e64ffb1c99405572None
Click image to open full size in new tab
BUSINESS TROUBLES. Manufacturers' Bank of West Duluth in Receiver's Hands. DULUTH, Minn., Sept. 2. - The State Bank Examiner has taken charge of the Manufacturers' Bank at West Duluth, and C. E. Beaslee has been appointed receiver. The failure is attributed to the bank's inability to realize on its assets. Deposits are about $40,000.
Click image to open full size in new tab
ABBREVIATED TELEGRAMS. The Minnesota state bank examiner has taken charge of the Manufacturers' bank of West Duluth, and C. E. Peaslee ha been appointed receiver. The tenants of the Ewart building at 11 to 21 Jefferson street, Chicago. paid T.F. Dowd, the agent, in silver because he is a Bryan man. There were 350 silver dollars. Every employee of the secretary of war's office has been placed under the civil service law, with the exception of two confidential clerks. This includes messengers and laborers of all kinds. Thomas H. Phillips, a prominent capitalist at Ottumwa, Ia., was killed by a Burlington switch engine. He was driving and his horses became frightened and ran on the tracks. An old man giving the name of Harry Beetle passed a worthless check for $10 on Charles Pangritz, a dentist. at Chicago. The Clyde and Belfast shipbuilders have settled their differences with their employes by conceding the advance in wages demanded by the men. Carl Adams, a 16-year-old boy, was dragged to death by a mule at Xenia. Ills. He was driving with the lines tied around his waist when the animal ran away. A horse driven by Orme Knul, at Chicago, stepped on a live wire and was instantly killed. Willie Thompson, aged 12 years. met a horrible death at Louisville, Ills. He was holding a horse and had the rope tied around his arm. when the animal became frightened and ran away. The boy's head was severed from his body. Julius Stein and Joseph Robinson, the latter a small jeweler, are under arrest at New York, and it is alleged that they fraudulently secured diamonds worth $100,000 from Julius M. Lyon, a diamond dealer, who assigned last week. Otto Kober. of Chicago, age 14, stuck his head into the shaft of a hand elevator to see where the car was. Just then it dropped. Otto has a broken nose, and may lose one eye. Obituary: At Fonda. N. Y., Daniel Spraker, 98. At Milwankee, Simon Kahn. At Princeton, Ind., State Senator James W. Danstels, 74. At Abingdon, Ills. Thomas Ellison, 85. Joseph H. C. Swan, of Wichita, Kan., who foretold the St. Louis cyclone, prediets that the winter of 1896-97 will be very long and cold with much snow. Governor Altgeld has named Michael J. Helm, of Marion county. a member of the state board of charities in place of Dr. Beerne Bettman, of Chicago, resigned. Eddie Lee, 12 years old, committed suicide by hanging at Saginew, Mich. He was a cigarette fiend and became depondent. The Apostolic Christian church, founded in Germany and having a congregation in New York, believed yesterday was the last day, that Christ would take the elect to heaven before sunset. when all life on earth would be destroyed. But we still live.
Click image to open full size in new tab
Daus maamner in charge. DULUTH, Sept. 3.-State Bank Examiner Kenyon has taken charge of the Manufacturers' bank of West Duluth and C. E. Peaslee has been appointed receiver. The failure was attributed to the bank's inability to quickly realize on its assets. Deposits are about $40.000.
Click image to open full size in new tab
Minnesota Bank Goes Under. Duluth, Sept. 3.-The state bank examiner has taken charge of the Manufacturers bank of West Duluth, and C. E. Beaslee has been appointed receiver. The failure was attributed to the bank's inability to quickly realize on its assets.
Click image to open full size in new tab
BUSINESS TROUBLES. Bank in Receiver's Hands. Duluth, Minn., Sept. 3.-The Manufacturers' bank of West Duluth has been placed in the hands of a receiver by order of the state bank examiner. Deposits amount to $40,000.
Click image to open full size in new tab
Telegraphic Briefs. Duluth, Minn.-The Manufacturers' Bank of West Duluth has been placed in the hands of a receiver by order of the State Bank Examiner. New York.-J. Sternglanze & Co., shirt and overall manufacturers, made an assignment. Liabilities placed at $150,000, with nominal assets about the same. Warsaw, N. C.-Two of the largest stores were burned and others were damaged by fire, the principal losers being C. R. Hussey, loss $10,000, insurance $7,000, and J. P. Best, loss $6,000, insurance $2,500. Baltimore.-Ex-State-Senator Robert Moss, of Anne Arundel county, was nominated for Congress by the Democrats of the Fifth District, and the Chicago platform and nominees were endorsed by the convention. Racine, Wis.-The Sheriff seized the brewery of T. Klinkert on a judgment. Mr. Klinkert made an assignment for the benefit of his creditors. Assets, $500,000; liabilities, not over half or three-quarters of that sum. New York.-An unknown woman, about 30 years old, leaped from the platform of the elevated station at 125th street and Third avenue, and, landing on the track in front of an approaching train, was cut to pieces. Pittsburg, Pa.-Every mill in the steel department of the Edgar Thompson works of the Carnegie Company, at Braddock, suspended operations indefinitely, lack of orders being given as the cause for the suspension. Nashville, Tenn.-The Democratic State Committee made an offer of fusion to the Populist Committee by giving the Populists three members of the electoral ticket, a fraction over what they would be entitled to on the vote of two years ago, and the Populists asked twenty-four hours in which to make answer. Kingston, Jamaica.-Captain Murphy, of the American steamship Laurada, has been arrested on a charge of having articles contraband of war on his vessel, a number of riffes having been found on the steamer, and released on ball in the sum of £300. The report that the Laurada had been wrecked at Port Antonio. through treachery, is untrue. The vessel was only slightly damaged.
Click image to open full size in new tab
MINNESOTA NEWS. NOTION our up Star State. The state fair proved to be a proounced success. Anton Weinholzer was robbed of early $300 in his saloon in St. Paul. The residence of Mr. Mika at Delano was destroyed by fire. Loss $500. Two Duluth girls are mysteriously hissing and supposed to have been foully dealt with. Over 100,000 people were in attendince at the G. A. R. encampment at Paul. Ft. Hon. Fred C. Stevens was nominated or congress by the Republican convenion of the Fourth district, held at faylors Falls. Peter Rafferty. who has been held S a witness, is now charged with the nurder of Thomas Curlin, at Lake Elmo, near Stillwater. Gus Mueller of Rochester, aged 36, committed suicide by shooting himself n the abdomen. Cause, despondency over his health. The old Marquis Demores refrigertor at Brainerd was struck by lightning and set on fire. It is a total loss; artially insured. Under orders of the district court if Wabasha county the uncollected asets,-notes and securities of the de!unct Merchants bank of Lake City, vere sold. Mrs. Fannie B. Fleck, relict of A. M. Fleck ,was found dead in a closet in her residence at Austin. She had been n poor health for some time. Two :hildren survive. John Lambert's house and contents and six stacks of grain were burned to the ground. The Lamberts were away 'rom home and it is believed that the ire is the work of enemies. A school house in a district about 'our miles north of Montevideo was burned with all contents last night. The loss was about $600, and was !ully covered by insurance. The fire S supposed to have been set by ramps. C. E. Green and R. C. Blue, unmar:ied, employes of the Great Northern work train, were seriously injured at Bauk Center by falling from and being un over by the train. The recovery if either is doubtful. D. R. Morrison, a shoe dealer of Vinona, closed his doors Monday. His ailure is the result of the death af 1. F. Hodgins, to whom he owed somehing over $10,000. The assets are but 1 few thousand less than the liabiliies. The stock is estimated at $12,000. State Bank Examiner Kenyon has :aken charge of the Manufacturers' ank of West Duluth and C. E. Peaslee has been appointed receiver. The faila is attributed to the bank's inability to quickly realize on its assets. De)osits are about $40,000. A premature explosion of dynamite it the cement works at Mankato fatilly injured Peter Peterson and badly njured Peter Lewis,. If Lewis recov!TS he will probably be blind. They had disobeyed orders in using dynanite in the upper rock ledge instead of owder. John Sebaack of Douglass lost. his ;ranary and barn, including a large quantity of grain and 200 tons of hay, besides machinery, by fire, catching rom a threshing machine engine. Mrs. Theresa Congemine of Hampton lost 1 quantity of flax in the shock in a imilar manner. Both were insured. Great excitement prevailed at Anhandale for about four hours the other lay over the announcement that Scott Goodman's little three-year-old boy had wandered into the woods and was lost. The whole town was turned into a searching party, and just before dark he little fellow was found about three'ourths of a mile from home. John eGns, living southeast of Rentille, while riding horseback driving attle Monday morning, was thrown rom his horse, sustaining injuries rom which he died the same evening. le was sixty years of age and one of he earliest and most prosperous Gernan farmers in this section. He leaves wife and six children, mostly grown ID, to mourn his loss. A. D. Davidson, receiver of the State bank which failed some time ago, when Cashier Stuckey eloped with $15,000 of its money, has sued M. O. Hall, formerly president of the bank, 'or $3,200, which, it is alleged, he converted to his own use and failed to reurn. When Cashier Stuckey was tried 'or embezzlement some time ago he vas acquitted, blaming Hall for the rime. A serious affray occurred at Milaca ecently. William Johnson, a saloon teeper of Sandstone, came here several lays ago, and claimed a woman here S his wife. The woman, being di-
Click image to open full size in new tab
Throughout the North The cotton print mills at Fitchburg, Mass., has resumed operation after a nine week's shut-down. I At Pittsburg, Pa., Joseph Orozz was hanged for murdering his sweetheart, Theresa Bobok, January 8, 1896. 1 The American Watch Factory, at Waltham, Mass., has begun work again with a full set of hands and will run on full time. I At Van Cleek, Ont., the Commercial Hotel, owned by George Constantineau, was partly destroyed by fire and five pearsons were burned to death. 1 The Manufacturers' Bank of West Duluth, Minn., has been placed in the hands of a receiver by order of the State Bank Examiner. Deposits amount to $40,000. Chas. E. Warburton, proprietor of the Philadelphia Evening Telegraph, is dead of fatty degeneration of the heart. He had been in poor health for a long time. F. Klinkert, brewer, has made an assignment for the benefit of his creditors, at Racine, Wis. The assets are said to be $200,000, while the liabilities will not reach over half or three-quarters of that sum. In the presence of 8,000 spectators at Fleetwood Park, New York, Wednesday, John R. Gentry lowered the colors of Robert J., Frank and Star Pointer, winning the most remarkable harness race on record and pacing three heats in 2:31, 2:31 and 2:31. the fastest time ever known for three consecutive miles. At the New York Rifle Association meet at Seagrit, N. J., the team of the First Cavalry of Georgia won the carbine school prize. The first team of the Engineer Cory, District of Columbia, won the match at 200 and 500 yards. The team of the First Infantry of Georgia won the inter-state regimental match.
Click image to open full size in new tab
"SOUND MONEY" AND THE BANKS. The Manufacturers' Bank of West Duluth wentof business. Couldn't meet its liabilities-in "gold." La Maida Bros. & Andrale, bankers, New York and Philadelphia, failed. Couldn't meet $30,000 of liabilities with $60,000 of assets. State Land and Trust Co, Ogallala, Neb., capital $25,000, loans and discounts $58,665, gone under the gold standard. The Bank of National City, Cal, insolvent. Receiver appointed. Union National Bank, Sioux Falls, S. D, gone. The First National Bank of Beatrice, Neb., closed doors. Couldn't pay $110,000 of liabilities with $250,000 of assets. See! $25 of honest property assets, will not pay $11 of gold standard debt. Beatrice Neb, Savings Bank also gone under, with $290,000 gold standard dollars-all of the savings from the toil of the honest laborers of that vicinity. American National Bank of New Orleans closed. Funds found squandered. Officers arrested. Three more bank failures in New Orleans las week.
Click image to open full size in new tab
NEWS IN MINNESOTA The State Agricultural society cleared about $10,000 on the state fair last week. S. M. Owen, Populist candidate for congress has been endorsed by Fifth district (Minneapolis) Democrats. A schoolhouse four miles north of Montivedio was burned one night last week, the fire being presumably set by tramps. J. D. Buxton, the defaulting treasurer of the Minneapolis postoffice, has been sentenced to three and a half years at Stillwater. Over 12,000,000 barrels of flour were ground at Minneapolis last year, breaking all previous records. At the head of the lakes over 3,000,000 barrels were ground. Footpads robbed David Eastman, a Sisseton Indian, of $30 near Browns Valley. He attempted to resist, when he was pounded over the head and rendered insensible. A proposition to incorporate the territory now embraced in Thief River Falls and Red Lake Rapids as a city was carried at a special election practically without opposition. W. O. Cole of Chicago and A. H. Gay of New York, representing bondholders of the Gas and Water company, have made the Duluth city council an offer to sell the gas and water plant for $1,695,000. While Alderman Jacob Niebles of Fergus Falls was at St, Paul, pickpockets touched him on a street car for $40. The same night burglars entered his store at Fergus and took $200 worth of guns and revolvers. The sum of $5,800 was found hidden in the mattress upon the bed formerly occupied by the late Hugh Donahue of Chatfield. It was in the form of bank bills of small denomination, together with notes, mortgages, certificates of deposit, etc. State Bank Examiner Kenyon has taken charge of the Manufacturers' bank of West Duluth, and C. E. Peaslee has been appointed receiver. The failure is attributed to the bank's inability to quickly realize on its assets. Deposits are about $40,000. The Sleepy Eye Milling company's elevator at Cobden has been burned. Several freight cars belonging to the Chicago and Northwestern road, standing on the siding near the elevator, were also burned. The origin of the fire is thought to have been incendiary. A premature explosion of dynamite at the Mankato cement works fatally injured Peter Peterson and badly injured Joseph Lewis. If Lewis recovers he will probably be blind. They had disobeyed orders in using dynamite in the upper rock ledge instead of powder. Erastus Wiman is in conference with Minneapolis millers over a plan to reduce freight rates on flour from Minneapolis to New York 10 cents. The route to be used includes the Erie canal and the plan is to take shape in the formation of the Consolidated Lake and Canal company. Minnesota grain inspectors state that the grades of grain which have already entered Minneapolis and Duluth in large quantities are Nos. 1 and 2 Northern, slightly better to all appearances than last year's first shipments. The berry is not SO large, but the grain is heavier and brighter. Thursday an electric car bound for the state fair grounds collided with a Minneapolis and St. Louis freight train at Snelling avenue crossing, and eight people were quite seriously injured, none of them, however, fatally, it is believed. The street car was filled to the gates with people and it is a wonder that there were no fatalities. The Bermidji stage was held up by two masked road agents. One stopped the team. The driver pulled a revolver and the second robber put a bullet through his hat. This subdued him and robber No. 2 went through his pockets, taking $35 in cash and a small express order, and disappeared in the brush. The mail was not disturbed.
Click image to open full size in new tab
NEWS IN MINNESOTA The State Agricultural society cleared about $10,000 on the state fair last week. S. M. Owen, Populist candidate for congress has been endorsed by Fifth district (Minneapolis) Democrats A schoolhouse four miles north of Montivedio was burned one night last week, the fire being presumably set by tramps. J.D. Buxton, the defaulting treasurer of the Minneapolis postoffice, has been sentenced to three and a half years at Stillwater. Over 12,000,000 barrels of flour were ground at Minneapolis last year, breaking all previous records. At the head of the lakes over 3,000,000 barrels were ground. Footpads robbed David Eastman, a Sisseton Indian, of $30 near Browns Valley. He attempted to resist, when he was pounded over the head and rendered insensible. A proposition to incorporate the territory now embraced in Thief River Falls and Red Lake Rapids as a city was carried at a special election practically without opposition. W. O. Cole of Chicago and A. H. Gay of New York, representing bondholders of the Gas and Water company, have made the Duluth city council an offer to sell the gas and water plant for $1,695,000. While Alderman Jacob Niebles of Fergus Falls was at St, Paul, pickpockets touched him on a street car for $40. The same night burglars entered his store at Fergus and took $200 worth of guns and revolvers. The sum of $5,800 was found hidden in the mattress upon the bed formerly occupied by the late Hugh Donalue of Chatfield. It was in the form of bank bills of small denomination, together with notes, mortgages, certificates of deposit, etc. State Bank Examiner Kenyon has taken charge of the Manufacturers' bank of West Duluth, and C. E. Peaslee has been appointed receiver. The failure is attributed to the bank's inability to quickly realize on its assets. Deposits are about $40,000. The Sleepy Eye Milling company's elevator at Cobden has been burned. Several freight cars belonging to the Chicago and Northwestern road, standing on the siding near the elevator, were also burned. The origin of the fire is thought to have been incendiary. A premature explosion of dynamite at the Mankato cement works fatally injured Peter Peterson and badly injured Joseph Lewis. If Lewis recovers he will probably be blind. They had disobeyed orders in using dynamite in the upper rock ledge instead of powder. Erastus Wiman is in conference with Minneapolis millers over a plan to reduce freight rates on flour from Minneapolis to New York 10 cents. The route to be used includes the Erie canal and the plan is to take shape in the formation of the Consolidated Lake and Canal company. Minnesota grain inspectors state that the grades of grain which have already entered Minneapolis and Duluth in large quantities are Nos. 1 and 2 Northern, slightly better to all appearances than last year's first shipments. The berry is not SO large, but the grain is heavier and brighter. Thursday an electric car bound for the state fair grounds collided with a Minneapolis and St. Louis freight train at Snelling avenue crossing, and eight people were quite seriously injured, none of them, however, fatally, it is believed. The street car was filled to the gates with people and it is a wonder that there were no fatalities. The Bermidji stage was held up by two masked road agents. One stopped the team. The driver pulled a revolver and the second robber put a bullet through his hat. This subdued him and robber No. 2 went through his pockets, taking $35 in cash and a small express order, and disappeared in the brush. The mail was not disturbed.