Second National Bank (Ashland, KY)

Episode Information

Episode UID
394401122
Episode Type
Suspension β†’ Reopening
Bank Type
national
Bank ID
39440 national
Charter Number
3944
Start Date
June 27, 1893
Location
Ashland, Kentucky (38.478, -82.638)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
14d6d8dc4af4202a

Response Measures

None

Description

Multiple articles state the bank was solvent, suspended for inability to realize on paper, and later authorized to resume by the Comptroller.

Events (3)

1. December 7, 1888 Chartered
Source
historical_nic
2. June 27, 1893 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Inability to realize on good commercial paper and bills receivable (temporary liquidity/embarrassment)
Newspaper Excerpt
The Second National Bank of Ashland suspended payment this morning... Inability to realize on the assets caused the suspension. There is no excitement in Ashland, and there was no run on the banks in consequence.
Source
newspapers
3. July 17, 1893 Reopening
Newspaper Excerpt
Comptroller of the Currency Eckels has authorized ... the Second National bank of Ashland, Ky., to resume business.
Source
newspapers

Newspaper Articles (20)

Article from The Portland Daily Press, June 28, 1893

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Want the Sherman Law Repealed. Chicago, June 27.-The following telegram was sent to President Cleveland yesterday, signed by 38 of the leading business houses of Chicago. It is unstood that several others who did not sign this message have sent private telegrams of similar import: To the Hon. Grover Cleveland, President of the United States: Believing that the Sherman silver bill is one of the most important factors contributing to the present depressed condition of the national finances, it is our earnest request that the matter be discussed at the Cabinet meeting next convening. In our opinion the immediate repeal of this law would do more to restore confidence than any one thing, and believing it to be a question of national importance we beseech your favorable consideration. It is stated that prominent merchants in Grand Rapids, Detroit, St. Louis and St. Paul have been requested to take simlar action. Fuel Company Goes Under. SPRINGFIELD, Ills., June 27.-The Illinois Fuel company, heavy operators in mining. with headquarters in Chicago, confessed judgment today for $28,800. The total liabilities are $60,000. and the assets will hardly equal the liabilities. Furniture Makers Assign. CINCINNATI, Ohio, June 27.-Rennekemp. Brothers, manufacturers of furniture, assigned this morning; assets, $100,000; liabilities, $40,000. Will Get Their Money. ASHLAND, Ky., June 27.-The Second Notional Bank closed its doors this morning. It is solvent, but was forced to suspend because of the inability to realize on good paper. The depositors will all get their money.


Article from The Times, June 28, 1893

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Two Cineinnati Failures. CINCINNATI, O., June 27.-Louis Snyder's Sons last evening made an assignment to C. M. Harding, of Franklin, and George B. Parmlee, of Hamilton, of their four great paper mills at Hamilton, of their real estate in Butler county, and of their great paper warehouse, with contents, in Cincinnati. Their assets are over a million dollars, of which $250,000 is of debts due them, considered good. Their total liabilities are less than $300,000 It is estimated that liquidation by forced sale would leave them $450,000. Their assignment is due to the fact that they were unable to borrow from banks yesterday the sum of $7,000. It is a very old and well-established firm. CINCINNATI, O., June 27.-The firm of Rennekamp Brothers, manufacturers of furniture at Nos. 225, 227 and 229 Clinton street, made an assignment this morning. Assets, $100,000; liabilities, $40,000. Rise in Government Securities. CALCUTTA, June 27.-General satisfaction is expressed here at the action regarding currency taken by the India Council yesterday, the Government securities rose rapidly. More Bank Failures ASHLAND, KY., June 27.-The Second National Bank, of this place, closed its doors this morning. It is solvent, but was forced to suspend because of inability to realize on good paper. The depositors will get all their money.


Article from The Herald, June 28, 1893

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BUSINESS FAILURES. Several Eastern Banks and Business Enterprises Go to the Wall. SPRINGFIELD, III., June 27.-The private banking establishment of George P. Harrington of Edinburg, Ill., was closed today on a confession of judgment made by Harrington to Reuben Wilkinson. The failure of Harrington, who is part owner of a big gold mine in Arizona, coal mines in Central Illinois, and interested in St. Louis and Chicago electric railways, is a very large one, involving $225,000. The failure is due to the stringency of the money market and largely unprofitable enterprises. The Illinois Fuel company's coal mine near Springfield, was closed today by the sheriff on a judgment confessed today for $30,000 in favor of the Commercial National bank of Chicago. The plant is worth $60,000. CHICAGO, June 27.-R.A. Wells, dealer in hardwood lumber. assigned today. Assets $150,000; liabilities about the same. The cause of his failure is the recent callapse of several heavy debtors of Wells. The firm of Friedman & Co., dealers in clothing, has confessed judgments ag. gregating $60,000. The Columbian Excursion company, lessee of three hotels in the world's fair district, assigned today. Liabilities, $30,000; assets considerably more. The company had a number of contracts with eastern parties who delayed cominc. NEW YORK, June 27.-Goldman Bros., cloak manufacturers, have become financially embarrassed. The liabilities are said to be about $75,000. D. Bandell, a coffee broker, has notified the coffee exchange of his inability to meet obligations. LITTLE Rock, Ark., June 27.-The Stuttgart and Arkansas River railroad was put into the hands of a receiver this afternoon. The road is only 30 miles in length and valued at $700,000. ASHLAND, Ky., June 27.-The Second National bank has closed doors. The depositors will be paid in full.


Article from The Sun, June 28, 1893

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A Kentucky National Bank Suspends. LOUISVILLE, June 27.-The Second National Bank of Ashland suspended payment this morning. The directors and officers declare that the bank's liabilities are only $110,000. and say that its assets in good commercial paper and bills receivable amount to $200.000. Inability to realize on the assets caused the suspension. There is no excitement in Ashland. and there was no run on the banks in consequence.


Article from The Evening Herald, June 28, 1893

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A Kentucky Bank Closes. ASHLAND, Ky., June 28. -The Second National Bank of this place has closed its doors. It is solvent, but was forced to suspend because of inability to realize on good paper. The depositors will all get their money,


Article from The Worthington Advance, July 6, 1893

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WEST AND SOUTH. THE firm of S. & G. Gump, dealers in art goods at Nan Francisco, made an assignment with liabilities of $140,000. THE death of Rev. W. W, Kone, aged 90 years, occurred at Denison, Tex. He was the oldest Baptist minister in the United States, having entered the ministry at the Γ ge of 18, THE Bank of New England at Minneapolis, Minn, the Sabina (O.) bank and the bank of Ness City, Kan., closed their doors. The governor of Illinois has pardoned Michael Schwab, Samuel Fielden and Oscar Neebe, the anarchists sentenced to state's prison on the charge of complicity In the Haymarket massacre in Chicago May 4, 1886. Fielden and Schawb were sentenced to prison for life and Neebe for fifteen years. IN Detroit Frank Hayes, aged 20 years. was found guilty of murder and sentenced to imprisonment for life. THE Merchants' national bank at Moorhead, Minn., was entered by a masked man who covered the teller with a revolver and secured $2,600. T wo INDIANS, Kozine and Moneypenmy, were found guilty at Madison, Wis, of the murder of Boneash and his squaw last fall. At Lebanon, Ind., William Ransdell was bitten by a tarantula while handling bananas. In the bunch of bananas a bunch of 200 young tarantulas was found. Ransdell may recover, THE state liquor dispensary of South Carolina has begun business and all saloons would soon be closed. THE Savings bank at Fresno, Cal., and the Bank of Commerce at San Diego, Cal., which suspended recently, have resumed business. ON a bicycle H. H. Wyllie made the 1,000 miles from New York to Chicago in ten days and four hours. BERRY won the cowboy race to CHP began at Chadron, Neb., June 13. making the 1,040 miles in 13,days, 15 hours and 35 minutes-an average of 77 miles daily. Wine attempting to escape from the prison at Folsom, Cal., three convicts were shot dead by guards. AT Edinburg, Ill., G. P. Harrington, bankers failed for $200,000. American exchange bank of Minneapolis, Minn., and the Second national bank of Ashland, Ky., closed their doors. THE failure was reported of the Bedford (Ind.) Stone Quarries company, the largest producers of politic lime stone the world


Article from The Iola Register, July 7, 1893

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THE SOUTH. A BIG strike of coal miners in Alabama is threatened, ONE death has occurred from yellow fever on the Satilla river in Georgia, and every precaution has been taken to prevent its spread. THE 27th was the fifth day of a severe hot spell at New Orleans. There were eight prostrations from heat, three proving fatal. THE Second National bank of Ashland, Ky., closed its doors. It is solvent. but was forced to suspend because of inability to realize on good paper. THE Atlanta, Ga., chamber of commerce has petitioned the president to call congress together immediately to discuss the finances. NEAR Breckenridge, Tex., masked men attempted to rob a San Antonio & Aransas Pass train. Fireman Martin was shot to death. One of the robbers was captured by the fearless conductor. AT Atlanta, Ga., Miss Julia Force was declared not guilty of the murder of her two sisters, Miss Florence and Miss Minnie Force. This result was reached under the conviction that Miss Julia Force was a monomaniac on the subject of her ill-treatment by her family. She now goes free, as she has not been lawfully declared a lunatic. REV. JOSEPH B. CHESHIRE, JR., rector at Charlotte, N. C., was elected assistant bishop of the Protestant Episcopal church for the diocese of North Carolina. J. D. MAY, the Texas train robber, has made a full confession. W. A. PINKNEY and Daniel Barber were executed at Marlborough, Md., recently for the murder of Francis M. Bowie, a wealthy farmer of Prince George county, on the evening of March 26 last


Article from The Weekly Union Times, July 7, 1893

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Kentucky Bank Fails. A special from A shland, Ky., says: The Second National Bank of this place has closed its doors. It is solvent, but was forced to suspend because of inability to realize on good paper. The depositors will get all their money.


Article from The Kinsley Graphic, July 7, 1893

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THE SOUTH. THE 27th was the fifth day of a severe hot spell at New OrlΓ©ans. There were eight prostrations from heat, three proving fatal. THE Second National bank of Ashland, Ky., closed-i its doors. It is solvent, but was forced to suspend because of inability to realize on good paper. THE Atlanta, Ga., chamber of comnerce has petitioned the president to call congress together immediately to discuss the finances. NEAR Breckenridge, Tex., masked men attempted to rob a San Antonio & Aransas Pass train. Fireman Martin was shot to death. One of the robbers was captured by the fearless conductor. Ar Atlanta, Ga., Miss Julia Force was declared not guilty of the murder of her two sisters, Miss Florence and Miss Minnie Force. This result was reached under the conviction that Miss Julia Force was a monomaniac on the subject of her ill-treatment by her famdy. She now goes free, as she has not been lawfully declared a lunatic. REV. JOSEPH B. CHESHIRE, JR., rector at Charlotte, N. C., was elected assistant bishop of the Protestant Episeopal church for the diocese of North Carolina. J. D. MAY, the Texas train robber, has made a full confession. W. A. PINKNEY and Daniel Barber were executed at Marlborough, Md., recently for the murder of Francis M. Bowie, a wealthy farmer of Prince George county, on the evening of March 36 last. A HOT fight was on between the city authorities of Austin, Tex., and Joseph Nalle, president of the Water and Electric Light Co., and the council refused to pay his bill in full. Nalle immedistely issued orders to shut off the light


Article from The Cape Girardeau Democrat, July 8, 1893

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WEST AND SOUTH. AT Lebanon, Ind., William Ransdell was bitten by a tarantula while handling bananas. In the bunch of bananas a banch of 200 young tarantulas was found. Ransdell may recover. THE state liquor dispensary of South Carolina has begun business and all I saloons would soon be closed. THE Savings bank at Fresno, Cal., and the Bank of Commerce at San Diego, Cal., which suspended recently, have resumed business. ON a bicycle H. H. Wyllie made the 1.000 miles from New York to Chicago in ten days and four hours. BERRY won the cowboy race to Chicago which was begun at Chadron, Neb. June 13, making the 1,040 miles in 13 days, 15 hours and 35 minutes-an average of 77 miles daily. WHILE attempting to escape from the prison at Folsom. Cal., three convicts were shot dead by guards. AT Edinburg, III., G. P. Harrington, a private banker. failed for $200,000. THE American exchange bank of Minneapolis, Minn., and the Second national bank of Ashland, Ky., closed their doors. THE failure was reported of the Bedford (Ind.) Stone Quarries company, the largest producers of oolitic limestone in the world. IN Chicago the Illinois Fuel company, with assets of $150,000 and liabilities of $100,000, has been driven to the wall. THE monetary stringency caused the assignment in Cincinnati of Bennekamp Brothers, furniture manufacturers, and the Louis Snyder's Sons Paper company. A TRAIN struck a buggy in which were Mrs. Inholsen and three children in Chicago and two of the children were killed and the other fatally injured. THE lives of Mrs. Catherine Neumann and her three children, aged 20, 15 and 12 years respectively, were lost in flames that destroyed their home in Saginaw, Mich. JOHN HUDSON died near Battle Creek, Mich., aged 101 years. AT Oakley, Kan., a tornado destroyed thousands of dollars' worth of property. A strip of country 1 mile wide and 6 miles long was swept clean. every building in its path being torn into kindling wood. FIRE wiped out the business portion of Union City, Ind. BECAUSE she refused to live with him, Jacob Lyons, a farmer at Ottawa. O., fatally shot his wife and then killed himself. IN state convention at Cleveland the Ohio prohibitionists nominated the following ticket: For governor, Rev. Gideon P. Machlin, of Germantown: lieutenant governor, S. H. Ellis, of Warren county: treasurer, Abram Ludlow, of Springfield; attorney general, S. E. Young, of Portage; supreme court judge, J. A. Gallagher, of Bellaire. The platform adopted favors absolute destruction of the liquor traffic, indorses woman suffrage, the granting of liberal pensions, the revision of the immigration laws and the election of president and United States senators by direct vote of the people. ON trial at Atlanta, Ga.. for the murder of her two sisters Julia Force was declared not guilty and will be confined in an insane asylum. FLAMES swept away the principal part of the town of Lexington. O. T., and two men perished in the flames. AT Fairfield, Ia., Charles Wilson shot his wife fatally and then fatally shot himself. Domestic trouble was the cause. THE cabinet of the Epworth league of the United States adopted a resolution at a meeting in Cleveland which instructs the withdrawal of the league's exhibit at the world's fair because of Sunday opening.


Article from Santa Fe Daily New Mexican, July 17, 1893

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WASHINGTON TELEGRAPHIC NOTES. A case of yellow fever is reported at Gulf quarantine station, Chandler island, Miss. Congressman Springer denies that he is to be let out of the chairmanship of the ways and means committee on account of failing health. Col. Fred Grant, late minister to Austria, is in Washington. He says that country is very prosperous, with a good big surplus in the treasury. About 2,560 pensioners have been suspended under Secretary Hoke Smith's ruling, requiring beneficiaries of the act of June 27, 1890 to prove total disability. Each one has 60 days to produce proof. The treasury department has decided that un der the section of the tariff law which provides that if the value of goods exceeds the value declared in the entry more than 40 per cent, fraud may be presumed and the goods seized by the collector. Comptroller of the Currency Eckels has authorized the First National bank of Los Angeles, Cal., the National bank of Commerce of Provo Utah, and the Second National bank of Ashland, Ky., to resume business. The government will not interfore in the Franco-Siamese trouble, as American interests in Siam are very slight. There are however, about 20 missionaries, principally Presbyterians, in Siam, and the Presbyterian mission board has asked that they be protected.


Article from The Indiana State Sentinel, July 19, 1893

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MISCELLANEOUS NEWS ITEMS. War is imminent in Samoa. The Ludlow shoe company of Chicago made an assignment. The Bon Ton foundry company, Chicago, assigned. Assets, $175,000; liabilities, $200,000. Receivers were appointed for the John Kauffman brewery at Cincinnati. Assets, $600,000; liabilties, $150,000. Emil Ables, manufacturing furrier, New York, made an assignment to George Fragner without preferences. Chancellor Von Caprivi is confined to his residence by inflamed veins. He hopes to appear in the reichstag today. The Uruguay congress has made an appropriation of an additional $10,000 for the exhibit of Uruguay at the world's fair. Eighty-five cases of cholera are reported in the hospital at Alexandria, Egypt. Forty deaths from the disease have occurred. The private bank of Hay & Webb of Carmi, III., has made an assignment. The assets are about $215,000; liabilities about $180,000. At London Mrs. Bancroft, the wellknown actress, was thrown from a cab and run over. She received injuries that necessitated her removal to a hospital. Lord Coleridge, lord chief justice of England, whose sudden illness at the Newcastle assizes necessitated the adjournment of the court, has entirely recovered. The court martial that will try the officers of the British Mediterranean squadron on the charge of partial responsibility for the Victoria disaster will open in Valetta, Malta, July 17. The report from Caddo, I. T., published to the effect that Governor Jones had stated that Choctaws under sentence of death for murder would surely be shot is discredited at the interior department. The comptroller of the currency authorized the First national bank of Los Angeles, Cal., the National bank of commerce of Provo, Utah, and the Second national bank of Ashland, Ky., to resume business. There will be no more ship building at the yard of Samuel L. Moores' Sons at Elizabeth, N. J. The firm began business three years ago. Their most notable achievement was the building of the cruiser Bancroft. The Hon. Thomas F. Bayard, American ambassador to Great Britain, and Mrs. Bayard will attend the closing state ball. This function was to have been held some time ago, but was postponed in consequence of the disaster to the battleship Victoria. Col. W. L. Washington of Nashville, Tenn., called at New York police headquarters and reported that he had been robbed of a valuable gold watch and chain by a plausible, smooth faced young man to whom he had taken a liking the preceding night. M. Loze, ex-prefect of police, who tendered his resignation on the ground that the government intended to make a scapegoat of him in connection with the rioting at Paris, has received a semiofficial notification that he is to be appointed French ambassador to Austria. The dead body of Deputy Sheriff John W. Thomas of Mobile county was found yesterday in the village of Whistler, Ala. He had four bullet wounds on his body and his skull was crushed. The crime was traced to Gilbert J. Deace and John Ryan, two engineers whom Thomas had arrested.


Article from Barton County Democrat, July 20, 1893

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preaged themselves to go out and thus support the Kansas strikers. SEVENTY-FIVE hussars in the garrison of Posen, Germany, have been suddenly taken ill. A diagnosis had not been made, but cholera was feared. THE biggest mill in Pittsburgh, Pa., has signed both the iron and steel wage scale of the Amalgamated association. PRELIMINARY work to the opening of the Cherokee strip is well under way. ALBERT FIXTER, who was digging a well near Grand Detour, Ill., when down thirty feet had the earth cave down on him. After being buried eight hours he was rescued alive. A flagstone had lodged above his head and supported the dirt. THE Alton railroad has arranged to take all its employes and their families to the world's fair in relays of train loads. THE Michigan board of health and the Duluth, South Shore & Atlantic are at war over the road's refusal to comply with sanitary regulations. STURGIS T. DICK, a banker of Meadville, Pa., committed suicide while there was a run on his bank. CLEARING house returns for the week ended July 13 showed an average decrease of 12.5 compared with the corresponding week of last year. In New York the decrease was 11.2; outside, 14.2. PRESIDENT WARNER MILLER, of the Nicaraguan Canal Co., denies the report that work has been suspended for lack of funds. Two men who were engaged in a fight on the New Haven railroad were run over and instantly killed by an express train. BUSH & TABOR, of the Brown Palace hotel and the Hotel Metropole, Denver, Col., have assigned. Assets, $2,220,000; liabilities, $600,000. THERE was a tornado at Stillwater and other parts of Minnesota on the 14th. Two men were killed and several injured. THE world's fair directors by a decisive vote decided that the fair will no longer be kept open on Sundays. P. J. GALLAGHER, whose testimony in the Homestead poisoning case sent Hugh Dempsey to the penitentiary, now says that his story was untrue. THE financial situation in New York city and throughout the east is reported to be improving daily. TWENTY-FIVE hundred pensioners have already been suspended since Hoke Smith's famous order went into effect. SECRETARY HERBERT has authorized the preliminary acceptance of the cruiser Detroit. THE Buckeye Cycle Co., of Cincinnati, failed. Assets, $81,000; liabilities, $50,000. ONE death from yellow fever occurred on board a vessel in New York harbor. The vessel was lately from Cienfuegos. THE St. Louis Lumber Co. has assigned. Assets, $40,000; liabilities about the same. FIRE destroyed 1,000,000 feet of lumber in Taber & Co.'s yards, at Dubuque, Ia. Loss, $25,000; fully insured. THE long lockout of the lumbershov< ers at Tonawanda, N. Y., has at last been broken and the men will return to work as individuals. ALOES A. LOUP and wife, of St. John Baptist parish, La., were taken from their home and horribly whipped by white caps. Both were fearfully lacerated. ALEXANDER McCook, brigadier-general of the new military department of Colorado, Utah, Arizona and New Mexico, has arrived at Denver for the purpose of establishing the headquarters of the department. AT Baltimore application was made for a receiver of the Equitable League of America, a seven year term order, and an injunction to restrain officers from collecting assessments was granted and hearing set for September 5. COMPTROLLER OF THE CURRENCY ECKELS has authorized the First national bank, of Los Angeles, Cal., the National Bank of Commerce, of Provo, U.T., and the Second national bank, of Ashland, Ky., to resume business. All these banks have resumed with plenty of money, none of which was borrowed, but obtained by the collection of amounts due on notes or supplied by the directors.


Article from The Middleburgh Post, July 20, 1893

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LATER NEWS WAIFS. FINANCIAL AND COMMERCIAL. The Chicago Chemical National Bank has resumed nusiness. The $400,000 assessment reqired by the comptroller has been raised. The National Bank of Kansas City suspended payment and is now in the hands of Comptroller of the Currency. The Comptroller of the Currency at Wash. ington has authorized the First National Bank of Commerce of Frovo. Utah, and the Second National Bank of Ashland, Ky., to resume business. All these banks have plenty of money, none of which was borrowed. but obtained by the collection of amounts due on notes or supplies by the directors.


Article from The Iola Register, July 21, 1893

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THE WORLD AT LARGE. Summary of the Daily News. WASHINGTON NOTES. A STATEMENT shows that the net gold in the treasury at the end of June, last, was $95,485,413, which was more than the total at the end of either of the two months preceding. In the ten days from June 30 to July 10, the gold holdings increased from $95,485,413, to $97,286,677, and the tables show a slow, but steady increase from June 10 last, when the net gold stood at $90,722,958, the lowest point touched in many years. CONGRESSMAN WILSON, of West Virginia, gives it as his opinion that there will be no recess after congress meets in extra session. THE wife of ex-Senator Conger died recently in Washington, where Mr. Conger has been residing since his retirement from the senate. POSTMASTER-GENERAL BISSELL has decided to do away with the different sizes of postal cards and to have them of uniform size in future. SECRETARY HERBERT has accepted the resignation, because of ill health, of Com. Wilson, as chief constructor of the navy, and appointed Constructor Philip Hichborn to succeed him. THE comptroller of the currency has issued a call for a report on the condition of national banks at the close of business July 12. This, the comptroller says, is one of the regular five annual calls. IT is practically certain that the president will be allowed to dictate who shall be chairman of the ways and means committee and that it will not be Springer. PRELIMINARY work to the opening of the Cherokee strip is well under way. THE gold reserve in the treasury has 1 increased $206,000 and now stands at $98,093,141. But on the other hand the TO currency has decreased from $27,353,881 to $26,904,780 in the same time. t THE chief of the bureau of statistics 1 reports that the total value of the exports of beef and hog products from the United States during the month of I June, 1893, was $10,098,837. he POSTMASTER-GENERAL BISSELL has decided to abandon three sizes of the f postal cards now in use. REPRESENTATIVE FITHIAN will intro0 duce his free ship bill again at the next session of congress. f TWENTY-FIVE hundred pensioners o have already been suspended since Hoke Smith's famous order went into r effect. J SECRETARY HERBERT has authorized a the preliminary acceptance of the n cruiser Detroit. V COMPTROLLER OF THE CURRENCY c ECKELS has authorized the First nao tional bank of Los Angeles, Cal., the National Bank of Commerce, of Provo, t U.T., and the Second national bank, of N Ashland, Ky., to resume business. All en these banks have resumed with plenty of morley, none of which was bort rowed, but obtained by the collection C of amounts due on notes or supplied by k the directors. t


Article from The Kinsley Graphic, July 21, 1893

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THE WORLD AT LARGE. Summary of the Daily News WASHINGTON NOTES. POSTMASTER-GENERAL BISSELL has decided to do away with the different sizes of postal cards and to have them of uniform size in future. SECRETARY HERBERT has accepted the resignation, because of ill health, of Com. Wilson, as chief constructor of the navy, and appointed Constructor Philip Hichborn to succeed him. THE comptroller of the currency has issued a call for a report on the condition of national banks at the close of business July 12. This, the comptroller says, is one of the regular five annual calls. IT is practically certain that the president will be allowed to dictate who shall be chairman of the ways and means commfittee and that it will not be Springer. PRELIMINARY work to the opening of the Cherokee strip is well under way. THE gold reserve in the treasury has increased $206,000 and now stands at $98,093,141. But on the other hand the currency has decreased from $27,353,881 to $26,904,780 in the same time. THE chief of the bureau of statistics reports that the total value of the exports of beef and hog products from the United States during the month of June, 1893, was $10,098,837. POSTMASTER-GENERAL BISSELL has decided to abandon three sizes of the postal cards now in use. REPRESENTATIVE FITHIAN will introduce his free ship bill again at the next session of congress. TWENTY-FIVE hundred pensioners have already been suspended since Hoke Smith's famous order went into effect. SECRETARY HERBERT has authorized the preliminary acceptance of the cruiser Detroit. COMPTROLLER OF THE CURRENCY ECKELS has authorized the First national bank of Los Angeles, Cal., the National Bank of Commerce, of Provo, U.T., and the Second national bank, of Ashland, Ky., to resume business. All these banks have resumed with plenty of money, none of which was borrowed, but obtained by the collection of amounts due on notes or supplied by the directors. SPECIAL INSPECTOR SWINFORD declares that the Cherokee strip will be opened to settlement not later than September 10. SENATOR TELLER, of Colorado, declares that it is the veriest rot to ascribe the present financial stringency to the workings of the Sherman law. THERE is a fund of $13,000,000, amassed by sales of cotton seized during the late war, lying idle at Washington. AN order has been issued by the war department increasing the number of honor graduates from the Leavenworth military school from three to five.


Article from Macon Beacon, July 22, 1893

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PRELIMINARY work to the opening of the Cherokee strip is well under way. I FIRE destroyed 1,000,000 feet of lumber in Taber & Co.'s yards, at Dubuque, I la. Loss, $25,000; fully insured. 1 A. LOUP and wife, of St. John La., were Baptist ALCES parish, taken from ( their home and horribly whipped by white caps. Both were fearfully lacerated. ALEXANDER McCook, brigadier-general of the new military department of Colorado, Utah, Arizona and New Mexico, has arrived at Denver for the purpose of establishing the headquarters of the department. AT Baltimore application was made for a receiver of the Equitable League of America, a seven year term order, and an injunction to restrain officers from collecting assessments was granted and hearing set for September 5. COMPTROLLER OF THE CURRENCY ECKELS has authorized the First national bank, of Los Angeles, Cal., the National Bank of Commerce, of Provo, U.T., and the Second national bank, All of Ashland, Ky., to resume business. these banks have resumed with plenty of money, none of which was borrowed, but obtained by the collection of amounts due on notes or supplied by the directors. THE latest advices from Honolulu are to the effect that the rebellious lepers have been subdued, and that all is quiet there now. S.N. DUSENBERRE, cashier of the has defunct bank of Puyallup, Wash., been arrested. S PRESIDENT VAN HORN of the Canadian I Pacific has been indicted by the federal vioS grand jury at Tacoma, Wash., for in lating the inter-state commerce law sale of tickets , THE dead body of Nin Sheppard, the f notorious desperado, who recently esf caped from custody in Arkansas, was the found lodged in some driftwood in e Arkansas river. h MRS. MEYER, held a prisoner at De, Mich., with her husband, husbands charged troit, with wholesale poisoning of , for insurance, has given birth to a boy. has e THE Mississippi river commission Vicksy ordered work in the harbor of burg, Miss., abandoned. i REAPER and harvesting men who are e d exhibitors at the world's fair, with one the exception, will decline to make mofield trials which have at the last a ment been demanded of them. r THE great Columbian handicap stake a 1at Chicago was won by Rudolph, western horse. S SPECIAL INSPECTOR SWINFORD de- be S that the Cherokee strip will than t clares opened to settlement not later d September TORNADO 10. struck Lima, O., destroyt A the Catholic church and unroofing no 3. a ing number of buildings, but injuring W d one. TIMELY arrival of troops at Houck's deA. T., saved two railroad hands of tectives Tank, from death at the is iangry Navajos. hay crop in Europe is a failure, will of THE consequence this country immense 1and be called as a upon to furnish an nquantity at a high price. J. BUSH, cashier of the defunct placed n bank J. at Elmira, N. Y., has been under arrest. he Italian pienic at Chicago four exIs persons AT an were killed by a premature plosion of fireworks. as VICK and his son Walter getting wer en drowned JOHN at Detroit, Mich., by he aout of their colored depth. children, locked Miss. in cabin THREE by their parentsat Durant, burned to death. in at were Glen house at Mount Washing Loss ly ton, THE N. H., was destroyed by fire. he $100,000. round-trip tickets to is th th in ONE-PRICE fair, good on any association train, ter ly world's in Central Traffic by th inorder ritory. following the cut made Big Four. ed COURAGEOUS boy saved two your a cli A from being carried over ort by ladies runaway horse at Long Branch. has a AGENT BENNETT fort pul rid Ex-INDIAN communication sstting Indians not lished a condition of the showin the present five civilized tribes and the need for statehood. a., their exhibitor at the had world bee ge on. A sold RUSSIAN some jewelry which came net fair free of duty and troub a en thereby. admitted getting himself in serious


Article from Baxter Springs News, July 22, 1893

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THE WORLD AT LARGE. Summary of the Daily News. WASHINGTON NOTES. THE gold reserve in the treasury has increased $206,000 and now stands at $98,093,141. But on the other hand the currency has decreased from $27,358,881 to $26,904,780 in the same time. THE chief of the bureau of statistics reports that the total value of the exports of beef and hog products from the United States during the month of June, 1893, was $10,098,837. POSTMASTER-GENERAL BISSELL has decided to abandon three sizes of the postal cards now in use. REPRESENTATIVE FITHIAN will introduce his free ship bill again at the next session of congress. TWENTY-FIVE hundred pensioners have already been suspended since Hoke Smith's famous order went into effect. SECRETARY HERBERT has authorized the preliminary acceptance of the cruiser Detroit. COMPTROLLER OF THE CURRENCY ECKELS has authorized the First national bank of Los Angeles, Cal., the National Bank of Commerce, of Provo. U.T., and the Second national bank. of Ashland, Ky., to resume business. All these banks have resumed with plenty of money, none of which was borrowed, but obtained by the collection of amounts due on notes or supplied by the directors. SPECIAL INSPECTOR SWINFORD declares that the Cherokee strip will be opened to settlement not later than September 10. SENATOR TELLER, of Colorado, declares that it is the veriest rot to ascribe the present financial stringency to the workings of the Sherman law. THERE is a fund of $13,000,000, amassed by sales of cotton seized during the late war, lying idle at Washington. AN order has been issued by the war department increasing the number of honor graduates from the Leavenworth military school from three to five. THE decision of the government that persons who were on the Cherokee strip since March 2. 1889, have forfeited all claims to right of settlement will stir up much trouble.


Article from The Durham Daily Globe, July 28, 1893

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IN THESE days of suspensions and failures it is gratifying to note that many of them are due only to temporary embar rassments and that many of the reputed bursted banks are over their trouble and are again doing business. Among those which have re opened during the last few days are: Gate City National Bank, At lanta, Ga.: First National Bank, Los Angeles, Cal.; First National Bank, San Diego, Cal.: First National Bank, Santa Anna, Cal; First National Bank, San Bernardino, Cal: the Southern California National Bank, Los Angeles, Cal: Merchants' National Bank, Fort Worth, Tex.; Second National Bank, Ashland, Ky.; Capital National Bank, Indianapolis, Ind: First National Bank, Palouse City, Wash; Washington National Bank, Spokane Falls, Wash; National Bank of Commerce, Provo City, Utah, and First National Bank, Cisco, Texas.


Article from The Times, July 28, 1893

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resumed business, as did also the Second national at Ashland, Ky. By an explosion of dynamite in a shanty in Minneapolis Gus Olson was blown into fragments. MISSES ELIZABETH WALTERS and Mabel Hallett, of New York city, were drowned while bathing in the surf at Shell Bank, Long Island. W. R. SHOEMAKER, of Metropolis, Ill., killed George and Richard Lukens and then committed suicide. A lawsuit caused it. MASCOT defeated Hal Pointer and Flying Jib at Detroit, pacing five heats in less than 2:08 and breaking the world's record. A NEGRO who assaulted and murdered the 9-year-old daughter of Carr Elliott in Lafayette county, Fla., was hanged by a mob. REV. GEORGE STOCKING, of Leavittsburg, O., who was suffering from poor health, ended his misery by cutting his throat. WILLIAM NAPIER and family, of Columbus, O., were badly poisoned by eating cabbage on which paris green had been spread. DEFECTIVE sewerage was causing a dangerous landslide in Cincinnati and many houses had already been completely wrecked. A CARELESS cigarette smoker started a fire in Little Goose Canon, Wyo., and much valuable timber was destroyed. OFFICERS of the revenue cutter Rush report the discovery of an active volcano near Cape St. John, Alaska. MRS. VANERSCHEK, a farmer's lfe at Rutledge, Minn., was held up by two masked men and robbed of $400. AN explosion in a coal mine at Edwardsville, Pa.., fatally injured William Jones, Martin Brennan, B. Wilson and Patrick Malai. THE American line steamship Paris made the run from Southampton to New York in 6 days 9 hours and 30 minutes, breaking all previous records. THE percentages of the baseball clubs in the National league for the week ended on the 22d were as follows: Philadelphia, .649; Boston. .639; Pittsburgh, 576; Cleveland, .568; Brooklyn, .464 Checknate 124 Ballimore. $209' Chic. ......................... New '894' Inois's 7S Tousis- :80F' .448 'O.Sto 'T98' FIRE burned one whole block at Paulding, O., and part of another, causing a loss of $200,000. AN unknown yacht was capsized east of Deer Island, Mass, and John W. Johnson, Albert T. Scott and Joseph Murphy were drowned. GEORGE BAGNELL, aged 71, and his grandson, aged 7, were drowned in Great South pond near Plymouth, Mass. THE gates of the world's fair were closed on Sunday. TRAMP miners from Colorado state that the suffering there is terrible, and that authorities are suppressing the facts. DUNCAN, BREMER & Co.'s sawmill at Duluth, Minn., burned, causing a loss of $100,000. MASKED men carried away Mrs. McDonald and her two children from a farmhouse near Fort Wayne, Ind. LUTIE LASELLE, of Seymour, Ind., an only daughter, 16 years of age, poisoned herself with arsenic rather than take a My By the recent assessment in Kansas the railroads in the state must pay $10,500,000 more than in 1892. AN apparent shortage of $36,000 was discovered in the records of the state auditor of Kansas in connection with the sale of public school lands. IN Milwaukee the Milwaukee national and the South Side savings bank closed their doors, and the State national bank at Knoxville, Tenn., and First national at Russell, Kan., were forced to suspend. FRANK WALLER, of Indiana, broke the 25-mile bicycle record, making the distance in Detroit in 1 hour 6 minutes and 10 seconds. GROUND will be broken in San Francisco this week for the California Midwinter exposition, which is to follow the world's fair. FLAMES in the Keifer building in New Orleans caused a loss of $100,000 and J. E. McDonald, a fireman, was suffocated. CHARLES W. DE PAUW, the millionaire manufacturer at New Albany, Ind., made an assignment with liabilities of $400,000. THE Misses Plant, of Nunica, Mich., arrived at the world's fair grounds, after walking all the way from Muskegon, Mich., 220 miles. The journey