The evening world. Newspaper, February 3, 1904, Page 14

e ay sore mail clerk, arm and ribs broken: | OF MORE + Are Placed Under Arrest. __ DISTRICT-ATTORNEY’s One Case Is Pointed Out as ¢ Typical of the Methods Pur-| _ sued in Loaring Money to ' Those in Need. All the books and papers of the Wash- ington Real Estate Company, a money- Tending concern at No. 230 Grand street, | Were seized in a raid made on the prem- _ iSeu to-day by Detective Sergts, McCon- Ville and Cain. ‘The raid w: gated by Assistant District Mresel, and is part of his @gainst ususrious money-lenders. It repulted in the arrest of Victor Beaver, | Qlleg@ to he the head of the.concern, | and against whom a specific complaint of usury hag been muda by William Beldman, of No. 235 East Thirteenth street. Seidman's case is typical,” EKfese! to-day. said Mr. wife and haby on his hands. to this Washington Real Estate Cory- Pany and asked Beaver if he could get @ loan of $60. Beaver asked him what Seldnian he had to secure such a loan, wala he would give him a mortgage on WMa furniture. He did so, and bs He Got $48 in Cash, “Then he made put a check for $60 and sent Seidman to the bank with a young woman, who got cash for the check and ive Seidman $48, On his return to the } Seldman was obliged to sign to Motes, one at two months and’ one ut months, for $30 each When the first note fell due on May , Beldman could not pay and the note “was renewed on his paying Ieeaver $6 cash, On Aug. 1 both notes were due, bet Seidman could not pay and Beaver ewed them on payment of $12 in cash, On Oct. 1 they were again due and Beaver tried to collect them, Seld- man gave «.m all the money he had, and got a renewal for the balance Of 3%, on paeyment of $6.50 In cash, Afterward he paid $23 more on the ac- tount, leaving a balance of $12, which ig still owing. “ried to Take Furnitare, “*Seldman has not had the money to bry that and the other lay some men came to him from th concern and tfied to take all @/ ¢ 4 furniture on this mortgage. He ws them that his baby was sick and they sald they difin't care, He finally got rid of them andj then in pure desperation came to ‘ime with his story, I told him not to Pay the balance. ~We put the facts be- ore Justice Wyatt and he issued the warrant on which the arrest of Bea- ver Was made.” Justice Wyatt held Beaver in $500 bail for trial. Two other arrests were made this afternoon by McConville and Cain in connection with Mr, Kresel's crusade. Cora B. Oliver and Mary J loved in the office of Mitel in the Park Row Building, were the visouers. They are charged with usury hey were held for*exumination. Six fresh warrants for usurers were issued this afternoon and a number of arrests are expected to-night or to-morrow. —————_ CASHIER CAUGHT IN CHASE. Detectives Overhanl Accused Em- jbessler Through Train Delay. {JCOUNCIL BLUFFS, la.. Feb. 4.—Lee ford, cashier of the failed bank of Altamont, Mo., accused of embez:ling $41,000 of the bank's funds, has Leen eaptured here. He has been sent to tke Gallatin, Mo., jail. Deford, who tert Altamont berere a warrant for his ar- fest could be served, had drive. from Altamont to Jameson, a distance of twenty-five miles, where he took a train for Council Bluffs. ‘Officers had secured word that he was fn this vicinity and a del Deford's train gave them time to reach the rall- Fond station here before he arrived, ————— SWEPT BY TIDAL WAVE, sal rmen Drowned and Damag Done Along French Coant. BREST, Feb. 3.—A tidal wave swept coast of Penmaroh, Department of jstere, last night, One-third of the | fommune of Penmarch is under water, Many fishing boats were wrecked and tome of thelr occupants were drowned. An immense amount of damage was! done, ‘The obliges "FRISCO FLYER DERAILED. Beveral Passengers Injured {Train Crash in Mi - MEMPHIS, Tenn., Feb. 3. isco jenger train was derajled ple living near the shore w Pte flee trom thelr homes: Beal Miss., to-day, injuring eral persons, none fatally, . The most seriously injured are nae ‘*, Ransom, mail clerk, scalp wounds. ine “injured are all at hospitals hero. ——— ae WHEAT +AARKET. Wheat made new high records tor Phe ayason to-day, led by May, it clos- ne Up 1 3-8 per cent. at 94. Corn closed Aboye last night's figures. Export to-day was one load of corn ‘York's ‘opening prices, Ys 97-8 to 94; July, OT 1-2 bid. ; Wan has been aroused by the dinner, and |} Offices of Two Alleged Usurers Raided by Central Office De- teotives and Three Persons i OFFICE PUSHES CASES. as insti- | ttorney | rusade | “Last March this young Man jwas out of work and had a aick He went Beaver @harged him $ cash for making out the opening peices: were: Wheat FEAR WITHDRAWAL NEV SHARKS "| OF PANAMIA CASH Wall Street Perturbed by the Determination of Secretary from Government Depositories SPECULATIVE INTERESTS ARE ESPECIALLY ALARMED. The Accumulation of Such an Amount on Short Notice Is Likely to Effect the Values of Stock. “ Wall street {s greatly perturbed over ithe determination of Secretary of the Treasury Shaw to levy on the Govern- | ment Depositorics for the first $45,000,000 y to complete the acquisition of ima Canal by this Government. the middle of March about $25,000,009 In currency will be withdrawn from the Government depositories in this city and pald over to the United States Treasury, and the effect of this drain, the greatest since the Civil War, fs viewed with alarm. Banks controlled by the Standard OM Company will be the gfeatest sufferers by Secretary Shaw'n move. They hold the bulk of the Government reserve allotted to banks in this city and the loss of Interest will bo a serious | matter to them, rich as they are. Pres- {dent Stillman, of the National City Bank, tried his bent to huve Secretary Shaw take the money to be patd on ac- count of the canal from the Treasury surplus, and Vice-President Frank Ven- derlip, of the same. bank, ts stil in ‘Washington, seeking to have fucretery Shaw modify his plan. Expect # Lot of Trouble. A leader in the stock market, who will not permit his name to be used, 14 to-day that he belleved the move of Secretary Shaw will make a lot of trouble, “Naturally,” he said, “the banke will accumulate the money necessary to make good to the Government by methods most favorable to themselves. They are not going to pay any atten- tion to the convenience of the specu- lative interests.” Lyman J, Gage, former Secretary ot the Treasury and now Presldent of the United States Trust Company, {8 dis- posed to take a more or less optimistic view of the situation, “The withdrawal of such a large amount of money,” sald Mr. Gage to- day, “will certainly have considerable effect, but I see no occasion for alarm. It ts true that this will be the biggest financial drain since the Civil War, but times have changed since the Civil War. There is more money. I am quite positive that the money will not be en- tirely withdrawn from the country. A plan can be arranged, I think, by which the comands of the Government can be satisfied from the exchanges.” ‘The suggestion of Mr. Gnge that tt may be possible to avert the abstrac- tion of $15,000,000 in a lump from the err- culation of the country gives a line on the plan of the Standard O11 banks. They are the largest dealers in forelgn exchange In the United States. It is be~ Heved that they will utilize this branch of their powerful machinery to accu- mulate as much as possible of the money that the government is to demand from them, 840,000,000 to France, Mr. Gage thinks, too, that the pay- will not be immediate. He be- at the Government, after the} | depositor les have gathered the required | Amount will allow it to le in the New | York banks for some time before it 19 dissipated, Of=the amount required $40,000,00) will go to the new Panama Canal Company and the money will be jdistributed in France, It will take a jlong time for that money to get back into the Tnited States. The Hanover National Bank has | close to. $5,000,000 of Government. money on deposit. An official of the bank said onda | the drain will, of course, be felt by the Government depositories, althoush | nothing serious may result. Losses will | be Incurred by some of the depositories and the re banks on th lization by some of the curities to accumulate the over to the United Btates Will doubtless affect spect ulative values In many stoc official of the Rockefeller Nation- Hank, wlan hee over $3,-| 000,000 of Government money, sald “The offect of Secrotary Shaw's call will probably be the raising of loan rates for money, It means that the en-| tire amount called for will be with: |drawn from the country until 1s all returned in exchange channels, The {shock of withdrawing $15,000,000 will shake out a lot of stocks and values will be affected by the realization wh borrowers are not ready to liquidate. CONDEMN ROCKEFELLERGIFT Nebraska Democrats and Popaliate | After Chancellor Andrewn, JANCOLN. Feb. 3—Nebraska Pop- ulists and Democrats will ask their next Stata Convention to pass upon the Rock- \efeller gift to the University of Nebras- ka and the attitude of Chancellor E. Benjamin Andrews no secret of the fact that a resolution | will be drawn caustically censuring Chancellor Andrews. Friends of the Chancellor that he ‘cannot be blamed, as he acted by orders of the Board of Regents, and {the regents were guided in uvce; pting | the gift by the approval of twenty-five Jor thirty” Lincoln business wen. A Populist lender sald: “We consider the Chancellor's defense of plutocrats dangerous to the educa. tonal ideals of the = to the he people, who built the uni- ren minnted ‘at the late Slate’ convict Root, © retired Monday from will be dined at the Union ague Club t ht by 200 members of the club. of which he was for a long time President. Much political spceula- hu Root, wh tabinet, some have wondered whether or not the *!hoom of Mr. Root for Governor - Tbe mtastea, == me Shaw to Take $45,000,000} The Populists matre| + JAMES McCREERY & CO; ANNUAL LADIES' Jouvin and St *Misses’ Pique-sewn and February the 2nd to the 7th. Latest tints of pearl white, mode, tan, buff, blue, green, brown, red,—and black. 1, 2 and 4 button Fastening, or 1, 2 and 3 Clasp. Paris Point or heavy Embroideries,—self- color, black or white. 1,00 per pair. Tans, grey and pearl white. 75¢. per pair, Twenty-third Street. SALE OF GLOVES. andard Makes, e Over-seam Kid Gloves, Stern Brothers | Leather Hand WALRUS HAND BAGS, black or brown, fitted with purse, CRUSHED KIDSKIN BELTS, black, white or red, To-morrow, Sale of Bags & Belts $2.85 95c Value $3.75 Open-face gold-filled cases, suitabl2 for men or women, Open-face, solid gold cases, for women, at $11.50 One-third Below e Special Values in Watches STANDARD AMERICAN JEWELLED MOVEMENTS, at $8.25 Open-face, solid gold cases, for men, at s 1 9.50 Prevailing Prices. West Twenty-third Street — STOCKS WEAK IN DRIFTING MARKET Out and the Prices Drop Steadily While Professionals: Rule the Trading. Stocks drifted during the day, and the drift was toward lower levels. ‘Trading was strictly professional, the! volume of business being Mmited. The opening was weak, and continued so until the end. Several disturbing state- ments during the day, the most marked being Secretary Shaw's announcement of the call for money to be used to make Panama Canal payments. When later a statement was sent out from Washington from the Secretary that no more than $2,000,000 would actually | be recalled from circulation the market falled to respond. Prices continued to |sag, and even Atchison was lower. Reports from the iron trade Indlented that the markets were irregular, South- ern prices were well maintained, but there was n belief that the price of steel rails would be cut. ‘The announcement | |that Japan is after steel rails in the United States helped to hold the Steel! issues steady during the morning hours, Representatives of the Japan- ere railroads are here to buy 100,000 tons of rails and the United States Stoel Corporation will get a large percentage of these orders. Copper was weak from the start, No news could help It, and Inte in the day | the price of all grades of the metal was cut, and the stock again declined. it lost more than a potnt, and when Penn- sylvanta showed a net loss on the day of 1 8-4 per cent. the entire list showed additional weakness. Towards the close there was a gen- eral decline, which carried the whole market on an ayerage of 1 1-2 points loss, The sagging was due to profes- cations that the short interest had been materially increased Quotations. est and closing from yesterday's Cloning prices or from last Teaoreg, sale are as follows: Am. Am. am. Am, Am Disturbing Factors Keep Buyers’ x ‘andstill. American shares were ir- regular. The prices follo Anaconta . = Alenieon BE 3. a1 { more & 5 Baltimore & Ons ag * ake & Ohio a4 Great Went 108) in Pacitic uae t % Denver @ Rio Grand est Denver & Rio Gi ae) ; 27% + gee arly i 0h — \ AR ntral sts Mexican National pe’! Ay Norfolk” @ Weatern’. oe 4 x | Nerfolk & Weatern pi Bray | Ww York, Central 1s Nerthern Securities oR Reading at trath | Reading 80 Reading 2 00% |Routhern ype Souther Boy Chton® Pacitic, ae +h {nlon Pacific pt, ' pox Wabash 208 — Wabaah ast — if Wass BG. wo = sional operations, and there were indi- |} 1 a ah rad) = reat ise = 18 104) bie — 1% st a 2 MevOMRE em Ha Hay = Metron Bt, WR. 110 iu — & bit 4 + OR M Fs my — 1 j 0% — oy Ontario ee A, LONDON STOCKS SLOW. Americans Irregular and Other Se- eur! LONDON, Feb. 3.—The securities mar- ‘8 to-day were dull and uninteresting, ‘hough they were comparatively steady. There 1s much uncertainty, however, | which {s due to the conflicting war news. On this account the foreign se- curities are heavy in tone and bus! yn the different bourses {a almost at a ——— Heavy Cut int Interboreu: h, Wi Northern Secariiies Also Loses, The curb market was dull to-day, with prices fractionally lower, tterborougn Rapid Transit was tho weakest stock or Wolnts, list, it being bid down. almost hee Can. merican Cy Greene "Coons, PE Knob Bettish Colum U.S. ARMY 0 OUT OF CUBA. Inst Four Companies En.barke: and Flag Hauwled Down Jan, 31, At the headquarters of Major-Gen. Corbin, commander-in-chiet of the new Division of the Atlantic, yesterday, the! following announcement was made: “The United States flag w: hauled down finally at Santiago, Cuba, at 660! P. M. on Jan 31, and the two companies| stationed there embarked on the trans. port Sumner for Hi tare ayers. the last_ two companies 3 ‘at the} Morro were taken on board, One of the companies from Santiago will xo to Fort Castle. Md., and the other, to Brancas: near Pensacola, Fla. ‘he two Havana companies are going to West Virginia,’ Liberty Island has been transferrea from the line of the army to Ct Signal Corps and will be made a depot satisfaction-giving kind that itis a pleasure to own, the furniture world. THEY COULDN’T POSSIBLY BE LOWER, QUALITY CONSIDERED. 1s} 7H ngs of the Most Desirable Character on Good Furniture of All Kinds. ruary Furniture events are the REAL economy opportunities that you ought to be glad to grasp. Because the Furniture offered is thoroughly reliable from the very first stick to the last touch of the varnish brush, it ts the durable, The prices we are quoting are the greatest surprises of the season in We Shall Continue to Give Double Blue Trading Stamps All To-Morrow, You get a handsome pi premium for acollection of 500 Blus Stamps. All other systems require you to save 1,000 Stamps. When we give Double Stamps, a premium is earned on $15 worth of purchases, Steel Bed, brass rail and foot, brass and vases, size, value $8.50, sitting room, hall and stair patterns, per yd. Is Carpets. 75c. All-Wool Brus: mense assortment. Rugs, 9 feet long and 6 fee $6.00; sale price 100 Extra Brussels Rugs, wearing quality; suit- able brary or office; value $17.50; sale price... JOLLY MATINEE Enjoyed Themselves at “A Doll’s “yok There are Ibsen matinees and then | there are Ibsen matinees. Some are sad and some are jolly. The one at the Manhattan Theatre yesterday afternoon was quite the jol-| ‘ai Hest ever known to Broadway—for the Manhattan may be said to throw out jits Sixth avenue tentacles and claim | Broadway as its own. Donning the red dress of courage, Miss Frances Hamifton—with the youth—erected “A Doll's House" on the Stage where at night “The Virginian’ shoots to a finish, Miss Hamilton was, beyond her years, to say nothing of her perience, She demonstrated that Ibsen Steel Telescope Couch Bed, like cut, includ- ing reversible mattress and bolster, covered intigured denim, guaranteed value $10.7. sale 6 98 price, $8.75 Morris: Chair, at $5.98, Solid Oak or Mahogany Finished for- ris Chair, like cut, complete with reversible velour cushion; value $8.75, at 5.98 $8.50 Enamelled Bed, $4.98. nd Brass like cut, head full mounts full Sale price portunity this is. low price, we within the next f tresses are full weil or two parts. Th for this sale at... special at.........06 Indestructible Couch, Bird’s-Eye Dresser. Genuine Bird’s- Eye Maple Dresser, like cut, large French plate mirror, value $25.00, and most experienced $5.98 for $9.00 Chiffoniers, Solid oak, with five drawers, bevelled French plate mirror and panelled enas, finished with cast brass handles; ex- actly like illustration; for this sale, jike cut oak frame, covered in low figure. hogany ings. sale at. agreed fortnight. The maker is the best in the business. The mat- ight, ciean, durable, sanitary. One e price ought to be $10.50; select 8 a choice selec- tion of plainand figured velour; value $16, sale Price, price 6.75 500 Feather Pillows (no more), good A.C, A, ticking, well 39c filled, Garpet Sale. Newest Sprin Prices are lower than we have ever known on advance styles. Alexander Smith $1.50 Axminster Car- pet, border to match, 18 patterns, per yard, $1.10 Al Wool Velvet Carpets, in parlor,’ Reversible Smyrna st wide (only $17.50 Brussels Rugs, At $12.98. 12 feel 9x12 sizes; 18 different patterns, splendid parjor, library or office; quality cannot be excelle for patlor, lik 12.98 Patterns Underprice. 98c a7 5c '™ 49c Lace Gurtains and Portieres. $6.98 Portieres To-Morrow at $3.98. n yrne bie) value $30.00 Wilton Velvet Rugs, Persian and Turkish patterns; suitable for best wearing Rug made; sold at other stores at $30.00; sale price. Linol A big the less per No Mail Orders. Rugs. 3.98 At $19.98. t long by 9 feet wide; Oriental, d, absolutely the 19.98 Cork Linotenm, 2 yards wide, sold regularly by us and all morrowas long as quantity lasts, sq. yd.. eum. assortment of the genuine rs T. Satisfaction Guaranteed Double Blue Trading Stamps 4 To-Morrow, The Third Day of Our Greatest Furniture Sale Success. There Are Money Savin HE money savings that we offer in these great Fel $65 Parlor Suits, $49. emma) Ve Secured a special lot of 50 of these at an astonishingly No telling when we will be able to offer such a value again. ished frames, highly polished, and with hand- somely carved heads on the arms. The covering is silk damask, shown ‘in a beautiful assortment of color- Thoroughly reliable uphol- stering andibest steel springs. Offered as a great feature of the February Elastic Felt Mattresses at Almost Half. If you know the advantages of elastic felt mattresses, then you will realize instantly what a grand op-| If you don’t know their advantages, then we would like the opportunity to explain them to you while there is yet time for you to take advantage of this offering. look into this question to-morrow’ Will you In order to quote this to take 300 elastic felt mattresses 578 $10.50 Bed, $6.75. ive Steel and Brass Bed, like cut, highly, 6 finished, all sizes, value $10.50, sale New Mattings On Sale To-Morrow at ¥4 Less Than Usual. CO. Money Ee _ Satisfaction Guaranteed or Money Promptly Refunded, Refunded, ! These are five piece suits with ma- 49.” Dining Chairs, Quartered OakCane Seat Dining Chairs, like cut, highly finished, with brace arms; value, $1.75; sale price, 98c leading carpet stores at not than sq. yd.: te 39 Limit, 20 Yards. None to Dealers. qpals will be an unrivalled opportunity for forehanded buyers. anese Mattings, red, green, blue and oak, 4 large carpet designs; full 40 yards to the rollyworth $10.00 per roll; offered to-morrow at $6.98 per roll, or, per yard, , Linen warp Jap- 19c actual value $6.98; sale price ...... This offer consists of 250 Pairs of Velour Bordered Repp Portieres, beautiful solid colors in red, green, nile and Bhs} $2.50 Lace Curtains, $1.25, in Ruffled Bobbinet, 3.98 pair; all on sale at, per pair eee, Made on fine English Bobbinet, with deep lace insertion and lace edge, Cluny and Renaissance st les, well worth §$2.: se id her way quarrel FOR IBSENITES The Henry mer, ‘pt ent House” at the Manhattan,’ Kitty seifairs,” with Miss Frances Hamilton as a Rather Superficial Nora. | bert nearly Both Istic of The of ing hattan No Terrors for Her. oming Capt. brave, forema at least, Ontario, & West. Fd hel aes A rs for youth and no barriers Frage tas S| COAL DEMAND FALLS oFF. witleh vaulting ambition cannot itry. to Realing. “Ist pel: 1” (Special to The Evening World.) > | I¢ she fell ‘short of-her attempt she at|erous man Rock Island js] WILKESBARRE, Pa., Feb. 2.—Phila ipa eed pase pl \her stole 8 ty héad of Bouth, Pac --qf|delphia and Readi Lehigh pane eel hee. os Sages (OT Taek o South. Rall } Neat e, and a number of other| ‘Vo paraphrase that maxim Miss Harh- mighty fair 14 [Golllertes tn the anthracite rey Mton heard in “The Darling of the| fered him first, Hjsion, ‘rworthind ‘time? wih” nowt | Goda” she evidently does not believe it Baas alm fails worked until further orders, the den:and | better to le low than to suffer much. % {for ,anthracite, despite the continued that suggested the kind east side costumer. Hamilton had acted ag well danced she might be permitted to go to a merry afternoon. honors of ‘the performance, Bruning, mentioned. r Mrs. Linden, was sPearhae in the. nS cornstarch, but travagance in scene with Krogst: came back to that unbridled appreciation character-| ™! one—appeared to enjoy the performance immensely. nea FARNUM IS LIKED BY Dustin Farnum, now playing the Virginian at the Man- One G. Reynold Shanton, offices of an However, if Miss ‘an she in peace, As it is we will not with her, for she was first ald But He Had 'Em. second ald in this respect was Weaver, who, Thorval Hel: roclaimed, ‘I want no melodi airs,” yet had them E. Kellerd, immune for the mo- from the noalletry so of “Swe won as gested the omraie Ale was not Dr. as Dr. ak so rank as some he. mij Viola Fortescus finally justified h that, “ellngjng-to Fortesous Mr. Kellerd and M appiause with bow to operatio stars at the Metropoll- audience—an abnormally large being @ generous man. He's row Deputy Shere of Johnson County Wyoming, @ dead image of I tite a8 black hair, dark jeyes, ant the few men thaf was out there along he difference any man cule in New York,” st sald on lo we act ike “T never, would have believed it sible,” said Shanton, with a convic! on in his deep voice and straightforward ‘eye that no one could escape. About Medicine Bow. “You see,” he soptinued, ears of my iif Has pent In that same cou: try th our tells about. I was foreman of @ ranch, same as the yay Lifes was, most of one ume. Man: Hime T've one int fepele icine ‘Bow for after ein, ere in of Medi- CHUG-WATER RANCH.|5 the stage cowboy, Theatre, was met at the stage door one night this week by three Wy- of them was one-time n-of the Chug-Water Ranch in said Shan- Jack Hill He wa cowboy Rane Noted ene In knG country ani famous for beink the most gen- T'll tell vouwhy. His pura je from him. vertook him; he could have. had the drop on a first, but he made a Hon pen ae of- tls ‘and Jack in his. heart, adk pit two ‘hat was certainly generous,” said the back, '. ais eine Bow. f course eon th er stage the bulfaings Cl @ little closer ‘togethers and y we don't see the roundhouse. whic @ distinction that makes Medicine Bow allroad town, ‘iL tell you what we Aid once in Mea- tolne How. There were four of us.’ rode into town for course ng cowboy forget whiskey When he's out for a lark, Byes we had share. ‘There was a show playin’ in a little hall there that they ealled a theatre, They weren't ex: rs, Ir don't, remember Wwhac the play was about, but I recollect an’ old’ farmer and some, New England. characters; we pald our little dollars and fad Reont-row ‘seats. e middle of ‘the show conclusion that ‘nithoush ple were highly amused, do about na well could fais oO a on that. si as oft, and the turn ourselves. We us, of tee, and “fs mn ad our ins with in cambey fashi f.25 K and aed in opposite corners of stage—t what we call smokin’ up out there.” eee “Merely Mary Ann” To Go to the Criterion Theatre, When Virginia Harned ends her en- gagement, at the cated Theatre on or Robson jove there with “Merely Mary. Ann.” TO SETTLE OUT OF COURT. Agreement Practically Reached im Shipyard Scandal. An agreement has practically been reached by the opposing forces in the United States Shipbullging Com. Pany scandal to settle all pointg in the. dispute out of court, js doubtful ie Suction revel: examination 0! ‘The new pl his conference with except to NATIONAL BANK FAILS, CLARKSBURG, W. Va., Feb. Traders’ National Bank here was yesterday by the Comptroller of the Cur- rency, The cause assigned for the fail- ure Is lack or available assets, but the real reason is stated to be investments) nterprises of large magnitude which’ haye so far realized no returns. ‘he bank is the largest in the eity,! haying total assets of nearly a zillion, and « half doliars, and deposits in pute Be: SR car rao ngs Against the ‘and sa MUU and vases