235101123 23510
national
4c73184c60e235f5Capital injected, Partial suspension, Full suspension
Other: Depositors accepted extension (extension certificates) agreements with stockholders to reopen; this is captured as partial suspension and capital support by stockholders (injection).
Click image to open full size in new tab
The failure of two banks at Denver today was raised by rumor in this city to the collapse of eleven, or all the clearing house banks. The latter report doubtless arone from the fact that a run was being made on all of the banks, but with the exceptions noted they stood the pressure.
Click image to open full size in new tab
Another Denver Bank Closes. DENVER, July 19. -The German National bank of Denver closed its doors this morning. J. J. Reithman is president. The Mout Lumber company has also suspended.
Click image to open full size in new tab
Financial Panic at Denver. DENVER, July 19.-The Union National bank failed to open its doors yesterday. The capital is $1,000,000. A run is now being made on the City National, German National, First National and Colonial and even the clearing house banks. There is a panic in financial circles. The National Bank of Commerce and the Commercial National bank have closed their doors.
Click image to open full size in new tab
A Panic. DENVER, Col., July 18.-A regular panic has been experienced in this city today. The first failure announced was that of the First National Bank, with a capital of $1,000,000, which precipitated a run on the City National, the German National and all the clearing houses. The National Bank of Commerce closed,
Click image to open full size in new tab
RUN ON DENVER BANKS. One Closes Its Doors and There is a Run on the Others. DENVER, Col, July 18.-The Union National bank, of which R. W. Woodbury is President, failed to open its doors this morning Capital, $170,000. No statement can be had. A run is now being made on the City National, German National, First National, Colorado National and the eleven clearing house banks. The panic is on.
Click image to open full size in new tab
LAST week was a bad one for the banks of Denver. Depositors had been drawing their deposits for weeks and a number of the banks were in bad condition. The failure of three savings banks precipitated a run on all the banks in the city and there were several big failures.
Click image to open full size in new tab
WAILING DEPOSITORS. DLD RELIABLES OF DENVER CLOSE THEIR DOORS. With Abundant Assets the German National, People's National and State Banks Forced to Announce Empty Coffers-Other Banks Survive the Run and the Crisis Seems Past.
Click image to open full size in new tab
FINANCIAL DISTURBANC BAD STATE OF AFFAIRS AFFECTI ALL PARTS OF COLORADO. Thirty Thousand Men Thrown Out of ployment by Shutting Down of Mines Smelters and Dependent Institutions. Numerous Business Failures. DENVER, July 20.-There will parently be no more bank failures Denver. The panic wore itself yesterday with the failure of Peoples, German and State Nation banks. This morning when the Colorado, Denver City and Americ National banks opened their there were hardly a dozen deposite in all of them at the paying celle windows. In the First and Colora National banks long strings of itors reaching nearly to the street lined up in front of the receivi 0 window and money was back into the bank vault almost rapidly as it was withdrawn the past three days. The Germa State and Peoples Nationals could three for one if they could realize securities. There may be a few commerc failures in the city within the next days as a result of the suspension bauks. but it is believed that in no stance, whether banking or cial houses. will the failure be plete and resumption of busin SS surely follow shortly. It is stated day that the McNamara dry house which failed Monday for 000 have settled with their princi Monday. creditors and will resume busin UNEMPLOYED LABOR DENVER, Colo., July 20,-The
Click image to open full size in new tab
POINTS FOR THE PEOPLE. -Sects and creeds cut no figure in the battle for human rights. One Father McGlynn is worth more to humanity's cause than a regiment of Henry Ward Beechers. -Which would you prefer to have, a clearing house certificate or a green back issued by the government? Yet the latter has been branded by the national bankers as fiat money-Tacoma Sun. -If silver has no claim as a money metal because it is a product of the earth, gold loses its claim on the same ground. All the people ask is that the two metals shall be treated alike by our government.-Journal of Agriculture. -England had rather rule this country financially and commercially, by manipulating our legislation, than to conquer it by the arts of war. It serves her purpose as well, and is more healthful and less expensive.-Journal of Agriculture. -The present panic was deliberately planned and executed to bluff congress into the demonetization of silver, the purpose being to enhance the value of the securities held by the panic makers, by making them payable in gold val ues.-Journal of Agriculture. -Franklin was without doubt the all round wisest man this continenti ever produced, and he declared at that early day in favor of paper money, pure legal tenders, after a trial of the principle in the colony of Pennsylvanie from 1722 to 1762-National Watch man. 'Whatever a government agrees to receive in payment of the public dues, as a medium of circulation, is money, no matter what its form may be; treasury notes, drafts, etc. Such bills or paper, issued under authority of the United States, are money. ."-Henry Clay in the Senate, 1887. -The populist cause is sure to triumph. There is a moral wave sweeping over the country and by that wave one or both of the old parties will be lashed to pieces. The new issues are coming to the front and they will never down till they are settled and settled right.-Alliance Independent -In 1892 the production of silver was 58,000,000 ounces, of which the government bought 54,129,727 ounces, putting into circulation therefor $47,394,291 in treasury notes. Free coinage of the American product would have put into circulation $19,595,609 more money, after deducting silver used in the arts. This is $88,974,927 less than the gold lost by export during the year. -When we get a postal note or P. O. money order we know to an absolute certainty that it is as good as the cash itself, but when .we get a bank draft we look to see what bank drew the draft and upon what bank it was drawn and then look at the list of fallures. The Nebraska people's party boys were right when they took the lead for government banks.-Missouri World. -Since January 1 nearly two hun dred national banks have closed their doors, against less than fifty during the same period last year. Of the fall. ures this year five have been United States depositories, as follows: The First national bank, of Little Rook, Ark.: the Gate City national bank, of Atlanta, Ga.; the People's national bank, of Denver, Col.: the German national bank, of Denver, Col., and the Kentucky national bank, of Louisville. -Chicago has a new illustrated weekly devoted to the free coinage of silver. Its energies had better be expended in explaining the money function and the uselessness and waste of all the labor in digging and dying for some yellow and white minerals. The same labor expended in creating food, clothing, shelter, instruction and amusement would happify untold millions. The people can create all the money they want and print it on paper that didn't have to be mined at such lbor.-Coming Nation. -The industrial millions demand justice. Through special privileges and class legislation they have been defrauded. Throughallowing politicians and interested newspapers to do their thinking, they have permitted themselves to be well nigh enslaved. Their hope now lies in independent thinking. and in political unity of action. The first thing to be done is to abolish all class legislation, and to demand the government ownership of natural "monopolies,' as well as an expansion of the volume of currency, which will tend to relieve congested business conditions, and enable the slaves of the gold barons at least to live after paying their interest.-B. O. Flower. d -Superintendent-"You want a job driving one of our street sprinklers, eh? Ever had any experience?" Applicant-"No, but-" 'But what?" "Everybody tells me I'm so blind I can't see a street crossing ten feet away and-" "That'll do. Come 'round in the morning and take out the biggest sprinkler we own." - Buffalo Courier -Five-year-old Frances had been spending an afternoon with a little friend. When she returned home she found another little friend there who hadcometovisither "Etheldoesn'tlove you," said Frances to the second little to one the calling girl, referring upon. 'Why the not?" she asked had been visitor, somewhat surprised. "Tause she doesn't know you,' explained
Click image to open full size in new tab
Looks Better. DENVER, August 30.-The German National bank reopened its doors for business at the regular hour yesterday. This is one of the oldest banks in the west and one of the last to suspend during the July panic. The First National Bank of Canon City also reopened.
Click image to open full size in new tab
Denver Banks Resume. DENVER, Cor., August 29.-The German National Bank opened its doors for business at the regular hour this morning. This is one of the oldest banks in the city and one of the last to suspend during the July panic. Heavy deposits soon were made. The other two banks expect to resume this week.
Click image to open full size in new tab
More Denver Banks Resume. DENVER, Aug. 30.-The German National bank of this city and the First National bank of Canon City, which closed during the recent panic, have resumed business.
Click image to open full size in new tab
Denver Banks Resuming. DENVER, Aug. 30.-The German National bank has opened its doors for business. The other two suspended banks expect to resume this week.
Click image to open full size in new tab
More Denver Banks Resume. DENVER, Ang. 30. - -The German National bank of this city and the First National bank of Canon City, which closed during the recent panic, have resumed business. CHARTER GRANTED.
Click image to open full size in new tab
German National Bank Busted. DENVER, Colo., June 7.-The German National bank did not open its doors today. Cashier Kunzemiller says the institution is compelled to go out of business. It is one of the oldest banks in the city. At one time the bank's stock sold for $335 a share. The bank was closed during the panic last summer, but subsequently reapened on an agreement with the stockholders.
Click image to open full size in new tab
CLOSED FOR GOOD NOW. The Denver German National Unable to Meet Its Depositors' Certificates. DENVER, Col., June 8.-The German National bank did not open its doors to-day and Cashier Kunzemiller says that the institution is compelled to go out of business. It was closed during the panic last summer, but subsequently reopened on an agreement with the depositors who accepted extension certificates. It is impossible to ascertain whether the depositors will be paid in full or not.
Click image to open full size in new tab
Bank Doors Closed. DENVER Col., June 7.-The German National bank did not open its doors today. Cashier Kunze Miller says that the institution is compelled to go out of business. The bank was closed during the panic last summer, but subsequently opened on an agreement with the stockholders.
Click image to open full size in new tab
Bully For Zeph. Denver, July 6.-Zeph T. Hill has been appointed receiver for the German National bank which closed its doors several weeks ago.
Click image to open full size in new tab
Enforce Individual Liability. DENVER, Jan. 30.-Receiver Frank Adams of the defunct Commercial National bank, has received notice from Comptroller Eckels at Washington, to enforce the individual liability of the stockholders. The assessment amounts to $250,000, and the stockholders are given until Feb. 16 to meet the obligation. The receiver is authorized to grant extensions until May 16 under certain conditions. A similar notice was served a few days ago in the case of the German National bank of this city.
Click image to open full size in new tab
BRIEF BITS OF NEWS. Fire destroyed the new Methodist church at Ackley, Ia Telephone wires are being strung between Kansas City and Sioux City. The Southern Minnesota Medical Association held its 15th annual session at Mankato. C. Knight, chairman of the Philadelphia Stock Exchange for the last 10 years, is dead. All the elevators in the Armour system have been declared irregular by the Chicago board of trade. The First National bank of El Reno, O. T., has closed The officers say that depositors will be paid in full. The Chicago Burlington and Quincy directors have declared the regular quarterly dividend of 1 per cent, payable June 15. United States Minister to Japan, Mr. Dunn, arrived at San Francisco by the steamer China. He is on a vacation and will visit his home in the East. The Abyssinians have liberated the Italians who were made prisoners at Agama and it is said that Ras Mangasia will liberate the balance within a week. s P. Lorillard's Sandia won the Maiden plate, 103 sovereigns, at Newmarket, seven horses running. George H. Ketcham was second and Red Virgin third. James Cregan and Charles Brecker were arrested at Newark, N. J., on a charge of check raising, by which they secured from the Bank of Nevada, San Francisco, $22,000. $ French customs receipts for the first four months of 1896 show increases in $ imports of 167,000,000 francs and of exports to the sum of 83,000,000 francs as : compared with the same period of 1895. ( The federal grand jury has found three indictments against John Reith$ man, Sr., John Reithman, Jr., Charles McClinton and Charles Kunzmiller, Jr., officials of the defunct German National I bank at Denver. i The house committee on judiciary has : / : ordered a favorable report on the bill to I establish a site for the erection of a penitentiary to cost not exceeding $150,1 000 on the military reservation at Fort Leavenworth. t The numerous contests for the estate D of Millionaire Andrew J. Davis, of Butte, Mon., are said to have so ex: hausted it that at present what was h originally $10,000,000 is reduced to not t much above $2,000,000. J. J. Walsh, John Farr and Luke f Bowen have been held for trial at New Britain, Conn., on the charge of aiding and abetting the prize fight in which Johnny Houlihan lost his life last week. More arrests will probably follow.
Click image to open full size in new tab
Schofield Appointed Receiver, DENVER, Col., Dec. 10.-A special from Albuquerque, N. M., says: It is learned here that John C. Schotield of Boston city, who is now in Washington, has received the appointment of receiver for the German National bank of Denver, Col. Mr. Schofield was the receiver for the Albuquerque National bank which failed two years last July and be collected the debte d ue to the bank so closely that the depositors were paid full.
Click image to open full size in new tab
Another Good Job. It is learned this afternoon that J. W. Schofleld, who was the receiver for the Albuquerque National bank, has been tendered the receivership for the Germania National bank of Denver, Colo., and that he at once accepted the position. In that event, it is also learned that Chas. K. Newhalt. who was Mr. Schofleld's clerk here, will fill the same position at Denver. Mr. Schofield and wife are now at Washington.