10033. First National Bank (Great Falls, MT)

View Charter #3525 on SPMC

Bank Information

Episode Type
Run → Suspension → Reopening
Bank Type
national
Bank ID
3525
Charter Number
3525
Start Date
July 28, 1893
Location
Great Falls, Montana (47.500, -111.301)

Metadata

Model
gpt-5-mini
Short Digest
1df969474ef73381

Response Measures

Accommodated withdrawals, Capital injected, Full suspension, Books examined

Receivership Details

Date receivership started
1893-08-05
Date receivership terminated
1894-03-26
OCC cause of failure
Losses

Description

Newspaper accounts show heavy withdrawals/panic in late July 1893 forcing the First National Bank of Great Falls to suspend payment (reported July 28, 1893). A receiver was appointed in early August 1893 and depositors were offered time certificates; the bank resumed business in March 1894. Cause attributed to money stringency and other local bank suspensions (not a simple misinformation episode).

Events (8)
1. July 1, 1886 Chartered
Source
historical_nic
2. July 28, 1893 Run
Cause
Local Banks
Cause Details
Heavy withdrawals driven by general money stringency and contagion from other Montana bank suspensions (Helena bank suspensions cited).
Measures
Paid out large cash to depositors ($300,000 over six weeks) but ultimately closed doors when funds exhausted.
Newspaper Excerpt
In the course of six weeks the First National bank of this city has paid out to its nervous depositors more than $300,000 in cash, and as no more money could be had at once, the bank was forced to close its doors yesterday.
Source
newspapers
3. July 28, 1893 Suspension
Cause
Local Banks
Cause Details
Suspension attributed to money stringency and runs triggered by other bank suspensions (reports mention Helena and regional suspensions).
Newspaper Excerpt
Great Falls, Mont., July 28.-The First National Bank, of this city, suspended payment this morning.
Source
newspapers
4. August 5, 1893 Receivership
Source
historical_nic
5. August 5, 1893 Receivership
Newspaper Excerpt
Comptroller Eckles has appointed Gold S. Curtis receiver of the First National bank at Great Falls, Mont.
Source
newspapers
6. August 19, 1893 Other
Newspaper Excerpt
Resident stockholders have made a proposition to issue time certificates to depositors, payable in twelve... to twenty-four months; depositors will probably accept.
Source
newspapers
7. March 25, 1894 Reopening
Newspaper Excerpt
Great Falls Bank Resumes. GREAT FALLS, Mont., March 24.-The First National bank, which closed its doors during the panic, will open for business again on Monday morning next.
Source
newspapers
8. March 26, 1894 Restored To Solvency
Source
historical_nic

Newspaper Articles (21)
1. October 15, 1892 Red Lodge Picket Red Lodge, MT
Article from Red Lodge Picket, October 15, 1892

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HE IMPORTED "SCABS." Union. Collins Antagonizes the Carpenters' Falls Leader, October 3: "Did Great notice," said a member of the Tribune Carpenters' you union, "that Sunday's honor that T. E. Collins is only an Canada says director in the Great Falls & re ary and therefore not in any way sponsible road for the wholesale employment law OD alien labor in violation of the of that road, of which he is vice presiden' That is American representative? and slim way to dodge the responsi be will pretty attaching to him. Perhaps of the bility that he is honorary president not resay First National bank and therefore about spousible for the attempt made workmonths ago to defraud union eight by introducing "scab" carpenters of from men Minueapolis to take the place on the union labor in the finishing work Tim may First National bank building. not be an 'honorary' vice presi- is or may of the Lethbridge road. There dent doubt in the minds of the members being little of the Carpenters' uniou about his far as 'onery' president of a bank, so goes an his treatment of organized labor that me give you the history of union affair Let and you will see that the men have no cause to love him." by "The Townsite First National company, bank and was the built First the National bank of which T. E Collins, democratic candidate for governor is and the the proprietor of the Tribune, built president, being a home enterprise the parties equally interested in pros- and by of the town, it was expected promised per that it would be constructed and of home material 88 far as possible, in home labor, and this policy was when by carried out for a while. But in the fact finishing work came to be done dethe early part of this year a new this parture was taken, and while up to date only bome labor had been employed contract living Montana wages, this the let to a Minneapolis man by lot was of Alexander, who imported a of name non-union "scabs" from Minneapolis Great to do the work, thus depriving Falls workmen of the job. "The Carpeuters' union here took union the matter up and at a meeting of the Mr. appointed a committee to wait on Collins and the owners of the building should and request that only union men only be employed and union wages should be paid on the building. They Mr. met with the statement from his Collins were that the matter was beyond How control, as the contract was let. effective the union had a very a 11 ever. method of bringing the bank president time, and after a few of the leading with to round not pay bank he concluded that it would and t monkey with the labor buzz saw, that 11 found to a way to arrange matters so D labor was thereafter employed. declared union boycott which had been withdrawn. The the bank was then negoagainst is fair to say that during these the tiatious It Mr. Collins proved himself uncompromising enemy of organized officers of while some of the other secure labor, bank did what they could to c i a the satisfactory solution of the trouble. 1 "It is also true that before Mr. Collins concluded that is was possible to work employ at organized labor on the finishing he First National bank building went the personally and tried to induce some, to least, of the other banks in the city combine at with him in a crusade against reunion and defeat its purpose by from the fusing to take deposits withdrawn boyK the First National on account of the cott and failed in his efforts. o t "When the whole story of T. E. labor Cole record in connection with the inter g lins' is known it will makea very in unions contribution to the political in a esting famy literature which is now running the Tribune' " i

2. July 29, 1893 The Portland Daily Press Portland, ME
Article from The Portland Daily Press, July 29, 1893

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Lowell in the Procession, BOSTON, July 28.-At a meeting of the directors of the Tremont and Suffolk Mills at Lowell, Mass., held in this city today, it was voted to operate these mills on half time beginning Monday next. In the Iron Fields. DULUTH, Minn., July 28.-The Minnesota Iron company will close all mining operations at hand in the ore mines of the company until further notice. NAGAUNEE, Mich., July 28-The North Buffalo mine of the Buffalo-Mining company closed down Wednesday night. ISHPEMING, Mich., July 27.-The Lake Superior Mining company, which laid off 250 men ten days will close down section 16 of the mine, throwing 200 more men out Saturday night. Wire Nail Mills Closed. PITTSBURG, Pa., July 28.-The wire nail manufacturers held a meeting here yesterday and in view of the depressed condition of business it was. decided to continue the shut down until September 1. All wire nail factories in the United States are shut down at present. Failures Reported Yesterday. The S. M. Mitchell bank, Martinville, Ind., has gone into voluntary liquidation. It has been backed by $500,000. The Ellensburg (Wash.) National Bank has suspended. The Traders' Deposit Bank, Mt. Sterling, Ky., has been closed during a run; liabilities $150,000; assets, $390,000. The First National Bank of Great Falls, Mont., has assets much above liabilities but has been forced to close. Two Sparta, Wis., banks have closed, the M. A. Thayer bank, liabilities $175,000; assets $225,000; and the Bank of Sparta, liabilities, $210,000; assets, $300,000. Big Figures These. PITTSBURG, Pa., July 28.-The liabilities of the American Iron and Tube company of Harrisburg are placed at $1,250,000; the assets exceed $2,000,000. The Shut Down at Waltham. WALTHAM, Mass., July 28.-Today it was announced that Green's department at the Americsn Watch factory would not start up at all on August 7th.Green's department has about 60 hands. All other departments would be affected more or less. Oldtown Concerns Closed. OLDTOWN, July 28.-Itlooks as if Oldtown would suffer some from the general business depression. Mr. Herbert Gray, proprietor of the valise factory in this city, has a large stock on hand and as the orders are not coming in as fast as usual at this season of the year, Mr. Gray expects to close the factory for a time. Carlton & Jellison's shingle mill is closed, and Mr. E. W. Conant, owner of another shingle mill, says his mill will run but a short time longer, as there is such a small demand for shingles. Four Hundred Lost Work. HARRISBURG, Pa., July 28.-The Harrisburg Rolling Mill Company, one of the largest creditors of the American Tube and Iron Company, which yesterday went into the hands of receivers, shut down last evening and will be closed indefinitely. Over 400 men were

3. July 29, 1893 The Anaconda Standard Anaconda, MT
Article from The Anaconda Standard, July 29, 1893

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ALL QUIET AT HELENA No More Bank Failures and But One Business Assignment. COLLAPSE AT RED LODGE J. H. Conrad & Co. Assign Their Large Business- A Failure at Great Falls-The - First National Bank. Special Dispatch to the Standar 1. HELENA. July 28. There have been no more bank failures in Helena and there was no excitement to-day. There is a feeling that the worst is over and consequeatly a renewal of confidence. M. M. Holter, a brother of A. M. Holter and a partner in the big hardware firm. assigned to-day to protect his interests. The assets are nearly $1,000,000 with liabilities of about $36,000.

4. July 29, 1893 The Times Richmond, VA
Article from The Times, July 29, 1893

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closed their doors here yesterday-the M. A. Thayer Bank and Bank of Sparta. The cashiers of both institutions claim that the action was taken to protect depositors and that the banks will resume. The liabilities of M. A. Thayer Bank are placed at about $175,000, and assets at $225,000. while the liabilities of the Bank of Sparta are said to be $210,000, with assets of $500,000. PORT WASHINGTON WIS., July 28.The German-American bank closed its doors this morning. The bank has been singularly unfortunate, having been caught in both the Plankington and Mitchell bank failures at Milwaukee. M. Andier has been appointed receiver. There are ample securities, and depositors will lose nothing. CHIPPEWA FALLS, WIS., July 28.G. W. Seymour's private bank closed its doors here this morning. There are runs on all the other banks in the town. PORTLAND, ORE., July 28.-The Union Banking Company has suspended. GREAT FALLS, MONT., July 28.-The First National Bank, of this city, suspended payment this morning. LOUISVILLE, July 28.-The Clearing House Association decided to-day to assist the weak banks by issuing certifled checks on clearing house banks, as was done during the stringency of 1890. Business Embarrassments. BOSTON, July 28.-The Tremont and Suffolk Mills, at Lowell, go on half time, beginning Monday. The York Mills, at Saco, Me., will shut down for five weeks. E. W. Chapin & Co.'s Satinet Mill, at Northboro, Mass., has shut down and the firm has assigned. PITTSBURG, July 28.-The Bessemer steel department of Jones & Laughlins Brownstown Mill closed to-day and five hundred men are idle in consequence. Mr. Jones refused to answer any questions on the subject, and the air is full of rumors. The men fear a long suspension. LOUISVILLE, KY., July 28.-The Ahrens-Ott Manufacturing Company has notified its men in the factory that they will after to-morrow be reduced to onefourth until further orders. The company manufactures plumbers' and steam supplies, and has two factories. The full force employed at these factories is four hundred men, and only about one hundred will be retained for the present. NEW YORK, July 28.-Adolph Goldsmith and Sigmund A. Goldsmith, composing the firm of Adolph Goldsmith & Son, jewelers and diamond dealers, 88 Maiden Lane, to-day assigned to Jonas H. Monsheimer, with preferences for $38,043 to numerous creditors. SAN ANTONIO, TEX., July 28.-The extensive coal mines of the Mineral Colliery Company, in Webb county, have closed down, throwing a large number of men out of work. There is no prospect of starting again. The men are leaving the county. DENVER, COL., July 28.-The Denver Hardware Company failed to-day. The house is one of the largest in Denver. Ex-State Treasurer Corwing is at the head of the firm. NEW YORK, July 28.-The failure of Horatlo D. Averill was announced at the Consolidated Exchange this morning. Liabilities small.

5. July 29, 1893 New-York Tribune New York, NY
Article from New-York Tribune, July 29, 1893

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MORE BANKS GO UNDER. NINE CLOSED IN THE WEST AND ONE IN KENTUCKY. ONLY THREE NATIONAL BANKS IN THE NUMBER -SEVERAL OF THE INSTITUTIONS LIKELY TO RESUME BUSINESS. Ellensburg, Wash., July 28.-The Ellensburg National Bank suspended payment on Wednesday. George B. Markle, president of the two banks which failed in Portland on that day, is also president of the Ellensburg bank. Portland, Ore., July 28.-The Union Banking Company has suspended. Great Falls, Mont., July 28.-The First National Bank of this city suspended this morning. The assets are much above the liabilities, and it is believed that the bank will soon resume. Money stringency is given as the cause of the failure. The bank was owned in large part by the Great Falls Town Site Company, and was a depository for the Great Northern Railway. Washington, July 28.-The First National Bank of Great Falls, which suspended this morning, has a capital of $250,000. The bank carries a line of individual deposits from $650,000 to $700,000. Controller Eckels is advised that the Chamberlain National Bank, of Chamberlain, S. D., capital $50,000, individual deposits $15,000, failed to-day. Milwaukee, July 28.-Dispatches to "The Evening Wisconsin" from Port Washington say the GermanAmerican Bank at that place failed to-day. Chippewa Falls, Wis., July 28.-G. W. Seymour's private bank closed Its doors here this morning. There were runs on all the other banks in the town. Chicago, July 28.-A dispatch to "The Record" from Martinsville, Ind., says: The S. M. Mitchell Bank, established thirty years ago, and backed by $500,000, went, into. voluntary liquidation yesterday. The cause of the action, it is said, is the division of the estate. Sparta, Wis., July 28.-Two banks closed their doors here yesterday-the M. A. Thayer Bank and the Bank of Sparta. The cashiers of both institutions say that the action was taken to protect depositors, and that the banks will resume. The liabilities of the Thayer Bank are placed at about $175,000, and the assets at $225,000. The liabilities of the Bank of Sparta are said to be $210,000, with assets of $300,000. Mt. Sterling, Ky., July 28.-The officers of the Traders' Deposit Bank decided last night to suspend payment, owing to a heavy run on the bank yesterday, caused by the Suspension of the Farmers' Bank. The bank owes $150,000, and has $390,000 of good assets, and the officers hope to resume business a: an early day.

6. July 29, 1893 The Morning Call San Francisco, CA
Article from The Morning Call, July 29, 1893

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DISASTER AHEAD. Mills Shut Down Because of the Stringency. BOSTON, July 28.-A number of mills in Lowell, Biddeford, Me., Providence, R. I., and other points in New England have decided to shut down for an indefinite period because of dull trade and the financial stringency. FALL RIVER, Mass., July 28.-It is reported that several mills will shut down in August for a longer or shorter period, dependent wholly on the condition of the money market. The mills are well able to meet all their obligations, but the directors feel that it is useless to pay 8 per cent for time loans to enable them to pay their operatives' wages. NEW YORK, July 28.-The announce. ment of the failures of H. C. Averall and C. H. Collely were made on the Consolidated Exchange just before 2 P. M. to-day. The liabilities are small. The failures are attributed In both cases to the decline in sugar and General Electric. BROOKLYN, July 28.-Joseph Lecomte, manufacturer of sheet metal, made a general assignment to-day. It is imposible to learn the amount of liabilities, but they are said to be greatly in excess of the assets, GREAT FALLS, Mont., July 28.-The First National Bank failed this morning, owing to the Helena Bank suspension. The assests are much above the liabilities. It is believed the bank will soon resume. The bank has a capital of $250,000, deposits about $650,000. NEW YORK, July 28.-Adolph Goldsmith & Son, jewelers, have failed; liabilities $200,000. assets $390,000. HARRISBURG, Pa., July 28.-The Harrisburg Rolling-mills, one of the largest creditors of the American Iron and Tube Company. which failed yesterday, have shut down indefinitely. PORTLAND, Or., July 28.-The Union Banking Company assigned to-day. The company did a small business and the assignment caused no excitement. The assignment was made to Frank Hacheney, City Treasurer, but no statement of assets and liabilities has yet been made. There were $8000 of the city's funds in the bank. Assignee Hacheney thinks the bank will pay depositors in full. The concern has a capital stock of $100,000. H. R. Lewis was to-day appointed receiver for the Lewis & Dryden Printing Company. The indebtedness of the com-

7. July 30, 1893 St. Paul Daily Globe Saint Paul, MN
Article from St. Paul Daily Globe, July 30, 1893

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Bank Receiver. WASHINGTON, July 29.-Comptroller Eckels has ordered Bank Examiner Thompson to take charge of the failed Chamberlain National Bank of Chamberlain, S. D., and Examiner Weirick of the failed First National Bank of Great Falls, Mont. The comptroller of the currency today appointed receivers of insolvent national banks as follows: Charles T. Gates Jr., receiver of the State National Bank of Knoxville, Tenn.; Louis F. Phelps, receiver of the Merchants' National Bank of Great Falls, Mo nt

8. August 4, 1893 The Kinsley Graphic Kinsley, KS
Article from The Kinsley Graphic, August 4, 1893

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GENERAL MANAGEB W.S MELLEN, Pa- of the Northern Pacific, died on the cific coast recently. THE clearing house committee of Chicago has decided to issue clearing house certificates A SERIOUS state of affairs existed at Denver, Cob. owing to the vast numbers of unemployed, who were holding the meetings and threatening to loot the National banks requested milicity. protection of the United States tary, which they were able to do, being national CASHIER depositories OVERTON S. PRICE, of the Citizens' national bank, of Hillsboro, O., is under arrest. THERE was a bitter wrangle on about the arbitrary freight rates between Bluffs. jobbers of Omaha and Council First national bank of Great the Falls, THE Mont., suspended, owing to beHelena bank suspensions. It was lieved it would soon resume. THE world's fair management is again undecided about Sunday opening. THREE harvest excursions for points fair the west and south, at world's West in rates, have been arranged by the Passenger association. ern THE Roby boarding-house at Decatur, III. has been set on fire four times within thirty-eight days NINETY-SIX business houses were de- made stroyed and sixteen families were homeless by fire at Fifield, Wis. THE Standard Oil is again in com- the plete control of Colorado. Its rival, Rocky Mountain Oil Co., is no more, and the big petroleum monopoly has the field to itself once more. THERE were runs at Chippewa Falls, Wis., caused by the failure of Seymour's private bank. UNITED STATES MARSHAL Nix has in his possession about fifty head of cattle of which he confiscated from the gang were horse and cattle thieves who captured in the Cherokee strip. THE Utes will soon be compelled to vacate their reservation in Colorado and will be sent to Utah. THE gates of the world's fair were opened last Sunday. THE Denver chamber of commerce and board of trade have sent a.silver memorial to congress ONE person was killed and three acothers were seriously injured in an eident on a bridge at Chicago. DR. LEE LING,a Chinese physician, of Chicago, and Miss Lizzie Fairman, were an American girl, of the same city, recently married at Peoria, Ill. SECRETARY HOKE SMITH was Langed the in effigy at Rome, O., because of suspension of a pensioner. EXHIBITORS have presented their grievances to the management of the world's fair. THE McNeil & Urban safe & Lock Co., one of the oldest safe firms in the country, have assigned to Howard Douglass, of Cincinnati. The assets $160,000; liabilities unknown. The are firm has been unfortunate in several large contracts. ONE of the most daring robberies ever attempted in Chicago, was committed in the residence of Mrs. R. Ammon at broad daylight. The thieves,after binding and gagging Mrs. Ammon, succeeded in robbing her of diamonds and $2,gold watch, the whole value being 000, and made good their escape. THERE was a run on the banks at of Ashland, Wis., caused by the failure the First national bank of that city. THE Chicago banks are buying up exchange for the purpose of importing gold on local account MRS. LUCILLE RODNEN. of Galveston, Tex., who has been tramping from Dallas to Chicago since May 16, arrived at Chicago on the 31st, a day ahead of time. She is supposed to have won $5,000. THE Akron, O., savings bank has failed. BOOMERS are allowed to cross the strip on the wagon roads. They must not, however, hunt up corner stones. A FARMER named Langevin had his house burned down near Olga, N.D., while lighting a fire with kerosene. Two children were burned to death. caused by a delay in payment was reported at of town of A wages, RIOT, Virginia, Minn. the mining workmen were assaulted by lumber after a desperate land, and NON-UNION beaten Wis., shovers encounter at Ashwith the police. WILLIAM NONEMACHER, a farmer living near Antigo, Wis., killed his wife and three children and made an unsuecessful attempt to end his own life. THE third trial of M. B. Curtis, the actor, for murder has commenced at San Francisco THE attorney -general of Colorado has rendered an opinion that the state legislature can take action establishing bullion depositories and issuing certificates thereon which shall be legal tender in the state. JOSEPH DEBOGUE, who is insane over pump of his own invention, has been brought back to the hospital for the insane at Jacksonville, III., from Orange, N.J. THE SOUTH. and a were & killed a collision on the Four-tramps by brakeman Va. Norfolk Western, near Welch, W. TAYLOR, Lulu Smith and Nellie all Marian MAGGIE drowned Patrick, Johnson, Patwomen, were near young It's

9. August 4, 1893 The Weekly Tribune Great Falls, MT
Article from The Weekly Tribune, August 4, 1893

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FOUGHT A BRAVE FIGHT. In the course of six weeks the First National bank of this city has paid out to its nervous depositors more than $300,000 in cash, and as no more money could be had at once, the bank was forced to close its doors yesterday. It has been unavailing to warn the people against withdrawing their deposits from the banks at this time. A panic has seized them which carried them on like cattle in a stampede. Men of all degrees of intelligence have been affected by it, and none seemed able to restrain the insane feeling that took possession of them to get their money from the banks. There is, of course, widespread ignorance among the people generally on the subject of banks, and these are a few salient points that all should know. In the first place banks take money on deposit and pay interest upon it for the purpose of loaning it to their customers. On such loans they are given the best possible security, and as a sample of the Great Falls banks, it may be said that the First National has at least three dollars of good securities for every dollar of its deposits. That is, it can pay them off several times over, when the men who have borrowed from the bank pay back the amounts they owe. All the present trouble here would be ended in a moment if the people who have drawn their money out of the banks would go and put it back. In some places the panic stricken depositors have taken their money out one day, and hurried to put it back the next. It is pitiful to think of those who draw out their savings and then suffer tortures for fear of losing all by thieves or fire. But every bank is compelled by law to make good its obligations. For instance, if a bank is not well and carefully managed. and its affairs have to be wound up, each director is liable for a sum equal to double the amount of his holdings. Any property they may own is subject to attachment for their liability to the bank and its depositors, until they have paid off the amount of the stock held by them, and an equal sum in further liquidation of the bank's obligations. Thus it is seen that the depositor is always amply protected, except in cases where officers or directors are dishonest, or have sequestered their property in order to escape the liabilities contemplated by the law. As a matter of fact the First National has made a noble fight against great odds, and nobody questions its ability to pay every depositor in full within a short time. All who owe the bank will pay up as soon as possible, and there is no good reason to doubt that there will be sufficient improvement in the situation in a few weeks to bring everything around to a normal condition. Ordinary wisdom would dictate in Great Falls a union offensive and defensive among all classes of the population to keep everything going in the usual way while the present difficulties last. Capitalists and business men can do nothing in the way of employing labor when the banks are closed, and there is just one rational means of improving the situation-namely: Return all surplus money to the banks and stand firmly together till the clouds roll by.

10. August 4, 1893 The Weekly Tribune Great Falls, MT
Article from The Weekly Tribune, August 4, 1893

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IT was plain to everybody that there was a more confident and settled feeling in this city than there had been for several days previous. The panicky people had done their worst when they forced the First National to close, and when the announcements came out in THE TRIBUNE that a number of local merchants were prepared to accept all certificates of the bank that were offered, at their face value, many of the "hoodood" depositors who had caused the drain of the bank, wished they had been more wise, and wondered why they had made such a foolish mistake. There was a general appearance of activity throughout the city, and business in the stores is improving despite the warm weather. Great Falls is all right and her people know it.

11. August 5, 1893 Deseret Evening News Salt Lake City, UT
Article from Deseret Evening News, August 5, 1893

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Receiver Appointed. WASHINGTON, Aug. 5.-Comptroller Eckles has appointed Gold S. Curtis receiver of the First National bank at Great Falls, Mont.

12. August 20, 1893 The Helena Independent Helena, MT
Article from The Helena Independent, August 20, 1893

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Good News from Great Falls. Special to The Independent. GREAT FALLS, Aug. 19.-Merchants and business men generally are encouraged by the prospects of the First National bank resuming. Receiver Curtis' report gives assets, including stockholders' liabilities. at $1,337,140. liabilities at $761,357. Resident stockholders have made a proposition to issue time certificates to depositors, payable in twelve. fifteen, eighteen. twenty-one and twenty-four months. equal installments. This is most likely to be accepted and will relieve the situation in great degree.

13. August 20, 1893 The Seattle Post-Intelligencer Seattle, WA
Article from The Seattle Post-Intelligencer, August 20, 1893

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A Montana Bank Preparing to Resume. GREAT FALLS, Mont., Aug. 19.-[Special.] -Gold T. Curtis has been appointed receiver of the First National bank, which suspended in July. He has madea statement showing the assets, inclusive of the stockholders' liabilities, as $1,377,140, with liabilities of $761,357. At a meeting of the resident stockholders a proposition was made to the depositors to take time certificates payable in five equal installments, twelve, fifteen, eighteen, twenty-one and twenty-four months from date. The depositors will probably accept.

14. August 21, 1893 Deseret Evening News Salt Lake City, UT
Article from Deseret Evening News, August 21, 1893

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Will Resume. GREAT FALLS, Mont, Aug. 19.The First National bank of this city will probably resume. PUEBLO, Colo., Aug. 19,-Bank Examiner J. Sanborn today gave permission to the Central National bank, which suspended July 15th, to resume business Monday morning. The American and Western National banks, which suspended the same day, received permission from Comptroller Eckels to resume.

15. August 22, 1893 Deseret Evening News Salt Lake City, UT
Article from Deseret Evening News, August 22, 1893

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NEWS OF THE WEST. A Western Union Telegraph Manager Found Dead at Hastings, Neb. SUPPOSED MURDER AND ROBBERY Frightful Sawmill Accident.-Callfornia International Midwinter Exposition.-A Tramp's Fate. News has just been received of the killing of J. E. McBride by Joseph Kelson, near Cook's Peak, N. M. Both were from Kingston and the killing occurred over B cattle and horse trade. A. terribly accident occurred at a sawmill at Spokane, Wash., on Saturday. Geo. H. Maxwell was eaught by 11 revolving shaft, whirled over it, dashed a hundred against the floor and celling, crushed, mangled and torn to pieces till his body was hurled across the room a lifeless mass of flesh and broken bones. Gold T. Curtis, appointed receiver of the First National bank at Great Falls, Mont., which suspended in July, has made IA statement showing assets exclusive of stockholders' liability, $1,877,140, with liabilities $161,357. At A meeting of resident stockholders a proposition WAS madedepositors to take time certificates, payable in five equal installments-twelve, fifteen,t eighteen, twenty-one and twenty-four months from date. Depositors will probably accept. An unknown man, about thirty-five years of age, W 8 found dead with a bullet through bis head about 11 o'clock on Sunday morning, lying near the railroad treek near Causeo, twelve miles of Grand Junction, Colorado. He had nothing upon his person that would identify him, Indications being that he had been robbed, but at the coroner's Inquest no light was thrown except that three men were seen to pass the pump house in Palisades the previous night, and he is supposed to be one of them. A party of Indies and gentlemen visited the Indian mission one day this week writes the Kortenia (Idaho) Herald. They say there was never as large number of Indians there as at the present time. They are living in tepees and are kept busy gathering and drying berries for winter use. There is among the new arrivals at the mis. sion a charming maiden, still in her teens, a regular Pocahontas of a creature. Her beauty and 14 prospec. tive allotment of rich bottom lands, it issaid, had their effect on one of the young men of the party, and a court. ship is now in vigorous prosecution. At least one hundred stock growers in the vicinity of Rawlins, Wyoming, have been interviewed, and the general opinion is that there will be practically no winter range. One minent sheep man, who went over his winter range south of the Union Pacific, states there is no winter feed, which he attributes to the cold wet spring and hot dry summer. The spring being 80 cold, grass did not start, and, when it did, it was burnt up by the dry hot weather. This in. cludes the Winter sheep ranges in Northern Colorado and Southern Wyoming, in area a scope of country 200 by 300 miles square. There is no doubt that the oceasion of breaking ground for the California International Midwinter Exposition will be a memorable one in the history of the Golden state, anys the San Francisco Chronicle. An effort is to be made among public and private officials and heads of firms of every kind to have Thursday next declared a holiday after the noon hour, and there is no doubt that this generally expressed desire will be heeded. The gathering on the grounds will run into the hundreds of thousands. Civic and military organizations of all kinds, bands of music and choruses of singers will be present. Speeches will be made by able orators. Free Mastin, local manager of the Western Union Telegraph company, was found dead on Saturday morning in Rittenhouse grove, north of Hastings, Nebraska. The supposition is that be committed suicide. Assistant Superintendent Horton of the telegraph company stepped into the local office, introduced himself, and began checking up the books of the office. Shortly after Mastin excused himself and stepped out of the office, cashed A check at a convenient drug store, visited the insurance offices, paid his August assessment, and mailed the receipts and some cash to his wife. The letter was the foundation for the theory that he had taken his life. The searching party found the body about one-half mile from the Belknap regidence. At the telegraph office information as to whether or not Maston was short in in his accounts, could not be obtained. Mastin 18 an old pioneer

16. January 4, 1894 St. Paul Daily Globe Saint Paul, MN
Article from St. Paul Daily Globe, January 4, 1894

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DISTRICT COURT ITEMS. In the case of Sarah B. Mahan against Edward Broughey et al. findings were ordered to be prepared for the plaintiff. Henry B. Walsh was awarded a verdict against Paul A. Lavallee for $2,315.69, which is due on a promissory note. Judge Otis decided yesterday that Ella Billingsley is entitled to an absolute divorce from William Billingsley. The charge was adultery. Gold T. Curtis, as receiver of the First National Bank of Great Falls, asks judgment against Jennie C. Severance for $3,500 due on a promissory note. Charles Thompson has begun an action against Josie E. Hoyt et al., to foreclose a mortgage for $1,466.66 upon lot 3, in block 9, of College Place west division. Patrick Conley has begun an action against George W. Langevin and others to quiet title to the east half of block "C" and lots 1, 2 and 3, in block 13, of Olivier's addition to St. Paul. The National Bank of Commerce has garnished the funds of the Grand Forks Electric Street Railway company, in the hands of the Merchants' National bank and of William R. Merriam, to satisfy a claim. George L. Hendrickson has made a voluntary assignment to the St. Paul Security Trust company for the benefit of general creditors. The assignment does not affect the St. Paul Record, of which Mr. Hendrickson is editor. Judge Willis is engaged in trying the ejectment case of Wood against Wagoner, which involves part of a lot in West St. Paul. The case will occupy the time of the court for several more days. The land is worth but a small sum of money. Judge Kerr and a jury are trying the action of the Ware Tobacco Works against the City of St. Paul. This is one of the numerous flood cases occasioned by the bursting of Page street in the summer of 1892, and the damage to a number of houses. Judge Brill has overruled the demurrer to the complaint of Gustav Martin against Niels Christensen et al. The judge says that the expression, "payment of the mortgage," is a common inexact form of expression, which means the payment of a debt, and the demurrer will not be sustained for the use of an expression which is common in text books.

17. January 26, 1894 The Kinsley Graphic Kinsley, KS
Article from The Kinsley Graphic, January 26, 1894

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MISCELLANEOUS. THE Exchange bank of Ottawa, Putnam county, O., Samuel S. Slauson, president, has assigned to Dr. W. F. Reed. COMPTROLLER ECKELS announces that the First national bank of Great Falls, Mont., which has been in trouble, will resume business shortly. THERE was a riot at Bridgeport, Conn., over the street car strike. Considerable damage was done. Attempts were made to compromise the dispute. AN attempt was made recently to blow up Gov. Renfrow at Guthrie, Ok. THE British steamer St. Pierre rescued Capt. Robbins, the mate and five seamen, of the schooner Alert, of Gloucester, which was wrecked on the north. east point of Romeo Island. Nova Seotta

18. March 25, 1894 Omaha Daily Bee Omaha, NE
Article from Omaha Daily Bee, March 25, 1894

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Great Falls Bank Resumes. GREAT FALLS, Mont., March 24.-The First National bank, which closed its doors during the panic, will open for business again on Monday morning next.

19. March 25, 1894 The Morning Call San Francisco, CA
Article from The Morning Call, March 25, 1894

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Recovered From the Panic. SALT LVKE, March 24.-A special from Great Falls, Mont., to the Tribune says: The First National Bank, which closed its doors during the panic. will open for business again on Monday morning next.

20. March 25, 1894 The Wichita Daily Eagle Wichita, KS
Article from The Wichita Daily Eagle, March 25, 1894

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WILL REOPEN TOMORROW. SALT LAKE City, March 24.-A special from Great Falls, Montana, to the Tribune says the First National bank. which closed its doors during the panic, will open for business again on Monday morning next.

21. April 5, 1894 The Farmers' Union Memphis, MO
Article from The Farmers' Union, April 5, 1894

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FINANCIAL AND INDUSTRIAL -Union Pacific employes may "resign" in order to avoid punishment for contempt of court by calling the mov ement a strike. -Thirty-three national banks in Callfornia, exclusive of those in San Francisco, make the following showing: Loans and discounts, $510,255,043: lawful money re. serve, $2,480,538, of which $2,052,580 was gold; individual deposits, $9,713,394; average reserve held, 38.11 per cent. -The First National Bank of Great Falls, Mont., resumed business. There were $127,000 redeposited and $54,000 in new deposits. -Wheat jumped 3cents a bushel Wednesday and the "shorts" traveled at a Rarus gait over a corduroy road of their own construction. The advance came upon them while their backs were turned, and caught them unprepared. This is the first time the bulls have had an inning in a year, and they enjoyed it thoroughly. The present big advance disclosed the fact that the local market was heavily oversold. The professionals on 'Change were short up to their chins, and when a general movement to cover set in the result was an Instantaneous bulge. -The New York Stock Exchange has listed $7,000,000 debenture bonds of the Illinois Steel Company. - Wheat jumped up 2½ cents in New York on prodictions of a cold wave. -The Augusta (Ga.) cotton mills are re. ported to be in splendid condition, with sufficient orders on hand to run them for six months, even if no more orders are booked. One mill has just received a $250.000 order from a northern firm. -On complaint of Russell R. Harrison the Federal Court has appointed a receiver for the Queen City Electric Railway Company, of Marion. Ind. -T. V. Dickinson's jewelry store at Buffalo was seized by the sheriff on executions for local banks and New York merchants