Article Text
Suspension of an Ohio Bank NEW YORK, May 24.-It is reported that the Union Bank, of Urichsville, Ohio, has suspended.
2605af5cNone
Suspension of an Ohio Bank NEW YORK, May 24.-It is reported that the Union Bank, of Urichsville, Ohio, has suspended.
THE NEW YORK FAILURES. Brief Items Connected with the Recent Panic-Run on a Savings Bank. NEW YORK, May 24.-S. J. Drake declines the nomination of president of the Stock Exchange. The clearing-house has issued the following: The issue of loan certificates by the Clearing-house Association has SO changed the relation of banks to each other that the publication of the statement in detail would give an incorrect impression as to the actual condition of the banks. F. D. TAPPAN, Chairman. The chancellor has directed the receiver of the Newark Savings Institution to pay a dividend of 50 per cent. to the depositors on July 1. There was a small run on the West-side Savings Bank this afternoon, growing out of the $96,000 defalcation of Hinckley, the paying teller. A crowd of depositors flocked in and drew their money. Many only drew a portion. The officers of the bank refused to say anything of the defalcation, but promised a statement later. Hinckley has not been heard of as yet. The bank does not anticipate much of a run. It has a surplus of many thousands. It is reported that the Union Bank, of Uhrichsville, O., has suspended. None of the suspended Wall-street firms have yet completed statements of their condition. The creditors of H. C Hardy & Sons have appointed a committee to suggest plans for a settlement. No failures are reported at the Stock Exchange. The affairs of the late Elias J. Beach, of Glen Cove. L. I., have been settled by the surrogate. The claimants will receive about 4 cents on the dollar. The Supreme Court has granted an attachment against the property of Charles Gordon Hutton in an action begun by August Belmont to recover $14,000 on promissory notes. The attachment was granted on account of the non-residence of Hutton. In a suit begun in the Supreme Court by the Fourth National Bank, of this city, against the Pennsylvania Bank, to recover $1,000, an attachment was granted against the property of the Pennsylvania Bank in this city. Thomas J. Crombie. lumber, Ninety-second street and East River, has made an assignment. Preferred claims, $16,000.
Another Suspension. New York, May 24.-It is reported that the Union bank of Uhric ksville, Ohio, has suspended.
CONDENSED TELEGRAMS. THERE was no session of the Senate on the 24th. In the House the bill passed granting permission to L. K. Reynolds, U.S. N., to accept a decoration of the Royal and Imperial Order of Emperor Francis Joseph of Austria. THE Union Bank of Uhricksville, Ohio, suspended on the 24th. THE Toronto (Ont.) Mail office was partially destroyed by fire on the 24th. FIRE in the Atlantic Oil Works, Philadelphia, Pa., on the 24th did $200,000 damage. THOS. P. GRINNELL, a well-known New York merchant, committed suicide on the 24th. REV. HENRY T. EDWARDS, Dean of Bangor, Eng., committed suicide by hanging on the 24tb. LIGHTNING struck the petroleum tank at the Excelsior Works, Cleveland, o., on the 24th, doing $30,000 damage. ALDERMAN MICHAEL GAYNOR of Chicago, who was shot by a rough on the 13th inst., died on the 24th. THE defalcation of Hinckley, the paying teller of the West Side Bank, New York, caused a small run on the bank on tho 24th. CHINA has conferred upon Admiral Lespes the Order of the Double Dragon, with the title of Mandarin. THE French brig Senorine, which went ashore off Grand Banks, N. F., on the 23d, is & total loss with sixty-five of her passengers and crew. COMMEMORATION exercises of the founding of the Protestant Episcopal Diocese of Pennsylvania were celebrated at Philadelphia on the 24th. J. C. FISH, President of the collapsed Marine Bank, has been arrested. FOUR men were killed and five injured by a railroad collision at Savannab, N. Y., on the 25th. THE Egyptian conference meets the 23d of next month. THE story that Prince Victor Bonaparte had been left a large fortune by Mme. Moet is denied by M. Moet. GEORGE ANDERSON, a farmer, was beaten to death by his wife at Bowling Green, Ohio, on the 25th. The woman was insane. THE Northwestern Storage warehouse at Chicago, owned by Hiram Sibley & Co., burned on the 25th. Loss about $100,000. A PERSONAL friend of General Grant reports him as almost broken down in body and mind-a wrecked old man-all on account of his Wall street experience. THE graves of Communists in Pere La Chaise, France, were decorated on the 25th. The cemetery was visited by a great crowd. DELANEY, the le informer, testiNo hat Tynan, fies at Sligo on the M' was present at the Phonix Park ders.
NEW YORK, May 24.-It is reported the Union bank of Uhrichsville, Ohio, has suspended. Gone up in Snoke.
MISCELLANEOUS. THE House Committee on Public Health has made a report that it would be unwise to confer upon the National Board of Health the management of quarantines and epidemics. IN the case of William Spence, accused of murdering Ed. S. Wheat at Nashville, Tenn., the motion for a new trial was denied, and Spence was sentenced to be hanged on the 18th of July. THE Senate Committee on Territories instructed Senator Vest to report adversely the bill to change the Eastern and Northern Judicial Districts of Texas and to attach thereto, for judicial purposes, a portion of the Indian Territory. ON the 24th the Union Bank of Uhricksville, O., suspended. A SMALL run was made on the West Side Bank, New York, on the 24th, caused by the defalcation of Hinckley, the paying teller. ON the 24th commetaoration exercises of the founding of the Protestant Episcopal Diocese of Pennsylvania were celebrated at Philadelphie.