11343. 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 1, 1893*
Location: Great Falls, Montana (47.500, -111.301)

Metadata

Model: gpt-5-mini
Short Digest: c5fd42d8

Response Measures

Accommodated withdrawals, Full suspension

Receivership Details

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

Description

Multiple articles report heavy withdrawals over weeks that forced the First National Bank of Great Falls to close (suspend) on July 28, 1893 (cited as triggered by suspension of Helena banks). A receiver was appointed and the bank later reopened in March 1894 after arrangements (time certificates) to satisfy depositors.

Events (7)

1. July 1, 1886 Chartered

Source: historical_nic

2. July 1, 1893* Run

Cause: Local Banks
Cause Details: Heavy withdrawals and panic in Great Falls precipitated by suspensions of other Montana banks (notably Helena bank suspensions) and general stringency; continual drain of deposits over weeks
Measures: Paid out large sums in cash (over $300,000) attempting to meet withdrawals; public appeals and merchant acceptance of certificates to stem withdrawals
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
Source: newspapers

3. July 28, 1893 Suspension

Cause: Local Banks
Cause Details: Suspended due to heavy run and contagion from the suspension of banks in Helena and general money stringency (inability to realize on loans and continual drain of deposits).
Newspaper Excerpt: The First National Bank of this city suspended this morning on account of the Helena bank suspension. Assets are much above liabilities, and it is believed it will soon resume.
Source: newspapers

4. July 29, 1893 Receivership

Newspaper Excerpt: Comptroller Eckels ... Examiner Weirick of the failed First National Bank of Great Falls, Mont.; Comptroller ... appointed receivers of insolvent national banks ... Louis F. Phelps, receiver of the Merchants' National Bank of Great Falls, Mont ... Gold S. Curtis has been appointed receiver of the First National bank of Great Falls, Mont The Decatur ... (reports in late July/early Aug.)
Source: newspapers

5. August 5, 1893 Receivership

Source: historical_nic

6. March 25, 1894 Reopening

Newspaper Excerpt: The First National Bank, which closed its doors during the panic, will open for business again on Monday morning next.
Source: newspapers

7. March 26, 1894 Restored To Solvency

Source: historical_nic

Newspaper Articles (22)

1. March 26, 1892 The Hood River Glacier Hood River, OR

Article from The Hood River Glacier, March 26, 1892

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PACIFIC COAST. Mining Excitement in California. FORGED ORDERS DISCOVERED. An Escaped Convict From San Quentin Caught After Being Free for Several Years. A cavalry troop is to be organized at Portland. Governor Colcord has appointed April 1 as the arbor day for Nevada. The Dayton mine at Silver City, Nev., is being worked under a lease. At Boise, Idaho, one Rumpel is suing the Union Pacific for $20,000 for the loss of a leg at Nampa. San Diego, it is said, is to be made the distributing point of the St. Paul and Tacoma Lumber Company. The British government refuses to recognize the claim of Captain McLean, seized by the Russians in the Behring to the of Sea, protection the British flag. Tobias H. Seeling, a prominent resident of A. Phoenix, T., killed himself, to financial losses and involvein the funds owing ments expenditure of the of the Knights of Pythias lodge. At Victoria, B. C., the eagles have been set free from the park, the wolves and the deer will be owto the refusal of the apshot, ing Council liberated, to propriate funds for their support. Bradstreet's mercantile agency reports fourteen failures in the Pacific Coast States and Territories for the past week, week against twenty-three the week previous of 1891. and twenty the same The report that the First National Bank of Great Falls, Mont., is in the receiver a reward been name of the who of on hands A person number of has a bank forged originated offered orders for is the the false, report. various and departments at Sacramento for salaries are in existence, amounting altogether to $1,700. The forgeries were discovered on of the over presentation several to City Auditor. The suit of Mrs. A. J. Fiske against Travelers' Insurance Company for on the life of her $10,000 the husband, Fiske, J.D. Fiske, is on trial at Fresno. it will be was shot remembered, and killed by John Stillman. The grip has again reached the Indians in Alaska, and the fatalities are severe to a very according recent arrival at Victoria, B. C., from Alaska. The Indians around Juneau, Wrangel and Chilcat, says this authority, are in a state of terror, and at all the camps and villages holes have been dug, into which the dead Indians are unceremoniously thrown. At Oreana, Owyhee county, Idaho, Deputy Constable Fleming shot and instantly killed Samuel J. Pritchard, a Deputy United States Marshal. Fleming had a warrant for Pritchard's arrest on a charge, simple assault "hold and his hands" because the latter would not up at the command of Fieming he was shot. There is much excitement over the affair. Pritchard was unarmed. John McAdoo has been arrested at Stockton and identified as an escape from San Quentin in 1885. He had lived one day an in was Stockton caught several stealing, years, and but investigahome showed he had long carried on a tion of his system of thefts. He originally was sent from San Francisco to for ten on a asprison years charge of sault with intent to murder.

2. 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

3. July 28, 1893 Alexandria Gazette Alexandria, VA

Article from Alexandria Gazette, July 28, 1893

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FROM WASHINGTON. [Correspondence of the Alexandria Gazette. WASHINGTON, D. C., July 28. The large orders given by New Yorl financial houses for gold abroad to b imported into this country, are regard ed at the Treasury Department as a fa vorable symptom of returning confi dence. Much of the gold now coming here is the same gold that was export ed several months ago. The heavy shipment of American cereals abroad within the past two months has mate rially reduced the balance of trad against the United States. Gold it considerable quantities is also coming here from the West Indies. This Span ish gold finds its way to the assay offic and is melted up into bars and this and the European gold soon find lodgmen in the United States Treasury. It i the policy of Secretary Carlisle to us the gold on hand the same as he doe currency, in meeting the obligations o the Treasury. So far several month past the gold reserve has been treated as available cash. In the Criminal Court here, before Judge Cole, Col. Frederick C. Ains worth, in charge of the Record and Pension Office of the War Department George W. Dant, contractor, Willian E. Covert, superintendent, and Franci Sasse, engineer, where this morning arraigned upon the indictment recent ly returned by the grand jury holding them responsible for the recent disaste at Ford's old theatre. The defendant pleaded not guilty, with the stipulation that they might on or before the 15tl of September next withdraw that plea and enter any other they might see fit It is understood that the defendant under this stipulation will, when th case is again called, either demur t the indictment or move to quash it District Attorney Birney gave notic that the several cases would be calle for trial at the beginning of term it October next. Secretary Carlisle has replied to th request of the Kentucky distillers fo an extension of ninety days in which to pay their internal revenue taxe upon th ir whisky which has bee held three years in bond, that the lay is imperative and leaves him no dis cretion in the premises. So these dis tillers when the three years are up which will be this month, will have t pay the tax of ninety cents a gallon o subject themselves and their stocks o whisky to the penalties prescribed b) law. An effort will be made to have th single scull rowing match for th world's championship take place a River View, a resort on the Potoma just below Alexandria. Yesterda Jake Gaudaur, ho defeated Hanlon las year, challenged Stansbury, the cham pion of the world, to row him for $2,500 and to day Grant Parish, a well-know sporting man of this city, telegraphe G ondaur offering him and Stansbur $500 for expenses if he would agree t row at River View. Mr. Parish say he thinks Gaudaur will accept becaus he prefers a river course to a lak course. Statements from the Indian Territor that the nine condemned Choctaws ar to be executed August 4th, come in di rect conflict with a telegram receive by the Acting Secretary of the Interio to the fact that the Indians referred t will not be executed on the day name or on any other day. Secretary Carlisle has sappointed Joh B. Baird, of Savannah, Ga., clerk to th superintendent of construction of th Washington, D. C., new postoffic building. Mr. Baird was formally chie of the dead letter office, Postoflice De partment. The amount of silver offered for sal to the Treasury Department to-day ag gregate 250,000, at prices ranging from $0.7050 to $0.7060 per ounce, all ( which was declined, and $0.7030 tend ered. The First National Bank of Grea Falls, Montana, which suspended thi morning, has a capital of $250,000. Th bank carries a line of individual depos its from $650,000 to $700,000. The total number of fourth-class post masters appointed to-day was 161, 750 whom will fill the places of remove republicans. The changes in Virgini were as follows: Bryant, Nelson cour ty, J. T. Harvey appointed postmaste: vice Nannie L. Higginbothan, removed Columbia, Fluvanna county, J. A Shepherd, vice Joseph Payne, removed Fannie, Tazewell county, C.F. Faulk ner, vice C. A. Deaton, resigned For Mitchell, Lunenburg county, V. I Fore, vice H. D. Hamner, removed Guiney's, Caroline county, J. W. Jones vice Mary Dunn, removed; Kelly Tazewell county, J. H. Whitley, vic E. L. Hall, removed Rectortown, Fat quier county, C. H. Walker, vice J. W Pearson, removed; Rose Mills, Nelso county, J. H. Quinn, vice C. C. Wad dill, removed; Saluda, Middlesex cour ty, H. L. Smither, vice L. S. Bristow removed; Sandy Bottom, Middlese gountt Vespasain Vanghan vice H

4. July 28, 1893 Evening Star Washington, DC

Article from Evening Star, July 28, 1893

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WESTERN BANKS CLOSE. Payments Suspended in a Number of Institutions. ELLENSBURG, Wash., July 28. - The Ellensburg National Bank suspended payment yesterday. No statement. George B. Markle, president of the two banks which failed in Portland yesterday, is also president of the Ellensburg bank. CHICAGO, July 28.-A special 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. There is $100,000 in its vaults and deposited by it in the Indianapolis banks. The cause of the action, it is said, is the division of the estate. SPARTA, Wis., July 8.-Two banks closed their doors here yesterday-the M. A. Thayer Bank and the Bank of Sparta. The cashiers of both institutions claim the action was taken to protect depositors and that the banks will resume. The liabilities of the M. A. Thayer Bank are placed at about $175,000. and the assets at $225,000, while the liabilities of the Bank of Sparta are said to be $210,000, with assets of $500.000. MOUNT STERLING, Ky., July -Last evening the officers of the Traders' Deposit Bank decided 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 at an early day. GREAT FALLS, Mont., July 28.-The First National Bank of this city suspended this morning on account of the Helena bank suspension. Assets are much above liabilities, and it is believed it will soon resume.

5. July 29, 1893 The Helena Independent Helena, MT

Article from The Helena Independent, July 29, 1893

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TWO TO ONE, The Proportion of Assets to Liabilities of the Bank. Special to The Independent. GREAT FALLS, July 28.-The First National bank fareed to o; on its doors this morning. Notice was posted on the main entrance that. owing to the continual drain of deposits, inability to realize on loans, and the general stringency in the money market, the bank was compelled to suspend temporarily. President Scott says the assets exceed liabilities two to one, and that every depositor will be paid 100 cents on the dollar. The suspension created very little excitementand will not, it is thought affect any of the other banks. L. G. Phelps has been appointed receiver for the Merchants National bank. The Great Falls Iron works made a voluntary assignment this afternoon to Frank Brown. A statement of the concern's assets and liabilities cannot'be secured.

6. 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.

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 Weekly Union Times Union, SC

Article from The Weekly Union Times, August 4, 1893

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THE FINANCIAL CRISIS. Banks Continue to Suspend In the West. The South Seems to be as. Solid as the North. A special from Martinsville, Ind, says: S. M. Mitchell's Bank, establi. hed here thirty years ago. backed by $500, 000, went into voluntary liquidation yesterday. There is $100,000 in its values and deposited by it in Indian apolis banks. The cause of the action, it is said, is the division of an estate. A FAR-AWAY WESTERN BANK. ELLENSBURG, WASH.-The Elleosburg National Banksuspended payment Thursday. BANKS IN WISCONSIN. SPARTA, Wis.-Two backs closed their doors here-the M. A. Thayer Bank and tbe Bank of Sparta. CHIPPEWA FALLS, WIS.-G. W. Seymour's private bank closed it doors. There are runs on all the other banks in town. PORTLAND, ORE.-The Uuion Bask ing Company has suspended. GREAT FALLS, MONT. - The First Na. tional Bank of this city suspended pay ment. ANOTHER KENTUCKY BANK. MOUNT STERLING, KY. - The officers of the Traders' Deposit Bank decided to suspend payment, owing to a heavy run on the bank caused by the suspension of the Farmers' Bank. BIDDEFORD, Mr.-The York Mills at Baco shut down Saturday for two weeks, owing to overp.oduction.

9. 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

10. 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.

11. 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.

12. August 6, 1893 The Seattle Post-Intelligencer Seattle, WA

Article from The Seattle Post-Intelligencer, August 6, 1893

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CONDENSED DISPATCHES. The New Bedford Safe Deposit and Trust Company. of New Bedford, Mara, has failed. Nellie Grant Sartoria and children have returned from England to reside in New York city. 1. F. Michener of Indiana. has denied the story that he is organizing a boom for Harrison. Comptroller Eckels has appointed Gold 8. Curtis receiver of the First National bank of Great Falls, Mont The Decatur County Banking Association, with branches at Leon, Davis City and Garden Grove, Is., has assigned. There are only three days more left of our free excursions on Lake Washington on steamer Kirkland, leaving Madison street whar: hourly. Hyams, Pauson & Co. Conshite. music and new songs at Medison

13. 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.

14. 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.

15. August 21, 1893 The Anaconda Standard Anaconda, MT

Article from The Anaconda Standard, August 21, 1893

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GREAT FALLS HAS GRIT. It Took Its Share of Body Blows But it stands All Right. Special Correspondence of the Standard GREAT FALLS, Aug. 19.-The condition of affairs in Great Falls has been put so constantly before the people of the state in the daily press that little can be added which would place the situation in a clearer light before the readers of the STANDARD. The conditions are essentially a reflex of those prevailing throughout the state. Activity has ceased in mercantile circles in all lines, there is complete stagnation in real estate circles, and industrial operations have ceased except in the realm of copper reduction. The black side of the picture in Great Falls this: To a degree. its banking business became involved. its eastern relations with invested eastern capital became unavoidable strained. The closing of the mines at Neihart and Barker was followed by the shutting down of the United Silver smelter as a logical result: the reduction of service on the Great Northern and its branches has afected unfavorably coal mining at Sand Coulee and other points: the low market for wheat has discouraged operations in grist milling: the same depressed market has had a dampening effect upon the new brewing enterprise lately establishd: absence of sufficient rainfall seriously threatens bench land crops, and the yield of hay will be light. The redue tions made by the Great Northern in its local forces in the shops as well as in the operating department, have been felt here as else. : where, and the suspension of proposed public works and private building gluts. for the time being. the labor market. A general reduction of rents has been demanded by tenants, a step which will no doubt be taken at other points in the state. I On the other hand, Great Falls has am$ ple reason to feel encouraged. The fact has been repeated to the outside world so often as to have become trite, yet the I truth is that this city has been built up to P its present attractive proportions as the ) result of as good pluck and well-directed f energy as was ever evinced while the nat tural resources of the place for power apr plied to manufacturing are not matched in the West. The natural richness of the I vast virgin field. of which this city is the . center, is too great to permit any set of f temporary adverse conditions to interI pose an obstacle in the way of its perma8 nent progress. The belief is that the First National 8 bank will suon be in shape to resume. , Few mercantile failures have occurred. So 8 far as can be learned, crops on irrigated f lands are promising, and the barley which r will be produced will find a strong home 0 market. Farming has made a healthful 1) beginning upon the great bench land 1 areas of Cascade county. and is destined 1 to become one of the leading industries. y

16. 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.

17. 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

18. January 25, 1894 The Coconino Weekly Sun Flagstaff, AZ

Article from The Coconino Weekly Sun, January 25, 1894

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DANIEL BENTON, alias Bill Newby, convicted of presenting a false pension claim, was brought to Springfield, III., from the Chester penitentiary, and after giving $2.500 bond was released, pending the decision of the United States supreme court, which granted a supercedeas in the case. THE board of Kent county, Mich., supervisors has offered a reward of $500 for the arrest of the murderer or murderers of Mrs. Miles McKendrick. RUDOLPH J. PESCHMANN, the confessed murderer of Mrs. Schrums, was arraigned in the municipal court at Milwaukee. He waived preliminary examination and was held for trial without bail. F. D. Wanamaker, claiming to be a nephew of ex-Postmaster-General Wanamaker, and to be in the employ of the government, was arrested at Fostoria, O., charged with disposing of a fraudulent draft to the proprietor of the Empire house at Tiffin, O. He is now in jail awaiting a hearing. THE Royal Furniture & Carpet Co., of St. Paul, Minn., has assigned. A recent statement made by the firm places the assets at $125,000 and the liabilities at $55,000. AT Cheyenne, Wyo., in the United States court, William M. Masi, late postmaster of that city, was acquitted of the charge of embezzlement of postal funds. THE Wyoming supreme court has decided that ditches and water right pass title with the transfer of the land on which they exist. THREE young men were on trial for two days at Carthage, III., on charges of cruelty in killing cats. REV. CHARLES INGHAM, an American Baptist missionary, was trampled to death by an enraged elephant he had shot in the Lower Congo. No more obstacles are to be put in the way of Chinese desiring to establish cotton mills at treaty ports, on condition that they pay royalty of 1 tael per bale. ALBERT BAMBERGER, the murderer of the Kreider family of six persons in North Dakota, was hanged on the scene of his crime. WILS HOWARD was hanged at Lebanon, Mo., for the murder of a deaf mute. Howard had been mixed up in Kentucky feuds and was reputed to have killed many men and been guilty of other crimes. THE Pittsburgh (Pa.) Brass Co. has been placed in a receiver's hands. Assets, $400,000; liabilities, $175,000. THE sheriff killed, a convict fatally wounded, a guard dangerously injured, was the result of a battle with several escaped convicts near Pratt City, Tenn. CLEARING house returns for the week ended January 18 showed an average decrease of 36.8 compared with the corresponding week of last year. In New York the decrease was 46.0; outside, 22.4. NINE men were killed by an avalanche in the Rocky mountains near Fort Steel, B. C. A WELCOME rain was reported in Kansas and Missouri on the 19th. The drought had lasted many weeks. A BIG passenger pool to control all business between the Allegheny and Rocky mountains is the latest rumor in railway circles. It may relate to excursion business only. FORTY negro families in Monroe county, Ark., are preparing to migrate to Liberia. 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.

19. 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

20. 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.

21. March 26, 1894 New-York Tribune New York, NY

Article from New-York Tribune, March 26, 1894

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A MONTANA BANK TO REOPEN. Great Falls, Mont., March 25.-The doors of the First National Bank of this city, which closed during the panic, will open for business Monday morning. The new officers are as follows: President, A. M. Scott; vice-president, J. T. Armington; cash. ier, Gold T. Curtis.

22. 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