St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-05-19
FINANCIAL sIsUATION.
stockholders of Texas Bank Al
IeGe a COnsniracy to Wreck.

stockholders of Texas Bank AL
Iege a Conspiracy to Wreck.
Z FORT WORTH, Tex. May 1s.-Stock.
holders of the Merchants National
Bank of Fort Worth ask for receiver
for the bank and an injunction to pre-
vent the officers from longer acting.
The petition alleges bribery and con-
spiracy to wreck the bank. Specific in
stances of alleged misuse of the assets
of the bank and of taking brides by
officials of the bank are set forth in
the petition.
PHILADELPHIA, May 1S.-Execution
upon judgment for $39, 230 was issued
yesterday against Edwin J. and Charles
E. Howlet. trading as Edwin J. Howlet
& Son, paper bag manufacturers. A
statement OF the firm cannot be OBJ
tanned.
PITTsBURG. May 18.-Tbe Godfrey &
Clark Paper company, whose financial
embarrassment occurred several days
ago, will be placed in the hands of all
assignee and the business operated for
the benefit of the creditors. The firm
states that they will be able to ultimately
pay their indebtedness dollar for dollar
and expect in a short time again to take
hold of the property and operate it. The
amount of judgments entered against
the firm is $4,000. Each member of
the firm has placed all OF his real and
personal property at the disposition of
the creditors. The property will aggre-
gate half million.
siderable talk late this afternoon of eX-
ports of gold by Saturdays European
steamer. Estimates placed the ship
ment on the day named as high as
SS,OO0,OOO. Lazard Freres, it was said,
will ship S1,50O,0O0, and Heidelbach,
Ickelheimer & Co., S5OO,000. The other
shippers were not named. AT the sub
treasury it was said that 100000 gold
had been received, but that no specie
had been ordered as yet for shipment
Saturday.
LINCOLN, Neb., May 1S.-A small RIM
was begun on the Nebraska Savings
bank last Tuesday, which continued and
resulted in scramble for few hours
today, Notwithstanding the assurances
that the institution was perfectly sol
vent. Prompt payment of all demands
quoted the nervousness of the deposit
orS and the excitement was over almost
as soon as it begun.
SAVANNAH, Ga, May 19.-Dispatches
from Brunswick, Ca. state that the
First National bank and the Oglethorpe
National bank, of that city, closed their
doors this morning, and that M. Ulman,
president of the latter, committed sui
eide. These banks have been looked
upon as shaky for some time, and their
failure created no surprise in this city.
NEW YORK, May 1S.-In the United
States circuit court Judge Iacoube has
granted decree of $1,671, 519 In favor
of the Central Trust Company of New
York against the City Railway Improve
ment company. The suit was brought
for the foreclosure Of a mortgage of
s1.467, 900 held by the trust COM
pany since FEB. 1, 1889, and on
which no interest has lever been paid.
pany was organized under the laws Of
New Jersey prior to Feb. l, 1891, with a
paid-up capital Of 81, 900, which was
subsequently increased TO S3,503,500.
The incorporators are chiefly business
men, and the purpose of the company
was the construction Of street railways.
WASHINGTON. May 1S.-Comptroller
Eckels this afternoon ordered Bank EX-
aminer John T.. Carskedan, of West
Virginia, to Brunswick, Ca, to take
charge of the First National bank and
the Oglethorp National Bank of Bruins
wick, both of which closed their doors
this morning.
EVANSTON, ILL.,, May 15.-The Evans
ton National bank of this city closed it's
doors this morning at the suggestion of
National Bank Examiner George B.
Caldwell. The bank formerly did busi-
ness with the Chemical National bank,
of Chicago. but after the failure of that
institution it transferred its ac-
counts to the Metropolitan Ma
ti0nal bank, of Chicago. The rea-
sons given for the suspension are
heavy Withdrawals and the stringency
of the money market. All the men con-
nected with the bank declare that de-
positors will be paid in full, and that
the bank will reopen in three days. The
capital stock of the institution is
100000. The bank had S154, 773 of de-
posits subject to check, and a little less
than $50, 900 in cash with which to meet
run. The surplus fund was S245.S7.