ec1e0fa028d236eaFull suspension, Books examined
Click image to open full size in new tab
Bank at Waupaca Closes. Waupaca, Wis., Aug. 2.-The Waupaca County National bank closed its doors this morning. The trouble was caused by a run on the institution. The general belief is that depositors will be paid in full. The president stated today that they had $40,000 in gilt-edged paper more than they were owing July 12.
Click image to open full size in new tab
Bank at Waupaca Closes. WAUPACA, Wis., Aug 3.-The Waupaca County National bank has closed its doors. The trouble was caased by a run on the institution. The general belief is that depositors will be paid in full.
Click image to open full size in new tab
Banking Tronbles, LEON. Ia.. Aug. 5.-The Decatur County Banking Association. the oldest concern in southern Iowa, including branch banks at Davis City and Garden Grove, suspended this morning. Assets, $471,000; liabilities. $315,000. T.S. Arnold has been named as assignee. It is believed that the embarrassment is only temporary. and that the depositors will be paid in ull. NEW BEDFORD. Aug. 5.-The New Bedford Safe Deposit and Trust Company closed its doors to-day. It was incorporated in 1888 with capital stock of $200,000. No statement has as yet been given out. It is officially said that depositors will be paid dollar for dollar. SPARTA. Wis., Aug. 5.-M. A. Thayer, operating banks at Sparta and Tomah. made an assignment yesterday. Depositors will receive about 60 cents on the dollar. The Waupaca National Bank is expected to resume in a few days. MANKATO. Minn., Aug. 5.-Marston. Larson & Davis, bankers at Lake Crystal. closed their doors this morning. but are solvent. The Mapleton bank also closed to-day. The Mankato Savings Deposit Bank, the only one left in this city. will likely continue business as heretofore. Comptroller Eckels telegraphed the Presidents of the three national banks to day that he considered their action in closing yesterday unwarranted. E. C. Stringer of St. Paul has been put in charge of them.
Click image to open full size in new tab
TROUBLES OF BANKING COMPANIES. Leon, Iowa, Aug. 5 -The Decatur County Banking Association, the oldest concern In Southern Iown, Including brarch banks at Davis City and Garden Grove, suspended this morning. Assets, $471,000; liabilItles, $315,000. T. 8. Arnold has been named as assignee. It 1s believed that the embarrassment is only temporary, and that the depositors will be paid 10 full. Sparta, Wis., Aug. 5.-M. A. Thayer, operating banks at Sparta and Tomah, made an assignment yesterday. Depositors will receive about 60 cents on the dollar. The Waupaca National Bank is expected to resume in a few days. Washington, Aug. 5.-Controller Eckels has appointed John S. Lawrence receiver of the Northern National Bank of Big Rapid. Mich., and Gold S. Curtis receiver of the First National Bank, of Great Falls, Mont.
Click image to open full size in new tab
Financial and Commercial. The Seven Corners bank at St. Louis, Mo., has assigned. Business at all the New York savings banks was going on as usual Thursday. The excitement is all over. Depositors evidently feel assured tnat their money is perfectly safe. At Naima, Idaho, the First National Bank has failed. The El Paso, Texas, National Bank has suspended. The First National Bank of Birmingham. Ala., has closed. The Waupaca County National Bank of Waupaca, Wis., has closed its doors, During the past three months $3,800,000 worth of fine gold has been received by the Bank of California as the product of California's gold mines and smelters. The decrease of the earnings of the Western railroads for July, as compared with the June earnings, is estimated at $500,000.
Click image to open full size in new tab
Financial and Commercial. The Seven Corners bank at St. Louis, Mo., has assigned. Business at all the New York savings banks was going on as usual Thursday. The excitement is all over. Depositors evidently feel assured tnat their money is perfectly safe. At Naima, Idaho, the First National Bank has failed. The El Paso, Texas, National Bank has suspended. The First National Bank of Birmingham. Ala., has closed. The Waupaca County National Bank of Waupaca, Wis., has closed its doors, During the past three months $3,800,000 worth of fine gold has been received by the Bank of California as the product of Cali fornia's gold mines and smelters. The decrease of the earnings of the West ern railroads for July, as compared with the June earnings, is estimated at $500,000.
Click image to open full size in new tab
Colorado and Wisconsin Banks Resume. The American National Bank of Pueblo. Col., and the Waupaca County National Bank of Waupaca. Wis., which suspended payment on July 5 and August 2, respectively, having complied with the conditions imposed upon them by the controller of the currency, and the capital stock being unimpaired, have been authorized to reopen their doors to business The former will resume on Monday, September 4, and the latter on Monday, August 28
Click image to open full size in new tab
posed upon It by the Controller of the Currency, and its capital stock being unimpaired, (was to-day permitted to reopen its doors for business. The American National Bank of Pueblo, Col., and the Waupaca County National Bank of Waupaca, Wis., which suspended payment on July 5 and August 2 respectively, have also been authorized to resume business. The former will resume on Monday, September 4, and the latter on Monday, August 28.
Click image to open full size in new tab
Wisconsin Bank to Keopen. WAUPACA. Wis., Aug 24.-The County National bank of this city, that closed its doors some time ago owing to a run by its depositors, has received instructions from Bank Compt oller Eckels to reopen. This it will do Monday, Aug. 28.
Click image to open full size in new tab
Signs of Better Times. WASHINGTON, Aug. 24-The American National bank of Pueblo, Colo., and the Waupaca County National bank of Wanpaca, Wis, which suspended payment, have been authorized to resume business.
Click image to open full size in new tab
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.
Click image to open full size in new tab
Waupaca Bank Reopened. Waupaca, Wis., Aug. 30. - The County National bank of this city reopened its doors for business after a suspension of less than a month.
Click image to open full size in new tab
BUSINESS ON A BOOM. Suspended Banks Opening Their Doors, and Money Pouring In. Fifty Manufacturing Establishments and: Twenty Banks Have Resumed in the Last Three Weeks. KANSAS CITY. Mo., August 30.-The statement issued today by the national banks of this city shows that since the height of the financial Hurry. which was reached July 19. deposits have increased 82.000.000. SAN FRANCISCO. August 30. The People's Home Savings Bank. which closed its doors June 23. opened for business this morning. The bank has deposits of 82.000.000. DENVER. Col., August 30. The German National Bank opened its doors for business at the regular hour this morning. This is one of the oldest banks in the city and one of the last to suspend during the July panic. Soon as the doors were opened County Treasurer Hart deposited 820,000. and other merchants 825.060. several others nearly as large amounts. while the list of smaller depositors reached to the street. The other two suspended banks expect to resume this week. WAUPACA. Wis.. August 30. - The County National Bank. of this city. reopened its doors for business yesterday after a suspension of less than a month. NEW YORK. August 30. -The World to-day prints a list of twenty banks which have resumed business, also a list of about tifty manufacturing establishments which have resumed operations since August 12. CANON CITY, Col.. August 30.-The First National Bank. which closed its doors about a month ago. was opened again this morning. LE MARS. la.. August 30.--The Ger. man State bank has opened its doors for business. and is now transacting the business of this town. The other three banks will be running before long.
Click image to open full size in new tab
Waupaca Bank Reopened. Waupaca, Wis., Aug. 30. - The County National bank of this city reopened its doors for business after a suspension of less than a month.
Click image to open full size in new tab
WEST AND SOUTH. J. T. KNAPP & Co.'s private bank at Cedar Falls, Ia., closed its doors. MILLERS and elevator men in Minneapolis in order to move the wheat crop have decided to use checks and due bills. THE directory for the current year gives the city of Cleveland a population of 296,021, a gain of 12,274 over the previous year. FLAMES swept away the business portion of Winlock, Wash. THE Masonic hotel at Harvey, Ill., was burned, the loss being $100,000, with no insurance. The hotel was filled with visitors to the world's fair. BANKS that suspended recently have resumed business as follows: Fourth national at Louisville, Ky., American national at Pueblo, Col., County national at Waupaca, Wis., and Mercantile state bank at Denver, Col. THE Nebraska republicans will hold their convention at Lincoln October 5. IN Galesburg, Ill.,- Benjamin Churchill, a veteran of the war of 1812, died at the age of 102 years. THE democrats of Iowa in convention at Des Moines renominated Horace Boies for governor and S. L. Bestow for lieutenant governor, and nominated John Cleggett for supreme judge, J. B. Knoepfler for state superintendent of schools and Thomas Bowman for railroad commissioner. The platform declares for the repeal of both the McKinley and Sherman laws, demands a license-tax law, calls for economy in the expenditure of public money and opposes monopolies. IN Ham Brothers' store at Scottsville, Ky., the safe was blown open by burglars and $10,000 in cash taken. THE death of R. L. Woolen, well known throughout the west as "Uncle Dick," occurred at Trinidad, Col., in his 80th year. He was the greatest pioneer in America and the oldest Indian fighter in the wor)
Click image to open full size in new tab
Waupaca Bank Revpened. WAUPACA, Wis., Aug. 30. - The County National bank of this city reopened its doors for business after a suspension of less than a month.
Click image to open full size in new tab
BANK SOON TO REOPEN. Wanpaca, Wis., Aug. 24.-The Waupaca County National bank of this city, which closed its doors some time ago owing to a run by its depositors, received instructions from Controller Eckels to reopen. This it w.ll do Monday, Aug. 28.