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WESTERN CITIES-FINANCIAL FLURRIES IN OMAHA. KANSAS CITY AND DETROIT. Omaha, Neb., June 13.-There was a run on every savings bank in the city this morning cipitated by the failure of the McCague Savings Bank yesterday, followed by the downfall this morning of the American National Bank, in which the McCagues are largely interested. It was unofficially stated yesterday that the Clearing House Association would stand by its members, of which the American National is one. but when the assets of the American National Bank came to be examined, they were pronounced not good enough. and the aid of the associated banks was withheld. The ominous sign appeared on the door this morning, and the crowd which had collected became greatly excited. The McCagues tried to reassure the depositors, telling them that every account would be paid in full. At the Omaha Savings Bank, the German Savings Bank. the American Savings Bank, the Globe Loan and Trust Company and other institutions there was a steady drain of deposits all morning. Cash was paid out as soon as called for, and there was no apparent limit to it Toward noon the lines had dwindled until they appeared no larger than upon any day of business. Bank Examiner Griffith. who took charge of the American National for the Controller this morning, could not say much about the assets. A great deal of paper, which is thought not to be first-class, figures in the resources of the bank. The talling of in deposits amounted to nearly $200,000 since May 4. and this has badly crippled the institution. The Dime Savings Bank compellid its depositors to give sixty days' notice of withdrawal. This action. together with the promittness with which the other banks met all demands, is believed to have stopped what almost promised to be a panic. The last statement of the American National Bank, on May 4. showed a capital stock of $200,000: loans and discounts, $531,690: surplus, $16,000; undivided profits, $5,161 : due depositors. 8577,526. The American Savings Bank took advantage of the sixty-day rule and refused to pay depositors. The Globe and Trust Company paid off 50 per cent of the deposits and held the balance under their rules. The run on the Omaha Savings Bank continued in force this afternoon. and hundreds of depositors crowded the bank and the street in front Senator Manderson and Vice-President Kimball. of the Union Pacific. directors of the bank. made extended speeches to the crowd, and announced that the bank was prepared to pay every dollar, but the run continued Kansos City, JULC 16.-As a result of the aus. pension vesterday of the People's Savings Bank, an insignificant institution with deposits of only $25,000. a run was started this morning on the Kansas Safe Deposit and Savings Bank. The bank took advantage of that clause of its bylaws requiring depositors to give thirty days' notice of the withdrawal of deposits. That checked the run, and at noon it was practically a over. None of the other banks experienced run. Just why the Kansas City Safe Deposit and Savings Bank should have been selected for a run is a mystery. If is the largest and one of the soundest institutions of the kind in the whole State, and has the confidence of the banks and merchants generally Nankato. Kan., June 15.--The Bank of Bur Oak. Jewell County. closed its doors yesterday merning. The bank was owned by Halbert Brothers. and the liabilities are placed at $35,000 The assets are practically nothing. C. D. Hulbert. one of the proprietors of the institution, has fled The depositors are greatly incensed, and if he should return. either of his own accord or to answer to a criminal charge, there being some inclination among the depositors of preferring such a charge. he would be roughly dealt with Lansing, Mich., June 3.-State Bank Commissioner Sherwood yesterday applied to the Circuit Court for the appointment of a receiver for the Ingham County Savings Bank, which failed several weeks ago. An order was made to show cause why such action should not be taken. returnable June 24. The bank officers yet hope to obtain necessary subscriptions to the capital to warrant a reopening Advices have been received by Mr. Sherwood from Crystal Falls, Upper Michigan, that the State Bank of Crystal Falls has suspended payment. The bank was organized about a year ago with a capital of $25,000. it had deposits of $60,000. The cause of the failure was the suspension of the Plankinton Bank of Milwaukee Detroit, June 13.-For some time there has been an uneasy feeling in the banking atmosphere of this city occasioned by the numerous failures in savings institutions that have recently occurred throughout the country, especially in the West. Although until this morning there had not been a decided run on any of the savings banks of Detroit, considerable money has been withdrawn in a quiet way. and to forestall any movement that might result disastrously to them. and as an act of mutual protection, the officers of these institu. tions met last night and adopted the following notice to depositors: There has recently been developed in our city an un. easiness among savings de positors. which has been (without cause) directed against some of our -trongest banks To stop the needless withdrawal of deposit. and the lock. ing ⑉2 of currency in time of financial stringency. the undersigned banks respectfully decide. in the event of unusual demands upon them, and to insure equal protection to all their depositors, to require the notice provided for in the by-laws of the several banks We would, there. fore, ask our depositors to review the situation calmly, and accept with patience our action. which is taken in our mutual interest and for the benefit of this community at large. PEOPLE'S SAVINGS BANK. MICHIGAN SAVINGS BANK. DETROIT SAVINGS BANK. CITIZENS' SAVINGS BANK. HOME SAVINGS BANK. CITY SAVINGS BANK. WAYNE COUNTY SAVINGS BANK. CENTRAL SAVINGS BANK. DETROIT RIVER SAVINGS BANKA PENINSULAR SAVINGS BANK. DIME SAVINGS BANK. GERMANAMERICAN BANK. AMERICAN BANKING AND SAVINGS ASSOCIATION STATE SAVINGS BANK. When the doors of the People's Savings Bank,
