9107. Kansas City National Bank (Kansas City, MO)

View Charter #3489 on SPMC

Bank Information

Episode Type
Run → Suspension → Reopening
Bank Type
national
Bank ID
3489
Charter Number
3489
Start Date
July 14, 1893
Location
Kansas City, Missouri (39.100, -94.579)

Metadata

Model
gpt-5-mini
Short Digest
153694fc44f92db6

Response Measures

Borrowed from banks or large institutions, Public signal of financial health, Full suspension, Books examined

Receivership Details

Depositor recovery rate
100.0%
Date receivership started
1895-03-18
Date receivership terminated
1908-07-01
OCC cause of failure
Losses
Share of assets assessed as good
20.8%
Share of assets assessed as doubtful
50.0%
Share of assets assessed as worthless
29.2%

Description

Contemporary articles report a heavy run/withdrawals that forced the National Bank of Kansas City to suspend payment on July 14, 1893; the Comptroller took charge. The bank reopened Oct 10, 1893. Later (Mar 18, 1895) the bank suspended again and announced liquidation/ discontinuation of business; depositors were to be paid in full. OCR typos corrected (e.g., 'Kahsas' -> Kansas, 'Controller'/'Comptroller' normalized). Classification focuses on the 1893 run → suspension → reopening episode; final 1895 suspension/liquidation is recorded as a later closure event.

Events (7)
1. April 13, 1886 Chartered
Source
historical_nic
2. July 14, 1893 Run
Cause
Macro News
Cause Details
Steady withdrawals triggered by the wider financial stringency/panic and the failure of a local savings bank; publication that Clearing House aid was sought intensified withdrawals.
Measures
Telegraphed Comptroller asking him to take charge; requested Clearing House aid (received $35,000) but could not meet heavy currency orders; then suspended payment.
Newspaper Excerpt
suspension was due to a steady withdrawal of deposits since the beginning of the financial stringency. We began to lose deposits early in May...
Source
newspapers
3. July 14, 1893 Suspension
Cause
Macro News
Cause Details
Suspension directly caused by heavy, sustained withdrawals during the national financial stringency and after failure of a savings bank; bank could not meet large telegraphed demands for currency.
Newspaper Excerpt
The National Bank of Kansas City suspended payment at 2:55 o'clock this afternoon and is now in the hands of the Comptroller of the Currency.
Source
newspapers
4. October 10, 1893 Reopening
Newspaper Excerpt
The doors of the National Bank of Kansas City, which suspended on July 14, were thrown open for business at 9:30 o'clock.
Source
newspapers
5. March 18, 1895 Receivership
Source
historical_nic
6. March 18, 1895 Suspension
Cause
Voluntary Liquidation
Cause Details
Directors/stockholders decided to discontinue business and liquidate; chronic weakness traced to the 1893 suspension and subsequent decline in deposits.
Newspaper Excerpt
To depositors: The depositors and stockholders of this bank have decided to discontinue business. All depositors will be paid in full. (Signed.) J. S. Chick, president.
Source
newspapers
7. * Other
Newspaper Excerpt
The Comptroller of the currency has appointed J. B. Anderson receiver ... (note: other newspapers report receiver/Comptroller taking charge in July 1893).
Source
newspapers

Newspaper Articles (22)
1. July 15, 1893 Richmond Dispatch Richmond, VA
Article from Richmond Dispatch, July 15, 1893

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Telegrams Made Terse. Vice-President Stevenson and party are rived at Los Angeles, Cal., yesterday. Advices from Warsaw, Poland. state that the expulsion of the Jews is continued see cretly. The National Bank, of Kaneas City. Mo. has closed its doors. Liabilities estimated at $1,000,000. The Comptroller of the currency has appointed J. B. Anderson receiver of the Gulf National Bank of Tampa, Fls. The Mercantile Bank. of Memphia, Teun., yesterday withdrew from the Memphis Clearing-House Association. Jules Aldige, one of the wealthiest eith zens of New Orleans and largely identified with cotton-seed oil mills, died in Paris yesterday. The British House of Commons has agreed to an address of congratulation to be presented to the Queen upon the recent marriage of the Duke of York and Princess May. The new United States cruiser Detroit, in tow, left the Columbian Iron-Works Baltimore, yesterday for the Norfoiknavi. yard, where she will receive her arma. ment. It is announced that as a result of the failure yesterday of the National Bank of Kansas City, Mo., the Frankifh Savings Bank of the same town will to-day make an assignment. The assets areabout $15,000. The reports from the Bavarian parlia. mentary elections show that seventy-three Clericals, sixty-eight Liberals, three Con. servatives, seven members of the Peasants' League, five Social Democrats, and one Democrat have been returned. The Grand Duke Michael, uncle of the Czar. has persuaded the Czar to postpone indefinitely the expulsion of Jews from the Caucasus. The Grand Duke is under stood to be strongly opposed to the whole anti-Semitic policy of the Russian government. Two of those wounded in the West. Shore wreck at Newburg, N. Y., died Thursday night-Julia Michel, of Brook. lyn, whose skull and thigh were fractured, and Charles E. Sistare, of New London, Conn., who suffered from fractured ribs and internal injuries. The Interstate Commerce Commission yesterday confirmed the report from Tacoma, Wash., that President Van, horn. of the Canadian Pacific Hailread Company, and several local agents of the road bad been indicted by the grand jury for violations of the interstate commerce act in making secret cut-rates for passongers.

2. July 15, 1893 San Antonio Daily Light San Antonio, TX
Article from San Antonio Daily Light, July 15, 1893

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THE PEOPLE SWINDLED By More Busted Banks in Kansas City. KANSAS CITY, Mo., July 15.The North Rup bank of Kansas City, Kansas, of which J.S. Chick, of the National bank of Kansas City, Mo., which failed yesterday, was also president, closed its doors this morning. The examiner, Galbreath, took charge of the suspended Kansas City National bank this morning. There was a quiet run on the National Bank of Commerce, as soon as that concern opened for business this morning. In a statement made public yesterdy, the condition of the bank was shown to be in good condition, and the officials assert that they will be able to stand a .long run, which, however, they think will not be necessary. But little excitement prevails, and it is thought the bank will pull through all right, as it ranks with the strongest in the city.

3. July 15, 1893 Wheeling Register Wheeling, WV
Article from Wheeling Register, July 15, 1893

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CONCERNING BUSINESS AND FINANCE. -PLYMOUTH, IND., July 14.-The private banking firm of Buck & Town has to-day made an assignment to R. B. Oglesbee, together with their hardware stock, the largest in the city. The bank was a small one and the step was taken to protect their depositors, whom they say will be paid in full. PITTSBURG, PA., July 14.-A special from Meadville, Pa., says S. T. Dick, of the banking firm of J. R. Dick & Co., suicided this morning. A heavy run on the bank yesterday caused the act. CINCINNATI, O., July 14.-The Buckeye Cycle Co., at 95 and 27 West Fifth street, this city, failed to-dav. Assets, $81,000; liabilities, $50,000. The cause of the failure is the stringency of the money market. KANSAS CITY, Mo., July 14.-Just before closing this afternoon the Kahsas City National Bank, of Kansas City, suspended and a notice was placed in the window stating it had been taken charge of by the Comptroller of Currency. The bank's capital is $1,000,000. Considerable excitemeat was caused by the suspention as it had been entirely unexpected. The officers of the bank refuse to talk regarding the failure further than to state that the assets would amount somewhere between $2,000,000 and $3,000,000 and the liabilities to $1,800,090. It was considered a sound a bank as any in the southwest. WASHINGTON, July 14.-There has been a daily gain in the gold reserve this week, today's increase being $285,228, which brings the total up to $98,378.369.

4. July 15, 1893 The Jersey City News Jersey City, NJ
Article from The Jersey City News, July 15, 1893

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ANOTHER KANSAS CITY BANK GONE. KANSAS CITY, July 15, 1893. - The Northrup Bank of Kansas City, Kan., of which J. S. Chick, of the National Bank of Kansas City, which failed yesterday, was also President. closed its doors this morning. Bank Examiner Galbreath took charge of the suspended Kausas City National this morning. There was a quiet run on the National Bank of Commerce as soon as that concern opened for business this morning. In a statement made yesterday, the condition of the back was shown to be good, and the officials assert that they will be able to staud a long run, which, however, they think will not be necessary. The statement shows cash on hand of $1,141,655, with deposits of $2,977,327, showing more than the twenty-five per cent. reserve required by law. The capital IS $2,000,000. But little excitement prevails, and it is thought the bank will pull through all right. as it ranks with the strougest in the city,

5. July 15, 1893 The Wilmington Daily Republican Wilmington, DE
Article from The Wilmington Daily Republican, July 15, 1893

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Depositors Will Not Lose. KANSAS CITY, Mo., July 15.-The National Bank of Kansas City suspended payment yesterday afternoon, and is now in the hands of the comptroller of the currency. The assets will be between $9,000,000 and $3,000,000, and the liabilities between $800,000 and $1,000,000. President Chick is confident that the depositors will be paid in full.

6. July 15, 1893 The Sun New York, NY
Article from The Sun, July 15, 1893

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AN IMPORTANT BANK STOPS. DOORS CLOSED AT KANSAS CITY BECAUSE OF HEAVY WITHDRAWALS. Comptroller of the Currency In ChargeAssets Between Two and Three Millions -President Chick Says the Depositors will Not Lose n Cent-Aid Refused. KANSAR CITY. July 14.-The National Bank of Kansas City. at the southeast corner of Fifth and Delaware streets, suspended payment at 2:55 o'clock this afternoon. and is now in the hands of the Comptroller of the Currency. The assets. President J. S. Chick said this afternoon. will be between two and three million dollars and the liabilities one million. He says he is confident that the depositors will be paid dollar for dollar. Five minutes before the usual closing time this afternoon Cashier W. J. Anderson sent a telegram to Comptroller Eckels at Washington that the bank had suspended payment and asking him to take charge. A few minutes later the following notice was posted on the door: This bank has suspended payment and is in the hands of the Comptroller of the Currency." The bank was one of the oldest in the city. and Its failure will be felt in Kansas. President Chick said the suspension was due to a stendy withdrawal of deposits since the beginning of the financial stringency. We began to lose deposits early in May." he said. The demand on us went along until the failure of the savings bank last Tuesday. and every day since then the withdrawals of individual and of bank deposits have increased. We thought we could got through to-day. but we were forced to quit just five minutes before the usual time. A few minutes before we closed we received demands for $40,000 by telegraph. We saw we could not stand another day's run. and there was only one thing left for us to do. and we did it. Last night we asked the Clearing House for help. and that fact WAS telegraphed to creditors and depositors out of town and caused the run to be heavier. do not see how the dopositors can lose a penny. Our deposits at one time were about $4,000,000. but they have been drawn down so that they are between $800,000 and $1,000,000. I cannot say what our assets are exactly. but they are between $2,000,000 and $3,000,000. The National Bank of Kansas City had a capital stock of $1,000,000. By its last statement on May 4 it had a surplus fund of $200.000 and undivided profits of $24,060.24. Its circulation in national bank notes was $45,000. which was secured by $50,000 in United States bonds. It has outstanding loans of three and onehalf million dollars. The bank owns the building it occupied at the corner of Fifth and Delaware streets. which. with the furnituro and fixtures therein. is worth about $175,000. The bank also owned real estate and mortgages to the extent of $150,000. In 1884 the National Bank of Kansas City closed its doors for about half an hour on account of the failure of Donnell, Lawson & Simpson n New York. but reopened without loss to any one. The National Bank of Kansas City was an outgrowth of the bank of Northrup & Chick. which was the pioneer banking establishment of Kansas City. In 1862 the firm removed to New York city. where it failed in the panic of 1873. but afterward paid in full. The following year Northrup and Chick returned to Kansas City, and in 1875 organized the National Bank of Kansas City. Four of the national banks to-day publish reports of their condition at the close of business July 12. being the report called for yesterday by the Comptroller of the Currency. The report of the Citizens' National shows deposits of $800,200. with n cash reserve of $401.200 Union National. deposits of $1.696.200: cash reserve. $964,277. Missouri National. deposits, 900,800; cash reserve. $271.024. Metropolitan National. deposits. $1,905.200: reserve. $891,200. The publication of the statements to-day. which are exceptionally favorable, is expected to allav. in a great measure. the uneasiness caused by to-day's failure.

7. July 15, 1893 The Waco Evening News Waco, TX
Article from The Waco Evening News, July 15, 1893

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BANKS IN KANSAS CITY Two Failed and Others Standing Heavy Runs. A MINING SYNDICATE FAILS A Libel Suit Against a City Cannot be Maintained. Kansas City Banking Troubles. By Associated Press to The News. KANSAS CITY, July 15.-The Northrup bank of Kansas City, of which J. S. Stick of the National bank of Kansas City, Mo., which failed yesterday, was also president, closed its doors this morning. Bank Examiner Galbreath took charge of the suspended Kansas City National bank this morning. There was quite a run on the National Bank of Commerce as soon as that concern opened for business this morning. In a state. ment made yesterday the condition of the bank was shown to be good, and the officials assert that they will be able to stand a long run, which, however, they think will not be necessary. But little excitement prevaile, and it is thought the bank will pull through all right, as it ranks with the strongest in the city The directors of the Bank of Commerce held a meeting " consider the financial situation yester. day. After very careful examining into the condition of the bank the members of the directory signed as agreement individually pledging their entire estate for the security 8 of depositors. There was not a member of the board who hesitated to sign the paper that made him liable for the entire amount of the a deposits held by the bank, 80 great t was their confidence in the bank's e stability. The directorate repre. sents a combined wealth of two o million dollars.

8. July 15, 1893 The Morning Call San Francisco, CA
Article from The Morning Call, July 15, 1893

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Failure of the Kansas City National. IS WAITE DISCREDITED. A Denver Banker Passes Some Severe Strictures on the Silver Alarmists of Colorado. Special to THE MORNING CALL KANSAS CITY. July 14.-The National Bank of Kansas City suspended payment this afternoon and is now in the hands of the Comptroller of the Currency. The assets, according to President Chick. are between $2,000,000 and $3,000,000. while the liabilities are between $800,000 and $1,000,000. Chick is confident the depositors will be paid dollar for dollar. He said the suspension was due to the steady withdrawal of deposits since the beginning of the financial stringency. "We began to lose deposits early in May," he said. "The demands on us went along quietly but steadily until the failure of the savings bank last Tuesday, and every day since then the withdrawals of deposits have been heavier. We thought we could get through to-day, but we were forced to quit just five minutes before the usual time. Last night we asked the Clearing-house to help us. and that fact was telegraphed to our creditors and depositors out of town and caused the run to be heavier. We asked for ample aid from the Clearing-house, and this morning we received $35,000. Orders for currency came in so heavily, however, that we could not possibly fill them." The National Bank of Kansas City had a capital stock of $1,000,000. The last statement made on May 4 showed a surplus fund of $200,000 and undivided profits of $24,660. It has outstanding loans of about $3,500,000. Four of the other National Banks in the city publish to-night reports of their condition at the close of business July 14, and all of them being exceptionally favorable, they are expected to allay in a great measure the uneasiness caused by to-day's failure. As a result of the failure of the National Bank the Franklin Savings Bank this evening made an assignment for the benefit of creditors. The latter bank cleared through the Kansas City National, and considerable of its money is tied up in the latter's failure. The bank carried a line of deposits amounting now to only $50,000. The assets are considerably in excess of that sum. DENVER, July 4-This afternoon W. H. Rush and N. M. Tabor, lessees of the Brown Palace Hotel, made an assignment. Their liabilities are placed at $650,000 and the assets at $2,222,000. The assets consist principally of real estate, hotel furniture and bills due. The failure includes the furniture of the Hotel Metropole, the Tabor-Pierce Lumber Company and $531,000 of the stock of the Windsor Farm Company, held by Mr. Bush. It is believed the assets will be materially decreased before liquidation is effected. The failure will in no way affect the Brown Palace building, which will not be closed. MEADVILLE, Tenn., July 14.-S. T. Dick of the banking firm of J. R. Dick & Co. committed suicide this morning. A heavy run on the bank yesterday is the cause. Dick had been in ill health some time. A meeting of friends of the firm was held to-day. The situation was thoroughly canvassed, and it was given out after the conference that the bank was solvent and abundantiy able to pay all depositors. PLYMOUTH, July 14.-Buck & Towne, bankers and hardware men, have failed. They promise to pay in full. CHICAGO, July 14.-A Record special from Ishpeming, Mich., says: "It is learned at midnight that the Schlesinger syndicate, the largest operators in ore in the world, have failed, with millions of liabilities. It is not possible to get any details to-night, but it is rumored that there will be developments that will cause a sensation."

9. July 15, 1893 New-York Tribune New York, NY
Article from New-York Tribune, July 15, 1893

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A HEAVY FAILURE IN THE WEST. THE NATIONAL BANK OF KANSAS CITY FORCED BY WITHDRAWALS TO CLOSE ITS DOORS. Kansas City, July 14.-The National Bank of Kansas City suspended payment at 2:55 o'clock this afternoon and is now in the hands of the Controller of the Currency. The assets, President Chick said this afternoon, will be between $2,000,000 and 83. 000.000, and the liabilities between $800,000 and $1,000,000. He is confident that the depositors will be paid dollar for dollar. President Chick said that the suspension was due to steady withdrawal of depo-its since the beginning of the financial striugency. "We began to lose deposits early In May," he said. "The demand on us went along until the failure of the savings bank last Tuesday, and every day since then the withdrawals of individual and of bank deposits have been heavier. We thought we could get through to-day, but we were forced to quit just five minutes before the usual time. A few minutes before we clo-ed we received demands for $40,000 by tele graph. We saw we could not stand another day's run and there was only one thing left for us to do and we did it. "Last night we asked the Clearing House for help and that fact was telegraphed to creditors and depositors out of town and caused the run to be heavier. We asked for ample aid from the Clearing House and this morning We received $35,000. The orders for currency came in so heavily, however, that we could not possibly fill them. "1 do not see how the depositors can lose a penny." continued Mr. Chick. "Our deposits at one time were about $4,000,000, but they have been drawn down so that they are now between $800,000 and $1,000,000. I cannot tell what our assets are exactly, but they are between $2,000,000 and $3,000,000. They are largely in mercantile and back loans. The National Bank of Kansas City had a capital stock of $1,000,000. Our last statement on May 4 had a sunplus fund of $200,000 and undivided profits of $24,600 24. Its circulation in National bank notes was $45,000, which was secured by $50,000 in United States bonds. It has outstanding loans 01 about $3,500,000." The National Bank of Kansas City was an ontgrowth of the Bank of Northrup & Chick. which was the pioneer banking establishment of Kansas City. In 1862 the firm removed 10 New-York City. where it filled in the panic of 1873. but afterward paid in full. The following year Northrup & Chick returned to Kansas City and in 1875 they organized the National Bank of Kansas City. Four of the National banks -day publish reports of their condition at the close of business July 12. being the report called for yesTerday by the Controller of the Currency. The report of the Citizens' National shows deposits of 8800.200 with cash reserve of 8401. 266: Union National deposits of $1,696,200. and cash Missouri National. deposits. $900,800 and cash reserve. $271.024: Metropolitan National, deposits. $1,905,200. and reserve, $891,200. The pub. lication of the statements to-day, which are exceptionally favorable, is expected to allay in a great measure the inneastness caused by 10-day's failure.

10. July 16, 1893 The Times Richmond, VA
Article from The Times, July 16, 1893

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RUN ON KANSAS CITY BANKS. The Failure of One Institution Precipitates a General Storm-Bank Failures. KANSAS CITY, MO., July 15.-The failure of the Bank of Kansas City yesterday précipitated runs on three-fourths of the large banks in the city to-day, and Delaware and Ninth streets, the bank streets, were thronged as they have not been In years. Crowds were on every corner and before and around every large bank. At 10 o'clock there were two long double rows of depositors in the Metropolitan and Missouri National Banks. The New York Life building, In which they are located, was thronged. The Metropolitan had two paying tellers at work and the Missouri National had three. All the banks paid out money fast, but the greatest excitement was about the Bank of Commerce, the two named just above, and the First National. The Bank of Commerce had three stalwart policemen before the door, and none except those who had business with the bank were allowed to enter. There had been rumors about the bank, which has a paid-up capital of $2,000,000. for some time, and last night the stockholders, realizing that the institution was in danger, owing to the excitement, signed a pledge passing their estates into the bank's assets. The sum total was about $4,000,000. About noon confidence had been in a large measure restored, and the runs were stopped. except on the Missouri National, which continued slowly. Unless some bank falls the crisis for the Immediate present is passed. STARKVILLE, MISS., July 15.-The First National Bank closed its doors yesterday, as a result of the financial stringency. It is believed that depositors will be paid in full. The bank has a paid up capital of $50,000. CARMI, ILL., July 15.-The old banking-house of Hay & Webb made a general assignment yesterday. The assets are $216,267. and liabilities $180,000. Hay & Webb have been In business for thirtyfive years. The stringency of the money market is the chief cause of the failure. KANSAS CITY, MO., July 15.-The Northrup Bank, of Kansas City, Kansas, of which J. S. Chick, of the National Bank of Kansas City, which failed yesterday, was also president, closed its doors this morning. Bank Examiner C. W. Galbreath took charge of the suspended Kansas City National Bank this morning. There was a run on the National Bank of Commerce as soon as that concern opened for business this morning. In the statement made yesterday the condition of the bank was shown to be good, and the officials assert that they will be able to stand a long run, which, however, they think will not be necessary. But little excitement prevails, and it is thought the bank will pull through all right. as it ranks with the strongest in the city.

11. July 20, 1893 The Russellville Democrat Russellville, AR
Article from The Russellville Democrat, July 20, 1893

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WILL PULL THROUGH. This Bank is All Right, According to Its Statement. KANSAS CITY, July 15.-The Northrup Bank, Kansas City, Kan., of which J. S. Chick, of the National Bank of Kansas City, which failed yesterday, is also president, closed,its doors this morning. Bank Examiner Galbreath took charge of the suspended Kangas City National Bank of Commerce as soon as that concern was opened for business this morning. In its statement made yesterday the condition of the bank was shown to be good, and the officials assert they will be able to stand. The statement showscash on hand, $1,141,655, with deposits of $2,977,237, showing more than 25 per cent. reserve than required by law ; capital, $2,000,000. But little excitement prevails. It is thought the bank will pull through all right, as it ranks with the strongest in the city.

12. July 20, 1893 The Green Forest Tribune Green Forest, AR
Article from The Green Forest Tribune, July 20, 1893

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THE WEEK'S NEWS IN BRIEF. MANYINCIDENTS REDUCED FROM COLUMNS TO SHORT, SPICY PARAGRAPHS. Everything Eliminated But Facts For the Special Convenience of Roaders of The Tribune. THE Bank of Commerce of Springfield, Mo has failed. DUN'S trade review notes a better tone, but with a waiting policy. THE execution of the Choctaw prisoners has been suspended until August 4. THE flour output for the past week was very light. 'I he market remains quiet. THE big Elgin smelter at Leadville, Colo., has shut down, owing to the low price of silver. POSTMASTER GENERAL BISSELL has decided to abandon three sizes of the postal cards now in use. THE wife of a Little Rock gambler attempted suicide Mouday because of alleged mistreatment. FOUR persons were killed and seven badly injured last Saturday by an explosion of fireworks at Chicago. THE Baptist Young People's Union In- of America met in international convention at dianapolis last Thursday. THERE is a fund of $13 000,000, amassed by sales of cotton seized during the late war, lying idle at Washington. A PARTY of hunters discovered a few days ago near Weston, W. Va.. what appears to be an incipient yolcano, TWENTY-FIVE hundred pensioners have already been suspended since Hoke Smith's famous order went into effect. GOVERNOR FISHBACK granted a respite to William Smith, who was to have been hanged at Camden last Thursday. ENGINE 999 of the New York Central railroad has recently made a record of 112 miles perhour-exceeding any on record. THE Silver Convention at Denver, the 13th inst, issued a strong appeal to the country at large in behalf of silver. THE meeting of silver men in St. Louis next week will not take the form of a convention, but will be merely a conference. AT Yalta, Russia, a mob attacked the Jewish residents of the town and killed many, besides taking all the Jews' belongings. THUS far this month, the Government purchased but a small per cent of the silver has which must be bought every month under the Sherman law. THE World's Fair directors by a decissive vote last Friday decided that after Sunday, July 16, the Fair will no longer be kept open on Sundays. HON. R. T. KERR, a prominent attorof Ft Smith. committed suicide by shooting himself ney last Thursday morning. No reason can be found for his act. DEMOCRATS of New York City who opposed to domination of Tammany have be organized are the Citizens' Democracy which will hostile to the machine. NEW YORK bankers say that the financial situation throughout the country is certainly improving because currency is beginning to come back to them. AT Bloomington, Ill., Mrs. F. H. McIntosh, who had been thought to be dead. suddenly recovered consciousness. said she had been in heaven and now would live. YOUNG-MAN-AFRAID-0 F-H IS-HORSES, the head chief of the Sioux Indians, died suddenly while on a visit to* the Crow agency. He will be succeeded by Little Wound. MRS. DR. MYER was arrested last Thursday at Detroit, charged with having mur- theu dered several men she had married and poisoned to get the insurance ou their lives. IN a fight with 600 pirates in Chinese waters, recently, 60. Government soldiers were killed, three gunboats routed and ships they were guarding captured by the freebooters. SPECIAL examinations of applications for pensions, in which the first payment would ordinarily have been allowed, have resulted in the saving to the Government in two months of $112,000. ON Monday of last week 18 or more firemen met a horrible death while trying to the Cold Storage building at which burned up covering some save r air, the World's of them 20 feet in the debris. CORBETT and Jackson have signed an agreement to fight June '94 for the largest purse ever offered by any reputable athletic organization. Corbett is also to fight Mitchell in September of this year. THE beautiful crystal fountain which the ladies of Hot Springs donated to the Arkan) sas building at the World's Fair fell from its pedestal one day last week and was broken beyoud repair. It cost $100. A NEW comet has been discovered. It called Roredame's Comet, after James RoreSalt Lake, Utah. who it 10 o'clock on the night of is dare first at of discovered the 8th inst. and It was quite visible here on Wednesday Thursday nights of last week. THE International Railway commisto make surveys for a the systems of railroad sion. appointed connecting and the line is three for preAmericas, has completed its work paring a report show ing the feasibility of such a project, which will go before Congress. THE National bank of Kansas City has suspended It has assets of between #:, 000,000 and $3,000,000 and liabilities of about $1,000,000. Heavy and protracted withdrawals caused the bank to suspend. It a of $1,000,000 and was the of deposits capital pioneer bank had of Kussus City.

13. July 20, 1893 Warren Sheaf Warren, MN
Article from Warren Sheaf, July 20, 1893

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BORELY TRIED. Tansas City Banks Forced to Stand Heavy Run-All Demanda Promptly However-Business Troubles at Other Points. KANSAS CITY, Mo., July 16 -Saturday was trying day for the banks of Kansas City but they weathered the storm admirably The failure of the National bank of Kansas City five minutes before closing time Friday created a very panicky feeling and all the bankers opened their doors Sat urday morning expecting 'runs' of more or less consequence. The publication of the statements of all the banks in the morning papers was calcu lated to restore confidence. The banks were prepared as well as could be to withstand any attack and as soon as the doors of the Bank of Commerce the Missouri national. the Metropolitan, the Union national and the Midland were thrown open the people began to collect about them and many drew out their deposits. Only however, in the Bank of Commerce. the Missouri and the Metropolitan were there any well-defined runs, and these banks withstood them successfully A run by heavy depositors caused the suspension of the Northrup bank. the oldest financial institution in Kansas City, Kan The assets are placed at $475,000, with liabilities amounting to $315,000. The Armourdale bank at 415 Kansas avenue, Armourdale, suspended pay. exent at 3 o'clock in the afternoon and was placed in the hands of Bank Commissioner Breidenthal of Kansas. The liabilities are $35,000 and the assets about double that amount A number of the Karsas City banks kept openuntil 6 o'clock, but very few of the depositors availed themselves of the opportunity to withdraw their money. The banks are amply prepared to meet any further demands made upon them, but it is thought that the flurry is over and the excitement ended. CLEVELAND O. July 17.-A dispatch from Ishpeming, Mich., says that the Schleisinger syndicate, the largest ore operators in the world, are in difficulty owing to the depression in the trade. Adolf Schleisinger, one of the organizers of the syndicate, says the output was reduced 25 per cent. some time ago All the mines are in Michigan and the central of fice is in Milwaukee. The plants owned by the syndicate are: The Chapin Mining company, the Buffalo Mining company, York Mining company, Arogan Mining company, Claire Mining company and Sunday Lode Mining company. These individ ual companies, all owning mines. were consolidated four years ago by Schleisinger Brothers, and, it is said. on insufficient capital. It is also said the syndicate went too deeply into railroad building Schlesinger's properties have over $1,000,000 worth of paper held by Milwaukee banks, and it is considered probable they will help him out Schlesinger began operations four years ago and has cut a large figure in the iron trade. He was embarrassed ten years ago, but sold the Escanaba, Iron Mountain & Western railway to the Chicago & Northwestern railway and pulled out of difficulties. If matters cannot be fixed here it will probably lead to trouble at his numerous other mines, employing nearly 2,500 men all told. PEORIA. Ill., July 19.-William Oberhauser's private bank failed Saturday much to the surprise of the community The liabilities are $60,422 against scheduled assets of $69,637. The assignment is due to the loss of money in the American national bank at Kansas City, and it is the first to be made here during the present financial troubles. The bank was an old-established institution. Charles Tehrmann is assignee. CARMI, III. July 17 The old banking-house of Hay & Webb has made a general assignment to P. A. Pearce. Assets, $216,267; liabilities, $180,000 Hay & Webb have been in business here for thirty-five years and enjoyed the confidence of the entire community Large loans on long time. large sums invested in real estate and the stringency of the money market caused the failure. All creditors will be paid in full. CHICAGO, July 17.-The George W. Ludlow Shoe company made an assignment in connection with its failure at Elgin. This is one of the largest wholesale shoe concerns in the country. It removed its factory and offices from Chicago to Elgin January 1 last and since that time has conducted its business in the latter city, No financial statement has been made. NEW YORK, July 7.-Chancellor McGill at Jersey City has appointed John C. Paul, of Plainfield, N.J., receiver of the Garwood steel works. The company was originally a Boston concern The works are at Garwood, N. Y and $300.00 has been lost in following à new process in making steel car wheels CHICAGO, July The Bouton Foun dry company, located at Thirty-ninth street and Evans avenue, made an as signment in the county Saturday in favor of the Equitable Trust company. The assets are figured at 8175,000; liabilities at $200,000. CINCINNATI, July 17. The John Kauffman Brewing company went into the hands of a receiver Saturday Pressing claims and inability to obtain ready_cash caused the action. The assets are given at $600,000 and the liabilities only $150,000. WAYLAID THE SHERIFF. An Arkansas Officer Shot and Robbed of $12,000 Near Memphis. MEMPHIS,Tenn.,July 17.-Friday night heriffWerner.of_Crittenden county

14. July 22, 1893 Western Kansas World Wakeeney, KS
Article from Western Kansas World, July 22, 1893

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National Bank of Kansas City. The National Bank of Kansas City sus-: pended, and a notice placed in the window stated it had been placed in the hands of a receiver. The bank's capital is $1,000,000. Assets between $2,000,000 and $3,000,000; liabilities, $1,800,000. Considerable excitement is caused by the suspension, as it has been entirely unexpected. Its president is J. S. Chick. one of the best known financiers in the west.

15. July 28, 1893 Fisherman & Farmer Elizabeth City, Edenton, NC
Article from Fisherman & Farmer, July 28, 1893

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South and West. THE Bank of Mound Valley, Kan., owned by C. M. Condon, of Oswego, was robbed by three men who rode into the town and entering the bank tied and gagged the cashier, J. 0. Wilson, and secured the money in sight. which amounted to $600. A YELLOWISH black cloud came up from the west and swept through Stillwater. Minn., along Lake St. Croix, thence across the lake, and spent itself in the Wisconsin woods to the southeast. Two persons were killed, William Anez and Samuel Simonson. THE National Bank of Kansas City. Mo.. has failed; the liabilities are about $1,000,000 and assets estimated at over $2,000,000. AN explosion of fireworks occurred at a grove near Chicago, III.. in which an Italian society was holding a picnic. The explosion resulted in the killing of four persons-three men and a boy-and the wounding of twelve others. THE last open Sunday of the World's Fair did not show any improvement upon other Sundays in point of attendance, but as nearly all passholders paid the entrance fee of fifty cents, the fund for the benefit of the sufferers from the cold storage fire was increased in a substantial way. About $30,000 was realized. AT Denver. Col., the People's Savings, the Rocky Mountain Dime and Dollar and the Colorado Savings Banks have closed their doors. At Kansas City, Mo., the Missouri National Bank has suspended payment, also the Grand Avenue Bank. a private institution. The assets are $200,000; liabilities. $140,000. FOUR people were killed and several injured in a collision between a Grand Trunk train and a horse car in Chicago, III. THE foreign exhibitors at the World's Fair are getting ready to file claims against the National Government for damages, claims to the amount of $400,000 having already been prepared. THE First National Bank at Cedartown, Ga., closed its doors. The suspension was caused by inability to realize at once on co!laterals. SECRETARY MOHLER has issued a statement saying that if the conditions continue favorable Kansas will have the largest corn crop in the State's history, with the exception of that of 1889.

16. August 2, 1893 The Abbeville Press and Banner Abbeville, SC
Article from The Abbeville Press and Banner, August 2, 1893

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South and West. THE Bank of Mound Valley, Kan., owned by C. M. Condon, of Oswego, Was robbed by three men who rode into the town and enterIDE the bank tfed and gagged the cashier, J. O. Wilson, and secured the money in sight, which amounted to $600. A YELLOWISH black cloud came up from the west and swept through Stillwater, Minn.. along Lake St. Croix, thence across the lake, and spent itself in the Wisconsin woods to the southeast. Two persons were killed, William Anez and Samuel Simonson. THE National Bank of Kansas City. Mo., has failed the liabilities are about $1,000,000 and assets estimated at over $2,000,000. AN explosion of fireworks occurred at a grove near Chicago, III.. in which an Italian society was holding a picnic. The explosion resulted in the killing of four persons-three men and a boy-and the wounding of twelve others. THE last open Sunday of the World's Fair did not show any improvement upon other Sundays in point of attendance, but as nearly all passholders paid the entrance fee of fifty cents, the fund for the benefit of the sufferers from the cold storage fire was increased in a substantial way. About $30,000 was realized. AT Denver, Col.. the People's Savings, the Rocky Mountain Dime and Dollar and the Colorado Savings Banks have closed their doors. At Kansas City, Mo., the Missouri National Bank has suspended payment, also the Grand Avenue Bank, a private institution. The assets are $200,000; liabilities, $140,000. FOUR people were killed and several injured in a collision between a Grand Trunk train and a horse car in Chicago, III. THE foreign exhibitors at the World's Fair are getting ready to file claims against the National Government for damages, claims to the amount of $400,000 baving already been prepared. THE First National Bank at Cedartown, Ga., closed its doors. The suspension was caused by inability to realize at once on co!laterals. SECRETARY MOHLER has issued a statement saying that if the conditions continue favorable Kansas will have the largest corn crop in the State's history, with the exception of that of 1889.

17. October 9, 1893 Fort Worth Gazette Fort Worth, TX
Article from Fort Worth Gazette, October 9, 1893

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BUSINESS. TO BE OPENED TOD KANSAS CITY, Mo., Oct. National Bank of Kansas 0 failed during the panie, will doors for business tomorrow,

18. October 12, 1893 Connecticut Western News North Canaan, Salisbury, Canaan, CT
Article from Connecticut Western News, October 12, 1893

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NEWS OF THE WEEK. Thursday, Oct. a. in Harrison R. Thornton, missionary Alaska, was killed by natives Walter H. Rett, A well known Atlanta lawyer, killed himself with a pistol. The switchmen on the Illinois returned Central and Yazoo and Mississippi have to work. The National Baseball league had a most & prosperous season, every olub having credit balance. National bank of Kansas City, which to recently The suspended, has been permitted reopen stockholders' for business. meeting of the shortest Louis The and Nashville road was the on ville record, lasting but 15 minutes. directors of the Episcopal Theolog have soThe school at Cambridge, Mass. as lected ical Rev. George Hodges of Pittsburg dean. Efforts are making to secure fever an appro- sufof $80,000 for the yellow death and printion at Brunswick, Ga. One ferers 16 new cases were reported there yesterday. Friday, Oct. 6. Colored Odd Fellows celebrated their semicentennial at Philadelphia in billion cigarettes were smoked ended this country Three in the fiscal year just Hanlan offers to back Dunnan to Edward row Gaudaur 136 miles straightaway race for $1,000. total score in the great international billiard The match New York is: Roberts, on 6,401; Superintendent Ives, 5,786. Byrnes of New York out a ne fell the stairway at his home and vere gash over his eye. F. Tennis who assaulted sentenced and murdered Benjamin a 9-year-old girl, was to be banged at whose Harrisburg. body was found along be Isaac railroad Green, track near Highbridge, is the lieved to have been murdered. its Bank of England has reduced The discount from 83 to percent. the last Its rate bullion of decreased 2802,000 during week. Heins Bros. & Co.'s pickle establishment $20,000; was burned. Loca. Heinx, Jr., at Pittsburg One of the firm, J. O. works. was insured. arrested for setting fire to the Saturday, Oct. 7. Bears lost $150,000 in a corner on, Lacks stock in Wall street. wanna Lady Somerset has subscribed £100 to ooal mineralstrike fund. the Hannis Taylor, minister to better. Spain. Hon. been quite sick, is reported has who has Buffalo Courier, Democratic. some The out in a strong editorial against Judge Maynard. Maria Brooks and daughter of Rochester Mrs. have presented $0,000 to Auburn Theological seminary. Executions amounting to $19,850 Plete were issued against Henry Oppenhelmer, burg shirt manufacturer. of the UniRev. F. church E. Webster, in Everett, pastor Mass... church. has reversalist enter the Episcopal the signed entire freshman class "struck" in State be The at Bellefonte, Pa. been sus college of their number bad cause two for having cider in their room. pended cable ours ran away in street. Broadway. One Three York, near Thirty-third atrand and New tangled in a broken could be sent grip was blooks before word could ran many house and the oable hours. be to the power Traffic was delayed fortwo stopped. Monday, Oct. 9. Boston and surrounding townsare threat ened with in a Providence water famine. fatally shot another A while boy playing with a rifle. boy attempt will be made Veragua. Chicago Another fund for the Duke of excise to raise Cumberland a J.) county with commission The has been indicted. charged extortion. been another hitch in Embezaler the negotiations There has for the extradition of Weeks from Cleveland's Costa Rica. family has moved Mr. President White House to Woodley, Pa., Cleveland's from the suburban residence. Scranton of Scranton, was ar Congressman Scranton Republican. editor of charged the with criminal libel. St. Louis rested, companies entering occupancy, are The express building a the depot largest for joint in the world. which will be Bordo of Bridgeport, out Conn. of a window Mrs. Stephen herself by jumping werestarving the was tried to kill because her children mar actor, Alexander Cleveland Salvini, to Madelaide Dixon, seasons who ried in in his company for neveral of played proposition of President Joffries of a 10 per The and Rio Grande railway accepted by the Denver cent reduction has been trainmen. Tuesday, Oct. 10. was found in Central park, New of A man suffering from smallpox. York, Orleans has raised a relief sufferers. fund . $ 77,000 New for the cyclone fined $100 in New York Frederick court Gebhard for neglecting was jury formerly duty. Belle Bilton, is The Countess a London of Clancarty music hall singer, theater Berthold mother. Popper, the New wife York of a man in Moriches, usher who N.Y., eloped was with arrested the in San Franalsoo. and conductors on because electric of an Motormen N. J., grumble ties and cars order in Newark compelling them to wear collars. L. Bain, the ex-cashier who of was the Howard Savings bank, Brooklyn, sentenced to Home of embezzling. was prison. lay convicted years in the state will serve four Cunard Steamship company for a month The the steamship Campania her altered in har mony this up winter with the and plans have of the Lucania NEW POSTMASTERS. -

19. October 12, 1893 Abilene Weekly Reflector Abilene, KS
Article from Abilene Weekly Reflector, October 12, 1893

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Chick's Bank Reopened. KANSAS CITY, Mo., Oct. 10.-The'doors of the National Bank of Kansas City, which suspended on July 14, were thrown open for business at 9:30 o'clock. Two national banks suspended in Kansas City during the flurry and now both have resumed and are doing business on a more solid basis than UYV"

20. October 12, 1893 River Falls Journal River Falls, WI
Article from River Falls Journal, October 12, 1893

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ELIZA PORTER (colored), of Atchison, the oldest woman in Kansas, is dead. She was born August 16, 1792, in Kentucky. FLAMES destroyed the immense car barns of the Canton-Massilon Electric Railway company, at Canton, O., the loss being $100,000. SIX prisoners confined in the sounty jail at Bowling Green, O., escaped by digging a hole through the foundation, one of them being a murderer. THE National bank of Kansas City, Mo., which recently suspended, has been permitted to reopen for business. IN St. Louis at the bimetallic convention resolutions were adopted strongly advocatir g the free coinage of silver, opposing the further issue of government bonds and demanding the speedy improv ement of all great western and southern waterways. THE town of Fulton, Ark., a thriving place of several thousand inhabitants, was entirely destroyed by fire. THE death of ex-United States Senator Groome occurred at his home in Baltimore, Md. He was elected governor of Maryland in 1873, and at the expiration of his term served one term in the senate. BISHOP H. M. TURNER of the African Methodist church, south, has issued a call for a convention to meet in Cincinnati, November 28, to consider lynchings. AT Jamestown, Ind., Oscar Darnell, shot and stabbed Miss Tillie Major and then killed himself. Jealousy caused it. THE agentof the Adams Express company at St. Louis has ordered the discharge of every clerk who gambles in any form, including betting on horse races. NEBRASKA democrats in convention at Lincoln went on record as according heartily with Cleveland's financial policy. JUDGE LONG, of Detroit, will attempt to force the government to pay his pension, suspended September 23. AT Indianapolis, Ind., during a iot at the Big Four shops special police fired at the crowd, fatally wounding one man. IN state convention at Lincoln, Neb. republicans nominated a state ticket headed by T. O. C. Harrison, of Grand Isl and, for judge of the supreme court. A MAD bull at the Cincinnati steck yards attacked John Maher, aged 19, and gored him to death, one horu penetrating the skull near the right ear. MARTHA BLAND, a pensioner of the war of 1812, died at Seneca county, O., aged 100 years. IN state convention at Lincoln, Neh, the democrats nominated Frank I. Irvine for justice of the supreme court to head the ticket. NEAR Goffs, Kan., Gottfreid Greutse, a farmer, had his head completely severed from his body in a runaway accident. THE body of Charles Cook, living near Cairo, Ill., was found in a field close to his farm. He had wandered away six weeks ago. THE death of S. A. Robinson occurred at Dennison, Tex., aged 64 years. He was chief of the United States secret service department during the war and a delegate to the first convention that nominated Lincoln for president. AT Cincinnati ex-President Harrison was installed commander of the Ghio commandery of the Military Order of the Loyal Legion. AT Bumtown, 0., W. K. Hill sought out his wife, who had left him, killed her and her mother and escaped. REV. D.L. MOODY closed the congress of missions in Chicago with a stirring appeal to close the saloons of that city. A BOAT containing a fishing party of four men was overturned in the Mississippi river near St. Louis and two of the party-Joseph Franklin and an unknown man-were drowned. A TERRIBLE wind and rainstorm which passed over Arkansas in the vicinity of Little Rock did great damage. Six persons were reported killed and several severely injured. FREIGHT trains collided near New Haven, Ky., killing Engineers Burke and Higgins. ANDREW LIPPS, a boy. was killed, and Billy Brown, a miner, fatally injured by the explosion of a blast at Clinton, Ind. J. G. WILLIAMSON, of Hawkeye, Ia.. fell under a train at Springfield, Mo., and was killed. NEAR Salina, Ark., white caps were burning gin houses of farmers who sell cotton for less than a certain price.

21. October 12, 1893 Warren Sheaf Warren, MN
Article from Warren Sheaf, October 12, 1893

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WEST AND SOUTH. PAUL KAZMIRE, a wealthy farmer at Brenham, Tex., shot and instantly killed his wife and then fatally shot himself. Jealousy was the cause. AT Columbus, 0., Ralph Smith, aged 13, accidentally shot and fatally injured George Mason, aged 16. TEXAS has perfected arrangements for filing suits to recover 1,000,000 acres of school lands under the act of 1883. TWELVE prominent residents near Columbus, Ind., were indicted by the grand jury for cruelly whipping a woman. THE death of Erastus Wells, ex-congressman, and the first to operate an omnibus west of the Mississippi, occurred at St. Louis. AN unknown person placed a dynamite cartridge between Eliza Dent and Houston Kelly (colored) at Paris, Ky., killing both of them. FULLY 10,000 men were said to be idle in the Mahoning valley, Ohio, and many were suffering for the necessaries of life. Two THOUSAND persons killed and $5,000,0000 worth of property annihilated is the record of the great gulf storm in Louisiana. There has never been anything approximating it since the country was settled. More than half the population in the region over which the hurricane swept are dead. One house in ten is standing and the surviving population is left in a most destitute condition, without food or even clothing, for nearly all were sleeping when their houses were crushed by the wind or the waves. Six prisoners confined in the county jail at Bowling Green, O., escaped by digging a hole through the foundation, one of them being a murderer. THE National bank of Kansas City, Mo., which recently suspended, has been permitted to reopen for business. IN St. Louis at the bimetallic convention resolutions were adopted strongly advocating the free coinage of silver, opposing the further issue of government bonds and demanding the speedy improvement of all great western and southern waterwava.

22. March 21, 1895 People's Voice Wellington, KS
Article from People's Voice, March 21, 1895

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DISCONTINUED BUSINESS! THE NATIONAL BANK OF KAN. SAS CITY SUSPENDS. The Coroner's Inquest Throws No Light on Stevil's Murderer--.General Ezeta Thinks His Followers Chose An UnOpportune Moment. Kansas City, Mo., March 18.-With assets estimated at $1,880,000 and liabilities of $1,050,000, the National Bank of Kansas City, at Fifth and Delaware, suspended this morning and will liquidate and go out of business. At the usual hour of opening the bank, 9:30 o'clock this morning, the following notices were posted on the door: To depositors: The depositors and stockholders of this bank have decided to discontinue business. All depositors will be paid in full. (Signed.) J. S. Chich, president. A second notice read: To whom it may concern: This bank is in the hands of the undersigned (Signed) G. W. Galbraith ,comptroller of currenC5. These announcements caused no excitement. A small crowd gathered around the bank but it soon dwindled away to a half dozen loungers and an occassional passer by, who would read the notices, say "that's too bad," and pass on. Stock holders or depositors called eccasionally and most of them were admitted. In almost every case they would walk to the desk and shake hands with President Chick, who in a few words would explain the situation. His explanation was in every case satisfactory. There was no loud talk and no unfavorable comments were made. Since the publication of the bank's statement on March 5. depositors have been withdrawing their deposits and on Saturday evening it was apparent to the officers of the bank that they could not carry on the business through today unless the clearing house came to their assistance with a loan. A meeting of the clearing house association was called for yesterday which was attended by the directors of the National Bank of Kansas City. CHICK'S STATEMENT. President Chick said: "Saturday we paid out over $60,000 and saw that we could not meet the demand this morning unless something was done. We needed about $600,000 to put us in good standing. Some of the banks were anxious to help us but the feeling was not general, and we consequently declined the assistance. The Bank of Commerce offered to help us, but we had decided to suspend SO as to pay all depositors alike, and no one person will have an advantage. Every depositor will be paid in full and no one will lose a cent. We will endeavor to have a settlement just as soon as possible." A prominent member of the Kansas City Clearing House association said: "The liquidation of the National Bank of Kansas City in no wise affects the other banks of this city. That bank would have to liquidate sooner or later has been for some time a foregone conclusion. When the bank failed on July 15, 1893, during the panic, it was doubtagain. ful then whether or not it would reopen NOMINALLY TWO MILLION. "The probable assets of the bank are close to $2,000,000. but owing to the fact that much of this is represented by boom paper and real estate, it will be very slow for collection. In fact, the closing of the bank can hardly be termed a failure, but simply a gradual dying out. There is but little doubt but what the depositors will receive dollar for dollar with interest for their money, although it may be some time before they get their pay. Current opinion expressed among bankers and others who have information on the matter fixes the amount that will be realized by stockholders at from 25 to 40 per cent of their holdings of stocks. The principal stockholders were on the directory. Cashier W. A. Rule, of the Bank of Commerce, said that telegrams had been sent out by his bank to the country banks who have been customers of the Bank of Kansas City, informing them that all drafts on the suspended bank will be honored by the National Bank of Commerce. I am also notifying the wholesale merchants of this city that our bank will honor their checks if they SO desire. In this way there will be no inconvenience to the merchants or depositors of the Bank of Kansas City. The following figures show the gradual falling off in the bank's business since 1893. On July 12, 1893, the total deposits were $1,990,000; February 28, 1894, $1,777,000; March 5th 1895. $990,000. Local deposits aggregate $400,000; cash on hand yesterday $200,000. The bank is the oldest financial institution in the city having been established by Moses J and W. H. Chick before the war. Ii July 1893. It succumbed to a run and temporarily closed its doors. Although the capital was reduced and the stockholders paid in afifty per cent assessment, the institution has never recovered from the blow it received at that time and its suspension now is directly attributed to that suspension. Officers of the bank are closeted with several of the heavy depositors at this time. It is understood it is the intention to wind up affairs of the institution and retire from business. President J. S. Chick says that the suspension is merely on liquidation, and that not a depositor will lose a cent. Since March 5, depositors have been drawing out as they considered the statement very unfavorable. On Saturday over $60,000 was withdrawn and the officers saw that if the run continued they would not be able to continue payment today. There is no probability that any of the other banks will be affected in any way. While there was considerable excitement when the suspension was first made public yet there is the best of feeling among depositors for the officers of the failed institution. WHAT AILED THE BANK. At the other banks the suspension will be regarded as an unfortunate affair which will have no direct effect except to increase the business of all the other banking institutions. In bank-