20b0d0bfFull suspension, Books examined
Other: Bank examiner put in charge; receiver later appointed.
Click image to open full size in new tab
DULUTH BANK FAILS. The Marine National Has Suspended Because Unable to MakeCollections 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.
Click image to open full size in new tab
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.
Click image to open full size in new tab
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.
Click image to open full size in new tab
A Duluth Bank Suspends. The Marine National Bank of Duluth, Minn., 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 Issued as yet.
Click image to open full size in new tab
Bank Suspends at Duluth. Duluth, Minn., 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, The bank has a capital of $250,000. No statement has been issued as yet.
Click image to open full size in new tab
NEWSLETS. FRANKFORT, Ky.-The Seventh district Republican committe to-day nominated W. C. P. Breckinridge as that party's candidate for Congress. SPRINGFIELD, Ills.-The sixth anual convention of the Illinois Bankers' Association convened to-day. The attendance was meagre. WASHINGTON-The treasury to-day lost $234,800 in gold coin and $45,000 in bars. which leaves the true amount of the gold reserve $124,504,585. ST. LOUIS Mo.-The registration of voters is unprecedetned, a gain of 40,000 over 1892. CLEVELAND Ohio.-In a barroom early this morning, Pat Tebeau, captain of the Cleveland team. and Catcher O'Conor gave a newspaper reporter a severe beating for writing an article criticizing Tebeau. COLUMBIA, S. C.-Two trains collided on the Florida Central to-day. Express messenger W. B. Lines and Mail Agent L. A. Thomas were caught under the wreck and roasted to death before the, eyes of the helpless trainmen. CINCINNATI, O.-In the U. S. court today Judge Sage held that the Fidelity bank receiver must pay the New York Chemical National Bank $300,000 with interest. money borrowed by President Harper without the sanction of the Trustees. LOUISVILLE, Ky.-To-night at nine o'clock at the residence of ex-Governor John Young Brown. his daughter, Virginia Singleton, was married to Major Miss Brown is a army. Charles Alfred Booth, beautiful United States young woman of the blonde type. a great belle in Louisville society and leader of Frankfort society during her father's administration. REMINGTON Ind., October 14.-Frank Holmes. an old man. visited the home of Charles Bartholomew, where a picture of McKinley hung in the window. Holmes made a remark which angered Bartholomew. who seized a base ball bat and fractured his skull. DULUTH, Minn.-The Marine National Bank has suspended through inability to make collections. PITTSBURG-The eleventh annual convention of the Brotherhood of St. Andrew of the United States. opened here this afternoon at Trinity Episcopal church. NEW YORK-The Appellate division of the Supreme court to-day decided that the use of the name National Democratic party" on the official ballot is permissible. This reverses Justice Clements. DETROIT. Mich.-Miss Floise Mortimer. prima donna of the Wilbur Opera Company was married to-night to Louis F. Schmidt. of Rochester N. Y., in Whitney's Opera House. by Rev. Stuart. HAZLETON, Pa.-Jefferson Kirchner and David John Williams, telegraphers, were a and William Stapleton, The killed struck in trolley wreck to-night. car a Delaware locomotive. Twenty others were hurt. five fatally. COLUMBUS Ga.-Officers Richard M. Adams and William Jackson went to arrest J. A. White, a former policeman. considered ecentric. White and son his who nineteen-year-old was Henry. opened fire with Winchesters, and killed both They then barricaded their before the elder officers. home. and wounded two White of the was atkilled. he fatally tacking party. The younger White escaped. Blood hounds are after him.
Click image to open full size in new tab
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.
Click image to open full size in new tab
Duluth Marine Bank Closes. DULUTH, Minn., Oct. 14.-The Marine National bank 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 issued as yet.
Click image to open full size in new tab
Duluth, Minn., Oct. 14.-The Marine National bank has suspended and the bank examiner is in charge.
Click image to open full size in new tab
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.
Click image to open full size in new tab
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
Click image to open full size in new tab
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.
Click image to open full size in new tab
A Receiver to Be Appointed. The controller of the currency has decided to put the affairs of the Marine National Bank of Duluth, Minn., in the hands of a receiver.
Click image to open full size in new tab
Receiver for a. Duluth Bank. Washington, Nov. 12.-The comptroller of the currency has appointed William E. Lucas receiver of the Marine National bank of Duluth Minn.
Click image to open full size in new tab
The News Condensed. Important Intelligence From All Parts. DOMESTIC. The receipts of the United States for the month of October were $25,282,829 and the expenditures were $38,978,277, showing a deficit for October of $7,655,458. The total deficit since July 1, 1896, is $32,889,577. The wholesale clothing firm of Reis, Toons & Co. in Philadelphia failed for $100.000. About 2,100 employes have been added to the classified service by the issuance of an order by President Cleveland directing that the rules of the navy department regulating the employment of labor at the navy yards shall not be changed without the approval of the rivil service commission. The United States Carriage company's works at Columbus. O., were burned. Mrs. Annie Schrieber. aged 28, and her nepbew. a lad of 14, eloped from their nomes in Chicago and committed suicide in Elgin, III. Three vast waterspouts connecting clouds and sea was the rare phenomena witnessed by residents of Cottage City, Mass. Jeff Jackson, John Adams, William Taylor and Robert Allison, negro laborers, were murdered by white caps near Wild Fork. Ala. The Emerson Piano company that failed recently in Boston has resumed business. At Merlens, Tex., Peter Hansen split his wife's head open with an ax and then committed suicide by shooting himself. He charged his wife with infidelity. A telegram from Lick observatory in California announces the discovery of a faint comet by Perrine, an assistant at Lick. Consul General Fitzhugh Lee arrived in New York from Havana. Half an hour after Harrison Bacon. aged 73, a pioneer of Courtland, O., had cast his vote he dropped dead in the street of heart disease. Capt. Hatfield, of Hatfield-McCoy fame, killed Henderson Chambers and John and Elliott Rutherford at Matewan, W. Va., during a quarrel over politics. Hatfield escaped. Constable Francis De Long, one of the oldest residents of Joliet. III., was shot and instantly killed by Lyman Hall, a young man 24 years old, whom De Long was trying to arrest. The following officials have been removed from the treasury department by Secretary Carlisle for offensive partisanship: Judge W. E. Fleming, of Kentucky; Thomas F. Brantley, of South Carolina. and Burton T. Doyle. In a battle at Winchester, Ky., between a posse of policemen and at squad of negroes six colored men and three whites were shot, three of the negroes being fatally wounded. President Cleveland issued a proclamation naming Thursday, November 26. as Thangsgiving day. The Gem theater in St. Louis was destroyed by fire and William Gray. the stage manager, was fatally injured by jumping from a tbird-story window. The Carter-Crume company's woodPD disb factory in Saginaw, Mich., was destroyed by fire. W. White & Co.. one of the largest and oldest cotton-buying firms in Texas, failed in Dallas for $200,000. The Chicago stock exchange opened for business after being closed for six months. During a storm on Lake Erie several sailboats were capsized and Henry Mayo and Jacob and George Vergt were drowned. John H. Inman, head of the cotton house of Inman, Swan & Co., and a business man of national reputation, died in New York of heart failure, aged 53 years. William Mann (white) and Abe Goss (colored) were killed by the explosion of a locomotive boiler at Atlanta, Ga. Arthur L. Snook, a brakeman. shot and killed his wife in Kansas City, Mo., and then killed himself. cause is know & A receiver was asked for for the Marine national bank of Dulutb, Minn. The liabilities are $270,000. Stanley Barrows achieved the feat in Denver of riding the fastest mile ever made on a wheel, and that is without any pacing, his time being 58 seconds. All the pork butchers at the packing houses in Chicago struck because of the failure to advance their wages. Rev. E. S. Nicholson, of Kokomo, Ind., father of the temperance law. has been reelected to the legislature, with 800 votes to spare. The Golden Scepter Mining company at Quigley, Mont., has assigned with debts of $285,000. Conrad Eichhorn deliberately put his 13-year-old son to death in Toledo, O., and then committed suicide. Domestic trouble was the cause. The Manhattan Clothing & Shoe company at Dayton, O., assigned with liabilities of $100.000. The exchanges at the leading clearing houses in the United States during the week ended on the 6th aggregated $991,552,065, against $968,781,558 the previous week. The decrease compared with the corresponding week in 1895 is 12.6. Gaines Murphy, who was put on the ticket as a joke, was elected sheriff of Gibson county. Ind. Mrs McCarthy. of Scranton. Pa
Click image to open full size in new tab
-W. E. Lucas has been appointed receiver of the Marine National bank of Duluth, of which F.E. Searle was cashier.
Click image to open full size in new tab
-W. E. Lucas has been appointed receiver of the Marine National bank of Duluth, of which F.E. Searle was cashier.
Click image to open full size in new tab
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.
Click image to open full size in new tab
demand for carpets. In regard to the shut down the officials state that the pending tariff legislation makes it unwise to store carpets at present. The curtailment of production will affect 2,500 employes, while it will keep the market well in hand. Repairs will also be made in the interval. STRATS ON FULL TIME. Oakland, Me., March 8.-The Oakland wool mill began running on full time this morning. It employes 250 operatives and has been running on short time for several months. BUSINESS FAILURES. Charleston, W. Va., March 8.-Jelenke Bros. & Loeb, the largest department store in the state, wholesale and retail, assigned this morning. Assets large and liabilities $75,000. POOR NEGROES CAUGHT. Baltimore, Md., March 8.-A receiver was appointed today for the Lexington Savings bank of Baltimore. The suit is brought by two stockholders and creditors of the bank. It is alleged that Everett J. Warring, president and cashier, has left the city and his whereabouts are unknown. The bank closed its doors this morning. A crowd of depositors Burrounded the bank all day. They are laboring negroes and were greatly disappointed when they found that they could not get their money. They have been ailowed to deposit from 25 cents up, and there are about 500 of them. None of the deposits are large. RECEIVER APPOINTED. Cincinnati, Ohio, March 8.-Herman Brockman was this afternoon appointed receiver of the Consolidated Building and Savings company. The liabilities are $230,000; assets, $175,000. The failure atfects almost all the employes of the Consolidated Street Ralway company, 88 well as others. The concern lost $40,000 on real estate loans and other unproductive Investments. It was incorporated in 1885 with a capital of $600,000. There were 5,212 shares subscribed of from $100 to $500 each, but the weekly receipts had fallen to $750. About half the shareholders had asked for withdrawals and had ceased weekly payments. The directors asked for a receiver. INSOLVENT BANK DIVIDENDS. 3 Washington, March 8.-The comptroller of the currency has declared dividends in favor of the creditors of insol7 vent national banks as follows: Ten / per centy the Marine National bank of t Duluth, Minn; 10 per cent, the American
Click image to open full size in new tab
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.
Click image to open full size in new tab
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.