1d69dfa8e439358dAccommodated withdrawals, Public signal of financial health, Capital injected
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Oklahoma Bank Troubles OKLAHOMA CITY, O. T., July 19.-The Bank of Oklahoma City and the Oklahoma National Bank closed their doors this after noon. There was a heavy run OD the First National but It withstood 10 all right. Statemen S are unobtainable 11 W.
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Two Oklahoma Banks. OKLAHOMA CITY, Ok.,July 19.-The bank of Oklahoma City and Okishoma National bank have failed. The First National stood a heavy run. Nostate. ments.
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Two Oklahoma City Banks Fail. OKLOHAMA CITY, O. T., July 19.-The Bank of Oklahoma City and the Oklahoma National Bank closed their doors this afternoon. There was a heavy run on the First National, but it withstood it all right. Statements as yet are unobtainable.
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Two Banks Closed at Oklahoma. Oklahoma City, July 19.-Tne Bank of Oklahoma City and the Oklahoma National Bank closed their doors this afternoon. There was a heavy run on the First National, but it withstood it all right. Statements are unobtainable now.
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Oklahoma Banks Close. OKLAHOMA CITY, July 20.-The Bank of Oklahoma City and the Oklahoma National Bank closed their doors yesterday afternoon. There was a heavy run on the First National, but it withstood it all right.
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BANKS CONTINUE TO CLOSE. Hutchinson. Kan., July 19.-Owing to financial stringency, making it impossible to secure currency sufficient to meet its demands, the Hutchinson National Bank did not open its doors this morning, but posted notice of suspension of payment. The assets are $251,000, and the liabilities $131,000. The bank was in good condition and under ordinary pressure would not have experienced any difficulty. It is the first bank failure in the history of the city. There is no doubt that depositors will be paid in full. Topeka, Kan., July 19.-Information has been received at the office of the State Bank Commissioner of the failure of the State Bank of Parker. Linn County, and of the Woodson State Bank of Yates Centre, Woodson County. Both are small concerns. Washington. July 19.-The Controller of the Cur rency is informed of the failure of the Bozeman Na. tional Bank. of Boreman, Montana. Denver, July 19.-The J. B. Wheeling Banking Company. pioneer bank of Aspen, Col.: Bank of Sterling, Sterling. Col., and the Bank of Loveland, Col., have assigned. So statements of assets or liabilities have been issued. Oklahoma City, O. T., July 19.-The Pank of Ok lahoma City and the Oklahoma National Bank closed their doors this afternoon. There With a heavy run on the First National, but 11 withstood it all right. Statements are unobtainable now. Loveland. Col., July 19-The following notice was posted on the door of the Bank of Loveland just before noon to-day : Owing to the closing of our Denver correspondents we have decided to close our doors temporarily. Our assets are largely in excess of our liabilities. Every depositor will be paid in full. G. L. SMITH. Cashier. The principal correspondent of this bank In Denver was the German National Greeley, Col. July 19. The Union Bank closed Its doors in 1 p. m. to-day. and a half-hour later the Greeley National Bank pulled down its blinds and turned the key in its door. The Union's statement says that owing to the suspension of certain Denver National banks, which had on deposit several thousand dollars of Its money. and the fact that there was a steady withdrawal of deposits, about $80,000 in the last ninety days, they were compelled to suspend business. They say their liabilities are about $100. 000. with assets and paid-up capital of $300,000. As soon as the fact of the suspension of these banks became known. a steady run was made on the First National bat It continued to honor all checks and drafts. and even after the regular closing hour cashed two checks presented.
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FORCED TO THE WALL. Banks and Business Concerns Fail Under the Pressure. HUTCHINSON, Kans., July 19.-Owing to the financial stringency. the Hutchinson National Bank did not open its doors this morning. Assets, $251,000; liabilities, $131,000. There is no doubt but that the depositors will be paid in full. Other local banks are well fortified and no further trouble is anticipated. TOPEKA, Kans., July 19-The State Bank Commissioner is informed of the failure of the State Bank of Parker and Wood & Sons at Yates Center. Both are small. MOBILE, Ala., July 19. - The Daily Register, one of the oldest newspapers in the South, has made an assignment. The publication will be continued under authority of the court. WASHINGTON, July 19.-The Comptroller of the Currency is informed of the failure of the Bozeman National Bank of Bozeman, Mont. CHICAGO, July 19.-Dickinson Brothers & King, dealers in cement and building material, went into the hands of a receiver to-day, through the filing of a bill by stockholders in Brooklyn. It is claimed the firm has assets of $260,000 in excess of its liabilities, but the pressure of the times and sharp competition have made the business unprofitable, and the business should be wound up. It is claimed the creditors will be paid in full and a substantial balance left. BROOKLYN, July 19.-The large carpethouse of Hardenburg & Co. has assigned. OKLAHOMA CITY, July 19.-The Bank of Oklahoma City, which closed its doors to-day, is only temporarily embarrassed and will open to-morrow, giving certificates of deposit in lieu of cash, which the leading merchants of the city will accept as cash. The liabilities of the bank are $95,000 and the assets $170,000. The Oklahoma National Bank also closed its doors. President Stiles says the assets are abundant and can be utilized a/most immediately. The First National has withstood a steady withdrawal for thirty days, culminating in a free run this afternoon. All checks were paid as fast as three tellers could count the money, and President Richardson announced that they would keep open until midnight, adding that the crowd might hang him if any depositor lost a dollar. DETROIT, July 19.-A Free Press special from Negaunee, Mich., says: Judge Burke of the Cleveland (Or.) commission firm of Corrigan, Ives & Co., now in the hands of a receiver, claims that Ferdinana Schlesinger owes the firm $270,000. which Schlesinger says is $70,000 ab ve the real figures. Burke also says the Buffalo Mining Company owes them $2,000,000. This, also, is alleged to be erroneous. Representatives of the creditors will confer with Schlesinger at Milwaukee to-morrow. NEW YORK, July 19.-The Farmers' Loan and Trust Company, as trustee, has brought suit against the D. G. Yuengling Jr. Brewery Company to foreclose a mortgage of $1,500,000 given on the brewery property to secure bonds. A lis pendens was to-day filed against the property.
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Two Oklahoma Banks Go Under. OKLAHOMA CITY, O. T., July 20.-The Bank of Oklahoma City and the Oklahoma National bank closed their doors. There was a heavy run on the First Na tional, but it withstood it all right.
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Oklahoma Failure. OKLAHOMA CITY, O. T., July 19.The Bank of Oklahoma City, which closed its doors today, is only temporar ily embarrassedand will open tomorrow, giving certificates of deposit in lieu of cash, which the leading merchants of the city will accept as cash. The stockholders are all men of large personal responsibility, and depositors will be paid in full almost immediately. Their liabilities are $85,000; assets, $170,000. The bank wili resume fully within two or three weeks. The First National has. withstood a steady withdrawal for thirty days, culminating in a free run this afternoon. All checks were paid ' S fast as three tellers could count the money, and President Richardson announced to the crowd that they would keep open until midnight, adding that the crowd might hang him if any depositor lost a dollar.
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Oklahoma Banks. OKLAHOMA, O. T., July 20.-(Special.) -The financial clouds have cleared away. Both suspended banks will pay every dollar in full. The First National bank stands like a rock. Your reporter saw this bank receive and count into vaults $25,000 from I. M. Curtiss and H. J. Whitley. The run is a matter of history, and peace and confidence have folded their brooding wings over the city.
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SOUTHERN. BIRMINGHAM, Ala., special: Near Moulton, Lawrence County, Miss Jane Caldwell, the 17-year-old daughter of a wealthy planter, cut her throat with an old knife. She had an appointment to attend a dance with James Jennings. Jennings failed to come for her and she went to the dance with her brother, only to find Jennings there with another girl. When she upbraided him for his faithlessness Jennings laughed in her face. On returning home she retired to her room, heartbroken, and when found a short time afterward was dying with the bloody knife in her hand. PINEVILLE, Ky., special: A battle occurred on Straight Creek, fifteen miles from here, in which John Helton was killed and James Belcher and Charles Johnson was badly wounded. There were on the other side three men and a woman who could handle a rifle with the best of men. The Helton crowd was surrounded and fired upon from ambush. They returned the fire and think some of their enemies were wounded and carried to the mountains. The battle grew out of a series of lawsuits. CHARLESTON, W. Va., special: Burglars entered the bank at Anderson, Monroe County, blew open the safe and carried off $5,000-practically all it contained, as most of the funds was deposited at Ronceveral, thirty miles distant, the bank having no vault. The robbers escaped, leaving no clue. The postoffice and a hardware store was robbed and another store's cash drawer was looted. The burglars secured about $100. It is thought to be the work of an organized gang HENDERSON, Ky., special: John Swanason, colored, was killed while attempting to break jail. A conspiracy to escape had been found to exist among several of the prisoners, which when they attempted to acomplish it, resulted in the death of the leader. Swanagan was a powerful fet ow, and before he was subdued he whipped Jailer Kohl, Deputy Jailer Whitehead and three negro trusties. The coroners's jury returned a verdict exonerating the jailer and his assistants. LITTLE ROCK, Ark., special: Deputy Sheriffs Ed Edwards and Willis Baxter were sent out on the line of the Little rock and Monroe Railroad near Mon. oe, La., to apprehend a man named Hugh Abrams who had been in the habit of shooting into passenger trains on the outskirts of the city. They met in the dark and mistook each other for the culprit and opened fire. Edwards dropped dead in his tracks and Baxter received a fatal wound. VANCEBURG, Ky., special: Major William Hardiman, one of the oldest and wealthiest men of Lewis County, was found dead on the road leading to this place, with three rifle balls in his body. Suspicion points to another wealthy resident of the county as his assassin, as the men had been deadly enemies for years, and the man under suspicion had openly declared years ago that some day he would kill Major Hardiman. PARKERSVILLE, W. Va., special: David Weaver of Cairo, Ritchie County, on whose land a big 240-barrel a day well was struck, died of heart disease resulting from excitement over his stroke of good fortuue. He had been in poor circumstamcès all his life and the prospects of sudden wealth was too much for him. OKLAHOMA CITY, Oklahoma, special: The Oklahoma National Bank went into voluntary insolvency and transferred all its business to the First National Bank. This bank failed in 1893, passing into the hands of a receiver and finally reopening, but the institution could not regain its lost prestige. HENNESSEY, Oklahoma. special: The first rain here since October has begun falling. It is too late to help wheat, but will be valuable to other crops.