Exchange National Bank - Cincinnati, OH

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 2616
Charter Number: 2616
Start Date: October 1, 1884*
Location: Cincinnati, Ohio (39.103, -84.515)

Metadata

Model: gpt-5-mini
Short Digest: f1518bc7

Response Measures

None

Description

Multiple newspapers (Oct 1884) report the Exchange National Bank of Cincinnati has gone into voluntary liquidation. No articles describe a depositor run; this appears to be a voluntary suspension/liquidation and permanent closure. Date not explicitly given — reported in papers dated 1884-10-09, so placed in early October 1884.

Events (3)

1. January 12, 1882 Chartered

Source: historical_nic

2. August 17, 1884 Voluntary Liquidation

Source: historical_nic

3. October 1, 1884* Suspension

Cause: Voluntary Liquidation
Cause Details: Bank entered voluntary liquidation (papers state gone into voluntary liquidation and interests to unite with Cincinnati National Bank).
Newspaper Excerpt: THE Exchange National Bank of Cincinnati has gone into voluntary liquidation.
Source: newspapers

Newspaper Articles (4)

1. October 9, 1884 The Bolivar Bulletin Bolivar, TN

Article from The Bolivar Bulletin, October 9, 1884

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SOME of the Paris journals predict a England keeps out Franco-German FRANCE her finger alliance of the unless Chinese pie. is said to be again willing to resume treaty negotiations if China will pay an indemnity of 90,000,000 francs. THE British Government is reported to have ordered the bombardment of Dover by a portion of the channel squadron to test the defenses. THE North Carolina State Exposition opened at Raleigh on the 1st. LARGE quantities of war materials are being shipped to China from England. THE Exchange National Bank of Cincinnati has gone into voluntary liquida. tion. ON the 1st there were 433 fresh cases of cholera reported in Italy, and 197 deaths. THE manufacturers of writing paper met at Boston, Mass., on the 1st, and decided upon an advance in prices. IN the Catawissa Valley of Pennsylvania a strange disease has broken out among cattle. DURING September the decrease of the public debt was $12,047,039; cash in the Treasury, $425,031,322. ON the 1st it was semi-officially announced at Paris that Admiral Courbet had made a descent upon Kee Lung. to establish a A MOVEMENT for the grain started clearinghouse trade was on the New York Produce Exchange on the 1st. THE Brotherhood of Locomotive Engineers began the sessions of its twenty-first annual Convention at San Francisco, Cal., on the 1sth. the 1st the Irish National League met at Dublin and complained of having re. ceived no funds lately from America to aid in the work laid out. THE strike of the Pittsburgh stove molders is virtually over, the men being will. ing to accept the ten per cent. reduction. , SINCE the beginning of the present year 2,583 miles of main track have been laid in a the United States, against 4,244 during the . same period last year. e LE TEMPS says France is not seeking alliance with Germany on the Egyptian question, nor is she negotiating for peace with China. THE New York Produce Exchange wants e the to lift railroad managers certain 2, charges which operate against grain men of that city. y was by the Oliver Is Works NOTICE given Iron t at Pittsburgh, Pa., on the 1st, to . the ;employes of a reduction of 12 1/2 per f cent. in wages on account of the deprese sion in trade. e THE mills at Minneapolis, Minn., are turning out more flour than ever before in e the history of the city. Several are running on new wheat exclusively. IN Virginia the drought is alarming. d The heat has also been intense for has dried up in the h days. Grass several southn west, creeks are dry and cattle are being driven into Tennessee for water and grazing. & S SOUTH AFRICAN advices report a move r'ment to raise a local force to expel the SBoers from Bechuanaland and restora English authority. at THE termination of the railroad war is announced by Commissioner Fink. g e THE deaths from cholera in France are rapidly decreasing. le e THE financial exhibit of the Postal Da partm ent for the fiscal year is given to the Cpublic. It shows a deficiency of about $3,000,000. on IN several counties in Maryland hogs d, are suffering and dying from a malignant disease. y ON. the 2d there were 226 fresh cases of cholera in Italy and 194 deaths. Le d AT Stratford, Ont., a scheme to smuggle grain into Canada has been discovered. THE actor, Frank S. Chanfrau, wel he liknown for his impersonations of "Kit, the is Arkansas Traveler," died at Jersey Cit on the 2d. It ON the evening of the 2d a grand dem nd constration was held in Buffalo, N. Y., honor of the visit of Governor Cleveland d, Thousands of people went from the ad gal. joining country, and the affair was th nost imposing of the kind ever held there vThe Governor made a speech, and muc of enthusiasm was manifested the to A heavy rain fell th a of his home. by during peopl entire evening. a hands with Earl BECAUSE he shook Sper cer, the President of a branch of the Iris on ad National League at Dublin has been ex pelled. S., THE Sultan of Morocco has dismisse infrom office and imprisoned the Governo of Demnah, who is charged with havin tortured the Jews, in consequence of th raprotest of the Italian Consul.

2. October 9, 1884 Iron County Register Ironton, MO

Article from Iron County Register, October 9, 1884

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Ter., was destroyed by fire on the 1st. THE Exchange National Bank of Cincinnati has gone into voluntary liquidation. THERE were 433 fresh cases of cholera reported in Italy on the 1st and 197 deaths. MR. KIRKI, the new Japanese Minister to the United States, arrived at San Francisco on the 1st. WRITING paper manufacturers met at Boston, Mass., on the 1st, and decided upon an advance in prices. GENERAL WM. A. THROOP, a prominent citizen of Detroit, Mich., shot himself through the head on the 1st, inflicting a mortal wound. A STRANGE disease has broken out among cattle in the Catawissa Valley of Pennsylvania. THE decrease of the public debt during September was $12,047,039; cash in the Treasury, $425,031,322. ROSCOE CONKLING was killed in a base ball game at River Head, L. L, on the 1st. This is not the ex-Senator, but a namesake of seventeen. JOHN W. FLINN, President of the American Association of Master Mechanics, died at Atlanta, Ga., on the 1st. IT was semi-officially announced at Paris on the 1st that Admiral Courbet had made a descent upon Kee Lung. A SON of O'Donovan Rossa, now in Paris, boasts that he has 50,000 francs with which to buy dynamite to send to England. A MOVEMENT was started on the New York Produce Exchange on the 1st to es. tablish a clearing-house for the grain trade. THE twenty-first annual convention of the Brotherhood of Locomotive Engineers began its sessions at San Francisco, Cal., on the 1st. THE Irish National League met at Dublin on the 1st and complained of having received no funds lately from America to aid in the work laid out. SINCE January 2,533 miles of main track have been laid in the United States against 4,244 during the same period last year. LE TEMPS denies that France is seeking alliance with Germany on the Egyptian question, or that France is negotiating for peace with China. THE New York Produce Exchange wants the railroad managers to lift certain charges which operate against grain men of that city. THE stove-molders' strike at Pittsburgh, Pa., is virtually over, the men being willing to accept the ten per cent. reduction. THE Oliver Iron Works at Pittsburgh, Pa., on the 1st, notified the employes of a reduction of 12½ per cent. in the wages on account of the depression in trade. THE Minneapolis (Minn.) mills are turning out more flour than ever before in the history of the city. Several are running on new wheat exclusively. W. F. BARTHOLOMEW, coachman for W. J. Simmons, a wealthy business man of Troy, N. Y., married the latter's adopted daughter, Emma Babcock, aged eighteen, on the 1st. It was a secret affair. THE drought in Virginia is alarming. The beat has also been intense for several days. Grass is dried up in the southwest, creeks are dry and cattle are being driven into Tennessee for water and grazing. COMMISSIONER FINK has announced the termination of the railroad war. MRS. BELVA LOCKWOOD announces that she will take the stump. CHOLERA deaths in France are rapidly decreasing. THE operations of the Postal Department for the fiscal year are given to the public. They show a deficiency of about $3,000,000. THE Liberals of Glasgow, Scotland, will erect a statue of Gladstone. Hogs are suffering and dying from a malignant disease in several counties in Maryland. THERE were 326 fresh cases of cholera in Italy on the 2d. and 194 deaths. A GANG of men called at Dennis MeGrath's house, near Providence, R. I., on the 2d, and murdered him. JOHN F. MARSH declines to be the People's party candidate for Lieutenant Governor of Massachusetts. BOTH Blaine and Logan were at Cincinnati on the 2d. They reviewed an immense procession in their honor and held public receptions. A PLATFORM gave way during the races at Strabone, Ireland, on the 2d, and many persons were injured. A SCHEME to smuggle grain into Canada has been discovered at Stratford, Ont. COMMODORE SCHLEY has been presented with a gold medal and Lieutenant Emory a silver medal by the Massachusetts Historical Society for the part they took in rescuing the Greely party. DYNAMITE outrages at Cuy Le Noble, France, on the 2d caused great damage and frightened the inhabitants. FRANK S. CHANFRAU, well known for his impersonations of "Kit, the Arkansas Traveler," died at Jersey City on the 2d. THE President of a branch of the Irish National League at Dublin has been ex. pelled because he shook hands with Earl Spencer. AH LEE LEE Yow, a Chinese laundryman of Cleveland, O., who married a white woman, was naturalized on the 2d by the Probate Judge, as his first papers were taken out prior to the act of 1882. JOHN McCuLLouGh, the actor, became violent at Chicago, and it required sev. eral men to restrain him. It is thought the tragedian's mind is seriously affected. WALTER EVANS, United States Internal Revenue Commissioner, officially states that John A. Logan does not own an interest in a distillery, in answer to an inquiry from a Kansas man. WITHIN two days, October 1st and 2d, four persons were murdered in Springdale, Tex. The provocations were trivial. ONE man was killed and several seriously injured by an explosion, on the 2d, of

3. October 9, 1884 McCook Weekly Tribune McCook, NE

Article from McCook Weekly Tribune, October 9, 1884

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BRIEFLY TOLD. McCullough, the actor, is said to have become demented. The world is ten million yearsold, according to the Duke of Argyle. Tennyson's new work consists of one long dramatic poem, subject, "Bucket." West Virginia is having very hot weather, and is suffering greatly from drought. The strike among the miners along the Monongahela river, is practically at an end. The loss by the Cleveland lumber fire is estimated at $125,000, the insurance being $196,000. Dair, the murderer of Alderman Gaynor, of Chicago, was found guilty and sentenced to be hanged. The Buffalo glucose company shipped two train loads of corn to Chicago and realized a profit of 16 cents a bushel. John Baker, of Augusta, Me., was arrested for the murder of Mrs. Tuck. He confessed to having committed the crime. Edward Morgan, whose father is a well known resident of Des Moines, Iowa, fell from a window at Lafayette, Ind., and was killed. General William A. Throop, of the firm of Lapham & Throop, Detroit, a well known citizen and politician, shot himself and will die. Daniel W. Fuller, an Adventist exhortor of Chesterfleld, Michigan, grew weary of waiting for golden slippers, and hanged himself in his barn. Mrs. Barbara Becht, of Louisville, arose from her bed to hunt for a cat. Her clothes took fire from a candle, and she was burned to death. The Exchange National bank of Cincinnati has gone into voluntary liquidation, and its interests will unite with the Cincinnati National bank. Andrew J. Cooper and other Chicagoans have incorporated at Springfield a company with a capital of $1,000,000 to operate a gold mine in Michigan. Chicago capitalists are said to be arranging to build a railroad from Monroe, Louisiana, to Pine Bluff, Arkansas, a distance of 150 miles through the cotton belt. Walter Wesser, twelve years of age, was instantly killed on the Rock Island road west of Des Moines. In getting out of the way of the Fort Dodge train he stepped in front of a moving train on another road. The sentence of Clifford W. Richardson, of Ohio, convicted of murder and sentenced to hang Sept. 26th, and reprieved to Oct. 28th, has been committed to imprisonment for life by Gov. Hoadley, of that state. The Merritt wrecking company has succeeded in raising the Tailapoosa sufficiently to remove her two miles toward Edgartown harbor. She will be taken in a few days to where she can be temporarily repaired. 1 The local freight agents of the eastbound trunk lines, at a meeting at Chicago, decided to restore full tariff rates to seaboard points, which are on the basis of 25 cents ongrain and 30 cents on provisions from Chicago to New York. An inspection of the Canadian Pacific road has recently been made by the chief engineer of government lines. He reports that a force of 5,000 men are at work on each side of the Selkirk mountains, and that track will be laid to the Pacific ocean by next spring at the latest. Sixty-three barrels of beer, the entire stock of Schneider Bros.' brewery at Cedar Rapids, Iowa, was turned out upon the ground, they preferring to have that done than to have the suit against them for selling beer continued, Their kegs were returned and they will take them to their Ohio brewery. The largest cattle sale even made in Lafayette, Ind., has just been consummated. Messrs. srs. Fowler and Vannatta sold to W. H. Monroe, of Boston, through his agent John Enoch, of West Liberty, O., 1,000 head of fat cattle for $70,000 cash, an average of $70 a head. They were shipped east over the Lake Erie and 1 Western road. At Charleston, West Va., during the democratic demonstration, John Minley, in a drunken fit, began shooting in the crowd. Charles Slaughter, colored, was shot just / above the heart, and Albert McCormick, I

4. October 16, 1884 Dodge City Times Dodge City, KS

Article from Dodge City Times, October 16, 1884

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NEWS SUMMARY. MISCELLANEOUS. A reduction in charges has been ordered by the Suez Canal Company. The largest business block of Millican, Texas, was destroyed by fire. The citizens' National Bank, Indianapolis, will go into voluntary liquidation. The Exchange National bank of Cincinnati has gone into voluntary liquidation. Joseph Mulhatton has written a letter of acceptance 88 the drummers' candidate for President. The Ninth Episcopal Congress of the United States met at Detroit. Bishop Harris presided and delivered the address of welcome. The Western Union reports breaks in both the American or Gould cables 700 miles from Canso, Nova Scotia. This leaves the pool six cables. Customs examiners in New York, seized forty-one large diamonds, found in the mail brought by one steamer. The gems are valued at $10,000. Andrew J. Cooper and other Chicagoans have incorporated at Springfield a company with a capital of $1,000,000 to operate a gold mine in Michigan. A pleasure tug carrying about twenty persons left Grand Haven, Michigan, for New Orleans, on a fishing excursion, and expect to take six weeks on the down ward trip. 6 A reduction of ten per cent. has been made in the wages of the men employed in the quarries belonging to the State Ex change of Lehigh and Northampton counties. Capitalists will meet in Pittsburg Oct. 15th to arrange for the construction of an air line 1,2000 miles long to connect New York with Chicago, Council Bluffs and St. Louis. A tragedy in a Negro brothel on Polk Chicago, ended in the death of Minnie Brooks, who once reformed and for a time expended all her means in keepinga refuge for fallen women. All the effects of the St. Louis Malleable Iron Company have been turned over to its officers by order of the Court. Work has been resumed on the large contracts, which will require a run until 1886. An exploaion of gas caused the burning of the Windson hotel at Kingston Canada One guest leaped from a third-story window and others barely escaped with their lives. The loss is estimated at $40,000. H. K. Tyler and E. M. Wilson have been appointed Receivers of the Malleable Iron Works. Bad management is the cause. The owners of the concern are leading capitalists. The assets are largely in excess of the liabilities. Senator Morgan, of Alabama, who has just returned from a trip to California, expresses the opinion that steel ships and cruisers can be built on the Pacific coast at 10 per cent. less cost than on the Atlantic seaboard, on account of the rich iron deposits. Reuben Springer and David Stinton have offered $25,000 each to the Cincinnati Museum to pay for the removal and erection of the present postoffice building on the grounds of the Association in Eden Park, as a sample of the pure Grecian architecture. The Chicago, Burlington & Quincy and Atchison, Topeka & Santa Fe have inaugurateda new line, to be known as the Pacific Coast Fast Freight line, from Chicago to all points in California, New Mexico and Arizona. The scheduled time from Chicago to San Francisco is nine days. It is announced that the Woman's National Christian Temperance Union will meet at St. Louis on October 22, 23, 24 and 25. Prominent lady speakers will occupy some of the church pulpits the preceding Sunday. October 7 will be made a day of prayer by thousands of local unions throughout the country. The general assignment of J. W. Rosenthal & Co., one of the largest clothing manufacturers of Rochester, was filed in the County Clerk's office Oct. 6, and the assignee is Louis Greisheimer, of Chicago, and the claims of the preferred creditors amount to nearly $100,000. The real extent of the failure cannot be learned until the *assignee's schedule is filed. The officers of the Hampden Mutual Fire Association, of Springfield, Mass., have decided to close up business. The general agent, S.C. Warner, has issued a circular calling in the policies, which now number seven or eight hundred. The losses incurred by the burning of the Newton paper mill at Holyoke are the immediate cause of this step. The policy holders will all receive their return premiums. Judge Dealy, of the United States District Court, has delivered an important decision in the case affecting the Oregon Railroad & Navigation Company. Villard, representing the Northern Pacific, took a ninety-three years' lease on the Oregon Railroad Company's road, at $140,000 8 year. Villard's successors endeavored to repudiate the lease, but the Jndge decided that the lease holds good. The Federation of Trades and Labor Unions adopted the following resolution Resolved, That owing to the painful circumstances in connection with the existing trouble between the International and Progressive Cigarmakers Unions, we instruct the Legislative Committee at the close of this congress to open communication with the principal officers of the above unions and offer their services as mediators, with the view of bringing about harmony between those bodies. The earnings of the Union Pacific Railroad, entire system, for August is $2,530,000; decrease from August a year ago, $47,000;. The expenses were $1,101,000; decrease, $275,000. Surplus earnings, $1,328,000; increase, $228,000. For the eight months ending August 31st, the earnings were $15,871,000; decrease from same period last year, $2,066,000. Expenses, $9,372,000; decrease, $148,000. Surplus earnings for eight months, $6,498,000; decrease, $2,215, 000. John L. Sullivan in an interview with a Bulletin reporter, said he intends to train down to 200 pounds or less for a set to with Laflin. After the Laflin fight he desires matches with Alf. Greenfleld, the Eglish athlete, and with Mitchell, if the latter is so inclined. He declares solemnly that he has stopped drinking for all time, and is determined to take care of himself. After completing his engagements in this country he will give some farewell performances and then make a tour to England, Ireland, Scotland and Australia. The lockout at Oliver Bros. & Phillips'