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patches. MONTPELIER, VERMONT, January 2.-The Farmers' Trust Company, of Sioux City, Iowa, which closed its doors this week, was an institution in which many people in this vicinity had faith, and the failure will prove a hard blow to its Vermont investors. It is estimated that $100,000 in stock of the company was held in this county. According to returns since the failure, eighty per cent. of the liabilities of $135,000 is said to be due the people of this state. Frank A. Dwinell, the president, George W. Wing, the treasurer, and Clark King, one of the directors, reside here, and the company had an office in this city. Yest's Weekly, Republican, of Staunton, Virginia, has been placed in the hands of a receiver. LIBERTY, IND., Jan. 3.-Henry Husted, cashier of the Union County National Bank of Liberty, Indiana, was found hanging by the neck to a rafter in his stable Saturday. His knees were touching the floor, and he was dead when found by his Husted's financial affairs were believed to be in good condition. He was 67 years old. The past year was a bad one for railroads, since 5,441 miles went into the hands of receivers, involving $178,064,000 of bonds and $102,538,000 of stocks. The B. and O., with 2,094 miles, and the Louisville, New Albany and Chicago, with 501 miles, were the principal sufferers. The present era of receiverships began, says the Railway Age, in 1892, when 10,508 miles of road were involved. In 1893 the milleage was 29,340 miles, in 1894 it was 7,025 miles, in 1895 it was 4,089 miles. To find like figures we have to go back to 1885, when 8,386 miles went into receivers' hands. and 1884, when the mileage was 11,038 miles. In the intermediate years the average was little over 2,000 miles. The five years beginning with 1892 broke the record. Foreclosures in 1896 affected 1,373 miles and $1,150,377,000 of stocks and bonds. Since 1876 the sales under foreclosure have aggregated 89,487 miles, with $5,440,239,000 of stocks and bonds. The Sullivan Savings Institution. of Claremont, N. H., has been placed in the hands of assignees. The Western Paper Bag Company, of Batavia, III., one of the Van Nortwick plants, was placed in the hands of a receiver by the United States Court at Chicago on Saturday. The receiver was required to give a bond of $100,000. A receiver has been appointed for the Little Rock and Mississippi Railroad, a short uncompleted line near Little Rrck, Arkansas. The employes of all the mines in the Massillon, Ohio, district, about 2000 men, have struck on account of a reduction 111 the price of pick mining from 61 to 51 cents per ton. The employes of the Illinois Steel Company have been notified that their wages would be cut on February 1. There are 3500 men employed at the South Chicago mills. M. W. Pyne, dealer in musical instruments, Petersburg, Virginia, made an assignment. The Aberdeen Can Co., of Harford county, Md., has been placed in the hands of a receiver. Attorney General Maloney, of Illinois, has filed an information in court, at Chicago, against the International Building, Loan and Investment Union, declaring it to be insolvent, and for the appointment of a receiver. The Mercantile Trust Company, of New York, filed a bill in St. Louis Thursday for a foreclosure against the St. Louis, Salem and Arkansas Railroad. Quigley & Mullen, wholesale grocers, Wilmington, Delaware, have failed; liabilities $76,000, assets $26,000. Liebler & Maas, printers and lithographers, New York, have assigned. Liabilities, $99, 179; nominal assets, $128,598; actual assets, $34,839. At Liberty, Ind., the Columbia Drill Company has gone into the hands of a receiver. The assets are $17,000. J. H. Johnston & Co (corporation, dealers in diamonds, jewelry and silverware, New York, have assigned. A receiver has been appointed for the Dorner & Dutton Car Wheel Manufacturing Co. Covignat judgments amounting to $68,000 were previously taken against the company. The Bank of Canton, at Canton, Minn., and the Citizen's Bank, of Lanesboro. Minn., both owned and operated by Field, Kelsey & Co., have suspended business. The Commercial Bank of Eau Claire, Wis., capital $30,000, closed Tnursday. Depositors will be paid in full. The Iowa mortgage Company of Hartford, Connecticut, has asked for a receiver. Liabilities $218,129, including $100,000 paid up capital. C. L. Richardson, grocer, and Mrs. H. F. Brown grocer, both of Norfolk, Virginia, have assigned. On Monday three more banks closed their doors in St. Paul, Minnesota. The Merchant's National Bank of Dev. il's Lake, North Dakota, and the First City Bank of Moran Springs, Iowa. M. Schneeberger, Westminster, Md., dry goods, notions, &c. George E. Mather &. Sons, printer's ink manufacturers, New York city have failed.
