Article Text
Bank Suspension. WEST CHESTER, PA., Dec. 22.-The bank of Brandywine, of this place, failed to open its door 8 this morning at the usual hour. The directors are now in session. No particulars can be obtained at the present time.
19594. Bank of Brandywine (West Chester, PA)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- state
- Start Date
- December 22, 1875
- Location
- West Chester, Pennsylvania (39.961, -75.605)
Metadata
- Model
- gpt-5-mini
- Short Digest
77ed1a6f
Response Measures
None
Description
Bank failed to open on Dec 22, 1875, posted notice citing inability to meet drains on deposits. Directors arranged an assignment and a receiver (Wm. W. Jeffreys) was appointed; later appraisers showed large doubtful assets. No clear independent 'run' causally preceding suspension is reported — rather overstrain/losses and continued depression leading to suspension and assignment (closure/receivership).
Events (3)
1.
December 22, 1875
Suspension
- Cause
- Bank Specific Adverse Info
- Cause Details
- Overstrain upon resources from losses during the panic and continued depression of the bank's business; continuous drain on deposits forced bank to not open and suspend operations.
- Newspaper Excerpt
- This bank finding itself unable to meet the continuous drain upon its deposits...has decided not to open its doors this morning.
- Source
- newspapers
2.
December 23, 1875
Receivership
- Newspaper Excerpt
- The Bank of the Brandywine is now in the hands of a receiver, Wm. W. Jeffreys, cashier of the National Bank of Chester County. (report dated Dec. 23, 1875).
- Source
- newspapers
3.
January 15, 1876
Other
- Newspaper Excerpt
- The appraisers ... have made a statement showing the assets of the Bank of Brandywine, which recently suspended, to amount to some $65,000, of which $40,000 are doubtful. (Jan 15, 1876).
- Source
- newspapers
Newspaper Articles (18)
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Bank Suspension at West Chester. THE BANK OF BRANDYWINE SUCCUMES TO THE PRESSURE OF THE TIMES-AN ASSIGNMENT TO BE MADE. The Bank of Brandywine at West Chester, a State institution, did not open its doors for business, yesterday, owing to an overstrain upon its resources. At about 10.30 o'clock the following notico was posted on the door of the bank. *This Bank finding itself unable meet the continuous drain upon its deposits and feeling it to be unjust to allow depositors living in town any chances of preference over those at a distance, has decided not to open its doors, this morning. "It is entirely safe to say that depositors need feel no uneasiness, as the assets of the bank are unquestionably able to pay them in full at an early day." A meeting of the officers and directors, with their counsel. John J. Pinkerton and Hon. Wayne MacVeagh, was held yesterday morning. The necessary arrangements are being made for an assignment for the benefit of the Bank's creditors. It is reported that there is a likelihood of the conversion of the institution into a National Bank. but the West Chester News is assured by an officer that such is not the fact. No deposits were taken on Tuesday. Money and books were received from depositors, but all such will be returned to their respective owners. In consequence of losses during the panic and other 108808 sustained since, as well as a continued depression of the business of the institution, the affairs of the bank became in such a condition, that a suspension was inevitable.
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The Suspended Bank. WESCHESTER, Pa., Dec. 22. The Bank of Brandywine has the following notice posted on the door: "The bank, finding itself unable to meet the continuous drains upon its deposits, and feeling it, to be unjust to allow depositors living in town chances of preference over those at a distance, has decided not to open its doors this morning. It is entirely safe. The depositors need not feel any un easiness, as the assets of the bank are unquestionably able to pay them in full at an early day. Crowds are around the bank and much excitement exists.
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Bank Suspension. WESCHESTER, Pa., Dec. 22. The Bank of the Brandywine did not open this morning. The directors are in session. - in - - - Fine
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Bank Matters. WEST CHESTER, PA., December 23.The Bank of the Brandywine is now in the hands of a receiver, Wm. W. Jeffreys, cashier of the National Bank of Chester County.
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THIRD EDITION. Bank Suspension. Sudden Collapse of the Band of Brandywine, of West Chester. Yesterday morning, the Bank of Brandywine, of West Chester, owing to an overstrain upon its resources, failed to open its door. About 10:30 o'clock the following notice was posted on the door of the bank. "This bank finding itself unable to meet the continuous drain upon its deposits and feeling it to be unjust to al. low depositors living in town any chances of preference over those at a distance, has decided not to open its doors this morning. It is entirely safe to say that depositors need feel no uneasiness, as the assets of the bank are unquestionably able to pay them in full at an early day." During the morning the Officers and Directors held a meeting with their counsel, John J. Pinkerton and Hon. Wayne MacVeagh, the result of which is unknown, nothing being made public,There have been rumors afloat that the institution was likely to be converted into a National Bank, but such rumors are entirely without foundation. The Bank Officers and Directors are now making the necessary arrangements for an assignment for the benefit of its creditors. No deposits were taken on Tuesday. Money and books were received from depositors, but all such will be returned to their respective owners. In consequence of losses during the panic and other losses sustained since, also a continued depression of the business of the Institution, the affairs of the bank became in such a condition, that a aus. pension was inevitable.
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P Bank Matters. West CHESTER, PA., , December 23.The bank of Brandy wine is now in the hands of a receiver, William W. Jeffreys, cashier of the National bank of Chester county.
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THE BANK FAILURE AT WEST CHESTER..- The Board of Directors of the suspended Bank of Brandywine, at West Chester, have resolved to wind up the affairs of the institution, and have made an assignment of all real and personal property to William W. Jefferis, cashier of the National Bank of Chester county. A full statement of the condition of the Bank will be made public in a few days. The bank lost heavily in 1873. and has since been steadily drained of deposits.
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1 is USPENSION OF A BANK. Yesterday morning the Bank of Brandy. wine, of West Chester, owing to an overstrain upon its resources, failed to open its doors. About 10.30 o'clock the following notice was posted on the door of the bank "This bank finding itself unable to meet the continuous drain upon its deposits and feeling it to be unjust to allow depositors living in town any chances of preference over those at a distance, has decided not to open the doors this morning. It is entirely safe to say that depositors need feel no uneasiness, as the assests of the bank are unquestionably able to pay them in full at an early day." During the morning the Officers and Directors held a meeting with their Counsel, John K. Pinkerton and Hon. Wayne MacVeagh, the result of which is unknown, nothing being made public There have been rumors afloat that the institution was likely to be converted into a National Bank, but such rumors are entirely without foundation. The Bank officers and Directors are now making the necessary arrangements for an assignment for the benefit of the creditors. No deposits were taken on Tuesday. Money and books were received from depositors, but all such will be returned to their respective owners. In consequence of losses during the panic and other losses sustained since, also a continued depression of the business of this Institution the affairs of the bank became in such a condition, that suspension was inevitable.
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evening, throwing down the paper with a sigh, "I don't think 80 much of the President's mes. sage, Leander. He don't say a single word about Tweed's escape or the Beecher scandal." -Mother Stewart salts for England January 1st. She is gome ACIONS the briny deep on a crusade against intemperance. We hope she will land at Liverpoolin the full possession of her faculties.and makeet hot for the people of " the tight little island. Peter Herdic, Esq., of Williamsport. has just bualt a large and handsome church and furnished it in the most elegant manner, with organ and all other nitters complete, ready for worsbin, at a cost of $100, 00, which he proposes to formerly present to the Protestant Episcopal church of William sport on Christmas day, clear of ail incumbratices, -A Corry jeweier has a clock which first ticked in 1411. -It is contemplated to change the - D laware Laczawanna and We tern railroad (400 miles long) from A broad to a narrow gaug The four foot eight inch track would necessitate the tak. ing apart and changing to suit the narrow gauge about 12,000 coal cars. -Hon. Edgar Cowan was the defendant in a suit tried in Allegheny county recently. Arthur Gainsford had brought an action against him to recover $1 20) paid him on a contract for the purchase of coal lands in Westmoreland county. A verdiet was rendered for tae plaintiff on the ground that the contract was void, he having been a minor. -POTTAVILLE, Dec. 21.-The colliery of the New Philadelphia Coal Company. owned by New York parties, at New Philadelphia, in this county, was totally destroyed by fire this morn. ing. Loss, $20.0 0; fully covered by insurance, The watchman on duty saw two men coming from the breaker and challenged them. when tney ran away, the watchman firing several shots at them without effect. The wood work of the breaker being very dry the fi.e burned rapidly. ano the breaker was soon in ruins. There have been no other breakers destroy ed by fire for several month B now. -George Reynolds, convicted of polygamy at Salt Lake City, was 1 uesoay sentenced by Chief S Justice White to two years' imprisonment and a $500 fine. He was released on $10,000 bail, peudf ing an appeal to the Supreme Court. e -Dr. Samuel B. Martin. the oldest physician in Baltimore, died Tuesday, aged 91. He was a 7 surgeon in the war of 1812, and was Health Of. 1 ficer of Baltimore from 1830 to 1638. -Mrs. Hanna Miller of Northampton county. f age eighty years, walked ten miles recently in three hours. S While preparing to attend the funeral of a e friend expired. Samuel Maltenberger. of Monroe county, -A Susquehanna farmer raised 40,000 heads e of c bbage last season on seven acres of ground. 8 -The employees of the Bethlehem Iron Co. have received notice that their wages will be reduced on the 1st of January from ten to fif. r. teen per cent. S -A horse attached to a wagon containing two B persons ran away in Lehigh county. One of the N men (Trumbore) jumped out and was instantly a killed. and the other (Jacoo Corren) died from injuries received. -Charles West. of Monroe county, who died f. recently at the age of eighty-one, bequeathed t all his estate (worth about $10 000) to the MethD. odist church. His housekeeper for the past 10 gratefully. ten years does not cherish F18 memory very or n -Edwin Mickley. of Northampton county, is went to church last Sunday, and then thieves o went into his house and bagged $400 worth of of watches and jeweiry. While he was praying a the burglars were watching and preying. 88 -A sample of the ore from the Warwick Iron y r. company's mines, at Boyertown, Berks county, of taken from a depth of 391 feet. is said to be a of fine quality of magnetic ore, none better to be 1. tound in the state. It is supposed that it will bt yield at least 60 per cent. Ore was reached at a u. nepth of 376 feet, but it was mingled with TOCK. al The mining operations ef-the company at this mine have cost them about $13,000 wi hout realizing them a cent. is e -Representatives of seven synods of different religious denominations were in session at Harrisburg Wednesdav to consider the best means of enforcing the observance of the Sabbath. S. -The Bank of Brandy wine, at West Chester. 1suspended W ednesday morning. A notice was posted on the door stating that "depositors need e feel no uneasivess, as the assets of the bank are ad unquestionably able to pay them in full at an a early day." The bank has made an assignment 11for its creditors. rId -A special meeting of the Board of Pardons of was held at Herrisburg on Tuesday, but the ur only pandon recommended was tunt of Peter 18 Arensberg, of Philadelphia, who 18 serving a in term of imprisonment for asssult with intent 10 to kill. The case of J. W. Freeman, editor of a Pittston Comet, was postponed. In is
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Bank Suspension al West Chester. THE BANK OF BRANDYWINE SUCCUMBS TO THE PRESSURE OF THE TIMES-AN ASSIGNMENT TO BE MADE. The Bank of Brandywine at West Chester, a State institution, did not open its doors for business, Wednesday, owing to an overstrain upon its resources. At about 10.30 o'clock the following notice was posted on the door of the bank, "This Bank finding itself unable to "meet the continuous drain upon its deposits and feeling it to be unjust to allow depositors living in town any chances of preference over those at a dietance, has decided not to open its doors, this morning. "It is entirely safe to say that depositors need feel no uneasiness, as the assets of the bank are unquestionably able to pay them in full at an early day." A meeting of the officers and directors, with their oounsel, John J. Pinkerton and Hon. Wayne MacVeagh, was held Wednesday morning. The necessary arrangements are being made for an assignment for the benefit of the Bank's creditors. It is reported that there is a likelihood of the conversion of the institution into a National Bank. but the West Chester News is assured by an officer that such is not the fact. No deposits were taken on Tuesday. Money and books were 0 received from depositors, but all such will be returned to their respective owners. t In consequence of losses during the panic and 1 other losses sustained since, as well as a continned depression of the business of the institution, the affairs of the bank became in such a condition, that a suspension was inevitable.
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Harriet Lane in Whitechapel road, London, last September, was hanged at Newgate on the 21st. He left a statement acknowledging the justice of his sentence. A BERLIN special to the London Times of the 22d says it had been ascertained that the total number killed by the late dynamite explosion at Bremer Haven was 128; wounded, 56; twenty of the injured were hopelessly maimed, and there were 56 widows and 135 orphans, for whose benefit it was proposed to raise a subscription of $75,000. THE trial of H. C. Bowen's libel suit against the Brooklyn (N. Y.) Eagle was begun on the 21st. AT Milwaukee, on the 21st, Philip Weimer, a rectifier convicted of revenue frauds, was sentenced to eight months' imprisonment in the County Jail and to pay a fine of $2,000. John S. Taft, a Gauger, was sentenced to the State Prison for five months and to pay a fine of $2,000. GEORGE REYNOLS, the polygamous Mormon, was sentenced at Salt Lake on the 21st, by Chief-Justice White, to two years' imprisonment and to pay a fine of $500. Reynolds appealed and was released on $10,000 bail. AT a special election in the Seventh Judicial District of Illinois, held on the 21st, T. Lyle Dickey, of Chicago, was chosen Judge of the Supreme Court to fill the vacancy caused by the resignation of Judge McAllister. ACCORDING to a Vienna special of the 22d eighty insurgent delegates had recently met at Jamnetza, in Bosnia, and unanimously rejected the Sultan's firman, proposing sundry reforms, as unworthy of confidence. They had formed a provisional government. THE British training-ship Goliath was burned at Gravesend on the morning of the 22d. It was reported that twenty boys had perished in the flames. A SHANGHAI (China) dispatch of the 22d says that Chen Lang Pin and Yung Heng had been appointed Ministers to the United States. A WASHINGTON telegram of the 22d says the Granger cases, involving the question of the right of States to regulate thecarrying rates of railroads, would be further argued before the Supreme Court on the 11th of January. THE report that Secretary Bristow had directed to be paid to the Union Pacific Railway Company the sum adjudged due by the Supreme Court is pronounced untrue by a Washington dispatch of the 22d. A GAS-MAIN running under Federal street, in South Boston, Mass., exploded on the 22d, tearing up the pavément for a great distance. Many were buried under the debris. A grain-house was badly shattered and the foreman killed. Several persons were blown into the water and drowned. The number of victims as far as ascertained up to the morning of the 23d was as follows: Killed, 20; fatally injured, 4; seriously hurt, 9; slightly, 3. Seven persons were missing and were supposed to have been blown into the water, in addition to those already found therein. THE Bank of Brandywine, at West Chester, Pa., failed on the 22d. It was thought depositors would be paid in full. PRESIDENT GRANT was present as a guest at the seventh annual dinner of the New England Society, in New York, on the 22d. Many other distinguished persons attended and responded to toasts. AT Augusta, Ga., two men named Tilley and Ratcliffe recently fought a duel with pistols, in which the former was badly wounded, and died the next day. AN earthquake shock was felt in Richmond, Va., on the night of the 22d. The alarm was general, the shock being felt in all parts of the city. Gov. HARTRANFT has pardoned Xingo Parks and several others of the miners convicted in Clearfield County, Pa., of conspiring together for riotous purposes. A SUIT in the St. Louis (Mo.) Circuit Court against the Missouri State Lottery, managed by Murray, Miller & Co., charging them with usurpation of their franchise and praying for judgment of ouster, was decided on the 22d against the defendants. An appeal was taken to the Supreme Court. THE Commercial Loan Company and Savings Bank of Chicago suspended on the 21st. It was thought that depositors would realize about eighty cents on the dollar. AN advance in railroad freights over the different routes between the East and
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was carried. At the conclusion of some subsequent remarks Mr. Beecher said: If such an advisory council should say another investigation is necessary, I would say, Do Do it.' If they should say not, I certainly should not object." Mr. Shearman resigned the office of Clerk of the church organization, and Mr. Thomas J. Tilney was chosen to succeed him. Early on the morning of the 18th the United States Express car on the St. Louis, Kansas City & Northern train, en route for St. Louis, was entered, between Ferguson and Jennings' Station, by two or three masked men, the messenger, Charles Kinkaid, thrown into a large packing-box which the robbers emptied for the purpose, and the safe robbed of between $10,000 and $20,000 in money and valuables. D. A. Ross & Co., large lumber manufact urers and dealers, of Detroit, Mich., have failed. Liabilities placed at $300,000 and assets at $400,000. A fire in Little Rock, Ark., on the morning of the 20th destroyed the Gazette block, burn. ing up the office of that paper and inflicting a loss of several thousand dollars on the OCcupants of the building. Severe cold weather was experienced in many sections of the East on the 20th. The mercury ranged from ten degrees below zero in Boston and vicinity to thirty-five degrees below at Skowhegan, Me., forty-one below at Littleton, N. H., and forty-three below at St. Johnsbury, Vt. A report that Secretary Bristow had ordered to be paid to the Union Pacific Railway ComDaDy the sum adjudged due by the Supreme Court is pronounced erroneous by a Washington telegram of the 22d. A large gas-main running under Federal street, in South Boston, Mass., exploded on the 22d with a loud report, tearing up the pavement for a long distance. The street was thronged with people at the time, and many were buried under the debris. A grainhouse was badly shattered and the foreman instantly killed. A number of persons were blown into the water and drowned. The number of victims as far as ascertained up to the morning of the 23d was as follows: Killed. 20; fatally injured, 4; seriously hurt, 9; slightly, 3. Seven persons were missing and were supposed to have been blown into the water, in addition to those already taken therefrom. The Bank of Brandywine, at West Chester, Pa., made assignments, on the 22d, for the benefit of its creditors. It was thought depositors would be paid in full. A suit in the Circuit Court at St. Louis against the Missouri State Lottery, managed by Murray, Miller & Co., charging them with usurpation of their franchise and praying for judgment of ouster, was decided on the 22d against the defendants. An appeal was taken to the Supreme Court. The Commercial Loan Company and Sav. ings Bank of Chicago suspended on the 21st. It was reported that depositors would realize about eighty cents on the dollar of their claims. An advance in railroad freights over the different routes between the East and West has been recently established. At Augusta, Ga., two men named Tilley and Ratcliffe recently fought a duel with pistols, in which the former was badly wounded. He died the following day. A violent earthquake shock was felt in Richmond, Va., on the night of the 22d. The guests at the different hotels were so alarmed from the rocking of the buildings as to assemble in the parlors en deshabille, ready to leave. The alarm was general, the shock be ing felt in all parts of the city, and citizens leaving their domiciles in fright. The Governor of Pennsylvania has pardoned Xingo Parks and several others of the miners convicted in Clearfield County of con spiring together for riotous purposes.
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The Benosha Telegraph, KENOSHA, WISCONSIN. NEWS OF THE WEEK. The East. A fire at Spencer, Mass., last week, destroye d $100,000 worth of property. Archbishop Wood, of Philadelphia. has caused to be read in the churches of the anthracite region in Pennsylvania an archiepiscopal circular formally excommar scating the Molly Magnires. A shocking disaster, by which several plepoo lost their lives, and many обдете were badly maimed, is reported, from Bostom. A large gas main running under Federal street exploded at 7 o'clock in the evening, tearing up the pavement for a distance of 150 feet or more. The street was thronged with people at the time, and many were buried under the debris. About & dozen persons were killed, and some fiteen seriously injured. President Grant dined with the New England Society in New York, on Forefather's Day. Gov. Hartranft has granted pardons to Xingo Parks and several of the miners convicted with him in Clearfield County, Pa. The Landing of the Pilgrims was .commemorated in various places, on the 22d mlt., by the sons of New England. Howard and Yale Colleges have both withdrawn from the National Rowing Association of American Colleges. The Bank of Brandywine, West Chester, Pa., has suspended. The liabilities of the Providence (R. I.) Tool Company. which recently failed, are stated at $2,783,000 assets, $4,145,000. Creditors have granted an extension, and the business of the company will go on without interruption. Henry C. Bowen sued the Brooklyn Eagle for libel, claiming $100,000 damages. The case has just been tried, the jury awarding him $1,000. A short time ago Leodica Fredenburgh and Albert Fredenburgh, her son, were condemned to be executed at Herkimer, N. Y., Dec 31, for the murder of Orlo Davis, an aged cripple. They were committed on the evidence of a young married daughter of Albert Fredenburgh. A day or two before the day set for their-execution, the daughter confessed that she testified falsely on the trial; that she and her grandmother committed the murder, and that her father had nothing to do with it. Patrick Gallicher, of Providence, R. I., getting drunk on Christmas night, attempted to strike his wife, but struck his infant child. killing it instantly. The ninety-eighth anniversary of the battle of Trenton, which occurred Dec. 26. 1777, was celebrated with considerable spirit at Trenton, N. J., on the 26th ult. The Hudson River Sugar Refinery, at Hastings, N. Y., was burned last week. Loss, $500,000. A Mutual Council is to be called by Plymouth Church and Mrs. Moulton to consider the two questions submitted by that lady-the suffi_ ciency and validity of the reasons of the church for dropping her name from the roll and the sufficiency and validity of Mrs. Moulton's reasons for abstaining 80 long from the services and sacraments of the church. The West. Two more of the Milwaukee whisky-ringJohn S. Taft and Philip Weimar-have been convicted and sentenced to heavy fines and imprisonment. George Reynolds has been convicted at Salt Lake City of polygamy, and sentenced to two years' imprisonment and to pay a fine of $500. St. Louis has just dedicated her new and splendid Chamber of Commerce. Those terrible Younger brothers are shooting around Missouri again. They were recently seen in St. Clair County, going north. It is believed they had a hand in the late express robbery near St. Louis. D. B. Carson, formerly of Sioux City, Iowa, and W. Jackson, of Covington, recently met a horrible death near San Juan, Cal. They were caught, while descending a mountain, in an avalanche of snow, and carried down the mountain a distance of 1,500 feet, and were dead when taken out. The trial of W. W. Embry for shooting Col. D. R. Anthony, at Leavenworth, Kan., has resulted in a verdict of acquittal. St. Louis celebrated Christmas in a lively manner. In a fight between some boys, one shot the other in the mouth. In a domestic row, a woman chopped up a man with a hatchet. Another boy was stabbed in the knee bya bootblack. Two women got on a Christmas drunk, and one slashed the other with a razor. The list of festivities closes with another domestic affray, in which one man beats another with a club almost to death. Hon. William A. Richardson, a leading Democratic politician of Illinois, and an ex-United States Senator, died at his home in Quincy, on the 27th nlt, aged 64. His disease was paralysis. The South. A horrible massacre is reported near Atoka, in the Indian Nation. The bodies of four persons were found burned on the prairie, two of which were females. Two were burned beyond recognition. The others were whites. A pony, with a lady's side-saddle, a dog, and a gun, were found near. They had all been shot. Three men, seen riding nine miles from the spot, are supposed to have done the shooting. The prairies were fired to destroy the trail. Heavy rains and damaging floods are reported throughout Southern and Western Texas.
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TELEGRAPHIC NOTES. 'he closing price of gold in New k. on December 27, was 112%. 1 horrible massacre is reported near ka, Indian Nation. The bodies of four sons were found burned on the prairie, of which were females. Two of the ies were burned beyond recognition, the e with Auod V white эдем 8.16 GREA unz 1: pun Sop R 'oppes-opis S. nd near. They had all been shot. Three I who were seen riding nine miles from spot are supposed to have done the ting. The prairies were fired to dey the trail. he London News' Berlin telegram he 22d gives the number killed by the amite explosion at Bremerhaven as 128, of wounded 56. The Bremen Aid Comtee reports that 20 of the injured are elessly maimed, and there are 52 widows 135 orphans of the victims of the disasfor the benefit of whom it proposes to '000'9'$ 4q 3 he Merchants' Exchange Hall inthe Chamber of Commerce building at St. is was formally dedicated on the 21st. said to be one of the largest and handest halls in the country. he official figures of the New York us make the total population of the State 4,804, an increase of 322,081 since 1870 863,113 since 1865. The number of rs in the State is 1,138,323, of whom 78 are natives, and 395.245 naturalized. he British training ship Goliath has I burned. and it is said that twenty boys their lives. here were very heavy rains throughSouthern and Western Texas on Dec. 2. The rivers and bayous were higher had been known before in years, and oad travel was temporarily suspended in - Inclities. he Bank of Brandywine, at West ster, Penn., has suspended. The usual uncemont is made that depositors will aid in full. violent earthquake shock was felt ichmond, Va., on the night of the 22d. dings were sensibly rocked, and the mi was general throughout the city, y people leaving their houses for fear would be shaken down. ouisville, Ky., is making preparano puers B JOJ *(6 ** difficulty occurred at Freetown, opposite New Orleans, on Christmas : between some whites and blacks, which insted in the killing of Barney McCabe John Rousetti, white men, and the se] our Jo brother 1: JO Surpanom : fire at Red Oak, Cedar County, , on the morning of the 23d, destroyed atire block of frame buildings on the side of the Public-Square, comprising n business houses. he Pacific Mills at Lawrence, Mass., loying 5,200 operatives, have given noof a reduction of 10 to 15 per cent. in s, to take effect Jan. 1. owing to desion in price of print cloths. They ance that they are obliged either to stop looms or reduce the cost of produche steamer Minneola, Capt. Shunk, e Memphis and Cincinnati line. struck g about 40 miles above Memphis, on 7th, and within five minutes filled and ed over, a portion of her cabin floating There were twelve cabin passengers on 1, but by means of life-boats, and by ing to the Twreck, they all, together the crew, were saved, and were taken emphis by the Belle of Memphis. The eola was laden with about 100 tons of ellaneous freight, a portion of which I be saved. The boat, however, will -'OI$ 11: Penjus SEM she 'SSOI 1012 B a and insured in the Eureka, of Cincinfor $4,000.
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N. Smith, The listritities are gets. I É less : failure is announced to be inability to resilive 18 advances made to the Prov. idence Tool Company. Boston, Due 10-The firm of J. M. Guldemith & Co., of this city, deal. are in noval stores, bate failed. Their liabilition are some $123,000, includ ing when $20,000 as indorsed paper upon which the firm will be obliged to pay DO per cent. Their assets are nominally $80,000, of which only $11,000 is eash. Providence, Dec. 20.-Dresal. Morgan s Co. of New York: Blake Bros & Co. of Boston and James Y. Smith. Royal & Taft, and Henry 1. Kendle, of this city, have been invited to meet the officers of the Providence Tool Company. to-morrow, to make an examination of the affairs of the company and such recommendations to its creditors as they may think advisable. London. Dec 20.-Lawton & Head merchants and shipping and insurance agents, have failed. Their liabilities are estimated at $950,000. Petroit, Dec. 20.-D. O. Ross & Co., large lumber manufacturers and dealers, of this city, have failed. with liabilities of $800,000; assets 8400,000. Boone, Dec. 20.-A. K. Wells, banker. suspended here to day. with liabilities $80,000; assets $51,000. Westchester, Pa. Dec. 23.-The Bank of Brandywine is now in the hands of the assignee, Wm. Jeffreys, eashier of the National Bank of Chester county. Providence, Dec. 23.-The committeo to examine into the affairs of the Providence Tool Company, it is understood, will recommend an extension of thirty-six months from January 1st, with semi-annual payments, beginning next July, and interest at seven per cent. also payable semi-annually. Boston, Dec. 23-John Brugger & Son, stocking manufacturers, of Manchestoe, New Hampshire, are reported failed. with liabilities of $100,000 and
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THE BANK OF BRANDYWINE. WEST CHESTER, Pa., Jan. 15. 1876. The appraisers appointed for that purpose have made a statement showing the assets of the Bank of Brandywine, which recently suspended, to amount to some $65,000, of which $40,000 are doubtful.
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RELIGIOUS REVIVAL AT MIDDLETOWN.-Extra services in the M. E. Church at Middletown, have been largely attended during the past week. There has been preaching by Rev. Messrs. Bristor, Kramer, Kilham, Bryan, and Patton. Rev. Mr. Bristor's sermon, on Mon- day evening, is especially spoken of as a power- ful effort. The meetings will probably be con- tinued next week as a revival. THE DOVER REVIVAL-The Dover papers de- scribe the religious revival in the M. E. Church of that town as one of great power. It began at New Years, and the meetings since have been very large. Prayer meetings, lasting forty min- utes, are held every day at noon. The revival is conducted by Rev. J. H. Caldwell, assisted by the Presiding Elder, Rev. J. M. Williams, Rev. Mr. Murray, and others. CHURCH BURNED IN KENT COUNTY. The col- ored people's church, located at Gum Swamp, one mile from Little Creek Landing, in Kent county, was burned down on Tuesday evening last about 6 o'clock. The church, which was re- paired and repainted about two years ago, has been used for school purposes by the colored people, and it is supposed that the fire caught from a defect in the chimney. SERIOUS SHOOTING CASE. -The State Sentinel says that Hiram Griffith, white, of Davis' Cor- ner, about 7 miles from Dover, shot John Fisher colored, on Wednesday. It is thought that Fish- er will lose the sight of both his eyes. It seems that Griffith had penned Fisher's hogs, and Fisher attempted to remove them without com- plying with the requirements of Griffith-hence the shooting. NOT ABOLISHED. -The statement that corpo- ral punishment has been abolished in the Dover public schools is not strictly correct. The pro- hibition, as we understand it, extends merely to severe whipping, the Board of Commissioners deeming it best to expel from school pupils whose conduct may be such as to merit severe punishment.-Delawarean. HE HIT THE BIRD! -A shooting match, five birds each, between Alex. Maxwell and W. D. Clayton, came off near Middletown on Thursday afternoon. Clayton won the match, he having killed one bird. Pigeon shooters may laugh when they read this item, but we just consider that good shooting-for the pigeons.-Middle- town Transcript. THE BANK OF BRANDYWINE-William S. Kirk, ex-president of the defunct Bank of Brandywine, has made an assignment of all his property, real and personal, to William B. Waddell and Evans Rogers. On petition, the court at West Chester yesterday morning appointed M. B. Hickman and William H. Morgan appraisers. CONTRACT FOR SCHOONERS. -Capt. James B. Watkins has contracted with Messrs. Robert Lambdin & Sons, of St. Michaels, Md, for a schooner of about 800 bushels capacity, costing about $1,500. Joseph Harrison has also contract- ed with the same firm for a schooner of a carry- ing capacity of about 2000 bushels. REMOVED WEST.-Dr. O. O. Powell, who has for several years been practicing at Harrington, Kent county, Del., passed through this city, on Tuesday, en route for Exeter, Scott county, Illi- nois, where he will locate. His family accom- panied him. The Doctor is a member of the al- lopathic school. DEATH OF A WELL-KNOWN CHESTER COUNTIAN -Harvey Phillips, a widely-known and highly respected citizen, died at his residence in the southern part of Kennett township, on Friday last, of paralysis. Mr. Phillips had been in ill health for some time past. SLAUGHTERING THE DUCKS.-Sportsmen report that wild ducks have become very scarce in Elk river. A resident of Elk Neck uses a pivot gun that shoots one pound of shot and a quarter pound of powder-an infraction of the law that should be stopped. PROPOSED STAGE LINE. It is rumored that a line of stages is to be established between North East, in Cecil county, and Wilmington at low fare. The Elkton Whig thinks it would do well and commends the enterprise to the public. THEY STILL LIVE!-Potato bugs are still about. We were shown some on Monday night last that were captured by W. H. Booth while digging the ground on which, last year, was grown egg plants. - Elkton Democrat. BANK DIVIDEND.-The general Board of Direc- tors or the Farmers' Bank of Dover have declared a dividend of 3 per cent.