426101173 42610
national
346371677a1e0ea3None
Click image to open full size in new tab
Suspension at Benton Harbor, Mich. Mr. Coffin, acting controller of the currency, received telegram this morning announcing the suspension of the First National Bank of Benton Harbor, Mich. The information came from Examiner Geo. B. Caldwell, who is in charge. The bank has a capital of $50,000, a surplus of $6,000, and its liabilities are $90,000.
Click image to open full size in new tab
BANK SUSPENDS. Benton Harbor,, Mich., Sept. 18.The First National bank, this city, did not open for business today and National Bank Examiner Caldwell is in charge. About $90,000 is due the depositors and it is generally believed that 75 per cent. will be about as much as will be realized. The sus pension in not wholly a surprise.
Click image to open full size in new tab
Bank Failure. BENTON HARBOR, Mion., Sept. 18. -The first national bank of this city did not open for business this morning and National Bank Examiner Geo. B. Caldwell of Detroit, is in charge. About $90,000 18 due depositors and it is generally believed that seventy-five per cent will be about as much as will be realized. The suspension is not wholly a surprise. Deposits have decreated about $50,000, with a surplus of $40,000. James Bailey, cashier, makes DO statement excepting that in His opinion depositors will be paid in full. There 18 a crowd of anxious de. positors about the door. They attribute the bank's embarrassment ehiefly to bad loans.
Click image to open full size in new tab
Its Doors Closed as the Result of Speculation. BENTON HARBOR, Mich., Sept. 18. -The First National bank of this city did not open for business today, and National Bank Exminer George B. Caldwell, of Detroit, is in charge. About $90,000 is due depositors and it is generally believed 75 per cent will be realized. The suspension was not wholly a surprise. Depositors have decreased about $50,000 the past three months. The bank's capital stock was $50,000, with surplus of $40,000. James Bailey, the ex-cashier, makes no statement, excepting that in his opinion depositors will be paid in full. Deposi-
Click image to open full size in new tab
Michigan National Bank Fails. Benton Harbor, Mich.. Sept. 1S.-The First National bank of this city did not open for business to-day. About $90,000 is due depositors, and it is generally believed about 75 per cent will be as much as will be realized. The suspension is not wholly a surprise. It is said to be due to wild speculation by a former cashier.
Click image to open full size in new tab
BRIEF BITS OF NEWS. The First national bank of Benton Harbor, Mich., has suspended. The Paris municipal council is debating a scheme to furnish cheap baths in small buildings erected on the sidewalks. The president has arranged to leave Washington early in the week for a short visit to Massachusetts as the guest of W. D. Plunkett at North Adams. The London county council has undertaken to reform or abate the noises in the streets of that city so far as the shouting of newspaper boys is concerned. The cablegram announcing the recall of Baron Fava has been verified. He is to be retired from active service and the
Click image to open full size in new tab
FINANCE AND TRADE. The First national bank of Benton Harbor, Mich., has suspended. Importation of hides from districts where anthrax exists will be prohibited. An advance of 50 cents a ton on Bessemer pig iron has occurred at Cleveland. It is reported from Chicago that the three great biscuit trusts have consolidated. Northwestern Miller's weekly review of the flour trade shows a very healthy condition. Silver has risen in price to 57 cents at New York, 6 cents above the low price of August. Crop bulletins show that the recent rains will benefit late corn and pastures in some localities. Seymour Brothers, grain brokers of New York, have assigned, with liabilities placed at a million.
Click image to open full size in new tab
Receiver for the Benton Harbor Bank. Washington, Sept. 22.-Coffin, acting comptreller of the currency, has appointed D. D. Ainger. of Lansing, Mich., receiver of the First National bank at Benton Harbor, Mich.
Click image to open full size in new tab
Benton Harbor Bank Fails. Benton, Harbor, Mich., Sept. 20.-The First National bank, of this city, did not open for business Saturday, and National Bank Examiner George B. Caldwell, of Detroit, is in charge. About $90,000 is due depositors, and it is generally believed that 75 per cent. will be about as much as will be realized. The suspension' was not wholly a surprise.
Click image to open full size in new tab
General Notes. Special to the Indianapolis Journal. WASHINGTON, Sept. 21.-Dr. A. H. Faith was to-day appointed a pension examining surgeon at Washington, Ind., and Dr. J. B. Webber was selected to serve in a similar capacity at Warsaw. To-day's statement of the condition of the treasury shows: Available cash balance, $216,468,334; gold reserve, $146,757,888. John M. Powell, of Lebanon, Ind., has been admitted to practice as an attorney for claimants before the Interior Department. M. A. Bowman was to-day appointed postmaster at Bowman, Pike county, Indiana, vice W. J. Richards, resigned. Controller Tracewell, who has been visiting his home at Corydon, Ind., was at his desk at the Treasury Department to-day. Mr. Tracewell brought his daughter back with him, and she will be started in the schools here. He expects to bring the rest of his family to Washington early in the fall. Mr. Coffin, acting controller of the currency, has appointed D. D. Ainger, of Lansing, Mich., receiver of the First National Bank at Benton Harbor, Mich. Mr. Ainger was formerly bank examiner of the Treasury Department and later was state bank commissioner of Michigan. The last Cabinet meeting before the President's departure was held to-day. Secretaries Gage and Long, who are out of the city, were the absentees, and Attorney General McKenna remained less than half an hour. So far as can be learned the Cuban situation was not under consideration.
Click image to open full size in new tab
NEWS OF THE WORLD BRIEF MENTION OF EVENTS AT HOME AND ABROAD. Record of Misfortunes, Mishaps and Crimes, as Well as of Industrial Progress. Yazoo City, Miss., has issued orders for a shotgun quarantine to be enforced against yellow fever. No trains are allowed to stop except to exchange mails at the quarantine stations. No passengers are allowed to leave the train at all, and all mail and express must be fumigated. Guards armed to the teeth are placed all along the county boundaries. The wheat crop of 1897 is moving seaward at a rate that is breaking all previous records. Within the past seven days five cargoes, totaling 481,737 bushels, value about $431,512, have cleared from Portland and are now on the way to England. A wreck on the Wabash at Keytesville, Mo., resulted in the death of four men-W. A. Geness, postal clerk, of St. Louis; W. Smith, fireman, of Moberly, Mo.; William Clark and Paul Street of Salisbury, Mo. Nine others were more or less painfully injured. Upon advices from United States Consul Pringle at Guatemala City to the effect that the revolutionists had captured the town of Ocas, on the west coast of Guatemala, the state department has called upon the navy department to send a warship there to watch over American interests, and the Alert, at Mare Island, Cal., has been ordered to the scene of the trouble. The democratic state committee of New York has refused to accede to the demand of the free silverites that the principles of the Chicago platform be reaffirmed. The committee met by authorization of the democratic state convention of last year to nominate a candidate for chief judge of the court of appeals. Alton B. Parker, of Kingston, was the choice of the committee. The nominee is said to De acceptable to Tammany hall and te ex-Senator David B. Hill and his following. Domestic exports for August were the largest of any August of which the bureau of statistics of the treasury department has any record. They were valued at $75,497,820, as against $66,689,981 in August, 1896, an increase of $12,807,939. For the eight months ended August 31, 1897, they amounted to $629,434,371, an The amount of imports during August amounted to $39,876,640. This is the smallest value since June, 1879, when they amounted to $38,890,451. It is estimated that the recent strike cost the people of Pittsburg district from $5,000,000 to $7,000,000. Of this amount the miners lost about $2,250,000 in wages. William L. Wilson, ex-postmaster general, has been installed in the office of president of the Washington and Lee university at Lexington, Va., in the presence of Governor Charles T. O'Ferrell and other distinguished guests. President Diaz opened the Mexican congress Thursday, reading his semi-annual message, covering the period since April. He said the country was at peace with all civilized nations and was gradually making more intimate ties with them. He noted the decision of the court of claims of Washington adversely to the La Abra claim, which had been pronounced fraudulent, and went on to consider the question of the proposed international dam. The business portion of Joplin, Ky., has been destroyed by fire. Loss $50,000, insurance about one-half that amount. M. F. Dwyer has sold his stallion Kingston to J. R. Keene for $25,000. The treaty of peace between Turkey and Greece was signed at Constantinople Saturday. The duchess of Marlborough, formerly Miss Consuelo Vanderbilt, has given birth to a son at Spencer house, the ducal London residence. The treaty of peace between the government and the insurgents was signed in Uruguay yesterday. The price of all kinds of food is rising steadily at Madrid, Spain, owing to the growing depreciation of silver and of paper currency. The First National bank of Benton Harbor, Mich., is in the hands of Bank Examiner Caldwell of Detroit. About $90,000 is due depositors. In his weekly report to the marine hospital service Sanitary Inspector Brunner at Havana says that for the week ending September 9 there were 326 deaths, of which 15 were from yellow fever, 29 from enteric or pernicious fevers, 34 from dysentery and 55 from enteritis. The United States consul at Amoy, China, says in a recent dispatch to the state department that the Chinese people prefer American cotton fabries, spinnings, flour, oils, canned goods and meats, and even buy them at higher prices than other importations can be had for.
Click image to open full size in new tab
per currency. Ferrouh Bey, councillor of the Turkish embassy at St. Petersburg, has been appointed Turkish minister to the United States in succession to Moustapha Tachsin Bey. The First National bank of Benton Harbor, Mich., is in the hands of Bank Examiner Caldwell of Detroit. About $90,000 is due depositors. In his weekly report to the marine hospital service Sanitary Inspector Brunner at Havana says that for the week ending September 9 there were 326 deaths, of which 15 were from yellow fever, 29 from enteric or pernicious fevers, 34 from dysentery and 55 from enteritis. The United States consul at Amoy, China, says in a recent dispatch to the state department that the Chinese people prefer American cotton fabrics, spinnings, flour, oils, canned goods and meats, and even buy them at higher prices than other importations can be had for. Jimmy Michael Saturday won the greatest cycling event ever run on any New England track. It was the international 25-mile race on the Charles River track, and was run in the fastest cycling time the world ever knew, covering the distance under 46 minutes. Anderson, Ind., reports that the American wire nail works, employing 700 men; the Lippincott lamp chimney works, in which 400 men are employed, and the Macbeth lamp chimney works, with a like number of men on its pay roll, have resumed in full blast after a shut-down of two and a half months. Captain Cota of the Twelfth infantry, who some time ago was condemned to death for insubordination for the killing of a major of his regiment in Sonora during the Yaqui rebellion, was shot in the City of Mexico Saturday. Detachments from all the garrisons were present.
Click image to open full size in new tab
CASTORIA. The facis OR similo every signature wrapper. of Benton Harbor Bank Fails. Benton, Harbor, Mich., Sept. 20.-The First. National bank, of this city, did not open for business Saturday, and National Bank Examiner George B. Caldwell, of Detroit, is in charge. About $90,000 is due depositors, and it is generally believed that 75 per cent. will be about as much as will be realized. The suspension was not wholly a surprise.
Click image to open full size in new tab
BRIEF MENTION OF EVENTS A' HOME AND ABROAD. Record of Misfortunes, Mishaps an Crimes, as Well as of Industrial Progress. The business portion of Joplin, Ky has been destroyed by fire. Loss $50,00 insurance about one-half that amount. M. F. Dwyer has sold his stallio Kingston to J. R. Keene for $25,000. The treaty of peace between Turke and Greece was signed at Constantinopl Saturday. The duchess of Marlborough, formerl Miss Consuelo Vanderbilt, has give birth to a son at Spencer house, the duca London residence. The treaty of peace between the gov ernment and the insurgents was signe in Uruguay yesterday. The price of all kinds of food is risin steadily at Madrid, Spain, owing to th growing depreciation of silver and of pa per currency. The First National bank of Bento Harbor, Mich., is in the hands of Ban Examiner Caldwell of Detroit. Abou $90,000 is due depositors. In his weekly report to the marin hospital service Sanitary Inspector Brur ner at Havana says that for the wee ending September 9 there were 32 deaths, of which 15 were from yellow fe ver, 29 from enteric or pernicious fever 34 from dysentery and 55 from enteriti The United States consul at Amoy China, says in a recent dispatch to th state department that the Chinese peopl prefer American cotton fabries, spinning flour, oils, canned goods and meats, an even buy them at higher prices than oth er importations can be had for. Jimmy Michael Saturday won th greatest eyeling event ever run on an New England track. It was the interna tional 25-mile race on the Charles Rive track, and was run in the fastest cyclin time the world ever knew, covering th distance under 46 minutes. Anderson, Ind., reports that the Amer ican wire nail works, employing 700 men the Lippincott lamp chimney works, i which 400 men are employed, and th Macbeth lamp chimney works, with like number of men on its pay roll, hav resumed in full blast after a shut-down o two and a half months. Captain Cota of the Twelfth infantry who some time ago - was ,condemned t
Click image to open full size in new tab
NEWS OF THE WORLD BRIEF MENTION OF EVENTS AT HOME AND ABROAD. € Record of Misfortunes, Mishaps and Crimes, BLN Well ns of Industrial Progress. Domestic exports for August were the € largest of any August of which the bureau of statistics of the treasury department has any record. They were valued at $75,497,820, as against $66,689,981 in August, 1896, an increase of $12,807,939. For the eight months ended August 31, 1897, they amounted to $629,434,371, an The amount of imports during August amounted to $39,876,640. This is the smallest value since June, 1879, when they amounted to $38,890,451. It is estimated that the recent strike cost the people of Pittsburg district from $5,000,000 to $7,000,000. Of this amount the miners lost about $2,250,000 in wages. William L. Wilson, ex-postmaster general, has been installed in the office of president of the Washington and Lee university at Lexington, Va., in the presence of Governor Charles T. O'Ferrell and other distinguished guests. President Diaz opened the Mexican congress Thursday, reading his semi-annual message, covering the period since April. He said the country was at peace with all civilized nations and was gradually making more intimate ties with them. He noted the decision of the court of claims of Washington adversely to the La Abra claim, which had been pronounced fraudulent, and went on to consider the question of the proposed international dam. The business portion of Joplin, Ky., has been destroyed by fire. Loss $50,000, insurance about one-half that amount. M. F. Dwyer has sold his stallion Kingston to J. R. Keene for $25,000. The treaty of peace between Turkey and Greece was signed at Constantinople Saturday. The duchess of Marlborough, formerly Miss Consuelo Vanderbilt, has given birth to a son at Spencer house, the ducal London residence. The treaty of peace between the government and the insurgents was signed in Uruguay yesterday. The price of all kinds of food is rising steadily at Madrid, Spain, owing to the growing depreciation of silver and of paper currency. The First National bank of Benton Harbor, Mich., is in the hands of Bank Examiner Caldwell of Detroit. About $90,000 is due depositors. In his weekly report to the marine hospital service Sanitary Inspector Brunner at Havana says that for the week ending September 9 there were 326 deaths, of which 15 were from yellow fever, 29 from enteric or pernicious fevers, 34 from dysentery and 55 from enteritis. The United States consul at Amoy, China, says in a recent dispatch to the state that the Chinese neenle
Click image to open full size in new tab
National Bank Changes The latest report of the comptroller of the currency, dated 27th September, 1897, gives the following, among other changes: National Bank Organized.-The Farmers' National bank of Vinton, Iowa: capital, $65,000; George Horridge, president; C. O. Harrington, cashier. Application to Organize National Banks Approved.-The Commercial National bank of Union City, Ind., with a capital of $50,000, by the following persons: James F. Rubey, William Kerr. Charles S. Hook. Chas. S. Hardy, Charles W. Tritt. The National bank of Ocean City, N. J., with a capital of $50,000, by the following persons: Chas. A. Collins. Josiah F. Jones, George E. Weiss, Robert Fisher, S. H. Mayberry, R. R. Sooy. Insolvent.-The First National bank of Benton Harbor, Mich., was on September 21. 1897, placed in the hands of Daniel B. Ainger, receiver.
Click image to open full size in new tab
BENTON HARBOR BANK. Its Doors Closed As the Result of Speculation. Benton Harbor, Mich., Sept. 18.-The First National bank of this city, did not open for business today, and National Bank Examiner George B. Caldwell, of Detroit, is in charge. About $90,000 is due depositors and it is generally believed 75 per cent will be realized. The suspension was not wholly a surprise. Depositors have decreased about $50,000 the past three months. The bank's capital stock. was $50,000, with surplus of $40,000.
Click image to open full size in new tab
Will Pay Dollar for Dollar. Benton Harbor, Nov. 11.-It - is given out that the depositors of the First national bank here, which was closed two years ago, will receive a very creditable Thanksgiving gift about November 30, when the last dividend of 20 per cent. will be paid. Gen. D. B. Ainger, receiver, is preparing the necessary papers to declare the dividend and it is expected that the authorities at Washington will instruct him to wind up the affairs of the bank at once. The dividend payment of the 20 pe it. for the dewill make 100 per positors.
Click image to open full size in new tab
Bank Pays All Its Debts. Washington, Dec.5.-The comptroller of the currency declared a sixth dividend. this time of 20 per cent., in favor of the creditors of the First National bank. of Benton Harbor. Mich. This makes in all 100 per cent. paid on claims proved. amounting to $81,243.31. It is likely that an interest dividend will also be paid by the receiver of this bank before the trust is closed.
Click image to open full size in new tab
# Will Be Paid in Full. Benton Harbor, Oct. 12. - Another big sale has been made here which insures the depositors of the First national bank that every dollar of indebtedness will be paid and also a nice little dividend will be realized. The First national bank was closed two years ago last month and under Receiver D. B. Ainger four dividends have been paid.