Second National Bank - Rockford, IL

1. October 15, 1896 Evening Star Washington, DC

Article from Evening Star, October 15, 1896

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Rockford, III., Bank Suspends. The controller of the currency was today informed of the suspension of the Second National Bank of Rockford, III., and he directed Bank Examiner Cook at Ottawa. III., to take charge of the bank. According to last reports, this bank had a capital of $200,000; surplus and undivided profits, $70,000; individual deposits, $320,000; assets, $71,000; loans and discounts, $379,000. The average reserve during the last thirty days has been per cent above the legal requirement. The failure is attributed to the bank's failure to realize upon its assets.

2. October 15, 1896 Santa Fe Daily New Mexican Santa Fe., Santa Fe, NM

Article from Santa Fe Daily New Mexican, October 15, 1896

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BUFFALO BANK FAILURE. Owing to Heavy Withdrawals, Bank of Commerce Suspends-One of the Leading Financial Institutions of Buffalo. Buffalo, N. Y. Oct. 15.-At 2 o'clock this morning the directors of the Bank of Commerce, one of the leading financial institutions of this city, announced that, owing to heavy withdrawals, the bank was compelled to suspend business and place its affairs in the hands of the banking department for examination. The withdrawals have recently been quite large. The directors expect the bank to be able to resume business in a short time. The bank was organized in July, 1873, and is quoted as having $800,000 surplus and a capital of $400,000. It was supposed to be one of the soundest financial institutions in the city. BANK FAILURE IN ILLINOIS. Washington.-The comptroller of the currency has received a telegram announcing the failure of the Second National bank of Rockford, Ill. Bank Examiner D. A. Cook has been placed in charge. The bank has a capital of $200,000 and at its last report its deposits were $320,000. Inability to realize on assets is given as a cause of the failure.

3. October 15, 1896 The Evening Times Washington, DC

Article from The Evening Times, October 15, 1896

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Business Failures. Buffalo, N. Y., Oct. 15.-The Bank of Commerce has suspended business pending an examination into its affairs by the banking department. The directors state that on account of large withdrawals they decided to take this step. Rockford, III., Oct. 15.-The Second National Bank, the oldest financial institution of the city, has gone into voluntary liquidation. The result is due to a steady shrinkage of deposits since July 1. The clearing house states that depositors will be paid

4. October 16, 1896 The Indianapolis Journal Indianapolis, IN

Article from The Indianapolis Journal, October 16, 1896

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Other Business Troubles. PHILADELPHIA, Oct. 15.-A judgment for $11,000 was entered to-day against the wholesale clothing firm of Hexter Bros., doing business at 432 Market street. Their creditors are mostly in New York city and Philadelphia. The liabilities, it is announced, will reach about $170,000, and the failure is said to be due to stringency in the money market, which caused the banks to curtail discount accommodations. The house is an old and reputable one, and its credit has never been questioned heretofore. The firm was credited with a capital of $200,000 and has been meeting its merchandise obligations regularly. CINCINNATI, Oct. 15.-The brokerage firm of E. L. Harper & Co. closed their books last night, being compelled to make settlements. This caused reports to-day that Harper had assigned. but these reports are not correct. The doors of the firm were open to-day and it was doing business as usual, but a stock company is to be formed with Harper as president and manager and the affairs of the old firm are to be closed up. as it was unable to carry any more unpaid accounts. WASHINGTON, Oct. 15.-The Controller of the Currency has received a telegram announcing the failure of the Second National Bank of Rockford, III. Bank Examiner D. A. Cook has been placed in charge. The bank has a capital stock of $200,000 and at the date of its last report had deposits to the amount of $320,000 and undivided profits aggregating $70,000. Inability to realize on its assets is given as the cause of the failure.

5. October 16, 1896 New-York Tribune New York, NY

Article from New-York Tribune, October 16, 1896

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AN ILLINOIS BANK SUSPENDS. Rockford, III., Oct. 15.-The Second National Bank, the oldest financial institution in the city, has gone into voluntary liquidation. The result is due to a steady shrinkage of deposite since July 1. The Clearing House states that depositors will be paid In full. and the bank will ultimately reorganize.

6. October 16, 1896 Rock Island Argus Rock Island, IL

Article from Rock Island Argus, October 16, 1896

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ABBREVIATED TELEGRAMS. The Second National bank at Rockford, Ills., has suspended. The bank will be reorganized, and its obligations will be discharged in full. Colonel Francis L. Town, assistant surgeon general, U. S. A., at his own request has been placed on the retired list of the army, having served more than thirty years. The Bancroft, concerning whose trip to the Mediterranean sensational reports have been published, has arrived at Smyrna. Roy G. Schroeder, 4 years old, lies at his parents' home in Chicago in a critical condition. A savage bloodhound leaped over a fence into the street, where a number of children were playing, and terribly mangled little Roy. Among the incidents of registration at Detroit was the refusal of Mayor Pingree to register, because the officials demanded his age, which he refused to give. He has lost his vote. Senator Gillham's son declares the story of Wyatt's confession of the murder of Senator Gillham a fake. He declares Wyatt made no such confession. Dr. Herman Rakenius, of Chicago, who has been trying ever since last April to secure the possession of his two chiddren, Elsa, a girl of 15, and Carl, a boy of 12. has been awarded their custody by Country Commissioner Harper at Milwaukee. Seven tickets filed with the secretary of state of Missouri will appear on the official ballot. Postmaster General Wilson will make his first speech in behalf of the Palmer and Buckner ticket at Charlestown, W. Va., his home, tomorrow afternoon. Mrs. Lizzie Cline, aged 70, has brought suit at Perry, O. T., against her husband, C. A. Cline, who is aged 73, for divorce. The couple were pioneers in Ohio, and were married fifty years ago. Prince Michael Hilkoff, imperial minister of ways and communication of Russia, spent a day in Pittsburg looking over the Carnegie and other plants. An earthquake of great force has just shaken the city of Valparaiso, Chile. The shock was accompanied by alarming noises from the earth, but the damage done was slight. Chicago capitalists are negotiating for land in the Kankakee region near LaPorte, Ind., for the purpose of manufacturing binding twine and building paper from swamp grass. According to the New York Herald's correspondent at Cadiz, Spain. if Spain has not put down the insurrection in Cuba by March 1 next it is the intention of the government to give up the struggle and let the island go. Missouri's great Republican leader, Chauncey I. Filley, failed to register and cannot vote. The J. & P. Coates company, limited, of Giasgow, has bought Clark's MileEnd Thread mills at Newark, N. J. The price paid is sold to have been $1,250,000. Obituary: At Alto. Ind., William Harrison Finch, aged 74; at Warrington, Ind., Dr. R. D. Hanna; at Bay City,Mich., James Shearer, aged 73.

7. October 17, 1896 The Seattle Post-Intelligencer Seattle, WA

Article from The Seattle Post-Intelligencer, October 17, 1896

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CONDENSED DISPATCHES. The Bay State Gas Company, which operated the fourteen gas works of Boston, has gone into the hands of receivers. The comptroller of the currency has received a telegram announcing the failure of the Second National bank of Rockford, III. The bank has a capital of $200,000; and at last report deposits of $320,000 and undivided profits of $70,000. Inability to realize on assets is given as the cause of the failure.

8. October 17, 1896 The Diamond Drill Crystal Falls, MI

Article from The Diamond Drill, October 17, 1896

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LATER. Mrs. Col. Vernon, of Red Key, Ind., gave her two small children a dose of poison and then poisoned herself. No cause is known for the deed. Michael Boyd and a man named Murphy were asphyxiated in a large gas tank at Syracuse, N.Y. Thomas White Ferry, ex-United States senator, died at his residence in Grand Haven, Mich., from cerebral apoplexy, aged 69 years. The Marine national bank at Duluth, Minn., suspended with heavy liabilities. The Second national bank. the oldest financial institution in Rockford, III., closed its doors, having gone into voluntary liquidation. Settlers in Ontonagon and Gogebic counties, Mich., were meeting with heavy losses by forest fires. The Bank of Commerce, one of the leading financial institutions in Buffalo, N. Y., suspended because of heavy withdrawals. The Union Pacific fast mail was held up by three masked men near Uintah, Utah, and the mail car was robbed. James Michael, the Welshman, broke the world's five-mile bicycle record ons the Garfield park track in Chicago, his time being 9:17 1-5. A gang of masked men looted the little town of Peryear, Tenn., and then started fires in many places, but the were extinguished with small loss. ) George Harris, William Smith an Charles Jones were killed and two cit! zens were wounded during an attemp to rob the bank at Meeker, Cal. Cummings Bros., exporters of hard wood lumber and logs at Houston, Texa failed for $100,000. Three men were fatally injured anti 20 others were more or less seriously injured in a trolley accident at a rail way crossing in Hazleton, Pa. J. A. White shot and killed Richard M. Adams and William Jackson, police officers who were trying to arrest him at Columbus, Ga., and was himself shot dead. In a wreek on the Florida Central road near Swansea, Gr... Baggage Master Lines and Mail Clerk Thomas were pinned down in the debris and burned to death. The annual report of the third assistant postmaster general for the past fiscal year shows that the total expenditure for the year was $90,626,296 and receipts $82,499,208, leaving a deficiency of $8,127,088, or a reduction of $1,679,956 less than the preceding year.

9. October 21, 1896 The Ely Miner Ely, MN

Article from The Ely Miner, October 21, 1896

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THE NEWS. Compiled From Late Dispatches. DOMESTIC. Gen. Edward S. Bragg, of Wisconsin, has been appointed by Attorney-General Harmon especial assistant to the United States district attorney for the eastern district of Wiscons:n. For the first time in the history of New York state courts women were appointed receivers in supplementary proceedings of insolvency in New York city. A statement prepared by the bureau of mints shows that during the month of September last the mints of the United States coined 2,700,100 silver dollars. The Cooperative Fruit company of New Castle, Cal., failed for $100,000. The notorious Bill Green gang of desperadoes. composed of Bill, Edward and Arthur Green, was found near Oologah, I. T., and Bill and Edward were killed by the officers. The barkentine Thomas J. Stewart, of Boston, was lost at sea with her crew of 11 men. An organized effort is being made in South Dakota to boycott the hard coal combine throughout the northwest by inducing as many consumers as possible to substitute corn for fuel. Later advices from the storm on the Atlantic coast say that the property damage at Coney Island and other places in the vicinity will amount to over $500,000. Six lives were also lost. The Sherburne (Minn.) bank robbers have been identified as Lu Kellihan and his brother Hans, the latter, who was killed by his captors, being only 18 years old. Knights of the Golden Eagle from nearly every part of the United States met at Reading, Pa., in annual convention. The first irrigation fair in the history of the west opened at North Platte, Neb., with many thousands in attendance. George Harris, William Smith and Charles Jones were killed and two citizens were wounded during an attempt to rob the bank at Meeker. Cal. The Marine national bank at Duluth, Minn., suspended with heavy liabilities. Cummings Bros., exporters of hardwood lumber and logs at Houston, Tex., failed for $100,000. The J. & P. Coates company of Glasgow, Scotland, has bought Clark's MileEnd thread mills at Newark, N. J., for $1,250,000. Three men were fatally injured and 20 others were more or less seriously injured in a trolley accident at a railway crossing in Hazieton, Pa. The Second national bank. the oldest financial institution in Rockford. III., closed its doors, having gone into voluntary liquidation. James Michael, the Welshman, broke the world's five-mile bicycle record on the Garfield park track in Chicago, his time being 9:17 1-5. The annual report of the third assistant postmaster general for the past fiscal year shows that the total expenditure for the year was $90,626,296 and receipts $82,499,208, leaving a deficiency of $8,127,085. or a reduction of $1,679,956 less than the preceding year. J. A. White shot and killed Richard M. Adams and William Jackson, police officers who were trying to arrest him at Columbus, Ga., and was himself shot dead. Michael Boyd and a man named Murphy were asphyxiated in a large gas tank at Syracuse, N. Y. In a wreck on the Florida Central road near Swansea, Ga., Baggage Master Lines and Mail Clerk Thomas were pinned down in the debris and burned to death. The Bank of Commerce, one of the leading financial institutions in Buffalo, N. Y., suspended because of heavy withdrawals. The Military Order of the Loyal Legion of the United States at its annual meeting in Philadelphia elected Rear Admiral Bancroft Gherardi, U. S. N., commander-in-chief. Settlers in Ontonagon and Gogebic counties, Mich., were meeting with heavy losses by forest fires. The president has appointed Robert A. Smith postmaster at St. Paul, Minn. The appointment ends a long contest over the office. Four members of the volunteer fire department of Blue Island, III., have been placed under arrest charged with burning the principal business block in that place some time ago.

10. October 22, 1896 River Falls Journal River Falls, WI

Article from River Falls Journal, October 22, 1896

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At New Castle, Cal., the Cooperative Fruit company failed for $100.000. Three masked men held up the Union Pacific fast mail near Uintah, Utah, and the mail car was robbed. In South Dakota an organized effor C is being made to boycott the hard coal combine throughout the northwest by inducing as many consumers as possible to substitute corn for fuel. At Red Key, Ind., Mrs. Col. Vernon gave her two small children a dose of poison and then poisoned herself. No cause is known for the deed. John B. Hamilton, surgeon-general of the United States marine hospital, stationed in Chicago, sent in his resignation to President Cleveland. Masked men looted the little town of Peryear, Tenn., and then started fires in many places, but they were extinguished with small loss. On the Garfield park track in Chicago James Michael, the Welshman, broke the world's five-mile record, his time being 9:17 1-5. William Smith, George Harris and Charles Jones were killed and two citizens were wounded during an attempt to rob the bank at Meeker. Cal. At Duluth, Minn., the Marine national bank suspended with heavy liabilities. The oldest financial institution in Rockford, III., the Second national bank, closed its doors, having gone into voluntary liquidation. At Columbus, Ga., J. A. White shot and killed Richard M. Adams and William Jackson, police officers who were trying to arrest him, and was himself shot dead. By a wreck on the Florida Central road near Swansea, Ga., Baggage Master Lines and Mail Clerk Thomas was pinned down in the debris and burned to death. At Baltimore, Md., the Manchester Cigar Manufacturing company failed for $100,000. It is reported that if Spain does not put down the insurrection in Cuba by March 1 next it is the intention of the government to give up the struggle and to let the island go. The Fifteenth infantry, U. S. A., left for Fort Bayard, N. M., after a residence of six years at Fort Sheridan, near Chicago. Col. Robert H. Hall, of the Fourth infantry, succeeds Col. Crofton as commandant of Fort Sheridan. At the age of 69 years Thomas White Ferry, ex-United States senator, died at his residence in Grand Haven, Mich., from cerebral apoplexy. J. S. Miller, a farmer living four miles north of Linden, Wash., lost his house by fire and six children were burned to death. Near Piedmont, Mo., John Imboden. aged 23, killed his sister, brother and an old man named Jacob Wilhelm who made his home with the Imbodens. George McKerrow, of Wisconsin, was elected president at the session in Chicago of the International Association of Farmers' Institutes. At the annual meeting in Manchester, la., J. II. Brigham, of Delta, 0, president of the National Grange, said that there are now nearly 100,000,000 members, and 27,000 granges in the United States. At a political meeting in Shelbyville, Ind., an anvil burst and balf of it was blown through a window in the residence of John Lansing, fatally injuring two children who were sleeping in the room. At Indianapolis, Ind., Rev. John W. Milam, pastor of the Madison Avenue M. E. church, and his wife have both been declared insane. Overwork on illness on her nort were

11. October 22, 1896 Crawford Avalanche Grayling, MI

Article from Crawford Avalanche, October 22, 1896

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TWO BANKS FAIL. Second National of Rockford, and Bank of Commerce, Buffalo. The Second National Bank of Rockford, Ill., has suspended. Comptroller Eckels, who received a dispatch to that effect, said: "Its statement on Oct. 6 showed its capital stock to be $200,000; surplus and undivided profits, $70,000; deposits, $320,000; assets, $717,000; loans and discounts, $379,000. Its uverage réserve for the past thirty days was 3½ per cent. above the legal requirements. The troub.s, I understand, was its difficulty in collecting certain obligations due it." The bank will be reorganized, and its obligations will be discharged in full The directors of the Bank of Commerce, one of the leading financial institutions in Buffalo, N. Y., announced that, owing to the heavy withdrawals, the bank was compelled to suspend business and place its affairs in the hands of the banking department for examination. Nothing can be learned as to the assets and liabilities.

12. October 24, 1896 Perrysburg Journal Perrysburg, OH

Article from Perrysburg Journal, October 24, 1896

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Condensed. The News DOMESTIC. Important Intelligence From All Parts. and Smith Harris, William killed and two citito Charles were wounded Cal. zens George Jones were Meeker. during an attempt hard. the bank at exporters of wood lumber Cummings rob and Bros.. logs at Houston, Tex., Glasfailed for & $100,000. P. Coates company Clark's of Milegow. The thread Scotland, J. mills has at bought Newark, N. J., and for $1,250,000. End There men were more fatally or less injured seriously rail20 others were trolley accident Pa. at a oldinjured crossing in a in Hazleton. bank. the way Second national in Rockford, into est closed its The financial institution doors, having gone broke voluntary Ill., liquidation. the Welshman. his ou James world's Michael. five-mile track bicycle in Chicago, record the Garfield park 1-5. time the being annual 0:17 report of the for third the past assistant The postmaster that general the total expendi- and refiscal year shows WAS $90,626,296 deficiency or ture $82,499,208. reduction of the preceding less than shot and killed 956 ceipts of $8,127,088. for A. White the year a leaving Jackson. a year. Richard $1,679, police at Columbus. J. Adams and William trying to himself arrest shot him M. officers who were Ga., and was Murdead. Michael asphyxiated Boyd and a man in named a large gas tank phy were at Syracuse. on N.Y the Florida Central MasIn near a wreck Swansea, Clerk Ga., Baggage Thomas were ter road Lines down and in Mail the debris and burned the pinned to death. The Bank of Commerce, institutions one in of heavy Bufleading N. Y., financial suspended because of Lefalo. withdrawals. Order of the Loyal annual The Military the United States elected at its Rear gion meeting of in Bancroft Philadelphia Gherardi, U. S. N., Admiral commander-i Settlers in r-in-chief. Ontonagon were meeting and Gogehic with counties, Mich., forest fires. heavy losses president by has appointed at St. Paul, Robert Minn. A. The Smith appointment postmaster ends a long contest fire The over the office. of the volunteer have Four members Blue Island, III., with department under of arrest charged block been placed principal business burning the time ago. place of Red of in Mrs. that Col. Vernon. some children Key. a dose Ind., No her two small poisoned herself. and for the deed. gave poison is known then Hamilton, cause surgeon-gen- hosDr. John B. States marine in his eral of stationed the United in Chicago, Cleveland. sent pital, to President mail was held resignation Pacific fast near Uintah, and the men masked up The by three Union the masked mail car men was robbed. looted then town of places, Utah. A gang of Peryear. Tenn., and but they little many small loss. started Hampden. were xunguished fires William in Clarke, with wife of and then Capt. and killed his was the cause. Me., shot Jealousy that the of shot himself. statement says deficit of fiscal year A treasury October shows a to date the $6,739,873 first half and for the total receipts $91,575. for $30,934,009. The have been 670 and the fiscal of year to expenditures date have aggreand crockIndiamapolis ery gated The establishment wholesale $122,509,670. was chinaware of gutted Pearson by & fire, freight Wetzel the in loss being collision $75.000. between Miss., two Will In a near Meridian, Zip Alexander, 40 were were Tulsche. trains engineer. instantly and killed and fireman, wrecked. Manufacturing cars The Manchester at Baltimore. Cigar Md., failed Colorado for union $100,000. company annual meeting InternationalType in reelected Springs, At the Col., of the William P. Prescott. president, of graphical Toronto. Ont.. was labor law president passed. and J. a H. nine-hour Brigham, Grange, of Delta, said O., at the that an. the National in Manchester. members la., of meeting 1,000,000 States. nual are now nearly in the United Hexand there 27,000 granges clothing firm failed of for The Brothers wholesale in Philadelphia Fort $170,000. 1er a residence of six the years Fifteenth at After near Chicago. for Fort Bay Sheridan. U. S. A., Robert left H. Hall, of the infantry. N. M. Col. succeeds Col Crofton Fourth ary. infantry. of Fort Sheridan. of Wilming as commandant Donoghue communder of ton. the Washington. Col. Union Del.. J. John Veteran was elected Legion at the meeting annual meeting in political was An Shelbyville, anvil burst Ind., a at window a and half in of the injuring it resitwo children in through Lansing, fatally in the dence blown of John who were sleeping of the pastor room. Rev. John W. M. Milam. E. Church at Indian- both Madison Avenue and his Overwork wife have on his and illness part been apolis. declared Ind., insane. on her part were the who assaulted causes. Miller. a negro young lady of was fine Miss Henry Blanche Gray. a county, Ga., family in Spelding

13. October 29, 1896 Democratic Northwest and Henry County News Napoleon, OH

Article from Democratic Northwest and Henry County News, October 29, 1896

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WAYSIDE PICKINGS. NEWS NUGGETS FRESHLY CONDENSED FROM ALL SECTIONS. A Budget of Interesting Itoms For Each Day In the Week Taken From the Great Crush of News and Reserved Especially For This Column. Tuesday. The old directors of the Erie railroad are contnued. President Cleveland and his cabinet held a meeting Tuesday. The Baltimore baseball club has abandoned the trip to Europe. Prince Hilkoff, Russian minister of railroads, is in Chicago. The Liberals do not credit the story that Harcourt has left them. Herr Bruckner, the celebrated musical composer, is dead in Vienna. The "middle-of-the-road" Populists are trying to prevent fusion in West Virginia. William Ratcliff of Brazil, Ind., was fatally injured while hoisting coal in a gin shaft. Ex-Senator Charles Bronson and John D. Carroll of Kentucky are likely to fight a duei over the election. John Rowe of Chillicothe, O., was arrested for sending an obscene letter through the mails to Carrie B. Clark. Miss Mary G. Caldwell, founder of Divinity college at Washington, will be married at Dresden to Marquis des Merinville. Town Marshal George Lazure of Winchester, O., got into 6 fight over politics and was removed from office by Mayor May. At Hartford, Wis., the bodies of two men who had evidently been dead several weeks sewe found in some underbrush. Wednesday. 3. D. Kennedy, a ruined Dubuque (Ia.) banker, suicided. The Second National bank of Rockford, Ills, has suspended. The Butter, Eggs and Poultry association has been formed. President Diaz of Mexico was formalty proclaimed president. The Union Veteran Legion decided to meet in Columbus, O., next year. The campaigning generals were enthusiasiastically received at Louisville. The Kentucky bankers propose to retaliate the attacks made on them by home newspapers. The funeral services over the ashes of the late George Du Maurier took place in Hempstead church. A receiver has been appointed for Rose Coughlan in New York. Tom Sharkey has gone to New York to arrange for a fight with Corbett. The next annual convention of the Young Peoples Christian society will be held at Indianapolia Somuel Spencer of New York has been relieved of the receivership of the Southern roilway in Georgia. Hon. John Wannamaker has been re-elected superintendent of the State Sunday School Association of Pennsylvania. Harry Tillenburg and J. H. Cummings extorted money from Mrs. R. B. Barrati, who had been a former sweetheart of Tillenburg. They threatened to show her old love letters to her husband. They were arrested at Chicago.

14. November 10, 1896 The Topeka State Journal Topeka, KS

Article from The Topeka State Journal, November 10, 1896

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Garnett Bank's Receiver. Washington, Nov. 10.-The comptroller of the currency has appointed receivers of national banks as follows: Yates County National bank of Pen Yan,\N. Y.; First National bank of Garnet. Kan.; R. E. Spangler, First National bank of Eddy, N. M., Isaac Rodgers; Second National bank of Rockford, Ill., H. H. Waldo.

15. November 11, 1896 The Providence News Providence, RI

Article from The Providence News, November 11, 1896

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Three Receivers Appointed. Washington, Nov. 11.-The comptroller of the currency has appointed receivers of national banks as follows: Yates County National bank of Penn Yan, N. Y., Simon Kinne; First National bank of Garrett, Kan., R. E. Spangler; First National bank of Eddy, N. M., Isaac W. Rogers; Second National bank of Rockford, Ills., H. H. Waldo.

16. November 12, 1896 The Austin Weekly Statesman Austin, TX

Article from The Austin Weekly Statesman, November 12, 1896

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RECEIVERS APPOINTED. Washington, Nov. 10.-The comptroller of the currency has appointed receivers of national banks as follows: State National bank of Pennyan, Simon Kinne; First National bank of Garnett, Kas., R. E. Spangler: First National bank of Eddy, N. M., Isaac W. Rogers; Second National bank of Rockford, III., H. Waldo.

17. November 17, 1896 Twice-A-Week Plain Dealer Cresco, IA

Article from Twice-A-Week Plain Dealer, November 17, 1896

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Washington, D. C. Nov. 10.-The comptroller of the currency has appointed receivers of national banks as follows: Yates county national bank of Penn Yan, N. Y., Simon Kinney; First national bank of Garrett, Kas., R. E Spangler; First national bank of Eddy, N. M., Isaac W. Rogers; Second national bank of Rockford, Ill.. M. H. Waldo.

18. November 17, 1896 Twice-A-Week Plain Dealer Cresco, IA

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'AON 'SLAA 'RUSHUAN Paper Mill company assigned today for the benefit of its creditors, Assets $100,000; liabilitles, $50,000, The concern lost heavily by Chicago and Minneapolis failures. Grand Rapids, Mich., Nov. 10.John E. Wilkes, ene of the oldest dry goods merchants in this city, has filed chattel mortgages aggregating $33,000 for the benefit of his ereditors. Washington, Nov. 10. Comptroller Eckels has closed the First national bank of Decorah, la.. capital $75,000 and placed bank examiner Stone in charge. The bank is in bad shape being unable to realize on its assets. Sioux City, Iowa, Nov. 10.-Oa application of L. T. Richardson, W. T. Manley was this morning appointed receiver of the Iowa savings bank of this place. Washington, D. C. Nov. 10.-The comptroller of the currency has appointed receivers of national banks as follows: Yates county national bank of Penn Yan, N. Y., Simon Kinney; First national bank of Garrett, Kas., R. E Spangler; First national bank of Eddy, N. M., Isaac W. Rogers; Second national bank of Rockford, Ill.. M. H. Waldo. New York, Nov. 10.-Edward J. Ross has been appointed ancilliary receiver of the assets and property in this state of the Ross & Baker company, a New Jersey corporation, manufacturers of silk. The liabilities are reported to be over $140,000. Providence, R. I., Nov. 11.-Writs were issued Wednesday for the arrest of the two partners in the private banking house of Miller & Vaughn, who failed a week ago with about $200,000 liabilities and no assets. It is said that two customers will prefer criminal charges. Decorah, Iowa, Nov. 11.-The Beard Bros. have made an assignment. Assets at face value slightly in excess of liabilities. Grand Rapids, Mich., Nov. 10-The Detroit, Lansing and Northern rail road's entire equipment was sold under mortgage foreclosure to-day. The property was bid in for $48,000 subject to other mortgages by F. A. Nims, of Muskegan, and J. W. Champlin, of this city, who acted as committee in the interest of the bondholders. Amesbury, Mass., Nov. 11.-F. T. Choate and Phillip H. Lunt, of New bury, have been appointed assignee of the Lewis & Gross Shoe company. The company will not resume business. New York, Nov. 11.-Clapp & Co , dealers in stocks and grains, have failed. Last might the firm made an assignment to William T. Davis, Jr. The failure occasioned some surprise as the firm has been credited with doing a very large business during the last five years of its existence in this city. The attorneys for the assignee say that it is assumed from all indications that the liabilities will amount somewhere in the neighborhood of $150,000. Ridgway, Pa., Nov., 12.-The Mc. Ewen Manufacturing company manufacturers of machinery, made an assignment Thursday morning. Allentown, Pa., Nov. 12.-Two exe cutions for $100,000 each were Thurs day afternoon entered against the Catasaqua Manufacturing company with clause of scire facias to show cause by December 7 why the company's chartered rights, rolling mills etc., should not be sold. The cold weather has brought & 'arge influx of tramps to the city and pplications for lodgings have be

Second National Bank (Rockford, IL)

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Bank runs are almost always and everywhere a deterioration of bank fundamentals.

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