288701013 28870
national
e00c665976ee3d91Full suspension, Books examined
Other: Comptroller appointed a receiver (M. L. Bundy); receiver opened doors and issued receiver's certificates—i.e., receivership imposed rather than borrowing or recapitalization.
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A Rumor Causes a Run. HOT SPRINGS, Ark., 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 Brown. The liabilities are $40,000. A run has also commenced on the Arkansas National bank, which is understood to be in good condition. There is great excitement.
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FRED AND JESSE GRANT. NEW YORK, May 27.-Individual schedules in the assignment of Frederick D. Grant and Jesse R. Grant to James McNamee were filed in court today. The schedule of Fred D. Grant shows liabilities amounting to $2,215,066, made up as follows: Creditors, other than preferred. $820,300; creditors, preferred, $243,960; contingent liabilities, $10,000; par value of securities borrowed from Grant & Ward, $1,140,800; assets nominally worth $1,990,018; actual worth unknown. Among his creditors are the Fourth National bank, $40,000; United States National bank, $65,000; United States Trust Co., of New York, $100,000; National Bank of the Republic, $40,000. Among the creditors preferred are Henry F. Shoemaker, $125,000; Ulysses S. Grant, $5,000; Thos. B. Medary, $15,666; Mary J. Cramer, $7,300; Mrs. Benj. L. Honore, $10,000, Mrs. Virginia G. Conbin, $25,000; Mrs. Frederick D. Grant, $6,000; C. M. Garrison, $5,000; all without security. The assets of Mr. Grant are stated as follows: Balance cash on deposit with Ward & Grant, bankers, as per bankbook, nominal value $533,763, actual value unknown; deposited with Grant & Ward, bankers, on account of margins on purchase of 300 shares of Illinois Central stock, nominal value $5,000, actual value unknown; deposit with Ferd. Ward on account of joint purchase of real estate property in Harlem, $6,250; also loans and deposits with Grant & Ward, between March 1 and April 19, aggregating $1,450,000. The schedules are accompanied by an affidavit of Fred D. Grant, in which he swears to his best Information, belief and knowledge that the schedule is true. The schedule in assignment of Jesse R. Grant shows debts and liabilities $95,429 and assets nominally $131,150. The creditors of Jesse Grant are Mrs. W. 8. Chapman, $5,000, moneys deposited, no security. Creditors preferred: Henry F. Shoemaker, $50,000; Mrs. H. A. Hopper, $15,000; John Wesson, $10,000; Thos. H. Bailey, $15,000. Assets stated BB cash on deposit with Grant & Ward, $113,950; contract with Grant & Ward due May 15, 1884, $18,000. Jesse Grant makes affidavit that he is unable to state the actual value of his assets because Grant & Ward had failed and their property is now in the hands of a receiver and no schedule has been made showing the assets of the firm. RUNS ON THE HOT SPRINGS BANKS. LITTLE ROCK, May 27.-The Democrat's Hot Springs special says the Hot Springs National bank closed itsdoors owing to a run on the bank, caused by the reported absence of President Andrew Brown. Liabilities, $40,000. A run commenced on the Arkansas National bank of Hot Springs, which in understood to be in good condition. There is great excitement at Hot Springs. This afternoon a warrant was issued in Hot Springs for President Bruon. He is charged with falsifying the bank's accounts, but he could not be found. One of the directors has telegraphed to him. The bank's assets, properly handled, will pay all deposItors without an assessment, but leave the stockholders nothing. The Arkansas Valley bank is all right. It has been learned that Bruon arrived in Little Rock on Friday, but was not seen by his acquaintances till to-day, when he bade good-bye to M woman named Steele, who went north on the afternoon train. Bruon is married, but the Hot Springs Gazette
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Bank Failure at Hot Springs. LITTLE ROCK, Ark., May 28.-A Hot Springs special says the Hot Springs National bank closed its doors, owing to a run on the bank caused by the reported absence of President Andrew Brown with a balance to his debit of $40,000. The run commenced on the Arkansas National bank, of Hot Springs, which, it is understood, is in good condition. There is great excitement at Hot Springs.
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Suspension of Western Banks. NEW YORK, May 27.-Despatches received by Bradstreet's state that the Hot Springs Na tional bank of Hot Springs, Ark., suspended to-day. The bank had a capital of $50,000 and deposits subject to check of over $100,000. A run also occurred on the Arkansas National bank of the same place. The bank has a capital of $50,000 and on March 7 claimed a surplus of $2,500. The Baxter bank, R Crowell proprietor, at Baxter Springs, Ks., has suspended. Liabilities about $50,000. Ward to he Arrested on Criminal Charges NEW YORK, May 37.-A warrant for the arrest of Ferdinand Ward under criminal charges was served to-day on an affidavit by Bank Examiner Soriba charging him with conspiring with President Fish to damage the Marine bank to the extent of $378,000. As Ward is now under arrest in a civil suit the warrant will probably be not served until it has been settled, when it will be turned over to the United States authorities. Hatch Succeed
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says that 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 Bruton. Its liabilities are $40,000. A run has commenced on the Arkansas National Bank, Hot Springs. which is understood to be in good condition. There is great excitement at Hot Springs.
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TELEGRAPHIC BREVITIES. All accounts indicate that thus far the crop prospects are wonderfully good in Manitoba and the Northwest. The Kennebec Journal authoritatively denies that Senators Hale and Frye are opposed to Blaine's nomination. Gewitsch & Sons, an old leather firm of Vienna, has failed for 2,000,000 florins. Five other leather firms suspended in consequence of this failure. The African Methodist Episcopal General Convention at Baltimore Monday refused to strike from its discipline the admonition against the use of tobacco. The Hot Springs (Ark.) National Bank has closed its doors, owing to a run on the bank caused by the reported absence of President Andrew Brown. The liabilities are $40,000. It is reported that Representative James of New York has written to the President, recommending the appointment of Frank Sperry to the Chief Justiceship of Alaska. Sperry is Secretary Folger's private secretary. It is stated that several informal conferences have lately been held between the Democrats in the House and the Republicans in the Senate, by which an understanding may be reached to adjourn Congress about July 1st. Reports from a thousand correspondents of the National Press and Bottler's Advocate, of New York, from all parts of the United States in regard to the fruit crop, say the apple crop is the largest ever known. The prospect for a very large crop of small fruits is very good. The Boston Transcript says it is understood that the Union Pacific Railroad Company has agreed with the Government that no July dividend shall be paid, and that the Government, in consideration of that agreement, will not force the immediate payment of more funds, by the railroad company, into the Government treasury. The Secretary of the National Millers' Association is summarizing replies to 3,000 circulars of inquiries, sent to the milling fraternity and others. The reports show that the outlook of the wheat crop, as compared with the same time in 1883, is very promising, taken as a whole, with indications that the yield for 1884 will approximate that for 1882.
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Broken Banks and Brokers. The directors of the broken Penn Bank, at Pittsburg, yesterday discovered overdrafts to the total amount of $337,000, or $7000 in excess of the entire capital and surplus of the bank." Of the overdrafts $240,000 are on the account of "D. Wilson & Co.," a firm unknown in Pittsburg, but " supposed to represent the accounts of number of persons lately operating on the wrong side of the oil market." The individual schedules in the assignment of Frederick D. Grant and Jesse R. Grant were filed yesterday in New York. The schedule of F. D. Grant shows liabilities amounting to $2,315,066, and assets nominally $1,990,013, but of which the actual value is unknown. The schedule of Jesse R. Grant shows liabilities of $95,429, and assets of the nominal value of $131, 950. The liabilities of Strang's Bank, of Green Bay, Wisconsin, which suspended on Monday, are reported at $340,000, the assets at $350,000. " It is stated positively that not less than 75 per cent. will be paid on all claims." The concern is a State Bank. Inge & Mahone, extensive tobacco dealers of Petersburg, Virginia, have made a deed of trust for the benefit of their creditors. The junior member of the firm is the oldest son of Senator Mahone. F. A. Hawley & Co., bankers of Boston, who failed recently, will make a statement to their creditors to-day. It is understood they will report $25,000 of assets against more than $300,000 liabilities. The Hot Springs National Bank, of Hot Springs, Arkansas, failed Tuesday after a run caused by the reported absence of its President, Andrew Bruon. Its liabilities are only $40,000. The celebrated Lithla water from Farmville Springs. Virginia, in quantity to suit. -
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HOT SPRINGS. HOT SPRINGS, May 29.-[Special.]-A special government agent arrived this evening to examine the affairs of the Hot Springs National bank, and depositors are less gloomy than at any time since the failure: assurances having been extended of a probably full settlement. Bruon, the defaulting president, has not yet arrived. The feeling against him is very strong, but no violence is apprehen ded. ST. LOUIS, May 29 - -Deputy United States Marshal Faikerburg and Chief of Police Toler, of Hot Springs, arrived here this morning with warrants for the arrest of Andrew Bruon, president of the suspended Hot Springs National bank, and Mrs. G. W. Steel, who accompanied him. This afternoon they were taken before a United States commissioner and information filed against them. the former being charged with embezzlement and the latter with aiding and abetting him. Bruon's bond was fixed at $10,000 and that of Mrs. Steel at $2.500, which neither could furnish. A warrant of removal was then applied for and the prisoners will be taken back to Hot Springs by the officers.
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A BANK CRASH. The Pe ple of Hot Springs Startled by a Financial Flurry. LITTLE ROCK, May 28.-The Demcrats Hot Springs special says the Hot Springs National bank had closed its doors owing to a run on the bank caused by the reported absence of President Andrew Brown. Liabitities $400,000. A run also commenced on the Arkansas National bank at Hot Springs, which is understood to be in good condition. Great excite. ment prevails at Hot Springs. LITTLE ROCK, May 27.-This after noon a warrant was issued in Hot Springs for the arrest of President Bruons, charged with falsifying the bank's accounts, but he could not be found. One of the directors telegraphed the bank assets properly handled, will pay all depositors without assessment, but leave the stockholders nothing. The Arkansas Valley bank is all right. It has been learned that Bruon arrived at Little Rock last Friday, but was not seen by any acquaintances until to-day. when he bade good-bye to a woman named Steele, and went north on the afternoon train. Bruon is married, but the Hot Springs Gazette says it has been discovered that he became infatuated with another woman and abandoned his wife for her. No effort was made here for his arrest.
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He confessed the crime Sunday night last, and was taken into Court without public knowledge and sentenced to the State Prison for life. Then he was put into a close carriage and driven across the country to Jackson. These precautions were taken to avoid lynching. Prentice Teller, the express robber, pleaded guilty in St. Louis last Tuesday, and was sentenced to five years' imprisonment in the Penitentiary. The New York State Knit Goods Association will send out a million circulars on the first, requesting all manufacturers to agree to a total stoppage for sixty days from June 15th, and on the second to ask consent to a thirty days' cessation, the proposition receiving the largest number of signers to be adopted by the Association. Earnings of the Northern Pacific for the third week in May, $288,000. Actual gross earnings of the road for the month of April, $1,441,514.68. The body of Nellie D. Cooly, a wealthy heiress, who disappeared mysteriously from her home in December last, has just been found in the Susquehanna river, three miles below Nanticoke. The Mexican Government is endeavoring to negotiate a loan of $20,000,000. The apple crop of the United States, this year, will be the largest ever known, but there will be only half a crop of peaches and pears. The small fruit crop will also be large. The Hot Springs (Arkansas) National Bank has suspended. A warrant is out for the arrest of its President, who falsified the bank's accounts. In the notorious divorce case, Sharon testifies that he paid Miss Hill $7,500, in full of all claims, after paying her $500 for years. The receipt was stolen from his room. Heavy wheat growers of Dakota are enthusiastic at the success of their steam plowing experiments. An average of 25 acres per day can be plowed at a cost of $1 per acre. A second party of Mormon converts --numbering 272-landed in New York Tuesday. Nearly all are married. A false rumor that Secretary Linf coln was killed was circulated in Washington Tuesday. Congress will soon consider a measure to continue the annual subsidy of 5 $40,000 to the Australian mail service to and from San Francisco. d The National Greenback Convenn tion met at Indianapolis to-day Over 600 delegates were present. General Butler is to be their nomibe nee for President, and General West of Mississippi, will doubtless be the choice for Vice President. The San Francisco delegates to the Democratic State Convention have been instructed for Tilden and against Field. r n There is no probability of a conflict in the Louisiana parishes.
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IN GENERAL. Large supplies of war munitions are being forwarded from England to Quebeo, and the first consignment arrived Monday. Gen. B.F. Batler has begun suit the company in Quidneck for legal Previdence, against for $25,000 services. The case will come up in the U.i ed States court on June 15tb. The HotSpitog National Bank of Springs, d by Ark. the failed Tuesday, after Hot cau reported absence of its president, Andrew Bruon. Its liabilities only $40,000 During the progress of holiday and 150 at grand injured, Chatham, stand several fell Ontario, Monday, persons games were the seriously The injuries consisted mainly of broken legs, arms and riha Tab U iled State Conanl at Maricaibo has to Biath department a a deoree sent the issued copy of by the late president Bla CO, oremation of corpsee of of the tizuela, Guzman yellow ordering fever viotims value of our mercha' The total dise for exports of the 12 months which ended April was months $811,679,331, and for the 12 $750,715,340, preceding a decrease of $60,963,991 the last year Lowell, a son of Loweil George of Emerson United Judge the States circuit a of Boston, committed on Monday It eide and in resident Buffalo morning court, suisupposed he was ineane. He was only 21 years of age. The liabilities of Strang's Bank which on are reported at It is stated Green assets Monday, at Bay, $350,000. Wisconsin $340,000, suspended the of less than 75 per cent be that paid not all claims. positively will on The concern is state bank. of ) The body of Nellie B. Coole ,&u heiress 0 who dieappeared mysteriously d home last D in the found river in Tue Wilkesbarre day Suequehanna comber, from was her n Dear She was to and fita of melancholia, Nanticoke. probably subject committed enicide. 8, d very thunder storm n over of the St. Croix A the Section heavy passed river, 10 Me., Saturday evening. Ten 0. in Grand Lake were by and senseless One raft of child logs lightning severly men knocked burned. on was fatally hurt and four 8, others were more or less seriously inD, jured. t. The eigbteenth annual of the he Union Universal Peace began meeting Monday th in Washington, Altred H. Love of Philaon presiding. Letters ut S. Parnell, the Iriah ad O'Neil of deiphia, from Congressman Charles were leader: read se Price,commissioner of at Hon. and others, Hiram expressing regret Philadelphia; not Indian being able to be named Amelia in Woodland while A little picking girl present flowers Schrick, at tery. N. Id was by a German am accosted Newark. who Monday named afternoon, Andrew come Broski, asked her how go to and st, graves, said like newly to dug heaven, pointing Here she is to would two one nt for you and one for me. He then dis. u charged a pistol at the child, but fortunhe ately missed her. The man WAS taken to g. the police station. he of the 12th of at, Secretary Under date of April, our State has received a ow our minister to in g, says that the Corean which ment from Mr. he Foote, Corea, dispatch governas yet, done in the er proposed exd. at Seoul. Mr. Foote position matter has, of the international nothing adds at some action he sending of our ler manufacturers would be ed taken, chanta Until the and definite goods by has been mer preinvolve and cabinet aoas mature companied The President and might possible officers, loss. by Admiral General ly of the an of the House, members Speaker Sheridan, the President Porter, Senate, of the committees ife ut y Senate and affairs Kugland, and and Russia, appropriations, House Germany ministers and on France naval from members of the naval aid diAnnapolis Monday the Maryland visited and academy Congress, at witnessed the exercises of of the cadets. The party returned to Wash the ington in the evening. air The Grand Lodge of Good en in 400 a 8 were present, delegates Tuesday Washington. Templare representing About met her members in all of the world. in B. Katzen ieg officer, read The stein, 350,000 Grand the Templar, presiding George parts his has report, reviewing the and reorder, ani that On annual growth "unless of the declaring history his one or both of the he a stand in favor of nd people of the for ance, will parties the take temperance great political temper untry support the Presidential candidate rs. ies be nominated at the convention which uld will be held in Pittsburg July 231." got annual meeting of the her was at the offi Society Mass., The and held following Monday Plymouth, Pilgrim were on the ensuing : de, Boston ; Vive nd, denta, elected Thomas J. for Russell, year President, Presi udHeary Stickney, Balchmore ith M Evarts, New M. ing an, L. William Boston Ames, Easton, Henry York, Frederick Dexter, : Secretary, William S. lost A special the the held in to consider er's the society Piymouth. will be August meeting Danforth, of im question of changing the day for the celebrating the landing of the forefathers ted to December 21st ath 'Mens in
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FAILURE NOTES. President Bruon and Mrs. Steel To Be Returned to Hot Springs. ST. LOUIS, May 29.-Deputy United States Marshal Falkenburg and Chief of Police Toler, of Hot Springs, arrived here this morning, with warrants for the arrest of Andrew Bruon, president of the suspended Hot Springs National Bank, and Mrs. G. W. Steel, who accompanied him. This afternoon they were taken before a United States Commissioner and information filed against them, the former being charged with em-
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Foreign Intelligence. THE sculling race at Sydney, Australia, was won on the 22d by Hanlan, the Canadian oarsman, defeating Laycock, the Australian champion, by half a length. THE steamer Syria, en route from Shanghai to the Fiji Islands, was wrecked a few days ago when near her destination, and seventy passengers, all coolies, ivere reported as lost. IT was stated on the 23d that the Captain-General of Cuba had liberated some desperate criminals upon condition that they join Aguero's band and assassinate him. Aguero was burning and pillaging on his march, and his force was being daily augmented. THE Senorine, a French brig, foundered recently off the great banks of Newfoundland, the crew and passengers, numbering sixty-two, perishing. ADVICES were received on the 24th by a Cuban residing in New Orleans that Aguero had burned the crops and sugar-houses on several large plantations, and had been victorious in encounters with the Spanish troops. A PORTION of the Toronto (Can.) Mail office was burned the other day, and the telephone service of the city was destroyed. The loss was about $100,000. One fireman was fatally injured. THIRTEEN deaths from yellow fever occurred at Havana, Cuba, during the week ended on the 24th. ENGLAND suggested to the Porte on the 24th that it send twelve thousand Turkish troops to the Soudan, capture Khartoum, and withdraw with the English garrison, leaving the Nile dependencies to the Sultar. WHILE boating recently on Grand River, near Galt, Ont., Abner Davidson, aged twenty, Minnie Partridge, aged seventeen, and Mary Morton, aged twelve, were drowned. WHILE the holiday games at Chatham, Ont,. were progressing on the 26th the grand-stand collapsed and 150 people were injured, several seriously. The injuries consisted of broken arms, legs and ribs. Some were injured internally. FLOODS in the Spanish provinces of Nuncia and Alicante had inundated many towns the 26th. The Government were supplying the sufferers with food and clothing. THE mission of Moody and Sankey at Croydon, Eng., closed on the 26th, and they would sail for America July 5. ON the 26th the Sultan refused to send ten thousand Turkish troops to the Soudan to co-operate with the English forces. LATER. A MORTGAGE from General Grant to William Vanderbilt of an undivided quarter of one hundred and thirty-five acres of land near Chicago was placed on record in New York on the 27th: The mortgage was given to secure payment of a check for $150,000 given by Vanderbilt to Grant & Ward. THE Missouri Republican State Convention will be held at M berly September 9. THE absence of the President resulted in a run on the 27th on the Hot Springs (Ark.) National Bank, which was compelled to close its doors. Moscow and the region thereabout were on the 27th liberally placarded with a manifesto threatening the Czar with death because he had failed to concede a constitutional form of Government. FREDERICK D. GRANT and Jesse R. Grant filed schedules in their assignments at New York on the 27th. F. D. Grant owned $2,215,066, with assets of $1,990,013. J. R. Grant's liabilities were placed'at $95,249, his assets being $131,150. INGE & MAHONE, who carried on an extensive- tocacco business at Petersburg, Va., on the 27th executed a deed of trust for the benefit of their creditors. The junior partner is a son of Senator Mahone. Two MASKED men, armed with Winchester rifles, halted the Fort Benton (M. T.) coach a few days ago twenty-five miles from Helena, robbed the passengers and rifled the mail bags. THE steamer Pilot Boy and a wharf and warehouse at Charleston, S. C., valued at $100,000, were destroyed by fire a few days ago. AT St. Louis the other night Alfred Suess, whose wife had prosecuted him for abandoning her, went to her rooms, shot and killed her and then committed suicide. PRENTICE TILLER, the express robber, pleaded guilty at St. Louis on the 27th, and was given a five years' sentence. THE American Congregational Associa. tion held its thirty-first annual meeting on the 27th at Boston. The year's receipts were $23,389, and the balance on hand was $233. MR. INGALLS introduced a bill in the United States Senate on the 27th for the sale of lands belonging to the prairie band of Pottawatomies. Mr. Lapham submitted the majority report on the Danville (Va.) riot, claiming that it was preconcerted by the Democrats for the purpose of intimidating the negroes. In the House a joint resolution was passed appropriating an additional $100,000 for the relief of sufferers by the overflow of the Mississippi River and its tributaries. By a vote of 158 to 108 the House declared Mr. McKinley (Rep.) not entitled to the seat for the Eighteenth Ohio District, and Mr. Wallace (Dem.) was sworn in,
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TELEGRAPH HOT SPRINGS, Ark. May 27 The Hot doors Springs National absence to-day menced Liabilities owing on of the the $40,000. to Arkansas bank run ident A closed on Andrew National run the has its reported Brown com- bank at Hot Spaings, which is understood to be good condition. Great excitement. NEW YORK, May 27 Yesterday it was made to Greystone for the pose of verifying? report printed morning paper regarding the health few Mr Tilden: Mr. room in the utes himself came said that the of his failing health pure and utterly withthe health out foundation; been had than it any time during the past that he had merely moved Greystone for to few personally days some that he is on the place. He further that expected to return to Grammarcy Park to-morrow. ST. LOUIS May 27 When the case Preutice Teller, express robb court this called pronounced themselves indictment The to ready then read the prisoner, and he was asked plead. To the astonish ment of the court Teller without moment's hesitation. "Guilty, There Honor. your succeeding the judge, chair, his Van Wagoner, the dered him to five penalty of the law for grand larceny Individual NEW YORK, May Grant D. erick filed James Frederick The day the Grant to liabilities up $10,000 $243,966. par Grant Ward $1,140,800; assets minally worth $199,003; actual worth unknown. NEW YORK May 27 President Fish mean now General Grant being guilty of the in frauds knowledge intended contracts. Grant General that warrant were one having Fish D. says John War made by Grant's father tion of them Both entirely trusting by Ward. to false rumor NEW YORK. May and probably that Secretary other The Lincoln Secretary his to-day, department his The May Senate lands public to-day land cided report the bills forfeiting the uncompleted grants opposite main tions of the Northern Pacific branch and the Atlantic and Plumb cific the the Pacific forfeiture will The amount 36,000,000 Pacific and Atlantic that all The bill lands sold bona per Side West The NEW claims bank shortly the Nothing the defaulting Hi ckley, SAN May Harry and Martha Wells in the divorce perjury on from filing bonds the amount of $5,000. WASHINGTON, May 26. The Depart been State informed of ment having G the that Chinese in to silk loom enter exhibit the the question landing tives referred borers. and the the Secretary hinese State nn not will stay to than longer necessary country play exhibits. NEW YORK, May The bondsmen Ja Fish of aftern this the qualified of Cox. Ward Jas. $15,000: Herseh. David lawyer, $7,800. his took by friends. 26. Hoiman WASHINGTON, of the from the of to secretaries salaries private tors 27 Fred SAN May who dead the the Friday, died for At election were adopted convention of the that the stating meeting that and Field Stephen for has our been choice President NEW YORK, May of the if Grant sel learn they General what knew letter in be ferring that learned profits Fish 1882, had prior the Lincoln the that James, being he
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The Hot Springs National Bank, of Hot Springs, Arkansas, failed on Tuesday after a run caused by the reported absence of its President, Andrew Bruon. Its liabilities are $40,000.
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THE PENN BANK. The Disgraceful Story of Its Failure as Told by Its Late President Riddle-The Bank Robbed by the Directors in on Speeulation-Great Excitement Caused by the Statement, Which is Denied by Those Implicated-Run on a Washington Savings Bank. W ASHINGTON, June 2.-A run is in progress on the National Savings Bank, where the run occurred Saturday. Nine-tenths of the persons drawing are colored people. They have taken warning from recent events, and have fortified themselves. The officers of the National Savings Bank are paying promptly, and say they have no intention of taking advantage of the thirty day clause, as they are in a condition is profit from the forfeiture of the account interest upon the deposits withdraw Middleton's statement is expented to be ready to-morrow. The Comptroller of the Currency appointed M. L.Bundy, of Newcastle, Ind, receiver of the Hot Springs National Bank.
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THE CRISIS AT THE CAPITAL. WASHINGTON June 2.-[Press.]-A run is in progress on the National Sevings bank, where 11. slight run occurred Saturday. Nine-tenths of the persons drawing are colored neople. The banks here have taken warning from recent events. and have fortified themselves. Officers of the National Savings back are paying promptly, and say they have no intention of taking advantage of the thirty day clause, as they are in a condition to profit from the forfeiture of acer ei interests upon deposits withdrawn. Middleton's statement is. expected to be ready to-mor W. The comptroller of the currency has appointed M. L. Bandy. of New Castle, Indians, receiver of the Hot Springs National bank.
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SOUTHERN. Inge & Mahone, who carried on an extensive tobacco business at Petersburg, Va., have executed a deed of trust for the benefit of their creditors. The junior partner is a son of Senator Mahone. The absence of the President resulted in a run on the Hot Springs (Ark.) National Bank, which was compelled to close its doors. A run was also begun on the Arkansas National Bank, amid great excitement. In a quarrel about a horse-trade near Dublin, Ga,, Stephen L. Padgett shot his brother Joe dead. Miss Medginer, the daughter of the Baltimore merchant, who had been missing for three days, was found near Phoenix Station, Md. Her mind had become unsettled by over-study, and it is feared that she will not recover her reason. Several inebriated men at Sharpsburg, Ky., amused themselves by shooting at lighted lamps in a grocery store. One of the lamps exploded and set fire to the building. The flames spread rapidly, and nearly all the principal business places of the town were destroyed. The total loss is placed at $40,000. The Belmont coal mines in Alabama, in which U. S. Grant, Jr,, is a principal stockholder, have closed down because of the Grant & Ward failure. In a shooting affray near Granby, Mo., resulting from an old grudge, John G. Koontze, ex-Postmaster, and Nathan Tabor, a merchant, were killed, and George Hudson, a desperado, seriously wounded. Hooper's building at Baltimore collapsed from the weight of cotton iteontained, the fourth floor first giving way, and forcing the others down. Of a number of persons in.the structure six bodies have been recovered. Three persons were fatally injured, and two others are missing and supposed to be in the debris. The Protestant Episeopal Convention at Baltimore, after thirteen ballots, failed to elect a bishop, and decided to hold a special session for that purpose in October, until which time the convention adjourned.
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THE FASCINATING CUSS. President Bruon Captivates His Crying Creditors. Hor SPRINGS, ARK. June 7.-Andrew Bruon, President of the Hot Springs Na. tional Bank has been made the recipient of marked attention from his sympathizers since his return A meeting of the depositors of the defunct institution was held this afternoon and Bruon's friends present heartily cheered his appearance He was introduced and spoke at length upon mat ters concerning the bank's affairs and many of his wavering auditors were substantially encouraged by the situation as he presented it. Bruon explained that his departure prior to the bank's collapse was purely in the interest of the institution's safety. He said the bank owes only $38,000. and from what he knew of its condition, the assets would amply pay all demands in full. Bruon, in an interview, said: Wants to Labor. "Let me assume charge of the bank, in place of a receiver, and letthe depositors appoint a committee to stay with me all day and take the money at night and lock it up, and I can wind up affairs and save the depositors every cent, and if I do take charge I'll work with a pick and shovel to pay every cent that the assets fail to cover." Bruno is now with his family here, and Mrs. Steele, the lady who figured so prominently in connection with his absence, has gone to her home at Syracuse, N. Y., accompanied by her step-father, Judge Bruyn.
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NO MONEY FOR DEPOSITORS. Announcement of the Receiver of the Hot Springs National Bank. LITTLE ROCK, ARK., June 14.-Receiver Bundy, of the broken Hot Springs National Bank, announces to-day that there is no money to pay the depositors, and receiver's certificates are being issued. A statement of the bank's condition shows over $38,000 liabilities, with nominal assets of $86,000, of which $39,000 are thought worthless and with therefore, not pay the liabilities.
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HOT SPRINGS, ARK. The Affairs of the Hot Springs BankFlight of President Bruon-Died. Special to the Gazette. HOTSPRINGS, ARK., June 14.-Judge Bundy, receiver for the Hot Springs National bank, opened the doors of that institution and is issuing receiver's certificates to depositors and creditors. The bank cannot now pay anything on its liabilities. Its condition reveals a mass of rottenness, fraud and criminal management. Of the $86,000 of alleged assets the real value of the same will probably not go over $40,000, while the liabilities foot up $38,512 58. Andrew Bruon, president. who fled the state with a woman of questionable character, deserting his family, and who was arrested in St. Louis, is here under bond to appear at the next term of the United States court at Little Rock for trial upon the charge of fraud and embezzlement. It is believed by many that he will be sent to state prison for his various crooked transactions in connection with the bank. Dan. E. Howard of Chippewa Falls. Wis., a visitor of recent arrival, died near this city last evening.
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HOT SPRINGS, ARK. Preparing to Celebrate the FourthThe Logan Boom-A Defunct Bank. Special to the Gazette. HOT SPRINGS, ARK., June 17.-Extensive preparations are being made in this city to celebrate the glorious Fourth. The Hot Springs Guards joined by the Quapaw Guards of Little Rock and all the local societies, trades and branches of business will be represented in a grand street parade. Receiver's certificates of claims on the defunct Hot Springs National bank are selling in this city at twenty-five to fifty cents on the dollar. In the Republican ratification meeting last night Logan appeared to be a favorite. To him is ascribed the credit of originating and securing the paseage of the bill in congress making an appropriation for erecting the Army and Navy hospital in this city.
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GENERAL. DR. PARET, of New York, was elected bishop by the Protestant Episcopal Conference at Baltimore. S. SELIG, wholesale milliner, San Francisco, made an assignment on the 29th. Liabilities $25,000; assets $20,000. THE People's Bank, at Canton, Ill., suspended on the 29th. Liabilities $100,000. A WASHINGTON dispatch of the 29th states that yellow fever has broken out on the west coast of Mexico. THE Armstrong well in the Thorn Creek, Pa., oil district, was torpedoed on the 27th with fifty quarts of nitroglycerine and immediately commenced to flow at a phenonenal rate. The yield per day is estimated at 9,000 barrels. Before the torpedo exploded the well was considered worthless. ON the 28th Walter Q. Gresham, secretary of the treasury, was appointed judge of the Seventh Circuit, in place of Justice Drummond, resigned. ExSecretary Hugh McCulloch takes the treasury portfolio. THE Scott liquor law was on the 28th declared unconstitutional by the supreme court of Ohio. THE U. S. steamer Tallapoosa, which was -sent to the bottom of Vineyard Sound by a collision in August last, has been raised and is now at New York navy yard for repairs. WILBUR F. STOREY, proprietor of the Chicago Times, died at his home in that city on the 27th, after a protracted illness. THE comptroller of the currency has eclared dividends of 30 per cent. in favor of the creditors of the Hot Springs Ark., National Bank and the First National Bank of Monmouth, Ill. With this dividend the creditors of the latter bank will have received 70 per cent. of their claims.