14537. Wall Street Bank (New York, NY)

Bank Information

Episode Type: Suspension → Reopening
Bank Type: private
Start Date: August 11, 1884
Location: New York, New York (40.714, -74.006)

Metadata

Model: gpt-5-mini
Short Digest: 968cac765d437f25

Response Measures

None

Description

Contemporary articles report the Wall Street Bank (New York) closed/suspended on Aug 11, 1884 due to irregularities/abstraction by its cashier J. P. (John P.) Dickinson. A receiver (C. J. Osborn) was named and directors wound up affairs, but later the bank/receiver resumed payments and the doors were reported opened (late August). Depositors were paid and dividends issued (60% on 1884-09-04/05 and later additional dividends). No clear evidence of a large depositor run; closure was caused by cashier malfeasance (bank-specific adverse information). OCR errors in names/dates corrected where obvious (e.g., J. P. Dickinson; C. J. Osborn).

Events (6)

1. August 11, 1884 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Irregularities/abstraction by cashier J. P. Dickinson; estimated shortage about $200,000 and bad loans on insufficient collateral; directors decided to close pending investigation.
Newspaper Excerpt: The Wall Street bank closed its doors this morning, owing to the irregularities of its cashier.
Source: newspapers

2. August 12, 1884 Receivership

Newspaper Excerpt: C. J. Osborn has been agreed upon as the receiver of the Wall Street Bank; directors decided to wind up the business and a receiver will be appointed.
Source: newspapers

3. August 13, 1884 Other

Newspaper Excerpt: The directors of the bank have decided to wind up the affairs of the institution, and a receiver will be appointed. Depositors will not lose; stockholders partly protected.
Source: newspapers

4. August 25, 1884 Reopening

Newspaper Excerpt: The Wall Street Bank, New York, opened its doors Monday for business.
Source: newspapers

5. September 4, 1884 Other

Newspaper Excerpt: Receiver Osborn ... began payment to depositors of a 60 per cent dividend.
Source: newspapers

6. December 3, 1884 Other

Newspaper Excerpt: The receiver of the Wall Street (N. Y.) Bank, yesterday, was authorized by the Supreme Court to pay a further dividend of 10 per cent.
Source: newspapers

Newspaper Articles (24)

1. October 25, 1883 The Bolivar Bulletin Bolivar, TN

Article from The Bolivar Bulletin, October 25, 1883

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PERSONAL AND GENERAL. IRVING BISHOP, the mind reader, broke down completely in Dublin recently and has congestion of the brain. HYAMS BROS., wholesale clothiers, New York and San Francisco, have susspended. Liabilities, $250,000. THE St. Petersburg hotel-keepers are under instructions to strictly watch the movements.of foreign guests. DRESS GOODS, valued at several thousand dollars, consigned to the Misses Partridge, New York, were seized on the 15th by the New York customs authorities. THE top of a Grand Trunk locomotive blew off at Yarmouth, Me., on the 15th. It weighed a ton and landed a quarter of mile away. A FIERCE gale is reported on the English coast. Among the vessels ashore are two of Her Majesty's training ships. THE Egyptian cholera investigation develops the fact that the disease is propagated by thread-like micro-organisms. THE new Spanish Minister of War does not expect to displace any Generals, but vacancies will be filled by friends of Marshal Serrano. FORTY women were killed in a panic caused by a false alarm of fire during service in a Jewish synagogue in Ziwonka, Russia, on the 14th. LINCOLN POST, G. A. R., visiting Richmond, Va., from Newton, N. J., was cordially welcomed on the 16th. LORD CHIEF-JUSTICE COLERIDGE was entertained in Philadelphia on the evening of the 16th by the University of Pennsylvania. THE Pittsburgh Bessemer Steel Works at Homestead, Pa., were sold on the 16th to Cornegie Bros., for $1,200,000. WM. BUTTERMORE, a fireman, was fatally injured at Buffalo on the 16th by an accident on the N. Y., L. E.& W. Railroad. JOHN CHISHOLM, of Newark, N. J., convicted of the murder of his wife, was sentenced on the 16th to be hanged November 22. THE Directors of the Western Union Telegraph Company met in New York on the 16th and re-elected the old board of officers. PROF. A. W. HOFFMAN, of the University of Berlin, was entertained in New York on the evening of the 16th by the American Society of Chemists. TWELVE of the sufferers in a recent railroad accident at Marshall, Tex., have instituted suit against the railroad company for damages. THE first Over and Terminer Grand Jury called in New York since 1877 was ordered in that city on the 16th to investigate frauds on the city Treasury. THE Papal nuncio to France has been instructed to observe s'rict neutrality between the _political parties. WILLIAM P. BRONSON, with his wife and son, of New Haven, Conn., the 16th sentenced to imprisonment for varying terms for causing the death, by neglect, of Carrie E. Gerden. AT Brimsleben, Prussia, 180 persons were reported on the 16th as suffering from trichinosis. Several cases had proved fatal. TROOPS had to be called out to quell a bloody riot between Slavs and Magyars in Upper Hungary. THE remaining coal mines in West ern Pennsylvania, where strikes have been for some time in force, were reopened on the 15th without trouble. SIXTY delegates attended the meeting of the National Telegraph Association in Cincinnati on the 16th. Morris F. Tyler of New Haven was elected President. CARL HENCKEL, a medical student, indicted at Syracuse, N. Y., for bodysnatching, has been arrested in Chicago. THE Band of Oregon pioneers visiting the East called upon President Arthur on the 17th. MOODY and Sankey opened a mission in Cork, Ireland, on the 16th. A mob gathered outside the building and hooted persons who entered. The mob was dispersed by the police. COLONEL SIDNEY D. MAXWELL was re-elected Superintendent of the Cincinnati Chamber of Commerce at its meeting on the 17th. E. COUSELBAUM, a dry goods peddler, was found murdered by the roadside near Albany, N. Y., on the afternoon of the 17th. THE anniversary of the surrender of Burgoyne was celebrated at Schuylerville, N. Y., on the 17th. A PASSENGER and freight train collided on the Rochester & Pittsburgh Road near Scottsville. N. Y. on the 17th. PORTRAIT of Oliver Wendell Holmes and bust of Dr. Bigelow were presented to the Harvard Medical School on the 17th. A REMARKABLE bed of iron ore is reported found in the northern part of Mianesota. It is asserted to be the most valuable on the continent. WM. S. GRAY, a farmer residing near Dover, N.J., attempted to murder his wife on the 17th, and, failing, robbed her of $12. He is still at large. THE Wall Street National Bank went out of existence on the 17th, and the Wall Street Bank took its place in New York the day following with a capital of $500,000. DIETRICH SUTHOFF, a German employed at Havemeyer's Sugar Refinery, at Williamsburgh, N. Y., was caught in the machinery on the 17th and reduced to pulp. FIVE United States vessels under command of Admiral Cooper, anchored off Newburgh, N. Y., on the 17th to participate in the peace centenniel celebration which occurred there on the 18th. THE French-American Claims Commission met in Washington on the 17th, and made an order requiring the submission of briefs on both sides in all cases undisposed of. THE bodies of North Carolina Confederate soldiers, recently exhumed at Arlington, Va., were on the 17th buried with impressive ceremonies at Raleigh* An address was made at the cemetery by Governor Jarvis. AT the meeting of the National Association of Wholesale Druggists in New York on the 17th, W. A. Gelatly, of New York,was elected President; Arthur Peter, of Louisville, Secretary; A. B. Nernoni, of Cincinnati, Treasurer; J. M. Strong, of

2. August 12, 1884 The Wheeling Daily Intelligencer Wheeling, WV

Article from The Wheeling Daily Intelligencer, August 12, 1884

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P LATEST DEVELOPMENTS. The directors of the suspended Wall Street Bank held a long Beseion this afternoon at the bank building, investigating the books and accounts. President Evans said the condition of affairs was very confused and it would be very doubtful if the report of the condition of the bank could be made for several days. The directora refused to asy anything whatever in regard to the discoveries made. All discloeed thus far is that the failure is due to the abstraction by the cashier of collaterale lodged with the bank as security for its call loan.

3. August 12, 1884 Wheeling Register Wheeling, WV

Article from Wheeling Register, August 12, 1884

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CLOSED ITS DOORS. The Wall Street Bank Suspends Business. THE CASHIER AT FAULT That Official Not Guilty of Anything But Carelessnessin the Transaction of Business. NEW YORK, August 11.-The morning Wall Street owing Bank closed its doors this It will reirregularities of its cashier. investigated. to closed until matters are Thomas W. main The President of the bank is P. Dickinson. and cashier John Broad street Evans, is situated at No. 14 and The bank State bank. When its last 1883, annual the is a was issued, September, $500,000; statement Paid up capital, $47,736 figures were: $65,197; undivided profits, states that surplus, President of the bank through The clearances Vice of the bank will The go capital the clearing house to-day. be swept the $200,000 will probably paid in stock of and depositors eventually will be be paid away likely 50 per cent. cashfull. them shortage by It is the end is stated of this to week. be debts. $200,000, The and ier's the bank has $50,000 of bad Examined. F. Simpson and O. J. Osborne, Saturday direc C. of the Wall Street Bank, on examtors and Sunday made a thorough all parnight and decided, in justice to this ties, ination, not to open the institution examination morn- 18 as The result of their call loans, ing. Deposits, $1,250,000; $350,000; $1,100,000; follows: good business paper, Dickinson $185,000. Cashier J. freely P. on insufcash, has been lendirg money too estimated the loss margins, and it is dolficient about two hundred thousand Clearwill be The bank was a debtor at which the has lars. House $28,000 this morning, depositors ing and it is estimated capital been will be paid, paid in full and part of the stock will remain. Paid in Full. Evans, of the Wall Street will Bank, be President afternoon says the depositors 's bank statement this paid in full. In Saturday for $1,504,500 los loans legal and the bank figured $122,000 tenders and all declare the suspension discounts, Bank $50,400 $1,133,300 officers specie, deposits. of the The cash Wall Street due to the irregutarities has not John since Friday night. he was ce ier, at is desk P. Dickinson, who that His excuse been illness. for his absence Saturday being It is not charged fined Dickinson at home by is guilty of any worse scrutinizing irreguthat than carelessness in loans. Several larity offered for entified st:eet firms are F. Timpson Wall the collateral among them closely C. Dickinson with & bank, Chaping & Co., and do not All these declare street is by the of their the Bros. Co., E. failure, S. but the they suspension. momentarily suffer The of ago by estab during 'ganized history expecting two to the years hear bank is regarding peculiar Wall street the It was men, or lishment of with a capital of ing all the old bank agitation stock clearing to do house, the $200,000. succeed clearing organizers proposed scheme fell through suspicion, and for the the street, institution but been the became regarded purely with broker had having weathered its but, bank. come to It be has recent regarded flurry as the it practically asked late storm, for and no safe ac During the at the clearing house, of its officers commodation frequently made boast strength. The Notice. the Following is the notice posted "Owing on to the bank this morning cashier, this of on the part of the not bank will irreguiarities doors remain This closed announcement until matters having was can be investigated. of the bank few collapsed it first became flocked signed. after spread The like fact wildfire, boys known and crowds a to minutes clerks and office after another of coming the the brokers, Mills the above building notice and and one the then, offices of read to dis the sidewalks in groups bank. excitedly down stood the stairs on failure the leading A man, broke wno said he cussing was a depositor in brokers the bank, who were standing and a group to the Mills into in the entrance of For heaven's sake, building gone? what A is the exclaimed the trouble? Is any Don't money know what's cashier trouble, is broker said to answered except here gone that to Dickenson, join Eno and the Henck ley in Canada. A State Bank. The Post says the Mechanics The Wall Banking street it originally but within the last two years and its sociation the National Bank Wall system Street doing adopted tional name was Bank, changed one of to the the objects exchange for business so Na build up stock conviction and to of the recent checks reprimand being In consequence of bank in accordance officers for with overcertifica of the the usual Na. custom, but in violation the tional bank, and has for some law. tion of Wall street bank law the bank abandoned time There been seems to have been members of the clear speculating National with under other the nothing State unusual balances in have its connection debits and even along of $30,000 to $80,000 per at ing run the houses. rate for Its a week or two Year just about Ago. day. the Over-Certification a While August 11 National tem, WASHINGTON, Bank was in the evidence of BYS the Wall Street autumn of 1883, discovered suits commenced bank. The bank then and over-certification in the the of checks against was some the of went Na the officers of liquidation under under tional into voluntary Bank act, and reorganized the New York State laws. West Virginia

4. August 12, 1884 St. Paul Daily Globe Saint Paul, MN

Article from St. Paul Daily Globe, August 12, 1884

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WALL BANK STREET CLOSED. The Wall Bank Doors Closed of Owing Its is But Claimed the Will Pay Bank for Dollar. The Wall Street to owing will and cashier, are investiW. Evans; gated. is The bank cashier, and state the was were: $65, 197; vice The of the bank will to-day. will house be probably The will eventually be It full. that fifty per likely of by the end this to be stated the bad debts. of the Wall street bank, Evans, the in In full. paid the bank figured for and $50,400 discounts, $1,133, 300 the tenders, and and C.J. Wall Osborn, a Timpson street bank, thormade Saturday in ough justice decided, this titution is institution as call loans paper $350,000, has Cashier on freely Dickininsumthe loss will a be bank debtor at of morning, estimated in the and full, of will part remain. The Wall the declare of egularities has not who Cashier at been The night. Friday he was that It not home of any guilty worse of colizing for Wall street lateral Several the with bank, Co., E.S. and All Bros. by the failexpecting of the history two years the agitation stock clearold with bank prothe the organization street, the beIt had institution but weathhaving the ered regarded flurry it at for the asked clearing made officers frequently its of boast The Wall was bank Street ociation, but associate the it the adopted the and was name bank, National to one build being In stock couseof and repriof for the over mand certificain of tion the with usual Wall of the the national bank some time national law. been There to in seems its have been with of the clearing have run debts house. or for at even along just of to the about per $80,000 day. The receive the Wall telegram of its Street doors, but and was there no at the treasury in that the bank waminer in of over certifithe cation officers of laid before of the by the and him reThe result ferred of the teller for indicted of also were Efforts of the other being bank when officion and soon of of the laws Its under York. calls on action the the suspention authorities New that Mr. Aug. YORK, stated J. Mr. Chas. Mille Osborn decided to the money enable sufficient Wall bank to-morrow. of one the Charles Osborn, directors, to 1053 the the states bank cannot exceed of 000, and $500, be to not likely capital will to and not noaitors have in any delay their money getting submit no fifty will why cent not There's at out NEW Aug. of The YORK, directors the Wall held street long bank the bank building, and Presaccounts. of ident affairs was be very would be could tement remade directors in to fused regard All the that in disclosed is far to thus due the abby the straction lodged with call loan. Another of AVERHILL, was felt this Mount

5. August 12, 1884 Wheeling Register Wheeling, WV

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cent. Sterling Exchange, bankers' bills 4821; demand 484}. GOVERNMENTS-Weak. 1001 Threes coupons 1121 Fours and-a-half extended 1193/8 Fours coupons 124 Pacific Sixes of 1895 RAILWAYS-Irregular. STATE SECURITIES-Steady. Srocks-Speculation on the stock exchange opened heavy and depressed on the announcement of the suspension of the Wall Street Bank. In first sales there was a sharp pressure to sell for both accounts and prices soon declined 1 to 2@ per cent. Subsequently a rally of 1 to 1: per cent. took place on official reports that the depositors of the bank would be paid in full, and that there would be something left for the shareholders. Later on there was renewed weakness and many shares touched the lowest point of the day. After 1 p. m. Northern Pacific developed great strength and this was the means of turning the market for the better. The stock was in brisk demand and sold up to 93g. Northwestern rallied to 1001, St. Paul to 834, Lackawana to 1111, Lake Shore to 81, New York Central to 1042 Oregon Trans-Continental to 14, Union Pacific to 431, Western Union to 642, and Missouri Pacific to 491. In final dealings a weaker tone set in and the recovery was partially lost. There was comparatively little excitement, owing to the fact that the Wall Street bank settled its debt balanceat the Clearing House this morning and that the failure is not likely to lead to trouble in other quarters, it being a local matter. Thus the effect of the failure upon the market was partly counteracted. The short interest was heavily increased and there was an unusually brisk demand for leading shares. Compared with Saturday the closing prices are I to 21 per cent lower, except for Missouri Pacific, Reading and Jersey Central, which are 1 to 1] per cent higher. Among the inactive shares, American Cabel rose 11 to 57, Morris and Essex 11 to 1234, and Minneapolis and St. Louis preferred 1 to 31. Transactions, 252,000 shares.

6. August 12, 1884 Fort Worth Daily Gazette Fort Worth, TX

Article from Fort Worth Daily Gazette, August 12, 1884

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THE BUSINESS WORLD. A Flutter Caused by the Suspension of the Wall Street National Bank. Irregularities of the Cashier, J. P. Diokinson, Assigned as the Cause. A Meeting of the Directors, Concerning Which Nothing Can Be Learned --Rumors. THE WALL STREET BANK CLOSED. NEW YORK, Aug. 11.-The Wall Street bank closed its doors this morning, owing to the irregularities of its cashier. The bank will remain closed until all matters can be investigrted. The president is Thomas W. Evans; cashier, J. P. Dickinson. The bank issituated at 15 Broadway street. The cashier's shortage is stated to be $200,000, and the bank has $50,000 worth of bad debts and is a state bank. When the last annual statement was issued in September, 1888, the figures were: Paid up capital, $500,000; surplus, $65,197; united profit, $47,736. Kerkan's agency reports that the vicepresident states that the clearances of the bank will go through the clearing-house to-day. Depositors will eventually be paid in full. It is likely that 50 per cent. will be paid them by the end of the week. THE HISTORY OF THE BANK. NEW YORK, Aug. 11. -The Wall Street bank officers declare that the suspension is due to irregularities of the cashier, Jno. P. Dickinson, who has not been at his desk since Friday night. The excuse for his absence Saturday Was that he was confined to his home by illness. It is not charged that Dickinson 14 guilty of any worse irregularity than carelessness in scrutinizing the collateral offered for loans. Several Wall street firms are closely identified with the bank. them F. C. Among Timpson & Co., E. S. Chapin & Co., and Dickinsen Bros. All these declare that they will not suffer by the failure, but the street is momentarily expecting to hear of some suspension. The history of the bank is peculiar. It was organized two years ago by Wall street men during the agitation regarding the establishment of the stock clearing house, succeeding an old bank with 16 capital stock of $200,000. The organizers proposed to do the clearing for the street, but the scheme fell through and the institution became purely a broke rs bank. It has been regarded with suspicion, but having weathered the late storm it had come to be regarded practically safe, During the recent flurry it asked for no accommodation at the clearing house and its officers frequently made a boast of its strength. CARELESSNESS OF THE CASHIER. NEW YORK, Aug. 11.-C. J. Osborne and the directors of the Wall Street bank Saturday night and Sunday made a thorough examination to and decided in justice all parties not to open the institution this morning. The result of their examination is as follows: Deposits, $1,250,000; call loans, $1,100,000; good business paper, $350.0 cash, $185,000. Cashier J. P. Dickinson has been lending money too freely on insufficient margin. It is estimated that the loss will be about $200,000. The bank was debtor at the clearing house to the extent of $28,000 this morning, which has been paid. It is estimated that depositors will be paid in full, and that part of the capital stock will remain. WHAT THE POST SAYS. NEW YORK, Aug. 11.-The Post says The Wall Street bank was originally a mechanic's banking association, but within the last two weeks it adopted the national bank system, and the name was changed to the Wall Street National bank, one of the objects being to build up a stock exchange business. In consequence of the recent conviction and reprimand of bank officers for over-certification of checks in their accounts with the usual Wall street custom, but in violation of the national bank law, the bankabandoned the national bank system and has for some time been in speculation under the state law. There seems to be nothing unusual in its connections with theother members of the clearing house. Its debts and balances have run along for a week or two just about even at the rate of from $30,000 to $80,000 per day. THE COMPTROLLER INFORMED. ASHINGTON, Aug. 11.-The comptroller of the currency received a telegram to-day informing him that the Wall street bank of New York had closed its doors, but that all its clearings were paid, and that there was no excitement. It is learned at the treasury department that in September, 1883, the bank examiner in New York found evidence of an over certification of of ohecks on the part an officer of the bank. The evidence was laid before the secretary of the treasury and by him referred to the attorney-general. The result was that the teller of the bank was indicted for a violation of the bank law. Efforts were also being made to Indict other officers of the bank when the bank went into voluntary liquidation and soon after was reorganized under the laws of the state of New York. Its suspension, there fore, calls for no action on the part of the national authorities. FUNDS FURNISHED. NEW YORK, Aug. 11.-It is stated that Mr. D. O. Mills and Mr. Charles J. Osborne have decided to advance sufficient money to enable the Wall Street bank to resume to-morrow. Charles J. Osborne is one of the directors and states that the loes to the bank cannot exceed the capital of $500,000 and that it is not likely to be so great and that depositors will not have to submit to any delay in getting their money. There is no reason why 50 per cent. cannot be paid out at once.

7. August 13, 1884 Savannah Morning News Savannah, GA

Article from Savannah Morning News, August 13, 1884

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WALL STREET'S FLURRY. WILD RUMORS HATCHED FROM THE BANK FAILURE. No Other Houses Dragged Down, However, by Cashier Dickenson's Crookedness-His Capture Not Yet Compassed-Other Firms Who Have Sunk Beneath the Waves of Adversity. NEW YORK, Aug. 12.-Kiernan's agency says: "At the close of business yesterday the bears were circulating a report that two banking houses were in trouble, and that the street would be further informed before the opening of to-day's market, The strictest investigation fails to corroborate these bear reports, and the best informed financiers and bank Presidents treat these statements as canards. Commission houses. report that a few orders to buy, received by mail yesterday, were countermanded by wire, wherever the disturbance caused by the bank suspension was known. The losses, if any, by the depositors in the Wall Street Bank will not be heavy. Most of the accounts were 'extra,' and in few cases exceeded $25,000." President Evans of the Wall Street Bank said this morning that additional investigation since yesterday satisfles him and the directors that the amount of the loss will fall short of the capital of the bank and that depositors will be speedily paid in full. The directors of the bank have decided to wind up the affairs of the institution, and a receiver will be appointed. Notice was posted at the bank this morning announcing that all checks of Ogden & Co. would be paid on presentation at the First National Bank. A rumor was current at the opening of business that absent Cashier Dickinson had been arrested, but it proved to be unfounded. It is now asserted on good authority that Dickinson had been using the bank funds for private ventures in grain and stocks. His margins, however, were small. He averted suspicion or comment by putting small sums to his credit in a larger number of offices. It is thought that his latest purchases when closed out will show a profit as the market advanced after they were made. WIRE AND IRON WORKS FAIL. CHICAGO, Aug. 12.-The Chicago Wire and Iron Works, a branch of E. T. Barnum's wire and iron works of Detroit, which failed last month, were seized today in favor of Graham, Emlen & Pas more, of Philadelphia. The Detroit assignment had not been recorded in this State. The assets of this branch are about $40,000. AN ADVERTISING AGENT FAILS. Nelson Sheffield, an advertising agent at Nos. 13 and 15 Park Row, filed an assignment to-day to George Hunn, giving preferences amounting to $12,750. JUDGMENTS FOR $60,000. PITTSBURG, PA., Aug. 12.-Judgments aggregating $60,000 were entered to-day against Robert M. Kennedy, of the Pennsylvania Bank, one of the parties charged with complicity in the bank frauds.

8. August 13, 1884 Evening Star Washington, DC

Article from Evening Star, August 13, 1884

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The Wall Street Bank Failure. THE DEPOSITORS WILL NOT LOSE. NEW YORK, August Kiernan's agency says: The bank examiner and other officials of the Wall Street bank Say that there are no new facts this morning. The bookkeepers have not got to work yet, bat there is every reason to suppose that the early reports concerning the bank's losses are correci. Depositors will lose nothing, and stockholders will be partly protected. There will be a meeting of directors some time to-day, and probably a statement will be issued. The only business to be transacted at to-day's clearing house meeting will be to ratity the suspension from the association of the Wall Street bank, as recommended by their committee on the 11th instant. DICKINSON IN CANADA. President Evans, or the Wall street bank, said this morning that the state bank examiners were still busy at work endeavoring to sum up the amount of loss the bank had sustained. Some of the statements published in regard to the amount lost by Dickinson, and the manner in which he lost it, Mr. Evans said, were True, and others were not. He said also that from what he had seen in the newspapers there was no doubt but that DickinSOB was now in Canada. All excitement in regard to the suspending of the bank has now died out, and the doors leading to it are deserted. RECEIVER APPOINTED C. J. Osborn has been agreed upon as the receiver of the Wall Street Bank.

9. August 13, 1884 Wheeling Register Wheeling, WV

Article from Wheeling Register, August 13, 1884

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STATE SECURITIES-Dull. STOCKS-Speculation on the stock exchange was quiet and strong. The fact that there were no failures on account of the suspension of the Wall Street Bank, as predicted by the bears, had much to do with the strength of the market. Favorable news from the West concerning crops and movements in new grains also induced purchses for long account. At the opening a majority of the active shares were higher, but before first call a reaction set in and the improvement was partially lost. Subsequently Western orders to buy made their appearance and there was an advance of ½ to 2½ per cent, the latter in Lackawanna, which sold up to 113⅜. Northwestern rose from 99¼ to 100⅜, St. Paul 83¾ to 84½, Lake Shore from 79¾ to 81¼. Missouri Pacific from 93¼ to 94, New York Central from 104 to 105, Northern. Pacific preferred from 50¼ to 51¼, Reading from 43¼ to 44½, and Western Union from 63⅜ to 65⅝. Near 2 p. m. a moderate selling movement set in and there was a decline of ⅜ to 2¼; Lackawanna, Northwestern, Missouri Pacific and New York Central became most prominent in the downward movement. In the final transactions there was a fractional recovery. The market was very quiet, sales being only 204,127 shares, the smallest total for some weeks past. There was little if any excitement and the tameness of speculation was the subject of much comment in the face of yesterday's bank failure. Compared with last night the closing prices are ½ to 1¼ per cent. higher, except for Jersey Central, which is ¾ per cent. lower Among the active shares, American Cable rose 2½ to 59½ on orders to buy for foreign account. Illinois Central advanced 1 to 130. Transactions 204,000 shares.

10. August 13, 1884 Fort Worth Daily Gazette Fort Worth, TX

Article from Fort Worth Daily Gazette, August 13, 1884

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RECEIVER. NEW YORK, Aug. 12.-The directors of the Wall Street bank have decided to wind up the business and a receiver will be appointed.

11. August 14, 1884 Daily Kennebec Journal Augusta, ME

Article from Daily Kennebec Journal, August 14, 1884

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ALL STREET BANK. The Directors Express a Hope of Being Able to Liquidate Without the Appointment of a Receiver. NEW YORK, Aug. 13. The Clearing House Association will meet today to ratify the action of the sub-committee which suspended Wall Street Ban! from the association. The bank examiners and the officials of the bank say that no new facts have been reached. Assurances are reiterated that the depositors will lose nothing and that the stockholders will be partially protected. The directors are expected to make a formal statement of the condition of affairs, today. All outstanding loans of the bank were called in this morning and $200,000 had been collected up to noon. The directors now express a hope, not shared elsewhere, of being able to liquidate without the appointment of a receiver. A late announcement is to the effect that the directors hope to pay the depositors 50 per cent. by Saturday and 25 per cent. more next week.

12. August 15, 1884 The Daily Enterprise Livingston, MT

Article from The Daily Enterprise, August 15, 1884

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# THE LATEST NEWS. A million and a quarter of gold arrived in New York from England on Wednesday. The Duke of Wellington dropped dead at Brighton, England, while entering the train. It is reported that pleuro-pneumonia has broken out in a herd of cattle near Chicago. About 700 delegates are attending the convention of the Irish National League in Boston. There were 40 deaths of cholera in two days at Les Omergues, a hamlet in the department of Basses, Alps, France. Dickinson, the cashier of the insolvent Wall Street bank, has escaped to Canada. C. J. Osborn has been appointed receiver. Persons claiming relationship to Private Henry of the Greely expedition want his body exhumed to see if he was eaten after being shot. Texas fever has appeared in Pottowattamie, Morris, Wilson, and Johnson counties, Kansas, making eight places in all in the state where the disease exists. The American Bankers' association met on Wednesday at Chicago in annual convention. Their chief work seems to have been to make speeches and pass resolutions condemning the coinage of standard silver dollars. The striking workmen in Chicago followed and attacked a party of non-union men as the latter quit work. The strikers fired rocks at the others and a few pistol shots The non union men then turned and fired a volley which killed one of the strikers instantly. The German Admiralty has authorized German fishermen in the North sea to use firearms should the English fishermen molest them. The coast guard flotilla is directed to keep a special watch over the English boats invading the German fisheries and seize them and bring their crews before the proper tribunal At Iowa City, Iowa, on the night of the 13th, a gang of roughs, partly from the town and partly from the outside, maddened with drink and incensed by the trial of two brewers for violating the prohibition law, attacked W. H. Bayley, the prosecuting lawyer, tarred him, nearly killed the prosecuting witness, Swafford, and held high riot in the streets through the evening, the police and the sheriff being powerless to oppose them. A special from Portsmouth, N. H., says: Early this morning Col. Kent obtained an interview with Greely, who admitted he had Henry shot. The military execution took place on the 6th of June. As early as March it was suspected that Henry was stealing the limited food which was apportioned out to the survivors, and this fact being finally and positively ascertained, Lieut. Greely had thereafter hard work to protect the man's life. It became necessary in order to keep up discipline to inform Henry that he would be shot if the practice was continued, and that a similar fate would be meted out to any other member of the the party detected in a like crime. If Henry had been permitted to continue his stealing unmolested, the balance of the party would surely have starved to death and Henry alone survived. After, and in spite of these warnings, Henry was again detected stealing provisions, among the food taken being two pounds of bacon, the eating of so much of which made him sick, and search was then instituted. When found, Henry had, among other articles, stolen and secreted a pair of seal skin boots which had belonged to a hunter of the party. Lieut. Greely was therefore forced, to preserve military discipline and protect the lives of his other comrades, to issue a written order that Henry be shot, which order was carried into effect June 6th. As to the alleged cannibalism, Greely says if there was anything of the kind it must have been an individual act and not general. Nothing of the kind, however, came under his personal observation. Sergt. Brainerd con- i P I 1 e t

13. August 15, 1884 The New North-West Deer Lodge, MT

Article from The New North-West, August 15, 1884

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THE Wall Street Bank suspended Monday. The cashier got rid of some $200,000 of the banks money by lending it to stock operators on insufficient margins. It is stated D. O. Mills and Chas. J. Osborne decided to advance sufficient money to enable the bank to resume, and depositors will be able to get their money. The examination showed the following: Deposits, $1,250,000; call loans, $1,100,000; good paper, $350,000; cash, $185,000.

14. August 15, 1884 Burlington Weekly Free Press Burlington, VT

Article from Burlington Weekly Free Press, August 15, 1884

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THE WALL STREET BANK FAILS. Its Suspension Caused by the Irregularities of the Cashier, John P. Dickenson-Depositors will be Paid in Full. NEW YORK. Aug. 11.-The Wall Street bank has closed its doors, owing to irreguarities of the cashier. The bank will remain closed until mattersare investigated. The president is Thomas W. Evans, and the cashier John P. Dickinson. It is a State bank. When the last annual statement was issued in September, 1883. it had capital of $500.000 a surplus of $65,000. and undivided profits amounting to 847.The capital stock will probably be swept away. The depositors will eventually be paid in full. Fifty per cent will be paid them by the end of this week. It is stated the cashier's shortage amounts to $200,000, and that the bank has $50,000 in bad debts. Soon after the announcement of the suspension a great crowd gathered around the bank, but nobody was able to inside. Policemen had to be placed on guard. The last statement published showed the bank to have a surplus of $100,000. with deposits of $1,000,000. It was originally called the Mechanics Banking association and was founded in 1838. It is what is known as a broker's bank. its chief transactions being loaning money on stocks. The effect of the suspension on the New York stock market was small. and at a late hour prices were on the advance. Henry Clews said that Chas J. Osborn, who is worth several million dollars, and a director in the Wall street bank. had expressed a willingness to help the bank in its present emergency. A rumor prevailed that the deficiency would reach $250,000, and Dickinson had been in the habit of charging on the books for larger loans than he actually made. and pocketing the difference. The latter. however, did not receive general credence. .T. P. Dickinson is 38 years old and is a son-inlaw of Chas. F. Simpson. vice-president of the Wall street bank. The bank has been regarded as shaky for some time past and depositors had been withdrawing their accounts from it. At theclearing house the bank had liquidatedall itsdebts and its accounts were even. Rumors of the failureof other firms closely connected with the bank could not be verified. The directors of the Wall Street bank held a long session this afternoon for the investigating of the books and accounts. President Evans said its affairs were found to be in a most disordered condition. and it would be very doubtful if a report or statement could be made for several days. All the directors were reticent and refused to say anything whatever in regard to discoveries they had made. The executive committee of the clearing house met this afternoon and formally declared the bank's suspension. The amount of the bank's indébtedness at the clearing house this morning was $28,000 which was paid. Bank Superintendent Paine has made a report of thecondition of the bank. in which he savs, since 1865 it has been regarded as a broken bank' Other Business Troubles. Resin A. Wight this afternoon filed his assignment giving a preference of $127,to Elizabeth S. Kelley for moneys received from and for stocks and securities belonging to her, and loaned to him, upon which as collateral he had borrowed sums of money, now outstanding. Receiver Lamb of the Harrison bank of Indianapolis, Ind., filed a partial report this morning. He finds as assets $138,000 of which $31,000 is available. The liabilities will exceed $500,000. ANOTHER DEMOCRATIC LIE NAILED. Gen. A. M. West will by no Means Support Cleveland. NEW YORK, Aug. 11.-The following telegrams passed to-day between the seeretary of the National committee of the National party and the party's candidate for the Vice-Presidency: NEW YORK, Aug. 11. Gen. A. M. West, Holy Springs, Miss. The managers of the National Democratic headquarters are claiming they have advices from you to the effect that you will support Cleveland. Nail the lie. B. W. TERLINDE. (Signed) Mr. West's reply was as follows: HOLLY SPRINGS, Miss., Aug. 11. B. W. Terlinde, New York The claim false. I have had no correspondence whatever with the Democratic headquar-

15. August 15, 1884 The Times Owosso, MI

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strikers who left the roundry four months ago. At noon, Monday, one of the new workmen was attacked and left insensible in the street by a party of twenty persons. After further troubles, the firm took out permits for their employes to carry revolvers. It is probable that the window-glass factoriesat Pittsburg, Pa., will extend the usual period of suspension (two months) this year. They had agreed to open the 1st of September, but prices are so low that it is deemed advisable not to begin operations until the middle of September or the 1st of October. The tableware factories will resume Monday and the bottle factories September 1. In the county court at Chicago, a handsome young woman named Fannie M. Parmarton was examined to determine if she be of sound mind. The complainant was her father, a retired dry goods merchant of Louisville, named Mather, who alleged that she was engaged to a Palmer house porter for third husband. The defendent claimed to be the victim of a conspiricy formed to keep her from receiving a share of her mother's estate. Republican congressional nominations Thursday included Col. D. B. Henderson for the Third Iowa district, General Charles E. Brown in the Second Ohio, Major John O. Cravens in the Fourth Ohio, Hon. Benjamin Butterworth in the First Ohio, and W. H. Weller in the Fifth South Carolina. The democrats placed in the field Hon. C. E. Bayle in the Twenty-first Pennsylvania district, C. M. Anderson in the Fourth Ohio, and J. Randolph Tucker in the Tenth Virginia. Five thousand veterans of the union and confederate armies are encamped at Dallas, Texas. A special train was tendered to Jefferson Davis, who contented himself with a lengthy letter, his wife accompanying it with a statement that the physical condition of the ex-president prevented him from meeting his former comrades. Mr. Davis complains that the veterans of the war with Mexico have been the subject of special discrimination. The Wall Street bank of New York kept its doors closed Monday, on account of the loss of $200,000 or more through loanso insufficient collaterals, for which Cashier Dickinson is blamed. It recently stepped out of the national bank system. The teller has for some time been under indictment for the overcertification of checks. The concern holds ,250,000 in deposits. It is 'f Charles pure Wills 'O '(I that pies Osborn have advanced sufficient money to enable the bank to resume business. The funeral of Lieut. Kislingbury, Sunday, at Rochester, N. Y., of Greely fame, was very impressive. There was an immense procession of military and civic organizations to Mount Hope cemetery. The funeral of Sergt. David Lynn, of the 2d United States cavalry and a member of the Greely aretic exploring expedition, took place Sunday afternoon from the residence of his mother at Philadelphia. After the services in the house the body was taken to Mount Moriah cemetery, where the interment took place. The services at the cemetery comprised simply a prayer and a military salute. Many posts of the Grand Army of the Republic accompanied the body to the cemetery. The announcement that the immense iron works of Brown, Bonnell & Co., at Youngstown, Ohio, would resume work, double turn, on Monday, caused great satisfaction. A steady run of three months is already assured, and there is every prospect of a permanency. The starting of the mills gave color to the rumor that Herbert Ayer will reassume control. Ayer is now in London. Before leaving for Europe he transferred his interest here to Henry Crawford, his attorney. The hearing of the suit to dissolve the corporation of Brown, Bonnell & Co., comes up next week, and a bitter and longcontinued legal battle is certain. Paul Wick, a banker, and one of the leading creditors, said: Ayer cannot regain control of the Brown, Bonnell & Co, works except by lifting indebtedness of over $1,000,000. This I am certain he is in no position to do. A severe shock of earthquake was felt along the Atlantic coast Sunday, a little after 2 p. m., extending from Philadelphia to Portland, Me., and as far inland as Cleveland. The shock lasted about ten seconds and caused very serious alarm, particularly in New York City. No serious damage was done, though houses were badly shaken and some ceilings were cracked. The people in the tenement-house districts were almost frightened out of their wits, children screamed, women fainted, and prayers and imprecations were mingled. Before the shock heavy, dark rain-clouds appeared in the sky, and there was a rush of wind such as usually precedes a heavy rainfall. It was some hours before the people got over their fright. Many nervous persons were prostrated by the occurrance. A second shock was felt at several places. On Monday another shock of earthquake was felt in the villages along the south side of Long Island. It was not as heavy as that of Sunday. The court house at Far Rockaway shook for several seconds. Crockery on the hotel tables rattled, and some fell over. The shock was felt about 12:30. A few minutes later the big hotel on Rockaway beach was shaken,

16. August 21, 1884 The Austin Weekly Statesman Austin, TX

Article from The Austin Weekly Statesman, August 21, 1884

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BANK FAILURE. NEW YORK, August 11.-A Wall eet bank closed its doors this mornowing to irregularities of its ; hier. It will remain closed until matters are investigated, The sident is Thomas W. Evans; cash: John P. Dickinson. The bank is is uated at No. 15 Broad street, and tate bank. When the last annual tement was issued, Septemb Γ 1, 4. the figures were: Paid up cap1, $500,000; surplus, $65,197; undied profits, $47,736. Kiernan's agency reports the vice- e sident states the clearances of t k will go through the clearing ise to-day. The capital stock, 0,000, will probably be swept away. positors will eventually be paid in be It is likely fifty per cent will d them by the end of this week. he cashier's shortage is stated to $200,000, and the bank has $50,000 debts. . J. Osborne, director of the Wall et bank, Saturday night and Sunmade a thorough examination, decided, in justice to all parties, to open the institution this mornThe result of the examination $ as follows: Deposits, $125,000; loans, $110,000; good bankable $350,000; cash, $185,000. been The er, hier, J. D. Dickerson, has ling money too freely on insufli- loss it margin. The estimated be about $200,000. The bank for was ebtor at the clearing house 000 this morning, which has been will It is estimated depositors i. aid in full and part of the capital officers k will remain. The are the suspension due to irreguies of the cashier, John P. Dickerwho has not been at his for desk e Friday night. The excuse absence Saturday, being he was ined to his home by illness. It is charged that Dickerson is care- guilty worse irregularity than ny ess in scrutinizing collateral red for loans. veral street firms have closed were identified with the E. bank: them C. F. Timpson & Co., Bros ng hapin & Co. and Dickinson will of them declare they a suffer by the failure, 0 the street is nominally expecting 0 ear of this suspension. e history of the two bank is years ago peculiar. by as street men, organized during the of agitation a 1 rding the establishment an clearing-house, suceeeding S s ank, with a capital of $200,000. organizers proposed to do fell clearing T the street, but the scheme t ugh and the institution been became e ly a brokers bank. It had \ rded with suspicion, but having t hered the late storm, had Dur- come Z ) regarded practically safe. no te the recent flurry, it asked for II mmodation at the clearing-house, in its officers frequently made a n t of its strength. f EW YORK, August 11.,-The Post V the bank was originally a clearc and banking association, but p in the last two weeks it adopted to national bank system, and the S1 was changed to the Wall in Street to e onal bank. One of the objects ging being to build up the stock of h business. In cosequence L ange ecent conviction and reprimand W e bank's officers for over the certificaer of checks, in accordance with vio1 Wall street customs, but in fo n of the national bank law, the en abandoned the national banking er and has, for some time, been fir m, alating under the state in lew. a seems to be nothing unusual of th e onnection with other matters ti learing house; its debts and balB 3 have run along for a week or of SI just about even, at the rate th $30,000 to $80,000 per day. CO AUSES OF THE SUSPENSION. W 0 directors of the suspended Wall t e bank held a long session this ing at the bank building, investibanks and accounts. President Sp is g said the and it condition was of doubt- affairs al : very confused statement could be made for bi al any days. The directors refused to to S anything whatever in regard has al discoveries made. All that L disclosed thus far, is that the N is due to abstractions, by the the an re er, of collaterals lodged with L , as securities for its call loans. J RECEIVER LAMB'S REPORT. ta DIANAPOLIS, August 11. Rech Lamb, 01 the late Harrison's fr r filed a partial report this mornat , and finds the assets to be $138,000, and h hich $31,000 are available, not se if no offsets. He has fo only luded the schedule exceed of $500,000. liabilities,

17. August 26, 1884 New-York Tribune New York, NY

Article from New-York Tribune, August 26, 1884

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W. J. U HIS EFFORTS TO SATISFY CREDITORS. WHAT FOLLOWED THE FAILURE OF THE WALL STREET BANK-COMPELLED TO MAKE GOOD A DEFICIENCY. William J. Hutchinson was expelled from the Stock Exchange two years ago for alleged fraud in his dealings with his principal customer, John R. Duff, of Boston, who had engineered a "corner in Hannibal and St. Joseph common stock through the stock-brokerage firm of Kennedy, Hutchinson Co. Mr. Hutchinson was the real head of the house. After his expulsion little was heard of him in Wall Street until the recent failure of the Wall Street Bank, of which he was a director. He had began an action in the courts for reinstatement in the Exchange, and it was known also that he was at times a heavy speculator in stocks. Immediately after the failure of the bank rumors about his liabilities to it recalled attention to him. It has been reported recently that he was the real cause of the failure. and had improperly acquired a large amount of securities belonging to the bank. Last week Mr. Hutchinson went to the White Mountains, but he returned to New-York with his family on Sunday night. He was at the Wall Street Bank yesterday, and for a long time was in consultation with several of his associate directors and with friends who called there to see him. His family went to his country house Seabright. N. J.It understood that before he went to the White Mountains Mr. Hitchinson paid the greater part of his indebtedness to the bank. He still owes a personal loan of something less than $10,000 and a gaarantor on two loans of $20,000 each. which partly secured. The amount which he haspaid the bank since its failure is stated at about $125,000. The bank held little security for this sum, which is reported to have been obtained from him by threats of legal proceedings. MR. OSBORN'S PLAIN TALK WITH HIM. About his relations with the bank Wall Street has been full of rumors. It is known that on the day of the failure Charles J. Oshorn, " he has taken a prominent part in the exemination of its affairs. sent for Mr. Hutchinson and told him plainly that if he would escape grace he must repay the bank a substantial part of sloans without delay. Mr. Hutchinson obtained some $52,000 from John D. Slayback, of John Bloodgood & Co., on pledge of doubtful securities, $10,000 to $15,000 from J. B. Cornell, with whom he has long been intimate. He was thus enabled to pay the bank over $60,000 on the day that the demand was made by Mr. Osbern. Since that time he has restored about more. The bank officers have persistently declined to speak about Mr. Hutchinson or to say at any time to what amount he was indebted to the bank. EXHAUSTING HIS PERSONAL RESOURCES The failure has revealed the fact that Mr. Hutebinson was financially embarrassed personally. To pay the bank and other creditors, he has used his utmost resources without being able to satisfy all the claims against him. It is estimated by persons who suppose that they familiar with his affairs that will require at least $200,000 more to pay his unsecured debts Strenuous efforts are now being made by him and some of friends to induce his wife to relieve his embarrassment by disposing of the real estate which he conveyed to her in his prosperous days. It is understood that J. B. Cornell and General Clinton B. Fisk accompanied him to Seabright yesterday afternoon with the express purpose of urging Mrs. Hutchinson to take this course, The prospects of the success of the expedition were regarded as doubtful in Wall Street. The real estate consists of the house No. 4 West Fifty-eighth-st.. built by Mr. Hu chinson at a cost of over $500,000. and the country place at Seabright, which is said to be worth about $100,000. Both houses stand in Mrs. Hutchinson's name and free from incumbrances. Enough could be 10alized from them undoubtedly to discharge the husband's debts, and at the same time to afford an adequate income for the support of the family. exextent of indebtedness is known, however, only to Mr. Hutchinson. for his present embarrassment was a complete surprise to all his friends. TWO MILLIONS LOST IN TWO YEARS. After paying John R. Duff $500,000 in settlement of all claims, Mr. Hutchinson was supposed to be worth about two million dollars, In two years apparently he has lost his fortune in stock speculation. The cost of maintaining his city and country houses in proper style was extremely large. Some of his most intimate friends have been surprised by recent developments. In addition to his accounts with F. Timpson & Co. and George K. Sistare's Sons, it has been ascertained that he kept standing accounts with several other brokerage houses The debts to them were made known only by the failure of the Wall Street Bank and the rumors which were started by it. because each firm supposed that, aside from the principal accounts, it was the only favored one. Recently the rumors tha Mr. Hatchinson had left the country started a comparison of notes, which resulted in the discovery that had been speculating heavil in several offices. Whether his fe's property will be sufficient to meet all his obligations is not yet certainly known. but 80 far as he has confessed them to his friends it is supposed that a handsome competency will still be left when his debts have been paid. RESTORATION TO GEORGE K. SISTARE'S SONS. The largest creditors, now that the bulk of the debt to the bank has been discharged, are George K.Sistare's Sons. Nos. 16 and 18 Broad-st. Mrs. Hutchinson and the wife of the senior member of the firm are cousins, and on account of this connection the firm allowed unusual accommodation to Mr. Hutchinson. His account was never scrutinized closely, and when he asked a loan he was not denied up to the time of the bank failure. It is well understood in Wall Street that Mr.Hutchinson owes the firm a large that 18 wholly unsecured. Among the rumors which have recently been circulated is one that Mr. Hutchinson took from a loan made at the bank by the firm large amount of securities which he converted tohispersonal use. This rumor and other alleged peculiarities in his relations with the bank are understood to be the influences used by some of the directors in compelling the payment of Mr. Hutchinson's loans, The value of the securities said to have been taken has been restored 10 Sistare's Sons. but the other large indebtedness has not been paid. A SUSPICION OF HYDROPHOBIA. FBY TELEGRAPH TO THE TRIBUNE

18. August 26, 1884 Richmond Daily Palladium Richmond, IN

Article from Richmond Daily Palladium, August 26, 1884

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TELEGRAPHIC BREVITIES. The Wall Street Bank, New York, opened its doors Monday for business. The secretary of the treasury has called $10,000,000 of the three per cent. bonds. Lander Bros., bankers, Philadelphia, assigned, with liabilities estimated at $150,000. Wm. Roberts, of Utica, N. Y., fatally shot Jennie Tracy, because she refused to marry him. Sheriff McKee, of Caldwell, O., was assaulted by a prisoner in the jail, who attempted to murder him. Two young children of Judge Davidson, of Clveland, 0., were drowned near Dennison, 0,, while boating. Catharine Lindeman, of Cincinnati, aged five, fell into a bucket of scalding water and was scalded to death. At Fall Creek, Pa., a burglar beat and fatally wounded three persons and killed another. He got $460 in money. The family of Morris Cretors, of Xenia, 0., were poisoned, but not fatally, by chewing the leaves of the calla lily. The Republicans and independent Democrats of Florida have entered into a fusion that will insure a full vote and a fair count. There is a prospect of a fusion of Republicans and Independent Democrats in Missouri, that will result in the defeat of the Bourbon tieket. William Morris, head teacher of the

19. August 28, 1884 The Bolivar Bulletin Bolivar, TN

Article from The Bolivar Bulletin, August 28, 1884

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NEWS IN BRIEF Compiled from Various Sources. PERSONAL AND POLITICAL GENERAL MEJIA and others engaged In the Mexican conspiracy were shot. THE London papers think that Mme. Patti will fail to gain a divorce from the Marquis de Caux. HON. THOS. A. HENDRICKS has returned to Indianapolis, and is preparing a speech, which he will soon deliver. THE President arrived in New York on the 18th. THE President of the Egyptian Legisla tive Council, Sultan Pasha. died on the 18th. JOHN KING, Jr., has accepted the Presi dency of the Erie Railway Hud (Miss ON the 18th Mary Clemmer son), the well-known authoress and writer, of W ashington, D. C., died in that city. Iris stated that William H. Vanderbilt has sold the famous trotter, Maud S., to Robert Bonner, of New York. DICKSON, absconding cashier of the Wall Street Bank, is reported to have taken refuge in Canada, where he will join John C. Eno. BLAINE accepted an invitation to attend the celebration of the birth of the Republican party at Me. THE letter of General Butler accepting thelformination from several parties a candidate for the Presidency is published. The General hits the old parties some hard raps, JAMES GORDON BENNETT gave mag nificent reception and lunch to party friends on his yacht at Newport on the 18th. The affair was informal and unconventional, but as grand as money could provide. ATTORNEY BREWSTER says the reports about and showy manner in which he is living at Long Branch are base fabrications. He says is there for tranquility. GOVERNOR CLEVELAND'S letter formally accepting the Democratic nomination for President, was given to the public on the 20th. ON the 19th three Abyssinian envoys rived at London with an elephant and large monkey, gifts from King John to Queen Victoria. WM. H. VANDERBILT admits that he has disposed of Maud S., but refuses to the price. Mr. Bonner claims to his check for $40,000 for the animal. ON the 19th the birth of the Republican party was at Strong, Me., by an immense gathering. ROSWELL G. HORR, the funny man from Michigan, has been nominated 'for re-election to Congress ON the 19th the remains of Private Whistler, of the Greely party, were humed at Delphi, Ind. The flesh had all been cu from the body A. D. SLY, alleged to have robbed the American Express Company at St. Joseph, Mo., of $10,500 last September, on was arrested at M inneapolis, Minn., the 19th. VINCENT L. BRADFORD, of Phildelphia, bequeaths his law library and other books as well as his pictures, to the shington and Lee ersity at Lex ington, Va. ON the 19th Archbishop Ryan was met at the depot at Harrisburg, Pa., and wel comed_by a large delegation from Phila delphia. In the latter city he also thusiastically received. PAUL POPULORUM. tanner, Chicago, has assigned,with liabilities of $200,000. THE firm of Warner & Merritt, fruit importers of Camden, N. J., have failed with liabilities of $300,000. HON. FRANK H. HURD, of Ohio, has been nominated for re-election to Congress. ON the 20th the Iowa State Republican Convention met at Das Moines and nominated candidates for the several State offices. CORNWAL of Dublin scandal notoriety at his trial on the 20th, was found not guilty. ON the 20th Archbishop Ryan was installed as the head of the Roman Catholic See of Philadelphia with imposing ceremonies Ir is announced that Patti has signed contract in London with Mapleson to sing in America during the coming winter. A. M. WEST, of Mississippi, candidate for Vice President with Butler, of Massachusetts, formally accepts the HON. THOS. A. H ENDRICKS' letter cepting the the candidate for Vice President, is published It is the briefest on record. THE Repuolican State Conon the ballot, nominated for B. Harrison Henry ON the 20th the Michigan Democratic State Con at Grand Rapids, dorsed six of the Greenback electors their of nominated seven own. THE New Jersey Democratic State vention met at Trenton on the 20th. General McClellan was temporary chairman A great deal of enthusiasm manifested. THE Michigan State Greenback Convention met at Detroit on the 20th, indersed Governor Begole's administration and nominated him for re-election as Governor of State the on of LETTER clerks, written-by Dorman B. Eaton, of the Civil Service Con they are to act as any other citizens, pay or not pay, as they please. JAMESCUNNINGHA and Owen Bradley, Kentucky Penitentiary inmates who dered valuable sistance to the officers during the revolt at the prison recently, have been pardoned by Governor Knott. THE Texas Democratic State Convention nominated Governor John Ireland present incumbent, for by acclams tion, and Barnett Gibbs, of Dallas, for Lieutenant-0 IN letter to the Commissione of In dian Affairs, Indian Agent McG illicuddy of Pine Ridge Agency, says that "Son-ofNowater" cently attempted to take the agent's life. An article in cheap publication saying the Indians had right to kill McGillieuddy caused the Indian to make the attempt. He was arrested and held subject to the order of the Indian O: fice. ON the 21st President Arthur received the officers of the Greely relief expedition in New York. ON the 21st Li Fang Poo, Chinese Minister to France, his passports. THE eminent musician, Prof. A. Mueller Neuhoff, died suddenly at Cleveland, O., on the 21st. ON the 21st Otis Gray Randall, an old Boston broker, arrested on a charge of crookedness. ON the 21st Judge John F. Dillon, of New York, delivered the annual ddress before the American Bar Association, in session Saratoga. at PRESIDENT EGAN of the Irish National League of America declines to receive the pay allowed for his PRESIDENT W ARNER of an Albion (N. Y.) Bank is missing, and matters very crooked shape. He said to have speculated quite extensively with trust funds. THE Kansas Democrats have formed fusion with the Resubmission Republicans, and nominated Governor Glick for re-electiou and C. K. Halliday, Resubmissionist, for L'eutenant Governor,

20. August 29, 1884 The Iola Register Iola, KS

Article from The Iola Register, August 29, 1884

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coarse, scratchy appearance, not very well executed. THE EAST. THERE was a Butler demonstration at Providence, R. I., on the 19th. About three thousand persons were present. The demonstration was considered a failure in point of numbers, ten thousand at least being expected. J.J. WOODWARD, one of the physicians who attended President Garfield after the assassination, died in Philadelphia the other day. VANDERBILT refused to state toa reporter the amount of the consideration he received from Robert Bonner for the trotter, Maud S. Guesses range from $50,000 to $100,000. The mare will not be allowed on the turf unless Jay-Eye-See beats her record, when a free exhibition of her speed will be given. SCHEDULES in the insolvent assignment of Hand & Ellsworth, papermanufacturers, Beekman street, New York, show liabilities of $281,000; nominal assets, $384,000; actual assets, $32,581. VINCENT L. BRADFORD, of Philadelphia, bequeaths his library of law books to the Washington and Lee University, to be added to the books for which he had previously given the institution money. The testator's collection of paintings also goes to the Washington and Lee University. THE sixteenth annual reunion of the Army of the Cumberland, of which General Sheridan is President, will be held at Rochester, N. Y., September 17 and 18. THE failure of Werner & Merritt, fruit importers of Philadelphia, is reported. Liabilities, $500,000. JUDGE BARTLETT, of New York, granted an attachment against the property of John P. Dickinson, defaulting cashier of the Wall Street Bank, in a suit by the bank for the recovery of $150,000. ARCEBISHOP RYAN was installed at Philadelpnia on the 20th, in the presence of about ten thousand persons. GRAHAM, LODGE & Co., wholesale white goods, of Philadelphia, failed recently. Liabilities unknown. E. L. MINGER, JR., wholesale canned goods, Philadelphia, was reported embarrassed by the failure of Warner & Merritt. AN official report shows a deficiency of $485,474 in the accounts of the Wall Street Bank in New York. Suit has been brought to forfeit the franchise, and Judge Bartlett enjoined the officers from disposing of any of its property. IT having been rumored that a compromise was being arranged in New York by which Ferdinand Ward would be released, another order of arrest was obtained by William H. Bingham, a broker, who brings suit for $48,000 obtained by the firm of Grant & Ward under false representations. THE Buck Ridge mine, owned by the Philadelphia and Reading Coal & Iron Company, was recently reported on fire. A LARGE and enthusiastic meeting of oil producers recently held at Oil City, Pa., unanimously resolved to stop the drill until January 1, 1886. This will control the production to a great extent, as seveneighths of the producing wells and drillable territory is in the hands of members of the association. THE First National Bank, of Albion, N. Y., suspended on the 21st, in consequence of the mysterious disappearance of the President, A. S. Warner. Warner was administrator of the Burrows estate, valued at $5,000,000, and with his disappearance is coupled the poisoning of William R. Burrows, one of the heirs. A very dark cloud was reported to be resting on Warner. IN attempting to extinguish the fire in the Buck Ridge mine, Shamokin, Pa., seven men lost their lives. The intention was to flood the mine by boring a hole through from the Greenback mine, thirty-six feet long. While thus engaged, gas and fire broke through, killing the seven workmen and setting the Greenback mine also on fire. Loss thus far, $100,000. MRS. PARNELL has been holding a conference at Boston with leaders of the Irish National Land Leage and several Catholic bishops. She explained that she had expressed no preference as to Presidential candidates, but sought to secure a pledge from one or the other party for the introduction free of duty of many articles produced in Ireland which do not compete with American labor. THE Republicans of Connecticut have nominated for Governor Henry H. Harrison, of New Haven. THE elaborately carved Italian marble column of Governor Edward Morgan at Cedar Hill Cemetery, Conn., was ruined by fire the other night. Two freight trains collided recently in the west yard of the Pennsylvania Railroad at Columbia, Pa. The caboose and gondola car of the front train and the engine and four cars of the rear train, the latter filled with sheep and hogs, were mashed. The wreck caught fire and was consumed. Upward of eight hundred animals were killed. THERE was a heavy rain, accompanied by thunder and lightning, on the 22d at Dover, N. H. Many persons were killed by lightning, and houses were damaged. Miles of telegraph and telephone wires were blown down. THE WEST. J. T. RIPLEY has resigned the Assistant General Freight Agency of the Wabash Road, to take the Commissionership of the Wabash & Burlington Pool at Chicago, September 1. R. G. HORR was nominated by acclamation for Congress in the Eighth Congressional District of Michigan. THE body of Private Whistler, one of the

21. September 5, 1884 The Portland Daily Press Portland, ME

Article from The Portland Daily Press, September 5, 1884

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Receiver O born of the suspended Wall street bank, New York, yesterday began payment to depositors of a 60 per cent dividend. Mme. Nilsson has signed a contract with Colonel Maple-on to sing in England and America for $2400 per night. The Gettysburg Battlefield Memorial Association has decided to purchase land and open a driveway along the line of battle from Devil's Den, at the foot of Round Top, through the wheat field to Peach Orchard, to afford an opportunity for monuments to be erected to mark the positions of the troops and also to open to visitors one of the most interesting points. The sessions of the 33d meeting of the American Association for the Advancement of Science opened yesterday in Philadelphia before an unusual large assembly of members, noted specialists in America and Europe and a fair number of citizens. J. P. Lesley of Philadelphia was installed president elect of the association.

22. December 3, 1884 The Portland Daily Press Portland, ME

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GENERAL NEWS. Waldo B. Brighara of Hudson, Mass., has gone into insolvency. He owes about $37,700, of which $4000 is secured. The assets for unsecured creditors are light The board of review of the National Trotting Association met at Fifth Avenue Hotel, New York city, last evening. The evening was spent in organizing and getting ready for the trial of disputed cases. Sixteen deaths from diphtheria have occurred at Omro, Wis., since Sunday. Public schools are closed. James Cunningham, station agent of the Oregon and California Railroad Company at Medford. Ore.. has confessed that he stole $12 o from the safe. He said that it was the work of masked robbers. The fair of Picket Buchanan Camp of Confederate Veterans was opened at Norfolk, Va., on Monday night. Some of the largest donations were from the Grand Army of the Republic posts and merchants of Northern cities. John T. Deweese, a well-known Denver, Col., at torney, was arrested on Monday on a charge of forging the name of Ebert N. Smith to a deed for real estate in that city. The first of a series of farmers' institutes under the auspices of the Barnstable County Agricultural Society met in Sandwich, Mass., yesterday. The subjects discussed were: "What method is the best adapted to eradicate wild parsnips?" "Is ensilage a success?" The New York college of electors met in Albany yesterday. and after organization with Eugene Kelly as chairman adjourned until today. The opening of the American electrical exhibition in Boston has been again postponed until December 8th, at the request of many large exhibitors who desire further time to prepare their exhibits. At the charter election at Hudson, N. Y., yesterday, Gregg (Dem.) was elected mayor by 3041 majority, and Dakin (Rep.) treasurer by six majority. John Logan, shot by Georgiana Conway in New Orleans, on Saturday night, and believed to be fatally wounded, has been pronounced out of danger. The Conways were thereupon admitted to bail, James Conway being held in $1500 and the two sisters in $2500 each. Howard Sullivan, a negro, was hanged at Salem, N.J. yesterday, for the murder of Ella Watson, a little white girl, on the 18th of August. One hundred and twenty gambling cases were disposed of yesterday at Dallas, Tex., by fines aggregating $6000. This ends the war against gambiing houses. The new cruiser Boston will be launched at Ches. ter, Pa., Thursday. The Erie Railroad has made an additional cut in rates to all points West. The rate to Chicago from New York is now $9. The New York Central has met this cut. Yesterday afternoon, the 13-year old son of Eagene Smart of Dover, N. H., had both legs cut off at the knees by falling under the wheels of a freight train while fooling around the train at the freight depot. State Treasurer Carter of New Hampshire has already received claims for bounties on 27,468 woodchucks. There is still a large part of the State to hear from, which will probably bring the number up to 50,000. The nail mill and rolling mill at the Fall River Iron Works have started up after a shut down of one month. Myron M. Davis, principal of the Davis Grammar School at Westfield, was yes:erday morning found vomiting and confessed he had taken Paris green while his wife was temporarily absent. He also cut a deep gash in his throat with a razor, partly sever ing his windpipe. His condition is very serious and his recovery doubtful. Lloyd has been subject to insane attacks and was under treatment a year ago. He is well known in educational circles. The French man-of-war Bouvet arrived at New Orleans, Sunday, from Martinique, to represent the French government on the opening of the exposition. The receiver of the Wall Street (N. Y.) Bank, yesterday, was authorized by the Supreme Court to pay a further dividend of 10 per cent. There were large sales upon the Bourse today of Panama Canal shares. This wa S the result of the statement relative to the Nicaragua treaty contained in President Arthur's message. The Farmers' National bank at Bushnell, III., closed its doors yesterday.

23. July 28, 1885 New-York Tribune New York, NY

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Persons leaving town for the season, and summer travellers, can have THE DAILY TRIBUNE mailed to them, postpaid, for 75 cents per month, the address being changed as often as desired. THE DAILY TRIBUNE will be sent toany address in Europe for $135 per month, which includes the ocean postage. Summer Hotels are frequently designated by the Government as regular Post Offices. Before forwarding their orders for THE TRIBUNE readers at summer resorts will do well to ascertain the exact official title of the Post Office at which they expect to receive their mail. Delay and correspondence will be avoided by 80 doing. The three bags of human remains all belonging to the same person, found floating in the Charles River, have given the Boston police a genuine mystery to solve. The clews are not easy to follow. There is little doubt that the woman was murdered, but it is sıngular that no effort was made to disfigure the face. Nor is it likely that the crime was committed on shipboard; else the body would not have been put into three bags. That arrangement was doubtless adopted to allow the murderers to dispose of their victim more easily. It would not be strange if the depositors of the Wall Street Bank should be moved to erect a monument to the memory of that defunct institution. Their luck has been exceptional when compared with the lot of depositors in other banks which have been ruined. for they have been paid in full. Let us suggest that when this tribute of esteem is raised in some modest niche shall be cut the name of Charles J. Osborn, the receiver of the concern. I A slight falling off in the number of deaths in proportion to the number of cases of cholera in Spain is the only indication that the affliction of that unhappy country is growing lighter. The rate of mortality is still painfully large, and the new cases reach several thousand daily. The curious statement is made that the soldiers in Saragossa have been supplied with guitars so that they can keep their spirits up by making music. This will be more effective probably than whistling in the dark; but it is only in a few benighted spots in Southern Europe that such a remedy would be resorted to. From this time henceforth Mr. Chauncey M. Depew must be regarded by an already admiring public with additional interest. We have his word for it that he is the repository of historical facts not yet given to the world. He recoived them from General Grant, who refused to write them in his book, because the time was not yet ripe; and they relate to a crisis in the history of the country when the land was saved from the horrors of a second rebellion only by the firmness of the hero who lies dead at Mount McGregor. Surely Mr. Depew's assertion is one of the most interesting statements uttered by any public man for a long time, and the speaker must not forget his promise to give these facts to the world some day. The West Shore has followed,the Nickel Plate into the maw of the New-York Central-or will follow it there so soon as the West Shore bondholders agree to be swallowed. It is possible that the Central did not view this bolting process with feelings of unmixed pleasure; but if any company in the country can digest 80 large a monthful the Vanderbilt company probably is the one to do it. The public will watch with no little interest for the next movement to build another great East and West trunk line to fight for a portion of the traffic which is not big enough now for the roads already in existence. Mr. Jacob Sharp has dropped the becoming attitude of submissive citizen which he assumed 80 gracefully the other day. Instead of stepping right up and paying $5,000 for having violated (as is alleged) the law five times with his cross-tracks and turntables, he has taken ont an injunction forbidding the Commissioner of Public Works to interfere with anything that the Bleecker Street Railway Com-

24. November 12, 1885 New-York Tribune New York, NY

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PRICE THREE CENTS. DEATH OF CHAS J. OSBORN A WELL-KNOWN WALL-ST. FIGURE GONE, THE END SUDDEN AND PAINLESS-SKETCH OF THE BROKER'S BUSINESS CARMER Charles J. Osborne, who has been for many years a prominent flu e in Wall Street, died at his home No. 587 Fifth-ave. a few minates after 10 o'clock last night. An hour before he bad been resting easily In his chair, and the friends who were with him thought that they saw signs of improvement. A out 10 o'clock he was taken with a spasm, from which he did not recover. His death was as painless as it was sudden. It was the result of an aggravated case of Bright's disease, although the immediate cause was a weakness of the heart which that disease bad produced. He had been confined to his honse only about two weeks and almost from the first his physicians held out little hope of his recovery. His serious condition was carefully concealed from him, however, from fear that knowledge of it would hasten his death As late as Tuesday night Dr. Loomis made an examination of his heart and said afterward that death might occur at any moment. His other phystelans were Dr. Theodore Steele and Dr. Howe. Besides the members of his family and that of his brotherin-law Clement J. Trowbridge, who lived in the same house, Frederick H. Gould and William H. Henriques were with him. His mother, who is the wife of William P. Miller, a retired leather merchant, reached the house a few minutes after her son's death. Mr. Osborne was born at Quogue, L.I., and was about forty-six years old. He began his business career as a clerk in the leather house of Israel Corse, in the Swamp. and before he abandoned that business he was advanced to an interest in the firm. About twenty years ago he entered Wall Street, where his first experience was with the firm of James Dart & Co. A few years afterward he joined the firm of C.C. Parks & Co., which was then prominent by its deatings in gold. While a member of this firm Mr. Osborn joined the Gold Board and in that freazted speculation he made his reputation as a broker. He bad retired from that Brin, however, before its failure, to enter, in 1869, upon a new copartnership with Addison Cammack, under the firm name of Osborn & Cammack The firm did an enormous business in gold for Jay Gould, and in the operations that ended in the Black Friday paule was Mr. Gould's most trusted broker. The part nership was dissolved in 1872, when Mr. O orn formed a new firm of C. J. Osborn & Co., of which John W. George and E. S. Chapin were the other gene a artners and Jay Gould a special partner. The firm passed successfully through the panto of 1873, a though it has been reported that its suspension was avoided only by the closing of the Stock Exchange. Before the doors were reopened, at any rate, the firm had made such arrangements that it ready to protect 103 contracts. This partnership was dissolved in 1874, when Mr. Osborn admitted C. J. Trowbit brother 4u-lar and afterward bridge, the firm suffered no important change until Mr. Oxborn retired from active bastness, nearly two years are. He was at the tine of his death a special partner in the present firm of E. 8. Chapin & Co., No. 31 Broad Since his retirement Mr. Osborn has taken little interest in stock speculation. He gave the most of his attention to the building of a spactous house on the Sound. near Maunoroneck, on which no had spent about $350,000. It was finished last spring, but he did not ocempy it during the summer. He feared the dampness of a new house and spent the season at Saratoga His rim was also given to the affairs of the broken Wall Street Bank, of which he was appointed receiver. At the time of the failure, which was caused by the speculations of the bank's cashier. Mr. Osborn was a director. Someis his of character thing shown a by remark he made shortly afterward will have neglected my trust, and now I He 111 succeeded try to repair my error.' saving enough from the wreck to pay the depositors in full nd for his services he charged nothing. He was one of the largest stockholders of the bank, which he helped to form out of the old Mechanics' Banking Association. Mr Osborn had been it member of the Stock Exchange since May, 189, and served part of a term OD the Governing Committee. He resigned the position a few weeks before his retirement from business was formally announced. He was a member of this New- York Club and at one time of the Maukattan Club. He belonged also to the American Jocked and the Coney Island Jockey clubs. He always took great interest in sports of all kinds For years he kept own hunting-boat at Havre de Grace. although he used it only a few weeks in the season. He owned the famous yacht Dreadnaught,which Was built for A. B. Stockwell when he was prefient of the Pacidle Mail Steamship Company, and afterward to J. the steam yacht Corsair, which he sold Pierpont Morgan, who now owns her. Mr. Osborn was always one of the most pop ular men in Wall Street. Fond of good living and of all outdoor sports, generous to prodigality, rich friends In good-fellowship, he had hosts of will his mourn death. who sincerely They could see no faults in him. although serious fants were not wanting. The last few months of his life were embittered by a quarrel with his old friend, Addison Cammack, which arose from some of his latest operations in stocks. The breach it was never healed, although the cause o: was small. Mr. Osborn leaves a wife, who was a Miss Trowbridge, of Georgia, and an only son. Howell Ostora, twenty-four years old, who 18 a well-known member of the Stock Exchange His mother, Mrs. Miller, and a step-sister also servive him. The fortune left by Mr. Osborn is estimated at from $5,000,000 to $8,000,000. He made a will

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