23041. Traders National Bank (Clarksburg, WV)

View Charter #4569 on SPMC

Bank Information

Episode Type
Suspension → Reopening
Bank Type
national
Bank ID
4569
Charter Number
4569
Start Date
February 2, 1904
Location
Clarksburg, West Virginia (39.281, -80.345)

Metadata

Model
gpt-5-mini
Short Digest
b79d5b8b

Response Measures

None

Description

The Traders' National Bank of Clarksburg was closed by order of the Comptroller of the Currency and a national bank examiner was appointed receiver on Feb 2, 1904. Multiple articles report there was no panic or run. The bank reorganized, increased capital to $200,000, and was authorized to reopen in mid-April 1904.

Events (4)
1. May 9, 1891 Chartered
Source
historical_nic
2. February 2, 1904 Suspension
Cause
Government Action
Cause Details
Closed by order of the Comptroller of the Currency; national bank examiner Charles W. Robinson appointed temporary receiver; lack of available assets cited in reports and examiner supervision preceding closure.
Newspaper Excerpt
The Traders' National Bank of Clarksburg, W. Va., closed its doors today, and the controller of the currency has appointed National Bank Examiner Charles W. Robinson receiver.
Source
newspapers
3. April 14, 1904 Reopening
Newspaper Excerpt
The controller of the currency has authorized the Traders' National Bank of Clarksburg, W. Va., to reopen for business. This bank suspended February 2. The board of directors has been reorganized and increased, and the stockholders have authorized an increase in the capital of the bank to $200,000, which increase has been paid in full. The controller states that the bank is now in a perfectly solvent condition, with an unimpaired capital, and resumes business under most favorable auspices.
Source
newspapers
4. April 10, 1905 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (22)
1. February 2, 1904 Evening Star Washington, DC
Article from Evening Star, February 2, 1904

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EXAMINER IN CHARGE. Bank at Clarksburg, W. Va., Closes Its Doors. The Traders' National Bank of Clarksburg, W. Va., closed its doors today, and the controller of the currency has appointed National Bank Examiner Charles W. Robinson receiver. This bank was organized April 15, 1891; T. M. Jackson, president; S. H. White, cashier. The controller is not in possession of sufficient information to enable him to state the exact cause of failure. The following is a statement of the resources and liabilities of the bank as shown by the last report of condition received by the-controller, dated November 17, 1903: Resources-Loans and discounts, $829.535.25: United States bonds, $85,000; stocks. securities, claims, &c., $163,500; furniture and fixtures, $3,500; real estate, $12,677.08; due from banks and bankers, $184,632.35; cash and cash items, $82,272.41. Total, $1,361,117.09. Liabilities-Capital stock. $85,000; undivided profits, $84,674.15; circulation, $85,000; due to banks and bankers, $100,743.88; deposits, $975,699.06; bills payable, $30,000. Total, $1,361,117.09.

2. February 2, 1904 The Daily Telegram Clarksburg, WV
Article from The Daily Telegram, February 2, 1904

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No Rush or Clamor and Other Banks are Doing Good Safe Business. as if the Traders were Open. The Traders National Bank here was closed Tuesday morning by order of the Comptroller of the Currency, at Washington, D. C. The act of closing the institution was by Charles W. Robinson, national bank examiner, who has been here several days looking into the affairs of the bank. He did this merely by posting a notice on the front door at eight o'clock to the effect that the institution had been closed by the direction of the Comptroller of the Currency. It had been whispered around the street corners the night before and in a very few minutes after the notice was posted a number of business men gathered to read it and groups of men could be seen on the streets throughout the day, talking about the matter. Being the first instance of the sort in the long history, of Clarksburg. there was excuse for this. Pant throughout the day there was no clamor or rush of any sort, neith er at the Traders nor at the other banks of the city. The impression prevailed among all that the bank was perfectly solvent and no afirm was felt even on the part of the depositors. numbering fully as many as those of any other bank in the city. The curiosity of a number, however, was aroused and on that account the front of the bank bunking was not without persons standing there at various times throughout the day. Still. there was no manifest disposition to storm the doors of the bank and no signs of panic any where. Pank Examiner Robinson took im te charge of the bank and from Ving the officials of the institution be retained S. H. White and others in the employ of the government. which now has sole charge of the bank. This force is now in the employ of the government and are not considered bank officials, They have no jurisdiction whatever, but are subject to the examiners instructions. The retention of these Officials is for the purpose of getting the affairs of the bank in shape at the earlier opportunity. The closing of the bank was entirely unexpected by the general public, and of course, came as a great shock. For several days the institution has been under the semitiny of the examiner and he

3. February 2, 1904 The Topeka State Journal Topeka, KS
Article from The Topeka State Journal, February 2, 1904

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Bank Ordered Closed. Clarksburg, W. Va., Feb. 2.-The Traders' National bank, the largest bank in this city, has been closed by order of the comptroller of the currency and a national bank examiner has been appointed temporary receiver. Assets are a million and a quarter. It is thought the bank will resume business. No statement of its condition has been made.

4. February 3, 1904 The Daily Silver State Winnemucca, NV
Article from The Daily Silver State, February 3, 1904

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Doings of the Day Reflected and Condensed for Busy Readers THE HISTORY OF THE WORLD Told in Short Paragraphs--The Latest Intelligence from All Sources Jefferson City, Mo.-Judge Fox, in a decision rendered in the state supreme court declared the eight hour law for miners working under ground, passed in 1901, to be constitutional and valid. St. Petersburg-A dispatch from Gomet, government of Moghiley, says: Jewish immigration to America is steadily increasing. Artisans as well as wealthy Hebrew householders are leaving. Three hundred families have just departed. Battle Creek, Mich.-Walter W. Woolnough, probably the oldest newspaper editor in the state, is dead, aged 83 years. Mr. Woolnough started the first paper published in Battle Creek and was one of the men present at the organization of the Republican party at Jackson. London.-Premier Balfour's attack of influenza is following its normal course. He was unable to attend the re-assembling of parliament. A bulletin issued by his physician says Mr. Balfour passed a fair night, that his temperature is lower and that there are no complications. Cape Haytien, Hayti.-Advices from Monte Christi, Republic of Santo Domingo, say that General Espillet recently attacked Santiago de Los Cabillerous with a force of about 200 men. After a sharp fight Espillet was defeated by General Caceras, in command of the government troops. Constantinople.-The United States European squadron has left Beirut for the West Indies. The European squadron, composed of the Brooklyn, San Francisco, the Machias, on her way to Port Said, and the collier Alexander. has been ordered to sail for Culebra to join in the combined naval maneuvers about to ensue. Clarksburg( W. Va.-The Traders' National Bank, the largest bank in this city, has been closed by order of the comptroller of the currency, and a n1tional bank examiner has been appointed receiver. Assets a million and a quarter. It is thought the bank will resume business. No statement of its condition has been made. Vancouver.-A special from Calgary says Ernest Cashel was hanged at 8:06 Tuesday morning for the murder of a ranchman. Cashel escaped from the mounted police barracks after his conviction and remained in hiding for forty-five days within six miles of the barracks. He made a public confession of his crime on the scaffold. Louisville, Ky.-James K. Schrader, a prominent young lawyer, who had just completed a term as assistant commonwealth's attorney, died at a hospital here from the effects of a bullet wound inflicted by W. K. Neal of Owensboro, Ky. The trouble arose it is stated, over a suspicion that Neal entertained as to Shrader's relations with Mrs. Neal. Neal has been it'rested. Persian Dates, 12 1/2c per pound, at 27-6t Brown's.

5. February 3, 1904 The Savannah Morning News Savannah, GA
Article from The Savannah Morning News, February 3, 1904

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Bank Fails at Clarksburg. Washington, Feb. 2.-The Traders' National Bank of Clarksburg, W. Va., has been closed by order of the controller of the currency and Bank Examiner C. W. Robinson has been appointed temporary receiver. The bank was organized April 15, 1901, with T. M. Jackson as president and S. H. White, cashier. The controller is not in possession of sufficient information to enable him to state the exact cause of failure. The bank has a capital of $85,000 and deposits of $975,000.

6. February 3, 1904 The Indianapolis Journal Indianapolis, IN
Article from The Indianapolis Journal, February 3, 1904

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BANK CLOSED BY THE CONTROLLER'S ORDER Traders' National, of Clarksburg, W. Va., Compelled to Suspend Business. CLARKSBURG, W. Va., Feb. 2.-The Traders' National Bank has been closed by order of the controller of the currency, and Charles W. Robinson has been placed in charge. It is the largest bank in the city. Assets $1,125,000. It is thought the bank will resume business. The bank was organized April 15, 1891, with T. M. Jackson as president, and S. H. White, cashier. The following is a statement of the resources and liabilities of the bank on Nov. 17, 1903, when the last official report was made: Resources-Loans and discounts, $829,535; United States bonds, $85,000; stocks, securities, claims, etc., $163,500; furniture and fixtures, $3,500; real estate, $12,677; due from banks and bankers, $184,632; cash and cash items, $82,277. Total, $1,361,117. Liabilities-Capitál stock, $85,000; undivided profits, $84,674; circulation, $85,000; due to banks and bankers, $100,743; deposits, $975,699; bills payable, $30,000. Total, $1,361,117. The cause assigned for the failure of the bank is lack of available assets, but the reason stated by those supposed to be informed is investments in enterprises of large magnitude which have SO far realized no returns.

7. February 3, 1904 The Daily Telegram Clarksburg, WV
Article from The Daily Telegram, February 3, 1904

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CLARKSBURG, W. VA., FEB. 3, 1904. PUBLIC CONFIDENCE MAINTAINED. While the closing of the doors of the Traders National Bank must unnecessarily have more or less effect, yet it is a happy condition that the effect thus far has not been of the panicky sort. Business men who are identified with that institution as stockholders, depositors and otherwise, as well as others, showed their wisdom in acting in a conservative manner, by which they averted what might have been to the city an awful situation. They publicly expressed confidence i nthe ability of the bank to pay. and, unless there are other developments than those already noted that will be the actual situation. There are no reasons to believe that the situation will be changed or that the depositors will lose anything. It has been taken into consideration that the institution has strong men financially behind it, who would not willingly see the bank fail to pay every dollar of its indebtedness. In this connection it is noteworthy that the other banks of the city have the implicit confidence of the public and well they may, for they are prepared to meet every emergency dollar for dollar. Business astuteness of the most superb character has been observed. They are to-day veritable Gibraltars. A conspicuous feature of the incident which is of concern, is that the public continued their banking business wholly uminterrupted and without modification. The several other, banks of the city continued to do business as usu'tl, except that they did an increased amount through the very nature of the situation. Business men who have been depositors in the Traders and with considerable money tied up under circumstances with which they were not fully acquainted did not allow themselves to become prejudiced against the banking system in general but with that regularity of custom in vogue among them made their deposits in other banks to the extent that when the day's business was over the amount of money taken in at each and every bank far exceeded that drawn out during the day. In addition to this there was practically no withdrawals influenced by the situation. To the contrary the preponderance of the money paid out by the institutions was merely in the ordinary course of business. The banks felt no alarm for the reason that they were all fully prepared for the occasion and would have met every obligation even to the last dollar on deposit but naturally most every one looked for some sort of a scare, big or little. Such scare not having occurred, it is a matter of great congratulation to the commercial and industrial circles of Clarksburg and Harrison county, What might have been in the nature of a crisis has thus far been happily and wisely avoided and there would in all probability have been if the business public had noted foolishly or taken a prejudiced and pessimistic view of the situation. In the case of the Traders it may be stated that efforts to force payment of deposits will be in vain. There can be no run on the bink since it is closed. It is useless to attempt to storm its doors. The institution has the government behind it as its protector, since it is now generally in the hands of the government. No man not authorized by the government can lay fingers on any thing connected with it without the consent of the government. There can be no disturbance of the funds on hand by any one, but the government, and as the government represents the creditors and will faithfully and zealously protect their interests all in its power, there is no reason why all should not be patient and

8. February 3, 1904 Arizona Republican Phoenix, AZ
Article from Arizona Republican, February 3, 1904

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WEST VIRGINIA BANK CLOSED. -Clarksburg, W. Va., Feb. 2.-The Traders' National bank, the largest bank in the city, has been closed by the order of the comptroller of the currency. The national bank examiner is the temporary receiver. The assets were $1,500,000. There is no statement of the condition of the bank. The dedeposits in November were $975,000. The capital stock was $85,000.

9. February 5, 1904 The Kendrick Gazette Kendrick, ID
Article from The Kendrick Gazette, February 5, 1904

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Clarksburg Bank Fails. Clarksburg, W. Va., Feb. 3.-The Traders' National bank, the largest bank in this city has been closed by order of the comptroller of the cur rency, and a national bank examiner has been appointed temporary receiver Assets, $1,125,'000. It is thought that the bank will resume business. No statement of its condition has been made.

10. February 8, 1904 The Daily Telegram Clarksburg, WV
Article from The Daily Telegram, February 8, 1904

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CLARKSBURG, W. VA., FEB. 8, 1901. RE-OPEN THE TRADERS. Attempts to prejudice the public against any one on account of the Trad ers National Bank, whose doors are tem. porarily closed, show to what depths of meanness some persons will go and just how unprincipled they are. There are some who are always glad to take advantage of the misfortune of others to promote their own selfish interests, although they have to stoop so low as to he utterly contemptible. It is this class that does not want the Traders to reopen simply because they think it is a personal advantage to them. Little they care for the community. Little they care about one of the most important and popular institutions of the city. But it is a real gratification to know that the business men in general, including the bankers who are competitors of the Traders, are hopeful that the bank will soon be on its feet again with its doors open to do business. It is not SO much the interests of the bank they care for in this particular as it is for the good of the community. All liberal and fair-minded business men recognize the fact that the reopening of the bank would be far better for the commercial interests of this section than if it were to go out of existence. That alone is sufficient reason why they should hold such a desire. Again, there are but few men who are 80 designing as to wish the numerous depositors of that bank to losc their deposits or any part of them, nor is there any desire that the stockholders should lose. Either event would be detrimental to the financial credit of Clarksburg and bring not only hardship to those immediately concerned but to the entire community as well. Under such conditions and circumstances the Telegram has no patience with the few who have personal spites that prompt them at this critical time this to prejudice the people against not only other financial institutions. They could be engaged in a better business than that of arraying people agains! banks. Their conduct would be more commendable if they were making efforts to uphold the public confidence an I trying to allay suspicion and avert a possible panic in money affairs in Clarks burg. In this connection the Telegram feels that it must reiterate the general desire for the re-organization and re-opening of the Traders, and it with the public will welcome the day when that is necomplished. That day is not far distant, if present efforts in that direction are successful and the best information at this time is that very good progress is baing made in that direction.

11. February 9, 1904 Wausau Pilot Wausau, WI
Article from Wausau Pilot, February 9, 1904

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Bank Closes; May Resume. The Traders' National Bank of Clarksburg, W. Va., has been closed by order of the Comptroller of the Currency and Charles W. Robinson has been appointed temporary receiver. It is the largest bank in the city. The assets are $1,250,000. It is thought the bank will resume business.

12. February 10, 1904 The New Dominion Morgantown, WV
Article from The New Dominion, February 10, 1904

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People here who are interested at Clarksburg were sorry to hear of the suspension of the Trader's National Bank but they do not think that the suspension will last very long.

13. February 12, 1904 The Aberdeen Democrat Aberdeen, SD
Article from The Aberdeen Democrat, February 12, 1904

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DOMESTIC. The public debt statement issued on the 1st shows that the debt increased $911,663 during the month of January. Cash in the treasury, $378,745,084. Total debt, less cash in treasury, $915,062,543. The Baptist May anniversaries will be held in Cleveland, O., from May 16 to 24, inclusive. The residence of Peter Christiansen was burned at Council Bluffc, Ia., and his fixe small children were cremated and his wife fatally burned. The government receipts for January were $41,588,370 and the expenditures $48,372,553, leaving a deficit for the month of $6,784,183. Harry Forbes was knocked out in the fifth round by Abe Attel, of St. Louis, in a battle for the world's featherweight honors. At Clarksburg, W. Va., the Traders' national bank closed its doors. The Kirby Lumber company, with $10,000,000 capital, and the Houston Oil company, owning 1,000,000 acres of land, have been placed in a receiver's hands at New Orleans. Gov. Peabody, of Colorado, has proclaimed the term of martial law at Cripple Creek at an end. Corporal Charles A. Valois and his young. wife, spurned by relatives and penniless, sought death together at Saginaw, Mich. The National Webster bank and the Atlas National bank, two of the largest Boston financial institutions, have consolidated. Fire in the wholesale district of Knoxville, Tenn., caused a loss of $400,000 and the lives of two firemen. A collison between freight trains in El Paso, Tex., caused the death of Engineer Gillespie, Fireman Daniels and an unidentified brakeman. Three of the 30 victims of the Nevada desert have been identified as Philip Geiger, William Hancock and George Hollberk, of Ogden, Utah. A race war at Berea, Ky., is threatened by the citizens' appeal for a law against coeducation of negroes and whites at Berea college. Gen. Ben J. Vilnen, of the Boer forces in the war in the Transvaal, was a guest of President Roosevelt at luncheon.

14. February 22, 1904 The Daily Telegram Clarksburg, WV
Article from The Daily Telegram, February 22, 1904

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TRADERS BANK OPEN. There appeared on the door of the Traders-National Bank a new notice Monday morning. It read "Bank open to receive all persons indebted to the bank." and was signed by Charles W. Robinson, receiver. The remark was made that the Traders bank was open and it seemed to please the people very much until the reason was told why it was open. The previous notice was that the bank had been closed by direction of the Comptroller of the Currency.

15. April 7, 1904 West Virginia Argus Kingwood, WV
Article from West Virginia Argus, April 7, 1904

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Mrs. H. S. Whetsell and baby are at Aurora this week visiting her old home. Dr. Jennings M. King is at Buckhannon again this week on account of the critical illness of his mother. Miss Frances Ann Parsons, who clerks in the Argus Book Store, went to Morgantown last Saturday to spend a week visiting her parents. Ira Claud Gibson, who has been running a drug store out at Enterprise for some time, has been' here this week to apply for license to conduct a drug store in Kingwood after May Ist. The unveiling of Bailey Brown's monument at Grafton will take place on April 28th. Although history does not record it, Mr. Brown was the first man killed in the Civil War. The services will be attended by the G. A. R. and the Cadets of the W. V. U. He was born and raised in Preston county. The stockholders of the Traders' National Bank of Clarksburg, which was closed February 2nd by order of the comptroller of the currency, held a meeting last week. It was decided to organize the institution and resume business. A board of directors was elected and officers elected by them. The capital stock was increased from $85,000 to $200,000. The proposition will be sent to Washington immediately, and it is believed will be approved, which will mean the opening of the bank about the fifteenth of April, The bank had about $975,000 on deposit when it closed.

16. April 13, 1904 The Daily Telegram Clarksburg, WV
Article from The Daily Telegram, April 13, 1904

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TRADERS BANK REOPENS UNDER REORGANIZATION Deposits First Day Amount to More Than Three Times as Much as the Aggregate Sum Checked Out -Future of Institution is Bright. The Traders National Bank, which was February 2, by order of the CompSERIOUS troller of the Currency, opened for business Wednesday morning under a strong reorganization and a capital stock of CHARGE PREFERRED AGAINST ED. $200,000. an increase of $115,000. BUTCHER BY BERTHA SHRIEVE, The officers of the bank are W. Brent AN EIGHTEEN-YEAR-OLD GIRL, Maxwell, president; P. M. Robinson, vice EMPLOYED AT DEISON HOUSE. president, and S. H. White, cashier. The board of directors is composed of W She Accuses Him of Criminally AssaultBrent Maxwell, John L. Ruhl, C. S. ing Her On the Weston Road Monday Smiley, James F. Allen, Millard F. Sni: Night-Butcher Arrested and Jailed der L. L. Loar, Edward R. Davis, Ira to Await Trial. E. Robinson Porter Maxwell, Lee Bog. gess and P. M. Robinson. Ed. Butcher. a young man of this city, The bank opened with Vice President is in jail awaiting trial on a serious Robinson and Cashier White in charge charge. He is accused of criminally asand the employes of the bank retained saulting Bertha Shrieve, a girl eighteen are Richard Farland, teller; B. W. Bag. years of age, employed as a domestic at gess and Pearl Holden. bookkeepers and the Deison house. She appeared before Miss Carrie Fordyce, stenographer. Magistrate Riley and caused the warrant The opening was under auspicious cirto be issued. Butcher was arrested on cumstances and at the close of the day Second street Wednesday morning by more than three times as much money Con-table Edgell and placed in jail to had been deposited as was checked out await trial. and there was every sign of restored The Shrieve girl says Butcher took confidence. her out riding in a buggy Monday even The resumption of business by that in ing. They drove out the Weston road stitution in so short a time is hailedand in a secluded spot, she claims he with delight by many of the business overpowered her and then committed men of the county and is an evidence of the assault. what masterly achievements the business men of this community are capable of. That the institution will have a BURGLAR bright and prosperous future and be of great service in promoting the commerFATALLY SHOT cial and industrial interests of the county there is no shadow of doubt. Receiver Robinson Talks. By a Wheeling Officer As Latter Caught When seen by a representative of the Him Burglarizing a Confectionary Store. elegram Wednesday, Mr. Robinson said "The closing of the Traders National By Associated Press. Bank was one of the unpleasant duties incident to the position of a National Wheeling, W. Va. April 13-William Bank Examiner. It was a duty I was Conners was fatally shot this morning obliged to perform. Every act of the at an early hour by Officer Woodward, Comptroller of the Currency, and myself as Conners was trying to burglarize a as a representative of his office, has been confectionary store. Connors had just arrived from Louisville. in the interest of the depositor and I am glad to state that all depositors will be paid in full with legal interest. "I desire to thank the debtors to the SCHMULBACH bank, who responded so promptly to my call for what was due the bank. The May Be One of the "Big Four" From This fact that L pressed payment and the State to the Republican National Convention. public responded to the amount of $300.000 enabled the bank to reorganize and open. The receiver does not collect on By Associated Press. per centage, as some people think. Not Charleston, W. Va., April 13 - It is a suit was bronght, not a business susnow conceded that Senators Elkins and pension resulted from my persistent ef Scott and J.T. Caldwell. of Huntington, forts to collect. I was careful to hurt will be three of the delegates-at-large to no one. but always anxious to protect the National Republican convention. There is a nice contest for fourth every interest of the depositor. "I leave the bank in good hands and place between Governor White and Unit with available funds to meet any deed States District Attorney Atkinson: 1 mands that will be made upon it. with the possibility of Col. H. Schmul am glad of the reopening of the bank bach. of Wheeling, beating them both. and leave your city for Pennsylvania Senator Scott will probably be tempor to engage in my work as Examiner. ary chairman and deliver the key note "I want to thank the press of the city of the campaign in his speech to-mor for the very considerate way in which row when the convention assembles, they have spoken of the bank during GRAND BALL AND SOCIAL. the receivership, and the uniform cour teous treatment to me personally." This is the night for the grand ball

17. April 14, 1904 Evening Star Washington, DC
Article from Evening Star, April 14, 1904

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West Virginia Bank May Reopen. The controller of the currency has authorized the Traders' National Bank of Clarksburg, W. Va., to reopen for business. This bank suspended February 2. The board of directors has been reorganized and increased, and the stockholders have authorized an increase in the capital of the bank to $200,000, which increase has been paid in full. The controller states that the bank is now in a perfectly solvent condition, with an unimpaired capital, and resumes business under most favorable aupices

18. April 15, 1904 The Clarksburg Telegram Clarksburg, WV
Article from The Clarksburg Telegram, April 15, 1904

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When seen by a representative of the Leiegram Wednesday, Mr. Robinson said "The closing of the Traders National Bank was one of the unpleasant duties incident to the position of a National Bank Examiner. It was a duty I was obliged to perform. Every act of the Comptroller of the Currency, and myself as a representative of his office, has been in the interest of the depositor and I am glad to state that all depositors will be paid in full with legal interest. "I desire to thank the debtors to the bank, who responded so promptly to my call for what was due the bank. The fact that I pressed payment and the public responded to the amount of $300,000 enabled the bank to reorganize and open. The receiver does not collect on per centage, as some people think. Not a suit was brought. not a business suspension resulted from my persistent ef. forts to collect. I was careful to hurt no one, but always anxious to protect every interest of the depositor. "I leave the bank in good hands and with available funds to meet any deI mands that will be made upon it. am glad of the reopening of the bank and leave your city for Pennsylvania to engage in my work as Examiner. "I want to thank the press of the city for the very considerate way in which they have spoken of the bank during the receivership. and the uniform courteous treatment to me personally."

19. April 16, 1904 The Irish Standard Minneapolis, Saint Paul, MN
Article from The Irish Standard, April 16, 1904

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Bank Allowed to Reopen. Washington, April 14.-The comptroller of the currency authorized the Traders' national bank of Clarksburg, W. Va., to reopen for business. This bank suspended February 2, 1904.

20. April 20, 1904 The Star Reynoldsville, PA
Article from The Star, April 20, 1904

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Clarksburg Bank to Reopen. The Comptroller of the Currency authorized the Traders National bank of Clarksburg, W. Va., to reopen for business. This bank suspended February 2, 1904. The board of directors has been reorganized and increased and the stockholders have authorized an increase in the capital of the bank to $200,000, which increase has been paid in full. The comptroller states that the bank is now in a perfectly solvent condition.

21. January 5, 1905 Iron County Register Ironton, MO
Article from Iron County Register, January 5, 1905

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Business Failures Jan. 14-Auburn (Ind.) Farmers' bank. 16-Mt. Ayr (la.) Citizens' bank; $450,000. 22-Cleveland (0.) Produce Exchange bank and branches at Belford, Hudson and Defiance. 23-Elkhart (Ind.) Nat. bank. 80-New York, A. B. Baxter & Co., cotton brokers; $2,000,000. Feb. 2-New Orleans, Kirby Lumber Co. and Houston Oil Co. Clarksburg (W. Va.) Traders' Nat, bank. 9--McGruder (Tex.) Citizens' Nat. bank. 10-New York Equitable Nat. bank Bank of Dunn, N. C. 11-Syracuse (N. Y.) Exchange Nat. bank; $500,000. 15-Pella (Ia.) Savings bank. 28-Opelika (Ala.) bank; $150,000 Tanton (Mass.) bank; $600,000. Mar. 2-Le Sueur (Minn.) bank; $95,000. 11-Garden Grove and Coin (Ia.) banks. 18-Daniel Sully, New York cotton king; $17,000,000. 2i-Lonaconing (Md.) Savings bank. 22-Riverside (Cal.) bank....E. O. Miller, banker, Providence, la National bank of Holdenville, Ind. T., suspends operations. 81-Union Trust, Boston: $1,600,000...Federal Trust. Cleveland; $1,000,000.

22. January 6, 1905 Middlebury Register Middlebury, VT
Article from Middlebury Register, January 6, 1905

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Business Failures Jan. 11-Auburn (Ind.) Farmers' bank. 16-Mt. Ayr (la.) Citizens' bank; $450,000. 22-Cleveland (O.) Produce Exchange bank and branches at Belford, Hudson and Defiance. 23-Elkhart (Ind.) Nat. bank. BO-New York, A. B. Baxter & Co., cotton brokers; $2,000,000. Feb. 2-New Orleans, Kirby Lumber Co. and Houston Oil Co. Clarksburg (W. Va.) Traders' Nat. bank. 9-McGruder (Tex.) Citizens' Nat. bank. 10-New York Equitable Nat. bank Bank of Dunn, N. C. 11-Syracuse (N. Y.) Exchange Nat. bank; $500,000. 15-Pella (Ia.) Savings bank. 28-Opelika (Ala.) bank; $150,000 Tanton (Mass.) bank: $600,000. Mar. 2-Le Sueur (Minn.) bank; $95,000. 11-Garden Grove and Coin (Ia.) banks. 18-Daniel Sully, New York cotton king; $17,000,000. 21-Lonaconing (Md.) Savings bank. 22-Riverside (Cal.) bank E. O Miller, banker, Providence, Ia National bank of Holdenville, Ind. T., suspends operations. 81-Union Trust, Boston: $1,600,000 Federal Trust, Cleveland: $1,000,000. Apr. 4-Capital Nat. bank, Guthrie, Okla.; $1,033,000 W. B. Mack, New York.