22651. Batavian Bank (La Crosse, WI)

Bank Information

Episode Type
Suspension → Reopening
Bank Type
state
Start Date
October 2, 1873
Location
La Crosse, Wisconsin (43.801, -91.240)

Metadata

Model
gpt-5-mini
Short Digest
cd9392a4

Response Measures

None

Description

Newspaper articles (dated 1873-10-02) report the First National Bank of La Crosse temporarily suspended payments for a few days because currency from the East was being refused (after telegrams from Chicago). This is a temporary suspension tied to a wider panic/currency shortage (Panic of 1873); articles indicate the suspension was for only a few days, so classified as suspension_reopening.

Events (1)

1. October 2, 1873 Suspension
Cause
Correspondent
Cause Details
Currency and specie shipments from the East were being refused (after telegrams from Chicago), forcing the bank to suspend payments temporarily.
Newspaper Excerpt
Upon the telegrams from Chicago, Thursday, the First National and Batavian Banks, in La Crosse, suspended for a few days, until they can get currency from the East, which is totally refused at present.
Source
newspapers

Newspaper Articles (2)

Article from The Manitowoc Tribune, October 2, 1873

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Article Text

WISCONSIN NEWS. Captain Lutz, of the fisbing snack Maggie Lutz, informs the editor of the Sheboygan Herald that he caug 22,000 pounds of white fish and tr ut off that coast during last week. lie has been engaged in fishing for many years, but never captured so many fish in one week before. The Wisconsin Central Railroad Company has obtained a writ of ma-damus from Judge Cate, of the Circuit Court, requiring the Governor to issue unqualified certificates for land on the two sections completed this summer declining, howeyer, to pass on the question 1. hether the company was entitled to all the lands. An appeal was taken to the Supreme Court. Gov. Washburn has purchased the handsome residence near Madison, owned by Samuel Marshall, of the State Bank, and for some years occupied by him as a residence. Justus Sceley, of Montr Dane county, had twenty-one of his sheep killed by lightning last week. The Lancaster (Grant County) Herald states that a young child of John Mul rooney was bitten by a rattlesmake on Thursday last. Dr. Howes atten led the child and doubts its recoverv. At the time the child was bitten, Mrs. M with the bravery of a Spartan mother cut out a large portion of the wound with a buteher knife. Two hundred and sixty dollars was stolen out of the Express office at Union Centre, Sauk county. No clue has been obtained of the thief. Eau Claire business mec have suba scribed twenty thousand dollars for new post office building. The Republicans of the Fourth Sena torial District, embracing the counties of Vernon and Monroe, have nominated A. E. Bleekman, of Tomah, for Senator. About 20,000 pounds of wool have been bought at Fort Atkinson the present season, for which cost to the amount of $80 000 was paid. There are over seventy five acres of frosted tobacco in the town of Fulton, Rock county. The Watertown Bank got scared on Tuesday, and suspended payment to depositors for ten days. Upon the telegrams from Chicago, Thursday, the First National and Bata vian Banks, in La Crosse, suspended for a few days, until they can get currency from the East, which is totally refused at present. The banking house of Wilson & Jurgens has decided not to close, hav ing ample currency to pay all possible demands. Mattias Hansen, a Norwegian farmer in the town of Carlton, Kewaunee county, committed suicide last week by taking a dose of prepared bed bug poison. Mr. and Mrs. Edward Akin, of Harmony, Rock county, celebrated their golden wedding on Thursday. At Crystal Lake, Marquette county, recently, two boys, named Some and Dutsour, got into a quarrel, when the father of Some came out with his gun, and seizing it by the barrel, struck Dutsour on the head, inflicting only a slight wound, but the gun in some way, went off in Some's hands, and the charge entered the body of the latter, killing him almost instantly. Chapman & Cooper will put their stages on the mail route between Bayfield Ashland and Superior, early the coming winter, and the stations on the road will be kept in good style during the season. There are about 350 pupils in the State Normal school at Oshkosh, 160 being in the Normal department proper. The Ashland Press says: "It is now thought that the gap between the two ends of the Wisconsin Central Railroad will be only thirty miles on the 1st of January. This will be staged during the winter, and by early spring the track will be laid that distance, thus giving Ashland connection with Milwaukee and Chicago." The Ashland House, at Ashland, owned by Mr. Peckham, formerly of Winona, was destroyed by fire on the 13th inst., Loss $3,000; no insurance, Mr. Peckham has commenced to rebuild.


Article from The Manitowoc Tribune, October 2, 1873

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Article Text

It is expected that additional suspensions will be announced in London. A new post office has been established in Brown county on the line of the Chicago and Northwestern Railroad, between Depere and Wrightstown, called Little Rapids, and Mr. Prescott Boynton appointed postmaster. A lad named Jacob Graves fall a distance of forty feet, in Green Bay, on Friday evening, and singular escaped serious injury. The lumber companies at La Crosse are shutting down their mills, thus throwing a large number of men out of employment. The Batavian and First National Barks 1 of La Crosse having temporarily sus-