9e14bdc0Full suspension
Other: Proprietors made an assignment (bankers assigned assets; indicates closure/receivership).
Click image to open full size in new tab
BANK FAILURE, PITTSBURG, Dec. 16.-The Irwin bank at Irwin, Pa., failed to open this morning. Poole & Son, proprietors, made an assignment. They say the bank could not recover from the shock caused by the former suspension. It is said that between $75,000 and $100,000 were drawn out within the past week, Poole claims that every dollar of the deposits will be paid.
Click image to open full size in new tab
Another Bank Goes Under. PITTSBURG, Dec. 16.-A Greensburg, Pa., special says: The Irwin bank at Irwin, Pa., failed to open this morning. Poole & Son, proprietors, made an assign ment. They say the bank could not recover from the shock caused by the former's suspension. Between $75,000 and $100,000 has been drawn out within the past week. Poole claims every dollar of deposits will be paid.
Click image to open full size in new tab
FAILURES. GREENSBURG, Pa., Dec. 16.-The Irwin bank, at Irwin, Pa., closed at the usual hour yesterday, but failed to open this morning. P. S. Poole & Son, the proprietors, have made an assignment. Mr. Poole says that the bank could not recover from the shock caused by the former suspension It is said that between $75,000 and $100,000 have been drawn out within the past week. The Pooles claim that every dollar of the deposits will be paid. The excitement is at fever heat. NEW YORK, Dec. 16.-According to the World, Wall street lost fully $2,000,000 in money, bonds and stocks by the Field failare. No one seems to know what has become of the money and securities, and, further, they do not know whether they are ever going to get anything back. STERLING, Kan., Dec. 6.-Morris & Kern were closed this morning under an attachment of the State bank of Sterling.
Click image to open full size in new tab
Another Bank Fails to Open, GREENSBURG, PA., December - -The Irwin bank at Irwin, Ps., closed at the usual hour yesterday but failed to open this morning. P. S. Pool & Son, proprietors, have made an assignment. Mr. Pool says the bank cannot recover from the shock caused by the former suspension. It is said that between $73,000 and $100,000 have been drawn out within the past week. The Pools claim that every dollar of the deposits will be paid. The excitement is at fever heat.
Click image to open full size in new tab
A Greensburg Bank Suspends. GREENSBURG, Pa., Dec. 17.-The Irwin bank, at Irwin, Pa., failed to open yesterday. P. S. Pool & Son, proprietors, have made an assignment. Mr. Pool says the bank could not recover from the shock caused by the former suspension. It is said that between $75,000 and $100,000 have been drawn out within the past week. The Pools claim that every dollar of the deposits will be paid. The excitement is at fever height.
Click image to open full size in new tab
Embarrassed Banks. GREENSBURG, Pa., Dec. 16.-The Irwin bank at Irwin, Pa., failed to open this morning. Pool & Son, the proprietors, made an assignment. They say the bank could not recover from the shock caused by its former suspension. It is said between $75,000 and $100,000 was drawn out within the past week. The Pools claim that every dollar of deposits will be paid. COLUMBIA, Tenn., Dec. 16.-The creditors' committee of the Bank of Columbia and the Columbia Banking company, now insolvent, reported this morning that the banks will pay 60 or 70 cents on the dollar certain, with a probability of more.