Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1893-06-08
CONCERNING BUSINESS AND FINANCE.

New York. june THE direct liabili-
ties of Erastus Wiman as scheduled are
stated at S5Ol, 600; contingent liabilities
S3l5.OOO. The aSsignees estimate the real
estate in his possession as sufficient 70 pay
the direct Indebtedness unsecured by col
lateral and the surplus of collateral, togeth-
er with interests in various companies can
be applied 70 the liquidation of such con-
tingent liabilities as may be found 70 exist
after realization upon the assets which
these represent.
NEW YORR. June 7.-Direct liabilities OF
Thomas NJ. Barre & Co, coffee merchants,
as scheduled. are $94S, $50: contingent la
0llities $50, $50; nominal assets 1865, $50; ;
actual assets S30S, ,697.
CHICAsO, June 7.-Joseph Rathbone u
Co, lumber dealers made a voluntary as
sigumeut this morning. Assets are Sched-
uled az 500, 600, and liabilities at S250,OOO
Robert z. Shankhn, the assignee, is now
in possession of the eompaDy's property.
Inability 70 realize on commercial paper is
given as the cause Of the assignment.
CLEVELAND, o.. June "A runis in pro-
gress on the St Clair Street Branch OF the
East End Savings Bank Company. Many
depOsit0rs were promptly paid. OHers
from other city banks were received, but
refused by the Ofcers who said their bank
was entirely solvent and able to care for IL
self The depOsitOrS are confined almost
exclusively TO workingmen. No cause IS
assigned except rumOrs due to failures in
other cities.
NEw ALBANY, June THE New Albany
Banking Company suspended payment
this morning and closed its doors. The
suspension was caused by the run made on
the Bedford Bank, at Bedford, Ind, yes
terdav, which forced il TO close. It is
claimed the assets are S2l2, 600; Its liabilit-
les 100000. A deed of ofassignmeat was to-
day made 70 John II. Stotzenberg.
WASHINGTON. ID. c., June Comp
trOllsr EckelS to-day appointed Charles ).
WinslOw receiver Of the Evanston Ma
tiOnal Bank Of Evanston, Illinois. A
telegram from Chicago received this
afternoon by Mr.. Eckels states the tinan-
cial situation there sis more cheerful"
MINNEAPOLIS, MINI, June IA rumor
gained circulation to-day thst two OF the
best known Elevator companies ia the
Northwest, the Northern Pacific and the
Red River Valley, were temporarily en-
barrassed. The facts in the case as yet
viii not warrant the assertion that 1t Is
business failure, although the statement
comes direct from the general manager of
the Northern Pacific Elevator Company,
that that corporation will ask for the ap-
poiutment Of receiver. The capital stecK
of the Northern Pacific Elevator Company
is $3.50, 900 and of the Red River Valley
Company, $3.50. .O00 The interests Of both
concerns are held largely by the same men.
A later telegram from Whestland, n. D.,
says the Northern Pacific Elevator was
closed to-day on an attachment for the Ca
madam Bank of Montreal.
KOEOMO, IND, June 7.-Warrants for
the arrest Of Ex-Governor Chase, Paris and
Walden, who were yesterday indicted by
the Howard county grand jury in
the GreeutOwu bank matter, are IN
the hands Of the sheriff but will
not be served before tomorrow
on those in reach Of service. The court re-
moved the bar OF secrecy from the grand
Jury this morning, and they. talk freely.
They allegs that Ex-Governor Chase took
intending depositors into the bank short
time before the failure, and showed
them 'piles Of money" and the
few good securities held by the
concern. The bad ones. Of which they
say Gov. Chase had knowledge, were not
brought out Paris and Walden have
drawn $4,000 from the bank on their per-
sonal notes, the funds going 70 Paris. Chase
knew II this paper when he was recon-
meuding the bank as a safe place Of de-
posit.
CHICAGO, June THE furry among saw
ings bank depOritorS had about run its
course this morning. At the saving insti-
tutiOus where there was still enough OF a
gathering 70 be called a crowd, there
was no sign Of the Danicky unreasoning
alarm which beset the deposit0rs Monday,
and before the closing hour this afternoon
IL is thought the run viii have subsided.