Article Text
Ohio Bank Failure. Columbus, Ohio, Jan. 17.-The Farmers' National bank at Portsmouth, Ohio, suspended payments to-day by order of the comptroller of the currency. The claim is made that the depositors will be paid in full.
17689. Farmers National Bank (Portsmouth, OH)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- national
- Bank ID
- 1088
- Charter Number
- 1088
- Start Date
- January 17, 1896
- Location
- Portsmouth, Ohio (38.732, -82.998)
Metadata
- Model
- gpt-5-mini
- Short Digest
ff81a2ea
Response Measures
None
Description
Multiple newspapers report the Farmers' National Bank of Portsmouth suspended payments by order of the Comptroller of the Currency on Jan 17, 1896. A receiver was appointed (David L. Armstrong) Feb 11, 1896, indicating the suspension led to permanent closure/receivership. Later items describe dividends and a replacement receiver in 1899. No contemporaneous article describes a depositor run; cause was a government action (comptroller order).
Events (4)
1.
January 17, 1896
Suspension
- Cause
- Government Action
- Cause Details
- Suspension ordered by the Comptroller of the Currency (could not realize assets in time to meet maturing obligations).
- Newspaper Excerpt
- The Farmers' National bank at Portsmouth, Ohio, suspended payments to-day by order of the comptroller of the currency.
- Source
- newspapers
2.
February 11, 1896
Receivership
- Newspaper Excerpt
- David L. Armstrong has been appointed receiver of the Farmers' National bank. Liabilities are about $700,000.
- Source
- newspapers
3.
February 16, 1897
Other
- Newspaper Excerpt
- The comptroller of the currency has declared a third dividend of ten per cent., making in all 50 per cent. on the Farmers' national bank of Portsmouth, O.
- Source
- newspapers
4.
January 11, 1899
Receivership
- Newspaper Excerpt
- The comptroller of the currency has appointed Mr. Noah J. Dever receiver of the Farmers' National Bank at Portsmouth, O., in place of David Armstrong, resigned.
- Source
- newspapers
Newspaper Articles (20)
Click image to open full size in new tab
Click image to open full size in new tab
Article Text
Bank Suspends Action. COLUMBUS, Ohio, Jan. 17.-The Farmers' National bank, Portsmouth, Ohio, suspended payment today by order of the comptroller of currency. The claim is made that the depositors will be paid in full.
Click image to open full size in new tab
Article Text
A BANK IN TROUBLE Portsmouth, Ohio, January 17.-The Farmers' National Bank, of this city, suspended: payment at noon to-day by order of the comptroller of currency. It has been impossible for the bank to realize on assets in time to meet current maturing obligations. Depositors will be paid in full as far as assets exceed liabilities. No statement is yet permitted by the comptroller.
Click image to open full size in new tab
Article Text
P COLUMBUS, a., Jan. 17.-The Farmers' National bank, at Portsmouth, O., suspended payment today, by order of the comptroller of the currency. Claims are made that deposa 1 will be paid in full.
Click image to open full size in new tab
Article Text
Business Failures. San Francisco, Jan. 17.-George Greenzweig & Co., wholesale jewelers, have failed. Today attachments aggregating $35,000 were filed, and others are expected against the embarrassed firm. Columbus, Jan. 17.-The Farmers' National Bank of Portsmouth, O., suspended payment today by order of the comptroller of the currency. The claim is made that depositors will be paid in full.
Click image to open full size in new tab
Article Text
man and lived at Gardner, kan. Near Fort Holmes, O. T., four outlaws met death at the hands of a vigilance committee composed of ranchers. The City bank in Minneapolis, Minn., suspended payment with liabilities of $150,000. Seidenberg, Stieffel & Co., cigar manufacturers in New York, failed for $275,000. At the meeting in Washington of the democratic national committee it was decided to hold the national convention in Chicago on July 7. The Irish-American bank closed its doors at Minneapolis, Minn. Gen. F. M. Drake was inaugurated governor of Iowa at the state house in Des Moines. Fire destroyed a large portion of the business interests of Nashville, Ind. Perkins & Welsh, sugar importers and exporters in New York, failed for $500,000. Gen. Ballington Booth has purchased a farm in Bergen county, N. J., to be used as a home for worn-out Salvation Army officers. Kahn, Schoenbrun & Co., manufacturers and wholesale dealers in fine clothing in Chicago, failed for $300,000. The National Dairy union in session in Chicago elected W. H. Hatch, of Miscouri, as president. Over 600 women employed by the Westinghouse Electric company in Pittsburgh struck because of reduction in their wages. The American Protective Tariff league in annual session at New York elected Cornelius N. Bliss president and Wilbur F. Wakeman secretary. White caps ordered W. M. Hertel to discharge a colored employe in his factory near Lima, O. He did not do so and all his property was burned. The next G. A. R. encampment of Indiana will be held in South Bend, May 13 ánd 14. Thomas Yost, aged 65, was divorced at Burlington, Ia., and within 30 minutes had secured a license to marry Mrs. William Frost, widow of a Methodist minister. Misses Minnie and Flora, aged 18 years, twin daughters of James Davenport, living at Fayette, Ind., died near the same hour of typhoid fever. During their lives they had never been separated from each other over night. Five masked men entered the house of Joseph Day, an old farmer at Flynn's Lick, Tenn., who was reputed to have money hidden away, ard killed Mr. Day and his wife, but failed to find the money. James Hansen and his wife and five children were buried in one grave in Oakwoods cemetery in Chicago. All were suffocated by gas turned on by Mr. Hansen, who had become despondent over money losses. The two children of Mrs. George Spraggins were burned to death in their home near Petersburg, Ind. The Farmers' national bank at Portsmouth, O., suspended payment. Elder S. Davis, dealer in general merchandise at Monroe, La., failed for $100,000. Seven negro laborers who were sleeping in an underground camp near Williams, S. C., were killed by the earth above falling on them. Every business house at Oakland City, Ind., was destroyed by fire. The tannery of William Shuffe & Co. at Louisville, Ky., was destroyed by fire, the loss being $100,000. Sixteen passengers were badly hurt and ten others received minor injuries in a Midland Terminal railway wreck at Victor, Col. The exchanges at the leading clearing houses in the United States during the week ended on the 17th aggregated $1,062,791,224, against $1,235,652,555 the previous week. The increase, compared with the corresponding week in 1895, was 8.5.. Simon Wolf, chairman of the Cuban committee at Washington, said in Boston that congress would recognize the belligerent rights of the Cubans before February 22. There were 412 business failures in the United States in the seven days ended on the 17th, against 131 the week previous and 378 in the corresponding period of 1895. The population of Oregon, according to the census just completed by the county assessors, is 364,762, an increase of about 13 per cent. over the government census of 1890. PERSONAL AND POLITICAL F. J. Cannon and Arthur Brown were nominated for the United States senate in the republican caucus in the Utah
Click image to open full size in new tab
Article Text
Depositors Will Not Suffer. The Farmers' National Bank, of Portsmouth, Ohio, suspended payment by order of Comptroller of the Currency. Depositors will be paid in full, as the assets far exceed liabilities.
Click image to open full size in new tab
Article Text
# DOMESTIC. Gen. Ballington Booth has purchased a farm in Bergen county, N. J., to be used as a home for worn-out Salvation Army officers. Gen. F. M. Drake was inaugurated governor of Iowa at the state house in Des Moines. Fire destroyed a large portion of the business interests of Nashville, Ind. Perkins & Welsh, sugar importers and exporters in New York, failed for $500,000. Kahn, Schoenbrun & Co., manufacturers and wholesale dealers in fine clothing in Chicago, failed for $300,000. Over 600 women employed by the Westinghouse Electric company in Pittsburgh struck because of reduction in their wages. The American Protective Tariff league in annual session at New York elected Cornelius N. Bliss president and Wilbur F. Wakeman secretary. The National Datry union in session in Chicago elected W. H. Hatch, of Missouri, as president. White caps ordered W. M. Hertel to discharge a colored employe in his factory near Lima, O. He did not do so and all his property was burned. The next G. A. R. encampment of Indiana will be held in South Bend, May 13 and 14. Thomas Yost, aged 65, was divorced at Burlington, Ia., and within 30 minutes had secured a license to marry Mrs. William Frost, widow of a Methodist minister. Misses Minnie and Flora, aged 18 years, twin daughters of James Davenport, living at Fayette, Ind., died near the same hour of typhoid fever. During their lives they had never been separated from each other over night. Five masked men entered the house of Joseph Day, an old farmer at Flynn's Lick, Tenn., who was reputed to have money hidden away, and killed Mr. Day and his wife, but failed to find the money. James Hansen and his wife and five children were buried in one grave in Oakwoods cemetery in Chicago. All were suffocated by gas turned on by Mr. Hansen, who had become despondent over money losses. The two children of Mrs. George Spraggins were burned to death in their home near Petersburg, Ind. The Farmers' national bank at Portsmouth, O., suspended payment. Every business house at Oakland City, Ind., was destroyed by fire. Seven negro laborers who were sleeping in an underground camp near Williams, S. C., were killed by the earth above falling on them. Elder S. Davis, dealer in general merchandise at Monroe, La., failed for $100,000. Sixteen passengers were badly hurt and ten others received minor injuries in a Midland Terminal railway wreck at Victor, Col. The exchanges at the leading clearing houses in the United States during the week ended on the 17th aggregated $1,062,791,224, against $1,235,652,555 the previous week. The increase, compared with the corresponding week in 1895, was 8.5. Simon Wolf, chairman of the Cuban committee at Washington, said that congress would recognize belligerent rights of the Cubans February 22. There were 412 business run the United States in the ended on the 17th, against previous and 378 in the period of 1895. The Duluth Provision company, capitalized signed at Duluth,
Click image to open full size in new tab
Article Text
TROUBLES OF BUSINESS MEN. Memphis, Jan. 25.-The Clarksdale Bank and Trust Company, of Clarksdale, Miss., made a partial assignment to Walter P. Holland this morning. The complete statement of assets and liabilities is not yet known, but it is thought all depositors will be paid. The liabilities to other banks amount to $42,000; Memphis National Bank, $20,000; Continental National Bank of Memphis, $10,000; Mercantile Bank, Memphis, $1,500; Louisville Banking Company, $5,700; Chemical National Bank, New-York, $5,000. It is probable that the amount due depositors will reach $50,000. Columbus, Ohio, Jan. 25.-W. H. Bedine, bank examiner, has discovered $129,000 overdrafts in the Farmers' National Bank of Portsmouth, Ohio, reported closed a few days ago. Chicago, Jan. 25.-The Hogg-Anderson Woollen Company, wholesale dealers in woollens, have confessed judgment for $50,000. Mendota, Ill., Jan. 25.-John Wade. a well-known stock dealer of Lamoille, has made an assignment. Estimated liabilities. $36,000; assets, $13,000. Metamora, III., Jan. 25.-The assignee of Peter Schertz, a banker and grain dealer, who recently failed, made a statement yesterday showing the liabilities to be $102,000 and the assets $80,000. Minneapolis, Jan. 25.-A statement of the assets and liabilities of the City Bank, filed yesterday, shows the assets to be $481,995 and the liabilities $437,313. The bank examiner has discovered that three days before the suspension many thousands of dollars were drawn out in the form of promissory notes. A total of $57,470 was loaned to directors and the total deposits of the stockholders were but $7,500.
Click image to open full size in new tab
Article Text
NEWS OF THE WEEK. Condensed Items of Interest From all Parts of the World. PEKIN.-The British minister presented an ultimatnm to China commanding the opening of the West river. LONDON.-A Rome correspondent to the Chronicle confirms the report that the Pope instructed Satolli to offer President Cleveland the good offices of the pope in settling the Venezuelan dispute and also instructing Cardinal Vaughan to make the same approach to the English government. LIMA, Peru.-Tbe Chilian war office explains the dispatch of a division of the Chilian army to occupy the passes of the Cordilaros bordering on the Argentine republic heretofore announced is due to the execution of the programme to divide the republic into military zones. JACKSON, Miss. - The democratic joint caucus met again and took three ballots for United States senator without result. Lima, Peru-The mayor of San Miguel seized and caused to be burned in the public square of the city all the bibles and stock of the local agent of the American Bible society. LONDON.-Henry M. Stanley, M. P., writing to a friend, declares unless England consents to the arbitration of the Venezuelan affair, war with America is ineqitable sooner or later CONSTANTINOPLE. - The letter of Queen Victoria to the sultan of Turkey expressed the hope that peace would soon be restored to Anatolia. CHICAGO.-Announcement was made that the committee of officers of the National Woman's Christian Temperance Union, appointed to select & location for the next national convention, has decided to accept the invitation from San Francisco. PARIS.-The Official Journal publishes a decree which transfers the administration of affairs in Madagas car from the foreign office to the colonial department. GREENSBURG Pa.-The stables of the Hecla Coke company, at Tranger were destroyed by fire, of incendiary origion. Thirty mules, five horses, and a quantity of hay, harness, grain, etc., were burned. Loss about $12,000, partly insured. NEW YORK.-Gen. Booth, of the Salvation Army, has ordered Commander Ballington Booth to give up command of the Americon army and go to London. FORT SMITH, Ark.-Judge Parker sentenced "Cherokee Bill" to be hanged Tuesday, March 17. PRINCETON, Ill-The twenty-second annual meeting of the State Dairymen's association will be held in this city commencing February 26th and continue three days. This decision was arrived at by officers of the asso. ciation. PORTSMOUTH, O.-The Farmers' National bank snspended by order of the comptroller of the currency. No statement. OMAHA, Neb. - The Bee's Plattsmouth, Neb., special says. John Dreoga became a raving maniac and hurled his baby through the window to the ground two stories below. Four men were required to hold him. He was perfectly rational a minute before. NEVADA, Mo,-A bold robbery was committed at Nassau. It was pay day the Missouri Pacificand five robbers with masks over their faces boarded a Missouri Pacific freight train in this city and when the train stopped at the junction they held up and robbed the crew. Conductor Robert G. Trickett, of Butler, was also among the robbed and during the hold-up one of the robbers shot him through the nose and in the face. Five gold watchesand something like $200 in cash and checkswere taken from the railroad men. SILVER City.-By 8 coal mine explosion at Egypt, N. C., for men were killed or imprisoned in a shaft. It is impossible to say how many are still alive. WASHINGTON, D. C. -The pension committee of the Grand Army of the Republic will meet here to go over pension matters and prepare for urging legislation by congress, WASHINGTON. - The announcement of Dr. O'Gorman's appointment as bishop of Sioux Falls is expected to be followed at an early date by the appointment of a bishop for Sacramento, Cal. This will complete the appointments to the vacant bishoprics in the United States. ANNAPOLIS.-The ballot for United States senator was without result; Wellington lead with 27 Goldborough next with 26. Sr. PETERSBURG.-Animperial decree has been issued announcing that the coronation of the cear will take place in Moscow next May. Hong Kore The Deutche bank has
Click image to open full size in new tab
Article Text
Receiver Appointed. PORTSMOUTH, O., Feb. 11.-David L. Armstrong has been appointed receiver of the Farmers' National bank. Liabilities are about $700,000.
Click image to open full size in new tab
Article Text
THE stockholders of the defunct Farmers' National Bank, of Portsmouth, have been assessed by the Receiver 94 per cent., and it is reported that several of them will contest the payment of the assessment.
Click image to open full size in new tab
Article Text
DIVIDENDS OF FAILED BANKS Together With Some Account of Fresh Commercial Smashes, Washington, Oct. 19.-The comptroller of the currency has declared dividends in favor of insolvent national banks as follows: Twenty per cent the First National bank of Bedford City, Va.; 20 per cent the Kearney National bank of Kearney, Nebraska; 20 per cent the First National bank of Port Angeles, Wash.; 15 per cent the Farmemrs' National bank of Portsmouth, Ohio; 10 per cent the First National bank of Corry, Pa.; 4½ per cent the City National bank of Hastings, Neb. Hartford, Conn., Oct. 19.-Judge Henry E. Taintor, receiver for the assigned banking firm of George P. Bissell & Co., today filed in the superior court a partial inventory which shows 800 depositors, with total deposits of $290,000. All assets that could be found Monday total $307,236.33, but the receiver is unable to give any approximate statement of the liabilities and aside from the fact that the failure is known to be a very heavy one, nothing has as yet been ascertained. Buffalo, N. Y., Oct. 19.-The Western New York Preserving and Manufacturing company, of Springville, the largest business concern of that village, has gone into the hands of a receiver. Statements made to the court show the assets to be $26,756; liabilities $167,373. Philadelphia, Pa., Oct. 19.-Coon Bros., wholesale cheese dealers, doing business at 29 Water street, made an assignment today for the benefit of their creditors. Stringency in the money market caused the failure. No statement of assets or liabilities was given out. Topeka, Kan., Oct. 19.-The Golden Eagle Clothing company, managed by S. Ettlinger, failed today. Assets and liabilities about $30,000 each.
Click image to open full size in new tab
Article Text
WITHIN OUR BORDER. 1 WEEK'S RECORD OF OHIO HAPPENINGS. n Interesting Summary of the More Important Doings of Our Neighbors-Weddings and Deaths-Crimes. Casualties, and General State News Notes. Minor State Items. Thieves looted the post/ffice at Granille. They blew open the safe with power and got $350 in currency and $1,150 in *sdure Frank Barnes, a railroad man, while andling a revolver at Newark, shot his ttle daughter through the head. She III Andy Mulloch, aged 50, suicided at pencerville, shooting himself with a Flc. ert rifle. A protracted spree unbalneed his mind. Marietta city 5 per cent. street bonds to ie amount of $15,000 have been soid to tudolph Kleybolte & Co. of Cineinsati, 19$ jo unimed e 1 "D -y' 'V "0 off) uo durus u u[ welve miles north of Wooster, Mrs. Anna eters shot and probably fatally wounded Irs. Julia Hargrove. Both are laborers' ives. Patric Casick, one of the best-known irmers of near Marion, has filed a deed I assignment to Edmund Molloy and A . Edmunson. Assets, $40,000; liabilities, 12,000. Earl Wittaker, Arthur Calhoun and rthur Ferguson, boys whose ages range om 12 to 14 years, burglarized the saloor I Charles Laubley of Portsmouth. They ere arrested. Dr. F. W. Reinhart, a physician of onton, was arrested on the charge of ilure to report to the health authorities case of diphtheria under his care. This the first arrest here under this statute. Canal Commissioner Daniel Hartnett ied at Napoleon after a lingering illness om brain trouble, aged 50 years. Mr. artnett was a prominent citizen in that art of the State, and his death was a se ere shock to all. David Armstrong, receiver of the Farm's' National Bank at Portsmouth, anbunees a second dividend of 15 per cent., aking the total amount so far paid 40 r cent. Hestates that the bank will ay 75 per cent. and possibly more. Helen Hull, 10 months old, in Starke ounty, was fearfull eaten by rats. The ce of the infant was literally bathed in lood, the rodents having feated on baby sh, gouging out its eyes and tearing the sh into shreds. No hope of recovery. Dr. Abraham Eller of Hamilton, aged ) years, met with a serious accident at ighths and Heaton streets. Ilis horse ecame frightened at an electric car, upt the buggy and threw the doctor out, slocating his shoulder blade and badly ruising his head. A tramp entered the office of the Acme illing Company at Aliiance, and grabbed 0 from the open money drawer. H3 shed out before the clerk could raise an arm and started for the woods half a ile away. A large crowd started in purit soon after, but so far have failed 1: d trace of the bold robber after he en. "spoom on per A body found floating in the Ohio ter iles below Portsmouth was taken in
Click image to open full size in new tab
Article Text
CONDENSED NEWS Gathered From All Parts of the Country by Telegraph. United States Senator Walcott, of Colorado, who is making a tour of the continent in the interests of bimetallism, arrived at Berlin Monday. The Eclaire asserts that a force of Greek troops has been landed in Crete. No confirmation of the statement is obtainable and it is not generally credited. Homer D. Martin, the well known landscape painter, died at 774 Wabash street, in St. Paul, Minn. He was born at Albany, N. Y., October 28, 1836. It is officially announced in London that Sir Alfred Milner, chairman of the board of inland revenue, will succeed Lord Rosemead as governor of Cape Colony. Controller Eckels said Monday that it would be necessary to appoint a receiver for the failed Merchant's national bank, of Helena, Mont., which closed its doors Saturday. Lee Harrison, who claimed to be first cousin to ex-president Harrison, died in Dennison, Tex., Monday, from a dose of morphine. The deceased was in straitened circumstances. Wm. P. St. John, the former president of the Mercantile national bank, and one of the principal champions in the east of the cause of free silver, died at his residence in New York of a complication of kidney and stomach troubles. The controller of the currency has declared a first dividend of 20 per cent. to the creditors of the First national bank of Ithica, Mich., and a third dividend of ten per cent., making in all 50 per cent. on the Farmers' national bank of Portsmouth, O. At Hollidaysburg, Pa., the Eleanor Iron Co. and striking employes have agreed to a settlement of their differences and the works resumed operations Monday after several months' shut down. The puddlers have accepted a wage scale of $2.75 per ton. Information is received from Boston that Rev. Dr. Holmes, of the Baptist church, of Terre Haute, Ind., will be appointed minister to Denmark. Dr. Holmes has seen Mr. McKinley and is said to have been assured of the appointment. He is a native of Denmark. The call of Hon. D. K. Watson upon Maj. McKinley has given rise to the rumor that he aspires to fill the senatorial seat to be vacated by Senator Sherman. The friends of Mr. Watson consider him an excellent compromise candidate. The Columbus congressman declines to talk regarding the report. Wm. J. Bryan, who was in Chicago Saturday, said that he would continue to lecture as occasion required. As a rule, his lectures will be given under the auspices of bimetallic leagues, or similar organizations, which would share in the receipts. In this way he would be assisting the silver cause and providing an income for himself. Information has been received in Detroit of the death of Fullerton Boyd Malcolm, a missionary to Korea, who was sent out by Rev. D. D. MacLaurin from the Woodward Avenue Baptist church in Detroit. in November, 1893. The deceased died of pneumonia January 3, at Chemulpo, Korea. He was buried in the cemetery at that place. At Hazelton, Pa., Bidaliano Donephlo, stonemason, Saturday night asked his Lahn TI Broadt
Click image to open full size in new tab
Article Text
NEW YORK MINING STOCKS. Ontario Bulwer $0.50 $9 00 80 85 Cholor Ophir 20 20 Crown Point ..... Plymouth 1 00 Quicksilver Con., Cal. & Va 1 90 1 00 10 00 Deadwood do pfd 40 30 Sierra Nevada ... Gould and Curry Hale and Norcross 1 10 Standard 1 50 29 00 Homestake Union Con 35 32 Iron Silver Yellow Jacket 25 Mexican 40 FOREIGN FINANCIAL. NEW YORK, Feb. 15.-Evening Post's London financial cablegram: Because of the political situation the stock markets were flat today, with wide fluctuations. Consols opened at 1121/4, fell to 111½, and closed at 112. Prices at the close were generally better on the less panicky condition of the continental bourses. The latest report in the stock exchange this evening is that Germany is to intervene, with the consent of the powers, between Greece and Turkey. This is only stock exchange information, but I give it, because it determined the tone at the close. There is good buying today at the reduced prices. Americans were flat in sympathy with the other markets. Silver was flat and much disturbed by cables reporting that Japan is about to adopt the gold standard. Berlin, Feb. 15.-Business on the bourse today here opened flat in all departments on the news from the East, aggravated by a panic at Vienna, but prices closed firmly, on the semi-official announcement of the German government on the Cretan question. Paris, Feb. 15.-On the bourse here today business opened panicky, but after fluctuations, there was a recovery. Frankfort, Feb. 15.-Business was unsettled on the bourse here today. Americans were ½ point lower. INSOLVENT BANK DIVIDENDS. WASHINGTON, Feb. 15.-The comptroller of the currency has declared dividends in favor of creditors of insolvent national banks as follows: 20 per cent Bennett National Bank, of New Whatcom, Wash.; 20 per cent Citizens' National bank, of San Antonio, Texas; 20 per cent First National bank, of Ithaca, Mich.; 10 per cent Black Hills National bank, of Rapid City, S. D.; 10 per cent Farmers' National bank, of Portsmouth, O.; 20 per cent National Bank of Pendleton, Or. NEW YORK MONEY. NEW YORK, Feb. 15.-Money on call easy at 1½2 per cent; last loan, 1½; closed offered at 11/2@13/4 per cent. Prime mercantile paper, 3@4 per cent. Sterling exchange strong, with actual business in bankers' bills at $4.87@4.87 for demand and $4.85@4.851/4 for sixty days. Posted rates, $4.851/2 and $4.871/2@4.88. Silver certificates, 645/@65c. Bar silver, 645/3c. TREASURY STATEMENT. WASHINGTON. Feb. 15.-Today's statement of the condition of the treasury shows: Available cash balance, $216,874,912; gold reserve, $146,178,274. CHICAGO MONEY. CHICAGO, Feb. 15.-New York exchange unchanged. Foreign exchange firm; demand, $4.871/2; sixty days, $4.851/gc. BANK CLEARINGS. St. Paul-$622,263.06. Minneapolis-$1,148,175.23.
Click image to open full size in new tab
Article Text
LATER. By direction of the president a congressional medal of honor has been presented to Michael Sowers, of Imperial, Pa., late private Co. L, Fourth Pennsylvania cavalry, for most distinguished gallantry in action at Stony Creek station, Va., December 1, 1864. THE issue of $10,000,000 in paper money by the Spanish in Cuba is considered as the first signal of bankruptcy in Spain, to be followed by a general suspension of specie payments. CONSIDERABLE excitement has been created by the discovery in Randsburg, Cal., of ore capable of producing $8,000 in gold to the ton. JACOB F. SHEAFFER, a distiller and liquor dealer of Lancaster. Pa., has confessed judgment to relatives for $13,846, and Internal Revenue Collector Shearer has seized all of Sheaffer's property, including distillery, bonded warehouse and retail liquor store, on a claim by the government for $45,467 THE comptroller of the currency has declared a first dividend of 20 per cent. to the creditors of the First National Bank of Ithaca, Mich., and a third dividend of 10 per cent., making in all 50 per cent., on the Farmers' National Bank of Portsmouth, O. THE exports of grain from Philadelphia since January 1 are the largest in years. Up to the present time nearly 2,50 bushels of corn and 300,000 busi of wheat have been shipped to Europe. THE treasury deficiency for the first half of February is $3,858,500 and for the seven and a half months of the current fiscal year to date $47,713,300. THOMAS D. WILLIAMS, for the past 18 years chief operator of the Western Union Telegraph Co. in Pittsburg. and well-known to the fraternity throughout the country, died ou the 15th. Mr. Williams had been connected with the Western Union for more than 30 years. A LARGE portion of the session of the senate on the 15th was occupied in a discussion behind closed doors of a joint resolution introduced by Mr. Morgan providing for the abrogation of the Clayton-Bulwer treaty with England. When the secret sussion er del the conference report on the leg.slative. executive and judicial appropriation bill was agreed to and 2. private pension bills and a number of miscellaneous bills were passed The house disposed of a large amount of business The most important measure passed was the sundry civil appropriation bill, carrying a. total of about $50,000.00 Among the other bills passed were the following: To supply the national guards of the various states with modern Springfield rifles; lending tents to the city of 1 Buífalo, N. Y., for use of Grand Army encampment next summer; furnishing a vessel to carry supplies to the famine-stricken people of India.
Click image to open full size in new tab
Article Text
General Notes. WASHINGTON, Jan. 11.-The controller of the currency has appointed Mr. Noah J. Dever receiver of the Farmers' National Bank at Portsmouth, O., in place of Mr. David Armstrong, resigned. American lumbermen assembled here today to confer with Canadians on lumber duties. The Americans will oppose strenuously the reductions the Canadians want put in a reciprocity treaty. It is stated at the War Department that no railroad company has been given permission to run through Chickamauga National Park. To-day's statement of the condition of the treasury shows: Available cash balance, $289,969,632; gold reserve, $238,288,093. A. B. Anderson and wife, of Crawfordsville, are in Washington, the guests of Representative and Mrs. Landis. The House committee on Territories reached a final agreement late yesterday afternoon to make a favorable report on the Hawaiian bill. The bill is in all essential features the bill submitted by the Hawaiian commission. The remains of the late Ambassador Romero, of Mexico, who died here recently, left to-night for the City of Mexico in a special car over the Southern Railway.
Click image to open full size in new tab
Article Text
Judge Dever Appointed Receiver. Washington, D. C., Jan. 11.-The comptroller of the currency appointed 1voah J. Dever receiver of the Farmers' National bank at Portsmouth, O., in place of David Armstrong, resigned.
Click image to open full size in new tab
Article Text
obituary NOTES. Rapid City, S. D., Feb. 4.-Porter Warner, peceiver of the United States Land Office, is dead from heart disease. Mr. Warner was one of the oldest pioneers of the Black Hills. He established "The Daily Times," at Deadwood in 1877. Chattanooga, Tenn., Feb. 4-Hugh L. Childress, superintendent of the Southern Division of the Postal Telegraph Company, with headquarters at Birmingham, Ala., died here this morning after a long illness, of meningitis. Mr. Childress was formerly manager for the Postal Telegraph Company, at Cleveland, Ohio. Chicago, Feb. 4.-Dr. T. S. Hoyne, one of Chicago's veteran homœopathic physicians, and a grandson of Dr. John T. Temple, the first homœopathic physician in Chicago, died to-day. Dr. Hoyne was the author of several well-known medical works, among them being "Hoyne's Materia Medica," "Clinical Therapeutics" and "Encyclopædia of Homeopathic Biography." Jackson, Ohio, Feb. 4.-David Armstrong died at his home here to-day. He was formerly president of the First National Bank of Jackson, later receiver of the Fidelity Bank in Cincinnati, and afterward receiver of the Farmers' National Bank of Portsmouth. He will be burled at his old home near Waverly, Ohio. Berlin, Feb. 4.-Amalie Joachim, the singer, is dead.