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McKinley Dun's Review of November 13 says:-Failures for the week have been 291 in the United States against 276 for the same week last year. J. B. Fried & Co., Macon, Georgia, wholesale dealers in dry goods and notions, have give a chattel mortgage for $66,900. Julius M. Fineberg, clothing manufacturer at Boston, has made an assignment. The Bauer- Walter Buggy and Carriage Co., of St. Louis, has given a trust deed for $11,815. Sortman & Blum Co., Hamilton, Ohio, manufacturer of furniture. has made an assignment. A receiver has been appointed for the Michigan Lumber and Manufacturing Co., of Jacksonville, F.orida. Belew & Co., Wills Point, Texas, general store, have given a trust deed. Henry A. Meyer, dealer in millinery, at Chicago, has confessed judgment. In Baltimore county, Md., 74 pieces of property are advertised for sale to pay county taxes. J. C. Renfro., of Marlin, Texas, grocer, has given a trust deed. Max Morris, doing business as M. Morris & Co., dealer in clothing, at La Crosse, Wisconsin, has given a bill of sale for $18,000. Geo. Newman, Bowling Green, Ohio, dealer in clothing, has made an assignment. INDIANAPOLIS, INDIANA, Nov. 14.-There is intense excitement at English and throughout Crawford and Perry counties over the collapse of four banks, which will affect nearly every man of means in the two counties and seriously cripple the local office-holders, inclading the County Treasurers and Township Trustees, all of whom deposited trust funds with the broken banks. The crash came without warning, for no one suspected that the four institutions which have gone under were not on a safe financial-footing. As late as Friday afternoon each of the banks continued to receive deposits, and when they failed to open their doors yesterday morning, there was consternation among the business men. some of whom had deposited so closely Friday afternoon that they did not even have change to begin business with yesterday morning. The banks were owned by J. H. Weathers and R. H. Willett. One had been established at English, another at Marengo, another at Cannellton and a fourth at Leavenworth. The capital stock of each was $50,000 and the deposits averaged about $75,000, being heaviest at this season of the year, when county taxes have all been paid and the Treasurer has deposited the money. The revenue collected for school purposes was all on deposit in the banks, and it is now believed that all of the public schools in the two counties will have to be closed, as the trustees have lost all their money. Treasurer Brown, of Crawford county, had $13,500 on deposit. He is completely prostrated by the failure. The trustees' deposits ranged from $1,600 to $2,800, and nine of them have been caught in the four banks. President Willett, of the Leavenworth Bank, has not been at the office for several days. The monthly statement issued by the Burean of Statistics shows that the exports of domestic merehandise during October amounted to $109,583,842. a loss of nearly $2,500,000, as compared with October, 1896. The imports amounted to $49,969,813, of which $24,334,333 was free of duty. All the departments of the British Hosiery Company, at Thornton, Rhode Island, with the exception of the spinning department, were shut down on Monday and 425 operatives are out of work. Some time ago the knitters to the number of fifty struck for an advance of 20 per cent. in wages. Treasurer Cooper says he had found the operatives who remained at work were supporting those on strike, and hence the shut down. It is announced that operatives will be taken back only as they apply for work as individuals. The coal miners of the Bellville, Illinois, district have refused to submit the pending wage dispute to arbitration, and insist on the Springfield scale of "372 cents to weight." The one hundred miners at the Glen Coal Company's mine, at Glencoe, Ohio, went out on a strike on Tuesday against a reduction of wages. A Chattanooga despatch says that the operators of the Cross Mountain coal mines in the Jellico region are preparing to put in electrical apparatus for mining coal, and have notified the men that they will only be paid half the price for mining the coal. A general strike, the men say, will follow. A Houghton, Michigan, despatch says that the company officials have notified the 120 striking trammers of the Atlantic Mine that unless they return to work at once new men will be employed in their places. The Sam Fine Company, in Cincinnati, was placed in the hands of receivers. Liabilities, $50,000 to $60,000; assets, $75,000 to $90,000. The company was organized to sell the product of the Kaufmann Brewing Company while it was in the hands of receivers. The Delta County Bank, of Delta, Colorado, suspended. The deposits are about $52, 000.
