770. First National Bank (Los Angeles, CA)

Bank Information

Episode Type
Run → Suspension → Reopening
Bank Type
national
Bank ID
2491
Charter Number
2491
Start Date
June 18, 1893
Location
Los Angeles, California (34.052, -118.244)

Metadata

Model
gpt-5-mini
Short Digest
3574953bf966d039

Response Measures

Accommodated withdrawals, Public signal of financial health, Capital injected, Full suspension, Books examined

Description

Newspaper accounts (June 18–22, 1893) describe runs on the First National, heavy withdrawals (~$600,000+), and closure by the board on June 21. Closure was temporary: Comptroller authorization and press reports show the bank was permitted to resume and reopened by mid-July 1893. Cause of the run is described as contagious panic following suspensions of other local/state banks and general national stringency. OCR corrected minor numerals (e.g., $600,000). No receivership recorded for this bank in the articles.

Events (5)

1. August 16, 1880 Chartered
Source
historical_nic
2. June 18, 1893 Run
Cause
Local Banks
Cause Details
Early reports mention a slight run on June 18 amid general panicky conditions; the broader panic tied to suspensions of other local/state banks.
Measures
Paid withdrawals promptly; extra paying tellers employed; paid after banking hours when necessary.
Newspaper Excerpt
A slight run occurred on the First National this morning, but did not amount to much
Source
newspapers
3. June 21, 1893 Run
Cause
Local Banks
Cause Details
Depositors frightened by suspension of other banks (State and University banks) and general panicky national conditions led to heavy withdrawals (~$600,000+).
Measures
Paid out large sums in coin; opened extra paying windows/tellers; public statements of solvency by officials.
Newspaper Excerpt
a heavy run upon the bank amounting to over $600,000, the bank had been closed by order of the board of directors
Source
newspapers
4. June 21, 1893 Suspension
Cause
Local Banks
Cause Details
Suspension/closure by board was a direct consequence of the heavy run and surrounding bank suspensions causing liquidity strain.
Newspaper Excerpt
owing to the heavy run upon the bank amounting to over $600,000, the bank was closed by order of the board of directors
Source
newspapers
5. July 14, 1893 Reopening
Newspaper Excerpt
Comptroller of currency to-day authorized the First National bank of Los Angeles, Cal., ... to resume business. The banks will resume with plenty of money, none of which is borrowed, but obtained by the collection of amounts due on notes or supplied by the directors.
Source
newspapers

Newspaper Articles (24)

Article from The Herald, June 18, 1893

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culated on the street, the most important of which was that money had been drawn from the bank after banking hours. He said that.the officials had attempted to raise money from other banks, but could not, as they required all the money they had on hand. A number of business men were aware of the run that was being made on the bank, but declined to withdraw their money, and thus embarrass the institution. Several business houses are reported in straightened circumetances, and if the defunct bank should fail to meet its obligations a collapse would likely OCcur. Business closed today without any failure in commercial circles. The other three banks are in a sound condition and nothing in the way of a financial crisis is expected. More than $100,000 in gold coin has been placed in the other banks in the past two days. One bank has cash on hand to the amount of $208,600, while its entire deposits and debts amount to $204,250, which is an excellent showing. The city treasurer has a small sum on deposit in the closed bank. The county treasurer has a deposit amounting to $26,500 in it also, which is secured by an indemnity bond, while the county clerk had placed about $1600 in its vaults for safe-keeping. They do not feel at all uneasy, but are of the opinion that they will be paid in full. A slight run occurred on the First National this morning, but did not amount to much, as it has more than enough money on hand to pay off all depositors. The streets are quiet and no further trouble is expected. The closed bank may open Tuesday, but no assurance could be given.


Article from The Herald, June 21, 1893

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when they reached the teller's window received hia coin without delay. To expedite matters somewhat two paying windows were opened and for the last two hours a double row of depositore walked up and received their cash. Unobeerved through all the eagerness of the seekers after coin. came depositors, they were little thought of yesterday, yet they came all the same. All the business men who have dealings with the bank sent in their deposite as usual and that one thing beyond all others, proves that the solvency and stability of the bank is assured. Promptly at 3 o clock the doors were closed, those depositors who were inside the bank at the time being allowed to remain and get their money. After that, entrance could only be secured through the side door, and only then after H searching inquiry from an officer in charge. Nevertheless, about 10 minutes after 3 o'clock a business man pushed a his way in and in the presence of HERALD reporter made a deposit. MAJOR BONEBRAKE TALKS. Maj. George H. Bonebrake, the president, said to a HERALD reporter, after closing hours yesterday, that he had nothing to say, DO statement to make, and he could not in the least account for the run beyond the general panicky con. dition which at present prevailed over the whole country. "There is, one thing, however," said he, "you can state that this bank is solvent; that it has enough money to pay two dollars for every one on deposit, and this run can go on as long as it wants to, all demands will be met." THE FIRST NATIONAL, The excitement spread to the patrons ef the First National and the officials paid out money as fast as possible. Three extra paying tellers were employed, and no hesitation was shown in meeting any and all demands. Mr. J. M. Eiliott, president of the First National bank, was extremely fatigued from the exertions of the day. He did not at first seem to care to make any statement, but finally said: "You can state that there have been a number of withdrawals of deposits, but the institution has met every one promptly, even after the hour of closing. As to the condition of the other banks I can not state. What means, if any, to be provided to meet the emergency will rest with the action of the clearance house." SOUTHERN CALIFORNIA NATIONAL. During the morning the Southern California National bank, in the Nadeau block, corner of First and Spring streets, transacted much the same business as usual. There was not much of a crowd in the bank at any one time, and it louied as if there would be nothing much to chronicle out of the usual in its transactions. In the afternoon, however, there was a change, and before the bank had closed $100,000 in coin hak been paid out over the counter to depositors. President Breed said to a reporter that the condition of the bank was first-rate, and its resources were weil in hand. He hoped there would be more reason on the part of the depositors in the banks today than yesterday, believing that none of them could stand the steady drain on their resources that would follow a general run. It could not be expected that banks kept all their deposits on hand, and they would be obliged to have time to meet an extraordinasy demand. He thought, however, that if all the banks should close it would be only a few days before they would resume. He did not believe that, even if they should close, the depositors would lose a dollar, with the exception, possibly, of one or two. "Referring to his own bank he called the attention to the stockholdera and their resources, mentioning David Remick, who is worth at least $1,000,000; W. H. Avery, $500,000; John Bryeon, ar., S. W. Little, Erastus Wells of St. Louis, worth several millions; W. H.


Article from The Indianapolis Journal, June 22, 1893

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Bank Failures in California, Los ANGELES, Cal., June 21.-Four banks closed their doors to-day. They were the First National, Southern California, Broadway Bank and East Side Bank. All claim that the depositors will be paid in full. The failures were caused by theouspension yesterday of the State and University banks, also of this city. Depositors became frightened and wanted their money at once. The liabilities of the First National are $1,250,000; assets. 81,730,000. The other institutions are, comparatively speaking. small concerns. As a result of the Los Angeles failures the Consolidated National Bank, of San Diego, also closed its doors to-day.


Article from Abendblatt Der Illinois Staats-Zeitung, June 22, 1893

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Die Bantgrippe. Die Geuche, die man bank run nennt, ift auf ihrem RunDlauf auch in der Stadt Ser Engel - Los Angeles - eingetroffen Die und hat im Gturme vier Banten, ",Southern California Banf", Crite Ra= tionalbanf, Broadman Banf und Caftide Bant, niedergeftreett. Mehr als Techsmal Sunderttaufens Dollars waren in menigen Tagen Der (Friten Nationalbank entzogen worden and da Das Bolf feine Bernunft annehmen mollte, musten Sie Bahlungen Sen eingeftellt merden. Gleiches mar mit übrigen Banten, Die vorhin genannt mour den, der Fall. run hat der Bantrebifor Sie GerberDing erit por ganz furzer Beit Banfen unterjucht und geftern baraufhin Sie Heußerung gethan: Bornirtheit wäre faum fräftig genug, den gegenwärtigen Un= fturm auf dortige Banfen 311 bezeichnen Senn günftiger geitellt jeien Diefelben noch nicht gerveien. was fümmert fich aber der Underftand um Gründe; nach Gründen fucht derjelbe überhaupt nicht. Wie biel= leicht bei ganz blindem Barm Sie Menge Sem Dusgange zii eilt und Drängt, ohne Rüdficht Darauf, men fie in ihrer tollen Saft niedertrampele, io wälzt fich auch das Bolf auf ein blobes (Serücht hin nach den Gtätten hin, mo es jeine Criparnifie hin= terlegt hat, indem Jeder dem Underen nor= zufommen fucht, ohne Rüdficht Darauf, dat den Letten die Sunde beigen. Reiner will Sex Gebiffene fein. Denn alle Gläubiger fann Sie Bant boch nicht auf einmal befrie= Sigen, 10 menig mie der einzelne Geichäfts= mann, menn auch eine Bermögenstage eine noch 10 glänzense märe. 2luf der Grundlage Des Predits beruht das ganze Gejchäftsleben. Das (Sine fönnte ohne das Undere nicht beftehen. In Can Diego, der anderen Sauptitast in Cubcalifornien, hat die Bahlungsein= ftellung der LOS Ungelefer Banfen die zeit= meiligeCinftellung SerGejchäfte in Der,, (Sonjolidated National Bant" zur Folge gehabt und in der damit eng aufammenhängenben ",Gabings Bant of Gan Diego". 50 müffen die Gläubiger der lefteren mit unter dem Unberftand Der Thoren in LOS Ungeles leiben und in den nächiten Iagen mird man auch bon Banfbritchen in Nord= californien and Die ganze Stüfte hinauf bis nach Waihington 311 hören betommen. Die Bantgrippe muß eben ihren RunSlauf bollenben.


Article from The Seattle Post-Intelligencer, June 22, 1893

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Los Angeles Business Troubles. Los ANGELES, June 21.-Several banks in Los Angeles, including the First National, the Southern California, the Broadway and East Side, have temporarily suspended payment. The assets in all cases largely exceed the liabilities, and depositors will be paid in full. The City bank and the Universe bank are also temporarily embarrassed.


Article from Fort Worth Gazette, June 22, 1893

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FOUR BANK Los Angeles, Cal., June 21.-Pour closed their doors today. They with first national. the Southern California the Broadway and the East Hill A large crowd assembled at the of First and Spring streets I it noon. At 10 o'clock a notice with upon the door of the Southern the effect that the today. nia would bank ot to open All eyes turned to the Los Angeles National on the opposite side of the other crowd was in front of the De geles and the Farmers and Memo banks. While there had been all rumors 0 the street about the people in the crowd. a large whom were curiosity-suchers doesnoy the doors would open at the usual when a notice was placed on the the First National to the effect the ing to a heavy run on the bank asics to over $600.000, the bank WAS class the directors. The East Side bank's doors bark following notice: "On account of at MAY ing able to cash our New York Francisco exchange TO are BE to close our danta. Depositors paid in full."


Article from The Morning Call, June 22, 1893

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absolutely no excuse for the present crazy run on them. The deposits in nineteen Los Angeles banks on January 1 aggregated about $11,000,000, which is an increase of more than a million dollars during the year. A careful review of the situation at the close of business to-day indicates that the financial atmosphere is clearing. The arrival of n large amount of coin from the north, aggregating $250,000, and the announcement that $500,000 more would ATrive to-day had a reassuring effect, which was shown from the fact that as the closing hour approached there was a falling off rather than an increase in the number of depositors about the various banks. As stated there was an increased demand at the Farmers' and Merchants' Bank for a short time during the morning, but this was checked by the arrival of $250,000 of gold coin from San Francisco in charge of I. W. Hellman. Mr. Hellman stated that this amount was drawn entirely from his own personal resources and that not one cent of it was from the Nevada Bank. The bank will receive $500,000 additional this morning and it will open its doors with over a million in coin in its vaults. which it is believed will be more than enough to meet all demands. During the day $120,000 was withdrawn and deposits made aggregated $65,000 to $75,000. The run on the Los Angeles National Bank was continued throughout the day up to the closing hours, but rather diminished Instead of increased as 3 o'clock approached. The bank remained open during the entire day and did not take advantage of the notice issued that it would keep open but one hour. The demands were light compared with the previous day and offers of assistance were received aggregating $65,000. The Southern California Railroad Company made its usual deposit to-day. On investigation by the Supervisors the deposit of county funds, amounting to $46,500. was found intact. The strong fight made by Major Bonebrake in the face of the most unprecedented run has attracted general attention, and be has received many congratulations and substantial offers of assistance in consequence. There is nothing new in regard to the banks which failed to open this morning. The solvency of the First National and the Southern California is beyond question and every dollar will be paid, which condition exists as to all other hanks which have suspended. There was no run to speak of on any of the other banks of the city, and it is believed that there will not be any. The Bank of America received a heavy accommodation from the Farmers' and Merchants'. and has $125,000 in cash resources in San Francisco which will be available to-day and which will enable i to meet all demands. The savings banks are enforcing the notice rule, and there is no trouble of any sort in these institutions reported. It is estimated that about $3,000,000 has been withdrawn from the banks during the present crisis, and so far not a single mercantile failure has been reported.


Article from Deseret Evening News, June 22, 1893

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fornia to the effect that the bank would not open today. A large crowd was In front of the First National and the Farmer's and Merchants's bank. A notice was placed upon the doors of the First National to the effect that owing to a heavy run upon the bank amounting to over $600,000, the bank had been closed by order of the board of direct. orn. The East Side bank doors bore the following notice: "On account of not being able to cash New York and San Francisco exchange. we are compelled to close the doors. Depositors will be paid in full." Promptly at 10 o'clock this morning the Los Angeles National Bank opened its doore. A long line of depositors stretching along the street extending north on Spring street for over one hundred feet, were on hand. Just be. fore the iron gates swung open Mayor Bonebrake appeared on the steps bare. headed as he appeared yesterday and addressing the crowd said: "Not a depositor of this vault will lose a dollar of his money, for the bank can pay two dollars for one. I appeal to de. positors to have patience." The speech was greeted with cheers. The Farmere' and Mechanics' bank stood a strong pull on its coffer. The officers declared they were prepared to meet any demand. President J. M. Elliott of the First National said: "When this thing commenced We had over $800,000 cash in hand and with our correspondents subject to check at sight, and we considered our. selves from the class of paper held, in a most excellent condition. The unprecedented run of the past two days, during which time We have paid checks of over $600,000, was more # than we could stand. The amount of t liabilities to depositors will be some# where in the vicinity of $250,000. against which we have all our billie rc. ceivable, the capital and surplus which will amount in the aggregate to $500,000 more than this sum." whe Brooklyn bank on the corner of Sixth and Broadway, failed to open # this morning. Against the glass of the door was a notice that depositors would be all paid. The only liabilities are # call deposits. Twelve thousand dollarsin certificates of deposits are due t in September, and $10,000 shortly after, 0 a total of $22,000, besides commercial , loans well secured of $40,000, and , other securities of $20,000, a total of $66,000. SUSPENDED PAYMENT. SAN DIEGO, Cal., June 21.-Following in the wake of the financial troubles in Los Angeles the Consoli, dated National bank suspended pay. ment this morning. A notice on the f door gives as the reason the financial f stringency and declares that depositors , will be paid. The assets are said to be 1 much larger than the liabilities but B no complete statement is now obtainr able. / The Savings bank of San Diego, f which has an office with the Consolit dated National and which is closely S related in management, suspended at the same time. The Consolidated is one of the largest and had been considered the most substantial in town. H Owing to the run consequent upon the 1 morning suspensions, the First National closed its doors this afternoon. It is r thought it will be amply able to meet all liabilities. No statement is now obtainable.


Article from The Salt Lake Herald, June 22, 1893

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of the First National was to the effect that owing to the heavy run upon the bank amounting to over $60,000, the bank was closed by order of the board of directors. The East Side bank doors bore the following notice: "On account of not being able to cash New York and San Francisco exchange, we are compelled to close our doors. Depositors will be paid in full." A. Gerberding, one of the state commissioners, arrived here yesterday. He is now in charge of the State bank, the City and University, which suspended yesterday. Mr. Gerberding says from a cursory examination of the University bank made last night he found that the bank owes $14,000 and has $30,000 assets. Gerberding says idiotic would not be too strong a term to apply to the senseless run on the banks here now, as they were never in better condition. Promptly at 10 o'clock this morning the Los Angeles National bank opened its doors. A long line of depositors, stretching along Curb street and extending north on Spring street for over 100 feet, were on hand under police escort, to take turns in entering the bank. Just before the iron gates swung open, Major Bonebrake appeared on the steps bareheaded as he


Article from The Herald, June 26, 1893

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A THING OF THE PAST. NOTHING LEFT OF THE PANIC BUT REMINDERS. This Week will See Several Suspended Banks Reopened--The Northern Press and the bonds of the Consolidated Electric. probable that today or tomorrow the second of the suspended banks to resume will be the Broadway though the University is likely to run it a close race on getting its doors open again. Judge Widney on Saturday succeeded in making his bank stronger than it had been before the crash. The First National is morally certain to be open in a few days and it is learned will be 80 strengthened in both its capital and stockholders as to be one of the most formidable institutions in Southern California, President Breed of the Southern California has things well in hand for resumption and all in all the situation is pleasant and every prospect pleases. REMINISCENCES OF THE RUN. A few reminders of the craze are yet to be seen. Nearly all of the merchants have placards posted in their windows to the effect that they will take checks on any bank in payment of accounts. An enterprising barber has put out a similar sign and people can pay for their shaves with checks on the First Na. tional, University or City bank. A saloon man on Spring street diaplays this sign: "Despite the run on us we are still open. The hotter the times the cooler the drinks." THE CONSOLIDATED RAILWAY. The San Franciaco papers have, during the recent panic, shown again the animosity which seema to prevail in the north against Southern California institutions. In view of the fact that the Pacific bank which closed last week in San Francisco held some bonds of the consolidated system of street railways of Los Angeles, the papers there have taken occasion to deery the value of these lines. As far as this vast property goes itisall right, and more than that can bear comparison with the San Francisco lines in 8 most satisfactory way in fact if it comes to a show-down, it is doubtful if San Francisco capitalists would enjoy a thorough showing up of the condition of their roads. In these times a backhanded slap at any important institution of Los Angeles is a proper subject for inquiry. A HERALD reporter yesterday found Superintendent Aiken of the cable railway who has been with the company six or eight years and Receiver Trask justly indignant at the aspersion on the bonde in question, which, whilenot yet technically covering both the cable and electric systems will do so, and by agreement of all parties concerned do so now. As an indication of how things have been scaled down and the satisfactory condition of the affairs of these lines a few figures may not be amiss. When Mr. Holmes of Chicago took "the street railways of this city some years ago there were only about 20 miles of track. He succeeded in a short time in floating bonds on this system to the amount of $3,640,000, and added a floating debt of $1,000,000. making the entire liabilities $4,640,000. At the present time the system, virtually consisting of all the cable and all the electric, and nearly all the horse-car lines, has only a bonded indebtedness of $3,000,000, on a mileage, including horsecar lines, of 110 miles, and with earnings three times what they were in Mr. Holmes' day. As stated, these bonda about which the northern press has had


Article from The Herald, June 27, 1893

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ALL DOING WELL. THE SUSPENDED BANKS GETTING READY FOR BUSINESS. The First National to Be ReorganizedThe University to Reopen this Week-The Southern California Only Waiting for the Word. The suspended banks are all busy preparatory for business. At the First National yesterday no definite statement could be obtained as to its plans further than that the bank would be reorganized, and that when it did open it would be stronger than before. THE UNIVERSITY. President Widney of the University bank yesterday etated to a HERALD re. porter that his bank would reopen some day this week, and gave out the following correspondence: To Hon. W. H.H. Hart, Attorney-General: DEAR SIR: In compliance with the law we beg leave to report that we have examined the affairs of the University bank of Los Angeles and submit the following: $132 905 90 Amountdue depositors Amount due banks 7,890 63 $140,796 53 The bank has solvent aasets equal to double this amount, and in addition thereto the directors have transferred to the bank, in trust for the depositore, real estate valued at double the amount due creditore. We therefore recommend that the University bank be permitted to resume business as soon as possible. Yours respectfully, A. GERBERDING C.H. DUNSMOOR, Bank Com's. To the University Bank of Los Angeles: GENTLEMEN: In view of the above report, and concurring with the commissioners therein, I direct that said bank may resume business on its obtaining sufficient money, in your judgment, to meet the demands of depositors in the ordinary course of business. WM. H. H. HART, Yours truly, Attorney-General. "We will open some day this week," said Judge Widney, "as soon as we have cash enough on hand. There is no bank in the state that can make the showing we do of four dollars to one in assets, and when we open any depositor who tries to draw his money out from feelings of insecurity cught to be drummed out of the city.' " THE SOUTHERN CALIFORNIA. The officials of this bank were all happy yesterday. They said that they were ready to reaume just as soon as permission is received from the comptroller of the currency, which would unquestionably be given inside of a week or 10 days. BROADWAY BANK. The state bank commissioners, C. H. Dunemoor and A. Gerbarding, made the following statement to Attorney-General Hart yesterday: Upon examination of the Broadway bank, we beg to advise you that the total amount due depositors is $22,400, and the total of assets is $60,000. This bank has arranged with its depositore to defer payment upon all but $3000, and we recommend that it be permitted to resume business at the earliest opportunity. Attorney-General Hart replied as followe: "I have examined the report of the bank commissioners herewith handed to you in reference to the present condition of your bank, and I agree with the commissioners in the conclusions reached by them. and direct that you open immediately for business.


Article from River Falls Journal, June 29, 1893

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WEST AND SOUTH. IOWA republicans will hold their state convention at Des Moines August 15. IN the state of Washington ten government inspectors were detected in aiding in smuggling in Chinese by means of fraudulent certificates and in permitting opium smuggling either by connivance or otherwise. IN Chicago the American Railway union, a new society to embrace every branch of the service, was organized with Eugene V. Debbs, of Terre Haute, Ind., as president. BURGLARS murdered Thomas Cordway and his sister at their home near Logansport, La. FOUR negroes were killed and many others wounded in a row at an emancipation day celebration at Flat Prairie, Tex. THE West Virginia building on the world's fair grounds was dedicated, the day being the thirtieth anniversary of the birth of the state. AT the Cheyenne agency in Montana enlisted Indians had a fight with other Indians and five of the latter were killed. THROUGHOUT North and South Carolina and Georgia an earthquake shock was felt. AN edict issued by the school commissioners dismissed all married teachers in the public schools in St. Louis. THE doors of the University bank and City savings bank at Los Angeles, Cal., were closed. ATJanesville, Wis., Charles P. Whalen was sentenced to twenty-five years' imprisonment for the murder of Gerald Spaulding. A CIRCUS tent was struck by lightning at River Falls, Wis., and seven persons were killed and thirty injured. SEVERAL exhibiters at the world's fair met and recorded themselves as being unalterably opposed to the opening of the gates on Sunday, not only on moral grounds but from a financial standpoint as well, and decided to enter suit for an injunction to have the gates closed on Sunday. AT a railway crossing near Lima, O., Charles Keller and his wife and John Steinbaugh were killed by the cars. AT his home in Menlo Park Leland Stanford, United States senator from California, died suddenly in his 70th year. Heart disease was the cause. He leaves a wife and property valued at $50,000,000. NEAR Winimae, Ind., Charles Mettonay and his horse and forty head of cattle were buried out of sight in quicksand. THE doors of the Citizens' savings bank of Portsmouth, O., were closed, with liabilities of $300,000. THE firm of Sloan. Johnson & Co., wholesale grocers at Omaha, Neb., failed for $160,000. IN Los Angeles, Cal., the First national, Southern California, Broadway bank and East Side bank closed their doors, and at San Diego the Consolidated national bank and the Savings bank suspended. A CYCLONE at Williamstown and the surrounding country in Jefferson county, Kan., killed twenty persons and destroyed thirty houses and many barns. IN Chicago Baird & Bradley, real es tate dealers, made a voluntary assign-. ment with assets estimated at $600,000 and liabilities at $400,000. METHODISTS have decided not to withdraw their world's fair exhibit on account of Sunday opening, but it will be covered up on the Sabbath. The church committee adopted resolutions in which they declare that the act of the directory in turning aside from keeping its pledge of honor to the congress and people of the United States will be conspicuous in the future as an act of perfidy beclouding the business integrity of the citizens of Chicago which years of shame will not remove.


Article from The News-Herald, June 29, 1893

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NEWS ITEMS. The Columbus caravels, en route to Chicago, will stop at Cleveland, O. Two deaths from cholera occurred at Calais Thursday, and the disease is still spreading. The Ellsworth Packing and Provision Co., of Chicago, made an assignment Wednesday. Louis Dreyfus, wealthy merchant of Long Branch, N. J., killed himself while on a spree. The Delaware, (0.), hazers refuse to pay attorneys' fees, and will now be arrested and the old case revived. Cholera reports from Mecca show that from June 16 to June 20 there were 830 deaths from cholera in that city. The race for the Seaton Delaval plate of 1,200 sovereigns at London, was won by Chinchin, Sir Jacob second, Guiser third. The Peruvian government has fined the Peruvian corporation £5,000 for non-compliance with the terms of the contract. Mrs. Mary Brainard, a poor widow of Michigan City, Ind., has just fallen heir to $50,000, left by a bachelor brother at Cleveland, O. Ecuador has sent to Lord Rosebery a formal protest against the further encroachment by the British on Venezuelan territory. Mrs. Annie Teagarden suicided with morphine at Indianapolis through grief for the death of her mother: and brother within two weeks. Gen. Crespo has formally assumed the presidency of Venezuela under the constitution. The assembly named him for the short term Dr. R. P. Gordon, of Hebron, Ky., who was jolted out of a cable car in the La Salle street tunnel, Chicago, while asleep, died of his injuries Cholera is decreasing HApidly throughout Russia. In Bessarabia, Podila, Kurs ka and Orel only an occasional death and a few fresh cases are now reported. Four banks at Los Angeles, Cal., closed their doors Wednesday. They were the First national, Southern California, Broadway bank and East Side bank. The as used by Wm. E. Gladstone in trees on his estate of will on felling be placed exhibition Hawarden within in the Forestry building, World's fair, a few days. The First National bank at Kendallville, Ind., has been forced to close its doors. It was regarded as one of the soundest banking institutions in northern Indiana. Superintendent of Schools Strauss, of W. Va., clared innocent of the Parkersburg, charge has been brought deA.C. Stephenson causing her death by severe by daughter's Mrs. of and sarcastic comment Friday morning at Griffith, on the & Erie, a young man named to board a Chicago Weeks attempted fell moving under train at Valparaiso, Ind., and the wheels Both legs were cut off above the knees. The Russian press censorship has forbidden the Russian press to discuss the Franco-Russian commercial treaty just on the ground a commercial compact concluded, purely that and it with- is out significance. Woodman, Miss political Phoebe the married favorite of Poet Whittier, was at Mass., Thursday to the artist. The Calliga, niece Danvers, couple Mr. did J. not H. meet until last winter. and it was a case of love at first sight. Charles Roeser, jr., of Wisconsin, chief topographer of the post office department died in Washington Friday of He was of served in the war in age night and apoplexy. the 49 Thomas. commis- years sary department, under Gen. The Citizen's Savings bank, of Portsmouth, O., assigned Wednesday morning to A. F. Holcomb and Frank M. Smith. A run on the bank made this step necessary. The liabilities are something over $300,000, and assets over $400,000. Alarming reports have come from farmers throughout Bartholome and counties in of the Hessian fly in In ravages adjoining Indiana wheat. of the many fields it has been found that one stock in every six has been attacked by the fly. The national association of swine breeders, in session at DesMoines, Ia., by the election has Dawson, organized president; of H.C. of Nebraska, for of vice president, A. J. Seagraves, Indiana; secretary and treasurer, Wm. McFadden, of Iowa.


Article from The Times, June 30, 1893

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ENLISTED Thaians nau a light WITH other Indians at the Chevenne agency in Montana and five of the latter were killed. ROBERT E. PHILLIPS and Arthur Mead, prominent members of the were Boston chamber of commerce, drowned by the upsetting of a boat. FISHER BROTHERS, cloak manufacturers in New York, failed for $150,000. felt AN earthquake shock was throughout North and South Carolina and Georgia. BY edict issued by the school commissioners all married teachers in the public schools in St. Louis have been dismissed. FOUR persons were burned to death in a fire that destroyed the Bunnel block in Duluth, Minn. FOUR banks closed their doors in Los Angeles, Cal. They were the First national. Southern California, Broadway bank and East side bank. At San Diego the Consolidated national bank and the Savings bank suspended. THE collections of internal revenue for the eleven months of the current fiscal year amounted to $145,682,390, an increase over the corresponding period of the last fiscal year of $7,457,403. FRANCIS SPIES, vice consul for Honcommitted suicide in New York. Utah Clothing duras, THE Manufacturing failed for company at Salt Lake City $100,000. CYCLONE that passed through Williamstown and the surrounding counin Jefferson county, Kan., killed try twenty persons and destroyed thirty houses and many barns. THE Duryea Portland Cement company's cement plant near Montezuma, loss N. Y., was destroyed by fire, the being $125,000. SLOAN, JOHNSON & Co., wholesale grocers at Omaha, Neb., have failed for $160,000. THE Citizens' savings bank of Portsmouth, O., closed its doors, with liabilities of $300,000. CHARLES R. METTONAY and his horse nd forty h ead of cattle were buried out of sight in quicksand near Winimac, Ind. A CYCLONE passed through Adair county, Ia., and Lake Contrary and Conception, Mo. At the latter point three persons were killed and great damage was done. C. CRANE & Co., Cincinnati lumber dealers, failed for $150,000. FRED L. KENT, cashier of the First national bank of Ellsworth, Me., was said to be a defaulter in the sum of $19,000. struck a circus tent at Wis., and seven River LIGHTNING Falls, persons were killed and thirty injured. JOHN HARRISON and wife, of Leadville, Col., drew $1,500, their savings of years, from the bank, and the money was stolen the same day. CHARLES KELLER and his wife and John Steinbaugh were killed by the cars at a railway crossing near Lima, O. THE national convention of Women's Amateur Musical clubs met in Chicago. NEAR Phalanx, O., Preston Osborn, his wife and two of their children and a man named Heintzslman were fatally poisoned by some ingredient that had afbeen mixed with their coffee. The fair was shrouded in mystery. CHARLES P. WHALEN was sentenced at Janesville, Wis., to twenty-five years imprisonment for the murder of Gerald Spaulding. A NUMBER of exhibiters at the world's fair met and recorded themselves as being unalterably opposed to the opening of the world's fair gates on Sunday, not only on moral grounds but from a financial standpoint as well, and decided to enter suit for an injunction to have the gates closed on Sunday. THE Methodists have decided not to withdraw their world's fair exhibit on account of Sunday opening, but it The will be covered up on the Sabbath. church committee adopted resolutions in declare that the act of the in turning its of honor to keeping which directory they pledge aside the States from conand people of the United will in the as an gress be conspicuous future business act of perfidy beclouding the of the citizens of Chicago of shame will not which integrity years killed remove. by FIVE men were instantly an explosion of gas in a mine at Nanticoke, Pa. THE Columbia liberty bell, the tribute to the shrine of will in Chicago for of which many ring independence, the first time July 4, was successfully cast at the Clinton & Meneely bell foundry in Troy, N.Y. BAIRD & BRADLEY, real estate dealers in Chicago, made a voluntary assignment with assets estimated at $600, 000 and liabilities at $400,000. SUPERIOR JUDGE GRANT decided in favor of Sacramento and against San Jose in the California capital removal case. FOREST fires in the western part of Pueblo, Col., were doing enormous damage. BANKS closed their doors at Santa Anna, Cal., San Diego, Cal., Pomona Cal., Ontario, Cal., Greenville, Mich and Ridgeway, Me. JACOB HAJANEKI, of Akron, O., fatal ly shot his wife and then stabbed him self fatally. No cause was known. THREE men who were put in jail the evening before a fire at Virginia, Minn. were burned to death. armored THE big cruiser nearly Maine, four which has been building for years at the Brooklyn navy yard, was


Article from The Herald, July 5, 1893

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THE BANKS WILL OPEN. a MISLEADING TIMES STATEMENT FULLY CONTRADIOTED Comptroller of the Currency Kohles Has Not Expressed an Unfavorable Opinion-No R. ceiver for the First National. The HERALD was "ecooped" yesterd on a very important piece of new by the Times, the only trouble about ch ilio "news" being that it was ottrud. latter journal printed a local article headed to the effect that Comptrolier the Currency Eckela had written a 100ter to some person unnamed in this city, which letter was received on Monday. stating that he would deny permission to the suspended national banks to open, unlees a sufficient number of de positors indicated a willingness for the institutions to resume. The article produced a decided EPOHA tion, and if yesterday had been a busi nees day, another wild panic might have resulted from its alarming tone but fortunately for all parties appear that, according to the statements of officere of the banks, and other gentlemen referred to, there is not a eingle word of truth to it. THE SOUTHERN CALIFORNIA BANK The article commences with the fol lowing statement A letter was received yesterday from Hon.J./. Eckles, comptroller of the currency, in which that official declines to archorized the reopening of the Souther California bank, unless a sufficient number of customers and depositors indicate their willingness to have the bank continue business. "Immediately on receipt of this letter the following petition was prepared and circulated among those who are on the bank's ledger as customers, and was very generally signed "Los ANGELES, July 3, 1893. "To the Hon. J. H. Eckles, Controller of the Currency, Washington, D. O.Sir: We, the undersigned, being customers and depositors of the Southern California bank of Los Angeles, having perfect confidence in said bank and its management, and being perfectly eatisfied its temporary suspension was not on account of mismanagement, and our confidence not having been shaken by its temporary supension, we hereby express our willingness to continue business with said bank, and hereby respectfully request that you grant permission for it's speedy reopening. 'When completed, the petition will be transmitted by telegraph to the comptroller of the currency by Senator White, with a statement as to the names attached to the document. With reference to this newturn of affairs, it has been explained that this is but a part of the red tape now in vogue in the comptroller's office. Mr. Ecklee has been known to express himself as opposed to the reopening of suspended national banks, unless upon the strongs th showing, and the urgent demand of depositors. In regard to the Southern California National bank, it is now strongertati ever, and has been ready and anxious to reopen for several days, only awaiting the permission of the comptroller. In putting itself in its present strong position to resume payment the bank makes the proud boast that it has not called upon single patron to pay his account, unless overdue.' A HERALD reporter at once, on reading the above, called on Mr. Bosbyshell, of the bank, and asked him about the matter. "You may say," he answered, "that we have not even had a hint from Mr. Eckles or ny other official that we will not be permitted to resume. In fact there is overy reason to believe that we will be allowed to open our doors at an early date. The comptroller has not denied permission to resume, nor is such a thing possible, as he could not have received Examiner Wightman's report until yesterday, and, furthermore, he has not been asked to let us reopen. We make no request of the comptroller. The whole matter is treated through the examiner's report, and only that way. The latter part of the article's reference to us is correct, we are all ready toopen, and have more than enough cash on hand to meet any possible demand. "The assertion that we were compelled to get the depositors to sign the petition to the comptroller referred to is also without foundation. It was our own idea and was not ordered from Washington. "I have no right to speak for Examiner Wightman and his report, but feel justified in saying that it will be strongly in favor of our immediate reopening. as there is no reason in the world why it should not be.' THE FIRST NATIONAL. The Times' article then goes on to say "It was ascertained yesterday that for several days there has been a movement on foot looking to the appointment of a receiver for the First National bank, and that John E. Plater of the Bank of America was being urged for the place; in fact, that strong letters had been sent to the comptroller of the currency, recommending his appointment to the position in case such a step became necessary. The bank has applied for permission to reopen, which been refused, except under the same conditions as those imposed on the Southern California.' Mr. Plater, when seen a said: to ship HERALD would has been reporter, offered me, yesterday 'No and member- think by I know of it if such 8 thing were contemnlated


Article from The Morning Call, July 7, 1893

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play a part in the selection of the Speaker. The announcement that there is a possibility that Bland may be replaced as chairman of the Committee of Coinage, Weights and Measures has them to renewed efforts. Stories of an attempted combination between the free silver advocates and the Populists to place a candidate for the speakership in the field unless they have an assurance from Crisp that Bland will be retained at the head f"the committee are floating about. but are not generally credited, for, though it is openly said by some that Bland will not again be chairman of the committee, there are no facts that would warrant such an assertion. Crisp has not even intimated such a thing. Among the more conservative the impression is that Bland will lead the committee. This would not, however, indicate that the entire committee will remain. It is known that Crisp has made absolutely no pledges one way or the other. Senator Harris, President pro tem. of the Senate, says there will be filibustering in the Senate against the bill to rapeal the Sherman law. Comptroller Eckels states that from information given out in his office yesterday he directed Bank Examiner Wilson to take charge of the First National Bank of Albuquerque, N. Mex., through a mistake. The name of the failed bank is the Albuquerque (N. Mex.) National Bank. Five national banks failed yesterday and this morning, as reported to Comptroller Eckels. They were: The American National Bank of Paeblo, Colo.; Central National Bank of Pueblo, Colo.; Puget Sound National Bank at Everett, Wash.; National Bank of Ashland, Ashland, Nebr., and the First National Bank of Winston, N. C. Comptroller Ecke's has directed Examiner Brown to assume charge of the two above-named failed banks at Pueblo, Examiner Horine of the failed Ashland Bank, Examiner Cleary of the failed Everett Bank and Examiner Carscadon of theifailed Winston Bank. The Comptroller of the Currency has been informed that the First National Bank of Los Angeles and the Southern California Bank of the same place, both of which suspended recently, will open their doors again for business within a few days. The Comptroller has also been informed that the First National Bank of San Diego, which reopened for business yesterday, has received deposits to the amount of $25,000, as against withdrawals to the amount of $8000. This is regarded as evidence of returning confidence. The Washington National Bank of Spokane reopened for business this morning. The gold in the treasury now amounts to $96,778,943.


Article from The Herald, July 7, 1893

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ties of the Fourth, the Times has been trying to lie itself into line again. It has half admitted its roorbacks and without contrition desires again to stand in line with a community which it has tried to wreck. There is a difference between the Times as a liar and the celebrated Baron Munchausen, and it is altogether in favor of the Baron. That distinguished nobleman sometimes told stories that were not within the lines of ordinary probability. But when, observing the countenances of his auditors, he saw some signs of incredulity, he always placed his hand on the hilt of his sword, with the remark that he had been very careful to keep his narratives within the bounds of truth, and if any gentleman doubted his statements he was ready to fight him at any time or place, or with any weapons. Our esteemed contemporary differs from Baron Munchausen in every respect, and most remarkably in that it has swallowed the receivership story for the First National bank, and has practically admitted that it told a lie when it said that the Controller of the Currency, in advance of the receipt of Examiner Wightman's report, insisted that the depositors of the Southern California should unite in a petition for the resumption of that bank. Having eaten its leek, and laboriously denied everything that it asserted, we suppose that we can leave our esteemed contemporary to the universal contempt of a community which it has unsuccessfully tried to wreck.


Article from St. Paul Daily Globe, July 7, 1893

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local land officers will be made at present. RESUMING BUSIN ESS. California Banks to Reopen in a Few Days. WASHINGTON, July 6.-The comptroller of the currency is informed that the First National Bank of Los Angeles, Cal., and the Southern California bank of the same place, which suspended recently, will open their doors for business again within a few days. Comptroller Eckels is adopting precautions in all cases where suspended banks apply for permission to resume, to make sure that the banks are put on an absolutely sound basis before the request is granted, in order to guard against a second suspension within a short time. The comptroller is informed that the First National Bank of San Diego, Cal.. which reopened for business yesterday, received deposits to the amount of $25,000 as against withdrawals to the amount of $8,000. This IS regarded as an evidence of returning confidence.


Article from The Morning Call, July 11, 1893

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OPENED THEIR DOORS. Two of the Suspended Los Angeles Banks Resume Business. Los ANGELES, July 10.-The Southern California National Bank and the University Bank opened their doors this morning. It was expected that the Southern California Bank would open, but the opening of the University Bank was something of a surprise, though they were in condition to open several days ago. The First National Bank is still closed and is only waiting for orders from Comptroller Eckels to follow the example of the Southern California. Only two banks now remain closed of the six that closed two weeks ago. The City Bank is in the hands of the receiver and will not reopen. The First National Bank felt the rush the worst, having nearly a million dollars withdrawn. But the First National has many wealthy stockholders and friends and will be in its old-time vigor as soon as it opens.


Article from The Anaconda Standard, July 15, 1893

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READY TO RESUME. Two Suspended Banks Have Mended Their Finances. WASHINGTON. July 14.-The comptroller of currency to-day authorized the First National bank of Los Angeles, Cal., and the National Bank of Commerce of Provo, Utah, to resume business. The banks will resume with plenty of money, none of which is borrowed, but obtained by the collection of amounts due on notes or supplied by the directors.


Article from The Kinsley Graphic, July 21, 1893

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


Article from Baxter Springs News, July 22, 1893

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


Article from The Hawaiian Star, July 29, 1893

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The Monterey is at Portland. Bastile day was a quiet one in Paris. Italy may withdraw from the Latin Union. China will support Siam against France. George Frederick Parsons,the author, is dead. General Escobedo of Mexico is critically ill. Cholera has broken out in Russian prisons. Russia will not interfere in the Siamese trouble. The two comets are now approaching the moon. The rebels are gaining ground in Nicaragua. The Alliance will protect Americans in Nicaragua. Colorado's largest silver mines are closing down. General Geronimo Pou has escaped from Salvador. Anti-Semitic demonstrations continue in Russia. Rear Admiral Earl English, U. S. N. (retired), is dead. England is jealous of French agressions in the East. Paris society is dazed by the Buloz blackmail scandal. The Rio Grando do Sul rebels have lost their entire navy. The cruiser Yorktown started for the Pacific on July 20th. The American naval vessels are now short over 3000 men. Emperor William has not yet decided to visit the World's Fair. Mrs. Mantell has been divorced from the actor, Robert Mantell. Rear Admiral Melancthon Smith, U.S. N. (retired), is dead. There is much uneasiness on the New York stock exchange. Nevada citizens have adopted resolutions favoring free coinage. Mr. Huntington denies that the Pacific Mail needs a receiver. The Philadelphia may remain at Rio pending the Brazilian difficulties. The Governor of Geogia has announced himself as a bi-metalist. Lord Derby has retired from the Governor Generalship of Canada. Chancellor von Caprivi is ill. He is said to be a sufferer from diabetes. The gunboat Machias has probably gone into commission by this time. Prince Max of Saxony has left the German army and become a monk. General Vasquez is engaged in a plot to become President of Honduras. The Concord may be sent to Bangkok to protect American missionaries. The Nicaraguan Canal Company has stopped all work for want of funds. On July 17th President Cleveland visited Newport in the yacht Oneida. The comet came within 38,000,000 miles of the earth but is now receding. A chambermaid at the Palmer House, Chicago, has wedded a rich Austrian baron. Emile Zola has been decorated with the officers' Cross of the Legion of Honor. A fleet of Russian war ships has been ordered to the eastern shores of Siberia. Rev. E. B. Russell, Episcopal, of New York, has joined the Catholic Church. On July 13 two French cruisers exchanged shots with the Pakanam torts in Siam. The Duke of Veragua is said to have lost his fortune in the cattle business. Many Englishmen with families are leaving Siam, taking all their portable property. In the Reichstag Count Bismarck aroused a general interest by criticising Caprivi. The First National Bank of Los Angeles has been authorized to resume business. A Russian Agent is in the United States studying late patterns of American ordnance. Disturbances are said to have broken out in Alexandria. A British ironclad has gone there.


Article from Evening Star, August 29, 1893

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