15715. Dime Savings Bank (New York, NY)

Article Text

UNION C. H.. SOUTH CAROL RIDAY, JUNE 16, 1893. terMORE FAILURE3. oth The City of Chicago Seems to in a Panic. Banks Fail in Illinois, Ohio, New York TS. and Elsewhere. 00 CHICAGO, ILL.-The State Bank of Commerce, having its offices on the eld ground floor of the Woman's Christian Io Temperance Temple, experienced a heavy vn, run Monday aftercoon. It started just in before noon with the appearance of some of thirty or fort, depositors. The news a spread like wildfire and within half an oc hour the lobby was filled with an excited rge crowd of men and woman, who tore and crushed in order in get within the glass at doors. top The bank officers did not seem to bein the least alarmed. The officers and directors of the bank are all wealthy Germans. Herman Felsenthal is president hile and Jacob Grass. vico president. It has red THE THE HOUR. a capital of, $500,000. Its last report, POLATICAL QUAVERS. ced made to the State auditor, May 10th, red on Silver op Congressmen Int Getting Ready Now For the Fall showed deposits of $1,200,000. Bank Tax. a Law, Income Campaigns. A run was also started on the Dime NEW YORK -A paper has interon members of ConSavings Bank. President Baily, of the viewed nearly all Political News of Every Description ap and Character. bank, says he has 16 dollar and a half for the following gress by telegraph our every dollar deposited, but the gretter questions: an Tammany has invited Mr. Cleveland to part of the money is tied up in securities. delpresent informa1.-Do you, with ce deliver an address on July 4. He does not know how long the bank the Sherman siltion, favor the appeal of Governor McKinley, of Ohio, was re ver law? can stand the run, but expects to pull in nominated by acclamation by the Repub through Ycome tax? 2.-Do you favor in licaus last week. There was a run on the Hibernian 3.-Do you fav repeal of the nly The Democratic committee of Alabama State bank tax? Bank, one of the largest saving institure has rejected the peace proposals submittions in the country. The depositors Many of the answers deviated so far and ted to them by the Kolb bolters. The were paid off at the rate of three a min from plain "yes"or "and involved so on Kolb committee in cubmitting their proute. Its deposits amounted to $3,500,000 many qual fications that no tabular ith posals said that they must be adopted as and the officers of the bank believe they statement would fairly represet the an a whole or not at all. can stand the run. opinions they expressed. The important inSenator Voorhees, once a prince of the A run on the Prairie State Savings facts shown are that to the first question, its practical politicans, is now an ardent Bank, which started Saturday, was re"Do you with the present information, ress civil service reformer. It quotes the sumed. The oflicers are confident, howfavor the repeal of the Sherman silver The Indiana statesman as saying that he had ever, that they have ample means availlaw?" there are 86 Representatives who on wasted over half of his time in Washing able to meet all demands from the desay, practically, While only 18 say it ton in hunting offices for his friends. positors. "no.' or the rest any who qualified ts, Now that he is nearing the end of his TWO CHICIGO FAILURES. their answers so stro that they cannot political career he regrets that he did not The property of C. A. Weizenbach, a affirmative colfairly be placed in les give more of his time to the study of the clothing and shoe merchant with several their inclinations umn, show plainly ailgreat questions before the Senate. He says stores was seized by the sheriff upon sentiment of are in favor of reper ena that the country would 'be the gainer if judgments confessed. The liabilities are the lower house on question seems ken law were passed prohibiting Congressmen $72,000, nearly all for borrowed money to be overwhelming ots from endorsing candidates for Federal the assests $50,000. The failure said On March 6, last was printed a mipositions. lenate stood for to have been precipitated by the assigntable showing that eir RICHMOND, VA.-The State central ment of Banker Herman Schaffner, who repeal of the Sher Law 39, em committee of the Third Party met, with is mysteriously missing. ittal 16. against repeal 28 one Chairman C. H. Pierson presiding. A E. A. Armstrong & Co. dealers in several It will be notic ach committee, appointed for that purpose, uniforms, made an assignment. The as. who were non en are or reported an address to the public, which sets are stated to be $275,000; liabilites There now in favor was adopted. The address arraigns both $100,000. se ms to be no doubt that nearly tworest the Democratic and Republican parties PRIVATE BANK FAILURE. thirds of the Senate will vote that way. aid and their methods; and declares against The private bank owned by Meadow. The newer question of the income tax m State banks and wild cat currency: refers croft Bros., at 100 Dearborn street also develops an interesting situation Many lits to President Cleveland as the representsfailed. A notice was attached to the who speak freely as to the Sherman bill tive of the Wall street and New England closed doors of the bank bearing this inevade or ignore this question, but 45 say I Mugwumps; declares for free silver and scription: "This bank is in the hands of squarely that they favor it, 42 that they demands equalization of taxation. It says Lyman E. Crandall, receiver, by order of do not. The Southern and Western Conde that the Populists have made good recthe Superior Court." gressmen are the most numerous advo. ho ords in the States where they have had CANAL STREET BANK, NEW YOUK. cates of such tax. by control, and in conclusion calls a conNEW Shoe and Leather On the State bank tax question the is vention of the Third Party to meet at National Bank gives notice that it will opinion is almost as one sided as in reing Lynchburg on August 3 to nominate can not clear for the Canal Street Bank after gard to the Sherman bill. Many dodge the didates for Governor and Lieutenant to morrow, This will make it necessary it entirely, but 60 say positively that nd Governor and Attorney General. for the Canal Street Bank to go into they are against repealing the tax, while one The first negro to be recognized by this only 30 favor it." liquidation. Its deposits are about enadministration is Henry Clay Smith, of $450,000. im Birmingham. He was promised Tuesday A SANDUSKY BANK GOES UP. the the consulate at Tamatave, Madagascar, SANDUSKY, O.-The doors of the San 22, in place of the present Republican con dusky Savings Bank, which closed Satho sul, John L. Walker. Mr. Quincy sent urday night upon what was generally or for him Tuesday and told him he was supposed to be one of the soundest and eet ready to make the appointment and gave safest institutions of the city, were not No him his commission opened Monday, but displayed the folb. lowing announcement: "Owing to in THE NEWS IN BRIEF. ey THE TURKISH VILLAGE, MIDWAY PLAISANCE. ability to realize upon assests at this time, The Latest Happenings Condensed World's Columbian Exposition. this bank has been compelled to assign. and Printed Here. All creditors will be paid in full." More than $50,000,000 has been raised A KANSAS CITY HOUSE STICKEN. in France and Germany to pay for resumRESULT OF THE BRIGGS TRIAL. KANSAS CITY, Mo. The Kansas Grain of ing work on the Panama Canai. Company, which claims to be the greatDr. Ecob Renounces the Presbyterian Some fiue specimens of hard white (st buyer of grain from producers in the Faith as Promulgated by ago granite have been shipped to the World's the Assembly. world, has failed. ere Fair for exhibition by the J. T. Wyatt ALBANY, N. The Rev. James H WASHINGTON, D. C.-Dividends have that Granite Co., of Faith, N. C. A pair of Ecob, pastor of the Second Presbyterian been declared in favor of the creditors of old millstones from the same company was Church of this city, in a sermon Sunday insolvent national banks a3 follows: 0, is also forwarded. which was founded on the result of the tate First National bank of Palatka, Fla., Governor Tillman, of South Carolina, trial of Prof. Briggs, publicly renounced of second dividend, 10 per cent., making in and Fishback, of Arkansas, are the first the Presbyterian faith as promulgated by of all 45 per cent. on claims proved, amountwho have sent in papers on the resources the General Assembly in its condemnation tion ing to $274,303; First National Bank of of their States, as agreed upon at the govof Prof B iggs are Wilmington N. C.. third dividend, 10 ernors' convention recently held in Rich"The General Assembly of the Presby. nce per cent, making in all 40 per cent. on mond. Both papers are well prepared and terian Church, 'said he, "is the most big The claims proved, amounting to $530,483. will prove both interesting and valuable. oted, intolerent, reactionary body ever n a AN INDIANA BANK YIELDS. The gay and festive Harry Hill, of found in any religious denomination. In old BEDFORD, Bedford Bank Atlanta, who fled from that city two or its recent action it has taken up a garment eral has suspended. three weeks ago, under charges. was arwhich has laid mouldering in the grave for a y A SMALL NEBRASKA BANK. rested in Chicago at a late hour Wednesover two hundred years and smel's of earth av BEATRICE, NEB.-The State Bank at day night. and corruption. I hereby shake i of a y Cortland, this county has closed. It was The Pope has announced the beatificaand will have none of it. As Lion of Loan of burned the stake small institution