3745. Northwestern State Bank (Sibley, IA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
April 7, 1893
Location
Sibley, Iowa (43.399, -95.752)

Metadata

Model
gpt-5-mini
Short Digest
67a104d0

Response Measures

None

Description

The Northwestern State Bank of Sibley closed its doors and made a general assignment in April 1893; a receiver (H. R. Thayer) was appointed April 1893 and later reports (April 1894) show a different receiver (Kerr D. Dunlap) named. No run is mentioned in the articles; cause of failure is reported as unknown.

Events (3)

1. April 7, 1893 Suspension
Cause Details
Articles state the cause of the failure is unknown; bank closed and made a general assignment for creditors.
Newspaper Excerpt
The Northwestern state bank at Sibley closed its doors this morning and has made a general assignment in favor of its creditors, with no preference. ... The cause of the failure IS unknown.
Source
newspapers
2. April 19, 1893 Receivership
Newspaper Excerpt
In the district court yesterday the application on behalf of the auditor of the state for the appointment of a receiver for the Northwestern State Bank, of Sibley, was heard and Judge Wakefield appointed H. R Thayer, the assignee, as receiver. Thayer claims he can manage the bank's affairs to pay all claims, though the stockholders will lose all their investments of $75,000.
Source
newspapers
3. April 24, 1894 Receivership
Newspaper Excerpt
Sibley, Iowa, April 24. - Reliable information has been received that Judge Gaynor has determined to appoint Kerr D. Dunlap as receiver of the Northwestern State Bank of Sibley.
Source
newspapers

Newspaper Articles (17)

Article from The Providence News, April 7, 1893

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Article Text

IOWA BANK SUSPENDED. Business Men and Farmers at Sibley, Iowa, Lose $440,000. SIOUX CITY, Iowa, April 7.-The Northwestern state bank at Sibley. closed its doors this morning and has made a general assignment in favor of its creditors, with no preference. Parties who have been investigating in the interest of the creditors place the liabilities at $450,000, all of which, with the exception of $10,000 belongs to the depositors, business men and farmers mostly. The cause of the failure IS unknown.


Article from St. Paul Daily Globe, April 7, 1893

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BANK ASSIGNED. The Northwestern State at Sibley, Io., Closes Its Doors. SIOUX CITY, Io., April 6. - The Northwestern State Bank of Sibley, lo., closed its doors this morning. Soon after the doors were closed it was announced that a general assignment was made for the benefit of creditors with no preferences, and L. S. Thayer was named as assignee. Liabilities are said to be fully $150.000, and that the assets will not exceed $75,000, while the bank officers say they will be able to pay dollar for dollar in reasonable time. The greater portion of the liabilities, possibly with the exception of $10.000, represents the claims of the depositors, mostly business men in Sibley and farmers in the surrounding country. There is no definite information yet as to the cause of the failure.


Article from The Times, April 8, 1893

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Article Text

A State Bank Suspends. SIOUX, IOWA., April 7.-The Northwestern State Bank, of Sibley, Iowa, closed its doors yesterday morning. Soon after the doors were closed it was announced that a general assignment had been made for the benefit of the creditors, with no preferences, and H. E. Thayer was announced as the assignee. Parties representing the creditors stated that the liabilities are fully $150,000, and that the assets will not exceed $75,000, while the bank officers say that they will be able to pay dollar for dollar in reasonable time. The greater portion of the liabilities, possibly, with the exception of $10,000, represents the claims of depositors, mostly business men in Sibley and farmers in the surrounding country. There is no definite information as yet as to the cause of the failure.


Article from Evening Journal, April 19, 1893

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STOCKHOLDERS LOSE ALL. Sibley's Bank Receiver Can Pay All Claims But No Investments. SIOUX CITY, Iowa, April 19.-In the district court yesterday the application on behalf of the auditor of the state for the appointment of a receiver for the Northwestern State Bank, of Sibley, was heard and Judge Wakefield appointed H. R Thayer, the assignee, as receiver. Thayer claims he can manage the bank's affairs to pay all claims, though the stockholders will lose all their investments of $75.000.


Article from Evening Star, April 19, 1893

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Article Text

Thinks He Can Pay All Claims. SIOUX CITY. IOWA, April 19.-In the district court yesterday the application on behalf of the auditor of the state for the appointment of a receiver for the Northwestern State Bank of Siblev was heard. and Judge Wakefield appointed H. R. Thayer, the assignee. as receiver. Thaver claims he can manage the bank's a fairs to pay all claims. though the stockholders will lose all their investments of $75,000.


Article from Audubon County Republican, April 20, 1893

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NEWS OF THE STATE made -Serious charges have Chicago Deen Triprison. by bune a correspondent against the warden of the of Anamosa at formed -The Hawkeye Milling Sioux City, Company, has a for recently site and let contracts to cost $100,000. bought 500 barrel flouring mill reVinton, The Central house, refitted at by A. H. purchased and from decently caught fire at night $500 damSutton, fective flues and dia about livage. -Mr. and Mrs. James D. lost Greene, four chiling at Des Moines, have more than week, child IS left them. dren with within malignant little diphtherin But one RheuColfax Mineral Water Cures Conin all forms, Dyspepsia. and Liver matism stipation, Valaria, Kidney etc., write For testimonials. Colfax, Iowa. troubles to Colfax Bottling Works, the Mara Webster, editor of received shalltown dispatch By ron from Statesman, Washington, has postmaster notifying vice !ltown, him of his appointment as C. McFarland spirited for this resigned. of Marshal This position closes a between very Webcontest and ex- Mayor Anson. district ster Wakefield, in the petition -Judge at Sieux City. heard the receiver for court the appointment of bank a of Sibley. for Northwestern State made by the of The the application was the state on behalf torney general anditor, and the court the of the state Thayer, assignee of can named 11. receiver. E. Thayer says he reprebank, as claims, but the stock, loss. pay all $75,000, will be a total bursenting The postoffice at Glidden in the was glarized safe blown sedoor about of the o'clock stamps morning, off, and the money and $80 in of the $8.50 in Dela Waldron. cashier next door, cured. National bank, sleeping but supposed them in the room The it was the safe explosion it was noise heard of Postmaster but he Campbell. thought awakened it. at the door to open No clue to the him someone doubtless kicking robbers. council has just The Fort Dodge a long city felt want by passing accommodated a sewerage by ordinance. C. F. Loweth, Plans of been the entire sewerage St. have Paul, covering district drawn Contracts once. city for Sewers in con- one struction will be let at part of the laid in the business system will city will immediately be racidly and the as petitioned extended as The cost for in be all by cases the property is charged holders. to the abutting property. Manville Tarbox, residing committed few miles Mrs. east of Anamosa, throat with knife. suicide by cutting She her cut two great Mr. Tarbox build butcher holes in her, wind the pipe. fire and when horwent cutting her got up back to to his wife's bed he throat. was He disarmed tore the rified to see her her and she put her wound fingers with in the gash She and had just got home where from her the hand. asylum at Independence, she had been for two years June the fruit commission Sioux City Last of Hartop & Hanson insurance at comfirm burned out and the $25,000 insurance. pames was declined The came firm to out pay sued, at the and the trial sensation- a few testimony companies days al put on ago. the who stand The swore insurance several to having, employes the under un- of the firm helped dispose of that instructions. after the fire so damaged stock could be swelled. Other were the loss of the firm fraudulent acts The case is still on trial. brought out. Julia A. Weisner died relict sudden- of Mrs. She was the the late land owner of aire ly at banker Eldora Lyman and Weisner, the killed million- Hardin by in the who was accidentally summer of The latter died in county, his 1889. only son, George. heirs of the January vast Weisner last estate are the young and the only widow of George There her two little children. and and been much litigation of controversy has already over the adminis Weisner's deat the demise of the estate since young the mother will murdoubtless and revive the controversy. the The mystery policemen surrounding at Dubuque der of the two the roads centerofficer in the work within ing still in the unsolved. on city the have case, All set and their every detectives a radious least answering to forty city of 100 is arrests on miles the have alert of Dubuque. been the descrip- made, At but none fully them will be detained tion. bloody Some of revolver found identified near the scene The of the murder has been who flourbelonging to man house, which ps ene at the American bartender ished it from him by a man and was taken afterwards returned. This be easily identified. could Da avenport board of health has -The notice to all people five issued a clean their preuises the in work thoroughly or the city would do property as and council is days charge it against the investigatspecial tax. The of the crematory for irg the building offal and garbage. A. W. association Iowa advisor the Dr. burning Cantwell, of all health president associa- of and the Iowa public of the National state quarantion. has been and appointed a rigid inspection Dav- of tine officer. the state at immigrants entering during the sumis to be made steps are enport The most stringent and othmer. taken to render cholera er entrance. being epidemies impossible and prevent their & Shorthill, of Marshall the conGilman just been awarded town. tract for have about two miles streets of additional in that city. brick paving There were on various seven bidders from


Article from Waterbury Evening Democrat, December 30, 1893

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BUSINESS TROUBLES. Some of the Wrecks Caused by the Great Financial Depression. JANUARY. 6. Wickham & Co., wholesale fish dealers of Huron, O., failed for $250,000. FEBRUARY. of The First National bank of Little Rock suspended. 8. The banking house of F.V. Rockafellow at Wilkesbarre, Pa., closed its doors. 93. Beaupre, Keogh & Davis, wholesale grocers, assigned in St. Paul; liabilities over $400,000. MARCH. 13. The Atkinson House Furnishing company of Maine assigned in Boston: liabilities, $1,500,000. 14. The Kansas Trust and Banking company. at Kansas City, suspended, with liabilities of $800,000. 23. Dobbins & Dazy, cotton brokers, assigned in Nashville; liabilities, $1,000,000. APRIL 7. The Northwestern State bank of Sibley. la. closed its doors; liabilities, $150,000. 12 The English, Scottish and Australian Chartered bank failed, with liabilities of £8, 000,000. 20. The Australian Joint Stock bank failed for £13,000,000. 8 The Bank of Milbank, S. D., assigned, with liabilities of $100,000. 25. The Union Loan and Trust company of Sioux City closed its doors; liabilities, $750.000. 30. The National Bank of Australasia failed for £7,500,000. MAY. 1. F. H. Weeks, president of the Land and River Improvement company, West Superior. Wis., assigned. 8. H. H. Warner, the patent medicine mannfacturer of Rochester, assigned: liabilities estimated at $500,000. 9. The Bank of Vietoria, at Melbourne, suspended, with £2,400,000 liabilities. 11. The Capital National bank. at Indianapolis, suspended. R. R. Robinson & Co., bankers of Wilmington, Del., failed, with liabilities of over $226,000. 12. The Sioux City (la) Engine works suspended: liabilities, $200,000. Thomas & Sons, whisky dealers in Louisville, failed owing from $150,000 to $400,000. 13. Bank failures at Orleans and Rossville, Ind., at Freeport, O., and Rockford, Mich. Steel company at Bellville, Ills.. placed in hands of a receiver. Kendall & Smith, grain dealers of Lineoln, Neb., failed for over $250,000. 15. Erastus Wiman, a New York capitalist, made an assignment. 26. Ex-Secretary of the Treasury Charles Foster of Fostoria, O., assigned, with liabilities of nearly $1,000,000. 28. National banks at Fargo and Lakota, N. D., closed by the comptroller. JUNE. 5. The Kansas Grain company, owning 106 elevators, failed. JULY. 18. Exciting bank panic in Denver. 25. The Erie railway went into the hands of receivers: the floating debt is $6,000,000. AUGUST. of The North American Packing and Provision company assigned in Chicago, with $750,000 liabilities. 4. Receivers were appointed for the business of J. H. Walker & Co., dry goods dealers, who succeeded to the Chicago trade of A. T. Stewart & Co.: debts, $2,000,000 N. L. Carte & Co., the old tin plate importers, assigned in New York city: liabilities, $350,000. 9. R. H. Coleman, the "Iron King" of Lebanon, Pa., assigned. DECEMBER. 1. Abe Stein & Co., heavy importers of goat skins, hides, etc., failed in New York for over $1,000,000. 4. Green B. Raum, Jr., general merchant and Indian trader at Perry. O. T., failed. The Citizens' National bank of Grand Island, Neb., closed its doors. 5. N.J. Schloss & Co., wholesale clothiers in New York. assigned.


Article from The Providence News, December 30, 1893

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BUSINESS TROUBLES. Some of the Wrecks Caused by the Grea. Financial Depression. JANUARY. 6. Wickham & Co., wholesale fish dealers o. Huron, O., failed for $250,000. FEBRUARY. 2. The First National bank of Little Rock suspended. 8. The banking house of F. V. Rockafellow at Wilkesbarre, Pa., closed its doors. 93. Beaupre, Keogh & Davis, wholesale gro eers, assigned in St. Paul: liabilities over $400,000. MARCH. 13. The Atkinson House Furnishing company of Maine assigned in Boston: liabilities $1,500,000. 14. The Kansas Trust and Banking company at Kansas City, suspended, with liabilities of $800,000. 23. Dobbins & Dary. cotton brokers, assigned in Nashville: liabilities, $1,000,000. APRIL. 7. The Northwestern State bank of Sibley, la. closed its doors; liabilities, $150,000. 12. The English, Scottish and Australian Char tered bank failed. with liabilities of £8, 000,000. 20. The Australian Joint Stock bank failed fo. £13,000,000. 22. The Bank of Milbank, S. D., assigned. with liabilities of $100,000. 25. The Union Loan and Trust company o Sioux City closed its doors: liabilities, $750, 000. 30. The National Bank of Australasia failee for £7,500,000. MAY. 1 F. H. Weeks. president of the Land ane River Improvement company, West Supe rior, Wis., assigned. a. H. H. Warner, the patent medicine manu facturer of Rochester, assigned: liabilitie. estimated at $500,000. 9. The Bank of Victoria, at Melbourne, sus pended. with £2,400,000 liabilities. 11. The Capital National bank, at Indianapo lis, suspended. R. R. Robinson & Co., bankers of Wilming ton, Del., failed, with liabilities of over $326,000. 12. The Sieux City (Ia.) Engine works suspend ed; liabilities, $200,000. Thomas & Sons, whisky dealers in Louis ville. failed owing from $150,000 to $400,000. 13. Bank failures at Orleans and Rossville Ind., at Freeport, O., and Rockford, Mich. Steel company at Bellville, Ills., placed it hands of a receiver. Kendall & Smith, grain dealers of Lincoln Neb., failed for over $250,000. 15. Erastus Wiman, a New York capitalist made an assignment. 26. Ex-Secretary of the Treasury Charles Fos. ter of Fostoria, O., assigned, with liabilities of nearly $1,000,000. 28. National banks at Fargo and Lakota, N D., closed by the comptroller. JUNE. & The Kansas Grain company, owning 106 el evators, failed. JULY. 18. Exciting bank panic in Denver. 25. The Erie railway went into the hands o receivers: the floating debt is $6,000,000. AUGUST. 2. The North American Packing and Provi sion company assigned in Chicago, with $750,000 liabilities. a Receivers were appointed for the busines. of J. H. Walker & Co., dry goods dealers who succeeded to the Chicago trade of A T. Stewart & Co.: debts. $2,000,000. N. L. Carte & Co., the old tin plate import ers, assigned in New York city: liabilities $350,000. 9. R. H. Coleman, the "Iron King" of Leba non, Pa., assigned. DECEMBER. 1. Abe Stein & Co., heavy importers of goa. skins, hides, etc., failed in New York for over $1,000,000. 4. Green B. Raum. Jr., general merchant and Indian trader at Perry, O. T., failed. The Citizens' National bank of Grand Island Neb., closed its doors. 6. N. J. Schloss & Co., wholesale clothiers it New York, assigned.


Article from The Helena Independent, January 1, 1894

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BUSINESS TROUBLES. Some of the Wrecks Caused by the Great Financial Depression. JANUARY. 6. Wickham & Co., wholesale fish dealers of Huron, O., failed for $250,000. FEBRUARY. 2. The First National bank of Little Rock suspended. 8. The banking house of F. V. Rockarellow at Wilkesbarre, Pa., closed its doors. 93. Beaupre, Keogh & Davis, wholesale grocers, assigned in St. Paul: liabilities over $400,000. MARCH. 13. The Atkinson House Furnishing company of Maine assigned in Boston: liabilities, $1,500,000. 14. The Kansas Trust and Banking company, at Kansas City, suspended, with liabilities of $800,000. 23. Dobbins & Dazy, cotton brokers. assigned in Nashville; liabilities, $1,000,000. APRIL. 7. The Northwestern State bank of Sibley, la., closed its doors; liabilities, $150,000. 12. The Seglish, Scottish and Australian Chartered bank failed, with liabilities of £8,000,000. 20. The Australian Joint Stock bank failed for £13,000,000. 22. The Bank of Milbank, S. D., assigned, with liabilities of $100,000. 25. The Union Loan and Trust company of Sioux City closed its doors: liabilities, $750.000. 30. The National Bank of Australasia failed for £7,500,000. MAY. 1. F. H. Weeks, president of the Land and River Improvement company, West Superior, Wis., assigned. 8. H. H. Warner, the patent medicine manufacturer of Rochester, assigned: liabilities estimated at $500,000. 9. The Bank of Victoria, at Melbourne, suspended, with £2,400,000 liabilities. 11. The Capital National bank, at Indianapolis, suspended. R. R. Robinson & Co., bankers of Wilmington. Del,, failed, with liabilities of over $326,000. 12. The Sioux City (Ia.) Engine works suspended; liabilities, $200,000. Thomas & Sons, whisky dealers in Louisville. failed owing from $150,000 to $400,000. 18. Bank failures at Orleans and Rossville, Ind., at Freeport, O., and Rockford, Mich. Steel company at Bellville, Ills., placed in hands of a receiver. Kendall & Smith, grain dealers of Lincoln. Neb., failed for over $250,000. 15. Erastus Wiman, a New York capitalist, made an assignment. 26. Ex-Secretary of the Treasury Charles Foster of Fostoria, O., assigned, with liabilities of nearly $1,000,000. 28. National banks at Fargo and Lakota. N. D., closed by the comptroller. JUNE. 5. The Kansas Grain company, owning 106 elevators, failed. JULY. 18. Exciting bank panic in Denver. 25. The Erie railway went into the hands of receivers: the floating debt is $6,000,000. AUGUST. 2. The North American Packing and Provision company assigned in Chicago, with $750,000 liabilities. 4. Receivers were appointed for the business of J. H. Walker & Co., dry goods dealers, who succeeded to the Chicago trade of A. T. Stewart & Co.; debts, $2,000,000. N. L. Carte & Co., the old tin plate importers, assigned in New York city: liabilities, $850,000. 9. R. H. Coleman, the "Iron King" of Lebanon, Pa., assigned. DECEMBER. 1. Abe Stein & Co., heavy importers of goat skins, hides, etc., failed in New York for over $1,000,000. 4. Green B. Raum, Jr., general merchant and Indian trader at Perry, O. T., failed. The Citizens' National bank of Grand Island, Neb., closed its doors. 5. N. J. Schloss & Co., wholesale clothiers in New York, assigned.


Article from The Helena Independent, January 1, 1894

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BUSINESS TROUBLES. Some of the Wrecks Caused by the Great Financial Depression. JANUARY. 6. Wickham & Co., wholesale fish dealers of Huron. O., failed for $250,000. FEBRUARY. 2. The First National bank of Little Rock suspended. 8. The banking house of F. V. Rockatellow at Wilkesbarre, Pa., closed its doors. 93. Beaupre, Keogh & Davis, wholesale grocers, assigned in St. Paul: liabilities over $400,000. MARCH. 13. The Atkinson House Furnishing company of Maine assigned in Boston: liabilities, $1,500,000. 14. The Kansas Trust and Banking company, at Kansas City, suspended, with liabilities of $800,000. 23. Dobbins & Dazy, cotton brokers. assigned in Nashville: liabilities, $1,000,000. APRIL. 7. The Northwestern State bank of Sibley, la., closed its doors; liabilities, $150,000. 12. The English, Scottish and Australian Chartered bank failed, with liabilities of £8,000,000. 20. The Australian Joint Stock bank failed for £13,000,000. 22. The Barik of Milbank, S. D., assigned, with liabilities of $100,000. 25. The Union Loan and Trust company of Sioux City closed its doors: liabilities, $750.000. 30. The National Bank of Australasia failed for £7,500,000. MAY. 1. F. H. Weeks, president of the Land and River Improvement company, West Superior, Wis., assigned. 8. H. H. Warner, the patent medicine manufacturer of Rochester, assigned: liabilities estimated at $500,000. 9. The Bank of Victoria, at Melbourne, suspended, with £2,400,000 liabilities. 11. The Capital National bank, at Indianapoled. lis. 8" R. Jinson & Co., bankers of Wilmington. Del., failed, with liabilities of over $326,000. 12. The Sioux City (Ia.) Engine works suspended; liabilities, $200,000. Thomas & Sons, whisky dealers in Louisville, failed owing from $150,000 to $400,000. 13. Bank failures at Orleans and Rossville, Ind., at Freeport, O., and Rockford, Mich. Steel company at Bellville, Ills., placed in hands of a receiver. Kendall & Smith, grain dealers of Lincoln, Neb., failed for over $250,000. 15. Erastus Wiman, & New York capitalist, made an assignment. 26. Ex-Secretary of the Treasury Charles Foster of Fostoria, O., assigned, with liabilities of nearly $1,000,000. 28. National banks at Fargo and Lakota. N. D., closed by the comptroller. JUNE. 5. The Kansas Grain company, owning 106 elf evators, failed. JULY. 18. Exciting bank panic in Denver. 25. The Erie railway went into the hands of receivers; the floating debt is $6,000,000. AUGUST. 2. The North American Packing and Provision company assigned in Chicago, with $750,000 liabilities. 4. Receivers were appointed for the business of J. H. Walker & Co., dry goods dealers, who succeeded to the Chicago trade of A. T. Stewart & Co.: debts, $2,000,000. 1 N. L. Carte & Co., the old tin plate importers, assigned in New York city: liabilities, $850,000. 9. R. H. Coleman, the "Iron King" of Lebanon, Pa., assigned. S DECEMBER. 1. Abe Stein & Co., heavy importers of goat skins, hides, etc., failed in New York for over $1,000,000. 4. Green B. Raum, Jr., general merchant and Indian trader at Perry, O. T., failed. The Citizens' National bank of Grand Island, n Neb., closed its doors. 5. N.J. Schloss & Co., wholesale clothiers in New York, assigned.


Article from The Roanoke Times, January 2, 1894

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BUSINESS TROUBLES. Some of the Wrecks Caused by the Great Financial Depression. JANUARY. 6. Wickham & Co., wholesale fish dealers of Huron, O., failed for $250,000. FEBRUARY. 2. The First National bank of Little Rock suspended. 8. The banking house of F. V. Rockarellow at Wilkesbarre, Pa., closed its doors. 93. Beaupre, Keogh & Davis, wholesale grocers, assigned in St. Paul: liabilities over $400,000. MARCH. 13. The Atkinson House Furnishing company of Maine assigned in Boston: liabilities, $1,500,000. 14. The Kansas Trust and Banking company, at Kansas City, suspended, with liabilities of $800,000. 23. Dobbins & Dazy, cotton brokers, assigned in Nashville: liabilities, $1,000,000. APRIL. 7. The Northwestern State bank of Sibley, Ia., closed its doors: liabilities, $150,000. 12. The English, Scottish and Australian Chartered bank failed, with liabilities of £8,4 000,000. 20. The Australian Joint Stock bank failed for £13,000,000. 22. The Bank of Milbank, S. D., assigned, with liabilities of $100,000. 25. The Union Loan and Trust company of Sioux City closed its doors: liabilities, $750.00 000. 30. The National Bank of Australasia failed for £7,500,000. MAY. 1. F. H. Weeks, president of the Land and River Improvement company, West Superior, Wis., assigned. 8. H. H. Warner, the patent medicine manufacturer of Rochester, assigned: liabilities estimated at $500,000. 9. The Bank of Victoria, at Melbourne, suspended, with £2,400,000 liabilities. 11. The Capital National bank. at Indianapo lis, suspended. R. R. Robinson & Co., bankers of Wilmington, Del., failed, with liabilities of over $326,000. 12. The Sioux City (la.) Engine works suspended: liabilities, $200,000. Thomas & Sons, whisky dealers in Louis ville, failed owing from $150,000 to $400,000. 13. Bank failures at Orleans and Rossville Ind., at Freeport, O., and Rockford, Mich. Steel company at Bellville, Ills., placed in hands of a receiver. Kendall & Smith, grain dealers of Lincoln, Neb., failed for over $250,000. 15. Erastus Wiman, a New York capitalist, made an assignment. 26. Ex-Secretary of the Treasury Charles Foster of Fostoria, O., assigned, with liabilities of nearly $1,000,000. 28. National banks at Fargo and Lakota, N. D., closed by the comptroller. JUNE. 5. The Kansas Grain company, owning 106 elevators, failed. JULY. 18. Exciting bank panic in Denver. 25. The Erie railway went into the hands of receivers: the floating debt is $6,000,000. AUGUST. 2. The North American Packing and Provision company assigned in Chicago, with $750,000 liabilities. 4. Receivers were appointed for the business of J. H. Walker & Co., dry goods dealers, who succeeded to the Chicago trade or A. T. Stewart & Co.; debts, $2,000,000. N. L. Carte & Co., the old tin plate import. ers, $350,000. assigned in New York city; liabilities, 9. R. H. Coleman, the "Iron King" of Lebanon, Pa., assigned. DECEMBER. 1. Abe Stein & Co., heavy importers of goat skins, hides, etc., failed in New York for over $1,000,000. 4. Green B. Raum. Jr., general merchant and Indian trader at Perry, O. T., failed. The Citizens' National bank of Grand Island, Nob., closed its doors. 5. N. J. Schloss & Co., wholesale clothiers in New York, assigned.


Article from Ellsworth American, January 4, 1894

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Some of the Wrecks Caused by the Great Financial Depression. JANUARY. 6. Wickham & Co., wholesale fish dealers of Huron, O., failed for $250,000. FEBRUARY. 2. The First National bank of Little Rock suspended. 8. The banking house of F. V. Rockatellow at Wilkesbarre, Pa., closed its doors. 93. Beaupre, Keogh & Davis, wholesale grocers, assigned in St. Paul: liabilities over $400,000. MARCH. 13. The Atkinson House Furnishing company of Maine assigned in Boston: liabilities $1,500,000. 14. The Kansas Trust and Banking company at Kansas City, suspended, with liabilities of $800,000. 28. Dobbins & Dazy, cotton brokers, assigned in Nashville: liabilities, $1,000,000. APRIL. 7. The Northwestern State bank of Sibley. la. closed its doors; liabilities, $150,000. 12. The English, Scottish and Australian Char tered bank failed, with liabilities of £8. 000,000. 20. The Australian Joint Stock bank failed for £13,000,000. 22. The Bank of Milbank, S. D., assigned. with liabilities of $100,000. 25. The Union Loan and Trust company 01 Sioux City closed its doors: liabilities, $750.000. 30. The National Bank of Australasia failed for £7,500,000. MAY. 1. F. H. Weeks. pre-ident of the Land and River Improvement company. West Supe. rior, Wis., assigned. 8. H. H. Warner, the patent medicine mann facturer of Rochester, assigned: liabilities estimated at $000,000. 9. The Bank of Victoria. at Melbourne, sus pended. with £2,400,000 liabilities. 11. The Capital National bank. at Indianapo lis, suspended. R. R. Robinson & Co., bankers of Wilming ton. Del., failed, with liabilities of over $326,000. 12. The Sioux City (la.) Engine works suspend ed; liabilities, $200,000. Thomas & Sons, whisky dealers in Louis ville, failed owing from $150,000 to $400,000. 13. Bank failures at Orleans and Rossville Ind., at Freeport, O., and Rockford, Mich. Steel company at Bellville, Ills., placed in hands of a receiver. Kendall & Smith, grain dealers of Lincoln Neb., failed for over $250,000. 15. Erastus Wiman, a New York capitalist made an assignment. 26. Ex-Secretary of the Treasury Charles Foster of Fostoria, O., assigned, with liabilities of nearly $1,000,000. 28. National banks at Fargo and Lakota. N D., closed by the comptroller. JUNE. & The Kansas Grain company. owning 106 el. evators, failed. JULY 18. Exciting bank panic in Denver. 25. The Erie railway went into the hands of receivers; the floating debt is $6,000,000. AUGUST. 2. The North American Packing and Provision company assigned in Chicago, with $750,000 liabilities. a Receivers were appointed for the business of J. H. Walker & Co., dry goods dealers, who succeeded to the Chicago trade of A. T. Stewart & Co.: debts. $2,000,000. N. L. Carte & Co., the old tin plate import. ers, assigned in New York city: liabilities, $350,000. 2. R. H. Coleman, the "Iron King" of Leba. non, Pa., assigned. DECEMBER. 1. Abe Stein & Co., heavy importers of goat skins, hides, etc., failed in New York for over $1,000,000. 4. Green B. Raum, Jr., general merchant and Indian trader at Perry, O. T., failed. The Citizens' National bank of Grand Island. Neb., closed its doors. 5. N.J. Schloss & Co., wholesale clothiers in New York, assigned.


Article from Connecticut Western News, January 4, 1894

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BUSINESS TROUBLES. Some of the Wrecks Caused by the Great Financial Depression. JANUARY. 6. Wickham & Co., wholesale fish dealers of Huron, O., failed for $250,000. FEBRUARY. 2. The First National bank of Little Rock suspended. 8. The banking house of F. V. Rockatellow at Wilkesbarre, Pa., closed its doors. 93. Beaupre, Keogh & Davis, wholesale grocers, assigned in St. Paul; liabilities over $400,000. MARCH. 13. The Atkinson House Furnishing company of Maine assigned in Boston; liabilities, $1,500,000. 14. The Kansas Trust and Banking company. at Kansas City, suspended, with liabilities of $800,000. 23. Dobbins & Dazy, cotton brokers, assigned in Nashville; liabilities, $1,000,000. APRIL. 7. The Northwestern State bank of Sibley, Ia.. closed its doors; liabilities, $150,000. 12. The English, Scottish and Australian Chartered bank failed, with liabilities of £8,000,000. 20. The Australian Joint Stock bank failed for £13,000,000. 22. The Bank of Milbank, S. D., assigned, with liabilities of $100,000. 25. The Union Loan and Trust company of Sioux City closed its doors; liabilities, $750,000. 30. The National Bank of Australasia failed for £7,500,000. MAY. 1. F. H. Weeks, president of the Land and River Improvement company, West Superior, Wis., assigned. 8. H. H. Warner, the patent medicine manufacturer of Rochester, assigned: liabilities estimated at $500,000. 9. The Bank of Victoria. at Melbourne, suspended, with £2,400,000 liabilities. 11. The Capital National bank, at Indianapolis, suspended. R. R. Robinson & Co., bankers of Wilmington, Del., failed, with liabilities of over $326,000. 12. The Sioux City (Ia.) Engine works suspended; liabilities, $200,000. Thomas & Sons, whisky dealers in Louisville, failed owing from $150,000 to $400,000. 13. Bank failures at Orleans and Rossville, Ind., at Freeport, O., and Rockford, Mich. Steel company at Bellville, Ills., placed in hands of a receiver. Kendall & Smith, grain dealers of Lincoln, Neb., failed for over $250,000. 15. Erastus Wiman, a New York capitalist, made an assignment. 26. Ex-Secretary of the Treasury Charles Foster of Fostoria, O., assigned, with liabilities of nearly $1,000,000. 28. National banks at Fargo and Lakota, N. D., closed by the comptroller. JUNE. 5. The Kansas Grain company, owning 106 elevators, failed. JULY. 18. Exciting bank panic in Denver. 25. The Erie railway went into the hands of receivers: the floating debt is $6,000,000. AUGUST. 2. The North American Packing and Provision company assigned in Chicago, with $750,000 liabilities. 4. Receivers were appointed for the business of J.H. Walker & Co., dry goods dealers, who succeeded to the Chicago trade of A. T. Stewart & Co.; debts, $2,000,000. N. L. Carte & Co., the old tin plate importers, assigned in New York city; liabilities, $350,000. 9. R. H. Coleman, the "Iron King" of Lebanon, Pa., assigned. DECEMBER. 1. Abe Stein & Co., heavy importers of goat skins, hides, etc., failed in New York for over $1,000,000. 4. Green B. Raum, Jr., general merchant and Indian trader at Perry, O. T., failed. The Citizens' National bank of Grand Island, Neb., closed its doors. 5. N.J. Schloss & Co., wholesale clothiers in New York, assigned.


Article from Middlebury Register, January 5, 1894

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BUSINESS TROUBLES. Some of the Wrecks Caused by the Great Financial Depression. JANUARY. 6. Wickham & Co., wholesale fish dealers of Huron, O., failed for $250,000. FEBRUARY. 2. The First National bank of Little Rock suspendèd. 8. The banking house of F. V. Rockatellow at Wilkesbarre, Pa., closed its doors. 93. Beaupre, Keogh & Davis, wholesale grocers, assigned in St. Paul: liabilities over $400,000. MARCH. 13. The Atkinson House Furnishing company of Maine assigned in Boston: liabilities, $1,500,000. 14. The Kansas Trust and Banking company, at Kansas City, suspended. with liabilities of $800,000. 23. Dobbins & Dazy, cotton brokers, assigned in Nashville: liabilities, $1,000,000. APRIL. 7. The Northwestern State bank of Sibley, la., closed its doors: liabilities, $150,000. 12. The English. Scottish and Australian Chartered bank failed. with liabilities of £8,000,000. 20. The Australian Joint Stock bank failed for £13,000,000. 22. The Bank of Milbank, S. D., assigned, with liabilities of $100,000. 25. The Union Loan and Trust company of Sioux City closed its doors: liabilities, $750,000. 30. The National Bank of Australasia failed for £7,500,000. MAY. 1. F. H. Weeks, president of the Land and River Improvement company, West Superior, Wis., assigned. 8. H. H. Warner, the patent medicine manufacturer of Rochester, assigned: liabilities estimated at $500,000. 9. The Bank of Victoria. at Melbourne, suspended, with £2,400,000 liabilities. 11. The Capital National bank, at Indianapolis, suspended. R. R. Robinson & Co., bankers of Wilmington, Del., failed, with liabilities of over $326,000. 12. The Sioux City (la.) Engine works suspended: liabilities, $200,000. Thomas & Sons, whisky dealers in Louisville, failed owing from $150,000 to $400,000. 13. Bank failures at Orleans and Rossville, Ind., at Freeport, O., and Rockford, Mich. Steel company at Bellville, Ills., placed in hands of a receiver. Kendall & Smith, grain dealers of Lincoln, Neb., failed for over $250,000. 15. Erastus Wiman, a New York capitalist, made an assignment. 26. Ex-Secretary of the Treasury Charles Foster of Fostoria, O., assigned, with liabilities of nearly $1,000,000. 28. National banks at Fargo and Lakota, N. D., closed by the comptroller. JUNE. 5. The Kansas Grain company, owning 106 elevators, failed. JULY. 18. Exciting bank panie in Denver. 25. The Erie railway went into the hands of receivers: the floating debt is $6,000,000. AUGUST. 2. The North American Packing and Provision company assigned in Chicago, with $750,000 liabilities. 4. Receivers were appointed for the business of J. H. Walker & Co.,dry goods dealers, who succeeded to the Chicago trade of A. T. Stewart & Co.: debts, $2,000,000. N. L. Carte & Co., the old tin plate importers, assigned in New York city; liabilities, $350,000. 9. R. H. Coleman, the "Iron King" of Lebanon, Pa., assigned. DECEMBER. 1. Abe Stein & Co., heavy importers of goat skins, hides, etc., failed in New York for over $1,000,000. 4. Green B. Raum. Jr., general merchant and Indian trader at Perry, O. T., failed. The Citizens' National bank of Grand Island, Neb., closed its doors. 5. N. J. Schloss & Co., wholesale clothiers in New York, assigned.


Article from The Sun, April 26, 1894

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A Receiver at Sibley. Sibley, Iowa, April 24.-Reliable information has been received that Judge Gaynor has determined to appoint Kerr D. Dunlap as receiver of the North. western State Bank of Sibley.


Article from The Princeton Union, April 26, 1894

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A Receiver at Sibley. Sibley, Iowa, April 24.-Reliable information has been received that Judge Gaynor has determined to appoint Kerr D. Dunlap as receiver of the Northweatern State Bank of Sibley.


Article from The Dickinson Press, April 28, 1894

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Sibley, Iowa, April 24.-Reliable in. formation has been received that Judge Gaynor has determined to appoint Kerr D. Dunlap is receiver of the Northwestern State Bank of Sibley.