2020. German American National Bank (Washington, DC)

View Charter #2358 on SPMC

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
2358
Charter Number
2358
Start Date
October 31, 1878
Location
Washington, District of Columbia (38.895, -77.036)

Metadata

Model
gpt-5-mini
Short Digest
0ef99a14

Response Measures

None

Receivership Details

Depositor recovery rate
68.7%
Date receivership started
1878-11-01
Date receivership terminated
1894-04-10
OCC cause of failure
Fraud
Share of assets assessed as good
59.1%
Share of assets assessed as doubtful
32.2%
Share of assets assessed as worthless
8.7%

Description

The German American National Bank suspended on 1878-10-31 due to inability to realize on real-estate mortgages (bank-specific bad loans). A government receiver (B. U. Keyser) was appointed and the bank's assets were liquidated (auction notices April 1879) and dividends to creditors declared (May 1879), indicating permanent closure/liquidation rather than reopening.

Events (6)
1. May 14, 1877 Chartered
Source
historical_nic
2. October 31, 1878 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Inability to realize upon mortgages on real estate in which the bank and its affiliated savings bank were largely invested.
Newspaper Excerpt
The German American National bank ... suspended this morning. The cause of the failure was inability to realize on real estate mortgages.
Source
newspapers
3. November 1, 1878 Receivership
Source
historical_nic
4. November 1, 1878 Receivership
Newspaper Excerpt
Controller of the Currency Knox has appointed B. U. Keyser, receiver of the German-American National Bank. Mr. Keyser, in his capacity as examiner, has been busy at work on his examination of the condition of the bank since yesterday, ... Mr. Keyser, as receiver, took charge to-day, and was busily engaged with his assistants in making up a statement.
Source
newspapers
5. April 18, 1879 Other
Newspaper Excerpt
B. U. KEYSER. Receiver. German American National Bank. PUBLIC SALE OF SUNDRY SECURITIES ... will offer for sale ... SATURDAY, April 26th, 1879.
Source
newspapers
6. May 1, 1879 Other
Newspaper Excerpt
The Comptroller of the Currency has declared a dividend of TEN PER CENT. to the creditors of this Bank, and the same will be payable at this office on and after May 1, 1879. B. U. KEYSER, Receiver.
Source
newspapers

Newspaper Articles (20)
1. October 31, 1878 The Rock Island Argus Rock Island, IL
Article from The Rock Island Argus, October 31, 1878

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WASHINGTON. WASHINGTON, Oct. 31.-The German American National bank which grew out of the German-American Savings banks, and occupied the same building, suspended this morning. The German Savings bank had also closed its doors and put up the following notice: Owing to the sus pension of the German-American National hank this bank is forced to close. The officials of the Savings bank declare their institution is sound; both banks were owned and patronized principally by Germans, and the suspensions caused much surprise. An excited crowd surrounded the building. The cause of failure was inability to realize on real estate mortgages. The national bank examiner expects depositors will be paid in full. WASHINGTON. Oct. 31.-There was a preliminary hearing of New York parties interested in the Kidglove assessment this morning at the treasury department. Mr. Clarke, representing Iselin & Co., agreed the facts were sufficient to justify the secretary of the treasury in remitting the entire matter to the appraisors on the ground there had been no valid appraisement; there had certainly been irregularity in the proceeding; Judge French did not understand the secretary of the treasury as ad vising any course affecting the valuation, but merely to examine the lawsuit involved. General Appraiser Kitchum asked how the appraisement could be reopened as the gloves had gone into consumption, and Mr. Ciarke replied the customs officers have samples, Judge French said he would notify the parties interested when he would come to a decision on the legal questions involved, and the conference closed.

2. November 1, 1878 New-York Tribune New York, NY
Article from New-York Tribune, November 1, 1878

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THE CLOSING OF TWO BANKS. A SUSPENSION BY WHICH A NEW-YORK COMPANY AND MANY CLERKS IN WASHINGTON MAY LOSE. |GENERAL PRESS DISPATCH! WASHINGTON, Oct. 31.-The German-American National Bank, an institution which grew out of the German-American Savings Bank, suspended this morning. The German-American Savings Bank has also closed its doors and put up the following notice: 'Owing to the suspension of the German-American National Bank, this bank is forced to close." The German-American National Bank was organized May 14, 1877, with a capital of $130,000, and a circulation of $63,000. The president is John Hitz, the Swiss Consul-General in this city, and the cashier, Mr. C. E. Prentiss. The cause of the failure was the inability of the bank to realize upon mortgages upon real estate, in which it had a large amount of money invested. Controller Knox this morning detailed Examiner B. U. Keyser to investigate the affairs of the bank, and he is now in possession of the establishment. *After a hasty examination, he has stated that it is probable that the depositors will be paid in full. The German-American Savings Bank. which was run in connection with the National Bank, seems to have caused the trouble. It is said that if the National Bank had done its own legitimate business, it would have been solvent to-day; but the savings-bank loans on real es. tate, which the law forbids a National Bank to make, was the cause of the trouble. The National Bank was not a Government depository, and therefore DO United States funds were in it. Quite a number of Government clerks, however, had deposits there. The bank bas paid no dividend for the last eighteen months. "Jerry," the president's coachman, lost his savings, $450. The bank was the agent of the Germania Life Insurance Company, of New-York, and that company will lose heavily, it is thought about $30,000 or $35,000. The last statement of the bank made to the Controller of the Currency was on the 12th inst. It showed that the resources were $531,9170 The individual deposits at the time were $303,447 07. The officers of the banks promise to make a statement to-morrow covering the actual condition of both the National bank and the savings bank.

3. November 1, 1878 Evening Star Washington, DC
Article from Evening Star, November 1, 1878

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The Suspension of the GermanAmerican Banks. There were but few persons about the Ger man-American Banks, corner of F and 7th streets, to-day. Some of these were in great distress and extremely anxious for news of the state of affairs. The officers were busy at the books and unable to give much information. SOME OF THE DEPOSITORS. The German American Fire Insurance Company had about $800 on deposit; Henry Franc about the same amount; C. Auerbach several hundred dollars; Justice Chas. Walter several hundred dollars, Christian Ruppert several thousand; Luchs & Bro. a few hundred dollars; Louis Schmidt $250. The German Life Insurance Company, of New York, had no such amount in the German American National Bank as has been stated. Receiving here only renewals on life insurance policies they had this month collected only some $300 to $350 having as customary on the 14th of October withdrawn all collections up to that date. APPOINTMENT OF A RECEIVER. Upon the request of the principal depositors and shareholders, Controller of the Currency Knox has appointed B. U. Keyser, receiver of the German-American National Bank. Mr. Keyser, in his capacity as examiner, has been busy at work on his examination of the condition of the bank since yesterday, but has not gone far enough to make a report. He has. however, stated verbally to Controller Knox that the deposits amount to about $280,000. This is considerably less than claimed in the bank's report of its condition on October 1st. THE SITUATION THIS AFTERNOON. Mr. Keyser, as receiver, took charge to-day, and was busily engaged with his assistants in making up a statement. on calling at the bank this afteinoon, several officers of the othe national banks of the District were in consulta tion with the officers of the German national bank. It was given out that the examiner and his assistants were progressing well with the examination. and that by to-morrow they would have a statement ready for the public, which would show the true condition of affairs. The present indications are that the depositors will be paid in full, but notwithstanding this, there has been some selling of accounts (small in amount) to-day at 50 cents on the dollar. Some parties, whose obligations are in the bank, are engaged in this business in the ex pectation of having the amount of such ac counts applied to the payment of the obligations; but in this they will be disappointed. By the appointment of a receiver the government takes charge and becomes the holder of the notes, and dollar for dollar will be demanded, while the parties who purchase deposite accounts will stand on the same footing with other depositors and receive, on the winding up, the same proportion as others.

4. November 1, 1878 The Wheeling Daily Intelligencer Wheeling, WV
Article from The Wheeling Daily Intelligencer, November 1, 1878

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COMMERCIAL AND FINANCIAL BANK SURPENSION. WASHINGTON, October31.-The GermanAmerican National Bank, which grew out of the German Savings Bank, and occupied the same building, suspended this morning. The German-American Savings Bank has also closed its doors and put up the following notice: "Owing to the suspension of the German-American National Bank, this bank is forced to close." The officials of the Savings Bank declare that their institution is sound. Both banks were owned and patronized principally by Germans, and the suspension causes much surprise. An excited crowd surrounds the building. The cause of the failure was the inability of the bank to realize upon real estate mortgages. The National Bank Examiner, now in charge, states it is probable that the depositors will be paid in full. DETWILER & co. PHILADELPHIA, October 31.-Detwiler & Co., owners of the Market street flour mills, have failed. Liabilities $100,000. LONDON, October 31.-The liabilities of Thompson & Nephew, timber merchants, are £60,000. FAILURE OF J. A. HEMANN & CO. CINCINNATI, October 30.-The banking house of Jns. A. Hemann & Co. closed doors this afternoon. All demands upon the bank were paid over the counter up to S o'clock, but their accounts at the clearing house were not adjusted and at 5 P. M. a deputy from the sheriff's office served an attachment, issued at the instance of John Berger for $1,140. He attached the fixtures of the bank and also the household furniture of Hemann at his residence. It is said that Archbishop Purcell and his brother are not depositors, and have not been for several months. The report that the Volksfreund newspaper is any ways concerned is untrue; that concern losing nothing. Mr. Hemann has had no interest in that paper for fifteen years. The bank has been paying 6 per ct. interest on deposits, and has experienced some heavy losses. Last May the deposits amounted to $3,520,000. There was a run then, but the bank survived it. There has been a steady decline lately, and the suspension was inevitable. The firm decline to make a statement of the assets and liabilities. The latter are very heavy, and it is variously stated that they are about $75,000, or as high as $250,000.

5. November 1, 1878 Knoxville Daily Chronicle Knoxville, TN
Article from Knoxville Daily Chronicle, November 1, 1878

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WASHINGTON. ASHINGTON, Oct. 31.-The German-American National Bank of this city has failed, but it is thought depositors will be paid in full. Owing to the suspension of the German-American National Bank of this city, the German-American Savings Bank has also suspended. Both of these banks were owned and patronized principally by Germans. The suspension caused much surprise. The President of the German-American National Bank is John Hitz, the Swiss Consul General in this city. The shrinkage in real estate value in which both banks were largely interested caused the failure. The President has issued a proclamation appointing Thursday, the 28th of November as a day of thanksgiving and prayer. The State Department is advised that an International Exhibition will be held in Melbourne commencing Octoher, 1880. Parliament has voted $300,000 for the erection of the necessary buildings. The United States Consul at Tangier sends to the State Department an account of the fearful ravages of the cholera in the interior of Morocco. Business is almost completely paralyzed. The cholera is sweeping over the middle and Southern provinces. Hundreds are dying of starvation. Never before has Morocco passed through such a fearful ordeal.

6. November 1, 1878 The Sun New York, NY
Article from The Sun, November 1, 1878

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The German-Ameriean National Bank of Washington Closing its Doors. WASHINGTON, Oct. 31.-The German-American National Bank, an institution which grew out of the German American Savings Bank. and occupied the same building with that institution, suspended this morning. The German-American Savings Bank had also closed its door. and put up the following notice: Owing to the suspension of the German American National Bank, this bank is forced to close." The offi ials of the savings bank declare that their institution is sound. Both of these banks were owned and patronized principally by Germans, and their suspension caused much surprise, as they were regarded as sound. Anexcited crowd surr unds the building. The bank was organized in May, 1877. with a capital of $130,000 and a circulation of $63,000. The President is John Hitz. the Swiss ConsulGeneral in this city. and the cashier is Mr. C. E. Prentiss. The cause of the failure was the inability of the bank to realize upon mortgages upon real estate. in which it had 11. large amount of money invested. Comptroller Knox this morning detailed National Bank Examiner B. U. Keyser to examine the affairs of the bank, and he is now in possession of the establishment. "Jerry," Mr. Hayes's coachman. lost his savings, $450. The bank was the agent of the Germania Lite Insurance Company of New York, which, it is thought, will lose about $30,000 or $35,000.

7. November 1, 1878 The Waco Daily Examiner Waco, TX
Article from The Waco Daily Examiner, November 1, 1878

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WASHINGTON. Weather Indications. WASHINGTON, D. C., October 31.-Indications for the west Gulf States clear and partly cloudy weather; northerly cold and shifting to warmer; southerly falling barometer. The President's Proclamation, WASHINGTON, D. C., October 31.-Tha President has issued a proclamation appointing Thursday, November the 28th inst. as a day of thanksgiving and prayer. Suspended. WASHINGTON, D. C., October S1.-Owing to the suspension of the German American National bank of this city, the German American saving bank has also suspended. Both these banks were run and patronized by the Germans. The suspension caused much surprise. The President of the German American National band, and John Hitz, the Swiss consul General in this city, say a shrinkage in real estate value, which both banks were largely interested caused the failure.

8. November 1, 1878 The Daily Dispatch Richmond, VA
Article from The Daily Dispatch, November 1, 1878

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Washington Items. W ASHINGTON, October 31.-The President has issued a proclamation appointing Thurs. day the 28th of November as a day of thanksgiving and prayer. Owing to the suspension of the GermanAmerican National Bank, of this city, the German-American Savings Bank has also suspended. Both banks were owned and patronized principally by Germans." The suspensions have caused much surprise. The president of the first-named bank is John Hitz, the Swiss consul-general in this city. The shrinkage in real estate value, in which both banks are largely interested, caused the failure. The State Department is advised that an international exhibition will be held in Melbourne, commencing in October, 1880. The Parliament bas voted $300,000 for the erection of the necessary buildings. The United States Consul at Tangiers sends to the State Department an account of the fearful ravages of the cholera in the interior of Morocco. Business is almost completely paralyzed. The disease is sweeping over the middle and southern provinces. Hundreds are dying of starvation. Never before has Morocco passed through such a fearful ordeal.

9. November 1, 1878 Alexandria Gazette Alexandria, VA
Article from Alexandria Gazette, November 1, 1878

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SUSPENDED BANK --Amoog the depositors in the German American National Brok, which suspended in Washington'yesterd.y. WAS Mr. Robert Portoer, of this city, who had a balareof bala: coof about $1,000 in the institution. It is believed however that the depositors will be made safe. Therumor in circulation, that the German Banking Company of this city were lesers, is incorrect. as that company has a small amount to the credit of the Washington bink. The two banks are not regular corres. pondents.

10. November 1, 1878 The Daily Gazette Wilmington, DE
Article from The Daily Gazette, November 1, 1878

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The German-Ameriean National Bank of Washington Closing its Doors. WASHINGTON, Oct. 31 - -The GermanAmerican National Bank, an institution which grew out of the German-American Savings Bank, and occupied the same building with that institution, suspended this morning. The German-American Saving Bank had also closed its doors, and put up the following notice: "Owing to the suspension of the GermanAmerican-National Bank, this bank is forced to close." The officials of the savings bank declare that their institution is sound. Both of these banks were owned and patronized principally by Germans, and their suspension caused much surprise, as they were regarded as sound. An excited crowd surrounds the building. The bank wait organized in May, 1878, with a capital of $130,000 and a circulation of $63,000. The President is John Hitz, the Swiss Consul-General in this city, and the cashier is Mr. C E. Prentiss. The cause of the failure was the inability of the bank to realize upon mortgages upon real estate, in which it had a large amount of money invested.Comptroller Knox this morning detailed National Bank Examiner B. U. Keyser to examine the affairs of the bank, and he is now in possession of the establishment. "Jerry," Mr. Hayes's coachman, lost his savings, $450. The bank was the agent of the German Life Insurance Company of New York, which it is thought, will lose about $30,000 or $35,000.

11. November 2, 1878 National Republican Washington, DC
Article from National Republican, November 2, 1878

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THE GERMAN-AMERICAN BANKS. A Government Receiver Appointed-The Savings Bank Said to be Solvent. The doors of the German-American banks were closed yesterday and the curtains drawn so that the public could not see what was going on inside. Comptroller of the Currency Knox yesterday appointed Mr. B. U. Keyser receiver of the GermanAmerican National Bank. Mr. Keyser took charge yesterday E.S receiver, and began immediately the work of preparing a statement. It is expected that the statement, showing the actual condition of the affairs of the bank, will be made public in two or three days. The present indications are that the depositors will be paid in full. $ THE SAVINGS BANK. A meeting of the directors of the savings bank was held yesterday and a preliminary examination made. The assets were found perfectly good and sufficient to meet all liabilities. Mr. Mattingly, the secretary, was directed to prepare a statement of the affairs of the bank. The officers state positively that there is no need of alarm. They have a right to take advantage of the law requiring depositors togive sixty days n otige before drawing out their deposits, and it is probable that no more time than that will be required to settle the bank's affairs. The real-estate loans made by the bank were made on wide margins, and nothing will be lost. It does not seem probable now that the bank will resume business: but, judging from what is said by the officers, the affairs of the institution are in such a shape that business could be resumed immediately. provided public confidence was entirely restored. The bank was not obliged to close on account of any trouble in its own affairs, but the action was made necessary by the suspension of the national bank, the natural con equence of which would have been a run on the savings bank. The statement that the Germania Life Insurance Company loses heavily by the suspension of the national bank is incorrect. The bank was not the agent of the company, but simply its Washington depository. Its deposits at the time of the suspension amounted to but $342.41, instead of $80,000, as stated.

12. November 4, 1878 Evening Star Washington, DC
Article from Evening Star, November 4, 1878

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PERSONAL.-Ex-U. S. Treasurer John C. New is in the city. John G. Thompson, Sergeant-at-arms of the House of Representatives, Lethas gone to California for his health. ters have been received here from the friends of Hon. J. F. House, of Tenn., announcing that he has been seriously ill, but is now out of danger, although convalescing slowly. THE GERMAN-AMERICAN BANK SUSPENSIONS. Mr. Keyser, the receiver of the German American National Bank, is still busily engaged with his assistants in investigating the affairs of the bank; but as yet is unable to furnish a statement of its condition. He, however, expects to furnish the statement some time this week. THE SMITHSONIAN INSTITUTION.-The rooms formerly occupied by the late Prof. Joseph Henry in the Smithsonian institution are being refited into offices for the uses of the institution, and will be occupied as such by Prof. Baird, the secretary and his assistants. The rooms heretofore occupied by the secretary. his chief clerk and other clerks, will be utilized for the increasing demands made by the museum. In addition to the office being prepared for Prof. Baird he utilizes as an office a portion of his residence on Massachusetts avenue, and for which the government allows him no rent. The fish commission having become so interlaced as it were with the operations of the institute in the diffusion of useful knowledge, accommoda. tion will also be prepared for it in the Smithsonian building. Wm. J. Rhees, the efficient chief clerk of the Smithsonian institute, is ili at his home in the county. Mr. Rhees has overworked himself in preparing a history of the institution, from the date of the Smithson bequest, also a short history of the life* of Smithson, he has collated all the acts of Congress applicable to the institution, including the more important debates thereon. The work, when completed. will be issued under the auspices ofthe institution. THE MISSION OF THE CHINESE EMBASSY to this country is said to be to protect the rights of the Pekin government, in case any legislation is attempted here to revise the Burlingame treaty SO as to give this government the sole control of the matter of Chinese immigration. The Chinese have an idea. founded upon the demands made by the Congressmen from the Pacific coast, that to bring the control of immigration solely within the power of the United States is virtually to prohibit it. It is believed that. if such action is insisted upon by Congress, China will take steps to prohibit American immigration to China, to the extent that Chinese immigration is prohibited in the United States. To guard well the interests of China in this respect is said to be the specific duty of Chen Lan Pin and his suite in coming to the United States. THE U.S. S. TICONDEROGA was put in commission at Portsmouth, N. H., to-day, the Navy department is telegraphed. The Ticonderoga is the vessel in which commodore Schufeidt is to make his two years' cruise to Africa, in the interest of An erican commerce and navigation. She will shortly sail from Portsmouth for Norfolk, where Commodore Schufeldt will join her. She will sail for Africa about the 1st of December.

13. November 4, 1878 National Republican Washington, DC
Article from National Republican, November 4, 1878

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Special Notices. TO THE PUBLIC-WITH REGARD TO the charge preferred "g inst R. J. Collins, of selling light weight coal, "which case was tried in the Police Court, and at once dismissed, I hereby certify that I was present in the office of Mr. Collins, and witnessed the weighing of the load of coal in quesnon: the weight was as follows: Gross, 4,400: team. 2,150: coal. 2,250. I further witnessed the departure of said coal for its destination in the condition ns above indicated. Respectfully, R.L. LAWS nov+2t* Pastor First Baptist Church. WASAINGTON, D. C. NOVEMBER 2 1878 THE GERMANIA LIFE INSUR ANCE , OMPANY OF NEW YORK has this day transferred na collections in the District of Columbia to MESSRS. RIGGS & CO., of this city, who alone are authorized to receive payments for premiums for the company on its regular re eipts, ADOLPH SCHNIEWIND, novt-It Superintendent of Agencies. TREASURY DEPARTMENT, OFFICE OF COMPTROLLEROR THE CURRENCY, WASHINGTON, Nov. 1. 1878. Notice IN hereby given to all persons who may have claims against the German-American National Bank of Vashington that the same must be presented to BENJAMIN U. KEYSER, Receiver, at Washington, D. C., with the legal proof thereof, within three months from this date, or they will be disaliowed. JOHN JAY KNOX. no2-3m Comptroller of the Currency. OPINI IN OF DR. R. S. STEUART, PRESIdent Maryland Hosp tal. Baltimore: ... I have used Colden's Liebig's Liquid Extract of Beef and Tonic Invigorator for more than a year. and recommend it as one of the most efficient preparations I have ever met " ith. It combines the virtues of food no2-6t and tonic in a remarkable way. THE NEW "WHITE" AND "NEW HOME"

14. November 8, 1878 Evening Star Washington, DC
Article from Evening Star, November 8, 1878

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may iound. To my second inquiry, What amount was collected during each of the last four fiscal years," you reply "about $150,000;" which, beside being very vague, is astonishingly small, when it is considered that there were probably $5,966,262.37 of taxes collected during those years, according to the reports of the Commissioners, viz:-For 1875, $2,223,528.17; for 1876, $1,005,966.14; for 1877, $1,256,768.06; for 1878, estimated, $1,480,000, the tax year not being closed To my third inquiry, " What disposition was made of the amounts SO collected," you do not allege that any portion thereof was paid over to the commissioners of the sinking fund, as the law directs, but aver that the District Commissioners "actually paid on account of the sinking fund nearly four times more than their apportionment called for, besides paying $1,236,633.07 of general indebtedness." 1 find myself, by law, made the successor of the commissioners of the sinking fund of the District of Columbia, and in reply to my inquiries, honestly made for information and for the best interests of the District, I am, by order of your honorable body, invited to look for that information where it is not found to exist; am told, when I ask for the amount realized each year, pursuant to provisions repeated in many laws of the United States, and of the District, and after public advertisement of the yearly apportionment, that the amount devoted to the sinking fund for the four years was "about $150,000," and am then treated to a recital of financial transactions of the past, not definitely warranted by law, by which it is made to appear that although the $150,000 was not legally devoted to its specific object, yet something over $1,900,000 of debt, bonded and floating, was wiped out about that time. I wish no controversy on the subject. I find that for sixty years there has been one long attempt at a sinking fund for the District; that for forty years there have been commissioners of the sinking fund; that the bonded debt is at this time over $22,000,000, and yet there is to-day no sign or shadow of a sinking fund, although there are many provisions of existing law in regard to outstanding bonded debt of the District. requiring annual contributions to the sinking fund. This state of things is not business. Permit me to say that, under District laws, confirmed by Congress, and the stipulation on the part of the United States in the act of June 11th, 1878, that they will appropriate from the public Treasury fifty per cent. of the estimated general expenses of the District including interest on the bonded debt, and the amounts legally due the sinking fund, the District has a fairer opportunity before it than any municipality ever had, with wise management of its affairs. to reduce the weight of taxation, the bonded debt, the rate of interest thereon and to lighten the burdens of the people. I believe the country at large, as well as the people of the District, are looking to those to whom these interestsare committed under the laws, to bring about the above results. Very respectfully, JAS. GILFILLAN, Treasurer U.S. Hon. Commissioners of the District of Columbia. THE GERMAN-AMERICAN NATIONAL BANKGood News for Depositors.-The statement on which the receiver of the German-American National Bank (Mr. B. U. Keyser) has been at work some days, has been SO far advanced as to warrant the belief that it will be ready for publication by early part of next week. Much of the work is now being verified, and some parties engaged in the bank say that the indications are that the bank will come out much better than some of the public expected, and that there need be no surprise if the receiver should be able to pay to depositors dollar for dollar, and that at no distant day. Mr. Samuel L. Mattingly, the cashier of the German-American Savings Bank, has his statement well advanced, and will present it to a meeting of the directors to-morrow evening; and it will, it is stated, show that the affairs are not in SO bad a condition as was at first SUDposed, and that with a little time_they will be able to pay up in full. THE RESULT OF THE ELECTION will not affect the price of clothing at the Boys' Clothing House of B. Robinson & Co., 909 Pennsylvania avenue, as they will continue in the future as in the past, to furnish the best goods for the least money, and from the largest stock in the District.-Adet. MARRIAGE LICENSES have been issued to W. F. Diggs and Susie Dixon; Louis Milocich and Theresa M. Ratto; Richard H. Skiner and Adeline Porter; Charles W. Mason and Lavinia Lemore. BUILDING ASSOCIATION.-At the 50th meeting of the Second Washington association, last night, $2,000 was sold at an average premium of 80. To THOSE who desire good wearing clothes for their boys, at low price, we can recommend the American meltons offered by A. Saks & Co. Advt. OLD MOSES"-THE LARGEST TREE.-A section of the largest tree in the world is now being ex-

15. November 20, 1878 The Abbeville Press and Banner Abbeville, SC
Article from The Abbeville Press and Banner, November 20, 1878

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land entries, 310,553 acres; cash entries, 877,555 acres ; grants to railroads, 606,840 acres; swamp lands patented, 202,926 acres ; other grants to States, 214,992 acres ; cash receipts, $2,022,536 increase of cash receipts over 1876-77, $569,567. These figures show a great increase in the quantity of land taken up by the class of actual settlers as homesteads and for the purpose of timber culture. Commissioner Williamson recommends in regard to lapsed railroad grants that Congress should either declare the grants forfeited and restore the lands to disposal as part of the public domain, or extend the time for the completion of the roads. An increase in the working force of the office is called for. Auditor French, of the bureau of railroad accounts, has reported to the secretary of the interior that the president of the Central Pacific railroad refuses to submit the books of the road to inspection and to render such accounts as have been called for under the law passed by the last Congress. Formal notice of the refusal will be transmitted to the attorney-general, with a request that legal proceedings be taken under the act. The penalty for the violation of the law is a fine in each case of refusal or neglect of not less than $1,000 nor more than $5,000. Two Washington banking institutions-the German-American savings bank and the German-American national bank, which grew out of the former-have suspended. The secretary of the treasury has written a letter stating that there is on hand, for resumption purposes, the sum of $134,231,865.06 in coin, and that at least that amount will be available to resume specie payments January 1, 1879. According to the report just issued of the operations of the patent office during the fiscal year ending June 30, the number of original applications received for patents was 19 657, and 14,100 new patents were granted, while the number of rei-sues is 627. The receipts of the office amounted to $734,888 and the total expenses were $665,906. The national debt statement for October shows: Cash in the treasury, $275,217,478.92 debt, less cash in the treasury, November 1, 1878 $2,024,200,083.18 ; decrease of debt during October, $1 8.402,80 ; decrease of debt since June 80, 1878, $11,586,748.64. During October the total amount of coinage at the various mints of the United States was $6.625,400, divided thus : Double eagles, $3,464.600 ; eagles, $737,800 quarter eagles, $346,300 standard silver dollars, $2,070,000 cents, $6,700. Halbert E. Paine, of Wisconsin, has been appointed commissioner of patents in place of Eliis Spear, resigned.

16. January 30, 1879 National Republican Washington, DC
Article from National Republican, January 30, 1879

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HOME AFFAIRS. CITY NOTES. -The sixth complimentary soirce of the Mignon Club will take place at Marini's Hall this evening. -The House of Representatives last night passed a bill to change the name of the barge Cockade City to Republic. -Newmyer's provision store, corner of Thirteenth and G streets, was broken into late on Tuesday night and robbed of about fifty hams. -Some hungry rogue relieved a country wagon of two rolls of butter last evening while it was standing at the corner of Seventh and P streets. -Two marriage licenses were issued yesterday, and these to Bartram Zevely and Nina Evans, and F. H. Rainey and Frances E. McElfresh. -Thieves entered the jewelry store of G. B. Beringer, southeast corner of Fourteenth and P streets, yesterday afternoon, about three o'clock, and stole three silver watches. -The Unity Club will meet in the parlors of the National Hotel to-morrow evening. William Rea, LL. D., of Chicago, will read an cssay on "The Amalgamation of Nationalities, and its Effect upon American Character." -Thieves entered the store of Mr. F. W. Rest, merchant tailor, No. 425 Twelfth street, Tuesday night and stole about one hundred and fifty dollars' worth of goods. They gained an entrance by cutting a square hole in a panel of the rear door and forcing the lock from the inside. -Detectives McDevitt and Voss yesterday arrested a young white man named George Forrester, having in his possession a handsome silk dress, a pocket-book with the name of L. A. Treadway, 1703 De Sales street, marked on it, and a lady's gold bracelet. He will have a hearing to-day. -An inquest was held at the Eighth Precinct Station yesterday on the body of Mr. David Hardester, who was knocked down and killed on Pennsylvania avenue, between Fourth and Fifth streets west, last Monday, and a verdict was rendered that the affair was accidental, and exonerating the driver of the back from blame. -Mr. E. W. Anderson, secretary of the depositors' committee of the German-American National Bank, gives notice that depositors should swear to their accounts at the office of the receiver of the bank before the 1st of February in order to receive their shares of dividends, as the receiver's books will be closed on that day by order of the Comptroller.

17. April 18, 1879 Evening Star Washington, DC
Article from Evening Star, April 18, 1879

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B. H. WARNER, Real Estate Auctioneer. PUBLIC SALE OF SUNDRY SECURITIES I will offer for sale, at public auction, at tue o fice of B. H. Warner, 916 F street n. W., at 1 o'clock p. m., SATURDAY, April 26th. 1879, the following named securities: Certificate Board of Public Works, dated Ap il 9, 1873, for assessment upon part of lot 9, square 382 Tax sale Certificates dated March 16, 1875, as follows: Lets 6, 8 and 9, square 227: Lot 4, square 230; Let C, square 295. Tax lien Certificates on Lots T, U and V, square 4/2. dated July 1, 1873. 68 Shares of Stock in the German American Fire Insurance Company, of Washington, D. C., par value $100 per share. 20 Shares of Stock in the Second National Bank of Washington, D. C. par value $100 per share. 1 $50 U. S. 4 per cent. Boad. Terms cash. B. U. KEYSER. Beceiver. German Amer can National Bank. ap18-eo

18. April 21, 1879 Evening Star Washington, DC
Article from Evening Star, April 21, 1879

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B. H. WARNER, Real Estate Auctioneer. PUBLIC SALE OF SUNDRY SECURITIES I will offer for sale, at public auction, at tae office of B. H. Warner, 916 F street n. W., at 1 o'clock p. m., SATURDAY, April 26th, 1879, the following named securities: Certificate Board of Public Works, dated April 9, 1873, for assessment upon part of lot 9, square 382. lows: Tax sale Certificates dated March 16, 1875, as folLets 6, 8 and 9, square 227: Lot 4, square 230; Lot C, square 295. Tax lien Certificates on Lots T, U and V, square 4h2. dated July J, 1873. 68 Shares of Stock in the German American Fire Insurance Company, of Washington, D. C., par value $100 per share. 20 Shares of Stock in the Second National Bank of Washington, D. C.; par value $100 per share. 1 $50 U. S. 4 per cent. Bond. Terms cash. B. U. KEYSER. Beceiver. German American National Bank. ap18-eo

19. April 23, 1879 Evening Star Washington, DC
Article from Evening Star, April 23, 1879

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B. H. WARNER, Real Estate Auctioneer. PUBLIC SALE OF SUNDRY SECURITIES I will offer for sale, at public auction, at the office of B. H. Warner, 916 F street n. W., at 1 o'clock P. m. SATURDAY, April 26th, 1879, the following named securities: Certificate Board of Public Works, dated April 9, 1873, for assessment upon part of lot 9, square 382 lows: Tax sale Certificates dated March 16, 1875, as folLets 6, 8 and 9, square 227: Lot 4, square 230; Lot C, square 295. Tax lien Certificates on Lots T, U and V, square 452, dated July 1, 1873. 68 Shares of Stock in the German American Fire Insurance Company, of Washington, D. C., par value $100 per share. 20 Shares of Stock in the Second National Bank of Washington, D. C.; par value $100 per share. 1 $50 U. S. 4 per cent. Bond. Terms cash. B. U. KEYSER. Receiver. ap18-e0 German American National Bank.

20. May 1, 1879 Evening Star Washington, DC
Article from Evening Star, May 1, 1879

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# WEDDING PRESENTS. THE LATEST NOVELTIES IN GOLD AND SILVER, AS WELL AS A GREAT VARIETY OF FANCY GOODS, DESIGNED ESPECIALLY FOR WEDDING PRESENTS. ar9-tr M. W. GALT. BRO. & CO. TO BUY DEAR AND TO SELL CHEAP IS OUR MOTTO. JUSTH'S Old Stand is a guarantee of the above. For first-class SECOND-HAND CLOTHING (of which I make a specialty) the high- est prices will be positively paid. Address or call at JUSTH'S Old Stand, No. 619 D street, between 6th and 7th streets n.w., or branch store, No. 408 9th street, between D and E streets n.w. apl-tr # GERMAN AMERICAN NAT. BANK. The Comptroller of the Currency has declared a dividend of TEN PER CENT. to the creditors of this Bank, and the same will be payable at this office on and after May 1, 1879. ap 29-3t B. U. KEYSER, Receiver. NOTE PAPER, 60c a ream; Envelopes, 76c. a thousand; Mucilage, 5c. a bottle, with brush; box of Note Paper, containing 24 Sheets of Paper and 25 Envelopes, for 5c. Croquet Sets, with 8 Balls and 8 Mallets for $1. Also, the new Game entitled the Ring Toss. To be found at JNO. C. PARKER'S, ap29-tr 617 and 619 7th st.