1179. First National Bank (Santa Ana, CA)

View Charter #3520 on SPMC

Bank Information

Episode Type: Run → Suspension → Reopening
Bank Type: national
Bank ID: 3520
Charter Number: 3520
Start Date: June 22, 1893
Location: Santa Ana, California (33.736, -117.883)

Metadata

Model: gpt-5-mini
Short Digest: 51589205

Response Measures

Full suspension, Books examined

Other: Bank temporarily closed (did not open) due to heavy withdrawals; later permitted by Comptroller to reopen.

Description

Multiple June 22, 1893 articles report heavy withdrawals and that the First National Bank of Santa Ana did not open their doors (temporary closure due to runs/withdrawals). Comptroller/Controller authorized reopening in late July 1893 (July 21). OCR variants in some articles spell the town as Santa Anna; corrected to Santa Ana.

Events (6)

1. June 15, 1886 Chartered

Source: historical_nic

2. June 22, 1893 Run

Cause: Macro News
Cause Details: Heavy withdrawals driven by the wider financial stringency/panic of June 1893; runs and inability to raise money on securities.
Measures: Bank posted notice on door temporarily closing; directors decided to close doors to protect depositors while collections were made.
Newspaper Excerpt: The First National Bank ... did not open their doors this morning owing to heavy withdrawals of deposits and inability to collect fast enough.
Source: newspapers

3. June 22, 1893 Suspension

Cause: Macro News
Cause Details: Temporary suspension due to the financial stringency and heavy withdrawals; inability to realize on securities/raise cash promptly.
Newspaper Excerpt: Owing to the heavy withdrawal of deposits and our inability to raise money on our securities, the board of directors of this bank have decided to temporarily close the doors.
Source: newspapers

4. July 21, 1893 Reopening

Newspaper Excerpt: The controller of the currency ... has authorized the First National Bank of Santa Ana, Cal., to reopen their doors for business. These banks have complied with the requirements of the controller and are reported by the bank examiner to be in satisfactory condition with unimpaired capital.
Source: newspapers

5. May 1, 1936 Voluntary Liquidation

Source: historical_nic

6. May 1, 1936 Voluntary Liquidation

Source: historical_nic

Newspaper Articles (24)

1. June 23, 1893 The Wichita Daily Eagle Wichita, KS

Article from The Wichita Daily Eagle, June 23, 1893

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FAILURES. Los ANGELES, Cal., June 22.-The financial atmosphere seemed to be clearing today. The banks have received large consignments of cash from the north, and are prepared to meet all demands. The excitement has subsided considerably, and the runs on the banks were much less violent than yesterday. POMONA, Cal., June 22.-The People's bank has suspended. WASHINGTON, June 22-Extensive shipments of money, telegraphed from New York to San Francisco, were made today by direction of United States Treasurer Morgan. The bank failures of yesterday on the Pacific coast have evidently spurred the banks to increase their supply of ready money to meet any emergency that might arise. NEW York, June 22.-The failure of Henry Segelton & Co., dealers in tea and coffee, is announced. No statement is obtainable. RIDGWAY, Pa., June 22.-The Ridgway bank, a private concern, has suspended. The assets are estimated at $364,000, and the liabilities at $216,000. GREENVILLE, Mich., Jane 22.-The City National bank was closed this morning by order of the bank examiner. CHICAGO, June 22.-Baird & Bradley, the well known real estate firm, have assigned. The assets are placed at $600,000 and the liabilities at $400,000. SANTA ANA, Cal.. June 22.-The First National Bank and the Commercial bank of this place did not open their doors this morning. Both are declared to be solvent and able to pay depositors in time. PHILADELPHIA, June -The board of managers of the Reading railway, at today's meeting, decided to abandon the rehabilitation plan. An official of the company said that a foreclosure of the first mortgage was now inevitable. KEOKUK, Iowa, June 22.-0u application of the United States Trust company of New York, holding a mortgage for $2, 750,000 on the road, the federal court appointed John F. Baruard, ex-president of the Ohio and Mississippi, receiver for the Omaba and St. Louis railway. running from Council Bluffs to St. Louis. The road is 145 miles long, and rans from Pat. terson Mo., to Council Bluffs, Iowa. Its general manager is F. M. Gault of Council Bluff. PERU. Ind., June 22.-J. D. Cole, the millionaire brewer of this city, an equal partner in the firm of Crane & Co., the Cincinnati lumber firm which assigned on Wednesday, says that a disagreement with his partner caused the failure. The liabilities are given as $150,000 and the assets as $400,000. Mr. Cole is the princicreditor. Some Huntington (W. Va.) people are affected, however, the creditors in that vicinity being involved to the aggregate amount of $75,000. NEW YORK, June 22-Suit will be brought against the American Banker of this city for publishing under the heading "Closed and Liquidated Banks" the name of the Bank of Commerce of Chicago. The statement caused a run on the bank, which was in good conditian. It will sue for $100,000 damages. SAN FRANCISCO, June 22.-The Bank of Commerce closed its doors this morning. A statement on the door said that the suspension was only temporary, and that the depositors would be paid in full. NASHVILLE, Tenn., June 22.-The well known grain firm of B. Rhea & Son has gone into liquidation. The debts of the firm are about $110,000, which has been secured by the transfer or property of the firm in amounts satisfactory to the creditors. NEW YORK, June 22.DD McD. White of the Consolidated exchange has announced his inability to meet his contracts. BOSTON, June 22 -The contractors and builders Creesy & Noyes, and Benuing C. Noyes & Co., furniture manufactures, have assigned. They are involved as indorsers on the paper of the Little Kanaw. ha Lumber company, of which Creesy was president, and for which a receiver was recently appointed. No statement was made. GREENVILLE, Mich. June 22.-The City National bank suspended this morning and was taken possession of by the bank examiner, The failure is due to a steady run since the first of the month. Inability to negotiate loans embarassed the bank, The deposits are $210,000 and the assets $312,000.

2. June 23, 1893 The Daily Morning Astorian Astoria, OR

Article from The Daily Morning Astorian, June 23, 1893

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BANK FAILURES. The Financial Stringency Causes Various Suspensions. San Francisco, June 22.-At a meeting of the board of directors of the Pacific Bank tonight it was decided not to open the doors tomorrow. The direct cause of the suspension is a notice from the clearing-house association that the bank's paper would not hereafter be accepted. It has been known for some time that the bank was laboring under financial difficulties, and the announcement from the board does not create much surprise. The Pacific Bank was organized in 1863 by R. H. McDonald, and its present manager is R. H. McDonald. It has a paid-up capital stock of $1,000,000. It had a nominalreserve of about $700,000 and deposits of about $1,500,000. The loans are said to be about $2,500,000. The failure seems to be altogether due to the recent monetary troubles, and it is expested that the depositors will lose nothing. It is believed that the closing of the doors of the Pacific Bank will result in the suspension of the Peoples' Home Savings Bank, a collateral institution, and practically under the same management. Santa Ana, Cal., June 22.-The First National bank and the Commercial bank of Santa Ana did not open their doors this morning owing to heavy withdrawals and inability to collect fast enough. Both are solvent and have ample assets. It is understood that both the Orange and Tustin banks have closed for a like reason. It is regarded here as a senseless scare. Pomona, Cal., June 22.-The People's Bank did not open this morning. This notice was posted on the door: "Owing to the existing financial stringency, the board of directors of this bank have decided to temporarily close its doors. Depositors will be paid in full." There is very little excitement. The belief is .general that the bank is perfectly solvent. New Whatcom, June 22.-The First National Bank, the oldest bank in the county, closed its doors today at 12 o'clock. Cashier Atkins states that every depositor will be paid in full. Greenville, Mich., June 22.-The City National Bank has been closed by the bank examiners. No statement has as yet been made. Ridgeway, Pa., June 22.-The Ridgeway Bank has failed. Assets $364,000, liabilities, $216,000.

3. June 23, 1893 The Indianapolis Journal Indianapolis, IN

Article from The Indianapolis Journal, June 23, 1893

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Bank Failures in California. SAN FRANCISCO. June 22.-The Bank of Commerce, of this city, closed its doors this morning. A notice on the door stated that the bank was temporarily closed. Dopositors will be paid in full. The First National Bank and the Commercial Bank of Santa Ana did not open their doors this morning owing to heavy withdrawals of deposits and inability to collect fast enough. Both are declared to be solvent, have ample assets and can in time pay in full. The People's Bank, of Pomona, this morning posted this notice on its door: "Owing to the existing financial stringency the board of directors of this bank have decided to temporarily close its doors. Depositors will be paid in full." At Los Angeles to-day everything was quiet and peaceful in banking circles. There is but a slight run on the LosAngeles National Bank. The line of depositors was greater than that of the withdrawers. It was quiet at all the other banks.

4. June 23, 1893 Morning Journal and Courier New Haven, CT

Article from Morning Journal and Courier, June 23, 1893

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DR. SAMUEL HART ELECTED. He is Chosen Bishop of the Diocese of Vermont at the Special Episcopal Convention-One of the Best Scholars in the Liturgy of the Church. BURLINGTON, Vt, June 22.-In the special Episcopal convention for the election of a bishop of the diocese of Vermont today Rev. Samuel Hart, D. D., of Hartford, Conn, was elected on the fourth ballot. The convention was called to order at 2 o'clock by J. Isham Bliss it was found twenty-seven out of twenty-nine clergymen entitled to vote were present, fortytwo represented two Before parishes lay delegates. being proceeding by eighty an election Dr. Bliss addressed the convention concerning the gravity of the question before it. Rev. E. H. Randall, Poultney, offered the following: When the convention shall proceed to election of a bishop only those entitled to vote shall be allowed seats in the church. Some disapprobation of the action of the convention was expressed. By general consent no nominating speeches were made. Ballots were cast for Revs. W.J. Harris of Rutland, W. B. Walker of Bennington, L. A. Arthur of Detroit, Mich., W. H. Dennison, Roxbury, Pa.; Thomas S. Davenport, Memphis, Tenn.; Dr. J. Carey, Saratoga, N.Y.; Dr. D. C. Roberts, Concord, N. H. McC. Fiske, Providence, R. I;; and Dr. Samuel Hart, Hartford. Dr. Hart received a majority on the fourth ballot, and his election was made unanimous Samuel Hart, D.D. bishop elect of the Vermont, was born in Saybrock, in 1845. His father was a Hart graduated man. diocese Conn., Dr. of from Trinity clergy- at the college in 1866, and after a course Berkeley Divinity school, Middletown, he was ordained by Bishop Williams. He was several years a He is secretary of the ity. for professor house member in of Trin- bishhas been for several years a of convention a part in the the prominent ops, the general and revision has taken of prayer-book. He is recognized as one of the best scholars in the liturgy of the church. BANK DOORS CLOSED. Two Banks in Santa Anna Did Not Open Their Doors-Only One Bank Left in San Diego. SANTA ANNA, Cal., June .-The First National bank and the Commercial bank of Santa Anna did not open their doors this to heavy morning owing withdrawals collect fast of deposits and inability to Both banks are be enough. They declared assets and to solvent. have ample can in time pay in full. NO STATEMENT MADE. GREENVILLE, Mich., June 22.-The City National bank of this city was closed this morning by order of Bank Examiner Caldwell. No statement of the bank's condition has yet been made public. ONLY ONE LEFT. SAN DIEGO, Cal., June 22.-The Bank of Commerce failed to open its doors this morning. The new Merchants' National bank is the only bank left. CAUSED BY FALSE REPORT. BIRMINGHAM, Ala., June 22.-An-unthat the First National refused to pay a bank founded had rumor check for $80, 000 a run on this The bank precipitated morning. paid that institution out ceased. about $40,000 up to noon when the run PEACE MUST BE MAINTAINED. Governor Flower Sends a Caustic Letter to the Sheriff of Erie County. WATERTOWN, N.Y., June 22.-Governor Flower, at his home in this city, received from the telegram to-day Eastern Lumber that of Tonawanda to firms company the lumber doing business the effect in TonaErie on because no can be their wanda, doeks county, cannot land protection lumber the sheriff none from the obtained village from authorities, sufficient unload and vessels to induce their to attempt to now there to and to governor men or arrive, urgently protection appeal the for military 80 that they may be able to transact their business. Immediately upon the receipt of the dispatch Governor Flower sent following to the shoriff of dispatch Erie the county: dealers wire that cannot lumber on the boats they "The as it me arriyes lumber they their of land because Tonawanda, their and have no for men you have to aid them. one and I expect you to plain refused protection Your do duty it. You is have to summon the citizens of Erie to you the power county aid law adjoining and abiding National guard of yours and if necessary. good order be any counties, must maintained Peace at FLOWER." and cost. ROSWELL P. (Signed)

5. June 23, 1893 The Herald Los Angeles, CA

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SANTA ANA. Several Banks Suspended-Local News Happenings. SANTA ANA, June 22.-The money panic which has been playing such sad havoc in this part of the state struck Orange county yesterday. when the Bank of Anaheim closed its doors. This morning no unusual crowds were on the street, and when at 10 o'clock, the time for opening the banks, Wm. Spurgeon, president of the First National bank, appeared and posted a note on the entrance saying the bank had closed, everyone nearly thought the bank officials had acted wisely. The Commercial bank did the same thing, and soon word reached this city that the Bank of Orange had not opened its doors. The Bank of Tustin did business all day and experienced no heavy run. The savings bank of this city is open and requiring the legal notice from depositore, with no unusual number of drawers. The reasons given by the various banks are the heavy withdrawal of money by depositors and the inability to get money in. Assurance is given all that every dollar due depositors will be paid, and of this fact none have any doubt. There is no good reason for any scare in this county, and there was none. The streete of the city have been quiet all day and a general feeling of security is expressed by all. Crops of all kinds being good, with fair prices and an abundance of money, there is no sound cause for the panic now prevailing, and after the storm has cleared away timid depositors will be wondering why they caused such a commotion and will see how groundless were their fears. NOTES. The schooners Monterey, Peerless, Newark and La Kene are at Newport unloading lumber. The Kansas people had a spendid picnic at Newport today. A large number were present. Lottie, the 4-year-old daughter of Mr. and Mrs. J. S. Roberts, died in this city last night. The infant daughter of Mr. and Mrs. J. H. Bennett died this morning of diphtheria. Nothing but banks and banking is the talk on our streets today. Mr. and Mrs. U. P. Jones have gone to Bakersfield for a short visit. The chamber of commerce held a meeting last night, but little of importance being transacted.

6. June 23, 1893 St. Paul Daily Globe Saint Paul, MN

Article from St. Paul Daily Globe, June 23, 1893

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THE FAILURE CROP. A Large Coffee House in New York Suspends. NEW YORK, June 22.-The failure of Henry Sheldon & Co., tea and coffee dealers at 109 Front street, is announced. The firm is one of the best known coffee houses on the street and have done a large business. They are highly rated in the commercial agencies, and the resources are between $200,000 and $300,000. D. McD. White, of the Consolidated Stock Exchange, has announced his inability to meet contracts. BOSTON, June 22.-Creesy & Noyes, contractors and builders, and Benning C. Noyes & Co., furniture manufacturers, have made an assignment. Mr. Creesy is president of the Little Kanawha Lumber company, which lately went into the hands of a receiver, and the assignment of the two above-mentioned firms is due to their being involved as endorsees on the paper of that company. GREENVILLE, Mich., June 22.-The City National bank, of this city, was closed this morning by order of the bank examiner, Caldwell. No statement of the bank's condition has vet been made public. The cause of the suspension was the steady withdrawal of deposits and the stringency of the money market. RIDGEWAY, Pa., June 22. - The Ridgeway bank, a private institution, has suspended. A gentleman who was in close consultation with the officials of the bank during the night estimates the assets at $364,000, and the liabilities $216,000. This bank has had the confidence of the working people, many of whom have all their means in the bank's care. SANTA ANA, Cal., June 22.-The First National bank and the Commercial Bank of Santa Ana did not open their doors this morning, owing to heavy withdrawis of deposits and inability to collect fast enough. Both are declared to be solvent, have ample assets and can in time pay in full. POMONA, Cal., June 22. -The People's bank did not open this morning. This notice was on the door: "Owing to the existing financial stringency, the board of directors of this bank have decided to temporarily close its doors. Depositors will be paid in full." Los ANGELES, Cal., June 22.-A careful review of the banking situation indicates that the financial atmosphere is clearing. The arrival of a large amount of coin from the North, aggregating $250,000, and the announcement that $500,000 more would arrive today had a reassuring effect. The Farmers and Merchants' bank received $500,000 additional this morning, and opened its doors with over a million of coins in its vaults, more than enough to meet all demands. It is estimated that about $8,000,000 has been withdrawn from the banks during the

7. June 24, 1893 The Indianapolis Journal Indianapolis, IN

Article from The Indianapolis Journal, June 24, 1893

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Other Bank Suspensions. WASHINGTON, NJune 23.-Controller Eckels has been officially informed of the fallure, yesterday, of the following national banks: The First National Bank of Kendallville, Ind.; the First National Bank of Santa Ana. Cal.; the First National Bank of Whatcom, Wash. He has ordered Bank Examiner Cleary to take charge of the Whatcomb Bank, and Bank Examiner Packard to take charge of the Kendallville bank temporarily. He has appointed Robert Wingate receiver of the Merchants' National Bank of Tacoma, Wash. NIAGARA FALLS, N. Y., June 23.-The Cataract Bank, of this city. the largest bank in Niagara county. closed its doors at noon. Its deposits amount to over $700,000. Cashier Rankin says the assets are far in excess of liabilities. The bank people claim to have plenty of securities, but when they tried to get them rediscounted atother banks they were refused. President Porter is confident-that the bank will resume. He does not think a receiver will be necessary. NEW WHATCOM. Wash., June 23.-The First National Bank has closed its doors. The cashier states that depositors will be paid in full.

8. June 24, 1893 The Portland Daily Press Portland, ME

Article from The Portland Daily Press, June 24, 1893

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THE DAILY LIST. Banks and Business Houses Forced to Suspend-New York Troubles. NEW YORK, June 23.-Sheridan and Byrne, builders, are financially embarrassed. Their liabilities exceed $225,000. Abraham Steers, one of the largest lumber merchants and planing mill men in the city is temporarily embarrassed. being unable to get further accommodations. His creditors today granted an extension. His liabilities are $380,000, assets $475,000. Its Doors Still Closed. SAN FRANCISCO, June 23.-The Pacific National bank did not reopen its doors today. The deposits amount to about $1,500,000. Its loans and discounts are said to be $2,500,000. The embarrassment appears to be entirely due to the recent monetary troubles, and it is expected the depositors will lose nothing. The officers of the bank say they will resume in a short time. It may be that the closing down of the Pacific bank will result in the suspension of the People's Home Savings bank, a collateral institution, under practically the same management. Its total deposits are about $1,700,000. There is no apprehension as to runs on other banks. Cataract Bank Fails. NIAGARA FALLS, June 23.-The Cataract bank of this city the largest bank in Niagara county, closed its doors at noon. There is great excitement among the business men in consequence as over $700,000 of their money was on deposit there. Resources More Than the Liabilities. SAN FRANCISCO, Cal., June 23.-The People's Home Savings bank closed its doors this morning. It affiliated with the Pacific bank which closed its doors yesterday. The resources are said to exceed the liabilities. Depositors Forced the Suspension. MINNEAPOLIS, Minn., June 23.-The state bank of this city suspended payment this morning. Assurance is given that it will resume in a few days. The bank has a paid up capital of $75,000. Steady withdrawals by depositors were the cause of the action. A Week's Disasters. NEW YORK, June 23.-Bradstreet's reports 360 failures in the United States this week, against 159 for the week a year ago. Stood the Run for Five Days. SAN BERNARDO, Cal., June 23.-The First National Bank closed its doors today, after undergoing a run for the past five days. ) Banks Reported as Failed. WASHINGTON, June 23.-Controller Eckels has been officially informed of the failure yesterday of the following national banks: The First national bank of Kendallville, Ind.: the First national bank of Santal Ana, Cal., and the First national bank of Whatcom, Wash.

9. June 24, 1893 The Dalles Times-Mountaineer Dalles, OR

Article from The Dalles Times-Mountaineer, June 24, 1893

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Two Banks in Santa Ana. SANTA ANA, Cal., June 22-Two banks of this city closed their doors this morning. The following notice was posted on the door of the First National: Owing to the heavy withdrawal of deposits and our inability to raise money on our securities, the board of directors of this bank have decided to temporarily close the doors. The bank has ample as sets, and will pay all depositors in full as soon as collections can be made. A similar notice was posted on the doors of the Commercial bank. Large crowds throng the street in front of the banks, and considerable excitement is manifested.

10. June 25, 1893 Tombstone Epitaph Tombstone, AZ

Article from Tombstone Epitaph, June 25, 1893

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mangled when the bodies were gathered up today. Of the injured three will probably die. FREdErICkToN,N.C.-Eighty dwellings and six stores, two churches and a railway station and round house were burned in the village of Gibson yesterday afternoon. One hundred and thirty families are homeless. The loss is $2,000,000; insurance light. ELLSWORTH, Me.-Fred L. Kent, cashier of the First National Bank of Ellsworth, has been announced a defaulter in the sum of $19,000, of which $10,000 is covered by the bond. The bank loses $9,000, but its ability and credit are unimpared. BerLIN-Sinking of ground in Schmidmeuhl continues. Scores of buildings have been renderd unsafe and many have been completely wrecked. Subsidence of ground began several days ago and is attributed to opening an jartesian well through which an immense amount of water has been expelled from an underground reservoir. Schmidmeuhl is in Posen and has 12,000 inhabitants. SANTA ANA, Cal.-The First National bank and the Commercial bank of Santa Ana did not open their doors this morning, owing to heavy withdrawals of deposits. It is understood that both the Orange and Tustin banks have closed for like reasons. SAN DIEGO- Bank of Commerce failed to open its doors this morning. Los Angeles-Everything is quiet today. The panic has subsided: MADRID-Great excitement prevails throughout this city in consequence of a dastardly attempt last night to blow up the residence of Senor Canovas del Castillo, late prime minister. Though the occupants of the residence escaped unhurt, the explosion was the cause of the death of one +person, the fatal injury of another and the wounding of several others. DULUTH, Minn.- The Bunnell building, a five story frame structure and a regular firetrap, was destroyed by fire last night. In the building were four stores, two saloons and two newspaper plants. Eighteen people, many of them women and children, occupied the upper floor. The fire started from an unknown cause. At the point where it originated there was no possible source of fire. The total loss is about $40,000, with a total insurance which will not exceed $12,000. It is feared that the loss of life may reach an appalling figure. Four dead bodies have already been recovered, and it 18 certain that at least three more are in the ruins. MILAN, Tenn.-For some time past Dr.John Hood, of Aden, sixteen miles north of here, has suspected improper relations existed between his wife and William Piper. Wednesday night Dr. Hood left home ostensibly on a visit to a patient, but instead hid in an outbuilding near the house. In less than an hour Piper entered the house. The doctor forced his way to his wife's bedroom and found his wife and Piper in a compromising situation. The doctor attempted to shoot Piper. but his pistol snapped. [Snatching a coal oil lamp burning on a table near by the wronged husband dashed the missile at Piper's head, the glass horribly cutting his face. The lamp exploded, the oil running in streams of fire over Piper's body, burning his right ear off, des roying the sight of both literally cook ine his breast

11. June 28, 1893 The Star Reynoldsville, PA

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LATER NEWS WAIFS. FINANCIAL AND COMMERCIAL Comptroller Eckels has been officially in formed of the failure of the following National banks: The first National Bank of Kendallville, Ind.; the First National Bank of Santa Anna. Cal.; and the First National Bank of Whatcom, Wash. He has ordered Bank Examiner Packard to take charge of of the Kendal'sville bank. At San Francisco the Pacific bank has closed. The Peoples Home Saving bank, under the same management, has also,gone down. At Greenville, Mich., the City National bank has suspended. The Cataract bank, Niagara Falls, N. Y.. the largest bank in Niagara county, closed its doors. The New York clearing-house committee authorized the taking out onFriday of $450,000 in clearing-house certificates. The total now outstanding is $5,350,000. The East Side bank, Los Angeles, Cal., opened its doors again on Saturday morning. This is the first of closed banks to resume. A feeling of confidence has returned. The other banks will open in a day or two except the City bank, which is in the hands of a receiver.

12. June 28, 1893 The Star Reynoldsville, PA

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LATE TELEGRAPHIC JOTTINGS BOTH FROM HOME AND ABROAD. What is Going On the World Over. Important Events Briefly Chronicled. Financial and Commercial. RIDGWAY, PA.-The Ridgway bank. private institution, closed its doors, finiding it impossible to realize on securities. The estimated assets are $534,000, liabilities, $21,000. The City National Bank, Greenville, Mich.. suspended after a run. Deposits. $210,000; assets, $312,000. The Bank of Commerce, San Francisco, suspended yesterday, and the First National bank and Commercial bank of Santa Ana, Cal., did not open. The amount of clearing house certificates issued at New York Thursday was $2,350,000. This brings the total up to $4,900,000 since it was decided to issue the certificates. B. T. Ren & Son, grain dealers, Nashville, Teun., made an assignment Liabilities, $100,000, with about equal assets. Henry Sheldon & Co., tea and coffee dealers, of New York, have failed. Their resources are between $200,000 aud $300,000. BIRMINGHAM, ALA.-An unfounded rumor that the First National Bank has refused to pay a check for $80,000 precipitated a run Thursday morning. The bank paid out about $41,0 0 up to noon, when confidence was restored and the run ceased.

13. June 29, 1893 Echo De L'ouest Minneapolis, MN

Article from Echo De L'ouest, June 29, 1893

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Faillites da Banques La "City National Bank" de Greenville Mich. 8 suspendu ses paiements. Est fermée également la "Ridgeway Bank" de Ridg way Pa. Passif 236000 doilars. La Todd County Bank de Long Praire Minn a fait faillite. La "St Paul & Minneapolis Trust Co" de Minnespo'is dont l'ex gouverneur A. McGill est président a déposé son bilan. L'inspecteur des banques M. Caldwele a ordonné la fermeture de la "Cty National Bank" de Greenville Mich. Passif encore inconnu. La "Queen City Bank" de Buffulo N. Y. ayant un capital de 600,000 dollars a suspendu ses paiemente. Fredman & Fredman de Chicago ont déposé leur bilan ainsi que Sherman & Byrne de New-York et Creety & Noyes de Boston. L'American Exchange Bank de Minheapolis a fermée BES portes. La "First National Bank" et la Commercial Bank" toutes deux de Santa Anna Cal. n'ont pas ouvert leuis portes samedi dernier. Les portes de la "Peoples Bink" de Pomoma Cal. sont restées her métiquement closes lundi matin. La "Bank of Commerce" de San Diego, Cal. a fait faillite. Il en est de même de la "Loan & Savinga Bank" de Tresno Cal La "State Bank" et la "Bank of New England" de Minneapolis ont suspendu leurs paiemente. MM. B iri et Bradly de Chicago ont fait faillite. Passif 400,000. Tombées également: "The Sabina Bank" of Wilmington, Ohio et la "Bank of Ness City," Kansas. Quand donc la serie sera-t-elle terminée?

14. June 29, 1893 The Herald Los Angeles, CA

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SANTA ANA. The Commercial Bank Reopens-Prof. W. W. McGinnis Resigna-Notes. SANTA ANA, June 27.-The Commercial bank resumed businees today, and the deposite were largely in excess of the withdrawals. The Bank of Orange will resume business on Saturday, while the First National will open as soon as word is received from Washington. CITY BOARD OF EDUCATION. The city board of education met last night, all the members being present. Several bille were allowed. The secretary was allowed $12.50 a month as salary, and business of minor importance was transacted. The resignation of Prof. W.W.McGinnie, as superintendent of the schools, was read and accepted. This is a matter of regret, for during his etay here the gentleman has proven himself thoroughly competent for the position he has held, and under his management good work has been done by the schools. Himself and family will leave for Cleveland, O., in about two weeks. Owing to the crowded condition of the schools it will be necessary to secure the services or two or three more teachers, and these, together with teachers for the ensuing year, will be elected at the next regular meeting on Friday night of this week. There are a large number of applicants for positions. HAD TO VACATE. Fat Mary," a woman weighing about 250 pounds, and who has for the past few days been endeavoring to run a house of protitution in this city, was today ordered by Marshal Nichols to leave town. She had with her a little child aged about 6 years, and also a halfwitted German girl about 18 years old. NOTES. F.G. Carpenter's elegant new residence on Hermosa street is nearing completion. But four deeds were filed for record today. Seven marriage licenses have been issued during the past month. E.S. Wallace is spending a few days at Santa Barbara. Mies Gertie French is visiting friends at Long Beach. A band of gypsies are camping near this city. The females are telling fortunes, while the men trade horses. The campmeeting being held here by the First Methodiets is largely attended, and several conversione are reported. Thus far this season, 212 tickets have been sold by the railroad agents here to Santa Anans who have visited the world's fair. Walter St. John has returned from a visit to Chicago. The steamer Corona, which touched at Newport yesterday, left 30 tons of freight for Santa Ana merchants. Two carloads of potatoes were shipped east from this city today. Harry Stafford and wife were made happy yesterday by the arrivalof a baby girl. Sixteen carloads of freight left for eastern points over the line of the Santa Fe yesterday from this city. A dance will be given at Newport Friday night. Miss Edith Wright left for New York yesterday. Word was received by Marshal Nichole today, stating that M. G. Vanderbeek would be tried in Georgia on a charge of forgery before he [could be returned to this city, where several cases of embezzlement are against him. Mr. R. Hewey has returned from Michigan.

15. June 29, 1893 The Farmers' Union Memphis, MO

Article from The Farmers' Union, June 29, 1893

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BANKS SHORT OF CASH The Siringency on the Pacific Coast Be ing Felt With Full Force. SAN FRANCISCO, Cal., June 26.-The People's Home Savings Bank failed to open its doors yerterday morning. On the door was the following notice: Bank closed temporarily in order to protect depositors and give them time to collect on securities We have sufficient assests. more than our liabilities." Columbus Waterhouse deeded all his property to the People's Home Bank. that they might raise money on it to tide them over the crisis This property is far in excess of all liabilities of the bank. Failure to realize on securities immediately is the cause of the suspension. The directors of the bank have ordered the regular dividend to be paid July 1. The stock dividend will be withheld. SAN BARNARDINO. Cal.. June 24. The First National Bank closed its doors yesterday morning. This notice was posted on the door: "Owing to the stringency of the money market and the unusual withdrawal of deposits during the last five days this bank is forced to close its doors temporarily.' SEATTLE. Wash.. June -The Columbia National Bank of New Whatcom suspended yesterday. NIAGARA FALLS, V. Y., June :4.The Cataract Bank of this city, the largest bank in Niagara county, closed itsdoors yesterday. There is great excitement among business men in consequence. as over $800,000 of their money was on deposit The suspension was totally unexpected and was not preceded by a run on the bank. The bank officers confidently expected to receive help from out of town vister day morning, but the money dil not come. Cashier Rankin says that the assets will be far in excess of the liabilities. The bank people claim to have plenty of securities, but when they tried to get them rediscounted at other banks they were refused. President Porter IS confident the bank will resume and he does not think a receiver will be necessary. WASHINGTON. June ":4.-Comptroller Fekels has been officially informed of the failure of the following national banks: The First National Bank " Kendallville, ind., the First National Bank of Santa Ana. Cal.. the First National Bank of Whateom. Wash He has ordered Bank Examiner Cleary to take charge of the Whateom bank and Bank Examiner Packard to take charge of the Kendallville bank temporarily. CINCINNATI, Ohio. June :4.-Samuel W. Coflin & Son. owners of th Cincin nati Dry Docks Company, assigned yesterday to Val P. Collins and H. D. Peck. Assets and liabilities are esti mated at $50,000 each.

16. July 21, 1893 Evening Star Washington, DC

Article from Evening Star, July 21, 1893

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National Bank Matters. The controller of the currency today appointed Mr. John P. Hopkins of Kensington, Chicago, III., receiver of the Chemical National Bank of Chicago, III. The controller has been advised that the First National Bank of Cheyenne, Wyo., has closed its doors to business, The controller of the currency has authorized the First National Bank of San Bernardino, Cal., and the First National Bank of Santa Ana, Cal., to reopen their doors for business, These banks have complied with the requirements imposed by the controller and are reported by the bank examiner to be in satisfactory condition with unimpaired capital. The controller of the currency has ordered a dividend of 30 per cent in favor of the creditors of the Evanston National Bank of Evanston, III. The checks for the payment of the dividend will be distributed on or about August 1 by the examiner at the bank of Evanston. The controller of the currency has been advised that the Farmers' National Bank of Henrietta, Tex., has closed its doors to business.

17. July 22, 1893 The Wheeling Daily Intelligencer Wheeling, WV

Article from The Wheeling Daily Intelligencer, July 22, 1893

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THE WORST IS OVER. Comptroller Eckels Thinks the Money Crisis is About Passed. WASHINGTON, D. C., July 21.-Secretary Carlisio will not be at the treasury department until to-morrow morning, Mr. Eckels, the comptroller of the eurrency, is still of the opinion that the worst is over. The fate ot a majority of national banks that are insolvent represent nothing more serious than temporary inability to pay out unusual sums of money that could have been provided had panic stricken stockholders given reasonable notice. The day was opened propitiously by instructions of two California national banks-the First of San Bernardino, and the First of Santa Anna-to reopen their doors for business. The comptroller also received notice that the Second National Bank, of Ashland, Ky., which closed its doors June 27, reopened for business on July 19, having complied with the requirements of the law. Reports received from nearly all the national banks in New York City show them to be in excellent condition, notwithstanding the great demands that have been made on them. A statement of the condition of the Brooklyn national banks on July 12 under the call for a statement showing their standing at the close of business on that day shows that the reserve amounted to 27.01 per cent and resources $17,587,553. Twenty-five per cent is considered an excellent showing.

18. July 22, 1893 The Morning Call San Francisco, CA

Article from The Morning Call, July 22, 1893

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WORST IS OVER. Comptroller Eckles Says the Panic Has Petered Out. WASHINGTON, July 21. - -The Comptroller of the Currency is still of the opinion that the worst is over and that the failures represent nothing more serious then temporary inability to pay out unusual sums of money that could have been provided had the panic-stricken stockholders given reasonable notice. The day opened propitiously by instructions to two California national banks, the First of San Bernardino and he First of Santa Ana, to open for business. These banks have complied with the requirements of the law and are reported by the Bank Examiner in a satisfactory condition with unimpaired capital. The offers of silver to the treasury today aggregated 670,000 ounces, at 70 to 71 1/2 cents. Thirty thousand ounces were purchased at 70 cents. The Comptroller has received notice of the failure of the First National Bank of Cheyenne, Wyo., and the Farmers' National Bank at Henrietta, Texas. The Comptroller had advices this afternoon from Cheyenne that the banks there stand firm. The excitement has ended and no more trouble is feared.

19. July 22, 1893 The Sun New York, NY

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CONDITION OF NATIONAL BANKS. Excellent Showing by the Banks In New York and Brooklyn, WASHINGTON. July 21.-Secretary Carlisle will not he at the Treasury Department until to-morrow morning. Mr. Eckels, Comptroller of the Currency. is still of the opinion that the worst is over, and that the failure of a majority of the national banks which are insolvent represents nothing more serious than temporary inability to pay unusual sums of money that could have been provided had panic-stricken stockholders given reasonable notice. Instructions were sent to two Californian national banks-the First of San Bernardino and the First of Santa Ana-to reopen their doors for business. These banks have complied with the requirements of the law. and are reported by the Bank Examiner to be in satisfactory condition. with unimpaired capital. The Comptroller also received notice that the Second National Bank of Ashland. Ky., which closed its doors on June 27. reopened for business on July 19, having complied with the requirements of the law. The official statement of the condition of the national banks in New York city at the close of business on July 12 shows that the reserve held by the banks was 25.30-100 per cent.. or only 30-100 more than the legal requirement. Notwithstanding this apparently slight surplus over the amount to be held in reserve as required by law. Comptroller Eckels says that the New York city banks are in excellent condition and show a remarkable firmness. considering the extraordinary demands that have been made on them. A statement of the condition of the Brooklyn national banks on July 12 shows that their reserve amounted to 27.01 per cent., and resources $17,587,573.

20. July 22, 1893 New-York Tribune New York, NY

Article from New-York Tribune, July 22, 1893

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PERMISSION GIVEN TO RESUME BUSINESS. Washington. July 21.-Controller Eckels is still of the opinion that the worst is over, and that the failures of a majority of the National banks which are Insolvent represent nothing more serious than temporary Inability to pay out unusual sums of money, which could have been provided had panle-stricken stockholders given reasonable notice. The day was opened propitiously by instructions to two California National banks-the First of San Bernardino, and the First of Santa Anna-to reopen their doors for business. The Controller also received notice that the Second National Bank of Ashland, Ky., which closed Its doors June 27, recpened for business on July 19. The Controller to-day appointed John P. Hopkins receiver of the Chemical National Bank of Chicago. Reports received from nearly all the National banks in New-York City show them to be in excellent condition. A statement of the condition of the Brooklyn National banks on July 12 shows that their reserves amounted to 27.01 per cent. and their resources $17,587,573. Twenty-five per cent is considered an excellent showing. The Controller has ordered a dividend of 30 per cent in favor of the creditors of the Evanston National Bank of Evanston, III.

21. July 22, 1893 The Record-Union Sacramento, CA

Article from The Record-Union, July 22, 1893

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Special to the RECORD-UNION. WASHINGTON, July 21.-The Comptroller of the Currency is still of the opinion that the worst is over and that the failures represent nothing more serious than temporary inability to pay out unusual sums of money that could have been provided had the panic-stricken stockholders given reasonable notice. The day opened propitiously by instructions to two California national banks, the First of San Bernardino and the First of Santa Ana, to reopen for business. These banks have complied with the requirements of the law and are reported by the Bank Examiner in a satisfactory condition with unimpaired capital.

22. July 28, 1893 The Durham Daily Globe Durham, NC

Article from The Durham Daily Globe, July 28, 1893

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IN THESE days of suspensions and failures it is gratifying to note that many of them are due only to temporary embar rassments and that many of the reputed bursted banks are over their trouble and are again doing business. Among those which have re opened during the last few days are: Gate City National Bank, At lanta, Ga.: First National Bank, Los Angeles, Cal.; First National Bank, San Diego, Cal.: First National Bank, Santa Anna, Cal; First National Bank, San Bernardino, Cal: the Southern California National Bank, Los Angeles, Cal: Merchants' National Bank, Fort Worth, Tex.; Second National Bank, Ashland, Ky.; Capital National Bank, Indianapolis, Ind: First National Bank, Palouse City, Wash; Washington National Bank, Spokane Falls, Wash; National Bank of Commerce, Provo City, Utah, and First National Bank, Cisco, Texas.

23. July 29, 1893 New-York Tribune New York, NY

Article from New-York Tribune, July 29, 1893

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It is to be observed that in twenty-one States and Territories there have been no !ailures of National banks, viz: In Alaska, Arizona. Arkansas, Connecticut. Delaware, District of Columbia, Idabo, Indian Territory, Louisiana, Maine, Maryland, Massachusetts, Minnesota, Nevada, New-Jersey, Pennsylvania. Rhode Island, South Carolina, Vermont, Virginia and West Virginia. It is further worthy of note that no National banks have failed in Boston, Brooklyn, Philadelphia, Pittsburg, Baltimore, Washington, Buffalo, Cincinnati. St. Louis, New-Orleans, San Francisco, Minneapolis, St. Pan! and numbers of other great commercial centres: and that but one has closed in New-York, two in Chicago. and one In Milwankee. The cause of the failures in NewYork and Chicago was due largely to mismanagement, as were numbers of others. Local scares have caused many of late to suspend. Nine of the banks failed were robbed by officials who are now under arrest. The following National banks have been authorIzed by the Controller of the Currency to resume business: Gate City National Bank, Atlanta, Ga.: First National Bank. Los Angeles, Cal.: First National Bank, San Diego, Cal.: First National Bank, Santa Ana, Cal.: First National Bank, San Bernardino, Cal.: Southern California National Bank, Los Angeles, Cal.: Merchants' National Bank. Fort Worth, Tex.: Second National Bank, Ashland, Ky.: Capital National Bank, Indianapolis.: First National Bank, Palouse City, Wash.: Washington National Bank, Spokane Falls, Wash.: National Bank of Commerce. Provo City, Utab: First National Bank. Cisco, Texas: Missouri National Bank, Kansas City, Mo. Many more will reopen, as the majority of those recently failed are absolutely solvent, and only closed through an unwarranted lack of confidence in them, causing disastrous runs. Resume: Number now in operation, 3,785: number failed since January 1, 1893. 105; number reopened, 14: number In hands of receivers, 33: number In hands of Bank Examiners, with application to Controller for resumption, 58.

24. September 3, 1893 The Times Richmond, VA

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BANKS HAVE RESUMED. Those That Were Temporarily Embarrassed Now All Right. WASHINGTON, D. C. Sept. 1.Controller Eckels has prepared the following statement of banks which temporarily suspended during the late stringency and have since resumed business: Black Hills National Bank, Rapid City, S. D., capital stock, $125,000; Gate City National Bank, Atlanta, Ga., $250,000; Capital National Bank, Indianapolis, Ind., $300,000; Washington National Bank, Spokane Falls, Wash., $250,000; First National Bank, Palouse city, Wash., $75,000: Southern California National Bank, Los Angeles, Cal: $200,000; First National Bank, Los Angeles, Cal., $200,000; First National Bank, San Diego, Cal., $300,000; First National Bank, Santa Ana, Cal., $150,000; First National Bank, Kendallville, Ind., $50,000; First National Bank, San Bernardino, Cal., $100,000; Second National Bank, Ashland, Ky., $50,000; First National Bank, Rico, Col., $50,000; National Bank of Commerce, Provo City, Utah, $50,000; First National Bank, Cisco, Texas, $50,000; American National Bank, Leadville, Col., $100,000; Central National Bank, Pueblo, Col., $50,000; Missouri National Bank, Kansas City, Mo., $250,000; First National Bank, Fort Scott, Kan., $300,000; Union National Bank, Denver, Col., $1,000,000; National Bank of Commerce, Den ver $500,000; Hutchinson National Bank, Hutchinson, Kan., $100,000; People's National Bank, Denver, Col.,$600,000; First National Bank, Anthony, Kan., $50,000; Greeley National Bank, Greeley, Col., $50,000; Farmer's National Bank, Henrietta, Tex., $50,000; State National Bank, Vernon, Tex., $100,000; Fourth National Bank, Louisville, Ky., $200,000; First National Bank, The Dalles, Ore., $50,000; Waupaca County National Bank, Waupaca, Wis., $50,000: Waxabachee National Bank, Waxabachee, Tex., $100,000; Citizen's National Bank, Attica, Ind., $50,000; First National Bank, San Marcos, Tex., $80,000; First National Bank, Lockhart, Tex., $50,000. Total capital stock of $6,030,000. Since January 1 last 154 national banks have suspended. Of this number one has gone into voluntary liquidation, 57 have been placed in the hands of receivers, 62 are in the hands of national bank examiners with excellent prospects of early resumption, in addition to the 34 above named which have already resumed business.