Daily Los Angeles herald., 1884-05-18
EASTERN.
Run Transferred His
eropePty.

49,
Property.
New YonK. May 1.-THE run on the
BROOKLYN Savings Bank Is ended. Seney
conveyed his Brooklyn mansion to the
Metropolitan Bank to-day for Sl75, 900,
and other property for $4,000.
McCuIioeh, ,Beerher 4 90. suspend
New YORK, May 7.-McCullocb,
Beecher 4 Co. made an assignment to-
day. Thry are shipping merchants.
Beecher Is a nephew Of Henry Ward
Beecher. The firm was at one time
agent for United States and Brazil Mail
Steamship line. Assets $500, 600. and
liabilities between $3.50, 900 and $500, 900.
The suspension was caused by the cur
rency Of Brszil having been heavily de-
preciaied aud the decline in coffee for
the last three months.
Assets Exceed Liabilities.
NEW YORK, May l7.--Assignee
Weems states that tue liabilities OF
Donnell, lawson & Simpson, SO, 600. 900.
The nssets exceed the liabilities ST.
000, 900.
Legal Tenders sent 10 New York.
WAsHIsoTos, May 1.-THE Treasury
OF the United States forwarded eight
millions in legal tenders to the Assistant
Treasurer Of New York to-day for use
in case OF necessity.
Market strong-M Money Advanced.
New YoRM, May -ls.--The general
market is strong. Money, which opened
at six per annun, is now ten per cent.
per annum.
Authorized TO settle Certain
Claims.
NEW YORK, May l7.-On petition OF
Julian L. Davies, receiver for Grant Il
Ward the Supreme Court to-day grant.
cd an order authorizing the receiver to
compromise certain claims of the firm
Of l.. Won Hoffman h Co. aud
Grown Brothers, each for the sum OF
fI2, 500. The receiver believes other
loans of similar character have been OBJ.
tanned by the firm Of Grant h Ward,
and therefore he asks permission to
compromise all such claims by the sur
render of bonds at their par value. The
court granted authority to compromise
such claims.
The Newark Savings lnstitu-
ticm.
NEWARK, N. j., May 1.-THE
Receiver OF the Newark Savings Institu-
ton has submitted a statement to the
Chancellor, showing the amount due
depositors to be 50, 1856. .584. The total
| assets, according TO the Receivers
estimate Exclusive OF $S45, 900 due from
Fisk 4 Hatch) are "a. 900, 330; deficiency
Sl,I5l,l97. The bank has securities and
cash on hand to warrant the payment of
| 80 per cent to dep0sitors Immediately.
In the case of Fisk Hatch, II they ARE
able to resume, the bank would lose
nothing and the Receiver says he will
make the most liberal arrangements
possible to enable the firm to continue
business.
Killed while Flowing.
BARDsTowN, N. j., May l7.-Her-
bert Armstrong and David Brown were
found dead to-day in field they had
been blowing, one shot through the
heart and the other through the head.
The killing was done with Spencer
rine. Inc suppositioh 10 tiat the ihur'
derer concealed himself in the bushes
and coolly shot the men down. Circum-
stantial evidence is strong against VIM.
Freze, who had business trouble with
the murdered men. The three were all
well l-to-do farmers. Excitement is high
and II Is feared Freze will be mobbed.
A Fatal Quarrel.
GLEN MARY, Tenn, May 1.-Two
men, Trendall and Kirby, quarrelled
over trivial matter tonight and Tren-
dali cut Kirby's throat Kirby then
shot Trendall. Both died in half an
hour.
Repeal Of Taxes on Tobacco.
HARTFORD, Conn, May II. = The
movement to secure the repeal of all in
ternal revenue taxes on tobacco, started
by the officers of the New England To-
bacco Growers Association, took definite
shape to-day, aud an appeal to the to.
bacco industry of the whole country was
adopted.