49a83b07Full suspension, Books examined
Other: Depositors' funds said to be returned; Comptroller/Examiners placed in charge and later permitted reopening.
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Louisville City National Bank Assigns. LOTISVILLE. Ky July 24.- - The Louisville City National Bank suspended payment this afternoon. The bank has a capital of $400,000. The bank found it impossible to realize on its assets, owing to the financialstring+ncy. Deposits received today will be returned to the bank's patrons.
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PEOPLE AND PLACES. MUNICH, July 24.-The condition of King Otto of Bavaria is daily becoming worse. TACOMA, Wash.. July 24. - The Tacoma National bank did not open its doors this morning. PLAINVIEW, Neb., July 24. The Plainview State bank was robbed last night of $30,000 cash. and in consequence did not open its doors this morning. NEW YORK, July 24.-Henry Bach, wholesale clothing. No. 737 Broadway.with branches in Boston and Chicago, is financially embarrassed. His liabilities are over $100,000. CONNERSVILLE, Ind., July 24. The Citizens' bank. owned by ex-United States Treasurer Huston, has failed. No statement of assets or liabilities. Depositors will. it is said, be paid in full. WASHINGTON, July 24.-The treasury is informed that 15 persons, eight of them federal officials, have been indicted at Portland, Ore., for smuggling Chinese and opium into the United States. LOUISVILLE, Ky., July The Louis= ville City National bank suspended this afternoon. It has a capital of $400,000. It was impossible to realize on assets. Deposits received to-day will be returned. NEW YORK. July 21.-One hundred and twenty-eight thousand ounces of silver will be shipped to-morrow. Two hundred thousand dollars of gold arrived to-day from Europe and $270,000 from Havana. MANCHESTER, N. H., July 24.-The National Bank of the Commonwealth will suspend payment to-morrow. Its assets and liabilities about $625,000. The sus. pension of the New Hampshire Trust company precipitated this. SYRACUSE, N. Y., July 24.-The extensive manufacturing firm, Bradley & Co., went into a receiver's hands this afternoon. The firm manufactured trip hammers, wagons and fancy carriages and filters. The buildings and plant are valued at $500,000. The liabilities are about $350,000. DENVER, July 21. - Bank Examiner Lazar says: All the six suspended banks here have enough assets to resume in time and that a plan is on foot to get depositors to accept certificates of deposit payable in instalments giving them time to realize on their assets and prevent enforced liquidation. ASBURY PARK, July 21.-One hundred and forty members of the First brigade of the New Jersey National guard. now in camp at Sea Girt, are prostrated by some mysterious poison, the nature of which is not known. It may have come from OX+ alic acid gathesed in their tin cups. which had been stored since last summer. It is not thought that any of the men will die. WASHINGTON. July 24.-The grand jury found true bills against Col. Frederick C. Ainsworth, chief of record and pension division of the war department. George W. Dart. the contractor employed to make excavation for the electric light plant. W. E. Covert, superintendent, and Francis Casse. engineer. holding them responsible for the old Ford theater disaster last June in which 23 persons lost their lives, and a large number were injured.
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ONCERNING BUSINESS AND FINANCE. WASHINGTON, July 24.-Two hundred and eighty-six thousand ounces of silver were offered for sale to the Treasury Deartment to-day at prices ranging from 0.6975 to $0.750 per ounce, all of which were declined and $0.6960 tendered. New YORK, July 24.-Two hundred and twenty-eight thousand ounces of silver will be shipped out on the first steamer to-morrow. Two hundred thousand dollars in gold arrived to-day from Europe and $270,000 from Havana. The amount of clearing house certificates outstanding is $31,950,000, a small lot having been retired this morning. The demand for currency for shipment to interior at the principal banks and subtreasury was much smaller than expected. At the sub-treasury not an application had been received up to noon. Sterling exchange, if anything, is easier, but the market was so dull that it was difficult to give it a tone. The supply of bills was moderate, the mail receipts being smaller than generally looked for. CONNORSVILLE, IND., July 24.-The Citizens Bank, owned by ex-United States Treasurer Huston, failed to open its doors this morning owing to the stringency. Liabilities and assets not yet known. The depositors will, it is said, be paid in full. LOUISVIBLE, Kr., July 24.-The Louisville City National bank suspended payment at 1:20 lock this afterndon. The
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Leading Louisville Bank Suspends. LOUISVILLE, July 25. - The Louisville City National bank suspended payment yesterday. Its suspension was expected, as it has been weak for some time. William Pope, the teller of this bank, walked off one Saturday evening in March, 1889, with $60,000 buttoned under his overcoat. He was accompanied by a prominent young society man, and they have never been heard from since. The City National has never recovered from this and other losses.
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BANK FAILURES. Suspension of the National of Louisville. LOUISVILLE. July 24.-The Louisville City National Bank closed its doors this afternoon. Since the financial stringency began the bank has exerted itself to increase its cash resources, but could make little headway against the general tendency. The steady daily drain was too much for it. The last statement, made July 20, showed the following: Capital stock paid in, $400,000; surplus, $80,000; undivided profits, $22,796. It is hardly probable that the bank will resume. Three years ARO W. H. Pope, its teller, fied with over $70,000, and this was a hard blow to the bank. Bank Examiner Escoll has been placed in charge. The depositors will be paid in full. MILWAUKEE, July 24.-John B. Koetting, cashier of the defunct South Side Savings Bank, has disappeared from the city, and simultaneously the discovery has been made that the general ledge of the institution is not among the effects of the the cashier says bank. President left Trumpff Milwaukee of the last bank Friday and before taking his departure left with him (Trumpff) a power of attorney to convert his real estate and homestead. worth $50,000. into cash for the benefit of the bank's creditors. John Barth was appointed receiver of the bank to-night. TACOMA. July 24.-The Tacoma National Bank failed 10 open this morning. It was one of the best and most conservative banks in the city. Its deposit accounts were very large. and since the failare of the Merchants' National early in June it has been made a special point of attack by frightened depositors. In the last seven weeks it has paid out nearly 50 per cent of its deposits. The bank is believed to be entirely sol. vent, and its officers are confident it will reopen within thirty days. The failure was followed by slightly increased withdrawals from other banks, but no other failures are anticipated, as all other banks are said to be well fortified with cash. GREAT FALLS, Mont., July 24.-The Merchants' National Bank closed its doors at noon. A notice signed by the airectors stated that all depositors will be paid in full. The property of President Banks was attached on Saturday for $25,000, and he was deposed. The assets and lin bilities are not yet known. The bank held $21,000 of city, $32,000 of county and $20,000 of State funds, but has little or no ready money on hand. There is no uneasiness about other banks, PLAINVIEW, Nebr.. July 24.-ThePlain-
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MORE WESTERN BANKS FAIL. EX-UNITED STATES TREASURER HUSTONS INSTITUTION AMONG THEM. THE LOUISVILLE CITY NATIONAL SUSPENDS PAYMENT-MANY POOR PEOPLE IN CHICAGO LIKELY TO LOSE THEIR SAVINGS. Connorsville, Ind., July 24.-The Citizens' Bank, owned by ex-United States Treasurer Huston, failed to open its doors this morning, owing to the financial stringency. The liabilities will not exceed $150,000. The depositors will, it is said. be paid in full. In an interview Mr. Huston said, regarding the suspension of the bank: "It is my misfortune. None of the depositors or creditors will lose a cent. My personal property will more than cover all liabilities, to say nothing about the real estate. It will not affect any of the industries in which I am interested in the least. The real cause of the suspension 1s the rumors that have been spread abroad that I was Interested in foreign speculations and thad lost heavily. There is nothing in the story, but it had the effect to scare quite a number of my depositors. which left me in a crippled condition. The bank is my own individual property, and every dollar that I am worth will stand good for my liabilities. No one will lose anything. All that I ask is a little time, and everything will be adjusted satisfactorily. I have been building up a business for twenty years here. and always took pride in my honesty. Now I have the opportunity to show the people that I am honest. I want no one to lose anything, not even those who have been Instrumental in bringing my misfortume about." Louisville. July 24.-The Louisville City National Bank suspended payment at 1:20 o'clock this afternoon. It has a capital of $400,000. The announcement that it had closed for business was not anexpected. The bank found that It was impossible to realize on the assets. owing to the financial stringency. Deposits received to-day will be returned to the bank's patrons. Tacoma. Wash., July 24.-The Tacoma National Bank. one of the strongest in the Northwest, suspended this morning. It has been assisting other banks in the city for the last six months. Great Falls, Mont., July 24.-The Merchants' National Bank closed its doors to-day at noon. A notice, signed by the directors, stating that all the depositors will be paid in full, was posted. Milwaukee, July 24.-It was expected that the runs of Saturday on several of the banks would be renewed to-day, but none were started, and. unless something unforeseen again disturbs the business world, matters at the banks will be in their normal condition in a few days. It has been definitely decided that the Milwaukee National Bank will soon reopen its doors. Chicago, July 24 (Special).-Bradford & Church, bankers, of Dearborn-st., have closed their financial institution. The deposits are said to aggregate be tween $20,000 and $30,000. A year ago E. D. and J. D. Bradford made some money in a land deal at Tolleston, Ind., and soon afterward opened a private bank. The first thing they did after having their sign painted was to distributed several thousand small iron banks among the poor people of Chicago. The banks could be opened only by the Bradfords. When one of these receptacles was filled with small coins the holder would take it to B:adford's, have It emptied and get credit in a deposit book for the amount. Last March E. D. Bradford retired, and George Church was admitted as junior partner. Nearly a month ago Bradford and Church went away and have not been seen since then. Frank V. Homer. the cashier, was left in charge. and about a week ago he disappeared. Since that time nothing has been seen of anyone connected with the bank.
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# LATE TELEGRAMS # BOILED DOWN FROM PRIVATE SPECIAL AND OTHER SOURCES. King of Batavia is dying of paralysis. Victoria court martial resumes sittings. The Choctaw hanging bee is not yet settled. Hogg was officially received at camp today. The runs on Milwaukee banks have stopped. Plainview state bank, Neb., robbed of $3000. The blockade of Siam will commence this week. Mining troubles at Weir City, Ks. quieting down. Rockport is by odds the gayest coast town in Texas. Diaz banquets the diplomatic corps, at Chapultepec. Mails arrive at City of Mexico after 5 days detention. The suspended Denver National banks will all resume. Louisville city national suspends, capital $100,000. Chinese inspector Archer, is removed at New Orleans. Italy officially announces no cholera on her territory. America has no citizens or interests in Siam to protect. W. F. McClanahan is deputy U. S. collector a Sabine Pass. There are 500 regulars and 1500 militia in camp at Austin. Mexican crop reports good; silver rules low and depresses trade. Many of the suspended national banks are preparing to resume. Germany is waiting for France to overreach herself in the east. A. R. Carter jailed at Galveston under 13 charges of embezzlement. French elections are fixed for Aug. 20; secondary elections Sep. 3. Gladstone's financial clause of Home Rule bill passes 226 to 191 The camp location and facilities are an improvement on last year. Cleveland wants Wilson as house leader and Crisp prefers McMillan. Ariosa coffee mills, Brooklyn N. Y., close down; 800 men out of work. Russia is moving into the Pamir country as France moves upon Siam. The situation is regarded as very critical in English parlamentary circles. Thursday is "poor childrens day" at Chicago fair. All waifs enter free. Report on Chicago building received at Washington but not made public. If cholera has appeared at Naples the authorities are concealing the facts. Naples is quarantined against, but there is no ceriainty of any cholera there. France is not satisfied with Siam's reply to her ultimatum and war is imminent. Jones & Laughlin's steel plant, Pittsburg, Pa., resumes; it employs 5000 hands. Members of "Opposition club" arrested at Piedras Negras for inciting revolution. Bradley & Co., Syracuse manufacturers assign; assets $500,000; liabilities $350,000. Siamese commissioner at Chicago says Siam will eat the French up if they invade her soil. Wild engine dashes into a freight on the Sunset, seven miles east of Houston, killing two persons. Nova Scotia lighthousekeeper's family poisoned by rain water caught on a newly painted roof. The French minister resident at Bangkok lowers his flag and will board a French ship Wednesday. Government employes all over Mexico are giving a per cent of their salaries to pay the public debt.
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A LOUISVILLE BANK SUSPENDS. The City National Bank Unable to Stand the Pressure. LOUISVILLE, Ky., July 24.-The Louisville City National bank closed its doors this afternoon. Since the financial stringency began the bank has exerted every power to increase its cash resources, but could make little headway against the general tendency and the steady draw was too much for it. The last statement, July 20, showed capital stock paid in $400,000, surplus $80,000, undivided profits $22,796. It is hardly probable that the bank will resume. Three years ago W. H. Page, its teller, fled with over $70,000. This was a hard blow to the bank. Bank Examiner Exall has been placed in charge. Depositors will be paid in full.
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GONE UNDER. THE KENTUCKY NATIONAL AND THE LOUISVILLE CITY NATIONAL CLOSE THEIR DOORS. Uneasy Depositors Make a Rush and The Banks Go Out of Business. THE OLD BRECKINRIDGE SAFE. Last Saturday morning the Kentucky National Bank, of Louisville, closed its doors and suspended businsss. This did not create a great surprise in financial circles, as it had been known for some time that the bank was in straightened circumstances. The failure, however, created an uneasiness among depositors in other banks, and on Monday there was such a rush made on the Louisville City National, which was also known to be hovering between life and death, that it was forced to suspend payment at 1:30 o'clock in the afternoon. This, of course, created some excitement, coming, as it did, right on the heels of the Kentucky National's failure. A wild rumor was in circulation over in Tobin's Bottom yesterday that the Breckinridge Bank, of this city, had been caught for a considerable amount by the fa lure of the Kentucky National and this we wish to correct. A NEWS man in conversation with a prominent official of the Breckinridge Bank yesterday learned that this bank was in no way connected with the unfortunate Louisville banks, and had lost nothing by their suspension. The Bre ckinridge Bank has done no business with them for years and was in no shape to be caught. The patrons of the Breckinridge Bank need suffer no uneasiness, for it is on a safe footing. It has plenty of money and is well able to pay every cent of its liabilities at a moments notice. LATER. Business was hardly opened yesterday morning till two other Louisville banks were forced to close their doors. These were the Louisville Deposit Bank and the Merchant's National Bank. Their suspension was caused by a rush of depositors, demanding their money. STILL LATER. The Fourth National Bank, of Louis ville, shut up shop yestorday afternoon, and great excitement is prevailing.
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GONE UNDER. THE KENTUCKY NATIONAL AID THE LOUISVILLE CITY NAT IONAL CLOSE THEIR DOORS. Uneasy Depositors Make a Ruh and The Banks Go Out of Business. THE OLD BRECKINRIDGE SAFE Last Saturday morning the Kentucky National Bank, of Louisville, closed its doors and suspended businsss. This did not create a great surprise in financial circles, as it had been known for some time that the bank was in straightene circumstances. The failure, however created an uneasiness among depositors in other banks, and on Monday there was such a rush made on the Louisville City National, which was also known to be hovering between life and death, that it was forced to suspend payment at 1:30 o'clock in the afternoon. This, of course, created some excitement, coming, as it did, right on the heels of the Kentucky National's failure. A wild rumor was in circulation over in Tobin's Bottom yesterday that the Breckinridge Bank, of this city, had been caught for a considerable amount by the fa lure of the Kentucky National and this we wish to correct. A News man in conversation with a prominest official of the Breckinridge Bank yesterday learned that this bank was in m way connected with the unfortunate Louisville banks, and had lost nothing by their suspension. The Br. ckinridge Bank has done no business with then for years and was in no shape to be caught. The patrons of the Breckinridge Bank need suffer no uneasiness, for it is on a safe footing. It has plenty of money and is well able to pay every cent of its liabilities at a moments notice. LATER. Business was hardly opened yesterday morning till two other Louisville banks were forced to close their doors. These were the Louisville Deposit Bank and the Merchant's National Bank. Their suspension was caused by a rush of depositors, demanding their money. STILL LATER. The Fourth National Bank, of Louis ville, shut up shop yeste rday afternoon, and great excitement is prevailing.
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THREE MORE IN LOUISVILLE, Two National and a Private Bank Forced to Close Up. Special to the Indianapolis Journal. LOUISVILLE, July 25.-Panic reigned in banking circles here to-day, and as a result three more failures are added to the list, making five since Saturday for Louisville. Runs were in progress on all the banks and none can tell where the trouble will end. The institutions gone up to-day are the Merchants' National, the Fourth National and the Louisville Deposit Bank. The Merchants' was the first to go. Half an hour later the Deposit Bank posted a notice and about the same time the Fourth National went to the wall. At that hour the excitement was running high and every one of half a dozen banks was crowded with depositors who were in line waiting their turn with the paying teller. The first failure of the present crisis was that of the Kentucky National Bank, Saturday. Then came the Louisville City National Monday, after the intervention of a Sunday holiday. and the Merchants' National. The Louisville Deposit and the Fourth National to-day. The failing of the Merchants' National was caused by the withdrawals of country banks and country depositors. The Louisville Deposit was the only bank in the city not a member of the clearing-house association, and, in its time of need, none of the other banks would give it any assistance whatever. The suspension of the Fourth National was a result of the panic. For a week there has been a stendy pulling out of deposits. This changed into a run after the suspension of the Kentucky National last Saturday. and the run continued Monday and Tuesday, and until the funds were exhansted to-day. The Merchants' National was capitalized at $500,000. and J. H. Lindenberger is president. The Fourth National has a capital of $300,000. and a surplus of $5,000; George Davis is president. The Lonisville Deposit Bank has a capital of $800.000, and a surplus of $16,128; Moses Sch wartz 18 president. The last state. ment of the Fourth National was as follows: Resources.
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A CRITICAL DAY IN LOUISVILLE. MERCHANT NATIONAL, THE LOUISVILLE DEPOSIT AND THE FOURTH NATIONAL SUSPEND. Louisville, July 25.-This will prove a memorable day in the financial history of Louisville. At 10 o'Clock this morning the Merchants' National Bank posted a notice of syspension and half an hour later the failure of the Louisville Deposit Bank was announced. By this time there were runs upon half a dozen banks in the city. They all stood the pressure except one-the Fourth Navional-which closed its doors in the Board of Trade building at 1 o'clock. At that hour the excitement was running high and every one of half a dozen banks was crowded with depositors, who were in line waiting their turn with the paying-teller. The first failure of the present crisis was that of the Kentucky National Bank, on Saturday. Then came the Louisville City National Bank on Monday. The failure of the Merchants' National to-day was caused by the withdrawals of country banks and country depositors. The Louisville Deposit was the only bank in the city not a member of the Clearing (House Association, and in Its time of need none of the other banks would give it any assistance. The suspension of the Fourth National was a result of the ranic. For a week there has been a steady pulling out of deposits. This changed into a rún after the suspension of the Kentucky National last Saturday and the run continued Monday and Tuesday and until all the funds were exhausted to-day. The failures are not considered bad ones. Depositors in the two National banks will be paid in full and the loss to stockholders will not be more than 60 per cent in either case. The Merchants' National Bank is capitalized at $500,000 and J. H. Lindenberver is president. The Fourth National has a capital of $300,000 and a surplus of $35,000. George Davis is president. The Louisville Deposit Bank has a capital of $300,000 and a surplus of $16,128. Moses Schwartz is president.
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The Flurry In Louisville. LOUISVILLE, July 26-A memorable day in the history of Louisville has just passed. The Merchants' National bank posted a notice of suspension, and half an hour later the failure of the Louisville Deposit bank was announced. By this time half a dozen banks in the city were being run on by depositorsmostly small sums. They all stood the pressure except one-the Fourth National -which closed its doors in the board of trade building. Excitement was running high, and every one of half a dozen banks was crowded with depositors, who were in line waiting their turn with the paying teller. The first failure of the present crisis was that of the Kentucky National bank on Saturday. Then came the Louisville City National bank Monday, after the intervention of a Sunday holiday, and then the Merchants' bank, the Louisville Deposit and Fourth National.
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Other Bank Troubles. MEDFORD. Wis., July 25.-The Taylor County Bank. owned by Hartman and Matt. assigned yesterday for the benefit of creditors to F. L. Urquhart. The bank was the depository for county and city funds. Assets are given at sconded. $16,000. Herman Matt. the cashier. has abCONNORSVILLE, Ind., July 25.-The liabilities of the Citizens' Bank. which failed yesterday. are about $150,000. Mr. Huston's total assets will reach near $500.000. He holds more than enough collateral to liquidate the total indebtedness of the bank as soon as it can be realized upon. WASHINGTON, July 25.-Examiner Ford has been directed to assume charge of the failed Louisville City National Bank of Louisville, Examiner Escott of the failed Kentucky National Bank of Louisville, Examiner Young of the failed Indianapolis National Bank of Indianapolis. Examiner McDonald of the failed First National Bank of Orlanda. Fla., and Examiner Wilson of the failed Merchants' National Bank of Great Falls. Mon. The Comptroller of the Currency is advised that the Hutchinson National Bank of Hutchinson. Kan., which failed some time ago, is preparing to resume business. The First National Bank of Cisco. Tex., which suspended payment on the third instant. having complied with the conditions imposed by the Comptroller of the Currency. has been permitted to reopen its doors for business. The abstract of the condition of the national banks in Chicago. Ill., on July 12 last. shows the reserve to have been 30.6 per cent. The total lonns and discounts were $81,853,000: individual deposits. $66,000,000; surplus fund. $11,522,000, and gold and gold certificates. $12,500,000. The reserve for Detroit was 24.80, and for Minneapolis, 27.21 per cent.
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THREE FAIL AT LOUISVILLE. Merchants' National, Louisville Deposit and Fourth National. LOUISVILLE, July 25.-This will prove a memorable day in the financial history of Louisville. At 10 o'clock this morning the Merchants' national bank posted a notice of suspension, and half an hour later the failure of the Louisville deposit bank was announced. By this time half a dozen banks in the city were being run by depositors, mostly small ones. They all stood the pressure except one, the Fourth national, which closed its doors in the Board of Trade building at 10 o'clock. At that hour the excitement was running high, and every one of a half dozen banks was crowded with depositors, who were in line awaiting their turn with the paying teller. The first failure of the present crisis was that of the Kentucky national bank Saturday. Then came the Louisville city national Monday, after the intervention of a Sunday holiday, and the Merchants' national, the Louisville deposit and the Fourth national today The failure of the Merchants' national was caused by the withdrawals of country banks and country depositors. The Louisville deposit was the only bank in the city not a member of the Clearing house association and in its time of need none of the other banks would give it any assistance whatever The suspension of the Fourth national was a result of the panic. There has been a steady pulling out of deposits. This changed into a run after the suspension of the Kentucky national last Saturday, and the run continued Monday and Tuesday and until all the funds were exhausted today. None of the failures are considered bad ones. Depositors in the two national banks will be paid in full, and the loss to stockholders will not be more than 60 per cent. in either case. The Merchants' national bank is capitalized at $500,000, and J. H. Lindenberger is president. The Fourth national has a capital of $300,000, a surplus of $35,000. George Davis is president. The Louisville deposit bank has a capital of $300,000 and a surplus of $16,128. Moses Schwartz is president. The Deposit bank was not a member of the clearing house. It was organized just before the Baring failure, and naturally its career has been a stormy one. It determined to have business; went for it, and in a little while it secured a handsome deposit. Cashier Ohligschlager said to a Post reporter that the bank was abundantly able to meet its liabilities if it could realize on its assets, and he assures the depositors that they will lose nothing. The Banks Solvent. President Davis of the Fourth national was seen just after the closing of the doors. "All the information we have to give out at this time." he said, "is that no one will lose a mill by our suspension." President Lindenberger of the Merchants' national said: "The bank is abundantly solvent, and there is no sort of doubt that the depositors will be paid in full. It is my judgment, from a calm view of the prospect as now presented. that the stockholders will receive the face value of their shares. Had the bank gone on without having to close the realization would have been greater, but even with the disadvantages under which we are now laboring I do not think they will lose anything." The Merchants' national bank of Louisville was organized as a national bank on July 5, 1874, succeeding the Merchants' bank of Kentucky, which had been operating under a charter from the state since Sept. 1, 1860. The Fourth national was organized in 1883. Shortly after the assignment of his bank. President Moses Schwartz filed an individual assignment in the county clerk's office to the same assignee, the Germania safety vault and trust company. All his personal assets are given over into the hands of the assignee. The Sweetwood distillery company also made an assignment by its president, Moses Schwartz, at 12:45 o'clock this afternoon, to the Germania safety vault and trust company. Mr. Schwartz could not say what the liabilities amounted to, and felt too bad to talk about the matter. Jake Schwartz, the liquor dealer, announced today that he had suspended. He owes $70,000, three-fourths of which he says is secured, and with time he claims he can pay off the rest and have something for himself. Lately he did business at Third and Main. He is a brother of Moses Schwartz, president of the assigned Louisville deposit bank. At 1:15 o'clock this afternoon a small run was caused on the German bank by an old colored woman, who had $50 deposited there. She did not have the certificate with her and demanded that she be given her money without identification. The noise she made attracted attention, and in a few moments a hundred people were about. The bank officials sent for Police Lieut. Jacobs and had a strong box, said to contain $300,000, brought over from the Louisville trust company. The money was spread out on the counter and the cashier announced that he was ready to pay off any and all
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Allowed to Reopen. WASHINGTON, Aug. 29.-The following national banks, which recently sus= pended payment, have today been permitted to reopen their doors for business: The German National Bank of Denver, Col.; the State National Bank of Denver, Col.; the First National Bank of Canon City, Col.; the Louisville City National bank, of Louisville, Ky.; the Merchants' National Bank of Louisville, Ky.; the First National Bank of Ashland, Wis., and the First National Bank of Platteville, Wis.
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Allowed to Reopen. WASHINGTON, Aug. 29.-The following national banks, which recently suspended payment, have today been permitted to reopen their doors for business: The German National Bank of Denver. Col.; the State National Ban k of Denver, Col.; the First National Bank of Canon City, Col.; the Louisville City National bank, of Louisville, Ky.; the Merchants' National Bank of Louisville, Ky.; the First National Bank of Ashland, Wis., and the First National Bank of Platteville, Wis.
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Banks Authorized to Resume. WASHINGTON. Aug. 30.-The following National banks, which recently suspended payment. were permitted to reopen their doors for business yesterday: The German National Bank and the State National Bank. of Denver; the First National Bank of Canon City, Col.: the Louisville City National Bank and the Merchants' National Bank. of Louisville, Ky.: the First National Bank, of Ashland. Wis.. and the First National Bank, of Platteville, Wis.
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More Banks Resume. The following additional national banks, which recently suspended payment, have been permitted to reopen their doors for business, viz: The German National Bank of Denver, Colorado, the State National Bank of Denver, Colorado, the First National Bank of Canon City, Colorado, the Louisville City National Bank of Louisville, Kentucky, the Merchants' National Bank of Louisville, Kentucky, the First National Bank of Ashland, Wisconsin, and the First National Bank of Platteville, Wisconsin.
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National Banks Resume Business. WASHINGTON. Aug. 29.-The following national banks, which recently suspended Dayment. to-day have been permitted to reopen their doors for business. viz.: The German National Bank and the State National Bank of Denver: the First National Bank of Cañon City. Col.: the Louisville City National Bank, Louisville: the Merchants' National Bank of Louisville: the First National Bank of Ashland. Wis., and the First National Bank of Platteville. Wis. Application for authority to organize a national bank was to-day approved by the Comptroller of the Currency for the First National Bank of Woodward. Indian Territory. The Comptroller has authorized the following national banks to reopen on Sept. 1: The American National Bank of Omaha. Neb., and the American National Bank of Nashville, Tenn. The following national banks in Mankato, Minn.. have been authorized to reopen for business on Sept. 7: The First National Bank of Mankato. the National Citizens' Bank of Mankato, and the Mankato National Bank.
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FIFTY-THIRD CONGRESS. r AFTER ITS TWO WEEKS DEBATE THE HOUSE TOOK A REST. No Business of Importance Transacted-In S the Senate the Wilson Bill Came From Committee With Recommendation of Voorhees Bill as Substitute S SENATE. WASHINGTON, Aug. 29.-In the senate today Senator Teller objected to immediate consideration of the repeal bill and it went over. Senator Stewart's resolution inquiring about the condition of the treasury was referred to the finance committee. Senator Gordon advocated the unconditional repeal of the Sherman act. HOUSE. After a little routine business in the house Mr. Catchings called up the report of the committee on rules to govern the house of the Fifty-third congress, which the house proceeded to consider. The debate was very lengthy, Ex-Speaker Reed, Speaker Crisp, Messrs. Springer, Boatner, Bryan and others participating. Mr. Springer introduced a bill to coin seignoirage silver in the treasury, and the house adjourned. . WILSON BILL IN SENATE. 1 The senate committee on finance de cided to report back to the senate the Wilson bill with the recommendation that the Voorhees bill already on the calendar be substituted for it. The \ € committee also resolved to press the bill as rapidly as possible. BANKS RESUMING. The following national banks recently suspended are permitted to re-open for business: German National and Denver; First National, Canon City, Col.; Louisville City National and Merchants National, Louisville; First National, Ashland, Wis., and First National, Platteville, Wis. 9 CONFIRMATIONS. t The senate today confirmed L C p Ross, receiver of public moneys at 6 Oklahoma: Edward G Spillman, 9 register of the land office at Kingfisher, O.T.
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More Banks Resume. LOUISVILLE, KY., Aug. 31.-Two more suspended banks, the Louisville City National and the Merchants National, resumed business yesterday.
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Two Suspended Banks Resume. Louisville, Ky., Aug. 31.-Two more suspended banks, the Louisville City National and Merchants' National, resumed business yesterday.
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THE WORLD AT LARGE. Summary of the Daily News. WASHINGTON NOTES. REPRESENTATIVE GEARY, of California, author of the Chinese exclusion act, called on Secretary Gresham and urged him to enforce the law. Mr. Geary received very little satisfaction. SECRETARY HOKE SMITH has revoked the former ruling of the department, which held that ditches, canals and reservoirs for irrigating purposes cannot be located on unsurveyed public land. IN view of the present peaceful condition of affairs in Samoa Secretary Herbert will not send a naval vessel to Apia for some time to come to represent the interests of the United States in Samoa. SECRETARY CARLISLE does not approve the bill to permit extension of the time in which whisky may lie in bonded warehouses without incurring the penalty. He believes the matter is not of sufficient importance to justify special legislation. SECRETARY CARLISLE has recommended an immediate appropriation of $300,000 for continuing the coinage of fractional silver coin and one of $44,000 for distinctive paper for printing treasury notes. THE department of agriculture has received cable advices that the French government will admit American for age into France free of duty. THE treasury is paying out gold now. Its paper resources are exhausted because of heavy expenditures. JOHN QUINCY, assistant secretary of state, has resigned, in order that he may take charge of the democratic campaign in Massachusetts. YUNG Yu, the new Chinese ambassador to the United States, says there will be no retaliation for the Geary act until its provisions are actually enforced. THE following named banks, which recently suspended payment, have been permitted to reopen their doors for business: State national bank, of Vernon, Tex.: First national bank, of San Marcos, Tex.: First national bank, of Lockhart. Tex. A REPORT has gained circulation that the president has recently been operated on for cancer, but his friends say there is not a word of truth in it. THE senate has confirmed E. G. Spillman, West Virginia. register of the land office at Kingfisher, Ok. A fight was made against him because he was not a resident of Oklahoma, but he won. THE following national banks which recently suspended payment have been permitted to reopen their doors for business: German national bank, of Denver, Col.; State national bank. Denver; First national bank, of Canon City, Col.. Louisville City National bank, of Louisville; Merchants national bank, of Louisville: the First national bank, of Ashland, Wis.