732d0806None
Click image to open full size in new tab
More Banks in Trouble. Hudson, Wis., August 17.-The bank of River Falls and the Bank of Ellsworth have suspended. Sheboygan, Wis., August 17-The Forest Venner Sealing company has assigned. Liabilities $100,000. Cleveland, Ohio, August 17.-The Cardington Banking company has suspended.
Click image to open full size in new tab
WISCONSIN FAILURES. Chair Seating Firm and two Banks Suspend. Sheboygan, Wis., Aug. 17.-The Frost Veneer-Seating Company of this city assigned. Assets, $300,000; liabilities, $100,000.' The assignee will continue business. TWO WISCONSIN BANKS CLOSE. Hudson, Wis., Aug. 17.-The Bank of River Falls, Wis., suspended yesterday. The statement for July 1 showed assets as $325,526, with liabilities at $284,000. The Bank of Ellsworth, at Ellsworth, Wis., has closed. The statement for July 1 showed assets $116,737, with liabilities $86,000. The stockholders of both banks are largely the same. It is believed they will reorganize. DUBUQUE RECORDS ITS FIRST BANK FAILURE. Dubuque, Iowa, Aug. 17.-The First National bank of this city suspended this morning. It was one of the oldest institutions in this city, and had a capital of $200,000. This is the first failure in Dubuque since the financial trouble began.
Click image to open full size in new tab
BANKS FORCED TO SHUT DOWN. MANY SUSPENSIONS IN WESTERN STATES-AN IOWA NATIONAL BANK CLOSED. Dubuque, Iowa, Aug. 17.-The First National Bank of this city suspended this morning. It was one of the oldest Institutions In the city, and had a capital of $200,000. The last statement showed deposits of all kinds amounting to $5,200,890. The cause of the failure is the continuous withdrawal of deposits, which were understood to be mostly of country banks. The officers say the bank Is solvent, that It will resume in a short time, and that depositors will be paid in full. Other banks in the city are believed to be perfectly solvent. This Is the first failure In Dubuque since the financial trouble began. The bank has a capital stock of $200,000; surplus and undivided profits, $65,000, and deposits, $444,028. The assets amount to $260,000 more than the Habilities. Topeka, Kan., Aug. 17.-The National Bank of Marion closed its doors yesterday. Liabilities are not known, but the assets are sufficient to cover everything. Meadville, Penn., Aug. 17.-The Farmers' Co-operative Bank has suspended business temporarily. Albany, Mo., Ang. 17.-The Bank of Albany suspended yesterday owing to the Inability to realize on loans and securities. A statement gives assets at $110,000 and Habilities at $80,000. Hudson, Wis., Aug. 17.-The Bank of River Falls, Wis., suspended yesterday. The statement for July 1 shows assets of $325,526, with liabilities of $284,000. The Bank of Ellsworth at Ellsworth. Wis., also closed. The statement for July 1 shows assets of $116,737, with Habilities of $38,000. Stockholders of both banks are largely the same. It Is believed the banks will be reorganized. Aurora. 1!1., Aug. 17.-The private bank of Levi Hall, at Oswego, was forced to eloge its doors yesterday. It 1. thought that Mr. Hall's assets are far in excess of his Habilities.
Click image to open full size in new tab
Wisconsin Banks Suspend. [By telegraph to the Dispatch.] HUDSON, WIS., August 17.-The Bank of River Falls, Wis., suspended yesterday. The statement for July 1st shows assets of $325,526 and liabilities of $284,000. The Bank of Ellsworth. at Ellsworth, Wis., has also closed. Its statement for July 1st shows assets of $116,737 and liabilities of $86,000. The stockholders of both banks are largely the same and it is believed that the banks will reorganize,
Click image to open full size in new tab
Badger Banks Fail. MILWAUKEE, Wis., Aug. 17. - The Bank of River Falls, Wis., R. S. Burhiyete president, capital $40,000, has suspended. The statement for July shows assets $325,526; liabilities, $284,000. The Bank of Ellsworth, Ellsworth, Wis., capital $35,000, also closed. The statement for July 1 showed assets $116,737; liabilities, $86,000. Stockholders in both banks were largely the same. It is believed the banks will be reorganized.
Click image to open full size in new tab
TROUBLES OF THE BANKS. The First Suspension Thus Far In Dubuque -Other Suspensions. DUBUQUE. Ia.. Aug. 17.-The First National Bank of this city suspended this morning. It was one of the oldest institutions in the city. The last statement showed deposits of all kinds amounting to $520,890. The cause of the fauilure is the continuous withdrawal of deposits. which were understood to be mostly from country banks. The officers say the bank is solvent. that it will resume in a short time. and that depositors will be paid in full. Other banks of the city are believed to be solvent. and fear no run. They offered assistance to the First National. but that institution thought it could carry itself through the crisis. This is the first failure in Dubuque since the financial trouble began. The bank has a capital stock of $200,000 surplus. and undivided profits $65,000. The assets amount to $260,000 more than the liabilities. HUDSON. Wis., Aug. 17.-The Bank of River Falls. Wis. suspended yesterday. The statement for July 1 shows assets of $325,526. with liabilities of $284,000. The Bank of Ellsworth. at Ellsworth. Wis. has closed. The statement for July 1 showed assets of $116,737. with liabilities of $88,000. It is believed the banks will reorganize. ALBANY. Mo., Aug. 17.-The Bank of Albany suspended yesterday. owing to its inability to realize on loans and securities. A statement gives assets at $110,000 and liabilities at $80,000. SAN ANGELO. Tex., Aug. 17.-W. B. Buchanan, President of the Sutton Bank of Sonoro and Coke County Bank of Robert Lee. which failed last week. was arrested yesterday. charged with embezziement. There is considerable indignation against Buchanan. as it is said that deposits were accepted late on Saturday night, Aug. 5. and on the following Monday morning a notice was posted on the door announcing their failure. Not a dollar was found in the bank vaults. MEADVILLE. Pa.. Aug. 17.-To-day the following notice was posted on the door of the Farmers' Cooperative Bank: This bank has suspended business temporarily.-W W. Dean. Cashier." Cashier Dean says that the suspension is only temporary: that the stockholders are individually liable. and that they will readily assume all liabilities. HUNTINGDON. Pa., Aug. 17.-The National Bank of South Pennsylvania. at Hyndman. Bedford county. closed its doors to-day. The bank was operated by John K. and George B. White. who owned 43-50ths of the stock. Besides this they operated four large tanneries at Hyndman, Dry Run. and Mann's Choice. which were also forced to close down in consequence. The firm was largely interested in the Amazon Steamship Company. plying between New York and South America. and they owned the majority of the stock in the Everett Electric Light and Water Companies. It is thought that all of the depositors will be paid in full.
Click image to open full size in new tab
NEWS IN BRIEF. Matters of More or Less Importance Tersely Touched Upon. Fire at Williamsburg, N. Y., destroyed 16 houses. The pope has raised the vicarate of Idaho to the dignity of a bishopric. Banks at River Falls and Ellsworth, Wis., which suspended a few days ago will resume. Officer James Gavin of St. Paul was found asleep on his beat and was dis charged. Cholera appears to have been completely stamped out in New York harbor. Secretary Carlisle has requested the resignation of J. Webb Flanagan, collector of customs at El Paso, Tex. Ernest Osmond, an English bicyolist, covered two miles on a safety in 4 minutes 24 2-5 seconds, breakingall records. P. S. Ware, editor of the Thief River Falls Press, has been appointed deputy United States marshal by Marshal Donahamer. The 83d birthday of Emperor Frans Josef was celebrated at the world's fair grounds by Austrians of this country. There was a large attendance. One of the best known and oldest of American landscape painters, John W. Casilear, N. A., died suddenly of apoplexy at Saratoga Springs, aged 82 years. At Denver, Frank Barton, a carpenter, was fatally shot by Officer McPhee, the policeman mistaking him for a burglar. The man ran when hailed and the officer, who was inexperienced fired three shots, two taking effect.
Click image to open full size in new tab
Saturday, Aug 19. The pope has raised the vicarate of Idaho to the dignity of a bishopric. Banks at River Falls and Ellsworth, Wis., which suspended a few days ago will resume. Cholera appears to have been completely stamped out in New York harbor. Secretary Carlisle has requested the resignation of J. Webb Flanagan, collector of customs at El Paso, Tex. Anthony Scott, residing in Highlands, a suburb of Denver, became insame on learning that his pension of $8 a month had been cut off. The 83d birthday of Emperor Franz Josef was celebrated at the world's fair grounds by Austrians of this country. There was a large attendance. One of the best known and oldest of American landscape painters, John W. Casilear, N. A., died suddenly of apoplexy at Saratoga Springs, aged 82 years. At Denver, Frank Barton, a carpenter, was fatally shot by Officer McPhee, the policeman mistaking him for a burglar. The man ran when hailed, and the officer, who was inexperienced, fired three shots, two taking effect.
Click image to open full size in new tab
A CONVENTION of the Pan-American Bimetallis association will be held in St. Louis on October 3 next. A CYCLONE near Humboldt, Neb., did great damage and Mrs. G. Schultz and her son were fatally injured and horses and cattle were killed. THE Union national bank at Racine and the banks at River Falls and Ellsworth, in Wisconsin, closed their doors. The private bank of Levi Hall at Oswego, III., and the Cardington Banking company at Cardington, O., also suspended. A BLAZE in St. Paul did $100,000 damage to the music house of W. J. Dyer & Bro. and Michael Clenan, a fireman, was killed. INTERPRETER YOSHIKAWA and Commissioner Minano, Japanese representing their government at the world's fair, have been converted to Christianity. THE impeachment of President Cleveland and Secretary Carlisle is demanded by the Advocate, the organ at Topeka of the Kansas populists, for failure to purchase the prescribed quantity of silver in July. THREE cars were dropped 60 feet by the giving way of a bridge near Milton, Va., and seven persons were killed and four injured. THE First national bank at Dubuque, Ia., the bank at Albany, Mo., and the Kendall county bank at Yorkville, III., closed their doors. MARTIN SCHULTZ and -his wife, an aged couple living near Cherokee, Ia., were murdered and their home ransacked by robbers. THE doors of the National bank of commerce at Denver, Col., have reopened for business. IN Cincinnati the Standard Wagon company, one of the largest concerns of the kind in the west, failed for $700,000; assets, $1,200,000. By a collision on the Chicago, Milwaukee & St. Paul railroad near Dubuque, Ia., twelve persons were injured THE death of John Logan Chipman, member of congress from the First district of Michigan, occurred at his home in Detroit, aged 63 years. THE Nebraska democrats will hold their convention at Lincoln October 4. IN a fit of anger Cyrus Brown, of Cincinnati, shot and killed his wife, to whom he had been married thirty years. VIRGINIA democrats in convention at Richmond nominated Charles T. O'Ferrall for governor and R. C. Kent for lieutenant governor. THE four banks in Le Mars, Ia., suspended. They were the First national and Le Mars national, with a capital of $100,000 each, and the Le Mars state and German savings banks. DRINKING water from an impure well caused the death of three children of J. L. Casey, of Little Rock, Ark., and the rest of the family were seriously ill, A TRACTION engine near Martin's Ferry, o., became unmanageable and ran backward down a hill, killing Carrie and Nellie Ackerman, aged 5 and 11 years, respectively, and fatally injuring Ella King. A FIRE at Benton, III., destroyed the city hall, post office and the Chronicle office. J. S. JOHNSON made 3 miles in 7:55% in a bicycle race at Minneapolis, lowering the record 15 1/4 seconds. BUSINESS has been resumed by the First national bank of Anthony, Kan., which suspended payment in July. A MOB wear Morganfield, Ky., lynched Charles Watson, a negro who cut the throat of little Sam Keith, 10 years old, to secure four dollars. WILLIAM J. JAMISON (colored), who murdered Supervisor Charles N. Aaron April 19, 1892, was hanged at Quincy, III. This was the third hanging in Quincy in sixty-five years. WITHIN ten days twenty members of the Meacham gang have been killed near Jackson, Ala., and five others were surrounded, but escaped.
Click image to open full size in new tab
WEST AND SOUTH. AT Goodland, Kan., a hailstorm wrecked several buildings and fatally injured a man named Wood and his two sons. IN St. Paul C. 0. Rice & Co., dealers in carpets and wall paper, made an assignment with liabilities of $112,000. FLAMES destroyed the Tubbs hotel at East Oakland, Cal., the loss being $200,000. IN convention in Des Moines the Iowa republicans nominated Frank D. Jackson, of Des Moines, for governor; W. S. Dungan, of Chariton, for lieutenant governor; G. S. Robinson, of Storm Lake, for supreme judge; J. W. Luke, of Hampton, for railroad commissioner, and Henry Sabin, of Des Moines, for superintendent of public instruction. The platform approves the administration of Benjamin Harrison; favors maintaining both gold and silver as unlimited legal tender for the payment of debt. every dollar to be of equal value; opposes state bank money; says the pension system now in practice is a menace to the honor of the brave and deserving national defenders, and declares in favor of local option. A CONVENTION of the Pan-American Bimetallic association will be held in St. Louis on October 3 next. A CYCLONE near Humboldt, Neb., did great damage and Mrs. G. Schultz and her son were fatally injured and horses and cattle were killed. THE Union national bank at Racine and the banks at River Falls and Ellsworth, in Wisconsin, closed their doors. The private bank of Levi Hall at Oswego, III., and the Cardington Banking company at Cardington, 0., also suspended. A BLAZE in St. Paul did $100,000 damage to the musie house of W. J. Dyer & Bro. and Michael Clenan, a fireman, was killed. THE doors of the National bank of commerce at Denver, Col., have reopened for business
Click image to open full size in new tab
A CONVENTION of the Pan-American Bimetallis association will be held in St. Louis on October 3 next. A CYCLONE near Humboldt, Neb., did great damage and Mrs. G. Schultz and her son were fatally injured and horses and cattle were killed. THE Union national bank at Racine and the banks at River Falls and Ellsworth, in Wisconsin, closed their doors. The private bank of Levi Hall at Oswego, Ill., and the Cardington Banking company at Cardington, O., also suspended. A BLAZE in St. Paul did $100,000 damage to the music house of W. J. Dyer & Bro. and Michael Clenan, a fireman, was killed. INTERPRETER YOSHIKAWA and Commissioner Minano, Japanese representing their government at the world's fair, have been converted to Christianity. THE impeachment of President Cleveland and Secretary Carlisle is demanded by the Advocate, the organ at Topeka of the Kansas populists, for failure to purchase the prescribed quantity of silver in July. THREE cars were dropped 60 feet by the giving way of a bridge near Milton, Va., and seven persons were killed and four injured. THE First national bank at Dubuque, Ia., the bank at Albany, Mo., and the Kendall county bank at Yorkville, Ill., closed their doors. MARTIN SCHULTZ and his wife, an aged couple living near Cherokee, Ia., were murdered and their home ransacked by robbers. THE doors of the National bank of commerce at Denver, Col., have reopened for business. IN Cincinnati the Standard Wagon company, one of the largest concerns of the kind in the west, failed for $700,000; assets, $1,200,000. By a collision on the Chicago, Milwaukee & St. Paul railroad near Dubuque, Ia., twelve persons were injured THE death of John Logan Chipman, member of congress from the First district of Michigan, occurred at his home in Detroit, aged 63 years. THE Nebraska democrats will hold their convention at Lincoln October 4. IN a fit of anger Cyrus Brown, of Cincinnati, shot and killed his wife, to whom he had been married thirty years. VIRGINIA democrats in convention at Richmond nominated Charles T. O'Ferrall for governor and R. C. Kent for lieutenant governor. THE four banks in Le Mars, Ia., suspended. They were the First national and Le Mars national, with a capital of $100,000 each, and the Le Mars state and German savings banks. DRINKING water from an impure well caused the death of three children of J. L. Casey, of Little Rock, Ark., and the rest of the family were seriously ill. A TRACTION engine near Martin's Ferry, O., became unmanageable and ran backward down a hill, killing Carrie and Nellie Ackerman, aged 5 and 11 years, respectively, and fatally injuring Ella King. A FIRE at Benton, Ill., destroyed the city hall, post office and the Chronicle office. J. S. JOHNSON made 3 miles in 7:15% in a bicycle race at Minneapolis, lowering the record 15 1/4 seconds. BUSINESS has been resumed by the First national bank of Anthony, Kan., which suspended payment in July. A MOB near Morganfield, Ky., lynched Charles Watson, a negro who cut the throat of little Sam Keith, 10 years old, to secure four dollars. WILLIAM J. JAMISON (colored), who murdered Supervisor Charles N. Aaron April 19, 1892, was hanged at Quincy, Ill. This was the third hanging in Quincy in sixty-five years. WITHIN ten days twenty members of the Meacham gang have been killed near Jackson, Ala., and five others were surrounded, but escaped. FOREIGN INTELLIGENCE. THE decision rendered in Paris by the court of arbitration on the subject of the dispute between the United States and Great Britain as to the rights of seal fishing in Behring sea was in favor of Great Britain on every point of real dispute. A STORM wrecked a fishing boat in the Baltic off Hapsal, Russia, and many boats floundered and seventeen persons were drowned. BY the capsizing of a boat in Carrigaholt bay seventeen of an excursion party from Kilkee, Ireland, were
Click image to open full size in new tab
WEST AND SOUTH. IN convention in Des Moines the lowa republicans nominated Frank D. Jackson, of Des Moines, for governor; W. S. Dungan, of Chariton, for lieutenant governor; G. S. Robinson, of Storm Lake. for supreme judge; J. W. Luke, of Hampton, for railroad commissioner, and Henry Sabin, of Des Moines, for superintendent of public instruction. The platform approves the administration of Benjamin Harrison; favors maintaining both gold and silver as unlimited legal tender for the payment of debt. every dollar to be of equal value; opposes state bank money; says the pension system now in practice is a menace to the honor of the brave and deserving national defenders, and declares in favor of local option. A CONVENTION of the Pan-American Bimetallic association will be held in St. Louis on October 3 next. A CYCLONE near Humboldt, Neb., did great damage and Mrs. G. Schultz and her son were fatally injured and horses and cattle were killed. THE Union national bank at Racine and the banks at River Falls and Ellsworth, in Wisconsin, closed their doors. The private bank of Levi Hall at Oswego, III., and the Cardington Banking company at Cardington, O., also suspended. A BLAZE in St. Paul did $100,000 damage to the music house of W. J. Dyer & Bro. and Michael Clenan, a fireman, was killed.