14620. Tioga National Bank (Oswego, NY)

Bank Information

Episode Type
Suspension โ†’ Reopening
Bank Type
national
Bank ID
862
Charter Number
862
Start Date
October 14, 1898
Location
Oswego, New York (43.455, -76.510)

Metadata

Model
gpt-5-mini
Short Digest
15cf4ccfd4958541

Response Measures

None

Description

Newspapers report the Tioga National Bank was closed by the Comptroller (order dated Oct 14, 1898) after discovery of a large defalcation by assistant cashier Eli W. Stone (who died shortly thereafter). The bank was permitted to resume business Nov 17, 1898. There is a location inconsistency in the articles: many articles refer to Owego, N.Y. (Tioga County), while the provided bank info lists Oswego, N.Y. I flag bank_name_unsure=true because of this place-name discrepancy. No articles describe depositor runs; the suspension was a government-ordered closure following embezzlement/defalcation, followed by reopening.

Events (3)

1. March 6, 1865 Chartered
Source
historical_nic
2. October 14, 1898 Suspension
Cause
Government Action
Cause Details
Comptroller of the Currency ordered suspension after national bank examiner's report revealing a large defalcation by assistant cashier Eli W. Stone.
Newspaper Excerpt
Comptroller Dawes yesterday ordered the suspension of the Tioga National Bank, of Owego, N. Y.... Close the doors of the bank; receive no more deposits. I have placed C. E. Van Brocklin, national bank examiner, in charge of the bank.
Source
newspapers
3. November 17, 1898 Reopening
Newspaper Excerpt
The Tioga National Bank, of Owego, N. Y., which suspended payment October 14, was today given permission by the Comptroller of the Currency to resume business.
Source
newspapers

Newspaper Articles (21)

Article from The Times, October 14, 1898

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SENATOR T. C. PLATT'S BANK. Bawes Orders the Comptroller Owego Institution Closed. Comptroller of the Currency Charles G. Dawes yesterday ordered the suspension of the Tioga National Bank, of Owego, N. Y., of which Senator T. C. Platt is president, on account of a heavy defalcation by the assistant cashier, Eli W. Stone, who died Wednesday night. Orders closing the bank's doors were wired by Comptroller Dawes to Cashier F. E. Platt, who is a brother of Senator Thomas C. Platt. The text of the comptroller's telegram to Cashier Platt was, "Close the doors of the bank; receive no more deposits. I have placed C. E. Van Brocklin. national bank examiner, in charge of the bank. This action was taken by the comptroller as a result of the recent examination by Examiner Van Brock in, which, as stated. disclosed a large defalcation on the part of Assistant Cashier Stone. Last Tuesday night Examiner Van Brocklin called on Assistant Cashier


Article from Evening Journal, October 14, 1898

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STONE ALONE GUILTY. Cashier Platt and Other Officers Not Implicated. WASHINGTON, Oct. 14.-Comptro.ler of the Currency Dawes late yesterday afternoon telegraphed the cashier of the Tioga National bank of Owego, N. Y., directing him to close the doors of the bank, to receive no more deposits and transact no more business and informing him that he had placed National Bank Examiner C. E. Van Brecklin in charge of the bank. This action was taken as the result of a report made to the comptroller by Mr. Van Brecklin giving the result of a special examination he had made into the affairs of the bank, which had resulted in the discovery of a large defalcation on the part of the assistant cashier, Eli W. Stone. Mr. Van Brecklin said that he and the vice president of the bank had called on Mr. Stone Tuesday night. Mr. Stone was ill and in bed at the time. Mr. Van Brecklin told him that his examination showed that there had been a defalcation, and Mr. Stone confessed that he had been taking money belonging to the bank for many years. Early the next morning Mr. Stone died. Mr. Van Brecklin said that from as careful examination of the books of the bank as he had been able to make he had been unable to find any evidence whatever showing that either the cashier, F. E. Platt, or any other officials of the bank were implicated in any way in the irregularities. He said that the defalcation had occurred through the manipulation of the individual deposit ledger by the assistant cashier while acting as receiving teller. Mr. Van Brecklin had not been able in the length of time at his disposal for the first examination to determine the exact amount of the defalcation. In order, however, to fully protect all interests Comptroller Dawes telegraphed the cashier yesterday afternoon to close the bank and sent Mr. Van Breeklin back to Owego at once to take charge of the bank. Mr. Van Brecklin will make a detailed report of the condition of the bank as soon as possible, and the comptroller will then decide whether it shall be allowed to resume business or whether its strength has been so impaired by the defalcation as to make its permanent suspension necessary.


Article from The Evening Times, November 17, 1898

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Allowed to Resume Business. The Tioga National Bank, of Owego, N. Y., which suspended payment October 14, was today given permission by the Comptroller of the Currency to resume business.


Article from Connecticut Western News, November 17, 1898

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Tioga Bank to Resume. The Tioga National bank of Owego, N. Y, of which Senator Thomas C. Platt is president, will reopen for business on Thursday, with a capital of $50,000. The suspension of the bank was ordered by reason of the peculations of the assistant cashier.


Article from The Monmouth Inquirer, November 17, 1898

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Tioga Bank to Resume. The Tioga National bank of Owego, N. Y., of which Senator Thomas C. Platt is president, will reopen for business on Thursday, with a capital of $50,000. The suspension of the bank was ordered by reason of the peculations of the assistant cashier.


Article from New-York Tribune, November 18, 1898

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PLATTS BANK RESI WES BUSINESS Owego, N Y. Nov. 17.-The Tioga National Bank, of which Senator Thomas C. Platt is president, resumed business 10-day C. D Yothers, formerly of the First National Bank takes the place of E W Stone assistant cashier. whose defalcation led to the suspension of business by the Tioga National Bank some time ago. Stone died shortly after the suspension of the bank, under circumstances which led to the belief that he had committed suicide.


Article from The Indianapolis Journal, November 18, 1898

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General Notes. WASHINGTON, Nov. 17.-To-day's statement of the condition of the treasury shows: Available cash balance, $296,616,654; gold reserve, $241,088,630. The right of the government to prosecute criminally persons grazing sheep in all forest reservations except in Oregon and Washington, was sustained in a decision rendered to-day by the attorney general. The Court of Claims to-day rendered a judgment of $1,961,400 in favor of the New York Indians. who entered suit against the United States to recover the value of certain lands donated to them in Kansas and subsequently disposed of by the United States. The Tioga National Bank, of Owego, N. Y., which suspended payment Oct. 14, 1898, having complied with the conditions imposed by the controller of the currency precedent to resumption, is now in a solvent condition and has been permitted to reopen its doors for business. The President has been notified of the intended visit to this country of President Iglesias, of Costa Rica, who is expected to reach Washington by the first of next week. Secretary Hay is making arrangements for his reception.


Article from The Saint Paul Globe, November 18, 1898

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WASHINGTON Nov. 17.-The Tioga National Bank of Owego, New York, which suspended payment on Aug. 16, 1898, has been permitted to reopen its doors for business.


Article from The Irish Standard, November 19, 1898

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MINOR NEWS ITEMS. For the Week Ending Nov. 10. Three Indian outlaws were killed in fight with officers at Chelsea, I.T. The entire business section of Cov. ington, La., was swept away by a fire. Lord Minto, the new governor general of Canada, took the oath of office in Quebec. Chase, Isherwood & Co., the oldest tobacco firm-in'Ohio, has gone out of business. By the breaking of ice over a river at Velictusting, Russia, 20 persons were drowned. The inauguration of Brazil's new president, Campos Salles, took place in Petropolis. James Richardson, the largest cotton planter in the world, died suddenly at Benoit, Miss. The 2,600 employes in the seven shoe factories in Marlboro, Mass., struck for higher wages. William Green, the oldest man in Indiana, died at his home near Jonesboro, aged 111 years. E. O. Kragness went 50 miles on a bicycle in San Francisco in 2:15:29, making a new record. A seat on the New York stock exchange sold for $28,000, the highest price in 15 years. The Tioga national bank at Owego, N. Y., which suspended recently, has resumed business. Col. James Giliss, assistant quartermaster general, U.S.A., died suddenly in New York, aged 58 years. The Michigan supreme court says boycotts are illegal when other than peaceable methods are employed. William Slagle, a messenger for the Exchange bank at Churubusco, Ind., was robbed of $1,200 by highwaymen. Lieut. Herman G. Dresel, U. S. N., committed suicide in a hotel in Baltimore. His home was in Columbus, O. : Mrs. John B. Cuneo fatally shot her husband and Mrs. Fannie Howell At Argenta, Ark. Jealousy was the couse. John C. Roth, county treasurer and millionaire pork packer, was killed in


Article from The Enterprise, November 23, 1898

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EAST. Within a few days a conference of anti-imperialists of Boston will take and it is deliberations replace of this expected gathering that will the sult in the formation of a regular organization in Boston for arousing of Spain's public sentiment conquered against possessions the holding by the United States. William R. Frazier, grand marshal of the Pennsylvania grand lodge of Masons, disappeared from his home in Philadelphia on the 10th and all trace of his movements since that time has been lost. The death of Sibyl Johnstone, the actress, which occurred at her home in New York City on November 1, has just been made known. Her body was cremated. The thirty-second annual meeting of the national grange, Patrons of Husbandry, assembled at Concord, N. H., on the 16th. Master Aaron Jones, of Indiana, presided. Seventeen states were represented. On account of the improvement of street railway cars the Brooklyn Heigh's (N. Y.) Railroad Co. has condemned 223 cars, which are now being burned near Coney Island at the rate of nine a day. The cars are in good condition and worth about $500 apiece. About $70 worth of metal is obtained from each car destroyed. The Tioga national bank, of Owego, N. Y., which suspended payment October 14, having complied with the conditions imposed by the comptroller of the currency precedent to resumption, is now in a solvent condition and open for business. President Timothy Dwight presented his resignation to the corporation of Yale university at a meeting held at New Haven, Conn., on the 17th. The resignation is to take effect at the end of the university year. It was decided at a meeting of the stockholders of the national cicyle board of trade in New York City on the 17th to dissolve that corporation. A petition in bankruptcy has been filed by the firm of Seidenberg, Steifel Co., cigar dealers of New York City. The liabilities are $308,866. Prof. Henry Vaningen, the artist, who had been art instructor of Vassar college since its opening in 1865, died suddenly at his home in Poughkeepsie, N. Y., on the 17th. He was 65 years old. The election expenses of Timothy L. Woodruff. lieutenant governor-elect of New York, as certified to the secretary of state, were $13,500, $10,000 of which he paid to the republican state committee, and $3,500 to Kings county republican committee. The Cuban army will receive one year's pay on December 10. Notes for the balance due will be issued and the troops will be disbanded. In the Greenpoint district of Brooklyn, N.Y., on the 18th fire caused a loss of $103,000. The largest loss is sustained by Joseph Schriver & Co., furniture dealers, $60,000. The balance of the loss was caused by the destruction of a number of small business places and dwellings. For the week ended November 18 business failures in the United States numbered 223, as compared with 267 for the corresponding period of 1897, and 26 in Canada, as against 32 for the same time last year. The death of Lindlay Smith, aged 88 years, occurred in Philadelphia on the 18th. He was active during the war in promoting the financial interests of the was elected ofgovernment president and the when first time, Grant he fered Mr. Smith the secretaryship of the treasury, but he declined the office. On the Camden & Amboy railroad at Florence, N. J., on the 18th two personawere injured, an engine and passenger coach destroyed and a railroad station burned by a rear-end collision between two local passenger trains. โ‘‰


Article from The Leader, November 23, 1898

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THE EAST. The oldest actress in this country and probably in the world, Clara Fisher Maeder, died at Metuchen, N.J., aged 87 years. In the United States the visible supply of grain on the 14th was: Wheat, 19,194,000 bushels: corn, 23,529,000 bushels; oats, 5,499,000; bushels; rye, 1,017.000 bushels; barley, 3,341,000 bushels. Business has been resumed by the Tioga national bank at Oswego, N. Y., which suspended recently. Samuel C. Bartlett, former president of Dartmouth college, died suddenly at Hanover, N. H., aged 71 years. On the stage in New York Ethel Marlowe, a young and handsome actress, dropped dead. The torpedo boat Dupont made over 30 knots an hour at Newport, R. I., proving her to be the fastest boat in 1! United States navy. After serving 12 years Timothy Dwight, president of Yale college at New Haven, Conn., has resigned. The firm of Seidenberg, Steifel & Co.. cigar dealers in New York, failed for $500,000. In Pittsburgh, Pa., G. W. Schmidt. wholesale liquor dealer, filed his petition in voluntary bankruptcy with liabilities of $818,000.


Article from The Worthington Advance, November 24, 1898

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THE EAST. Business has been resumed by the Tioga national bank at Oswego, N. Y., which suspended recently. Samuel C. Bartlett, former president of Dartmouth college, died suddenly at Hanover, N. H., aged 71 years. On the stage in New York Ethel Marlowe, a young and handsome actress, dropped dead. After serving 12 years Timothy Dwight, president of Yale college at New Haven, Conn., has resigned. The firm of Seidenberg, Steifel & Co.; cigar dealers in New York, failed for $500,000. In Pittsburgh, Pa., G. W. Schmidt, wholesale liquor dealer, filed his petition in voluntary bankruptcy with liabilities of $818,000.


Article from The L'anse Sentinel, November 26, 1898

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the Woman's Christian Temperance union Mrs. L. M. N. Stevens, of Maine, was elected president. The strike of coal miners in the Virden (III.) district, which has been the cause of rioting and bloodshed, has been brought to an end. Chase, Isherwood & Co., the oldest tobacco firm in Ohio, has gone out of business. The Tioga national bank at Owego, N. Y., which suspended recently, has resumed business. The union coal miners returned to work at Virden, Ill., after a lockout since April 1. The Missouri supreme court decided the law by which cities are compelled to sell franchises to corporations to be unconstitutional. Prairie fires in Gregory. Tripp and Todd counties, S.D., caused the ruin of thousands of acres of range and the loss of many cattle. Robert McFadden, William Henderson, John Kell and George Morgan were caught in the bottom of a shaft in Butte, Mont., by an explosion and fatally injured. The First national bank of Emporia, Kan., was closed by order of the comptroller of the treasury. and an hour !ater Charles S. Cross, the bank's president. committed suicide. Ethel Marlowe, a young and hand- the some astress, dropped dead on stage in New York. The report of Gen. G. N. Lieber, judge advocate general. for the year ended August 31, shows that there have been a total of 1,180 courts-martial during the year. Bishop Fowler announces that the Methodists are preparing to establish the churches in Cuba, Porto Rico and Philippines. The government has decided to investhe race troubles in South Carolina tigate in respect to the interference with the duties of federal officers. Mayor Ziegenheim has s vetoed the curfew bill passed by the St. Louis city council. The thirty-second annual meeting Hus- of the National grange, Patrons of bandry, began in Concord, N. H. Attheclosing session in St. Paul of the Woman's Christian Temperance union Mrs. M. B. Carse. of Illinois, one of the most prominent members. withdrew she from the organization. saying would not return until the temple fund was raised. The world's gold product for 1898 is placed at $275,000,000, against $237,000,000 in 1897. The total imports of gold in the ten months ended October 31, 1898, were $143,658,095 exceeding the exports by $129.396,246. The total money in circulation in the United States at the beginning of the present month was $1,866,575,782. against $1,706,732,904 at the corresponding date last year. Two battles took place between union white miners and negroes in Springside, a suburb of Pana, III., but no one was: riously injured. Secretary Long in his annual report three recommends the construction of first-class battleships and five first-class aa armored cruisers and recommends addition of 5,000 men to the navy. At citizens' mass meeting in Omaha a decided that the trans-Missisnext year. sippi it was exposition should be continued Col. F. C. Ainsworth, chief of the and pension office. war depart- that record in his annual report says disment, 13,296 cases were received and posed of during the past fiscal year. the a net increase of 43,489 cases over previous At Newport, year. R. I., the torpedo hour. boat made over 30 knots an in the proving Dupont her to be the fastest boat United States navy. Timothy Dwight, president of for Yale 12 college at New Haven. Conn., years, has resigned. Seidenberg. Steifel & Co., cigar dealin New York, failed for $500,000. ers said that Secretary Alger. in his and President will annual It is report, congress. McKinley, his annual message to be in recommend that the standing army basis of placed on a permanent peace 100,000 men. Schmidt. wholesale liquor deal W. Pittsburgh. Pa., filed his petition liabiler in in voluntary bankruptcy with ities of $818,000.


Article from The Anaconda Standard, January 1, 1899

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-High water mark of the government gold reserve, $245,063,795. 13-The Tioga National bank of Oswewo, N. Y. (Senator Platt, president), suspends on account of the defalcation and suicide of the assistant cashier. 18-Judge Hammond of the United States court in Cleveland enjoins striking wire drawers from interfering with non-union men. 24-The United States supreme court decides the Joint Traffic association unlawful. The Illinois supreme court holds that the charter of the Pullman Palace Car company does not permit it to own the town of Pullman, nor any other real estate not necessary to the conduct of its business. NOVEMBER. 12-The Virden, Ill., coal mine strike settled. 16-The First National bank of Emporia, Kan., closed by Comptroller Dawes: President Cross commits suicide. 25-An attachment suit begun against Grant C.,Gillett, the Kansas cattle man. DECEMBER. 2-The Consolidated Tinplate company organized. 3-The Thingvalla line sold to the United States Steamship company. 5-The Linseed Oil company, incorporated. 15-American Potteries company incorporated.


Article from The Anaconda Standard, January 1, 1899

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8-High water mark of the government gold reserve, $245,063,795. 13-The Tioga National bank of Oswewo, N. Y. (Senator Platt, president), suspends on account of the defalcation and suicide of the assistant cashier. 18-Judge Hammond of the United States court in Cleveland enjoins striking wire drawers from interfering with non-union men. 24-The United States supreme court decides the Joint Traffic association unlawful. The Illinois supreme court holds that the charter of the Pullman Palace Car company does not permit it to own the town of Pullman, nor any other real estate not necessary to the conduct of its business. NOVEMBER. -The Virden, III., coal mine strike settled. 16-The First National bank of Emporia, Kan., closed by Comptroller Dawes; President Cross commits suicide. 25-An attachment suit begun against Grant C. Gillett, the Kansas cattle man. DECEMBER. 2-The Consolidated Tinplate company organized. 3-The Thingvalla line sold to the United States Steamship company. 5-The Linseed Oil company, incorporated. 15-American Potteries company incorporated.


Article from Marietta Daily Leader, January 1, 1899

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BANK FAILURES. Jan. 17-State, Elmwood, Ill., $60,000. 21-National, Paola, Kan., suspended. 1-First - national, Larimore, N. D., $71,754. Feb. -Bank of Southern Baltimore, $170,000. Mar. 6-Home savings, Sioux City, Ia., $60,000 Benson savings, Waterford, Pa., $40,000. 24-Bank of Merriam Park, St. Paul, Minn. People's state, Philadelphia, nearly $1,000,000. 25 Guarantors' Finance Co., Philadelphia, $1,047,500. Jun. 7--Delaware national, Delhi, N. Y., $25,000. 29-Thomas J. Kirby, private, Abilene, Kan., $283,000. Jul. 20-Commercial state, Marshalltown, Ia. 21-German savings, Doon, la., $59,474 Northern, Lexington, Ky. (suspended) 23-Tawas savings, Tawas City, Mich. (suspended). Aug. 11-Bank of Waverly, Ill., $150,000. 27-Fillmore county, Preston, Minn., $150,000. Sep. 14-D. F. Parsons, private, Burr Oak, Mich., $100,000. 15-Jasper, Ala., bank, $65,000. 26-Allegheny, at Clifton Forge, Va., liabilities, $50,000. Oct. 4-Tradesman's national, at New York, $2,000,000 due depositors. Liabilities placed at $3,800,000. 13--Tioga national, of Oswego, N. Y., closed. 19 -First national of Neligh, Neb., liabiliGerman national of Pitts ties $108,000 burgh, Pa., liabiliteis, $2,000,000. 21-First national, of Lisbon, O., capital $50,000 closed; resumed on Nov. 15. 20-Second national, of Springfield, O., goes into liquidation. Nov. 5-First national, of Flushing., O., susspends. 16-First national, of Emporia, Kan., closed. 28-Bank of Hornersville, N. Y., closes doors with liabilities of $75,000. 30 Second national, of Toledo, O., goes into voluntary liquidation. Dec. 5-American savings, at Charleston, S. C., placed in hands of receiver. Liabilities, $100,000.


Article from Iron County Register, January 5, 1899

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BANK FAILURES. Jan. 17-State, Elmwood, III., $60,000. 24-National, Paola, Kan., suspended. 31-First national, Larimore, N. D., $71,754. Feb. 24-Bank of Southern Baltimore, $170,000. Mar. -Home savings, Sioux City, Ia., $60,000 Benson savings, Waterford, Pa., $40,000. 24-Bank of Merriam Park, St. Paul, Minn. People's state, Philadelphia, nearly $1,000,000. 25 Guarantors' Finance Co., Philadelphia, $1,047,500. Jun. 7-Delaware national, Delhi, N. Y., $25,000. 29-Thomas J. Kirby, private, Abilene, Kan., $283,000. Jul. 20-Commercial state, Marshalltown, Ia. 21-German savings, Doon, la $59,474 Northern, Lexington, Ky. (suspended). 23-Tawas savings, Tawas City, Mich. (suspended). Aug. 11-Bank of Waverly, III $150,000. 27-Fillmore county, Preston, Minn., $150,000. Sep. 14-D. F. Parsons, private, Burr Oak, Mich., $100,000. 15-Jasper, Ala., bank, $65,000. 26-Allegheny, at Clifton Forge, Va., liabilities, $50,000. Oct. -Tradesman's national, at New York, $2,000,000 due depositors. Liabilities placed at $3,800,000. 13-Tioga national, of Oswego, N. Y., closed. 19-First national of Neligh, Neb., liabiliGerman national of Pitts ties $108,000 burgh, Pa., liabiliteis, $2,000,000. 21-First national, of Lisbon, O., capital $50,000-closed; resumed on Nov. 15. 29 Second national, of Springfield, O., goes into liquidation. Nov. -First national, of Flushing., O., suspends. 16-First national, of Emporia, Kan., closed. 28-Bank of Hornersville, N. Y., closes doors with liabilities of $75,000. 30 Second national, of Toledo, O., goes into voluntary liquidation. Dec. 5-American savings, at Charleston, S. C., placed in hands of receiver. Liabilities, $100,000.


Article from Perrysburg Journal, January 7, 1899

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BANK FAILURES. Jan. 17-State, Elmwood, III., $60,000. 24-National, Paola, Kan., suspended. -First national, Larimore, N. D., $71,754. Feb. 24-Bank of Southern Baltimore, $170.000. Mar. 16-Home savings, 8 Sioux City, Ia., $60,000 Benson savings, Waterford, Pa., $40,000. 24-Bank of Merriam Park, St. Paul, Minn. People's state, Philadelphia, nearly $1,000,000. 25-Guarantors' Finance Co., Philadelphia, $1,047,500. Jun. 7-Delaware national, Delhi, N. Y., $25,000. 29- l'homas J. Kirby, private, Abilene, Kan., $283,000. Jul. 20-Commercial state, Marshalltown, Ia. 21-German savings, Doon, la. $59,474 Northern, Lexington, Ky. (suspended). 23-Tawas savings, Tawas City, Mich. (suspended). Aug. 11-Bank of Waverly, III., $150,000. Fillmore county, Preston, Minn., $150,000. Sep. It-D. F. Parsons, private, Burr Oak, Mich., $100,000. 15-Jasper, Ala., bank, $65,000. 26-Allegheny, at Clifton Forge, Va., liabilities, $50,000. Oct. 4 -Tradesman's national, at New York, $2,000,000 due depositors. Liabilities placed at $3,800,000. 13-Tioga national, of Oswego, N. Y., closed. 19-First national of Neligh, Neb., liabiliGerman national of Pitts ties $108,000 burgh, Pa., liabiliteis, $2,000,000. 21-First national, of Lisbon, O., capital $50,000-closed; resumed on Nov. 15. 29 Second national, of Springfield, O., goes into liquidation. Nov. 5-First national, of Flushing., O., suspends. 16-First national, of Emporia, Kan., closed. 28-Bank of Hornersville, N. Y., closes doors with liabilities of $75,000. 30-Second national, of Toledo, O., goes into voluntary liquidation.


Article from The L'anse Sentinel, January 7, 1899

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BANK FAILURES. Jan. 17-State, Elmwood, Ill., $60,000. -National, Paola, Kan., suspended. 1-First national, Larimore, N. D., $71,754. Feb. 24 -Bank of Southern Baltimore, $170,000. Mar. 16-Home savings, Sioux City, Ia., $60, 000 Benson savings, Waterford, Pa., $40,000. 24-Bank of Merriam Park, St. Paul, Minn. People's state, Philadelphia, nearly $1,000,000. 25 Guarantors' Finance Co., Philadelphia, $1,047,500. Jun. 7-Delaware national, Delhi, N. Y., $25,000. 29-Thomas J. Kirby, private, Abilene, Kan., $283,000. Jul. .20-Commercial state, Marshalltown, Ia. 21-German savings, Doon, Ia., $59,474 Northern, Lexington, Ky. (suspended). 23-Tawas savings, Tawas City, Mich. (suspended). Aug. 11-Bank of Waverly, Ill. $150,000. 27-Fillmore county, Preston, Minn., $150,000. Sep. 14-D. F. Parsons, private, Burr Oak, Mich., $100,000. 15-Jasper, Ala., bank, $65,000. 26-Allegheny, at Clifton Forge, Va., liabilities, $50,000. Oct. 4-Tradesman's national, at New York, $2,000,000 due depositors. Liabilities placed at $3,800,000. 13-Tioga national, of Oswego, N. Y., closed. 19-First national of Neligh, Neb., liabiliGerman national of Pitts $108,000 burgh, Pa., liabiliteis, $2,000,000. 21-First national, of Lisbon, O., capital $50,000 closed; resumed on Nov. 15. 29 Second national, of Springfield, O., goes into liquidation. Nor. 5- First national, of Flushing., O., suspends. 16-First national, of Emporia, Kan., closed. 28-Bank of Hornersville, N. Y., closes doors with liabilities of $75,000. 30-Second national. of Toledo, O., goes into voluntary liquidation.


Article from The Beaver Herald, January 12, 1899

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BANK FAILURES. Jan. 17-State, Elmwood, Ill. $60,000. 21-National, Paola, Kan., suspended. 31 - -First national, Larimore, N. D., $71,754. Feb. 24 Bank of Southern Baltimore, $170, 000. Mar. 16-Home savings, Sioux City, Ia. $60.000 Benson savings, Waterford, Pa., $10,000. 24 Bank of Merriam Park, St. Paul, Minn. People's state, Philadelphia, nearly $1,000,000. 25 Guarantors' Finance Co., Philadelphia, $1,047,500. Jun. 7-Delaware national, Delhi, N. Y., $25,000. 29 - -Thomas J. Kirby, private, Abilene, Kan., $283,000. Jul. :20-Commercialstate, Marshalltown, Ia. 21-German savings, Doon, la., $59,474 Northern, Lexington, Ky. (suspended) 23 Tawas savings, Tawas City, Mich. (suspended). Aug. 11-Bank of Waverly, Ill $150,000. 27-Fillmore county, Preston, Minn., $150,000. Sep. 14-D. F. Parsons, private, Burr Oak, Mich., $100,000. 15-Jasper, Aia. bank, $65,000. 26 3-Allegheny, at Clifton Forge, Va., liabilities, $50,000. Oct. 4-Tradesman's national, at New York, $2,000,000 due depositors. Liabilities placed at $3,800,000. 13-Tioga national, of Oswego, N. Y., closed. 10 -First national of Neligh, Neb., liabilities $108,000 German national of Pitts burgh, Pa., liabiliteis, $2,000,000. 21 - -First national, of Lisbon. O., capital $50,000- closed: resumed on Nov. 15. 29 Second national, of Springfield, O., goes into liquidation. Nov. 5 -First national, of Flushing., O., sus pends. -First national, of Emporia, Kan. closed. 28 Bank of Hornersville, N. Y., closes doora with liabilities of $75,000. 30 Second national, of Toledo, O., goes into voluntary liquidation. Dec. 5-American savings, at Charleston, S. C., placed in hands of receiver. Liabilities, $100,000.


Article from The Holly Chieftain, January 13, 1899

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BANK FAILURES. Jan. 17-State, Elmwood, III., $60,000. 24 -National, Paola, Kan., suspended. 31 - First national, Larimore, N. D., $71,754. Feb. 24-Bank of Southern Baltimore, $170, 000. Mar. 16-Home savings, Sioux City, Ia., $60, 000 Benson savings, Waterford, Pa., $40,000. 24-Bank of Merriam Park, St. Paul, Minn. People's state, Philadelphia, nearly $1,000,000. 25-Guarantors' Finance Co., Philadelphia, $1,047,500. Jun. 7-Delaware national, Delhi, N. Y., $25,000. 29-Thomas J. Kirby, private, Abilene, Kan., $283,000. Jul. .20-Commercial state, Marshalltown, Ia. 21-German savings, Doon, 1a., $59,474 Northern, Lexington, Ky. (suspended) 23-Tawas savings, Tawas City, Mich. (sus pended) Aug. 11-Bank of Waverly, III., $150,000. 27 -Fillmore county, Preston, Minn., $150,000. Sep. 14-D. F. Parsons, private, Burr Oak, Mich., $100,000. 15-Jasper, Aia., bank, $65,000. 26-Allegheny, at Clifton Forge, Va., lia bilities, $50,000. Oct. 4-Tradesman's national, at New York, $2,000,000 due depositors. Liabilities placed at $3,800,000. 13-Tioga national, of Oswego, N. Y., closed. 19-First national of Neligh, Neb., liabiliGerman national of Pitts ties $108,000 burgh, Pa., liabiliteis, $2,000,000. 21-First national, of Lisbon. O., capital 350,000-closed; resumed on Nov. 15. 29-Second national, of Springfield, 0, goes into liquidation. Nov. 5-First national, of Flushing., O., suy. pends. 16-First national, of Emporia, Kan., closed. 28-Bank of Hornersville, N. Y., closes doora with liabilities of $75,000. 30-Second national, of Toledo, O., goes into voluntary liquidation. Dec. 5-American savings, at Charleston, S. C., placed in hands of receiver. Liabilities, $100,000.