9490. First National Bank (Belle Plaine, MN)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
7273
Charter Number
7273
Start Date
August 6, 1908
Location
Belle Plaine, Minnesota (44.623, -93.769)

Metadata

Model
gpt-5-mini
Short Digest
78e47ae9

Response Measures

None

Description

The First National Bank of Belle Plaine was closed by order of the Comptroller/Controller of the Currency as insolvent (news dated Aug 6–7, 1908). A receiver (George C. Ball/George C. Bell reported in OCR variants) was appointed. Multiple articles mention the president's suicide (J. G. Lund/Lunde/Lunde) in connection with the insolvency. No distinct depositor run on this specific bank is reported; closure was by government action.

Events (4)

1. May 26, 1904 Chartered
Source
historical_nic
2. August 6, 1908 Receivership
Newspaper Excerpt
George C. Ball was appointed receiver.
Source
newspapers
3. August 6, 1908 Suspension
Cause
Government Action
Cause Details
Closed by order of the Comptroller/Controller of the Currency due to reported insolvency following the suicide of the bank's president.
Newspaper Excerpt
The First National Bank of Belle Plaine, Minn., was closed to-day by order of the Controller of the Currency, upon advice ... that the bank was insolvent.
Source
newspapers
4. August 19, 1935 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (21)

Article from New-York Tribune, August 7, 1908

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MINNEAPOLIS BANKER A SUICIDE. St. Paul, Aug. L-State Bank Examiner Schaeffer, after a meeting to-day with the stockholders of the Robbinsdale State Bank, of Minneapolis, of which the late John G. Lund, who committed suicide in his office in Minneapolis yesterday, was president, decided to close the bank until Monday. Washington, Aug. 6.-The First National Bank of Belle Plaine, Minn, was closed to-day by order of the Controller of the Currency, upon advice received from National Bank Examiner Frank O. Hicks that the bank was insolvent. George C. Ball was appointed receiver. John G. Lund, who committed suicide in Minneapolis yesterday, was president of the bank.


Article from Albuquerque Morning Journal, August 7, 1908

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President a Suicide: Bank Closes., Washington, Aug. 6.-The First National bank of Bell Plain, Minn., was closed today by order of the comptroller of the currency. The bank was reported insolvent, followed by the suicide of the president of the bank. J. G. Lunde. George C. Bell was appointed receiver.


Article from The Billings Gazette, August 7, 1908

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BANK CLOSED. Washington, Aug. 6.-The First National bank of Bell Plaine, Minn., was closed today by order of the comptroller of the currency. The bank was reported insolvent, following the suicide of its president, J. G. Lund. GeoC. Ball was appointed receiver.


Article from The Fargo Forum and Daily Republican, August 7, 1908

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ORDER LUND'S BANKS CLOSED Minneapolis, Aug. 7.-As a result of the suicide of John G. Lund the national bank examiners have ordered the doors of the banks in which Lund was interested, closed until Monday. These banks are the Robbindale State bank and the First National bank of Belle Plaine, Minn. The examiners are making an investigation into the condition of these institutions and sensational developments are expected at any time. Lund was known to have played the wheat markets and had lost vast sums in an effort to regain losses sustained in business reverses and the examiners closed the doors of the banks to make an investigation and to prevent a run on the institutions.


Article from Los Angeles Herald, August 7, 1908

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NATIONAL BANK IS CLOSED; PRESIDENT ENDS HIS LIFE WASHINGTON, Aug. 6.-The First National bank of Belle Plain, Minn., was closed today by order of the comptroller of the currency. The bank was reported insolvent, and this was followed by the suicide of the president of the bank, J. G. Lunde. George C. Ball was appointed receiver.


Article from The Laramie Republican, August 8, 1908

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Minnesota Bank Closed. Washington, D. C., Aug. 8.-The First National bank of Bell Plaine, Minn., has been closed by order of the comptroller of the currency. The bank was reported insolvent, followed by the suicide of the president of the bank, J. G. Lunde. George C. Ball was appointed receiver.


Article from Bisbee Daily Review, August 8, 1908

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BANK CLOSED, BANKER A SUICIDE WASHINGTON, Aug. 7.-The First National Bank of Bell Plaine, Minn., was closed yesterday by order of the comptroller of the currency. The bank is reported insolvent followed by the suicide of the president of the bank, J. C. Lunde. George C. Ball was appointed receiver.


Article from Montpelier Examiner, August 14, 1908

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NEWS SUMMARY The plant of the Jenkins Rubber company at Elizabeth, N. Y., has been practically destroyed by fire, causing a loss of $100,000. John Gregson, a stockman of Columbus, Mont., was killed by a train at Kenzie, S. D., while en route to Chicago with a shipment of cattle. The Shevlin-Mathiu Lumber company's sawmill at Beaudette, Wis., caught 'fire and burned to the ground, causing a loss of approximately $250, 000. The Hearst Independence party is planning to put a full state ticket in the field in Kansas by means of a petition containing the names of 2,500 voters. The new Finnish diet was formally opened at the palace at Helsingfors on August 5, by Governor-General Boeckman, with the customary ceremonials. Formal ratifications of the new trademark and copyright treaty between the Japanese government and the United States were exchanged on August 6. In an encounter between the police and a band of brigands, who have long terrorized the suburbs of Tiflis, live of the latter were killed and the others captured. John-Zett, a farmer living on the Bolton road near Vernon, Conn., killed his wife and granddaughter and tried to kill his son, using a sledge hammer and a knife. William E. English, a private in company 115, coast artillery, awaiting trial for desertion, was shot and killed at the Presidio, San Francisco, while trying to escape. Three children, aged 1, 2 and 4 years, respectively, were burned to death at Minneapolis. The mother. Mrs. Frank Lindberg, locked the children in a room and went shopping. A number of persons were burned to death and 100 houses were destroyed by fire at Donauschingen, Germany. Fortunately a heavy rain fell d and stopped the progress of the conflagration. China has formally accepted the date, January 1, next, and the selection of the city of Shanghai, as the f time and place for holding the meetIt ing of the international opium coma mission. The people of Constantine, Algeria, s are still in a state of terror from the S earthquake shocks of a few days ago, fearing a repetition, and there is, < in consequence, a steady exodus to the country ., 1The Orthodox Missionary congress, i which is now in session at Kiev, has le taken a backward and unpopular step h, in petitioning the government to again 1- make obligatory in Poland the use of is the Russian calendar. William F. Downing, a member of ef the old Stiles Alvord band of outlaws, m who ten years ago operated in southT, ern Arizona, was killed in his saloon e at Wilcox, Ariz., by Ranger William V Speed, while resisting arrest. n The First National bank of Bell r Plaine, Minn., has been closed by order of the comptroller of the curh rency. The bank was reported insole vent, followed by the suicide of the e president of the bank, J. G. Lunde. es Official estimates of the fire losses g to the insurance companies as the rep sult of the forest fires in British Co4, lumbia have been prepared by the special representatives and adjusters. is, They place the amount at $2,850,000. re Members of the United Brothergihood of Tailors of New York City are ue again threatening a general strike, is t which, if called, will involve 30,000 on coat makers and helpers. At present the men are working from ten to eleven hours. inBronson Howard, the dean of Amered is ican playwrights, died Alugust 4, at th Avon-by-the-Sea. He was born in Detroit, in 1842. Like most men of his ng by profession he began his career in a as newspaper office, being a reporter on the Detroit Free Press. ng Miss Elizabeth Barnett, recently as acquitted of the murder of Oscar Pet00 erson, a bachelor farmer, and re-arnt. rested on a charge of forgery, escaped kefrom Sheriff Hartley to the brush-eov nd ered sand ridges on the shore of Sagi. th naw bay, ten miles northwest of Bay City, Mich adScott Pound and Ray C. Baird, two led Seattle youths, about 18 years of age, ng were surprised at work robbing a sa ng loon in San Francisco, into which they had forced an onescape Pounds was shot astrying killed to entrance, and and in at by a policeman after a chase of two blocks. nd While clearing away the ruins of el the explosion in the Rikovsky mine al., which resulted in the death of about en two hundred men, the authorities ed found a set of counterfeiting tools erand a quantity of spurious money. I ecis believed the counterfeiters cause the explosion. of The record run from Denver to led Cheyenne in an automobile was made er, last week by J. W. Barker, president emcf the Northern Colorado Power com the pany, and party. They left Denve ing at 2:26 p. m., and at 6:30 p. m. stop out ped at Cheyenne. Mr. Barker's SO was at the wheel. a Giving of lands for playgrounds


Article from The Garland Globe, August 15, 1908

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NEWS SUMMARY The plant of the Jenkins Rubber company at Elizabeth, N. Y., has been practically destroyed by fire, causing a loss of $100,000. John Gregson, a stockman of Columbus, Mont., was killed by a train at Kenzie, S. D., while en route to Chicago with a shipment of cattle. The Shevlin-Mathiu Lumber company's sawmill at Beaudette, Wis., caught fire and burned to the ground, causing a loss of approximately $250,'000 The Hearst Independence party is planning to put a full state ticket in the field in Kansas by means of a petition containing the names of 2,500 voters. The new Finnish diet was formally opened at the palace at Helsingfors on August 5. by Governor-General Boeckman, with the customary ceremonials. Formal ratifications of the new trademark and copyright treaty between the Japanese government and the United States were exchanged on August 6. In an encounter between the police and a band of brigands, who have long terrorized the suburbs of Tiflis, five of the latter were killed and the others captured. John Zett, a farmer living on the Bolton road near Vernon. Conn., killed his wife and granddaughter and tried to kill his son, using a sledge hammer and a knife. William E. English, a private in company 115, coast artillery, awaiting trial for desertion, was shot and killed at the Presidio, San Francisco, while trying to escape. Three children, aged 1, 2 and 4 years, respectively, were burned to death at Minneapolis. The mother, Mrs. Frank Lindberg, locked the children in a room and went shopping. A number of persons were burned to death and 100 houses were destroyed by fire at Donauschingen, Germany. Fortunately a heavy rain fell and stopped the progress of the conflagration. China has formally accepted the date, January 1, next, and the selection of the city of Shanghai, as the time and place for holding the meeting of the international opium commission. The people of Constantine, Algeria, are still in a state of terror from the earthquake shocks of a few days ago, fearing a repetition, and there is, in consequence, a steady exodus to the country. The Orthodox Missionary congress, which is now in session at Kiev, has taken a backward and unpopular step in petitioning the government to again make obligatory in Poland the use of the Russian calendar. William F. Downing, a member of the old Stiles Alvord band of outlaws, who ten years ago operated in southern Arizona, was killed in his saloon at Wilcox. Ariz., by Ranger William Speed, while resisting arrest. The First National bank of Bell Plaine, Minn., has been closed by order of the comptroller of the currency. The bank was reported insolvent, followed by the suicide of the president of the bank, J. G. Lunde. Official estimates of the fire losses to the insurance companies as the result of the forest fires in British Columbia have been prepared by the special representatives and adjusters. They place the amount at $2,850,000. Members of the United Brotherhood of Tailors of New York City are again threatening a general strike, which, if called, will involve 30,000 coat makers and helpers. At present the men are working from ten to eleven hours. Bronson Howard, the dean of American playwrights, died Alugust 4, at Avon-by-the-Sea. He was born in Detroit, in 1842. Like most men of his profession he began his career in a newspaper office, being a reporter on the Detroit Free Press.


Article from The Ely Miner, August 28, 1908

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NEWS NOTES. Duluth—Duluth man begs for whisky and drops dead as glass is raised to his lips. St. Paul—Governor Johnson issues proclamation declaring Sept. 7 as Labor Day. Hamline—Plans are progressing for a big auto meet to be held during the state fair week. St. Paul—Little girl is almost trampled to death by brewery team traveling on Seventh street. Luverne—Young couple elope from here; father pursues, is eluded, but after wedding he relents. Duluth—Considerable damage was done in the city by the heaviest rain and wind storm of the season. Minneapolis—John A. Johnson of Minnesota is going to Nebraska to "help carry the state" for Mr. Bryan. Hastings—Some excitement was caused here when one of the main business blocks was threatened by fire. St. Paul—Pet dog owned by Lieut. Meyerding of the police force becomes supposedly mad and creates much excitement. Minneapolis—Three fires end in one fatality and cause damage estimated at $80,000. Wholesale district was threatened. Washington—Louis M. Larson was appointed postmaster at Alberta, Stevens county, Minn., in place of Bernard Morris. Minneapolis—Peter Knipper, 70 years old, fell downstairs in his home at 216 Plymouth avenue. His skull was fractured, causing death. St. Paul—Preparations are being made for the reunion of the members of the old Fourteenth Minnesota infantry, which will take place Sept. 4. The reunion is to be held at the armory. Belle Plaine—It is probable that the First National bank, in which institution the late John G. Lund, who committed suicide in his Minneapolis office a short time ago, held a controlling interest, will open for business shortly. Breckenridge—Rev. Wolner, of the Episcopal church of this city, has occasioned much comment by personally selling ice cream cones and pop to the crowd in attendance at a circus here a few days ago. He took that means of raising funds for his church. Duluth—The Duluth Street Railway company, now operating under a franchise which still has twenty-three years to run, has applied to Secretary of State Julius Schmahl for new articles of incorporation to extend fifty years from date, with a capital of $1,500,000. St. Peter—Construction and repair work on the lines of the Nicollet County Telephone company, with headquarters in this city, is at a standstill. Linemen in the employ of the company are on strike. Duluth—Not a single fatality resulted from the cyclone which swept down upon the harbor here. The last missing yachting party has been accounted for. New Ulm—The Evangelical Lutheran synodical conference of North America assembled in this city for its nineteenth biennial session. Minneapolis—The price of flour will go higher this fall than it was last after the milling of the new wheat. This is the belief of John Washburn, vice-president of the Washburn-Crosby Milling company. Washington—Rural carriers appointed: Minnesota—Rush City, route 3, Charles W. Mahlen. Iowa—Dysart, route 1, Ralph G. Myers; Elgin, route 4, Carl A. Hackmann. Duluth—Nels Carlson, a farmer 40 years old, residing near here, was found dead in a tent which he was occupying.


Article from The Hickman Courier, January 7, 1909

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Texas saving bank, placed in receiver's hands. 18-John R. Walsh, president Chicago National bank and several railroads, convicted of misappropriating institution's funds. 21-Capital State Bank. Boise, Idaho, suspended. 22-Traders and Mechanics' Bank, Pittsburg. Pa., closed doors. 25-National Bank of North America, New York, closed for liquidation, by order of government. 29-New Amsterdam National bank, capItal $1,000,000, and Mechanies and Traders' bank, both of New York. taken in charge by comptroller of currency. 31-Oriental Bank of New York closed doors. following run. Feb. 13-W. B. Ridgely, comptroller of currency, accepted presidency of reorganized National Bank of Commerce, Kansas City, Mo. 26-International and Great Northern Railroad Co., a Gould line, placed in receivers' hands. 27-Financiers E. R. Thomas and O. F. Thomas indicted on charge of mismanagement of funds of Provident Savings Life Assurance society. Mar. 13-John R. Walsh denied new trial; sentenced to five years in federal prison. 16-People's National bank, Aspin, Col., closed. Apr. 1-Pike County Bank and Trust Co., Macomb City, Miss., placed in receiver's hands. 21-Bank of Wauseon, Wauseon, O., closed doors. 24-T. A. McIntyre & Co., with houses in many cities, failed for $1,000,000. May 8-Euclid Avenue Trust Co., Cleveland, O., assigned. 14-Reserve Trust Co., and American Savings bank, Cleveland, O., closed their doors. 28-G. W. MacMillen & Co., Pittsburg, Pa., stockbrokers, falled; liabilities, $1,800,000. Jun. 3-Kosciusko Company bank, Warsaw. Ind., closed by state auditor. 23-Citizens' bank, Dover, Ky., closed doors. Jul. 14-National Deposit bank. Philadelphia, Pa., closed by comptroller of currency. 17-Farmers and Merchants' Banking Co., Cleveland, O., failed. 22-Standard on $29,240,000 fine deetsion unanimously reversed by United States court of appeals at Chieago. Aug. 6-First National bank, Belle Plaine, Minn., closed by order comptroller of currency: bank was insolvent: President J. G. Lund committed suicide. 25-A. O. Brown & Co., one of largest New York brokerage firms, failed; liabilities over $1,000,000. Sep. 10-A. Booth & Co., largest fish house in country, forced into receiver's hands. Oct. 16-Union National bank, Sommerville, Pa., closed by government. Nov. 5-Charles W. Morse and Alfred H. Curtis, great financiers, found guilty of misapplication of funds and falsifying books of National Bank of America, New York. 6-C. W. Morse sentenced to 15 years: Curtis given liberty on suspended sentence. 23-Eldred bank of Eldred. Pa., suspended; capital stock, $100,000. Dec. 7-National exchange bank at Springfield, Mo., closed: excitement caused by effort of W. O. Oldham. cashier of State Savings bank. to shoot President H. B. McDaniel, of Union National bank. 11-Springport, Mich., State Savings bank closed by bank examiner. 16-Somersworth, N. H., First National bank closed. following discovery of shortage of $85,000. 23-Thomas F. Ryan announced retirement from finance. 26-Henry W. Poor, New York broker, assigned for creditors,


Article from The Hayti Herald, January 7, 1909

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TODO ICAN Texas saving bank, placed in receiver's hands. 18-John R. Walsh, president Chicago National bank and several railroads, convicted of misappropriating institution's funds. 22-Traders and Mechanics' Bank, Pittsburg. Pa. closed doors. 25-National Bank of North America, New York, closed for liquidation, by order of government. 29-New Amsterdam National bank, capital $1,000,000. and Mechanics and Traders' bank, both of New York, taken in charge by comptroller of currency. Feb. 13-W. B. Ridgely, comptroller of currency, accepted presidency of reorganized National Bank of Commerce, Kansas City, Mo. 27-Financiers E. R. Thomas and O. F. Thomas indicted on charge of mismanagement of funds of Provident Savings Life Assurance society. Mar. 13-John R. Walsh denied new trial; sentenced to five years in federal prison. Apr. 1-Pike County Bank and Trust Co., Macomb City, Miss., placed in receiver's hands. 24-T. A. McIntyre & Co., with houses in many cities, failed for $1,000,000. May 8-Euelid Avenue Trust Co., Cleveland, O., assigned. 14-Reserve Trust Co., and American Savings bank, Cleveland, O., closed their doors. 28-G. W. MacMillen & Co., Pittsburg. Pa., stockbrokers, failed; liabilities, $1,800,000. Jun. 3-Kosclusko Company bank, Warsaw, Ind., closed by state auditor. Jul. 14-National Deposit bank, Philadel. phia, Pa., closed by comptroller of currency. 17-Farmers and Merchants' Banking Co., Cleveland, O., failed. 22-Standard on $29,240,000 fine declsion unanimously reversed by United States court of appeals at Clilcago. Aug. 6-First National bank, Belle Plaine, Minn., closed by order comptroller of currency; bank was insolvent; President J. G. Lund committed suicide. 25-A. O. Brown & Co., one of largest New York brokerage firms, failed; liabilities over $1,000,000. Sep. 10-A. Booth & Co., largest fish house in country, forced into receiver's hands. Nov. 5-Charles W. Morse and Alfred H. Curtis, great financiers, found guilty : of misapplication of funds and falsifying books of National Bank of AmerI Ica, New York. I 6=C. W. Morse sentenced to 15 years; Curtis given liberty on suspended sentence. Dec. 7-National exchange bank at 1 Springfield, Mo. closed; excitement , caused by effort of W. O. Oldham, cashier of State Savings bank, to shoot President H. B. McDaniel, of Union Na. . tional bank. 11-Springport, Mich., State Savings bank 1 closed by bank examiner. 16-Somersworth, N. H., First National 9 bank closed, following discovery of shortage of $85,000. 1 23-Thomas F. Ryan announced retirement from finance. : 26-Henry W. Poor, New York broker, assigned for creditors. a


Article from Gilpin Observer, January 7, 1909

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FINANCIAL $ $ Jan. 2-State Bank, Rockyford, Col., closed doors. Ka 6-Four big New York diamond firms forced into trustee's hands: liabilities, $4,500,000. 8-Chicago Great Western railroad JOHN placed in hands of D. receivers. ROCKEFELLER 16-Western Bank and Trust Co., Dallas, Tex. largest Texas saving bank, placed in receiver's hands. 18-John R. Walsh, president Chicago National bank and several railroads, convicted of misappropriating institution's funds. 21-Capital State Bank, Boise, Idaho, suspended. 22-Traders and Mechanics' Bank, Pittsburg. Pa.. closed doors. 25-National Bank of North America, New York, closed for liquidation, by order of government. 29-New Amsterdam National bank, capital $1,000,000, and Mechanics and Traders' bank, both of New York, taken in charge by comptroller of currency. 31-Oriental Bank of New York closed doors, following run. Feb. 13-W. B. Ridgely, comptroller of currency, accepted presidency of reorganized National Bank of Commerce, Kansas City, Mo. 26-International and Great Northern Railroad Co., a Gould line, placed in receivers' hands. 27-Financiers E. R. Thomas and O. F. Thomas indicted on charge of mismanagement of funds of Provident Savings Life Assurance society. Mar. 13-John R. Walsh denied new trial; sentenced to five years in federal prison. -People's National bank. Aspin. Col., closed. Apr. 1-Pike County Bank and Trust Co., Macomb City, Miss., placed in receiver's hands. 21-Bank of Wauseon. Wauseon, O., closed doors. 24-T. A. McIntyre & Co., with houses in many cities, failed for $1,000,000. May 8-Euclid Avenue Trust Co., Cleveland, O., assigned. 14-Reserve Trust Co., and American Savings bank, Cleveland, O., closed their doors. 28-G. W. MacMillen & Co., Pittsburg, Pa.. stockbrokers. failed; liabilities, $1,800,000. Jun. 3-Kosclusko Company bank, Warsaw, Ind., closed by state auditor. 23-Citizens' bank, Dover, Ky., closed doors. Jul. 14-National Deposit bank. Philadelphia, Pa., closed by comptroller of currency. 17-Farmers and Merchants' Banking Co., Cleveland, O., failed. 22-Standard on $29,240,000 fine declsion unanimously reversed by United States court of appeals at Chicago. Aug. 6-First National bank, Belle Plaine, Minn., closed by order comptroller of currency; bank was insolvent: President J. G. Lund committed suicide. 25-A. a Brown & Co., one of largest New York brokerage firms, failed; liabilities over $1,000,000. Sep. 10-A. Booth & Co., largest fish house in country, forced into receiver's hands. Oct. 16-Union National bank, Sommerville, Pa., closed by government. Nov. -Charles W. Morse and Alfred H. Curtis, great financiers, found guilty of misapplication of funds and falsifying books of National Bank of America, New York. 6-C. W. Morse sentenced to 15 years; Curtis given liberty on suspended sentence. 23-Eldred bank of Eldred, Pa., suspended: capital stock, $100,000. Dec. 7-National exchange bank at Springfield, Mo., closed: excitement caused by effort of W. O. Oldham, cashier of State Savings bank, to shoot President H. B. McDaniel, of Union National bank. 11-Springport, Mich., State Savings bank closed by bank examiner. 16-Somersworth, N. H., First National bank closed. following discovery of shortage of $85,000. 23-Thomas F. Ryan announced retirement from finance. 26-Henry W. Poor, New York broker, assigned for creditors.


Article from The Montgomery Tribune, January 8, 1909

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FINANCIAL Jan. 2-State Bank, Rockyford, Col., closed doors. 6-Four big New York diamond firms forced into trustee's hands; liabilities, $4,500,000. -Chicago Great Western railroad JOHN placed in hands of receivers. 16-Western Bank and Trust Co., Dallas, Tex., largest Texas saving bank, placed in receiver's hands. 18-John R. Walsh, president Chicago National bank and several railroads, convicted of misappropriating institution's funds. 21-Capital State Bank, Boise, Idaho, suspended. 22-Traders and Mechanics' Bank, Pittsburg, Pa., closed doors. 25-National Bank of North America, New York, closed for liquidation, by order of government. 29-New Amsterdam National bank, capital $1,000,000, and Mechanics and Traders' bank, both of New York, taken in charge by comptroller of currency. 31-Oriental Bank of New York closed doors, following run. Feb. 13-W. B. Ridgely, comptroller of currency, accepted presidency of reorganized National Bank of Commerce, Kansas City, Mo. 26-International and Great Northern Railroad Co., a Gould line, placed in receivers' hands. 27-Financiers E. R. Thomas and O. F. Thomas indicted on charge of mismanagement of funds of Provident Savings Life Assurance society. Mar. 13-John R. Walsh denied new trial; sentenced to five years in federal prison. 16-People's National bank, Aspin, Col., closed. Apr. 1-Pike County Bank and Trust Co., Macomb City, Miss., placed in receiver's hands. 21-Bank of Wauseon, Wauseon, O., closed doors. 24-T. A. McIntyre & Co., with houses in many cities, failed for $1,000,000. May 8-Euclid Avenue Trust Co., Cleveland, O., assigned. 14-Reserve Trust Co., and American Savings bank, Cleveland, O., closed their doors. 28-G. W. MacMillen & Co., Pittsburg, Pa., stockbrokers, failed; liabilities, $1,800,000. Jun. 3-Kosclusko Company bank, Warsaw, Ind., closed by state auditor. 23-Citizens' bank, Dover, Ky., closed doors. Jul. 14-National Deposit bank, Philadelphia, Pa., closed by comptroller of currency. 17-Farmers and Merchants' Banking Co., Cleveland, O., failed. 22-Standard on $29,240,000 fine decision unanimously reversed by United States court of appeals at ChiAug. cago. 6-First National bank, Belle Plaine, Minn., closed by order comptroller of currency; bank was insolvent: President J. G. Lund committed suicide. 25-A. O. Brown & Co., one of largest New York brokerage firms, failed; liabilities over $1,000,000. Sep. 10-A. Booth & Co., largest fish house in country, forced into receiver's hands. Oct. 16-Union National bank, Sommerville, Pa., closed by government. Nov. 5-Charles W. Morse and Alfred H. Curtis, great financiers, found guilty of misapplication of funds and falsifying books of National Bank of America, New York. 6-C. W. Morse sentenced to 15 years; Curtis given liberty on suspended sentence. 23-Eldred bank of Eldred, Pa., suspended; capital stock, $100,000. Dec. 7-National exchange bank at Springfield, Mo., closed; excitement caused by effort of W. O. Oldham, cashier of State Savings bank, to shoot President H. B. McDaniel, of Union National bank. 11-Springport, Mich., State Savings bank closed by bank examiner. 16-Somersworth, N. H., First National bank closed, following discovery of shortage of $85,000. 23-Thomas F. Ryan announced retirement from finance. 26-Henry W. Poor, New York broker, assigned for creditors.


Article from Washington Telegraph, January 8, 1909

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o tional bank and se railroads, convicted of msapprop aring institution's f funds. 22-Traders and Mechanics' Bank, Pittsburg, Pa. closed doors. t 25-NationalBank of North America, New York, closed for liquidation, by order of government. 29-New Amsterdam National bank, capital $1,000,000, and Mechanics and Traders' bank, both of New York, taken in charge by comptroller of currency. Feb. of 13-W. B. Ridgely, comptroller currency, accepted presidency of reorganized National Bank of Commerce, Kansas City, Mo. 27-Financiers E. R. Thomas and O. F. Thomas indicted on charge of mismanagement of funds of Provident Savings Life Assurance society. Mar. 13-John R. Walsh denied new trial; sentenced to five years in federal prison. Apr. 1-Pike County Bank and Trust Co., Macomb City, Miss., placed in receiver's hands. 24-T. A. McIntyre & Co., with houses in many cities, failed for $1,000,000. May 8-Euclid Avenue Trust Co., Cleveland, O., assigned. 14-Reserve Trust Co., and American Savings bank, Cleveland, O., closed their doors. 28-G. W. MacMillen & Co., Pittsburg, Pa., stockbrokers, failed; liabilities, $1,800,000. Jun. 3-Kosciusko Company bank, Warsaw, Ind., closed by state auditor. Jul. 14-National Deposit bank, Philadelphia, Pa., closed by comptroller of currency. 17-Farmers and Merchants' Banking Co., Cleveland, O., failed. 22-Standard Oil $29,240,000 fine decision unanimously reversed by United States court of appeals at Chicago. Aug. 6-First National bank, Belle Plaine, Minn., closed by order comptroller of currency; bank was insolvent; President J. G. Lund committed suicide. 5-A. O. Brown & Co., one of largest New York brokerage firms, failed; liabilities over $1,000,000. ep. 10-A. Booth & Co., largest fish house in country, forced into receiver's hands. OV. 5-Charles W. Morse and Alfred H. Curtis, great financiers, found guilty of misapplication of funds and falsifying books of National Bank of AmerIca, New York. -C. W. Morse sentenced to 15 years; Curtis given liberty on suspended senlence. ec. 7-National exchange bank at Springfield, Mo., closed; excitement aused by effort of W. O. Oldham, ashier of State Savings bank, to shoot President H. B. McDaniel, of Union Nadonal bank. Springport, Mich., State Savings bank losed by bank examiner. Somersworth, N. H., First National ank closed, following discovery of hortage of $85,000. Thomas F. Ryan announced retire2 ent from finance. Henry W. Poor, New York broker, as2 gned for creditors.


Article from The Julesburg Grit-Advocate, January 8, 1909

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TEXT TOTAL Texas saving bank, placed in receiver's hands. 18-John R. Walsh, president Chicago National bank and several railroads, convicted of misappropriating institution's funds. 21-Capital State Bank, Boise, Idaho, suspended. 22-Traders and Mechanics' Bank, Pittsburg. Pa., closed doors. 25-National Bank of North America. New York, closed for liquidation, by order of government. 29-New Amsterdam National bank. capital $1,000,000, and Mechanics and Traders' bank, both of New York, taken in charge by comptroller of currency. 31-Oriental Bank of New York closed doors. following run. Feb. 13-W. B. Ridgely. comptroller of currency. accepted presidency of reorganized National Bank of Commerce, Kansas City. Mo. 26-International and Great Northern Railroad Co., a Gould line, placed in receivers' hands. 27-Financiers E. R. Thomas and O. F. Thomas indicted on charge of mismanagement of funds of Provident Savings Life Assurance society. Mar. 13-John R. Walsh denied new trial; sentenced to five years in federal prison. 16-People's National bank, Aspin, Col., closed. Apr. 1-Pike County Bank and Trust Co., Macomb City, Miss., placed in receiver's hands. 21-Bank of Wauseon, Wauseon, O., closed doors. 24-T. A. McIntyre & Co., with houses in many cities, failed for $1,000,000. May 8-Euclid Avenue Trust Co., Cleveland, O., assigned. 14-Reserve Trust Co., and American Savings bank, Cleveland, O., closed their doors. 28-G. W. MacMillen & Co., Pittsburg, Pa., stockbrokers, failed; liabilities, $1,800,000. Jun. 3-Kosctusko Company bank, Warsaw. Ind., closed by state auditor. 23-Citizens' bank, Dover, Ky., closed doors. Jul. 14-National Deposit bank. Philadelphia, Pa., closed by comptroller of currency. 17-Farmers and Merchants' Banking Co., Cleveland, O., failed. 23-Standard on $29,240,000 fine deelalon unanimously reversed by United States court of appeals at Chieago. Aug. 6-First National bank, Belle Plaine, Minn., closed by order comptroller of currency: bank was insolvent: President J. G. Lund committed suicide. 25-A. O. Brown & Co., one of largest New York brokerage firms, failed; liabilities over $1,000,000. Sep. 10-A. Booth & Co., largest fish house in country, forced into receiver's hands. Oct. 16-Union National bank, Sommerville, Pa., closed by government. Nov. 5-Charles W. Morse and Alfred H. Curtis, great financiers, found guilty of misapplication of funds and falsifying books of National Bank of AmerIca, New York. -C. W. Morse sentenced to 15 years: Curtis given liberty on suspended sentence. 23-Eldred bank of Eldred. Pa., suspended; capital stock, $100,000. Dec. 7-National exchange bank at Springfield, Mo., closed; excitement caused by effort of W. O. Oldham. cashier of State Savings bank. to shoot President H. B. McDaniel, of Union National bank. 11-Springport. Mich. State Savings bank closed by bank examiner. 16-Somersworth, N. H., First National bank closed. following discovery of shortage of $85,000. 23-Thomas F. Ryan announced retirement from finance. 26-Henry W. Poor. New York broker, assigned for creditors.


Article from The State Herald, January 8, 1909

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-John R. Walsh, president Chicago National bank and several railroads, convicted of misappropriating institution's funds. 21-Capital State Bank, Boise, Idaho, suspended. -Traders and Mechanics' Bank, Pittsburg. Pa., closed doors. 25-National Bank of North America, New York, closed for liquidation, by order of government. 29-New Amsterdam National bank, capital $1,000,000. and Mechanics and Traders' bank, both of New York, taken in charge by comptroller of currency. 31-Oriental Bank of New York closed doors. following run. Feb. 13-W. B. Ridgely, comptroller of currency. accepted presidency of reorganized National Bank of Commerce, Kansas City, Mo. 26-International and Great Northern Railroad Co., a Gould line, placed in receivers' hands 27-Financiers E. R. Thomas and O. F. Thomas indicted on charge of mismanagement of funds of Provident Savings Life Assurance society. Mar. 13-John R. Walsh denied new trial; sentenced to five years in federal prison. 16-People's National bank, Aspin, Col., closed. Apr. 1-Pike County Bank and Trust Co. Macomb City, Miss. placed in receiver's hands. 21-Bank of Wauseon, Wauseon, O., closed doors. 24-T. A. McIntyre & Co., with houses in many cities, failed for $1,000,000. May 8-Euclid Avenue Trust Co., Cleveland, O., assigned. 14-Reserve Trust Co., and American Savings bank, Cleveland, O., closed their doors. 28-G. W. MacMillen & Co., Pittsburg, Pa., stockbrokers, falled: liabilities. $1,800,000. Jun. 3-Kosclusko Company bank, Warsaw. Ind., closed by state auditor. 23-Citizens' bank. Dover, Ky., closed doors. Jul. 14-National Deposit bank. Philadelphia, Pa., closed by comptroller of currency. 7-Farmers and Merchants' Banking Co., Cleveland, O., failed. 22-Standard OIL $29,240,000 fine deelsion unanimously reversed by United States court of appeals at Chieago. Aug. 6-First National bank. Belle Plaine, Minn., closed by order comptroller of currency: bank was insolvent: President J. G. Lund committed suicide. 25-A. O. Brown & Co., one of largest New York brokerage firms. failed: lia© bilities over $1,000,000. Sep. 10-A. Booth & Co., largest fish house in country, forced Into receiver's hands. Oct. 16-Union National bank, Sommerville, Pa., closed by government. Nov. -Charles W. Morse and Alfred H. Curtis, great financiers, found guilty of misapplication of funds and falsifying books of National Bank of Amerlea. New York 6-C. W. Morse sentenced to 15 years: Curtis given liberty on suspended sentence. 23-Eldred bank of Eldred, Pa.. suspended: capital stock, $100,000. Dec. 7-National exchange bank at Springfield, Mo., closed: excitement caused by effort of W. O. Oldham, cashier of State Savings bank. to shoot President H. B. McDaniel, of Union National bank. 11-Springport, Mich. State Savings bank closed by bank examiner. 16-Somersworth N. H., First National bank closed following discovery of shortage of $85,000. 23-Thomas F Ryan announced retirement from finance 26-Henry W. Poor. New York broker. assigned for creditors


Article from Perrysburg Journal, January 8, 1909

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Texas saving bank, placed in receiver's hands. 18-John R. Walsh, president Chicago National bank and several railroads, convicted of misappropriating institution's funds. 21-Capital State Bank, Boise, Idaho, suspended. 22-Traders and Mechanics' Bank, Pittsburg, Pa., closed doors. 25-N: ional Bank of North America, New Yor: closed for liquidation, by order of government. 29-New Amsterdam National bank, capital $1,000,000. and Mechanics and Traders' bank, both of New York, taken in charge by comptroller of currency. 31-Oriental Bank of New York closed doors, following run. Feb. 13-W. B. Ridgely, comptroller of currency, accepted presidency of reorganized National Bank of Commerce, Kansas City, Mo. 26-International and Great Northern Railroad Co., a Gould line, placed in receivers' hands. 27-Financiers E. R. Thomas and O. F. Thomas indicted on charge of mismanagement of funds of Provident Savings Life Assurance society. Mar. 13-John R. Walsh denied new trial; sentenced to five years in federal prison. 16-People's National bank, Aspin, Col., closed. Apr: 1-Pike County Bank and Trust Co., Macomb City, Miss., placed in receiver's hands. 21-Bank of Wauseon, Wauseon, O., closed doors. 24-T. A. McIntyre & Co., with houses in many cities, failed for $1,000,000. May 8-Euclid Avenue Trust Co., Cleveland, O., assigned. 14-Reserve Trust Co., and American Savings bank, Cleveland, O., closed their doors. 28-G. W. MacMillen & Co., Pittsburg, Pa., stockbrokers, failed; liabilities, $1,800,000. Jun. 3-Kosciusko Company bank, Warsaw, Ind., closed by state auditor. 23-Citizens' bank, Dover, Ky., closed doors. Jul. 14-National Deposit bank, Philadelphia, Pa., closed by comptroller of currency. 17-Farmers and Merchants' Banking Co., Cleveland, O., failed. 22-Standard Oil $29,240,000 flue decision unanimously reversed by United States court of appeals at Chicago. Aug. 6-First National bank, Belle Plaine, Minn., closed by order comptroller of currency: bank was insolvent: President J. G. Lund committed suicide. 25-A. O. Brown & Co., one of largest New York brokerage firms, failed; liabilities over $1,000,000. Sep. 10-A. Booth & Co., largest fish house in country, forced into receiver's hands. Oct. 16-Union National bank, Sommerville, Pa., closed by government. Nov. 5-Charles W. Morse and Alfred H. Curtis, great financiers, found guilty of misapplication of funds and falsifying books of National Bank of America, New York. 6-C. W. Morse sentenced to 15 years; Curtis given liberty on suspended sentence. 23-Eldred bank of Eldred, Pa., suspended; capital stock, $100,000. Dec. 7-National exchange bank at Springfield, Mo., closed; excitement caused by effort of W. O. Oldham, cashier of State Savings bank, to shoot President H. B. McDaniel, of Union National bank. 11-Springport, Mich., State Savings bank closed by bank examiner. 16-Somersworth, N. H., First National bank closed, following discovery of shortage of $85,000. 23-Thomas F. Ryan announced retirement from finance. 26-Henry W. Poor, New York broker, assigned for creditors.


Article from The Chanute Times, January 8, 1909

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FINANCIAL Jan. 2-State Bank, Rockyford, Col., closed doors. 6-Four big New York diamond firms forced into trustee's hands; liabilities, $4,500,000. 8-Chicago Great Western railroad JOHN placed in hands of receivers. ROCKEFELLER 16-Western Bank and Trust Co., Dallas, Tex., largest Texas saving bank, placed in receiver's hands. 18-John R. Walsh, president Chicago National bank and several railroads, convicted of misappropriating institution's funds. 21-Capital State Bank, Boise, Idaho, suspended. 22-Traders and Mechanics' Bank, Pittsburg, Pa., closed doors. 25-National Bank of North America, New York, closed for liquidation, by order of government. 29-New Amsterdam National bank, capital $1,000,000, and Mechanics and Traders' bank, both of New York, taken in charge by comptroller of currency. 31-Oriental Bank of New York closed doors, following run. Feb. 13-W. B. Ridgely, comptroller of currency, accepted presidency of reorganized National Bank of Commerce, Kansas City, Mo. 26-International and Great Northern Railroad Co., a Gould line, placed in receivers' hands. 27-Financiers E. R. Thomas and O. F. Thomas indicted on charge of mismanagement of funds of Provident Savings Life Assurance society. Mar. 13-John R. Walsh denied new trial; sentenced to five years in federal prison. 16-People's National bank, Aspin, Col., closed. Apr. 1-Pike County Bank and Trust Co., Macomb City, Miss., placed in receiver's hands. 21-Bank of Wauseon, Wauseon, O., closed doors. 24-T. A. McIntyre & Co., with houses in many cities, failed for $1,000,000. May 8-Euclid Avenue Trust Co., Cleveland, O., assigned. 14-Reserve Trust Co., and American Savings bank, Cleveland, O., closed their doors. 28-G. W. MacMillen & Co., Pittsburg, Pa., stockbrokers, failed; liabilities, Jun. $1,800,000. 3-Kosciusko Company bank, Warsaw, Ind., closed by state auditor. 23-Citizens' bank, Dover, Ky., closed Jul. doors. -National Deposit bank, Philadelphia, Pa., closed by comptroller of cur17-Farmers rency. and Merchants' Banking Co., Cleveland, O., failed. 22-Standard Oil $29,240,000 fine dectsion unanimously reversed by United States court of appeals at ChiAug. engo. 6-First National bank, Belle Plaine, Minn., closed by order comptroller of currency; bank was insolvent; President J. G. Lund committed suicide. 25-A. O. Brown & Co., one of largest New York brokerage firms, failed; liabilities over $1,000,000. Sep. 10-A. Booth & Co., largest fish house in country, forced into receiver's Oct. hands. 16-Union National bank, Sommerville, Pa., closed by government. Nov. 5-Charles W. Morse and Alfred H. Curtis, great financiers, found guilty of misapplication of funds and falsifying books of National Bank of America, New York. 6-C. W. Morse sentenced to 15 years; Curtis given liberty on suspended sen23-Eldred tence. bank of Eldred, Pa., suspended; capital stock, $100,000. Dec. 7-National exchange bank at Springfield, Mo., closed; excitement caused by effort of W. O. Oldham, cashier of State Savings bank, to shoot President H. B. McDaniel, of Union National bank. 11-Springport, Mich., State Savings bank closed by bank examiner. 16-Somersworth, N. H., First National bank closed, following discovery of shortage of $85,000. 23-Thomas F. Ryan announced retirement from finance. 26-Henry W. Poor, New York broker, assigned for creditors.


Article from Little Falls Herald, January 8, 1909

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FINANCIAL Jan. 2-State Bank, Rockyford, Col., closed doors. -Four big New York diamond firms forced into trustee's hands; liabilities, $4,500,000. 8-Chicago Great Western railroad JOHN placed in hands of receivers. 16-Western Bank ROCKEPELLE and Trust Co., Dallas, Tex., largest Texas saving bank, placed in receiver's hands. 18-John R. Walsh, president Chicago National bank and several railroads, convicted of misappropriating institution's funds. 21-Capital State Bank, Boise, Idaho, suspended. 22-Traders and Mechanics' Bank, Pittsburg, Pa., closed doors. National Bank of North America, New York, closed for liquidation, by order of government. 29-New Amsterdam National bank, capital $1,000,000, and Mechanics and Traders' bank, both of New York, taken in charge by comptroller of currency. 81-Oriental Bank of New. York closed doors, following run. Feb. 13-W. B. Ridgely, comptroller of currency, accepted presidency of reorganized National Bank of Commerce, Kansas City, Mo. 26-International and Great Northern Railroad Co., a Gould line, placed in receivers' hands. 27-Financiers E. R. Thomas and O. F. Thomas indicted on charge of mismanagement of funds of Provident Savings Life Assurance society. Mar. 13-John R. Walsh denied new trial; sentenced to five years in federal prison. 16-People's National bank, Aspin, Col., closed. Apr. 1-Pike County Bank and Trust Co., Maoomb City, Miss., placed in receiver's hands. 21-Bank of Wauseon, Wauseon, O., closed doors. 24-T. A. McIntyre & Co., with houses in many cities, failed for $1,000,000. May 8-Euclid Avenue Trust Co., Cleveland, O., assigned. 14-Reserve Trust Co., and American Savings bank, Cleveland, O., closed their doors. 20-G. W. MacMillen & Co., Pittsburg. Pa., stockbrokers, failed; liabilities, $1,800,000. Jun. 3-Kosciusko Company bank, War saw, Ind., closed by state auditor. 23-Citizens' bank, Dover, Ky., closed doors. Jul. 14-National Deposit bank, Philadelphia, Pa., closed by comptroller of currency. 17-Farmers and Merchants' Banking Co., Cleveland, O., failed. Aug. 6-First National bank, Belle Plaine, Minn., closed by order comptroller of currency; bank was insolvent; President J. G. Lund committed suicide. 25-A. O. Brown & Co., one of largest New York brokerage firms, failed; liabilities over $1,000,000. Sep. 10-A. Booth & Co., largest fish house in country, forced into receiver's hands. Oct. 16-Union National bank, Sommerville, Pa., closed by government. Nov. 5-Charles W. Morse and Alfred H. Curtis, great financiers, found guilty of misapplication of funds and falsifying books of National Bank of America, New York. 6-C. W. Morse sentenced to 15 years; Curtis given liberty on suspended sentence. 23-Eldred bank of Eldred, Pa., suspended; capital stock, $100,000. Dec. 7-National exchange bank at Springfield, Mo., closed; excitement caused by effort of W. O. Oldham, cashier of State Savings bank, to shoot President H. B. McDaniel, of Union National bank. -Springport, Mich., State Savings bank closed by bank examiner.


Article from Barbour County Index, January 13, 1909

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Texas saving bank, placed in receiver's hands. 18-John R. Walsh, president Chicago National bank and several railroads, convicted of misappropriating institution's funds. 21-Capital State Bank, Boise, Idaho, suspended. 22-Traders and Mechanics' Bank, Pittsburg, Pa., closed doors. 25-National Bank of North America, New York, closed for liquidation, by order of government. 29-New Amsterdam National bank, capital $1,000,000, and Mechanics and Traders' bank, both of New York, taken in charge by comptroller of currency. 31-Oriental Bank of New York closed doors, following run. Feb. 13-W. B. Ridgely, comptroller of currency, accepted presidency of reorganized National Bank of Commerce, Kansas City, Mo. 26-International and Great Northern Railroad Co., a Gould line, placed in receivers' hands. 27-Financiers E. R. Thomas and O. F. Thomas indicted on charge of mismanagement of funds of Provident Savings Life Assurance society. Mar. 13-John R. Walsh denied new tr:al; sentenced to five years in federal prison. 16-People's National bank, Aspin, Col., closed. Apr. 1-Pike County Bank and Trust Co., Macomb City, Miss., placed in receiver's hands. 21-Bank of Wauseon, Wauseon, O., closed doors. 24-T. A. McIntyre & Co., with houses in many cities, failed for $1,000,000. May 8-Euclid Avenue Trust Co., Cleveland, O., assigned. 14-Reserve Trust Co., and American Savings bank, Cleveland, O., closed their doors. 28-G. W. MacMillen & Co., Pittsburg, Pa., stockbrokers, failed; liabilities, $1,800,000. Jun. 3-Kosciusko Company bank, Warsaw, Ind., closed by state auditor. 23-Citizens' bank, Dover, Ky., closed doors. Jul. 14-National Deposit bank, Philadelphia, Pa., closed by comptroller of currency. 17-Farmers and Merchants' Banking Co., Cleveland, O., failed. 22-Standard on $29,240,000 fine decision unanimously reversed by United States court of appeals at Chicago. Aug. 6-First National bank, Belle Plaine, Minn., closed by order comptroller of currency; bank was insolvent: President J. G. Lund committed suicide. 25-A. O. Brown & Co., one of largest New York brokerage firms, failed; liabilities over $1,000,000. Sep. 10-A. Booth & Co., largest fish house in country, forced into receiver's hands. Oct. 16-Union National bank, Sommerville, Pa., closed by government. Nov. 5-Charles W. Morse and Alfred H. Curtis, great financiers, found guilty of misapplication of funds and falsifying books of National Bank of America, New York. 6-C. W. Morse sentenced to 15 years; Curtis given liberty on suspended sentence. 23-Eldred bank of Eldred, Pa., suspended; capital stock, $100,000. Dec. 7-National exchange bank at Springfield, Mo., closed: excitement caused by effort of W. O. Oldham, cashier of State Savings bank, to shoot President H. B. McDaniel, of Union National bank. 11-Springport, Mich., State Savings bank closed by bank examiner. 16-Somersworth, N. H., First National bank closed. following discovery of shortage of $85,000. 23-Thomas F. Ryan announced retirement from finance. 26-Henry W. Poor, New York broker, assigned for creditors.