13780. Cocheco National Bank (Dover, NH)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Start Date
June 5, 1899
Location
Dover, New Hampshire (43.198, -70.874)

Metadata

Model
gpt-5-mini
Short Digest
83d7972f

Response Measures

None

Description

The Cocheco National Bank closed June 5-6, 1899 after discovery of large shortages/embezzlement by assistant cashier/treasurer Harry Hough. National Bank Examiner E. H. Carroll was appointed temporary receiver and the bank remained closed (liquidated under receiver); depositors were later paid in full. No bank run is described in the articles — this is a suspension leading to permanent closure/receivership.

Events (3)
1. June 5, 1899 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Discovery of shortages/defalcations in accounts by Harry Hough (assistant cashier/treasurer); warrant issued for his arrest for embezzlement/shortage (~$3,500 initially, ultimately much larger).
Newspaper Excerpt
The Cocheco Savings bank was enjoined from paying out or receiving money. The doors of the Cocheco National Bank were also closed.
Source
newspapers
2. June 6, 1899 Receivership
Newspaper Excerpt
National Bank Examiner Carrol is temporarily in charge. ... National Bank Examiner E. H. Carroll, who today was appointed temporary receiver of the Cocheco National bank of this city, which closed its doors yesterday, spent most of the day on the tangled accounts at the office of the institution.
Source
newspapers
3. December 21, 1899 Other
Newspaper Excerpt
Depositors in the Cocheco National Bank Will Soon Receive Final Dividend of 25 per Cent. ... will bring the total disbursed by the receiver since the bank's failure last summer to 100 per cent.
Source
newspapers

Newspaper Articles (20)
1. June 6, 1899 Daily Kennebec Journal Augusta, ME
Article from Daily Kennebec Journal, June 6, 1899

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BANKS CLOSED. Two More Dover, N. H., Banks Are in Trouble. Treasurer Hough of Cocheco Savings Bank Short About $3500. Cocheco National Bank Also Involved and Both Institutions Are Closed. Dover, N. H., June 5.-The financial community in this section of the state received another shock, today, through the closing of the doors of two of the best known banks in this city. The Cocheco Savings Bank was enjoined from paying out or receiving monel, and a warrant was issued for the arrest of its treasurer, Harry Hough, who is charged with a shortage of $3500. The doors of the Cocheco National Bank were also closed and National Bank Examiner Carrol is temporarily in charge. While Hough was not an official of the National Bank, he acted as assistant cashier, did all the bookkeeping of the institution, and had free access to the documents. It is believed that Treasurer Hough left the city for Boston, on an early train, yesterday morning, but up to a late hour tonight, the officials of Strafford county have been unable to locate him. While the warrant was sworn out for Hough on the charge of a shortage of f - the Sevinrs Bank

2. June 6, 1899 The Portland Daily Press Portland, ME
Article from The Portland Daily Press, June 6, 1899

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Warrant for Treasurer's Arrest Issued. That Official Has Disappeared. Charged With Defalcation of Small Amount. Dover, N. H., June 5.-The financial community in this section of the state ceived another shock today, through the closing of the doors of two of the best known banks in this city. The Cocheco Savings bank was enjoined from paying out or receiving money, and a warrant was issued for the arrest of its treasurer, Harry Hough who is charged with shortage of $3500, The doors of the Cocheco National bank were also closed, and National Bank Examiner Carroll is temporarily in charge. While Hough was not an official of the national bank, he acted as assistant cashier, did all the bookkeep ing of the institution and had free access to the documents. It is believed that Treasurer Hough left the city for Boston on an early train yesterday morning, but up to a late hour'tonight, the officials of Strafford county have been unable locate him. While the warrant was sworn out for Hough on the charge of a shortage of $3500 of the funds of the say. ings bank, that amount was drawn from the Strafford Savings bank this morning by Treasurer Hough's wife and paid to Trustee Nason who turned it over to the Cocheco Savings bank to settle the short age. This will not deter the county offic ials as well as the officials of both banks from securing the arrest of Hough, as he is charged with a shortage of the tioal bank funds. The closing of the tanks caused considerable excitement in the city but the depositors recognized the fact that they could d nothing until the books are e. amined and action is taken by the courts. it was learned today when notices were posted on the bank doors that State Bank Commissioners Hatch, Parker and Cummings were in this city last Saturday and made an examination of the books of the'saving bank. They learned that the accounts were not straight and after holding a brief conference. Cummings applied for a warrant for the arrest of Treasurer Hough. A shortage of $3500 was found. National Bank Examiner Carroll says he is unable to say what the shortage of the national bank will be until after a full examination has been made. Everything that has so far come to light places it at about $7,000. Mr. Carroll made the discovery over a week ago that there was something irregular in the accounts, and he has been working on the case since that time. Last Saturday he discovered shortage of $8,500 in the savings bank and $18,000 in the national bank accounts. Hough was confronted with the situation and paid back $9,000. He further agreed to pay the maining $4,000 of the national bank Mon day morning This promise is the reason why he was not placed under arrest at that time. The treasurer's father, Ralph Hough, who is one of the directors of the national bank. says his son went to Bos ton for the purpose of raising money from brokers to pay the shortage, and he expeoted him to return today. The directors claim they knew nothing of the shortage until Saturday night, when they were formed by the examiners. Cashier Harrison Haley of the national bank said tonight that Hough had full access to the books of the institution all times, as he acted as assistant cashier, yet he was not an official of the bank Mr. Haley says be knew Hough had been speculating and was also aware of the fact that thera were worthless checks in the bank with no collateral behind them. He called Hough's attention to the matter a few days ago, and he said he would make It all right, as his relatives would assist him. Hough's friends believe that he will return. The suspension of the two banks leaves this city with no financial institution except the Strafford National bank and Strafford Savings bank, the Dover National bank and Dover Savings bank having collapsed several years ago,following the discovery of a heavy shortage in the accounts of Cashier Isaac Abbott, who afterwards committed suicide The capital of the Cocheco National bank is $150,000 James E. Lothrop is president and the directors are as fol ows: A. P. Pinkham, Amos W. Downing of Haverhill, Ralph Hough, Timothy Snell and J. E. Lothrop. It was late Saturday night when Bank Commissioner Cummings received an or. der from Judge Pike of the Supreme court enjoining the savings bank from paying or receiving any money, pending an examination. The trustees of the Cooheco Savings bank are: Captain M. S. Hanscomb Eben C. Burley, John H. Henderson, B. F. Tenuant, William F. Nason and A T. Pinkham It is alleged that Hough's irreguarities were di iscovered through the sale of propof erty and the failure to make return the money received. The Cocheco Savings bank held a mortgage on the German estate in this city, and proceeded to foreclose, the purchaser paying Hough $8500 in a check on the Strafford Savings bank which. it is claimed was not turned over to the Cooheco Savings bank. This $8500 was the amount made good by Mrs. Hough this morinng. It was disco vered last Saturday that the payment for the property had not been made through the proper channel It is claimed that Hough's method was to take money from the bank and put in worthless checks and notes, with no collateral to make them of value to the bank. Mr. Hough is highly respected

3. June 6, 1899 The Wilmington Daily Republican Wilmington, DE
Article from The Wilmington Daily Republican, June 6, 1899

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Banks Closed, Treasurer Accused. Dover, N. H., June 6.-The Cocheco Savings bank, of this city, was enjoined yesterday from paying out or receiving money, and a warrant was issued for the arrest of Harry Hough, the treasurer, who is charged with a shortage of $3,500. The Cocheco National bank also closed its doors. Hough, besides being treasurer of the savings institution, was paying teller of the national bank. The treasurer could not be found here, and it was learned after investigation that he left Dover on Sunday. His friends believe that he will return. The suspension of the two banks leaves this city with no financial institution except the Strafford National and the Strafford Savings banks.

4. June 6, 1899 The Evening Herald Shenandoah, PA
Article from The Evening Herald, June 6, 1899

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Banks Closed. Treasurer Accused. Dover, N. H., June 6.-The Cocheco Savings bank, of this city, was enjoined yesterday from paying out or receiving money, and a warrant was issued for the arrest of Harry Hough, the treasurer, who is charged with a shortage of $3,500. The Cocheco National bank also closed its doors. Hough, besides being treasurer of the savings institution, was paying teller of the national bank. The treasurer could not be found here, and it was learned after investigation that he left Dover on Sunday. His friends believe that he will return. The suspension of the two banks leaves this city with no financial institution except the Strafford National and the Strafford Savings banks.

5. June 6, 1899 The Providence News Providence, RI
Article from The Providence News, June 6, 1899

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The suspension of the two banks leaves this city with no financial institution except the Strafford National Bank and Strafford Savings Bank the Dover National Bank and Dover Savings Bank having collapsed several years ago, following the discovery of a heavy shortage in the accounts of Cashier Isaac Abbott, who afterward committed suicide. The capital of the Cocheco National Bank is $150,000. James E. Lothrop is president, and the directors are as follows: A. P. Pinkham, Amos W. Downing, of Haverhilf; Ralph Hough, Timothy Snell and J. E. Lothrop. It was late last Saturday night when Bank Commissioner Cummings received an order from Judge Pike, of the Supreme Court, enjoining the savings bank from paying or receiving any money, pending an examniation. The trustees of the Cocheco Savings Bank are Capt. M. S. Hanscom, Eben C. Burley, John H. Henderson, B. F. Tennant, Wm. F. Nason and A. T. Pinkham. A thorough examination will be made of both banking institutions, and until that time it will be difficult to ascertain their condition, so far as shortages are concerned.

6. June 7, 1899 The Worcester Spy Worcester, MA
Article from The Worcester Spy, June 7, 1899

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CARROLL RECEIVER. National Bank Examiner Takes Charge of Cocheco National Bank. Dover, N. H., June 6.-National Bank Examiner E. H. Carroll, who today was appointed temporary receiver of the Cocheco National bank of this city, which closed its doors yesterday, spent most of the day on the tangled accounts at the office of the institutioin. Mr. Carroll states that he cannot yet make a statement. No news had been received here today of Harry Hough, the missing assistant cashier, and Treasurer of the Cocheco Savings bank.

7. June 7, 1899 St. Johnsbury Caledonian Saint Johnsbury, VT
Article from St. Johnsbury Caledonian, June 7, 1899

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Treasurer Hough Missing. Dover, N. H., June 6.-Harry asurer of the Cocheco Savings being sought by the police. tches have been sent from Dover : a description of Hough. The financial community in this n of the state received another shoc rough the closing yesterday of ors of two of the best known this city. The Cocheco Savings is enjoined from paying out or receive 5 money, and a warrant was r the arrest of its treasurer, Harr ough, who is charged with a shortag $3500. The doors of the Cocheco Nation nk were also closed, and Nation nk Examiner Carroll is temporari charge. While Hough was not an lal of the National bank, he acted sistant cashier, did all the bookkee $ of the institution, and had free ss to the documents. It is believe at Treasurer Hough left the city ston on an early train Sunday g, but up to a late hour last night icials of Strafford county have able to locate him. While the warrant was sworn out ough on the charge of a shortage 500 of the funds of the Savings at amount was drawn from the rd Savings bank yesterday by er Hough's wife and paid to Trust ason, who turned it over to the Coche vings bank to settle the shortage. 11 not deter the county officials, as the officials of both banks, from g the arrest of Hough, as he is charge th a shortage of the National nds. The closing of the banks caused lerable excitement in the city, but positors recognized the fact that uld do nothing until the books are nined and action is taken by the It was learned, when notices were on the bank doors, that State ommissioners Hatch, Parker and ings were in this city last Saturd d made an examination of the the Savings bank. They learned e accounts were not straight, and r holding a brief conference, Comm oner Cummings applied for a warra r the arrest of Treasurer Hough. iortage of $3500 was found. National Bank Examiner Carroll : is unable to say what the shortage e National bank will be after a amination has been made. ing that has SO far come to light at about $7000. Mr. Carroll made scovery over a week ago that there mething irregular in the accounts, > has been working on the case at time. Last Saturday he discover shortage of $3500 in the Savings id $13,000 in the National bank unts. Hough was confronted with tuation and paid back $9000. He er agreed to pay the remaining $4000 e National bank Monday mornir his promise is the reason why he

8. June 8, 1899 The Worcester Spy Worcester, MA
Article from The Worcester Spy, June 8, 1899

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ASSIGNEE APPOINTED. Atfairs of Cocheco Banks Will Be Speedily Wound Up. Dover, N. H., June 7.-Receiver Carroll of the Cocheco National Bank and other officials continued their examination of the pass and record books today and the investigation in the savings bank also was resumed. Until the work is completed no definite statement of the shortage left by Treasurer Harry Hough can be made. William F. Nason, formerly county solicitor and ex-mayor of Dover, today was appointed assignee of the Cocheco Savings Bank, by Judge R. G. Pike and the affairs of the institution were turned over to him by the bank commissioners to be wound up as soon as possible.

9. June 8, 1899 Burlington Weekly Free Press Burlington, VT
Article from Burlington Weekly Free Press, June 8, 1899

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world in coal production-General Collazo says $50,000,000 needed for the re cuperation of Cuba-Stock of gold money in the country on June 1 almost touched the billion mark-Fire in Buf falo causes loss of $100,000-Outcome of the Fitzsimmons-Jeffries battle Fri. day night agitating followers of the Astic game-- H. Savage of Boston public library dies after a brief Illness-Con gressman Henderson said to be assured of more than enough votes to elect him speaker-Mysterious midnight confer ence held at the White House- Hand some painting unvelled in a Fitchburg Mass., church-Body of Charles Lebee of Lewiston. Me., found in the Andros coggin river-Indictments expected to be granted against the Clark kidnap pers-Defender placed in commission -Railroad ticket office at East Weymouth, Mass. robbed of $70 WEDNESDAY. JUNE 6. Harry Hough, treasurer of Cochece Savings bank and bookkeeper for Co. checo National bank of Dover, N. H short in his accounts. and has disap peared: doors of both institutions closed -Sameans of both factions disarming -Six persons poisoned at a Bostor party: had eaten cucumbers and cream -Several prostrations from heat re ported in various section-Fierce forest fires raging in Plymouth county Mass-Amhers college calls Dr. Har ris of Andover to the presidency nappers of Marion Clark indicted a New York-Rioting at Belfast Ire-Ancient and Honorable Artillery com pany of Boston celebrates its 261st anni versary-Great efforts being made it Boston to prevent the spread of in fectious diseases by the distribution o milk-Henry L. Higginson asks music loving citizens of Boston to subscribe about $140,000 toward the new Music hal -Communication from Secretary Alge informs the Cambridge bridge commis sion that neither one of its plans for bridge to Cambridge, Mass. is approved by the government--Large expansion i of southern textile industries noted the south-Attorney general of Ohio about to begin suits against industria combines-Plan to consolidate th leading street car works of the countr has fallen through-Strike for highe wages at Branford. Conn., Malleable iro works may cause a temporary shutdow -State railroad commission's decision not to allow street railway company t run cars over a bridge in Middlebor Mass. ties up the line between there an Bridgewater-Strike at the Rockport Mass. granite quarries ends throug the agreement of the company to gran request of the employes for nine-hou day and extra pay for overtime-Tow of Morong captured by Washington regi ment but insurgents escaped-Con gressman Burton declares governmen should not own Nicaragua canal-Ad miral Kautz was to have left Apla Ma 21 and should now be at HonoluluCanada by England's request disailow the anti-Lapanese law passed by Britis Columbia-Great uproar in Frenc chamber of deputies: royalists denounc President Loubet and soldiers oust on of them-President Loubet declares h will not be driven from office. WEDNESDAY JUNE7 Mrs. Charles Robart of Somerville Mass. while mentally deranged. drowne her girl baby and attempted suicide b inhaling ether-Defender damage while on a sailing trial: club topsail fe and pole tore mainsail and went throug deck-Bishep Hurst and wife said t have separated-Mrs Goelet gets $200 000 yearly by her husband's willDeath of ex-Mayor Frederick O. Princ of Boston-Francis Parkman, the his torian, left an estate that is now wort $300,000-At the convention of the New church at Boston, Rev. Albert Bjode sustained in his work in Sweden: n heresy in his bellef-Presence of Rev Mary Baker Eddy at the annual meetin of Christian Scientists at Boston th crowning feature of their communio week-Franklin. N. H., damaged by heavy thander storm—Another ad vance in pricesreportedinlinesof finishe metals-Death of William J. Torrey. pioneer of the Cape Ann granite industr Irish-Americons may subscribe to fund to buy the lakes of KillanneyMazet board reconvenes: Price's attor ney. Henderson, is refused admittano -Movement reported looking to th amalgamation of the outside shoe ma chinery concerns to oppose the trustTwo Boston manufacturers of car wheel are included in the recently organize International Car Wheel companyE. H. Carroll appointed temporary ra ceiver of the Cocheco National bank Dover. N. H.: no news of Treasure Hough, who caused the bank's failu -Governor of New York issues requis tion for return of "Carrie Jones Ne York District Attorney Gardner threa ens Rockland county officials with cor tempt of court-General Gomez iseue farewell manlfesto-Admiral Dewe sails from Hong Kong for SingaporeSenator Allison thinks the next congres will pass a financial measure but doe not anticipate anything radical-Ne York Republican congressional dele gation meets: Sherman withdraws an delegation votes to support Henderso -Lesson of the Morong exepdition 1 Luzon as to the impossibility of trappin the natives: great endurance of Amer cans shown by their marching 36 hour without rations- Death of Sir Henr Binns. premier of Natal-The first ban established in Alaska fails for $16.00 with doubtful assets-The Kruger Milner conference at Bloemfontein end but no result is publiched as yetPeace assured at Apla as Malietoa an Mataafa have disarmed and the latte

10. June 9, 1899 The Providence News Providence, RI
Article from The Providence News, June 9, 1899

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MANY FALSE ENTRIES MADE. Hough Doctored Accounts in Cocheco Bank Ledger. ACTUAL DEPOSITS REDUCED. Comparisons With Depositors' Pass Books Show Many Peculations. THE ELDER HOUGH AND HALEY RUINED Much Sympathy in the Community for Them-In One Case Hough Reduced Father's Deposit of $3157 to $100 on Ledger, Dover, N. H., June 9.-Receiver E. H. Carroll of the Cocheco National Bank, and his assistant, continued the work of examining the affairs of the institution all day yesterday. The pass books are coming in rapidly and the comparisons are being made as fast as possible. Of those which have been examined in every instance where the customer carried a substantial balance always above the amount of check he had out, discrepancies between the pas S book and the ledger were found. Money thus deducted by Hough from the depositors' accounts has been discovered so generally in the number of pass books examined today in amounts from $50 to $3000. according to the strength of the deposit, that it warAnts the belief that the loss to the bank is much larger than the limit of $40,000, previously estimated. If the percentage of stealings from depositors is carried out, it will raise the amount of the defalcation to $70,000 or $75,000. This is now admitted to be more then probable. BOTH FINANCIALLY RUINED. Both Cashier Haley and Director Ralph Hough, Harry's father, are probably financially ned. Both have passed the three-score-years-and-ten mark, and both have been well-to-do in their day. It is universally believed that they have been left without a dollar. Mr. Haley's situation is not due, however, to any of the acts of Hough's, except the losing of his situation. but unquestionably Mr. Hough the senior suffered many Josses through has son's fondness for the gleeful stock-ticker. The outlook is not art all hopeful for either of the men, and sympathy is widely expressed for them. especially Mr. Hough, who has been an honored citizen of Dover for a great many years. The President of the Cocheco, Bank. Mr. Lothrop, is a very able man, but the has SO many business enterprises that he was unable to give much attention to the affairs of the bank. One director, lives at Haverhill, and could not attend many meetings, another was Harry Hough's father, who left almost everything to his son, while others did not take occasion to pay particular at tention to the affairs. Formerly both Mr. Haley and Harry were directors, and while they acted in that position got into the habit of running matters about to suit themselves. They kept this up after they left the board, Harry Hough gradually, as years went on. winning Mr. Haley's confidence to the extent that he was allowed to do about as he pleased. HOUGH'S PRIVATE TRUST. Harry Hough appears to have followed met nds which bear a striking resemblance to those of Murphy, the defaulting teller of the Salem Savings bank, and now serving sentence in Charlestown state prison. Murphy defrauded depositors by making false entries in deposit books of less sums than the amount of de. posits, and from the latest information in the Hough case it is said to have been discovered that Harry Hough followed the same course, notably in the case of his own father. An astounding relation is the statement that Mr. R. Hough the missing treasurer's parent has discovered that a deposit of $3157 which he had recently made in the savings bank wit hthe intention to distribute it among the heirs of the Carl V. Kisteman estate, of which he was administrator, had been entered on the book of the treasurer as a deposit of $100 merely and that no entry of the balance of more than $3000 could be found. It is feared, but It is not yet known.

11. June 13, 1899 Twice-A-Week Plain Dealer Cresco, IA
Article from Twice-A-Week Plain Dealer, June 13, 1899

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FACTS BRIEFLY STATED. Admiral Dewey's flagship Olympia sailed Tuesday from Hong-Kong for Singapore returning to the United States. Col. R. F. Maddox, head of the banking house of Maddox, Rucker & Co., died at his home in Atlanta, Ga., of paralysis. The Reformed Presbyterian nationa synod decided to meet May 30 next at Ce t darville, O., for their annual conference. Frederick O. Prince, a well-known bank er and former mayor of Boston, died Tues day, aged 84 years. Death was due to lung trouble. The five-ton schooner Coke has saile from San Francisco for Manila. Capt Freitch, the sole occupant of the little ves sel, expects to reach the Philippines in 6 days. The tracks of the White Pass railway will be completed to Lake Bennett by July 1. The schedule time from Puget Sound ports to Dawson will then be about eight days. The exposition of natural and manufac tured products of the south will take place at the Grand Central palace in New York commencing October 25 and ending December 1, 1899. For three days the mercury has regis tered in the nineties in Pittsburgh, Pa Many of the mills have been forced to shut down temporarily, and a large number of prostrations have occurred. H. H. Byrd, of Tallapoosa, Ga., secretary of a colony now being formed in that lo cality for settlement in California, write that the organization is growing fast, and that it will probably comprise some 50 members. Mr. Robert Wallace, liberal, member of the British parliament for East Edinburgh who, while speaking during the debate Monday on the grant to Gen. Kitchener, of Khartoum, was seized with cerebral paraly sis, is dead. The seventh annual convention of the Illinois Printing Crafts union convened in Ottawa, Ill., Tuesday, for a three days' ses sion, representatives from Chicago, Elgin Aurora, Peoria, Springfield, Danville and Ottawa are present. Harry Hough, treasurer of the Cocheco savings bank, of Dover, N. H., has been arrested and the bank closed, a shortage of $3,500 being charged against him. The Cocheco national bank, of which Hough was teller, has also suspended. The fifth annual convention of the Na tional Association of Credit Men opened a Buffalo, N. Y., and will continue for three days. The question of petitioning congress to amend the bankruptcy act will be the most important subject considered. The fifteenth annual meeting of the Amer ican Medical association opened in Colum bus, O., Tuesday. Doctors from all parts of the United States are present, and it is expected that the total attendance will reach in the neighborhood of 2,500 persons The grand lodge of odd fellows for the state of Wisconsin convened in annual ses sion in Oshkosh Tuesday with 600 members present. The state encampment Daughters of Rebekah is also in session, with an at tendance of 30. The sessions last three days. A cyclone struck the southwest part o the town of Ryan, I. T., and totally wrecked two houses. The Davidson hote was partially destroyed. No lives were lost, but a cyclone cellar staved the Shel ton family, whose house was torn to shreds. By direction of the president, the acting secretary of war has issued an order for the reestablishment of the military de partment of Texas and the assignment o Col. Chambers McKibben, of the Twenty first infantry, to command of the depart ment. The cabinet Tuesday transacted no busi

12. June 14, 1899 The Wellington Enterprise Wellington, OH
Article from The Wellington Enterprise, June 14, 1899

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LATER. E. H. Carroll, national bank examiner, who was appointed receiver of the Cocheco national bank, of Dover, N. H., which was closed on June 6, estimates the losses of the bank at $100,000. With a view to increasing the efficiency of the artillerists manning the batteries protecting the shores of the United States, instructions have been given by the war department for additional practice with the great guns. It is announced that the chewing gum trust is now an actuality. The company has been organized, the stock all underwritten and the working details completed. The concern has a capital stock of $9,000,000. All the important plants of the country are in the combine. Capt. Fisher. of the Yale track team, says: "We have received word from England that our acceptance of the English universities' challenge has been received and all negotiations have been completed. The American team, composed of Yale and Harvard athletes, will sail from New York July 5. The date fixed for the meet is July 22." The monthly statement of the exports of domestic products of the United States shows that during May, 1899, the exports were $50,345,679, as against $73,122,571 for May, 1898. For the eleven months of the present fiscal year the exports amounted to $667,869,281, as against $747,565,807 for the corresponding period last year. A dispatch from El Roy. Wis.. says that rain on the 12th caused the Baraboo river to overflow and the flats for miles are flooded. With the near expiration of the time allowed by the Dingley act for the negotiation of reciprocity arrangements, there appears to be a renewal of the efforts of other nations to participate in the benefits to be derived from these conventions, and gratifying progress is being made by the special plenipotentiary charged by the state department with the conduct of these negotiations. The freight handlers (housemen) at the New York Central, Lehigh Valley, Wabash and Great Northern docks. in Buffalo, N. Y., did not report for duty on the 12th in obedience to the order to strike in sympathy with the men out at the Erie and Lackawanna docks. The town of New Richmond. Wis., was struck by a tornado on the 12th and it is estimated that 150 persons were killed. Many of the houses were consumed by fire after the cyclone. Many people were killed while attending a circus which was showing there.

13. June 15, 1899 Cameron County Press Emporium, PA
Article from Cameron County Press, June 15, 1899

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TWO BANKS CLOSE. Man Who was an Official in Both Institutions is Missing and a Shortage in His Accounts is Reported. Dover, N. H., June 6.-The Cocheco savings bank, of this city, was enjoined yesterday from paying out or receiving money and a warrant was issued for the arrest of Harry Hough, the treasurer, who is charged with a shortage of $3,500. The Cocheco national bank also closed its doors, and National Bank Examiner Carroll is expected to take charge of the national bank at once. Hough, besides being treasurer of the savings institution, was paying teller of the national bank. The closing of the banks caused considerable excitement in the city and the depositors learned after the notices were posted that State Bank Commissioners Hatch, Baker and Cummings made an examination of the books of the savings bank last Saturday and, finding that the accounts were not straight, applied for the warrant for the arrest of Treasurer Hough. The treasurer could not be found here yesterday. The suspension of the two banks leaves this city with no financial institution except the Strafford national and the Strafford savings banks, the Dover national bank and the Dover savings bank having collapsed several years ago, following the discovery of a heavy shortage in the accounts of Cashier Isaac Abbott, who afterwards committed suicide. The capital of the Cocheco national bank is $150,000.

14. June 21, 1899 New-York Tribune New York, NY
Article from New-York Tribune, June 21, 1899

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CASHIER MAKES RESTITUTION. HOUGH RETURNS $5,500 TO THE RECEIVER FOR COCHECO BANK. Dover, N. H., June 20. - -Harry Hough, assistant cashier of the Cocheco National Bank of Dover, who after three weeks' absence was arrested at the Park Square Station in Boston, yesterday, and brought to this city last evening, has returned $5,500 to Mr. Carroll, receiver for the bank. It was alleged that Hough took $3,000 in gold and $2,500 in bills from the bank vault on the day he left town. This sum has been returned. Hough remains at his home in this city to-day in charge of Marshal Nule. His counsel, Mr. Kivel, went to Portsmouth, believed to be bearing security sufficient to secure Hough's release on the $10,000 bond fixed at the hearing last evening by Commissioner Kelley.

15. June 23, 1899 The Mankato Free Press Mankato, MN
Article from The Mankato Free Press, June 23, 1899

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Returned Stolen Money. DOVER, N. H., June 21.-Harry Hough, assistant cashier of the Cocheco National bank of Dover, who, after three weeks' absence, was arrested in Boston and brought to this city, has 1eturned $5,500 to the receiver of the bank. It was claimed that Hough took $3,000 in gold and $2,500 in bills from the bank vault the day he left town.

16. August 9, 1899 St. Johnsbury Caledonian Saint Johnsbury, VT
Article from St. Johnsbury Caledonian, August 9, 1899

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Harry Hough Rearres'ed. Dover, N. H., Aug. 8.-Harry Hough, the assistant cashier of the Cocheco Savings bank of this city, who left here suddenly several weeks ago after a shortage in his accounts as teller in the Cocheco National bank had been discovered, and who was arrested by the United States officers in Boston, and brought back a few days later, was arrested yesterday on a warrant issued by the state authorities. Hough is under bond for the United States grand jury in connection with the national bank case. W. F. Nason, receiver for the bank, declined to make any statement and would not deny that anything new had developed. The warrant charges Hough with the embezzlement of $3500, the shortage reported by those who examined the books of the bank.

17. December 21, 1899 The Providence News Providence, RI
Article from The Providence News, December 21, 1899

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PAYMENT IN FULL Depositors in the Cocheco National Bank Will Soon Receive Final Dividend of 25 par Cent. Dover, N. H., Dec. 21.-The depositors in the defunct Cocheco National Bank are to be paid in full without the necessity of the receiver having to assess the stockholders. An order from Washington directs Receiver E.H.Carroll to pay a dividend of 25 per cent. as soon as possible. The payment of this dividend will bring the total disbursed by the receiver since the bank's failure last summer to 100 per cent. The settlement is one of the most rapid known in the history of embarrassed banks in this state, as it generally takes from three to six years to bring about the liquidation of a crippled institution. The settlement of the bank's affairs took about six months. The affairs of the Cocheco Savings bank which was closed at the time of the failure of the National Bank are still in an unsettled condition, but the assignee is making satisfactory progress and it is thought the loss to depositors when the concern is wound up, will be insignificant. Bank Examiner Carroll also has had charge of the affairs of the Colebrook National Bank of Colebrook which was closed a year ago. In a short time he was able to collect $112,000 of the bank's funds and pay up the entire amount due the depositors. The Colebrook National Bank and the Colebrook Savings Bank, which also was temporarily embarrassed, were re-opened and are in good condition

18. December 22, 1899 The Portland Daily Press Portland, ME
Article from The Portland Daily Press, December 22, 1899

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DEPOSITORS WILL GET ALL Dover, N. H., December 21-The de. positors of the defunct Cocheco National bank are to be paid in full without the having to assess necessity of a receiver the stockholders.

19. December 22, 1899 Barre Evening Telegram Barre, VT
Article from Barre Evening Telegram, December 22, 1899

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Dover, N.II., Dec. 22. The depos itors of the Cocheco National bank are to be paid in full. An order from Washington directs Receiver J. 11. Carroll to pay a dividend of 25 per cent, as soon as possible, which will bring the total disbursed by the receiver since the bank's failure last summer to 100 percent.

20. December 22, 1899 New-York Tribune New York, NY
Article from New-York Tribune, December 22, 1899

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DEPOSITORS TO BE PAID 100 PER CENT. Dover, N. H., Dec. 21-The depositors of the defunct Cocheco National Bank are to be paid in full without the necessity of an assessment on the stockholders. The receiver, E. H. Carroll, announces that he will soon pay another dividend of 25 per cent, which will bring the total disbursed by the receiver since the bank's failure last summer to 100 per cent. The settlement is one of the most rapid known in the history of embarrassed banks in this State.