St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-07-15
are largely in mercantile and bank

The National Bank of Kansas CITY
had capital stock of S1,000.000. At its
last statement, on May 4, it had a sur
! plus fund of 100000 and undivided
profits of S24, 660.24. Its circulation in
national bank notes was $4,000. which
was secured by $4,000 in United States
bonds. 1t has outstanding loans of
about s3,500.000.
The National Bank of Kansas City
was an outgrowth of the bank Of North
rup d Chick, which was the pioheer
banking establishment of Kansas CITY.
In 1862 the firm removed to New York
city, where in 1872 it failed in the panic
or 1873. 1t afterwards paid out in full.
The following year Northrup & Chick
returnedto Kansas City. and in 1875
they organized the National Bank of
Kansas City.
-Four of the national banks today pub
lish reports of their condition at the
close of business July IL, being the re-
t port ca called s for Yesterday by the comp.
troller of the currency. The report of
the Citizens National shows deposits of
100, with cash reserve of S401, 266:
Union National, deposits 81. 500, 200, cash
reserve S954,277: Missouri National, de-
posts $500, 500. cash reserve S271, 024:
Metropolitan National, deposits, 81, 9U5,-
200, reserve 1891 200. The publicatio
OF these statements today, which are ex-.
ceptlonally favorable, is expected to
allay in great measure the uneasiness
caused by today's failure,
ST. LOUIS, Mo-. July 1.-THE st.
Louis Lumber company assigned this
afternoon to F. w. BelnIdiek. Assets
$4,000; liabilities about the same. The
failure was brought about by losses in
the Haydock Bros. failure and that of
al. linn Hoo.
dealer. Another cause is the dSap-
pearance of Hubbard V. Jones, of the
firm of Jones, Mcpherson Il Co.. who.
IL Is stated, has gone away, allowing
notes involving the failed fam to 20 to
protest.
CINCINNATI, July 1.-THE Buckeye
Cycle company, of this city, failed to-
day. Assets, $4,000; liabilities, $50
600: The cause of the failure is the
stringency of the money markets
North ADAMS, Mass, July 1.-THE
windsor Print Works, very extensive
American manufacturers of prints.
closed yesterday for the remainder of
the week, and will run but three DAYS a
week until the demand for prints re-
turns TO normal proportions. The CON-
pany has been doing splendid business
and is sound financially, but deems pre-
'cautlonary measures necessary in order
that 1t may not become overstocked
with goods.
Monday last tramp who gave the
name OF Alfred Wilson was arrested for
drunkenness in Filchfield, Mass. He
WAS fined So Tuesday. and, being unable
to pay, was sent to Jail. Yesterday he
was Informed that he had inherited $50
600 by the death of his father, wealthy
resident of Blackstone, Mass. His real
name is Daley.
MERIDEN, Conn.,, July 1.-THE state
ment telegraphed from Hartford YES
terday that the Charles Parker COM
pany, of this city, had closed its works
indefinitely is declared here to be an
error. the works being closed till Aug. l
only.
ST. LOUIS, July 14.-The st. Louis
Lumber company made an assignment
today. Assets are placed at $4,000
with equal liabilities. The failure is
said to be due to the recent failures of
other firms.
New YORK. July 14.-The directors
of the Colorado Fuel and Iron company
have declared 4 per cent dividend on
the preferred stock, payable Aug. l.
CINCINNATI. July l4.-The sheriff has
taken charge of the Buckeye Cycle
cOmpany's affairs, at their establish
ment, % West Fifth street. -
New York, July 1.-the r. B. Beau
mont company, at 63 Murray street, this
city, manufacturers of jelly, assigned
today to Charles Haldane, without pref
ereiee.
FORT WAYNE, Ind. July IA spe-
cial TO the News IRON Plymouth, Ind,
says:
Rusk IL Toan, bankers and dealers in
hardware, closed their doors this morn
ing and assigned to II. 3. Oglesbee.
They have been i'll business without
change since 1858. 1t is years since a
failure occurred here, and the conf
dence was so great that private citizens
and business men are caught for thou
sands of dollars.
CHICAGO, July 1.-the Chemical
bank will be open for business tomor-
row. The amount of money necessary
to be deposited with the comptroller of
the currency-l0 per cent of the capital
stock of 00,O00-has been so depos-
tied. and all is in readiness for a re-
sumption Of business. 1t is estimated
that the impairment of capital caused
by the forced suspension OF the bank
will amount TO Is per cent, or about
$4,000. This loss is absolutely all that
has been sustained. There will be new
directors and new officers chosen, and
the concern will be managed by persons
other than those HhO were III control
when the ban closed.