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A Kentucky Bank Suspends. ASHLAND, Ky., June 27.-The Second National bank of this place closed its doors this morning. It is solvent, but was forced to suspend because of inability to realize on good paper. The depositors will get all their money.
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An Ashland Bank Suspends. New York, June 27.-A special to the Evening Post from Ashland, Ky., says: "The Second National Bank of this place closed its doors this morning. It is solvent, but was forced to suspend because of inability to realize on good papers. Depositors will get all their money."
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A Kentucky National Bank Suspends. LOUISVILLE, June 27.-The Second National Bank of Ashland suspended payment this morning. The directors and officers declare that the bank's liabilities are only $110,000. and say that its assets in good commercial paper and bills receivable amount to $200.000. Inability to realize on the assets caused the suspension. There is no excitement in Ashland. and there was no run on the banks in consequence.
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A Kentucky Bank Closes. ASHLAND, Ky., June 28. -The Second National Bank of this place has closed its doors. It is solvent, but was forced to suspend because of inability to realize on good paper. The depositors will all get their money,
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More Bank Troubles. ASHLAND, Ky.. June 27.-The Second National Bank, of this place, closed its doors this morning. It is solvent but was forced to suspend because of its inability to realize on good papers. Depositors will get all their money.
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A Kentucky Bank Suspends. ASHLAND, Ky., June 27.-The Second National bank has closed its doors. Depositors will be paid in full.
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Bank Failure in Kentucky. ASHLAND, Ky., June 28.-The Second National bank of this place has closed its doors. It is solvent, but was forced to suspend because of inability to realize on good paper. The depositors will get all their Bioney.
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-The Second National Bank of Ashland suspended Tuesday. -Cholera advices from Mecca report 999 deaths from that disease Monday. -Wm. McStewart has been appointed post-master at Artemus, Knox county. -Edward Atkinson proposes to raise thirty millions of revenue by increasing the tax on a glass of beer from onefourth of one cent to one-half of one cent. -James Markey, of Aliance, Ohio, dreamed that the house was falling in and he jumped out of a three-story window during the scare The dream cost him his life.
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A Kentucky Bank Fails. A special from N shland, Ky., says: The Second National Bank of this place has closed its doors. It is solvent, but was forced to suspend because of inability to realize on good paper. The depositors will get all their money.
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Kentucky Bank Fails. A special from A shland, Ky., says: The Second National Bank of this place has closed its doors. It is solvent, but was forced to suspend because of inability to realize on good paper. The depositors will get all their money.
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WASHINGTON TELEGRAPHIC NOTES. A case of yellow fever is reported at Gulf quarantine station, Chandler island, Miss. Congressman Springer denies that he is to be let out of the chairmanship of the ways and means committee on account of failing health. Col. Fred Grant, late minister to Austria, is in Washington. He says that country is very prosperous, with a good big surplus in the treasury. About 2,560 pensioners have been suspended under Secretary Hoke Smith's ruling, requiring beneficiaries of the act of June 27, 1890 to prove total disability. Each one has 60 days to produce proof. The treasury department has decided that un der the section of the tariff law which provides that if the value of goods exceeds the value declared in the entry more than 40 per cent, fraud may be presumed and the goods seized by the collector. Comptroller of the Currency Eckels has authorized the First National bank of Los Angeles, Cal., the National bank of Commerce of Provo Utah, and the Second National bank of Ashland, Ky., to resume business. The government will not interfore in the Franco-Siamese trouble, as American interests in Siam are very slight. There are however, about 20 missionaries, principally Presbyterians, in Siam, and the Presbyterian mission board has asked that they be protected.
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LATER NEWS WAIFS. FINANCIAL AND COMMERCIAL The Chicago Chemical National Bank has resumed business. The $400,000 assessment required by the comptroller has been raised. The National Bank of Kansas City suspended payment and is now in the hands of Comptroller of the Currency. The Comptroller of the Currency at Washington has authorized the First National Bank of Commerce of Frovo, Utah, and the Second National Bank of Ashland, Ky., to resume business. All these banks have plenty of money, none of which was borrowed. but obtained by the collection of amounts due on notes or supplies by the directors.
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LATER NEWS WAIFS. FINANCIAL AND COMMERCIAL. The Chicago Chemical National Bank has resumed nusiness. The $400,000 assessment reqired by the comptroller has been raised. The National Bank of Kansas City suspended payment and is now in the hands of Comptroller of the Currency. The Comptroller of the Currency at Wash. ington has authorized the First National Bank of Commerce of Frovo. Utah, and the Second National Bank of Ashland, Ky., to resume business. All these banks have plenty of money, none of which was borrowed. but obtained by the collection of amounts due on notes or supplies by the directors.
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THE WORST IS OVER. Comptroller Eckels Thinks the Money Crisis is About Passed. WASHINGTON, D. C., July 21.-Secretary Carlisio will not be at the treasury department until to-morrow morning, Mr. Eckels, the comptroller of the eurrency, is still of the opinion that the worst is over. The fate ot a majority of national banks that are insolvent represent nothing more serious than temporary inability to pay out unusual sums of money that could have been provided had panic stricken stockholders given reasonable notice. The day was opened propitiously by instructions of two California national banks-the First of San Bernardino, and the First of Santa Anna-to reopen their doors for business. The comptroller also received notice that the Second National Bank, of Ashland, Ky., which closed its doors June 27, reopened for business on July 19, having complied with the requirements of the law. Reports received from nearly all the national banks in New York City show them to be in excellent condition, notwithstanding the great demands that have been made on them. A statement of the condition of the Brooklyn national banks on July 12 under the call for a statement showing their standing at the close of business on that day shows that the reserve amounted to 27.01 per cent and resources $17,587,553. Twenty-five per cent is considered an excellent showing.
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THINGS LOOK BETTER. National Banks are Re-opening for Business-Brooklyn Conditions. WASHINGTON, July 21.-Secretary Carlisle will not be at the Treasury Department until to-morrow morning. Mr. Eckels, the Comptroller of the Currency, is still of the opinion that the worst is over. The failures of a majority of the National banks that are insolvent represent nothing more serious that temporary inability to pay out unusual sums of money that could have been provided had panie stricken stockholders given reasonable notice. The day was opened propitiously by instructions of two California National Banks-the Frst of San Bernardino, and the first of Santa Anna-to reopen their doors for business. The comptrolier also received notice that the Second National Bank of Ashland, Ky., which closed its doors June 27, reopened for business on July 19, having complied with therequirements of the law. Reports received from nearly all the National banks in New York City show them to be in excellent condition, notwithstanding the great demands that have been made on them. A statement of the condition of the Brooklyn National banks on July 12, under the call for a statement showing their standing at the close of business on that day. shows that the reserve amounted to 27.01 per cent. and resources to $17,587,553. Twenty-five per cent. is considered an excellent showing.
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PERMISSION GIVEN TO RESUME BUSINESS. Washington. July 21.-Controller Eckels is still of the opinion that the worst is over, and that the failures of a majority of the National banks which are Insolvent represent nothing more serious than temporary Inability to pay out unusual sums of money, which could have been provided had panle-stricken stockholders given reasonable notice. The day was opened propitiously by instructions to two California National banks-the First of San Bernardino, and the First of Santa Anna-to reopen their doors for business. The Controller also received notice that the Second National Bank of Ashland, Ky., which closed Its doors June 27, recpened for business on July 19. The Controller to-day appointed John P. Hopkins receiver of the Chemical National Bank of Chicago. Reports received from nearly all the National banks in New-York City show them to be in excellent condition. A statement of the condition of the Brooklyn National banks on July 12 shows that their reserves amounted to 27.01 per cent. and their resources $17,587,573. Twenty-five per cent is considered an excellent showing. The Controller has ordered a dividend of 30 per cent in favor of the creditors of the Evanston National Bank of Evanston, III.
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THE FINANCIAL FLURRY. The Worst Thought to be Over-The Bank Failures Represent Nothing More than Temporary Inability to Pay Out Unusual Sums on Unusually Short Notice. WASHINGTON, July -Secretary Carlisle will not be at the treasury department until to-morrow morning. Mr. Eckles, the comptroller, is still of the opinion that the worst is over, and that the failure of a majority of the national banks that are insolvent represents nothing more serious than temporary inability to pay out unusual sums of money that could have been provided had the panie-stricken shareholders given reasonable notice. The comptroller received notice that the Second national bank of Ashland, Ky., which closed its doors June S1, reopened for business on July 19, having complied with the requirements of the law. The opening day the deposits amounted to $4,748, and withdrawals, 1,500. News that the First national bank of Cheyenne, Wyo., had failed was received. The comptroller to-day appointed John P. Hopkins, of Kensington, Chicago, receiver of the Chemical national bank of Chicago. Reports received from nearly all the national banks in New York city show them to be in excellent condition notwithstanding the great demands that have been made on them.
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THE FINANCIAL FLURRY. The Worst Thought to be Over-The Bank Failures Represent Nothing More than Temporary Inability to Pay Out Unusual Sums on Unusually Short Notice. WASHINGTON,July21.-Seeretary Carlisle will not be at the treasury department until to-morrow morning. Mr. Eckles, the comptroller, is still of the opinion that the worst is over, and that the failure of a majority of the national banks that are insolvent represents nothing more serious than temporary inability to pay out unusual sums of money that could have been provided had the panic-stricken shareholders given reasonable notice. The comptroller received notice that the Second national bank of Ashland, Ky., which closed its doors June 31, reopened for business on July 19, having complied with the requirements of the law. The opening day the deposits amounted to $4,748, and withdrawals, $2,500. News that the First national bank of Cheyenne, Wyo., had failed was received. The comptroller to-day appointed John P. Hopkins, of Kensington, Chicago, receiver of the Chemical national bank of Chicago. Reports received from nearly all the national banks in New York city show them to be in excellent condition notwithstanding the great demands that have been made on them.
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THE FINANCIAL FLURRY. The Worst Thought to be Over-The Bank Failures Represent Nothing More than Temporary Inability to Pay Out Unusual Sums on Unusually Short Notice. WASHINGTON, July 21.-Secretary Carlisle will not be at the treasury department until to-morrow morning. Mr. Eckles, the comptroller, is still of the opinion that the worst is over, and that the failure of a majority of the national banks that are insolvent represents nothing more serious than temporary inability to pay out unusual sums of money that could have been provided had the panie-stricken shareholders given reasonable notice. The comptroller received notice that the Second national bank of Ashland, Ky., which closed its doors June 31, reopened for business on July 19, having complied with the requirements of the law. The opening day the deposits amounted to $4,748, and withdrawals, $2,500. News that the First national bank of Cheyenne, Wyo., had failed was received. The comptroller to-day appointed John P. Hopkins, of Kensington, Chicago, receiver of the Chemical national bank of Chicago. Reports received from nearly all the national banks in New York city show them to be in excellent condition notwithstanding the great demands that have been made on them.
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IN THESE days of suspensions and failures it is gratifying to note that many of them are due only to temporary embar rassments and that many of the reputed bursted banks are over their trouble and are again doing business. Among those which have re opened during the last few days are: Gate City National Bank, At lanta, Ga.: First National Bank, Los Angeles, Cal.; First National Bank, San Diego, Cal.: First National Bank, Santa Anna, Cal; First National Bank, San Bernardino, Cal: the Southern California National Bank, Los Angeles, Cal: Merchants' National Bank, Fort Worth, Tex.; Second National Bank, Ashland, Ky.; Capital National Bank, Indianapolis, Ind: First National Bank, Palouse City, Wash; Washington National Bank, Spokane Falls, Wash; National Bank of Commerce, Provo City, Utah, and First National Bank, Cisco, Texas.