The weekly Union times. [volume] (Union C.H., South Carolina) 1871-1894, 1893-08-04
NUMBER 81.
SILVER REFUSED.
SO Much Already That it Can't be
Handled.

| CHICAGO, IIL.-Notice was posted
Monday in tho United States sub Treas
ury to the effect that silver world not be
received. During the day m any empl,ycs
of banks brought in sacks of the white
metal to get currency in exchange, but
they had to shoulder their loads and 20
az lin as thoy came. There is more sill
yer lying around uncountcd behind the
rails of the sub Treasury than the force
| can handle.
| On ev,rv ,bolf ona I, ,,;,., -, ~.
| n ,or canvas sscls f,iIaJ v;,h a,,,d
| other coins ore stackad n, u,t;, tboro !.
hardly room TO g,t about .Ye arc nm.
able to handle the biz amount of silver
VIC have on h ,nd.n said one of the off
| cials. Sand until If can bc nj, coup.ed and
cleaned up we will not receive nnv
mo over thc countcr For some time
p.st great Quantities of silver h,vo been
brought here NV banks to h, cy.b,pood
| for currency, uotl the amount has he
come grca' or than we can .ndlc. and we
| will have had to call n Temporary halt.
| This is all there is to the mat or
Ex TREASURER HUsraN's BANK DOWN
CoNNoRsvIr.LE, IND.-The Citizens
Bank, owned bv ex United States TT, as
urcr Huston, failed to open its doors
Moad.y " morning owing to the striu-
gcncy of the money m,rke,. The li.bili.
ties aud assets have not yet been made
known. Tic dcpositors will, it is said,
| be paid in full
HAD HELPED OTHERS COULD NOT SAVE
| ITSELF.
TACOMA, WASH. The Tacoma Ma
| t'ohai bahN, ono Oh lhc strongest III the
Northwest suspended Monday morning.
This bank has been assisting the other
banks N the city Tor the past SIX months
LOUISVILLE BANK.
LOUISVILLE, kY.-Ths Louisville City
| National Bank closed Its doors at l:lo
Monday evening.
SENATOR MITcHELI's BANK FAILS.
MILWAUKEE, WIs.-The Wisconsin
Fire and Marine Insurance Company
| Bank closed its doors Tuesday morning.
This is Senator Mitchelrs bank and had
been considered the strongest bank IN
the city.
| FARMERS NATIONAL.
TOLEDO, o.-Ihe Farmers Na"onei
BANK Of ~ Ein9lay; ~, clossd nts doors AT at
orner 'nrce o""Hs !" 'Iie cry ~" r-.~r'-'~'-
ior any run thst m'y ioi'o".
| FLORIDA hANk'
| WASHINGTON, -. C.-E1"'h'ner MIC
! Dohaio mas Deeh olec.cu ~ '"ho eha.so
OF 'he ia''eh irs' Na''onai oanA' u of'
lanoo' fiof'oa'
Loo'sHlLhL h"NN
LOUISVILLE, hf.-1he merch"uts
Na'ona' INK mas SuS''n'e' P"9 hen'.
THE LOUISVILLE FAILURES.
hoo's' iLh"' NJ "' o"''N
al Bank threw up 'he sponge a' iio
O'CLOCK IN the al'erhson' a''er naro
irSht. n run our'ns '"e iho'n'"s' wiz"
p drain from tho country oahks, causeu
the suspension. President Geo. DAVIS
was seen Just after the closing OF the
doors al the lntorm'tion we nave 10
give out at TINS tlme' nc sald' is th"t
no none Will lose mill ny our susPeh-
sion.'
Four national banks have thus far sus-
pended since Saturday. The officers of
the Merchants National Bank assert
their solyency. Depositors and stock
holders received dollar for dollar.
By 10 80 o'clock it became evident to
the directors Of the Louisville Deposit
Bank th,t In could not meet the days
demands, rs the general condition of
financial affairs was such as to preclude
the hope of outside assistance. The di-
rectors ordered the doors to bc closed,
and papers were prepared making an as
ainnment to the GERMANY Trust Com