First National Bank (Kansas City, KS)

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A BANK IN TROUBLE

The First National of Wyandotte in the Hands of an Examiner. KANSAS CITY, Mo., July 16.-The First National Bank of Wyandotta, or Kansas City, Kan., suspended business to-day and is in the hands of a bank examiner, J. D. Wilson. The president of the bank is very reticent concerning the cause of the failure and the condition of the bank. He does say, however, that the assets are $200,000 and the liabilities $100,000 It is generally believed that the liabilities are considerably over $100,000, inasmuch as the city of Kansas City, Kan., has on deposit in the bank about $60,000. The bank is capitalized for $100,000. The First National Bank of Kansas City, Mo.. is in no way involved in the failure.

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A W yand otte Bank Suspends. KANSAS CITY, July 16.-The First National bank of Wyandotte, or Kansas City, Kas., suspended today and IS in the hands of a bank examiner. President Wilson IS very reticent concerning the cause of the failure and the condition of the bank. He does say, however, that the assets are $200,000 and the liabilities $100,000. Much of the assets, which were supposed to be gilt-edged, are of such a nature, be says. as to prevent rapid realization. Last falt the bank became involved in the affairs of the Husted Investment company and was in a shaky condition. The institution at that time consolidated with the Exchange National bank and it was believed had tided over the difficulty. It is generally believed that the liabilities are considerably over $100,000, inasmuch as the city of Kansas City, Kas., had on deposit in the bank about $60,000.

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Kansas Bank Suspends

KANSAS CITY, Mo., July 16.-The First National Bank of Wyandotte, or Kansas City, Kansas, suspended business to-day and is in the hands of a bank examiner. J. D. Wilson, president of the bank, is very reticent concerning the cause of the failure and the condition of the bank. He does say, however, that assets are $200,000 and liabilities $100,000.

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Bank Failure at Wyandotte, Kan. KANSAS CITY, Mo., July 16.-The First national bank of Wyandotte or Kansas City, Kan., suspended business to-day and is in the hands of a bank examiner. I D. Wilson, president of the bank, is very reticent concerning the cause of the failure and the condition of the bank. He does say, however, that the assets are $200,000, and the liabilitles $100,000.

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Á BANK CLOSED

Assets Alleged to Be Double th Liabilities. KANSAS CITY. Mo., July 16.-The First National Bank of Wyandotte, 01 Kansas City, Kan., suspended business to-day and is in the hands of a bank examiner. J.D. Wilson. president of the bank, is very reticent concerning the cause of the failure and the condition of the bank. He does say, however, that the as sets are $200,000 and lia bilities $100.000. It is generally be lieved that the liabilities are consider ably over $100,000, inasmuch as the city of Kansas City, Kan.. had on deposit in the bank about $60,000. The First National Bank of Kansas City, Mo., is in no way involved.

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Shut up a Bank

KANSAS CITY, July 16.-The First National bank, of Wyandotte, or Kansas City, Kan., suspended to-day and is in the hands of a bank examiner. President Wilson is very reticont concerning the cause of failuro and the condition of the bank. He says, however, that the assets are $200,000 and the liabilities are $100,000. Much of the assets which were supposed to be gilt edged, are of such nature, he says, as to prevent rapid realization.

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KANSAS CITY, Mo., July 18.-The First National bank of Wyandotte, or Kansas City, Kas., has suspended business. The liabilities were $90,000, including deposits. The total assets are $214,000 of gilt edge securities. The failure was due to lack of ready cash.

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A Kansas Bank Fails

KANSAS CITY. Mo., July 17.-The First national bank of Wyandotte, or Kansas City, Kan., suspended business Thursday and is in the hands of a bank examiner. J. D. Wilson, president of the bank, is reticent concerning the cause of the failure and the condition of the bank He does say, however, that the assets are $200,000 and the liabilities $100,000.

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by foreign loan companies on account of the Alien Land law. Mr. Spaulding says the bank is solvent; that there is no occasion for a receiver, and he would not have taken such a step except at the unanimous request of the directors. Depositors and creditors will be fully protected. A movement is on foot to re-organize the bank under the new law. Other banks tendered aid, but the directors decided to take the course they did. No other banks are affected, and little excitement is exhibited over the suspension.

Kansas City, Mo., July 20. -The Central Bank of Kansas City, Kan., failed this morning. The failure was due to the failure of the First National Bank, which was taken charge of by the Bank Examiner last Thursday. The liabilities are $35,000, assets $65,000. R. W. Hilliker is the president and cashier of the bank. The bank was organized under the State law.

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Kansas Bank Smash

KANSAS CITY, Mo., July 18.-The First National bank of Wyandotte, or Kansas City, Kan., suspended business yesterday and is in the hands of a bank examiner. I. D. Wilson, president of the bank, is very reticent concerning the cause of the failure and the condition of the bank. He does say, however, that the assets are $200,000 and the liabilities $100,000. Much of the assets, which were supposed to be giltedged, are of such a nature, he says, as to prevent a rapid realization upon them.

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) WEST AND SOUTH

I THE doors of the Farmers' and : Drovers' bank at Battle Creek. Neb., were closed. THE table-glassware manufacturers of Pennsylvania, Ohio and West Vir) ginia have consolidated. ON the California desert Salten lake continues rising. until now the overflow reaches 2.000 square miles. The lake will be permanent and will change the climate and topography of the surrounding country. THE railway postal clerks met at Cineinnati and formed a national organization with C. A. Guthrie, of Chicago. as president. THE firm of Spooner R. Howell & Co., lumber dealers in Chicago and other western cities, have failed with liabilities of $2,000,000. THE directory of Chicago for 1891 contains over 500,000 names and indicates a total population of 1,250,000. By the death of her uncle, Sir James Baxendale, of England, Mrs. Dr. J. Holloway. of Springfield, O., has fallen heir to $1,000,000. AT Pine Bluff, Ark., Robert Williams was hanged for the murder of Albert Hayes in November, 1890. THE marriage of Miss Nina Van %andt. the so-called widow of the executed anarchist, August Spies, to Stefano S. Malato, a young Italian journalist, took place in Chicago. N. II. VAN SICKLEN. of Chicago. made 25 miles in 1 hour. 25 minutes and 11 seconds in a bicycle race at Detroit, Mich. AT West Superior, Wis., during a windstorm a new building was blown down and five persons were killed and some twenty others injured. AT St. Mary's, O., the chain works were struck by lightning, and seventy of the employes were knocked speechless by the shock and some were serieusly stunned. THE failure of the First national bank of Wyandotte, Kan., with liabilities of $100,000 and assets of $200,000 was reported. THE death of Gen. B. F. Kelley, who raised the first regiment of loyal troops south of Mason and Dixon's line during the war of the rebellion, occurred at his home near Oakland. Md. AT Eldon, Ia., an incendiary fire destroyed the business portion of the town. IN the northeastern portion of Puiaski county. Ark., a storm did great damage to the growing crops. THE grain in the path of a storm for a distance of 5 miles was destroyed in the township of Luxemburg, Minn. NEAR Fort Collins, Col., a heavy hailstorm greatly damaged grain over a tract 20 miles long and 3 wide. NEAR Glencoe, Minn., Gustav Kuthkee and his two little boys were probably fatally injured by being run over by a mowing machine. THE evangelist. Rev. Sam Small, is to be managing editor of the new Evening Herald of Atlanta, Ga.

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AN INSOLVENT BANK

-The controller of the currency today received a report from Bank Examiner Marshall which shows that the First National Bank of Kansas City, Kan., is insolvent. A receiver will be appointed immediately.

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FAILURES

W ASHINGTON, July - -The comptroller of the currency said today that it would be found necessary to place the First National bank of Kansas City, Kan., in the hands of a receiver. SAN FRANCISCO, July 27.-A run began upon the People's Savings bank today and several thousand dollars were paid to depositors. The bank commissioners have begun an investigation of the bank's affairs. The bank officers state that the institution is perfectly solvent. ATCHISON, Kau., July 27.-H. C. Solomon, agent of the First National bank of Chicago, has completed the work of invoicing the Howell, Jewett & Co. lumber yard in this city. The yard, including real estate and material on hand invoices $108,764.95. The real estate is valued at $25,000. The outstanding accounts will aggregate $25,000.

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THE NEWS IN BRIEF

Theodore D. Lorich, of Jersey City, was drowned at Sharon, Mass. The anti-pool selling law at St. Louis has been declared cunconstitutional. Captain William W. Bair, of Clarion, Pa., has been appointed president judge of Clarion county, to succeed the late Theophilus Wilson. Eighty motor men and conductors of the Newark (N.J.) Passenger Railway company have struck for a reduction of hours and an increase of wages. The Massachusetts Democratic state convention will be held on Tuesday, Sept. 29, at Worcester. The First National Bank of Kansas City Kan., is insolvent. A receiver will be appointed. Ex-Governor Paul Dillingham, of Vermont, died July 27. He was a member of congress in 1844 and governor in 1865. E. H. Morris, of the Republican state central committee of Illinois, has been offered the position of minister to Liberia by the president. Mrs. Samuels, the mother of Jesse James, the outlaw, has received an offer to exhibit the James log house near Kearny, Mo., at the World's fair. The lobster factories at Bay of Islands, N. F., with the exception of those operated by the French, have been closed by the commander of the British ship Pelican. A conscience stricken unfortunate has sent thirty-eight one dollar lottery tickets, none of which drew a prize, to the dead letter office, with the comment that the lottery is a humbug. Treasury officials are said to be greatly worried over the letter written by Mr. Owen, superintendent of immigration, in which he said tin plate workers might be brought into this country in spite of the contract labor law.

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A KANSAS CITY BANK IN TROUBLE

Washington, July 27.-The Controller of the Currency said to-day that it would probably be found necessary to place the First National Bank of Kansas City, Kan., in the hand of a receiver.

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KANSAS CITY BANK RECEIVER

- - The controller of the currency today appointed Mr. Wm. T Atkinson of Hutchinson, Kan., receiver of the First National Bank of Kansas City, Kan.

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A Receiver Appointed

WASHINGTON, August 17.-The Controller of the Currency to-day appointed Mr. Wm. T. Atkinson, of Hutchinson, Kan., receiver of the First National Bank of Kansas City, Kan.

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Bank Receiver Appointed

WASHINGTON, Aug. 17.-The comptroller of the currency to-day appointed William T. Atkinson of Hutchinson, Kan., receiver of the First National Bank of Kansas City, Kan.

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WASHINGTON

THE president has appointed George A. Birdsall postmaster at Chadron, Neb., vice F. B. Carty, resigned. RICHARD COLTS SHANNON, of New York, has been appointed Urited States minister to Central America. THE United States government is negotiating for the island of St. Thomas for a West Indies coaling station. SECRETARY TRACY says he is planning to have the white squadron visit the gulf states this fall and winter, and, if possible, 20 up the Mississippi as far as Vicksburg. THE comptroller of the currency on Monday appointed William T. Atkinson, of Hutchinson, Kan., receiver of the First National bank of Kansas City, Kan. THE foreign ministers to China are said to have made a concerted demand for reparation for the lives of Europeans and Americans killed in the recent riots in the Celestial empire. AT the request of the Indian bureau the general land office has sent two agents to the Fond du Lac Indian reservation to put a stop to the timber stealing upon the Indian lands. One of the agents will take charge of the timber already cut and the other will see what can be done with those who have taken the timber.

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Its Assets Small

KANSAS CITY, Sept. 17.-The appraisers appointed by Judge Alder, of the district court of Wyandotte county, to ascertain the value of the assets of the suspended First National Bank of Kansas City, filed their report to-day. Assets appraised at $1,680. The liabilities of the bank are $34,000.

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CRISIS PASSED Kansas City, Mo', Dec. 6. .-There were no evidence of a run on any local banks in the early hours today. Bank officials generally gave it as their opinion that the crisis resulting from the failure yesterday of the National Bank of Commerce was over, and that normal condition would soon exist again. Many depositors were reassure by declarations of officials of that institution that it would not only pay its depositors in full, but that the stockholders also would loose nothing. One of the three small banks that closed yesterday, the First National Bank of A rgentine, Kansas, re-opened for busi ness this morning. The bank has deposits of a quarter of a million of dollars and the cashier says it is in a perfectly sound condition.

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CRISIS PASSED Kansas City, Mo: Dec. -There were no evidence of a run on any local banks in the early hours today. Bank officials generally gave H. as their opinion that the crisis resulting from the failure yesterday of the National Bank of Commerce was over, and that normal condition would soon exist again. Many depositors were reassure by declarations of officials of that institution that it would not only pay its depositors in full, but that the stockholders also would loose nothing. One of the three small banks that closed yesterday, the First National Bank of A rgentine, Kansas. re-opened for busi. ness this morning. The bank has deposits of A quarter of I million of dollars and the cashier says It is in a perfectly sound condition.