19541. Union National Bank (Summerville, PA)

Bank Information

Episode Type
Suspension → Reopening
Bank Type
national
Bank ID
6739
Charter Number
6739
Start Date
October 16, 1908
Location
Summerville, Pennsylvania (41.116, -79.187)

Metadata

Model
gpt-5-mini
Short Digest
f8409868

Response Measures

None

Receivership Details

Date receivership started
1908-10-16
Date receivership terminated
1909-01-28
OCC cause of failure
Excessive lending

Description

Bank was closed by the federal bank examiner/Comptroller's office on Oct 16, 1908 due to 'paper of doubtful value' and a temporary receiver was appointed. The bank was later authorized to resume business (reopened) Jan 28, 1909 after restoring capital and meeting Comptroller conditions. No run is mentioned in the articles.

Events (6)

1. April 23, 1903 Chartered
Source
historical_nic
2. October 16, 1908 Receivership
Source
historical_nic
3. October 16, 1908 Receivership
Newspaper Excerpt
Mr. Cunningham has been appointed temporary receiver.
Source
newspapers
4. October 16, 1908 Suspension
Cause
Government Action
Cause Details
Closed by bank examiner/Comptroller due to accumulation of paper of doubtful value (insolvency concerns).
Newspaper Excerpt
A telegram was received by the Comptroller of the Currency ... stating that he had closed the Union National Bank of Summerville, Pa. ... said to have accumulated a considerable quantity of paper of doubtful value, which necessitated its suspension.
Source
newspapers
5. January 28, 1909 Reopening
Newspaper Excerpt
The Union National Bank of Summerville, Pa., which went into the hands of a receiver October 16, 1908 ... has been authorized to resume business.
Source
newspapers
6. January 28, 1909 Restored To Solvency
Source
historical_nic

Newspaper Articles (20)

Article from The Evening World, October 16, 1908

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BANK IN PENNSYLVANIA CLOSED BY EXAMINER. WASHINGTON, Oct. 16.-A telegram was received by the Comptroller of the Currency to-day from Bank Examiner John B. Cunningham stating that he had closed the, Union National Bank of Summerville, Pa. The bank has a capital of $50,000 and is said to have accumulated a considerable quantity of paper of doubtful value, which necessitated its suspension. Mr. Cunningham has been appointed temporary receiver.


Article from The Madison Daily Leader, October 17, 1908

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Pennsylvania Bank Closed. Washington, Oct. 17.-A telegram was received by the comptroller of the currency from Bank Examiner John B. Cunningham stating that he had closed the Union National bank of Summerville, Pa. The bank has a capital of $50,000 and is said to have accumulated a considerable quantity of paper of doubtful value, which necessitated its suspension. Mr. Cunningham has been appointed temporary receiver.


Article from The Bemidji Daily Pioneer, October 19, 1908

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Pennsylvania Bank Closed. Washington, Oct. 1 -A telegram was received by the comptroller of the currency from Bank Examiner John B. Cunningham stating that he had closed the Union National bank of Summerville, Pa. The bank has a capital of $50,000 and is said to have accumulated a considerable quantity of paper of doubtful value, which necessitated its suspension. Mr. Cunningham has been appointed temLorary receiver.


Article from Dakota Farmers' Leader, October 23, 1908

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Pennsylvania Bank Falls. A telegram was received by the comptroller of the currency from Bank Examiner John B. Cunningham stating that he had closed the Union National bank, of Summerville, Pa. The bank has a capital of $50,000 and is said to have accumulated a considerable quantity of paper of doubtful value, which necessitated its suspension.


Article from Perrysburg Journal, October 23, 1908

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was no c at Nowicki Siding, a few miles south of Metz, and the the cars were burned, 11 women and children and four men perishing. The forest fires in Northern Michigan were reported to be raging with most disastrous results. Hundreds made homeless by Michigan forest fires need shelter and food and Gov. Warner issued an appeal for help. Relief work was started promptly in Detroit and elsewhere. Capt. Peter C. Hains and his brother, T. Jenkins Hains, were indicted in New York for the murder of William E. Annis. Judge David B. Howell of Newark, N. J., committed suicide by shooting. E. H. Gay & Co., bond dealers of Boston, went into the hands of receivers, the liabilities being estimated at $8,000,000. Turkish troops massacred Armenians in the village of Viran-Shehr and brutally abused the women and children. The German balloon Plauen, which left Berlin in an endurance contest, was picked up in the North sea by a trawler. Clinging to the balloon were the two aeronauts, Hackstetter and Schreider, in an almost exhausted condition. One man was drowned and 75 persons were thrown into a panic when the steamer New York of the Albany Day line was rammed by a tug in the North river. Fire destroyed two big salt ware. houses in South Chicago, Ill., the loss being about $150,000. Fire caused $500,000 damage in the yards of the Rock Island (III.) Lumber Company and the Rock Island Sash and Door works. Clara Watland, 15 years old, committed suicide at New Sharon, Ia., because her mother scolded her, it is said, for tardiness in returning home from school. It is feared there will be an outbreak of the Sioux Indians at Fort Yates, S. D., if the government order providing for the removal of the Indian graves in the military cemetery there be carried out. The Union National bank of Summerville, Pa., was closed by the bank examiner. William Randolph Hearst was served with papers notifying him that suit for $600,000 had been brought by Gov. against Charles him for N. Haskell slander of and Oklahoma libel in the Douglas county (Nebraska) district court. The German balloon Busley came men on were a down board in the North rescued sea. The by two passing steamer. This is the fourth air craft in the international race to fall into the sea. The American battleship fleet arrived at southeastern Japan but bad weather delayed its entry into Yokohama harbor. Forest fires broke out again in northern Michigan, the towns of Metz and La Rocque being burned and others threatened. John Cook, aged 78 years, in jail at Champaign Ill., awaiting trial for the murder of Mrs. Edna McLennan, committed suicide by hanging. Reports of the murder of J. O. Curwood of Detroit by Indians in northern Canada were untrue. The Hindu colony in British Columbia, 2,000 persons, will be moved to British Honduras. About 140 of the students and teachers at are South of the Lancaster, South Lancaster Mass., academy suffering from ptomaine poisoning, believed to have resulted from eating some canned corn. The plants of the Barber Asphalt Company and the Barber Roofing Company at North Venice, Ill., were destroyed by fire. The loss is about $50,000. Frederick S. Baird, a Chicago lawyer, was found guilty by a jury at Omaha of conspiracy to defraud the government of public lands in Nebraska. A memorial tablet to mark the place where the debate between Abraham Lincoln and Stephen A. Douglas occurred on October 15, 1858, was unveiled at Alton, III. Gov. Deneen appointed John R. Mar shall of Chicago commanding the Eighth infantry, Illinois National Guard, as commissioner to the national negro fair at Mobile, Ala., in 1909. Two more of the balloons in the in ternational race for the James Gordon Bennett trophy have descended in the North sea, and one, the German entry Busley, manned by Dr. Niemeyer and Hans Hiedemann, has not yet been heard from. Chicago's National league teamthe Cubs-are still champions of the world. They captured the fifth game of the series from the Detroit Tigers by a score of 2 to 0, thus winning four games, to one for the Detroits. Chancellor Andrews of the Univer-


Article from The Charles Mix New Era, October 23, 1908

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Pennsylvania Bank Fails. A telegram was received by the comptroller of the currency from Bank Examiner John B. Cunningham stating that he had closed the Union National bank, of Summerville, Pa. The bank has a capital of $50,000 and is said to have accumulated a considerable quantity of paper of doubtful value, which necessitated its suspension.


Article from The Ely Miner, October 23, 1908

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11 women and children and four men perishing. The forest fires in North- be ern Michigan were reported to raging with most disastrous results. Hundreds made homeless by Michiforest fires need shelter and food gan and Gov. Warner issued an appeal for help. Relief work was started promptly in Detroit and elsewhere. Capt. Peter C. Hains and his brother, T. Jenkins Hains, were indicted in New York for the murder of William E. Annis. Judge David B. Howell of Newark, N. J., committed suicide by shooting. E. H. Gay & Co., bond dealers of Boston, went into the hands of receivers, the liabiliities being estimated at $8,000,000. Turkish troops massacred Armenians in the village of Viran-Shehr and brutally abused the women and children. The German balloon Plauen, which left Berlin in an endurance contest, was picked up in the North sea by a trawler. Clinging to the balloon were the two aeronauts, Hackstetter and Schreider, in an almost exhausted conOne dition. man was drowned and 75 persons were thrown into a panic when the steamer New York of the Albany Day line was rammed by a tug in the North river. Fire destroyed two big salt warehouses in South Chicago, Ill., the loss being about $150,000. Fire caused $500,000 damage in the yards of the Rock Island (III.) Lumber Company and the Rock Island Sash and Door works. Clara Watland, 15 years old, committed suicide at New Sharon, Ia., because her mother scolded her, it is said, for tardiness in returning home from school. It is feared there will be an outbreak of the Sioux Indians at Fort Yates, S. D., if the government order providing for the removal of the Indian graves in the military cemetery there be carried out. The Union National bank of Summerville, Pa., was closed by the bank examiner. William Randolph Hearst was served with papers notifying him that suit for $600,000 had been brought against him for slander and libel by Gov. Charles N. Haskell of Oklahoma in the Douglas county (Nebraska) district court. The German balloon Busley came down in the North sea. The two men on board were rescued by a passing steamer. This is the fourth air craft in the international race to fall into the sea. The American battleship fleet arrived at southeastern Japan but bad weather delayed its entry into Yokohama harbor. Forest fires broke out again in northern Michigan, the towns of Metz and La Rocque being burned and others threatened. John Cook, aged 78 years, in jail at Champaign, Ill., awaiting trial for the murder of Mrs. Edna McLennan, committed suicide by hanging. Cur- 'O 'I JO the JO Reports wood of Detroit by Indians in northern Canada were untrue. The Hindu colony in British Columbia, 2,000 persons, will be moved to British Honduras. About 140 of the students and teachers of the South Lancaster academy at South Lancaster, Mass., are suffering from ptomaine poisoning, believed to have resulted from eating some canned corn. The plants of the Barber Asphalt Company and the Barber Roofing Company at North Venice, Ill., were destroyed by fire. The loss is about $50,000. Frederick S. Baird, a Chicago lawyer, was found guilty by a jury at Omaha of conspiracy. to defraud the government of public lands in Nebraska. A memorial tablet to mark the place where the debate between Abraham Lincoln and Stephen A. Douglas occurred on October 15, 1858, was unveiled at Alton, Ill. Gov. Deneen appointed John R. Marshall of Chicago commanding the Eighth infantry, Illinois National Guard, as commissioner to the national negro fair at Mobile, Ala., in 606T Two more of the balloons in the international race for the James Gordon Bennett trophy have descended in the North sea, and one, the German entry Busley, manned by Dr. Niemeyer and Hans Hiedemann, has not yet been, heard from. Chicago's National league teamthe Cubs-are still champions of the world. They captured the fifth game of the series from the Detroit Tigers inoj Minuing snq7 '0 07 Z JO score e sq games, to one for the Detroits. Chancellor Andrews of the Univer-


Article from The Yale Expositor, October 23, 1908

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Stums, a TOW TITICS BOUCH and the the cars were burned, and children and of 11 Metz, women four North- men perishing. The forest fires in ern Michigan were reported to be raging with most disastrous results. Hundreds made homeless by Michifires need shelter Gov. Warner issued an gan and forest appeal and food for help. Relief work was started promptly in Detroit and elsewhere. Capt. Peter C. Hains and his T. Jenkins Hains, were New York for the dicted brother, in murder inof William E. Annis. Judge David B. Howell of Newark, N. J., committed suicide by shooting. E. H. Gay & Co., bond dealers of Boston, went into the hands of receivers, the liabilities being estimated at $8,000,000. Turkish troops massacred Armenians in the village of Viran-Shehr and brutally abused the women and children. balloon Plauen, which in an endurance left The Berlin German contest, by was picked up in the North sea a to the were aeronauts, the trawler. two Clinging Hackstetter balloon and Schreider, in an almost exhausted condition. One man was drowned and 75 persons were thrown into a panic when the steamer New York of the Albany Day line was rammed by a tug in the North river. Fire destroyed two big salt wareloss houses in South Chicago, III., the being about $150,000. Fire caused $500,000 damage in the yards of the Rock Island (111.) Lumber Company and the Rock Island Sash and Door works. Clara Watland, 15 years old, committed suicide at New Sharon, Ia., her mother scolded her, it is for tardiness in said, because returning home from school. It is feared there will be an outbreak of the Sicux Indians at Fort Yates, S. D., if the government order Inproviding for the removal of the dian graves in the military cemetery there be carried out. The Union National bank of Summerville, Pa., was closed by the bank examiner. William Randolph Hearst was served with papers notifying him that suit for $600,000 had been brought against him for slander and libel by N. Haskell of Oklahoma county Gov. in the Charles Douglas (Nebraska) district court. The German balloon Busley came down in the North sea. The two men were rescued by a This is the fourth on steamer. board air fall passing craft into in the international race to the sea. The American battleship fleet arrived at southeastern Japan but bad weather delayed its entry into Yokohama harbor. Forest fires broke out again in northern Michigan, the towns of Metz and La Rocque being burned and others threatened. John Cook, aged 78 years, in jail-at Champaign, III., awaiting trial for the murder of Mrs. Edna McLennan, committed suicide by hanging. Reports of the murder of J. O. Cur wood of Detroit by Indians in northern Canada were untrue. The Hindu colony in Eritish Colum- to bia, 2,000 persons, will be moved British Honduras. About 140 of the students and teachers of the South Lancaster academy at South Lancaster, Mass., are suffering to from ptomaine poisoning, believed have resulted from eating some canned corn. The plants of the Barber Asphalt Company and the Barber Roofing Com- deat North Venice, Ill., were pany stroyed by fire. The loss is about $50,000. Frederick S. Baird, a Chicago law- at was found guilty by a jury the yer, Omaha of conspiracy to defraud Negovernment of public lands in braska. A memorial tablet to mark the place where the debate between Abraham Lincoln and Stephen A. Douglas occurred on October 15, 1858, was unveiled at Alton, III. Gov. Deneen appointed John R. Mar- the shall of Chicago commanding Eighth infantry, Illinois National Guard, as commissioner to the na- in tional negro fair at Mobile, Ala., 1909. Two more of the balloons in the international race for the James Gordon Bennett trophy have descended in the North sea, and one, the German entry Busley, manned by Dr. Niemeyer been and Hans Hiedemann, has not yet heard from. Chicago's National league teamCubs-are still champions of the the world. They captured the fifth game of the series from the Detroit Tigers four by a score of 2 to 0, thus winning games, to one for the Detroits. I Andrews of the Univerof Nebraska forbade fights sity Chancellor class pain and other students' pranks on of


Article from Willmar Tribune, October 28, 1908

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GENERAL NEWS. Col. R. Z. Taylor and Capt. Quenten Rankin of Trenton, Tenn., attorneys who were recently employed in cases against night riders, have fallen victims to a band of lawless men at Reelfoot lake. Rankin was hanged and shot to death. Taylor is missing. Gov. Patterson has offered $10,000 reward and has abandoned the political campaign. Two companies of militia went to the scene of the crime. The timely intervention of a physician who was not satisfied with the appearance of the body prevented the burial alive of Mrs. Thomas Chapman, wife of one of the best-known citizens of Ellis, Kan. A grandstand at Savannah, Mo., was blown down by a tornado and 23 highschool boys were injured, one of them fatally. Congress will be asked to make an appropriation of $35,000,000 for carrying on the work on the isthmian canal during 1910. By the terms of the will of Gregory Koering, filed in probate court at St. Paul, Minn., $19,000 is left in trust to pay for masses to be held in the Catholic church. The steamer New York of the Albany line was burned at her pier in New York and four colored waiters were believed to have perished. A bank at Hurst, Ill., was robbed of $1,500 by safe-blowers. Sidney C. Tapp of Atlanta, Ga., nominated for president of the United States at a convention of the Liberal party held at Chattanooga, Tenn., was notified at Chicago. The German balloon Hergesell was picked up in the North sea but the two occupants had perished. Clara Watland, 15 years old, committed suicide at New Sharon, Ia., because her mother scolded her, it is said, for tardiness in returning home from school. Turkish troops massacred Armenians in the village, of Viran-Shehr and brutally abused the women and children. Fire caused $500,000 damage in the yards of the Rock Island (III.) Lumber Company and the Rock Island Sash and Door works. One man was drowned and 75 persons were thrown into a panic when the steamer New York of the Albany Day line was rammed by a tug in the North river. Fire destroyed two big salt ware. houses in South Chicago, Ill., the loss being about $150,000. The Union National bank of Summerville, Pa., was closed by the bank examiner. The plants of the Barber Asphalt Company and the Barber Roofing Company at North Venice, III., were destroyed by fire. The loss is about $50,000.


Article from The Spanish Fork Press, January 7, 1909

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Texas saving bank, placed in receiver's hands. 18-John R. Walsh, president Chicago National bank and several railroads, convicted of misappropriating institution's funds. 21-Capital State Bank, Boise, Idaho, suspended. 22-Traders and Mechanics' Bank, Pittsburg. Pa., closed doors. 25-National Bank of North America, New York, closed for liquidation, by order of government. 29-New Amsterdam National bank, capital $1,000,000, and Mechanics and Traders' bank, both of New York, taken in charge by comptroller of currency. 31-Oriental Bank of New York closed doors, following run. Feb. 13-W. B. Ridgely, comptroller of currency, accepted presidency of reorganized National Bank of Commerce, Kansas City, Mo. 26-International and Great Northern Railroad Co., a Gould line, placed in receivers' hands. 27-Financiers E. R. Thomas and O. F. Thomas indicted on charge of mismanagement of funds of Provident Savings Life Assurance society. Mar. 13-John R. Walsh denied new trial; sentenced to five years in federal prison. 16-People's National bank, Aspin, Col., closed. Apr. 1-Pike County Bank and Trust Co., Macomb City, Miss., placed in receiver's hands. 21-Bank of Wauseon, Wauseon, O., closed doors. 24-T. A. McIntyre & Co., with houses in many cities, failed for $1,000,000. May 8-Euclid Avenue Trust Co., Cleveland, O., assigned. e 14-Reserve Trust Co., and American Savings bank, Cleveland, O., closed their doors. 1 28-G. W. MacMillen & Co., Pittsburg, Pa., stockbrokers, failed; liabilities, $1,800,000. Jun. 3-Kosciusko Company bank, Warsaw, Ind., closed by state auditor. 23-Citizens' bank, Dover, Ky., closed doors. r Jul. 14-National Deposit bank, Philadeln phia, Pa., closed by comptroller of currency. 17-Farmers and Merchants' Banking Co., Cleveland, O., failed. 22-Standard on $29,240,000 fine decision unanimously reversed by United States court of appeals at Chicago. Aug. 6-First National bank, Belle Plaine, ). Minn., closed by order comptroller of currency; bank was insolvent: President J. G. Lund committed suicide. 25-A. O. Brown & Co., one of largest it New York brokerage firms, failed; liabilities over $1,000,000. Sep. 10-A. Booth & Co., largest fish house in country, forced into receiver's hands. di Oct. 16-Union National bank, Sommer11 ville, Pa., closed by government. 1Nov. 5-Charles W. Morse and Alfred H. Curtis, great financiers, found guilty of misapplication of funds and falsifyd ing books of National Bank of America, New York. s' 6-C. W. Morse sentenced to 15 years Curtis given liberty on suspended sentence. in 23-Eldred bank of Eldred. Pa., suspended: capital stock, $100,000. ed Dec. 7-National exchange bank a Springfield, Mo., closed: excitement y caused by effort of W. O. Oldham cashier of State Savings bank, to shoo te President H. B. McDaniel, of Union Na tional bank. ed 11-Springport, Mich., State Savings bank n. closed by bank examiner. c16-Somersworth. N. H., First Nationa bank closed. following discovery o eshortage of $85,000. as 23-Thomas F. Ryan announced retire ment from finance. e26-Henry W. Poor, New York broker, as th signed for creditors.


Article from Gilpin Observer, January 7, 1909

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FINANCIAL $ $ Jan. 2-State Bank, Rockyford, Col., closed doors. Ka 6-Four big New York diamond firms forced into trustee's hands: liabilities, $4,500,000. 8-Chicago Great Western railroad JOHN placed in hands of D. receivers. ROCKEFELLER 16-Western Bank and Trust Co., Dallas, Tex. largest Texas saving bank, placed in receiver's hands. 18-John R. Walsh, president Chicago National bank and several railroads, convicted of misappropriating institution's funds. 21-Capital State Bank, Boise, Idaho, suspended. 22-Traders and Mechanics' Bank, Pittsburg. Pa.. closed doors. 25-National Bank of North America, New York, closed for liquidation, by order of government. 29-New Amsterdam National bank, capital $1,000,000, and Mechanics and Traders' bank, both of New York, taken in charge by comptroller of currency. 31-Oriental Bank of New York closed doors, following run. Feb. 13-W. B. Ridgely, comptroller of currency, accepted presidency of reorganized National Bank of Commerce, Kansas City, Mo. 26-International and Great Northern Railroad Co., a Gould line, placed in receivers' hands. 27-Financiers E. R. Thomas and O. F. Thomas indicted on charge of mismanagement of funds of Provident Savings Life Assurance society. Mar. 13-John R. Walsh denied new trial; sentenced to five years in federal prison. -People's National bank. Aspin. Col., closed. Apr. 1-Pike County Bank and Trust Co., Macomb City, Miss., placed in receiver's hands. 21-Bank of Wauseon. Wauseon, O., closed doors. 24-T. A. McIntyre & Co., with houses in many cities, failed for $1,000,000. May 8-Euclid Avenue Trust Co., Cleveland, O., assigned. 14-Reserve Trust Co., and American Savings bank, Cleveland, O., closed their doors. 28-G. W. MacMillen & Co., Pittsburg, Pa.. stockbrokers. failed; liabilities, $1,800,000. Jun. 3-Kosclusko Company bank, Warsaw, Ind., closed by state auditor. 23-Citizens' bank, Dover, Ky., closed doors. Jul. 14-National Deposit bank. Philadelphia, Pa., closed by comptroller of currency. 17-Farmers and Merchants' Banking Co., Cleveland, O., failed. 22-Standard on $29,240,000 fine declsion unanimously reversed by United States court of appeals at Chicago. Aug. 6-First National bank, Belle Plaine, Minn., closed by order comptroller of currency; bank was insolvent: President J. G. Lund committed suicide. 25-A. a Brown & Co., one of largest New York brokerage firms, failed; liabilities over $1,000,000. Sep. 10-A. Booth & Co., largest fish house in country, forced into receiver's hands. Oct. 16-Union National bank, Sommerville, Pa., closed by government. Nov. -Charles W. Morse and Alfred H. Curtis, great financiers, found guilty of misapplication of funds and falsifying books of National Bank of America, New York. 6-C. W. Morse sentenced to 15 years; Curtis given liberty on suspended sentence. 23-Eldred bank of Eldred, Pa., suspended: capital stock, $100,000. Dec. 7-National exchange bank at Springfield, Mo., closed: excitement caused by effort of W. O. Oldham, cashier of State Savings bank, to shoot President H. B. McDaniel, of Union National bank. 11-Springport, Mich., State Savings bank closed by bank examiner. 16-Somersworth, N. H., First National bank closed. following discovery of shortage of $85,000. 23-Thomas F. Ryan announced retirement from finance. 26-Henry W. Poor, New York broker, assigned for creditors.


Article from The Montgomery Tribune, January 8, 1909

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FINANCIAL Jan. 2-State Bank, Rockyford, Col., closed doors. 6-Four big New York diamond firms forced into trustee's hands; liabilities, $4,500,000. -Chicago Great Western railroad JOHN placed in hands of receivers. 16-Western Bank and Trust Co., Dallas, Tex., largest Texas saving bank, placed in receiver's hands. 18-John R. Walsh, president Chicago National bank and several railroads, convicted of misappropriating institution's funds. 21-Capital State Bank, Boise, Idaho, suspended. 22-Traders and Mechanics' Bank, Pittsburg, Pa., closed doors. 25-National Bank of North America, New York, closed for liquidation, by order of government. 29-New Amsterdam National bank, capital $1,000,000, and Mechanics and Traders' bank, both of New York, taken in charge by comptroller of currency. 31-Oriental Bank of New York closed doors, following run. Feb. 13-W. B. Ridgely, comptroller of currency, accepted presidency of reorganized National Bank of Commerce, Kansas City, Mo. 26-International and Great Northern Railroad Co., a Gould line, placed in receivers' hands. 27-Financiers E. R. Thomas and O. F. Thomas indicted on charge of mismanagement of funds of Provident Savings Life Assurance society. Mar. 13-John R. Walsh denied new trial; sentenced to five years in federal prison. 16-People's National bank, Aspin, Col., closed. Apr. 1-Pike County Bank and Trust Co., Macomb City, Miss., placed in receiver's hands. 21-Bank of Wauseon, Wauseon, O., closed doors. 24-T. A. McIntyre & Co., with houses in many cities, failed for $1,000,000. May 8-Euclid Avenue Trust Co., Cleveland, O., assigned. 14-Reserve Trust Co., and American Savings bank, Cleveland, O., closed their doors. 28-G. W. MacMillen & Co., Pittsburg, Pa., stockbrokers, failed; liabilities, $1,800,000. Jun. 3-Kosclusko Company bank, Warsaw, Ind., closed by state auditor. 23-Citizens' bank, Dover, Ky., closed doors. Jul. 14-National Deposit bank, Philadelphia, Pa., closed by comptroller of currency. 17-Farmers and Merchants' Banking Co., Cleveland, O., failed. 22-Standard on $29,240,000 fine decision unanimously reversed by United States court of appeals at ChiAug. cago. 6-First National bank, Belle Plaine, Minn., closed by order comptroller of currency; bank was insolvent: President J. G. Lund committed suicide. 25-A. O. Brown & Co., one of largest New York brokerage firms, failed; liabilities over $1,000,000. Sep. 10-A. Booth & Co., largest fish house in country, forced into receiver's hands. Oct. 16-Union National bank, Sommerville, Pa., closed by government. Nov. 5-Charles W. Morse and Alfred H. Curtis, great financiers, found guilty of misapplication of funds and falsifying books of National Bank of America, New York. 6-C. W. Morse sentenced to 15 years; Curtis given liberty on suspended sentence. 23-Eldred bank of Eldred, Pa., suspended; capital stock, $100,000. Dec. 7-National exchange bank at Springfield, Mo., closed; excitement caused by effort of W. O. Oldham, cashier of State Savings bank, to shoot President H. B. McDaniel, of Union National bank. 11-Springport, Mich., State Savings bank closed by bank examiner. 16-Somersworth, N. H., First National bank closed, following discovery of shortage of $85,000. 23-Thomas F. Ryan announced retirement from finance. 26-Henry W. Poor, New York broker, assigned for creditors.


Article from The Julesburg Grit-Advocate, January 8, 1909

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TEXT TOTAL Texas saving bank, placed in receiver's hands. 18-John R. Walsh, president Chicago National bank and several railroads, convicted of misappropriating institution's funds. 21-Capital State Bank, Boise, Idaho, suspended. 22-Traders and Mechanics' Bank, Pittsburg. Pa., closed doors. 25-National Bank of North America. New York, closed for liquidation, by order of government. 29-New Amsterdam National bank. capital $1,000,000, and Mechanics and Traders' bank, both of New York, taken in charge by comptroller of currency. 31-Oriental Bank of New York closed doors. following run. Feb. 13-W. B. Ridgely. comptroller of currency. accepted presidency of reorganized National Bank of Commerce, Kansas City. Mo. 26-International and Great Northern Railroad Co., a Gould line, placed in receivers' hands. 27-Financiers E. R. Thomas and O. F. Thomas indicted on charge of mismanagement of funds of Provident Savings Life Assurance society. Mar. 13-John R. Walsh denied new trial; sentenced to five years in federal prison. 16-People's National bank, Aspin, Col., closed. Apr. 1-Pike County Bank and Trust Co., Macomb City, Miss., placed in receiver's hands. 21-Bank of Wauseon, Wauseon, O., closed doors. 24-T. A. McIntyre & Co., with houses in many cities, failed for $1,000,000. May 8-Euclid Avenue Trust Co., Cleveland, O., assigned. 14-Reserve Trust Co., and American Savings bank, Cleveland, O., closed their doors. 28-G. W. MacMillen & Co., Pittsburg, Pa., stockbrokers, failed; liabilities, $1,800,000. Jun. 3-Kosctusko Company bank, Warsaw. Ind., closed by state auditor. 23-Citizens' bank, Dover, Ky., closed doors. Jul. 14-National Deposit bank. Philadelphia, Pa., closed by comptroller of currency. 17-Farmers and Merchants' Banking Co., Cleveland, O., failed. 23-Standard on $29,240,000 fine deelalon unanimously reversed by United States court of appeals at Chieago. Aug. 6-First National bank, Belle Plaine, Minn., closed by order comptroller of currency: bank was insolvent: President J. G. Lund committed suicide. 25-A. O. Brown & Co., one of largest New York brokerage firms, failed; liabilities over $1,000,000. Sep. 10-A. Booth & Co., largest fish house in country, forced into receiver's hands. Oct. 16-Union National bank, Sommerville, Pa., closed by government. Nov. 5-Charles W. Morse and Alfred H. Curtis, great financiers, found guilty of misapplication of funds and falsifying books of National Bank of AmerIca, New York. -C. W. Morse sentenced to 15 years: Curtis given liberty on suspended sentence. 23-Eldred bank of Eldred. Pa., suspended; capital stock, $100,000. Dec. 7-National exchange bank at Springfield, Mo., closed; excitement caused by effort of W. O. Oldham. cashier of State Savings bank. to shoot President H. B. McDaniel, of Union National bank. 11-Springport. Mich. State Savings bank closed by bank examiner. 16-Somersworth, N. H., First National bank closed. following discovery of shortage of $85,000. 23-Thomas F. Ryan announced retirement from finance. 26-Henry W. Poor. New York broker, assigned for creditors.


Article from The State Herald, January 8, 1909

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-John R. Walsh, president Chicago National bank and several railroads, convicted of misappropriating institution's funds. 21-Capital State Bank, Boise, Idaho, suspended. -Traders and Mechanics' Bank, Pittsburg. Pa., closed doors. 25-National Bank of North America, New York, closed for liquidation, by order of government. 29-New Amsterdam National bank, capital $1,000,000. and Mechanics and Traders' bank, both of New York, taken in charge by comptroller of currency. 31-Oriental Bank of New York closed doors. following run. Feb. 13-W. B. Ridgely, comptroller of currency. accepted presidency of reorganized National Bank of Commerce, Kansas City, Mo. 26-International and Great Northern Railroad Co., a Gould line, placed in receivers' hands 27-Financiers E. R. Thomas and O. F. Thomas indicted on charge of mismanagement of funds of Provident Savings Life Assurance society. Mar. 13-John R. Walsh denied new trial; sentenced to five years in federal prison. 16-People's National bank, Aspin, Col., closed. Apr. 1-Pike County Bank and Trust Co. Macomb City, Miss. placed in receiver's hands. 21-Bank of Wauseon, Wauseon, O., closed doors. 24-T. A. McIntyre & Co., with houses in many cities, failed for $1,000,000. May 8-Euclid Avenue Trust Co., Cleveland, O., assigned. 14-Reserve Trust Co., and American Savings bank, Cleveland, O., closed their doors. 28-G. W. MacMillen & Co., Pittsburg, Pa., stockbrokers, falled: liabilities. $1,800,000. Jun. 3-Kosclusko Company bank, Warsaw. Ind., closed by state auditor. 23-Citizens' bank. Dover, Ky., closed doors. Jul. 14-National Deposit bank. Philadelphia, Pa., closed by comptroller of currency. 7-Farmers and Merchants' Banking Co., Cleveland, O., failed. 22-Standard OIL $29,240,000 fine deelsion unanimously reversed by United States court of appeals at Chieago. Aug. 6-First National bank. Belle Plaine, Minn., closed by order comptroller of currency: bank was insolvent: President J. G. Lund committed suicide. 25-A. O. Brown & Co., one of largest New York brokerage firms. failed: lia© bilities over $1,000,000. Sep. 10-A. Booth & Co., largest fish house in country, forced Into receiver's hands. Oct. 16-Union National bank, Sommerville, Pa., closed by government. Nov. -Charles W. Morse and Alfred H. Curtis, great financiers, found guilty of misapplication of funds and falsifying books of National Bank of Amerlea. New York 6-C. W. Morse sentenced to 15 years: Curtis given liberty on suspended sentence. 23-Eldred bank of Eldred, Pa.. suspended: capital stock, $100,000. Dec. 7-National exchange bank at Springfield, Mo., closed: excitement caused by effort of W. O. Oldham, cashier of State Savings bank. to shoot President H. B. McDaniel, of Union National bank. 11-Springport, Mich. State Savings bank closed by bank examiner. 16-Somersworth N. H., First National bank closed following discovery of shortage of $85,000. 23-Thomas F Ryan announced retirement from finance 26-Henry W. Poor. New York broker. assigned for creditors


Article from Perrysburg Journal, January 8, 1909

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Texas saving bank, placed in receiver's hands. 18-John R. Walsh, president Chicago National bank and several railroads, convicted of misappropriating institution's funds. 21-Capital State Bank, Boise, Idaho, suspended. 22-Traders and Mechanics' Bank, Pittsburg, Pa., closed doors. 25-N: ional Bank of North America, New Yor: closed for liquidation, by order of government. 29-New Amsterdam National bank, capital $1,000,000. and Mechanics and Traders' bank, both of New York, taken in charge by comptroller of currency. 31-Oriental Bank of New York closed doors, following run. Feb. 13-W. B. Ridgely, comptroller of currency, accepted presidency of reorganized National Bank of Commerce, Kansas City, Mo. 26-International and Great Northern Railroad Co., a Gould line, placed in receivers' hands. 27-Financiers E. R. Thomas and O. F. Thomas indicted on charge of mismanagement of funds of Provident Savings Life Assurance society. Mar. 13-John R. Walsh denied new trial; sentenced to five years in federal prison. 16-People's National bank, Aspin, Col., closed. Apr: 1-Pike County Bank and Trust Co., Macomb City, Miss., placed in receiver's hands. 21-Bank of Wauseon, Wauseon, O., closed doors. 24-T. A. McIntyre & Co., with houses in many cities, failed for $1,000,000. May 8-Euclid Avenue Trust Co., Cleveland, O., assigned. 14-Reserve Trust Co., and American Savings bank, Cleveland, O., closed their doors. 28-G. W. MacMillen & Co., Pittsburg, Pa., stockbrokers, failed; liabilities, $1,800,000. Jun. 3-Kosciusko Company bank, Warsaw, Ind., closed by state auditor. 23-Citizens' bank, Dover, Ky., closed doors. Jul. 14-National Deposit bank, Philadelphia, Pa., closed by comptroller of currency. 17-Farmers and Merchants' Banking Co., Cleveland, O., failed. 22-Standard Oil $29,240,000 flue decision unanimously reversed by United States court of appeals at Chicago. Aug. 6-First National bank, Belle Plaine, Minn., closed by order comptroller of currency: bank was insolvent: President J. G. Lund committed suicide. 25-A. O. Brown & Co., one of largest New York brokerage firms, failed; liabilities over $1,000,000. Sep. 10-A. Booth & Co., largest fish house in country, forced into receiver's hands. Oct. 16-Union National bank, Sommerville, Pa., closed by government. Nov. 5-Charles W. Morse and Alfred H. Curtis, great financiers, found guilty of misapplication of funds and falsifying books of National Bank of America, New York. 6-C. W. Morse sentenced to 15 years; Curtis given liberty on suspended sentence. 23-Eldred bank of Eldred, Pa., suspended; capital stock, $100,000. Dec. 7-National exchange bank at Springfield, Mo., closed; excitement caused by effort of W. O. Oldham, cashier of State Savings bank, to shoot President H. B. McDaniel, of Union National bank. 11-Springport, Mich., State Savings bank closed by bank examiner. 16-Somersworth, N. H., First National bank closed, following discovery of shortage of $85,000. 23-Thomas F. Ryan announced retirement from finance. 26-Henry W. Poor, New York broker, assigned for creditors.


Article from The Chanute Times, January 8, 1909

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FINANCIAL Jan. 2-State Bank, Rockyford, Col., closed doors. 6-Four big New York diamond firms forced into trustee's hands; liabilities, $4,500,000. 8-Chicago Great Western railroad JOHN placed in hands of receivers. ROCKEFELLER 16-Western Bank and Trust Co., Dallas, Tex., largest Texas saving bank, placed in receiver's hands. 18-John R. Walsh, president Chicago National bank and several railroads, convicted of misappropriating institution's funds. 21-Capital State Bank, Boise, Idaho, suspended. 22-Traders and Mechanics' Bank, Pittsburg, Pa., closed doors. 25-National Bank of North America, New York, closed for liquidation, by order of government. 29-New Amsterdam National bank, capital $1,000,000, and Mechanics and Traders' bank, both of New York, taken in charge by comptroller of currency. 31-Oriental Bank of New York closed doors, following run. Feb. 13-W. B. Ridgely, comptroller of currency, accepted presidency of reorganized National Bank of Commerce, Kansas City, Mo. 26-International and Great Northern Railroad Co., a Gould line, placed in receivers' hands. 27-Financiers E. R. Thomas and O. F. Thomas indicted on charge of mismanagement of funds of Provident Savings Life Assurance society. Mar. 13-John R. Walsh denied new trial; sentenced to five years in federal prison. 16-People's National bank, Aspin, Col., closed. Apr. 1-Pike County Bank and Trust Co., Macomb City, Miss., placed in receiver's hands. 21-Bank of Wauseon, Wauseon, O., closed doors. 24-T. A. McIntyre & Co., with houses in many cities, failed for $1,000,000. May 8-Euclid Avenue Trust Co., Cleveland, O., assigned. 14-Reserve Trust Co., and American Savings bank, Cleveland, O., closed their doors. 28-G. W. MacMillen & Co., Pittsburg, Pa., stockbrokers, failed; liabilities, Jun. $1,800,000. 3-Kosciusko Company bank, Warsaw, Ind., closed by state auditor. 23-Citizens' bank, Dover, Ky., closed Jul. doors. -National Deposit bank, Philadelphia, Pa., closed by comptroller of cur17-Farmers rency. and Merchants' Banking Co., Cleveland, O., failed. 22-Standard Oil $29,240,000 fine dectsion unanimously reversed by United States court of appeals at ChiAug. engo. 6-First National bank, Belle Plaine, Minn., closed by order comptroller of currency; bank was insolvent; President J. G. Lund committed suicide. 25-A. O. Brown & Co., one of largest New York brokerage firms, failed; liabilities over $1,000,000. Sep. 10-A. Booth & Co., largest fish house in country, forced into receiver's Oct. hands. 16-Union National bank, Sommerville, Pa., closed by government. Nov. 5-Charles W. Morse and Alfred H. Curtis, great financiers, found guilty of misapplication of funds and falsifying books of National Bank of America, New York. 6-C. W. Morse sentenced to 15 years; Curtis given liberty on suspended sen23-Eldred tence. bank of Eldred, Pa., suspended; capital stock, $100,000. Dec. 7-National exchange bank at Springfield, Mo., closed; excitement caused by effort of W. O. Oldham, cashier of State Savings bank, to shoot President H. B. McDaniel, of Union National bank. 11-Springport, Mich., State Savings bank closed by bank examiner. 16-Somersworth, N. H., First National bank closed, following discovery of shortage of $85,000. 23-Thomas F. Ryan announced retirement from finance. 26-Henry W. Poor, New York broker, assigned for creditors.


Article from Little Falls Herald, January 8, 1909

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FINANCIAL Jan. 2-State Bank, Rockyford, Col., closed doors. -Four big New York diamond firms forced into trustee's hands; liabilities, $4,500,000. 8-Chicago Great Western railroad JOHN placed in hands of receivers. 16-Western Bank ROCKEPELLE and Trust Co., Dallas, Tex., largest Texas saving bank, placed in receiver's hands. 18-John R. Walsh, president Chicago National bank and several railroads, convicted of misappropriating institution's funds. 21-Capital State Bank, Boise, Idaho, suspended. 22-Traders and Mechanics' Bank, Pittsburg, Pa., closed doors. National Bank of North America, New York, closed for liquidation, by order of government. 29-New Amsterdam National bank, capital $1,000,000, and Mechanics and Traders' bank, both of New York, taken in charge by comptroller of currency. 81-Oriental Bank of New. York closed doors, following run. Feb. 13-W. B. Ridgely, comptroller of currency, accepted presidency of reorganized National Bank of Commerce, Kansas City, Mo. 26-International and Great Northern Railroad Co., a Gould line, placed in receivers' hands. 27-Financiers E. R. Thomas and O. F. Thomas indicted on charge of mismanagement of funds of Provident Savings Life Assurance society. Mar. 13-John R. Walsh denied new trial; sentenced to five years in federal prison. 16-People's National bank, Aspin, Col., closed. Apr. 1-Pike County Bank and Trust Co., Maoomb City, Miss., placed in receiver's hands. 21-Bank of Wauseon, Wauseon, O., closed doors. 24-T. A. McIntyre & Co., with houses in many cities, failed for $1,000,000. May 8-Euclid Avenue Trust Co., Cleveland, O., assigned. 14-Reserve Trust Co., and American Savings bank, Cleveland, O., closed their doors. 20-G. W. MacMillen & Co., Pittsburg. Pa., stockbrokers, failed; liabilities, $1,800,000. Jun. 3-Kosciusko Company bank, War saw, Ind., closed by state auditor. 23-Citizens' bank, Dover, Ky., closed doors. Jul. 14-National Deposit bank, Philadelphia, Pa., closed by comptroller of currency. 17-Farmers and Merchants' Banking Co., Cleveland, O., failed. Aug. 6-First National bank, Belle Plaine, Minn., closed by order comptroller of currency; bank was insolvent; President J. G. Lund committed suicide. 25-A. O. Brown & Co., one of largest New York brokerage firms, failed; liabilities over $1,000,000. Sep. 10-A. Booth & Co., largest fish house in country, forced into receiver's hands. Oct. 16-Union National bank, Sommerville, Pa., closed by government. Nov. 5-Charles W. Morse and Alfred H. Curtis, great financiers, found guilty of misapplication of funds and falsifying books of National Bank of America, New York. 6-C. W. Morse sentenced to 15 years; Curtis given liberty on suspended sentence. 23-Eldred bank of Eldred, Pa., suspended; capital stock, $100,000. Dec. 7-National exchange bank at Springfield, Mo., closed; excitement caused by effort of W. O. Oldham, cashier of State Savings bank, to shoot President H. B. McDaniel, of Union National bank. -Springport, Mich., State Savings bank closed by bank examiner.


Article from The Farmington Times, January 8, 1909

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Texas saving bank, placed in receiver's hands. 18-John R. Walsh, president Chicago National bank and several railroads, convicted of misappropriating institution's funds. 21-Capital State Bank, Boise, Idaho, suspended. 22-Traders and Mechanics' Bank, Pittsburg. Pa., closed doors. 25-National Bank of North America, New York, closed for liquidation, by order of government. 29-New Amsterdam National bank, capital $1,000,000, and Mechanics and Traders' bank. both of New York, taken in charge by comptroller of currency. 31-Oriental Bank of New York closed doors. following run. Feb. 13-W. B. Ridgely, comptroller of currency, accepted presidency of reorganized National Bank of Commerce, Kansas City, Mo. 26-International and Great Northern Railroad Co., a Gould line, placed in receivers' hands. 27-Financiers E. R. Thomas and O. F. Thomas indicted on charge of mismanagement of funds of Provident Savings Life Assurance society. Mar. 13-John R. Walsh denied new trial: sentenced to five years in federal prison. 16-People's National bank, Aspin, Col., closed. Apr. 1-Pike County Bank and Trust Co., Macomb City, Miss., placed in receiver's hands. 21-Bank of Wauseon, Wauseon, O., closed doors. 24-T. A. McIntyre & Co., with houses in many cities, falled for $1,000,000. May 8-Euclid Avenue Trust Co., Cleveland. O., assigned. 14-Reserve Trust Co., and American Savings bank, Cleveland, O., closed their doors. 28-G. W. MacMillen & Co., Pittsburg, Pa., stockbrokers, failed: liabilities, $1,800,000. Jun. 3-Kosclusko Company bank, Warsaw, Ind., closed by state auditor. 23-Citizens' bank, Dover, Ky., closed doors. Jul. 14-National Deposit bank, Philadelphia, Pa., closed by comptroller of currency. 17-Farmers and Merchants' Banking Co., Cleveland, O., failed. 22-Standard on $29,240,000 fine declstep unanimously reversed by United States court of appeals at Chiengo. Aug. 6-First National bank, Belle Plaine, Minn., closed by order comptroller of currency: bank was insolvent: President J. G. Lund committed suicide. 25-A. O. Brown & Co., one of largest New York brokerage firms, failed; liabilities over $1,000,000. Sep. 10-A. Booth & Co., largest fish house in country, forced into receiver's hands. Oct. 16-Union National bank, Sommerville, Pa., closed by government. Nov. 5-Charles W. Morse and Alfred H. Curtis, great financiers, found guilty of misapplication of funds and falsifying books of National Bank of America, New York. 6-C. W. Morse sentenced to 15 years: Curtis given liberty on suspended sentence. 23-Eldred bank of Eldred, Pa., suspended: capital stock, $100,000. Dec. 7-National exchange bank at Springfield. Mo., closed; excitement caused by effort of W. O. Oldham, cashier of State Savings bank, to shoot President H. B. McDaniel, of Union National bank. 11-Springport, Mich., State Savings bank closed by bank examiner. 16-Somersworth, N. H., First National bank closed, following discovery of shortage of $85,000. 23-Thomas F. Ryan announced retirement from finance. 26-Henry W. Poor. New York broker, assigned for creditors.


Article from Barbour County Index, January 13, 1909

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Texas saving bank, placed in receiver's hands. 18-John R. Walsh, president Chicago National bank and several railroads, convicted of misappropriating institution's funds. 21-Capital State Bank, Boise, Idaho, suspended. 22-Traders and Mechanics' Bank, Pittsburg, Pa., closed doors. 25-National Bank of North America, New York, closed for liquidation, by order of government. 29-New Amsterdam National bank, capital $1,000,000, and Mechanics and Traders' bank, both of New York, taken in charge by comptroller of currency. 31-Oriental Bank of New York closed doors, following run. Feb. 13-W. B. Ridgely, comptroller of currency, accepted presidency of reorganized National Bank of Commerce, Kansas City, Mo. 26-International and Great Northern Railroad Co., a Gould line, placed in receivers' hands. 27-Financiers E. R. Thomas and O. F. Thomas indicted on charge of mismanagement of funds of Provident Savings Life Assurance society. Mar. 13-John R. Walsh denied new tr:al; sentenced to five years in federal prison. 16-People's National bank, Aspin, Col., closed. Apr. 1-Pike County Bank and Trust Co., Macomb City, Miss., placed in receiver's hands. 21-Bank of Wauseon, Wauseon, O., closed doors. 24-T. A. McIntyre & Co., with houses in many cities, failed for $1,000,000. May 8-Euclid Avenue Trust Co., Cleveland, O., assigned. 14-Reserve Trust Co., and American Savings bank, Cleveland, O., closed their doors. 28-G. W. MacMillen & Co., Pittsburg, Pa., stockbrokers, failed; liabilities, $1,800,000. Jun. 3-Kosciusko Company bank, Warsaw, Ind., closed by state auditor. 23-Citizens' bank, Dover, Ky., closed doors. Jul. 14-National Deposit bank, Philadelphia, Pa., closed by comptroller of currency. 17-Farmers and Merchants' Banking Co., Cleveland, O., failed. 22-Standard on $29,240,000 fine decision unanimously reversed by United States court of appeals at Chicago. Aug. 6-First National bank, Belle Plaine, Minn., closed by order comptroller of currency; bank was insolvent: President J. G. Lund committed suicide. 25-A. O. Brown & Co., one of largest New York brokerage firms, failed; liabilities over $1,000,000. Sep. 10-A. Booth & Co., largest fish house in country, forced into receiver's hands. Oct. 16-Union National bank, Sommerville, Pa., closed by government. Nov. 5-Charles W. Morse and Alfred H. Curtis, great financiers, found guilty of misapplication of funds and falsifying books of National Bank of America, New York. 6-C. W. Morse sentenced to 15 years; Curtis given liberty on suspended sentence. 23-Eldred bank of Eldred, Pa., suspended; capital stock, $100,000. Dec. 7-National exchange bank at Springfield, Mo., closed: excitement caused by effort of W. O. Oldham, cashier of State Savings bank, to shoot President H. B. McDaniel, of Union National bank. 11-Springport, Mich., State Savings bank closed by bank examiner. 16-Somersworth, N. H., First National bank closed. following discovery of shortage of $85,000. 23-Thomas F. Ryan announced retirement from finance. 26-Henry W. Poor, New York broker, assigned for creditors.


Article from Evening Star, January 28, 1909

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Government Securities. Bid. Asked. 1021 2 per cents. registered. 1930 103 1021 2 per cents. coupons. 1930 100% 3 per cents, registered. 1908-18.. 101½ 100% 3 per cents, coupons. 1908-18 1011/2 3 per cents, coupons, small. 1908-18 100 1191 4 per cents, registered. 1925 120½ 1201 4 per cents, coupons. 1925 2 per cents. reg.. Pan. Can., 1936. 101½ 102½ District of Columbia 3.65s. 1924.. 109 4 per cents, Philippine, 1914-34. 100 Bank Resumes Business. The Union National Bank of Summerville. Pa.. which went into the hands of a receiver October 16. 1908. having restored its capital stock and having complied with all the other conditions imposed by the controller of the currency, has been authorized to resume business.