6307. Second National Bank (Ashland, KY)

View Charter #3944 on SPMC

Bank Information

Episode Type
Suspension → Reopening
Bank Type
national
Bank ID
3944
Charter Number
3944
Start Date
June 27, 1893
Location
Ashland, Kentucky (38.478, -82.638)

Metadata

Model
gpt-5-mini
Short Digest
0a6db60f18baf93c

Response Measures

None

Description

The articles consistently report the Second National Bank of Ashland, KY, closed its doors / suspended on June 27, 1893 because it was solvent but unable to realize on good paper amid tight money. Comptroller authorization and multiple reports in mid-July 1893 state the bank was permitted to resume business (resumed by July 19, 1893). No article describes a depositor run prior to suspension.

Events (3)
1. December 7, 1888 Chartered
Source
historical_nic
2. June 27, 1893 Suspension
Cause
Macro News
Cause Details
Unable to realize on first-class paper due to tight money/stringency in the money market; bank solvent but forced to suspend payments.
Newspaper Excerpt
The Second National Bank, of this place, closed its doors this morning. It is solvent, but was forced to suspend because of inability to realize on good paper.
Source
newspapers
3. July 19, 1893 Reopening
Newspaper Excerpt
The Comptroller of the Currency has authorized ... the Second National Bank of Ashland, Ky., to resume business. All these banks have plenty of money, none of which was borrowed, but obtained by the collection of amounts due on notes or supplies by the directors. (authorized to resume business).
Source
newspapers

Newspaper Articles (20)
1. June 28, 1893 The Times Richmond, VA
Article from The Times, June 28, 1893

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Two Cineinnati Failures. CINCINNATI, O., June 27.-Louis Snyder's Sons last evening made an assignment to C. M. Harding, of Franklin, and George B. Parmlee, of Hamilton, of their four great paper mills at Hamilton, of their real estate in Butler county, and of their great paper warehouse, with contents, in Cincinnati. Their assets are over a million dollars, of which $250,000 is of debts due them, considered good. Their total liabilities are less than $300,000 It is estimated that liquidation by forced sale would leave them $450,000. Their assignment is due to the fact that they were unable to borrow from banks yesterday the sum of $7,000. It is a very old and well-established firm. CINCINNATI, O., June 27.-The firm of Rennekamp Brothers, manufacturers of furniture at Nos. 225, 227 and 229 Clinton street, made an assignment this morning. Assets, $100,000; liabilities, $40,000. Rise in Government Securities. CALCUTTA, June 27.-General satisfaction is expressed here at the action regarding currency taken by the India Council yesterday, the Government securities rose rapidly. More Bank Failures ASHLAND, KY., June 27.-The Second National Bank, of this place, closed its doors this morning. It is solvent, but was forced to suspend because of inability to realize on good paper. The depositors will get all their money.

2. June 28, 1893 The Morning Call San Francisco, CA
Article from The Morning Call, June 28, 1893

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SOME FEW FAILURES. The Faint Mutterings After the Gale Has Died Away. NEW YORK, June 27.-Goldman Brothers, cloak manufacturers, have become financially embarrassed. The liabilities are said to be about $75,000. L. Randel, coffee-broker, has notified the Coffee Exchange of his inability to meet obligations. ASHLAND, Ky., June 27.-The - Second National Bank has closed its doors. Depositors will be paid in full. CHICAGO, June 27.-' The Illinois Fuel Company has failed. It has mines in Sangamon County. Assets $150,000, liabilities $100,000. R. A. Wells, dealer in hardwood lumber, assigned to-day. The assets are $150,000 and the liabilities about the same. The cause of the failure is the recent collapse of several heavy debtors of Wells. The firm of Friedman & Co., dealers in

3. June 28, 1893 The Indianapolis Journal Indianapolis, IN
Article from The Indianapolis Journal, June 28, 1893

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BUSINESS EMBARRASSMENTS. Failures at Chicago and Other Places-New York Banks to Resume. CHICAGO. June 27.-The Illinois Fuel Company confessed jodgment this afternoon for $43,807. The company owns mines in Sangamon county. and has $150,000 worth of assets against $100,000 lia bilities. The Columbian Excursion Company. the lessee of the hotels in the world's fair district-the Everett. the Costello and the Boston-assigned to-day. The company has a number of contracts, the assignee said, with parties of visitors from the East who have delayed their coming. Rina A. Wells, a wholesale lumber dealer, also assigned. The liabilities are not not known, but it said his estate amounts to more than $150,000. NEW YORK. June 27.-A very enrious state of affairs has developed in Philadelphia. Several of the big banks are practically unable to remit to the banks of this city the balances due them for remittances, and Philadelphia exchange is practically at a premium to-day in this city. The Philadelphia backs say they are unable to procure New York exchange and they cannot get gold or currency to ship. One bank in this city has $600,000 locked up in three Philadelphia banks in that way. Of course it could send down there and demand the cash. but 18 unwilling to do 60. The probability is that there will be a larger issue of clearing-honee certificates ID Philadelphia in a day or two, and then the balances due in New York will, it is presumed. be paid. In the meantime, however. business men having drafts on Philadelphia will not be able to get credit for them here except at a pretty large discount. NEW YORK, June 27.-Henry Allen & Co. have given notice that they have settled with their creditors, and have applied for reinstatement as members of the Stock and Produce exchanges. The firm's settlement is on the basis of 50 cents. cash and the signing off by their creditors of 50 per cent.. with the understanding that the firm will consider this a moral obligation and meet it as soon as convenient. The firm's liabilities are $400,000. and it 18 said that the unrealized assets remaining are $800.000, which, as soon as things improve on the Stock Exchange, can be realized on at a profit. SPRINGFIELD, Iii., June 27.-The private banking establishment of George P. Harrington, Edinburg. Ill., twenty miles southeast of here. closed to-day on confession of judgment made by Harrington to Reuben Wilkinson, Taylorville. The failure of Harrington. who is part owner of a big gold mine in Arizona.coal mines in cenral Illinois, and interested in the new Chicago and St. Lonis railroad, 18 a very large one. involving $225,000. The failure is due to stringency of the money market, largeBy, and unprofitable enterprises. NEW YORK, June 27.-Goldman brothers, cloak manufacturers, have become financially embarraesed and the sheriff has taken possession of their place of business. They have been in basiness many years, and their house 18 one of the oldest in the cloak line in this city. A few months ago they claimed to be worth $200,000, of which about $125,000 was invested in the business, the balance being in real estate and securities. In the trade the failure 18 attributed to dull business and tight money. Liabilities, $75,000. MINNEAPOLIS, Minn.. June 27.-The suspension of the St. Paul and Minneapolis Trust Company 18 announced to-night. A card from the president says that its assets exceed its liabilities by $200,000. and that it will pay in full. The general beliefia that it will do 80 and resume business. Its president is ex-Governor Mill. and its vice president is Congressmen Loren Fletcher. The capital stock 18 $500,000. ASHLAND, Ky., June 27.-The Second National Bank, of this place, has closed its doors as a result of the closeness of the money market. The bank is perfectly solvent, but has been forced to take this step from inability to realize on paper that 18 first-clase. TOLEDO, June 27.-The Toledo Spice Company. of this city, made an application for the appointment of a receiver this afternoon. Liabilities amount to over $40,000; assets unknown. CINCINNATI. June 27. - Rennekamp Brothers, mannfacturers of furniture at Clinton, have assigned. Liabilities, $40,000; assets, $100,000.

4. June 28, 1893 The Herald Los Angeles, CA
Article from The Herald, June 28, 1893

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BUSINESS FAILURES. Several Eastern Banks and Business Enterprises Go to the Wall. SPRINGFIELD, III., June 27.-The private banking establishment of George P. Harrington of Edinburg, Ill., was closed today on a confession of judgment made by Harrington to Reuben Wilkinson. The failure of Harrington, who is part owner of a big gold mine in Arizona, coal mines in Central Illinois, and interested in St. Louis and Chicago electric railways, is a very large one, involving $225,000. The failure is due to the stringency of the money market and largely unprofitable enterprises. The Illinois Fuel company's coal mine near Springfield, was closed today by the sheriff on a judgment confessed today for $30,000 in favor of the Commercial National bank of Chicago. The plant is worth $60,000. CHICAGO, June 27.-R.A. Wells, dealer in hardwood lumber. assigned today. Assets $150,000; liabilities about the same. The cause of his failure is the recent callapse of several heavy debtors of Wells. The firm of Friedman & Co., dealers in clothing, has confessed judgments ag. gregating $60,000. The Columbian Excursion company, lessee of three hotels in the world's fair district, assigned today. Liabilities, $30,000; assets considerably more. The company had a number of contracts with eastern parties who delayed cominc. NEW YORK, June 27.-Goldman Bros., cloak manufacturers, have become financially embarrassed. The liabilities are said to be about $75,000. D. Bandell, a coffee broker, has notified the coffee exchange of his inability to meet obligations. LITTLE Rock, Ark., June 27.-The Stuttgart and Arkansas River railroad was put into the hands of a receiver this afternoon. The road is only 30 miles in length and valued at $700,000. ASHLAND, Ky., June 27.-The Second National bank has closed doors. The depositors will be paid in full.

5. June 28, 1893 The Salt Lake Herald Salt Lake City, UT
Article from The Salt Lake Herald, June 28, 1893

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A Kentucky Bank Suspends. ASHLAND, Ky., June 27.-The Second National bank has closed its doors. Depositors will be paid in full.

6. July 6, 1893 River Falls Journal River Falls, WI
Article from River Falls Journal, July 6, 1893

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WEST AND SOUTH. ON a bicycle H. H. Wyllie made the 1,000 miles from New York to Chicago in ten days and four hours. BERRY won the cowboy race to Chicago which was begun at Chadron, Neb. June 13, making the 1,040 miles in 13 days, 15 hours and 85 minutes-an average of 77 miles daily. WHILE attempting to escape from the prison at Folsom, Cal., three convicts were shot dead by guards. AT Edinburg, III., G. P. Harrington, a banker. of private THE American failed exchange for $200,000. bank Minneapolis, Mion., and the Second national bank of Ashland, Ky., closed their doors. THE failure was reported of the Bedford (Ind.) Stone Quarries company, the largest producers of oolitic limestone in the world. IN Chicago the Illinois Fuel company, with assets of $150,000 and liabilities of $100,000, has been driven to the wall. THE monetary stringency caused the assignment in Cincinnati of Bennekamp Brothers, furniture manufacturers, and the Louis Snyder's Sons Paper company. A TRAIN struck a buggy in which were Mrs. Inholsen and three children in Chicago and two of the children were killed and the other fatally injured. THE lives of Mrs. Catherine Neumann and her three children, aged 20, 15 and 12 years respectively, were lost in flames that destroyed their home in Saginaw, Mich. JOHN HUDSON died near Battle Creek, Mich., aged 101 years. AT Oakley, Kan., a tornado destroyed thousands of dollars' worth of propertv. A strip of country 1 mile wide and 6 miles long was swept clean, every building in its path being torn into kindling wood. FIRE wiped out the business portion of Union City, Ind. BECAUSE she refused to live with him, Jacob Lyons, a farmer at Ottawa, O., fatally shot his wife and then killed himself. IN state convention at Cleveland the Ohio prohibitionists nominated the folFor eon lowing P. Machlin, ticket: of Germantown: governor, Rev. lieu- Gidtenant governor, S. H. Ellis, of Warren county: treasurer, Abram Ludlow, of Springfield; attorney general, S. E. Young. of Portage: supreme court judge, J. A. Gallagher, of Bellaire. The platform adopted favors absolute destruction of the liquor traffic, indorses woman suffrage, the granting of liberal pensions, the revision of the immigration laws and the election of president and United States senators by direct vote of the people. ON trial at Atlanta, Ga., for the murder of her two sisters Julia Force was declared not guilty and will be confined in an insane asylum. FLAMES swept away the principal part of the town of Lexington. O. T., and two men perished in the flames. AT Fairfield, la., Charles Wilson shot his wife fatally and then fatally shot himself. Domestic trouble was the cause. THE cabinet of the Epworth league of the United States adopted a resolution at a meeting in Cleveland which instructs the withdrawal of the league's exhibit at the world's fair because of Sunday opening. BURGLARS robbed the Hartly bank at Jericho, Mo., of $12,000. JAMES SHEAKLEY has been appointed governor of Alaska. THE death of ex-Congressman Wallace occurred at his home near Yorkville, S. C He represented the state in the reconstruction g period. THE notorious burglar. Jim Anderson, who has committed crime in every in the state eswas at caped large city conviction, and sentenced always Columbus, O., to five years' imprisonment. FIRE destroyed two squares of the business portion of Augusta, Mich. A RECEIVER was wanted for the Union Trust company of Sioux City, Ia., the liabilities being $350,000.

7. July 6, 1893 The Worthington Advance Worthington, MN
Article from The Worthington Advance, July 6, 1893

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WEST AND SOUTH. THE firm of S. & G. Gump, dealers in art goods at Nan Francisco, made an assignment with liabilities of $140,000. THE death of Rev. W. W, Kone, aged 90 years, occurred at Denison, Tex. He was the oldest Baptist minister in the United States, having entered the ministry at the àge of 18, THE Bank of New England at Minneapolis, Minn, the Sabina (O.) bank and the bank of Ness City, Kan., closed their doors. The governor of Illinois has pardoned Michael Schwab, Samuel Fielden and Oscar Neebe, the anarchists sentenced to state's prison on the charge of complicity In the Haymarket massacre in Chicago May 4, 1886. Fielden and Schawb were sentenced to prison for life and Neebe for fifteen years. IN Detroit Frank Hayes, aged 20 years. was found guilty of murder and sentenced to imprisonment for life. THE Merchants' national bank at Moorhead, Minn., was entered by a masked man who covered the teller with a revolver and secured $2,600. T wo INDIANS, Kozine and Moneypenmy, were found guilty at Madison, Wis, of the murder of Boneash and his squaw last fall. At Lebanon, Ind., William Ransdell was bitten by a tarantula while handling bananas. In the bunch of bananas a bunch of 200 young tarantulas was found. Ransdell may recover, THE state liquor dispensary of South Carolina has begun business and all saloons would soon be closed. THE Savings bank at Fresno, Cal., and the Bank of Commerce at San Diego, Cal., which suspended recently, have resumed business. ON a bicycle H. H. Wyllie made the 1,000 miles from New York to Chicago in ten days and four hours. BERRY won the cowboy race to CHP began at Chadron, Neb., June 13. making the 1,040 miles in 13,days, 15 hours and 35 minutes-an average of 77 miles daily. Wine attempting to escape from the prison at Folsom, Cal., three convicts were shot dead by guards. AT Edinburg, Ill., G. P. Harrington, bankers failed for $200,000. American exchange bank of Minneapolis, Minn., and the Second national bank of Ashland, Ky., closed their doors. THE failure was reported of the Bedford (Ind.) Stone Quarries company, the largest producers of politic lime stone the world

8. July 7, 1893 The Iola Register Iola, KS
Article from The Iola Register, July 7, 1893

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THE SOUTH. A BIG strike of coal miners in Alabama is threatened, ONE death has occurred from yellow fever on the Satilla river in Georgia, and every precaution has been taken to prevent its spread. THE 27th was the fifth day of a severe hot spell at New Orleans. There were eight prostrations from heat, three proving fatal. THE Second National bank of Ashland, Ky., closed its doors. It is solvent. but was forced to suspend because of inability to realize on good paper. THE Atlanta, Ga., chamber of commerce has petitioned the president to call congress together immediately to discuss the finances. NEAR Breckenridge, Tex., masked men attempted to rob a San Antonio & Aransas Pass train. Fireman Martin was shot to death. One of the robbers was captured by the fearless conductor. AT Atlanta, Ga., Miss Julia Force was declared not guilty of the murder of her two sisters, Miss Florence and Miss Minnie Force. This result was reached under the conviction that Miss Julia Force was a monomaniac on the subject of her ill-treatment by her family. She now goes free, as she has not been lawfully declared a lunatic. REV. JOSEPH B. CHESHIRE, JR., rector at Charlotte, N. C., was elected assistant bishop of the Protestant Episcopal church for the diocese of North Carolina. J. D. MAY, the Texas train robber, has made a full confession. W. A. PINKNEY and Daniel Barber were executed at Marlborough, Md., recently for the murder of Francis M. Bowie, a wealthy farmer of Prince George county, on the evening of March 26 last

9. July 7, 1893 The Weekly Union Times Union, SC
Article from The Weekly Union Times, July 7, 1893

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A Kentucky Bank Fails. A special from N shland, Ky., says: The Second National Bank of this place has closed its doors. It is solvent, but was forced to suspend because of inability to realize on good paper. The depositors will get all their money.

10. July 7, 1893 The Weekly Union Times Union, SC
Article from The Weekly Union Times, July 7, 1893

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Kentucky Bank Fails. A special from A shland, Ky., says: The Second National Bank of this place has closed its doors. It is solvent, but was forced to suspend because of inability to realize on good paper. The depositors will get all their money.

11. July 19, 1893 The Star Reynoldsville, PA
Article from The Star, July 19, 1893

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LATER NEWS WAIFS. FINANCIAL AND COMMERCIAL The Chicago Chemical National Bank has resumed business. The $400,000 assessment required by the comptroller has been raised. The National Bank of Kansas City suspended payment and is now in the hands of Comptroller of the Currency. The Comptroller of the Currency at Washington has authorized the First National Bank of Commerce of Frovo, Utah, and the Second National Bank of Ashland, Ky., to resume business. All these banks have plenty of money, none of which was borrowed. but obtained by the collection of amounts due on notes or supplies by the directors.

12. July 19, 1893 The Indiana State Sentinel Indianapolis, IN
Article from The Indiana State Sentinel, July 19, 1893

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MISCELLANEOUS NEWS ITEMS. War is imminent in Samoa. The Ludlow shoe company of Chicago made an assignment. The Bon Ton foundry company, Chicago, assigned. Assets, $175,000; liabilities, $200,000. Receivers were appointed for the John Kauffman brewery at Cincinnati. Assets, $600,000; liabilties, $150,000. Emil Ables, manufacturing furrier, New York, made an assignment to George Fragner without preferences. Chancellor Von Caprivi is confined to his residence by inflamed veins. He hopes to appear in the reichstag today. The Uruguay congress has made an appropriation of an additional $10,000 for the exhibit of Uruguay at the world's fair. Eighty-five cases of cholera are reported in the hospital at Alexandria, Egypt. Forty deaths from the disease have occurred. The private bank of Hay & Webb of Carmi, III., has made an assignment. The assets are about $215,000; liabilities about $180,000. At London Mrs. Bancroft, the wellknown actress, was thrown from a cab and run over. She received injuries that necessitated her removal to a hospital. Lord Coleridge, lord chief justice of England, whose sudden illness at the Newcastle assizes necessitated the adjournment of the court, has entirely recovered. The court martial that will try the officers of the British Mediterranean squadron on the charge of partial responsibility for the Victoria disaster will open in Valetta, Malta, July 17. The report from Caddo, I. T., published to the effect that Governor Jones had stated that Choctaws under sentence of death for murder would surely be shot is discredited at the interior department. The comptroller of the currency authorized the First national bank of Los Angeles, Cal., the National bank of commerce of Provo, Utah, and the Second national bank of Ashland, Ky., to resume business. There will be no more ship building at the yard of Samuel L. Moores' Sons at Elizabeth, N. J. The firm began business three years ago. Their most notable achievement was the building of the cruiser Bancroft. The Hon. Thomas F. Bayard, American ambassador to Great Britain, and Mrs. Bayard will attend the closing state ball. This function was to have been held some time ago, but was postponed in consequence of the disaster to the battleship Victoria. Col. W. L. Washington of Nashville, Tenn., called at New York police headquarters and reported that he had been robbed of a valuable gold watch and chain by a plausible, smooth faced young man to whom he had taken a liking the preceding night. M. Loze, ex-prefect of police, who tendered his resignation on the ground that the government intended to make a scapegoat of him in connection with the rioting at Paris, has received a semiofficial notification that he is to be appointed French ambassador to Austria. The dead body of Deputy Sheriff John W. Thomas of Mobile county was found yesterday in the village of Whistler, Ala. He had four bullet wounds on his body and his skull was crushed. The crime was traced to Gilbert J. Deace and John Ryan, two engineers whom Thomas had arrested.

13. July 21, 1893 The Iola Register Iola, KS
Article from The Iola Register, July 21, 1893

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THE WORLD AT LARGE. Summary of the Daily News. WASHINGTON NOTES. A STATEMENT shows that the net gold in the treasury at the end of June, last, was $95,485,413, which was more than the total at the end of either of the two months preceding. In the ten days from June 30 to July 10, the gold holdings increased from $95,485,413, to $97,286,677, and the tables show a slow, but steady increase from June 10 last, when the net gold stood at $90,722,958, the lowest point touched in many years. CONGRESSMAN WILSON, of West Virginia, gives it as his opinion that there will be no recess after congress meets in extra session. THE wife of ex-Senator Conger died recently in Washington, where Mr. Conger has been residing since his retirement from the senate. POSTMASTER-GENERAL BISSELL has decided to do away with the different sizes of postal cards and to have them of uniform size in future. SECRETARY HERBERT has accepted the resignation, because of ill health, of Com. Wilson, as chief constructor of the navy, and appointed Constructor Philip Hichborn to succeed him. THE comptroller of the currency has issued a call for a report on the condition of national banks at the close of business July 12. This, the comptroller says, is one of the regular five annual calls. IT is practically certain that the president will be allowed to dictate who shall be chairman of the ways and means committee and that it will not be Springer. PRELIMINARY work to the opening of the Cherokee strip is well under way. THE gold reserve in the treasury has 1 increased $206,000 and now stands at $98,093,141. But on the other hand the TO currency has decreased from $27,353,881 to $26,904,780 in the same time. t THE chief of the bureau of statistics 1 reports that the total value of the exports of beef and hog products from the United States during the month of I June, 1893, was $10,098,837. he POSTMASTER-GENERAL BISSELL has decided to abandon three sizes of the f postal cards now in use. REPRESENTATIVE FITHIAN will intro0 duce his free ship bill again at the next session of congress. f TWENTY-FIVE hundred pensioners o have already been suspended since Hoke Smith's famous order went into r effect. J SECRETARY HERBERT has authorized a the preliminary acceptance of the n cruiser Detroit. V COMPTROLLER OF THE CURRENCY c ECKELS has authorized the First nao tional bank of Los Angeles, Cal., the National Bank of Commerce, of Provo, t U.T., and the Second national bank, of N Ashland, Ky., to resume business. All en these banks have resumed with plenty of morley, none of which was bort rowed, but obtained by the collection C of amounts due on notes or supplied by k the directors. t

14. July 21, 1893 The Kinsley Graphic Kinsley, KS
Article from The Kinsley Graphic, July 21, 1893

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THE WORLD AT LARGE. Summary of the Daily News WASHINGTON NOTES. POSTMASTER-GENERAL BISSELL has decided to do away with the different sizes of postal cards and to have them of uniform size in future. SECRETARY HERBERT has accepted the resignation, because of ill health, of Com. Wilson, as chief constructor of the navy, and appointed Constructor Philip Hichborn to succeed him. THE comptroller of the currency has issued a call for a report on the condition of national banks at the close of business July 12. This, the comptroller says, is one of the regular five annual calls. IT is practically certain that the president will be allowed to dictate who shall be chairman of the ways and means commfittee and that it will not be Springer. PRELIMINARY work to the opening of the Cherokee strip is well under way. THE gold reserve in the treasury has increased $206,000 and now stands at $98,093,141. But on the other hand the currency has decreased from $27,353,881 to $26,904,780 in the same time. THE chief of the bureau of statistics reports that the total value of the exports of beef and hog products from the United States during the month of June, 1893, was $10,098,837. POSTMASTER-GENERAL BISSELL has decided to abandon three sizes of the postal cards now in use. REPRESENTATIVE FITHIAN will introduce his free ship bill again at the next session of congress. TWENTY-FIVE hundred pensioners have already been suspended since Hoke Smith's famous order went into effect. SECRETARY HERBERT has authorized the preliminary acceptance of the cruiser Detroit. COMPTROLLER OF THE CURRENCY ECKELS has authorized the First national bank of Los Angeles, Cal., the National Bank of Commerce, of Provo, U.T., and the Second national bank, of Ashland, Ky., to resume business. All these banks have resumed with plenty of money, none of which was borrowed, but obtained by the collection of amounts due on notes or supplied by the directors. SPECIAL INSPECTOR SWINFORD declares that the Cherokee strip will be opened to settlement not later than September 10. SENATOR TELLER, of Colorado, declares that it is the veriest rot to ascribe the present financial stringency to the workings of the Sherman law. THERE is a fund of $13,000,000, amassed by sales of cotton seized during the late war, lying idle at Washington. AN order has been issued by the war department increasing the number of honor graduates from the Leavenworth military school from three to five.

15. July 22, 1893 Macon Beacon Macon, MS
Article from Macon Beacon, July 22, 1893

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PRELIMINARY work to the opening of the Cherokee strip is well under way. I FIRE destroyed 1,000,000 feet of lumber in Taber & Co.'s yards, at Dubuque, I la. Loss, $25,000; fully insured. 1 A. LOUP and wife, of St. John La., were Baptist ALCES parish, taken from ( their home and horribly whipped by white caps. Both were fearfully lacerated. ALEXANDER McCook, brigadier-general of the new military department of Colorado, Utah, Arizona and New Mexico, has arrived at Denver for the purpose of establishing the headquarters of the department. AT Baltimore application was made for a receiver of the Equitable League of America, a seven year term order, and an injunction to restrain officers from collecting assessments was granted and hearing set for September 5. COMPTROLLER OF THE CURRENCY ECKELS has authorized the First national bank, of Los Angeles, Cal., the National Bank of Commerce, of Provo, U.T., and the Second national bank, All of Ashland, Ky., to resume business. these banks have resumed with plenty of money, none of which was borrowed, but obtained by the collection of amounts due on notes or supplied by the directors. THE latest advices from Honolulu are to the effect that the rebellious lepers have been subdued, and that all is quiet there now. S.N. DUSENBERRE, cashier of the has defunct bank of Puyallup, Wash., been arrested. S PRESIDENT VAN HORN of the Canadian I Pacific has been indicted by the federal vioS grand jury at Tacoma, Wash., for in lating the inter-state commerce law sale of tickets , THE dead body of Nin Sheppard, the f notorious desperado, who recently esf caped from custody in Arkansas, was the found lodged in some driftwood in e Arkansas river. h MRS. MEYER, held a prisoner at De, Mich., with her husband, husbands charged troit, with wholesale poisoning of , for insurance, has given birth to a boy. has e THE Mississippi river commission Vicksy ordered work in the harbor of burg, Miss., abandoned. i REAPER and harvesting men who are e d exhibitors at the world's fair, with one the exception, will decline to make mofield trials which have at the last a ment been demanded of them. r THE great Columbian handicap stake a 1at Chicago was won by Rudolph, western horse. S SPECIAL INSPECTOR SWINFORD de- be S that the Cherokee strip will than t clares opened to settlement not later d September TORNADO 10. struck Lima, O., destroyt A the Catholic church and unroofing no 3. a ing number of buildings, but injuring W d one. TIMELY arrival of troops at Houck's deA. T., saved two railroad hands of tectives Tank, from death at the is iangry Navajos. hay crop in Europe is a failure, will of THE consequence this country immense 1and be called as a upon to furnish an nquantity at a high price. J. BUSH, cashier of the defunct placed n bank J. at Elmira, N. Y., has been under arrest. he Italian pienic at Chicago four exIs persons AT an were killed by a premature plosion of fireworks. as VICK and his son Walter getting wer en drowned JOHN at Detroit, Mich., by he aout of their colored depth. children, locked Miss. in cabin THREE by their parentsat Durant, burned to death. in at were Glen house at Mount Washing Loss ly ton, THE N. H., was destroyed by fire. he $100,000. round-trip tickets to is th th in ONE-PRICE fair, good on any association train, ter ly world's in Central Traffic by th inorder ritory. following the cut made Big Four. ed COURAGEOUS boy saved two your a cli A from being carried over ort by ladies runaway horse at Long Branch. has a AGENT BENNETT fort pul rid Ex-INDIAN communication sstting Indians not lished a condition of the showin the present five civilized tribes and the need for statehood. a., their exhibitor at the had world bee ge on. A sold RUSSIAN some jewelry which came net fair free of duty and troub a en thereby. admitted getting himself in serious

16. July 22, 1893 Baxter Springs News Baxter Springs, KS
Article from Baxter Springs News, July 22, 1893

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THE WORLD AT LARGE. Summary of the Daily News. WASHINGTON NOTES. THE gold reserve in the treasury has increased $206,000 and now stands at $98,093,141. But on the other hand the currency has decreased from $27,358,881 to $26,904,780 in the same time. THE chief of the bureau of statistics reports that the total value of the exports of beef and hog products from the United States during the month of June, 1893, was $10,098,837. POSTMASTER-GENERAL BISSELL has decided to abandon three sizes of the postal cards now in use. REPRESENTATIVE FITHIAN will introduce his free ship bill again at the next session of congress. TWENTY-FIVE hundred pensioners have already been suspended since Hoke Smith's famous order went into effect. SECRETARY HERBERT has authorized the preliminary acceptance of the cruiser Detroit. COMPTROLLER OF THE CURRENCY ECKELS has authorized the First national bank of Los Angeles, Cal., the National Bank of Commerce, of Provo. U.T., and the Second national bank. of Ashland, Ky., to resume business. All these banks have resumed with plenty of money, none of which was borrowed, but obtained by the collection of amounts due on notes or supplied by the directors. SPECIAL INSPECTOR SWINFORD declares that the Cherokee strip will be opened to settlement not later than September 10. SENATOR TELLER, of Colorado, declares that it is the veriest rot to ascribe the present financial stringency to the workings of the Sherman law. THERE is a fund of $13,000,000, amassed by sales of cotton seized during the late war, lying idle at Washington. AN order has been issued by the war department increasing the number of honor graduates from the Leavenworth military school from three to five. THE decision of the government that persons who were on the Cherokee strip since March 2. 1889, have forfeited all claims to right of settlement will stir up much trouble.

17. July 27, 1893 River Falls Journal River Falls, WI
Article from River Falls Journal, July 27, 1893

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and the Traders' at Tacomah Falls, Wash. The First national at San Bernardino, Cal., resumed business, as did also the Second national at Ashland, Ky. THE death of James D. Rawlins, a veteran of the Blackhawk war of 1832, and father of the distinguished Gen. John A. Rawlins, chief of staff to Gen. Grant, died at Guilford, 111., aged 92 years. *THE three sons of Frank Lundgren, of Geneseo, III., aged respectively 15, 20 and 22, were drowned in Green river by the capsizing of a boat. FOUR soldiers were killed and six outlaws were mortally wounded during a fight in Wise county, Va., between state troops and outlaws. FOR not working out his poll tax M. J. Dowling, editor of the Star at Benville, Minn., a man with neither legs nor hands, was arrested by order of the village council. FIRE swept away the entire business portion of Edgerton, O., a town of 1,200 inhabitants, the loss being $100,000. A LAWSUIT caused W. R. Shoemaker, of Metropolis, III., to kill George and Richard Lukens and then commit suicide. IN Cincinnati defective sewerage was causing a dangerous landslide and many houses had already been completely wrecked. IN Detroit Mascot defeated Hal Pointer and Flying Jib, pacing five heats in less than 2:08 and breaking the world's record. A MOB in Lafayette county, Fla., hanged a negro who assaulted and murdered the 9-year-old daughter of Carr Elliott. FLAMES burned a block at Paulding, O., and part of another, causing a loss of $200,000. THE death of Gen. William Vandever occurred at his residence in Ventura, Cal., aged 76 years. He was elected to congress from Iowa in 1858 and reelected in 1860, but resigned his seat to enter the army. Ex-Gov. GEORGE C. PERKINS, of San Francisco, has been appointed United States senator to succeed the late Leland Stanford. A MOB lynched Lee Walker, a negro who assaulted Miss Mollie McCadden (white) and four colored girls at Memphis, Tenn., and then his body was burned. WHILE temporarily insane Allen E. Jones, aged 40 years, living near Texarkana, Ark., beat out the brains of his wife and three children with an ax and then hanged himself. Two SISTERS named Plant, of Nuncia, Mich., arrived at the world's fair grounds, after walking all the way from Muskegon, Mich., 220 miles. The journey was made in ten days. A FIRE in the Keifer building in New Orleans caused a loss of $100,000 and J. E. McDonald, a fireman, was suffocated. C. W. DE Pauw, the millionaire manufacturer at New Albany, Ind., made an assignment with liabilities of $400,000. IN Detroit Frank Waller, of Indiana, broke the 25-mile bicycle record, making the distance in 1 hour 6 minutes and 10 seconds. IN San Francisco ground will be broken this week for the California Midwinter exposition which is to follow the world's fair. IN the records of the state auditor of Kansas an apparent shortage of $36,000 was discovered in connection with the sale of public school lands. THE Milwaukee national and the South Sidesavings banks in Milwaukee closed their doors, and the State na tional bank at Knoxville, Tenn., and First national at Russell, Kan., were forced to suspend. THE world's fair gates were closed OL Sunday. THE sawmill owned by Duncan Bremer & Co. at Duluth, Minn., was burned, causing a loss of $100,000. MRS. McDoNALD and her two chil-

18. July 28, 1893 The Times Owosso, MI
Article from The Times, July 28, 1893

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resumed business, as did also the Second national at Ashland, Ky. By an explosion of dynamite in a shanty in Minneapolis Gus Olson was blown into fragments. MISSES ELIZABETH WALTERS and Mabel Hallett, of New York city, were drowned while bathing in the surf at Shell Bank, Long Island. W. R. SHOEMAKER, of Metropolis, Ill., killed George and Richard Lukens and then committed suicide. A lawsuit caused it. MASCOT defeated Hal Pointer and Flying Jib at Detroit, pacing five heats in less than 2:08 and breaking the world's record. A NEGRO who assaulted and murdered the 9-year-old daughter of Carr Elliott in Lafayette county, Fla., was hanged by a mob. REV. GEORGE STOCKING, of Leavittsburg, O., who was suffering from poor health, ended his misery by cutting his throat. WILLIAM NAPIER and family, of Columbus, O., were badly poisoned by eating cabbage on which paris green had been spread. DEFECTIVE sewerage was causing a dangerous landslide in Cincinnati and many houses had already been completely wrecked. A CARELESS cigarette smoker started a fire in Little Goose Canon, Wyo., and much valuable timber was destroyed. OFFICERS of the revenue cutter Rush report the discovery of an active volcano near Cape St. John, Alaska. MRS. VANERSCHEK, a farmer's lfe at Rutledge, Minn., was held up by two masked men and robbed of $400. AN explosion in a coal mine at Edwardsville, Pa.., fatally injured William Jones, Martin Brennan, B. Wilson and Patrick Malai. THE American line steamship Paris made the run from Southampton to New York in 6 days 9 hours and 30 minutes, breaking all previous records. THE percentages of the baseball clubs in the National league for the week ended on the 22d were as follows: Philadelphia, .649; Boston. .639; Pittsburgh, 576; Cleveland, .568; Brooklyn, .464 Checknate 124 Ballimore. $209' Chic. ......................... New '894' Inois's 7S Tousis- :80F' .448 'O.Sto 'T98' FIRE burned one whole block at Paulding, O., and part of another, causing a loss of $200,000. AN unknown yacht was capsized east of Deer Island, Mass, and John W. Johnson, Albert T. Scott and Joseph Murphy were drowned. GEORGE BAGNELL, aged 71, and his grandson, aged 7, were drowned in Great South pond near Plymouth, Mass. THE gates of the world's fair were closed on Sunday. TRAMP miners from Colorado state that the suffering there is terrible, and that authorities are suppressing the facts. DUNCAN, BREMER & Co.'s sawmill at Duluth, Minn., burned, causing a loss of $100,000. MASKED men carried away Mrs. McDonald and her two children from a farmhouse near Fort Wayne, Ind. LUTIE LASELLE, of Seymour, Ind., an only daughter, 16 years of age, poisoned herself with arsenic rather than take a My By the recent assessment in Kansas the railroads in the state must pay $10,500,000 more than in 1892. AN apparent shortage of $36,000 was discovered in the records of the state auditor of Kansas in connection with the sale of public school lands. IN Milwaukee the Milwaukee national and the South Side savings bank closed their doors, and the State national bank at Knoxville, Tenn., and First national at Russell, Kan., were forced to suspend. FRANK WALLER, of Indiana, broke the 25-mile bicycle record, making the distance in Detroit in 1 hour 6 minutes and 10 seconds. GROUND will be broken in San Francisco this week for the California Midwinter exposition, which is to follow the world's fair. FLAMES in the Keifer building in New Orleans caused a loss of $100,000 and J. E. McDonald, a fireman, was suffocated. CHARLES W. DE PAUW, the millionaire manufacturer at New Albany, Ind., made an assignment with liabilities of $400,000. THE Misses Plant, of Nunica, Mich., arrived at the world's fair grounds, after walking all the way from Muskegon, Mich., 220 miles. The journey

19. July 29, 1893 New-York Tribune New York, NY
Article from New-York Tribune, July 29, 1893

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It is to be observed that in twenty-one States and Territories there have been no !ailures of National banks, viz: In Alaska, Arizona. Arkansas, Connecticut. Delaware, District of Columbia, Idabo, Indian Territory, Louisiana, Maine, Maryland, Massachusetts, Minnesota, Nevada, New-Jersey, Pennsylvania. Rhode Island, South Carolina, Vermont, Virginia and West Virginia. It is further worthy of note that no National banks have failed in Boston, Brooklyn, Philadelphia, Pittsburg, Baltimore, Washington, Buffalo, Cincinnati. St. Louis, New-Orleans, San Francisco, Minneapolis, St. Pan! and numbers of other great commercial centres: and that but one has closed in New-York, two in Chicago. and one In Milwankee. The cause of the failures in NewYork and Chicago was due largely to mismanagement, as were numbers of others. Local scares have caused many of late to suspend. Nine of the banks failed were robbed by officials who are now under arrest. The following National banks have been authorIzed by the Controller of the Currency to resume business: Gate City National Bank, Atlanta, Ga.: First National Bank. Los Angeles, Cal.: First National Bank, San Diego, Cal.: First National Bank, Santa Ana, Cal.: First National Bank, San Bernardino, Cal.: Southern California National Bank, Los Angeles, Cal.: Merchants' National Bank. Fort Worth, Tex.: Second National Bank, Ashland, Ky.: Capital National Bank, Indianapolis.: First National Bank, Palouse City, Wash.: Washington National Bank, Spokane Falls, Wash.: National Bank of Commerce. Provo City, Utab: First National Bank. Cisco, Texas: Missouri National Bank, Kansas City, Mo. Many more will reopen, as the majority of those recently failed are absolutely solvent, and only closed through an unwarranted lack of confidence in them, causing disastrous runs. Resume: Number now in operation, 3,785: number failed since January 1, 1893. 105; number reopened, 14: number In hands of receivers, 33: number In hands of Bank Examiners, with application to Controller for resumption, 58.

20. August 29, 1893 Evening Star Washington, DC
Article from Evening Star, August 29, 1893

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BANKS HAVE RESUMED. Those That Were Temporarily Embarrassed Now All Right. Controller Eckels has prepared the following statement of banks which temporarily suspended during the late stringency and have since resumed business: Black Hills National Bank, Rapid City, S. D., capital stock, $125,000; Gate City National Bank, Atlanta, Ga., $250,000; Capital National Bank, Indianapolis, Ind., $300,000; Washington National Bank, Spokane Falls, Wash., $250,000: First National Bank, Palouse city, Wash., $75,000; Southern California National Bank, Los Angeles, Cal., $200,000; First National Bank, Los Angeles, Cal., $200,000; First National Bank, San Diego, Cal., $300,000; First National Bank, Santa Ana, Cal. $150,000; First National Bank, Kendallville, Ind., $50,000; First National Bank, San Bernardino, Cal., $100,000; Second National Bank, Ashland, Ky., $50,000; First National Bank, Rico, Col., $50,000; National Bank of Commerce, Provo City, Utah, $50,000; First National Bank, Cisco, Texas, $50,000; American National Bank, Leadville, Col., $100,000; Central National Bank, Pueblo. Col., $50,000; Missouri National Bank, Kansas City, Mo., $250,000; First National Bank, Fort Scott, Kan., $300,000; Union National Bank, Denver, Col., $1,000,000; National Bank of Commerce, Denver, $500.000: Hutchinson National Bank, Hutchinson, Kan.. $100,000; People's National Bank, Denver, Col., $600,000; First National Bank, Anthony, Kan., $50,000; Greeley National Bank. Greeley, Col., $50,000; Farmers' National Bank, Henrietta, Tex., $50,000; State National Bank, Vernon, Tex., $100,000; Fourth National Bank, Louisville, Ky. $300.000; First National Bank, The Dalles, Ore., $50,000; Waupaca County National Bank, Waupaca, Wis., $50,000; Waxahachee National Bank, Waxahachee. Tex., $100,000; CitIzens' National Bank, Attica, Ind., $50,000; First National Bank. San Marcos, Tex., $80,000; First National Bank, Lockhart, Tex., $50,000. Total capital stock of $6,030,000. Since January 1 last 154 national banks have suspended. Of this number one has gone into voluntary liquidation, 57 have been placed in the hands of receivers, 62 are in the hands of national bank examiners with excellent prospects of early resumption, in addition to the 34 above named which have already resumed business.