Metropolitan National Bank (Cincinnati, OH)

View Charter #2542 on SPMC View balance sheet

Episode Information

Episode UID
254201058
Episode Type
Run → Suspension → Closure
Bank Type
national
Bank ID
25420 national
Charter Number
2542
Start Date
February 4, 1888
Location
Cincinnati, Ohio (39.103, -84.515)

Metadata

Model
gemini-3-flash-preview (chosen from majority vote of a three-model LLM ensemble)
Short Digest
75e05ccbdf352b98

Response Measures

Accommodated withdrawals, Borrowed from banks or large institutions, Full suspension, Books examined

Other: The bank directors initially accepted the resignation of the Vice President and appointed a successor to restore confidence before the final suspension.

Clearinghouse involved: Yes (loan, examination, or other measures)

Receivership Details

Depositor recovery rate
100.0%
Date receivership started
1888-02-10
Date receivership terminated
1888-06-27
OCC cause of failure
Losses
Share of assets assessed as good
64.6%
Share of assets assessed as doubtful
30.5%
Share of assets assessed as worthless
4.9%

Description

The bank experienced a run and suspended on Feb 6, 1888; although a reorganization was attempted in May 1888, it did not result in a standard reopening of the original entity.

Events (7)
1. July 12, 1881 Chartered
Source
historical_nic
2. February 4, 1888 Run
Cause
Rumor Or Misinformation
Cause Details
Rumors concerning the condition of the bank and its legal reserve deficit.
Measures
Associated banks agreed to re-discount paper to the extent of $200,000.
Newspaper Excerpt
On Saturday morning a run was inaugurated on the bank. but it was of short duration.
Source
newspapers
3. February 6, 1888 Run
Cause
Bank Specific Adverse Info
Cause Details
Discovery of reserve deficit, reckless loans by officials, and the arrest of the Vice President.
Measures
Eight banks loaned $25,000 each to meet demands.
Newspaper Excerpt
the rush of depositors to draw their funds was too great and business had to be suspended.
Source
newspapers
4. February 6, 1888 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Inability to meet withdrawal demands following the arrest of the Vice President and withdrawal of support by other banks.
Newspaper Excerpt
The Metropolitan National bank directors passed resolutions to-night to suspend.
Source
newspapers
5. February 10, 1888 Receivership
Source
historical_nic
6. February 10, 1888 Receivership
Newspaper Excerpt
The Controller of Currency to-day appointed Jas. McConville... to be receiver of the Metropolitan National Bank
Source
newspapers
7. May 24, 1888 Other
Newspaper Excerpt
The stockholders of the Metropolitan National Bank... met on the 24th. Receiver McConville made his report and turned the bank over to the directors and stockholders.
Source
newspapers

Newspaper Articles (24)
1. February 7, 1888 Omaha Daily Bee Omaha, NE
Article from Omaha Daily Bee, February 7, 1888

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THE METROPOLITAN'S TROUBLE. The Directors Meet and Accept VicePresident Camp's Resignation. CINCINNATI, Feb. 6.-The Metropolitan bank directors held a session this morning at 10 o'clock. Pending the meeting the payment of checks was suspended, and a long line of depositors gathered. In a few minutes, however, the payment of checks was resumed. The directors are still in session and what has been transacted is not yet known, except that Vice President De Camp's resignation has been accepted and Louis Krohn has been chosen in his place. Bank Examiner Sanders is at the bank, but says he IS too busy to say anything for the benefit of the public. President Means, referring to the stoppage of payments, says there was no order for it and that he did not know there was any suspension. He supposes the story must have arisen from some accidental delay at the payers' desk, as no order for suspension was given. There was more than the usual demand upon the Metropolitan bank all day, but at the closing hours it was only $10,000 behind. While bankers agree that the Metropolitan is solvent, the recognized fact is that it could not meet every possible demand during the day, so eight of the banks loaned $25.000 each. Other offers were declined. The objection made to Decamp, the retiring vice-president, was that he had been speculating too much in real estate. Later-The Metropolitan National bank directors passed resolutions to-night to suspend. The bank is now in the hands of the government. Vice-President J. R. Decamp has been arrested. At the close of business to day the directors felt confident of pulling through safely. The united banks had given them $200,000 during the day and voted $50,000 more to help them to-morrow. This evening, however, while the directors were in session, a United States deputy marshal stepped in and arrested the late vice president, J. R. DeCamp. The charges against him were certifying to false state ments of the December condition of the bank. This attracted the attention of the united banks and they at once withdrew the proposition to furnish $50,000, and said they would not help the Metropolitan any more. The directors immediately resolved to suspend and go into liquidation. The affairs of the bank were at once turned over to Government Examiner Sanders. # The next step will be the appointment of a receiver. The trouble is traced to the increase of stock from $500,000 to $1,000,000, the issue being to holders of stock at 20 per cent premium, which was utilized as a surplus fund. A large part of this increase was paid for in notes. The placing of stock in various banks gave rise to suspicion, and to sustain its market status the directors were compelled to buy in considerable quantities. The tight money market at the close of the year forced the bank to carry a load that was too heavy and the other troubles grow out of reports as to the speculation of some of the officers. It is said that other arrests will be made.

2. February 7, 1888 Richmond Dispatch Richmond, VA
Article from Richmond Dispatch, February 7, 1888

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Suspension of a Cineinnati Bank. By telegraph to the Dispatch.] CINCINNATI, February 6.-There was more than the usual demand upon the Metropolitan Bank all day. but at the clearing-house it was only $10,000 behind. While bankers agree that the Metropolitan Bank is solvent, they recognized the fact that it could not meet every possible demand in a day: so eight of the banks loaned it $25,000 each. Other offers were declined. The objection made to DeCamp. the retiring vicepresident, was that he had been speculating too much in real estate. At Toledo to-day two mortgages ou Toledo property were filed-$10,000 each-by John R. DeCamp and by DeCamp & Means to the Merchants National Bank of Cincinnati. 10:10 P. M.-The Metropolitan National Bank directors passed a resolution after 8 o'clock tonight to suspend. The bank is now in the bands of the Government. Vice-President J. R. DeCamp has been arrested.

3. February 7, 1888 Rock Island Daily Argus Rock Island, IL
Article from Rock Island Daily Argus, February 7, 1888

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ANOTHER CINCINNATI BANK Forced to Suspend Because An Official Was Reckless. CINCINNATI, O., Feb. 7.-There has been trouble in the Metropolitan National bank of this city for some days. Last week Bank Examiner Sanders found that the reserve was much short of what it should be and so reported, the amount of deficit being about $350,000. This was caused by the carelessless of the vice president, John R. DeCamp, who permitted loans to be made on insufficient security. An attempt was made Monday to continue business, but the rush of depositors to draw their funds was too great and business had to be suspended. Later DeCamp was arrested on a charge of misapplication of funds and certifying to false statements. He was bound over in $20,000 bail. Earlier in the day he had been relieved of the bank office. It is believed the bank can pay all its liabilities.

4. February 9, 1888 The Big Sandy News Louisa, KY
Article from The Big Sandy News, February 9, 1888

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Closed. The Metropolitan National Bank at Cincinnati suspended Tuesday. The President and Vice President were arrested for the violation of the National banking law. The President was William Means, brother to John Means, of Ashland.

5. February 9, 1888 The Indianapolis Journal Indianapolis, IN
Article from The Indianapolis Journal, February 9, 1888

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NATIONAL BANKING. The failure of the Metropolitan National Bank in Cincinnati is complete. It is not as bad a failure as that of the Fidelity, and does not present the same criminal features, but it is very bad and will probably wreck reputations as well as fortunes. Mr. William Means, president of the now defunct concern, was elected Mayor of the city in 1881 on the "reform" ticket, has been prominently connected with large local enterprises and was highly esteemed. He was president of the Duckworth Democratic Club, and an ardent supporter of the Queen City Club, an organization of much higher grade. These connections show his local standing. Vice-president De Camp was a good second to the highly esteemed president. Both men have stood above suspicion. Even now they have not lost the respect of the community, and universal sympathy is expressed for them, but they have wrecked the bank. And they have done it in the usual way-by a gross violation of the legitimate principles of banking involving, of course, violation of the national-bank law. Morally, the wreck of the Metropolitan does not present as bad a case as that of the Fidelity, but in respect of violating the principles of banking and the bank law, they are about on a par. Harper gutted the Fidelity to carry on his big wheat deal, while the officers of the Metropolitan swamped it by loaning money to themselves and the directors for real estate speculations. In both cases it was outside speculation that wrecked the bank. It generally works that way. Banking is not speculating. Cautious depositors will always do well to withdraw their money from a bank whose officers engage in any outside operations. The national-bank law contains very stringent provisions on this subject, in regard to making loans to directors, etc. These provisions are wise and should be strictly enforced. No doubt they are often violated without discovery, but never without risk. Most of the bank failures that occur are caused by outside speculations of the officers and large, unsecured loans to directors, one or both. The officers of the Metropolitan are surprised by the failure. Of course they are. Men who speculate with other people's money do not expect to lose, and it is always a painful surprise to them to discover that they have. It is often a still more painful surprise to depositors. But the national-bank law prohibits all such operations, and prescribes a penalty for its violation. The depositors in the Metropolitan will not lose anything, but if the government insists on a rigid enforcement of the law, it will take some very fine work to keep the able officers of the bank out of its clutches. It is not intended to say that they have been guilty of any intentional fraud or criminal misappropriation of funds, but of a plain violation of legitimate banking principles, and at least a technical violation of a very stringent law.

6. February 9, 1888 Wood County Reporter Wisconsin Rapids, WI
Article from Wood County Reporter, February 9, 1888

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The Bank in the Hands of the Goverment. CINCINNATI, Ohio., Feb. 6.-The Metro politan National bank directors passed resolutions to-night to suspend. The bank is now in the hands of the government. Decamp has been arrested.

7. February 9, 1888 The Stark County Democrat Canton, OH
Article from The Stark County Democrat, February 9, 1888

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THE Metropolitan National bank of Cincinnati suspended on Monday, and J. R. DeCamp, late Vice President of the bank, was arrested by a U. S. Deputy Marshal. Other arrests will probably be made.

8. February 9, 1888 Spokane Falls Review Spokane, Spokane Falls, WA
Article from Spokane Falls Review, February 9, 1888

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Bank in Troub e. CINCINNATI. Feb. 4.-For several days past rumors have been atloat concerning the condition of the Metropolitan National bank and have finally assumed such a serious aspect that the stock of the bank is sold way down. The Commercial Gazette to-morrow willsay: The bank examiner alter a thorough investigation found that the Metropolitan had not its legal reserve n hand by about $150,000. This being brought to the notice of the associated banks an agreement was arrived at to re-discount the Metropolitan's paper to the extent of $200,000 if necessary. The bank has been carrying considerable of its director's paper, but this is said to be gilt edge. On Saturday morning a run was inaugurated on the bank. but it was of short duration. In the alternoon Vice-President Decamp resigned. It is thought that the bank is amply secured now. and President Means, in an interview, says that the Metopolitan Bank is as solvent at any institution in the city.

9. February 10, 1888 Bismarck Weekly Tribune Bismarck, ND
Article from Bismarck Weekly Tribune, February 10, 1888

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More Bank Crookedness, CINCINNATI, Feb. 6.-The Metropolitan National bank directors passed a resolution after 8 o'clock to night to suspend. The bank is now in the hands of the government. Vice President J. R. DeCamp has been arrested.

10. February 10, 1888 Fort Worth Weekly Gazette Fort Worth, TX
Article from Fort Worth Weekly Gazette, February 10, 1888

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PRECE SECOND Bank National Another Cincinnati for the by Closed Government the Law, Banking Violating Vice and The President President propriation Missppropri Charged of the With Bank's Funds. The Used Stock Bank's Collateral of the Loanst Speculain tion DECIDED The Feb. OHIO, have Bank directors CINCINNATIONAL to The suspend. the governARRESTED. passed bank ropolitan is Vice a resolution in President the hands J. R. of DeCamp has Another ment. been arresteer Feb. to the CINCINNATE THE OHIO, has been added It is presi- the sensational Bank William was issued manner. Metropolitan of the bank. Hon. The warrant was not served for Mr. in of arrest dent of this the morning, but Out of Bramet regard notified the issuance after arranged his the usual District O'clock Attorney of the Means to to the go office mind him writ Means, voluntarily and 12 with for Mr. bondsmen in 20'clock. relentless and With with compidenty volumissione cases fresh of the where the proof they the gave governmental transgre decided of the power of a plain causes & leading there has-been this arrest has held for a a numlaw Mr. Means men quite has been as vote, the gensation:mong position of years, served business a term by reputed party mayor ber and elected, not support To in by a procompliment when wealthy he a combir was mmination such to their prominence caused put a of is examinshave the peril man imprisonment There that fairly the and well papers au of the violation bank's of the with tion found teeli biatement thenticated gross books this V banking shows a to officers that such an in It is carried solvency. doing the may the that one law bank. loans have imperil possible been thought bank's to no other extent as time to it is made, not but of because this there speak with for & arrests At this will be certainty, thorough examhas can not been of the time bank's FIRST effairs. -The ARREST silence ination EFFECT OF OHIO, THE Feb. the Metro in the bank brown of CINCINNATICE the tomb morning. structure at locsted called occu- the new United half at The its this Western Banks' stone building outheast streets. and corner by wide ples the and Walnut by it and buildof Third is used eastern jointly half of the Bank. vestibule in Citizens' the National is open this neighbor course, from ing, vestibule, the the of door leading is closed that and plscarded the morning, This Metropolitan but Bank Comp acting into the with the hands of the through the bank of is the in Currency, United States clerks National can A few the door and of Mr. Examiner. glass in the door Bank through the lounges Small groups for geen single watchmsn of the vestibule president. and look of the the people room enter the vacated quarters the lesson power of moment in the read therein overnment. the would a great bank of and the national bank say government this the connected the have with happened arrest if the of the the ex arrest vicenot had not caused It is true to that withdraw their that president. the other banks but mercifully it may be in diof government moved of assistance, acted from the Metropoli- warrant the their money made in not the necessaverting for the charges arrest do possession tan, Mr. Decamp's may be serious in charges the for cover all that More statement of rily of the certifying government. to bank false may be brought condition than of of the the grand jury. the notice BOTH GIVE Feb. BOND. President at CINCINNATI , OHIO, this afternoon Commissioner Means of appeared United States bond for his The appear- charge Doragen office and gave of $20,000. is the misap- the the sum warrant of plication the bank ance against in him of in upwards the of Mr. $200,000 DeCamp also one funds gave bond of for $20,000. THE DIRECTORS 7 SAYS. M'chael WHAT ONE OF OHIO, Feb. of the Metro- the attributes CINCINNATI of the directors the failure to increase crease politan Ryan, Bank, influence of of the the $500,000 sold and debt capital weskening offered He said only was that used $20,000 collateral was of the bank for remainde was offered freely to loans, the thus as the stock thought it best it and again Moveover, sale, the directors value by buying of embaran keep for up its in market time W1B a source interhere rassment. paper publishes in which he bank's save An evening E. L Harper that the on with summer in view he knew last being used of as speculation collateral examstock was the purpose that & bank could estate. how to opinion loans real for knew He added then. examine country iner who that of the violaof of the to-day The have ine-tenths discovered put in prison bankers had been. for grand the could be the law, as jury he has been District distion United States the week to the W. missed for prepare against Mr. Attorney to indictment in the Fidelity bank, cases. The late director to-day. the as same H. Chatfield, WAS nolle that prossequee against Mr. Pogue.

11. February 10, 1888 Fort Worth Weekly Gazette Fort Worth, TX
Article from Fort Worth Weekly Gazette, February 10, 1888

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CINCINNATI, OHIO, Feb. 7.-The Metropolitan National Bank directors have passed a resolution to suspend. The bank is now in the hands of the government. Vice-President J. R. DeCamp has been arrested.

12. February 10, 1888 Evening Star Washington, DC
Article from Evening Star, February 10, 1888

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BANK RECEIVER APPOINTER-The Controller of Currency to-day appointed Jas. McConville, of Steubenville, Ohio, to be receiver of the Metropolitan National Bank, of Cincinnall. He will take charge early next week.

13. February 11, 1888 The Olneyville Times Providence, RI
Article from The Olneyville Times, February 11, 1888

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ANOTHER BANK WRECKED. The Metropolitan National Bank Suspends. The Vice-President Arrested. CINCINNATI, Feb. 7.-The Metropolitan National Bank directors passed a resolutiod after eight o'clock ast night to suspend. The bank is now in the hands of the Government. Vice-President J. R. Docamp has been arrested. There was more than the usual demand upon the Metropolitan Bank all day, but at the Clearing House it was only $10,00 behind. While bankers agreed that the Metropolitan was solvent, they recognized the fact that it could not meet every possible demand in a day, so eight of the banks loaned it $25,000 each. The objection made to Mr. Decamp, the retiring Vice-Presidedt, was that he had been speculating too much in real estate. Facts developing later compelled the suspension of the bank and the arrest of the Vice-President.

14. February 16, 1888 Iron County Register Ironton, MO
Article from Iron County Register, February 16, 1888

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THE Metropolitan National Bank of Cincinnati suspended on the 6th. The vice-priesident, John R. Decamp, was arrested, later, charged with misapplication of the bank funds and certifiying to false statements of its finances.

15. February 17, 1888 Alma Record Alma, MI
Article from Alma Record, February 17, 1888

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The failure of the Metropolitan National bank of Cincinnati, has led to considerable agitation of the subject by pub ic men in Washington. A prominent member of the house says "that enough care is not exercised in the selection of the men whose duty it is to examine and report upon the conditio n of the national tanks of the country. If these men were competent it does not seem possible that they would fail to discover the crooked condition of the banks. In the case of the Metropolitan bank the books show gross violation of the banking laws in the matter of loans advanced to officers of the bank and others. It is my of inion that something should be done by con gress in the way of curing the abuses which have grown up under our pres. ent national banking laws or else failures or consequent ru'n to the hundreds of innocent depositors will be more frequent in the future than they have been in the past."

16. February 22, 1888 Watertown Republican Watertown, WI
Article from Watertown Republican, February 22, 1888

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# HOW IT WAS WRECKED. Examiner Sanders Explains the Collapse of the Metropolitan Bank. CINCINNATI, O., Feb. 18.-Mr. Sanders, government bank examiner, has at last broken silence upon the situation at the Metropolitan National Bank. He said to-day that the bank was ruined by its own policy of making loans upon insufficient collateral, and he verifies the statement made some time ago, that even if the arrest of Vice-President Decamp had not been made, the bank would have been compelled to suspend because the telegraphic orders received the day before the suspension were more than enough to have swallowed up all the money that could have been obtained from the banks of Cincinnati. The examiner says that President Means has paid all his indebtedness which was personal, but there is still a large claim against him as trustee for money loaned to a syndicate engaged in different enterprises. This has not been settled.

17. February 25, 1888 The Superior Times Superior, WI
Article from The Superior Times, February 25, 1888

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HOW IT WRECKED. Examiner Sanders Explains the Collapse of the Metropolitan Bank, CINCINNATI, O., Feb. 18.-Mr. Sanders, government bank examiner, has at last broken silence upon the situation at the Metropolitan National Bank. He said to-day that the bank was ruined by its own policy of making loans upon insufficient collateral, and he verifies the statement made some time ago, that even if the arrest of VicePresident Decamp had not been made, the bank would have been compelled to suspend because the telegraphic orders received the day before the suspension were more than enough to have swallowed up all the money that could have been obtained from the banks of Cincinnati. The examiner says that President Means has paid all his indebtedness which was personal, but there is still a large claim against him as trustee for money loaned to a syndicate engaged in different enterprises. This has not been settled.

18. March 30, 1888 Evening Star Washington, DC
Article from Evening Star, March 30, 1888

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Depositors to be Paid in Full. CINCINNATI, March 30.-Receiver McConville, of the Metropolitan National Bank, announces that on April 16 he will pay in full all depositors who have proved their claims previous to April 5. -

19. March 31, 1888 Los Angeles Daily Herald Los Angeles, CA
Article from Los Angeles Daily Herald, March 31, 1888

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Lucky Depositors, CINCINNATI, March 30. - The receiver of the Metropolitan National Bank announces that April 16th he will pay in full all depositors who have proved their claims previous to April.

20. March 31, 1888 The Salt Lake Herald Salt Lake City, UT
Article from The Salt Lake Herald, March 31, 1888

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will Pay in Full. CINCINNATI, March 30.-The receiver of the Metropolitan National bank announces that on April 16th he will pay in full all depositors who have proved their claims prior to April.

21. April 5, 1888 Spokane Falls Review Spokane, Spokane Falls, WA
Article from Spokane Falls Review, April 5, 1888

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Will Pay in Full. CINCINNATI O., March 30.-The receivers of the Metropolitan National bank announces that April 17th be will pay in full all depositors who have proved their claims previous in April.

22. May 30, 1888 Watertown Republican Watertown, WI
Article from Watertown Republican, May 30, 1888

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A Cincinnati Bank Reorganized. The stockholders of the Metropolitan National Bank, of Cincinnati, which, by order of the comptroller of the treasury. has been in the hands of a receiver for several months, met on the 24th. Receiver McConville made his report and turned the bank over to the directors and stockholders. Of the latter forty were represented in person or by proxy. The receiver reported: Good assets, $415,000; doubtful assets, $576,000; worth-

23. December 31, 1888 Evening Capital Annapolis, MD
Article from Evening Capital, December 31, 1888

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PRICE ONE CENT sea: lost ia Thirteen killed at Flaverhill bridge over the Merrimac on Boston and Maine railroad. 12 Blizzard in the northwest Immense damage done: many frozen to death 17. E C. Walthall re-elected senator from Mississippi. 18. Norwegian bark Freidas sunk in collision with British steamer Toronto off Ireland; 13 drowned. Court Clerk Irion, of Birmingham, Ala., defaulted in $20,000. 19. Hatfield-McCoy row. 22. Fourteen burned to death at Tower, Mipn. 23. Charles O'Brien, cashier, and Elmer E. Morse, bookkeeper, Albany First National bank, defaulted in $200,000. 21. Colliery explosion at Wellington, B. C.:25 killed. 25. United States Senator Wilson, of Iowa, reelected. 25, 25 Great storm on the Atlantic coast. 27. Deficit of $350,000 alleged in the accounts of the late government of Manitoba. FEBRUARY. 1. Twenty two drowned in wreck of the British bark Absacom near mouth of the Columbia river. 5. White Cap outbreak in Indiana 7. Failure of the Metropolitan National bank, Cincinnati, President Means, Cashier Harper and others artested. 8. Murder of Amos J Snell, Chicago. (Tascott case). Henry Reece, cashier Continental hotel, Philadelphia, defaulter in $60,000. 11. James Albert won six-day go-as-you-please walking match New York, breaking world's record. 17 Two Americ . ships ordered to Tangiers, Morrocco, to Lettle row between the sultan and the United States consul. 19 Tornado a Mt. Vernon, Ills. 21 killed. of 2b Twenty-five killed by explosion of boiler steamer in the United States of Colombia. 29. Mackay and Flood quarrel over losses in wheat and dissolve partnership 27. Forty lost by explosion of a ferryboat at Val. lejo, Cal MARCH. 1. International railway connecting Mexican Central with Southern Pacific opened for business. 8. Discovery of graveyard insurance scheme, Charleston, S. C. 4. Erastus J. Jones, ex treasurer of Dauphin county, Pa., defaulter in $61,000. 11. 12,13. Famous blizzard along the Atlantic coast. Great damage done, railroads blocked, many frozen to death, many shipwrecks. 16. Gen. Adam Badeau brought suit against Mrs. Grant for compensation for assistance in preparing Gen. Grant's Memoirs. Settled late in the year. 17. 19 killed on Savannah, Florida and Western railroad, near Blakshear, Ga. 18. Confession by a member of the Missouri Bald Knobbers. 20. State Treasurer Tate, Ky defaulter in $250,000. 22. Blizzard in the northwest. 25. Tornado destroys town of Ninnescab, Kan. 27 Terrible floods in Germany and Hungary: floods in many parts of the United States: many lives lost and much damage done. President Close and Cashier White of the State National bank of Raleigh, N. C., defaulted in $73,000. 29. 30 miners killed by explosion at Rich Hill, Mo. Capt. Pau! Boyton adrift all day in the ice of Lake Michigan. APRIL. 1. Diss Debar Marsh spiritualistic sensation, New York, in full blast. Secretary Bayard expressed dissatisfaction with the conduct of Germany in Samoa. 5. Twelve killed in railroad accident at Newhamp ton, Ohio. 6. Gen George Crook nominated for major general in place of Gen. Terry. Col. John R. Brooks made brigadier general in Crook's place. 13. Failure of the American exchange in London; Henry F. Gillig general manager; liabilities, $4,000,000. 18. Eighteen burned to death at Celaya, Mex., by the burning of a stand for spectators of a bull fight. Senator Stanford's racing stables burned at Palo Alto, Cal. 23. Thos. Tunstall of Mobile, Ala., made United States consul to San Salvador. 24. John H. Murphy, confidential clerk of Dr. Daniel Gray of Holmesburg, Pa., defaulted in $27,000. 27. Gen. Joseph E. Johnston admitted to contributory membership by Gen. E. D. Baker Post, G. A.R. 29 Ship Smyrna sunk in collision with steamer Moto off Isle of Wight. Thirteen drowned. MAY. 1. Assistant Cashier De Baun, of the Park Na tional bank, New York, defaulted in $95,000. 2. Ten thousand dollars stolen from registered letters near Harrisburg, Pa. 3. Fifteen banks failed in Buenos Ayres. 6. Cloud burst near Maize, Kan., causing flood which swept the house and entire family to a watery death. Explosion of a carload of dynamite at Locust Gap, Pa. Eight killed. 12. Train robbery at Aguazarca, A. T. 13. High water along the Missouri and Red rivers. Several lives lost. 18. Methodist general conference created an order of deaconess for charitable work. 22. Rev. John H. Vincent and Rev. James M. Fitzgerald made bishops by the general Methodist conference. 23. Rev. J.C. Joyce made bishop by the general Methodist conference. Randall L. Gibson elected senator from Louisiana. 24. Dr. John T. Newman and Rev. Dr. Goodsell made bishops by the general Methodist conference. Corner stone of the now Roman Catholic university laid at Washington. 25. Rev. J. M. Thoburn elected bishop of India by the general Methodist conference. Exciting discussion of the negro question at the general assembly of the Preshyterian church in Philadelphia. 26. The southern assembly of the Presbyterian church decided against Dr. Woodrow and his evolution theory. 23 Destructive storms throughout the United States. Enormous losses. 29. General assembly of the southern Presby terian church decided against organic union. 30. E. D. White elected senator from Louisiana. JUNE. 3. White Cap outrages in Indiana. 4. Gen. William B. Francklyn named commissioner of the United States to the Paris exposition; Somerville B. Tuck, assistant commissioner. Eighteen killed in a railroad accident near Tampico, Mexico. Eleven burned to death at Rockdale, Tex. 6. E. L. Lichtenstein, Wilmington, Del., defaulted in $33,250. 8. Steam yacht Gleam run down in the Patapace river by steamer Joppa; M. T. Harrison Garrett, of Baltimore, drowned. Rev. Dr. Layton Coleman made Protestant bishop of Delaware 16. Train robbery at Muscogee, L T. 17. Train robbery near Junction City, M.T. 18. Mme. and Gen. Diss Debar sentenced to the penitentiary for six months. 22. Disastrous floods in Mexico. Many hundreds drowned. 21. Holbrook, A. T. nearly destroyed by fire.

24. June 28, 1890 Baxter Springs News Baxter Springs, KS
Article from Baxter Springs News, June 28, 1890

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THE WEST. THE Park National Bank, of Chicago, has suspended. JOSIAH POTTS and Elizabeth Potts, man and wife, were both hanged together at Elko, Nev., for the murder of Miles Fawcett in January, 1888. Both died protesting their innocence. AN awful tornado visited Illinois on the afternoon of the 20th. In the vicinity of Earlville twenty-five lives were lost. Four were killed at the village of Sublette, south of Dixon. At Cornell much damage wasdone and four persons were fatally injured. THE golden jubilee of St. Navier's Jesuit College at Cincinnati closed on the 22d. At mass all the officiating clergy were graduates of this college. In the evening Archbishop Elder, assisted by visiting priests and bishops, celebrated pontificial mass. THE National Farmers' Alliance and Industrial Union will hold its next annual meeting in St. Louis in December. THE employes in the Union Pacific machine shops along the line from Pocotelo, Idaho, to Portland, Ore., have struck on account of a reduction in their wages. THE town marshal of Haughville, near Indianapolis, Ind., was recently fatally wounded by a turbulent negro. THE indictments against J. M. Means and J. R. De Camp, former officers of the Metropolitan National Bank, of Cincinnati, have been nolled in the United States Court upon motion of the United States district attorney. This ends all criminal proceedings against them growing out of the bank failure. MILLIE ALLMET, aged sixteen, was burned to death near Jeffersonville, Ind., while lighting a fire with coal oil. IT is stated on apparently good authority that thecensus returns show a population for Minneapolis of 210,000 and for St. Paul of 159,000 in round figures. THE entire business part of Cerrillos, N. M., fifty miles north of Albuquerque, was destroyed by fire. Loss, $100,000. FOREST fires are raging near Ward, in Boulder County, Col. Immense damage to forest and ranchmen has been done. The fire is beyond control and several mining properties are threatened with destruction. THE workmen in the stone quarries at Joliet, Ill., have renewed their strike. Four of them were arrested for refusing to disperse when ordered to do so by the sheriff. THE Bank of Hartford, Wis., has suspended. DES MOINES. Iowa, claims a population of 53,000; Dubuque, 40,000; Sioux City, 35,000; Cedar Rapids, 28,600; Davenport and Burlington, 30,000 each, and Marshalltown, 10,000. DETROIT is estimated at 197,000. MILWAUKEE'S population is 235,000. CLEVELAND, o., has 248,000 people. INDIANAPOLIS computes its population at 125,000. Two small boys were drowned in St. Louis bay, West Superior, Wis., while playing recently. THERE were six cases of sunstroke in Chicago on the 24th.