f667f39bFull suspension
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A WESTERN NEW-YORK BANK SUSPENDS. Springville, N. Y., Sept. 26.-The First National Bank at this place was obliged to close temporarily this morning. The suspension was due to a run and the inability of the bank readily to convert securities into cash to meet the demand. The bank is one of the most substantial in Western New-York and is considered solvent.
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Bank Closed Temporarily. Springville, N. Y., Sept. 27.-The First National bank at this place was obliged to close temporarily yesterday. The cause of the suspension was due to a run and the inability of the bank readily to convert securities into cash to meet the demand. The bank is considered solvent. The champion Baltimore team will play the Scranton club this afternoon * at Athletic Park at 3 o'clock.
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Slow Collections. Springville, N. Y., Sept. 28.-There was a run on the First National bank Saturday, which compelled the officers to close the doors. The cause was given that the bank was not able to collect money fast enough to meet the demand. It is expected that the depositors will be paid in full. The capital of the bank was $50,000.
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# IN GENERAL. James Munroe, ex-Mayor of Annapolis, Md., died Sunday night. Senator Vilas is quoted as saying that Wisconsin will go anti-Bryan by 50,000. Peter Kemm murdered his wife in Buffalo on Friday and then committed suicide. Arthur J. King of R. G. Dun & Co. died at Bloomfield, N. J., Monday morning. The building of the Northern Illinois College was destroyed by an incendiary fire Saturday. Elkins Bros.' grist mill elevator, at Chicago Junction, Ohio, was burned Sunday. Loss, $100,000. The Cincinnati brokerage firm of William E. Hutton & Co. is reported to be financially embarrassed. Harry Conway of Clinton, Ia., was killed in Chicago Thursday by Grace Clark, who also killed herself. The Populist-Democratic fusion agreement in Louisiana gives the former party four of the electors. The International Loan and Trust Co. of Kansas City has filed a deed of trust for $96,000 to protect its creditors. The wooden "elephant" at Coney Island was destroyed by fire Sunday night. The loss is estimated at $18,500. F. O. Prince has been selected by the Massachusetts Sound-Money Democrats as their candidate for Governor. Joseph Wallace, aged 81 years, of Atlantic City, committed suicide Thursday by shooting himself in the head. W. F. Kearns of Mifflin has been nominated for Congress by the Democrats of the Eighteenth Pennsylvania district. The mills of the Amoskeag Co., at Manchester, N. H., which employ 8,000 hands, started up on full time Monday. The Rev. Stanisamin Klausski of Buffalo, N. Y., has been elected bishop of the Polish Roman Catholic Church of America. Consider Risely, a farmer, of Vernon, Conn., was buncoed out of $6,000 Saturday by "two men who called to buy a farm." William Moque, a brakeman, was killed in a freight wreck on the Baltimore & Ohio railroad, near Hyattsville, Md., Sunday. The Missouri Populist State Committee Saturday, by a vote of 17 to 10, accepted the terms of fusion proposed by the Democrats. The First National Bank of Springville, N. Y., suspended Saturday in consequence of a run. The bank is believed to be solvent. Three children of Carrie Dobson, colored, were burned to death Saturday in their home in Brookland, a suburb of Washington, D. C. Ex-Attorney General Kirkpatrick was nominated for Congress Monday by the Republicans of the Eighth Pennsylvania district. A Springfield, Mass., dispatch says that Mount Holyoke College was entirely destroyed by fire last night. Loss, $50,000 to $75,000. It is announced that senator Gorman will take the stump in Maryland for Bryan and Sewall. He will confine his speaking to his own State. The Democrats of the Second New Jersey Congressional district have nominated Dr. A. E. Conrow of Burlington county for Congress. The Prohibitionists of the First New Jersey Congressional district have nominated Rudolphus Bingham of Camden county for Congress. An Austin, Tex., dispatch says that reports from all sections of the State indicate that the cotton crop has been seriously damaged by heavy rains. Sylvans Middlebrook, aged 80, of Redding, Conn., was burned to death in a fire that consumed his house, Sunday night. Foul play is suspected. William L. Penick, a prosperous farmer of Yazoo City, Miss., was arrested Monday on a charge of murder committed in 1866 at Russellville, Ala. In New York City Saturday the rear wall of an apartment house, under construction on Madison avenue, collapsed, killing one man and injuring six others. The Otis Co.'s cloth mills at Ware, Mass., which have been running on half time for six months, started up on full time Monday, employing 1,800 hands. Wolf Brothers' dry goods establishment in Little Rock, Ark., has been closed by attachments. Their liabilities will reach $500,000. The assets are placed at $475,000. A surf boat, coming ashore from the stranded steamer De Barry, off Kitty Hawk, N. C., struck a bar and capsized Saturday. Thomas Thomas, aged 38, a native of Swasea, Wales, was drowned. Jare Dotts was found dead on the tracks of a trolley road near Norristown, Pa., Sunday morning, under circumstances indicating that she had been murdered and thrown on the track. Prof. George H. Markoe, one of the originators of the Massachusetts College of Pharmacy, was found dead Friday morning in a laboratory in Boston, having probably died from a paralytic stroke. # The New York Silver Democratic State Committee The New York Silver Democratic State Committee Monday nominated William F. Porter for Governor and Frederick C. Schraule for Lieutenant-Governor. Count Von Goetzen, first lieutenant of Uhlans of the Imperial Guard, and well known as an African explorer, has been appointed military attache of the German embassy in Washington. Bourke Cockran addressed a great meeting in Baltimore Saturday evening and aroused much enthusiasm when he declared: "For my part, I stop at no half measures; I vote for William McKinley." At Cleveland, O., Thursday, Richard Davis, a young business man, and Bart Taylor aged 14 years went on a fish.
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Receiver for New York Bank. Comptroller Eckels today appointed W. A. Douglass, of Buffalo, N. Y., receiver of the First National Bank of Springville, N. Y., recently failed
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National Bank Falls. WASHINGTON, D. C.P. Oct. 5.-The comptroller of the currency has redelved a telegram announcing the failure of the First National bank of Mt. Pleasant. Mioh., the bank at the date of Its last report jowed Its depositors $67,000. Mr. Eckets expressed the opinion that the stispension of the bank was due to the general Incompetency of its management and inability to collect assets. The comptroller has appointed William A. Douglass to Buffalo, N. Y., receiver of the First National Bank, of Springville, N. Y.
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assigned; aggregate liabilities, nearly 000. The Chicago Consolidated Iron and Steel Co. assigned; liabilities, about $800,000. 8. Hilton, Hughes & Co., successors to A. T, Stewart & Co., New York. made a general assignment and closed business; liabilities over $1,000,000. C1. The Kings County Elevated Railway Co. of Brooklyn placed in hands of a receiver. SEPTEMBER. 4. The First National bank of Helena, Mon., failed, with heavy liabilities. 26. The First National bank of Springville, N. Y., suspended. Wolf Bros. dry goods establishment in Lit$500,000. tle Reck closed by attachments; liabilities, OCTOBER. 6. The Car and Lumber Co. of Tyler, Tex., failed: liabilities, $250,000. John Maclean & Co., wholesale millinery, failed in Montreal; liabilities, $175,000. B. L. Price & Co., clothing manufacturers, failed; liabilities, $125,000. 7. The failed. First National bank of Ithaca, Mich., 14. The Marine National bank of Duluth failed. 15. The Bank of Commerce of Buffalo closed its doors. 16. Merchants' National bank of Atlanta failed. 19. .The Western New York Preserving Co., at Buffalo, seized by the sheriff for debt; 11abilities, $167,323. Charles Bortrand & Co., merchants, of Isle 000. Verte, Que., failed. with liabilities of $285,29. The Mecosta County Savings bank, at Big Rapids, Mich., suspended. NOVEMBER, 20. The failed. First National bank of Sioux City, Ia., 23. The Dakota National bank of Sioux Falls failed. SO. The Missouri National bank. at Kansas City, passed into the hands of the comptroller of the currency. The failed. First National bank of Tyler, Tex., DECEMBER. 1. Gage & Felton, bankers and brokers, failed in Boston.
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assigned; aggregate liabilities, nearly $500,000. The Chicago Consolidated Iron and Steel Co. assigned; liabilities, about $300,000. B. Hilton, Hughes & Co., successors to A. T. Stewart & Co., New York, made a general assignment and closed business; liabilities over $1,000,000. 31. The Kings County Elevated Railway Co. of Brooklyn placed in hands of a receiver. SEPTEMBER. 4. The First National bank of Helena, Mon., failed, with heavy liabilities. 26. The First National bank of Springville, N. Y., suspended. Wolf Bros.' dry goods establishment in Little Rock closed by attachments; liabilities, $500,000. OCTOBER. 6. The Car and Lumber Co. of Tyler, Tex., failed; liabilities, $250,000. John Maclean & Co., wholesale millinery, failed in Montreal; liabilities, $175,000. B. L. Price & Co., clothing manufacturers, failed; liabilities, $125,000. 7. The First National bank of Ithaca, Mich., failed. 14. The Marine National bank of Duluth failed. 15. The Bank of Commerce of Buffalo closed its doors. 16. Merchants' National bank of Atlanta failed. 19. The Western New York Preserving Co., at Buffalo, seized by the sheriff for debt; 11abilities, $167,323. Charles Bertrand & Co., merchants, of Isle Verte, Que., failed, with liabilities of $235,000. 29. The Mecosta County Savings bank, at Big Rapids, Mich., suspended. NOVEMBER. 20. The First National bank of Sioux City, Ia., failed. 23. The Dakota National bank of Sioux Falls failed. 30. The Missouri National bank, at Kansas City, passed into the hands of the comptroller of the currency. The First National bank of Tyler, Tex., failed. DECEMBER. 1. Gage & Felton, bankers and brokers, failed in Boston.
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BUSINESS TROUBLES. Firms and Corporations Which Succumbed to the Financial Stress of the Period. MARCH. 6. Dan Taimage's Sons, rice dealers, failed in New York city. AUGUST. 4. Moore Bros., speculators, suspended in Chicago. 7. C.H. Fargo & Co., wholesale boot and shoe firm, assigned in Chicago: liabilities, $300, 000. 11. Security bank of Duluth closed its doors. The Murray Hill bank, one of the oldest state banks of New York city, closed its doors; deposits, $1,250,000. 15. George O'Berne & Co., leather dealers; II. M. Hosick, wool dealer, and the Chicago and Western Sonp works, three Chicago firms having close financial connections, assigned: aggregate liabilities, nearly $500,000. The Chicago Consolidated Iron and Steel Co. assigned; liabilities, about $300,000. 26. Hilton, Hughes & Co., successors to A. T. Stewart & Co., New York. made a general assignment and closed business; liabilities over $1,00 000. 31. The King County Elevated Railway Co. of Brooklyn laced in hands of a receiver. SEPTEMBER. 4. The First National bank of Helena, Mon., failed, with heavy liabilities. 26. The First National bank of Springville, N. Y., suspended. Wolf Bros. dry goods establishment in Little Rock closed by attachments; liabilities, $500,000. OCTOBER. 6. The Car and Lumber Co. of Tyler, Tex., failed; liabilities, $250,000. John Maclean & Co., wholesale millinery, failed in Montreal; liabilities, $175,000. B. L. Price & Co., clothing manufacturers, failed; liabilities, $125,000. 7. The First National bank of Ithaca, Mich., failed. 14. The Marine National bank of Duluth failed. 15. The Bank of Commerce of Buffalo closed its doors. 16. Merchants' National bank of Atlanta failed. 19. The Western New York Preserving Co., at Buffalo, seized by the sheriff for debt; liabilities, $107,323. Charles Bertrand & Co., merchants, of Isle Verte, Que., failed, with liabilities of $235,000. 29. The Mecosta County Savings bank, at Big Rapids, Mich., suspended. NOVEMBER. 20. The First National bank of Sioux City, Ia., failed. 23. The Dakota National bank of Sioux Falls failed. 30. The Missouri National bank, at Kansas City, passed into the hands of the comptroller of the currency. The First National bank of Tyler, Tex., failed. DECEMBER. 1. Gage & Felton, bankers and brokers, failed in Boston.
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ARREST OF A BANK PRESIDENT. W. O. LELAND ACCUSED OF WRECKING AN INSTITUTION IN SPRINGVILLE. Buffalo, April 5.-W. O. Leland, president of the First National Bank of Springville, was arrested this afternoon and released under bail in the sum of $10,000 by United States Commissioner Fltzgerald, Mr. Leland was indicted at the Utica term of the United States Court for wrecking the Springville Bank. The charges against him are similar in part to those against Henry Durk, cashier of the Niagara Falls Bank. The Springville Bank is in a bad condition. The depositors have claims for $175,000. and the receiver has only about $50,000. The Controller of the Currency ordered a 100 per cent assessment on the stockholders, but a large part of this is uncollectible, as the Lelands hold a majority of the stock.
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Bank President Arrested. Buffalo, N. Y., April 6.-W. O. Leland, president of the First National bank of Springville, was arrested Monday under an indictment found in the United States court at Utica, charging him with wrecking the bank. He was subsequently admitted to bail in $10,000. The Springville bank is in a bad condition. The depositors have claims for $175,000; the receiver has about $50,000.
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Arrested for Bank wreeking. Buffalo, N. Y., April 6.-W. O. Leland, president of the First National bank, of Springville, was arrested yesterday under an indictment found in the United States court at Utica, charging him with wrecking the bank. He was subsequently admitted to ball in $10,000. The Springville bank is in bad condition. The depositors have claims for $175,000, and the receiver has only about $50,000. The depositors will be lucky if they get more than a third of their deposits.
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HE WRECKED THE BANK It is Charged and W. O. Leland is Arrested for It. Buffalo, N. Y., April 6.-W. O. Leland, president of the First National bank of Springville, was arrested today under an indictment in the United States court from Utica, charging him with wrecking the bank. He was subsequently admitted to bail in the sum of $10,000. The Springville bank is in a bad condition. The depositors have claims for $175,000; the receiver has about $50,000. The comptroller of the currency ordered a 100 per cent assessment on the stockholders, but a large part of this is uncollectable, as the Lelands hold a majority of the bank stock. Depositors will be lucky if they get more than a third of their deposits.
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Arrested for Bank Wrecking. Buffalo, N. Y., April 6.-W. O. Leland. president of the First National bank. of Springville, was arrested yesterday under an indictment found in the United States court at Utica, charging him with wrecking the bank. He was subsequently admitted to bail in $10,000. The Springville bank is in bad condition. The depositors have claims for $175,000, and the receiver has only about $50,000. The depositors will be lucky if they get more than a third of their deposits.
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THE NEWS IN BRIEF. The sweetheart of J. A. Jenkins, a young merchant at Savannah, Mo., died of measles. He almost went mad, and, after a long spell of weeping, shot himself through the heart. Ira F. Hendricks, receiver of the First National bank of Griswold, Ia., has filed petitions in the United States circuit court against the president of the bank, Thomas H. Brown, and his brother, T. P. Brown. Attachments have been issued against their property. The committee of the Pennsylvania senate has set $550,000 as the limit of cost of the new state capitol. Executions aggregating $31,000 were issued against W. C. Bernardi, proprietor of the largest dry goods and general store on the south side in Pittsburg. The city council of Des Moines, Ia., directed a committee of three to draft articles of impeachment against Police Judge Frank Phillips. He was found by experts to have failed to turn over $1,300 in fines. After the report he turned in the money. Eli Albertson, one of the oldest merchants in Hannibal, Mo., executed a deed of trust for the benefit of his creditors. Albertson claims that his assets will exceed his liabilities. Richard H. Clark, formerly of Atlanta, a son of the late Judge Richard Clark, was shot and killed by Joe Brown Irby. Clark went to Irby's home with the intention of killing him. But four counties in the state of Iowa are without creameries. The Iowa dairy interests have been developed into one of the most important subsidiary branches of its agricultural pursuits. Wheat grown in the north of France has from 11 to 26 per cent. less nitrogen eous elements in it than that raised there fifty years ago. W. O. Leland, president of the Firs S National bank of Springville, N. Y., wa arrested under an indictment found i) I the United States court at Utica charg S ing him with wrecking the bank. H was subsequently admitted to bail i $10,000. e The Ohio Torrens real estate law is a length to be argued before the suprem court of the state on April 16.
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Arrested for Bank Wrecking. BUFFALO, April 7. - -W. O. Leland, president of the First National bank of Springville was arrested under an indictment found in the United States court at Utica, charging him with wrecking the bank. He was subsequently admitted to bail in $10,000. The Springville bank is in a bad condition. The depositors have claims for $175,000; the receiver has about $50,000.
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Arreated for Bank Wrecking. BUFFALO, April 7.-W. O. Leland, president of the First National bank of Springville was arrested under an indictment found in the United States court at Utica, charging him with wrecking the bank. He was subsequently admitted to bail in $10,000. The Springville bank is in a bad condition. The depositors have claims for $175,000; the receiver has about $50,000. Sundry Civil and Indian Bills. W ASHINGTON, April 7.-The sundry civil and Indian appropriation bills were reported to the senate during the day by the committee on appropriations. The only change of importance made restores to the Indian bill the provision for opening the Uncompahgre reservation in Utah.
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Otherwise. Susie Swift, Salvation Army, New York, is now a Roman Catholic. The Pennsylvania road agrees to carry bicycles free. The La Crosse, Wis., gas works have been sold to the Edison Electric company of La Crosse. The works have been owned by outside parties. Stetson Bros., cloihing, Mason City, Iowa, have failed. .4 mortgage of $15,000 was given and t.nder this the store was closed. The Ellsworth anti-cartoon bill has passed the New York senate by a vote of 35 to 14. It has yet to come up in the assembly. Comptroller Eckels has refused to permit the proposed reorganization of the defunct Missouri National Bank of Kansas City. The bank failed last fall owing $1,500,000. A quarterly dividend of 1 per cent has been declared upon the stock of the Central railroad of New Jersey. This is a reduction of 1-2 per cent from the usual dividend. Executions aggregating $31,000 were issued against W. C. Bernhardi, proprietor of the largest dry goods and general store on the South side of Philadelphia. The liabilities and assets are not known. The United States grand jury at Chattanooga, Tenn., has returned a true bill against six cast iron pipe companies for violation of the Sherman anti-trust law. The Lebanon Rolling Mills company, owner of the large iron plant at Lebanon, Pa., known as Light's mills, has executed a deed of assignment for the benefit of creditors. A large crew of men have left Grantsburg, Wis., for the upper St. Croix drive. All the streams are bank full and a fine driving stage of water is flowing. State Superintendent Sabin, of the state department of public instruction of Iowa, has issued a request for the general observation in the schools of Iowa, April 23, as Arbor day. Chairman Albert Mott, of the L. A. W. racing board, made an important ruling in connection with road racing which virtually brings that class of cycle events under the control of the L. A. W. The racing board of the L. A. W. has been completed by the appointment of Harry S. Dixon of Dixon, Ill., who will assume charge of Fred Gerlach's old district, comprising Illinois, Wisconsin, Iowa, Minnesota, Dakota and Nebraska. United States Consul Taney, at Belfast, reports to the state department that Italian canned tomatoes are supplanting the American tomatoes largely owing to the fact that the American vegetable is overcooked or overripe. W. O. Leland, president of the First National Bank of Springville, N. Y., was arrested, charged with the wrecking of the bank. The depositors have claims for $175,000; the receiver has about $50,000. The controller ordered 100 per cent assessment on the stockholders, but it is uncollectable. The remnant of the Modoc Indians, now living in Modoc county, Cal. in the neighborhood of the scenes of Capt. Jack's treachery and Gen. Canby's death in 1872, are now in a pitiable condition, verging upon actual starvation. In all there are about 200 families. The only change of any importance in the Indian bill restores the provision for opening the Uncompahgre reservation in Utah. This provision differs from that originally made in the bill as it passed at the last session, in that it allows only one claim of gilsonite to one person instead of four.