1279. Denver Savings Bank (Denver, CO)

Bank Information

Episode Type
Run → Suspension → Reopening
Bank Type
savings bank
Start Date
July 17, 1893
Location
Denver, Colorado (39.739, -104.985)

Metadata

Model
gpt-5-mini
Short Digest
9b72c83e

Response Measures

Partial suspension

Other: Assigned to an assignee / liquidated (equivalent to suspension followed by assignment).

Description

Contemporaneous articles (July 1893) describe a run/heavy withdrawals and the bank invoking thirty/sixty-day notification limits. The bank later assigned (Sept 1, 1893) and was said to liquidate, but then resumed business Jan 2, 1894 and paid dividends/partial payments — so the sequence is run → assignment/suspension → reopening. Cause attributed to the general hard times/depression (panic of 1893) and inability to realize on securities. OCR inconsistencies corrected (e.g., dates and wording).

Events (3)
1. July 17, 1893 Run
Cause
Macro News
Cause Details
Heavy withdrawals beginning in May and through July driven by the nationwide hard times/depression and inability to realize on securities; described as a causeless run but linked to the general money stringency.
Measures
Invoked thirty- and sixty-day notification law; limited payouts (no amounts over $20–$25).
Newspaper Excerpt
A run on the Denver Savings Bank is impending. The bank is taking advantage of the thirty and sixty days' notification law and is paying out no amounts over $25.
Source
newspapers
2. September 1, 1893 Suspension
Cause
Macro News
Cause Details
Assigned (closed) because notes and securities could not be realized upon amid the ongoing depression and steady withdrawals since July.
Newspaper Excerpt
The Denver Savings bank ... assigned today, and will liquidate. Its liabilities are $670,000; assets, $920,000, of which $800,000 is in paper which ... cannot be realized upon on account of the present depression.
Source
newspapers
3. January 2, 1894 Reopening
Newspaper Excerpt
The Denver Savings bank, which succumbed to the panic of last July, only after a most stubborn fight, will reopen for business Tuesday, January 2. ... The bank is paying 10 per cent to all depositors who ask it, and to those who did not sign the resumption agreement the full amount of their deposit is paid.
Source
newspapers

Newspaper Articles (20)
1. July 18, 1893 The Sun New York, NY
Article from The Sun, July 18, 1893

Click image to open full size in new tab

Article Text

A BANK CRASH IN DENVER. THREE SAVINGS BANKS ARE IN THE HANDS OF ASSIGNEES. They Say Every Depositor will be Paid In Full-It was Impossible In these Days of Distrust to Realize on their SecuritiesOne Bank has Demands for $500,000 Withdrawals and Only 8823 On Hand. DENVER. July 17.-The first bank failures in Denver since 1874 occurred this (morning. when the People's Savings Bank. the Colorado Favings Bank. and the Rocky Mountain Dime and Dollar Savings Banks closed their doors. An estimate of the assets is $1,500,000. with liabilities of $1,350,000. The Colorado Savings Bank. of which F. K. Atkins is President and C.C. Atkins cashier. in its statement to the assignee. Alfred Butters. places the open accounts due depositors at $435,108: certiflcates of deposit. $50,699; due other banks. $3,236: cashier's checks. $625. The assets over liabilities. in what is declared to be good commercial paper. well secured. is $73.063. F. W. Woodbury is President and C. F. Clark cashier of the Rocky Mountain Dime and Dollar Savings Bank. of which Charles H. Blakey was this morning made assignee. A detailed statement has not yet been made, but from the books of the institution it would appear that the assets are $156,803. and the liabilities $105,654. The officers of the institution positively declare that the depositors will not lose a dollar. All the assignments were preconcerted. and were made for self-protection and for the protection of the depositors. The direct cause of the failures was the universal hard times and inability to realize on securities. The President of each bank declares that each depositor will be paid In full and that the institutions will resume again. A run on the Denver Savings Bank is impending. The bank is taking advantage of the thirty and sixty days' notification law and is paying out no amounts over $25. President Lawrence of the People's Savings Bank. in a statement this morning said the savings bank. up to six weeks ago. had had a most successful career. having in deposits $1,300,000 and had paid to its depositors in interest $112,482. The causeless run begun on May 1 had really continued up to last Saturday night, when the entire available means of the bank were exhausted and nothing was left but to assign. The officers of the Institution pledged their estates to its support. but because of the feeling that has been engendered among Eastern banks and financial Institutions by the recently published expressions and demonstrations that have been heralded from Colorado, a thirty days' notice for $100,000. signed by Colorado parties worth $4,000,000, to raise immediate money. was not worth the paper it was written on. Most persistent efforts were made to obtain temporary assistance to tide the bank over. Up to four days ago this necessary assistance was promised by Eastern correspondent banks: but since the doings of the recent Convention in this city became known all over the country these promises were cancelled by telegraph. and no alternative was left us. With notices amounting to nearly $500.000 for withdrawals of deposits maturing within the near future staring us in the face. and the cash on hand paid down to $223. the best thing to do was to make a full assignment for the protection and benefit of all." The President further said: The failure of the savings banks will in no way affect the People's National Bank. which, with all other national banks. are perfectly sound. and anticipate no trouble outside of the savings banks.

2. July 19, 1893 The Indiana State Sentinel Indianapolis, IN
Article from The Indiana State Sentinel, July 19, 1893

Click image to open full size in new tab

Article Text

THE PRESSURE T00 GREAT. Withdrawal of Deposits the Principal Cause, Coupled with the Failure to Cash Paper. The Missouri National at Kansas City Also Suspends from Causes Practieally the Same-A Georgia Institution Succumbs-News of Other Failures from Various Quarters. DENVER, July 17.-The first bank failure in Denwer since 1874 occurred this morning when the People's savings, the Colorado savings and the Rocky Mountain dime and dollar savings banks closed their doors. An estimate of the assets are $1,500,000, with liabilities of $1,350,000. The Colorado savings bank, of which F. K. Atkins is president and C. O. Atkins cashier, in their statement to the assignee, Alfred Butters, place the open accounts due depositors at $435,108.54, certificates of deposit, $50,699.66, due other banks $3,236.54, cashiers' checks $625. Their assets over liabilities in what is declared to be good commercial paper, well secured, is $73,063.72. F. W. Woodbury is president and C.F Clark cashier of the Rocky Mountain dime and dollar savings bank, of which Charles H. Blakeney was this morning made assignee. A detailed statement has not yet been made, but from the books of the institution it would appear that the assets are $153,803.53, and the liabilities $105,654.32. The officers of the institution positively assert that the depositors will not lose a dollar. It is understood that all the assignments were preconcerted, and were made for selfprotection and the protection of the depositors. The direct cause of the failure was the universal hard times and inability to realize on securities. The president of each bank declares that each depositor will be paid in full, and that the institutions will resume again. A run on the Denver savings bank is impending. The bank is taking advantage of the thirty and sixty days' notification law, and is paying out no amounts over $25. President Lawrence of the People's savings bank, in a statement this morning, said the savings bank up to six weeks ago had a most successful career, having in deposits $1,300,000, and that it had paid to its depositors in interest $112,482. "The causeless run," he says, "began in May and really continued up to last Saturday night, when the entire available means of the bank were exhausted, and nothing was left but to assign. The officers of the institution pledged their estates to its support, but through the feeling that had been engendered among eastern banks and financial institutions by the recently published expressions and demonstrations that have been heralded from Colorado, a thirty days' notice for $100,000, signed by Colorado parties worth $4,000,000, to raise immediate money, was not worth the paper it was written on. Most persistent efforts were made to obtain temporary assistance to tide the bank over, and up to four days ago this necessary assistance was promised by eastern correspondent banks. But since the doings of the recent convention in this city became known all over the country these promises were canceled by telegraph, and no alternative was left us (with notices amounting to nearly $500,000 for withdrawals of deposits, maturing within the near future, staring us in the face and the cash on hand paid down to $223) but to take a full assignment for the protection and benefit of all." The failure of the savings bank will in no way affect the People's national bank, which, with all other national banks, is perfectly sound, and anticipate no trouble outside of the savings banks.

3. July 19, 1893 Watertown Republican Watertown, WI
Article from Watertown Republican, July 19, 1893

Click image to open full size in new tab

Article Text

a The Colorado Metropolis Experiences Severe Financial Blow. DENVER, €ol., July 17.-The first bank failure in Denver since 1874 occurred this when the People's Savthe Colorado ings morning, Bank, Savings Dime Bank and and the Rocky Mountain Dollar Savings Bank closed their doors. An estimate of the assets are $1,500,000 with liabilities at $1,350,000. The Colorado Savings Bank, of which F. K. Atkins is president and C. Atkins cashier, in their statement to the assignee, Frederick Butters, place the open accounts due depositors at $435,108.54; certificates of deposit, $50,699.36; due other banks, $3,236.95; cashier's checks, $625. Their assets over liabilities in what is declared to be good commercial paper, well secured, is $73,063.72. F. W. Woodbury is president and G. F. Clark cashier of the Rocky Mountain and Dollar Savings Bank, of Charles H. was made assignee. morning which Dime Blakeny A detailed this statement has not vet been made, but from the books of the institution it would appear that the assets are $156,803.53 and the liabilities $105,654.32. The officers of the institution positively assert that the depositors will not lose a dollar. It is understood that all the assignments were preconcerted and was done for self-protection and for the protection of the depositors. The direct cause of the failures was the universal hard times and inability to realize on securities. President Lawrence, of the People's Savings Bank, in a statement this morning, said the savings bank up to six weeks had a most career, in $1,300,000 its depositors in paid having to ago deposit successful interest and $112,- had 482. The causeless run which started May 23 and really continued up to last when the entire available the bank were was left but to Saturday means nothing of night exhausted assign. their The and officers of the institution pledged estates to its support, but the feeling that has been engendered among Eastern banks and financial institutions by the recently published expressions and demonstrations that have been heralded from Colorado that a thirty-day note for $100,000 or $1,000 signed by Colorado parties worth $4,000,000 to raise immediate money was not worth the paper it was written upon. Most persistent efforts were made to obtain temporary assistance to tide the bank over and up to four days ago, this necessary assistance was promised by Eastern correspondent banks, but since the doings of the recent convention in this city became known all over the country these promises were cancelled by telegraph and no alternative was left with notices amounting to nearly $500,000 for withdrawals of deposits maturing within the near future staring the banks in the the cash on hand paid down to make a full and the $223-but face protection and to benefit assignment of will all. in The for failure in the Savings Bank no way affect the People's National Bank which, with all other national banks, is perfectly sound, and there is no trouble outside the savings bank. Arunon the Denver Savings Bank is impending. The bank is taking advantage of the thirty and sixty days' notfication law and is paying out no amounts over $25. KANSAS CITY, Mo., July 17.-Despite assertions of strength and the publishing of a favorable statement Saturday, the Missouri National Bank was taken possession of by the comptroller of the currency shortly before noon to-day. The bank was immediately closed as tight as a clam and it was impossible to get a statement from the officers. The Missouri National is a new bank, having opened in January, 1891. It has a capital stock, paid in, of $250,000, and its surplus is $6,000. According to their statement Saturday issued in compliance with the request of the comptroller of currency, cash and sight exchange were placed at $271,024, and the deposits at $900,763. The officers are D. V. Rieger, president; Henry C. Kumpf, vice-president; R. D. Covington, cashier. The officers show the assets to be $1,154,785 and the liabilities, excepting capital stock about $700,000. During the run on the different national banks here Saturday, quite a run was precipitated upon the Missouri National, though the withdrawals were alone made by the small depositors. This morning, however, several large depositors withdrew their money, and the amounts, running well up into the thousands, made further continuance impossible. For a while slight confidence was restored by Ferd. Heim, a local brewer, deposition $32,000 in the concern, at this soon lost its effect for good. Aid had beenasked from the Third National Bank of New York and the assistance was on the On 1 the the annual per regular way. City July dividend of bank 3 paid cent. The official declared that depositors

4. July 20, 1893 The State Republican Jefferson City, MO
Article from The State Republican, July 20, 1893

Click image to open full size in new tab

Article Text

THREE FAILURES. Three Denver Banks Conclude to Suspend for Self-Protection. Causing Considerable Excitement In Commercial Circles DENVER, Col., July 18.-Commercial circles are greatly excited over the failure of three banks this morning. The banks constituting the triple failure are: The Colorado savings bank, the Peoples' savings bank and the Rocky Mountain Dime and Dollar savings bank. An estimate of the total assets are $1,500,000 and liabilities are placed at nearly that amount. Charles Blakeney was made assignee of the Rocky Mountain Di me and Dollar savings bank, of which F. H. Woodbury is president and G. F. Clark, cashier. No detailed statement has been given out, but from the books of the institution the assets are $156,806.53 and the liabilities $105,565,320. The officers of the bank are positive in their statement that depositors will receive dollar for dollar. The Colorado savings bank. of which F. K. Atkins is president and C. O. Atkins cashier, in their statement to the assignee, Alfred Butters, place the open accounts due depositors at $435,108.50; certificates of deposit, $50,699.36; due other banks, $3,236.95. The assets over liabilities in what is declared to be good commercial paper, well secured, is $73,063.72. No statement of the People's bank can be secured as yet. It is understood that all the assignments were preconcerted and were done for self-protection and for the protection of the depositors. The direct cause of the failures was the strengency of the money market and inability to realize on securities. The president of each bank declares that each depositor will be paid in full and the institutions will resume business in a short time, An incipent runhas been started on the Denversavings bank. The bank is taking advantage of the thirty and sixty days' notification provision and is paying out no checks or drafts for morethan $20 each.

5. September 2, 1893 Santa Fe Daily New Mexican Santa Fe., Santa Fe, NM
Article from Santa Fe Daily New Mexican, September 2, 1893

Click image to open full size in new tab

Article Text

Another Gone Down. DENVER, September 2.-The Denver Savings Bank, with a capital of $250,000, has assigned. The liabilities are $670,000 and the assets 920,000 consisting of $120,000 cash and $800,000 notes and securities, which are perfectly good, but cannot be realized upon on account of the present depression.

6. September 2, 1893 The Anaconda Standard Anaconda, MT
Article from The Anaconda Standard, September 2, 1893

Click image to open full size in new tab

Article Text

Down in Denver. DENVER. Sept. 1.-The Green Smith Watch and Jewelry company has been attached by four creditors for $163,000. The house is now in the hands of the sheriff The Denver Savings bank, with a eapital of $260,000. assigned to-day and will liquidate. The liabilities are $670,000. and assets $920,000. of which $830,000 is 111 paper which is perfectly good. but cannot be realized on account of the present depression. Since the banking troubles began there has been a steady withdrawal of deposits. Depositors will be paid in full.

7. September 2, 1893 The Herald Los Angeles, CA
Article from The Herald, September 2, 1893

Click image to open full size in new tab

Article Text

Failures at Denver. DENVER, Sept. 1.-The Denver Savings bank, with a capital of $260,000, assigned today, and will liquidate. Its liabilities are $670,000; assets, $920,000, of which $800,000 is in paper which is perfectly good but cannot be realized upon on account of the present depression. Since the banking troubles began there has been a steady withdrawal of deposits. The depositors will be paid in full. The Green-Smith Watch and Jewelry company was attached today by four creditore for $163,000. The house is now in the hands of the eheriff.

8. September 2, 1893 The Morning Call San Francisco, CA
Article from The Morning Call, September 2, 1893

Click image to open full size in new tab

Article Text

FAILURES AT DENVER. A Savings Bank Compelled to Go to the Wall at Last. DENVER, Sept. 1.-The Green-Smith Watch and Jewelry Company was attachea to-day by four creditors for $163,000. The house is now in the hands of the Sheriff. The Denver Savings Bank, with a capital of $260,000, assigned to-day and will liquidate. The liabilities are $670,000; assets $920,000, of which $800,000 is in paper which is perfectly good, but which cannot be realized upon on account of the present depression. Since the banking troubles began there has been a steady withdrawal of deposits. Depositors will be paid in full.

9. September 2, 1893 St. Paul Daily Globe Saint Paul, MN
Article from St. Paul Daily Globe, September 2, 1893

Click image to open full size in new tab

Article Text

WILL QUIT BUSINESS. A Denver Savings Bank to Go Into LiquidationDENVER, Col., Sept. 1.-The Denver Savings bank, with a capital of $260,000, today assigned, and will liquidate. The International Trust company of this city is the assignee. The liabilities are $670,000 and the assets are $920,000, consisting of $120,000 cash and $800,000 notes and securities, which are perfect1y good, but cannot be realized upon on account of the present depression. Since the middle of July, when the trouble in banking circles began here, there has been a steady withdrawal, with few deposits. The directors and stockholders are prominent and wealthy men, and the depositors will be paid dollar for dollar.

10. September 4, 1893 The Madison Daily Leader Madison, SD
Article from The Madison Daily Leader, September 4, 1893

Click image to open full size in new tab

Article Text

Will Liquidate. DENVRR, Sept. 4.-The Denver Savings bank late in the evening assigned to the International Business company of Denver, who will liquidate their affairs and close the bank. The statement shows approximately that there is due to depositors $670,000. The cash on hand amounts to $120,000, and there are notes amply secured amounting $800,000. Depositors will be paid full.

11. September 7, 1893 The Worthington Advance Worthington, MN
Article from The Worthington Advance, September 7, 1893

Click image to open full size in new tab

Article Text

FLAMES caused a loss of over $150,000 to occupants of Lindsay Bros.' big block in Milwaukee. The McCormick Harvester company and the Transfer & Storage company were the principal losers. THE First national bank of Grand Junction, Col, and the First national bank of Dubuque, Ia., resumed business. LATER advices say that since the recent storm in the south 390 dead bodies have been found on the islands about Beautort and Port Royal, S. C., and that the total number of dead would reach 1,000. Over $2,000,000 worth of property was wrecked near the same points. Near Jacksonville, Fla, fourteen dead bodies were found, and the damage to fruit trees and orange groves was enormous. AT the session in St. Louis of the seventh international Sunday school convention the report of Secretary Porter showed the number of Sunday schools of the United States and British America to be 130,197; teachers and officers, 1,372,558; scholars, 10,870,104; total, 11,242,662. WHILE carelessly handling a revolver supposed to be unloaded Leo Stafford shot and killed his bride of six weeks at East Liverpool, O. THE total paid admissions during the first four months of the world's fair numbered 9,990,699. By months the attendance was: May, 1,050,037; June, 2,675,113; July, 2,760,263; Angust, 3,514,286. IN Chicago Judge Goggin declared the world's fair Sunday opening injunction should stand, overriding Judges Dunne and Brentano and sur prising court attendants. FIVE tramps and Jack Swanson, the engineer, were killed in a freigh. train wreck near Brenham, Tex., and Fireman Cameron and Brakeman Ford were fatally injured. H. S. BUNDY, of Jackson county, was nominated for congress in the Tenth Ohio district on the 1,793d ballot. Mr Bundy has served two terms in con gress. AT Rockford, III., the Royal Sewing Machine company made an assignment with liabilities of $119,000 and assets of $40,000. WHILE insane Samuel Deeters, of Waterloo, Ind., shot and killed Amos Bactel and fatally shot Mrs. Lowe, neighbors, and wounded his mother. FIRE destroyed the business part of De Pauw. Ind. THE following executions took place: George S. Turner (a wealthy man) at Spartenburg, S. C., for killing Ed Finger; Wade Cannon and George Bow. ers (colored) at Laurens, S. C., for arson and John Ferguson for wife murder; Oscar Johnson and Henry Ewing at Berkely, S. C., for murdering Henry Weltman; and Ah Lo Doon, a Chinaman, at San Rafael, Cal., for the murder of William Shentor. RECEIVERS were named for the Equitable Mortgage company of Missouri, with headquarters in New York, the liabilities being $19,000,000. THE American national bank of Nashville, Tenn., and the American national bank of Omaha, Neb., have reopened their doors. AT the annual meeting in Milwaukee Judge Thomas Cooley, of Michigan, was elected president of the American Bar association. THE Denver savings bank failed with liabilities of $670,000. Depositors would be paid in full.

12. September 7, 1893 River Falls Journal River Falls, WI
Article from River Falls Journal, September 7, 1893

Click image to open full size in new tab

Article Text

THE total paid admissions during the first four months of the world's fair numbered 9,990,699. By months the attendance was: May, 1,050,037; June, 2,675,113; July, 2,760,263; Angust, 3,514,286. IN Chicago Judge Goggin declared the world's fair Sunday opening injunction should stand, overriding Judges Dunne and Brentano and sur prising court attendants. FIVE tramps and Jack Swanson, the engineer, were killed in a freight train wreck near Brenham, Tex., and Fireman Cameron and Brakeman Ford were fatally injured. H. S. BUNDY, of Jackson county, was nominated for congress in the Tenth Ohio district on the 1,793d ballot. Mr. Bundy has served two terms in congress. AT Rockford, III., the Royal Sewing Machine company made an assignment with liabilities of $119,000 and assets of $40,000. WHILE insane Samuel Deeters, of Waterloo, Ind., shot and killed Amos Bactel and fatally shot Mrs. Lowe, neighbors, and wounded his mother. FIRE destroyed the business part of De Pauw, Ind. THE following executions took place: George S. Turner (a wealthy man) at Spartenburg, S. C., for killing Ed Finger; Wade Cannon and George Bowers (colored) at Laurens, S. C., for arson and John Ferguson for wife murder; Oscar Johnson and Henry Ewing at Berkely, S. C., for murdering Henry Weltman; and Ah Lo Doon, a Chinaman, at San Rafael, Cal., for the murder of William Shentor. RECEIVERS were named for the Equitable Mortgage company of Missouri, with headquarters in New York, the liabilities being $19,000,000. THE American national bank of Nash ville, Tenn., and the American national bank of Omaha, Neb., have reopened their doors. AT the annual meeting in Milwaukee Judge Thomas Cooley, of Michigan, was elected president of the American Bar association. THE Denver savings bank failed with liabilities of $670,000. Depositors would be paid in full. AN assignment was made of Lee B. Durstine, manager at Des Moinesof the Iowa business of the Equitable Life Insurance company, with liabilities of $100,000. IN his cell in Denver Dr. T. Thatcher Graves, awaiting trial for poisoning Mrs. Josephine Barnaby, of Providence, R. I., in 1891, committed suicide by taking poison. IN an electric car accident at Cincinnati two persons were killed. six fatally hurt and nearly forty injured. THE corn crop in Kansas is estimated at 200,000,000 bushels, worth $60,000,000. This is the greatest since 1889. THE vault in the subtreasury in San Francisco is drained of currency for the first time in its history. A MOB hanged William Arkison (colored), aged 20, who assaulted a little girl at South Fork, Ky. By a Burlington train falling through a trestle at Streator, III., two men were killed and a dozen hurt. ON President's island near Memphis, Tenn., six human skeletons were found imbedded in the sand. HENRY A. BELL arrived in San Francisco en route to England after an absence of twenty years of self-enforced exile in Albert island. BANDITS robbed the passengers on a 'Frisco train at Mound Valley, Kan., and killed Express Messenger Chapman. AT the age of 101 years Felix Sheridan died at Quincy, Ill. He was a veteran and pensioner of the war of 1812.

13. September 7, 1893 Warren Sheaf Warren, MN
Article from Warren Sheaf, September 7, 1893

Click image to open full size in new tab

Article Text

FLAMES caused a loss of over $150,000 to occupants of Lindsay Bros.' big block in Milwaukee. The McCormick Harvester company and the Transfer & Storage company were the principal losers. THE First national bank of Grand Junction, Col., and the First national bank of Dubuque, Ia., resumed business. LATER advices say that since the recent storm in the south 390 dead bodies have been found on the islands about Beautort and Port Royal, S. C., and that the total number of dead would reach 1,000. Over $2,000,000 worth of property was wrecked near the same points. Near Jacksonville, Fla., fourteen dead bodies were found, and the damage to fruit trees and orange groves was enormous. AT the session in St. Louis of the seventh international Sunday school convention the report of Secretary Porter showed the number of Sunday schools of the United States and British America to be 130,197; teachers and officers, 1,372,558; scholars, 10,870,104; total, 11,242,662. WHILE carelessly handling a revolver supposed to be unloaded Leo Stafford shot and killed his bride of six weeks at East Liverpool, O. THE total paid admissions during the first four months of the world's fair numbered 9,990,699. By months the attendance was: May, 1,050,037; June, 2,675,113; July, 2,760,263; Angust, 3,514, 286. IN Chicago Judge Goggin declared the world's fair Sunday opening injunction should stand, overriding Judges Dunne and Brentano and sur prising court attendants. FIVE tramps and Jack Swanson, the engineer, were killed in a freigh: train wreck near Brenham, Tex., and Fireman Cameron and Brakeman Ford were fatally injured. H. S. BUNDY, of Jackson county, was nominated for congress in the Tenth Ohio district on the 1,793d ballot. Mr Bundy has served two terms in con gress. AT Rockford, Ill., the Royal Sewing Machine company made an assignment with liabilities of $119,000 and assets of $40,000. WHILE insane Samuel Deeters, of Waterloo, Ind., shot and killed Amos Bactel and fatally shot Mrs. Lowe, neighbors, and wounded his mother. FIRE destroyed the business part of De Pauw. Ind. THE following executions took place: George S. Turner (a wealthy man) at Spartenburg, S. C., for killing Ed Finger; Wade Cannon and George Bowers (colored) at Laurens, S. C., for arson and John Ferguson for wife murder; Oscar Johnson and Henry Ewing at Berkely, S. C., for murdering Henry Weltman; and Ah Lo Doon, a Chinaman, at San Rafael, Cal., for the murder of William Shentor. RECEIVERS were named for the Equit. able Mortgage company of Missouri, with headquarters in New York, the liabilities being $19,000,000. THE American national bank of Nashville, Tenn., and the American national bank of Omaha, Neb., have reopened their doors. AT the annual meeting in Milwaukee Judge Thomas Cooley, of Michigan, was elected president of the American Bar association. THE Denver savings bank failed with liabilities of $670,000. Depositors would be paid in full.

14. September 9, 1893 The Cape Girardeau Democrat Cape Girardeau, MO
Article from The Cape Girardeau Democrat, September 9, 1893

Click image to open full size in new tab

Article Text

LATER advices say that since the recent storm in the south 390 dead bodies have been found on the islands about Beautort and Port Royal, S.C., and that the total number of dead would reach 1.000. Over $2,000,000 worth of property was wrecked near the same points. Near Jacksonville. Fla. fourteen dead bodies were found, and the damage to fruit trees and orange groves was enormous AT the session in St. Louis of the seventh international Sunday school convention the report of Secretary Porter $ showed the number of Sunday schools of the United States and British Americá to be 130,197; teachers and officers, 1,372,558; scholars, 10,870,104; total, 11,242,663. WHILE carelessly handling a revolver supposed to be unloaded Leo Stafford shot and killed his bride of six weeks at East Liverpool, O. THE total paid admissions during the first four months of the world's fair numbered 9,990,699. By months the attendance was: May, 1,050,037; June, 2,675,113; July, 2,760,263; Angust, 3,514,286. IN Chicago Judge Goggin declared the world's fair Sunday opening injunction should stand, overriding rddes Dunne and Brentano and surprising court attendants. FIVE tramps and Jack Swanson, the engineer, were killed in a freight train wreck near Brenham, Tex., and Fireman Cameron and Brakeman Ford were fatally injured. H. S. BUNDY, of Jackson county, was nominated for congress in the Tenth Ohio district on the 1,793d ballot. Mr. Bundy has served two terms in congress. AT Rockford, III., the Royal Sewing Machine company made an assignment with liabilities of $119,000 and assets of $40,000. WHILE Insane Samuel Deeters, of Waterloo, Ind., shot and killed Amos Bactel and fatally shot Mrs. Lowe, neighbors, and wounded his mother. FIRE destroyed the business part of De Pauw. Ind. THE following executions took place: George S. Turner (a wealthy man) at Spartenburg, S. C., for killing Ed Finger: Wade Cannon and George Bowers (colored) at Laurens, 8. C., for arson and John Ferguson for wife murder: Oscar Johnson and Henry Ewing at Berkely, S. C., for murdering Henry Weltman; and Ah Lo Doon, a Chinaman. at San Rafael, Cal., for the murder of William Shentor. RECEIVERS were named for the Equitable Mortgage company of Missouri, with headquarters in New York, the liabilities being $19,000,000. THE American national bank of Nashville, Tenn., and the American national bank of Omaha, Neb., have reopened their doors. AT the annual meeting in Milwaukee Judge Thomas Cooley, of Michigan, was elected president of the American Bar association. THE Denver savings bank failed with liabilities of $670,000. Depositors would be paid in full.

15. January 1, 1894 Wheeling Register Wheeling, WV
Article from Wheeling Register, January 1, 1894

Click image to open full size in new tab

Article Text

Savings Bank Reopened DENVER, COLO., December 81.-The Denver Savings Bank, which succumbed to the panic of last July only after a most stubborn fight, will reopen for business Tuesday, January 2. The People's Savings Bank has abandoned the attempt to resume, and will pay a dividend of 10 per cent. on $955,000 of proven claims next Tuesday.

16. January 1, 1894 The Wilmington Daily Republican Wilmington, DE
Article from The Wilmington Daily Republican, January 1, 1894

Click image to open full size in new tab

Article Text

A Denver Bank Resumes. DENVER, Jan. 1.-The Denver Savings bank, which succumbed to the panic of last July only after a stubborn fight, will reopen for business tomorrow. The People's Savings bank has abandoned the attempt to resume, and will pay a dividend of 10 per cent. on $935,000 of proven claims tomorrow.

17. January 1, 1894 The Topeka State Journal Topeka, KS
Article from The Topeka State Journal, January 1, 1894

Click image to open full size in new tab

Article Text

Denver Saving Bank Resumes. DENVER, Colo., Jan. 1.-The Denver Savings bank, which succumbed to the panic of last July, only after a most stubborn fight, will report for business to-morrow. The People's Savings bank has abandoned the attempt to resume, and will pay a dividend of 10 per cent on $955,000 of proven claims next Tuesday.

18. January 1, 1894 St. Paul Daily Globe Saint Paul, MN
Article from St. Paul Daily Globe, January 1, 1894

Click image to open full size in new tab

Article Text

One Resumes, the Other Doesn't. DENVER, Col., Dec. 31.-The Denver Savings bank, which succumbed to the panic of last July, only after a most stubborn fight, will reopen for business Tuesday, Jan. 2. The People's Savings bank has abandoned the attempt to re= sume, and will pay a dividend of 10 per cent on $955,000 of proven claims next Tuesday.

19. January 3, 1894 Omaha Daily Bee Omaha, NE
Article from Omaha Daily Bee, January 3, 1894

Click image to open full size in new tab

Article Text

Paying Their Depositors. DENVER, Jan. 2.-Two of Denver's closed savings banks put $250,000 in circulation today. The People's Savings bank paid out an assignee's dividend of 10 percent, amounting to $95,000. The Denver Savings bank. which closed during the July panic, resumed business today. The bank is paying 10 per cent to all depositors who ask it, and to those who did not sign the resumption agreement the full amount of their deposit is paid. The deposits so far have equaled the withdrawals.

20. January 3, 1894 St. Paul Daily Globe Saint Paul, MN
Article from St. Paul Daily Globe, January 3, 1894

Click image to open full size in new tab

Article Text

Banks Resume. DENVER, Col., Jan. 2.-Two of Denver's closed savings banks put in circulation a quarter of a million dollars today. The People's Savings bank paid out an assignee's dividend of 10 per cent, amounting to $95,000. The Denver Savings bank, which closed during the July panic, resumed business today. The bank IS paying 10 per cent to all depositors who ask, and to those who did not sign the resumption agreement the full amount of -their deposits is paid. The deposits SO far have equaled the withdrawals.