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Texas National Bank Suspends. Washington, July 7.-The comptroller of the currency today received information of the suspension of the First National Bank of Mason, Texas. Bank Examiner Johnston"was placed in charge. The bank has a capital of $50,000 and at the date of its last report its liabilities amounted to $30,000.
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TEXAS MATTERS. Another Aspirant for the Dallas Collectorship. Washington, July 15.-(Special.)-No receiver for the First National bank of Mason, which closed its doors a few days ago, will be appointed until the return. of Comptroller Eckels. There is another Richmond In the field for the Internal revenue collectorship of the Dallas district. He is W. A. Nason. He filed his papers with Secretary Gage this afternoon. It was said today that no internal nevenue collector for Texas will be appointed until after the adjournment of congress. E. H. R. Green has not yet put in an appearance. He is baoked to arrive tomorrow night, Out of a large batch of presidential postmasters nominated by the premident today Texas captured one, as follows: A. S. Davis at McGregor.
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penses foot up $793,298,269, leaving total net earnings of $332,333,756. Receipts from other 'sources, including 1 rentals received by lesser companies, were $104,607,542, making a total available revenue of $436,341,298. From this revenue were paid $242,415,494 interest on bonds, 1 $7,996,456 other interest, $81,304,854 in dividends, $59,081,058 rental rolls, etc., and $34,233,688 in miscellaneous expenses. The S year's surplus over fixed charges and 1 payments was $11,309,748. f Compared with 1895 the increases in the following itmes were: Miles of road oper1 ated, .97 per cent; tons of freight moved, r 2.40 per cent; freight mileage, 6 per cent; r passengers carried, 1.01 per cent; passenS ger mileage, 3.46 per cent; earnings from r freight, 3.58 per cent; earnings from pas£ sengers, 1.68 per cent; miscellaneous earn1 ings, 2.52 per cent; total gross earnings, e 3.04 per cent. Net earnings, 3.23 per cent. S Net earnings per ton per mile decreased .018 per cent below 1895, while the funded h debt also shows a decrease of 3.17 per cent n compared with 1895. In an article on the Massachusetts BenS efit Life Association and its failure, the New York Tribune says that if Insurance 1 Commissioner Merrill is right and the whole assessment system is wrong somen thing should be done, and done quickly, to protect the right of people holding assesse ment certificates. Well, what ought to be done? Is there any reason, asks the Insurance Journal, why people should not be a permitted to delude themselves with assessment insurance if they wish, or with a be0 lief in what is as great a humbug and a more cruel delusion, the belief that a protective tariff brings prosperity. The man r who insures his life in an assessment company, unless he knows just what he is 1 about, might be compelled to prove his t sanity, but being sane, ought his liberty to f be restrained? The following National Bank changes are t among those noticed in the comptroller's o latest bulletin, dated 4th inst.: National Bank Organized-The People's t National Bank of Waynesburg, Pa.; capital, $50,000; A. Lantz, president; W. D. Cotterrel, cashier. S Liquidation-The First National Bank of Mason, Texas, has gone into voluntary o liquidation by resolution of its stockholdo ers dated Aug. 23, 1897, to take effect on that date. Insolvent-The First National Bank of Asheville, N.C., was on Aug. 23, 1897, placed in the hands of Virgil S. Lusk, receiver.