The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1893-08-01

Justice Hallett of the United States
Court yesterday appointed II, E. Club
buck, OF Pueblo receiver of the Pueblo
City Street Railway Company. The
liabilities are $500, 900. This action was
taken at the instance of the Interna
GlOnaI Trust Company, holders of the
first mortgage bonds.
SALT LAKE City, Utah, July 90
The Burton-G Gardner Wholesale Lum-
Der and Wire Fence Company of this
city has assigned. Liabilities, $89, 900;
assets, $3.50, 600.
WARRENsBURG, Mo July 21,-The
Johnson County Savings Bank sUs-
pended at noon yesterday and will go
n the hands Of a receiver. The bank
has ample funds, but inability to col
iect and the heavy runs caused the
failure. The officers say that the. &C.
p%osltors will be paid in full.
OMAHA, Neb., July 21.-The first Of
TIE miners from Colorado who were
forced to seek employ ment elsewhere
arrived IN this city on a freight train
this morning. They say thousands
more will follow them. They are scat
tering for the harvest fields and the
iron mines of the North and for Chicago.
ALBANY, N. Y, July 21.-Owing to
depression IN business Mr.. S. L Nun
son, who has been carrying on a shirt
manufacturing business in this city for
years, and has factories in CObleskiIl
and other places, will run his establish
ment on half time. He employs about
one thousand hands in his different
establishments.
TOLEDO, Ohio, July 21.-The affairs
OF the Central Insurance Company ap-
pear to have been in a very fragile con
dltlon, according to the report OF the
receiver, E. S. Chittenden, which was
filed in court yesterday.
NASHUA, N. H, July 2O.-The Secur
lty Trust Company closed it's doors this
morning, The bank has not met with
losses, out stopped business on account
of the withdrawal of deposits. The
treasurer states that the bank will be
capital and surplus amounting to $780,
600, which must be paid out before loss
can come to the depositors There is
observation-disclosures in consequence
Of the suspension.
PLATTsBURG, N. Y, July 2O.-The
Chateaugay Ore and Iron Company,
whose mines and iron f0undries are
located at Lyon Mountain, closed down
to-day, as did also the Grown Point
Iron Company, minors and iron max
ers at Grown Point. The given
is dizziness in the iron trade.
About a thousand men are thrown
out Of employment. The principal
stockholders of both companies are
New Workers.
BOSTON, July 2O.-Joseph Vercelli,
proprietor Of Hotel Vercelli, No. 200
B0ylstOn street, has assigned. The
liabilities are said to be $50, 900. Mr..
Vercelli states that he has expended
$40, 900 in repairs and improvements on
the building within eighteen months,
and that being pressed for money to
meet his bills and unable to satisfy his
. creditors he assigned.
CHEYENNE, July .2O.-The private
banking house Of T. A. KEN fGiled TO
open it's doors this morning. There has
been a quiet, steady decline for some
weeks and closing was inevitable. Most
of the deposits of this bank were time
certificates and but few of the business
houses are affected. J. w. Foster is
made assignee and is now in charge.
He believes that depOsitors will be paid
in full.
TOPEKA, Kansas, July 2O.-Nosice of
the failure of the Bank of Belleville,
Republic county, has been received at
the State Bank Commissioners office.
1t was q private bank with a capital of
$50, 900.
GUTHRIE, July 30. Runs were started
on every bank in this city today, but
all depOsitOrs are being paid in full and
things are quieting down.
MILWAUKEE, July 25.-The Wiscon
sin Fire and Marine Insurance Com
pany bank closed its doors this morn
ing. This is Senator Mitchell's bank
and has been considered the strongest
bank in the city.
TOLEDO, o., July 25.-The G. B.
Hodgman Manufacturing Company,
one of the largest concerns in SanduskY,
went into the hands of a receiver this
morning.
INDIANAPoLIs, July 25.-The Indian
apOlis National Bank suspended this
morning. The failure is for 81, 200. 900.
For some days rumors were current
that the bank was in trouble and these
rumors had the effect of starting a quiet
run upon it, which, though quiet, de-
pleted the banks funds and finally
made necessary the action of to day.
LOUISVILLE, KY, July 25.-The Mer-
chants National Bank suspended pay
ment this morning,
WASHINGTON, July 25.-Examiner
Mcdonald has been directed to take
charge Of the failed First National
Bank of Orlando, Florida.
ST. LOUIS, Mo-, July 25--Bysley &
Bronson, iron merchants, No. 800 North
Second street, made an assignment for
the benefit of creditors this morning.
The liabilities are $12O, 900, and about
equal assets.
MILWAUKEE, Wis, July 25.-Late
this afternoon the J. O'Berman Brew
ing Company made an assignment. Fl.
P. O'Berman is assignee, and his bond
is 81, 200, 900.
TOLEDO. O., July 45.-The Farmers
National Bank, of Findlay, Ohio, closed