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Suspended. PROVIDENCE, R. I., Aug. 15.-The Hopkinton Savings Bank, of Hope Valley, has suspended payment and will probably wind up its affairs. This is the second time it has been in trouble. In 1886 the bank suspended but resumed business in a short time. The cause of the present difficulties are business depression, depreciation of securities and withdrawal of deposits to invest in Florida securities.
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Business Embarrassments. WESTERLY, R. I., Aug. 15.-The Hopkinton Savings Bank, of Hope Valley, has suspended payment, owing principally to the depreciation of the Northwestern Guarantee Loan Company's securities and the withdrawal of deposits for investments in Florida securities. This is the second time this bank has been in trouble, it having suspended on Feb. 10, 1886. The assets of the bank amount to about $100,000 and it is expected that depositors will be paid in full. It is intended to wind up the affairs of the institution by liquidation. OMAHA, Neb., Aug. 15.-The department store of the S. P. Morse Dry Goods Company is in the hands of the sheriff, and attachments aggregating $62,200 have been ISsued against the stock. The company was incorporated last April and succeeded to the business of the Morse Dry Goods Company. The business has been less than the firm had hopes of and for some weeks the various creditors have been pushing for a settlement. The total liabilities, it is though, will not exceed $75,000, and the assets are about $100,000. COLUMBUS, O., Aug. 15.-James & Black, contractors for the erection of manufacturing works for Rarig & Co. assigned to-day to W. K. Williams. Assets, $175,000; liabilities, $26,000.
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A Bank suspends. WESTERLY, R. I., August 15.-The announcement way made to-day that the Hopkinton Savings Bank, of Hono Valley, has suspended payments, ow. ing principally to the depreciation of the Northwestern Guarantee Loan Company's securities and the with drawal of deposits for Investment in Florida securities.
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Bank Failures. Westerly, R. I., Aug. 15.-The Hopkinton Savings Bank of Hope Valley has suspended payment, owing principally to the depreciation of the Northwestern Guarantee Loan Company's securities and the withdrawal of deposits for investment in Florida securities. The assets are about $100,000, and it is expected that, depositors will be paid in full. Washington City, Aug. 15.-The comptroller of the currency has appointed Gilbert G. Thorne temporary receiver of the Keystone National bank, of Superior.
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Savings Bank Suspends. PROVIDENCE, R. I., August 15.-The Hopkinton Savings Bank, of Hope Valley, has suspended payment, and will probably wind up its affairs. This is the second time it has been in trouble. In 1886 the bank suspended, but resumed business in a short time. The cause of the present difficulties are business depression, depreciation of securities, and withdrawal of deposits to invest in Florida securities.
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Hopkinton Savings Bank Suspends. PROVIDENCE, Aug. 16.-The Hopkinton Savings bank of Hope Valley has suspended payment and will probably wind up its affairs. In 1886 the bank suspended, but resumed business in a short time. The causes of the present difficulties are business depression, depreciation of securities and withdrawal of deposits to invest in Florida securities.
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Its Second Suspension. PROVIDENCE, Aug. 16.-The Hopkinton Savings bank of Hope Valley has suspended payment and will probably wind up its affairs. In 1886 the bank suspended, but resumed business in a short time. The causes of the present difficulties are business depression, depreciation of securities and withdrawal of deposits to invest in Florida securities.
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A RHODE ISLAND BANK SUSPENDS Institution at Hope Valley Had Most of Its Funds Withdrawn. Westerly, R. I., Aug. 15.-The Hopkinton Savings bank of Hope Valley has suspended payment owing principally to depreciations in the Northwestern Guarantee & Loan Company's securities and the withdrawal of deposits for investment in Florida securities. The assets are about $100,000, and It is expected depositors will be paid in full.
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A RHODE ISLAND BANK SUSPENDS Institution at Hope Valley Had Most of Its Funds Withdrawn. Westerly, R. I., Aug. 15.-The Hopkinton Savings bank of Hope Valley has suspended payment owing principally to depreciations in the Northwestern Guarantee & Loan Company's securities and the withdrawal of deposits for investment in Florida securities. The assets are about $100,000, and it is expected depositors will be paid in full.
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Savings Bank Fails. The Hopkinton Savings Bank, of Hope Valley, R. I., has suspended. In 1886 the bank suspended, but resumed business in a short time. The causes of the present difficulties are depreciation of securities and withdrawal of deposits to invest in Florida securities.