The Portland daily press., 1893-08-05
Sought Relief in Death.

Chicago, August 4-Nelson Van Kirk,
a Roard of Trade member, shot himself
dead this afternoon in his office in the
RiaIto building He was rs years old
and a member of the firm of Van Kirk
& Ostap. which went bankrupt a month
ago. After the failure he had reorgan-
lied his affairs and resumed trading.
He went to the office and killed himself.
Reading Reduces Time.
Reading. Pa, August 4-OrGers were
posted TODAY in all the shops of the
Reading Railroad reducing time to five
days week.
VIII Run Five Days Week.
Easton. Pa, Aug. 4.-Orders were re-
ceived at the Lehigh Valley shops today
putting every department. on short
time. Until further notice the mill
shops will be run five days week.
About 400 men are affected.
Only Precautionary Measure.
Rockland, Me-, Aug. 4.-The Rockland
Savings Bank and Thomaston Savings
Bank following the course pursued by
Others banks, are requiring 80 days no.
tice under the state law upon the with
drawal of deposits. Both these banks
are in the soundest possible condition
and no fears of Withdrawals are appre-
hended, but theyStake this precaution
against possible contingencies and loss
to depositors from the sacrifice of secur-
tiles.
Worlds Fair Hotel Closed.
Chicago, August 4-The Title and
Trust Company has been appointed re-
ceiyer for the Nacirema hotel, World's S
Fair enterprise at Grand Crossing. The
company was organized with 10000
capital but has not enjoyed a lucrative
patronage and has no funds now with
which to pay its debts.
Caused No Excitement.
San Antonio, Tex, August 4.-The
Texas National bank failed to open it's
hands of the United States bank ex-
aminer. The capital stock is $100, 600.
The closing caused no excitement and no
runs on other banks.
The Failures of the Week.
New York, August 4.-R. G.. Dun &
Co. review of trade for the week says:
Failures during the week number 436 in
the United States, against 100 last year.
Bradstreets reports 459 failures in the
United States this week, against 155 this
week a year ago.
Some of Yesterdays Failures.
The Citizens National bank, Muncie,
Ind, has suspended.
The Peoples saving bank, st. Paul,
Mimi, has closed its doors.
Yeager Brothers, Ligonla, Ind, owner
of several saw mills and stores have
failed.
The Lebanon, Pa, Trust and Safe De-
posit bank failed to open it's doors yester-
bay morning.
The Woodstock Yarn mills of Norris
town, Pa, have been closed under an ex-
cution on judgment for $151, 900. Two
hundred hands are idle.
Thursday William Zemple of Allegheny
City, president of the Pittsburg, Akron
and Western Railroad Company, confessed
a Judgment to the amount of S20o, 600.
The action is merely a precautionary
measure, and it is thought will not lead
to any futher financial troubles.
James H Walker & Co., of Chicago,
dry goods, have confessed judgment on
note for IS, 1876, and made formal applica-
ion for the appointment of receiver. So
far as developed the suspension OF busi-
ness involves 81, 900, 600.
Parrott Bros, members of the New
York Cotton Exchange, have announced
their inability to meet engagements.
The Baraboo, Wis, saving bank has
made an assignment
S. Jacoby 6 Co., cigar manufacturs,
East SIND Street, n. Y, have confessed
Judgment to an amount of $2S, 900,