23175. First National Bank (Cheyenne, WY)

View Charter #1800 on SPMC

Bank Information

Episode Type: Run → Suspension → Reopening
Bank Type: national
Bank ID: 1800
Charter Number: 1800
Start Date: July 20, 1893
Location: Cheyenne, Wyoming (41.140, -104.820)

Metadata

Model: gpt-5-mini
Short Digest: dd90059e

Response Measures

Full suspension, Books examined

Receivership Details

Depositor recovery rate: 57.9%
Date receivership started: 1924-07-09
Date receivership terminated: 1931-11-02
OCC cause of failure: Economic conditions
Share of assets assessed as good: 45.1%
Share of assets assessed as doubtful: 45.5%
Share of assets assessed as worthless: 9.4%

Description

A run on the First National Bank of Cheyenne was precipitated by the failure/suspension of the private banking house of T. A. Kent on July 20, 1893. The First National suspended the same day and J. W. Foster (examiner) took charge. The bank was permitted to reopen by the Comptroller on Sept 9, 1893. Dates and details drawn directly from the supplied articles.

Events (5)

1. March 7, 1871 Chartered

Source: historical_nic

2. July 20, 1893 Run

Cause: Local Banks
Cause Details: Failure/closure of the private banking house of T. A. Kent precipitated depositor panic and heavy withdrawals from the First National.
Measures: Examiner J. W. Foster was appointed and took charge; bank examiners intervened to stabilize.
Newspaper Excerpt: The failure of the Kent Bank, this morning, precipitated & run on the other banks
Source: newspapers

3. July 20, 1893 Suspension

Cause: Local Banks
Cause Details: Heavy run on the bank following the voluntary failure/assignment of the local private bank (T. A. Kent) caused suspension of payments.
Newspaper Excerpt: Following the failure of the Kent Bankinghouse, the First National suspended at 2:30 o'clock owing to a heavy run. J. W. Foster was appointed bank examiner and has taken charge.
Source: newspapers

4. September 9, 1893 Reopening

Newspaper Excerpt: The First National Bank of Cheyenne, Wy., ... have to-day been permitted to reopen.
Source: newspapers

5. July 9, 1924 Receivership

Source: historical_nic

Newspaper Articles (23)

1. July 21, 1893 The Indianapolis Journal Indianapolis, IN

Article from The Indianapolis Journal, July 21, 1893

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Other Failures. NEW YORK, July 20. - -David McClure has been appointed receiver for the Truth Company, on the application of Charles Eddy, Lonis Ettlinger and Gustave H. Buck, directors, for a dissolution of the company. It was incorporated Dec. 10, 1892, with a capital stock of $200,000. succeeding to the business previously carried on by the News Letter Company. and issued bonds to the amount of $100,000. SHARON. Pa., July 20.-Sheriff Burnett. of Mercer, at the instance of attorney Ingersoll, of Cleveland, served writs of attachment on the Douglass Furnace Company, of Sharpsville, foreclosing judgments for $250,000 to-day. The failure is perhaps directly attributable to the recent assignment of Forsythe, Hyde & Co., of Chicago, by which firm the furnace has been operated. CANON CITY, Col., July 0.-When the hour for opening banks arrived this morning bassers-by were confronted with a notice on the doors of the First National Bank announcing that, owing to failures of Denver banks, it would have to suspend for a short time. CHEYENNE, Wyo., July 20.-The failure of the Kent Bank, this morning, precipitated & run on the other banks and this afternoon the First National Bank closed its doors. Liabilities, $502,000; assets $725,000. Both banks will probably reopen. NASHUA, N. H., July 20.-The Security Trust closed its doors this morning. The bank had not met with losses but stopped business on account of the withdrawal of deposits. It has deposits and surplus amounting to $250,000. GRAND JUNCTION, Col., July 20.-The First National Bank failed to open its doors this morning. A notice posted on the doors stated the liabilities to be $50,000. assets $108,000, leaving a balance of $58,000 in favor of the bank. FRANKFORT, Ky.. July 20.-Coi. E. H, Taylor,jr. the distiller, made an assignment to-day to the Lexington Trust Company. The liabilities are not given out but it is supposed that they are not nearly 80 large as the assets. COLORADO SPRINGS, Col., July 20.-The banking houses of J. R. Wheeler & Co., at Colorado City and Manitou, failed to open

2. July 21, 1893 The Herald Los Angeles, CA

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THE DENVER PANIC ENDED, No Further Bank Failures Expected. Banks in Outside Cities Now Collapsing. Thousands of Idle Men in the Silver Producing States. Hard Times Beginning to Be Felt in New England as Well as the West-Comptroller Eckels' Insulting Speech. By the Associated Press. DENVER, July 20.-There will be no more bank failures here now. The panic wore itselfontyesterday. Scarcely a dozen depositors were at the paying tellers' windows of the unsuspended banks at the opening this morning, while at the receiving tellers' windows were several strings of depositore, reaching nearly to the street and the money was going back into the bank vaulte almost as fast as it went out the past three dave. There may be a few commercial failures the next few days as the result of the bank failures, but it is believed no bad ones. It is stated the McNamara dry goods house, which failed Monday, has Bettled with its principal creditore, and will resume next Monday. The Flanders dry goods house was attached this morning. Its assets are estimated at $200,000; liabilities, $120,000. OUTSIDE BANK FAILURES. The banking house of J. B. Wheeler & Co. at Colorado City and Manitou, whose branch at Aspen closed yerterday, failed to open doors this morning. The assets and liabilities of the Colorado City institution are not known. The assets of the Manitou bank are $114,000 and liabilities $84,000. At Cafion City, the First National bank did not open this morning. and a notice was posted on the window that owing to the temporary embarrasement of the Colorado respondents of the bank, strain in resources and inability to furnish ready currency, the bank directors had decided to anspend payments. The assets are ample to more than meet the liabilities. At Grand,Junction the First National bank closed its doors this morning, not being able to realize on securities. The following notice was displayed: "Payment suspended. The people owe us $75,000. Our cash, bonds, securities and real estate is $33,000; total assets $108,000. We owe the people $50.000 et assets $58.000. No depositor will lose a cent. We will re-open as soon as we can realize on our securities.' THE PANIC STRIKES CHEYENNE. At Cheyenne, Wyo., the private banking house of T. A. Kent failed to open this morning. Most of the deposits were time claims, and but a few business houses were affected. A statement ia unobtainable. Following the failure of the Kent banking house, the First National euspended at 2:40, owing to a heavy run. J. W. Foster was appointed bank examiner and has taken charge. The asseste are $780,000, and liabilities, $525,000. Several attachments were issued this evening against Denver business houses, the principal being the Roberts Hardware company and the Livermore & Mayne Lumber company. The sums in any instance do not exceed $25,000. ECKLES PROMISES ASSISTANCE. WASHINGTON, July 20.-Comptroller Eckels sent a dispatch to the National bank examiner in Denver today in which he says: "I wish you would announce to the officers of the banks which have failed in Denver that it is my intention to lendthem every aid possible looking towards speedy resumption on their part, and that I shall grant them sufficient time to enable them to collect such amounts as are speedily collectable, but get together such amounts as will enable them to open on a email basis. The comptroller advises the citizens who have foolishly brought about the crisis by withdrawing funds to do the best they can toward repairing the damage by redepositing. He authorizes the examiner to employ assistants in collecting money to the end in view, and ordered Examiner McHugh of Iowa to assist him. Spea ing of the matter, he said the failures are not the fault of the bank officiale, but foolish lack of confidence on the part of the depositora. In all such casea he would help the failed banks to 19. sume. COLORADO'S IDLE LABORERS. DENVER, July 20.-The closing down of the silver minee, smelters, reduction works, coal mines, railwaye and factories has put the laboring classes in B deplor able condition. It is estimated that 10,000 idle mon are in Denver and 20,000 in the outside towns, half of whom are working their way here to become public charges. To avoid this the commercial bodies will ask the railroads to make a $5 rate to the Missouri river for this class. in expectation that thev may be able to get work on farms. It is estimated that Colorado, Utah, Montana and New Mexico have countermanded orders for goods in New York amounting to over $12,000,000. FREE TRANSPORTATION FURNISHED. , July 20.-In connection with a dispatch from Denver city today saying a citizens' committee would endeavor to induce the railroads to get a large number of idle men. now in Colorado east to the agricultural regione. an interesting dispatch came tonight from Hastinge, where 75 men took possession of the Burlington freight train, eaying they were from Denver and wanted to get east. When the superintendent was notified be directed the night yardmaster at Lincoln to make up a special train of empty box

3. July 21, 1893 The Morning Call San Francisco, CA

Article from The Morning Call, July 21, 1893

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sold until October, and no money can be realized until the spring. MILTON MILLS. July 20.-The agent of the Waumbeck Company has issued orders for the closing of the mills here for six months, as soon as the goods now in progress of manufacture are finished. The reason assigned is a lack of orders, except at ruinous prices. This is the first time in the history of the company that work had been ordered to cease on account of the condition of the markets, and the result will be a serious blow to many employes. PLATTSBURG, N. Y., July 20.-The Chateaugay Ore and Iron Company closed down to-day, as did also the Crown Point Iron Company's mines and ironmakers at Crown Point. The cause given is the dullness of the iron trade. Thousands of men are thrown out of employment. HARRISONVILLE, Mo., July 20.-The First National has suspended payment and is in the hands of the Comptroller of Currency. The liabilities are between $30,000 and $40,000. while the assets amount to $80,000. The stringency in the money market and the failure to realize on collateral were the causes of the suspension. CHICAGO, July 20.-It was stated in court to-day that the assets of Banker Hermann Schaffner, who recently committed suicide, would not pay over 12 1/2 cents on the dollar of the liabilities. NEW YORK, July 20.-David McClure has been appointed receiver for the Truth Company on the application of the directors of the company. It was incorporated in December, 1892, with a capital stock of $200,000, succeeding to the business previously carried on by the News Letter Company. NASHUA, N. H., July 20.-The Security Trust Company closed its doors this morning on account of the withdrawal of deposits. The depositors will be paid in full. The company has a capital and surplus of $250,000. SHARON, Pa., July 20.-The She riff has served attachments on the Douglass Fur Dace Company of Sharpsville, aggregating over $250,000. The chief creditors are Corrigan, Ives & Co. of Cleveland, $102,000. and the Wisconsin Marine and Fire Insurance Company, $125,000. The failure is attributed to the assignment of Forsythe, Hyde & Co., Chicago, by whom the furnace has been operated. CHEYENNE, July 20.-The private banking-house of T. A. Kent failed to open this morning. Most of the deposits were time claims and but few business houses were affected. A statement is not obtainable. Following the failure of the Kent Bankinghouse, the First National suspended at 2:30 o'clock owing to a heavy run. J. W. Foster was appointed bank examiner and has taken charge. The assets are $780,000 and the liabilities $525,000.

4. July 21, 1893 The Sun New York, NY

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Two Cheyenne Banks Suspend. CHEYENNE, Wy., July 20.-Two of Cheyenne's banks have suspended. The private banking house of T.A. Kent made a voluntary assignment. This precipitated a run on the two national banks of the city, which resulted in the suspension of the First National this afternoon. The Stock Growers' National met all demands. The liabilities of Kent's bank Aggregate $258.00 00, but three times this amount can be realized from the Assets placed in the hands of J. W. Foster. the assignee. 1 he First National Bank has a capital stock of $200,000. The liabilities are $502,000. and the assets $725,000. Mr. Kent and President F. B. Hicks of the First National both state that the banks will be able to resume as soon it is possible to realize upon securities.

5. July 21, 1893 Rock Island Daily Argus Rock Island, IL

Article from Rock Island Daily Argus, July 21, 1893

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THE SITUATION AT DENVER. Eckles Promises to Give 'Em Time and Things Look Better. CHICAGO, July 21.-The Denver financial flurry is about over. Comptroller of the Currency Eckles has telegraphed the United States bank examiner there to assure the officers of the suspended banks that he will give them time, and aid them in every way possible. He says no bank need fear severe measures by the government where the business has been properly conducted. The run at Colorado's capital is ended. A number of the bus ness houses losed will resume business at once, among them the Flanders Dry Goods company. Others who will resume are the Halleck-Sayre Lumber company and the Tucker Manufacturing company. On the other hand the Roberts-Henderson company and the Adams Manufacturing company have been attached. At other points the following failures have taken place: At Harrisonville, Mo., First National bank-will pay in full; Cheyenne, Wyo., Kent bank and First National-both will probably reopen; Warrensburg, Mo., Johnson County Savings bank-pay in full; Canon City, Colo., First National-pay in full; Grand Junction, Colo., First N tional-pay in full: Manitou and Colorado Springs, J. B. Wheeler & Co., bankers-plenty of assets.

6. July 21, 1893 Evening Star Washington, DC

Article from Evening Star, July 21, 1893

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National Bank Matters. The controller of the currency today appointed Mr. John P. Hopkins of Kensington, Chicago, III., receiver of the Chemical National Bank of Chicago, III. The controller has been advised that the First National Bank of Cheyenne, Wyo., has closed its doors to business, The controller of the currency has authorized the First National Bank of San Bernardino, Cal., and the First National Bank of Santa Ana, Cal., to reopen their doors for business, These banks have complied with the requirements imposed by the controller and are reported by the bank examiner to be in satisfactory condition with unimpaired capital. The controller of the currency has ordered a dividend of 30 per cent in favor of the creditors of the Evanston National Bank of Evanston, III. The checks for the payment of the dividend will be distributed on or about August 1 by the examiner at the bank of Evanston. The controller of the currency has been advised that the Farmers' National Bank of Henrietta, Tex., has closed its doors to business.

7. July 21, 1893 The Salt Lake Herald Salt Lake City, UT

Article from The Salt Lake Herald, July 21, 1893

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A Suspension at Cheyenne. CHEYENNE, Wy., July 20.-The private banking house of T. A. Kent failed to open this morning. Most of the deposits were time claims and but few business houses are affected. A statement is unobtainable. Following the failure of the Kent banking house the First National suspended at 2:30 owing to a heavy run. J. W. Foster was appointed bank examiner and has taken charge. The assets are estimated at $780,000, and liabilities $525,000.

8. July 21, 1893 Omaha Daily Bee Omaha, NE

Article from Omaha Daily Bee, July 21, 1893

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CHEYENNE BANKS FAIL. Doors of Two Institutions Closed for Want of Ready Cash. CHEYENNE, Wyo., July 20.-[Special Telegram to THE BEE.]-The banking house of T. A. Kent failed to open this morning. In one of the windows was a card announcing that the bank was in the hands of an assignee. The last quarterly statement shows that the bank's resources were $258,527, while the liabilities were $219,352. This does not include real estate valued at over $50,000 or Mr. Kent's other private possessions, all of which have been turned over to his assignee. Under ordinary circumstances there would be no trouble experienced in liquidating all the debts of the concern and leaving a handsome balance. The failure of this bank to open caused runs on other banks, which resulted at 2:20 o'clock in the suspension of the First National. Its assets are over $700,000, while its liabilities are $500,000. J. W. Foster has been appointed examiner of the First National, which is expected to open again in a few days. Much of the money tied up in Kent's bank was state, county and city money. The effect will be disastrous for the time, but not permanent, as the treasurers of all three are men of means and able to endure the loss, if loss there be.

9. July 22, 1893 The Morning Call San Francisco, CA

Article from The Morning Call, July 22, 1893

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WORST IS OVER. Comptroller Eckles Says the Panic Has Petered Out. WASHINGTON, July 21. - -The Comptroller of the Currency is still of the opinion that the worst is over and that the failures represent nothing more serious then temporary inability to pay out unusual sums of money that could have been provided had the panic-stricken stockholders given reasonable notice. The day opened propitiously by instructions to two California national banks, the First of San Bernardino and he First of Santa Ana, to open for business. These banks have complied with the requirements of the law and are reported by the Bank Examiner in a satisfactory condition with unimpaired capital. The offers of silver to the treasury today aggregated 670,000 ounces, at 70 to 71 1/2 cents. Thirty thousand ounces were purchased at 70 cents. The Comptroller has received notice of the failure of the First National Bank of Cheyenne, Wyo., and the Farmers' National Bank at Henrietta, Texas. The Comptroller had advices this afternoon from Cheyenne that the banks there stand firm. The excitement has ended and no more trouble is feared.

10. July 22, 1893 The Madison Daily Leader Madison, SD

Article from The Madison Daily Leader, July 22, 1893

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Result of a Run. CHEYENNE, Wy., July 22.-The private banking house of T. A. Kent has suspended. There has been a steady run for some weeks and closing was inevitable. This precipitated a run on the other banks and the First National closed its doors during the afternoon.

11. July 22, 1893 New-York Tribune New York, NY

Article from New-York Tribune, July 22, 1893

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NEWTROUBLEIN MILWAUKEE THE COMMERCIAL BANK MAKES AN AS SIGNMENT. IT HAD BEEN LOSING DEPOSITS-THE CRASH DIRECTLY DUE TO THE ATTACHING OF IRON HELD AS COLLATERAL--OTHER INSTITUTIONS GO UNDER. Milwaukee, July 21.-The people about the Court. house were thrown into a state of consternation about 10:30 o'clock this morning when an attorney jumped up the stairs two steps at a time leading to the office of the clerk of the courts and filed a voluntary assignment of the Commercial Bank. This haste was owing to a number of creditors who were hard on his heels with attachments and executions to file. The assignee appointed in the papers filed is A. R. Gellfuss, the cashier of the bank, and his bond is placed at $1,200,000. This was given by Albert Conro, Charles F. Pfister and E. Mariner. The entire fund of Milwaukee County, amounting to $310,624. was deposited in the Commercial Bank. The newly organized Milwaukee Electric Railway Company was also a depositor to the extent of $200,000. The last statement of the bank showed the demand deposits to amount to $557,748 22, and the time deposits to $528,915 22. The assets were $1,656,850, of which $1,315,278 was in loans and discounts. The bank has a capital of $250,000. The following are the principal stockholders: A. B. Gellfuss, $22,000; E. R. Paine (president), $20,000; J. P. Pierce, $14,000; J. G. Flint (vice-president), $11,000; H. M. Benjamin, $11,000; W. H. Timlin, $10,000; John Kremer, $10,000; A. L. Kane, $10,000; F. Schlesinger, $10,000; Harry Reubens, $10,000; A. H. Wagner, $7,500. During the financial flurry a month ago, caused by the Lappen failure, resulting in the suspension of the Plankinton Bank, there was a run on the Commercial, but It has been generally believed that the Institution would weather the storm. As there has been no trouble here for some time, the assignment this morning was a great surprise. It had no effect on the other banks. The direct cause of the suspension of the bank at this time is attributable to the failure of the Douglas Furnace Company of Sharpesville, Penn., of whose certificates of stored pig iron the Commercial had about $130,000. It 1s declared that somebody, ignoring those certificates, had the Sheriff attach the iron. W. H. Timlin, the legal representative of the Commercial, when asked about the situation, said If those certificates are genuine, as they are supposed to be, we shall be all right. If we can get the pig iron the warrants call for, and to which we are legally entitled, we shall come out O. K. The deals with the Pennsylvania concern have been through the Schlesinger people." For some time depositors in the Commercial Bank have been quietly withdrawing their money from it until there was, at the time of closing the institution, only about $30,000 of demand certificates on hand. Some of the heavlest depositors had reduced their deposits greatly. One corporation, which had at times as high as $50,000 in the bank on deposit, had only 11 cents there when the doors were closed. Tacoma, Wash., July 21.-The Traders' Bank of Tacoma failed to open for business this morning. The suspension is due to its inability to procure ready money. Its securities are sufficient to pay all obliga¹tions and to leave a large surplus. Without any run or excitement the deposits of the bank have, by a steady drain, been reduced since October over 80 (per cent. It is expected that arrangements will be made to resume business within a short time. . Warrensburg, Mo., July 21.-The Johnson County Savings Bank suspended at noon yesterday, and will go into the hands of a receiver. The bank has ample funds, but inability to collect and the heavy runs caused the failure. The officers say that the depositors will be paid in full. Harrisonville, Mo., July 21.-The First National Bank of Harrisonville, suspended payment yesterday morning, and is in the hands of the Controller of the Currency. The capital stock is $50,000, assets between $80,000 and $90,000. liabilities between $30,000 and $40,000. Stringency of the money market and failure to realize on collateral are the causes of the suspension. 88 Washington, July 21.-The Controller of the Currency learned to-day that the First National Bank of Cheyenne, Wyo., had failed. .

12. July 22, 1893 St. Paul Daily Globe Saint Paul, MN

Article from St. Paul Daily Globe, July 22, 1893

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Runs Have Ceased. WASHINGTON, July 21.-The comptroller of the currency advises this afternoon from Cheyenne, Wyo., that the banks there stand firm. Excitement is ended and no more trouble is feared. Today's deposits far exceed the withdrawals. The examiner in charge of the First National Bank of Cheyenne wires the comptroller that no more trouble is apprehended there, and that depositors who withdraw their money from the First National bank are now depositing it with the Stock Groweas' National bank. Runs on both banks have ceased.

13. July 22, 1893 The Record-Union Sacramento, CA

Article from The Record-Union, July 22, 1893

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banks have for the present refused the offer of the Indian Government to purchase silver tendered after the closure of the mints to free coinage. It is understood the banks will dispatch a delegate to Simla to represent their case to the Government and ask that the offer be left open meantime. The Pioneer, always a steady suppprter of the Government, commenting upon the financial policy regarding the sale of council drafts, says if it were not imbecility that prompted the course taken, it was affectation of imbecility for the purpose of concealing a motive that cannot be confessed. LONDON, July 21.-In the Commons today, Gladstone, replying to a question, said he did not agree with the assumption that the new monetary policy in India would create a large demand for gold, which would possibly result in the further rise in the price of that metal. SILVER PURCHASES. 1 WASHINGTON, July 21.-The offers of silver to the Treasury to-day aggregated 670,000 ounces, at 70 cents to 71 ₂ cents. Thirty thousand ounces were purchased at 70 cents. SILVER EXPORTS. NEW YORK, July 21.-Two hundred and ninety-five ounces of silver and 40,000 Mexican dollars will be shipped to-morrow. WYOMING AND TEXAS FAILURES. WASHINGTON, July 21.-The Comptroller has received notice of the failure of the First National Bank in Cheyenne, Wyo., and the Farmers' National Bank at Henrietta, Texas. y FAILED TO OPEN. TACOMA (Wash.), July 21. - The S Traders' Bank failed to open its doors 0 this morning. The notice posted on the door states that the bank is closed temporarily on 00 account of the dullness of the money e market, the withdrawal of funds and inability to realize on assets. d STRINGENCY IN NAPA COUNTY. n NAPA, July 21.-The financial string-6 ency throughout the country is affecting to the manufacturing industries of Napa. al Owing to the lack of demand for its to manufactures the woolen mill has been compelled to reduce its force, and as soon 1as the present stock of raw material is 10 worked up, which will be about the first be of next month, the mill will shut down entirely until times get better, thus n throwing out of employment about fifty d persons. of At the Sawyer Tanning Company the force in the finishing department is being reduced, and it is expected that by Saturne

14. July 26, 1893 The Indiana State Sentinel Indianapolis, IN

Article from The Indiana State Sentinel, July 26, 1893

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Cheyenne Banks Firm. The comptroller of the currency received advices this afternoon from Cheyenne, Wyo., that the banks there stand firm. Excitement is ended and no more trouble is feared. Today's deposits far exceed the withdrawals. The examiner in charge of the First national bank of Cheyenne writes the comptroller that no more trouble is apprehended there and that the depositors who withdrew their money from the First national bank are now depositing it with the Stock Growers' national bank. Runs on banks have ceased.

15. July 27, 1893 The Farmers' Union Memphis, MO

Article from The Farmers' Union, July 27, 1893

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RAILROAD RATTLE. VARIOUS MATTERS OF INTEREST TO THE PUBLIC. Danger in Insecticldes-Several Perish by Drowning - Another Milwaukee Bank Forced to Suspend-Cleveland Alarmed Over Her Local Pork Supply. Told In a Few Words. -The attempts to whitewash cut-rate Eastern lines at the New York meeting has disgusted Chicago passenger officials. Reductions by Southern roads are not satisfactory and the outlook is for a still more extensive cut all along the line soon. Stockholders of the Galveston and Western Railroad will Increase the capital stock to $2,000,000 and make an Eastern extension Only three of the twelve members of the trans-Missouri freight rate committee attended the Lake Minnetonka meeting. -Cleveland health authorities have become convinced of the need of a microacopical Inspection of all pork killed for consumption In that city in order to detect triching, and Dr. G. F. Leick, health officer, is already taking steps toward organIzing a system of inspection. At present the United States Government inspects Dork for export, but refuses to look after the meat used by American citizens at home -Misses Elizabeth Walters and Mabel Hallet were drowned while bathing in the surf at Shell Bank. Long Island. -The Milwaukee (Wis.) Commercial Bank made a voluntary assignment. The assignee Is A. B. Gellfuss, the cashier of the bank, and bis bond is placed at $1,200,000, The entire fund of Milwaukee County, amounting to $310,624, was deposited In the Commercial Bank. Another big depositor was the newly organized Milwaukee Electric Railway Company, to the extent of $200,000. -Interest centers in the coming action of the Indiana board of tax equalization and what will be done with railroads. -Western lines came within one vote of making reduced World's Fair rates. A compromise is expected -By an explosion of dynamite to a shanty in Minneapolis Gus Olson was blown into fragments. -William Napler and family, of Columbus, Ohio, were badly poisoned by eating cabbage spread. on which paris green had been -William Crane, of Lakeside, Minn., was washed off a capsized boat in Lake age. Superior and drowned. He was 24 years of -The First National Bank of Anthony. Kan., has closed Its doors and posted is notice of suspension. -Secretary Carlisle. accompanied by his family. returned to Washington after an absence of three weeks at the World's Fair. The Exposition. Secretary was much pleased with the -A. M. Rogers, a traveling salesman for a Chicago shoe house, was flogged at Cooburn. Va., by a mob because he was atleged to have Insulted the daughter of the railroad agent at that place -The Royal Bohemian National Opera Company bas been engaged for a twenty weeks' tour of America. The season will open In New York In October, The company will produce but one opera. "Prodana Nevresta" (*The Sold Briden). by Emetana, a Bohemian composer. -A large consignment of tobacco was Deized at Philadelphia Importers had given an undervaluation. -A. J. Drexel's will has been probated. Fome of his $30,000,000 was given to charity and much more to heirs. collapsed. --The plate-glass trust has practically -One thousand boller-makers at St, Louis have struck for a nine-hour day at ten hours pay. -An incendiary fire almost wiped Ewing, Mich., out of existence The loss is between $150,000 and $250,000. It is reported that a man suspected of being the firebug was lynched. -Bogard. the St. Louis real estate man alleged to have defrauded the members of several building associations of which he was secretary. has been arrested and placed under $1,500 bail. --The village of St. Anne de la Perade, near Quebec, was completely destroyed by fire. Sixty families are made homeless and the money loss will reach several hundred thousand dollars. The First National Bank and the Kent Bank at Cheyenne, Wya. have failed. The First National has a paid-upcarital of $200,000, The liabilities are $502,000 and the assets $725,000. Both banks will probably reopen. -Obituary: Washington. General John G. Walker, aged 70 -At Worcester, Mass. Charles F. Washburn. head of the barbedwire manufacturing firm of Washburn & Moen, aged 66. -At Pittsburg Henry A. Hoffman, aged 32 years, committed suicide while standing in front at a looking-glass Hoffman spent all of his leisure time working on patents, many of which were successful. His last conception was a glass bottle to be used for patent medicines. which could not be refilled when once the original contents had been removed. For several weeks Hoffman had been melancholy. but at DO time bad his condition been considered serious. -Prizefighter Corbett threatens to sue the Chicago Evening Post for $100,000 for damages alleged to have been dore to his "reputation" by the publication of articles about himself and the exhibition in which he takes part in the Midway Plaisance -It is reported that a fight took place

16. July 28, 1893 The Bolivar Bulletin Bolivar, TN

Article from The Bolivar Bulletin, July 28, 1893

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THE FINANCIAL FLURRY. The Worst Thought to be Over-The Bank Failures Represent Nothing More than Temporary Inability to Pay Out Unusual Sums on Unusually Short Notice. WASHINGTON, July 21.-Secretary Carlisle will not be at the treasury department until to-morrow morning. Mr. Eckles, the comptroller, is still of the opinion that the worst is over, and that the failure of a majority of the national banks that are insolvent represents nothing more serious than temporary inability to pay out unusual sums of money that could have been provided had the panie-stricken shareholders given reasonable notice. The comptroller received notice that the Second national bank of Ashland, Ky., which closed its doors June 31, reopened for business on July 19, having complied with the requirements of the law. The opening day the deposits amounted to $4,748, and withdrawals, $2,500. News that the First national bank of Cheyenne, Wyo., had failed was received. The comptroller to-day appointed John P. Hopkins, of Kensington, Chicago, receiver of the Chemical national bank of Chicago. Reports received from nearly all the national banks in New York city show them to be in excellent condition notwithstanding the great demands that have been made on them.

17. July 28, 1893 The Times Owosso, MI

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'he News Condensed. Important Intelligence From All Parts. DOMESTIC. IN Colorado the J. B. Wheeler Bank g company at Aspen, the Bank of erling at Sterling, and the Bank of veland at Loveland, have assigned. JOHN SWARTOUT. of Morrison, Ill., eted for the murder of hisfather, jail of consumption. THE Milburn wagon works at Toledo, , employing 1,500 men, the largest itution of its character in the United ates, closed down for six months. MRS. CONRAD VEILHAM, of Tonawan , N. Y., has fallen heir to $4,000,000 rough the death of an uncle in India DURING the twelve months ended ne 30, 1893, the number of immigrants riving in the United States was 497, 3,and during the corresponding period the preceding year 619,320 arrived. A FIRE at Susanville, Cal., resulted e destruction of sixty buildings and used a loss of about $250,000. CoL. BENJAMIN F. JOHNSON, one of e leading attorneys of Kansas City, an., was shot down in the streets and stantly killed by A. W. Little, one of e most prominent citizens of the wn. Financial trouble was given canse. e AN incendiary fire at Greenville, Miss., used a loss of $100,000. THE National bank at Hutchinson, in., failed with liabilities of $131,000 d the Bank of Parker and the Woodn bank of Yates Center, in the ate, closed their doors. THREE sons of Mr. Lave, of Gregg unty, Tex., robbed their father of 2,000 and fled. Two were caught. LIGHTNING killed James Witts' two ildren while they were standing un r a tree during a shower at Sadlers lle, Tenn. THE pension office in Washington tes that the total number of penners dropped from the rolls since arch 4, 1893, was 245, and that the tal number of pensioners suspended ce March 4, pending a further invesration of their cases, was 5,090. IN a freight wreck near Jonesboro, ., Engineer Ben Wade, Fireman Joe mmis and Brakeman J. W. Marshall ere killed. BANK failures were reported as fol ws: First national at Harrisonville o., Oklahoma national at Oklahoma, rst national at Anthony, Kan., Bank Belleville, Kan., First national reeley, Col., National at Grand June on, Col., First national at Cheyenne, yo., and First national at Canyor ty, Col. OVER 30,000 men were idle in Colo do as a result of the closing down of ver mines, and it was feared that eat suffering would follow. IN territory near Toledo, O., aban ned thirty years ago as practically orthless, oil has been struck in im ense quantities. By the explosion of a gasoline stove ar Cincinnati John Ulrich, wife ild were fatally burned. THREE men were burned to death by dden flow of ignited oil at wells O ADVICES from Pittsburgh, Pa., at the plate glass trust has collapsed d that the many idle factories roughout the country will resume erations. THE Flanders dry goods house enver failed for $125,000. and will of the late Anthony

18. July 29, 1893 Arizona Weekly Citizen Tucson, AZ

Article from Arizona Weekly Citizen, July 29, 1893

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portado this morning. The comptroller received notice of the failure of the First National bank of Cheyenne and Farmers National bank at Henriqueta, Texas. TACOMA, Wash., July 21.-The Traders' bank failed to open its doors today. COLORADO NI DENVER, Colo., July 21.-No more failures are announced here today and none are expected. Confidence is being rapidly restored. Offers of assistance from the eastern banks have been received but were not needed. REOPENED. SAN BERNARDINO, Calif, July 21.-The First National bank this morning reopened its doors for business. Up to eleven o'clock less than 850 was paid out while deposits amounting to over $12,000 were made. ASALAND, Ky., July 21.-A report has just been received from Wise county, Virginia, that a fight took place Wednesday in that county between state troops and the Fleemans' gang of outlaws, in which four soldiers were killed and SIX of the outlaws mortally wounded. LONG ISLAND, N. Y., July 21.-Two entire blocks of buildings making up the business portion of the First ward together with other property, burned early this morning. More than a hundred families are homeless. The loss, $800,000, includes in property destroyed St. Mary's Roma Catholic church, just 000'00E$ JO 1800 B at completed SAN FRANCISCO, July 21.-Captain Barrett, to whom was attributed the story that the Mohican had been disabled by the Alexandria, arrived here today on the Walla Walla. He denies that he ever made any such statement and says he does not believe the reported fight ever occurred. He thinks the seizure of the sealer Alexander by order of Captain Ladlow, of the Mohican, was the foundation for the story. WASHINGTON, July 21.-The decision of the United States supreme court in the case of the Union Pacific versus Goodridge has just been reported. It holds that all shippers must be treated by the carrier with absolute equality and distinctly recognized the right of the law-making bodies to regulate railways through railway commissions, especially that feature of the state and federal regelation which requires that carriers obtain permission of the commission before granting lower rates to persons and places. The case was brought under the state of Colorado, which prohibits discrimination in practically the same language employed in the interstate commerce law. Discrimination is charged in the shipments of coal to Denver. TRA v-17 stat "I T received here this morning from one of the Chectaws in jail at Wilburton, stating that one of the condemned men had been informed by Judge Holden that sentence would be suspended until 'I 1sn.Snv NEW YORK, July 10.-Late this aftera can of naptha exploded in the Cardboll 'II T Jo Factory pasq THEME uoou at 211 Wolworth street, Brooklyn, killAlpea pus '(I 'f Bug Samuel K. Campbell, John The Weiss,Jacob Weiss and Matthew Daring. building ascompletely wrecked. LONDON, July 21. - The American champion swimmer, McCusker, defeated easily the ex-champion English swimmer, Finney, at Blackpool. The match was for £200 a side. McCusker has been challenged by the English swimmer, Nuttal, to race one mile for epis 8 0001$ NEW YORK, July 20.-David McClure was appointed receiver for the Truth Publishing company on application of the directors for the dissolution of the company. It was incorporated in December, 1892, with a capital stock of $200,000, succeeding to the business previously carried on by the News Letter company. CHIHUAHUA, July 21.-The great smelter at Chihuabua, and the Santa Eulalia mines, for which it was recently built, has shut down to await a rise in the price of silver. There has been a great decrease in amount of ores shipped from Mexthe ican mines to smelters in the United States during the past few weeks. MILTON MILLS, N. H., July 21.-The agent of the Waumleck company issued orders closing the mills here for six u! MOA spood the SB 0008 SB process of manufacture are finished. The reason assigned is lack of orders, except at ruinous prices. This is the first time in the history of the company that the works have been ordered to cease on account of the condition of the market, and the result may be a serious blow to the many employes. ASHINGTON, July 21.-Four hundred and fifty-four thousand ounces of silver were offered for sale to the treasury department today at prices ranging from seventy-one and a half to seventythree. Seventy-five thousand ounces were purchased at seventy-one and a half, the balance being declined and the same rate tendered. This makes the total purchases of silver for the month thus far 1,023,000 ounces. ASHINGTON, July 20.-While Treasurer Morgan is non-committal on the report that a defalcation exists in that the

19. August 11, 1893 The Sun New York, NY

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A Cheyenne Bank Plans to Resume. CHEYENNE. Wy., Aug. 10.-The officials of the First National Bank of Cheyenne have obtained the consent of Comptroller Eckels to resume business as soon as the depositors sign an agreement to accept certificates of deposit in settlement of their claims. similar to the plan submitted to the creditors of suspended national banks in other cities. Creditors representing a large per cent. of the depositors have already signed the agreement.

20. September 9, 1893 The Helena Independent Helena, MT

Article from The Helena Independent, September 9, 1893

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TELEGRAPHIC BREVITIES, BERLIN. Supt. 8.-The Rhine has been officially declared infected with cho.c.c BALDWIN, Wis., Sept. 8.-Two blocks of busine B and dwelling houses burned last night; loss. $100,000. Many families are homeless. VINTON, Iowa, Sept. 8.-Hon. Joseph Dysart, of Dyeart, aied this morning. He WAS lieutennnt-governor of this state from 1874 to 1878. CAYUCOS, Cal., Sept. 8.-This town was nearly wiped out by fire this morning; twenty business structures were destroyed, only two being left. NEW YORK, Sept. 8.-The receiver of the W. ecked Comme cial bank says the institution lost $160,000 th ough investment in the Kevin will Colorado CHICAGO, Sept. 8.-Jake Schaefer and Frank Ives are matched to play a game of fourteen-inch balk line billiards for $2,500 8 side. Nov. 28 to Dec. 2, inclusive. LONDON. Sept, 8.-Frances Willard. the great temperance spostle, who hns been in England some months, is still ill, and will be compelled to abandon all work for a year. WASHINGTON, Sept. 8.-The amount of silver offered to the treasury department to day aggregated 115.000 ounces. 88 from 75 to 76 cents. All declined and 741/3 tendered. AKRON, O., Sept. .-The Adams express office WAS robbed night. evidently by persons familiar with the office. It is reported they secured over $7,000. 1hree arrents have been made on suspicion. NEW YORK. Sept. 8.-Leila Popper, nee Halleck, who committed suicide in Chicago, lived at Moriches, Long Island. Ene married Borthold Popper, aged 21, Sept. 6. He DAVE his birthpiace as Los Angeles. CHEYENNE, Wyo.. Sept. 8.-This evening Bank Examiner Foster received a telegram from the compt oller of currenor authorizing him to turn the First National bank over to its office. The bank will resunio business in the morning. CAMDEN, Ark., Sept. 8.-Bill Smith, a negro who murdered Farmer Pierce in this county last fall, and who WAR twice respited, paid the penalty of his deed on the sonfloid this morning. Smith made A full confession on the soaffold, implicating his son-in-law, Ishan Turner and a woman.

21. September 10, 1893 The Sun New York, NY

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National Banks Resume. WASHINGTON Sept. 9.-The First National Bank of Cheyenne. Wy., and the Oregon National Bank or Portland. Or., which suspended recently. have to-day been permitted to reopen.

22. September 10, 1893 Grand Rapids Herald Grand Rapids, MI

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BANKS RESUMM BUSINESS. Milwaukee National and Several West. ern Institutions to Reopen. MILWAUKEE, Sept. 2-The Milwaukee National bank, which closed last July, will resume Sept. 25, with capital stock increased to $500,000. WASHINGTON, Sept. 9.-The First Na. tional bank of Cheyenne, Wy., and the Oregon National bank of Portland, Ore., which suspended recently, have today been permitted to reopen.

23. September 11, 1893 Evening Journal Wilmington, DE

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MERRY HUM OF MACHINERY, Sweet Masic to the Ears of Thousan ds of Idle Wage-Earners. FALL RIVER, Mass., Sept. 10.-The following corporations will start up Monday : Barnard, Border City, Chace, Cornell, Granite, Hargraves, King Philip, Laurel, Lake, Narragansett, Osborn, Pocasset, Richard Borden, Sagamore, Shore, Slade, Stafford, Tecumseh, Troy and Union. The Merchants' Manufacturing Company will start up a week from Monday, and the Mechanics' as soon as the new engine is ready to run. Work on the new engines of the American Linen Mills is bein g rushed preparatory to a start. The Durfee Mills will not start for a time. All of these concerns will resume on a reduced scale of wages. The following is the print cloth statement; "Production, 90,000; deliveries, 96,000; stock, 452,000 sales, 101,000; spots, 44,000; futures, 57,000. Market steady. Price 2g cents for 64x64s. The Spinners' Association has agreed to accept a 9 per cent. reduction of wages and has ordered the distribution of $5,000 among spinners here who have been idle for four or five weeks. The Spinners' Union has $30,000 in its treasury, and this is the first time any money has been distributed. NEW BEDFORD, Mass.-A majority of the Mule Spinners' Association voted not to accept the 10 per cent. reduction recommended by the special committee, but as a two-thirds vote is required for a strike, and this was not obtained, the spinners will go to work at the reduc. tion. Preparations for a strike in the future were recommended. The weavers have not yet acted. t ST. LOUIS. hard times seem to be S over here. Many factories and shops idle three months ago have resumed. By a actual count 11,790 men will be "at work September 20 in factories and foundries that were frightened into closing by the of "hard times' panic. Every line of wholesale trade reports increasing orders, and some note an advance over s f sales of a year ago. LOUISVILLE.Ky. The Lippincott Glass Works and the Depauw Glass Works at Alexander, Ind., will resume October 1, and 1,300 men will be given employment. All the factories in the South will ba in full operation in a short time. e NASHVILLE, Tenn.-The First National e Bank, of this city, which suspended August 10, has been granted permission or to resume. It will open Monday. 0 PORTLAND, Oregon National Bank, of this city, has been permitted 10 to resume. ce CHEYENNE,Wy.T.-The First National re Bank, of this city, has the permission of es the Comptroller of the Currency to rein sume. CUMBERLAND, Md.-The Cumberland ne and Steel and Tin Plate Company is run he n'ng at full capacity. The only shutr down during the summer was one for ten rn days for repairs. PITTSBURG, Pa.-The Amalgamated Association has agreed to a reduction of 10 per cent. in the wire rod wage scale. The manufacturers wanted more, but will probably accept 10 per cent. The eewire and nail departments of the Olive ly & Roberts Works will be put in opera tion next week. us FORT WAYNE, Ind. - The electric light works, which have been closed for at two weeks for repairs, will resume Mon gh day morning, employing 400 men. Th of Standard Wheel Works, which have til been closed since June 30, will resume i he part Tuesday, and in full about September 20. MILWAUKEE, Wis -Thirty hands wer om added to day to the depleted force of th ith Chicago, Milwaukee aud St. Paul rail en road shops, and twenty five car inspect nd ors were put on to condemn cars an her send them to the repair shops. Repai tly work has been neglected all summer. ZANESVILLE,0.-TheRobinson Presse Glass Works has resumed. TROY-The Holmes & Idex collar fac ged tory, one of the largest in the trade, wi art, resume on full time cn Monday. It ha ons been closed six weeks. Mecker, Spo ast ter & Mecker's mill at Waterford wi ris, resume Monday. tley JOHNSTOWN, Pa.-The Cambria Iro on Company will resume Monday. Ove uty 3,000 men will be given employment. for LOWELL, Mass.-The Lawrence mill which employ 2,800 people, will start U on full time September 18. PEABODY, Mass.-Patrick Lenox & Co om extensive morocco manufacturers, will of resume Monday. EASTON, Pa.-The Lehigh Valley shop