9860. Union National Bank (Rochester, MN)

Bank Information

Episode Type
Run → Suspension → Reopening
Bank Type
national
Bank ID
2088
Charter Number
2088
Start Date
August 9, 1893
Location
Rochester, Minnesota (44.022, -92.470)

Metadata

Model
gpt-5-mini
Short Digest
9794cc58

Response Measures

Capital injected, Full suspension, Books examined

Other: Citizens and 33 businessmen signed guaranty for $303,000; Comptroller required conditions for reopening.

Description

Multiple contemporaneous articles (Aug 9, 1893) report slow withdrawals/reduced resources and the bank 'closed temporarily' / 'suspended' on Aug 9 due to the money stringency and depreciation of commercial paper. Community guarantees and a filed guaranty led to reopening permission from the Comptroller in early October 1893.

Events (4)

1. March 5, 1873 Chartered
Source
historical_nic
2. August 9, 1893 Run
Cause
Macro News
Cause Details
Stringency in the money market and depreciation of commercial paper during the 1893 financial panic prompted slow withdrawals and pressure on liquidity.
Measures
Solicited cooperation of depositors; local business leaders pledged support (guaranty) to stabilize the bank.
Newspaper Excerpt
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.
Source
newspapers
3. August 9, 1893 Suspension
Cause
Macro News
Cause Details
Bank suspended payments temporarily because of the general financial stringency and inability to realize on securities; not due to alleged fraud or insolvency according to reports.
Newspaper Excerpt
The Union National bank closed temporarily this morning. It will resume without the appointment of a receiver.
Source
newspapers
4. October 2, 1893 Reopening
Newspaper Excerpt
The Union National Bank of Rochester, Minn. ... have been permitted to reopen their doors for business (Oct. 2, 1893).
Source
newspapers

Newspaper Articles (20)

Article from The Helena Independent, August 10, 1893

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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


Article from The Morning Call, August 10, 1893

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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


Article from New-York Tribune, August 10, 1893

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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.


Article from The Herald, August 10, 1893

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P Closed Temporarily. ROCHESTER, Minn., Aug. 9. -The Union National bank closed temporarily this morning. It will resume without the appointment of a receiver.


Article from Morning Journal and Courier, August 10, 1893

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Two Banks Close. ROCHESTER, Minn., Aug. 8.-The Union National bank closed this morning. The bank is solvent, and will resume without the appointment of a receiver. The other banks are all considered solid. COLFAX, Waeh, Aug. 9.-The Bank of Colfax has closed. Capital $100,000. Assets exceed liabilities two to one.


Article from The Times, August 10, 1893

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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.


Article from The Salt Lake Herald, August 10, 1893

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TELEGRAPHIC BREVITIES. The gold in the treasury yesterday was $3,157,354 above the $100,000,000 gold reserve. Fuller Bros. & Co., commission merchants, of New York, have assigned to C. B. Mulligan. The bank of Colfax, Wash., has closed. Capital, $100,000. Assets exceed liabilities two to one. During the twenty-four hours ended at noon yesterday there were nine deaths from cholera in Naples. It has been decided to institute legal proceedings against the men charged with wrecking the Indianapolis National bank. Comptroller Eckels has appointed E. W. Knight, jr., receiver of the Stockgrowers'. National bank of Miles City, Mont. The Union National bank, of Rochester, Minn., has closed temporarily. It will resume without the appointment of a receiver. At Marshall, Tex., yesterday, by the explosion of a boiler, Tommy Hill, Henry Smalley and Gus Saunders were killed, and Joe Bright and Joe Walman badly scalded. A cloudburst in Gratz, capital of Styria, swelled the mountain streams to torrents which swept down the valleys, doing great damage. A large number of persons were drowned. At Wheeling, W. Va., A. W. Paul has been appointed receiver for the Nail City Stamping company. No statement beyond one, that the assets are three to one greater than the liabilities. Investigation thus far into the condition of Lazarus Silverman's Bank of Chicago shows total liabilities of $1,691,079; assets $2,521,244. Nothing of a suspicious nature is yet discovered. A London dispatch from Berlin says: The United States, Great Britain and Germany have resolved on decisive combined action to end the Samoan trouble. It is said that Mataafa will be exiled.


Article from The Times, August 11, 1893

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A NUMBER OF ADDITIONAL ASSIGN. MENTS DURING THE DAY. Banksand Other Business Houses Continue to Close Their Doors and Several Mills Shut Down- Others Resume Work. NASHVILLE, TENN., August -The suspension of the First National Bank last evening was followed to-day by the suspension of payment by the American National Bank, one of the largest and strongest in the city, The bank has a capital stock of $1,000,000 and a surplus of $116,000. When the bank opened for bus iness at the usual hour there were many depositors about its doors, and soon a run was made. The crowd was very orderly. and were paid as rapidly as possible. Meanwhile a run began on the Fourth National Bank, which has a capital stock of $1,000,000, and a surplus fund of $200,000. and is regarded by business men as perfectly solvent. The directors of both the American and Fourth National Banks published cards this morning to the effect that their banks were perfectly solvent, and also pledging their personal estates to the payment of depositors. The run on the American National Bank was stopped at 9:30 o'clock by the announcement of the fact that they would suspend payment. The directors of the Safe Deposit, Trust and Banking Company met at an early hour and decided, in view of the excitement prevailing, to take advantage of the clause in their charter requiring depositors to give sixty days' notice of withdrawal of deposits The board posted a notice stating that the depositors are absolutely safe for every dollar they have in the bank. There was no run on this bank, and but few depositors presented checks for payment. WASHINGTON, D. C., August 10.Comptroller Eckels has ordered Bank Eaxaminer Plumbly to take charge of the failed First National Bank of Nashville, Tenn., and Examiner Provoost, of of the failed Union National Bank, Rochester, Minn. KINGSTON, MO., August 10. The Caldwell County Bank, at this place, and the Excange Bank, of Polo, closed their doors yesterday morning. Both banks were owned by John D. Cox. There is no run on the other banks. EBENSBURG, PA., August 10. The banking firm of Johnston Buck & Co., of this place, conducting banks at Ebensburg. Carrollton and Hastings, closed their doors at noon to-day, and placed the following notice at the entrance: "We have assets in excess of our liabilities, but, owing to the constant demand for currency in the last twenty-four hours, we consider it to the best interest of the all concerned to suspend payments for present." The bank will resume business as soon as the financial panic subsides. INDIANAPOLIS IND., August 10.-J. M. Rider, wholesale cigar and liquor dealers. assigned yesterday with assets and llablities in the neighborhood of $10,000. He has been dealing in non-union cigars, and four years ago the Cigarmakers' Union began a systematic boycott upon him, which has been vigorously prosecuted ever since. To this he ascribed his failure. LAFAYETTE, IND., A'ugust 10.- The Bryan Wagon Works this morning went into the hands of a receiver. Jacob M. Marks was appointed. Liabilities of the company are placed at $100,000 The assets, it is claimed, will much more than pay out, if they can be realized on. WABASH, IND., August 10.-John E. Figert, manufacturer of wagons and carriages at Disko, this county, and an extensive land owner in the same neighborhood. made an assignment for the benefit of his creditors. No statement of his liabilities and assets has been made, but, it is asserted, all claims will be paid in full. LAFAYETTE, IND., August 10.-The Physicians' Electrical Supply Company assigned yesterday to Isaac Russell. The concern has been a prosperous one, but inability to collect money due forced the assignment. No statement as to liabilities and assets. It is thought the company can pay dollar for dollar on the indebtedness. MITCHELL IND., August 10.-Many quarries in this county have shut down stone indefinitely on account of the lack of demand for stone. Hundred of lahorers are out of employment and without means of support. CINCINNATI, OHIO, August 10 ).-The distilleries belonging to the Whiskey Trust will be shut down as a result of the government order requiring payment of taxes in currency. W. N. Hobart, of the trust, has returned from Peoria, treasurer where be has been in consultation with President Greenhut. As the result of the conference the order to shut down will go forth. PUEBLO, COL., August 10.-The steel plant of the Colorado Fael and Iron Com- Monpany here will resume operations with a full force of 1,600 men, after day a shut down for three weeks for repairs. The company has large orders ahead, and will run for a year, it is.said, without a cessation of operations. PHILADELPHIA, PA., August 10.Bromley & Sons' extensive carpet mills in Kensington, the manufacturing cuburb Philadelphia, whose mills shut Town last week, of temporarily hands have rearnoed operations. About 3,000 are employed. PROVIDENCE, R. I., August a-The B. B. and R Knight mills, which have been idle the past week, will start up Monday next. The firm operates mills in Portiac, Natick, River Point, Arctic, Fisheville, Arkwright, White Rock and this city in this State, and in Hebronville, Dodgeville, Manchaug and Readville in Massachusetts, employing between 7,000 and 9,000 hands. NEW HAVEN, CONN., August 10.The North and South foundries of the big Sargent Company's works were shut down last night and will run only three days a week, beginning on Monday next 200 men are are manuand that the say factured About they goods, overstocked affected. with The demands firm are very light.


Article from St. Paul Daily Globe, August 11, 1893

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LEVEL-HEADED ROCHESTER. Citizens Stand by the Banks of the Town. Special to the Globe. ROCHESTER, Minn., Aug. 10.-A meeting of the board of trade and citizens generally was held last night and largely attended, to take some action in regard to the financial welfare of the city, and to try and check depositors from withdrawing their money from the two remaining banks. Stirring speeches were made by C. C. Willson, Judge C. M. Start, Mayor Withersline, W. L. Brackenridge and others, showing the solid condition of the Rochester banks and the disasters which result from depositors becoming frightened and withdrawing their money. T.H. Titus, cashier of the Union National bank, which suspended yesterday, was present and made a clear statement of the bank's affairs, and stated that the bank had over $260,000 in deposits, which would be paid in full. The business men of the city have signified their faith in the banks by the following, which was readily signed by every business house in the city: "We, the undersigned business men of Rochester, Minn., hereby declare our confidence in the three national banks of our city. We know that these banks are solvent and can pay every dollar that is deposited with them. The stringency in the money market has made it impossible for some of these banks to realize on their securities as fast as demands have been made by depositors. We hereby signify our willingness to accept certificates of deposit on any of the Rochester banks in payment for goods at our respective places of business, feeling sure that there is no cause for alarm, and knowing that the men who are at the head of these institutions are reliable, straightforward, honest business men, and will, if time is given them, pay every depositor 'in full."


Article from The Herald, August 12, 1893

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Closed Temporarily. ROCHESTER, Minn., Aug. 9.-The Union National bank closed temporarily this morning. It will resume without the appointment of a receiver.


Article from The Atlanta Constitution, August 15, 1893

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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.


Article from The Iola Register, August 18, 1893

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maar DATE So A SEVERE earthquake was felt at Santa Rosa, Cal., on the morning of the 9th. THE men who robbed the United States express wagon at Wichita, Kan., have been caught. COLORADO has determined to at once start the building of a great canal, and thus provide work for thousands of the unemployed. AN operation has been performed on John W. Mackay, the millionaire Californian, for the removal of the Vermiform appendix. FLORISTS of America met in convention at St. Louis on the 9th. THORPE, Wis., has been badly damaged by fire. DURING a fire at Lima, O., a child was burned to death. The mother was fatally burned in attempting to rescue her child. THERE is great apprehension at Omaha lest the foundation of the new federal building is not on ground stable enough to support it. THE Union national bank at Rochester. Minn., closed temporarily. Slow withdrawals of deposits reduced the bank's resources materially. The bank solvent S ITALIAN, Austrian and Hungarian laborers are leaving Pueblo, Col., for their old homes in Europe at the rate of 200 or 300 a week. THE committee trying to adjust the discriminations in rates between Omaha and Council Bluffs has abandomed its effort. LAFAYETTE YOUNG, of Des Moines, editor of the Iowa Capitol, has announced himself a candidate for governor of Iowa. A POPULIST national convention has been called to meet in Indianapolis in conjunction with the G. A. R. encampnent. OHIO democrats nominated Lawrence Γ. Neal for governor and William A. Taylor for lieutenant-governor; for judge of supreme court, John W. Sater; for state treasurer, B. C. Blackburn; ittorney-general, John P. Bailey; member of board of public works, Lewis B. Welhelm: food and dairy commissioner, P. H. McKeon.* PETTIT'S salt warehouse near Milwaukee burned recently. Loss, $100,*000 THEODORE THOMAS, musical director it the world's fair, has resigned. The directors will run a number of small bands instead of a large one. THE result of the Cherokee election was a great surprise, the national party sweeping everything and completely routing the Downings. JAMES L. FLOOD denies the statement to the effect that the Southern Pacific Co. has borrowed $800,000 from him. IN the statehood convention at El Reno it was resolved to appeal to congress to make Oklahoma and Indian territory one state. Two more bodies have been found under the railway wreck at Danville, III OFFICERS of the Denver Investment Bond Co. have been arrested on a charge of violating the postal laws and the laws relating to lotteries. FATHER O'LEARY denies that his dispute with Bishop Matz, of Denver, is at all of the sensational nature ascribed to it. He says it is a piece of silly exaggeration. "MR. RODNEY," of Galveston, who, with his wife, walked to the world's


Article from St. Paul Daily Globe, September 13, 1893

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WILL REOPEN. Rochester Union National Bank Backed by Citizens Special to the Globe. ROCHESTER, Minn., Sept. 12.- - The Union National bank, which suspended here Aug. 9, addressed today a circular letter, acting under directions of the comptroller of the currency, to each of its depositors, asking their co-operation and aid in reopening the bank. The bank has also filed in the office of the clerk of court an agreement of guaranty to the sum total of $303,000, signed by thirty-three of the solid business men of the city, each pledging his credit for it in sums varrying from $1,000 to $25,000. The affairs of the bank now are in suck shape that a reopening may be looked for in the immediate future. Public opinion, backed by public action, still stands unflinchingly by it.


Article from Evening Star, October 3, 1893

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Banks Reopened. The following national banks, which recently suspended payment, having fully complied with the conditions imposed by the controller of the currency and their capital stock being unimpaired, have been permitted to reopen their doors for business: The Kentucky National Bank of Louisville, Ky.; the Farmers' National Bank of Findlay, Ohio; the Union National Bank of Rochester, Minn.


Article from The Sun, October 3, 1893

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National Banks Reopen. WASHINGTON. Oct. 2.-The following national banks, which recently suspended payment. have been permitted to reopen for business: The Kentucky National Bank of Louisville, Ky.: the Farmers' National Bank of Findlay, O., and the Union National Bank of Rochester. Minn.


Article from The Providence News, October 3, 1893

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Banks to Resume. WASHINGTON, Oct. 8. - The following national banks which recently suspended payment have been permitted to open for business: The Kentucky National bank of Louisville, Ky.; the Farmers' National bank of Findlay, O., and the Union National bank of Rochester, Minn.


Article from Red Lodge Picket, October 7, 1893

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Permission to Resume. WASHINGTON, Oct. 4.-The - following national banks which recently suspended payment, have been permitted to reopen for business: The Kentucky National bank of Louisville, the Farmers' National bank of Findlay, O., and the Union National bank of Rochester, Minn.


Article from Chicago Eagle, October 7, 1893

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National Banks to Reopen. The following national banks which recently suspended payment have been nermitted to reopen for business: The Kintucky National Bank of Louisville, Ky.; the Farmers' National Bank of Findiay, Ohio: and the Union National Bank of Rochester, Minn.


Article from The Irish Standard, October 7, 1893

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National Banks to Resume. WASHINGTON, Oct. 3.-The following national banks, which recently suspended payment, have been permitted to reopen for business: The Kentucky national bank of Louisville, Ky.; the Farmers' National bank, of Findlay. O., and the Union national bank of Rochester, Minn.


Article from Grant County Herald, October 12, 1893

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National Banks to Resume. Washington, Oct. 3.-The following national banks, which recently suspended payment, have been permitted to reopen for businessa The Kentucky national bank of Louisville, Ky.; the Farmers' National bank, of Findlay, O., and the Union national bank of Rochester, Minn.