3671. Farmers & Traders Bank (Oskaloosa, IA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
December 30, 1897
Location
Oskaloosa, Iowa (41.296, -92.644)

Metadata

Model
gpt-5-mini
Short Digest
196f8dc7

Response Measures

None

Description

Multiple contemporaneous newspaper items (Dec 30–31, 1897 / early Jan 1898) report the Farmers & Traders' State Bank of Oskaloosa closed and 'gone into voluntary liquidation' because business was unprofitable and stockholders favored going out of business. No run is described; the closure is voluntary and permanent.

Events (1)

1. December 30, 1897 Suspension
Cause
Voluntary Liquidation
Cause Details
Bank found business unprofitable; majority of stockholders favored going out of business; bank to liquidate and pay depositors in full as claims presented.
Newspaper Excerpt
The Farmers' and Traders' state bank at Oskaloosa, Ia., has gone into voluntary liquidation.
Source
newspapers

Newspaper Articles (10)

Article from Audubon Republican, December 30, 1897

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The output of gold in Colorado this year is $22,000,000, against $16,500,000 in the year 1896. O. H. Maybr, agent for the Southern Express company at Brunswick, Ga., is said to have decamped with $14,000 belonging to the company. Gov. Taylor issued a call for the assembling of the Tennessee legislature in extra session January 17. A United States senator will be elected. Fifteen persons were injured in two railroad wrecks in and near Chicago. The postal savings bank idea is not a popular one in New York banking circles. The Merchants' and Traders' bank of Brunswick, Ga., closed its doors. Abe Balm, a farmer, was mortally wounded by a masked band of farmers in Pleasant Ridge, Ia., because he ill treated his father. Advices from Tacoma, Wash., say that floods have caused damage estimated at $1,000,000 in the northwest and several persons have been drowned. The miners' strike in Kentucky and Tennessee, which began last May over a reduction of wages, has been declared off. Samuel Gompers, president of the American Federation of Labor, in a letter to Secretary Gage says the federation opposes the secretary's plan for currency reform because it "provides for the abdication of the sovereign powers of the government to the banks." Gov. Wolcott, of Massachusetts, has formally deposited the famous Bradford manuscripts in the state librarian's department. The Farmers' and Traders' state bank at Oskaloosa, Ia., has gone into voluntary liquidation. The business portion of Muchakinock, Ia., a mining town, was almost totally destroyed by fire. Ten business houses were destroyed by fire at Lebanon, Tenn. No year. since 1887 has shown so few railroads confessing insolvency as that of 1897. The war ship Mohican is to become a training ship, going into commission January 10. Dr. Wiley Meyer, of New York, has discovered a new anaesthetic, consisting of chloroform, sulphuric ether and petrolic ether. The Pennsylvania Building and Loan association of Altoona went into the hands of a receiver. Henry Behner and Joseph Browneller were asphyxiated at the former's home in Findlay, O. President McKinley has accepted the invitation of the National Manufacturers' association to attend its banquet in New York on January 27. Stephen v. White, who failed in the financial panic of 1893, has been reinstated to full membership in the New York stock exchange. Actor Stultz, of the Stultz Theater company at Manti, Utah, and his wife were fatally burned while preparing fireworks to be used in their play. John J. Stevenson, of New York, has been elected president of the Geological Society of America. The long-distance telephone is held responsible for the decrease in railway passenger earnings. Canada and the United States will work together in giving aid to the needy in Alaska.


Article from The Copper Country Evening News, December 31, 1897

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Bank Goes Out of Business. Oskaloosa, Ia., Dec. 31.-The Farmers and Traders' State bank has gone into liquidation. The bank had found business unprofitable and the great majority of stockholders favored going out of business. All liabilities of the bank and all depositors will be paid in full. The suspension causes surprise, but no alarm


Article from The Ely Miner, January 5, 1898

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The Merchants' and Traders' bank of Brunswick, Ga., closed its doors. Advices from Tacoma, Wash., say that floods have caused damage estiinated at $1,000,000 in the northwest and several persons have been drowned. The miners' strike in Kentucky and Tennessee, which began last May over a reduction of wages, has been declared off. Samuel Gompers, president of the American Federation of Labor, in a letter to Secretary Gage says the federation opposes the secretary's plan for currency reform because it "provides for the abdication of the sovereign powers of the government to the banks." Gov. Wolcott, of Massachusetts, has formally deposited the famous Bradford manuscripts in the state librarian's department. The Farmers' and Traders' state bank at Oskaloosa, Ia., has gone into voluntary liquidation. The business portion of Muchakinock, Ia., a mining town, was almost totally destroyed by fire. Ten business houses were destroyed by fire at Lebanon, Tenn. No year since 1887 has shown so few railroads confessing insolvency as that of 1897. The war ship Mohican is to become a training ship, going into commission January 10. Dr. Wiley Meyer, of New York, has discovered a new anaesthetic, consisting of chloroform, sulphuric ether and petrolic ether. The Pennsylvania Building and Loan association of Altoona went into the hands of a receiver. Henry Behnerand Joseph Browneller were asphyxiated at the former's home in Findlay, O. President McKinley has accepted the invitation of the National Manufacturers' association to attend its banquet in New York on January 27. Stephen V. White, who failed in the financial panic of 1893, has been reinstated to full membership in the New York stock exchange. Actor Stultz, of the Stultz Theater company at Manti, Utah, and his wife were fatally burned while preparing fireworks to be used in their play. John J. Stevenson, of New York, has been elected president of the Geological Society of America. The long-distance telephone is held responsible for the decrease in railway passenger earnings. Canada and the United States will work together in giving aid to the needy in Alaska.


Article from The Breckenridge News, January 5, 1898

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SOME SHORT STORIES. For Readers Who Have Other Business To Care For. Bits of Information Gathered From All Inhabitable Quarters of The Globe by Those Who Are Trained Expressly For The Purpose. Saturday. A cargo of Cuban tobacco has arrived at New York. Receipts of the government exceed the expenditures for December. Captain Lanning has resigned as superintendent of the Xenia orphans' home. Miss Lucille Pulitzer, daughter of the New York editor, died at Chalwold, Me. Mexicans hauled down "Old Glory" on Clipperton island and ran up the Mexican flag. Governor Pingree may call a special session of the Michigan legislature to get some of his reform ideas into laws. In removing books to the new Congressional library building a box of papers written by Thomas Jefferson was found. According to Dun's trade review there were fewer failures and more business in the United States in 1897 than in 1896. Friday. The December wheat deal in Chicago closed without a jar. No letter was delivered to General Gomez from Secretary Sherman. Governor Lowndes has withdrawn from the Senatorial race in Maryland. A few more Chicago alderman have been indicte for running gambling dens. Theodore Durrant has been removed to the death cell in San Quentin (Cal.) prison. Lusty cheers for the United States, President McKinley and annexation can be heard in Cuba. Second-hand dealers tried to pull William Smith into their store in St. Louis and he shot them. Five thousand dollars' worth of diamonds was stolen from the residence of Volney T. Malott in Indianapolis. Reuben Stonesifer, who was once arrested because he looked like Joun Wilkes Booth, assassin of President Lincoln, died in Williamsport, Pa. Thursday. The Farmers and Traders' bank of Oskaloosa, Ia., has failed. Great Britain has decided to call into active service her naval reserve fleet. Hugh McLaughlin, dictator of the Democratic party in Brooklyn, has retired. Fitzsimmons says he will not fight Corbett until the latter has whipped Maher. John Reed, arrested in Brooklyn, is believed to the notorious crook, George Spencer. George E. King, 86, author of numerous religious works, is dead in San Francisco. Canada will co-operate with the United States in the matter of relief for Klondike sufferers. Revolution is threatened in Salvador, and the American cruiser Marletta has been ordered to go there. Wednesday. Six men were injured by the derailment of a locomotive in Chicago. The Merchants' and Traders' bank of Brunswick, Ga., has suspendied. New York bankers are opposed to the proposed postal savings banks. Coal miners of Colorado have demanded an increase of 10 to 40 per cent. An American ship was compelled to haul down the stars and stripes at Barcelona, Spain, to avoid being mobbed. A suit to test the right of a union to force a nonunion man out of employment has been filed in San Francisco. James Whittmer, prominent farmer near Valparaiso, Ind., has been convicted of incest with his stepdaughter and sentenced to the penitentiary. Tuesday. All the members of the Japanese cabinet have resigned. Three men were killed in a saloon row in Barbourville, Ky. Italy proposes the establishment of an Italian bank in New Orleans. Mary Castillo was shot to death by George Touchi in San Francisco. Traces of, three kinds of poison were


Article from Barton County Democrat, January 6, 1898

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consumed. THE business portion of Muchakanock, Ia., a mining town near Oskawas practically destroyed by fire 30th. The fire a and the flames loosa, taurant on the started burned water in them- res- tc selves out, there being no fight them. JAMES McCoy, of Mud Run, W. Va., forbade his sister-in-law, Miss Shamblin, to go to school, but she took her books and started. He followed and struck her a blow with his fist, killing her instantly. A NEWS agency reported on the 30th that the British naval reserves were being mobilized. This created great excitement in London, for it was held to mean that Great Britain was preparing for serious trouble in China. GEN. GOMEZ, the Cuban insurgent general, was recently interviewed and said that for Spain to offer autonomy to the insurgents was an insult; that the insurgents were fighting for independence and, although they would welcome the intervention of the United States, they can, if let alone, achieve their independence unaided. THE Farmers' and Traders' state bank at Oskaloosa, Ia., closed its doors on on account of The card on the unprofitable. 30th business be the paid being door said the depositors would in full as fast as their claims can be presented. THE overturning of a lamp for heatglue in Whitney's planing mill at ing San Bernardino, Cal., started a fire which destroyed the mill, four dwellings, the Episcopal church, a skating losses rink and a hardware store. The aggregated $100,000. THE office of the Texas Independent, a populist paper published at 'Greenville, Tex., was destroyed by an incendiary fire. THE business portion of Cantril, Ia., was destroyed by fire. THE French have seized Hai Nan It has an area of 12,000 square and a population of miles island. tribes 1,000,000 in the Chinese, exclusive of wild interior. THE warship Mohican is to recruit Paabout 150 apprentice boys on the cific coast, and probably will start with a them about the middle of January on cruise around the world. "MAY wheat will sell for $2-some time." This was the sensational prophecy made by John P. Grier, who represents the concern that is doing Levi Z. Leiter & Son's business on the Chicago 'change. Grier refused to elaborate his prediction when pressed. plant of the Austin Manufacturmakers of at Chicago was implements. ing THE company, agricultural destroyed and on the night of the Frank an employe, was fire Sutton, 29th caught death. in the flames and burned to Loss, $60,000; covered by insurance. ROBBERS broke into the house of M. S. Kimball at Mitchellville, Ia., other night and so that she will probably badly Mrs. the covered treated die. her with The and walls were that a strugdoors blood, showing terrible gle took place. has been discovered near It S. D., in the Rockford, ASBESTOS Black quality hills. is said to be of excellent and easily mined. JOHN NUFER shot and killed Joseph Enzler, alaborer, at St. Louis the other evening. The murderer was crazed from the effects were of injured drink. by the derailof an engine on the & Western road at ment Hammond Six men Chicago. Salt creek, two miles north of Lagrange, Ill., on the 29th. IN a rear-end collision on the Wabash railroad the other evening five passenwere somewhat seriously injured. gers The "cannon ball" express, bound for Chicago, ran into the last coach of a suburban train from Chicago, which at Palos Springs,19 miles The coach Humphrey was from State was switched Chicago. Senator was ditched. among those badly injured. THE Mattoon (III.) Tile company's factory burned the other day, loss of thousands of FRANKLIN, colored, was entailing large ALFRED about dollars. shot death by his son, a boy 17 years to of age, at Elk, I. T. Franklin was probably the wealthiest colored man in the Indian territory. MRS. WILLIAM KLIE was burned to death at St. Louis by her clothes ignit- oil ing from the explosion of a coal lamp. REED, a negro, murdered his Susie Blakely, at on the 28th. A lot of boys Mo., mistress, JAMES Kansas the heard City, and they followed negro was arrested. Reed comes family, his father the until murderous shots he the having man's of a been hanged for murdering mother. CHARLES A. McDANIEL was accidentally shot and killed by his eight-yearold son. They lived near Tyler, Tex. A GREAT fire occurred recently at the copper mining camp of Jerome, Ariz, which laid the place in ashes. A PRISONER named Harry English the attempted to burn his way out of Ysleta (Tex.) jail and was cremated. JOE WALCOTT and Tom Tracey met at Chicago on the 27th for a six-round bout. The decision of the referee was draw.


Article from Phillipsburg Herald, January 6, 1898

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aentown, 19. U.S. ing property valued at $25,000 being consumed. THE business portion of MuchakaIa., a mining town near Oskawas practically loosa, nock, the 80th. destroyed started in by fire on The fire a restaurant and the flames burned themselves out, there being no water to fight them. JAMES McCoy, of Mud Run, W. Va., forbade his sister-in-law, Miss Shamblin, to go to school, but she took her books and started. He followed and struck her a blow with his fist, killing her instantly. NEWS agency reported on the 30th that the British naval reserves were being mobilized. This created great excitement in London, for it was held to mean that Great Britain was preparing for serious trouble in China. GEN. GOMEZ, the Cuban insurgent general, was recently interviewed and said that for Spain to offer autonomy to the insurgents was an insult; that the insurgents were fighting for independence and, although they would welcome the intervention of the United States, they can, if let alone, achieve their independence unaided. Farmers' and Traders' state bank Ia., closed its on the on account of at THE Oskaloosa, 30th business the doors being door The card on would be in said unprofitable. the depositors paid be full as fast as their claims can presented. THE overturning of a lamp for heating glue in Whitney's planing mill at San Bernardino, Cal., started a fire which destroyed the mill, four dwellings, the Episcopal church, a skating rink and a hardware store. The losses aggregated $100,000. THE office of the Texas Independent, a populist paper published at Greenville, Tex., was destroyed by an incendiary fire. THE business portion of Cantril, Ia., was destroyed by fire. THE French have seized Hai Nan island. It has an area of 12,000 square miles and a population of 1,000,000 Chinese, exclusive of wild tribes in the interior. THE warship Mohican is to recruit about 150 apprentice boys on the Pacific coast, and probably will start with them about the middle of January on cruise around the world. "May wheat will sell for $2-some time." This was the sensational prophecy made by John P. Grier, who reprethe concern that is doing Levi & Son's business on Chicago Leiter sents the 'change. Grier refused to elaborate his prediction when pressed. THE plant of the Austin Manufacturmakers of agricultural at Chicago was implements. ing company, destroyed 29th and on the night of the Frank an employe, was and burned to by in fire the Sutton, flames caught death. Loss, $60,000; covered by insurance. of ROBBERS broke into the house Mrs. M. S. Kimball at Mitchellville, Ia., the other night and treated her so badly that she will probably die. The doors and walls were covered with blood, showing that a terrible struggle took place. ASBESTOS has been discovered near It Rockford, S. D., in the Black hills. is said to be of excellent quality and easily mined. JOHN NUFER shot and killed Joseph Enzler, alaborer, at St. Louis the other evening. The murderer was crazed from the effects of drink. SIX men were injured by the derailment of an engine on the Chicago, Hammond & Western road at Salt creek, two miles north of Lagrange, 111., on the 29th. IN a rear-end collision on the Wabash railroad the other evening five passengers were somewhat seriously injured. The "cannon ball" express, bound for Chicago, ran into the last coach of a suburban train from Chicago, which s switched at Palos Springs,19 miles The coach Senator Humphrey was among State from Chicago. was ditched. those badly injured. THE Mattoon (Ill.) Tile company's large factory burned the other day, a loss of FRANKLIN, was entailing ALFRED thousands colored, of about dollars. shot 17 death by his son, a boy of age, at Elk, T. the wealthiest colored was years to probably Franklin man in the Indian territory. WILLIAM KLIE was to MRS. clothes burned death at St. Louis by her ignit- oil ing from the explosion of a coal lamp. JAMES REED, a negro, murdered his mistress, Susie Blakely, at Kansas City, Mo., on the 28th. A lot of boys heard the shots and they followed the negro until he was arrested. Reed comes of a murderous family, his father having been hanged for murdering the man's mother. CHARLES A. McDANIEL was accidentally shot and killed by his eight-year- Tex. old son. They lived near Tyler, A GREAT fire occurred recently at the mining camp of which laid the place Ariz, copper in English ashes. Jerome, PRISONER named Harry the atto burn his way out jail and was tempted Ysleta A (Tex.) cremated. of JOE WALCOTT and Tom Tracey met


Article from Mineral Point Tribune, January 6, 1898

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At Oskaloosa, la., the Farmers and Traders' State bank closed its doors. The Merchants' and Traders' bank of Brunswick, Ga., failed Capital stock $100,000. The long distance telephone is said to be responsible for a falling off in passenger business At Peterboro, Ont., John Burke, O. C., ex-member of parliament, was drowned in the Ottanbee river. S. P. Locke, a well-known business man of Memphis, Tenn., walked off a train in his sleep and was killed. The steamer Lambert's Point put in at St. John's, N. F., with fire in her cotton cargo. The loss was heavy. Charles Addison Miller of the banking and brokerage firm of Miller & Doubleday, New York, is dead, aged 60 years. The income from customs Wednesday alone was $735,567. the highest figures reached since the new tariff law went into effect. Mrs. Elizabeth Ellige, aged 83, is dead at her home in Breckinbridge, Mo. She was the mother of twelve children: had 37 grandchildren, 40 greatgrandchildren, 50 great-great-grandchildren, all living. Veins of gilsonite in sufficient size to warrant development are reported to have been discovered on Willow creek in Middle park, Colorado. The class letter of Yale, '44, sent ceaselessly from member to member for additions, has traveled 500,000 miles and cost $1,500 in postage. Frank Early, colored. who shot his mistress and killed his wife, has been in sentenced in Cincinnati, O., to die the electric chair April 14, 1898. L. Z. Leiter says his son is the farmers' benefactor, enabling the grain-growers to get from 10 to 15 cents more a bushel for their wheat. Dr. Abbott discussed agnostics and their chance of salvation again, and said he did not believe Christ came to afford men escape from torment or to get them into a place of bliss Miss Anna Virginia Wells, daughter of a Washington lawyer and a friend of the late Miss Herbert, in whose suicide she took much interest, shot herself dead. Thomas W. Seymour, founder of the Knights and Ladies of Honor, is dead at Maplewood Mo., as the result of a paralytic stroke. He was born in Ireland in 1830. Actor Nat Goodwin and Broker Bell played a few games of pool in the Hoffman House in New York and at the end Goodwin had lost $800. One of the games was for $250 a side. Passed Assistant Engineer J. S. McKean has been ordered to the Norfolk navy yard. Ensign A. H. Scales has been ordered to the Cleveland branch hydrographic office Frank Novak of Vincton, Ia., failing to get his $18,000 ball bond fixed by Chief Justice Kinne, has been taken to Anamosa penitentiary In New York the Henry H. Bell's Sons company manufacturers of knit goods, eider down garments and smoking jackets, has assigned: liabilities over $100,000. Kenneth Duncan formerly a Methodist minister in Chicago and San Francisco, has returned to the insane asyIt.m at Agnews, Cal. from which institution he had escaped The large works of the Herring-HallMarvin Safe company at Hamilton O., were closed on orders from Judge Neilson. who appointed S. D. Fittou receiver for the company The Pensacola pilotboat Somners N Smith has been seized by the United States government on suspicion of being a filibustering vessel Robbers broke into the house of Mrs. S. Kimball, an aged lady of Mitchedville, Ia., and injured her so badly that she will probably die. Henry O. Havemeyer returned to the office of the American Sugar Refining company for the first time in several weeks He had just recovered from the effects of an operation for appendicitis The report of the voluntary monetary commission is It Mr. committee on will McKinley embody The recommendations promised banking soon of and currency is not likely to take up the plan outlined by Secretary Gage Mrs. Leslie Carter, the Titian haired actress, has determined to abandon modern plays for the allure ments of Shakespeare with now and then a lapse into 'Camille'' and "Froy Frou. McKinley has signed the seal-killing bill and Secretary Gage has issued an official interpretation of its provisions It virtually prohibits the importation into this country of seal skins Corbett has sent Fitzsimmons a formal challenge for another fight for the pugilistic championship of the world Fitzsimmons says he will take no notice of the challenge until Corbett defeates Maher John E Martin spent all his money for gifts to his fellows in a bowery


Article from Warren Sheaf, January 6, 1898

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Happenings of the Past Seven Days in Brief. ROUND ABOUT THE WORLD Casualties and Fires, Personal and Political Notes, Business Failures and Resumptions, Weather Record. INTELLIGENCE FROM ALL PARTS DOMESTIC. President McKinley has approved the bill the of fur seals "prohibiting killing in the waters of the North Pacific ocean." Fire destroyed the plant of the F.C in Chicago, and Frank Austin the Manufacturing loss being $100,000, company Sutter perished in the treasurer of Benton James Kirkley, flames. county, was murdered in his office at unknown Fowler, From Ind., by persons. reports on file in Washington it is shown that C00,000 Cubans are today in the direst distress and that 600,000 reconcentrados have died since January, 1897. By the will of Charles Contoit, filed at New York, $1,500,000 is bequeathed to religious organizations. in Colorado The is output of gold this year $22,000,000, against $16,500,000 in the year 1896. agent for the o. H. Maybr, Southern company at to with is Express said have decamped Brunswick, $14,000 Ga.. belonging to the company. persons were in two railroad Fifteen wrecks injured in and near Chicago. bank idea is not The popular postal savings a one in New York banking circles. Gov. Taylor issued a call for the assembling of the Tennessee session 17. A in extra January legislature United States senator will be elected. Abe Balm, a farmer, was mortally wounded by a masked band of farmers in Pleasant Ridge, Ia., because he ill treated his father. The Merchants' and Traders' bank of Brunswick, Ga., closed its doors. Advices from Tacoma, caused estithat floods have damage Wash.. say mated at $1,000,000 in the northwest and persons have been several The miners' drowned. strike in Kentucky and Tennessee, which began last May over a reduction of wages, has been declared off. Samuel Gompers, president of the American Federation of the tion ter to Secretary Gage says Labor, in federa- a letopposes the secretary's plan for currency because it of the for the abdication reform sovereign "provides powers to the of Gov. Wolcott, of the government Massachusetts, banks." has formally deposited the famous in the state ford manuscripts librarian's Braddepartment. The Farmers' and Traders' state bank at Oskaloosa, Ia., has gone into voluntary liquidation. The business portion of Muchakinock, Ia., a mining town, was almost totally destroyed by fire. No year since 1887 has shown so few railroads confessing insolvency as that of 1897. The war ship Mohican is to become a training ship, going into commission January 10. Ten business houses were destroyed by fire at Lebanon, Tenn. Dr. Wiley Meyer, of New York, has discovered a new anaesthetic, consisting of chloroform, sulphuric ether and petrolic ether. The Pennsylvania Building and Loan association of Altoona went into the hands of a receiver. Browneller Henry Behner and Joseph were asphyxiated at the former's home in Findlay, O. President McKinley has accepted the invitation of the National Manufacturers' association to attend its banquet in New York on January 27. Stephen V. White, who failed in the been reinstated to in the New financial panic full membership of 1893, has York stock exchange. Actor Stultz, of the Stultz Theater company at Manti, Utah, and his wife were fatally burned while preparing fireworks to be used in their play.


Article from Cottonwood Report, January 7, 1898

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POINTS IN GENERAL NEWS r is e HOME AND FOREIGN OUTLOOK. f Accidents and Crimes All Over the World-Business Affairs and PoN litical Considerations-Varlety of Items. Charles Manning Foster, a well known banker and broker of New York, is dead, aged 44. With Henry Clews he founded, 20 years ago, the firm of Henry Clews & Co. According to a special dispatch from Shanghai, the British admiralty has requisitioned three of the Empress steamships belonging to the Canadian Pacific railway. An English syndicate has secured control the Trinidad and the first of the year after of Asphalt Company, the located headquarters of the concern are to be in London instead of in New York, as heretofore. The capital of the company is to be increased from $3,500,000 to $5, 000,000. A fire at Port-au-Prince, Hayti, destroyed 800 houses, including a number of warehouses, a hotel, a church and its parsonage. About 3000 people a. rendered The of a lamp homeless. overturning mill for started heating glue in Whitney's planing a fire which property at and threatened to wipe of San Bernardino, $100,000 city destroyed Cal. valued Fourteen out the residences, an Episcopal church, a skat ing rink and a hardware store were burn ed, and the fire was only got under control when needed help arrived from the adjacent towns. The representatives of the powers have refused permission to on the time-expired Turkey troops island replace of mills Crete. 4500 It is conceded that the cotton in fall into line with mills and reduce the of n Twelve operatives. England Maine will thousand other employes wages New will be affected. Hugh McLaughlin, who for 20 years has been dietator of the democratic party in Brooklyn, has definitely announced his He retirement from political leadership. will be succeeded, according to the present understanding, by Bernard J. York. The large works of the Herring-Hall Marvin Safe Company at Hamilton, Ohio, have been closed on orders from the court Receiver Fittou borrowed money to pay all employes and it was announced to the large force of workmen that the plant would be closed indefinitely. le Mrs. Annie Fowler, aged 65, was burned n g to death in the house of Frank Graham at Bordentown, N. J. The house and adjoining property were consumed, entailing a loss of $25,000. Graham's family d n was aroused by the mewing of a cat in time to escape. e eThe Farmers & Traders' State bank at Oskaloosa, Iowa, has closed its doors. The following card is on the door: "This bank d will receive no more deposits, but will at ft once pay its depositors in full as fast as 5 their claims may be presented." The bank or had found business unprofitable. The senate and house committees on lands and are work for the 11 the two on public way legislation for action by territories Alaska, preparing houses. at The matter has been talked over in the com 1mittees and there will be some decisive acor tion shortly after the holiday recess. The e chief problem is to provide for better govn- ernment. Gales and floods are reported in several n parts of Portugal. al Judge E. H. Bennett, the venerable dean it. of the Boston law school, is dead. of The usual quiet of New Year's day was eat disturbed by a false report that Prince Bismarck was dead. v. Rain is still badly needed in Australia. A Sydney newspaper estimates that the le loss of stock in the last three years has damounted to $50,000,000. in Confirmation has been received from ra New Guinea of the murder of the German nt governor and police by natives. The bodies its of the victims were cut in small pieces. II. The grand jury at Chicago has return n ed indictments against Aldermen John Powers and William O'Brien for running of gambling houses. er Vice Admiral Sir Ward Herbert Sey k mour, K. C. B., who has been appointed y- British commander-in-ehief on the China ill station, succeeding Admiral Boller, has started from London for Hong Kong, acby companied by his staff. rs The gold output of Colorado in 1897 is destimated at $22,500,000, an increase of on ee $6,000,000 over that of 1896. The silver ot produced was worth $12,807,076 lead, $2,741,672; copper, $1,209,053. he le The agents of the leading cotton man ufacturing corporations in Rhode Island have decided to reduce wages. The cut down will average 11 per cent. It will take effect January 17. Theodore Durrant has again been removd ed to the death cell in the San Quentin (Cal.) penitentiary to await the hour of er his execution, which has been fixed for 10:30 a. m., January 7. se of Captain Rich, formerly chief engineer of the Wisconsin Central, and later conhe nected in the same capacity with the Soo of line, has been appointed director of rail ways in China. ce of At the commencement of 1898 the Unit ed States has 184,464 miles of completed d. railway. If the average of the last 10 he years is reached in the next two years, as d ly seems not unlikely, the year 1900 will open with 191,500 miles. The sash and door plant and planing Hamilton & Co., N. has been It with an immense stock mill Y., of C.J. destroyed of by lumber. fire, at together Buffalo, The es total loss is $120.000 with


Article from Red Lodge Picket, January 8, 1898

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IN GENERAL NEWO HOME AND FOREIGN OUTLOOK. Accidents and Crimes All Over the World-Business Affairs and Political Considerations-Variety of Items. Charles Manning Foster, a well known banker and broker of New York, is dead, aged 44. With Henry Clews he founded, 20 years ago, the firm of Henry Clews & Co. According to a special dispatch from Shanghai, the British admiralty has requisitioned three of the Empress steamships belonging to the Canadian Pacific railway. An English syndicate has secured con trol of the Trinidad Asphalt Company and after the first of the year the head quarters of the concern are to be located in London instead of in New York, as heretofore. The capital of the company is to be increased from $3,500,000 to $5, 000,000. fire at Port-au-Prince, Hay ti, destroyed 800 houses, including a number of warehouses, a hotel, church and iss par sonage. About 3000 people - rendered homeless. The overturning of a lamp for heating glue in Whitney's planing mill started fire which destroyed property valued at $100,000 and threatened to wipe out the city of San Bernardino, Cal. Fourteen residences, an Episcopal church, a skat ing rink and a hardware store were burn ed, and the fire was only got under con trol when needed help arrived from the adjacent towns The representatives of the powers have refused Turkey permission to replace 4500 time-expired troops on the island of Crete. It is conceded that the cotton mills in Maine will fall into line with other New England mills and reduce the wages of operatives. Twelve thousand employes will be affected. Hugh McLaughlin. who for 20 years has been dietator of the democratic party in Brooklyn has definitely announced his retirement from political leadership. He will be succeeded. according to the present understanding, by Bernard J. York. The large works of the Herring-Hail Marvin Safe Company at Hamilton, Ohio. have been closed on orders from the court Receiver Fitton borrowed money to pay all employes and it was announced to the large force of workmen that the plant would be closed indefinitely Mrs. Annie Fowler, aged 65. was burned o death in the house of Frank Graham at B rdentown, N. J. The house and adjoining property were consumed, entail ing a loss of $25,000. Graham's family was aroused by the mewing of a cat in time to escape. The Farmers & Traders' State bank at Oskaloosa, Iowa, has closed its doors. The following card is on the door: "This bank will receive no more deposits. but will at once pay its depositors in full as fast their claims may be presented." The bank ad found business unprofitable. The senate and house committees on public lands and territories are at work on legislation for Alaska, preparing the way for action by the two houses. The matter has been talked over in the com ittees and there will be some decisive ao ion shortly after the holiday recess. The hief problem is to provide for better gov ernment. Gales and floods are reported in several parts of Portugal. Judge E. H Bennett, the venerable dean of the Boston law school, is dead. The usual quiet of New Year's day was disturbed by a false report that Prince Bismarck was dead. Rain is still badly needed in Australia A Sydney newspaper estimates that the loss of stock in the last three years has mounted to $50,000,000. Confirmation has been received from New Guinea of the murder of the German governor and police by tives. The bodies of the victims were cut in small pieces. The grand jury at Chicago has returned indictments against Aldermen John Powers and William O'Brien for running gambling houses. Vice Admiral Sir Ward Herbert Sey mour. K. C. B., who has been appointed British commander- -chief on the China station. succeeding Admiral Boller, has started from London for Hong Kong, ac companied by his staff. The gold output of Colorado in 1897 is estimated at $22,500,000, an increase $6,000,000 over that of 1896. The silver produced was worth $12.807,076; lead $2,741,672 copper $1 .209.053. The agents of the leading cotton man ufacturing corporations in Rhode Island have decided to reduce wages. The cut down will average 11 per cent. It will take effect January 17. Theodore Durrant has again been remov ed to the death cell in the San Quentin (Cal.) penitentiary to await the hour of his execution, which has been fixed for 10:30 a. m. January 7 Captain Rich, formerly chief engineer of the Wisconsin Central. and later con nected in the same capacity with the Seo line. has been appointed director of railways in China At the commencement of 1898 the Unit ed States has 184,464 miles of completed railway. If the average of the last 10 years is reached in the next two years, seems not unlikely, the year 1900 will open with 191,500 miles. The sash and door plant and planing mill of C.J. Hamilton & Co., at Buffalo, N.Y., has been destroyed by fire. together with an immense stock of lumber. The total loss is $120,000, with insurance of $70,000. The friends of William J. Bryan have prepared a little surprise for him on his return from his tour in Mexico in the shape of proffer of the fusion nomina tion for congress from the first Nebraska district Some believe he will accept. Others say he still confidently expects to be the democratic standard bearer in 1900. The district has been represented by a republican since Mr. Bryan retired. New England farms are to be reclaimed, restocked and reoperated on a plan that is primarily philanthropie and secondarily commercial. A corporation has been formed with the secretary of the New York stock exchange at its head to purchase arable land and farm buildings in