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MORE TAILURES. Suspension of Two Banks in Minneapolis Announced. INABILITY TO REALIZE ON ASSETS. Many Interests Are Involved in the As signment of the Van Nortwick Brothers at Batavia, Ill-Other Business Troubles. 1 Minneapolis, Minn., Dec. 30.-The Columbia national bank, whose president is Charles Kittleson, ex-state treasurer, and whose cashier is Joseph Bobleter, also an ex-state treasurer, failed to open its doors Tuesday morning, and George M. Coffin, deputy controller of the currency, who happened to be in the city, took charge. Cashier Bobleter said that the liabilities, not including the capital stock, etc., and including principally deposits, amount in round numbers to $247,000, while the assets, mostly notes, amounted to $450,000. He said that he had no doubt but that the depositors would in time be paid in full. The state is a creditor to the amount of $16,000 and the county to about $5,000. The city had $1,200 on deposit. At the present time, according to Cashier Bobloter, there is $33,000 cash in the vault, and $100,000 will be collected within the next 30 days. The suspension was ordered for the purpose of protecting the majority of the creditors. The bank's capital is $200,000. Closed Its Doors. The suspension of the Scandia Monday and the Columbia Tuesday morning created consternation among the patrons of the Washington bank and such a run ensued that the bank was compelled to close its doors shortly after noon. Depositors drew their checks directly at the bank and through the clearing house at such a rate that it was evident that the interests of all the depositors demanded a suspension of business. The bank knew that its strength would be sorely taxed, and had made arrangements to get $50,000 in cash which would have tided it over safely, but the money was not forth coming Tuesday morning, and after a vain attempt to stand the demands, Cashier Brecke telephoned Bank Examiner Kenyon that the officials had decided to close the bank and asked him to take charge. Cashier Brecke stated that aside from the matter of cash on hand, the bank was in excellent shape. Exactly what will be done has not yet been deterunined. It is very likely that the suspension will be only temporary, as the resources of the bank are in such shape, according to Mr. Brecke, that its depositors can be paid in full in a comparatively short time. In round numbers the liabilities are $500,000 and the assets $600,000. Of the latter only $14,500 are real estate. The bank had some city deposits, $3,000 of state money and $4,000 of the county's. The bank's officials are President A. C. Haugan, who is at present city treasurer; vice president, K. S. E. Johnson; cashier, O. E. Brecke. The bank's loans and discounts are $507,145. Its deposits are $458,000 and its capital stock $100,000. Run on Savings Banks. The failure of two banksin this city in one day has caused a run on the Farmers' & Mechanics' savings bank, the largest savings bank in the northwest. It has over $7,000,000 on deposit, and does a strictly savings business. Quite an amount of money is being deposited there during the run. The of ficials say they can pay all demands and will not take advantage of the 60-day notice. Failure Involving Many Interests. Batavia, Ill., Dec. 30.-This city is in the throes of a financial disaster due to the failure of William M. & John S. Van Nortwick, bankers, of this place. The Van Nortwicks are not only leading commercial spirits of the Kane county town, but are heavily interested at other points. The assignment covers its interests in the following concerns: Bank of William J. and J. S. Van Nortwick, Batavia, Ill. Western Paper Bag company of Batavia. Appleton Manufacturing company, of Appleton, Wis. Memphis Woodenware company, of Memphis, Tenn. Cotton mills, at Aurora, Ill. Kaukauna Paper company, of Kaukauna, Wis. Combined Lock Paper company. Wisconsin Sulphite Fiber company. Union Pulp company. The assignment was made to the Equitable Trust company of Chicago. The cause of the failure was the liquidation of the Atlas national bank of Chicago, that institution having backed the Van Nortwicks to the extent of $300,000. W. M. Van Nortwick was a director in the Atlas. The father of the two men died in 1890. He left the sons $5,000,000. He had built paper mills and others, and his sons widely extended the business. It is thought the great fortune is dissipated. Attorney A. W. Green, of Green, Robbins & Honore, who drew up the assignment papers for the Batavia bank, disclosed the principal causes which led up to the assignment in an interview. Aside from the Atlas liquidation the most important factor in the Van Nortwick crash, he said, was the recent failare to dispose of $300,000 worth of bonds in the Boston market, secured on the great Combined Lock mills on Fox river and valued at $700,000 in a clear market. Negotiations for the conclusion of this deal had nearly been finIshed when the National Bank of Illinois' failure was announced. That put a stop to the sale of the bonds, and the