Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1907-12-06
Today's Telegraphic News.
Another Bank Fallure.

Another Bank Failure.
PitssSurg, Dec. 6.-The Fort Pitt
National Bank failed to open its doors
today and is nov in the charge OF Bank
Examiner Cunningham. II has capital
of 81. 100000 and lis deposits approx
innate "a, 600. 900 The Fort Pitt Banks
report TO thee comptroller ofthe Currency,
giving its condition December 3, showed
loans aud discounts of SO. 76l, 607; cap
itsl stock $1,000. 900; surplus funds
81, 600 600; Individual deposits subject
to checks 81, 937. SIS and clearing house
certificates received $500 900. It's re-
tources snd liabilities each totsled
S. 522,142 The bank was established
10 1859.
The Fort Pitt National Bank today
posted the following notice: "Closed
by order of the Comptroller of the Cur
reucy. ]. B. Cunningham, bank ex-
amiDer, 10 charge"
Andrew w. Heron, President of the
bank, said "The directors OF the For,
Pitt Bank, the bank examiner and |
myself are convinced depositors will be
paid ia full. This action was prfcip-
ilated by certain occurrences yesterday
that will 60 into later. and was taken
for protection of stockholders.
Tue directors will meet today and
issue statement.
A score of persons loitered about the
bark this morning. There is no iDdi-
cation of runs on any other bank III the
city.
Thirty Thousand dollars of State funds
are on deposit 10 The Fort Pitt National
Bank.
Washington, Dec. 6.-It was stated at
the Office of the comptroller of he cur
rency that the closing of The Fort Pitt
National Bank, at Pi"sburg, was not
upon orders OF the comptroller, bu' the
result of action BY the banks board OF
directors last night.
Mine Explosion In West Virginia'
Feitmobt, w. Vs., Dee. 6 - A.
explosion at mices six and Eight OF The
Fsirmout GOAL Company, az MOnODgsh,
six miles from here, is reported.
(, is said Thousand men are 10 the
two mines.
Fairmont, w. Va Dec, 6. "A telf-
phone message received here at ll;SO
GAYS 700 men are working in Monongah
mine at Fairmont where the mine ex-
plosiou occurred and hat macy miner;
have been killed. The explosion was
heard for miles and sll town physicians
ordered to report.
Fsirmon', w. Va, Dec. 6.--It is
now feared 500 men were killed OF
wounded in the mine explosion. Three
dead bodies had been taken out at noon
and fans started working TO clear out tn
foul air. G ,neral Manager Malone ssy'
il is the worst accident in the history o
the mine.
The cause of the accident is cot known
General Manager Malone said there Were
SEQ men in the Two mines which are
connected by a SHAFT.
The foul air following the explosion
prevents the rescuers from going in
but fans were started at noon aud by
O'Clock they will be able TO give SOM
idea of the number of dead. Expert
enced miners declare that il is next Ia
impossible for any to escape death or in
jury.
At noon three bodies had been taken
out but 90 badly mulilsled and burned
they will never be recognized.
Alter counting the men that escaped
the offic ,ls of the Fsirmont Coal Com
pany stated there are 400 below Ih'
surface in the two burning mines
Unless by some miracle the men in TIT
depths have succeeded in getting int
compartments guarded by safety door
oil nnDaf he dead