d5530709None
Click image to open full size in new tab
NATIONAL BANK FAILURE. TROY, N. Y., March 24, 1877. The National Bank of Gloversville closed its doors this morning. Two-thirds of us capital-$150,000--is tied up in worthless paper. It IS claimed that no one except the stockholders will lose by the suspension.
Click image to open full size in new tab
MINOR TELEGRAMS. The New York Central and Erie roads have adjusted their dispute. Walter Bagshot, a well-known writer on British political institutions, is dead. The first national bank building at East Jaffrey, N. H., was burned Saturday. Loss from $10,000 to 15,000. Walter C. Adayrs, agent of the Star Line of Texas packets, and commission merchant, has failed. Liabilities $600,000; assets $300,000. Hon. Elow Farnsworth, formerly chancellor of Michigan, died at Detroit, Saturday, aged 78 years. John M. Ferguson, a Louisville pork packer, has gone up. Liabilities, $240,000; assets, more. At Newport, Vt., Saturday, the custom officers seized $800 worth of hides and pelts for undervaluation. Whiting, the Brooklyn bank robber, refuses to tell where he has put $10,000, and was Saturday remanded to jail. James W. Kilton, a prominent citizen of Grafton, N. H., who was struck by a slab while at work in his mill Thursday, died Saturday night from the effects of his injuries. Frank P. Hobart of Brookline, N. H., was accidentally killed while chopping in the woods. He was caught between two falling trees and crushed to death. There are 17 cases of small pox in the Catholic convent of Sisters of Mercy, in Brooklyn, endangering 250 children. The school attached has been closed. At Rochester, N. Y., Saturday, Rafus B. Siliman was found guilty of murder in the first degree for killing J. F. Porter last October. The National Bank of Gloversville, N. Y., has closed its doors. Two-thirds of its capital -$150,000-is tied up in worthless paper. It is claimed that no one will lose by the suspension. John Cleary was shot in Lansing street, Albany, Saturday night, by an unknown man. He was a scratcher in one of the foundries which employ non-union moulders. The signal service observer at Cape Henry reports that ship Winchester remains in favorabie condition without leaking. The wreckers are expected to get her afloat at the next spring tides. Thomas P. Somerville, a criminal lawyer, and George Engle, a faro bank keeper and forger, were arrested Friday night in Newark for conspiring to defraud the United States Treasury. Owing to the recent action of the Grand Lodge of Good Templars of Massachusetts excluding colored men from membership, a movement is now on foot to establish a new lodge of dissatisfied members. It was generally supposed that there was water in the foreward part of the steamer Rusland, but on unloading it was found that much of the cargo will come out wet, and there is considerable water in all of her compartments. Judge Giles of the United States District Court at Baltimore, Saturday, gave judgment for $43,500 against the brig Mariposa for sinking sch. N. L Donner, loadded with 600 tons of guano February 16th, by the collision. The consignees were ruled not responsible.
Click image to open full size in new tab
NEW YORK, March 24. Walter C. Adams, an agent of the Star line of Texas packets, also a commission merchant, has failed. Liabilities $600,000, assets $300,000. Weather. Weather hazy and warm; wind southwest. Small Pox. There are seventeen cases of small pox in the Catholic convent of Sisters of Mercy, Brooklyn, endangering 250 children. The school attacked has been closed. Bank Robbery. Whitney, the Brooklyn bank robber, still refuses to divulge where $10,000 are, and was today remanded to jail. Arrested. Thomas P. Somerville, a criminal lawyer, and George Engle, a faro bank keeper and forger, were arrested last night for conspiring to defraud the United States treasury. Suspension. TROY, March 24. The National bank of Gloversvil le has closed its doors. Two-thirds of its capital, $150,000, is tied up in worthless paper. It is claimed that no one will lose by the suspension. The Ring Thieves. Tweed's counsel (John D. Townsend) says that although Tweed's wealth is less than is generally believed, the city will be richer by $2,000,000 if offer to the he proposes to turn over his property compromise is accepted. to Most the city of can be readily sold and the claims against the city are valid and can be easily collected. Tweed may not get his absolute discharge, but will be released on his own recognizance, as Woodward was. In that event judgment would stand against him. His counsel believe, however, if he is released on the terms offered an execution will not be again issued in the $6,000,009 suit and the $1,000,000 suit will never be tried. Sweeney owns a large amount of property in this city and Putnam Co., all in his own name and unincumbered. Many of his friends believe he will willingly transfer the property to the city, if it will put an end to the proceedings against him. His counsel, however, disclaim any compromise of the suit. The Sun says no efforts are being made to settle the suits with Connolly. A lawyer conversant with the ring suits says that much of Connolly's property has recently been turned over to members of the family, and one of the relatives now in Europe wrote not long ago to a friend in this city, that the ex-comptroller's family did not intend that the city should get one dollar of his money. Bratality. A Brooklyn policeman named Michael Cleary beat a respectable citizen, Geo. Balty, terribly last night. Death is feared. Robbery. Sam'l R. Twel, bookkeeper for a firm in West 32d St., New York, was knocked down yesterday afternoon on that street and robbed of $1,200, which he had just gotten at the bank to pay the workmen. Failure. The World says Capt. Clark, one of the largest dealers in butter in New York, has fal'ed. Liabilities heavy. Destructive Fire. WATERTOWN, March 25. The village of Madrid, St. Lawrence Co., was nearly destroyed by fire last night. The fire was the work of incendiaries, whose object was plunder. Gage & Bros. safe was blown open and the contents taken, and J, C. Horseford's drug store was forced open. The burglars stole a horse and wagon and escaped. They are being pursued. Loss not ascertained. Insurance light. Shot. ALBANY, March 25. John Cleary was shot in Lansing street last night by an unknown man. It is hoped he will recover. He was a scratcher in one of the foundries which employ non-union moulders.
Click image to open full size in new tab
CHARGED WITH CONSPIRACY IN RETAINING AN INSURANCE COMPANY'S ASSETS. NEW HAVEN, CONN., March 24.-Benjamin Noyes, president of the National Life Insurance Company. left for New Jersey to-day in charge of Deputy Sheriff Stevens, of New Jersey. It is understood that he is not to be imprisoned in New Jersey. Noyes was arrested on the charge of conspiracy in retaining the assets of the New Jersey Mutual Life Insurance Company, and refusing to give them to ex-Governor Parker, receiver of the New Jersey Life Insurance Company. THE PROPOSED RELEASE OF TWEED. NEW YORK, March 24.-The proposed release of Tweed is upon the surrender of all of his property and choses in action. This by careful examination is found to be only a quarter of a million, and is supposed to be all that Tweed has. This is one of a series of compromises with the ring. Some have already been made, and others are in progress. COLORED MEN EXCLUDED FROM THE GOOD-TEMPLAR LODGES IN MASSACHUSETTS. BOSTON, March 24.-Owing to the recent action of the Grand Lodge of Good Templars, of Massachusetts, in excluding colored men from membership, a movement is now on foot to establish a new lodge by the dissatistied members. A WIFE-POISONER. BOSTON, March 24.-William T. Callahan, a colored man, charged with attempting to poison his wife, has been held in $8,000 bail. He had mixed oxalic acid in her tea in large quantities on three separate occasions, and warned by the taste she escaped each time. A DEFAULTING VERMONT BANK-CASHIER. BOSTON, March 24.-Albert Brown, cashier of the First National Bank at Springfield, Vermont, is a defaulter for $30,000. WHITING, THE BROOKLYN BANK-ROBBER, COMMITTED. NEW YORK, March 24.-Whiting, who robbed the Brooklyn Bank, has been committed for trial. He still refuses to say what he did with the missing $10,000. ONE OF THE ALLEGED SAFE-BURGLARS CHARGED WITH DEFRAUDING THE TREASURY. NEWARK, N. J., March 24.-Somerville, the New York lawyer who was implicated in the Washington safe-burglary, has been arrested for an alleged attempt to defraud the Treasury out of a quarter of a million of dollars. He is held in $10,000 bail. DEMOCRATIC NOMINATIONS. CHICAGO, March 24.-The Democratic City Convention has nominated Perry H. Smith for Mayor. CINCINNATI, March 24.-Mayor George W. Johnson has been renominated by the Democrats. BANK SUSPENSION. TROY, N. Y., March 4.-Tlie National Bank of Gloversville has closed doors. Two thirds of its capital is tied up in worthless paper.
Click image to open full size in new tab
TELEGRAPHIC NEWS. Boson, March 23.-The New England Glass at East one of in New voted the Company, largest England,has Cambridge, unable to wind up the business, being to with Southern Two hundred men uncompete concerns. and will Western be employed. Boston, March 24. - Albert Brown, the First Bank, of is said to be a cashier Springfield, of National defaulter to the amount of $30,000. March 24. New York, Line Walter of of the Star Texas commission of has Adams, packets 181 agent and Pearl street, failed merchants with liaand assets at A part of $300,000. bilities No. of $600,000 large the indebted. valued The nees is held creditors in Europe. main of the failure was bad faith of cause European by correspondents, the by on Mr. in was which thrown a large quantity Adams's of merchandise hands Belgium and Germany. Troy, N. Y., March 24.-The National of Gloversville closed its doors this Two-thirds Bank morning. up worthlees of its capital, $150.000, is tied in paper. It is claimed that no one will lose by the suspension. March authorities Washington, of the Indianapolis 24.-The National Bank have increased their rewards. They now offer $2,000 for the arrest of the robber, $6,000 for the recovery of the money or 20 per cent. for the recovery of any part of it. March 24.-Senerino de la New Bavrera, Orleans, Spanish Consul, died ly from poison. It is not positively whether the was to-day known mistake intentionally, poison but it taken is beby or lieved to be a case of suicide. London, March 24.-A special dispatch from to the a band of says that Ragusa Manchester Bashi-Bazouks of Guardian Otchie- plunburned the village and a vo, dered in and Herzegovina, murdered It is number of the indabitants. reported than another village shared the same fate. Under the pillow of an old man named Aaron Stern, a venerably dry goods merchant, who died at Milwaukee the other night, was found the sum of $12,000 in United States bonds A will has been found bequeathing the money to the wife of the proprietor of the hotel in which he was boarding. New Orleans, March 23.-The consternation the Hayes's to Louisiana treachery caused by first/signs has in the entirely of continu- subsided, confidence ance the government more ly than ever. established of and legal The having people firm- this say they would not object to commission come, but however it report, as, according to unanimous only and recognize they care public not, expression, obey their chosen they will Govern and will support enemies to supment, until compelled it succumb against all by will force. This determination be affirmed in a mass perior publicly the State. week in meetings all over Diaz in rapidly The party Mexico revolution is disminishing, and another is imminent in the near future. A number of prominent men have already declined to serve on Hayes's Louisiana commission. The "Abyssinian envoy to Egypt has been found drowned near Massowah,believed to have been murdered by Egyptians. The Pope has in preparation another allocution to be delivered on the occasion of his Golden Jubilee, in which he reviews the state of the church, etc. The largest meeting of the New Orleans ever was held at ernment all Friday, Cotton was Exchange strongly which the endorsed Nicholls held and Govgood citizens called upon to support it. The Eastern question was up in the British Parliament, Friday night, and speeches condemning the Porte's conduct towards christians in Turkey, were made by Professor Fawcett and others. Hon. E. B. Washburne, United States Minister to France, has written to the President requesting to be recalled, his resignation has been accepted on the condition that he shall remain there until his successor, is appointed, and shall have presented his letters of credence. Louisville, March 24.-John M. Ferguson filed a petition in bankruptcy to-day. His liabilities are $240,000,with no assets. Ferguson was formerly a member of the firm of Krauth, Ferguson & Co., pork packers, who failed some month ago. His principal creditors are J. M. Ferguson jr., and Washington Butcher's Sons,
Click image to open full size in new tab
DELINQUENTS. C. T. Crittenden, paymaster of the Virginia House of Delegates, has been arrested in Richmond on the charge of "raising" two per diem certificates, and thus defrauding the Commonwealth of $120. John M. Ferguson, porkpacker, went into voluntary bankruptcy in Louisville on Saturday. His liabilities amount to $240,000, his assets nothing. Albert Brown, Cashier of the First National Bank of Springfield, Vt. is charged with the embezzlement of $30,000. He speculated in Wall street. G. L. Whiting, the late book-keeper of the Brooklyn Bank, who robbed it of $160,000 has been sent to jail. A frail fair one received most of the money. Thomas P. Somerville, a criminal lawyer, and George Engle, a reputed faro bank keep er, both of New York, have been arrested in Newark, N. J. for conspiring to defraud the United States Treasury. They tried to nego. tiate $250,000 stolen government bonds, but Secretary Morrill was notified, and they were caught. R. T. Taylor, the defaulting cashier of the Franklin Bank, of Franklin, Indiana, escaped from the insane asylum on Sunday night, by forcing the iron fastenings from an upper window. It is supposed he was aided from the outside. The National Bank of Gloversville, N. Y., suspended on Saturday. Two-thirds of its capital of $150,000 is said to be "tied up in worthless paper;" yet it is claimed that "no one will suffer by the suspension. Walter C. Adams, commission merchant and agent of the Star line of Mexas packets, in New York, is reported to have failed. His debts, it is said, amount to $600,000, and his assets to $300,000. Thomas Greener, coal dealer, Darlington, England, has failed. Liabilities £200,000. Rev. Zebulon Philips, a prominent business man of Amsterdam, N. Y., absconded on the 21st inst. after raising $15,000 amount of money on notes and checks, drawn by him in the name of Phillips, Gardner & Co., knit goods manufacturers of which firm he Was a member. Phillips had entire direction of its finance.