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BUTTE BANK IN TROUBLE (Scripps News Association.) WASHINGTON, Oct. 19.-The Aetna Banking & Trust company, of this city, and a branch of the same company at Butte, Mont., weer today closed by the comp= troller of currency. Robert Lyons was appointed receiver. The national bank examiner says examination showed the branch insolvent when last reported.
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AETNA BANK BOOKS FOUND IN TANGLE; OUTLOOK SERIOUS Depositors of Poorer Class Weep When Told of Their Losses. "The farther we go into it, the less encouragement we find?" said Acting Comptroller Kane today, speaking of the closing of the Aetna Banking and Trust Company's banking house in Washington. Beyond this Mr. Kane would not discuss the situation. Bank Examiner Reeves and Receiver Lyons have been at work on the books, and will not be able to make a statement about conditions for several days. It has been found at the outset, however, that the accounts are in such shape that it is going to be hard to get them straightened out. The institution did not keep regular bank books, but instead, employed a card system. It develops that some of the cards are missing, and this adds to the difficulty of determining conditions. Parent Bank Closes. The parent bank at Butte, Mont., closed its doors yesterday after it had received information of the Comptroller's action in Washington. F. E. Garside, cashier and manager at Butte, made a statement saying that on account of the closing of the Washir ston branch. the institution had been closed, at least pending further information. "Should it be necessary to appoint a receiver." he added, "there are assets which should largely protect the depositors." The Butte bank, with $100,000 capital, advertises deposits of $695,000, surplus of $29,500. and loans and discounts of $581,800. The bank is said to have been profitable so long as Heinze conducted it. because its business was largely in scalping the time checks of employes of the Heinze mines. Depositors in Tears. There has been little excitement about the doors of the Washington branch of the bank today. Possibly a dozen depositors, mostly aged colored persons, have called, and with many tears and protestations have explained to the officials in charge their need for the small pittance they had placed in the institution. lured by the promise of absolute protection. for their savings, and 4 per cent interest, compounded quarterly. Bank Examiner Owen F. Reeves. jr., who has had wide experience in examining banking institutions under similar conditions, says the pleas have been most pathetic. coming as they do from the poorer classes.
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BUTTE BANK NOT OPENED. Butte, Oct. 20.-In accordance with the announcement of Cashier Garside last night, the Aetna bank of Butte did not open for business this morning. The suspension is in consequence of the failure of the Aetna Banking and Trust company of Washington, a branch of the 10. cal concern. There was no demonstration today and the bank management said It had no further statement to make at present.
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FAILURE OF BRANCH INVOLVES MAIN BANK Aetna Banking & Trust Company of Washington Closes; Butte Bank Affected. WASHINGTON, Oct. 19.-The Aetna Banking and Trust company (branch) of Washington, D. C., has been closed by direction of the acting Comptroller of the Treasury, and Robert Lyons has been appointed recelver. This company is a branch of the Aetna Banking and Trust company of Butte, Mont., incorporated under the laws of West Virginia. The assets and liabilities, according to the last statement are $123,943. Among the assets are $95,247 in "bonds. securities, claims. etc." The branch had $42,271 in savings and $38,808 in individual deposits, and was liable to the head office at Butte for $40,397. The management of the main bank at Butte Issued a statement this afternoon to the effect that the Butte branch will not open tomorrow morning The statement follows: "We were notified by wire today from our Washington office that the Comptroller of the Currency had ordered that bank closed and had appointed a receiver there. On account of this, and until we can ascertain the result of his investigation, through the advice of our attorney. it is deemed best not to open for business in the bank here. This is done to protect all concerned, and there can be no injustice or injury to any one by so doing. "I can give no further statement at this time, but would say that I shall do all in my power to bring about the best results. It will be necessary for a few days to elapse before we can get the exact situation. "Should it be necessary to appoint a receiver, there are assets which should !argely protect depositors. "F. E. GARSIDE, Cashier."
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BANK'S AFFAIRS TANGLED. Treasury Officials Unable to Ascertain Real Condition of Aetna. Little of interest developed yesterday in connection with the suspension of the Washington branch of the Aetna Banking and Trust Company. Deputy Comptroller Kane said the books, or rather the accounts, of the bank were in a tangled condition, so that the Treasury officials and the receiver were experiencing great difficulty in getting at the condition of affairs. He said there were no real book accounts, the entries being kept on cards and slips. Some of these seem to be missing, and the accountants are unable to trace some of the depositors' accounts. Yesterday the news was confirmed that the parent bank at Butte, Mont., had closed its doors. Few of the depositors appeared at the bank building yesterday, and these few were poor people, mostly colored men and women, who had deposited slender savings there, because of the high rate of interest offered.
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WARRANT NOT SERVED Cashier of Aetna Bank Refunds Money to His Late Depositors. BUTTE, Mont., Oct. 20 -A warrant for the arrest of F. E. Garside, cashier of the Aetna bank, which closed its doors yesterday under orders of the acting comptroller of the currency, was issued this afternood on the instance of a lady depositor who had deposited ten dollars in the defunct institution shortly before it closed. The warrant was not served. however, as the lady, with all others who had deposited money with the Aetna yesterday, were refunded their money. Cashier Garside showed to the officers that the depositors of yesterday had not been entered on the books of the bank, but were placed in envelopes and deposited in the vaults, as though they were aware of the straightened condition of the bank, and official orders closing the Butte institution had not yet been received from Washington. Rather than precipitate a run, and excite the people it was decided by Cashier Garside to accept deposits and lay them aside for the depositors, as was done. The closing of the bank hardly caused a ripple of excitement in the city, business conditions remaining as usual.
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TROUBLES OF BUTTE BANK Warrant Issued for Cashier Garside of the Aetna, Which Was Not Served. Butte, Mont., Oct. 20.-A warrant for the arrest of F. E. Garside, cashier of the Aetna bank, which closed its doors yesterday under orders of the acting comptroller of the currency, was issued this afternoon on the instance of a lady depositor, who had deposited $10 in the defunct institution shortly before it closed. The warrant was not served, however, as the lady. with all others who had deposited money with the Aetna yesterday, were refunded their money. Cashier Garside showed to the officers that the deposits of yesterday had not been entered on the books of the bank, but were placed in envelopes and deposited in the vaults, as though they were aware of the straightened condition of the bank, and official orders closing the Butte institution had not yet been received from Washington. Rather than precipitate a run, and excite the people it was decided by Cashier Garside to accept deposits and lay them aside for the depositors, as was done. The closing of the Aetna hardly caused a ripple of excitement in the city, business conditions remaining as usual.
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NORTHWEST NOTES Silver Peak railroad was com the 16th, and the pleted The on hauled first into train. the load of lumber was new town of Blair. Nevada, at Silver Peak. Many men known in the mining industry throughout the world gathered in Denver to attend the convention of the American Mining congress, held last week. It is believed that the brutal murder of Secretary Reno Hutchinson. of the Spokane Y. M. C. A., was the crime of a footpad, not the work of a personal enemy. as was suspected at first. William M. Alderson, for many editor of the Bozeman Courier, is at Bozeman, Mont., of the after a lon3 years dead stomach. illness, of tumor aged 75. He was a native of Yorkshire, in England, and came to Montana 1886. Announcement comes from Wyoming that the Burlington is preparing to begin construction work on the extension of the Frannie-Worland line in Big Horn county on south through Thermopleis, Shoshone, and to Denver. Horace E. Voss, who was doorkeeper of the fifth Utah legislature and the most prominent colored man in the state, was shot and instantly killed by A. T. Day, another negro. Voss had reproved Day for assaulting a smaller man. The Oregon & Washington, Harriman's subsidiary corporation building to Seattle, brought condemnation proto acquire a right of way thirteen blocks of through ceedings land avenues, lying between Fourth and Sixth Seattle. Harriman wants the property for a right of way to passenger terminals. The Aetna Banking & Trust comof Washington, D. closed by direction pany has been (branch) currency. of the acting comptroller of the Robert Lyons has been appointed This company is a and receiver branch comof the Aetna/Banking & Trust pany of ButterMont., which closed the following day. Two trains collided near Monroe, Wash., killing Freight Engineer J. E. Fireman A. W. Pat Sheridan, and telle Hudson, and Freight Lawrence injuring ResPassenger Engineer George and Conductor Wetzell. It is alleged the wreck was caused by the Several freight not leaving Monroe on time. freight cars were demolished. Five masked men drove a wagon shaft of the Hayes the Mohawk mine. at lease to No. on 1 & Monett Goldat 3 o'clock Saturday morning, engineer and covered field, the five top sacks men with guns and loaded up of ore valued at $12,500. The rob so was a most daring one, and unexpected bery that it was successful. e The register and receiver of the United States land office at Helena, Montana. has received a telegram froth acting commissioner of the United States general land office. George Pollock. ordering withdrawal from entry of large areas of coal land Montana, in pursuance of the re(dent cently in announced policy of the presA warrant for the arrest of F. E. Garside, cashier of the Aetna bank, Friof Butte, which closed its doors day under orders of the acting comp troller of the currency, was issued who on the instance of a lady depositor. in had deposited $10 in the defunct stitution shortly before It closed. The warrast was not served, however, de as the lady with all others who had on d posited money with the Aetna Thursday. were refunded their money Union Pacific railway is plan construction of a Platteville Colo., and 1 :ween aing The the cutoff Laramie, heavy be Wyo., which will eliminate all 0 grades between Denver and Laramie ₫ and shorten the distance to Salt Lake City. ₫ Goldfield, Nevada, is doing by all odds the biggest telegraphic business The of America, considering its size. average daily number of messages ₫ sent out is crowding the 3,000 mark, and during the last few days has run close to 6,000. The closing hours of the Hayes & Monette lease on the Mohawk mine at t Goldfield, Nevada, will be signalized by the shipment of the richest carload It of ore ever shipped from a mine. of will contain in the neighborhood thirty tons, valued at $1,000,000. Smith, of Elko, Nev. was is and killed by a miles George down 203 Southern Pacific run train at Rosid, about t of Ogden. The trainmen assert front g west the man walked directly in of that the train. Smith's body train was which taken the board
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AETNA BANK CASHIER GONE. Examiner Can Find No Officials of Butte Concern. Butte, Mont., Oct. 25. - The grand jury to-day returned an indictment against F. E. Garside, late cashier of the defunct Aetna Banking and Trust Company, but it was found that he had disappeared. He left his hotel one evening and has not been seen around the town since. Though the sheriff and his deputies have been searching for him, Garside's stenographer said she knew that the cashier was still in the city, but the officers do not believe it. It has been discovered that Garside paid out a lot of money after the bank suspended, but Examiner Wilson has recovered most of it. Four hundred dollars was sent to Boston to pay salaries of several men there who appear to be on the pay roll of the bank. but Mrs. Foster. Garside's stenographer, sent an equal sum to the examiner when the latter took proceedings to obtain the money. So far authorities have been unable to find who owned the bank, or who was president and director of it. It appears that after the bank was found to be on the verge of collapse, the officials drew out and their interests passed to unknown persons. A number of suits have been begun against the bank by depositors. The Butte Smeltermen's Union is suing for $10,000.
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NORTHWEST NOTES The Silver Peak railroad was completed on the 16th, and the first train load of lumber was hauled into the new town of Blair, Nevada, at Silver Peak. Many men known in the mining Industry throughout the world gathered in Denver to attend the convention of the American Mining congress, held last week. It is believed that the brutal murder of Secretary Reno Hutchinson. of the Spokane was the crime of a footpad, not the work of a personal enemy, as was suspected at first. William M. Alderson, for many years editor of the Bozeman Courier, is dead at Bozeman, Mont., of tumor of the stomach, after a long illness, aged 75. He was a native of Yorkshire, England, and came to Montana in 1886. Announcement comes from Wyoming that the Burlington is preparing to begin construction work on the extension of the Frannie-Worland line in Big Horn county on south through ] Thermoplois, Shoshone, and to Denver. Horace E. Voss, who was doorkeeper of the fifth Utah legislature and the-most prominent colored man in the state, was shot and instantly killed by A. T. Day, another negro. Voss had reproved Day for assaulting a smaller man. Y The Oregon & Washington, Harriman's subsidiary corporation building 0 to Seattle, brought condemnation proceedings to acquire a right of way through thirteen blocks of land lying between Fourth and Sixth avenues, Seattle. Harriman wants the property for a right of way to passenger terminals. : The Aetna Banking & Trust company (branch) of Washington, D. C., #: has been closed by direction of the acting comptroller of the currency and Robert Lyons has been appointed receiver. This company is a branch of the Aetna Banking & Trust company of Butte, Mont., which closed the following day. Two trains collided near Monroe, Wash., killing Freight Engineer J. E. Hudson, Freight Fireman A. W. Restelle and Pat Sheridan, and injuring Passenger Engineer George Lawrence and Conductor Wetzell. It is alleged the wreck was caused by the freight not leaving Monroe on time. Several freight cars were demolished. Five masked men drove a wagon up to No. 1 shaft of the Hayes & Monett lease on the Mohawk mine, at Gold field, at 3 o'clock Saturday morning, covered the engineer and top men with guns and loaded up five sacks of ore valued at $12.500. The robbery was . most daring one, and so ,unexpected that it was successful. The register and receiver of the United States land office at Helena, Montana, has received a telegram from acting commissioner of the United States general land office, George Pollock, ordering withdrawal from entry of large areas of coal land in Montana, in pursuance of the recently announced policy of the presIdent. A warrant for the arrest of F. E Garside, cashier of the Aetna bank of Butte, which closed its doors Friday under orders of the acting comptroller of the currency, was issued on the instance of a lady depositor, who had deposited $10 in the defunct in stitution shortly before it closed. The warrant was not served, however, as the lady, with all others who had de posited money with the Aetna on Thursday, were refunded their money ''he Union Pacific railway is planning the construction of a cutoff be tween Platteville Colo., and Laramie, Wyo., which will eliminate all heavy grades between Denver and Laramie and shorten the distance to Salt Lake City. Goldfield, Nevada, is doing by all odds the biggest telegraphic business of America, considering its size. The average daily number of messages seut out is crowding the 3,000 mark, and during the last few days has run close to 6,000. The closing hours of the Hayes & Monette lease on the Mohawk mine at Goldfield, Nevada, will be signalized by the shipment of the richest carload of ore ever shipped from a mine. It will contain in the neighborhood of thirty tons, valued at $1,000,000. George Smith, of Elko, Nev., was run down-and killed by a Southern Pacific train at Rosid, about 203 miles west of Ogden: The trainmen assert that the man walked directly in front of the train. Smith's body was taken to Elko on board the train which killed him. In the finals of the most important stakes of the national coursing meet t at Hot Springs, S. D., the Waterloo cup was won by Mr. Blue, owned by o Tonkin and Saunders of Butte. Movt., the Waterloo plate was won by Lord t Blake, the property of L. F: Bartles of Denver.
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NORTHWEST NOTES The Silver Peak railroad was train- completed on the 16th, and the first the load of lumber was hauled into Silver new town of Blair. Nevada, at Peak. Many men known in the mining industry throughout the world gathered of Denver to attend the convention the in American Mining congress, held last week. It is belieyed that the brutal murder of Secretary Reno Hutchinson. crime of the Spokane, Y. M. C. A., was the of a footpad, not the work of a per- at sonal enemy. as was suspected first. William M. Alderson, for many editor of the Bozeman Courier, of years is dead at Bozeman, Mont., of tumor the stomach. after a long illness, aged 75. He was a native of Yorkshire, in England, and came to Montana 1886. Announcement comes from Wyoming that the Burlington is preparing the to begin construction work on extension of the Frannie-Worland line in Big Horn county on south through ver. Thermoplois, Shoshone, and to DenHorace E. Voss, who was doorkeeper of the fifth Utah legislature and the most prominent colored man in the state, was shot and instantly killed by A. T. Day, another negro. Vess had reproved Day for assaulting a smaller man. The Oregon & Washington, Harriman's subsidiary corporation building to Seattle, brought condemnation proceedings to acquire a right of way through thirteen blocks of land lying Fourth and Sixth Harriman wants the Seattle. between avenues, property for a right of way to passenger terminals. The Aetna Banking & Trust company (branch) of Washington, D. C., has been closed by direction of the acting comptroller of the currency, and Robert Lyons has been appointed receiver. This company is a branch of the Aetna Banking & Trust com pany of Butte, Mont., which closed the following day. Two trains collided near Monroe, Wash., killing Freight Engineer J. E. Hudson, Freight Fireman A. W. Res. telle and Pat Sheridan, and injuring Passenger Engineer George Lawrence and Conductor Wetzell. It is alleged the wreck was caused by the freight not leaving Monroe on time. Several freight cars were demolished. Five masked men drove a wagon up to No. 1 shaft of the Hayes & Monett lease on the Mohawk mine, at Goldfield, at 3 o'clock Saturday morning, covered the engineer and top men and loaded up valued at $12,500. of with ore guns five The sacks robbery was a most daring one, and so unexpected that it was successful. The register and receiver of the States land office at United telegram Helena, Montana. has received a from acting commissioner of the United States general land office. George Pollock. ordering withdrawal of large areas of from Montana, entry coal the land in in pursuance of reident. cently announced policy of the presA warrant for the arrest of F. E. cashier of the Aetna bank. which closed its Garside, of Butte, doors Friunder orders of the acting compof the currency, was on troller day depositor, issued who the instance of a lady $10 in the before it had stitution deposited shortly closed. defunct The inwas not served, however, de as with all others OD money with the the posited warrant lady, who Aetna had Thursday, were refunded their money. Pacific railway The Union cutoff is plan- bening the construction of a tween Platteville Colo., and Laramie, Wyo., which will eliminate all heavy grades between Denver and Laramie and shorten the distance to Salt Lake City. Goldfield, Nevada, is doing by all odds the biggest telegraphic business of America, considering its size. The average daily number of messages sent out is crowding the 3,000 mark, and during the last few days has run close to 6,000. The closing hours of the Hayes & Monette lease on the Mohawk mine at Nevada, will be signalized of the carload It by Goldfield, the shipment richest mine. of ore ever shipped from a will contain in the neighborhood of thirty tons, valued at $1,000,000. George Smith, of Elko, Nev., was and killed by a Southern at Rosid, about Pacific run down train trainmen 203 assert miles west of Ogden. The that the man walked directly in front
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BUTTE BANK IN POOR SHAPE WASHINGTON, D. C., Nov. 17.Reports to the comptroller show that depositors and creditors of the Aetna Banking & Trust Co., of this city and Butte will receive about 32 cents at the Butte office. Out of over $400,000 assets, over 200,000 is declared worthless by the receiver. Nearly 150,000 is doubtful. The total liability is placed at $479,000.
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# AETNA BANK DEPOSITORS # WILL GET IO PER CENT Mistake in Report of Receiver Reduces Amount From 32 Per Cent Expected. Depositors of the defunct Aetna Bank- ing and Trust Company will not receive more than 10 per cent or 12 per cent dividends, although it was announced last week by the Comptroller of the Currency that the prospective dividends had been estimated at 32 per cent. The conclusion of the Comptroller was arrived at because of a clerical error made by the receiver of the Butte bank in transcribing his report to the Comptroller, the estimated losses on doubtful assets being given instead of the estimated value, as required in the report.
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HEINZE DONATES $100,000. His Personal Check to Help Pay Depositors of Failed Bank. Butte, Mont., Nov. 30.-Receiver Wilson of the wrecked Aetna bank of Butte, to-day announced that he had received a check from Augustus Heinze for $100,000. Mr. Heinze formerly was president of the bank, but withdrew in 1903. Belleving, however, that many depositors had not known of his withdrawal, although it was widely advertised at the time, and that through confidence in his reputation many of his friends may have lost their money, Mr. Heinze says in his letter to Mr. Wilson, he contributes $100,000 towards the banks assets, and forwards, his check for that amount. The contribution should increase the bank's assets thirty per cent.
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HEINZE'S DONATION MAY REACH HERE Butte Bank's Local Creditor May Get Portion of Plum. is The Washington creditors of the Aetna Banking and Trust Company may or may not profit by the donation of $100,000 made in Butte yesterday by F. Augustus Heinze. Dispatches from there state that Heinze, convinced that many people gave their confidence to the bank because they believed him connected with it, had sent a check for $100,000 to the receiver for the benefit of depositors. In fact, Heinze was not connected with the bank and had not been for, three years. He was in no way liable. It was pure donation "We can't tell anything about it till we hear from the receiver at Butte," said Assistant Comptroller Kane this morning. "No, we do not know whether Heinze intended it for pro rata distribution among all creditors of the bank, or merely for those in Butte." "But could the make such a gift, through the comptroller, without subjeeting it to the claims of all creditors, whether in Butte or in Washington? Mr. Kane was asked. "That would depend on its terms Doubtless the money will be distributed on the terms on which it was given and accepted." Which means that if Heinze has given his $100,000 for the benefit of his unfortunate neighbors and friends in Butte, they will get all of it and the Washington depositors will get none. If given to all the depositors, pro rata, It would produce something less than 30 cents on the dollar of claims.
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HEINZE SENDS HIS $100,000 Swells Assets of Wrecked Bank of Which He Was the Former President By Associated Press. BUTTE, Mont., Nov. 30.-Receiver Wilson of the wrecked Aetna bank of Butte announced that he had received a check from F. Augustus Heinze for $100,000. Mr. Heinze was formerly president of the bank, but withdrew in 1903. Belleving, however, that many depositors had not known of his withdrawal, although it was widely advertised at the time, and that through confidence in his reputation many of his friends may have lost their money, Mr. Heinze says in his letter to Mr. Wilson that he contributes $100,000 toward the bank's assets and forwards his check for that amount. The contribution should increase the bank's assets 30 per cent.
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PRESENTED $100,000 CHECK. --Augustus Heinz Helps Creditors of Defunct Butte Bank. Butte, Mont., Dec. 1.-Receiver Wilson of the wrecked Aetna Bank of Butte announces that he has received a check from Augustus Heinze for $100,000. Mr. Heinze formerly was president of the bank but withdrew in 1903. Believing, however, that many depositors had not known of his withdrawal, although it was widely advertised at the time, and that through confidence in his reputation many of his friends may have lost their money, Mr. Heinze says in his letter to Mr. Wilson he contributes $100,000 towards the bank's assets and forwards his check for that amount. The contribution should increase the bank's assets 30 per cent.
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Heinze's Gift. Butte, Mont.. Dec. 1.-Receiver Wilson of the wrecked Aetna bank of Butte announced that he had received a check from Augustus Heinze for $100,000. Mr. Heinze formerly was president of the bank, but withdrew in 1903. Believing, however, that many depositors had not known of his withdrawal, although it was widely advertised at the time. and through confidence in his reputation many of his friends may have lost their money, Mr. Heinze says in his letter to Mr. Wilson he contributes $100,000 toward the bank's assets and forwards check for that amount. The contribution should increase the bank's assets 30 per cent.
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HEINZE HELPS WRECKED BANK Sends Check for $100,000 to Reimburse Depositors Butte, Mont.-Receiver Wilson of the Aetna bank of Butte announced that he had receive a check for $100,000 from Augustus Heinze, formerly president of the bank. Heinze believed that many depositors had not known of his withdrawal, so he made the contribution. It should increase the bank's assets 30 per cent. (Plat)
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NORTHWEST After being closed for coinage poses for more than twelve years, United States mint at Carson Nevada, may be reopened within next few months. Negotiations between the unions of Butte and the Rocky tain Bell Telephone company are parently off, the situation indicating struggle to a finish. The break in the transmission wire of the Nevada Power company, whic threw Goldfield into darkness, which was charged to the strikin miners, it now develops was by a snowslide. General Funston has ordered a eral courtmartial to convene at field. This order would indicate, army men, that the troops now on at that place would be held there some time to come. Judge Bourquin of the state distric court at Butte instructed the jury acquit A. B. Clements, cashier of failed Aetna bank, on a felony charg growing out of the alleged receipt deposits when he knew the bank insolvent. A dispatch from Denver says tha James R. Barber and Summer Moon. the millionaire lumbermen Eau Claire, Wis., indicted with ator Borah for alleged conspiracy land frauds, may be taken to for trial. Colonel William Crooks, assistan to the general manager of the man lines in the Pacific northwes died in Portland on the 17th of plications growing out of a cold tracted about six weeks ago. He 76 years old. The supreme court of Montana granted a writ of habeas corpus the case of G. S. E. Wisner, an conda bank employee, who had convicted on the charge of receivin deposits when he knew his principa to be insolvent. The Smelter City bank of Durange Colo., a state institution, capital 000, has closed its doors. Lack of fidence, due, it is said, to the indic ments of prominent citizens on charges of land frauds under the eral laws, led to the suspension. O. C. Dallas, chief clerk, and J. McLeod, at the head of the survey partment in the office of United State surveyor general in Helena, have arrested. The indictment alleges fo gery and conspiracy to defraud government of the United States. The state board of pardons of tana has approved the action of ernor Tooele in granting a pardon Elizabeth Morrison, a Butte woman who, upon conviction on a slaughter charge for the killing Richard Finnegan, had been tenced to the penitentiary for thre years. The Hamilton Powder company works blew up Sunday morning at parture Bay, B. C. The loss is $40,00 No one was killed or injured. In couver, thirty-five miles away, house were shaken SO badly that it was lieved an earthquake had occurred many persons rushed to the street
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SOUGHT BY THE SHERIFF Banker Who Caused Depositors to Lose $400,000. Butte, Mont., July 29.-A. B. Clements, former cashier of the defunct Aetna bank, a Heinz institution, is being sought by the sheriff. Mr. Clements is now out on a bond aggregating $12,500 and his sureties today withdrew and instructed Sheriff Henderson to arrest Clements as soon as possible. Besides the two felony charges on which he is out on bonds, a new suit has been filed against him by Receiver Robert Lyons, in which it is sought to hold him responsible for about $400,000, the amount the depositors are said to have been defrauded by the wrecking of the bank.