gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
e96a7e56c4d11f44
Response Measures
None
Description
Receiver appointed and multiple reports of failure/unsatisfactory affairs; president/cashier named in reports.
Events (5)
1.April 1, 1865Chartered
Source
historical_nic
2.September 4, 1878Voluntary Liquidation
Source
historical_nic
3.October 2, 1888Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank failed due to insolvency/financial misconduct and illness of president (Joseph O. Rutter) leading to collapse; assets inadequate and alleged large withdrawals/misappropriation.
Newspaper Excerpt
The Traders' Bank of this city has failed on the application of Thomas Tallman, cashier. Judge Shepard this morning appointed Hugh McChemey receiver of the assets of the bank.
Source
newspapers
4.October 11, 1888Other
Newspaper Excerpt
The doors of the banking house ... were closed on the 3d, owing to the failure of the Traders' Bank, of Chicago.
Source
newspapers
5.October 16, 1888Receivership
Newspaper Excerpt
The receiver of the Traders Bank reported to the court today: Assets, $901,630; liabilities $896,888 ... Rutter's indebtedness to the bank is $153,302.
Source
newspapers
Newspaper Articles (25)
1.October 18, 1871The Daily DispatchRichmond, VA
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LATEST FROM WASHINGTON. JUDGE CHASE-ANOTHER PAYMASTER IN TROUBLE, &C. ASHINGTON, October 7.-Judge Chase is presiding at the Supreme Court, which commenced a special term yesterday. General Bullock, paymaster of the Freedmen's Bureau, has been suspended for irregularities. His arrest had been ordered, but it is withheld for explanations. Rumors of a defalcation are rife, and a run is progressing on the Freedman's Bank in consequence. The Attorney-General has a dispatch from North Mississippi that five kuklux, with disguises complete, have been captured. Seven hundred and filty thousand dollars in revenue stamps were found safe in the Government vault at Chicago. Secretary Boutwell has received the following dispatch from Chicago: "The Chicago banks are saved and are paying every dollar on demand. A good feeling prevails." [Signed] H. R. Hurlbut, comptroller of currency." THE WEIT OF HABEAS CORPUS SUSPENDED IN SOUTH CAROLINA. ASHINGTON, October 17.-The President to day, after reciting the causes, and quoting the laws under which he acts, issued a proclamation in which he suspends the writ of habeas corpus in Spartansburg, York, Marion, Chester, Laurens, Newberry, Fairfield, Lancaster, and Chesterfield counties, of South Carolina. The suspension extends to the arrest by the United States marshal, his deputies, any military officer of the United States, or any soldier or citizen acting under the order of said marshal, deputy, or such military officer within said counties, of persons charged with any violation of the kuklux act of Congress during the continuance of the "rebellion" in said counties. WEATHER PROBABILITIES. WASHINGTON, October 17. - -Rising barometer, with clear and pleasant weather, is probable for Wednesday from the lower lakes to Texas and northwestward. Cloudy and clearing weather in New England and on the South Atlantic coast. Fresh northerly winds on the gulf coast. Light winds on the Atlantic, and fresh westerly wind on the lakes.
NEWS OF THE DAY. The Wisconsin State fair begins at Milwaukee to-day. The Texas editorial excursionists left Cincinnati last night for Louisville. The financial panic is reported to have seriously affected the narrow-gauge interests in Utah. The Chicago banks have taken advantage of the sixty-day privilege on their depositors. McClure's military academy, at Oakland, California, was entirely destroyed by fire Saturday night. Immediately after the cortes adjourns the Spanish government at Madrid will declare Spain in a state of seige. Thomas Tarwater, a brakeman, was run over and killed by a freight-train at Columbia, Tennessee, on the nineteenth instant. Pat Garnley, an insane man, set fire to a building in Jeffersonville, Indiana, yesterday, remained in it and was burned to death. Business generally will be suspended in Cincinnati to-day. it being proclaimed by the mayor. a holiday in the interest of the exposition. A strange and fatal disease at Kelter, in Utah, is very prevalent, producing great consternation. The patients die in a few hours. It resembles fever. Satisfactory arrangements have bee n perfected with the Ute and other tribes of Indians, hitherto in discontent, so that they will be settled upon their reservations. A Milwaukee dispatch says the financial panic of New York produces no disturbance there as yet, but the banks are preparing for any emergency that may occur the coming week. At Carbondale, Illinois, yesterday two negroes, Bill Smith and Frank Collins, remembered the Sabbath by playing cards, "fell out," resulting in the latter shooting the former through the heart. He's dead.
3.September 23, 1873The Daily DispatchRichmond, VA
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senior partner, has disappeared, causing great anxiety to his famile and friends. Search has been made in fall directions. CHICAGO. CHICAGO, September 20.-The Franklin Bank, a private banking institution, closed its doors to-day, being unable to settle at the clearing-house. The amount short was only $9,000. The vice-president of the concern says the embarros-ment is only temporary. CHICAGO, September - There is considerable of a run upon some of the banks here to-day, but they are adhering to the resolution adopted yesterday to fall back on the thirty and sixty-day rule, and are only paying sums of less than 8100. The latest reports, public and private, from New York appear to have had the effect to lessen the anxiety. BALTIMORE. BALTIMORE, September 21.-While the excitement in the New York market is watched with interest, and the brokers' offices have been visited by crowds to observe the sway and wreck of stock prices, everything has gone on calmly, and business is done at our banks in the usual way. Money continues at 10 to 12 per cent. for best paper on the street, though negotiations are limited, and are for strictly business en. gagements. IOWA. BURLINGTON, IOWA, September 20.-The Orchard City Savings Bank suspended at 12:20. PITTSBURGH. PITTSBURGH, PA., September James T. Brady & Co., bankers, and the Security Trust Company. of this city, suspended today. THE FEELING IN ENGLAND. The London Times says: " In view of the extraordinary prosperity of the United States and the high price of Government bonds the present must be regarded as a simple effort of the financial system to get rid of its dishonest element." The Daily Telegraph says stick local trouble as suspensions in New York seems to be merely the rank outgrowth of exuberant prosperity, ond accessories to progress which does not for a moment halt. LONDON, September 22.-5 P. M.-Much anxiety is manifested on all sides to hear further news from New York. Jay Cooke and McCultoch & Co. continue to pay cash in the usual manner over their counter. Among the rumors current in the Stock Exchange is one that the Bank of England holds $300,000 of Jay Cooke & Co.'s acceptances, and that the Roth-childs have $1,000,000 of. the same paper. LONDON, September 22.-4:30 P.M.10-40's are quoted at 904; new 58,911; Eries, 45. 5:30 P. M.-A dispatch announcing the closing of the New York Gold Exchange has just been bulletined. The news is accepted as an indiction of the gravity of the financial situation. and the market for American securities is again depressed.
4.September 23, 1873The New York HeraldNew York, NY
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Run on the Chicago Banks. CHICAGO, Sept. 22, 1873. There is considerable of a run upon some of the banks here to-day, but they are adhering to the resolution adopted yesterday to fall back upon the thirty and sixty day rule, and are only paying on sums of less than $100. The largest assemblage appears to be gathered at the States Savings Institution, but so far the crowd has been very quiet and orderly. The latest reports, public and private, from New York, appear to have had the effect to lessen the anxiety which was manifested this morning among many bankers and business men.
5.September 25, 1873The Rock Island Daily ArgusRock Island, IL
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# Banks In Chicago all Suspended.
Telegrams received here this afternoon, announce that all the Chicago banks have suspended. This is probably by a united agreement to suspend until some plan of action can be agreed on. Things look blue, and there is great probability that the panic will become general and extend all over the country.
6.September 27, 1873The Richmond PalladiumRichmond, IN
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The Bank Seven banks in Chicago pended Thursday, says private formation exit Woollen, Webb & Co., at polis, have suspended temporarily They say: of "Owing to the continued demand for payment of our deposite and in view of the fact that i the Chicago banks have enspended to-day, we are compelled to close our doors. As moon as a complete statement of our condition can be prepared, it will be submitted for the considers tion of our sd The balance of the banks of In: dianapolis stand firm. aferonia Our banks in Richmond are solid as the rock of Gabralterprudent and careful managers 81 steering them. addens
7.September 27, 1873The Portland Daily PressPortland, ME
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Action of Banks Approved. CHICAGO, Sept. 26.-Despatch-s from the best informed sources received at the office of associated press in this city, from most of the principal cities in Illinois and Iowa, in reference to the present financial troubles in the east, concur in saying that the action of the Chicago banks in following the course of the New York banks in suspending payments of large sums of currency is almost universally sustained and commented by bankers and business men, as wise and timely, and calculated to arrest the panic and find tbe way to relief them from the present difficulties.
8.September 27, 1873Chicago Daily TribuneChicago, IL
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MILWAUKEE. Special Dispatch to The Chicago Tribune. MILWAUKER, Bopt. 26,-The suspension of the Ohicago and St. Louis banks has had very little effect here. Our banks have been strengthened by the receipts of currency from Now York during the past two days, and are prepared to respond promptly to all domands made upon them by depositors, but the latter exhibit no apparent uneastricas, and business continuce good in all departments, breadetuffa and produce excepted. The general merchandise markets are aotive, and prices show uo material variation sinco the panic,
9.September 30, 1873Chicago Daily TribuneChicago, IL
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LAWRENCE, KS.
Special Dispatch to The Chicago Tribune.
LAWRENCE, Ks., Sept. 20.-Financial matters are looking brighter. The news of resumption by the Chicago banks is hailed with delight. Our banks have paid without suspension through the panic.
10.September 30, 1873Chicago Daily TribuneChicago, IL
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SAN FRANCISCO.
Special Dispatch to The Chicago Tribune.
SAN FRANCISCO, Sept. 20.-To-day was devoted almost exclusively to collections and legitimate channels, and the result inspirod confidence. Tho resumption of business by the Chicago banks was the subject of much congratulation, showing the panic had no serious effects on Western finance and stability. This, with the promptness with which to-day's matured obliga- tions were mot, has reopened the current of exchange, which resumed with some briskness. Coin drafts on New York sold at ¾ to 1 por cent; telegraphic transfers at 2 por cent. The panic has fully demonstrated the unadvisability of stock speculations. Capitalists are more unwilling than ever to invest in outside real estate, preferring legitimate enter- prises and staple products. The panic is charged
11.October 2, 1873The Saline County JournalSalina, KS
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There was a bett er state of feeling financially yesterday than there has been since the commencement of the panic. The reports that the Chicago and St. Louis banks would resume this morning was interpreted as a cheering indication that the worst was over. This is probably the case. Indeed, there are evidences on all sides that reason is resuming its sway. Currency is flowing in a steady stream to the West, and mon. ey will soon be abundant.-Lawrence Journal, Sept. 30th.
There has been a gradual but decided improvement in financial matters during the last week. On Saturday, in New York and Philadelphia, confidence had-been largely restored and business was moving with almost its accustomed activity. It now appears that the worst effects of the panic have been limited to banking and speculative interests, and to those branches of manufactures that depend upon railroad enterprises for most of their work. These have had a pretty hard time, and many fortunes have been lost or greatly impaired. But the dealers in produce and general merchandise seem to have lost little of their trade, and as currency gets into circulation again they resume their usual business. The agricultural interests of the country have suffered little or nothing. The panic of course could not effect the amount of their products, and it has not perceptibly changed the market rates. Prices are certainly not tending downward, nor are they likely to do so. Thus the farmer, who apparently makes money slowly, is shown to be engaged in the safest of all occupations. The New York and Philadelphia banks have not yet fully resumed the payment of currency to their depositors. Those in Chicago and Cincinnati have done so, while the banks of Pittsburg never suspended. As soon as the eastern instituti ons redeem their obligations, as they must do at an early day, the usual current of affairs will be promptly resumed.
14.August 1, 1874The Hickman CourierHickman, KY
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MISCELLANEOUS. Bristow consents that Spinner shall have the selecting of his own clerks. The last suviving sister of the late Edgar Allen Poe died at Washington last week, aged 68. There have been about one thousand applications for office under the district comThe aggregate amount due the clerks of the late board of public works, including the engineer department and employes under the superintendent of property, is $1,207, 393. Mr. Price McGrath, says that Tom Bowling has been turned out, and will not run again this year. Perhaps he will never grace the turf more. Slight hopes, however, are still entertained for his recovery. A dangerous counterfeit having appeared on the five dollar notes of the Traders deNational bank of Chicago, the treasu partment offers one-half per cent. premium, for the return of the genuine five dollar notes of that bank to the department for destruction. The attention of bank officers is especially called to the necessity of retiring these notes, which will entirely prevent the circulation of counterfeità. In the case of the Union Trust Company of New York vs. the Rock Island & St. Louis railway, brought in the United States court, to foreclose the nine million dollars trust deeds against the company, and for the appointment of a receiver, Judge Blodgett has dismissed the bill on the ground that the necessary number of bondholders had not joined in the request to foreclose as to former defaults in interest. The bids for the five per cent. funded loan forwarded from New York, representing those filed by foreign bankers for European markets as well as those for domestic holdings, will aggregate not less than $80,000,000. The large bids will come from syndicates which have been formed, the principal one representing a combination of German bankers, and to each of those bids will be attached a condition that the bidders are to have a call on the entire remainder of the loan so that should the secretary accept any one of the bids, it would be to the exclusion of all others. A dividend of five per cent., authorized by the committee of creditors of Jay Cooke & Co., has not yet been paid, the register having deubts as to its binding effect upon him. He has, however, proceeded with the necessary calculations, so that there should be no delay if the court ordered him to proceed. In the meantime the funds in his hands have increased to such an amount as will warrant the payment of seven instead of five per cont. It is believed that he will bring the matter before the court when its opinion can be obtained, and if a proper order is made, payment will be proceeded with as early as possible. The lieutenant governor of Mississippi has telegraphed that he has sent to the president by mail a statement 'of affairs at Vicksburg, which led him to apprehend disturbance of the peace, which, owing to the unorganized state of the militia, he would be unable to suppress. The mayor and postmaster of Vicksburg have on the other hand telegraphed to the president protesting against the sending of troops to that city, as such an act would have the effect of increasing the excitement, as there are no indications of an outbreak. The secretary of war, in view of the protest of the mayor of Vicksburg and the postmaster at that city against sending troops there, has countermanded his order directing troops to proceed to that place ntil the full particulars of the whole trouble be received from the acting governor.
15.August 30, 1877New-York TribuneNew York, NY
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EFFECT UPON BUSINESS IN THIS CITY. The failure of the State Savings Bank of Chicago had no perceptible effect here, and bankers generally regarded it as a temporary matter, not likely to create a panic or disturb the standing of other Chicago banking institutions. A private dispatch received yesterday afternoon stated that the run on the banks was not heavy, that the larger institutions were promptly meeting all demands, and that savings banks were insisting on the rule that for the withdrawal of larger amounts than $10, thirty days notice must be given. It is not believed by the officers of the leading banks in this city that there is any immediate danger of a serious time with the Chicago Banks, and in no case could it much affect banks 111 this city. The State Savings Bank of Chicago is reported to have total resources of $2,724,000, with liabilities of $2,988,339. This is believed to be a low estimate of the deficiency, which, it is thought, will be increased somewhat on account of the shrinkage in values of real estate, of which the bank holds $1,435,315. A Wall-st. banker stated that the financial embarrassment of the State Savings Bank has been a matter of discussion for a long time, and gross mismanagement has been charged against its executive officers. He stated further that D. D. Spencer, the president, was reported to have been a heavy operator in grain, and had by the decline lost the money of the depositors with which he had been operating. Mr. Spencer 18 reported as having left Chicagoon Saturday for this city, but up to last night he had not been seen or heard of, and the presumption among bankers is that he laid over in Canada, or went in a westerly direction. The members of the Produce Exchange were somewhat anxious yesterday morning to obtain full intelligence. Advices were received throughout the day, and they all tended to show that the market, as yet, had not been affected to any extent in Chicago, and there were, therefore, no fears to be entertained of trouble here. A prominent member of the Exchange stated to a TRIBUNE reporter that unless there was a very heavy run on the Chicago banks, causing a money panic, there would be no trouble 111 the produce market here. The Exchange in this city was governed almost entirely by the news from London, and not by the Chicago market, which was too speculative. If, he said, there were any heavy failures there, it would then probably have a disastrous effect on New-York merchants.
16.September 12, 1877Clearfield RepublicanClearfield, PA
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AN AWFUL "BUST Up."-The State Saving Institution, at Chicago, closed its doors on Friday. The concern is a million of dollars short. The assetts foot up at their face $2,337,496.23 while the true value is only $869,000. The amount due depositors is $3,050,017.17. All the available cash to be found in the Bank was about $24,000 out of the millions deposited by the 15,000 depositors. The Cashier, David D. Spencer, is in Europe. His own individual note for $500,000 was found among the assets. A general run is being made on all the Chicago banks and some more of them may close their doors before the panic is over. But, then Chicago can stand almost anything.
17.October 2, 1888San Antonio Daily LightSan Antonio, TX
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Bank Failure. CHICAGO, October 2.-The Traders' Bank of this city has failed on the application of Thomas Tallman, cashier. Judge Shepard this morning appointed Hugh McChemey receiver of the assets of the bank. It is understood that the failure results from the illness of the president, JosephO.Rutter.
18.October 5, 1888The Washington CriticWashington, DC
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number of clever imitations of the toms stamps used on imported ciga On the original are the words " Man facturers of imported tobacco," and the counterfeit " Manufactured of i ported tobacco." The bogus stamps : made by a New York house and are I used to evade payment of duty, but a put upon boxes containing inferior ( mestic goods in order to delude the pi chaser into the belief that he is buyi a genuine Havana weed. The firm w be prosecuted. It is officially stated that the Frer Government was much surprised by impression produced abroad by Pr dent Carnot's decree in regard to 1 eigners intending to reside in Fran It is pointed out that former cabin have examined the question and co to a favorable conclusion in regard to No foreign power has offered any obs vation to the government in relat to the decree, the legality of which based upon article 471 of the pe code. Jubilee Juggins," the young Engl plunger, whose real name is Benson, reached the end of his money and is n living on an allowance of $20 a we He got rid of $2,000,000 in two yes His horses are being sold, and one them, Hazelmere, brought $10,000 Tatterall's a few days ago. Bens manages to look like a prosperous m as the vast wardrobe that he purcha in the days of his prosperity is still from exhausted. The New York Star says: The na of Fred May has been stricken from list of members of the Manhattan C by the discipline committee. The H cific charge against Mr. May was n payment of dues, although it is g crally understood that the unenvia notoriety which he has gained was real cause of his dismissal." Gov. Foraker, of Ohio, delivered " bloody-shirt" speech at Bridgep Conn., Wednesday evening. The vi lence of the speaker induced P. T. B num to leave the platform as one of vice-presidents. Dr. Warner, who president of the Young Men's Christ Association, was also made uncomf able by the speaker's vituperative tir against tariff reform. The steamer State of Georgia, f New York September 20, about wl some fears were beginning to be fel consequence of the length of her age, arrived at Glasgow yesterday me ing. James B. Curtis, 55 years old, of S amanca, N. Y., a guest at the Gra Central Hotel, New York City, shot h self through the head yesterday, bl ing out his brains. He left a letter his son in which he stated that he crazy. The commissioners to examine claims against the estate of Wm. G of Boston. the defaulting mill treasu who killed himself. have filed their The claims amount to nea port. $750,000, Governor Hill's enemies are mal desperate efforts to defeat him. T many will hold its convention toto nominate a candidate for ma The County Democracy will hold t convention on Saturday. George Leblanche, the marine, several other gentlemen" of the r were each sentenced yesterday to sl terms in the penitentiary in New Y for aiding and abetting the recent fen prize fight. Sarah Crutcher. of Bardstown. ] widow of James Crutcher. a revolut ary soldier, and who had drawn a sion since 1853. is dead, at the age eighty-eight years. Harry Cox, a landed proprietor Somerset and a noted foot-ball pla was lost while traveling in the Caue Mountains. A party of guides is missing. The monument over the grave of ( George E. Pickett, in Hollywood Co tery, Richmond, will be unveiled v imposing ceremonies to-day. Col. F. T. Warburton. British V Consul at Newport News. has institu a suit for $20,000 damages against teen prominent citizens of that place Shanklin & Austin's banking ho at Trenton. Mo., has closed its doors, ing forced to suspend by the failure the Traders' Bank, of Chicago. G. Anson Belcher, an aged crip yesterday attempted to commit sui at his home in Saratoga, N. Y., by ting an artery in his wrist. The Hotel Elmwood, at Glen's F N. Y., formerly known as the Elmw Seminary for Young Ladies, was yes day destroyed by fire. The British royal yacht Victoria Albert will arrive at Flushing on Em Fine
19.October 11, 1888The Iowa Plain DealerCresco, New Oregon, IA
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WEST AND SOUTH. WHILE intoxicated on tue2d Jacob Kafer committed suicide by hanging at Fort Wayne, Ind. He was a wealthy bachelor, and no cause could be assigned. ON the 2d William H. Smith and Caper Westdorfer were struck by lightning and killed near Evansville, Ind. ON the 3d Gold Leaf beat the world's one mile pacing record for three-year-olds on the Napa (Cal.) track, making 2: 15. THE doors of the banking house of Shanklin & Austen. of Trenton, the oldest bank in Northern Missouri, were closed on the 3d, owing to the failure of the Traders' Bank, of Chicago. THERE was intense excitement again on the Chicago Board of Trade on the 3d, December wheat reaching $1.18. THE Virginia State exposition opened at Richmond on the 3d with twenty thousand visitors. ON the 3d the American Bakers' Association met in annual session at Cincinnati. GOVERNOR GORDON and other Democratic State officials of Goorgia were re-elected on the 3d without opposition. ON the: counterfeitforeign cigar stamps were discovered in Chicago, and counterfeit bills were also being circulated. THE Executive Committee of the Amorican partv on the 3d selected P. D. Wigginton, of California. to fill the vacancy occasioned by Judge Greer's declination of the Vice-Presidential nomination coach w stage ##########
20.October 12, 1888The United OpinionBradford, VT
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Wednesday, Oct. 10. Schleyer, the inventor of Volapuk, is dead. Two New York newsboys were burned to death. The two chief street car systems of Chicago are tied up. Four German war ships have been ordered to Zanzibar. Three lines restored rates from St. Louis to New York. The collapsed Traders' bank of Chicago makes a poor showing of assets. King Otho of Bavaria is sinking deeper and deeper in his religious mania. Ex-Queen Isabella of Spain has returned to Paris. She will give receptions during the winter. Emporer William has summoned Co nt Herbert Bismarck from Pesth to Styria by telegraph. The proposition that Emperor Francis Joseph crown himself King of Bohemia causes a sensation. It has been decided to greatly increase the strength of the German expedition for the relief of Emin Bey. The senate has passed a bill correcting the error in connection with the time of meeting of presidential electors. Superintendent Fry is made general manager of the Missouri, Kansas and Texas railroad under the receivers. The senate tariff bill will not be passed this session. Practically the session of the senate will end in about ten days. Premier Floquet has decided that foreign-
21.October 17, 1888Daily Kennebec JournalAugusta, ME
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Condition of the Traders' Bank. CHICAGO, Oct. 16. The receiver of the Traders Bank reported to the court today : Assets, $901,630; liabilities 8896,888, not including $636,000, bills receivable, and $45,000 in checks, which bear the endorsement of the bank. Rutter's indebtedness to the bank is $153,302.
22.October 17, 1888Connecticut Western NewsNorth Canaan, Salisbury, Canaan, CT
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-A large crack in the sternpost of the steel cruiser Baltimore will delay the completion of that vessel several months. -Mr. Justice Matthews, of the United States Supreme Court, is dangerously ill. -Latest reports of the Mud Run disaster place the number of dead at sixty-three, and other deaths are likely to occur among those injured. The number of the latter run up into the hundreds. -The cattle steamer Robert B. Carson sank near Evansville, Indiana. Fifty head of cattle perished. The crew reached shore in safety. -James F. Farley, of Philadelphia, who killed a half breed Indian at Petersboro, Ont., in self defence, last summer, was found guilty of murder and sentenced to be hanged. -Lumber rafting by sea is to be tried on the Pacific coast. It should be safer business there than in the treacherous weather of the East, and the scheme of rafting from Puget Sound to Chilean ports looks feasible enough. -The Bay Valley Bank at Woodbine and the Caldwell Bank at Logan, Iowa, closed their doors, and Judge King was appointed receiver. Both banks were operated |by the same firm. The total deposits will exceed $50,000. -Judge Sawyer of the United States Circuit Court has issued two writs of habeas corpus to test tho validity of the Chinese Excinsion act. -President Adams of the Union Pacific railroad declares that the Interstate Commerce law is responsible for the demoralization in railroad affairs. -The Southern Homeopathic Association, in session at Louisville, protests against the efforts of the allopaths to license all physicians by a State board, and asks that all schools be given an equal repr sentation. -Toronio nas quarantined against Buffalo, owing to the small pox there. -A negro named McCondon was shot and killed at Birmingham, Ala., by a party of four negroes, who took him to the woods and made away with him. -The steamer Cainbro from Skeena River, ran ashore in Granville Channel River. She was loaded with 3,500 cases of salmon. The passengers and crew were got off safely. -John Fitzgerald, 2 boatman of Staten Island, N. Y., and a Swedish woman named Anna, the cook at Hoffman Island in New York harbor, in attempting to go to the island in a small boat, were blown out to sea by the strong northwest wind, and have not been seen since. -Mrs. Mary E. Lieff, of Newburg, N. Y., gave her 10-weeks'-old child a teaspoonful of a soothing syrup to quiet it while she did her housework. During the day it died. The Coroner's jury found a verdict that it died from opiates in the syrup. -John Cunningham, mate of the schooner Carrie M. Bailey, dreamed that his vessel was in a storm and he was trying to reach the deck. In his dream he jumped from a three story window and received fatal injuries. -Harvey Wolff, a depositor in the Trader's Bank, Chicago, which recently failed, has applied to the court for an immediate examination into the affairs of the bank. He alleges the deposits were fraudulently misappropriabd. His deposit amounted to $34,000. -Frederick Lincoln, of Boston. tired of life, Hospital a Come of all of bemlock, and onfor: manual
23.October 24, 1888The True NorthernerPaw Paw, MI
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Unsatisfactory Condition. Receiver Byron L. Smith of the Traders' Bank, of Chicago. reports that the affairs of the bankrupt institution are in a very unsatisfactory shape. It is alleged that Joseph O. Rutter drew $400,000 out of the institution last year, and an effort is being made to trace the money.
24.October 25, 1888Crawford AvalancheGrayling, MI
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Unsatisfactory Condition. Receiver Byron L. Smith of the Traders' Bank: of Chicago, reports that the affairs of the bankrupt institution are in a very unsatisfactory shape. It is alleged that Joseph
25.November 21, 1888Watertown RepublicanWatertown, WI
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Recovers the Valuables. CHICAGO, Ill., Nov. 16.-The Greenwood Gold Mining Company to-day recovered from the receiver of the Traders' Bank, by order of the court, a box containing papers and cash of the company which had been specially deposited for safe-keeping a short time before the bank failed.
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.
