5924. State Savings Bank (Indianapolis, IN)

Bank Information

Episode Type
Suspension → Closure
Bank Type
savings bank
Start Date
January 3, 1878
Location
Indianapolis, Indiana (39.768, -86.158)

Metadata

Model
gpt-5-mini
Short Digest
2f0d88c6

Response Measures

None

Description

Multiple contemporary newspapers report that the State Savings Bank of Indianapolis petitioned the Auditor of State to surrender its charter and go into liquidation (voluntary). Assets reported sufficient to cover liabilities; 25% to be paid immediately and remainder within six months. No run is reported in these items prior to the liquidation announcement.

Events (1)
1. January 3, 1878 Suspension
Cause
Voluntary Liquidation
Cause Details
Bank petitioned the Auditor of State to surrender its charter and go into liquidation; assets sufficient to cover liabilities; planned partial immediate payment and remainder within six months.
Newspaper Excerpt
The State Savings Bank, of this city, has petitioned for, and obtained, authority from the Auditor of State to surrender its charter and go into liquidation. The assets are sufficient to cover all liabilities. Twenty-five per cent will be paid to depositors at once, and the balance within six months.
Source
newspapers

Newspaper Articles (8)
1. January 4, 1878 New-York Tribune New York, NY
Article from New-York Tribune, January 4, 1878

Click image to open full size in new tab

Article Text

SAVINGS BANK TROUBLES, THE ROLLINSFORD SAVINGS BANK. GREAT FALLS, N. H., Jan. 3.-The Rollinsford Savings Bank, of Salmon Falls, has given notice that no more deposits will be received for six months, but from the sales of the most avaiable securities it will pay to all depositors, on or before February 1, 25. per ceat on their respective accounts, and realizing from the assets of the bank as fast as consistent with the best possible management, will continue to rednce the debt due depositors. This course is decided upon under no heavy losses or prospect of any other than the depression of the times. The bank has $750,000 in deposits. THE YORKVILLE, ORIENTAL, AND ABINGDON SQUARE SAVINGS BANKS. ALBANY, Jan. 3.-Justice Landon, at Schenectady, has granted leave to Vedder Vandyek, receiver of the York ville Sauings Bank, to bring suit against John McQuade for $4,000, Francis T. Twomey for $4,000; against trustees of the bank who have received dividends illegally, and against Charles Jones and Thomas P. McQuade, for overdrafts. The receiver reported that the books showed a contingent liability in favor of Henry W. Genet for $17,469 10, which, soon after Genet's departure, was appropriated by the officers of the bank and asked permission to examine the officers as to why they had appropriated the sum. when it belonged to Genet. Permission was granted. Justice Learned has approved the $40,000 bond of Robert Hoe, Stephen D. Tucker, Geo. G. Hallock. Peter 8. Hoe, and Win. L. Colby, receivers of the Oriental Bank. Justice Landon has confirmed the settlement made by Frank Thompson, receiver of the Abingdon Square Savings Bank, with certain trustees of the bank. THE MINERS' TRUST COMPANY'S BANK. POTTSVILLE, Penn., Jan. 3.-Messrs. Russell and Madden, assignees of the Miners' Trust Company's Bank, of Pottsville, filed their first account yesterday. This statement shows the assets to be $233,206 65, and the bal ance in their possession for distribution amougst depositors is $13,146 72, which will pay nearly 1 per cent of the whole indebtedness. INDIANAPOLIS STATE SAVINGS BANK TO CLOSE. INDIANAPOLIS, Jan. 3.-The State Savings Bank, of this city, has petitioned for, and obtained, authority from the Auditor of State to surrender its charter and go into liquidation. The assets are sufficient to cover all Habilities. Twenty-five per cent will be paid to depositors at once, and the balance within six months.

2. January 10, 1878 The Somerset Press Somerset, OH
Article from The Somerset Press, January 10, 1878

Click image to open full size in new tab

Article Text

have been recovered from the ruins of the Barclay Street fire, New York City. THE liabilities of Polledo, Rionda & whose failure is reported at Havana, Co., are about $2,000,000 gold. CHISM & BOYCE, in the trade at Orleans, have The cause is of the New the failure sugar suspended. crop. sugar THE schooner Addie P. Avery, of New came ashore at South Truro a few ago. Vessel and crew days Haven, lost. supposed to be the went ashore on Cape Cod, and Innes, A SCHOONER, Thursday, Martha a crew of six men were drowned. JAKE HARNESS was hanged at Clinton, a Tennessee, Saturday, December 29, for murder committed twelve years ago. GEORGE M. BROOKS' Bank of Lowville, New about York, has suspended. Liabilities $60,000. Assets claimed to be equal. THE State Savings Bank at Indianapolis, having concluded to quit business, has filed State. a petition to that effect with the Auditor of Two men were killed and a third probably fatally wounded at Glendale, L. I., the explosion of a dynamite cartridge while by preparing a blast. THE Scranton Coal Mine, near Wilkes. barre, Pennsylvani was the scene of Saturday, December 29. a men were seriously Several terrific explosion injured. GEORGE WUNKS& Co., one of the oldest and largest dry goods importing houses in Montreal, has failed. Liab lities pay cents on the BUNN, of State will BANKER seventy-five Springfield, dollar. $300,000; Ill,; Savings Bank of Indianapolis, and the the the Woburn five-cent Savings Bank, are among number placed on the suspension list. LABORERS digging in the ruins of the Barclay street fire, New York, on the 3d, covered two bodies, which were taken to the Morgue. This makes fifteen bodies found so far. A CAB broke through the ice, on the outskirts of Halifax, lately. Two women, and Flora McDonald and Ida Boutiller, young John Milton, the driver of the vehicle, were drowned. JOSEPH W. HELMER, real estate and log broker; Levi J. Anna, hatter; Norman Perkins, lawyer; Amas H. Woodruff, coaldealer,- failures of all a single of Chicago,-are day. the reported REPORTS from points in Louisa counties, Virginia, state a of earthquake was felt on shock Hanover of the that eve- and ning the 3d. The shock is said to have been accompanied by a roaring sound, like a chimney afire. THE Workingmen's Congress in its recent session the at Newark, N. J., decided to publish party organ in the English language, Cincinnati. The Executive Committee in directed to select a name and issue was soon as a private banker on the East Side of Des business S.N. possible. THOMAS, Moines, doing it as has suspended. The latter are Iowa, assets, be $48,000. Liabilities, claimed $25,000 to good. Thomas claims pay dollar for dollar in able THE tolerably to Pennsylvania Legislature-m sixty days. to be noon on January 1. In the Senate, at was chosen Speaker an adjourned session of the this islature V. Cooper being pro Thomas tem., Legthe of 1877. With but few exceptions, officers of both houses are the same as last year. THE London Advertiser hears, on reliable authority, that official information has been have received in St. Petersburg that the Chinese massacred fifteen thousand women of and d children at the Kashgarian town men, Manas, committing frightful atrocities. ONE of the saddest and most appalling accidents happened lately at Conner, a boy fifteen came from Sidney to spend the years old, Ohio. with his Frank Bellefontaine, holidays 1 cousin, Grant Fry. While comin paring the loaded pistols the former was shot right eye, producing instant death. AT the dinner of the Banks Club, Butler Boston, Saturday, December 29, General in spoke atlength on the He defended the President's criticised his Southern h uation. but eighty policy. political About title, sith General prominent Republicans were present. Banks and others made speeches. THE little villiage of Ferndale, Pa., V shocked by a terrible tragedy. hasjust s Miss Haddock, in a fit of jealousy, murdered John in Lizzie Davis, with whom he was a knife love, by stabbing her several times with madly and and shooting her with a o heart, then fired a bullet through revolver, his own S is PROF. HENRY, of the Smithsonian e lin, stitute, reports that Prof. Foerster, of Inthe announces the discovery by Palasa, Ber o eleventh 29th of December, of a planet of on minutes magnitude, seven hours the g and seven ascension, thirty-nine degrees, eight minutes north y of lawlessness at iFour on the last day of the men were shot in the ts land, saloon, sibly Eva. A REIGN Colorado, declination, prevailed afternoon year. Gar. posiM. and at 8:45 in the evening, in 8 concert Clay, a lawyer residing there, entered George hall, had a dispute with d keeper, then whom he cut with a knife, and the bar death. inghis himself shot through the temple, caus was United FOLLOWING is an official statement g cember 31: States currency outstanding De of S $63.53 d demand notes is 349,943,776 Legal tender notes, all issues. 54,16 One year notes of 1863. 116,05 Two year notes of 1863 e Two year coupon notes of 1863 23.95

3. January 10, 1878 The Eaton Democrat Eaton, OH
Article from The Eaton Democrat, January 10, 1878

Click image to open full size in new tab

Article Text

pestilence and and civil commotion, friendship reconciliation between those heretofore estranged." The State debt of Kentucky is $183,394. She has resources to enable her to bear up under this burden-$1,368,142.20, to say nothing of a claim against the Federal Government of $397,587.27. Considerable excitement has prevailed in New York by the announcement of the failure of John Bonner & Co., No. 32 Broad Street, one of the oldest houses on the street. The firm has made an assignment to B. W. Griswold. the It is said that the firm pursued same methods charged against Netter & Co., rehypothecation of securities. Liabilities are said to be quite heavy, and several prominent speculators are mentioned as considerable losers. Intelligence of the failure has had a depressing effect on the stock market, and some of the leading shares are down one per cent. The Pennsylvania Legislature met at noon on January 1. In the Senate, Thomas V. Cooper was chosen Speaker, pro tem., this being an adjourned session of the Legislature of 1877. With but few exceptions, the officers of both houses are the same as last year. For the first time in the history of Virginia since colonial times its Governor, Col. F. W. M Holliday, was inaugurated January 1, with all the display and pomp of grand public demonstrations. The Governor, in his inaugural address, takes the strongest grounds for the maintenance of State credit, making the points that the debt was created to provide improvements which the State now posseses, and from which it daily derives profit; that the war effected no change in the relations between theStateand its creditors; that no one questions the obligations of the debt, the laws under which it was created, or the benefits the conferred upon the State by property its proceeds brought, and that the General Assembly should direct its utmost efforts to the question how to pay, and denounces the course of those who seem to strive how not to pay. The address declares Virginia can not escape her liabilities, which all men acknowledge, except by a process similar to a schedule in bankruptcy, with surrender of assets, and concludes this subject with a declaration of belief in Virginia's ability to meet her obligations. Great applause greeted these statements. The Governor seemed to consider the debt question to be the only one of greatimportance before the people. Governor Hartranft, in his message to the Pennsylvania Legislature, says that affairs of the Commonwealth are shown to bein reasonably satislactory condition. The Governor recommends the creation of the office of Bank Examiner and Commissioner. A great portion of the message IS devoted to a and narration of the events of the July riots, suggestions regarding the prevention d of a recurrence of similar troubles. It also recommends the passage by the Legislature at of the act prepared by the War Department Washington, designed to facilitate the transfer the to the United States of the title to Antietam National Cemetery. In recommending the creation of the office of Bank the Examiner, the Governor calls attention to d project for a national savings fund, and while pointing out the great influence which it would give to the Federal Government, or dominant party, he considers it worthy of support and co-operation. t A special from Marquette, Michigan, says that while a Chicago & Northwestern boxthe car was being loaded with nitroglycerine, at Jackson mine, near Negaunee, the mass exploded, instantly kilting seven men and demolishing the car. The locomotive n lifted into the air and thrown fifty feet, was and d landed in a confused heap of wood and iron. d The ship Nebro, from Coscumpee for Prince Edward's Island, has been lost with nine men on board. Three bodies have been washed ashore at New Frage. The little village of Ferndale, Pa., has d just been shocked by a terrible tragedy. ce John Haddock, in a fit of jealousy, murd dered Miss Lizzie Davis, with whom he 1e was madly in love, by stabbing her several times with a knife and shooting her with revolver, and then fired a bullet through a his own heart. Banker Bunn, of Springfield, Ill.; the State Savings Bank of Indianapolis, and the Woburn five-cent Savings Bank, are among of the number placed on the suspension list. 1e Joseph W. Helmer, real estate and loan of broker; Levi J. Anna, hatter; Norman C. n Perkins, lawyer; Amas H. Woodruff, coaldealer,-all of Chicago,-are the reported failures of a single day. y Fifteen bodies have been recovered from W York. the ruins of the Barclay Street fire, in New I. The Massachusetts Legislature met in n joint session on the 3d., Governor Rice, in dhis message, favors pacification and civil service reform. m The Maryland Legislature organized on to the 3d. Edward Lloyd was elected Presirs dent of the Senate, and F. S. Hoblitzell d Speaker of the House. The Governor's 1d message shows that the net debt of the È State, for which interest must be provided, he is $6,396,322. SO Gevernor Connor was inaugurated Gov ly ernor of Maine, January 3. erThe Rollinsford Savings Bank, Salmon ut Falls, N. H., has given notice that no more deposits will be received for six months re but that from sales of the most available es, securities the bank will pay to all depositors at on or before February 1 twenty-f

4. January 12, 1878 American Citizen Canton, MS
Article from American Citizen, January 12, 1878

Click image to open full size in new tab

Article Text

LATE NEWS ITEMS. o The President has issued an order discontinuing the Sioux City Land Office, and directing its business and archives to be transferred to Des Moines, Iowa. There e are now less than 2,000 acres of public lands in Iowa fully subject to disposal by the Government. e The Rockland County National Bank, of Nyack, N. Y., has suspended. The Indians recently attacked a stage t coach in Bassey Canyon, Western Texas, captured the four horses and killed both the driver and Gabe Valdez, the division Superintendent of the stage line. John Bonner & Co., a well known firm of New York brokers, failed on the 21st, with liabilities amounting to some $400,000; no assets. The suspension also brought down the Bankers' and Brokers' Association, with whomthey had large dealings. The Legislatures of New York and Pennsylvania convened on the 1st. A charivari party who were serenading a newly married couple, Mr. and Mrs. Philip Mertz, at Monroeville, Allen County, Ind., the other night, were fired upon with buckshot, several of the party being badly wounded. Jacob Harness was hanged at Clinton, Tenn., on the 29th, for the murder of Isaac White, more LafayThe Ind., German committed has gone Savings into than Bank liquidation, 14 years of ago. ette, but promises to pay all depositors in full. The old Bull's Head Bank of New York City is to be wound up. Its capital is said to be impaired to the extent of $50,000, but depositors will be paid in full. Henry Underwood, said to be one of the Union Pacific train robbers, known as Thomas Nixon, was recently arrested at his home, 72 miles west of Sherman, Texas, and to lodged in jail at Omaha. There appears be some question as to his identity. Marshall Jewell, President of the Charter Oak Life Insurance Company, informs policy holders that unless they consent to the scaling down of their policies 40 per cent. the company must go into bankruptcy. The banking-house of Jacob Bunn, Springfield, III., suspended on the 2d. Liabilities about $900,000, and assets sufficient to pay all debts, it is said, if time is allowed and property not sacrificed. The large amount of unproductive real estate held by the house is said to be largely the cause of their failure. A frightened team backed a wagon, containing Mrs. Morris Goodloe and four children, off the bridge over Obion River, Tenn., on the 2d, resulting in the drowning of the four children. The State Savings Bank of Indianap olis has petitioned, and obtained authority from the Auditor of State to surrender its charter and go into liquidation. The assets are sufficient to cover all liabilities. Twenfive per cent. will be paid to depositors at once, and the balance within six months. The Rollinsford Savings Bank, at Salmon Falls, N.H., has suspended, with $750,000 of deposits. The assets are said to be amply sufficient to payall claims, if time can be had to realize their value. The banking-house of I. N. Thomas, at Des Moines, Iowa, closed on the 3d. Depositors are promised to be paid in full. Virginia experienced an earthquake shock on the 2d. There was a fraternal gathering of Mexicans and Americans at a ball given by the Mexican officers at Matamoras, Mexico, on New Year's night. A large number of officers of both armies were present, and the most cordial feeling was exhibited. Steam-boiler explosions in the United States during 1877 caused directly the death of 131 persons and the maiming of 123 others. At Montpelier, Blackford County, Ind., on the 4th, J. J. McGrew, a merchant, shot and killed Kitter Kreutzner, a farmer. The latter was known as a dangerous chara acter, and the shooting was the result of threatened attack upon McGrew by Kreutzner. p At Wheeling, West Va., on the 3d, Henry a once shot on d wealthy, Daub, himself well known his his citizen, second first wife's grave, after a quarrel with wife, n which it is said she turned him out of the house. A number of Fenian prisoners who to were sentenced to life-long penal servitude to in 1866 have been released on ticket-ofleave. Among these are Color Sergeant p McCarthy, Corporal Chambers and Private O'Brien. The Panama Star and Heraid. has to m further particulars regarding the loss of the teamer Atacama, from Valparaiso to Calfo ao, which went to pieces on a rock near the the on the night e of on board, were Chilian/coast 124 persons only of Nov. 30 30. saved. Out S] The old established banking-house of ce Peddicord and Burrows, Decatur, Ill., susended on the 5th. C g WAR NEWS. W

5. January 17, 1878 The Redwood Gazette Redwood Falls, MN
Article from The Redwood Gazette, January 17, 1878

Click image to open full size in new tab

Article Text

EPITOME OF THE WEEK. Condensed Telegraphic News. CURRENT PARAGRAPHS. Cholera has made its appearance in Jeddah and Mecca. Fifty-two colored emigrants recently sailed from New York for Liberia. There were 8,026 deaths in Chicago last year, being 547 less than in 1876. On the coast of Maine, on the morning of the 7th, the thermometer marked 42 degrees below zero. The debt of New York City was recently stated to be $117,741,050. That of Boston is $43,354,444. Jacob Bunn, the well-known banker of Springfield, III., has made an assignment. His liabilities aggregate about $800,000. At Bethlehem, Pa., on the 2d, Miss Lizzie Davis was murdered by her lover, John Haddock, who subsequently committed suicide. The President's receptions, as announced on the 7th, will be held on the evenings of Jan. 15, Feb. 5 and Feb. 26, from eight till ten o'clock. Official information has been received at St. Petersburg that the Chinese massacred 15,000 men, women and children at the Kashgarian Town of Manas. The number of marriages in New York City, in 1877, was 7,129: births, 25,569; deaths. 26,194. The number of deaths of children under five years of age was 12,344, being 1,866 less than in 1876. On the 3d, Samuel H. White, a former Vice-President of the Charter Oak Life Insurance Company, of Hartford, Conn., was, with other ex-officials, indicted for conspiracy to defraud the policy-holders. Cardinal Manning has proposed to the College of Cardinals that, on the death of the Pope, the Conclave assemble at the Island of Malta. The proposition was being considered on the 4th, but no decision was reached. The weather, in many portions of the South, has been recently very cold for that region. The mercury in some parts of Virginia ranged below zero, and at Memphis, Tenn., was down to 14 degs. above zero, on the 7th. The public-debt statement for December places the total amount of the debt at $2,233,802,692. Cash in Treasury, $187,847,250. Debt, less cash in Treasury, $2,045,955,442. Decrease during the month, $71,624. Decrease since June 30, 1877, $14,202,780. Among the suspensions announced on the morning of the 3d was that of the State Savings Bank of Indianapolis, Ind. The Bank Examiner reports deposits of $84,556.78 and assets of $85,513.68. It was believed that depositors would be paid in full. On the 7th, the Secretary of War designated Col. J. H. King, of the Ninth Infantry, and Lieut.-Col. Wm. H. Young, of the Nineteenth Infantry, to serve with the citizens of Texas "appointed by Gov. Hubbard to investigate the El Paso disturbances. The Solicitor of the Treasury Department has decided that goods manufactured in bonded warehouses may be transported to and exported from other.ports, provided that the transportation to ports of actual exportation is performed by regularly bonded carriers. A box filled with nitro-glycerine exploded at Negaunee, Mich., on the 2d, instantly killing seven men and entirely demolishing the car on which it was being transported. The locomotive to which the car was attached was lifted and thrown bodily a distance of fifty feet. On the 2d, Dr. T.S. Lambert, exPresident of the American Popular Life Insurance Company, of New York, was sentenced to five years' imprisonment in the State Penitentiary. He had been convicted of swearing to false statements of the condition

6. January 17, 1878 The Centre Reporter Centre Hall, PA
Article from The Centre Reporter, January 17, 1878

Click image to open full size in new tab

Article Text

Western and Southern States. The number of lives loss on Western rivers during the past year-mainly the result of the burning or explosion of steamboats-is seventy, and the pecuniary loss is down at $5,330 000. A convention lasting ten days was held in St. Louis by the colored school teachers of Missouri. The German Savings Bank of Lafayette, Ind., has failed. Its liabilities are placed at $89,000 and nominal assets at $94,000. While making New Year's calls in Cleveland Ohio, Charles T. Boyer and C. Meitzer, clerke in a clothing store, were thrown from their buggy. Boyer was instantly killed and Meitzer was seriously wounded. Colonel F. W. M. Holliday was inaugurated governor of Virginia with much display, this being the first occasion since colonial times that a governor of Virginia has been inaugurated with such imposing public ceremonies. Recent Western failures Joseph H. Helmer, of Chicago, real estate and loan broker, with about $150,000 liabilities Jacob Bunn, of Springfield, III., banker, with about $800,000 liabilities, and Hickox & Spears, of San Francisco, bankers, with liabilities unknown. Seven men were instantly killed by the explosion of two tons of nitro-glycerine that were about to be removed to a railroad near Negaunee, Mich. The force of the explosion was so terrific that it was felt distinctly three miles away a locomotive was thrown fifty feet into the air and landed a shapeless wreck, and of the seven men killed three were blown into a thousand fragments. A wagon containing Mrs. Goodloe and four children was backed by a frightened team off a bridge over the Odin river, near Nashville, Tenn., and all the children were drowned. According to dispatches from various parts of Iowa, Illinois, Indiana, Minnesota and Wisconsin nearly all business was suspended, owing to the extraordinary amount of mud prevailing in the localities mentioned. Every city, town and country road, lane or alley was covered with the liquid nuisance to such an extent that traffic was at & standstill, and farmers ventured out only in cases of necessity, while cattle, hoge and grain and all kinds of produce were kept from market. In Laporte, Ind., six citizens rode through the principal streets in a boat drawn by mules, the mud being nearly two feet thick and in a liquid state. At Indianapolis Judge Gresham appointed L. A. Millbank receiver of the Anderson, Lebanon and St. Louis railroad on application of the creditors of the road. The stockholders of the Real Estate Savings Institution of St. Louis resolved to suspend. Carl Maas and wife, of Crawford county Iowa, locked in their three children, aged respectively one, two and & half and four years, and went to husk corn. During their absence the house caught fire and the three children were burned to death. A loss of $15,000 was caused by the destruotion by fire of six buildings in the business portion of Napoleon, Ohio. They were insured for $8,700. An immense crowd witnessed the hanging of Jack Harris at Clinton, Tenn., for the murder of Isaac White in 1863. After his crime Harris escaped capture for over twelve years. Several counties in Virginia were visited recently by an earthquake shock, accompanied by & roaring sound. The legislature of Maryland organized and listened to the reading of Governor Carroll's message, The State Savings Bank of Indianapolis, Ind., has gone into liquidation. The assets are stated to be sufficient to cover all liabilities. From Washington. At a cabinet meeting Mexican affairs were a subject of conversation, though the discussion was followed by no definite result. Since the passage of the army bill. the goveroment has paid out over thirty millions in currency, the greater part having been paid as compensation to the officers and men of the army. The United States treasurer destroyed $1,396,512 in legal tender notes, that sum being eighty per cent. of the amount of national bank circulation issued during the past month. During the last session of Congress the bills introduced for the erection of public buildings aggregate nearly $6,000,000, the: greater part of which is for the South and West. The New Year's day reception given by the President at the White House was attended by all the army and navy officers, foreign ambassadors and other officials, as well as many private citizens. Upon representations of Congressmen Schleicher and Mills, of Texas, the President has ordered that a commission of three-two officers of the army and a citizen of Texas-investigate the attack on State troops at El Paso, alleged to have been made by parties from the Mexican side of the Rio Grande. In December the public debt was reduced $71,623.15. There was a falling off of $448,000 in the internal revenue receipts during December. There will be a public sale soon of goods unclaimed and left over from the Centennial exhibition. The articles left behind by exhibitors are numerous, and some of them valuable The excess of exports over imports in the United States during the eleven months ended November 30, last, amounts to $124,000,000. Foreign News. The British government has consented to mediate between Russia and Turkey, but it is not deemed likely that the former will consent to open negotiations in that manner. The Czar has called for 250,000 troops to reinforce the army. Eleven buildings were burned by & fire in St. John, N. B. The total loss is about $60,000, on which there is & partial insurance. At the request of the Spanish government Don Carlos has been expelled from France, and ex-Queen Isabella has written a letter denounc ing the expulsion and denying the accusation that she was conspiring with him against the throne of King Alfonso. Two meetings of workmen, aggregating over 7,000 persons, were held simultaneously in London, the one for and the other against the Turks and during their progress A fight 00-

7. January 18, 1878 The Jasper Weekly Courier Jasper, IN
Article from The Jasper Weekly Courier, January 18, 1878

Click image to open full size in new tab

Article Text

Walter, and Ira Hinckley were employed at the Nitro-Glycerine Works. These three were blown to atoms, no piece larger than two pounds being discoverable. The other four were railroad employees, and were in the cab of the engine when the explosion came. Their blackened and mangled remains were found with the flesh stripped from their faces and limbs and their bones broken. Their names are Wm. Meyers, Wm. Tallman, Charles Ruiller and Jerry Foley. Ishpeming, three miles away, plainly felt the shock, and the damage in Negaunee was probably $2,500. Several persons there were reported seriously injured by the concussion. The Cincinnati Price-Current estimates the number of hogs packed up to Jan. 1 at 3,020,000, against 3,635,000 up to the same time last season. Estimates for the entire season indicate a total of 5,300,000, against 5,100,000 packed last winter. Weights are heavier than last season. Generally farmers are packing more than for several years. A frightened team backed a wagon, containing Mrs. Morris Goodloe and four children, off the bridge over Obion River, Tenn., on the 2d. resulting in the drowning of the four children. The State Savings Bank of Indianapolis has petitioned and obtained authority from the Auditor of State to surrender its charter and go into liquidation. The assets are sufficient to cover all liabilities. Twenty-five per cent. will be paid to depositors at once, and the balance within six months. The banking-house of I. N. Thomas, at Des Moines, Iowa, closed on the 3d., Depositors are promised to be paid in full. An enthusiastic Silver meeting was held at Bloomington,III on the evening of the 2d. Senator Davis, though not present in person, authorized the announcement of his sympmthy with the objects of the meeting; while Judge Tipton, "Representative in Congress from the Bloomington District, and several other prominent gentlemen made speeches strongly favoring the remonetization of silver. At Montpelier, Blackford County, Ind., on the 4th, J. J. McGrew, a merchant, shot and killed Kitter Kreutzner, a farmer. The latter was known as a dangerous character,and the shooting was the result of a threatened attack upon McGrew by Kreutzner. At Wheeling, West Va., on the 3d, Henry Daub, a well known citizen, once wealthy, shot himself upon his first wife's grave, after a quarrel with his second wife, in which it is said she turned him out of the house. Quite a serious Indian fight is reported to have taken place recently en the south side of the Red River, the pan-handle of Texas, caused by the attempt of the Cheyennes to drive the aggressive Pawnees from off their hunting grounds. Thirty Cheyennes and 12 Pawnees are reported killed, beside a number of Arapahoes, but what part the latter took in the fight is not known. Theold-established banking-house of Peddieord & Burrows, Decatur, Ill., suspended on the 5th. Dispatches received by Lieut.-Gen. Sheridan from department commanders in the Northwest confirm the report that the renegade Indians belonging to Spotted Tail's and Red Cloud's bands had gone north to join Sitting-Bull. These Indians, it will be remembered, broke away during the march of the tribes from the old to the new agencies a couple of months ago. They numbered about 200 lodges, and consist of San Ares and Minneconjons. The New Orleans Clearing-house Assocition have passed a resolution protesting against the passage of the Bland Silver bill. Rev. Leroy P. Garton, a well known Presbyterian minister of Memphis, dropped dead in the street at Helena, Ark., on the 7th, of heart disease. The Ohio Legislature met on the 7th. The new Wisconsin State officers were inaugurated on the 7th. The anniversary of the Battle of New Orleans was celebrated in that city on the 8th by a grand military procession. John G. Deshler, President of the Columbia (Ohio) National Bank, was stricken almost instantly dead with apoplexy on the 8th. The Minnesota Legislature met on the 8th.

8. January 19, 1878 San Marcos Free Press San Marcos, TX
Article from San Marcos Free Press, January 19, 1878

Click image to open full size in new tab

Article Text

ette, Ind., has gone into liquidation, but promises to pay alldepositors in full. The old Bull's Head Bank of New York City is to be wound up. Its capital is said to be impaired to the extent of $50,000, but depositors will be paid in full. Henry Underwood, said to be one of the Union Pacific train robbers, known as Thomas Nixon, was recently arrested at his home, 72 miles west of Sherman, Texas, and lodged in jail at Omaha. There appears to be some question as to his identity. Marshall Jewell, President of the Charter Oak Life Insurance Company, informs policy holders that unless they consent to the scaling down of their policies 40 per cent. the company must go into bankruptcy. The banking-house of Jacob Bunn, Springfield, III., suspended on the 2d. Liabilities about $900,000, and assets sufficient to pay all debts, it is said, if time is allowed and property not sacrificed. The large amount of unproductive real estate held by the house is said to be largely the cause of their failure. A frightened team backed a wagon, containing Mrs. Morris Goodloe and four children, off the bridge over Obion River, Tenn., on the 2d, resulting (in the drowning of the four children. The State Savings Bank of Indianap olis has petitioned and obtained authority from the Auditor of State to surrender its charter and go into liquidation. The assets are sufficient to cover all liabilities. Twenfive per cent. will be paid to depositors at once, and the balance within six months. The Rollinsford Savings Bank, at Salmon Falls, N. H., has suspended, with $750,000 of deposits. The assets are said to be amply sufficient to pay all claims, if time can be had to realize their value. The banking-house of I. N. Thomas, at Des Moines, Iowa, closed on the 3d. Depositors are promised to be paid in full. Virginia experienced an earthquake shock on the 2d. There was a fraternal gathering of Mexicans and Americans at a ball given by the Mexican officers at Matamoras, Mexico, on New Year's night. A large number of officers of both armies were present, and the most cordial feeling was exhibited. Steam-boiler explosions in the United States during 1877 caused directly the death of 131 persons and the maiming of 123 others. At Montpelier, Blackford County, Ind., on the 4th, J. J. McGrew, a merchant, shot and killed Kitter Kreutzner, a farmer. The latter was known as a dangerous character, and the shooting was the result of a threatened attack upon McGrew by Kreutzner. At Wheeling, West Va., on the 3d, Henry Daub, a well known citizen, once wealthy, shot himself on his first wife's grave, after a quarrel with his second wife, in which it is said she turned him out of the house. A number of Fenian prisoners who were sentenced to life-long penal servitude in 1866 have been released on ticket-ofleave. Among these are Color Sergeant McCarthy, Corporal Chambers and Private O'Brien. The Panama Star and Heraid has further particulars regarding the loss of the steamer Ataeama, from Valparaiso to Callao, which went to pieces on a rock near the Chilian coast on the night of Nov. 30. Out of 124 persons on board, only 30 were saved. The old established banking-house of Peddicord and Burrows, Decatur, Ill., suspended on the 5th. The Pottsville (Pa.) Bank suspended on the 7th. This is the fifth banking-house that has suspended there within 18 months. The New Orleans Clearing-house Association have passed a resolution protesting against the passage of the Bland Silver bill.