22407. Washington National Bank (Spokane, WA)

View Charter #4277 on SPMC

Bank Information

Episode Type: Run → Suspension → Reopening
Bank Type: national
Bank ID: 4277
Charter Number: 4277
Start Date: June 5, 1893
Location: Spokane, Washington (47.659, -117.426)

Metadata

Model: gpt-5-mini
Short Digest: 7f6a05c9

Response Measures

Public signal of financial health, Full suspension, Books examined

Other: Comptroller/examiner took charge; legal suits later to recover funds from stockholders.

Description

Multiple contemporaneous newspaper dispatches report a heavy run (early June 1893) that prevented incoming funds arriving in time; the Washington National Bank did not open/suspended on June 6 and was placed in charge of a federal examiner. The bank subsequently applied for permission to reorganize and resumed business in early July 1893. Cause interpreted as runs sparked by local banking disturbances and inability to obtain funds in time.

Events (6)

1. April 2, 1890 Chartered

Source: historical_nic

2. June 5, 1893 Run

Cause: Local Banks
Cause Details: Heavy withdrawals (a quiet run/heavy run) on June 5 that spread among Spokane banks; inability to obtain funds in time from money centers.
Measures: Bank arranged for money to be sent (funds failed to arrive in time); later placed in charge of bank examiner; merchants accepted CDs and checks at par.
Newspaper Excerpt: They were subjected to a heavy run the day before, and although they had made arrangements for money, it failed to arrive in time.
Source: newspapers

3. June 6, 1893 Suspension

Cause: Local Banks
Cause Details: Closed due to the heavy run and delay in receipt of money sent to meet demands; bank examiner/comptroller took charge of the institution after closure.
Newspaper Excerpt: The Washington National and Washington Savings Banks ... closed their doors this morning. They were crippled by runs yesterday.
Source: newspapers

4. June 24, 1893 Other

Newspaper Excerpt: Application has been received by the comptroller from all the banks in Spokane requesting him to allow the Washington National bank at Spokane to reorganize. ... The request will be considered when the examiner's report is in.
Source: newspapers

5. July 7, 1893 Reopening

Newspaper Excerpt: The Washington National bank, which suspended several weeks ago, has resumed. It can meet all liabilities. The resumption of the Washington National bank ... The bank remained opened during the usual hours and only paid out $2100. The receipts were $35,000 greater than that amount.
Source: newspapers

6. July 30, 1894 Voluntary Liquidation

Source: historical_nic

Newspaper Articles (25)

1. June 7, 1893 The Record-Union Sacramento, CA

Article from The Record-Union, June 7, 1893

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BANK FAILURES. Three Spokane Institutions Close Their Doors. SPOKANE (Wash.), June 6.--Three banks closed their doors to-day. They have assets largely in excess of the liabilities, and have been conducted with sound management. They were caught in a sudden whirl and flurry. The public suddenly became alarmed, and distance from the money centers prevented timely fortification. When the banking hours arrived this morning the Washington National and Washington Savings Banks, allied institutions, failed to open their doors. They had been subjected to a heavy run the day before, and although they had made arrangements for money, it failed to arrive in time. This startled the public, and a run was started anew upon all banks. By 1 o'clock it had almost entirely subsided, but relief came too late for the Citizens' National, which closed its doors at 2 o'clock. The other banks stood the strain with no visible signs of weakening, and since they have been strengthening themselves, and the worst of the flurry is believed to be over. It is generally believed that there will be no more suspensions.

2. June 7, 1893 The Morning News Savannah, GA

Article from The Morning News, June 7, 1893

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Two Banks Closed at Spokane. Spokane, Wash., June 6.-The Washington National Bank and its adjunct, the Washington Savings Bank, closed their doors this morning. They were crippled by runs yesterday. Both show strong assets, much in excess of the liabilities, but could not £e; money in time for the sudden whirl. Other banks are being subjected to a severe run, but seem to be standing the strain well.

3. June 7, 1893 Asheville Daily Citizen Asheville, NC

Article from Asheville Daily Citizen, June 7, 1893

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EARLY BIRD DEPOSITORS A LONG RUN ON A CHICAGO BANK. The Doors Kept Open Till 2 a m. To Pay Ont Money To Depositors-The Fever Spreads To Other Banks. CHICAGO, ILLS., June 7.-It was uot until after two o'clock yesterday morning that the Illinois trust and saving banks closed its doors after paying the last depositor that remained in line at that hour. This performance, it is said, broke the record, it being the first time in this country, so far as is known that a bank has remained open after midnight in order to meet a run. As early as 7 o'clock, however, another batch of depositors bad made their appearance, and they lounged against the walls or sat on the curbstone awaiting the regular hour for opening. At the Bank of Commerce, farther up the street, as well as at the Dime Savings bank, the Union Trust,aud the Hibernian bank the same scenes were being enacted. By ten o'clock it was apparent that Monday's experiences would be repeated at each institution. At some of them there were double lines of depositors extending for a couple of blocks. Another large crowd (extended out into the middle of the street and those composing it pushed their way inside as best they could. Officers of all the institutions insisted that they were able to weather the storm and with the exception of the Dime Sayings bank, not one has so far found it necessary to enforce even the thirty days' notice rule, while this latter institution is paying from 20 to 80 per cent. in cash, according to the needs of the various applicants and requiring only the usual thirty days' notice for the remainder. At the various national banks it is said that the Illinois Trust, which has savings deposits subject to notice, to a total of $10,500,000 and individual deposits subject to check of $7,500,000 more, is as sound as the Bank of England, and the officers of the institution say that they can pay off every depositor in the savings branch and still haye several millions left for an emergency. Joseph Rathbone & Co., lumber dealers. made a voluntary assignment this morning. Assets scheduled at $500,000; liabilities at $250,000. KALAMAZOO, Mich., June 7.-The Winans-Pratt Carriage company made an assignment yesterday. BEATRICE, Neb., June 7.-The State bank at Cortant, this county, closed vesterday. It was a small bank. DALLAS, Tex., June 7.-The Times Herald, the only afternoon newspaper in the city, was sold at receiver's sales yesterday to Dr. c. M. Rasser for $16,000. The paper was anti-Cleveland and for free silver. It will be continued as a Democratic daily. SPOKANE, Wash., June 7.-The Washington National bank and its adjunct, the Washington Savings bank, closed their doors yesterday. Both have plenty of assets. BEDFORD, IND., June 7.-The Bedford bank suspended yesterday.

4. June 7, 1893 New-York Tribune New York, NY

Article from New-York Tribune, June 7, 1893

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MANY SMALL BANKS GO DOWN. UNDUE EXPANSION THE CAUSE IN ONE CASERUNS RESPONSIBLE IN OTHERS. Toledo, Ohio, June 6.-A dispatch to "The Blade" from Defiance, Ohio, says that the doors of the Deliance Savings Bank closed yesterday afternoon just before 3 o'clock. This was done by the assignee, Rolla H. Gleason. Many of the stockholders did not know that any such step was in contemplation. The bank is the youngest in the town, and has a paid up capital of $27,000. The assets will reach not less than $150,000, and the liabilities are stated at $100,000. The failure is attributed to large loans made by the bank, which ties up some $127,000, leaving them too narrow a working capital. Andrew Sauer, the cashier, assigned his entire real and personal property amounting to $100,000, Frank S. Smith being his assignee. The enterprises In which Mr. Sauer is Interested. all of which are Included in his assignment, are the Deflance Electric Street Railway, electric light plant and gas works, the Citizens' Opera House, valued at $50,000, besides considerable real estate. The Golden Rule Drygoods House, in which he was Interested with a stock valued at 42,000, was turned over to Henry Smith and Henry Foos, two of his heaviest creditors. Manitowor, Wis., June 6.-The State Bank of ManItowoc did not open for business this morning. There has been a continued run on the Institution for the last three weeks, and the officers have made a fight against the failure which by developments yesterday was made inevitable. C. C. Barnes, the president, It is understood, has turned over all his personal property to cover any possible loss by depositors. The bank's capital stock was $50,000 and the surplus $10,000. The Manitowoe Savings Bank is experiencing a light run. Reports from Racine say a run is in progress on the Manufacturers' National Bank. At Madison the run on the First National Bank has increased in vigor, while other banks are having Increased demands. Spokane, Wash., June 6.-The Washington National Bank and Its adjunct, the Washington Savings Bank, closed their doors this morning. They were crippled by the quiet run yesterday. Both show strong assets, much in Increase of the liabilities, but could not get money in time for the sudden demand. The other banks are being subjected to a severe run, but seem to be standing the strain well. Two Rivers, Wis., June 6.-The bank of Two Rivers closed its doors this morning. It was capitalized at $10,000. Its resources according to the last state. ment were $70,523, and amount due depositors, $59,314 32. Philadelphia, June 6.-Cornellus & Rowland, dealers in gas fixtures, at No. 1,512 Chestnut-st. have made an assignment. Liabilities are estimated at $50,000, and assets at $75,000.

5. June 7, 1893 The Seattle Post-Intelligencer Seattle, WA

Article from The Seattle Post-Intelligencer, June 7, 1893

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Bank Flurry at Spokane. SPOKANE, June e.6.-Special.]-The Washington National and Washington Savings banks did not open for business this morning. owing to delay in the receipt of money which had been sent for. At 2 clock o'clock this afternoon the Citizens' National bank suspended business. Of the Citizens' National bank E. B. Hyde is president, B. C. Van Houten vice president and A. A. Newberry cashier, and Congressmian Wilson is a large stockholder. Its deposits are about $200,000 and the aisets twice as much. Of the Washingtop National bank Henry L. Tilton is president, A. M. Carmon vice president, F. E.Goodall cashier and the Washington Savings bank has the same officers. All the banks will pay depositors in full.

6. June 7, 1893 The Evening Herald Shenandoah, PA

Article from The Evening Herald, June 7, 1893

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Two Spokane Banks Closed. SPOKANE, Wash., June 7.-The - Washington National Bank and its adjunct, the Wash'ngton Savings Bank, have closed their doors. They were crippled by the quiet run of Monday. Both SDOW strong assets, much in increase of the liabilities but could not get money in time for the sudden whirl. The other banks are being subjected to a severe run but seem to be standing the strain well.

7. June 8, 1893 Santa Fe Daily New Mexican Santa Fe., Santa Fe, NM

Article from Santa Fe Daily New Mexican, June 8, 1893

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CONDENSED NEWS. Edwin Booth is dead. The Bedford, Ind., bank has suspended. The net gold reserve in the U. S. treasury is $90,000,000. The whisky trust has filed an $8,000,000 mortgage at St. Louis. After a running fight the Bentonville, Ark., bank robbers escaped with their booty, $10,000. St. Louis banks have attached the Wichita packing plant of Francis Whittaker for $125,000. Members of the Western Passenger association are still in a row at Chicago over World's fair rates. Potter & Potter, Boston. publishers of the New England Magazine, the Yankee Blade, the Woman's Home Journal, the American Vehicle and the Amesbury Daily, have assigned. An alstract of the condition of the national banks in Chicago on the date of the last call, showed a reserve of twentynine and forty-five hundredth per cent, or 4.45 per cent above the reserve required by law. Total resources are stated at $160,864,804. Surplus fund WAS $11,516,700 and undivided profits $2,566,000. At Spokane, the Washington National bank and its adjunct, the Washington Savings bank, closed their doors. They were crippled by the quiet run yesterday. Both show strong assets in excess of liabilities but could not get money in time for the sudden whirl. The other banks are being subjected to a severe run, but seem to be standing the strain well.

8. June 8, 1893 The World Martinsburg, WV

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Another Spokane Bank Closes. SPOKANE, Wash., June 7.-The Washington national, bank closed its doors Tuesday morning. A. M. Cannon, owner of the private bank that suspended Monday, is vice president of this bank. This caused a run Monday and Tuesday. The liabilities are unknown.

9. June 8, 1893 The Seattle Post-Intelligencer Seattle, WA

Article from The Seattle Post-Intelligencer, June 8, 1893

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: Confidence Returning at Spokana , June 7.--[Special.]-Bank Exanimer K. T. Wilson is in charge of the Washington National and Citizen's National banks, which closed their doors yesterday. A better feeling prevails and there is no run on the other national banks. Merchants offer to take certificates of deposit and checks on any of the suspended banks at par.

10. June 8, 1893 The Herald Los Angeles, CA

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EMBARRASSED BANKS. A Material Falling Off Im the Number of Failures. ASHLAND, Wis., June 7.-The bank of Waehburn. closed ita doore this morning. The officersclaim the suspension is only temporary, on account of the financial stringency, and will reopen in a few days. It.is a private institution with a stated capital of $25,000; surplus, $12,000; d'eposite, about $40,000. A. C. Probert is president, and states the depositors will be paid in full. CHICAGO, June 7.-The private bank of C. L. Niehoff & Co. was placed in the hands of the sheriff this evening on attachment's eued out by a number of depositore, who became alarmed for the safety of their money- No statment is obtainable tonight. W ASHINGTON, June7. / -The comptroller has directed Bank Examiner E. T.. Wilson to take charge of the Citizene" National bank and the Washington National bank of Spokane, state of Washington, which closed their doors yesterday. NEW ALBANY, Ind., June 7.-The New Albany Banking company has suapended payment, as the result of the run on the New Bedford, Ind., bank yesterday, both having substantially the same stockholders. It is claimed the assets are $212,000; liabilities, $100,000. W. L. Greyfogle, one of the principal stockholders in the bank, executed a deed. of trust of $366,000 for the benefit of the depositore of the two banks. It is claimed the depositors will be paid in full.

11. June 8, 1893 Burlington Weekly Free Press Burlington, VT

Article from Burlington Weekly Free Press, June 8, 1893

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Washington National Bank Closed. SPOKANE, Wash., June 6.-The Wash+ ington National bank and its adjunct the Washington Savings bank closed their doors this morning. The other banks are being subjected to a severe run but seem to be standing the strain well.

12. June 14, 1893 The Star Reynoldsville, PA

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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.

13. June 24, 1893 Deseret Evening News Salt Lake City, UT

Article from Deseret Evening News, June 24, 1893

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Want to Heopen. WASHINGTON, June 24.-Comptroller Eckles this morning received " telegram from the San Bernardiso bank asking permission to reopen. He answered that he would consider the request when his examiner had made the report. Bank Examiner Lazar who was at Los A ngeles has been directed to take charge of the San Bernardino bank, while Whitman, the examiner at San Francisco, will relieve him. Bank Examiner Clare Tacome has been directed to go to New Whateom. Application has been received by the comptroller from all the banks in Spokane requesting him to allow the Washington National bank at Spokane to reorganize. The board of trade at San Diego, California, and the president of the suspended First National bank of that place have requested that the bank be allowed to resume business. The request will be considered when the report is in.

14. June 25, 1893 The Herald Los Angeles, CA

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PACIFIC COAST BANKS. Nearly All of Them Have Asked Permission to Reopen. WASHINGTON. June 4.-Comptroller Eckele this morning received a telegram from the Pacific bank of San Francisco, asking permission to reopen. He answered that he would consider the request when his examiner made a report. Bank Examiner Lazar, who is at Los Angeles, has been detailed to take charge of the San Bernardino bank, while Wightman, examiner at San Francieco, will relieve him at the first named place. Bank Examiner Clare of Tacoma has been detailed to go to New Whatcom. An application has been received by the comptroller from all the banks in Spokane, requesting him to allow the Washington National bank of Spokane to reorganize. The board of trade of San Diego, Cal., and the president of the suspended First National bank of that place request that that bank be allowed to resume business. The request will be considered when the examiner's report is in.

15. June 25, 1893 New-York Tribune New York, NY

Article from New-York Tribune, June 25, 1893

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THE BROKEN PACIFIC COAST BANKS. BAD MANAGEMENT IN SAN FRANCISCO-SIGNS OF IMPROVEMENT VISIBLE. San Francisco, June 24.-The Concrete opinion of the bankers of San Francisco is that the Pacific Bank was compelled to suspend payment because It made unwise Investments In securities from which it could not get out its money. and that the People's Home Savings Bank was compelled to suspend because it had not on hand coin enough to stand the run sure to follow the announcement of the suspension of the Pacific Bank, its business associate. In other words. the failure of the Pacific Bank was not more due to the present financial troubles than to fundamental weakness in Its management. The flurry seems to have passed in this city, and no anxiety is felt that other banks will succumb. Bankers say they have ample funds to meet all demands. The run on the Union Savings Bank continues to-day, though with less excitement than yesterday. There was also a run on the Hibernia Bank to-day. Seattle, Wash., June 24.-A special from New Whateom says: Inability to realize on gilt-edge securities forced the Columbia National Bank to close its doors yesterday morning. Their assets are placed at $226,762. with liabilities not exceeding $100,000. Confidence is felt In the other banks and no further trouble Is expected. The Columbia Bank Is capitalized at $100,000. The Controller of the Currency has been advised and will take charge of the affairs of both the Columbia and the First National, which suspended yesterday. The cashier of the falled First National Bank says the assets are $428,000: liabilities, $110,000. San Bernardino. Cal., June 23.-The First National Bank closed its doors yesterday after undergoing a run for the last five days. Washington, June 24.-Controller Eckels this mornIng received a telegram from the San Bernardino Bank asking permission to reopen. He answered that he would consider the request when his examiner made Bank Examiner Lazaer, who is at Los report. Angeles, has been directed to take charge of the San Bernardino Bank. while Mr. Wightman, the examiner "ii San Francisco. will relleve bim at the first named place. Bank Examiner Clarey, of Tacoma, has been directed to go to New-Whatcom. Application has been received by Controller Eckels from all the banks in Spokane requesting him to allow the Washington National Bank of Spokane to reorganize. The Board of Trade of San Diego, Cal., and the president of the dispended First National Bank of that place, have requested that the bank be allowed to resume busttress. The request will be considered when the exuniner's report Is in. Los Angeles, Cal., June 24.-The East Side Bank opened Its doors this morning. This 13 the first of the closed banks to resume. A feeling of confidence has returned. The other banks will open on Monday, except the City Bank, which is in the hands of a recelver.

16. June 25, 1893 The Salt Lake Herald Salt Lake City, UT

Article from The Salt Lake Herald, June 25, 1893

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Washington National bank of Spokane to reorganize. The board of trade of San Diego, Cal., and the president of the suspended First National bank of that place, have requested that the bank be allowed to resume business. These requests will be considered when the reports are in.

17. July 4, 1893 The Record-Union Sacramento, CA

Article from The Record-Union, July 4, 1893

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BANK FAILURE. The Albuquerqne National Temporarily Suspends Business. ALBUQUERQUE (N. M.), July 3.-The following note was posted on the door of the Albuquerque National Bank this morning: The Albuquerque National Bank is compelled temporarily to suspend business. This is brought about by the unusual demands of depositors since the suspension of the California banks about ten days ago, and the absolute impossibility during the present business depression to call in our loans. It is confidently hoped that we can soon resuine business and that every creditor will be paid in full, as the assets greatly exceed the liabilities. JOHN A. LEE, Vice-President. The suspension will cause no loss to depositors, as the bank has a surplus of $40,000. Other banks are exceptionally strong, and have large cash reserves. Full confidence is expressed by citizens, and no runs whatever are being made. The liabilities of the Albuquerque National Bank are $270,000, and the assets $420,000. The New Mexico Savings Bank and Trust Company is also closed, but they say the depositors will be paid in full. RESUMING BUSINESS. WASHINGTON, July 3. - Comptroller Eckels is advised that the First National Bank at San Diego, Cal., which failed one month ago, will resume business Wednesday, having complied with the conditions imposed by the Comptroller. It is probable, also, that the failed Washington National Bank of Spokane, Wash., will resume business in ten days. A RUN AT LEADVILLE. LEADVILLE (Col.), July 3.-A run was made on the California, Carbondale and American Banks to-day, but all demands of depositors were promptly met with cash, and at the closing hour the run had ceased. The American National Bank closed its doors this morning, but the directors say the depositors will be paid in full. The statement shows the resources to be $536,134 and the liabilities $347,625. RUN ON A BROOKLYN BANK. BROOKLYN, July 3.-There was a slight run on the Williamsburg Savings Bank this morning. Nearly 1,000 persons crowded into the bank as it opened, and until noon, anxious inquiries made show the proportion of those withdrawing deposits as to five to one of those depositing. General A. V. Meserole, President of the bank, said: "We paid out $230,000 on Saturday and took in $140,000, mostly from new depositors. We are doing business fast, and preparing for a run should it come." HAS PLENTY OF FUNDS. Cisco (Tex.), July 3.-The doors of the National Bank of Cisco were closed by the Inspector to-day, while the inspections of the bank's condition are being made, to prevent a run. The Cashier stated that the bank had two and a half dollars for every dollar of liabilities. DECLARED INSOLVENT. WINNIPEG (Man.), July 3.-The Commercial Bank of Manitoba has been declared insolvent and liquidators appointed to wind up its business. Bills of the bank are as good as gold under the Dominion law.

18. July 4, 1893 New-York Tribune New York, NY

Article from New-York Tribune, July 4, 1893

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SEVERAL BANKS CLOSE THEIR DOORS. Albuquerque, N. M., July 3.-The following nottee was posted on the door of the Albuquerque National Bank this morning: "The Albuquerque National Bank is compelled temporarily to suspend business. This has been brought about by unusual demands of depositors since the suspension of the California banks about ten days ago, and the absolute impossibility during the present business depression to call in our loans. It is confidently hoped that we can resume business. and that every creditor will be paid in full, as the assets greatly exceed the liabilities." Golden. Col. July 3.-The McPherson County Bank made an assignment for the benefit of its creditors this morning. "Impossible to collect on notes outstanding" is given as the cause of the failure. No statement.as to assets and liabilities has so far been made public. Washington, July 3.-Controller Eckels is informed that the National Bank of Commerce of Provo, Utah. and the First National Bank of ouray. Col.. closed their doors to business on last Saturday. He is also advised that the First National Bank of San Diego. Cal. which fatled about a month ago. will resume business on next Wednesday. It is probable also that the falled Washington National Bank of Spokane, Wash. will resume business in A committee representing the about ten days. stockholders and officers of the failed First National Bank of Arkansas City, Kan., had an audience with Controller Eckets this morning looking to the reopening of that institution it will also probably be abi to resume business in a short time. Phillipsburg, Mont, July 3. The First National Bank closed its does on Starday m riving. There is no doubt of the solveney of the institution. and as soon as matters are 8 raightened out business will be resume

19. July 7, 1893 Pawtucket Tribune Pawtucket, RI

Article from Pawtucket Tribune, July 7, 1893

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"Cut of the Hole." SPOKANE, Wash., July 7.-The Washington National bank, which suspended several weeks ago, has resumed. It can meet all liabilities.

20. July 8, 1893 The Dalles Times-Mountaineer Dalles, OR

Article from The Dalles Times-Mountaineer, July 8, 1893

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Confidence Restored, SPOKANE, July -The resumption of the Washington National bank, which suspended just a month ago today, caused quite a demonstration. The moving of specie to the new building was witnessed by a large crowd early in the morning and was attended by four poicemen and deputy sheriffs. At 10 o'clock when the doors were opened, the crowd of depositors reached half a block. Two men reached the teller's window first, and to prevent a wrangle two tellers took money simultaneously. Tbe bank remained opened during the usual hours and only paid out $2100. The receipts were $35,000 greater than that amount. The opening of the bank has done much to restore confidence in business all around.

21. July 14, 1893 Pullman Herald Pullman, WA

Article from Pullman Herald, July 14, 1893

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NORTHWEST NEWS. WASHINGTON. Tacoma has expended $30,000 on the improvement of Point Defiance Park. annual convention of the school Sunday The eighth Association of Washingtoo state will begin tomorrow at Cnautanqua Beach, Vason island, and last three days. John and George Robinson and John Livingston, indicted for the murder of two farmers in Snohourish county, will be tried at the September term of the superior court. Fire at Skyhomish destroyed Davis store & McDevitt's O'Leary Campbell's general merchantdise restaurant, Cline & Babcock's restaurant a a aaloon, and William Snell's barber shop. All will rebuild. H. D. Willis, of Walla Walla, has disposed of his irrigation ditch plant to O. A. for the and Barney right-of-way $20,000, water-right which includes deeds. Mr. Barney bas associated with him several farmers residing along the proposed line of the ditch and a prominent capitalist of Tacoma. Work will be prosecuted at a rapid rate until the ditch is completed. Complaint having been made that unsafe and impure kerosene oil for domestic purposes is being sold throughout the state, the state board of health, at its semi-annual meeting at Tacoma July 6, looked into the matter and will endeavor to find out the exact quality oil now sold in state. The of tuberof the prevalence being glanders and the culosis was also discussed. George Digg, a regident of Sindnev, is in Providence hospital, Seattle, for treatment of an injury received July 4, by the discharge of a cannon' The sight of his eyes is almost gone and his face practically blackened with grains of which were It will be some it flesh. powder blown days before into the can be told whether or not his eyesight is permanently impaired. Digg is 39 years old and unmarried. A dozen pioneers of Whitman county met in the courthouse at Colfax, July 5. to a call and a of a pursuant inary organization pioneers' formed associa- prelimtion. James was temporary Captain president Ewart and W. B. elected Renshaw secretary. It was resolved that 1876 be the dividing line between pioand tenderfeet. On August 5 anwill neers other meeting be held to effect permanent organization. Tac ma shingle dealers and manufacturers estimate that over half of the mills of the state are now closed, and that more will shortly close. It is estimated that the combined mills of the state have a daily output of approximately 16,000,000 shingles per day. At present the majority of the dealers and manufacturers here do not admit that there IS over an average of 5,000,000 shingles manufactured daily in this state, The Washington National bank at which weeks resumed ago, Spokane, July suspended 6. At several ten o'clock, the doors were of reached a when depositors opened, half block. the crowd The reached window and to prevent a two first together men the teller's wrangle two tellers took their money simultane ously. The bank remained opened during the usual hours and only paid out $2100. The receipts were $35,000 greater than that amount. The opening of the bank has done much to restore confidence in business circles. In clearing a new street at Silverton a peculiar growth was found that well illustrates the lasting qualities of the wonderful ced that grows in this state. A large cedar log six feet in diameter lay on the ground, while a hemlock had grown over and around it, completely the log. since the is enveloping grown up ceder The fell, Lemlock and it had about 150 years old. The ceder was in a wonderful state of preservation and from it were as as if had been esthe shakes tree split just felled. good It is timated that the cedar is at least 400 years old. The townships which will be surveyed by J. T. Roberts, of Spokane, include all the settlements of ranchers in Spring coulee and Salmon river valley, a part of Johnson creek and the towns of Conconully and Ruby. In the language of

22. July 15, 1893 The Cape Girardeau Democrat Cape Girardeau, MO

Article from The Cape Girardeau Democrat, July 15, 1893

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IN lowa a cyclone did great damage / in the counties of Calhoun, Cherokee, Buena Vista, Ida, Sac' and Pocahontas. The village of Pomeroy was almost entirely swept away and over tifty persons were reported killed. At Quimby two aged women were killed, and at 7 Aurelia over a dozen persons lost their lives. Manson was half destroyed and 7 several persons were killed, and at Fonda ten or more lives were lost. In , addition to the above scores of persons 1 were injured. The property loss was enormous. I A TORNADO passed over the central 1 part of Rogers county, Neb., destroying barns, houses, windmills and fruit trees. e Several persons were injured. EVERY day it costs about $16,000 to e carry on the world's fair. 8 CONDUCTORS and engineers on the e Queen & Crescent railroad were charged with robbing the company of goods : valued at $40,000. f ON September 6 the American Bankers' association will convene in Chicago. e A TRAIN at Galesville, Wis., killed e Anton Falls and Ida Johnson, a young couple soon to be married. 4 BECAUSE she refused to marry him h N. B. Plummer shot and killed Miss t Sadie Fisher at Bird's Points, Mo., and the then shot himself fatally. e At Spokane the Washington national bank which suspended several weeks 1 ago has resumed. s FLAMES destroyed the entire business portion of Russiaville, Ind. AT Salem, Ore., the world's2-mile race récord (4:48%) for trotters was broken by the stallion Blondie, who made the f distance in 4:48. a DURING a fire in Chicago in the Lincoln hotel eight persons were injured, s three probably fatally. be SEVENTY-FOUR persons were dead, at least five more to die, and over 100 inS jured as a result of the cycle ne that t made its start at Quimby, Ia., south of Cherokee, and ended at Pomeroy. The h property loss was immense, many pera sons were homeless and destitute, and : the governor issued an appeal for aid. e CITY MARSHAL MORRISSY, Bud Smith and Jim Francis were killed and four ) others were wounded during a drunken fight at Woodbine, Ky. 1 ALBERT BAUMBERGER murdered D. S. r Krieder, wife and four children at e Cando, N. D. A dispute over wages was e the supposed cause. DEMOCRATS in Iowa will hold their 1 state convention in Des Mones on Aus gust 23. NEAR Palestine, Tex., train robbers s secured $500 from the Pacific Express f company and overlooked $25,000. A MOB hanged Seay J. Miller, the neF gro charged with the outrage and murb der of Mary and Ruby Ray at Bardwell, Ky., and the body was burned after being horribly mutilated. a IN Arkansas the State bank of Stuttgart, and the Arkansas Farmers' and Traders' bank of Dewitt failed to open e their doors.

23. July 29, 1893 New-York Tribune New York, NY

Article from New-York Tribune, July 29, 1893

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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.

24. August 1, 1893 The Durham Daily Globe Durham, NC

Article from The Durham Daily Globe, August 1, 1893

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11--4277, Washington National bank, Spokane Falls, Wash. 12-4486, National Bank of Commerce, Provo City, Utah. 13-4134, First National bank, Cisco, Tex. 14-4494, 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 un- warranted lack of confidence in them, causing disastrous runs. To resume: Number now in operation, 3785; number failed since January 1, 1893, 105; number reopened, 14; number in hands of receiver, 33; number in hands of bank examiners with application to comptroller for resumption, 58.

25. September 1, 1893 Idaho County Free Press Grangeville, ID

Article from Idaho County Free Press, September 1, 1893

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The receivers of the Northern Pacific railroad have ordered the following economies: Salaries from $1200 to $5000 to be reduced 10 per cent; salaries from $5000 to $10,000 to be reduced 15 per cent, and salaries above $10,000 to be reduced 25 per cent. It was stated at the treasury department at Washington Saturday that Assistant Secretary Hamlin, while in Massachusetts, will visit President Cleveland, and on his return to Washington a number of important appointments will be announced. A disastrous fire swept through Fairfield, Wash., Wednesday morning, and over a dozen of the principal business houses are in ruins, and nearly the entire main business center of the town is a pile of smoking ashes. The loss is about $40,000. In response to his inquiry, Governor Pennoyer has received letters from nearly all the members of the legislature and as a majority oppose the calling of a special session for the passing of a stay law the governor will probably not call a special session. W. W. Ogilvie, the milling king of Canada, estimates the yield of wheat in Manitoba and the Northwest this year at about twenty bushels per acre, or a total yield of 19,000,000 bushels. The quality of the crop, he says, is the best ever grown in the Northwest. Three attempts at train wrecking were made by unknown persons near Fairfield, California, early Sunday morning. A terrible wreck and great lose of life and property was only avoided by the fact that it was a clear night and the trains were running at a slow speed. A New York dispatch says: There is an impression in banking circles that the market, so far as time loans and mercantile paper is concerned, will ease up shortly. The premium on currency varies considerably, some brokers quoting it at 1½ per cent and others at 3. The Washington National bank of Spokane has begun five suits against some of its stockholders to recover $20,000. Henry A. Tilton, its former president, is included in all suits and it is claimed that the money is due for money borrowed from the bank before it failed. An Asbury Park dispatch says: Vice-President Stevenson is to be the next speaker at the national service in the Asbury Park auditorium. Mr. Stevenson has promised to bring speaker Crisp with him. The latter will also deliver an address, possibly on the financial situation. Robert J. Knox, the American who was sentenced to five years' imprisonment in the City of Mexico a short time ago for swindling a local jeweler out of $12,000 of jewelry, has been granted a new trial. He has influential friends in the United States who are working in his behalf. Moses La More, a laborer, committed suicide at Monte Cristo, Wash. Thursday, by shooting himself through the heart with a 44-calibre revolver. He left the following note: "To my dear wife and children: Do not bother about me. Bury me close by. I am no use to you any more." Convict Williams, No. 474 in the penitentiary at Walla Walla, is missing. While engaged in watching the fires under the brick kilns he walked away without the guards detecting his escape. The country is being scoured in all directions but up to the present writing no clue has been discovered. Vice-Admiral Holtman, secretary of state for naval affairs for Germany, is said to have obtained the approval of Dr. Miquel and several other ministers for his plan of spending 40,000,000 marks.