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California Bank Failure. Fresno, Cal., April 12.-The Fresno Loan & Savings bank suspended business to-day. A notice on the door says depositors will be paid in full, but that inability to realize on securities makes it impossible to meet present demands.
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California Loan Company Broke. FRESNO, Cal., April 12. -The Fresno Loan and Savings bank suspended business today. The notice on the door says the depositors will be paid in full, but the inability to realize on securities makes it impossible to meet present demands.
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BRIEF TELEGRAMS. Today's statement of the condition of the treasury shows BU available cash balance of $185,181,112; gold reserve, $90,847,204. An unknown prisoner confined in Westwood jmil, Onio, for housebreaking, was fatally shot by Marshal Carter while attempting to escape. The Fresno Loan and Savings Bank suspended business today. A. notice on the door says the depositors will be paid in rull. After hearing witnesses the coroner at Covington, Ky,, this afternoon rendered as verdict or self-defense in the case of J. L. Sanford, killed yesterday by Senator William Goabel,1 The Arapahoe county commissioners voted today to subscribe $100,000 10ward the proposed international mining and industrial exposion in Denver In 1896. The governor of Iowa was notified this morning that N company of the Iowa National guard at Centreville had been called to Cincinnati, Ia., to quell a disturbance by miners. Peter Wihe, a Swiss inventor, dving in Chicago, shot himself fatally last night. Financial troubles caused the suicide. Wins was an exhibitor at the California Midwinter fair, receiving " uiploma. The comptroller of the currency today appointed John Perry, of Kansas City, receiver of the National bank of Kansas City, Mo., which suspended payment March 16, 1895, and John F. Smith, of Fort Worth, Texas, receiver for ity National Bank of Fort Worth, which suspended April min, 1895.
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FINANCIALLY EMBARRASSED. The Fresno Loan and Savings Bank Suspends Business. FRESNO, April 12.-The - Fresno Loan and Savings Bank suspended business this morning. A notice on the door says depositors will be paid in full, but the inability of the bank to realize on securities makes it impossible to meet demands. From Vice-President E. F. Bernard it is learned that the failure is due to accumulating interest on real estate mortgages and the inability to make other col|ections due. The struggle began in the panic of 1893, and they were forced to close their doors in June, 1894, for a day or so, but continued business. There is due their depositors $412,478, about equally divided between the commercial and savings depositors. The total assets amount to $710,000, which include notes and mortgages secured by real estate to the amount of $454,710. The bank premises and other real estate are valued at $175,000 and the amount of actual cash is $81,000. Allowing $100,000 for shrinkage in the value of real estate and worthless securities, they still have assets amounting to $200,000 more than the liabilities. There is no probability of a run on any of the Fresno banks by reason of the suspension of the Loan and Savings Bank. People are not excited over it, and the assurance of the bank officials that depositors will be paid in full is generally believed, and there is better teeling than might have been expected. The other banks are well prepared to stand a run if one should come, and they are feeling no uneasiness. In fact. the bankers of Fresno held a meeting to-day to consider the ad visability of assuming liabilities for $200,000 of the debts due by the closed bank. A decision by the bankers as to what they will do has not yet been reached. The failure will hurt the community to a certain extent by making money matters more close, but aside from this no injurious results are anticipated. The patrons of the bank, both those who had money there and those who owed on loans, will feel the effects, but except this the closing of the bank will not make much difference with the community.
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FRESNO BANK FAILURE, Culmination of a Struggle Which Began With the Panic of 1893. Depositors In the Suspended Loan and Savings Bank to Be Paid In Full. FRESNO, CAL., April 12.-The Fresno Loan and Savings Bank suspended business this morning. A notice on the door says: Depositors will be paid in full, but our inability to realize on securities makes it impossible to meet demands. From Vice-President E. F. Bernard, who became connected with the management in August, 1894, it is learned that the failure is aue to accumulating interest on real estate mortgages and the inability to make other collections due. The struggle began in the panic of 1893, and they were forced to close their doors in June, 1894, for a day or so, but continued business. There is due depositors $412,478, about equally divided between the commercial and sayings depositors. Their total assets amount to $710,000, which includes notes and mortgages secured by real estate to the amount of $454,710. The bank premises and other real estate is valued at $175,000, and the amount of actual cash is $81,000. Allowing $100,000 for shrinkage in value of real estate and worthless securities they still have assets amounting to $200,000 more than liabilities. The other banks have offered to take the commercial business off the Loan and Savings Bank's hands, dividing equally between three banks-First National, Fresno National and Farmers'. There is no probability of a run on any of the Fresno banks on account of the suspension of the Loan and Savings Bank. People are not excited over it, and the assurance of the bank officials that depositors will be paid in full is generally believed, and there is better feeling than might have been expected. The other banks are well prepared to stand a run, if one should come, and they are feeling no uneasiness. In fact the bankers of Fresno held a meeting to-day to consider the advisability of assuming liability for $200,000 of the debts due by the closed bank.
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Fresno Bank Closed. FRESNO, Cal., April 13.-The Fresno Loan and Savings bank suspended business. A notice on the door says the depositors will be paid in full, but the bank's inability to realize on securities makes it impossible to meet present demands.
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BUSINESS FAILURES. Better Showing Than Last Year-A Fresno Bank Closed. New York, April 12.-R. D. Dun & Co. say: Failures for the week were 207 in the United States, against 218 last year, and 27 in Canada, against 14 last year. Fresno, Cal., April 12.-The Fresno Loan and Savings band suspended business this morning. A notice on the door says dedositors will be paid in full, but the bank's inability to realize on securities makes It impossible to meet the demands. From Vice President E. F. Bernard, who became connected with the management In August, 1894, it is learned that the failure is due to the accumulation of Interest on real estate mortgages and inability to make other collections due. The struggle began in the panie of 1893, and they were forced to close their doors In June, 1894. for a day or so, but continued business. There is due their depositors $412,478. about equally divided between commercial and savings depositors. Their total assets amount to $710.000, which include notes and mortgages secured by real estate to the amount of $454,710. Their bank premises and other real estate is valued at $175,000, and the Amount of actual cash is $81,000. Allowing $100,000 for shrinkage in the value of real estate and worthless securities, they still have assets amounting to $200,000 more than the liabilities. The directors conferred this afternoon with the other banks of the city regarding commercial bulness. The other banks -have offered to take It off the failed bank's hands, dividing It equally between three banks, the First National, Fresno National and Farmers'. Kansas City, April 12-J. D. Iler's Rochester brewery made an assignment this afternoon. The assets are given as $30,000; liabilities. $167,000. Lawrence F. Reiger was named assignee. The cause of the failure was the cut in beer prices caused by the beer war. Washington City, April 12-The comptroller of the currency today appointed John Perry. of Kansas City, receiver of the National Bank of Kansas City, which suspended March 16, 1895, and John. F. Smith. of Fort Worth, Tex., receiver of the City National bank, of Fort Worth, which suspended April 4, 1895. Pure ****** and quick in setten la
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Summir наш and the advantage of potatoes as a profitable crop. WILLIAM JACKSON was sentenced at Greenup, Ky., to ninety-nine years' imprisonment for poisoning his wife. THE Aurora (Mo.) State bank closed its doors with assets of $25,000 and liabilities of $11,000. HENRY GIBSON, a convict in the prison at Michigan City, Ind., stabbed and instantly killed Edward King, a fellow prisoner, without any provocation. THE Atlantic mills at Providence, R. L, shut down to prevent a strike, throwing 2,500 persons out of work. THE exchanges at the leading clearing houses in the United States during the week ended on the 12th aggregated $953,741,379, against $1,013,717,358, the previous week. The increase, compared with the corresponding week in 1894. was 7.7. J. D. HER'S Rochester brewery at Kansas City made an assignment with assets of $300,000 and liabilities of $167,000. NELSON CALHOUN (colored) was shot to death by a mob near Corsicana, Tex., for criminally assaulting Mrs Rosa Hughes. FOUR men were killed and others seriously hurt in a riot among railway laborers at Siloam Springs, Ark. THERE were 207 business failures in the United States in the seven days ended on the 12th, against 220 the week previous and 218 in the corresponding time in 1894. MRS. Guy GEER, aged 20, a bride of eight months, fell from her buggy near Somerford, o., and was instantly killed. A NEW organization among negroes was being established in North Carolina to secure "equal rights" for colored people at hotels and all public places and the right for colored men to marry white women. THE Fresno (Cal.) loan and savings bank suspended business. RICHARD BURELSON was hanged at Houston, Tex., for the murder of J. G. 1894 "z May uo Mehithon FIRE swept away nearly the entire business portion of Dorchester, Wis. THE Etna Fire association of Cincinnati, one of the oldest of the mutual assessment concerns in Ohio, went into the handsof a receiver. THE Seaman & Smith company, one of the oldest boot and shoe firms in Ohio, made an assignmentat Cleveland. LOUIS FRANK and Kate Kolb were found side by side dead on Jacob Duffy's farm a few miles west of St. Louis. The girl left a note saying they were going to kill themselves and ascribing love as the cause. THE barn of Robert Burns, proprietor of the Clear View stock farm at Edgefield Junction, Tenn., was burned and thirteen valuable trotters perished in the flames. A HUNTING party of three unknown men are believed to have drowned near Oshkosh, Wis. Their boat was seen upturned on the lake. A PHOTOGRAPHIC counterfeit of the five-dollar issue of the American exchange national bank of New York city, series of 1882, check letter F, portrait of Garfield, has made its appearance. JUDGE STEVENSON BURKE, of Cleveland, who ranks among the foremost of America's railroad lawyers, said that it was his opinion that the government could not compel the railways of the country to pay the income tax. Two BROTHERS named Andrews killed two brothers named Stokes in a fight at Morgantown, Ga. MANY rivers in New Hampshire and Vermont were on the rampage, and reports from everywhere indicated that the freshet was the worst in a quarter of a century. LATTER DAY SAINTS closed their convention at Independence, Mo., after declaring that no person could hold any position in the church who used tobacco in any form. FIRE destroyed ten business buildings in Elkhorn, Neb. HENRY LONG shot his wife and brother-in-law, Joe Whidington, and then blew out his own brains at Purvis Miss. Jealousy was the cause. LOTTIE and Annie Applegate, two little girls who were returning from an Easter festival at Bethlehem, Pa., were killed by the cars. TWENTY-SIX street laborers at Toledo,
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The News Condensed. Important Intelligence From All Parts. DOMESTIC. Two MAIDEN sisters, Miss Mary J. and Elizabeth A. Bryant, residing alone, were burned to death at Haverhill, Mass. A NEW national organization of street railway employes was founded at Cleveland, O. ALBERT H. HORTON, chief justice of the supreme court of Kansas since 1877, resigned, and Judge David Martin, of Atchison, was appointed to succeedhim POSTMASTER GENERAL WILSON thinks that the increased business of the post office department is a barometer of better times throughout the country. THE funeral of Gov. Joshua H. Marvil took place at Laurel, and it was the largest and most impressive ever held in Delaware. Miss MARY B. CROUGHAN died at Lynn, Mass., after suffering from hiccoughs for five months. A MAIL and express wagon was boarded near Cripple Creek, Col., by two men, who overpowered the driver, secured an express package containing $16,000 and escaped. A FIRE in the Columbia bank buillding in New York caused a loss of $125,000. PROBATE JUDGE RANDOLPH, of Montgomery, Ala., was said to be $50,000 short in his accounts. A "POTATO RALLY" was attended by 2,000 farmers at Dawson, Minn., who listened to addresses on the need of diversifying their farming operations and the advantage of potatoes as a profitable crop. WILLIAM JACKSON was sentenced ta Greenup, Ky., to ninety-nine years' imprisonment for poisoning his wife. THE Aurora (Mo.) State bank closed its doors with assets of $25,000 and liabilities of $11,000. FREDERICK WELMER, a well-to-do farmer, aged 45, blew his brains out near Versailles, Ky. He left four widows, and fear of prosecution for bigamy caused the deed. HENRY GIBSON, aconviet in the prison at Michigan City, Ind., stabbed and instantly killed Edward King, a fellow prisoner, without any provocation. THE Atlantic mills at Providence, R. L, shut down to prevent a strike, throwing 2,500 persons out of work. THE exchanges at the leading clearing houses in the United States during the week ended on the 12th aggregated $953,741,379, against $1,013,717,358, the previous week. The increase, compared with the corresponding week in 1894. was 7.7. J. D. HER'S Rochester brewery at Kansas City made an assignment with assets of $800,000 and liabilities of $167,000. NELSON CALHOUN (colored) was shot to death by a mob near Corsicana, Tex., for criminally assaulting Mrs Rosa Hughes. FOUR men were killed, and others seriously hurt in a riot among railway laborers at Siloam Springs, Ark. MRS. Guy GEER, aged 20, a bride of eight months, fell from her buggy near Somerford, O., and was instantly killed. RICHARD BURELSON was hanged at Houston, Tex., for the murder of J. G. McKinnon on May 2, 1894. THERE were 207 business failures in the United States in the seven days ended on the 12th, against 220 the week previous and 218 in the corresponding time in 1894. A NEW organization among negroes was being established in North Carolina to secure "equal rights" for colored people at hotels and all public places and the right for colored men to marry white women. THE Seaman & Smith company, one of the oldest boot and shoe firms in Ohio, madean assignmentat Cleveland. THE Fresno (Cal.) loan and savings bank suspended business. FIRE swept away nearly the entire business portion of Dorchester, Wis. THE /Etna Fire association of Cincinnati, one of the oldest of the mutual assessment concerns in Ohio, went into the hands of a receiver. LOUIS FRANK and Kate Kolb were found side by side dead on Jacob Duffy's farm a few miles west of St. Louis. The girl left a note saving they were going to kill themselves and ascribing love as the cause. THE barn of Robert Burns, proprietor of the Clear View stock farm at Edgefield Junction, Tenn., was burned and thirteen valuable trotters perished in the flames. A HUNTING party of three unknown men are believed to have drowned near Oshkosh, Wis. Their boat was seen upturned on the lake. A PHOTOGRAPHIC counterfeit of the five-dollar issue of the American exchange national bank of New York city, series of 1882, check letter F. portrait of Garfield, has made its appearance. JUDGE STEVENSON BURKE, of Cleveland, who ranks among the foremost of America's railroad lawyers, said that it was his opinion that the government
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Paul was successfully launched at Cramp's shipyards in Philadelphia. CREMATION services have been officially declared by masonic authority in Philadelphia not to be Christian burial. CHARLES HART. aged 18, was hanged in the Ohio penitentiary at Columbus for the murder of little Ashley and Elsie Good in Paulding county, November 4. 1894. CHIEF HAZEN, of the secret service, has issued a circular of warning against a new counterfeit of a five dollar treasury note of the series of 1891. The counterfeit is a photographic production, touched up with pen and ink, and bears the treasury number B3776724. IN the business center of Covington, Ky., John L. Sandford, cashier of the Farmers' and Traders' bank, was shot and killed by State Senator William Goebel. An old feud was the cause. THE Savannah (Ga.) rice mills were burned, the loss being $125,000. FOUR inmates of the state asylum for insane criminals at Mattewan, N. Y., including Oliver Curtis Perry, of Syracuse, the train robber, made their escape. SNOW to the death of 6 inches fell in portions of Wisconsin. Two MAIDEN sisters, Miss Mary J. and Elizabeth A. Bryant, residing alone, were burned to death at Haverhill, Mass. A NEW national organization of street railway employes was founded at Cleveland, O. ALBERT H. HORTON, chief justice of the supreme court of Kansas since 1877, resigned, and Judge David Martin, of Atchison, wasappointed to succeed him. POSTMASTER GENERAL WILSON thinks that the increased business of the post office department is a barometer of better times throughout the country. THE funeral of Gov. Joshua H. Marvil took place at Laurel, and it was the largest and most impressive ever held in Delaware. MISS MARY B. CROUGHAN died at Lynn, Mass., after suffering from hiccoughs for five months. A MAIL and express wagon was boarded near Cripple Creek, Col., by two men, who overpowered the driver, secured an express package containing $16,000 and escaped. A FIRE in the Columbia bank buillding in New York caused a loss of $125,000. A "POTATO RALLY" was attended by 2,000 farmers at Dawson, Minn., who listened to addresses on the need of diversifying their farming operations and the advantage of potatoes as a profitable crop. WILLIAM JACKSON was sentenced at Greenup, Ky., to ninety-nine years' imprisonment for poisoning his wife. PROBATE JUDGE RANDOLPH, of Montgomery, Ala., was said to be $50,000 short in his accounts. FREDERICK WELMER, a well-to-do farmer, aged 45, blew his brains out near Versailles, Ky. He left four widows, and fear of prosecution for bigamy caused the deed. THE Aurora (Mo.) State bank closed its doors with assets of $25,000 and liabilities of $11,000. HENRY GIBSON, aconvict in the prison at Michigan City, Ind., stabbed and instantly killed Edward King, a fellow prisoner, without any provocation. THE Atlantic mills at Providence, R. I., shut down to prevent a strike, throwing 2,500 persons out of work. THE exchanges at the leading clearing houses in the United States during the week ended on the 12th aggregated $953,741,379, against $1,013,717,358, the previous week. The increase, compared with the corresponding week in 1894. was 7.7. J. D. HER'S Rochester brewery at Kansas City made an assignment with assets of $300,000 and liabilities of $107,000. NELSON CALHOUN (colored) was shot to death by a mob near Corsicana, Tex., for criminally assaulting Mrs' Rosa Hughes. FOUR men were killed and others seriously hurt in a riot among railway laborers at Siloam Springs, Ark. THERE were 207 business failures in the United States in the seven days ended on the 12th, against 220 the week previous and 218 in the corresponding time in 1894. MRS. GUY GEER, aged 20, a bride of eight months, fell from her buggy near Somerford, O., and was instantly killed. A NEW organization among negroes was being established in North Carolina to secure "equal rights" for colored people at hotels and all public places and the right for colored men to marry white women. THE Fresno (Cal.) loan and savings bank suspended business. RICHARD BURELSON was hanged at Houston, Tex., for the murder of J. G. McKinnon on May 2, 1894. FIRE swept away nearly the entire business portion of Dorchester Wis
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Fresno Bank Goes Into Liquidation, FRESNO, CAL., April 22.-At the stockholders' meeting to-day the Fresno Loan and Savings Bank definitely determined to go into liquidation. The bank suspended on the 12th inst., with liabilities of $142,008 and assets $697,000.
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A Fresno Concern Faila FRESNO, April 23.-At a stockholders' meeting today of the Fresno Loan and Savings bank it was definitely determined to go into liquidation. The bank suspended the 12th instant with liaiblities of $412,000 and assets of $697,000.