Metropolitan National Bank (Cincinnati, OH)

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THE METROPOLITAN BUSTED

BULLETIN. CINCINNATI, Feb. 6.-The Metropolitan National bank directors passed resolutions after 8 o'clock tonight to suspend. The bank is now in the hands of the government. Vice President J. R. Decamp has been arrested.

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THE METROPOLITAN'S TROUBLE

The Directors Meet and Accept VicePresident Camp's Resignation. CINCINNATI, Feb. 6.-The Metropolitan bank directors held a session this morning at 10 o'clock. Pending the meeting the payment of checks was suspended, and a long line of depositors gathered. In a few minutes, however, the payment of checks was resumed. The directors are still in session and what has been transacted is not yet known, except that Vice President De Camp's resignation has been accepted and Louis Krohn has been chosen in his place. Bank Examiner Sanders is at the bank, but says he IS too busy to say anything for the benefit of the public. President Means, referring to the stoppage of payments, says there was no order for it and that he did not know there was any suspension. He supposes the story must have arisen from some accidental delay at the payers' desk, as no order for suspension was given. There was more than the usual demand upon the Metropolitan bank all day, but at the closing hours it was only $10,000 behind. While bankers agree that the Metropolitan is solvent, the recognized fact is that it could not meet every possible demand during the day, so eight of the banks loaned $25.000 each. Other offers were declined. The objection made to Decamp, the retiring vice-president, was that he had been speculating too much in real estate. Later-The Metropolitan National bank directors passed resolutions to-night to suspend. The bank is now in the hands of the government. Vice-President J. R. Decamp has been arrested. At the close of business to day the directors felt confident of pulling through safely. The united banks had given them $200,000 during the day and voted $50,000 more to help them to-morrow. This evening, however, while the directors were in session, a United States deputy marshal stepped in and arrested the late vice president, J. R. DeCamp. The charges against him were certifying to false state ments of the December condition of the bank. This attracted the attention of the united banks and they at once withdrew the proposition to furnish $50,000, and said they would not help the Metropolitan any more. The directors immediately resolved to suspend and go into liquidation. The affairs of the bank were at once turned over to Government Examiner Sanders. # The next step will be the appointment of a receiver. The trouble is traced to the increase of stock from $500,000 to $1,000,000, the issue being to holders of stock at 20 per cent premium, which was utilized as a surplus fund. A large part of this increase was paid for in notes. The placing of stock in various banks gave rise to suspicion, and to sustain its market status the directors were compelled to buy in considerable quantities. The tight money market at the close of the year forced the bank to carry a load that was too heavy and the other troubles grow out of reports as to the speculation of some of the officers. It is said that other arrests will be made.

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Suspension of a Cineinnati Bank

By telegraph to the Dispatch.] CINCINNATI, February 6.-There was more than the usual demand upon the Metropolitan Bank all day. but at the clearing-house it was only $10,000 behind. While bankers agree that the Metropolitan Bank is solvent, they recognized the fact that it could not meet every possible demand in a day: so eight of the banks loaned it $25,000 each. Other offers were declined. The objection made to DeCamp. the retiring vicepresident, was that he had been speculating too much in real estate. At Toledo to-day two mortgages ou Toledo property were filed-$10,000 each-by John R. DeCamp and by DeCamp & Means to the Merchants National Bank of Cincinnati. 10:10 P. M.-The Metropolitan National Bank directors passed a resolution after 8 o'clock tonight to suspend. The bank is now in the bands of the Government. Vice-President J. R. DeCamp has been arrested.

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ANOTHER CINCINNATI BANK Forced to Suspend Because An Official Was Reckless. CINCINNATI, O., Feb. 7.-There has been trouble in the Metropolitan National bank of this city for some days. Last week Bank Examiner Sanders found that the reserve was much short of what it should be and so reported, the amount of deficit being about $350,000. This was caused by the carelessless of the vice president, John R. DeCamp, who permitted loans to be made on insufficient security. An attempt was made Monday to continue business, but the rush of depositors to draw their funds was too great and business had to be suspended. Later DeCamp was arrested on a charge of misapplication of funds and certifying to false statements. He was bound over in $20,000 bail. Earlier in the day he had been relieved of the bank office. It is believed the bank can pay all its liabilities.

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Closed

The Metropolitan National Bank at Cincinnati suspended Tuesday. The President and Vice President were arrested for the violation of the National banking law. The President was William Means, brother to John Means, of Ashland.

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NATIONAL BANKING

The failure of the Metropolitan National Bank in Cincinnati is complete. It is not as bad a failure as that of the Fidelity, and does not present the same criminal features, but it is very bad and will probably wreck reputations as well as fortunes. Mr. William Means, president of the now defunct concern, was elected Mayor of the city in 1881 on the "reform" ticket, has been prominently connected with large local enterprises and was highly esteemed. He was president of the Duckworth Democratic Club, and an ardent supporter of the Queen City Club, an organization of much higher grade. These connections show his local standing. Vice-president De Camp was a good second to the highly esteemed president. Both men have stood above suspicion. Even now they have not lost the respect of the community, and universal sympathy is expressed for them, but they have wrecked the bank. And they have done it in the usual way-by a gross violation of the legitimate principles of banking involving, of course, violation of the national-bank law. Morally, the wreck of the Metropolitan does not present as bad a case as that of the Fidelity, but in respect of violating the principles of banking and the bank law, they are about on a par. Harper gutted the Fidelity to carry on his big wheat deal, while the officers of the Metropolitan swamped it by loaning money to themselves and the directors for real estate speculations. In both cases it was outside speculation that wrecked the bank. It generally works that way. Banking is not speculating. Cautious depositors will always do well to withdraw their money from a bank whose officers engage in any outside operations. The national-bank law contains very stringent provisions on this subject, in regard to making loans to directors, etc. These provisions are wise and should be strictly enforced. No doubt they are often violated without discovery, but never without risk. Most of the bank failures that occur are caused by outside speculations of the officers and large, unsecured loans to directors, one or both. The officers of the Metropolitan are surprised by the failure. Of course they are. Men who speculate with other people's money do not expect to lose, and it is always a painful surprise to them to discover that they have. It is often a still more painful surprise to depositors. But the national-bank law prohibits all such operations, and prescribes a penalty for its violation. The depositors in the Metropolitan will not lose anything, but if the government insists on a rigid enforcement of the law, it will take some very fine work to keep the able officers of the bank out of its clutches. It is not intended to say that they have been guilty of any intentional fraud or criminal misappropriation of funds, but of a plain violation of legitimate banking principles, and at least a technical violation of a very stringent law.

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Bank in Troub e

CINCINNATI. Feb. 4.-For several days past rumors have been atloat concerning the condition of the Metropolitan National bank and have finally assumed such a serious aspect that the stock of the bank is sold way down. The Commercial Gazette to-morrow willsay: The bank examiner alter a thorough investigation found that the Metropolitan had not its legal reserve n hand by about $150,000. This being brought to the notice of the associated banks an agreement was arrived at to re-discount the Metropolitan's paper to the extent of $200,000 if necessary. The bank has been carrying considerable of its director's paper, but this is said to be gilt edge. On Saturday morning a run was inaugurated on the bank. but it was of short duration. In the alternoon Vice-President Decamp resigned. It is thought that the bank is amply secured now. and President Means, in an interview, says that the Metopolitan Bank is as solvent at any institution in the city.

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PRECE SECOND Bank National Another Cincinnati for the by Closed Government the Law, Banking Violating Vice and The President President propriation Missppropri Charged of the With Bank's Funds. The Used Stock Bank's Collateral of the Loanst Speculain tion DECIDED The Feb. OHIO, have Bank directors CINCINNATIONAL to The suspend. the governARRESTED. passed bank ropolitan is Vice a resolution in President the hands J. R. of DeCamp has Another ment. been arresteer Feb. to the CINCINNATE THE OHIO, has been added It is presi- the sensational Bank William was issued manner. Metropolitan of the bank. Hon. The warrant was not served for Mr. in of arrest dent of this the morning, but Out of Bramet regard notified the issuance after arranged his the usual District O'clock Attorney of the Means to to the go office mind him writ Means, voluntarily and 12 with for Mr. bondsmen in 20'clock. relentless and With with compidenty volumissione cases fresh of the where the proof they the gave governmental transgre decided of the power of a plain causes & leading there has-been this arrest has held for a a numlaw Mr. Means men quite has been as vote, the gensation:mong position of years, served business a term by reputed party mayor ber and elected, not support To in by a procompliment when wealthy he a combir was mmination such to their prominence caused put a of is examinshave the peril man imprisonment There that fairly the and well papers au of the violation bank's of the with tion found teeli biatement thenticated gross books this V banking shows a to officers that such an in It is carried solvency. doing the may the that one law bank. loans have imperil possible been thought bank's to no other extent as time to it is made, not but of because this there speak with for & arrests At this will be certainty, thorough examhas can not been of the time bank's FIRST effairs. -The ARREST silence ination EFFECT OF OHIO, THE Feb. the Metro in the bank brown of CINCINNATICE the tomb morning. structure at locsted called occu- the new United half at The its this Western Banks' stone building outheast streets. and corner by wide ples the and Walnut by it and buildof Third is used eastern jointly half of the Bank. vestibule in Citizens' the National is open this neighbor course, from ing, vestibule, the the of door leading is closed that and plscarded the morning, This Metropolitan but Bank Comp acting into the with the hands of the through the bank of is the in Currency, United States clerks National can A few the door and of Mr. Examiner. glass in the door Bank through the lounges Small groups for geen single watchmsn of the vestibule president. and look of the the people room enter the vacated quarters the lesson power of moment in the read therein overnment. the would a great bank of and the national bank say government this the connected the have with happened arrest if the of the the ex arrest vicenot had not caused It is true to that withdraw their that president. the other banks but mercifully it may be in diof government moved of assistance, acted from the Metropoli- warrant the their money made in not the necessaverting for the charges arrest do possession tan, Mr. Decamp's may be serious in charges the for cover all that More statement of rily of the certifying government. to bank false may be brought condition than of of the the grand jury. the notice BOTH GIVE Feb. BOND. President at CINCINNATI , OHIO, this afternoon Commissioner Means of appeared United States bond for his The appear- charge Doragen office and gave of $20,000. is the misap- the the sum warrant of plication the bank ance against in him of in upwards the of Mr. $200,000 DeCamp also one funds gave bond of for $20,000. THE DIRECTORS 7 SAYS. M'chael WHAT ONE OF OHIO, Feb. of the Metro- the attributes CINCINNATI of the directors the failure to increase crease politan Ryan, Bank, influence of of the the $500,000 sold and debt capital weskening offered He said only was that used $20,000 collateral was of the bank for remainde was offered freely to loans, the thus as the stock thought it best it and again Moveover, sale, the directors value by buying of embaran keep for up its in market time W1B a source interhere rassment. paper publishes in which he bank's save An evening E. L Harper that the on with summer in view he knew last being used of as speculation collateral examstock was the purpose that & bank could estate. how to opinion loans real for knew He added then. examine country iner who that of the violaof of the to-day The have ine-tenths discovered put in prison bankers had been. for grand the could be the law, as jury he has been District distion United States the week to the W. missed for prepare against Mr. Attorney to indictment in the Fidelity bank, cases. The late director to-day. the as same H. Chatfield, WAS nolle that prossequee against Mr. Pogue.

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BANK RECEIVER APPOINTER-The Controller of Currency to-day appointed Jas. McConville, of Steubenville, Ohio, to be receiver of the Metropolitan National Bank, of Cincinnall. He will take charge early next week.

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History of the Bank.

CINCINNATI, Feb. 7. - The Metropolitan National bank was the outgrowth of the old private banking house of J. F. Larkin & Company. It was organized on January 15, 1881. J. F. Larkin was elected president and J. R. De Camp vice president. The capital stock was $500,000, and the bank was located in a modest apartment on the south side of Third street between Walnut and Vine streets. It is said the bank did a large business until the capital stock was increased.

In February, 1882, Hon. William Means was elected president to succeed Larkin. A number of changes also took place in the directory. Of the original board of directors only two, E. N. Roth and J. R. De Camp, were in the bank at the time of the suspension. In July, 1886, the Metropolitan branched out into its new and elegant quarters in the United bank building, at Third and Walnut streets. No bank in the country has more handsome or convenient apartments. The building is very imposing from the outside, while within the work is of the finest description. The interior is of mahogany, while the wood work carving is very artistic.

The bank fixtures are of the costliest and most modern patterns, and all the offices are admirably arranged. The vaults of the bank are the best in the west, both as to construction, safety and appearance. The lower vault is burglar-proof, and both vaults can withstand fire or attack of any kind. Both vaults are secured by Yale time-locks, and the bolt works are of the most massive character.

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The Metropolitan

WASHINGTON, February 10. - The C ptroller of Currency. to-day, appo Ited James McConvill, of Steubenville, to be rceeiver of the Metropolitan National Bank of Cincinnati. He will take charge early next week.

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ANOTHER BANK WRECKED

The Metropolitan National Bank Suspends. The Vice-President Arrested. CINCINNATI, Feb. 7.-The Metropolitan National Bank directors passed a resolutiod after eight o'clock ast night to suspend. The bank is now in the hands of the Government. Vice-President J. R. Docamp has been arrested. There was more than the usual demand upon the Metropolitan Bank all day, but at the Clearing House it was only $10,00 behind. While bankers agreed that the Metropolitan was solvent, they recognized the fact that it could not meet every possible demand in a day, so eight of the banks loaned it $25,000 each. The objection made to Mr. Decamp, the retiring Vice-Presidedt, was that he had been speculating too much in real estate. Facts developing later compelled the suspension of the bank and the arrest of the Vice-President.

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The failure of the Metropolitan National bank of Cincinnati, has led to considerable agitation of the subject by pub ic men in Washington. A prominent member of the house says "that enough care is not exercised in the selection of the men whose duty it is to examine and report upon the conditio n of the national tanks of the country. If these men were competent it does not seem possible that they would fail to discover the crooked condition of the banks. In the case of the Metropolitan bank the books show gross violation of the banking laws in the matter of loans advanced to officers of the bank and others. It is my of inion that something should be done by con gress in the way of curing the abuses which have grown up under our pres. ent national banking laws or else failures or consequent ru'n to the hundreds of innocent depositors will be more frequent in the future than they have been in the past."

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HOW IT WAS WRECKED.

Examiner Sanders Explains the Collapse of the Metropolitan Bank.

CINCINNATI, O., Feb. 18.-Mr. Sanders, government bank examiner, has at last broken silence upon the situation at the Metropolitan National Bank. He said to-day that the bank was ruined by its own policy of making loans upon insufficient collateral, and he verifies the statement made some time ago, that even if the arrest of Vice-President Decamp had not been made, the bank would have been compelled to suspend because the telegraphic orders received the day before the suspension were more than enough to have swallowed up all the money that could have been obtained from the banks of Cincinnati. The examiner says that President Means has paid all his indebtedness which was personal, but there is still a large claim against him as trustee for money loaned to a syndicate engaged in different enterprises. This has not been settled.

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HOW IT WRECKED

Examiner Sanders Explains the Collapse of the Metropolitan Bank, CINCINNATI, O., Feb. 18.-Mr. Sanders, government bank examiner, has at last broken silence upon the situation at the Metropolitan National Bank. He said to-day that the bank was ruined by its own policy of making loans upon insufficient collateral, and he verifies the statement made some time ago, that even if the arrest of VicePresident Decamp had not been made, the bank would have been compelled to suspend because the telegraphic orders received the day before the suspension were more than enough to have swallowed up all the money that could have been obtained from the banks of Cincinnati. The examiner says that President Means has paid all his indebtedness which was personal, but there is still a large claim against him as trustee for money loaned to a syndicate engaged in different enterprises. This has not been settled.

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Another Cincinnati Rogue.

A Cincinnati, O., dispatch of the 24th says: The sensation of the day is the announcement of the arrest of Frank M. Riegel, late assistant cashier of the Metropolitan Bank. There have been rumors for several days that Riegel had skipped. Last evening the newspapers announced that he was in Findlay, O., and printed dispatches saying he was there on business and would return. It was supposed that this would be the end of the talk. On his arrival, however, he was arrested, charged with embezzling $8,000 from the Arcade Building Association, of which he was treasurer. He was also treasurer of other associations, and some rumors put his shortage at $50,000. When Riegel's case was called this morning the court required a bond in the sum of $10,000. It was thought he would easily give it, but his friends advised him that it could not now be done, and he went to jail. Besides the $8,000 orders in the Gooch case, it appears Riegel embezzled $500 of other orders intrusted to him. It also appears that he overdrew his salary as assistant cashier of the Metropolitan National Bank to the amount of $300 two days before that bank suspended. He is likewise charged with having discounted for his own use $7,000 of orders of another building association intended as a loan to Samuel Fine.

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Depositors to be Paid in Full. CINCINNATI, March 30.-Receiver McConville, of the Metropolitan National Bank, announces that on April 16 he will pay in full all depositors who have proved their claims previous to April 5. -

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Lucky Depositors, CINCINNATI, March 30. - The receiver of the Metropolitan National Bank announces that April 16th he will pay in full all depositors who have proved their claims previous to April.

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will Pay in Full

CINCINNATI, March 30.-The receiver of the Metropolitan National bank announces that on April 16th he will pay in full all depositors who have proved their claims prior to April.

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Will Pay in Full

CINCINNATI O., March 30.-The receivers of the Metropolitan National bank announces that April 17th be will pay in full all depositors who have proved their claims previous in April.

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in Wisconsin the other night, ditching seventeen cars.

THERE were well-founded reports at Jacksonville on the 11th of two deaths by yellow fever at Plant City, in the southern part of Florida. Several other cases existed there and strenuous efforts were being taken to check the disease.

MR. MIDDLETON, an Englishman, who killed a gypsy guide in the Madrid Cathedral in self-defense some time ago, has been acquitted.

THE Chicago brewers went on strike on the 12th, caused by the announcement of the employers that they would shut out all union men.

DAVE WALKER, the chief of the Bald Knobbers, was sentenced at Ozark, Mo., on the 12th to be hanged May 18, along with his son Bill Walker and Wiley Matthews. Simmons, the Baptist preacher, got twelve years, Amos Jones twenty-five years and William Stanley twenty-one years.

A CRANK fired three shots from a revolver at the gates of the Elysee Palace, Paris-the President's residence-on the 12th. Upon being arrested he said that he wanted M. Carnot to attend to grievances of which he was the victim.

THE Wood mower and reaper works at Youngstown, O., were destroyed by fire recently. Loss, $250,000; insurance, $80,000. Five hundred hands were thrown out of work.

SILAS BANKS, armed with a Winchester rifle, met the three Monroe brothers-Eben, George and Lemuel-who had revolvers, on the road near Laurel, in Wirt County, W. Va., the other day. The three Monroes were killed. Banks received four wounds, none of them fatal. The cause was a family feud.

AT the hydrographic office in the Maritime Exchange, New York, a report was received that large quantities of ice off Newfoundland coast was rapidly drifting into the steamer routes. Steamers that arrived on the 12th reported great trouble with drift ice and having passed many icebergs.

THE Pope celebrated a special mass in St. Peter's, Rome, recently for 20,000 French, Austrian and Slav pilgrims.

THE Comptroller of the Currency has declared a first and final dividend of 100 per cent. and interest in full, payable on and after the 16th inst., in favor of the creditors of the Metropolitan National Bank, of Cincinnati, the claims proved amounting to $327,940. This bank failed February 6, 1887.

THE Alabama prison inspectors have issued a report in which they make startling disclosures regarding the filthy condition of the State prisons.

MRS. BESSIE G. BULKLEY committed suicide at Washington recently by taking poison. She was the only daughter of Judge Curtis J. Hillyer, and her elopement with young Bulkley some months ago caused quite a sensation.

FOUR tramps beat a switch tender, William Studner, to death at Wood street, Chicago, the other night because he tried to put them out of his house.

THE California House and twenty other buildings at Napere, Wis., burned recently, causing a loss estimated at between $60,000 and $75,000 with an insurance of $40,000, divided between eighteen companies.

ROBERT VAN BRUNT, "Happy Bob," of the Salvation Army, was hanged at Warsaw, N. Y., on the 13 h for the murder of his sweetheart's half brother.

On the application of David Goodman, Judge Bookstaver, of the Court of Common Pleas, New York, has granted an order for the appointment of a receiver for the firm of Kiralfy Bros., the well-known scenic opera managers.

JOSEPH LUCHTE, a farm owner living at Brookville, Ind., in trying to shoot his tenant, killed his son, aged fifteen, the revolver's muzzle being knocked aside.

MES. BIRD and her babe were burned to death in their home in Florida, Orange County, N. Y., the other night.

By the explosion of two boilers at Pelahatchee, Miss., recently three men were killed.

FIRE on a tramp steamer being unloaded at Brooklyn wharf the other day caused $100,000 damage to the pier and its contents. The vessel was scuttled.

A CONSTRUCTION train on the Kansas City, Memphis & Birmingham railroad was wrecked eighty miles west of Birmingham, Ala., recently, and four workmen were killed, one injured fatally and nine others seriously hurt.

THE AMERICAN EXCHANGE (Henry F. Gillig, manager), so well known to travelers in Europe, has suspended with liabilities of $4,000,000. A provisional manager was appointed in London pending the liquidation of the concern.

BUSINESS failures (Dun's report) for the seven days ended April 12 numbered for the United States, 200; Canada, 22; total, 222; compared with 227 the previous week and 175 the corresponding week of last year.

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A Cincinnati Bank Reorganized

The stockholders of the Metropolitan National Bank, of Cincinnati, which, by order of the comptroller of the treasury. has been in the hands of a receiver for several months, met on the 24th. Receiver McConville made his report and turned the bank over to the directors and stockholders. Of the latter forty were represented in person or by proxy. The receiver reported: Good assets, $415,000; doubtful assets, $576,000; worth-

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PRICE ONE CENT sea

lost ia Thirteen killed at Flaverhill bridge over the Merrimac on Boston and Maine railroad. 12 Blizzard in the northwest Immense damage done: many frozen to death 17. E C. Walthall re-elected senator from Mississippi. 18. Norwegian bark Freidas sunk in collision with British steamer Toronto off Ireland; 13 drowned. Court Clerk Irion, of Birmingham, Ala., defaulted in $20,000. 19. Hatfield-McCoy row. 22. Fourteen burned to death at Tower, Mipn. 23. Charles O'Brien, cashier, and Elmer E. Morse, bookkeeper, Albany First National bank, defaulted in $200,000. 21. Colliery explosion at Wellington, B. C.:25 killed. 25. United States Senator Wilson, of Iowa, reelected. 25, 25 Great storm on the Atlantic coast. 27. Deficit of $350,000 alleged in the accounts of the late government of Manitoba. FEBRUARY. 1. Twenty two drowned in wreck of the British bark Absacom near mouth of the Columbia river. 5. White Cap outbreak in Indiana 7. Failure of the Metropolitan National bank, Cincinnati, President Means, Cashier Harper and others artested. 8. Murder of Amos J Snell, Chicago. (Tascott case). Henry Reece, cashier Continental hotel, Philadelphia, defaulter in $60,000. 11. James Albert won six-day go-as-you-please walking match New York, breaking world's record. 17 Two Americ . ships ordered to Tangiers, Morrocco, to Lettle row between the sultan and the United States consul. 19 Tornado a Mt. Vernon, Ills. 21 killed. of 2b Twenty-five killed by explosion of boiler steamer in the United States of Colombia. 29. Mackay and Flood quarrel over losses in wheat and dissolve partnership 27. Forty lost by explosion of a ferryboat at Val. lejo, Cal MARCH. 1. International railway connecting Mexican Central with Southern Pacific opened for business. 8. Discovery of graveyard insurance scheme, Charleston, S. C. 4. Erastus J. Jones, ex treasurer of Dauphin county, Pa., defaulter in $61,000. 11. 12,13. Famous blizzard along the Atlantic coast. Great damage done, railroads blocked, many frozen to death, many shipwrecks. 16. Gen. Adam Badeau brought suit against Mrs. Grant for compensation for assistance in preparing Gen. Grant's Memoirs. Settled late in the year. 17. 19 killed on Savannah, Florida and Western railroad, near Blakshear, Ga. 18. Confession by a member of the Missouri Bald Knobbers. 20. State Treasurer Tate, Ky defaulter in $250,000. 22. Blizzard in the northwest. 25. Tornado destroys town of Ninnescab, Kan. 27 Terrible floods in Germany and Hungary: floods in many parts of the United States: many lives lost and much damage done. President Close and Cashier White of the State National bank of Raleigh, N. C., defaulted in $73,000. 29. 30 miners killed by explosion at Rich Hill, Mo. Capt. Pau! Boyton adrift all day in the ice of Lake Michigan. APRIL. 1. Diss Debar Marsh spiritualistic sensation, New York, in full blast. Secretary Bayard expressed dissatisfaction with the conduct of Germany in Samoa. 5. Twelve killed in railroad accident at Newhamp ton, Ohio. 6. Gen George Crook nominated for major general in place of Gen. Terry. Col. John R. Brooks made brigadier general in Crook's place. 13. Failure of the American exchange in London; Henry F. Gillig general manager; liabilities, $4,000,000. 18. Eighteen burned to death at Celaya, Mex., by the burning of a stand for spectators of a bull fight. Senator Stanford's racing stables burned at Palo Alto, Cal. 23. Thos. Tunstall of Mobile, Ala., made United States consul to San Salvador. 24. John H. Murphy, confidential clerk of Dr. Daniel Gray of Holmesburg, Pa., defaulted in $27,000. 27. Gen. Joseph E. Johnston admitted to contributory membership by Gen. E. D. Baker Post, G. A.R. 29 Ship Smyrna sunk in collision with steamer Moto off Isle of Wight. Thirteen drowned. MAY. 1. Assistant Cashier De Baun, of the Park Na tional bank, New York, defaulted in $95,000. 2. Ten thousand dollars stolen from registered letters near Harrisburg, Pa. 3. Fifteen banks failed in Buenos Ayres. 6. Cloud burst near Maize, Kan., causing flood which swept the house and entire family to a watery death. Explosion of a carload of dynamite at Locust Gap, Pa. Eight killed. 12. Train robbery at Aguazarca, A. T. 13. High water along the Missouri and Red rivers. Several lives lost. 18. Methodist general conference created an order of deaconess for charitable work. 22. Rev. John H. Vincent and Rev. James M. Fitzgerald made bishops by the general Methodist conference. 23. Rev. J.C. Joyce made bishop by the general Methodist conference. Randall L. Gibson elected senator from Louisiana. 24. Dr. John T. Newman and Rev. Dr. Goodsell made bishops by the general Methodist conference. Corner stone of the now Roman Catholic university laid at Washington. 25. Rev. J. M. Thoburn elected bishop of India by the general Methodist conference. Exciting discussion of the negro question at the general assembly of the Preshyterian church in Philadelphia. 26. The southern assembly of the Presbyterian church decided against Dr. Woodrow and his evolution theory. 23 Destructive storms throughout the United States. Enormous losses. 29. General assembly of the southern Presby terian church decided against organic union. 30. E. D. White elected senator from Louisiana. JUNE. 3. White Cap outrages in Indiana. 4. Gen. William B. Francklyn named commissioner of the United States to the Paris exposition; Somerville B. Tuck, assistant commissioner. Eighteen killed in a railroad accident near Tampico, Mexico. Eleven burned to death at Rockdale, Tex. 6. E. L. Lichtenstein, Wilmington, Del., defaulted in $33,250. 8. Steam yacht Gleam run down in the Patapace river by steamer Joppa; M. T. Harrison Garrett, of Baltimore, drowned. Rev. Dr. Layton Coleman made Protestant bishop of Delaware 16. Train robbery at Muscogee, L T. 17. Train robbery near Junction City, M.T. 18. Mme. and Gen. Diss Debar sentenced to the penitentiary for six months. 22. Disastrous floods in Mexico. Many hundreds drowned. 21. Holbrook, A. T. nearly destroyed by fire.

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THE WEST

THE Park National Bank, of Chicago, has suspended. JOSIAH POTTS and Elizabeth Potts, man and wife, were both hanged together at Elko, Nev., for the murder of Miles Fawcett in January, 1888. Both died protesting their innocence. AN awful tornado visited Illinois on the afternoon of the 20th. In the vicinity of Earlville twenty-five lives were lost. Four were killed at the village of Sublette, south of Dixon. At Cornell much damage wasdone and four persons were fatally injured. THE golden jubilee of St. Navier's Jesuit College at Cincinnati closed on the 22d. At mass all the officiating clergy were graduates of this college. In the evening Archbishop Elder, assisted by visiting priests and bishops, celebrated pontificial mass. THE National Farmers' Alliance and Industrial Union will hold its next annual meeting in St. Louis in December. THE employes in the Union Pacific machine shops along the line from Pocotelo, Idaho, to Portland, Ore., have struck on account of a reduction in their wages. THE town marshal of Haughville, near Indianapolis, Ind., was recently fatally wounded by a turbulent negro. THE indictments against J. M. Means and J. R. De Camp, former officers of the Metropolitan National Bank, of Cincinnati, have been nolled in the United States Court upon motion of the United States district attorney. This ends all criminal proceedings against them growing out of the bank failure. MILLIE ALLMET, aged sixteen, was burned to death near Jeffersonville, Ind., while lighting a fire with coal oil. IT is stated on apparently good authority that thecensus returns show a population for Minneapolis of 210,000 and for St. Paul of 159,000 in round figures. THE entire business part of Cerrillos, N. M., fifty miles north of Albuquerque, was destroyed by fire. Loss, $100,000. FOREST fires are raging near Ward, in Boulder County, Col. Immense damage to forest and ranchmen has been done. The fire is beyond control and several mining properties are threatened with destruction. THE workmen in the stone quarries at Joliet, Ill., have renewed their strike. Four of them were arrested for refusing to disperse when ordered to do so by the sheriff. THE Bank of Hartford, Wis., has suspended. DES MOINES. Iowa, claims a population of 53,000; Dubuque, 40,000; Sioux City, 35,000; Cedar Rapids, 28,600; Davenport and Burlington, 30,000 each, and Marshalltown, 10,000. DETROIT is estimated at 197,000. MILWAUKEE'S population is 235,000. CLEVELAND, o., has 248,000 people. INDIANAPOLIS computes its population at 125,000. Two small boys were drowned in St. Louis bay, West Superior, Wis., while playing recently. THERE were six cases of sunstroke in Chicago on the 24th.