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An Iowa Bank Closed. OSCEOLA, Ia, Nov. 23-The Osceola bank closed Wednesday afternoon and is in the hands of a receiver. The capital was $25,000. There is said to be $90,000 on deposit with only $3,000 in the vault. It is rumored that the president has been speculating in wheat. The bank was supposed to be on an exceptionally strong footing.
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The Iowa Bank Failure. THE BEGINNING OF A SUIT AGAINST IT BY THE STATE THE IMMEDIATE CAUSE. CHICAGO, Nov. 24.-A dispatch from Des Moines, Iowa. says: It seems that the immediate cause of the suspension of the Osceola bank was the commencement of a proceeding by the attorney-general for failure to report its condition to the auditor of state as required by law. Judge Harvey appointed Capt. Nix, of Afton, receiver, and the work of ascertaining the assets and liabilities of the institution is now under way.
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An Iowa Bank in Tronble. OSCEOLA, Ia., Nov. 24.-The Osceola bank has closed and is in the hands of a receiver. The capital was $75,000. There is said to be $90,000 on deposit with only $3,000 in the vault. It is rumored that the president has been speculating in wheat. The bank was supposed to be on an exceptionally strong footing.
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Would Not Bear Inspection. Special to the Globe. DES MOINES, Io., Nov. 23.-It seems that the immediate cause of the suspension of the Osceola bank was the commencement of a proceeding by the attorney general for failure to report its condition to the auditor of state, as required by law. Judge Harvey appointed Capt. Nix, of Afton, receiver and the work of ascertaining the assets of the institution is now under way, but is progressing slowly.
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The Iowa Bank Failure. THE BEGINNING OF A SUIT AGAINST IT BY THE STATE THE IMMEDIATE CAUSE. CHICAGO. Nov. 24.-A dispatch from Des Moines, Iowa, says: It seems that the immediate cause of the suspension of the Osceola bank was the commencement of a proceeding by the attorney-general for failure to report its condition to the auditor of state as required by law. Judge Harvey appointed Capt. Nix, of Afton, receiver. and the work of ascertaining the assets and liabilities of the institution is now under way.
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VALPARAISO'S FUGITIVES. Money Raised on Bogus Mortgages and Other Worthless Paper. CHICAGO, Nov. 24.-A special dispatch from Omaha, Neb., says: "As the examination of affairs of F. A. Scoville and G. A. Crafts, the absconding Valparaiso bankers, progresses, it becomes evident that their swindling operations have been carried on in a systematic manner for some time. Several more crooked transactions have come to light. Among them is the forging of notes and mortgages to the extent of more than $20,000. To one ,of these for $9,000 was forged the name of J. L. Magee of Valparniso and was on property which Magee had never owned or claimed to own. The mayor's name was forged to another for $1,500, also on property which belonged to other parties. In both of these cases the mortages were made in Scoville's favor and were negotiated by him. He also executed forged instruments to several citizens of this county in various amounts, all on property to which he never had a shadow of title. "Scoville is about 37 years old. He was a member of the lower house of the Nebraska legislature in 1885-'86 from Saunders county, and has always been regarded as an upright business man, and stood high in the community. "Crafts, the cashier, was about 23 years of age, rather small in stature, dark complexioned, and wore a small, dark mustache. It is thought that the men have gone to Canada." OSCEOLA'S BANK CRASH. DES MOINES, IA., Nov. 24.-It seems that the immediate cause of the suspension of the Osceola bank was the commencement of a proceeding by the attorney general for failure to report its condition to the auditor of the state, as required by law. Judge Harvey appointed Capt. Nix of Afton receiver, and the work of ascertaining the assets and liabilities of the institution is now under way.
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Osceota Bank suspension. By telegraph to the Dispatch.) Dies MOINES, IA., November 24.-It seens that the immediate cause of the suspension of the Osceola Bank was the commencement of proceedings by the Attorney- General for failure to report its condition to the Auditor of the State as required by law. Judge Harvey appointed Captain Nix, of Afton, receiver, and the work of ascertaining the assets and habilities of the Institution is now under way.
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Bank Failure in Iowa. OSCEOLA, Ia., Nov. 23.-The Osceola Bank closed Wednesday afternoon, and is in the hands of a receiver. The capital was $25,000. There is said to be $90,000 on deposit with only $3,000 in the vault. It is rumored that the president has been speculating in wheat. The bank was supposed to be on an exceptionally strong footing.
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THE recent failure of the firm of Feador & Owsanikoff, in St. Petersbug, has caused the failure of two firms at Moscow and six at Odessa THE finest street pageant ever witnessed in Charleston, S. C., was the trades display, on the night of the 21st, given as a feature of the gala week. ON the 20th All-Saints Episcopal Cathedral, at Albany, N. Y., was dedicated, with imposing ceremonies. Bishop Potter of New York preached the sermon. SUBSCRIPTIONS to the inaugural guarantee fund reached $25,000 on the 20th. ON the 23d the Woman Suffrage Association convention at Cincinnati adjourned. IN order to meet experses proposed to fix the price of tickets to the inaugural ball at ten dollars-double the amount heretofore prevailing. ON the 21st the thermometer registered eight degrees below zero at Montreal, Can. A GERMAN gendarme, it is reported, arrested a French employe of the Avicourt railway station while working in his own garden on German territory, on the 19th. DESPITE the complaints of Switzerland the German Government has discontinued the customs office at Lucelle, between Alsace and Jura Bernoise, intending to establish forts there should France endeavor to penetrate Alsace from that direction. IT is reported that the whole plan of the blockade of Zanzibar has been changed so as to include the entire coast. is that be THE it will opinion necessary prevalent to hold in Germany another election for members of the Reichstag next autumn. GREAT excitement and much rioting, in people in particularly came collision Belgrade, with where elections the the soldiery several times, attended the for members of the Servian Skuptschine, on the 21st. Many persons were injured, some of them seriously. ABOUT half the land owned by the late Joshua Jones, west of Central Park, New York City, has been sold at auction by the executor of the estate, and realized about two million dollars. The property was bought by Mr. Jones' father, in 1808, for less than three thousand dollars. THE Osceola (Ia.) Bank closed on the 22d, and was placed in the hands of a receiver. The capital was $25,000. There is said to be $90,000 on deposit. with only $3,000 in the vault. THE last (twenty-second) volume of the Tenth census report has been issued. In addition there are two volumes of compendium of the census. ON the 22d the New York State Board of Arbitration met to investigate the recent street-railway strike in Brooklyn. TEN Brooklyn policemen who refused to remove obstructions from car tracks during the recent street-car riot were fined ten days' pay each and also cautioned that a repetition of such an offense would result in dismissal. ON the 23 Canadian Pacific shares were pressed for sale in London, on rumors that a branch is to be built to Detroit, Mich. THE Journal de St. Petersbourg denies that a secret treaty has been entered into with Corea, but admits that Corea has granted to Russia facilities for trade across the frontier. ON the 23d, by a cave-in near Wilkesbarre, Pa., the water supply of the city was suddenly cut off, and a large mine was submerged, from which the miners barely escaped with their lives. INDIAN AGENT JOHN BLAIR states that the Chippewas are slowly becoming extinct. THE Gate City Guards of Atlanta, Ga., bale new Foot have Governor's sent a of Guard cotton of Hartford, to the Conn., for the benefit of their armory fair. THE project for the consolidation of the Cuban it is prove a on account failure, debt, believed, of the different will opinions entertained on the subject by the ministers at Madrid. DURING the month of October 40,365 immigrants came to this country, against 44,166 in October, 1887. Germany furnished the greatest number, 10,166: Eugland and Wales, 7,477; Ireland, 5,530; Sweden and Norway, 4,250; Italy, 2,785, and Scotland, 2,094. IT is reported that the Woolen Goods Association of New York will petition Congress to class worsted importations with woolen cloth. IMPROVED machinery is being imported into Cuba, with the object of increasing the sugar-production of the next cane crop. DURING October exports of merchandise aggregated in value $74,714,495, against $76,033,439 in October, 1887. Imports for the month were valued at $66,234,653, against $60,963,257 in October, 1887.
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MISCELLANEOUS. O.F. ADAMS, city treasurer of Macon. Ga., is reported as being about $20,000 short in his accounts. He has been suspended from office. THE fourth annual convention of the National Editorial Association was held in San Antonio Tex., on the 21st. Delegates were precent from almost every State in the Union. President M. B. White, of West Virginia, delivered the address. EVICTIONS on the Des Moines river lands in Iowa commenced on the 20th. A farmer named Boyington resisted desperately, but was overpowered by the Federal officers. WHILE running thirty miles an hour the head car of a passenger train on the Bloomsberg & Sullivan railroad jumped the track recently near Wilkesbarre, Pa., rolled down the embankment and caught fire and the twenty-five passengers, many of whom were slightly hurt, were rescued by being taken out of the windows. THE Kansas City & Southern has issued a notice that it will be opened for business on and after December 1. AT a fire in a tenement on Eleventh street, New York, recently Mrs. Mary Lally was burned to death. She was found near a window out of which she had attempted to escape. PETROLEUM exploded on a schooner at Bristol, England, recently. Three men were killed. THERE were rumors, recently that W. B. Strong, president of the Atchison, Topeka and Santa Fe, would resign. THE Osceola (Iowa) Bank closed its doors on the 22d. THE German Reichstag reassembled on the 22d. Emperor William opened the session in person. ADVICES from Samoa say that Mataafa's followers attacked a stronghold held by the adherents of Tamasese at Nata, November 8, and succeeded in capturing the outposts after two days' fighting. Many of the combatants were killed. DETECTIVES think that General R. H. Biggar, of Atlanta, Ga., was first murdered in the hotel at Chattanooga, Tenn., by a negro, who then set the building on fire. The negro has been arrested with Biggar's money and property in his possession. IT is said that peace has been restored in Hayti, the so-called rebels having run out of cash.
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MISCELLANEOCS O.F. ADAMS, city treasurer of Macon. Ga., is reported as being about $20,000 short in his accounts He has been suspended from office. THE fourth annual convention of the National Editorial Association was held in San Antonio Tex, on the 21st. Delegates were precent from almost every State in the Union. President M. B. White, of West Virginia, delivered the address. EVICTIONS on the Des Moines river lands in Iowa commenced on the 20th. A farmer named Boyington resisted desperately, but was overpowered by the Federal officers. WHILE running thirty miles an hour the head car of a passenger train on the Bloomsberg & Sullivan railroad jumped the track recently near Wilkesbarre, Pa., rolled down the embankment and caught fire and the twenty-five passengers, many of whom were slightly hurt, were rescued by being taken out of the windows. Tax Kansas City & Southern has issued a notice that it will be opened for business on and after December 1. Ar a fire in a tenement on Eleventh street, New York, recently Mrs. Mary Lally was burned to death. She was found near a window out of which she had attempted to escape. PETROLEUM exploded en a schooner at Bristol, England, recently. Three men were killed. THERE were rumors recently that W. B. Strong. president of the Atchison, Topeka and Santa Fe, would resign. THE Osceola (Iowa) Bank closed its doors on the 22d. THE German Reichstag reassembled on the 23d. Emperor William opened the session in person. ADVICES from Samoa say that Mataafa's followers attacked a stronghold held by the adherents of Tamasese at Nata, November 8, and succeeded in capturing the outposts after two days' fighting. Many of the combatants were killed. DETECTIVES think that General R H. Biggar, of Atlanta, Ga., was first murdered in the hotel at Chattanooga, Tenn., by a negro, who then set the building on fire. The negro has been arrested with Biggar's money and property in his possession. Ir is said that peace has been restored in Hayti, the so-called rebels having run out of cash.
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Bank Fa lure in Iowa. OSCEOLA, Ia., Nov. 23.-The Osceola Bank closed Wednesday afternoon, and is in the hands of a receiver. The capital was 25,000. There is said to be $90.000 on depos.t with only $3,000 in the vault. It is rumored that tue president has been speculat ng in wheat. The bank was supposed to be on an exceptionally strong footing.
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MISCELLANEOUS. GREAT excitement and much rioting, particularly in Belgrade, where the people came in collision with the soldiery several times, attended the elections for members of the Servian Skuptschine, on the 21st. Many persons were injured, some of them seriously. ABOUT half the land owned by the late Joshua Jones, west of Central Park, New York City, has been sold at auction by the executor of the estate, and realized about two million dollars. The property was bought by Mr. Jones' father, in 1808, for less than three thousand dollars. THE Osceola (Ia.) Bank closed on the 22d, and was placed in the hands of a receiver. The capital was $23,000. There is said to be $90,000 on deposit, with only $3,000 in the vault. THE last (twenty-second) volume of the Tenth census report has been issued. In addition there are two volumes of compendium of the census. ON the 22d the New York State Board of Arbitration met to investigate the recent street-railway strike in Brooklyn. TEN Brooklyn policemen who refused to remove obstructions from car tracks during the recent street-car riot were fined ten days' pay each and also cautioned that a repetition of such an offense would result in dismissal. ON the 23 Canadian Pacific shares were pressed for sale in London, on rumors that a branch is to be built to Detroit, Mich. THE Journal de St. Petersbourg denies that a secret treaty has been entered into with Corea, but admits that Corea has granted to Russia facilities for trade across the frontier. ON the 23d, by a cave-in near Wilkesbarre, Pa., the water supply of the city was suddenly cut off, and a large mine was submerged. from which the miners barely escaped with their lives.
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ELECTRIC SPARKS Fires And Casualties. THE plant of the Ft. Wayne, Ind., Jenny Electric Light company burned. Loss, $250,000. Two bank failures are reported-the State Bank, at Valparaiso, Neb., and the Osceola Bank of Osceola, Iowa. THE late storm thai swept the Atlantic moust, proved very destructive to life and property. THE principal bank of Osceola, Iowa, has suspended. Of $90,000 of deposits only $3,000 was found in the vaults. The president speculated in wheat. 6BALTIMORE, Maryland.-A fire destroyed the busines part of Pocomoke City, Wor cester county. The loss is nearly $550,000, THOMAS A. EDISON was thrown from a mrriage "by a runaway team at Menlo Park, New Jersey, Monday, and slightly bruised. The coachman was badly hurt and one horse was killed. A TERRIFIC gale, accompanied by snow, rain and sleet, swept the Atlantic coast region. Much damage to shipping is reported. In New England the snow-drifts interfere with travel. The storm continues. THE losses caused by the storm at Atlantic City, N. J., are greater than has been experienced since the incorporation of the city. Scores of photographers and artists are sketching the ruins. AT Rossville, Ill., Tuesday morning, the three-story brick school-house worth $20,000, was burned to the ground. There has an insurance of $10,000, divided be. tween the Home of New York and the Germania of Peoria. LINCOLN, Neb.-The failure of the State bank of Valparaiso, which occurred Tuesday, 18 even more serious than was at first anticipated. The unsecured liabilities run up to something like $100,000 and many eastern firms are sufferers. It is supposed that Scoville and Crafts, proprietors, have skipped for Canada. Scoville's family is left penniless. AT noon Wednesday the employes in the various breweries of New York were interrogated as to whether they wonld quit the union. All answering in the affirmative were retained; those expressing loyalty were discharged. About 15,000 men were thrown out of employment. A great army of workmen at once presented themselves for the vacant places. Trouble is feared, but the police are still masters of the situation.
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Charged With Crookedness. DES MOINES, Ia., Jan. 7.-[Special Telegram to THE BEE.]-George H. Cowles, exvice president and manager of the Osceola bank, now in the hands of a receiver, has been arrested, charged with crookeduess, and has been bound over in $3,000 bonds for his appearance. At the conclusion of the trial Justice Trent held him in bonds of $5,000 for his appearance at the next term of court.