1134. German National Bank (Denver, CO)

View Charter #2351 on SPMC

Bank Information

Episode Type
Run → Suspension → Closure
Bank Type
national
Bank ID
2351
Charter Number
2351
Start Date
July 18, 1893
Location
Denver, Colorado (39.739, -104.985)

Metadata

Model
gpt-5-mini
Short Digest
a94e08b91f6751c9

Response Measures

Accommodated withdrawals, Public signal of financial health, Capital injected, Partial suspension, Full suspension, Books examined

Receivership Details

Depositor recovery rate
24.4%
Date receivership started
1894-07-06
Date receivership terminated
1905-10-23
OCC cause of failure
Excessive lending
Share of assets assessed as good
57.2%
Share of assets assessed as doubtful
25.3%
Share of assets assessed as worthless
17.5%

Description

July 1893 panic produced runs on Denver clearing-house banks including the German National (run beginning 1893-07-18). The bank closed/suspended in the immediate panic (notice posted July 20, 1893), then reopened Aug 29–30, 1893. It subsequently failed permanently and closed in June 1894 (did not open June 7, 1894; examiner/receiver took charge thereafter, with receiver named in 1895 court filings). I classify as run → suspension → eventual permanent closure (despite an interim reopening). Causes: initial run driven by local panic/other bank failures; ultimate closure due to bank-specific insolvency after extensions.

Events (7)
1. April 9, 1877 Chartered
Source
historical_nic
2. July 18, 1893 Run
Cause
Local Banks
Cause Details
Panic triggered by the failure/refusal to open of Union National and other Denver banks; runs spread to clearing-house banks.
Measures
Banks paid demands except time certificates; some banks posted notices they would not open; clearing house officers intervened.
Newspaper Excerpt
A run is now being made on the City National, German National, the First National, the Colorado National and all the eleven clearing house banks.
Source
newspapers
3. July 20, 1893 Suspension
Cause
Local Banks
Cause Details
Inability to secure available funds to meet large depositor demands during the Denver banking panic; directors ordered closure to forestall heavy demands and lack of ready cash from correspondents/eastern banks curtailed funds.
Newspaper Excerpt
The doors of the German National bank were not opened for business at 10 o'clock in the morning. A card was placed on the door which read: Closed by order of the directors.
Source
newspapers
4. August 30, 1893 Reopening
Newspaper Excerpt
The German National bank reopened its doors for business at the regular hour yesterday. ... The German National resumed yesterday. The German National bank reopened its doors this morning, and received large deposits. the other two failed national banks expect to resume this week. (Aug. 29–30, 1893 reports.)
Source
newspapers
5. June 7, 1894 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank exhausted funds after accepting extension certificates on deposits; paid earlier certificates but funds were exhausted when second set due, directors decided to close permanently.
Newspaper Excerpt
The German National bank did not open its doors today. Cashier Kunzemiller says the institution is compelled to go out of business.
Source
newspapers
6. July 6, 1894 Receivership
Source
historical_nic
7. June 1, 1895* Receivership
Newspaper Excerpt
The German National Bank of Denver, and Zeph T. Hill as receiver of The German National Bank of Denver ... (multiple 1895 legal notices naming Zeph T. Hill as receiver).
Source
newspapers

Newspaper Articles (22)
1. July 18, 1893 Asheville Daily Citizen Asheville, NC
Article from Asheville Daily Citizen, July 18, 1893

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CLOSED DOORS. Serious Times Among The Denver Banks. DENVER, Col., July 18.-The Union National bank, of which W. R. Woodbury is president, failed to open its doors this morning. Capital $100,000. No statement can be had. A run is now being made on the City National, German National, the First National, the Colorado National and all the eleven clearing house banks. The Commercial National bank and the National Bank of Commerce have closed their doors. FORT SCOTT, Kans, July 18.-The First National bank of this city, the oldest financial institution in south eastern Kansas, has suspended payment. TOLEDO, O., July 18.-The Citizens' bank of Ada, the most prominent one in Hardin county, failed to open its doors this morning. Its owner, Peter F. Ahlfield, has controlled it over a quarter of a century and is one of the wealthiest men in that section.

2. July 18, 1893 The Evening World New York, NY
Article from The Evening World, July 18, 1893

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PANIC ON IN DENVER. Four More Banks Close Their Doors To-Day. Runs Started on All the ClearingHouse Institutions. several Kansas Banks Go Down. with One in Ada. Ohio. DENVER, Col., July 18.-The Union National Bank, of which R. W. Woodbury is President, failed to open its doors this morning. The capital is $1,000,000. No statement can be had. A run is now being made on the City National, German National, First National. Colorado National and all the Clearing-House banks. The panic is on. LATER.-The Commercial National Bank has closed its doors. A notice says: "This bank has gone into liquidation by order of the Board of Directors." The National Bank of Commerce has also closed. Ex-Gov. Job A. Cooper is President of this bank. The Mercantile Bank. a private institution with a capital stock of $100,000, closed its doors at noon. The failure was caused by the failure of the Union National Bank, through which it cleared. C. C. Girda, the City Auditor, is President. W. F. Robinson formerly Treasurer of the Republican Publishing Company. one of the oldest and most respected individuals in the State, has been made assignee. President Woodbury is of the opinion that the Union National Bank will reopen and continue business as before. It is one of the oldest banks in Denver, and has always been regarded as one of its solid ones. The failure of the Chamberlin Investment Company a few days ago affected the Union National, the Company having become indebted to the bank about $50,000. The Commercial National Bank was in bad shape. It has a capital stock of $250,000. and only had $2,000 in cash in the bank. TOLEDO, July 18.-The Citizens' Bank of Ada, O., the most prominent one in Hardin County, failed to open its doors this morning. Its owner, Peter Ahifield, has controlled it for over a quarter of a century, and is one of the wealthiest men of that section. No statement of assets and liabilities, or the cause of failure, can be obtained. FORT SCOTT, Kan. July 18.-The First National Bank, of this city, the oldest financial institution in Southeastern Kansas, has suspended payment. TOPEKA. Kan., July 18.-State Bank Examiner Breidenthal this morning received notice of the failures of the Citizens' Bank, of Kansas City, Kan., of the Bank of Richmond and of the Farmers and Merchants' Bank. at Ossawattomie. The concerns all did a small business. Statements are unobtainable. The opinion is expressed that other institutions throughout the State will soon go under. The Denver bank failures reported above are in addition to the three reported in the same city yesterday, which were as follows: People's Savings Bank: assets, $1,125,667.55; liabilities, $966,996.88 Colora do Savings Bank: assets over liabilities, $73,063.62. Rocky Mountain Dime and Savings Bank: assets, $156,803.53; liabilities. $105, 654.32. The seriousness of the situation is quite evident from the collapse of all f these institutions.

3. July 18, 1893 Alexandria Gazette Alexandria, VA
Article from Alexandria Gazette, July 18, 1893

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Failures. As a result of the recent Thornto: bank failure, Nancy M., W. N. and John D. Stewardson, extensive farmers and stock raisers of Shellbyville, Ills., have ,assigned to W. E. Walker. Liabilities about $30,000; asserts $25,000. The Bank of Anacortes, Washn., failed to-day. The First National Bank of Fort Scott, Kas., the oldest financial institution in southeastern Kansas, has suspended. The Citizens Bank of Ada, the most prominent one in Hardin county, Ohio, failed to open its doors this morning. The Union National Bank of Denver, Col., failed to open its doors this morning. The capital is $1,000,000, No statement can be had. The Commercial National Bank and the National Bank of Commerce have also assigned. A run is now being made on the City National, German National, First Na. tional, Colorado National and all the 11 clearing house banks in Denyer. The panic is on.

4. July 19, 1893 The Daily Morning Astorian Astoria, OR
Article from The Daily Morning Astorian, July 19, 1893

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SEVERE RUN ON DENVER BANKS Several of Them Compelled to Close Their Doors. SMALL DEPOSITORS EXOILED And Entirely Responsible for the Condition of Affairs-The Worst Thought to Be Over. au Associated Press. Alter Denver, July 18.-No None was ever witnessed here before like that of this morning. shortly after the hour when the banks opened for business. The failure three savings banks yesterday had excited the masses, and at the hour of opening the streets were crowded with anxious depositors, The eleven clearing house banks, located within four blocks of each other, were surrounded, and far into the streets the crowd gathered until the police were called to clear a way for traffic. At 10 the Union National, with a capital of $1,000,000, posted a notice that they would not open their doors. This started a panic, and following quickly the Commercial National posted a similar notice, and then the National Bank of Commerce A run was immediately started on all the other banks, although to no great extent upon the Peoples' National. The First National appears in unexceptionable conditon, having over sixty per cent of its deposits on hand, with a private fund of a million and a half in addition to draw upon, making it impossible to close their doors. The Colorado National and several others are equally good. The mob wthdrawing money are all small depositors. The banks are paying all demands except time certificates, der manding that these remain until the expiration of their time. President J. A. Thatcher, of the clearing house, says: "I am confident today will see the worst of this, and that the people will come to their senses." Denver, July 18.-The Mercantile Bank, a private institution, with a capital of $100,000, failed at noon. The failure was caused by that of the Union National, through which it cleared. Denver, Col., July 18.-The Union National Bank has closed. It has a capital of a million dollars. No statement has been made as yet. A run is now being made on the City National, German National, First National, Colorado, National, and all of the eleven clearing house banks. A veritable panic is on. Denver, July 18-The Commercial National Bank has closed its doors. Denver, July 18.-The National Bank of Commerce has closed. Topeka, July 18.-State Bank Eyaminer Briedenthal this morning received notice of the failure of the Citizens' Bank at Kansas City, Kas., the Bank of Richmond and the Farmers' and Merchants' Bank of Ossawattomie. The concerns are all sma.1. No statements have been male. Other similar failures throughout the state are expected Fort Scott, Kan., July 18.-The First National Bank, the oldest financial institution in this part cf the State, has failed. Toledo, Ohio, July 18.-The Citizens' Bank of Ada, the mose prominent bank in Hardin county, failed this morning. No statement hss as yet been made.

5. July 19, 1893 The Providence News Providence, RI
Article from The Providence News, July 19, 1893

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New York Market. SPECIAL TO THE NEWS. NEW YORK, July 19.-The opening this morning in stocks wa encouraginr. but the bears soon brought about a lissitude that no one seemed willing to combat Denver was more hopeful. The prospect of resumption by a number of banks which had closed their doors yesterday seemed good, and even when the State bank and the German Nat. closed their doors more trouble was anticipated, this disaster which has struck the queen city of the west readily finds it explanation in the unsound doctrines recently uttered by the governor of Colorado. Eastern banks could no longer afford deal with banks situated in such communities and they at once shut down on loans to the Denver banks, without ready cash the banks were compelled to close their doors. When this panic is well past and men review their exgeriences and count their 104865 they will find a very small portion of them due to national bank failures. Under ordinary conditions the Denver banks would doubtless have continued busi ness without trouble. But then securities were as unsaleable as wint overcoats in July. Not that the ov rcoats are not good, or that the securities are not valuable, but nobody wants them. e same is true of stocks. Exchange dropped today 11/4 below yesterday, and stood at 4.83% The cause was the more plentiful appearance of grain bills and the lack of demand for bills to pay for stocks sold for foreign account. Curerncy continues to flow into N. Y. in fair amounts. The withdrawal of 50,000 from the sub-treasury was mainly for St. Louis. The Illinois Central declared its regular six months diIt vidend of 21/1 per cent. showed a net increase of $560. 854. The business of Reading is greater than that of any other trunk line, except the New York Central The gold reserve, Washington, is $97,672,852, n decrease of $400,000 since yesterday. The market ali day was active, and at the close there was not a great decline from yesterday.

6. July 20, 1893 Burlington Weekly Free Press Burlington, VT
Article from Burlington Weekly Free Press, July 20, 1893

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DENVER Col., July -The in, is ure of three savings banks yesterday b Gl greatly excited the masses, and at the hour of openlug to-day the streets were crowded with Anxious depositors. The'Il clearing house banks located within four blocks of each other, were surrounded and far into the street the crowd gathered until officers and special police were called out to clear the way for traffic. At 10 o'clock the Union National with B capital of $1,000,000 posted a notice that they would not open their doors. This started the panic, and following quickly the Commercial National posted asimilarnoice and then the NationalBank ofCommerce. A run was immediately started on all the other banks, though to no great extent on the People's National. The First National appears to be the soundest of all, with over 60 per cent of its deposits on hand with a private fund of $1,500,000 in addition to draw upon. The Colorado National and several others are in equally as good condition. Those withdrawing their money are all small depositors, the largest holders being satisfied to let their accounts remain in the banks. The banks are paying all demands except on time certificates. President J. A, Thatcher of the clearing house association, said: At the meeting of the clearing house last night we decided that we could not help the banks and some of them have gone to the wall. All of them, I believed, have ample security to protect all depositors. The Union National bank in its notice states that the bank had realized ou its securities as rapidly as possible, but that it was not fast enough to suit depositors. It has $600,000 in securities and owns approximately $500,000. It is thought that bank will be able to realize upon its securities when all depositors have been paid in full. The bank expects to open again for business as soon as it can realize. The Commercial National bank was in bad shape. It has a capital stock of $250,000 and had only $2000 in cash on hand; small depositors rushed to the American Na. tional and began drawing out their deposits. The American National bank has /less small depositors than any other of equal capacity in this city. The vice-president of the bank said that those who are drawing money are those who usually paid the grocers and butchers with checks which came to the bank through the clearing house. The depositors had to go to the bank in person to draw the money. The Mercantile bank, a private institution with a capital stock of $100,000, also closed its doors to-day. The failure was caused by the failure of the Union National bank, through which it cleared. The run upon the banks continued until 2 D'clock, when it almost entirely subsided at all the banks except the German National, where it continued until the closing hour. The general opinion among bankers and business men is that the panic is over and that no more banks will be obliged to close. The suspended banks expect to resume business in a short time. It is stated by bankETS that $8,000,000 has been drawn from the banks during the last three month. If one-fifth of that amount was let into circulation the stringency in Danver would cease. There were nine business failures here to day Le-ides that of the McNamara Dry goods company, already reported. The most importrnt of these were Albert Nolsou, restaurant, liabilities $96,000; assets $111,000; John Mount Lumber company, attached for $153,000.

7. July 20, 1893 Waterbury Evening Democrat Waterbury, CT
Article from Waterbury Evening Democrat, July 20, 1893

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ANOTHER DAY OF PANIC. Many Denver Business Firms Go Down In the Crash. THINK THE BANK RUNS ARE OVER. Now Six National Banks of Denver Are Closed, but All Claim That They Will Resume-The Situation In Kansas a Lit. tle Better-Results Are Far Reaching. DENVER. July 20.-The timorous feeling among depositors in the Denver banks, which has resulted in closing a number of these institutions this week, seems at last to have reached its limit, and the people are now stopping to think, with the result that more money is being deposited than is withdrawn. The German, State and People's national banks closed their doors in order to forestall the heavy demands that it was evident would be made. As soon as the action had been taken, depositors in other banks seemed to take new courage, and during the day the talk on the streets was much more conservative and rational. The fivenational banks that are still open for business showed no signs of any unusual excitement among their patrons. Indeed, their banking houses were quieter than on many days during ordinary times, and everybody seems to feel that the end of the unjustifiable excitement has been reached. The run which was started on the First National bank was completely broken, and quiet was restored. The run was caused principally by those who were near at hand when notices declaring the suspension of the German and State National were posted. These people at once became panic stricken, although the remarkably strong condition of the First National is a matter of common knowledge. Around the Denver National, Colorado National, American National and City National banks all was quiet. There were very few calls for money, and a few of those who had withdrawn their money from the suspended banks were depositing in the banks that yet remained open. Among the officers of the banks which were open for business the expression was unanimous that the flurry was at an end, and that the people would now see the folly of their action in forcing a suspension of the banking institutions by all withdrawing their deposits at once and taking from circulation all the money that would ordinarily flow through the regular channels and help in sustaining the business public and the banks. The suspended banks all had much more than enough money to be considered a perfectly safe guaranty in ordinary circumstances and with business at its normal condition would have laughed at the idea of run. Business Firms Go Down. The Tucker Shirt and Furnishing company, Sixteenth street, assigned to Charles H. Burpie. Assets. $35,000, and liabilities $13,000. The Hallack-Sayre Newton Lumber company assigned to Frederick F. Sayre as a result of the closing of the State National bank. The Blake Lumber company assigned to Emmet B. Annis. The Palace drug store, Sixteenth and Curtis streets, made an assignment to F. F. Sayre. J. H. Naylor. a furniture dealer on Fifteenth street, assigned to Simon T. Horn. y The Stanley Shoe company attached the Union Clothing company. An assignment was made by the People's Coal company to John O'Neill. S Goldhammer & Weiss, saloon and restaurant keepers on Larimer street, were closed on d chattel mortgage. 8 August Werhle, jeweler, assigned to Otto d Schneider. The Harrison Hannahs, millinery store, Fif n teenth and Welton streets, assigned to Wil d liam F. Sherry. 1. Demange & Co., dealers in gentlemen's fur nishing goods. made an assignment to A E. Demange. e Silas B. Jacobs. gentlemen's furnishing goods on Seventeenth street, near Curtis, assigned F.J. White. The Denver. Lakewood and Golden Railroad e company has been sued by the General Electric company for $5,705.05, and a writ of at is tachment was issued out of the district court 1The Denver failures have affected other d Colorado points. At Aspen the Wheeler KBanking company, the pioneer bank of the city, closed its doors. 1At Loveland, Colo., the bank of s; land closed. Its assets will largely exceed ithe liabilities. S. At Sterling, Colo., the bank of Sterling closed. No schedule filed. t run was made on the First National r bank at Aspen, and the greatest excite of ment prevailed. One thousand people were n in line when the bank closed for the day.

8. July 22, 1893 Wheeling Register Wheeling, WV
Article from Wheeling Register, July 22, 1893

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Confidence Being Restored. DENVER, CoL., July 21.-Confidence in the Denver banks and commercial houses is being restored in the East and at home with nearly the same rapidity that our people attempted its destruction for the first three days of this week. There has been no" suspension of magnitude for two days and no more are expected. The banking houses have determined that they will push no creditor nor serve any attachments upon those who show an honest disposition to ward settling. Times will probably be hard here until Congress meets, and it is predicted that if silver then receives fair treatment it will not take long to place Denver and Colorado far in advance of where they were when this trouble came. A leading New York bank offered assistance to its correspondent here, but the Denver bank was in a position to decline. It is understood that the German and State Nationals have received large sums of money, and will be ready to open their doors again within a very short time. Comptroller Eckels's telegram to Bank Examiner Adams was opportune and did untold good. Mr. Adams is of the opinion that all the closed banks can settle in full and have a balance left. The commercial houses that went down with the banks are in equally good condition. The HallockSayrn-Newton Lumber Company, which assigned Wednesday with assets of $600,000, resumed business to-day. The Flanders Dry Goods Company, which closed for $200,000, will open their doors to-day. Many others will follow shortly.

9. July 22, 1893 The Kimball Graphic Kimball, SD
Article from The Kimball Graphic, July 22, 1893

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WAS A BAD DAY IN DENVER. State National, German National and Peo. ples National Close. DENVER, Colo., July 20.-The following notice was posted on the door of the State National bank Wednesday: "This bank will not be opened for business this morning. Depositors will be paid in full." At the hour of opening for banking business crowds had assembled at the different banks, but there did not appear to be the same excitement among the depositors as exlisted yesterdny. The doors of the German National bank were not opened for business at 10 o'clock in the morning. A card was placed on the door which read: "Closed by order of the directors." The People's National bank sue cumbed to the inevitable at 11 o'clock. Inability to secure funds to meet the demands of depositors was the cause of the failure. The liabilities are placed at $310,000 and the assets at $1,100,000. Thesrun on the First National bank has about exhausted itself and the in. stitution remains firm. The banks which closed Tuesday are still closed today, including the Capital and the North Denver banks, two private concerns. The Union National is in charge of Frank Adams, the bank examiner. President Woodbury is hopeful of resaming business in a few President Riethdays. man, of the German National, is greatly disappointed at the failure of aid to arrive. He says that while the assets of the bank are greatly in excess of the liabilities it was necessarily compelled to suspend business for lack of available funds to supply depositors. The Tucker Men's Furnishing company, at Sixteenth and Arapahoe streets, made an assignment. Liabilities $8,000, mostly in the east. Assets not given.

10. July 27, 1893 The Austin Weekly Statesman Austin, TX
Article from The Austin Weekly Statesman, July 27, 1893

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FINANCIAL DISTURBANC BAD STATE OF AFFAIRS AFFECTI ALL PARTS OF COLORADO. Thirty Thousand Men Thrown Out of ployment by Shutting Down of Mines Smelters and Dependent Institutions. Numerous Business Failures. DENVER, July 20.-There will parently be no more bank failures Denver. The panic wore itself yesterday with the failure of Peoples, German and State Nation banks. This morning when the Colorado, Denver City and Americ National banks opened their there were hardly a dozen deposite in all of them at the paying celle windows. In the First and Colora National banks long strings of itors reaching nearly to the street lined up in front of the receivi 0 window and money was back into the bank vault almost rapidly as it was withdrawn the past three days. The Germa State and Peoples Nationals could three for one if they could realize securities. There may be a few commerc failures in the city within the next days as a result of the suspension bauks. but it is believed that in no stance, whether banking or cial houses. will the failure be plete and resumption of busin SS surely follow shortly. It is stated day that the McNamara dry house which failed Monday for 000 have settled with their princi Monday. creditors and will resume busin UNEMPLOYED LABOR DENVER, Colo., July 20,-The

11. August 9, 1893 Barbour County Index Medicine Lodge, KS
Article from Barbour County Index, August 9, 1893

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POINTS FOR THE PEOPLE. -Sects and creeds cut no figure in the battle for human rights. One Father McGlynn is worth more to humanity's cause than a regiment of Henry Ward Beechers. -Which would you prefer to have, a clearing house certificate or a green back issued by the government? Yet the latter has been branded by the national bankers as fiat money-Tacoma Sun. -If silver has no claim as a money metal because it is a product of the earth, gold loses its claim on the same ground. All the people ask is that the two metals shall be treated alike by our government.-Journal of Agriculture. -England had rather rule this country financially and commercially, by manipulating our legislation, than to conquer it by the arts of war. It serves her purpose as well, and is more healthful and less expensive.-Journal of Agriculture. -The present panic was deliberately planned and executed to bluff congress into the demonetization of silver, the purpose being to enhance the value of the securities held by the panic makers, by making them payable in gold val ues.-Journal of Agriculture. -Franklin was without doubt the all round wisest man this continenti ever produced, and he declared at that early day in favor of paper money, pure legal tenders, after a trial of the principle in the colony of Pennsylvanie from 1722 to 1762-National Watch man. 'Whatever a government agrees to receive in payment of the public dues, as a medium of circulation, is money, no matter what its form may be; treasury notes, drafts, etc. Such bills or paper, issued under authority of the United States, are money. ."-Henry Clay in the Senate, 1887. -The populist cause is sure to triumph. There is a moral wave sweeping over the country and by that wave one or both of the old parties will be lashed to pieces. The new issues are coming to the front and they will never down till they are settled and settled right.-Alliance Independent -In 1892 the production of silver was 58,000,000 ounces, of which the government bought 54,129,727 ounces, putting into circulation therefor $47,394,291 in treasury notes. Free coinage of the American product would have put into circulation $19,595,609 more money, after deducting silver used in the arts. This is $88,974,927 less than the gold lost by export during the year. -When we get a postal note or P. O. money order we know to an absolute certainty that it is as good as the cash itself, but when .we get a bank draft we look to see what bank drew the draft and upon what bank it was drawn and then look at the list of fallures. The Nebraska people's party boys were right when they took the lead for government banks.-Missouri World. -Since January 1 nearly two hun dred national banks have closed their doors, against less than fifty during the same period last year. Of the fall. ures this year five have been United States depositories, as follows: The First national bank, of Little Rook, Ark.: the Gate City national bank, of Atlanta, Ga.; the People's national bank, of Denver, Col.: the German national bank, of Denver, Col., and the Kentucky national bank, of Louisville. -Chicago has a new illustrated weekly devoted to the free coinage of silver. Its energies had better be expended in explaining the money function and the uselessness and waste of all the labor in digging and dying for some yellow and white minerals. The same labor expended in creating food, clothing, shelter, instruction and amusement would happify untold millions. The people can create all the money they want and print it on paper that didn't have to be mined at such lbor.-Coming Nation. -The industrial millions demand justice. Through special privileges and class legislation they have been defrauded. Throughallowing politicians and interested newspapers to do their thinking, they have permitted themselves to be well nigh enslaved. Their hope now lies in independent thinking. and in political unity of action. The first thing to be done is to abolish all class legislation, and to demand the government ownership of natural "monopolies,' as well as an expansion of the volume of currency, which will tend to relieve congested business conditions, and enable the slaves of the gold barons at least to live after paying their interest.-B. O. Flower. d -Superintendent-"You want a job driving one of our street sprinklers, eh? Ever had any experience?" Applicant-"No, but-" 'But what?" "Everybody tells me I'm so blind I can't see a street crossing ten feet away and-" "That'll do. Come 'round in the morning and take out the biggest sprinkler we own." - Buffalo Courier -Five-year-old Frances had been spending an afternoon with a little friend. When she returned home she found another little friend there who hadcometovisither "Etheldoesn'tlove you," said Frances to the second little to one the calling girl, referring upon. 'Why the not?" she asked had been visitor, somewhat surprised. "Tause she doesn't know you,' explained

12. August 17, 1893 The Helena Independent Helena, MT
Article from The Helena Independent, August 17, 1893

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TELEGRAPHIC BREVITIES. SAN FRANCISCO. Aug. 16.-She:iff MoDade was to day appointed receiver of the wrecked Pacific bank. BOSTON, Aug. 16.-The Chicago. Burlington & Quincy to-day declared a dividend of 11/2 per cent, payable Sept. 15. STOCKTON. Cal.. Aug. 16. - The copper mines ns Copperopolis have alos d down, th owing 300 men out of employment. WASHINGTON. Aug. 16.-Efforts are being made by the stockholders to have the German National bank of Denver resume. LONDON, Aug. 16.-Twenty-fvc thousand pounds in gold were withdrawn from the Bank of England for the United States today. DELAND, Fla.. Aug. 16.-The Volusia county bank closed to-day, owing to inability to realize on paper. Liabilities $136,000, assets $190,000. ST. LOUIS, Aug. 16.-This afternoon at East St. Louis, III., in a jealous quarrel. John Seiten eit shot his wife and himself. Both are finally wounded. RACINE. Wis.. Aug. 16.-The Union National bank closed its doo B this morning. Capital $150,000. total resources $892,000. individual deposite $243,000. PHILADELPHIA. Aug. 16. .-The schooner Betty M. Listy, from Charleston, 8. C.. has one well developed OAMO of yellow fever and two suspicous cases ou board. LONDON, Aug. 16. -The prince of Wales' yachs Britanuia won first priz, in Royal Albert Yachs club race to-day as Smith's Sea. Royal Phelps Carroll's Navihoo 500ond. TROY, N. Y., Aug. 16.-The shoriff this afternoon took possession of the works al Green Island of the Gilbert Car Manufaoturing company on five judgments aggreRating $150,000.

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 Herald Los Angeles, CA
Article from The Herald, August 30, 1893

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Colorado Banks Resuming. DENVER, Aug. 29.-The German National 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 31, 1893 Richmond Dispatch Richmond, VA
Article from Richmond Dispatch, August 31, 1893

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BETTER TIMES COMING. Banks Deposits Increase and Mills to resume Oyerations. (By Telegraph to The Dispatch.) KANSAS CITY, Aug. -Business men and bankers are unanimous in their opinion that the low point in the present financial depression has been reached by Kansas City, and that the upward movement has begun. Bank presidents estimate that the banks have gained $2,000,000 in deposits since the run in July. DENVER, Aug. 30.-The State National Bank will probably open its doors today, having had the permission of the controller for several days. The Commercial, the only remaining national bank which closed during the recent flurry, will probably open before the end of the week. The German National resumed yesterday. The Union Bank at Greeley, Col., also opened for business yesterday. ST. PAUL, Minn., Aug. 30.-The Walter A. Wood Harvester Works will start up in a few days. Work will be provided for between 1,500 and 2,000 men. ST. LOUIS Mo., Aug. 30.-The St. Louis Stamping Company resumed operations yesterday, after an idleness of several weeks. Mr. W. F. Neidringhaus, the proprietor, has agreed to sign the amalgamated scale. Tomorrow 2,000 men will be at work. The importance of the resumption will be understood when it is known that 10,000 persons will be directly or indirectly affected by it. LEAVENWORTH, Kan., Aug. 30.- At a general mass meeting of the striking coal miners held yesterday it was decided by an almost unanimous vote to declare the struggle at an end and return to work at the old scale. It is expected that all the mines will soon be in full operation.

16. June 7, 1894 San Antonio Daily Light San Antonio, TX
Article from San Antonio Daily Light, June 7, 1894

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German National Bank Busted. DENVER, Colo., June 7.-The German National bank did not open its doors today. Cashier Kunzemiller says the institution is compelled to go out of business. It is one of the oldest banks in the city. At one time the bank's stock sold for $335 a share. The bank was closed during the panic last summer, but subsequently reapened on an agreement with the stockholders.

17. June 8, 1894 The Salt Lake Herald Salt Lake City, UT
Article from The Salt Lake Herald, June 8, 1894

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Denver, June 7.-The German National bank, one of the oldest in the city, did not open its doors today and is going out of business. It was one of the banks compelled to close during the panic of last July. When it reopened the depositors accepted extension certificates. The first of these, due last March, were paid. The second, due June 1. were paid as presented until last night, when the funds of the bank were exhausted and the directors decided to close the doors permanently. National Bank Examiner Lazear was notified and took charge of the books today. The closing of the bank means liquidation as far as possible. It is impossible to ascertain. whether the depositors will be paid in full or not. The capital of the bank is $500,000; surplus $50,000. In December the bank's deposits were $1,033,000; cash resources $335,000; total resources $1,882,000. According to the last statement May 4, the deposits were $853,626; cash resources $181,958; total resources $1,777,432. Cashier Clinton recently left the bank to accept the vicepresidency of the American National. Since then deposits have fallen off steadiiy, SO President J. J. Rathman, who is himself wealthy, decided to go out of business. The bank was organized in 1873 as a private banking institution by J. J. Rathman, and in 1877 It became a national bank. It prospered until the panic last summer, when a run occurred, and it had steadily lost ground since. Mr. Rathman was president of the bank until 1889, when he retired to give place to George T. Rich. Recently Mr. Rathman was again elected president. County Treasurer Wygant had about $20,000 public monies on deposit. He says that it has a bond by all the directors and that he and the county are amply indemnified. The directors of the bank are: J. J. Rathman, J. J. Rathman, jr., Charles M. Clinton, N. Wagner and John Good.

18. June 16, 1895 The Salt Lake Herald Salt Lake City, UT
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IN THE DISTRICT COURT IN AND for the Third Judicial District of Utah Territory, County of Salt Lake. George C. Adams, plaintiff, vs. Simon Goldman, Fred Boehmer, Maria J. Boehmer, J. W. Heinssen, Florence M. Heinssen, Isaac Ware, Laura E. Dieter, Albert F. Dieter, Charles D. Savery, as administrator of the estate of Maurice Wolf, deceased; N. T. Johnson, Louisa Johnson, Alfred E. Rinehart, Dora E. Rinehart, Charles M. Clinton, Missouri, Kansas & Texas Trust Company, The German National Bank of Denver, German National Bank of Den- ver, and Zeph T. Hill as receiver of The German National Bank of Denver, and German National Bank of Denver, defendants. Summons. The People of the Territory of Utah, send greeting: To Simon Gold- man, Fred Boehmer, Maria J. Boeh- mer, J. W. Heinssen, Florence M. Heins- sen, Isaac Ware, Laura E. Dieter, Albert F. Dieter, Charles D. Savery, as admin- istrator of the estate of Maurice Wolf, deceased; N. T. Johnson, Louisa Johnson,

19. June 19, 1895 The Salt Lake Herald Salt Lake City, UT
Article from The Salt Lake Herald, June 19, 1895

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LEGAL NOTICE. IN THE DISTRICT COURT IN AND for the Third Judicial District of Utah Territory, County of Salt Lake. George C. Adams, plaintiff, vs. Simon Goldman, Fred Boehmer, Maria J. Boehmer, J. W. Heinssen, Florence M. Heinssen, Isaac Ware, Laura E. Dieter, Albert F. Dieter, Charles D. Savery, as administrator of the estate of Maurice Wolf, deceased; N. T. Johnson, Louisa Johnson, Alfred E. Rinehart, Dora E. Rinehart, Charles M. Clinton, Missouri, Kansas & Texas Trust Company, The German National Bank of Denver, German National Bank of Den- ver, and Zeph T. Hill as receiver of The German National Bank of Denver, and German National Bank of Denver, defendants. Summons. The People of the Territory of Utah, send greeting: To Simon Gold- man, Fred Boehmer, Maria J. Boeh- mer, J. W. Heinssen, Florence M. Heins- sen, Isaac Ware, Laura E. Dieter, Albert F. Dieter, Charles D. Savery, as admin- istrator of the estate of Maurice Wolf, deceased; N. T. Johnson, Louisa Johnson, Alfred E. Rinehart, Dora E. Rinehart, Charles M. Clinton; Missouri, Kansas & Texas Trust company, The German Na- tional Bank of Denver, German National Bank of Denver, and Zeph T. Hill. as re-

20. June 22, 1895 The Salt Lake Herald Salt Lake City, UT
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IN THE DISTRICT COURT IN AND for the Third Judicial District of Utah Territory, County of Salt Lake. George C. Adams, plaintiff, vs. Simon Goldman, Fred Boehmer. Maria J. Boehmer, J. W. Heinssen, Florence M. Heinssen, Isaac Ware, Laura E. Dieter, Albert F. Dieter, Charles D. Savery, as administrator of the estate of Maurice Wolf, deceased; N. T. Johnson, Louisa Johnson, Alfred E. Rinehart, Dora E. Rinehart, Charles M. Clinton, Missouri, Kansas & Texas Trust Company, The German National Bank of Denver, German National Bank of Denver, and Zeph T. Hill as receiver of The German National Bank of Denver, and German National Bank of Denver, defendants. Summons. The People of the Territory of Utah, send greeting: To Simon Goldman, Fred Boehmer, Maria J. Boeh

21. June 24, 1895 The Salt Lake Herald Salt Lake City, UT
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IN THE DISTRICT COURT IN AND for the Third Judicial District of Utah Territory, County of Salt Lake. George C. Adams, plaintiff, vs. Simon Goldman, Fred Boehmer, Maria J. Boehmer, J. W. Heinssen, Florence M. Heinssen, Isaac Ware, Laura E. Dieter, Albert F. Dieter, Charles D. Savery, as administrator of the estate of Maurice Wolf, deceased; N. T. Johnson, Louisa Johnson, Alfred E. Rinehart, Dora E. Rinehart, Charles M. Clinton, Missouri, Kansas & Texas Trust Company, The German National Bank of Denver, German National Bank of Denver, and Zeph T. Hill as receiver of The German National Bank of Denver, and German National Bank of Denver, defendants. Summons. The People of the Territory of Utah, send greeting: To Simon Gold-

22. July 4, 1895 The Salt Lake Herald Salt Lake City, UT
Article from The Salt Lake Herald, July 4, 1895

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# IN THE DISTRICT COURT IN AND for the Third Judicial District of Utah Territory, County of Salt Lake. George C. Adams, plaintiff, vs. Simon Goldman, Fred Boehmer, Maria J. Boehmer, J. W. Heinssen, Florence M. Heinssen, Isaac Ware, Laura E. Dieter, Albert F. Dieter, Charles D. Savery, as administrator of the estate of Maurice Wolf, deceased; N. T. Johnson, Louisa Johnson, Alfred E. Rinehart, Dora E. Rinehart, Charles M. Clinton, Missouri. Kansas & Texas Trust Company, The German National Bank of Denver, German National Bank of Denver, and Zeph T. Hill as receiver of The German National Bank of Denver, and German National Bank of Denver, defendants. Summons. The People of the Territory of Utah send greeting: To Simo Goldman, Fred Boehmer, Maria J. Boehmer, J. W. Heinssen, Florence M. Heinssen, Isaac Ware, Laura E. Dieter, Albert F. Dieter, Charles D. Savery, as administrator of the estate of Maurice Wolf, deceased; N. T. Johnson, Louisa Johnson, Alfred E. Rinehart Dora E. Rinehart, Charles M. Clinton; Missouri, Kansas & Texas Trust company, The German National Bank of Denver, German National Bank of Denver, and Zeph T. Hill, as receiver of The German National Bank of Denver, and Gerran National Bank of Denver, defendants. You are hereby required to appear in an action brought against you by the above named plaintiff in the District Court of the Third Judicial District of the Territory of Utah, and to answer the complaint filed therein within ten days (exclusive of the day of service) after the service on you of this summons-if served within this county; or, if served out of this county, but in this district, within twenty days; otherwise within forty days-or judgment by default will be taken against you, according to the prayer of said complaint. The said action is brought to have a decree of this Court for the foreclosure of a certain mortgage executed by defendants Goldman, Boehmer, Heinssen, Ware, Laura E. Dieter, Wolf and Johnson, August 1, 1891, upon premises hereinafter described, given to secure the payment of twelve certain promissory notes of even date therewith, each for $1,000 with interest from date at 10 per cent. per annum, executed by defendants Simon Goldman, Fred Boehmer, J. W. Heinssen, Isaac Ware, Laura E. Dieter, N. T. Johnson, and said Maurice Wolf, to one Charles J. Hubbard, same being due and wholly unpaid save interest to August 1, 1894; to have said premises sold, and proceeds applied in payment of amount found due on said notes, with interest, attorneys' fees, amounts paid out for taxes, with interest -and costs; that plaintiff have a deficiency judgment against makers of said notes, and judgment against defendant,