1069. First National Bank (Cañon City, CO)

View Charter #3879 on SPMC

Bank Information

Episode Type
Suspension → Reopening
Bank Type
national
Bank ID
3879
Charter Number
3879
Start Date
July 20, 1893
Location
Cañon City, Colorado (38.442, -105.221)

Metadata

Model
gpt-5-mini
Short Digest
aee75042a13fb37d

Response Measures

None

Description

Multiple contemporaneous articles (July 20, 1893) state the First National Bank of Cañon City 'failed to open' / 'suspended' owing to the suspension/failure of Denver banks with which it had accounts; later articles (Aug 29, 1893) show the First National Bank was permitted to reopen. OCR/variant spellings (Canon/Cañon/Canyon) corrected to Cañon City, CO.

Events (3)
1. May 5, 1888 Chartered
Source
historical_nic
2. July 20, 1893 Suspension
Cause
Correspondent
Cause Details
Suspended because of failures/suspension of Denver banks with which it had accounts; ready funds could not be realized on securities.
Newspaper Excerpt
a notice on the doors of the First National Bank announcing that, owing to failures of Denver banks, it would have to suspend for a short time.
Source
newspapers
3. August 29, 1893 Reopening
Newspaper Excerpt
The First National bank, which closed its doors about a month ago, opened again this morning. The showing made by the institution is one of the best made by the recently suspended banks.
Source
newspapers

Newspaper Articles (23)
1. July 20, 1893 Asheville Daily Citizen Asheville, NC
Article from Asheville Daily Citizen, July 20, 1893

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ADMINISTRATION'S POLICY IT IS TO GIVE BANKS ALL THE HELP POSSIBLE. A Word of Encouragement For The Sorely Beset Denver Instilulions-More Bank Failures in Colorado. WASHINGTON, July 20.-Mr. James H. Eckels, comptroller of the currency, immediately on his return from New York this morning, addressed to the National Bank Examiner at Denver a despatch definining the policy of the administration with reference to the insolvency of national banking institutions generally, as follows: "I wish you would announce to the officers of banks which have failed in Denver that it is my intention to lend them every aid possible, looking towards a speedy resumption on their part, and that I shall grant to them sufficient time to enable them to not only collect such amounts as are speedidly collectable, but to get together such amounts of money as will enable them to open upon a small basis. It seems to me that citizens who have by a foolish course of conduct in withdrawing deposits from banks which have so long enjoyed their complete confidence, brought about this condition ought, in view of the damage they have done their city, as quickly as possible repair it by standing ready to deposit with them. I fully appreciate all the circumstances of thesituation and that no unnecessary loss may be entailed you are authorized to employ as assistants to protect your paper and collect in moneys, the most competent and truthworthy employes in such institutions. I have also ordered Examiner McHugh of Iowa to report at once to to assist you. "I desire that this telegram be given to the press at Denver, evidencing as it does that the comptroller has faith in the ability of the banks of Denver to resume, and of his desire to lend them every assistance consistent with his official S duty." DENVER. July 20.-The Flanders dry goods company has been attached for e $35,000 and in consequence was compelled to make an assignment this morning. The assets are estimated at $200,000; liabilities $125,000. The failure e was caused by the suspension of the Peo11 ples' National bank. a The First National banks at Cannon city and Grand Junction, this State, e failed to open their doors this morning. e

2. July 20, 1893 Alexandria Gazette Alexandria, VA
Article from Alexandria Gazette, July 20, 1893

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TELEGRAPHIC BREVITIES. The First National Banks at Canon City Grand Junction, Col., failed to open their doors to-day. Two five-year-old children who were crossing a street in Pittsburg, Pa., today, were run down by an electric car and killed. Leon Smith, the 21-year-old Napoleon of forgers, who secured $4,000 from banks in Port Huron, Flint and Grand Rapids, Mich., on forged drafts, and who intended working the banks in New York and Europe, was yesterday sentenced to eight years in Ionia. There is no truth in the report from Washington, Ga., about a threatened conflict between democrats and populists, when Hon. T. E. Watson speaks to-day. A special to the Chronicle says that Watson was met at the depot by a large crowd, principally of negroes Miss Winnie, daughter of Mrs. Jefferson Davis, is ill at Narragansett Pier. Miss Davis is only slightly ill and no apprehension is felt either by her mother or by the physicians. Last night she was comfortable and the doctor said she would be all right in a few days. Last evening Mrs. Tim Laughny, of Etna, Pa., tried to start her kitchen fire, using oil as kindling. A terrific explosion followed. The roof of the kitchen was blown off and Mrs. Laughny was covered with the burning oil. Her husband succeeded in extinguishing the fire but not until his wife had been frightfully burned. After a few hours of great agony she died. Two sons, the only children of Andrew Peterman, of Braddock, Pa., lost their lives while bathing in a dangerous place in the Mongahela river last evening. John, aged 9, dived from the bank and struck his head against a piece of cinder. His skull was fractured and he sank to the bottom. His brother, Stanislaus, aged 12, jumped to the rescue and he was drowned. Intense excitement exists in the hamlet of Waterville, Ohio, over a phenomenal oil find. Two wells are flowing 600 barrels a day and several others are running 200 to 400. Oil men from all over the country are flocking in on every train. Owen McCabe, of Washington, D. C., was one of the patrons of Bradley's bathing house at Asbury Park, N. J., yesterday. He foolishly left $400 in his clothes which was missing when he returned from the bath. The Flanders Dry Goods Company of Denver, Col., has been attached for $25,000, and in consequence was compelled to make an assignment this morning. Liabilities $125,000. A disastrous fire occurred at Susanville Cal., Tuesday night resulting in the destruc tion of sixty buildings and causing a loss of about $250,000. Runs were started on every bank in Guthrie, O.T., to-day, but all depositors are being paid in full and things are quieting down. Senator Edward B. Osborne, of the 15th New York district, died at Albany this morning.

3. July 20, 1893 Evening Star Washington, DC
Article from Evening Star, July 20, 1893

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AFFAIRS OF BANKS. A Better Condition of Things Reported From the West. DENVER, Col., July 20.-There may be no more bank failures in Denver. The panic wore itself out yesterday with the failure of the People's, German, and State national banks. This morning when the First, Colorado, Denver, City and American national banks opened their doors there was hardly a dozen depositors in all of them at the paying tellers' windows. In the First and Colorado nationals a long string of depositors reaching nearly to the street were lined up in front of the receiving teller's windows and the money was going back into the bank vaults almost as rapidly as it was withdrawn during the past three days. The German. State, and People's nationals could pay $3 for $1 if they could realize on securities. There may be a few commercial failures in the city within the next few days as a result of the suspension of banks, but it is believed that in no instance, whether a banking or commercial house, will the failure be complete, and that resumption of business will surely follow shortly. It is stated today that the McNamara drv goods house which failed Monday for $260,000 have settled with their principal creditors and will resume business Mondav. The cheering news from Washington has had a wonderful effect upon Denver this morning. The dispatch from Controller of the Currency Eckels. to the effect that he would give every posssible aid to the banks of this city, is applauded on every side. Bank Examiner Adams, to whom the telegram was addressed, is besieged by excited people anxious to hear a confirmation of the good report and get an expression from him. Mr. Eckels comments on the foolish course of those Denver citizens who had lost confidence in the banks, are looked upon in a most righteous light. The newspapers are running off extras announcing the news and already things begin to wear a bright aspect. SAN BERNARDINO. CAL., July 20.-The national bank examiners who have been looking into the affairs of the First National Bank of this city have made a report to Controller Eckels, recommending that the bank be allowed to open at once. They state they found the affairs of the bank in good condition. PEORIA, ILL, July 20.-All fears of trouble at the banks as a consequence of the failure of Oberhauser's private bank Saturday have died away. Preparations have been made to stand any possible run, but none materialized. All the savings banks have now taken advantage of the sixty day notice clause governing withdrawals. Nashua, N. H., July 20.-The Security Trust Company closed its doors this morning. The bank has not met with losses. but stopped business on account of the withdrawal of deposits. The treasurer states that the bank will be able to pay all depositors in full. It has capital and surplus amounting to $250,000, which must be paid out before loss can come to the depositors. DENVER, CoL., July 20.-The First National Banks at Canon City and Grand Junction, this state, failed to open their doors this morning. It is probable the failures were caused by the suspension of the Denver banks. The New York Banks in Good Condition. NEW YORK, July 20.-Charles M. Preston, state bank examiner, was in this city yesterday. He spent most of the day in Wall street. calling upon a number of the bankers, with whom he discussed, informally, the condition of the banks in this city and state. "The banks of this state," he said, "generally are in good condition. anticipate no failures. The last report from those that come within my jurisdiction was on June 1, and the general average of the banks was sound at that time. Partial reports received since that time show no change. I do not think any of the banks need my attention. with the exception of the two or three which ceased to do business a month or 80 ago. So far as my examination goes, all the banks are abundantly secured, and the only possibility of trouble might come from a run at some particular time when there was 8 lack of ready cash. The banks are holding as much cash as possible. Depositors have no difficulty in getting their money when they want it. The bankers of this city are deserving of great praise for the promptness with which they sent money to Chicago when there were threats of a crash among the banks there. About $8,000,000 were sent and that action probably saved serious trouble in that city. Had the New York banks not done this a panic in Chicago might have occured."

4. July 21, 1893 The Indianapolis Journal Indianapolis, IN
Article from The Indianapolis Journal, July 21, 1893

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Other Failures. NEW YORK, July 20. - -David McClure has been appointed receiver for the Truth Company, on the application of Charles Eddy, Lonis Ettlinger and Gustave H. Buck, directors, for a dissolution of the company. It was incorporated Dec. 10, 1892, with a capital stock of $200,000. succeeding to the business previously carried on by the News Letter Company. and issued bonds to the amount of $100,000. SHARON. Pa., July 20.-Sheriff Burnett. of Mercer, at the instance of attorney Ingersoll, of Cleveland, served writs of attachment on the Douglass Furnace Company, of Sharpsville, foreclosing judgments for $250,000 to-day. The failure is perhaps directly attributable to the recent assignment of Forsythe, Hyde & Co., of Chicago, by which firm the furnace has been operated. CANON CITY, Col., July 0.-When the hour for opening banks arrived this morning bassers-by were confronted with a notice on the doors of the First National Bank announcing that, owing to failures of Denver banks, it would have to suspend for a short time. CHEYENNE, Wyo., July 20.-The failure of the Kent Bank, this morning, precipitated & run on the other banks and this afternoon the First National Bank closed its doors. Liabilities, $502,000; assets $725,000. Both banks will probably reopen. NASHUA, N. H., July 20.-The Security Trust closed its doors this morning. The bank had not met with losses but stopped business on account of the withdrawal of deposits. It has deposits and surplus amounting to $250,000. GRAND JUNCTION, Col., July 20.-The First National Bank failed to open its doors this morning. A notice posted on the doors stated the liabilities to be $50,000. assets $108,000, leaving a balance of $58,000 in favor of the bank. FRANKFORT, Ky.. July 20.-Coi. E. H, Taylor,jr. the distiller, made an assignment to-day to the Lexington Trust Company. The liabilities are not given out but it is supposed that they are not nearly 80 large as the assets. COLORADO SPRINGS, Col., July 20.-The banking houses of J. R. Wheeler & Co., at Colorado City and Manitou, failed to open

5. July 21, 1893 The Wheeling Daily Intelligencer Wheeling, WV
Article from The Wheeling Daily Intelligencer, July 21, 1893

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Failed to Open. DENVER, July 20.-First national banks at Canon City and Grand Junetion, this state, failed to open their doors this morning. It is probable the suspensions are caused by the failure of the Denver banks.

6. July 21, 1893 The Morning News Savannah, GA
Article from The Morning News, July 21, 1893

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Two Colorodo Banks Closed. Denver, Col., July 20.-The First National banks at Canon City and Grand Junction, this state, failed to open their doors this morning. The failures were caused by the suspension of the Denver banks.

7. July 21, 1893 New-York Tribune New York, NY
Article from New-York Tribune, July 21, 1893

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BANKS STILL CLOSING THEIR DOORS. SEVERAL COLORADO INSTITUTIONS INVOLVED IN THE DENVER TROUBLES. Outhrie, O. T., July 20.-Runs were started on every bank in the city to-day, but all depositors were paid in full and things quieted down. Denver, July 20.-The First National Banks at Canon City and Grand Junction, this State, failed to open their doors this morning. It is probable the feilures were caused by the suspension of the Denver banks. Grand Junction, Cól., July 20.-The First National Bank, of which George Arthur Rice is president and J. F. McFarland. cashier, falled to open its doors this morning. A notice posted on the doors stated the liabilities to be $50,000; assets, $108,000. The depositors were further informed that no one would lose a penny, and that the bank would reopen as soon as it could realize upon its securities. As soon as the closing of the First National became known the business men began depositing in the Mesa County Bank In order to make its credit good. The runs were light. Canyon City, Col., July 20-The First National Bank suspended to-day, owing to the failures of Denver banks with which It had accounts. The assets are largely in excess of liabilities, but ready funds could not be realized on securities. It is thought the bank will be closed for only n short time. Colorado Springs, Col., July 20.-The banking houses of 3. B. Wheeler & Co., at Colorado City and Manitou. whose branch at Aspen closed yesterday, failed to open their doors this morning. At the Vaniton Bank the notice posted read; "This bank has assigned to

8. July 21, 1893 Fort Worth Gazette Fort Worth, TX
Article from Fort Worth Gazette, July 21, 1893

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Canon City Bank. DENVER, COL., July 20.-The First National banks at Canon City and Grand Junction, this state, failed to open their doors this morning. It is probable the failures were caused by the suspension of Denver banks.

9. July 21, 1893 The Sun New York, NY
Article from The Sun, July 21, 1893

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liabilities are believed to be covered by the assets. CHICAGO. July 20.-It was said in court today that the assets of the suicide banker. Herman Schaffner. would not pay over 12½ per cent. of the liabilities. Judge Tuley this morning appointed N. H. Culver receiver for the Commercial Lumber Company of Havenswood. The concern was incorporated in 1891 with a capital of $30,000. It is declared that the assets are in excess of the liabilities. SAN FRANCISCO. July 20.-Attachments have been filed against the Union Stock Yards Company. whose meat packing establishment is at Rodeo. These claims are said to be preliminary to larger suits by Eastern holders of the company's bonds. The plant has practically shut down. It cost $1,000,000 and Was started on May 15. Attorney-General Hart has decided that the People's Home Savings Bank. which closed a few weeks ago. is solvent, and recommends that if the bank can make sufficient collections within a reasonable time it should do so. SAN BERNARDINO. Cal., July 20.-The national band examiners who have been! looking into the affairs of the First National Bank of this city have made a report to Comptroller Eckels. recommending that the bank be allowed to open at once. They say they find the affairs of the bank in good condition. ASHLAND. Wis., July 20.-The Northern Manufacturing Company. manufacturers of hard wood. assigned yesterday. Assets. $60.000: liabilities unknown. The failure is due to the recent loss of the factory by fire. TACOMA. Wash.. July 20.-S. B. Dusinberre. cashier of the Bank of Puyallup. who was arrested forthe emberglement of $41,000 and released on bail, has been rearrested on a second charge of embezzlement. Ho was held in $15,000 bail. in default of which he went to jail. DENVER, July 20.-The First National banks at Cañon City and Grand Junction. this State. failed to open their doors this morning. The failures were caused by the suspension of the Denver banks. TOPEKA. Kan., July 20.-Notice of the failure of the Bank of Belleville. Republic county. has been received at the State Bank Commissioner's office. It was a private bank with a capital of $20,000.

10. July 21, 1893 St. Paul Daily Globe Saint Paul, MN
Article from St. Paul Daily Globe, July 21, 1893

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First National bank, of which G. A. Rice is president and G. A. McFarland cashier, failed to open its doors this morning. A notice was posted on the doors stating the liabilities to be $50,000 and assets $109,000, leaving a balance of $59,000 in favor of the bank. The depositors were further informed that no one would lose a penny, and that the bank would reopen as soon as it could realize upon its securities. As soon as the First National closing became known the business men began depositing in the Meabo bank in order to make its credit good. The runs were very light, and it is thought it may weather the storm without any trouble. CANON CITY, Col., July 20.-When the hours for opening the banks arrived this morning passers-by were confronted with a notice on the First National bank announcing that owing to failure of Denver banks it would have to suspend for a short time. This announcement caused no excitement, and no run is being made on the Fremont County bank, which is perfectly solid, and no fears are entertained in regard to it. The assets of the First National are largely in excess of liabilities, but ready funds could not be realized on securities, so suspension was necessary. It is thought the bank would be closed for only a short time. CHEYENNE, Wyo., July 20.-The private banking house of T. A. Kent failed to open its doors this morning. There has been a quiet steady, drain for some weeks, and closing was inevitable. Most of the deposits of this bank were time certificates, and but few of the business houses are affected. J. W. Foster is made assignee, and is now in charge. He believes that depositors will be paid in full.

11. July 22, 1893 Daily Kennebec Journal Augusta, ME
Article from Daily Kennebec Journal, July 22, 1893

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Business Complications. Flanders' dry goods house, Denver, has assigned. The Union Stock Yards company, San Francisco, was attached. The Northern Manufacturing company, Ashland, Wis., has assigned. The First National banks of Canon City and Grand Junction, Colo., have failed. The Union bank and the Greeley National bank of Greeley, Colo., have closed.

12. July 29, 1893 Arizona Weekly Citizen Tucson, AZ
Article from Arizona Weekly Citizen, July 29, 1893

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TELEGRAPHIC. DENVER, Colo., July 20.-There will be no more bank failures here now. The panic wore itself out yesterday. Scarcely a dozen depositors were at the paying tellers' windows at the remaining banks at the opening this morning, while at the receiving tellers' windows of several strings of depositors reaching nearly to the street were lined up. Money is going back into the bank vaults almost as fast as it went out in the past three days. There may be a few commercial failures in the next few days as the result of the bank failures, but it is believed there will be no bad ones. It is stated that the McNamara dry goods house, which failed Monday, settled with the principal creditors and will resume next Monday. TWO MORE COLORADO BANKS. DENVER, July 20.-Word has just been received that the First National banks at Canon City and Grand Junetion have failed. No particulars. The Flanders dry goods house, occupying five stores, five stories high, was attached this morning. Assets are estimated at $200,000; liabilities, $125,000. ECKELS TO THE RESCUE. WASHINGTON, July 20.-Comptroller Eckels has informed the national bank examiner at Denver that he will lend every assistance to closed Denver banks to enable them to resume business. FRESNO, Cal., July 20.-The Heath case was given to the jury this morning. This afternoon the jury is still out and belief is growing there will be no ver dict. CARDIFF, July 20. The British steamer Blue Jacket. from Marseilles, arrived here today with cholera on board and was ordered to quarantine. The Blue Jacket sailed from Kertoh, in the Crimea, on June 24. BUZZARD'S BAY, July 20.-President Cleveland and party, on board the yacht Oneida, arrived here this afternoon. The president said he WAS in splendid health and that his rheumatic trouble had entirely disappeared. SAN FRANCISCO, July 20.-A number of horses which belonged to the late Senator Hearst were sold at auction yesterday. King Thomas, for which Senator Hearst paid $38,000 &8 8 yearling, a few years ago, was sold for $750. SAN FRANCISCO, July 20.-The sealing schooner Czarina arrived last night from Sand Point, Alaska. Her captain says that on June 25, the date when the Mohican was supposed to have been disabled by the steam sealer Alexandria, the war ship was lying at Sand Point, uninjured. Nothing was said about the fight with the Alexandria. TIEN TSIN, China, July 20.-Information from Peking is to the effect that China will support Siam against France. Siam for many years has paid a tribute to China as a matter of custom only Chinese interference adds a most interesting feature to the dispute and may result in a modification of the French demands. SAN FRANCISCO, July 20. - United States Circuit Judge McKenna, who was nominated as one of the executors of the late Senator Stanford's estate, in case Mrs. Stanford resigned or became incapacitated, has filed a document in the superior court decli ing declining to act in that capacity. He gives as his reason that it might be deemed incompaiable with his office of circuit judge to maintain a relationship that would give ground for comment in case he should participate in the hearing of cases where the Southern Pacific company or the Stanford estate held interests. CHICAGO, July 20.-The following is self explanatory: JAMES H. ECKELS, Comptroller of Currency, Washington D. C. If the Associated Press reports you correctly you have grossly insulted the state of Washington in your speech before the Union League club last evening. The bank failures in our state have fallen far below those of many central, eastern and southern states. Kindly furnish the Associated Press immediately with a recapitulation of the national bank failures in the last ninety days. Our young state asks for justice. C. V. CALROUN, PERRY W. ROCHESTER, World's fair commissioners from the state of Washington. BOISE City, Idaho, July 19.-Leland Stanford, nephew of the late Senator Stanford, has turned up in Owyhee county. He has received notice that he has inherited $100,000 from his uncle. It 18 said he incurred his uncle's dis pleasure some years ago by contracting a marriage distasteful to is family and since then he has had no communication with his relatives. PHOENIX, Ariz., July 19.-Harry M. Bissell, aged thirty-two years, committed suicide here this morning by swallowing carbolic acid. He was a well known young man of Phoenix both socially and in a business way, having been connected with the sewer and electric light company and with the Hartford bank, bolding the position of business manager in the first and that of director and secretary in the other two. Late business troubles had weighed heavily upon his mind. He consulted hisflawyer Tuesday and was encouraged to maintain his position as it was by no means perilous. The next morning he chatted pleasantly with a friend. Ten minutes thereafter he was found dead, lying diagonally across his bed. DENVER, Col., July 19.-Senator Tel ler in an interview upon the financial situation in this city, says: "There is no one reason to which the trouble can be changed. It is partly silver, but OWing to the general depression, affecting the entire country. The bank failures of yesterday were unwarranted, and are directly chargeable to the people who become frightened and panic str cken. There is nothing less fair than to blame n all our ills to silver. It is much better to blame some of the silver speakers. Such unbridled language and excited

13. August 30, 1893 Santa Fe Daily New Mexican Santa Fe., Santa Fe, NM
Article from Santa Fe Daily New Mexican, August 30, 1893

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Looks Better. DENVER, August 30.-The German National bank reopened its doors for business at the regular hour yesterday. This is one of the oldest banks in the west and one of the last to suspend during the July panic. The First National Bank of Canon City also reopened.

14. August 30, 1893 The Anaconda Standard Anaconda, MT
Article from The Anaconda Standard, August 30, 1893

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Denver's Banks Reopening. DENVER. Aug. 29.-The German Na. tional bank reopened its doors this morning and received large deposits. The other two failed national banks expect to resume this week. CANON CITY, Colo., Aug. 29.-The First National bank. which closed its doors about a month ago, opened again this morning. The showing made by the institution is one of the best made by the recently suspended banks.

15. August 30, 1893 St. Paul Daily Globe Saint Paul, MN
Article from St. Paul Daily Globe, August 30, 1893

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Allowed to Reopen. WASHINGTON, Aug. 29.-The following national banks, which recently sus= pended payment, have today been permitted to reopen their doors for business: The German National Bank of Denver, Col.; the State National Bank of Denver, Col.; the First National Bank of Canon City, Col.; the Louisville City National bank, of Louisville, Ky.; the Merchants' National Bank of Louisville, Ky.; the First National Bank of Ashland, Wis., and the First National Bank of Platteville, Wis.

16. August 30, 1893 St. Paul Daily Globe Saint Paul, MN
Article from St. Paul Daily Globe, August 30, 1893

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Another Bank Open. CANON CITY, Col., Aug. 29.-The First National bank, which closed its doors about a month ago, was opened again this morning. The showing inade by the institution is one of the best made by the recently suspended banks.

17. August 30, 1893 The Seattle Post-Intelligencer Seattle, WA
Article from The Seattle Post-Intelligencer, August 30, 1893

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Another Colorado Bank Reopens. CANYON CITY, Col., Aug. 29-The First National bank, which closed its doors about two months ago, opened again this morning. The showing made by the institution was one of the best made by the recently suspended banks.

18. August 30, 1893 St. Paul Daily Globe Saint Paul, MN
Article from St. Paul Daily Globe, August 30, 1893

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Allowed to Reopen. WASHINGTON, Aug. 29.-The following national banks, which recently suspended payment, have today been permitted to reopen their doors for business: The German National Bank of Denver. Col.; the State National Ban k of Denver, Col.; the First National Bank of Canon City, Col.; the Louisville City National bank, of Louisville, Ky.; the Merchants' National Bank of Louisville, Ky.; the First National Bank of Ashland, Wis., and the First National Bank of Platteville, Wis.

19. August 30, 1893 The Salt Lake Herald Salt Lake City, UT
Article from The Salt Lake Herald, August 30, 1893

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A Canyon City Bank Resumes. CANYON CITY, Colo., Aug. 29.-The First National bank, which closed its doors about a month ago, opened again this morning. The showing made by the institution is one of the best made by the recently suspended banks.

20. August 30, 1893 Evening Star Washington, DC
Article from Evening Star, August 30, 1893

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More Banks Resume. The following additional national banks, which recently suspended payment, have been permitted to reopen their doors for business, viz: The German National Bank of Denver, Colorado, the State National Bank of Denver, Colorado, the First National Bank of Canon City, Colorado, the Louisville City National Bank of Louisville, Kentucky, the Merchants' National Bank of Louisville, Kentucky, the First National Bank of Ashland, Wisconsin, and the First National Bank of Platteville, Wisconsin.

21. August 31, 1893 The Yellowstone Journal Miles City, MT
Article from The Yellowstone Journal, August 31, 1893

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BUSINESS ON A BOOM. Suspended Banks Opening Their Doors, and Money Pouring In. Fifty Manufacturing Establishments and: Twenty Banks Have Resumed in the Last Three Weeks. KANSAS CITY. Mo., August 30.-The statement issued today by the national banks of this city shows that since the height of the financial Hurry. which was reached July 19. deposits have increased 82.000.000. SAN FRANCISCO. August 30. The People's Home Savings Bank. which closed its doors June 23. opened for business this morning. The bank has deposits of 82.000.000. DENVER. Col., August 30. The German National Bank opened its doors for business at the regular hour this morning. This is one of the oldest banks in the city and one of the last to suspend during the July panic. Soon as the doors were opened County Treasurer Hart deposited 820,000. and other merchants 825.060. several others nearly as large amounts. while the list of smaller depositors reached to the street. The other two suspended banks expect to resume this week. WAUPACA. Wis.. August 30. - The County National Bank. of this city. reopened its doors for business yesterday after a suspension of less than a month. NEW YORK. August 30. -The World to-day prints a list of twenty banks which have resumed business, also a list of about tifty manufacturing establishments which have resumed operations since August 12. CANON CITY, Col.. August 30.-The First National Bank. which closed its doors about a month ago. was opened again this morning. LE MARS. la.. August 30.--The Ger. man State bank has opened its doors for business. and is now transacting the business of this town. The other three banks will be running before long.

22. August 31, 1893 The Sun New York, NY
Article from The Sun, August 31, 1893

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National Banks Resume Business. WASHINGTON. Aug. 29.-The following national banks, which recently suspended Dayment. to-day have been permitted to reopen their doors for business. viz.: The German National Bank and the State National Bank of Denver: the First National Bank of Cañon City. Col.: the Louisville City National Bank, Louisville: the Merchants' National Bank of Louisville: the First National Bank of Ashland. Wis., and the First National Bank of Platteville. Wis. Application for authority to organize a national bank was to-day approved by the Comptroller of the Currency for the First National Bank of Woodward. Indian Territory. The Comptroller has authorized the following national banks to reopen on Sept. 1: The American National Bank of Omaha. Neb., and the American National Bank of Nashville, Tenn. The following national banks in Mankato, Minn.. have been authorized to reopen for business on Sept. 7: The First National Bank of Mankato. the National Citizens' Bank of Mankato, and the Mankato National Bank.

23. September 7, 1893 The Princeton Union Princeton, MN
Article from The Princeton Union, September 7, 1893

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IN GENERAL. The First National Bank of Canon City, Colo., has failed. The pay of all the employes of the Big Four road will be cut. Special sessions of the legislatures of Washington and Montana will not be held to elect United States senators. John H. O'Connor has been appointed receiver for the Algiers Brewing company, New Orleans. Machinists on the Louisville & Nashville road decided to strike against a cut in pay. The Chicago & Northwestern road has declared a quarterly dividend of 1 1-4 per cent. Missouri Populists, in convention at Macon, demanded the free coinage of silver and more legal tender paper. Southern members of the Epworth league threaten to secede unless their Northern brethren bar the negroes. Seven and a quarter miles in 13 3-4 minutes is the record made by the steam yacht Feiseen in New York waters. Another Catholic church dispute has been settled. Mgr. Satolli has informed Father Malone of Colorado that he must obey Bishop Motz's authority. Fears are entertained of further trouble in the Kansas mining district. The men are arming and are threatening. Rachel Handysides of Dubuque, Iowa. has commenced a breach of promise suit for $10,000 against Dr. Guthrie, professor of gynaecology in the Iowa state university.