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Runs ou Savings Banks. OMAHA, Neb, June 13.-The American National bank is in the hands of the comptroller. J.L. McCague, is president and it is supposed that the American National connection with McCague's savings bank, which failed yesterday, caused its downfall. There were heavy runs on all the savings banks here this morning.
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BETTER FINANCIAL OUTLOOK. A General Feeling That the Worst is Over, Few Small Failures. WASHINGTON, June 13.-The financial condition of the country as viewed from a Treasury standpoint shows general improvement. Bank and commercial failures are fewer, Europe is buying our grain in greater quantities, gold shipments have ceased, at least for the present, confidence is being restored and money is not so tight. The Treasury net gold has increased from $89,000,000 to $91,300,000. and the demand for small money in the West will have the effect to further increase the Treasury gold. The rate of exchange is sufficiently high to warrant the shipment of gold abroad. but the fact that commercial paper is for sale in London has a deterrent effect. There is a general feeling that the worst is passed. the weaker financial institutions and business firms having suecumbed, while those that passed through so far unseathed are the stronger for having weathered the financial storm. More Bank Troubles, SALT LAKE. UTAH, June 13.-The Park City Bank suspended yesterday. The liabilities are $130,000; assets as much. A claim is made that the bank will shortly resume. The assignee says that the depositors are to be paid 80 cents on the dollar. OMAHA, NEB. June 13.-The American National Bank is in the hands of the comptroller. J. L. McCague is president, and the supposed American National's connection with the McCague Savings Bank, which falled yesterday, caused its downfall. There are heavy runs on all the savings banks here this morning, WASHINGTON June 13.-The Comp= troller of the Currency has appointed Joseph W. Bennett receiver of the Oglethorpe National Bank of Brunswick, Ga.
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Another Bank Fails. By Southern Associated Press. OMAHA, Neb., June 13.-The American National Bank is in the hands of the Comptroller. J. L. McCague is President and it is supposed that the American Nationals connected with the McCague Savings Bank which failed yesterday caused its downfall. There are heavy runs on all Savings Banks here this morning.
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Claims of $80,000. MOUNT VERNON, Ohio, June 14. -The Chicago Brownstone Company, engaged in extensive quarrying in Knox county, was placed in the hands of a receiver today. The claims against the concern amount to $80,000. A Run in New York. NEW YORK, June 14.-Up to 3 o'clock this afternoon, $50,000 was withdrawn by depositors from the Irving Savings Institute. The officials declare there is no cause for alarm, as the surplus exceeds the deficiency over $600,000. Couldn't Find Aid, TOLEDO, O., June 14.-The Exchange Banking Company of Weston, capitalized at $50,000, closed its doors today. The bank had a heavy run, and was unable to obtain assistance. Citizens' Bank Suspends. INDIANAPOLIS, Ind., June 14.-The Citizens' Bank of Fairmount, Ind., has suspended operations owing to the strihgency in the money market. The capital stock is $50,000. Trouble Over at Omaha. OMAHA, Neb., June 14.-Runs on the Omaha savings banks subsided this morning, almost as quickly as they began yesterday. There were a few depositors at the Ohama Savings bank demanding their money but it became apparent that the rush was over and the anxious ones left without*taking their cash. Hard Up But Solvent, NEW YORK, June 14.-It is stated the Chicago dry goods house of James H. Walker & Co., has been forced by the stringency in the money market to secure an extension from its creditors on bills aggregating $600,000. The concern is declared perfectly solvent.
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# A SILLY SCARE ENDED. OMAHA, June 14.--The runs on the Omaha savings banks subsided this morning almost as quickly as they began yesterday. A few depositors appeared early, but as soon as it became apparent the rush was over the anxious ones left without taking their money.
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Bank Run Over OMAHA, June 14-The runs on the Omaha savings banks subsided this morning almost as quickly as they began yesterday. A few depositors appeared early, but as soon as it became apparent that the rush was over the anxious ones left without taking their money. There are no new developments regarding the suspended bank.
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ABBREVIATED TELEGRAMS. The runs on the Omaha Savings banks have ceased. The Cunarder Servia ran down the ship A. MacCallum, sinking her, but saving twenty-four of the twenty-six on board. Evans, the companion of the desperado Sontag, has also been caught. He was wounded in the fight. Mrs. Philiph Kerd, wife of a well-to-do farmer near Pleasant Hill, W. Va., went insane and murdered her four children, two by poison and two by throwing them into a well, completing the tragedy by killing herself. The Lake county (O.) bank of Aaron: Wilcox & Co. has suspended temporarily. The present United States flag was adopted as the national ensign June 14, 1772, so Wednesday was the 116th anniversary of the event. Sontag, the California bandit, is, by his true name, John Contant, 32 years old, and was born in Mankato, Minn., where his stepfather keeps the Sontag hotel. Dr. James McCann, one of Pittsburg's prominent physicians, died from blood poisoning contracted while performing an operation. Every business house in Alba, Mich. except the Exchange hotel and town hail, was burned. The Iron Company bank, of Crystal Falls, Mich., has resumed business. The British house of commons has finally passed the third clause of section 1 of the home rule bill, which has been under debate since May 30. These officers have been elected by the Illinois convention of the Patriotic Order Sons of America: G. B. Smith, of Chicago, president: J. E. Aldrich, of Pullman, vice president; W. A. Saunders, of Chicago, secretary. Obituary: At St. Paul, Mrs. Caroline Warren Merritt, wife of General Wesley Merritt. At Cleveland, Mrs. Martha Haworth, mother of Joseph Haworth, the actor, aged 72. At Havana, Senor Carlos Navarreto, the Cuban poet. Large swarms of locusts have put in an appearance in Pettis county, Mo. Plumbers in session at Milwaukee are speaking our against the "plumber" joke which is such a staple article in the newspaper humorous column. Postmaster Woolley, of Long Branch City, N.J., has disappeared. He is short over $2,000 and his wife offers to make it good.
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FINANCIAL CRIPPLES. An Indiana Bank Suspends-Run on a Gotham Bank. INDI ANAPOLIS. June 14.-The Citi zens' bank, of Fairmount, Ind., has suspended operations owing to stringency in money markets. Capital stock, $50.000: assets, $101,000; liabilities, from $130.000 to $150,000. NEW YORK. June 14.-A run was started on the Irvings Savings Institution this morning as soon as the doors of the place at No. 96 Warren street were opened. Treasurer M. B. Latimer said the bank had on hand a million dollars and could get that much more if necessary, at a moment's notice. This is the bank in which Superintendent of Banks Preston, of the state of New York, discovered a deficiency of $70,800. Up to 2 o'clock $50.000 had been withdrawn by deposits from the institution. The paying teller was paying the depositors slowly. At 2 o'clock there were about a hundred depositors in line. The officials declare there is no cause for alarm, as the surplus exceeds the deficiency by over $600,000. PAINE. = LLE. O., June 14. - This morning the Lake county bank of Aaron, Wilcox & Co. posted a notice on its doors as follows: This bank has suspended temporarily, being unable to meet the run on it at present, owing to the stringency in the money market. All depositors will be paid in full." The personal estate of the stockholders is liable for the indebtedness, in all amounting to several hundred thousand dollars. The bank is believed to be solvent. It was organized twenty years ago, and has always been considered a sound institution. TOPEKA, Kan., June14.-State Bank Commissioner Briedenthal, who has recently made an examination into the affairs of the Bank of Burr Oak. which failed last Saturday, declares the man ager, Hurlbert, of the bank conducted its affairs in such a manner as to send him to the penitentiary. Hurlbert disappeared the day after the failure, leaving a wife and two children bebind, and cannot be found. Commissioner Breidenthal says Hurlbert has made false statements to the bank commissioner. The bank's deposits amount to $45,000. and, although the assets on their face show a value of $54,000, they are nearly worthless. and will net the depositors nearly 20 cents on the dollar. OMAHA, Neb., Jane 14.-The runs on the Omaha savings banks subsided this morning almost as quickly as they started yesterday. Early there were a few depositors at the Omaha Savings demanding their money, but as soon as it became apparent that the rush was over the anxious ones left without taking their cash. RIVERSIDE, Cal., June 14,-The doors of the Riverside Banking company failed to open at the usual hour today. The following sign was displayed on the door: "This bank is closed under instructions. Depositors will be paid." MOUNT VERNON, O., June 14. -The Chicago Brown Stone company. engaged in extensive quarrying in Knox county, has been placed in the hands of a receiver. Claims against the concern amount to $30,000. CLEVELAND, June 14.-The Baackes Wire Nail company has made an assignment. The inability to raise money to meet maturing paper was the sole cause of the failure. Liabilities of the company are only $225,000, and the assets reach $900,000. WESTON, June 14. - The Exchaneg Banking company. of this place, closed its doors this morning. The bank has had a run and was unable to get help, and the airectors decided it to the best interests to close. The directors have notified depositers that they will probably receive dollar for dollar.
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Banks and the Time Rule, PROVIDENCE, R. L. Aug. 1.-The People's. Merchants'. and Mechanics' savings banks have decided to enforce the ninety-day rule. The three savings banks in Pawtucket posted notices to-day that they would enforce the ninety-day rule. DANBURY. Conn.. Aug. 1.-The Danbury and the Union savings banks of this city now require ninety days' notice from depositors. BOSTON, Aug. 1.-The Franklin Savings Bank now requires sixty days time for the withdrawal of more than $50. PORTSMOUTH. N. H.. Aug. 1.-The directors of the savings banks have availed themselves of the right to insist on a ninety days' notice before paying out larger sums than $50 to any depositor. OMAHA. Aug. 1.-At a meeting of the Presidents of the Omaha savings banks this morning it was resolved to require sixty days' notice for the withdrawal of deposits. AUBURN. N. Y., Aug. 1.-The two savings banks of this city have decided to demand sixty days' notice. BRIDGEPORT. Conn., Aug. 1.-The four savings banks in this city have decided to take advantage of the ninety days' clause.
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TELEGRAPHIC BREVITIES. The cruiser New York was put in commission yesterday. The Seven Corners, Minnesota State bank, with a capital of $100,000, has failed. William Hunt has been appointed postmaster at Clearmont, Wyo., vice Stone, resigned. The Wyandotte County bank at Upper Sandusky, 0., has suspended. Assets, $100,000; liabilities, $75,000. A receiver has been appointed for the Philadelphia Packing and Provision company. No statement, but the failure is a large one. A receiver has been appointed for the Demme & Dierkes Furniture company of Chicago, with assets of $400,000 and liabilities of $120,000. The officers and directors of all the savings banks at Cleveland, 0., have decided to require of depositors notice before withdrawal of funds. At a meeting of the presidents of the Omaha savings banks this morning, they resolved to require sixty days' notice for the withdrawal of deposits. An order has been issued at the war department detaching Captain Carpenter and troops under his command from further duty at Puyallup Indian reservation. Patents were issued yesterday to John M. Browning, of Ogden, for a breechloading gun; to Lyman E. Baldwin, of Lander, Wyo., for a stovepipe attachment. The Safe Depositor & Trust company of Denver assigned last evening. Assets $400,000, liabilities $100,000. Eastern creditors caused the assignment by pushing the concern. At Utica, o., Monday night, John Cattle, two men named Bell, two others named Bowers and Skillen, were killed and Joseph Ship fatally injured by the explosion of a threshing machine.