Colorado Savings Bank (Denver, CO)

Episode Information

Episode UID
3318225991123
Episode Type
Suspension → Closure
Bank Type
savings
Bank ID
331822599 hash
Start Date
July 17, 1893
Location
Denver, Colorado (39.739, -104.985)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
bb552e0a48886420

Response Measures

None

Description

Assignment/receivership followed the July 17–18, 1893 suspension; assets later handled by an assignee.

Events (1)

1. July 17, 1893 Suspension
Cause
Macro News
Cause Details
Stringency of the money market and inability to realize on securities during the 1893 financial panic; assignments were 'preconcerted' for self-protection.
Newspaper Excerpt
The Colorado Savings bank did not open their doors this morning.
Source
newspapers

Newspaper Articles (20)

Article from The Helena Independent, July 18, 1893

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TELEGRAPHIC BREVITIES. PINE BLUFF. Ark., July 17 -John Cotton, a young negro. was lynohed at Cornerville for she atten.pted rape of n white woman. LONDON. July 17.-A hansom in which the prince of Wales was riding. this even. ing. collided with another and the prince got a bad shaking up but was not seriously hurt. SOUTH BEND, Ind., July 17.-Rev. Thomas F. Walsh, president of Notre Dame university, died this morning at Milwaukee, where he had been under treatment for Bright's disease. CHICAGO, July 17.-Joseph Midoo, of Littie Rock. Ark., was fumbling about in Louis Dillon's room at four o'olook this morning. Dillon waking suidenly. drew a revolver and shot Midoo dead. NEW YORK. July 17.-Forty-two - delegates from theatrical employes' unions in swouty. two states 10-day formed a national alliance of shoat leal employes. John 8. Williams. of New York, was elected president. CHICAGO, July 17.-The five mile race of the Calumes Cycling club resulted in breaking the Ame lean road record for the dietance. A. L. Leonhardt did the trick in 13:30. beating the former record by eight seconds. DENVER. July 17.-The People's Savings bank, the Rocky Mountain Dime and Dollar and the Colorado Savings banks did not open their doors this morning. The assets of the People's are $1,500,000; liabilities, $1,350 000. KANSAN CITY. July 17.-The Missouri National bank suspended payment just before noon. The Grand Avenue bank. a private institution, suspended payment this morning. Its assets are $200,000; liabilities. $140,000. It is expected is will resume shortly.


Article from The Anaconda Standard, July 18, 1893

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PEOPLE AND PLACES. SOUTH BEND. Ind., July 17. - - Rev. Thomas F. Walsh. president of the Notre Dame university, died this morning. PHILADELPHIA, Pa., July 17. -John J. McConnell, a cotton manufacturer. has assigned. The liabilities are $200,000. The assets will exceed $100,000. CHICAGO, July 17.-- Joseph Midoc of Little Rock. Ark.. was fumbling about in Louis Dillon's room at 4 o'clock this morning. Dillon, waking suddenly, drew a revolver and shot Midoc dead. WASHINGTON. July 17.-The treasury today purchased 80,000 ounces of silver as follows: 50,000 at $0.734: 30,000 at $0.73 4-5. Offers were 738,000 ounces. The total amount of silver purchased to date for July is 948,000 ounces. SANTA ROSA. Cal., July 17.-A photograph of the new comet shows the interesting fact that another comet is enveloped in the tail of the first one. Its tail, also merging in another one, appears to move in the same orbit, or one exactly parallel and at the same rate of speed. BIRMINGHAM, Ala., July 17. A posse has been searching since Saturday night near Brierfiled. for a negro charged with the assault, robbery and murder of two women. He retreated into a swamp which was surrounded last night, and it is believed he will be captured and lynched. CHICAGO, July 17.-By unanimous vote the national commission indefinitely postponed action in the White-Webster contest for a scat in the commission from New Mexico. By this action Mr. White, who was removed by the governor of New Mexico and the removal confirmed by President Cleveland, will retain his seat. The commission further instructed the secretary to notify the secretary of state of the action taken. KANSAS CITY, July 17.-The comptroller of the currency took possession of the Missouri National bank at noon. No statement. It has a paid up capital of a quarter of a million. According to the statement to the comptroller on Saturday it had a cash and sight exchange of $271,000: deposited $900,763. The Grand Avenue bank suspended this morning. Assets. $200,000: liabilities. $140.000. It is expected to resume shortly. It is not doubted among bankers that it will pay dollar for dollar. DENVER, July 17.-The - People's Savings bank. the Rocky Mountain Dime and Dollar bank and the Colorado Savings bank did not open their doors this morning. The assets of the People's bank is $1.500,000; liabilities, $1,350,000. President Lawrence says the failure will in no way affect the People's National. The Colorado Savings bank statement shows deposits $486,000, with assets $730.60 in excess of liabilities. The assets of the Rocky Mountain Dime and Dollar Savings bank is $156,803: liabilities, $105,654. The officers of all three say the debts will be paid in full. It is understood all assignments were preconcerted for self-protection and the protection of depositors.


Article from The Madison Daily Leader, July 18, 1893

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Three Bad Failures at Denver and Two at Kansas City During the Day. Henry Clews Gives Comptroller Eckles Some Interesting Suggestions As to How a Sound as Well as Elastic Currency Might Be Established. DENVER. July 18.-Commercial circles are greatly excited over the failure of three banks in this city during the day. The banks constituting the triple failure are the Colorado Savings bank, the People's Savings bank and the Rocky Mountain Dime and Dollar Savings bank. An estimate of the total assets are $1,500,000 and liabilities are placed at nearly that amount. Charles H. Blakeney was made assignee of the Rocky Mountain Dime and Dollar Savings bank. It is understood that all the assignments were preconcerted and were done for self protection and for the protection of depositors. The direct cause of the failures was the stringency of the money market and inability to realize on securities. The president of each bank declares that each depositor will be paid in full, and that the institutions will resume again. An incipient run has been started on the Denver Savings bank. The bank is taking advantage of the 30 and 60 days notification provision, and is paying out no checks or drafts for more than $20 each.


Article from The Madison Daily Leader, July 18, 1893

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BUSTED BANKS. Three Bad Failures at Denver and Two at Kansas City During the Day. Henry Clews Gives Comptroller Eckles Some Interesting Suggestions As to How a Sound as Well as Elastic Currency Might Be Established. DENVER, July 18.-Commercial circles are greatly excited over the failure of three banks in this city during the day. The banks constituting the triple failure are the Colorado Savings bank, the People's Savings bank and the Rocky Mountain Dime and Dollar Savings bank. An estimate of the total assets are $1,500,000 and liabilities are placed at nearly that amount. Charles H. Blakeney was made assignee of the Rocky Mountain Dime and Dollar Savings bank. It is understood that all the assignments were preconcerted and were done for self protection and for the protection of depositors. The direct cause of the failures was the stringency of the money market and inability to realize on securities. The president of each bank declares that each depositor will be paid in full, and that the institutions will resume again. An incipient run has been started on the Denver Savings bank. The bank is taking advantage of the 30 and 60 days notification provision, and is paying out no checks or drafts for more than $20 each.


Article from The Evening World, July 18, 1893

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PANIC ON IN DENVER. Four More Banks Close Their Doors To-Day. Runs Started on All the ClearingHouse Institutions. several Kansas Banks Go Down. with One in Ada. Ohio. DENVER, Col., July 18.-The Union National Bank, of which R. W. Woodbury is President, failed to open its doors this morning. The capital is $1,000,000. No statement can be had. A run is now being made on the City National, German National, First National. Colorado National and all the Clearing-House banks. The panic is on. LATER.-The Commercial National Bank has closed its doors. A notice says: "This bank has gone into liquidation by order of the Board of Directors." The National Bank of Commerce has also closed. Ex-Gov. Job A. Cooper is President of this bank. The Mercantile Bank. a private institution with a capital stock of $100,000, closed its doors at noon. The failure was caused by the failure of the Union National Bank, through which it cleared. C. C. Girda, the City Auditor, is President. W. F. Robinson formerly Treasurer of the Republican Publishing Company. one of the oldest and most respected individuals in the State, has been made assignee. President Woodbury is of the opinion that the Union National Bank will reopen and continue business as before. It is one of the oldest banks in Denver, and has always been regarded as one of its solid ones. The failure of the Chamberlin Investment Company a few days ago affected the Union National, the Company having become indebted to the bank about $50,000. The Commercial National Bank was in bad shape. It has a capital stock of $250,000. and only had $2,000 in cash in the bank. TOLEDO, July 18.-The Citizens' Bank of Ada, O., the most prominent one in Hardin County, failed to open its doors this morning. Its owner, Peter Ahifield, has controlled it for over a quarter of a century, and is one of the wealthiest men of that section. No statement of assets and liabilities, or the cause of failure, can be obtained. FORT SCOTT, Kan. July 18.-The First National Bank, of this city, the oldest financial institution in Southeastern Kansas, has suspended payment. TOPEKA. Kan., July 18.-State Bank Examiner Breidenthal this morning received notice of the failures of the Citizens' Bank, of Kansas City, Kan., of the Bank of Richmond and of the Farmers and Merchants' Bank. at Ossawattomie. The concerns all did a small business. Statements are unobtainable. The opinion is expressed that other institutions throughout the State will soon go under. The Denver bank failures reported above are in addition to the three reported in the same city yesterday, which were as follows: People's Savings Bank: assets, $1,125,667.55; liabilities, $966,996.88 Colora do Savings Bank: assets over liabilities, $73,063.62. Rocky Mountain Dime and Savings Bank: assets, $156,803.53; liabilities. $105, 654.32. The seriousness of the situation is quite evident from the collapse of all f these institutions.


Article from Evening Star, July 18, 1893

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WESTERN BANKS CLOSE. Two at Kansas City and Three at Denver Suspend. The Grand Avenue Bank of Kansas City, s private institution, assigned yesterday to James B. Rickel, who immediately took charge. The assets are placed at $200,000 and the liabilities at $140,000. The Grand Avenue Bank holds ample gilt-edged securities to meet obligations, it is claimed, and the officials say they expect to resume business shortly. Despite assertions of strength and the publishing of a favorable statement Saturday, the Missouri National Bank of the same city was taken possession of by the controller of the currency shortly before noon yesterday. The bank was immediately closed and it was impossible to get a statement from the officers. The Missouri National is a new bank, having opened in January, 1891. Three Banks at Denver. The People's Savings, the Rocky Mountain Dime and Dollar and the Colorado Savings Banks of Denver yesterday failed to open their doors for business. The assets of the People's Savings Bank are $1,500,000; liabilities, $1,350,000. President Lawrence of the People's National Bank says the failure of the Savings Institution will in no way affect the People's National Bank.


Article from New Ulm Review, July 19, 1893

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BUSTED BANKS. Three Bad Failures at Denver and Two at Kansas City During the Day. Henry Clews Gives Comptroller Eckles Some Interesting Suggestions As to How a Sound as Well as Elastic Currency Might Be Established. DENVER, July 18.-Commercial circles are greatly excited over the failure of three banks in this city during the day. The banks constituting the triple failure are the Colorado Savings bank, the People's Savings bank and the Rocky Mountain Dime and Dollar Savings bank. An estimate of the total assets are $1,500,000 and liabilities are placed at nearly that amount. Charles H. Blakeney was made assignee of the Rocky Mountain Dime and Dollar Savings bank. It is understood that all the assignments were preconcerted and were done for self protection and for the protection of depositors. The direct cause of the failures was the stringency of the money market and inability to realize on securities. The president of each bank declares that each depositor will be paid in full, and that the institutions will resume again. An incipient run has been started on the Denver Savings bank. The bank is taking advantage of the 30 and 60 days notification provision, and is paying out no checks or drafts for more than $20 each.


Article from Echo De L'ouest, July 20, 1893

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Faillites de Banques et antres depuis quelques jours -Le Schleisinger Syndicate de Nigaumee, Mich, representant des millions de dollars de capital allemand a fait faillite. Les pertes des créanciers seront énormes. W.H. Rush et H, M. Tabor de Denver, Col., ont deposé leur bilan. Passif 650000 dollare. La Bank of Springfield, Mo, a fermée ses portes. C'est la premiè re fois qu'une banque fait faillite dans la ville. Passif 256,000 dollare. Fermée est la Bank of Garnet, Kan. Les déposants perdront énormé ment et le comté 23,000 dollare que le tréforier y avait déposés. Trois faillites de banques de New-York, celles de MM. C. H. Bunell, celle de M. H. S. Tober et enfin celle de M. W. Barrow. La Philadelphia Mutual Life Insurance Company de Harris burg, Pa., et la Keyatone Benefit Association de Beaver Falls, Pa., sont insolvables. O. E. Nettleton banquier de Deeham, Mass., a dépost son bilan. Le "Universal Order of Coope ration" de Philad-lphie va être mis entre les mains d'nn syndic. Harris Bros de New York ont suspendu leurs paiements. Passif 100,000 dollars. La N W Jersey Sheep & Wool Company de Trenton N. Y. a fermé ses portes. En faillite auesi dans le Kansas La "Bank of Balter and Double Bay de Columbus" la "City Bank" de Johnson City, et la "Book of Weir City" La Peoples Savings Bank de Denver, Col., a ferme see portee. Passif 350,000 dollare. La Rocky Mountain Dime et Dollar Bank de la même ville a suspendu ees paiements. Il en est de même de la Colorado Savings Bank. La Missouri National Bank et la Grande Avenue Bank de Kan888 City ont fait faillite. Passif 250,000 dollars. Et la liste eat loin d'être épuisée. Enfin les banques "Union National," "Commercial National," "National Bank of Commerce" et "Mercautiie Bank" de Denver, Col., ont aussi sombré. Il en est de même de la "Citizen's Bank" de Kansas City, de la "Bank of Richmond" et de la "Farmers et Merchants Bank" de Oaawatomie, Kan., ainsi que de la "First National Bank" de Fort Scott et de la "Armourdale CitiZons Bind," Kansas. On va bien sous le régime démocratique.


Article from Burlington Weekly Free Press, July 20, 1893

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The People's Savings Bank of Denver Suspends-Another Institution Also, DENVER, Col., July 17.-The People's Savings bank and the Rocky Mountain Dime and Dollar and Colorado Savings banksuspended to-day The assets of the People's Savings bank are $1,500,000; liabilities $1,850,000.


Article from The State Republican, July 20, 1893

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THREE FAILURES. Three Denver Banks Conclude to Suspend for Self-Protection. Causing Considerable Excitement In Commercial Circles DENVER, Col., July 18.-Commercial circles are greatly excited over the failure of three banks this morning. The banks constituting the triple failure are: The Colorado savings bank, the Peoples' savings bank and the Rocky Mountain Dime and Dollar savings bank. An estimate of the total assets are $1,500,000 and liabilities are placed at nearly that amount. Charles Blakeney was made assignee of the Rocky Mountain Di me and Dollar savings bank, of which F. H. Woodbury is president and G. F. Clark, cashier. No detailed statement has been given out, but from the books of the institution the assets are $156,806.53 and the liabilities $105,565,320. The officers of the bank are positive in their statement that depositors will receive dollar for dollar. The Colorado savings bank. of which F. K. Atkins is president and C. O. Atkins cashier, in their statement to the assignee, Alfred Butters, place the open accounts due depositors at $435,108.50; certificates of deposit, $50,699.36; due other banks, $3,236.95. The assets over liabilities in what is declared to be good commercial paper, well secured, is $73,063.72. No statement of the People's bank can be secured as yet. It is understood that all the assignments were preconcerted and were done for self-protection and for the protection of the depositors. The direct cause of the failures was the strengency of the money market and inability to realize on securities. The president of each bank declares that each depositor will be paid in full and the institutions will resume business in a short time, An incipent runhas been started on the Denversavings bank. The bank is taking advantage of the thirty and sixty days' notification provision and is paying out no checks or drafts for morethan $20 each.


Article from The Austin Weekly Statesman, July 20, 1893

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AVINGS BANKS COLLAPSE HREE OF THEM CLOSE THEIR DOORS IN DENVER YESTERDAY. Long Run On One of Them Drove It to the Wall, and in Anticipation of Like Treatment the Others; Assigned While They Had Funds. DENVER, July 17 -The first bank ailure in Denver since 1874 occurred morning when the People's Savthe Colorado Savings and the Rocky Mountain Dime and Dollar lavings banks closed their doors. An stimate of the assets are $1,500,000, with liabilities of $1,350,000. The Colrado Savings bank, of which F. K. Atkins is president and C. C. Atkins ashier, in a statement to the assignee, Alfred Butters, place the open acounts due depositors at $435,108 50; ertificates of deposit, $50,699,36; due ther banks, $2,236.95; cashier's hecks, $625. Their assets over liabilin what is declared to be good ommercial paper well secured is $73,63.72. F. W. Woodbury is president and G. Clark is cashier of the Rocky Iountain Dime and Dollar Savings ank, of which Charles H. Blakeny this morning made assignee. As$156,803.53, liabilities $105,565.32. Officers of the institution postively ssert that depositors will not lose a ollar. It is understood that ali the ssignments were preconcerted and done for self protection and for protection of depositors. The dicause of the failures was the uniersal hard times and inability to reaon securities. President Lawrence of the People's avings bank, in a statement this orning said a causless run was start May 23 and was really kept up to Satunday night, when the entire vailable means of the bank were exausted and there was nothing left assign. The officers of the instisaid he, "pledged their estates its support, but the feeling engenamong eastern banks and finanhg recently


Article from Oakes Weekly Republican, July 21, 1893

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BUSTED BANKS Seven Bad Fallares III Two Days at Denver. DENVER. July 18. --Commercial - circles are greatly excited over the failure of three banks in this city during the day. The banks constituting the triple failure are the Colorado Savings bank; the People's Savings bank and the Rocky Mountain Dime and Dollar Savings bank. An estimate of the total assets are $1,500,000 and liabilities are placed at nearly that amount. Charles H. Blakeney was made assignee of the Rocky Mountain Dime and Dollar Savings bank. DENVER, July 19.--Three national banks, the Union National. the Coinmercial National and the National Bank of Commerce, closed their doors during the morning, owing to the heavy demands of excited depositors. The Mercantile bank, a small institution doing business in the Mining Exchange building, also suspended, owing to to the close of the Union Bank, through which its clearances were made. Mercantile vallures. In addition to the bank failures the following firms went to the wall during the day: McNamara Dry Goods company; M. S. Noah. installment furniture dealer: Albert Nelson, restaurant; John Mouatt Lumber company; Luther J. Wygant, tiles and grates; Evans-Littlefield Confectionary company; "The Hub," general merchandise; Hyman & Cohen, shoe dealors, and McHiver & Drip, mantels and tiles.


Article from The Forrest City Times, July 21, 1893

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THREE FAILURES. Three Denver Banks Conclude to Suspend for Self-Protection, Causing Considerable Excitement in Commercial Circles DENVER, Col., July 18.-Commercial circles are greatly excited over the failure of three banks this morning. The banks constituting the triple failure are: The Colorado savings bank, the Peoples' savings bank and the Rocky Mountain Dime and Dollar savings bank. An estimate of the total assets are $1,500,000 and liabilities are placed at nearly that amount. Charles Blakeney was made assignee of the Rocky Mountain Di me and Dollar savings bank, of which F. H. Woodbury is president and G. F. Clark, cashier. No detailed statement has been given out, but from the books of the institution the assets are $156,806.53 and the liabilities $105,565,320. The officers of the bank are positive in their statement that depositors will receive dollar for dollar. The Colorado savings bank, of which F. K. Atkins is president and C. O. Atkins cashier, in their statement to the assignee, Alfred Butters, place the open accounts due depositors at $435,108.50; certificates of deposit, $50,699.36; due other banks, $3,236.95. The assets over liabilities in what is declared to be good commercial paper, well secured, is $73,063.72. No statement of the People's bank can be secured as yet. It is understood that all the assignments were preeoncerted and were done for self-protection and for the protection of the depositors. The direct cause of the failures was the strengency of the money market and inability to realize on securities. The president of each bank declares that each depositor will be paid in full and the institutions will resume business in a short time, An incipent runhas been started on the Denversavings bank. The bank is taking advantage of the thirty and sixty days' notification provision and is paying out no checks or drafts for morethan $20 each.


Article from Perrysburg Journal, July 22, 1893

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BY THE WHOLESALE. Bank Failures in the West Multiplying Daily-On Monday There Were Six in the State of Kansas, Two in Kansas City and Three in Denver. TOPEKA, Kan., July 18.-State Bank Commissioner Breidenthal was on Monday notified of the suspension of six state and private banks in Kansas, all due to the suspension of Kansas City banks in which they had deposits. The banks reported are the Bank of Johnson City, the Bank of Weir City, Hood & Kincaid's private bank of Pleasonton, Caney valley bank of Caney, Ritter & Doubleday's private bank of Columbus and the Bank of Meade of Meade Center. KANSAS CITY, Mo., July 18. - The Missouri national bank, which was looked upon as one of the stoutest houses in the west, closed its doors at noon. Its assets are nearly $2,000,000, while its liabilities are only one-half of that figure. At 9:30 a. m. the Bank of Grand avenue failed for $250,000. DENVER. Col., July 18. - The first bank failure in Denver since 1874 occurred Monday morning when the People's savings, the Colorado savings and the Rocky Mountain dime and dollar savings banks closed their doors. The assets of the People's savings bank are $1,500,000; liabilities. $1,350,000. The Colorado savings bank has assets over liabilities, it is claimed, amounting to $73,000. The assets of the Rocky Mountain dime and dollar savings bank are $156,803.53; liabilities, $105,654.32. It is understood that all the assignments were preconcerted and the step was taken for self-protection and for the protection of the depositors. The direct cause of the failures was the universal hard times and the inability to realize on securities. The president of each bank declares that every depositor will be paid in full and that the institutions will resume.


Article from The Bessemer Indicator, July 22, 1893

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been mining engineer, has appointed chief of police of Denver. The Silver Cord mill at Leadville was burned on the 17th. Loss $15,000. The Denver Chamber of Commerce has endorsed the address adopted by the silver convention. The striking switchmen at Pueblo have agreed to go to work. but some of them will lose their positions it is thought The big merchants of Denver have started a movement to induce their landlords tolower rents. which are too high for the hard times. The coroner's jury has decided that How. ard. who was murdered near Pueblo recently, came to his death at the hands of Indian Joe, tough men who has a bad record He is under arrest. Bush & Tabor, who run the Brown Palace and Metropole hotels at Denver have assigned. The total amount of assets involved in these assignments is $2,222,909.90 while the liabilities of all the firms involved amount 0 $641,334.66 The People's Savings Bank. the Rocky Mountain Dime and Dollar Savings Bank and the Colorado Savings Bank of Denver falled on the 17th. There had been a steady with drawal of deposits and the banks could not realize on their securities Their deposits amounted to about $2,000,000. At an early hour Saturday morning the Aspen house at Aspen. owned by J. T. McCarthy, was burned to the ground with all its furnishings. Several boarders were forced to jump from the windows in their night clothes Loss $7,000. Insurance 83,200 An explosion of it lamp in the hall is supposed to be the origin. Denver Markets-Eggs ranch 16c, state 17c: butter. best creamery 23@24c, dairy 17c; hav. upland baled 812@$15. second bottom 11($12:alfalfa $7.00: wheat 85c: corn, bulk 75c sacked 87c: oats, $1.18, sacked $1.21 potatoes $2.75: cattle. choice steers $3.00 @$3.50. cows $2.15@$2.85. native feeders $2.00 @$2.75; hogs, choice $5.70: spring chickens $3.50@c$5.00per doz: bens. 12c State Engineer Kramer has been called upon by the farmers of Larlmer county to deside a knotty question R. Q. Tenny, the water commissioner, has issued an order closIng the headgates and shutting off the water from the ditches The question comes under the law of priority. which It Is said will cause trouble before the water supply can be properly distributed In compliance with a petition presented to the commissioners of Pueblo county by over 1,000 citizens, that body decided to have the grading and filling necessary for the completion of the Fourth street bridge over the Arkansas river done by day laborers, under direction of the county road overseer. instead of letting it out on contract. There is large amount of work to be done and laborers are delighted with the action of the commissioners. The Western Colorado Investment Com pany, which is to put down two wells in the vicinity of Grand Junction. has been sending out leases to all the ranch owners for signatures. The returns have begun to come in, and leases for more than 1,000 acres of land have been filed with Colonel Grout As soon as the percentage of land under lease becomes ufficiently large the machinery will be brought here and the work of boring for water will be begun. F. M. Goodykoontz state auditor and superintendent of insurance. has issued his report for the year ending Dec 1892. The report snow that during the year of 1892 fire insurance risks were written to the amount of $103,168,403.69 as compared with $93,519,766. 16. the previous year. The premium receipts were $1,721,483.74 The losses paid increased from $573,139.42 in 1891 to 806,481.04 In 1892. The business of the life insurance companies IncreasedFrom $16,025,740.25 to $18,598,881 98. The premium receipts decreased from $1,422,422.66 to $1,272,023.09 The investigation into the disappearance of Henry Howard at Baxter station. near Pueblo, revealed the fact that he had been murdered. After making a close examination of the premises the work of excavating the well began. This was a laborious task as the well was twelve feet deep. and after the body of the murdered man had been thrown in it had been tilled with posts, rubbiah and earth. The body was found at the bottom in a much decomposed state. but was readily.identified as that of Henry Howard. The upper part of the head was crushed, that part of the skull being broken into small pieces. indicating that several blows had been inflicted to complete the work of murder. The body had on no clothing except shirt and drawers, and is belleved the man was attacked at night while asleep. A horse, cart. harness and dog belonging to Howard, together with the contents of the house, excepting the bed, have disappeared. with no indications as to what direction It has gone. Belmont Holdredge, a tramp section hand, met with a most pecullar accident ten miles Denver on the Kansas Pacific railway Sunday morning. He was stealing a ride on the pilot of the engine on an incoming freight train. The engine ran into a cow and the tramp and the cow were thrown ten feet to one side of the track. The trainp struck the ground first and the cow descended upon him. The weight of the beast in falling broke his.leg. and he with great difficulty extracted himself from his perilous position. His escape from more serious injuries was remarkable. The engineer saw the accident and stopped the train and brought Holdredge to Denver where he was placed in a hospital. The switchmen on the D. & R. G. At Puablo struck on the 10th. They demand the discharge of the yardmaster, William Crooker.


Article from Iowa County Democrat, July 28, 1893

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THEIR DOORS CLOSED. Tardy Assistance Makes Denver and Kansas City Banks Suffer. Denver, Colo., July 17.-The People's Savings bank, Rocky Mountain Dime and Dollar, and Colorado Savings banks did not open their oors this morning. The assets of the People's are $1,500,000; liabilities, $1,350,000. Prseident Lawrence says the failure will in no way affect the Pople's National. The Colorado Savings bank statement shows deposits of $486,000, with assets of $73,064 in excess of liabilities. The assets of the Rocky Mountain Dime and Dollar Savings bank are $156,803; liabilities, $105,654. The officers of all three say the debts will be paid in full. It is understood that all the assignments were preconcerted for self-protection and the protection of depositors. President Lawrence, of the People's, says the bank had about completed arrangements for temporary relief from eastern banks, but the doings of the silver convention here caused them to withdraw all aid and the bank had no other resource but to assign. Kansas City, Mo., July 17. - The Grand Avenue bank, a private institution, suspended this morning, with assets $200,000; liabilities, $140,000. It is expected to resume shortly. It is not doubted among bankers that it will pay dollar for dollar. The comptroller of currency took possession of the Missouri National bank at noon. Statement by the officers shows assets $1,254,785; liabilities, $700,000. Assistance was on the way from the east but did not arrive in time as the depositors were making heavy drafts on the bank. Officers declare depositors will be paid in full.


Article from The Abbeville Press and Banner, August 2, 1893

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South and West. THE Bank of Mound Valley, Kan., owned by C. M. Condon, of Oswego, Was robbed by three men who rode into the town and enterIDE the bank tfed and gagged the cashier, J. O. Wilson, and secured the money in sight, which amounted to $600. A YELLOWISH black cloud came up from the west and swept through Stillwater, Minn.. along Lake St. Croix, thence across the lake, and spent itself in the Wisconsin woods to the southeast. Two persons were killed, William Anez and Samuel Simonson. THE National Bank of Kansas City. Mo., has failed the liabilities are about $1,000,000 and assets estimated at over $2,000,000. AN explosion of fireworks occurred at a grove near Chicago, III.. in which an Italian society was holding a picnic. The explosion resulted in the killing of four persons-three men and a boy-and the wounding of twelve others. THE last open Sunday of the World's Fair did not show any improvement upon other Sundays in point of attendance, but as nearly all passholders paid the entrance fee of fifty cents, the fund for the benefit of the sufferers from the cold storage fire was increased in a substantial way. About $30,000 was realized. AT Denver, Col.. the People's Savings, the Rocky Mountain Dime and Dollar and the Colorado Savings Banks have closed their doors. At Kansas City, Mo., the Missouri National Bank has suspended payment, also the Grand Avenue Bank, a private institution. The assets are $200,000; liabilities, $140,000. FOUR people were killed and several injured in a collision between a Grand Trunk train and a horse car in Chicago, III. THE foreign exhibitors at the World's Fair are getting ready to file claims against the National Government for damages, claims to the amount of $400,000 baving already been prepared. THE First National Bank at Cedartown, Ga., closed its doors. The suspension was caused by inability to realize at once on co!laterals. SECRETARY MOHLER has issued a statement saying that if the conditions continue favorable Kansas will have the largest corn crop in the State's history, with the exception of that of 1889.


Article from Rock Island Argus, May 23, 1894

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Removed the Assignee. DENVER, May 23.-Upon petition of 1,859 depositors who allege mismanagement of the Colorado Savings bank which made an assignment during the financial panic last summer to Alfred Butters, Judge Graham has removed Mr. Butters as assignee because as director and vice president of the institution he is an interested party.


Article from The Bryan Daily Eagle, December 30, 1896

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Banker Atkins On Trial. DENVER, Dec. 29.-The trial of Frank K. Atkins, president of the defunct Colorado Savings bank, has been begun in the district court. There are 10 indictments against him and an equal number against his brother C. O, Atkins, cashier of the bank, whose trial will follow. They are accused of wrecking the institution. The specific charge is for accepting deposits when they knew the institution was insolvent. The bank failed during the panic of 1893, and its affairs dragged along under the supervision of a receiver until recently, when depositors demanded an investigation and matters were brought to the attention of the grand jury.


Article from Evening Star, December 31, 1896

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President Atkins' Trial Begins. The trial of the case of Frank K. Atkins, president of the defunct Colorado Savings Bank of Denver, has begun. There are ten indictments against him and an equal number against his brother, C. O. Atkins, cashier of the bank, whose trial will follow. They are accused of wrecking the institutien. The specific charge is that of accepting deposits when they knew the bank was insolvent. The bank failed during the panic of 1893.