5696. Bank of Geneva (Geneva, IN)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
May 18, 1893
Location
Geneva, Indiana (40.593, -84.960)

Metadata

Model
gpt-5-mini
Short Digest
0493c761

Response Measures

None

Description

Multiple contemporaneous papers list Geneva among the banks that failed/closed following the collapse of the Columbia National Bank (Chicago) in mid-May 1893. The items report the doors closed/failed; no article describes a depositor run on the Bank of Geneva itself. Cause appears to be contagion from a correspondent/major city bank failure rather than a rumor or bank-specific scandal. Date assigned from the May 18, 1893 news reports.

Events (1)

1. May 18, 1893 Suspension
Cause
Correspondent
Cause Details
Failure/collapse of the Columbia National Bank in Chicago triggered failures of country/local banks including Geneva (contagion/credit disruption).
Newspaper Excerpt
THE Columbia national bank collapse in Chicago caused the failure of banks at Russiaville, Greentown. Oxford, Morristown, Arcadia, Spiceland, Orleans, Hebron, Brookston, Dunkirk, Geneva, Boswell, Knox. West Lebanon and Greenwood in Indiana
Source
newspapers

Newspaper Articles (7)

Article from New-York Tribune, May 14, 1893

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Article Text

THE SITUATION IN INDIANAPOLIS. BRADSTREET'S MANAGER THINKS THE FAILURES WILL BENEFIT LEGITIMATE BANKS. Indianapolis, May 13.-Reports received here show that outside of the failures of the Dwiggins and Parts-Nave concerns, there Is no embarrassment of banks in this State. The list so fur includes the banks at Geneva, Dunkirk, Hebron. Morristown, MonFeeville, Walkerton. Knox, Rosseville, Greentown, Orleans, Greenwood. Russiaville and Boswell. The Dwiggins bank at West Lebanon is still running, and It is asserted that it will continue to run. The Morristown bank, It is believed. will resume. Henry Ertel, manager of the Bradstreet's Agency here, says that the failure of the Dwiggin S-Starbuck and Paris-Nave chains of banks is no reflection on the banking system of the State, and that the agency has received no intimation of embarrassment of any other concerns than the branches that failed yesterday. Mr. Ertel thinks the death of the banks in question will be of benefit to the legithmate banking interests, and that the other banking institutions are sound 1 1 1 and strong. Hugh Young, of Wellsboro, Penn., Special United States Bank Examiner, had a private conference with the directors of the recently failed Capital National Bank and the State Bank Examiner today. Mr. Young said during the conference that the question of the bank's resumption could not be discussed until he had made a thorough examination of the bank's affairs. Monroeville, Md., May 13.-The Citizens' Bank of Monreeville opened as usual this morning, but a run began, as a result of which the bank, at 10 o'clock, was obliged to close its doors.


Article from The Worthington Advance, May 18, 1893

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JOHN MAHIN'S residence and two other houses at Muscatine, Ia., were destroyed by dynamite. Mr. Mahin is editor of the Muscatine Journal, postmaster and .an ardent prohibitionist, and the residences destroyed were those of prominent citizens who have been active in prosecuting saloon cases. NEAR Lakeport, Ark., the levee gave way, flooding thousands of acres of cotton land and causing heavy losses to planters. IN Chicago the Columbia national bank suspended with liabilities of over $1,000,000. The principal business of the bank was with country banks and they will be the chief sufferers. THE doors of the Capital national bank at Indianapolis were closed with liabilities of $1,000,000. THE Danube left Portland, Ore., for China with 406 Chinese on board who had been refused admission to the United States. ON the Ohio River railroad a freight train went off the tracks at Walkers, W. Va., falling 35 feet, and three men were killed. CHARLES LUTTRELL and John Z. Carlisle were hanged at Sherman, Tex., for the murder of W. T. Sherman at Denison on April 28, 1892. AT Grand Ridge, III., R. J. Horinck, conductor of a general store nd.private bank, failed for $300,000, and scores of farmers are ruined by the disaster. THE members of the local world's fair directory passed a resolution that the fair should be open Sundays on and after May 21, the admission to the grounds to be twenty-five cents, and the big exhibit buildings to be closed. This action may be annulled by the national commission. AT Charleston, S. c., Joe Brannon, aged 19. was hanged for the murder of Stephen Kearney on the 31st of August last. THE Columbia national bank collapse in Chicago caused the failure of banks at Russiaville, Greentown. Oxford, Morristown, Arcadia, Spiceland, Orleans, Hebron, Brookston, Dunkirk, Geneva, Boswell, Knox, West Lebanon and Gieenwood in Indiana, the Richland, Edwardsburg, Lawton, Rockford and Charlevoix banks in Michigan, the bank of Oregon in Wisconsin, the bank of Casey in Illinois and the bank at Clearmount in Ohio. TWENTY-FIVE ringleaders of the mob that took from jail at Chattanooga, Tenn., Alfred Blount, a negro assaulter, and hanged him. have been indicted for murder. EAST of Pinckney, Mich., several farms were swept by a cyclone and buildings were wrecked and several persons were hurt, but not seriously, though many horses and sheep were killed. OHIO prohibitionists will meet in state convention at Cleveland June 27 and 28. THE firm of Kendall & Smith, the largest millers in Nebraska, failed at Lincoln for $250,000. IN Milwaukee the big department store of Frank A. Lappen & Co. and the furniture store of the Lappen Furniture company failed for $500,000. W. H. THOMAS & SON, the largest dealers in old Kentucky whisky in the world. suspended at Louisville with liabilities of $600,000. IN session at Louisville, Ky., the National Republican College league elected L. E. Hawkins, of Syracuse university, as president.


Article from The State Republican, May 18, 1893

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Article Text

WEST AND SOUTH. THE Republican League clubs met in national convention in Louisville, Ky., delegates from thirty-three states being present. A MOB lynched a young negro who tempted to assault a daughter of Capt. James Wham at Chestnut Ridge, & C. IN the nineteenth annual Kentucky derby at Louisville six horses participated, Lookout winning by four lengths in 2:39 14. JOHN MAHIN'S residence and two other houses at Muscatine, Ia., were destroyed by dynamite. Mr. Mahin is editor of the Muscatine Journal, postmaster and an ardent prohibitionist, and the residences destroyed were those of prominent citizens who have been active in prosecuting saloon cases. FLAMES swept away one-half of Spring Lake, Mich., and fifty families were homeless. Total loss, $175,000. W. W. TRACEY, of Springfield, III., was chosen president of the National League of Republican clubs at the session in Louisville. NEAR Lakeport, Ark., the levee gave way, flooding thousands of acres of cotton land and causing heavy losses to planters. IN Chicago the Columbia national bank suspended with liabilities of over $1,000,000. The principal business of the bank was with country banks and they will be the chief sufferers. THE doors of the Capital national bank at Indianapolis were closed with liabilities of $1,000,000. THE Danube left Portland. Ore., for China with 406 Chinese on board who had been refused admission to the United States. ON the Ohio River railroad a freight train went off the tracks at Walkers, W. Va., falling 35 feet, and three men were killed. CHARLES LUTTRELL and John Z. Carliste were hanged at Sherman, Tex, for the murder of W. T. Sherman at Denison on April 88, 1893. AT Grand Ridge, III., R. J. Horinck, conductor of a general store and private bank, failed for $800,000, and scores of farmers are ruined by the disaster. THE members of the local world's fair directory passed a resolution that the fair should be open Sundays on and after May 21, the admission to the grounds to be twenty-five cents, and the big exhibit buildings to be closed. This action may be annulled by the national commission. THE Columbia national bank collapse in Chicago caused the failure of banks at Russiaville, Greentown. Oxford, Morristown, Arcadia, Spiceland, Ordeans, Hebron, Brookston, Dunkirk, Geneva, Boswell, Knox, West Lebanon and Greenwood in Indiana, the Richland, Edwardsburg, Lawton, Rockford and Charlevoix banks in Michigan, the bank of Oregon in Wisconsin, the bank of Casey in Illinois and the bank at Clearmount in Ohio. TWENTY-FIVE ringleaders of the mob that. took from jail at Chattanooga Tenn., Alfred Blount, a negroassaulter. and hanged him. have been indicted for murder.


Article from River Falls Journal, May 18, 1893

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CHARLES LUTTRELL and John Z. Carlisle were hanged at Sherman, Tex., for the murder of W. T. Sherman at Denison on April 28. 1892. AT Grand Ridge, III., R. J. Horinck, conductor of a general store andiprivate bank, failed for $300,000. and scores of farmers are ruined by the disaster. THE members of the local world's fair directory passed a resolution that the fair should be open Sundays on and after May 21. the admission to the grounds to be twenty-five cents, and the big exhibit buildings to be closed. This action may be annulled by the national commission. AT Charleston, S. C., Joe Brannon, aged 19. was changed for the murder of Stephen Kearney on the 31st of August last. THE Columbia national bank collapse in Chicago caused the failure of banks at Russiaville, Greentown. Oxford, Morristown, Arcadia, Spiceland, Orleans, Hebron, Brookston. Dunkirk, Geneva, Boswell, Knox. West Lebanon and Greenwood in Indiana, the Riehland, Edwardsburg, Lawton. Rockford and Charlevoix banks in Michigan, the bank of Oregon in Wisconsin, the bank of Casey in Illinois and the bank at Clearmount in Ohio. TWENTY-FIVE ringleaders of the mob that took from jail at Chattanooga, Tenn., Alfred Blount, a negroassaulter, and hanged him, have been indicted for murder. EAST of Pinekney, Mich., several farms were swept by a cyclone and buildings were wreeked and several persons were hurt. but not seriously, though many horses and sheep were killed. OHIO prohibitionists will meet in state convention at Cleveland June 27 and 28. THE firm of Kendall & Smith, the largest millers in Nebraska, failed at Lincoln for $250,000. IN Milwaukee the big department store of Frank A. Lappen & Co. and the furniture store of the Lappen Furniture company failed for $500,000. W. II. THOMAS & SON, the largest dealers in old Kentucky whisky in the world. suspended at Louisville with liabilities of $600,000. IN session at Louisville, Ky., the National Republican College league elected L. E. Hawkins, of Syracuse university, as president. THE Illinois and Sangamon rivers in Cass county, III., overflowed and several thousand aeres of rich farming lands were flooded, entirely destroying the wheat sown last fall. THE doors of the Kissamee (Fla.) City bank were closed with liabilities of $100,000. L. F. PRICE, a conductor on a train at Seymour, Ind., was shot and killed by John Turley and a mob took the murderer from jail at Bedford and lynched him. THE founder and principal of the Hampton institute for negroes and Indians near Fort Monroe, Va., Gen. Samuel C. Armstrong, died at Hampton, aged 54 years. IN the case of W C. Rippey, accused of assaulting John W. Mackay in San Francisco with intent to kill, the jury was dismissed, having failed to reach an agreement. AT Brook's mill in Arkansas a crevasse gave way causing the destruction of crops in eight or nine parishes. NEAR Kenova. W. Va., an extensive was analysis tin-ore mine per found, tin. the showing 70 cent. pure A PICKPOCKET robbed N. B. Martans, 70 years of age, of Woodland, Cal., of $4,100 on the world's fair grounds in Chicago. FIRE destroyed the Standard Oil company's-works at Whiting, Ind., the loss being $100,000. AT Calamet, Mich., ten men fell 3,000 feet to their death down the Red Jacket shaft of the Calumet and Hecla mine.


Article from Warren Sheaf, May 18, 1893

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Article Text

JOHN MAHIN'S residence and two other houses at Muscatine, Ia., were destroyed by dynamite. Mr. Mahin is editor of the Muscatine Journal, postmaster and an ardent prohibitionist, and the residences destroyed were those of prominent citizens who have been active in prosecuting saloon cases. NEAR Lakeport, Ark., the levee gave way, flooding thousands of acres of cotton land and causing heavy losses to planters. IN Chicago the Columbia national bank suspended with liabilities of over $1,000,000. The principal business of the bank was with country banks and they will be the chief sufferers. THE doors of the Capital national bank at Indianapolis were closed with liabilities of $1,000,000. THE Danube left Portland, Ore., for China with 406 Chinese on board who had been refused admission to the United States. ON the Ohio River railroad a freight train went off the tracks at Walkers, W. Va., falling 35 feet, and three men were killed. CHARLES LUTTRELL and John z. Carlisle were hanged at Sherman, Tex., for the murder of W. T. Sherman at Denison on April 28. 1892. AT Grand Ridge, Ill., R. J. Horinck, conductor of a general store and.private bank, failed for $300,000, and scores of farmers are ruined by the disaster. THE members of the local world's fair directory passed a resolution that the fair should be open Sundays on and after May 21; the admission to the grounds to be twenty-five cents, and the big exhibit buildings to be closed. This action may be annulled by the national commission. AT Charleston, S. c., Joe Brannon, aged 19, was hanged for the murder of Stephen Kearney on the 31st of August last. THE Columbia national bank collapse in Chicago caused the failure of banks at Russiaville, Greentown. Oxford, Morristown, Arcadia, Spiceland, Orleans, Hebron, Brookston, Dunkirk, Geneva, Boswell, Knox, West Lebanon and Gieenwood in Indiana, the Richland, Edwardsburg, Lawton, Rockford and Charlevoix banks in Michigan, the bank of Oregon in Wisconsin, the bank of Casey in Illinois and the bank at Clearmount in Ohio. TWENTY-FIVE ringleaders of the mob that took from jail at Chattanooga, Tenn., Alfred Blount, a negro assaulter, and hanged him, have been indicted for murder. EAST of Pinckney, Mich., several farms were swept by a cyclone and buildings were wrecked and several persons were hurt, but not seriously, though many horses and sheep were killed. OHIO prohibitionists will meet in state convention at Cleveland June 27 and 28. THE firm of Kendall & Smith, the largest millers in Nebraska, failed at Lincoln for $250,000. IN Milwaukee the big department store of Frank A. Lappen & Co. and the furniture store of the Lappen Furniture company failed for $500,000. W. H. THOMAS & SON, the largest dealers in old Kentucky whisky in the world, suspended at Louisville with liabilities of $600,000. IN session at Louisville, Ky., the National Republican College league elected L. E. Hawkins, of Syracuse university, as president.


Article from The Times, May 19, 1893

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States reported exchanges United amounting to $1,370,664,109 against As $1,373,638,156 the previous week. week compared with the corresponding of 8192 the increase was 11.0. JOHN Z. Carlisle and Charles Luttrell the hanged at Sherman, Tex., Denison for were murder of W. T. Sherman at on April 28, 1892. THERE were 257 business failures the rein the United States during the ported seven days ended on the 12th. In week preceding there were 216, 1892 and during the corresponding time in the number was 209. R. J. HORINCK, conductor of a general store and private bank at Grand Ridge, of Ill., failed for $300,000, and scores farmers are ruined by the disaster. FOREST fires burned hundreds of of oak, pine and cedar timber, acres valuable cranberry bogs N.J. and three many houses in Berkeley township, the THE twenty-five ringleaders of mob that took from jail at Chattanooga, Tenn., Alfred Blount, a negroassaulter, for and hanged him, have been indicted murder. THE Hygeian Ice company at Trenton, N. J., failed for $150,000. SEVERAL farms east of Pinckney, Mich., were swept by a cyclone and buildings were wrecked and several persons were hurt, but not seriously, though many horses and sheep were killed. THE collapse of the Columbia national of bank in Chicago caused the failure banks at Rusiaville, Greentown, Oxford. Morristewn, Arcadia, Spiceland, Orleans, Hebron, Brookston, Dunkirk, Geneva, Boswell, Knox, West Labanon and Greenwood in Indiana, the Richland, Edwardsburg, Lawton, Rockford and Charlevoix banks in Michigan, the bank of Oregon in Wisconsin, the bank at of Casey in Illinois and the bank Clearmount in Ohio. MEMBERS of the local world's fair dipassed a resolution that the fair should rectory be open Sundays on and after May 21, the admission to the grounds to be twenty-five cents, and the big exhibit buildings to be closed. This action may be annulled by the national commission. JOE BRANNON, aged 19, was hanged at Charleston, S. C., for the murder of Stephen Kearney on the 31st of August last. THE police at Buffalo, N. Y., claimed to have discovered evidence of a plot by anarchists to blow up the water works and fire the world's fair buildings to avenge upon Chicago the execution of the anarchists condemned for the Haymarket murders. THE new Cunard line steamship Campania made the trip from New York to Queenstown in 5 days 17 hours and 42 minutes. the quickest passage eastward yet made by any steamer. THE total value of the exports of breadstuffs from this country during the ten months ended April 30 last was $157,653,913, a decrease of $93,000,000 from the corresponding period of 1892. JOHN WEISS, grand treasurer of the Order Germania, a relief fund, sick and benefit association, departed from his home in New York with $100,000 belonging to the order. KENDALL & SMITH, the largest milling firm in Nebraska, failed at Lincoln for $250,000. THE big department store of Frank A. Lappen & Co. and the furniture store of the Lappen Furniture company in Milwaukee failed for $500,000. AT Louisville, Ky., the firm of W. H. Thomas & Son, the largest dealers in old Kentucky whisky in the world, suspended with liabilities of $600,000. A SEVERE windstorm at Astoria, Ore., overturned a number of fishing boats and four men were drowned. THE percentages of the baseball clubs in the National league for the week ended on the 15th were as follows: Cleveland. .667; St. Louis, .667; Washington, .643; Pittsburgh, .636; Brooklyn, .588; Cincinnati, .572; Philadelphia, .500; Baltimore, .429; Boston, .462; New York, .885; Chicago, .286; Louisville. .200. Two PERSONS were killed and several a seriously injured by the explosion of railway locomotive at Lebanon, Pa. THE jury in the case of W. C. Rippey, accused of assaulting John W. Mackay in San Francisco with intent to kill, was dismissed, having failed to reach en agreement. JOHN TURLEY, who shot and killed L. F. Price, a conductor, on a train at Seymour, Ind., was taken from jail at Bedford by masked men and lynched. THE Standard Oil company's works at Whiting, Ind., were burned, the loss being $100,000. TEN men fell 3,000 feet to their death down the Red Jacket shaft of the Calumet and Hecla mine at Calumet, Mich. KENDALL & SMITH, grain dealers at Lincoln, Neb., failed for $300,000. THE Kissamee (Fla.) City bank closed its doors with liabilities of $100,000. Tightness of money and slow collections caused the failure. A FIRE caused by a defective flue in the bakehouse of the Aldine hotel in Philadelphia resulted in a loss of 140,000. A CREVASSE gave way at Brook's mill in Arkansas, causing the destruction of crops in eight or nine parishes. BY request of Secretary Gresham the of as resignation of William E. American Curtis chief the bureau of the republics was sent to the president.


Article from The Cape Girardeau Democrat, May 20, 1893

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THE doors of the Capital national bank at Indianapolis were closed with liabilities of $1,000,000. THE Danube left Portland, Ore., for China with 406 Chinese on board who had been refused admission to the United States. Ox the Ohio River railroad a freight train went off the tracks at Walkers, W. Va., falling 35 feet. and three men were killed. CHARLES LUTTRELL and John Z. Carlisle were changed at Sherman, Tex., for the murder of W. T. Sherman at Denison on April 28. 1892. AT Grand Ridge, Ill., R. J. Horinek, conductor of a general store andiprivate bank. failed for $300,000, and scores of farmers are ruined by the disaster. THE members of the local world's fair directory passed a resolution that should be Sundays on and 21, the to be grounds the after fair May twenty-five open admission cents, to and the the big exhibit buildings to be closed. This action may be annulled by the national commission. AT Charleston, S. C., Joe Brannon, aged 19. was changed for the murder of Stephen Kearney on the 31st of August last. THE Columbia national bank collapse in Chicago caused the failure of banks at Russiaville, Greentown. Oxford, Morristown. Arcadia, Spiceland, Orleans, Hebron. Brookston, Dunkirk, Geneva, Boswell, Knox, West Lebanon and Greenwood in Indiana, the Richland, Edwardsburg. Lawton. Rockford and Charlevoix banks in Michigan, the bank of Oregon in Wisconsin, the bank of Casey in Illinois and the bank at Clearmount in Ohio. TWENTY-FIVE ringleaders of the mob that took from jail at Chattanooga, Tenn. Alfred Blount, a negroassaulter. and changed him. have been indicted for murder. EAST of Pinckney. Mich., several farms were swept by a cyclone and buildings were wrecked and several persons were hurt. but not seriously. though many horses and sheep were killed. OHIO prohibitionists will meet in state convention at Cleveland June 27 and 28. THE firm of Kendall & Smith. the largest millers in Nebraska. failed at Lincoln for $250,000. IN Milwaukee the big department store of Frank A. Lappen & Co. and the furniture store of the Lappen Furniture company failed for $500,000. W. II. THOMAS & Sox. the largest dealers in old Kentucky whisky in the world. suspended at Louisville with liabilities of $600,000. IN session at Louisville, Ky., the National Republican College league elected L. E. Hawkins, of Syracuse university, as president.