7950. Mercantile Savings Institution (Boston, MA)

Bank Information

Episode Type: Run → Suspension → Closure
Bank Type: savings bank
Start Date: January 21, 1878
Location: Boston, Massachusetts (42.358, -71.060)

Metadata

Model: gpt-5-mini
Short Digest: 7b7cd0be

Response Measures

Partial suspension, Full suspension

Other: Receivership appointed; court injunction restraining bank from doing business.

Description

Sequence: heavy withdrawals and invocation of the sixty-day rule (late Jan 1878) -> court injunction and temporary suspension Feb 5, 1878 -> receivers appointed Feb 21, 1878. Cause of trouble is bank-specific (bad real-estate/Hyde Park loans and possible misleading returns). Receivers later paid a dividend; bank did not resume normal operations.

Events (4)

1. January 21, 1878 Run

Cause: Bank Specific Adverse Info
Cause Details: Large depreciation on real-estate loans (Hyde Park) leading depositors to withdraw funds
Measures: Directors exacted sixty days' notice from depositors (invoked the 60-day rule)
Newspaper Excerpt: the directors of the Mercantile Savings Bank are exacting sixty days' notice from depositors; over $300,000 have been taken out within two weeks.
Source: newspapers

2. February 5, 1878 Suspension

Cause: Government Action
Cause Details: Injunction sought by the Attorney-General and the Savings Bank Commissioners because of insolvency concerns and alleged misleading returns; bank enjoined from doing business
Newspaper Excerpt: the Supreme Court ... restraining the Mercantile Savings Institution from doing business; a temporary injunction was issued to prevent the payment of any money by them.
Source: newspapers

3. February 21, 1878 Receivership

Newspaper Excerpt: the Court appointed A. A. Burrage, Henry J. Crowell and A. J. Robinson receivers, and the bonds were fixed at $30,000 each.
Source: newspapers

4. May 7, 1878 Other

Newspaper Excerpt: Judge Holt issued a decree allowing the receivers of the Mercantile Savings Bank to pay a dividend of 20 per cent.
Source: newspapers

Newspaper Articles (20)

1. January 23, 1878 The New Orleans Daily Democrat New Orleans, LA

Article from The New Orleans Daily Democrat, January 23, 1878

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THE NEW ORLEANS DEMOCRAT, WEDNESDAY, JANUARY 23, 1878. hoarding of currency and its consequent withstock compaMONEY TO LOAN drawal from the channels of trade and indusof duties the -ONhave try is probably the main cause of the finanusurped DIAMONDS, JEWELRY, WATCHES, SILVERcial stress under which the country is laboris undoubtedWARE, PIANOS, LOOKING-GLASSES this due ing, and it will not cease so long as the Secreis AND FURNITURE OF ALL tary of the Treasury persists in his ruinous our of govDESCRIPTIONS, WALT but ineffectual efforts to resume specie in year power And all other personal property, Guns, Pistols, are we payments without the means to do it with. shows, etc. Also on Stocks, Bonds and other collatthese Day after day we learn of the failure and corporaerals, in large and small sums, at as low rates of us bankruptcy of financial institutions at the interest AS any chartered institution in this money itself. for city. PLEDGES KEPT ONE YEAR. North and West, and there seems to be no their in fierce prospect of a cessation of this calamitous the cause state of affairs while money continues to be they, Hart's Loan Office, 108 on the heard hoarded and becomes dearer and dearer, and 43 43 Baronne Street shall use. all other kinds of property command but Offers t (Opposite the N. O. Gas Co.) nominal prices. The Watche MAURICE J. HART, Agent. We conclude by appending a list of suspenN. B.-Parties not being able to call in person sions taken from yesterday's papers. They will receive prompt attention by communicatthe illustrate more eloquently than any amount expressed ing with the above. men" financial H of rhetoric the financial troubles of the counALL BUSINESS STRICTLY CONFIDENthe commercial try: TIAL. he BOSTON. Jan. 21.-The directors of the Merproperly city The business at No. 48 St. Charles street, cantile Savings Bank are exacting sixty days' Senaover known as "Hart's Broker's Office," will be connotice from depositors. silver the quesSAN FRANCISCO, Jan. 21.-A run was made on tinued as heretofore. ja20 1y 2dp the Odd Fellows' Savings Bank to-day. The far So islature. run extended to the Clay Street Savings Bank. REMOVAL does there PASSAIC, N. J., Jan. 21.-Waterhouse Bros., To the corner of Chartres and Conti sts., No. 85 manufacturers of flocks, shoddy, overcoating over introversy" and suitings. have suspended business. unanimous C. ROUYER. PROVIDENCE, Jan. 21.-The Providence County Senin the Savings Bank, in Pawtucket, issued a circular GALVANIZER, JEWELto its depositors, announcing the omission of its ER. CLOCK MAKER, OPthe of strength usual semi-annual dividend. A charter proTICIAN, respectfully inof monetization vision has been enforced. forbidding the withforms the public that the Elgin drawal of money before the second Wednesday pening of his new estabact. resumption in April. The bank, on the thirtieth of Novemlishment will take place on of measure a 3, ber, had about $3,000,000 in deposits, with $2,228,MONDAY, December 24, 000 invested in real estate and mortgages. Other I have a com and that he is ready to inmaterial he savings banks in Pawtucket require notice for correspond with t please his customers, in choice articles. at exin is adopted the withdrawal of principal. but pay interest on ceedingly reduced prices. Goods, recently retions, Clocks, Bro demand. ceived, per latest European and Northern Legislature, I Make a BOSTON. Jan. 22-The Dorchester Savings steamers. cannot be excelled for elegance and measthat such Bank has been placed in the hand of a finance For further 1 style. These goods consist of jewelry of all withcommittee, with instructions to report within he kinds, watches, chains, clocks, eyeglasses, specpeople no24 sixty days. tacles, church articles, etc. Mr. Rouyer offers CHICAGO, Jan. 22.-Saml. Bliss & Co., grocers, his services as general repairer of watches, jewraise to failed. elry, clocks and silverware. Specialtv-the sale nption ST. JOSEPH,' Jan. 22.-The Buchanan Bank of of table furniture in French silver. Alfenide and do legislators this city has closed its doors. plated. Also, spectacles and eyeglasses, in steel of society. NEW YORK, Jan. 22.-The court appointed Peor tortoise shell. and the resetting and supplyter Ammerman as agent to wind up the Brewde22 im 20 ing of lenses for same. to voter, every ers and Maltsters' Insurance Company. an has equal MALAKOFE BITTERS

2. January 24, 1878 The Manitowoc Pilot Manitowoc, WI

Article from The Manitowoc Pilot, January 24, 1878

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NEWS OF THE WEEK. THE EAST. THE Mercantile savings bank, of Boston, will require sixty days' notice from depositors before withdrawal, as over $300,000 have been taken out within two weeks. THE executors of the estate of Horace Greeley made their final settlement with the Surrogate of Westchester county, N. Y., on the 21st. The estate, consisting largely of stocks and bonds, which have greatly depreciated in value, it was considered advisable to distribute them among the heirs. There is $163,000 of such assets, inclusive of $60,000 of Tribune stock. Among the assets there is, at least, $50,000 in worthless promissory notes, besides $49,000 due the estate from Cornelius Vanderbilt. BISHOP CONNOR, of Nebraska, is lecturing and collecting in the Catholic Church of New York and Brooklyn, for the purpose of securing funds to establish and maintain missions: among the Sioux Indians. SUIT was commenced by the United States in the U. S. Court, at New York, on the 18th inst., against the Erie Railway Company, to recover $68,405, alleged back taxation. THE conference of the paper-bag manufacturers at Philadelphia, on the 18th inst. resulted in a settlement of differences between western and eastern manufacturers, and establishing a uniform schedule of prices. ALL the coal mines in the Lehigh region have suspended for one week, commencing January 19th. MR. SAMUEL BOWLES, editor of the Springfield (Mass.) Republican, died on the night of the 16th. BEAR & SONS, fancy goods dealers Broadway, New York, made an assignment on the 16th inst. Liabilities, $186,000; assets, $113,000. ASSEMBLYMAN JAMES H. TAYLOR, of New York city, was taken to the Bloomingdale asylum for the insane on the 5th inst. His election to the legislature is supposed to have affected hismind.

3. January 25, 1878 The Emporia News Emporia, KS

Article from The Emporia News, January 25, 1878

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Bank Failures. January 18, M. M. Palmer's bank, Yankton, D. T., closed January 21. A run began on the Odd Fellows and the Clay savings banks, Philadelphia. The Providence county savings bank, Pawtucket, R. 1., and the other savings banks in that city, declined to pay. depositors. The Pawtucket bank has about $3,000,000 in deposits. Jan. 22, The Buchanan bank of St. Joseph, Mo., closed. Also the Mercantile savings bank, Boston, Mass., with deposits of $300,000.

4. January 26, 1878 The Dallas Weekly Herald Dallas, TX

Article from The Dallas Weekly Herald, January 26, 1878

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# CONTRACTION'S VICTIMS, A Crush Among the Houses in the Morocco Trade - Long List of Failures. PHILADELPHIA, January 22.-Third street is agitated this morning over the trouble affecting the houses in the morocco trade. The principal house in trouble is E & C Stokes, impor- ters of hides and skins. Mr. E. Stokes said this morning that the firm had not decided what course they would take, but made a deposit to-day. The firm attributes the cause of their trouble to the fall of George W. Hons- chell & Co., who were unable to meet even the interest on their obligations, and who relied on E. & C. Stokes to meet it for them. This firm is indebt- ed to Stokes to the extent of over $200,000. The following houses are also reported insolvent: John Deezer & Sons, $90,000; W. R. Stuart & Co., $12,000; Hammond & Dwyer, $13,000; Harvey, Lynch & Co., $16,000; Stuart Allen $12,000; Edwin Evans & Co., $8,000; C. Backiss, $24,000; J. G. Baker Manufacturing Co., of Wilmington, $180,000; and E & C Stokes, who will no doubt make an assignment, are creditors to about three-fourths of all the liabilities of the above named firms. They decline to state the total amount of their own liabilities, but claim to hold the papers of other morocco firms to the amount of $700,- 000 or $800,000. NEW YORK, January 22.-S. M. Box- by & Co., manufacturers of blacking, failed; liabilities $123,000. The court appointed Peter Ammer- man agent to wind up the Brewers and Malsters insurance. Bennett & Smith, manufacturers and jobbers of web cloth and felt skirts in Leonard street, suspended. Liabilities $75,000. BOSTON, January 22.-The Dorches- ter Savings bank has been placed in the hands of the finance committee with instructions to report within sixty days. CHICAGO, January 22.-Samuel Bliss & Co., grocers, failed. ST. JOSEPH, Mo., January 22.-The Buchanan bank of this city closed doors. READING, PA., January 22.-Jacob and John Huntzinger, late president and cashier of Miners' Trust company, of Pottsville, were sentenced each to ty years solitary confinement and five hundred dollars fine, also to refund $2400 and costs. PHILADELPHIA, January 22.-H. Shecke & Son has suspended, the cause being the recent suspension of the New York drug firm of John F. Henry, Oman & Co. NEWARK, N. J., January 22.-Sam- uel Dunn, dealer in sheep skins, and William N. Randall, dealer in house furnishing goods, have failed. ST. LOUIS, January 22.-J. J. Jones, a wealthy farmer and stock raiser of Winton, Missouri, has failed. Liabili- ties, $50,000; assets less than one third. Pratt, Hubbell & Co., the largest mercantile firm of Monticello, Ills., has failed. Liabilities, $86,000. A Hartford, Connecticut, special says a new effort is being made to have the remaining assets of the Charter Oak insurance company kept out of the hands of a receiver, and to reor- ganize it as a purely mutual company. The stock is to be merged and wiped out, and the policies scaled. Legisla- tive intervention is necessary in order to effect this, and therefore a new char- ter was asked for. The policy-holders will cooperate with the managers in their efforts. HARTFORD, Conn., January 19.-A further postponement of one week was granted by the court on hearing the question of a receivership for the Charter Oak insurance company. NEW YORK, January 19.-Powers, Guston & Co., dealers in boots and shoes, have suspended. Liabilities, $260,000, nominal assets, $255,080; real, $150,000. LIVERPOOL, January 19.-The Abys- sinia, hence from here to-day, took two hundred thousand pounds of specie. NEW YORK, January 21.-Water- house Brothers, woolen manufactur- ers, at Passaic, New Jersey, have failed. Liabilities, $100,000. Depression of business and shrinkage of values as- signed as the cause. BOSTON, January 21.-The directors of the Mercantile savings bank are ex- acting sixty days notice from depositors. PASSAIC, N. J., January 21.-Water- house Bros., manufacturers of shoddy, overcoating and suitings, have sus- pended business. The shoddy mills closed on Saturday night. Two hun- dred and fifty hands are out of em- ployment. The overcoat and suiting mill is still running. It is reported that if settlement can be made with creditors work will be resumed.

5. February 6, 1878 The New York Herald New York, NY

Article from The New York Herald, February 6, 1878

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ANOTHER RUINED BANK. NATURAL RESULTS FROM A SAVINGS INS TION SPECULATING IN REAL ESTATE. BOSTON. Feb. 5, 1 The Mercantile Savings Bank of this city IS tb est victim of shrunken securities. It held mort, on property in Hyde Park, a town which grew balf a dozen houses to be one of the largest and picturesque of Boston's suburbs within six years. is owned largely by Boston merchants who went the business of securing homesteads outside of Bost where taxes would be lower than in the city. TL town was bulls up during the mania for real estate speculation, and it was, like other mushroom settlements, built largely on credit. As long as the inflation prices lasted and rents were high the interest, and portions of the principal, could easily be paid, but as soon as the panic struck and property began to depreciate, men who had any surplus commenced to unload, and the downward ten. dency kept on till real estate in Hyde Park became a drug in the : market. The growth of the town was unuatural and the de cline was as rapid. The Mercantile Savings Bank loaned largely on this property; and three years ago it was considered. as safe as government bonds, but if It were to be sold to-day It would not bring the face of the first mortgagos. The officers of the bank were largely interested in the Hyde Park enterprise personally. and It was difficult for the Bank Commissioners to distinguish between the interests of the institution and those 01 its officers, so they two years ago insisted on the abandonment of the whole scheme. LOADED WITH UNSALABLE LAND. In doing this, however, the officers found themselves burdened with a large amount of depreciated securities, which they could not carry without great detriment to the institution and the depositors. They have, without doubt, labored hard to get rid of this propcrty, and, 11 possible, cover up the evil results of their wild speculation; but they failed, and today a temporary injunction was issued to prevene the paymeat of any money by them. They have been acting under the Sixty-day rule, and were temporarily suspended. They now hold property which is recorded on the books as worth $316,116 25. DECEPTIVE RETURNS. The Banking Commissioners have very good reason to believe that the officers have not made lair and accurate returns of their actual condition within the past two years, and a rigid investigation 18 in progress. For instance, the bank building IS 801 down in their assets as worth $176,725 81, but it has been discov. ered that a heavy mortgage has been given ou it to secure an outside loan. and the transaction has been kept a secret from the Commissioners. It is generally believed that the courts will wind up the affairs of the institution, and that for this purpose the temporary injunction will shortly be made permanent and a receiver appointed. It is hoped that the depositors will not lose neavily. PROPERTY TO BE SOLD. Besides the property which will be sold at auction within a week there is a capital stock of $205,571 18, which will be used to assist in making good the debts of depositors. The largest mortgage held by the bank ou the Hyde Park property is one for $30,000 on a trotting park, which was originally Valued at $36,000, but 11 sold w-day it would not bring more than $25,000, if that much. It will be offered lor sale February 19. The developments in this case have caused a good deal of criticism and not a little apprehension.

6. February 6, 1878 The Dallas Daily Herald Dallas, TX

Article from The Dallas Daily Herald, February 6, 1878

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HERE AND THERE. Charley Ross Has Not Been Found-A Man Killed In Memphis Under PeeuHar Circumstances National Bank War Failures Foot Over One Million for Liabilities. BOSTON, February 5.-The Mercantile Savings bank has been enjoined from doing business. It has a capital stock of $205,575, which will be ab. sorbed by its losses. The depositors, probably, will not be heavy losers The bank has been dealing largely in real estate at Hyde park for the past three years, and to the depreciation of investments is due the present condiMEMPHIS, February 5.-This morn. ing a negro called at the jail and des tion E of the bank. manded permission to see his comrade who was confined. Jailor Dawson refused, when the negro began abusing him. Mr. Dawson, drawing his revolver, fired, missing the negro The shot went through a glass door of Comelius Griffin's grocery store, some two hundred yards distant, and struck Mr. Griffin below the heart. He ex pired soon after. NEW YORK, February 5.-Dr. Clemence L. Lester, has failed. Liabilities $112,000. Downer, St. John & Co. drug brokers, Cedar street, have failed. Liabilities $172,000. GALVESTON, February 5.-A Houston dispatch states that the standing committee of the diocese of Texas unanimously consents to the consecration of Dr. Seymour. RAGUSA, February 5,-The prince of Montenegro has accepted the armistice and ordered the cessation of hostilities. CHICAGO, February 5.-TheSt. Louis, Kansas City and Northern Missouri railroads to-day gave the forty days notice required for withdrawal from the Southern Rate Association pool. Mr. Sturges, well known in railroad circles, is a bankrupt. Liabilities, $750,000. The Chicago Academy of Music, on Halstead street, burned. It originally cost $80,000; valued at $30,000. FORTRESS MONROE, February 5.The steamer General Barnes, from Savannah for New York, when off Winter Quarter shoal light, February 2, broke her piston head and cylinder both, and bent the piston rod. She drifted about until Monday, Febru ary 4, ten p. m., when the vessel was taken in tow by the steamer Gulf Stream, and arrived here at ten a. m. to-day. BALTIMORE, February 5.-Mr. Ross desires to say that the boy is not his son. ST. LOUIS, February 5.-The parties representing the National Bank of Commerce of New York, entered suit to-day against the National Bank of the state of Missouri, for the recovery of one and a half million dollars. The petition recites an agreement entered into by the two institututions, on the 26th day of December, 1862, whereby the first named bank loaned the other one million dollars, in the form of a continuing loan in this amount. Four hundred thousand dollars, with interest, is still due. It is futher claimed

7. February 6, 1878 The New York Herald New York, NY

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as ANOTHER RUINED BANK. tiarISIS NATURAL RESULTS FROM A SAVINGS INS the her TION SPECULATING IN REAL ESTATE. lasBOSTON, Feb. 5, 1her .ich The Mercantile Savings Bank of this city IS that est victim of shrunken securities. It held mort on property in Hyde Park, a town which grew ir11, balf a dozen houses to be one of the largest and picturesque of Boston's suburba within six years.io is owned largely by Boston merchants who went id the business of securing homesteads outside of Bost where taxes would be lower than in the city. Tul town was bulls up during the mania for real estate speculation, and it was, like other mushroom settlements, built largely on credit. As long as the inflation prices lasted and rents were high the interest, and portions of the principal, could easily be paid, but as soon as the panic struck and property begau 10 depreciate, men who had any surplus commenced to unload, and the downward ten. dency kept on till real estate in Hyde Park became a drug in the market. The growth of the town was unnatural and the de cline was as rapid. The Mer. cantile Savings Bank loaned largely on this property; and three years ago it was considered. as safe as government bonds, but if It were to be sold to-day it would not bring the face of the first mortgagos. The officers of the bank were largely interested in the Hyde Park enterprise personally. and It was difficult for the Bank Commissioners to distinguish between the interests of the institution and those 01 its officers, so they two years ago insisted on the abandonment of the whole scheme. LOADED WITH UNSALABLE LAND. In doing this, however, the officers found themselves burdened with a large amount of depreciated securities, which they could not carry without great detriment to the in. stitution and the depositors. They have, without doubl, labored hard to get rid of this propcrty, and, 11 possible, cover up the evil results of their wild speculation; but they failed, and to-day a temporary injunction was issued to prevene the paymeal of any money by them. They have been acting under the Bixty-day rule, and were temporarily suspended. They now hold property which is recorded on the books as worth $316,116 25. DECEPTIVE RETURNS. The Banking Commissioners have very good reason to belleve that the officers have not made lair and accurate returns of their actual condition within the past two years, and a rigid investigation 18 in progress. For instance, the bank building IS sot down in their assets as worth $176,725 81, but it has been discov. ered that a heavy mortgage has been given ou It to secure an outside loan. and the transaction has been kept a secret from the Commissioners. It is generally believed that the courts will wind up the affairs of the institution, and that for this purpose the temporary injunction will shortly be made permanent and a receiver appointed. It is hoped that the depositors will not lose neavily. PROPERTY TO BE SOLD. Besides the property which will be sold at auction within is week there is a capital stock of $205,571 18, which will be used to assist in making good the debts of depositors. The largest mortgage held by the bank on the Hyde Park property is one for $30,000 on a trotting park, which was originally Valued at $36,000, but 11 sold to-day it would not bring more than $25,000, 11 that much. It will be offered lor sale February 19. The developments in this case have caused a good deal of criticism and not a little apprehension.

8. February 6, 1878 The New York Herald New York, NY

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ANOTHER RUINED BANK. NATURAL RESULTS FROM A SAVINGS INS TION SPECULATING IN REAL ESTATE. BOSTON, Feb. 5, 1 The Mercantile Savings Bank of this city IS tb est victim of shrunken securities. It held mort, on property in Hyde Park, a town which grew balf a dozen houses to be one of the largest and picturesque of Boston's suburbs within six years. is owned largely by Boston merchants who went : the business of securing homesteads outside of Bost where taxes would be lower than in the city. TL town was built up during the mania for real estate speculation, and it was, like other mushroom settlements, built largely on credit. long as the inflation prices lasted and rents were high the interest, and portions of the principal, could easily be paid, but as soon as the panic struck and property begau 10 depreciate, men who had any surplus commenced to unload, and the downward ten. dency kept on till real estate in Hyde Park became a drug in the : market. The growth of the town was unuatural and the de cline was as rapid. The Mer. cantile Savings Bank loaned largely on this property; and three years ago it was considered as safe as government bonds, but it It were to be sold to-day it would not bring the faco of the first mortgagos. The officers of the bank were largely interested in the Hyde Park enterprise personally. and It was difficult for the Bank Commissioners to distinguish "between the interests of the institution and those 01 its officers, so they two years ago insisted on the abandonment of the whole scheme. LOADED WITH UNSALABLE LAND. In doing this, however, the officers found themselves burdened with a large amount of depreciated securities, which they could not carry without great detriment to the institution and the depositors. They have, without doubt, labored nard to get rid of this propcrty, and, 11 possible, cover up the evil results of their wild speculation; but they failed, and to day a temporary injunction was issued to prevene the payment of any money by them. They have been acting under the Bixty-day rule, and were temporarily suspended. They now hold property which is recorded on the books as worth $316,116 25. DECEPTIVE RETURNS. The Banking Commissioners have very good reason to belleve that the officers have not made lair and accurate returns of their actual condition within the past two years, and a rigid investigation Is in progress. For instance, the bank building IS soi down in their assets as worth $176,725 81, but it has been discovered that a heavy mortgage bus been given ou it to secure an outside loan. and the transaction has been kept a secret from the Commissioners. It is generally believed that the courts will wind up the affairs of the institution, and that for this purpose the temporary injunction will shortly be made permanent and a receiver appointed. It is hoped that the depositors will not lose neavily. PROPERTY TO BE SOLD. Besides the property which will be sold at auction within a week there is a capital stock of $205,571 18, which will be used to assist in making good the debts of depositors. The largest mortgage held by the bank ou the Hyde Park property is one for $30,000 on a trotting park, which was originally Valued at $36,000, but 11 sold 10-day it would not bring more than $25,000, it that much. It will be offered lor sale February 19. The developments in this case have caused a good deal of criticism and not a little apprehension.

9. February 6, 1878 New-York Tribune New York, NY

Article from New-York Tribune, February 6, 1878

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BUSINESS EMBARRASSMENTS. SUSPENSION OF A BOSTON SAVINGS BANK. BOSTON, Feb. 5.-The Supreme Court this morning issued an injunction, on the application of the Attorney-General and the Savings Bank Commissioners, restraining the Mercantile Savings Institution from doing business. The institution has a capital stock of $205,571 18, which will be absorbed by its losses. Depositors will probably not be heavy losers. The bank has been dealing largely in real estate at Hyde Park for the past three years; and to tue depreciation of investments 18 due the present condition of the bank. The Bank Commissioners, two years ago, instructed the bank to discontinue Hyde Park investments; but now believe that the officers of the bank have withheld from them in their returns a true statement of the bank's finances.

10. February 7, 1878 The Weekly Democratic Statesman Austin, TX

Article from The Weekly Democratic Statesman, February 7, 1878

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parties a speedy, convenient and cheap inal, which they could not otherwise have. It objections were made that this trial of cases in the immediate 01 I pinom accused ey: jo AMERICA the impaneling of partial jurors, THE by pinom esoque defendants, the answer to this was was the direct 25000 941 shat Jo starts onler most scount 10 Sujnom the District. ap 10 'raxo H ** scribed the utter prostration of busijo ene sttended peq which seed the lumber mills in that region, the aggregate business of which amounted psq Tear. 8 000'000 is emos or am 10 action the iq paddoss been 118 government, and the vessels engaged in the carrying trade there had been 1snq other other and psy 10 'aip! ajai ness. Frye, of Minnesota, of the Judiciary Committee, advocated the bill as a measure of justice to the government and of justice to the mill ewners. Mr. Foster. of New York, opposed - tate 10 Interest the up Detail SB 11!9 the ber thieves. They were no better than any other kind of thieves. It might the secure 01 persoded eq 11em 88 courts for the trial of whisky to the distilleries. There was just as much the up su uonfsodord this Ut esues other. Mr. Stephens. of Georgia, suggested that the officers of the government could not possibly complain of the bill they could ask nothing else than a speedy and fair trial and justice. Mr. Townsend, of New York, argued pues 01 [ asim you SEM 4! that causes for trial to the places where 'uMOqs eq 7981ue there Mr. Knott submitt: that the simple question here was not whether the gov. ernment could afford to deny to its pus speeds 8 citizens UMO THIS tall Mr. Reed, of Maine, asked Mr. Knott printed universal R you SUM # mhether mhere morj trials remove 01 ME] Jo all excitement existed, and whether this bill did not, in defiance of that pr n ciple, propose to send their cases for trial to the very p'ace where the disturbing influence existed. Knott replied that the United States Circuit Court has the right to remove the trial of criminal cases nearest to the vicipage of the crime, and that in several of the circuits the same rights existed as to civil cases. Finally the bill passed. Senator Conkling presented a peticode JO . 4q pendis 001) the 01 regard 01 100% MeN 10 zeez famine and suffering in Noishin, Cbioa, aq committee 9 that subsested PUB appointed from the residents of China the connection u! 108 03 States minister in procuring and dis tributing relief. They also suggest that the пpexpended balance of the money received from China in 1836 be used to relieve the sufferers. Referred to the Committee on Foreign Affairs. WASHINGTON, February 5. Our Mexican Minister, Foster, meets Schleicher's sub-Committee on Foreign Affairs Thursday. Ways and Means Committee meets daily to complete the tariff bill. The ADA 8! 11 Aug meesure ehe JO reiends probable it will become law. W ASHINGTON, February Capt. Owen Finnegan, of Mobile, Alabama, has secured the contract for a semiweekly mail service from Mobile to Selma, on the Alabama river, to take effect from the ninth instant. ST. LOUIS, February ,-Parties representing the National Bank of Commerce of New York entered suit to-day against the National Bank of Missouri, for the recovery of one-half million of dollars. The petition recites an agreement entered into by the the no intitutions OM1 of December, 1862, whereby the Virst National Bank loaned the other $1,Company 9 JO the ut 000 '000 loan. Of this amount $400,000 with require 91 as puv 'anp 11!38 !! interest of 81 rusel sinor] 18 the that claimed the u! bank 1015 New the 01 811 00 pred Amount 10j 000'009$ JO tuns U idens si! JO date the 04 du Account sion. Another half million dollars is claimed for money loaned in the course eqs 07 becking JO jo yu " State The JO date -3J the JO space eq: u! MOU !! Misson ceiver. BOSTON February 5. The Mercantile Havings Bank, which has been enB bas business Butop most joined capital stock of $205,575, which will be asorbed by its losses. The depositore probably will not be heavy losere. The bank has been dealing largely in real estate at Hyde Park for the past jo am 07 pus gress three investments is due the present condition of the bank. MEMPHIS, February 5.-This morn -ap pus not the 18 called order 8 Ruy commade 9:0 998 01 permission pepueu who was confined in the jail. Jailor Dawson refused, and the negro began to abuse him. Dawson drew his revolver and fired, missing the negro. The the 78 Joop 8 THOM tous corner, Griffin's grocery, some 200 yards distant. It struck Mr. Griffin below the heart, and he soon expired. NEW YORK, February 5.-Dr. Clement L. Losier failed. Liabilities '000 $20 Snip "AO P ayor us Donnon brokers, Cedar street, failed. Liabitithe ATHENS, February 5.-The Turkish minister here designated the action of the Greek government as a declaration of war. He telegraphed to Constantinople for a man-of-war to convey him hence. In consequence the Turkish fleet under Hobart Pasha has arrived. ATHENS, February 5.-The foreign ministers held a meeting to-day and undertook to guarantee the Pirseas against bombardment if left unarmed, thereby remaining an open port. The ministers adjourned the meeting to wait further instructions. CITY OF MEXICO, January 80 The attempt at a revolution in Tamsulipas was early repressed by the government. No cabinet changes are expected until Gen. Gonzales returns from Sonora. Considerable differences exist in the cabinet and among leading public men, whom President Diaz, however, manages to keep together, friends of ex-President Lerdo intend to run him for President at the next election. Senors Velanta and Remore are also mentioned as candidates. Ex President Lerdo has been elected honorary doctor of the law as of Mexico.

11. February 8, 1878 The Emporia News Emporia, KS

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The Providence Savings Bank, R. L, suspended January 31. The Mercantile Savings Bank, Boston, Mass., suspended on the 5th.

12. February 14, 1878 The Milan Exchange Milan, TN

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EAST AND SOUTHEAST. The Mercantile Savings Institution of Boston is enjoined for the present from doing business. An alleged miracle is reported to have occurred recently at East Mauch Chunk, Pa. Miss Amelia Greth, aged 36, a devout Catholic, had been for a long time ill with a pulmonary affection. She had a vision, in which her death was predicted at a certain time, and that she would be restored to life and perfect health through the ihtercession of Father Heenan, her pastor." These events followed, it is claimed, precisely as indicated, and both Miss Greth and Father Heenan publicly declare it to be a miracle. The affair causes great excitement, and, while many Catholies accept the facts as stated, others reject them or are non-committal. A Philadelphia man, J. Henry Schrack, successfully imposed upon the credulity of many of his neighbors, by feigning death and then coming to life again, when he told a most marvelous story of the sights he had seen while upon the boundaries of the other world. Investigation shows that the whole thing was a preconcerted fraud, and the imposter has been publicly exposed. Augustus M. Turney, for 25 years Teller of the Bank of North America, New York, has confessed himself a defaulter to the bank to the amount of $100,000. The bank has since recovered some $16,000 of this amount, and, having a surplus of over $700,000, its standing is not affected. Turney is locked up. Archbishop Wood of Philadelphia has pronounced the alleged " miracle wrought by Father Heinan, of Mauch Chunk, Pa., a "delusion," and the deluded father has been counseled to do all in his power to correct the bad impression which may have been created. Peter Herdic, the great lumberman of Williamsport, Pa., has gone into bankruptcy. Liabilities and assets both large, but the latter mainly of such a nature that they can not immediately be made available. The City of Augusta, Ga., was severely damaged by a cyclone on the night of the 7th. Several buildings were totally crushed to atoms. Charles Dives and wife were left dead in the ruins of their house. The track of the tornado, about 300 yards in width, blazed as if on fire. Cardinal McCloskey sailed from New York on the 9th, expecting to reach Rome on the 22d, five days after the assembling of the Conclave. The Dorchester Savings Bank and the Rockport Savings Bank, both of Boston, have been enjoined from doing further business. The Haydenville (Mass.) Savings Bank has suspended payment. The South Side Savings Bank of Pittsburg has also suspended. Theodore Roosevelt, recently nominated by the President for Collector of the Port of New York, is dead. The Troy (N. Y.) Times building was burned on the 10th, including seven stores and various offices, etc. Total loss about $200,000. Hon. Gideon Welles, ex-Secretary of the Navy, died at his home in Hartford, Conn., on the 11th.

13. February 21, 1878 The Centre Reporter Centre Hall, PA

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NEWS SUMMARY. Bastern and Middle States Waning interest in the marriage.of Thomas Lord, the wealthy New York millionaire, to Mrs. Hicks, has been revived by the publication of Mr. Lord's answer to the charge of his sons, that he was of unsound mind when he contracted the marriage and had been unduly influenced by his wife. After the marriage the contracting parties disappeared and could not be found, although all the time they were living privately in New York. The bridegroom's sons instituted legal proceedings against their father and had a commission to inquire into his mental condition appointed. In his answer, Mr. Lord assèrts that he 14 of perfectly sound mind, in proof of which he furnishes the affidavits of two prominent New York physicians, who oortity that he is perfectly sane and capable of taking care of himself. He further states that after the marriage one of his sons sent & letter to Mrs. Lord threatening to kill her, his own children, and himself that previous to the marriage letters opposing that event were written by his sons and their lawyer ; that he kept secluded after his marriage because he feared some act of violence toward his wife at the hands of his son, and furthermore the ongagement was one of long standing and not a sudden whim. A stay of proceedings was granted by Judge Donohue. A meeting in favor of the silver movement, held in Cooper Institute, New York, was addressed by General Ewing, member of Congress from Ohio. Joseph Woods was hanged at Malone, N. Y., for the murder of Stephan Barber, last August. The familiesor two watchmen guarding hotel property on Coney Island beach, near New York, were overwhelmed by the rising tide during the recent heavy gale and drowned. Three women and five chuddren perished. Thomas Durkin, treasurer of Seranton, Pa., has been deposed from office, & deficit of $1,000 having been discovered in his accounts. The Dutch Reformed Church, of Syracuse, N. Y., was destroyed by fire, and a loss caused of $30,000, on which there is $25,000 institance. The Hinkley locomotive works, of Boston: have suspended, with liabilities amounting to $360,000. The almshouse at Freeport, Me., was destroyed by fire, and two of the inmates- old couple-were burned to death. Henry W. Genet, prominently identified with the Tweed ring, and who has been hidden in unknown quarters ever since be ran away from the sheriff four years ago, after his conviction for obtaining money from the city under false pretenses, returned to New York and gave himself upto justice, He washeld in $25,000 bail. Richard J. Dell, a farmer about eighty years old, living near Woodbury, N. J., was fatally injured by & young bull as 'he was attempting to drive the animal away from the cattle yard. John and James Cassidy, aged one and two years, were smothered to death in & New York tenement house by the smoke from & burning mattress, and the recovery of two elder brothers, aged four and five, was made doubtful through the same cause. The Moreantile Savings Bank, of Boston, has been enjoined from doing further business. Depositors will probably not be heavy losers. A Sweet, Cook & Co., wholesale boot and shoe dealers of Buffalo, N. Y., have suspended, with liabilities of $150,000. The Boston book publishing houses of J. R. Osgood & Co., and Hurd & Houghton, have consolidated under the firm name of Houghton, Orgood & Co. A. M. Turney, paying teller of the Bank of North America, in New York. was arrested for having stolen nearly $100,000 from the institution during the past five years. He had been connected with tue bank twenty-five years, and was respected and trusted. The counsel for William M. Tweed has made & written application to the attorney-zeneral of New York for the release of his client, with & statement of the reasons why the application should be granted. Prominent among recent failures of New York business houses) is that of Joel Hayden & Co., manufacturers of brass goods, for $400,000. The New York chamber of commerce adopted & memorial to Congress against the Bland silver bill

14. February 22, 1878 New-York Tribune New York, NY

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THE MERCANTILE SAVINGS INSTITUTION. BOSTON, Feb. 21.-In the hearing of the Mercantile Savings Institution case in the equity session of the Supreme Court to-day, the bank desired the injunction modified to permit the officers of the bank to wind up its affairs themselves. The Attorney-General opposed the motion, and said he believed that under the statutes the aftairs of the bank should go into the hands of a receiver. After a full hearing, the Court appointed A. A. Burrage, Henry J. Crowell and A.J. Robinson receivers, and the bonds were fixed at $30,000 each. The statement presented by the bank shows the nominal assets to be $3,756,212 50, being in excess of the liabilities $36,615 38. It is believed that the total shrinkage of the assets will be $400,000.

15. March 1, 1878 The Portland Daily Press Portland, ME

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ries of the new province of Bulgaria, which will include the country between the Danube and the Balkans, and a portion of Roumelia between the Black Sea and Servia, comprising Sofia and Phillipopolis, a greater part of Thrace and Macedonia, and the whole valley of the Moritza except Adrianople. The conditions provide for an assembly of notables to elect a sovereign prince for Bulgaria, whose nomination will be submitted for the sanction of the Porte and the European powers. The Bulgarian tribute to the Porte is to be equal in amount to the net revenue of the province. A Russian commission is to superintend the Bulgarian government for two years and 50,000 Russian troops are to occupy the principality during the same period. The conditions also require the cession of Podgoritza and Antivari with other territory to Montenegro; Russia to have power to cede the Dobrudscha to Roumania in exchange for Roumanian Bessarabia; cessions of territory in Bosnia and towards Nish to Servia; prohibition of passage through the straits to menof-war except in isolated cases absolute: freedom of passage of merchantmen even in time of war; payment of an indemnity of 1400 millions of roubles to cover which Turkey is to cede Batoum, Kars, Bayazid, Ardahan and the adjacent territory; Turkey also to pay 40,000,000 sterling in bonds, the interest and sinking fund of which are to guarranteed by Bulgarian and Egpptian tribunals; the Anatolian revenne and Heroclea mines; ten millions of roubles to be paid immediately to indemnify Rassian residents of Constantinople; Turkey to reimburse the Rursian capital invested in Turkish bonds; also to pay for the maintenance of prisoners of war and the reopening of the Silena mouth of the Danube. A special to the Times from St. Petersburg Tuesday, says: Although the treaty of peace is on the eve of signature, the government at noon today (Tuesday) had received no official notification that it was'signed. The Sultan is to retain his fleet. The question of the straits is to be submitted to the conference, when if England, as is probable, proposes the preservation of the status quo, Russia, I am assured, will not seriously oppose her. It would seem therefore as if all the British interests are respected and the danger of a confliet between Russia and England ended. Such however is not the opinion here. The negotiations have left much soreness. It is thought that England's real aim is the humiliation of Russia. These feelings may possibly lead to most serious consequences. Prince Gortschakoff has quite recovered from his illness. The Greeks have based great hopes on the insurrection in Thessaly, Epirus and Crete. The feeling is gaining ground that rather than to submit to the consequences which must follow the Russo-Turkish peace conditions as now understood, Greece should assert her rights even by sending an army across the frontier again. A large force of Greek insurgents has landed on the Albanian [coast and is marching toward Delvina. The inhabitants maintained a neutra attitude and Turkish troops are retreating before the insurgents. OTHER FOREIGN NEWS. The feeling is growing in Rome that the new Pope is not 80 liberal as was thought. It is certain that Cardinal Pecci and Le) XIII do not hold the same views. It is now believed the Pope will remain secluded in the Vatican. The London Times says: The most important business in the foreign stock market Thursday, was the selling of United States bonds by the public. not S0 much that the selling has been of a large amount, as that it has been selling by actual holders, and upon market where are few buyers except upon American account. There is danger, therefore, lest alarm may be generated by the fall thus caused, and bonds get pressed on dealers faster than they care to have them. Very little pressure would cause a sharp fall, but there is no cause for alarm, and any rush to sell is much to be deprecated. American schooner Sunbeam was foreibly seized at Port Limon 1st February, by some forty leaders of the defeated revolutionists of Nicaragua, who forced Captain Kain to take them to Bocos Del Toro, whence they proceeded to Colon. The captain was on shore when they first seized the schooner, and they sent an armed guard, and although the captain was with the American Consul, forced him on board on peril of being shot, defying United States authority. Consul Schuyler reports great mortality from cholera among Pilgrims to Mecca. Between the 24th of December and the end of January, there were 787 deaths, and at Jeddab, the port of Mecca, between December 29th and January 6th, 1124 deaths. It is feared that with the return of the pilgrims to their homes the disease may reach Constantinople, where its ravages will be increased by the present wide-spread sufferings. Masters of ships trading with Constantinople should remember that ships coming from the Black Sea must exhibit health papers at Kavak, those coming from the Mediterranean at Tehanak. The San Domingo revolution gains strength, and Baez is beseiged in his capital It is a long time since there has been recorded so grave a chapter of disasters by sea and shore as that which has accumulated within the past few weeks. During the latter part of January strange and unnatural phenomena occurred along the west coast of South America. The ports of Ecuador, Chili, and Peru were visited with earthquakes and tidal waves, the latter disturbances resulting in the loss of many lives and the destruction of a vast amount of property. BRIEF MENTION. Special Agent Hinds of the Treasury De. partment who is investigating custom house irregularities says startling disclosures are imminent, involving large number of firms and individuals throughout the country.-Kate Claxton, the actress, is bankrupt.--Anderson, the convicted member of the Returning Board, has been sentenced to the penitentiary for two years. It is probable that Governor Nichols will pardon him.-The Mercantile Savings Institution of Boston has been handed over to receivers.-Secretary Thompson says he has saved $2,000,000 on naval expenditures the last three months.-Gov. Hampton of South Carolina has pardoned L. Cass Carpenter convicted of,forgery.-Gov. Robinson of New York has sent a message to the Legislature charging corruption in office on the part of Superintendent Smyth of the Insurance Department, and recommending his removal.-Gen. Crook thinks that Sitting Bull will returnjacross the border as soon as the game gives out.-It is said that Senator Conkling will speak on the silver question in support of the President's veto if one is sent in.-Seven dollars were paid Saturday for a cartload of the stock of the Centenuial Life Insurance Co.-The California floods have rendered many families destitate and measures are being taken for their relief-John Monroe, an American banker in Paris, in New York, writes to the Tribune that parties in Paris are selling American securities -as fast as they can and American credit

16. May 7, 1878 Evening Star Washington, DC

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BUSINESS FAILURES. New England Savings Banks. BOSTON, May 7.-Judge Holt issued a decre yesterday, allowing the receivers of the Mer cantile Savings Bank to pay a dividend of 20 per cent. The Savings Bank Commissioners applied for a restrictive order to the Bristo County Savings Bank, of Taunton, to-day, permitting the payment of 15 per cent. of the amount of the amount of deposits during the first six months, and 15 per cent. during th second six months. A Broken Broker. PORTLAND, ME., May 7.-Geo. K. Davis, real estate broker, filed a petition in bankruptey yesterday. Hisliabilities are $160,000.

17. May 7, 1878 Alexandria Gazette Alexandria, VA

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office of collector of internal revenue and as. sistant treasurer at New Orleans, and as to the measures which have been taken by the government to enforce the same. The records of the Attorney General's office show that Whittaker was tried for embezzling public moneys and found not guilty. The Secretary of the Treasury, in his letter in compliance with the resolution, says that a suit is now pending against him in his collection account for $11,182.06. The amount of the original deficit was $1,076,797.29, which has been reduced to $680,891.53. Herbert W. Otis, with four other men and one woman, has been arrested at Beston charged with being concerned in the removal of a safe from the house of Ephraim Otis in South Seituate, last Monday night, and robbing it of thirty thousand dollars in bonds. Herbert W. Otis is a nephew of the party robbed, and a member of the firm of Merrick, Billings & Otis, druggists, of Boston, a concern which recently failed. He is supposed to have concooted the plan of the robbery. The plunder has been recovered. The Pensacola and Louisville Railroad was sold yesterday under foreclosure, and was purchased by J. F. Sullivan, holder of the first mortgage, amounting to $600,000. He is the President of the Pensacola Railroad Company, to whom the franchise and property of the old Company have been transferred. The price paid was $50,000 for the road, and from ten to twenty-five cents per acre for the land owned by the Company. In Boston, yesterday, Judge Holt issued a decree allowing the receivers of the Mercantile Savings Bank to pay a dividend of 20 per cent. The Savings Bank commissioners ap plied for a restrictive order to the Bristol County Savings Bank of Taunton, to day, permitting the payment of 15 per cent. of the amount of deposits during the first six months and 15 per cent. during the second six months. The New York Coaching Club's coach TallyHo, from Philadelphia, reached New York yesterday evening, driving up in front of the Hotel Brunswiek at ten minutes to six o'clook.Fifth avenue was thronged with private cquipages, and over 2,500 persons greeted the arrival. On the route up Broadway and Fifth Avenue the coaching party were lustily cheered. O'Donovan Rosa. says the last raid on Canada was the ruin of Fenianism, and that to strike Eogland through Canada would do Ireland no good. He pronounces the stories from Buffalo of a contemplated raid without foundation. Gen. Thomas F. Bourke and other prominent leaders make like assertions. Chaplain Henry Ward Beecher of the Thirteenth New York Regiment, will appear in uniform and on horseback on Decoration day, and is to deliver an oration in Brooklyn. Next Sunday he will preach to the members of the regiment. Rev. W. D. Morgan, pastor of the 3d Bap. tist Church of North Stoughton, Conn., was thrown from a wagon early this morning and instantly killed. He was returning from a Masonic meeting. A fire at Lectonia, this mornning, destroyed thirty thousand dollars worth of property, consisting principally of machinery and stock of the Grafton Furnace Company and freight cars. Insured for fifteen thousand dollars. The Methodist Episcopal Conterence in ses. sion at Woodstock, Vermont, has expelled the Rev. E. D. Hopkins from the ministry and membership of the Church on account of the charges of forgeries brought against him. A dispatch from the Coast Survey party at the summit stations, Sierra, Nevada, to the Academy of Science of San Francisco, says the transit of Mercury was completely observed yesterday. Plymouth church last night resolved to turn over to the examining committee members who have been absent three years; which means that Mrs. Tilton is to be dropped. About 60 colored laborers of Washington have promised to go to Brazil to work on a railroad now being built there. They expect to sail from Philadelphia this week. Hard crabs sell for five cents a dozen at Annapolis. The indications are that soft crabs will be plentiful. Marshall & Co's. organ factory, in Milwaukee, Wis., was burned this morning. Loss, between $25,000 and $40,000. The celebrated race horse Leamington drop. ped dead yesterday, at Chestnut Hill, Pa.Leamington was 26 years old. Geo. K. Davis, real estate broker, Portland, Me., filed a petition in bankruptcy yesterday. His liabilities are $160,000. The municipal elections in North Carolina yesterday resulted generally in favor of the democrats. Dr. Chancellor has returned to Baltimore much benefitted by his recent Southern trip. Government Bonds. NEW YORK, May 7.-The Tribune says:-

18. May 8, 1878 The Dallas Daily Herald Dallas, TX

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RECEIVERSHIPS. Jewett Ordered to Surrender the Erie Railroad to the New Company-The Mercantile Savings Bank of Boston Has Not Chicagoized. PORTLAND, ME., May 7.-George K. Davis, real estate broker, has filed a petition in bankruptcy. Liabilities $160,000. NEW YORK, May 7.-Judge Donohue granted an order petitioned for by H. J. Jewett, receiver of the Erie railroad. It confirms his accounts, authorizes to surrender property to the new coms pany, continues him as receiver to discharge his indebtedness as receiver and to defend and prosecute suits by and against him as receiver, and in other respects discharged him. BOSTON, May 7.-Judge Holt issued a decree yesterday allowing the res ceivers of the Mercantile Savings bank to pay a dividend of twenty [per cent. The savings bank commissioners applied for a restrictive order to the Bristol county savings bank of Tauton, .today, per cent. permitting of the amount the payment of the of deposits fifteen during the first six months and fifteen per cent. during the second six months.

19. May 8, 1878 The Morning Herald Wilmington, DE

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SUMMARY OF NEWS. Cleveland had a $30,000 fire yesterday: The Schuylkill is three feet above high water mark. Eighty thousand persons visited the Exhibition on Sunday. The National party meets in convention in Philadelphia to-day. General Grant and his party have left Turin for Dillon and Paris. Mayor Kane, of Baltimore, who has bad paralytic stroke, is rapidly improving. Marshall & Co.'s organ factory at Milwaukee, was burned yesterday. Loss, $35,000. The municipal elections in North Carolina Monday resulted generally in favor of the Democrats. About 150 warriors, members of Sitting Bull's band have surrendered at Fort Custer, D. T. George K. Davis, a Portland real estate broker, went into bankruptcy yesterday; liabilities, $160,000. L. Johnson & Co., shoe manufacturers, suspended yesterday, with liabilities of from $100,000 to $300,000. The committee on small pox in London say it is as strong as it was a year ago, there being 850 cases. George Jones, of the New York Times, has been nominated by Mayor Ely as a Police Commissioner. A riot occurred in Weldon, N. C., at the town election in which two men were shot, one of whom will die. Yesterday the Syndicate made application to the Treasury for an additional $5,000,000 of the 41/2 per cent. bonds. The jury in the Morris-Ervin case have not yet been heard from, and crowds are waiting anxiously for the result. The striking cotton operatives at Burnley and Padiham, England, now offer to return to work at reduced wages, with short time. Judge Halt issued a decree yesterday allowing the receivers of the Mercantile Savings Bank, of Boston, to pay a dividend of 20 per cent. An extensive fire broke out in Manchester, England, on Monday, and was not put out till late at night, owing to lack of water. The loss is $250,000.

20. May 11, 1878 The Dallas Weekly Herald Dallas, TX

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# Doard or electing officers for the Atlantic and Pacific at to-morrow's meeting, which shall include eight members of the Western Union company. MEMPHIS, May 8.-Tbis morning si storm passed over the city partially unroofing a number of business houses and the Peabody hotel, and blowing down Meacham's cotton shed. The damage by wind and water in $40,000. SAN FRANCISCO, May 8.-The will of Mr. O' Brien shows the value of his es tate to be six millions He gives to the Catholic Orphan Asylum, San Ra fael and Catholic and Protestant Orphan asylums in this city, fifty, thirty and twenty thousand dollars respec tively. COLUMBUS, GA., April 7.-Dr. R. U Palmer, the murderer of W. L. Salis bury, banker and proprietor of the In quirer-Sun newspaper of this city, was captured Monday afternoon in Russe county, Alabama, by two farmers, and is now in that county jail. AUGUSTA, Ga., May 9.-J. and K Bones & Co., of Rome, the second old est firm of hardware merchants in the state, suspended. They were quoter at $25,000; liabilities about $17.500 They hope soon to open and resume engagements in the Iron works. Spee ulation embarrassed them. PORTLAND, Me., May 9-It is ru mored that the Evans Rifle company of Mechanics' Falls, are filling larg orders for the Russians on the steame Cimbria. Sr. ALBANS, VT, May 7.-The Ad vertiser learns from N reliable soure that the fenian brotherhood of this section are getting into working order in view of the possibility of war be tween England and Russia. PORTLAND, ME, May 7.-George K Davis, real estate broker, has filed : petition in bankruptey. Liabilitie $160,000. NEW YORK, May 7,-Judge Donohue granted an order petitioned for by H J. Jewett, receiver of the Erie railroad It confirms his accounts, authorizes to surrender property to the new com pany, continues him as receiver to die charge his-indebtedness asreceiver and to defend and prosecute suits by an against him as receiver, and in othe respects discharged him. BOSTON, May 7.-Judge Holt issue 8 decree yesterday allowing the re ceivers of the Mercantile Savings bank to pay a dividend of twenty !per cent The savings bank commissioners ap plied for . restrictive order to the Bris tol county savings bank of Tauton, to day, permitting the payment of fiftee per cent. of the amount of the deposit during the first six months and fifteer per cent. during the second six months. LONDON, May 9.-The afternoo Echo publishes the following telegran dated Bluckburg OHLY URAN