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FORCED TO GO TO THE WALL. The Ritzingers' Banking House Compelled to Succumb to the Inevitable. The Brothers Make an Assignment for the Benefit of Their Creditors, and the Bank Will Not Be Reopened. The placard on the glass door of Ritzinger's bank, bearing the legend "Bank, Closed," will not be reversed this morning. The bank has suspended. To use the exact language of Mr. Frank Ritzinger, "It has been talked to death." For several days rumors have been current to the effect that it was in unfavorable condition, but there was apparently no tangible proof in substantiation of them. The talk and gossip of the street, however, had the effect to excite the fears of their depositors, and a quiet but steady run was inaugurated, which had the dual effect of causing the withholding of deposits, and to cause a steady drain, which resulted in seriously impairing the bank's condition. On Saturday two of the other city banks extended assistance which they considered ample, without a request for it on the part of the embarrassed firm, but the partners seeing the turn affairs were apparently bound to take, concluded to ask no further aid and succumbed to the inevitable, makiug an assignment for the benefit of their creditors and naming George Yandes as the assignee. Work was immediately begun upon the preparation of a schedule of assets and liabilities, which, however, has not yet been footed up. The exact amount of either is, therefore, not known at present, although it is confidently asserted by those in position to speak with a full knowledge of the situation that the depositors will eventually recoive dollar for dollar on their claims. The failure of the bank is attributable to losses sustained as the direct result of the panic of 1873, and the business complications growing out of it Ritzinger's was one of a few of the city banks that became heavily encumbered with real estate as the result of the countless failures of that dis astrous epoch, and careful management has failed to disentangle it from the troubles into which it was then forced [Added to this, the firm lost money by the more recent failures of several local firms which it had been carrying heavily, and the two combined to make it short of funds, or convertible assets. Its depositors are largely among the Germans, and a class of people who, having little to lose, become easily alarmed, and the drain to which it has been subjected was of much larger proportions than had been regarded remotely probable or even possible. But, once fairly started, the talk of the streets spread as it invariably does in such cases, with the rapidity of thought and the stories became the staple of conversation in all quarters. While there have been no large crowds surrounding the bank's doors, clamoring for their inoney, the fact remains that nearly every man who has visited it during the past ten days has done so for but one purpose, and that the withdrawal of his money. The result of all this is shown in the announcement of the bank's suspension. The rumors, doubtless, had their origin in the announcement of the failure of Simon Bunte, wholesale liquor-dealer, of whom it was said the Ritzinger's were his financial backers, and had suffered serious loss by his failure. While it is no doubt true that the bank had be come involved to such an extent that its ulti. mate suspension was possibly necessary, its closing at this time is certainly the direct result of street talk. The idea that this establishment had any connection, direct or indirect, with any other Indianapolis bank is totally incorrect, and no other is at all involved in its failure. It was a partnership concern, and was owned exclusively by the brothers Ritzinger, Frank and August. The assets consist largely of real estate in Marion county, most of it of preferred quality. The Messrs. Ritzinger were seen last night by a Journal reporter, in company with their attorneys, Dunean, Smith & Wilson. In reply to the reporter's in quiry Mr. Frank Ritzinger said, impressively. "We have been talked to death. We have done what we regarded, after mature reflection, as the best and only thing possible for us to do under the circumstances, in order to protect the interests of our depositors and creditors. I have no statement to make at present concerning the matter." A prominent banker was called upon by the reporter, and asked for his opinion of the effect of the failure upon the other banks. "It may precipitate something of a run, and doubtless will cause some excitement," said he, "but if the people are calmly deliberate and conservative no further disasters are to be apprehended. The bank bad no connection with any of the similar institutions of the kind in the city, and to the best of my knowledge they are prepared and equipped for any possible emergency. This bank was one of several, notably Fletcher & Sharpe's that became too heavily loaded with