Capital injected, Full suspension, Books examined
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TROUBLE WITH BANKS Saratoga Banks Are Up Against Hard Proposition-One Is Closed. Saratoga, N. Y., June 27-The First National Bank didn't open this morning, being closed by the controller. The deposits amount : to nearly $1,000,000. The run on the Citizen's National, which was begun Saturday, continues today.
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Saratoga, N. Y.-The First National Bank of Saratoga was closed today by order of the comptroller of the currency. According to a recent statement the bank owed depositors $890,000. The run on the Citizens National, which began Saturday was continued today by the small depositors.
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BANK CLOSES By Request of Its Directors and Run on Another Bank as the Result Continues. Saratoga, N. Y., June 27.-The First National Bank here was closed today by order of the comptroller of the currency at the request of the directors. The run on the Citizens National Bank continues.
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SARATOGA, N. Y., June 27.-The closing of the First National Bank, following the run on the Citizens' National Bank on Saturday did not increase the run on the latter, although the run is still in progress. The Citizens' bank is said now to have plenty of funds to pay all depositors. SARATOGA, N. Y., June 27.-The First National Bank of this place closed its doors this morning by order of the Controller of the Currency.
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SARATOGA BANK Closed Its Doors To-Day-Run on Citizens' Bank Begun Saturday. Saratoga, N. Y., June 27.-The First National bank of Saratoga was not opened for business to-day. The following notice was posted on the door: "At the request of the directors and by order of the controller of the currency, this bank is closed. . "J. VAN VRANKEN, (Signed) "National Bank Examiner." The run on the Citizens' National bank which was begun Saturday was continued to-day by smaller depositors.
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Saratoga, N. Y., June 27.-The First National Bank of this place closed its doors this morning by order of the Controller of the Currency. The closing of the First National following the run on the Citizens' National on Saturday, did not increase the run on the latter, although the run is in progress. The Citizens' bank is said now to have plenty of funds to pay all depositors.
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A Considerable Financial Disturbance Exists at Saratoga. Saratoga, N. Y., June 27.-The First National bank of Saratoga was not opened for business today. A notice signed by Bank Examiner Van Vranken and posted on the door stated that at the request of the directors and by order of the comptroller of the currency the bank was closed. A run on the Citizens' National bank which was begun Saturday was continued today by the smaller depositors.
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(By Associated Press.) Saratoga, N. Y., June 27.-The First National Bank was closed by order of the Comptroller of the Currency at the request of the directors. The run on the Citizens' National Bank continues
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Cashier Disappeared and Is Not to Be Found-Federal Authorities Act. Saratoga, N. Y., June 28.-No trace has been found of William Hay Bockes, former cashier of the First National bank, which has been closed by the comptroller of the currency. He disappeared on Saturday night. Relatives and friends are searching for him. A run on the bank began on Saturday, and the institution was not in condition to meet it. The examiner was instructed to not permit the bank to open Monday morning If there was any indication of a renewal of the run. National Bank Examiner Josiah Van Vranken has been appointed receiver. The bank, a recent statement shows, owed depositors $890,000. Its paid up capital was $125,000, and it had among its assets $1,018,000 in loans, discounts, stocks and securities and $100,000 in cash and exchanges. Following so closely the run on the Citizens' National bank. the suspension has caused a sensation. It had been generally feared there would be a run on the First National, but the notice that the bank had been closed was a complete surprise to the public and caused much conjecture,
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Washington, June 28.-The First National bank, of Saratoga Springs, N. ¥., has been closed by direction of the acting comptroller of the currency. A run was started on this institution on Saturday and as it was not in a condition to meet its demand liability the examiner was instructed to not permit the bank to reopen if there was any indication of a renewal of the run. National Bank Examiner Josiah Van Vranken, has been appointed receiver.
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Washington, June 28.-The First national bank of Saratoga Springs, N. Y., was closed Monday by direction of the comptroller of the currency. A run was started on this institution on Saturday, and as it was not in a condition to meet its demand liability, the examiner was instructed to not permit the bank to reopen Monday morning, if there was any indication of a renewal of the run.
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Washington, June 28.-Tne First national bank of Saratoga Springs, N. Y., was closed Monday by direction of the comptroller of the currency. A run was started on this institution on Saturday, and as it was not in a condition to meet its demand liability, the examiner was instructed to not permit the bank to reopen Monday morning, if there was any indication of a renewal of the run.
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Washington, June 28.-The First national bank of Saratoga Springs, N. Y., was closed Monday by direction of the A run comptroller of the currency. was started on this institution on Saturday, and as it was not in a condition to meet its demand liability, the examiner was instructed to not permit the bank to reopen Monday morning, if there was any indication of a renewal of the run.
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Saratogn, N. Y., Aug. 3.-The stockholders of the First National bank have consented to a 90 per cent assessment on the par value of the stock, payable Aug, 6. This was required by the comptroller of the currency in order to reopen the bank, which was recently closed to escape a run.
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FIRST NATIONAL BANK OF SARATOGA AGAIN SOLVENT. Washington. Aug. 18.-The First National bank of Saratoga Springs, N. Y., placed in the hands of a receiver on June 27, 1904. has been restored to solvency and resumed business today as an active national banking association.
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Washington, Aug. 18.-The First National Bank of Saratoga Springs, N. Y., which suspended payment and was placed in the hands of a receiver on June 27. 1904. has been restored to solvency and resumed business to-day as an active national banking association.
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The First National Bank of Saratoga Springs, N. Y., which suspended payment and was placed in the hands of a receiver on June 27, 1904. has been restored to solvency and resumed business, Thursday, as an active national banking association.
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SARATOGA, N. Y., Aug. 19.-The First National bank, which on June 27 was closed by order of the comptroller of the currency to avoid an anticipated run, has resumed business.
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Washington, Aug. 19.-The First National bank of Saratoga Springs, N. Y., which suspended payment and was placed in the hands of a receiver on June 27, has been restored to solvency and resumed business as an active national banking association.
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SARATOGA, N. Y., Aug. 19.-The First National bank, which on June 27 was closed by order of the comptroller of the currency to avoid an anticipated run, has resumed business.
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5—Citizens' bank, McLeod, Okla Akron (O.) Savings bank Chicago Women's Business club. 6—Wanzer & Co., Chicago grain merchants Dow City (Ia.) Exchange bank Buck Grove (Ia.) bank. 18—McCoy's bank, Rensselaer, Ind. May 12—Farmers State bank, Nardin, Okla. 24—First national bank of Cape May, N. J., closed by special order. Jul. 27—First Nat. bank, Saratoga, N. Y Grinnell (Ia.) First Nat. bank. 28—Mauston (Wis.) bank. Oct. 11—Bank of Plainfield, Wis., closed by state commissioner. Nov. 11—Federal Stock and Grain Co., Boston, assigns, liabilities $150,000. 17—Because of run, Berlin, Wis., bank closes. 23—Janney Co., Ottumwa, Ia., goes to receiver. 25—Davenport, Wash., national bank declared insolvent. 28—Gen. Coxey, of Mount Vernon, O., bankrupt. Liabilities, $287,000. Dec. 8—C. H. Slack & Co., prominent Chicago grocers. Liabilities, $167,000; assets, $100,000. 20—First national bank, Conneaut, and Marine bank, Conneaut Harbor, O., suspend. 22—Dedham savings bank, Dedham, Ia., closed.