351547fcFull suspension, Books examined
Other: Subsequent investigation revealed theft/robbery and accounts were cut about 10%; likely wound up.
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-The total loss by fire at Green Castle, Indiana, is about $825,000. Insurance $133,000. - The Milford, N. H., five cents Savings Bank has suspended with liabilities of half a million dollars, covered it is believed by assets. 1 -Three executions will take place in Pennsylvania on the 12th ot November. Udderzook at West Chester, and O'Mears and Ervin at Montrose.
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Suspension of a Savings Bank. MILFORD, N. H., Oct. 30 - -The Milford Five Cents Savings Bank has suspended with liabilities of half a million dollars, covered, it is believed, by the assets.
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GENERAL NEWS. / George H. Kingsbury. Assistant Receiving Teller of the National Bank of Redemption at Boston. was arrested yesterday for stealing $31,000 from the bank. He returned $20,000. The Milford Five Cents Savings Bank, at Milford, N. H., has suspended. Its liabilities are about $500,000, but will be covered, it is believed, by securities held by the bank. It is likely that the concern will be wound up. There is considerable popular feeling against some of the officers.
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NEW HAMPSHIRE. Suspension of a Savings Bank. MILFORD, Oct. 30.-The Milford Five Cen t Savings Bank has suspended with liabilities at half a million, which will be covered it is believed by securities held by the bank. Excitement runs high against some of the bank officials and is increasing. The bank has stood well in the past, but failure to pay an expected dividend in August and the suspension of the Nashua banks last year made depositors nervous and a heavy run Wednesday induced the suspension. It is likely the concern will be wound up.
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NEW HAMPSHIRE. Nashua, October 30. Julia A. Goodale. suffering from a cancer, committed suicide this morning by drowning. Herbody was re covered. Milford, October 30. The Milford Five Cent Savings Bank has suspended, with lia bilities of half a million, which will be covered, it is believed, by securities held by the bank. Concord, October 30. Thursday, Nov. 26, has been appointed by the Governor and Council as a day of public thanksgiving.
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returned $20,000. The Louisiana Trouble NEW IBERIA, La., October 31st The Deputy Marshal arrested to-day at St. Martin Parish, eight persons. At the examination one was discharged, two held under bonds of $6,000 each, and the others in $1,000 each. Two men were arrested in Iberia Parish to-day. A number of rich planters offers to make affidavit that Commissioner Ridell refused to accept them as bondsmen for the arrested men. NEW ORLEANS, October 30-Five persons were reported to Marshal Packard, to-day, as having been arested in Camp Merrill, October 22d, for complicity in the Coushatta affair. Duff Sells out and Resigns. NEW YORK, October 30th.-It is reported that John Duff has sold his stock in the Atlantic and Pacific Telegraph Company to the Union Pacific Railroad Company and has resigned as President of the company. Mr. L. S. Morton has resigned as trustee in the Atlantic and Pacific Telegraph Company. That Bill of Items. NEW YORK, October 30.-Chief Justice Neilson has denied the motion of counsel for Henry Ward Beecher to compel Theordore Tilton to furnish a bill of particulars, specifying the time and place in which the alleged improper intimacies took place between Beecher and Mrs. Tilton. An Unsafe Savings Bank. MILFORD, N.H., October 30th.-The Milford Savings Bank has suspended. Liabilities, $500,000; covered, it is believed, by assets. Washington Items. WASHINGTON, October 30th.-The P esident has appointed A. Martin Melter and Refiner in the San Francisco Mint. Thos. P. Ochiltree has been suspended from the office of Marshal of the Eastern District of Texas and Lemuel D. Evans has been appointed instead. Evans was formerly a Judge in Texas and ex-Member of Congress. Secretary Bristow has had under consideration for some time the question whether Federal office-holders should be allowed to become candidates for election for office while they hold their positions. The President and Secretary has held several consultations with regard to this question. The President fully approved of the views of the Secretary, which are that Federal office-holders should under no circumstances during their term of office, become candidates for elective positions. The Massachusetts Republicans De. moralized. A Times Washington special says: "A well-known Maesachusetts Repuplican who reached Washington this morning says there is a good deal of demoralization in the party ranks there. The prohibition platform is driving off thousands of Republicans from the support of the ticket in the cities and towns where the license policy is favored. It is not thought that the State ticket will be lost, although a large reduction of the usual Republican majority s conceded. The Opposition are very confident of securing three if not four of the Congressmen. Gen. Banks is sure of his election. The attempt of his Republican opponent to carry the workmen in the Charlestown Navy Yard against him has failed. In the Lowell district the unpopularity of Ayr promises to elect Turbox, his opponent; whilst Chapin, President of the Boston and Albany Rallroad, will carry the Springfield District. It is said that Republican disaffection in one of the Boston Distriet gives the opposition a favorable show there. Clews' Bankruptey-Charges Against the Notorious Commissioner Davenport. NEW YORK, October 29th.-A motion in behalf of the creditors appoint a receiver of the property of Henry Clews was denied. An application was made in the U. S. Court to-day, on the part of Oswald Ottendorfer and others, for the removal of U.S. Commissioner Davenporton the grounds of malfeasance in office and improper and arbitrary use of powers vested in him as Supervisor of Elections. He is also charged with eausing the arrest of respectable citizens without any provocation, committing persons under excessive bail, and refusing to grant them an examination legally. It is also charged that he used his authority for the purpose of assisting political friends and furthering his personal interests. PHILADELPHIA, October 29th.-In the Jay Cook case, before the U.S. Circuit Court, Judges Strong and McKenan have reversed the order of the District Court appointing a meeting of the creditors under the 27th section of the Bankrupt Act.
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MONEY AND COMMERCE. FINANCIAL MONDAY EVENING, Nov. 2. A more active movement was reported at the banks to-day. The packers have begun to borrow largely, and the settlements on the Board of Trado and the activity incidental to the first of the month have all contributed to quicken the money-market. A similar movement WAS noticed in the first ton days of October. Rates of discount romain 10 por to customers who borrow thefyear round ; to other first-class applicants terms will be given 2 or 3 por cent below this nominal rate. Money on the street is 8@18c por cent; real estate loans are 9@10 por cent. New York exchange in firm at 50@750 premium between banks for $1,000. The propost>on that the banks should furnish exchange at a fair margin to their customers has been talked over quietly, and the matter is to be brought before the Clearing-House in n day or two. The subject of unstamped checks will probably be brought forward on the same occasion. Some currency is going to the country for hogs, but the movenient is mainly the other way, and shipments are belug made daily to Now York. There is a report from Washington that the public-debt statement for the month of October will not probably show more than a very small reduction, if, indeed, any at all. While the internal revenue receipts have remained at the very highest mark, the exports have been light, and the current expenses for the month of Octobor are always rather heavy. Of the foreign money-market, in which our own is interested, the London News of the 10th ult. Bays: The state of the money-market has again become the principal subject of attention among business men. The rise of the Bank of England rate to 4 per cent on Thursday last has beon quickly followed by an advance of the Bank of Belgium from 34 to 4½ per cent, while the Bank of St. Petersburg, which reduced its rate from 0 to 516 per cent only a few days пко, has promptly retraced its stops, and has again raised its rate from 016 to 6. The Bank of Prussia, which was the first about a fortnight ago to commence the upward movement by an advance from 4 to 5 per cent, was expected to follow the Bank of England change by & fresh advance e, and, though it has not yet done Bo, the contingency of such a change very soon is apparently still to be reckoned as one of the elements of the monetary situation. Tho facts altogether combine to show A tendency to stringency resembling in many respects the spring and autumn stringencies of the last four years, and arising, as we have often DXplained. from a continuance of the saine causes, A dispatch from Toledo states that the Toledo & Wabash Railroad Company being several months in arrears for salaties of employes. the workmen have become dissatisfied. A delegation numbering several hundred waited on the President, Mr. Cox, on Wednesday, and demanded their pay. Ho informed them that the indebtedness would be liquidated soon. The proceedings in the case of Henry Clows & Co., including the order issued by Justice Lawronco, have been dismissed, with costs against Louis O. Schmieder, the complainant. Mosurs. Clows & Co. can now be found at their banking house 08 usual. A dispatch from Milford, N. H., announces that the Milford Savings Bank has suspended, with liabilities of $500,000, which, it is believed. will be covered by securities in possession of the bank. NATIONAL BANKS ORGANIZED. The United States Comptroller of the Currency furnishes the following statement of National Banks organized the past week: 2,107-Farmors' National Bank of Centreville, In. Authorized capital, $50,000; paid-in capital, $50,000. D. C. Campbell, President; S. W. Wright, Cashier, Authorized to commetice business Oct, 27, 1874. 2,198-National Bank of Shelbyville, Tenn. Authorized capital, $50,000; paid-in capital, $35,000. Edward Cooper, President: A. Friessner, Cashier, Authorized to commence business Oct, 20, 1874. BONDS AND GOLD.
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"The Milford (N. II.) Five-Cents Savings Bank has suspended, with liabilities of half a million dollars, which will be covered, it is believed, by securities held by the bank. Excitement runs high against some of the bank officials, and is increasing. The bank has stood well in the past, but the failure to pay an expected dividend in August, and the suspension of Nashua banks last year, made the depositors nervous. It is likely that that the concern will be wound up."
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President Grant has appointed Thursday, Nov. 26, a day of thanksgiving and praise. The steamer Lottic Bernard, of Duluth, foundered in a gale on Lake Superior last week Thursday night, and three out of the 15 persons on board were drowned. The president was "too busy" to see Lord Dufferin, governor-general of Canada, when he was in Washington the other day. We find this in a democratic paper, but we don't believe it. It is stated that the friends of Judge Poland are urging him as a candidate for a Judgeship on the supreme bench of the District of Columbia, a place which could be made vacant by the transfer of Judge Humphreys to the United States district judge. ship of Alabama, which Judge Busteed has just resigned. Fires are raging in the pine forests in the southern part of Fairfield County, O., and on Monday the smoke was so dense in Lancaster that the street lamps were lighted. Large fires are raging in the forest near West Point, N. Y. The forests are on fire in the line of the Pan Handle and Central Ohio railroad near Parkersburg, W. Va. A fire is also raging in the Dismal Swamp, and the smoke is so dense at night the light at Old Point cannot be seen at a distance of one mile, and the fog bell has to be kept going. The citizens of Russell, Ky., were making strenuous efforts, Sunday, to prevent the fire from the surrounding woods from burning the town. The woods thirty miles back of them are on fire, and a great deal of damage is the result. MAINE. The movement for providing the Grand Trunk railroad and the English steamers wharf accommodations at Portland has taken form in a petition to the city to make an appropriation of $150,000 for the purpose, and it is receiving the signatures of the business men generally. NEW HAMPSHIRE. Martin Gordon, of Suncook, fell through a railroad bridge on Friday evening and was drowned. John Currier and Joseph Ruff, who recently placed obstructions on the Cheshire and Ashuelot railroad, near Keene, have been sentenced to the state prison for fifteen and two years, respectively. There is a man living at the Carroll county poor farm, who spent all his property in a lawsuit, where the sum involved was only $3, and he had two opportunities to settle for $5, when he knew he was in the wrong, and admitted as much. ir It has been discovered that there was, in August, a surplus, from which a dividend should have been made, in the funds of the Milford savings bank, which has suspended, he and a committee has been appointed to in at vestigate the bank's affairs, with the expecat tation of finding that some fraud has been nd perpetrated. nt Last week Tuesday afternoon some work. men on the P. & O. road in the notch near ds the Willey House tamped a charge of pow el der in the ledge with an iron instead of a on wooden instrument, and the iron striking fire in on the rock the blast exploded with tremen so dous force, knocking the men in every direction ed blowing one man's leg almost to splinters nt tearing the flesh off his face, as well as tha of a companion, and injuring the two so se riously that Dr. Towle-who was summoned from Fryeburg-thinks it very doubtful il m they recover from their injuries, and if they gle do they will probably be blind for life. A iryoung man named Aaron MacDonald, who olwas in the rear of these two men, was seri ed ously injured in the face by the explosion am his face and neck filled with the powder ges and the lids of his eyes so swollen that h cannot lift them. to MASSACHUSETTS. er. The Boston Globe has reduced its size an I price-the latter to three cents a copy. ted The people of the old Cambridge Baptis
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The East. The Episcopal General Convention, at its recent session in New York, adopted a canon against ritualistic practices by a vote of 72 to5. The fourth annual session of the American Bee-Keepers' Association is to be held in Pittsburgh, Pa., commencing on the second Wednesday of November. The suspension of R. W. Burke, petroleum refiner, in New York city, was announced on the 29th. The Milford (N. H.) Five Cent Savings Bank has suspended, with liabilities of $500,000, covered, it is believed, by its assets. Ex-Gov. Enos T. Throop, of New York, died at Willow Brook on the 1st. The base-ball season closed on the 31st ult., the Boston club (Red Stockings) still retaining the championship.
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POI UTICAL. -Among those mentioned as probable candidates for the Presidency, at the next election, is Hon. Joseph Medill, late Mayor of Chicago. -The Milford (N. H.) Five Cent Savings Bank has suspended, with liabilities of $500,000, covered, it is believed, by its assets.
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new election must be had, in which case he an would stand about as much chance of election as Ben Butler does of being elected governor of Massachusetts. It seems that Congressman James H. Platt, a West Virginia carpet bagger from Vermont was reelected in November on the republican ticket, but the democratic commissioners are trying to count him out by fraud. The entire vote in several precincts where he had majorities is thrown out by them, and the clerks' offices in one or two counties have been broken open and the poll books and ballots from those precincts giving Platt majorities stolen. Talk about the purity of either party! They are as pure hell is righteous. A shocking massacre of white settlers by the Esquimaux Indians occurred at the set. tlement of Indian-Tiekle, Labrador, on the 15th inst., two whole families, with the ex. ception of young girl, being the victims. For some time back the Indians had been committing robberies, and several of the depredators being captured they were pubwhipped. In revenge, on the night of the 15th inst., they attacked the families of William J. Morrison and his two SODS Thomas and Herbert, and Robert Morrison and wife and their children, William Charles, James and Lizzie, murdering all except the last named. This is the first in. stance of criminal or troublesome conduct among the Esquimaux in Labrador in the memory of the oldest fisherman. Agriculture has enriched no section of the country with the suddenness and the abun. dance with which it has poured wealth into California. While. commercial San Francisco has had the blues, rural California has suddenly grown rich, Everybody, says the San Francisco Bulletin, has capital to lend 'And the bank on California street to raise its capital to $5,000,000, and money. lending overtops all other business. Private citizens open offices to dispose of their own capital, and "laboring-men and servant-girls' join the army of lenders. The city savings banks, which used to refuse to lend on coun. try property, are now receiving remittances for investment from the savings banks which have been established in the country itself. In fact. the surplus of idle capital is greater than that in St. Louis or Chicago, which have double the population of San Francisco, and the demand is urgent for manufactures commercial investments, or "something to do. California is hard money state, NEW HAMPSHIRE All the Manchester manufactories, except the print-works, have been running only five days a week for some time, but they are to resume on full time in a for days. The investigation of the affairs of the Milford savings bank, recently robbed, re sults in cutting down the accounts of de positors 10 per cent, though the bank had estimated the loss at only 41 per cent. The actual loss is probably about 8 per cent. MASSACHUSETTS. James McCann of Boston upset a kero sene lamp while drunk on Monday night, and was burned to death. An officer of a large manufacturing corpo ration, having his head-quarters at Boston gets big salary as the president of the United States. Wonder if the manufactory he represents is running on half time on count of poor markets and the high wages of operatives? A West Roxbury fireman heard what he supposed to be the screams of an infant in burning building, last week, and, seizing blanket, he rushed into the blinding smoke, and, catching up the child, made a hasty exit. When he carefully unwrapped the blanket before the crowd, he disclosed three months' pig. CONNECTICUT. The Connecticut poultry society propose to make their exhibition at Hartford, next month, the best one of the season in this country. The premiums amount to $1611. RHODE ISLAND Eliza A. Cranston, wife of Jackson Cranston, recently from Boston, was burned to death at Providence, Sunday morning. The husband was stupidly drunk in bed, with his clothes on, and the wife, partially in toxicated, upset a table, with a kerosene lamp, and was fatally burned when the oth. er tenants of the house reached the scene. NEW YORK. Mayor Havemeyer, of New York City fell dead while engaged in his official business at City Hall, Monday. are The inspectors in the custom-house alarmed over a prospective reorganization which, it is believed, will throw out men who have not done enough political work to please their superiors and replace them with more serviceable tools. A New York jury and a New York judge (Barrett) have actually gone and done broken the spell of 22 years' immunity, and convicted and sentenced a liquor dealer, one Sigismund Schwab, to 30 days in the city prison and to pay fine of $200 for selling without a license, The judge furthermore warned the liquor-dealers that, if their ganized resistance to the law continued. the full penalty would be meted out in all future cases, The conviction and sentence of Sigismund Schwab in New York City, for selling liq uor without license, has thoroughly scared the liquor dealers, as is evinced by the sud. den and overwhelming increase in the de. mand for licenses, many of them from men who haven't taken out a license before for If decade. Friday, the excise board received 200 applications and took in $14,000, and many went away uuable to be attended from want of sufficient clerical force. Here. tofore $100 day has been an unusually good day's work, and $100 a week not infrequently the average. A horrible tragedy is reported from Ham ilton county. A carpenter named Elias Williams and an assistant named George Smith, who were erecting a frame house he midst of the forest, got into a drunken quarrel, when Williams in the course of the struggle throw Smith over a wooden saw horse, and then with a hand-saw, which h all the time held in his hand, sawed off the head of his antagonist, severing it entirely from the body. His rage cooling, remorse followed, and he cut his own throat with the saw, falling corpse beside the remains of Smith. A lad named Grant witnessed the tragedy and conveyed the news two miles to people who reside nearest the scene of the