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Runs ou Savings Banks. OMAHA, Neb, June 13.-The American National bank is in the hands of the comptroller. J.L. McCague, is president and it is supposed that the American National connection with McCague's savings bank, which failed yesterday, caused its downfall. There were heavy runs on all the savings banks here this morning.
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BANKS CLOSED Which Causes Runs on a Number of Banks in Omaha By Associated Prese to The News: OMAHA. Neb. June 13. The American National bank was closed by order of the comptroller of currency this morning. The runs have started on the Globe Loan and Trust company, the Dime Savings band, the German Savings and the Nebraska Savings bank. No state. ment of the condition of the Ameri. can National was made, except that the clearing house refused to asstst. It is understood that the affairs of the bank are entangled with those of the McCague Savings bank that closed yesterday afternoon.
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OMAHA BANKS STAND A RUN. Closing of American National Caused by the McCague Failure. OMAHA, NEB., June 13.-There WAS a run on every savings bank in the city this morning, precipitated by the failure of the McCague Savings Bank yesterday, followed by the downfall this morning of the American National Bank, in which the McCagues are largely interested. It was unofficially stated yesterday that the Clearing House Association would stand by its members. of which the American National is one, but when the assets of the American National Bank came to be examined they were pronounced not good enough and the aid of the associated banks was withheld. The ominous sign appeared on the door this morning and the crowd which had collected became greatly excited. The McCagues tried to reassure the depositors, telling them that every account would be paid in full. At the Omaha Savings Bank, the German Savings Bank. the American Savings Bank, the and other was a of all was out as soon as was no to it. institutions called Globe morning. for Loan and there and there Cash Trust steady Company paid apparent drain limit deposits Toward noon the lines had dwindled till they appeared no larger than upon any day of business. Bank Examiner Griffith. who took charge of the American National for the controller. this morning could not say much about the assets. A great deal of paper, thought not to be firstclass, figures in the resources of the bank. The falling off in deposits amounted to nearly $200,000 since May 4, and this has badly crippled the institution. The Dime Savings Bank compelled its depositors to givesixty days' notice of withdrawal. This action, together with the promptness with which the other banks met all demands. is believed to have stopped what almost promised to be a panic. Caused by the Plankinton Failure. LANSING, MICH., June 13.-Advices have been received from Bank Commissioner Sherwood from Crsytal Falls. Upper Michigan, that the State Bank of Crystal Falls has suspended payment. The bank WAS organized about a year ago with a capital of $25,000. It had deposits of $60,000. The cause of the failure is the suspension of the Plankinton Bank of Milwaukee. Taking Precautions at Detroit. DETROIT, June 13.-For some time there has been uneasy feeling in the banking atmosphere of this city occasioned by the numerous failures in savings institutions that have recently occurred throughout the country, especially in the west. Although until this morning there had not been a decided run on any of the savings banks of Detroit, considerable money has been withdrawn in a quiet way. and to forestall any movement that might result disastrously to them and as all act of self-preservation the officers of these institutions met last night and decided to require the notice allowed by law in case of unusual demands. This morning depositors were handed copies of the foregoing circular and told that their deposits would be paid in full at the end of the specified time-sixty days. This seemed to allay the excitement.
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More Failures. OMAHA, June 14.-The state bank examiner has closed the doors of the McCague Savings bank. No statement of the bank's condition has yet been issued and it is impossible to estimate the assets and liabilities. John L. McCague, vice president of the suspended bank, said that the suspension was due solely to an inability to realize on securities. He fixed the liabilities at $400,000 and estimated the assets of the bank at from $460,000 to $475,000. He stated positively that the depositors would be paid in full. The American National bank was closed by an order of the comptroller of the currency yesterday. Runs started on the Globe Loan & Trust company, the Dime Savings bank, the German Savings bank and the Nebraska Savings bank. No statement of the condition of the American National was made at once, except the fact that the clearing house refused to assist it. It is understood that its affairs are entangled with those of the McCague Savings bank. The run was of extensive proportions on the Omaha Savings bank, and all the morning the bank was besieged by depositors. Senator Manderson and Vice President Kimball, of the Union Pacific, directors of the bank, made speeches to the excited depositors, guaranteeing them their money, but the run continued. Salt Lake, Utah.-The Park City bank has suspended, assigning to E. Kimball. Liabilities, $130,000; assets as much, and the claim is made that it will shortly resume. The assignee says depositors are to be paid 80 cents on the dollar. Kansas City.-The People's Guarantee Savings bank has made an assignment for the benefit of its creditors. The liabilities are supposed to be about $70,000 and the assets between $50,000 and $65,000.
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Omaha Banks in Trouble. OMAHA, Neb., June 13. The American national bank is in the hands of the controller. J. L. McCague is president, and it is supposed that the American national's connection with the McCague saving bank, which failed Monday, caused its downfall. There were heavy runs on all savings banks here Tuesday morning.
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MORE WILDRUNS ON BANKS A Couple of Failures Start a Rush at Omaha. All the Institutions Except the Two Previously Closed Weather the Storm-Only One Even Takes Advantage of the Sixty Days' Clause. Kansas City the Scene of a Still More Absurd Run. Omaha, Neb., June 13.-There was a run on every savings bank in the city this morning, precipitated by the failure of the McCague Savings Bank yesterday, followed by the downfall this morning of the American National Bank, in which the McCagues are largely interested. It was unofficially stated yesterday that the clearing house association would stand by its members, of which the American National is one, but when the assets of the American National Bank came to be examined they were pronounced not good enough and the aid of the associated banks was withheld. The ominous sign appeared on the door this morning and the crowd which had collected becamegreatly excited. The McCagues tried to reassure the depositors, telling them that every account would be paid in full. At the Omaha Savings Bank, the German Savings Bank, the American Savings Bank, the Globe Loan and Trust Company, and other institutions, there was a steady drain of deposits all day Cash was paid out as long as called for, and there was no apparent limit to the supply. Senator Manderson and Vice President Kimball, of the Union Pacific, directors of the bank, made speeches to the excited depositors, guaranteeing them their money, but the run continued. The Dime Savings Bank compelled its depositors to give sixty days' notice of withdrawal. This action, together with the promptness with which other banks met all demands, is believed, to have stopped what almost promised to be a panic. A CRAZY RUN AT KANSAS CITY. Kansas City, June 13.-As a result of the suspension yesterday of the People's Savings Bank, an insignificant institution with deposits of only $25,000, a run was started this morning on the Kansas City Safe Deposit and Savings Bank. The bank took advantage of the clause of its by-laws requiring depositors to give thirty days' notice of the withdrawal of deposits. That checked the run and at it noon was practically over. None of the other banks experienced a run. Just why the Kansas City Safe Deposit and Savings Bank should have been selected for a run is a mystery. It is the largest and one of the soundest institutions of the kind in the state and has the confidence of the banks and merchants generally. A RUN CHECKED AT DETROIT. Detroit, Mich., June 3.-The State Bank of Crystal Falls, Mich. has suspended as a result of the failure of the Plankington Bank of Milwaukee. The bank is only a year old and its capital is $25,000. The deposits foot up $60,000. The officers of all the savings banks in this city agreed to enforce the time limit upon withdrawals of deposits. A run was started this morning upon the People's Savings Bank, one of the strongest in Detroit, but the sixty-day notice requirement checked it. The officers coneur in a statement that "it was not for want of money that we took this action, for we could have secured enough to have paid every depositor, but we did not think this the wisest plan.' A NASHVILLE BANK SHUT. Nashville, Tenn., June -The Nashville Savings Company, of which Thomas S. Marris is owner and president. filed an assignment to-night. The liabilities are $282,876, and the assets are valued at $ 125,000. The deposits amount to $109,010 22, and the certificates of deposits to $72,911 21. Among the assets are $60,000 on deposit with Arthur, Ketcher & Co., suspended bankers of New York. In an interview President Marr says the failure was due to the shrinkage in values and steady withdrawal of money by depositors since failures have become so frequent. The recent failures of local business houses and the suspension of the Commercial National Bank also caught him for large sums. ASSETS WIPED OUT. Mankoto, Kan. June 3.-The bank of Burr Oak, Jewell county, closed its doors yesterday morning. The bank was owned by Hulbert Bros., and the liabilities are placed at $35,000. The assets are practically nothing. C. D. Hulbert, one of the proprietors of the bank, has fled and his whereabouts are unknown The depositors are greatly excited, and if he should return either of his own accord or to answer a criminal charge, there being some inclination among the depositors to prefer such a charge, he would be roughly dealt with. A BANK FAILS IN UTAIF. Salt Lake, Utah, June 13.-The Park City Bank suspended yesterday. Its liabilities are $130,000, and its assets as much. The claim is made that the bank will shortly resume. The assignee says that depositors are to be paid 80 cents on the dollar.
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The Weather. Fair; easterly winds. NUGGETS OF NEWS. Forest fires near Creede, Colo., destroyed valuable mining property and large tracts of timber. Frank P. Hastings has been appointed secretary of the Hawaiian legation in Washington. An electric car was run down by a pastenger train in Dayton, O., and four persons were injured, one fatally. A boiler explosion occurred in a basket factory at Peru, Ind., and the engineer, Louis Pratt, and a 9-year-old child were instantly killed. Since March 4 Secretary Carlisle has made changes in the unclassified service of the treasury department to the number of nearly 200 people. Comptroller Eckels has directed Bank Examiner Griffith to take charge of the American National bank, of Omaha, Neb., which closed its doors yesterday. At the Brooklyn navy yard yesterday afternoon the admiral and officers of the Russian squadron presented to Rear Admiral Gherardi a loving cup as a token of their esteem and friendship.
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Another Bank Fails. By Southern Associated Press. OMAHA, Neb., June 13.-The American National Bank is in the hands of the Comptroller. J. L. McCague is President and it is supposed that the American Nationals connected with the McCague Savings Bank which failed yesterday caused its downfall. There are heavy runs on all Savings Banks here this morning.
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A HARD ROAD FOR THE BANKS. Runs Are In Progress, and Some Institutions Suspend. OMAHA. June 13.-The American National Bank was closed by order of the Comptroller of the Treasury this morning. Runs were started on the Globe Loan and Trust Company. the Dine Savings Bank. the German Savings Bank. and the Nebraska Savings Bank. No statement of the condition of the American National was made except that the Clearing House refused to assist it. It is understood that the affairs of the bank are entangled with those of the McCague Savings Bank, that closed yesterday afternoon. It was said yesterday that the Clearing House Association would stand by its members. of which the American National Bank is one. but when the assets of the American National came to be examined they were pronounced not good enough. and the aid of the Association banks was withheld. The ominous sign appeared on the door this morning. and the crowd which had collected became greatly excited. The McCagues tried to reasoure the depositors. telling them that every account would be paid in full. At the institutions above named there was a steady drain of deposits all morning. Cash was paid out as ROOD as called for. and there was no ap. parent limit to it. Toward noon the lines had dwindled until they appeared no larger than upon any day of business. Bank Examiner Griffth. who took charge of the American National for the Comptroller this morning. could not say much about the assets. A great deal of paper which is thought not to be first class figured in the resources of the bank. The failing off in deposits had amounted to noarly $200,000 since May 4. and this badly crippled the institution. The Dime havings Bank compelled its depositors to give sixty days' notice of withdrawal This action. together with the promptness with which the other banks met all demanda, is believed to have stopped what promised at first to be a panic. The run was of extensive proportions on the Omaha Havings Bank. and all the morning the bank was besieged by depositors. Senafor Man.
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MORE SAVINGS BANKS RUNS. Detroit Officials Put on the BrakesTrouble at Omaha. CHICAGO, June 14.- The savings bank run seems epidemic. At Detroit a run was threatened and the officers of all the banks met and agreed to require the time limit of all depositors. The run was started, but every depositor was required to give the legal notice, and confidence was partly restored. At Omaha there was a run on every savings bank in the city caused by the failure of the McCague bank and American National. McCague says he will pay every depositor. All the banks met the run with cash, and the run was greatly abated by night. The Nashville Savings company has made an assignment with liabilities of $282,000 and assets of $125,000. The Irving Savings institution at New York is short $70,000, due to the rascality of its president, secretary, and paying teller.
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OMAHA BANKS FAIL, A National Bank in That City Closed by Comptroller Eckels. Runs Are Started on Several Other Banks All of Whom Say That They Will Pull Through. OMAHA, June 13.-The American National Bank was closed this morning by order of the Comptroller of the currency and the bank examiner is now in charge. The clearing house, at a meeting last night, decided to give it no help, and the decision of the comptroller to close it followed. The statement at the close of business, May 4, showed:
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BANK TROUBLES. OMAHA BANK. Omaha, Neb., June 13.-The American National bank was closed by order of the comptroller of the currency this morning. Runs started on the Globe Loan and Trust company, the Dime Savings bank, the German Savings bank and the Nobraska Savings bank. No statements of the condition of the American National was made at once except that the clearing house refused to assist. It is understood that the affairs of the bank are entangled with those of the McCague Savings bank that closed yesterday afternoon. The run was of extensive proportions on the savings bank of Omaha, and all day the bank was beseiged. Senator Manderson and Vice-President Kimball of the Union Pacific, directors of the bank. made speeches to the excited depositors, guaranteeing them their money, but the run continued. Manderson announced the bank was ready to pay every dollar. Bank Examiner J. M Griffith is in charge of the American National The last statement of the bank. on May 4. showed the capital stock to be $200.000, loans and discounts 531.690, surplus $16,000. undivided profits $5161. The American Savings bank and the Dime savings bank took advantage of the sixty days' rule and refused to pay any depositors. The Globe and Trust company paid off 50 per cent of their deposits and held the balance under the rule.
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# A SILLY SCARE ENDED. OMAHA, June 14.--The runs on the Omaha savings banks subsided this morning almost as quickly as they began yesterday. A few depositors appeared early, but as soon as it became apparent the rush was over the anxious ones left without taking their money.
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ABBREVIATED TELEGRAMS. The runs on the Omaha Savings banks have ceased. The Cunarder Servia ran down the ship A. MacCallum, sinking her, but saving twenty-four of the twenty-six on board. Evans, the companion of the desperado Sontag, has also been caught. He was wounded in the fight. Mrs. Philiph Kerd, wife of a well-to-do farmer near Pleasant Hill, W. Va., went insane and murdered her four children, two by poison and two by throwing them into a well, completing the tragedy by killing herself. The Lake county (O.) bank of Aaron: Wilcox & Co. has suspended temporarily. The present United States flag was adopted as the national ensign June 14, 1772, so Wednesday was the 116th anniversary of the event. Sontag, the California bandit, is, by his true name, John Contant, 32 years old, and was born in Mankato, Minn., where his stepfather keeps the Sontag hotel. Dr. James McCann, one of Pittsburg's prominent physicians, died from blood poisoning contracted while performing an operation. Every business house in Alba, Mich. except the Exchange hotel and town hail, was burned. The Iron Company bank, of Crystal Falls, Mich., has resumed business. The British house of commons has finally passed the third clause of section 1 of the home rule bill, which has been under debate since May 30. These officers have been elected by the Illinois convention of the Patriotic Order Sons of America: G. B. Smith, of Chicago, president: J. E. Aldrich, of Pullman, vice president; W. A. Saunders, of Chicago, secretary. Obituary: At St. Paul, Mrs. Caroline Warren Merritt, wife of General Wesley Merritt. At Cleveland, Mrs. Martha Haworth, mother of Joseph Haworth, the actor, aged 72. At Havana, Senor Carlos Navarreto, the Cuban poet. Large swarms of locusts have put in an appearance in Pettis county, Mo. Plumbers in session at Milwaukee are speaking our against the "plumber" joke which is such a staple article in the newspaper humorous column. Postmaster Woolley, of Long Branch City, N.J., has disappeared. He is short over $2,000 and his wife offers to make it good.
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SPARKS FROM THE WIRES. Ex-president Harrieon is enjoying the World's fair. Geo. C. Casler has been appointed postinaster at Hill City. Princess Eulalia is disgusted over the manner in which some Americans are worshiping her. The American National bank of Omaha has closed its doors, and there is is very panicky feeling in banking circles. The McCague Savings bank of Omaha has succumbed to the financial stringency of the times with liabilities amounting to about $100,000. Wm. Hammer and Miss Gay Pye were drowned Saturday while boating on lake Madison, S. Dak. Both had just graduated from the Normal school. The state supreme court has decided that laws passed by the legislature without the emergency clause do not go into effect until ninety days after the adjournment of the legislature. The Great Northern R'y has made a cut in passenger rates from Seattle to St. Paul. making the rate $25, and it is expected that the Northern Pacific will go still farther and cut through to Chicago. World's fair rates are going down. At the inquest over the bodies of the government clerks who were killed by the falling in of the old Ford theatre, Col. Aineworth, chief of the record and pension division, came near being mobbed by clerks who blaine him for the fatal accident.
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It was unofficially largely interested stated vesterday that the Clearing House Association would stand by its member , of which the American Na tional is one, but when the assets of the American National Bank come to be examined, they were pronounced not good enough, and the aid of the associated banks was withheld. The American's sign appeared on the door this morning and the crowd which had collected became greatly excited. The McCagues tried to reassure depositors, telling them that every account would be paid in full. At the Omaha Savings Bank, the German Savings Bank, the American Savings Bank, the Globe Loan and Trust Company, and other institutions there was a steady drain of depositors all day. Cash was paid out as soon as called for and there was no apparent limit to it. Senator Manderson and vice president Kimball, of the Union Pacific, directors of the bank, made speeches to the excited depositors, guaranteeing them their money, but the run continued. The Dime Savings Bank compelled its depositors to give sixty days' notice of withdrawal. This action, together with the promptness with which other banks met all de mands, is believed to have stopped what almost promised to be a panic. DETROIT, Mich., June 13. - The State Bank of Crystal Falls, Michigan, has suspended as the result of the failure of the Plankington Bank of Milwaukee. The bank is only a year old, and has a capital of $25,000; deposits $60,000. Officers of all the savings banks in this city agreed to enforce the time limit upon withdrawals of deposits. A run was started this morning upon the People's Savings Bank, one of the strongest in Detroit, but the sixty days' notice requirement checked it Bank officers concur in the statement that it was not for the want of money that we took this action, for we could have secured enough to have paid every depositor, but we did not think this the wisest plan."
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Permission to Open. WASHINGTON, Aug. 81.-The following national banks, which recently suspended, have been permitted to open their doors to business at once: The First National bank of Dubuque, Ia.; the First National bank of Grand Junction, Colo. The comptroller of the currency has outhorized the following national banks to resume on Sept. 1: The American National bank of Omaha, Neb,; the American National bank of Nashville, Tenn. The three national banks in Mankato. Minn., have been authorized to reopen for business on Sept. 7.
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BANK RESUMPTIONS. OMAHA, Sept.6.-The American National bank will open for business tomorrow, after a. suspension of nearly three months. It will open with more than 50 per cent of its deposits on hand.
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Omaha Bank Resumes. WASHINGTON, Sept. 6. - Deputy Comptroller Tucker has authorized the suspended American National bank, of Omaha, Neb., to resume business.
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THE following executions took place. George S. Turner (a wealthy man) at Spartenburg, S. C., for killing Ed Finger; Wade Cannon and George Bowers (colored) at Laurens, 8. c. for arson and John Ferguson for wife murder; Oscar Johnson and Henry Ewing at Berkely, S. C., for thurdering Henry Weltman; and Ah Lo Doon, a China man. at San Rafael, Cal., for the murder of William Shentor. RECEIVERS were named for the Equit able Mortgage company of Missouri, with hendquarters in New York, the liabilities being $19,000,000. THE American national bank of Nash ville, Tenn., and the American national bank of Omaha, Neb., have reopened their doors AT the annual meeting in Milwaukee Judge Thomas Cooley of Michigan, was elected president of the American Bar association. THE Denver savings bank failed with liabilities of 8679,000. Depositors would paid in full. AN assignment was Made of Lee H. Durstine, manager at Des Moines of the lowa business of the Equitable Life Insurance company. with liabilities of $100,000. IN his cell in Denver Dr. T. Thatcher Graves, awaiting trial for poisoning Mrs. Josephine Barnaby, of Providence, I., in 1891, committed suicide by taking poison. IN an electric car accident at Cincinnati two persons were killed. six fatally hurt and nearly forty injured. Tun corn crop in Kansas in estimated at 200,000,000 busheis, worth $80,000,000. This is the greatest since 1889. THE vault in the subtreasury in San Francisco is drained of currency for the first time in its history. A MOB hanged William Arkison (colored), aged 20, who assaulted a little girl at South Fork, Ky. Br a Burlington train falling through a trestle at Streator, III, two men were killed and a dozen hurt. ON President's island near Memphis, Tenn., six human skeletons were found imbedded in the sand: HENRY A. BELL arrived in San Francisco en route to England after an absence of twenty years of self-enforced exile in Albert island. BANDITS robbed the passengers on a 'Frisco train at Mound Valley, Kan., and killed Express Messenger Chapman. AT the age of 101 years Felix Sheridan died at Quincy, Ill. He was a veteran and pensioner of the war of 1812.
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Omaha Bank to Resume. OMAHA, Sept. 7.-The American National bank of this city resumed business today after a suspension since June 13.
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FLAMES caused a loss of over $150,000 to occupants of Lindsay Bros.' big block in Milwaukee. The McCormick Harvester company and the Transfer & Storage company were the principal losers. THE First national bank of Grand Junction, Col, and the First national bank of Dubuque, Ia., resumed business. LATER advices say that since the recent storm in the south 390 dead bodies have been found on the islands about Beautort and Port Royal, S. C., and that the total number of dead would reach 1,000. Over $2,000,000 worth of property was wrecked near the same points. Near Jacksonville, Fla, fourteen dead bodies were found, and the damage to fruit trees and orange groves was enormous. AT the session in St. Louis of the seventh international Sunday school convention the report of Secretary Porter showed the number of Sunday schools of the United States and British America to be 130,197; teachers and officers, 1,372,558; scholars, 10,870,104; total, 11,242,662. WHILE carelessly handling a revolver supposed to be unloaded Leo Stafford shot and killed his bride of six weeks at East Liverpool, O. THE total paid admissions during the first four months of the world's fair numbered 9,990,699. By months the attendance was: May, 1,050,037; June, 2,675,113; July, 2,760,263; Angust, 3,514,286. IN Chicago Judge Goggin declared the world's fair Sunday opening injunction should stand, overriding Judges Dunne and Brentano and sur prising court attendants. FIVE tramps and Jack Swanson, the engineer, were killed in a freigh. train wreck near Brenham, Tex., and Fireman Cameron and Brakeman Ford were fatally injured. H. S. BUNDY, of Jackson county, was nominated for congress in the Tenth Ohio district on the 1,793d ballot. Mr Bundy has served two terms in con gress. AT Rockford, III., the Royal Sewing Machine company made an assignment with liabilities of $119,000 and assets of $40,000. WHILE insane Samuel Deeters, of Waterloo, Ind., shot and killed Amos Bactel and fatally shot Mrs. Lowe, neighbors, and wounded his mother. FIRE destroyed the business part of De Pauw. Ind. THE following executions took place: George S. Turner (a wealthy man) at Spartenburg, S. C., for killing Ed Finger; Wade Cannon and George Bow. ers (colored) at Laurens, S. C., for arson and John Ferguson for wife murder; Oscar Johnson and Henry Ewing at Berkely, S. C., for murdering Henry Weltman; and Ah Lo Doon, a Chinaman, at San Rafael, Cal., for the murder of William Shentor. RECEIVERS were named for the Equitable Mortgage company of Missouri, with headquarters in New York, the liabilities being $19,000,000. THE American national bank of Nashville, Tenn., and the American national bank of Omaha, Neb., have reopened their doors. AT the annual meeting in Milwaukee Judge Thomas Cooley, of Michigan, was elected president of the American Bar association. THE Denver savings bank failed with liabilities of $670,000. Depositors would be paid in full.