12396. First National Bank (Larimore, ND)

View Charter #2854 on SPMC

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
2854
Charter Number
2854
Start Date
January 31, 1898
Location
Larimore, North Dakota (47.907, -97.627)

Metadata

Model
gpt-5-mini
Short Digest
2e816273

Response Measures

None

Receivership Details

Depositor recovery rate
32.7%
Date receivership started
1898-02-26
Date receivership terminated
1904-08-15
OCC cause of failure
Fraud
Share of assets assessed as good
32.3%
Share of assets assessed as doubtful
42.2%
Share of assets assessed as worthless
25.4%

Description

The First National Bank of Larimore failed to open on Jan 31, 1898 and the board closed the bank, notifying the comptroller; a receiver was later appointed. Articles mention prolonged withdrawals ($60,000 in 60 days) and slow collections as the reason. No discrete misinformation-triggered run is described, so this is a suspension (failure to open) that resulted in receivership/closure.

Events (4)
1. January 9, 1883 Chartered
Source
historical_nic
2. January 31, 1898 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Prolonged liquidity strain due to slow collections and heavy withdrawals (about $60,000 in 60 days); management saw no prospect of relief and board agreed to close.
Newspaper Excerpt
Larimore, N. Dak., Jan. 31.--The First National Bank, of this city, did not open its doors to-day. It appears that the bank has not been in an easy condition for some time, owing to slow collections. During the last sixty days there have been withdrawals of deposits amounting to $60,000.
Source
newspapers
3. February 26, 1898 Receivership
Source
historical_nic
4. March 11, 1898 Receivership
Newspaper Excerpt
Senator Gordon's appointment to the receivership of the First National bank of Larimore appears to be a most satisfactory one, and there seems to be a general desire that he accept it, to be followed by an appointment to the position of national bank examiner. (Bismarck Weekly Tribune, Mar 11, 1898).
Source
newspapers

Newspaper Articles (22)
1. January 31, 1898 Deseret Evening News Salt Lake City, UT
Article from Deseret Evening News, January 31, 1898

Click image to open full size in new tab

Article Text

TELEGRAPHIC BREVITIES. Captain-General Blanco sailed today from Santiago de Cuba for the north coast of the island. The Canton. Mass., postoffice was broken into early this morning. Blowing open the safe, the robbers carried off $2,000 worth of stamps. There is no clue. C. W. Miller of Chicago, winner of the last six-days' contest in Madison Square Gorden, New York, is eager to race Cordang, "The Dute:hman," in a 24 hours' paced race. The International Paper Co. of Corinth. Saratoga county. New York, a combination of all the big firms-in country, filed articles of incorporation today with a capital of $45,000,000. The engineering work throughout England re-opened today owing to the settlement of the great strike. About 25 per cent of the men were employed. The others will be given work gradually. George C. Howard, superintendent of schools of West Bridgewater, Mass., moderator of the last town meeting and ex-state representative, is a selfconfessed forger to the extent of $600. and is under arrest for the crime. Albert L. Sales, a prominent woollen manufacturer of Rhode Island, is dead at his home in Pascoag, aged 72 years. He was one of the pioneers of the wool industry and for 44 years was engaged in the business on his own account. The German Reichstag today adopted the measure increasing the salary of Prince Hohenloe, the imperial chancellor, to 100,000 marks. The social democrats, freissinnigs and the south German peoples party opposed the proposition. Chairman Jones of the Democratic national committee says there is no truth in the statement that he had removed William Harrity and substituted the man designated by the Pennsylvaria Democratic state committee as his successor. The students reassembled today at Madrid, Spain, with the object of making a demonstration against the Progresso office, but the precautions adopted by the police prevented the young men from approaching the offices of the newspapers. Dr. C. A. Simmons, famous throughout the country as the originator of "Simmons' liver regulator," died in Atlanta, Ga., last night at an advanced age. He was a native Georgian and expired at the home of his daughter, Mrs. W. J. Leehbaut. The New York Tribune says: The committee which was appointed by the members of the Broadway Tabernacle to select and recommend a pastor, has unanimously decided in favor of Rev. Charles Jefferson, of the First Congregational church of Chelsea. At 8:30 a. m. today (Monday) three miles from Greenville, Ohio, a Dayton & Union passenger engine caught C. F. Young. wife and 4-year-old girl in a top buggy, killing father and child. A and terribly injuring the mother. shed obstructed the view of Engineer Cragin. Rev. Martin Gessler, the pastor at St. Patrick's church at Elizabeth, N. J., who disappeared on Friday, has not yet returned. He is known to be in a convent in Canada and is said to have a left Elizabeth to avoid his receiving purse containing $2,500 in gold in honor of his 25th anniversary as priest. First National bank of Larimore, did not open its It that the bank has not in appears N. The D., doors today. owing been easy condition for some time to slow collections. During the last sixty days there have been withdrawals The of deposits amounting to $60,000. assets of the bank are said to be largely in excess of the liabilities. the steamer On board Alexandria last night which arrived at New York from London. was Lieutenant Henry Thomas Walsh. U. S. A., who has been in the care of Captain Maraccount of Walsh to sent shall At Quarantine, home on alcoholic attempted mania. jumq overbord. He was secured and he locked in his stateroom, where is in the care of friends. The Australfan cricketers, in the test match with the visiting eleven, at 323 runs in intralia, fourth English made Melbourne, their first AusThe Englishmen were for runs in the first innings nings. 174 of the all play and out on. At the close the English players scored today followed wicket down. had seven runs for one

2. February 1, 1898 New-York Tribune New York, NY
Article from New-York Tribune, February 1, 1898

Click image to open full size in new tab

Article Text

SUSPENSION OF A NATIONAL BANK. Larimore, N. Dak., Jan. 31.--The First National Bank, of this city, did not open its doors to-day. It appears that the bank has not been in an easy condition for some time, owing to slow collections. During the last sixty days there have been withdrawals of deposits amounting to $60,000. Strenuous efforts have been made by the management to meet these demands, but as there was no prospect of relief the Board of Directors unanimously agreed to close The assets of the bank are said to be largely in excess of the liabilities

3. February 2, 1898 Watertown Republican Watertown, WI
Article from Watertown Republican, February 2, 1898

Click image to open full size in new tab

Article Text

Bank at Larimore Closed. St. Paul, Minn., Jan. 31.-A Larimore (N. D.) special to the Dispatch says: "The First National bank of this city did not open its doors today. From what can be gathered from the officials it appears that the bank has not been in easy condition for some time owing to slow collections. During the last sixty days there have been withdrawals of deposits amounting to $60,000. The assets of the bank are said to be largely in excess of the liabilities."

4. February 3, 1898 River Falls Journal River Falls, WI
Article from River Falls Journal, February 3, 1898

Click image to open full size in new tab

Article Text

A Bank Goes Under. Larimore, N. D., Feb. 1.-The First national bank, of this city, did not open its doors Monday. From the officials it is learned that the trouble is owing to slow collections. During the last 60 days there have been withdrawals of deposits amounting to $60,000. Strenuous efforts have been made by the management to meet these demands, but as there was no prospect of relief the board of directors unanimously agreed to close. The assets of the bank are said to be largely in excess of the liabilities.

5. February 9, 1898 The Saint Paul Globe Saint Paul, MN
Article from The Saint Paul Globe, February 9, 1898

Click image to open full size in new tab

Article Text

NORTH DAKOTA BOOMING SEVERAL OF ITS CITIZENS ARE IN ST. PAUL Lively Scramble Among the Republicans for All the Federal Plums in Sight-Senator Hansbrough and Congressman Johnson at Loggerheads. North Dakotans were especially in evidence around the hotels yesterday. For the most part those in town yesterday were merchants, who had come down to do their spring buying, with a politician sprinkled in here and there. Thomas B. Edison, of Larimore, a nephew of "The Wizard," was at the Merchants yesterday. Mr. Edison is one of the best known bankers and successful farmers in the Dakotas. Back in the early '80s Mr. Edison bought a large farm on the head waters of the Turtle, and the story goes that the first year he cut 350 tons of hay and sold it for $10 per ton in the stack. Mr. Edison said yesterday that he was thinking of having a spur track laid across his farm, and building an elevator on the premises. Of late years his operations have been confined to wheat raising, but in the early years of his residence in Dakota he raised oats. One year he harvested 102 bushels to the acre and sold the whole crop for over forty cents per bushel on the farm. Mr. Edison is on his way to Washington, D. C., where he will look up the appointment of a receiver for the First National bank of Larimore, which closed its doors ten days ago. Richard Daly, of Devil's Lake, was a guest at the Merchants' yesterday. Mr. Daly was the Republican nominee for sheriff of Ramsey county last fall. He is now in the grain business. Previous to his removal to the city of Devils' Lake he was the owner of one of the finest farms in the county. There is quite a scramble among the Republican politicians of North Dakota for federal positions. The recent appointment by President McKinley of John Haggard as United States marshal has simmered the contest down to the land office places. It is generally understood among North Dakota Republicans that Harry Baird, of Devil's Lake, is to be named for the position as register of the land office. Mr. Baird has been in Minneapolis for several days, and it is understood that Senator Hansborough has practically decided upon Mr. Baird for the place. Senator Roach being of the opposite persuasion he will have no voice in the selection of any of the federal positions. Congressman Johnson has disagreed in many instances with Senator Hansborough on federal as well as recommendations for consular appointees. A prominent North Dakota man said yesterday that it was the general understanding among politicians of the state that Senator Hansborough's recommendation would receive favorable consideration at the hands of the president whether Mr. Johnson indorsed the appointment or not. The

6. February 10, 1898 Wood County Reporter Wisconsin Rapids, WI
Article from Wood County Reporter, February 10, 1898

Click image to open full size in new tab

Article Text

A1 HOME Six lives were lost in the burning of Alvord House, at Gloversville, N. Y. In Philadelphia it is said that Singerly's bank will pay in full. August Lehr, the German cyclist won two races from Nat Butler. Mayor Truelsen of Duluth, fusion, was reelected The wages of miners on the Gogebic range were increased More United States cruisers will be sent to Cuba. New England has had its worst snow storm for twenty-five years. The First National bank, Larimore, N. D., suspended Prospects are bright for a war in Alaska rates. Boston's blizzard caused a loss of 31,000,000 and fifteen lives. Germany has prohibited the importation of American fresh fruit. Capt. Ray, U. S. A., on duty in Alaska, warns people to keep away. The removal from New York streets of the snow which fell in two days cost the city $20,000. Mrs. Julia C. R. Dorr, the wellknown author and poet, is critically ill in Rutland, Vt. A. B. Stormer, arrested for the double murder au Burlington, Iowa, confessed. Again is it gossiped that Archbishop Corrigan of New York is to be made cardinal A man is on trial for murder at Sioux Falls, S. D., who is suspected of five murders. A paper mill at Marinette, Wis., was wrecked by an explosion, killing several men Persident McKinley is liable to issue an order today modifying the civil service rules. Catholics want Mgr. Martinelli to issue a pronunciamento regarding "mixed marriages. William P. Hall, a millionaire man, ufacturer of Greenwich, Conn., is conducting a revival in Brooklyn. The total yield of tobacco in the United States in 1896 is estimated at 403,004,320 pounds, valued at $24,258,070. George C. Howard, superintendent of schools of West Bridgewater, Mass., is under arrest for a self-confessed forgery Edith Cushing, a student at the University of Iowa, was crippled for life while being hazed by sophomore girls. Rev. Dr. John Hall has withdrawn his resignation as pastor of the fifth Avenue Presbyterian church at New York. The schedules in the assignment of Oscar Hammerstein, the New York theatrical manager, show liabilities of $166,000; "assets, $5,250. The trial of Sheriff Matrin and his deputies, charged with shooting miners at Latimer, Pa., began at Wilkesbarre. John Haycock, formerly of St Paul who was captain of the first steamboat on the Mississippi river, died at Sebeka, Minn. The president has nominated George F. Bowden to be collector of customs for the district of Norfolk and Portsmouth. The inter-state commerce committee nas authorized a favorable report on the anti-scalping bill. Details have been received from Balikesr, Asia Minor, showing that twenty persons were killed and fifty injured by the recent earthquake at that place and Brusa. Cnarles L. Draper, on trial for the murder of Charles L. Hastings. was at Jacksonville, III., given a life sentence. The advocates of the annexation of Hawaii are confident they will secure the 60 votes necessary for the ratification of the treaty The government's receipts in January, exclusive of the receipts from the sal of the Union Pacific railroad showed a deficit of $7,901,484. A reduction has been made in the working time in the Chicago, Burlington and Quincy shops at Galesburg, Ill., affecting 1,000 men. Mr. Harrity, the Pennsylvania member of the democratic national committee has not been removed by Chairman Jones, as reported. Isaac Clements of Carbondale, Ill. has been elected superintendent of the soldier's orphan's home at Normal, to succeed J. H. Magner, resigned. Leaded to the guards with 240 passengers and 800 tons of freight, the steamer City of Topeka sailed from Tacoma for Juneau and way ports. of Emmett Rogers, ex-treasurer Ridgeley lodge, No. 345, I. O. O. F., of Kansas City, Mo., committed suicide He was short $930 in his accounts. Fire destroyed four stores and a half-dozen offices and smaller buildings at Somerset, Ky. Loss $100,000; insurance, $65,000 The Military Academy appropriation as on a estiries bill, total agreed of $460,140, in committee, against carmates made by the war department of $640,310 In his testimony before the Senate committee Assistant Secretary of the Navy Roosevelt said he had found the civil-service system worked an inconceivable improvement. of the was entertained in Hawaiian Mr. Dole, republic, the president Buffalo, N. Y., at a banquet last Tues day evening. He dined with President McKinley. The cornering of wheat by Joseph Leiter to have the mill

7. February 10, 1898 Courier Democrat Langdon, ND
Article from Courier Democrat, February 10, 1898

Click image to open full size in new tab

Article Text

BANK DOORS CLOSED. Larimore Institution Compelled to Suspend Payment. Larimore, N. D.-The First National bank of this city has failed to open its doors for business. From what can be gathered from the officials it appears that the bank has not been in an easy condition for some time, owing to slow collections. During the last sixty days there have been withdrawals of deposits amounting to $60,000. Strenuous efforts have been made by the management to meet these demands, but, as there was no prospect of relief, the board of directors unanimously agreed that the interests of all conserned would be best subserved by closing the doors of the bank and notifying the controller of the currency of the condition of affairs. The assets of the bank are said to be largely in excess of the liabilities, SO that the creditors may expect to be paid off as soon as the atfairs can be liquidated.

8. February 11, 1898 Bismarck Weekly Tribune Bismarck, ND
Article from Bismarck Weekly Tribune, February 11, 1898

Click image to open full size in new tab

Article Text

need not be afraid of eating dirty cooking." LaMoure and Cando have furnished Klondike parties. A county seat war is billed for Pembina county next fall. It is stated Jud LaMoure has gone to Mexico to buy a silver mine. A number of Valley City residences will be lighted with acetylene gas. Orlando Cornell, an old man of large family, committed suicide near Dickin. Dr. Smith of Dickinson will go to Klondike to practice, and locate a good claim on the side. Editor Streeter of the Emmons County Record is happy over the decision of the Wells county tax case. A state Maccabee picnic will be held at the state Chautauqua grounds at Devils Lake next summer. H. A. Birtsh of Langdon a other while fractured skull and injuries got playing hockey at the ice rink. The public schools at Mandan have been closed for a week on account of scarlet fever, which is prevalent. The papers in the appeal in the Crum case have been and disbarment prepared will be sent to the supreme court. John I. Moore, the defaulting president of the Minot Coal company left debts amounting to $5,000 at Minot. Lieutenant Albright, the new governmilitary instructor arrived ment has at the state university at Grand Forks. Casselton is furnishing city arc lights for 865 a year. Cando has also started its light plant, which givesgeneral satisfaction. The Valley City electric light plant is inadequate to the necessities of the city and another dynamo will have to be procured. Ernie Kent of the Nelson County Herald gets the nominating fever and suggests Private Secretary Phelps for governor. Now that the blind piga have been cleaned out, the peripatetic bootlegger has begun to make his appearance in Devils Lake. Wonders will never cease. Tom Sloan, the well known passenger conductor has been appointed a director in the Y. M. C. A. at Fargo. Jamestown people are gratified over the successful sale of the asylum bonds. It will mean the expenditure of over $40,000 at the asylum. Theodore Laue is suing the James river valley bank for $5,000, claiming he was to extent horse injured the by a which he bought of the bank. There is an attack of Klondicitis at Wahpeton, and a party with $10,000 capital is to be organixed, headed by Dr. Quick and Editor Garred. The Northern Pacific has paid the taxes levied under the retroactive act at Fargo. It has also settled its delinquent taxes in Richland county. No receiver will be appointed for the First National bank of Larimore at present, the officials of the bank being given time to raise money to liquidate. St. Thomas, Pembina county, claims the unique distinction of not having a child who man, woman or is affected by the gold fever and the Klondike craze. The teachers of McIntosh county are reported to have refused "to attend at reading until blind circle meetings held Ashley pigs and other disreputable houses are closed." Fire destroyed the barn and twenty to Carl head of stock belonging Francine, a farmer living a mile from Ellendale. Incendiarism'is suspected, and Elias Enderson is under arrest. t Secretary Higgins of the Record Publishing Company has resigned-it i said all is not harmony in the company -since Higgins sold Argus stock to Jordan, and thus enabled the rout of

9. February 19, 1898 The Washburn Leader Washburn, ND
Article from The Washburn Leader, February 19, 1898

Click image to open full size in new tab

Article Text

BANK DOORS CLOSED. Larimore Institution Compelled to Suspend Payment. Larimore, N. D.-The First National bank of this city has failed to open its doors for business. From what can be gathered from the officials it appears that the bank has not been in an easy condition for some time, owing to slow collections. During the last sixty days there have been withdrawals of deposits amounting to $60,000. Strenuous efforts have been made by the management to meet these demands, but, as there was no prospect of relief. the board of directors unanimously agreed that the interests of all conserned would be best subserved by closing the doors of the bank and notifying the controller of the currency of the condition of affairs. The assets of the bank are said to be largely in excess of the linbilities, so that the creditors may expect to be paid off as soon as the at'fairs can be liquidated.

10. March 7, 1898 The Sun New York, NY
Article from The Sun, March 7, 1898

Click image to open full size in new tab

Article Text

Bank President and Cashier Arrested. GRAND FORKS. N. D., March 6.-J.B. Streeter. Jr., President. and H. C. Streeter. cashier of the defunct First National Bank of Larimore, were arrested last evening. charged with receiving money just before the bauk suspended. knowing that the institution was insolvent. Both were brought before Justice Goodwin, waived examination. and were bound over to the District Court.

11. March 11, 1898 Bismarck Weekly Tribune Bismarck, ND
Article from Bismarck Weekly Tribune, March 11, 1898

Click image to open full size in new tab

Article Text

schools are again closed, because of improper quarantine regulations. Kidder county claims $57,000 in taxes and penalties from the Northern Pacific which is the amount for which suit has been brought. The taking of the inventory at Standing Rock will be completed this week and Agent Bingenheimer will take charge on Monday next. The Mandan Pioneer discovers that the Northern Pacific will hereafter do much of the machine shop work that has been done at Mandan, at Brainerd, and remove a number of mechanics from Mandan. About $1,000 difference monthly in the payroll. Grand Forks Plaindealer: Senator Gordon's appointment to the receivership of the First National bank of Larimore appears to be a most satisfactory one, and there seems to be a general desire that he accept it, to be followed by an appointment to the position of national bank examiner. E.O. Faulkner, formerly auditor of Walsh county and now receiver of the Pecos Valley railroad, New Mexico, has secured 82,500,000 for extending the road 215 miles from Roswell, N. M., to Washburn, Texas, where it will connect with the Santa Fe system and with the Union Pacific, Denver & Gulf. The First National bank of Bathgate has gone into voluntary liquidation. It is said that this is preliminary to closing its affairs preparatory to the organization of a state bank with smaller capital. Local bankers find that the expense account and taxes attending large capital in a national bank offset all the profits. Allen J. Wine, who was once sent enced to the penitentiary, served several weeks, was granted a new trial by the supreme court, and whose case resulted in a disagreement at the second trial, hais been discharged from custody. He has been in jail about two years, and was originally accused of swindling Fargo people out of several thousand dollars on a fake mining deal. Argus: Chief of Police Best arrived from the east last night on the second second of No. 1. He was accompanied by no one and while feeling rather tired after the journey he stated that he was feeling much better than he had expected. He was taken home and it is expected that after a night's rest he will feel much better. He was too tired last evening to talk much. The Ransom Co-operative Creamery association will open its new creamery on Thursday, March 10. A free dinner will be served in a mammoth five pole tent having a capacity of 12,000 people and will be heated by over 3,000 feet of steam pipe, making it as comfortable as any city parlor. A committee of over 00-ladies will preside over the dinner. At a meeting of the officers and stockholders an extensive program was arranged and committees were appointed. Notwithstanding the verdict of the coroner's jury and all indications pointing toward suicido in the case of Harry Randall, whose tragic though mysterious death near Milton was reported several weeks ago, there are a great many who firmly believe that the man was murdered and placed in the position in which he was found by his murderers. It is believed that he had about 81,000 in currency in his dwelling at the time of his death, but no money was found after the tragedy. Startling developments are anticipated shortly. Harvey Herald: A 2-year-old son of J. Boeneth, 8 German farmer residing in the settlement at "406" was burned to death on Monday. It seems that Mrs. Boeneth had left her two children, aged

12. March 17, 1898 Courier Democrat Langdon, ND
Article from Courier Democrat, March 17, 1898

Click image to open full size in new tab

Article Text

NORTH DAKOTA BANKS, Controller Dawes 1x Giving Them Special Attention. Washington-It is said at the office of the controller of the currency that no official information has been received of the arrest of the Streeters. president and cashier of the defunct First National Bank of Larimore, N. D. It is said that Special Examiner McDenald, who was recently sent to North Dakota to examine the condition of the failed national banks in that state, has probably concluded his examination of the two banks in Grand Forks and of the bank at Fargo. Up to date no report has been received from him as to the condition of these banks, but one will probably be received in a few days. Controller Dawes is at present out of the city, but it is probable that he will decide whether to appoint receivers for these banks upon his return. A preliminary report of the trust under his charge has been received from Receiver Kneeshaw, of the First National Bank of Pembina. It is probable that the first dividend will shortly be declared.

13. June 18, 1898 The Seattle Post-Intelligencer Seattle, WA
Article from The Seattle Post-Intelligencer, June 18, 1898

Click image to open full size in new tab

Article Text

Banker Streeter Acquitted GRAND FORKS N. D., June 17.-In the case of J. B. Streeter, president of the recently suspended First National bank at Larimore on the charge of receiving deposite, knowing the bank was insolvent. the jury was advised by Judge Fisk to bring in a vardict for the defendant on the ground that the insolvency of the bank had not been proved. and consequently returned a verdier of acquittal.

14. December 31, 1898 The Diamond Drill Crystal Falls, MI
Article from The Diamond Drill, December 31, 1898

Click image to open full size in new tab

Article Text

BANK FAILURES. Jan. 17-State, Elmwood, Ill., $60,000. 24-National, Paola, Kan., suspended. 31 - First national, Larimore, N. D., $71,754. Feb. 24- Bank of Southern Baltimore, $170,000. Mar. 16-Home savings Sioux City, Ia., $60,000 Benson savings, Waterford, Pa., $40,000. 24-Bank of Merriam Park, St. Paul, Minn. People's state, Philadelphia, nearly $1,000,000. 25 Guarantors' Finance Co., Philadelphia, $1,047,500. Jun. 7-Delaware national, Delhi, N. Y., $25,000. 29 Thomas J. Kirby, private, Abilene, Kan., $283,000. Jul. 20-Commercial state, Marshalltown, Ia. 21-German savings, Doon, Ia., $59,474 Northern, Lexington, Ky. (suspended). 23-Tawas savings, Tawas City, Mich. (suspended). Aug. 11-Bank of Waverly, Ill., $150,000. 27-Fillmore county, Preston, Minn., $150,000. Sep. 14-D. F. Parsons, private, Burr Oak, Mich., $100,000. 15-Jasper, Ala., bank, $65,000. 26-Allegheny, at Clifton Forge, Va., liabilities, $50,000. Oct. 4-Tradesman's national, at New York, $2,000,000 due depositors. Liabilities placed at $3,800,000. 13-Tioga national, of Oswego, N. Y., closed. 19-First national of Neligh, Neb., liabilities $103,000 German national of Pitts burgh, Pa., liabiliteis, $2,000,000. 21-First national, of Lisbon, O., capital $50,000-closed; resumed on Nov. 15. 29-Second national, of Springfield, O., goes into liquidation. Nov. 5-First national, of Flushing., O., suspends. 16-First national, of Emporia, Kan., closed. 28 Bank of Hornersville, N. Y., closes doors with liabilities of $75,000. 30 -Second national, of Toledo, o., goes into voluntary liquidation.

15. January 1, 1899 Marietta Daily Leader Marietta, OH
Article from Marietta Daily Leader, January 1, 1899

Click image to open full size in new tab

Article Text

BANK FAILURES. Jan. 17-State, Elmwood, Ill., $60,000. 21-National, Paola, Kan., suspended. 1-First - national, Larimore, N. D., $71,754. Feb. -Bank of Southern Baltimore, $170,000. Mar. 6-Home savings, Sioux City, Ia., $60,000 Benson savings, Waterford, Pa., $40,000. 24-Bank of Merriam Park, St. Paul, Minn. People's state, Philadelphia, nearly $1,000,000. 25 Guarantors' Finance Co., Philadelphia, $1,047,500. Jun. 7--Delaware national, Delhi, N. Y., $25,000. 29-Thomas J. Kirby, private, Abilene, Kan., $283,000. Jul. 20-Commercial state, Marshalltown, Ia. 21-German savings, Doon, la., $59,474 Northern, Lexington, Ky. (suspended) 23-Tawas savings, Tawas City, Mich. (suspended). Aug. 11-Bank of Waverly, Ill., $150,000. 27-Fillmore county, Preston, Minn., $150,000. Sep. 14-D. F. Parsons, private, Burr Oak, Mich., $100,000. 15-Jasper, Ala., bank, $65,000. 26-Allegheny, at Clifton Forge, Va., liabilities, $50,000. Oct. 4-Tradesman's national, at New York, $2,000,000 due depositors. Liabilities placed at $3,800,000. 13--Tioga national, of Oswego, N. Y., closed. 19 -First national of Neligh, Neb., liabiliGerman national of Pitts ties $108,000 burgh, Pa., liabiliteis, $2,000,000. 21-First national, of Lisbon, O., capital $50,000 closed; resumed on Nov. 15. 20-Second national, of Springfield, O., goes into liquidation. Nov. 5-First national, of Flushing., O., susspends. 16-First national, of Emporia, Kan., closed. 28-Bank of Hornersville, N. Y., closes doors with liabilities of $75,000. 30 Second national, of Toledo, O., goes into voluntary liquidation. Dec. 5-American savings, at Charleston, S. C., placed in hands of receiver. Liabilities, $100,000.

16. January 3, 1899 Twice-A-Week Plain Dealer Cresco, IA
Article from Twice-A-Week Plain Dealer, January 3, 1899

Click image to open full size in new tab

Article Text

HAPPENINGS OF 1898. A Chronological Array of the Most Prominent Events. STORY OF SPANISH-AMERICAN WAR. Brief Mention of Financial Failures, Startling Catastrophes and Crimes-Necrology of Year - Politics and Sport. BANK FAILURES. Jan. 17-State, Elmwood, Ill., $60,000. 24-National, Paola, Kan., suspended. 81-First national, Larimore, N. D., $71,754. Feb. 24-Bank of Southern Baltimore, $170,000. Mar. 16-Home savings, Sioux City, Ia., $60,000 Benson savings, Waterford, Pa., $40,000. 24-Bank of Merriam Park, St. Paul, Minn. People's state, Philadelphia, nearly $1,000,000. 25-Guarantors' Finance Co., Philadelphia, $1,047,500. Jun. 7-Delaware national, Delhi, N. Y., $25,000. 29-Thomas J. Kirby, private, Abilene, Kan., $283,000. Jul.20-Commercial state, Marshalltown, Ia. 21-German savings, Doon, Ia., $59,474 Northern, Lexington, Ky. (suspended). 23-Tawas savings, Tawas City, Mich. (suspended). Aug. 11-Bank of Waverly, Ill., $150,000. 27-Fillmore county, Preston, Minn., $150,000. Sep. 14-D. F. Parsons, private, Burr Oak, Mich., $100,000. 15-Jasper, Ala., bank, $65,000. 26-Allegheny, at Clifton Forge, Va., liabilities, $50,000. Oct. 4-Tradesman's national, at New York, $2,000,000 due depositors. Liabilities placed at $3,800,000. 13-Tioga national, of Oswego, N.Y., closed. 19-First national of Neligh, Neb., liabilities $108,000 German national of Pitts burgh, Pa., liabilities, $7,000,000. 21-First national, of Lisbon, O., capital $50,000-closed; resumed on Nov. 15. 29-Second national, of Springfield, O., goes into liquidation. Nov. 5-First national, of Flushing., O., suspends. 16-First national, of Emporia, Kan., closed. President suicides an hour later. 28-Bank of Hornersville, N. Y., closes doors with liabilities of $75,000. 30-Second national, of Toledo, O., goes into voluntary liquidation. Dec. 5-American savings, at Charleston, S. C., placed in hands of receiver. Liabilities, $100,000.

17. January 6, 1899 The Iola Register Iola, KS
Article from The Iola Register, January 6, 1899

Click image to open full size in new tab

Article Text

BANK FAILURES. Jan. 17-State, Elmwood, III., $60,000. 24-National, Paola, Kan., suspended. - First national, Larimore, N. D., $71,754. Feb. 24-Bank of Southern Baltimore, $170,000. Mar. 16- Home savings, Sioux City, Ia., $60,000 Benson savings, Waterford, Pa., $40,000. 24-Bank of Merriam Park, St. Paul, Minn. People's state, Philadelphia, nearly $1,000,000. 25-Guarantors' Finance Co., Philadelphia, $1,047,500. Jun. 7-Delaware national, Delhi, N. Y., $25,000. 29-Thomas J. Kirby, private, Abilene, Kan., $283,000. Jul. 20-Commercial state, Marshalltown, la. 21-German savings, Doon, la., $59,474 Northern, Lexington, Ky. (suspended) 23-Tawas savings, Tawas City, Mich. (suspended). Aug. 11-Bank of Waverly, III. $150,000. 7-Fillmore county, Preston, Minn., $156,000 Sep. 14-D. F. Parsons, private, Burr Oak, Mich., $100,000. 15-Jasper, Ala., bank, $65,000. 26-Allegheny, at Clifton Forgo, Va., liabilities, $50,000. Oct. 4 --Tradesman's national, at New York, $2,000,000 due depositors. Liabilities placed at $3,800,000. 13-Tioga national, of Oswego, N. Y., closed. 19-First national of Neligh, Neb., Habil German national of Fitts ties $103,000 burgh, Pain liabiliteis, $2,000,000. 21-First national, of Lisbon, O., capital $50,000-closed; resumed on Nov. 15. 29 -Second national, of Springfield, O., goes into liquidation. Nov. 5-First national, of Flushing., O., sus pends, 16-First national, of Emporia, Kan., closed. 28-Bank of Hornersville, N. Y., clease doors with liabilities of $75,000. 30-Second national, of Toledo, O., goes into voluntary liquidation.

18. January 7, 1899 The Cape Girardeau Democrat Cape Girardeau, MO
Article from The Cape Girardeau Democrat, January 7, 1899

Click image to open full size in new tab

Article Text

BANK FAILURES. Jan. 17-State, Elmwood, III $60,000. 24-National, Paola, Kan., suspended. 31 - First national, Larimore, N. D., $71,754. Feb. 21-Bank of Southern Baltimore, $170. 000. Mar. 16-Home savings, Sioux City, Ia., $60, 000 Benson savings, Waterford, Pa., $40,000. 24-Bank of Merriam Park, St. Paul, Minn. People's state, Philadelphia, nearly $1,000,000. 25-Guarantors' Finance Co., Philadelphia, $1,047,500. Jun. 7-Delaware national, Delhi, N. Y., $25,000. 29-Thomas J. Kirby, private, Abilene, Kan., $283,000. Jul. 20-Commercial state, Marshalltown, Ia. 21-German savings, Doon, Ia. $59,474 Northern, Lexington, Ky. (suspended). 23-Tawas savings, Tawas City, Mich. (suspended). Aug. -Bank of Waverly, Ill., $150,000. 27-Fillmore county, Preston, Minn., $150, 000. Sep. 14-D. F. Parsons, private, Burr Oak, Mich, $100,000. 15-Jasper, Ala., bank, $65,000. 26-Allegheny, at Clifton Forge, Va., liabilities, $50,000. Oct. 4-Tradesman's national, at New York, $2,000,000 due depositors. Liabilities placed at $3,800,000. 13-Tioga national, of Oswego, N. Y., closed. 19-First national of Neligh, Neb., liabiliGerman national of Pitts ties $108,000 burgh, Pa., liabiliteis, $2,000,000. 21-First national, of Lisbon, O., capital $50,000-closed; resumed on Nov. 15. 29-Second national, of Springfield, O., goes into liquidation. Nov. 5-First national, of Flushing_2., suspends. 16-First national, of Emporia, Kan., closed. 28-Bank of Hornersville, N. Y., closes doors with liabilities of $75,000. 30-Second national, of Teledo O., goesinto voluntary liquidation.

19. January 7, 1899 Perrysburg Journal Perrysburg, OH
Article from Perrysburg Journal, January 7, 1899

Click image to open full size in new tab

Article Text

BANK FAILURES. Jan. 17-State, Elmwood, III., $60,000. 24-National, Paola, Kan., suspended. -First national, Larimore, N. D., $71,754. Feb. 24-Bank of Southern Baltimore, $170.000. Mar. 16-Home savings, 8 Sioux City, Ia., $60,000 Benson savings, Waterford, Pa., $40,000. 24-Bank of Merriam Park, St. Paul, Minn. People's state, Philadelphia, nearly $1,000,000. 25-Guarantors' Finance Co., Philadelphia, $1,047,500. Jun. 7-Delaware national, Delhi, N. Y., $25,000. 29- l'homas J. Kirby, private, Abilene, Kan., $283,000. Jul. 20-Commercial state, Marshalltown, Ia. 21-German savings, Doon, la. $59,474 Northern, Lexington, Ky. (suspended). 23-Tawas savings, Tawas City, Mich. (suspended). Aug. 11-Bank of Waverly, III., $150,000. Fillmore county, Preston, Minn., $150,000. Sep. It-D. F. Parsons, private, Burr Oak, Mich., $100,000. 15-Jasper, Ala., bank, $65,000. 26-Allegheny, at Clifton Forge, Va., liabilities, $50,000. Oct. 4 -Tradesman's national, at New York, $2,000,000 due depositors. Liabilities placed at $3,800,000. 13-Tioga national, of Oswego, N. Y., closed. 19-First national of Neligh, Neb., liabiliGerman national of Pitts ties $108,000 burgh, Pa., liabiliteis, $2,000,000. 21-First national, of Lisbon, O., capital $50,000-closed; resumed on Nov. 15. 29 Second national, of Springfield, O., goes into liquidation. Nov. 5-First national, of Flushing., O., suspends. 16-First national, of Emporia, Kan., closed. 28-Bank of Hornersville, N. Y., closes doors with liabilities of $75,000. 30-Second national, of Toledo, O., goes into voluntary liquidation.

20. January 13, 1899 The Holly Chieftain Holly, CO
Article from The Holly Chieftain, January 13, 1899

Click image to open full size in new tab

Article Text

BANK FAILURES. Jan. 17-State, Elmwood, III., $60,000. 24 -National, Paola, Kan., suspended. 31 - First national, Larimore, N. D., $71,754. Feb. 24-Bank of Southern Baltimore, $170, 000. Mar. 16-Home savings, Sioux City, Ia., $60, 000 Benson savings, Waterford, Pa., $40,000. 24-Bank of Merriam Park, St. Paul, Minn. People's state, Philadelphia, nearly $1,000,000. 25-Guarantors' Finance Co., Philadelphia, $1,047,500. Jun. 7-Delaware national, Delhi, N. Y., $25,000. 29-Thomas J. Kirby, private, Abilene, Kan., $283,000. Jul. .20-Commercial state, Marshalltown, Ia. 21-German savings, Doon, 1a., $59,474 Northern, Lexington, Ky. (suspended) 23-Tawas savings, Tawas City, Mich. (sus pended) Aug. 11-Bank of Waverly, III., $150,000. 27 -Fillmore county, Preston, Minn., $150,000. Sep. 14-D. F. Parsons, private, Burr Oak, Mich., $100,000. 15-Jasper, Aia., bank, $65,000. 26-Allegheny, at Clifton Forge, Va., lia bilities, $50,000. Oct. 4-Tradesman's national, at New York, $2,000,000 due depositors. Liabilities placed at $3,800,000. 13-Tioga national, of Oswego, N. Y., closed. 19-First national of Neligh, Neb., liabiliGerman national of Pitts ties $108,000 burgh, Pa., liabiliteis, $2,000,000. 21-First national, of Lisbon. O., capital 350,000-closed; resumed on Nov. 15. 29-Second national, of Springfield, 0, goes into liquidation. Nov. 5-First national, of Flushing., O., suy. pends. 16-First national, of Emporia, Kan., closed. 28-Bank of Hornersville, N. Y., closes doora with liabilities of $75,000. 30-Second national, of Toledo, O., goes into voluntary liquidation. Dec. 5-American savings, at Charleston, S. C., placed in hands of receiver. Liabilities, $100,000.

21. January 13, 1899 Barton County Democrat Great Bend, KS
Article from Barton County Democrat, January 13, 1899

Click image to open full size in new tab

Article Text

HAPPENINGS OF 1898. A Chronological Array of the Most Prominent Events. STORY OF SPANISH-AMERICAN WAR. Brief Mention of Financial Failures, Startling Oatastrophes and Crimes-Necrology of Year - Politics and Sport. / BANK FAILURES. Jan. 17-State, Elmwood, III., $60,000. 24-National, Paola, Kan., suspended. 31-First - national, Larimore, N. D., $71,754. Feb. 24-Bank of Southern Baltimore, $170,000. Mar. 16 Home savings, Sioux City, Ia., $60,000 Benson savings, Waterford, Pa., $40,000. 24-Bank of Merriam Park, St. Paul, Minn. People's state, Philadelphia, nearly $1,000,000. 25-Guarantors' Finance Co., Philadelphia, $1,047,500. Jun. 7-Delaware national, Delhi, N. Y., $25,000. 29-Thomas J. Kirby, private, Abilene, Kan., $283,000. Jul.20-Commercial state, Marshalltown, Ia. 21-German savings, Doon, la., $59,474 Northern, Lexington, Ky. (suspended). -Tawas savings, Tawas City, Mich. (suspended). Aug. 11-Bank of Waverly, Ill., $150,000. 27-Fillmore county, Preston, Minn., $150,000. Sep. 14-D. F. Parsons, private, Burr Oak, Mich., $100,000. 15-Jasper, Ala., bank, $65,000. 26-Allegheny, at Clifton Forge, Va., liabilities, $50,000. Oct. 4-Tradesman's national, at New York, $2,000,000 due depositors. Liabilities placed at $3,800,000. 13-Tioga national, of Oswego, N. Y., closed. 19-First national of Neligh, Neb., liabilities $108,000 German national of Pitts burgh, Pa., liabilities, $7,000,000. 21-First national, of Lisbon, O., capital $50,000-closed; resumed on Nov. 15. 29-Second national, of Springfield, O., goes into liquidation. Nov. 5-First national, of Flushing., O., suspends. 10-First national, of Emporia, Kan., closed. President suicides an hour later. 2S-Bank of Hornersville, N. Y., closes doors with liabilities of $75,000. S-Second national, of Toledo, O., goes into voluntary liquidation. Dec. 5-American savings, at Charleston, S. C., placed in hands of receiver. Liabilities, $100,000.

22. June 1, 1899 Audubon Republican Audubon, IA
Article from Audubon Republican, June 1, 1899

Click image to open full size in new tab

Article Text

Monday. The big troop transports on the Pa. cific coast are being rapidly fitted with refrigerators. Colonel Alfred E. Bates has reported for duty as assistant paymaster general. It is probable that Colonel Alired E. Bates will succeed Paymaster General Carey July 10, when Carey retires. President and Mrs. McKinley enter. tained Mr. and Mrs. St. Clair McKelway of the Brooklyn Eagle at dinne: last night. Word was received at Buffalo of the death of Mile. Rhea, the well known actress, in Montmorenci, France. The communication came in the shape of a large black bordered envelope con taining an announcement of her funeral. Director of Posts Vaille at Manila has notified the postoffice department that he has established the railway post service between Manila and Malolos, the former Filipino capital. This is the initial move in the direction of building up a railway mail service in the Philippines. The comptroller of the currency has declared dividends in favor of the creditors of insolvent national banks as follows: Fifteen per cent, the First National Bank of Larimore, N. D.; 10 per cent, the First National bank of Emporia, Kas.; 10 per cent, the National Bank of Kansas City, Mo. Specials to the Cincinnati Enquirer announce the acceptance by Colonei W. J. Bryan to lecture ad speak at the following cities in Indiana: erre Haute, Monday, May 29, to lecture on imperialism, under the auspices of the Jacksonian club; at Evansville, Tuesday, May 30, to address a big demo. cratic rally. The grain shovelers' strike at Buffalo has been settled. The agreement signed late last night by a sub-com mittee representing the strikers, of which President Keefe of the Longshoremen's association was a member and Contractor Conners, has been ap proved by the full committee of the Grain Shovelers' union. The strike is to be declared off and the men will / return to work Wednesday morning. Tuesday. The Baptist annual meeting will be held at San Francisco today, and will celebrate the semi-centennial of missionary work in California. Charles F. Brush, the inventor of the arc electric light, has been voted the Runford medal by the American Academy of Art and Sciences. The Cumberland Presbyterians, in session at Denver, have appointed a committee to raise $1,000,000 for church educational institutions. Secretary Alger has given authority to the West Point military academy to permit the resumption of football games between that institution and the naval cadets. The navy department has cabled an inquiry to Admiral Dewey regarding the itinerary of the homeward cruise of the Olympia. The Olympia will not leave Hong Kong much before June, spending a part of the time in dry dock getting in shape for her 14,000 mile trip. L. P. Mitchell, deputy comptroller of the treasury, has decided that retired naval officers cannot be appointed and paid as expert aid in the preparation of designs for new ships, etc., under the concluding paragraph of section 3 of the naval act of March 3, 1897, holding that a retired officer is not a civilian within the meaning of the act. The war on cigarettes has been renewed in Cincinnati and the women of Boston are protesting eloquently against southern lynching outrages. In both cases victory is looked for in the future. The transport Sherman has sailed for the Philippines, bearing 1,800 men, the largest number of soldiers to leave the San Francisco port on a single transport, and seventy-five officers, among them Brigadier General Bates. The entire Sixth infantry, under Colonel Kellogg, made up the greater part