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New Albany Bank Suspends. NEW ALBANY, Ind. June 7.-The New Albany Banking company suspended payment this morning and closed its doors. The suspension was caused by the run made on the Bedford bank at Bedford, Indiana. yesterday, which forced it to close. It is claimed that the assets are $212,000. the liabilities 8100, 000, and that the depositors will be paid 100 cents on the dollar. A deed of as signment was today made to John H. Stotzenberg.
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Bank Closes at New Albany. NEW ALBANY, IND., June 7.-The New Albany Banking Co. suspended payment this morning and closed its doors. The suspension was caused by the run made on the Bedford Bank at Bedford, Ind., yesterday which forced it to close. It is claimed the assets are $212,000; its liabilities $100,000. A deed of assignmont was to-day made to John H. Stotzenberg.
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Banking Company Suspends. NEW ALBANY, IND., June 7.-The New Albany Banking Company suspended payment this morning and closed its doors. The suspension was caused by the run made on the Bedford Bank at Bedford, Ind., yesterday, which forced it to close. The principal stockholders in the two banks are identical. It is claimed the assets are $212,000 and liabilities $100,000, and that depositors will be paid one hundred cents on the dollar.
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A New Albany Bank Suspends. New Albany, Ind., June 7.-The New Albany Banking Company suspended payment this morning and closed its doors. The suspension was caused by the run made on the Bedford Bank, at Bedford, Ind., yesterday, which forced it to close. The principal stockholders in the two banks are identical. It is claimed that the assets are $217,000 and the liabilities $100,000, and that depositors will be paid 100 cents on the dollar.
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Latest Bank Failures. SPOKANE. Wash., June 8.-As a result of the suspension of the Bank of Spokane three other banks in this city have closed their doors. They are the Washington National, the Washington Savings and the Citizens' National. Other banks which have just suspended payment are: First National bank, of Palouse, Wash.: the Bedford bank, Bedford, Ind.; New Albany Banking company, New Albany, Ind.; the State bank, Cortland, Neb.
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BUSINESS TROUBLES. / Joseph Rathbone & Co., lumber dealers of Chicago, assigned June 7. with liabilities of $2.0,000 and assets of $500.000. They had been usable to realize on commercial paper. The New Albany (Ind.) Banking Company has suspended as a reaul of the run on the Bedford, Ind. bank on June 6, both banks having the saino stockholders. Liabilities, $100,000; assets (caimed). $212,000. Depositors will probably be paid in full. W. L Greyfoll, one of the principal stockholders, having filed a deed of trust to the brake for $300,000. The officers of the New Albany bank are: I. S. Windstadley, president; C. J. Frederick, cashier: capital, $100,000; chartered in 1832
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New Albany Bank Breaks. NEW ALBANY, Ind.: June 7-The New Albany Banking Co. suspended payment Wednesday morning The sus pension was caused by the run made on the Bedford durals. at Bedford Ind. Tuesday. The assets are $312,000 and liabilities $100,000 The directors claim that the depositors will be paid 100 cents on the dollar W. L Breyfogle, ex-president the Monon. of Chicago, Tuesday executed a deed of trust of $300,000 worth of unencumbered real estate in Chicago for the benefit of the depositors V
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Another Indiana Bank Suspends. NEW ALBANY, Ind., June 7.-The New Albany Banking company has suspended payment as a result of a run on the Bedford, Ind., bank yesterday, both having substantially the same stockholders. Claimed assets are $212,000; liabilities, $100,000. W. L. Greyfogle, one of the principal stockholders in the two banks, executed a deed of trust for $300,000 for the benefit of depositors in the two banks. It is claimed depositors will be paid in full.
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A HUNDRED CENTS ON THE DOLLAR. New Albany, Ind., June 7.-The New Albany Banking company suspended payment this morning and closed its doors. The suspension was caused by a run made on the Bedford bank at Bedford. Ind., yesterdny, which forced it to close. It is claimed the assets are $212,000; liabilities, $100,000; and that the depositors will be paid one hundred cents on the dollar.
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NEWSY NOTES. I -The New Albany Banking Co, has . assigned with liabilities of $100,000. 3 -The Louisville Southern is to be. come a part of the E.T., V. & G. and e Richmond Terminal systems. -Harry Boone, a boy ten years of age, e was drowned in a creek in Bourbon county, into which he waded for fun. -The bill giving unidentified dead ) bodies to medical students for dissection was passed by the House at Frankfort. $ -The Kentucky House passed the bill providing for a Court of Appeals composed of seven judges, by a vote of 52 to 26. -George Dolph, of Valparaiso, Ind., awallowed a lizzard while drinking at a spring and is slowly dying from the effects of it. -Aaron Wells, a blacksmith, struck Robert Doty with a hammer and was fatally stabbed by him in the lung. in Madison county. -More than half of Fargo, N.D. was destroyed by fire. Over 3,000 people are homeless and no more than $3,000,000 of prgperty destroyed. -Three persons, a son and daughter of John Redding, of Franklin county, and a young man named Barbour, were killed by the same thunderbolt Monday. -Ex Treasurer J. A. Jenkins, of Clark county, Ind., did not resign because of ill health, as was at first given out, but because he was short about $12,000. -Sapion Martello was killed by elec tricity in Dannemora prison, New York. He killed another Italian named Giovanna Parello, in Saratoga, stabbing him repeatedly and cutting his throat. The current had to be turned on him twice. -Cholera has appeared in many dis tricts of Asiatic Turkey and the people are dying by thousands. The survivors are panic-stricken and are fleeing, ,spreadr ing the epidemic with frightful rapidity. It is estimated that 70,000 persons have P fled from Bassora province alone. t -Dynamite was placed under the y Hustler office, a paper published in n Breathitt county, and it was blown to E atoms. The Hustler was credited with t carrying the county for local option and it It is thought the dirty work was done by y advocates of the license system. c -A cloudburst at Hinton, W. Va., n destroyed eight miles of the track of the h C. & O. railroad, a number of bridges L being also washed away. The loss to m the railroad company is estimated at ver $250,000. Trains had to run at through by way of the Norfolk and in Western. M -Thomas Nelson Page, the Virginia H novelist, and Mrs. Henry Field, of Chiri ago, were quietly married Tuesday th uorning at Elmhurst, near Chicago. h They will make their home in Washingb on City. He has the fame and is 40, ba he is 34 and has the fortune, be ing It worth four millions. 81
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Two Indiana Banks Suspend. NEW ALBANY, Ind., June 7.-The New Albany Banking Company has suspended payment as a result of a run on the Bedford, Ind.. bank yesterday, both having substantially the same stockholders. It is claimed the assets are $212,000 and the liabilities $100,000.
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INDIANA BANK-WRECKERS INDICTED. ONE OF THEM IS DR. BREYFOGLE FORMER PRESIDENT OF THE "MONON" ROAD Louisville, Ky., May 25.-Nineteen indictments were returned to-day by the New-Albany, Ind., Grand Jury against Dr. William Breyfogle, J. S. Winstanley and Clarence J. Frederick, charging them with embezziement in connection with the failure of the New-Albany Banking Company Dr. Breyfogle is well-known in business and railroad circles. and was at one time president of the Louisville, NewAlbany and Chicago Railroad Dr. Breyfogle was not an officer of the banking company. but borrowed a large amount of money from it through the Influence of his brother-in-law J. S. Winstanley, who was the cashier. Clarence Frederick, one of the indicted men, was a clerk in the bank The depositors, who had over $100,000 in the bank. have received 25 cents on the dollar. but were promised much more by Dr. Breyfogle, who agreed to turn over certain land to them. The feeling is particularly strong against Dr. Breyfogle, because it was thought he caused the failure of the bank. All of the leading lawyers in New-Albany, except two or three were engaged by the defence. There are about 400 depositors of the bank in New-Albany.
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TELEGRAPHIC NOTES. Chicago, Sept. 15.-A special from Hoopeston, III., says: The charred remains of four bodies were found yesterday in the wreckage of the burned train at Wellington. It is known that ten or twelve tramps were on the train, and as twenty-three cars were enveloped in flames simultaneously, it is thought none of them escaped. One body found Friday was identified by a railroad card in his pocket as A. D. Henton, of Salina Lodge No. 5, Slater, Mo. Vincennes, Ind., Sept. 15.-A special from Freelandsville, in Knox County, says that almost the entire business portion of that town was destroyed by fire this morning. Besides the business houses, several residences were burned, leaving many families homeless. The origin of the fire is unknown. Wabash, Ind., Sept. 15.-G. B. Swetzer, receiver of the Chicago, Indiana and Eastern Railroad, has stopped all trains and indefinitely suspended the operation of the road, which has been running at a loss. He has asked for a court order to sell the rolling stock and pay pressing claims. Jeffersonville, Ind., Sept. 15.-The trial of Dr. W. L. Breyfogle, of New-Albany, ex-president of the Monon Road, on charges of forgery and embezziement in connection with the failure of the NewAlbany Banking Company, resulted to-day in a verdict of acquittal. Several other indictments were continued. Milwaukee, Wis., Sept. 15.-"Gus," a carriage washer, and "Hill," a cook (last names unknown), are lying in a critical condition at the Emergency Hospital as the result of a fire in the livery stable of Breitkrentz & Manger, in Milwaukee-st., early this morning. Twenty horses were suffocated. The firemen had difficulty to prevent the spread of the flames. The loss will be about $5,000; insurance $2,000. Chicago, Sept. 15.-J. B. Northam & Co., wholesale and retail Hquor-dealers, confessed judgment today in favor of the Atlas National Bank for $25,000. An execution was issued and the sheriff took possession of the concern's places of business. No statement has yet been made, but the Habilities are supposed to be about $125,000 to $150,000. with assets at least 20 per cent more. The failure was a great surprise.