Article Text
Bank Suspension
Daluth, Minn., Oct. 14.-The Marine National bank has suspended. A bank examiner is in charge. Inability to make collections rapidly enough to meet withdrawals is assigned as the cause. The bank has a capital of $250,000.
Full suspension, Books examined
Duluth, Minn., Oct 14.-The Marine National bank has suspended. Inability to make collections rapidly enough to meet withdrawals is assigned as the cause. No state. ment of assets or liabilities has yet been made. The bank has a capital of a quarter of a million.
DULUTH. Minn., Oct. 14.-The Marine National Bank has suspended, and the bank examiner is in charge. Inability to make collections rapidly enough to meet withdrawals 13 assigned as the cause The bank has a capital stock of $2.0,000. No statement has been issued asTyet.
Duluth, Oct. 14.-The Marine National bank has suspended and a bank examiner is in charge. Inability to make collections rapidly enough to meet withdrawals, is assigned as the cause. The bank has a capital of $250.000. No statement has been made yet.
The Marine National Bank of Duluth, Minn., has suspended, and the bank examiner is in charge. Inability to make collections rapidly enough to meet withdrawals is assigned as the cause. The bank has a capital of $250,000. No statement has been Issued as yet.
Duluth, Minn., Oct. 14.-The Marine NationalBank has suspended and the bank examiner is in charge. Inability to make collections rapidly enough to meet withdrawals is assigned as the cause. The bank has a capital of $250,000. No statement has been issued as yet.
DULUTH, Minn., Oct. 14.-The Marine National bank suspended, and the bank examiner is in charge. Inability to make collections rapidly enough to meet withdrawals is assigned as the cause. The bank has a capital of $250,000. No statement has been issued as yet.
assigned; aggregate liabilities, nearly $500,000. The Chicago Consolidated Iron and Steel Co. assigned; liabilities, about $300,000. B. Hilton, Hughes & Co., successors to A. T. Stewart & Co., New York, made a general assignment and closed business; liabilities over $1,000,000. 31. The Kings County Elevated Railway Co. of Brooklyn placed in hands of a receiver. SEPTEMBER. 4. The First National bank of Helena, Mon., failed, with heavy liabilities. 26. The First National bank of Springville, N. Y., suspended. Wolf Bros.' dry goods establishment in Little Rock closed by attachments; liabilities, $500,000. OCTOBER. 6. The Car and Lumber Co. of Tyler, Tex., failed; liabilities, $250,000. John Maclean & Co., wholesale millinery, failed in Montreal; liabilities, $175,000. B. L. Price & Co., clothing manufacturers, failed; liabilities, $125,000. 7. The First National bank of Ithaca, Mich., failed. 14. The Marine National bank of Duluth failed. 15. The Bank of Commerce of Buffalo closed its doors. 16. Merchants' National bank of Atlanta failed. 19. The Western New York Preserving Co., at Buffalo, seized by the sheriff for debt; 11abilities, $167,323. Charles Bertrand & Co., merchants, of Isle Verte, Que., failed, with liabilities of $235,000. 29. The Mecosta County Savings bank, at Big Rapids, Mich., suspended. NOVEMBER. 20. The First National bank of Sioux City, Ia., failed. 23. The Dakota National bank of Sioux Falls failed. 30. The Missouri National bank, at Kansas City, passed into the hands of the comptroller of the currency. The First National bank of Tyler, Tex., failed. DECEMBER. 1. Gage & Felton, bankers and brokers, failed in Boston.