6618. First National Bank (Fort Scott, KS)

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
0786fceb

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

The First National Bank of Fort Scott suspended payment July 18, 1893 due to steady withdrawals and inability to collect assets (reported in multiple papers). It later resumed business mid‑August (reported Aug 15–17). The coverage links the trouble to broader regional bank failures/panic (Denver/Kansas City), but the articles do not clearly describe a discrete depositor run on this bank separate from the general withdrawals; classification chosen as a suspension with reopening.

Events (4)

1. January 10, 1871 Chartered
Source
historical_nic
2. July 18, 1893 Suspension
Cause
Local Banks
Cause Details
Steady withdrawals triggered by the regional bank panic (failures and suspensions in Denver and Kansas City) and inability to collect assets; notice posted citing withdrawals and inability to collect assets.
Newspaper Excerpt
Owing to the steady withdrawal of deposits, and our inability to collect assets, we deem it to be for the best interests of all concerned that this bank be temporarily closed. Assets are more than three times the liabilities.
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 stating bank resumed and was in good condition.)
Source
newspapers
4. November 20, 1908 Receivership
Source
historical_nic

Newspaper Articles (25)

Article from The Evening World, July 18, 1893

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PANIC ON IN DENVER. Four More Banks Close Their Doors To-Day. Runs Started on All the ClearingHouse Institutions. several Kansas Banks Go Down. with One in Ada. Ohio. 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. LATER.-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 also closed. Ex-Gov. Job A. Cooper is President of this 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. C. C. Girda, the City Auditor, is President. W. F. Robinson formerly Treasurer of the Republican Publishing Company. one of the oldest and most respected individuals in the State, has been made assignee. President Woodbury is of the opinion that the Union National Bank will reopen and continue business as before. It is one of the oldest banks in Denver, and has always been regarded as one of its solid ones. The failure of the Chamberlin Investment Company a few days ago affected the Union National, the Company having become indebted to the bank about $50,000. The Commercial National Bank was in bad shape. It has a capital stock of $250,000. and only had $2,000 in cash in the bank. TOLEDO, July 18.-The Citizens' Bank of Ada, O., the most prominent one in Hardin County, failed to open its doors this morning. Its owner, Peter Ahifield, has controlled it for over a quarter of a century, and is one of the wealthiest men of that section. No statement of assets and liabilities, or the cause of failure, can be obtained. FORT SCOTT, Kan. July 18.-The First National Bank, of this city, the oldest financial institution in Southeastern Kansas, has suspended payment. TOPEKA. Kan., July 18.-State Bank Examiner Breidenthal this morning received notice of the failures of the Citizens' Bank, of Kansas City, Kan., of the Bank of Richmond and of the Farmers and Merchants' Bank. at Ossawattomie. The concerns all did a small business. Statements are unobtainable. The opinion is expressed that other institutions throughout the State will soon go under. The Denver bank failures reported above are in addition to the three reported in the same city yesterday, which were as follows: People's Savings Bank: assets, $1,125,667.55; liabilities, $966,996.88 Colora do Savings Bank: assets over liabilities, $73,063.62. Rocky Mountain Dime and Savings Bank: assets, $156,803.53; liabilities. $105, 654.32. The seriousness of the situation is quite evident from the collapse of all f these institutions.


Article from The Wheeling Daily Intelligencer, July 19, 1893

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Fort Scott Bank Closes. FORT SCOTT, KAS, July 17.-The First National Bank of this city failed to open for business this morning. It had a capital stock of $300,000, fully paid in, and has always stood all runs. A run on the People's Savings Bank was started, but the thirty-day law was taken advantage of, and the bank was saved from being swamped.


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


Article from The Times, July 19, 1893

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stop?" A run was Immediately started on all the other banks, though to no great extent upon the People's National The National appears to be the soundest of all, they having over 60 per cent. of their deposits on hand, with a private fund of $1,500,000 in addition to draw upon making it impossible to close their doors. The Colorado National and several others are in equally PS good condition. The mob withdrawing their money are all small depositors, the large holders being satisfied to let the accounts remain in the bank. The banks are paying all demands, except on time certificates, they demanding that these remain until the expiration of time. As every bank is crowded, the clearing house is rendering no assistance, each institution being compelled to stand upon its own foundation. The Commercial National Bank closed its doors within a few minutes after the opening, because it was apparent from the size of the crowd in front of the bank that a run was to be inaugurated. A notice was posted on the door: "Closed for liquidation by order of the directors." The bank was in bad shape. It had 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. C. C. Girda, the city auditor, is prestdent. W. F. Robinson, formerly treasurer of the Republic Publishing Company, one of the oldest and most respected individuals in the State, has been made assignee. The News in Washington. WASHINGTON, July 18.-The news of the Denver Bank crash caused some surprise at the Comptroller's office, for it was believed there that the worst was over, and that national banking matters would soon resume their normal condition. The gold reserve took another downward tumble to-day, from $98,059,480 yesterday, to $98,672,852. The currency balance to-day was $26,118,160, against $26,117,918 yesterday. Other Failures. FORT SCOTT. KAN., July 18.-The First National Bank of this city, the oldest financial institution in Southeastern Kansas, has suspended payment. TOLEDO, O., July 18.-The Citizens' Bank of Ada, the most prominent one in Hardin county, failed to open its doors this morning. Its owner. Peter F. Ahlfield. has controlled it over a quarter of a century, and is one of the wealthiest men in that section. What Raleigh Citizens Think. RALEIGH, N. C., July 18.-The chamber of commerce of Raleigh, at a meeting held to-night, adopted the following resolutions: Resolved That in the opinion of this chamber, national banks should be permitted to take out circulation on deposit of good State bonds and on United States bonds to their par value, and the five per cent. redemption funds should be abolished and the tax on their circulation repealed. Resolved further, That the tax on State bank notes should be repealed. Resolved. further, That upon the adoption of such legislation as will provide adequate facilities for the increase of currency, we recommend a suspension of the law authorizing the purchase of silver bullion until such time as an international or new ratio may be established between gold and silver. Silver Coinage in India. LONDON July 18.-In the House of Commons to-day, Gladstone, in replying to questions asked upon the subject, denied that there was artificial restriction of coinage of silver in India. The Austrian system. he said, was analagous to the new Indian system of coinage. The quantity of silver coined in India would not be regulated by the convenience of the Government, but by the wants of the country.


Article from Richmond Dispatch, July 19, 1893

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Telegraphic Tersities. The Commercial National Bank of Denver has closed its doors. The Citizens' Bank, of Ada. O., failed to open its doors yesterday morning. The First National Bank of Fort Scott. Kan., suspended payment yesterday. The Mobile (Ala.) Register Company has made an assignment. The publication of the paper will be continued. The Nashville, Chattanooga and St. Louis railroad has declared a dividend of 11/3 per cent. payable August 1st. The McNamara Dry Goods Company, Denver, Coi., one of the largest houses in the West, closed on attachment yesterday morning, General James T. Hotsclaw, of Montgomery. Ala., died yesterday afternoon aged 60 years. He was a brigadier in the Confederate army. The Canadian Pacific railway steamer Empress of India, from Vancouver, B. C., for the Orient, Monday. carried nearly a thousand tons of cotton. Chicco, the Charleston ex-liquor-dealer charged with violation of the South Carolina dispensary law. was bound over yes. terday on one of the warrants against him. The straightout Democratic ticket was elected in Jacksonville, Fla.. yesterday by scattering majorities. The Australianballot system worked well, and all the parties and factions are satisfied with it. Lloyd Aspinwall. the well-known New York club-man, who 18 being sued for separation by his wife, is confined in Yorkville prison for further examination in default of $5,000 bail on a charge of forgery. The arrest was made yesterday afternoon. Mrs. Mary Anna Kaufman, wife and of the late John Kaufman. Cinmade a cinnati, executrix O., personal assignment Monday evening. Liabilities, $100,000 assetstouch greater. She owns a large portion of the Kaufman brewery, which made an assignment last Friday. A seventeen-round contest for $500 between Jack Bolen, champion 126-pound pugilist of the West, and Mike Howley came off about fifteen miles below Wheeling. on the Ohio side of the Ohio river, at sunrise vesterdav morning. Every round wasterrific, and in theseventeenth. Howley failing to come up to the scratch, the fight was given to Bolen. Miss Maggie McCadden, a young lady living at Bond Station a little town on the Louisville and Nashville railroad, fifteen miles from Memphis, Tenn., was assaulted by a negro yesterday morning. A suspect was arrested some miles from the scene. and at last accounts was being taken to Bond Station for identification. A lynching was probable. M. Develle. French Minister of Foreign Affairs. said in reply to an interpellation in the Chamber of Deputies yesterday that the government disavowed any intention to interfere with Siamese independence, but at the same time intended to insist that the treaties between France and Siam be respected. The interference of a third power in the dispute would not be tolerated. Hon. W.C.P. Breckinridge, member of Congress from the Blue-Grass District of Kentucky. was married in Louisville yesterday atternoon to Mrs. Louise Scott Wing. The bride 18 the widow of Rumsey Wing. who died while serving his country as Minister to Ecuador, and is a daughter of who ago. Robert Scott. died years of her hus. She is about ten years the junior band and is known as a woman of great personal attractions.


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.


Article from Wheeling Register, July 19, 1893

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WHEELING, W. VA., WEDNESDAY MORNING, JULY i9, 1893. A BRUTAL MURDER. Citizens' Bank suspended payment to-day MENT AT DENVER. with assets of $151,500 and liabilities of MAY BE A BIG STIKE. A Respected Negro Found Dead-His Wife $126,500. 8 Savings Banks Stirs Up Arreated for the Crime. FORT SCOTT, KAS., July 18.-The First t rougs in the Streets. Special Telegram to the Register. National Bank, of this city, failed to open T for business this morning. It had a capiJuly 18.-No such a BLUEFIELD, W. VA., July 18.-SamGreen and Flint Glass Manufacturers tal stock of $300,000, fully paid in and has tnessed in all the West uel Ford, & colored citizen of this city, I always stood all runs. A run on the Peoare this morning shortwas feully murdered last night. The Demand Reductions. f ple's Savings Bank was started, but the when the banks were body was discovered to-day near his C thirty day law was taken advantage of and their doors for busiresidence with bullet holes in the head. e the bank was saved from being swamped. of the savings banks 6 His wife and Charles Williams, colored, TOPEKA., KAs., July 18.-State Bank I ited the masses. The A NEW APPRENTICE SYSTEM are suspected. His wife is under arExaminer Breidenthal this morning rehouse banks, located ceived notice of the failures of the Citirest with damaging evidence against o KS of each other, were zens' Bank, of Kansas City, Kas., of the her. Williams is missing. Considerable Bank of Richmond, and of the Farmers' ar into the streets the Demanded by the Green Glass excitement prevails among the colored and Merchants' Bank at Ossawattomie. atil officers and special people, and threats of lynching are Manufacturers - This Point is The concerns all did a small business. 1 out to clear the way whispered, as Ford was a good citizen. i Statements are unobtainable. The opinion the Most Important of All and o'clock the Union Nais expressed that other institutions THE CORONER'S VERDICT. Means More than the Proposed tal of $1,060,000, posted throughout the State will soon go under. 7 would not open their Cut in Wages - The Fight for @ Four Persons Held Responsible for the BOSTON, MASS., July 18.-The Amoskeag ted the panic and folthe Secretaryship of the Flints. mills which will close for the month of Deaths at the Cold Storage Building e Commercial National Fire. August according to a vote of its directors otice and then the Naat Manchester, N. H., employs 8,000 CHICAGO, July 18.-The coroner's jury Commerce, and people hands. It has a pay roll of $225,000 per Special Telegram to the Register. investigating the World's Fair Cold will this stop?" A run month and uses 6,000,000 pounds of cotton MARION, IND., July 18.-Another Storage calamity, reached a verdict this started on all the other per week. Other mills are likely to follow evening, as follows: busy session of the American Flint suit. Amoskeag mill is the largest prono great extent upon "We, the jury, !find that the deceased Glass Workers convention was held toducer of manufactured cotton in the world. tional. The First Nacame to his death from injuries and burns day. LONDON, July 18.-In the House of Combe the soundest of all, received at a fire of the Cold Storage buildThe Pressed Ware Committee's remons to-day Prime Minister Gladstone, in ing at the World's Fair grounds on July er 60 per cent. of their port was taken up, and all the items replying to questions asked upon the sub10, 1893; and we, the jury, find from the with a private fund of asking for advance in wages on certain ject, denied that there was artificial reevidence that Charles A. McDonal, John dition to draw upon, striction of the coinage of silver in India. P. Skinner. D. H. Burnham and Edward goods and changes of moves, etc., were, ssible to close their The Austrian system, he said, was analoafter very warm discussion, knocked W. Murphy be held to the grand jury for ado National and sevgous to the new India system of coinage. criminal negligence, and there held until out, and the scale for pressed ware will equally as good condiThe quantity of silver coined in India discharged by due course of law." remain the same as last year. would not be regulated by the convenienae There was no order of arrests made folThe Chimney Committee reported the of the Government, but by the wants of drawing their money lowing the verdict They will be expected addition of two new brands of lamp the country. to furnish bonds to-morrow morning, howsitors, the large holdam hold be chimpava to the list but as the scale in


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.


Article from The Providence News, July 19, 1893

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Fort Scott, Kan., Bank Closes. FORT SCOTT, Kan., July 19.-The First National Bank, of this city, the oldest financial institution in southeastern Kansas, has suspended payment.


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-


Article from Evening Journal, July 19, 1893

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EARLY NEWS SUMMARY. Held Responsible for Deaths in the Cold Storage Fire. THE JURY RENDERS A DECISION. Director of Works Burnham, Fire Marshal Murphy. President Skinner and Secretary McDonald, of the Hercules Iron Company. That Built the Building, Found{Guilty. The coroner's jury investigating the Cold Storage fire disaster held Director of Works Burnham, Fire Marshal Murphy, President Skinner, of the Hercules Iron Company, that built the building, and Secretary McDonald, of the same com pany, responsible for the deaths. 4 Denver Bank Failures, The Union National, National Bank of Commerce, Commercial National and Mercantile banks, of Denver, failed and the McNanara dry good house and several other business houses went under owing to the financial panic there. Crusade Against Colored People. Founder Bradley, of Asbury Park, has begun a crusade against the col ored people who monopolize the seats on the beach and pavilions. A Celebrated Case Decided. Judge Acheson in the United States Circuit Court at Erie decided the cele brated case of the Stonemetz Printing Machinery Company vs. the Brown Fold ing Machinery Company in favor of the former. Paid $600,000 in Gold. The New York Sub-Treasury was debtor at the Clearing House to the extent of $669,000, and Treasurer Jorden ordered that the difference should again be paid mostly in gold. Of the total amount $600,000 was paid over in gold and the balance in currency notes. Oldest Bank in Kansas Falls. The First National Bank of Fort Scott, Kan., the oldest financial institution in Southeastern Kansas, suspended payment and the Citizens' Bank at Kan. sas City, the bank of Richmond and the Farmers' and Merchants' Bank at Ossa wattomie have also failed. Prominent Club Man a Forger. : Lloyd Aspinwall, the New York club man, is confined in Yorkville prison, N Y., in default of $5.000 bail, upon the charge of forgery. It is charged that he forged the name of William Aspinwall in indorsing a check. 1 A World's Fair Tradgedy. Miss Emma Garrett, of Philadelphis, who has charge of the Pennsylvania ex t hibit of the work of pupils in institu tions for the blind at the Fair, became 0 insane from overwork and killed herself f by jumping from the fifth story of a hotel. a Meyer, the Poisoner, Arraigned. Dr. Henry C. W. Meyer, the alleged wholesale poisoner, was arraigned be fore Judge Cowing in New York to plead to the indictment charging him with murder. At the request of Lawyer v Joseph Moss. the prisoner's counsel, the judge allowed the case to go over until Thursday.


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-


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.


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.


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


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


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


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.


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.


Article from The Star, August 16, 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 hal that amount. The First national bank of Nashville, Tenn., suspended. It claims assets 0 $3,047,983. The City savings bank also suspended. The Bank of Colfax, at Colfax, Wash., suspended. The Commercial Bank of Minneapolis, Minn., suspended. New Orleans savings banks will require from depositors 60 days' notice of intended withdrawals. 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, la., one of the oldest and best banks in Iowa closed its doors on account o: inability to realize on assets.


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.


Article from The Sun, August 17, 1893

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Suspended Banks Reopen Their Doors. KANSAS CITY. Aug. 16. - The Armourdale Bank at Armourdale. which suspended business in the financial crash in the two Kansas cities one month ago yesterday. has reopened its doors and resumed business. 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 it closed. has issued a notice to depositors saying that the institution is in good financial condition. WASHINGTON. Aug. 16.-The First National Bank of Rico, Col., which suspended payment June 30. 1893. having complied with the conditions imposed by the Comptroller of the Currency. and its capital stock being unimpaired. has been permitted to-day to reopen its doors for business. CLEVELAND. Aug. 16.-The Cardington Banking Company. at Cardington. O., closed its doors this afternoon. Theassets approximate $100. 000 and are said to be sufficient to meet the demands of the creditors. The President of the bank. Major W. G. Beatty. was obliged to make an assignment. and the bank could not weather the trouble brought on by his embarrassment. CARROLLTON. Pa.. Aug. 16.-The banks of Johnston. Bucks county. at Ebensburg. Carrollton. and Hastings. which suspended payments until they could get more money. will open again on Monday morning.


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.


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.


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.