5792. First National Bank (Fort Scott, KS)

View Charter #1763 on SPMC

Bank Information

Episode Type
Suspension → Reopening
Bank Type
national
Bank ID
1763
Charter Number
1763
Start Date
July 18, 1893
Location
Fort Scott, Kansas (37.840, -94.708)

Metadata

Model
gpt-5-mini
Short Digest
3060025618d554d2

Response Measures

None

Receivership Details

Depositor recovery rate
77.6%
Date receivership started
1908-11-20
Date receivership terminated
1910-04-16
OCC cause of failure
Fraud
Share of assets assessed as good
54.6%
Share of assets assessed as doubtful
41.9%
Share of assets assessed as worthless
3.5%

Description

Contemporaneous newspapers report the First National Bank of Fort Scott suspended payment on July 18, 1893, citing steady withdrawal of deposits and our inability to collect assets. Multiple later dispatches report the bank resumed business Aug 15–16, 1893. The suspension occurred amid the nationwide panic of July 1893, so the trigger is taken as macroeconomic/systemic panic rather than a discrete misinformation event or bank-specific scandal.

Events (4)
1. January 10, 1871 Chartered
Source
historical_nic
2. July 18, 1893 Suspension
Cause
Macro News
Cause Details
Steady withdrawals of deposits in the July 1893 financial panic (panic spreading from failures in Denver and other places) led to the temporary closing; notice claims assets exceed liabilities.
Newspaper Excerpt
Owing to the steady withdrawal of deposits, and our inability to collect assets, we deem it to the best interests of all concerned that this bank be temporarily closed.
Source
newspapers
3. August 15, 1893 Reopening
Newspaper Excerpt
The First National bank, which suspended on July 18, will resume business in the morning. (reports dated Aug. 15–16 indicate resumption Aug. 15/16.)
Source
newspapers
4. November 20, 1908 Receivership
Source
historical_nic

Newspaper Articles (24)
1. July 18, 1893 San Antonio Daily Light San Antonio, TX
Article from San Antonio Daily Light, July 18, 1893

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A PANIC OF FAILURES. Big Dry Goods House AttachedMore Banks Gone Under. DENVER, Colorado, July 18.-The McNamara, a dry goods company, one of the largest houses in the west, was closed on attachment this morning. They will probably make a general assignment. FORT SCOTT, Ks., July 18.-The First National bank, of this city, the oldest financial institution in Southeastern Kansas, has suspended payment. DENVER, July 18.-The Union National bank, of which R. W. Woodbury is president, failed to open its doors this morning. Its capital is a million dollars. No statement can be had. A run is at present being made on the City National bank, German National, First National, Colorado National, and all of the eleven clearing house banks. The panic is on. DENVER, Colo., July 18. - The National Bank of Commerce has closed its doors. DENVER, Colorado, July 18. The Commercial National bank has closed its doors. The notice says: "This bank has gone into liquidation by order of Board of Directore."

2. July 18, 1893 Alexandria Gazette Alexandria, VA
Article from Alexandria Gazette, July 18, 1893

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Failures. As a result of the recent Thornto: bank failure, Nancy M., W. N. and John D. Stewardson, extensive farmers and stock raisers of Shellbyville, Ills., have ,assigned to W. E. Walker. Liabilities about $30,000; asserts $25,000. The Bank of Anacortes, Washn., failed to-day. The First National Bank of Fort Scott, Kas., the oldest financial institution in southeastern Kansas, has suspended. The Citizens Bank of Ada, the most prominent one in Hardin county, Ohio, failed to open its doors this morning. The Union National Bank of Denver, Col., failed to open its doors this morning. The capital is $1,000,000, No statement can be had. The Commercial National Bank and the National Bank of Commerce have also assigned. A run is now being made on the City National, German National, First Na. tional, Colorado National and all the 11 clearing house banks in Denyer. The panic is on.

3. July 19, 1893 The Anaconda Standard Anaconda, MT
Article from The Anaconda Standard, July 19, 1893

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Other Failures. FORT SCOTT. Kan.. July 18.-The First National bank. the oldest financial institution in this part of the state, has failed. TOLEDO, July 18.-The Citizens' bank of Ada. the most prominent in Hardin county failed this morning. No statement. DENVER. Colo., July 18.-The McNamara Dry Goods company, one of the largest houses in the West, was closed by attachment this morning. ARMOURDALE. Kan., July 18.-The Citizens bank suspended payment to-day. with assets of $151.500 and liabilities of $126,500. Among the heavy creditors is the county of Wyandotte. which had on deposit $40,000 of its own funds. DENVER. July 18.-Hyman & Co., proprietors of the Bee Hive store; McWhirter & Co., dealers in mantles and tiles; and

4. July 19, 1893 The Herald Los Angeles, CA
Article from The Herald, July 19, 1893

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KANSAS BANK FAILURES. Several Large and Many Small Institutions Collapse. TOPEKA, Kan., July 18.-State Bank Examiner Breidenthal this morning received notice of the failure of the Citizens' bank of Kansas City, Kansas; the Bank of Richmond and the Farmers and Merchants bank of The concerns are all small. Other similar failures throughout the state are expected. ARMOURDALE, Kan., July 18. - The Citizens' bank suspended pay ment today with assets $151,500 and liabilities of $126,500. Among the heavy creditors is the county of Wyandotts, which had on deposit $40,000 of itsfunds. FORT SCOTT, Kan., July 18.-The First National-bank, the oldest financial institution in this part of the state, has failed. A notice on the door saye the failure is owing to the steady withdrawal of deposits and inability to collect assets; that the closing of the doors is only temporary; that the assets are more than three times the liabilities, and that depositors will lose nothing. It has a capital of $300,000.

5. July 19, 1893 The Daily Morning Astorian Astoria, OR
Article from The Daily Morning Astorian, July 19, 1893

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SEVERE RUN ON DENVER BANKS Several of Them Compelled to Close Their Doors. SMALL DEPOSITORS EXOILED And Entirely Responsible for the Condition of Affairs-The Worst Thought to Be Over. au Associated Press. Alter Denver, July 18.-No None was ever witnessed here before like that of this morning. shortly after the hour when the banks opened for business. The failure three savings banks yesterday had excited the masses, and at the hour of opening the streets were crowded with anxious depositors, The eleven clearing house banks, located within four blocks of each other, were surrounded, and far into the streets the crowd gathered until the police were called to clear a way for traffic. At 10 the Union National, with a capital of $1,000,000, posted a notice that they would not open their doors. This started a panic, and following quickly the Commercial National posted a similar notice, and then the National Bank of Commerce A run was immediately started on all the other banks, although to no great extent upon the Peoples' National. The First National appears in unexceptionable conditon, having over sixty per cent of its deposits on hand, with a private fund of a million and a half in addition to draw upon, making it impossible to close their doors. The Colorado National and several others are equally good. The mob wthdrawing money are all small depositors. The banks are paying all demands except time certificates, der manding that these remain until the expiration of their time. President J. A. Thatcher, of the clearing house, says: "I am confident today will see the worst of this, and that the people will come to their senses." Denver, July 18.-The Mercantile Bank, a private institution, with a capital of $100,000, failed at noon. The failure was caused by that of the Union National, through which it cleared. Denver, Col., July 18.-The Union National Bank has closed. It has a capital of a million dollars. No statement has been made as yet. A run is now being made on the City National, German National, First National, Colorado, National, and all of the eleven clearing house banks. A veritable panic is on. Denver, July 18-The Commercial National Bank has closed its doors. Denver, July 18.-The National Bank of Commerce has closed. Topeka, July 18.-State Bank Eyaminer Briedenthal this morning received notice of the failure of the Citizens' Bank at Kansas City, Kas., the Bank of Richmond and the Farmers' and Merchants' Bank of Ossawattomie. The concerns are all sma.1. No statements have been male. Other similar failures throughout the state are expected Fort Scott, Kan., July 18.-The First National Bank, the oldest financial institution in this part cf the State, has failed. Toledo, Ohio, July 18.-The Citizens' Bank of Ada, the mose prominent bank in Hardin county, failed this morning. No statement hss as yet been made.

6. July 19, 1893 The Madison Daily Leader Madison, SD
Article from The Madison Daily Leader, July 19, 1893

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Suspension at Fort Scott. FORT SCOTT, Kan., July 19.-The First National bank of, this city, the oldest financial institution in Southeastern Kansas, has suspended payment.

7. July 19, 1893 New-York Tribune New York, NY
Article from New-York Tribune, July 19, 1893

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OTHER BANKS FORCED TO SUSPEND. Fort Scott. Kan., July 18.-The First National Bank of this city failed to open for business this morning. The following notice posted in the windows was the first intimation the public had of the financial condition of the bank: "Owing to the steady withdrawal of deposits, and our inability to collect assets, age deem it to the best interests of all concerned that this bank be temporarily closed. Assets are more than three times the liabilities." The First National was established in 1871, and was the oldest and largest National Bank in South-

8. July 19, 1893 Rock Island Daily Argus Rock Island, IL
Article from Rock Island Daily Argus, July 19, 1893

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SOME MORE FAILURES IN KANSAS. First National at Fort Scott Fails to Open -Others Reported. FORT SCOTT, Kan., July 19.-The First National bank of this city has failed to open its doors for business and the first intimation any one had of the financial condition of the bank was when the following notice was put up on the front door at 9 o'clock: "Owing to steady withdrawats of deposits and our inability to collect assets, we deem it to the best interest of all concerned that this bank be temporarily closed. Assets are more than three times liabilities and depositors will lose nothing. By order of directors." The First National was established in 1871 and was the oldest and largest national bank in southeastern Kansas, It had a capital of $300,000, fully paid up and had always stood all runs, TOPEKA, Kan., July 19.-State Bank Commissioner Breidenthal has received notice of the failures of the Bank of Richmond and of the Farmers' and Merchants' bank of Osawatomies and has gone there. A Suspended Bank That Will Not Resume. CHICAGO. July -The Chemical National bank reorganizing committee has made a report to the stockholders and creditors of that institution against the reorganization of the bank. The committee, after careful consideration, has come to the conclusion that at this time further efforts at resumption are useless.

9. July 19, 1893 San Antonio Daily Light San Antonio, TX
Article from San Antonio Daily Light, July 19, 1893

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LATE TELEGRAMS BOILED DOWN FROM PRIVATE SPECIAL AND OTHER SOURCES. U.S. court at Austin adjourns. Ex-Governor Stone, of Iowa, is dead. Mobile Register company assigns. France presents its ultimatum to Siam. Four persons killed by lightning in Kentucky. Drouth in Austria cuts grain crops severely. Heavy rains break the drouth in Sonora, Mexico. Revenue cutter Rush seizes two stealing sealers. No more trouble in Kansas City financial circles. Several sealed bids received for Austin dam bonds. Henry Purnell is improving rapidly at the asylum. Heavy orders placed by Mexico for American wheat. Day, of the Driskill, Austin, rasps the dam board. Twelve men drowned by boat capsizing on the Danube. Wind, rain and hail do $500,000 damage in Cedar Co., Neb. More trouble effected at the Litchfield, Ks., coal mines. Two men killed at Fairbault, Minn., a Lancaster by switching Brothers train. give bond at San Marcos and are released. Michal Twohey aged 10, drowned by four Chicago street arabs. Thirty buildings destroyed in the London fire; loss $7,225,000. no as There the is missionaries rising, reported, against in Corea. Sam rich, Rosa, suicides of Philadelphia, parents at Houston Miss Coulson, aged 18, missing from Orphans' home, Texarkana. sworn in as ernor MexiGeneral of the Rincon Federal district, govco. Fermented liquors pay the same import duties into Mexico as distilled. Two Denver savings banks added to the list of failures reported yesterday. Manuel Flores shot by horse thieves at Sour Springs, Wilson county. Call issued for International Reciprocity convention at Duluth Oct. 10. Pugilistic Corbett's performance stopped on the World's fair grounds. Injunction refused at Austin lunatic asylum against on matter of sewers. Taylor & Co., general merchants, Elgin, assign, with $12,000 debts and assets. suicides InLopes McGaugh at dianapolis after murdering his wife's sister. China refuses to pay indemnity for the murder of the Swedish missionaries. Limestone pays 3 cents duty per 100 kilos, entering the Mexican federal district. Reports of Loans to government by clergy are Mexican denounced as lies. Henry Gooden shot with adidn't-know-at-was-loaded gun, near Fort Worth. Amoskeog mills, Mass., close down for August. The monthly pay roll is $225.000. German financers meet 6th to means of discuss meeting August outlay of army bill. the of the to Siam French acknowledges claims indemnity justice for losses to French citizens. Jones, of Nevada, says he can tie up the senate against silver repeal till congress adjourns. Judge Jenkins, U.S. court, Milas will not waukee, Plankington indicted bank, director resign. of the Race troubles in Missouri, over just the brewing Arkansas line; negroes ordered to leave arm themselves. First National of Fort Scott under; aud a run on the ings is staved off 30 goes bank by the savdays'notice. kong unless France river, will Siam, blockade the repara- Metion is made for the murder of In-

10. July 20, 1893 Echo De L'ouest Minneapolis, MN
Article from Echo De L'ouest, July 20, 1893

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Faillites de Banques et antres depuis quelques jours -Le Schleisinger Syndicate de Nigaumee, Mich, representant des millions de dollars de capital allemand a fait faillite. Les pertes des créanciers seront énormes. W.H. Rush et H, M. Tabor de Denver, Col., ont deposé leur bilan. Passif 650000 dollare. La Bank of Springfield, Mo, a fermée ses portes. C'est la premiè re fois qu'une banque fait faillite dans la ville. Passif 256,000 dollare. Fermée est la Bank of Garnet, Kan. Les déposants perdront énormé ment et le comté 23,000 dollare que le tréforier y avait déposés. Trois faillites de banques de New-York, celles de MM. C. H. Bunell, celle de M. H. S. Tober et enfin celle de M. W. Barrow. La Philadelphia Mutual Life Insurance Company de Harris burg, Pa., et la Keyatone Benefit Association de Beaver Falls, Pa., sont insolvables. O. E. Nettleton banquier de Deeham, Mass., a dépost son bilan. Le "Universal Order of Coope ration" de Philad-lphie va être mis entre les mains d'nn syndic. Harris Bros de New York ont suspendu leurs paiements. Passif 100,000 dollars. La N W Jersey Sheep & Wool Company de Trenton N. Y. a fermé ses portes. En faillite auesi dans le Kansas La "Bank of Balter and Double Bay de Columbus" la "City Bank" de Johnson City, et la "Book of Weir City" La Peoples Savings Bank de Denver, Col., a ferme see portee. Passif 350,000 dollare. La Rocky Mountain Dime et Dollar Bank de la même ville a suspendu ees paiements. Il en est de même de la Colorado Savings Bank. La Missouri National Bank et la Grande Avenue Bank de Kan888 City ont fait faillite. Passif 250,000 dollars. Et la liste eat loin d'être épuisée. Enfin les banques "Union National," "Commercial National," "National Bank of Commerce" et "Mercautiie Bank" de Denver, Col., ont aussi sombré. Il en est de même de la "Citizen's Bank" de Kansas City, de la "Bank of Richmond" et de la "Farmers et Merchants Bank" de Oaawatomie, Kan., ainsi que de la "First National Bank" de Fort Scott et de la "Armourdale CitiZons Bind," Kansas. On va bien sous le régime démocratique.

11. July 20, 1893 Delaware Gazette and State Journal Wilmington, DE
Article from Delaware Gazette and State Journal, July 20, 1893

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FINANCIAL TROUBLES. KANSAS CITY, Mo., July 17.-The Bank of Grand Avenue and the Missouri National Bank have suspended payment at noon to-day. DENVER, CoL., July 17.-The Peoples Savings, the Rocky Mountain Dime and Dollar, and the Colorado Savings Banks failed to open their doors for business this morning. The assets of the People's Savings Bank are $1,500,000; $1,350,000. President Lawrence of the Peoples' National Bank says the failure of the savings institution in no way affect the People's National Bank. DENVER, CoL., July 18.-The Union National Bank, of which R.W. Woodbury is president. failed to open its doors this morning. The capital is $1,000,000. No statement can be had. A run is now being made on the City National, German National, First National, Colorado National and all the Clearing House banks. The panic is on. The Commercial National Bank has closed its doors. A notice says: "This bank has gone into liquidation, by order of the board of directors." The National Bank of Commerce has closed its doors. Ex-Governor Job A. Cooper is president of this bank. ANACORTES, Wash., July 18.-The Bank of Anacortes failed to open its doors, yes. terday, owing to inability to realize on securities. Liabilities, $29,000; assets, $78,000. Depositors will be paid in full. INDIANAPOLIS, IND., July 18.-George K. Schofield, for many years a dealer in horses, mules and buggies, made an as signment yesterday, for the benefit of creditors. The assets are estimated at $30,000 and the liabilities at $40,000. LIMA, O., July 18.-Conrad Betzer, Jr., furniture dealer, made an assignment yes terday. It is thought the assets will largely exceed the liabilities. SHELBYVILLE, ILL., July 18.-As a result of the recent Thornton bank failure Nancy M., W. N., and John D. Steward son, extensive farmers and stock raisers S have assigned to W. E. Walker. Liabili ties, about $30,000; assets, $25,000. FORT ScoTT, KAS., July 18.-The First National Bank of this city, the oldes financial institution in Southeastern Kan sas, has suspended payment. TOLEDO, OHIO. July 18.-The Citizen Bank of Ada, the most prominent one in Hardin county, failed to open its door this morning. Its owner, Peter Ahlfeld f has controlled it for over a quarter of century, and is one of the wealthiest mei of that section. No statement of assets and liabilities or the cause of the failure can be obtained. CINCINNATI, O., July 18.-Mrs. Mary S Anna Kauffmann, widow and executri of the late John Kauffmann, made a per sonal assignment late last evening. Lia d bilities $100,000; assets much greater. Sh owns a large portion of the Kauffman: brewery, which went into assignment las Friday. DENVER, CoL., July 18.-The McNamar e Dry Goods Company, one of the larges houses in the west, was closed on attach f ment this morning. They will probably make a general assignment. n DENVER, Col., July 19.-The following notice was posted on the doors of the Stat National Bank, this morning: e "This bank will not be opened for busi ness this morning. Depositors will be pai in full." At the hour of opening for bankin business crowds had assembled at the dif ferent banks, but there did not appear t be the same excitemedt among the de positors as existed yesterday. n STILL ANOTHER-EXCITEMENT INCREASING. e The doors of the German National Ban were not opened for business at 10 o'cloc this morning. No notice has been poste on the doors, but it is believed that it ha suspended payment. e The excitement is rapidly increasing an runs are threatened on other banks. FAILED WITH $40,000 COUNTY FUNDS. ARMOUR, KAN., July 19.-The Citizen Bank suspended payment, yesterday, wit assets of $151,500, and liabilities o $126,500. State Bank Commissione Breidenthal took possession of th h bank. Among the heavy creditors of th bank is the county of Wyandotte, whic had on deposit some $40,000 of its funds. ANOTHER KANSAS BANK FAILURE. WASHINGTON. D. C., July 19.-The Com) troller of currency has been advised the the Hutchinson National Bank, Hutchir son, Kansas, closed its doors to busines this morning.

12. July 21, 1893 The Great West Saint Paul, MN
Article from The Great West, July 21, 1893

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Failures. About 200 banks and commercial houses failed this week. Three banks in Denver failed the same day-Monday. They were the Peoples Savings, the Colorado Savings, and the Rocky Mountain Savings. The largest iron concern in the world went over, the great Schlesinger interest. Cotton mills with a pay roll of $225,000 per week, have shut down in New England. Stock exchange is down, down, down. Firms fail every day. London is crippled almost every hour by failures on Change. Persistent rumors of railways going into the hands of receivers are on dit Wednesday. The failures in Denver are extraordinary-half a dozen large banksthe largest dry goods house, etc. The Union National had a capital of five millions! Eleven banks are on the run! The 1st National of Fort Scott has gone under. As nearly as can be understood from reports, one thousand firms have gone under the past week, and the outlook is extremely discouraging.

13. July 22, 1893 The Irish Standard Minneapolis, Saint Paul, MN
Article from The Irish Standard, July 22, 1893

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MANY BANKS FAIL. Four in the City of Denver Forced to Close Their Doors. Anxious Depositors Crowd the Streets-Mercantile Houses Pulled Down-Seve al Kansas Banks in Trouble-Failures at Other Places. BAD DAY FOR BANKS. DENVER, Col., July 19.-No such scene was ever witnessed in all the west as could be seen here Tuesday morning shortly after 10 o'clock, when the banks were supposed to open their doors for business The failure of three savings banks Tuesday had excited the masses and the streets were crowded with anxious depositors. The eleven clearing-house banks, located within four blocks of each other, were surrounded, and far into the streets the crowd gathered until officers and special police were called out to clear the way for traffic. STARTED THE RUN. The Union national, with a capital of $1,000,000, posted a notice that they would not open their doors. This started the panic, and, following quickly, the Commercial national posted a similar notice and then the National bank of commerce. The Commercial national bank closed its doors within a few minutes after opening, for it became apparent from the size of the crowd in front of the bank that a run was to be inaugurated. The bank was in bad shape. It has a capital stock of $250,000 and only had $2,000 in cash in the bank. The Mercantile bank, a private institution, with a capital stock of $100,000, closed its doors at noon. The failure was caused by the failure of the Union national bank, through which it cleared. BUSINESS HOUSES CLOSED. The McNamara Dry Goods company, one of the largest institutions of the kind, failed Tuesday morning. The liabilities are placed at $260,000. The failure was brought on by an attach ment served at 1 o'clock Tuesday morning by the Union national bank, which failed to open its doors, for $71,780, and the Colorado national for $20,847. Following the failure of the big McNamara dry goods house several other mercantile failures were quickly announced. One was the John Mouat Lumber company on an attachment from the German national bank for $155,200. Albert Nelson's restaurant and saloon went down with the National bank of commerce. His assets are placed at $111,510. with liabilities of $96,725. M. S. Noah. installment furniture house. Assets, $40,000: liabilities, $16,000. Three other firms with liabilities of $20,000 each were announced as having failed Tuesday afternoon. They were all caused by the bank panic. TROUBLE IN KANSAS. TOPEKA, Kan., July 19.-State Bank Commissioner Breidenthal was notified Tuesday afternoon of the failure of the Citizens' bank of Kansas City, Kan.; the Citizens' bank of Armourdale, the Bank of Richmond, Franklin county, and the Farmers' and Merchants' bank of Osawatomie. All of the banks were doing a small business. FORT SCOTT, Kan., July 19.-The First national bank of this city failed to open for business Tuesday morning, owing to steady withdrawal of deposits and inability to collect assets. The officers claim that the bank's assets are more than three times its liabilities and depositors will lose nothing. QUIET AT KANSAS CITY. KANSAS CITY, Mo., July 19.-The impression prevails that the recent financial flurry is at an end. All was quiet on Tuesday. The banks in Kansas City which have failed are: The National bank of Kansas City, the Missouri national bank, the Kansas City Safe deposit and savings bank and the Bank of Grand Avenue, the latter being a state bank. COUNTRY BANKS SUSPEND. TOPEKA, Kan., July 18.-State Bank Commissioner Breiden thal was on Monday notified of the suspension of six state and private banks in Kansas, all due to the suspension of Kansas City banks in which they had deposits. The banks reported are the Bank of Johnson City the Bank of Weir City, Hood & Kincaid's private bank of Pleasonton, Caney valley bank of Caney, Ritter & Doubleday's private bank of Columbus and the Bank of Meade of Meade Center. Robbed of a Big Sum. NASHVILLE, Tenn., July 18.-W. H. Wallace, a prominent citizen of Lebanon, Tenn., who had been to St. Louis, the

14. July 27, 1893 The Middleburgh Post Middleburg, PA
Article from The Middleburgh Post, July 27, 1893

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Financial and Commercial. ADA, O.-The Citizens' Bank the most prominent in Hardin county, has failed. MADISON. Isp.-The Carrollton Woolen Mill Co., has assigned with liabilities of $7.000. The Nashville, Chattanooga and St. Louis Railway Company has declared a dividend of 14 per cent., payable August 1. The McNamara Dry Goods Company, of Chicago has suspended. It was among the largest houses of its kind in the West. POMONA, CAL-The People's Bank has re. opened with plenty of coin. Only #4 were drawn out the first hour, Deposits were liberal. PARKER, KAN.-The State Bank has failed. STERLIN, CoL-The Bank of Sterlin has assigned. BUZEMAN, Mosr -The Bozeman National Bank has closed. YATES CENTER, KAN.-The Woodson State Bank has'suspended. HUTCHINSON, KAN.-The Hutchinson National Bank has closed its doors. ASPEN. CoL-The J. B. Wheeler Banking Company and the Pioneer Bank have failed OKLAHOMA City-The Bank of Oklahoma City and the Oklahoma National Bank have succumbed to runs and failed. FORT SCOTT, KAN.-The First National Bank the oldest financial institution in Southeastern Kansas suspended payment. ASHLAND, KY.-The Second National Bank which suspended three weeks ago. resumed business Thursday. CHICAGO.-The Chemical National bank will not resume business. The reasons given are the stringency of the money marketand the inability of some stockholders to meet the assessments which would be levied up. on them if the bank resumed. KANSAS CITY, KAN.-The Citizens bank, the Bank of Richmond and the Farmers and Merchants bank at Ossawattomie, also of Kansas, all private institutions, closed their doors. HAREISONVILLE, Mo.-The First National Bank of Harrisonville, suspended payment and is in the hands of the Comptroller of the Currency, NASHUA, N. H.-The Security Trust Comrany closed its doors. It promises to pay depositors in full. ANTHONY. KAS.-The First National Bank and the First National Bank of Calago City, Col., have suspended. THE Bank of Bellville, Republic county, Kan., a private institution with $20,000 capital, has failed. NATIONAL bank examiners have recommended to the Comptroller that the First National Ban 1 of San Bernardino, Cal., which recently failed. be allowed to reopen at once, its affairs being in good condition. New YORK-Charles M. Preston, state bank examiner, reports the banks of this state to be in a good condition generally and be anticipates no failures.

15. July 27, 1893 Barton County Democrat Great Bend, KS
Article from Barton County Democrat, July 27, 1893

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KANSAS STATE NEWS. Wichita is about to proceed against physicians who failed to observe the rules of the board of health. All the firemen of Salina have resigned because one of the papers scored them for their conduct July 4. Claude Stewart, a convict in the penitentiary, made his escape the other day. He had only about eight months to serve. Six Kansas banks, located at as many towns, failed on the 17th as a result of the suspension of the Kansas City National bank. The financial flurry resulted in the suspension of the Northrup bank at Kansas City, Kan., and also the Armourdale bank. "Miss Jones," who wrote that silly letter to Chief Justice Horton, is pronounced by a private letter received at Topeka to be a lunatic. Among the banks carried down by the late storm were the First national and the People's savings at Fort Scott. A run on the other banks, however, was promptly met. Albert May, a tough character, was detected in the act of breaking into a store at Leavenworth the other night and captured by a citizen who brought him to time with a revolver. Twenty-one military convicts from Fort Sully,1 were recently brought to Fort Leavenworth and placed in the military prison. Most of them were sent in for desertion and theirsentences range from one to five years. A dispatch received at Leavenworth a few days ago stated that the board of managers of soldiers' homes had exonerated Gov. A. J. Smith, of the home at Leavenworth, and recommended the removal of Surgeon J. L. Weaver. A. L. Davis, an express messenger on the Santa Fe, was killed the other morning at Hunnewell. He was leaning out of the car too far and was struck on the head by a coal chute, which threw him under the moving train. Joseph Ebler was terribly mutilated with a razor while stupified by liquor, at his home in Kansas City, Kan., the other night and bled to death. His wife is under arrest charged with the crime. Ebler was 30 years of age and his wife 49. The state board of railroad commissioners has concluded the hearing of testimony in the case of the city of Wichita against the railroad companies centering there. The board has fixed August 10 as the day for hearing final arguments in the case. Attorney-General Little stated recently that his attention had been called to the fact that railroad companies were operating coal mines in violation of their charters, and that he proposed to institute an investigation with a view of forcing a forfeiture of the charters of such companies as are engaged in the coal business. The attorney-general has directed Secretary of State Osborn not to charter any more "bond investment" companies. Several of these concerns are already in operation. They promise to make people rich in a short time, but people who have investigated their manner of doing business claim they cannot do what they promise. During the financial flurry J. D. Carter, a stockman, drew his balance, amounting to over $700, from one of the banks at Wichita. Taking his money home in the country, he deposited it in a fruit jar, and this he hid in a strawstack in his corral. A few nights later the stack was struck by lightning and the money went up in smoke. Horace Rennie, of Springfield, Mo., died suddenly about 2 o'elock the other morning at a hotel in Wichita. He ararrived on a visit the day before and in the evening retired in apparent good health. Just before his death he awoke his wife and said he was ill, and a few minutes later died. A post mortem examination showed that death resulted from organic heart disease. The state campaign on behalf of the equal suffrage amendment to the constitution will be inaugurated at Kansas City, Kan., on the 29th and 30th of September, under the auspices of the woman's rights association. The various committees of the association will continue the campaign vigorously from that date until the November election, and will have the assistance of the most noted suffragists in the United States. Warden Chase, of the penitentiary, has completed a report of the habits and inclinations of the inmates of that institution, which shows some queer facts. There are more country boys than town boys. They are divided thus: City, 270; town, 157; country, 281. Profanity is common among 538 of the convicts, while 170 do not swear. Seven hundred and six want to reform and one says he does not. Three hundred and fifty-six say they were led to crime through drink. Tobacco is used by 603 of the men there, while 104 neither smoke nor chew. In marked contrast to Buffalo Bill's wild west show at Chicago is an exhibit from the United States Indian school World's

16. August 3, 1893 Phillipsburg Herald Phillipsburg, KS
Article from Phillipsburg Herald, August 3, 1893

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KANSAS STATE NEWS. The Crystal salt company of Kingman has closed its works and allowed the mine to fill with water. A Fort Scott firm has already sold 600 cars of hay for delivery this fall and ex pects to dispose of as much more. At Columbus Charles Myrtle, in charge of the omnibus lines and the mail to and from the depots was caught by Marshal Atchison while rifling the cash drawer in the postoffice. Various small sums have been missed for about a week and Myrtle had been suspected. He will be turned over to the United States authorities. Superintendent W. E. Parkinson, of the Parkinson sugar works at Fort Scott, announces that the institution will begin this season's operation about the middle of August. The cane crop will be larger than ever before. The machinery is now being put in condition, and the yield of sugar is expected to exceed that of any previous season. Topeka Journal: Will Kent, a member of the street commissioner's force, made a record for himself. After he was through work for the day he went seven miles into the country to see his best girl. He was married there, and returned to Topeka bringing his household goods with him that night. The next morning he reported to work, without having lost an hour by the nuptials. Edward Shaw, a 17-year-old boy, died at Effingham, Atchison county, from the effects of an accident. The boy was engaged in repairing the roof of his father's hardware store, when he slipped and fell a distance of twenty feet, alightting upon the iron shaft of a pump, which was driven through his body. After the accident he started to walk home, but fell before he reached the house. His remains were taken to Beloit, Kan., where he formerly resided, for burial. Lawrence Jeffersonian: The old Judge Wakefield farm, on which was built the first good house in Douglass county and planted the first orchard, was sold lately for $20 per acre. Judge Wakefield settled on this place early in June, 1854, and built a large house which was burned with all its contents by the border ruffians September 1st, 1856, soon after which the Judge erected the present stone dwelling, which was headquarters for the free state men in the early days. Topeka Journal: Mrs. Emma D. Pack, supervisor at the insane asylum and editor of the Farmer's Wife, started from the asylum with her horse and surrey. About twenty rods from the asyInm barn two of the wheels, one front wheel and the opposite hind wheel came off, throwing her out and bruising her quite badly but not seriously. The burrs had been removed by some one connected with the asylum. Dr. Eastman, the superintendent, is doing all he can to find the guilty parties. The First National bank of Fort Scott the oldest banking institution in southeastern Kansas, has suspended payment. The following notice was posted in the windows: "Owing to a steady withdrawal of deposits and our inability to collect our assets, we deem it to be for the best interests of all concerned that this bank be temporarily closed. The assets are more than three times the amount of the liabilities, and depositors will lose nothing." The failure had no immediate effect upon the other banks. Kinsley Mercury: The storm caused considerable damage both in town and north of here. Jake Schmidt's large barn was partly unroofed. J. K. Miller's barn was broken in two, and whileit is yet standing it is in an unsafe condition. His cow stable and corral was entirely destroyed, and his windmill a new one was broken off at the top. One thousand dollars will not repair the damage he suffered. It is reported that Geo. Matheny's barn was blown to fragments and several other buildings were more or less injured. Jewell City Republican: Mr. and Mrs. Ed Weno's little girls, Edna and Ada, were playing in the grove near the house, and Will Glover's little boy was with them. The children were having a good time, when the Glover boy in sport picked up a common puff ball and while Ada was laughing he puffed it into her mouth. Thechild choked and strangled until she fell over and was carried to the well by her sister. The poisionous dust was deeply inhaled as she coughed continuously from that time until Sunday morning when she died. She would have been five years old on her next birthday. South Haven letter: Charles Walden a stock dealer, while under temporary mental aberration resulting from sickness wandered away from home scantily attired and in his stockingfeet. He was missed shortly after and searching parties wereorganized immediately to scour the country for the missing man. The search was continued throughout the entire night but without avail. The next morning the parties again went out in all directions, some of them even

17. August 11, 1893 New-York Tribune New York, NY
Article from New-York Tribune, August 11, 1893

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BANKS AND BANKERS IN TROUBLE. Leroy, N. Y., Aug. 10.-Frank C. Lathrop's bank has closed its doors. He has made an assignment to James Kinny. He says that all depositors will be paid in full and ascribes the failure to the tightness of the money market. Ebensburg, Penn., Aug. 10.-The banking firm of Johnston Buck & Co., of this place, conducting banks at Ebensburg, Carrolltown and Hastings, closed their doors at noon to day and placed the following notice at the entrance: "We have assets in excess of our liabilities, 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 payments for the present." The bank will resume business as soon as the financial panic subsides. Chicago, Aug. 10.-The South Side State Bank passed into the hands of a receiver yesterday afternoon. The bank has been doing business since June 1. The capital stock was placed 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. Kingston, Mo., Aug. 10.-The Caldwell County Bank at this place and the Exchange Bank of Polo closed their doors yesterday morning. Both banks are owned by John D. Cox. There is no run on other banks. Kansas City, Mo., Aug. 10.-The First National Bank of Fort Scott, Kan., the oldest bank in Kansas, which suspended recently, will resume next Menday in better shape than ever. Woodstock, III., Ang. 10.-G. H. Hallock, of Munda, whose bank closed its doors a week ago, was bound over to the Grand Jury yesterday on the charge of receiving deposits after insolvency.

18. August 16, 1893 Fort Worth Gazette Fort Worth, TX
Article from Fort Worth Gazette, August 16, 1893

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WILL RESUME. FORT SCOTT, Kan., Aug. 15.-The First National bank, which suspended on July 18, will resume business in the morning.

19. August 17, 1893 New-York Tribune New York, NY
Article from New-York Tribune, August 17, 1893

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SUSPENDED BANKS RESUME BUSINESS. Washington, Aug. 16.-The First National Bank of Rico, Col., which suspended payment on June 30, 1833, having complied with the conditions imposed by the Controller of the Currency, and its capital stock being unimpaired, was to-day permitted to reopen its doors for business. Kansas City, Mo., Aug. 16.-The Armourdale Bank, at Armourdale. which suspended business in the financial crash in the two Kansas Cities one month ago, yesterday reopened Its doors and resumed busines Fort Scott, Kan., Aug. 16.-The First National Bank of this city, which suspended on July 18, resumed business this morning. Bank Examiner Latimer, of Sedalia, who has been in charge since 10

20. August 17, 1893 The Austin Weekly Statesman Austin, TX
Article from The Austin Weekly Statesman, August 17, 1893

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Another Bank Reopens. FORT SCOTT, Kans., Aug. 15.-The First National bank, which suspended July 18, will resume business in the morning.

21. August 17, 1893 The Middleburgh Post Middleburg, PA
Article from The Middleburgh Post, August 17, 1893

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Financial and Commercial. The Bank of Wellsburg at Wellsburg, W. Va., closed its doors. The assets are $300,000, with liabilities said to be not over hat that amount. The First national bank of Nashville, Tenn., suspended. It claims assets o $3,047,983. The City savings bank also suspended. The Bank of Colfax, at Colfax, Wash., suspended. The Commercial Bank of Minneapotis, Minn., suspended. New Orleans savings banks will require from depositors 60 days' notice of intended withdrawais. There was a run on the Germania savings bank on Tuesday. The Caldwell County bank of Kingston, Mo., and the Exchange bank of Polo, Mo., have closed their doors. The First Na ional Bank of Fort Scott, Kansas, the oldest bank in Kansas, which suspended recently has resumed. The American National Bank, Nashville, Tenn., has suspended payment. The Safe Deposit Trust and Banking Company has suspended temporarily. The Hamilton county state bank. Web ster City, Ia., one of the oldest and best banks in Iowa closed its doors on account 01 inability to realize on assets.

22. August 23, 1893 The Star Reynoldsville, PA
Article from The Star, August 23, 1893

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BANKS RESUMING. One in Kansas and Another in Missouri Start Again. The Armourdale bank at Armourdale, Kansas City, which suspended one month ago resumed business. There wasa positive scramble to deposit. The First National bank of Fort Scott, Kan., which suspended on July. 18, has resumed business.

23. August 24, 1893 The Worthington Advance Worthington, MN
Article from The Worthington Advance, August 24, 1893

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WEST AND SOUTH. MASKED men boarded a New Orleans Pacific train at Mansfield Junction, La, and relieved the passengers of their valuables. AUDITOR ACKERMAN shows in his official report that the world's fair directory up to the 1st inst. expended for construction and administration $22,182,423.92. It still. had outstanding liabilities of $1,190,462.32, besides $4,444,500 of debenture bonds. The total gate receipts to date were $3,447,037.51, and from concessions, $1, 178.546.92. THE First national bank of Fort Scott, Kan., and the Armourdale bank at Armourdale, Kan., which suspended recently, have resumed business. AT Goodland, Kan., a hailstorm wrecked several buildings and fatally injured a man named Wood and his two sons. IN St. Paul C. O. Rice & Co., dealers in carpets and wall paper, made an assignment with liabilities of $112,000. FLAMES destroyed the Tubbs hotel at East Oakland, Cal, the loss being $200,000. IN Denver the Crescent flour mills and elevator were destroyed by fire and one fireman was injured and $250,000 loss was inflicted. IN convention in Des Moines the Iowa republicans nominated Frank D. Jackson, of Des Moines, for governor: W. S. Dungan, of Chariton, for lieutenant governor; G. S. Robinson, of Storm Lake. for supreme judge; J. W, Luke, of Hampton, for railroad cómmissioner, and Henry Sabin, of Des Moines, for superintendent of public instruction. The platform approves the administration of Benjamin Harrison; favors maintaining both gold and silver as unlimited legal tender for the payment of debt, every dollar to be of equal value; opposes state bank money; says the pension system now in practice is a menace to the honor of the brave and deserving national defenders, and doclares in favor of local option.

24. August 24, 1893 Warren Sheaf Warren, MN
Article from Warren Sheaf, August 24, 1893

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WEST AND SOUTH. MASKED men boarded a New Orleans Pacific train at Mansfield Junction, La., and relieved the passengers of their valuables. AUDITOR ACKERMAN shows in his official report that the world's fair directory up to the 1st inst. expended for construction and administration $22,182,423.92. It still had outstanding liabilities of $1,190,462.32, besides $4,444,500 of debenture bonds. The total gate receipts to date were $3,447,037.51, and from concessions, $1,178,546.92. THE First national bank of Fort Scott, Kan., and the Armourdale bank at Armourdale, Kan., which suspended recently, have resumed business. AT Goodland, Kan., a hailstorm wrecked several buildings and fatally injured a man named Wood and his two sons. IN St. Paul C. O. Rice & Co., dealers in carpets and wall paper, made an assignment with liabilities of $112,000. FLAMES destroyed the Tubbs hotel at East Oakland, Cal, the loss being $200,000. IN Denver the Crescent flour mills and elevator were destroyed by fire and one fireman was injured and $250,000 loss was inflicted. IN convention in Des Moines the Iowa republicans nominated Frank D. Jackson, of Des Moines, for governor; W. S. Dungan, of Chariton, for lieutenant governor; G. S. Robinson, of Storm Lake. for supreme- judge; J. W. Luke, of Hampton, for railroad commissioner, and Henry Sabin, of Des Moines, for superintendent of public instruction. The platform approves the administration of Benjamin Harrison; favors maintaining both gold and silver as unlimited legal tender for the payment of debt, every dollar to be of equal value; opposes state bank money; says the pension system now in practice is a menace to the honor of the brave and deserving national defenders, and declares in favor of local option.