First National Bank (Monmouth, IL)

Episode Information

Episode Type
Suspension โ†’ Closure
Start Date
April 8, 1884
Location
Monmouth, Illinois (40.911, -90.647)
Bank Type
national
Charter Number
85

Metadata

Notes

Contemporary reports hoped for quick resumption, but a receiver was appointed Apr 22, 1884.

Events (4)

1. September 17, 1863 Chartered
Source
historical_nic
2. April 8, 1884 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Defalcation/speculation by cashier B. T. O. Hubbard producing a large deficit (est. $45,000โ€“$100,000).
Newspaper Excerpt
The First National bank closed its doors this morning. The cause assigned is speculation by Cashier B. T. O. Hubbard, whose deficit is estimated at from $45,000 to $100,000.
Source
newspapers
3. April 22, 1884 Receivership
Newspaper Excerpt
R. M. Stevenson, of Monmouth, Ill., has been appointed receiver of the First National Bank at that place.
Source
newspapers
4. April 22, 1884 Receivership
Source
historical_nic

Newspaper Articles (23)

Article from Savannah Morning News, April 9, 1884

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A FLOOD OF FAILURES

TWO NORTHERN BANKS DRAGGED DOWN IN THE VORTEX. One of Them at St. Albans, Vt., and the Other at Monmouth, Ill.-Both Disasters the Result of the Secret Speculation of Officers. ST. ALBANS, VT., April 8.-The First National Bank announced this morning that its doors would be closed to-day. Bank Examiner Hendee closed the institution because they did not have sufficient funds to pay drafts in Boston on Saturday. Public confidence in the bank has been declining since a run was made on it two months ago. The cause of the trouble is said to be stock speculation by President Sowles and his brother. It is believed that depositors will not lose anything. THE EFFECT ON OTHER BANKS. ST. ALBANS, VT., April 8, 11:30 P. M.The news of the suspension of the First National Bank of St. Albans to-day caused considerable excitement in Swanton, Vt., and a run is being made on the Union Bank in consequence. The officers say that the bank has enough funds on hand to pay all depositors, and also state that they are amply secured on all dealings with the suspended bank. Vila's National Bank of Plattsburg, N. Y., is also closely connected with the St. Albans bank. PROVISION DEALERS EMBARRASSED. BALTIMORE, April 8.-T. Robert Jenkins & Sons, provision dealers, went to protest last night, and their suspension was announced to-day. No assignment has been made, and there will be a meeting of creditors on Monday next. Speculation in pork is said to have caused their embarassment. A BANK ROBBED BY ITS CASHIER. CHICAGO, April 8.-A special from Monmouth, Ills., says: "The First National Bank closed its doors this morning. The cause assigned is speculation by Cashier B. T. O. Hubbard, whose deficit is estimated at from $45,000 to $100,000. The bank is expected to resume in a day or two, as the stockholders, who are all moneyed men, are liable." PREFERENCES OF $35,000. NEW YORK, April 8.-Julius H. Hogan, Otto Witte and Allen Letow, composing the firm of Hogan & Billing, bankers at No. 1 Wall street, made an assignment to-day for the benefit of their creditors, giving preferences to J. and W. Seligman of $15,000 and the Kansas City Smelting and Refining Company of $20,000. RICHMOND PORK PACKERS SUSPEND. RICHMOND, VA., April -The suspension of Lee, Potts & Co., pork packers in this city, was announced this afternoon. The liabilities are reported to be $200,000. The failure is due to speculation in pork. The bulk of the firm's indebtedness is in Chicago.


Article from The Portland Daily Press, April 9, 1884

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Hendee will at once make a complete investigation and if it is not feasible to continue the business the bank will go into voluntary liquidation. The assets are not of the quick kind and to speedily realize on them will be difficult, LATER. The bank crisis here is not surprising to the publฤฑc, who have been expecting it. The stockholders of the institution are E. A. Sowles $30,000, Albert Sowles $90,000, Mrs. E. A. Sowles $40,000, Merritt Sowles $4.000, O. A. Burton, G. W. Foster and B. C. Hall, $1,000 each; the balance is owned by two sisters of Sowles' some $4,000 or $5,000. There is no expectation that the bank will resume business again. The investigation will not be concluded before tomorrow or Thursday. A general impression prevails that depositors are more likely to come out whole than in the case of the previous crisis. Developments are awaited with interest. A Run on the Swanton Bank. SWANTON, April 8.-There has been a run on the National Union Bank today owing to its close business relations with the first National of St. Albans. Payment was kept up while the funds lasted. The officers ask for delay, pronouncing the bank perfectly solvent, with ability to pay every dollar. Sixty thousand dollars has been drawn out by depos itors in the past ten days. An Illinois Bank Crippled by a Defaulting Cashier. MONMOUTH, April 8.-The First National bank closed doors this morning. The caused assigned is speculation by Cashier Hubbard whose [deficit is estimated at from $45,000 to $100,000. The bank is expected to resume in a day or two.


Article from The Semi-Weekly Miner, April 9, 1884

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Bank Failure

CHICAGO, April 8.-The News Monmouth, III., special savs: The First National Bank closed its doors at 11 o'clock this forenoon. The cause assigned is speculation by the cashier, B. T.O. Hubbard. whosedeficit is estimated at from $45 000 to $100,000. The bank is expected to resume in a day or two as the stockholders are liable and all monied men.


Article from Morning Appeal, April 9, 1884

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The Cashier of the Period

CHICAGO, April 8.-The Daily News of Monmouth, Ills., says that the First National bank closed up at 11 o'clock this forenoon. The cause assigned is speculation by the cashier, P.T. G. Hubbard, whose deficit Is estimated at from $45,000 to $100,000. The bank is expected to be resumed in a day or two, as the stockholders are liable, and are all moneyed men.


Article from The Daily Dispatch, April 9, 1884

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Bank Suspension in Illinois

[By telegraph to the Dispatch.] CHICAGO, April 8.-A special to the Daily News from Monmouth, III., says: " The First National Bank closed its doors this morning. The cause assigned is speculation by the cashier, B.T. O. Hubbard, whose deficit is estimated at from $45,000 to $100,000. The bank is expected to resume in a day or two, as the stockholders, who are all moneyed men, are liable."


Article from Fort Worth Daily Gazette, April 9, 1884

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A Bank Suspended

Monmouth, Ill., April 8.-The First National bank closed its doors at 11 o'clock this forenoon. The cause assigned is speculation by Cashier Hubbard, whose deficit is estimated at from $45,000 to $100,000. The bank is expected.to resume in a day or two, as the stockholders are liable and are monied men.


Article from The Daily Enterprise, April 10, 1884

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THE LATEST NEWS

oil) The jail at Cincinnati is still guarded by a detachment of militia. The president has recognized Thec. Hellman, consul for Turkey at New Orleans. The striking nail makers at Wareham, Mass., voted to return to work at reduced wages. Cincinnati elected a democratic civic ticket on Tuesday. Cleveland went republican. A letter from Havana says the filibusters in Cuba are securing recruits in many parts of the island. John Williams was hanged at Easton, Pa., at 11 o'clock Tuesday morning for the murder of his wife. Pettingill & Everett, importers and shipping merchants of Boston, have failed with liabilities of $102,000. The First National Bank of Monmouth, Ills., has failed. Cause, speculation on the part of the cashier, B. T. Hubbard, who is shortly $100,000 in his accounts. The London Standard's dispatch from Madrid asserts that much displeasure is felt by the Spaniards toward America for allowing General Aquera to leave Key West The Central Pacific will run a fast mail train from Ogden to San Francisco covering the distance in 39 hours, and completing the fast service from New York to San Francisco. The Irish bishops will convene in Rome in September. The purposes of the gathering are represented to be similar to those of the convention of the American bishops last year Deadwood dispatch, 9: Jack Morris shot and killed Louis Strahle last night in a bar-room at Spearfish, Dakota. Particulars have not been received, but Strahle seems to have been the aggressor.


Article from The Austin Weekly Statesman, April 10, 1884

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A Bank Collapses

MONMOUTH, Ill., April 8.-The First National bank closed its doors at 11 o'clock this morning. The cause assigned is speculation by the cashier, B. T. O. Hubbard, whose deficit is estimated at from $45,000 to $100,000. The bank expects to resume in a day or two, as the stockholders are reliable and monied men.


Article from Vermont Phล“nix, April 11, 1884

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This has been a bad week for bank failures. On Tuesday, the day of the St. Albans failare, the First National bank of Monmouth, Ill., closed its doors on account of the discovery that its cashier had squandered from $45,000 to $100,000 in speculation, and on the following day the Exchange bank of Versailles, O., suspended, leaving its stockholders to suffer & loss of $60,000.


Article from The Caldwell Tribune, April 12, 1884

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THE NEWS

b J Incidents and Accidents. Alf. Burnett, the humorist, died at Cincinnati on the 4th. Nearly 300,000 pounds of opium were imported during 1883. Gen. Stanley will be assigned command of the department of Texas. Gov. Cleveland is being brought out as a presidential candidate to kill Tilden. Forty-sight dead and 135 wounded is the deplorable result of the Cincianati riot. Destructive cyclones have occurred D in parts of Ohio and Ind ana, with great loss of life. Barbed wire manufacturers met in Chicago on the Sd, and advanced the price 10 per cent. Seven Polanders, looking for work, were struck by a backing engine at Scranton, Pa., on the 3d, and five of them were killed. The Ohio legislature is askcd by the governor to make provision for the mother of Officer Desmond, killed in the Cincinnati liot. There was a general strike by all the mechanics working on buildings, in the factories and car snops in New Orleans, in accordance with the resolution adoptd Sunday. Several bosses have yielded, and the exposition management has agreed to pay the advance, and work thereis uninterrupted. A Monmouth (III.) dispatch cf the 8th says: The First National Bank closed its doors at 11 o'clock this morning. The cause assigned is speculation by the cashier, B. T. O. Habbaad, whose deficit is estimated at $45,000 to $100,000. The bank is expected to resume in a day or two, as the stock olders are reliable and all moneyed men. Sixteen Chinamen were brought into S the port of New York on Monday by 1 the steamship Saratoga. They were C taken aboard at Havana. Assistant t Collector Meredith boarded the steamI ship in the bay, and found the Chinaa men checked through to San Francisco, i and that they were on their way home 3 to China. They were allowed to leave t the stamship. t Considerable interest is manifested in j New York on the fate of the bill before W the legislature, regulating the height of t V dwelling houses. The Fire Department say they cannot cope fairly with a dry fire more than sixty-five feet high, SI 21 d if it is seventy-five feet, it is at the fr extreme point they can touch. What a can they do then with a dre in the upcl per part of a house 150 feet high? th They answer that the only thing is to W wait till it burns down to a point within sb their reach. Yet, within about two ha years more than one hundred dwellings have been erected in New York, of a which the lowest is five feet beyond ro his max mum, and sixty-sixty of which Ju re dwelling houses. w


Article from Wheeling Register, April 15, 1884

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Will Make Good the Deficiency

MONMOUTH. ILL., April 14.-The stock holders of the suspended National Bank met to day and resolved to resume by making good the deficiency cause.1 by Cashier Hubbard's defalcation.


Article from The Austin Weekly Statesman, April 17, 1884

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Will Resume

MONMOUTH, Ill., April 14.-The Stockholders of the suspended national bank met to-day and resolved to resume by making good the deficiency caused by Cashier Hubbard's defalcation.


Article from The Indianapolis Journal, April 23, 1884

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Notes and Personalities

Special to the Indianapolis Journal. WASHINGTON, April 22.-Mr. Harrison reported to-day to the Senate, from the committee on military affairs, a bill to pay John W. Blake, of Indianapolis, one month's pay as captain of the Tenth Indiana. It appears that at one time during Blake's service he was detailed from his company, and in his absence a man was promoted or appointed to his place, which cut him out of one month's pay before the error was rectified. He will likely get his money. An order was issued by the War Department to-day assigning Brigadier-general David S. Stanley to command of the department of Texas, in place of Brigadier-general Mackenzie retired. R. M. Stevenson, of Monmouth, Ill., has been appointed receiver of the First National Bank at that place. In a conversation with Representative Kleiner, of Evansville, to-day, on the presidential question, he stated that he thought McDonald would be a strong candidate and would get the nomination; but, in case he was not nominated and some Eastern man was, that McDonald would be placed the second on the ticket. It was hard to tell, he said, whether McDonald would accept the second place or not, but he, for his part, would like to have him on the second place, if he was not put on the first,


Article from St. Paul Daily Globe, April 23, 1884

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GEN. MACKENZIE'S SUCCESSOR. An order was issued by the war department to-day, assigning Brigadier General David S. Stanley to the command of the department of Texas, in the place of Brigadier General McKenzie, retired. R. M. Stevenson, Monmouth, Ill., is appointed receiver of the First National bank of that place.


Article from Evening Star, April 24, 1884

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BANK RECEIVERS APPOINTED

-The controller of the currency has appointed Hon. Daniel Roberts, of Burlington, Vt., as receiver of the First National bank of St. Albans, Vt., and R. M. Stevenson, of Monmouth, III., to be receiver of the First National bank of the last named place.


Article from The Douglas Independent, May 3, 1884

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DOMESTIC TELEGRAPHIC NEWS

The Chinese bill will be considered b Congress in the course of seven or eigh days. City Treasurer Francis Smith of B yonne, N. J., is short in the sum of $41,00 in his accounts. The treasury of the United States ha purchased 324,000 ounces of silver for th different mints. It is now thought that John A. Walsh testimony in the star-route cases wi create quite a stir. The cotton mills owned by a Providen company at Conn., were burne Loss, over $100,000. John H. Deane of New York filed a assignment recently, giving preference amounting to about $500,000. Among the novelties in the Philadelph silk exhibition is a North Carolina inc bator for forcing the eggs of silk worm A leper named Charles Wilson ha escaped from the Tewksbury almshou and the state is being overhauled by tl authorities. Senator Miller of California recently I ported to the senate a bill to punish 1 tine or imprisonment the illegal issuan of passports. Senator Pendleton, says the New Yo Times, made a very earnest speech at tl Iroquois club banquet in support of civ service reform. J. C. Burrows of Michigan, recent nominated and confirmed solicitor of tl treasury, has written the president, for ally declining the office. The total receipts of Irving's six month American tour are about $500,000. H impression of America will be publish simultaneously here and in London abo June. H. M. True, a witness in the Share trial, died at Santa Cruz, of pneumoni produced by a cold. True exposed Wel conspiracy and was quite an importa witness in the case. A fair was held in the guild room of tl St. Ignatius church, New York city, f reducing the debt of the church and ultimately make the edifice a memorial the late rector, Dr. Ewer. Ocean freights are in a most unsati factory condition so far as stockholders the great steamship companies are co cerned. The dividends are microscop and rivalry is at a white heat. Philadelphia has 562 establishments d voted to the making of men's and boy clothing, in which are employed 9192 me 10,209 women and 934 children, turni out goods valued at $31,220,968. Frank Dewalt, defaulting president the Leadville bank, was arraigned befo the United States commissioners al waived examination. In default of $20,0 bail he was placed in jail at Denver. The widow of William Morton. t Aretic explorer, who died in Alaska la year and was buried in San Francisco, making strenuous efforts to remove t body to the family tomb in Greenwood. Heavy winds unroofed and damag buildings at Vicksburg recently. Shreveport a terrific rainfall was follow by brilliant sunshine, succeeded in t evening by an unprecedented downpou The New York board of health's analys of thirteen samples of yellow musta showed that each was adulterated, thr examples containing napthal yellow, dangerous explosive and violent irrita poison. Residents of Quebec province contin to flock to the United States, but prin pally to the New England mining center A number of French Canadians are al emigrating to theTurtleMountain distric in Dakota. Recent forest fires did $20,000 damage Dooley, Taylor, Webster. Sumter, Jeff son and Glasscock counties, Georgia. T winds have drifted huge sand piles ov the tilled lands, making new preparatio for planting necessary. Five thousand laborers have died three months on the Panama canal. Th is the report of Captain Wilbank, who turned recently to Philadelphia from t canal where he had been supervising t work of a dredge for a year past. Col. J. H. Haverly will sail for Engla May 18. The Mastodon Minstrels, sixt five in number, will sail on the same ve sel. The company will open at the Dru Lane theater May 31, and travel through England, Ireland, Scotland, Wales a France. At the regular meeting of the executi committee of the board of trade held Philadelphia. John Welsh in the cha Senor Raffel Varces, Mexican consul, re a brief and forcible address, urging encouragement of a direct trade betwe that city and his own country. Captain Eads, who has just return from England, says his visit was to int rest English capitalists in the Tehuanten railway and was entirely successful. T enterprise is in the hands of a wealt syndicate, which is furnishing funds f the preliminary work in Mexico. Among the things to be exhibited at t meeting of the inventors in Cincinnati the first patent ever issued in the Unit States. It is dated New York, July 1790, and is signed by George Washingto president; Edmund Randolph, attorn general, and Thomas Jefferson, secretar Fortress Monroe, Virginia, is the large fort in the world, covering an area twenty acres. It was built in 1817 and the uninitiated looks almost impregnab In shape the fort is an irregular hexago two sides fronting the water, while other four command the land approache The stockholders of the First Nation bank at Monmouth, Ill.. voted to pay t assessment to meet Cashier Hubbard's ficiency and resume at once, but t comptroller at Washington telegraph that the appointment of a receiver will necessary. This last move the bank w try to avoid. A number of persons just returned fro Panama describe the condition of affai on the isthmus quite serious as relates o public health. As the result of their servations they have addressed letters the order of the Red Cross, calling atte tion particularly to Colon as a field f special work. Bills have been introduced in bo houses of congress authorizing the go ernment to loan the managers of the Ne t Orleans exhibition $1,000,000 upon same terms as were made when it w given to the centennial exposition, t money to be paid before any other clair before the managers.


Article from The Abilene Reflector, May 8, 1884

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WASHINGTON NOTES

HENRY W. CANNON, of Minnesota, has been selected as successor to Comptroller Knox, and James Connolly, of Illinois, to be Solicitor of the Treasury. Connolly is at present United States District Attorney for the Southern District of Illinois. SECRETARY CHANDLER received a telegram from Commodore S. B. Luce stating that the Portsmouth had arrived at Newport with yellow fever on board. The disease was not serious, however, and all the patients were convalescing. THE Comptrollo r of the Currency has ap pointed Guy Stapp receiver of the First National Bank of Monmouth, Ill. GENERAL HENRY S. SANFORD, formerly minister to Belgium, is now in Washington as the representative of the Congo Association. SENATOR WILLIAM P. KELLOGG was acquitted by the jury at Washington of the charges of bribery made against him in connection with the Star Route frauds. HON. JOHN JAY KNOX has assumed his duties as President of the National Bank of the Republic of New York. THE Interior Department reports exten sive frauds in the methods of aequiring title to public lands by certain foreign corporations.


Article from The Iola Register, May 9, 1884

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WASHINGTON NOTES

HENRY W. CANNON, of Minnesota, has neen selected as successor to Comptroller Knox, and James Connolly, of Illinois, to be Solicitor of the Treasury. Connolly is at present United States District Attorney for the Southern District of Illinois. SECRETARY CHANDLER received a telegram from Commodore S. B. Luce stating that the Portsmouth had arrived at Newport with yellow fever on board. The disease was not serious, however, and all the patients were convalescing. THE Comptroller of the Currency has appointed Guy Stapp receiver of the First National Bank of Monmouth, III. GENERAL HENRY S. SANFORD, formerly minister to Belgium, is now in Washington as the representative of the Congo Association. SENATOR WILLIAM P. KELLOGG was acquitted by the jury at Washington of the charges of bribery made against him in connection with the Star Route frauds. Hon. JOHN JAY KNOX has assumed his duties as President of the National Bank of the Republic of New York. THE Interior Department reports exten sive frauds in the methods of acquiring title to public lands by certain foreign corporations.


Article from New-York Tribune, July 12, 1884

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WASHINGTON NOTES

WASHINGTON, Friday, July 11, 1884. THE SALARIES OF GOVERNMENT OFFICIALA.-Judge Lawrence, First Controller, has decided that the appropriation acts recently passed by Congress provide for the payment of the full annual salaries of all officers who are continued in office. In some cases salaries have been increased and under his decision officers who were in office on July 1, and whose salaries have been increased, get the benefit of the increase dating back to July 1. In a few cases salaries have been reduced, and officers in office on July 1 are subject to the reduction from that date. A PREMIUM FOR CHINESE LABORERS.-The Collector of Customs for the District of Arizona has informed the Treasury Department that the Mexican Government has entered into an agreement with a steamship company to give a bonus of $60 a head for Chinese laborers, to be landed at Guaymas, Mexico, under a labor contract. JUDICIAL APPOINTMENTS.-James E. Boyd was to-day appointed by Chief Justice Waite to be United States Attorney for the Western District of North Carolina, and Thomas B. Keogh to be United States Marshal for the same district, to fill vacaucies caused by the expiration of their terms, no nominations having been made to provide for these vacancies during the late session of Congress. ANOTHER HEAVY ASSESSMENT.- - The Controller of the Currency has directed that an assessment of 100 per cent be levied on the stockholders of the First National Bank ef Monthouth, III. THE MIDDLETON & Co. FAILURE. In the Equity Court to-day Frank Morey was appointed receiver of the banking firm of Middleton & Co., in place of Mr. G. F. Green, and was required to give a bond 111 the sum of $75,000. FRAUDULENT VOUCHERS.-Three more indictments were found by the Grand Jury today against Burgdorf, a merchant of this city, for the presentation of false accounts and vouchers to the Bureau of Medicine and Surgery of the Navy Department.


Article from The Bolivar Bulletin, July 17, 1884

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LATE NEWS ITEMS

THE National Democratic Convention at Chicago completed its labors on the 11th by nominating, on the second ballot, Hon. G over Cleveland, the present Governor of New York, as their candidate; and Hon. Thos. A. Hendricks, of Indiana, for VicePresident, by a unanimous vote of the Convention. There was the wildest enthusiasm over the nominations. THE condition of Minister Lowell is much improved. SHURMER & TEAGLE'S oil works at Cleveland, O., burned on the 11th. Loss, $20,000. A CASE of Asiatic cholera was discovered in a suburban town of Paris on the 11th. EVERETT & WEDDELL, private bankers, Cleveand, O., assigned. Liabilities $1,000,000. THE German Government is taking every precaution against cholera. WM. HART, charged with setting fire to the Cincinnati Court-house during the riot of last spring, was acquitted on the 11th. THE Republique Francaise denies that Admiral Courbet has occupied a town on the coast of China. SECRETARY FRELINGHUYSEN says no reciprocity treaty has recently been concluded between Canada and the United States. ITALIAN troops are blockading the roads leading into Italy to prevent the introduction of cholera. THE Comptroller of the Currency on the 11th directed an assessment of 100 per cent. on the share-holders of the First National Bank of Monmouth, III. MANAGER Gye denies that he has engaged Nilsson, Albani and Sembrich for the coming season in New York. GENERAL BUTLER refuses to say what he is going to do in the campaign. BRADFORD, Pa., was visited by the most disastrous fire in the history of the city on the 11th. Four persons were burned to death and four others were badly injured. THE County Democracy of New York celebrated Cleveland's nomination by firing 100 guns in the City-hall Park. By the arrest of a Dallas man it is believed that the seal of secrecy is removed so that extensive frauds in connection with the sale of Texas school lands will come to light. SUNSET Cox pronounces the Democratic platform the finest ever promulgated, and regards the nomination of Cleveland a very strong one. THE new National Democratic Committee will meet at the Fifth Avenue Hotel, New York, July 24, when a permanent organization will be perfected. Rev. HENRY WARD BEECHER says that he will vote for Cleveland for President, and claims that as an Independent Repub lican he has that right,


Article from The Magnolia Gazette, July 17, 1884

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LATE NEWS ITEMS

THE National Democratic Convention at Chicago completed its labors on the 11th by nominating, on the second ballot, Hon. Grover Cleveland, the present Governor of New York, as their candidate; and Hon. Thos. A. Hendricks, of Indiana, for VicePresident, by a unanimous vote of the Convention. There was the wildest enthusiasm over the nominations. THE condition of Minister Lowell is much improved. SHURMER & TEAGLE'S oil works at Cleveland, O., burned on the 11th. Loss, $20,000. A CASE of Asiatic cholera was discovered in a suburban town of Paris on the 11th. EVERETT & WEDDELL, private bankers, Cleveand, O., assigned. Liabilities $1,000,000. THE German Government is taking every precaution against cholera. WM. HART, charged with setting tire to the Cincinnati Court-house during the riot of last spring, was acquitted on the 11th. THE Republique Francaise denies that Admiral Courbet has occupied a town on the coast of China. S SECRETARY FRELINGHUYSEN says no reciprocity treaty has recently been concluded between Canada and the United States. ITALIAN troops are blockading the roads leading into Italy to prevent the introduction of cholera. THE Comptroller of the Currency on the 11th directed an assessment of 100 per a cent. on the share-holders of the First Nae tional Bank of Monmouth, III. MANAGER GYE denies that he has enf gaged Nilsson, Albani and Sembrich for the coming season in New York. t GENERAL BUTLER refuses to say what e he is going to do in the campaign. e BRADFORD, Pa., was visited by the most d disastrous fire in the history of the city on the 11th. Four persons were burned to n death and four others were badly injured. THE County Democracy of New York S celebrated Cleveland's nomination by firV ing 100 guns in the City-hall Park. By the arrest of a Dallas man it is believed that the seal of secrecy is removed so that extensive frauds in connection with the sale of Texas school lands will d come to light. o SUNSET Cox pronounces the Democratic g. s platform the finest ever promulgated, and t regards the nomination of Cleveland a very strong one. THE new National Democratic Committ tee will meet at the Fifth Avenue Hotel, e New York, July 24, when a permanent oreganization will be perfected. Rev. HENRY WARD BEECHER says that s he will vote for Cleveland for President, Sand claims that as an Independent RepubDlican he has that right.


Article from Mower County Transcript, November 5, 1884

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GENERAL

DR. PARET, of New York, was elected bishop by the Protestant Episcopal Conference at Baltimore. S. SELIG, wholesale milliner, San Francisco, made an assignment on the 29th. Liabilities $25,000; assets $20,000. THE People's Bank, at Canton, Ill., suspended on the 29th. Liabilities $100,000. A WASHINGTON dispatch of the 29th states that yellow fever has broken out on the west coast of Mexico. THE Armstrong well in the Thorn Creek, Pa., oil district, was torpedoed on the 27th with fifty quarts of nitroglycerine and immediately commenced to flow at a phenonenal rate. The yield per day is estimated at 9,000 barrels. Before the torpedo exploded the well was considered worthless. ON the 28th Walter Q. Gresham, secretary of the treasury, was appointed judge of the Seventh Circuit, in place of Justice Drummond, resigned. ExSecretary Hugh McCulloch takes the treasury portfolio. THE Scott liquor law was on the 28th declared unconstitutional by the supreme court of Ohio. THE U. S. steamer Tallapoosa, which was -sent to the bottom of Vineyard Sound by a collision in August last, has been raised and is now at New York navy yard for repairs. WILBUR F. STOREY, proprietor of the Chicago Times, died at his home in that city on the 27th, after a protracted illness. THE comptroller of the currency has eclared dividends of 30 per cent. in favor of the creditors of the Hot Springs Ark., National Bank and the First National Bank of Monmouth, Ill. With this dividend the creditors of the latter bank will have received 70 per cent. of their claims.


Article from The Livingston Enterprise, December 13, 1884

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with a shotgun, shot three men, one of a and was wrist and captured. The them, the policeman, then police fatal. shot offi- in cer's wound will probably prove A delegation of the woman's suffrage party called upon Sir John A. Macdonald, prime minister of Canada, in New York, and thanked him for incorporating women suffrage in the pending Canadian franchise bill, and tendered him a public reception. Verien's bank in Bremen has suspendded. The former manager committed sui- is cide in prison. The present manager under arrest. The suspenion of the bank ot caused the suspension of the firm Bruning of Bremen, who were large shareholders in the bank. Miss Eva Mackey, daughter of the Nevada millionaire now in Paris, who has so frequently been declared to have been engaged to different princes and noblemen, is now authoritatively announced as en- of gaged to Fernando de Colonnia, Prince Gallatro. A pearl weighing ninety-three carats and valued at $17,000, has been shipped is to London from Guaymas, Mexico. It believed to be the largest in existence. It was purchased from an Indian for $90. who recently found it at Mullejo, Lower California. The London Telegraph has purchased large tract of land in the Mojave Desert, for the purpose of using the yucca plant of which grows on it for the manufacture into paper. The plant will be ground pulp at a point on the Colorado river, and shipped by rail to New Orleans. Failures throughout the country, as reported to R. G. Dun & Co.'s mercantile in agency, number for the last seven days the United States, 294; Canada, 26; total. 320. This is an increase of seventy-one over last week. The increase is general in all sections of the country, but particularly noticeble in the southern and western states. Fielding C. Brown, generally known about Wall street as "Colonel" Brown, was killed by throwing himself from a second story window of his apartments. He No. 201 East 99th street. New York. insane from suffering, produced by was congestion of the brain. He was a "forty niner," and had lived in California thirty years. A mob of twenty men took Wm. Pitts, charged with having clubbed J. o. Harris the to death with a wagon spoke, from him officers at Doggett, Cal., and hanged to a telegraph pole. Pitts was a deserter from the United States army, having enlisted under the name of Wm. H. White in the 2d cavalry, company F, stationed at Fort Ellis, Montana. The Federal grand jury at Chicago has O. returned an indictment against B. T Hubbard, and in default of bail he was committed to jail. Hubbard was cashier of the First National bank of Monmouth, Ill., which failed last spring for about $400,000. The charge is that he embezzled or lost in speculation about $379,000. arrested de disappeared for a time,but was at Waukegan, Ills., in September. Ammen M. Tenny. P. J. Christofferson C. I. Kemp, were tried and convicted and and of polygamy, at Prescott, Arizona. sentenced to three years and six months and imprisonment at Detroit, Michigan, W. J. hundred dollars fine each; and five Fade and J. N. Skonsen, who pleaded guilty, were sentenced to six months' imprisonment at Yuma, and five hundred dollars fine each. San Francisco experienced a terrific on Monday. Ferry boats were blown run gale with great difficulty, street signs vessels down, windows blown in, several washed broke their moorings and were ashore, and many others were seriously damaged. Two sections of the sea-wall the smashed in and the breakwater at was foot of Greene street was completely estiwashed away. It is impossible to mate the damage Oscar Kauffet Harris, for twenty-two a prominent Washington journalist Mr. years of consumption. edited the National died Harris yesterday Evening Republican, Critic National Intelligencer and reat different times, and for fifteen years He ported the proceedings of congress. reported the Surratt trial and the execution, the impeachment of Andrew Johnson, and other important events, and continued the his active journalistic career up to time of his death. More Chinamen Drowned. Some days since it was reported that B. the three ton sloop which left Victoria, C., with nineteen Chinamen, who were to