Article Text
WISCONSIN. Suspension of the State Bank. MILWAUKEE, Nov. 9.-A run on the Milwaukee Bank commenced on Saturday. The Milwaukee State Bank suspended. The liabilities are said to be heavy.
22743. Milwaukee State Bank (Milwaukee, WI)
Bank Information
- Episode Type
- Run → Suspension → Unsure
- Bank Type
- state
- Start Date
- November 7, 1868
- Location
- Milwaukee, Wisconsin (43.039, -87.906)
Metadata
- Model
- gpt-5-mini
- Short Digest
1d9b5c19
Response Measures
Full suspension
Other: Suspension reported due to heavy liabilities after run; no reopening mentioned in articles.
Description
Newspapers dated 1868-11-10 and 1868-11-12 report a run beginning Saturday (Nov 7) and that the Milwaukee State Bank suspended (reported Nov 9). No article mentions a reopening or receivership, so outcome after suspension is unclear.
Events (2)
1.
November 7, 1868
Run
- Cause
- Bank Specific Adverse Info
- Cause Details
- Reports note heavy liabilities for the bank, suggesting solvency concerns prompted withdrawals.
- Newspaper Excerpt
- A run on the Milwaukee Bank commenced on Saturday.
- Source
- newspapers
2.
November 9, 1868
Suspension
- Cause
- Bank Specific Adverse Info
- Cause Details
- Suspension followed the run; contemporaneous reports cite heavy liabilities as the problem.
- Newspaper Excerpt
- The Milwaukee State Bank suspended. The liabilities are said to be heavy.
- Source
- newspapers
Newspaper Articles (2)
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Article Text
Telegraphic Summary. Complete returns from S. C. give 9,900 Black Republican Majority. Judge Nelson, Supreme Court, has refused a writ of habeas corpus for Callicott, an Andrew Johnson Revenue thief, now pounding stone at Sing-Sing. John Hill Rep is returned to Congress on the official count, from the 4th N. J. District by 90 maj. Governor Bullock of Geo. has issued a proclamation offering a reward of $5000 for the arrest and con viction of the persons who caused the death of Albert C. Ruffin, sheriff of Richmond, who was killed on election day at Augusta. A special to the Tribure dated New Orleans, 7th, says: The Republican State Committee to-day unanimously resolved that the administration of Major General Rosseau, and General Buchanan,especially their partisan conduct during the recent mobs, riots and massacres in this city and State, are highly reprehensible, in that they exhibited sympathy with and partiality for the Rebel Democracy, and emboldened them in their attempts to overthrow the State Government and carry the elections, even by fraud, violence and bloodshed. General Gran,is at his Head Quarters in Washington hard at work.He has been waited upon since his return by Vice President Colfax, and many other highcockalorem's. Old Mother Hubbard Seward, has sent an agent to St. Domingo, to purchase Samana, if any body knows where that is, or what possible use the old real estate dealer can put it to: The Milwaukee State Bank, succumbed to a run yesterday. The official Rep. majority in Michigan is 31,000. Gold has advanced slightly in N. Y. and is now quoted at 135. Gen W B Reed, an eminent lawyer of Louisville, committed suicide to-day by shooting himself through the head. Lee county Republicans have frittered away the Copperhead majority of 500 last year to 150 this year; thanks to the indomitable zeal of the Gate, Sam Clark, Gen Bruce John Van Valkenburg and scores of other good Republicans, equally worthy of mention. One more lick and you'll fetch 'em. London, Nov. 9. A delegation from the Freedmens' Aid Unoin waited upon Reverdy Johnson this evening, at American legation, and presented him with an address. Mr Johnson in reply assured them that they had the sym. pathy of the United States, and concluded with these words: I shall conduct my duties to satisfy you. I feel on the subject you have at heart, exactly as you do." Scott county official, Grant 1849; Wright 1779; Smythe 1557; and amendments 1510. A delegation of disinterested patriots, of Washington City, have called on U. S. Grant, tendering him a public demonstration. U.S. Grant said in reply. "I live in this city and like to avoid demonstrations here as elsewhere; and with my consent there cannot be any. I am always ready to meet