14327. Peoples Bank (Sea Isle City, NJ)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
May 25, 1892
Location
Sea Isle City, New Jersey (39.153, -74.693)

Metadata

Model
gpt-5-mini
Short Digest
ce97409c

Response Measures

None

Description

Multiple contemporaneous newspaper reports (May 25–27, 1892) state the People's Bank of Sea Isle City closed its doors and 'suspended' due to lack of business; a receiver was appointed shortly after. No article describes a depositor run distinct from the suspension. Causes mentioned include lack of business, the town treasurer having large municipal funds withdrawn for expenses, and prior cashier resignation which prompted withdrawals. Receiver appointment reported May 26–27.

Events (3)

1. May 25, 1892 Suspension
Cause Details
Suspension attributed to lack of business; treasurer had large municipal funds withdrawn for expenses and recent cashier resignation prompted deposit withdrawals.
Newspaper Excerpt
The People's Bank of this city has closed the doors and the following notice is posted upon them: Owing to unforseen incidents it has been deemed wise to close. Every depositor will be paid in full.
Source
newspapers
2. May 26, 1892 Receivership
Newspaper Excerpt
The officials of the People's bank of this place, which closed its doors Tuesday, went to Trenton yesterday to consult with State Commissioner of Banking Duryea. A receiver for the bank will be appointed in a few days.
Source
newspapers
3. May 27, 1892 Other
Newspaper Excerpt
Ex-Assemblyman Eugene Cole has been appointed Receiver of the suspended People's Bank of this city.
Source
newspapers

Newspaper Articles (15)

Article from The Jersey City News, May 25, 1892

Click image to open full size in new tab

Article Text

SEA ISLE CITY BANK. The Doors Closed had Much of the Town's Meney in Peril. Special to the Jersey City News. SEA ISLE CITY, May 25, 1892.-The Peo ple's Bank of this city has closed the doors and the following notice is posted upon them:Owing to unforseen incidents it has been deemed wise to close. Every depositor will be paid in full. A general statement will be furnished in a few days. J. E. SMITH, Cashier. The State Bank examiner will make an investigation. Conservative creditors believe that all depositors will be paid, and that the suspension was only considered best because of a lack of business. It is said that the Treasurer, L. S. Chester, had a large amount of the city's nioney on deposit, and, as much of this cash will be needed immediately to cover municipal expenses, the suspension had placed him in a serious dilemma. A receiver will probably be asked for. The People's Bank was a State bank, organized in 1888, with the following officers:-George W. Urquhart, President; Archibald Garvin, Vice President; L. M. Cresse, Cashier; Thomas E. Ludlam, Assistani Cashier. All or these officers have held their places up to the present, with the exception of Cashier Cresse, who resigned a week ago to become assistant cashier of the Union National Bank at Atlantic City. His departure caused many of the depositors to draw out their deposits, This, no doubt, hastened the action of the directors in closing. State Bank Examiner Van Camp examined the accounts of the bank last April and found everything in good shape. so the bank officials say.


Article from The Wilmington Daily Republican, May 26, 1892

Click image to open full size in new tab

Article Text

A Receiver for Sea Isle's Bank: SEA ISLE CITY, May 26.-The officials of the People's, bank of this place, which closed its doors Tuesday, went to Trenton yesterday to consult with State Cominissioner of Banking Duryea. A receiver for the bank will be appointed in a few days.


Article from Daily Tobacco Leaf-Chronicle, May 26, 1892

Click image to open full size in new tab

Article Text

Bank Closes Its Doors. NEW YORK, May 26.-The People's bank of Sea Isle City, N. J., closed its doors Tuesday. It is stated that the suspension was made only on account of a lack of business, and it is believed that all deposits will be paid in full.


Article from The Providence News, May 26, 1892

Click image to open full size in new tab

Article Text

CLOSED ITS DOORS. A Sea Isle City, N. J., Bank Compelled to Suspend. SEA ISLE CITY, N. J., May 25. - The People's Bank of this city closed its doors yesterday. The bank claims it will pay in full. Conservative creditors believe that all deposits will be paid and that the suspension was only considered best because of a lack of business. It is said that the treasurer, L. S. Chester, had a large amount of money on deposit, and, as much of this cash will be needed immediately to cover municipal expenses, the suspension has placed him in a serious dilemma. A receiver will probably be asked for. The People's Bank was a State bank. organised in 1888.


Article from Pittsburg Dispatch, May 26, 1892

Click image to open full size in new tab

Article Text

bill incorporating the Cape Ood Maritime Ship Canal Company. IT is asserted that the depositors of the suspended People's Bank, of Sea Isle City, N. J., will be paid in full. THE Diamond Furniture Factory, at Rockford, Ill., is in the hands of the sheriff. Its capital ization was $150,000. THE Philadelphia Fire Underwriters' Association ordered an advance of 20 per cent in rates, and that insurers must insure for 80 per cent of value or be co-insured to make up any deficiency. THE sale of Burnay's consignment of 7,000,000 bottles of port wine has begun in London. The prices realized varied from £18 to £30 for the finest qualities per pipe. These prices are disappointing. KANSAS crop reports say the rains have done great damage. In the Western half of the State, which is usually parched by drouth, the farmers are enthusiastic over the best prospects ever known. MARTIN MOLAUGHLIN, a clothing merchant of New Lisbon, assigned Tuesday, with assets nominally exceeding his liabilities. Dull trade and impatient creditors are the assigned causes. His indebtedness is largely in Pittsburg and Cleveland. GENERAL BUTLER denies he hasany interest in the Georgia-Alabama Investment and Development Company, which is now in financial straits. He had allowed them the use of his name until about eight months ago, when he withdrew even that. THE Executive Committee of the Business Agents' Association have decided to meet next Friday the Presidents of the F. M. B. A., of Illinois and Indiana, and the heads of affiliated labor organizations, to consider charges that the capitalists are not keeping the agreement with the Business Agents' Association and the Union Company.


Article from The Jersey City News, May 27, 1892

Click image to open full size in new tab

Article Text

Sea Isle City Bank Troubles. Special to the Jersey City News. SEA ISLE CITY, May 27, 1892.-Ex-Assemblyman Eugene Cole has been ap pointed Receiver of the suspended Peoule's Bank of this city. The appointment gives genuine satisfaction, and the depositors are feeling a little better today, with a prospect of recovering nearly all of their claims.


Article from The State Capital, May 28, 1892

Click image to open full size in new tab

Article Text

LATE NEWS ITEMS. IN the senate, on the 25th, an unexpeeted and interesting silver debate sprung up on Mr. Morgan's silver resolutions. This was followed by a discussion of the treaty rights clause of the aliens bill, which occupied the remainder of the session In the house, during the further consideration of the sundry civil bill, an amendment was offered to appropriate $100,000 for collecting, preparing and publishing facts and statistics of the industrial and intellectual development of the colored race from 1863 to 1893, to constitute a part of the World's Columbian exposition. The salaries of several World's fair officers were cut down and an amendment was adopted prohibiting the sale of liquor on Sunday. RALPH HEWITT, 23 years old, employed as a clerk at the Mount Vernon hotel in Washington city, committed suicide by shooting himself, on the beach at Atlantic City, N. J., on the 25th. The death of Miss Batsfor&, daughter of Judge Batsford, of Elgin, Ill., to whom he was devotedly attached, is regarded as the probable cause of the young man's suicide. ON the night of the 14th, at Dennis landing, Miss., guards shot and instantly killed an unknown white man who was attempting to blow up the levee with dynamite, and captured the dynamite, fuse and pistol belonging tc the unknown. Dennis landing is in front of Gunnison, Miss. THERE is no abatemnt in the suffering of the inundated people along the Arkansas, White, Red and St. Francis rivers in Arkansas. Calls for aid and seed have been sent broadcast. and prompt responses have been made by cities in the tributary territory. JOHN REECE has obtained a verdict against ex-Editor W. J. Elliott. of Columbus, O., on account of a revolver wound received when Elliott killed O. C. Osborn and wounded W. L. Hughes and a half dozen others. DARFLINGER'S glass works at White's Mills, near Honesdale, Pa., were totally destroyed by fire on the 25th. The loss will reach over $100,000. The plant was among the largest in the United States. THE People's bank of Sea Isle, N. J., has closed its doors. It is stated that the suspension was made on account of lack of business, and it is believed that all depositors will be paid in full. THE birthday of Queen Victoria was celebrated by the military in London on the 25th. Last year the celebration was held on May 30, and the year before on May 21.


Article from Iron County Register, June 2, 1892

Click image to open full size in new tab

Article Text

PERSONAL AND GENERAL. THE Inman steamer City of New York, from New York to Liverpool, passed Brow Head at 2 p. m., on the 24th, five days and twenty-one hours from Sandy Hook, the best eastern time ever made by this line. This does not beat the record, however. SEVENTY carloads of grain from Argona, Kas., arrived in New Orleans, on the 24th. by special train over the Missouri Pacific and Texas Pacific. The shipping direct to New Orleans, it is said, makes a difference of four or five cents a bushel. JOHN R. BUCHTEL, founder of Buchtel college, died at his home in Akron. O., on the 23d. from paralysis, with which he was stricken five years ago. Mr. Buchtel was 72 years old. During his lifetime he had made gifts to Buchtel college amounting to $500,000. ELDER ANDREW J. STEWART. of the Mormon church, has secured from the Mexican government a concession of 100,000 acres of land, 90 miles southeast of Chihuahua, upon which Elder Stewart agrees to locate 500 Mormon families. THE state military board of Nebraska, which has been investigating the accounts of A. V. Cole, adjutant general under Gov. Thayer, report a shortage of $1,440. THE five-year limit as relates to pastorates is to be retained in the Methodist Episcopal church, notwithstanding the efforts in the general conference to have it abolished. MELROSE CROSBY, aged 28 years, who has been living on Dry creek, was killed, on the 24th. three miles from Boulder, Col., by lightning. He was riding on a load of hay from Dry creek when the bolt hit him. His body was carried to Boulder, and it was not disfigured in the least. CoL. ALBERT A. POPE, the bicycle maker of Boston, has offered a reward of $500 for the detection of the miscreants who attempted to retard the recent relay race by stretching barbed wire across the riders' roads. AN immense reservoir of 12,000 barrelsof oil, the property of the Standard Oil Co., at Whiting, Ind., exploded, on the 23d. with a terrific force, entailing a loss of $20,000. Theshock was felt 30 miles away, and gave rise toearthquake stories. A BIG mastiff went mad at Anderson. Ind., on the 24th, and attacked Lizzie King, chewing her face in a shocking manner. She will probably die. The dog was shot. Gov. BROWN of Kentucky, on the 24th, signed the "separate-coach bill." The law provides that every passenger railway train shall be provided with a separate coach for negroes. It goes into effect ninety days after the adjournment of the legislature. THE Brotherhood of Locomotive Engineers in session at Atlanta, Ga., reelected Past Master Arthur grand chief engineer for four years. The next international convention will be held in May, 1894, biennial meetings being substituted for annual. CORA NIcHOLLs,the26-year-old daughter of James Nicholls, a wealthy farmer, living near Pittsburgh, Pa., was found dead in a barn by her father, on the 24th, with a bullet hole in herright temple. It is not known whether she was accidentally killed, committed suicide or met with foul play. Her relatives are inclined to the belief that the shooting was accidental, as there was no cause for suicide. THE usual conferments of honor on the occasion of Queen Victoria's birthday anniversary includes this year a peerage for Prince George of Wales with the titles of duke of York, earl of Inverness and Baron Killarney. SirJulian Pauncefote, British minister to Washington, receives the grand cross of the Order of the Bath. Chief-Justice Lacasti, of Quebec, is knighted. PRESIDENT DIAZ of Mexico has appointed Senor Matias Romero, the present minister to the United States, minister of finance: Senor Jos Yves Limantour, assistant secretary of finance, and Senor Gomez Garias, minister to England. No successor to Senor Romero as minister to the United States will be appointed at present. JOHN LANGDON, aged 16 years, and Alva Plant. aged 15 years, of Ostrander, Wis., were drowned in the Little Wolf river. on the 24th, by the capsizing of a boat. THE People's bank of Sea Isle. N. J., has closed its doors. It is stated that the suspension was made on account of lack of business, and it is believed that all depositors will be paid in full. Gov. PRINCE of New Mexico, on the 24th. issued a notice offering $250 reward for information leading to the names of the capitol incendiaries or in-


Article from The Bolivar Bulletin, June 3, 1892

Click image to open full size in new tab

Article Text

PERSONAL AND GENERAL. COL. ALBERT A. POPE, the bicycle maker of Boston, has offered a reward of $500 for the detection of the miscreants who attempted to retard the rent relay race by stretching barbed wire across the riders' roads. MELROSE CROSBY, aged 28 years, who has enliving on Dry creek, was killed, three miles on the 24th, He from riding Boulder, Col., by lightning. was on a oad of hay from Dry creek when the bolt hit him. His body was carried to Boulder, and it was not disfigured in the least. Gov. BROWN of Kentucky, on the 44th, signed the "separate-coach bill." The law provides that every passenger railway train shall be provided with a separate coach for negroes. It goes into effect ninety days after the adjournment of the legislature. THE Brotherhood of Locomotive Engineers in session at Atlanta, Ga., reelected Past Master for four years. inengineer Arthur The grand next chief convention in subternational May, 1894, biennial meetings will being be held stituted for annual. CORA NICHOLLS, the 26-year-old daughter of James Nicholls, a wealthy farmer, living near Pittsburgh, Pa., was found dead in a barn by her father, on the 24th, with a bullet hole in herright temple. It is not known whether she was accidentally killed, committed suicide or met with foul play. Her relatives are inclined to the belief that the shooting was accidental, as there was no cause for suicide. THE usual conferments of honor on the occasion of Queen Victoria's birthday anniversary includes this year a peerage for Prince George of Wales with the titles of duke of York, earl of Inverness and Baron Killarney. Sir Julian Pauncefote, British minister to Washington, receives the grand cross of the Order of the Bath. Chief-Justice Lacasti, of Quebec, is knighted. PRESIDENT DIAZ of Mexico has appointed Senor Matias Romero, the present minister to the United States, minister of finance; Senor Jos Yves Limantour, assistant secretary of finance, and Senor Gomez Garias, minister to England. No successor to Senor Romero as minister to the United States will be appointed at present. JOHN LANGDON, aged 16 years, and Alva Plant, aged 15 years, of Ostrander, Wis., were drowned in the Little Wolf river, on the 24th, by the capsizing of a boat. THE People's bank of Sea Isle, N. J., has closed its doors. It is stated that the suspension was made on account of lack of business, and it is believed that all depositors will be paid in full. Gov. PRINCE of New Mexico, on the 24th, issued a notice offering $250 reward for information leading to the names of the capitol incendiaries or information touching the instigators thereof. ARTHUR BISOT, who, fifteen years ago, while serving a life sentence in the Indiana penitentiary at Jeffersonville for killing Town Marshal Carnoy, of Bedford, was granted a six months' ticket of leave by Gov. Williams and failed to return, surprised the prison officials, on the 24th, by voluntarily surrendering and resuming the stripes. During his absence he has been a successful practicing physician in the City of Mexico. He expects to get his pardon. SIR ALEXANDER CAMPBELL, lieutenant-governor of Ontario, died in Toronto, on the 24th, after a painful illness of several weeks, receiving a stroke of paralysis. He was one of the few remaining Canadian politicians known as Fathers of the Confederation of the Canadian provinces, which took place in 1867. JOHN REECE has obtained a verdict against ex-Editor W. J. Elliott, of Columbus, O.; on account of a revolver wound received when Elliott killed O. C. Osborn and wounded W. L. Hughes and a half dozen others. THE passenger steamers Kalamazoo and Pilgrim collided on Lake Michigan, on the 25th, the Kalamazoo sinking, but her fifty panie-stricken passengers were saved.


Article from The Jasper Weekly Courier, June 3, 1892

Click image to open full size in new tab

Article Text

paralysis. He was one of the few nomaining Canadian politicians known as Fathers of the Confederation of the Canadian provinces, which took place in 1867. Gov. PRINCE of New Mexico, on the 24th. issued a notice offering $230 reward for information leading to the names of the capitol incendiaries or information touching the instigators thereof. JOHN REECE has obtained a verdiet against ex-Editor W. J. Elliott. of Columbus, O., on account of a revolver wound received when Elliott killed O. C. Osborn and wounded W. L. Hughes and a half dozen others. DARFLINGER'S glass works at White's mills, near Honesdale, Pa., were totally destroyed by fire on the 25th. The loss will reach over $100,000. The plant was among the largest in the United States. THE People's bank of Sea Isle, N. J., has closed its doors. It is stated that the suspension was made on account of lack of business, and it is believed that all depositors will be prid in full. THE passenger steamers Kalamazoo and Pilgrim collided on Lake Michigan, on the 25th, the Kalamazoo sinking, but her fifty panie-stricken passengers were saved. THE bill incorporating the Cape Cod Maritime Ship Canal Co. has been defeated in the Massachusetts legislature. YALE has established the chair of physiological psychology, with Prof. Scripture, late of Clark university, as instructor. THE sole-leather tanneries of the United States will shut down for sixty days, thus relieving the market of about 2,500,000 sides of leather. THE village of Kinsman, O., was partially swept away by a waterspout on the morning of the 25th. andsix persons were drowned. The property loss will reach $20,000. RICHARD D. KYLE. the indicted teller of the Western Trust and Savings bank, was arrested and locked up in Chicago, on the 25th. Kyle is accused of stealing $10,000 from the bank. FEARS are expressed that Cornelius Van derbilt's mind may become unbalanced by reason of his grief at the loss of his eldest son, William H. Mr. Vanderbilt is said to be utterly prostrated by the shock of his bereavement. NEWS has been received at Victoria. B. C., of the wreck of the government steamer Quadra, on her way to Behring sea with Prof. Macoun, in search of sealing information. Prof. Macoun and the captain of the Quadra have arrived at Victoria. REV. DR. CHAS. H. PARKHURST. whose vigorous campaign against all forms of vice has recently brought him into prominence, isabout to take a vacation. He will make a tour of Europe, remaining until the middle of September. JOHN B. GASWINT. 30 years old, was struck on the head and instantly killed by a heavy timber at the wreeking of the Planters' house in St. Louis on the 25th. Gaswint was assisting in loading a wagon with brick when the timber, which fell from the fifth story, struck him on the head. The skull was erushed in. A CAMP of gypsies stopped at Brazil, Ind., recently and attracted considerable attention from citizens, who visited


Article from Waterbury Evening Democrat, January 2, 1893

Click image to open full size in new tab

Article Text

A GLANCE BACKWARD. Review of the Many Important Happenings of 1892. Heavy Business Failures, Startling Casualties and Horrible Crimes-Industrial, Political and Sporting Events, Disastrous Fires of the Year, Etc. BUSINESS FAILURES. THE MORE DISASTROUS ONES NOTED-BANKS GENERALLY. Jan. 11-First national bank. of Muncie, Pa. Jan. 23-First national bank of Downs, Kan; $100,000. Jan. 25-Bank of Jefferson at Shepherdstown, W. Va. Jan. 29-Fall River county bank at Oelricks, S. D.: $30,000 Butler county bank at Chicora, Pa.: $60,000. Feb. 2-Commercial loan and savings bank as Kearney, Neb.: $150,000. Feb. 3-National bank of Silver City, and Feb. 4-Marcy, Geer & McCann's bank at Raton, N. M.; $800,000 First national bank of Deming, N. M. Feb. 6-Western Farm Mortgage Company at Denver: $1,000,000. Feb. 8- Merchants' bank of Moorehead, Minn.; $175,000. Feb. 26-Newmarket (N. H.) savings bank suspended; $191,000. Mar. 1-Lima (O.) national bank. Mar. 21-Painesville (O.) Savings and Loan As. sociation bank. Mar. 24-American national bank of Birming. ham, Ala. Apr. 15-Interstate national bank of New York. Apr. 27-Commercial) bank of St. Paul, Minn.; $1,000,000. May 25-People's bank of Sea Isle City, N.J. June 4-Platte Valley bank at Central City, Neb. June 25-First national bank at Erie, Kan, Nesha county; losses, $30,000. Sep. 2-Nebraska State bank, at Crete. Sep. 23-Richmond (Me.) savings bank. Sep. 24-People's bank at Hope, Ark Oct. 17-Two Nebraska state banks, one at Ainsworth, the other at Springview. Oct. 27-Hot Springs (Ark.) Valley bank (private); $80,000. Nov. 5-Continental bank at Kansas City, Mo. Nov. 30-Stone City bank, of Joliet, 111., and Joliet Enterprise Co. (barb wire manufacturers): $1,000,000. Dec. 6-Wholesale mercantile firm of Wilozinski & Nelson at Greenville, Miss.; $100,000. Dec. 13-Black Hilis national bank at Rapid City, S. D. Dec. 13-Lipman & Co., jute merchants at Dundee, Scotland, failed for $1,250,000. Dec. 15-National bank of Newton, Kan. Dec. grocery in Brooklyn, N. Y.; $400,000.


Article from San Antonio Daily Light, January 2, 1893

Click image to open full size in new tab

Article Text

A GLANCE BACKWARD Review of the Many important Happenings of 1892 BUSINESS FAILURES. The More Disastrous Ones Noted-Banks Generally. Jan. 11. First national bank, of Muncie, Pa. Jan. 23. First national bank of Downs, Kan.;$100,000 Jan. 25. Bank of Jefferson at Shepherdstown, W. Va. Jan. 29. Fall River coun-y bank at Oelricks, S. D.; $30,000. Butler county bank at Chicora, Pa: $60,000. Feb.2. Commercial loan and savings bank at Kearney, Neb.: $150,000. Feb. 3. National bank of Silver City, and First national bank of Deming, N.M. Feb. 6. Western Farm Mortgage Company at Denver; $1,000, 000. Feb. 8. Merchants' bank of Moorhead, Minn.: $175,000. Feb. 26. Newmarket (N. H.) savings bank suspended; $191,000. Mar. 1. Lima (O.) national bank. Mar. 21. Painesville (O.) Savings and Loan Association bank. Mar. 24. American national bank of Birmingham, Ala. Apr. 15. Interstate national bank of New York. Apr. 27. Commercial bank of St. Paul, Minn; $1,000,000. May 25. People's bank of Sea Isle City, N.J. June 4. Platte Vally bank at Central City, Neb. June 25. First national bank at Erie, Kan., Nesha county; losses, $30,000. Sept. 2. Nebraska State bank at Creta. Sept. 23. Richmond (Me.) savings bank. Sept. People's bank at Hope, Ark. Oct. 17. Two Nebraska state banks, one at Ainsworth, the other at Springview. Oct. 27. Hot Springs (Ark.) Valley bank (private); $80,000. Nov 5. Continental bank at Kansas City, Mo. Nov. 30. Stone City bank, of Joliet, III., and Joliet Enterprise Co. (bark wire manufacturers); $1,000,000. Dec.6. Wholesole mercantile firm of Wilezinski & Nelson at Greenville, Miss; $400,000. Dec. 13. Black Hills national bank at Rapid City, S. D. Dec. 13. Lipman & Co., jute merchants at Dundee, Scotland, failed for $1,250,000. Dec. 15. National bank of Newton, Kan. Dec. 18. Wholesale grocery in Brooklyn, N. Y.; $400,000. CASUALITIES.


Article from People's Voice, January 6, 1893

Click image to open full size in new tab

Article Text

BUSINESS FAILURES. THE MORE DISASTROUS ONES NOTED-BANKS GENERALLY. Jan. 11-First national bank, of Muncie, Pa. Jan. 23-First national bank of Downs, Kan.; $100,000. Jan. 25-Bank of Jefferson at Shepherdstown, W. Va. Jan. 29-Fall River county bank at Oelricks, S. D.: $30,000 Butler county bank at Chicora, Pa.: $60,000. Feb. 2-Commercial loan and savings bank at Kearney, Neb.: $150,000. Feb. 3-National bank of Silver City, and Feb. 4-Marcy, Geer & McCann's back at Raton, N. .M.; $800,000 First national bank of Deming, N. M. Feb. 6-Western Farm Mortgage Company at Denver; $1,000,000. Feb. 8 - Merchants' bank of Moorehead, Minn.: $175,000. Feb. 26-Newmarket (N. H.) savings bank suspended; $191,000. Mar. 1-Lima (0.) national bank. Mar. 21-Painesville (O.) Savings and Loan Association bank. Mar. 24 -American national bank of Birmingham, Ala. Apr. 15-Interstate national bank of New York. Apr. 27-Commercial bank of St. Paul, Minn.: ; $1,000,000. May 25-People's bank of Sea Isle City, N. J. June 4-Platte Valley bank at Central City, Neb. June 25-First national bank at Erie, Kan, Nesha county; losses, $30,000. Sep. 2-Nebraska State bank. at Crete. Sep. 23-Richmond (Me.) savings bank. Sep. 24-People's bank at Hope, Ark Oct. 17-Two Nebraska state banks, one at Ainsworth, the other at Springview. Oct. 27-Hot Springs (Ark.) Valley bank (private); $80,000. Nov. 5-Continental bank at Kansas City, Mo. Nov. 30-Stone City bank, of Joliet, 111., and Joliet Enterprise Co. (barb wire manufacturers); $1,000,000. Dec. 6-Wholesale mercantile firm of Wilczinski & Nelson at Greenville, Miss.: $100,000. Dec. 13-Black Hilis national bank at Rapid City, S. D. Dec. 13-Lipman & Co., jute merchants at Dundee. Scotland, failed for $1,250,000. Dec. 15-National bank of Newton, Kan. Dec. 18-Wholesale grocery in Brooklyn, N. Y.; $400,000. Dec. 26-E.S.Corser Minneapolis, real eastate dealer: $1,000,000.


Article from Baxter Springs News, January 7, 1893

Click image to open full size in new tab

Article Text

BUSINESS FAILURES. THE MORE DISASTROUS ONES NOTED-BANKS GENERALLY. Jan. 11-First national bank. of Muncie. Pa. Jan. 23-First national bank of Downs, Kan.: $100,000. Jan. 25-Bank of Jefferson at Shepherdstown, W. Va. Jan. 29-Fall River county bank at Oelricks, S. .D.: $30,000 Butler county bank at Chicora, Pa.: $69.000. Feb. 2-Commercial loan and savings bank at Kearney. Neb.: $150,000. Feb. 3-National bank of Silver City, and Feb. 4--Marcy. Geer & McCann's bank at Raton, N. M.: $800,000 First national bank of Deming. N. M. Feb. 6-Western Farm Mortgage Company at Denver: $1,000,000. Feb. 8 - Merchants' bank of Moorehead. Minn.: €175.000. Feb. 2--Newmarket (N. H.) savings bank suspended: $191,000. Mar. 1--Lima (0.) national bank. Mar. 21-Painesville (O.) Savings and Loan As: sociation bank. Mar. 24-American national bank of Birmingham. Ala. Apr. 15-Interstate national bank of New York. Apr. 27-Commercial bank of St. Paul, Minn.; $1,000,000. May 35-People's bank of Sea Isle City, N.J. June 4-Platte Valley bank at Central City, Neb. June 25-First national bank at Erie, Kan., Nesha county: losses, $30,000. Sep. 2-Nebraska State bank. at Crete. Sep. 23-Richmond (Me.) savings bank. Sep 24-People's bank at Hope, Ark. Oct. 17-Two Nebraska state banks, one at Ainsworth. the other at Springview. Oct. 27-Hot Springs (Ark.) Valley bank (private): 880,000. Nov. 5--Continental bank at Kansas City, Mo. Nov 30-Stone City bank. of Joliet, 111., and Joliet Enterprise Co. (barb wire manufacturers); $1,000,000. Dec. 6--Wholesale mercantile firm of Wilczinski & Nelson at Greenville, Miss.: $100,000. Dec. 13-Black Hills national bank at Rapid City, S. D. Dec. 15-National bank of Newton. Kan. Dec. 18-W holesale grocery in Brooklyn, N. Y.: $400,000. Dec. 26-E. S. Corser, Minneapolis, real estate dealer: $1,000,000.


Article from The Irish Standard, January 7, 1893

Click image to open full size in new tab

Article Text

GLANCE BACKWARD. Review of the Many Important Happenings of 1892. Heavy Business Failures, Startling Casualties and Horrible Crines-Industrial, Political and Sporting Events, Disastrous Fires of the Year, Etc. BUSINESS FAILURES. MORE DISASTROUS ONES NOTED-BANKS GENERALLY. Jan. 11-First national bank. of Muncie, Pa. Jan. 23-First national bank of Downs, Kan; $100,000. Jan 85-Bank of Jefferson at Shepherdstown, W. Va Jan. 29-Fall River county bank at Oelricks, S. D.; $30,000 Butler county bank at Chicora, Pa.; $60,000. Feb. 2-Commercial loan and savings bank at Kearney, Neb.: $150,000. Feb. 3-National bank of Silver City, and Feb. 4-Marcy, Geer & McCann's bank at Raton, N. M.; $800,000 First national bank of Deming, N. M. Feb. 6-Western Farm Mortgage Company at Denver; $1,000,000. Feb. 8 - Merchants' bank of Moorehead, Minn.: $175,000. Feb. 26-Newmarket (N. H.) savings bank suspended; $191.000. Mar 1-Lima (O.) national bank. Mar. 21-Painesville (O.) Savings and Loan Association bank. Mar. 24-American national bank of Birmingham, Ala. Apr. 15--Interstate national bank of New York. Apr. 27-Commercial bank of St. Paul, Minn.; $1,000,000. May 25-People's bank of Sea Isle City, N. J. June 4-Platte Valley bank at Central City, Neb. June 25-First national bank at Erie, Kan, Nesha county: losses, $30,000. Sep. 2--Nebraska State bank. at Crete. Sep. 23-Richmond (Me.) savings bank. Seu 21-People's bank at Hope, Ark Oct. 17-Two Nebraska state banks, one at Ainsworth, the other at Springview. Oct. 27-Hot Springs (Ark.) Valley bank (pri-, vate); $80,000. Nov. 5-Continental bankat Kansas City, Mo. Nov 30-Stone City bank, of Joliet, 111., and Jollet Enterprise Co. (barb wire manufacturers); $1,000,000. Dec. 6-Wholesale mercantile firm of Wilozinski & Nelson at Greenville, Miss.; $400,000. Dec. .11-Black Hills national bank at Rapid City, S. D. Dec. 13-Lipman & Co., jute merchants at Dundee, Scotland, failed for $1,250,000. Dec. 15-National bank of Newton, Kan. Dec. 18-Wholesale grocery in Brooklyn, N. Y.; $400,000.