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Another One. Denver, January 30.-After a heavy run, the Merchants & Mechanics' bank, of Leadville, suspended this afternoon. It was immediately attached for $37,000. More attachments will follow. No estimate of the liabilities or what it will probably pay is at present obtainable. This leaves but one bank in Leadville, the Carbonate.
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DENVER, Jan. 30 -After a heavy run the Merchants and Mechanics' Bauk of Leadville suspended this afternoon. It was immediately attached for $37,000. More attachments will follow. No estimate of its liabilities or what it will probably pay is at present obtainable. This leaves but one bank in Leadville, the Carbondale.
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Big Failure. Denver, 30.-After 8 heavy run, the Merchants' & Mechanics' Bank of Leadville suspended this afternoon. It was immediately attached for $37 000, More attachments follow. No estimate of the liabilities or what they will probably pay at present obtainable. This leaves but one bank in Leadville, the Carbondale.
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DENVER, COL., January 31.-Bradstreet's reports to-night that at a meeting this evening of the directors of the Merchants and Mechanics Bank, of Leadville, which suspended yesterday, it was developed that the bank can pay ninety.nine cents on the dollar without calling on the stockholders. They will reorganize and open Monday. The president's management has been honest and conservative.
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Ninety-Nine Cents. Denver, Col., January 31.-Bradstreet's reports to-night that at a meeting this evening of the directors of the Merchants and Mechanics bank, of Leadville, which suspended yesterday, it was developed that they were able to pay ninety-nine cents without calling on the stockholders. The bank will re-organize Monday. The president and management are honest and conservative.
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The M. and M. Bank to Re-Open. DENVER, Jan. 31-Bradstreet - reports that at the meeting this evening of the directors of the Merchants' and Meehan ies' Bank of Leadville, which suspended yesterday, it was developed that it will pay ninety-nine cents without calling on the stockholders. The bank will reorganize and open Monday. The President's management was honest and con servative.
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An Unusual Showing, DENVER, Jan. 31.-Bradstreet reports, tonight, that at the meeting this evening of the directors of the Merchants' and Mechanics' Bank, of Leadville, which suspended yesterday, it was developed that it will pay ninety-nine cents without calling upon the stockholders The bank will reorganize and open on Monday. The president's management was honest and conservative.
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Nothing Bad. Denver, 31.-Bradstreet reports to-night that at a meeting this evening of the directors of the Merchants' and Mechanics' bank of Leadville which suspended yesterday, it was developed that it will pay ninetynine cents without calling on stockholders. It will reorganise and open on Monday. The president's management is honest and conservative.
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Another Leadville Bank Busted. DENVER, Jan. 0.-After a heavy run the Merchants and Mechanics bank of Leadville, suspended thisafternoon and was immediately at tached for $37,000. More attachments are to follow. This leaves but one bank in Leadville, the carbonate camp.
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Another Leadville Bank Broke. After a heavy run the Merchants and Mechanics bank of Leadville, Colo., suspended Wednesday afternoon, and was immediately attached for $37,000. More attachments are to follow This leaves but one bank in Leadville.
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THE Merchants and Mechanics bank of Leadville, on which a foolish run was made, so that it was forced to suspend, will resume business on Monday. Being a sound institution, it will survive. In fact, no honestly managed bank need go under at all.
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GENERAL NORTH DAKOTA farmers are endeavoring to arrange terms with railroad companies 80 that they can get out of the grasp of the Minneapolis millers. THE Grand Trunk Railroad was found guilty of causing the death of J. W. Perkins in 1882, in a Lewiston, Me., court on the 30th, and was fined $1,000. THE long strike of the window-glass manufacturers at Pittsburg. Pa., ended on the 30th. An agreement was arrived at between committees of the workmen and manufacturers to pay last year's wages to April 1st, when a sliding a Ecale shall go. into effec:, to be fixed once month in accordance with the price of glase. THE Merchants' and Mechanics' Bank of Leadville, Col., after a heavy run, collapsed on the 30th. ON the 29th Mrs. Mary E. Paige, widow of Samuel B. Paige, the Oshkosh lumberman, who suicided at Davenport, Ia., brought suit against the New York World for libel and claiming $150,000 damages. The World print ed what they called the life of Mrs. Paige and she denies the truth of the article. PERINE & Co., jobbers of cloths, made an assignment on the 28th. Liabilities $100,000. JOHN PARET & Co., clothing dealers, New York, assigned on the 29th. Liabilities $329,000. IT is reported that tin ore has been discovered at King's Mountain, N. C. A state chemist is making a careful examination. THE Tanners' Association, in convention at Cincinnati, o, on the 29th, decided to advance the price of harness leather one cent a pound. BUSINESS failures on the 28th: J. W. Bitting & Co., Aurora, Texas, liabilities $40,000; James Alexander, millinery, New York, liabilities $24,000. EDMUND M. W. MACKEY, a congressman from South Carolina, died at Washington, D. C., on the 27th. A MAN who attempted to commit suicide is under treatment at Bellevue Hospital, New York, with a trepanned skull and a drainage tube through his brain. BUSINESS failures on the 27th: B. Dubbs & Co., Augusta, Ga., liabilities $36,000; J. B. Wadsworth, cheese factory. Morrisville, N. Y., liabilities $72,000; D. M. Hawkins, wholesale tobacco and cigars, Cincinnati, O., liabilities $30,000; J. H. Betting, general store, Manor, Tex., liabilities $40,000. SMALL-POX is prevalent in the Indianapolis, Ind., jail. Thus far none have proved fatal. JOHN C. NEW, assistant secretary of the treasury, tendered his resignation to the President on the 24th. WM. P. BARD, a lawyer of Reading, Pa., whose fortune a year ago was over $60,000, on the 24th made an assignment, all his substance having been lost in speculation. AT Concord, N. H., on the 24th, George T. Comins, a prison contractor, failed with liabilities of $140,000.
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DOWN WITH THE TIDE. The Merchants' and Mechanics' Bank of Leadviile, Colorado, Unable to Stand the Pressure of a Determined Run, Closes Its Doors-Only One Bank Left-Serious Failures Anticipated.
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On the 31st ult., the Merchant's and Mechanic's bank of Leadville, succumbed to a heavy run and closed its doors. It was immediately attached for $37,000. This leaves but one bank, the Carbonate, in Leadville.
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Another Colorado Bank Failure. DENVER, Jan. 30.-After a heavy run the Merchants' and Mechanics' Bank, of Leadville, suspended this afternoon, and was immediately attached for $37,000. More attachments will follow. No estimate of the liabilities or what it will pay, is at present obtainable. This leaves but one bank in Leadville, the Carbondale. DENVER, Jan. 31.-At a meeting to-night of the directors of the Merchants' and Mechanics' Bank, of Leadville, which suspended yesterday, it was developed that it will pay 99 cents on the dollar without calling on the stockholders, and that the President's management was honest and conservative. The bank will reorganize and open Monday.
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STATE NEWS. Every saloon keeper in Boulder has been indicted by the Grand Jury. South Pueblo is soon to have new water works, the Arkansas river to be the source of supply. John Dickson, an old man, was found dead in a Blake street Denver lodging house, on the 12th. J. W. Prowers, a wealthy cattle man, formerly a Coloradoan, died on the 14th, at Kansas City. There are now thirty-six gentleman and ten ladies attending the State School of Mines Golden. Charles Garbarino, a well-known hotel man died at Golden on the 10th. He formerly lived at Peoria, III. On the 10th, John Vigil, a Mexican, was accidentlly shot and killed at Tom Wilson's camp on the Del Norte canal. Senator Hill has introduced a bill to change the limit of the appropriation for Denver's public building to $570,,000. During the month of January ten thousand five hundred and nineteen tons of coal were shipped from Starkville. The Trinidad Coal and Coking Company shipped one thousand two hundred fiftynine tons of coke during January. Police Officer Lewis Tuttle, of Denver, had a leg broken while playing and scuffling with another officer, on tho 13th. The trial of O. J. Haller, who shot his wife and Samuel Morris, at Denver last fall, has been postponedjuntil April 22nd George D. Talbot, Clerk of the County Court, has been appointed receiver of the Merchants and Mechanics' Bank of Leadville. for stock toward the of an at has The building subscriptions elevator Fort Collins reached $22,000, 2,000 more than was called for. John Cathers, a ranchman, at Idaho has run away a woman named Ida an an Springs, Waters, leaving with invalid wife and adopted child. Henry Clark, working at the Leopard Four some giant was up in mine, powder recently Mile Creek, and thawed badly out torn consequence. The Arapahoe county commissioners find that George C. Roberts, Ex-County Assessor, county defrauded of the office. out of $4,047.08 during his term On the 10th, twelve feet of snow was reported on the Summitville road, between Del Norte and Summitville, and the road will not be open again before spring. Louis Taylor, who is charged with the murder of W. C. Prigmore, at Eastonville, on New Year's night, has been held to await the action of the Grand Jury in April. The body of August Vesselman was found on the frozen He the formerly prairie, lived south in Denver of Pueblo, on 11th. and cuffered with delirium just before his body was found. On the morning of the 9th, Gustave Rotzler went from Leadville with a dog on a rabbit hunt. The dog returned alone and later Rotzler's dead body was found at the bottom of a deserted shaft, A fire occurred at Seaver's cigar factory, Pueblo, on the 14th, causing damage of on the on and same $3,000 cigars. Gondalfa's building, restaurant, $500. -2,500 in tobacco the building, was damaged The Wisconsin association of the Pueblos has taken steps to induce a woolen mill manufacturer of Wisconsin to locate in Pueblo. This association is also moving in several other matters of like importance. The Trinidad Farmers' Alliance has been a charter by Allithis to rights ance, granted entitling branch 'the all National the and privileges of the National organization. The Trinidad Alliance is No. 13 of the state of Colorado. Alamosa officers, acting under a dispatch from Buena Vista, undertook to arrest John Van Pelt. shot officer when Dorris, wounding The latter him resisted Van slightly, Pelt, and officer Haytt fired, wounding who died in ten minutes. Pioneer Hook and Ladder company, of Breckenridge, elected the following officers: Foreman, Scott McLarran; first assistant fore man, Joe Miller ;second assistant, John Dirks: president, J. D. Rankin; secretary, G. L. Betz, treasurer, J. H. Hartman. The proprietors of the Rocky Mountain at on an additional enerNews, exhibit Denver, of their dress enterprise the of 13th, type and for made gy by an entire new their ournal. This makes the News one of the handsomest newspapers west of the Mississippi. A Crested Butte man has invented an improvement on the snow shoes now in use.