The Atlanta constitution. [volume] (Atlanta, Ga.) 1885-19??, 1893-07-04

mann the SOlld men OF the state anu HIVE
contributed largely to the building up of
schools and churches and factories and rail
roads. They are modern sef-made south
erncrs, Il class that forms il striking con-
trast to the dignity and the repose OF the
old patriarchs whose beautiful homes adorn-
cd the hills and groves of the south before
the war.
But the children of those old patriarchs
had to come down some and the children of
the common people came up some. and they
have met upon Il common plain and are now
working happily together both an social and
in business life. Spirit and blood have
united with energy and muscle, and it makes
a. splendid tcam-the best all-round team
the south has ever had. BILL ARP
MORE BANKS SUSPEND.
A Large One at Buffalo Clo.es Its Doors.
Bank Examiners Kept BUSY.
Buffalo, n. Y, June 26-The Queen CITY
bank, of this city. has failed me state S,l,
sr-tnSion and will send an examiner mere.
The officers are hopeful that The bank Will
resume. 1t owes depositors over $l,4Go,ooo.
The president until recently, when ne resign
ed on account Of i'll health was William II.
Johnson. Since his resignation the bank mas
been in charge of a committee Of three or IT'S
directors Liabilities Of the bank, ACCORDING
to the June report, are S2'42ltS.
Topeka, Kan, June 26-Thc Bank OF Ness
City has been closed by state Sank Examiner
raise money among is eastern S'ochpoiuerS
to tide it over rs present embarrasS S,,
This bank which has capital OF Hfup'" 'o man,
81 300 depoSitorS, and when the pahh COMP
troIcr took charge it had on hand Just SS'.2':
Bank Commissioner Brcdenthal SAYS the o'hN
was loaded down with real estate.
Minneapolis, Mimi, June 26.-l'hc Bank OF
New England has suspended. The bank mad
cosh available $4,000 on May 4th. 'he tlme
of the last report; but its nahiltleS were
eooo 600 and assets somewhat in excess OF
that amount No other banks are III any way
involved as they were warned by the nlaae
bank failure. Inc pahN WIS vi 7'''i'
Wilmington. O., June 2G-News has been
received here that the Sabina BANK pllH"1e
h,n,5inp institution OF this county. mas Sus-
nandad II had capital Of about SZ'''oo.
A wealthy farmer was president anu i'' sun
cashier.
Now, YORK. J,ne 26.-Mann Brothers, cloth
inq dealers at 314 to 31S broadway, TO-DAY
confessed Judgment. ,. o++orrors
Herrwitz q Hcrschcld, the hrh "S S.mn NU
saw that the liabilities are ABOUT Fou ' "'o tn
onc-half of which Is borroWeN money anu 'nt ne
other half is for merchandise Inc NaLu e, .,
the assets is not known. Thcy consist o. a
i ,n" Stock of goods ,he failure Is attrlbut.
Cd 10 several causes stringency OF ,ne liiourS
market being the primary one hS ',, 'o t,,rod
,,nnhla to meet the payments as they fialuItu.
"hcster pa June 26.-Crim Creek IRON
ann steel Company has made an aHSisna ,,li',
The company estimates it's ilaoiill'S az ,"oh
$120o0o, and assets. ,nT,,'' Hirtnnliv make II
solvent but the assets include apou, FhGon
due the company from 1ofl n "7I II1is henyy
~ not c,nsiderci worth anything. Inns ut''
ioss and tbc dullness of the iron trauc lli'auc
nnympnes slow and threatenen "ul,S ~ vhich
itors led to the assignment. Inc i'""''
is located here will be sold - y =.
- riOcinna+{ June 26.-At Hamilton, o., &c
T o'clock this evening Louis Snyaer m"n5' t tn
the probate court mace 1dr,i mn Of their four
a rntS noner mills Mt Hamilton, of real estate
F. Rutler county and Of their greaC R Tbpnir
warehouse and cont miliion dollars, Of which
a sSsG 900 are e debts due them The liabilities
Are less than 100000.
roo,- TJovon. Pa. June 2S.-The doors OF
tho state bank of Lock Haven were not
.onanod This morning A notice was posted
on the door which read:
nv order of the board of directors, this bank
has been closed for the purpose 81 sGlf fp i1l'
Boston, June D. w. e. Jackson x
Co. coal dealers, have assigned Llabliltles
Edwardsville. ILL.,. June 2S.-The hard
ware firm of II. G.. Greinmer 4 Co, of
Crana Fork. has failed. Liabilities
S:34, 900; assets ST ,OCO.
Minneapolis, Mimi, June 2S.-The sus-
nension of the st. Paul and Minneapolis
Trust Company was announced laSt hishI.
4 card from the president says the assets
exceed the liabilities by S2Oo0o' and that
lief is that it will do so and resume bust
ness. Its president is Governor McGlll;
vice president, Congressman Loren tletch-
er; capital stock, S30o,ooO.
SILVER Mines Closing.
Salt Lake, Utah, June 2S.-The fall
in silver causes dis1nay to mine owners III
This region. Yesterday the Daly-West
mine at Park City was ordered closed
down. The Diamond mine at Eureka,
Nevada. and Old Jordan and Galcna ut
bingham. Utah. We're also ordered closed
Owners of the following mines say they VIII
close in Il few days: Sampson, at bingham;
Bnllion, Peck q Champion, at Tint; Car
cline at Eureka: Yosemite, ut Bingham
Crescent, at Park City and another at
Park City. All have been strong purchas-
erS.
Shutting Down the Mines.
Denver, Col. June 29.-The Mollie Glib
son mine at Aspen, the largest SILVER pro
Queer i'll the state, closed down yesterday,
and will not resume operations until the out
look for silver has improved. All big prop
critics in that place have reduced their
forces, 800 men being discharged yeSter-
day. A meeting Of mine managers Will be
held today to consider the situation and
take concerted action. Shelters ceased
buying ore and will confinr themselves TO
that on hand or contracted for
Denver, Col. June 2o.-A large<number
of representative mining men OF the state
met at the Brown Palace hotel this after
noon and unanimously decided to completely
close down all the smelters, mills and sill
yer mines in Colorado. The meeting adopt
ed the following resolutions: Declares
that the world cannot transact its business
without silver money; that the actual cost
of the metal far exceeds the incorrect views
that the monometaliSts have formed; thar
the inevitable course of events Will quickly
demonstrate that the enormous sums OF
money invested in railroads, loans and other
properties will deprecate in value that the
monometalsts will also be convinced that
silver must be restored to thG use 1t has
always held 1t was therefore resolved to
completcly close down all the silver mines,
mills and smclters in Colorado until such
time as silver is appreciated at its proper
worth.
This action will throw many thousands of
persons out of employment.
Omaha Neb, June 20.-There is strong
probability that the Big Giant smelling and
refining works i'll this city will be closed ON
account of the decline in silver. +. w.
Nash, treasurer Of the company, said yes
tcrlay: 1--WE have quit buying and shall
buy no more silver until matters take Il
AAfferent turn. If we cannot afford to work
silver we shall have to shut up shop
st. Louis, No. June 29.-Thc st. Louis
4 Of