16979. Wilkinson Brothers (Syracuse, NY)

Bank Information

Episode Type: Suspension → Closure
Bank Type: private
Start Date: December 10, 1884
Location: Syracuse, New York (43.048, -76.147)

Metadata

Model: gpt-5-mini
Short Digest: a387bbd1

Response Measures

None

Description

Multiple contemporaneous newspapers report Wilkinson Brothers (private bankers) of Syracuse closed on Dec 10, 1884, with an assignment to C. E. Hubbell and affairs in hands of a receiver. No mention of a depositor run; this is an insolvency/assignment leading to receivership and permanent closure.

Events (2)

1. December 10, 1884 Receivership

Newspaper Excerpt: Their affairs are in the hands of a receiver. They assigned to C. E. Hubbell. The liabilities of Wilkinson Brothers are about $500,000, and assets $150,000 ... the assignment gives preferences to the amount of $98,600, which includes city and county deposits and trust funds.
Source: newspapers

2. December 10, 1884 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Firm closed and made an assignment; liabilities ~ $500,000 with assets ~$150,000 and heavy real-estate encumbrances, indicating insolvency rather than a rumor-driven run.
Newspaper Excerpt: Wilkinson Brothers, private bankers, closed this morning. Their affairs are in the hands of a receiver.
Source: newspapers

Newspaper Articles (11)

1. December 11, 1884 Richmond Dispatch Richmond, VA

Article from Richmond Dispatch, December 11, 1884

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Failures. [By telegraph to the Dispatch.] SYRACUSE, N. Y., December Wilkinson Brothers, private bankers, closed this morning. Their affairs are in the hands of a receiver. The firm is rated at from $400.000 to $500,000. They assigned to C. E. Hubbell. The liabilities of Wilkinson Brothers are about $500,000, and assets $150,000, including real estate, which is mortgaged for $125,000. It is thought that there will be very little for depositors. The assignment gives preferences to the amount of $98,600, which includes city and county deposits and trust funds. The Wilkinsons were large bolders of real estate, which is heavily encumbered. Many farmers are among the depositors, they having been attracted by the offer of 4 per cent. interest. Few business firms are involved. The Metropolitan National Bank of New York was their correspondent. BOSTON, December 10.-W. & F. H. Whittemore, oil-dealers, have failed. The liabilities are reported at about $15,000; nominal assets of $25,000 to $30,000.

2. December 11, 1884 Fort Worth Daily Gazette Fort Worth, TX

Article from Fort Worth Daily Gazette, December 11, 1884

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ANOTHER BANK CRASH. An Old-Established Banking House Assigns. SYRACUSE, N. Y., Dec. 10.-Wilkinson Brothers, private bankers closed their doors this morning. Their affairs are in the hands of a receiver. The firm was rated as doing a business from $400,000 to $500,000. C. E. Hubbell is the assignee. The firm stood very high and had been in business in Syracuse many years. The failure is a surprise to all. $98,600 PREFERMENTS SYRACUSE, N. Y., Dec. 10.-The Wilkinson Bros'. failure is thought to involve about $400,000. The assignment prefers $98,600, including the county deposits and trust funds. The Wilkinsons were large holders of real estate, heavily encumbered The depositors embrace many farmers to small amounts, attracted by offers of 4 per cent. interest. A few business firms are involved. The assets will a little more than pay the preferences.

3. December 17, 1884 Delta Chief Delta, CO

Article from Delta Chief, December 17, 1884

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TELEGRAPHIC BREVITIES. Seven stores burned at Decatur, Tex. loss, $250,000. Chauncey M. Depew declines to be a candidate in New York State for Senator. Seven prisoners in the Decatur, Texas, jail overpowered the jailer and escaped. Wade Hampton has been re-elected to the United States Senate by the South Carolina Legislature. The nail trade is reported dull, with light stocks. The Nail Association has reaffirmed the card rate. The National Association of Health Boards is in session at Washington studying the subject of cholera. A reduction of 15 to 20 per cent. in has been ordered at at wages Roach's shipyard Chester, Pennsylvania. The Hawaiian treaty has been signed by the President and the representative of the Hawaiian government. General Sheridan will be Marshal O the Day at the celebration of the completion of the Washington monument. The elevated railroads of New York paid $1,285,533 into the City Treasury for taxes, by order of the courts. There were $526,996 in standard dollars paid out last week against $521,498 for the corresponding week in last year. The long strike among the coal miners of the Ohio Hocking Valley in Southern end. is reported to be practically at an The Spanish treaty has been brought from Spain by United States Minater Foster and delivered to the Secretary of State. Wilkinson Brothers, bankers of Syracuse, New York, haye falled with $500,000 in liabilities and a small amount of assets. George Cook was hanged at Laramie City, Wyoming, on the 12th for the shooting of James B'ount on Thanksgiving evening, 1884. In answer to an inquiry Hon. Levi P. Morton says he stands fully committed to the policy and platform of the Republican party. Nearly all the cotton and woolen mills in the vicinity of Laconia, New Hampshire, are running on full time at the old wages. Some twenty-seven colored oystermen were caught in a storm in the Rappahannock River on Tuesday night and very few escaped. The liabilities of George Opdyke & Co., the snspended New York bankers, are estimated at $400,000, or which nearly $200,000 is secured. A Paris paper says that three torpedo boats that were built in England and sent to Australia, have found their way into the Chinese navy. Secretary Teller and Postmaster-General Hatton have gone to the New Orleans Exposition, stopping a few days in Florida while on the way. The carpet works of Alex Smith's Sons at Yonkers, New York, which were closed last month are preparing to resume. They employ 2,000 men. William Flynn died in Chicago from blood poisoning, and it is charged that his wound was inflicted by a policeman who threw his club at him. St. John has written a letter denying his sale to the Democracy in the recent election, and declaring that he is in the field for the campaign of 1888. All of the cotton factories at Columbus, Georgia, with one exception, are running on full time with plenty of orders. They have advanced their prices. The parties who were indicted for in the were and complicity brought before the Chicago United election States frauds Court released on $10,000 bail each. A pearl weighing ninety-three carats, and valued at $17,000, was found by an Indian at Muleje, Lower California, and he sold it for $90. It has been sent to London. Turkish atrocities are reported from Macedonia. Two hundred Christians have been murdered In the past few weeks and three villages have been burned. A slight fire in a candy factory at Detroit on the 12th smothered three girls who were working in the second story. The property loss was comparatively slight The Washington monument is finished and the American flag floats over it at a height of 600 feet from the ground. The cornerstone was laid thirty-six years ago. The International Monetary Conferenceat Rome has concluded its sittings. The proposed suspension of the coinage of silver in the United States was not discussed. Nicholas Foley and John Mittzug engaged in a prize fight at Pittsburg until they were exhausted, and at the end of the fourth

4. December 18, 1884 The Bolivar Bulletin Bolivar, TN

Article from The Bolivar Bulletin, December 18, 1884

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FRANCE will put an increased tariff duty on imported cattle. MEASLES and diphtheria are causing a great many deaths in New York. THE Congo Conference committee has accepted England's proposals |regarding the Niger. AT Sharon, Pa., a large iron mill resumed operations on the 9th, and will run during the winter. LATEST reports state that all negotiations between France and China looking to a settlement are off again. THE Monongahela Valley coal miners are attempting to revive the strike which so signally failed a few weeks ago. AT Steinberg, Moravia, on the 9th, four Anarchists were arrested, and a large amount of dynamite was found on their premises. THE French Government, for political reasons, telegraphed Admiral Courbet and General Briere de Liste on the 9th to maintain the defensive attitude until further orders. THE Springer committee has received from the Attorney-General the correspondence on file in his office relative to the employment of Deputy Marshals at the Ohio election. AT a meeting in New York the Directors of the American Association of base ball clubs suspended Tony Mullane, the contract breaker, for the season of 1885, and thereupon O.P. Caylor offered the resignation of the Cincinnati Club, and gave notice that they would apply for admission into the National League. ON the 10th the National Association of Health Boards met at Washington D. C. AT Cork, Ireland, on the 10th, the police seized a number of rifles and bayonets discovered outside the city. THE National Association of Trotting Horse Breeders met in New York on the 10th. AT a meeting of the Western Nail Association at Pittsburgh, Pa., on the 10th, the card rates were reaffirmed. ON the 10th the Congo Conference discussed the question of free navigation on the Niger River. Mr. Kasson, the American delegate, presented a neutrality project. THE cotton mills of Lehan, Abraham & Co., at New Orleans, closed on the 10th on account of the depression in trade. AT Pittsburgh, Pa., the machinery molders have virtually accepted the fifteen per cent. reduction ordered in wages. THE coal miners' strike in the Hocking Valley seems practically ended, and the old men are offering to resume work. THE House sub-Committee on Pensions has agreed to report an appropriation of $60,000,000 for the next fiscal year. ON the 10th a San Francisco woman tried to kill herself, but, failing, she put a fatal bullet into her husband. Cause, jealousy. THE banking firm of Wilkinson Brothers, Syracuse, N. Y., closed on the 10th, and their affairs are in the hands of a receiver. They were rated high, and the failure was a surprise. ON the 10th the flint glass workers of Pittsburgh, Pa., struck against the twenty per cent. reduction. Factories are running with apprentices, who take the places of journeymen. AT Dayton, O., on the 10th a monster jaguar escaped from Barrett's circus. The beast killed a great many cattle and hogs, and the people turned out and killed it after an exciting chase. ON the 10th the possession of the St. Louis (Mo.) Chamber of Commerce building was surrendered by the Chamber of Commerce Association to the trustees of the second mortgage bond-holders. ON the 11th an investigation of the alleged irregularities in the office of the First Comptroller of the Treasury was begun in Washington. THREE of the notorious Welsh Mountain, or Buzzard gang of outlaws in Pennsylvania, have been committed for trial. ON the 11th twelve Nihilists were captured in St. Petersburg, and important documents were seized. ASUBTERRANEAN passage leading to the tax receiver's office was discovered at Retchitza, Russia, on the 11th. THE United States Supreme Court is three years in arrears with its docket, and relief legislation is to be pushed. ON the 11th, at the National Health Conference in Washington, D. C., Dr. Campbell, of Richmond, Va., stated that the death-roll among the colored population was so large as to excite the pity and commiseration of the whole community. He attributed it not to a constitutional peculiarity, but to poverty.

5. December 18, 1884 The Magnolia Gazette Magnolia, MS

Article from The Magnolia Gazette, December 18, 1884

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THE National Association of Trotting Horse Breeders met in New York on the 10th. AT a meeting of the Western Nail Association at Pittsburgh, Pa., on the 10th, the card rates were reaffirmed. THE cotton mills of Lehan, Abraham & Co., at New Orleans, closed on the 10th on account of the depression in trade. AT Pittsburgh, Pa., the machinery molders have virtually accepted the fifteen per cent. reduction ordered in wages. THE coal miners' strike in the Hocking Valley seems practically ended, and the old men are offering to resume work. THE House sub-Committee on Pensions has agreed to report an appropriation of $60,000,000 for the next fiscal year. ON the 10th a San Francisco woman tried to kill herself, but, failing, she put a fatal bullet into her husband. Cause, jealousy. THE banking firm of Wilkinson Brothers, Syracuse, N. Y., closed on the 10th, and their affairs are in the hands of a receiver. They were rated high, and the failure was a surprise. ON the 10th the flint glass workers of Pittsburgh, Pa., struck against the twenty 1 per cent. reduction. Factories are running with apprentices, who take the places of 9 journeymen. AT Dayton, O., on the 10th a monster 9 jaguar escaped from Barrett's circus. The beast killed a great many cattle and hogs, 1 and the people turned out and killed it 9 after an exciting chase. S ON the 10th the possession of the St. Louis (Mo.) Chamber of Commerce building was surrendered by the Chamber of 1 Commerce Association to the trustees of the second mortgage bond-holders. ON the 11th an investigation of the alh leged irregularities in the office of the 1 First Comptroller of the Treasury was begun in Washington. THREE of the notorious Welsh Moun= tain, or Buzzard gang of outlaws in I Pennsylvania, have been committed for b trial. ON the 11th twelve Nihilists were cap. tured in St. Petersburg, and important a documents were seized. A SUBTERRANEAN passage leading to the e tax receiver's office was discovered at Retchitza, Russia, on the 11th. e THE United States Supreme Court is e three years in arrears with its docket, and e relief legislation is to be pushed. ON the 11th, at the National Health Conference in Washington, D. C., Dr. Campbell, of Richmond, Va., stated that the I death-roll among the colored population was so large as to excite the pity and com1 miseration of the whole community. He attributed it not to a constitutional pee Are culiarity, but to poverty. e scene of trouble with the strikers at Ane gus, Ia., on the 11th where a threatening r condition of affairs existed. A NUMBER of forged drafts on the Iowa Loan and Trust Company are said to be in circulation. THE Wilkinson Bros. failureat Syracuse, to N. Y., has involved others and caused several assignments. r, THE American Base Ball Association r, concluded its session at New York on the 11th. A number of important changes , were made in the rules in reference to suses pensions, expulsions, rain-checks, etc. rs

6. December 18, 1884 Iron County Register Ironton, MO

Article from Iron County Register, December 18, 1884

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WILKINSON BROTHERS, bankers, Syracuse, N. Y., closed on the 10th, and their affairs are in the hands of a receiver. They were rated high, and the failure was a surprise.

7. December 18, 1884 Iron County Register Ironton, MO

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grou County Register BY ELI D. AKE. IRONTON, MISSOURI NEWS AND NOTES. A Summary of Important Events. A NUMBER of forged drafts on the Iowa Loan and Trust Company are said to be in circulation. CONGRESSMAN BUCKNER does not think anything will be done with the silver question this winter. LORD DUFFERIN, the new Viceroy of India, was given a brilliant reception on his arrival at Bombay. THE latest rumor is that all negotiations between France and China looking to a settlement are off again. THE Hocking Valley coal miners' strike seems practically ended, and the old men are offering to resume work. OIL circles in the vicinity of Bradford, Pa., are excited over a new well which produces 350 barrels an hour. THE House sub-committee on Pensions has agreed to report an appropriation of $60,000,000 for the next fiscal year. FIVE HUNDRED Tammany braves will participate in the ceremonies attending the inauguration of President Cleveland. REPRESENTATIVES of the press and artistic professions gave a dinner to Mme. Patti the evening of the 13th in New York. A HUNDRED hosiery operatives left Nottingham, England, on the 12th for America, where places had already been engaged. GENERAL SHERIDAN will be Marshal of the day for the celebration, February 21st, of the completion of the Washington monument. MISS MARY J. CALDWELL, a New York young lady, wants to give $300,000 as the foundation of a fund to start a Catholic college. A CURIOUS political complication has arisen in West Virginia as the result of the change of the time for State elections voted upon October 14th. THE Prince of Wales will not ask Parliament for an allowance for his eldest son, Prince Albert Victor, until the young man takes unto himself a wife. WILKINSON BROTHERS, bankers, Syracuse, N.Y., closed on the 10th, and their affairs are in the hands of a receiver. They were rated high, and the failure was a surprise. THE flint glass workers of Pittsburgh, Pa., struck on the 10th against the twenty per cent. reduction. Factories are running with apprentices, who takethe places of journeymen. EARL GRANVILLE has informed Prime Minister Ferry that English negotiations with China with a view of settling the Franco-Chinese difficulty amicably, have resulted in failure. A MONSTER jaguar escaped from Barrett's circus at Dayton, o., on the 10th. The beast killed a great many cattle and hogs, and the people turned out and killed it after an exciting chase. THE General Term of the Supreme Court in Brooklyn, N. Y., has affirmed the sentence of death against the negro Rugg, for the murder of Mrs. and Miss Maybee, in Queens County a year ago. THE American Base Ball Association concluded its session at New York on the 11th. A number ofimportant changes were made in the rules in reference to suspensions, expulsions, rain-checks, etc. THE possession of the St. Louis (Mo.) Chamber of Commerce building was surrendered on the 10th by the Chamber of Commerce Association to the trustees of the second mortgage bond-holders. THE Senate on the 8th confirmed Thos. A. Osborn, of Illinois, as Minister resident and Consul-General to the Argentine Republic, and John Baker, of Illinois, as Minister resident and Consul at Venezuela. LORD CHIEF-JUSTICE COLERIDGE of England on the 9th sentenced Captain Dudley and Mate Stephens, of the Mignonette, to be hanged. They killed and ate the flesh of a companion while in a starving condition at sea. A SERIES of mysterious deaths have occurred in a family named Horan at Whitewater, Wis., a fifth of whom has just died from poison administered by herseif, after confessing that she had caused the death of the others by the same means. THE Secretary of the Treasury has prepared a circular to take the place of all previous circulars concerning the importation of old rags, providing that no old rags shall be landed in the United States except upon thorough disinfection. DAYTON, O., is exercised over a mysterious poisoning case in two families living in a double tenement in that city. Four persons were taken violently ill with indications of poisoning. All is theory, but suspicion points to a street-car driver. THE condition of the laboring classes in the lumber regions of Northern Michigan is said to be most wretched. Labor among the Swedes can be had for ten cents a day with board consisting of rye bread and coffee and a meat meal three times a week. A LETTER from General Grant was read in the Senate on the 8th respectfully but to receive pension

8. December 18, 1884 The Iowa Plain Dealer Cresco, New Oregon, IA

Article from The Iowa Plain Dealer, December 18, 1884

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EASTERN. The private banking house of Wilkinson Brothers, at Syracuse, New York, suspended business. In making an assignment to C. E. Hubbell, they gave preferences for $98,600. They hold large amounts of real estate, which is mortgaged for $125,000. Their liabilities are reported at $500,000. and it is stated that depositors will receive nothing. Joseph M. Wales & Co., iron and steel, at Boston, are insolvent. An assignment has been filed by H. Goldschmidt & Co., dry goods merchants of Hartford, who owe $110,000 .For the year ended Sept. 30 the New York Central Road earned, net, $10,000,000, and paid more than $7,000,000 in dividends. The furniture factory of Clark Bros. & Co., at Philadelphia, and several tenements adjoining were burned. the losses aggregating $165,000. Silas Savage, the holder of a French spoliation claim for over $2,000,000, was last week buried at Hartford, Conn., at the expense of the city, after living in hope for a half-century. Miss Newman, whose supposed dead body was taken from a grave in Egremont, Mass, to Albany and was restored to life on the dissecting table, is now perfectly sane and wedded to a physician-nephew of one of the men acquainted with the facts of her resurrection. She proposes to visit friends in the Berkshire Hills within a short time. Silas Sanders, colored, two months married, and a witness in the Crouch murder trial at Jackson, Mich., attempted suicide by cutting his throat. Assignments have been made by Wescott & Co., bankers, at Syracuse, with liabilities of $100,000, and Erastus C. Alden, a dealer in millinery goods at Providence, who owes $60,000. Henry H. Green obtained in a Boston court a judgment for $3,025 against the New York Central Road for injuries to a base viol, at Rochester. The instrument was a Stradivarius, to which fact many experts were called to testify. Fire consumed a block of wooden buildings at New Bedford, Mass. The loss was $92,000 and the insurance $75,000.

9. December 18, 1884 The True Northerner Paw Paw, MI

Article from The True Northerner, December 18, 1884

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EASTERN. The private banking house of Wilkinson Brothers, at Syracuse, New York, suspended business. In making an assignment to C. E. Hubbell, they gave preferences for $98,600. They hold large amounts of real estate, which is mortgaged for $125,000. Their liabilities are reported at $500,000, and it is stated that depositors will receive nothing. Joseph M. Wales & Co., iron and steel, at Boston, are insolvent. An assignment has been filed by H. Goldschmidt & Co., dry goods merchants of Hartford, who owe $110,000 For the year ended Sept. 30 the New York Central Road earned, net, $10,000,000, and paid more than $7,000,000 in dividends. The furniture factory of Clark Bros. &Co., at Philadelphia, and several tenements adjoining were burned, the losses aggregating $165,000. Silus Savage, the holder of a French spoliation claim for over $2,000,000, was last week buried at Hartford, Conn., at the expense of the city, after living in hope for a half-century. Miss Newman, whose supposed dead body was taken from a grave in Egremont, Mass, to Albany and was restored to life on the dissecting table, is now perfectly sane and wedded to a physician-nephow of one of the men uainted with the facts of her resurrection. She proposes to visit friends in the Berkshire Hills within a short time. Silas Sanders, colored, two months married, and a witness in the Crouch murder trial at Jackson, Mich., attempted suicide by cutting his throat. Assignments have been made by Wescott & Co., bankers, at Syracuse, with liabilities of $100,000, and Erastus C. Alden, a dealer in millinery goods at Providence, who owes $60,000. Henry H. Green obtained in a Boston court a judgment for $3,025 against the New York Central Road for injuries to a base viol, at Rochester. The instrument was a Stradivarius, to which fact many experts were called to testify. Fire consumed a block of wooden buildings at New Bedford, Mass. The loss was $92,000 and the insurance $75,000.

10. December 20, 1884 Huntsville Gazette Huntsville, AL

Article from Huntsville Gazette, December 20, 1884

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WILKINSON BROTHERS, bankers, Syracase, N. Y., closed on the 10th, and their affairs are in the hands of a receiver. They were rated high, and the failure was a surprise.

11. December 20, 1884 St. Landry Democrat Opelousas, LA

Article from St. Landry Democrat, December 20, 1884

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MISCELLANEOUS. AT a meeting of the Western Nail Association at Pittsburgh, Pa., on the 10th, the card rates were reaffirmed. THE cotton mills of Lehan, Abraham & Co., at New Orleans, closed on the 10th on account of the depression in trade. AT Pittsburgh, Pa., the machinery molders have virtually accepted the fifteen per cent. reduction ordered in wages. THE coal miners' strike in the Hocking Valley seems practically ended, and the old men are offering to resume work. THE House sub-Committee on Pensions has agreed to report an appropriation of $60,000,000 for the next fiscal year. ON the 10th a San Francisco woman tried to kill herself, but, failing, she put a fatal bullet into her husband. Cause, jealousy. THE banking firm of Wilkinson Brothers, Syracuse, N. Y., closed on the 10th, and their affairs are in the hands of a receiver. They were rated high, and the failure was a surprise. ON the 10th the flint glass workers of Pittsburgh, Pa., struck against the twenty per cent. reducti. Factories are running with apprentices who take the places of e. journeymen. AT Dayton(S),, om the 10th a monster jaguar escaped from Barrett's circus. The beast killed great nany cattle and hogs, and the people turne out and killed it after an exciting cha e. ON the 10th the possession of the St. Louis (Mo.) Chamb of Commerce building was surrendered by the Chamber of Commerce Associa on to the trustees of the second mortgage-bon ers. THREE of the dot rious Welsa Mountain, or Buzzard gont of outlaws in Pennsylvania, have been committed for trial. ON the 11th twelve Nihilists were captured in St. Petersburg, and important documents were seized. A SUBTERRANEAN passage leading to the tax receiver's office was discovered at Retchitza, Russia, on the 11th.