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Bank of Spokane Has Suspended. PORTLAND, Oregon, June 5 - Private advices from Spokane, Washington, state that the Bank of Spokane has suspended. It was one of the smaller banks of Spokane. The bank has a paid-up capital of $150,000 and a surplus of $125,000. The embarras-ment is due to the tight money marker. President Cannon is a reputed millionaire.
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Spokane's Oldest Bank. SPOKANE. Wash., June 5.-The Bank of Spokane temporarily closed its doors this morning. The suspension caused no excitement. The bank is the oldest in the city and has a paid up capital of $150,000 and a surplus of $125,000. The embarrassment is due to the tightness of the money market. The bank has always been considered the strongest in eastern Washington. A. M. Cannon. president of the bank. has many large interests in this city and is reported to be a multi-millionaire. No statement of the bank's condition has yet been given.
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SUSPENSION AT SPOKANE. The Bank of Spokane, Oldest in the City, Closes Its Doors. SPOKANE, Wash., June 5.-The Bank of Spokane temporarily closed its doors this morning. The suspension caused no excitement. The bank is the oldest in the city, and has a paid up capital of $50,000, and a surplus of $125,000. The embarrassment is due to tightness of the money market. The bank has always been considered the strongest in eastern Washington. A. M. Cannon, president of the bank, has many large interests in this city and is reported a multo-millionaire. No statement of the bank's condition is yet given.
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BANKS IN TROUBLE. Runs on Some, and Some Close Their Doors. MADISON, Wis., June 5.-There was a small run on the First National bank today, but not enough to cause any great excitement. The bank's balance at the close of business Saturday showed $259,000 on hand to meet demands, and the officers of the bank are not at all alarmed. PORTLAND, June 5.-Private advices from Spokane, Wash., state that the Bank of Spokane, the oldest in the county, has suspended. It was one of the smaller banks of Spokane. MILWAUKEE, June 5.-There was a slight run on the South Side Savings bank this morning. It was a slight holdover from Saturday. By noon, however, whatever slight excitement there was had subsided. Cashier John B. Kooting stated that they expected no trouble; that they were taking advantage of the thirty-days rule, and that the bank was in a perfectly safe condition. NEW YORK, June .-The Shoe and Leather National bank gave notice that it would not clear for the Canal Street bank after tomorrow. This will make it necessary for the Canal Street bank to go into liquidation. Its deposits are about $450,000. WASHINGTON, June 5.-Comptroller Eckels was informed today that the Merchants' National Bank of Fort Worth, Tex., capital $250,000, failed today. The bank was closed on an order from the directors, and Bank Examiner Stone was placed in charge. SANDUSKY, O., June .-The doors of the Sandusky Savings Bank company, which closed Saturday night, and what was generally supposed to be one of the soundest and safest institutions of the city, were not opened this morning, but displayed the following announcement that it had been compelled to assign. The present trouble is ascribed directly to the heavy, though groundless, run that was made on the bank about ten weeks ago, and which it withstood successfully at that time, paying out upward of $60,000 within two days, when the run ceased as suddenly as it had begun. The available assets of the bank will aggregate fully $300,000, while the liabilities, at an outside estimate, are only $205,000, and it was for that reason that an assignment was decided upon rather than a receivership.
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Suspended Temporarily. SPOKANE, June 6. The Bank of Spokane temporarily closed its doors this morning. The suspension caused no exeitement. The bank is the oldest in the city and has a paid up capital of $150,000 and a surplus of $125,000. The bank has always been considered the strongest in Eastern Washington. A M. Cannon. the president of the bank. has many large interests in this city and is reported a multi-millionaire. No state ment of the bank's condition has yet been made. The embarrassment is due to the tightness of the money market.
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Merchant's National bank of Fort Worth, capital $250,000, failed to-day. The bank was closed on an order from the directors and Bank Examiner Stone was placed in charge. SANDUSKY, O., June 5.-The Sandusky Savings banks closed its doors this morning, owing to its inability to realize upon its securities. The depositors will be paid in full. PORTLAND, ORE., June 5.-Private advices from Spokane, Wash., state that the Bank of Spokane has suspended. It is one of the smaller banks of Spokane.
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Caused by the Bank of Spokane, PALOUSE, Wash., June 7. The First National bank of this city closed its doors this morning. The suspension in due to the failure of the Bank of Spo kaue. The bank has a capital and sur plus of $100,000 and deposite of about $300,000.
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GENERAL NEWS. Carter Harrison of Chicago kissed the hand of the Princess Eulalia. President Cleveland has appointed Charles W. Dayton postmaster of New York city. He is a Tammanyite. Senator J. W. Murphy who is slated for the position of revenue collector has become proprietor of the St. Charles Hotel, which was formerly the Pabst. The builder of the Wisconsin State House is about to attach it, unless a balance of $3,000 which he claims is due him is paid by Thursday of this week. The sum is forextra work and for losses sustained by delay in furnishing material. Bank failures for Monday: Bank of Spokane; Merchants National Bank of Texas; Shoe & Leather National Bank of New York. Runs were made on a number of Chicago banks on Monday. They kept their doors open late at night so as to accomodate depositors. A mob broke open the jail at Decatur, Ill., on Saturday last and took from it a negro who was charged with criminally assaulting two white women. The negro was lynched on the principal street of the town, Gov. Altgeld says he will have the perpetrators of the lynching punished to the full extent of the law. Three villains from Vermont crossed over into Canada on Saturday and at Beach Ridge entered a farm house, demanded and received what money the inmates had, then murdered the father mother and daughter and fired the house Officers started in pursuit of the murderers. The Homestead prosecutions have been stopped on both sides. The charges of murder against Frick, president of the Carnegie Company, and the Pinkerton detectives have been nolled. These proceedings were the result of a compromise, each side agreeing to drop all prosecutions growing out of the terrible strikes of last year.
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One evening during the latter part of last week Byron Smith made application to Shardlow & McDaniel to cash a check for $30, which appeared to be signed on the face by White & Leach, the butchers. Not having that much money to spare Mr. McDaniel advanced $20 on the check. supposing everything to be all right, as Smith had been buying cattle for the firm. That was the last seen of Smith for some days. The check proved to be a forgery and uttered by Smith, who had no authority to sign the name of White & Leach. Smith was traced to Pendleton and thence to Seattle, where Sheriff Simmons arrested him on Tuesday and brought bim to Yakima for trial. The prisoner's downfall is attributed to drinking and gambling, he having recently dissipated over one hundred dollars in this manner. In conformity with the Anderson railroad bill, the Northern Pacific has issued a revised tariff sheet reducing the rates on grain, flour, feed, millstuffs, flaxseed, potatoes and onions 41/2 cents on the 10J pounds to Portland, Tacoma and Seattle, making the rate 18 cents. The tariff on hay has been reduced from 17 to 141/2 cents per 100 to Tacoma and Seattle, and a proportionate reduction to all other points in the state. Ladies, your attention is called to the Shampooing, Hair Dressing, Facial Massage and Manicure rooms opened by Miss E. G. Dunning in the large Cadwell building, where she is prepared to wait on you, guaranteeing satisfaction. She is also agent for the celebrated cosmetics manufactured by Mrs. Gervais Graham, of Chicago. The financial stress combined with the thoughtless fear of depositors caused the Bank of Spokane, the Washington National, the Washington Savings bank and the Citizens National banks, of Spokane to close their doors this week. The banks are all solvent, but at a time when securities could not be quickly realized upon they could not withstand a coninued run. Owners of alfalfa fields are busy with their cutting, which is running unusually heavy and in many cases will average 3 tons to the acre. The heaviest cutting recorded for last year was by Mr. Fender, whose 7 acres averaged 33/4 tons at the last cutting. Alfalfa is quoted at $12.
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Bank of Spokane Suspends. PORTLAND, Ore., June 6.-Private advices from Spokane, Wash., state that the Bank of Spokane, the oldest in the city, has suspended. It was one of the smaller banks of Spokane.
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Miscellaneous Items. The Briggs case has cost $50,000. A Mussulman mosque is to be built in New York city. A system of electric roads is projected for the Indiana gas field. The Bank of Spokane, at Spokane, Wash., has suspended. The strike of coal miners in Kansas may extend to other states. The assets of the National Bank of Deposit are $1,100,000 and $938,000 is owing depositors. Revival meetings are being held at Leadville, Colo., in Loeb's dance house and gambling resort. A case of small pox was found on the steamer Umbria which arrived at New York. The Merchants' National bank at Fort Worth, Tex., has been closed by an examiner. The thirty-third annual convention of the United States Brewers' association met in Chicago recently A crank attempted to destroy the $75,000 painting, "The Fall of Babylon," on exhibition at New York. The establishment of a clearing house has been agreed on by the presidents of the Chicago terminal lines. Twenty-five hundred employes of the Standad Oil company struck at Whiting, Ind., for a nine-hour work day. The Sanger, Moody & Steel Stone company of Joliet, Ill., has assigned. The assets are said to be double the liabilities. Furniture manufactories of Cincinnati, some seventy in number, have shut .down, owing to the demand of their workmen for a nine-hour day. Bishop Joyce, of the M. E. church, was the guest of a colored minister at Holston, Tenn., and now a color line war is being waged against him. The American Bell Telephone company has been granted a preliminary injunetion against the McKeesport Telephone company for infringement of patent. The decision of the Briggs case caused the Rev. Dr. James Ecob of Albany, IN. Y., to withdraw from the Presbyterian church. he message of Gov. Brown proroguing the Rhode Island legislature has hope ignored by the Democratic members. Unless the revised agreement of the Western Passenger association is adopted by June 15 the Illinois Central will withdraw. The Catholic Knights of America were awarded $1,702.90 in the suit against the Fidelity and Casualty company of New York, ex-Treasurer O'Brien's bondsmen. Maj. Carl Brandt died at Mascoutah, Ill., and willed that his heart 'be sent to his mother in Germany. The heart has been returned with the request that it be buried with the body. The Austrian training ship Frundsberg is at New York and will remain about twenty-seven days, during which time the students will be taken in detachments to the world's fair. In her testimony in the Wilde vs. Wilde divorce suit Mrs. Frank Leshe Wilde said her young husband became intoxicated on their wedding night and remained drunk for a week. Joseph Rathbone & Co., lumber deale1s. Chicago, made a voluntary assignment. Assets are scheduled at $500,000. Inability to realize on commercial paper is given as the cause of the assignment.
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South and West. JOHN C. MINING, Town Treasurer of Fort Jennings, Ohio, has disappeared with $5000 cash, and an additional shortage of $10,000 has been discovered. WILD and unfounded rumors of impending financial disaster seaused a senseless run on many of the banks in Chicago. Those chiefly affected were the Prairie State National Bank, the State Bank of Commerce, the Hibernian Savings Bank, the Dime Savings Bank, the Union Trust Company's Bank and the Illinois Trust and Savings Bank. Meadoweroft Brothers, private bankers of Chicago, failed with liabilities estimated at $450000. THE Bank of Spokane, Washington, has failed. It is a private institution, owned by A. M. Cannon, who is reported to be worth $3,000,000. The Sandusky (Ohio) Savings Bank assigned, The Merchants' National Bank, of Fort Worth, Texas, capital $250,000, has failed. THE Infanta Eulalia reached Chicago from New York: much enthusiasm was shown by the crowds that lined the route from the railroad station to the hotel. A SKIFF containing Alexander McCloud and Robert Anderson was upset in a whirlpool at Boundary City, Wyoming. The men were drowned. SERGEANT O'LEARY, of the United States Army, was shot and mortally wounded by Private Roberts, in Fort Sherman, Idaho. Jealousy over promotion was the cause. THE New Albany (Ind.) Banking Company has suspended payment. MAYOR HARRISON. of Chicago, gave a breakfast and reception for the Infanta she was the guest of President Higinbotham, of the World's Fair Directory, in the evening. THE business portion of Fargo, North Da. kota, was destroyed by fire: 2200 people were rendered homeless. Loss, $2,000,000. FIRE broke out on Page street between Baker and Lyon streets. San Francisco, Cal., and in less than an hour a whole block had been totally consumed. Three firemen were instantly killed by falling walls. THE Princess Eulalia paid her first visit to the World's Fair, going to the grounds in the afternoon and again in the evening.
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South and West. THE Old Kentucky Home at the Chicago Fair Grounds was dedicated. It is the Blue Grass State Building and one of the most attractive in the grounds. Miss Enid Yandel's statue of Daniel Boone was unveiled. AT the Sisseton Agency, South Dakota, Miss Cynthia Rockwell, an Illinois teacher at Coodwill Mission. has married Richard King, an Indian, studying for the Presbyterian ministry. THE Plankinton Bank in Milwaukee, Wis., closed its doors. The bank had loaned $200,000 to F. A. Lappen & Co. and the Lappen Furniture Company, and this was the principal cause of its suspension. THE Victoria Cordage Company, Cincinnati, Ohio, members of the Cordage Trust, has assigned. Assets, $500,000 liabilities, $400,000. TORNADOES did great damage to property in Mississippi, Tennessee, Arkarcas and Kentucky. At Rosedale, Miss., W. L. Bawdre and wife were killed. IOWA Prohibitionists nominated a full State ticket. THE members of the graduating class at Annapolis (Md.) Naval Academy, forty-four in number, received their diplomas at the hands of Secretary Herbert. W. V. N. Powelson, of New York, received the honors of his class graduating No. 1. A RECEIVER was appointed at Charleston, W. Va., for the Norfolk and Western Railroad. DURING a heavy rain storm fire was discovered in a block on Farnumstreet, Omaha, Neb. The entire city Fire Department was called to the scene. A high wind was blowing. One of the walls fell on seven firemen. Five of them were instantly killed. WHILE a primary election was held in Bell County, Kentucky, by the Democratic party, excitement ran high, and in a fight at Pineville, the county seat, John Jones and Levi Hoskins were killed and two others were fatally injured. OWING to a storm less than 60,000 persons visited the World's Fair on the second Sunday opening. TWENTY-FIVE men walked into Decatur, Ill., a city of 22,000 people, and lynched Samuel Bush on the principal street without opposition. Bush was a colored man accused of assaulting two white women. AT Chicago, Ill., Herman Schaffner & Co., private bankers, made an assignment. Schaffner & Co. have been the largest private bankers in the Northwest, dealing exclusively in commercial paper. JOHN C. MINING, Town Treasurer of Fort Jennings, Ohio, has disappeared with $5000 cash. and an additional shortage of $10,000 has been discovered. WILD and unfounded rumors of impending financial disaster caused a senseless run on many of the banks in Chicago. Those chiefly affected were the Prairie State National Bank, the State Bank of Commerce, the Hibernian Savings Bank, the Dime Savings Bank, the Union Trust Company's Bank and the Illinois Trust and Savings Bank. Meadowcroft Brothers, private bankers of Chicago, failed with liabilities estimated at $450000. THE Bank of Spokane, Washington, has failed. It is a private institution, owned by A. M. Cannon, who is reported to be worth $3,000,000. The Sandusky (Ohio) Savings Bank assigned, The Merchants' National Bank, of Fort Worth, Texas, capital $250,000, has failed.
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South and West. THE Old Kentucky Home at the Chicago Fair Grounds was dedicated. It is the Blue Grass State Building and one of the most attractive in the grounds. Miss Enid Yandel's statue of Daniel Boone was unveiled. AT the Sisseton Agency, South Dakota, Miss Cynthia Rockwell, an Illinois teacher at Coodwill Mission, has married Richard King, an Indian, studying for the Presbyterian ministry. THE Plankinton Bank in Milwaukee, Wis., closed its doors. The bank had loaned $200,000 to F. A. Lappen & Co. and the Lappen Furniture Company, and this was the principal cause of its suspension. THE Victoria Cordage Company, Cincinnati, Ohio, members of the Cordage Trust, has assigned. Assets, $500,000; liabilities, $400,000. TORNADOES did great damage to property in Mississippi, Tennessee, Arkansas and Kentucky. At Rosedale, Miss., W. L. Bawdre and wife were killed. IOWA Prohibitionists nominated a full State ticket. THE members of the graduating class at Annapolis (Md.) Naval Academy, forty-four in number, received their diplomas at the hands of Secretary Herbert. W. V. N. Powelson, of New York, received the honors of his class graduating No. 1. A RECEIVER was appointed at Charleston. W. Va., for the Norfolk and Western Railroad. DURING a heavy rain storm fire was discovered in a block on Farnum street, Omaha, Neb. The entire city Firs Department was called to the scene. A high wind was blowing. One of the walls fell on seven firemen. Five of them were instantly killed. WHILE a primary election was held in Bell County, Kentucky, by the Democratic party, excitement ran high, and in a fight at Pineville, the county seat, John Jones and Levi Hoskins were killed and two others were fatally injured. OVING to a storm less than 60,000 persons visited the World's Fair on the second Sunday opening. TWENTY-FIVE men walked into Decatur, Ill., 8 city of 22,000 people, and lynched Samuel Bush on the principal street without opposition. Bush was a colored man accused of assaulting two white women. AT Chicago, Ill., Herman Schaffner & Co., private bankers. made an assignment. Schaffner & Co. have been the largest private bankers in the Northwest, dealing exclusively in commercial paper. JOHN C. MINING, Town Treasurer of Fort Jennings, Ohio, has disappeared with $5000 cash, and an additional shortage of $10,000 has been discovered. WILD and unfounded rumors of impending financial disaster caused a senseless run on many of the banks in Chicago. Those chiefly affected were the Prairie State National Bank, the State Bank of Commerce, the Hibernian Savings Bank, the Dime Savings Bank, the Union Trust Company's Bank and the Illinois Trust and Savings Bank. Meadoweroft Brothers, private bankers of Chicago, failed with liabilities estimated at $450000. THE Bank of Spokane, Washington, has failed. It is a private institution, owned by A. M. Cannon, who is reported to be worth $3,000,000. The Sandusky (Ohio) Savings Bank assigned, The Merchants' National Bank, of Fort Worth, Texas, capital $250,000, has failed.
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Miscellaneous Items. The Briggs case has cost $50,000. A Mussulman mosque is to be built in New York city. A system of electric roads is projected for the Indiana gas field. The Bank of Spokane, at Spokane, Wash., has suspended. The strike of coal miners in Kansas may extend to other states. The assets of the National Rank of Deposit are $1,100,000 and $938,000 is owing depositors. Revival meetings are being held at Leadville, Colo., in Loeb's dance house and gambling resort. A case of small pox was found on the steamer Umbria which arrived at New York. The Merchants' National bank at Fort Worth, Tex., has been closed by an examiner. The thirty-third annual convention of the United States Brewers' association met in Chicago recently. A crank attempted to destroy the $75,000 painting, "The Fall of Babylon," on exhibition at New York. The establishment of a clearing house has been agreed on by the presidents of the Chicago terminal lines. Twenty-five hundred employes of the Standad Oil company struck at Whiting, Ind., for a nine-hour work day. The Sanger, Moody & Steel Stone company of Joliet, III., has assigned. The assets are said to be double the liabilities. Furniture manufactories of Cincinnati, some seventy in number, have shut down, owing to the demand of their workmen for a nine-hour day. Bishop Joyce, of the M. E. church, was the guest of a colored minister at Holston, Tenn., and now a color line war is being waged against him. The American Bell Telephone company has been granted a preliminary injunetion against the McKeesport Telephone company for infringement of patent. The decision of the Briggs case caused the Rev. Dr. James Ecob of Albany, N. Y., to withdraw from the Presbyterian church. The message of Gov. Brown proroguing the Rhode Island legislature has heon ignored by the Democratic members. Unless the revised agreement of the Western Passenger association is adopted by June 15 the Illiuois Central will withdraw. The Catholic Knights of America were awarded $1,702.90 in the suit against the Fidelity and Casualty company of New York, ex-Treasurer O'Brien's bonds men. Maj. Carl Brandt died at Mascoutah, Ill., and willed that bis heart be sent to his mother in Germany. The heart has been returned with the request that it be buried with the body. The Austrian training ship Frunds berg is at New York and will remain about twenty-seven days, during which time the students will be taken in detachments to the world's fair. In her testimony in the Wilde vs. Wilde divorce suit Mrs. Frank Leshe Wilde said her young husband becaue intoxicated on their wedding night and remained drunk for a week. Joseph Rathbone & Co., lumber dealels. Chicago. made a voluntary assignnient. Assets are scheduled at $500,000. Inability to realize on commercial paper is given as the cause of the w signment. GRADUATED. St. Paul, Special-Yesterday afternoon terminated the scholastic career of the E sixteen members included in the gradu: ating class of Hamline university. This was the largest class ever graduated from The I on $ s A. W. of the Tuckey, W. arts W. university. was Barnum, conferred Dimond. G. E. degree Maxwell, The J. of C. degree bachelor Handy, E. N. of ) bachelor of philosophy was conferred on I W.L. Bonney, G. B. Johnson, 0. P.
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NEW SUIT FOR $3000 ASKED Make Second Effort to Obtain Fund for Cannon Heirs. Motion for new trial filed perior court Wednesday suit brought Harry Rich, administrator of the estates of Jennie and Anthony M. Cannon, Spokane neers, in effort have approximately $3000, unclaimed from the liquidation the old Bank of Spokane turned over to heirs. Judge Lindsley ruled Monday that the money, previous court order, had been placed in trust for bank depositors and under circumstances could turned over to the heirs. He ordered the money held County Clerk Frank Nash until for Eventually, not claimed, the cash would to the state for school fund, Judge Lindsley creed. Rich, in seeking new trial, alleges the money originally derived from sale property owned by the Cannons The Bank of Spokane private concern owned by the failed following the panic of 1893.