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The Bank Failure at Highland, III. ST. LOUIS, May 2-The banking house of F. Ryhiner & Co., of Highland, III., suspended two days ago, but so far no statement of its condition has been made, and nothing definite as to liabilities or assets can be stated. The opinion prevails, however, that the failure is a bad one, and that the loss to depositors will be heavy. An assignment will probably be made.
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A Disastrous Failure. ST. LOUIS, Mo., May 5.-The failure of the banking firm of F. Ryhiner & Co., of Highland III., which was announced a few days ago, is much more disastrous than was at first supposed The liabilities were first placed at $300,000, but are now believed to be in the neighborhood of $900,000, the assets being only $400,000. The personal property of Adolph Bandolier, one of the partners in the broken concern, was attached yesterday morning. F. B. Suppeger, J. C. Ainnian and John Hermann have been appointed assignees of the suspended firm, being required to give $800,000 bonds. It is feared that widespread disaster will result from the suspens on.
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Business Reverses. The liabilities of the suspended banking firm of F. Ryhiner & Co. of Highland, Ill., are estimated at $900,000; assets $400,000.