3376. New England Loan & Trust Co. (Des Moines, IA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
September 26, 1898
Location
Des Moines, Iowa (41.601, -93.609)

Metadata

Model
gpt-5-mini
Short Digest
5192b109

Response Measures

None

Description

Multiple newspapers (Dec 1898–Jan 1899) report: New England Loan & Trust Co., at Des Moines, Ia., into receiver's hands. No mention of a depositor run prior to suspension in these clippings. Date reported as Sep. 26 (1898) in several items.

Events (1)
1. September 26, 1898 Receivership
Newspaper Excerpt
Sep. 26-New England Loan & Trust Co., at Des Moines, Ia., into receiver's hands.
Source
newspapers

Newspaper Articles (10)
1. December 31, 1898 The Diamond Drill Crystal Falls, MI
Article from The Diamond Drill, December 31, 1898

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Article Text

BUSINESS FAILURES. Larger Commercial Concerns Involving Liabilities of $500,000 or More. Jan. 10-Port of Chalmette, near New Orleans, La., $2,000,000. 17-At New York, Wertheimer & Co., glove manufacturers, $800,000. Feb. -At Providence, R.J. locomotive works, $616,700. 23 Sawyer, Manning & Co., dry goods, New York and Boston, $1,000,000. Apr. 11-At Dolgeville, N. Y., Alfred Dolge & Son, piano supplies, $1,250,000. 27-At Boston E. Howard Clock & Watch Co., $500,000. Jun. 10-At Bangor, Me., L. B. Clark & Co., tanners, $550,000. 13-At Chicago, Joseph Leiter, gigantie wheat speculator. 16-At Boston, Woven Hose & Rubber Co., $1,200,000. Jul. 14-At Providence, R. I, John H. Mason & Sons, cotton manufacturers, $810,000 26-At Bridgeton, N. Y., Cumberland Nail & Iron Co. 27-Denver, Col., Paper Co. 30-At Boston, Hosmer, Codding & Co., boot & shoe dealers, $500,000. Sep. 26-New England Loan & Trust Co., at Des Moines, Ia., into receiver's hands. Oct. 1.-U. A. & J. Sawyer, woolen manufacturers, in Manchester, N. H., $1,000,000. 6-Bankers' & Merchants' Mutual Fire Insurance Co., at Liberty, Mo., assigned. 25-John Stephenson & Co., of N. Y., car builders, failed for $700,000. Nov. 3-T. B. Rayl, president of . 3 Rayl Hardware Co., of Detroit, fails for $1,500,000. 14-Turney & Jones Coal Co., and Penn. & O. Fuel Co., of St. Paul Minn., go into receiver's hands. Liabilities, $1,200,000. 17-Seidenberg, Steifel & Co., eigar dealers in New York, fail for $500,000. 25-At Woodbine, Kan., Grant C. Gillett, extensive cattle dealer, failsfor$1,000,000 29 George Jenkins, New York builder, fails for $710,388.

2. January 3, 1899 Hopkinsville Kentuckian Hopkinsville, KY
Article from Hopkinsville Kentuckian, January 3, 1899

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Article Text

of C., placed in hands received. Lisbili. ties, $100,690 RAILURES, Larger Commercial Concerns Involve Ing Liabilities or $300,000 or More. Jan. 10-Port of Chalmette, near New Or. leans, La, $2,000,000. 17-At New York, Wertheimer & Co., glove manufacturers, $300,000. Feb. 4-Ml Providence, R. 1., locomotive works, $616,700. 23--Sawyer, Manning & Co., dry goods, New York and Boston, $1,000,000. Apr. 11-At Dolgeville, N. Y., Alfred Dolge & Son, plano supplies, $1,250,000 27- -At Boston E. Howard Clock & Watch Co., $500,000. Jun. 10-At Bangor, Me., L. B. Clark & Co., tanners, $550,000. 13-At Chicago, Joseph Leiter, gigantie wheat speculator. 10-At Boston, Woven Hose s Rubber Co., $1,200,000. Jul. II-At Providence, R. L, John H. * Mason & Sons, cotton manufacturers, $810,000 26-At Bridgeton, N. Y., Cumberland Nail & Iron Co. 27-Denver, Col., Paper Co. 30-At Boston, Hosmer, Codding & Co., boot & shoe dealers, $500,000. Sep. 20-New England Loan & Trust Co., at Des Moines, la., into receiver's hands. Oct. I.-U. A. & J. Sawyer, woolen manufacturers, in Manchester, N. H., $1,000, 000. 6-Bankers' & Merchants' Mutual Fire Insurance Co., at Liberty, Mo., assigned. 25--John Stephenson & Co., of N. Y., car builders, failed for $700,000. Nov. 3-T. B. Rayl, president of f. 3 Rayl Hardware Co., of Detroit. fails for $1,500,000. 14-Turnev & Jones Coal Co., and Penn. & O. Fuel Co., of St. Paul Minn., go into receiver's hands. Liabilities. $1,200,000. 17-Seidenberg, Steifel & Co., cigar dealers in New York, fail for $500,000. 25-At Woodbine, Kana Grant C. Gillett, extensive cattle dealer, failsfor$1,000,000. 29-George Jenkins, New York builder, fails for $710,388.

3. January 3, 1899 Twice-A-Week Plain Dealer Cresco, IA
Article from Twice-A-Week Plain Dealer, January 3, 1899

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Article Text

BUSINESS FAILURES. Larger Commercial Concerns Involving Liabilities of $500,000 or More. Jan. 10-Port of Chalmette, near New Orleans, La., $2,000,000. 17-At New York, Wertheimer & Co., glove manufacturers, $800,000. Feb. 4-At Providence, R. I., locomotive works, $616,700. 23-Sawyer, Manning & Co., dry goods, New York and Boston, $1,000,000. Apr. 11-At Dolgeville, N. Y., Alfred Dolge & Son, piano supplies, $1,250,000. 27-At Boston E. Howard Clock & Watch Co., $500,000. Jun. 10-At Bangor, Me., L. B. Clark & Co., tanners, $550,000. 13-At Chicago, Joseph Leiter, gigantic wheat speculator. 16-At Boston, Woven Hose & Rubber Co., $1,200,000. Jul. 14-At Providence, R. I., John H. Mason & Sons, cotton manufacturers, $500,000. 26-At Bridgeton, N. Y., Cumberland Nail & Iron Co. 27-Denver, Col., Paper Co. 30-At Boston, Hosmer, Codding & Co., boot & shoe dealers, $500,000. Sep. 26-New England Loan & Trust Co., at Des Moines, Ia., into receiver's hands. Oct. 1.-U. A. & J. Sawyer, woolen manufacturers, in Manchester, N. H., $1,000,000. 6-Bankers' & Merchants' Mutual Fire Insurance Co., at Liberty, Mo., assigned. 25-John Stephenson & Co., of N. Y., car builders, failed for $700,000. Nov. 1-John H. Mason & Sons, cotton goods manufacturers, of Providence, R. I., fail for $810,000. 3-T. B. Rayl, president of T. B. Rayl Hardware Co., of Detroit, fails for $1,500,000. 14-Turney & Jones Coal Co., and Penn. & O. Fuel Co., of St. Paul Minn. go into receiver's hands. Liabilities, $1,200,000. 17-Seidenberg, Steifel & Co., cigar dealers in New York, fail for $500,000. 25-At Woodbine, Kan., Grant C. Gillett, extensive cattle dealer, fails for $1,000,000. 29-George Jenkins, New York builder, fails for $710,388.

4. January 5, 1899 Mexico Weekly Ledger Mexico, MO
Article from Mexico Weekly Ledger, January 5, 1899

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Article Text

BUSINESS FAILURES. Larger Commercial Concerns Invoire ing Liabilities of $500,000 or More. Jan. 10-Port of Chalmette, near New Or leans, La $2,000,000. 17-At New York, Wertheimer & Co., glove manufacturers, $800,000. Feb. 4-At Providence, R. I, locomotive works, $616,700. 23-Sawyer, Manning & Co., dry goods, New York and Boston, $1,000,000. Apr. 11-At Dolgeville, N. Y., Alfred Dolge & Son, piano supplies, $1,250,000. 27-At Boston E. Howard Clock & Watch Co., $500,000. Jun. 10-At Bangor, Me., L. B. Clark & Co, tanners, $550,000. 13-At Chicago, Joseph Leiter, gigantie wheat speculator. 16-At Boston, Woven Hose & Rubber Co., $1,200,000. Jul. 14-At Providence, R.I. John H. Mason & Sona, cotton manufacturers, $500,000. 26-At Bridgeton, N. Y, Cumberland Nail & Iron Co. 27-Denver, Col., Paper Co. 30-At Boston, Hosmer, Codding & Co., boot & shoe dealers, $500,000. Sep. 26-New England Loan & Trust Co., at Des Moines, la into receiver's hands. Oct. 1.-U. A. & J. Sawyer, woolen manufacturers, in Manchester, N. H., $1,000, 000: 6-Bankers' & Merchants' Mutual Fire Insurance Co., at Liberty, Mo assigned. 25-John Stephenson & Co., of N.Y., car builders, failed for $700,000. Nov. 1-John H. Mason & Sone, cotton goods manufacturers, of Providence, R. I., fail for $810,000. 3-T. B. Rayl, president of T. B. Rayl Hardware Co., of Detroit, falls for $1,500,000. 14-Turney & Jones Coal Co., and Pena. & O. Fuel Co., of St. Paul Minn go into receiver's hande. Liabilities, $1,200,000. 17-Seidenberg, Steifel & Co., cigar dealers in New York, fail for $500,000. 25-At Woodbine, Kan., Grant C. Gillett, extensive cattle dealer, fails for $1,000,000. 9-George Jenkins, New York builder, fails for $710,388.

5. January 5, 1899 Iron County Register Ironton, MO
Article from Iron County Register, January 5, 1899

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CHRONOLOGY FOR 1898 THE SPANISH-AMERICAN WAR Other Important Events, Including Big Financial Failures, Startling Disasters and Crimes-Necrology, Politics and Sports. THE SPANISH-AMERICAN WAR. , 26-At Bridgeton, N. Y., Cumberland Nail & Iron Co. b. 9-U. S. demands recall of Spanish 27-Denver, Col., Paper Co. minister Dupuy de Lome for vulgar criti30-At Boston, Hosmer, Codding & Co., eisms of Pres. McKinley. boot & shoe dealers, $500,000. -Battleship Maine (costing $2,484,000) Sep. 26-New England Loan & Trust Co., at blown up in Havana harbor; 265 men and Des Moines, la into receiver's hands. 2 officers perished. Oct. i.-U. A. & J. Sawyer, woolen manu-Pres. McKinley appoints naval board facturers, in Manchester, N. H., $1,000,to investigate Maine disaster. 000. ir. 5-Pres. McKinley refuses Spain's re6-Bankers' & Merchants' Mutual Fire Inquest for recall of Consul-Gen. Lee at surance Co., at Liberty, Mo., assigned. Havana. 25-John Stephenson & Co., of N. Y., car -Pres. signs bill appropriating $50,000,builders, failed for $700,000. 000 for national defense which congress Nov. 3-T. B. Rayl, president of f. 3 had unanimously passed U. S. cruiser Rayl Hardware Co., of Detroit, fails for Montgomery replaces Maine at Havana. $1,500,000. -U. S. buys at London 2 Brazilian war14-Turney & Jones Coal Co., and Penn. & ships. O. Fuel Co., of St. Paul Minn., go into -Maine court of inquiry reports explosion receiver's hands. Liabilities, $1,200,000. was from outside. 17-Seidenberg, Steifel & Co., cigar dealers Schley ordered to command flying in New York, fail for $500,000. squadron at Hampton Roads. 25-At Woodbine, Kan., Grant C. Gillett, Spain notified hostilities in Cuba must extensive cattle dealer, failsfor $1,000,000. cease. 29-George Jenkins, New York builder, r. 1-Pres. declines French offer of medifails for $710,388. ation. Dec. 14-At Trenton, N. J., Great White -Consul-Gen. Lee leaves Havana. Spirit Co.; $973,929. -President's message on Cuban question

6. January 6, 1899 The Iola Register Iola, KS
Article from The Iola Register, January 6, 1899

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BUSINESS FAILURES. Larger Commercial Concerns Involving Liabilities of $500,000 or More. Jan. 10-Port of Chalmette, near New Orleans, La., $2,000,000. 17-At New York, Wertheimer & Co., glove manufacturers, $800,000. Feb. 4-At Providence, R.I., locomotive works, $616,700. 23 Sawyer, Manning & Co., dry goods, New York and Boston, $1,000,000. Apr. 11-At Dolgeville, N. Y., Alfred Dolge & Son, piano supplies, $1,250,000. 27-At Boston E. Howard Clock & Watch Co., $500,000. Jun. 10-At Bangor, Me., L. B. Clark & Co., tanners, $550,000. 13-At Chicago, Joseph Leiter, gigantic wheat speculator. 16-At Boston, Woven Hose & Rubber Co., $1,200,000. Jul. 14-At Providence, R.I., John H. Mason & Sons, cotton manufacturers, $810,000 26-At Bridgeton, N. Y., Cumberland Nail & Iron Co. 27-Denver, Col., Paper Co. 30-At Boston, Hosmer, Codding & Co., boot & shoe dealers, $500,000. Sep. 26-New England Loan & Trust Co., at Des Moines, Ia., into receiver's hands. Oct. 1.-U. A. & J. Sawyer, woolen manufacturers, in Manchester, N. H., $1,000,000. 6-Bankers' & Merchants' Mutual Fire Insurance Co., at Liberty, Mo., assigned. 25-John Stephenson & Co., of N. Y., car builders, failed for $700,000. Nov. 3-T. B. Rayl, president of f. 3 Rayl Hardware Co., of Detroit, fails for $1,500,000. 14-Turney & Jones Coal Co., and Penn. & O. Fuel Co., of St. Paul Minn. go into receiver's hands. Liabilities, $1,200,000. 17-Seidenberg, Steifel & Co., cigar dealers in New York, fail for $500,000. 25-At Woodbine, Kan., Grant C. Gillett, extensive cattle dealer, fails for $1,000,000. 29-George Jenkins, New York builder, fails for $710,388.

7. January 7, 1899 The Cape Girardeau Democrat Cape Girardeau, MO
Article from The Cape Girardeau Democrat, January 7, 1899

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BUSINESS FAILURES. Larger Commercial Concerns Involving Liabilities of $500,000 or More. Jan. 10-Port of Chalmette, near New Orleans, La., $2,000,000. 17-At New York, Wertheimer & Co., glove manufacturers, $800,000. Feb. 4-. At Providence, R.I., locomotive works, $616,700. 23-Sawyer, Manning & Co., dry goods, New York and Boston, $1,000,000. Apr. 11-At Dolgeville, N. Y., Alfred Dolge & Son, piano supplies, $1,250,000. 27-At Boston E. Howard Clock & Watch Co., $500,000. Jun. 10-At Bangor, Me., L. B. Clark & Co., tanners, $550,000. 13-At Chicago, Joseph Leiter, gigantic wheat speculator. 16-At Boston, Woven Hose & Rubber Co., $1,200,000. Jul. 14-At Providence, R.I., John H. Mason & Sons, cotton manufacturers, $810,000 26-At Bridgeton, N. Y., Cumberland Nail & Iron Co. -Denver, Col., Paper Co. 30-At Boston, Hosmer, Codding & Co., boot & shoe dealers. $500,000. Sep. 26-New England Loan & Trust Co., at Des Moines, la., into receiver's hands. Oct 1.-U. A. & J. Sawyer, woolen manufacturers, in Manchester, N. H., $1,000,000. 6-Bankers' & Merchants' Mutual Fire Insurance Co., at Liberty, Mo., assigned. 25-John Stephenson & Co., of N. Y., car builders, failed for $700,000. Nov. 3-T. B. Rayl, president of f. 3 Ravl Hardware Co., of Detroit, fails for $1,500,000. 14-Turney & Jones Coal Co., and Penn. & O. Fuel Co., of St. Paul Minn go into receiver's hands. Liabilities, $1,200,000. 17 1-Seidenberg, Steifel & Co., cigar dealers in New York, fail for $500,000. 25-At Woodbine, Kan., Grant C. Gillett, extensive cattle dealer, failsfor$1,000,000. 29-George Jenkins, New York builder, fails for $710,388.

8. January 7, 1899 The L'anse Sentinel L'anse, MI
Article from The L'anse Sentinel, January 7, 1899

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BUSINESS FAILURES. Larger Commercial Concerns Involving Liabilities of $500,000 or More. Jan. 10-Port of Chalmette, near New Orleans, La., $2,000,000. 17-At New York, Wertheimer & Co., glove manufacturers, $800,000. Feb. 4-At Providence, R.I., locomotive works, $616,700. 23 Sawyer, Manning & Co., dry goods, New York and Boston, $1,000,000. Apr. 11-At Dolgeville, N. Y., Alfred Dolge & Son, piano supplies, $1,250,000. 27-At Boston E. Howard Clock & Watch Co., $500,000. Jun. 10-At Bangor, Me., L. B. Clark & Co., tanners, $550,000. 13-At Chicago, Joseph Leiter, gigantic wheat speculator. 16-At Boston, Woven Hose & Rubber Co., $1,200,000. Jul. 14-At Providence, R.I., John H. Mason & Sons, cotton manufacturers, $810,000 26-At Bridgeton, N. Y., Cumberland Nail & Iron Co. 27-Denver, Col., Paper Co. 30-At Boston, Hosmer, Codding & Co., boot & shoe dealers, $500,000. Sep. 26-New England Loan & Trust Co., at Des Moines, Ia., into receiver's hands. Oct. 1.-U. A. & J. Sawyer, woolen manufacturers, in Manchester, N. H., $1,000,000. 6-Bankers' & Merchants' Mutual Fire Insurance Co., at Liberty, Mo., assigned. 25-John Stephenson & Co., of N. Y., car builders, failed for $700,000. Nov. 3-T. B. Rayl, president of f. 3 Rayl Hardware Co., of Detroit, fails for $1,500,000. 14-Turney & Jones Coal Co., and Penn. & O. Fuel Co., of St. Paul Minn go into receiver's hands. Liabilities, $1,200,000. 17-Seidenberg, Steifel & Co., cigar dealers in New York, fail for $500,000. 25-At Woodbine, Kan., Grant C. Gillett, extensive cattle dealer, failsfor $1,000,000. 29-George Jenkins, New York builder, fails for $710,388.

9. January 13, 1899 The Jasper Weekly Courier Jasper, IN
Article from The Jasper Weekly Courier, January 13, 1899

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BUSINESS FAILURES. Larger Commercial Concerns Involving Liabilities of $500,000 or More. Jan. 10-Port of Chalmette, near New Orleans, La., $2,000,000. 17-At New York, Wertheimer & Co., glove manufacturers, $800,000. Feb. 4-At Providence, R. I., locomotive works, $616,700. 23 -Sawyer, Manning & Co., dry goods, New York and Boston, $1,000,000. Apr. 11-At Dolgeville, N. Y., Alfred Dolgo & Son, piano supplies, $1,250,000. 27-At Boston E. Howard Clock & Watch Co., $500,000. Jun. 10-At Bangor, Me., L. B. Clark & Co., tanners, $550,000. 13-At Chicago, Joseph Leiter, gigantie wheat speculator. 16-At Boston, Woven Hose & Rubber Co., $1,200,000. Jul. 14-At Providence, R. I., John H. Mason & Sons, cotton manufacturers, $810,000 26-At Bridgeton, N. Y., Cumberland Nail & Iron Co. 27-Denver, Col., Paper Co. 30-At Boston, Hosmer, Codding & Co., boot & shoe dealers, $500,000. Sep. 26-New England Loan & Trust Co., at Des Moines, la., into receiver's hands. Oct. I.-U.A. & J. Sawyer, woolen manufacturers, in Manchester, N. H., $1,000,000. 6-Bankers' & Merchants' Mutual Fire Insurance Co., at Liberty, Mo., assigned. 25 John Stephenson & Co., of N. Y., car builders, failed for $700,000. Nov. 3-T. B. Rayl, president of . 3 Rayl Hardware Co., of Detroit, fails for $1,500,000. 14-Turney & Jones Coal Co., and Penn. & O. Fuel Co., of St. Paul Minn go into receiver's hands. Liabilities, $1,200,000. 17 -Seidenberg, Steifel & Co., cigar dealers in New York, fail for $500,000. 25-At Woodbine, Kan, Grant C. Gillett, extensive cattle dealer, failsfor $1,000,000. George Jenkins, New York builder, fails for $710,388.

10. January 13, 1899 Barton County Democrat Great Bend, KS
Article from Barton County Democrat, January 13, 1899

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BUSINESS FAILURES. Larger Commercial Concerns Involving Liabilities of $500,000 or More. Jan. 10-Port of Chalmette, near New Orleans, La., $2,000,000. 17-At New York, Wertheimer & Co., glove manufacturers, $300,000. Feb. 4-At Providence, R.1 I., locomotive works, $616,700. Sawyer, Manning & Co., dry goods, New York and Boston, $1,000,000. Apr. 11-At Dolgeville, N. Y., Alfred Dolge & Son, piano supplies, $1,250,000. 27-At Boston E. Howard Clock & Watch Co., $500,000. Jun. 10-At Bangor, Me., L. B. Clark & Co., tanners, $550,000. 13-At Chicago, Joseph Leiter, gigantic wheat speculator. 16-At Boston, Woven Hose & Rubber Co., $1,200,000. Jul. 14-At Providence, R. I., John H. Mason & Sons, cotton manufacturers, $500,000. 26-At Bridgeton, N. Y., Cumberland Nail & Iron Co. 27-Denver, Col., Paper Co. 30-At Boston, Hosmer, Codding & Co., boot & shoe dealers, $500,000. Sep. 26-New England Loan & Trust Co., at Des Moines, Ia., into receiver's hands. Oct. 1.-U. A. & J. Sawyer, woolen manufacturers, in Manchester, N. H., $1,000,000. 6-Bankers' & Merchants' Mutual Fire Insurance Co., at Liberty, Mo., assigned. 25-John Stephenson & Co., of N. Y., car builders, failed for $700,000. Nov. 1-John H. Mason & Sons, cotton goods manufacturers, of Providence, R. I. fail for $310,000. 3-T. B. Rayl, president of T. B. Rayl Hardware Co., of Detroit, fails for $1,500,000. 11-Turney & Jones Coal Co., and Penn. & O. Fuel Co., of St. Paul Minn., go into receiver's hands. Liabilities, $1,200,000. 17-Seidenberg, Steifel & Co., cigar dealers in New York, fail for $500,000. 25-At Woodbine, Kan., Grant C. Gillett, extensive cattle dealer, failsfor$1,000,000. 29 George Jenkins, New York builder, fails for $710,388.