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LIST GETS LONGER NEXT BANK IN THE ROW GETS TOPPLED OVER. Bank of the Nortwick Brothers at Batavia, III., Fails to Open for Business, as a Consequence, in Part, of the Atlas National's Failure, and With Very Large Outside Interests-Two More Minneapolis Banks Get Into Too Deep Water-Fallure at Roanoke, Va,-Leadville Bank in Liquidation-Commercial Failures. Batavia, Ill., Dec. 29.-William and John Van Nortwick's bank did not open its doors today. Although over $2,000 was taken in yesterday in deposits no trouble was caused or has been created outside the institution. Something over $4,000 was paid out yesterday, according to Cashier William L Grimes, and all money taken in yesterday and during the time within the law will be immediately paid back, according to the cashier. There was no run on the other banks of Batavia today as a result of the closing of the VanNortwick bank, and no failures are reported. The VanNortwicks held 464 shares in the Atlas National bank and the closing of their bank here Is due to the assignment of the brothers to the Equitable Trust company of Chirago. Cashier Grimes, who was in charge of the VanNortwicks' bank, said today that be had no intimation that the bank would liquidate until 12 o'clock yesterday afternoon. When C. C. Wilson, representing the Equitable Trust company, walked Into the bank and said he was sent by the company to take charge. Deposits were refused the last ten minutes of the regular hours of the bank, though some money was paid in after Wilson arrived. The tast deposit received was taken in about 2:30 o'clock. Cashier Grimes said: "The doors of the VanNortwicks' institution did not open today, as C. C. Wilson, of the Equitable Trust company of Chicago, is in charge of the bank. No excitement was caused in the street and no run was apparent on the other bankthe First National." "Do you know of any other failures reBulting from the closing of the VanNortwick bank?" "The assignment made by the VanNortwicks includes everything they have even to their homestead. They held back nothing and It is my belief that the crediters of the bank will be paid dollar for dollar." Cashier Grimes further stated that he knew of no reason why any of the insttutions the VanNortwicks were interested in should close their doors, as they were all making money. He refused to give any statement as to the fact that the institution was in the hands of a receiver, and it was his place to report on the condition of the bank's affairs. The VanNortwicks are understood to have gone to Appleton, Wis., last night, where John S. VanNortwick, president of one of the principal banks, besides being interested with his brother in the Appleton Manufacturing company. The directors of the First National bank of Batavia held a meeting last night to discuss the outlook today and gave it out that the First National would be able to meet all demands made upon it today. Cashier Joseph Jobleter said this mornIng: "We could have stood the pressure a little longer, but to protect the majority we closed this morning. We have $33,000 in cash in the vault, and inside of sixty days expect to have fully $100,000 more collected. Our total liabilities are only $247,000, and much of that we understod, is not immediate. There is no doubt but what we will be able to make a full account with our depositors and a fair setlement with the stockholders. "The recent withdrawals which caused the trouble were of the city and state funds, of which we have large deposits, and also by country correspondents. Of the city and state money only about $111,200 remains in the bank. The most of our individual depositors were busienss men." The officers are: Charles Kittleson, pres Ident: H. Thorson, vice-president; Joseph Jobleter, cashier; J. C. Kittleson, assistant cashier. Among the directors are A. K. Tiesburg and Thomas Hanson. The bank is in the immediate charge of G. H. Coffin, deputy comptroller of the currency. He states that the officers of the bank applied to the banking house committee for assistance yesterday, but this body and the directors of the bank finally agreed that the best thing under the circumstances would be to close. "I believe," said Mr. Coffin, "that the action was anticipated by all parties interested and the suspension will not cause any further trouble. All the national banks of this city are in a vary strong condition. financially, as we have satisfied ourselves by examination." WISCONSIN INTERESTS. Milwaukee, Wis., Dec. 29.-A special to the Wisconsin from Appleton, Wis., says: The failure of the VanNortwick brothers' bank at Batavia, Ills., which involved the Appleton Manufacturinf company's agricultural implement works at Geneva, III., and the Western Paper Bag company's paper bag mill at Batavia, III., has not affected the Fox River Valley properties of the brothers, namely the Combined Locks Paper company, the Appleton Paper and Pulp company of this city, and the Western Paper Bag company S mill at Kaukauna. Up to date it is only the Illinois property of the brothers that is affected, and it is believed that the Fox river properties will pull through unhurt. The alleged claim of $300.000 of the Atlas bank of Chicago for loans to the VanNortwicks is only $120,000, only that part of the whole sum having been paid over by the bank. The Citizens National bank of this city, of which John S. VanNortwick was president, will not be
