The Oskaloosa herald., 1896-12-31
THE HERALD. osKALoosA low, THURsDAY. DEoEMBER1sl 1896.

pared with reports fled with the de-
partment some time before election, on
quarter Of $10.54s092. The undivided
rtember 8. The total of
New York city banks amount 20
,559,191, an increase during the
p4~fts amounted to S3,373,a60, an I'm
crease Of $6s7.s73. The amount due
depositors increased $6,167,2 S7 to S112,-
7o9, los. The total surplus decreased
$s77,334 to $1I,ss7, 700. The loans and
discounts increased s1s1 ,064 to Ss2,3Os,-
zee. The amount of specie, United
States legal tenders and circulating
notes and cash items has increased by
nearly $1,000, 900. The liabilities and re-
ources of the New York city banks
on December 9 footed up a.total OF $685.
559,19s.
VIII Go Out of Business
Kansas City. No., Dec. 2e.-The Nc
Coy Banking company of Independence
went into voluntary liquidation Mon
day. The bank refused to receive de-
posts in the morning and began pay
ing its depositors in full. There was
no run on the bank, and the directors
put an advertisement in the Independ-
ence newspapers asking ~depositors to
come after their money: The reason
given for the bank going out of bust
e s. is that it's president, William Nc
Coy, is too advanced in years to man
age its affairs longer. He is IS years
old. The capital stock of the bank is
$4,000. On August 10, when the last
report vas made, it owed to its de.
positors $55 $50. It's outstanding loans
amounted to $72,262.
In q Receivers Hands.
Brooklyn, Dec. 29.-The jewelry firm
of G. C. Adams is insolvent and in the
hands of a receiver. John A. Dressed
was appointed receiver by the circuit
court of the county of Ohio, W. Va, and
Justice Osborne in the supreme court
here appointed Mr.. Dressler ancillary
receiver of the property of the firm In
this state. The firm is a West Virginia
corporation. The value of the firms
property in New York state is $43, 900.
The outstanding indebtedness is
claimed to be about 8 $4,000.
Chicago Company Fails.
Chicago, Dec. 29.-The Excelsior Ma
chine and Boiler Works company, West
ern avenue and Sixteenth street, has
failed. The company made an as
signment in the county court to the
Equitable Trust company. The assets
of the corporation are $4,000 and the
liabilities are said to be about the
same. The only cause assigned for the
failure is hard times and business de-
preston. The assignee took charge of
the works.
Fort Wayne Firm in Trouble.
Fort Wayne, Ind, Dec. 29.-After a
quarter of a century of business activ-
ity the dry goods firm of NJ. Frank d
company, has executed a chattel mort
gage in favor of Fort Wayne credit
ors to the extent of $35, 800 and placed
it's business affairs in the hands of Ben
jamin Rothschild as receiver. The
firms stock will invoice, it is estimated,
in the neighborhood of 100000.
Assigned.
Sioux City, Ia, Dec. 29.-The White &
Howe company, retail shoe dealers, has
assigned for the benefit of creditors.
W. L. White, the president, said the
failure was brought on by bank failures
here and at Chicago. He believes the
firm will pay 100 cents on the dollar and
be able to resume business. The cred
itors are mostly eastern shoe firms.
Dry Goods Merchant ais
Marquette, Mich, Dec. 90. Louis
Grabower, the leading dry goods mer-
chant of this city, and having a large
branch store at Baraga, failed, his
stores being closed under foreclosure
of chattel mortgages aggregating $22,-
900. No statement of assets and La
bilities has yet been made.
Grain Dealer Falls.
San Francisco, Dec. 90. Herman
Waterman. one of the oldest and best
known grain dealers in this city, has
filed a petition in insolvency. His La
bilities are $33,267; assets, $15,707.
Minneapolis Bank suspends.
Minneapolis, Mimi, Dec. 90. - The
Scandal bank suspended Monday. 1t
was one of the smaller banks of the city
and was loaded up with real estate on
which it could not realize.
Cincinnati Dry Goods Firm Assigns.
Cincinnati, Dec. 29.-George F. Gras-
sci & Co., dry goods dealers, assigned
Monday morning. They have been in
business for 20 years. Assets, 500, 900;
liabilities, $4,000.
Car Company Fails.
Laconia, N. h, Dec. 29.-The Laconia
Car company was forced into insolvency
Monday. The total liabilities are placed
at $617,00O and assets at $407, 900.