks of 65 cents are received for recording titles, owing to the scarcity of small change. The 60 days notice which the banks have enforced has prevented any runs on these institutions, but has been a great disapointment to the smaller stockholders. Many of the latter were women who were sure that their money was unsafe in the big Boston banks. Ofcourse in some cases the money was wanted for immeadiate use' In such cases the banks did all they could to accommodate their customers. A great many firm's are sailing very close to the winds and would be wrecked if they were hard pressed by either their creditors or the banks which hold their notes. But money is a little easier than it was last week and everybody is taking a more hopeful view of the situation. One of the prettiest suburbs of Boston is the town of Winthrop, five miles from the Hub, with eight miles of water front and three miles of ocean shore and beach. It is easily accessible by boat or rail from the city and is the permanent home of many Boston business men and the summer residence of thousands of


Article from The Indianapolis Journal, November 16, 1898

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TELEGRAPHIC BREVITIES. A conference of well-known anti-imperialists of Boston will take place within a few days. The National Fox Hunters' Association inaugurated its meet at Bowling Green, Ky., yesterday. The Alabama Legislature convened at Montgomery yesterday. The Governor's message will be read to-day. The directors of the Revere National Bank, of Boston, have voted to place the institution in liquidation on Dec. 19. The Canadian minister of justice has decided for the present to discontinue prosecutions under the alien labor act passed in 1897. The Texas Consolidated Compress and Gin Association, with main offices in Corsicana, has been placed in the hands of a receiver. Canada's new governor general, Lord Minto, accompanied by his family and staff, arrived at Ottawa yesterday, and was given an enthusiastic reception. The executive board of the National Fraternal Conference, composed of the supreme officers of the Knights and Ladies of the Maccabees, is in session at Baltimore. H. B. Eckham, formerly of the firm of Nadeau & Co., of Nadeau, Kan., who is wanted for the alleged embezzlement of $40,000, is under arrest at Albuquerque, N. M. Hoadly & Co., of New York, composed of Russell H. Hoadly and Chester C. Munroe, shipping and commission merchants, have made an assignment. They did an export and import trade in rubber, coffees, skins, etc. Judge Showalter, of the United States Circuit Court, at Chicago, has handed down his decision in the suit of Mayor Bernhard against the National Linseed Oil Company for a receiver. The court denied the receiver. At a meeting of stockholders of the American Brake Company, in St. Louis, yesterday, the proposition to consolidate with the present lessee of the company, the Westinghouse Air Brake Company, was carried by a large majority. Leighton Lee, a Philadelphia engineering contractor, who was injured at Chicago Oct. 14, by falling from the South Side elevated structure, died at Mercy Hospital yesterday. The remains will be shipped to Philadelphia for interment. At the annual meeting of the stockholders of the New York baseball team the old board of directors were re-elected. Andrew Freedman was re-elected president of the club without opposition. The salary of the president is to remain $10,000. The War Department is informed that the transport Michigan, with the Fifth Cavalry on board, has arrived at Ponce, Porto Rico, and that as soon as ready the vessel will transport the batteries now at Ponce destined for service in Cuba. At San Francisco yesterday Judge Troutt issued letters of guardianship to Mrs. Kluge-Sutro, the alleged contract wife of the late Adolph Sutro, over the persons and estates of the minor children, called Adolph and Adolphine Sutro, respectively. Rev. Charles Manley, D. D., late president of Furman University, at present OCcupying the chair of moral and mental philosophy and physiology of the Patrick Military Institute, at Anderson, S. C., has accepted the pastorate of the First Baptist Church of Lexington, Ky. Tom Gallagher increased his lead over Edward McLaughlin at New York last night in the eighteen-inch balk line billiard tournament. In the twenty-second inning he clipped off 61 points, the highest run thus far. His total for the two nights is 600, and McLaughlin has 413 to his credit. An important meeting has been called for the near future of the steel rail manufacturers of Pittsburg and surrounding sections. The purpose of the meeting is to attempt to revive the old steel rail pool which exlsted throughout the country for many years and which was disbanded about a year ago.


Article from The River Falls Times, November 22, 1898

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Otherwise. A plate trust with $50,000,000 capital is said to be forming at Chicago. Typhoid is rampant among the soldiers at Honolulu. The National Live Stock association convenes at Denver Jan. 24. Senator Stewart of Nevada telegraphs that he will have a two-thirds majority in the legislature. The defeat of Senator Turple of Indiana is a decisive victory for the Nicaraguan canal people. The naval architects and marine engineers are holding their sixth general meeting at New York. It is understood that negotiations to revive the steel rail pool are under way at Pittsburg. Zinc is $36 per ton and $40 is anticipated this week. The highest price ever reached before was $34. In Plymouth church, Brooklyn, a movement was inaugurated to provide employment for Cubans. Independent strawboard plants will consolidate against the American Strawboard company. William Bryan, plumber, New York, has filed a voluntary petition in bankruptcy with liabilities of $138,000 and no assets. Through the efforts of Gen. Joseph Wheeler over 100 colleges will grant free tuition to two or more young Cubans. An order has been issued in the United States court at Chicago for the sale of the Metropolitan Elevated railroad at an upset price of $6,000,000. The directors of the Revere National bank of Boston have voted to place the institution in liquidation on Dec. 19. The orden publico force, cavalry and infantry regiments, have been disbanded at Havana after a part payment of arrears had been made. A dispatch has been received announcing that the hospital ship Scandia has sailed from Manila for San Francisco with about seventy sick soldiers. All the potent interests in the tin plate industry are now getting together in the formation of the combination which is to be capitalized at $50,000,000. It is rumored that Senator McMillan of will succeed Secretary to and Hay Michigan that as ambassador Secretary Alger Great will Britain, succeed him in the senate. Receiver Oscar G. Murray, of the Baltimore & Ohio railroad, denies that there was a disagreement with James J. Hill over the successor to W. M. Green as general manager. Window glass factories, with a ca-, of about started work men and are pacity at Pittsburg boys 1,100 and earning nearly pots, their 10,000 first money for over six months. There is much comment over the conduct of President Orr, of the New York chamber of commerce, at the banquet Tuesday night in toasting the queen before the president. All white officers of the Sixth Virginia have resigned except Lieut. Col. Croxton and Lieutenants Heath and Richardson. The lieutenants are on special duty and not in command of negro soldiers. The transport Ohio left Honolulu for Manila on the 7th, the Indiana on the 8th and the Zealandia on the 11th. fever broke out on Typhoid the for Ari- Mazona just as she was to sail nila. The engagement is announced at Worth, Tex., of Miss Fannie Halbert of Mills, to Senator Fort Mills, Roger daughter Q. United First States Lieut. George Richards, United States Marine corps. torpedo boat Davis, which suson her tained The an accident trial will trip by be men were killed, trial at in her trial at The given which Farragut, another seven Portland, San Fran- Or. cisco, fell below speed. Tobacco ly Isherwood & The Chase, Buckeye Co., works, of former- Toledo, oldest tobacco has Ohio, closed the permanently firm and in retired Ohio, have from business. The proprietors been to meet the of the and to trust unable preferred competition close solvent. court has the of the supreme of judgment The supreme affirmed court of Washington, enjoining the city from on the that works, Walla Walla ground building this violated watera by which chise was to a stipulation given private the water company. franminers employed in the vicinity B. C., have up all laborers of The Silverton, the Chinese in rounded the various and shipped them the The are district. camps Mongolians out expect of ed to return to China by the next steamer


Article from Semi-Weekly Register, November 25, 1898

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Otherwise. trust with $50,000,000 Chicago. capi A is plate said to be forming at the soltal Typhoid is rampaut among at Honolulu. diers National Live Stock association convenes The at Denver Jan. 24. Stewart of Nevada two-thirds telegraphs Senator that he will have a majority in the legislature. of Senator Turple Indiana The defeat is a of decisive victory for the Nicaraguan canal people. naval architects and sixth marine genengineers The are holding their eral meeting at New York. understood that negotiations under to revive It is the steel rail pool are way at Pittsburg. Zinc is $36 per ton and $40 highest is an this week. The $34. ticipated price ever reached before was Plymouth church, Brooklyn, a movement In was inaugurated to provide employment for Cubans. will Independent strawboard plants American consolidate against the Strawboard company. William Bryan. plumber, New in bank- York, filed a voluntary petition and no assets. has ruptey with liabilities of $138,000 Through the efforts of Gen. will Joseph grant over 100 colleges young free Wheeler tuition to two or more Cubans. order has been issued for in the the An States court at Chicago railUnited of the Metropolitan Elevated $6,000,000. sale road at an upset price of directors of the Revere National place The Boston have voted to Dec. bank the institution of in liquidation on 19. orden publico force, cavalry been and disThe regiments, have payinfantry banded at Havana after a made. part ment of arrears had been dispatch has been received Scan- anA that the hospital ship for San nouncing sailed from Manila sick solFrancisco dia has with about seventy diers. the potent interests in the tin toAll industry are now getting the complate in the formation of at gether bination which is to be capitalized $50,000,000. rumored that Senator Secretary McMillan It Michigan is will succeed Britain, of ambassador to Great succeed Hay and that as Secretary Alger will him in the senate. the Oscar G. Murray, denies of that Receiver & Ohio railroad, James Baltimore was a disagreement with W. M. there Hill over the successor to Green J. as general manager. Window glass factories. with started a caof about 1,100 pots, 10,000 pacity at Pittsburg and nearly first work and boys are earning their the money men for over six months. is much comment over the New There of President Orr, of at the conduct chamber of commerce, the banquet York Tuesday night in toasting queen before the president. white officers of the Sixth Vir- Col. All have resigned except Lieut. and ginia and Lieutenants Heath are on Croxton The lieutenants of Richardson. special duty and not in command negro soldiers. transport Ohio left Indiana Honolulu on The on the 7th, the 11th. for 8th Manila and the Zealandia on the the Arithe fever broke out on for Mazona Typhoid just as she was to sail nila. engagement ie announced Fannie Hal- at The Worth, Tex.. 01 Miss States Fort Mills, daughter of United Lieut. bert Roger Q. Mills. to First Marine George Senator Richards, United States corps. torpedo boat Davis, trial which trip sus- by tained The an accident on her killed, will be seven men were which another trial at Portland, Fran- Or. The given Farragui. in her trial at San cisco, fell below speed. formerBuckeye Tobacco works, Toledo, The Chase, Isherwood & Co., of in Ohio, ly the oldes tobacco firm retired Ohio, closed permanently and have has business. The proprietors of from unable to meet the competition solvent. the been trust and preferred to close the court has affirmed of the supreme judgment The supreme the court city of of enjoining from on the ground that franby which the a was given to a private chise works, Walla Washington. stipulation Walla building this water the company. violated vicinity water miners employed in up The B. C., have rounded of laborers in all and shipped them out the Silverton, Chinese the various expect- of the camps district. The Mongolians are next ed to return to China by the steamer.


Article from The Pioneer Express, December 1, 1898

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Otherwise. A plate trust with $50,000,000 capital is said to be forming at Chicago. Typhoid is rampaut among the soldiers at Honolulu. The National Live Stock association convenes at Denver Jan. 24. Senator Stewart of Nevada telegraphs that he will have a two-thirds majority in the legislature. defeat of Senator Turpie of is a decisive victory the canal Indiana Nicaraguan The people. for The naval architects and marine engineers are holding their sixth general meeting at New York. It is understood that negotiations to revive the steel rail pool are under way at Pittsburg. Zinc is $36 per ton and $40 is anticipated this week. The highest price ever reached before was $34. In Plymouth church, Brooklyn. a movement was inaugurated to provide employment for Cubans. Independent strawboard plants will consolidate against the American Strawboard company. William Bryan, plumber, New York, has filed a voluntary petition in bankruptcy with liabilities of $138,000 and no assets. Through the efforts of Gen. Joseph Wheeler over 100 colleges will grant free tuition to two or more young Cubans. An order has been issued in the United States court at Chicago for rail- the sale of the Metropolitan Elevated road at an upset price of $6,000,000. The directors of the Revere National bank of Boston have voted to place the institution in liquidation on Dec. 19. orden publico force, cavalry and regiments, have at Havana after a infantry banded The part been pay disment arrears had been made. has been anthat the hospital Scannouncing A dispatch of received ship dia has sailed from Manila for San solFrancisco with about seventy sick diers. All the potent interests in the tin to plate industry are now getting gether in the formation of the combination which is to be capitalized at $50,000,000. It is rumored that Senator McMillan Michigan will succeed Secretary of Hay as ambassador to Great Britain, and that Secretary Alger will succeed him in the senate. Receiver Oscar G. Murray, of the Baltimore & Ohio railroad, denies that there was a disagreement with James M. J. Hill over the successor to W. Green as general manager. Window glass factories, with a caof about 1,100 pots. started pacity work at Pittsburg and nearly 10,000 first men and boys are earning their money for over six months. There is much comment over the conduct of President Orr, of the New the York chamber of commerce, at the banquet Tuesday night in toasting queen before the president. All white officers of the Sixth Virginia have resigned except Lieut. Col. and Croxton and Lieutenants Heath The are on of and not in special Richardson. duty lieutenants command negro soldiers. The transport Ohio left Honolulu Manila on the 7th, the Indiana on the for 8th and the Zealandia on the 11th. Typhoid fever broke out on the Ari- Mazona just as she was to sail for nila. The engagement is announced Hal- at Fort Worth, Tex., of Miss Fannie States bert Mills, daughter of United Lieut. Senator Roger Q. Mills, to First George Richards, United States Marine corps. The torpedo boat Davis, which sustained an accident on her trial trip by be which seven men were killed, will Or. given another trial at Portland, The Farragut, in her trial at San Francisco, fell below speed. The Buckeye Tobacco works, former- Toledo, Chase, Isherwood & Co., of Ohio, ly Ohio, the oldest tobacco firm in closed permanently and retired have has from business. The proprietors of been unable to meet the competition the trust and preferred to close solvent. The supreme court has affirmed court the of judgment of the supreme of Washington, enjoining the city Walla Walla from building waterworks, on the ground that this violated franstipulation by which the water chise a was given to a private company. The miners employed in the vicinity Silverton, B. C., have rounded up all of the Chinese laborers in the various of the camps and shipped them out expectdistrict. The Mongolians are next ed to return to China by the steamer. Senators O. H. Platt of Connecticut J. K. Jones of Arkansas, compos- of and a majority of a subcommittee are in the ing senate committee on finance, investiNew York for the purpose of the methods of administering laws. gating the internal revenue and customs The bill providing for a treaty comlost in the Cherokee sentie vote. The be governed were mission ate by a was by the Cherokees Curtis tribes bill. will now terms of the bill the the their choice of treating the commission or accepting provisions of the By given Dawes the Curtis bill. with


Article from Deseret Evening News, December 20, 1898

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ELECTRIC ETCHINGS. The United States battleships Oregon and Iowa, which arrived at Valparaiso on Saturday, will leave tomorrow for Callao. The stockholders of the National Revere bank. Boston. voted to go into voluntary liquidation at the close of yesterday's business. The United States cruiser Cincinnati is now in deep water. Apparently she IN not damaged by running on the reer while leaving Santiago, Cuban forces have entered the evacuated towns of Calabazar and Santiago