Democratic Sentinel, Volume 8, Number 25, Rensselaer, Jasper County, 18 July 1884 — NEWS CONDENSED. [ARTICLE]

NEWS CONDENSED.

Concise Reeord of the Week. EASTERN. From April 24 to June 20 the net profits of New York City national banks decreased $1,157,200, while loans and discounts fell off $43,129,800, and the amounts due other banks and depositors were lessened by $49,737,300. Philip Hamilton, youngest son of Alexander Hamilton, who was killed by Aaron Burr, died at Poughkeepsie, N. Y., aged 82. At the iron works in South Boston, where a mammoth gun was in process of Hasting, a mass of 120 tons of molten metal exploded forty feet beneath the surface of the ground, and rose to a height of sixty feet. The damage is reported at $30,000. The assignee of the Penn Bank bebegan suit at Pittsburgh last week for conspiracy against President Riddle, Cashier Reiber, and M. K. McMullen, I. J. Watson, and R. M. Kennedy, oil brokers, for wrecking the bank by overdrawing $1,075,000. Bail for the two former was fixed at $20,000 each and $15,0C0 each for the others. The failure is announced of Best & Co., of New York, dealers in children's clothing, whose liabilities are SIBO,OOO. A fire which broke out in Mrs. Charles Reilly’s bakery at Bradford, Pa., destroyed ten structures. Two children of Mrs. Reilly and a domestic perished in the flames, and the frenzied mother received such burns in attempts to rescue her babes that she died in a short time. Four other persous were injured, two being girls who jumped from upper stories, one receiving a fatal hurt.