Commercial Bank (Springfield, MO)

Episode Information

Episode Type
Suspension โ†’ Closure
Start Date
October 12, 1895
Location
Springfield, Missouri (37.215, -93.298)
Bank Type
trust

Metadata

Events (2)

1. October 12, 1895 Suspension
Cause
Government Action
Cause Details
Closed on recommendation of Gordon Jones, state bank examiner; cashier named temporary receiver.
Newspaper Excerpt
The Commercial bank of this city was closed tonight on recommendation of Gordon Jones, state bank examiner.
Source
newspapers
2. October 13, 1895 Receivership
Newspaper Excerpt
W. B. Shepard was yesterday named receiver of the Commercial bank of this place. Assets $100,000; deposits $30,000.
Source
newspapers

Newspaper Articles (5)

Article from The Herald, October 13, 1895

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Article Text

A Bank Closed SPRINGFIELD, Mo, Oct. 12.-The Commercial bank of this city was closed tonight on recommendation of Gordon Jones. state bank examiner. and W. D. Shepard, the cashier, is temporary receiver.


Article from The Salt Lake Herald, October 13, 1895

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Article Text

SPRINGFIELD

Mo.-The Commercial Bank, of this city, was closed tonight on recommendation of Gordon Jones, state bank examiner, and W. D. Sheppard, the cashier, IS temporary receiver.


Article from The Daily Morning Journal and Courier, October 14, 1895

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Article Text

Receiver for a Bank.

Springfield, Mo., Oct. 13.โ€”W. B. Shepard was yesterday named receiver of the Commercial bank of this place. Assets $100,000; deposits $30,000.


Article from Morris Tribune, October 16, 1895

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Article Text

FINANCE AND TRADE

Prices of anthracite coal are still looking up. The United States ranks 15th among the wine producing nations. A receiver was appointed for. the Commercial bank at Springfield, Mo. New York bank statement shows decreases of $3,500,000 in loans and $6,000,000 in deposits. M. B. Falconer & Co., one of Omaha's large dry goods houses, has been closed on chattel mortgage. A line of steamers from New Orleans to Trieste has been established by the Austro-American company. The sugar trust has abolished its rebate system and adopted some other method of serving the same purpose. Ex-Consul Bates of Singapore advises the introduction of raising Sumatra tobacco on the Southern United States coast. The Golden Reward Mining company of Deadwood, S. D., has sold all its property in that locality to a New York syndicate for $2,000,000.


Article from The Madisonian, October 26, 1895

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Article Text

ing up

The United States ranks 15th among the wine producing nations. A receiver was appointed for the Commercial bank at Springfield, Mo. New York bank statement shows decreases of $3,500,000 in loans and $6,000,000 in deposits. M. B. Falconer & Co., one of Omaha's large dry goods houses, has been closed on chattel mortgage. A line of steamers from New Orleans to Trieste has been established by the Austro-American company. The sugar trust has abolished its rebate system and adopted some other method of serving the same purpose. Ex-Consul Bates of Singapore advises the introduction of raising Sumatra tobacco on the Southern United States coast. The Golden Reward Mining company of Deadwood, S. D., has sold all its property in that locality to a New York syndicate for $2,000,000.