15956. Ainsworth National Bank (Portland, OR)

View Charter #3402 on SPMC

Bank Information

Episode Type
Suspension → Reopening
Bank Type
national
Bank ID
3402
Charter Number
3402
Start Date
July 29, 1893
Location
Portland, Oregon (45.523, -122.676)

Metadata

Model
gpt-5-mini
Short Digest
1cb902865479b6a2

Response Measures

None

Description

Ainsworth National (Portland, OR) failed to open July 29, 1893 due to heavy withdrawals and inability to realize on securities amid the 1893 money stringency. It was reported reopened under Comptroller's orders in mid-September 1893. Receiver appointments mentioned apply to Portland Savings, not Ainsworth. Dates corrected/standardized from contemporaneous newspaper reports.

Events (4)
1. October 27, 1885 Chartered
Source
historical_nic
2. July 29, 1893 Suspension
Cause
Macro News
Cause Details
Heavy withdrawals over ~60 days and inability to realize on securities amid the wider 1893 financial stringency/money scarcity.
Newspaper Excerpt
The Ainsworth National bank failed to open their doors this morning. ... This bank is forced to temporarily suspend, owing to the heavy withdrawal of deposits during the last sixty days, and inability to realize on securities.
Source
newspapers
3. September 14, 1893 Reopening
Newspaper Excerpt
The Ainsworth National bank, which closed July 29, reopened for business this morning under orders from the comptroller.
Source
newspapers
4. November 3, 1902 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (16)
1. July 29, 1893 Deseret Evening News Salt Lake City, UT
Article from Deseret Evening News, July 29, 1893

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TODAY'S FAILURES. One of the Oldest Firms in the Country. HAMILTON, Ohio, July 29.-McNeal & Urban, safe an 1 lock company, one ofthe oldest safe firms in the country assigned. The assets are $160,000; liabilitiesure unknown. The firm claims to be solvent. AKRON, O., July 29.-The Citizens' Savings and Loan association failed this morning. It will pay in full. The capital is $100,000 and the surplus $80,000. KANKAKEE, Ills., July 29.-The First National bank failed this moruing. The assets are sufficient to pay the depositors in full. PORTLAND, Ogn., July 29.-The Commercial National, Portland Savings bank and the Alnsworth National bank failed this morning. With the exception of a slight run on the First National, the largest bank in the city, there was no excitement.

2. July 30, 1893 The Wichita Daily Eagle Wichita, KS
Article from The Wichita Daily Eagle, July 30, 1893

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CLOSED DOORS. PORTLAND, Or., July 29-The Commercial National, Portland Savings and Ainsworth National banks failed to open this morning. With the exception of a slight run on the First National, the largest bank in the city, there was no excitement.

3. July 30, 1893 The Indianapolis Journal Indianapolis, IN
Article from The Indianapolis Journal, July 30, 1893

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THREE MORE AT PORTLAND. Financial Stringency in the Northwest Geting More Dangerous. PORTLAND, Ore., July 29.-The Commercial National Bank, Portland Savings Bank and the Ainsworth National Bank failed to open their doors this morning. With the exception of a slight run on the First National, the largest bank in the city. there 13 no excitement. The Commercial National and Portland Savings Bank are under the same management. A notice posted on each of the suspended banks says: "This bank is forced to temporarily suspend, owing to the heavy withdrawal of deposite during the last sixty days, and inability to realize on securities. Depositors will be paid in full." The Commercial National Bank had a paid up capital stock of $250,000. The Ainsworth National has a capital stock of @100,000. The statement of the Commercial National and the Ainsworth National, published July 12, shows resources as follows: Commercial, $1,950,000; Ainsworth. $687,000. Deposits-Commercial, $1,455,000; Ainsworth, $687,000. The Ainsworth National is a United States depository. No statement has yet been made of the condition of the Portland Savings Bank. It has a capital stook of $200,000, with is surplus of $202,000. At 1 P. M., the closing hour. the excitement had subsided and the withdrawal of deposits at the other banks ceased. while the business houses were making their usual Saturday deposits. Between the noon hour and the closing time deposits greatly exceeded the withdrawals. D. P. Thompson was appointed receiver of the Portland Savings Bank this afternoon. A statement of this bank shows resources $2,955,000, which 18 considered & conservative estimate. The liabilities are placed at $2. 475,000. During the last sixty days there has been a shrinkage of $600,000, while $80.000 has been withdrawn from the Commercial National Bank during the same period. The Commercial National Bank paid out $100,000 yesterday. Staving Off a Panic, YOUNGSTOWN, O., July 29.-Some mischievous person started a story, late yesterday afternoon. that the Dollar Savings and Trust Company was insolvent. This morning when the bank opened a crowd of depositors, mostly frightened women, wives of mill men, were at the bank to demand their money. Cashier Davis asked for the customary two weeks' notice, and not a dollar was paid out. The stockholders in the bank areamong the wealthiest citizens of the place. The bank is believed by all business men to be solvent. At noon several hundred people were crowding around the bank. At least a dozen merchants have drawn money from other banks and deposited in large amounts in the Savings bank. This 18 having the desired effect, and a panic will be prevented.

4. July 30, 1893 The Herald Los Angeles, CA
Article from The Herald, July 30, 1893

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FAILED TO OPEN DOORS. Three More Bank Failures at Portland, Ore. The Suspended Institutions Are All Solvent. Financial Disasters in Various Parts of the Country. The Action of New York Savings Bank Presidents Looked Upon With Suspicion-Bank Runs in New Jersey. By the Associated Press. PORTLAND, Ore., July 29.-Three banks failed to open doors this morning. They were the Commercial National, the Portland Savings and the Ainsworth National. With the exception of a alight run on the First National there was no excitement. A notice posted on each of the auspended banks says the banks were forced to temporarily suspend owing to heavy withdrawal of deposite during the last 60 days and inability to realize on securities. Depositors will be paid in full. The Commercial National bank has a paid-up capital stock of $250,000. Frank Dekum is president. The Port land Savings bank is under the same management. L. L. Hawkins is president of the Aineworth National, which has a capital stock of $100,000. Statements of the Commercial National and the Ainsworth National, published July 12th, show resources as follows: Commercial. $1,950,000; Ainsworth, $687,000. Deposite-Commercial, $1,455,000; Ainsworth, $447,000. D.P. Thompson was appointed receiver of the Portland savings bank this afternoon. The statement of this bank shows that its resources are estimated at $2,950,000, which is a considered conservative estimate. Its liabilities are placed at $2,475,000. During the last 60 days there has been a shrinkage of $600,000, while $800,000 has been withdrawn from the Commercial National during the same period. The Commercial National paid out $100,000 yesterday. A small bank at Forest Grove has closed owing to the Commercial National's suspension. The statement of the Union Banking company, which closed yesterday, shows: Assets, $98,000; liabilities, $53,000. The city has a claim for $13,000, and is the principal creditor.

5. July 30, 1893 The Morning News Savannah, GA
Article from The Morning News, July 30, 1893

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A FLURRY IN OREGON. Three Banks of Portland Close Their Doors and Others Apt to Do So. Portland, Ore., July 29.-The Commercial National Bank, the Portland Savings Bank, and the Ainsworth National, closed their doors this morning on account of depositors drawing money faster than collections could be made. Several other banks are paying out rapidly, and it is possible that some of the smaller ones may suspend. All are considered absolutely safe, however, and these which have been forced to suspend have more than ample security to meet their liabilities.

6. July 30, 1893 The Seattle Post-Intelligencer Seattle, WA
Article from The Seattle Post-Intelligencer, July 30, 1893

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Bank Failures at Portland. PORTLAND, July 29.-The Commercial National, Ainsworth National and Portland Savings banks did not open their doors this morning. D. P. Thompson was appointed receiver of the Portland Savings bank this atternoon. It is probable that all three of the suspended banks will reopen next week. Frank Dekum is president, R. L. Durham vice president and E. Cookingham, cashier of the Commercial National. The directors are: D. P. Thompson. George H. Williams, Henry Weinhard, H. C. Wortman, R. L. Durham, John B. David, Edward Cookingham, Frank Dekum, R. M. Wade, C. Rockwell, George H. Durham, J. F. Watson, John McCraken. C. C. Beekman. The Portland Savings bank is an allied institution to the Commercial National. Frank Dekum is president, D. P. Thompson vice president, H. C. Stratton cashier. The directors are: Frank Dekum, D. P. Thompson, E. 8. Kearney, J. F. Watson, Cleveland Rockwell, G. H. Durham, W. F. Burrell, S. A. Durham, K. J. Jeffery. The Ainsworth National bank is a government depository. H. L Hawkins is president, W. K. Smith vice president, J. P. Mar. shall cashier. The directors are: H. L. Hawkins, W. K. Smith, J. P. Marshall, L. F. Grover, W. S. Charleston. The Bank of Forest Grove has suspended. None of these banks has any connection with any Seattle bank.

7. July 30, 1893 The Morning Call San Francisco, CA
Article from The Morning Call, July 30, 1893

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whv credit should not be sound. "No nation." said Harter, "bas ever successfully carried on business under two standards. PORTLAND'S TROUBLE. Three More Banks Fail to Open Their Doors. PORTLAND, Or., July 29.-Three banks failed to open their doors this morning. They were the Commercial National, Portland Savings and Ainsworth National. With the exception of a slight run on the First National there is no excitement. A notice posted on each of the suspended banks says the banks were forced to temporarily suspend, owing to the heavy withdrawal of deposits during the last sixty days and inability to realize on seourities. Dopositors will be paid in full. The Commercial National Bank has a paid-up capital stock of $250,000. Frank Dekum is president. The Portland Savings Bank is under the same management. L. L. Hawkins is president of the Alosworth National, which has a capital stock of $100,000. The statement of the Commercial National and Ainsworth National published July 12, shows the resources as follows: Commercial, $1,950,000; Ainsworth, $687.000. Deposits Commercial, $1,450,000; Ainsworth, $447,000. The Ainsworth National is a United States depository. No statement is yet made of the condition of the Portland Savings Bank. It has a capital stock of $260.000. with a surplus of $202,000. At the closing hour the situation was quiet, all other banks having stood the run. At each of the suspended banks a police officer is stationed to prevent any disorder. Small groups of men are standing on the streets discussing the situation, but there is no sign of any violence. All the three banks which were closed to-day are considered among the strongest in the city and depositors appear to have no fear of losing a cent. It is probable that all three banks will resume in a few days. On account of it being the end of the week most of the banks paid out more than was received. The Merchants' National, where the run occurred yesterday, received deposits in excess of the money paid out. J. Lowenberg, president of the Merchants', yesterday hypothecated all his real property in the city, and is said to have secured $200,000 in cash. This restored confidence and many persons drew their money from other banks and deposited it there. D. P. Thompson was appointed receiver of the Portland Savings Bank this afternoon. The statement of this bank shows resources estimated at $2,950,000. which 18 considered a conservative estimate. Its liabilities are placed at $2,475,000. During the last sixty days there has been a shrinkage of $600,000. while $800,000 has been withdrawn from the Commercial National during the same period. The Commercial National paid out $100,000 yesterday. A small bank at Forest Grove has closed owing to the Commercial National's suspension. The statement of the Union Banking Company, which closed yesterday. shows assets of $98,000 with liabilities of $53,000. The city has a claim for $13,000 and is the principal creditor. YOUNGSTOWN, Ohio, July 29.-As a.result of malicious rumors 8 run was started on the Dollar Savings and Trust Company this morning. The bank required legal notice, and not a dollar was paid out. It has wealthy stockholders. A number of merchants withdrew large sums from other banks and deposited with it, allaying the excitement. KANKAKEE, III., July 29.-The First National Bank failed this morning. The assets are sufficient to pay depositors in full. AKRON. Ohio, July 29-The Citizens' Savings and Loan Association failed this morning. It will pay in full. Capital, $100,000; surplus, $80,000. NEW WHATCOM, Wash., July 29.-This morning the following notice was posted on the doors of the Puget Sound Loan, Trust and Bank Company: "Owing to the constant withdrawals of deposits and inability to realize on securities this bank has suspended temporarily." The bank was incorporated under the State laws In 1890. with a capital stock of $125,000. The liabilities are $50,000 and the assets $200,000. WASHINGTON, July 29.-Comptroller Eckels appointed Louis C. Phelps receiver of the Merchants' National Bank of Great Falls, Mont. EAU CLAIRE, Wis., July 29.-The Commercial Bank, capital $50,000, was placed in the hands of a receiver to-day. President Allen said: "We calculate that the depositors will not lose a dollar." There were light runs on other banks. BOSTON. July 29.-A special from Manchester, N. H., says: Disclosures to-day tend to show that Cashier Morrell knew the worst and ran away rather than face the music. A director stated that in addition to the $60,000 of doubtful paper thrown out of the Derryfield Savings Bank, there is from $10,000 to $18,000 due depositors. It is now thought the deficiency in the bank mav go to $100,000. Rich Red Blood

8. July 30, 1893 The Sun New York, NY
Article from The Sun, July 30, 1893

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business men. These banks remained open after hours. PORTLAND, Ore., July 29.-The Commercial National Bank, Portland Savings Bank, and the Ainsworth National Bank failed to open their doors this morning. With the exception of a slight run on the First National Bank. the largest bank in the city, there is no excitement. The Commercial National and Portland Savings Bank are under the same management, A notice posted on each of the suspended banks says: This bank is forced to temporarily suspend owing to the heavy withdrawal of deposits during the last sixty days and inabile ity to realize on securities. Depositors will be paid in full." The Commercial National Bank had a paidup capital stock of $250,000. The Ainsworth National had n capital stock of $100,000. The statement of the Commercial National and the Ainsworth National published July 12, shows resources as follows: Commercial. $1,950.000; Ainsworth, $687,000. Deposits-Commercial, $1,455,000; Ainsworth. $447,000. The Ainsworth National is a United States depository. No statement has yet been made of the condition of the Portland Savings Bank. It has a capital stock of $260,000 with a surplus of $202,000. AKRON. O., July 29.-The Citizens' Savings and Loan Association of Akron closed its doors at 10:30 o'clock this morning. The cause given WAS constant drain upon resources by drawing out of deposits. The bank is regarded as sound. The capital stock is $100.000. with $60,000 surplus. The company was organized and incorporated in 1872. The suspension created no surprise in Akron. Edwin F. Voris has been appointed receiver. Nelson Stone. cashier of the City National Bank. said he thought the effect of the failure on Akron's financial condition had been discounted. The bank lost $300.000 in deposits last month. CHICAGO. July 20.-Stevens & Ross, who did business in a small way at 204 Fifty-fifth street. under the name of the South Park Bank. failed yesterday. When the depositors called at the bank this morning they found a card on the door which announced: This bank is closed bv order of the Court. T. Stevens. receiver." The failure is a small one and will cut no flgure in financial troubles. GRAND RAPIDS. Mich., July 29.-Local creditors yesterday were advised of the closing of the C. W. Chapin & Co. private bank at Stanton. Montealm county. owing to a rush of depositors for cash. No statement of the assets and liabilities has been given out. LOUISVILLE, July 29.-The Pineville Banking Company at Pineville, Ky., closed its doors yesterday. It was considered the best bank in southeastern Kentucky. The President will surrender all his personal property to help the bank out. FORESTVILLE, N. Y., July 29.-The examiners report that the total liabilities of Ward's Bank foot up $90,000. The assets will not exceed $20,000. MILWAUKEE, July 29.-The Savings Bank of Baraboo. Wis.. closed its doors this morning. This notice was posted: 'Failure to receive money confidentally expected. the stringency of the money market. and inability to realize on assets renders suspension of payment necessary." There are slight runs Oil other banks in the place.

9. July 30, 1893 The Daily Morning Astorian Astoria, OR
Article from The Daily Morning Astorian, July 30, 1893

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MORE FAILURES IN PORTLAND, Three Strong Banks Suspend Payment To-Day. NO ULTIMATE LOSS FEARED The Commercial National, the Portland Savings and Ainsworth National Close Their Doors. Special to The Astorian. Portland, July 29.-Noon. Two National banks and one Savings institution failed to open their doors this morning. The Commercial National and the Portland Savings are kindred concerns, and the embarrassment of the one, naturally included the crippling of its dependant. The other National bank, the Ainsworth, was regarded as altogether out of reach of any possible panic. The Commercial National, of which Frank Dekum is president, has a paid up capital of $250,000 and a surplus and undivided profits amounting to $240,000. The Portland Savings is under the same management, L. L. Hawkins, president; its paid up capital is $225, 000; undivided profits $205,000; and deposits, about $400,000. The Ainsworth National has a capital stock of $100,000, a surplus of $100,000; resources, according to the published statement of the 12th, instant $687,000; deposits $447,000. The Commercial's deposits according to the statement made on the same day, were $1,455,000; resources $1,950,000. There was no reason for the closing of the doors of these banks except that they could not realize on their securities, which are ample even at panic selling prices to cover all liabilities. Depositors have been largely withdrawing for the past six weeks, not because of any timidity, but in order to meet legitimate demands for the discharge of indebtedness. This, owing to the scarcity of money, and impossibility of getting relief from the East has precipitated the crisis. None of the other banks were affected today. There was a slight run on the First National, but it did not amount to much, the with drawals being insignificant. All the depositors and creditors of the suspended banks will be paid in full as soon as the ample resources can be made available, and all three will probably resume business within a few days. D. P. Thompson was appointed re ceiver of the Portland Savings bank this afternoon. A. statement of this bank's condition shows resources esti mated at $2,950,000, which is considered conservative estimate; its liabilities are placed at $2,475,000. During the last sixty days there has been a shrink age of $600,000, while $800,000 have been withdrawn from the Commercial National during the same period. The Commercial National paid out $100,000 yesterday. A. small bank at Forest Grove has closed owing to the Commercial Nat ional's suspension. A statement of the Union Banking company, which closed yesterday, shows assets of $98,000; liabilities $53, 000; the city has a claim of $13,00 and is principal creditor. At 1 p. m., the closing hour, all was quiet at the banks, the slight run having been promptly met. The Ainsworth National is a United States depository.

10. July 30, 1893 The Salt Lake Herald Salt Lake City, UT
Article from The Salt Lake Herald, July 30, 1893

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MORE PORTLAND BANKS. T ree of Them Failed to Open Their Doors on Yesterday. PORTLAND, Or., July 29.-The Commercial National, Portland Savings bank and the Ainsworth National bank failed this morning. With the exception of a slightrun on the First National, the largest bank in the city, there was no excitement. The Commercial National and the Portland Savings are under the same management. A notice posted says the suspension is temporary and depositors will be paid in full. The Commercial has a capital of $250,000, and the Ainsworth National has a capital of $100,000. A statement published July 12 showed the Commercial National resources to be $1,950,000; deposits, $1,450,000. Ainsworth resources, $687,000; deposits, $447,000. The Ainsworth National is a United States depository. The Portland Savings has a capital of $250,000 and a surplus of $200,000. At 1 p. m., the closing hour, the excitement had subsided and the withdrawal of deposits at other banks ceased. D. P. Thompson was appointed receiver of the Portland Savings bank this afternoon. The statement of this bank shows resources, $2,955,000. Liabilities, $2,475,000.

11. July 31, 1893 The Portland Daily Press Portland, ME
Article from The Portland Daily Press, July 31, 1893

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Part of the employes have not been paid for several weeks. Sound at the Bottom. PORTLAND, Or., July 29.-The Commercial national bank, the Portland savings bank and the Ainesworth national bank closed their doors this morning on account of the depositors drawing money faster than collections could be made. Several other banks are paying out rapidly, and it is possible that some of the smaller ones may suspend. All are considered absolutely safe, however, and those which have been forced to suspend have more than ample security to meet their liabilities. Will Probably Resume. NASHUA, July 29.-The bank commissioners today finished their examination of the affairs of the Security trust company, which was closed ten days ago. They report the company in fine condition, having sustained no losses. The company will probably resume. The closing was caused by the large number of depositors drawing out their money. Another Bank Defalcation. PATTERSON, N. J., July 29.-A defalcation of $10,550 has been discovered by the United States bank examiner in the case of the First National bank of this city. The money has been abstracted since July 1. Abram Fardon, paying teller. was arrested last evening, charged with stealing the money. The bank insured with the Fidelity and Casualty company of New York for $10,000. Fardon is 50 years old and has been connected with the bank 25 years. He has always been considered upright and had the confidence of the bank officers and depositors. Bank at Kankakee Closes. KANKAKEE, Ill., July 29.--The First National Bank of Kankakee closed its doors yesterday. Assets, $224,000; liabilities, $147,000. Stringency of the money market caused the suspension. The depositors will lose nothing. In the Hands of a Receiver. AKRON, O., July 0.--The Pittsburg, Akron & Western railroad yesterday passed into the hands of a receiver. The receiver is W. A. Lynch, president of the road. The company is capitalized at $3,350,000; bonded indebtedness $3,000000. No statement of the assets and liabilities can be obtained. The road extends from Akron to Delphos, 165 miles. The promoters of the line hoped to sell it to the Baltimore & Ohio, but that system built a line of its own from Chlcago Junction to Akron. Since then the road has been operated at a loss. The financial stringency was the immediate cause of the present trouble.

12. August 3, 1893 Grant County Herald Lancaster, WI
Article from Grant County Herald, August 3, 1893

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OUT OF CASH. Many Banks in Various Localities Forced to Close Their Doors. Milwaukee, July 29.-A dispatch from Port Washington says the German American bank at that place has failed. Another special says Seymour's bank at Chippewa Falls also failed. CHIPPEWA FALLS, Wis., July 29.Seymour's bank of this city closed its doors yesterday. PORTLAND, Ore., July 29.-The Union Banking company of this city made an assignment yesterday. PORT WASHINGTON, Wis., July 29.-The German-American bank of this city closed its doors yesterday. STANTON, Mich., July 29. - C. W. Chopin & Co.'s bank here closed yesterday with a crowd of depositors at its doors. COVINGTON, Ind., July 29.-The Farmers' and Merchants' bank of this city closed up at 1 o'clock yesterday. ExUnited States Treasurer Nebeker is the president. MIDDLESBORO, Ky., July 29.-The First national bank of this place closed yesterday. GREAT FALLS, Mont., July 29.-The First national bank here suspended yesterday owing to the Helena bank's suspension. WASHINGTON, July 30.-Bank failures were reported to the comptroller as follows yesterday: First national at Kankakee, Ill.; Dollar savings bank at Youngstown, O.; Citizens' Savings and Loan association at Akron, O.; Commercial national, Ainsworth national and Portland savings banks at Portland, Ore.; Commercial at Eau Claire, First Wis.; Savings at Baraboo, W Exnational at Ashland, Wis., and change at Nunda, 111. WASHINGTON, Aug. 1.-Bank failures were reported as follows yesterday: First national at Portland, Ore.; First national at The Dalles, Ore.; Pendleton savings at Pendleton, Ore.; Bellingham Bay national at Whatcom, Wash.; Springfield savings at Springfield, Mo.; Akron savings at Akron, 0.; private bank of A. Daniels & Co. at Cedar Rapids, Ia.; private bank of J. W. Case at Astoria, Ore., and Park national at Livingston, Mont.

13. September 15, 1893 The Helena Independent Helena, MT
Article from The Helena Independent, September 15, 1893

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TELEGRAPHIC BREVITIES CHICAGO, Sept. 14.-The amount secured by the Lake Shore robbers is now put at $19.000. LONDON, Sept. .-The bank of England directors to-day rednced the rate of discount to four per cent. WEST BAY CITY, Sept. 14.-A million feet of lumber on John Welch's docks burned this morning; loss $100,000. LISBON. Sept. 14.-Portugese authorities have declared cholen quarantime against Now York as an infected po 1. TORONTO, Sept. 14. - The United States cricket team won the national crickes match with Canada by four wickets. FORT MONROE, Va., Sept. --The United States ornise. Detroit this morning sailed for Rio Janeiro to protect American interexts. PARIS. Sept. 14.-It is reported that in a few dave work will be entirely suspended throughout the north of France and four Belgian colliery districts. PORTLAND, Ore.. Sont. 14.-The - A'neworth National bank. which closed July 29, reopened for business this morning under orders from the comptroller. NEW YORK. Sept. 14.-The consignees of the Atlas line steamship Alvo, which has been long overdue nt Haytian ports, telegraphed this port 10-day that they had given her up. COWES, Isle of Wight, Sept. 14.-The Navahoe has been awarded the prize in the race for the Brenton's reef enp. which. aocording to first calculations. was thought to be won by the Britannia. LONDON. Sept. 14.-A large crowd of sporting nen gathered this morning at Euston square station to bid Adion to Chae. Mitchell, the pagilias, who left Wednesday for Liverpool on his way so the United Stater. CHICAGO, Sept. 14.-This was ORE of the hottest days of the year. The shormometer registered nimety-four at two this af. ternoon. Dozens in the fair grounds suocumbed to the heat, and many down town were also overcome.

14. September 15, 1893 Evening Star Washington, DC
Article from Evening Star, September 15, 1893

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Banks Resuming. The following national banks, which recently suspended payment, having fully complied with the conditions imposed by the controller of the currency, and their capital stock being unimpaired, have been permitted to reopen their doors for business: The First National Bank of Russell, Kan. The Ainsworth National Bank of Portland, Ore

15. September 20, 1893 The Star Reynoldsville, PA
Article from The Star, September 20, 1893

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FINANCIAL AND COMMERCIAL. The first National Bank, of Russell, Kas., and the Ainsworth National Bank of Portland, Ore., which suspended some time ago have been authorized to resume business. No bank failures have been reported since August 28.

16. September 21, 1893 The Middleburgh Post Middleburg, PA
Article from The Middleburgh Post, September 21, 1893

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locate their us. Dr. Hartman, an old and prominent physician of Anllville, Mo., was shot and instantly killed by William Powell, of that place. The difficulty originated from an old feud between the two men. Henry S. Cochran. the embezzling Philadelphia Mint weigher, was arraigned and held 111 $30,000 bail in order to give him time to procure counsel. Supt. Bosbyshell testified that the shortage amounted to $28,000. Financial and Commercial. The first National Bank, of Russell, Kas., and the Ains worth National Bank of Portland, Ore., which suspended some time ago have been , uthor zed to resume business. No bank failures have been reported since August 28, The National bank of Ashland, at Ashland. Neb ,resumed business in an excellent condition.