Article Text
HEINZE'S BANK CLOSES DOWN BUTTE. Oct. 17.-The State Savings bank of uBtte, in which Heinze is largely interested. closed its doors today. A run was precipitated because of stories of Heinze's copper fight in Wall st.
State Savings Bank (Butte, MT)
Episode Information
- Episode UID
2212933991294- Episode Type
- Run → Suspension → Reopening
- Bank Type
- savings
- Bank ID
-
221293399hash - Start Date
- October 17, 1907
- Location
- Butte, Montana (46.004, -112.535)
Metadata
- Model
- gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
- Short Digest
fee25c1e5ba57ef4
Response Measures
None
Events (5)
1.
October 17, 1907
Run
- Cause
- Bank Specific Adverse Info
- Cause Details
- Run triggered by failures/troubles of Heinze brokerage firms and publicity about F. A. Heinze's financial troubles
- Measures
- Bank anticipated heavy withdrawals; directors availed themselves of the thirty days privilege and closed doors (suspended)
- Newspaper Excerpt
- A run was precipitated because of stories of Heinze's copper fight in Wall st.
- Source
- newspapers
2.
October 17, 1907
Suspension
- Cause
- Bank Specific Adverse Info
- Cause Details
- Directors suspended because of anticipated excessive demands stemming from Heinze-related failures and shortage of currency
- Newspaper Excerpt
- Because of unsettled conditions and rumors that cannot be verified...and owing to a shortage of currency...the management has deemed it advisable in the interest of all depositors to suspend for the time being. The bank is solvent.
- Source
- newspapers
3.
December 28, 1907
Other
- Newspaper Excerpt
- Court continued hearing on receivership, conditioned on Heinze depositing $250,000 or receiver appointed March 2 (legal proceedings).
- Source
- newspapers
4.
January 24, 1908
Other
- Newspaper Excerpt
- Loan of $200,000 approved to enable the institution to resume business (court/loan action).
- Source
- newspapers
5.
February 15, 1908
Reopening
- Newspaper Excerpt
- The State Savings bank ... which closed last October, resumed business today. The petition for a receiver ... was dismissed. F. A. Heinze has retired from the board of directors.
- Source
- newspapers
Newspaper Articles (25)
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SAVINGS BANK SUSPENDS. Owes Its Depositors Over Four Million Dollars. New York, Oct 17.-A dispatch from Butte, Mont. says that the State Savings bank has temporarily suspended. This bank. according to a recent statement, owed depositors over $4,500,000. Although a savings bank it transacted a general banking business.
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Run on a Butte Bank. HELENA, Mon., October 17.-A special from Butte says that because of the suspension of what are known as the Heinze brokerage firms in New York, a run was started today on the State Savings Bank, in which Heinze is the leading stockholder and a director, and that bank, availing itself of the thirty days privilege, closed its doors. None of the other banks, It is said, are affected. They experienced no runs. The tenosits of the bank are in the vicinity of $3,500,000, and of the savings department about $1,250,000. The latter largely from the working people of Butte. The state has about $75,000 of state funds in the bank.
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Butte, Mont. Oct. 17.-The state savings bank, of Butte, in which Heinze is largely interested, closed its doors today. A run was precipitated because of the stories of Heinze's copper fight. in Wall street.
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NEW YORK CAUSES FAILURE ON STATE BANK. SAVINGS SOLVENT INSTITUTION of at Currency Securing Impossibility for the Once Cause Suspension in in 60 Be Can Full Paid positors in days Charge. Examiner Gazette.) Savings (Special to The State Butte, with Oct. deposits 17 The of $4,125,000 to the state Of ac examiner, bank, cording to closed its that statement 'ts it will doors resume that today. the busi- inin the solvent and ficials state near future, that every mornstitution ness will is be paid in usual full this creditor The bank opened There was constant- a large ly. be would ing at waiting, 10 o'clock. which grew funds on hand insufficient crowd Realizing that the to meet the de- deChapin President was which the termined mand, Vice to following close the notice bank, being postbe ed in done, the News window: Spread unsettled Rapidly. conditions verified, "Because of cannot excessive demands rumors, which unusual and owing to and and because of and inability the shortabeditional by depositors, of currency currency which and may imme- be to secure demands deemed it diately to pay management interests has of all de- be made, the in the for the time advisable, positors, to suspend is solvent." closed ing. The bank that the bank like had rapidity spread The news with lightning in front of Considering the instituand the throng a rapid rate. conditions, the tion the circumstances grew at orderly and and undemonstra cries decrowd was were occasional F. Augustus tive. There revenge on Largey, who manding and M. Sellars controlling these inhave Heinze recently acquired bank. However, finding no in the response down. terest threats in came the to naught people, and soor gied at the Crowd Peaceable. duty lone policeman difficulty on in maintain- Chapin corner A had no Vice President was bank it ing order. statement that creditors the will be made a and that all was the intention future and solvent paid in full, business that in the near is only to resume that the embarrassment temporary. fact the by caused brokHeinze The run was the so-called had made an erage that one firms of in and New the announcement Heinze & was Co assignment that Otto There this had morning suspended business. deposits from who the was in rush to draw which Heinze, was stitution a to of have reduction been crushed, of the cop reported head. The here and the reduction to with per the production of men employed, effect on of the number the depressing created a most gether institutions on has the part of to many, the alarming other feeling was confined soley there wers of a city. no signs of the Butte but the Savings run failure bank or and a rush on the other banks Condition of the Bank. bank shows sur it statement stock of of $300,00, a capital and has The a like amount which if undivided available plus of a $250,000, emergenprofits relieve any has capital this would of bank also ordinary whether liabil- not could The $300,000, but instantly is ities of upon the bank and cy. known. be The relied Largey, officers president; of manager E. are P Chapin, M. Sellars vice president vice president; F. A. Heinze, R. B. Ed. closed Nuckols, C. R. Hickeg Leonard, J. and H. Curtis, E. P. Chapir. direct the di because would rectors disastrous It ors. The bank anticipated was a run, which to the finan ex was cial in time welfare prove of in the event city. of a run to pay the plained that be in position tight con off of money of New bank all would demands. not and The rather the York failure entered and of the conclusion the Otto dition general Heinze air & of Co. uncertainty of the directors bank 60 to is solvent days. into close. the It and is will stated pay that out inside of Heinze. the Co. Largey and owe dollar Debte of & did not Heinze is Otto Heinge and F. Augustus which bank a it less than Mr. $300,000, Largey, the that presi he dent, could easily pay. owes amply owes secured. it about $7,500 and about on hand to $800,000, The $3,000,000. bank and its holds deposits There of this amount are number about the about depositors and depositors, 6,000 are commercial savings of workingmen announce that of the others women. being The directors with the buildnew bank and they will proceed which is nearing
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Sensations Follow Each Other in Financial District in New York. HEINZE RESIGNS FROM BANK The Failure of Haller Zehle & Co., Prominent Brokers of Hamburg is Announced With Liabilities Placed at 7,000,000-Atmosphere Partly Cleared. NEW YORK, Oct. 17.-Sensations followed each other in rapid succession in the financial district today as a result of the collapse of a projected corner in United Copper and the suspension of a prominent brokerage firm yesterday. The firm of Otto Heinze & Co., was suspended from the stock exchange and F. Augustus Heinze the Butte copper magnate resigned the presidency of the Commercial National Bank of New York. The Amalgamated Copper Company, at its directors' meeting cut its quarterly dividend from 2 per cent to 1 per cent. The directors of the Boston & Montana Company declared a quarterly dividend of $6 in place of the former dividend of $12. The failure of Haller Zehle & Co., prominent brokers of Hamburg, with liabilities that may reach $7,000,000 was announced. The State Savings Bank of Butte, Mont, of which the Heinzes are principal stockholders, suspended. As a result of these sensations the stock market was halting and irregular but there was apparent feeling that the break of the attempted corner in United Copper had cleared the atmosphere somewhat and the market rallied before the close. The suspension of Otto Heinze & Co, of which firm Max M. Schultze is the stock exchange member was based on a complaint to the exchange by Gross & Kleeburg who failed yesterday. This firm charged Heinze & Co., with the refusal to accept 3211 shares of United Copper said to have been bought on the order of Heinze firm. This act, Gross & Kleeberg state was responsible for their failure. Attorneys for this firm stated today that the amount owing to the i firm from the Heinze firm aggregates $600,000. The Heinze firm announced chat it is perfectly solvent and that all legal obligations will be met. Attorneys say that the suspension by the Stock Exchange was accepted by the firm in order to give the latter time to sift its legal obligations from the enormous claims which have been made against it which it is alleged they are not legally obliged to pay. The resignation of F. A. Heinze from the presidency of the Mercantile National Bank, it is said, was decided on at a midnight meetting at the home of C. W. Morse, who is largely interested in the bank. It 1 was announced this morning Heinze at the same time giving out a statement in which he said that his resignation was
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Failures Are Widespread HOUSTON, Texas, October 18.-A private bank closed its doors here yesterday, its liabilities being two million dollars. NEW YORK, October 17.-The Otto Heinze Company of brokers today suspended business. F. Augustus Heinze has resigned the presidency. The Mercantile National Bank and Haller Sochle Company, bankers of Hamburg, Germany, have failed, and the State Savings Bank, of Butte, Montana, has suspended, all as a result of the unprecedented slump in copper. HAMBURG, October 18.-The firm of Haller Sochle has failed for seven millions.
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SAVINGS BANK CARRIED DOWN Butte Institution Closes Its Doors on Account of the Troubles of the Heinzes. RESUMPTION IS EXPECTED SIX THOUSAND DEPOSITORS, MOSTLY WORKINGMEN. Butte, Mont., Oct. 17.-The State Savings bank of Butte, one of the largest institutions of the kind in Montana, closed its doors shortly after 10 o'clock this morning. This proceeding was the result of a meeting of the directors, who posted this notice on the door: "Because of unsettled conditions and rumors that cannot be verified that may cause unusual and excessive demands by depositors and owing to a shortage of currency and inability to secure additional currency immediately with which to pay demands which may be made, the management has deemed it advisable in the interest of all depositors to suspend for the time being. The bank is solvent." Anticipated a Run. There was no demonstration and less than 100 persons congregated in front of the bank at any time today. The bank was closed because the directors anticipated a run, which would at this time prove disastrous to the financial welfare of the city. It was explained that in the event of a run the bank would not be in position to pay out all demands, no more so than any other bank doing business in the city. The rather tight condition of money, the failure of Otto Heinze & Co., of New York and the general air of uncertainty pervading the country entered into the conclusion of the directors to close. It is stated that the bank is solvent and will pay out inside of sixty days. Heinze Owes $300,000. Otto Heinze & Co. did not owe the bank a dollar and F. A. Heinze owes it less than $300,000, which is amply secured. Mr. Largey, the president, owes it about $7,500, and he is able to pay many more times than that amount. The bank holds on hand about $300,000, and its deposits amount to about $3,000,000. There are about 6,000 depositors and of this number 575 are commercial deposits. The others are savings of workingmen and women. The directors announce that they will proceed with the building of the new bank. which is nearing completion and which will cost about $200,000. State Examiner Collins will take charge of the bank tomorrow.
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EXAMINER IN CHARGE OF BUTTE BANK Depositors, Mostly Working People, Remain Optimistic Despite, Difficulties of Heinze Institution. By Morning Journal Special Leased Wire.] Helena, Mont., Oct. 18.-According to long distance telephone messages to the Associated Press from Butte, received tonight, there has been practically no developments in the State Savings bank situation there today. State Bank Examiner Collins today assumed charge of the situation, and after making a hurried inspection of the books announced that from the figures at hand, the bank is in a better condition than when it submitted its last quarterly report to him. The whole question, however, is said to depend upon the value of the collateral which the Institution holds on outstanding loans. The depositors, who principally are working men and women, were cheerful today over the outlook Examiner Collins is making a thorough investigation of the bank's books and willMater make a statement to the depositors. The Silver Bow National bank. which is also controlled by F. A Heinze, is said to be safe and will not be involved in the copper magnate's financial difficulties There was no sign of a run on this institution today. The officers of the State Savings bank tonight refused to make any statement. saying that the bank is now in the hands of the state examiner. and that any official statement given out must come from him.
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BUTTE BANK HAS CLOSED ITS DOO Fear of Run on Institution Ca One of the Strongest Banks Montana to Close up. The Statement is Made That the is Solvent and That the 6,000 positors WIII Receive Their Money Within the Next Sixty Days. Butte.-The Stats Savings bank Butte, one of the largest institut of the kind in Moutana, which generally spoken of as the He bank, closed its doors shortly 10 o'clock Thursday morning. proceeding was the result of a ing of the directors, who posted notice on the door: "Because of unsettled rumors cannot be verified that may unusual and excessive demands by positors, and owing to a shortage currency and inability to secure ditional currency immediately which to pay demands which may made, the management has decide advisable in the interests of all de itors to suspend for the time bei The bank is solvent." It is stated that the bank is vent and will pay out inside of days. Otto Heinze & Co. did not the bank a dollar, and F. A. Hei owes it less than $300,000, which amply secured. Mr. Largey, pr dent, owes it about $7,500, and he able to pay many times that amou The bank holds on hand about 000, and its deposits amount to ab $3,000,000. There are about 6,000 positors, and of this number 575 commercial deposits; the others savings of working men and women The directors announce that will proceed with the building of new bank, which is nearing com tion, and which will cost $200, State Examiner Collins will charge of the bank.
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Butte Bank in Trouble Helena, Mont. Oct. M.-A long distance telephone message from Butte says two applications were made in court yesterday for the appointment of receivers for the State Savings bank. which closed its doors last week. State Bank Examiner Collins gave out a reassuring statement, which Intimated that a movement is on foot looking to the reopening of the bank.
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Stuyvesant Fish has secured a temporary injunction to prevent E. H. Harriman voting stock controlled by him in the Illinois Central Railroad company on the ground that state laws prevent one railroad company owning stock in another. Hampton G. Westcom testified at the hearing of the federal suit against the Standard Oil company that the company found it "expedient" to sell much of their product through socalled independent companies that were really owned and operated by the Standard. The Commercial Telegraphers by a referendum vote have declared their intention to continue the strike. A difference of opinion has arisen in Porto Rico between the insular authorities and officers of the United States courts over the payment of the expenses of the latter. The Wall street stock market was recently thrown into turmoil by the collapse of prices of United copper company stock. The stock dropped from $50 to $10 in one day. Two large brokerage firms suspended and F. A. Heinze was compelled to resign from the presidency of the Mercantile bank of New York. A meeting between King Edward of England and the czar of Russia is to take place at Copenhagen. The passing of sentence on the Santa Fe railroad convicted of rebating at Los Angeles, Cal., has been postponed until November 4. The executive committee of the National Telegraphers' union has suspended S. J. Small as president of the organization. The stock market of Montreal, Canada, was recently thrown into a panic by the passing of the quarterly dividend of the Detroit United Street Railway company, most of the stock of which is held in that city. The Nebraska railway commission has issued an order limiting the speed of trains on the Missouri Pacific in that state to 25 miles an hour until the roadbed has been repaired. Five persons, two men and three women, have been arrested in Joplin, Mo., suspected of blowing up the News-Herald printing plant with dy. namite. The last Indian pow-wow was recently held in Collinaville, I. T. Geronimo, the old Apache chief, was tife principal figure. J. N. Sapp has employed counsel to aid in the prosecution of S. F. Whitlow, charged with the murder of May Sapp at Moran. Kan. A dollar a bushel was recently offered for wheat at Arkansas City, Kan. By a cave-in in the ballast quarries of the Mexican Central railroad at Victoria 16 laborers were killed and 11 others fatally injured. The trial of George A. Pettibone, charged with complicity in the assassination of ex-Gov. Steunenberg, of Idaho, is set for October 28 at Boise. The failure of Haller, Sochle & Co., an old banking house of Hamburg, Germany, has been announced. The liabilities are estimated at $7,000,000. Commercial business between Glace bay, N. 8., and Clifden, Ireland, is now being accepted by the Marconi Wireless Telegraph company. The first carload of buffalo from the New York gardens have been turned loose in the government reserve in the Indian territory. Interstate Commerce Commissioner Lane is authority for the statement that the Southern Pacific railroad has continued to give rebates to shippers in deflance of the Hepburn law. The facts will be laid before the department of justice. Attorney General Hadley of Missouri has given an opinion in which he holds that the state railroad commissioners have the power to reduce the rates charged by express companies in that state. The Santa Fe Railroad company has announced a voluntary raise in salary to all telegraph operators in the emplov of the company. Fifty persons were killed and 600 injured and every building in the town of Fontinet, Ind., was wrecked recently by the explosion of the Dupont Pow. der company's works there. The shock of the explosion was felt 200 miles away and buildings two miles distant were destroyed and the occupants injured. Judgment has been entered in the St. Louis courts against John Morton, a Joplin, Mo., mining promoter, for $537,030.22. He was charged with selling a "paper" mine in the zinc district. The State Savings bank of Butte, Mont., in which F. Augustus Heinze is the principal stockholder, closed its doors on account of a run caused by the failure of Heinze brokerage firms in New York. The farmers and their wives from all parts of the country to the number of 3,000 attended the National Farm.
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by . voting stock controlled Railroad Harriman the Illinois Central laws him in the ground that state owning be company prevent one on railroad company stock in another. G. Westcom testified against at Hampton of the federal suit the the hearing Oil company that sell II the Standard found it "expedient" socalled to company of their product through were realmuch companies that Standard. independent and operated by the by a ly owned Commercial relegraphers their d The vote have declared strike. referendum to continue the is intention of opinion has arisen auto A difference Rico between the insular United 1. in Porto and officers of the of the States thorities courts over the payment i. Sexpenses Wall of the street latter. stock market was the e. The thrown into turmoil by copper recently of prices of United dropped in collapse stock The stock large z. company to $10 in one day. Two F A. k from $50 firms suspended and from , brokerage was compelled to resign bank the presidency Heinze of the Mercantile S n if of A New meeting York and between the ezar King of Edward Russia of 19 the to England take place at Copenhagen on passing of sentence rebatg The Fe railroad convicted of been Santa Los Angeles. Cal., has 8 ing at until November 4. . postponed executive committee of has the Na. The Telegraphers' union of the pended tional S. J. Small as president organization. market of Montreal, panic CanThe stock recently thrown into a diviada. was passing of the quarterly Street Rallby the the Detroit United stock of dend of company. most of the way is held in that city. which Nebraska railway commission the The an order limiting Pacific has issued of trains on the Missouri until speed state to 25 miles an hour three the in that roadbed has been repaired. and persons. two men Joplin. Five have been arrested in the women. suspected of blowing with up dyNews-Herald Mo., printing plant renamite. last Indian pow-wow was T. GeThe held in Collinsville, I. the cently ronimo, the old Apache chief. was principal Sapp figure. has employed counsel Whit- to J. N. the prosecution of S. F. May S aid low. in charged with the murder of . I Sapp at Moran. a bushel Kan. was recently of t A dollar for wheat at Arkansas City, Kan. a fered cave-in in the ballast quarries at f By a Mexican Central railroad and t of Victoria the 16 laborers were killed 11 others fatally injured. trial of George A. Pettibone, 1 The with complicity in the assas of charged of ex-Gov. Steunenberg. Boise. sination is set for October 28 at & Co., 1 Idaho, failure of Haller, Sochle 1 The banking house of Hamburg. The S an old has been announced. a Germany, are estimated at $7,000,000. Glace liabilities Commercial business between is now S., and Chidden, Ireland, Wire} bay. being N. accepted by the Marconi I less Telegraph company. 1 first carload of buffalo from turned the The York gardens have been the loose New in the government reserve in Indian territory. Commerce Commissioner Interstate authority for the statement has Lane is Southern Pacific railroad that the to give rebates to shippers The continued of the Hepburn law. in facts defiance will be laid before the department of justice. General Hadley of which Missou- he Attorney given an opinion in ri has that the state railroad commis- the holds have the power to reduce in that state. sioners rates charged by express companies Santa Fe Railroad company salary has The a voluntary raise in emannounced to all telegraph operators in the of the company. ploy persons were killed and town 600 Fifty and every building in the recentinjured Ind., was wrecked Powof Fontinet, the explosion of the Dupont shock ly by company's works there. The miles der explosion was felt 200 distant of the and buildings two miles inaway were destroyed and the occupants jured. has been entered in the St. a Judgment courts against John Morton, for Louis Mo., mining promoter, with Joplin, $537,030.22 He was charged disselling a "paper" mine in the zinc trict. State Savings bank of Butte, is The in which F. Augustus closed Heinze its Mont.. principal stockholder, by the account of a run caused firms doors the failure on of Heinze brokerage in The New farmers York. and their wives from
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MONTANA NOTES. Isaac H. Morrison, a pioneer printer and Publisher of Montana, died recently at his ranch near Helena. Of late years Mr. Morrison had beeen prominently identified with mining interests. If a ruling made by the court in the trial of Theodore Canteloni, charged with the murder of Mollie Quinn, which opened Saturday morning, is sustained by the supreme court of the state, the death penalty is practically abolished in Montana. The court ruled that a juror who was opposed to the death penalty might sit on the jury, over the contention of the state that the law excluded him, and overruled the state's challenge to prevent his sitting. Ed Murphy and George Howard have been sentenced at Butte to seven years in the penitentiary on their plea of guilty of highway robbery. The men are both young and their crime was the attempted robbery of a sub postoffice and the shooting of Mrs. Rago, the postmistress, through the arm. Acting Governor Norris has appointed the following persons to represent Montana at the 10th annual convention of the American mining congress at Joplin, Mo., November 11-16; William Walsh, Helena; W. B. Orem, Butte; W. R. Allen, Anaconda; C. S. Muffly, Winston; H. M. Rae, Gilt Edge; E. B. Howell, Butte; C. E. Newman, Helena; J. L. Templeman, Butte; Harry H. Armstead, Polaris; Emerson Hill, Bedrock. Application for the appointment of a receiver for the State Savings bank, the Butte financial house of F. Augustus Heinze, by George Dodson, was brought before Judge Bouquin and continued until after the hearing of the petition of the state in the same matter November 15. The Royal Milling company, the big grain buying company in Montana for.
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HEINZE CAN SAVE IT. With $250,000 He Can Prevent a Receivership. Butte, Mont., Dec. 28.-District Judge George M. Bourquin has continued the hearing for the appointment of a receivership for the State Savings bank to January 16, with the condition that F. Augustus Heinze deposit to the credit of the bank $250,000 and M. S. Largey, president of the institution, $75,000. These sums are rated on the stock held in the State Savings bank by the two gentlemen. Judge Bourquin announced that if the bank was not ready to resume January 16, he would wait until March 2, when he would appoint a receiver.
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HEINZE WILL HAVE TO HURRY COURT SAYS HE MUST DEPOSIT $250,000 IN BANK BY MARCH 2. BUTTE, Dec. 28.--In: the district court late yesterday, F. Augustus Heinze was given until March 2. to get the affairs of the State Savings bank in condition to open and operate the bank. Unless he does so by that time the court will appoint a receiver. To do this Heinze must raise $250.000 and deposit it to the credit of the bank.
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Matters of the Heinze Montana Savings Bank Butte, Mont., Dec. 28.-District Judge George M. Bourquin has continued the matter of the receivership for the State Savings bank, the financial institution in Montana of F. Augustus Heinze, until March 2, on condition that Heinze places a quarter million to the credit of the bank. If the money is not deposited the bank will not open for business on March 2: then It must liquidate. The State Savings bank suspended payment following the failure of Otto Heinze & Company in New York recently.
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Gives Heinze Time to Pay Up. Butte, Mont., Dec. 30.-District Judge George M. Bourquin has continued the hearing for the appointment of a receiver for the State Savings Bank to January 16, with the condition that F. Augustus Heinze deposit to the credit of the bank $250,000 and M. S. Largey, president of the institution, $75,000. These sums are rated on the stock held in the State Savings Bank by the two gentlemen. Judge Bourquin stated that if the bank was not ready to resume business January 16 he would wait until March 2, when he would appoint a receiver.
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Judge Approves Loan. Butte, Mont., Jan. 24. -District Judge George M. Bourquint has approved a loan of $200,000 by Edward Creighton largely to the state savings bank to enable the institution to resume business. Mr Larget who is the son of the founder of the bank accepts as security the building recently erected by the bank for its new home. The state savings bank was F. Augustus Heinze's financial institution in some Montana which suspended months ago.
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in the attempted robbery of the postoffice at Pendleton. Ore., are now under arrest there. Who the men are the officers refuse to say, but it is understood they are transients and were arrested yesterday in the belief that they were connected with the attempted burglary. Rather than see the State Savings bank at Butte, Mont., go into the hands of a receiver because of the failure of F. A. Heinze to pay in $250,000 and required by the court, Edward Creighton Largey, the youngest son of Mrs. Lulu Largey-Catron, offered to loan the bank $200,000 which was accepted by the court. The North Yakima city council has passed a resolution of intention to pave 32 of its main business streets, covering a distance of two miles, with vitrified brick. A sharp contest between two leading paving companies of the coast has been in progress for two weeks. The estimated cost of this pavement is $245,000. Samuel Stewart, wanted by the Helena officers for passing bogus checks, has been arrested at Butte just as he was about to leave the county jail, where he had been confined on a charge of attempting to pass a fraudulent check for $120. Stewart had been released for want of prosecution, when it was learned he was wanted in Helena. Numerous blunders are coming to light in the new state "Booster" book just issued by Secretary of State Nicholls. It has been discovered that in addition to fixing the population of Spokane at 80,000 instead of 90,000, as he had promised, the towns of Sprague, in Lincoln county, and Blaine, in Whatcom county, are entirely omitted, I:0 mention of them being made in any way.
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It was announced at an alumni banof the organs and functions of quet in New York that $50,000 needed same, and of their conditions in to obtain the gift of $50,000 by Andrew, and the causes and symptoms Carnegie for the Illinois college at Jacksonville, III, had been raised. one has said that foundation All the missing passengers and crew rs of any business are lands, capi of the steamer Amsterdam were taken and labor, to this add "brains" into port at Hook of Holland by the Norwegian steamer Songa the poultry industry. In the poulDistrict Judge George M. Bourquin industry less of the first three inat Butte, Mont, approved a loan of are required than in any $200,000 by Edward Creighton Largey business for a start, but you to the State Savings bank, a suspendfind use for all you have of the ed Heinze institution, to resume busicommodity. E. L. DOAK. ness. ennessee. The will of Mrs. Lydia Bradley, who died at Peoria, III., leaves $4,000,000 to the Bradley Polytechnic institute, affiliated with the University of Chihieves in New Orleans held up a cago, and only $5,000 to heirs and States mail wagon and were others. to have secured about $5,000. Three valuable miniatures of the L. Thomas, a freight broker duchess of Fife, the queen of Norway New York city, and L. B. Taggart, and Princess Victoria, all belonging clerk, pleaded guilty in the United to Queen Alexandra, were stolen by district court at Kansas City, burglars from the studio of an enthe charge of conspiring to pay graver in London. to shippers. Judge Smith Turle Nordstrom, wanted in ChicaPherson then fined Thomas $7,000 go for passing a forged check amountTaggart $4,000. ing to $15,000. was arrested at Mayhe Central hotel at Pontiac, III., port, Fla., on board a yacht which he destroyed by fire, the guests eshad purchased at Brunswick, Ga. in their night clothes. Several hundred men were clubbed he greater part of two business by the Chicago police and a number in Madison, III., was burned, were more or less seriously hurt in loss being over $100,000. the loop district when 200 uniformed he Haytian revolution has been patrolmen and detectives charged an pressed. Jean Jumeau, the leader "army of the unemployed" in efforts the movement, was captured at to disperse them. The "army" was salines, and was at once shot to marching toward the city hall to deby the government troops. mand work. It was finally disrupted. aives has been occupied by a govFrank J. Constantine, who killed force. Mrs. Louise Gentry in Chicago and Believing that a restoration of the who attempted suicide in the Joliet passenger rate law in North Caropenitentiary by throwing himself from will prevent the reduction ex3. gallery, died. In their salaries, the emSeveral severe earthquake shocks of the combined railroads of terrified the inhabitants of towns in state will petition the legislature Calabria, Italy, and did great damage repeal the present 2½ cent per to buildings. law. An attempt to overthrow the monCapt. Charles F. Brown, aged 74, archy and proclaim Portugal a repubwar veteran and well known minlic was nipped in the bud by the logist, died in a St. Louis hosprompt action of the government. The a pauper, plot was organized by a small group of The Minnesota board of pardons advanced republicans, the leaders of mmuted to life imprisonment the whom were arrested. The plan was to of Merton S. Munn, who assassinate Premier Franco and then to have been hanged at Bemidji depend for success upon street risings, February 7 for the murder of Ausupported by secret, republican and Franklin. labor organizations, armed with bombs fire which caused a property damand revolvers. of $1,000,000 destroyed the city Believing that his illness would reand police buildings in Portland, sult fatally, John Fetter. aged 73 years, and endangered the lives of more of South Bethlehem. Pa, confessed 700 persons. that he murdered his daughter, Ella Andrew Jackson Detsch, who was Fetter, aged 39 years, in November, with murdering Harry Ferree 1894. a boarding house in Philadelphia, Fire at Deer River, Minn., destroyed acquitted on his plea that he a block and a half of the business Ferree was a burgiar. The portion of the town, causing loss es asserted Detsch had discovered timated at $100,000. intrigue between his wife and FerMrs. Henry A. Alexander, daughter but be denied this. of the late Gen. Joseph T. Torrence Emily Yznaga, mother of the dowof Chicago eloped from Hyeres, duchess of Manchester and of France, with William Graham BlakesLister-Kaye of England, died at ton, an Englishman. Miss. The Baltimore & Ohio railroad cut After administering a huge dose of all salaries of officers and employes udanum to her young son Kenneth, eceiving $150 a month and over. George Stetson of Burlington, drank the remainder of the vial
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SAVINGS BANK OPENS AFTER SUSPENSION Montana Institution Has Many Depositors on First Day of Opening. Butte, Mont., Feb. 15.-The State Savings bank which closed last October, resumed business today. The petition for a receiver which was pending in court was dismissed and F. A. Heinze has retired from the board of directors, There was no run when the institution opened its doors this morning and many new depositors opened accounts.
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BUTTE SAVINGS BANK RESUMES Institution Which Closed Last Octo. ber Reopens for Business-Heinze Deposed. Butte, Mont., Feb. 15.-The State Savings Bank of Butte, which closed its doors last October, today resumed business. The petition for a receiver pending in the district court was dis. missed. F. A. Heinze has retired from the board of directors. There was no run and many persons opened new accounts.
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State Bank Resumes. Butte, Mont., Feb. 15.-The State Savings bank, which closed its doors last October, today resumed business. The petition for a receiver pending in the court was dismissed. F. A. Heinze has retired from the board. There was no run and many depositors opened accounts.
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Butte Bank Resumes. Butte, Mont., Feb. 17.-The State bank, which closed its doors last October, has resumed and a petition for a receiver, long pending in the local courts, was dismissed. F. A. Heinze has retired from the board. There was no run and many new depositors took up accounts.