Ainsworth National Bank (Portland, OR)

Episode Information

Episode UID
340201123
Episode Type
Suspension β†’ Reopening
Bank Type
national
Bank ID
34020 national
Charter Number
3402
Start Date
July 29, 1893
Location
Portland, Oregon (45.523, -122.676)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
7e2937f06daa99d6

Response Measures

None

Events (4)

1. October 27, 1885 Chartered
Source
historical_nic
2. July 29, 1893 Suspension
Cause
Macro News
Cause Details
Heavy withdrawals over the prior sixty days and inability to realize on securities amid the broader July 1893 money-market stringency/panic.
Newspaper Excerpt
This bank is forced to temporarily suspend owing to the heavy withdrawal of deposits during the last sixty days and inability to realize on securities.
Source
newspapers
3. September 14, 1893 Reopening
Newspaper Excerpt
The Ainsworth National bank ... which closed July 29, reopened for business this morning under orders from the comptroller.
Source
newspapers
4. November 3, 1902 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (16)

Article from Deseret Evening News, July 29, 1893

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TODAY'S FAILURES. One of the Oldest Firms in the Country. HAMILTON, Ohio, July 29.-McNeal & Urban, safe an 1 lock company, one ofthe oldest safe firms in the country assigned. The assets are $160,000; liabilitiesure unknown. The firm claims to be solvent. AKRON, O., July 29.-The Citizens' Savings and Loan association failed this morning. It will pay in full. The capital is $100,000 and the surplus $80,000. KANKAKEE, Ills., July 29.-The First National bank failed this moruing. The assets are sufficient to pay the depositors in full. PORTLAND, Ogn., July 29.-The Commercial National, Portland Savings bank and the Alnsworth National bank failed this morning. With the exception of a slight run on the First National, the largest bank in the city, there was no excitement.


Article from St. Paul Daily Globe, July 30, 1893

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National Bank of Eau Claire, the Bank of Eau Claire and Chippewa Valley bank at the close of banking hours had taken in more than was paid out. These banks are backed by the wealthiest men in the citv. "n't the utmost confidence is expressed in them. FORTLAND. Ure., July 29.-The Commercial National bank. the Ainsworth National and the Portland Savings banks closed today, on account of the withdrawals of deposits. The Commercial National paid out $150,000. There was a run on the First National this morning, but all demands were promptly met and sufficient cash is said to be on hand to keep paying out for a week, if necessary. The suspended institutions are all said to be solvent. At 1 p. m., the ciosing hour, the excitement had subsided, and the withdrawal of deposits at the other bank ceased, while the business houses were making their usual Saturday deposits. Between the noon hour and the closing time deposits greatly exceeded the withdrawals. D. P. Thompson was appointed receiver of the Portland savings bank this afternoon. A statement of this bank shows resources $2,955,000, which is considered a conservative estimate. The liabilities are placed at $2,475,000. During the last sixty days there has been a shrinkage of $600,000. while $800,000 has been withdrawn from the Commercial National bank during the same period. The Commercial National paid $100,000 yesterday. AKRON, Ohio, July 29.-The Citizens Savings and Loan Association of Akron closed its doors at 10:30 this morning. The cause given was constant drawing upon resources by drawing out of deposits. The capital stock is $100,000, with $80,000 surplus. The company was organized and incorpΓ³rated in 1872. The suspension created no surprise in Akron, KANKAKEE, III., July 29.-The First National bank, of this city, failed to open this morning. A steady withdrawal of funds and inability to realize on paper were the causes. The assets are sufficient to pay depositors in full. The bank was organized in 1801. Emory Cobb is president and H. C. Clarke cashier. HAMILTON, July 29.-The McNeale & Urban Safe & Lock company, one of the oldest safe firms in the country, has assigned to Howard Douglass, of Cincinnati. Assets, $160,000; liabilities unknown. The firm had been unfortunate in several large contracts, but it IS claimed it is solvent. WALTHAM, Mass., July 29.-All the American Waltham Watch company foremen were interviewed by President Fitch today, and given instructions as to reducing their working forces. In some cases this will be a cut down of 50 per cent, and in all there will be 1,500 hands thrown out of work indefinitely. Of the hands retained. a large number will have to work for reduced pay, 15 per cent being cut off in some instances, it is said. Letters received today from the Elgin factory report the situation even worse there than in Waltham. There will be 1.600 watchmakers discharged there on Aug. 1, and the pay roll of $120,000 a week will be reduced about one-half. There are 500,000 movements in stock there, valued at $500,000. The concern IS all right financially, having a surplus on hand of $1,000,000 of undivided profits. In the discharge of hands, SO far as possible, those will be retained who have families dependent upon them for support, and the ones discharged will be taken on again whenever the business prospects shall brighten sufficiently to warrant it. HELENA, Mont., July 29.-The Citizens' Stock Growers' National Bank of Miles City closed today. Its assets are said to be far in excess of its liabilities. Stringency of the money market is given as the cause. The First National bank of the same city has all its deposits guaranteed by a committee of business men, and it is thought will be able to keep open. MANCHESTER, N. H., July 29.-Disclosures today tend to show that Cashier Morrell knew the worst, and ran away rather than face the music. A director stated this in


Article from The Herald, July 30, 1893

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FAILED TO OPEN DOORS. Three More Bank Failures at Portland, Ore. The Suspended Institutions Are All Solvent. Financial Disasters in Various Parts of the Country. The Action of New York Savings Bank Presidents Looked Upon With Suspicion-Bank Runs in New Jersey. By the Associated Press. PORTLAND, Ore., July 29.-Three banks failed to open doors this morning. They were the Commercial National, the Portland Savings and the Ainsworth National. With the exception of a alight run on the First National there was no excitement. A notice posted on each of the auspended banks says the banks were forced to temporarily suspend owing to heavy withdrawal of deposite during the last 60 days and inability to realize on securities. Depositors will be paid in full. The Commercial National bank has a paid-up capital stock of $250,000. Frank Dekum is president. The Port land Savings bank is under the same management. L. L. Hawkins is president of the Aineworth National, which has a capital stock of $100,000. Statements of the Commercial National and the Ainsworth National, published July 12th, show resources as follows: Commercial. $1,950,000; Ainsworth, $687,000. Deposite-Commercial, $1,455,000; Ainsworth, $447,000. D.P. Thompson was appointed receiver of the Portland savings bank this afternoon. The statement of this bank shows that its resources are estimated at $2,950,000, which is a considered conservative estimate. Its liabilities are placed at $2,475,000. During the last 60 days there has been a shrinkage of $600,000, while $800,000 has been withdrawn from the Commercial National during the same period. The Commercial National paid out $100,000 yesterday. A small bank at Forest Grove has closed owing to the Commercial National's suspension. The statement of the Union Banking company, which closed yesterday, shows: Assets, $98,000; liabilities, $53,000. The city has a claim for $13,000, and is the principal creditor.


Article from The Seattle Post-Intelligencer, July 30, 1893

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Bank Failures at Portland. PORTLAND, July 29.-The Commercial National, Ainsworth National and Portland Savings banks did not open their doors this morning. D. P. Thompson was appointed receiver of the Portland Savings bank this atternoon. It is probable that all three of the suspended banks will reopen next week. Frank Dekum is president, R. L. Durham vice president and E. Cookingham, cashier of the Commercial National. The directors are: D. P. Thompson. George H. Williams, Henry Weinhard, H. C. Wortman, R. L. Durham, John B. David, Edward Cookingham, Frank Dekum, R. M. Wade, C. Rockwell, George H. Durham, J. F. Watson, John McCraken. C. C. Beekman. The Portland Savings bank is an allied institution to the Commercial National. Frank Dekum is president, D. P. Thompson vice president, H. C. Stratton cashier. The directors are: Frank Dekum, D. P. Thompson, E. 8. Kearney, J. F. Watson, Cleveland Rockwell, G. H. Durham, W. F. Burrell, S. A. Durham, K. J. Jeffery. The Ainsworth National bank is a government depository. H. L Hawkins is president, W. K. Smith vice president, J. P. Mar. shall cashier. The directors are: H. L. Hawkins, W. K. Smith, J. P. Marshall, L. F. Grover, W. S. Charleston. The Bank of Forest Grove has suspended. None of these banks has any connection with any Seattle bank.


Article from The Morning Call, July 30, 1893

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whv credit should not be sound. "No nation." said Harter, "bas ever successfully carried on business under two standards. PORTLAND'S TROUBLE. Three More Banks Fail to Open Their Doors. PORTLAND, Or., July 29.-Three banks failed to open their doors this morning. They were the Commercial National, Portland Savings and Ainsworth National. With the exception of a slight run on the First National there is no excitement. A notice posted on each of the suspended banks says the banks were forced to temporarily suspend, owing to the heavy withdrawal of deposits during the last sixty days and inability to realize on seourities. Dopositors will be paid in full. The Commercial National Bank has a paid-up capital stock of $250,000. Frank Dekum is president. The Portland Savings Bank is under the same management. L. L. Hawkins is president of the Alosworth National, which has a capital stock of $100,000. The statement of the Commercial National and Ainsworth National published July 12, shows the resources as follows: Commercial, $1,950,000; Ainsworth, $687.000. Deposits Commercial, $1,450,000; Ainsworth, $447,000. The Ainsworth National is a United States depository. No statement is yet made of the condition of the Portland Savings Bank. It has a capital stock of $260.000. with a surplus of $202,000. At the closing hour the situation was quiet, all other banks having stood the run. At each of the suspended banks a police officer is stationed to prevent any disorder. Small groups of men are standing on the streets discussing the situation, but there is no sign of any violence. All the three banks which were closed to-day are considered among the strongest in the city and depositors appear to have no fear of losing a cent. It is probable that all three banks will resume in a few days. On account of it being the end of the week most of the banks paid out more than was received. The Merchants' National, where the run occurred yesterday, received deposits in excess of the money paid out. J. Lowenberg, president of the Merchants', yesterday hypothecated all his real property in the city, and is said to have secured $200,000 in cash. This restored confidence and many persons drew their money from other banks and deposited it there. D. P. Thompson was appointed receiver of the Portland Savings Bank this afternoon. The statement of this bank shows resources estimated at $2,950,000. which 18 considered a conservative estimate. Its liabilities are placed at $2,475,000. During the last sixty days there has been a shrinkage of $600,000. while $800,000 has been withdrawn from the Commercial National during the same period. The Commercial National paid out $100,000 yesterday. A small bank at Forest Grove has closed owing to the Commercial National's suspension. The statement of the Union Banking Company, which closed yesterday. shows assets of $98,000 with liabilities of $53,000. The city has a claim for $13,000 and is the principal creditor. YOUNGSTOWN, Ohio, July 29.-As a.result of malicious rumors 8 run was started on the Dollar Savings and Trust Company this morning. The bank required legal notice, and not a dollar was paid out. It has wealthy stockholders. A number of merchants withdrew large sums from other banks and deposited with it, allaying the excitement. KANKAKEE, III., July 29.-The First National Bank failed this morning. The assets are sufficient to pay depositors in full. AKRON. Ohio, July 29-The Citizens' Savings and Loan Association failed this morning. It will pay in full. Capital, $100,000; surplus, $80,000. NEW WHATCOM, Wash., July 29.-This morning the following notice was posted on the doors of the Puget Sound Loan, Trust and Bank Company: "Owing to the constant withdrawals of deposits and inability to realize on securities this bank has suspended temporarily." The bank was incorporated under the State laws In 1890. with a capital stock of $125,000. The liabilities are $50,000 and the assets $200,000. WASHINGTON, July 29.-Comptroller Eckels appointed Louis C. Phelps receiver of the Merchants' National Bank of Great Falls, Mont. EAU CLAIRE, Wis., July 29.-The Commercial Bank, capital $50,000, was placed in the hands of a receiver to-day. President Allen said: "We calculate that the depositors will not lose a dollar." There were light runs on other banks. BOSTON. July 29.-A special from Manchester, N. H., says: Disclosures to-day tend to show that Cashier Morrell knew the worst and ran away rather than face the music. A director stated that in addition to the $60,000 of doubtful paper thrown out of the Derryfield Savings Bank, there is from $10,000 to $18,000 due depositors. It is now thought the deficiency in the bank mav go to $100,000. Rich Red Blood


Article from The Sun, July 30, 1893

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business men. These banks remained open after hours. PORTLAND, Ore., July 29.-The Commercial National Bank, Portland Savings Bank, and the Ainsworth National Bank failed to open their doors this morning. With the exception of a slight run on the First National Bank. the largest bank in the city, there is no excitement. The Commercial National and Portland Savings Bank are under the same management, A notice posted on each of the suspended banks says: This bank is forced to temporarily suspend owing to the heavy withdrawal of deposits during the last sixty days and inabile ity to realize on securities. Depositors will be paid in full." The Commercial National Bank had a paidup capital stock of $250,000. The Ainsworth National had n capital stock of $100,000. The statement of the Commercial National and the Ainsworth National published July 12, shows resources as follows: Commercial. $1,950.000; Ainsworth, $687,000. Deposits-Commercial, $1,455,000; Ainsworth. $447,000. The Ainsworth National is a United States depository. No statement has yet been made of the condition of the Portland Savings Bank. It has a capital stock of $260,000 with a surplus of $202,000. AKRON. O., July 29.-The Citizens' Savings and Loan Association of Akron closed its doors at 10:30 o'clock this morning. The cause given WAS constant drain upon resources by drawing out of deposits. The bank is regarded as sound. The capital stock is $100.000. with $60,000 surplus. The company was organized and incorporated in 1872. The suspension created no surprise in Akron. Edwin F. Voris has been appointed receiver. Nelson Stone. cashier of the City National Bank. said he thought the effect of the failure on Akron's financial condition had been discounted. The bank lost $300.000 in deposits last month. CHICAGO. July 20.-Stevens & Ross, who did business in a small way at 204 Fifty-fifth street. under the name of the South Park Bank. failed yesterday. When the depositors called at the bank this morning they found a card on the door which announced: This bank is closed bv order of the Court. T. Stevens. receiver." The failure is a small one and will cut no flgure in financial troubles. GRAND RAPIDS. Mich., July 29.-Local creditors yesterday were advised of the closing of the C. W. Chapin & Co. private bank at Stanton. Montealm county. owing to a rush of depositors for cash. No statement of the assets and liabilities has been given out. LOUISVILLE, July 29.-The Pineville Banking Company at Pineville, Ky., closed its doors yesterday. It was considered the best bank in southeastern Kentucky. The President will surrender all his personal property to help the bank out. FORESTVILLE, N. Y., July 29.-The examiners report that the total liabilities of Ward's Bank foot up $90,000. The assets will not exceed $20,000. MILWAUKEE, July 29.-The Savings Bank of Baraboo. Wis.. closed its doors this morning. This notice was posted: 'Failure to receive money confidentally expected. the stringency of the money market. and inability to realize on assets renders suspension of payment necessary." There are slight runs Oil other banks in the place.


Article from Richmond Dispatch, July 30, 1893

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Portland (Ore.) Suspensions. (By telegraph to the Dispatch.) PORTLAND, ORE., July 29.-The Commercial National Bank, the Portland Savings Bank, and the Ainsworth National Bank closed their doors this morning on account of depositors drawing money faster than collections could be made. Several other banks are paying out rapidly and it 18 possible that some of the smaller ones may suspend. All are considered absolutely safe, however, and those which have been forced to suspend have more than ample security to meet their liabilities.


Article from The Daily Morning Astorian, July 30, 1893

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Astoria's Splendid Banking Condition. The exclusive announcement in yes terday afternoon's Astorian Extra that three more Portland banks, making six in all, had closed their doors, created a flurry in local business circles, but no excitement was noticeable, not even the customary gatherings on the corners to discuss the event. THE REASON THEREFOR is evident. Neither Astoria banks nor business houses are affected there by. Our banks are fortunate in having had conservative mainlagements, and so, with no kites in the wind the financial breeze doesn't bother them. Every one of them has assets far in excess of all liabilities and in addition thereto they all have large capitalists, property owners, and wealthy stock holders to back them. All that is needed is that our people shall USE ORDINARY DISCRETION and keep along in accustomed paths, letting the speculators and crazy headed bank raiders of the big cities, injure themselves by rash and inju dicious runs on hte monetary institu tions. Instead of wilfully and intention ally crippling our banks let depositors gather up all the money they can and strengthen the hands of the managers. Simply stand ' y and protect the enviable standard of solvency our banks have attained, and a few days from now, when the scare is ove.: and the panic subsided, we will nave the proud distinction of being one of the few cities in which not a single failure occurred. THE FOLLY OF RUNS is indisputably shown by the sense less weakening of the Portland Savings bank; a concern which has assets, at a very conservative estimate, of over $2,950,000, and liabilities of only $2,475, 000, a clear and ordinarily available surplus of $475,000. The only reason why such solid banks as that, and the Commercial and Ainsworth National, close their doors is that they cannot, in an emergency realize on their securi ties. The banks' creditors will lose nothing; not a penny. They will have to wait a few days until things adjust themselves or current funds can be procured in exchange for bonds, deeds, notes, mortgages, and the other forms of interest paying securities, in which all banks deal. OUR BANKS ARE SOLID. for there is not one but has more wealth in sight, than claims against it, and every depositor therein is amply protected, blow high or blow low. Keeping this satisfactory fact in view, and as much for selfpreservation, too, let our business men and manufactur ers, all classes of bank creditors, go out of their way to bar any chance or possibility of those institutions being embarrassed. It is a duty today and will be a glory hereafter. Common sense and public spirit were never more needed than now, and their ex ercise at this time w.ll cover the city with credit and be the best poss ble advertisement for it abroad.


Article from New-York Tribune, July 30, 1893

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STILL THE BANKS GO DOWN MANY SUSPENSIONS IN THE WEST. THREE IN PORTLAND, ORE-OTHERS IN WIS CONSIN, MICHIGAN, ILLINOIS, OHIO AND KENTUCKY. Portland, Ore., July 29.-The Commercial Nation: Bank, Portland Savings Bank and the Ainswort National Bank failed to open their doors this mor: ing. With the exception of a slight run on th First National. the largest bank in the city, ther Is no excitement. The Commercial National an the Portland Savings Bank are under the same mai agement. A notice posted on each of the suspende banks says: "This bank is forced to temporarily suspend owih to the heavy withdrawal of deposits during the la sixty days and inability to realize on securities. De positors will be paid in full." The Commercial National Bank has a paid-up capita stock of $250,000. The Ainsworth National has capital stock of $100,000. The statement of th Commercial National and the Ainsworth National pul fished July 12 shows resources as follows: Con mercial, $1,950,000 : Ainsworth, $687,000; deposit Commercial. $1,455,000: Ainsworth, $447,000. The Ainsworth National is a United States de pository. No statement has yet been made of th condition of the Portland Saving Bank. It has capital stock of $260,000, with a surplus of #202 900. Milwaukee, July 29.-The Commercial Bank o Eau Claire Wis., did not open its doors this mort ing. Notices were posted that the bank was in th hands of Byron A. Buffington, as receiver. Th closing is due to the continuance of heavy withdrawal and the inability to realize on securities. The Com mercial is a popular savings bank throughout th Chippewa Valley. It has a capital of $50,000. Run were started on the National Bank of Eau Claire, th Bank of Ean Claire and the Chippewa Valley Bank but were counteracted by heavy deposits by man leading business men. These banks are remainin open after hours. Grand Rapids, Mich., July 29.-Local creditors yes terday were advised of the closing of the C. " Chapin & Co. private bank at Stanton, Montcali County, owing to a rush of depositors for their cast No statement of the assets and liabilities has bee given out. Kankakee. III.. July 29.-The First National Bank € this city failed to open Its doors this morning. notice posted on the doors states that the assets ar ample to meet all claims. The bank has a' paid " capital of $50,000 and a large surplus. It wa organized in 1871. The bank carried a large lin of customers and has been, and is still, considered 1 be all right. E. Cobb. the president of the bank, I the heaviest stockholder and is a wealthy man. It i probable that the bank will resume in a short time The Merchants' National of Chicago and the Amer can Exchange National of New-York are its goi respondents. Chicago, July 29.-Stevens & Ross, who did bus ness in a small way at No. 204 Fifty-hfth-st., unde the name of the South Park Bank, failed to-day When the depositors called at the bank this mornin they found a card on the door which announced This bank is closed by order of the court." Th failure is a small one and will cut no figure i financial circles. Covington. Ind., July 29.-The Farmers and Met chants' Bank of this city closed my yesterday. Ex United States Treasurer Nebeker is the president.


Article from The Salt Lake Herald, July 30, 1893

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MORE PORTLAND BANKS. T ree of Them Failed to Open Their Doors on Yesterday. PORTLAND, Or., July 29.-The Commercial National, Portland Savings bank and the Ainsworth National bank failed this morning. With the exception of a slightrun on the First National, the largest bank in the city, there was no excitement. The Commercial National and the Portland Savings are under the same management. A notice posted says the suspension is temporary and depositors will be paid in full. The Commercial has a capital of $250,000, and the Ainsworth National has a capital of $100,000. A statement published July 12 showed the Commercial National resources to be $1,950,000; deposits, $1,450,000. Ainsworth resources, $687,000; deposits, $447,000. The Ainsworth National is a United States depository. The Portland Savings has a capital of $250,000 and a surplus of $200,000. At 1 p. m., the closing hour, the excitement had subsided and the withdrawal of deposits at other banks ceased. D. P. Thompson was appointed receiver of the Portland Savings bank this afternoon. The statement of this bank shows resources, $2,955,000. Liabilities, $2,475,000.


Article from Fort Worth Gazette, July 30, 1893

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BUSINESS. THREE PORTLAND BANKS. PORTLAND. Ore., July 29.-The Commercial National bank, the Portland Savings bank and the Ainsworth National bank failed to open their doors this morning. The National bank failure created great excitement. The Commercial and Portland Savings are under the same management. They were forced to temporarily suspend owing to the withdrawal of deposits and the inability to realize on securities. Depositors will be paid In full. The Commercial National has a paidup capital of $250,000. The Ainsworth National has a capital of $100,000. The statement of the Commercial and Ainsworth, published July 12, shows resources: Commercial, $1,950,000: Ainsworth. $687,000. Deposits: Commers clal, $1,455,000; Ainsworth. $470,000. The Ainsworth is a United States depository. No statement is made of the condition of the Portland Savings bank. It has a capital stock of $260,000, with a surplus of $220,000. D. P. Thompson was appointed receiver of the Portland Savings bank this afternoon. The statement shows resources, $2,955,000. which is considered a conservative estimate. Liabilities, $2,475,000.


Article from Grant County Herald, August 3, 1893

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OUT OF CASH. Many Banks in Various Localities Forced to Close Their Doors. Milwaukee, July 29.-A dispatch from Port Washington says the German American bank at that place has failed. Another special says Seymour's bank at Chippewa Falls also failed. CHIPPEWA FALLS, Wis., July 29.Seymour's bank of this city closed its doors yesterday. PORTLAND, Ore., July 29.-The Union Banking company of this city made an assignment yesterday. PORT WASHINGTON, Wis., July 29.-The German-American bank of this city closed its doors yesterday. STANTON, Mich., July 29. - C. W. Chopin & Co.'s bank here closed yesterday with a crowd of depositors at its doors. COVINGTON, Ind., July 29.-The Farmers' and Merchants' bank of this city closed up at 1 o'clock yesterday. ExUnited States Treasurer Nebeker is the president. MIDDLESBORO, Ky., July 29.-The First national bank of this place closed yesterday. GREAT FALLS, Mont., July 29.-The First national bank here suspended yesterday owing to the Helena bank's suspension. WASHINGTON, July 30.-Bank failures were reported to the comptroller as follows yesterday: First national at Kankakee, Ill.; Dollar savings bank at Youngstown, O.; Citizens' Savings and Loan association at Akron, O.; Commercial national, Ainsworth national and Portland savings banks at Portland, Ore.; Commercial at Eau Claire, First Wis.; Savings at Baraboo, W Exnational at Ashland, Wis., and change at Nunda, 111. WASHINGTON, Aug. 1.-Bank failures were reported as follows yesterday: First national at Portland, Ore.; First national at The Dalles, Ore.; Pendleton savings at Pendleton, Ore.; Bellingham Bay national at Whatcom, Wash.; Springfield savings at Springfield, Mo.; Akron savings at Akron, 0.; private bank of A. Daniels & Co. at Cedar Rapids, Ia.; private bank of J. W. Case at Astoria, Ore., and Park national at Livingston, Mont.


Article from The Helena Independent, September 15, 1893

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TELEGRAPHIC BREVITIES CHICAGO, Sept. 14.-The amount secured by the Lake Shore robbers is now put at $19.000. LONDON, Sept. .-The bank of England directors to-day rednced the rate of discount to four per cent. WEST BAY CITY, Sept. 14.-A million feet of lumber on John Welch's docks burned this morning; loss $100,000. LISBON. Sept. 14.-Portugese authorities have declared cholen quarantime against Now York as an infected po 1. TORONTO, Sept. 14. - The United States cricket team won the national crickes match with Canada by four wickets. FORT MONROE, Va., Sept. --The United States ornise. Detroit this morning sailed for Rio Janeiro to protect American interexts. PARIS. Sept. 14.-It is reported that in a few dave work will be entirely suspended throughout the north of France and four Belgian colliery districts. PORTLAND, Ore.. Sont. 14.-The - A'neworth National bank. which closed July 29, reopened for business this morning under orders from the comptroller. NEW YORK. Sept. 14.-The consignees of the Atlas line steamship Alvo, which has been long overdue nt Haytian ports, telegraphed this port 10-day that they had given her up. COWES, Isle of Wight, Sept. 14.-The Navahoe has been awarded the prize in the race for the Brenton's reef enp. which. aocording to first calculations. was thought to be won by the Britannia. LONDON. Sept. 14.-A large crowd of sporting nen gathered this morning at Euston square station to bid Adion to Chae. Mitchell, the pagilias, who left Wednesday for Liverpool on his way so the United Stater. CHICAGO, Sept. 14.-This was ORE of the hottest days of the year. The shormometer registered nimety-four at two this af. ternoon. Dozens in the fair grounds suocumbed to the heat, and many down town were also overcome.


Article from Evening Star, September 15, 1893

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Banks Resuming. The following national banks, which recently suspended payment, having fully complied with the conditions imposed by the controller of the currency, and their capital stock being unimpaired, have been permitted to reopen their doors for business: The First National Bank of Russell, Kan. The Ainsworth National Bank of Portland, Ore


Article from The Star, September 20, 1893

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FINANCIAL AND COMMERCIAL. The first National Bank, of Russell, Kas., and the Ainsworth National Bank of Portland, Ore., which suspended some time ago have been authorized to resume business. No bank failures have been reported since August 28.


Article from The Middleburgh Post, September 21, 1893

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locate their us. Dr. Hartman, an old and prominent physician of Anllville, Mo., was shot and instantly killed by William Powell, of that place. The difficulty originated from an old feud between the two men. Henry S. Cochran. the embezzling Philadelphia Mint weigher, was arraigned and held 111 $30,000 bail in order to give him time to procure counsel. Supt. Bosbyshell testified that the shortage amounted to $28,000. Financial and Commercial. The first National Bank, of Russell, Kas., and the Ains worth National Bank of Portland, Ore., which suspended some time ago have been , uthor zed to resume business. No bank failures have been reported since August 28, The National bank of Ashland, at Ashland. Neb ,resumed business in an excellent condition.