12724. National Bank (Ashland, NE)

Bank Information

Episode Type
Suspension → Reopening
Bank Type
national
Bank ID
2921
Charter Number
2921
Start Date
July 5, 1893
Location
Ashland, Nebraska (41.039, -96.368)

Metadata

Model
gpt-5-mini
Short Digest
74f1d1dc

Response Measures

None

Receivership Details

Depositor recovery rate
100.0%
Date receivership started
1934-07-16
Date receivership terminated
1937-09-13
Share of assets assessed as good
63.0%
Share of assets assessed as doubtful
20.9%
Share of assets assessed as worthless
16.1%

Description

The National Bank (of Ashland, Neb.) suspended payment/failed in early July 1893 (reported July 5–7) with impaired capital (about 20% impairment). It was permitted to reopen after meeting Comptroller/Controller conditions and making its capital good; reopening reported Sept 5–27, 1893. There is no clear contemporaneous description of a depositor run on this specific bank in the articles — failures/embarrassment of related institutions (American Loan & Trust / American Savings Bank) appear to have precipitated the suspension.

Events (5)

1. April 10, 1883 Chartered
Source
historical_nic
2. July 5, 1893 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Interconnected distress with American Loan and Trust Company / American Savings Bank; bank described as an 'offshoot' of American Loan & Trust and capital reported impaired (~20%).
Newspaper Excerpt
The National Bank of Ashland suspended this morning with deposits of $120,000. O. M. Carter ... is president of this bank at Ashland.
Source
newspapers
3. July 6, 1893 Other
Newspaper Excerpt
Five national banks failed ... the National Bank of Ashland, of Ashland, Neb., ... Comptroller Eckels has directed Examiner Horine of the failed Ashland bank.
Source
newspapers
4. September 5, 1893 Reopening
Newspaper Excerpt
The National Bank of Ashland, Neb. which suspended payment July 5, 1893, having complied with the conditions imposed by the controller of the currency, and its capital stock being unimpaired, has been permitted to reopen its doors for business.
Source
newspapers
5. July 16, 1934 Receivership
Source
historical_nic

Newspaper Articles (14)

Article from The Herald, July 7, 1893

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BANKS. Comptroller Eckels' Information Abont Suspended Institutions. WASHINGTON, July 6.-The comptroller of the currency is informed that the First National bank of Los Angeles, Cal., and the Southern California National bank of the same place, which suspended recently, will open their doors for business again within 8 few days. The comptroller is informed that the First National bank of San Diego, which reopened for business yesterday, 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 Spoliane reopened for business this morning. Comptroller Eckels states that the information given out in his office yesterday that he directed Bank Examiner Wilson to take charge of the First National bank of Albuquerque, N. M., was a mistake. The name of the failed institution, is the Albuquerque National bank. F ve national banks failed yesterday and this morning. as reported to Comptroller Eckels. They were the American National bank of Pueblo, Colo., the Central bank of Pueblo, Colo., the Puget Sound National bank of Everett, Wash., the National Bank of Ashland, of Ashland, Neb., and the First National bank of Winslow, N. C. Comptroller Eckels 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; Examiner Cascadon, of the failed Winslow, N. C., bank. OMAHA, Neb., July 6.-The American Savinga bank has suspended. Deposits, $153,000; assets, $259,000. WATERTOWN, N. Y., July 6.-A run was started on the Jefferson County Savings bank today. The bank continued paying all demanda after closing hours and it is believed the run is over.


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 St. Paul Daily Globe, July 7, 1893

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ON FINANCIAL ROCKS. Two New Jersey Live Stock Corporations Fail. NEW YORK, July 6.-The New Jersey Sheep and Wool company and the Ganesvoort Market Sheep company,corporations under the laws of New Jersey, doing business at the Central stockyards at the foot of Sixth street, Jersey City, failed this morning. The announcement has caused some excitement at the stockyards, as it is feared that the failure of the firms will involve the failure of many small concerns. The sheep and wool company is backed by ex-Congressman James N. Pidcock and J. N. Pidcock Jr., C. Brand, of Trenton, is president of the company. The liabilities will exceed $500,000. What the assets are is not known. The offices of the companies are closed. OMAHA, Neb., July 6.-Word was received here this afternoon that the Commercial bank of Odell had suspended temporarily. Assets and liabilities not ascertained. PHILADELPHIA, July 6.-On application of counsel for Louisa W. Archer, of New York, Albert H. Harris and Henry C. Thompson Jr. have been appointed receivers of the Northwestern Hardware company, an Illinois corporation with offices in this city. The complainant filed a bill in equity in which she claims the company owes her $37,285 for which she holds its notes; that it is insolvent, having debts aggregating $325,000, and being liable on bonds and guarantee accounts to the amount of $250,000, and not being able either to meet its obligation or renew its credit. VAN BUREN, Ark., July 6.-L. C. Lock & Co., merchants at Alma, Ark., were closed yesterday by attachments aggregating $20,000. The liabilities are roughly estimated at $50,000, with assets about equal. CHICAGO, July 6. - The Wisconsin Furnace company, having an office at 70 Dearborn street, made an assignment today. The company has blast furnace plants at Fond du Lac, Wis. Forsythe, Hyde & Co. also transferred their effects to the same assignee. The assets were scheduled at $50,000. OMAHA, July S.-The National Bank of Ashiand suspended this morning with deposits of $120,000. O. M. Carter, of the American Loan aud Trust company, now in receiver's hands, is president of this bank at Ashland.


Article from The Record-Union, July 8, 1893

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Special to the RECORD-UNION. WASHINGTON, July 7.-The Star says: While members of Congress and leaders in financial matters are discussing various plans by which the present situation can be relieved, an official of the Treasury Department is quietly preparing statistics and histories of financial transactions as a benefit to the Administration to guide it in its own views on the vital subject. Several plans have been suggested to Secretary Carlisle. Among them is one which contemplates an entire change in the money system of the United States. In short, the plan is to pass a specie resumption Act redeeming all the various forms of money now in use in the country, and issuing instead a United States Treasury note whose value shall always be fixed. There is at present nine different forms of money in circulation, and the fact of the wide difference between the value of gold and silver coins, while they are theoretically of parity, is one of the causes which suggested the plan. The national banks during the past two months increased their circulation nearly $7,000,000. Orders for new circulation to the amount of $2,277,000 have been received thus far this month by Comptroller Eckels. The gold reserve at the close of business to-day was $96,943,921. CRISP'S POSITION ON SILVER. NEW York, July 7.-The Commercial Advertiser's Washington special says: When Speaker Crisp left here some weeks ago he was chagrined with the President's rejection of his wishes regarding certain offices, and he said the Administration will have to seek him in the future, and it did. In a short while he was summoned to Washington to confer with Carlisle. The silver men are whispering that if Crisp goes against them it will be because he has surrendered to the President's offer of patronage. Crisp maintains a diplomatic silence, but there is no room to doubt that he will sustain the President. BETTER FEELING AT NEW YORK. NEW York, July 7.-Interviews with Wall-street operators show a certain degree of cheerfulness over the first indications of an improvement in the monetary situation. Leading bankers say the demands for currency for shipment are not considerable and the requests for rediscounts from the country have become much lighter. A gratifying fact is noted that the country banks are beginning to pay off New York correspondents. A leading bank within the past day or two has begun to take up commercial paper at 10 to 15 per cent., according to grade and time. Hardly anything is doing as yet in time money. Well-informed operators do not look for more than temporary ease in the money market till about sixty days from now. RUN ON A SAVINGS BANK. WATERTOWN (N. Y.), July 7.-A run started on the Jefferson County Savings Bank yesterday. The bank continued paying all demands until after the closing hours, and it is believed the run is over. AN ASHLAND (NEB.) BANK FAILS. OMAHA, July 7.-The National Bank of Ashland, an offshoot of the American Loan and Trust Company, has failed. It had a capital of $100,000. A DES MOINES MERCHANT IN TROUBLE. DES MOINES (Ia.), July 7.-Attachments aggregating $20,000 and mechanics' liens to the amount of $89,000 have been filed against Lowry W. Goode of the Highland Park Land Company, Des Moines Electric and Water Power Company and other concerns with which Goode is prominently connected. Goode claims with time he will be able to pay. Theamountinvolved is probably $200,000. TWO MEAT ESTABLISHMENTS FAIL. NEW YORK, July 7.-The New Jersey Sheep and Wool Company and the Genesvoort Market Sheep Company, Jersey City, have failed. It is feared the failures will involve the failure of many small concerns. The liabilities exceed $500,000. The assets are not shown.


Article from New-York Tribune, July 8, 1893

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TROUBLES OF WESTERN BANKS. Omaha, Neb., July 7.-The American Savings Bank. which closed on Wednesday night. was put in charge of a special examiner by the State Banking Board yesterday. The bank is believed to be solvent. The National Bank of Ashland, an offshoot of the American Loan and Trust Company, also failed. It had a capital of $100,000. Minneapolis, Minn., July 7.-The Bank of NewEngland assigned yesterday to Judge John P. Rea. as the result of a suit brought by the Attorney-General on behalf of the State, alleging that the bank holds a balance of State funds now on deposit. aggregating $81,331 17. which it is unable to pay. The assets are placed at $280,000. Pueblo, Col., July 7.-There was no further run on the First National Bank to-day. Bank Examiner Adams has taken charge of the suspended banks here. and will push the examination of their affairs as rapidly as possible. Pine Bluif, Ark., July 7 (Special).-The Arkansas State Bank. of Stuttgart, and the Arkansas Farmers and Traders' Bank, of Dewitt. near this city, have closed their doors. Neither institution had large assets and depositors will not suffer to any considerable degree. Both banks were under the same management, and the recent failure of the Stutigart and Kansas River Railway, of which T. H. Leslie, the father of C. K. Leslie, the cashier of the banks, was president, precipitated the collapse. Red Cliff, Col., July 7.-The Eagle County Bank has suspended payment. Its capital is $12,000 and its assets, which are estimated at $40,000, are considered worth 100 per cent. The liabilities are $34, 000. The withdrawal of large sums on account of the drop in silver was the cause. Washington, July 7.-Controller Eckels is informed that the First National Bank of Hot Springs, S. D., and the Livingston National Bank of Livingston, Mont.. have closed their doors to business. Bank Examiner Diamond has been ordered to take charge of the Hot Springs bank. and Bank Examiner Flynn will take charge of the Livingston bank.


Article from The Star, July 12, 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 until after collection has been made by them. The First National Bank of San Diego, Cal.. which suspended a month ago, has re. sumed. ALBEQUERQUE, N. M.-The albequerque National Ban't suspended and the New Mexico Savings Bank and Trust Company, an adjunet, also closed. GOLDEN. Coto.-The Jefferson County bank in this city has made an assignment. PHILLIPSBURG, 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 Omaha 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 bank 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 Ashland clo ed its doors. The closing of the American Saving Bank of this city are sup. posed 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 had an excellent effect. OMAHA, NEB-The American savings bank suspended with deposits of $159,000 and assets of $259,000.


Article from Echo De L'ouest, July 13, 1893

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e Faillites de Banques et autres depuis quelques jours -Edw. J. Binford de Denver,Col., a fait faillite. Passif 218,000 dollars. L. Banque of Lesueur, de Le sueur, Minn., a ferme 8°B portes. Passif 225,000 dollars. La Albuquerque National Bank d'Albuquerque, N. M, a suspendu ses paiements. L'American National Bank de Puibla, Col., a déposé son bilan. Fermée est la Puget Sound Na tional Bank de Everett, Wash. La National Bank of Ashland, Neb., a fait faillite, ainsi que la First National Bank de Winston, N. C. M. Ward banquier de Forestville N, Y. g'est suicidé et il parait que le déposants ne verront ja mais grand chose de leurs 100,000 dollars. La Northern National BaLk de Big Rapids, Mich, a fermé ses portes. La Lloyd's National Bank de Jamestown N. D. a suspendu ses paiements. La "Normania Society" de Min neapolis a fait faillite. Passif 75,000 dollars. John L. Davie, banquier d'Auburn, Ill la Thorton Banking House de Shelleyville, Ill., et la Holt county of O'Neil, Nebraska ont fait faillite. Insolvables sont: L'Arkansas State Bank de Stuttgard. La Farmers et Traders Bank de De Wett, Ark. La Chamberlin Investement Co. de Denver, Col. A. Y. Davidson et Co. banquiers de Philadelphie, Pa. La State Bank de Shurbert Neb. La North Galveston Loan et Investement Association de Galveston Texas. La Kangas City Safe Deposit et Trust Co. de Kansas City, Mo., au capital de 300,000 dollare. Passif 1,700,000 doliars.


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 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 Omaha Daily Bee, September 2, 1893

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SINGLE COPY FIVE CENTS. ambert were so tic that they could scarcely contain themso A score or more of far western member ho had voted for repeal WON BY GLADST mendments and who had and against hour of their vote that believed up ti were in favor of free their constitu coinage were going about Washington Success Attends His Glorious Effort proudly displaying telegrams from influential citizens endorsing their votes. It seemed House of Commons. that nothing succeeded like success. The great majority seemed to overawe the minority. Senators who had up to that PASSAGE OF THE IRISH. HOME RU moment intended to vote for free coinage began. one by one, to announce their intention of supporting repeal. The great argument which turned men from free coinage Closing Scenes in the Struggle for I to repeal was not altogether the fact that the country has for some time been suffering Emancipation. from a lack of confidence in commercial circles, but a belief that an international silver arrangement would better be reached RESULT OF THE VOTE ON THE M after we had ceased to purchase silver and the onus of maintaining the silver market was thrown upon Europe. Miscel aneous. By a Majority of Thirty-Four the Isaac Pierson of South Dakota has been Puts Its Seal of Approval on I appointed chief of division in the third auditor's office. General Thomas J. Morgan, the well known commissioner of Indian affairs under WILD CHEERS FOR THE GRAND o President Harrison, and Mrs. Morgan have been for a brief time since leaving Washington in Brooklyn, and are now permanently Crowds Pack the Streets and in located in New York City at the Hotel BeresDemonstrative Ways Give Ver ford. They are widely known in Nebraska, where they have relatives. Their Feelings of Joyousne Assistant Commissioner Armstrong of the "God Save Ireland." Indian bureau has received a communication from Miss Emma Sickles of Nebraska, chairman of the committee on Indian affairs of the Universal Peace union. Miss Sickles LONDON, Sept. 1.-Mr. Gladston submits a vigorous protest against the sun dances practiced by the Indians at the home rule fight in the House of Com World's fair. She states that the common law ended. The bill was passed at 1 o'cl of humanity is opposed to such exhibitions, morning by a vote of 301 to 267. and that they are forbidden by laws of the hurried to the House of Lords, wh United States. They are brutal and cruel, it the first reading and adjourned. she says, as they intensify ill-feeling and hostility. There was unusual enthusiasm The First National bank of Grundy Cenroute from Mr. Gladstone's residen tre, Ia., which suspended recently, resumed House of Commons this afternoon. business today. o'clock when Mr. Gladstone left Bernhard F. Goerke was today appointed dence. This fact was announced postmaster at Burr, Otoe county, Neb., vice Michael Barteller. removed. cheering from the throngs near t Supervising Architect O'Rourke has made dence. Shortly afterwards his car a report as a result of his examination peared in sight of the crowds that 1 of the Chicago postoffice building, respectstreets. Mr. Gladstone was acco ing the unsafe condition of which there have been so many alarming statements. He says by his wife. He wore a white azal there is no immediate danger of its collapse, buttonhole of his coat. He was e but further than this he declines to express much pleased with the heartiness an opinion. greeting of the populace. The chee Commissioner Lochren has appointed the continued. Mr. Gladstone bowed co f. owing examining surgeons for the pension bureau: Leroy J. Cross and to the crowds on both sides of the s Hubbard Linley at Wilbur, Neb. acknowledgment of their plaudits. Charles M. Schindel at Atlantic, Ia. ception was a complete ovation W. J. Nolan, C. C. Birney and H. A. Powers mark of dissent to mar it. at Emmettsburg. Ia. G. J. Rumbaug and O.S. Reilly at Red Oak, Ia. As Mr. Gladstone, with bared hea R. R. Brown, son of J. J. Brown of Omaha, through the crowd and entered the has been in the city and in company of Senwas noticed that his face was very ator Manderson at the office of the compnumber of Irish priests were prom troller of the currency in reference to the rethe crowd in front of the house an opening of the suspended national bank at their hats as the prime ministe Ashland, Neb. The comptroller has informed them. the bank officers that as soon as its impaired Cheered by His Followers. stock is made good it can resume. The impairment amounts to about 20 per cent. The prime minister was loudly ch PERRY S. HEATH. his followers as he entered the ho walked to his sant The galleries n


Article from Evening Star, September 5, 1893

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Another Bank Resumes. The National Bank of Ashland, Neb. which suspended payment July 5. 1893, having complied with the conditions imposed by the controller of the currency, and its capital stock being unimpaired, has been permitted to reopen its doors for business


Article from The Middleburgh Post, September 21, 1893

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locate their us. Dr. Hartman, an old and prominent physician of Anllville, Mo., was shot and instantly killed by William Powell, of that place. The difficulty originated from an old feud between the two men. Henry S. Cochran. the embezzling Philadelphia Mint weigher, was arraigned and held 111 $30,000 bail in order to give him time to procure counsel. Supt. Bosbyshell testified that the shortage amounted to $28,000. Financial and Commercial. The first National Bank, of Russell, Kas., and the Ains worth National Bank of Portland, Ore., which suspended some time ago have been , uthor zed to resume business. No bank failures have been reported since August 28, The National bank of Ashland, at Ashland. Neb ,resumed business in an excellent condition.


Article from The Star, September 27, 1893

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Financial and Commercial. The National bank of Ashland, at Ashland, Neb., resumed business in an excellent condition. The Exchange Bank at Wheeting, W.Va., which suspended last month, has reopened under a new organization and largely increased capital. This resumption will release about $900,000 which has been tied up. The Rocky Mountain Dime and Dollar Savings Bank, of Denver, opened for business. This is the first of the four failed savings banks to resume. Deposits amounted to fully five times the withdrawals. The daily statement of the United States treasurer shows for the first time in two weeks t he receipts of the government to be in excess of the expenditures, the figures for the month thus far standing as fotlows: Receipts, $17,272,851; expenditures, $17,062,000, Of the latter amount $8,518,500 was on account of pensions. The gold reserve to. day was $95,684,317. The net balance is now $11,819,278.