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A DISASTROUS BANK FAILURE The Collapse of the Columbia National of Chicago. OTHER INSTITUTIONS AFFECTED Expected that Depositors will Lose But Little-Straightenidg Out the Affair. f t Associated Press. Madison, Wis., May 12.-The bank of r Oregon, established about a year ago 0 by Dwiggin, Starbuck & Co., of Chie cago, made an assignment today. The closing of the bank is due to the cole lapse of the Columbian National bank r of Chicago. The assets are figured at o $35,000; liabilities $30,000 of which $25,000 is due the depositors, who are nearly all business men in the village f of Oregon. St Louis, May 12.-The Ottawa county bank at Elmore closed its doors today, as a result of the failure of the Columbian National bank of Chicago. The out-look is that depositers will be paid in full. Casey, Ills., May 12.-The Columbia National Bank are the principal stockholders in the Farmers' and Merchants' Bank of this city, and it made an assignment today. The assets will probably be $16,000; the liabilities, may reach $25,000 or over. Rockford, Mich., May 12.-The private banking institution of Paris and Nave closed its doors this morning. The bank was affected by the failure of the Indianapolis Bank. Kalamazoo, Mich., May 12.-The United Bank of Richland of this county, did not open its doors today, owing to its connection with the Columbian National Bank of Chicago. Lafayette, Ind., May 12.-The Commercial Bank at Crookston, fifteen miles north of this city has closed its doors. The deposits amount $50,000. The officers say it will pay in full and resume business as soon as its affairs can be straightened out. Charlevaix, Mich., May 12,-The Bank of Charlevaix closed its doors this morning and placed its affairs in the hands of an assignee. The deposits probably do not exceed $10,000, and it is believed every creditor will be paid in full. Ind., May 12.-The Comat republican Kokomo, meeting Louisville knew the Farmers' Bank at Greentown failed this morning for $60,000. The failure of the Columbia Bank of Chicago is responsible for the collapse. Ottawa, Ills., May 12.-Richard J. Hornick, banker, merchant and speculator of Grand Ridge, has failed owing to a run on the bank caused by a financial entanglement with (his brother, John Hornick, of Sioux City. 1 Minneapolis, May 12.-The Bank of Greenwood, Ind., closed its doors on account of the failure of the Columbia Bank of Chicago. No statement has been made. Edwardsburg, Mich., May -The Citizens' Bank displayed a notice on its doors this morning as follows: "Out of business; back at noon." Starbuck & National D. Columbia town Wiggins, on Bank of Co., Chicago, of the held a large share of stock in the Citizens' Bank. The citizens of this place d are interested to the extent of $25,000. Township and school funds are also tied up. The manager of the local bank t at Lawton, Mich., has left town and W the bank is closed. The liabilities are small. p h Indianapolis, May 12.-The Commerd cial bank of Brookston has closed. No V statement is made as to assets or liabilities. It was controlled by the Columbla bank of Chicago. Cincinnati, Ohio, May 12.-The pria of D. Wiggins, & t Williamsburg, its vate Co. at bank Ohio, Starbuck closed from t doors this morning on orders Wiggins, the president of the Columbia bank of Chicago. It was a branch V assets are $35,000; " An $60,000. bank. The expert accountant liabilities, employed bank yesterday came He was this at the morning. arrested, here charged early V with embezzlement.