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CONDENSED TELEGRAMS. The Citizens' bank, Connersville, Indiana, owned bv ex-United States Treasurer Huston, failed to openits doors this morning owing to stringency. Liabilities and assets not made known, but it is said depositors will be paid in full. Llano, Texas, Improvement and Furnace company has gone into bands of a receiver. Liabilities $80,000; assets $1,000,000.
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EX-TREASURER HUSTON'S BANK. It Fails to Open Its Doors-Depositors, will be Paid. CONNORSVILLE, IND., July 24.-The Citizens' Bank, owned by ex-United States Treasurer Huston, failed to open its doors this morning-owing to the stringeacy. Liabilities and assets not yet made known. The depositors will, it is said, be paid in full. In au interview with ex-Treasurer J. N. Huston regarding the suspension of the Citizens' Bank, he said: "It 18 my misfortune. None of the depositors or creditors will lose a cent. My personal property will more than cover all liabilities, to say nothing about the real estate. It will not affect any of the industries in which I amAinterested in the least. The real cause of the suspension is the rumors that have been spread abroad that I was interested in foreign speculations and had lost heavily. There is nothing in the story, but it had the effect to scare quite a number of my depositors which left me in a crippled condition. The bank is my own individual property, and every dollar that I am worth will stand good for my liabilities. No one will lose anything. All that I ask is a little time and everything will be adjusted satisfactorily. I have been building up a business for twenty years here and always took pride in my honesty. Now I have the opportunity to show the people that I am honest. I want no one to lose anything, not even those who have been instrumental in bringing my misfortune about."
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PEOPLE AND PLACES. MUNICH, July 24.-The condition of King Otto of Bavaria is daily becoming worse. TACOMA, Wash.. July 24. - The Tacoma National bank did not open its doors this morning. PLAINVIEW, Neb., July 24. The Plainview State bank was robbed last night of $30,000 cash. and in consequence did not open its doors this morning. NEW YORK, July 24.-Henry Bach, wholesale clothing. No. 737 Broadway.with branches in Boston and Chicago, is financially embarrassed. His liabilities are over $100,000. CONNERSVILLE, Ind., July 24. The Citizens' bank. owned by ex-United States Treasurer Huston, has failed. No statement of assets or liabilities. Depositors will. it is said, be paid in full. WASHINGTON, July 24.-The treasury is informed that 15 persons, eight of them federal officials, have been indicted at Portland, Ore., for smuggling Chinese and opium into the United States. LOUISVILLE, Ky., July The Louis= ville City National bank suspended this afternoon. It has a capital of $400,000. It was impossible to realize on assets. Deposits received to-day will be returned. NEW YORK. July 21.-One hundred and twenty-eight thousand ounces of silver will be shipped to-morrow. Two hundred thousand dollars of gold arrived to-day from Europe and $270,000 from Havana. MANCHESTER, N. H., July 24.-The National Bank of the Commonwealth will suspend payment to-morrow. Its assets and liabilities about $625,000. The sus. pension of the New Hampshire Trust company precipitated this. SYRACUSE, N. Y., July 24.-The extensive manufacturing firm, Bradley & Co., went into a receiver's hands this afternoon. The firm manufactured trip hammers, wagons and fancy carriages and filters. The buildings and plant are valued at $500,000. The liabilities are about $350,000. DENVER, July 21. - Bank Examiner Lazar says: All the six suspended banks here have enough assets to resume in time and that a plan is on foot to get depositors to accept certificates of deposit payable in instalments giving them time to realize on their assets and prevent enforced liquidation. ASBURY PARK, July 21.-One hundred and forty members of the First brigade of the New Jersey National guard. now in camp at Sea Girt, are prostrated by some mysterious poison, the nature of which is not known. It may have come from OX+ alic acid gathesed in their tin cups. which had been stored since last summer. It is not thought that any of the men will die. WASHINGTON. July 24.-The grand jury found true bills against Col. Frederick C. Ainsworth, chief of record and pension division of the war department. George W. Dart. the contractor employed to make excavation for the electric light plant. W. E. Covert, superintendent, and Francis Casse. engineer. holding them responsible for the old Ford theater disaster last June in which 23 persons lost their lives, and a large number were injured.
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ONCERNING BUSINESS AND FINANCE. WASHINGTON, July 24.-Two hundred and eighty-six thousand ounces of silver were offered for sale to the Treasury Deartment to-day at prices ranging from 0.6975 to $0.750 per ounce, all of which were declined and $0.6960 tendered. New YORK, July 24.-Two hundred and twenty-eight thousand ounces of silver will be shipped out on the first steamer to-morrow. Two hundred thousand dollars in gold arrived to-day from Europe and $270,000 from Havana. The amount of clearing house certificates outstanding is $31,950,000, a small lot having been retired this morning. The demand for currency for shipment to interior at the principal banks and subtreasury was much smaller than expected. At the sub-treasury not an application had been received up to noon. Sterling exchange, if anything, is easier, but the market was so dull that it was difficult to give it a tone. The supply of bills was moderate, the mail receipts being smaller than generally looked for. CONNORSVILLE, IND., July 24.-The Citizens Bank, owned by ex-United States Treasurer Huston, failed to open its doors this morning owing to the stringency. Liabilities and assets not yet known. The depositors will, it is said, be paid in full. LOUISVIBLE, Kr., July 24.-The Louisville City National bank suspended payment at 1:20 lock this afterndon. The
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HUSTON'S FINANCIAL TROUBLE The Ex-Treasurer's Bank Compelled to Closo-Depositors will Not Lose. CONNORSVILLE, Ind., July 25.-The Citizen's bank of Connorsville, owned and controlled by Hon. J. N. Huston, ex-treasurer of the United States, closed its doors yesterday. The suspension created general surprise, and something of a panic ensued. When the notice was issued, stating that depositors would be paid in full, the excitement subsided, and a run on the other banks was averted. Mr. Huston says his liabilities will not exceed $150,000, while his assets will more than cover that amount. Mr. Huston attributes his failure to malicious and slanderous reports as to his being engaged in speculation, which caused uneasiness among his depositors, who made urgent demands for their money. Ex-Treasurer Huston said regarding the suspension of the bank: "It is my misfortune. None of the depositors or creditors will lose a cent. My personal property will more than coverall liabilities, to say nothing about the real estate. It will not affect any of the industries in which I am interested in the least. The bank is my own individual property, and every dollar that I am worth will stand good for my personal li. abilities. No one will lose anything. All that I ask is a little time and everything will be satisfactorily adjusted. I have been building up a business for twenty years hero and always took pride in my honesty. Now I have the opportunity to show the people that I am honest. I want no one to lose anything, not even those who have been instrumental in bringing my misfortune about."
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AN OFFICIAL'S BANK. Connersville, Ind., July 24.-The Citi zens' Bank, owned by ex United States Treasurer Huston, has failed. No state ment of assets or liabilities has been made. Depositors will, it is said, be paid in full. Huston says that none of the deposit ors or creditors will lose a cent, and that the cause of the suspension is a baseless rumor that he is interested in foreign speculations and has been losing heavily. All he asks is a little time.
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HUSTON'S FINANCIAL TROUBLE. The Ex-Treasurer's Bank Compelled to Close-Depositors Will Not Lose. CONNORSVILLE, Ind., July 25.-The Citizen's bank of Connorsville, owned and controlled by Hon. J. N. Huston, ex-treasurer of the United States, closed its doors yesterday. The suspension created general surprise, and something of a panic ensued. When the notice was issued, stating that depositors would be paid in full, the excitement subsided, and a run on the other banks was averted. Mr. Huston says his liabilities will not exceed $150,000, while his assets will more than cover that amount. Mr. Huston attributes his failure to malicious and slanderous reports as to his being engaged in speculation, which caused uneasiness among his depositors, who made urgent demands for their money. Ex-Treasurer Huston said regarding the suspension of the bank: "It is my misfortune. None of the depositors or creditors will lose a cent. My personal property will more than coverall liabilities, to say nothing about the real estate. It will not affect any of the industries in which I am interested in the least. The bank is my own individual property, and every dollar that I am worth will stand good for my personal li abilities. No one will lose anything. All that I ask is a little time and everything will be satisfactorily adjusted. I have been building up a business for twenty years here and always took pride in my honesty. Now I have the opportunity to show the people that I am honest. I want no one to lose anything, not even those who have been instrumental in bringing my misfortune about."
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MORE BANK FAILURES. I Comptroller's Office Kept Busy Today Keeping the fally. Indianapolis, Ind., July 25.-The Indianapolis National bank failed to open its doors this morning. The Bank of Commerce also suspended this morning. In Connersville, Ind. CONNERSVILLE, Ind.. July 25 -The liabilities of the Citizens bank which failed yesterday are $100,000. President Huston's total assets are about $500,000. In Kentucky. LOUISVILLE, Ky, July 25.-The Merchauts National bank sus ended payment this morning. No particulars. In Milwaukee. MILWAUKEE, Wis., July 25.-The Wisconsin Fire and Marine Insurance bank failed this morning. Cashier K eting of the defunct South Side bank has disappeared The general ledger is not among the effects of the institution. The president says that the missing cashier left the city Friday, making him (the president) a torney to convert his personal property amounting to $50,000 into cash for the bank. In Taylor County. MEDFORD, Wis., July 25.-The Taylor county bank has assigned, assets $16,000. liabilities unknown.
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HUSTON'S BANK COLLAPSES. The Ex-United States Treasurer Is Forced to Suspend. CONNERSVILLE, Ind., July 24.-The Citizens' bank, owned by ex-United States Treasurer Huston, has failed. No statement of assets or liabilities. Depositors will, it is said, be paid in full. Mr. Huston says none of the depositors or creditors will lose a cent, that his personal property will more than cover the liabilities, not to mention real estate; that it will not affect any industry in which he is interested; that the cause of suspension was baseless rumors that he was interested in foreign speculations and losing heavily. All he asks is a little time. Houstons enemies circulated malicious and slanderous falsehoods that he was speculating in Chicago margins. This coming about the time of great financial unrest made the business of the ex-United States treasurer's affairs very serious. Liabilities are about $150,000. Houston's total assets will reach near $500,000.
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Special to the RECORD-UNION. WASHINGTON, July 24.-The Treasury officers say the week opens with bright financial prospects, and they speak with confidence of the future. Many of the banks that failed within the past few days have taken the necessary steps to resume, and Comptroller Eckels is lending them all the aid possible. The First National Bank of Santa Ana, Cal., which resumed on Saturday, received in deposits $12,000, while the withdrawals amounted to only $6,000. This is regarded here as evidence that confidence has been practically restored on the Pacific Coast. AN INDIANA FAILURE. CONNORSVILLE (Ind.), July 24. - The Citizens' Bank, owned by ex-United States Treasurer Huston, has failed. There is no statement of assets or liabilities. The depositors will, it is said, be paid in full. Huston says that none of the depositors or creditors will lose one cent: that his personal property will more than cover the liabilities, not to mention his real estate; that it will not affect any of the industries in which he is interested, and that the cause of the suspension is baseless rumors. He is interested in foreign speculations, losing heavily. All he asks is alittle time. PRIVATE BANKERS CLOSE THEIR DOORS. CHICAGO, July 24.-Bradford & Church, private bankers, closed their doors without even posting a notice. Their whereabouts seem known only to themselves. The deposits are light, but gathered from a large number of poor people by a system of distributing small iron savings banks, which could only be unlocked at the bank, into which pennies and nickels were dropped and periodically taken to the bank for deposit. ANOTHER LOUISVILLE BANK. LOUISVILLE (Ky.), July 24.-The Louisville City National Bank suspended this afternoon. It has a capital of $400,000, and it was impossible to realize on the assets. The deposits received to-day will be returned. TACOMA BANK FAILS. PORTLAND (Or.), July 24.-Private messages from Tacoma state that the Tacoma National Bank failed to open its doors this morning. No statement is given. DENVER BANKS TO RESUME IN TIME. DENVER, July 24.-Bank Examiner Lazar says all the six suspended banks here have enough assets to resume in time, and that the plan on foot is to get depositors to accept certificates of deposits, payable in installments, giving them time to realize on the assets and prevent enforced liquidation. A HAPPY TURN. PITTSBURG, July 24.-The extensive iron and steel plant of Jones & Laughlins resumed in all its departments to-day after an idleness of several weeks. The steel, iron and finishers' scales of the Amalgamated Association were all signed. The resumption gives employment to 5,000 men.
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THE HUSTON BANK FAILURE. PLENTY OF ASSETS BUT NOT AVAILABLE AT PRESENT. CONNERSVILLE, July 24.-When the hour for opening arrived this morning the following notice was posted on the Citizens' bank: "To depositors: Finding it utterly impossible to make collections or to raise upon my assets, owing to the general monetary stringency now prevailing, I have concluded in the interest of all concerned, to suspend business. A statement is being prepared, which will set forth the assets and liabilities. I can assure depositors that evey claim against the bank will be paid in full with the least possible delay. In addition to the bank's assets, my entire estate, both real and personal, shall be held inviolate for the payment of every claim against the J. N. HUSTON." bank in full. To say that this suspension was a shock to the community would be putting it mildly, indeed. The bank was owned solely by Mr. Huston, and he has had the sole management of it for twenty years, building up a business creditable to himself and the community. The names of some 1,500 active depositors were on the books some weeks ago. Mr. Huston's enemies circulated malicious and slanderous falsehoods that he was speculating in Chicago margins. This coming about the time of the
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Other Bank Troubles. MEDFORD. Wis., July 25.-The Taylor County Bank. owned by Hartman and Matt. assigned yesterday for the benefit of creditors to F. L. Urquhart. The bank was the depository for county and city funds. Assets are given at sconded. $16,000. Herman Matt. the cashier. has abCONNORSVILLE, Ind., July 25.-The liabilities of the Citizens' Bank. which failed yesterday. are about $150,000. Mr. Huston's total assets will reach near $500.000. He holds more than enough collateral to liquidate the total indebtedness of the bank as soon as it can be realized upon. WASHINGTON, July 25.-Examiner Ford has been directed to assume charge of the failed Louisville City National Bank of Louisville, Examiner Escott of the failed Kentucky National Bank of Louisville, Examiner Young of the failed Indianapolis National Bank of Indianapolis. Examiner McDonald of the failed First National Bank of Orlanda. Fla., and Examiner Wilson of the failed Merchants' National Bank of Great Falls. Mon. The Comptroller of the Currency is advised that the Hutchinson National Bank of Hutchinson. Kan., which failed some time ago, is preparing to resume business. The First National Bank of Cisco. Tex., which suspended payment on the third instant. having complied with the conditions imposed by the Comptroller of the Currency. has been permitted to reopen its doors for business. The abstract of the condition of the national banks in Chicago. Ill., on July 12 last. shows the reserve to have been 30.6 per cent. The total lonns and discounts were $81,853,000: individual deposits. $66,000,000; surplus fund. $11,522,000, and gold and gold certificates. $12,500,000. The reserve for Detroit was 24.80, and for Minneapolis, 27.21 per cent.
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sion FIRE at Paulding, O destroyed the business part of the city Some thirty buildings were destroved The loss is $200,000. THE Merchants National Bank at Great Falls Mont. has suspended Over 870,000 in public funds are tied up in the bank. IT is stated that the Pennsylvania Railroad will use the long-distance telephonesinstead of the telegraph in hanlling trains. ED. MILLER and Amos Jefferson, both volored, quarreled over a game of eraps it Ottumwa, la. Miller shot Jefferson fatally and escaped. THE city of Managua. Nicaragua, has been bombarded by the revolutionists Minister Baker has sent a protest to the leaders of the revolution. Six HUNDRED unemployed men were fed at Denverb charitable people At the headquarters for unemployed, 1,000 men registered mone day THE Citizens' Bank at Connersville, Ind., owned by ex-United States Treasurer Huston, has failed. The assets are 500.000 and the liabilities $150,000 Officialadvie from Naples, received in Washington, state that cholera has appeared in the first-named city, holera also prevails in Senegal. Africa. a JACOB SUNDERLAND was running traction engine near Munie Ind.. when it went through a bridge He was scalded to death In the boiler's con tents GRESHAM denies that be will be a presidential candidate eyeland ill probably elevate him to the supreme bench INVESTIGATION shows that Shoemaker the killed the Lukens brothers at Me tropolis, III. did not commit suicide as reported. AT Friend Neb. Michael Kesler fired his son house in the hope of remating his wife, " the refused to sign mortgages Gov MARKH whas appointed ex-Gov George ( Perkins nited States sena for tosterced the late Leland Stanford, of California ANDREW SPEAR. negro living in Lima, 1.. shot his wife dead for talking. He then decamped with her body and has not been found THE heretofore thriving city of Pitts burg. Kas. contains 6,000 idle miners and has bee ruined by the strike urged on for political ends JoHN KRIDER a wealthy farmer was thrown from his wagon at Elkhart, Ind. and died later 111 the day of the injuries he received THE McKutchan carriage works at Princeton, III.. were burned to the ground. involving a loss of $20,000 and throwing out of employment over fifty men. DANIEL YOMINKLE well-known man of Chanderville, III.. drowned himself in the Sangation River at Virginia. No reason for his suicide is 1 nown LIEUT CLARK aged 30. son of Dr Mark of Baltimore, Md. was drowned at Fort Custer, Mont He was married about year ago, to Miss Elsie ( lemens, of St Louis OFFICERS of the Kansas Farmer's Alli ance have conceived the plan loaning wheat to destitute farmers until next year LETTER from the captain of the Alexandria totally disproves the rumor about the Mohican having been fired upon. LEE JONES of Indianapolis, convicted of the murder of Thomas Moody in 1872. has been pardoned by Gov. Mat thews. ARPER & BROTHERS hav cheen warned in secret service men not to portray government money on books published by them. CHARLES GREETON, year-old bicycle rider, was killed by falling over an embankment with his wheel near Lebanon. O THE engagement of Dr. Albert Shaw editor of the Review of Reviews, and Miss Bessie Bacon. of Reading Pa., is announced The jury at Fresno, Cal. in the case of Richard Heath. charged with the murder of L. B. MeWhirter, was unable to agree BANKER LITTLE, who killed Attorney Johnston at Kansas City Kas. has been held for murder in the first degree by a coroner's jury. Owing to the economical policy of the Nebraska legislature there are noappro priations to meet current expenses of state institutions Pessoxofficials in purging the rolls have ent off Supreme Judire Charles Dean Long. of Michigan, who lost an arm in the service THE steather Paris made the west ward run from Southampton to Fire Island in 16 days, 9 hours and 30 minutes breaking the record THIS Louis Wood and Pump Com pany has failed. ALL THE Banks at Gatherie, Ok., are experiencing runs. THE Yorktown has sailed from New York for the Pacific station Ix a fall from a scaffold at Elgin. III. Edward Dewel was fatally injured for A RECEIVER has been appointed Truth, the New York publication. THE Burlington Railroad decides on general reduction in its working force WILLIAM SCHW ARTZ because of domes tie trouble took poison at Decatur. III E. 11. TAYLOR, the Frankfort. Kv. distiller. made an assignment No figures. WELLS FARGO will establish bank in New York with a capital o Sweet Thesilves convention at Topeka, Kas is all but a failure. There is a scarcity of bigment THE First National Bank at Harrisot ville. Mo.. failed with $80,000 assets au $40,000 liabilities Miss WINNIE DAVIS is slightly ill Narragutsett Pier. but no apprehension is felt by her friends THE Hotel Vorcelli, at Boston has into the hands of an assignee The debts are $20,000 MRS W. HOLMES was buried a Mattoon III She was consin of John Bright English commoner. \ BOUT 1.00 boilermakers and helpers are off a strike at St. Louis for a nine
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cowboys resisted. A battle was fought. One cowboy was killed. LETTERS from men on the Mohican, mailed from Sitka, Alaska, set at rest all rumors about the vessel having been fired upon by the Alexandria. A BIMETALLIC mass meeting at Omaha was attended by 3,500 people. Addresses were made by Senator W. V. Allen and Congressman Bryan. A STATEMENT of the condition of the insolvent bank of W. F. Thornton & Sons, Shelbyville, III., shows assets of $713,399.16, with liabilities of $583,861.58. FRANCE, Italy, Switzerland, Belgium and Greece have agreed to exclude the 2½ franc silver piece from the international circulation of the Latin union. HALLIE ALDRICH, a pretty brunette aged 19, suicided at Omaha, Neb., by shooting in a fit of jealousy. SEVEN persons suffered broken limbs by falling boards and bricks during a wind storm at Lowell, Mass. MANY women are employed in the harvest fields near Macomb, Ill., and binders are running night and day. FIRE at Paulding, O., destroyed the business part of the city. Some thirty buildings were destroyed. The loss is $200,000. THE Merchants' National Bank at Great Falls, Mont., has suspended. Over $70,000 in public funds are tied up in the bank. IT is stated that the Pennsylvania Railroad will use the long-distance telephones instead of the telegraph in handling trains. ED. MILLER and Amos Jefferson, both colored, quarreled over a game of craps at Ottumwa, Ia. Miller shot Jefferson fatally and escaped. THE city of Managua, Nicaragua, has been bombarded by the revolutionists. Minister Baker has sent a protest to the leaders of the revolution. SIX HUNDRED unemployed men were fed at Denver by charitable people. At the headquarters for unemployed, 1,000 men registered in one day. THE Citizens' Bank at Connersville, Ind., owned by ex-United States Treasurer Huston, has failed. The assets are $500,000 and the liabilities $150,000. OFFICIAL advice from Naples, received in Washington, state that cholera has appeared in the first-named city. Cholera also prevails in Senegal, Africa.
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Bank to Resume. CONNORSVILLE, Ind., Dec. 1.-The Cit. izens' bank, of which ex- Treasurer J.N. Huston is president, will resume business December 4. The bank suspended July 23.
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Huston's Bank to Resume To-Morrow. Special to the Indianapolis Journal. CONNERSVILLE, Ind., Dec. 2.-Hon. J. N. Huston, president of the Citizens' Bank, that suspended during the stringency a few months ago, has issued a card to the public announcing the opening of the Citizens' Bank on Monday. The business will be continued as a private bank. Mr. Huston, since the bank suspended, has been endeavoring to meet all the obligations of his creditors, and the announcement of his intention to remain in Connersville and resume business has been met with expressions of sincere pleasure. When the bank opens Monday it will be with the support and good will of all his former patrons.