20309. Merchants National Bank (Deadwood, SD)

Bank Information

Episode Type
Suspension → Reopening
Bank Type
national
Bank ID
2461
Charter Number
2461
Start Date
February 16, 1887
Location
Deadwood, South Dakota (44.377, -103.730)

Metadata

Model
gpt-5-mini
Short Digest
fdea0099

Response Measures

None

Description

The Merchants National Bank of Deadwood suspended in mid-February 1887 (several pieces cite Feb. 16), apparently due to bank-specific adverse actions (cashier Alvin Fox's dumping of Iron Hill stock and related losses, and loss of customers). Multiple reports state there was no panic run at other banks; several items discuss arrangements with the controller and an assessment on stockholders and by mid-March into April the bank is reported to have reopened or to be resuming business with ample funds.

Events (5)

1. March 4, 1880 Chartered
Source
historical_nic
2. February 16, 1887 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Cashier Alvin Fox sold Iron Hill stock last summer, heavily depressing the market and causing large losses; bank had been losing customers for a month and is implicated in manipulations and mismanagement (drawings by Stebbins also noted).
Newspaper Excerpt
The Merchants National bank of Deadwood suspended on the 16th.
Source
newspapers
3. February 18, 1887 Other
Newspaper Excerpt
There is talk of a receivership. It is said Stebbins drew out a month ago. The Merchants is one of the oldest banking institutions in the Black Hills and news of its suspension fell like a thunder bolt on the public.
Source
newspapers
4. March 17, 1887 Reopening
Newspaper Excerpt
Will Resume. ... the Merchants National Bank of Deadwood will resume business in a short time. Arrangements have been made to pay all creditors in full, and continue business on a more substantial basis than ever before.
Source
newspapers
5. June 8, 1894 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (18)

Article from St. Paul Daily Globe, February 19, 1887

Click image to open full size in new tab

Article Text

A Deadwood Bank Fails. Special to the Globe. RAPID CITY, Dak., Feb. 18.-The Merchants National bank of Deadwood suspended Thursday. It had many depositors. W. R. Stebbins is president. He is also head of the Stock Growers National at Miles City, the First National at Billings, the National park at Livingston, Mont., and silent partner of Christie & Janney, New York. These banks and four privately-connected banks in the Hills are involved. Many laborers and poor people are among the depositors. The other banks in the Hills are not affected nor surprised. There was no run at the other Deadwood banks. The Merchants national has been losing customers for a month. Last summer Alvin Fox, the cashier of the Merchants, sold Iron Hill stock, of which he was treasurer, down from $5 to about $1, a loss to the holders of millions, as the entire market sympathized and never recovered. There is talk of a receivership. It is said Stebbins drew out a month ago.


Article from The Bozeman Weekly Chronicle, February 23, 1887

Click image to open full size in new tab

Article Text

A DEADWOOD BANK FAILS. RAPID CITY, Dak., Feb. 18.-The Merchants National bank of Deadwood suspended Thursdav. It had many depositors. W. R. Stebbins is president. He is also head of the Stock Growers National at Miles City, the First National at Billings, the National park at Livingston Mont., and silent partner of Christie & Janney, New York. These banks and four privately-connected banks in the Hills are involved. Many laborers and poor people are among the depositors, The other banks in the Hills are not affected nor surprised. There was no run at the other Deadwood banks. The Merchants National had been losing customers for a month. Last summer Alvin Fox, the cashier of the Merchants, sold Iron Hill stock, of which he was treas urer down from $5 to about $1, a loss to the holders of millions, as the entire et sympathized and never recovered There is talk of a receivership. It is said Stebbins drew out a month ago.Globe.


Article from The Iowa Plain Dealer, February 24, 1887

Click image to open full size in new tab

Article Text

DAKOTA. The appointment of M. F. Boetelle as Register of the Fargo, D. T., land office has been confirmed. Gov. Church's first official act was to sign the bill legalizing the Sioux Falls board of election. It was the bill vetoed by McCormack, but with the objectionable features removed. The Merchants National bank of Deadwood suspended on the 16th. The Merchants is one of the oldest banking institutions in the Black Hills and news of its suspension fell like a thunder bolt on the public. It has four branch banks in various parts of the Black Hills, and was regarded as perfectly sound, and many think the bank will resume soon. W. R. Stebbins of Helena, is president and Alvin Fox, of Deadwood, cashier. Joseph M. Wallace of Dead wood has been pronounced insane. He was for some time clerk of court of Pennington county, to which position he was appointed by Judge Moody. Afterhisremova by Judge Church he entered the land agency business, but after a time was disbarred for irregularities, by the interior department. Lately he has been cook for a gang of men working near Greenwood. He is now held by the authorities there, who are awaiting instructions from his hom 'n llinois. There is no hope for the Northern Pacific land forfeiture bill. The House is in favor of forfeiting all'lands west of Bismarck, amounting to about 36,000,000 acres, and the lands lying along the Columbia from Wallula to Portland, while the Senate only wish to forfeit the lands where the road has not been constructed, i. e.. the Cascade branch. which is fast approaching completion. The bill is dead for this session, and probably for all time to come, and the road will hold undisputed possession of its grant at least till 1888.


Article from Press and Daily Dakotaian, February 25, 1887

Click image to open full size in new tab

Article Text

It is stated by the Deadwood Pioneer that the Merchants National bank of Deadwood, recently suspended, will shortly resume business and that the branch banks at Central City and Sturgis will follow suit.


Article from Mower County Transcript, February 25, 1887

Click image to open full size in new tab

Article Text

DAKOTA. Gov. Church's first official act was to sign the bill legalizing the Sioux Falls board of election. It was the bill vetoed by McCormack, but with the objectionable features removed. On Sunday, the artesian well at Highmore, began flowing at 1,550 feet. Word was brought to the congregation at the church, and after the service the announcement was made and all joined in singing "Praise God from Whom All Blessings Flow.' The Merchants National bank of Deadwood suspended on the 16th. The Merchants is one of the oldest banking institutions in the Black Hills and news of its suspension fell like a thunder bolt on the public. It has four branch banks in various parts of the Black Hills, and was regarded as perfectly sound, and many think the bank will resume soon. W. R. Stebbins of Helena, is president and Alvin Fox, of Deadwood, cashier. Joseph M. Wallace of Deadwood has been pronounced insane. He was for some time clerk of court of Pennington county, to which position he was appointed by Judge Moody. After his removal by Judge Church he entered the land agency business, but after a time was disbarred for irregularities, by the interior department. Lately he has been cook for a gang of men working near Greenwood. He is now held by the authorities there, who are awaiting instructious from his hom in Illinois. There is no hope for the Northern Pacific land forfeiture bill. The House is in favor of forfeiting all lands west of Bismarck, amounting to about 36,000,000 acres, and the lands lying along the Columbia from Wallula to Portland, while the Senate only wish to forfeit the lands where the road has not been constructed, i. e., the Cascade branch, which is fast approaching completion. The bill is dead for this session, and probably for all time to come, and the road will hold undisputed possession of its grant at least till 1888.


Article from Custer Chronicle, February 26, 1887

Click image to open full size in new tab

Article Text

CUSTER CHRONICLE. Official Paper of Custer County. Fremont, Ekhorn & Mo. Valley R. R No. BLACK HILLS DIVISION. No. 4. Takes Fffect July 25th, at 12 o'clock noon. 87 No. si No. 4:No.38 Frt. Pass. STATIONS, |Pass. Frt. P.M. A.M. P.M. A.M. 12m. 2:15 .Chicago 8:45 Missouri Velley 7.50 1:20 1:20 6:44 Buffalo Gap. 2:45 11:50 7:10 Fairburn. 7:25 10:47 6:40 8:45 7:55 Hermosa 9:40 4:52 8:26 6:09 Brennan 9:00 5:50 5:30 8:45 Rapid City DEPART. ARRIVE Assaying done at Booth & Webster's Judge Thomas returned from Bismark on Tuesday. Sheriff Porter recently appointed Oscar Klein as his deputy at Hermosa. If you want a good partner get the Farmer's Daughter. Only six days remain of the present session of Congress. Sioux city is now dubbed "the Kansas City of the north west." The greatest variety of leas and tobacCOS in the Hills at Cochran's. Nightly prayer meetings have been held at the Methodist church during the week. Assaying done at Booth & Webster's The exact depth at which coal was artesian well as is struck stated in the by the Journal, at Chadron, 665 feet The width of the vein is said to be 50 inches. The Farmer's Daughter is a cook stove, the best stove made. It is sold at J. Cochran's. W. McCarney of Deadwood arrived in this place on Thursday. and is interviewing our citizens in the interest in this of lodge of the establishment, the place, of a Ancient Order of United Workmen. Heavy snows are reported in Iowa; from Sioux City north the SNOW is to six feet the to level. from It would four require deep accumula- on said the tions of four winters to equal that depth of snow in Custer. Cochran's for groceries and hardware, the cheapest house in the Hills, and the best goods in the market. During the present week the residents of enjoyed Custer have unusually fine winter weather. While the nights have cooler care the have been to somewhat have them, days than we would been as bright and pleasant as could be desired. For fresh candy, genuine Havanna olgars, all kinds of pipes, go to Cochran's where they sell cheap. The recent blowing of a boiler at resulted in a Greenwood has up suspension of operations, pending the arrival of from About three now daily expected. members of the company Chicago, quarters of a mile of the ilroad track has been completed. In the future, all remittances to the office will be to currency or drafts on the First Deadwood National be in land required bank of Deadwood, which is agents will be saved time and United land States depository. Attorneys and a trouble) by complying with this requirement. A goodly number of Custer residents at upon of their greeted Saturday the the occasion Good Templars open their session hall, on evening. The exercises of were addresses, varied and "declamations, entertaining, singing consisting &e which, being well rendered, well duly who has been resireceived, Mr. Ira and Brickley, appreciated. was a western surburbs past year, has dent city his for of the the recently of sold this ranch to J. E. Pilcher. Mr. Brickfor Ohio on law is now the where ley will his leave father-in Monday, lying death. Mr. Pilcher will of the at once, take point possession of property The latest advices from Deadwood inof the Bank at that which closed dicate Merchants the National probable re-opening place its doors on the now conceded that in forced into that her bank It in liabilities being liquication, case 16th of inst. the will be settled upon the basis of one hundred cents on the dollar. Mr. McLaughlin and wife this place, departed of for Iowa, their former home, a few days since. We learn that will be absent that he period, Mr. purchase McL. and of contemplates but R brief the saw mill, which the increased erect purpose in this of meeting immediate vicinity, he for will the demand for lumber which will come with the opening of spring. The Rapid Republican predicts a ver. that the fuilure of the itable vent of boom spring, for despite place upon the adsmelting project. We predict that even extend point, and that spring progressive boom will dispense beyond the its in the more districts of coveted equally Hills, promising benefits tin remote, the Black but where and other desirable minerals continue to claim a fair degree of public attention. Methodist Church-The order of servincs College


Article from St. Paul Daily Globe, March 5, 1887

Click image to open full size in new tab

Article Text

AT A MINING CENTER. Two Events Which Have Created Immense Excitement Among Speculators at Deadwood, And the Connection Which the Cashier of the Merchants' National Has With Them. How Gen. Sturgis Dropped a Large Sum of Money Belonging to His Grandchildren. A Reporter With a Trunk Full 0 Souvenirs of the Big Boom in Iron Hill. Special to the lobe. DEADWOOD, Dak., March 4.-The ques tion of absorbing interest now is, can the new Deadwood Mining Stock exchange "bull" the market more than the recen bank failures and the manipulations 0 Cashier Fox can depress it? A hopeful feature for shareholders is that that gentle man is out of the market. He certainl; was no mascot at any time. His dump 0 Iron Hill stock last fall SO demoralized everything that it was only a few days age that stocks began to rally; and just as the new exchange opened hopefully down wen his banks with about $200,000 of deposits But Fox is no longer a factor in speculation or business. It is said that he is as com plete a wreck, physically, mentally and morally as the Merchants' National i financially. He stands or sits A HAGGARD WATCHMAN over the closed vaults, waiting for the banl examiner to come from Washington, wait ing for his senior and relative, Stebbins, t come to the reseue. Stebbins has done nothing except to telegraph his willingnes to put up $50,000 to resume if the public will put up enough more and guarante continuous deposits enough and be real good to the banks, to insure solvency and re store lost confidence One incident of man that are now at last freely talked of may suffice for illustration: Las summer when that gallant an simply-honest old soldier, Gen. Sturgis, wa retired on half pay and left the Fort Mead command, he placed an order with Fox t purchase a thousand shares of Iron Hill the then price being $6. Fox expresse doubts as to his ability to obtain the stoc for that price, but promised to do his best Weeks elapsed and Fox reported the orde not filled in his letters to Gen. Sturgis, wh had left the hills. Meanwhile the price o Iron Hill was STEADILY DECLINING. It ran along thus until Gen. Sturgis re turned to Deadwood to find Iron Hill dow to near $1. He countermanded his orde and was told by Fox that the stock had bee purchased for his account at $6, and th 1,000 shares was tendered him. The dat at which the $6,000 was drawn from Stur gis' account in Chicago by Fox showed tha that sum then would have bought two 0 three thousand shares, instead of 1,000, i open market; indeed, circumstances indi cate that the transfer of stock wa not made until the minute that Gen Surgis appeared to countermand the order The inatter seems more affecting becaus the money was a trust belonging to th grandchildren of the old soldier, a fact tha I am told Fox was apprised of in advance In another similar case, that of Mr. Holder the cattle man, restitution was compelle from Fox; but the veteran was too sensitiv and humiliated to go into court with th matter. It is generally believed now th: Fox's break of the stock market was to sta the tottering banks, but the manner of hi madness had little method of remedy in it There was a great boom in mining share last spring. Iron Hill, the favorite, wei above S7 and THE ENTIRE LIST SOARED. Everybody "went long." New comp: nies multiplied, some of them based on prospect hole and a stock certificate. Mir ers, merchants, washerwomen, navvie took hold; the very editors and @printer who had struck of certificates at a cer apiece, paid dollars for them. a stamp at signature being added. A local reporte told me that he had "a trunk full of so venirs of the boom." Then came a rea tion. Iron Hill went down slowly to $ Everybody tried to brace the market: to I a bull then was as much a patriotic duty : it was in 1861 to stand by the Unio While


Article from The Abbeville Press and Banner, March 9, 1887

Click image to open full size in new tab

Article Text

South and West. THE father and mother of State Representative Baugh, of Ohio, were burned to death in their house at Dalton. "JACK" HOWARD, warden of the Southern Indiana Penitentiary at Indianapolis, is short in his accounts $60,000. THE wheat crop of South Australia shows a surplus of 175,000. TWENTY-FIVE more Mormon elders are in the South engaged in making converts. THE Baltimore and Ohio Railroad Company has been severely censured in the verdict of the Coroner's jury for the loss of life by the collision at Republic, Ohio, on January 4th last. EDWIN JOURDAN, a drunken desperado. after throwing two children who were in his way on a Cincinnati sidewalk, shot and fatally wounded their mother, who had come to their defence. THE Merchant's National bank, of Deadwood, Dakota, has suspended.


Article from Daily Yellowstone Journal, March 17, 1887

Click image to open full size in new tab

Article Text

Will Resume. From authentic information we are enabled to state that the Merchants National Bank o : Deadwood will resume business in a short time. Arrangements have been made to pay all creditors in full, and continue business on a more substantial basis than ever before. The temporary suspension of this bank some weeks ago, was the cause of quite a flurry in western moneyed investors, and its resumption will undoubtedly have the effect of renewing confidence in those who were timorous, and causing a better feeling all around.


Article from Custer Chronicle, March 26, 1887

Click image to open full size in new tab

Article Text

Official Paper of Custer County. Fremont, Elkhorn & Mo. Valley R. R. BLACK HILLS DIVISION. Takes Effect July 25th, at 12 o'clock noon. Homestake is quoted at $15.50. Iron Hill is firm at $1.50 per share. Assaying done at Booth & Webster's. Placer mining has been resumed on French creek. Silver has declined to 98½ cents per ounce in New York. The winter term of the public school closed in this place on Friday. The tip end of the spring tin boom touched the town on Wednesday. If you want a good partner get the Farmer's Daughter. Cornelius Reder has recently purchased a ranch two miles southeast of this place, of A. H. Kemmish of this city. The greatest variety of teas and tobaccos in the Hills at Cochran's. J. R. Whiteside, who succeeds Judge Luse as Register of the Deadwood land office is expected to arrive in a few days. Assaying done at Booth & Webster's The Uncle Sam made another, and a very successful clean up on Sunday, the result of 40 stamps running 30 days. The mine is improving daily. The Farmer's Daughter is a cook stove, the best stove made. It is sold at J. Cochran's. Father Mahoney of Rapid held morning and evening services at the courthouse in this place on Wednesday, Thursday, and Friday of this week. Cochran's for groceries and hardware, the cheapest house in the Hills, and the best goods in the market. Late reports indicate a more favorable state of affairs at the Merchants National bank of Deadwood. It is now thought that the bank will resume business in a few days. Willis C. Bower announces in this issue a public examination of applicants for certificates to teach in Custer county, to be held in the public school building in this city April 5th. J. P. Foran and J. W. McConn have been employed lately in the development of the Daisey tin mine, three miles northwest of this place. They report rapid improvement as the work advances. Wahl Bros. of Chicago will soon apply for a patent upon the Spruce Bend mine, two miles west of this place. The Spruce Bend is a gold property bought by Wahl Bros. of McSherer and others last season. R. P. Imes, arrested at Hermosa last week at the instance of his wife, for drunk and disorderly conduct, failing to procure bonds, was brought to Custer, where he now languishes within the confines of the county bastile. F. H. Long, of Chicago, a mining expert representing an eastern company, arrived in this place on Wednesday and left for Warrens gulch on Thursday for the purpose of examining and reporting upon certain valuable tin properties in that district. It has been ascertained that what was supposed to have been a slight shock of an earthquake on Saturday night, was simply the result of undue haste upon the part of Mr. Johnson in sitting down upon the floor of the skating rink. The floor was not seriously injured. Odo Reder, the popular lumberman residing near Hill City, has removed his mill to a point one and a half miles south of this city, preparatory to sawing a large quantity of lumber to be used by him in the erection of a residence in this city, and to supply the public demand for the same in this section. E. H. Flynn, county treasurer, gives notice in this issue of the CHRONICLE, of his intention to enforce the collection of the delinquent taxes for the year 1885 and preceeding years, which may be accepted by the public as evidence of his intention to comply with the requirements of the laws pertaining to his official position. The ladies of the W. C. T. U. have procured a room on Custer avenue, between 5th and 6th streets, which they have very tastily arranged for the purpose of a public reading room. The first installment of books arrived this week, consisting of twenty-four volumes of standard works embracing history, biography, romance, humor etc. with another installment daily expected. Daily papers and magazines have also been ordered which will arrive in time for the opening, which will occur on Tuesday, the 29th inst. at 2 o'clock p. m. The room will be kept open until 10 o'clock p. m., and will doubtless be found a very agreeable place to pass.


Article from New Ulm Weekly Review, March 30, 1887

Click image to open full size in new tab

Article Text

drawn by Secretary McCormack and had the $3 stead changed of to the to go governor. the auditor Those for who clerk are hire criti- incising the appropriations should remember that quite a large amount has to go to make up for deficiencies incurred during the past two years. [ have no enmity for Day, in spite of what has been said. I don't think there are over two or three bills which in my hurry were left in my office. I had the appropriation for the library changed so that I had the selection of books, at the suggestion of Judge Francis. The secretary of the interior decided the following depredation claim: J. R. C. Casselbury of Grand River agency, Standing Rock; amount, $720, in 1875, by Yanktonias Sioux Indians; finding, loss sustained $360, and that amount is allowed in full. James Stevenson, a brakeman in the Milwaukee's yards at Aberdeen, was run over by the Ipswich train. His body was cut in two. His brother is yardmaster, and his parents live at Waseca, Minn. Good authority says the St. Paul, Minneapolis & Manitoba company will extend from Aberdeen north to Bismarck and south to Watertown in the early spring. Alex. McMartin, of Walsh county, sold his farm to Dr. Todd and fled to sunny climes. At the same time a pretty hired girl winged her flight. Mrs. McMartin and children hold the farm and can get along. Judge Thomas has appointed as United States Commissioner of the southern half of the Deadwood judicial district, which includes the Sioux Reservation, E. G. Spilman. For some years the office has been held by J. S. Gautz. On the night of March 3, August Kegel of Grand Forks county, arrived at Dearborn station, Chicago, to buy horses for his farm. He was intoxicated, and hired Jordan A. Bell's cab and started off for a good time. After visiting the Buckingham and some Third and Fourth avenue resorts he fell in with Mattie St. Claire and Lizzie Oakley, and soon after missed $1,160 in cash. The next day Bell was arrested, and he and the two women were indicted. The case came to trial before Judge Jamieson, and the women squealed on Bell, who, they swear, told them that he had stolen $400 from the farmer. He gave each of them $70 to keep quiet. Two parties are at Sioux Falls with propositions for a tranchise for a street railroad, and real estate is being bought in large quantities. The bona fide transfers for the past week average about $75,000 per day, and prices are advancing rapidly. Judge McConnel has issued an order detaching Cavalier county from Pembina county, and making it a separate judicial subdivision. A term of court was ordered for Langdon, in the new district Sept. 7 next. The judge also ordered a term of court at Devils Lake, March 28; Grafton, April 11, and Forman, April 25. The supreme court will meet at Yankton, May 10. The opera house block, Fargo, was bought by A. Stern for $28,000, and improvements commenced on it. It was resold to Chicago parties for $35,000. Washington Special: Representa tives of the Merchants' National bank of Deadwood, spent a day recently with the controller of the currency at his residence for the purpose of discussing the future prospects of the institution, which has suspended. President Stebbins, one of the largest stockholders of the bank, Judge McLaughin, one of the directors, and Mr. Martin the legal adviser, comprised the party, and the details were very carefully gone over with the controller looking to a resumption of business at an early date. As a result of the conference, arrangements were perfected looking to an assessment of 50 cent upon the stockholders, pay able at once, and it was thought that by the middle of next month the doors could be again open to the depositors. Revival meetings have been in progress at Aberdeen. They were conducted by Miss Emma Swartz and have resulted in quite a number of conversions. The Missouri at Yankton is rising over the low lands and the Nebraska side is overflowed. The net results of the revival of the past two months Webster are put at eighty-five in the upward


Article from Reporter and Farmer, March 31, 1887

Click image to open full size in new tab

Article Text

point Dr. Darron of Fargo, but cannot because that city has too many officers. It is reported that intend to appoint Lodewick, who was my clerk of court at Aberdeen, territorial treasurer I b' Treasurer Raynever thought of it. donel Benton's mond's resignation as well 80 can change at any a; but will take time. I have made some anstakes in haste and do not intend to repoat them. The bill raising the fees for notary COLD missioners was drawn by Secretary McCormack, and had the $3 changed to go the auditor for clerk hire in stead of to the governor. Those who are criticising the appropriations should remember that quite large amount has to go to make up for deficiencies incurred during the past two years. have no enmity for Day, in spite of what has been said. don't think there are over two or three bills which in my hurry were left in my office. had the appropriation for the library changed 80 that had the selection of books, at the suggestion of Judge Francis. The secretary of theinterior decided the following depredation claim: J. R. C. Casselbury of Grand River agen. cy, Standing Rock; amount, $720, in 1875, by Yanktonias Sioux Indians; finding, loss sustained $360, and that amount is allowed in full. James Stevenson, brakeman in the Milwaukee's yards at Aberdeen, was run over by the Ipswich train. His body was cut in two. His brother is yardmaster, and his parents live at Waseca, Minn. Good authority says the St. Paul, Minneapolis & Manitoba company will extend from Aberdeen north to Bismarck and south to Watertown in the early spring. Alex. McMartin, of Walsh county, sold his farm to Dr. Todd and fled to sunny climes. At the same time a pretty hired girl winged her flight. Mrs. McMartin and children hold the farm and can get along. Judge Thomas has appointed as United States Commissioner of the southern half of the Deadwood judicial district, which includes the Sioux Reservation, E. G. Spilman For some years the office has been held by J. S. Gautz. On the night of March 3, August Kegel of Grand Forks county, arrived at Dearborn station, Chicago, to buy horses for his farm. He was intoxicated, and hired Jordan A. Bell's cab and started off for a good time. After visiting the Buckingham and some Third and Fourth avenue resorts he fell in with Mattie St. Claire and Lizzie Oakley, and soon after missed $1,160 in cash. The next day Bell was arrested, and he and the two women were indicted. The case came to trial before Judge Jamieson, and the women squealed on Bell, who, they swear, told them that he had stolen $400 from the farmer. He gave each of them $70 to keep quiet. Two parties are at Sioux Falls with propositions for a tranchise for a street railroad; and real estate is being bought in large quantities. The bona fide transfers for the past week average about $75,000 per day, and prices are advancing rapidly. Judge McConnel has issued an order detaching Cavalier county from Pembina county, and making it a separate judicial subdivision. A term of court was ordered for Langdon, in the new district Sept. 7 next. The judge also ordered a term of court at Devils Lake, March 28; Grafton, April 11, and Forman. April 25. The supreme court will meet at Yankton, May 10. The opera house block, Fargo, was bought by A. Stern for $28,000, and improvements commenced on it. It was resold to Chicago parties for $35,000. Washington Special: Representatives of the Merchants' National bank of Deadwood, spent a day recently with the controller of the currency at his residence for the purpose of discussing the future prospects of the institution, which has suspended. President Stebbins, one of the largest stockholders of the bank, Judge McLaughin, one of the directors, and Mr. Martin the legal adviser. comprised the party, and the details were very carefully gone over with the controllor looking to a resumption of business at an early date. As a result of the conference, arrangements were perfected looking to an assessment of 50 per cent upon the stockholders, pay. able at once, and it was thought that by the middle of next month the doors could be again open to the depositors. Revival meetings have been in progress at Aberdeen. They were conducted by Miss Emma Swartz and have resulted in quite a number of conversions. The Missouri at Yankton is rising over the low lands and the Nebraska side is overflowed. The net results of the revival of the past two months at Webster are put at eighty five souls put in the upward way. The Methodist church, organized there last July with sixteen members, now has 104. The Northern Pacific has received and is issuing the Pacific coast tariff as agreed upon at the recent Chicago meetings. The rates between Minneapolis, St. Paul, the Minnesota Transfer and San Francisco, Portland, Tacoma, Seattle, Astoria, ete., are as follows: Per 100 lbs., first class, $4; second class $3.50; third class $3; fourth class, $2,50; fifth class, $2.25, class A $2.10, class B 75, class C $1.40, class D 10, class E$1. The company has also issued a special commodity tariff. Both of the tariffs take effect April 5 next ensuing. The Manitoba has heretofore been shipping all its material for the extention west from Minot to Minot with the intention of doing the building from this end, as no agreement could be made with the Northern Pacific to carry the freight through to the west end of the proposed line. An rrangement has now been made with the Northern Pacific where-by material will be landed at Carrelton, go thence by the Nothern Pacific to the Missouri and be taken in boats to Fort Buford. This will make it possible Buford. for bnilding both waysfrom Fort


Article from Custer Chronicle, April 2, 1887

Click image to open full size in new tab

Article Text

Assaying done at Booth & Webster's. James G. Blaine left New York for the west on the 29th ult. Lemons 50 cents a dozen at Hitchcock's. Carter Harrison has again declined the nomination for mayor of Chicago. The winter term of the public school closed in this place on Friday. We understand that E. T. Pettigrew, of Spearfish, will take charge of the Custer City public school.-Sundance Gazette. Buy your oranges and lemons Hitchcock's It has been semi-authoritativelystated that the Merchants National bank of Deadwood would resume business on or before the 15th inst. If you want a good partner get the Farmer's Daughter. Joe Wallace, a hopeless maniac, who has been confined in the Deadwood jail for several weeks has been sent to the territorial insane asylum. Tobaccos and cigars a specialty at Hitchcock's For fresh candy, genuine Havanna cigars, all kinds of pipes, go to Cochran's where they sell cheap. Attention is called to the notice Webster in which is purpose o sell Booth public & goods informed hereafter this of for issue, their cash in only, or approved security. The greatest variety of teas and tobacCOB in the Hills at Cochran's. Trudell, the man recently tried in for the murder has found Deadwood been guilty of manslaughter of Connolly in the first degree, the lightest penalty for which is six years in the penitentiary. Assaying done at Booth & Webster's The Minnekata Hotel at Hot Springs was advertised to open on the 1st inst., under the management of Stewart and Jennings. They anticipate an early rush of business, and we hope they may realize their anticipations. For sash, doors, and wall paper call at Fred Heidepriem's The Douglass Advertiser informs readers that graders are at work on the B. & M. Railroad at a point about so miles west of a line drawn directly south from Valentine, and that grading contracts have been let to a point near the Wyoming line. Fresh confectioneries and nuts in great variety at Hitchcock's Eugene Pettigrew of Spearfish has been tendered the position of principal in the public schools of this place by board. In case acand arrival in the ceptance, school time, the of his school will open on Monday the 4th. The Farmer's Daughter is a cook stove, the best stove made. It is sold at Cochran's. There is a rumor afloat that James the now in sent a pany, Wilson of England, Harney has Peak Tin cable- Comgram to a party in the Hills, announcing his success in securing sufficient English capital to purchase and work all the desirable tin properties in the Hills. We report the above as a rumor and not as a fact. Go to Hitchcock's for drugs and patent medicines, at States prices. As may be seen in a notice of the late G. R. encampment at Jamestown apin this issue, S. this was elected city pearing department M. Booth junior distinction of vice Commander, a merited which loses none of it significance by his being the only representative from the Black Hills upon whom official honor was conferred. Cochran's for groceries and hardware, the cheapest house in the Hills, and the best goods in the market. with an eye to was A yesterday man looking through business the up mill works of the Gustinon is property and Minerva a strong hoisting company probability Blacktail. of this There to the front in a undirection of a coming der the of short superintendent time and that will put on a force men start the mill.-Pioneer. The opening of the public reading room in this on evening the place week. Tuesday A goodly was event of the number of the residents of the city were in attendance, and were kindly greeted by the ladies of the W. C. T. U. under whose auspieces the reading room has been established, and who were largely represented on this occasion. While it cas not be said that the room has been supplied with an extensive library, it that great care obthe served apparent in selection of has what from been time they have, which will be increased


Article from The Bottineau Pioneer, April 7, 1887

Click image to open full size in new tab

Article Text

Washington Special: Representatives of the Merchants' National bank of Deadwood, spent a day recently with the controller of the currency at his residence for the purpose of discussing the future prospects of the institution, which has suspended. President Stebbins, one of the largest stockholders of the bank, Judge McLaughin, one of the directors, and Mr. Martin the legal adviser. comprised the party, and the details were very carefully gone over with the controlfor looking to a resumption of business at an early date. As a result of the conference, arrangements were perfected looking to an assessment of 50 per cent upon the stockholders, payable at once, and it was thought that by the middle of next month the doors could be again open to the depositors. Revival meetings have been in progress at Aberdeen. They were conducted by Miss Emma Swartz and have resulted in quite a number of conversions. The Missouri at Yankton is rising over the low lands and the Nebraska side is overflowed. The net results of the revival of the past two months at Webster are put at eighty-five souls put in the upward way. The Methodist church, organized there last July with sixteen membors, now has 104.


Article from Custer Chronicle, April 9, 1887

Click image to open full size in new tab

Article Text

The Farmers' alliance of Jerauld county will hold a session at Weasington Springs, April 2. Baptist and Methodist churches and a new school house are in course of erection Parkston. Local option petitions are circulating in Ransom, Cass, Barnes and other northern counties. Two hundred of the best families of New England are announced to leave for Dakota about May 1. Natural gas has been found at a depth of 135 feet on the farm of Robert McClure in Sully county. Jamestown expects the first agricultural fair under the new law, which appropriates $4,000 for the purpose. will cost $12,000 to repair the Tarner that have been county It bridges damaged this spring by high water. Tower Herald says that the popThe City that is polled ulation of that place is 450, and 452 votes at the last election. of Ellisville, is James Barbour, He had stili $135 miss. ing and foul play is feared. on his person when be left home. F. M. Ingersoll, of Monango, was badly inwhile drawing his house over the prairie with horses. He slipped and jured four fell success under. A. J. Wiest, of Egan, is making a of his tow mill. He is receiving orders from Chicago, Buffalo, and as far east as New York. From Deadwood comes the report that ar rangements are to be made under which the Merchants' National bank of that city will shortly resume basiness. As assay of ore from the "Poisoned Ox" near Rapid City, shows the grade. The lode is mine, be very high mineral extensive to and apparently inexhaustible. Deadwood comes the reFrom gratifying made under port that arrangements are to be which the Merebants National Bank of that city will shortly resume business. chemical analysis is being made at Rapid of the stomach of a man have been at Custer. It City A poisoned supposed will require to considerable time for completeness. The Deadwood Chinamen monopolize the laundry, silk, tea and other lines of business, run restaurants, raise pigs and chickens, and patronize joints and joss houses. Prairie chickens are so plentiful around Sloux Falls that they crowd each other into the city limits and occasional flocks perch on the residences on the hill streets. A Minnesota man will give the people of a creamery with a pounds of butter a 2,000 Brookings to 3,000 capacity being daily for con- of $2,000 bonus. The preposition is sidered. James Barbour, whose disappearance from was reported, has as far as Miller, where be was Highmore east been symptoms entirely traced out of of money and showed strong aberration of mind. The following Dakota postmasters have B. Mair, vice George W. Bowlan county, been appointed Hamlis, removed; Pembina vice David Moore, Highmore, Hyde county, William H. Tomlinson resigned. The opera house block at Fargo was sold last for $28,000, and again on 32d for $35,000. It is rumored inst. week resold the last the of purchasers were Marshall Field & Co., Chicago, and that they intend establishing branch house there. The Milwaukee company has graded a track from Beloit up the east side of the Big Sioux and laid the iron to a point just south of Can ton. where a fine new bridge will be built and both roads will be accommodated at the new which will be built in P. Brennan, wife of a prominent depot Mrs. John the spring. business man of Yankton, died at Toledo, O., the first of the week of scarlet fever. She left Yankton a few days before with her baby to avoid the disease raging at that place, but the germs were with her, which caused her death. Deadwood Times, 20: Four females engaged in alively tussle Saturday night, on the front of the land office. The misis supposed to grown understanding sidewalk in have decisions. out of one of Sparks' unrighteous devil, will have many sins to anwhen he goes ever from the Farmers' at Valley City, shows The in what men try are Dakota newspaper "What galls Sparks, ing pablished swer positions for following, poor the range. the Almanac, placed: Alliance is that we can always of 1 fresh keg of beer is the and we've no 'dummy' no to on the platter even we sometimes tapping 'dueats' force most put connection, adjourn if hear 'Home. and to had the the Consequently we the office and Lit the water >dummy.' of pail." case of Carlston, the who with having while the two were The is charged riding killed to Joseph their corner Robinson December, Scandinavian, in Emmons county last was at Bismarck Monday. called homes Carlston of murder, has pleaded not guilty to the charge and as the only witness of the crime afterward poisoned, the case is one of ex ceptional interest. Henry Baker, who is in dieted for poisoning Olson, the only witness to the Carlston crime, is also indicted for and bis case will be murder, called There immedi- is ately upon the close of this trial. a good prospect that both will bang.


Article from New Ulm Weekly Review, April 27, 1887

Click image to open full size in new tab

Article Text

DAKOTA TERRITORIAL NEWS. Marshall cClure,formerly of Jamestown, the Minot will Tribune. begin the publication of the Kate Maloney, who was burned in Huron prairie fires, is dead. Fargo will have a new college, under denomination. the auspices of the Congregational A board of trade has been formed at Sioux Falls. The postoffice at Maitland, Douglass county, and Starr, Hutchinson county, have been discontinued. The Hicks--Trask Hardware pany, Aberdeen, which recently com- assigned, will resume business. Frank E. Stevens, ex-county treasurer, on trial at Huron for embezzlement, was found not guilty. license Hereafter two-thirds of the liquor city fund of Fargo will go to the for general purposes. Sioux Falls petitions the postmasis ter-general for a free city delivery, and $30,000 endeavoring to raise for board of trade money It is building. a reported that the St. pany to build to. year. the parties intends Surveying Bismark employed by Paulcom- this five road or six ran several lines into the years ago. thecity for reat company is al estate is Bismarck for W. facilities. railroad W. Itisstated tha negotiating terminCreek, Anderson, agent at declares that no settlers Crow removed Big except those living on were notified Bend district,"who,have been twice the troops to vacate. Failing to comply The were ordered to object is to secure the remove them. government reservation pasture. No other district a personal notice have to at vacate. any time received on the tiary Directors of the territorial meeting at Sioux Falls held a penitencome to elect a warden, special den to an agreement. Daniel having of five. was elected by vote of three C. Glid- out The board of directors of the Dakota and penitentiary met at Bismarck North McCabe, organized, by the election appoints one of the of the new Democratic of J. A. has Commissioner will hereafter his make family that to Canton quarters. Louis'an Railroad moved chairman. city Boynton his head- and and and wife, of Annie Grand Gilbertson, Forks, aged husband years respectively, sixty town asylum. insane and sent to James- were ison George Johnston, a resident of Vernon, county since 1880, died at Dav. was the aged eighty-five Mount of Mitchell father of George A. years. He Mount Vernon and Gazette. Johnston, Johnston of the land agent from the of is at Brookings with forty-five suspended a list A special office general the register They in each are case of all deeds to claims besent to is makingan entries Washington. abstract and residence.' require the act of June 1, 1880, proved which up did under not into At with Fargo a contract was the Star Iron Tower entered struction pany of Fort Wayne for the combe completed of a in third a month. electric tower the con- to that Gen. he Ruger said in St. Paul that troops knew about the movement all Winnebago irom Fort Sully of was that and Crow Creek on to the military under the agent had asked agencies for ago, had sent and him that the the officer old order of a year the report that the a company. settlers commanding As to the leave, vation he would said be that shot it was if they on bosh. the did reser- not Deadwood The Merchants National bank funds. reopened with at to $85,000. The surplus has been abundant increased of Fears William are apprehend of the Fort Cannon, postmaster safety Abraham Lincoln. at Mandan, of and the First National is director erty. His credit owns considerable Cannon Bank of a first-class. He is and propIt is years of der ary away. aberration of mind led that him unmarried. At Jamestown, fifty feared reputation tempor- age and to wan- are well and was measured the by the new artesian The pressure found to was be 1,476 1-2 committee feet deep. success result as of before, again 105 tested with the sult well in sinking the two well will pounds. probably The reand one at the aslyum. more-a railroad


Article from Reporter and Farmer, April 28, 1887

Click image to open full size in new tab

Article Text

DAKOTA TERRITORIAL NEWS. Marshall McClure,formerly of Jameslown, will begin the publication of The Minot Tribune. Kate Maloney, who was burned in lhe Huron prairie fires, is dead. Fargo will have a new college, under the auspices of the Congregational denomination. A board of trade has been formed at Sioux Falls. The postoffice at Maitland, Douglass county, and Starr, Hutchinson county, have been discontinued. The Hicks-Trask Hardware company, Aberdeen, which recently as ligned, will resume business. Frank E. Stevens, ex-county treasurir, on trial at Huron for embezzlement, was found not guilty. Hereafter two-thirds of the liquor license fund of Fargo will go to the city for general purposes. Sioux Falls petitions the postmas[er-general for a free city delivery, and a is endeavoring to raise money for $30,000 board of trade building. It is reported that the St. Paulcompany intends to build to Bismark this year. Surveying parties employed by the road ran severallines into thecity live or six years ago. Itisstated that the railroad company is negotiating ior real estate is Bismarck for terminal facilities. W. W. Anderson, agent at Crow Creek, declares that no settlers were removed except those living on the Big Bend district, who,have been twice notified to vacate. Failing to comply troops were ordered to remove them. The object is to secure the district a government pasture. No other on the reservation have at any time received personal notice to vacate. Directors of the territorial penitenliary at Sioux Falls held a special meeting to elect a warden, having tome to anagreement. Daniel C. Glidden was elected by vote of three out of five. The board of directors of the North Dakota penitentiary met at Bismarck and organized, by the election of J. A. McCabe, one of the new Democratic appoints of the chairman. The Merchants National bank at Deadwood reopened with abundant lunds. The surplus has been increased to $85,000. Six hundred more patents haxe just been received by the United States and office in Huron. Railroad Commissioner Boynton has moved his family to Canton and will hereafter make that city his headquarters. Louisand Annie Gilbertson, husband and wife, of Grand Forks, aged sixty and fifty-nine years respectively, were adjudged insane and sent to Jamestown asylum. George Johnston, a resident of Dav. Ison county since 1880, died at Mount Vernon, aged eighty-five years. He was the father of George A. Johnston of Mi tchell and E. S. Johnston, of the Mount Vernon Gazette. A special agent from the general land office is at Brookings with a list of forty suspended entries and the register of deeds is makingan abstract In each case to besentto Washington, They are all claims proved up under the act of June 1, 1880, which did not require residence. At Fargo a contract was entered Into with the Star Iron Tower company of Fort Wayne for the the construction of a third electric tower to be completed in a month. Gen. Ruger said in St. Paul that all that he knew about the movement of troops from Fort Sully on to the Winnebago and Crow Creek agencies was that the agent had asked for the military under the old order of a year ago, and that the officer commanding had sent him a company. As to the report that the settlers on the reservation would be shot if they did not leave, he said that it was bosh. Fears are apprehended of the safety of William Cannon, postmaster at Fort Abraham Lincoln. Cannon is a director of the First National Bank of Mandan, and owns considerable property. His credit and reputation are first-class. He is fifty years of ageand unmarried. It is feared that temporary aberration of mind led him to wander away. At Jamestown, the new artesian well was measured by the committee and found to be 1,476 1-2 feet deep. The pressure was again tested withthe result as before, 105 pounds. The success of the well will probably result in sinking two more-a railroad well and one at the aslyum. The $250,000 stock of the Security Savings Bank of Fargo has been subscribed. F. R. Fulton and E. A. Gowan of Grand Forks have purchased a lot for $1,500, and will erect a substantial brick building for asecond national bank. It is believed now that at least three new railroads will enter Bismarck this year.


Article from The Warner Sun, April 29, 1887

Click image to open full size in new tab

Article Text

DAKOTA TERRITORIAL NEWS. Marshall McClure,formerly of Jamestown, will begin the publication of the Minot Tribune. Kate Maloney, who was burned in the Huron prairie fires, is dead. Fargo will have a new college, under the auspices of the Congregational denomination. A board of trade has been formed at Sioux Falls. The postoffice at Maitland, Douglass county, and Starr, Hutchinson county, have been discontinued. The Hicks--Trask Hardware company, Aberdeen, which recently assigned, will resume business. Frank E. Stevens, ex-county treasurer, on trial at Huron for embezzlement, was found not guilty. Hereafter two-thirds of the liquor license fund of Fargo will go to the city for general purposes. Six hundred more patents haxe just been received by the United States land office in Huron. Sioux Falls petitions the postmaster-general for a free city delivery, and is endeavoring to raise money for a $30,000 board of trade building. It is reported that the St. Paulcom pany intends to build to Bismark this year. Surveying parties employed by the road ran several lines into thecity five or six years ago. Itisstated that the railroad company is negotiating for real estate is Bismarck for terminal facilities. W. W. Anderson, agent at Crow Creek, declares that no settlers were removed except those living on the Big Bend district, who, have been twice notified to vacate. Failing to comply troops were ordered to remove them. The object is to secure the district a government pasture. No other on the reservation have at any time received personal notice to vacate. Directors of the territorial penitentiary at Sioux Falls held a special meeting to elect a warden, having come to an agreement. Daniel C. Glidden was elected by vote of three out of five. The board of directors of the North Dakota penitentiary met at Bismarck and organized, by the election of J. A. McCabe, one of the new Democratic appoints of the chairman. Railroad Commissioner Boynton has moved his family to Canton and will hereafter make that city his headquarters. Louis'and Annie Gilbertson, husband and wife, of Grand Forks, aged sixty and fifty nine years respectively, were adjudged insane and sent to Jamestown esylum. George Johnston, a resident of Dav. ison county since 1880, died at Mount Vernon, aged eighty-five years. He was the father of George A. Johnston of Mitchell and E. S. Johnston, of the Mount Vernon Gazette. A special agent from the general land office is at Brookings with a list of forty-five suspended entries and the register of deeds is makingan abstract in each case to besent to Washington. They are all claims proved up under the act of June 1, 1880, which did not require residence. At Fargo a contract was entered into with the Star Iron Tower company of Fort Wayne for the the construction of a third electric tower to be completed in a month. Gen. Ruger said in St. Paul that all that he knew about the movement of troops from Fort Sully on to the Winnebago and Crow Creek agencies was that the agent asked for the military under the old order of a year ago, and that the officer commanding had sent him a company. As to the report that the settlers on the reservation would be shot if they did not leave, he said that it was bosh. The Merchants National bank at Deadwood reopened with abundant funds. The surplus has been increased to $85,000. Fears are apprehended of the safety of William Cannon, postmaster at Fort Abraham Lincoln. Cannon is a director of the First National Bank of Mandan, and owns considerable property. His credit and reputation are first-class. He is fifty years of ageand unmarried. It is feared that temporary aberration of mind led him to wander away. the Lemesterm