19453. Pottsville Bank (Pottsville, PA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
January 7, 1878
Location
Pottsville, Pennsylvania (40.686, -76.195)

Metadata

Model
gpt-5-mini
Short Digest
2074bbe0

Response Measures

None

Description

Multiple contemporary reports (Jan 7–16, 1878) state the Pottsville Bank closed its doors by board resolution and is believed to have suspended for the purpose of going into liquidation. No run is described in the articles — only a suspension with intent to liquidate.

Events (1)

1. January 7, 1878 Suspension
Cause
Voluntary Liquidation
Cause Details
Board of directors resolved to close doors; believed suspended for purpose of going into liquidation (stockholders meeting convened).
Newspaper Excerpt
By the unanimous decision of the Board of Directors this bank will not be open for the receipt or payment of deposits unless otherwise directed by the stockholders. A meeting of the stockholders is now in session.
Source
newspapers

Newspaper Articles (10)

Article from Alexandria Gazette, January 7, 1878

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Bank Suspension. POTTSVILLE, PA, Jao. 7.-The following notice was posted 00 the doors of the Pottsville Bank ttis morning :-"By the uoanimous decision of the Board of Directors this bank will not be open for receipt or payment of deposits unless otherwise directed by the stockholders. A meeting of the stockholders is now in session. But little is known ofthe bank's actual condition. but information from reliable sources places the amount of deposits at less than $15,000. I: is believed the bank has suspended for the purpose of going into liquidation.


Article from The Daily Gazette, January 8, 1878

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GENERAL NEWS. Ice cutting began at Mauch Chunk yesterday. The Legislature of Ohio met yester day and both Houses organized by electing Democratic officers. The New Orleans Chamber of Commerce yesterday passed resolutions protesting against the passage of the Bland Silver bill. Rev. R. W. Leroy B. Gaston, a prom inent Presbyterian minister of Memphis, fell dead in the street at Little Rock, Ark:, yesterday. Hickox & Spear, the suspended bankers of San Francisco, made an assignment yesterday. Liabilities, $355,400, assets, $358,180. The case of ex-Governor Bullock, of Georgia, on trial at Atlanta will probably be submitted to the jury to-day. An acquittal is expected. Sadie Sharp and Ella Hazeltine, aged respectively 11 and 15 years, drowned by break in through the ice on a pond near Hyannis, Mass., on Sunday. Dennis Donnelly, a notorious Molly Maguire, convicted of the murder of William Sanger, in September, 1875, was sentenced at Pottsville yesterday to be hanged. The New York Board of Aldermen organized yesterday by electing Ex. Congressman Robeits their Presiden The debt of the City of New York it reported at $117,741,050. The Mayor andCouncilment of Memphis were before the U. S. District Court in that city yesterday on the charge of contempt in not levying a tax ordered by the Court. The Pottsville Bank, at Pottsville, closed its doors yesterday and will probably go into liquidation. It is a small concern, the deposits being reported at less than $15,000. Kellogg's block in Ripon, Wis. was burned on Sunday. Loss, $30.000. A fire in Nashua, N. H., on Sunday night, damaged Berry's block and adjoining buildings to the extent of $25,000. Two sons of Gilbert A. Horton, of Rehoboth, Mass., aged respectively 9 and 11 years, are missing, and supposed to be drowned in the reservoir, at that place. The water was being drawn from the reservoir yesterday.


Article from New-York Tribune, January 8, 1878

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THE LATEST FAILURES. THE POTTSVILLE BANK SUSPENDED. POTTSVILLE, Penn., Jan. 7.-The following notice was posted on the doors of the Pottsville Bank this morning: By the unanimous decision of the Board of Directors. this bank will not be open for the receipt or payment of deposits, unless otherwise directed by the stockholders A meeting of the stockholders is now in session. Little is known of the bank's actual condition, though information from trustworthy sources places the amount of deposits at less than $15,000. It is believed the bank was suspended for the purpose of going into liquidation. THE DECATUR BANK FAILURE. Chicago, III., Jan. 7.-Little information can be obtained regarding the failure of Peddecord & Burrows, bankers, of Decatur, III., as they give no statement of their assets and liabilities. In a card to their creditors they state that general financial depression has caused their suspension, and that they hope and believe they will be able to pay their creditors in full. They have from $350,000 to $400,000 invested in the largest furniture manufactory in Decature; $200,000 in extensive woolen mills, and a considerable amount in udproductive real estate. DECATUR, III., Jan. 7.-Peddicord & Burrows's bank statement shows the liabilities to be $90,000; assets nearly $300,000. Its suspension caused some excitement to-day, but it 18 believed they will shortly resume. A BANKRUPT CHARGED WITH FORGERY. MERIDEN, Conn., Jan. 7.-A. L. Debesdernier, of the firm of John Island & Co., whose failure was reported a few days since, has been bound over under a $1,000 bond, on the charge of swindling, in buying and concealing goods. The firm has been thrown into involuntary bankruptcy by its Hartford creditors. Island's whereabouts are unknown. ASSIGNMENT BY HICKOX AND SPEAR. SAN FRANCISCO, Jan. 7.--Messrs. Hickox & Spear, suspended bankers, to-day made an assignment to their creditors. Assets, $358,180; liabilities, $355,400.


Article from The New York Herald, January 8, 1878

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FINANCIAL WRECKS. SUSPENSION OF THE POTTSVILLE BANK. POTTSVILLE, Pa., Jan. 7, 1878. The following notice was posted on the doors of the Pottsville Bank this morning:"By the unanimous decision of the Board of Directors this bank will not be open for the receipt or payment of deposits unless otherwise directed by the stockholders." A meeting of the stockholders is now in session. But little is known of the bank's actual condition, though information from rehable sources places the amount of deposits at less than $15,000. It is believed that the bank has suspended for the purpose of going into liquidation.


Article from The Milan Exchange, January 10, 1878

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Lizzie Davis, in a fit of insane jealousy killed that lady and then took his own life. The murder was committed at the residence of the young lady, where Haddock had gone fully prepared for the deed, He first attacked her with A butcher-knife, butnot being immediately successful in killing her on account of her desperate struggles, he fired threes at her, one of which proved fatal. The maniae lover, after satisfying himself that his victim was dead, proceeded to his own home, where the fourth shot from his revolver terminated his own life. The murderer left behind no words of explanaition, thepaper collar which he wore he had written in a bold, legible hand these words: " Forgive me, mother. The Grand Jury at Hartford, Conn., have found true bills against several former offieèrs of the Charter Oak Life Insurance Company, among them being James C. Walkely and E. C. Wiggins, former Presidents, Samuel N. White, former Secretary, and Henry J. Faiber, former Financial Manager. The indictments against them are for conspiracy to defraud policy holders of the company. The Rollinsford Saving Bank, at Salmon Falls, N. H., has suspended, with $750,000 of deposits. The assets are said to be amply sufficient to pay all claims, If time can be had to realize their value. Virginia experienced an earthquake shock on the 2d. G. P. Kirkland, Deputy Collector of Internal Revenue at Spartansburg, S. C., makes an official report that a posse of United States officers in Union County were recently resisted by a company of 200 armed men, some of them uniformed, and compelled to release two prisoners who were under arrest charged with violating the revenue laws. Jasper Gibbs, a Trial Justice, and B. A. Gregory, his Constable, are said to have been the principal parties engaged in the affair. The authorities at Washington say that the malefactors shall be brought to justice. The Massachusetts Legislature convened on the 3d. The Pottsville (Pa.) Bank suspended on the 7th. This is the fifth banking-house that has suspended there within 18 months. Dispatches from various points in New England on the 7th report intense cold weather, ranging from 24 degrees below zer ro at Nashua, N. H., to 42 degrees below at Fort Fairfield, Me. Richmond (Va.) reports, same day, say that the James River was frozen over, and in some parts of the State the thermometer was below zero.


Article from Juniata Sentinel and Republican, January 16, 1878

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BANKS. The great Barrington Savings Bank Mass., has suspended payment pending an investigation by the State Bank Commissioners. The officers aro confident that the bank can meet all its liabilities. The deposits are $407,000 and the total liabilities $414,000. Hickox & Spear, suspended bankers of San Francisco on the 7th, made an assignment to their creditors. Assets, $358,180; liabilities, $355,400. The statement of Peddicord & Burrows' bank, Decatur, III, shows the habilities to be $90,000; assets, nearly $300,000. It is believed the institution will shortly resume. The following notice was posted on the doors of the Pottsville Bank on the morning of 9th ; "By the unanimous decision of the Board of Directors this bank will not be open for receipts or payment of depositors unless otherwise directed by the stockholders." But little is known of the bank's actual condition, but information from reliable sources places the amount of deposits at less than $15,000. It is believed the bank has suspended for the purpose of going into liquidation. The managers of the Pittsburg savings banks have decided that five per cent. will be the maximum paid on deposits for the ensuing year. A dividend of eight per cent. on the capial stock (out of last year's earnings) has been declared by the Farmers and Mecharies' Bank of Saltsburg. The bankers of Buffalo, N. Y., have unanimously resolved to co-operate with the banks of New York city in any action they may take to oppose the Bland Silver bill. The Thompsonville, Conn, Savings Bank is found to be unsound, and the Bank Commissioner has forbidden it to make further payments of principal or interest to depositors, until the amount due shall be scaled down according to the shrinking of assets.


Article from The Lamoille News, January 16, 1878

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Eastern and Middle Stat The Rolinsford Savings Bank of Falls, N. H., has decided to close up as far as possible, owing to the depr the times and the Woburn (Mass. Savings Bank has been enjoined from ing further deposits. Four former managers of the Chr Life Insurance Company of Hartford have been indicted on the charge of et in combining to defraud the policy The complaint alleges misappropriatio assets of the company and other mal in office on the part of the accused. B. M. Greider's malt house in Ha Pa., was totally destroved by fire. Lo 000: insurance, $55,300. In Frankl Bailey's block was burned, causing $30,000, on which there is a partial in Governor Rice was inangurated at Mass., and Governor Conner at Augu A disastrous wind and snow storm Cod caused many wrecks and & larg life. According to the State census of N for 1875, just published, the total pc is 4,698,958, of whom the native born 8,503,300 and the foreign 1,195,658. T comprises 517,377 from Ire'and: 367,3 Germany 119,090 from England and scattering. The whole number of the State is 1,141,462, of whom 747 natives and 394,182 of foreign birth. The New York Aldermanic commi vestigating the ring frauds, have me port, in which they state that the t taken disclosed frauds upon the cit) enormous amount of $30,000,000, of wl only $876,000 has been recovered. TI states that all parties and organizati represented in these enormous frau the committee are of the opinion that aid of the testimony taken the city over $2,000,000 in suits now pending t. By a vote of thirteen to seven York board of aldermen passed reso recommend to the attorney-general poration counsel the release of Wi Tweed from imprisonment after sec the city such property as is still in hi sion and after taking such means to testimony in the future as may be necessary. A great amount of damage was doi recent severe storm on the Atlant Eight schooners and other vessels wer ashore. The steamer Old Colony, of York and Fall River line, had an accid pen to her machinery and drifted help the mercy of a high sea for eleven he was eventually towed out of danger port by a wrecking company's steamer J. F. Taft & Co.'s earthen and st establishment at Keene, N. H., was by fire. Loss, $15,000 partially insu The Thompsonville (Conn.) Savin has been ordered to suspend business State bank commissioner until an exa into its affairs can be made. The Ellengowan coal breaker at Sher Pa., was destroyed by fire, and a loss about $100,000 and fire in mine at Hill, Pa., burned fiercely for a long did a large amount of damage. A fire that broke out in the building by Houghton & Co., publishers, Ca Mass., destroyed 70,000 sheets of a Webster's dictionary, a large portio February number of the- Atlantic Mon an immense quantity of sheets of oth entailing loss of about $10,000. The Pottsville Bank of Pottsville, P its doors to depositors upon a resoluti board of directors. Resolutions in favor of remonetizi and repealing the resumption act b introduced in the Pennsylavnia Leg g Sarah Sharp and Etta Hazeltine, ag and fifteen, broke through the ice near Hyannis, Mass., and were drown t The annual auction of pews in Church, Brooklyn, brought lower pri in former years, $550 being the hig paid for a pew. The New Jersey Legislature organ elected George C. Ludlow presider a Senate and John Eagan speaker of tl d Governer Bedle's message was receiv Hon. William M. Evarts was elect e dent of the New York-Bar Association Governor Samuel J. Tilden one of presidents on the same ticket. Mrs. Mariam Berry, of New Durha d a widow of sixty four years, was she IS the presence of her family by John ham, her hired man, with whom Bbeen some dispu e in regard to the pt IS wages. Pinkham was found half e from the scene of the tragedy with cut. e Theodore R. Wetmore, late vice-pr e, the defunct Security Life Insurance of New York, found guilty of ma statements in regard to the compa er dition, was sentenced to one year's e ment at hard labor in the peniten a fine of $250. Mr. Case, the late pr d the company, was recently sentence p prisonment for the same offense. 18 Edward J. Dunning, a Wall stree has failed for nearly $600,000, seve y being among his creditors. The Republican State convention n Hampshire was held in Concord, nated B. F. Prescott. the present in W for governor and David S. Willard fo 1e commissioner. The platform ado d nounced any legislation, open or tending to repudiate the public debt 1resumption of specie payments, ec n public affairs approved of the efforts commerce, and opposed further land 4. regard to President Hayes and his e. platform says While we admit difference of opinion in respect to his ad we welcome and approve his pat r. sincere efforts to keep faith with t1 of and secure to the whole country the of a just, efficient and honest Repu 't tional administration. th Western and Southern S so Considerable excitement has been as the Black Hills by the discovery of of oil wells. 1e The death is announced of the Ho eMumford Pierson, chief justice of to Carolina three. supreme court, at the age of dThe drug manufactory of Murray ISChicago, was burned. Loss, $20,000 up William E. Smith, governor. and o an officers of Wisconsin, were inaugurate son. as Brown's block at Lagrange, Ind efstroyed by a fire. Loss, $30,000 we insured. At Ripon, Wis., Kellogg's burned, and a loss caused of $80,000 e; there is $25,000 insurance. A fly-wheel in the Globe rolling 11 cinati, Ohio broke, wounding three one seriously. The Ohio Legislature met and Young's message was read. on The anniversary of the batt'e of in leans was celebrated in that city b in military procession. stThe thirteenth annual conventio American Dairymen's Association wa nd Cleveland, Ohio, with a large atte a dairymen from the different Si ed Canada. The amount of cheese e Great Britain our chief customer ets was 110,000,000 pounds, worth $ all and 14,000,000 pounds of butter


Article from The Jasper Weekly Courier, January 18, 1878

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The National Female Suffrage Convention met in Washington, D.C., on the 7th. EAST AND SOUTHEAST. G. W. Gustin and W. H. Dessin, two young lawyers of Macon, Ga., fought a duel with pistols on the 27th. Both missed. George B. Bigelow,a prominent Boston lawyer, is charged with embezzling $40,000 belonging to a trust estate. He has given bail for $60,000. John Bonner & Co., a well known firm of New York brokers, failed on the 21st, with liabilities amounting to some $400,000; no assets. The suspension also brought down the Bankers' and Brokers' Association, with which they had large dealings. The Legislatures of New York and Pennsylvania convened on the 1st. Governor-elect Holliday of Virginia was inaugurated with public ceremonies on the 1st. The old Bull's Head Bank of New York City is to be wound up. Its capital is sald to be impaired to the extent of $50,000, but depositors will be paidi full. Marshall Jewell, President of the Charter Oak Life Insurance Company, informs polcy holders that unless they consent to the scaling down of their policies 40 per cent. the company must go into bankruptcy. T. S. Lambert, ex-President of the American Popular Life Insurance Company, of New York, convicted of swearing to false reports, has been sentenced to five years at hard labor in the State-prison. The Legislatures of Maine and Maryland convened on the 2d. At Ferndale, Northampton County, Pa., on New Year's night, John Haddock, an unsuccessful suitor for the hand of Miss Lizzie Davis, in a fit of Insãne jealousy killed that lady and then took his own life. The murder was committed at the residence of the young lady, where Haddock had gone fully prepared for the deed. He first attacked her with a butcher-knife, but not being immediately successful in killing her on account of her desperate struggles, he fired three shots at her, one of which proved fatal. The maniac lover, after satisfying himself that his victim was dead, proceeded to his own home, where the fourth shot from his revolver terminated his own life. The murderer left behind no words of explanation, but on the paper collar which he wore he had written in a bold, legible hand these words: " Forgive me, mother." The Grand Jury at Hartford, Conn., have found true bills against several former offieers of the Charter Oak Life Insurance Company, among them being James C. Walkely and E.C. Wiggins, former Presidents, Samuel N. White, former Secretary, and Henry J. Faiber, former Financial Manager. The indictments against them are for conspiracy to defraud policy holders of the company: The Rollinsford Saving Bank, at Salmon Falls, N. H., has suspended, with $750,600 of deposits. The assets are said to be amply sufficient to pay all claims, if time can be had to realize their value. Virginia experienced an earthquake shock on the 2d. G. P. Kirkland, Deputy Collector of Internal Revenue at Spartansburg, S. c., makes an official report that a posse of United States officers in Union County were recently resisted by a company of 200 armed men, some of them uniformed, and compelled to release two prisoners who were under arrest charged with violating the revenue laws. Jasper Gibbs, a Trial Justice, and B. A. Gregory, his Constable, are said to have been the principal parties engaged in the affair. The authorities at Washington say that the malefactors shall be brought to justice. The Massachusetts Legislature convened on the 3d. The Pottsville (Pa.) Bank suspended on the 7th. This is the fifth banking-house that has suspended there within 18 months. Dispatches from various points in New England on the 7th report intense cold weather, ranging from 24 degrees below zeΓo at Nashua, N. H., to 42 degrees below at Fort Fairfield, Me. Richmond (Va.) reports, same day, say that the James River was frozen over, and in some parts of the State the thermometer was below zero. In the Maryland House of Delegates, on the 8th, Hon. Montgomery Blair introduced a concurrent resolution, accompanied by a memorial to Congress, reciting certain alleged facts in regard to the late Presidential election, and asking that needful legislation may be adopted "to ascertain judicially who was elected President and to give effect to the will of the people." The resolution was referred to the Committee on Federal Relations. The Legislature of New Jersey met on the 8th. WEST AND SOUTHWEST. The Hot Springs Commission have completed their investigation of claims, 950 of


Article from San Marcos Free Press, January 19, 1878

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ette, Ind., has gone into liquidation, but promises to pay alldepositors in full. The old Bull's Head Bank of New York City is to be wound up. Its capital is said to be impaired to the extent of $50,000, but depositors will be paid in full. Henry Underwood, said to be one of the Union Pacific train robbers, known as Thomas Nixon, was recently arrested at his home, 72 miles west of Sherman, Texas, and lodged in jail at Omaha. There appears to be some question as to his identity. Marshall Jewell, President of the Charter Oak Life Insurance Company, informs policy holders that unless they consent to the scaling down of their policies 40 per cent. the company must go into bankruptcy. The banking-house of Jacob Bunn, Springfield, III., suspended on the 2d. Liabilities about $900,000, and assets sufficient to pay all debts, it is said, if time is allowed and property not sacrificed. The large amount of unproductive real estate held by the house is said to be largely the cause of their failure. A frightened team backed a wagon, containing Mrs. Morris Goodloe and four children, off the bridge over Obion River, Tenn., on the 2d, resulting (in the drowning of the four children. The State Savings Bank of Indianap olis has petitioned and obtained authority from the Auditor of State to surrender its charter and go into liquidation. The assets are sufficient to cover all liabilities. Twenfive per cent. will be paid to depositors at once, and the balance within six months. The Rollinsford Savings Bank, at Salmon Falls, N. H., has suspended, with $750,000 of deposits. The assets are said to be amply sufficient to pay all claims, if time can be had to realize their value. The banking-house of I. N. Thomas, at Des Moines, Iowa, closed on the 3d. Depositors are promised to be paid in full. Virginia experienced an earthquake shock on the 2d. There was a fraternal gathering of Mexicans and Americans at a ball given by the Mexican officers at Matamoras, Mexico, on New Year's night. A large number of officers of both armies were present, and the most cordial feeling was exhibited. Steam-boiler explosions in the United States during 1877 caused directly the death of 131 persons and the maiming of 123 others. At Montpelier, Blackford County, Ind., on the 4th, J. J. McGrew, a merchant, shot and killed Kitter Kreutzner, a farmer. The latter was known as a dangerous character, and the shooting was the result of a threatened attack upon McGrew by Kreutzner. At Wheeling, West Va., on the 3d, Henry Daub, a well known citizen, once wealthy, shot himself on his first wife's grave, after a quarrel with his second wife, in which it is said she turned him out of the house. A number of Fenian prisoners who were sentenced to life-long penal servitude in 1866 have been released on ticket-ofleave. Among these are Color Sergeant McCarthy, Corporal Chambers and Private O'Brien. The Panama Star and Heraid has further particulars regarding the loss of the steamer Ataeama, from Valparaiso to Callao, which went to pieces on a rock near the Chilian coast on the night of Nov. 30. Out of 124 persons on board, only 30 were saved. The old established banking-house of Peddicord and Burrows, Decatur, Ill., suspended on the 5th. The Pottsville (Pa.) Bank suspended on the 7th. This is the fifth banking-house that has suspended there within 18 months. The New Orleans Clearing-house Association have passed a resolution protesting against the passage of the Bland Silver bill.


Article from The Forest Republican, January 30, 1878

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MMARY OF NEWS. Eastern and Middle States. According to the State census of New York for 1875, just published, the total population is 4,698.958, of whom the native born number 3,503,300 and the foreign 1,195,658. The latter comprises 517,377 from Ire'and: 367,851 from Germany 119,090 from England and the rest scattering. The whole number of voters in the State is 1,141, 462, of whom 747,280 are natives and 394,182 of foreign birth. The New York Aldermanic committee, investigating the ring frauds, have made a report, in which they state that the testimony taken disclosed frauds upon the city to the enormous amount of $30,000,000, of which sum only $876,000 has been recovered. The report states that all parties and organizations were represented in these enormous frauds and the committee are of the opinion that with the aid of the testimony taken the city can save over $2,000,000 in suits now pending against it. By a vote of thirteen to seven the New York board of aldermen passed a resolution to recommend to the attorney-general and corporation counsel the release of William M. Tweed from imprisonment after securing for the city such property as is still in his possession and after taking such means to secure his testimony in the future as may be deemed necessary. A great amount of damage was done by the recent severe storm on the Atlantic coast. Eight schooners and other vessels were driven ashore. The steamer Old Colony, of the New York and Fall River line, had an accident happen to her machinery and drifted helplessly at the mercy of a high sea for eleven hours. but was eventually towed out of danger into Newport by a wrecking company's steamer. J. F. Taft & Co.'s earthen and stoneware establishment at Keene, N. H., was destroyed by fire. Loss, $15,000 partially insured. The Thompsonville (Conn.) Savings Bank has been ordered to suspend business by the State bank commissioner until an examination into its affairs can be made. The Ellengowan coal breaker at Shenandoah, Pa., was destroyed by fire, and a loss caused of about $100,000 and a fire in a mine at Summit Hill. Pa., burned fiercely for a long time and did a large amount of damage. A fire that broke out in the building occupied by Houghton & Co., publishers, Cambridge, Mass., destroyed 70,000 sheets of a portion of Webster's dictionary, a large portion of the February number of the Atlantic Monthly, and an immense quantity of sheets of other works, entailing a loss of about $10,000. The Pottsville Bank of Pottsville, Pa., closed its doors to depositors upon a resolution of the board of directors. Resolutions in favor of remonetizing silver and repealing the resumption act have been introduced in the Pennsylavnia Legislature. Sarah Sharp and Etta Hazeltine, aged eleven and fifteen, broke through the ice on a pond near Hyannis, Mass., and were drowned. The annual auction of pews in Plymouth Church, Brooklyn, brought lower prices than in former years, $550 being the highest sum paid for pew. The New Jersey Legislature organized and elected George C. Ludlow president of the Senate and John Eagan speaker of the House. Governer Bedle's message was received. Hon. William M. Evarts was elected president of the New York Bar Association. and ExGovernor Samuel J. Tilden one of the vicepresidents on the same ticket. Mrs. Mariam Berry, of New Durham, N. H. a widow of sixty-four years, was shot dead in the presence of her family by John L. Pinkham, her hired man, with whom there had been some dispute in regard to the payment of wages. Pinkham was found half a mile away from the scene of the tragedy with his throat cut. Theodore R. Wetmore, late vice-president of the defunct Security Life Insurance Company of New York, found guilty of making false statements in regard to the company's condition, was sentenced to one year's imprisonment at hard labor in the penitentiary and a fine of $250. Mr. Case, the late president of the company, was recently sentenced to imprisonment for the same offense. Edward J. Dunning, a Wall street broker has failed for nearly $600,000, several banks being among his creditors. The Republican State convention of New Hampshire was held in Concord, and nominated B. F. Prescott. the pres nt incumbent, for governor and David S. Willard for railroad commissioner. The platform adopted denounced any legislation, open or disguised, tending to repudiate the public debt, favored resumption of specie payments, economy in public affairs. approved of the efforts to extend commerce, and opposed further land grants. In regard to President Hayes and his policy the platform says While we admit an honest difference of opinion in respect to his past acts, we welcome and approve his patriotic and sincere efforts to keep faith with the people, and secure to the whole country the blessings of a just, efficient and honest Republican national administration.' Pending an investigation by the Massachusetts bank commissioners the Great Barrington Savings Bank has suspended payment. The deposits amount to $407,000 and the total liabilities $414,000, In the New York Legislature a resolution was passed protesting against the passage by Congress of the Bland silver bill. At the annual inter-collegiate oratorical contest, held in New York, C. P. Mills, of Williams College, won the first prize. At the annual meeting of Plymouth Church a letter was read from Mr. Beecher, offering to give up one-quarter of his salary, and the offer was accepted. Francis B. Wynkoop, a retired New York varnish dealer, went into bankruptcy with 118bilities of $282,000. Engene A. Shepperdson, paying teller of the Rochester (N. Y.) savings bank, proved a defaulter to the extent of $9,000. He was ruined by fast horses and stock speculation. The stockholders of the Rockland county national bank, of Nyack, N. Y., voted that the institution should go into voluntary liquidation. Western and Southern States. Considerable excitement has been caused in the Black Hills by the discovery of a number of oil wells. The death is announced of the Hon. Richard Mumford Pierson, chief justice of the North Carolina supreme court, at the age of seventy. three. The drug manufactory of Murray & Nelson, Chicago, was burned. Loss, $20,000. William E. Smith, governor, and other State efficers of Wisconsin, were inaugurated at Madison. Brown's block at Lagrange, Ind., was destroyed by a fire. Loss, $30,000 partially insured. At Ripon, Wis., Kellogg's block was burned and a loss caused of $30,000, on which there is $25,000 insurance.