17567. First National Bank (Mansfield, OH)

Bank Information

Episode Type: Run → Suspension → Closure
Bank Type: national
Bank ID: 436
Charter Number: 436
Start Date: September 28, 1873
Location: Mansfield, Ohio (40.758, -82.515)

Metadata

Model: gpt-5-mini
Short Digest: 08736d3e

Response Measures

Full suspension

Other: Bank placed in receivership and later voluntary liquidation; reorganization attempts mentioned in local papers.

Receivership Details

Depositor recovery rate: 57.5%
Date receivership started: 1873-10-18
Date receivership terminated: 1883-11-30
OCC cause of failure: Fraud
Share of assets assessed as good: 34.3%
Share of assets assessed as doubtful: 62.9%
Share of assets assessed as worthless: 2.9%

Description

Contemporary dispatches (Sept 28, 1873) report a run/withdrawal pressure, banks limiting payouts to $50, and the First National Bank of Mansfield 'failed' and 'suspended.' A receiver (Edwin L. Stanton) was appointed and the bank later went into voluntary liquidation (reports Oct 17, 1873). Cause of the initial run is broad financial panic (Panic of 1873) and contagion from other bank failures; bank later proved insolvent/failed. OCR errors in some clippings corrected (e.g., 'Manshold' -> Mansfield).

Events (6)

1. May 24, 1864 Chartered

Source: historical_nic

2. September 28, 1873 Receivership

Newspaper Excerpt: Edwin L. Stanton, Receiver of the First National bank, has made a report of the condition of the bank to the controller of the Currency ... If the indebtedness of Messrs Jay Cooke & Co. to the bank be paid in full, the creditors could be paid in full ... Edwin L. Stanton, Receiver of the First National bank, has made a report ... (Stark County Democrat, Sept. 28, 1873).
Source: newspapers

3. September 28, 1873 Run

Cause: Macro News
Cause Details: Panic of 1873 / contagion from other bank failures (news of failures such as Union National, Chicago) produced heavy withdrawals and general nervousness among depositors.
Measures: Banks resolved to limit currency payments to amounts not exceeding $50 to any depositor to prevent a general run.
Newspaper Excerpt: Yesterday was a day of considerable excitement on account of the failure of the First National Bank, and of the admitted inability of the others to stand a run.
Source: newspapers

4. September 28, 1873 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Bank suspended following heavy withdrawals and apparent insolvency/illiquidity (reduced deposits, inability to meet demands); contemporaneous reports call it a failure/suspension.
Newspaper Excerpt: The failure of the First National Bank... drafts on the funds had reduced the deposit to about $15,000 at the time the bank suspended.
Source: newspapers

5. October 17, 1873 Other

Newspaper Excerpt: The First National Bank of Mansfield, Ohio, has gone into voluntary liquidation.
Source: newspapers

6. October 18, 1873 Receivership

Source: historical_nic

Newspaper Articles (15)

1. September 29, 1873 Chicago Daily Tribune Chicago, IL

Article from Chicago Daily Tribune, September 29, 1873

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THE COUNTRY BANKS. MANSFIELD, o. Special Dispatch to The Chicago Tribune. MANSFIELD, Sept. 28.-Yesterday was a day of considerable eveitement on account of the failure of the First National Bank, and of the admittod inability of the others to stand a run. A meeting of officers and Directors of the remaining banks was held, and a resolution adoptod to suspend currency payments exceeding $50 on all balances. At o'clock a. m., a public meeting was held in Miller's Hall, in which the financial condition was discussed, and a resolution finally passed unanimously to sustain the banks in their course, and to still continuo deposits. It is thought this stop was all that saved the banks. All Horts of rumors are afloat about the condition of the suspended bank, but as no statement has yet been made nothing is known definitely about its liabilities and assets. A statement is looked for to-morrow. The excitement is gradually dying away. JEFFERSONVILLE, IND. JEFFERSONVILLE, Ind., Sept. 28.-The financial excitement line produced its effect in this city. The unexpected and capricious state of the money market in Louisville has increased the already intenso fooling among depositors here, and quito a run was made during Saturday on the First National Bank, which paid all checks and closed its doors at the usual hour. At the Citizens' National Bank, considerable excitement existed, Many crowded around its doors, discussing the financial situation, but no run was made. The Ohio Falle Car and Locomotivo Company employing 700 men, has suspended work in all its departments except the foundry, thus throwing out of employment about 400 mon. This firm failed to secure enough currency to pay off its employes, although they offered the bost paper. It was consequently obliged to suspend. The Southwestern Car Company have also roduced their force. BLOOMINGTON, ILL. Special Dispatch to The Chicago Tribune. BLOOMINGTON, Ill., Sept. 28.-Saturday in this city was marked by no unusual event in financial matters. The banks still continue to pay only a part of checks calling for large amounts. On soveral of the roads leading into this city, numbers of extra men are being discharged, to reduco expenses during those times of stringency. SPRINGFIELD, ILL.. SPRINGFIELD, III., Sept. 28.-The banks hero have taken no action, doing business BH usual. There is no excitement whatever, and overybody is easy. The deposits were larger in amount yesterday evening at the closing than at the opening in the morning. It is thought no bank here will entertain the suggestion of BUBpending. [To the Associated Press.] SPRINGFIELD, Ill., Sept. 28.-Our banks linvo taken no action, but are doing business as usual. There is no excitement whatever, and everybody is easy. Deposits were larger in amount yesterday evening at the closing than at the opening in the morning. It is thought no bank hore will entertain the suggestion of suspending. PEONIA, ILL. PEORIA, Ill., Sept. 28.-Financial matters is tho all-absorbing topic of conversation in businees circles as well as social. All tho banks of the city, private as well as National, except Davis & Hogue and the Gorman Savings Bank, have partially exispended-that is thoy only pay small checks. The two latter pay all demands of their dopoHitors in full, preferring to pay the currency to certifying to the checks of their depositors. This morning's National Democrat contained the following card from Davis & Hogue, bankors: To Our Customers: We have continued to transact our buslueen as usual. Our drafts are honored in Chicago and New York, and our depositors' checks are paid at the counters, Asking our customers to transact their business as heretofore, we remain, very respectfully, DAVIS & HOGUE. Business on 'Change yesterday was light, yet there was a much bettor feeling manifested than the day provious, and more business was transneted. The ability of Davis & Hogue and the German Savings Bank to pay all domands has done much to quiet the norves of thomo who wore most tried, and will go far toward helping our manufactories to go on with a full force of workmen, as before. DENVER, COL. Special Dispatch to The Chicago Tribune. DENVER, Col., Sept. 28.-The banks all closed in good condition yesterday. All of them are well supplied with currency. SENATOR SHERMAN, OF OHIO, ON

2. September 30, 1873 The Wheeling Daily Register Wheeling, WV

Article from The Wheeling Daily Register, September 30, 1873

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Sensible Resolutions. Special to the Cincinnati Enquirer. MANSFIELD, 0., September 28 - There has been great excitement among the farmers around this section of country in regard to the suspension of the First National Bank, and 8 strong desire to run on the others; but, as they have resolved not to pay out currency in sums larger than filty dollars to any depositor, it has had a tendency to stop a general run. At a meeting of citizens and businees men, held in Miller's Hall, yesterday, the following resolu. tions were unanimously adopted "Resolved, That we have perfect confidence in the ability of our remaining banks to pay all their debts to depositore; and after this is done, know that their capital will remain intact, together with a large surplus belonging to the stockholdere. "Resolved, That as the suspension of the Firrt National Bank has created an undue excitement and an ineane desire to draw money out of the other banks; and, whereas such action on the part of depositors will finally cause their suspension, exactly as the same action could and would cause the failure of the Bank of England, we, representing the interests of all classes of people in the county, unanimously sustain the banks in refusing to pay out currency in larger sums than $50 to any single depositor, until such time as the banks shall deem it pradent to do otherwise. "Resolved, That as business men we will make it our business to allay excitement and restore confidence, and that, instead of drawing money from the banks, we will when practicable increase our deposits. "Resolved, That the above resolutions refer to Wood & Whitter, and other houses receiving deposits. "Resolved, That we extend our sy pa= thy to the First National Bank, and hope to see it resume in a few daye."

3. October 1, 1873 Memphis Daily Appeal Memphis, Hernando, Grenada, Jackson, Vicksburg, Atlanta, Griffin, Macon, Montgomery, Selma, TN

Article from Memphis Daily Appeal, October 1, 1873

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HARRISBURG, PENN. HARRISBURG, Septembes 30.-Manufacturers here have adopted resolutions approving the action of the banks in preventing a drain of the currency as conducive to their best interests as well as the interests of the public at large. PROVIDENCE, B. I. PROVIDENCE, September 30.-Theadjourned meeting of the Providence banks has adopted the report of the committee, recommending a liberal policy on the part of the banks toward each other and their customers. That each bank should request its depositors to draw checks payable through the clearing-house,an should certify checks payable through the clearing - house That deposits made in banks in currency be paid out to such depositors in currency, and that deposits made in certified checks be paid in kind. The Providence banks are in a generally sound and strong condition. CINCINNATI, OHIO. CINCINNATI, September 30.-There has been no very particular change in the situation of financial affairs here today. The opening of the New York stock exchange was looked to with a great deal of interest, and the work of the day has been received with much favor. This, however, has been somewhat counteracted by the unfavorable turn affairs took in Chicago. It's true that not a few persons have feared the result announced with reference to the Union national, but the main body of the business men were not prepared for another change so soon. The consequence was, that the news took out considerable of the renewed spirit which was manifested in the general markets early in the day. More orders for provisions were here to-day, probably, than for a number of days, and more has been done in a jobbing way, but there is little disposition to do much until the improvement generally shall have become more clearly defined with the banks, and at the clearing-house matters have been proceeding about the same as they did yesterday. Those interested, report everything in connection with the clearing-house as working in a matter entirely satisfactory. ST. LOUIS, MO. ST. LOUIS, September 30.-The financial situation here presents no new feature. All is apparently quiet with the banks. They still pursue the policy first marked out, and nothing has occurred to produce a jar or discord. The announcement that the Union national of Chicago had gone into liquidation produced a profound sensation on 'change, and a depressed feeling followed, but no excitement occurred. There is, however still much apprehension for the future in commercial circle, but if things work out well in New York it is the general belief here that business will revive and no more disasters occur. CHICAGO, ILL. CHICAGO, September 30.-The announcement this morning that the Union national bank was going into liquidation, took everybody by surprise except the bankers, who for some reason or other appear to have anticipated the event and took it very cooly, none of them expressing any apprehension that it would materially injure the financial situation, though it had the effect temporarily to depress the prices of grain and caused a quiet feeling on 'change. There has been no further trouble with any other banks, all going through the clearing-house to-day without trouble. COLUMBUS, OHIO. COLUMBUS, September 30.-The failure of the First national bank of Mansfield, Ohio, is a very unfortunate affair, as the funds of the Ohio State board of agriculture and the proceeds of the reI cent State fair were deposited with this g bank. At the close of the fair something near twenty-two thousand dollars was deposited by the treasurer, but drafts on the funds had reduced the deposit to about fifteen thousand dollars at the time the bank suspended. A meeting of the State board has been called for Thursday to consider their financial situation.

4. October 1, 1873 The Wheeling Daily Intelligencer Wheeling, WV

Article from The Wheeling Daily Intelligencer, October 1, 1873

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national banks for the payment of the interest on the new 5 per cent regastered bonds in the treasury as security for the circulation and public deposits, by sending them checks for the amount of interest due on the 1st of November on such bonds, less rebate at 6 per cent per annum. The Affairs of E. W. Clark & Co. of Philadelphia. PHILADELPHIA, Sept. 30.-A meeting of the creditors of E. W. Clark & Co., was held to-day. A statement was made as follows: Liabilities secured $1,042,526; liabilities unsecured $1,041,498. Total$2,084,024. Assets, including stocks, bonds, loans, bills receivable, and other securities, and real estate $2,464,365. Leaving a surplus of $380,331. Failure of the 1st National Bank of Mansfield, Ohio. COLUMBUS, Sept. 30.-The failure of the First National Bank of Mansfield, is very unfortunate affair, as the funds of the Ohio State Board of Agriculture, the proceeds of the recent State Fair, were deposited with this bank at the close of the fair. Something near $22,000 was deposited by the Treasurer, but a drait on the bank had reduced the deposit to about $15,000 at the time the bank suspended. A meeting of the State Board has been called for Thursday to consider their financial situation. Proposed Treasury Interference for Relief of the Foreign Exchange Market. LETTER FROM SECRETARY RICHARDSON. WASHINGTON, Sept. 30.-The Secretary of the Treasury has addressed the following letter to Franklin Edson, Esq, president of the New York Produce Exchange:

5. October 1, 1873 Nashville Union and American Nashville, TN

Article from Nashville Union and American, October 1, 1873

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though it bad the effect to depress prices of grain, and caused quite a feeling on change. There has been no further trouble with any other bank, the Germans going through the Clearing House without trouble. Ohio State Board of Agriculture Swamped. COLUMBUS, Sept. failure of the First National Bank of Mansfield, Ohio, is a very unfortunate affair, as the funds of the Ohio State Board of Agriculture, the proceeds of the recent Fair, were deposited with this bank. At the close of the Fair something near $22,000 was deposited by he Treasurer, but drafts on the funds had reduced it to about $15,000 at the time the bank suspended. A meeting of the State Board has been called for Thursday, to consider their financial condition. One Set of Monopolists Endorsing Another. HARRISBURG, PA, Sept. 30.-The manufacturers here have adopted approving the action of the banks in preventing a drain of currency, as conducing to their best interests as well as the interests of the public at large. Kind Providence. PROVIDENCE, Sept. 30.-An adjourned meeting of the Providence banks adopted the report of a committee recommending a liberal policy on the part ot the banks towards each other and customers; that ach should request its depositors to draw checks payable through the Clearing House nd should certify checks payable through the Clearing House; that deposits made in the banks in currency be paid out to such de positors in currency, and that deposits made in certified checks be paid in kind. The Providence banks are in a generally sound and strong condition. Philadelphia-Clark & Co. PHILADELPHIA, Sept. 30-A meeting of the creditors of E. W. Clark & Co. was held to-day, and a statement made as follows: Liabilities secured, $1,042,526; liabilities unsecured, $1,041,490; total, $2,084,024; assets including stocks, bonds, loans, bills receivable, and other securities and real estate, $2,044,235, leaving a surplus of $380,311. The Primal Cause of all our Wees. SAN FRANCISCO, Sept. 30.-A dispatch from Lacoma says work on the Northern Pacific Railroad has not suspended. It is expected that the cars will be running to Lacoma this autumn. New Orleans Toning Down. NEW ORLEANS, Sept. :0.-Gold nominal, , 113@1134. Curency opened at 6 per cent premium for certified checks, and the tendency downward throughout, closing at 4, with some sales at less. Sterling is nominal; bills of lading and clear are 114@115; bank 116@117. The money market is more cheerful. Cincinnati Disconcerted by Chicago. CINCINNATI, Sept. 30.-There has been no very particular change in the situation of financial affairs here to-day. The opening of the New York Stock Exchange was looked to with a great deal of interest and the work of the day has been received with much favor. This, however, has been somewhat counteracted by the unfavorable turn affairs took in Chicago. It is true that not a few persons have feared the result announced with reference to the Union National at Chicago, but the main body of business men were not prepared for another change so soon. The consequence wasthat the news took ont considerable of the renewed epirit which was manifested in the general markets early in the day. More orders for provisions were here to day probably than for a number of days, and more has been done in a jobbing way but there is but little disposition to do much until the improvement general.y shall become more clearly defined. With the banks and at the Clearing House matters have been proceeding about the same as they did yesterday. Those interested, report every thing in connection with the Clearing House as working in a manner entirely satisfactory. Charleston all Right. CHARLESTON, Sept. 30.-There is an im proved feeling in money circles here. The National Banks and Union Bank pay currency as usual and deposits continue large than disbursements. Three-fourths of the cotton sales to lay were for greenbacks in stead of exclusively for checks as had been the case since the crisis commenced.

6. October 1, 1873 Chicago Daily Tribune Chicago, IL

Article from Chicago Daily Tribune, October 1, 1873

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COLUMBUS, o. COLUMBTA, o., Sept. 30,-The failure of the First National Bauk of Manshold, 0,, is is very unfortunate affair, as the funde of the Ohio State Board of Agriculture, the proceeds of the recent Blato Fair, were deposited with this bank. At the close of the fals; something near $22,000 was deposited by the Troasuror, but drafts ou the funds had reduced the depoat to about $15,000 nt the time the fruit unspended. A meeting of the Blato Duard has been called for Thuruday to consider their Jinancial situation,

7. October 2, 1873 The Stark County Democrat Canton, OH

Article from The Stark County Democrat, October 2, 1873

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THE FINANCIAL PANIC. First National Bank of Mansfield Suspends MANSFIELD, OHIO, Sept. 28, '73. Yesterday was a day of considerable excitement on occount of the failure of the First National Bank and of the admitted inability of the others to stand a run. A meeting of the officers and directors of the remaining banks was held and a resolution adopted to suspend currency payments exceeding fifty dollars on all balances. At nine o'clock in the morning a public meeting was held at Miller's Hall, at which the financial condition was discussed and a resolution finally passed unanimously to sustain the banks in their course, and to still continue deposits. It is thought this step was all that saved the banks. All sorts of rumors are afloat concerning the condition of the suspended bank, but as no statement has yet been made, nothing is known definitely about its liabilities and assets, A statement is looked for to morrow. The excitement is gradually dying away. WASHINGTON, Sept. 27.-In Washington the City Savings bank is now in the hands of a Receiver. There are about two thousand depositors, whose joint deposits will reach upwards of $700,000. The assets are supposed to be sufficient to cover the entire responsibility of the bank. FIRST NATIONAL BANK. Edwin L. Stanton, Receiver of the First National bank, has made a report of the condition of the bank to the controller of the Currency, by which it appears that were the indebtedness of Messrs Jay Cooke & Co., to the bank to be paid in full, the creditors of the bank could be paid in full and its capital stock would be unimpaired. The proportion of which the debt of the bank can actually be paid must largely depend upon the extent to which the indebtedness to it of Messrs. Jay Cooke & Co., shall be discharged. The Secretary of the Treasury will not, for the present, issue a programme for the sale of gold, and purchase of bonds next month.

8. October 7, 1873 Nashville Union and American Nashville, TN

Article from Nashville Union and American, October 7, 1873

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FINANCIAL The Panic Spending Its Force on the Working Classes. Depressing Effects on Manufacturing Interests. Wholesale Discharges of willing Workers. Oct. quiet NEW YORK, Comparative neighborhood. A reigns in Wall street and feeling of confidence is daily gaining ground. The banks are gradually returning to their former positions. The members of susfirms are unanimous tion creditors are pended that generally business, in their with asser- their and for a resumption of that will soon be resume Gabera! now plans operations. they attention enabled to manufac- seems to directed to the dry goodsand interests of the city are reto be from turing ported suffering the which stringency of the market. town, employing turing firms money up Several closed hundreds manufac- their of men have already partly esa dearth as the Builders and others it reason. tablishments, giving of is sales said workmen have been compelled to discharge their as but few contracts are made. More of the Same Sad Sort. PHILALELPHIA, Oct. 6.-The Baldwin Locomotive Works have discharged one hundred hands. New Orleans Certified Checks Worth Only soe Gold. NEW OBLEANS, Oct. 6.--Gold nominal; sales at one twenty four for certified checks. Currency opened at 4c advanced to 8 and closed at 5@6 for certified checks. Sterling nominal. Cinciunati Wants Free Banking. CINCINNATI, Oct. -The Cincinnati Pork Packers' Association to-day held a and elected as S. The Direc 018 Cunningham. meeting President of the Briggs Board favoradopted resolutions of all usury per of ing Trade the repeal to-day absence laws, of with contract, 7 cent. interest in the and of the bankso as to allow ing law the modification associations bond3 National the right having $50,000 of government to deposit the same and receive national bank the restriction of bill as secure as saya system. notes A holder Dayton under dispatch under Hortsman closed rendering the present to-day, & Ger- the man, bankers of that city neither paying out or receiving. The Washington look-Bankrapts The outstanding legal tenders are $358,649,088. Special Dispatch to the Cincinnati Gazette. WASHINGTON, D. C., Oct. 3.-The only bank reported as suspended is the First at M insfield, O., notice of voluntary graphs a National National which liquidation. Ga., teleThe National banks at Augusta, reported as broken, will continue business. A curious case under bankruptcy came before the District Court to-day. A firm here lately made an assignment of its to the District, to amounts of the of a relative of one memas Collector. defalcation property bers, Deputy Certain of its have Baltimore creditors now petition to to the firm adjudged bankrupts on the ground of this assignment. Shinplasters. Notwithstanding the favorable condition the associated banks have decided to bank certificates, payable in of tens of affairs, issue denominations, twenties to bearer, and other small sums. These are based upon such collaterals as the Controlling Two national, Committee choose to accept. banks, one private bank, and three savings banks unite in the issue of these certificates. The general belief is that the District securities will be taken largely by the committee as collateral. Special to the Louisville Courier-Journal. There is an obvious attempt to substitute shinplaster currency for the provided by law, regular irresponsible currency, what and course there is much curiosity to know Controller Knox will deem it proper to pursue in regard to the banks concerned in the attempt. The Banking System. The Sunday Capital, in an ab e editorial condemns the present banking system. Special to the St. Louis Republican. Jay Cooke & Co. WASHINGTON, Oct. -The proposition toof Jay Cooke & Co., made known here transfer all their property, including their individual property and day, to that Mr. of their Rolwives, of whatever character, to in trust for the creditors, instalments as that sum percent lins, paying the shall assets, in five be from time to time from Mr. meets with general favor in this will be recollected as is realized Rollins commissioner city. and of internal revenue for several years, now the president of the National Insurance Jay of Philadelphia, of which was the principal is that this proposition includes the option the understood Cooke Company Co. also stockholder. of of creditors Cooke of It to take real estate or other property firm at its appraised value. The First National. It is stated that the suspended First Na. a tional Bank of this city will pay 75 per h cent. of its indebtedness irrespective for of their claims upon Jay Cooke & Co. i about $800,000.

9. October 9, 1873 Fayetteville Observer Fayetteville, TN

Article from Fayetteville Observer, October 9, 1873

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Bank Notes. DAYTON, 0.-The - financial situation is good. No suspensions, and no symptoms of any. MANSFIELD, 0.-Jacob Hade has been appointed agent of the First National Bank to settle up its affairs. CHARLESTON, S. C.- - The Secretary of the Treasury refused to furnish $500,000 for the purchase of New York exchange. WASHINGTON, D C-No financial excitement whatever now exlists. Currency is becoming comparatively plentiful. MEMPHIS, T.- The First National's deposit yesterday was over $88,000, showing that public confidence is restored. N. G. Kimbro, brother of J. W. Kimbro, of Nashville, died at Lavergne Thursday, from the effects of a spider bite which occurred five days previously. He was bitten on the leg by a small spider having a small red spot on its back, usually to be found in fields or about stacks of provender. They are said to be as poisonous as the bite of a rattlesnake, and are generally much dreaded by those who are aware of their venomous power. When Mr. Kimbro was first bitten he did not regard the wound of any consequence. A pimple was subsequently developed, and then his leg commenced swelling and continued to increase in size until he died.-Nashville Banner.

10. October 10, 1873 The Fremont Weekly Journal Fremont, OH

Article from The Fremont Weekly Journal, October 10, 1873

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Readables. Go to the polls on Tuesday next. Farmers should hold on to their grain. Bellevue has three temperance groceries. Country Sunday Schools are frost bitten. To catch a rat in your room, lay down your boot. The last rose of summer was at the fair on Saturday. A nan in Findlay snores in nine different languages. Ottawa County fair, October 14th, 15th and 16th,1873. The display of stock at the fair fell below that of last year. A bunting party from Carey bagged 130 squirrels last week Rev. James H. Close, of Michigan,is visiting with his friends at Bellevue. School boys hear with pleasure of the decline in the whiling business. Several deaths from milk sickness have accurred lately in Hancock County. Leander F. Harris of Bellevue, removed to E ston Rapids, Michigan, last week. The display of carriages and poultry at the fair was much better than last year, Quite number of typhoid fever patients in this vicinity are now convalescent. Ten thousand regiments of corn shocks, are on dress parade throughout Sandusky County Country schools are nearly all supplied with teachers for the coming winter at good wages. President Grant will not be present at the reunion of the Army of the Tennessee at Toledo. A doctor and a barber don't differ much. Ose lives by his heads, and the other by his heals. Mr. George Flamerfelt exhibited a mam moth squash at the fair, which weighed 180 pounds. Mechanic's Hall would have looked desolate without the fine display of stoves by Thomps n & Co. It Clyde is proud of Highee's warehouse. is an ornament to the place and has a capacity of 35,000 bushels. We accept **back-pay" on our paper. Subscribers are requested to "cover it into our pockets at once." When fellows prowl about town with no visible means of support, we may infer they have invisible means. We call attention to the advertisement of North-western Normal School of Republic, Ohio, in another column. Have you seen that nice Radiant Home Coal Stove at Billy Smith's saloon. He bought it of Thompson & Co. Mrs. ,Daniel Wolf near Green Springs picked about half pint of fine raspberries from her vines last week; the fourth crop for this summer. The organization of township farmer's clubs is now in order. Lay out your work for the long winter evenings, get together and be sociable. Tom Granger in a major-general's uniform, and accompanied by his bear, palmed himself off on the Tiffinites lately as the Hon. P. T. Barnum. We are indebted to Mr. Oscar Ball for a basket of the finest "Concords" we have seen this season. They were large, ripe, luscious and inviting, Messrs. White & Rader of the Tiflin Star have sold out their interest in that paper to Frank Dildine & J. K. Huddle. Success to the successors. We are sorry to announce the death of both of the twin infants of Mr. Cyrus Thompson, one of which died on Saturday and the other on Sunday last. Rev. Henty Lang of this city had twelve perfect peaches on the trees in his yard this season. This takes the feathers out of the Clyde peach men. Several splendid pears,and a bunch of choice grapes from Massachusetts were laid upon our table on Wednesday, by Mrs. Woodruff, who has our thanks. They were very fine. One of the Radiant Home Coal Stove is in opperation at H. R. Shomo's boot and shoe store. Sold by Thompson & Co. It burns less coal than any other stove made. Rev. M. Chance, after gazing while at the splendid $1700 hearse exhibited by Speller & Moore at the fair last week, said "That's a splendid carriage,but I dont want to ride in it just yet." Mr. Albert Slocum of Plymouth, O., aged 15 years, fell from hickory tree on Sunday the 28th inst., breaking his right arm and cutting and contusing his head so that he died next day. We regret to announce the death of the infant son of Rev. R. L. Chittenden, which occurred on Friday morning of last week. It was buried on Monday. The parents have the sympathy of the community. A picked nine from Norwalk and Elyria, came down on W ednesday to "scoop up" the Croghans, but after playing six innings concluded it wasn't a good day to "scoop." Score, Croghans 30, picked nine 13. The First National Bank of Mansfield, when it suspended had $15,000 on deposit belonging to the State Agricultural Society, The bank has been re-organized and it is expected that the funds of the State Board will be forthcoming. The Tabernacle at Flat Rock was found too cold for night meetings, and they were removed to the new Evangelical Church, Up to last Friday there were about a dozen converts, most of whom are inmates of the Orphan Asylum. Dr. A. C. Hunt, of Hunt & Pallard managers of Commonwealth Life Insurance Company of New York, whose Annual Statement appears in another column is about to move to this city. This Company has a large amount of money loaned in this County. George Wallace of Elmore was badly injured by a circular saw in the mill of Welch & Kirk on Monday of last week. He was standing with his back to the table, and placing his hands on it sprang up on the table his back coming in contact with the saw. It was terribly lacerated. Dr. Beilharz continues to administer to the wants of those suffering from decayed teeth, and has lately added to his appliances for so doing. He is doing a flourishing business, a sure evidence that his work gives satisfaction. Do not neglect your teeth if you wish comfort, but call on the doctor at his office over the post-office.

11. October 17, 1873 The Jasper Weekly Courier Jasper, IN

Article from The Jasper Weekly Courier, October 17, 1873

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WEST. The First National Bank of Mansfield, Ohio, has gone into voluntary liquidation. An investigation of the affairs of the Merchants' Union Bank of Dubuque, Iowa, lately suspended, shows that by a system of frauds perpetrated by the President and Cashier of the bank, the sum of $329,478 had been abstracted from the bank funds. Capt. Jack, Boston Charley, Schonschin and Black Jim, four of the condemned Modocs, were hanged at Fort Klamath,

12. October 17, 1873 Perrysburg Journal Perrysburg, OH

Article from Perrysburg Journal, October 17, 1873

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The First National B ink of Mans fi 1d. when it suspended had $15,000 on deposit belonging to the State Agricultural Society. The bank has been re-organized and it is expected that the funds of the State Board will be forthcoming.

13. October 30, 1873 The Stark County Democrat Canton, OH

Article from The Stark County Democrat, October 30, 1873

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Loss of State Funds. Following right after the announcement that the Ohio State Board of Agriculture had lost $15,000 by the suspension of the First National bank of Mansfield comes the announcement, in a special to the Cincinnati Enquirer, that a radical official, "H.: S. Babbitt, chief clerk of the State Auditor's office, who is costodian of the funds of the Agricultural College, has over thirty thousand dollars of the funds of that institution locked up in the Commercial Bank, which suspended last week. This 18 last year's interest of the endowment fund, and in ascordance with law should have been deposited in the State Treasury. It was put in the bank, however, where interest could be realized upon it, and now when the college is just opened the means for its support are not to be had.

14. April 6, 1874 The New York Herald New York, NY

Article from The New York Herald, April 6, 1874

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or over $13,000,000, "Prompty put out in purchasing bonds, as incupeediest way of relieving the demand for currency. If recomrse could not have been had-to-the reserve, the Secretary would have been, ander the necessity of selling coin to obtain the currency necessary to pay the government indebtedness, or would have suspended currency payments. That there was no doubt as to the right to issue all or any portion of the reserve was best shown by the limited amount of the currency balance when the minimum amount of legal tender notes was in circulation. Now that but $18,000,000 of the reserve remained, with no authority to exceed the $400,000,000 limit, it would be necessary to hold it in reserve for any emergency. There was no reason for apprehending any further expansion of legal tenders beyond $332,000,000. There had been much criticism as to the power of the Secretary of the Treasury to contract the value of greenbacks. If the proposed act, fixing the amount at $400,000,000, became a law, it would not, as he had already said change the existing law, and the minimum would still be $356,000,000, to which point, in his opinion, it could again be reduced. With regard to increasing the national banking circulation, the addition of $46,000,000, with a redistribution of $25,000,000 in accordance with the existing act, would undoubtedly give those portions of the country clamoring for more banking facilities all the capital they needed for years to come, and he had now no reason to believe that Congress would pass any measure which would not meet with his ungualifled approval. Termination of the Labore of the Alabama Mixed Claims CommissionAmount To Be Paid the British Government. Henry Howard, Esq., late Agent of her Majesty's government, under the American and British Mixed Commission, will disburse the money awarded by it to British claimants-a little less than $2,000,000-which sum is to be paid by the United States to the British government by the 26th of next September. The money will be paid by Mr. Howard to the claimants or their legal representatives. The amount thus to be disbursed is included in the estimates of the Department of State. The business of the Commission was closed to the entire satisfaction of all its members. Thomas C. Cox, Esq., the late Secretary and Disbursing Officer of the Commission, to-day received the following letter:LONDON, FOREIGN OFFICE. March 19, 1874. SIR:-The Mixed Commission having concluded its labors, and your duties in connection with it being terminated, I am directed by the Earl of Derby to thank you on behalf of Her Majesty's government for the services you have rendered as Secretary to the Commission. His lordship has great pleasure in bearing testimony to the ability and impartiality with which, as he is informed, you have discharged very delicate and sometimes perplexing duties, and he has no doubt that the successful termination of the labors of the Commission in the period allowed by the treaty, was in great measure owing to your efforts. I am your most obedient humble servant, TENTERDEN. Dividends to Creditors of Insolvent National Banks. The Comptroller of the Currency yesterday declared a dividend in favor of the creditors of the First National Bank of Mansfield, Ohio, of twenty-five per cent; also the Merchants' National Bank of Petersburg, Va., of twenty-five per cent. Dividends were also declared during the month of March as follows:National Bank of the Commonwealth, New York, fifty per cent; First National Bank of Petersburg, Va., twenty-five per cent; First National Bank of Carlisle, Pa., twenty-five per cent; First National Bank of Washington. D. c., twenty per cent, making in all a dividend of fifty per cent. A dividend will also be paid to the creditors of the First National Bank of New Orleans of twenty-five per cent as soon as the necessary schedules can be prepared, making dividends of sixty per cent in all, to the creditors of that bank. The Financial Bill Amended and Under Consideration in the Senate. The following is the Finance bill as amended and as it now stands before the Senate:A bill to provide for the redemption and reissue of United States notes and for free banking. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the maximum amount 01 United States notes is hereby fixed at $400,000,000. SECTION 2. That $46,000,000 in notes for circulation, in addition to such circulation now allowed by law, shall be issued to national banking associations now organized and which may beorganized hereafter; and such increased circulation shall be distributed among the several States as provided in section 1 or the act entitled "An act to provide for the redemption of the three per centum temporary loan certificates and for an increase of national bank notes," approved July 12, 1870. SEC. 3.-That each national banking association now organized or hereafter to be organized, shall keep and maincain, as a part of Its reserve required by law, one-fourth part of the coin received by it as interest on bonds of the United States deposited as security for circulating notes on gov. ernment deposits; and that nereafter only onefourth of the reserve now prescribed by law for national banking associations shall consist of balances due to an association available for the redemption of its circulating notes from associations in cities of redemption, and upon which balances no interest shall be paid. SEC. 4.-That nothing in this act shall be construed to authorize any increase of the principal of the public debt of the United States.

15. April 26, 1875 The Wheeling Daily Register Wheeling, WV

Article from The Wheeling Daily Register, April 26, 1875

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CONDENSED TELEGRAMS. Bush's flour mill at Cincinnati, were destroyed by fire Saturday. Loss, $8,000. A dispatch from St. Petersburg reports that the Marquis De Caux, husband of Adeline Patti, has been killed in a duel. The mill operatives at Natick, R.I., out on a strike, notified the Superintendent that they would return to work on Saturday. Arthur B. Barrett, Mayor of St. Louis died about half past 4 o'clock Saturday morning. His death was brought on by over-work during the recent political canvass In the vote in Chicago, yesterday, on the question of the adoption of the general incorporation, there was a majority of 987 in favor of it Both Houses of the Louisiana legislature have adjourned sine die. In the Senate the resolution suspending Clinton from office, was postponed. Johnson, the murderer who was to have been hung on the 28th inst, at Cleveland, Ohio, has had his sentence commuted to imprisonment for life, by Governor Allen. The Mississippi riyer is open to navigation from the falls of St. Anthony to the Guif. President Grant has not yet accepted the resignation of Attorney General Williams. The Spanish government has paid $45.000 of the $80,000 on account of the Virginius affair. The Comptroller of the Currency has declared a dividend of 10 per cent. in favor of the creditors of the First National Bank of Mansfield, Ohio, making in all a dividend of 32 per cent. General J. C. Holman, of Boston, suc ceeded Robert Readin, on Saturday, in the Chicago Custom House. The Ohio State Board of School Examaminers met at Columbus on Saturday and decided to hold the four examinations during the year, at Cleveland, Col. umbus, and Cincinnati, also one at Putin-Bay, after the meeting of the State Teachers' Association.