3339. Crawford County Bank (Denison, IA)

Bank Information

Episode Type
Run → Suspension → Closure
Bank Type
state
Start Date
May 26, 1884
Location
Denison, Iowa (42.018, -95.355)

Metadata

Model
gpt-5-mini
Short Digest
ff40e645

Response Measures

Full suspension

Other: Bank was 'assigned' (assignment for creditors) after suspension; president claimed intention to pay in full but lacked cash to meet withdrawal wave.

Description

Contemporary reports (late May 1884) state malicious rumors and a circulated Bradstreet report prompted a run; the president refused to open the bank (run) and the bank then suspended/was assigned (closed) on or about May 26, 1884. Bank name spelled consistently; no indication it was a national/trust bank, so type set to unknown.

Events (4)
1. May 26, 1884 Other
Newspaper Excerpt
The Crawford County Bank at Denison, Ia., assigned on the 26th inst.
Source
newspapers
2. May 26, 1884 Receivership
Newspaper Excerpt
The Crawford County Bank at Denison, Ia., assigned on the 26th inst.
Source
newspapers
3. May 26, 1884 Run
Cause
Rumor Or Misinformation
Cause Details
Malicious rumors and a Bradstreet report that the bank was in bad condition circulated locally and secret notices invited a run on Saturday.
Measures
President Heffelfinger refused to open the bank on Saturday to avoid meeting the withdrawals; attempted to arrange for investors to restore confidence.
Newspaper Excerpt
he learned ... numerous depositors had been secretly notified as to the bank's condition and a run invited for Saturday that would have exhausted all available funds
Source
newspapers
4. May 26, 1884 Suspension
Cause
Rumor Or Misinformation
Cause Details
Closure/suspension followed the run prompted by malicious rumors and the Bradstreet report undermining confidence.
Newspaper Excerpt
The Crawford County Bank, at Denison, Iowa, closed its doors yesterday morning.
Source
newspapers

Newspaper Articles (11)
1. May 27, 1884 Daily Republican Wilmington, DE
Article from Daily Republican, May 27, 1884

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11 News Summary. . A newspaper of Norwalk, Connectient, last Friday published " as a joke" a long article headed " A Norwalk Bank in trouble." It referred to a h grável bank, but scores of excited depositors who read the article or heard rushed to the oldest in about Bank, it the the Norwalk vicinity, Savings and drew their deposits. The run continued during the day, and between $25,000 and $30,000 were taken out before the n 3, joke became generally known." 8 The spinners of the Union Mills at Fall River, Massachusetts, resumed 8 work yesterday at reduced wages. Some of the Border City Mill hands ; also returned to work. At the Wampánoag, Chace and Slado Mills the 3, strikers offered to return if taken back in a body, but this was refused as only a few more spinners are needed at these three mills. During a thunder storm in the Grand Lake district of Maine on Saturday . evening ten men on a raft were ). knocked senseless and five children were injured, one fatally, by being struck by lightning. n The coal miners of Western Indiana, , after a three months' strike, owing to the price of mining having been re. duced to 75 cents per ton, yesterday resolved, by & small majority, to accept the operators' terms. it William H. Vanderbilt has trans . ferred $5,000,000 in U. S. Four Per Cents, to his son, William K. The transfer was made at the Treasury De, h partment on Saturday. 8, Three boys-Chas. Twitchell, Chaun1. cey Caswell and Morris Caswell-were ). drowned at Croghan, New York, on el Sunday night, by the upsetting of a boat. 8, is At Galt, Ontario, yesterday, Abner Davidson, aged 10; Minnie Paltridge aged 17, and Mary Morton, aged 12, were drowned while boating on the d Grand river. 1. The Mayall Rubber Factory at ReadIl ing, Mass., was burned yesterday. Loss, $200,000. About one hundred hands h. are thrown out of employment. r. Large supplies of war munitions are being forwarded from England to Quebec, and the first consignment arrived yesterday. 7Johnson's drug store in Providence, T. Rhode Island, was damaged yesterday morning by fire to the extent of $20,000 The floods in Louisiana and Texas are increasing and doing immense e damage. a The Crawford County Bank, at Deuit. son, Iowa, closed its doors yesterday d morning. h Strang's Bank, at Green Bay, Wis. consin, suspended yesterday.

2. May 28, 1884 The Daily Cairo Bulletin Cairo, IL
Article from The Daily Cairo Bulletin, May 28, 1884

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TELEGRAPHIC BREVITIES. The Crawford County Bankat Denison, Ia., has suspended. A supposed Spanish spy was cowhided yesterday at Key West. An international clay pigeon shoot begins in Chicago to-day. Spinners at Fall River are returning to work at reduced wages. Suspension of the firm of Reid & Smith, New York, is announced. Samuel Dunlap shot his wife and cut his own throat at Belle Plains, Ia. Senator Sharon yesterday testified in the suit brought against him by Miss Hill. The clans are gathering at Chicago and hotel accommodations are growing precarious. Next year the General Assembly of the Presbyterian Church will meet at Cincinnati. Transactions on the New York Stock Board yesterday aggregated 484,000 shares. In Detroit, last evening, Thos. Britton was shot dead by John Hickey, in a sporting resort. The Secretary of the National Millers' Associatio n reports a promising outlook for the wheat crop. The wife of Robert J. Burdette, editor of the Burlington Hawkeye, died yesterday at Ardmore, Pa. Abbott, the ex-bank cashier of Watertown, Mass., has been Indicted for forgery and embezziement, Jack Morria, the cowboy who shot the Cheyenne chief Iron Heart, has surrendesed and pleads self-defense. Coal miners who have been on a strike in Western Indiana for three months, have voted to return at the operators' terms. Transfers of Government bonds from W. H. to W. K. Vanderbilt are reported, and more money is looked for in the stock market. The Mayor, Marshal and police force of Stoux Falls, Dak., have been fined for cutting down telephone poles in deflance of an injunction. There is great excitement at Oak Creek, Wts., over the fact that a usan sawed off the legs of his dead uncle because he was too long to Qt a coffin.

3. May 29, 1884 Omaha Daily Bee Omaha, NE
Article from Omaha Daily Bee, May 29, 1884

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COUNCIL BLUFFS. ADDITIONAL LOCAL NEWS. THE BROKEN BANK. The Cause Leading to the Failure at Denison. A Kick About Preferred Creditors. The failure of the Crawford county bank, at "Denison, has already been announced by THE BEE, but a good many fresh detailsare learned from the Bulletin. It appears by Mr. Heffelfinger's statement that the liabilities are $58,292.35, and the assets are $60,854.17, of which $13,000 is in real estate and personal property, $3,623.73 cash, $25,293.73 in bills receivable, $11,375 in government bonds, and $7,561.86 in accounts receivable. It is thought that the depositors wil Irealize 75 cents on the dollar. CAUSES OF THE FAILURE. Mr. Heffelfinger, president of the bank, concedes that he was doing business on insufficient capital, but that the institution was in a better condition than at various times heretofore, and might have continued but for the circulation of malicious rumors affecting its standing. Not long since Mr. H. reported his standing to an agent of Bradstreet's Commercial Agency, giving as assets real estate and other property not regarded as banking capital by the agency. His bank was thereupon reported in bad condition. This led to local inquiries as to his financial condition, and to an attempt on his part to transfer his interests to men of means in Denison, to the end that confidence might be restored and the business continued without interruption He learned however, that numerous depositors had been secretly notified as to the bank's condition and a "run" invited for Saturday that would have exhausted all available funds and invited suspension, with affairs in a much worse condition. Therefore he refused to open the bank Saturday. He had not enough cash to withstand the whirlwind that follows a lossof confidence in a bank. He denies investing bank funds in any property save a little real estate which has doubled in value and now figures as assets. He expresses his determination to pay a hundred cents on the dollar and believes he can do so, but will require a little time. THE FAILURE AS VIEWED BY OTHERS. That Mr. Heffelfinger was doing business on too small capital is evident. It appears that his ready funds were largely exhausted in building and furnishing the bank, and he used deposits to purchase Mr. Wahl's Itwo-thirds interest, to "purchase and improve real estate and perhaps incidentally for family uses, which together with bad paper, long time notes and over drafts threw him many thousand dollars behind in ready assets and wholly unprepared him to meet the demands of a "run." It is apparent that while Mr. Heffelfinger may not have anticipated being engulfed by a tidal wave, he was doing business more on confidence than on capital and was not only resting on a financial volcano himself, but wus constantly leading innocent depositors to the mouth of the crater. He should have known the condition of his business, and knowing it he should have fortified his depositors against loss, regardless of the expense to himself. PRFERED CREDITORS, Mr. H. is not so severely censured for failing as for preferring his creditors, several depositors having secured their money in full after the bank had practically failed. Nonecan be blamed for securing their deposits if possible, it was Mr. Heffelfinger's duty to see that all depositors suffered "pot-luck" together. Respecting the mianight examination of books, we learn the following from Mr. L. M. Shaw, which is corroborated by his brother, D. W. Shaw, and Mr. H. C. Lamb and Mr. J. B. Romans-all of

4. May 29, 1884 The National Tribune Washington, DC
Article from The National Tribune, May 29, 1884

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is engaged in preparing in jail a full statement in his own defense. Mortgages were recorded in Washington and Philadelphia, last week, from General Grant to W. H. Vanderbilt, pledging the former's property in those cities as security for the payment of the latter's loan of $150,000. The discovery was made in New York, on the 23d inst., that Charles A. Hinckley, paying teller of the West Side Bank, had embezzled $96,000 of the bank's funds and decamped. Hinckley was a religious man, and S0 regular in his habits that he had been absent from his duties scarcely one day in fifteen years. The bank officers say that he has been speculating in grain. On Saturday the bank suspended. The Crawford Bank, Denison, Iowa, and Strong's Bank, Green Bay, Wis., have suspended. The directors of the Erie Railway Company announce that in consequence of the unusually large falling off in earnings for the first six months of the present year they have decided for the present to postpone the payment of the coupons on the second consolidated mortgage bonds due on the 1st of June. Under ordinary circumstances, they say, they might rely on the usual increase of earnings during the last half of the year to supply the deficit; but in the present depressed condition of business the board does not feel at liberty to deal with anything but the business and earnings as now ascertained. The board believes that such failure to provide for the payment of the interest cannot be of long duration, and that the present emergency will speedily pass. The annual report of the National Millers' Association, issued on the 26th inst. at Rochester, N. Y., shows the prospect of the wheat crop to be generally good. In Virginia the average crop for five years has been 8,400,000 bushels. The present condition is good. During the present month it has improved, and there is but one county in which the outlook is not good. None is to be shipped. In Pennsylvania the acreage is about the same as last year, the present condition is very fine. and the outlook is generally good. In Maryland the acreage is about the same as a year ago. The condition is excellent. During the past month it has improved, and the prospects for a full crop are better than a year ago. The mills will require all now in the farmers' hands. In Delaware the acreage is unchanged, and the outlook good for a large crop. California will probably have the largest crop ever raised in that State, estimated at 58,333,000 bushels.

5. May 31, 1884 Huntsville Gazette Huntsville, AL
Article from Huntsville Gazette, May 31, 1884

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LATER NEWS. IN the Senate on the 26th bills were reported and placed on the calendar: To provide for two additional Associate Justices in Dakota; to authorize the appointment of a commission to determine the boundary between Texas and the Indian Territory. House amendments to the bill extending the duration of the Court of Alabama claims were concurred in. Resolution calling for information regardine patents issued to the Northern Pacific Company on lands adjoining sections completed since July 4, 1877, was placed on the calendar. Mr. Hoar addressed the In the Senate in favor of the Utah bill House the Senate amendments to the agricultural bill were non-concurred in. Among the bills introduced was one to open overland communication with Alaska. Also granting pensions to all honorably discharged soldiers of the war of the rebellion when they reach the age of forty-five. The Wallack-McKinley election contest was taken up and debated without action. Mr. Belford introduced a bill appropriating $ 00,000 for the erection at Fredericksburg of a home for disabled Confederate soldiers. THE wife of Robert J. Burdette, editor of the Burlington Hawkeye, died on the 26th at Ardmore, Pa. SPINNERS at Fall River, Mass., are returning to work at reduced wages. THE Crawford County Bank at Denison, Ia., has suspended. INUNDATIONS in Spain have caused great destitution. THE Mayall Rubber factory burned at Reading, Mass., on the 26th; loss, $200,000. BERBER has not surrendered, but will do so whenever Khartoum falls. PRESIDENT ARTHUR and a distinguished party visited the Naval Academy at Annapolis, Md., on the 26th. SAMUEL DUNLAP shot his wife and cut his own throat at Belle Plains, Ia., on the 26th. THE American Lacrosse team in England defeated the Yorkshire men on the 26th. SECRETARY FOLGER indorses the administrative portion of Hewitt's tariff bill. TURKEY has refused to send troops to the Soudan to co-operate with the British. NEXT year the General Assembly of the Presbyterian Church will meet at Cincinnati. BELGIUM and Holland have agreed to exclude German princes from succession to the Dutch throne. ABBOTT, the ex-bank cashier of Watertown, Mass., has been indicted for forgery and embezzlement. THE Secretary of the National Millers' Association reports a promising outlook for the wheat crop. JACK MORRIS, the cowboy who shot the Cheyenne Chrief Iron Heart, has surredered and pleads self-defense.

6. May 31, 1884 The Milan Exchange Milan, TN
Article from The Milan Exchange, May 31, 1884

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ON the 25th the graves of Communists in Pere La Chaise, France, were decorated. The cemetery was visited by a great crowd. The Committee on Public Lands of the Senate has decided to report adversely the bills forfeiting the landgrants opposite the uncompleted portion of the Northern Pacific main and branch lines. THE Fall River (Mass.) spinners are returning to work at reduced wages. THE suspension of the Crawford County Bank at Denison, Ia., is announced. RECENT inundations in Spain have caused great destitution. BERBER has not surrendered, but will do so whenever Khartoum falls. ON the 26th the American Lacrosse team in England defeated the Yorkshire men. THE Porte refused to send troops to the Soudan to co-operate with the British. THE General Assembly of the Presbyterian Church will meet at Cincinnati next year. AN agreement has been made by Belgium and Holland to exclude German princes from succession to the Dutch throne. A PROMISING outlook for the wheat crop is reported by the Secretary of the National Millers' Association. ON the 26th a riot occurred between Chinese laundrymen and French Canadians, at Montreal, and three Chinamen fell into the hands of the police. ON the 26th the Penn Bank at Pittsburgh, Pa., suspended again, because the President was "sick" from an overdose of morphine. Two alleged Frenchmen were arrested on the 26th at the Dover (Eng.) railway station.with dynamite in their possession THE miners who have been on a strike in the Western Indiana coal fields for three months have voted to return to work at the operators' terms. AT Sioux Falls, Dak., the Mayor, Marshal and police force have been fined for cutting down telephone poles in defiance of an injunction. IT has been decided by the Methodist Episcopal Conference at Philadelphia to increase the number of General Conference districts from twelve to thirteen. POPULAR subscriptions have been called for in London to send a British battery to compete at the Quebec artillery contests. GREAT excitement has been caused at Oak Creek, Wis., over the fact that a man sawed off the legs of his dead uncle because he was too long to fit a coffin. ENGLAND is said to have agreed to evacuate Egypt within three years, and to allow an international board to rule. THE State Department has decided that the Chinese restriction act will not apply to prevent Chinamen from making an exhibit at the New Orleans Exposition. IN Detroit, Mich., at the closing meeting of the Foreign Missionary Society, it was voted to begin work in the Congo region with an expenditure of $30,000 per annum. IN Norwalk, Conn., a newspaper published a report that there was a run on a local bank, and by the time an explanation could be made that it was all a joke (a sand bank being meant) the run had taken place and the bank was nearly out of currency.

7. June 2, 1884 Savannah Morning News Savannah, GA
Article from Savannah Morning News, June 2, 1884

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About 80 per cent. were those of small traders whose capital was less than $5,000. Among the important suspensions were Reid & Smith, cotton commission, and Thomas J. Crombie, lumber, New York city; the Penn Bank. Pittsburg, Pa.: Glendower Iron Company. Danville, Pa.: Hot Springs (Ark.) National Bank; Strong's Bank, Green Bay, Wis.; Crawford County Bank. Denison, Ia.; Farmers' and Mechanics' National Bank, Uhrichsville, Ohio: G. T. Foster & Co., wholesale millinery, Detroit, Mich., and Henry Sheldon & Co., bankers. Sherman, N. Y. In the principal trades they were as follows: General stores. 18; grocers, 11; liquors, 11; banks, 8; drugs, 8; millinery. 8; tobacco and cigars, 8; shoes, 7; clothing, 6; fancy goods, 5; hardware and agricultural implements, 5; jewelry, 5; dry goods, 4; furniture. 4; hotels and restaurants, 4; grain and flour. 3; harness, 3; lumber. etc., 3; butchers, 3; commission. 3; bankers, 2: bakers, 2; carriages, 2; men's furnishing goods, 2; produce and provisions, 2. ALABAMA. Farmsdate.-J. C. Brown & Co., general store, compromised. FLORIDA. Green Core Springs.-C. H. Moss. general store, failed and stock taken on two claims or $1,800. Kissimmee.-P. Y. Jennings & Co., general store, recently assigned, were attached. and the assignment, it is reported, was declared void. GEORGIA. Atlanta.-John H. James, banker. shows liabilities $506,000; nominal assets $656,000; actual assets $411,000. Of the assets $360,000 is in real estate, and efforts are being made to form a stock company of the depositors to hold the real estate. which is increasing in value. Stewart Brothers. shoes, failed. The stock is chattel mortgaged for $2,850. NORTH CAROLINA. Garysburg.-Jordon & Kee, general store, assigned. Liabilities estimated at $750; assets $1,000. TENNESSEE. Bellbuckle.-W. L. Garner, general store, failed. Liabilities $2,000: actual assets $1,200. Brownsville.-H. Orr, butcher and grocer, closed by attachment. Jackson.-W. H. Burnell & Co., wagon makers, assigned. Memphis.-H. G. Getchell & Co., pianos, assigned. Liabilities $6 000; assets $4,400. Rogersville.-John M. Carson, general store and grain, assigned.

8. June 4, 1884 Mower County Transcript Austin, Lansing, MN
Article from Mower County Transcript, June 4, 1884

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ledo, O., on the 22d, while standing under a tree, waiting for a storm to pass. HERMAN KOLINGINSKI, aged 16, deaf and dumb, was run over and killed near Waukesha Wis., on the 22d inst. GENERAL A YOUNG married lady named McCoy had a narrow escape from premature burial at Richmond, Mo., on the 29th, reviving from a trance after her body had been prepared for buriai. THE bill to abolish the contract system of labor in the Massachusetts state prison was defeated on the 29th inst. A WELL in the Nineteenth Ward of Pittsburg tapped a strong vein of gas at a depth of 1,660 feet on the 29th. Pittsburg expects great things from it. FROST on the night of the 28th was general throughout Wisconsin and tobacco, barley, corn, potatoes and garden vegetables suffered severely. A PITTEBURG dispatch of the 28th inst. says 1,500 miners of the third pool have refused to accept a reduction. THE Red Cross relief steamer Josh V. Throop started on her last trip up the Ohio, on the 28th, distributing the remainder of the household effects and farm implements to flood sufferers. THE body of Nellie D. Cooley, the wealthy heiress of Wilkesbarre, Pa., who disappeared in December last, was found in the Susquehanna River, near Manticoke, Pa., on the 28th. THE Hot Springs Ark., National Bank closed its doors on the morning of the 27th, against a run. Liabilities $40,000. THE directors of the Penn Bank of Pittsburg struck indications of crookedness in the management of the affairs of the bank on the 27th. Oil dealers under a fictitious firm name had been allowed to over-check to the extent of $240,000. INGE & MAHONE, tobacconists, Petersburg, Va., made an assignment on the 27th inst. The junior member of the firm is the oldest son of Senator Mahone. THE Wisconsin Universalists' convention meets at Monroe, June 6-9. THE first message over the Mackay-Bennett cable was received at Rockport, Mass., on the 27th. A STUPID humorist at Norwalk, Conn., on the 26th. printed a statement that a steady run was being made on one of the oldest banks in city-meaning a gravel bank. Before he could explain his alleged joke frightened depositors took $30,000 from the Norwalk Savings Bank. THE Penn Bank, of Pittsburg, again closed its doors on the 26th inst. Illness of its president was ascribed as the cause. STRONG'S BANK, of Green Bay, Wis., suspended on the 26th. THE spinners' strike at Fall River, Mass., was declared at an end on the 26th. ASSIGNMENTS at New York on the 26th: Rufus M. Brundier, china dealer, liabilities $37,000: Ried & Smith, merchants. I THE Crawford County Bank at Denison, Ia., assigned on the 26th inst. THE wife of Robert J. Burdette, editor of The Burlington Hawkeye, died at Ardmore, Pa., on 3 the 26th. THERE were 232 failures in the United States and Canada during the week ending on the 23d, an increase of 23 over the previous week. J. M. WOOD, proprietor of the Blake House, Racine, Wis., made an assignment on the 23d 1 inst. 8 JOHN CUMMINGS, clerk of the Standard Oil ) Company at Long Island City, was reported as a missing defaulter on the 23c. THE failure of Joseph B. McDonald, lumber dealer, Woburn, Mass., was announced on the ' 23d. Liabilities $125,000

9. June 5, 1884 Reporter and Farmer Webster, SD
Article from Reporter and Farmer, June 5, 1884

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The Failures of Week. Bradstreets furnishes the following: There were 148 failures and suspensions in the United States during the last week in May, against 188 in the preceding week and 140, 104, and 66 in the corresponding week of 1883, '82, and '81 respectively. About 80 per cent. were those of small traders whose capital was less than $5,000. Among the important suspensions were: Reid & Smith, cotton commission, and Thomas J. Crumbie, lumber, New York city; the Pennsylvania bank, Pittsburg, Pa.; Glendower Iron company, Danville, Pa. ; Hot Springs, Ark,, National bank; Strong's bank, Green Bay, Wis.; Crawford County bank, Dennison, Iowa; Farmers' and Mechan ics' National bank, Uhrichsville, Ohio; G. T. Foster & Co., wholesale millinery, Detroit, Mich, and Henry Sheldon & Co., bankers, Sherman N Y.

10. June 6, 1884 Barbour County Index Medicine Lodge, KS
Article from Barbour County Index, June 6, 1884

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The case was to be taken to the Supreme Court. JAMES D. FISH, the President of the defunct Marine Bank, of New York, was jailed on the 25th on the charge of misappropriating the funds of the bank in collusion with the firm of Grant & Ward. THE Penn Bank, of Pittsburg, Pa., closed its doors again, after two or three days re sumption. It transpired that President Riddle took a heavy dose of chloroform in an attack of sickness, and was rendered unconscious. Under the circumstances the directors decided to close the bank. It was thought the matter would end in liquidation. TILDEN G. ABBoTT, late cashier of the Union Market National Bank, at Watertown, Mass., was recently indicted for forgery and embezzlement. A MILES CITY special says: Jack Morris, the cowboy who shot Iron Heart, a Cheyenne chief, surrendered. He claimed self-defense. The Indians threatened to take the war path. Women and children were coming in from the ranches in great alarm. MISS ARABELLA HAZARD bad been missing from Cincinnati for several days, when her body was found drowned at Hastings, N. Y. She formerly lived at Hobbs Kerry, near Hastings. No information was given as to the circumstances under which she left her home and lost her life. A DENISON, Ia., special says the Crawford County Bank, which had been considered one of the strongest in the Western part of the State, closed its doors on the 26:b. The assets and liabilities were not made known. A SPECIAL commission will be organized at St. Petersburg to inquire into the cause of the spreading of Nihilism in the Russian army and navy. Political arrests continue. KATE MEDINGER, a handsome schoolgirl in Baltimore, after too close application to her books disappeared last week, and was being searched for by a large force of police and detectives. INGE & MAHONE, large tobacconists of Petersburg, Va., have made a deed of trust for the benefit of creditors. Liabilities and assets unknown. The junior member of the firm is the oldest son of Senator Mahone. TILLER, the St. Louis express robber, pleaded guilty on the 27th, and was sentenced to five years in the penitentiary. JOSEPH MCDOLE, a prominent carpenter of Princeton, Ind., was fatally injured by falling timbers while engaged in erecting a barn at Owensville. He was frightfully crushed, and suffered the greatest agony until bis death. THE skeleton remains of an unknown man were found on the shores of West Bay, near Galveston. At the inquest held nothing was found to establish his identity. His remains were evidently those of some poor unfortunate who lost his life at sea. A PASSENGER train on the Wabash Road jumped the track near Grand Chain, III., recently. Engineer Fisher was seriously scalded and several passengers were hurt. LONDON newspapers appeal to the public for £1,000 with which to send British artillery to Quebec to compete in practice. A FALSE rumor was circulated at Washington on the 27th that Secretary Lincoln had been killed. The Secretary was at his desk in the War Department in his usual health. THE Wabash system of railroads has passed into the hands of Solon Humphreys, of New York, and Thomas E. Tutt, of St. Louis, as receivers. SPECIAL BAILIFF W. K. KILLION was killed in Laurel Coun'y, Ky., recently by a party of moonshiners while trying to arrest them. Four moonshiners entrenched themselves in a house which was attacked by the officers. Eight or ten volleys were fired before the men surrendered, and Killion was shot four times, dying almost instantly. PLACARDS were posted throughout Moscow reminding the Czar of the Nihilists' proposals of 1881, that in order to avert his father's fate be should grant constitutional amnesty to political offenders. AT the N W York Clearing House on the 28th it was stated a large number of new certificates were cancelled and no demand existed for them. Brokers and banks reported brokers' balances very large. Banks reported money as again flowing that way. FIFTEEN hundred coal miners of the third pool at Pittsburgh, Pa., refused to accept the reduction of a quarter of a cent and threatened to strike unless the district price was paid. A delegate meeting was to be held at Monongehala City to consider the advisability of ordering a general strike of the fourth pool. AT the New York horse show on the 28th, Cyrus W. Field received the first prize for matched pairs. Frederick Gebhardt's Leo received the first prize for hunter's mare orgelding; also a special prize. ANDREW BRUON, the defaulting Hot Springs, Ark., banker, was arrested at St. Louis in company with Mrs. Steele, a woman with whom he fled. NEIL MCKEAGUE, charged with murder of theaged Wilson couple at Winnetkatwo months ago, was acquitted at Chicago on the indictment charging him with the murder of the husband. The indictment charging him with the murder of the wife wa still pending, but the evidence was the same in both cases. The trial occupied

11. June 6, 1884 Little Falls Transcript Little Falls, MN
Article from Little Falls Transcript, June 6, 1884

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The Failures of a Week. Bradstreets furnishes the following: There were 148 failures and suspensions in the United States during the last week in May, against 183 in the preceding week and 140, 104, and 66 in the corresponding week of 1883, '82, and '81 respectively. About 80 per cent. were those of small traders whose capital was less than $5,000. Among the important suspensions wore: Reid & Smith, cotton commission, and Thomas J. Crumbie, lumber, New York city; the Pennsylvania bank, Pittsburg, Pa.; Glendower Iron company, Danville, Pa.; Hot Springs, Ark,, National bank; Strong's bank, Green Bav, Wis.; Crawford County bank, Dennison, Iowa; Farmers' and Mechanics' National bank, Uhrichsville, Ohio; G. T. Foster & Co., wholesale millinery, Detroit, Mich., and Henry Sheldon & Co.. bankers, Sherman N Y.