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Not Enough Silver. PITTSBURG, Dec. 14.-R. Patrick & Co., bankers. suspended. It was one of the oldest private banking houses in the city. Liabilities, $500,000; assets, $700,000. It has been on the verge of failure since the panic. Depositors will be paid in full.
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CONDENSED TELEGRAMS. The case of Judge Long of the Michigan Supreme court against Commissioner Lochren of the pension bureau, in which is involved the right and power of the commissioner to suspend pensions regularly allowed, will be argued on the 22d instant before Judge Bradley of the District of Columbia. A petition has been circulated in Frankfort, Ky., for a few days past, and also in other counties in the State, asking for the pardon of ex-State Treasurer James W. Tate, who fled the State in March, 1888, leaving a shortage of $200,000. He is thought to be in China or Japan. R. Patrick & Co., bankers of Pittsburg, have closed their doors. The announcement was made shortly after 10 o'clock. The firm is one of the oldest private banking houses in thecity. Their liabilities are $300,000; assets, $700,000. The House sub-committee having charge of the proposition to repeal the tax of 10 per cent. on State banks expects to be ready on Tuesday next to report a bill for the consideration of the committee on banking and currency. The Augusta, Ga., exposition has closed after 30 days of most successful continuance. Many of the exhibits and special attractions will go to the midwinter exposition at San Francisco. The President's message on the Hawaiian question will be some 2500 or 3.000 words long. The message will probably not go to Congress before Monday. The redistricting bill, which would have put Charleston in what is generally known as the black district, was killed in the Legislature yesterday. Judge McAdam has given Amy Boucicault, known on the stage as Amy Busby, an absolute divorce from her husband, Actor Aubrey Boucicault. The British cabinet has decided to expend $40,000,000 in the construction of new ships.
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CONDENSED DISPATCHES. R. Patrick & Co., bankers of Pittsburg, have suspended. Assets $200,000 above the liabilities. Fire did $175,000 damage in the dry goods house of W. H. Frear, at Troy, N. Y., Wednesday night; fully insured. Amy Busby, the actress, has been granted a divorce from Aubrey Boucicault. Victory Batenan was the co-respondent. The report of the assignee of M. J. Schloss & Co., New York, shows a deficiency of $500,000 between assets and liabilities. The Depauw factory at Alexandria, Ind., was closed Thursday by the sheriff, judgment for $465,000 having been obtained against Depauw. Three shocks of earthquake were felt in many Indiana towns Thursday afternoon. Alton. III., experienced three shocks, the two last being severe. Mrs. George H. Ashley, wife of a prominent farmer, near Stockton, Cal., was crushed to death Wednesday by a pile of sacked grain toppling over on her. A battle between revolutionists and government troops is said to have taken place near Juarez, Mexico, last Friday. The rebels lost twenty-five and the soldiers 100 in killed. The commissioner general of the land office has approved of lists Nos. 16 and 17 for land patents on the Southern Pacific railroad and branches. The lists involve 25,000 acres. Miss Gracia Mildred Black, daughter of Congressman J. C. Black, and Rev. Frank Buffing. ton Vrooman. of Worcester, Mass., were married in Washington City Wednesday. The house committee on public lands has reported favorably the bill allowing Montana to select the lands she was granted under the enabling act before they are surveyed, title not to pass until survey is made.
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BANKERS IN TROUBLE. Various Concerns Find Themselves Forced to the Wall. PITTSBURG, Dec. 14.-R. Patrick & Co., bankers, have suspended. It is one of the oldest private banking-houses in the city. Liabilities, $500,000; assets, $700,000. The house has been on the verge of failure since the panic. Depositors will be paid in full. ANDERSON, Ind., Dec. 14.-It is reported that judgment has been taken against the Depauws for $465,000, and that!the Sheriff is closing the glass factories at Alexandria. ROME, Dec. 14-The suspension of Maquay, Hooker & Co. will be disastrous to English and American residents here and at Florence. Many will be left temporarily helpless.
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Bank Failure at Pittsburg. PITSSBURG, Dec. 14.-R. Patrick & Co., bankers, have suspended. It is one of the oldest private banking houses in the city. Liabilities, $500,000; assets, $700,000. It had been on the verge of failure since the panic. The depositors will be paid in full.
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4 PITTSBURGH PRIVATE BANK FAILS. Patrick & Co.'s Assets Estimated at S700,000 and Liabilities at $500,000. PITTSBURGH. Dec. 14.-The private banking house of R. Patrick & Co. of 52 Fifth avenue closed its doors this afternoon. Its assets are placed at $700,000 and its liabilities at $500.000. Its liabilities to depositors are said to be $166,000. An assignment will be made. It is given out that the bank hopes to resume. The bank has been making a hard struggle for several months past, and the stringency in the money market. its inability to realize speedily on its assets, which consisted largely of valuable real estate, and the desire to protect its depositors led to the decision to suspend and assign. Several times it has been on the verge of closing. The house was established in 1847 under the Arm name of Patrick & Friend, the firm consisting of R. Patrick, brother of W. W. Patrick, the present sole member of the firm. and A. Friend, both of whem are dead. The immediate cause of the suspension was the failure of the Clearing House Association to pass checks amounting to $21,000. W. T. Wallace. who is the cashier of the concern, is also quite wealthy. and it is said that depositors will be fully paid. This is the first bank failure which Pittsburgh has experfenced this year. No national bank has ever failed here.
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PITTSBURG BANK FAILS. Pittsburg, Dec. 14. R. Patrick & Co., bankers, have suspended. It is one of the oldest private banking houses in the city. Liabilities, $500,000; assets, $700,000. It has been on the verge of failure since the panic. Depositors will be paid in full.
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TELEGRAPHIC BREVITIES. BOSTON, Dec. 15.-Prof. Henry W. Torrey, one of the oldest professors of Harvard, is dead, aged 80. FRESNO, Cal.. Dec. 15.-Chris. Evans, the murderer and train robber, was senteuced to imprisonment for life. PHILADELPHIA, Dec. 15.-The Crane Iron company assigned this afternoon. The company is capitalized at $2,000,000. LONDON. Deo. 15.-A bomb loaded with powder and shot and with a lighted match Attached, was found in a church at Uelzen, Hanover. WASHINGTON, Dec. 15.-The secretary of the interior ordered the removal of John C. Carlin. register of the land office as Prescott. Arizona. PARIS, Dec. 15.-The - chamber of depatiee adopted the explosives bill and associations bill. both anti-anarchist measures, by sweeping majorities. SAN FRANCISCO, Dec. 15.-A Chinese wash house burned this morning. Two bodies have been taken from the ruins. It is supDosed that two more perished. BUENOB AYRES, Deo. 15.-It is stated that the rebel warships now completely blockade Rio and Santos. A number of failures of merchants in San Paulo have occurred. TROY, Dec. 15.-Fire in the immense hardware establishment of J. M. Warren & Co.. caused a loss of about $200,000. Insurance $165,000 on stock and $35,000 on building. BOSTON. Dec. 15.-The October statement of the Union Pacific railway shows n gross decrease of $1,066,735, a net decrease of $555,116. The net decrease for ten months is $3,956,947. CORVALLIS. Oe., Dac. 15.-The Oregon Pacific railroad was sold us sheriff's sale this afternoon for $200,000. It was bid in by Phobius Clark, of New York, representing the bondholders. PITTSBURG, Dec. 15.-R. Patrick & Co., banko M. have susponded. It was one of the oldest private banking houses in the city. Liabilities $500,000, assets $700,000. Depositors will be paid in full. SAN FRANCISCO. Dec. 15.-Among the pasaengers that left on the steamer Alameda to-day for Honolulu were L. A. Tburston, Hawaiian minister to the United States, and J. Mott Smith, wife and daughter. Smith was susceeded by Thurston when the provisional government went into powe. WASHINGTON, Dec. 15.-The funeral of Mrs. Porter. wife of the late Admiral Porter, took place to-day. The interment was by the side of her husband as Arlington. The pall bearers we'e Senator Chandler, Representative Boutelle, Admirals Jouets, Almy. Upehur and Stevens. Commodores Walker and Ramsay and Major Nicholson, of the marine corps.
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R. Patrick & Co. Resume. PITTSBURG, January 22.-R. Patrick & Co., the bankers, who suspended on December 14, with liabilities of $17,000 and assets of $700,000, principally real estate, resumed to-day. The creditors granted an extension of one, two and three years. The bank is one of the oldest in the city.
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Patrick & Co. Resume. PITTSBURGH, PA., Jan. 22.-R. Patrick & Co., the bankers who suspended on December 14, with liabilities of $19,000 and assets of $700,000, principally real estate, resumed to-day. The creditors granted an extension of one, two and three years. The bank is one of the oldest in the city.