16724. West Side Bank (New York, NY)

Bank Information

Episode Type
Run → Suspension → Reopening
Bank Type
state
Start Date
May 24, 1884
Location
New York, New York (40.714, -74.006)

Metadata

Model
gpt-5-mini
Short Digest
55012916

Response Measures

Full suspension, Books examined

Description

Paying teller Charles (C.) Hinckley/Hinckley (also spelled Hinckley, Hinokly, Henckley in OCR) embezzled roughly $85,000–$96,000. That defalcation triggered a run on May 24, 1884; the bank suspended same day (1:30 PM), inspected books and posted notice promising full payment, and then resumed business about May 31, 1884. OCR inconsistencies in teller name and exact missing sum documented above; used newspaper dates to assign event dates.

Events (3)

1. May 24, 1884 Run
Cause
Bank Specific Adverse Info
Cause Details
Run triggered by discovery that paying teller Charles A. Hinckley (Hinckley/Hinckley variant spellings) embezzled roughly $85,000–$96,000 from the bank.
Measures
Depositors withdrew funds; officers promised a statement; some banks/clearinghouse assistance discussed; books inspected by examiners.
Newspaper Excerpt
There was a considerable run on the West Side Bank this morning...the deficit is not over $96,000.
Source
newspapers
2. May 24, 1884 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank suspended after run provoked by the paying teller's defalcation and because the American Exchange refused to clear for the bank; suspension presented as precaution while books were inspected and statements prepared.
Newspaper Excerpt
At 1.30 p.m. the bank suspended...The following notice was posted: 'With the deepest sorrow we have to announce the suspension of this bank...depositors will be paid in full, and we hope to resume again.'
Source
newspapers
3. May 31, 1884 Reopening
Newspaper Excerpt
The West Side Bank to-day resumed. ... The West Side Bank to-day resumed business after its suspension.
Source
newspapers

Newspaper Articles (22)

Article from The Salt Lake Herald, May 24, 1884

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Goings On In Gotham. New York, 23.-The insolvent schedule of the firm of Owens & Mercer was filed to day. Liabilities $200,468, nominal assets $888,307, actual assets $28,045. Judge Donohue granted several orders permitting Receiver Davies of the firm of Grant & Ward, to adjust claims of creditors. James Keene this & fternoon told a reporter he expected to be able to pay his debts in fall if his creditors would give him a little time. To this end he makes a proposition to holders of his obligations. adjusted and unadjusted, to accept his notes dated May 1, 1884, for the full sum due them on that day, payable in twelve and eighteen months. For privileges not matured on that day he proposes to give notes for amounts received by him when the privileges were issued. Charles A. Hinkley, paying teller of the West Side Bank, Eighth avenue and Thirty-fourth street. embezzled $96,000 of the bank's funds and decamped. The embez zlement was discovered on Wednesday last. Hinkley did not appear at the bank on Wednesday morning, and not answering to a summons sent to his house, it was suspected that something was wrong. The books were overhauled and a large deficit detected. Bank officers certify that the capital stock $200, 000 is intact, and there is a surplus of $100,182. Hinkley has been connected with the bank as its paying teller ever since its organization, fifteen years ago, and was regarded as a man of most rigid integrity. Half a dozen detectives and deputy officers и atched the house of John C. Eno to night, servants admitted only intimate friends, Eno, is in bed sick.


Article from The Daily Cairo Bulletin, May 25, 1884

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UNABLE TO MAINTAIN DISCIPLINE, and among the passengers only a few were able to save themselves. Many clung to the rigging after the first shock, thinking the vessel would stand the strain, and they might be picked up when the fog cleared, but when the vessel went to pieces they were all lost. Only $96,000. NEW YORK, May 24.-There was a considerable run on the West Side Bank this morning. Cashier Dobler said that Hinckley had not been heard of, but the deficit is not over $96,000.


Article from The Democratic Leader, May 25, 1884

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TELEGRAPHIC BREVITIES. Many Matters of Importance Received Over the Wires. President Gonzales, of Mexico, wants to resign next month. An Edinburg cable says that six men were suffocated in a coal pit. Believed the loss by Philadelphia oil fire will reach several million dollars. There were more people depositing than drawing money out of the Penn bank at Pittsburg yesterday. Prapot and the other Indians have been induced to give up the sun dance and return to their reservations. Louisiana Republican Central committee virtuously kick at the methods adopted in some parishes of defeating the will of the people. West Side Bank, New York, whose paying teller defaulted with $100,000, suspended yesterday afternoon. Books being inspected. President Moore thinks they can resume in a few days. Father Boniface, of the Italian Society of St. Leonard, wants $100,000 from the Boston Herald. The paper alleged some curious monetary transactions on his part. "Tis said in Chicago that united efforts are being made by the Transcontinental Western Freight lines and Colorado pool to restore freight rates from Chicago to Colorado points. At Cleveland Detroit club 14, Clevelands 2. At New York : New Yorks 5, Providences 19. At Philadelphia : Bostons 13, Philadelphias 0. At Buffalo Buffalos 8, Chicagos 4. They're having a hot time of it in New Iberia parish, La. Two judges, only one of whom was elected, want a seat on the bench, and the rival factions are disposed to make things lively. An attempt to burn the Court house was frustrated. Six days walking match between Wm. Edwards, Australian champion, and Frank H. Hart, colored pedestrian, was concluded at Denver at midnight. Edwards won by nine miles and five laps. Score: Edwards 426 miles, 5 laps; Hart 416 miles, 10 laps.


Article from Seattle Daily Post-Intelligencer, May 25, 1884

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The Great on Fire. May 24.-The fire at PRILADELPHIA, spread during the Atlantic is sweeping over burst, the works. and night, tanks have oil made to run off the The parafine works, consist- have brick buildings. the loss being $200,000. of oil are abl ze, The and in great danger. I neveral spread ver five acres. for an fimes are continue to burn some likely the firemen feel confident that keep it confined to the oil now days they can Since 4 a. m. there have been burning. explosions. change of wind neveral It is now said and there the losses $600,000. is The no immediate situation is prospect of the fire spread oil is burning fiercely. and a it The for piercing the 25,000 barrel project to draw off the oil lookby ANDK A cannon has is under in position, but the officials been placed about surrounding prop are cantions The Belmont oil works and the arty. are regarded MR safe. 24.-At midnight fire was practi Late this afternoon tank took fire, and the were atonce fired into it, and ennon holes were made in the tank, a overal 12 pound pr jectile from A naval from howit- the whole frame poured out in torrents. and the battery men and firemen fluid. were to run from the urning obliged leave the guns to be destroyed. and then burned without doingother The oil The heavens were illuminated damage. the night by several tanks bubblung over. doring The fire will probably burn Reported Suspension. reported that the Union Bank of Trichville, Ohio, has suspended. The Money Market. NEW YORK, Money percent; closed offeaed 1; prime exchange. mer eantile piper, 5(db; sterling bankers bills, quiet but stear emand, 4.85½. Stocks and New YORK. 100% itsen. Again, Imany agreement the very erroneous of the worst m assessors make, and the cannot correct it, because other property adjoining Example- and R in the 39, and * some gra Fargo and mutton, ponitry ma 198. ail contain mineand Guemes Idden. Panl. Minuroad Company by the Collector of innip that theshiomen Manitoba from the United AO forbidden except under the lations providing for their immeslaughter. Brighton Beach Races. BRIGHTON BEACH, May 24.-Five furlong dash, all ages-Little Minch won, Plunger second, Knight Templar third. Time. 1:10½. Selling race, % mile-Bonlott won, Marsh R dean second, Mule third. Time, 1:181/4. One mile. all ages-Little Fred won, Amenic second, Fiona third. Time, 1451/2. Hurdle race, 1½ miles - Buckram wen. Roohester second, Ike Benham third. Time, 2:22%. Open Again. PITTSBURG, May 24.-The Pennsylvasia Bank opened and is doing an active basiness. with A steadv gain in deposits and no rush to secure funds. The stock today was several points above par. An Alderman shot. CHICAGO, May 24.-Alderman Michael Gaynor, shot by a tough named Jim Dacev in a saloon on the night or Ma 13th. died this morning. Gayner had been a member of the City Council four years. the Late Failures. NEW YORK. May 24.-No suspended Wall street firms have completed the Saiement of their condition. The treditors of H. C. Hardy & Sons have appointed 8 committee to suggest plans forasettiement. The Bank Defalcation. There has been 8 small run on the Westside Bank this afternoon owing to the $96,000 defaloati in of Hinekly, the mying teller. A crowd of depositors flocked in and drew their money, many only drawing A portion. The officers of the bank refused to say anything of the defalcation, but promised a statement. Hinokly has not been heard of yet. bank does not anticipate much of a roo,and has a surplus of many thousands. Renk Efotament


Article from The Dallas Daily Herald, May 25, 1884

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LACONIC LIGHTNING The Pittsburg Commercial exchange recommends the prompt passage of the bil in congre 8, which proposes to make bill of lading negotiable. At the inquiry into the Tubbercurry con spiracy at Sligo, yesterday, Patrick Delany the invincible informer, testified that "No 1" was present at the Poenix Park assassination, and that Brennan, ex-secretarv of the Land league. was a member of the Fenian directory. He also said he (witness) was one of the party who went 10 shoot Detective Sheridan. In his opinion members of the Fenian organization were en couraged to commit crime. Father Boniface. of the Italian society St. Leonard's Catholic church, Boston, whose name was connected with certain curious money transactions, has sued the Boston Herald for $100,000 demages. Timothy Low, aged 30, of Lawrence, Maasachusetts. went to the residence of Timothy Sullivan, in North Andore, where he found the two daughters of the la'ter, aged 13 and 17, alone. He grossly assented the eldest, who resisted and was choked to death. The youngest screaming for help, Low choked her till she became ins neible. Fears are entertained that she will not recover. He WaS arrested Benjamin Jonnson, the accomplice of Allen Ingalls, the resurrectionist, in the murder of the Taylor family, at Avondale, Ohio, was convicted vesterday at Cincinnati of murder in the first degree. Ingalis, it will be recalled, hung himself in his cell. The Louisiana republican state ce-tral committee has edopted resolutions strongly condemning the tactics of the democrats, especial y in the ninth and twenty-first districts, and providing for the appointment of a committee of five to collate evidence and give it publicity. Republican members of the legistature are c lled upon to use every en desvor to secure constigation of democratic out:ages. Latest advices from the fire raging in the oil WI rks near Philadelphis represent the situation unchanged. Cannon are ready to pierce the large tank when it becomes necessary. The winners at Louisville yesterday were: Venture. Long Knight, Jose Phillips and Captain Curry. The Brighton Beach racing season opened yesterday with the folowing wieners: Little Minch, Boulette, Little Fred and Beckra. Officials of the West Side bank. New York, are reticent as to the effect of Teller Henckley's embezziement upon the status of the institution They claim to have sufficient money to stand a heavy run. It is believet the amount of Henckley's embezzle ment is under-stated. Notice of temporary suspension has been placarded with the statement that depositors will be paid in full. Five thousand two hundred and twenty five immigrants arrived at Castle Garder during the past week. Three-f urths of the Arrivals are bound west. The Manhattan Elevated railway com nany has been merged into the New York Elevated. Sixty-eight chiefs of the 1 land of Tanna in a petition to Quen Victoria, pray for protection againwt the French and for anex ation to the Australian colonies. Itis stated that a united effort is making by the Transcontinental Trunk line and Colorado pools to restore freight rates from Chicago to Colorado points. Success is probable. The Times-Democrat'e, New Liberia special says reports of the trouble in that parish are very much exaggerat.d. At the Galveston county convention Hon. Seth. Shepard was chosen permanent president. Eleven delegates and sever alternates to each of the state conventions were chosen as follows Fort Worth: Hon. Seth Shep ard, N. W. Jordone, A. 8. Newsom J. M. Frisbie. C. Clark, N. W. Rhodes, o S Eaton. M. Coffee, J. Daly, C. W. Praston and John Mealy: alteronteo-M. C. McLemore H. J. Lebatt H. K. Mann, G. P Finley R. G. Street, John Levring and Pat Emmest Couston-C. C. Sweeney, Joe Owens, Jo no Wheeler R Stubbs G. W


Article from The Salt Lake Herald, May 25, 1884

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Bank Frauds. New York, 24.-In the West Side bank this morning Cashier Dobler refused to speak of the bank or its affairs. At 1.30 p.m. the bank suspended, and Dobler's silence was expiained. President George Moore says he closed because the American Exchange cleared for him. He said he had plenty of money to stand a run all day, but wanted to treat all the depositors as fairly as possible. Books are being inspected by two bank examiners. The president says they will have their statement ready shortly. The bank paid no interest; the directors and offi cers of the bank were in the building all day, but they refused to talk. All kinds of rumors are about in regard to Hinkley's defalcation. One was tbat Hinkley didn't content himself with $96,000. Hinkley is not yet heard from. President Moore said that he was sure that after the books are thoroughly examined no greater amonnt than $96,000 will be found missing, and that resumption of business will take place shortly.


Article from The Salt Lake Herald, May 25, 1884

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Another Run. New York, 24.-There has been a small run on the West Side Bank this afternoon, owing to the $96,000 defalcation of Hinckley, paying teller. The erowd of depositors flocked in and drew their money. Many only drew a portion. The officers of the bank refused to say anything of the defalcation, but promised & statement. Hinekley has not been heard of yet. The bank does not anticipate much of a run, and has a surplus of many thousands. It is stated the to'al liabilities are $1,800,000, and the bank had to meet them $1,700,000 in business paper and $200,000 in money; $600,000 of the paper matures within the next three weeks. It is understood some banks of the Clearing House Association were asked to share with the American Exchange the responsibility of assisting the West Side Bank. The proposal was not aecepted, however, and then the American Exchange refused to continue making its changes.


Article from Daily Kennebec Journal, May 26, 1884

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NEW YORK FAILURES. Another Bank Closed its Doors-Warrants Issued for the Arrest of John C. Eno and Jas. D. Fish. 1 NEW YORK, May 24. At 1.30 P. M. the doors of the West Side Bank were closod. The president stated that the American exchange had refused to clear for them. The following notice was posted With the deepest sorrow we have to announce the suspension of this bank. A statement will be prepared at once, and depositors will be paid in tull, and we hope to resume again, and merit the continuance of your past favors. It has been learned that warrants were issued today by the U. S. marshal for the arrest of John c. Eno, late President of the Second National Bank, and Jas. D. Fish,lat president of the Marine National Bank. In the afternoon two deputies visited the house of Eno and insisted on searching the premises. The alarmed inmates refused to allow the search, and the police officer on the beat was called in He explained that the marshal had a right to examine the house to see if Eno was in it. They did so, from top to bottom, but without finding any trace of Eno. Where he is now it is difficult to say. The detectives keep up their watch, however, on Eno's house. The arrest of Jas. D. Fish, late president of the Marine Bank. was reported shortly after midnight, on a warrant issued by U. S. Commissioner Shields. Fish was arrested at Mystic Flats, Broadway and 39th streets, where it is said that he has been concealed. He was not taken before n magistrate. and is still in the custody of the Deputy Marshal who made the arrest. The warrant was issued on the affidavit made yesterday before Commissioner Shields by Augustus Scriba, national bank examiner. He deposed that after a careful examination of the books of the bank he found that the president had misappropriated $1,141,000 belonging to the bank. This was done between March 1 and May 7,by a series of credits to the firm of Grant & Ward of invoices in sums of from $25,000 to $150,000, and they were entered on books of banks as loans to imaginary persons and secured by collaterals in stocks and bonds, none of which loans have ever been made, and the transactions were ficticious. The affidavits in conclution sets forth the following "Upon diverse days between March 1st, 1884, and April 18th. 1884. in pursuance of direction and authority of James D. Fish as president, all the sums so credited to the firm of Grant & Ward amounting to $375,000 were drawn out by said ffrm and paid to them on their written order. Between April 17th and May 6th, inclusive. James D. Fish, as president, caused to be paid out of the money belonging to the National Banking Association'to or upon the order of Grant & Ward and for the benefit of himself and said Ferdinand Ward, further sums in excess of all credits to said firm amounting to $766,402. at the time of the over drafts, he (James D. Fish) well knowing the firm of Grant & Ward were then unable to repay the sume so overdrawn and the firm being then indebted to the bank to the amount exceeding 81,634,000. The total indebtedness of this augumented being six times the capital stock of the banking association." Fish will be brought before Commissioner Shields tomorrow.


Article from Evening Star, May 26, 1884

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Bank Officers in Jail. THE RESULTS OF SPECULATION-PRECIDENT JOHN a ENO EVADES ARREST-SUSPENSION OF SIDE BANK, ETC. James D. Fish, the late president of the Marine bank, was arrested last night at the Mystic flats, where, it is said, he has been in concealment The warrant was based upon an amdavit of Bank Ex. aminer Scriba, who states that Fish misappropriated $1,141,000 of funds belonging to the bank, by to Grant & Ward. These amounts were on the bank's books as loans to imaginary and secured by imaginary collateral. Ferdinand Ward, in Ludlow street Jall, says that as HOOD as his nerves are composed be will prepare a public statement. Yesterday he was visited by his wife, his lawyer and his brother-in-law. A warrant was issued Saturday for the arrest of John C. Eno, the president of the Second National bank, on the complaint of the directors. thor. ough search of his house failed to and him, and he is believed to have fied. Adam Brahender, president of the defunct Erte county, Pa., savings bank, is now in Jail. He lost about $250,000 of the bank's money in oil and grain speculation. The run on the West Side bank, New York city caused by the defalcation of the paying teller of $96,000, mentioned in Saturday's STAR, resulted on Saturday afternoon in the suspension of the bank The officers state that they will have a surplus of $1,000,000 after paying all depositors, and they suspended only as a matter of precaution.


Article from New-York Tribune, May 26, 1884

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MONEY AND BUSINESS. The remarkable statement published by the banks on Saturday, at a time when the stock market seemed to have commenced a vigorous recovery, caused uncertainty of feeling and irregular trading for the rest of the day. It was called 'inexplicable" by many, because the decrease in resources, $28,352,300, did not compare with the decrease in deposit liabilities, $20,625,400. But it is not difficult to perceive that the issue of about $8,000,000 loan certificates, not included anywhere in the cash reported, and the deduction of a corresponding amount of securities from the loan averages of the individual banks, might account for the discrepancy. In itself, the large decrease in cash held would not have caused much surprise. It had been known for some time that large amounts had been withdrawn from the banks, both by other banks in the interior and by savings banks and individual depositors, nor did such demands necessarily imply distrust, at a time when many institutions throughout the country were obliged to provide against the sudden assaults of unreasoning panic. The fact appears that, notwithstanding this natural drain and the great shrinkage in the credits of brokers and operators, the decrease in amount of deposits had been less than one-tenth since May 3, after allowance for the stoppage of the Marine Bank. Rightly considered, this shows a remarkable confidence in the soundness of the New-York banks. Exclusive of the Marine, the aggregates of that date and of last Saturday compare thus: Difference. May 24 May 3. $813,178,000 $24,241,500 $337,419,500 Loans 31.386,300 296,575,300 327,961,600 Deposits 45,510,000 9,438,100 54,948.100 Specie, 22,026,700 5,835,100 27,861,800 Legal Tenders $67,536,700 $16,273,200 $82,809,900 Reserve Considering how serious has been thedisturbance through which the banks have now passed, and how they are now united for mutual defence, it is doubtful whether it would not have been wiser to publish the usual detailed statement on Saturday. Withholding information might easily cause more apprehension than a full statement under such circumstances. It appears that, not including the loan certificates in any form, the relation of reserve to liabilities is quite as favorable as it was in March of last year, and that the reserve held is actually larger than at that time, or in April, 1880. Nor does it appear that the banks have caused trouble by undue contraction of loans. Assuming that about $8,000,000 of collaterals have been used for loan certificates, the contraction of loans does not appear to have been more than tive per cent in three weeksa rate which hardly justifies current reports that the banks have been forcing sales of collaterals in vast amount. It would be much more just criticism to say that the banks might have avoided a great part of the difficulty, had they refused last year or last winter to lend so largely as they did in support of speculative operations. The closing of the West Side Bank on Saturday does not appear to have had any other cause than the misconduct of the runaway official, and there is much reason to suppose that the associated banks were stronger at the close of the week than their averages indicated. It appears from Treasury statements that


Article from Eureka Daily Sentinel, May 27, 1884

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tion. bad reputation. New York Stock Market. WALL STREET, May 26.-Stocks opened weak and declined from one-half to 2½: Jersey Central dropped 24 to 2½; Lackawanna to 2%; Northwestern to 2½; Illinois to 14; New York Central to 1%; Western Union to 1, and before 10:40 recovering one-half to 14; Union Pacific and Missouri Pacific sold up to 40 and 67%. Noon, May 26.-Lackawanna dropped to 90%, and others followed. Lackawanna then returned to 92. Others rose onequarter to three-quarters. At noon the market was strong. Bar silver 11. An Opinion by Charles Francis Adams. BOSTON, May 26.-The Advertiser's interview with Charles Francis Adams, who examined the condition of the Union Pacific Railroad, says: Adams says that a general reduction of expenses will be made. He says that during the remainder of the year the net earnings of the road would show & favorable comparison with those of last year. The passenger traffic is quite good, and there is & prospect of good freight business at the usual rates. Returned to Work. FALL RIVER, Mass., May 26.-The spinners of the Union mills returned to work at reduced wages this morning. Some of the Border City mills strikers also returned. One mill is running full, and others are nearly full at Wampano. The Chase and the Slade mills strikers offered to return if taken back in & body. The manufacturers refused to turn out competent knobsticks. Only a few more spinners are needed in the three mills. Work in the House. WASHINGTON, May 26. House-Bills were introduced and referred to Jordan, to develop the resources of Alaska, and to open overland communication there with money; granting pensions to all honorably discharged soldiers of the rebellion when they reach the age of 45; the Senate amendment was concurred in of the bill providing a muster of certain officers and men in the volunteer forces. The contested election case of Wallace VS. A. McKinley was taken up. Gave Bonds in $30,000. NEW YORK, May 26.-Fish, the President of the Marine Bank, was arrested yesterday. He appeared at the United States Commissioner's office this afternoon and pleaded not guilty, of applying to his own use money belonging to the United States Bank. The Court fixed his bail at $30,000, and Fish procured bondsmen for the amount. A Disastrous Hoax. NORWALK, Conn., May 26.-A stupid local paper published a long article last Friday, stating that there was & steady run on one of the oldest banks in the city. Excited depositors started a run, which took $30,000 from the Norwalk Savings Bank before the alleged joker explained that he referred to a gravely bank. The on Works Continue to Burn. PHILADELPHIA, May 26.-The fire at the oil works of the Atlantic Refinery Company continues to burn, but it is thought the danger is now past. Early this morning three tanks, containing 4,000 barrels of oil exploded, but the oil burned itself out without doing further damage. Only one tank containing 14,000 gallons, in barrels, was in flames. The estimate to-day places the loss at $400,000. A Settlement With Employes. PHILADELPHIA, May 26.-It is officially stated that the employes of the Reading Coal & Iron Co. will be paid in cash. The miners and other employes have been paid in 30-day certificates. Scrip was only issued for April and May bills, and not for the regular employes. This averts a threatened trouble. Fatally Shot. NEW YORK, May 26.-William Foster aged 47, a local politician, was fatally shot last night near his home, 26 Cherry street, and John Kearns, a saloon-keeper, was shot in the leg. Edward Kelly, who used the pistol, escaped. Foster interfered to stop a fight. Will Shortly Resume. NEW YORK, May 26.-The West Side Bank claims that it will shortly resume. Nothing is known of the whereabouts of the defaulting teller Hinckley. Another Bank Closed. GREENBAY, Wis., May Strong's bank closed its doors this morning. No particulars. Rubber Factory Burned. READING, Mass., May 26.-The Mayoll rubber factory is burned. The loss is $200,000. Shads. Shads


Article from Memphis Daily Appeal, May 28, 1884

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NEWS IN BRIEF. Worcester, May 27.-The Brierly Cotton-Mills at Millbury burned. Loss, $50,000. Erie, Pa., May 27.-The thirty-first annual conclave of the Pennsylvania Knights Templar met in this city to-day. Augusta, Ga., May 27.-On account of depression in the cotton goods trade the mills here are cutting wages and time of work. Rockport, Mass., May 27.-The first message by the commercial cable was received: at Rockport yesterday noon from the Faraday. Lexington, Ky., May 27.-B. J. Creacey was fined $500 for publishing a slanderous card about Circuit Judge Morton. Three newspapers which printed the card are under indictment. Cincinnati, May 27.-A meeting of Irish Catholics at Hibernia Hall to-night pro. tested against the action of the Italian government in reference to confiscating the property of the Propaganda at Rome. Petersburg, Va, May 27.-Inge & Mahone, large tobacconists, have made a deed of trust for the benefit of their creditors. Liabilities unknown. The junior member of the firm is the oldest son of Senator Mahone. New York, May 27.-A false rumor was circulated here, and probably in other cities, this morning that Secretary Lincoln was killed. The Secretary was at his desk in the War Department to*day in his usual health. New York, May 27.-The State bank superintendent, after a careful examination, states that the West Side Bank has a surplus, over and above liabilities, of $63,699. The bank will resume as soon as arrangements can be made with another bank to represent it in the Clearinghouse. Fall River, May 27.-The strike is over. The end of the week will find all striking spinners at work again if they can find work in the city. The strikers lose sixteen weeks wages and spent from $10,000 to $16,000, accumulation of four years, and $10,000 more contributed by sympathizers. Fredericksburg, Va., May 27.-Confederate decoration was observed to-day. Business was suspended. A floral shield and dove from the Grand Army corps, Washington, was suspended on the Confederate monument. The Confederate Veterans will join in the observance of the National decoration day. New York, May 27.-United States District-Attorney Root lodged a warrant for the arrest of Ferdinand Ward in the Ludlow Street jail to-night, on complaint of Bank Examiner Scriba, who charges that Ward aided and abetted President James D. Fish in misappropriating the funds of the Marine Bank. New York, May 27.-The United States commissioner holds in their own recognizance Thomas W. Evans, Cornelius F. Thompson and John B. Dickson, bank officers, for violation of the law to prevent the certification of checks for a greater amount than on deposit at that time, The bank claimed that the checks were marked "Accepted," not certified.


Article from Plateau Gazette and East Tennessee News, May 29, 1884

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C. A. Hinckley, the teller at the West Side Bank, New York, who lelt his post with $90,000, occasioned a run on the Bank, and its subsequent suspension.


Article from Weekly Phoenix Herald, May 29, 1884

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FIRST MESSAGE. ROCKPORT. Mass., May 28-The first message by the commercial cable was received at Rockport yesterday afternoon. AN ARKANSAS BANK CLOSED. HOT SPRINGS, Ark., May 28-The Hot Springs National Bank closed its doors yesterday, owing to a run on the reported absence of the President, Andrew Brown. Liabilities, $40,000. A run has commenced on the Arkansas National Bank, at Hot Springs, which is understood to be in good condition. Great excitement.. WILL RESUME. NEW YORK, May 27.-The West Side bank claims that it will shortly resume. Nothing is known of the whereabouts of the defaulting teller, Hinckley,


Article from The Bee, May 31, 1884

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NEWS OF THE WEEK. Eastern and Middle States. Ex-Judge WELCOME R. BEEBE, seventy years of age, the oldest practitioner in the United States district and circuit courts, was struck by a locomotive near Plainfield, N. J., and crushed to death. FERDINAND WARD was taken to Ludlow Street jail, New York, and installed in the quarters once occupied by William M. Tweed. FIVE new bishops were consecrated at the Philadelphia. Methodist Episcopal General conference, in CHARLES A. HINCKLEY, paying teller of the West Side bank, of New York, disappeared from his desk and home. Investigation by the bank officers showed that there was good reason for Hinckley's disappear ance, as he had stolen $85,000 of the institution's funds. By a collision between two trains at a cross ing near Rochester, N. Y., seven sleeping cars were thrown from the track, and twenty per. sons were injured, including Prince Yama shina, a Japanese youth of sixteen on his way to study in England, and eleven of his suite. THE trustees of the LeMoyne crematory. at Washington, Penn., have decided that after August 1 the use of the crematory will be limited to residents of Washington county. UNABLE to stand the run upon it resulting from its paying teller's defalcation of $85,000, the West Side bank, of New York, closed its doors. This made the third bank that had failed in New York within a fortnight. THOMAS P. GRINNELL, a New York million. aire, shot himself to death at his residence at midnight after returning home from his club. Two express trains collided at Savannah, N. Y., with a terrific crash. Four men were killed and six others injured, one or two with probably fatal result. A WARRANT was issued by the United States commissioner in New York for the arrest of John C. Eno, the former president of the Second National bank, on the charge of misapplying to his own use $2,120,000 of the institution's money. James D. Fish, late president of the suspended Marine National bank, and special partner of Grant & Ward, was also arrested, charged with misappropriating $1,400,000 of the institution's funds. IGNITION of the oil stored in one of the largest tanks belonging to the Atlantic Oil Refining company at Philadelphia resulted in a disastrous conflagration. Thirty large tanks filled with oil caught fire, and an estimated damage of $400,000 was inflicted. ADAM BRABENDER, the defaulting president of the Erie (Penn.) Erie County Savings bank, was removed from his residence to the county Jail for the purpose of protecting him from violence at the hands of an indignant crowd. HENRY WARD, a resident of Philadelphia, was knocked down, jumped upon and bitten to death by a large hog that he owned. JOHN CARPENTER, an ex-convict of New York, stabbed and killed his wife, who had obtained a divorce from him, then dangerously stabbed her sister, and wound up his bloody work by inflicting serious wounds upon himself. Six years ago he stabbed a woman in church, mistaking her for his wife, and for that crime had only recently come from prison. THREE boys, aged respectively seventeen, twelve and eleven years, were drowned by the upsetting of a raft which they were propelling on Beaver river, at Croghan, N. Y.


Article from Eureka Daily Sentinel, June 1, 1884

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The Delegates to the Chicago Convention Arriving. THE CALIFORNIA AND NEVADA DELEGATIONS GET A FINE RECEPTION. New Yorkers Advancing the Interests of Mr. Arthur. A WASHINGTON BANK MAKES AN ASSIGNMENT. Howard, the Bank Robber, Arrested at Waukesha, Wis. [SPECIAL TO THE SENTINEL.| The Rush to Chicago. CHICAGO, May 31. - The weather is steadily growing warmer, and the political atmosphere, apparently in sympathy, is becoming more heated. This morning witnessed the arrival of & large contingent of delegates, mainly from the Southern States, who came in in independent detachments, and representing irregularly all portions of the South. There were & number of arrivals from Iowa, and practically the entire delegation from that State is now in the city. Two Blaine delegates came in from the Eighteenth Ohio District, and they were accompanied by somewhat over 100 vistors. They marched to their hotel from the depot in & solid body. The event of the morning was the arrival of the California and Nevada delegations, whose transit easiward has already been very widely heralded. They were met at the depot by & delegation of citizens, and preceded by martial music. They marched to their quarters at the Palmer House, the ladies and gentlemen of the party alike taking part in the procession, until their arrival in the hotel lobby, where dense crowds had collected. The delegations gave three cheers for the gentleman from Maine and separated. The rooms set apart for the reception of the delegation of business men from New York by the business men of this city in advancing the candidacy of Mr. Arthur are being rapidly decorated in anticipation of the arrival of the party from the East at 3 o'clock this afternoon. At the Grand Pacific Hotel, the managers in charge of the movement in the interest of Senator Logan have thrown open two large parlors on the first floor in place of more contracted quarters heretofore occupied by them. It is estimated that about 300 delegates are now in the city. The National Committee will begin its session at noon to-day. The National Republican Committee held & session, beginning to-day, all the States and Territories being represented, with the exception of Louisiana, Florida. South Carolina and Utah. No business was transacted beyond arranging for the distribution of tickets of admission to the convention, and appointing I. M. Beau of Wisconsin and James Stone of Michigan reading clerks. Adjourned to 7P. M. The special train furnished for the Washington correspondents attending the Chicago Convention by the Baltimore & Ohio Railroad reached Chicago at 8 this morning. Their. actual running time between Washington and Chicago, 850 miles, was 21 hours. Caught in an fee Nip. Sr. JOHNS, N. F., May 31.-The Newfoundland sealing brig Confederate, Capt. Thomas Green of Harbor Grace, with & crew of 79, was caught in a formidable ice nip in Notre Dame bay on April 28, and thrown completely on an ice floe. The ship lies on her side, with her yard arms on the 100. On the 20th of May five of the crew volunteered to travel to land, distant nearly 20 miles, and report the situation. They arrived last evening, and report all the provisions exhausted except the bread, and the last pound of fuel was exhausted. There is & frozen ocean of ice all around, and as the ship is thus beset, is now drifting out to sea. There is danger of the whole crew being starved to death. A powerful sealing steamship will be at once dispatched to their rescue. New York intelligence. NEW YORK, May 31.-The West Side Bank to-day resumed. President Arthur had a few callers this morning. He leaves for Washington this afternoon. The Japanese Prince, Yumanhina, and suite sailed for Europe to-day. The Chief of Police received a dispatch to-day from the police at Quebec, saying that John C. Eno, the absconding exPresident of the Second National Bank, was arrested and sent to this city. What Rossa and Joyce Say. NEW YORK, May 31.-Rossa says: We have got England at last. It will not be long before she will be on her knees. Last


Article from The Daily Enterprise, June 2, 1884

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THE LATEST NEWS. The West Side bank of New York has resumed business after its suspension. The firm of D. W. Middleton & Co., bankers at Washington, has assigned. Harvey D. Parker, proprietor of Boston's leading hotel,the Parker house, is dead. The failures of last week in the United States and Canada was 177-55 less than the week preceding. Heavy frosts have done great injury to vegetable and fruit crops in the eastern and middle states. At Philadelphia during a quarrel between a man named Fitzpatrick and his wife, their son interfered and struck his father, when the latter killed his son. Nubar Pasha, Prime Minister of Egypt, is prepairing a statement to the powers showing that Egypt is unable to support the present rate of taxation. The land tax is often greater than the gross value of the crops. Ar explosion of dynamite wrecked the building called Scotland Yard occupied by the London detective force. Five persons were injured, probably fatally, and several others less seriously. The dynamite had been placed in an unused part of the building and exploded by a fuse. Rochfort, the celebrated Paris journalist, makes a violent attack through his paper on Gen. Grant on the ground that he was openly unfriendly to France during the Franco-Prussian war and since-an unfriendliness which Rochfort says was intended to capture the German-American vote at future elections.


Article from Daily Republican, June 2, 1884

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General Summary. Alexander Sullivan, President of the Irish National League of America, was asked last evening, in Chicago, wheth er the nomination of Blaine would cause any considerable number of Irish votes to be transferred from the Democratic to the Republican side. Hesaid that his position forbade expression from him on the subject, but laughingly remarked: I'll say this, nominate Phil Sheridan, and you have the Irish vote." Eli Heiney, one of the Buzzard gang of Ephrata Mountain thieves, was sentenced in Lancaster, Penna., on Satur urday, to six years' imprisonment. Daniel Hornberger,another of the gang, was sentenced to imprisonment for four years and three months. Isaac Brenzier and Mrs. 'Abe" Buzzard were acquitted. Right Rev. Benjamin Boeworth Smith, Bishop of Kentucky. the Presiding Bishop of the Protestant Episcopal Church in the United States, died on Satnrday morning, in New York. He was a native, of RhodeIsland, andlin two weeks more, had he lived, would have completed the 90th year of his age. Colonel Nellis Borden, formerly of Louisville, and a man named Lineback fought a duel at the mouth of a inica mine in Mitchell county, North Caro lina, on Friday. The trouble arose from a dispute as to the ownership of the mine. Pistols were used and Borden was shot dead. Charles Farciot, of the firm of Farciot & Wehrle, wine dealers of Sandusky, Ohio, disappeared on the 12th of May, and it has since been ascertained that he involved his partner to the extent of about $35,000. It is supposed he has gone to Europe. The West Side Bank, of New York, resumed business on Saturday morning, after a suspension of nearly a week. There was much less of a run upon it than had been expected, and considerable deposits were taken in. The schooner Macia Reynolds, from Philadelphia, for Galveston, with a cargo of coal, sank off Long Key, Florida, ou the 23d inst. All hands were landed at Alligator Lighthouse, and areawaiting passage north. Patrick Kennedy bad his skull frac. tured by being struck with a beer glass by John Hefferman, in the latter's saloon, in Brooklyn, yesterday. Kenne dy's recovery is doubtful. Hefferman was arrested. Julins Dietrich, supposed to be insane, shot his wife and bimself in San Francisco, on Saturday night. He died yesterday morning, but his wife is expected to recover. Joseph Eiden, an engineer in the Lackawanua Iron and Coal Company's mill at Scranton, Penna., was killed on Saturday morning by being caught in the belting of the machinery. The second game of billiards between George F. Slosson and Jacob Schaefer, in Chicago, on Saturday evening, was won by the former, the score standing, Slosson, 800; Schaefer, 654 The Courtney-Ross race at Oak Point, New York, was again prevented on Saturday by the roughness of the water, and was postponed until Saturday next. Miss Permil Chaffee, a well-known society belle of Natchitoches, Louisiana, was drowned at a friend's place on the Red River on Friday morning. Lyle's block at Morrisburg, Ontario, occupied by several stores and the Masonic Hall, was burned the ameday. Loss, $25,000. A fire in Paducah, Kentucky, on Saturday night dear yed Rick's store and the Knight complar Hall, causing a loss of $50,000. A. W. Corbitt & Son's establish2 ment" Aunapolis, Nova Scotia, was burned Satu rday. Loss $45,000.


Article from The Indianapolis Journal, June 2, 1884

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Notes. Barber & Co., Woolen merchants, of Toronto, Ont., assigned on Saturday, with $80,000 liabilities. The West Side Bank, of New York, reopened on Saturday. Depositors drew out $13,000, and paid in $300,000. A Greensburg, Pa., special says the depositors in the Union Deposit Company will not receive three cents on the dollar. D. C. O. Howard, charged with robbing a Monmouth, IH., bank of $150,000 was arrested on Saturday at Waukesha. At New York Ferdinand Ward made a assignment on Saturday. His individual liabilities are $659,000; nominal assets, $977,000; actual assets, $3,500. Stratton & Co., of Petersburg, Va., wholesale liquor dealers, confess judgment in favor of the Planters' and Mechanics' Bank, to which they are indebted $33,000. Jas. Hanson, sash. door and blinds manufacturer, 231 West Third street, Cincinnati. has assigned for the benefit of creditors. Assets about $15,000; liabilities in excess of assets.


Article from The Bolivar Bulletin, June 5, 1884

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MISCELLAN EOUS. POPULAR subscriptions have been called for in London to send a British battery to compete at the Quebec artillery contests. IT has been decided by the Methodist Episcopal Conference at Philadelphia to increase the number of General Conference districts from twelve to thirteen. ENGLAND is said to have agreed to evacuate Egypt within three years, and to allow an international board to rule. GREAT excitement has been caused at Oak Creek, Wis., over the fact that a man sawed off the legs of his dead uncle because he was too long to fit a coffin. THE State Department has decided that the Chinese restriction act will not apply to prevent Chinamen from making an exhibit at the New Orleans Exposition. IN Norwalk, Conn., a newspaper published a report that there was a run on a local bank, and by the time an explanation could be made that it was all a joke (a sand bank being meant) the run had taken place and the bank was nearly out of currency. IN Detroit, Mich., at the closing meeting of the Foreign Missionary Society, it was voted to begin work in the Congo region with an expenditure of $30,000 per annum. ON the 27th delegates from the Peace Union called on President Arthur. THERE was a decrease of $2,000,000 bushels reported in the visible supply of wheat on the 27th. THE corporation of Limerick. Ireland, refuses to pay money demanded for extra police. THE British House of Lords has adjourned until June 9: the House of Commons until the 5th. ON the 27th the first message over the Bennett cable was received at Rockport, Mass. ON the 27th David Stone, the brutal child-murderer of Michigan, was sent to the Penitentiary for life. AT Augusta, Ga., the cotton mills are cutting wages and time work on account of depression in trade. THE American Congregational Association began its thirty-first annual session in Boston on the 27th. AT the National horse show, in progress at New York, one fine animal owned by U. S. Grant, Jr., took a second prize. THE surplus of the West Side Bank of New York over and above liabilities is found to be $63,699, and the bank will resume. THE strike of the spinners at Fall River, Mass., is over, and the strikers are returning to work, after having lost sixteen weeks' wages. FROM all parts of the United States crop reports indicate the largest apple yield ever known; peaches, half a crop; and a large crop of small fruits. ADVICES from San Autonio, Tex., are to the effect that the floods along the Brazos have caused great loss of stock and damage to cotton lands. RECENT hurricanes in Spain have destroyed many vineyards, rains have inundated towns and the people have been compelled to take refuge on the tops of houses. Relief boats have been sent out from Madrid. THE Pittsburgh (Pa.) stove manufacturers have notified employes of a reduction of fifteen per cent. in wages. A strike will probably ensue,


Article from The Sun, June 19, 1884

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How are the Mighty Fallen? New York Letter. The calamities connected with the recent panic culminated in the suicide of Thomas Grinnell. He was in a good financial condition, but was the victim of fear and anxiety to a degree that drove him mad. No one out-side of Wall street can form any idea of the intensity of the excitement at such a time. The deceased was a brother of George B. Grinnell (also a leading stock operator), and the tragedy throws a shadow over a wide circle of the highest class of societv. Other fatal consequences may be expected, and indeed it is expected that the Ward & Grant collapse will kill Gen. Grant. He is much shattered and has really suffered more than he did during the whole war. The friends of James D. Fish also say that this will be the death of him. A few days ago he considered himself worth a million and a half and was president of a bank whose stock was in demand at 167. Now the bank is ruined and he has been arrested and is under bail. Considering his time of life, it would not be surprising if these misfortunes proved fatal. George I. Seney, being younger, has a better chance of surviving. but he too is a ruined man. and has ruined one bank (the Atlantic) and has almost ruined another (the Metropolitan), besides the injury inflicted on the West Side bank. As one views the array of prostrate magnates one cannot but exclaim: "How are the mighty fallen?"


Article from Boletín Mercantil De Puerto Rico, June 20, 1884

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peculio $3.500,000 y los directores del Banco $500,000 para cubrir el déficit y permitir que el establecimiento continuase sus operaciones. En virtud de los informes presentados por el examinador oficial de Bancos, Mr. Scriba, el Comisario de los Estados-Unidos expidió órdenes de prisión contra Eno y Fish por malversación de fondos de Bancos nacionales; al primero no se lo encontró en su magnífica residencia de Park Avenue, que fué registrada por los alguaciles desde el sótano hasta el último piso, á pesar de las protestas de la atribulada esposa del fugitivo, á quien suponen algunós en el Canadá. En cuanto al ex-presidente del Marine Bank, Mr. Fish, fué preso en sus habitaciones de Broadway y calle 39. Según el informe de Mr. Scriba, la malversación de fon los de que se acusa á Mr. Fish se eleva à $1.141,000. A los gravísimos escándalos de estos dias hay que agregar la suspensión de otro establecimiento de crédito, el West Side Bank, cuyo empleado Hinckley le robó hace algunos dias $97,000 de los cuales solo $10,000 de la fianza prestada por aquél ha podido recobrar hasta ahora el Banco. Créese que éste podrá reabrir en breve sus puertas: Hinckley no ha sido preso y se ignora si ha salido de la ciudad. Mr. Ferdinand Ward, el joven financista retirado forzosamente del muudo de los negocios en que tan enormes desastres ha causado, signe en la cárcel de Ladlow, y entretiene sns ocios en escribir una historia de sn portentosa carrera en Wall Street. "El Napoleon de los especuladores" dice may fresco á quien quiere oirle que la publicación de su antobiografía hará aumentar de un modo muy notable las listas de pasajeros qne saldrán para Europa á tomar aires. Un periódico aconseja "á cuantos, conociendo el estado de los negocios de Ward, le obligaban á declarar dividendos y repartir ganancias imaginarias," que emprendan el viaje antes de que se imprima la nueva obra le Mr. Ward. I Buena está la situación financiera, y buenas cosas se preparau!"