Bank wreck worsens as deficit tops three hundred thousand
Providence reporters say the commissioners appointed to examine the Merchants Bank of Newport filed their noon report. They find a total deficit of 326093.49 dollars, valued at 8800. Few assets remain and only 150.64 dollars in cash remains from 22565 dollars capital stock and deposits.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Oneral
National Bank
Navy
Providence
R. d
Kimball
Merchants’ Bank of Newport
German hose sale with spliced sole and double heels
Advertisement lists fast black German hose with white spliced sole and double heel and toe in sizes 94 to 1114c. Offers up to Thursday at 25c per pair and special Thursday price of 18c per pair. Altec Thursday event advertised with 25c and 18c pricing.
City rows over 750 for Fourth of July rowing regatta
City Hall battles with the New England Amateur Rowing Association over a 750 appropriation for the Charles River regatta. The special committee appointed by aldermen Hart Bowen and Phelan asserts city control and will run the event, while the association protests and faces reduced privileges.
MENTIONED IN THIS ARTICLE
the Charles
City Hall
New England Amateur Rowing Association
Bowen
Hart
Phelan
Collins
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