davidaulloa/AmericanStories huggingface dataset:
The Barre daily times. (Barre, Vt.) 1897-1959, 1903-10-22
PITTSBURG
BANK FAILS
Comptroller Of Treasury Appoints
Receiver For Federal National
RAID MADE ON ITS STOCK.
Institution Had Been Regarded as
shalsy For some Days. but
President Declared It to
De All Right.
RAID MADE ON IT'S STOCK.

Pittsburg, Oct. %. The doors Of the
Federal National bank are closed. The
following notice is posted in explana-
ton;
Closed by the authority Of the comp
troller of the currency.
JOHN B. CUNNINGHAM, Receiver.
Some such action as this has been
within the possibilities for the past
two days, forecasted by the determined
raid made upon the institutions stock
on the Pittsburg Stock Exchange The
positive statements. however. OF the
president. ]. A. Langfitt, 10 the effect
that the bank was not in need Of mon
ey and that its losses would not az
feet its capital or surplus did much
toward alIaying distrust on the part
Of its depositors, thus preventing q
run.
The closing of the bank was decided
upon at a meeting of the directors
which did not break up until ? a, m.
4 AT that hour none of the officials would
make a statement, and locally the out.
come Of the meeting was not generally
known until the receivers notice was
/ posted at 0 o'clock
The bank is a United States deposit
tory and reported On hand Sept 9
$4,000 Of United States deposits.
Capital stock s2,ooo,ooo.
The bank was chartered Nov, 16,
1901, with a capital stock Of S2,0o0i000.
il Joseph A. Langfitt is president, and
/ George w. Eisenbeis is. cashier.
The following is a statement of the
banks resources and liabilities as
shown by the last report Of condition
to the comptroller Of the currency
II Sept. 0:
Resources. Loans and discounts, So
036. 072: oyerdrafts, S463; United States
bonds, $500, 652; stocks. securities, etc,
ST, 800; real estate, S26.849; due from
banks and bankers, 81, l3o,592; cash
. and cash items, S675, 652; total, S7,693r-
7s2.
Liabilities Capital stock, $1,000
600; surplus and undivided profits,
S5s0,669; circulation, 100000; due to
banks and bankers, S2375557 unpaid
dividends, S5, 44s; deposits, S1,932, 107;
bills payable, 100000; total $7693, TS2
NO Cause For Alarm.
Robert s. Smith, president OF the
Union National bank and president Of
the Pittsburg Clearing House assoeia.
ton, said:
"There is not the slightest reason fol
any alarm, and if people will only keeI
: cool there viii be no trouble. | was
assured last night by President Lang
fit that every depositor would get eY
cry dollar due, and believe the state
ment. The bank has some exeelleni
assets, and there seems to be no reason
why depositors should not get all com
ing to them. 1t Ii possible that some
/ small country banks which do business
E through the Federal National may bt
:. temporarily embarrassed. but even a
s that it will be only temporary"
] Bankers and brokers are of the opin
ion that the closing Of the bank unit
I its affairs can be adjusted was the hes
thing to do under the circumstances
The talk about the bank affairs hai
] been drag to the market, and the be
lief is that the action Of the director
! will have d good effect on the genera
z situation rather than an injurious ef
s feet
The Barre daily times. (Barre, Vt.) 1897-1959, 1903-10-22

j., designed for the construction Of chi
wheels at the time the option on II
was given 1t was engaged, he said, III
an experimental way making some
motor vehicles. He said thirty oil
forty men were employed at the time
and that he thought 100 OK more mia
chimes had been made
The witness produced copy Of the
option. The agreement for the sale oil
the plant for 81, 100000 was made witt
]. " Young, but the option was giveH
to Mr.. Nixon.
What Canda Received.
The witness said the plant did nc
shipbuilding, but the site and build
ings could tie used for certain Of the
combinations work The Canda com
pany received 100000 in cash, $500,
600 IN bonds. 100000 in preferred
stock and 100000 ia common STOCK
and paid no commission to any one
Tho witness said the Canda company
had never shown any earnings.
Under cross. examination the witness
testified that the Canda company had
s0Yenty-hYe stockholders. The SIU0sU0t
received IN cash was used to pay Ger
tain indebtednesses. The sum was
paid In three checks
At this point james b. Dill, counsef
for the Trust Company Of the Repub
lie, produced the checks. One was fol
100000 another for Ss7, 900 aud the
third for $4,000.
These checks were made payable tt
Lewis Nixon.
Lewis Nixon succeeded Mr.. Cando
on the stand. He told Of his resigna
ton from the cramp shipbuilding com
pany and the leasing Of the Crescent
shipyard from the Moores IN 1891. He
held the latter until it was turned over
to the shipbuildlng combine. He held
the old Crescent yard under lease. hui
had ct the same time bought ana built
new plant. He purchased iii a. ths
MooEes' interest finally and turned Il
over to the shipbuildlng COMPANY. Ths
witness then told Of the first attennts
to consolidate the shipyards in 1901
The Barre daily times. (Barre, Vt.) 1897-1959, 1903-10-22
sERVIAE REGI0IDEs PAID 2
Report Tint They Have Been Given
Cash Rewards.

Cash Rewards.
Vienna, Oct % a story is pub.
lished here to the effect that the Ser.
Wan army officers who assassinated
King Alexander and Queen Draga re.
ceived payment as follows.
The queens brother-in-Iaw. Colonel
Maehin, now commander OF the Bel,
grade and Danube divisions Of the
army, $4,000
Colonel Mischitch, recently depart
mental chief OF the ministry Of war
and two others. $4,000.
Junior officers, from 500 to $1,000
II Avakumoyics, for undertaking The
leadership Of the provisional govern
mentt $4,000
There Is no confirmation of tile story
The Barre daily times. (Barre, Vt.) 1897-1959, 1903-10-22
HEALBR's HOST SICK.
ILLNESS Lays Hold OF Elijah IN,
SinIess Followers.

~ AEWfW Ut ETEIWh fIFeFa
sinless Followers.
New York, Oct e. The devil has
captured part Of Dowie's restoration
host and is laying siege to the rest
Forty-three Of the most active mem
bers Of the host are on the sick list Ii
TINS number Is OYerseer J. G. speicher
VINO Is Dowie's right hand man.
According to the teachings Of Dowie
O. explained BY him from the platform
at Madison Square Garden, illness il
On invention Of the devil, and only
those who lack faith are afflicted
thorough belief In Dowie's teachings
The Barre daily times. (Barre, Vt.) 1897-1959, 1903-10-22
nlshon rhoburn netnrn. . Innin.

New York, Oct p. Right Rev. James
NJ Thoburn, bishop of the Methodist
Episcopal church for India and Malay
STA, sailed on the steamship ST. Louis
for southampton, en- route TO India
where be has been actively engaged ID
missionary work for forty-6ve years.
The Barre daily times. (Barre, Vt.) 1897-1959, 1903-10-22

OF the worlds bay crop the United
states grows 2s,600,000 pounds. This
is about half as much as Germany aud
two-thlrds ais much as England.
The Barre daily times. (Barre, Vt.) 1897-1959, 1903-10-22
DR.. PETTINGnL'S

Andrew Freedman was the man WHO
first proposed the combination, he said
and through him the witness met
W. Young. The companies In the first
proposal were the Union Iron works
Bath Iron works, Hyde Windlass com
pany, Crescent shipyards, Newport
News, the Canda company, S. L. Moore
& Sons and the Reaches.
The witness said the first plan OF
consolidation was handled by FL W
Poor & Co, but was brought out on q
bad day and failed. The witness could
not remember If the Mercantile Trusi
company had been interested In the
first plan,
Met schwab Four Years Ago.
The witness said he knew G, NJ
Schwab having met him four years
ago. They met frequently In a socia
way. and Sehwab told him Of the pur
chase By him Of the Bethlehem com
! pany. Mr.. Schwab had at the reques
| of the witness acted MS an underwrite
in the first effort at consolidation
/ There was no proposal that the Bethle
hem company be taken into the frs
combination.
Mr. Untermyer wanted to know wha
conversations the witness had had wit
Mr. Schwab as to the use Of the Beth
Iehen company in a shipbuilding CON
binatitn in 1901 and 1902, but the wit
ness could not recall particular CONVEX
aations Mr.. Nixon said he had talke
the matter over very generally; every
body did, he said
The first direct proposal that tn
Bethlehem company be purchased b.
the United States Shipbuilding com
! pany was made Id June, 1902 Th
witness then told Of the meeting at til
Lawyers club In June, 1907, alread!
detailed by d. lie Roy Dresser
The witness and Mr., Dresser wer
lunching. and Mr. Schwab came fl
Mr.. schwah introduced the subject o
the purchase Dc Bethlehem, and the
followed a general conversation. g
was most anxious 10 purchase Bethle
hem ani so told Mr.. Schwab and aIl
Dresser" testified the witness Z
think 1t was the next day that we wen
to Afr Schwab's Office. The converse
ton at the Lawyers club was yer
brief and very general
The Barre daily times. (Barre, Vt.) 1897-1959, 1903-10-22

washington. Oct ~ The following
fourth class postmasters have been ap
pointed
New York Preble, Joseph II. Cum
mings.
Pennsylvania West Winfield. @. G
Donaldson; Williston, A. p. Knapp.
The Barre daily times. (Barre, Vt.) 1897-1959, 1903-10-22
FINANCIAL AND COMMERCIAL.
Closing Quotations Of the New York
stock Exchange.

NeW York Oct. q.
Money on call easy. at 2 per cent. Prime
mercantile paper. 5l4as per cent Ex.
changes, sos $50, ~; balances, $7.701, Ag
The Barre daily times. (Barre, Vt.) 1897-1959, 1903-10-22
Rose of Sharon

has no equal, As has been proved in al
cases when given a fair trial. It's con.
position is only known 70 the manufac-
turer, therefore, every person representing
BY cheap counterfeit IF label and box,
or slightly changed name that they have
something thai VIII work the same mar
Vicious cure. is a humbug. Pc not X
misled by appearances, but ask tor and bt
sure YOU get the
The Barre daily times. (Barre, Vt.) 1897-1959, 1903-10-22

Joliet, H., Oct p The Exchange
bank, the only Institution Of its kind
lit Lockport. has closed its doors. throw
ing the town into a state Of eonsidera-
Bile excitement, as numerous small de-
positors are affected The bank was
capitalized at $4,000, and the deposits
are thought to be in the neighborhood
or $4,000. The condition Of tile bank
will be made known IN 4 statement to
be issued b the bank inspector G. III.
Bacon, former mayor and state sena-
tor, is president Of the bank.
The Barre daily times. (Barre, Vt.) 1897-1959, 1903-10-22
New Haven directors Reelected.

New Haven, Conn, Oct. o. Stock
holders Of the New York New Haven
and Hartford railroad reelected the
present board Of directors. The lease
Of the Afiddlatown. heriden and Wa
terbury railroad was ratified.
The Barre daily times. (Barre, Vt.) 1897-1959, 1903-10-22
Rose of Sharon

Prepared BY 0. c. Clogston, MontPelief,
VI, on every label, in cold print.
With every box i guarantee is given 1
not satisfactory return the box and 81
your money back.
Orders sent BY mail on receipt Of price,
IS cents
Address 0. c. Clogston, Montpelier, Vt.
For sale BY D. F. Davis, Barre, ana
II. a. Slade, Montpelier.
The Barre daily times. (Barre, Vt.) 1897-1959, 1903-10-22
Beware of
Cheap limitations

For Burns, Bruises, Piles and Fresh
Wounds, ChaPped Hands. Eczema, Sore
Throat, sore Eyes and Erysipelas. As a.
External and Internal remedy, the
The Barre daily times. (Barre, Vt.) 1897-1959, 1903-10-22
nethIehenl'a Great EARNINGS

when we met in tile morning al
Mr. schwab's Office the next day, we
plunged at once into business. Mr.
sehwab produced reports Of earnings
showing that the Bethlehem plant had
earned s1.400.0O0" said the witness.
Mr. Untermyer wanted to know If
AR sehwab had represented that the
Bethlehem plant had earned s1,4o0,00Q
after paying the interest en- the under
lying mortgages. The question was
objected to by MI. Guthrie. The wit
ness said he understood the sum to be
net earnings. sehwab told the witness
that be had paid s7,400,00o for the
plant. This sum, with the earnings
which had not been taken from the
business, amounted to S9,000000, the
sum for which Mr. schwab said he
would sell. Mr.. Dresser said $4,000 o00
was large sum to raise at that time.
The question of securities came up at
a later meeting.
The Barre daily times. (Barre, Vt.) 1897-1959, 1903-10-22
wantea 1000. coo q caah.


The witness said lie was quite sure
Mr.. schwab had asked 100000 in
cash for the property at the first inter
view. Mr.. Dresser told Mr.. sehwab Of
the difficulties Of raising money, and
the question of securities came up. Mr..
Schwab agreed to take $t000O,000 III
bonds at 90.
"When we saw Mr.. Schwab again"
continued Mr.. Nixon, she said we
would have to give him S10,00O,000 Of
each kind Of stock besides the bonds.
Mr.. schwab said he had to give $500
600 Of each kind Of stock to J. +. Nor.
gan Il Co"
Nothing was said as to why Morgan
& Go. were to receive the stock Mr..
Dresser said he was willing to pay the
price.
MIR. Nixon could not remember where
he had signed an agreement with j.
r. Morgan & Go. for the sale Id cash Of
the Bethlehem company. lie had sign.
ed many papers at Dressers Office,
The agreement had never been ex
planned to him, and he could not I'm.
derstand why he had been made q
party to it.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-03-03
GRAIN. PROVISIONS. ETC.

New York, March 2.-Flour fairly
active and firm. Rye flour steady.
Buckwheat -four dull. Corn meal
| steady Rye firm. Barley quiet.
Wheat-Spot steady, No. 2 red, S1%c.
Throughout the day wheat was quite
steady and at times active, feeling the
strength of corn and the heavy visible
supply decrease. In the late afternoon
it was sustained by local covering and
closed firm at 1Sc net advance. March,
S4hc; May, S12sc; July, 7S12c; Septem-
Der. 76Mc.
Corn-Spot firm, No. 2, soc. Option
market was firm and higher on heavy
buying in Chicago by provision inter
est, big seaboard clearances and dis
appointing condition of arrivals. In
the afternoon it partially reacted, clos
ing steady at nc net advance. March,
57%c; May, $3.50; July, sic.
Oats-Spot, quiet; No. 2, 43Ac.
Options fairly active and steadier with
corn. May, aye. 72-il<.- 80 -I-4
Beef easier, family, $14OO@15.5o;
mess. $9Oo@9.50; beef hams, $2O.5O@
21.50; packet, s12.o0G1S.00.
Cut meats, firm: picked bellies. $40
10%c; shoulders, SIC; hams, 11@11%c.
Lard, firm; Western steamed, 1910;
refined, steady; continent, $1025; COM
pound. 715@7%c.
Pork. firmer; family, $1,000; short
clear, $19.00@21 90; mess, $1SOO@1s5O.
Tallow, steady; city, SEC; country.
6@6Ac.
Rice, firm.
Molasses. quiet.
Coffee-Spot Rio, steady; mild, quiet.
Sugar, firm; refined. quiet.
The market for coffee futures open
ed steady at a partial decline of 5
points; ruled very quiet in keeping
with featureless foreign markets, and
closed quiet on the opening basis.
Sales, 1880 bags.
Butter, irregular; extra creamery,
1Sc; state dairy. 15@25c.
Cheese, market firm; state full
cream fancy small colored fall, 1419c;
small white fall, 14Hc.
Eggs, firm; state and Pennsylvania
average best, lie; Southern, 16c; West
ern fancy, 1910.
Potatoes, steady; Jerseys, $1.75@2.OO;
state and Western, per $50, $1,50G2OO;
Long Island, $2.O0@2.25; South Jersey
sweets, $2.5004.00.
Peanuts, steady; fancy handpicked.
4AG412c; other domestic, 3@41ac.
Cabbage. quiet; domestic, per barrel
white, 75c@$1.0O; red, $1.0O@1.5O.
Cotton, by steam to Liverpool, 12c.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-03-03

Sparrows Point, Md, Feb. 2S.-Pass-
ed down, schr Samuel w. Hathaway,
Kent, Savannah.
Antwerp, Feb. 26-Arrived, steamer
Rokeby (Br), Bommen, Savannah.
Bristol, Feb. 27.-Arrived, in the
roads, bark Elisabeth (Ger), Muller,
Bremen. Feb. 27.-Arrived, steamer
Alva (Br), Hiron, Savannah.
Matanzas, Feb. 20.-Sailed, bark
Thomas F. Pollard, Jarman, Savan-
nah.
London, Feb. 2S.-Schr j. K. Dawson
(BD, Hebb, Brunswick, for Funchall,
arrived Madeira damaged in severe
gale and much repair.
Pensacola, Fla, March ARRIVED,
ship Indus QtaD, Oneta, Marseilles;
bark Rolf CNor), Torgensen, Cette.
Cleared. bark Dovre (Nor), Larsen,
Montevideo. a
Baltimore, March ARRIVED, steam
err Hudson. Savannah.
New York, March ARRIVED steam
ers Algonquin, Jacksonville and
Charleston; Comanche, Jacksonville
and Charleston.
Sailed, steamer Aragon, Georgetown,
S. c.
Philadelphia, March 2-Cleared,
steamer Allegheny Savannah.
New York March 2.--Sailed, steam
er Apache, Charleston and Jackson
vile.
Apalachicola, Fla, March 2-Cleared,
schr Sadie c. Sumner, Mclean, Bos-
ton.
Key West Fla, March 2.-Arrived,
steamers Olivette, Allen, Port Tampa,
and sailed for Havana; Martinique,
Dillon, Miami, and sailed for Havana;
schr Sophia Behrman. Diaz, Caibarlen.
Charleston, S. c., March ARRIVED,
steamers Arapahoe. Kemble, Jackson
vile, and proceeded for New York
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-03-03
RIVER AND MARINE.
shipping Intelligence and Move
ments of Vessels.


The schooner Helen NJ. Atwood,
which was towed into Savannah Sun
day morning leaking, still lies across
the river below East Broad street. She
is on a bank. and careens considerably
when the tide recedes, having about
six feet of water aboard, and the
pumps unable to free her.
Capt. Watts states that finding
heavy southeast gale was driving him
ashore on Warsaw Island, he anchored
in five fathoms. The anchor dragged
until the vessel was in only three
fathoms, when she struck on some
wreck or other obstruction and then
pounded.
Capt Watts does not know when a
survey will be held. His vessel VIII
undoubtedly be delayed two or three
weeks at least, as he will not be able
sooner to get her hauled out FOR eX-
animation and repairs.
Capt. Watts says both he and his
vessel are in distress. There is no in
surance on the vessel, and he is man
ager and part owner. The chief owner
is somewhere in Florida, and Capt.
Watts does not know how to CONF
municate with him.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-03-03
DIAMOND THIEVES ESCAPED.

Through a hole in the roof, cut, by
knife. George Lawrence and William
Scarf, alias Laird Penn, the two
crooks who stole $4,000 worth of dia-
monds from the jewelry store of H. Z.
Adams, effected their escape from the
Hillsborough county (Tampa) Jail
Saturday night. With them went Don
ME Smith, colored, who burglarized the
store of the knight & Wall Hardware
Company. The escape was so quietly
and successfully accomplished that it
was not discovered until the trio had
gotten beyond the reach of easy cap
ture. Not only did the two diamond
thieves elude the officers at
the Jail, but they also succeeded in
stealing the horse and wagon of B. c.
Fraser, the grocer, whose store is To-
Gated at 1902 Franklin street, corner
of Seventh avenue. The wagon was
found some distance from the store,
but the two men took the horse with
them, thus accelerating their escape
Two men, mounted on a horse, and
going at speed, were seen, a half-hour
later, dashing along the Sulphur
Springs road, near the Hillsborough
river bridge. They were not stopped or
questioned. The escape was effected
ABOUT O'CLOCK Wnlie the prisoners
were in the corridors. after their sup
per- A negro prisoner, Meacham, en-
gagged the attention of Jailer NJ A.
Ham in the office. and the three men
climbed through the hole in the roof
An examination of the hole in the roof
showed that it had been cut a little
at time by small instrument, I'M
doubtedly a pocketknife. The hole
was made through the ventilator and
had been concealed, from day to day,
by means of a portion of the tin roof
1t was barely large enough to admit
the passage of a human body.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-03-03

Iroquois, Staples. New York, and pro-
ceeded for Jacksonville; L. S. collier
Hannibal, Southwark, bound for Nor
folk.
Sailed, schr Fannie Reiche, Buckaloo,
Savannah, in tow tug Waban.
Fernandina, Fla, March ARRIVED,
schrs Lulie L. Pollard. Powell; Z. B.
Weaver, Weaver; Anna r. Bishop, all
from Charleston; Harold B. Cousins.
Hart, Boston; Augustus Welt, Sproul.
Providence; Gladys, Coleman, New
York; Nettie Shipman, OFT, Philadel-
phia.
Jacksonville, Fla, March ARRIVED,
schrs Venus, Foxwell; Edward Sta
art, Winslow, both from Portland,
Me; Daisy Farlin, Dunton, Havana;
Effie (Br), Russell, Hope Town, B..
w. l.
Port Tampa, Fla, March ARRIVED,
steamer Plitvice (AusD, Cesiovich,
Tampico; steamer Ashf1eld (BD,
Strickland, Norfolk
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-03-03
GEORGIAAND FLORIDA
WEEK IN A TRANCE.

On Sunday. Feb. %, James NJ.
Hall, a prominent book dealer and
fruit merchant of Madison, Fla, left
his home in Madison TO go down town
for a short time. Saturday morning,
more dead than alive. he woke to find
himself in Atlanta. in the midst of
strangers. without d cent of money,
and his watch and chain, which he
remem bered having worn when he left
home. missing from his person. lie
is rapidly recovering, and his wife,
who has been telegraphed for. is on
her way to Atlanta to take him home.
Hall remembered leaving his home in
Madison, but until he awakened in
Atlanta his mind was per-
feet blank, and his actions during that
week are an absolutely unsolved mys-
fprV
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-03-03
STRIKE is IMMINENT
ON THE WABASH
TrainInen Threaten TO Go Out To-
day at Noon.

day at Noon.
st. Louis, March 2.-Unless certain
demands for an increase in wages on
the Wabash system east of the Mssis-
sippi river are granted by tomorrow
noon. it is probable that a general strike
will be instituted.
Committees representing the train
men and firemen of the road
sent ultimatums to President
Ramsey late this afternoon,
notifying him that the result of the re-
cent poll among employed members of
mands of Is per cent. for freight men
and II per cent. increase for passenger
men east of the Mississippi, exclusive
of the Canadian line and double pay
for double-header freight trains, must
be conceded by tomorrow noon, or a
strike would be ordered.
The conductors and engineers noti-
fled President Ramsey at the same time
that they would abide by the increased
scale granted a week ago, and were not
in favor of a strike.
After having received the notifica-
ton committees, President Ramsey to-
night issued a letter to the two COM
mittees saying in effect that he desired
to have the result of polls in figures.
He further stated that he recently had
issued new schedule of wages which
meets the demands for employees west
of the Mississippi, but if these demands
were insisted upon over the remainder
of the system, the committees were an
swered now in a refusal to grant them,
and he was ready to confront a strike.
w. L. Lee, grand master of the
Brotherhood of Railway Trainmen,
said tonight that if President Ramsey
does not make concessions by noon to-
morrow. he will order a strike. He
claims 1900 men will walk out.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-03-03
MUST SELL PROPERTY.

An order issued lately by Admiral
Wise of the Pensacola navy yard re-
quires that all owners of property on
the naval reservation who are non
residents must dispose of their hold
ings before the second week in July.
or same will be confiscated by the gov
eminent. In explaining why this order
was issued, Admiral Wise said that it
only pertained to those who are living
in other parts of the country and rent
ing out dwellings, at the navy yard.
The Admiral implied that the depart
ment did not take kindly to the idea
of persons owning property on the
reservation, absolutely free of all tax
alton, and charging the employees of
the navy yard nigh rent, in some in
stances increasing the rents when
work was brisk in the navy yard.