19385. Union Trust Company (Pittsburg, PA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
trust company
Start Date
November 27, 1873
Location
Pittsburg, Pennsylvania (40.441, -79.996)

Metadata

Model
gpt-5-mini
Short Digest
d9a19cc6

Response Measures

None

Description

Multiple newspapers (Nov 27–28, 1873) report the Union Trust Company of Pittsburgh 'has suspended' and that its cashier is missing. The articles report a suspension only; no reopening or receivership is mentioned in these clippings. Because the bank is reported suspended with the cashier gone and no subsequent reopening is documented here, I classify as suspension_closure while noting the permanent closure/receivership is not explicitly reported in these snippets.

Events (1)

1. November 27, 1873 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Cashier suddenly disappeared; disappearance precipitated suspension of the bank's operations
Newspaper Excerpt
THE Union Trust Company, of Pittsburgh, has suspended. The cashier is missing
Source
newspapers

Newspaper Articles (3)

Article from Eaton Weekly Democrat, November 27, 1873

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Article Text

NEWS SUMMARY. The East. THE bankruptcy proceedings against Jay Cooke & Co. have been postponed to Nov. 27. THE trial of William M. Tweed is in progress at New York. A week was consumed in selecting a jury It is very singular and a very deplorable spectacle, immigrants who have just reached this country seeking to return to Europe. The officers of vessels leaving New York for Germany are constantly besieged with applications from this class to be permitted to work their passage back to the Old World There is a hot competition between the great dry goods houses of Claflin and St art, of New York, and both are selling goods at prices lower than have heretofore been reached since the war. THE war steamer Kansas has sailed from New York for Cuban waters, with sealed orThe ders. Others will follow immediately suit of G. B. Lamar against Charles A. Dana, to $100,000 for illegal aprisonment in 1865, while Dana was Assistant Secretary of War. has been decided at New York in favor of the defendant. THE Philadelphia carpet-manuf acturers are beginning to suffer severely. Two have suspended, and others have been sold out by the Sheriff A fire in Haverhill, Mass., on the 16th inst., destroyed $175,000 worth of property. ANOTHER suit has been begun against Jay Cooke & Co, to throw them into bankruptcy, and temporary injunction has been granted to prevent them from parting with any of their property pending the decisio of the suit. ..The Philadelphia Board of Alder have resolved to inaugurate an exte ensive system of street provements under authority of the city, to provide work for unemployed men at the rate of 12} cents per hour Edward K Windship, broker, at No. 24 Broad street New York, has disappeared, owing about 300 creditors above $500,000 Cuban bonde are being freely sold in Philadelphia at 25 cents on the dollar. THE Union Trust Company, of Pittsburgh, has suspended. The cashier is missing The widow of the late Secretary Stanton died last week at Philadelphia. The West. HON. WILLIAM GALLIARD, member of the Illinois Legislature, recently committed suicide by shooting himself. Cause, unrequited love. A dispatch from Victoria, British Columbia says: The steamer California arrived to-night from Sitka, Alaska Territory, of and confirms the new and recent discovery rich gold fields in Cassian county. She brought down twelve miners and $15,000 in dust. The is intense. One party took out $197 in eight hours' rocking Capt. Brown, of the Fifth Cavalry, recently went on scout in the Tonto Basin country, of Arizona, and killed fortv-six Apaches. The reported arrest of two of the Iowa train robbers in Kansas was a hoax An affray between soldiers and citizens in Bismarck, Minn. on the 11th inst. resulted in the killing of one soldier and one citizen The gale on the night of Nov 11 was the most fearful ever experienced on Lake Michigan. Many vessels were wrecked and a number of lives lost. THE Chicago Times of the 14th inst. publishes advices from the principal manufacturing points in Illinois and the contiguous States, from which it appears that the reduction of the business as whole is less than 20 per cent. In some cases this shrinkage takes the form of running the establishments on less time in others, in diminishing the number of employes. and in others, in the reduction of wages. It is a very flattering exhibit as compared with the condition of affairs in the Eastern States. and affords a gratifying evidence of the stability of manuf acturing interests in the West Col. Thomas A. Marshall, one of the most prominent men of Illinois, died last week at his home in Centralia The United States Circuit Court at Indianapolis, has decided that railroads are answerable for damages sustained by persons riding on free passes, the same as other passengers. THE great four-mile race at San Francisco, for a purse of $20,000, was won by the California horse Thad. Stevens The remnantof the Modocs passed through Omaha last week, en route to the Indian Territory Judge McAllister has resigned his seat on the Illinois Supreme Bench to accept the appointment of Corporation Counsel for the city of Chicago. FRANK FISK, business agent for the Dayton (0.) Evening Herald, has disappeared for parts unknown with a large amount of the concern's funds. THERE is much suffering among the homesteaders of Osceola county, Iowa. Twisted hay and seed-grass is the only fuel that ninetenths of the people have, while their food and clothing are insufficient for the necessaries of life Arizona is now in telegraphic aunication with the rest of the world The Allen-Hogan prize-fight at Pacific City Iowa, broke up in row during the third round, and the referee decided the affair to be a draw The recent storm on the lakes was very destructive to shipping, and many disasters are reported The propellers City of Boston, Alaska and Java, and the schooners Orient and Hamilton are among the vessels wrecked. The captain and crew of the latter drifted about in the lake thirty-thre hours without food. and were finally washed ashore at South Haven, Mich. the whole party in a senseless condition. Their sufferings are described as terrible A fire in Buffalo on the 17th inst., destroyed $200,000 worth of property. The South. CICALLA, the dishonest Acting Mayor of Memphis, has been unanimously expelled from the Board of Aldermen. S. S. Mallory, exUnited States Senator from Florida, and formerly Secretary of the Confederate States Navy, is dead. THE New Orleans Times has a dispatch from Colfax, La., announcing the killing by the citizens of seven out of nine negroes who were implicated in the recent Grant parish outrage. Washington. SENATOR MORTON is at the capital. He is reported in good health, and favor of greenback relief Brisbane is again laying down his pneumatic tube between the Capitol and and the Government Printing Office. IT is intimated that Secretary Richardson will recommend, in his forthcoming report, that the $44,000,000 reserve be legalized and brought into active service, and that. to obviate the adequacy of therevenue to meet the necessities of the Government, the duty on coffee and tea be restored Beston partner in the well-known banking house of Riggs & Co., committed suicide few daysa The Spanish outrage is the ll-absorbing topic in official and private circles at the National Capital. The Gover rnment is manifesting a determ ination to be prepared for whatev comes out of the affair. Sounds of war are heard in our hitherto quiet navy yards and busy eparations are going forward to get vessel of war ready for sea. The Secretary of War has issued orders to immediately put in repair the Florida forts. INTERNAL revenue receipts for the first half of November, $3,670,962 Postmaster-General Creswell has finished his report to the next Congress. It is understood that he strongly urges the schemes for postal


Article from Marshall County Republican, November 27, 1873

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NEWS SUMMARY. The East. THE war steamer Kansas [has sailed from New York for Cuban waters, with sealed orders. Others will follow immediately The suit of G. B. Lamar against Charles A. Dana, to recover $100,000 for illegal imprisonment in 1865, while Dana was Assistant Secretary of War, has been decided at New York in favor of the defendant. THE Philadelphia carpet-manufacturers are beginning to suffer severely. Two have suspended, and others have been sold out by the Sheriff A fire in Haverhill, Mass., on the 16th inst destroyed $175,000 worth of property. ANOTHER suit has been begun against Jay Cooke & Co. to throw them into bankruptcy, and a temporary injunction has been granted to prevent them from parting with any of their property pending the decision of the suit. .The Philadelphia Board of Alderme have resolved to inaugurate an ensive system of street improvements under authority of the city, to provide work for unemployed men at the rate of 12 cents per hour Edward K. Windship, broker, at No. 24 Broad street, New York, has disappeared, owing about 300 creditors above $500. 000. Cuban bonde are being freely sold in Philadelphia at 25 cents on the dollar. THE Union Trust Company, of Pittsburgh, has suspended. The cashier is missing The widow of the late Secretary Stanton died last week at Philadelphia. 'Boss" TWEED has been found guilty of all the counts in the indictment against him, 204 in number For the 24 hours ending on the evening of Nov. 19, there were three suicides in Boston, two of which were occasioned by the victims being out of money and employment Thomas Kinsella, the editor of the Brooklyn Eagle, has been sued by Thomas W. Field, Sup endent of Public in Brooklyn, for $50.0 damages for debauching his (Field's) wife. The New England fishermen are bewailing the most disastrous season for many years. Twenty-f ar vessels and 152 lives have been lost John P. Hale, so long identified with the anti-slavery cause of the country, and so prominently connected with our political history, died, at Dover, N. H., on the 19th inst,, aged 68. The West. THE Chicago Times of the 14th inst. publishes advices from the principal manufacturing points in Illinois and the contiguous States, from which it appears that the reduction of the business as whole is less than 20 per cent. In some cases this shrinkage takes the form of running the establishments on less time: in others, in diminishing the number of employes, and in others, in the reduction of wages. It is very flattering exhibit as compared with the condition of affairs in the Eastern States, and affords a gratifying evidence of the stability of manuf facturing interests in the West Col. Thomas A. Marshall. one of the most prominent men of Illinois, died last week at his home in Centralia The United States Circuit Court, at Indianapolis, has decided that railroads are answerable for damages sustained by persons riding on free passes, the same as other passengers. THE great four-mile race at San Francisco, for a purse of $20,000, was won by the California horse Thad. Stevens The remnant of the Modocs passed through Omaha last week, en route to the Indian Territory Judge McAllister has resigned his seat on the Illinois Supreme Bench to accept the appoint ment of Corporation Counsel for the city of Chicago. FRANK FISK, business agent for the Dayton (0.) Evening Herald, has disappeared for parts unknown with a large amount of the concern's funds. THERE is much suffering among the homesteaders of Osceola county, Iowa. Twisted hay and seed-grass is the only fuel that ninetenths of the people have, while their food and clothing are insufficient for the necessaries of life. Arizona is now in telegraphic communication with the rest of the world The Allen-Hogan prize-fight at Pacific City, Iowa, broke up in row during the third round, and the referee decided the affair to be a draw The recent storm on the lakes was very destructive to shipping, and many disasters are reported. The propellers City of Boston. Alaska and Java, and the schooners Orient and Hamilton are the vessels wrecked. The captain and crew of the latter drifted about in the lake thirty-three hours without food. and were finally washed ashore at South Haven, Mich. the whole party in a senseless condition. Their sufferings are described as terrible A fire in Buffalo, on the 17th inst., destroyed $200,000 worth of property. COL. JOHN W. YOUNG, the money-order forger, who is now serving a term in the Illinois Penitentiary at Joliet, corroborates the story published a few days ago, to the effect that the Captain-Gene of Cuba some time ago made proposition to him to betray into the hands of the Spanish authorities not less than 100 refugees, all of whom were to be slaughtered, and thus strike terror to the hearts of the revolutionists. Young pretended to give his assent to the diabolical scheme, and was to receive $30,000 for his part of the bloody transaction Destructive prairie fires are reported in Lancaster and adjoining counties of Nebraska The merchants of Jacksonville, III., areimporting potatoes from New York. The South. THE New Orleans Times has a dispatch from Colfax, La., announcing the killing by the citizens of seven out of nine negroes who were implicated in the recent Grant parish outrage. Washington. IT is intimated that Secretary Richardson will recommend, in his forthcoming report, that the $44,000,000 reserve be legalized and brought into active service. and that, to obviate the inadequacy of therevenue to meet the necessities of the Government, the duty on a coffee and tea be restorod. Beston, partner in the well-known banking house of Riggs & Co., committed suicide few daysago. The Spanish outrage is the all-absorbing topic in official and private circles at the National Capital. The Government is manifesting a determination to be prepared for whatever comes out of the affair. Sounds of war are heard in our hitherto quiet navy yards, and busy preparations are going forward to get vessel Is of war ready for sea. The Secretary of War has issued orders to immedi ately put in repair the Florida forts. INTERNAL revenue receipts for the first half of November, $3,670,962 Postmaster-General Creswell has finished his report to the next Congress. It is understood that he strongly urges the schemes for postal savings banks and a postal telegraph Secretary


Article from The Andrew County Republican, November 28, 1873

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CRIMES AND CASUALTIES. UDDERZOOK, the man who murdered his brother-in-law that he might obtain the sum for which his life was insured, has been convicted, at West Chester, Pa., on purely circumstantial evidence, and sentenced to death. JAMES CLEMENS, of Monongahela City, Pa., last week murdered his father by disemboweling him with a bowie-knife, and then 1 ended his own life by plunging the blade into his breast, cntting his heart in two. 1 SEVEN persons were instantly killed in New 8 York, the other day, by the explosion of a e boiler, which had been criminally placed in charge of a little boy of 13 years. 1 PAUL CICALLA, the Acting Mayor of Memr phis, who appropriated to his own use a pori tion of the relief fund, has been ignominiously expelled from the Board of Aldermen, by unanimous vote. ) 1 THE steamship Ismalia sailed from New York 1 for Glasgow on the 29th of September, and has not been heard from since early in Octo8 ber. She has been given up as lost. 8 AT Talequah, Cherokee Nation, a few days ago, several persons attacked and killed a a desperado named R. J. Foreman, who fought like an enraged tiger, and succeeded in slaying two of his assailants before he gave up the ghost. 1 SEVEN of the nine negroes engaged in the t late Grant parish (La.) outrages have been killed by the citizens. r GEORGE GRAHAM, an ex-captain of the 8th Cavalry, who some time ago attempted to a murder and rob Paymaster Brooks, in Coloe rado, has been tried at Denver and found 1 guilty of conspiracy against the Government. e CLARENCE PRENTICE, the only surviving son of George D. Prentice, was thrown out of his k buggy and killed, at Louisville, Ky., a few days 8 ago. A BROAD street (New York) broker has absconded owing about 300 creditors above half a million dollars. HIRAM C. MERRIMAN, a Second Advent 8 preacher, is in jail at Grand Rapids, Mich., S for outraging a little girl 9 years old. ROBERT PORTEE, one of the Stokes jurors, d has been indicted at New York for bribery. , THE Cashier of the Union Trust Company, of Pittsburgh, suddenly disappeared the other y day, in consequence of which the institution has suspended. c RIEL, the Manitoban rebel, has been indicted e for murder. . S THE trial of William M. Tweed has been 1. concluded at New York, and the "Boss" has n been found guilty of all the charges contained in the indictment against him. e THE Chicago papers publish a detailed nare rative from the lips of the forger and advene turer, .. Col." J. W. Young, now an inmate of r the Illinois Penitentiary, of the alleged attempt of Valmaseda, then Captain-General of Cuba, to induce him to betray an expedition of filibusters into the hands or the Spanish authorities. William A. Sharkey, a convicted murderer escaped from the New York Tombs, a few n days ago, disguised in female apparel. e