25e96dcaAccommodated withdrawals
Click image to open full size in new tab
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.
Click image to open full size in new tab
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.
Click image to open full size in new tab
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.
Click image to open full size in new tab
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.
Click image to open full size in new tab
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.
Click image to open full size in new tab
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.
Click image to open full size in new tab
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.
Click image to open full size in new tab
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.
Click image to open full size in new tab
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.
Click image to open full size in new tab
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.