Farmers National Bank (Henrietta, TX)

Episode Information

Episode UID
406801123
Episode Type
Suspension โ†’ Reopening
Bank Type
national
Bank ID
40680 national
Charter Number
4068
Start Date
July 21, 1893
Location
Henrietta, Texas (33.817, -98.195)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
21a5a0517b090aac

Response Measures

None

Receivership Details

Depositor recovery rate
98.2%
Date receivership started
1903-11-18
Date receivership terminated
1905-05-09
OCC cause of failure
Excessive lending
Share of assets assessed as good
54.3%
Share of assets assessed as doubtful
30.6%
Share of assets assessed as worthless
15.1%

Events (4)

1. July 3, 1889 Chartered
Source
historical_nic
2. July 21, 1893 Suspension
Cause
Macro News
Cause Details
Temporarily closed amid the nationwide July 1893 banking stringency/panic and withdrawals reported to the Comptroller.
Newspaper Excerpt
the Farmers' National Bank of Henrietta, Tex., has closed its doors to business.
Source
newspapers
3. August 5, 1893 Reopening
Newspaper Excerpt
The Farmers' National Bank of Henrietta, Texas... has been permitted to reopen its doors for business.
Source
newspapers
4. November 18, 1903 Receivership
Source
historical_nic

Newspaper Articles (16)

Article from Evening Star, July 21, 1893

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National Bank Matters. The controller of the currency today appointed Mr. John P. Hopkins of Kensington, Chicago, III., receiver of the Chemical National Bank of Chicago, III. The controller has been advised that the First National Bank of Cheyenne, Wyo., has closed its doors to business, The controller of the currency has authorized the First National Bank of San Bernardino, Cal., and the First National Bank of Santa Ana, Cal., to reopen their doors for business, These banks have complied with the requirements imposed by the controller and are reported by the bank examiner to be in satisfactory condition with unimpaired capital. The controller of the currency has ordered a dividend of 30 per cent in favor of the creditors of the Evanston National Bank of Evanston, III. The checks for the payment of the dividend will be distributed on or about August 1 by the examiner at the bank of Evanston. The controller of the currency has been advised that the Farmers' National Bank of Henrietta, Tex., has closed its doors to business.


Article from The Portland Daily Press, July 22, 1893

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Creditors",Meetings. BOSTON, July 21.-The creditors of C. M. Howard, boot and shoe manufacturer of Lynn, with retail stores at New York, Philadelphia and Chicago, held a meeting today. The committee reported liabilities of $80,000, assets $36,446. Mr. Howard offered five cents in 30 days and 60 cents in 90 days. The creditors voted to accept the proposition. The meeting of the creditors of Alfred Clapp & Co., lumber, was held today. A statement showed liabilities of $87,000; assets nominally $48,000. The creditors appointed a committee of investigation. Two More Banks in Trouble. WASHINGTON, July 21.- The comptroller of the currency has been informed that the Farmers' National bank of Henrietta, Texas, has failed and that the Traders' bank of Tacoma, Wash., has suspended. New York Banks All Right. WASHINGTON, July 21.-The official statement of thecondition of the national banks in New York city at the close of business July 21, shows total resources of $538,037 745. The reserve held in the banks is 25.30 per cent. Comptroller Eckles states the New York city banks are in excellent condition. Capt. Thacher Lied. WASHINGTON, July 21.-Secretary Carlisle returned to Washington this evening. When shown a despatch from Denver crediting Captain Thacher with saying that after personal talks with the President and Secretary Carlisle he had been assured by them that they would not try to secure the unconditional repeal of the Sherman law, Mr. Carlisle said he made no such statement to Capt. Thacher, did not know him, and had never had such a conversation with him.


Article from The Morning Call, July 22, 1893

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WORST IS OVER. Comptroller Eckles Says the Panic Has Petered Out. WASHINGTON, July 21. - -The Comptroller of the Currency is still of the opinion that the worst is over and that the failures represent nothing more serious then temporary inability to pay out unusual sums of money that could have been provided had the panic-stricken stockholders given reasonable notice. The day opened propitiously by instructions to two California national banks, the First of San Bernardino and he First of Santa Ana, to open for business. These banks have complied with the requirements of the law and are reported by the Bank Examiner in a satisfactory condition with unimpaired capital. The offers of silver to the treasury today aggregated 670,000 ounces, at 70 to 71 1/2 cents. Thirty thousand ounces were purchased at 70 cents. The Comptroller has received notice of the failure of the First National Bank of Cheyenne, Wyo., and the Farmers' National Bank at Henrietta, Texas. The Comptroller had advices this afternoon from Cheyenne that the banks there stand firm. The excitement has ended and no more trouble is feared.


Article from The Record-Union, July 22, 1893

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banks have for the present refused the offer of the Indian Government to purchase silver tendered after the closure of the mints to free coinage. It is understood the banks will dispatch a delegate to Simla to represent their case to the Government and ask that the offer be left open meantime. The Pioneer, always a steady suppprter of the Government, commenting upon the financial policy regarding the sale of council drafts, says if it were not imbecility that prompted the course taken, it was affectation of imbecility for the purpose of concealing a motive that cannot be confessed. LONDON, July 21.-In the Commons today, Gladstone, replying to a question, said he did not agree with the assumption that the new monetary policy in India would create a large demand for gold, which would possibly result in the further rise in the price of that metal. SILVER PURCHASES. 1 WASHINGTON, July 21.-The offers of silver to the Treasury to-day aggregated 670,000 ounces, at 70 cents to 71 โ‚‚ cents. Thirty thousand ounces were purchased at 70 cents. SILVER EXPORTS. NEW YORK, July 21.-Two hundred and ninety-five ounces of silver and 40,000 Mexican dollars will be shipped to-morrow. WYOMING AND TEXAS FAILURES. WASHINGTON, July 21.-The Comptroller has received notice of the failure of the First National Bank in Cheyenne, Wyo., and the Farmers' National Bank at Henrietta, Texas. y FAILED TO OPEN. TACOMA (Wash.), July 21. - The S Traders' Bank failed to open its doors 0 this morning. The notice posted on the door states that the bank is closed temporarily on 00 account of the dullness of the money e market, the withdrawal of funds and inability to realize on assets. d STRINGENCY IN NAPA COUNTY. n NAPA, July 21.-The financial string-6 ency throughout the country is affecting to the manufacturing industries of Napa. al Owing to the lack of demand for its to manufactures the woolen mill has been compelled to reduce its force, and as soon 1as the present stock of raw material is 10 worked up, which will be about the first be of next month, the mill will shut down entirely until times get better, thus n throwing out of employment about fifty d persons. of At the Sawyer Tanning Company the force in the finishing department is being reduced, and it is expected that by Saturne


Article from Burlington Weekly Free Press, July 27, 1893

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DENVER, Col., July The panic was in in this city to-day with renewed vigor and as the result the Old German National with a reputation for stability of 20 years standing and the equally reputable State National failed to open their doors for business this morning. Later the People's National failed. All night long depositors stood in line in front of the German and by 9 o'clock there was one long soa of faces stretching down the streets. At the opposite corner, where the State has long done business, there was crowd of anxious depositors also quite awaiting the opening of the doors. Here the people were relieved of their agony at FL few minutes after 9 o'clock, when B notice was posted on the door that the bank would not open, owing to a lack of ready cash and the crowd moved away. At the German a slip of paper was posted on the windows stating that the doors would remain closed temporarily. Then the women down the long line broke out in tears and wailing. By this time there was a run on every bank in the city and soon came the announcement that the People's National bank had closed its doors. The notice on the doors read. "This bank closed by order of the board of directors. Net assets, $1,100,000; liabilities, $310,000." President McNeill of the State bank says his bank has Daid out in cash a trifla more than $900,000 within the last 30 days. He evidently tried to call in his loans in order to keep the doors open, but it proved to be an impossibility. In concluding a long talk, he said: "Our assets are fully twice as large as our liabilities." Charles M. Clinton, cashier of the German National, stated that the exceedingly hard times and inability to place securities, together with the failure to call in loans, had forced them to close their doors. During the last 60 days, he said, there has been a constant drain on the bank and over $1,000,000 had been paid to depositors. The bank expected $800,000 from the east this morning, but it failed to arrive and as we had paid out nearly all our money during yesterday's run we were forced to close. The officers expect it to rosume in time, as its assets are greatly in excess of the liabilities. The statement of the People's National published on the 12th showed that they had less than $60,000 in cash on hand, while the individual deposits subject to check, not counting any other, amounted to $210,000. The capital stock of the bank is $600,000. Later in the day Tucker & Co., dealers in gentlemen's furnishings and the Peoples' company, made assignmenta. This afternoon the run at the Denver National was over, with an enormous amount of money still in sight. The same is true at the city and all the other banks, and business men are breathing freely. At the closing hour there were not half a dozen people in or around any of the national banks here. The weak banks have all been closed and there can be but little doubt of the soundness of the five that withstood the storm of yesterday and to-day. D. A. Thatcher, president of the Denver National and also of the clearing house, this evening said that he anticipated no more bank failures. Those that kept open passed through the clearing house in good shape and showed that the were in excellent condition for the future. An examination of the affairs of the closed banks has been made and in no instance has there been found the slightest dishonesty or crooked work. "I am confident," said Mr. Thatcher, "that if the financial condition of the country brightens a little. they will all resume and every depositor will be paid dollar for dollar." The J. B. Wheeling Banking company of Aspen, Col., Bank of Sterling, Sterling, Col., and the Bank of Loveland, Col., have assigned. No statements have been issued. Two National Bank, Close Doors. WASHINGTON, July 19. -The comptroller of the currency has been advised that the Hutchinson National bank, Hutchinson, Kansas, closed its doors to business this morning, and that the Bozeman National bank of Bozeman, Montana, has failed. Failure of Two Kansas State Banks. TOPEKA, Kan., July 19.- Information has been received at the office of the State bank commissioner, of the failure of the State bank of Parker, Linn county, and the Woodson State bank of Yaltes Centre, Woodson county, both small concerns. More Business Failures. WASHINGTON, July comptroller of the currency bas been informed that the Farmers National bank of Henrietta, Tex., has failed. The First National bank of Grand Junction, Col,, has suspended; also the First National bank of Canon City, Col.; J. B. Wheeler & Co., bankers of Colorado City; T. A. Kent, broker, and the First National bank of Cheyenne, Wyo.; the First National bank of Harrisouville, Mo.: and the Johnson County Savings bank of Warrensburg, Mo. The Traders' bank of Tacoma failed to open for business


Article from The Sun, July 27, 1893

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Other Bank Failures. MILWAUREE. July 26.-Specials to the Wisconsin report two small bank failures in the interior of the State. viz., the German Exchange Bank at Portage and John Lienlokken. a private banker at Lacrosse. The Portage bank is capitalized at $25,000. No statement of assets or liabilities is given. Lienlokken's liabilities are placed at $10.000. WASHINGTON, July 26.-The First National Bank of Grundy Centre. Iowa, has informed Comptroller Eckels that it expects to resume business Aug. 1 under a new management. The Farmers' National Bank of Henrietta. Tex.. and the Farmers' National Bank of Findlay. Ohio. which failed yesterday. expect to resume in a short time-the latter on Monday next. MANCHESTER. N. H., July 26.-C. M. Dorr of Somersworth. a national bank examiner. today took charge of the suspended National Bank of the Commonwealth. There is no change in the financial situation here. All banks are confident that the worst is over. locally. BRISTOL. Tenn.. July 26.-The Bristol Bank and Trust Company yesterday decided to go into voluntary liquidation. They have $80,000 assets. and owe depositors only $15,000. Unprofitable business is the cause.


Article from Arizona Weekly Citizen, July 29, 1893

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portado this morning. The comptroller received notice of the failure of the First National bank of Cheyenne and Farmers National bank at Henriqueta, Texas. TACOMA, Wash., July 21.-The Traders' bank failed to open its doors today. COLORADO NI DENVER, Colo., July 21.-No more failures are announced here today and none are expected. Confidence is being rapidly restored. Offers of assistance from the eastern banks have been received but were not needed. REOPENED. SAN BERNARDINO, Calif, July 21.-The First National bank this morning reopened its doors for business. Up to eleven o'clock less than 850 was paid out while deposits amounting to over $12,000 were made. ASALAND, Ky., July 21.-A report has just been received from Wise county, Virginia, that a fight took place Wednesday in that county between state troops and the Fleemans' gang of outlaws, in which four soldiers were killed and SIX of the outlaws mortally wounded. LONG ISLAND, N. Y., July 21.-Two entire blocks of buildings making up the business portion of the First ward together with other property, burned early this morning. More than a hundred families are homeless. The loss, $800,000, includes in property destroyed St. Mary's Roma Catholic church, just 000'00E$ JO 1800 B at completed SAN FRANCISCO, July 21.-Captain Barrett, to whom was attributed the story that the Mohican had been disabled by the Alexandria, arrived here today on the Walla Walla. He denies that he ever made any such statement and says he does not believe the reported fight ever occurred. He thinks the seizure of the sealer Alexander by order of Captain Ladlow, of the Mohican, was the foundation for the story. WASHINGTON, July 21.-The decision of the United States supreme court in the case of the Union Pacific versus Goodridge has just been reported. It holds that all shippers must be treated by the carrier with absolute equality and distinctly recognized the right of the law-making bodies to regulate railways through railway commissions, especially that feature of the state and federal regelation which requires that carriers obtain permission of the commission before granting lower rates to persons and places. The case was brought under the state of Colorado, which prohibits discrimination in practically the same language employed in the interstate commerce law. Discrimination is charged in the shipments of coal to Denver. TRA v-17 stat "I T received here this morning from one of the Chectaws in jail at Wilburton, stating that one of the condemned men had been informed by Judge Holden that sentence would be suspended until 'I 1sn.Snv NEW YORK, July 10.-Late this aftera can of naptha exploded in the Cardboll 'II T Jo Factory pasq THEME uoou at 211 Wolworth street, Brooklyn, killAlpea pus '(I 'f Bug Samuel K. Campbell, John The Weiss,Jacob Weiss and Matthew Daring. building ascompletely wrecked. LONDON, July 21. - The American champion swimmer, McCusker, defeated easily the ex-champion English swimmer, Finney, at Blackpool. The match was for ยฃ200 a side. McCusker has been challenged by the English swimmer, Nuttal, to race one mile for epis 8 0001$ NEW YORK, July 20.-David McClure was appointed receiver for the Truth Publishing company on application of the directors for the dissolution of the company. It was incorporated in December, 1892, with a capital stock of $200,000, succeeding to the business previously carried on by the News Letter company. CHIHUAHUA, July 21.-The great smelter at Chihuabua, and the Santa Eulalia mines, for which it was recently built, has shut down to await a rise in the price of silver. There has been a great decrease in amount of ores shipped from Mexthe ican mines to smelters in the United States during the past few weeks. MILTON MILLS, N. H., July 21.-The agent of the Waumleck company issued orders closing the mills here for six u! MOA spood the SB 0008 SB process of manufacture are finished. The reason assigned is lack of orders, except at ruinous prices. This is the first time in the history of the company that the works have been ordered to cease on account of the condition of the market, and the result may be a serious blow to the many employes. ASHINGTON, July 21.-Four hundred and fifty-four thousand ounces of silver were offered for sale to the treasury department today at prices ranging from seventy-one and a half to seventythree. Seventy-five thousand ounces were purchased at seventy-one and a half, the balance being declined and the same rate tendered. This makes the total purchases of silver for the month thus far 1,023,000 ounces. ASHINGTON, July 20.-While Treasurer Morgan is non-committal on the report that a defalcation exists in that the


Article from The Iola Register, August 4, 1893

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THE WORLD AT LARGE. Summary of the Daily News. WASHINGTON NOTES. RETURNS of national banks, in compliance with the call of Comptroller Eckels, show an unlooked for state of soundness. THE total number of pensioners under the act of act of June 27, 1890, who have been notified since the incoming of the present administration that the payment of their pensions has been suspended is approximately 5,250. A TELEGRAM has been received at the Interior department from Inspector Faison announcing that the legal shooting of the nine condemned Choctaws had been further postponed from August 4 to September 8. THE First national bank of Grundy Center, Ia., has informed Comptroller Eckels that it expects to resume business. The Farmers' national bank of Henrietta, Tex., and the Farmers' national bank of Findlay, O., also expect to resume. COMMISSIONER MILLER has submitted to Secretary Carlisle a preliminary report of the operations of the internal revenue bureau for the fiscal year. The total collections from all sources of revenue were $161,002,000, an increase of $7,145,000. SPECIAL AGENT SWINEFORD says there is much bad land in the strip. CHIEF JUSTICE FULLER has reversed the lower court's decree and remanded the world's fair Sunday closing case back for rehearing. SECRETARY CARLISLE is suffering from an attack of rheumatism. IT is positively asserted that there is no alliance between western republican senators and southern democratic senators to oppose the repeal of the Sherman law. THE president has issued a proclamation including Portugal within the benefits of the international copyright act. THE Russian legation at Washington will be raised to an embassy shortly. DR. A. W. WHEELER, the United States treasury department's agent, reports that there is no danger of an epidemic of cholera. PRIVATE SECRETARY THURBER has announced the following appointments as made by the president: James T. Kilbreth, of New York city, collector of customs for the district of New York, vice Hendricks. resigned; Walter Y. Burm, of Cooperstown, N. Y., appraiser of merchandise for the district of New York, vice Cooper, resigned.


Article from Asheville Daily Citizen, August 4, 1893

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BANK KEEMBARRASSMENTS. Several of Them Close Their Dvors-One Resumes. WASHINGTON, Aug. 4.-Treasury officials are advised that the National German American bank of St. Paul, capital $2,000,000; the First National bank of Harmond, Ind., capital $50,000, and the Citizens' National bank of Muncie, Ind., capital $200,000. closed their doors to business this morning. Bank Examiner Gannon, on orders from Washington, closed Texas National bank of San Antonio, Tex., today. Comptroller Eckels has authorized the Farmer's National bank of Henrietta, Tex., to resume business. MUNCIE, Ind., Aug. 4.-The Citizens' National bank, one of the oldest and soundest banks in the city, suspended business this morning. Withdrawal of deposits and inability to realize on paper were the causes. President Kerwood claims assets as two to one. Three other banks in the city preparing for the worst, as the people are greatly excited over the failure. LEBANON, Aug. 4.-The Lebanon Trust and Safe deposit bank failed to open its doors this morning. The bank is a State institution with a capital of $50,000. ST. PAUL,Minn., Aug. 4.-The Peoples' Saving bank, one of the small concern, of the city, closed its doors at noon today.


Article from Evening Star, August 5, 1893

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P It Can Resume. The Farmers' National Bank of Henrietta, Texas, which suspended payment July 21, having complied with the conditions imposed by the controller of the currency and its capital stock being unimpaired, has been permitted to reopen its doors for business.


Article from New-York Tribune, August 5, 1893

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BANK EXAMINER APPOINTED. Washington, Aug. 4.-Treasury officials are arvised that the National German American Bank of St. Paul, Minn., capital, $2,000,000; the First National Bank of Hammond, Ind., capital, $50,000, and the Citizens' National Bank of Muncie, Ind., capital, $200,000, closed their doors to business this morning. Bank Examiner Gannon, on orders from Washington, closed the Texas National Bank, of San /Antonio, to-day. Controller Eckels has authorized the Farmers' National Bank, of Henrietta, Texas, to resume business. The Controller appointed D. W. Lawler, a bank examiner, and directed him to take charge of the German American, at St. Paul. Examiner Ford is assigned to the charge of the Citizens', of Muncie, Ind., and Examiner Packard, of the First National, of Hammond, Ind. The German-American, of St. Paul, usually carried a line of individual deposits of more than $3,000,000,but this was reduced at the date of its last report to less than $2,000,000. Its surplus fund and undivided profits were noted at $261,000.


Article from Fort Worth Gazette, August 6, 1893

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BUSINESS. BANK REOPENED. HENRIETTA, Texas. Aug. 5.-(Special.)-The Farmers' National bank resumed business this morning. Both of our banks which suspended two weeks ago, are now open and are doing business, enjoying the confidence of the people.


Article from Evening Star, August 29, 1893

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BANKS HAVE RESUMED. Those That Were Temporarily Embarrassed Now All Right. Controller Eckels has prepared the following statement of banks which temporarily suspended during the late stringency and have since resumed business: Black Hills National Bank, Rapid City, S. D., capital stock, $125,000; Gate City National Bank, Atlanta, Ga., $250,000; Capital National Bank, Indianapolis, Ind., $300,000; Washington National Bank, Spokane Falls, Wash., $250,000: First National Bank, Palouse city, Wash., $75,000; Southern California National Bank, Los Angeles, Cal., $200,000; First National Bank, Los Angeles, Cal., $200,000; First National Bank, San Diego, Cal., $300,000; First National Bank, Santa Ana, Cal. $150,000; First National Bank, Kendallville, Ind., $50,000; First National Bank, San Bernardino, Cal., $100,000; Second National Bank, Ashland, Ky., $50,000; First National Bank, Rico, Col., $50,000; National Bank of Commerce, Provo City, Utah, $50,000; First National Bank, Cisco, Texas, $50,000; American National Bank, Leadville, Col., $100,000; Central National Bank, Pueblo. Col., $50,000; Missouri National Bank, Kansas City, Mo., $250,000; First National Bank, Fort Scott, Kan., $300,000; Union National Bank, Denver, Col., $1,000,000; National Bank of Commerce, Denver, $500.000: Hutchinson National Bank, Hutchinson, Kan.. $100,000; People's National Bank, Denver, Col., $600,000; First National Bank, Anthony, Kan., $50,000; Greeley National Bank. Greeley, Col., $50,000; Farmers' National Bank, Henrietta, Tex., $50,000; State National Bank, Vernon, Tex., $100,000; Fourth National Bank, Louisville, Ky. $300.000; First National Bank, The Dalles, Ore., $50,000; Waupaca County National Bank, Waupaca, Wis., $50,000; Waxahachee National Bank, Waxahachee. Tex., $100,000; CitIzens' National Bank, Attica, Ind., $50,000; First National Bank. San Marcos, Tex., $80,000; First National Bank, Lockhart, Tex., $50,000. Total capital stock of $6,030,000. Since January 1 last 154 national banks have suspended. Of this number one has gone into voluntary liquidation, 57 have been placed in the hands of receivers, 62 are in the hands of national bank examiners with excellent prospects of early resumption, in addition to the 34 above named which have already resumed business.


Article from New-York Tribune, August 30, 1893

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THESE BANKS HAVE RESUMED BUSINESS GOOD PROSPECTS FOR MANY OTHER OF THE SUSPENDED INSTITUTIONS. 'Vashington Aug. 2,-Controller Eckels has prepared the following statement of banks which temporarily suspended during the late stringency and have since resumed business: Black Hills National Bank, Rapid City, S. D., capital stock $125,000; Gate City National Bank, Atlanta, $250,000; Capital National Bank, Indianapolis, $300,000; Washington National Bank, Spokane Falls, $250,000: First National Bank, Palouse City, Wash., $75,000: Southern California National Bank, Los Angeles. $200.000: First National Bank, Los Angeles, $200,000; First National Bank, San Diego, $300,000; First National Bank, Santa Ana, $150,000; First National Bank, Kendallville, Ind., $50,000; First National Bank, San Bernardino, $100,000; Second National Bank, Ashland, Ky., $50,000; First National Bank, Rico, Col., $50,000; National Bank of Commerce, Provo City, Utah, $50,000; First National Bank, Cisco, Tex., $50,000; American National Bank, Leadville, Col., $100,000; Central National Bank, Pueblo, $50,000; Missouri National Bank, Kansas City, $250,000; First National Bank, Fort Scott, Kan., $300,000; Union National Bank, Denver, $1,000,000; National Bank of Commerce, Denver, $500,000; Hutchinson National Bank, Hutchinson, Kan., $100,000; People's National Bank, Denver, $600,000; First National Bank, Anthony. Kan., $50,000; Greeley National Bank, Greeley, Col., $50,000; Farmers' National Bank, Henrietta, Tex., $50,000; State National Bank, Vernon, Tex., $100,000; Fourth National Bank, Louisville, Ky., $300,000; First National Bank, The Dalles, Ore., $50,000; Wanpaca County National Bank, Waupaca, Wis., $50,000; Waxahackie National Bank, Waxahackie, Tex., $100,000; Citizens' National Bank, Attica, Ind., $50,000; First National Bank, San Marcos, Tex., $80,000; First National Bank, Lockhart, Tex., $50,000; total, $6,030,000. Since January 1 last 145 National banks have suspended. Of this number, one has gone into voluntary liquidation, fifty-seven have been placed in the hands of receivers, sixty-two are in the hands of National Bank Examiners with excellent prospects of early resumption, in addition to the thirty-four above named, which have already resumed.


Article from The Times, September 3, 1893

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BANKS HAVE RESUMED. Those That Were Temporarily Embarrassed Now All Right. WASHINGTON, D. C. Sept. 1.Controller Eckels has prepared the following statement of banks which temporarily suspended during the late stringency and have since resumed business: Black Hills National Bank, Rapid City, S. D., capital stock, $125,000; Gate City National Bank, Atlanta, Ga., $250,000; Capital National Bank, Indianapolis, Ind., $300,000; Washington National Bank, Spokane Falls, Wash., $250,000; First National Bank, Palouse city, Wash., $75,000: Southern California National Bank, Los Angeles, Cal: $200,000; First National Bank, Los Angeles, Cal., $200,000; First National Bank, San Diego, Cal., $300,000; First National Bank, Santa Ana, Cal., $150,000; First National Bank, Kendallville, Ind., $50,000; First National Bank, San Bernardino, Cal., $100,000; Second National Bank, Ashland, Ky., $50,000; First National Bank, Rico, Col., $50,000; National Bank of Commerce, Provo City, Utah, $50,000; First National Bank, Cisco, Texas, $50,000; American National Bank, Leadville, Col., $100,000; Central National Bank, Pueblo, Col., $50,000; Missouri National Bank, Kansas City, Mo., $250,000; First National Bank, Fort Scott, Kan., $300,000; Union National Bank, Denver, Col., $1,000,000; National Bank of Commerce, Den ver $500,000; Hutchinson National Bank, Hutchinson, Kan., $100,000; People's National Bank, Denver, Col.,$600,000; First National Bank, Anthony, Kan., $50,000; Greeley National Bank, Greeley, Col., $50,000; Farmer's National Bank, Henrietta, Tex., $50,000; State National Bank, Vernon, Tex., $100,000; Fourth National Bank, Louisville, Ky., $200,000; First National Bank, The Dalles, Ore., $50,000; Waupaca County National Bank, Waupaca, Wis., $50,000: Waxabachee National Bank, Waxabachee, Tex., $100,000; Citizen's National Bank, Attica, Ind., $50,000; First National Bank, San Marcos, Tex., $80,000; First National Bank, Lockhart, Tex., $50,000. Total capital stock of $6,030,000. Since January 1 last 154 national banks have suspended. Of this number one has gone into voluntary liquidation, 57 have been placed in the hands of receivers, 62 are in the hands of national bank examiners with excellent prospects of early resumption, in addition to the 34 above named which have already resumed business.


Article from The Globe-Republican, September 8, 1893

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NATIONAL BANKS RESUME. Comptroller Eckels Furnishes Quite a Long List. WASHINGTON, Aug. 31.-Comptroller Eckels has prepared the following statement of banks which temporarily suspended during the late stringency and have since resumed business: Black Hills national bank, Rapid City, S. D.; capitalstock. $25,000. Gate City national bank, Atlanta, Ga; $250,000. Capital national bank, Indianapolis, Ind; $300,000. Washington national bank. Spokane Falls, Wash: $250,000. First national bank. Palouse City, Wash; $75,000. Southern California national bank, Los Angeles, Cal: $200,000. First national bank. Los Angeles, Cal.: $200,000. First national bank, San Diego, Cal.: $300,000. First national bank, Santa Ana. Cal : $150,000. First national bank, Kendalisville, Ind: $50, 000. First national bank, San Bernardino, Cal.; $100,000. Second national bank, Ashland, Ky.; $50,000. First national bank Rico. Col: $50,000. National Bank of Commerce, Provo City, Utah: $50,000. First national bank. Cisco, Tex.: $50,000. American national bank, Leadville, Col.; $100,000. Central national bank, Pueblo, Col: $50,000. Missouri national bank, Kansas City, Mo.; $230,000. First national bank, Fort Scott, Kan: $300,000. Union national bank, Denver, Col.; $1,000,000. National Bank of Commerce, Denver, Col: $500,000 Hutchinson national bank, Hutchinson, Kan: $100,000. People's national bank, Denver, Col.; ยฃ600,000. First national bank, Anthony, Kan: $50,000. Greeley national bank, Greelev, Col.: $50,000. Farmers' national bank, Henrietta, Tex.; $50,000. State national bank, Vernon. Tex: $100,000. Fourth national bank. Louisville, Ky.; 8300,000. First national bank. The Dalles, Ore: $50,000. Waupaca County national bank, Waupaca, Wis: $50,000. Waxahachie national bank, Waxahachie, Tex.: $100,000. Citizens' national bank, Attica, Ind: $50,000. First national bank, San Marcos, Tex: $80,000. First national bank, Lockhart, Tex: $50,000. Total capital stock, $6,030,000. Since January 1 last 154 national banks have suspended. Of this number, one has gone into voluntary liquidation, fifty-seven have been placed in the hands of receivers, sixty-two are in the hands of bank examiners with excellent prospects of early resumption, in addition to the thirty-four above named which have already resumed business.