4229259dFull suspension
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DENVER, January 30th.-After - a heavy run, the Merchants' and Mechanics' Bank of Leadville suspended this afternoon, and was immediately attached for $37,000. More attachments will follow. No estimate of the liabilities, or what the bank will probably pay, is at present obtainable. This leaves but one bank in Leadville-the Carbondale,
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Another 2 endville Bank Gone. DENVER, Col., January 30 - After a heavy run the Mercbants' and Mechanics' Bank, of Leadville, suspended this afternoon. Its property W09 immediately attached for $37,000, and more attachments will follow. No estimate of the liabilities or what the bank will probably pay are at present ob. tainable. This leaves but one bank in Leadville-the Carbondale.
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(nother Leadville Bank Goes Under. DENVER, January 30.-After a heavy run the Merchants and Mechanics' bank, of Leadville, suspended this afternoon and was immediately attached. Thirty-seven thousand more attachmental will follow. No estimate of the liabilities, or what it will probably pay, are at present obtainble. This leaves but one bank in LeadMille.
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BEGINNING TO SUM UP. At 3:15 p. m. Dr. Andrews left the stand, and the proofs were closed. Mr. Watson then began the summing up for the defence, and spoke until 5 o'clock, when the court adjourned. He will continue in the morning. His argument was in support of the theory of insanity, and that Rowell while in that condition became the tool of Patmer. who waited till his mental condition had broken down before developing the greater portion of his scheme to him or supplying him with weapons. If the case gets to the Jury to-morrow it will be at a late hour. ANOTHER LEADVILLE BANK CLOSES. DENVER, Jan. 30.-After a heavy run, the Merchants and Mechanics' Bank of Leadville suspended this afternoon. The property was immediately attached for $37,000. More attachments will follow. No estimate of the liabilities or of what the bank will probably pay is at present obtainable. This leaves but one bank in Leadville, the Carbondale.
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DENVER, Jan. 30 -After a heavy run the Merchants and Mechanics' Bauk of Leadville suspended this afternoon. It was immediately attached for $37,000. More attachments will follow. No estimate of its liabilities or what it will probably pay is at present obtainable. This leaves but one bank in Leadville, the Carbondale.
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strong, and transactions were larger than for a long time. In the last half hour a vigorous buying movement set in. Near the close room traders sold stocks, and a reaction of 1/4 to 1 per cont. took place, but final sales were at a fractional recovery. A feature of the market was the steady buying on reactions by brokers identified with prominent operators. Compared with last night closing prices were 1/8 to 1½ highor for Western Union, Northern Pacific preferred and Pacific Mail, and 1/4 to 11/4 per cent. lower for Central Pacific, Northern Pacific common. Union Pa cifie and Oregon Improvement, and 4@5 for Oregon Navigation. Some bears applied to bull syndicates for private settlement, but in all cases were referred to the Stock Exchange as the proper place to cover. Petitioning for the Reappointment of Gov. Murray. LOUISVILLE, Ky., Jan. 30.-A petition was circulated here today praying President Arthur to reappoint Eli H. Murray Governor of Utah. It expressed confidence in Gov. Murray's honesty, abilitv, etc., and says that if any irregularities occurred in his office they were through acts of others, and that attacks were instigated by Mormons. The petition is being signed by the most prominent citizens, irrespective of polities. Telegraph Transuctions-Gould's Plan. NEW YORK, Jan. 30.-Gen. Eckert informs the Commercial Advertiser that the mileage of the Western Union that is leased exceeds the entire Baltimore & Ohio system. F. E. frowbridge saysin the Mail and Express that the Western Union looks upon the purchase of the National Line by the Baltimore & Ohio Company with favor because the Western Union did not wish the line, and was glad to find it falling into the hands of friends. Trowbridge also says that Mr. Gould has taken a hold on Northern Pacific not only to sustain the market but also to control that enterprise and extend his influence with the Pacific roads. Another Leadville Bank Goes Up. DENVER, Col., Jan. 30.-After a heavy run the Merchants and Mechanics' Bank of Leadville suspended this afternoon and was immediately attached. Thirty-seven thousand more attachments will follow. No estimate of the liabilities or what it will probably pay is at present obtainable. This leaves but one bank in Leadville, the Carbondale. Collar and Elbow Wrestling. MINNEAPOLIS, Minn., Jan. 30-The collar and elbow wrestling match for $100 a side, between Butter of Minneapolis and Lane of San Francisco, was won by Butler, securing the first, second and foursh falls. the last one in a half a minute. End of the Strike of Windowglass Workers. PITTSBURG (Pa.), Jan. 30.-The long strike of windowglass workers is At an end, and. after seven months' idleness, the men will return to work as soon as the furnaces are heated. Great concessions are being made by both sides. The terms by which work is resumed largely favor the workmen, who will be paid last year's wages until April 1st, when the sliding scale will go into effeet, and wages will thereafter be governed by the card rate on glass. Twentyfive hundred men will be employed. Reinstated. NEW YORK, Jan. 30.-By order of Com missioner Fink, the National Dispatch Line which was excluded from the California traffic pool in October last on account of its cutting rates, was today reinstated. Fatal Accident. LEADVILLE, Jan. 30.-This evening William Manley, construction boes, and three men employed on the Denver & South Park Bailroad came down hill into the city on a flat-car. When near the depot they collided with a car of iron, and all jumpad. Manley was instantly killed and the others seriously injured. Our Stock of Wheat. CINCINNATI, Jan. 30.-The Price Current bas made a special examination of the wheat stock in the country, and will publish the result tomorrow, showing the total supply of wheat to be 75,000,000 bushels. To this is added 35,000,000 bushels of flour in the hands of dealers, making a total of 210,000,000 bushels for the remaing half year. It is estimated that the requirements for that time are for domestic food. etc., 106,00 ,000 bushels for exports, including flour, 57,000,000 bushels. This is upon the basis of 120,000,000 exports this year as against 148,000,000 last year.
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A Bank Suspends. Denver, Col., January 30.-After a heavy run the Merchants & Mechanics bank of Leadville suspended this afternoon and was immediately attached for $37,000. More attachments will follow. No estimate of liabilities or what it will probably pay is at present obtainable. This leaves but one bank in Leadville, the Carbondale.
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DENVER, COL., January 31.-Bradstreet's reports to-night that at a meeting this evening of the directors of the Merchants and Mechanics Bank, of Leadville, which suspended yesterday, it was developed that the bank can pay ninety.nine cents on the dollar without calling on the stockholders. They will reorganize and open Monday. The president's management has been honest and conservative.
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THE LATEST NEWS. The president gave a State dinner on Wednesday, the first given at the White House this season. Charles F. Roberts has been nominated as Register of the land office at Humboldt, Cal., and Richard Melrose as postmaster at Anaheim. California. The Western Union Telegraph company is reducing expenses wherever possible. This new move is said to have originated with Jay Gould's order. Australian advices state the crops are in splendid condition. It is estimated that South Australia will have 18,000,000 bushels of wheat for export. Victoria, 7,000,000. A New York writer says Mr. Gould has taken hold of the Northern Pacific not entirely to sustain the market, but also to control that enterprise and extend his influence with the Pacific roads. The Mapleson opera company, after concluding engagements at St. Louis and Cincinnati, leave for California about March 1, stopping at Kansas City, Denver, Cheyenne and Salt Lake City. Patti and Gerster both accompany the party. A fire in the five-story apartment nouse in New York created a panic among the occupants, a dozen of whom, occupying the upper floor, escaped to the roof in their night clothes, and jumped to the roof six feet below. Mrs. Michael and her granddaughter were probably fatally burned. Three other tenants were burned on the face and hands. A Denver dispatch of the 31st says: After a heavy run the Merchants and Mechanics bank, Leadville, suspended this afternoon and was immediately attached. Thirty-seven thousand more attachments follow. No estimate of the liabilities or what they will probably pay is at present obtainahia This leaves Init one bank in Leadville-the Carbondale.
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Ninety-Nine Cents. Denver, Col., January 31.-Bradstreet's reports to-night that at a meeting this evening of the directors of the Merchants and Mechanics bank, of Leadville, which suspended yesterday, it was developed that they were able to pay ninety-nine cents without calling on the stockholders. The bank will re-organize Monday. The president and management are honest and conservative.
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The M. and M. Bank to Re-Open. DENVER, Jan. 31-Bradstreet - reports that at the meeting this evening of the directors of the Merchants' and Meehan ies' Bank of Leadville, which suspended yesterday, it was developed that it will pay ninety-nine cents without calling on the stockholders. The bank will reorganize and open Monday. The President's management was honest and con servative.
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THE NEWS IN BRIEF. It is again reported that Emperor William is seriously ill. The annual sale of pews at the Brooklyn tabernacle netted $21,482.50. The winter wheat crop in DeWitt county, Illinois, is in excellent condition. Dr. Addison P. Dutcher, author of various standard medical works, died at his home in Cleveland, aged 66. The Merchant's and Mechanics' bank of Leadville suspended. This leaves but one bank in Leadville, the Carbondale. The peach trees in Montgomery county, III., are reported destroyed by the cold weather, and other fruits are damaged. The Sheikh Senoussi, in the Barbary States has decided that El Mahdi is a false propbet, and that Mohammedans must not follow him. President Garfield's pew in the old Disciple chapel in Washington has been placed in one corner of the $60,000 Garfield Memorial church. No one is allowed to sit in it. The French premier, aroused by the visit of the German crown prince to the pope, has promised the vatican amelioration of the condition of the clergy and dispersed relig. ious orders in France. In a speech at Chatendin, Paul Bert Invoked an avenger to arise from the ashes of the men who perished in its defense against the Germans, and the remarks have greatly irritated the German press. Herr Johan Frantz Luther heads a colony of Germans, 500 strong. who are on their way to southern California, where they will settle as farmers. They will not even p'ant vineyards, such is their hostility to all that can intoxicate. Ladies at Nice are using sunshades covered outside with live flowers on a silk surface. Violets with a border of jessamine and white and scarlet geraniums arranged together are popular designs. At the longest these designs last only three days. The strike of the window-glass workBTS ended after seven months of idleness, and the men will return to work after the furnaces are heated. While both sides have made great concessions, the terms at which work will be resumed largely favor the workmen. In a speech at Birmingham Wednesday night John Bright assailed the land reform theories of Henry George, saying they were an insult to the intelligence of England, and that their practice would be as great an outrage upon landlords as it would be to again make slaves of the negroes freed by the American civil war. The Chicago Inter-Ocean having remarked that even the sun, which rises in the east, comes to the west to settle, The New York Graphic says: "Yes, but it is very anxious to get back east every morning. The only solar things which the west monopolizes are the red sunsets, which are attributed to Col. Ochiltree, Jim Belford, and Ella Wheeler, a red-headed trinity of western celebrities. The Salvation army of Denver, Col., paid its respects to Col. "Bob" Ingersoll by calling on him in a body and exhorting him to repent e'er it be too late. The colonel listened to them philosophically, puffing away at his cigar and making the smoke curl as he blew it into the air. After they had finished he told them that he would consider what they had said, but couldn't promise to accept their views.
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An Unusual Showing, DENVER, Jan. 31.-Bradstreet reports, tonight, that at the meeting this evening of the directors of the Merchants' and Mechanics' Bank, of Leadville, which suspended yesterday, it was developed that it will pay ninety-nine cents without calling upon the stockholders The bank will reorganize and open on Monday. The president's management was honest and conservative.
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Nothing Bad. Denver, 31.-Bradstreet reports to-night that at a meeting this evening of the directors of the Merchants' and Mechanics' bank of Leadville which suspended yesterday, it was developed that it will pay ninetynine cents without calling on stockholders. It will reorganise and open on Monday. The president's management is honest and conservative.
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THE Merchants and Mechanics bank of Leadville, on which a foolish run was made, so that it was forced to suspend, will resume business on Monday. Being a sound institution, it will survive. In fact, no honestly managed bank need go under at all.
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GENERAL NORTH DAKOTA farmers are endeavoring to arrange terms with railroad companies 80 that they can get out of the grasp of the Minneapolis millers. THE Grand Trunk Railroad was found guilty of causing the death of J. W. Perkins in 1882, in a Lewiston, Me., court on the 30th, and was fined $1,000. THE long strike of the window-glass manufacturers at Pittsburg. Pa., ended on the 30th. An agreement was arrived at between committees of the workmen and manufacturers to pay last year's wages to April 1st, when a sliding a Ecale shall go. into effec:, to be fixed once month in accordance with the price of glase. THE Merchants' and Mechanics' Bank of Leadville, Col., after a heavy run, collapsed on the 30th. ON the 29th Mrs. Mary E. Paige, widow of Samuel B. Paige, the Oshkosh lumberman, who suicided at Davenport, Ia., brought suit against the New York World for libel and claiming $150,000 damages. The World print ed what they called the life of Mrs. Paige and she denies the truth of the article. PERINE & Co., jobbers of cloths, made an assignment on the 28th. Liabilities $100,000. JOHN PARET & Co., clothing dealers, New York, assigned on the 29th. Liabilities $329,000. IT is reported that tin ore has been discovered at King's Mountain, N. C. A state chemist is making a careful examination. THE Tanners' Association, in convention at Cincinnati, o, on the 29th, decided to advance the price of harness leather one cent a pound. BUSINESS failures on the 28th: J. W. Bitting & Co., Aurora, Texas, liabilities $40,000; James Alexander, millinery, New York, liabilities $24,000. EDMUND M. W. MACKEY, a congressman from South Carolina, died at Washington, D. C., on the 27th. A MAN who attempted to commit suicide is under treatment at Bellevue Hospital, New York, with a trepanned skull and a drainage tube through his brain. BUSINESS failures on the 27th: B. Dubbs & Co., Augusta, Ga., liabilities $36,000; J. B. Wadsworth, cheese factory. Morrisville, N. Y., liabilities $72,000; D. M. Hawkins, wholesale tobacco and cigars, Cincinnati, O., liabilities $30,000; J. H. Betting, general store, Manor, Tex., liabilities $40,000. SMALL-POX is prevalent in the Indianapolis, Ind., jail. Thus far none have proved fatal. JOHN C. NEW, assistant secretary of the treasury, tendered his resignation to the President on the 24th. WM. P. BARD, a lawyer of Reading, Pa., whose fortune a year ago was over $60,000, on the 24th made an assignment, all his substance having been lost in speculation. AT Concord, N. H., on the 24th, George T. Comins, a prison contractor, failed with liabilities of $140,000.
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DOWN WITH THE TIDE. The Merchants' and Mechanics' Bank of Leadviile, Colorado, Unable to Stand the Pressure of a Determined Run, Closes Its Doors-Only One Bank Left-Serious Failures Anticipated.
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On the 31st ult., the Merchant's and Mechanic's bank of Leadville, succumbed to a heavy run and closed its doors. It was immediately attached for $37,000. This leaves but one bank, the Carbonate, in Leadville.
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Another Colorado Bank Failure. DENVER, Jan. 30.-After a heavy run the Merchants' and Mechanics' Bank, of Leadville, suspended this afternoon, and was immediately attached for $37,000. More attachments will follow. No estimate of the liabilities or what it will pay, is at present obtainable. This leaves but one bank in Leadville, the Carbondale. DENVER, Jan. 31.-At a meeting to-night of the directors of the Merchants' and Mechanics' Bank, of Leadville, which suspended yesterday, it was developed that it will pay 99 cents on the dollar without calling on the stockholders, and that the President's management was honest and conservative. The bank will reorganize and open Monday.
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STATE NEWS. Every saloon keeper in Boulder has been indicted by the Grand Jury. South Pueblo is soon to have new water works, the Arkansas river to be the source of supply. John Dickson, an old man, was found dead in a Blake street Denver lodging house, on the 12th. J. W. Prowers, a wealthy cattle man, formerly a Coloradoan, died on the 14th, at Kansas City. There are now thirty-six gentleman and ten ladies attending the State School of Mines Golden. Charles Garbarino, a well-known hotel man died at Golden on the 10th. He formerly lived at Peoria, III. On the 10th, John Vigil, a Mexican, was accidentlly shot and killed at Tom Wilson's camp on the Del Norte canal. Senator Hill has introduced a bill to change the limit of the appropriation for Denver's public building to $570,,000. During the month of January ten thousand five hundred and nineteen tons of coal were shipped from Starkville. The Trinidad Coal and Coking Company shipped one thousand two hundred fiftynine tons of coke during January. Police Officer Lewis Tuttle, of Denver, had a leg broken while playing and scuffling with another officer, on tho 13th. The trial of O. J. Haller, who shot his wife and Samuel Morris, at Denver last fall, has been postponedjuntil April 22nd George D. Talbot, Clerk of the County Court, has been appointed receiver of the Merchants and Mechanics' Bank of Leadville. for stock toward the of an at has The building subscriptions elevator Fort Collins reached $22,000, 2,000 more than was called for. John Cathers, a ranchman, at Idaho has run away a woman named Ida an an Springs, Waters, leaving with invalid wife and adopted child. Henry Clark, working at the Leopard Four some giant was up in mine, powder recently Mile Creek, and thawed badly out torn consequence. The Arapahoe county commissioners find that George C. Roberts, Ex-County Assessor, county defrauded of the office. out of $4,047.08 during his term On the 10th, twelve feet of snow was reported on the Summitville road, between Del Norte and Summitville, and the road will not be open again before spring. Louis Taylor, who is charged with the murder of W. C. Prigmore, at Eastonville, on New Year's night, has been held to await the action of the Grand Jury in April. The body of August Vesselman was found on the frozen He the formerly prairie, lived south in Denver of Pueblo, on 11th. and cuffered with delirium just before his body was found. On the morning of the 9th, Gustave Rotzler went from Leadville with a dog on a rabbit hunt. The dog returned alone and later Rotzler's dead body was found at the bottom of a deserted shaft, A fire occurred at Seaver's cigar factory, Pueblo, on the 14th, causing damage of on the on and same $3,000 cigars. Gondalfa's building, restaurant, $500. -2,500 in tobacco the building, was damaged The Wisconsin association of the Pueblos has taken steps to induce a woolen mill manufacturer of Wisconsin to locate in Pueblo. This association is also moving in several other matters of like importance. The Trinidad Farmers' Alliance has been a charter by Allithis to rights ance, granted entitling branch 'the all National the and privileges of the National organization. The Trinidad Alliance is No. 13 of the state of Colorado. Alamosa officers, acting under a dispatch from Buena Vista, undertook to arrest John Van Pelt. shot officer when Dorris, wounding The latter him resisted Van slightly, Pelt, and officer Haytt fired, wounding who died in ten minutes. Pioneer Hook and Ladder company, of Breckenridge, elected the following officers: Foreman, Scott McLarran; first assistant fore man, Joe Miller ;second assistant, John Dirks: president, J. D. Rankin; secretary, G. L. Betz, treasurer, J. H. Hartman. The proprietors of the Rocky Mountain at on an additional enerNews, exhibit Denver, of their dress enterprise the of 13th, type and for made gy by an entire new their ournal. This makes the News one of the handsomest newspapers west of the Mississippi. A Crested Butte man has invented an improvement on the snow shoes now in use.