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national
ac29b11e588a7bd4Accommodated withdrawals, Public signal of financial health
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Run on a National Bank. MADISON, Wie., June 5.-There was a emall run on the First National Bank today, but not enough to cause any great exeitement. The bank's balance at the close of business Saturday showed $258,000 on hand to meet demands, and the officers of the bank are not at all alarmed.
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They Held the Cash. MADISON Wis.. June 5. - There was a email run on the First National bank this morning, but not enough to cause any great excitement. The bank's balance at the close of business showed $259,000 on hand to meet demands, aud the officers of the bank are not at all alarmed.
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STILL THEY GO. More Banks Obliged to Close Their Doors. A Big Run on Savings Banks and Institutions at Chicago. Western States Severely Shakea by This Great Financial Panic. MANITOWOC, Wis, June 6.-The State Bank of this city has closed. Capital stock, $50,000; surplus: $10,000. The Manitowoc Savings Bank is experiencing a light run. Reports from Racine say a run is in progress on the Manufacturers' and National Bank. At Madison the run on the First National Bank has increased in vigor and other banks are having increased demands.
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A Wisconsin Bank Suspends. MANITOWOC, Wis., June 6.-The State Bank of this city has closed. The capital stock was $50,000 and the surplus $10,000. The Manitowoo Savings Bank is experienceing a light run. Reports from Racine say a run is in progress on the Manufacturers' National Bank. At Madison the run on the First National Bank has increased in vigor, while other banks are having increased demands.
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WISCONSIN'SUFFERS. Many Banks in Trouble and Some of Them Closed. MANITOWOC, Wis., June 6.--The state bank of this city is closed. The capital stock is $50,000; surplus $10,000. The Manitowoc savings bank is experiencing a light run. Reports from Racine say a run is in progress on the Manufacturers' National bank. At Madison, the run on the First National bank has increased in vogor and other banks are having increased demands. The bank of Two Rivers closed the doors this morning. It is capitalized at $10,000 and its resources, according to the last statement, were $40,520. The amount due depositors is $59,314.
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A Run at Madison. MADISON, Wis., June 7.-A run has begun on the First National bank of this city. The anxious ones are mostly small depositors. There is no cause for uneasiness, but the reports from Milwaukee and Chicago and a general lack of confidence. The state has $100,000 deposited in this bank. There is no general lack of confidence in the bank's stability.
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Rons ou Wisconsin Banks. MATITOWOC, Wis., June 6.-The State bank of this city has failed. It had a capital of $50,000; surplus, $10,000. The Manitowoc Savings bank is now experiencing a slight run. Reports from Racine say a run is in progress on the Manufacturera' National bank. At Madison the run on the First National has increased. Other banks are having increased demands.
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Failing Banks. PALONBE, Wash., June 8.-The First National bank of this city closed its doors yesterday. The suspension is due to the failure of the bank of Spokane. The bank has a capital of $100,000 and deposits of about $30,000. Milwaukee-The State bank at Manitowoo has closed. Its capital stock was $50,000 and the surplus $10,000. The Manitowoc Savings bank is now experiencing a light run. Reports from Racino say a run is in progress on the Manufacturers' National bank. At Madison the run on the First National bank has increased in vigor, while other banks are having increased demands.
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DEPOSITORS LINE UP. HEAVY RUNS IN PROGRESS ON WESTERN BANKING HOUSES. Illinois Trust and Savings Bank and Other Chicago Institutions Subjected to a Severe Strain-Runs in Progress On Wisconsin and Washington Banks. CHICAGO, June 6.-Between 1200 and 1500 people formed in line to-day at the Illinois Trust and Savings bank to withdraw their deposits, although the bank remained open till 3 o'clock this morning, paying out money on demand. At other savings banks also the run which began yesterday seemed to have increased in proportion to-day. The assets of the bank are $128,114,000. The stockholders are estimated as being worth $150,000,000. L. Z. Leiter, who is one of the beavioststockholders in the bank, said last night: "I have real estate enough to pay all these claims and it is at the service of the bank. Every person who has a dollar here may have it on demand." Runs on Wisconsin Banks. MANITOWOC, Wis., June 6.--The State bank of this city has closed. Its capital stock was $50,000 and the surplus $10,000. The Manitowoc Savings bank is experiencing a light run. Reports from Racine say a run is in progress on the Manufacturers' and National bank. At Madison the run on the First National bank has increased in vigor, while other banks are having increased demands. D. fiance savings Bank Closed. TOLEDO, Ohio, June 6.-A special from Defiance, Ohio, states that the doors of the Defiance Savings bank closed by the assig1100 yesterday afternoon. The bank has a paid up capital of $27,000. The assets will reach not less than $150,000 and liabilities are stated at $100,000.
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JUST A LITTLE RUN. Madison Wis., June 6.-There. were rumers of a slight run on the First National bank this morning, but there were not enough calls of depositors to create any excitement. The bank's weekly balance sheet shows $359,000 in cash on hand this morning to meet demands and no fears are entertained by the officers.