4127. Bank of Bunker Hill (Bunker Hill, IL)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
October 22, 1877
Location
Bunker Hill, Illinois (39.043, -89.952)

Metadata

Model
gpt-5-mini
Short Digest
b9e3fad9

Response Measures

None

Description

Multiple contemporary newspapers (Oct 22, 1877) report that the Bank of Bunker Hill at Bunker Hill, Illinois suspended payment on Oct 22, 1877 with liabilities $60,000; officers said depositors would be paid in full. The reports mention only a suspension — no run, no reopening, and no receiver/closure detail. Because the sources do not record a reopening, I classify this as suspension_closure but note that the permanent outcome is not given in these items.

Events (1)

1. October 22, 1877 Suspension
Cause Details
Contemporary accounts report suspension but give no cause (no rumors, runs, correspondent failure, or government action specified).
Newspaper Excerpt
The Bank of Bunker Hill, at Bunker Hill, Ill., suspended this morning. Liabilities $60,000. The bank officers say the depositors will be paid in full.
Source
newspapers

Newspaper Articles (10)

Article from The Dallas Daily Herald, October 23, 1877

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Article Text

The Bank of Bunker ***** Banquetted Once to Often. INDIANAPOLIS, October 22.-The bank of Bunker Hill, at Bunker's Hill, IIII nois, suspended tosday. Liabilities $60,000. The officers say the depositors will be paid in full.


Article from The Wheeling Daily Intelligencer, October 23, 1877

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Bank Suspension. INDIANAPOLIS, October 22.-The Bank of Bunker Hill, at Bunker Hill, Illinois, suspended this morning. Liabilities $60,000. The bank officers say depositors will be paid in full.


Article from The Wheeling Daily Register, October 23, 1877

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Bank Suspension. INDIANAPOLIS, October 22.- The Bank of Bunker Hill, Illinois, suspended this morning Liabilities $60,000. The bank officers say that the depositors will be paid in full.


Article from The Portland Daily Press, October 23, 1877

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The failure of the Carville Carriage Manufacturing Co. of San Francisco is aonounced. Liabilities $50,000; nominal assets $80 000. Ges. True, the American consul at Kingstor, in his special report recommends free recipro city between Canada and the States, The second trial of the suit brought by Samnel W. Torrey VS. Grant Locomotive Works of Patterson, N. J., commenced yesterday in the Superior Court. The claims are for $25,724, as commissions at 2½ per cent. for the delivery of $1,280,160 57 worth of locomotives to one Polikoff 10 Russia in 1874. Mrs. Alice, wife of Howard S. Collins of Collusville, Coun., and the sister of Mrs. Rose Terry Cooke, the authoress, died yesterday. The Bank of Bunker Hill at Bunker Hill, III, suspended yesterday morning. Labilines $60,000. The bank officers say the depositors will be paid in full. While the miners were preparing to resume work at Jermyn's shaft at Green Ridge, fire damp canght fire from a miner's lamp, and the city ti.e department were unable to extinguish the flames, which cover about an acre, It may be necessary to flood the mine.


Article from New-York Tribune, October 23, 1877

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AN ILLINOIS BANK SUSPENDED. INDIANAPOLIS, Ind., Oct. 22.-The Bank of Bunker Hill, at Bunker Hill, Ill., suspended payment this morning. Liabilities, $60,000. The bank officers say the depositors will be paid in full.


Article from Daily Kennebec Journal, October 23, 1877

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ILLINOIS. Suspension. NEW YORK, October 22. The Bank of Bunker Hill, at Bunker Hill, 111., suspended this morning with liabilities at sixty thousand dollars. The bank officers say that the depositors will be paid in full.


Article from The Daily Dispatch, October 23, 1877

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Illinois. BANK SUSPENSION. INDIANAPOLIS, October 22.-The Bank of Bunker Hill, at Bunker Hill, III., has suspended. Liabilities, $60,000. The officers say the depositors will be paid in full.


Article from The Elk County Advocate, October 25, 1877

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Three sons of William Doaney, Pittsfield, Mass: loaded an old gun barrel with powder and discharged it, The weapon burst killing two of the boys and tearing off a hand of the other. The failure is announced of Bradford, M'Coe & Co., Quincy, Ill., an old estab. lished lumber firm of that city. The liabilities are estimated at from $100,000 to to $150.000. The bank of Bunker Hill, at Bunker Hill, Illinois, has suspended. Liabilities $60,000. The bank officers say that the depositors will be paid in full,


Article from Northern Tribune, October 27, 1877

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CONDENSED NEWS. A beet root sugar factory is projected at Quebec. Montreal is ablaze with the Rine temperance movement. Spain is waking up in the matter of railways and telegraphs. The Russian government is fitting out a fishing colony for Nova Zembia. The bank of Bunker Hill, at Bunker Hill, III., has suspended. Liabilities, $60,000. It is estimated that about 9,000 cattle have been exported via Montreal to England, during the present season. The departure of the Woodruff scientific expedition around the world has been postponed until May 15, 1878. The most northerly telegraph station on the earth is that at Gjesvor, near Cape North, in Norway-71 degrees, 12 minutes north latitude. War is threatened between China and Siam. For 20 years the latter has refused tributes, and the Celestials threaten to enforce payment of the arrears. In spite of the disturbed condition of affairs, the preparations for the Paris exposition are rapidly advancing, and the works are in a very forward state. Wendell Phillips is 60 years old, and has hauled off the lecture course. He will lecture this winter only in places whence he can get back to Boston the same night. Humphreys and Smith, the two men who confessed to having tired the Lebanon Valley railroad bridge, near Reading, Penn., in connection with the great railroad strike, on the night of July 22d, were Monday morning seutenced to five years in prison and to pay $1,000 fine and costs of the suit. The Russians captured 80,000 prisoners and 40 cannon in their victory over Mukhtar Pasha. In Buigaria they have made contracts for a series of railroads traversing the country now held by them, which will be connected with the Roumanian system by means of huge ferries on the American plan, which will transport cars across the Danube.


Article from Shepherdstown Register, October 27, 1877

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Editorial Brevities. An exchange says: Young man, don't fool away your time going to see a fashionable girl. Paint, powder and pull backs are all well enough, but winter IS coming on, and you want to marry a good stout hired girl who can shovel snow. The following are the officers of the House of Representatives: Speaker, Samuel J. Randal! : Clerk, George M. Adams: Sergeant-at-Arms, John G. Thompsom ; Doorkeeper, John .Polk; Postmaster, James M. Stewart; Chaplain, the Rev. Dr. John Poisel. Four years ago Governor Carpenter, of Iowa, was elected, in round numbers by a plurality of 22,000 votes over the Democratic candidate. Two years ago Govenor Kirkwood had a plurality of 32,000, and now Gear, the recently elected Republican Governon, has a plural ity of 40,000. The position of Third Assistant Secretary of State, now held by Mr, John A. Cambell, who is to be given a European consolate, was offered by the President to Mr. Robert Lincoln, the eldest son of the late President Lincoln. Mr. Lincoln has declined the offer. New York city is to have "Cleopatra's Needle" brought over from Egypt. The Cincinnati Commercial suggests that it be used as a monument for Boss Tweed. Could it not be put to a better purpose, say to stich the two great parties together. Last Wednesday night a week, as a freight train was nearing Turkey Foot Curve on the B. & O. R. R., at a rapid rate, it ran into a slide, completely wrecking fourteen hoppers, and badly damaging the engine. Rev. Alfred Thompson, a Methodist preacher at Elgin, Illinois, crossed the ocean with a lady, the wife of another minister. Upon their arrival at New York he stole the woman's jewelry, was caught and has just been sentenced to five years in the penitentiary. Has the devil got into the preachers? A Times special from the Sitting Bull commission, Fort Walsh, British Northwest Territory, Oct 17, says the commission has met Sitting Bull and has utterly failed to obtain any satisfaction or terms of settlement from him. The Bank of Bunker Hill, Illinois, suspended the 22nd inst. Liabilities $60,000. The bank officers say that the depositors will be paid in full. The probability of Senator Morton's recovery is not at all encouraging. He is very feeble, and seems to be growing weaker, as we infer from the reports in regard to him. Louisiana don't seem to have been restored to the Union after all she has no representation in the United States Senate yet.