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SPOKANE BANKS Standing a Heavy Run with Good CourageTwo Banks Fail. SPOKANE, Wash,June 6.-The Washington National Bank and its adjunct, the Washington Savings Bank closed their doors this morning. Other banks are being subjected to a severe run, but seem to be standing the strain well.
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Spokane Banks Close. SPOKANE. Wash.. June 6.--The Washington National bank and its adjunct. the Washington Savings bank. closed their doors this morning. They were crippled by a quiet run yesterday. Both show strong assets in excess of liabilities, but could not get money in time for the sudden whirl. Other banks were subjected to a severe run. At 2 o'elock this afternoon. the Citizens' National bank closed its doors. It is reported here. on apparently reliable authority. that the Palouse City bank of Palouse. has also suspended.
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savings and Individual deposits to a total of about $600,000. Its officers, however, were prompt in announcing that the thirty days' notice would be required, and the savings depositors had consequently to be content with giving notice of their intention to draw out next month. A large number of those who have withdrawn their money from banks within the past twenty-four hours have deposIted it in safety deposit vaults, and it is now almost impossible to secure a lock-box at any of these institutions. The crowd about the Prairie State National Bank and the Prairie State savings and Trust Company was even greater than that of yesterday. The former institution suffered but little to-day, however, as the depositors are business men who have implicit confidence in the stability of the bank. Both institutions met all demands. Another Bank Crippled. SPOKANE, WASH, June 6.-The Washington National Bank and its adjunct, the Washington Savings Bank, closed their doors this morning. They were crippled by runs yesterday. Both show strong assets, much in excess of liabilities, but could not get money in time for the sudden whirl. The other banks are being subjected to a severe run, but seem to be standing the strain well. New York Financiers Pleased. NEW YORK, June 6.-Local bankers and financiers warmly approve of President Cleveland's announcement of his intention to call an extra session of Congress to deal with the silver question. President Wright, of the National Park Bank, stated to a reporter to-day that he thought it very wise on the part of President Cleveland to call an extra session of Congress. The people, he beHeved, had had a sufficiently instructive lesson on the Sherman silver law. and were now quite ready for its repeal. President Williams, of the Chemical Bank, heartily approved of President Cleveland's intention. Mr. Williams declared that all of the present financial trouble was caused by the silver law. Among others interviewed, who expressed themselves favorable to President Cleveland's intended action, were Presidents Simmons of the Fourth National Bank, Randolph of the Continental National Bank, Tappan of the Gallatin National Bank, Cannon of the Chase National Bank, Mr. Jefferson Seligman and Henry Clewes.
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Two Banks Closed at Spokane. Spokane, Wash., June 6.-The Washington National Bank and its adjunct, the Washington Savings Bank, closed their doors this morning. They were crippled by runs yesterday. Both show strong assets, much in excess of the liabilities, but could not £e; money in time for the sudden whirl. Other banks are being subjected to a severe run, but seem to be standing the strain well.
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session this morning. These are collateral institutions of F. 8. Ashley Mears. SPOKANE, Wash., June 6.-The Washington National Bank and its adjunct. the Washington Savings Bank. closed their doors this morning. They were crippled by the run yesterday. but both show assets much in excess of liabilities. The other banks are being subjected to a severe run. but seem to be standing the strain well. BINGHAMTON, June 6.-Parsons & Beach. general store keepers at Whitneys Point, this county. have failed under somewhat peculiar circumstances. It is said that Beach came to Binghamton yesterday and effected n bill of sale of the firm's property to protect his father. William Beach. who. during the past three years has endorsed the firm's paper to the extent of $7,000. Mr. Parsons will try to have the assignment set aside PO that the firm's assets may be equally divided among the different creditors. According to Parsons's attorney there was no occasion for making an assignment. The stock will inventory nt fully $12,000. Aside from the $7. 000 indebted nesst William Beach. they probably owe $2,000 to the trade. TROY. June 6. -The - Inventory and schedules of James H. Carpenter. banker and Eastern agent of the Northwestern Guaranty Loan Company were filed to-day. The statement shows the liabilities to be $255,223.28. and the nominal assets $257,852.04. The actual assets are placed at $131,671.85.
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Spokane Banks Closed. (By telegraph to the Dispatch.] SPOKANE. WASH., June 6. - The Washington National Bank and its adjunct. the Washington Savings Bank, closed their doors this morning. They were crippled by runs yesterday. Both show strong assets, much in excess of liabilities. but they could not get money in time for the sudden whirl. The other banks are being subjected to a severe run, but seem to be standing the strain well.
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Two Spokane Banks Closed. SPOKANE, Wash., June 7.-The - Washington National Bank and its adjunct, the Wash'ngton Savings Bank, have closed their doors. They were crippled by the quiet run of Monday. Both SDOW strong assets, much in increase of the liabilities but could not get money in time for the sudden whirl. The other banks are being subjected to a severe run but seem to be standing the strain well.
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SPOKANE BANKS SUSPEND. Officials Say Depositors Will Be Paid in Full. RUN ON CHICAGO BANKS. The Illinois Trust and Savings Bank Continues to Pay. Phil Armour Calls in One Hundred Depositors and Then Assures Them of the Bank's Solidity-Other Banks Closed. SPOKANE, Wash., June 6.-The Washington National bank and its adjunct the Washington Savings bank closed its doors this morning crippled by a quick run yesterday. Both shows strong assets in excess of liabilities but could not get money in time for the sudden whirl. Other banks are being subjected to a severe run. At 2 o'clock this tternoon the Citizens' National bank closed its doors. It is reported here and apparently on reliable authority, that the Palouse City bank of Palouse has also suspended. The three banks have assets largely in excess of liabilities, and have been conducted with sound management. They were caught in the sudden whirl and fiurry, the public suddenly became alarmed, and the distance from money circles prevented a timely fortification. When banking hours arrived this morning the Washington National and Washington Savings banks, allied institutions, failed to open their doors. They had been subjected to a heavy run the day before and although they had made arrangements for money, it failed to arrive in time. This startled the public and runs were started on all the banks. By 1 'clock it had almost entirely subsided, but relief came too late for the Citizens' National, which closed its doors at 20' clock. Other banks stood the strain with no visible signs of weakening, and since they have been strengthening themselves, the worst of the flurry is believed to be over. It is generally believed that there will be no more suspensions. The officers of the Citizens' National are E. B. Hyde, president; B. C. Van Houten, vice-president; A. A. Newberry, cashier. Congressman John L. Wilson is a heavy stockholder. Mr. Hyde said tonight that his bank would pay every depositor in full, and that enough would remain to hold the stock at premium. The deposits at the time of the suspension were slightly in excess of $200,000, while against this the bank has more than $400,000 in bills receivable. The officers of the Washington National are Henry L. Tolton, president; A. M. Cannon, vice-president; E. Goodall, cashier. Mr. Goodall said they would pay everything in full and that the bank's assets were largely in excess of its liabilities.
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CONDENSED NEWS. Edwin Booth is dead. The Bedford, Ind., bank has suspended. The net gold reserve in the U. S. treasury is $90,000,000. The whisky trust has filed an $8,000,000 mortgage at St. Louis. After a running fight the Bentonville, Ark., bank robbers escaped with their booty, $10,000. St. Louis banks have attached the Wichita packing plant of Francis Whittaker for $125,000. Members of the Western Passenger association are still in a row at Chicago over World's fair rates. Potter & Potter, Boston. publishers of the New England Magazine, the Yankee Blade, the Woman's Home Journal, the American Vehicle and the Amesbury Daily, have assigned. An alstract of the condition of the national banks in Chicago on the date of the last call, showed a reserve of twentynine and forty-five hundredth per cent, or 4.45 per cent above the reserve required by law. Total resources are stated at $160,864,804. Surplus fund WAS $11,516,700 and undivided profits $2,566,000. At Spokane, the Washington National bank and its adjunct, the Washington Savings bank, closed their doors. They were crippled by the quiet run yesterday. Both show strong assets in excess of liabilities but could not get money in time for the sudden whirl. The other banks are being subjected to a severe run, but seem to be standing the strain well.
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LOWERING CLOUDS. Eastern Banks and Mercantile Concerns Go Down. NEW York, June 14.-A run was started on the Irvine Savings Institution this morning as soon as the doors were opened and twenty minutes afterward the paying teller had paid out $7500. A speculator was on hand offering to buy up all the books he could get for 10 per cent commission. Treasurer Latimer said the bank had on hand $1,000,000 and could get as much more at a moment's notice if neccessary. This is the bank in which Superintendent Preston discovered a deficiency of $70,800 yesterday. This afternoon Superintendent Preston made the following statement: "The directors of the institution are averse to making the condition of affairs public, fearing the run would hurt the bank's standing, but I advised them to take the public into their confidence. The run will probably be over by to-morrow, when the solvency of the bank will become generaliv known." The shortage may be larger than already announced, as the channels through which the money disappeared are not all discovered. There may be other dishonest officials than those mentioned last night. No arrests have yet been made. Ernest E. Kipling, importer of precious stones, 182 and 184 Broadway. with offices at Providence, R. I., and Paris, France, failed to-day. The liabilities are about $150,000, and the nominal assets exceed that amount. SPOKANE, Wash., June 14.-Receiver Augustine of the Washington Savings Bank has completed a condensed statement of the bank's condition that shows a gratifying state of affairs, The statement shows the total assets of the bank to be $205,690, while the liabilities, aside from the capital stock and undivided profits, are $136,463. This leaves a balance of $69,232. If 70 per cent of the assets are realized it will more than satisfy all demands against the bank. The receiver will leave to the stockholders the question of resuming business. MT. VERNON, Ohio, June 14.-The Chicago Brown Stone Company, engaged in extensive quarrying in Knox County, has been placed in the hands of a receiver. PAINESVILLE, Ohio. June 14.-The run which began on the Lake County Bank of Tapon, Wilcox & Co. yesterday culminated in its doors being closed this morning. Notice was posted stating that the bank had suspended temporarily and all the depositors would be paid in full. The general impression is the bank will be able to resume. The personal estate of the stockholders is liable for the indebtedness, in all amounting to several hundred thou-
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A Bank Statement. SPOKANE, Wash., June 15.-The receiver for the Washington Savings bank, recently suspended, has completed a statement of the bank's affairs, showing total assets of $206,000; liabliIties, $136,000.
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PANICKY FEELING GONE. Spokane, Wash., June S.-Quite a little run was kept up all day yesterday on local banks. The Traders' bank paid $150,000. The Citizens' National bank closed its doors at 2 o'clock. The panicky feeling is nearly over now. Two hundred and forty thousand dollars in gold reached the city last night from New York and Portland. One hundred thousand of this amount is for the Washington Savings bank, vhich went down yesterday with the Washington National bank. It is believed the savings bank will open to-day
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Will Pay Every Dollar. SPOKANE. Wash. June 15. The receiver of the Washington Savings Bank, recently suspended. has completed his statement of the bank's affairs. showing total assets of 8206.000 and liabilities of 8136.000.
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Fight Over Bank Receivership. SPOKANE, June 24-A lively fight is on for the receivership of the Washington Savings bank. One of the judges of the superior court first appointed H. W. Augustine as receiver, and a few days later Judge Acher appointed W. B. Roberts and removed Augustine. The appointment of Roberts gave offense to many stockholders and depositors, and thus sustained, Mr. Augustine refused to give up possession. Tonight the sheriff is in possession of the bank.
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PANICKY FEELING GONE. Spokane, Wash., June 8.-Quite a little run was kept up all day yesterday on local banks. The Traders' bank paid $150,000. The Citizens' National bank closed its doors at 2 o'clock. The panicky feeling is nearly over now. Two hundred and forty thousand dollars in gold reached the city last night from New York and Portland. One hundred thousand of this amount is for the Washington Savings bank, -vhich went down yesterday with the Washington National bank. It is believed the savings bank will open to-day
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THE report of Receiver W. B. Roberts, of the suspended Washington Savings bank, of Spokane, reveals the fact that its officers, if not criminally liable, are morally guilty of squandering the money belonging to its depositors. They have been transacting a most reckless business and are guilty of gross mismanagement. Among other things the report shows that in the list of liabilities nearly all are classed as unsecured. The officers of the bank have used about $50,000 of the money which is represented in the assets by their individual paper. Men who will squander money left with them for safe keeping in such a reckless manner should be made to suffer for their crimes,
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Vancouver's district court calendar includes 17 divorce cases. The public school library has started at Sprague with 75 volumes. An effort is being made to organize an association of Indian war veterans in western Washington. A direct telegraph cable line between Australia and Canada is expected to be completed in two years. In a well-regulated family the olive branch of peace is sometimes a stout hickory sprout.-Dallas News. Messrs. J. F. Butcher and D. B. Southern are preparing to take a trip to the valley lands about Mt. Adams. Their purpose is to explore that region pretty thoroughly in search of desirable land. Mr. McLeod, who is placer mining on the Wenatchee, has given orders for the Chinese to go, and in the absence of assistance enforces his own orders, successfully clearing the camp of the celestials. The Olympian-Tribune says that there is a market for 100,000,000 pounds of dried prunes in this country every year of which three-quarters are imported. and wisely concludes that it is safe to plant prune orchards. It is reported that Bismarek is seriously ill, his trouble being sciatica. Having lost the use of both hands, he has also been striken with paralysis, and his condition is the subject of great apprehension throughout the nation. An editor out west who sends his paper out to "time subscribers" sends a bill each year. When a second bill is sent and thereis no response he takes it for granted that the subscriber is dead, and publishe> an "obituary notice" in his columns. A shipment of 200 doz. frogs arrived at New Whatcom Sunday over the C. P from Pitt river, B. C. The frogs were destined for San Francisco, and were al alive and kicking vigoronsly They were all singing contentedly when they arrived on the Schome dock. The North China Herald of August 12 brings further details of the great flood which it pronounces the worst since 188 No less than 1,400 villages have beer destroyed in the metropolitan perfecture of Shuntienfu alone, and 1,000 lives have been lost in Kiang Tung. An English epitaph reads: "Ann E. wife of Jeremiah Walters, died Novem ber 16, 1868, aged 86 years 5 months She was a true and faithfnl wife to each of the following persons: Enoct Francis, John Sherman, W. Nassen, J Walters." Successively, probably. Bill Nye's income is probably the largest of any humorist alive, for besides the immense amount he realizes from his annual tours, he has a yearly income from his books of over twenty thousand dollars-his full income being estimated at fifty thousand dollars. The charge on which ex-City Treasurer Isensee was for the second time arrested at New Whatcom was misdemeanor, and the penalty provided by law is imprison ment not exceeding one year, nor less than one month in the county jail, or a fine not exceeding $5000, or both. An action has been brought in the superior court at Spokane by W. B. Roberts as receiver of the Washington savings bank against the Washington national bank to recover possession of $35,000 in notes and securities, and for an addition al judgment of $18,000, and charging the officers of the bank with fraud. A young printer in a country newspaper office fell in love with a clergy man's daughter who did not seem to reciprocate his affections. The next time he went to church he was rather taken aback when the minister announced the text: "My daughter is greviously tormented with a devil."-The Newspaper Man. John H. Haynes has filed a suit for $20,000 against the Spokane Chronicle for libel, on account of a sensational article headed "Found His Bones," and relating how Haynes murdered a man in Peaceful valley and buried his body. Haynes says he is not a murderer and that his reputation has suffered as a consequence of the publication. An editor of a country paper, who is unmarried and dwells in single blessedness, made the proposition to send his paper free of charge for one year to every maiden who would send her address and alock of her hair befor@Jan.1, 1890. He has how the largest circulation in the neigbborhood and enough hair to stuff a mattress.-Roslyn News. Sensational developements have come out of the arrest of Henderson for cattle stealing at Coulie City. Henderson, in turning state's evidence, implicated a number of well-known stock men around Waterville and Foster Creek. Warrants were sworn out for John Brookhouse, of Cold Spring basin, James and Thomas Pearson, brothers, residing at Foster Creek, and Young Minton, south of Badger mountain. Frank Crikeliar of Green Bay, Wis., thus tells us how Chicago derived its name: "I will tell you the story of the christening", be said as he stood in a group of men and women. "While seated around a camp fire in a tepee in 1856 old told that
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since January 1, 1893, are $7,345,568 There were filed for records last weel 94 deeds, the consideration aggregat ing $102,839. Two Seattle capitalists who have been looking over the Wenatche river placer mines have ordered a $10, 000 outfit, and will begin work at once on the mines. There has been put in at Por Stanley a dike and tide gate on th water front, perfectly draining and claiming a body of the richest land in San Juan county. A strong effort is being made t have the mail service between Bellingham bay and Port Townsen made a daily one, instead of tri-weekly as it is at present. The State Historical Society, in ses sion at Tacoma, elected Elwood Evans President; Allen Weir, Vice-President C. W. Hobart, Secretary; Edward Huggins, Treasurer. Through the efforts of T. W. Gillett 125 young black bass have beer received from the United States fisl commission hatchery at Quincy, Ill. to stock Lake Padden. A couple registering as J. H. Hil and wife came to a Walla Walls hotel and went away leaving a four months old child. The sheriff is after them with a warrant. Ex-Clerk McIntosh waived examina tion in justice court at Whatcom and was bound over to appear for trial in the superior court, his bond being fixed at $2,500, which he furnished. Mrs. L. A. Swem, of Dryad, Lewi county, who was to have been tried a the October term of court for shooting Jay Fenton Brown because he circu lated slanderous stories about her, i dead. The assessed valuation of taxable property within the city limits o Whatcom is $4,700,000. A motion to establish the tax levy at 10 mills ha been made in the council, but has no yet been acted upon. At Whatcom Cook & Clark hav employed a new set of shingle-weaver to fill the places of those who strucl Thursday because of 50 cents redue tion in wages. The new men are work ing on the reduced scale. A coal train separated on the North ern Pacific grade near Ellensburg Sun day morning, one end crashing int the other. A half-dozen cars wer smashed, but no one injured. The track was cleared in two hours. A terrific hail storm passed over th eastern part of the Palouse valle Monday about noon. The stones wer as large as an ordinary marble, and fell in perfect torrents. A great des of standing grain was damaged by th storm. Farmers about Walla Walla hav secured subscriptions amounting t $600 to prosecute claims before the courts asking for lower railroad freigh tariffs on wheat. Subscription list are still out and able lawyers will b engaged. W. R. Gourley, of Ionia, Mich., ha arrived at Port Townsend to take T M. Fisher's position as immigration inspector. Gourley was a teacher in the State reformatory at Ionia fo three years. The new office is worth $4 a day and expenses. The Colville reservation surveyor have found considerable float-rock o much richness, and miners are anx iously waiting for the reservation to be thrown open. People are already moving into the neighborhood 80 as to be ready in case it is opened in the spring. Sol Cameron, of Spokane, has beer awarded the contract for the new administration building of the Pullmar agricultural college. The structure will be a handsome three-story one of pressed brick and granite, with slate and tile floors. The contract price i $43,000. In the county clerk's office at Pen dleton has been filed a map of Fruit dale, a proposed town to be started or the State line between Washington and Oregon, in the vicinity of the Mu creek neighborhood. About a hal section is dedicated as a townsite by four Walla Walla people. Brian Stapleton, 67 years old, and for 13 years a resident oi Salkum Lewis county, was severely injured by a man named Carrahan, who bit piece off his ear, chewed his thumb si that it had to be amputated and other wise maltreated him. He has sued Carrahan for $5,000 damages. In the suit of Receiver Roberts, o the Washington Savings bank, a Spokane, Judge Arthur appointe Paul Strobach, sr., receiver for $36 000 of paper held by the National banl as collateral security, and $10,00 worth of notes, and granted an injune tion against selling $35,000 worth o notes until the suit is tried. F. M. Wade, of Tacoma, who has been inspecting the Eastern Washing ton wheat fields, says wet weather i delaying harvesting. Half the wheat of Whitman county is still standing Some is already damaged for milling purposes. but if the present storn
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HE TALKS TOO MUCH . That Is the Latest Charge Against Judge Arthur. THE TESTIMONY IS ALL IN Now the Public Will Have to Await the Report Which the Special Committee Will Make to the Legislature. Special Dispatch to the Standard. SPOKANE, Wash., Feb. 19.-Judge Arthur was the first witness heard for the defense in the impeachment proceedings. He held the attention of the committee three hours. The investigation progressed more rapidly to-day than ever before, 30 witnesses being examined. Among the five physicians examined interest centered in whether Dr. W. W. Potter, Arthur's attending physician, would testify fully or not. The prosecution expected to show by the witness that he treated Arthur for the morphine habit. Arthur stated in the witness chair that he was willing Potter should tell all he knew. Upon Dr. Potter being called, Arthur's attorneys interferred, saying there was a mistake in his appearance; that they had not advised it, therefore the witness refused to answer other than preliminary questions, on the ground that he had gone as far as the ethios of his profession allowed as between physician and patient. Some members of the grand jury who investigated the charges against Arthur last summer were examined. Mauty, the populist prosecuting attorney of Stevens county, testified as to the supposed attempt to exonerate the judge for quashing some 20 indictments in that county. Among the other witnesses examined on behalf of Arthur were the members of the Stevens and Spokane counties grand juries. The witnesses talk little, and only general conclusions can be drawn. Arthur, after testifying, was forbidden by his attorneys to go near the committee and was not permitted to talk to newspaper men or any one connected with the case. The attorneys declare the greatest difficulty they have to manage in this case is in keeping their client from talking too much. The committee closed its investigation at 9 o'clock to-night and left at 10 o'clock for Olympia. It is impossible to predict what the decision will be. Many prominent Spokane people accompanied the committee west. Lambley was seen before the train left, but like the rest, he talks to no one. A sensational step was taken to-day in the case of A. L. Davis and others against the Washington Savings bank. Ten of the largest creditors of the bank to-day asked the court to remove W. B. Roberts as receiver on the ground that his work was unsatisfactory and his charges and expenses exorbitant.
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Judge J. Z. Moore of the superior court at Spokane has summartly removed W. B. Roberts as receiver of the Washington Savings bank. and appointed In his place on petition of seventy-five or eighty creditors Henry M. Richards of the Spokane & Eastern Trust Company. In his decision Judge Moore roasted George Turner. the receiver's attorney, and the affair caused a sensation. as it is well known that Moore and Turner are bitter personal enemies,
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lowing decisions have been handed down by the supreme court: G. Brodeck and John Schlessinger, respondents, vs. W. C. Stetson, appellant, from King county; reversed. Charles Hill, respondent., vs. W. E. Frink, appellant, and W. F. Gehres et al., respondents, vs. D. C. Hayes et al., appellants, from Lincoln; affirmed. W. B. Roberts, receiver of the Washington Savings bank, of Spokane, respondent, VS. Washington National bank, from Spokane; reversed.