0858cc1d145437fbAccommodated withdrawals, Borrowed from banks or large institutions, Fed/other loan, Public signal of financial health, Full suspension
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ONLY TEMPORARY. PELOUSE, Washington, June 7.The First National bank closed its doors this morning. (The officers say the suspension is only temporary, and is due to the failure of the bank of Spokane. It has a capital and surplus of $100,000. At the last statement it had $30,000 deposits.
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Caused by the Bank of Spokane, PALOUSE, Wash., June 7. The First National bank of this city closed its doors this morning. The suspension in due to the failure of the Bank of Spo kaue. The bank has a capital and sur plus of $100,000 and deposite of about $300,000.
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Receiver for a Hotel Company. CHATTANOOGA, TENN., June 7.-The attorneys representing the Columbia Finance and Trust Company of Louisville, who are trustees under the bondholders and acting in sympathy with the latter, asked Judge Key this morning to name a receiver for the Cumberland Gap Hotel Company, the most important part of the property being Four Seasons Hotel at Harrogate, which has been a resort of New York fashionable people. The applicants for a receivership claim that the appointment was asked merely for the purpose of reorganization. The management remains the same and no change is to be made in the conduet of the hotel. Mr. Lionel Graham, president of the hotel company, is named as receiver. The liabilities are, with the exception of an insignificant amount, the bonded indebtedness of the company$350,000. The assets, conservatively estimated, are $750,000. Small Business Failures. KALAMAZOO, MICH., June 7.-The Winans-Pratt Carriage Company made an assignment yesterday. Liabilities and assets unknown. BEATRICE, NEB June 7.-The State Bank at Cortland closed yesterday. It is a small institution. CHICAGO, ILL., June 7.-Joseph Rathbone & Co., lumber dealers, made a voluntary assignment this morning. The assets are scheduled at $500,000, and the possession of the company's property. The firm is composed of Joseph Rathbone and Morton Butler. Inability to realize on commercial paper is given as the cause of the assignment. BEDFORD, IND., June 7.-The Bedford Bank suspended yesterday. Currency for Chicago and the West. NEW YORK, June 7.-Over $1,000,000 in currency was shipped to-day by New York banks to Chicago. Demands from banks in Cincinnati, Cleveland and other parts of the West brought the total shipments up to $1,500,000. Application was made at the sub-Treasury for a telegraphic transfer of $700,000 to San Francisco. An order for $100,000 was filled, for which gold certificates were received. The Chicago Raids Not So Heavy. CHICAGO, June 7.-With one exception -the Hibernian Savings Bank-the runs inaugurated on the various savings deposit institutions are not nearly so heavy to-day, the crowds being less than half as large as yesterday. At the Hibernian the long line of depositors was confronted for the first time this morning by the notice that a thirty-days' notice would be required on deposits of $100 or less and sixty days on amounts above that figure. PALOUSE, WASH. June 7.-The First National Bank, of this city, closed its doors this morning. The suspension is due to the failure of the Bank of Spokane. The bank has a capital and surplus of $100,000, and deposits of about $30,000.
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A Bank Fails at Palouse. Palouse, Wash., June 7.-The First National Bank of this city closed its doors this morning. The suspension is due to the failure of the bank of Spokane. The bank has capital and surplus of $100,000, and deposits of about $30,000.
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Latest Bank Failures. SPOKANE. Wash., June 8.-As a result of the suspension of the Bank of Spokane three other banks in this city have closed their doors. They are the Washington National, the Washington Savings and the Citizens' National. Other banks which have just suspended payment are: First National bank, of Palouse, Wash.: the Bedford bank, Bedford, Ind.; New Albany Banking company, New Albany, Ind.; the State bank, Cortland, Neb.
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MORE WESTERN BANKS SUSPEND. New-Albany. Ind.. June T.-The New-Albany Banking Company suspended payment this morning and closed its doors. The suspension was caused by the run made on the Bedford Bank, at Bedford, Ind., yesterday, which forced it to close. The principal stock. holders in the 186 banks are T. S. Windsley, of this city; W. S. Windsley, of Bedford, and W. L. Breyfogle, of Chicago, formerly of this city. Yesterday W. L. Breyfogle executed a deed of trust of $200,000 worth of upencumbered real estate in Chicago for the benefit of the depositors of the two banks here. 11 is claimed the assets are $212,000; its liabilities $100,000: and that the depositors will be paid 100 cents on the dollar. A deed of assignment was to-day made to John H. Stotzenberg. Indianapolis, June 7.-A Bedford dispatch to "The Sentinel" says: "The community was-startled to find yesterday that the Bedford Bank did not open Its doors. The president, Mr. Wind day, explained that in consequence of recent heavy withdrawals of deposits the bank would be forced to suspend for a few days. It is one of the oldest banks of the section." Beatrice, Neb., June 7.-The State Bank, at Cortland, this county, closed yesterday morning. It is a small institution. Deposits are about $18,000; assets unknown. Palouse, Wash., June 7.-The First National Bank, of this city, closed Its doors this morning. The suspension is due to the failure of the rank of Spokane. The bank has a capital and surplus of $100,000, and deposits of about 30,000.
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ELSEWHERE. FINANCIAL TROUBLES A Number of Failures, Mostly Among Small Banks, BEATRICE. Neb., June 7.-The State Bank at Cortland. this county. closed yesterday morning. It is a small institution. Deposits are about $18.000. PALOUSE. Wash.. June 7.-The First National Bank of this city closed its doors this morning. The suspension is due to the failure of the Bank of Spokane. The bank has a capital and surplus of $100,000 and deposits of about $30,000. WICHITA. Kan., June 7.-The Laclede and Third National banks of St. Louis and the Bank of Commerce of Kansas City. Mo., yesterday. sued out attachments for $50,000. $25,000. and $50,000 respectively against the Francis Whittaker & Sons' packing house. The Sheriff is in possession of the property. Late last evening W. N. Levy. President of the Wichita National Bank. was appointed receiver. A with is bond of $100,000. which he gave. representative of the firm said they did not owe anything in Kansas City. The plant here is valued at $200,000. most of which was donated to the firm by the city under contract to operate the plant a certain number of years The firm has done little business for some time on account of the high prices of hogs. and the Board of Trade was preparing to sue them for a breach of contract in failing to run the plant to its full capacity. the contract still being in force. BEDFORD, Ind.. June The community was startled when the Bedford Bank did not pen its doors yesterday morning. The President, Mr. Winstandler. soon appeared and explained that in consequence of recent heavy withdrawals of depos its the bank would be forced to suspend for a few days. It is one of the oldest banks of this section. NEW ALBANY. Ind.. June 7.-The New Albany Banking Company suspended payment this morning and closed its doors. The suspension was caused by the run made on the Bedford Bank at Bedford. Ind.. yesterday. which forced it to close. The principal stockholders in the two banks are T. S. Windslay of this city. W. S. Windslay of Bedford. and W.L. Breyfogle of Chicago. formerly of this city. Yesterday W. L. Breyfogle executed a deed of trust of $300.000 worth of unencumbered real estate in Chicago for the b. nefit of the depositors of the two banks here. It is said the assets are $212. 000. liabilities $100,000. and that depositors will be paid 100 cents on the dollar. deed of assignment was to-day mado to john H. stotzenberg. MILWAUKEE. June 7.-A telephone message from Kankauna this afternoon FRYS that there was a run this morning on the First National Bank of Kaukauna. It quickly died out. however. and confidence is fully restored. As far as can be ascertained the bankers in this city feel no uneasiness over the condition of the country banks. BOSTON. June -The liabilities of Henry A. Bond Co., dealers in hides and leather. who are financially embarrassed. are about $125, 000. The firm were on the paper of Richardson & Dennie. who lately assigned. CLEVELAND, June 7.-Arun was made on the St. Clair street branch of the East End Savings Bank Company. It began yesterday afternoon. and was opened this morning with increased vigor. Many depositors were promptly paid. Offers from other city banks were received. but refused by the officials. who said their bank was entirely solvent and able to care for itself. The depositors are confined almost exclusively to workingmen. No cause is assigned except rumors due to failures in other cities. MINNEAPOLIS June 7.-A rumor gained eirculation -day that two of the best-known elevator companies in the Northwest, the Northern Pacific and the Red River Valley. were temporarily embarrassed. and the subsequent events proved that although the crash is not absolute. the predicament in which these corporations find themselves is a serious one The situation is attributed to the prevailing uncertainty and the lack of confidence which is felt by the banks. The facts in the case as yet will not warrant the assertion that it is a business failure. although the statement comes direct from the general manager of the Northern Pacific Flovator Company that that corporation will ask for the appointment of a receiver. This means that the Red River Valley Company will do the same. as the capital interested in each is mostly mutual. The capital stock of the Northern Pacific Elevator Company is held mostly outside of the city. principally in Duluth. George Ruplev President of the Northern Parific Elevator Company. resides in the latter city. and until his arrival morrow no statement as to llabilities or Assets or the financial difficulties of the companies will be forthcoming. The capital stock of the Northern Pacific Elevator Company is $650,000 and the Red River Valley Company $250,000. The interests of both concerns are held largely by the same men.
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Carried Down by Spokane Failure. PALOUSE, Wash., June 7.-The First National bank closed its doors this morning. Officers say the suspension is only temporary, and due to the failure of the bank of Spokane. It has a capital and surplus of $100,000 and at the date of last statement had $30,000 in deposits.
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Palouse Bank Opens. PALOUSE, Wash., June 8,-The First National, which closed Tuesday morning, will open for business tomorrow at noon. The bank was in first-class condition when closed, but did not have the ready cash to meet the run caused by news of the failure of the Band of Spokane Falls. The stockholders and nearly all the large depositors had the utmost confidence in the bank, and did not worry in the least, Plenty of money has been secured by Cashier Cross to more than meet all the claims of depositors which can be presented. The fact that the bank could secure aid in the present crisis demonstrates the high position it holds in financial circles, A large meeting of depositors was held today at which the most implicit confidecce in the management and reliability of the bank was expressed. There is no further danger of a panic, All three Palouse banks are solid. Cashier Cross has announced that the bank will open for business tomorrow.
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BANKS GO UNDER. No Large Concerns Are Shaken. ONLY THE WEAK TOTTER. And Most of the Failares Reported Do Not Seem to Be Very Bad Ones. Special to THE MORNING CALL NEW YORK, June 9.-Judge Lacombe of the United States Circuit Court to-day issued an order authorizing a compromise of the suit of Frederick N. Pauly, as receiver of the National Bank of San Diego, Cal., against the Equitable Life Assurance Society. The bank failed in 1891, and among the assets was a $25,000 policy on the life of John W. Collins, the former president of the bank, who committed suicide. The company refused to pay this policy on certain grounds. The plaintiffs state they recognize the merits of some of the claims of the defendant, and acting on the advice of the Comptroller of the Currency, have agreed to accept $17,500 from the insurance company. A compromise, therefore, has been made on that basis. Judge McAdam appointed Fabius M. Clarke and Dr. Henry T. Cutter receivers of the Casino. E. F. Sanford & Co., jewelry, have assigned. Liabilities $150,000, assets $100,000. MISSOULA, Mont., June 9.-C. P. Higgins' Western Bank closed its doors at noon to-day, displaying formal notice of suspension. This is a private concern and no statement has been obtained at present. Stringency in the money market and threatened litigation precipitated the collapse. The depository is for the city and county It owns funds large to the interests. extent of Its about incorporaters $80,000. were promoters of the city of Missoula. From these lands and improvements they expect to realize more than double the amount required for liquidation,after which business will be resumed. Several small business firms are affected by the failure. GALVESTON, Tex., June 9.-The Texas Trading Company, a wholesale and retail corporation, has made an assignment to W. S. Dorlan. Assets, $163,000; liabilities, $81,800. ALTON, III., June 9.-The bank of J. E. Hyattat Gillespie failed to-day. From information received here it seems that a run has been in progress for several days and this caused the failure. Details have not yet been learned. NEW ORLEANS, June 9.-The Louisiana Cypress Lumber Company is in the hands of a receiver, the result of the depression in the money market. A suit was filed by William S. Hopstra of Muskegon, Mich., to recover $11,431 due on notes. The assets of the company nominally are $300,000. There is an indebtedness probably of $200,000. ELLENSBURG, Wash., June 9.-A notice will be posted on the doors of the banking house of Ben E. Snipes & Co. this morning that the bank has temporarily suspended owing to the heavy withdrawal of deposits and inability to realize on securities amply sufficient to pay five dollars for one of the indebtedness. A run on the branch bank at Roslyn yesterday precipitated the closing of the parent in this city. There is no excitement over the suspension, and the bank has the sympathy and confidence of the entire public. CHICAGO, June 9.--Joseph Higgins. private banker. with branch banks in Illinois, failed this morning; assets $50,000; liabilities not given, There are branches at Mascoutah, Serento, Gillespie and St. Ann. The assignment covers all. Jernberg. Griffin & Co., private bankers, have failed. The liabilities are $20,000: assets, $25,000. Jernberg, as a real-estate dealer, also failed, with assets $200,000; liabilities $151,000. FLORENCE, Ala., June 9.-The Tuscumbia Banking Company closed its doors this morning. There is no statement. SPOKANE, June 9.-The First National Bank of Palouse, which closed its doors Tuesday last, resumed business to-day.
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Thursday, June S. The Bank of Washburn, Wis., has suspended. The First National bank of Palouse, Wash., has closed its doors. United States Minister to Belgium J. B. Ewing has sailed for Antwerp. The postmaster general has decided that disease germs are absolutely unmailable. Sixteen persons were injured by a gasoline explosion in a St. Louis grocery store. Eastern passenger officials have decided to make special excursion rates to the world's fair of one fare for the round trip. Dan Creedon, the champion middleweight of Australia, has signed articles of agreement calling for a finish battle with Alex Greggains of San Francisco.
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CRASHES AT OTHER POINTS. The following is a summary of the financial disasters recorded Tuesday: Maintowor, Wis.-State Bank of Maintowoc after standing a three weeks' run. Defiance, 0.-Andrew Sauer's Savings Bank: liabilities, $100,000; assets $150 000. Boston.-Potter & Potter, magazine and newspaper publishers; liabilities $100,000. Philadelphia.-Same E. Prince. marble quarryman; liabilities $100,000; nominal as. setts $250,000. Troy. N. Y.-Neber & Carrenter. private bankers and brokers; liabilities, $235,000; actual assets, $131,000. Three Rivers. Mich.-Bank of Three Rivers, capitalization, $10,000; accounts due depositors at last statement, $60,000. Spokane, Wash.-Washington National and Washington Savings Banks; assets in excess of liabilities. Racine, Wis.-A run is in progress on the Manufacturers' National Bank. At Madison the First National is being subjected to a heavy run. Two Rivers, Wis.-The Bank of Two Rivers failed. The owner, David Becker, is not in the city. Evanston, III.Charles S. Winslow has been appointed receiver of the Evanston National Bank, Spokane. Wash.-The Comptroller has directed Bank Examiner E. T. Wilson to take charge of the Citizens' National Bank and the Washington National Bank. New Albany. Ind.-The New Albany Banking Company closed its doors owing to the fall of the Bedford Bank. Assets claim. ed, $212.000; liabilities. $100,000. Bedford, Ind.-The Belford Bank has suspended after a run. Palouse, Wash.- The First National Bank has suspended, owing to the Bank of Spokane's failure. Chicago-Joseph Rathbone & Co., lumber dealers. have assigned. Scheduled assets, $500,000. The run on the Banks has ceased. Cleveland, 0.-A run is in progress on the St. Clair street branch of the East End Savings Bank Company. No cause except fail 'rres in other cities.
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IN THESE days of suspensions and failures it is gratifying to note that many of them are due only to temporary embar rassments and that many of the reputed bursted banks are over their trouble and are again doing business. Among those which have re opened during the last few days are: Gate City National Bank, At lanta, Ga.: First National Bank, Los Angeles, Cal.; First National Bank, San Diego, Cal.: First National Bank, Santa Anna, Cal; First National Bank, San Bernardino, Cal: the Southern California National Bank, Los Angeles, Cal: Merchants' National Bank, Fort Worth, Tex.; Second National Bank, Ashland, Ky.; Capital National Bank, Indianapolis, Ind: First National Bank, Palouse City, Wash; Washington National Bank, Spokane Falls, Wash; National Bank of Commerce, Provo City, Utah, and First National Bank, Cisco, Texas.
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It is to be observed that in twenty-one States and Territories there have been no !ailures of National banks, viz: In Alaska, Arizona. Arkansas, Connecticut. Delaware, District of Columbia, Idabo, Indian Territory, Louisiana, Maine, Maryland, Massachusetts, Minnesota, Nevada, New-Jersey, Pennsylvania. Rhode Island, South Carolina, Vermont, Virginia and West Virginia. It is further worthy of note that no National banks have failed in Boston, Brooklyn, Philadelphia, Pittsburg, Baltimore, Washington, Buffalo, Cincinnati. St. Louis, New-Orleans, San Francisco, Minneapolis, St. Pan! and numbers of other great commercial centres: and that but one has closed in New-York, two in Chicago. and one In Milwankee. The cause of the failures in NewYork and Chicago was due largely to mismanagement, as were numbers of others. Local scares have caused many of late to suspend. Nine of the banks failed were robbed by officials who are now under arrest. The following National banks have been authorIzed by the Controller of the Currency to resume business: Gate City National Bank, Atlanta, Ga.: First National Bank. Los Angeles, Cal.: First National Bank, San Diego, Cal.: First National Bank, Santa Ana, Cal.: First National Bank, San Bernardino, Cal.: Southern California National Bank, Los Angeles, Cal.: Merchants' National Bank. Fort Worth, Tex.: Second National Bank, Ashland, Ky.: Capital National Bank, Indianapolis.: First National Bank, Palouse City, Wash.: Washington National Bank, Spokane Falls, Wash.: National Bank of Commerce. Provo City, Utab: First National Bank. Cisco, Texas: Missouri National Bank, Kansas City, Mo. Many more will reopen, as the majority of those recently failed are absolutely solvent, and only closed through an unwarranted lack of confidence in them, causing disastrous runs. Resume: Number now in operation, 3,785: number failed since January 1, 1893. 105; number reopened, 14: number In hands of receivers, 33: number In hands of Bank Examiners, with application to Controller for resumption, 58.
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SusNo. now Sus. No. now in or pendpend. in oned. eration STATE ed. eration. STATE. 5 132 Nebraska 29 1 Alabama 22 5 Nevada Arizona 2 51 N. H'pshire. 10 Arkansas 102 26 6 New Jersey. California 1 10 15 New Mexico. 38 Colorado 2 335 New York 84 Connecticut 23 1 N. Carolina 18 Delaware 3 % N. Dakota 13 Dist. Colum 2 241 17 2 Ohio Florida 5 29 3/Oklahoma Georgia 38 2 13 Oregon Idaho 213 3 Penasylvaia. 397 Illinois 59 3 Rhode Isl'd 115 Indiana 6 14 S. Carolina Indian Ter 22 40 28. Dakota 168 Iowa 3 51 6 Tennessee 136 Kansas 7 223 6Texas 81 Kentucky 3 10 20 Utah Louisiana 49 83 Vermont Maine 36 68 Virginia Maryland 10 269 Washington. 61 Mass'ch's'ts 30 2 101 W. Virginia. Michigan I 80 Wisconsin 77 Minnesota 12 1 I 12 Wyoming Mississippi. 3 76 Missouri 105 Totals 6 3,785 31 Montana "It is to be observed that in twenty one states and territories there have been no failures of national banks, viz: In Alaska, Arizona, Arkansas, Connecticut, Delaware, District of Columbia, Idaho, Indian territory, Louisiana, Maine, Maryland, Massachusetts, Minnesota, Nevada, New Jersey, Pennsylvania, Rhode Island, South Carolina, Vermont, Virginia and West Virginia. "It is further worthy of note that no national banks have failed in Boston, Brooklyn, Philadelphia, Pittsburgh, Baltimore, Washington, Buffalo, Cincinnati, St. Louis. New Orleans, San Francisco, Minneapolis, St. Paul and numbers of other great comme cial centers, and that but one has been closed in New York, two in Chicago and one in Milwaukee. The cause of the failures in New York and Chicago were due largely to mismanagement, as were numbers of others. Local scares have caused many of late to suspend. Nine of the banks named were robbed by officers who are now under arrest. "The following nation al banks have been au thorized by the comptroller of the currency to resume business: Gate City national bank, Atlanta, Ga: First national bank, Los Angeles, Cal: First nat ional bank, San Diego, Cal: First national bank, Santa Ana, Cal: First national bank, San Bernardino, Cal; the Southern California national bank, Los Angeles, Cal: Merchants' national bank, Fort Worth, Tex: Second national bank, Ashland, Ky.: Capital national bank, Indianapolis, Ind.: First national bank, Palouse City, Wash: Washington national bank, Spokane Falls, Wash National bank of commerce, Provo City, U. T.; First national bank. Cisco, Tex.; Missouri national bank, Kansas City, Mo. "Many more will reopen, as the majority of those recently failed are absolutely solvent and only closed through an unwarranted lack of confidence in them. causing disastrous runs. From the foregoing the comptroller makes the following resume, showing that when the full extent of banking in this country is considered the failures are proportionately small: 3,785 Number now in operation. 105 Number failed since January 1, 1893 14 Number reopened 33 Number in hands of receivers Number in hands of bank examiners, with application to comptroller for resumption 58 NEW YORK, July 29.-R. G. Dun & Co.'s review of trade says: "The hardest week yet has left the business world still able to rejoice in the soundness and strength disclosed. No banks here or at other eastern cities and no eastern firms of large importance have gone down. but several banks failed at the west. But through all the strain the banks of New York have passed without trouble, and imports of gold have commenced. "From $1,000,000 to $2,000,000 in money has been sent west every day and a large decrease in bank reserves is expected, as the treasury has not been disbursing heavily. Chicago has drawn heavily on New York, but in that and other cities bank statements indicate creditable soundness. "Grain rose briskly on Monday, but all speculative markets yielded a little when tight money came and the slaughter of stocks. Wheat closed about 1 cent lower. though western receipts were moderate. Corn is a fraction lower, as are some hog products. Cotton has declined an eighth, though receipts are a little larger and exports smaller than last year, but holders show great stubbornness in view of the large stocks in sight and the closing of many mills. In other products no special change is reported, though prices tend lower. "Many wolten factories are closing for a month or more or indefinitely, because orders are slack, for while jobbers' orders are about as usual clothiers still hold off. Fall trade is said to be not more than a third of the usual, and many dealers expect to do no more than half the usual spring business. Orders for boots and shoes are restricted. Shipments from the east are 12 per cent. less than for the same week last year. "Failures during the last week number 386 in the United States, against 171 last year and 23 in Canada, against 22 last year. It is noteworthy that only three failures were of capital above $200,000 each and only ninety-nine of capital over $5,000. Over fifty banks stopped during the week."
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BANKS HAVE RESUMED. Those That Were Temporarily Embarrassed Now All Right. Controller Eckels has prepared the following statement of banks which temporarily suspended during the late stringency and have since resumed business: Black Hills National Bank, Rapid City, S. D., capital stock, $125,000; Gate City National Bank, Atlanta, Ga., $250,000; Capital National Bank, Indianapolis, Ind., $300,000; Washington National Bank, Spokane Falls, Wash., $250,000: First National Bank, Palouse city, Wash., $75,000; Southern California National Bank, Los Angeles, Cal., $200,000; First National Bank, Los Angeles, Cal., $200,000; First National Bank, San Diego, Cal., $300,000; First National Bank, Santa Ana, Cal. $150,000; First National Bank, Kendallville, Ind., $50,000; First National Bank, San Bernardino, Cal., $100,000; Second National Bank, Ashland, Ky., $50,000; First National Bank, Rico, Col., $50,000; National Bank of Commerce, Provo City, Utah, $50,000; First National Bank, Cisco, Texas, $50,000; American National Bank, Leadville, Col., $100,000; Central National Bank, Pueblo. Col., $50,000; Missouri National Bank, Kansas City, Mo., $250,000; First National Bank, Fort Scott, Kan., $300,000; Union National Bank, Denver, Col., $1,000,000; National Bank of Commerce, Denver, $500.000: Hutchinson National Bank, Hutchinson, Kan.. $100,000; People's National Bank, Denver, Col., $600,000; First National Bank, Anthony, Kan., $50,000; Greeley National Bank. Greeley, Col., $50,000; Farmers' National Bank, Henrietta, Tex., $50,000; State National Bank, Vernon, Tex., $100,000; Fourth National Bank, Louisville, Ky. $300.000; First National Bank, The Dalles, Ore., $50,000; Waupaca County National Bank, Waupaca, Wis., $50,000; Waxahachee National Bank, Waxahachee. Tex., $100,000; CitIzens' National Bank, Attica, Ind., $50,000; First National Bank. San Marcos, Tex., $80,000; First National Bank, Lockhart, Tex., $50,000. Total capital stock of $6,030,000. Since January 1 last 154 national banks have suspended. Of this number one has gone into voluntary liquidation, 57 have been placed in the hands of receivers, 62 are in the hands of national bank examiners with excellent prospects of early resumption, in addition to the 34 above named which have already resumed business.
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BANKS HAVE RESUMED. Those That Were Temporarily Embarrassed Now All Right. WASHINGTON, D. C. Sept. 1.Controller Eckels has prepared the following statement of banks which temporarily suspended during the late stringency and have since resumed business: Black Hills National Bank, Rapid City, S. D., capital stock, $125,000; Gate City National Bank, Atlanta, Ga., $250,000; Capital National Bank, Indianapolis, Ind., $300,000; Washington National Bank, Spokane Falls, Wash., $250,000; First National Bank, Palouse city, Wash., $75,000: Southern California National Bank, Los Angeles, Cal: $200,000; First National Bank, Los Angeles, Cal., $200,000; First National Bank, San Diego, Cal., $300,000; First National Bank, Santa Ana, Cal., $150,000; First National Bank, Kendallville, Ind., $50,000; First National Bank, San Bernardino, Cal., $100,000; Second National Bank, Ashland, Ky., $50,000; First National Bank, Rico, Col., $50,000; National Bank of Commerce, Provo City, Utah, $50,000; First National Bank, Cisco, Texas, $50,000; American National Bank, Leadville, Col., $100,000; Central National Bank, Pueblo, Col., $50,000; Missouri National Bank, Kansas City, Mo., $250,000; First National Bank, Fort Scott, Kan., $300,000; Union National Bank, Denver, Col., $1,000,000; National Bank of Commerce, Den ver $500,000; Hutchinson National Bank, Hutchinson, Kan., $100,000; People's National Bank, Denver, Col.,$600,000; First National Bank, Anthony, Kan., $50,000; Greeley National Bank, Greeley, Col., $50,000; Farmer's National Bank, Henrietta, Tex., $50,000; State National Bank, Vernon, Tex., $100,000; Fourth National Bank, Louisville, Ky., $200,000; First National Bank, The Dalles, Ore., $50,000; Waupaca County National Bank, Waupaca, Wis., $50,000: Waxabachee National Bank, Waxabachee, Tex., $100,000; Citizen's National Bank, Attica, Ind., $50,000; First National Bank, San Marcos, Tex., $80,000; First National Bank, Lockhart, Tex., $50,000. Total capital stock of $6,030,000. Since January 1 last 154 national banks have suspended. Of this number one has gone into voluntary liquidation, 57 have been placed in the hands of receivers, 62 are in the hands of national bank examiners with excellent prospects of early resumption, in addition to the 34 above named which have already resumed business.
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BANKS WHICH HAVE RESUMED. A Statement from Controller Eckels Showing Their Present Capital Stock. WASHINGTON, Aug. 28th.-Controller Eckels has prepared the following statement of banks which temporarily suspended during the late stringency and have since resumed business: Blank Hills National Bank, Rapid City, S. D., capital stock, $125,000; Gate City National Bank, Atlanta, Ga., $250,000; Capital National Bank, Indianapolis, Ind., $300,000; Washington National Bank, Spokane Falls, Washington, $250,000 ; First National Bank, Palouse City, Washington, $75,000; Southern California National Rank, Los Angeles, Cal., $200,000; First National Bank, Los Angeles, Cal., $200,000; First National Bank, San Diego, Cal., $800,000; First National Bank, Santa Ana, Cal., $150,000; First National Bank, Kendallville, Ind., $50,000; First National Bank, San Bernardino, Cal., $100,000; Second National Bank, Ashland, Ky., $50,000; First National Bank, Rico, Col., $50,000; National Bank of Commerce, Provo City, Utah, $50,000; First National Bank, Cisco, Tex., $50,000, American National Bank, Leadville, Col.; $100,000; Central National Bank, Pueblo, Col., $50,000; Missouri National Bank, Kansas City, Mo., $250,000. First National Bank, Fort Scott, Kan., $300,000; Union National Bank, Denver, Col., $1,000,000; National Bank of Commerce, Denver, Col., $500,000; Hutchinson National Bank, Hurchinson, Kan., $100,000; People's National Bank, Denver, Col., $600,000; First-National Bank, Anthony, Kan., $50,000; Greeley National Bank, Greeley, Col., $50,000; Farmers' National Bank, Henrietta, Texas, $50,000; State National Bank, Vernon, Texas, $100,000; Fourth National Bank, Louisville, Ky., $300,000; First National Bank, The Dalles, Oregon, $50,000; Waupaca County National Bank, Waupaca, Wis., $50,000; Waxahachie National Bank, Waxahachie, Texas, $100,000; Citizens' National Bank, Attica, Ind., $50,000; First National Bank, San Marcos, Texas, $80,000; First National Bank, Lockhart, Texas, $50,000; total, $6,030,000. Since Jan. 1 last 145 national banks have suspended. Of this number 1 has gone into voluntary liquidation, 57 have been placed in the hands of receivers, and 62 are in the hands of national bank examiners, with excellent prospects of early resumption, in addition to the 34 aboved named, which have already resumed business.
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NATIONAL BANKS RESUME. Comptroller Eckels Furnishes Quite a Long List. WASHINGTON, Aug. 31.-Comptroller Eckels has prepared the following statement of banks which temporarily suspended during the late stringency and have since resumed business: Black Hills national bank, Rapid City, S. D.; capital stock. $25,000. Gate City national bank, Atlanta, Ga; $250,000. Capital national bank, Indianapolis, Ind.; $300,000. Washington national bank, Spokane Falls, Wash: $250,000. First national bank. Palouse City, Wash; $75,000. Scuthern California national bank, Los Angeles, Cal: $200,000. First national bank, Los Angeles, Cal.; $200,000. First national bank, San Diego, Cal.: $300,000. First national bank, Santa Ana. Cal.; $150,000. First national bank, Kendallsville, Ind; $50,= 000. First national bank, San Bernardino, Cal.; $100,000. Second national bank, Ashland, Ky.; $50,000. First national bank, Rico. Col.; $50,000. National Bank of Commerce, Provo City, Utah: $50,000. First national bank, Cisco, Tex.: $50,000. American national bank, Leadville, Col; $100,000. Central national bank, Pueblo, Col: $50,000. Missouri national bank, Kansas City, Mo.; $250,000. First national bank, Fort Scott, Kan: $300,000. Union national bank, Denver, Col.; $1,000,000. National Bank of Commerce, Denver, Col; $500,000 Hutchinson national bank, Hutchinson, Kan: $100,000. People's national bank, Denver, Col.; $600,000. First national bank, Anthony, Kan: $50,000. Greeley national bank, Greelev, Col.: $50,000. Farmers' national bank, Henrietta, Tex.; $50,000. State national bank, Vernon, Tex: $100,000. Fourth national bank, Louisville, Ky.; $300,000. First national bank, The Dalles, Ore: $50,000. Waupaca County national bank, Waupaca, 1 Wis.: $50,000. Waxahachie national bank, Waxahachie, Tex.; $100,000. Citizens' national bank. Attica, Ind: $50,000. First national bank, San Marcos, Tex.; $80,000. 1 First national bank, Lockhart, Tex; $50,000. : Total capital stock, $6,030,000. Since January 1 last 154 national e banks have suspended. Of this num1 ber, one has gone into voluntary liquif dation, fifty-seven have been placed in f the hands of receivers, sixty-two are in the hands of bank examiners with ext cellent prospects of early resumption, t in addition to the thirty-four above a named which have already resumed t business.
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NATIONAL BANKS RESUME. Comptroller Eckels Furnishes Quite a Long List. WASHINGTON, Aug. 31.-Comptroller Eckels has prepared the following statement of banks which temporarily suspended during the late stringency and have since resumed business: Black Hills national bank, Rapid City, S. D.; capitalstock. $25,000. Gate City national bank, Atlanta, Ga; $250,000. Capital national bank, Indianapolis, Ind; $300,000. Washington national bank. Spokane Falls, Wash: $250,000. First national bank. Palouse City, Wash; $75,000. Southern California national bank, Los Angeles, Cal: $200,000. First national bank. Los Angeles, Cal.: $200,000. First national bank, San Diego, Cal.: $300,000. First national bank, Santa Ana. Cal : $150,000. First national bank, Kendalisville, Ind: $50, 000. First national bank, San Bernardino, Cal.; $100,000. Second national bank, Ashland, Ky.; $50,000. First national bank Rico. Col: $50,000. National Bank of Commerce, Provo City, Utah: $50,000. First national bank. Cisco, Tex.: $50,000. American national bank, Leadville, Col.; $100,000. Central national bank, Pueblo, Col: $50,000. Missouri national bank, Kansas City, Mo.; $230,000. First national bank, Fort Scott, Kan: $300,000. Union national bank, Denver, Col.; $1,000,000. National Bank of Commerce, Denver, Col: $500,000 Hutchinson national bank, Hutchinson, Kan: $100,000. People's national bank, Denver, Col.; £600,000. First national bank, Anthony, Kan: $50,000. Greeley national bank, Greelev, Col.: $50,000. Farmers' national bank, Henrietta, Tex.; $50,000. State national bank, Vernon. Tex: $100,000. Fourth national bank. Louisville, Ky.; 8300,000. First national bank. The Dalles, Ore: $50,000. Waupaca County national bank, Waupaca, Wis: $50,000. Waxahachie national bank, Waxahachie, Tex.: $100,000. Citizens' national bank, Attica, Ind: $50,000. First national bank, San Marcos, Tex: $80,000. First national bank, Lockhart, Tex: $50,000. Total capital stock, $6,030,000. Since January 1 last 154 national banks have suspended. Of this number, one has gone into voluntary liquidation, fifty-seven have been placed in the hands of receivers, sixty-two are in the hands of bank examiners with excellent prospects of early resumption, in addition to the thirty-four above named which have already resumed business.