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three cays and acquamted facts relating to the suspension of the bank. As soon as the necessary prep arations can be made warrants will be issued for the arrest of the men who appear to be guilty of having violated the national banking laws. NASHVILLE, Tenn Aug. 9 The First Nation Bank of this city suspended after banking hours this afternoon. A statement has not yet been given out WASECA, Minn., Aug. 9.-The Peo ple's Bank of this city failed to open yesterday. The directors held a meet ing Monday evening and voted to suspend. Saturday and Monday there was a heavy run on the bank, with drawing SO much of the funds that demands could not be met. Assetsare $135,000, liabilities $67,000. NEW ORLEANS, La, Aug. 9.-A - run was started yesterday on the Germania Savings Bank, and all who came were promptly paid. When the doors of the Germania were opened this morn ing there was a motley group of people waiting on the outside with their deposit books. The savings bank man agers last night night decided to enforce the sixty day clause. Thisaction has apparently had the effect of allay ing the fears of depositors and the run has ceased. MINNEAPOLIS, Aug 9 The Commer cial Bank of this city closed its doors this morning. The Hamilton Loan and Trust Co. New York, has gone into the hands of a receiver. Fuller Bros & Co. one of the largest hardware firms in New York, and a very old firm, assigned on the 9th. The Automatic Piano Company, New York is in the hands of a receiver. The liabilities are $40,000; assets $10,000 WASHINGTON, Aug 11 -Comptroller Eckles was informed this morning of the suspension of the Waxahachi Na tional Bank, of Waxahachie, Texa Capital, $100,000 NEW YORK, Aug. 11.-The failure of Washington Burrows was announced at the Consolidated Exchange this morning EBENSBURG Pa Aug. - The bank ing firm of Johnston, Buck & Co, of this place, conducting banks at Ebens burg, Carrolltown and Hastings, closed their do rs at noon to day and placed the following notice at the entrance: We have assets in excess of our liabili ties, but owing to the constant demand on us for currency in the last twenty four hours we consider it to the best interest of all concerned to suspend payment for the present Twenty big failures was the record made in New York City on the 10th. NASHVILLE, Tenn, Aug 10.-The suspension of the First National Bank last evening was followed to day by the suspension of payment by the American National Bank, one of the largest and strongest in the city. The bank has a capital stock of $1,000,000 and a surplus fund of $116,000 LEROY, N. Y., Aug -Frank C. Lathrop's bank has closed its doors. He has made an assignment to James Kinny. He claims all depositors will be paid in full and ascribes the failure to the tightness of the monev market. CHICAGO, III Aug. 10.-The South Side State Bank, State and Thirty first streets, passed into the hands of a re ceiver yesterday afternoon. The bank has been doing businesssince. June and the volume of business transacted has been small. The capital stock wasplaced at $200,000, but it is alleged only a small percentage of this sum was paid in The deposits will not exceed $18, 000 and were made largely by the various stockholders of the bank. From present indications it appears that John B. Koetting, cashier of the now defunct South Side Savings Bank, practically looted the bank before leav ing the city. It is estimated that he took at least $109,000 in money and securities, and now Receiver Barth has at ached Koetting's individual property in the hope that some of the stolen money may be recovered. KINGSTON, Aug. 10.-The Caldwell County Bank at this place and the Ex change Bank of Polo closed their doors yesterday morning. Both banks are owned by John D. Cox. There is no run on other banks. ST. PAUL, Minn., Aug. 10.-Assignee Westfall filed a statement of the assets and liabilities of the bank this afternoon. Even the most cursory reading of the documents shows that the Seven Corners Bank was not swamped by hard times, but was wrecked by its cashier, C. A. Hawks. BEATRICE, Neb., Aug. 10.-Jacob Bond, president of the defunct Bank of Cortland, was arrested last night. F. C. Severine, a member of the State legislature, swore out the complaint against him, and the principal charge is that of receiving deposits after the bank was known to be insolvent. LOWELL, Mass., Aug. .-Faulkner's Mills have posted a notice of shut down for two weeks from Friday night in all but the dyeing and finishing departments. The mill runs 9,200 spindles and 142 looms and employs 500 hands. WINSTON, N, C., Aug. 12.-King Brothers' Pure Food Company, doing business on Third street, assigned to day, naming Colonel Thomas H. Stratton trustee. Liabilities, about $5,000; assets, $3,500.
