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BANK SHUT; TOO MUCH SURPLUS. Not Borrowers Enough to Lend To, and So This Nebraska Bank Quit. DAVENPORT, Neb., Sept. 24.-The State Bank of Davenport closed to-day. In the notice to the public the reason assigned was that it could not secure borrowers enough for its large surplus of deposits. It is said Nebraska banks have over 70 per cent. of their deposits in their vaults because of the great surplus in the State.
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The state bank of Davenport, Neb., has closed. A notice to the public was posted Saturday morning, and the cause assigned is that the bank couldn't find borrowers enough to keep its surplus employed. Let them come to Ocala; no trouble about "takers" here.
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Could Not Loan the Surplus. DAVENPORT, Neb., Sept. 25.-The state bank of Davenport closed yesterday. In the notice to the public the reason assigned was that it could not secure borrowers enough for its large surplus of deposits. Nebraska banks have over 70 per cent. of their deposits in their vaults because of the great surplus in the state.
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Wesley Nading, a grain merchant at Flat Rock, Ind., shot and killed his wife and then attempted suicide. No cause was known for the deed. The State Bank of Davenport, Neb., closed its doors because it could not secure borrowers for its deposits. In session at Columbus, O., the Sociëty of the Army of the Cumberland elected Gen. W. S. Rosecrans as president. Noah Johnson, the 22-year-old son of John F. Johnson, a farmer near Marion, Ind., shot and killed his sweetheart, Macie Mang, the 17-year-old daughter of Martin Mang. Jealousy was the cause. The state department has been notified that the Colombian government has suspended the export duty on coffee. Lieut. Peary. the explorer. said in Boston that he should start on his next polar expedition in the latter part of July, 1898, and that he would reach the north pole or lose his life in the attempt. The percentages of the baseball clubs in the National league for the week ended on the 24th were: Baltimore, .704; Boston, .703; New York, .638; Cincinnati, .571; Cleveland, .531; Brooklyn, .465; Washington, .460; Pittsburgh, .448; Chicago, .441; Philadelphia, .419; Louisville, .402; St. Louis, .218. The rye crop this season will be 25, 000,000 bushels-1,000,000 more than last year and 2,000,000 less than in 1895. Kaiser Wilhelm der Grosse, the new steamer of the North German line, made the trip from Bremen to New York in 5 days 22 hours and 45 minutes, making a, new record. At Hawesville, Ky., a mob of 800 men lynched Raymond Bushrod, a negro, accused of assaulting 14-year-old Maggie, Roberts. At Shamokin, Pa., Arthur W. May, aged 24, killed Cora Kaseman, aged 18, and then took his own life. Refusal of the parents of the girl to allow them to marry was the cause. Victor Anderson, a well-to-do farmer at Whiteside, Mich., killed his aged mother and himself. No cause for the deed was known. Mons Minson fatally shot two brothers named Peterson at Vincent, Ia., because they objected to his marrying their sister-in-law, and then killed himself. Severe earthquake shocks were felt in Maine at Belfast, Ellsworth, Bangor and several other towns. Terriblesuffering was reported among gold seekers on the Skaguay and Dyea trails in Alaska because of the setting in of winter. A strange disease is doing great damage to hogs in southern Kansas and they are dying by the hundreds. Reports of rich gold finds continue to come from the Michipicoten region on Lake Superior. The equalized valuation of the state of Michigan is $1,105,100,000. Five acres of buildings in Chicago comprising the works of the Chicago Bridge and Iron company were burned. In a political quarrel at Morrison, O. T., Peter Praxton and John Rambo killed each other.
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Could Not Loan the Surplus. DAVENPORT, Neb., Sept. 25.-The state bank of Davenport closed yesterday. In the notice to the public the reason assigned was that it could not secure borrowers enough for its large surplus of deposits. Nebraska banks have over 70 per cent. of their deposits in their vaults because of the great surplus in the state.
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Bank Closed by Idle Money. The State Bank of Davenport, Neb., has closed. in the notice to the public the reason assigned is that the bank could not secure borrowers for its deposits. It is said that Nebraska banks have over 70 per cent. of their deposits in their vaults.
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Why the Bank Failed. DAVENPORT, Neb., Sept. 25.-The State Bank of Davenport closed today. In the notice to the public the reason assigned was that it could not secure borrowers enough for its large surplus of deposits. Nebraska banks have over 70 per cent of their deposits in their vaults because of the great surplus in the state.
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Why the Bank Failed. DAVENPORT, Neb., Sept. 25.-The State Bank of Davenport closed today. In the notice to the public the reason assigned was that it could not secure borrowers enough for its large surplus of deposits. Nebraska banks have over 70 per cent of their deposits in their vaults because of the great surplus in the state.
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Could Not Loan the Surplus. DAVENPORT, Neb., Sept. 26.-The state bank of Davenport closed yesterday. In the notice to the public the reason assigned was that it could not secure borrowers enough for its large surplus of deposits. Nebraska banks have over 70 per cent. of their deposits in their vaults because of the great surplus in the state.
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Wesley Nading. a grain merchant at Flat Rock, Ind., shot and killed his wife and then attempted suicide. No cause was known for the deed. The State Bank of Davenport, Neb., closed its doors because it could not secure borrowers for its deposits. In session at Columbus, O., the Society of the Army of the Cumberland elected Gen. W. S. Rosecrans as president. Noah Johnson, the 22-year-old son of John F. Johnson, a farmer near Marion, Ind., shot and killed his sweetheart, Macie Mang, the 17-year-old daughter of Martin Mang. Jealousy was the cause. The state department has been notified that the Colombian government has suspended the export duty on coffee. Lieut. Peary, the explorer, said in Boston that he should start on his next polar expedition in the latter part of July, 1898, and that he would reach the north pole or lose his life in the attempt. The percentages of the baseball clubs in the National league for the week ended on the 24th were: Baltimore, .704; Boston, .703; New York, .638; Cincinnati, 571: Cleveland, .531; Brooklyn, .465; Washington .460; Pittsburgh, .448; Chicago. .441; Philadelphia, .419; Louisville, .402; St. Louis, 218. The rye crop this season will be 25,000,000 bushels-1,000,000 more than last year and 2,000,000 less than in 1895. Kaiser Wilhelm der Grosse, the new steamer of the North German line, made the trip from Bremen to New York in 5 days 22 hours and 45 minutes, making a new record. At Hawesville, Ky., a mob of S00 men lynched Raymond Bushrod, a negro, accused of assaulting 14-year-old Maggie Roberts. At Shamokin, Pa., Arthur W. May, aged 24, killed Cora Kaseman, aged 18, and then took his own life. Refusal of the parents of the girl to allow them to marry was the cause. Victor Anderson, a well-to-do farmer at Whiteside, Mich., killed his aged mother and himself. No cause for the deed was known. Mons Minson fatally shot two brothers named Peterson at Vincent. la., because they objected to his marrying their sister-in-law, and then killed himself. Severe earthqüake shocks were felt in Maineat Belfast, Ellsworth. Bangor and several other towns. Terriblesuffering was reported among gold seekers on the Skaguay and Dyea trails in Alaska because of the setting in of winter. A strange disease is doing great damage to hogs in southern Kansas and they are dying by the hundreds. Reports of rich gold finds continue to come from the Michipicoten region on Lake Superior. The equalized valuation of the state of Michigan is $1,105,100,000. Five acres of buildings in Chicago comprising the works of the Chicago Bridge and Iron company were burned. In a political quarrel at Morrison, O. T., Peter Praxton and John Rambo killed each other.