Farmers National Bank (Findlay, OH)

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Episode Information

Episode UID
347701123
Episode Type
Run → Suspension → Reopening
Bank Type
national
Bank ID
34770 national
Charter Number
3477
Start Date
July 25, 1893
Location
Findlay, Ohio (41.044, -83.650)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
5cd45bd709dab9a1

Response Measures

Full suspension, Books examined

Events (5)
1. March 30, 1886 Chartered
Source
historical_nic
2. July 25, 1893 Run
Cause
Bank Specific Adverse Info
Cause Details
Heavy withdrawals and inability to realize upon assets after prior shocks (notably aftermath of Charles Foster's failure) prompted the run.
Measures
Closed its doors at noon; officers asserted bank solvent but unable to meet immediate withdrawals.
Newspaper Excerpt
The Farmers' National Bank, of Findlay, Ohio, closed its doors shortly after 12 o'clock, unable to withstand a run.
Source
newspapers
3. July 25, 1893 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Decided to suspend because of continued drain on funds and inability to promptly realize cash on assets after heavy withdrawals.
Newspaper Excerpt
The Farmers' National bank of Findlay closed its doors at noon to-day. The comptroller was at once notified to take charge.
Source
newspapers
4. October 2, 1893 Reopening
Newspaper Excerpt
The Farmers' National Bank of Findlay, Ohio, has been permitted to reopen for business (national banks which recently suspended payment have been permitted to reopen).
Source
newspapers
5. June 30, 1922 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (23)
1. July 25, 1893 Deseret Evening News Salt Lake City, UT
Article from Deseret Evening News, July 25, 1893

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on the Intinstant places the resources at $5,946,344; and the liabilities 88 fol. lows: Due depositors, $7,870,504; due others, $5,000,000. The bank has n capital of a half million. of which John L. Mitchell noids $318,300; David Ferguson $166,000; Washington Becker $20,000; J. B. Murphy $1000, Undivided profits $75,841. Runs were at once started on a number of other banks, but at each large depositors came to the assistance and the officers assured those Interested that they were perfectly safe. The general opinion is that the worst is past. The Milwaukee people had become Imbued with the idea that this old bank was the Gibraltar of finance and could not credit the reports that it was closed. It was the general belief that when all the other banking institutions had disappeared from the lace of the earth, the bank which Alexander Mitchell had founted would continue to do businessat the oldstand. Cashier Murphy says the bank has been subjected to a heavy strain and the end was inevitable, but that bank is not insolvent, and only time is needed to meet every liability. Washington Becker has been appointed receiver. The city of Milwaukee has $1,600,000 in the bank. and will probably have temporatily to suspend payment. The bank was the repository of the Chicago, Milwaukee and St. Paul railway, and arrangements have been made for the payment of checks drawn on that bank by the W isconsin National bank. AN OHIO BANK, LimA,Ohio, July 25.-The Farm ers' National bank of Findlay closed its doore this afteanoon B8 a result of n run. It is feared that other banks will be raided.

2. July 26, 1893 The Wheeling Daily Intelligencer Wheeling, WV
Article from The Wheeling Daily Intelligencer, July 26, 1893

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Findlay Bank Fails. LIMA, 0., July 25.-The Farmera' National Bank, of Findlay. Ohio, closed its doors shortly after 12 o'clock, unable to withstand a run. It is feared that the other banks will be raided.

3. July 26, 1893 The Times Richmond, VA
Article from The Times, July 26, 1893

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Bank. Milwaukee people had become imbued with the idea that this bankthe old Mitchell Bank-was the Gibraltar of finance; that they could not credit the report that it had closed. There was general bellef that when all other banking institutions have disappeared from the face of the earth, that the bank which Alex. Mitchel! founded would continue to do business at the corner of East Water and Michigan streets, and it was this firm faith in the bank's stability that made the shock to public confidence so great. A few minutes after 10 o'clock the news that the bank had not opened its doors began to circulate on the streets, and immediately a rush began in the direction of the Mitchell building. People would not believe what others told them, but insisted on crowding up the marble steps and reading the notice of suspension for themselves. The story of the failure is one so often told now-a-days, steady and long-continued drain of deposits and inability to promptly realize cash upon collections. The bank is solvent and wealthy. TOLEDO, O., July 25.-The Farmers' National Bank of Findlay, O., closed its doors at noon to-day. No statement has been given out as yet. No excitement prevails, and the other three banks in the city are prepared for any run that may follow. INDIANAPOLIS, IND., July 25.-The Indianapolis National Bank suspended this mornig. The failure is for $1,200,000. For some days rumors were current that the bank was in trouble, and these rumors had the effect of starting a quiet run upon it, which, though quiet, depleted the bank's funds, and finally made necessary the action of to-day. LOUISVILLE, KY, July 25.-The Merchants' National Bank suspended payment this morning. INDIANAPOLIS, IND., July 25.-The Bank of Commerce did not open its doors this morning. WASHINGTON D. C., July 25.-Examiner McDonald has been directed to take charge of the falled First National Bank of Orlando, Fla. MILWAUKEE, WIS., July 25.-Late this afternoon the J. Obermann Brewing Company made an assignment. H. P. Obermann is the assignee, and his bond is $1,200,000. Foolish Itnn on the German Bank. LOUISVILLE, KY July 25.-At 1 o'clock this evening a small run was caused on the German Bank by an old colored woman, who had fifty dollars deposited there. She did not have the certificate with her, and loudly demanded that she be giveen her money without identification. The noise she made attracted attention. and in a few moments a hundred people were about the bank. The officials had a strong box, said to contain $300,000, brought over from the Louisville Trust Company. The money was spread out on the counter, and the cashier announced that he was ready to pay off any and all claims. A few of the depositors drew their money, but the others were speedily satisfied that the German Bank was in no danger, and left. Subsequently a heavy run started on the German Bank, and continued up to 3 o'clock. The bank had over a million in cash and $1,500,000 worth of securities, which can be turned into money at a moment's notice, Several of the banks kept open until 6 o'clock. Business Emparrasement. TOLEDO, O., July 25.-G. B. Hodgeman Manufacturing Company, one of the largest concerns in Produsky, went into the hands of receivers this morning. ST. LOUIS, MO., July 25.-Ripley & Bronson, iron merchants, No. 800 north Second street, made an assignment for the benefit of their creditors this morning. Liabilities, $150,000. About equal

4. July 26, 1893 The Morning News Savannah, GA
Article from The Morning News, July 26, 1893

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A Bank Closed at Findlay. Toledo, O., July 25.-The - Farmers' Nation Bank of Findlay, O., closed its doors at noon to-day. No statement has been given out as yet. No excitement prevails and the other three banks in the city are prepared for any run that may follow.

5. July 26, 1893 Wheeling Register Wheeling, WV
Article from Wheeling Register, July 26, 1893

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existing circumstances was only a question of time when suspension would inev itably come and therefore decided to close. We might possibly have got through to-day all right, but it was considered best for concerned not t open for business. This bank is not insolvent by any means and only time is needed to realize enough money to meet every liability It not only has ample assets, but Mr. Mitchell and Mr. Johnston are behind it. At the instance of Benjamin M. Weil, the bank con senting, Judge Johnson appointed Washington Becker receiver of the bank. His bond was fixed at $1,600,000 Within five minutes after the news of the Mitehell bank considerable crowds gathered at the Merchants Exchange, First National and Marshal banks, and more or less of a crowd at the Wisconsin National bank. Notwithstanding this fact and the renewed feeling of nncertainty, & number of old depositors were on hand at each of the institutions for the purpose of making deposits, and while considerable money was hastily withdrawn, even larger amounts were placed on the inside of the counters. NEW YORK, July 25 -The bank failures at Milwaukee and Indianapolis, but more particularly the suspension of the Wiscon sin Marine and Fire Insurance Bank, of Milwaukee, utterly demoralized holders of western stocks this afternoon and a gen eral rush to sell was witnessed at the Stock Exchange The Grangers stocks sold at the lowest point in years. Blocks and blocks of long stocks were thrown overboard and the question of price did not seem to enter into the operations As compared with last night's closing, the figures given show losses to 7 points Up to o'olock to-day arrangements had been made for the shipment to the interior of $1,500,000 in currency. Most of the money goes to the West. INDIANAPOLIS, IND., July 5.-After banking hours yesterday afternoon there was 8 rumor that the Indianapolis National Bank would not open its doors this morning. President Theodore Haughey yester day afternoon came to the conclusion that he should consult some of the officials of the other banks. A meeting was held last night. Mr. Haughey prepared a statement in which he said that the Louisville and New Albany failures had aggravated the local situation Fifty thousand dollars was borrowed from the other banks, but failed to carry the bank further than yesterday' transactions It was finally concluded that the tide that had set in was too strong to stem and it would be best for all concorned to suspend. While the crowd was clustered about the suspended Indianapa National Bank, few were watching the doors of the Bank of Commerce across the streeet. At9 o'clock the curtains remained up and soon a paper was posted announce ing that the bank would not open day The stringency of the money market is the reason given for closing. The Bank of Commerce has not been one of large deposits, and its failure will not much effect on the local money market Its idebted ness is said to be only $150,000. The suspensions caused considerable excitement on the streets, and at this hour (10:30) heavy run is being made on the Indiana National. The Indianapolis National was the designated depository of the United States. INDIANAPOLIS, IND. July 25. While the Indianapolis National Bank was a United States depository but $3,439.96 was tied up Pension Agent Ensley said that be would of course cease to draw checks on the suspended National August 4 will be pension day and the office will pay out nearly $8,000,000. At the last payment we check ed out nearly $200,000 from the Indian apolis National, said Mr Ensley. Cashier Rexford said the bank statement at the close of business Julv 12 would afford the best informution as to the status of debts and credits atcould be given until the government officer who would take charge should make his report. Mr. Rexford was asked if the withdrawal of funds by country banks was not largely responsible for the difficulties "The stringency of the times he said, "has greatly reduced those balances. CHICAGO, July 25 6.-Silver was again taken over the counter of the sub-treasury -day after a temporary stoppage, so that the big receipts could be gone through and counted. Local banks are sending in large quantities of dollars and lessor silver coins, which they exchange for currency. LIMA. O. July 95. The Farmers' National Bank, of Findlay O., closed its doors shortly after 12 o'clock, unable to withstand a run. It is feared that the other banks will be raided. & BronST. LOUIS, Mo. July 25 Ripley son, iron merchants and dealers in all kinds of iron, made an assignment this morning. Liabilities, $150,000 assets not given, but probably close to the amount of liabilities. Stringency in money is given as the cause WASHINGTON D. C., July 25 Much interest has been aroused among statisticians by the discovery that the figures of the balance of trade against this country for the fiscal year ending June 30 last, as shown by the records of the Bureau of Statistics in the Treasury Department, about $40,000,000 out of the way. Instead of an adverse balance of $93,000,000 the corrected returns will show only about $50,000,000. WASHINGTON, July 25 -As a result of counter offers the treasury purchased yesterday 107,500 onnees of silver at $0.6960 cents per ounce (including the 50,000 ounces announced in yesterday s despatches). The price of silver in London to-day shows a slight advance over yesterday. LOUISVILLE, Kr. July 6.-To-day was a memorable one in the financial situation of this city. The Merchants' National Bank closed its doors at 10 o'clock and was followed half an hour later by the suspension of the Louisville Deposit Bank Both failures were caused by the beavy demands from country banks, the local runs being comparatively insignificant. President Lindenburger, of the Merchants National, says depositors and stockholders will be paid in full. Two other banks followed in the wake and closed their doors also The banks are abundantly solvent, and there is no sort of doubt that they will pay in full. Weeding Out Treasury Clerks. W ASHINGTON, July 25. Secretary Carlisle intends to weed out clerks in the Treasury Department. He began operations yesterday by dropping six clerks from the rolls. Others will be dropped from time to time as they are, reported by the the division. Those vacancies

6. July 26, 1893 The Morning Call San Francisco, CA
Article from The Morning Call, July 26, 1893

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HEAVY. BANK FAILURES. The Trouble Getting Farther East Every Day. INDIANAPOLIS, Jvly 25.-The Bank of Commerce did not open its doora this morning. The Indianapolis National Bank also failed to open its doors. The Indianapolis National was considered one of the strongest banks in the city, and was designated as a depository of the United States. President Theodore Haughey consulted with other bankers last night, having previously secured $50,000 to tide him over yesterday. He said the failures at Louisville and New Albany had aggravated the local situation, and it was thought best to suspend. The Bank of Commerce has not been one of large deposits, and the failure will not have much effect locally. The indebtedness is said to be $150,000. At 11 d'clock a heavy run was being made on the Indiana National. The statement of the Indianapolis National Bank, July 12, showed resources of $2,313,154; liabilities due depositors, $1,194,586: United States deposits, $193,100; deposits of United States disbursing officers, $100,800; due other national banks, $140.403; due State banks. $73,570; notes and bills rediscounted, $51,137; bills payable, $58,060; capital stock. $300,000; surplus, $100,000; undivided profits, $44,448. While the Indianapolis National Bank was a United States depository but $3439 was tied up. Cashier Rexford was asked if the withdrawal of funds by country banks was not largely responsible for the suspension. "The stringency of the times." he replied, "has greatly reduced those balances. At this time of the year they have heretofore been large." The real trouble of the Bank of Commerce began at the failure of the Premier Steel Company. There have been drafts on the bank ever since then. The publication of Depauw's failure hurried things along. The failure of the Indianapolis National shut off their chances of getting help and the bank had to close. FINDLAY, Ohio. July 25.-The Farmers' National Bank, one of the popular financial institutions of the city, closed to-day because of the inability to realize upon its assets. The officers assert that they will be able to pay the depositors dollar for dollar and have a surplus when the affairs of the bank are settled up. Ever since the failure of ex-Secretary Charles Foster the bank has been drawn upon heavily, and was unable at the present time to meet the constant drain. There was no run on the other banks in the city. LOUISVILLE, Ky., July 25.-The Louisville Deposit Bank failed to open its doors to-day. The Merchants' National Bank has suspended. The Fourth National Bank has suspended. were runs on several other banks, but mostly There small, all stood the strain. The failure of the Merchants' National was caused by the withdrawals of country banks. The Deposit Bank was not a member of the Clearing-house, and none of the other banks would assist it. The National as a the caused by the Fourth panic failed failure considered result of others. of bad. None of the failures are The depositors of the two national will be in National has a chants' banks paid capital fnll. of The $500,000. Merthe Fourth National a capital of $300,000 and surplus of $25,000. The Deposit Bank has a capital of $300,000, surplus $16,000. The last statement of the Fourth National showed a paid in capital stock of $300,000, surplus fund of $37,000 and undivided profits of $27,956. The Merchants had a paid in capital of $500,000. a surplns of $100,000 and undivided profits of $21,384. The Deposit Bank statement showed a capital stock of $300,000 and undivided profits of $19,155. All the bank officials confidence that no one a express realize will on lose the cent if they get time to assets. Shortly after the assignment of the Louisville Deposit Bank President Schwartz filed an individual assigament of personal property to the same The assignee. all his Sweetwood assignment, Distillery Com- Mr. pany also made an Schwartz being president of that company also. No statement has yet been prepared.

7. July 26, 1893 New-York Tribune New York, NY
Article from New-York Tribune, July 26, 1893

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OTHER BANK TROUBLES. OHIO AND WISCONSIN INSTITUTIONS CLOSEQUEEN CITY OF BUFFALO TO RESUME. Toledo, July 25.-The Farmers' National Bank, of Findlay, Ohio, closed its doors at noon to-day. No statement has been given out as yet. No excitement prevails, and the other three banks in the place are prepared for any run that may follow. Medford, Wis., July 25.-The Taylor County Bank, owned by Hartman and Matt, assigned yesterday for the benefit of creditors to E. L. Urquhart. The bank was the depository for county and city funds. Assets are given at $16,000. Herman Matt, the cashier. has absconded. Connorsville, Ind., July 25.-The liabilities of the Citizens' Bank, which failed yesterday, are about $150,000. Mr. Huston's total assets will reach nearly $500,000. He holds more than enough collateral to liquidate the total Indebtedness of the bank as soon as it can be realized upon. Manchester, N. H., July 25.-The financial situation 1s more reassuring to-day, and the impression. among bankers and business men is that the bottom has been reached. There are no runs on any of the banks to-day, and in several the cashiers report that the deposits exceed the withdrawals. Buffalo, July 25.-The stockholders of the suspended Queen City Bank held a meeting at noon and decided to resume business with a capital reduced to $300,000. The bank will reopen in. the first yeek of August. The State Examiner said that he had found the bank In better shape than he reported it three weeks ago. He said the bank would open with cash on hand amounting to between $300,000 and $400,000, which he thought would be ample to meet any demand which might be made.

8. July 26, 1893 Morning Journal and Courier New Haven, CT
Article from Morning Journal and Courier, July 26, 1893

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MORE FAILURES. Another Large One at Milwaukee Has Suspended-Statement of the Cashier-He Says it is Not Insolvent by Any Means-Bank Failures at Indianapolis and Louisville. MILWAUKEE, July 25.-The Wisconsin Fire and Marine Insurance bank has closed its doors. The last statement of the bank, rendered on the 1st of the month, is as follows: Resources-Loans and discounts, $6,485,773; over-drafts,$29,233; stocks, bonds and mortgages, $567,412; losses and expense account, $683; due from banks and bankers, $1,038,472; cash, currency, $532,361; gold and silver, $124,226; checks on clearing house, $168,281. Total resources, $8,946,344. Liabilities-Capital, $500,000; undivided profite, $75,840; due depositors, $7,870,503; due to others not included under elther of above heads, $500,000. Total liabilities, $8,946,344. Cashier Murphy made the following statement: "We have been subjected to a constant drain for some time and have realized on every asset on which the bank could get money on short notice We felt that under existing circumstances it was only 8 question of time when suspension would inevitably come, and therefore decided to close. We might have possibly got through to-day all right but it Was considered best for all concerned not to open for business. This bank is not insolvent by any means and only time is needed to realize enough money to meet every liability. It not only has ample assets but Mr. Mitchell and Mr. Johnston are behind it." Judge Johnson appointed Washington Beeker receiver of the bank. His bond was fixed at $1,000,000. The city of Milwaukee has $1,000,000 in the bank and the corporation will probably have to temporarily suspend payment, as did the county when the commercial bank closed. INDIANAPOLIS, Ind., July 25 -The Indianapolis National bank, capital $300,000, closed its doors this morning. No statement has been made as to the condition, except that the failure is for $1,200,000. According to the statement of the bank made July 15, the loans and discounts amounted to $1,545,854, while cash and securities on hand aggregated $683,000. The individual deposits subject to check were $826,570. The bank was a United States Depository and had all the Federal money in it, amounting to $300,000. The doors of the Bank of Commerce were not opened this morning. This was not unexpected, as the bank was owned by the Depauws and the Depauw estate, and because of the failure of Depauw Saturday a run was made on the bank yesterday. It was the oldest in the city and one of the oldest in the state. It was organized as an insurance company in 1836, with banking privileges under the then existing laws. In 1869 it was regularly incorporated as a bank. It has a capital stock of $200,000, of which the Depauw estate owned nearly three fourths. The estate is worth $5,000,000 and the stockholders are liable for twice the amount of their stock. At nearly all the banks there are depositors drawing out their money, but it has not as yet resulted in a run on any of them except Fletcher's bank. This is one of the oldest in the city and is regarded as one of the soundest and most conservative financial institutions in the west. It is a private bank owned by Allen M. and Sturgeon J. Fletcher, who are both millionaires. The last statement of the bank showed about $900,000 of cash on hand and bonds to secure deposits of over $1,000,000. The withdrawals are from small depositors. LOUISVILLE, July 25.-The Merchants' National banks closed its doors this morn ing. This is the third national bank of this city which has suspended since Saturday. It was the steady and growing demand from the county banks which caused the trouble. Its capital stock is $500,000 At 10:30 the Louisville deposit bank was closed. It was organized a little over a year ago by Moses C. Schwartz, its president, with a paid up capital of $300,000. It was started at a bad time and was refused admittance to the clearing house. It, however, seemed to prosper for awhile and at one time sold stock above par. It might have pulled through but for the suspension of the three national banks. The Fourth National bank closed its doors this afternoon. TOLEDO, O., July 25 -The Farmers' Na tional band of Findlay, o., closed its door at noon to-day. No statement has beer made out as vet. No excitement prevails

9. July 26, 1893 Fort Worth Gazette Fort Worth, TX
Article from Fort Worth Gazette, July 26, 1893

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Findlay, Ohio, Bank. LIMA, O., July 25.-The Farmers' National bank of Findlay closed its doors shortly after noon. It was unable to withstand a run.

10. July 26, 1893 The Salt Lake Herald Salt Lake City, UT
Article from The Salt Lake Herald, July 26, 1893

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Raiding Findley Banks. LIMA, 0., July 25.-The Farmers' National bank of Findley closed its doors this afternoon as a result of a run. It is feared other banks will be raided.

11. July 27, 1893 The Sun New York, NY
Article from The Sun, July 27, 1893

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Other Bank Failures. MILWAUREE. July 26.-Specials to the Wisconsin report two small bank failures in the interior of the State. viz., the German Exchange Bank at Portage and John Lienlokken. a private banker at Lacrosse. The Portage bank is capitalized at $25,000. No statement of assets or liabilities is given. Lienlokken's liabilities are placed at $10.000. WASHINGTON, July 26.-The First National Bank of Grundy Centre. Iowa, has informed Comptroller Eckels that it expects to resume business Aug. 1 under a new management. The Farmers' National Bank of Henrietta. Tex.. and the Farmers' National Bank of Findlay. Ohio. which failed yesterday. expect to resume in a short time-the latter on Monday next. MANCHESTER. N. H., July 26.-C. M. Dorr of Somersworth. a national bank examiner. today took charge of the suspended National Bank of the Commonwealth. There is no change in the financial situation here. All banks are confident that the worst is over. locally. BRISTOL. Tenn.. July 26.-The Bristol Bank and Trust Company yesterday decided to go into voluntary liquidation. They have $80,000 assets. and owe depositors only $15,000. Unprofitable business is the cause.

12. July 27, 1893 Democratic Northwest Napoleon, OH
Article from Democratic Northwest, July 27, 1893

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One at Findlay, o. TOLEDO, July 25.-The Farmers' National bank of Findlay, O., closed its doors at noon Tuesday. No excitement prevails and the other three banks in the city are prepared for any run that may follow.

13. July 29, 1893 The Seattle Post-Intelligencer Seattle, WA
Article from The Seattle Post-Intelligencer, July 29, 1893

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BUSINESS TROUBLES. B. H. Morrison, an extensive lumber merchant of Philadelphia, has suspended, with $100,000 liabilities. The Cincinnati real estate firm of Robert Leslie & Co. assigned on July 27. Assets, $120,000; liabilities. $63,000. Joseph Lecomte, a Brooklyn manufacturer of sheet metal, assigned on July 27 with liabilities greatly in excess of assets. The Harrisburg, Pa., roiling mills, one of the largest creditors of the defunct American Iron and Tube Company, have closed. The Wilmington, Dal., Dental Manufacturing Company has gone into the hands of a receiver. Assets, $615,000; liabilities, $200,000. The Farmers' National bank, of Findlay, O., has failed. It has been in wouble ever since the failure of ex-Secretary Charles Foster. The American Tube and Iron Company, with plants at Middletown, Pa, and Youngstown, O., employing 2,000 persons, has gone into the hands of a receiver. H. C. Averall and C. H. Collelly, two operators on the New York Stock Exchange. failed on July 27 in consequence of the break in Sugar and General Electric stocks. The liabilities are small. The Confidence mines in Magellan mountains have been attached by Silver City, N. M., banks and the First National bank of Denver. George Crawford, of New York, is the owner of the mines.

14. July 29, 1893 Baxter Springs News Baxter Springs, KS
Article from Baxter Springs News, July 29, 1893

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THE CRASH. Wreck by the Financial Cyclone at Milwaukee, Indianapolis and Louisville. MILWAUKEE, July 26.-Notice was posted on the door of the Wisconsin Marine & Fire Insurance Co. bank (commonly called the Mitchell bank) yesterday that by reason of stringency in the money market the bank had been closed by order of the board of directors. The last statement of the bank rendered on July 1 showed resources of $8,946,344; amount due depositors, $7,870,503. The capital stock was $500,000. The city of Milwaukee has $1,630,000 in the bank and the city corporation may have to temporarily suspend payment as the county did when the Commercial bank suspended payment. The bank was also the depository of the Chicago, Milwaukee & St. Paul Railway Co. TWO FAILURES AT INDIANAPOLIS. INDIANAPOLIS, Ind., July 26.-After banking hours Monday there were rumors that the Indianapolis National bank, United States depository, would not open its doors next morning. This was found to be only too true, and the bank did not open. Its assets are over $2,000,000; liabilities unknown. After the national bank closed all eyes were turned on the Bank of Commerce across the street. At 9 o'clock the curtains remained up and soon a white paper was posted announcing that the bank would not open. THREE MORE AT LOUISVILLE. LOUISVILLE, Ky., July 26.-The Merchants and Fourth national and the Louisville Deposit banks suspended in quick succession yesterday. None of the failures are considered bad ones. Depositors in the two national banks will be paid in full. and the loss to the stockholders will not be more than 60 per cent in either case. The Merchants national bank is capitalized at $500,000 and J. H. Lindenberver is president. The Fourth national has a capital of $300,000 and a surplus of $35,000. The Louisville deposit bank has a capital of $300,000 and a surplus of $16,128. Moses Schwartz is president. BANK FAILURE AT FINDLAY, O. LIMA, O., July 26.-The Farmers' national bank of Findlay closed its doors shortly after 12 o'clock, being unable to withstand a run. It is feared that the other banks will be raided.

15. August 2, 1893 The Star Reynoldsville, PA
Article from The Star, August 2, 1893

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LATE TELEGRAPHIC JOTTINGS BOTH FROM HOME AND ABROAD. What is Going On the World Over. Important Events Briefly Chronicled. Financial and Commercial. MORE BANKS ARE REOPENING.-The comptroller of the currency is advised that the Hutchinson national bank of Hutchinson, Kan., which failed sometime ago, is preparing to resume business. The First National Bank of Cisco, Tex., which suspended, has been permitted to reopen its doors. Business men of Pueblo, Col., declared their faith in Colorado's business stability and denounced the intemperate language of the rabid silverites. Parkhust & Wilkinson, iron merchants, Chicago, assigned. Assets estimated at $1,000,000. Ripley & Bronson, :iron merchants. St. Louis, assigned. assets $150,000; liabilities about the same. The suspended Queen City Ban's, Buffalo, N.Y., will resume business the first week of August with a capital reduced to $300,000. At Findlay, O., the Farmers National Bank closed its doors. Depositors will be paid in full. The J. Oberman Brewing Company, Milwaukee, assigned. The bank panic at Milwaukee is over. Financial disturbances at Louisville, Ky., are over. In the banks every depositor who wanted his money got it. Some of the suspended banks, it is said, will soon resume. At Lacrosse, Wis., the private bank of John Dienlokken has closed its doors. At Portage, Wis., the German Exchange Bank has failed, At Helena, Mont., the First National bank and the Montana National bank suspended. Both has ample assets and will pay in full. At Middlesborough, Ky., the First National Bank has closed its doors. At Portland, Ore., the Oregon National Bank and the Northwest Loan and Trust Company suspended. At Spokane, Wash., the First National Bank, paid up capital $200,000, and the Spokane Savings Bank, its dependent. tem. porarily suspended. At Portage, Wis., the City Bank closed its doors. At Mt. Sterling, Ky., the Farmers' bank closed its doors.

16. August 2, 1893 The Indiana State Sentinel Indianapolis, IN
Article from The Indiana State Sentinel, August 2, 1893

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Failure at Findlay, 0. FINDLEY, O., July25.-The Farmers' natinal bank, one of the popular financial institutions of the city, closed its doors at noon today, because of inability to realize upon its assets, and the comptroller was at once notified to take charge. The officers state that they will be able to pay depositors dollar for dollar and have a surplus when the bank's affairs are closed. Ever since the failure of ex-Secretary of the Treasury Charles Foster, the Farmers' national has been drawn upon heavily by its depositors. There is no excitement and no danger of a run on other banks, the First national, the leading bank of the city, being as solid as a rock and equal any emergency. The capital of the Farmers' national bank is $80,000, with a surplus of $44,000. The resources are placed at $296,000 and liabilities at $170,000.

17. August 4, 1893 The Iola Register Iola, KS
Article from The Iola Register, August 4, 1893

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THE WORLD AT LARGE. Summary of the Daily News. WASHINGTON NOTES. RETURNS of national banks, in compliance with the call of Comptroller Eckels, show an unlooked for state of soundness. THE total number of pensioners under the act of act of June 27, 1890, who have been notified since the incoming of the present administration that the payment of their pensions has been suspended is approximately 5,250. A TELEGRAM has been received at the Interior department from Inspector Faison announcing that the legal shooting of the nine condemned Choctaws had been further postponed from August 4 to September 8. THE First national bank of Grundy Center, Ia., has informed Comptroller Eckels that it expects to resume business. The Farmers' national bank of Henrietta, Tex., and the Farmers' national bank of Findlay, O., also expect to resume. COMMISSIONER MILLER has submitted to Secretary Carlisle a preliminary report of the operations of the internal revenue bureau for the fiscal year. The total collections from all sources of revenue were $161,002,000, an increase of $7,145,000. SPECIAL AGENT SWINEFORD says there is much bad land in the strip. CHIEF JUSTICE FULLER has reversed the lower court's decree and remanded the world's fair Sunday closing case back for rehearing. SECRETARY CARLISLE is suffering from an attack of rheumatism. IT is positively asserted that there is no alliance between western republican senators and southern democratic senators to oppose the repeal of the Sherman law. THE president has issued a proclamation including Portugal within the benefits of the international copyright act. THE Russian legation at Washington will be raised to an embassy shortly. DR. A. W. WHEELER, the United States treasury department's agent, reports that there is no danger of an epidemic of cholera. PRIVATE SECRETARY THURBER has announced the following appointments as made by the president: James T. Kilbreth, of New York city, collector of customs for the district of New York, vice Hendricks. resigned; Walter Y. Burm, of Cooperstown, N. Y., appraiser of merchandise for the district of New York, vice Cooper, resigned.

18. October 3, 1893 Evening Star Washington, DC
Article from Evening Star, October 3, 1893

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Banks Reopened. 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 Kentucky National Bank of Louisville, Ky.; the Farmers' National Bank of Findlay, Ohio; the Union National Bank of Rochester, Minn.

19. October 3, 1893 The Madison Daily Leader Madison, SD
Article from The Madison Daily Leader, October 3, 1893

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Permission to Resume. WASHINGTON, Oct. 8.-The following national banks which recently suspended payment, have been permitted to reopen for business: The Kentucky National bank of Louisville, the Farmers' National bank of Findlay, O., and the Minn. Union National bank of Rochester,

20. October 3, 1893 The Sun New York, NY
Article from The Sun, October 3, 1893

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National Banks Reopen. WASHINGTON. Oct. 2.-The following national banks, which recently suspended payment. have been permitted to reopen for business: The Kentucky National Bank of Louisville, Ky.: the Farmers' National Bank of Findlay, O., and the Union National Bank of Rochester. Minn.

21. October 3, 1893 The Providence News Providence, RI
Article from The Providence News, October 3, 1893

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Banks to Resume. WASHINGTON, Oct. 8. - The following national banks which recently suspended payment have been permitted to open for business: The Kentucky National bank of Louisville, Ky.; the Farmers' National bank of Findlay, O., and the Union National bank of Rochester, Minn.

22. October 7, 1893 Red Lodge Picket Red Lodge, MT
Article from Red Lodge Picket, October 7, 1893

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Permission to Resume. WASHINGTON, Oct. 4.-The - following national banks which recently suspended payment, have been permitted to reopen for business: The Kentucky National bank of Louisville, the Farmers' National bank of Findlay, O., and the Union National bank of Rochester, Minn.

23. October 7, 1893 Chicago Eagle Chicago, IL
Article from Chicago Eagle, October 7, 1893

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National Banks to Reopen. The following national banks which recently suspended payment have been nermitted to reopen for business: The Kintucky National Bank of Louisville, Ky.; the Farmers' National Bank of Findiay, Ohio: and the Union National Bank of Rochester, Minn.