e30e714f6714daa8Full suspension, Books examined
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Bank Suspension. Daluth, Minn., Oct. 14.-The Marine National bank has suspended. A bank examiner is in charge. Inability to make collections rapidly enough to meet withdrawals is assigned as the cause. The bank has a capital of $250,000.
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A Bank in Trouble. DULUTH. Minn., Oct. 14.-The Marine National Bank has suspended, and the bank examiner is in charge. Inability to make collections rapidly enough to meet withdrawals 13 assigned as the cause The bank has a capital stock of $2.0,000. No statement has been issued asTyet.
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LATE NEWS BY WIRE Items of General Interest From All Over the Universe. San Francisco, Oct. 14.-The First batalion of the Fifth artillery regiment left here last night for the east. It consisted of four batteries, commanded by Lieutenant Colonel Sinclair. The second battalion. with Colonel Graham in command, follows tomorrow night. Duluth, Minn., Oct. 14.-The Marine National bank has suspended, and the bank examiner is in charge. Inability to make collections rapidly enough to meet withdrawals is assigned as the cause. The bank has a capital of $250,000. No statement has been made Berlin, Oct. 14.-The Frankfurter Zeeitung again announces that Dr. Kayser, director of the colonial office, has resigned. A similar announcement was made in March last and his resignation has for a long time past been looked upon as being among the probabflities. London, Oct. 14-The Daily Mail says over two million pounds in security was ready in court to be offered as ball for Mr. and Mrs. Castle. Lord Rothschild offered all the assistance in his power and the managers of seyen leaeding London banks made a simflar offer. San Francisco, Oct. 14.-Colonel Hen. ry Brady and R. P. Hammond, j1,, left for Oreegon last night as members of a government commission to settle the disputedboundary line of the Klamath Indian reservation. The question, which involves $0,000 acres, has been in dia pute for many years. St. Louis, Obt. 14.-The national board of steam navigation associations has elected the following officers and membens of the executive committee: Cap. tain Gue C. Meiseonneir, St. Louis, president: B. L Wood. New Orleans, first vice-president: W. W. O'Neil, Pittsburg, second vice-premident; W. J. Wood, Pittsblung, treasurer; Charles H, Boyer, New York, secretary. Remington. Ind., Oct. 14.-Frank Holmes, an old resident of this place, visIted the home of Charles Bartholomew, where & picture of McKinley irang in the window. Holmes made a remark about H which angered Hartholomew. who seized a hasbell bat and struck Holmesover the head. franturing his skull family. Bartholomew has been placed under heavy bonds
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Duluth Bank Failure. Duluth, Minn., Oct. 14.-The Marine National bank has suspended. The bank examiner is in charge. Inability to make collections rapidly enough to meet withdrawals is assigned as the cause. The bank has a capital of $250,000.
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Duluth Bank Suspends. DULUTH, Oct. 15.-The Marine National bank has suspended and the bank examiner is in charge. Inability to make collections rapidly enough to meet withdrawals is assigned as the cause.
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Duluth, Minn., Oct. 14.-The Marine National bank has suspended and the bank examiner is in charge.
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Suspension of a Bank. Associated Press Dispatch by Special Wires. Duluth, Minn., Oct.14.-The Marine National Bank has suspended and a bank examiner is in charge. Inability to make collections rapidly enough to meet withdrawals is assigned as the cause. The bank has a capital of $250,000. No statement has been issued as yet.
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Another Duluth Bank Gone. DULUTH, Oct. 14.-The Marine National bank has suspended and the bank examiner is in charge. Inability to make collections rapidly enough to meet the withdrawals is assigned as the cause. The bank has a capital of $250,000. No statement has been issued yet.
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McFarland for Receiver. WASHINGTON, Oct. 16.-Maj. Baldwin has recommended A. R. McFarland, of Duluth, as receiver of the Marine National bank of that city.
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THE NEWS. Compiled From Late Dispatches. DOMESTIC. Gen. Edward S. Bragg, of Wisconsin, has been appointed by Attorney-General Harmon especial assistant to the United States district attorney for the eastern district of Wiscons:n. For the first time in the history of New York state courts women were appointed receivers in supplementary proceedings of insolvency in New York city. A statement prepared by the bureau of mints shows that during the month of September last the mints of the United States coined 2,700,100 silver dollars. The Cooperative Fruit company of New Castle, Cal., failed for $100,000. The notorious Bill Green gang of desperadoes. composed of Bill, Edward and Arthur Green, was found near Oologah, I. T., and Bill and Edward were killed by the officers. The barkentine Thomas J. Stewart, of Boston, was lost at sea with her crew of 11 men. An organized effort is being made in South Dakota to boycott the hard coal combine throughout the northwest by inducing as many consumers as possible to substitute corn for fuel. Later advices from the storm on the Atlantic coast say that the property damage at Coney Island and other places in the vicinity will amount to over $500,000. Six lives were also lost. The Sherburne (Minn.) bank robbers have been identified as Lu Kellihan and his brother Hans, the latter, who was killed by his captors, being only 18 years old. Knights of the Golden Eagle from nearly every part of the United States met at Reading, Pa., in annual convention. The first irrigation fair in the history of the west opened at North Platte, Neb., with many thousands in attendance. George Harris, William Smith and Charles Jones were killed and two citizens were wounded during an attempt to rob the bank at Meeker. Cal. The Marine national bank at Duluth, Minn., suspended with heavy liabilities. Cummings Bros., exporters of hardwood lumber and logs at Houston, Tex., failed for $100,000. The J. & P. Coates company of Glasgow, Scotland, has bought Clark's MileEnd thread mills at Newark, N. J., for $1,250,000. Three men were fatally injured and 20 others were more or less seriously injured in a trolley accident at a railway crossing in Hazieton, Pa. The Second national bank. the oldest financial institution in Rockford. III., closed its doors, having gone into voluntary liquidation. James Michael, the Welshman, broke the world's five-mile bicycle record on the Garfield park track in Chicago, his time being 9:17 1-5. The annual report of the third assistant postmaster general for the past fiscal year shows that the total expenditure for the year was $90,626,296 and receipts $82,499,208, leaving a deficiency of $8,127,085. or a reduction of $1,679,956 less than the preceding year. J. A. White shot and killed Richard M. Adams and William Jackson, police officers who were trying to arrest him at Columbus, Ga., and was himself shot dead. Michael Boyd and a man named Murphy were asphyxiated in a large gas tank at Syracuse, N. Y. In a wreck on the Florida Central road near Swansea, Ga., Baggage Master Lines and Mail Clerk Thomas were pinned down in the debris and burned to death. The Bank of Commerce, one of the leading financial institutions in Buffalo, N. Y., suspended because of heavy withdrawals. The Military Order of the Loyal Legion of the United States at its annual meeting in Philadelphia elected Rear Admiral Bancroft Gherardi, U. S. N., commander-in-chief. Settlers in Ontonagon and Gogebic counties, Mich., were meeting with heavy losses by forest fires. The president has appointed Robert A. Smith postmaster at St. Paul, Minn. The appointment ends a long contest over the office. Four members of the volunteer fire department of Blue Island, III., have been placed under arrest charged with burning the principal business block in that place some time ago.
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News in Brief. The 3-year old daughter of Joseph Hershtowitz, of Minneapolis, overturned a lighted candle on herself setting her clothes on fire. Her injuries were fatal. Frederick Gagne, night watchman at the Minneapolis postoffice, while riding to work on a bicycle was run down by an interurban car and killed. J. M. U. Thompson, of Mathawa, was sentenced under the forestry law to pay a fine of $75 for setting a prairie fire and leaving it unprotected. The Marine National bank of Duluth has gone into liquidation. Burglars entered the residence of M. A. Lang, of Minneapolis, chloroformed the whole family, ransacked the entire house and carried off considerable plunder. Two trolley cars collided under the Milwaukee railway bridge in Minneapolis. B. O. Silverson was slightly injured.
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Duluth Bank Goes Under. The Marine National Bank at Duluth, Minn., has suspended. Inability to make collections rapid y enough to meet withdrawals was the cause. The bank has a capital of $250,000.
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At New Castle, Cal., the Cooperative Fruit company failed for $100.000. Three masked men held up the Union Pacific fast mail near Uintah, Utah, and the mail car was robbed. In South Dakota an organized effor C is being made to boycott the hard coal combine throughout the northwest by inducing as many consumers as possible to substitute corn for fuel. At Red Key, Ind., Mrs. Col. Vernon gave her two small children a dose of poison and then poisoned herself. No cause is known for the deed. John B. Hamilton, surgeon-general of the United States marine hospital, stationed in Chicago, sent in his resignation to President Cleveland. Masked men looted the little town of Peryear, Tenn., and then started fires in many places, but they were extinguished with small loss. On the Garfield park track in Chicago James Michael, the Welshman, broke the world's five-mile record, his time being 9:17 1-5. William Smith, George Harris and Charles Jones were killed and two citizens were wounded during an attempt to rob the bank at Meeker. Cal. At Duluth, Minn., the Marine national bank suspended with heavy liabilities. The oldest financial institution in Rockford, III., the Second national bank, closed its doors, having gone into voluntary liquidation. At Columbus, Ga., J. A. White shot and killed Richard M. Adams and William Jackson, police officers who were trying to arrest him, and was himself shot dead. By a wreck on the Florida Central road near Swansea, Ga., Baggage Master Lines and Mail Clerk Thomas was pinned down in the debris and burned to death. At Baltimore, Md., the Manchester Cigar Manufacturing company failed for $100,000. It is reported that if Spain does not put down the insurrection in Cuba by March 1 next it is the intention of the government to give up the struggle and to let the island go. The Fifteenth infantry, U. S. A., left for Fort Bayard, N. M., after a residence of six years at Fort Sheridan, near Chicago. Col. Robert H. Hall, of the Fourth infantry, succeeds Col. Crofton as commandant of Fort Sheridan. At the age of 69 years Thomas White Ferry, ex-United States senator, died at his residence in Grand Haven, Mich., from cerebral apoplexy. J. S. Miller, a farmer living four miles north of Linden, Wash., lost his house by fire and six children were burned to death. Near Piedmont, Mo., John Imboden. aged 23, killed his sister, brother and an old man named Jacob Wilhelm who made his home with the Imbodens. George McKerrow, of Wisconsin, was elected president at the session in Chicago of the International Association of Farmers' Institutes. At the annual meeting in Manchester, la., J. II. Brigham, of Delta, 0, president of the National Grange, said that there are now nearly 100,000,000 members, and 27,000 granges in the United States. At a political meeting in Shelbyville, Ind., an anvil burst and balf of it was blown through a window in the residence of John Lansing, fatally injuring two children who were sleeping in the room. At Indianapolis, Ind., Rev. John W. Milam, pastor of the Madison Avenue M. E. church, and his wife have both been declared insane. Overwork on illness on her nort were
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News ID Brief. The 3-year old daughter of Joseph Hershtowitz, of Minneapolis, overturned a lighted candle on herself setting her clothes on fire. Her injuries were fatal. Frederick Gagne, night watchman at the Minneapolis postoffice, while riding to work on a bicycle was run down by an interurban car and killed. J. M. U. Thompson, of Mathawa, was sentenced under the forestry law to pay a fine of $75 for setting a prairie fire and leaving it unprotected. The Marine National bank of Duluth has gone into liquidation. Burglars entered the residence of M. A. Lang, of Minneapolis, chloroformed the whole family, ransacked the entire house and carried off considerable plunder. Two trolley cars collided under the Milwaukee railway bridge in Minneapolis. B. O. Silverson was slightly injured. Pickpockets did a flourishing business at the Bryan meeting at Duluth. Twenty pockets were picked of wallets, according to the latest returns, and a number of diamonds were stolen. F. E. Brady, of St. Paul. lost a $200 stud, and E. C. Howard, of Duluth, lost a $200 stone and money and other articles to the value of $2,000. The president has appointed Robert A. Smith postmaster at St. Paul, Minn. The appointment ends a long contest over the office. Smith succeeds Henry A Castle, commission expired. An unknown man was found dead in bed at the Hotel Ryan at Lake City. Death occurred from natural causes. Postmaster General Wilson has se. lected Dakota county as the section in which to make the experiment on rural free delivery of mail in Minnesota. An inspector has been ordered to proceed to the county and report as to the conditions and select offices in connection with which the experiment is to be made. The Standard Oil Company's oil house and the stock yards of the Minneapolis & St. Louis railroad at Hanley Falls were destroyed by fire. The West Superior board of trade has decided to accept the Minnesota system of wheat inspection. The steamer Queen City, which left Duluth recently, took out 134,000 bushels of wheat and 42,000 bushels of rye, equivalent to 174,000 bushels of wheat in weight, breaking her record of 145,000 bushels, which was the greatest. The drafted depth was 15 feet 5. While the young daughter of Fred S. Schwarz of Osakis was leading a cow with the rope tied around her waist, the animal became frightened and ran away dragging the girl to her death. Lew Wall, a St. Paul Chinaman, is afraid that the highbinders have decreed that he must die and has asked the police for protection. While several boys were hunting in the woods near Lake City, Ernest Bennett, aged 14, was shot by his brother Walter. The bullet entered at his shoulder and lodged at the base of his brain. He may die. E. J. Morril, ex-cashier of the Minneapolis Dry Goods company, was arraigned in court on a charge of grand larceny in the alleged theft of $1,700 of his employers' money. He waived examination and was held to the grand jury in $2,000 bonds. The lumber office of Christenson & Somerville was entered by burglars who, finding no cash, took a bicycle.
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News in Brief. The 3-year old daughter of Joseph Hershtowitz, of Minneapolis, overturned a lighted candle on herself setting her clothes on fire. Her injuries were fatal. Frederick Gagne, night watchman at the Minneapolis postoffice, while riding to work on a bicycle was run down by an interurban car and killed. J. M. U. Thompson, of Mathawa, was sentenced under the forestry law to pay a fine of $75 for setting a prairie fire and leaving it unprotected. The Marine National bank of Duluth has gone into liquidation. Burglars entered the residence of M. A. Lang, of Minneapolis, chloroformed the whole family, ransacked the entire house and carried off considerable plunder. Two troiley cars collided under the Milwaukee railway bridge in Minneapolis. B. O. Silverson was slightly injured. Pickpockets did a flourishing business at the Bryan meeting at Duluth. Twenty pockets were picked of wallets, according to the latest returns, and a number of diamonds were stolen. F. E. Brady, of St. Paul, lost a $200 stud, and E. C. Howard. of Duluth, lost a $200 stone and money and other articles to the value of $2,000. The president has appointed Robert A. Smith postmaster at St. Paul, Minn. The appointment ends a long contest over the office. Smith succeeds Henry A. Castle, commission expired. An unknown man was found dead in bed at the Hotel Ryan at Lake City. Death occurred from natural causes.
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News in Brief. The 3-year old daughter of Joseph Hershtowitz, of Minneapolis, overturned a lighted candle on herself setting her clothes on fire. Her injuries were fatal. Frederick Gagne, night watchman at the Minneapolis postoffice, while riding to work on a bicycle was run down by an interurban car and killed. J. M. U. Thompson, of Mathawa, was sentenced under the forestry law to pay a fine of $75 for setting a prairie fire and leaving it unprotected. The Marine National bank of Duluth has gone into liquidation. Burgiars entered the residence of M. A. Lang, of Minneapolis, chloroformed the whole family, ransacked the entire house and carried off considerable plunder. Two trolley cars collided under the Milwaukee railway bridge in Minneapolis. B. O. Silverson was slightly injured.
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Receiver for a Duluth Bank. WASHINGTON, Nov. 13.-The comptroller of the currency has appointed William E. Lucas receiver of the Marine National bank of Duluth
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-W. E. Lucas has been appointed receiver of the Marine National bank of Duluth, of which F.E. Searle was cashier.
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TELEGRAMS IN BRIEF. DOMESTIC DOINGS. Mr. Bryan made a speech at Lincoln and his voice failed him. The second day's session of the National Grange at Washington was devoted to hearing reports and discussions. Former Congressman William S. Forman, of Illinois, was given the position of internal revenue commissioner. Chicago-A $75,000 fire burned the city manual training school. McKenzie, Tenn.-Charlie Allen, negro, was lynched for rape. New York-Mr. Moody has started a big revival in Cooper union. Gen. Thomas M. Vincent retires from active service in the army. New York-Horseless mail wagons are to be put on here next week. The national convention of the Woman's Christian Temperance union began in St. Louis. The Ozark Implement company of Springfield, Mo., has assigned, with liabilities of $19,000. Hudson, N. Y.-Dr. W. H. Stickles, a physician of Philmont, shot himself and is not expected to live. Detroit, Mich.-The Methodist bishops voted $134,000 for the work in India and $48,576 for work in Japan. The comptroller of the currency has appointed Willam E. Lucas receiver of the Marine National bank of Duluth. New York-Another bit of church gossip, probably without foundation, is the Cardinal Gibbons is in disfavor at Rome. Washington-Two hundred and one sound money republicans are elected to congress, with three districts in doubt. The Missouri river is frozen over at Chamberlain, S. D., the ice being strong enough to permit the passage of teams. The electric power generated by Niagara Falls and communicating with Buffalo was turned on and worked satisfactorily. The will of Mrs. W. H. Vanderbilt was filed for probate. By it most of her estate of $1,100,000 goes 10 the Kissam family. The Studebaker Manufacturing company of South Bend, Ind., has increased its capital stock from $1,000,000 to $3,600,000. Two more alleged girl burglars have been arrested at Milwaukee. They are Ida Muska, aged 16, and Theresa Retzak. aged 18. The board of aldermen of New York will be asked to pass an ordinance forbidding boys and girls to be in the streets at night. Fred Switzer, 18 years old, aceidentally shot himself through the heart at Owoso, Mich., while examining 1b revolver. Clapp & Co., doing a brokerage Iilli Now
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assigned; aggregate liabilities, nearly $500,000. The Chicago Consolidated Iron and Steel Co. assigned; liabilities, about $300,000. B. Hilton, Hughes & Co., successors to A. T. Stewart & Co., New York, made a general assignment and closed business; liabilities over $1,000,000. 31. The Kings County Elevated Railway Co. of Brooklyn placed in hands of a receiver. SEPTEMBER. 4. The First National bank of Helena, Mon., failed, with heavy liabilities. 26. The First National bank of Springville, N. Y., suspended. Wolf Bros.' dry goods establishment in Little Rock closed by attachments; liabilities, $500,000. OCTOBER. 6. The Car and Lumber Co. of Tyler, Tex., failed; liabilities, $250,000. John Maclean & Co., wholesale millinery, failed in Montreal; liabilities, $175,000. B. L. Price & Co., clothing manufacturers, failed; liabilities, $125,000. 7. The First National bank of Ithaca, Mich., failed. 14. The Marine National bank of Duluth failed. 15. The Bank of Commerce of Buffalo closed its doors. 16. Merchants' National bank of Atlanta failed. 19. The Western New York Preserving Co., at Buffalo, seized by the sheriff for debt; 11abilities, $167,323. Charles Bertrand & Co., merchants, of Isle Verte, Que., failed, with liabilities of $235,000. 29. The Mecosta County Savings bank, at Big Rapids, Mich., suspended. NOVEMBER. 20. The First National bank of Sioux City, Ia., failed. 23. The Dakota National bank of Sioux Falls failed. 30. The Missouri National bank, at Kansas City, passed into the hands of the comptroller of the currency. The First National bank of Tyler, Tex., failed. DECEMBER. 1. Gage & Felton, bankers and brokers, failed in Boston.
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NEW YORK MINING STOCKS. Bulwer $0 50, Ontario $9 00 Cholor 80 90 Ophir 15 Crown Point 20 Plymouth Con. Cal. & Va. 1 40 1 00 Quicksilver Deadwood 1 25 10 00 do pfd 30 25 Sierra Nevada Gould & Curry Hale & Norcross. 80 Standard 1 75 Homestake 29 00 25 Union Con Iron Silver 39 20 Yellow Jacket Mexican 25 BOSTON MINING SHARES. Allouez Min. Co.. 1 Franklin 10½ Atlantic 21 181/4 Kearsarge 32 Osceola Boston & Mont 120% 111 Butte & Boston 18½ Quincy Calumet & Hecla.375 120 Tamarack Centennial Wolverine 891/4 97/8 FOREIGN FINANCIAL. NEW YORK, March 8.-Evening Post's London financial cablegram: Nothing is doing in the stock markets, pending Greece's definite reply to the powers, and the course of prices merely reflects local opinion on the situation. That this at the moment is favorable may be gathered from the rise of 1½c in consols and the material gains in all the leading securities. Turkish securities were especially good. Briefly put, London has made up its mind that the powers want peace. Germany is supposed to be the only power really wishing to apply immediate and excessive coercion to Greece. Japan continues to absorb all the arrivals of gold other than sovereigns. Silver is demoralized by Japan's abandonment of the silver standard. Brazils were exceptionally flat on unfavorable reports of that country's finance and on the further fall in exchange. The Berlin market was steady. The Paris bourse was better, the settlements hi ving only forced one failure. INSOLVENT DIVIDENDS. WASHINGTON, March 8.-The comptroller of the currency has declared dividends in favor of the creditors of insolvent national banks, as follows: 10 per cent, the Marine National bank, of Duluth, Minn.; 10 per cent, the American National bank, of New Orleans; 5 per cent, Central National bank, Rome, N. Y. NEW YORK MONEY. NEW YORK. March 8.-Money on call easy, 11/2@1% per cent; last loan, 1½; closed at 1½ @1% per cent. Prime mercantile paper, 3@4 per cent. Sterling exchange strong, with actual business in bankers' bills at $4.87½ for demand and $4.85% for sixty days. Posted rates, $4.861/2 and $4.881/2. Commercial bills, $4.841/2. Silver certificates, 63%@64/c. Bar silver, 63%c. SAVINGS COMPANY FAILS. CINCINNATI, 0., March 8.-Hermann Brockman was this afternoon appointed receiver of the Consolidated Building and Savings company. The shareholders are mostly street railway employes. Liabilities, $230,000; assets, $175,000. BANK CLEARINGS. St. Paul-$448,426.47. Minneapoiis-$1,032.459. New York-Clearings, $63,703,781; balances, $3,878,296. Boston-Clearings, $11,384,010; balances, $1,156,608. TREASURY STATEMENT. WASHINGTON. March 8.-Today's statement of the condition of the treasury shows: Available cash balances, $212,245,324; gold reserve, $150,804,733. CHICAGO MONEY. CHICAGO, March 8.-New York exchange, 55c discount. Foreign exchange firm; demand, $4.871/4; sixty days, $4.851/2.
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Assessed the Stockholders. DULUTH, Minn., June 21.-Controller Eckels has notified Receiver William E. Lucas, of the Marine National bank, that an assessment of $78 per share has been levied on the stockholders of the bank, payable July 15.