Article Text
(Signed.) "JAMES H. ECKLES, "Comptroller." ROSELAND BANK SUSPENDS. Another suspension was recorded late in the afternoon, when Judge Horton, of the circuit court, appointed John H. Nichols receiver for the property of Frederick Wiersema, who owns the Roseland bank, which is situated in Roseland. The appointment was made upon the application of George Dalenberg, a judgment creditor of Wiersema to the extent of $600. The complaint attributed the embarrassment of Mr. Wiersema to the connection of the latter with the National Bank of Illinois. The assets are placed at $75,000 and the deposits at $50,000. The bank will resume business within a few days. ACCOUNTS FALSIFIED. Chicago, Dec. 21.-The Tribune tomorrow will say that in the case of the National Bank of Illinois, "the manipulation of the books was such as to practically amount to the fasification of accounts." It is claimed that one loan of $900,000 made to the Calumet Electric company was charged up to foreign exchange instead of being entered in a proper manner. Other irregularities in connection with loans made to the Calumet Electric company are said to haave taken place. IN NEW YORK. New York, Dec. 21.-Officials of the Mercantile and the American Exchange National banks of this city, correspondents of the National Bank of Illinois, say they will not be affected to any important extent by its failure. The American Exchange has merely handled collections for the bank and is actually a debtor to it. The Mercantile bank people say that the Chicago bank does not owe them except for notes in their hands for collection, and express deep sympathy for the officials of the Chicago bank. REPORTED TO ECKLES. Washington, Dec. 21.-Comptroller Eckles has received an announcement concerning the National Bank of Illinois in Chicago. It says the Chicago clearing house has assumed to pay 75 per cent of all proved claims. John C. McKean has been appointed receiver for the bank and instructed to publish a list of all approved claims at once SO that creditors may get the benefit of his action. Instructions have been issued to all banks having the bank as their correspondent to prove their claims and send them in. At the last report of this bank, which was November 30, the bank had a capital of $1,000,000; a surplus of $1,000,000; undivided profits $450,000 and total assets, including bonds, of $15,046,992. Its liabilities will be about $11,000,000. While it is feared that serious results may follow, Comptroller Eckles will do all in his bower to relieve the strain on