9725. Commercial Bank (Minneapolis, MN)

Bank Information

Episode Type: Suspension → Reopening
Bank Type: state
Start Date: August 9, 1893
Location: Minneapolis, Minnesota (44.980, -93.264)

Metadata

Model: gpt-5-mini
Short Digest: ded17f0e

Response Measures

None

Description

Contemporary dispatches (Aug 9, 1893) report the Commercial Bank of Minneapolis closed its doors / failed amid the national financial stringency and inability to realize on securities. No run on this specific bank is described. Later (Aug 30, 1893) local reporting notes preparations for an early reopening, so classify as a suspension with reopening.

Events (2)

1. August 9, 1893 Suspension

Cause: Macro News
Cause Details: Closed during the nationwide financial stringency of August 1893; inability to realize on securities and general money-market tightness led to suspension/closure of operations.
Newspaper Excerpt: The Commercial bank closed its doors yesterday. Capital, $200,000; deposits, $800,000.
Source: newspapers

2. August 30, 1893 Reopening

Newspaper Excerpt: Preparations are afoot for the early reopening of the Commercial bank, on the East side, which suspended some weeks ago.
Source: newspapers

Newspaper Articles (13)

1. August 9, 1893 Alexandria Gazette Alexandria, VA

Article from Alexandria Gazette, August 9, 1893

Click image to open full size in new tab

Article Text

TELEGRAPHIC BREVITIES. In Santa Catharina, Brazil, the federal soldiers have deposed the State authorities. Cincinnati is crowded with democrats, there to attend the State convention to nominate a Governor, &c. Among the failures reported to-day are the People's Bank, Waseca, Minn.; the Commercial Bank, Perry, Ia. and the Commercial Bank, Minneapolis. The small bank failures at the west and the continued heaviness of general electric led to a further decline in the New York stock market after midday. A run was started on the Germania Savings Bank at New Orleans yesterday and $80,000 was drawn out. The presidents of the five savings banks have decided to require sixty days notice from depositors. In a flt of anger, at 3:10 o'clock this morning, John H. Meister, aged 45, a prosperous baker, of Brooklyn, put an end to the life of quarrelling that he has led with his wife by shooting six bullets into her, killing her almost instantly and then committed suicide by shooting and hanging himself. There was some apprehension among the depositors in the Madison Square Bank in New York to-day when it was learned that the St. Nicholas Bank had refused to clear for it. About fifty people gathered around the building, but they were soon convinced that there was no cause for alarm and dispersed. The New York Central and Hudson River Railroad Company has decided to discontinue four of its trains each way between New York and Chicago, because there are too many trains in proportion to the travel between the two cities. The reported murder of a soldier by miners near Coal Creek, Tenn., occurred three miles from Fort Anderson. The murder was committed by miners but all is quiet in the Coal Creek region now and no trouble in feared. Howard Greer, Arthur Hancher and Jack Brock were arrested in Wichita, Kan., last night for the daring robbery of $7,600 from a wagon of the United States Express Company in that city on the night of July 29. Robert H. Coleman, the iron millionaire, of Lebanon, Pa., has executed a deed of assignment. The liabilities will approximate $3,500,000 and it is claimed they exceed the assets. The Linden Steel Company, one of the largest manufacturing concerns in Pittsburg, Pa., has suspended operations on account of the stringency of the times.

2. August 10, 1893 The Helena Independent Helena, MT

Article from The Helena Independent, August 10, 1893

Click image to open full size in new tab

Article Text

TELEGRAPHIC BREVITIES. NEW YORK, Aug. 9. -Fuller Brothers & Co., commission merchants, to-day assigned to C. B. Mulligan. ROCHESTER. Minn., Aug. 9.-The Union National bank closed temporarily this morning. It will resume without the appointment of a receiver. LEBANON, Pa., Aug. 9.-Robert H. Coleman, the iron millionaire, and wife, have executed a deed of assignment. Liabilities about $8,500,000, and, it is claimed, exceed assets. BERLIN, Aug. -The United States, Great Britain and Germany have resolved on decisive, combined action to end the Samoan trouble. It is said Mataafa will be exiled. FULTON, III., Aug. 9.-Harry Bethune beat T. C. Morris in 8 100-yard foot race by is yard and a half, in :9% Bethune ohalleuges the United States for any sum up to $10,000. MARSHALL, Tex.. Aug. 9.-By the explosion of a boiler this morning, Tommy Hill, Henry Smalley and Gus Sanders were killed and Joe Bright and Joe Wallman badly soalded. PUEBLO, Col., Aug. 9.-Water in the Arkansas river rose eight feet in an hour last night, submerging the lower part of the city, doing immense damage to bridges and railways. SANTA ROSA, Cal., Aug. 9.-The severent earthquake since 1868 was felt this morning. There was considerable damage done in the war of oracked walls. falling claimneys and broken windows. MINNEAPOLIS, Aug. 9.-The Commercial bank has failed. Capital $200.000, deposits $400,000, time deposits $220,000, loans and discounts. last statement, $642,000. Officers say depositors will be paid in full. PORTLAND, Ore., Aug 9.-Edward Marshall, George Nordale, Fred. Smith, John and Joseph Frurie, K. J. Maymard and William Cod were arrested to-day on the charge of passing counterfeit money. CHIPPEWA FALLS, Minn., Aug. 9.-It is reported that Thorpe, a village of 1,500 inhabitants. OR the Wisconsin Central road. burned up. A large sawmill, much lumber and u number of buildings were destroyed. NEW YORK. Aug. 9.-A large crowd of small depositors assembled before the St. Niobolas bank, which refused to elea for the Madison Squa e bank, and a run was started. Later, however, Henry Goldstein, the millionaire coal dealer, agreed to bond himself in $300,000 to pay all dopositora, and the run stopped

3. August 10, 1893 Santa Fe Daily New Mexican Santa Fe., Santa Fe, NM

Article from Santa Fe Daily New Mexican, August 10, 1893

Click image to open full size in new tab

Article Text

Two More. MINNEAPOLIS, Aug. 10.-The Commercial bank closed its doors yesterday. Capital, $200,000; deposits, $800,000. Lebanon, Pa.--Robert H. Coleman, an iron millionaire has assigned. Liabilities approximate $3,500,000 and it is claimed exceed assets.

4. August 10, 1893 The Morning Call San Francisco, CA

Article from The Morning Call, August 10, 1893

Click image to open full size in new tab

Article Text

NEW YORK, Aug. 9.-Wall street morn- rea disagreeable surprise this the asceived in the shape of a notice from had sociated ing national banks that they rates unanimously decided to increase the 12 per loans of a recent date to on those of long standing to for this is so many say laid down on them for Brothers have ers necessary cent call have the and reason self-protection. been advised that 10. borrow- They it by is Ellinger that the report from San Francisco San cable the 4th, giving mail advices from on de Costa Rica, stating a disastrous that Jose of affairs prevailed there and financial state de la Union was in and its notes no longer rein commercial circles, is, as as to the bank. utterly of the Banco de difficulties the lates The Banco capital false. far la accepted Union it fund surplus $500,000. reserve June is dividend was July 10. The cash on 30 Ellinger is was the circulation of the $250,000. $1,200,000, and that $1,510,000. paid A Brothers declared bank and further hand its say by the Government notes accepted by every body legal tender for taxes. F. R. Mills has been of the Hamilton Loan and guaranteed receiver William are duties. etc. W. appointed and Popple Trust are at 150 Broadway. F. at Denver. Colo., a was of the property ago the Northwest, it having and Kearney, pany Company Omaha receiver appointed in Nebr.. of the branches company few Denver, com- days at Tacoma, Wash. The organized in March. to on farm mortgages and The company has on Western loans them. Colo., was $2,000,000 and loaned, farms 1887, guarantee it and the is make office said, had over paid-up capital of $358,000. At had a it was said to-day that the receivers protection been appointed as a matter of claimed to save the assets, as it is liaand there is a large surplus of assets over bilities. Fuller Bros. & Co., commission merto-day assigned to C. B. Mulligan. Bradchants. Fuller Bros. & Co. were rated by and streets at from $300,000 to $400,000 firm their credit was reported A1. The the transacted a heavy business all over, country. No statement has been fried yet. The finance committee of the General afterElectric Company announced this that arrangements had been comnoon pleted for discharging the Hoating debt, amounting to $4,000,000. large crowd of small depositors assem- which A before the St. Nicholas Bank, bled refused to clear for the Madison-square Bank to-day. and a run was started. the Later, however, Henry Goldstein. give millionaire coat-dealer, agreed to bond in $300,000 to pay all depositors. INDIANAPOL16. Ind., Aug. 9.-It has decided to institute legal proceedings against been the men charged with wrecking the Indianapolis National Bank. WHEELING. W. Va., Aug. 9.-A. the W. has been appointed receiver There for is Nail Paull City Stamping Company. assets statement beyond one that the are no three to one greater than the liabilities. CHICAGO, Aug. 9.-The investigation far into the condition of Lazarus of Silverman's thus Bank shows total liabilities $1,691,079 and assets $2,521,244. Nothing disof a suspicious nature has yet been covered. LEBANON, Pa.. Aug. 9. - Robert have H. iron millionaire, and wife, The liaexecuted Coleman, a deed of assignment. it is are about $3,500,000 and. Coleman's bilities exceed the assets. claimed, was wrecked in the Jacksonville, His esfortune and Key West Railway. for a tate Tampa has been in the hands of trustees year. PITTSBURG. Aug. 9.-Judgments against aggre$60,000 have been entered of the gating Steel Company, one the Linden concerns in the city, with a large Government largest contract for the manufacture armor-plate. It will ask an extension, will and of it is believed the embarrassment only ROCHESTER. be temporary. Minn., 9.-The Union this Bank closed temporarily the morning. National It will resume without appointment of a receiver. MINNEAPOLIS, Aug. 9.-The Commercial dehas failed. Capital, $200,000: Bank $400,000; time deposits, statement, $222,000; posits, and discounts at last depositors loans $642,000. The officers say the will be paid in full. WASHINGTON, Aug. 9. - Comptroller Jr. to-day appointed E. W. Knight National receiver Eckels of the Stock-growers' Bank at Miles City, Mont. NASHVILLE, Tenn., Aug. 9.-The oldest First naBank of this city, the River. National institution south of the Ohio The capitional its doors this afternoon. surclosed $1,000,000: deposits, $1,000,000; $100,000. tal is and undivided profits, Bank plus fund of the Fourth National Directors other capitalists, representing a several guarand of property, have signed their inmillions pledging themselves and all deantee dividual estates to the payment of

5. August 10, 1893 New-York Tribune New York, NY

Article from New-York Tribune, August 10, 1893

Click image to open full size in new tab

Article Text

MANY BANKS FORCED TO CLOSE. SUSPENSIONS CAUSED BY FINANCIAL DEPRESSION AND INABILITY TO REALIZE ON SECURITIES. Perry, Iowa, Aug. 9.-The Commercial Bank. a private institution of this city, made an assignment yesterday, caused by stringency in the money market and inability to realize on securities. Depositors will be paid in full. Assets are placed at $69,340; liabilities at $40,050. The Exchange Bank at Angus, another private concern, has also assigned to H. A. Rouse, of this city. Minneapolis, Aug. 9.-The Commercial Bank, a small local institution, closed its doors this morning. Its capital is $200,000; deposits, $400,000, and time deposits, $222,000. The loans and discounts at the last statement amounted to $642,000. The bank's officers state that depositors will be paid in full. Rochester, Minn., Aug. 9.-The Union National Bank closed this morning. There was no stampede, but slow withdrawals of deposits have reduced the bank's resources materially, and the depreciation of commercial paper had some effect in closing. The bank is solvent and will resume without the appointment of a receiver. The other banks are all considered solid. Waseca, Minn., Aug. 9.-The People's Bank of this city failed to open yesterday. The suspension was caused by a heavy run on the bank on Saturday and Monday. The assets are $135,000; liabilities, $67,000. Colfax, Wash., Aug. 9.-The Bank of Colfax, an old and reliable private institution, temporarily closed its doors yesterday on account of the general financial depression and inability to realize on securities. The bank's capital Is $100,000, and the assets exceed liabilities two for one. No runs have been made on other banks. Martinsville, Ind., Aug. 9.-Mitchell's Bank has published notice that it will go into voluntary liquidation on October 1, and that no more deposits or collections will be received. The bank has on hand twice as much cash as deposits. A stock bank will be organized to succeed this one. Nashville, Tenn., Aug. 9.-The First National Bank of this city suspended after banking hours this afternoon. A statement has not yet been given out.

6. August 10, 1893 The Seattle Post-Intelligencer Seattle, WA

Article from The Seattle Post-Intelligencer, August 10, 1893

Click image to open full size in new tab

Article Text

CONDENSED DISPATCHES. The Commercial bank. of Minneapolis, has failed. The mother of Senator Jones, of Nevada, died at the senator's home in Santa Monica Wednesday morning. Dr. Jenkins, health officer of the port of New York, says that there are no new cholera cases at Swinburn island. The railroads in New Mexico are suffering from extensive washouts. Trains are delayed from one to five days. The finance committee of the General Electric Company has announced that the floating debt of $4,000,000 will be discharged. A severe shock of earthquake was felt at Santa Rosa, Cal., at 1:12 o'clock Tuesday morning. It was the worst quake since 1868. Eugene Dugenne, who was burned in the Thomas dye works fire at San Francisco on Tuesday, 4ed yesterday from his injuries. The First National bank, of Nashville, Tenn, suspended Wednesday afternoon and will not resume for sixty days. The City Savings bank directors have also decided to suspend for sixty days.

7. August 10, 1893 The Times Richmond, VA

Click image to open full size in new tab

Article Text

nim Summit TO selling the ore and makes monthly settlements with the holders of the stock. There are many furnaces which use this ore, and these are also divided among the heirs, Robert H. Coleman has the three Colebrook furnaces. two anthracite furnaces and the Coleman furnaces. Robert H. Coleman is also a joint owner of the North Lebanon furnaces and an important member of the firm of Coleman & Brock, manufacturers of pig iron. Other Business Troubles. MINNEAPOLIS, MINN.. August 9.The Commercial Bank of this city closed its doors this morning. NASHVILLE, TENN., August 9.-The First National Bank of this city suspended after banking hours this afternoon. A statement has not yet been given out. After the suspension of the First National Bank this afternoon the directors of the Fourth National had a meeting, those present représenting several millions of property, and signed a guaranty pledging themselves and their individual estates to the payment of all deposits. They further state that the bank is able to meet all of its obligations. The directors of the City Savings Bank held a meeting to night and unanimously decided to suspend payment for sixty days. The suspension is caused by the stringency of the money market. The bank is considered solvent. and will pay depositors and stockholders in full. Deposits, $40,707.90; assets, $151,499.92; ninety per cent. of which is good. The directors of the bank have personally pledged themselves and their estates to the payment of all deposits in full. Edgar Jones, president of the Union Bank and Trust Company, says in an interview with a reporter that his bank will open as usual to-morrow. John M. Sperry, president of the Merchants' National. in an interview says his bank will also open to-morrow as usual. PITTSBURG. PA., August 9.-The Linden Steel Company. one of the largest manufacturing concerns in Pittsburg has suspended operations on account of the stringency of the times and the difficulty in procpring discounts and inability to make collections. All employees, about eighty, have been discharged. ROCHESTER, MINN., August 9.-The Union National Bank closed temporarily this morning. There is no statement. The bank is solvent, and will resume without the appointment of a receiver. The other banks are all considered solid COLFAX. WASH., August 9.-The Bank of Colfax has closed. Capital $100,000; assets exceed liabilities two to one. MINNEAPOLIS, MINN., August 9.The Commercial Bank closed its doors this morning. The bank is a small local institution, doing business in this city. Capital, $200,000: deposits, $400,000. and its time deposits $222,000. The loans and discounts at the last statement amounted to $642,000. It is stated by the officers that depositors will be paid in full. NEW YORK, August 9.-Fuller Brothers, commission merchants at 139 Greenwich street, assigned to-day. They are said to be the largest wholesale dealers in nalls in this city, and the oldest concern in that line here. They have always been regarded as conservative and reliable. Members of the firm said that the assignment was the result of the terribly hard times. As commission merchants they had dealings with many nail mills, had made advances to them, and now were unable to collect from them. The firm had been absolutely unable to raise money to meet their obligations coming 01 su ou DATE pinoo show "anp their condition, but the totals will be large. A Run Avoided. NEW YORK, August 9.-A crowd of small depositors gathered before the doors of the closed Madison Squars Bank this morning and anxiously inquired as to the safety of their money. Large depositors, It was stated, had full confidence in the bank and were not on hand. About 11 o'clock Harry Goldstein, a son of Isaac Goldstein, a millionaire dealer of Sixty-second and Hudson streets, stated to depositors that his father had authorized him to say he would bond himself in $300,000 to pay all depositors. He did this because he was a friend of President Blant and was confident the affairs of the bank were all right. Ten minutes later the janitor appeared and stated that one of the directors was on hand with $40,000, prepared to settle with the depositors on the spot at ninety cents on the dollar. If they were willing however. to wait, every cent would be paid. No one took up the offer and the crowd dwindled away. Depositors Become Quiet. NEW ORLEANS, LA., August 9.-A run was started yesterday on the Germania Savings Bank, and all who came were promptly paid. When the doors of the Germania were opened this morning there was a motly group of people waiting on the outside with their deposit books grasped tightly in their hands. They had not heard of the new order of things. Last night the Savings Bank managers decided to enforce the sixty-day clause. This action has apparently had the effect of allaying the fears of depositors and the run has ceased.

8. August 10, 1893 Richmond Dispatch Richmond, VA

Article from Richmond Dispatch, August 10, 1893

Click image to open full size in new tab

Article Text

Telegraphicalities. The Union National Bank, Rochester. Minn, closed temporarily yesterday. The Commercial Bank of Minneapolis closed its doors yesterday morning. The Commercial Bank of Minneapolis, Minn., closed its doors yesterday. It is a small institution. Fuller Brothers, nail commission merchants, Greenwich street, New York, assigned yesterday. The First National Bank of Nashville, Tenn., suspended after banking hours yesterday afternoon. The Bank of Colfax, Washington, has closed. Capital, $100,000. Assets exceeds liabilities two to one. The men who are charged with wrecking the Indianapolis (Ind.) National Bank are to be prosecuted. C. W. Wickstone, of Bridges, Ga., was shot and killed Tuesday morning by the accidental firing of a gun he had set in his store for burglars. A heavy earthquake shock was felt in San Francisco shortly after 1 o'clock yesterday morning. Two shocks were experienced at San Diego Tuesday. The Linden Steel Company, Pittsburg, Pa., has suspended operations on account of the stringency of the times, the difficulty in procuring discounts, and inability to make collections. The extensive harness-factory of E. A. Ringrose & Co., Fuller's Lane and Trenton avenue, Philadelphia, was totally destroyed by fire Tuesday night. Loss, $75,000; insurance partial. Origin of the fire unknown. Surgeon-General Wyman, of the Marine-Hospital Service, Washington, returned from New York and says the examination of Lorenzo Moracao shows that he has cholera, but is recovering, and that another passenger of the Karamania is thought to have the disease. Robert H. Coleman, the iron millionaire, of Lebanon, Pa., has made an assignment. His liabilities. will approximate three and one-half millions, and it is asserted that they exceed the assets. Coleman's interest in the Jacksonville, Tampa and Key West railway, it is said, brought him into trouble.

9. August 12, 1893 Chicago Eagle Chicago, IL

Article from Chicago Eagle, August 12, 1893

Click image to open full size in new tab

Article Text

NEW YORK BANK CLOSED. The Madison Square's Capital Reported to Be Impaired $80,000. r The report in New York that the Madison Square Bank would not open Wednesday sent a great crowd of depositors to the institution to get their money if possible. They were disappointed, as a notice was posted to the effect that the bank was closed. The suspension was due to the refusal of the St. Nicholas Bank to clear the bank's checks any longer, it having been learned that the capital of $800,000 had been impaired about $80,000, At Colfax, Wash, the Bank of Colfax, owned by Perkins & Williams, closed its doors. It is the oldest bank in the city. The bank will not be able to realize on its securities. The Commercial Bank atMinneapolis closed. The bank is a small local institution doing business on the east side. Its capital is $200,000, its deposits $300,000 and its time deposits $222,000. It is stated by the officers of the bank that depositors will be paid in full. The Linden Steel Company, one of the largest concerns in Pittsburg. is embarrassed and has asked for an extension. The company manufacturers armor plate and has large government contracts. Judgments aggregating $61,000 were entered against the company. Fuller Bros.. commission merchants at 139 Greenwich street, New York, assigned. A. D. Baker, proprietor of the South Bend Wagon Works at Mishawaka. Ind., has made an assignment. Liabilities, $120,000; assets, $55,600.

10. August 15, 1893 The Atlanta Constitution Atlanta, GA

Article from The Atlanta Constitution, August 15, 1893

Click image to open full size in new tab

Article Text

BANK FFICERS arrested. By the Order of Comptroller Eckles-The Charges Against Them. Orlando, Fla., August 9.-(Special.)-This city is thoroughly excited over the new and sensational turn the affairs of the suspended First National bank have taken. Late last night the president of the bank, Nat Poyntz, Cashier James L. Giles and Director J. B. Parnamore were arrested on a charge of fraud. President Poyntz, in the custody of the United States marshal, was taken to Jacksonville. Warrants are out for J. H. Lee, of Ovide, and W. R. O'Neal, of this city, who are directors of the bank, and for O. T. Poyntz, assistent cashier. Poyntz is sick in bed. O'Neal is in Ohio. All of the parties are prominent citizens, standing well in the community. Most people here hope that everything will eventually turn out all right, though rumors are rife that the grounds for the charges are serious. Þayntz was arrested under orders from Comptroller Eckles, charging him with making a false report to the comptroller of the treasury. This morning. upon his arrival there, he was taken before United States Contmissioner C. S. Adams, who held a preliminary examination. The witnesses against Mr. Poyntz were C. S. Johnson, E. K. Smith, C. Warfield and James K. Duke, all employes of the bank. After hearing the testimony of the witnesses Commissioner Adams held Mr. Poyntz under $15,000 bond to appear at the next term of the United States court. They Were Premptly Paid. New Orleans, La., August 9.-A run was started yesterday on the Germania Savings bank, and all who came were promptly paid. Other Suspensions. Minneapolie, Minn., August 9.-The Commercial bank closed its doors this morning. The bank is a small local institution doing business on the east side. Its capital is $200,000; its deposits $400,000 and its time deposits $222,000. The loans and discounts at the last statement amounted to $642,000. It is stated by the officers of the bank that depositors will be paid in full. Rochester. Minn., August 9.-The Union National bank closed temporarily this morning. There was no stampede but slow withdrawals of deposits have reduced the bank's resources materially and the depreciation of commercial paper had some effect. The bank is solvent and will resume without the appointment of a receiver. The other banks are all considered solid.

11. August 16, 1893 The Star Reynoldsville, PA

Click image to open full size in new tab

Article Text

Financial and Commercial. The Bank of Wellsburg at Wellsburg, W. Va, closed its doors. The assets are $300, 000, with liabilities said to be not over hal that amount. The First national bank of Nashville, Tenn., suspended. It claims assets 0 $3,047,983. The City savings bank also suspended. The Bank of Colfax, at Colfax, Wash., suspended. The Commercial Bank of Minneapolis, Minn., suspended. New Orleans savings banks will require from depositors 60 days' notice of intended withdrawals. There was a run on the Germania savings bank on Tuesday. The Caldwell County bank of Kingston, Mo., and the Exchange bank of Polo, Mo., have closed their doors. The First Na ional Bank of Fort Scott, Kansas, the oldest bank in Kansas, which suspended recently has resumed. The American National Bank, Nashville, Tenn., has suspended payment. The Safe Deposit Trust and Banking Company has suspended temporarily. The Hamilton county state bank, Web ster City, la., one of the oldest and best banks in Iowa closed its doors on account o: inability to realize on assets.

12. August 17, 1893 The Middleburgh Post Middleburg, PA

Article from The Middleburgh Post, August 17, 1893

Click image to open full size in new tab

Article Text

Financial and Commercial. The Bank of Wellsburg at Wellsburg, W. Va., closed its doors. The assets are $300,000, with liabilities said to be not over hat that amount. The First national bank of Nashville, Tenn., suspended. It claims assets o $3,047,983. The City savings bank also suspended. The Bank of Colfax, at Colfax, Wash., suspended. The Commercial Bank of Minneapotis, Minn., suspended. New Orleans savings banks will require from depositors 60 days' notice of intended withdrawais. There was a run on the Germania savings bank on Tuesday. The Caldwell County bank of Kingston, Mo., and the Exchange bank of Polo, Mo., have closed their doors. The First Na ional Bank of Fort Scott, Kansas, the oldest bank in Kansas, which suspended recently has resumed. The American National Bank, Nashville, Tenn., has suspended payment. The Safe Deposit Trust and Banking Company has suspended temporarily. The Hamilton county state bank. Web ster City, Ia., one of the oldest and best banks in Iowa closed its doors on account 01 inability to realize on assets.

13. August 30, 1893 St. Paul Daily Globe Saint Paul, MN

Article from St. Paul Daily Globe, August 30, 1893

Click image to open full size in new tab

Article Text

MINNEAPOLIS. MINNEAPOLIS GLOBULES. James Carter asks $6.000 from the street railway company for alleged personal injuries. The assignee of the Farmers' and Merchants' State bank has begun suit to collect $3,882.37 on notes. Alme Hunter bas begun suit against the street railway company to collect $26,488 for personal injuries. Preparations are afoot for the early reopening of the Commercial bank, on the East side, which suspended some weeks ago. T. J. Price, of the Kellogg Newspaper company, and wife jeft last night to attend the golden wedding anniversary of his parents. Next Monday evening the Wilburs will return with "The Royal Middy, which was well liked when produced in St. Paul this summer. Henry Merchant is of the opinion that the street railway company has injured him to the extent of $6,084, and he has brought suit for that amount. Mayor Eustis says he will be obliged to veto the orders for a large number of sewers, watermains, etc., presented by the council of list Friday's meeting. William Hickey. of Hopkins, was brought into the city tied hand and foo yesterday afternoon and given twenty days in the county jail for beating hi children. The Gun Flint Lake Iron company which has been sued for its indebted ness to the State bank, made an assign ment yesterday to W. H. Lynn. A1 affidavit of valuation places the asset at $10,000. The assignee of the American Ex change bank has begun suit against the Gun Flint Lake Iron company to collec $5,000 on a note. A second action agains the same party is to collect $4,000 on the same grounds. A committee of laboring men calle yesterday morning upon the mayor t ask about a proclamation for Labor Day While the mayor not promise to issu the proclamation, the committee is hope ful that he will issue it. Lars G. Lundquist asks the court fo a dissolution of the firm of James Bla don & Co. that he may secure certai sums of money paid into the partner ship, because he claims Bladon refuse to make an account of the profits. A new department at the public li brary will be opened Sept. 1, the juven ile department. It will be located i the room now devoted to the display o old coins, and will contain a very com plete collection. John Drew and his clever company were greeted by another large audienc at the Grand last night. "The Maske Ball" fills the bill for light, pleasing comedy. Same bill all the week, with Saturday matinee. William Perry, who fell from a ladde and broke his back about two month ago, while putting in screen windows a 2401 Central avenue, was taken to St Mary's hospital yesterday morning The case is said to be a remarkable on from a medical standpoint. Dr. Caine, of Stillwater, who was in jured in an accident at Lake City dur ing the state encampment, and whos life was despaired of for several weeks was in the city last night, being ao corded a hearty welcome by his man friends. The building inspector has abou found out that the New England asso ciation is the real owner of the ol Tribune building, and as soon as th city attorney comes home will probabl go into court and ask that the receive be ordered to put the old ruin in a saf condition. The first open session of the revisio committee of the city council was hel yesterday morning, and about twenty five taxpayers were on hand to argu for or against several minor permaner improvements. The committee con