Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1893-08-03

w. H. Scoggins of this city, Of the de-
funct Commercial National Bank, for
wrongfully certifying checks, A new
indictment was found F. Porterfeld,
cashier OF said bank, and one against
F. Porterfield and G.. A. Dazey, oharg-
ing conspiracy. George Childress, CASH
Ter of the defunct Second National |
Bank of Columbia, Tenn, was also in
dicted.
CHICAGO, ILL, Aug. 2.--The Inter
Ocean this morning has the following |
special from Indianapolis
A private telegram received last even
ing from Washington states that Comp
troller Eckels yesterday impaired to
Congressman Bynum the information
that the indianapolis Bank would not
pay 80 cents on the dollar. The examl-
ner's report will be completed and
mailed Friday evening.
There is no information as yet as to
when steps will be taken looking TO the
prosecution OF the bank officials, but
something in this lime is expected as
soon as the examiners report Is filed.
A SMALL CONCERN ASSIGNS
ST.. LOUIS, NO., Aug. 2.--The Ma
tional Iron Cornice Company made an
assignment, yesterday. The assets and
liabilities are estimated at about 10000.
AN IDAHO BANK coLLAPsEs.
BOISE CRY, IDAHO, Aug. 2.-The
First National Bank Of Nampa failed
yesterday. No statement.
ASSIGNED WITH AMPLE ASSETS.
ELYRIA, o., Aug. 2.-The Lorain
Manufacturing Company has assigned.
The estimated liabilities are 100000;
assets, $is2 500. This company had the
largest brass works in the country and
employed about 900 men.
GOOD REASONS FOR FAILING.
SAN Francisco, CAL, Aug. 2.-W.
Freze g Company, general importers,
have filed petition in insolvency. The
firms creditors are both local and
foreign. The total liabilities are $144,-
600; the assets, 100000.
The reasons for the failure given are:
First, the continuous decline in values
\ of freight and all commodities; second,
losses in South America and inability to
collect outstanding accounts caused by
the continued depreciation in silver, and
third, the general stagnation of trade.
HAD MORE THAN THEY COULD CARRY.
| CHICAGO, ILL.,, Aug. 1.-The failure
of d. Eggleston & Co., one of the biggest
carrying brokers ON the Board of Trade,
was announced this morning.
Low WAGES INSTEAD OF SHUT DOWN.
LAFAYETTE, IND. Aug. 2.-The
O'Brien Wagon Company, one of the
largest in Indiana, has made 10 per
cent reduction in wages. The 300 en-
ployes accepted the cut in preference to
having the concern shut down. The
company announces that the old rates
will be restored as soon as practicable.
VOLUNTARY ASSIGNMENT.
CHICAGO, ILL.,, Aug. 2,---John W.
Ayres dealer in mantels, made volun-
tary assignment yesterday. Liabilities,
$4,000; assets, $4,000
EASTERN CREDITORS FORCED THEM.
DENVER, Col, Aug. 2.-The Denver
Safe Deposit and Trust Company as
signed last evening. Assets, 100000
liabilities, 100000. Eastern creditors
caused the assignment by pushing the
concern. 1a.t
SHUT DOWN INDEFINITELY.
AURORA, ILL, Aug. 2.--The cotton
mill in this city, employing 800 hands
has shut down for an indefinite length
OF time, because of lack of demand fol
its manufactures. + 4
DEBTS AND ASSETS ABOUT EVEN
MINNEAPOLIS, MINI, Aug, 2. =
3 Croker, Fisk & Company, miliers, filet
an assignment to the Minneapolis Trus
Company. The firm has been in finan
/. cial straits for some time. Its assets ant
liabilities run about 100000
: A CUT OF 10 PER CENT IN WAGES.
s MILWAUKEE, WIS, Aug. 2.-Ai
8 official notice has been issued by tn,
i. Chicago, Milwaukee & ST. Paul Rail
: road Company, ordering cut of 10 pc
e cent in the wages of all employees in tn
commercial department of the roa'
whose pay exceeds $50 per month.
!. STIFF FAILURE IN HELENA.
e HELENA, MONT, Aug. 2.-A. M
e Parchen s. Co., wholesale druggists
i made an assignment yesterday, Tn
liabilities are placed at $247 900. N
l. schedule of assets was filed. Local bank
n and foreign loan companies are tn
70 largest creditors. ~,
1t WHY cuDAHY COLLAPSED,
OMAHA, NEB., Aug. 2.--In an intel
y view last night A. f.. Cudahy, in charg
8. of the Cudahy interests in this city, sal
10 in regard to the failure of his brothe
John Cudahy at Chicago, that th
0. Omaha and Sioux City houses will nc
\. he affected in the least, as he had n
al connection whatever with them. II
le attributed the difficulty to land des
y, and inability to realize on securities
re meet margins.
DRESS GOODS MILLS SHUT DOWN.
e WooNsooKET, R. l., Aug. 2.-Tt
~ local plant of the Valley Falls Con
~ pany, engaged in the manufacture {
"a colored cotton dress goods and runnin
M $40 looms with 1876 hands and week.
~ pay roll of $1,000, shut down, yeste
70 day, for an indefinite period, owing to
~ lack of market for the goods. The SAN
AZ company's mills at Valley Falls, rul
NJ ming 1900 looms and employing 6(
- hands, also shut down. t
WILL SHUT DOWN FOR A MONTH.
g. METHuEN, MASS. Aug. 2-Ti
is Methuen Cotton Mills will susper
IS, operations on Saturday for one mont
e. Three hundred operatives will be out
employment and will suffer loss
$4,000, the'amount of the monthly ps
tie roll The shutdown is aseribed toll
IS financial stringency. The Knit,
Fabrics Company, employing 30 hand
have also issued notices that the worl
ar will close on Saturday for month.
Is, RESUMED FOR FOUR DAYS A WEEK.
Ii BRIpGEPoRT, CONN, Aug. 2.-Holm
s. Edwards silver factory resum,
r.. work, yesterday, after being closed Sc
~ | avail ,rsaks Thav will RIM four davs