E. C. Stark & Company (Oneida, NY)

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ALL TANGLED UP

Large Business Firms Fall and Quelda Back Goes Under. STRACUSE, July 13. - Saturday afternoon Hard Bros & Co. of Oneida, spring bed manufacturers, closed business, owing the Stark & Co. Bank of the same place $75.000. They (secured the bank in $20,000 before shutting down, leaving a deficit of $55,000 unsecured. This morning R. M. Bingham & Co. of Rome, large manufacturers of carriager. sleighs, saddlery and trunks closed their doors, they say for inventory. They owe the bank $71,500. This morning the bank of Oneida closed their doors, but has made no assignment as yet. Liabilities, Hard Bros. & Co. about $125,000; R M. Bingham& Co. $225,000 (estimated). R M. Bingham, Rome, with E. C. Stark, Oneida, composes the banking firm. At late report enjoyed first class credit and had $67,000 surplus. It is said Bingham & Co the wagon firm will be able to a pay fair dividend if not pushed 1 by their creditors. UTICA, N. Y, July 13. - -The private banking house of E. C. Stark & Co., of 1 Oneida, N. Y., suspended payment this morning. The cause was the suspension of Hard Bros. & Co., spring-bed manufacS turers, Oneida, and R. M. Biogham & Co., / carriage manufacturers, Rome. The bank t has 800 depositors and the amount involved 0 is over $250,000. The assets of Hard Bros. & Co are reported at $8000; liabilities $50,000 The liabilities of the Rome firm will reach over $150,000. It is claimed the assets more than cover this amount.

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Suspended Payment.

UTICA (N. Y.), July 13.—The private banking firm of E. C. Stark & Co. of Oneida, N. Y., suspended payment this morning. The amount involved is over $250,000.

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Big New York Concerns in Trouble. UTICA, N. Y., July 13 -The - private banking house of E. C. Stark & Co., Oneida, N. Y., suspended payment this morning. The cause was the suspension of Hard Bros. & Co., spring bed manufacturers of Oneida, and R. A. Bingham & Co., carriage manufacturers, Rome, The bank has 800 depositors and the amount involved is over $250,000. The assests of Hard Bros. & Co. are report ed as $8000, liabilities $50,000. The liabilities of the Rome firm reach over $150,000. It is claimed the assets more than cover this amount.

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BUSINESS FAILURES

Tremendous Collapse in Central New York-Baltimore Fruit Co. in Trouble. UTICA, N. Y., July 13.-The private banking firm of E. C. Stark & Co., Oneida, N. Y., suspended payment this morning. The amount involved is over $250.000. NEW YORK, July 13.-The Athos, from Port au Prince, brings news of the failure of the extensive fruit importing corporation known as the Baltimore Fruit Company. This company maintained a fleet of ocean steamers between Philadelphia and Bluefields. EYEACUSE, N. Y., July 13.-Considerable surprise was occasioned in this section by two failures on Saturday afternoon. Hard Bros. & Co., of Oneida, spring bed manufacturers, closed their business, owing Stark & Co., bankers of the same place, $75,000. They secured the bank in the sum of $20,000 before shutting down, leaving a deficit of $55,000 unsecured. This morning R. M. Bingham & Co., of Rome, manufacturers of carriages, sleighs, saddlery and trunks, closed their doors, they say, for an inventory. They owe Stark's bank, at Oneida, $71,500. The bank has closed. The liabilities of Hard Bros. & Co. will be about $125,000; that of R. M. Bingham & Co., about $225,000 (estimated). R. B. Bingham, of Rome, with E. C. Stark, of Oneida, composed the banking firm. It is stated that Biugham & Co., the wagon firm, will be able to pay a fair dividend if not pushed by their creditors. MILWAUKEE, July 13.-The Island Sash and Door Company has assigned. The assignee has given bonds to the amount of $130,000, which represents the nominal value of the assets. The liabilities are unknown. PITTSBURG, July 13.-The Boatmen's Fire and Marine Insurance Company, of this city, organized in 1865, decided today to wind up its affairs and go out of business. The risks, aggregating $9,370,000, have been assumed by the Norwich Union Insurance Society, of England. The stock company has not reid a dividend for five years, and the stockholders deemed it best to elose up to save further loss.

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Failure of Private Bankers.

UTICA (N. Y.), July 13.—The private banking firm of E. C. Stark & Co. of Oneida, N. Y., suspended payment this morning. The amount involved is over $250,000.

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Suspended Payment.

UTICA, N. Y., July 13.—The private banking firm of E. C. Stark & Co., of Oneida, N. Y., suspended payment this afternoon. The amount involved is over $260,000.

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A New York Bank Suspends

ONEIDA, N. Y., July 14-The banking house of E. C. Stark & Ca, of which R. M. Bingham. of Rome, was an equal partner, has suspended payment. It is understood that Hard Bros. confessed judgment to the bank. At a meeting of the creditors of E. C. Stark & Co. the liabilities were placed at $250,000. and the assets at $160,000.

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MISCELLANEOUS.

DUNCAN, the American, who attempted the murder of his wife in Wales some time ago, has been acquitted on the ground of insanity and ordered to be further held to await her majesty's pleasure.

THERE was a report that the absconding banker Marsh was hiding near Jackson, Tenn.

CAPT. HALL reports that all cattle are out of the strip east of the Rock Island railway. There are still many thousands west of there. The boomers are organizing and will destroy grass and cattle with fire if they are not gone in ten days.

E. C. STARK & Co., bankers at Oneida, N. Y., have failed for $220,000.

ALEXANDER NIMICK, chief partner in the firm of Nimick & Co., metal dealers, Pittsburgh, Pa, has resolved to retire from business and the company will be wound up. The firm has lately been carrying a great deal of unprofitable mill property.

An explosion of dynamite on the tramp steamship Gerbooth at Brooklyn, N. Y., caused the death of two men and injury of three others.

THERE was an alarming fire at Montreal on the 14th, breaking out at Broulette's lumber yards. Energetic work saved adjoining expensive buildings.

THE grasshoppers reported in eastern Colorado are said to be a harmless variety.

THE soldiers have ordered all the hay cutters off the eastern part of the Cherokee strip and arrested a number who refused to go at once.

Two large banks of Buenos Ayres, which recently suspended, have resumed business.

THE Pennsylvania Steel Co., of Harrisburg, Pa., has refused to sign the amalgamated association scale.

FREE miners have driven away the convicts and their herders from the coal mines at Briceville, Tenn.

COMPTROLLER LACEY has made a call for a report on the condition of the national banks at the close of business, Thursday, July 9.

SALTON lake in the desert continues rising, until now the overflow reaches 2,000 square miles.

REPORTS from Colorado state that the grasshoppers are not so harmless as scientifically imagined. They were an inch deep in places and driving cattle and sheep before them.

THE cornerstone of the new Methodist church at Durango, Mex., was laid recently. Fanatics gathered in great numbers and stoned the worshipers. Rev. Mr. Kilgore was seriously hurt.

ROBERT WILLIAMS has been hanged at Pine Bluff, Ark. He murdered Albert Hayes near Varner November 23, 1890.

Two sisters, Kate and Mary McGowan, aged 18 and 30 years respectively, whose home was at Avoca, Pa, were drowned in the Susquehanna river. They were boating with James Lane, aged 17. Young Lane managed to save his own life after a fruitless effort to rescue one of the girls.

Two Italians working on the loop branch of the electric railway at Westchester, Pa, were struck by lightning recently and instantly killed.

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THE NEWS EPITOMIZED

Eastern and Middle States. THE President and family enjoyed a fishing trip to Herford banks, about fifteen miles off Cape May, N. J. About 10 o'clock in the morning the President, Mrs. Harrison, Lieutenant and Mrs. J. W. Parker, Congressman and Mrs. J. E. Reyburn, Mrs. Dimmick, Mr. and Mrs. William Buckman, Miss Alice B. Sanger and Thomas V. Cooper, of Philadelphia, left on the United States revenue cutter Hamilton. The voyage was a pleasant one, and over 500 of the finest of sea bass, flounders and porgies were caught. THE investigating committee of the Philadelphia Councils heard the interview of exTreasurer John Bardsley, now a convict, concerning the Keystone Bank, into which the names of Postmaster-General Wanamaker and other prominent Philadelphians are brought. CORPORAL WESTERVELT, of Company A, Seventy-first Regiment, ran a bayonet through the leg of Private Wilkes, who was trying to sneak through the guard lines at night at the State Camp, Peekskill, N. Y. THE Massachusetts Naval Militia, in conjunction with the Squadron of Evolution, had a sham battle on Deer Island, in Boston Bay. FRENCHY, or Ameer Ben Ali, the American imitator of London's "Jack the Ripper," convicted of murder in the second degree for killing "Old Shakspeare," was sentenced in New York by Recorder Smyth to State Prison for life. GEORGE VAN RISTO'S two children were drowned in the Hudson, off New York City, despite the father's efforts to save them. EDWARD BURGESS, the celebrated yacht designer, died from typhoid fever at his home in Boston, Mass. He was born at West Sandwich, Mass., June 30, 184S. P. W. BARNEY. Superintendent of the Lake George (N. Y.) Transportation Co., was fatally hurt while rescuing his boy from drowning. WILLIAM CARPENTER, his W ife, Mollie, aged thirty, and their son John, age seven went out in a small boat on the Delaware, at Philadelphia, Penn. Just off the Federal street ferry on the Camden side their boat was run down by the ferryboat Pennsyivania. The wifeand son were drowned, the, husband being rescued. E. C. STARK & Co., bankers of Oneida, N. Y., made an assignment. Liabilities are estimated at $220,000. GENERAL MASTER WORKMAN POWDERLY, of the Knights of Labor, forwarded to Governor Pattison his declination of his appointment as one of the World's Fair Commissioners from Pennsylvania. JOHN SIPLE and William Long, boys of fifteen, were drowned while bathing at Fort Plain, N. Y. THE little naphtba launch Ethel was wrecked in the heavy surf on the bar off Long Beach, N. Y., and Louis Caemmerer, of Brooklyn; Daniel Dennis, a neighbor of Mr. Caemmerer, and George Norwood, of Flatbush, were drowned. PHINEAS M. AUGUR, the Prohibition candidate for Governor of Connecticut last fall, died at his home in Middlefield of heart disease. THOMAS VACHON, a French Canadian, shot and fatally wounded Mrs. Nora Landry, at Gardiner, Me., because she would not board him for nothing and then killed himself. A DECISION by Judge Wallace was filed in the United States Circuit Court, New York, in the caseof the Edison Electric Light Company against the United States Electric Light Company (owned by the Westinghouse Company), sustaining the Edison patent on the incandescent lamp. The suit was begun in 1885. BRACKEN'S new brick block on North street, Pittsfield, Mass., was burned. Loss $100,000. PETER YARD and George Noseman were killed and C. F. Wetterau and Andrew Gilbert fatally burned by a premature explo sion in a mine at Hazleton, Penn.