44601103 4460
national
d9e6ce98d24f793fFull suspension, Books examined
Click image to open full size in new tab
Effect of the Boston Bank Failure. DAMARIBOOTTA, Mr., Nov. 8.-The announcement of the failure of the Maverick Bank, which held $40,000 of the funds of the First National Bank of this town, caused a run by the depositors and the bank has temporarily suspended solvent. payment. The bank is perfectly
Click image to open full size in new tab
Effect of the Boston Bank Failure. DAMARISCOTTA, Mr., Nov. 8.-The announcement of the failure of the Maverick Bank, which held $40,000 of the funds of the First National Bank of this town, caused a run by the depositors and the bank has temporarily suspended payment. The bank is perfectly solvent.
Click image to open full size in new tab
THE BOSTON BANK FAILURE. Depositors Will Probably Get Seventy Cents on the Dollar. [By telegraph to the Dispatch.} BOSTON, November 3.-A member of the committee of associated banks expresses the opinion that the depositors of the Maverick National Bank will ultimately receive a dividend amounting to about 70 cents on the dollar. The possible insolvency of Messrs. Potter and French, in view of the disclosures connected with their arrest, makes it doubtful if the 100 per cent. assessment to be levied on the stockholders will yield anything on the 230 shares held by those gentlemen. This view of the situation corresponds with that held by others who are posted in the matter. A RESULTANT SUSPENSION IN MAINE. DAMARISCOTTA. ME., November 3.-The announcement of the failure of the Maverick Bank, which held $40,000 of the funds of the First National Bank of this town, caused a run by the depositors and the bank has temporarily suspended payment. The bank is perfectly solvent.
Click image to open full size in new tab
Maine Bank Suspends. DAMARISCOTTA, Me., Nov. 4.-It is stated that an examiner has been ordered to take charge of the First Nat ional bank, which suspended Monday, owing to the failure of the Maverick bank in Boston. The bank is said to be perfectly solvent.
Click image to open full size in new tab
A Maine Bank Fails. DAMARISCOTTA (Me.), Nov. 3.-The announcement of the fall ure of the Maverick National Bank, which h Id $40,000 of the funds of the First National Bank of this town, caused a run by depositors, and the bank has temporarily suspended payment. The bank is perfectly solvent. It is stated an examiner has been ordered to take charge of the bank.
Click image to open full size in new tab
THE WRECKED BANK. Maverick Depositors Will Get 70 Cents on the Dollar. A MAINE INSTITUTION FAILS. The Boston Wreckers Furnish BallEvans Owed the Broken Bank $200,000-Cause of the Collapse. BOSTON, Nov. 3.-Asa P. Potter, president of the embarassed Maverick National bank, today says the loss of the Maverick National bank on account of its dealings with Irving A. Evans will be about $200,000 if the collateral could be judiciously disposed of. The bank's dealings with Evans can in no sense be considered the direct cause of the suspension. Potter declared that the real cause of failure is somewhat complicated. Potter declares the clearing house committee who examined the assets of the bank have placed their value far below what they are worth, thus showing a large deficit. He added: If I were ailowed to wind up the affairs of the Maverick bank no depositor and no stockholder would lose one dollar. All the facts about the bank's condition and about its management will officially be made known in the course of time. Pending that, I am content to await the outcome of events. This afternoon Asa Potter was arraigned before Commissioner Hallett. He pleaded not guilty, and was held for trial in $130,000 bonds. Dana secured a continuance of his case. Bail was reduced from $75,000 to $60,000, and C. A. Bronnell became his bondsman. Little information has been obtained as to the bank's actual condition, although the directors assert that depositors will be paid in full. The members of the committee of the Associated Banks express the opinion that depositors of the Maverick National bank will ultimately receive a dividend amounting to about 70 cents on the dollar. Damariscotta, Me., Nov. 3.-The announcement of the failure of the Maverick National bank, which held $40,000 funds of the First National bank in this town, caused a run by depositors, and the bank has temporarily suspended payment. The bank is perfectly solvent. The bank examiner has been ordered to take charge.
Click image to open full size in new tab
in view of the disclosures connected with their arrest makes it doubtful if the 100 per cent. assessment to be levied on the stockholders will yield anything on the 2,300 shares held by those gentlemen. This view of the situation corresponds with that held by others who are posted in the matter. DRAGGED DOWN BY THE MAVERICK. Damariscotta, Me., Nov. 4. -The Maverick national bank of Boston held $40,000 of the funds of the First national bank of this city. The news of the failure of the former reached here Monday morning, and a run was at once started on the First national. It soon suspended payment and closed its doors.
Click image to open full size in new tab
CONDENSED DESPATCHES. The international peace congress opened at Rome Tuesday. One hundred delegates are present. Dr. Mackinna of London has declined the secretaryship of the Congregational union. Nine passengers were kilied by the wrecking of the express train near Jassy, Roumania, Tuesday. Luis Lucien Bonaparte, a nephew of the first Napoleon, is dead at Rome, aged 78 years. The First National bank of Damariscotta, Me., has suspended as a result of the Maverick bank failure. Typhus fever is spreading among the famine-stricken inhabitants of several provinces in the government of Kazan, Russia. Stringent measures have been adopted to cope with the disease. The strike of the northern England engineers, which had its centre on the Wearside and Durham, has been settled by compromise This striko compelled the idleness of 30,000 men. G. E. Blish, proprietor of the Eagle hotel at Peekskill, N. ยฅ., was murdered in cold blood Tuesday, by H. E. Betts OL Brooklyn, who claims that Bish alienated the affections of his wife, and robbed him of nearly $100,000. The date of the Princeton freshmen and the Yale freshmen foot ball game has been changed from November 11 to November 10. Siegfried Goseb, a San Francisco laborer, murdered his wife and young son yesterday morning, cutting their skulls open with a hatchet. He then committed suicide by hanging himself. It is supposed he was insane. A fire has been raging in the dense forest in the vicinity of Windham, Conn., for several days. Several acres of standing oak and ebestnut timber is ruined and large numbers of villagers and farm hands are at work trying to extinguish the fires. Seven hundred "laborers working for the Villard syndicate on electric railway lines at Milwaukee, Wis., struck yesterday against a reduction of 25 cents in their wages. Work ou the railway improvements is at a standstill.
Click image to open full size in new tab
bank erick failure, is to believe that the loases resulting from it will not be nearly as large as were at first anticipated. It is well known that the clearing house committee in getting together their report, left out of consideration entirely, and count ed AS nothing, all paper concerning which they entertained any doubt whatever. Having done this they proceeded to discount the unquestioned assets of the bank twenty per cent. It will be seen, therefore. that the report of this committee put the affairs of the bank in the worst possible light Their discount of twenty per cent. was made according to their own statement upon assets which were as good as gold Now we do not believe that there are many firms doing business in New England. where, if an outside committee of rivals should suddenly take an account of stock count out of the lists of assets every charge upon the books concerning whose value they entertained-or affected to entertainthe slightest doubt, and then discount the amount of assets still left by twenty per cent.-a condition of solvency could still be shown. There is no reason to believe but what very many of the stocks of which no account o whatever was made in investigating the Maverick's condition. repre sent today a large cash value. and if properly handled will realize handsome returns. There is reason to doubt that President Potter knew what he was talkf ing about when he declared that if he b were permitted to close up the affairs of the bank he could pay every depositor 8 in and every stockholder dollar for dollar n This recalls the case of a failure of a firm of bankers in Philadelphia a year or b two ago. They owned a large numher of different stocks but got ti pinched by & slump in the market and SI failed for two million dollars. They a made an assignment to a prominent law e it yer, who went to work in a business like II way to settle up their affairs. Had he endeavored to dispose of their o 0 stocks at that time he would have # made bad work of it; but he b e waited for a better time. In a few a weeks there was a great change in the t market. The stocks advanced so much is that he was able to sell them. pay dollar n for dollar on all the liabilities of the p firm and turn over to the partners a mil te lion dollars. It is not surprising that P under such circumstances they gave him g t $350,000 for his services and a magnifi e cent silver service as a testimonial of y their personal esteem. c. V Now if the stocks counted as nothing by the committee which investigated the tl affairs of the Maverick bank were to be o forced upon the market at the present = ts time, they would probably bring very n little but if they are wisely held for an ad 1s vance. there is reason to believe that inf side of a year a large part of them could c 0 be sold at good prices, and the bank a be able to pay very nearly, if not 11 quite dollar for dollar on all its indebtedness. a b The only Maine bank that seems to 8. have been inconvenienced by the Mav. erick failure. is the First National Bank of Damariscotta which, owing to an un expected run, was obliged to suspend payment. Notwithstanding this the bank is entirely solvent. It has assets over and above its deposits to the amount of 555 37 or $13,555 37 more than the total amount of its deposit at the Maverick. It had. however over 873 000 in loans It is not probable that It had lying idle in its vaults ready money to anywhere near the amount of its deposits. It could have raised at other banks in Boston money to the amount of sixty per cent of its deposit in the Maverick using that deposit as security. There was not time, however. to have got the cash to Damariscotta before the run upon the bank com menced. Its depositors could and in the excitement of the hour probably would. have refused to receive check: upon any Boston bank and would have demanded their money. In view of such a contingency the bank did the wise thing to suspend payment until it had time to put itself in condition to satisfy all claims of its creditors When the temporary excitement has subsided and people find that the bank is both able and willing to meet all its liabilities, a large part of them will have no desire to withdraw their deposits
Click image to open full size in new tab
Burglars have recently robbed stores in Winthrop and Readfleld. 1 he Waterville board of education have tendered the position of supervisor of schools of that city to J. E. Burke, class '90. of Colby University. Mr. Burke is a democrat and a Catholic and was considered a student of much ability. Col. Charles H. Smith, who served in the famous First Maine Cavalry and is about to be retired, has been presented an elegant silver service by the enlisted men of, his command, the 19th Infantry, U. S. A. The First National Bank of Damariscotp ta has closed its doors, because of the 1 failure of the Maverick Bank of Boston, with which it had $40,000 deposited. The general feeling is that the bank is perfectly solvent and the suspension temporary.
Click image to open full size in new tab
bank's assets by 20 per cent to allow for forced shrinkage resulted in a bad showing. Mr. Potter said that he personally could have settled the bank's indebtedness without the loss of a dollar to either stockholders or depositors, if given a little time. It now looks as if depositors would not get more than 70 cents on the dollar out of the wreck. The arrests and consequent loss of confidence will depreciate the returns from assessed stockholders. As a result of this failure. in which there is an indebtedness of $40,000 to the First National Bank of Damariscotta, Me., the latter has had a run and has suspended payment. although evidently solvent. The bank examiner has taken charge of it.
Click image to open full size in new tab
THE LATEST NEWS. parks from the Wires--Most Important Events Throughout the World for a Week. Returns from the railroad and ferries now that 79,417,610 passengers crossed e Hudson river during the year 1890. The Itata case came to an end at Los ngeles, Cal., yesterday. Judge Rose. the United States Court, rendered a ecision granting the motion to dismiss e case against the defendants. LEXINGTON, Va., Nov There was a eavy fall of snow last night in the orthern end of the Shenandoah Val y. On the Blue Ridge mountains the iow this morning was six inches deep. PARIS, Nov. 2.-Russia has issued a kase beginning to day, prohibiting e export of all cereals excepting heat. The ukase applies to potatoes nd all products from the prohibited eals. " The lor g strike the coal miners of e Pitts burg, Pa., district for 10 cents er ton advance is over, and the 12 000 en who have been idle for three onths returned to work at tr e operaterris. S.I Announcements of the failure of the laverick bank, which held $40,000 of e funds of the First National bank f Dameriscotta, Me, caused a run by e depositors and that bank has temorarily suspended payment, LURAY. Va.. Nov. 5.-The Luray Inn t this place was destroyed by fire toight. The fire started in the kitchen i the building. A portion of the furiture was saved. The loss is about 125,000; insurance about $100,000. CAMILLA, Ga, Nov. 4.-The coroner's iry returned a verdict in the Nix lynchg as follows: 'We the jury, find at Lakin Nix came to his death by otgun W ounds inflicted by unknown arties, and we pro-ounce it murder.' NEWBURG. N. Y., Nov. 3.-Crabtree Patchell's wooler mill at Montgom y was burned to day. Loss $75,000 ) $100,000 partially insured. One undred and fifty hands are thrown it of work. The fire caught from the biler. A New Haven tobacconist, whose ig trade is with the Yale boys, says at pipe smoking is largely on the inrease and that the cigarette trade is alling awav in proportion. This means at the collegians are becoming more ensible. Senator Hoar is only 65, but he knows ore than any sixty five men in Conress At least he thinks he does. when hey begin to talk about retiring him ) a cranberry patch in Cape Cod It then that he kicks like one of Den hompson's steers. LONDON, Nov. 2.-Owing to the fact at the employees of two firms of boot akers are striking, all the London oot makers have agreed to declare a ckout. Five thousand boot akers , re locked out to day. and 20,000 will Itimately be treated in the same anner. CONSTANTINOPLE. Nov. 2,-The ravges of cholera in Damascus show an larming increase. The record for the reek past shows 180 cases and ninety eaths. Owing to pr valence of cholera Iodeida is in nearly as bad a situation S Damascus, but at Aleppo, the plague subsided. se LONDON. Nov. 5.-Advices received ere from Dumfrieshire, Scotland, anounce that a severe epidemic of in uenza is prevailing in that secti on of he country. Hardly a person in Dum rieshire is exempt from it. Happily, here have been only two fatal cases ecorded up to date. Lady McDonald, widow of the Can dian Premier, has drank no wine since he Christmas of 1867, when, in answer ) a jocular challenge, she swore off. he cellars of the McDonald mansion re, however, tamous for their choice
Click image to open full size in new tab
THE WIDE WORLD. GENERAL TELEGRAPHIC AND CABLE CULLINGS Of Brief Items of Interest From Various Sources. A London cablegram says: In the court of appeals the Maybrick case was commenced Monday. Dispatches of Sunday say that destructive prairie fires are sweeping the country between Monon, Ill,, and Chicago. Simonson & Weiss, cloak manufacturers at Green and Canal streets, New York, failed Saturday. Liabilities estimated at $180,000. The firm began business in 1870. Patrick McDermott, McCarthyite candidate, has been elected without opposition to the seat in the house of commons for no th Kilkenney, left vacant by the death of Sir John Hennessey. The treasury department, at the request of Secretary Blaine, directed the New Orleans customs colleetor to extend the usual courtesies to Mrs. Montt, wife of the Chilean minister, who arrived there Thursday morning, The statement prepared at the treasury department shows that there was a net incresse in circulation during the month of October of $33,310,125, and a net increase of $9,182,403 in money and bullion in the treasury during the same period. The announcement of the failure of the Maverick bank, which had $40,000 of the funds of the First National bank of Damariscotta, Me., caused a run by depositors Tuesday and the bank has temporarily suspended payment. The bank is perfectly solvent. A London cablegram says: Owing to the fact that the employes of two firms of bootmakers are striking, all London bootmakers have agreed to declare a lock-out. Five thousand bootmakers were locked out Monday and 20,000 will ultimately be treated in the same manner. President Potter, of the American bank WHS arranged before United States Commissioner Hallett, at Boston, Mass., Tuesday, and pleaded not guilty. His bail was fixed at $200,000 and that of Jonas French at $100,000. Dana is out on $60,000 bail. A Dublin cablegram of Tuesday says: The United Ireland prints another letter from the late Mr. Parnell's mother appealing to Irishmen to vote for Parnell candidates and adding that their great rallying cry must be "Remember Parnell and his murderers." A San Francisco dispatch of Wednesday say The following Chincse advices have been received by the steamer City of Rio Janeiro: Particulars of a serious riot in the province of Fukien have reached Hong Kong. The scene of the trouble is Tehbua, which was attacked and captured by 8,000 insurgents. A cablegram of Monday from Constantinople reports that ravages of cholera in Damascus show an alarming increase. The record for the week past shows 180 cases and ninety deaths. Owing to the prevalence of cholera, Hodeida is in nearly as bad a situation as Damascus, but at Aleppo the plague has subsided. The bark Liberia sailed from New York Saturday morning with fixty-six negro colonists for Liberia. Only thirty-three of them are adults. They go under the auspices of the American Colonization Society, which def:ays expenses of ัะฐะทะฒะฐgะต and of maintenance for several months after they reach their destination. The debt statement, issued from Washing Monday, shows that the interest and non-interest-bearing debt decreased durOctober this being brought about by a reduction of $2,918.060 in debt on bonds, the interest on which has ceased, and $1.109,467 in the debt bearing no. interest. The interest-bearing debt has actually increased $2,000. The total interest-bearing debt outstanding is $585,026,720. Fire broke out in Lorillard's tobacco factory at Jersey City, N. J., Monday morning, on the top fioor of the brick building used as a drying room for tobacco in the first process of manufacture. Fifty thousand pounds of tobacco were stored there. It was worth $10,000, and was totally destroyed. The damage by the fire to that floor was $10,000, and the d mage to the building and the floors below was $25,000. The loss was entirely covered by insurance. A Washington dispatch of Wednesday says: Notices of intention to contest the right to the seats of six members-elect to the house of representatives in the fifty-second congress, have been filed the clerk of the house. They are as follows: Noyes, republican, will contest Rockwell's seat from the twenty-eighth New York; Miller, republican, contests Ellio't from the seventh South Carolina, and McDuffle, republican, contests Turpin's from the fourth Alabama district. from
Click image to open full size in new tab
The Controller and the Suspended Banks. Mr. Lacey, controller of the currency, returned to Washington yesterday from Boston. He said that the national banks there, with the single exception of the Maverick, are in good condition and that there is no prospect of any further trouble. In his opinion the creditors of the Maverick Bank will receive at least 85 cents on the dollar. He said also that the Damariscotta National Bank will probably be able to resume business in a short time. The Corry National Bank of Pennsylvania is in a bad condition and a receiver will be appointed in a few days to wind up its affairs.
Click image to open full size in new tab
THE BANK WILL RESUME BUSINESS. Washington, Nov. 28.-The Bank Examiner who has had charge of the Damariscotta National Bank of Damariscotta, Me., ever since its suspension informed the Controller of the Currency last evening that he would turn the bank over to the directors this mornIng, with a view to the resumption of business.
Click image to open full size in new tab
Bank Resumes Business. DAMARISCOTTE, Me., Nov. 30.-The First National bank, which closed its doors on account of the suspension of the Maverick bank, has resumed business.
Click image to open full size in new tab
A Suspended Bank Resumes Business. DAMARISCOTTA (Me.), Nov. 30.-The First National Bank, which closed its doors on account of the suspension of the Maverick Bank, has resumed business.
Click image to open full size in new tab
NEW ENGLAND BRIEFS. By a collision of two freight trains on the New England Railroad at New ington Junction, Conn., several train hands were injured, but none seriously. The First National Bank of Dam 1"iscotta, which closed on account of the suspension of the Maverick Bank of Boston, has resumed business: The doors of the Maverick National Bank at Boston were opened yesterday and the bookkeepers are delivering receiver's certificates to depositors who have proved their claims. J. H. Whitmore, of Naugatuck, Conn., has notified the Board of School Visitors of that place that he will build a $33,000 school building and present it to the town. He is also about to present a park to the town. The hearing on an application for a new trial in the case of Isaac B. Saw. telle, awaiting execution for the murder of his brother Hiram, at Rochester, February 5. 1890, occurred before Associate Justice Chase of the Supreme Court yesterday afternoon at Concord, N. H.
Click image to open full size in new tab
Resumed Business. DAMARISCOTTA, Me., Nov. 30.-The First National bank, which closed its doors on account of the suspension of the Maverick bank, has resumed business.
Click image to open full size in new tab
NOTES OF THE DAY. The water in Lake Ontario is said to be at the lowest level ever known. A couple named Block was arrested at Bay City, Mich., for passing counterfeit $20 gold certificates. The striking miners of Pas de Calais, France, have returned to work. About 47,000 of them were idle two weeks. The First national bank of Damariscotta, Me., which suspended after the Maverick crash at Boston, resumed payment on Monday. After January 1 the Illinois Steel Company will begin the use of crude oil instead of coal in its puddling furnaces at Bay View, Wis. The firm of J. Olkenheimer, of Dubuque, 1a, will soon begin the manufacture of white enameled pottery by a process hitherto known only in Germany. At Sun Prairie, Wis, Sunday the Congregational church was destroyed by fire, the flames breaking out shortly after the service began. Loss, $4,000; insurance, $1,500. It is rumored that the Russian gov. ernment is about to issue a decree prohibiting the exportation of horses from Russia. This, it is thought, Indicates that the Russian government is preparing for war in the near future. M. Siegfried. a member of the French chamber of deputies, said Monday that If the United States would diminish the duties on silks, woolens and cottons a reduction of French duties on American imports would readily be gran 1. While navvies were at work on excavations in connection with a new railway from Elbing to Miswalde, Germany, they came upon the skeletons of hundreds of men, mingled with which were numerous implements of war. It is believed that the corpses are those of soldiers who fell in battle at the time of the last Russian invasion.
Click image to open full size in new tab
STATE. The First National Bank of Damiscotta which closed its doors on account of the Maverick Bank suspension, has reopened and is transacting business 88 usual. The confidence of depositors is unshaken. Col Frank W. Roberts, ex United States Consul at Corticook, P Q and his brother Willis Roberts have purchased the Biddd. ford Standard. Work has begun on the new clothes-pin and novelty wood working mill at Canton. The mill is to be 45x85 feet, two stories, and the motive power will be a 70 horse power engine. Kineo has become an important depot for furs, nearly all the Chesuncook trap. pers bringing their packs to that point. Sixteen bear skins were recently forwarded from Kinco at one time. Piscataquis county's great game pres rves vielded $1,200 worth of pelts to one firm,last season. Directors of the Shore Line Railroad Company are in session considering the survey and matters pertaining to the building of the road They will continue the meeting to-morrow. Payson Tucker has been notified of the Bath city government's permit to build the contemplated freight house and he has answered that it is too late to resume work this fall but that it will be erected in the spring. "More yard room," is the demand at nearly all the Maine Central Railroad stations. This is the best answer of Maine to the query "how's business?" At North Anson, Mondav morning, the thermometer registered 14 below zero, with good sleighing. At Winthrop it was two below zero, and Calais has a foot of snow. More than 100,000 young fry of trout have already been caught and placed in the hatchery at Swan lake to make the Belfast fishermen happy. There are fish enough in the cars to make 500,000 fry. This lake is one of the best ftshing regions of eastern Maine now. A meeting of horsemen was held at Portland, Monday. and an organization formed, to be known as the Maine Mile Track Association, for the purpose of building a mile track in the vicinity of Portland, with a capital stock of $25,000 the shares being $25 each. The location of the track was not decided on but it will be at Scarboro Crossing or Old Orchard. A unanimous vote was taken in favor of a kite shape track. The asso. ciation will be incorporated. Cattle commissioners were in Lewiston Monday and condemned and killed a horse afficted with glanders. Mr. F. O. Boal of Bangor, who met Dr. Bailey there,said to a Bangor newspaper man, that they need more money $25,000 is not enough since they have to pay for all animals killed. Glanders is very prevalent and several cases are known in and about Lewiston. The appropriations for 1891 were exhausted two months ago. A very interesting scene occurred at the registration office in Portland recently, when Col. B. F. Eastman of that city went before the board and was enrolled as a voter under the new law. He is the old est man who has registered, and was ninety-one years of age November 15 Col. Eastman was born in Mt. Vernon, Maine, then Massachusetts, in 1800. He was the vice-president and one of the lesding or.
Click image to open full size in new tab
JACK DEMPSEY, THE SLOGGER n The Amount of Wheat America Has Shipped to Europe in the Last Two Months. There are 2,600 women school teachers of Philadelphia. An epidemic of diphtheria is raging d in Belleville, Ill. Illinois offers a bounty of 2 cents for each English sparrow head. The First National Bank of Damariscotta, Me., has resumed business. A girl at Brenham, Tex., was found to be alive after having been placed in a coffin. It is reported that the old town of Alexandria, Va., has a boom and is growing. A new herring fishing bank has been discovered off the west coast of Newfound and. Two large freight houses are to be erected at St. Louis, with a capacity of 100 cars at a time. Minneapolis is already estimating the work necessary to take care of next June's convention. Iowa farmers who experimented with sugar beets the past season are enthusie astic over the results. The Vanderbilt lines propose to run tourist sleeping cars through from New York to San Francisco. The Island of Nassau will be connected with the coast of Florida by cable about the middle of January. At least sixteen men have been killed thus far in the work of drilling the new tunnel at Niagara Falls. Evidence is accumulating that New York has been heavily swindled in the erection of school buildings. The sufferers by the great Boston fire nineteen years ago who still survive were paid $2,360 during the past year. The next Republican National Convention will be composed of 898 delegates, or 900 in case Alaska is represented. W.K. Sullivan, who recently resigned the editorship of the Chicago Evening Journal on account of ill health, has been appointed United States Consul at Bermuda. David T. Beals, the Kansas City banker, has recovered his child, which was stolen, on paying $5,000 reward for its recovery. In Kansas during the past five months and a half there has been a net reduction in the farm-mortgage indebtedness of $2,300,000. The survey of the United States anthorities from Atlantic City to Cape May has established an inland channel for torpedo boats. Commodore Melville of the steam engineering bureau recommends that the number of engineer officers should be increased to 300. Reciprocity with the United States is growing 80 strongly in public favor in Canada that many of the Tory papers now advocate it. The State of Massachusetts has decided to give financial and other aid to 103 of its towns that they may secure free public libraries. America has shipped 87,000,000 bushels of wheat to Europe in the last two months, and has received about $85,000,000 in gold in return. Jack Dempsey, the slogger, is being treated by physicians for incipient consumption. He is in New York, and his condition is quite serious. The Executive Committee of the National Conference of Charities and Corrections decided to hold the next annual meeting in Denver on June 27. By the decision of the Supreme Court of New York in the Ogden will case the University of Chicago loses $300,000. The decision may be reversed by the Court of Appeals. The beet-sugar industry in Nebraska has proven 80 successful and profitable that Omaha is preparing to put up a large sugar factory and have it ready for operation next season. The blue book of New York shows more bachelors than married men in the ranks of blue blood and money. Marriage is decried as too expensive by the members of fashionable clubs. a The order of Confederate soldiers known as the United Confederate Veterans, General John B. Gordon commanding, with headquarters at New Orleans, is to extend its organization. General J. H. Rice, the father of the Alliance arty in Kansas, has grown of the practices of at organa writing ne