34384be9d89071f4None
Click image to open full size in new tab
Another Savings Bank Closes its Doors. WILKESBARRE (Pa.), July 2d.-The Plymouth Savings Bank, of Plymouth, suspended this afternoon. The assets and liabilities are unknown. It is rumored that the bank discounted nearly $100,000 worth of paper, which crippled it for the present, and to avoid a run the doors were closed. The depositors are mostly miners and laborers.
Click image to open full size in new tab
A Bank Suspends. WILKESBARRE, PA., July 2.-The Plymouth Savings Bank, at Plymouth, suspended this afternoon. The assets and liabilities are unknown. It is rumored that the bank discounted nearly of worth paper, $100,000 institution which crippled the for the present, and to avoid a run the bank closed its doors. The depositors are mostly miners and laborers, and as the bank has always been looked upon as being well established, no excitement prevailed. Abram Nesbit, of the Second National Bank of Wilkesbarre, and Geo. K. Powell, an attorney, will to-morrow be appointed receivers. It is said that the bank will be able to meet all payments inside of three months.
Click image to open full size in new tab
A Savings Bank Suspends. WILKESBARKE, Pa., July 2-The Plymouth Savings Bank, Plymouth, suspended this. afternoon. The assets and liabilities are unknown. It is rumored the bank discounted nearly $100,000 worth of paper, which crippled it for the present, and to avoid a run the doors were closed. The depositors are mostly miners. and laborers. Abram Nesbitt, president of the Second National Bank of Wilkesbarre, and George
Click image to open full size in new tab
SAVINGS BANK SUSPENDS PAYMENTS. A IBY TELEGRAPH TO THE TRIBUNE. I WILKESBARRE, July 2.-The Plymouth Savings Bank, of Plymouth, closed its doors this afternoon. No reason was given for the suspension, the simple announcement being made that it was only temporary. At this hour it is impossible to learn the assetsor liabilities, but there is a general impression that the depositora will eventually be paid in full. The bank is an old one and has always been conducted on conservative principles. Ira Davenport is the president and he was not to be seen this evening. The suspension has created the greatest excitement in Plymouth, as a great number of the miners who compose almost the whole population had deposited their savings in the bank. Abram Nesbitt, president of the First National Bank of this city, and George K. Powell, lawyer, of this city, will to-morrow be appointed receivers of the suspended bank.
Click image to open full size in new tab
THIS MORNING'S NEWS. In New York yesterday Government bonds were quoted at 118½ for 4s of 1907, 1113/4 for 41/28 ; sterling, $4 84@4 86; 100 for 3s ; silver bars, 110. Silver in Lendon, 50%d; consols, 99 13-16d; 5 per cent. United States bonds, extended, 105; 4s, 1213/2; 41/28, 113½. In San Francisco Mexican dollars are quoted at 891/4@89½ cents. The San Francisco Stock Board stands adjourned to 11 A. M. on Monday, July 7th. Six thousand inhabitants have fled from Marseilles on account of the cholera. War is again imminent between France and China. Charles Hoeft was sentenced at Napa yesterterday to eighteen months' imprisonment for forgery. At San Jose, yesterday, Frank McKenna shot and killed himself. The funeral of the victims of the Wellington (B. C.) colliery disaster took place Wednesday. The Gloucester (N. J.) Savings Institution suspended yesterday. The cholera deaths at Toulon average ten daily. A fire at Chelsea, Mass., yesterday, caused a loss of $500,000. During the six months ended July 1, 1884, the business failures in the United States numbered 5,510. In New York, Wednesday, nine cases of sunstroke occurred. A strike of agricultural laborers is in progress in the Venetian and Mantuan provinces. The Plymouth Savings Bank, of Plymouth, Pa., has closed it doors. A 16-year-old boy had a narrow escape from death on Kearny street, San Francisco, yesterday. A German named Fesenthal, aged65, was found dead in his room yesterday at San Francisco. A mysterious explosion of giant powder is agitating the people of Nevada City. Both houses of Congress will meet to-day as usual. Fifty boys and nineteen girls have graduated from the cigarmakers' school at San Francisco.
Click image to open full size in new tab
WILKESBARRE, Pa., July 2.-The Ply. monta Savings Bank of Plymonth 804pended this afternoon. Assets and linbilities unknown. It is rumored the bank discounted nearly $100,000 worth ofpaper, which crippled is for the preesall to avoid a run the doors were Depositors are mostly miners glosed. inborers. Abrabam Newbitt, President of of the Second National Bank of Wilk sharre, and Ge. K. Powell, attorany. will, tomorrow, be appointed IPnivers. The appointment of these gemtiemen leaves an impression smong de positors the bank will be able to meet - Vehilities within a few weeks.
Click image to open full size in new tab
1884 Corresp'g weeks. Past Previ's States. week. week. 1883. 1882. 1881. Middle 42 40 29 21 16 15 18 6 14 New England 11 Southern 27 33 17 17 6 Western. 47 52 53 34 11 Pacific and Territories 12 13 31 13 1 ! I Totals 146 153 136 99 45 Canada 22 19 16 7 4 About 77 per cent. were those of small traders whose capital was less than $5,000. Among those reported embarrassed and suspended were Hodges, Hersey & Co., straw goods manufacturers, and Jacob Basch & Sons, shoddy manufacturers, New York city; Marsh Binder Manufacturing Company, Sycamore, Ill.; Chicago Instalment Book Company and G. W. Borland & Co., books, Chicago; Andrews & Hitchcock, coal and pig iron, Youngstown, Ohio; Mellis Brothers & Co., wholesale millinery, Portland, Oregon, Plymouth (Pa.) Savings Bank and the City Savings Institution of Gloucester, N.J. In the principal trades they were as follows: General stores, 20; grocers, 19; liquors, 13; manufacturers, 10; produce and provisions, 9; paper, books, etc., 7; hardware and agricult ural implements, 6; banks and bankers, 5; dry goods, 5; furniture, 5; bakers and confectioners, 4; carriage and blacksmiths, 4; clothing and cloth, 4; drugs, 4; fancy goods, 4; millinery and straw goods, 4; harness, 3; men's furnishing goods, 3; tobacco and cigars, 3; cotton, 2; coal and wood, 2; shoes, 2. The failures from Southern States were:
Click image to open full size in new tab
Bank Suspension. WILKESBARRE, Pa., July 2.-The Plymouth savings bank, of Plymouth, suspended this afternoon. The assets and liabilities are unknown. It is rumored that the bank discounted nearly $100,000 worth of paper which crippled it for the present, and to avoid a run the doors were closed. The depositors are mostly miners and laborers. Abram Nesbitt, president of the Second national bank, of Wilkesbarre, and George K. Powell, attorney, will to-morrow be appointed receivers. The appointment of these gentlemen leaves the impression among depositors that the bank will be able to meet all its liabilities within three months. PHILADELPHIA, July 2.-The Gloucester, N. J., savings institution suspended payments this afternoon, the cash on hand having been paid out. It is understood that the directors have decided to apply to the chancellor for a receiver.
Click image to open full size in new tab
NEWS SUMMARY. Eastern and Middle States. ANOTHER body, that of Mr. Rowe, of New York, has just been cremated at the Washington (Penn.) furnace. DESTRUCTIVE forest fires have been raging in portions of Massachusetts and Maine. A COLLISION between some coal cars and oil cars at Driftwood. Penn., resulted in a fire which destroyed fifteen buildings, mostly business.houses. Less, $55,000. A CREMATION seciety has been formed in New York, and a crematory for the burning of bodies is to rerected near Cranford, N.J. HODGES, HERSEY & Co., manufacturers of straw goods of New York, have failed for $300,000. THREE mes in New York have been arrested on the charge of attempting to swindle the elevated railroads out of $100,000 by means of forged tickets. One man confessed that in two years he had stolen $14,000. BUSINESS failures in the United States during the past six months, according to ths New York Mercantile Agency of Dun & Co.e number 5,510, as against 4,637 for the first six months of 1883. The liabilities amount to $124,000,000, as against $66,000,000 for the first half of 1883. THE Plymouth Savings bank at Plymouth, Penn., and the Gloucester County Savings bank at Camden, N.J., have suspended. FIRE destroyed the main factory and other buildings belonging to the Revere Rubber company, at Cheisea, Mass., causing an estimated loss of $500,000
Click image to open full size in new tab
NEWS SUMMARY, Eastern and Miadle States. THREE men in New York have been ar. rested onthe charge of attempting to swindle the el-vated railroads out of $100,000 by means of forged tickets. One man confessed that in two years he had stolen $14,000. BUSINESS failures in the United States during the past six months, according to the New York Mercantile Agency of Dun & Co.e number 5,510, as against 4,537 for the first six months of 1883. The liabilities amount to $124,000,000, as against $66,000,000 for the first half of 1883. THE Plymouth Savings bank at Plymouth, Penn., and the Gloucester County Saving bank at Camden, N. J., have suspended. FIRE destroyed the main factory and other buildings belonging to the Revere Rub Der company, at Chelsea. Mass., causing an estimated loss of $500,000. GEORGE J. SCHMIDLIN, under sentence of death for murdering Frank Heilz, committed suicide by hanging himself in his cell in the Milford (Penn.) prison. MUCH feeling is manifested in the coal region of Pennsylvania at the heavy importation of foreigners, who are employed to work in the mines. Largely attended meet ings have been held to denounce the course of the railroad and mining corporations for bringing this element into the coal country. Secret societies are being formed to drive the foreigners from the districts. THE assignee of Grant & Ward, the suspended New York brokers, has made an official statement of the firm's affairs. The liabilities are $16,792,647.72. The nominal assets are $27,139,098.56; the actual assets, $67,174.30.