3388740291121 338874029
hash
1c6964cce5c3f967None
Click image to open full size in new tab
Depositors of a Nebraska Bank Alarmed. LINCOLN, Neb., May 19.-A run is in progress on the Nebraska Savings bank and a big crowd surrounded the doors. It has been hard up for ready cash for several days, but the local clearing house has decided to furnish all the cash necessary to meet the demands.
Click image to open full size in new tab
SAVINGS BANK IN TROUBLE. Lincoln, Neb., May 18.-The Nebraska Savings bank is in trouble. For several days there has been quite a run on the institution, which today assumed extensive proportions. The clearing house was called on for assistance and responded promptly. The officials are confident that the bank will weather the storm. It has a capital of a quarter of a million, and a deposit of $150,000.
Click image to open full size in new tab
Clearing House Helps. LINCOLN. Neb., May 19. -A run is in progress on the Nebraska Savings bank and a big crowd surrounds the doors. It has been hard up for ready cash for several days. but the local clearing house has decided to furnish all the cash necessary to the most importunate depositors.
Click image to open full size in new tab
Bank Run at Lincoln. Neb. LINCOLN, Neb., May 18.-The - Nebraeka savings bank is in trouble. For several days there had been a quiet run on the institution, which today assumed extensive proportions. The clearing house was called on for assistance and responded promptly. The officials are confident that the bank will weather the storm. It has a capital of $250,000; deposits, $150,000.
Click image to open full size in new tab
A Run on a Nebraska Bank. Lincoln, Neb., May - -The Nebraska Savings Bank is in trouble. For several days there has been a quiet run on the institution. which to-day assumed extensive proportions. The clearing house was called on for assistance and responded promptly and the bank is confident it will weather the storm. The bank has a capital of $250,000 and the deposits amount to $150,000.
Click image to open full size in new tab
Savings Bank in Trouble. LINCOLN, May 18.-The Nebraska Sayings bank is in trouble. For several days there has been a quiet run on the institution, which today assumed extensive proportions. The clearing house was called on for assistance and responded promptly. Officials are confident the bank will weather the storm. It has a capital of $250,000; deposits, $150,000.
Click image to open full size in new tab
Run on a Nebraska Bank. LINCOLN. May 19.-A run is in progress on the Nebraska Savings bank and a big crowd surrounded the doors. Sufficient cash is said to be on hand to pay all depositors. Assets are about $180,000. The paidup capital is $50,000.
Click image to open full size in new tab
LINCOLN BANK IN TROUBLE. The Nebraska Savings Institution Forced to Ask Assistance. LINCOLN, Neb., May 18.-The Nebraska Savings Bank is in trouble. For several days there has been a quiet run on the institution which to-day assumed extensive proportions. The Clearing House was called on for assistance and responded promptly, and the bank is confident it will weather the storm. The bank has a capital of $250,000 and the deposits amount to $150,000
Click image to open full size in new tab
LINCOLN BANK IN TROUBLE. The Nebraska Savings Institution Forced to Ask Assistance. LINCOLN, Neb., May 18.-The Nebraska Savings Bank is in trouble. For several days there has been a quiet run on the institution which to-day assumed extensive proportions. The Clearing House was called on for assistance and responded promptly, and the bank is confident it will weather the storm. The bank has a capital of $250,000 and the deposits amount to $150,000
Click image to open full size in new tab
BANKERS MORE HOPEFUL The Money Stringency at New York Passing Away-Chieago Banks Criticiand. NEW YORK, July 13.-The hopeful feeling among the bankers of this city was even more pronounced to-day than yesterday. Frederick D. Tappen, president of the Gallatin National Bank. said that one of the most necessary things was the resumption of the normal relations between the subtreasury and the clearing house. No clearing-house loan certificates were issued today and none were retired. but it is known that if the same easy condition prevails next week some large blocks of the certificates will then be retired. Mr. Tappen said this afternoon that there would not be trouble in the money market. Money. he said, would probably be easy right along, and within a week or ten days there would be & superabundance of currency here. particularly in notes of small donominations. Some of the banks would probably be asking that their clearinghouse balances might be paid in loan cere tilicates rather than currency. It was possible there might be a few more loan certificates issued. a hundred thousand dollars or 80 to some small bank. perhaps. but if the present conditions continue the certificates will be steadily retired, and by the end of three months, possibly, all will be canceled. Some amusement was caused by the al. leged utterance of some Chicago bank officers, as reported in the morning papers, reflecting on the New York:banks. Aprom. inent bank president of this city expressed the opinion of a great many bank presidents on the subject when he said: "That is merely some wind off Lake Michigan. It would be much more to the purpose if the Chicago banks paid off their debts to the New York banks and talked afterwards. There are very few banks in Chicago that did not borrow every dollarthey could from the banks in New York city during the recent ,stringency, and they could not have continued business if we had not supplied them with currency on these loans." Another Western utterance that caused some amosement among the bank officers here was the reference, in the Denver rean. lutions, to New York banks. 1 am surprised at those statements," said a a a tional bank president. because we aveextended every possible accommodation to Colorado banks, and especially to the banks of Denver. end. therefore, I can hardly believe that the best people of that city indorse the sentiments contained in those resolutions." The steamship City of Alexandria arrived from Havana, last evening. with $500,000 gold. consigned to the Western No. tional Bank of this city. Business Troubles. NEW YORK. July 13.-Riehard M. Olcot, carrying on business under the name of Gieot & Co., exporters. at No. 56 New street, to-day assigned to John 8. Darant. Mr. Olcott's embarrasement is attributed to the present financial stringency and the effect of the heavy losses in Argentine some time ago. His liabilities are not definitely known, but are reported to be from $100,000 to $150,000. LINCOLY Neb.. July 13.-The Nebraska Savings Bank, of this city, was taken charge of by the State Banking Board tonight. It has deposits of about $110,000. It was embarrassed some months ago by the failure of the Capitol National Bank, but secured an extension from its creditors. Failing to realize on securities. the directors voluntarily assigned. CHICAGO, July 13.-A receiver was &Dpointed for the real-estate firm of W. A. Merigold & Co., to-day. The firm did a very large business, and its collapse was unexpected. W. A. Merigold, who is the entire firm, 18 now in Europe. The receiver was appointed on the application of & creditor. No schedule of assets or liabilities has been made. Stoux CITY, Ia., July 18.-Baker & Biesell. wholesale hardware dealers, to-day made an assignment. Liabilities, $95,000 assets, $185,000.
Click image to open full size in new tab
CLOSED THE BANK. A Nebraska Institution Shut by the State Banking Board. LINCOLN, Neb., July 13.-The state tanking board this evening at the request of the directors took charge of the Nebraska Savings back. an institution which has had a précarious existence for some months. Ever since the Capifal National failed last January there has been a constant withdrawal of deposita from the savings bank, amount ing in all to 8100,000. A run was made on the bank some days ago, but the Clearing House association stood by it and prevented its failure. Present desosite amount to about 860,000. It is thought the assets are sufficient to meet all claims. No attempt will be made to resume under the present management.
Click image to open full size in new tab
TELEGRAPHIC BREVITIES. Advices have been received of revo lutionary uprising in the capital of San Salvador. Jules Aldige, one of the wealthiest citizens of New Orleans, and largely in ientified with cotton seed oils, d'ed Paris to-day. Patrick Egan, ex-United States Minister to Chili, sailed for home last evening. He was escorted to the steamer by a detachment of police. U.S. Senator Irby, of South Carolina, is out in a reply to the General charges made against him by Adjutant false. Farley, which he denounces as The health officer of Northampton county, N. C., reports the existence there of a disease resembling cholera. Persons attacked die in six or seven hours. A four-year-old child of John W. Ferrier, of New York, fell 210 feet down the whirlpool elevator shaft at Niagara Falls this morning and was crushed in a horrible manner. Mrs. Mayer, wife of Dr. Henry C. Mayer, both of whom have been arrested in Detroit for wholesale poisoning, birth to a son last night. The gave doctor showed no feeling when informed that he was a father. At Guthrie, O.T., last night a young cowboy named Burdess, who was under the influence of liquor, became mixed up in a fight with three negroes reand was pounded to death. It only quires a leader to make a triple lynching. The largest dispensary in South Carolina, the one at Greenville, was yesterday closed under a temporary injunction granted by Judge Norton, principally because of alleged unconstitutionality of the law. The case is to be heard Monday. Among the failures to-day were the Nebraska Savings Bank of Lincoln; the R. B. Beaumont Co., manufacturers and of jellies, of Rutherford, N. J., New York city; Baker & Bissell, hard- the ware dealers, Sioux City, Ia., and Buckeye Cycle Co., Cincinnati. Wm. Cook, a railroad section foreman at Pemberville, Ohio, while in drunken condition yesterday, made murderous assault upon his four children with a mattock handle. The crazy father picked one of the children up inand dashed him against the wall flieting injuries that will prove fatal. die. Two or more of the children will Lynch law is strongly talked of. The Louisville Southern bondholders at a meeting yesterday decided to abandon their attempt to procure better Morterms for the road in the Drexel, gan & Co. re-organization of the Richmond Terminal system. They voted to accept the offer of the re-organiza- their tion committee and surrender of first mortgage bonds for 70 per cent. bonds new second or third mortgage and 30 per cent. preferred stock. Prof. John B. Stephenson, for five superinteudent of the public years schools of Brooklyn, Mich., and one of the foremost citizens of Jackson county, has eloped with Miss Ida Culver, pretty young woman of 22 years of Before age. The professor is 55 years old. going away he turned all his real estate inover to his wife, at the same time forming her that she would never see him again. He has a family of grown children. The pair have been traced to Chicago. Sturges T. Dick, cashier, and son of J. of founder of the banking house the R. Dick & Co., committed suicide in his bed room, in Meadeville, Pa., at 6:30 in o'clock this morning. His wife was shot. adjoining room and heard the an Her husband was dead before she could reach him. Mr. Dick was fifty of age. There has been a slight few years run on the bank during the past days. It is thought that this trouble, his together with the condition of health, was the cause of the self murder. Amelia Berg, the German girl who puts trained tigers through their performances at a menagerie on Midway Plaisance at the Chicago fair, was badly hurt last night by a new tiger. She rastrying to make the brute sit on a stool, and when he refused she tried drag him by the forepaws. He was The too heavy and the girl slipped and fell. and tiger leaped upon her with a flash him before the attendants could drive he had lacerated the girl's right Berg thigh away in a fearful manner. Miss alcarried away unconscious and be though was not fatally injured will not two able to walk for six weeks or months. of crickets has invaded vegetation. Wyoming An is army stripping the country of all and crickets never smin of country about
Click image to open full size in new tab
been masquerading as Frank Blunt. Her arrest at Milwaukee revealed her identity. GEORGE SHIRLEY, engineer, and Brakeman Brookbank were mortally wounded in a freight wreck at Henryville, Ind. TILLIE WILLIAMS. Otto Reineck and Annie Watson, a noted Chicago gang 01 thieves, were sentenced at Denver to ten years each in the penitentiary. WILLIAM SHANNON and Thomas Craig, two well-known explorers, were drowned by the capsizing of their boat in Rainy lake, Minnesota. THE Indianapolis servant of the Koes ters, Anna Wagner, has been indicted for poisoning five of the family. AT the age of 110 years James McCormick died at Darwin, Ill. THE sudden death of Gen. W. H. Enochs, congressman from the Tenth district of Ohio, occurred at his home in Ironton. THE doors of the Nebraska savings bank at Lincoln were closed with liabilities of $100,000. J. K. ARMSTRONG, of Tipton, O., county treasurer, was said to be short $25,0000 in his accounts. FLAMES nearly wiped out the business section of Luckey, O., the loss being $100,000. IN session at Nashville, Tenn., the National Retail Clerks' union decided to make Chicago their permanent headquarters and elected F. P. Fitzwilliams of Nashville. as president. IN Detroit H. C. Meyer was arrested, charged with poisoning no less than five young women-each of whom he represented as his wife-and one man, for the purpose of securing life insurance which he had taken out on their lives. IN Chicago six deaths from sunstroke and a large number of serious cases of prostration were reported on the 14th. AT Tacoma, Wash., the United States grand jury indicted President Van Horne, of the Canadian Pacific railroad, and all the other leading officials for violating the interstate commerce law. ,IN a railway wreck at Vincennes, Ind., five Knights of Pythias were injured. one of them fatally. JOHN H. CHAPMAN, of Chicago, was reelected president at the annual meeting in Indianapolis of the Baptist Young People's Union of America. N. M. TABOR and W. H. Bush, lessees of the Brown Palace hotel in Denver, made an assignment with liabilities placed at $650,000. THE local directory of the World's Columbian exposition by a vote of 24 to 4 passed resolutions rescinding the action of the meeting of May 16 and ordered the gates closed on all Sundays after the 16th By a cyclone which passed over Stillwater, Minn., and vicinity two persons were killed, over a dozen injured and much property destroyed. DURING a battle with French gunboats on the Meinam river twenty Siamese were killed and fourteen wounded. HAY & WEBB'S bank at Carmi, III., made a general assignment with liabilities of $176,000 and assets of $216,000. THE world's fair auditor in his report shows that the total receipts of the exposition up to June 30 were $21,251,316 and total expenses were $20,610,160. MARY SCHIREBER, aged 5, and Annie Geary, aged 18, were burned to death at their home in Port Clinton, O., by an explosion of gasoline. YOUNG-MAN-AFRAID-OF-His-HORSES the head chief of the Sioux nation of Indians, dropped dead at Newcastle, Wyo. THE Schleisinger syndicate at Ishpeming, Mich., the largest operators in ore in the world, weresaid to have failed with millions of liabilities. IN Wyoming an army of crickets was devastating every sort of vegetation. THE doors of the national bank of Kansas City, Mo., were closed with liabilitics of $1,000,000 and assets of $3,000,000. The failure caused the Franklin savings bank of the saine city to suspend. FOREIGN INTELLIGENCE. IN Mecca hundreds were dying daily
Click image to open full size in new tab
freight wreck at Henry. ville, Ind TILLIE WILLIAMS Otto Reineek and Annie Watson, a noted Chicago gang or thiev?s, were sentenced at Denver to ten years each in the penitentiary. WILLIAM SHANNON and Thomas Craig, two well-known explorers, were drowned by the capaising of their boat in Rainy lake, Minnesota THE Indianapolis servant of the Koes ters, Anna Wagner, has been indicted for poisoning five of the family. AT the age of 110 years James McCormick died at Darwin, III. THE sudden death of Gen. W. H. Enochs, congressman from the Tenth district of Ohio, occurred at his home in Ironton. THE doors of the Nebraska savings bank at Lincoln were closed with liabilities of $100,000. J. K. ARMSTRONG, of Tipton, O., county treasurer, was said to be short $25,0000 in his accounts. FLAMES nearly wiped out the business section of Luckey, O., the loss being $100,000. IN session at Nashville, Tenn., the National Retail Clerks' union decided to make Chicago their permanent headquarters and elected F. P. Fitzwilliams of Nashville, as president. IN Detroit H. C. Meyer was ar. rested, charged with poisoning no less than five young women-each of whom he represented as his wife-and one man, for the purpose of securing life insurance which he had taken out on their lives, IN Chicago six deaths from sunstroke and a large number of serious cases of prostration were reported on the 14th. AT Tacoma, Wash., the United States grand jury indicted President Van Horne, of the Capadian Pacific railroad, and all the other leading officials for violating the interstate commerce law. IN a railway wreck at Vincennes, Ind., five Knights of Pythias were injured. one of them fatally. JOHN H. CHAPMAN, of Chicago, was reelected president at the annual meeting in Indianapolis of the Baptist Young People's Union of America. N. M. TABOR and W. H. Bush, lessees of the Brown Palace hotel in Denver, made an assignment with liabilities placed at $650,000. THE local directory of the World's Columbian exposition by a vote of 24 to 4 passed resolutions rescinding the action of the meeting of May 16 and ordered the gates closed on all Sundays after the 16th. By a eyclone which passed over Stillwater, Minn., and vicinity two persons were killed, over a dozen injured and much property destroyed. DURING a battle with French gunboats on the Meinam river twenty Siamese were killed and fourteen wounded. HAY & WEBB'S bank at Carmi, III., made a general assignment with liabilities of $176,000 and assets of $216,000. THE world's fair auditor in his report shows that the total receipts of the exposition up to June 30 were $21,251,316 and total expenses were $20,610,160. MARY SCHIREBER, aged 5, and Annie Geary, aged 18, were burned to death at their home in Port Clinton, O., by an explosion of gasoline, the head chief of the Sioux nation of Indians, dropped dead at Newcastle, Wyo. THE Schleisinger syndicate at Ishpeming, Mich., the largest operators in orein the world, weresaid to have failed with millions of liabilities. IN Wyoming an army of crickets was devastating every sort of vegetation. THE doors of the national bank of Kansas City, Mo., were closed with liabilities of $1,000,000 and assets of $3,000,000. The failure caused the Franklin savings bank of the same city to suspend.
Click image to open full size in new tab
Nebraska Savings Bank Suspends. OMAHA, Neb., July 15.-The Bee's special from Lincoln saysthe Nebraska Savings bank of that city was taken charge of by the state banking dboar. It has deposits of about $100,000. was embarrassed some months ago by the failure of the Capitol national bank, but secured an extension from its creditors. Failing to realize on securities the directors voluntarily assigned.
Click image to open full size in new tab
banner year. The other houses are not so enthusiastic in their utterances, but all agree that the grocery trade has not been seriously affected by the general depression. Collections have been a little off for the week, though they average well for the month. "I was very much surprised to learn from the credit man of one of the great packing houses in this city, which does a business of $16,000,000 in a single year, that their losses from bad bills up to the present year have been less than one-twentieth of 1 per cent. Tne present year may not show up so well, but the percentage of loss is so small as hardly to be worth considering. It IS perhaps proper to say that this house is a large patron of the agencies devoted to the work of reporting on credits of all classes of dealers. "Dry goods houses all report good trade. Hardware men are well satisfied. Clothing houses report an improvement and shoe men call trade fair. In other lines the situation is not at all bad, though they are not boasting of any increase of sales. "In retail circles the feeling is better, but trade is really not very much improved, except in the retail clothing stores and among dealers in necessities. "Banks report deposits slowly increasing and the demand for money from their customers not extraordinary. While not proclaiming it from the house tops, they are not refusing good loans. The important event in banking circles for the week was the reopening of the McCague Savings bank on Thursday. As this is the first, savings bank in the state to reopen after a suspension and its showing of resources being very gratifying, the management is recelving the very warm congratulations to which it is entitled. It was a herculean task and its success deserves special comment. "The state banking board has done a good thing for the state by calling down the Washington authorities for making misleading statements in regard to the number and extent of the fatalities among the state banks during the present year. The Washington statement is intended to give the impression that thirty-five state banks have practically failed in Nobraska since January 1, whereas, as a matter of fact, not more than six, and in all probability not more than four, can properly be classed as failures. The mistake of the authorities is in classing all suspensions as failures, whereas several have been trans. ferred, others went into voluntary liquidation and still others have been consolidated. The only state banks now in the hands of receivers in the state are the State bank at Cortland, the Farmers & Merchants bank at Elk Creek, State bank at Franklin, Nebraska Savings bank of Lincoln, American Savings bank of Omaha, Holt County bank, State bank of Plainview, Farmers State bank of Schubert, Dickinson's bank of Wahoo and Farmers and Merchants bank of Bassett. Of these it is believed all but six, and possibly all but four, will pay out in full, if not resume. Of the six national banks which suspended only two can be classed as failures and three have already resumed. The other will probably get on its feet within a month.