1257. Central National Bank (Pueblo, CO)

Bank Information

Episode Type
Run → Suspension → Reopening
Bank Type
national
Bank ID
2541
Charter Number
2541
Start Date
July 5, 1893
Location
Pueblo, Colorado (38.254, -104.609)

Metadata

Model
gpt-5-mini
Short Digest
3a6509a9213080d7

Response Measures

Partial suspension, Full suspension, Books examined

Description

Multiple contemporaneous articles report heavy withdrawals/runs on Pueblo banks in early July 1893. The Central National closed/suspended around July 5, 1893 amid the panic triggered by the American National's suspension and broader Colorado mining/silver-related scare. Bank examiner permission and Comptroller actions are reported, and the Central National was permitted to resume on Aug 19, 1893. Later material (1894 notice) indicates resumption certificates were paid; in 1898 the bank appears in a voluntary liquidation list. Sequence: run → suspension → reopening (resumption).

Events (5)

1. July 6, 1881 Chartered
Source
historical_nic
2. July 5, 1893 Run
Cause
Macro News
Cause Details
Panic stemming from the suspension of the American National and broader Colorado mining/silver panic (the edict of the mining men and failures elsewhere) triggered heavy withdrawals.
Measures
Closed doors; posted notice (implicitly to suspend until money could be secured).
Newspaper Excerpt
After the suspension of the American National became known something of a run was started on the First National bank... The Central National closed up at once
Source
newspapers
3. July 5, 1893 Suspension
Cause
Macro News
Cause Details
Suspension caused by heavy withdrawals/runs tied to the wider panic and the American National's suspension; inability to meet sudden cash demands despite apparently ample assets on paper.
Newspaper Excerpt
The Central National closed at noon. This bank does a light business, but withdrawals of deposits had been so heavy of late that they could not stand any further run.
Source
newspapers
4. August 19, 1893 Reopening
Newspaper Excerpt
Bank Examiner J. Sam Brown today gave permission to the Central National bank, which suspended July 15, to resume business Monday morning.
Source
newspapers
5. January 15, 1898 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (24)

Article from Grand Rapids Herald, July 6, 1893

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COULD NOT GET CASH. The Solvent Pueblo Banks Were Forced to Suspend. PUEBLO. Colo., July 5. -The American National bank was not opened this morning Notice on the door stated that the bank will resume as soon as it can secure money on its paper. The suspension was a general surprise and a large number of depositors will have to wait a couple of weeks for their money. The bank has assets of over a million and a quarter, yet could not get hold of sufficient currency on any terms, to keep going and closed in order to give every. body an even chance. Liabilities, in eluding deposits, are $630,000. The officers are men of large individual wealth and excellent standing. O.H. P. Baxter is president, and Robert Gib son cashier. Either of them could carry the bank's debts if it were possible to raise money in the usual ways. The affair is in no sense a failure. as all the depositors are sure of their money as soon as an adjustment of af fairs can be made. After the suspension of the American National became kn onn something of a run was started on the First National bank but as there is not a more solid institution in the state. and as it was ready for every body, the run did not last long. It served, however. to frighten two of the other banks. The Central National closed up at once and the Western National closed the moment that an un usual number of calls for money ap peared These are all sound concerns and the ameta are ample. The Central National has assets of $200,000 and lia bilities of $85,000. Its president. D.L. Holden, is a man of large property The Western can pay all depositors twice and then have enough for all stock holders. This statement in made by the president. W. L. Graham.


Article from Richmond Dispatch, July 6, 1893

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Colorado Banks Suspend. [By telegraph to the Dispatch.) PUEBLO, COL., July 5. - -The American National Bank has suspended. The assets are placed by the bank's officers at $1,250.000 and the liabilities at $635,000. O. H. P. Baxter, one of the wealthiest men in the State, is president. It is believed that the bank will be able to resume shortly. because its assets are in good shape. There 18 no excitement among the depositors of the other banks. After the suspension of the American National became known something of a run was started on the First National Bank, but it was ready for everybody, and the run did not last long. It served, however, to frighten two of the other banks. The Central National closed up at once and the Western National closed the moment an unusual number of calls for money ap. peared. These are all sound concerns and their assets are ample, The Central Na. tional has assets of $200,000 and liabilities of $85,000. "The Western can pay all depositors twice and then have enough for all stockholders" is the statement made by its president, W. L. Grabam. FLORENCE, COL., July - The Bank of Florence closed its doors this afternoon after a short run. The bank is a branch of the American National at Pueblo and the closing of that institution caused it to suspend. The assets are claimed to be in excess of the liabilities, and the claim is made that depositors will be paid in full.


Article from The Morning News, July 6, 1893

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A PUEBLO BANK CLOSED. Its Assets Estimated at Twice its Liabilities. Pueblo, Cal., July 5.-The American National Bank has suspended. The assets are placed by the bank's officers at $1,250,000 and the liabilities at $635,000. O. H. P. Baxter, one of the wealthiest men in the state, is president of the bank. It is believed that the bank will be able to resume shortly because its assets are in good shape. There is no excitement among tho depositors of other banks. After the suspension of the American National became known something of a run was started on the First National Bank, but it was ready for everybody and it did not last long. It served. however, to frighten two of the other banks. The Central National closed up at once, and the Western National closed the moment an unusual number of calls for money appeared. These are all sound concerns, and theirassets are ample. The Central National has assets of $200,000, and liabilities of $83,000. "The Western can pay all depositors twice, and then have enough for all the stockholders,' is the statement made by its president, W. L. Graham. THE BANK OF FLORENCE CLOSED. Florence, Col., July ..The - Bank of Florence closed doorsthisafternoon, after a short run. The bank is a branch of the American National at Pueblo, and the closing of that institution caused it to suspend. Assets are claimed to be in excess of the liabilities, and a claim is made that depositors will be paid in full.


Article from Wheeling Register, July 6, 1893

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WHEELING PEOPLE INTERESTED. Four National Banks at Pueblo, Col., Affected by Heavy Runs--Two of Them Close. PUEBLO, COL., July 5.-The bank panic did not reach Pueblo until this morning. But then it came with a vengeance. Runs were made on the American National, Western National and the First National. The Western National closed its doors before noon. They have deposits of over a million dollars, and have always been considered very strong. The depositors at the First National to-day were paid as fast as the paying teiler could handle them, and the general expectation is that this bank will be able to pay their creditors in full. The Central National Bank closed at noon. This bank does a light business, but withdrawals of deposits had been so heavy of late that they could not stand any further runs. PUEBLO, COL., July 5.-The American National Bank has suspended. When the opening hour arrived this morning the bank's doors were not-opened and a notice posted stating that the bank had suspended. The assets are placed by the bank's officers at $1,250,000. and the liabilities at $635,000. O. P. Baxter, one of the wealthiest men in the State, is President of the bank. It is believed the bank will be able to resume shortly, because its assets are in good shape. There is no excitement among the depositors of theother banks. [Mr. Robert Gibson, formerly of Wheeling, is Cashier of the American National, and Mr. S. F. Crawford, also a native of Wheeling, Assistant Cashier.)


Article from The Morning Call, July 6, 1893

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BUSINESS REVERSES. Three Banks in Pueblo, Colo., Forced to Close. PUEBLO, Colo.. July 5.-The - bank panic did not reach Pueblo until this morning. Then it came with a vengeance. When the American National opened for business a large number of depositors were waiting to take out their money. The crowd grew and about 10 o'clock the doors were closed. A notice was posted which stated that the bank would commence business again soon. The assets are $1,250,000 and the liabilities $650,000. Runs were commenced 00 both the Western National and the First National. The Western National closed its doors before noon. The Western has deposits of over $1,000,000 and has always been considered very strong. Hundreds stood in and about the First National Bank. all day and depositors were paid as fast as the paying teller could handle them. The general expectation is that the First National will be able to pay its creditors in full and that it cannot be forced to close. The Central National closed at noon. Its assets are about $170,000 and its liabilities about $70,000. A run was made on the Pueblo Savings banks, but the bank took advantage of the law, which allows them sixty days, and the bank is regarded as perfectly safe. A much better feeling prevailsthis evening and the worst is believed to be past.


Article from The Sun, July 6, 1893

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PUEBLO'S BANKS SUSPEND. THE EDICT OF COLORADO MINE OWN. ERS CAUSES A TEMPORARY SCARE The Confidence or the People is Shaken and They Start a Ren-Three or the Banks Are Sound and May Reopen-Despondency nt Denver Giving Way to Better Feeling. PUEBLO, July 5.-The edict of the mining men last week severely shook the confidence of the people of Colorado. and the failure of small banks in mining towns resulted. The scare crept into the large towns. and this morning the American National Bank of Pueblo opened its doors to find n crowd of depositors waiting to withdraw their money. The bank closed its doors and posted a notico stating its assets to be $1,250,000 and its liabilities $635,000. This started a run on the other banks of the city. and at noon the Western National. the Central National. and the Pueblo savings banks all closed for the day. President W. L. Graham of the Western said to-night that his bank has three times the necessary assets to meet all liabilities. and he regretted very much that he had to close his bank. but deemed It best. When confidence is restored and time 18 given to make collections on outstanding notes the bank will be able to resumo. President D. L. Holden of the Central states that the bank is sound and will certainly resume. The Pueblo Savings Bank has its securities in first-class order and will be only temporarily embarrassed. The condition of the American National is not considered NO bright. and though all its liabilities may he met. It is now not thought that the bank will resume It is a young bank. and its policy has been to bid strongly for business It had for correspondents within the State a number of country banks whose failures crippled 11. President Baxter is one of the most wealthy men of Colorado. and he alone is good for all the liabilities. The fear is maining ground that these bank failures may drag down prominent firms. not only in this city but in every section of the State. Colorado has resources enough to meet all its obligations.


Article from The Weekly Tribune, July 7, 1893

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A BANK SCARE. Fueble Banks Experience a Run-Three Succumb to the Strain. PUEBLO, Col., July 5. The bank panie did not reach this city until this morning. But then it came with a vengeance. For a week or more past large withdrawals have been made from the banks almost daily, and the American National when it opened for business this morning found a large number of depositors waiting to take out their money. The crowd continued to grow and it soon became evident that with the ready cash on hand they could not hold out much longer and about 10 o'clock the doore were closed. A notice was posted stating that the bank would commence business again soon. and that the assets were $1,250,000 and the liabil ities 8650,000. Runs had already commenced on both the Western National and First National. The Western National closed its doors before noon. They have deposits of over a million dollars and have always been considered very strong. The Central National closed at noon. This bank does a light business, but the withdrawale of deposits had been SO heavy of late that they could not stand any further run and they thought it best to close. Their assets are about 870,000 and liabilities about $70,000. A sort of a run was also made of the Pueblo Savings bank, but they took advantage of the law which allows them sixty days and the bank IS regarded as perfectly safe, There is a much better feeling this evening and the worst is believed to be past.


Article from The Morning Call, July 7, 1893

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play a part in the selection of the Speaker. The announcement that there is a possibility that Bland may be replaced as chairman of the Committee of Coinage, Weights and Measures has them to renewed efforts. Stories of an attempted combination between the free silver advocates and the Populists to place a candidate for the speakership in the field unless they have an assurance from Crisp that Bland will be retained at the head f"the committee are floating about. but are not generally credited, for, though it is openly said by some that Bland will not again be chairman of the committee, there are no facts that would warrant such an assertion. Crisp has not even intimated such a thing. Among the more conservative the impression is that Bland will lead the committee. This would not, however, indicate that the entire committee will remain. It is known that Crisp has made absolutely no pledges one way or the other. Senator Harris, President pro tem. of the Senate, says there will be filibustering in the Senate against the bill to rapeal the Sherman law. Comptroller Eckels states that from information given out in his office yesterday he directed Bank Examiner Wilson to take charge of the First National Bank of Albuquerque, N. Mex., through a mistake. The name of the failed bank is the Albuquerque (N. Mex.) National Bank. Five national banks failed yesterday and this morning, as reported to Comptroller Eckels. They were: The American National Bank of Paeblo, Colo.; Central National Bank of Pueblo, Colo.; Puget Sound National Bank at Everett, Wash.; National Bank of Ashland, Ashland, Nebr., and the First National Bank of Winston, N. C. Comptroller Ecke's has directed Examiner Brown to assume charge of the two above-named failed banks at Pueblo, Examiner Horine of the failed Ashland Bank, Examiner Cleary of the failed Everett Bank and Examiner Carscadon of theifailed Winston Bank. The Comptroller of the Currency has been informed that the First National Bank of Los Angeles and the Southern California Bank of the same place, both of which suspended recently, will open their doors again for business within a few days. The Comptroller has also been informed that the First National Bank of San Diego, which reopened for business yesterday, has received deposits to the amount of $25,000, as against withdrawals to the amount of $8000. This is regarded as evidence of returning confidence. The Washington National Bank of Spokane reopened for business this morning. The gold in the treasury now amounts to $96,778,943.


Article from New-York Tribune, July 7, 1893

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FAILURES OF WESTERN BANKS. A FEW MORE SUSPENSIONS REPORTED-TWO BANKS RESUME AGAIN. Omaha, Neb., July 6.-The American Savings Bank suspended this morning with deposits of $133,000 and assets of $239,000. It was involved in the embarrassment of the American Loan and Trust Company. through the latter's enterprise, the Omaha and South Texas Land Company. Everett. Wash., July 6.-On account of inability to realize on securities the Puget Sound National Bank. of Everett. suspended yesterday. The suspension is said to be owing to the refusal of Eastern banks to honor heavy drafts on security affirmed. No statement is yet made. The bank's capital is $100,000. Worthington, Minn., July 6.-The Noble County Bank closed its doors yesterday morning, and its owner, Peter Thompson. made an assignment. Several thousand dollars of county money are tied up. Sumas, Wash., July 6.-The Bank of Sumas suspended payment on Monday. No statement was made. but it is thought creditors will be paid in full. Topeka. Kan., July 6.-Two Kansas banks closed their doors yesterday. The failure of the Finney County Bank, at Garden City, was not unexpected. as the bank has for "Some time been in bad condition. The bank of Leroy, Coffey County, also closed. Washington, July 6.-The Controller of the Currency is informed that the First National Bank of Los Angeles, Cal., and the Southern California Bank of the same place. which suspended recently, will few open their doors for business again within a days. Controller Eckels is adopting precautions in all cases where suspended banks apply for permission to resume. to make sure that the banks are put on an absolutely sound basis before the request is granted in order to guard againt a second suspension within a short time. The Controller is informed that the First National Bank of San Diego, Cal. which reopened for business yesterday, received deposits to the amount of $25.000, as against withdrawals to the amount of $8,000. This is regarded as an evidence of returning confidence. The Washington National Bank of Spokane reopened for business this morning. Controller his Pckels states that the information given out m office yesterday that he had directed Bank Examiner Wilson to take charge of the First National Bank of Albuquerque, N. M., was a mistake. The name of the failed bank was the Albuquerque, N. M., National Bank. Five National banks failed yesterday and this morning, as reported to Mr. Eckels. They were the American National Bank of Pueblo, Col.: the Central National Bank of Pueblo, Col.: the Puget Sound National Bank, of Everett. Wash.: the National Bank of Ashiand, Neb., and the First Na tional Bank of Winston, N. C. Controller Eckels has directed Examiner Brown to assume charge of the two banks at Pueblo. Examiner Horine of the Ashland bank, Examiner Cleary of the Everett bank and Examiner Carskadon of the Winston bank.


Article from The Middleburgh Post, July 13, 1893

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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. BALTIMORE, Mo.-The individual banks of this city and the Clearing House association have refused to longer assume responsbility for checks, etc., deposited with them antil after collection has been made by them. The First National Bank of San Diego, Cal., which suspended a month ago, has reumed. ALBEQUERQUE, N. M.-The albequerque National Ban's suspended and the New Mexico Savings Bank and Trust Company, an adjunct, also closed. GOLDEN. Coto.-The Jefferson County bank in this city has made an assignment. PHILLIPSHURG, MONT.-The First National bank closed its doors. Ward's bank of Fosterville, N. Y., has failed. There were $75,000 of deposits. The body of the proprietor was found in the rear of his house. He CO nmitted suicide. WINNIPEG, MAN.-The Commercial bank of Manitoba has been declared insolvent and liquidators have been ap: ointed. The bills of the bank are as good as gold under the Dominion law. The American Loan and trust Company Omaha, Neb., went into the hands of a receiver. The company has a paid up capital of $400,000. The cause of the failure was the failure at Houston, Tex., of the Omaba and Houston Improvement Company The Finley county bank of Garden City, Kas., has failed. The American National bank of Pueblo, Col., was not opened Wednesday morning. Notices on the door stated that the bank will resume as soon as it can secure money on its paper. After the suspension of the American National ban't became known. the Central National and the Western National closed. These are all sound concerns and assets are ample. NEW YORK.-The New Jersey Sheep and Wool Company and the Gausevort Market Sheep Company failed Thursday morning. It is feared the failures will affect many small concerns. The liabilities will exceed $500,000. OMAHA. NEB.--The National bank of Ashand clo ed its doors. The closing of the American Saving Bank of this city are supposed to be the cause of the failure. NEW YORK.-A run started on the Jefferon County Savings bank. Governor Flower was present and in a speech gave assurance that the bank was entirely safe. The speech bad an excellent effect. OMAHA, NEB-The American savings bank suspended with deposits of $153,000 and assets of $259,000.


Article from Barton County Democrat, July 13, 1893

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THE CRISIS AT PUEBLO. The Panic Was Slow Getting There, but It Came at Last. PUEBLO, Col., July The bank panic did not reach Pueblo until yesterday. But then it came with a vengeance. A week or more past large withdrawals have been made from the banks almost daily, and the American National, when it opened for business, found a large number of depositors waiting to take out their money. The crowd continued to grow and it soon became evident that with the ready cash on hand they could not hold out much longer, and about 10 o'elock the doors were closed. The notice posted stated that the bank would commence business soon again and that the assets were $1,250,000 and the liabilities $650,000. Runs had already commenced on both the Western National, of which V. L. Graham is president, and the First National, H. D. Thatcher, president. The Western closed its doors before noon. They have deposits of over $1,000,000 and have always been considered very strong. The Central National, of which Delos L. Holden is president, closed at noon. This bank does a light business, but withdrawals of deposits had been so heavy of late that they could not stand any further run, and they thought it best to close. Their assets are about $170,000 and liabilities $70,000.


Article from Chicago Eagle, July 15, 1893

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NATIONAL BANKS COLLAPSE. Five More Placed in Charge of Examiners -Other Business Troubles. Five national banks failed Thursday, as reported to Comptroller Eckels. They were; The American National Bank of Pueblo, Col. : the Central National Bank of Pueblo, Col.: the Puget Sound National Bank of Everett, Wash.: the National Bank of Ashland, Ashland, Neb.; and the First National Bank of Winston, N. Y. Comptroller Eckels has directed Examiner Brown to assume charge of the two failed banks at Pueblo, Examiner Hovine of the failed Ashland bank. Examiner Cleary of the failed Everett Bank. and Examiner Carskadon of the failed Winston Bank At Omaha. the American Savings Bank suspended. with deposits of $153,000 and assets of $259,000. It was involved by the embarrassment of the American Loan and Trust Company, through the latter's enterprise, the Omaha and South Texas Land Company. L. C. Lock & Co., merchants of Alma. Ark., have been closed up on attachments aggregating $20.000. Receivers were appointed for the Northwestern Hardware Company. an Illinois corporation. with offices in Philadelphia


Article from Idaho County Free Press, July 21, 1893

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They were both employed in the telegraph business. Mariano Leyva, a wealthy farmer of the valley of Mexico, was crossing a range of mountains recently, when he lost his footing and was precipitated into a deep chasm. He could not climb out, and remained on a small shelf of rock overhanging a precipice seven days without food or water. The Terre Haute car works, one of the largest of its class in the west and the largest in the state of Indiana, assigned Tuesdav. It employed 900 men and did an annual business of $3,000,000. The stringency in the money market was the cause. Contingent liabilities $84,467. Assets nearly $600,000. An Egytian medical delegate to Mecca says the deaths there are double the number officially reported. In the valley of Mouna it is impossible to bury the dead. The road between there and Mecca is strewn with corpses. In Mecca the bodies lie decomposed for days, owing to the impossibility to get grave-diggers. Stein's Pillow is a rectangular rock from 20 to 40 feet across it, which lifts its head way above the trees in pine timber on the south bank of Mill creek, about 18 miles east of Prineville, Crook county Or. Many persons have guessed at its height but no one knows it. Some people think it is 700 feet high. Vice President Stevenson and party of personal friends will leave Chicago next Monday night for the Pacific coast and Puget sound country. They will visit Los Angeles, San Diego, San Francisco, Portland, Tacoma, Seattle and other points of interest and return via the Great Northern railroad. Ben Howe, 25 years old, an employe of the Spokane Chronicle, treasurer of Lodge No. 103, I. O. O. F., and a prominent Son of Veteran, has absconded, after embezzling $1,100 belonging to the Odd Fellows and $100 belonging to the Sons of Veterans. He was infatuated with a prostitute, on whom he squandered the stolen money. Chicago was visited Sunday afternoon by the most terrific storm it has experienced in several years. The wind blew almost a hurricane, leveling trees and breaking in windows, and the rain fell in torrents. Many pleasure boats on the lake were overturned and sunk. The loss of life is unknown, but at least ten persons are known to have been drowned. On the Fourth, at Gladstone, Oregon, near Oregon City, a distressing accident happened. A team of horses ran away, throwing the occupants of the carriage over a bluff. Mrs. M. P. Bradley and four children fell forty feet. The mother and the baby were killed, the others seriously injured. Mr. Bradley, who was driving, escaped. Several Colorado banks have failed in the last few days. The American national, the Western national, the Central national and the First national at Pueblo, Colorado, are in trouble. The first three have suspended. All the banks in silver mining districts are in great danger of failure, owing, to the threatened fall of silver. Henry Gee, supervisor of the roads about Sheridan, Oregon, is giving the farmers great relief in fixing roads leading into that city. Three-quarters of a mile leading to McMinnville, and equal distance on the North Yamhill road is being macadamized sixteen feet wide. The county furnishes the crushed rock, the city pays one half the expense of construction, and the balance is made up by private subscription. Word reached Topeka, Kan., Monday night from Englewood, Star county, of the drowning of William Wadell, his wife and four children, while in camp on the


Article from The Wichita Daily Eagle, August 20, 1893

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WILL RESUME. PUEBLO, Col., Aug. 19.-The Central National bank, which suspended on July 15, will resume business on Monday morning. The American and the Western National banks will probably resume at an early date. WASHINGTON, Aug. 19-The Waxahachie National bank of Waxahachie, Tex., which suspended payment on Aug. 11, was today permitted to resume business.


Article from The Anaconda Standard, August 20, 1893

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THE WORLD OF FINANCE. The List of Failures Is Growing Smaller Every Day. HAVANA, Aug. 19.-The - Bank of Commerce of this city has suspended. NEW YORK, Aug. 19.-Following is the bank statement: Reserve, $4,499,000; loans decreased, 5,255,000; specie increase, 4,728,000; deposits, 1,901,000. Banks now hold $12,045,000 below the rule. LONDON, Aug. 19.-Gold to the amount of £110,000 was withdrawn to-day from the Bank of England for shipment to the United States. The Campania sails from Liverpool to-day with £865,000 and the New York from Southampton with £501,000. CHICAGO, Aug. 19.-The Anderson Pressed Brick company made an assignment to-day. The plant is valued at $350,000 and there is about $200,000 worth of completed brick in stock. The liabilities are chiefly to the stockholders. ST. Louis, Aug. 19.-The Greely-Burnham Grocer company filed articles of assignment this afternoon. The firm has not been engaged in active business, having been in liquidation since May 1 last. The assets are stated to be $352,842; liabilities, $300,000. If no shrinkage occurs in the assets the firm will be able to meet all obligations. PUEBLO, Colo., Aug. 19.-Bank Examiner J. Sam Brown to-day gave permission to the Central National bank, which suspended on July 15, to resume business Monday morning. The American and Western National banks. which suspended the same day. received permission from Comptroller Eckels to resume. and are rapidly complying with the conditions required. NEW YORK, Aug. 19.-An evening paper says the discharge of a number of mon at the Havemeyer sugar refinery at Williamsburg this afternoon brought out the fact that about 2,300 men have been laid off during the week. There is a probability that the entire force of 3,000 will be laid off Monday next. It is also reported that the Havemeyer refinery at Green Point, employing almost as many hands as the Williamsburg establishment, is closed.


Article from St. Paul Daily Globe, August 20, 1893

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Will Resume. PUEBLO, Col., Aug. 19.-Bank Examiner J. Sam B rown today gave permission to the Central National bank, which suspended July 15, to resume business Monday morning. The American and Western National banks, which suspended the same day, have received permission from Comptroller Eckels to resume, and are rapidly complying with the conditions required.


Article from The Indianapolis Journal, August 20, 1893

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Business Embarrassments. ST. LOUIS, Aug. 19.-The Greely-Burnham Grocery Company, whose business was some months ago merged with that of E. G. Seudder & Co., into the Sendder-Gate Grocery Company, has become embarrassed. Its liabilities aggregate about $300,000, with assets about the same. The embarrassment is of the old company-the Greely-Burnham grocery-and concerns only that portion of its affairs which was not made part of the consolidated firm and which has been in process of liquidation since the consolidation. CHICAGO, Aug. 19.-The Chicago Anderson Pressed-brick Company made an assignment to-day. The company is one of the largest concerns of its kind in the city. Its plant 18 valued at $350,000, and there 18 about $200,000 of completed brick in stock. Owing to having a large stock of brick on hand early this year, which it was unable to sell, the company has done little manufacturing this summer, and only a few will be made idle. The liabilities are chiefly to stockholders. PUEBLO, Col., Aug. 19.-Bank Examiner Samuel J. Brown to-day gave permission to the Central National Bank. which suspended July 15, to resume business Monday morning. The American and Western national banks, which suspended the same day, have received permission from Controller Eckles to resume, and are rapidly complying with the conditions required. Danville, III., Ang. 19.-Confessed judg. ments aggregating $14,000 were taken today against the dry goods firm of R. A. Short & Co. The judgments are in favor of the First National Bank and relatives who were confidential creditors. An assignment to John W. Dale will follow. Assets. $40,000; liabilities not known. NEWARK, N. J., Aug. 19.-Edward Q. Keasby, of this city, has been appointed receiver of the T. L. V. Land and Cattle Company, which has been doing business in Logan and Custer connties, Nebraska. DUBUQE, Ia.. Aug. 19.-Bank Examiner McHugh took charge of the First National Bank this morning, and to-night said the bank 18 solvent, and sees no reason why it should not resume in a few days. NEW YORK, Aug. 19.-An attachment has been obtained in this city against the Ivorold Manufacturing Company, of Lansinburg. N. Y. The company has a capital stock of $100,000, NEW YORK, Aug. 19.-William Avers, importer and dealer in handkerchiefs, to-day assigned to William McBride, with preferences of $10,000. PROVIDENCE, R. I., Aug. 19.-David Harley & Co., dry-goods dealers, of Pawtucket, have assigned. The stock is valued at $100,000.


Article from The Herald, August 20, 1893

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Pueblo Banks Resuming. PUEBLO, Colo., Aug. 19.-Bank Examiner J. Sam Brown today gave permission to the Central National bank which suspended July 15th to resume business Monday morning. The American and Western National banks which suspended the same day have received permission from Comptroller Eckles to resume and are rapidly complying with the conditions required.


Article from The Seattle Post-Intelligencer, August 20, 1893

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Pueblo Banks to Resume Soon. PUEBLO, Col., Aug. 19.-Bank Examiner J. Sam Brown today gave permission to the Central National bank, which suspended July 15, to resume business Monday morning. The American and Western National banks, which suspended the same day, have received permission from Comptroller Eckels to resume, and are rapidly complying with the conditions required.


Article from The Sun, August 21, 1893

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Banks to Reopen. PUEBLO. Col. Aug. 19.-Bank Examiner J. Samuel Brown to-day gave permission to the Central National Bank. which suspended on July 15. to resume business Monday morning. The American and Western National Banks. which suspended the same day. have received permission from Comptroller Eckels to resume, and are complying with the conditions required. DUBUQUE. Aug. 19. - Bank Examiner McHugh took charge of the First National Bank this morning. and to-night said the bank is solvent. He sees no reason why it should not resume in a few days.


Article from Deseret Evening News, August 21, 1893

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Will Resume. GREAT FALLS, Mont, Aug. 19.The First National bank of this city will probably resume. PUEBLO, Colo., Aug. 19,-Bank Examiner J. Sanborn today gave permission to the Central National bank, which suspended July 15th, to resume business Monday morning. The American and Western National banks, which suspended the same day, received permission from Comptroller Eckels to resume.


Article from The Meeker Herald, August 26, 1893

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Three of the suspended national banks of Denver have resumed business again. They are-the National Bank of Commerce, the People's national and the Union national. The Central national of Pueblo, the Greeley national of Greeley, the American national of Leadville, and the First national of Rico, have also resumed. This shows that confidence is returning and the outlook for Colorado much brighter.


Article from The Bessemer Indicator, January 20, 1894

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NOTICE TO DEPOSITORS Of the Central National Bank. When the Central National bank of Pueblo, then suspended, asked its depositors for an extension it said to them. We expect that this bank, from the exceptionally favorable character of its assets. will be able to pay off these proposed time certificates long before they fall due, and it will be our endeavor to do so." That expectation has been fulfilled, and we gladly keep our promise. This bank is now ready to pay all of its resumption certificates, and will do so on demand. with interest to date of presentation DELOS L. HOLDEN, President.


Article from The Herald, January 30, 1898

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National Bank Changes The latest bulletin of the comptroller of the currency, dated Jan. 24 1898, gives the following among other changes: National Bank Organized-The First National bank of Leonard, Texas; capital, $50,000; J. O. Kuyrkendall, president; W. L. Reed, cashier. Application to Organize National Bank Approved-The First National bank of Lake Mills, Iowa; capital, $50,000; by the following persons: B. H. Thomas, O. V. Eckert, L. B. Nerby et al. Voluntary Liquidations-The First National bank, Bath, N. Y. ; the Central National bank of Pueblo, Colo.; the Alexandria National bank, Alexandria, Ind. Insolvent-The First National bank of Pembina, North Dakota, was on January 19, 1898, placed in the hands of William J. Kneeshaw, receiver. Change of Title-The Merchants and Manufacturers' National bank of Middletown, N. Y., changed to the Merchants' National bank of Middletown, January 18, 1898.