165601103 16560
national
bac71f88c28f6c5dNone
Click image to open full size in new tab
ANOTHER BANK IN TROUBLE-Mr. Lacey, controller of the currency, was informed this morning of the suspension of the First National Bank of Wilmington, N. C. He instructed Bank Examiner Alden to proceed from Washington at once to take charge of the bank.
Click image to open full size in new tab
SUSPENDED. WILMINGTON,N.C.,Nov. 25.-The First National bank has suspended payment this a. m. owing to the stringency on financial affairs.
Click image to open full size in new tab
task of allotting the lands in sever alty to the Indians of the tribe. The work WES at the request of the Indians themselves. Eighty acres of agricultural, or 160 ser-s of agricultural and grazing lands, were surveyed and allotted to each of 840 Indians, There are ten more Indians in the tribe, but their wheresbouts are unknown. Thus 150,000 acres of the reservation have been cut into smill farms, and when those allotments are approved by the Indian office these Indians will take formal possession of their lands, and the residue of the reservation. some 250,000 acres, will be thrown of en for settlement as public domain. Agent Rankin says this tribe is making excellent progress toward becoming self-supporting and are pleased with the prompt ae in of the government in aw: rding them their homesteads. Many of them have built good farmhouses already, and are cultivating the soil and raising stock with at earnestness that bodes good for the future of the tribe. SALTON SEA DRYING UP. # Los ANGELES, Nov, 25.-A gentle man who arrived from Salton yes I terday said: "The Salton lake i. ( fast drying up, the water having receded to such an extentas to show ! v very clearly the old locomotive c which was submerged at the end of b the railroadspur near the salt works. This is three miles south of Salton a ) sea. The spur to the mines has a been rebuilt, and will be completed b in a few days. A great stretch of il desert, which was submerged, It 8 now dry, and is covered with # e glistening coating of salt. The sali company will resume operations very soon, taking chances on the waters coming in again at the high y water season next year." y HOLDING GRAIN. re Sr. PETERSBURG, Nov. 25.-The 4 press of this city are continually 4 publishing vehement denunciations I of the merchants who are holding M grain for advance and clainor for 18 the government to compel them to h sell their grain or that it be confis a cated against vouchers for further 0 payment as was done during the 1" Crimean war. 8 WE DO NOT WANT HIM. t ATCHISON,Kan.,Nov.25.-Reuben 8 Jarvis, a professor in the public W schools at Smith Centre, Kansas, 0 claims be has discovered chemicals si with which he can produce rain b every time. th SUSPENDED. he WILMINGTON,N.C.,Nov. 25.-The th First National bank has suspended st Be payment this a. m. owing to the stringency on financial affairs. in of
Click image to open full size in new tab
A North Curolina Bank Suspends. WILMINGTON, N. C., Nov. 25.-The directors of the First National Bank have decided to suspend business until further notice. The capital stock of the bank is $250,000. The last published statement shows deposits of $405,000:
Click image to open full size in new tab
Another Bank Suspends. WILMINGTON, N. C., Nov. 25.-The First National bank of this city suspended payment this morning owing to stringency in financial affairs and the bank was unable to meet further demands. It is impossible now to get any statement of the condition of affairs.
Click image to open full size in new tab
A REWARD FOR INCENDIARIES, The Suspension Not Unexpected-General B. T. Johnson's Mission-Impertinence. [Special telegram to the Dispatch.) RALEIGH, N. C., November 25.-Governor Holt to-day offered a reward of $200 for the unknown incendiaries who have destroyed property in Chatham county. Among the houses ourned Is that of John H. Ward. Too suspension of the First National Bank at Withhington was not unexpected here among bank officials. it does not own the Raleigh banks A dollar. Some Wilmington people who are here express the belief that the assets will equal the liabilities. Among its directors are such wellknown business men 58 the Sprunts and Worths. BELIEVERS IN MECKLENSURG. General Bradley T. Johnson arrived to-day from Baltimore. One of the chief objects of his visit is to ascertain some facts in regard to the Meoklenburg Declaration of Independence, May 20, 1775. lie is a firm believer in the authenticity of that event. He had the honor of being chief marshal as the celebration of the contonnisl of the declaration at Charlotte. Alliance men of preminence here say that McCluer will succeed Hal. W. Ayer as the head of the Reform Press Bureau. There will be an entire suspension of all public business here to-morrow. IMPERTINEST BARNES. The officials who received the official letter from Secretary Barnos, of the State Farmers' Alliance, as to whether they had railway passes, are in some cases very indignant, and have written Barnes very plainly that they do not acknowledge his right to ask any such & question, but consider it pure impertinence.
Click image to open full size in new tab
A Southern Bank Failure. WILMINGTON, N. C., Nov. 25.-The First national bank of this city suspended payment this morning. Owing to the stringency in financial affairs, the bank is unable to meet further demands. It is impossible now to get any statement of the condition of its affairs. The capital stock of the bank is $250,000. The last published statement shows deposits of $405,000. An employee of the bank, who is familiar with its affairs, expressed the opinion to a reporter that the depositors would suffer no loss. Large crowds gathered around the institution, but everything is quiet. WASHINGTON, Nov. 25.-Lacey, comptroller of the currency, was informed this morning of the suspension of the First National bank of Wilmington, N. C. He instructed Bank Examiner Alder to proceed from Washington at once to take charge of the bank.
Click image to open full size in new tab
ANOTHER BANK BROKEN. First National of Wilmington, N. C., Forced to Suspend. Associated Press Dispatch by Special Wires. WILMINGTON, N. C., Nov. 25.-Notice was posted on the doors of the First National Bank this morning stating that the bank has suspended until further notice in consequence of stringency in financial affairs and the bank's inability to meet further demands. It is impossible now to get the statement of the bank's condition. The capital stock of the bank is $250,000, and last published statement showed deposits of $405,000. Large crowds are gathering around the bank discussing the situation but excitement is of subdued character and everything is comparatively quiet. Other banks here are not affected by the suspension. EXAMINER IN CHARGE. WASHINGTON, Nov. 25.-Mr. Lacy, comptroller of the currency, was informed this morning of the suspension of the First National Bank of Wilmington, N. C. He instructed Bank Examiner Alden to proceed from Washington at once to take charge of the bank.
Click image to open full size in new tab
Cause of the Wilmington Bank Failure. WASHINGTON, Nov. 27.-Comptroller Lacey, when asked the cause of the suspension of the First National bank, of Wilmington, N. C., said it was on account of bad loans. It had no connection, he said, with the Maverick bank, of Boston, which lately suspended. Examiner Alden will take charge of the bank Friday morning, but the comptroller could not say whether a receiver would be needed. He said it will probably be a bad failure. He did not know what the bank's liabilities would be,
Click image to open full size in new tab
LATE NEWS. The First National Bank of Wilmington has suspended. The Republican National Convention will be held in Minneapolis, Minn., on the 7th of next June. A commercial college is to be established at Charlotte. The college will be Junder the management of parties from Maine and Maryland. On thanksgiving day the members of the firm of W. Duke, Sons & Co., at Durham, sent the children at the Oxford Orphan Asylum money, 'food and wearing apparel to the amount of $1,000
Click image to open full size in new tab
Wilmington's Broken Bank. W ASHINGTON, Dec. 4.-The controller of the treasury, Mr. Lacey, to-day received a letter from the examiner in charge of the First National Bank of Wilmington, N. C., but declined to disclose its contents. He said, bowever, that the bank would probably be placed in the hands of a receiver.
Click image to open full size in new tab
The Wilmington Broken Bank. WASHINGTON, Dec. 4.-[Special] Comptroller of the Currency Lacey today received a letter from the examiner in charge of the First National Bank of Wilmington, N. C., but declined to disclose its contents. Ho said, however, that the bank would probably be placed in the hands of a receiver.
Click image to open full size in new tab
News in North Carolina in a Condensed Form. THE STATE'S PROGRESS. Incidents and Industries, Efforts and Energies, Persons and Things from Cherokee to Ourrituck. Five large flats or apartment houses are in course of construction at Salem. The discovery of green sand in New Hanover county is one of great importance. Much pork will be put up in Johnston county this season, the Smithfield Herald says. The people of Sampson county are reforesting, by protecting the young pine trees, 2 million of which are growing. As yet there is no news as to the whereabouts of Cashier Bowden, of the smashed First National bank at Wilmington. Moore Bros. of Four Oaks, general merchants, have assigned. They also dealt in turpentine. The preferred debts aggregate $1,000. Mr.H.M. Butters, of the town of Hub, has put $250,000 in the lumber industry in North Carolina. His big mills now cut 100,000 feet of timber daily. Miss Meddie Johnson, a pupil at Greensboro female college, died last Sunday, of grippe, after fifteen days' sickness. Grippe is prevalent in several sections of the State. The three-year-old child of Arthur Rumage, of Davie county, was accidently burned to death Monday by its clothing, the Times says, having caught fire from the fireplace. H. & L. Wright of Salisbury who have assigned, bare assets of $13,000, liabilities $11,000, and have surrounded all their property, not even reserving the homestead. Last week a granite block was shipped from the Mount Airy ite to quarries Philadelphia which granover tons and form which, weighed the News nineteen states, will the base of a huge monument.. Frank Shoe, aged 4 years, son of Albert Shoe, postmaster at Finger, Stanly county, while playing around a well fell in. Soon after, his parents missing him, they instituted search. The Salisbury Herald says the little fellow was found in the well, cold and stiff in death. Mr. Rufus Baker, who lived near Four Oaks, Johnston county, was run over and killed by a passing train near Benson Wednesday night. He was drunk and was walking on the track. He waste ribly mangled, his head cut off, body severed and one hand cut off. Thieves, the Charlotte News says, are about to take the Mill Hill section of Cabarrus county, and are carrying off corn, cotton and anything they can get their hands on. Some parties selling liquor in the neighborhood are suspected of securing the stolen goods. Hundreds of dollars' worth have been stolen, the is thorand that will and be oughly trouble it is organized thought gang there in making arrests. Never were burglars so daring or burglaries so numerous. At Charlotte a night or two since the house of Mrs. Biggs was entered. found two awaked and white men She standing beside her bed, one with a
Click image to open full size in new tab
Cream of the State Press Drops of Turpentine and Grains of Rice from the East-Clusters of Grapes &nd Tobacco Stems from the North-Stalks of Corn and Grains of Wheat from the West-Peanuts and Cotton Seed fromtheSouth It is said the recent McDougald trial $8,000. Capt. L. W. McLaurin, a promine nt citizen of Laurinburg, died Tuesday. Five large flats or apartment houses are in course of construction at Salem. Two young ladies died at the Greensboro female college last week of the grippe Efforts are being made to put the suspended bank at Clinton on a good fooung The discovery of green sand in New Hanover county is one of great importance. Much pork W 11 be put up in Johnston county this season, the Smithfield Herald say J. W. Summers, Esq., a prominent lawyer of Mecklenburg, will make Asneville his home. The new band of the Fourth Regiment, at Ashevile, will be regularly enlisted In a few days. A railroad is being surveyed from Red Spring to a point on the Wilson Short Cut, near Mt. Tabor A special train carrying the Ema Juch Opera Troupe was recked near Oxford last Wednesday afternoon. Mr. Jethro Howell, of Fork township Wayne county, from four acres has gathered 2,057 pounds of lint cotton. Henry Grady Lodge. No. 102, I. O. 0. F., was organized at Oxford Tuesdul evening. Mr. U. F. Crews is Noble Grand. Gov. Holt has pardoned Robert Smith, who was sentenced from Wayne county for five years for lare ny. The people of Sampson county are reforesting, by protecting the young pine trees, a million of which are growing Owing to his continued ill health, Mr. Covington retires from the editorial control of the Farmer and Scottish Chief. As yet there is no news as to the whereabouts of Cashier Bowden, of the smashed First National bank at Wilmington. Miss Laura Thacker, a pupil at the Greensboro Female College, died last Thursday night, after an illness of about two weeks. It is stated on good authority that Mr. B. L. Duke, of Durham, will put $30,000 in the many ture of plug tobacco at Mt. Airy tave Oaks, general Moore Bros. of merch ints, have Four Pd. They also dealt in turper he preferred debts aggrega W. R. used Ate $1,000 cold a big load at Gravely S Farmers Warehouse last Saturday at an average of $21, says the Rocky Mount Phoenix. An Asheville paper states that 6 552 guests registered at the Battery Park Hotel since January 1, 1891. The hotel has now about 90 guests. Mr. Robert Morrison, a prominent business manof Wilmington, died there suddenly Sunday in the 68th year of his age, of heart disease. Two hundred and forty dollars is what the entertainment given at Char lotte Monday evening by the amateurs, netted the Queen City Guard. The dwelling of Mrs. M. E. O'Berry, near Dudley, was burned Sunday. Only a small quantity of furniture was saved There was no insurance. J. C. Ramsey, of Greensboro, dealer in toys, confections, &c, has made an assignment to James E Boyd. The assets and liabilities are unknown. Mr H M. Butters, of the town of Hub, has put $250,000 in the lumber industry in North Carolina His big mills now cut 100,000 feet of timber daily. The postoffice at Dudley, Wayne county. will be incharge the the Goldsboro Headlight states, of a negro woman, the wite of J. F. Baker of that place. The barn of W. M. Hankins, with 1,400 bushels of rice, 150 bushels of corn. & were destroyed by fire Sat urday at his farm six miles from Wil mington. Jno. Cook, of St. John's while on his way to town was thrown from his wagon and received a big gash on the
Click image to open full size in new tab
AT THE NATIONAL CAPITAL. Mr. Crawford, of North Carolina, on the Mileage Committee. THE WORK OF SPEAKER CRISP. Mr. H. G. Williams, Brother of Congressman Williams, Will Get His Old Position in the House. WASHINGTON, D. C., Dec. 14.-The Senate is in session this afternoon considering a long list of Presidential appointments. The House will re-convene Wednesday. Two committees have been announced, viz: Mileage and Accounts. Mr. Crawford, of North Carolina is the second man on the first mentioned committee. The Speaker cannot well ignore the solid supp rt the Tar Heel delagation gave him. Mr. Henderson, Chairman of our delegation told me vesterday that the Speaker was hard at work on the formation of the committee, but had not completed any but the two mentioned above. There was a competitive examination in the Hall of the House for the positions of Reading Clerk of the House Saturday night. North Carlina had three candidates in the field, Messrs. Smith and Ferguson of Col. Cowles' district and Capt. John B. Hussey formerly editor of the Greensboro Patriot but more recently a resident of thiscity. There are tworending clerks and each one receives $3,700. The delegation hasgiven Col. Henry G. Williams, brother of Hon. A. H. A. Willams, its united support for his former position as Assistant Superintendent of the House Document Room. This makes his election a certainty. I was told at the Treasury Department this morning that the Examiner's report on the condition of the First National Bank of Wilmington had not yet been received and that nothing would be done until the re port was in and examined. If the directors make necessary arrangements. the Bank will be allowed to resume business. If not, a receiver will be appointed and the gentleman will probably be Mr. W. S. O. B. Robertson, of Goldsboro. Messrs. Tom Ransom and Julian S. Carr are in the city.
Click image to open full size in new tab
Telegraphic Brevities. The weather on the Continent of Europe is extremely cold. Several persons have frozen to death in the French provinces. The Federal Controller of the Currency yesterday appointed Mr. William S. O'B. Robinson, of Goldsboro', receiver of the First National Bank, of Wilmington N. C., insolvent. The receipts from customs at the port of New York during the first twenty days of this month were $5,362,768, a decrease of $1,764,677, compared with the receipts during the corresponding period of last year. The net gold in the Federal Treasury yesterday amounted to $129,750,389. a decrease of nearly $2,000,000 since the 10th instant. The cash balance was $132,200,000. the lowest figure it has reached this month. The meeting called by Alabama's Agricultural Commissioner Lane, to be held in Montgomery for January 6th to devise plans to decrease the acreage of cotton, has been changed so as to be held in Memphis on the same date. IntheCourt of Claimsat Washington yesterday judgments were rendered in favor of John D. Pope et al in their suit against the United States to recover the value of lands in South Carolina sold in satisfaction of the direct tax of August, 1861. The north-bound Lebigh-Valley Buffalo express struck a rock that had rolled from the mountain side at Rockport, Pa., yesterday morning. The engine was demolished, and Michael Lebelle, aged forty, a New Jersey Central engineer, who was riding on the engine on his way to work. was crushed to death. The fireman was badly hurt, and the passengers were shaken up, though none were injured. While the south-bound Buffalo express was running around the wreck the train was derailed, but no one was hurt. The Mississippi "Cotton-Planters' Association of the Memphis district met in the MempLis County-Court room yesterday morning pursuant to adjournment. Dr. G. Godwin, Commissioner of Agriculture of the State, was called upon to address the meeting on the subject of decreasing the acreage of cotton-growing in the South. He thought that the greatest obstruction to an effort to effect a reduction of the acreage of cotton was the tenant system of the South. He was of the opinion that 6,000,000 bales of cotton raised annually equal to the present demand and thought it might bring more money than 8,000,000 or 9,000,000 are now bringing. He had heard it suggested that no attempt of this character would succeed because selfish interests would defeat it. Some planters would increase their acreage and take advantage of others. He was of the opinion that farmers in order to succeed would have to raise the necessaries of life in addition to their cotton. Dr, Godwin thought the mortgage system a most pernicious one and in many instances ruinous to the farmer. Dr. A. F. McKinney was of the opinion that the cotton acreage should be decreased. The difficulty is not so much that bo much cotton is raised, but that not enough is raised of other products. Mr. H. L. Bedford thought one difficulty that stood in the way of reducing the acreage was that negro labor would be largely affected by reduction and much of it would be left unemployed, and the country could not stand this. It would tend to anarchy. He did not see any field for negro labor beyond cotton-planting. A resolution was passed endorsing the Memphis Appeal-Avaianche in its fight against the alleged manipulations of the cotton market by the New Orleans and New York bears, and siding with the farmers. Adjourned sine die.
Click image to open full size in new tab
A Receiver Appointed. WASHINGTON, Dec. 21.-[Special]Comptroller of currency to-day appointed William 8 O.B. Robinson. of Goldsboro. receiver of the First National Bank of Wilmington, N. C., insolvent.
Click image to open full size in new tab
WILMINGTON BANK FAILURE. The Latest News From the First National. Wilmington Meesenger. W. S. O'B. Robinson, of Goldeboro, is appointed receiver of the smashed First National bank of Wilmington. Saturday the board of directors of the bank instituted proceedings in the Superior court of New Hanover county against H. M. Bowden, the missing cashier of the bank. The suit was entered by Junius Davis, Esq., counsel for the bank, and action is begun for the purpose of recovering about $6,900, in which amount Bowden is indeb:ed to the bank. Sheriff Stedman served warrants of attachment Saturday on all property of Bowden, either real or personal, to be found in New Hanover county. No tidings have yet been received of Bowden, and his absence is still a mystery.
Click image to open full size in new tab
The Smashed Wilmington Bank Inselvent. Bank examiner Alden states that the First National bank of Wilmington is practically insolvent and suggests the appoinoment of a receiver to wind up the affairs. He says he had about done his work here. Since the above W. 8. O'B. Robinson, of Goldsboro, has been appointed Receiver. Mr. Robinson, of course. is a R pub3 lican. He was a candidate a few years ago against Maj. McClammy for Congress in this District.
Click image to open full size in new tab
BUSINESS FLUCTUATIONS Some of the Most Notable Collapses of the Financial World. JANUARY. 5. Failure of Dueber Watch company. Canton. O.: liabilities, $450,000. 14. Failure of O'Donnell, Spencer & Co., lumber dealers at Saginaw, Mich.: $100,000. 20. Failure of the American National bank of Kansas City for $300,000. FEBRUARY. 18. Suspension of the American Loan and Trust company of New York: deficit of $656,000. MARCH. 20. Suspension of the Keystone National bank of Philadelphia. Failure of the banking house of Theodore Schwartz & Co. at Louisville; liabilities, $750,000. 23. Suspension of the Washington National bank in New York city; shortage. $148,000. MAY. 4. Failure of J.H. Lippincott, of the American Graphophone company and North American Phonograph company, for $100,000. 8. Suspension of the Spring Garden bank and the Penn Trust and Safe Deposit company in Philadelphia. 12. Failure of Levy Bros. & Co., clothing manufacturers, in New York, for nearly $1,000,000. 19. Failure of Satterlee, Bostwick & Martin. insurance brokers, in New York, for over $100,000. 20. Assignment of the Davis Shoe company at Richmond, Va.: liabilities, $3,000,000. 25. Failure of Potter, White & Bayley, shoe manufacturers, in Boston, for $1,000,000. JUNE. 4. Assignment of the Connell-Hall-McLester company, dry goods house, in Nashville; liabilities, $464,000. 12. Failure of the London and Liverpool Clothing company and Mack & Co. in New York; liabilities over $250,000. 22. Failure of Sax Bros., bankers, in Nashville, for $600,000. 25. Assignment of the wholesale shoe firm of Emile Marqueze & Co., in Boston; liabilities, $460,000. JULY. 11. Failure of Hard Bros. & Co., spring bed makers, in Oneida, N. Y., for $125,000. 13. Failure of R. M. Bingham & Co., wagon makers, in Rome, N. Y., for $225,000. 20. Suspension of the Merchants' National bank of Fort Worth, Tex.; liabilities, $500,000. AUGUST. 2. Assignment of Abraham Backer, commission merchant and note broker, in New York: liabilities, $4,000,000. 8. Assignment of the Masonic Savings bank in Louisville, owing $1,000,000. 19. Receiver appointed for the American Wheel company, of Chicago, which has plants in six different states; liabilities, $1,800,000. 21. Seizure of the assets of the Mexican Northern railway in New York on a claim for $109,000. 22. Failure of S. V. White & Co., grain speculators of New York and Chicago, for nearly $3,000,000. OCTOBER. 19. Assignment of Jonathan Stewart, of Trenton: liabilities, $329,000. 22. Assignment of the Bank of Lewisburg, Tenn. NOVEMBER. 1. Failure of Maverick National bank in Boston; liabilities, $8,000,000. 7. Supension of National bank of Corry, Pa.: liabilities, $740,000. 10. Assignment of C.B. Paul, Louisville, lumber dealer, for $200,000. 12. Assignment of H. B. Smith & Co., New York ship brokers, for $800,000. 13. Failure of Louis Adler, New York cloak manufacturer. for $150,000. S. N. Stroube, California horse breeder, failed for $150,000. 15. Failure of Bonner & Bonner, bankers, for $500,000, in Tyler, Tex. 20. Shortage of $133,000 causes closing of Milford (Mich.) bank 25. Failure of First National bank, Wilmington, N.C. 27. Assignment of New York banking firm of Field, Lindley, Wiechers & Co., with liabilities of over $1,000,000. DECEMBER. 1. Receiver appointed for Richmond, Nicholasville and Beattyville railroad, Kentucky; debt. $3,000,000. 11. $250,000 assignment by Francis H. Baker & Co., dry goods dealers of New York.
Click image to open full size in new tab
BUSINESS FLUCTUATIONS. Some of the Most Notable Collapses of the Financial World. JANUARY. 5. Failure of Dueber Watch supeny, Canton. O.: liabilities, $450,000. 14. Failure of O'Donnell, Spencer & Co., lumber dealers at Saginaw, Mich.; $100,000. 20. Failure of the American National bank of Kansas City for $300,000. FEBRUARY. 18. Suspension of the American Loan and Trust company of New York; deficit of $656,000. MARCH. 20. Suspension of the Keystone National bank of Philadelphia. Failure of the banking house of Theodore Schwartz & Co. at Louisville; liabilities, $750,000. 23. Suspension of the Washington National bank in New York city: shortage, $148,000. MAY. 4. Failure of J. H. Lippincott, of the American Graphophone company and North American Phonograph company, for $100,000. 8. Suspension of the Spring Garden bank and the Penn Trust and Safe Deposit company in Philadelphia. 12. Failure of Levy Bros. & Co., clothing manufacturers, in New York, for nearly $1,000,000. 19. Failure of Satterlee, Bostwick & Martin, insurance brokers, in New York, for over $100,000. 20. Assignment of the Davis Shoe company at Richmond, Va.; liabilities, $3,000,000. 25. Failure of Potter, White & Bayley, shoe manufacturers, in Boston, for $1,000,000. JUNE. 4. Assignment of the Connell-Hall-McLester company, dry goods house, in Nashville: liabilities, $464,000. 12. Failure of the London and Liverpool Clothing company and Mack & Co. in New York; liabilities over $250,000. 22. Failure of Sax Bros., bankers, in Nashville, for $600,000. 25. Assignment of the wholesale shoe firm of Emile Marqueze & Co., in Boston; liabilities, $460,000. JULY. 11. Failure of Hard Bros. & Co., spring bed makers, in Oneida, N. Y., for $125,000. 13. Failure of R. M. Bingham & Co., wagon makers, in Rome. N.Y., for $225,000. 20. Suspension of the Merchants' National bank of Fort Worth, Tex.; liabilities, $500,000. AUGUST. 2. Assignment of Abraham Backer, commission merchant and note broker, in New York; liabilities, $4,000,000. 8. Assignment of the Masonic Savings bank in Louisville, owing $1,000,000. 19. Receiver appointed for the American Wheel company, of Chicago, which has plants in six different states; liabilities, $1,800,000. 21. Seizure of the assets of the Mexican Northern railway in New York on a claim for $109,000. 22. Failure of S. V. White & Co., grain speculators of New York and Chicago, for nearly $3,000,000. OCTOBER. 10. Assignment of Jonathan Stewart, of Trenton; liabilities, $329,000. 22. Assignment of the Bank of Lewisburg, Tenn. NOVEMBER. 1. Failure of Maverick National bank in Boston; liabilities, $8,000,000. 7. Supension of National bank of Corry, Pa.: liabilities, $740,000. 10. Assignment of C. B. Paul, Louisville, lumber dealer, for $200,000. 12. Assignment of H. B. Smith & Co., New York ship brokers, for $300,000. 13. Failure of Louis Adler, New York cloak manufacturer, for $150,000. S. N. Stroube, California horse breeder, failed for $150,000. 15. Failure of Bonner & Bonner, bankers, for $500,000, in Tyler, Tex. 20. Shortage of $133,000 causes closing of Milford (Mich.) bank. 25. Failure of First National bank, Wilmington, N. C. 27. Assignment of New York banking firm of Field, Lindley, Wiechers & Co., with liabilities of over $1,000,000. DECEMBER. 1. Receiver appointed for Richmond, Nicholasville and Beattyville railroad, Kentucky; debt. $3,000,000. 11. $250,000 assignment by Francis H. Baker & Co., dry goods dealers of New York.
Click image to open full size in new tab
News Items. The Greenville Reflector learns that a cyclone visited a section of Martin county near Everett's Station. Several houses were blown down. Receiver Robinson has received the check for the first dividend of 15 per cent, declared in favor of the depositors of the First National bank of Wilmington suspended exactly six months ago. At Wilmington Tuesday a lad about fifteen years old, named George Carr, stabbed another white lad, Jim Brown, in the back of the head with a knife, the blade breaking off in Brown's skull. The Washington Progress reports that the slander suit in Hyde county brought by Edward Adams against Augustus Dudley for $15,000 was tried a few days ago. The jury found a verdict for $500 in favor of Adams. Winston Sentinel: It is proposed 10 make the State normal and industrial school for the girls what the university is for the boys. And in this is one of the strongest proofs of the educational awakening that has recently swept over North Carolina. Educate the girls of the rising generation and you insure the education of the boys of suc ceeding generations. As this is the first effort on the part of the State for the higher education of women, it wil be watched with peculiar interest. The prospects for the realization of th hopes of the most earnest friends o the enterprise now seem bright
Click image to open full size in new tab
THURSDAY, AUGUST 4, 1892. SIX PAGES. NEWS SUMMARY. VIRGINIA. The campaign opened in Pulaski at Newbern last Monday.-A motion to modify the order placing the Macon and Georgia railroad in the hands of a receiver was heard in Charlottesville.-The stockholders of the Alliance Warehouse Company in Danville held & meeting and elected the old board of directors.-The funeral of Dr. W.A. Strother took place in Lynchburg.-Mrs. T. H. Franklin, of Lynchburg, is dead-Thomas B. McCallister. of Healing Springs, was thrown from his wagon on a rock and killed. GENERAL. The town of Oxford, N. C,, is to issue $20,000 of bonds to aid in building the Oxford Coast Line railroad.-Receiver Robinson is ready to pay 15 per cent. on all proved claims against the First National Bank of Wilmington-Two citizens of Winston, N.C., have challenged Peter DeGraff, the alleged murderer. to mortal combat.-The Democrats in cancus came to an agreement over the World's Fair appropriation.— Warrants have been issued for the arrest of Mr. Frick and others for murder. The infant child of Mr. Frick is dead W. C. Buchanan has been arrested in Memphis for forgerv.James Hunter. a Philadelphia forger, has returned from Brazil and been arrested.
Click image to open full size in new tab
NORTH CAROLINA. Creameries have been completed at Statesville and Charlotte and are in opertion. The Wilmington alumni of the Keeley Institute have a "Kecley Bi Chloride of Gold Club." Thos. H. Hoke, of Lincolnton, a prominent merchant and chairman of the Dem ocratic county executive committee, died Thursday. The Comptroller of the Currency has declared a second dividend of 15 per cent. in favor of the creditors of the First National Bank of Wilmington, N. C., (insolvent), making in all 30 per cent. on claims proved amounting to $519,025.10. The Caraleigh Phosphate works at Raleigh turned last week. The less is $27,000. Fred Sherrill, the colored man shot at Winston Sunday night by Thomas Vin. FOD, died, and the murder has escaped. The mayor of Winston offered a reward of $100 for his arrest, and delivery to the citv authorities. SOUTH CAROLINA: An anti-high lic nce municipal ticket has been elected in Mt. Pleasant. The R. & D. shops at Columbia a'e again running full time, and pay out $14,000 monthly. X car load or was-um ped from the Edisto Mineral Spr.ngs at Orangeburg to Baltimere, Md., last week. The safe of Sullivan's store: at Williamston was blown open by burglars Tuesday night and $60 in money and valuable papers were stolen. Dr. Babcock, Supt of the State Insane Asyium was privately married Weduesday to Miss Katherine Guion, one of the nurses of the institution. The vacant scholarships for the Cita. del Academy this year are Abbeville 2, Beaufort 2. Colletin 1, Marion 1, Union 1, Charleston 1, Edgefield 1, Orangeburg ?, Sumter, 1, York 1.
Click image to open full size in new tab
THREE STATES' BRIEFS. Telegraphic Dispatches From Many Points of Interest. The Fields of Virgina, North and South Carolina Carefully Gleaned For News. VIRGINIA. A Ladies' Bicycle Club has been organized in Salem. Rev. Sam Jones has begun a series of meetings in Harrisonburg. Norfolk iron workers have a movement on foot looking to the reduction of the number of hours of a day's labor. The following appointments have been made to the West Point Military Academy: David R. Powers. Jr., Port Royal, with Willard N. Newhill, of Irvington, alternate. The Salvation Army has lost their suit against the city of Salem. This case has caused considerable excitement, as on the verdict rest the future actions of the "Salvation Army" in Roanoke county. An effort will made to get Governor McKinney to pardon the nineteen-years. old girl, Octavia Hodges, who was committed to the penitentiary last week for six years for the killing of a sewingmachine agent named Cunningbam. She claims that the shooting was done in self defense. NORTH CAROLINA. Creameries have been completed at Statesville and Charlotte and are in opertion. The Wilmington alumni of the Keeley Institute have a "Kecley Bi Chloride of Gold Club." Thos. H. Hoke, of Lincolnton, a prominent merchant and chairman of the Dem ocratic county executive committee, died Thursday. The Comptroller of the Currency has declared a second dividend of 15 per cent. in favor of the creditors of the First National Bank of Wilmington, N.C., (insolvent), making in all 30 per cent. on claims proved amounting to $519,025.10. The Caraleigh Phosphate works at Raleigh turned last week. The less is $27,000. Fred Sherrill, the colored man shot at Winston Sunday night by Thomas Vin. FOD, died, and the murder has escaped. The mayor of Winston offered a reward of $100 for his arrest, and delivery to the city authorities. SOUTH CAROLINA: An anti-high lic nce municipal ticket has been elected in Mt. Pleasant. The R. & D. shops at Columbia are again running full time, and pay out $14,000 monthly. A car load or ped from the Edisto Mineral Springs at Orangeburg to Baltimere, Md., last week. The safe of Sullivan's store at Williamstou was blown open by burglars Tuesday night and $60 in money and valuable papers were stolen. Dr. Babcock, Supt. of the State Insane Asylum was privately married Wednesday to Miss Katherine Guion, one of the nurses of the institution. The vacant scholarships for the Cita. del Academy this year are Abbeville 2, Beaufort 2. Colletin 1, Marion 1, Union 1, Charleston 1, Edgefield 1, Orangeburg 3, Sumter, 1, York 1.