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MORE BANKS GO DOWN. TWO SUSPENSIONS IN MINNEAPOLIS THE COLUMBIA NATIONAL AND THE WASHINGTON SHUT THEIR DOORS-THE FAILURES START A FLURRY. Minneapolis, Dec. 29.-The Columbia National Bank, whose president is Charles Kittleson, exState Treasurer. and whose cashier is Joseph Bobleter, also an ex-State Treasurer, failed to open its doors this morning, and George M. Cofiln, Deputy-Controller of the Currency, who happened to be in the city, took charge. Cashier Bobleter said that the liabilities, not including the capital stock. etc., and including principally deposits. amount in round numbers to $247,000. while the assets, mostly notes, amount to $450,000. He said that he had no doubt but that the depositors would in time be paid in full. The State is creditor to the amount of $16,000 and the county to about $5,000. The city had $1,200 on deposit. At the present time, according to Cashier Bobleter, there is $33,000 cash in the vault, and $100,000 will be collected within the next thirty days. The suspension was ordered for the purpose of protecting the majority of the creditors. The bank's capital is $200,000. The suspension of the Scandia yesterday and the Columbia this morning created consternation among the patrons of the Washington Bank, and such a run ensued that the bank was compelled to close its doors shortly after noon. Depositors drew their checks directly at the bank and through the clearing-house at such a rate that it was evident that the interests of all the depositors demanded suspension of business The bank knew that its strength would be sorely taxed to-day. and had made arrangements to get $50,000 in cash. which would have tided it over safely. but the money was not forthcoming this morning. and after a vain attempt to stand the demands, Cashier Brecke telephoned Bank Examiner Kenyon that the off!cials had decided to close the bank, and asked him to take charge. Cashier Breck said this afternoon that, aside from the matter of cash on hand. the bank was in excellent shape. Exactly what will be done has not yet been determined It is likely that the suspension will be only temporary, as the resources of the bank are in such shape, according to Mr. Breeke, that its depositors can be paid in full in a comparatively short time. and 50 cents on the dollar within two months. In round numbers the liabilities are $500,000. and the assets $600,000. Of the latter, only $14,500 is real estate. The bank had some city deposits, $3,000 of State money and $4.000 of the county's The bank officials are: President, A. C. Haugan, who is at present City Treasurer: vice-president. K.S.E. Johnson: casnier. O. E. Brecke. The bank's loans and discounts are $507,145. Its deposits are $458,000. and its capital stock is $100,000. The announcement of the failure of the Columbia and Washington banks caused a considerable flurry at nearly all of the other banks of the city. The biggest run was on the Farmers and Mechanics" Bank, the largest savings institution in the Northwest. with deposits of over $6,000,000. This bank is said to be entirely safe. It stood a constant run of eight days during the panic of 1893. The correspondent in New-York of the Columbia National Bank, of Minneapolis, was the Hanover National Bank, the cashier of which, William Halls said: "The Columbia Bank failed because it could not borrow money. The day after the failure of the Bank of Minnesota it asked us for money. and 1+ asked '18 again the next day. but we refused The bank's account with 113 had been declining for five months, and we knew it was weak." The correspondent In New-York of the Washingfor Bank of Minneapolis was the Seaboard Na tional Bank, the vice-president of which Stuart G. Nelson, sail: "The Washington Bank was not strong It owes US $2,700. which it borrowed sixty days ago We hold $15,000 in collateral against the loan."