Commercial Bank (Brazil, IN)

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An Indiana Failure

A BANK AT BRAZIL PUTS UP ITS SHUTTERS. BRAZIL IND., July 29.-The Commercial bank has suspended. Liabilities about $140,000. Assets nominaliy $170,000. it is said the entire county school fund is in the bank. The Commercial bank closed its doors yesterday. It is a private banking company, having a capital of $100,000, and deposits to the same amount. Among the deposits are funds of nearly every township in the county. Indignation is felt because deposits were received after the refusal to cash checks. A slow but steady run had been going on for severaldays, A receiver will be appointed at once.

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Bank Failure

BRAZIL, Ind., July 29.-The Commercial Bank closed its doors yesterday. It is a private banking company, having a capital of $100,000 and deposits to thesame amount. A slow but steady Tita had been going on for several days. A receiver will be appointed at once.

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Another Indiana Bank Suspends

BRAZIL, Ind., July 29.-The Commercial Bank, of which Hiram Teker is president, and Arthur Dillon cashier, has suspended, with liabilities of about $140,000, and assets nominally $170,000. It is said that the entire school fund of Clay county is deposited in the bank. The bank's capital is $70,000. The Commercial Bank closed its doors yesterday. It is a private banking company, having a capital of $100,000 and deposits to the same amount. Among the deposits are funds of nearly every township in the county. Indignation is felt because deposits were received after the refusal to cash checks. A slow but steady run has been going on for several days. A receiver will be appointed at once.

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Suspension of the Commercial Bank

Brazil, Ind., July 29.-The Comercial Bank suspended to-day. Their liabilities are about $140,000. Their assets are nominally $170,000. It is said that the entire county school fund is in the bank.

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BUSINESS TROUBLES

Bank of The Come Closes Its Doors. BRAZIL, IND., July 29.-The Commercial Bank of Brazil has closed its doors. Itis a private banking company, with a capital of $100,000 and deposits to the same amount. Hiram Teter is President and Arthur Dillon Cashier. Among the deposits are funds of nearly every township in the county. Indignation is felt because do posits were received after their refusal to cash checks. A slow but steady run has been going on several davs. A receiver will be appointed at once. The liabilities are about $50,000; assets nominally $170,000. A New York dispatch save that Windlow, Lanier if Co. state the effect of the Prasil bank failure will be entirely local, as the bank is a small concern and only kept a very light account here.

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Another Indiana Bank Failure.

BRAZIL, IND., July 29.—The Commercial Bank has suspended; liabilities, $140,000; assets, $170,000. It is said the entire county school fund is in the bank. Hiram Teter is the President. Indignation is felt because deposits were received after a refusal to cash checks. A receiver will be appointed at once.

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ANOTHER HOOSIER SMASH

Failure of a Bank at Brazil, Indiana. BRAZIL, Ind., July 30.-The Commercial bank has suspended, with liabilities of about $140,000. The assets are nominally $170,000. It is said the entire county school fund is in the bank. TERRE HAUTE, Ind., July 30.-The Commercial Bank of Brazil was a private bank. ing company with 8 capital of $100,000 and with deposits to the same amount. Hiram Teter is president and Arthur Dillon cashier. Among the deposits are the funds of nearly every township in the county. Indignation is felt because the deposits were received after the refusal to cash checks. A slow but steady run has been going on several days. A receiver will be appointed at once.

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Bank Suspension

Brazil, Ind., 29.-The Commercial Bank has suspended. Liabilities about $140,000, assets nominally $170,000. It is said the entire county school fund is in the bank. New York, 29-Winslow, Lanier & Co. state that the effect of the Bozil failure will be entirely local, as the bank was a small concern and only kept very light accounts here.

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The Commercial Bank, of Brazil, Suspends. Brazil, IND., July 29.-The Commercial bank suspended. Liabilities, about $140,000; assets, nominally $170,000. It is said the entire county school fund was in the bank. TERRE HAUTE, IND., July 29.-The Commercial bank, of Brazil, is a private banking company; capital, $100,000, deposits same amount; Hiram Teter, President: Arthur Dillon, Cashier. Among the deposits was the fund of nearly every township in the county. Indignation is felt because deposits were received after refusal to cash checks. A slow but steady run has been going on several days. A receiver will be appointed at once.

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BUSINESS FAILURES

BANK FAILURES. BRAZIL, IND., July 29.-The Commercial bank suspended to-day. Liabilities, about $140,000; assets nominally $170,000. It is said that the entire county school fund was in the bank. The Commercial bank is a private banking company. Capital $100,000, deposits same amount. Hiram Tetter, president; Arthur Dillon, cashier. Among the deposits was the fund of nearly every township in the county. Indignation is felt because deposits were received after the refusal to cash checks. A slow but steady run has been going on for several days. A receiver will be appointed at once.

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The Commercial Bank, of Brazil, Suspends. BRAZIL, IND., July 29.-The Commerdal bank suspended. Liabilities. about 1140,000; assets, nominally $170,000. It is aid the entire county school fund was n the bank. TERRE HAUTE, IND., July 29.-The 'ommercial bank, of Brazil, is a private anking company; capital, $100,000, deosits same amount; Hiram Teter, Presdent; Arthur Dillon, Cashier. Among he deposits was the fund of nearly ivery township in the county. Indignation is felt because deposits were rereived after refusal to cash checks. A $low but steady run has been going on several days. A receiver will be appointed at once.

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An Indiana Bank Suspends

BRAZIL, Ind., July 30.-The Commercial Bank has suspended, with liabilities of about $140,000. The assets are nominally $170,000. It is said the entire county school fund is in the bank.

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TELEGRAPHIC SUMMARY

A number of cattle afflicted with Texas fever have arrived at the Chi eago stockyards. The Commercial Bank of Brazil, Indiana, has suspended. C.S. Harrison of the recently de. funct Harrison's Bank of Indianap olis has been arrested on a charge of mbeszlement.

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LATE NEWS ITENS.

For the twenty-four hours ended at 9 p. n. on the 19th there were twenty-three deaths from cholera at Marseilles, thirteen at Toulon, seven at Aries and two at Aix. The scourge has appeared at Pancalleri, Italy, mainly among refugees from Marseilles and Toulon. Ax American was among the cholera victims at Marseilles on the 29th.

THE National Association OF Photographers

began its annual convention at Cincinnati on the 29th.

GOVERNOR CLEVELAND was formally notified of his nomination at Albany, N. Y., on the 29 h. Hox. A. M. DOCKERY has been renominated by acclamation for Congress by the Democrats at Cameron, Mo. Ax old-fashioned Democratic barbecue at Lexington, Ky., on the 29th, was attended by 10,000 people. THE Commercial Bank at Brazil, Ind., has suspended. Assets, $170,000; liabilities, $140,000. THE French Senate has adopted a clause abolishing prayers at the beginning of its sessions.

A CYCLONE in Virginia the afternoon of the 29th did a great deal of damage in Norfolk County to buildings and cattle. A GRAND Fængerfest of the German singing societies of Pennsylvania and neighboring States began at Reading, Pa., on the 29 h.

THE Duke of Cambridge, Commander-in-Chief of the British troops

has ordered all tarracks placed in a sanitary condition.

O. C. BALDWIN, Jay Gould, Russell Sage, T. F. Ryan and Jno. E. Green retire from the directory of the Louisville & Nashville. A GANG of cattle thieves, who have been ravaging Oregon, were run down by regulators on the 29th, and out of seventeen cap'ure-l two were hung. FIVE members of the Salvation Army were sent to jail at Bridgeport, Conn., on the 29th for parading the streets on Sunday in violation of a city ordinance.

THE Belfast National League Convention

has been postponed, with the understanding that Parnell will call a convention after Parliament has been prorogued.

THE National Democratic Committee

chose Chas. J. Canda, of New York, Treasurer and appointed the executive committee.

It turns out that one W. E. Scoville, an employe of Ward & Day, was instrumental in bringing about the failure of DeWolf & Swan at New York.

DEMOCRATS of the Fifth North Carolina Congressional District

nominated James W. Reed.

THE iron steamship Alverto ran down and sank the propeller J. M. Osborne on Lake Superior on the 28th. The mate and five deck-hands were drowned.

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THE HOUSE.

The Bill for the Reorganization of the Knightstown Institution Finally Enacted. Representative Smith, of Tippecanoe, opened the morning session of the House, yesterday, with prayer. Eighty-six members responded to roll-call.

The call of counties for the introduction of bills was resumed, and the following were introduced: By Mr. Klaas [H. R. 541], to protect laborers; by Mr. McClelland [H. R. 542], concerning the cancellation of mortgages; by Mr. French [R. R. 543], concerning the compensation of county treasurers, and collecting delinquent taxes; by Mr. Robinson [H. R. 544], to relieve John Hutchinson, a school trustee of Corban, who lost money by the suspension of the Commercial Bank at Brazil; by Mr. Engle [H. R. 545], concerning the building of water-works; by Mr. McMichael [H. R. 547], to reduce the salaries of clerks of the General Assembly to $4 per day; of the employes to $3; and pages to $1.50; by Mr. Vickrey [H. R. 549], to legalize the town of Windfall; by Mr. Sears [H. R. 550], concerning the distribution of money in unincorporated towns in Vermillion county; by Mr. Dale [H. R. 551], concerning abstracts of titles; by Mr. Staely [H. R. 552], that an applicant for liquor license shall live in the ward where he applies; by Mr. Taylor [H. R. 553], regarding the division of estates.

Mr. Kellison withdrew a joint resolution which he had offered, making the number of Supreme Court judges not less than three nor more than nine, and substituted a resolution that the number shall be not less than six nor more than nine, and that they shall serve six years. It also amends section 3, article 7, dividing the State into three districts, to be elected by the electors at large.

A resolution by Mr. Staley that the appropriation bill be made a special order for 7:30 o'clock in the evening was defeated.

Mr. Passage offered a resolution providing that the time of speeches in discussions shall be limited to five minutes, and explanations of votes to one minute. The resolution was passed to a second reading.

A resolution offered by Mr. Jameson, complimenting Frank L. Denny for his valiant services as a lieutenant of the United States navy at the bombardment of Alexandria, was adopted.

Mr. Smith of Tippecanoe offered a joint resolution [H. R. 105] to amend the State Constitution by adding to article 17 a provision abolishing the contract labor of convicts. The resolution was passed to a second reading.

Mr. Frazee's bill [H. R. 75] to allow gravel road companies to extend their charters, was defeated by yeas 33, nays 53.

On motion of Mr. Engle, the vote defeating the bill was reconsidered and the bill was recommitted.

Mr. Hoban called up Mr. Moody's bill [H. R. 291] to pay John W. Pullen $750 for services in guarding prisoners during the war. Mr. Moody explained that he introduced the bill by request. When in 1881 the Legislature made allowance to the Indiana Legion, Mr. Pullen was in Illinois and his claim was not audited. Testimony from the captain of his company showing that Mr. Pullen was entitled to an allowance, was read. The bill passed by yeas 57, nays 29.