Platte Valley Bank (Central City, NE)

Episode Information

Episode Type
Suspension → Closure
Start Date
June 4, 1892
Location
Central City, Nebraska (41.116, -98.002)
Bank Type
trust

Metadata

Notes

Date taken from list of 1892 business failures; article compiles failures for that year.

Events (1)

1. June 4, 1892 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Listed among the year's business failures, indicating insolvency/failure rather than a mere temporary suspension
Newspaper Excerpt
June 4—Platte Valley bank at Central City, Neb.
Source
newspapers

Newspaper Articles (6)

Article from Waterbury Evening Democrat, January 2, 1893

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Article Text

A GLANCE BACKWARD.

Review of the Many Important Happenings of 1892.

Heavy Business Failures, Startling Casualties and Horrible Crimes—Industrial, Political and Sporting Events, Disastrous Fires of the Year, Etc.

BUSINESS FAILURES.

THE MORE DISASTROUS ONES NOTED—BANKS GENERALLY.

Jan. 11—First national bank, of Muncie, Pa. Jan. 23—First national bank of Downs, Kan.; $100,000. Jan. 25—Bank of Jefferson at Shepherdstown, W. Va. Jan. 29—Fall River county bank at Oelricks, S. D.; $30,000 Butler county bank at Chicora, Pa.; $60,000. Feb. 2—Commercial loan and savings bank at Kearney, Neb.; $150,000. Feb. 3—National bank of Silver City, and Feb. 4—Marcy, Geer & McCann's bank at Raton, N. M.; $800,000. First national bank of Deming, N. M. Feb. 6—Western Farm Mortgage Company at Denver; $1,000,000. Feb. 8—Merchants' bank of Moorehead, Minn.; $175,000. Feb. 26—Newmarket (N. H.) savings bank suspended; $191,000. Mar. 1—Lima (O.) national bank. Mar. 21—Painesville (O.) Savings and Loan Association bank. Mar. 24—American national bank of Birmingham, Ala. Apr. 15—Interstate national bank of New York. Apr. 27—Commercial bank of St. Paul, Minn.; $1,000,000. May 25—People's bank of Sea Isle City, N. J. June 4—Platte Valley bank at Central City, Neb. June 25—First national bank at Erie, Kan., Nesha county; losses, $30,000. Sep. 2—Nebraska State bank, at Crete. Sep. 23—Richmond (Me.) savings bank. Sep. 24—People's bank at Hope, Ark. Oct. 17—Two Nebraska state banks, one at Ainsworth, the other at Springview. Oct. 27—Hot Springs (Ark.) Valley bank (private); $80,000. Nov. 5—Continental bank at Kansas City, Mo. Nov. 30—Stone City bank, of Joliet, Ill., and Joliet Enterprise Co. (barb wire manufacturers); $1,000,000. Dec. 6—Wholesale mercantile firm of Wilczinski & Nelson at Greenville, Miss.; $400,000. Dec. 13—Black Hills national bank at Rapid City, S. D. Dec. 13—Lipman & Co., jute merchants at Dundee, Scotland, failed for $1,250,000. Dec. 15—National bank of Newton, Kan. Dec. 18—Wholesale grocery in Brooklyn, N. Y.; $400,000.


Article from San Antonio Daily Light, January 2, 1893

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Article Text

A GLANCE BACKWARD Review of the Many important Happenings of 1892 BUSINESS FAILURES. The More Disastrous Ones Noted-Banks Generally. Jan. 11. First national bank, of Muncie, Pa. Jan. 23. First national bank of Downs, Kan.;$100,000 Jan. 25. Bank of Jefferson at Shepherdstown, W. Va. Jan. 29. Fall River coun-y bank at Oelricks, S. D.; $30,000. Butler county bank at Chicora, Pa: $60,000. Feb.2. Commercial loan and savings bank at Kearney, Neb.: $150,000. Feb. 3. National bank of Silver City, and First national bank of Deming, N.M. Feb. 6. Western Farm Mortgage Company at Denver; $1,000, 000. Feb. 8. Merchants' bank of Moorhead, Minn.: $175,000. Feb. 26. Newmarket (N. H.) savings bank suspended; $191,000. Mar. 1. Lima (O.) national bank. Mar. 21. Painesville (O.) Savings and Loan Association bank. Mar. 24. American national bank of Birmingham, Ala. Apr. 15. Interstate national bank of New York. Apr. 27. Commercial bank of St. Paul, Minn; $1,000,000. May 25. People's bank of Sea Isle City, N.J. June 4. Platte Vally bank at Central City, Neb. June 25. First national bank at Erie, Kan., Nesha county; losses, $30,000. Sept. 2. Nebraska State bank at Creta. Sept. 23. Richmond (Me.) savings bank. Sept. People's bank at Hope, Ark. Oct. 17. Two Nebraska state banks, one at Ainsworth, the other at Springview. Oct. 27. Hot Springs (Ark.) Valley bank (private); $80,000. Nov 5. Continental bank at Kansas City, Mo. Nov. 30. Stone City bank, of Joliet, III., and Joliet Enterprise Co. (bark wire manufacturers); $1,000,000. Dec.6. Wholesole mercantile firm of Wilezinski & Nelson at Greenville, Miss; $400,000. Dec. 13. Black Hills national bank at Rapid City, S. D. Dec. 13. Lipman & Co., jute merchants at Dundee, Scotland, failed for $1,250,000. Dec. 15. National bank of Newton, Kan. Dec. 18. Wholesale grocery in Brooklyn, N. Y.; $400,000. CASUALITIES.


Article from Herald and News, January 5, 1893

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Article Text

THE MORE DISASTROUS ONES NOTED—BANKS GENERALLY

Jan. 11—First national bank, of Muncie, Pa. Jan. 20—First national bank of Downs, Kan.; $100,000. Jan. 25—Bank of Jefferson at Shepherdstown, W. Va. Jan. 29—Fall River county bank at Oelrichs, S. D.; $30,000 ... Butler county bank at Chicora, Pa.; $60,000. Feb. 2—Commercial loan and savings bank at Kearney, Neb.; $150,000. Feb. 3—National bank of Silver City, and Feb. 4—Marcy, Geer & McCann's bank at Raton, N. M.; $800,000 First national bank of Deming, N. M. Feb. 6—Western Farm Mortgage Company at Denver; $1,000,000. Feb. 8—Merchants' bank of Moorehead, Minn.; $175,000. Feb. 26—Newmarket (N. H.) savings bank suspended; $191,000. Mar. 1—Lima (O.) national bank. Mar. 21—Painesville (O.) Savings and Loan Association bank. Mar. 24—American national bank of Birmingham, Ala. Apr. 15—Interstate national bank of New York. Apr. 27—Commercial bank of St. Paul, Minn.; $1,000,000. May 25—People's bank of Sea Isle City, N. J. June 4—Platte Valley bank at Central City, Neb. June 25—First national bank at Erie, Kan., Nesha county; losses, $30,000. Sep. 2—Nebraska State bank, at Crete. Sep. 23—Richmond (Me.) savings bank. Sep. 24—People's bank at Hope, Ark. Oct. 17—Two Nebraska state banks, one at Ainsworth, the other at Springview. Oct. 27—Hot Springs (Ark.) Valley bank (private); $80,000. Nov. 5—Continental bank at Kansas City, Mo. Nov. 30—Stone City bank, of Joliet, Ill., and Joliet Enterprise Co. (barb wire manufacturers); $1,000,000. Dec. 6—Wholesale mercantile firm of Wilczinski & Nelson at Greenville, Miss.; $100,000. Dec. 13—Black Hills national bank at Rapid City, S. D. Dec. 13—Lipman & Co., jute merchants at Dundee, Scotland, failed for $1,250,000. Dec. 15—National bank of Newton, Kan. Dec. 18—Wholesale grocery in Brooklyn, N. Y.; $400,000.


Article from People's Voice, January 6, 1893

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Article Text

BUSINESS FAILURES. THE MORE DISASTROUS ONES NOTED—BANKS GENERALLY.

Jan. 11—First national bank, of Muncie, Pa. Jan. 23—First national bank of Downs, Kan.; $100,000. Jan. 25—Bank of Jefferson at Shepherdstown, W. Va. Jan. 29—Fall River county bank at Oelricks, S. D.; $30,000 Butler county bank at Chicora, Pa.; $60,000. Feb. 2—Commercial loan and savings bank at Kearney, Neb.; $150,000. Feb. 3—National bank of Silver City, and Feb. 4—Marcy, Geer & McCann's bank at Raton, N. M.; $800,000 First national bank of Deming, N. M. Feb. 6—Western Farm Mortgage Company at Denver; $1,000,000. Feb. 8—Merchants' bank of Moorehead, Minn.; $175,000. Feb. 26—Newmarket (N. H.) savings bank suspended; $191,000. Mar. 1—Lima (O.) national bank. Mar. 21—Painesville (O.) Savings and Loan Association bank. Mar. 24—American national bank of Birmingham, Ala. Apr. 15—Interstate national bank of New York. Apr. 27—Commercial bank of St. Paul, Minn.; $1,000,000. May 25—People's bank of Sea Isle City, N. J. June 4—Platte Valley bank at Central City, Neb. June 25—First national bank at Erie, Kan., Nesha county; losses, $30,000. Sep. 2—Nebraska State bank, at Crete. Sep. 23—Richmond (Me.) savings bank. Sep. 24—People's bank at Hope, Ark. Oct. 17—Two Nebraska state banks, one at Ainsworth, the other at Springview. Oct. 27—Hot Springs (Ark.) Valley bank (private); $80,000. Nov. 5—Continental bank at Kansas City, Mo. Nov. 30—Stone City bank, of Joliet, Ill., and Joliet Enterprise Co. (barb wire manufacturers); $1,000,000. Dec. 6—Wholesale mercantile firm of Wilczinski & Nelson at Greenville, Miss.; $100,000. Dec. 13—Black Hills national bank at Rapid City, S. D. Dec. 13—Lipman & Co., jute merchants at Dundee, Scotland, failed for $1,250,000. Dec. 15—National bank of Newton, Kan. Dec. 18—Wholesale grocery in Brooklyn, N. Y.; $400,000. Dec. 26—E. S. Corser, Minneapolis, real estate dealer; $1,000,000.


Article from Baxter Springs News, January 7, 1893

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Article Text

BUSINESS FAILURES. THE MORE DISASTROUS ONES NOTED—BANKS GENERALLY.

Jan. 11—First national bank, of Muncie, Pa. Jan. 23—First national bank of Downs, Kan.; $100,000. Jan. 25—Bank of Jefferson at Shepherdstown, W. Va. Jan. 29—Fall River county bank at Oelrichs, S. D.; $30,000 Butler county bank at Chicora, Pa.; $60,000. Feb. 2—Commercial loan and savings bank at Kearney, Neb.; $150,000. Feb. 3—National bank of Silver City, and Feb. 4—Marcy, Geer & McCann's bank at Raton, N. M.; $800,000. First national bank of Deming, N. M. Feb. 6—Western Farm Mortgage Company at Denver; $1,000,000. Feb. 8—Merchants' bank of Moorehead, Minn.; $175,000. Feb. 26—Newmarket (N. H.) savings bank suspended; $191,000. Mar. 1—Lima (O.) national bank. Mar. 21—Painesville (O.) Savings and Loan Association bank. Mar. 24—American national bank of Birmingham, Ala. Apr. 15—Interstate national bank of New York. Apr. 27—Commercial bank of St. Paul, Minn.; $1,000,000. May 25—People's bank of Sea Isle City, N. J. June 4—Platte Valley bank at Central City, Neb. June 25—First national bank at Erie, Kan., Neosho county; losses, $30,000. Sep. 2—Nebraska State bank, at Crete. Sep. 23—Richmond (Me.) savings bank. Sep. 24—People's bank at Hope, Ark. Oct. 17—Two Nebraska state banks, one at Ainsworth, the other at Springview. Oct. 27—Hot Springs (Ark.) Valley bank (private); $80,000. Nov. 5—Continental bank at Kansas City, Mo. Nov. 30—Stone City bank, of Joliet, Ill., and Joliet Enterprise Co. (barb wire manufacturers); $1,000,000. Dec. 6—Wholesale mercantile firm of Wilczinski & Nelson at Greenville, Miss.; $100,000. Dec. 13—Black Hills national bank at Rapid City, S. D. Dec. 15—National bank of Newton, Kan. Dec. 18—Wholesale grocery in Brooklyn, N. Y.; $400,000. Dec. 26—E. S. Corser, Minneapolis, real estate dealer; $1,000,000.


Article from The Irish Standard, January 7, 1893

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Article Text

A GLANCE BACKWARD.

Review of the Many Important Happenings of 1892.

Heavy Business Failures, Startling Casualties and Horrible Crimes—Industrial, Political and Sporting Events, Disastrous Fires of the Year, Etc.

BUSINESS FAILURES.

THE MORE DISASTROUS ONES NOTED—BANKS GENERALLY.

Jan. 11—First national bank, of Muncie, Pa. Jan. 23—First national bank of Downs, Kan.; $100,000. Jan. 25—Bank of Jefferson at Shepherdstown, W. Va. Jan. 29—Fall River county bank at Oelricks, S. D.; $30,000 Butler county bank at Chicora, Pa.; $60,000. Feb. 2—Commercial loan and savings bank at Kearney, Neb.; $150,000. Feb. 3—National bank of Silver City, and Feb. 4—Marcy, Geer & McCann's bank at Raton, N. M.; $800,000. First national bank of Deming, N. M. Feb. 6—Western Farm Mortgage Company at Denver; $1,000,000. Feb. 8—Merchants' bank of Moorehead, Minn.; $175,000. Feb. 26—Newmarket (N. H.) savings bank suspended; $191,000. Mar. 1—Lima (O.) national bank. Mar. 21—Painesville (O.) Savings and Loan Association bank. Mar. 24—American national bank of Birmingham, Ala. Apr. 15—Interstate national bank of New York. Apr. 27—Commercial bank of St. Paul, Minn.; $1,000,000. May 25—People's bank of Sea Isle City, N. J. June 4—Platte Valley bank at Central City, Neb. June 25—First national bank at Erie, Kan., Neosho county; losses, $30,000. Sep. 2—Nebraska State bank, at Crete. Sep. 23—Richmond (Me.) savings bank. Sep. 24—People's bank at Hope, Ark. Oct. 17—Two Nebraska state banks, one at Ainsworth, the other at Springview. Oct. 27—Hot Springs (Ark.) Valley bank (private); $80,000. Nov. 5—Continental bank at Kansas City, Mo. Nov. 30—Stone City bank, of Joliet, Ill., and Joliet Enterprise Co. (barb wire manufacturers); $1,000,000. Dec. 6—Wholesale mercantile firm of Wilozinski & Nelson at Greenville, Miss.; $400,000. Dec. 13—Black Hills national bank at Rapid City, S. D. Dec. 13—Lipman & Co., jute merchants at Dundee, Scotland, failed for $1,250,000. Dec. 15—National bank of Newton, Kan. Dec. 18—Wholesale grocery in Brooklyn, N. Y.; $400,000.