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Failure of Akron Bank, AKRON, July 31.-The,Akrop Savings Bank failed to-day. William Buchtel, the president, has been appointed receiver. The capital stock is $200,000, reserve $50 000. The bank will pay in full. Inability to realize on securities and heavy withdrawals were the cause.
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Resources Greater Than Liabilities. AKRON, Ohio, July 31.-The Akron Savings bank suspended this morning. The suspension was caused by the closing of the Citizens' bank Saturday. Total resources, $973,634.38; total liabilities $522,460.
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AKRON, O., July 31.-The Akron Savings bank, unable to realize on securities, suspended this morning. Its president, William Butchel, was appointed receiver. The capital is $200,000, with a reserve of $50,000. The bank will pay in full.
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Akron Bank Closed. AKRON, O., July 31.-The Akron Savings Bank did not open this morning for business. William Buchtel, president of the bank, has been appointed receiver. The capital stock is $200,000, with a reserve fund of $50,000 and undivided profits of $18,000. The bank will pay dollar for dollar. Cause of suspension inability to realizo on 80curities.
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Savings Bank Suspends. AKRON, O., July 31.-The - Akron Savings Bank suspended this morning, the suspension being caused by the closing of the Citizen's Saturday, which caused a run Saturday night resulting in the withdrawal of over $15,000. To avoid Monday's rush the bank put up its shutters. Total resources, $973,634.33; liabilities, $522,460.
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BANK FAILURES. The Commercial bank of Cottage Grove, Or., has failed. The Akron, O., Savings bank has suspended. The suspension was caused by the closing of the Citizens' bank Saturday. The Wyandotte County bank at Upper Sandusky, O., has gone into the hands of receivers. The bank officials claim the assets are sufficient to pay depositors three times over.
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Another Bank Failure at Akron, O. AKRON, Aug. 1.-The Akron Savings bank has suspended. The total resources are given out as $973,634.38; total liabilities, $522,460.49.
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BANK FAILURES. The Commercial bank of Cottage Grove, Or., has failed. The Akron, O., Savings bank has suspended. The suspension was caused by the closing of the Citizens' bank Saturday. The Wyandotte County bank at Upper Sandusky, O., has gone into the hands of receivers. The bank officials claim the assets are sufficient to pay depositors three times over.
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THE troubles in Akron yesterday were precipitated by timid farmers, who drew their money out of savings banks, and then hid it from sight. Scare money makes low prices. The present low price of farm products is caused by scarce money. The men who take their money out of use and put it where it is no use, are largely responsible for the present money famine. The failure of the Akron Savings bank yesterday was caused solely by the withdrawal of deposits by those who did not need their money. The bank is conceded to be solvent.
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GENERAL MANAGEB W.S MELLEN, Pa- of the Northern Pacific, died on the cific coast recently. THE clearing house committee of Chicago has decided to issue clearing house certificates A SERIOUS state of affairs existed at Denver, Cob. owing to the vast numbers of unemployed, who were holding the meetings and threatening to loot the National banks requested milicity. protection of the United States tary, which they were able to do, being national CASHIER depositories OVERTON S. PRICE, of the Citizens' national bank, of Hillsboro, O., is under arrest. THERE was a bitter wrangle on about the arbitrary freight rates between Bluffs. jobbers of Omaha and Council First national bank of Great the Falls, THE Mont., suspended, owing to beHelena bank suspensions. It was lieved it would soon resume. THE world's fair management is again undecided about Sunday opening. THREE harvest excursions for points fair the west and south, at world's West in rates, have been arranged by the Passenger association. ern THE Roby boarding-house at Decatur, III. has been set on fire four times within thirty-eight days NINETY-SIX business houses were de- made stroyed and sixteen families were homeless by fire at Fifield, Wis. THE Standard Oil is again in com- the plete control of Colorado. Its rival, Rocky Mountain Oil Co., is no more, and the big petroleum monopoly has the field to itself once more. THERE were runs at Chippewa Falls, Wis., caused by the failure of Seymour's private bank. UNITED STATES MARSHAL Nix has in his possession about fifty head of cattle of which he confiscated from the gang were horse and cattle thieves who captured in the Cherokee strip. THE Utes will soon be compelled to vacate their reservation in Colorado and will be sent to Utah. THE gates of the world's fair were opened last Sunday. THE Denver chamber of commerce and board of trade have sent a.silver memorial to congress ONE person was killed and three acothers were seriously injured in an eident on a bridge at Chicago. DR. LEE LING,a Chinese physician, of Chicago, and Miss Lizzie Fairman, were an American girl, of the same city, recently married at Peoria, Ill. SECRETARY HOKE SMITH was Langed the in effigy at Rome, O., because of suspension of a pensioner. EXHIBITORS have presented their grievances to the management of the world's fair. THE McNeil & Urban safe & Lock Co., one of the oldest safe firms in the country, have assigned to Howard Douglass, of Cincinnati. The assets $160,000; liabilities unknown. The are firm has been unfortunate in several large contracts. ONE of the most daring robberies ever attempted in Chicago, was committed in the residence of Mrs. R. Ammon at broad daylight. The thieves,after binding and gagging Mrs. Ammon, succeeded in robbing her of diamonds and $2,gold watch, the whole value being 000, and made good their escape. THERE was a run on the banks at of Ashland, Wis., caused by the failure the First national bank of that city. THE Chicago banks are buying up exchange for the purpose of importing gold on local account MRS. LUCILLE RODNEN. of Galveston, Tex., who has been tramping from Dallas to Chicago since May 16, arrived at Chicago on the 31st, a day ahead of time. She is supposed to have won $5,000. THE Akron, O., savings bank has failed. BOOMERS are allowed to cross the strip on the wagon roads. They must not, however, hunt up corner stones. A FARMER named Langevin had his house burned down near Olga, N.D., while lighting a fire with kerosene. Two children were burned to death. caused by a delay in payment was reported at of town of A wages, RIOT, Virginia, Minn. the mining workmen were assaulted by lumber after a desperate land, and NON-UNION beaten Wis., shovers encounter at Ashwith the police. WILLIAM NONEMACHER, a farmer living near Antigo, Wis., killed his wife and three children and made an unsuecessful attempt to end his own life. THE third trial of M. B. Curtis, the actor, for murder has commenced at San Francisco THE attorney -general of Colorado has rendered an opinion that the state legislature can take action establishing bullion depositories and issuing certificates thereon which shall be legal tender in the state. JOSEPH DEBOGUE, who is insane over pump of his own invention, has been brought back to the hospital for the insane at Jacksonville, III., from Orange, N.J. THE SOUTH. and a were & killed a collision on the Four-tramps by brakeman Va. Norfolk Western, near Welch, W. TAYLOR, Lulu Smith and Nellie all Marian MAGGIE drowned Patrick, Johnson, Patwomen, were near young It's
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To Reopen Its Doors. AKRON, OHIO, August 4.-Six hundred of the depositors of the Akron Savings Bank assembled last evening in Columbia Hall, and unanimously agreed to a plan whereby the Institution will be enabled to discharge the receiver and open its docrs for business next Monday morning.
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Akron's Bank to be Resumed. Akron, Ohio, Aug. 4.-Six hundred depositors of the Akron Savings bank assembled last evening in Columbia hall and unanimously agreed to a plan whereby the institution will be enabled to discharge the receiver and open its doors for business next Monday morning.
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A Bank Will Open. AKRON, O., Aug. - -Fifteen hundred of the depositors of the Akron Savings bank assembled last evening in Columbia hall and unanimously agreed to a plan whereby the institution will be enabled to discharge the receiver and open its doors for business next Monday morning. The plan provides for the payment of 25 per cent on or after ninety days from date of opening and 25 per cent each quarter thereafter or as much earlier as may appear feasible to the bank officials. The receiver reported total assets. $754,984.88; liabilities, 505,916.44, and securities giltedged.
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THE Utes will soon be compelled to vacate their reservation in Colorado and will be sent to Utah. SECRETARY HOKE SMITH was hanged in effigy at Rome, O., because of the suspension of a pensioner. EXHIBITORS have presented their grievances to the management of the world's fair. THE McNeil & Urban safe & Lock Co., one of the oldest safe firms in the country, have assigned to Howard Douglass, of Cincinnati. The assets are $160,000; liabilities unknown. The firm has been unfortunate in several large contracts. ONE of the most daring robberies ever attempted in Chicago, was committed at the residence of Mrs. R. Ammon in broad daylight. The thieves.after binding and gagging Mrs. Ammon, succeeded in robbing her of diamonds and a gold watch, the whole value being $2,000, and made good their escape. THERE was a run on the banks at Ashland, Wis., caused by the failure of the First national bank of that city. THE Chicago banks are buying up exchange for the purpose of importing gold on local account. MRS. LUCILLE RODNEY, of Galveston, Tex., who has been tramping from Dallas to Chicago since May 16, arrived at Chicago on the 31st, a day ahead of time. She is supposed to have won $5,000. THE Akron, O., savings bank has failed. BOOMERS are allowed to cross the strip on the wagon roads. They must not, however, hunt up corner stones. A FARMER named Langevin had his house burned down near Olga, N. D., while lighting a fire with kerosene. Two children were burned to death. A RIOT, caused by a delay in payment of wages, was reported at the mining town of Virginia, Minn. NON-UNION workmen were assaulted and beaten by lumber shovers at Ashland. Wis., after a desperate encounter with the police. WILLIAM NONEMACHER. a farmer living near Antigo, Wis., killed his wife and three children and made an unsuccessful attempt to end his own life. THE third trial of M. B. Curtis, the actor. for murder has commenced at San Francisco. THE attorney-general of Colorado has rendered an opinion that the state legislature can take action establishing bullion depositories and issuing certificates thereon which shall be legal tender in the state. JOSEPH DEBOGUE. who is insane over a pump of his own invention, has been brought back to the hospital for the insane at Jacksonville, III., from Orange, N.J. THE Cudahy corner in pork and lard collapsed at Chicago on the 1st. Six prominent firms, including John Cudahy, went down in the wreck. THE Journal, of Mianeapolis, Minn., says that Mgr. Satolli is resolved upon humbling Archbishop Corrigan, of New York. AT Utica. O., John Tattle, two men named Bell. a Mr. Bowers and Mr. Skillen were killed and Joseph Shippen was fatally injured by the explosion of the boiler of a threshing machine. THE Seven Corners bank, of St. Paul, Minn., has assigned. THE Wyandotte county bank, of Upper Sandusky, O., has closed its doors. THE national silver convention met as arranged at Chicago on the 1st. FIVE section men on a hand car on the Vandalia railroad were held up by a single masked man and robbed of nearly $150. THE First national bank of Kendallville, Ind., which suspended payment June 22, has been permitted to reopen its doors for business. THE fine steamboat owned by Capt. A. T. L. Armstrong, of Nashville, Tenn., was burned at New Albany, Ind. Loss. $80,000. THE Milwaukee & St. Paul earnings for June make a most satisfactory showing.
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A Savings Bank to Resume. Akron, O., Aug. 5.-Fifteen hundred of the depositors of the Akron Savings bank assembled in Columbia hall and unanimously agreed to a plan whereby the institution will be enabled to discharge the receiver and open its doors for business next Monday morning. The plan provides for the payment of 25 per cent on or after 90 days from date of opening, and 25 per cent each quarter thereafter, or as much earlier as may appear feasible to the bank officials. The receiver reported total assets $754,984: liabilities, $505,916, and securities gilt edged.
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THE WEST. A FIRE at Princeton, Minn., destroyed the First national bank building, a hotel and six business houses, causing a loss of $50,000; insurance only partial. FIFTEEN hundred of the depositors of the Akron, O., Savings bank unanimously agreed to a plan whereby the institution will be enabled to discharge the receiver and open its doors for business.
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A Bitter Feeling. AKRON, Ohio, Sept. 11.-The receiver of the Akron Savings bank was discharged to-day and the bank resumed business in better condition than ever.
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a Bank Receiver Discharged. MRON, O., Sept. 12.-The receiver of the Akron Savings bank has been discharged. The bank is reported in better condition than ever before.
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MISCELLANEOUS. THE wheat crop of Kansas this year is officially estimated at 19,000,000 bushels, against 70,000,000 last year. ON the 11th the Cambria Iron Co.'s mill at Johnstown, Pa., resumed work, giving employment to over 3,000 nen. SPINNERS at New Bedford. Mass., have accepted a reduction in wages. IMPORTS of specio at the port of New York for the week ended on the 9th were $2,525,830, of which $2,356,565 was gold and $169,273 silver. The imports exclusive of specie were $5,679,605, of which $1,948,174 were dry goods and $3,731,431 general merchandise. ON the 11th twenty-three delegates from the Polish socialists of Germany met in Berlin to organize a Polish social democratic party. THE receiver of the Akron (0.) savings bank has been discharged, and the bank is reported in better condition than ever before. ON the 11th the world's first parliament of religions opened in Chicago. THE Western national bank of South Pueblo, Col.; the First national bank of Provo, Utah; the First national bank of Nashville, Tenn., and the First national bank of Le Mars, Ia., have resumed. THE new cruiser Detroit has been ordered to proceed to sea at once. Her destination will be Greytown, Nicara. gua, to reinforce the Alliance.