3982. Prairie State National Bank (Chicago, IL)

View Charter #3882 on SPMC

Bank Information

Episode Type
Run Only
Bank Type
national
Bank ID
3882
Charter Number
3882
Start Date
June 5, 1893
Location
Chicago, Illinois (41.850, -87.650)

Metadata

Model
gpt-5-mini
Short Digest
8b2ba4d759f70ed6

Response Measures

Accommodated withdrawals, Books examined

Description

Multiple contemporary newspaper dispatches (June 5–6, 1893) report a run on the Prairie State National in Chicago during the broader June 1893 bank scare. The bank met withdrawals, paid depositors, and no suspension or closure is mentioned in these articles.

Events (3)
1. May 8, 1888 Chartered
Source
historical_nic
2. June 5, 1893 Run
Cause
Rumor Or Misinformation
Cause Details
Run followed the failure of Herman Schaffner & Co. and was aggravated by sensational rumors circulated by board-of-trade brokers; general loss of confidence among small depositors.
Measures
Paid withdrawals on demand; added paying tellers and met demands promptly.
Newspaper Excerpt
The Prairie State National bank at the corner of Washington and Desplaines street, experienced a run during the morning and large numbers of depositors, mainly in the savings department, withdrew their money.
Source
newspapers
3. October 15, 1897 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (10)
1. June 6, 1893 The Helena Independent Helena, MT
Article from The Helena Independent, June 6, 1893

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Not the Slightest Uneasiness Over the Condition of the Leading Institutions. Depositors in Savings Banks Ask for Their Money and Get It. The Demonstration of Solidity Should Go n Long Way Toward Reassuring the Whole Country. CHICAGO, June 5.-The failure of Herrmann Schaffner & Co.'s bank, which occarred last week, bore fruit to-day in well defined rans which were perceptible on almost. if not every one, of the savings banks of Chicago. The first to feel the effect of the excitement was the Bank of Commerce, where a great many Jewish oitizens of the poorer class kept their accounts: The Schaffner failure had alarmed them and they bore down upon the Bank of Commerce at the opening hour. Tellers were doubled up and paid obocks ns fast as presented throughout the day, the officials of the bank expressing no ala in whatever and saying they were able to meet any demands. The Illinois Trust and Savings bank, which has a larger line of this class of deposits than any other bank in the city, amounting at times to over $12,000,000, put on an extra force of tellers and paid everyone as rapidly as possible. At three o' clock this afternoon they posted fl notice on the front door that the bank would remain open until 10 o'cleck to-night and so long as the present excitement continues. The Hibern. ian bank, which, as its name implies, was the depository for a large numbes of IrishAmericans of small means, was crowded all day, but found no difficulty in meeting all demands. The Dime Savings bank took advantage of the rule requiring, if necessary, sixty day notice of withdrawal, and paid only a small percentage of deposits to-day. The Globe Savings bank applied the thirty day rule. The Milwaukee Avenue Savings bank sustained a moderate run throughout the day and they, too, kept open house until nine o'clook to-night. Equally spirited checking was noted upon the Prairie State National and Preirio State Savings banks, as well as upon the Union Trust company and Avenue Savings bank, but in no ease WAS any alarm felt by well informed people. In fact, at many of these institutions, large ositors dame in during the afternoon, and made heavy deposits. To-day's situation was greatly aggravated by a number of board of trade brokers. who, for reasons of their own, devoted themselves to the circulation of sonsational ramors at which they involved at one time or another nearly every bank in the oity, and R large number of leading stook yards operators. Notwithstanding these malicious efforts, no fear is felt as to the safety of any of the leading banking institutions of the city. The failure of Meadowcroft Brothers. a minor institution with a total deposit of perhaps $200,000, aroused little or no interest. CHICAGO, June 6., 1:30 A. m.-The Illinois Trust and Savings bank is still open. the force of paying telle's at seven windows having been relieved by fresh men, and enough people are still waiting for money to keep the bank open two hours more. President Mitchell said there is plenty of money on hand and plenty of mon to pay it out. KANSAS CITY. June 5.-The Kansas Grain company. which claims to be the largest purchaser of grain from producers in the world, has failed. The officers here decline to make any statement of the Assets and liabilities Bill they are authorized by President Tompler, who is in charge of the office at Hutchinson. The company has elevators in over A hundred towns in Kansas, all containing grain. Tight money was the cause of the failure. SPOKANE. June 5.-The Bank of Spokane temporarily closed its doors this morning. The suspension caused no excitement. The embarrasement is due to the tightness of the money market. A. M. Cannon, president of the bank. has many large interests in this city and is reported a mniti-millionai e. CHICAGO, June 5.-F. A. Armstrong & Co., manufacturers and dealers in society and military uniforms. failed. Their liabilities are $105,000 and the assets $205,000.

2. June 6, 1893 The Daily Morning Astorian Astoria, OR
Article from The Daily Morning Astorian, June 6, 1893

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THE SITUATION NOT IMPROVING Heavy Rnn on Nearly all the Chicago Banks Yesterday. ALL DEMANDS PROMPTLY MET Some of the Houses Kept Open Till a Late Hour-Brokers Circulated Disturbing Rumors. Associated Press. Chicago. June 5.-The failure of Herman Schaffner lb Company's bank, which occurred last week, bore fruits today in well defined runs which were precipitated on almost, if not everyone of the savings banks of Chicago. The first to feel the effect of the excitement was the Bank of Commerce, wher a great many Jewish citizens and the poorer class kept their accounts. The Schaffner failure had alarmed them and they bor down on the Bank of Commerce at the opening hour. The tellers were doubled up and paid the check as fast as presented throughout the day, the officials of the bank expressing nq alarm whatever, and saying they were able to meet any demands. The Illinois Trust & Savings Bank, which has a larger line of this class of depositors than any other bank in the city. amounting at times to we uo and '000'000'7I$ of tellers and paid every one as rapidly as possible. They posted a notice on the front door that the bank would remain open until 10 o'clock, and so long as the present excitement continues. The Hibernian bank, which was the depository for a large number of IrishAmericans of small means, was crowded all day, but found no difficulty in meeting the demands. The Dime Savings Bank took advantage of the rule requiring, if necessary, sixty days' notice of withdrawal, and paid only a percentage on the deposits today. The Globe Savings Pank applied the thirtyday rule. The Milwaukee Avenue Savings Bnk sustained a moderate run throughout the day, and they, too, kept open house until 9 o'clock tonight. An equally spirited was noted up An equally spirited checking was noted on the Prairie State National and the Prairie State Savings Bank, as well as upon the Union Trust Company's and Avenue Savings Bank, but in no case was any alarm felt by wellinformed people. In fact at many of these institution the larger depositors came in during the afternoon and made heavy deposits. Today's situa. tion was greatly aggravated by a number of board of trade brokers, who for reasons of their own, devoted themselves to the circulation of sensational rumors in which they involved at one time or another nearly every bank in the city, and a large number of leading stockyard operators. Notwithstanding these malicious efforts, no fear is felt as to the safety of any of the leading banking institution of the city. The failure of Meadowcroft Bros, a minor institution with deposits of perhaps $200,000. aroused little or no interest. At 1:30 a. m. the Illinois Trust and Savings Bank was still open, the force of paying tellers at the seven windows having been relievedd by fresh men, and enough people still waiting for their money to keep the bank open two hours more. The bank officials are rater pleased than otherwise to saving to the institution in interest. So far the net profit is about $35,000. It is announced that the bank would not close as long as a single depositor cared to draw out a dollar. President Mitchell said: "We will stay right here for three months, and not close our doors night or day if such proceedings should become necessary. We are good for any run, no matter how long it keeps up. run, no matter how long it keeps up."

3. June 6, 1893 The Madison Daily Leader Madison, SD
Article from The Madison Daily Leader, June 6, 1893

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AFRAID OF BANKS. Scared Depositors Beseiging the Doors of Several Chicago Savings Institutions. In One Case the Police Were Called Upon to Preserve Order. One Failure and a Fair Prospect of More, Unless Confidence Is Restored. CHICAGO, June 6.-The private bank of Meadowcraft Bros. did not open at the usual hour, a notice being posted on the door to the effect that the institution was in the hands of a receiver. This failure seems to have badly scared small depositors in other banks and many of them are in the midst of fullfledged runs. At noon a run was commenced on the State Bank of Commerce, having offices on the ground floor of the Woman's Temperance temple. The lobby was packed with depositors fighting with each other for admission to the bank. The police officers were called to preserve order. The bank has a capital of $500,000. Its last statement showed deposits of $1,250,000. Much Wealth But Little Cash. A run was also started on the Dime Savings bank. at 104 Washington street, during the afternoon. This institution has deposits aggregating $600,000, and among its directors are Colonel Clowry, vice president of the Western Union Telegraph company, and ex-Senator Charles B. Farwell. President Bailey of the bank sayshe has dollar and a half for every dollar deposited, but the greater part of the money is tied up in securities. He does not know how long the bank can stand the run, but expects to pull through. The bank has a capital stock of $100,000 and a surplus of $50,000. The Hibernian bank, one of the largest institutions in the country, is also experiencing a run and is paying off depositors at the rate of three a minute. The deposits amount to $3,500,000, and they believe they can stand the run. The Prairie State National. The Prairle State National bank at the corner of Washington and Desplaines street, experienced a run during the morning and large numbers of depositors, mainly in the savings department, withdrew their money. Henry J. Evans of the New York Biscuit company, one of the directors of the bank, said that there is absolutely no apprehension on the part of the directors of the bank and that all claims of depositors would be promptly met. "The bank," said Mr. Evans, "is perfectly solid and it is as sound as any in the city."

4. June 6, 1893 Deseret Evening News Salt Lake City, UT
Article from Deseret Evening News, June 6, 1893

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TELEGRAPHIC. CHICAGO BANKS. Result of the Failure of Hermann Schaffner & Co. Last Week. SMALL DEPOSITORS ALARMED. Sensational Rumors by Board of Trade Brokers.-Plenty of Money in the City. CHICAGO, June 5.-The failure of Hermann Schaffner & Co.'s bank, which occurred last week, bore fruit today in well-defined runs which were precipitated on almost if not every one of the savings bankain Chicago. The first to feel the effect was the Bank of Commerce, where a great many Jewish citizens of the poorer class keep their accounts, and they bore down upon the bank at the opening hour. The tellers were doubled up and paid checks as fast as presented throughout the day. The Illinois Trust & Savings Bank, which has a larger line of this class of depositsthan any other bank in the city, amounting at times to over $12,. 000,000, put on an extra force of tellers and paid every one as rapidly as possible. The Hibernian Bank, which as the name implies, was a depositor for a large number of Irish-Americans of email means, was crowded all day, but found no difficulty in meeting all demands. The Dime Savings Bank took advantage of the rule requiring, if necessary, sixty days notice of withdrawal, and paid only a percentage of deposits today. The Globe Savings Bank applied the thirty day rule. The Milwaukee Avenue Savings Bank sustained a moderate run throughout the day and they, too, kept open house tonight. Equally spirited checking was noted upon the Prairie State National and Prairie State Savings, as well as upon Union Trust company and the Avenue Savings Bank, but in no case WAS any alarm felt by well-informed people. The situation was greatly aggravaled by a number of board of trade brokers, who for reasons of their ow n devoted themselves to the circulation of sensational rumors, in which they involved at one time or another nearly every bank in tue city and a large number of leading stock yard operators. For the first time in some months the Chicago sub-treasury has been drawn on to assist the depleted gold reserve in the East. Today one million In gold was shipped by express. There are still seven millions in gold here, and the amount is continually belog increased by Chicago banks depositing gold for currency.

5. June 6, 1893 Rock Island Daily Argus Rock Island, IL
Article from Rock Island Daily Argus, June 6, 1893

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WINDY CITY BANKS Gen. Lack-of-Confidence Gives Them Annoyance. RUNS ON HALF A DOZEN CONCERNS, One Bank Pays Out Money All Night, and All Declare the Scare to Have No Basis -The Hiberrian, Prairie State National, Dime Savings, Union Trust, and Illinois Trust the Institutions Attacked-A Wild Day Among Savings Depositors. CHICAGO, June 6.-The "lack of confidence" which has been cavorting around the country for some time and has already bowled over a couple of Chicago banks with numerous concerns in other lines of business seems to have settled down over the city to test the endurance of the banking institutions in earnest. Depositors began to be uneasy. rumors were sent flying about and General Lack-of-Confidence touk charge for a day. The rumors grew thicker and wiider asthey passed about and the result was runs on several institutions which were they to fail would cause widespread suffering in this city and vicinity. The Banks That Met the Run. The banks which had the storm to stand were the Prairie State National bank, the State Bank of Commerce, Hibernian Savings bank. the Dime Savings bank. the Union Trust Company's bank. and the Illinois Trust and Savings bank Under the circumstances it is no small tribute to the soundness of Chicago banks to say that they all withstood the strain. Where the rumors sprang from is a mystery. It is no mystery how they spread, for wildfire is no quicker in its flight than rumor when she takes a fling at the banks. The Hibernian Bank. The bank whose fallure would have caused the MORE trouble is the Hibernian Banking association. The officers were not at all alarmed over the run made there. It is regarded as one of the strongest savings banks in the country. The depositors are mostly Irish and it is the depository of large amounts of the funds of the various Roman Catholic parishes. Its last report showed deposits of $2,730,000 individual deposits of $750,060, undivided profits of $383,000. The capital stock is $220,000. Vice President Charles F. Ciark, who is manager of the savings department. said at 1 o'clock: "We have been paying depositors all the morning at the rate of three a minute. They are poor people who have every dollar in the world they possess with us, and naturally with the existing conditions they have gotten nervous. We do not biame them." Run ona Dime Savings Bank. Another bank that had to suffer for General Lack-of-Confidence was the Dime Savings bank. There was a big crowd outside and inside, but President Samuel G. Bailey expressed no uneasiness, no1 would he say whether the bank would enforce its thirty day rule. "We have funds sufficient on hand," he said, "for all regular purposes, and even for an emergency. No occasion exists for this alarin, except the general uneasiness in the air." The bank does solely a savings business, its last report shewing deposits of half a million, and a surplus of $51,000. The loans at the time of the same report amounted to $457,000, while United States bonds and cash on hand aggregated $2.5,000. All its loans are secured on real estate. Union Trust Has a Time. Depositors by the hundreds crowded into the Union Trust Company's bank to get their money, but soon after seeing President Rawson's coolness and even amusement, many went out again without drawing their deposits. But the crowd of witndrawers was immense, just the same. "We saw this coming," said Mr. Rawson, "and were ready for it. We'll pay 'em all." The Union Trust is a member of the Chicago clearing house. It has over $1,000.000 to draw upon above its liabilities. Still people went up and drew out their deposits as if it was the last chance, and as each received his money he drew a long breath of relief. An Ex-State Bank Examiner's View. William M. Roberts, late state bank examiner, visited the different savings banks several times during the day and assisted in allaying the fears of depositors. Speaking of the general situation he said: "I do not believe there is a state bank in Chicago that is not fully able to pay $1.10 for every $1 it owes. People have been needlessly alarmed by the collapse of private institutions." WILD PANIC ALL DAY, But Only One Failure. Private Bankers.

6. June 6, 1893 Rock Island Daily Argus Rock Island, IL
Article from Rock Island Daily Argus, June 6, 1893

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WILD PANIC ALL DAY, But Only One Failure, Private Bankers, Reported. Rumor had hardly started a story of one bank than the "dame" looked around for another victim. In this way there was a big run on the Bank of Commerce, but every comer was paid in full. President Felsenthal said the bank would pay every demand made upon it and that nobody would be asked to wait a moment for his money. The Prairie State National bank, corner Washington and Desplaines, was called on for a large amount of deposits in the savings department and paid on demand. The officers said they had been preparing for just this sort of thing. A run on the Illinois Trust and Savings bank was met by the announcement that it would keep open till 10 p. m. as long as the run lasted. There are $10,000,000 deposits in the savings department of this bank, and seven men were paying depositors. Working twelve hours a day it would take seven men 100 days to pay out the $10,000,000. There was no run on the deposit accounts. A run was begun on the Globe Savings bank at 2 p. m., and the bank immediately posted notice that its legal thirty and sixty-day limit would be the rule. At 9 p. m. there were 500 persons in line before the paying teller of the Illinois Trust and Savings bank, and the officials announced that they would continue paying until all had their money. At midnight there were 200 and the bank con-

7. June 6, 1893 The Salt Lake Herald Salt Lake City, UT
Article from The Salt Lake Herald, June 6, 1893

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RUNS ON CHICAGO BANKS. Every One of the Savings Banks Crowded with Depositors. DEMANDS MET PROMPTLY. Malicious Rumors Started by Several Board of Trade Men. These Stories, Which Were Very Sensational, Aggravated the Situation Very Much as They Involved Every Bank in the City. CHICAGO, June 5.-The failure of HerMann Schafiner & Co.'s bank, which occurred last week, bore fruit today in well defined runs, which were precipitated on almost If not every one of the savings banks of Chicago. The first to feel the effect of the excitement was the Bank of Commerce, where a great many Jewish citizens of the poorer class keep their accounts. The Schaffner failure had alarmed them, and they bore down upon the Bank of Commerce. At the opening hour the tellors were doubled up and paid checks as fast as presented throughout the day, officials of the bank expressing no alarm whatever, and saying that they were able to meet any demands. The Illinois Trust and Savings bank which has a larger line of this class of deposits than any other bank in this city, amounting at times to over $12,000,000, pution an extra force of tellers and paid every one as fast as possible. At 3 o'clock this afternoon they posted a nothe front door that the bank until 10 would tice on remain open o'clock excite- tonight and so long as the present ment continues. At midnight the Illinois Trust and bank was still paying off, and the of Savings crowd depositors anxious to draw their money was still. as large as ever. The bank officials were rather pleased than otherwise to pay out money, as it means a great saving to the institution in interest. So far the net profit is 35,000. At this hour it was announced that the bank would not close as long as a single depositor cared to draw out a dollar. The paying of money is being continued at seven windows. President Mitchell said: "We will stay right here for three months and not close our doors night or day, if such proWe ceeding should become necessary, are good for any run, no matter how long it keeps up." At 1:30 this Tuesday morning, the Illinois Trust and Savings bank is still open, the force of paying tellers at the seven windows having been relieved by fresh men and enough people are still waiting for their money to keep the bank open two hours more. The Hibernian bank which its name implies, was the depositor for a large number of Irish Americans of small means was crowded all day, but found no difficulty in meeting all demands. The Dime savings bank took advantage of the rule requiring, if necessary, sixty days notice of withdrawal, and paid only a percentage of deposits today. The Globe savings bank applied the thirty day rule. The Milwaukee Avenue savings bank sustained a moderate run throughout the day and they, too, kept an open house until 9 o'clock tonight. Equally spirited checking was noted upon the Prairie State National and the Prairie State savings, as well as upon the Union Trust company and Avenue Savings bank, but in no case was any alarm at felt by well informed people. In fact, many of these institutions large depositors came in during the afternoon and made heavy deposits. Today the situation was greatly aggravated by a number of board of trade brokers, who for reasons of their own, devoted themselves to the circulation of sensational rumors in which they involved at one time or another nearly every bank in this city and a large number of stock yard operotors. Notwithstanding these malicious efforts, no fear is felt as to the safety of any of the banking institutions of the city. The failure of Meadow-Croft Brothers, a minor inwith total perhaps stitution little deposits interest. of, $200,000, aroused or no

8. June 7, 1893 New Ulm Review New Ulm, MN
Article from New Ulm Review, June 7, 1893

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Scared Depositors Beseiging the Doors of Several Chicago Savings Institutions. In One Case the Police Were Called Upon to Preserve Order. One Failure and a Fair Prospect of More, Unless Confidence Is Restored. CHICAGO, June 6.-The private bank of Meadowcraft Bros. did not open at the usual hour, a notice being posted on the door to the effect that the institution was in the hands of a receiver. This failure seems to have badly scared small depositors in other banks and many of them are in the midst of fullfledged runs. At noon a run was commenced on the State Bank of Commerce, having offices on the ground floor of the Woman's Temperance temple. The lobby was packed with depositors fighting with each other for admission to the bank. The police officers were called to preserve order. The bank has a capital of $500,000. Its last statement showed deposits of $1.259,000. Much Wealth But Little Cash. A run was also started on the Dime Savings bank. at 104 Washington street. during the afternoon. This institution has deposits aggregating $600.000. and among its directors are Colonel Clowry, vice president of the Western Union Telegraph company, and ex-Senator Charles B. Farwell. President Bailey of the bank sayshe has dollar and a half for every dollar deposited. but the greater part of the money is tied up in securities. He does not know how long the bank can stand the run. but expects io pull through. The bank has a capital stock of $100,000 and a surplus of $50,000. The Hibernian bank, one of the largest institutions in the country, is also experiencing a run and is paying off depositors at the rate of three a minute. The deposits amount to $3,500,000. and they believe they can stand the run. The Prairie State National. The Prairle State National bank at the corner of Washington and Desplaines street, experienced a run during the morning and large numbers of depositors. mainly in the savings department, withdrew their money. Henry J. Evans of the New York Biscuit one of the directors of the said that there is company, bank, absolutely of the direct- no apprehension on the part ors of the bank and that all claims of depositors would be prouptly met. "The bank." said Mr. Evans, "is perfectly solid and it is as sound as any in the city."

9. June 7, 1893 The Advocate and Topeka Tribune Topeka, KS
Article from The Advocate and Topeka Tribune, June 7, 1893

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gency, and there was nothing left for the companies to do but to assign. PANIC IN CHICAGO. CHICAGO, June 5.-Meadowcoft Brothers, private bankers, closed their doors this morning. The property of C. A. Weisenbach, a clothing and shoe merchant, was closed by the sheriff this morning. Execution was made on judgments aggregating $26,000. Early to day the record breaking commenced. Never in the history of modern trading has the price of wheat on the month succeeding the date of the market slumped below 68 cents. To-day, before the market was ten minutes old, July wheat had touched 671/2 cents, while September wheat was down to 711/2 cents. July wheat opened at 685/8 cents, and on every minute went off 1/8 cent, until the low point 671/2 cents was reached. September steadily slumped through every quotation to 711/2 cents. July corn opened at 3934 cents and September at 41 cents, the former breaking to 391/2 cents, while the latter sold 3/4 cents higher, ranging between 403/3 41 and 415 cents. The hog products were lower. July lard opened at $10.171/2, a decline of 121/2 cents. The State Bank of Commerce is experiencing a heavy run this afternoon. The news spread like wildfire. At 12:30 o'clock an express wagon containing several bags of gold arrived. This, however, failed to satisfy the apprehensions of the depositors. Cashier Frederick Miller said: "We are not alarmed, and we will meet this run." Then he added, as a kind of second thought: "That is, as long as we are able." A run was also starsed on the Savings bank on Washington street this afternoon. The institution has deposits aggregating $600,000. There is 8 run on the Hibernian bank. The Berlin bank is paying off its depositors at the rate of three a minute. The Union Trust Company, opposite the Tribune office, at 2 o'clock was besieged by a big crowd, and extra paying tellers were assigned to duty. The Prairie Street National bank experienced 8 run this morning, and a large number of depositors withdrew their money. THE BEGINNING IN TOPEKA. W.1 R. Evans, the grocer, at the north west corner of Tenth street and Kansas avenue, made an assignment for the benefit of creditors at eleven o'clock this morning. Byron Roberts is made temporary assignee. His creditors are scheduled as follows: $ 700.00 Parkhurst, Davis & Co., account. Ridenour-Baker Grocery Co., of Kansas 150.00 City, account 100.00 Bank of Topeka, note 200.00 C. B. Whitson, Topeka, account Franklin McVeigh & Co., Chicago, Ill., account 34.00 Dozier Bakery Co., of Kansas City, ac16.25 count. 10.00 J. B. Billard, Topeka, account 60.00 Charles Eagle, Topeka, account 15.00 Syms Grocery Co., Atchison, account 15.00 Cope & Anderson. Topeka, account 40.00 Topeka Mill and Elevator Co., account 15.00 Crosby Mill Co., account 27.00 Jacob Dold Packing Co., account 50.00 John Ritchie, account Total $1,432.25 Mr. Evans closed un his store about 11

10. June 10, 1893 Perrysburg Journal Perrysburg, OH
Article from Perrysburg Journal, June 10, 1893

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C. MINING, treasurer leaving of Fort a Jennings, JOHN O., disappeared, shortage persons of $15,000. were killed and which two FOUR injured in a cyclone Washfatally Wharton county, Tex. 100, swept ington Jenkins, a colored man aged was among were the killed. killed and two others were Two mortally MEN wounded at a primary election in Pineville, Ky. FURNITURE manufactories in employ- Cincinsome seventy in number, down, nati, 7,000 persons, have shut workmen ing owing to the demand of their for a nine-hour magazine day. of the Hecla Powder exTHE near Virginia, Minn., in town ploded. company Nearly every building was wrecked. Cox was killed and three fire- at CHIEF and one citizen fatally injured house of men burning of the furniture The Charles the Shiverick & Co., in Omaha. loss was $200,000. property BUSH (colored) was taken from SAM at Decatur, 111., by indignant criminally Mount jail Zion citizens and hanged for assaulting the wives of two farmers wife WILLIAM BENTE and his and Bente, Helen W. Dietz and burning Charles Elsie Pugsley lost their lives by the of building in New York. HERMAN a SCHAFFNER & Co., of Chica- bankthe oldest and largest private ers go, in the west, failed for $500,000. AUGUSTUS VICTORSON and Thomas the G. McLaury committed suicide at The Hotel Metropole in Chicago. was a wealthy Chicagoan New and former latter a wealthy resident of as Orleans. the Despondency was given the in both cases. THE cause gold reserve in the United States $90, treasury had on the 3d fallen to 000,000. SIXTEEN passengers were injured, near some fatally, in a railway disaster Poplar JOHN Bluff, McQUAID. Mo. John O'Connor and in Jane Mooney committed suicide Philadelphia in one day. THE attendance at the second Sunday of the world's fair grounds The opening was disappointing to the officials. The govadmissions were 54,304. ernment paid building, many of the exhibits eastern in other buildings and all the state buildings were closed. FIVE residents of northern Vermont Chinese arrested for smuggling were into the United States from Canada. A CYCLONE swept the northwestern of Wayne county, Ind., destroying were everything part in its path. No lives lost. THE Fisher & Burnett Lumber company. with headquarters at Memphis, Tenn., failed for $500,000. THE village of Woodington, O., was leveled by a cyclone persons were almost and many entirely injured beneath and Mrs. Mary Smith was killed her building. f THE E. A. Armstrong company. man- and ufacturers of and dealers in society for i military supplies in Chicago, failed $100,000. private banking house of MeadBros. in Chicago and were made by oweroft THE runs frightened suspended, depositors upon the Bank of Commerce, the i the Prairie state national bank, Prairie State Savings and Trust com- Hithe Union trust bank, the and bernian pany, bank and the Illinois trust savings bank, but these institutions met all demands promptly. THE office of the Hustler, a paper in 0 Breathitt county, Ark., that advocated by S local liquor license, was blown up dynamite. NEARLY 400 delegates were in attend- the at the opening session of t world's ance temperance congress in Chicago. in THE greatest gas well ever struck miles the Ohio field was drilled in 7 6 north of Findlay. IN a runaway at Kalamazoo, Mich., Mrs. L. A. Fagan was thrown from a wagon and killed and Mrs. T. W. Mur- inphy and Mrs. Ellison were fatally e n jured. THE fire loss of the United States and Canada for the month of May is estimated at $10,427,000. This is about million greater than the aggregate for May. 1882. f THE president authorizes the statement that he will call an extra session of congress early in September. Two MEMPHIS (Tenn.) switchinen s riding on the footboard of an engine were killed by the locomotive jumping the track and burying itself in an embankment. , THE People's bank at Bentonville, S robbed by six men of $10,000. 1, Kansas Grain company at e sas Mo., which claims to Ark., THE City, was be Kan- the a greatest buyer of grain from producers in the world, has failed. y REPRESENTATIVES of twenty-five state and territorial governments met in Chicago and organized a convention for trade the abolition of trusts, corners and 1, combinations of all sorts. THE Merchants' national bank of e Fort Worth, Tex., with a capital of $250, 000, closed its doors. e EDWARD SIMON & BRO., trunk. valise N e and bag manufacturers at Newark, J., failed for $250,000 a POTTER & POTTER, of Boston, pub e lishers of the New England Magazine d Yankee Blade, Wom in's Home Jour nal, American Vehicle and the Ames bury Daily, failed for $100,000.