The Oskaloosa herald., 1896-12-31
THE HERALD, osKALoosA IOWA, THURSDAY, DEoEMBERa8l 1895.

pared with reports filed with the de-
partment some time before election, on
quarter of SI0,54s, 092. The undivided
ctember 3. The total resources Of
La New York city banks amount TO
S ,55s,19I, an increase during the
pShts amounted to S3~,373,360. an in
err ee of s6s7,s7S. Il nour due
dep itors increased $6,167,z37 10 S1i2,-
1921 !. The +atal surplus decreased
$s77,3s4 1-s7,700. The loans and
discounts increased s1S1 ,064 to se2,s0s,-
zee. The amount of specie, United
States legal tenders and circulating
notes and cash items has increased by
nearly 100000. The liabilities and re-
sources of the New York city banks
on December 9 footed up atotal OF $685.
559,19s.
VIII Go Out of Business.
Kans 5 City, No., Dec. 29.-The Nc
Coy Banking company of Independence
went into voluntary liquidation Mon
day. The bank refused to receive de-
posits in the morning and began pay
ing its depositors in full. There was
no run on the bank, and the directors
pun al ddfCI bdbEllCuI LII NhC IN
ence newspapers asking depositors to
come after their money: The reason
given for the bank going out of bust
ness is that its president, William Nc
Coy, is too advanced in years 20 man
age it's affairs longer. he is IS years
!. The capital stock of the bank is
1000. On August 10, when the last
bort was made, it owed to its de.
sitors $55, $50. Its outstanding loans
amounted to $72,262.
In = Receivers Hands.
Brooklyn, Dec. 29.-The jewelry firm
of G. c. Adams is ~insolyent 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 b. about $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 Il
company, has executed a chattel mort
gage in favor of Fort Wayne credit
ors TO the extent of $35, 800 and placed
its 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 81
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 Fails.
Marquette, Mich, Dec. 20. - 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 &c.,
900. No statement of assets and liza
bilities has yet been made.
Grain Dealer Fails.
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 liza
bilities are $33,267; assets, $15,707.
Minneapolis Bank suspends.
Minneapolis, Mimi, Dec. 30. - 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, $4,000;
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 S617, 900 and assets at $4O7, 900.