1413. Jb Wheeler Banking Company (Manitou Springs, CO)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
July 20, 1893
Location
Manitou Springs, Colorado (38.860, -104.917)

Metadata

Model
gpt-5-mini
Short Digest
6ddcb581

Response Measures

None

Description

Contemporary newspapers (July 1893) list the J. B. Wheeler Banking Co. of Manitou among a number of country banks that 'have suspended' with suspensions 'announced on the 20th.' The articles give no information about reopening or receivership. Because the outcome is not reported here but the 1893 context saw many suspensions lead to failure, I mark this as suspension_closure but outcome is uncertain from these items alone.

Events (1)
1. July 20, 1893 Suspension
Cause
Macro News
Cause Details
Listed among a number of country banks that suspended in mid-July 1893; part of wider wave of suspensions (Panic of 1893 / regional banking distress).
Newspaper Excerpt
The J. B. Wheeler Banking Co. of Manitou ... have suspended. The following suspensions were announced on the 20th: The First National of Canon City, the J. B. Wheeler Banking Co. of Manitou and Colorado City
Source
newspapers

Newspaper Articles (2)
1. July 28, 1893 The State Herald Holyoke, CO
Article from The State Herald, July 28, 1893

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Article Text

Outside of Denver, A number of country banks have suspended, among the number being the Union Bank of Greeley, the J. B. Wheeler Banking Co. of Aspen, the Bank of Loveland and the Bank of Sterting. The following suspensions were announced on the 20th: The First National of Canon City, the J. B. Wheeler Banking Co. of ManItou and Colorado City, and the First National of Grand Junetion.

2. July 29, 1893 The Meeker Herald Meeker, CO
Article from The Meeker Herald, July 29, 1893

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Article Text

Outside of Denver. A number of country banks have suspended, among the number being the Union Bank of Greeley, the J. B. Wheeler Banking Co. of Aspen, the Bank of Loveland and the Bank of Sterling. The following suspensions were announced on the 20th: The First National of Canon City, the J. B. Wheeler Banking Co. of Manitou and Colorado City, and the First National of Grand Junction.