The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1893-08-22

authorities yesterday decided to begin
suit to recover 81, 400, 900 tied up by the
Marine Bank suspension, S., 600 in the
Milwaukee National Bank and $500. OOO
In the Commercial Bank at Eau Claire.
.YORKvITLE, lii Aug. Sc L Hen
nlng, a banker Of Piano, assigned yes
Gerday. It is thought Mr.. Henning
Will soon be able to resume business
RICE LAKE. Wis, Aug 8.-This
morning the Barron County Bank, of
which N. w. Bailey is proprietor, as
signed to r. NJ. Whitaker. The liabili-
C!es are $50, 600, but the assets are five
Glmes that amount. The bank will pay
dollar for dollar of its obligations and
resume at the earliest possible moment.
CHICAGO. Aug. 8-The New York
creditors charge fraud in the assign
ment OF the James II. Walker Co. Be
Q Judge Mcconnell this afternoon
Charles Spielman & Co, who are
creditors 20 the extent Of $13, 900,
through Moran, Kraus and MAYER fled
a petition asking that they be allowed
to replevin certain goods sold the Jas.
Il; Walker Co. On July IL last, they
alleging that they were induced to sell
the goods and extend credit to the com
pany by reason of certain fraudulent
statements 6s to the resources made by
W. A. Mason, treasurer, and by James
II. Walker.
Eighteen big business failures was
the record for n day in New York
City alone, August 8.
NORTH BRANCH, Mimi, Aug S-The
Bank of North Branch, owned by J. e.
KIng8land, has suspended. The insti-
tuition is solvent and will re open in a
few weeks.
ALTAMoNT, ILL.,. Aug, 8-The bank
ing house Of G. M. Wright & Co has
suspended. The cashier, Levi Butler.
10 missing. He left a letter say ing that
he had embezzled $41. 600 of the banks
money. It is said that depositors viii
be paid in full
PITTeBURG, Pa, Aug. 9.-Tha Linden
Steel Co, one Of the largest manufac
turing Concerns in Pittsburg, has sus-
pended operations On account Of the
strlngoncy of the times and difficulty
In procuring discounts and inability to
make collections. All the employees,
about eight hundred, have been dis
charged. The company had a number
Of contracts from the government for
plate.
MINNEAPOLIS, aug 9-Tho Mi@eis
sippI Valley Lumber Association met
here yesterday IN semi annual session
and agreed 10 reduce the cut for the
balance Of the season One-balf. The
date agreed on for closing the saw mills
was September 20,
LAWRENCE, Mass, Aug 9.-The fol
lowing notice was sent cut by the agent
of the Pem5erton Cotton Mills this
morning: Owing to the extreme diff
Guilty in obtaining currency with which
to pay our employees weekly, accord
ing to law, this mill will close Satur
day noon, August ~, for three weeks.
LANSING, Mich Aug. &c Rement
& Sons, manufacturers of implements
and stoves, have made a ten per cent
cut in the wages of their six hundred
employees. The men accepted the cut
rather than be thrown out Of employ
ment.
CHICAGO, Aug, 9-Swift & Co.
packers at the stock yards, yesterday
laid off five hundred employees. They
also retrenched by reducing the wages
of the remaining employees ten per
cent. The action was expected, and
was caused by the condition OF things
at present existing at the yards.
GUTHRIE, O. T., Aug. "a govern
ment official who has just returned
from a trip along the Kansas line Of
the Cherokee strip reports great desti-
tuition and suffering among the people.
Many are suffering for food and live
stock is dying from Texas fever and
starvation, the hot weather having
burned up the Kansas grass. Hay is
held at an enormous price, and patrol
of soldiers prevents the people from
pasturing their stock on the abundant
grass on the strip.