289201161 28920
national
8795528b04bbf66dFull suspension
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A WESTERN NEW-YORK BANK SUSPENDS. Springville, N. Y., Sept. 26.-The First National Bank at this place was obliged to close temporarily this morning. The suspension was due to a run and the inability of the bank readily to convert securities into cash to meet the demand. The bank is one of the most substantial in Western New-York and is considered solvent.
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Bank Closed Temporarily. Springville, N. Y., Sept. 27.-The First National bank at this place was obliged to close temporarily yesterday. The cause of the suspension was due to a run and the inability of the bank readily to convert securities into cash to meet the demand. The bank is considered solvent. The champion Baltimore team will play the Scranton club this afternoon * at Athletic Park at 3 o'clock.
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Slow Collections. Springville, N. Y., Sept. 28.-There was a run on the First National bank Saturday, which compelled the officers to close the doors. The cause was given that the bank was not able to collect money fast enough to meet the demand. It is expected that the depositors will be paid in full. The capital of the bank was $50,000.
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Receiver for New York Bank. Comptroller Eckels today appointed W. A. Douglass, of Buffalo, N. Y., receiver of the First National Bank of Springville, N. Y., recently failed
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A Michigan Bank Suspends. Washington, Oct. 5.-The comptroller of the currency has received a telegram announcing the failure of the First National bank of Mount Pleasant, Mich. It is reported that the bank owes depositors $67,000. The comptroller has expressed the opinion that the suspension is due to general incompetency in the management and inability to collect assets. The comptroller has appointed William A. Douglass, of Buffalo, receiver of the First National bank of Springville, N, Y.
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Bank Failures. WASHINGTON, Oct. 5.-The comptroller or currency DBB received a tele. gram announcing the failure of the First National bank of Mount Pleasant, Mich. At the date of its last report the bank owed the depositors $67,000. The comptroller expressed the opinion that it was due to the Incompetency 01 the management and inability to collectthe assets. The comptroller has appointed Wm. A. Douglas of Buffalo, N. Y. receiver of the First National bank of Springville, N. Y.
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assigned; aggregate liabilities, nearly 000. The Chicago Consolidated Iron and Steel Co. assigned; liabilities, about $800,000. 8. Hilton, Hughes & Co., successors to A. T, Stewart & Co., New York. made a general assignment and closed business; liabilities over $1,000,000. C1. The Kings County Elevated Railway Co. of Brooklyn placed in hands of a receiver. SEPTEMBER. 4. The First National bank of Helena, Mon., failed, with heavy liabilities. 26. The First National bank of Springville, N. Y., suspended. Wolf Bros. dry goods establishment in Lit$500,000. tle Reck closed by attachments; liabilities, OCTOBER. 6. The Car and Lumber Co. of Tyler, Tex., failed: liabilities, $250,000. John Maclean & Co., wholesale millinery, failed in Montreal; liabilities, $175,000. B. L. Price & Co., clothing manufacturers, failed; liabilities, $125,000. 7. The failed. First National bank of Ithaca, Mich., 14. The Marine National bank of Duluth failed. 15. The Bank of Commerce of Buffalo closed its doors. 16. Merchants' National bank of Atlanta failed. 19. .The Western New York Preserving Co., at Buffalo, seized by the sheriff for debt; 11abilities, $167,323. Charles Bortrand & Co., merchants, of Isle 000. Verte, Que., failed. with liabilities of $285,29. The Mecosta County Savings bank, at Big Rapids, Mich., suspended. NOVEMBER, 20. The failed. First National bank of Sioux City, Ia., 23. The Dakota National bank of Sioux Falls failed. SO. The Missouri National bank. at Kansas City, passed into the hands of the comptroller of the currency. The failed. First National bank of Tyler, Tex., DECEMBER. 1. Gage & Felton, bankers and brokers, failed in Boston.
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assigned; aggregate liabilities, nearly $500,000. The Chicago Consolidated Iron and Steel Co. assigned; liabilities, about $300,000. B. Hilton, Hughes & Co., successors to A. T. Stewart & Co., New York, made a general assignment and closed business; liabilities over $1,000,000. 31. The Kings County Elevated Railway Co. of Brooklyn placed in hands of a receiver. SEPTEMBER. 4. The First National bank of Helena, Mon., failed, with heavy liabilities. 26. The First National bank of Springville, N. Y., suspended. Wolf Bros.' dry goods establishment in Little Rock closed by attachments; liabilities, $500,000. OCTOBER. 6. The Car and Lumber Co. of Tyler, Tex., failed; liabilities, $250,000. John Maclean & Co., wholesale millinery, failed in Montreal; liabilities, $175,000. B. L. Price & Co., clothing manufacturers, failed; liabilities, $125,000. 7. The First National bank of Ithaca, Mich., failed. 14. The Marine National bank of Duluth failed. 15. The Bank of Commerce of Buffalo closed its doors. 16. Merchants' National bank of Atlanta failed. 19. The Western New York Preserving Co., at Buffalo, seized by the sheriff for debt; 11abilities, $167,323. Charles Bertrand & Co., merchants, of Isle Verte, Que., failed, with liabilities of $235,000. 29. The Mecosta County Savings bank, at Big Rapids, Mich., suspended. NOVEMBER. 20. The First National bank of Sioux City, Ia., failed. 23. The Dakota National bank of Sioux Falls failed. 30. The Missouri National bank, at Kansas City, passed into the hands of the comptroller of the currency. The First National bank of Tyler, Tex., failed. DECEMBER. 1. Gage & Felton, bankers and brokers, failed in Boston.
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BUSINESS TROUBLES. Firms and Corporations Which Succumbed to the Financial Stress of the Period. MARCH. 6. Dan Taimage's Sons, rice dealers, failed in New York city. AUGUST. 4. Moore Bros., speculators, suspended in Chicago. 7. C.H. Fargo & Co., wholesale boot and shoe firm, assigned in Chicago: liabilities, $300, 000. 11. Security bank of Duluth closed its doors. The Murray Hill bank, one of the oldest state banks of New York city, closed its doors; deposits, $1,250,000. 15. George O'Berne & Co., leather dealers; II. M. Hosick, wool dealer, and the Chicago and Western Sonp works, three Chicago firms having close financial connections, assigned: aggregate liabilities, nearly $500,000. The Chicago Consolidated Iron and Steel Co. assigned; liabilities, about $300,000. 26. Hilton, Hughes & Co., successors to A. T. Stewart & Co., New York. made a general assignment and closed business; liabilities over $1,00 000. 31. The King County Elevated Railway Co. of Brooklyn laced in hands of a receiver. SEPTEMBER. 4. The First National bank of Helena, Mon., failed, with heavy liabilities. 26. The First National bank of Springville, N. Y., suspended. Wolf Bros. dry goods establishment in Little Rock closed by attachments; liabilities, $500,000. OCTOBER. 6. The Car and Lumber Co. of Tyler, Tex., failed; liabilities, $250,000. John Maclean & Co., wholesale millinery, failed in Montreal; liabilities, $175,000. B. L. Price & Co., clothing manufacturers, failed; liabilities, $125,000. 7. The First National bank of Ithaca, Mich., failed. 14. The Marine National bank of Duluth failed. 15. The Bank of Commerce of Buffalo closed its doors. 16. Merchants' National bank of Atlanta failed. 19. The Western New York Preserving Co., at Buffalo, seized by the sheriff for debt; liabilities, $107,323. Charles Bertrand & Co., merchants, of Isle Verte, Que., failed, with liabilities of $235,000. 29. The Mecosta County Savings bank, at Big Rapids, Mich., suspended. NOVEMBER. 20. The First National bank of Sioux City, Ia., failed. 23. The Dakota National bank of Sioux Falls failed. 30. The Missouri National bank, at Kansas City, passed into the hands of the comptroller of the currency. The First National bank of Tyler, Tex., failed. DECEMBER. 1. Gage & Felton, bankers and brokers, failed in Boston.
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Bank President Arrested. Buffalo, N. Y., April 6.-W. O. Leland, president of the First National bank of Springville, was arrested Monday under an indictment found in the United States court at Utica, charging him with wrecking the bank. He was subsequently admitted to bail in $10,000. The Springville bank is in a bad condition. The depositors have claims for $175,000; the receiver has about $50,000.
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Arrested for Bank wreeking. Buffalo, N. Y., April 6.-W. O. Leland, president of the First National bank, of Springville, was arrested yesterday under an indictment found in the United States court at Utica, charging him with wrecking the bank. He was subsequently admitted to ball in $10,000. The Springville bank is in bad condition. The depositors have claims for $175,000, and the receiver has only about $50,000. The depositors will be lucky if they get more than a third of their deposits.
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Arrested for Bank Wrecking. Buffalo, N. Y., April 6.-W. O. Leland. president of the First National bank. of Springville, was arrested yesterday under an indictment found in the United States court at Utica, charging him with wrecking the bank. He was subsequently admitted to bail in $10,000. The Springville bank is in bad condition. The depositors have claims for $175,000, and the receiver has only about $50,000. The depositors will be lucky if they get more than a third of their deposits.
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THE NEWS IN BRIEF. The sweetheart of J. A. Jenkins, a young merchant at Savannah, Mo., died of measles. He almost went mad, and, after a long spell of weeping, shot himself through the heart. Ira F. Hendricks, receiver of the First National bank of Griswold, Ia., has filed petitions in the United States circuit court against the president of the bank, Thomas H. Brown, and his brother, T. P. Brown. Attachments have been issued against their property. The committee of the Pennsylvania senate has set $550,000 as the limit of cost of the new state capitol. Executions aggregating $31,000 were issued against W. C. Bernardi, proprietor of the largest dry goods and general store on the south side in Pittsburg. The city council of Des Moines, Ia., directed a committee of three to draft articles of impeachment against Police Judge Frank Phillips. He was found by experts to have failed to turn over $1,300 in fines. After the report he turned in the money. Eli Albertson, one of the oldest merchants in Hannibal, Mo., executed a deed of trust for the benefit of his creditors. Albertson claims that his assets will exceed his liabilities. Richard H. Clark, formerly of Atlanta, a son of the late Judge Richard Clark, was shot and killed by Joe Brown Irby. Clark went to Irby's home with the intention of killing him. But four counties in the state of Iowa are without creameries. The Iowa dairy interests have been developed into one of the most important subsidiary branches of its agricultural pursuits. Wheat grown in the north of France has from 11 to 26 per cent. less nitrogen eous elements in it than that raised there fifty years ago. W. O. Leland, president of the Firs S National bank of Springville, N. Y., wa arrested under an indictment found i) I the United States court at Utica charg S ing him with wrecking the bank. H was subsequently admitted to bail i $10,000. e The Ohio Torrens real estate law is a length to be argued before the suprem court of the state on April 16.
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Arrested for Bank Wrecking. BUFFALO, April 7. - -W. O. Leland, president of the First National bank of Springville was arrested under an indictment found in the United States court at Utica, charging him with wrecking the bank. He was subsequently admitted to bail in $10,000. The Springville bank is in a bad condition. The depositors have claims for $175,000; the receiver has about $50,000.
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Bank President Arrested. BUFFALO, N.Y., April 6.-W. O. Leland, president of the First national bank of Springville, was arrested under an indictment charging him with wrecking the bank. The Springville bank is in a bad condition. The depositors have claims for $175,000; the receiver has about $50,000.
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Arrested for Bank Wrecking. BUFFALO, April 7. - -W. O. Leland, president of the First National bank of Springville was arrested under an indictment found in the United States court at Utica, charging him with wrecking the bank. He was subsequently admitted to bail in $10,000. The Springville bank is in a bad condition. The depositors have claims for $175,000; the receiver has about $50,000.
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Arrested for Bank Wrecking. BUFFALO, April 7. -W. - O. Leland, president of the First National bank of Springville was arrested under an indictment found in the United States court at Utica, charging him with wrecking the bank. He was subsequently admitted to bail in $10,000. The Springville bank is in a bad condition. The depositors have claims for $175,000; the receiver has about $50,000.