The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-12-31
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BUSINESS TROUBLES.
Easier Feeling at Minneapolis
small Concerns Go gpaer

MINNEAPOLIS, Dec. 2o.-1'he financial
situation is much easier today. The an
nouncement that the Bankers Exchange
bank had ssls pended ps.s nst NJ for few
DAYS caused scarcely a ripple, as the insti-
tuition il small. with only SSa. zoo capital.
A run or this bank has taken SsS.0oo from
1t IN three weeks. Cashier Field declared
he had plenty or ready money. but pre-
ferred to await the bank examiners ad-
vice before making further payments.
The Northern Trust Company through
Vice President Maxwell. applied to tho
district court for receiver. The hearing
was postponed for a week Ex-Cov. A. r.
MeGin Is president The company sas-
pended payment IN 1853. but afterwards
resumed.
APPLETON. Wis Dec 5a.-John 4. Van
Nortwfck has made an Individual assign
ment of his Fox River interests. naming
Postmaster John Baer. OF THE city. as
assigned. He has given bonds for s2o0oga
The principal properties in tho assignment
are the plants of the combined Lock Pa
per Company and the Appleton Paper and
Pulp Company. Van Nortwick took tnts
stsp TO protect himself.
The property turned over 10 the assignee
includes al the interest OF John !. van
Nortwick In the Combined Lock Paper
Company. tho Appleton Pulp and Paper
Company. the Union Pulp Company. cf
kaukauna: the Wisconsin Fibre Company.
OF Monico; the Appleton Edison Electric
Company, all his real estate in this city
and 40 shares IN the Green Bay q Mis-
sissippi Canal Company. whieh owns or
controls by lease the great bulk Of the wa
ter power of the Fox river.
CHICAGO. Dec. a0.~-As "A result OF a
conference this afternoon between Will
lam Van Nortwiek. Congressman Hop
kina Charles Quarles. Of Milwaukee. and
Attorney Green Of this city. II was agreed
that the batavia bankers should aisle their
creditors for more time. in order that they
may be able TO pay in fun their obllga-
tons.
ZANEsVIII.E. o.. Dec. 3o.~The Baiti-
more H. Ohio railroad shops az this place
have been ordered closed until further no-
tice. -Four hundred men are thrown out
or work.
BIRMINGHAM. Ala. Dec. q. The Com
mercial bank, of Selma. Ala. failed today.
II wa. established IN 1880. and has y paid
UP capital of s309. .oa8: undivided profits, So
oe0 The New YoFk correspondent - tha
American Exchange National, and CHI
caseo correspondent The First National X.
81. Nelson. president Of the Commercial.
has for years been prominent IN financial
circles. lie was considered q conservative
banker.
NEW YORK. Dec. 3o-Evsrctt's hotel.
Veaaey and Barclay streets. one ~ the
Oldest and best known establishments Of
vs. Kind tn Figts city, &aa closed today.
Tts proprietor. samuel ~. Everett. hss
been IN financial trouble for some tue.
Charles q. Rose. dry gOosfs COMMISSION
merchant. assigned today. About SSep@ -
involved
NEVADA. No. Dec. 30.--The James,
Jesse C0mfniARlcn Company cloned ia
exchange here today because ~ the fall
ure Il "A commission firm at Chicago yes
far,9av Tzerr iiab bties are not known
WEST SUPERIOR. Wis. Dec. 19-The
Anchor Gran Company, operating the
Superior BOARD OF Trade, assigned this
morning
MASON CITY. Ia. Dec. 81 =. Hutch
ms. of Rockwell. failed today. Liabilities.
81 0os. assets. s2s
GoTTVERNEUR. y. Y. Dec. - James
G Lee, proprietor of the EdEeNood hotel.
at star Lake. ln the Adirondacks. ana
largely Interested i8 several other ven
tsires. made an Assignment today The la
bltliflss wfli he heavy
SAX FRANCISCO. Dec. ~ Levin Bros.
grocer. have failed with liabilities stated
bv the firm 80 he 80 10 Tho firm has
operated fwo stores here. no in Oakland
and one % Berkeley The Retsn Gfocera'
Association has notified the creditors ~
LEVIN Bros that II they accept settle
neut from the embarrassed firn 0f = per
cAnts or 90 par cent ~ their indebtedness
other retail srosers of this city VII boy
ea.t auah vholesaie firms as aaree 20 =
compromise wtth Levin Bros The latter
have been undersestrg other ErDc"rR.
hence the present enmffy and be attempt
20 keep Levin Bros. ont o. bsiaih is.