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Two Iowa Banks Fail. TOO HEAVY SPECULATION IN LAND CAUSES THE TROUBLE. CHICAGO, Oct. 12.-A dispatch from Mason City, Iowa, says: Iowa had too bank failures yesterday. The Boyer Valley bank at Woodbine, and the Caldwell bank at Logan, closed their doors and Judge King was appointed receiver. Both banks were operated by the same firm. The total deposits will not exceed $50,000. The failures are attributed to too heavy speculation in land.
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BANKS GO BROKE. Hawkeye Financial Institutions Close Their Doors. Special to the Globe. MASON CITY, Io., Oct. 11.-Iowa had The two bank failures yesterday. Boyer Valley bank, located at Woodbine, and the Cadwell bank, at Logan, closed their doors, and a receiver has been appointed for each. Both banks were operated by the same firm. The total deposits will not exceed $5,000.
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Failures. MASON CITY, Iows, Oct. 12.-Iowa had two bank failures yesterday. The Boyer Valley bank at Woodbine and the Caldwell bank at Logan closed their doorsand Judge King was appointed receiver. Both banks were operated by the same firm. The total deposits will not exceed $50,000. The fail. ures are attributed to too heavy speculation in land.
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Bank Failures in Iowa. MASON CITY, Is., Oct. 12-Iows bad two bank failures yesterday. The Boyer Valley Bank, at Woodbine, and the Caldwell Bank, at Logan, closed their doors, and Judge King was appointed receiver. Both banks were operated by the same firm. The total deposits will not exceed $50,000. The failures are attributed to heavy speculations in land.
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GENERAL NEWS. The First District R. I. Republican Congressional convention renominated Hon. Henry J. Spooner for Congress yesterday. A prominent agent for Havana cigars in New York has received a cablegram from Havana stating that the strike of the cigar makers there is at an end. Inspector Mountain of the Boston police department, is under arrest charged with selling Old Colony railroad tickets which a clerk, who was also arrested, stole. Mrs. Cleveland spent yesterday in New York and attended the performance of the Coquelin-Hading Company at Palmer's theatre last evening. The New York Herald correspondent at Washington telegraphs that Colonel Lamont authorizes him to say that the President will not interfere in the local contest in New York. Dominique Roulet, of the French fishing schooner Medelaine, which was cut down and sunk off Newfoundland by the steamer Queen, has filed a libel against the steamer in the United States district court at New York, for $38,500. Iowa had two bank failures Thursday. The Boyer Valley bank, at Woodbine, and the Caldwell bank, of Dogan, have closed their doors and receivers have been appointed. Botn banks were operated by the same firm. The total deposits will not reach $50,000. The ammunition store of A. Steert, at Fort Worth, Texas, took fire Thursday and several hundred thousand cartridges exploded causing a terrific report which was heard 10 miles distant. About $45,000 worth of property was destroyed. The Democrats of the Sixth Massachusetts District have concluded not to go out of the district for a Congressional candidate, but have nominated Col Rolay G. Usher. Prof. William Everett, of Quincy, was the man at first proposed, but the unwritten law prevailed. William Nowlin, brother of Edward Nowlin, the boy murderer, is under arrest in Boston charged with planning with an accomplice, to commit a crime similar to his brother's. The information leading to the arrest was given by a servant girl who claims to have overheard the pair laying their plans. Forger James E. Bedell got several big lawyers very much excited in New York yesterday by refusing to testify in the suit of his former employers against the bank of the State of New York to recover $186,000 paid on his fraudulent checks. Bedell would not
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Two Bank Failures. MASON CITY, Iowa, Oct. 12.-Iowa had two bank failures yesterday. The Boyer Valley Bank, at Woodbine, and the Caldwell Bank, at Logan, closed their doors, and Judge King was appointed receiver. Both banks were operated by the same firm. The total deposits will not exceed $50,000. The failures are attributed to too heavy speculation in land.
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IOWA BANK FAILURES. MASON CITY, Ia., Oct. 12.-Iowa bad two bank failures yesterday. The Boyer Valley bank, at Woodbine, and the Caldwell bank, at Logan, closed their doors. Judge King was appointed receiver. Both banks were operated by the same firm. The total deposits will not exceed $50,000. The failures are attributed to heavy speculation in lands.
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Two Small Iowa Bank Failures. MASON CITY, Ia., Oct. 13.-Iowa had two bank failures Thursday. The Boyer Valley bank, located at Woodbine, and the Cadwell bank of Logan have closed their doors and a receiver has been appointed. Both banks were operated by the same firms. The total deposits will not exceed $50,000. de
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NEWS OF THE DAY. Mr. Levy, proprietor of the London Daily Telegraph,is dead. A fire in St. Louis last night destroyed $60,000 worth of property. The exact number of the dead by the col. lision on the Lebigh Valley railroad Wednesday evening is sixty-three. The U.S steamer Tallapoosa is rumored to have run ashore off the coast of Brazil and sustained serious damage. Love & McMahon, coal dealers yesterday a of Thompson, of Biltimore, their made creditors. deed trust for the benefit of cruiser has arrived at Zauzibar for of preventing use the A the French purpose the to of their French flag by elavers as a cover trade. Land speculations caused the failures of the Boyer Valley Bank at Woodbine, Iowa and the Caldwell Bank At Logan, in the same State. Pauline McCoy, a nineteen-year old negro was banged at Union Springs, Ala., for the murder a yesterday girl, of fourteen-yearold white child. There were 66 new cases of yellow fever and 4 deaths at Jacksonville yesterday. Total number of cases to date, 3,495. Total number of deaths, 308. The democratic conferrees of the eighth district of nomWilliam Mutch!er, yester inated congressional Penneylvania, of ballot. Easton, day morning on the 344th Baron Carl von Cotta, head of the great firm issued Goethe'a andSchiller's works, died. German publisbing which has just 1640. The housew founded as early as Addison Cammack. the bear operator in this stock market in New York, is credited with having made over one million dollars on the recent caperings of the wheat mar. kets. Hon. S.S. Cox was renominated last night for Congress by the German democrate of the nisth district of New York. Tammany Hall nominated Mr. Cox also for the same district. G The B. & O. Railroad board of inquiry n the dismissal of the freight mistake , recommended train men who-e caused the Metropoli- the accle dent last Saturday night on 11 tan Branch. Mrs. A. L Nicholls, of Washington, who g wasa at the Westminister the a York, guest is mourning disappearance Hotel, Whether New of case of jewelry valued at $1,000. n the valuables were taken from ber room or e were lost on the street is not known. I Prime Minister Fioquet, of France, de e clares that be will resign if the project for the revision of the constitution is rejected or has to be adopted by a majority secured 8 by a coalition. He further declares that he c will only accept the vote of a republican majority adopting the project. d The three-masted schooner Annie B. Ranit dall, from Clarke's Cove, Maine, for Elizaw beth City, N. C., with ice, was wrecked last e night five miles south of Cape Hatteras. The crew were reseued by life saving mer after having been strapped to the mast for five hours. The vessel is a total wreck. D The opening of the contest on the mayoraity election in New York with four candie dates in the field, almost Beta the national e issue in the background. Samuel J. Tilden N once said about a similar situation "You might as well expect peace in hell as no g trading in New York with three men runniog for the same office." l The result of the charter election on Tuesday in Newark, New Jersey, appears to def monstrate the futility of the free trade scare, upon which the republicans have been relying for success in the present campaign. The city went democratic for the first time 8 in twenty years in an election proceeding the presidential election. : It has been estimated that the number of g voters in Iodiana whose minds are not yet made up, or at any rate not known to the party CANVASSERS, does not exceed ten thousand. It is also estimated that the number of speakers, big or little, on the y at etump the ninety counties of Indiana the present must be at least 2500. e Tammany Hall has again tendered the y olive branch to the County Democracy by d the unanimous passage by the committee of t twenty four of 8 resolution in favor of a un e ion of all the democratic organizations in the nomination of congressional candidates in e districts in which democratic dissensions f might result in the election of republican members of Congress. d e Mr. Jay Gould's expressed determination n not to give active attention to business is d thus explained by Mr. Henry Clews in his circuiso 'When Mr. Gould wants to buy stocks he d as even to be reported when he wants usually being sick, deserts sell he the is unto always street death, and to but i found in good health in proximity with his a brokers, doing the fine work in handling the market to land stocks upon." 0 the Track.
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Two Banks Fail. MASON CITY, IA., Oct. 12.-Iowa had two bank failures yesterday. The Boyer Valley bank, at Woodbine, and Caldwell bank. at Logan, closed their doors, and Judge King was appointed receiver. Both banks were operated by the same firm. The total deposits will not exceed $50,000. The failures are attributed to heavy speculation in land.
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IOWA CONDENSED ITEMS. W. H. Hall, brakeman on the Chicago, Milwaukee & St Paul road, was horribly mangled in the Perry yards. The train was made up and when they reached the depot brakeman Hall was not to be found The conductor and brakeman started back and soon discovered the lifeless remains of their fellow workman. Mr. Hall's body was mangled into a hundred pieces and the bunch of keys he carried in his pocket was broken into numberless pieces. The theory advanced regarding this sad accident is that Mr. Hall must have fallen between the cars. Most of the train passed over his body. Deceased leaves wife and one child. The Ida county bank was purchased by the First National Bank of Ida Grove, and Geo. T. Williams sold the Ida County Pioneer to local firm. The two oldest firms in Ida county have thus changed bands Noah Webster was the pr prietor of the Ida county bank. and will retire from active business George T. Williams, being one of the directors in the First National will devote his time to that branch of business As part of the consideration of the Pioneer sale, is is agreed that all of Williams' libel suits shall be dismissed. Rev. Dr. Safford, pastor of the Congregational church at Grinnell, has tendered his resignation. The committee on invitations has ordered 10,000 invitations printed for the opening of the bridge between Council Bluffs and Omaha Francis Snyder the aged Boone citizen who recently married Mrs Hull. has since died. He was seventy nine years old and his bride was seventy-eight An unknown night prowler is making a business of frightening unprotected females in Boone, and the citizens are preparing to fill his body full of cold lead if they can catch him. G. W. Bailey of Monmouth known fame as Tank Cee. the Chinese lecturer, together with his wife, is the central figure in sensational scandal A marriage license has been granted to Theodore W Patterson and Mary E Patterson, of Muscatine This couple was married some sixteen years ago and in later years were divorced. but have now concluded to pass the remainder of their days together. S. E. Carrell, of the Democrat at Adel, has been confirmed as postmaster at that place. Gov Larrabee has been requested to appoint delegates to the American forestry congress at Atlanta Ga., which is to meet on November 29th. Des Moines celebrated in grand style the victory of the base ball club of that city in winning the pennant in the sea son's contest in the Western Association On the night of the 11th there was monster procession: the city was ablaze with fire- works and illuminations, and the boys were given a banquet at the Savery where the prizes were presented. with toasts and responses. Altogether appears to have been grand and imposing demonstration and all Iowa is proud of her champions of the diamond. Sixteen divorce cases decorate the docket of the Mahaska county court. Teachers' examination for State certificates will be held at Des Moines, Dec. 26 and 27. During the past year the city of Keokuk has expended $13,029.36 in the improvement of Grand Avenue. Francis Snyder, aged seventy-nine, and Mrs. Lydia Hull, aged seventy-eight, were married recently at Boone. A little boy named North was run over by the cars in Des Moines and so badly crushed that he died in an hour and half. Davenport is to have a new Baptist church to cost $25,000. The Cadwell bank of Logan, and the Boyer Valley bank, of Woodbine, both being under the same firm, made an as. signment to Stephen King of Logan The deposits foot up about $30,000, be. sides $10. 000 of county funds There was serious fire in Montezuma Oct. 9. The blaze started in John Stahl's billiard room on the north side of the square, burning that building a harness shop adjoining, one other building and several structures in the rear of these. -P Cadwell and Wm. Caewell com posing the banking firm operating banks at Logan and at Woodbine made an signment after banking hours Oct. 9. The assets are said to be largely in excess of liabilities The embarras-ment being tem porary only and caused by run on the Woodbine branch in consequence of rumors in connection with the alleged defalcation of ex-cashier. The present term of the Supreme Court at Des Moines has just admitted class of twenty three out of twenty eight who applied to practice law. Five re jected and remanded for new trial after better preparation A party from Montana was in Independsoce recently buying yearling and two year old draft fillies. He shipped one load from Independence and one from Oelwein prices ranged from $125 to $200 for each colt. Mr. George Davis, of Dubuque, whose successin photographing flash light ning has been noted by the Scientific American, recently visited spar cave below the city and photographed the interior by the light of torch. Several months ago an interesting test case was carried to the Supreme Court from the district court of Palo Alto county. The case that of Methodist minister who had been active in enforeing the prohibitory law by securing in junctions against saloon keepers. One of the latter had him arrested on the charge that he had voted and has been acting as a citizen when he was not citizen, claiming that as he was aminister under the itinerant system of the Methodist church subject to removal at time by the bishop. that therefor he any did not acquire a logal residence at any place at which he might be stationed. It was a new and rather audacious point to raise. but the Supreme Court has passed upon it, and decided. as was expected
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county, will be discontisued Oct. 31. because no one wants to be postmaster. The National Electric Manufacturing company, of Eau Claire, has been incorporated with a capital of $50,000. Two hundred feet of the Cornwall canal bank gave way near Cerawall, Can., flooding the surrounding country. Traffie will be delayed three or four weeks and several ocean steamers delayed that were waiting for grain. The steamer Robert B. Carson sank near Evansville, Ind., through the cellapsing of the bottom. Fifty head of cattle, four horses and some freight were lost. The crew were saved. The Grand Jury of St. Claire county, III., have returned an indictment against Clovis Soucy ex-supervisor of Cahokia township. charging him with the embezzlement of $40,000. The Emperor of Germany paid his respeets to the Pope in the Vatican at Rome Friday afternoon. The Chicago, Rock Island and Pacific Railroad Company's line has been completed to Colorado Springs. in Southern Colorado, and freight traffic will begin at once. Diphtheria is epidemic around Ispheming, Mich. A monster gas well has been tapped at Wabash, Ind. The Platt (III.) county Sons of Veterans held a big reunion at Monticello last week. A Kansas copperhead Democrat in Atchinson countr burned an American flag in a fit of political rage. The Boyer Valley Bank at Woodbine, Iowa, and the Cadwell Bank at Logan, both operated by the same parties have suspended. J. W. Makemson. R farmer living near Warsaw, Ind., left home Tuesday of last week for a day's hunt. and Thursday his body was found in the woods with his head blown to pieces. Pauline McCoy (colored) was hanged at Union Springs, Ala, for murder. It was the first execution of A woman in Alabama since the war, and the third since its incorporation as a State. In a riot at Macon, Mo., between striking miners and Hungarian workmen, Thomas Wardell, the owner of the mine, was killed, and two miners fatally wounded. In an attempt to rob the pay-car on the Black Hills and Fort Pierre RAilroad. two robbers were fatally shot, and the third got away with some holes in him. The pavinaster stood them all off with a Winchester. Chris Peterson. night watchman at Anderson & Porter's mill at London, Mich., was ground to pieces in the shafting. Four men were buried and seriously injured by the eaving of a sewer trench at Youngstown, Ohio. James Donnelly WSS thrown from A horse he was riding in n race at Blue Rapids. Kas. and killed. Twenty-one conductors and brakemen on the Union Pacific have been indicted for robbing freight cars. The Regents for the Michigan University have voted against moving the medical school. or any other department. to Detroit. James D. Pike. of Bloomington. D., has been awarded $1.400 damages against the Lake Erie and Western Railway for killing his boy at a crossing. The Vandalia freight sheds at East St. Louis were burned with all their contents. The loss will be over $100. 000. It is thought the fire was set by thieves who were trying to steal freight. A laborer on the Chieago city Railway while coming out of a manhole corner Wabash ave and 12th street was struck by a grip car and literally torn to pieces. The Post Office of Buffale, N. Y., was robbed of several thousand dollars in