22606. Strongs Bank (Green Bay, WI)

Bank Information

Episode Type
Run → Suspension → Closure
Bank Type
state
Start Date
May 26, 1884
Location
Green Bay, Wisconsin (44.519, -88.020)

Metadata

Model
gpt-5-mini
Short Digest
96219b3a

Response Measures

Full suspension

Other: President Henry Strong left for Toronto/Montreal; a receiver (James H. Elmore) was appointed and reported liabilities/assets.

Description

Strong's Bank (Green Bay, WI) experienced heavy withdrawals/deposit decreases for months, then suspended/closed in late May 1884. A receiver (James H. Elmore) was appointed and receiver reports (June) show liabilities exceeding realizable assets; president Henry Strong fled to Canada and is implicated in speculative losses. Sequence: depositor withdrawals/run → suspension/closing → receivership (permanent closure).

Events (3)

1. May 26, 1884 Run
Cause
Bank Specific Adverse Info
Cause Details
Deposits declined sharply over several months; bank paid out over $100,000 and could not liquidate assets quickly. Also mentions villainous reports and failures of other banks locally contributing to withdrawals.
Measures
Bank closed voluntarily to wind up affairs (president's note states bank closed to wind up).
Newspaper Excerpt
our deposits have so greatly decreased within the last three or four months that we have had to pay out over $100,000.
Source
newspapers
2. May 27, 1884 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank suspended/closed because it could not convert assets rapidly enough to meet withdrawal demand after large deposit decreases and local bank failures; president's note cites demoralization and villainous reports as factors leading to closure.
Newspaper Excerpt
Strong's bank at Green Bay, Wis., suspended yesterday.
Source
newspapers
3. June 7, 1884 Receivership
Newspaper Excerpt
Receiver Elmore, of Strong's bank at Green Bay, Wis., reported that the total liabilities were $296,878.42, while the fairly good assets are about $75,000.
Source
newspapers

Newspaper Articles (15)

Article from Sacramento Daily Record-Union, May 27, 1884

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DAILY RECORD-UNION TUESDAY MAY 27, 1884 THIS MORNING'S NEWS. In New York yesterday Government bonds were quoted at 1203/4 for 4s of 1907, 113 for 41/28 sterling, $1 85@4 87 1003/4 for 3s; silver bars, 110½ Silver in London, 50 15-16d consols, 101 7-16d 5 per cent. United States bonds, extended, 105; 4s, 123: 41/28, 113½ In San Francisco Mexican dollars are quoted at 89@89½ cents. Mining stocks opened weak in San Francisco yesterday morning, with a light demand all round. On the second call Alta, Bodie and Gould & Curry were a trifle higher than on the first call, but in most other cases the opening prices on the first call were not sustained. The whole market has a decidedly soggy appearance. An English nobleman has married a ballet girl. Strong's bank at Green Bay, Wis., suspended yesterday. The Pennsylvania Bank, of Pittsburg, closed its doors again yesterday, causing much excitement. George Koste was thrown from a wagon in San Jose Sunday, and killed. A sixteen-year-old boy was captured at San Juan, San Benito county, early yesterday morning, while attempting to burglarize the postoffice. A little steamer ran the Cascades of the upper Columbia river-six miles-in eléven minutes, Sunday. Two successful burglaries occurred Saturday and Sunday night in Fresno. The general State election takes place in Oregon next Monday. Charles Fairchild, 65 years old, has been held to answer at Orland, Colusa county, on a charge of indecent assault upon an eight-year-old girl. Miss Hickox, of California, is among the graduates of the New York Conservatory of Music. Fire at Reading, Mass.: loss, $200,000. Disorder is threatened in New Iberia, La., over a contested Judgeship. The ten-mile bicycle race in Washington yesterday was won by J. S. Prince, in 32 minutes and 46 seconds. Michael J. Hull dropped dead in the California Market, San Francisco, yesterday. The Boston Herald has been sued for libel by a Catholic priest, the damages being laid at $100,000. Italy supports France in her demands for the international control of Egypt. A negro in Georgia claims to be the Messiah, and the colored people of that region believe in his pretensions. In Belleplaine, la., yesterday, Samuel Dunlap shot his wife three times, and then cut his own throat. Moody and Sankey will leave England for America July 5th. The American lacrosse team won another game in England yesterday, defeating the Yorkshire team. The Cheyenne Indians in Montana threaten to take the warpath, causing great alarm. The Presbyterian General Assembly adjourned at Saratoga yesterday, to meet in Cincinnati next May. John Lowell. son of ex-Judge Lowell, of the New York Supreme Court, killed himself in Buffalo yesterday. Miss A. Hazard, reparted missing from Cincinnati, has been found drowned in the Hudson river at Hastings, N. Y. Mrs. N. Noffsinger accidentally shot and dangerously wounded herself in Douglass county, Oregon, Sunday. In New York yesterday John Carpenter stabbed his wife to death, fatally wounded her sister, and tried to commit suicide. One hundred and fifty people were injured at Chatham, Ont., yesterday, by the collapse of a building. A boy and two girls were drowned at Galt, Canada, yesterday, while boating.


Article from Eureka Daily Sentinel, May 27, 1884

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tion. bad reputation. New York Stock Market. WALL STREET, May 26.-Stocks opened weak and declined from one-half to 2½: Jersey Central dropped 24 to 2½; Lackawanna to 2%; Northwestern to 2½; Illinois to 14; New York Central to 1%; Western Union to 1, and before 10:40 recovering one-half to 14; Union Pacific and Missouri Pacific sold up to 40 and 67%. Noon, May 26.-Lackawanna dropped to 90%, and others followed. Lackawanna then returned to 92. Others rose onequarter to three-quarters. At noon the market was strong. Bar silver 11. An Opinion by Charles Francis Adams. BOSTON, May 26.-The Advertiser's interview with Charles Francis Adams, who examined the condition of the Union Pacific Railroad, says: Adams says that a general reduction of expenses will be made. He says that during the remainder of the year the net earnings of the road would show & favorable comparison with those of last year. The passenger traffic is quite good, and there is & prospect of good freight business at the usual rates. Returned to Work. FALL RIVER, Mass., May 26.-The spinners of the Union mills returned to work at reduced wages this morning. Some of the Border City mills strikers also returned. One mill is running full, and others are nearly full at Wampano. The Chase and the Slade mills strikers offered to return if taken back in & body. The manufacturers refused to turn out competent knobsticks. Only a few more spinners are needed in the three mills. Work in the House. WASHINGTON, May 26. House-Bills were introduced and referred to Jordan, to develop the resources of Alaska, and to open overland communication there with money; granting pensions to all honorably discharged soldiers of the rebellion when they reach the age of 45; the Senate amendment was concurred in of the bill providing a muster of certain officers and men in the volunteer forces. The contested election case of Wallace VS. A. McKinley was taken up. Gave Bonds in $30,000. NEW YORK, May 26.-Fish, the President of the Marine Bank, was arrested yesterday. He appeared at the United States Commissioner's office this afternoon and pleaded not guilty, of applying to his own use money belonging to the United States Bank. The Court fixed his bail at $30,000, and Fish procured bondsmen for the amount. A Disastrous Hoax. NORWALK, Conn., May 26.-A stupid local paper published a long article last Friday, stating that there was & steady run on one of the oldest banks in the city. Excited depositors started a run, which took $30,000 from the Norwalk Savings Bank before the alleged joker explained that he referred to a gravely bank. The on Works Continue to Burn. PHILADELPHIA, May 26.-The fire at the oil works of the Atlantic Refinery Company continues to burn, but it is thought the danger is now past. Early this morning three tanks, containing 4,000 barrels of oil exploded, but the oil burned itself out without doing further damage. Only one tank containing 14,000 gallons, in barrels, was in flames. The estimate to-day places the loss at $400,000. A Settlement With Employes. PHILADELPHIA, May 26.-It is officially stated that the employes of the Reading Coal & Iron Co. will be paid in cash. The miners and other employes have been paid in 30-day certificates. Scrip was only issued for April and May bills, and not for the regular employes. This averts a threatened trouble. Fatally Shot. NEW YORK, May 26.-William Foster aged 47, a local politician, was fatally shot last night near his home, 26 Cherry street, and John Kearns, a saloon-keeper, was shot in the leg. Edward Kelly, who used the pistol, escaped. Foster interfered to stop a fight. Will Shortly Resume. NEW YORK, May 26.-The West Side Bank claims that it will shortly resume. Nothing is known of the whereabouts of the defaulting teller Hinckley. Another Bank Closed. GREENBAY, Wis., May Strong's bank closed its doors this morning. No particulars. Rubber Factory Burned. READING, Mass., May 26.-The Mayoll rubber factory is burned. The loss is $200,000. Shads. Shads


Article from Morning Journal and Courier, May 27, 1884

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TELEGRAPHIC JOTTINGS. The American lacrosse team won the game with the Yorkshire team yesterday by a score of 8 to 0. Twenty-five per centum of the British troops stationed at Assiout are reported as unfit for duty. The comptroller of the currency says that the examiner at New York reports the Second National bank solvent, the defalcation having been made good. Strong's bank at Green Bay, Wis., closed its doors yesterday morning. Henry Strong is president. The capital is $50,000. The Central National bank is i 8 New York correspondent. There is a crisis in the leather trade at Vienna growing out of excessive speculation. Seven of the largest firms have suspended. The houses most affected are those having their connections with New York. Base ball yesterday: At New York, Providence 10, New Yorks 4; at Philadelphia, Bostons 10, Philadelphias 4; at Buffalo, Buffalos 4, Chicagos 0; at Cleveland, Clevelands 2, Detroits 0; at Philadelphia, Athletics 14, Toledos 8; at Baltimore, Baltimores 11, Cincinnatis 3; at Providence, Harvard Freshmen 15, Brown Freshmen 7.


Article from Evening Star, May 27, 1884

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Why the Greenbay Bank Suspended. GREENBAY, WIS., May 27.-The cause of the suspension of Strong's bank here yesterday is stated by President Henry Strong, to be in the fact that owing to the deposits decreasing so rapidly in the last three or four months, during which the bank had to pay out over $100,000, the bank did not feel that it could convert its assets rapidly enough to meet the demand for money, and that it would be justice to all to close the bank and wind up its affairs.


Article from Daily Kennebec Journal, May 28, 1884

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A WISCONSIN BANK SUSPENDED. Statement of the President-Probably Able to Meet Liabilities. GREENBAY, Wis., May 27. The cause of the suspension at Strong's Bank here, yesterday, is stated in the following note, left by Prest Henry Strong, who departed for the east Saturday Owing to the failure of several banks in this vicinity last winter, and the demoralization of financial matters lately, and owing to some villianous reports circulated about our own bank. our deposits have so greatly decreased within the last three or four months that we have had to pay out over $100,000. Feeling that we cannot convert the assetts rapidly enough to meet the demand for money, we deemed it best, in justice to all, to close the bank, and wind up its affairs. The belief exists generally that depositors will not meet with much loss. The directors find the assets to amount to about $350,000, and the liabilities $340,000.


Article from The Portland Daily Press, May 28, 1884

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FINANCIAL. More About the Grant Failure. Individual Assignments of the Grant Brothers. NEW YORK, May 27.-Individual schedules in the assignments of Frederick D. Grant and Jesse R. Grant to James McNamer were filed to-day. The schedules of Frederick D. Grant show the following statement. The debts and liabilities amount to $2,215,066 made up as follows: Creditors other than preferred, $820,000; preferred, $243,966; contingent liabilities, $10,000; par value of securities borrowed from Grant & Ward, $1,140,800; assets nominally worth $1,990,013; actually unknown. Schedules in the assignment of Jesse R. Grant show debts and liabilities to the amount to $95,429 and assets nominally worth $131,950; assets actually worth unknown. Jesse Grant makes an affidavit as to the cause of the difference between the nominal and actual value of the assets and says he is unable to state the actual value of the assets and monies because Grant & Ward's property is in the hands of an assignee and receiver and no schedules have been made showing the assets of the firm. United States District Attorney Root lodged a warrant for the arrest of Ferdinand Ward at the Ludlow street jail to-night on complaint of Bank Examiner Scriba who charges that Ward aided and abetted President James D. Fish in misappropriating the funds of the Marine Bank. Donnell, Lawson & Simpson, the brokers who failed in the recent panic, will probably soon resume as most of their creditors have accepted a proposition made by the firm and the assets are being rapidly converted into available funds by the assignee. The Metropolitan Bank. A meeting of the Metropolitan bank directors was held this morning. The president stated that the deposits had diminished about $9,000,000 since the suspension, but show no further diminution this week. George J. Seney to-day in consideration of $350,000 transferred to the Metropolitan national bank 137 paintings in his residence, No. 4 Montague Terrace, Brooklyn. Run Upon an Arkansas Bank. HOT SPRINGS, May 27.-The Hot Springs national bank closed its doors to-day owing to a run on the bank caused by the reported absence of President Andrew Bruon. The liabilities are $40,000. A run has commenced on the Arkansas national bank of Hot Springs which is understood to be in good condition. There is great excitement. The Peun Bank's Affairs. PITTSBURG, Pa., May 27.-The directors of the Penn bank have been making an examination of its accounts to-day and find one with D. Wilson & Co., which shows over checking to an extent of $240,000. No such firm is known in this city aud it is supposed to represent accounts of a number of persons lately operating on the wrong side of the oil market and who have been ailowed to draw to the extent named. The account of a prominent oil dealer was found to be overdrawn $97,000. These two accounts represent $7,000 in excess of the entire capital and surplus of the bank. Cause of Suspension of Strong's Bank. GREENBAY, Wis., May 27.-The cause of the suspension of Strong's bank here yesterday is stated in the following note left by president Henry Strong who departed for the Eas Saturday night "owing to the failure of several banks in this vicinity last winter, and the general demoralization of financial matters lately and also owing to some villainous reports circulated about our own bank, our deposits have greatly decreased 80 that in the last three or four months we have had to pay out over $100,000. Feeling that we cannot convert the assets rapidly enough to meet the demand for money we deemed it best in justice to all to close the bank and wind up its affairs." The belief exists generally that depositors will not meet with much loss. The directors find that the assets amount to about $350,005, and liabilities to $340,000.


Article from The Daily Enterprise, May 28, 1884

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THE LATEST NEWS. Northern Pacific preferred, on Monday, 424 and rising. Reid & Smith, merchants of New York, have assigned. Strong's bank at Green Bay, Wis., closed its doors this morning. No particulars. At Havana, Cuba, there were thirteen deaths from yellow fever during last week. The Chinese government will exhibit a silk house in operation at the New Orleans exposition. At Belle Plain, Ia., Samuel Dunlap shot his wife SO she will die and then cut his own throat. Motive unknown. The strike among the cotton mill operators at Fall River, Mass., is ended. Most of them accepted the reduced wages. The West Side bank of New York will shortly resume business. Nothing is known of the whereabouts of Hinckley, the defaulting teller. At Oak Creek, Wis., Horace Baldwin's dead body was much too long for the coffin and his relatives sawed his feet off to make a fit. James D. Fish, ex-president of the insolvent Marine bank of New York, who was arrested, was admitted to $30,000 bail, which he furnished. A distinguished party left Washington on Monday for Annapolis. It included the president of the senate, speaker of the house, members of the senate and house committees on naval affairs and appropriations, Admiral Porter, General Sheridan. ministers of England, Russia. Germany and France, and the Maryland congressman.


Article from Mineral Point Tribune, May 29, 1884

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THE Penn Bank at Pittsburgh, after having resumed payment on Saturday, again suspended Monday, causing great excitement. Strong's Bank, at Green Bay, Wis., has closed its doors.


Article from Savannah Morning News, June 2, 1884

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About 80 per cent. were those of small traders whose capital was less than $5,000. Among the important suspensions were Reid & Smith, cotton commission, and Thomas J. Crombie, lumber, New York city; the Penn Bank. Pittsburg, Pa.: Glendower Iron Company. Danville, Pa.: Hot Springs (Ark.) National Bank; Strong's Bank, Green Bay, Wis.; Crawford County Bank. Denison, Ia.; Farmers' and Mechanics' National Bank, Uhrichsville, Ohio: G. T. Foster & Co., wholesale millinery, Detroit, Mich., and Henry Sheldon & Co., bankers. Sherman, N. Y. In the principal trades they were as follows: General stores. 18; grocers, 11; liquors, 11; banks, 8; drugs, 8; millinery. 8; tobacco and cigars, 8; shoes, 7; clothing, 6; fancy goods, 5; hardware and agricultural implements, 5; jewelry, 5; dry goods, 4; furniture. 4; hotels and restaurants, 4; grain and flour. 3; harness, 3; lumber. etc., 3; butchers, 3; commission. 3; bankers, 2: bakers, 2; carriages, 2; men's furnishing goods, 2; produce and provisions, 2. ALABAMA. Farmsdate.-J. C. Brown & Co., general store, compromised. FLORIDA. Green Core Springs.-C. H. Moss. general store, failed and stock taken on two claims or $1,800. Kissimmee.-P. Y. Jennings & Co., general store, recently assigned, were attached. and the assignment, it is reported, was declared void. GEORGIA. Atlanta.-John H. James, banker. shows liabilities $506,000; nominal assets $656,000; actual assets $411,000. Of the assets $360,000 is in real estate, and efforts are being made to form a stock company of the depositors to hold the real estate. which is increasing in value. Stewart Brothers. shoes, failed. The stock is chattel mortgaged for $2,850. NORTH CAROLINA. Garysburg.-Jordon & Kee, general store, assigned. Liabilities estimated at $750; assets $1,000. TENNESSEE. Bellbuckle.-W. L. Garner, general store, failed. Liabilities $2,000: actual assets $1,200. Brownsville.-H. Orr, butcher and grocer, closed by attachment. Jackson.-W. H. Burnell & Co., wagon makers, assigned. Memphis.-H. G. Getchell & Co., pianos, assigned. Liabilities $6 000; assets $4,400. Rogersville.-John M. Carson, general store and grain, assigned.


Article from Connecticut Western News, June 4, 1884

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The New York Panic. A warrant for the arrest of John C. Eno, the former president of the Second National Bank, was issued by United States Commissioner Shields Saturday morning at the request of District-Attorney Root Mr. James D. Fish, President of the Marine National Bank, was arrested Saturday evening in his rooms in the Mystic flats. The warrant was issued by United States Commissioner Shields on an affidavit sworn to by Bank Examiner Seriba. The warrant charges Mr. Fish with "unlawfully misapplying certain sums of money to the amount of $1,400,000 of the moneys and funds of the Marine National Banking Association to his own use, benefit, and advantage, with intent to injure and defraud such association." Hinckley, the cashier of the West Side Bank, who absconded wtih over $90,000 of the bank's funds, has not yet been arrested. The official examination of the bank's condition shows that it is solvent, although it was forced to close by the refusal of banks to clear its paper. It will soon resume. The Hot Springs National Bank of Hot Springs, Ark., has suspended, the Presid nt having decamped with the available funds. Strong's bank at Green Bay, Wis., has suspended, caused by the failure of other banks with which it did business. The depositors will not meet with much loss. The liabilities are about $340,000. The available assets amount to about $350,000. General Grant has, as yet, made no explanation of the letters he wrote Mr. Fi-h. One of the latter's lawyers says there are other letters from General Graut among Mr. Fish's papers. The expert accountant who is examining into the affairs of Grant & Ward, think< it will be impossible to make a correct statement of the firm's condition from its accounts, which are badly mixed. A receiver was appointed for the individual property of Ferdinand Ward. Marshals and detectives watch Mr. Eno's house day and night. but have failed to arrest him. The New York Heraid says there is a growing impression that the authorities are not very anxious to apprehend him. The swindle and robbery in the Penn Bank, of Pittsburg, is assuming astounding proportions, the amount of deficit being over $1,000,000. There is little left of the bank. The fugitive bank president from Hot Springs, Ark., ias been arrested, together with a woman, on a train.


Article from The Rock Island Argus, June 7, 1884

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THE NEWS IN BRIEF. Cheat is doing much damage to the wheat fields of Missouri, and a full crop is not expected. The I., B. & W. round-house at Columbus, Ohio, suddenly collapsed, seriously injuring five mon. In a wrestling match at Cincinnati for $1,000 William Muldoon defeated Charles Martino. During May fires in the United States destroyed property valued at $9,200,000, and for the five months of 1884 the fire losses have reached $46,750,000. The students of Oberlin college hold an limitation Chicago convention, and after a protracted session nominated Senator Edmunds on the fifth ballot. The Fifteenth Ohio district Democrats renominated the Hon. Beriah Wilkins for congress and instructed the delegates to Chicago for Tilden and Hendricks. League ball games Thursday resulted: Buffalo, 12; Chicago, 5. New Yofk, 10; Boston, 6. Philadelphia, 9; Providence, 8. Cleveland, 5ig Detroit, 4 (ten innings.) Cor. Buford, who killed Judge Elliot, and was sent to the Kentucky Central Lunatic asylum and escaped, was returned to the institution in a poverty-stricken and dying condition. The remains of John Anderson, whose murder completes the destruction of a family of six persons, were found near Pleasonton, Kan. Wampler, the alleged murderer, has not yet been captured. At Bellefontaine, Ohio, a baby was left on the steps of the residence of Joseph Chambers the other night, and he and Mrs. Chambers adopted it. They already have seventeen children, every one adopted. Receiver Elmore, of Strong's bank at Green Bay, Wis., reported that the total liabilities were $296,878.42, while the fairly good assets are about $75,000. Strong is at Toronto, and is liable to remain there. A fiddle upon which Washington used to play is now in the possession of Col. J. Washington, and an effort is being made to raise $1,503 to purchase it, that it may be placed in Miss Custis' music-room at Mount Vernon, where are already the harpischord presented by the general to Mrs. Custis on her wedding day, and the flute upon which he used to accompany her.


Article from Wheeling Register, June 10, 1884

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AT THE USUAL PLACE. Henry Strong, Short $300,000. Safely Domiciled in Canada. MILWAUKEE June 9.-Henry Strong, President of Strong's bank, at Green Bay, which failed for $300,000 lately, has been heard from in Montreal. A movement is on foot to bring Strong back. It is evident that the bank has been run for a long time on worthless assets to offset equally worthless or fictitious loans. The receiver's report shows Strong to be alone responsible for the losses, but the holes into which the money was sunk have not yet been revealed Mr. Strong has written a friend that he was the victim of wild speculations, and that no one is to blame but himself.


Article from River Falls Journal, June 12, 1884

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WISCONSIN NEWS NOTES. The Green Bay Bank. Green Bay, Wis., Special Telegram. June 5.-James H. Elmore, receiver of Strong's bank, filed his report. The report shows: Total assets, $337, 704.21; total liabilities, $196,878.42. Much of the assets are merely nominal. The cash on hand is $22,209.80; active bills receivable, $60,372.24. There is shown under the head of bills receivable past due, the sum of $206,252.78. Much of this is old papers of firms which have been wiped out. The miscellaneous bonds and stock are put in at $35,200. Most of this represents little value. The actual cash value of the assets may probably be fully at $75,000. It is thought not more than twenty-five cents on the dollar can be paid. It needs the presence of Mr. Strong, late president of the bank, to explain some items, there being no one else connected with the bank knowing anything about them. He is still in Toronto. The fact is developed by the failures that the bank had been practically insolvent for some time, and the showing is a great surprise to people generally who had no idea of its condition. The publication of the report creates a great deal of commotion among the large class who had savings invested.


Article from The Kenosha Telegraph, June 20, 1884

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WISCONSIN STATE NEWS. The following are the Milwaukee grain quotations: Wheat-No. 1, 95@95 No. 2, 87@87Mc. Corn-No. 2, 55@56c. @79 'I 6 02 1/2. Barley-No. 2 Spring, 59@60c. Two children in Milwaukee, in endeavoring the other day to hide from their playmates, sprang into a chest with a spring ock. Before their place of concealment We discovered one had died, and the other was saved only after the greatest exertion. Near Pleasant Ridge, Green County, a boy named Edward Selves chased a bear with an ax a few days ago. The animal retired in good order until he had lured his enemy to a stritable place, and then feil upon him, tooth and nail, and was tearing the shirt from his intended ban. quet, when the boy's dog arrived, and the bear was eventually laid low. Mrs. Ellen Long pleaded guilty the other day at Dartford, Green Lake County, of the murder of the boy Harvy Whittemore, agedeleven years, and was sentenced to life imprisonment. Mrs. Long is thirtyfive years old, good-looking, and a daughter of Judge A. H. Myers, one of the most prominent men in the interior of the State. The body of C. A. McGiver was recently fished out of the Feaver River, near Leakez's dam, in Grant County. McGiver left home on the 28th of May in search of employment. As he was greatly discouraged at the time, it was supposed that he committed suicide. He left a family of them- .10J battle 04 children eight pus and selves. Henry Strong, President of the now defunct Strong's Bank at Green Bay, Brown County, recently wrote to some friends in that city from Montreal, saying that he lost the bank's money in speculations in wheat, pork and stocks. He borrowed the money from the bank on various securities and on the notes of his brother. No other person, he said, was concerned with up out min stanl The Ryder Brothers, of Otter Creek, Eau Claire County, lost a fine span of horses and a lot of farm inachinery by the burning of their barn a few days ago. The loss was about $1,200 above insurance for $900. Charles Deller,a farmer, of Manitowoc County, while riding in a wagon with five companions a few days ago was struck by lightning and killed. The others escaped. A wheat statistician of Milwauke estimates the spring crop at 141,000.000 bushels, and the winter yield at 375,000,000. At noon the other day the extensive planing mill situated at Kelly, Marathon County, on the Lake Shore Road, was completely destroyed by fire, which originated in the engine-room from sparks in shavN L one JO Amedoad the SEM 4I isSup Kelly estate. Loss, $10,000; insurance, *000'9$ A watch nearly two hundred years old was found on the body of an unknown man, killed by a train recently at Milwaukee. The time-piece was from the manufactory of one Benna Hoebela, Nuerenberg, Bavaria. The number was 562. The watch had a tortoise shell back lined with silver. It will be turned over to the public musetim unless called for. Receiver Elmore, of Strong's Bank at Green Bay, Brown County, reported a few days ago that the total liabilities were $296,878.42, while the fairly good assets were about $75,000. Strong was at Toronto, and was liable to remain there. The recent tragedy in the town of Popple, Clark County, was the result of a quarrel in the presence of several ladies the day before. After Isaac Meddaugh received the fatal wound he said to Perkins: "Hugh, what have done that you should shoot me down like this?" Perkins replied: "Ike, I warned you to keep away from me; I could not be whipped; have shot you and it can't be helped now, but I wish had not done it. amsorry for it." Reuben Adams, who had been acting as postmaster at Hersey, St. Croix County, for the last four years, was removed from the service a few days ago. His successor had not been named. Adams had settled his account with the Government. Two sons of William Gætzenberger, of Ashland, strayed into the woods the other day, and would have died from hunger and exposure had not a mill-owner kept his steam whistle in full blast. The little fellows toddled in the next night in an exhausted condition. Finding they were lost, soaked to the skin and nearly frozen, the eldest boy at night laid his little brother beside a fallen tree and covered him with his own body, thus keeping him from perishing with cold. # The hay-sheds of the Superior Lumber Company at Ashland were destroyed by fire early the other morning with nearly SBM ere The bay. JO suot perpuny ouo started by tramps, one of whom had been arrested. Loss $2,000; no insurance. Mrs. A. F. Warden, wife of the editor of the Plymouth (Sheboygan County) Reporter, died the other afternoon, aged twenty-eight years. The School-land Commissioners at Madison the other day apportioned the school fund of the State, amounting to $213,092, among the 507,362 school children of the State for the ensuing fiscal year, the amount per capita being forty-two cents. SUM children JO requinu the oNe years V 493,498 and the per capita allowance forty. A town site has been laid out at Bad River, on the line of the Wisconsin Central Railroad, by the Bad River Lumber Company, which have already put up a large hotel. The large saw-mill of the company is running better this year than ever before, having been refitted during the past winter. With an immense stock of logs on hand the company expects a 'uns steedy Scores of saloon-keepers at Madison were arrested the other day at the instance of the Law and Order League, for selling liquor on Sunday. The evidence was obtained against them by two strangers, who narrowly escaped violence at the hands of the aggrieved saloonists when the fact became known. William Case Peart and George Tognette, the two lads convicted of burglary at Waukesha a few days ago, have been sentenced by Judge Sloan to three years each in the State Prison. William Kearns, who escaped from the county jail at Kenosha November 4, 1833, and who had been at liberty ever since, *038 safs few B Chicago up arreetted SUM He would be sent back. The State Treasurer reports the total balance in the State Treasury to be $1,172,618, of which $970,144 is in the general "punj Prairie du Chien people will ask Con


Article from Wheeling Register, October 9, 1884

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A HEAVY CLOTHING CRASH. Mr. Blaine's High Tariff and Its Remarkable Effect on the Mercantile Community of the Nation. A LIST OF RROKEN UP FIRMS. ROCHESTER, N.Y. October 8.-The general assignment of J. W. Rosenthal & one of the largest clothing manufacturing firms in this city, was filed in the County Clerk's office this morning The assignee is Louis Griesheimer of Chicago, and the claims of the preferred creditors amount to nearly $100,000. The real extent of the failure cannot be learned until the as signee' schedule is filed. A Heavy Chattel Mortgage. DETROIT MICH. October 8.- The Excel sior Clothing Company, of East Saginaw Mich. consisting of Moses Kerngood, Benjamin T. Rosenthal and Ed. H. Doyle, to day gave chattel mortgages aggregating $80,000. It was alleged that Doyle discovered that Kernwood the senior member of the firm. had given the firm' paper for $19,000 for purposes not connected with the firm' business Therefore, in order to protect creditors, Doy took the action above referred to. Wilkin Black, New York. NEW YORK October Wilkin Black tailors trimmings, made an assignment to day The firm claimed to have surplus of $51,000 in July last. Creditors ob tained an attachment for $16,000, claiming the showing was false F. M. Shafto, Asbury Park. M. ASBURY PARK N. J. October Shafto, furnishing goods made an assign ment. Liabilities $29,000; nominal assets $33,000. Groht McLaren, New York: as NEW YORK, October Schedules signment of Groht & Mc Laren. filed day show liabilities of $30,000 nominal assets $15,000; actual assets. $5,000. Chicago Failures. CHICAGO,October Jacob B Wolf. small dealer in notions at noom 7.No. 12 LaSalle street, confessed judgment in the Superior Court yesterday to Abraham Kalwresky for $1,000. Deputy Sheriff Leibrand levied upon the goods found which are not valued at more than $800 An attachment sued out by A. Donger against Wolf cover $384 60. and this was also against the stock Wolf represented of his creditors few weeks since that he had $5,000 worth of merchandise and over $2,000 in cash H. Letcher & Co. Attachments were sued out in the Supe rior Court yesterday against H. Letcher & Co. in favor of the following parties Rathbone, Sard & Co. $601 30 Edwin Hunt Sons, $308 Thorn Wire Hedge Company $1.020; Naugatuck Cutlery Com pany, $234.68 Chicago and Erie Stove Company $443.26 Letcher & Co are dealers in hardware at Omaha Their store was burned out few days ago, and these parties have caused local offices be garnisheed in order to collect their claims Confessed Judgment. the Andreas confessed judgment in Superior Court yesterday D. H Tolmanf $6,784.79 Andreas map publisher the Montauk Block. His stock levied upon Saturday satisfy the claim of the Butler Paper Company Sold by the Sheriff. The stock of H.S. Carter & Co. furniture manufacturer and dealer. who failed Sep tember 22 was sold by Deputy Sheriff Pot yesterday being realized with which satisfy judgments by confessio amounting to $11,623. Strong's Bank. El H. GREEN BAY Wis., October of the broken Strong's Bank has returned from New York and Toronto having at the latter place had with the fugitive ex-banker Strong. The object of his visit was to attempt the recovery of $5,000 in Chicago, Paul and Omaha lidated bonds which he accidentally learned were deposited with trustee for his (Strong benefit. He note of Strong got attachment the bonds tion Strong got wind of the move about the time the an forwarded Strong back of the trustee receipt in alleged debt to his wite The ances reports ind him his He renewes modestly and quietly ire that sum of deficieccy the receiver's distributions He would proposition and effort that nd if assured the creditors would accept. Fraudulent Failure. October special from BOSTON, Providence savs The failure of Emil Dahlbeimer Co jewelers of Cincinnati caused much excitement among the manufacturing jewelers of this city Attleborough, who appear to have become involved to the extent of $20,000 or $30,000 From the statement of those who know including the manager Dun's Mercantile Agency, it appears that the whole affair is de liberately planned swindle On July 28 last Dahlheimer called at Dun's Mercantile Agency and made showing to the effect that he worth from $20,000 to $30,000 stocks and fixtures, and owed between 4.000 $5,000, his whole indebtedness. He prom ised to substantiate the statement, but failed to do so. He bought mostly plated goods. It reported to have been discov ered lately that he would buy goods heavily here and almost imultaneously sell them out West 10 per cent below cost. The Buchanans. Lour TISVILLE Kr October 8 The affairs of the Newcomb-Buchanan Company are now apparently worse condition than ever. The assignee without money to carry out the trust, and the plan proposed some of the largest creditors to raise the same by system of charges on whiskey in warehouses owned br creditors is 80 strongIt objected to that is not likely to be adopted In this the estate will probably be forced into the Chancery Court, which will make final settlement thing very far in the future and be more costly than if the creditors plac of assessment was adopted. In any case it now appears im possible fer creditors to obtain the whisky on which they have claims without its costing them heavily They are in Canada. DETROIT. October 6. George C. and Andrew Buchanan, members of the whisky firm of Louisville, Ky recently assigned, have been reported to be in Windsor, Ont. Tte men were seen last week, and are now identified as the missing Lquor dealers Rumor save they visited W alker's distillery Valkerville and have been uiring into the Canadian liquor laws and the require It ments necessary to engage in business. is thought they are visiting some of the interior towns, as search to-day in Windsor fails to discover them There no doubt the men have been in Windsor but there present whereabouts unknown