German National Bank (Newport, KY)

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Episode Information

Episode UID
272601211
Episode Type
Run → Suspension → Reopening
Bank Type
national
Bank ID
27260 national
Charter Number
2726
Start Date
November 17, 1900
Location
Newport, Kentucky (39.091, -84.496)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
2a8242e5d28d26a1

Response Measures

Accommodated withdrawals, Borrowed from banks or large institutions, Capital injected, Full suspension, Books examined

Events (4)
1. June 10, 1882 Chartered
Source
historical_nic
2. November 17, 1900 Run
Cause
Bank Specific Adverse Info
Cause Details
Large defalcation by assistant cashier Frank M. Brown (about $191,000–$201,000) triggered depositor withdrawals.
Measures
$200,000 obtained in Cincinnati to bridge over the trouble; other moneys and papers transferred from Cincinnati.
Newspaper Excerpt
During the run on the bank last Saturday $200,000 was secured in Cincinnati to
Source
newspapers
3. November 19, 1900 Suspension
Cause
Government Action
Cause Details
Closed by order of the Comptroller of the Currency and placed in charge of National Bank Examiner O. P. Tucker after discovery of a ~ $191,000 defalcation.
Newspaper Excerpt
This bank is closed by order of the comptroller of O. P. TUCKER, the currency. 'National Bank Examiner.'
Source
newspapers
4. February 4, 1901 Reopening
Newspaper Excerpt
The German National bank of Newport, Ky., which suspended November 19, resumed business to-day.
Source
newspapers

Newspaper Articles (24)
1. November 20, 1900 The Washington Weekly Post Washington, DC
Article from The Washington Weekly Post, November 20, 1900

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SYSTEM OF FALSE ENTRIES. a od Memory Saved the Cashier From Being Detected. Cincinnati, Nov. 19.-The experts who have been working to-day with Receiver Tucker on the books of the German National Bank, at Newport, Ky., place the shortage of Frank M. Brown, the missing assistant cashier and individual bookkeeper, at $191,500. According to reports from those who were with Brown when he left last Tuesday night he had less than $500 with him. Brown's salary was only $1,500 per year. Cases are now cited Where he spent more than that amount in one day. His bond was for $10,000. and It is good as l'ar as it goes. United States District Attorney Hill will arrive from Paducah to-morrow, when, it is said, criminal proceedings will be begun. The Federal detectives have certain persons under surveillance, and there are reports to-night about arrests that will follow on the arrival of District Attorney Hill. During the run on the bank last Saturday $200,000 was secured in Cincinnati to

2. November 21, 1900 Americus Times-Recorder Americus, GA
Article from Americus Times-Recorder, November 21, 1900

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DEFAULTER BROWN HAS FLED TO CANADA He Was Seen and Recognized at Fort Wayne. BANK TO BE REORGANIZED Stockholders to Be Assessed and Business Resumed-Receiver Opens the Bank to Collect Debts and Inspect Depositors' Checkbooks. FORT WAYNE, Nov. 20.-Frank M. Brown, late assistant cashier of the German National bank of Newport, Ky., whose defalcations of nearly $200,000 caused his flight on Tuesday last, week, is now in Canada. He was seen and recognized in Fort Wayne yesterday by Fred J. Stone, an intimate acquaintance, and the latter last night stated that at 9:30 o'clock Brown was in the Dominion of Canada. He had been in St. Louis, where he was reported on his way to South America, but he changed his direction and came through Illinois and Indiana and thence to Canada.

3. November 21, 1900 Decorah Public Opinion Decorah, IA
Article from Decorah Public Opinion, November 21, 1900

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Bank at Newport, Ky., Closed. Cincinnati, Nov. 19.-"This bank is closed by order of the comptroller of O. P. TUCKER, the currency. "National Bank Examiner." This was the notice placed on the doors of the stately building of the German National bank of Newport, Ky., before the time for opening. The salient facts of the cause of the notice had been known since Sunday morning and, therefore, there were none of the usual scenes accompanying a run on the bank by depositors. The alleged defalcation of Assistant Cashier Frank M. Brown to the amount of about $200,000 was a fact so overwhelming that no depositor was foolish enough to suppose that any good could be accomplished by attempting to get money from the bank at present.

4. November 22, 1900 The Butler Weekly Times Butler, MO
Article from The Butler Weekly Times, November 22, 1900

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STOLE THE BANK INTO RUIN. A Newport, Ky., Concern With $100,000 Capital Robbed of $195,000. Newport, Ky., Nov. 19.-The German National bank of this city was closed to-day by order of the comptroller of the currency. Mr. Dawes has appointed Oliver P. Tucker, national bank examiner, temporary receiver. Mr. Tucker telegraphed the comptroller that he had taken charge owing to the discovery of a defalcation amounting to about $195,000. Thereuponthecomptroller appointed him temporary receiver. Mr. Tucker took possession of the German National bank yesterday and annonneed unofficially that Frank M. Brown, the assistant cashier, was missing and that a partial investigation showed Brown's

5. November 23, 1900 The Colfax Gazette Colfax, WA
Article from The Colfax Gazette, November 23, 1900

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same hands during the coming administration. The annual report of United States Commissioner of Fish and Fisheries George M. Bowers says the total number of fish distributed by the government in the past fiscal year was 1,164,336,754 an increase principally of shad, cod, flatfish, whitefish and lake trout of about 100,000,000 over the previous year The opinion is growing among pubile men who are in the confidence of the president that he will oppose any movement looking to a reduction of the congressional representation of the southern states on account of charges of the disfranchisement of colored voters. The president is said to be opposed to reviving ill feeling, which he thinks would be the result of a bill thus touching the south's suffrage. Saturday, November 17. It is reported that Senator Spooner of Wisconsin will succeed Attorney General Griggs, who will retire from the cabinet at the end of President McKinley's preseat term. The New York clearinghouse made an unexpected good showing for the week ending November 17, cash increases having surpassed all expectations. The gain footed up $5,208,300, divided almost equally between legal tenders and specie. The increase was due for the most part to operations with the treasury, although it is known that New York gained appreciably during the week from the interior. Then, too, a portion of belated gold imports figured in the reserve item. Three cowboys-John and Albert Berdice and Tobias Berner-fought a duel in the mountains near Otto, Wyo. Three horses were killed and the Berdices were both wounded. John was shot in the arm and Albert in the stomach. It is alleged the two families have been at war for some time, and further trouble will probably ensue. A United States surveying corps found over a hundred dead bodies in a swamp just west of Galveston, Texas, on the island where they had been deposited by the storm of September 8. The unburied dead were in an out of the way place near the county road and had not been diecovered by the burying parties sent out after the storm. The annual report of the commissioner of internal revenue for the fiscal year ending June 30, 1900, shows a collection exceeded by only one in the history of the bureau. The receipts, 293,163,197, being $10,316,107 in excess of the esti mated amount and $21,831,534 more than during the previous year. The percentage of cost of collection was 1.58, as against 1.68 for last year, being the smallest in the history of the internal revenue service. Sunday, November 18. Chae. R. Holmes of San Francisco wedded Miss Hattie Norton at Windsor, Oatario. At Detroit she drew $700 from bank at her husband's request and he disappeared with it. They met through agency of a matrimonial bureau. Coroner's jury at Limon, Col., found that John Porter. the negro burned at the stake by a mob for assault upon and murder of 11-year-old Louise Frost, came to his death at hands unknown, though there was no secrecy among the 300 who did it. Frank M. Brown, assistant cashier of the German National Bank of Newport, Ky., disappeared $201,000 short. The bank is wrecked. He led a fast life with wine and women. In the burning of the McGonigal house at Oswayo, Pa., four men perished. After a 35,000 mile trip through Siberia, Russia and Europe,W. M. Banker, commissioner of foreign commerce of the San Francisco chamber of commerce, saye: "The transsiberian railroad has given this country a large market for foodstuffs and other supplies, and this market will keep pace with the increasAl ing colonization of eastern Siberia. though the railroad has been running as far as Irkutsk for two years, the countries of Europe, aside from Russia, have not benefited by the new transportation facilities. At the same time the RussianAsiatic trade of the United States has steadily increased. Americans and American products are popular with the Russians and Siberians. Americans are almost invariably given the preference in trade affairs As far as I can see the Pacific coast is destined to be the biggest debeneficiary of Siberian industrial velopment.' At Joliet, Ill., the billet mill and converter of the Illinois steel works resumed operations after a three weeks shutdown. About 1000 men are affected. Monday, November 19. In court at Van Wert, Ohio, Judge Mooney refused to quash an indietment against Mrs. Van Liew, charged with throwing vitriol in the face of Miss Alice Hammel, from effects of which the giri died. Mrs. Van Liew is the wife of a prominent banker, and has been in jail since her arrest two months ago. Heavy rains have flooded the country along Salt river, Arizona, causing much Pima damage to irrigating canals. At half the town is under water. Rev. D. N. Stewart, pastor of the Baptist church at Wyoming, Pa., is under arrest on a charge of poisoning his wife of three months He also failed to account for church money. At Milwaukee, Wie., the E. P. Alis Co. owning the Reliance Iron works, anpounced a reduction in the working time of its 200 employes from ten to nine hours a day. The wages will be slightly reduced. A $5000 package of money, shipped from Sheldon to Sioux City, Iowa, disappeared. Senator Pritchard of North Carolina if the count had been fair in that ried state says the republicans would have car-

6. November 23, 1900 The Wisconsin Tobacco Reporter Edgerton, WI
Article from The Wisconsin Tobacco Reporter, November 23, 1900

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Bank at Newport, Ky., Closed. Cincinnati, Nov. 20.-"This bank is closed by order of the comptroller of O. P. TUCKER, the currency. "National Bank Examiner." This was the notice placed on the doors of the stately building of the German National bank of Newport, Ky., before the time for opening. The salient facts of the cause of the notice had been known since Sunday morning and, therefore, there were none of the usual scenes accompanying a run on the bank by depositors. The alleged defalcation of Assistant Cashier Frank M. Brown to the amount of about $200,000 was a fact so overwhelming that no depositor was foolish enough to suppose that any good could be accomplished by attempting to get money from the bank at present.

7. November 23, 1900 The Hickman Courier Hickman, KY
Article from The Hickman Courier, November 23, 1900

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PECULATED $191,500. Assistant Cashier Brown, of a Newport Bank, a Defaulter. Made Two Entries in His Books, One in Ink, Another in Crayon-Gambling and Women the Cause of His Downfall. Newport, Ky., Nov. 20.-The late assistant cashier of the German National bank, of this city, stole from the bank $191,500 in 18 months time, and is now being sought by the detectives. He left Cincinnati last week with about $500 in his pockets, and is now thought to be on the high seas bound for South America. Brown spent the bank's money on women, horses and cards, and his stealings amounted to more than the bank's capital and surplus. A United States bank examiner is in charge of the German National, and several thousand depositors are now clamoring in vain for their money. Brown was one of the bestknown men in Newport. His father is Paris C. Brown, the wealthy riverman, honorary member of change, a former director of the bank and well known in connection with many Cincinnati and Kentucky business enterprises. About 18 years ago Frank M. Brown entered the bank as a clerk. He paid attention to his work and gradually rose to be bookkeeper and later as. sistant cashier, having charge of the individual ledger. For several years his salary has been $1,500. Eight years ago, as far as known, he did his first gambling. His companions were men of the world, who knew how to spend, and he was ambitious. He east about for ways to increase his bank roll. He studied conditions carefully, and concluded to take a whirl at Latonia. A few of his friends went in with him, and they engineered a deal on Lady Cartwright, one of the speedy sprinters entered in the races. The good thing "went through" all right, and Brown cleaned up $4,000 for himself. A little later he worked Abuse, another racer, through the Oakley foreign book for between $8,000 and $9,000. The winnings were supposed to go to the agent of an eastern gambler, but in reality they went into the pockets of the Newport bank em ploye. After that he was a familiar fig. ure at the tracks, and his money "flew." No race was too poor and no odds too short for his money. From fast horses to women he found a narrow step. He did the thing up in prodigal fashion. too. At one time he had three establishments running at the same time in Cincinnati. He was a rounder, and was known in all the resorts of Cincinnati, He was a favorite with the women of the half-world. for though he only drank moderately, he spent his money freely on women. Brown will go down in history as a wonder among bank looters. His scheme worked on a hair trigger. He had an individual book on which he recorded deposits as they came in This book he posted with the general bookkeeper at the end of each day. If a person, for example, deposited $1,500 and another $2,500 at Brown's window, Brown entered the amounts correctly in ink opposite the depositor's name. Maybe be wanted. to hold out $1,000 from the first and $1,500 from the second deposit. He would mark down the remainder in crayon just above the amount as recorded in ink. Lt was the sum in peneil that he read to the general bookkeeper. But when he "read back;" that is, when he wanted to know what the real deposit was and when he had to work on that he read the record in ink. Ft. Wayne, Ind., Nov. 20.-Frank Brown, the defaulting eashier from Newport, is in Canada. This information comes from Fred J. Stone, of Cincinnati, a traveling man who is an intimate friend of Brown. Mr. Stone is at the New Avaline hotel, arriving Monday evening. A newspaper correspondent succeeded in locating Stone through the medium of a conversation he had had with guests in the hotel, in which he mentioned having known Brown intimately. Mr. Stone had retired and declined to be seen, but finaMy consented to receive Police Superintend ent Homer Gorsline, and to him stated that Brown was in Canada. He said it was true that Brown, after leaving Newport, had fled to St. Louis, and there parted with his mustache and made other changes in his personal appearance which rendered him unreconizable, even to his closest friend. He then left St. Louis, and, doubung back on his tracks, traveled through Indiana and left Winehester on the Big Four Monday

8. November 24, 1900 The Washburn Leader Washburn, ND
Article from The Washburn Leader, November 24, 1900

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BANK IS OUT $191,500. Experts Estimate the Amount of Brown's Shortage. Cincinnati, Nov. 21: - The experts who have been working with Receiver Tucker on the books of the German National bank at Newport, Ky., estimate the alleged shortage of Frank M. Brown, the missing assistant cashier and individual bookkeeper, at $191,500. According to reports from persons who were with Brown when he left last Tuesday night he had less than $500 with him. Brown's salary was only $1,500 a year. His bond for $10,000 is good. United States District Attorney Hill will take charge of the case. It is expected he will cause several arrests. During the run on the bank last Saturday $200,000 was obtained in Cincinnati to bridge over the trouble. This was returned and Receiver Tucker had other moneys and papers also transferred from Cincinnati.

9. November 24, 1900 The Sun Wilmington, DE
Article from The Sun, November 24, 1900

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The Newport Bank Failure. Washington, Nov. 23.-The comptroller of the currency has been informed by National Bank Examiner Tucker. temporary receiver of the German National bank of Newport, Ky., that an effort is being made by the directors and stockholders of the bank to restore the bank to solvency.

10. November 24, 1900 The Age-Herald Birmingham, AL
Article from The Age-Herald, November 24, 1900

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To Restore Newport Bank. Washington, November 23. - The comptroller of the currency has been informed by National Bank Examiner Tucker, temporary receiver of the German National Bank of Newport, Ky., that an effort is being made by the directors and stockholders of the bank to restore the bank to solvency. 151

11. November 24, 1900 Evening Star Washington, DC
Article from Evening Star, November 24, 1900

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Trying to Save the Bank. The controller of the currency has been informed by National Bank Examiner Tucker, temporary receiver of the German National Bank of Newport, Ky., that an effort is being made by the directors and stockholders of the bank to restore the bank to solvency.

12. November 27, 1900 Evening Star Washington, DC
Article from Evening Star, November 27, 1900

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Condition of the Newport Bank. O. P. Tucker, receiver of the German National Bank of Newport, Ky., today sent his report of the condition of the bank to the controller of the currency. There is at the present time cash and remaining assets on hand sufficient, to realize to the depositors something over 90 per cent of their claims. The general condition of the assets is found to be good. The amount of the lefalcation as given by the examiner agrees with his first estimate, about $191,000. Efforts are being made on the part of the stockholders and directors of the bank to restore the bank to solvency in view of the comparatively small amount necessary to be raised to make the claims of the deposit rs good. The conditions of resumption will be fixed by the controller today or tomorrow.

13. November 27, 1900 Wausau Pilot Wausau, WI
Article from Wausau Pilot, November 27, 1900

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CLOSED BY MR. DAWES. Newport, Ky., Bank in Hands of Examiner Tucker. The German National Bank of Newport, Ky., has been closed by order of the Comptroller of the Currency, and Bank Examiner Tucker placed in charge as temporary receiver. Twice the amount of its capital stock is missing from the vaults of the bank as a result of the operations of Frank M. Brown, the individual bookkeeper and assistant cashier, who is missing. Mr. Tucker made the unofficial announe ment that Brown is short about $201,000. Brown had been with the bank eighteen years, and it is stated by the experts that his operations extended back as far as ten years. For two weeks there have been rumors that Brown was short, and some depositors withdrew their accounts. Three weeks ago the bank examiners made as. good statement for the bank and the oillcers and directors allayed suspicion by referring to the report of this examination and to their last statement. The wildest scenes were witnessed in Newport when the notice was posted. The officers of the German National Bank are all wealthy and responsible men, and they will be able to make the losses good.

14. November 28, 1900 New-York Tribune New York, NY
Article from New-York Tribune, November 28, 1900

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MAY REOPEN NEWPORT. KY., BANK. Washington, Nov. 27.-C. P. Tucker. receiver of the German National Bank, of Newport. Ky., has sent his report of the condition of the bank to the Controller of the Currency. It appears that there is at the present time cash and remaining assets on hand sufficient to realize to the depositors something over 90 per cent of their claims. The general condition of the assets is found to be good. The amount of the defalcation as given by the examiner agrees with his first estimate of the same, $191,000. Efforts are being made on the part of the holders and directors of the bank to restore stockbank to solvency in view of the comparatively the of amount the necessary to be raised to make the claims small tion depositors good. The conditions of resumpwill be fixed by the Controller.

15. November 28, 1900 Watertown Republican Watertown, WI
Article from Watertown Republican, November 28, 1900

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Trying to Save the Bank. Washington, Nov. 24.-The comptroller of the currency has informed National Bank Examiner Tucker, temporary receiver of the German national bank of Newport, Ky., that an effort is being made by the directors and stockholders of the bank to restore the bank to solvency.

16. November 28, 1900 Vernon County Censor Viroqua, WI
Article from Vernon County Censor, November 28, 1900

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CLOSED BY MR. DAWES. Newport, Ky., Bank in Hands of EX aminer Tucker. The German National Bank of Newport, Ky, has been closed by order of the Comptroller of the Currency, and Bank Examiner Tucker placed in charge as temp orary receiver. Twice the amount of its capital stock is missing from the vaults of the bank as a result of the operations of Frank M. Brown, the individual bookkeeper and assistant cashier, who is missing. Mr. Tucker made the unofficial announcement that Brown is short about $201,000. Brown had been with the bank eighteen years, and it is stated by the experts that his operations extended back as far as ten years. For two weeks there have been rumors that Brown was short, and some deposItors withdrew their accounts. Three weeks ago the bank examiners made a good statement for the bank and the officers and directors allayed suspicion by referring to the report of this examination and to their last statement. The wildest scenes were witnessed in Newport when the notice was posted. The officers of the German National Bank are all wealthy and responsible men, and they will be able to make the losses good.

17. November 30, 1900 Hot Springs Weekly Star Hot Springs, SD
Article from Hot Springs Weekly Star, November 30, 1900

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CLOSED BY MR. DAWES. Newport, Ky., Bank in Hands of Examiner Tucker. The German National Bank of Newport, Ky., has been closed by order of the Comptroller of the Currency, and Bank Examiner Tucker placed in charge as temporary receiver. Twice the amount of its capital stock is missing from the vaults of the bank as a result of the operations of Frank M. Brown, the individual bookkeeper and assistant cashier, who is missing. Mr. Tucker made the unofficial announcement that Brown is short about $201,000. Brown had been with the bank eighteen years, and it is stated by the experts that his operations extended back as far as ten years. For two weeks there have been rumors that Brown was short, and some depositors withdrew their accounts. Three weeks ago the bank examiners made a good statement for the bank and the officers and directors allayed suspicion by referring to the report of this examination and to their last statement. The wildest scenes were witnessed in Newport when the notice was posted. The officers of the German National Bank are all wealthy and responsible men, and they will be able to make the Icsses good.

18. December 1, 1900 The L'anse Sentinel L'anse, MI
Article from The L'anse Sentinel, December 1, 1900

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Trying to Save the Bank. Washington, Nov. 24.-The comptroller of the currency has informed National Bank Examiner Tucker, temporary receiver of the German national bank of Newport, Ky., that an effort is being made by the directors and stockholders of the bank to restore the bank to solvency.

19. January 4, 1901 The Jasper Weekly Courier Jasper, IN
Article from The Jasper Weekly Courier, January 4, 1901

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BUSINESS FAILURES. Jan. 3-Wabasha. Minn., People's bank. 6-Rahway. N. J., Union county bank.... New York, Hulbert H. Warner, patent medicine mant.: $2,319,027. Piankington. S. D., State bank. 17-Chiengo, Francis P. Owings, real estate: $5,364,977. Feb. 7-New Bedford, Mass., Henry E. Holcomb. mant: $1,361,438.... Boston, Miner, Beal & Co., clothing firm, $450,000. 26-United States milling combine (flour trust); $15,000,000. Mar. 3-Port Jarvis (N. Y.) Nat. bank resumes; had suspended payment in December. 6-J. F. Seiberling. formerly manufacturer at Akron, O., files bankruptcy petition; $800,000. assets, $30. 19-John Kehoe, builder of New York, files bankruptcy petition: $1,520,085; no assets. 22-D. Appleton & Co., New York, publishCTS: $3,000,000. 26-Rutland, Vt., Merchanis' Nat. bank.... Keene, N. H., Five Cent savings bank for $1.449,058; and Guarantee savings bank for $718,873. Apr. 3-Cambridge (Neb.) State bank; $40,000. 10-Columbus, O., Reinhard & Co.'s bank; $140,000. 12-Yates Center. Kan., Citizens' state bank. 27-Anolph Landauer, dry goods dealer of Milwaukee: $391,945.31. May 11-Frank L. Fuller's private banks at Rockford and Cedar Springs, Mich. 21-Pentwater, Mich., Neilson & Co.'s bank. 26-Price, McCormick & Co., of New York, cotton brokers and shippers; $13,000,000. 28-Seymour, Johnson & Co., stock and cotton brokers of New York; $500,000. Jun. 5-W. C. Shields' bank at Mulberry Grove, III. 15-McNair & Alexander, cattlemen at Ashland. Kan.; $542,000. Aug. 13-Henry J. Neill. the "barley king," files petition in bankruptcy; $500,000.... Kingfisher (Col.) bank: $61,000. 17-Somerset (Ky.) Nat. bank. Sep. 6-Lamont (III.) state bank; $12,000. 7-Fifth Avenue Savings & Loan Ass'n., of McKeesport, Pa.; $500,000. 18-Hatch & Foote, New York brokers: $2,000,000. 19-South Danvers Nat. bank, at Peabody, Mass. Nov. 17-German Nat. bank. at Newport, Ky. Dec. 12-Bank at Brillion, Wis. 13-Order of Chosen Friends, large fraternal insurance association.

20. January 8, 1901 The Bourbon News Paris, KY
Article from The Bourbon News, January 8, 1901

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BUSINESS FAILURES. Jan. 3--Wabasha, Minn., People's bank. 6-Rahway, N. J., Union county bank.... New York. Hulbert H. Warner, patent medicine manf.: $2,319,027. 9-Plankinton, S. D., State bank. 17-Chicago, Francis P. Owings, real estate; $5,364,977. Feb. 7-New Bedford, Mass., Henry E. Holcomb, manf.; $1,351,438 Boston, Miner, Beal & Co., clothing firm, $450,000. 26-United States milling combine (flour trust); $15,000,000. Mar. 3-Port Jervis (N. Y.) Nat. bank resumes: had suspended payment in December. 5-J. F. Seiberling, formerly manufacturer at Akron, O., files bankruptcy petition; $800,000, assets, $30. 19-John Kehoe, builder of New York, files bankruptcy petition; $1,520,085; no assets. 22-D. Appleton & Co., New York, publishers; $3,000,000. 26-Rutland, Vt., Merchants' Nat. bank.... Keene, N. H., Five Cent savings bank for $1,449,058; $718,873. and Guarantee savings bank for Apr. 000. 3-Cambridge (Neb.) State bank; $40,10-Columbus, $140,000. O., Reinhard & Co.'s bank; 12-Vates Center, Kan., Citizens' state bank. 27-Anolph® Landauer, dry goods dealer of Milwaukee; $391,945.31. May 11-Frank L. Fuller's private banks at Rockford and Cedar Springs, Mich. 21-Pentwater, Mich., Neilson & Co.'s bank. 26-Price, McCormick & Co., of New York, cotton brokers and shippers; $13,000,000. 28-Seymour, Johnson & Co., stock and cotton brokers of New York; $500,000. Jun. 5-W. C. Shields' bank at Mulberry Grove, Ill. 15-McNair & Alexander, cattlemen at Ashland, Kan.; $542,000. Aug. 13-Henry J. 0 Neill, the "barley king." files petition in bankruptcy; $500,000.... Kingfisher (Col.) bank: $61,000. 17-Somerset (Ky.) Nat. bank. Sep. 6-Lamont (Ill.) state bank: $12,000. 7-Fifth Avenue Savings & Loan Ass'n., of McKeesport, Pa.; $500,000. 18-Hatch 000,000. & Foote, New York brokers; $2,19-South Mass. Danvers Nat. bank. at Peabody, Nov. 17-German Nat. bank, at Newport, Ky. Dec. 12-Bank at Brillion, Wis. 13-Order of Chosen Friends, large fraternal insurance association. 21-American nat. bank of Balvimore, Md. 25-Isaac Robinson, at Balkimore, Md., manufacturer: $800,000.

21. January 9, 1901 Willmar Tribune Willmar, MN
Article from Willmar Tribune, January 9, 1901

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BUSINESS FAILURES. Jan. 3—Wabasha, Minn., People's bank. 6—Rahway, N. J., Union county bank.... New York, Hulbert H. Warner, patent medicine manf.; $2,319,027. 9—Plankinton, S. D., State bank. 17—Chicago, Francis P. Owings, real estate; $5,364,977. Feb. 7—New Bedford, Mass., Henry E. Holcomb, manf.; $1,351,438....Boston, Miner, Beal & Co., clothing firm, $450,000. 26—United States milling combine (flour trust); $15,000,000. Mar. 3—Port Jervis (N. Y.) Nat. bank resumes; had suspended payment in December. 5—J. F. Seiberling, formerly manufacturer at Akron, O., files bankruptcy petition; $800,000, assets, $30. 19—John Kehoe, builder of New York, files bankruptcy petition; $1,520,085; no assets. 22—D. Appleton & Co., New York, publishers; $3,000,000. 26—Rutland, Vt., Merchants' Nat. bank.... Keene, N. H., Five Cent savings bank for $1,449,058; and Guarantee savings bank for $718,873. Apr. 3—Cambridge (Neb.) State bank; $40,000. 12—Yates Center, Kan., Citizens' state bank. 27—Adolph Landauer, dry goods dealer of Milwaukee; $391,945.31. May 11—Frank L. Fuller's private banks at Rockford and Cedar Springs, Mich. 21—Pentwater, Mich., Neilson & Co.'s bank. 26—Price, McCormick & Co., of New York, cotton brokers and shippers; $13,000,000. 28—Seymour, Johnson & Co., stock and cotton brokers of New York; $500,000. Jun. 5—W. C. Shields' bank at Mulberry Grove, Ill. 15—McNair & Alexander, cattlemen at Ashland, Kan.; $542,000. Aug. 13—Henry J. O'Neill, the "barley king," files petition in bankruptcy; $500,000.... Kingfisher (Col.) bank; $61,000. 17—Somerset (Ky.) Nat. bank. Sep. 6—Lamont (Ill.) state bank; $12,000. 7—Fifth Avenue Savings & Loan Ass'n., of McKeesport, Pa.; $500,000. 18—Hatch & Foote, New York brokers; $2,000,000. 19—South Danvers Nat. bank, at Peabody, Mass. Nov. 17—German Nat. bank, at Newport, Ky. Dec. 12—Bank at Brillion, Wis. 13—Order of Chosen Friends, large fraternal insurance association. 21—American nat. bank of Baltimore, Md. 25—Isaac Robinson, at Baltimore, Md., manufacturer; $800,000.

22. January 11, 1901 The Morris County Chronicle Morristown, NJ
Article from The Morris County Chronicle, January 11, 1901

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FINANCIAL TROUBLES. MAY. 24. Failure of Price, McCormick & Co., brokers, in New York; liabilities, $13,000,000. NOVEMBER. 13. W. L. Strong & Co., wholesale dry goods house in New York, went into the hands of a receiver; liabilities estimated at over $1,000,000 by the firm, by others $4,000,000 to $6,000,000. Grant Bros., stockbrokers in New York, failed, with liabilities placed at $200,000. 19. The German National bank of Newport, Ky., closed by the comptroller of the currency. A. C. Hooper & Co., stockbrokers in New York, failed, with liabilities of $400,000. 20. The Pioneer Silk Co. of Paterson, N. J., failed, with liabilities of $500,000. 22. Chester B. Lawrence, Jr., New York stockbroker, failed, with liabilities placed at $200,000.

23. February 5, 1901 Wheeling Register Wheeling, WV
Article from Wheeling Register, February 5, 1901

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THE NEWS IN BRIEF. Resumed Business WASHINGTON, February 4.-The National German Bank, of Newport, Ky., which suspended November 19, resumed business to-day.

24. February 5, 1901 Omaha Daily Bee Omaha, NE
Article from Omaha Daily Bee, February 5, 1901

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Newport Bank Resumes. WASHINGTON, Feb. 4.-The German National bank of Newport, Ky., which suspended payment and was placed in the hands of a receiver November 19, 1900, having complied with the conditions imposed by the comptroller of the currency and its capital stock now being unimpaired, today was permitted to resume business as an active national banking association.