The Democratic advocate. [volume] (Westminster, Md.) 1865-1972, 1897-01-09

patches.
MONTPELIER, VERMONT, January 1.-THE
Farmers Trust Company, of Sioux City, Iowa,
which closed its doors this week, was an IN
stitutisn in which many people in this vicinity
had faith, and the failure will prove hard
blow to its Vermont investors. II is estimated
that 800, 900 in stock of the company was
held in this county. According to returns
since the failure, eighty per cent. OF the la.
biIities of S135, 900 is said to be due the peo-
pie of this state. Frank A. Dwinell, the
president, George w. Wing, the treasurer,
and Clark King, one of the directors, reside
here, and the company had an Office in this
city.
Vests Weekly, Republican. of Stanton,
Virginia, has been placed in the hands OF a
receiver
LIBERTY, ND, JAN 3.-Henry Hustled,
cashier of the Union County National Bank
of Liberty Indiana, found hanging 10y
the neck to rafter in his stable Saturday.
His knees were touching the floor, and he was
dead when found by his son. Husted's finan-
ciaI affairs were believed to be in good con-
dition. He was 81 years old.
The past year was bad one for railroads,
since ), AL miles went into the hands of re-
ceivers, involving $17S, 064, 900 of bonds and
$1O2, 533, 900 of stocks. The B. and o., with
1904 miles, and the Louisville, New Albany
and Chicago, with sol miles, were the prin-
cipal sufferers. The present era of receiver
ships began, says the Railway Age, in 1892,
when 10. sos miles of road were involved In
1893 the mileage was 29,340 miles, IN 1894
it was 7,025 miles, in 1895 it was ,089 miles.
| To find like figures we have TO go back to
| 1885. when 1886 miles went into receivers
hands. and 1884, when the mileage was H.
OBS miles In the intermediate years the
average was little over 1000 miles. The five
wears beginning with 1892 broke the record.
| Foreclosures in 1896 affected 1878 miles and
| 81, $50, 377 600 of stocks and bonds. Since
1876 the sales under foreclosure have aggre-
gated 80, 487 miles, with S., 440, 2S9, 900 OF
stocks and bonds.
The Sullivan Savings Institution, of Clare :
mont, N. H., has been placed in the hands of
assignees.
The Western Paper Bag Company, of Ba
tava, H., one of the Van Nortwick plants,
was placed in the hands of a receiver by the
United States Court at Chicago on Saturday.
The receiver was required to give bond OF
100000.
A receiver has been appointed for the Lit
tie Rock and Mississippi Railroad, a short
uncompleted line near Little Rrck, Arkansas.
The employees of all the mines in the Mas
sillon. Ohio, district, about 1000 men, have
struck on account of reduction III the price
of pick mining from 81 to 81 cents per ton.
The employees of the Illinois Steel Com
pany have been notified that their wages
would be cut on February l. There are
$500 men employed at the South Chicago
mills
NJ. W. Pyne, dealer in musical instruments,
Petersburg, Virginia, made an assignment.
The Aberdeen Can Co., of Hartford county,
Nd, has been placed in the hands of re-
ceiver.
Attorney General Maloney, of Illinois, has
filed an information in court, at Chicago,
against the International Building, Loan and
Investment Union, declaring it to be insolv-
ent, and for the appointment of a receiver.
The Mercantile Trust Company, of New
York, filed bill in St. Louis Thursday for
foreclosure against the St. Louis, Salem and
Arkansas Railroad.
Quigley & Mullen, wholesale grocers, Will
mington, Delaware, have failed; liabilities
$76, 900, assets S26, 900.
Liebler & Mas, printers and photographers,
New York, have assigned. Liabilities, $685.,
179; nominal assets, 1928, 598; actual assets,
$34, 1888.
At Liberty, Ind, the Columbia Drill Com
pany has gone into the hands of receiver.
The assets are 81, 900.
]. H. Johnston & Co Corporation, dealers
in diamonds, jewelry and silverware, New
York, have assigned.
A receiver has been appointed for the Dor
ner & Dutton Car Wheel Manufacturing Co.
Covignat judgments amounting to SOS, 900 were
previously taken against the company.
The Bank OF Canton, at Canton, Mimi, and
the Citizens Bank, of Lanesboro. Mimi. both
owned and operated by Field, Kelsey & Co.,
have suspended business.
The Commercial Bank of Eau Claire, Wis,
capital $40, 900, closed Thursday. Depositors
will be paid in full
The Iowa mortgage Company of Hartford,
Connecticut, has asked for receiver. Liza
bilities $218, 129, including 100000 paid up
capital
C. L. Richardson, grocer, and Mrs. H. F.
Brown grocer, both of Norfolk, Virginia, have
assigned.
On Monday three more banks closed their
doors in st. Paul, Minnesota.
The Merchants National Bank of Dew
lis Lake, North Dakota, and the First City
Bank of Moran Springs, Iowa.
NJ. Schneeberger, Westminster, Nd, dry
goods, notions, &c.
George E. Mather &. Sons, printers ink
manufacturers, New ork city have failed.