Article Text
A Run of Over a Month. STEVENS POINT, Wis., Aug. 4. - After standing an almost continuous run since June 25, the Commercial bank closed its doors.
Commercial Bank (Stevens Point, WI)
Episode Information
- Episode UID
263098491122- Episode Type
- Run → Suspension → Closure
- Bank Type
- trust
- Bank ID
-
26309849hash - Start Date
- June 25, 1893
- Location
- Stevens Point, Wisconsin (44.524, -89.575)
Metadata
- Model
- gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
- Short Digest
353a0338e31eba0e
Response Measures
None
Description
Two distinct episodes: 1893 run → short suspension and reopening; 1895 run → closure with receiver.
Events (5)
1.
June 25, 1893
Run
- Cause
- Macro News
- Cause Details
- Continuous withdrawals beginning June 25 during the broader 1893 panic/nervousness
- Measures
- Paid out over $120,000 to depositors and certificate holders during the run
- Newspaper Excerpt
- After standing an almost continuous run since June 25
- Source
- newspapers
2.
August 4, 1893
Suspension
- Cause
- Macro News
- Cause Details
- Closed its doors after an almost continuous run since June 25; expected to resume within 30 days
- Newspaper Excerpt
- After ... the Commercial bank closed its doors.
- Source
- newspapers
3.
September 1, 1893
Reopening
- Newspaper Excerpt
- The Commercial Bank of Stevens Point expects to resume business Sept. 1, after a suspension of three weeks.
- Source
- newspapers
4.
April 1, 1895
Receivership
- Newspaper Excerpt
- Byron B. Parks was appointed receiver.
- Source
- newspapers
5.
April 1, 1895
Run
- Cause
- Macro News
- Cause Details
- Extended run leading to closure on April 1, 1895
- Newspaper Excerpt
- The Commercial Bank ... owing to an extended run, closed its doors this morning.
- Source
- newspapers
Newspaper Articles (12)
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Article Text
Expects to Resume. STEVENS POINT, Wis., Aug. 4.-After standing an almost continuous run since June 25, during which time over $120,000 was paid to depositors and certificate holders, the Commercial bank of Stevens Point closed its doors. The assets are over $200,000, while the liabilities are less than $100,000. No particular excitement results and the other banks have sufficient funds to meet all demands. Depositors in the First National are guaranteed by the directors. and stockholders. The Commercial expects to resume within 30 days.
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WILL RESUME SEPT. 1. Setvens Point, Wis., Aug. 21.-The Commercial Bank of Stevens Point expocts to resume business Sept. 1, after a suspension of three weeks. The officials are securing the signatures of depositors for an extension. The First National was never in better condition, and Saturday loaned $2,500 to the city for completing the new high school.
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A When Bank Fals STEVEN'S POINT, WIS., April 1.The Commercial Bank of this city, owing to an extended run, closed its doors this morning. Syron B. Parks was appointed receiver The bank closed its doors last summer during the pante, but opened up again. The assets are put at $100,000 and the liabilities at $60,000.
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Wisconsin State Bank Closes. STEVENS POINT, WIS., April 1.--The Commercial Bank, of this city, owing to an extended run, closed its doors this morning. Byron B. Parks was appointed receiver. The bank closed its doors last summer during the panie, but opened UD again. The assets are put at $100,000, and the liabilities at $60,000.
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WESTERN BANK CLOSES ITS DOORS. A Steven's Point, Wis., April 1.-The Commercial Bank of this city, owing to an extended run, closed Its doors this morning. Byron B. Parks was appointed receiver. The bank closed its doors in the panic, but opened up again. The assets are put at $100,000, and the liabilities at $60,000.
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BANK'S DOORS CLOSED. STEVENS POINT, Wis., April 2.-The Commercial bank closed its doors yesterday. Byron B. Park was appointed receiver. The liabilities are about $60,000, the assets being $100,000.
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Another Western Bank Goos Under. STEVENS POINT, Wis., April 2.-The Commercial Bank, of this city, owing to an extended run, closed its doors yesterday. Byron B. Marks, was appointed receiver. The bank closed its doors last summer during the panic but opened up again. The assets are put at $100,000 and the liabilities at $60,000.
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Article Text
A Wisconsin Bank Closes, Stevens Point, Wis., April 1.-The Commercial bank of this city, owing to an extended run, closed its doors this morning. Byron B. Parks was appointed receiver. The bank closed its doors last summer during the panic but opened up again. The assets are put at $100,000 and the liabilities at $60,000.
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Article Text
A Bank Closes Its Doors. The Commercial bank of Stevens Point, owing to an extended run, closed its doors. Byron B. Parks was appointed receiver. The bank closed its doors last summer during the panic, but opened up again. The assets were put at $100,000, and the liabilities at $60,000.
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Article Text
New Receiver Wanted. STEVENS POINT, Wis., May 13.-A number of the depositors of the Commercial bank, who have become dissatisfied with the receivership of J. P. Malick, today engaged attorneys to draw up a petition asking for the removal of Malick and the appointment of a new receiver.
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NEWS OF THE WEEK. Condensed Items of Interest From all Parts of the World. DAYTON, Ohio-Gov. McKinley and ex-Gov. Foraker were given a cordial welcome here this afternoon. After a reception by the Garfield club, the distinguished visitors were driven to the fair grounds, where they addressed a large number of people from this and neighboring counties. Senator Sherman who was billed to speak, could not be present. CHICAGO-The general court martial convened to investigate the charges against Lieut. Samuel S. Pague, of the Fifteenth United States infantry, for shooting at Col. R. E. A. Crofton, of the same regiment, on Oct. 3, com. menoed its proceedings at Fort Sheridan this morning. PARIS, Tex.-The town of Bagwell, in Red River county, 22 miles east of here, was completely destroyed by fire only a few buildings in the outskirts of the place being left standing. The loss will reach $100,000. ST. PETERSBURG is officially announced that the Prussian Minister in Korea has taken no official action whatever in relation to the situation there, although he does not recognize or approve of the illegal state of affairs existing. HAVANA-Advices received here from the interior of this province report the prevailence of heavy floods. The villages of Nueva Paz, San Nicholas and La Catalina are submerged and a large amount of property has been destroyed, but no loss of life is reported. Sr. Louis-Alex Brown, son of a prominent farmer, met W. L. Garrett on a lonely road this morning. and in a quarrel which ensued both men drew revolvers. Brown's gun refused to fire, and Garrett put two bullets into Brown's body and one into his horse. The latter ran home with his dying master on his back. Brown died a few minutes later. ST. LOUIs-Disastrous prairie fires have been raging in various portions of western Missousi and western Kan, sas owing to the continued drouth. ST. Louis-Thebody of Jack Hender son, a farm laborer who yesterday attempted to outrage the wife of his employer, at Vinegar Bend, was found hanging to a tree riddled with bullets. MILWAUKEE-The Wisconsin stockholders of the Standard Telephone company, which was organized with a capital of $210,000,000, and which was to revlutionize the telephone business, have demanded au accounting of the moneys subscribed by them. MaDISON, Wis.-Miss Jean Miner's heroic statue, symbolizing Wisconsin's motto, "Forward," was unveiled in the capitol park. Mrs. John Winans, of Janesville, presented the statue on behalf of the women of Wisconsin, and Gov. Upham made the speech of acceptance. WEST SUPERIOR, Wis.-There will be important developments within the next few days in the matter of retaining the La Belle Wagon Works in this city, and if T. G. Fish, who purchased the machinery of the plant from the assignee, insists upon moving it to his new works at Clinton, Iowa, an injunction already prepared will be served. WEST SUPERIOR, Wis.-Judge Vinje, of the circuit court, appointed Robert Celly as receiver of the West Superior Iron and Steel company, on application of the Central Trust comany, of New York, which holds a mortgage on the works of $1,300,000. t ASHLAND, Wis.-The state administration is after $40,000 belonging to the state of Wisconsin, and what is t worse, it does not expect to get it. W Attorney General Myrea sse d t through the city on his way to Sud perior, where he will have an intert view with various bondsmen of some S of the Superior banks that went to a the wall, in which there was deposited c some $40,000 belonging to the state of o Wisconsin in these banks. BALTIMORE, Md. - H. Gilbert, of pirit Lake, Iowa, won the Dupont sand championship for trap shooters. M Alester ("Hayward",) of Philadelpla, won second money; Wagner, of V Wshington, took third, and Coe, of Basimore, fourth. P SEVENS POINT, Wis.-In strong contrasto Lis action last Tuesday, when W Emmans Burr, president of the Com mercia bank, placed all his private S properly eyond the reach of the creditor a stockholders by mortgagthe ing it, come the announcement that va he had iledvaims against the instituB tion to the amount of $42,651 as one D of its creditor Mr. Burr gives as his no excuse for nokeeping his promise in regard to turnig over his property to the creditors tat they wouldn't prom. to ise immunity Am criminal prosecutb tion if he did so at tu PLAINFIELD, - Fully 400,000 W bushels of potato have been frozen as in the ground in is section by the , sharp frosts of the ast few nights. at BUFFALO, N. Y. The Lake Shore pi fast train arrived the from Chicago CE at 11:30:34 a. m. Ela time 8:01:07. tr Average including Stps, 63.10 miles per hour; average cluding stops 64.98 miles per hour. This beats the G world's record. at STEVENS POINT VETA