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Will Pay Dollar for Dollar. LORDSBURG, N. M., Feb. 8.-The bank examiner's report of the failures of the Deming and Silver City banks which suspended Friday will not be ready for about two weeks, bnt the liabilities will be about $152,000. The officers of the bank say they can pay dollar for dollar and resume business within three months.
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, TERRITORIAL TIPS. The new sampling works at Deming are now running sleadily and handling from three to four cars of ore per day. The first killing frost of the season came to Springer on the night of the 12th, when garden vines received their death blow. District court is in session at Los Lunas, and will continue for a week or more. The petit jury was organized Monday. There are two murder cases to be tried. The grass in Grant county is looking better than it has for the past three years, but it is feared it is too late in the season to be of any lasting benefit to the cattle. men. The exhibit of bugs from the agricultural college, by Prof. C. H. Tyler Townsend, at the fair, was well worth attention, and embraced 352 different specimens, all from New Mexico. The Goss military institute, of Roswell began its term for the ensuing year on the 1st inst., with flattering prospects. The opening day showed an enrollment of sixty cadets and twenty young ladies. Dan Fisher tells us that many of the Swiss are getting ready to plant a large acreage of cana-agria, and that Mr. Bonaty, Ernest Secretan and C. Cuenod have already got in several acres.-Eddy Citizen. Albuquerque fair note: "The gang of bunco steerers who did thriving business in this city last week, and were unmolested by the city authorities, have folded their slick games and gone to newer fields of labor." Deming dot: It is altogether likely that any attempt made to register the Chinese residents will meet with determined opposition. The Chinaman will not believe that such a law has been put into effect, and say they will carry the question into the courts. County Treasurer Berg and Louis Altman have returned from Las Cruces to Grant county. They had been summoned to appear before the grand jury as witnesses in the case of the United States against the officers of the defunct Silver City and Deming banks. J. Crockett Givens, dealing in general merchandise at Central City, Grant county, assigned Saturday for the benefit of his creditors. The tightness of the money market is supposed to have been the cause of the failure. It is believed that he will be able to pay dollar for dollar. Woman's world fair note from San Juan county: "Owing to the kindly services of Mr. S S. Rush we were able to engage the services of Miranda, the expert blanket maker, Mr. Rush having sent Indian runners after her eight weeks ago. They found ber near Santa Fe, and
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a Neighborhood News. GRANT COUNTY. SILVER CITY. From the Enterprise -The receiver of the Deming bank will soon pay a dividend of 25 per cent. -The dividend declared by the comptroller to the depositors of the First National bank has been increased to 20 per cent -Capt M. Cooney has developed an enormous body of ore on the Silver Four. tain, the vein is twelve feet in width and averages $28 per ton in golu and eilver -Through the joint efforts of Al. Hoed, telegrapher, and John Mudge, agent at this station, a down-town telegraph office has been secured, and is now open for business ut the Soathern -M. M. Lynch, whose efficient control of the Alhambra and Hobson properties is proving such a brilliant success for those mines, showed his smiling countenance on the streets of Silver City, yesterday. -A. C. Carwile writes a friend in this city that be has been quite ill for several days, but is recovering slowly He expects to return here in December, and resume business. He still entertains the opinion that he was drugged in Albuquerque. -The Black Hawk mine is being worked steadily under the superintending of Col. Twomey. E. M Hand the General Manager is absent in Central America, and his brother, Arthur Hand, a prominent young mining engineer from Montana, exercises a careful supervision during his absence -Capt. J. H. FitzSimmons, superintendent of the Albambra and Hobson properties, was in town yesterday making arrangements for a boiler to replace the one on the Hobson property which needs repairs. Mr. FitzSimnons reports the great bonanza on the Alhambra as still holding its own. -The White House in this city was burglarized Tuesday night last The midnight prowlers gained admission by prying open the basement trap window. and descending, passed through and up the stairway to the card room and saloon proper. The till was tapped for $550, all the change left by the night watch The drawers of the back bar were rummaged, as were the closets, all of which were left open After tl.e clean-up the burglars escaped through a rear window.
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Receiver Foster of the defunct Deming and Silver City banks, intends to order another assessment on the stockholders of the Deming bank and this assessment will be up to the limit. Mr. Foster is pushing the affairs to a settlement as fast as possible, and is incurring the hostility of some of the creditors of the bank, by insisting on their paying up. Some people have the impression that because the banks went busted there is no necessity for any one owing the Mr. bank paying their accounts. Foster expects to have the first dividend he pays equal in amount the one paid by the former receiver.
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RECEIVER FOSTER of the defunct Deming and Silver City banks, says the Lordsburg Liberal, intends to order another assessment on the stockholders of the Deming bank and this assessment will be up to the limit. Mr. Foster is pushing the affairs to a settlement as fast as possible, and is incuring the hostility of some of the creditors of the bank, by insisting on their paying un. Some people have the impression that because the banks went busted there is no necessity for any one owing the bank paying their accounts. Mr. Foster expects to have the first dividend he pays equal in amount the one paid by the former receiver.
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[From the Daily. December 11.1 W. A. Wilson, the El Paso, Texas. rustler for Armour's packing company. is in the city. H. S Nones arrived yesterday from a three weeks' trip to Denver. He goes south on Wednesday. Albert Eiseman. of the Eiseman Bros., is in the city from Boston He is disappointed in the wool situation. Neill B. Field, who has been acting as attorney for the defunct Silver City and Deming banks, has forwarded his resignation to Receiver E L. Foster. but AM yet the same has not been accepted. J. H. Fenner and wife, of Bradford. Penn., are in the city and will locate Mr. Fenner is a locomotive engineer and and a brother of Mrs. J. M. Happ. wife of the well-known barber at Hahn's R M Turner, formerly of Las Vegas, was in the city Sunday, leaving this morning for El Paso, Texas, where he accepts a position in the United States cus. toma house under Collector Chas Davis Jerry Jones, of Sierra county. the only miner in southern New Mexico that ever sunk an "up-raise," is in the city on business, and this morning called on his old friend. Deputy Revenue Collector Burns. Dr. Macbeth. the picealo player of the First Regimental band, received this morning a new piccalo from Cincinnati. The doctor in an artist at his business. but he expects to do better work with his new instrument The Deming Headlight says: Fred. Gossom, general agent for the Home Life. left to-day for Albuquerque. It is generally understood by some of Fred's friends that he intends to wed one bf Albuquerque's fair damsels ere long. J. B. Bott, of Kansas City, returned to the San Felipe yesterday from Jemez, where it became too cold for him. He sold his business at Kansas City and is now waiting for his wife. Upon her arrival they will procee to the coast. Mrs. W. A Walker returned from the east on Saturday, having visited Chicago, Washington, Raleigh, Atlantic and Natchez while away, having relatives in many places, and comes home in excellent health. Of course Albuquerque is the paradise of all. Her many friends welcome the little lady home.
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Territorial Items. The Montezuma Hotel at Las Vegas Hot Springs, New Mexico, which has been closed for some time, will be reopened by the Atchison, Topeka & Santa Fe Company in about six weeks.Rio Grande Rep. Mrs. John B. McPherson, of Hillsborough, died last week after many years' illness. The funeral was largely attended. Neill B. Field, who has been acting as attorney for the defunct Silver City and Deming banks. has forwarded his resignation to Receiver E. L. Foster, but as yet the same has not been accepted.Citizen. Free excursions through New Mexico and Arizona are ordered stopped by the railroad companies. Instead of parties of unemployed workmen, the freight trains have been hauling gangs of tramps, who are heading for Kansas to get under the protecting wing of Governor Lewellyn.-Citizen. The cattle queen of New Mexico is Mrs. Taylor, of the Mimbres, in Grant County. She is often seen on her horse among the herds superintending the work of cutting out, branding and gathering the beeves for shipment. By careful management and good business jurisprudence Mrs. Taylor has made cattle raising profitable even throughout its darkest days. There are some other women in New Mexico who have done well in cultivating the frolicsome steer.-Rio Grande Rep. A telephone message from Mora Saturday night, announced that John Doherty, ex-sheriff of Mora county and a worthy and prominent citizen of northern New Mexico, while sitting in his office, between 7 and 8 o'clock that evening was shot and killed by an unknown assassin. No cause is given for the deed, and, as yet, there is no clue to the murderer. A later message said a reward of $2,000 had been offered for the assassin. Great excitement prevails in Mora over the affair. Mr. Doherty leaves a wife and twelve children, and was one of the most useful citizens in all that section.-Optic. Sheriff W. P. Cunningham and Deputy Sheriff Page Otero, of Santa Fe county, arrived in the city from the Territorial capital Saturday night. These gentlemen are working on clues in regard to the mysterious murder of ex-Sheriff Frank Chaves, of Santa Fe, and a few hours after their arrival were closeted with a certain Mexican who claims to know more about the murder than he has heretofore told.-Citizen.
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Evidence All In. Special to Citizen. Las Cruces, March 3.-In the case against C. H Dane for embezzlement, the evidence is all in and the arguments before the jury commenced this morning. H. B Fergusson, assistant United States attorney. is making a gallant fight and deserves to win the case A peculiar state of affairs exists in closing up the business of the defunct Deming and Silver City banks. The former receiver, Isaac M. Smith. now deceased. who was quite a considerable stockholder. recommended an assessment on the stockholders of eighty-two per cent at Deming and seventy-five per cent at Silver City. It now becomes apparent that the assessment in each case should have been all the law allows, one hundred per cent, but now it is a matter of grave doubt whether, having called one assessment, the comptroller can call another one for the balance. The depositors are therefore in a very unhappy frame of mind regarding the outlook.
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GRANT county people are still wondering if the end of these Deming and Silver City bank receiverships will ever come. Let's see; about eight years, isn't it, that this matter has been dragged along?-New Mexican. Not quite so bad as that, although it is probably a longer time than that that the banks were insolvent. They were closed in February, 1892. In November, 1892, a dividend was declared. Shortly after this Receiver Smith died and then Receiver Foster was sent out from Kansas to live off the wreck. Against his protest a dividend was declared in October, 1893. This was before Comptroller Eckles had got used to his new job and had begun using all his time fighting free silver. Since then Receiver Foster has been able to work bis rabbit footon the comptroller and no dividend has been declared. Receiver Poster bas commenced many lawsuits against people who own the bank. but against wost of them a judgment is worth no more than an open account. He night have sold the bank ,building sorge time ago for $16,000, but he did not, and now it would not bring $10,000. There does not Feem to he any hope for the depositors except in the appointment of a new comptroller of the currency. With a man in that office who would
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The Broken Banks. Grant county people are still wondering if the end of those Deming and Silver City bank receiverships will ever come. Let's see; about eight years, isn't it, that this matter has been dragged along?NEW MEXICAN. Not quite so bad as that. The banks failed February 3, 1892, nearly three and a half years ago, and up to the present time the depositors have received just 40 per cent of their deposits at the time of the failure. The last dividend was paid considerably more than a year and a half ago and it is not believed that the prospects for further dividends are very brilliant. The comptroller of the currency assessed the stockholders in the bank here 50 per cent of the amount of stock, but it has turned out that an assessment of 100 per cent would not more than have paid the depositors in full by this time. Quite a number of worthless judgments have been obtained, but it is questionable whether they could be sold for enough to pay the court costs in obtaining them, to say nothing of the attorney's fees. The murmurs of the depositors have reached Washington, but so far they have been productive of no good results. The former president of the two banks is working for his board in the territorial hotel at Santa Fe and this fact is comforting to some of the losers in the banks, but they still have to mourn the loss of their money.-Silver City Eagle.