davidaulloa/AmericanStories huggingface dataset:
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-07-26
BANKS WHICH HAVE FAILED.
Since Jan. L Nearly 200 Have Closed
Their Doors.

Ihe1r Doors.
WASHINGTON, July 22.-Since the
first Of January nearly two hundred ma
tlonal banks have closed their doors
against less than fifty during the same
period last year. OF the failures this
year five have been u. S. repositories,
as follows:
The First national bank of Little Rock.
Ark; the Gate City national bank OF
Atlanta, Ga; the Peoples national bank
of Denver, Col; the German national
bank of Denver, Col; the Kentucky ma
tional bank of Louisville, KY. This lat
ter bank, which closed it's doors today,
had, by the last report received, $3.50, 900
of u. S. funds. The government, how
ever, will not lose anything by these
failures, as each national bank that is
government depository has to deposit L.
S. bonds to the amount of government
money il is allowed to carry. These
bonds, in case of the failure of the bank
are sold for the account of the govern
ment, and, as u. S. bonds are at
premium in the financial market, there
is never any difficulty in realizing.
This afternoon Comptroller Ecl1els
ordered bank examiners to take charge of
the failed banks as follows: Escott, at
Louisville, KY; Plummer. at Knoxville,
Tenn; Sawyer, at Russell KaS.; Stone,
at Vernon, Tex; Lynch, at Milwaukee,
Wis
The abstracts Of the reports as to the
condition Of national banks in Boston,
Mass, July u show the reserve held to
be 29S1 per cent, in Buffalo 22.79 per
cent, in Philadelphia 3O.39 per cent, and
in Pittsburg, Pa, 2435 per cent. The
legal reserve is 25 per cent. Of deposits.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-07-26

NEW YORK. July 21.-Bank presidents
today reported that the situation was
fairly easy with some shipments of cur
rency TO st. Louis. Denver and Kansas
City. The sub-treasury was debtor at
the clearing house today s1.S900OO and 1t
paid 81 .375 600 of that in gold, all in
double eagles In addition to that
some of the debtor banks paid their bal
ances in gold, so that more than S1,1OO,-
600 in gold had to be distributed by the
clearing house among the creditor banks
There is considerable dissatisfaction
among the banks at the sub-treasury in
this matter One prominent bank presi-
dent speaking the views Of several OF
them this morning on this subject, said;
Il do not know what is the object Of
this obstructive policy Of the treasury
officials. but whatever it is, it Is an
exceedingly inconvenient one for the
banks WHY the treasury in conducting
its business with the banks should make
Il as inconvenient as possible for the
banks is to me incOmprehensible. If
the government must pay out gold to
the banks why cannot they pay out
five-dollar pieces and two-and-a-half-dol-
lar pieces. Of which they have plenty, in
stead Of double eagles. which we can
not use. The gold coin of the smaller
denominations we could use in making
up cash for pay-rolls. but we cannot use
the twenty-dollar gold pieces for that
purpose, and they are. therefore, prac-
ticaTy not available for every day. or
binary use. 1 do not know what action
the banks will take in this matter but 1
strong protest to the secretary of the
treasury against a continuance of the
practice complained of. We do not know
whether Assistant Treasurer Jordan is
simply obeying the instructions of his
superior officer Cthe L. S. treasurer) in
this matter or is carrying out policy of
his own, but whichever it is it is ex-
ceedingly i'll judged"
The large balance due to the clearing
house today by the sub-treasury was
mainly caused by the payment for gold
delivered to the assay office yesterday.
The payment for pensions. too. at this
time of the year is always unusually
heavy.
The clearing house loan committee met
today but did not issue any more loan
certificates. They arranged. however, for
the retirement tomorrow or Monday OF
$4,000 of the certificates The total
amount of certificates now outstanding
is SO. 1O0.O 900.
Speaking of the general financial stu
alton this afternoon. Frederick D. Tap
pen. president of the Gallatin national
bank, said that he thought there was
decided Improvement. money was easy
and there was n more confident faelfne,
everywhere. With reference TO tomor-
rows bank statement Mr.. Tappen said
he thought il would show large de-
crease in loans and decrease in the de-
posts with a consequent increase in the
reserve. The amount of cash in the
banks would probably be less than last
week.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-07-26

bilities are placed at $3.50, 900. The assets
at this time are not known. The failure
was brought on by an attachment served
on the house at 10 o'clock this morning
by the Union national bank, which
failed to open its doors this morning, for
$71,7S0, and the Colorado national for
$2.S47.74. The president of the latter bank
had a private claim for $4,000. and ID.
Sheedy. an officer in the Denver national,
one for $4,000. The failure was not un-
expected, but 1t had been hoped that
money would be easier and that the firm
would be able TO pull through. The
stringency in the money market and In
ability to place securities or secure an
eXtention from the banks. aided by the
closing of the savings banks yesterday,
was the direct cause. Had the banks
which closed yesterday been able to Sc
cure cash with which to carry them over
the hard spots" the failure could not
have occurred. Nearly the entire amount
falls on Denver banks and commercial
houses.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-07-26
DOUBLE MURDER AND SUICIDE.
Shocking Tragedy which Occurred in
Southern Illinois.

METROPOLIS. Ill, July 21.-The most
shocking double murder that ever oc-
CURED in this section took place in this
city this evening when Richard Shoe
maker killed Richard Lukens, jr.. and
George Lukens. wOunding their father
Richard, and then committed suicide by
sending a bullet into his own body,
All the parties were men of high social
standing in this city, and were well
known throughout southern Illinois and
in Kentucky.
Richard Lukens, jr., married Shoe
makers step-daughter, Miss Lillian
Jones, some three years ago. Shoemaker
was Miss Jones' guardian and upon her
marriage he was called on for an ac-
counting Seemingly he had run through
with a large sum left her by her father
Suits were brought in the courts and a
bitter feeling resulted. Recently a
piano in Mrs. Lukens' possession was
sold by Shoemaker and on it's removal
hot words were exchanged. This even
ing Shoemaker, armed with two large
revolvers, walked to Richard Lukens
jr.'s gate and finding the young men
standing in the yard, opened fire, shoot
ing George in the right temple and then
sending a bullet through Richards heart
as he was holding his babe in his arms.
Shoemaker then entered the yard and
fired shot after shot into the quivering
bodies. Richard Lukens, ST., hearing the
fire, ran to the scene Of the trouble, only
TO be met by the murderer, who opened
fire on him, shooting him in the thigh.
BY this time a crowd was gathering and
Shoemaker ran a couple of squares and
then sitting down sent bullet into his
abdomen and was dead in few minutes.
Shoemaker was about forty years of
age and leaves a wife and two children.
The Lukens boys were aged about
twenty-eight and thirty. Both had
wives and each one child Shoe
maker had been preparing himself all
day and this afternoon showed a bag of
cartridges to a friend, asking in nom
chalant manner If they would kill a
man.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-07-26

STATE OF INDIANA, MARION COUNTY.
IS: In the Superior Court of Marion
County, in the State Of Indiana. No.
$3.50 Complaint. divorce. Henry +.
Canon VS.. Dora Canon.
BE it known that on the eth day If July.
1893. the above named plaintiff. by his at
tOrney. filed in the Office of the Clerk OF
the Superior Court of Marion County, in
the State Of Indiana, his complaint against
the above named defendant Dora Canon,
and the said plaintiff having also filed in
said clerks office the affidavit OF a COM
petent person, showing that said defend
ant Dora Canon, is not a resident of the
state OF Indiana. and whereas said plaintiff
having by endorsement on said compliant.
required said defendant to appear in said
court and answer or demur thereto, on
the 4th day of September 1893.
Now, therefore. by order of said court,
said defendant last above named is hereby
notified of the filing and tendency Of said
complaint against her and that unless she
appear and answer or demur thereto at
the calling of said cause on the 4th day of
September, 1898, the same being the frst
judicial day of a term Of said court 10 be
begun and held at the court house in the
City of Indianapolis, on the first Monday
in September. 1898. said complaint and the
matters and things therein contained and
alleged will be heard and determined in her
absence. JOHN r. WILSON, Clerk.
J. NJ. CROPSEY, Attorney for plaintiff.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-07-26
Condition of New York Banks.

WASHINGTON, July 21.-The official
statement of the condition of national
banks in New York City at the close
Of business July II, based on reports
furnished the comptroller of the cur
rency in response to a call made by him
was completed this afternoon. 1t shows
that the reserve held by the banks was
25.30-1OO per cent. or only 30-100 more than
the legal requirement. Notwithstanding
this apparently slight surplus over the
amount to be held in reserve as required
by law. Comptroller Eckels states that
the New York City banks are in excel
lent condition and show a remarkable
firmness, considering the extraordinary
demands that have been made on them.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-07-26
Gen. Warner Talks.

CHICAGO, July 22.-Gen. A. ]. Warner
of Ohio, the active spirit in the BIZ
in the world, though it has no direct
agency here. He said: We can not
make money any more in Europe. All
the capitals of all the countries are, for
banking purposes, next door to each
other. Transactions of credit and cash
are so immediate that the opportuni-
ties which existed formerly of using
money to advantage in one place where
il is scarce when 1t is a drug In another,
are too quickly remedied to be profit
able
"'why don't you come to American
said L.
"'wen,' he replied. IF was well salts
fled about your financial conditions and
business methods as / am with financial
conditions and business methods as they
exist over here, would transact a large
part Of our business with your country.
1.-The first and at present only condi-
ton (for here sentiment comes in AGAIN.
which will release US from this thrall-
dom of fear and bring to us the conf
dence of our own people and of the
world, is the repeal of the purchasing
clause of the Sherman act"
what about the proposed interior
ence with the existing tariffY
MY opinion is that our industries do
not need to be alarmed"
would 1t not have been an advantage
If congress had met earlier than the
date upon which it has been sum-
moned?"
at certainly would" said Mr. .Depew.
eff for no other reason than the plain
fact that il is the only body compe-
tent to apply the remedy. The sooner
the remedy the sooner the cure of the
disease, and in this instance the remedy
can not be applied too early. The con-
metallic convention, which meets in
Chicago Aug. l, is at the Grand Pacific
hotel I'm conference with local silver men
on the arrangements of the convention
Gen, Warner said: 1.-THE battle of BIZ
metallism has been fought in the forum
of the world, argument is passed. What
is needed is decided action. We expect
a large convention. There will be many
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-07-26

earnest men present-men who under
stand the subject thoroughly The
country is aroused as il never was be-
fore. A sense of alarm is manifest ali
over the country at the possibilities Of
the establishment OF single gold stand
ard. The present financial condition is
largely artificial and amounts almost 20
a public crime. The gold men should be
held responsible for it. He is a fool who
is made to believe that the present
money stringency is due TO the increase
Of S4.000,000 monthly under the Sherman
purchase law"
Speaking Of the much-mooted question
of the repeal Of the Sherman law he
said: 1T will not be repealed without
satisfactory substitute"
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-07-26
Miss CARROTS Suicide.

PHILADELPHIA. July 19.-Miss Emma
Garrett, who committed suicide In Chicago
last night had a worldwide reputation as
a teacher of deaf children. She was the
principal OF the oral school for the deaf
located at Elwyn. Pa, a few miles from
this city. Previous to the establishment of
the Elwyn school she was associated with
her sister in q similar institution at Scran-
con. Pa The Misses Garrett were the
pioneers in this line of teaching in this
country Their method was to take deaf
children under school age and teach them
to read sound by the motion of the lips
Both the Elwyn and Scranton schools have
recently been made state Institutions. Miss
Garrett was between forty and fifty years
of aga.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-07-26
The Worst Over Mt Kansas City.

KANSAS CITY, Mo-, July 1s.-Al-
though last night the bankers of Kan
sas City do not expect to get through to-
day without trouble, none came, and the
impression prevails that today marks
the beginning of the end of the recent
financial furry. There is evidence today
that the people have stopped to think.
1t is a notable fact that no man who had
money in the banks of Kansas City or
the Missouri national has the slightest
doubt of getting every cent of 1t. The
banks in Kansas City which failed are:
The National bank of Kansas City, the
Missouri national bank, the Kansas City
safe deposit and savings bank and the
Bank of Grand-ave., the latter being a
state bank
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-07-26
The Chemical VIII Not Resume.

having in charge the reorganization OF
the Chemical national bank, which sus-
pended some time since, has decided
that resumption of business is not
practical at the present time. The
reasons given for declining to resume
are the stringency of the money market
and the inability of some of the stock
holders to meet the assessments which
would be levied on them if the bank re-
Sumed.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-07-26
A milwaukee, bank Assigns.

MILWAUKEE, Wis. July 21-The
Commercial bank this morning assigned
to A. B. Guilfus, the cashier, who filed
a bond of S1,65O,OOO. The troubles of
the bank are said to result from it's ac-
ceptance Of a large amount of the paper
of Corrigan, Ives & Co.
The officers of the bank are: Z. r.
Paine, president; ]. G.. Flint, vice-presi-
dent, and A. B. Geilfus, cashier. The
capital stock Of the bank was $3.50 000
The July statement gave the total liza
bilities at S1,656 S50.S7, of which 1851, 743. %
was due depOsitOrs on demand and $685.
1882 due depositors on time.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-07-26
Three Southern Banks Fail.

WASHINGTON, July 22-In addition
to the heavy failure of the government
depository at Louisville three other fall
ures Of national banks were re-
ported to Comptroller Eckels this
morning, the failures occurring in
sections wide apart The failed
banks are: The State national bank Of
Vernon, Tex, capital 100000; the First
national bank OF Vernon. Tex capital
$4,000, and the State national bank Of
Knoxville, Tenn, capital $4,000 All
these banks are small institutions, the
deposits in each being in the neighbOr-
hood Of $1,000 Governor Cooper, con-
nected with the National bank Of COM
merce Of Denver, had an interview with
Comptroller Eckels this morning as 10
the bank resuming business. While not
assured. it is probable that arrange
ments may be perfected by which the
bank can resume in short times The
comptroller has appointed William A.
Rice receiver of the Puget Sound national
bank Of Everett, Wash. and Mr.. George
3. Hoffman receiver of the Bozeman ma
tiOnal bank Bozeman. Mont.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-07-26
The Rev. TaImage Talks.

CHICAGO, July 21-The Rev. Dewitt
Talmage is at the Auditorium. Speak
ing of the financial situation he said:
Greater crops will be harvested this
year than ever before and this more than
anything else will create a condition Of
placidity. Congress will meet and
give the country a bread pill,
just as a physician would admin
lister a harmless pill TO a patient
suffering from imaginary disease. Next
winter will. I believe, be a season of
great plentifulness and commercial ac-
tivity, for prosperity always accom-
panies such a reaction
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-07-26
Cheyenne Banks Firm.

The comptroller of the currency re-
ceived advices this afternoon from
Cheyenne Wyo., that the banks there
stand firm. Excitement is ended and
no more trouble is feared. Today's de-
pOsits far exceed the Withdrawals. The
examiner in charge of the First nation
al bank of Cheyenne writes the comp
troller that no more trouble is appre-
hended there and that the depositors
who withdrew their money from the
First national bank are now depositing
it with the Stock Growers national
bank. Runs on banks have ceased.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-07-26
Forced to Suspend.

ARMOURDALE, Kas., July 1s.-The
Citizens bank suspended payment today.
with assets of S151,5OO and liabilities of
$126, 500 State Bank Commissioner Bret
denthal took possession of the bank.
Among the heavy creditors of the bank
is the county of WyandOtte, which had
on deposit some $40,0 900 of its funds.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-07-26
DUEL To THE DEATH.
Two Mexicnns Have Their Wounded
Honor Satisfied.

VICTORIA, Mex, July 21.-A duel that
resulted fatally to both the principals
took place in the outskirts of this city yes
terday. Francisco Villareal, a prominent
voting law student and Juan Rangela, a
young business man, became involved in a
quarrel over a young lady. and they en-
gagged in duel TO satisfy their wounded
honor. Rangela used a knife and Villareal
a pistol Villareal was stabbed three times
but as he fell he fired a bullet into the
body OF Rangela. Both men lived but a
short time
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-07-26
One In Ohio.

TOLEDO, o., July 1S.-The Citizens
bank Of Ada, the most prominent one
in Hardin county. failed to open its
doors this morning. Peter Ahlfield has
controlled it for over a quarter Of CEN
fury and is one of the wealthiest men
of that section. No statement of assets
and liabilities or the cause of the failure
can be obtained.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-07-26
Preacher Guilty of Abduction.

VICTORIA. b. c., July 20-The Rev. A.
r. Reams. the Mercer. Cal, preacher, who
abducted Lucy Rucker, the sixteen-year-ol
daughter Of one Of the deacons of his
church. seems to have escaped. Reams' ar
rest here a month ago was followed by
lengthy legal proceedings which finally re-
suited in the issuance OF extradition papers
by the Ottawa authorities
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-07-26
Silver Rought Mt 20.

WASHINGTON, July 21.-In purchas-
ing silver bullion today at 20 cents per
ounce. the treasury department paid a
lower price than it has ever paid for
the commodity. The highest price paid
for silver bullion under the Sherman law
was 81 20 per ounce.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-07-26
A Washington Failure.

ANACORTES, Wash, July 1s.-The
bank of Anacortes failed 60 open its
doors today owing to inability to realize
on securities. Liabilities $4,000; assets
SIS, 900. Depositors will be paid in full.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-07-26
DefauIting Cashier I'm jan.

TACOMA. Wash, July 2O-S. B. Dusin-
berre. cashier Of the Bank of Puyallup,
who was arrested for embezzlement of
81, 600 and released on bail, has been re-
arrested on a second charge of embezzle-
ment. He was held IN $1,000. in default of
which he went 70 jail.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-07-26
PANIC IN DENVER
Suspension of Other Banks
in the City
Because of an Army of
Scared Depositors,
WHO CROWD THE STREETS.
The Senseless "Run" Lasts But
Short Time,
And a Feeling OF Confidence
Rules Again.
WHO CROWD THE STREETS.

ID. III. Moffatt Secures Heavy Ship
ments of Money from the East to
Tide His Bank Over the Difficulty
Kansas City's Trouble Over FL
nances Practically Over-FaiIures
of Other Small Banks Elsewhere.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-07-26

lie. There has been displayed a wisdom
that has met every emergency, and the
safe financial condition of affairs on the
part of the banks has been a constant
source Of inspiration &c all the country
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-07-26
Because Its Bankers Are
Paid Double Eagles
Instead of Gold Coins of
Lesser Denomination.
THE BANKS MAY PROTEST
On Account OF the So-Called
Inconvenience.
The London Market Regulates
the Value OF Silver.

Further Shipments of Currency from
St. Louis InstitutiOns-The Failure
of the Commercial Bank of NIL
waukee Confidence at Denver -
Other News of the Financial Out
look.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-07-26

Persons suffering from sick headache,
dizziness, nausea. constipa don, pain in
the side, are asked TO try one vial Of
Carriers Little Liver Pills.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-07-26

Or. Shops Restorative Nerve PILLS
sent free with Medical Book TO prove
merit. for &c STAMP. Druggists. 25c. DIR.
Shoop. Box X. Racine. Wis.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-07-26

Europe $21S.5OO in gold and s315,OOO more
will be started from the other side to-
morrow
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-07-26
OTHER BANK FAILURES,
SUSPENSION OF THE KENTUCKY Ma
TIONAL OF LOUISVILLE

And the Milwaukee National and
South Side Savings Institutions
The Feeling on the New York Stock
ENchanSe-Other Business Matters.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-07-26

The McNamara dry goods company,
one of the largest institutions of the
kind here. failed this morning. The La
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-07-26

"E. II. GARY,
ar. J. BENNETT.
ass. 2. GROSS,
"a. b. BARNES,
"W. VAN NORWICH,
Committee"