The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1893-08-22
Boston capitalist co.opose the

LuEL4iSLs0 -19auA"CIurerS IN this CITY
have determined to reduce the hoI1ra
of work to eight and the working DAVIS
in tho week to five. The demand for
furniture, viii h is usually equal to 4
third of the entire product, is scarcely
nominal this season, and the Eastern
and Southern trace is much reduced,
leaving the actual demand little more
than half the normal supply. BJ re-
ducing the hours of work 1t lis hoped to
give employment to all who have
families to support for several months
to come.
VERNON, Texas, Aug. ia district
court has appointed a receiver for the
Espula Land and Improvement Com
pany. The company owns sixty thou
sand across of land and thirty five
thousand head of cattle
WHITE PLAINS, n. Y Aug. 11-Be-
cause of the tight money market,
| BlOomingdale Asylum workmen will
not receive their two weeks pay to-
morrow.
WooNsoCKET, r l., Aug. 1.-THE
Social Manufacturing Company, the
largest and wealthiest cotton C
here, will next week begin to pay its
help in checks drawn on the Clearing
House at Providence
SPRINGFIELD. Mass Aug. II The
directors Of the United States Whip
Company voted last night to shut down
all the factories in the whip syndicate
until August %. The shut down is
occasiOned by the inability of the com
panies to dispose of their goods.
COLORADO SPRINGS, Col, A3g. IL
The BrOadmOor Land and Investment
Company has gone into the hands of
a receiver, The International Trust
! Co~o~on- OF Oovyror woo oDorSn+o1
receiver at the request Of the New
York and London Investment Com
| pany, the principal creditors. The as
sets are $500, coo and the liabilities r
$3.50, 900.
NASHVILLE, Tenn Aug, II. The
run on the Fourth National Bank was
resumed, but the line Of depcsitors vas
small. The bank continued to pay all
! checks presented up to half past eleven
| o'clock, when it was decided to pay all
| checks up to 500 and give certified
checks for balances above this amount.
MARSHALLTOWN, Iowa. Aug. Ii
The Hamilton County State Bank Of
| Webster City closed its doors to day.
The impossi0llity Of making sufficient
! collections TO meet the present demand
Of dep0si5oTs was tie oGuse of suspen-
sion. The assets are reported at $l45,
| 600. the liabilities at $I30, 900.
B~ELLEFONTE, Aug. II The Valen-
. tine lron Company will to morrow
close down ali their mines for an in
definite period. This action will throw
more than three hundred men cut of
employment
AMSTERDAM, N. Y, Aug 1.-THE
Stewart Knitting Mills will close on
Saturday night Mr., Stewart says the
| mills will re open as soon as h con
ditiOns of the market warrant such a
course. The Liddle Knitting and Green
Knitting C3mPanies' mills have shut
! down. The mill OF Gardiner & War
! ring will smut down when when the
! goods now in process Of manufacture
are run out.
EAST LIVERPOOL, Aug. 1.-THE
twenty-nine ~potteries in this city have
been slow to feel the effects Of the
stringency of the money market, but
within the past few days most of them
have begun to realize that they cannot
longer keep in operation except at a
loss. 1t is probable there will be a
| general shutdown within the next few
weeks, throwing not less than three
thousand persons out of work. Know
les, Taylor 6 Knowles, employing
seven hundred men, have already
closed down.
MONTGOMERY, Ala Aug. 14,-E.
Timble 6 Co., private bankers, have
assigned. Their bank is small.
SPRINGFIELD, Mo, Aug. IA The
Bank of Springfield, with a capital of
800, 600, failed to open this morning.
O'NEILL, Neb., Aug. 13.-Friday,
Aug. 4, Barrett Scott, County Treas
urer Of Holt county, left O'Neill for
Sioux City, His continued absence
and the fact that less than $50, 600 of
the $50, 600 which should be on handin
the banks of the county, and SIS, 600
of that in the defunct Holt County
Bank, forces the belief that he has alb
! seconded.
MONTGOMERY, Ala, Aug. 14.-Busi-
ness opened here as usual to day, the
assignment of Josiah Morris & Go. pro
ducing no run on any other bank, and
there is no apprehension Of such a
thing.
B. Trimble & Co., private bankers,
assigned. Their business is small, and
the assignment created no excitement
or trouble. The entire business element
and community are receiving the clear
ing house certificates.
CINCINNATI, O., Aug. 14.-May Bros.
| & Co., wholesale dealers and manufac-
turerso of clothing, 80 West Pearl street,
assigned this morning. Assets and
liabilities about 800, 600.
JACKSONVILLE, Fla, Aug, 1.-The
bank of Leesburg, wager Bros, pro-
prietOrs, made an assignment to day.
It's liabilities are about $40, 900, and as
sets fully 800, 900. Asteady withdrawal
of deposits during the past ten days
forced it to shut down. Depositors
will be paid in full, but it will take a
year or more to realize on assets.
PULASKI, Tenn, Aug 1.-THE PEG.
pies Bank, the Citizens Bank and the
Commercial Bank and Trust Company
suspended payment this morning and
will take advantage of the sixty day