eb301e63Full suspension
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Florence, Ala, Bank Goes Under. BIRMINGHAM, Ala., June 22.- The Florence National Bank of Florence, Ala., closed its doors today. The immediate cause is attributed to the spread of false reports which caused a run on the bank. The bank expects to resume again in a few days, as soon as things are straightened out.
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DEFUNCT BANKING HOUSES. MORE INSIDE HISTORY RELATING TO THE KEYSTONE BANK. Correspondence Which Passed Between Comptroller Lacey and Bank Examiner Drew. Special to the RECORD-UNION. PHILADELPHIA, June 22.-An official copy of all correspondence between Comptroller Lacey, Bank Examiner Drew and others, with reference to the affairs of the Keystone Bank, which was received from the Treasury Department last week, was made public to-night. It is very voluminous, and much of it has already been published in connection with the investigation. In a letter from Drew to Lacey, the former gives the result of his examination of January 9th, when he was informed of President Lucas' $600,000 deficit, and gives in detail the measures he took to recover from Lucas' estate. He says Marsh was ignorantly led into these transactions, while Cashier, by Lucas, and the latter, on his death-bed, exacted a promise from Marsh to continue the deception under representations that the money abstracted would soon return from Lucas' enterprises. Following this, at frequent intervals, were letters and telegrams in reference to the condition of the bank and the reorganization efforts. On February 16th Drew's mind was evidently changing in regard to Marsh, for he reported that developments made him suspicious of that gentleman. On February 28th Comptroller Lacey wrote Drew, urging prompt measures to rehabilitate the bank, and saying that unless some other way was found at once he would order the assessment of the stock. After the assessment had been made there were many other communications, and finally, on March 19th, the Comptroller telegraphed Drew to visit the bank in the morning. The next morning he received instructions to close it. On the same day Drew telegraphed the Comptroller urging the appointment of a receiver without delay. and suggested the name of Mr. Lynch. leadded that there were strong probabilities that the bank would be reorganized by wealthy men. The same day Comptroller Lacey sent Drew the following telegram. marked confidential: "Call at the southeast corner of Eighteenth and Spruce streets, at 8 o'clock this evening, and give Mr. W. a close estimate of the assets and liabilities. Encourage all efforts to reopen the bank, and-give out noinformation except such as will conduce to that end, and then with great care." On March 22d, Drew wrote a private letter to Lacey, advising that no action be taken against Marsh, as his services were indispensable toward the investigation. Previous to Marsh's arrest, numerous letters passed in regard to the reorganization. FAILURE OF AN ALABAMA BANK. BIRMINGHAM (Ala.), June 22. - The Florence National Bank, of Florence, Ala., closed its doors to-day. The immediate cause is said to be the spread of false reports, which caused a run on the bank. Some confusion seems to have resulted by reason of Mr. Flannigan, Cashier of the Alabama Banking and Fruit Company, having been for a time also President of the Florence National Bank. A NASHVILLE BANK SUSPENDS. NASHVILLE (Tenn.), June 22. - The Nashville Savings Bank, conducted by Julius and Max Sax, closed its doors this afternoon. Messrs. Sax claim that the suspension of business is due to the stringency of the money market, and their inability to get rediscounts in the East. They believe they will be able to reopen in a month and pay the depositors in full. The assets are $665,000 and the liabilities about the same.
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A. Bank Suspends. BIRMINGHAM, ALA., June 22.-The Florence National Bank, of Florence, Ala., closed its doors. The immediate cause is attributed to the spread of false reports which caused a run on the bank.
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BANK DOORS CLOSED. False Reports Cause a Run on the Bank at Florence, BIRMINGHAM, ALA., June 22. - The Florence National Bank of Florence, Ala., closed its doors to-day. The immediate cause is the spread of false reports which caused a run on the bank. Some confusion seems to have resulted by reason of Mr. Flannigan, cashier of the Alabama Banking and Trust Company, having been for a time also president of the Florence National Bank. Its books showed $10,000 deposited in the Traders' National Bank of Boston, Mass., but a draft for $6,000 on that bank went to protest. It developed that the $10,000 had been appropriated to paying certificates of deposit of the Alabama Banking and Trust company on an order of Mr. Flannigan. The bank expects to. resume again in a few days, as soon as things are straightened out. A NASHVILLE BANK SUSPENDS. NASHVILLE, TENN., June 22. -The Nashville Savings Bank, operated by Sax Brothers, suspended to-day on account of failure to get re-discounts in New York and inability to collect. The assets are $664,956, and the liabilities $664,956. The entire personal property of the firm is included in the assets.
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THIRTY DAYS A BANKER. HE MADE GOOD USE OF HIS TIME. Why a Florence, Ala., Bank Temporarily Buspended-Little Uneasiness is Caused by the Suspension. FLORENCE, Ala., June 23.-The Florence National bank closed doors yesterday morning. For several days reports have been circulated reflecting on the credit of the bank, which culminated in a run on it. The suspension wasonly temporary, and depositors will be paid in full. The following sensational statement was made by the officers of the bank. "The Florence National had $10,000 to itscredit in the Traders' National bank of Boston. Tuesday we drew on the Traders' for $6,000, and the draft was protested. It then developed that the entire $10,000 had been previously drawn out by an order signed Jos. R. Flanigin, ir., president, and that the money had been appropriated for the payment of certificates of deposit of the Alabama Banking and Trust company ofthis city." Mr. Flanigin was president of the Florence National bank for thirty days, and was at the same time cashier of the Alabama Banking and Trust company. The people here have the utmost confidence in the officers of the Florence National, and but little uncasiness is caused by the failure.
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NEWS IN BRIEF. n A Condensation of Interesting Items on Various Subjects. 1 Commencement at Yale college this week. , The Florence (Ala.) National bank has ) closed its doors. e The North American Turner Bund closed at Indianapolis. s Mrs. Lucy Broadly fell into an old well near Logansport, Ind., and was killed. t Henry S. Ives was in Wall street again Monday, looking pale, but chipper as ever. Mrs. Samuel Mather, of Cleveland, O., ) gave $75,000 to the Western Reserve uni) versity. I Houston O'Benchain shot H. N. Trout, a detective, at Troutville, Va., and then ) killed himself. A tornado in southern Kentucky destroyed about fifty houses and $35,000 worth of crops. It cost Pennsylvania over $85,000 to maintain and transport troops during the coke region riots. The country around Guilford, Ind., was storm-swept Saturday night, with a big loss of life of cattle. Francis H. Brown, the well known composer and author, died Tuesday, aged 73, at Stamford, Conn. Rioting Mishawka (Ind.) men took possession of a saloon and had a glorious time until stopped by officers. Frank Powell, a circus man, was drowned at Fort Wayne, Ind., while swimming in St. Mary's river. Four valuable horses belonging to William Seymour, near Newark, O., got on the railroad track and were killed. W. W. Cornell, of Newark, O., the father of a pretty daughter, shot William Shep ard, her lover, for courting her. Clara Delact. aged 10, of near Sidney, O., while playing in a hay field, had her right foot severed by a mowing-machine. William Caldwell was sentenced at Houston to be hanged July 31 for the mur der of Dr. Shamblin in August, 1888. S. B. Morris, proprietor of a drug store in north Denver, was mysteriously poisoned and robbed of $200 at Sterling, Colo. At Fostoria, O., Flynn Short was killed by being run over by a train at the Columbus, Hocking Valley and Toledo cross ing. Young Craig, son of Carroll Craig, of Smith's Grove, Ky., who was hurt by a binder in a runaway some days ago, is dead. Peter McLaughlin and John Polker, the latter a naturalized Italian, were killed at Chester, Pa., by a premature explosion of dynamite. The brickmakers' strike at Denver has been declared off. After months of waiting, the men were compelled to acknowledge defeat. At Sheepshead Bay Kingston made a new record for the Fut rity course, running the distance, a little short of six furlongs, in 1:08. S. B. Morris, a Denver druggist, disappeared with a roll of bills, and was found dead and robbed. A coroner's jury decided he was poisoned. Bill Elliott's paper, the Columbus (O.) Sunday Capital, was sold at receiver's sale for $450. Before Elliott's trouble it made him over $5,000 a year. The Old State bank, of Nashville, Messrs. Sax proprietor, has suspended. it is estimated that the nominal assets are about $600,000, with liabilities about the same, and is is stated that the de
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Failure Caused by False Reports. BIRMINGHAM, Ala.. June 24.-The Florence National bank, of Florence, Ala., has closed its doors. The immediate cause is attributed to the spread of false reports which caused a run on the bank.
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CLOSED CP THE BANKS Failure of Cox Brothers' Savings Institution as Nahivel THE RESULT OF A RUN or THE BANK Liabilities and Assets Are About $500. 000 Each-Heavy Business Failures in Birmingham, Louisville and Other Citice. NASHVILLE, Tenn., June 33.-The banking firm of Sax Bros. generally known as Sax's bank. made an assignment Monday afternoon. Liabilities, 8000,000; assets about the same. The Messrs. Sax say that they have put every dellar of their assets, both of the bank and their personal property, into the assignment. Not only were expressions of regret general at the unexpected event, but proffers of substantial aid were made immediately from all sides. The institution has been in existence something over a quarter of a century, and has been throughout this period one of the most highly esteemed banking houses in Nashville. It is hoped that within a few weeks the business may be resumed. It appears that a run on the bank began at 11:30 o'clock Monday and continued until 1 o'clock, when it was plainly seen that unless assistance could be had from the other banks suspension must result. The assistance was not fortheoming and the bank suspended. The depositors who called at the bank were told that they would all be paid in full, but that some time would be required for the bank to realize on its assets. This being the first bank suspension in the city for twenty-five or thirty years it occasioned no little excitement. The impression prevails that the depositors will lose little if anything. BIRMINGHAM, Ala. June 23.-The Florence national bank of Florence, Ala., closed its doors Monday. The Immediate cause is attributed to the spread of false reports which caused a run on the bank. Some confusion seems to have resulted by reason of Mr. Flannigan, cashier of the Alabama Banking & Trust Company, having been for a time also president of the Florence national bank. Its books showed $10,000 deposited in the Traders' national bank of Boston, but a draft on that bank for $6,000 went to protest. It developed that the $10,000 had been appropriated to paying certificates of deposit of the Alabama Banking & Trust Company on the order of Mr. Flannigan. LOUISVILLE, Ky., June 23.-W. Ber singer & Sons, dealers in furniture, as. signed Monday morning. Liabilities, $40,000; assets, $43,000. BOSTON, June 3.-Alley Bros. & Place, leather dealers at 54 South street, have assigned to W. A. Rust and W. A. Knowlton. The liabilities are estimated at $300,000.
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NUMBER 18. BANKS CLOSED UP. Sax Brothers' Savings Institution at Nashville, Tenn., Fails. Liabilities and Assets Are About $600,000 Each - - Business Troubles in Other Cities. FORCED TO ASSIGN. NASHVILLE, Tenn., June 24.-The banking firm of Sax Bros., generally known as Sax's bank, made an assignment Monday afternoon. Liabilities, $600,000; assets about the same. The Messrs. Sax say that they have put every dollar of their assets, both of the bank and their personal property, into the assignment. Not only were expressions of regret general at the unexpected event, but proffers of substantial aid were made immediately from all sides. The institution has been in existence something over a quarter of a century, and has been throughout this period one of the most highly esteemed banking houses in Nashville. It is hoped that within a few weeks the business may be resumed. It appears that a run on the bank began at 11:30 o'clock Monday and continued until 1 o'clock, when it was plainly seen that unless assistance could be had from the other banks suspension must result. The assistance was not forthcoming and the bank suspended. The depositors who called at the bank were told that they would all be paid in full, but that some time would be required for the bank to realize on its assets. This being the first bank suspension in the city for twenty-five or thirty years it occasioned no little excitement. The impression prevails that the depositors will lose little if anything. BIRMINGHAM, Ala., June 24.-The Florence national bank of Florence, Ala., closed its doors Monday. The immediate cause is attributed to the spread of false reports which caused a run on the bank. Some confusion seems to have resulted by reason of Mr. Flannigan, cashier of the Alabama Banking & Trust Company, having been for a time also president of the Florence national bank. Its books "showed $10,000 deposited in the Traders' national bank of Boston, but a draft on that bank for $6,000 went to protest. It developed that the $10,000 had been appropriated to paying certificates of deposit of the Alabama Banking & Trust Company on the order of Mr. Flannigan. LOUISVILLE, Ky., June 24.-W. Bensinger & Sons, dealers in furniture, assigned Monday morning. Liabilities, $40,000; assets, $45,000. BOSTON, June 24.-Alley Bros. & Place, leather dealers at 54 South street, have assigned to W. A. Rust and W. A. Knowlton. The liabilities are estimated at $500,000.
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ANOTHER BANK FAILURE. The Florence National, of Florence, Alabama, Puts Up Its Shutters. BIKMINGHAM, June 23.-The Florence Ala. closed its doors today. The immediate cause is attributed to the spread of false reports, which caused a run on the bank. Some codfusion seems to have resulted by reason of Mr. Flannigan, cashier of the Alabama Banking and Trust Company, having been for a time president of the Alabama Banking and Trust Company, having been for a time president of the Flerence National Bank. Its books showed $10,000 deposited in the Traders' National Bank of Boston, but a draft on that bank for $6,000 went to protest. It developed that the $10,000 had been appropriated to paying certificates of deposit of the Alabama Banking and Trust Company, on an order from Mr. Flannigan.
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census report owned by Negroes in Virginia cities is valued at $3,019,950 and their personal property $454,799. In the counties the real estate owned by Negroes is valued at $8,555,964 and their personal property $2,996,089. Total in State $15,026,802. George Hutchins of New Jersey, a few years ago, left Henry George $12,000 to be used in printing and distributing his book "Progress and Poverty." The widow contested the will and after two years litigation there is $584 left out of the $12,000, in the division of which the court awards Mr. George two-thirds. On the farm of Geo. Vandevander in Highland Co., Va., was blown down, last week, an apple tree planted about one hundred years ago, and which, up to three years ago, bore eighty bushels of apples a year. It measured 10½ feet around the trunk. Benj. J. Brooks, a school teacher near Americus, Ga., has just been sentenced to $500 fine or eight months in the chain gang for cruelly beating a pupil. Brooks has money to pay the fine, but preferred working it out in the chain gang, to paying it. Why do people wait until a man is sick and can't eat, to send him good things? When he is well, and would like something good, no neighbor comes in with fancy jellies, old wines, and things like that. Things are very unfair.-Atchison Globe. The bronze statue of the late Gen. Wm. C. Wiekham has been completed and is ready for delivery to the city of Richmond. It is thought that it will be placed in Monroe Park. At a circus side-show in Chicago, while Miss Uno, the snake charmer, was performing with a fourteen-foot python, it tightened Its folds on her and seized her arm with its teeth. It took three men to release her. Mrs. Ellen Moore of Williamsport, Pa., who is a member of the Funeral Directors' Association of Pennsylvania, has been in the business forty years and buried 5,338 persons. Robert Garnett of Va., a near relative of the late Senator R. M. T. Hunter, has been appointed keeper of the morgue at Washington. A London tradesman recently received an order for sixty-four pairs of shoes for the daughter of the Grand Duke Paul of Russia, a child less than a year old. Gov. McKinney says he will recommend in his message to the next Virginia legislature, a law requiring separate cars for whites and negroes on the railroads. The Florence National Bank of Florence, Ala., suspended Monday, after a run on it, caused by a false report. It expects to resume in a few days. John D. Rockefeller, the Standard Oil man, is the richest man in America and much ahead of Gould or the Vanderbilts. His wealth is estimated at $129,000,000. The second lot of new Virginia wheat received in Baltimore, this time $280 bushels, from Lancaster county, sold at $1,50 a bushel. General Grant's sister Mw. Mary Crant.
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BRIEF MENTIONOF NEWS Happenings of the World from Pole to Pole. TOLD IN A FEW SECONDS OF TIME The Developments of Each Day During the Week Caught Fresh from the Bus Wires and Carefully Edited and Con densed for Our Readers. redestroyed the house and barn owned by Charles Smith, of Pittsfield, Mass., with their contents, including one horse. Loss $3,500; insurance, $2,600. The jury to try the indicted New Yorl Central directors has been completed. Th taking of testimony will begin today. Peter McLaughlin was killed and John Polker severely injured by a prematur explosion of dynamite Leiper's quarries Chester, Pa. The trial of Meyer & Dickinson's secon suit against the government for the recov ery of duties on articles used as hat trim mings has been resumed in the Unite States circuit court at Philadelphia. Acting Secretary Spaulding sold to Har vey Fisk & Sons, of New York, the entir issue of District of Columbia 3½ per cent bonds ($2,400,000) at $100.531 for each $10 bond. J. H. Moreys, of Ogdensburg. N. Y. aged twenty-two, a clerk in Lamb & Co.' dry goods store at Northampton, Mass was drowned in the Connecticut river b the upsetting of his canoe. The Florence National bank of Florence Ala., has closed its doors. The immediat cause is attributed to the spread of fals reports, which caused a run on the bank At the meeting of the trustees of Will liams' college, Williamstown, Mass., Ber nard C. Steiner, of Johns Hopkins, wa appointed to fill the chair of America history during the absence of Professo Rice in Europe. Philip Corner, of Wellsbury, N. Y., wa struck and killed by lightning as he wa looking out of a window of a tannery a that place. The building was not dam aged. Pennsylvania's World's fair bill has bee approved by the governor and the commis sion appointed. Captain Lawler, of Marblehead, Mass has sailed on his trip across the Atlanti in a dory. An engine on the Nablette narrow guag road, about ten miles west of Willo Springs, Mo., ran into a push car contain ing eleven employes. James Kamtzer an Fred Eberles were instantly killed and W W. Richman severely injured. The othe eight men escaped by jumping. Frederick Molock, of Newark, N. J., wh has spent fifty of his eighty years in prisor was sent to jail for ninety days by Justic Preisel. Joseph Barton, a farmer, was drowne in the Hackensack river at New Bridge N. J., while bathing. The slaughterhouse of Jacob Schlemme on the turnpike road, Harrison, N. J., wa destroyed by fire, involving a loss of $10,00 Charles Woodruff, a farmer at Giffords S. I., has been missing from his home th past three weeks. He is a man of about forty-three years, medium build, has gra hair and brown mustache. Pasqualo Delto, an Italian saloon keepe at 153 South Canal street, Newark, wa arrested for assaulting the thirteen-yea old daughter of Abraham Guenstone wit a stick and breaking her leg. Fourth class postmasters have been a] pointed in New York state as follows: 1 M. Ingelow at South Limaand A. Wemple at Waupenville. The secretary of the interior has awarde the contract for repairing the great Cas Grande prehistoric ruin near Gila river i Arizona. The sum of $2,000 was appropr ated by the last congress. At a special meeting of the New Yor Life Insurance company resolutions wer adopted calling for a thorough investiga tion of its affairs, especially with regard t the Spanish-American department, and ex pressing confidence in the solidity of th institution. The census office has in press and wi shortly publish for distribution an elabo ate report on lumber production and allie industries for the states of Michigan, Wi consin and Minnesota. Henry C. Fanning, convicted of the mu der of Mrs. Emily Taylor on April 18 i
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Florence's Broken Bank. W ASHINGTON, June 27.-Mr. Lacey, controller of the currency, says that the Florence National Bank of Florence, Ala., will be placed in charge of a receiver as soon as the proper selection can be made.
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The Florence National Bank. [By telegraph to the Dispatch.] WASHINGTON. D. C., June 27.-Mr. Lacey, Comptroller of the Currency, says that the Florence National Bank, of Florence, Ala., will be placed in charge of a receiver as soon as a proper selection can be made.
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LATE TELEGRAMS BCILED DOWN FROM PRIVATE, SPECIAL AND OTHER SOURCES. Victoria baseballers lay the Beeville Picayunes out cold. State encampment meets in Austin July 18, to continue one week. Wilson county needs more rain and is suffering for want of it. Bones of a mastadon discovered near Luling. Fishing is the favorite pastime about Luling and sport is good. Fort Worth saloons are pulled for keeping open from 9 a. m. to 4. m. Dr. Shrod's handsome dwelling, Marshall, is destroyed by fire. Sheriff Bob Williams shoots Sam Cullock at Conowav, Ark. Iowa was visited with a disasterous storm on Saturday. Hogs, cattle and horses are floating in the Iowa streams. Rains, heavy and light, have fallen in the vicinity of Lockhart. Lockhart is extending and improving street car service. Chairman Finley authorises the competing roads to meet the Alton rates. Florence National bank, Ala., goes into hands of receivers as soon as appointment can be made. Western traffic association lines are clamoring for a division of freights. Prince Victor must break his leason or Eugenie will not grant him annuity or fortune. Mr. Moreau endeavors to secure abrogation of deeree by chambers, in France, against American pork. A Pittsburg kid, nine years old, swims'one and a half milesand finishes, strong. Henry Martin. drunk and disorderlyfkilled by a policeman at Pine Bluff, Ark. Three 16-year old boy S arrested for attempted passenger train wrecking near Ada, Minn. Honduras appoints commissioners for the World's fair, and will be on hand with a large exhibit. The report is untrue that the Dalton gang has raided Guthrie City I. T. Not a single life was lost in Cherokee, Io., by the flood, but the damage to property is beyond estimate. Thursday's rain in Kansas carried away wheat, barns and agricultural implements. Lone Star Brewing company have established cold storage at Floresville. Rosser and Carroll have put 1,000 young horses on their Wilson county range. Havana sugar seliers are holding for higher prices and business is light. Mrs. Wood tells in the Topeka papers how her husband was murdered at Hugoton, Kan. News comes from Holstein, Ia., of three school houses swept away and two children drowned in the late storms. Illinois Central road has 600 men at work in the storm-swept Iowa district. The record of the bicyclists in the Buffalo races will be disputed, as the track has been measured and found short. Minnesota and Dakota have been greatly benefitted by the late rains which were not as severe as in Iowa and Kansas. The Sturm matter is being investigated in Mexico, but does not show that any promises were made to him, as alleged. The Goldings, San Francisco, fight the police, mistaking them for burglars: three officers hurt and two of the Goldings, one fatally. Cherokee. Iowa,, has 50 houses gone and 100 more wrecked. In two hours from the time the alarm was given the entire valley was flooded. As the result of the last state teachers' association Texas may possibly have a chair of pedagoguey in the university. In the 25 miles cycling race, July 17, between Detroit and Pontiac,an observation train will accompany the races, the road running parallel with the railroad all the way. Riverside Concert.
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South and West. MRS. JOHN LARSON, of Hudson, Wis., in a fit of insanity, drowned her three children in a lake. THE Florence National Bank of Florence, Ala., closed its doors. The immediate cause is attr tuted to the spread of false reports, which caused a run on the bank PRINCE GEORGE, of Greece, who accom panied the Czarewitch of Russia on his tour, arrived at San Francisco, Cal., from Yokobama, Japan. He was to proceed direct to New York, sail for London, and go thence to St. Petersburg. FOUR men were killed by the wrecking of a construction train near Richmond, Ky. Six others were injured. GOVERNOR HORACE BOIES, of Iowa, was renominated by the Democratic State Convention at Ottumwa. JOHN AND FRANK MAXWELL, of Franklin County. Iowa, caught rabies from skinning 2 steer that had died from the bite of a mad dog. The former is dead and the latter is ebained in his cellar, a raving maniac. WILLIAM H. Cook, recently Police Clerk of Toledo, Ohio, pleaded guilty to the embezzlement of $5000 of the city funds, and was sentenced to five years in the penitentiary and to pay a fine of $10,000. A REPORT comes from Cherokee County, North Carolina, of a cloud-burst there. Two illicit distillers, Harvey Agnew and Jacob Newton, were instantly killed. Farms for miles were inundated, and growing crops suffered a less of several thousand dollars. THREE boys have been arrested at Urbana, Ohio, charged with attempted train wrecking. Their names are Edward Evilsizer, Charles Pence and Charles Steinburger. The eldest is only fifteen. They have confessed that they have made three attempts to wreck the night express. JEFFERSON A. HARLOW, a Kansas City (Mo.) letter carrier, slept near the open window with the moon shining full upon his face. When he awoke be was totally blind. THE recent rains have started a new weed known as pepper grass in many North Da kota counties in the Red River Valley, and it has already ruined many fields of wheat. The weed grows so much more rapidly than the wheat that it chokes out the cereal. THE latest news from storm swept Northwestern Iowa is that in addition to the four persons drowned at Cherokee eight others lost their lives at Correctionville, The destruction to property was very large. AT the Moqui Reservation in Arizona, the Indian agent and another white were murdered, and 750 bucks in war paint encamped in Keam's canyon, armed with Winchesters and ready to fight. Troops from Fort Wingate went to disperse them. STATE TREASURER WOODRUFF, of Kansas, has been indicted for the embezzlement of State funds. THE town of Moville, South Dakota, was nearly wiped out by a flood. The inhabitants were compelled to camp out in a field. THOMAS THURMAM, Joseph Zins, Miss Edith Zins, Miss Catherine Case and Miss Kate Riddle were drowned while boating on the Ohio River, opposite Covington, Ky, The boat was run down by a barge. STATE COMPTROLLER COLGAN, of California, has been advised by his attorney, J. A. Barban, not to pay the $300,000 appropriated by the Legislature for California's exhibit at the World's Fair on the ground that the appropriation is unconstitutional. THOMAS HARRIS, colored, was hanged at Shreveport, La., for the murder of Ella Franklin. Two colored men living in Cass County, ten miles east of Dangerfield, Texas, named Will Hartsfield and Mun Sheppard, were taken out and shot to death by unknown parties.
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# Wagon Company Fails. FLORENCE, July 20.-The Florence Wagon Manufacturing company failed; assets, $180,000; liabilities, $78,000. The failure is attributable to the assignment of the Florence National bank some days ago. Business will be continued by the receivers and creditors will be paid in full.
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# Southern Wagonmakers Suspend. FLORENCE, Ala., July 20. - The Florence Wagon Manufacturing Co. failed Saturday, with assets of $180,000, and liabilities of $78,000. The cause of the failure was the collapse of the Florence national bank some days ago.
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A RECEIVER APPOINTED.-The controller of the currency has appointed Col. John C. Goodloe, sr., of Barton, Ala., receiver of the Florence National Bank of Florence, Ala. -
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Made Receiver of a Bank. WASHINGTON, July 23.-The - controller of the currency to-day appointed Col. John C. Goodloe, Sr., of Barton, Ala., receiver of the Florence National Bank of Florence, Ala.
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South and West. SIM JOHNSON, colored, was hanged at Charlestown, W. Va, for assaulting a white gir!. OPPOSITE Golconda, III., William H. Hockwisher and William Kreipke, both under thirty, and two colored men were drowned by the overturning of their skiff in a sudden windstorm. ALICE JONES and May Davis, of Union Springs, Ala., tried to cross a high trestle and were overtaken by a train and killed. THE jury at Walla Walla, Washington, which has been trying a number of Uncle Sam's soldiers for the lynching of Gambler Hunt, who killed one of their number in a brawl, brought in a verdict of "not guilty." A CYCLONE in Cairo, III., did much damage, unroofing many houses, and blowing cars from the railroad track. THE Nashville (Tenn.) banking firm of Sax Brothers, generally known as Sax's bank, made an assignment. The liabilities are $600,000. SECRETARY RUSK inaugurated the first official miscroscopic inspection of pork at the Union Stock Yards, Chicago, III. MRS. JOHN LARSON, of Hudson, Wis., in a fit of insanity, drowned her three children in a lake. THE Florence National Bank of Florence, Ala., closed its doors. The immediate cause is attr buted to the spread of false reports, which caused a run on the bank PRINCE GEORGE, of Greece, who accompanied the Czarewitch of Russia on his tour, arrived at San Francisco, Cal., from Yokohama. Japan. He was to proceed direct to New York, sail for London, and go thence to St. Petersburg. FOUR men were killed by the wrecking of a construction train near Richmond, Ky. Six others were injured.
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IN A FINANCIAL WAY. Investment Company Assigns--Big Montreal Failure--A New York Contractor Goes Broke. The Kimball-Champ Investment Company of Council Bluffs, Ia., with a capital stock of $300,000, has made an assignment. It is said the liabilities are about $100,000 and the assets $400,000. W. H. Halliburton, wholesale druggist in Little Rock, Ark., has made an assignment, with preferences amounting to $46,000. The comptroller of the currency last Thursday appointed Col. J. C. Goodloe receiver of the Florence National Bank of Florence, Ala. The wholesale millinery and dry goods firm of John McLean & Co., of Montreal, has made an assignment on demand of the Merchants' Bank. The total liabilities are $281,000 An execution was placed in the hands of the sheriff in New York Thursday against Contractor Herman Clarke, for $108,987, upon a judgment in favor of David E. Donovan, in an accounting of I partnership. The firm of H. Clarke & Co., was formed March 20th, 1884, and built the Staten Island Rapid Transit Company's railroad.