Puget Sound National Bank (Everett, WA)

Episode Information

Episode UID
479601123
Episode Type
Suspension β†’ Reopening
Bank Type
national
Bank ID
47960 national
Charter Number
4796
Start Date
July 5, 1893
Location
Everett, Washington (47.979, -122.202)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
310c49dd7b2c7bf7

Response Measures

None

Receivership Details

Depositor recovery rate
100.0%
Date receivership started
1895-08-07
Date receivership terminated
1896-08-03
OCC cause of failure
Fraud
Share of assets assessed as good
6.5%
Share of assets assessed as doubtful
23.1%
Share of assets assessed as worthless
70.4%

Events (5)

1. September 23, 1892 Chartered
Source
historical_nic
2. July 5, 1893 Suspension
Cause
Correspondent
Cause Details
Refusal of Eastern banks to honor heavy drafts on securities offered, causing inability to realize on securities.
Newspaper Excerpt
On account of inability to realize on securities the Puget Sound National Bank of Everett suspended to-day.
Source
newspapers
3. July 22, 1893 Other
Newspaper Excerpt
The Comptroller has appointed William A. Rice receiver of the Puget Sound National bank at Everett, Wash.; the Comptroller appointed William A. Rice receiver of the Puget Sound National bank of Everett, Wash., and Mr. George B. Hofman receiver of the Bozeman National Bank, Bozeman, Mont.
Source
newspapers
4. October 23, 1893 Reopening
Newspaper Excerpt
The Puget Sound National Bank of Everett, Wash., which closed its doors during the recent financial panic, reopened for business today.
Source
newspapers
5. August 7, 1895 Receivership
Source
historical_nic

Newspaper Articles (24)

Article from Alexandria Gazette, July 6, 1893

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TELEGRAPHIC BREVITIES. Madame Demorest, of New York, was robbed of $3,000 worth of jewels Monday night at a Michigan avenue, Chicago, boarding house. No arrests have been made. Secretary Smith, of the Interior De- the partment, has issued an order to Choctow authorities to prevent the execution of the five Choctaws who were to be shot to-morrow. Vice-President Stevenson will leave Chicago for Buzzards Bay to-night to consult with the President over ques- the tions which may come up during special session of Congress. The refusal of the Treasury Depart- the ment to accept silver bullion at silprices offered yesterday weakened at the New York stock exchange to-day ver and a decline to 73 took place. FulThree negroes were arrested at of Ky., last night for the murder of the ton, Ray girls near Bardwell. One the men was found to have a bloody knife and there was blood on one arm. The oil town of McDonald, Pa., ou the Pan Handle road, narrowly escaped destruction by fire early this morning. the Ten buildings, one of which was esBaptist church, were burned. The timated loss is $90,000. Hundreds of the Texas cattle which have been driven into Oklahoma from the Cherokee strip by the soldiers are dying of the Spanish fever, and farmers along the line are greatly alarmed cattle over the prospects of their domestic have becoming infected. Armed forces gone to the line to shoot any cattlethat may be driven over. Rev. John T. James, of Virginia, who smashed the whisky exhibit at the World's fair on the Fourth of July acted so queerly that the justice allowed He the charge of disorderly conduct. As then fined the reverend vandal $25. Mr. James declared he would go to jail and pose as a martyr for demon drink, the judge remitted the fine. President Cleveland reached Gray Gables at 9:30 o'clock last night, a few minutes before the beginning of the most violent thunder, hail and wind storm that has swept over Buzzards' in Bay for years. The President was good health and had greatly enjoyed his fishing excursion. The President Lais confined to his room. Secretary mont says Mr. Cleveland has an attack of rheumatism in his foot and knee. Prominent parties were engaged in a shooting affair in Richmond, Ind., last night that has caused much excitement. Rev. John Beaver, a well-known divine and evangelist, who has been engaged in religious work for many years, shot One four times at Thomas G. Gray. ball took effect in Gray's thigh and pro- of duced a serious wound. The cause the trouble arose from jealousy of the preacher about his wife. Seymour, the mind- reader, is on his way alive to Chicago, where he is going to be buried after the manner of the Indian magicians, who say they can suspend animation for any period by swallowing their tongues and controlling their heart and mind. "I wont come Mr. back to earth until September 24," said it." Seymour, "and I am positive I can do Last night's thunder shower was very seat Elizabeth, N. J. Lightning struck dethe vere Park Methodist Episcopal Church, stroying the belfry and causing $10,000 damage. The members were holding prayer and meeting in the lecture room at the time they were greatly frightened. Among the failures to-day were the Ameri- Lock Savings Bank, at Omaha; L. C. & can Co., Alma, Ark.; Peter Traucht. Arlington, A.C Ohio; Bank of Sumas, Sumas, Wash.: Bank. Leighton, Ottumwa, Ia.; Nobles County NatWorthington, Minn; and Puget Sound ional Bank, Everett, Wash. After several attempts to agree on n gen- the reduction on World's Fair rates eral principal railroad lines of Cincinnati seem Penn- to have decided to act separately. The sylvania line has taken the initiative in announcing the first cheap excursion to Chicago


Article from The Providence News, July 6, 1893

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The New York stock market was very humane today. It seemed to have settled down to a quietness that nothing will disturb except the action of congress on the silver question. The London market was closed on account of the royal marriage and the Paris Bourse was practically closed on account of the riot. Hence only about 100,000 shares of stock were traded. Significant features are visible in this market, it is a Breat time for investors, and there. fore a great time for those who have money to use and not to abuse. northwest sells for 102 pays 6 per cent. Pullman sold today at 161, the lowest price quoted since the Baring failure, and it pays 8 per cent. Both of these stocks are generally quoted side by side with bonds. The money market has lost its influence for the time being. The $22,000,000 clearinghouse certificates drawn by the New York banks and the $4,000,000 taken by the Boston banks have had their effect. Money opened at 8 per cent. and closed at 3 per cent. asked with no takers. Readings affairs have reached a crisis: the receivers asked for privilege so issue receiver's certificates and today they were granted permission to do so by Judge Dallass. The bank of England reserve stands at 43.4 as aaainst 50.37 last week. Three banks closethei- doors today. The Puget Sound of Everett, Washington, and two of Pueblo, Colorado. Cut rates are assuming significent proportions. The Union Pacific announces that it will meet the rates of the Northern Pacific and the Great Northern and Portiand next Sunday. Rock Island's increase of 246,000 is credited to increased passenger traffic from newly opened lines. No. Pac., fourth week June, decreased $20,000. Denver and Rio Grande increased for the year net $323,201, and its surplus shows a gain of $509,893.


Article from The Morning Call, July 6, 1893

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COULD NOT REALIZE. The Everett National Bank Shuts Its Doors. EVERETT. Wash, July -On account of inability to realize on securities the Puget Sound National Bank of Everett suspended to-day. The suspension is said to be due to the refusal of Eastern banks to honor heavy drafts on the security offered. No statement is made. The bank was organized last fall with a capital of $100,000.


Article from St. Paul Daily Globe, July 6, 1893

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Washington Banks Suspend. SUMAS, Wash., July 5.-The Bank of Sumas suspended payment today. No statement was made, but it is thought creditors will be paid in full. EVERETT, Wash., July 5.-On account of inability to realize on securities the Puget National Bank of Everett suspended today. The suspension is said to be due to the refusal of Eastern banks to honor heavy drafts on security affirmed. No statement has yet been made. The bank's capital is $100,000


Article from The Salt Lake Herald, July 6, 1893

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Bank of Everett Suspends. EVERETT, Wash., July 5.-On account of inability to realize on securities, the Paget Sound National bank of Everett suspended today. The suspension is said to be due to a refusal of eastern banks to honor drafts on security offered. No statement was made. The bank was organized last fall with a capital of $100,000.


Article from Richmond Dispatch, July 7, 1893

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Western Banks Suspend. [By telegraph to the Dispatch.] EVERETT. WASH.. July 6.-On account of inability to realize on securities the Puget-Sound National Bank, of Everett, suspended yesterday. TOPEKA, KAN., July 6.-Two Kansas banks closed their doors yesterday. The failure of the Finney-County Bank, at Garden City, was not unexpected, as the bank has for some time been in a bad condition. The bank of Leroy, Coffey county, is also closed. WORTHINGTON, MINN., July 6. - -The NobleCounty Bank closed its doors yesterday morning, its owner. Peter Thompson. having made an assignment. Several thousand dollars of county money is tied up. SUMAS, WASH., July 6.-The Bank of Sumas suspended payment Monday. No statement is made, but it is thought the creditors will be paid in full.


Article from New-York Tribune, July 7, 1893

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FAILURES OF WESTERN BANKS. A FEW MORE SUSPENSIONS REPORTED-TWO BANKS RESUME AGAIN. Omaha, Neb., July 6.-The American Savings Bank suspended this morning with deposits of $133,000 and assets of $239,000. It was involved in the embarrassment of the American Loan and Trust Company. through the latter's enterprise, the Omaha and South Texas Land Company. Everett. Wash., July 6.-On account of inability to realize on securities the Puget Sound National Bank. of Everett. suspended yesterday. The suspension is said to be owing to the refusal of Eastern banks to honor heavy drafts on security affirmed. No statement is yet made. The bank's capital is $100,000. Worthington, Minn., July 6.-The Noble County Bank closed its doors yesterday morning, and its owner, Peter Thompson. made an assignment. Several thousand dollars of county money are tied up. Sumas, Wash., July 6.-The Bank of Sumas suspended payment on Monday. No statement was made. but it is thought creditors will be paid in full. Topeka. Kan., July 6.-Two Kansas banks closed their doors yesterday. The failure of the Finney County Bank, at Garden City, was not unexpected. as the bank has for "Some time been in bad condition. The bank of Leroy, Coffey County, also closed. Washington, July 6.-The Controller of the Currency is informed that the First National Bank of Los Angeles, Cal., and the Southern California Bank of the same place. which suspended recently, will few open their doors for business again within a days. Controller Eckels is adopting precautions in all cases where suspended banks apply for permission to resume. to make sure that the banks are put on an absolutely sound basis before the request is granted in order to guard againt a second suspension within a short time. The Controller is informed that the First National Bank of San Diego, Cal. which reopened for business yesterday, received deposits to the amount of $25.000, as against withdrawals to the amount of $8,000. This is regarded as an evidence of returning confidence. The Washington National Bank of Spokane reopened for business this morning. Controller his Pckels states that the information given out m office yesterday that he had directed Bank Examiner Wilson to take charge of the First National Bank of Albuquerque, N. M., was a mistake. The name of the failed bank was the Albuquerque, N. M., National Bank. Five National banks failed yesterday and this morning, as reported to Mr. Eckels. They were the American National Bank of Pueblo, Col.: the Central National Bank of Pueblo, Col.: the Puget Sound National Bank, of Everett. Wash.: the National Bank of Ashiand, Neb., and the First Na tional Bank of Winston, N. C. Controller Eckels has directed Examiner Brown to assume charge of the two banks at Pueblo. Examiner Horine of the Ashland bank, Examiner Cleary of the Everett bank and Examiner Carskadon of the Winston bank.


Article from Santa Fe Daily New Mexican, July 8, 1893

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CONDENSED NEWS. Silver sold down to 71 yesterday. The Vikings ships will reach Chicago today from Newport. The Columbus Caravels arrived at Chicago yesterday and were given an enthusiastic welcome. Frank Melbourne has made another failure to bring rain from the clouds at Cheyenne. Reading, Pa., has been badly cut up by a terrific hail storm. The stones were as large as hickory nuts. Miss Edith, daughter to James M. Drake, the millionaire New York banker, has mysteriously disappeared. A cyclone has destroyed a number of buildings at Huron Lake, Mich., and freight cars were blown from the tracks. There came very near being a disastrous fire in the World's fair grounds last night, but the blaze was extinguished with not much damage. The Puget Sound National bank of Everett, Wash., with capital at $100,000, has suspended. The bank of Lunas, Wash., has also suspended. Chicago is beginning to realize on its World's fair investment, there being over $1,000,000 a day spent by the visitors. Work at the mines on Iron mountain, Mo., has suspended after going on continuously for fifty years, and several hundred men were discharged. The disappearance of timber and exhaustion of the vein are the occasion of this. Sec. Smith will start from Washington to-night in a special car for a visit to the northwest, including a stop at Yellowstone park, where he will make an examination of its conduct. It will be his first trip west of the Mississippi. The Rev. Dr. McGlynn says in a New York interview that he went to Rome merely to pay his respects to the pope, and to receive personally his apostolic benediction. He hopes to be able to say mass publicly ere long.


Article from Echo De L'ouest, July 13, 1893

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e Faillites de Banques et autres depuis quelques jours -Edw. J. Binford de Denver,Col., a fait faillite. Passif 218,000 dollars. L. Banque of Lesueur, de Le sueur, Minn., a ferme 8Β°B portes. Passif 225,000 dollars. La Albuquerque National Bank d'Albuquerque, N. M, a suspendu ses paiements. L'American National Bank de Puibla, Col., a dΓ©posΓ© son bilan. FermΓ©e est la Puget Sound Na tional Bank de Everett, Wash. La National Bank of Ashland, Neb., a fait faillite, ainsi que la First National Bank de Winston, N. C. M. Ward banquier de Forestville N, Y. g'est suicidΓ© et il parait que le dΓ©posants ne verront ja mais grand chose de leurs 100,000 dollars. La Northern National BaLk de Big Rapids, Mich, a fermΓ© ses portes. La Lloyd's National Bank de Jamestown N. D. a suspendu ses paiements. La "Normania Society" de Min neapolis a fait faillite. Passif 75,000 dollars. John L. Davie, banquier d'Auburn, Ill la Thorton Banking House de Shelleyville, Ill., et la Holt county of O'Neil, Nebraska ont fait faillite. Insolvables sont: L'Arkansas State Bank de Stuttgard. La Farmers et Traders Bank de De Wett, Ark. La Chamberlin Investement Co. de Denver, Col. A. Y. Davidson et Co. banquiers de Philadelphie, Pa. La State Bank de Shurbert Neb. La North Galveston Loan et Investement Association de Galveston Texas. La Kangas City Safe Deposit et Trust Co. de Kansas City, Mo., au capital de 300,000 dollare. Passif 1,700,000 doliars.


Article from Chicago Eagle, July 15, 1893

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NATIONAL BANKS COLLAPSE. Five More Placed in Charge of Examiners -Other Business Troubles. Five national banks failed Thursday, as reported to Comptroller Eckels. They were; The American National Bank of Pueblo, Col. : the Central National Bank of Pueblo, Col.: the Puget Sound National Bank of Everett, Wash.: the National Bank of Ashland, Ashland, Neb.; and the First National Bank of Winston, N. Y. Comptroller Eckels has directed Examiner Brown to assume charge of the two failed banks at Pueblo, Examiner Hovine of the failed Ashland bank. Examiner Cleary of the failed Everett Bank. and Examiner Carskadon of the failed Winston Bank At Omaha. the American Savings Bank suspended. with deposits of $153,000 and assets of $259,000. It was involved by the embarrassment of the American Loan and Trust Company, through the latter's enterprise, the Omaha and South Texas Land Company. L. C. Lock & Co., merchants of Alma. Ark., have been closed up on attachments aggregating $20.000. Receivers were appointed for the Northwestern Hardware Company. an Illinois corporation. with offices in Philadelphia


Article from St. Paul Daily Globe, July 23, 1893

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Lucky Ex-St. Paulite. Special to the Globe. W ASHINGTON, July 22.-On the recommendation of Col. Chauncey W. Griggs, of Tacoma. but formerly of St. Paul, William A. Rice became receiver of the Puget Sound National bank at Everett, Wash. Mr. Rice formerly resided in St. Paul. His new position pays $3,000 per year.


Article from The Indianapolis Journal, July 23, 1893

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NATIONAL BANK FAILURES. Since January They Amount to Nearly Two Hundred Against Fifty Last Year. WASHINGTON, July 22.-Since the 1st of January nearly two hundred national banks have closed their doors in the United States against less than fifty during the same period last year. Of the failures this year, five have been United States depositories as follows: First National Bank, of Little Rock, Ark.; Gate City National Bank, of Atlanta, Ga.; People's National Bank, of Denver, Col.; German National Bank, of Denver, Col., and the Kentucky National Bank, of Louisville, Ky. This which closed the last United States govwill not $330,000 latter eroment. had bank, by of however, funds. report its lose doors anything The received to-day, by these failures. as each national bank, that is a government depository. has to deposit United States bonds to the amount of government money it is allowed to carry. These bonds, in case of the failure of the sold the on govbank, are for account States bonds the ernment. and, as United are ata premium in the financial market, there is never any difficulty in realizing. This afternoon Controller Eckels ordered bank examiners to take charge of the failed banks as follows: Escott. at Louisville, Ky.; Plumler. at Knoxville, Tenn.; Sawyer, at Russell. Kan.; Stone, at Vernon, Tex.: Lynch, at Milwaukee, Wis. Other Failures. WASHINGTON, July 22.-In addition to the heavy failure of the government depository at Louisville, three other failures of na tional banks were reported to Controller Eckels this morning; the failures occurring in sections widely apart. The failed banks are: State National Bank, of Vernon, Tex., with capital stook of $100,000; First National Bank, of Vernon, Tex., with capital stock of $80,000. and the State National Bank, of Knoxville, Tenn., with capital stock of $100,000. All these banks are small institutions, the deposits in each being in the neighborhood of $100,000. Governor Cooper, connected with the National Bank of Commerce, of Denver, Col., had an interview with Controller Eckels this morning as to the bank resuming business. While not assured it is probable that arrangements may be perfected by which the bank can resume in a short time. The Controller has appointed William A. Rice receiver of the Puget Sound National Bank of Everatt, Wash., and Mr. George B. Hofman receiver of the Bozeman National Bank, Bozeman, Mont. BELVIDERE, N. J., July 22. - Edward Lunkens, superintendent of the Oxford Iron and Nail Company, was instructed to close the rolling mills and iron mines belonging to that company pending the settlement of the affairs by a receiver. The cause of the failure, as explained by the president, is the dullness of theiron market and the financial stringency of the country. To-night the pumps are being removed from the mines and the machinery is order of the directhe existing state tors. being By diemantled by of affairs 350 men are thrown out of employment without any hope of relief. Liabilities, $225,000; assets, $150,000. NEW YORK, July 22.-A report of the condition of the Archer and Pancoast Manufacturing Company. gas fixtures. shows total liabilities of $1,109,453; total nominal assets are $1,570,666; actual assets approximated, $1,141,619.


Article from The Herald, July 23, 1893

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NATIONAL BANK FAILURES, Two Hundred Since the First of January. Five of Them Were United States Depositories. The National Bank of Kentucky Closes Its Doors. Several More Collapses in Mllwaukee. Business Failures Throughont the Country-Financlal Gossip. By the Associated Press. WASHINGTON, July 22.-Since the 1st of January 200 national banks have closed their doors, against less than 50 for the same period last year. Of the failures this year, five have been United States depositories, as follows: First National bank of Little Rock, Ark. ; Gate City National bank of Atlanta, Ga. ; People'a National bank of Denver, Colo. German National bank of Denver, Colo. Kentucky National bank of Louieville, Ky. This latter bank, which closed its doors today, had by the last report received $330,000 of United States funds. The government, however, will not lose anything by these failures, as each national bank that is a government depository has to deposit United States bonds to the amount of the government money it is allowed to carry. In addition to the heavy failure of the government depository at Louisville, three other failures of national banks were reported to Comptroller Eckels this morning-the State and First National banks of Kernon, Texas, capital $100,000 and $80,000 respectively, and the State National bank of Knoxville, Tenn., capital $100,000, all email institutions. The deposits in each are in the neighborhood of $100,000. The comptroller has appointed William A. Rice receiver of the Puget Sound National bank of Everett, Wash., and George Hoffman receiver of the Bozeman National bank of Bozeman, Mont.


Article from The Morning Call, July 23, 1893

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LONDON FIGURES. Carlisle Says They Must Rule. HE SUSTAINS MR. PRESTON. Over Two Hundred National Banks Have Failed Since the Beginning of the Year. Special to THE MORNING CALL. WASHINGTON, July 22.-Secretary Carlisle this morning authorized the Associated Press to state that he fully approves of the policy pursued in his absence by acting Mint Director Preston in purchasing silver, and that the same poitey will govern silver purchases in the immediate future. This statement will set at rest rumors that the Secretary would on his return reverse the policy of the treasury in purchasing silver. Preston was intrusted by Secretary Carlisle with rentirediscretion in purchasing silver when he left on his vacation. This morning with the approval of Secretary Carlisle he refused to purchase 100,000 ounces of silver at 70 cents, the London price being about 691/2 cents. This lot was part of a lot offered yesterday at 73 cents and was declined and counter offer made of 71 1/2 cents, which the holder refused to accept. This morning he offered as stated 100.000 ounces at 70 cents, but Preston informed the offerer that he only purchased silver on silver days-Mondays, Wednesdays and Fridays. The total silver purchased 80 far this month is about 1,800,000 ounces, besides some local purchases which may bring the total up to 2,000,000 ounces. It is not expected the total of 4,500,000 ounces will be purchased this month, but this does not worry the treasury officials, as Secretary Carlisle holds with Preston that the law does not require the treasury to purchase that amount in case it is not offered within the market price. Since the 1st of January nearly 200 national banks have closed their doors against less than 50 during the same period last year: five have been United States depositories, as follows: First National Bank of Little Rock, Ark.: Gate City National Bank of Atlanta, Ga.; People's National bank of Denver, Colo.: German National Bank of Denver, Colo.; Kentucky National Bank of Louisville, Ky. This latter bank, which closed its doors to-day, had, by the last report, received $320,000 of United States funds. The Government, however, will not lose anything by these failures, as each national bank that Is a Government depository has to deposit United States bonds to the amount of Government money it is allowed to carry. In addition to the heavy failure of the Government Depositors' Bank at Louisville, three other failures of national banks were reported to Comptroller Eckels this morning. The failed banks are: The State and First National banks of Vernon, Tex., capital.$100,000 and $80,000. respectively. and the State National Bank of Knoxville, Tenn.. capital $100,000. All are small institutions, the deposits in each being in the neighborhood of $100,000. The Comptroller appointed William A. Rice receiver of the Puget Sound National Bank at Everett, Wash., and George Hoffman receiver of the Bozeman National Bank at Bozeman, Mont.


Article from The Seattle Post-Intelligencer, July 23, 1893

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Brief Tacoma News. TSCOMA. July 22.-[Special.]-Will A. Rice, recently receiver of the West Coast Fire and Marine Insurance Company, of this city, and a brother of Stuart and Edmund Rice, has been appointed receiver of the Puget Sound National bank, of Everett. Tue Tivoli hotel at Edison burned this morning. Loss, $10,000; insurance, $7,000. The origin of the tire is unknown. Several other buildings were damaged. The Northern Pacific steamship Victoria left for China today with a light cargo, consisting principally of flour. There were thirteen Chinamen who were ordered deported aboad. The family of Mrs. Charles Patnud, residing in the southern part of the city, is reported in a starving condition. She has three children and her husband has deserted her. While coming down the Cstreet grade at a rapid rate this morning an axie on one of the Point Defiance electric cars broke, throwing the car from the track. Rufes Magill and Miss Clark, passengers, were slightly injured. Resolutions presented to the city council tonight by unemployed laborers to have improvements made to streets and extensione made to water plant, for abolition of city contract system, and for eight hours' work, were referred by council, to be acted upos in committee of the whole next Saturder.


Article from The Salt Lake Herald, July 23, 1893

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Texas Banks Collapse. WASHINGTON, July 22.-In addition to the heavy failure of government depositors at Louisville three other failures of national banks were reported to Comptroller Eckels this morning. The State and First National banks of Vernon, Texas, capital $100,000, assets $80,000, respectively. The comptroller has appointed William A. Rice receiver of the Puget Sound National bank at Everett, William and George Hoffman receivers of the Bozeman National, Bozeman, Montana.


Article from The Record-Union, October 24, 1893

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A Bank Reopens for Business. PORTLAND (Or.), Oct. 23.-The Puget Sound National Bank of Everett, Wash., which closed its doors during the recent financial panic, reopened for business today.


Article from The Anaconda Standard, October 24, 1893

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Two Washington Banks Resume. PORTLAND. Oct. 23.-The Puget Sound National bank of Everett. Wash., and the First National bank of Ellensburg, Wash., which closed their doors during the recent financial panic, reopened for business to-day. -


Article from Evening Star, October 24, 1893

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Bank in Washington State Resumes. The Puget Sound National Bank of Everett, Wash., which closed its doors July 5 and was placed in the hands of a receiver July 22, 1893, has been permitted to reopen for business.


Article from The Salt Lake Herald, October 24, 1893

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Oregon Banks Re-open. Portland, Ore., Oct. 23.-The Puget Sound National bank, of Everett, Wash., and the First National bank of Ellensburg, Wash., which closed their doors during the recent financial panic, reopened for business today.


Article from Fort Worth Gazette, October 25, 1893

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BANKS REOPEN. PORTLAND. Ore., Oct 24-The Puget Sound National bank of Everett. Washington, and the First National bank of Ellensburg, Washington, which closed their doors during the recent financial paule have reopened. of


Article from The Morning Call, October 25, 1893

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Two Banks Reopen. PORTLAND, Oct. 24.-The Puget Sound National Bank of Everett, Wash., and the First National Bank of Ellensburg, Wash., which closed their doors during the recent financial panic, have reopened for business.


Article from The Morning News, October 25, 1893

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Two Banks Resume Business. Portland, Ore., Oct. 24.-The Puget Sound National Bank, of Everett, Wash., and the First National Bank, of Ellensburg, Wash., which closed their doors during the recent financial panic, have reopengd.for business.


Article from The Austin Weekly Statesman, October 26, 1893

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National Banks Reopened. PORTLAND, Oct. 24.-The Puget Sound National bank of Everett, Wash., and the First National bank of Ellensburg, Wash., which closed their doors during the recent financial panic have reopened.