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Other: Bank repeatedly described as a 'private bank' that closed its doors temporarily after depositors withdrew large portion of deposits; bank told depositors to wait a day or two and expected to pay in full.
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A Duluth Bank Closes Temporarily. DULUTE, MINN., Nov. 29.-The private bank of Hall & Co. closed its doors this morning temporarily. In a run yesterday $30,000 of the $70,000 of deposits were drawn out. No runs have been made on the other banks. They have the largest cash surplus on hand in history.
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BUSINESS AN ASSIGNMENT AT WAXAHACHIE. Special to the Gazette. WAXAHACHIE, TEX., Nov. 29.-The dry goods firm of Mincer & Fair made an assignment last night in favor of the First national bank of this city, the National Exchange bank of Dallas and other preferred creditors. It 18 impossible now to get the amount of liabilities and assets. The firm was one of the most popular in town and did a big business. Their embarrassment is attributed to cotton, they being extensive buyers of the fleeev staple. INDIAN TERRITORY FAILURES. Special to the Gazette. MCALESTER, 1. T., Nov. 29.-The Choctaw trading company assigned today for the benefit of creditors. Liabilities, $40,000; assets, $50,000. The Grady trading company, a corporation doing business in Hartshorne, this nation, had several attachments served on them by St. Louis merchants within the last few days. The Choctaw coal and railway company came to their relief, and for the present they will be able to meet the demands on them by their creditors. ASSIGNMENT AT GONZALES. Special to the Gazette. GONZALES, TEX., Nov. 29.-The Farmers' Alliance-store made an assignment to-day. Miller & Sayres of Gonzales are the only preferred creditors. Their claim is $5070. The claims of unpreferred creditors is not known. but are large. Assets about $7000. A PENNSYLVANIA BANK CLOSES. EBENSBURG, PA., Nov. 29.-Johnson Buck & Co., bankers of this place, closed their doors this morning, the failure being one of the results of that Orr, Jamisson & Co. of Philadelphia. Their statement has not yet been made public, but they expect to be able to pay all depositors in full. ANOTHER DULUTH BANK CLOSES. DULUTH, MINN., Nov. 29.-The private bank of Hall & Co., closed its doors this morning temporarily. In the run vesterday $80.000 of the $70,000 of de-
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A DULUTH BANK IN TROUBLE. Minneapolis, Nov. 29.-A dispatch to "The Journal" from Duluth says: The private bank of Hall & Co. closed its doors this morning temporarily. In a run yesterday, $30,000 of the $70,000 of deposits was drawn out. When the cash was exhausted, Mr. Hall addressed the waiting depositors, and told them that he could pay no more cash, but if they would wait a day or two they would be paid in full. He had not raised the necessary funds to-day. No runs have been made on the other banks, which have on hand the largest cash surplus in their history. They have called in more than $500,000 of loans during the last two weeks.
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Another Daluth Concern. MINNEAPOLIS, Nov. 29.-A Duluth special says: The private bank of Hall & Co. closed its doors this morning, owing to a temporary run yesterday. About $30,000 of the $70,000 of the deposits were drawn out. No runs were made on the other banks. The bank expects to pay in full.
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A Duluti Bank Goes Under. MINNEAPOLIS, Nov. 29.-A Duluth special says the private bank of Hall & Co. closed its doors this morning temporarily. In the run yesterday $30,000 of $70,000 deposits were drawn out. No ruos were made on the other banks. The bank expects to pay in full.
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A Duluth Bank Suspends. MINNEAPOLIS, November 29.-The - Journal's Duluth, Minn., special says: The private bank of Hall & Co. closed its doors this morning temporarily. In a run yesterday $30,000 of the $70,000 of deposits were drawn out. When the cash was exhausted Mr. Hall addressed the waiting depositors and told him that he would pay no more cash, and if they would wait a day or two they would be paid in full. He had not raised the necessary funds to-day. No rnns have been made on the other banks They have the largest cash surplus on hand in their history. They have called in over $500,000 of loans during the past two weeks.
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THE GREAT JAMISON FAILURE. Worse Than at First Reported-A Duluth Bank Forced to Close. PHILADELPHIA. Nov. 29.-The failure of B. K. Jamison & Co. divided the attention of the street this morning with the startling publication of John A. Baker's, jr., gigantic torgeries. The general opinion seems to be that the failure of Jamison & Co. will be worse than at first reported. The firm is said to have been large borrowers lately, and several financial institutions of this city are thought to have been heavily hit. The liabilities of the firm are variously estimated at $500.000 to $1,500,000, but such estimates are mere guesswork. Bevond the statement given last night, no information in regard to Baker's enormous peculations can be made public by the absconder's family. The general impression is that Baker has made good his escape from the country and will not be apprehended. The state treasurer has entered two suits in the common pleas court against Jamison & Co., upon bonds to secure the payment of $25,000 of state money which the firm is said to have had in its possession. From figures received tonight the indications are that the liabilities of Jamison & Co. exceed $1,000,000. PITTSBURG, Nov. 29.-A dispatch from Ebensburg, Pa., says that Johnston, Buck & Co., bankers, have closed their doors. 1 he failure is the result of that of Jamison & Co., the bank's correspondents. A statement has not yet been made public, but the firm expects to be able to pay all depositors in full. The heaviest loser is the county treasurer, who has a deposit of $20,000 in the bank. DULUTH, Nov. 29.-The private bank of Hall & Co. closed its doors this morning temporarily. In a run yesterday $30,000 of the $70,000 of deposits was drawn out. No runs have been made on the other banks. The bank expects to pay in full.
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EMBARRASSED BANKS. Two Great Financial Sensations in Philadelphia. PAILADELPHIA, Pa., Nov. 29 - -The failure of B. K. Jamison and Company divided the attention of the street this morning with the startling publication of John A. Baker Jr.'s gigantic forgeries. The general opinion seems to be that the failure of Jamison and Company will be worse than at first reported. The firm is said to have been a large borrower lately, and several financial institutions in this city are thought to have been heavily hit. The liabilities of the firm are variously estimated at $50,000 to $1,500,000, but such estimates are the merest guess work. Beyond the statement given last night, no information in regard to Baker's enormous speculations has been made public by the absconder's family. The general impression is that Baker made good his escape from the country, and will not be apprehended. The state treasurer has entered two suits in the common pleas court, against Jamison & Co., upon bonds to secure the payment of $25,000 of state money, which the firm is said to have had in their possession. A Country Bank Closed. PITTSBURG, Nov. 29.-A dispatch from Ebensburg, Pa., says Johnson, Buck & Co., bankers, have closed their doors. Assets and liabilities not known. The failure is the result of that of Jamison & Co., the bank's correspondents. A statement has not yet been made public, but the firm expects to be able to pay all depositors in full. the heaviest loser is the county treasurer, who had a deposit of $20,000 in the bank. A Private Bank Succumbs. DULUTH, Minn., Nov. 29.-The private bank of Hall & Co. closed its doors this morning temporarily. In a run yesterday, $30,000 of $70,000 of its deposits were drawn out. No runs were made on the other banks. The bank expects to pay in full.
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Run on a Private Bank. MINNEAPOLIS, MINN., November 29.A Journal's Duluth (Minn.) special says : The private bank of Hall & Co. closed its doors this morning temporarily. In a run yesterday $30,000 of the $70,000 of the deposits were drawn out. When the cash was exhausted Hall addressed the waiting depositors and told them that he could pay no more cash, but if they would wait & day or two they would be paid in full. He had not raised the necessary fundsto-day. No runs have been made on the other banks.
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ing with the startling publication of John A. Baker Jr.'s gigantic forgeries. The general opinion seems to be that the failure of Jamieson & Co. will prove worse than at first reported. The firm is said to have been large borrowers lately, and several financial institutions in this city are thought to have been heavily hit. The liabilities of the firm are variously estimated at $50,000 to $1,500,000, but such estimates are the merest guesswork. Beyond the statement given last night no information in regard to Baker's enormous peculation will be made by the absconder's family. The general impression is that Baker has made good his escape from the country and will not be apprehended. ANOTHER PRIVATE BANK SUSPENDS. MINNEAPOLIS, November 29th.-A Duluth special says the private bank of Hall & Co. closed its doors this morning temporarily. .In a run yesterday $50,000 of $70,000 of the deposits were drawn out. No runs were made on the other banks. The bank expects to pay in full.
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Hall & Co., Bankers, Duluth, Fail. MINNEAPOLIS, Nov. 29.-A Duluth special says the private bank of Hall & Co., closed its doors this morning, temporarily. There was a run yesterday, and $30,000 of $70,000 of deposits was drawn out. No runs were made on other banks. The bank expects to pay in full.
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SCARED DEPOSITORS. They Force a Duluth (Minn.) Bank to Close Its Doors. MINNEAPOLIS, Minn., Dec. 1.-The Journal's Duluth, Minn., special says: The private bank of Hall & Co. has closed its doors temporarily. In a run Friday $30,000 of the $70,000 of deposits were drawn out. When the cash was exhausted, Mr. Hall addressed the waiting depositors and told them that he could pay no more cash. but if they would wait a day or two they would be paid in full. He has not yet raised the necessary funds. No runs have been made on the other banks. They have the largest cash surplus on hand in their history. They have called in over $500,000 of loans during the past two weeks.
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ANOTHER DULUTH BANK CLOSED. A Fatal Run is Made on the Firm of Hall & Co. DULUTH, Minn., Nov. 29.-The private bank of Hall & Co. closed its doors this morning temporarily. In a rnn yesterday $30,000 of the $70,000 of deposits were drawn out. When the cash was exhausted Mr. Hall addressed the waiting depositors and told them he could pay no more cash, but if they would wait a day or two they would be paid in full. He had not raised the necessary funds today. No runs have been made on the other banks. They have the largest cash surplus on hand in their history. They have called in over $500,000 of loans during the past two weeks.