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No Business. PETERSBTRG, Va. Feb. 8.-The stockbolders of the Commercial National Bank, the only national bank in the city, and one of the only three which did not suspend during the panic of 1873, have decided to place the institution in liquidation. The affairs of the bank are entirely sound, and the depression of general business in the only cause of closing its operations.
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Richmond Dispatch. FEBRUARY & 1879 SATURDAY PETERSBURG. ANOTHER BANK GOING INTO LIQUIDATIONBISHOPS DOGGETT AND WHITTLE TO Visit THE CITY-A MINISTER POUNDED. (Correspondence of the Richmond Dispatch.] FEBRUARY 7, 1870. At the late annual meeting of the stockholders of the Commercial National Bank of this city a resolution was adopted placing the bank in liquidation, and this action of the stockholders, it is understood, is to be carried out, though, of course, some time be required to wind up its business. will and fixtures of the bank have by the Company, middle of A pril or the been The the and good-will Insurance purchased Petersburg 1st who of May will The Savings occupy about Comthe Commercial-Bank building. mercial was the only national bank left in Petersburg after the panic of 1873, and was one of the few banks in the city that did not suspend payment during that terrible ordeal. Bishop Doggett will visit this city to-morrow as the guest of Mr. W. T. Davis. Sunday morning an à evening he will preach at the Waishington-Street Methodist Episcopal church in place of the pastor, Rev. Joseph H. Riddick, who is still confined to his house by sickness. Bishop Whittle will also arrive here tomorrow, and at night will administer confirmation to a class at St. Stephen's (colored) Episcopal church. Sunday morning be will preach and administer confirmation at St. John's church; and at night be will confirm a class at St. Paul's. Rev. J. W. Compton, the pastor on the Surry circuit, was stormed by bis churchpeople one evening this week, and the family larder filled to an extent so generous that the supplies will not be exhausted for ROBIN ADAIR. weeks.
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NO BUSINESS FOR A BANK. [BY TELEGRAPH TO THE HERALD.) ! PETERSBURG, Va., Feb. 7, 1879. The stockholders of the Commercial National Bank, the only national bank in the city, and one of the only three which did not suspend during the panic of 1873, have decided to place the institution in liquidation. The affairs of the bank are entirely sound, and the depression of general business is the only cause of closing its operations.
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The Commercial National Bank of Petersburg, Va., the only national bank in the city, has gone into liquidation, The affairs of the bank are good, but business depression is the assigned cause for the action.
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General News. Zachariah Chandler was unanimously nominated for U. S. Senator to succeed Christiancy, by the Republican caucus of the Michigan Legislature last night. The Dominion Parliament met yesterday.Hon. Joseph G. Blanchet was chosen Speaker of the Hous. The returniug excursionists to Mexico arrived at Galveston, Texas, yesterday, by steamea, and most of them will go to St. Louis by rail to-day. They say they found everywhere amoug all classes the most cordial feeling and desired for closer commercial relations with the United States. President Jewett, of the Erie Railway, says he has no knowledge of the lease of the Atlantic and Great Western Railroad by the Erie Company. He says if a lease had been made he would certainly know it. All the creditors of the American Print Works at Fall River, Mass., have agreed to the two years' extension asked. The Commercial National Bank of Petersburg, Va., has gone into liquidation. It is said no one will lose. This is the last National bank in Petersburg, the other two baving failed in 1873. Stettheimer Tone & Co.'s bank, at Rochester, N. Y., suspended yes'erday, in anticipation of a run. They excepted to pay all claims in full. The Orange County Mutual Fire Insurance Company, at Goshen, N. Y., has suspended, after an existance of forty years. The Manufacturers' Gas Company of Fall River, Mass., has offered to pay 20 per cent, in final settlement of the $50,000 in fraudulent paper issued by C.H. Stickney, its former Treasurer. The New York agents of the Apollinaris Company denounce as unfounded the charge of having defrauded the Government. They say they demanded an investigation in May last, "in order to silence all slander." Last Mondy a band of twenty-five Indians raided the camp of three hunters on the Cheyenne river, 30 miles east of Radid city. The Indians captured one gun, one horse, and all the hunters' provisions and blankets.
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BUSINESS TROUBLES. A PRIVATE BANK CLOSED. ROCHESTER, N. Y., Feb. 13.-Stettheimer, Tone & Co.'s bank closed 108 doors to-day. Anticipating a THE on the bank the firm decided to suspend. They expect to pay all demands in full. WINDING UP AN INSURANCE COMPANY, PORT JERVIS, N. Y., Feb. 13.-The Orange County Mutual Fire Insurance Company, at Geshen, N. Y., after a successful career of over forty years, have been forced to st P business on account of the heavy losses lately sustained. SUSPENSION OF A NATIONAL BANK. RICHMOND, Va., Feb. 13.-The Commercial National Bank of Petersburg has gone into liquidation and is closing up Its affairs as rapidly as possible. Its condition 18 said to be sound, and no losses will result to any one. Tuis IS the last of the National banks in Petersburg, the two others having succumbed in the crisis of 1873. THE MANUFACTURERS' GAS COMPANY. FALL RIVER, Mass., Feb. 13.-At a meeting of the creditors of the Manufacturers' Gas Company to-day, the latter offered in final settlement to pay 20 per cent of the $50,000 of fraudulent paper issued by Charles H. Stickney, the former treasurer. The proposition was taken under advisement.
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Electric Currents. The Charleston, S. C., races closed yesterday. Mrs. Martha Stair, aged eighty, died at Newark, O. The Canadian House convened at Ottawa yesterday. General Peel, the famous English turfman, is dead. Chas. R. Copeland, aged eighty-five, died at Dresden, O. George Norman, a boy, was killed by cars at Oaktown, Md. The Dairymen's Convention at Chicago closed last night. E. M. Hayes & Co., boots and shoes, failed at Anderson, Ind. Mrs. Zerilda Buchanan, a pioneer, died at Columbus, Ind. John Holmes, of Franklin, Ind., was killed by the cars. The cotton spinners at Remirmont, France, are striking. Mrs. Susan Richardson committed suicide at St. Joseph, Mo. Gottleib Brandt, aged sixty, was killed by cars at Hamden, Ohio. The Cherry Valley Iron Company have failed at Latonia, Ohio. Newton Smith, barn burner, gets two years at Franklin, Ind. Young Gonzales was murdered by a horse thief near Stockton, Texas. The houses over the Kohinoor mines at Pottsville, Pa., are sinking. Five Judges of Election were convicted and sentenced at Baltimore. Herr Forckenbeck has been elected President of the German Reichstag. Spencer Penn, another of the McKimmie gang, was arrested at Hillsboro, Ohio. Several passengers were injured by a railroad collision near St. Vincent, Can. John Whitlow was crushed to death in a coal mine, at Campbell's Creek, W. Va. John Dunford, at Pleasant Lake, Ind., married a widow, took laudanum and died. Pinckney, Jackson & Co., spices, New York, have suspended. Liabilities, $110,000. Jacob P. Sampson, foreman of the Cleveland Industrial School Farm, was killed by cars. An oven in the chemical works at Jackson, Mich., exploded, killing Henry Kreiger. The liabilities of Louis S. Black & Co., traders, of Montreal, who failed, are $200,000. The Commercial National Bank, the last National Bank in Petersburg, Va., has gone into liquidation. Marie Azurine, trapeze performer, fell and broke her collar-bone at Detroit. She will probably die. Abe Rothschild's case will not come up again until next October. He is still in jail at Marshall, Texas. Rogers' Locomotive Works and Barlowe's Flax and Jute Mills burned at Paterson, N. J., last night Loss $150,000. Bud. Law shot and killed H. L. Maylock, at a party near Springfield, Mo. Law was arrested but afterwards escaped. A boiler exploded at Buffalo, N. Y., demolishing the De Long Forge and Iron Works Building. Nobody hurt. Dike French and George Bruesteter, two roughs, outraged Mrs. Spery, at Andover, Ohio. Citizens threatened to lynch them. Samuel Bennett and John Rudder were killed, and Danielsand "Crazy Joe" injured by an explosion in the Giant Mine, Ontonagon, Mich. Joseph Haser, Ex-Mayor of Galena, Ill., and proprietor of a large brewery in that city, was arrested on the charge of using second-hand beer stamps. Augustine Marty, aged seventeen. stabbed and killed Wm. Patterson, a colored burglar, who entered the store where Marty was sleeping, at Kansas City, Mo. Ex-Auditor William H. Heath, of St. Louis, found guilty of embezzling school funds to the amount of $142,000, confesses that he gambled the money away.
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FINANCIAL. ROCHESTER, N. Y., Feb. 13.-Stetheimer, Tono & Co.'s bank closed to day. Anticipating A run, they decided to suspend. They expect to pay in full. PETERSBURG, Va., Feb. 13.-The Commercial National Bank, the last National bank in the city, has gone into liquidation. New York, Feb. 13.-Pinckney, Jackson & Co., dealers in spices, have suspended. Liabillties, $110,000.
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heavy fall of snow in Oregon and Washington territory. Lord Beaconsfield in the house of lords made a statement similiar to that of Sir Stafford Northcote. A dispatch from Rome says cordial letters have been exchanged between the Pope and the German Empire. Tne commercial national bank of Petersburg, Va., the last National bank in the city has gone into liguidation. Milwaukee and the surronnding country as visited by heavy snow storm Feb. 11. The fall was from 6 to 13 inches in depth in different localities. The President of the Italian board of health, speaking in the chamber of deputies, predicted that if the plague penetrated Europe it would destroy a third of the population. The heirs of Napoleon III. have been defeated in the action against the estate for recovery of the Chinese museum and arms at the Chateau Peirre Fonds of their value out of the civic list. The striking miners of Coshocton, Ohio, have posted notices in the vicinity of the union lines warning the men at work there that they will do them hurt if work is not stopped by Thursday next. The Brooklyn health officers charge that a number of cows suffering from pleuro penumonia have been taken from stables and slaughtered at the abattoirs. The [carcasses are now under guard until veterinary surgeons investigate. A Rome telegram says, the Pope has discontinued payments to bishops who have not received the royal exequatur. Newspapers publish a letter from Cardinal Nina declaring that the papacy has not the means to continue these payments. Dock laborers in Liverpool, Feb. 15th numbering 40,000, demanding terms met in the afternoon. The ship owners were firm. At the closed docks where men were fed and housed, there were more applications for employment than could be accommodated. The Lucas bank of St. Louis, one of the oldest in the city has transferred its business to the Mechanics' bank, and will close business. Its depositors will be paid in full. The reason assigned is that the profits do not pay a fair interest on the capital invested. The liabilities of Osborn, Chase & Swain, picture frame manufacturers, of Toledo O., are stated at $190,000, with nominal assets of about the same amount. Alleged cause of failure, speculation in real estate and decline in prices of goods. The compaty employed 200 hands. A gorge in the Missouri river at Glasgow Mo., destroyed a span of the railroad bridge which was being built for the Chicago & Alton railroad by the American Bridge company, o Chicago. The loss, which is $30,000 to $40,000 falls on the bridge company. It would have been ready for use by March 1st. A London telegram of Feb 13th says Sir. Stafford Northcote chancellor of the ext chequer, in the house of commons said it was n not desirable to exaggerate or depreciate the severe blow in South Africa. There exists $ n general admiration for the gallantry of the d troops, and universal sympath for the suffer ers. The cabinet is resolved to repair and S wipe out the disaster. e Of forty-five million dollars of frac tional currency issued there remains outstand to ing about sixteen millions, of which amoun ce about two millions are three and five cents. I n. is now estimated there will be ultimately re h. deemed only four millions of the sixteen mil e lions, leaving tweive millions as profit to th e government, that amount being lost or de stroyed hOne of the prominent directors of th ne Chicago & Northwestern railway compan of says the officers of the road will next wee declare a dividend of 13/4 per cent. on the pre ferred stock, and the dividends will hence n, forward be payable on the preferred stoc an every three months. The dividends on th gs common will be payable semi-annually. Th he earnings of the road in the past six month
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commence the evacuation of Adrianople in ten days. Much loss of stock is feared from the heavy fall of snow in Oregon and Washington territory. Lord Beaconsfield in the house of lords made a statement similiar to that of Sir Stafford Northcote. A dispatch from Rome says cordial letters have been exchanged between the Pope and the German Empire. Tne commercial national bank of Petersburg, Va., the last National bank in the city has gone into liguidation. The Osburn, Chase and Swayne Manufacturing company, of Toledo, o., failed Feb. 10th. Liabilities $90,000. Assets unknown Milwaukee and the surronnding country as visited by heavy snow storm Feb. 11. The fall was from 6 to 13 inches in depth in different localities. At a debt raising service at. the old Foundry Methodist church, Washington, Feb. 9th, President Hayes contributed $500 of the $15,000 secured. A London telegram of Feb. 10th says, the three largest jute factories in Forfarshire have stopped, owing to depressed trade, and four in Dundee are expected to stop. The President of the Italian board of health, speaking in the chamber of deputies, predicted that if the plague penetrated Europe it would destroy a third of the population. The heirs of Napoleon III. have be n defeated in the action against the estate for recovery of the Chinese museum and arms at the Chateau Peirre Fonds of their value out of the civic list. The striking miners of Coshocton, Ohio, have posted notices in the vicinity of the union lines warning the men at work there that they will do them hurt if work is not stopped by Thursday next. A Berlin telegram of Feb. 10th. says 1 is officially announced that the Greek govern. ment has received a report from the consul at Kavak, on the Ægean sea, confirming the a rumors of an outbreak of plague there. The Brooklyn health officers charge that a number of cows suffering from pleuro penumonia have been taken from stables and slaughtered at the abattoirs. The [carcasses are n OW under guard until veterinary surgeons investigate. A Rome telegram says, the Pope has discontinued payments to bishops who have y ff not received the royal exequatur. Newspa. pers publish a letter from Cardinal Nina declaring that the papacy has not the means to continue these payments. n Dock laborers in Liverpool, Feb. 15th it numbering 40,000, demanding terms met in e the afternoon. The ship owners were firm. At the closed docks where men were fed and it housed, there were more applications for em D. ployment than could be accommodated. e The Lucas bank of St: Louis, one of S the oldest in the city has transferred its busi ness to the Mechanics' bank, and will close business. Its depositors will be paid in full. The reason assigned is that the profits do not S pay a fair interest on the capital invested. A Liverpool dispatch says the number e of strikers of all classes is estimated at 50,000 to 60,000. The sending of a deputation of la borers to steamship owners, is regarded as f hopeful sign. The sailors express a willing ness to send a deputation with a view to ad d justment. The liabilities of Osborn, Chase & t Swain, picture frame manufacturers, of Toledo V. 0., are stated at $190,000, with nominal assets of about the same amount. Alleged cause of ir failure, speculation in real estate and decline is in prices of goods. The company employed 200 hands. at A St. Petersburgh telegram of Feb n 10th says, the Golos publishes a sensational letter stating that hundreds of bodies of those n who died of the plague at Astrachan in De d cember :emain still unburied, and the corpses are strewn over eight versts of the Enosta d jewsker district. is A gorge in the Missouri river at Glasgow Mo., destroyed a span of the railroad bridge as which was being built for the Chicago & Altor be railroad by the American Bridge company, O Chicago. The loss, which is $30,000 to $40,000 h falls on the bridge company. It would have 1been ready for use by March 1st. A London telegram of Feb 13th says to Sir. Stafford Northcote chancellor of the ex ce chequer, in the house of commons said it wa n. not desirable to exaggerate or depreciate the h. severe blow in South Africa. There exists e general admiration for the gallantry of th troops, and universal sympath for the suffer ne ers. The cabinet is resolved to repair and wipe out the disaster. hOf forty-five million dollars of frac he tional currency issued there remains outstand