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DENVER. Colo., July 18.-No scene was ever witnessed before like one this morning shortly after the hour when banks opened for business.
The failure of three sevings banke yesterday had excited the masses and at the hour of opening the streets were crowded with anxious depositors.
Eleven clearing house banks, located within four blocks of each other, were surrounded and far into the streets the crowds gathered until the police were called to clear the way for the traffic.
At 10 o'clock the Union National, with a capital of $1,000,000, posted notice that they would not open the doors. This started the panic and following quickly, the Commercial National bank posted a similar notice.
Then the National Bank of Commerce run immediately started one on the other banks though to no great extent upon the Peoples National. The First National appears in unexceptionable condition, having over sixty per cent of deposits on had with a private fund of a million and a half in addition to draw upon, making it impossible to close their doors. The Colorado National and several other are equally good.
The mob withdrawing their money are all smali depositors. The banks are paying all demands except on time certificates, demanding that they remain there till the expiration of the time.
President J. A. Thacher of the clear-house said: "I am confident today will see the worst of this and the people wil will come to their senses. At a meeting of the clearing house last night we decided we could not help the banks and so some of them have gone to the wall.
The Union National bank, which failed, has a capital of $1,000,000. No statement yet.
RUNS ON ALL OF THEM.
A run is now being made on the City Nationsl, German National, First National, Colorado National and all of the eleven clearing house banks. A panic is now on.
LATER-The Commercial National has closed its doors. The notice on the door says: "This bank has gone into fliquidation by order of the board of directors."
The National Bank of Commerce has closed its doors. Ex-Governor Job A. Cooper is president of this bank.
At the State National bank a big run is in progress. The National Bank of Commerce has closed. Its condition is not known. The Union National closed after paying out during the last few weeks $1,000,000 to depositors. It owes $500,000. The Commercial National has closed for liquidation. It has a capital stock of $25,000. There is a run on the American National, but it is not serious; the bank has $1,000,000 capital.
IN THE EAST.
TOLEDO, Ohio, July 18.-The Citizens bank, the most prominent bank in Harden county, failed this morning. No statement.
FORT SCOTT, Kans., July 18. The First National bank, the oldest financial institution in this part of the country, has failed.
VALETTA, Malta, July 18. In the court martial resulting from the sinking of the British warship Victoria Lord Cifford, flag lieutenant of the squadron, testified that after the collision Admiral Tryon said to him: "It was ali my fault."
PORT TOWNSEND, Wash., July 18.-- The man-of-war Mohican was fired upon and disabled June 25 in Bering sea by the Hawaiian steamer Alexandria, which sailed from San Francisco last April 1. The Mohicau discovered the Alexandria in the act of raiding seal rookeries and tried to intercept her, firing two shots across her bow. The Alexandria returned with a cannon fire, striking the Mohican amidships and disabling her engines. The Mohican went to Alaska for repairs and the Alexandria escaped.
SEIZED BY THE RUSH.
PORT TOWNSEND, Wash.., 18. The schooners Alexandria and St. Paul were