A. A. Ball & Company (West Liberty, IA)

Episode Information

Episode UID
3275241791161
Episode Type
Suspension → Closure
Bank Type
trust
Bank ID
327524179 hash
Start Date
September 19, 1896
Location
West Liberty, Iowa (41.570, -91.264)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
30c5f87a13895637

Response Measures

None

Events (1)
1. September 19, 1896 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Inability to realize on assets led to assignment to C. E. Chase & Bro.; assets ~$90,000, liabilities ~$60,000.
Newspaper Excerpt
A. A. Ball & Co., bankers at West Liberty, Muscatine county, assigned to C. E. Chase & Bro. Inability to realize on assets was the cause of the failure.
Source
newspapers

Newspaper Articles (6)
1. September 20, 1896 The Wichita Daily Eagle Wichita, KS
Article from The Wichita Daily Eagle, September 20, 1896

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Article Text

LATE NEWS BY WIRE Items of General Interest From All Over the Universe. St. Cloud, Minn., eSpt. 19.-Bishop Martin Marty, appointed to succeed Bishop Sardetti in this diocese two years ago, died this morning. He has been ailing some months, but was at Luxemburg, this county, on Thursday. Bishop Marty was in the seventy-sixth year of his age. His death was due to heart failure and a complication of diseases from which he had been suffering for some time past. Salt Lake, Sept. 19.-Severe wind storms swept this valley last night, but no serious damage was done SO far as reported. Trees were uprooted, several buildings unroofed and telegraph communication temporarily interrupted. At Ogden fires broke out in several places, but all were controlled without loss, except one, which burned the warehouse of F. J. Kiesel & Co., with a loss of about $50,000. Springfield, Mass., Sept. 19.-Four powder mills at Hazardsville, Conn., were blown up today. Lightning struck one mill and the explosion set fire to the other three. No one was killed or injured. Thousands of panes of glass were broken in buildings of the town and the shock was so great that even at the distance of Springfield it was supposed to be an earthquake. Muscatine, Ia., Sept. 19.-A. A. Ball & Co., bankers at West Liberty, Muscatine county, assigned to C. E. Chase & Bro. Inability to realize on assets was the cause of the failure. The bank is fourteen years old, a private institution and had an extensive business. Its assets are given as $90,000, with liabilities of $60.000. It is said it will be able to pay dollar for dollar in time. St. Louis, Mo., Sept. 19.-As the result of an epidemic of typhoid fever a/t Jefferson Barracks, over ten sick and convalescent soldiers will be left behind when the troops start October 3 on their practice march. The epidemic is not abating. This morning there were fifty-four patients enrolled on the sick report. Many are so ill that recovery is almost impossible. The wards are so crowded that tents have been pitched on the grounds for the accommodation of the overflow.

2. September 24, 1896 Oxford Eagle Oxford, MS
Article from Oxford Eagle, September 24, 1896

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Article Text

CONDENSED TELEGRAMS ONE of the most destructive storms ever witnessed in Utah passed over Ogden on the 19th, leaving devastation in its path. THE postoffice department on the 19th issued an order prohibiting the use of the mails to the bucketshop operators of Chicago. GEORGE LANDRETH, farmer, 40 years of age, was found dead in his field on the 19th near Malvern, Ark. A. A. BALL & Co., bankers at West Liberty, Iowa, made an assignment on the 19th. Inability to realize on assets was the cause of the failure. THE monthly statement of collections of internal revenue issued on the 19th shows the total receipts for the month of August to have been $11,527,074, as compared with $12,169,855 during August, 1895. THE Atlanta, Ga., cotton mills were placed in the hands of a receiver on the 19th. JAMES T. SWIMMER, a full-blooded Cherokee Indian, and Harry Williams, colored, was banged at Tahlequah, I. T., on the 18th. CAPT. PITCHER, with Troop L of the First United States Cavalry, left Silver City, N. M., on the 18th for Deming to assist the marsball's posse in another attempt to capture a gang of border bandits which recently attacked the Mexican custombouse at Los Palomas. FOUR men were killed and a number of others badly injured on the 18th in 3 wreck on the Cincinnati, Hamilton & Dayton near Connersville, Ind. THE private banking house of Gardner. Morrow & Co., the oldest bank in Central Pennsylvania, closed its doors at Hollidaysburg on the 18th owing to a general depression in business. FAILURES for the past week have been 317 in the United States, against 213 last year, and 33 in Canada, against 33 last year. F. J. FOWLER of Stillwell, Ok., who had been in search of his runaway wife, found her in St. Joseph, Mo., on the 18th, andshot her and then shot himself THE packing-house of Armour & Co., of Chicago, on the 16th, received an order direct from the Japanese government for eighteen car loads of corned beef. How. JAMES M. ASHLEY, ex-congressman and territorial governor of Montons, died at Teledo, O., on the 10th

3. September 24, 1896 Reporter and Farmer Webster, SD
Article from Reporter and Farmer, September 24, 1896

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TELEGRAPHIC BREVITIES Items of General Interest Cut Up and Bolled Down, Killing frosts have occurred at points in the Northwest. Ex-Senator Spooner made a political speech in Milwaukee. A woman at La Crosse died twenty minutes after her marriage. Gov. Altgeld made a speech in Chieago against the gold standard. An authentic case of rabies has been discovered in West St. Paul. The present officers and directors of the Milwaukee have been re-elected. The Atlanta (Ga.) cotton mills have been placed in the hands of a receiver. Senator Thurston of Nebraska addressed an immense audience in a big tent in Chicago. Great preparations have been made In England for the entertainment of the ezar and ezarima. Prince Bismarek has written to Gev. Culberson of Texas in favor of an intenational bimetallie agreement. A case against the Chicago Great Western has been dismissed by the interstate commerce commission. The Meridan Flint Glass works at Anderson, Ind., burned last night. Loss. $75,000. It was the largest plant in the world. A. A. Ball & Co., bankers at West Liberty, Iowa. made an assignment to-day. Inability to realize on assets was the cause of failure. Joseph and William McLaughlin, aged seven and nine years, were run over by a brewery wagon in St. Paul and their injuries may be fatal.

4. September 25, 1896 The Columbia Herald Columbia, TN
Article from The Columbia Herald, September 25, 1896

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Mississippi Valley Trust company. Liabilities, $130,000; nominal assets, $200,000. A. A. Ball & Co., bankers at West Liberty, Iowa, assigned Saturday. Inability to realize on assets was the cause of the failure. Assets, $90,000; liabilities, $60,000. The Atlanta Cotton Mills, at Atlanta, Ga., have been placed in the hands of a receiver. The failure is attributed to the collapse of Coffin, Altemus & Co., of Philadelphia, several days ago. Fred Mehemert, proprietor of the Improved Extension Company, of Cincinnati, O., assigned Saturday. Liabilities, $60,000; assets, $100,000. The National Bank, of Troy, N.Y., closed its door Saturday. The capital stock is $200,000 and the deposits amount to $439,000. Depositors withdrew nearly $54,000 Friday, and the bank was unable to realize cash on their paper. Bradstreet's Review, for the week ending Saturday, Sept. 19, says: "The number of business failures throughout the United States this week is 315, which is seven more than last week, 97 more than in the corresponding week last year, 97 more than in the like week of 1894, 31 fewer than in the corresponding period of 1893, and not quite twice as many as in the like period of 1892."

5. September 29, 1896 The River Falls Times River Falls, WI
Article from The River Falls Times, September 29, 1896

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Miscellaneous. The present officers and directors of the Milwaukee have been re-elected. Killing frosts have occurred at points in the Northwest. The Atlanta (Ga.) cotton mills have been placed in the hands of a receiver. The hay crop of Kentucky is a failure. A case against the Chicago Great Western has been dismissed by the interstate commerce commission. The North Carolina Democrats, Populists and Silverites have agreed to fuse on a Bryan electoral ticket. At Portland, Me., John R. Gentry paced the fastest mile on record, in 2:00 1-2. The big Edgar Thomson steel works at Bradock, Pa., hadve resumed work after a short stoppage. They employ 3,000 men. A. A. Ball & Co., bankers, at WestLiberty, Iowa, made an assignment. Inability to realize on assets was the cause of failure. Nov. 7 was fixed as the date for the sale of the Thio Southern railroad by a decree of the court entered at Lima, Ohio, ast week. Unite States capitalists are negotiatwith 10 Russian government for ing the establishment of a rapid steamship service between San Francisco and Vladivostock Arthur Sewall, Democratic candidate for vice president, has withdrawn from membership and the president of the American Merchant Marine association.

6. October 9, 1896 The Pioneer Express Pembina, ND
Article from The Pioneer Express, October 9, 1896

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Miscellaneous. The present officers and directors of the Milwaukee have been re-elected. Killing frosts have occurred at points in the Northwest. The Atlanta (Ga.) cotton mills have been placed in the .hands of a receiver. The hay crop of Kentucky is a failure. A case against the Chicago Great Western has been dismissed by the interstate commerce commission. The North Carolina Democrats, Populists and Silverites have agreed to fuse on a Bryan electoral ticket. At Portland, Me., John R. Gentry paced the fastest mile on record, in 2:00 1-2. The Republican convention of the Tenth Massachusetts congressional district nominated for congress Rev. Samuel F. Barrows of Dorchester. The Hodgman Rubber company, New York city, has passed into the hands of a receiver. Assets, about $365,000; liabilities, not known. The big Edgar Thomson steel works at Bradock, Pa., hadve resumed work after a short stoppage. They employ 3,000. men. A. A. Ball & Co., bankers, at WestLiberty, Iowa, made an assignment. Inability to realize on assets was the cause of failure. Nov. 7 was fixed as the date for the sale of the Ohio Southern railroad by a decree of the court entered at Lima, Ohio, last week. United States capitalists are negotiating with the Russian government for the establishment of a rapid steamship service between San Francisco and Viadivostock. Arthur Sewall, Democratic candidate for vice president, has withdrawn from membership and the president of the American Merchant Marine association.