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SPOKANE BANKS Standing a Heavy Run with Good CourageTwo Banks Fail. SPOKANE, Wash,June 6.-The Washington National Bank and its adjunct, the Washington Savings Bank closed their doors this morning. Other banks are being subjected to a severe run, but seem to be standing the strain well.
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Two Banks Closed at Spokane. Spokane, Wash., June 6.-The Washington National Bank and its adjunct, the Washington Savings Bank, closed their doors this morning. They were crippled by runs yesterday. Both show strong assets, much in excess of the liabilities, but could not £e; money in time for the sudden whirl. Other banks are being subjected to a severe run, but seem to be standing the strain well.
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Two Spokane Banks Closed. SPOKANE, Wash., June .-The Washington National Bank and its adjunct, the Wash'ngton Savings Bank, have closed their doors. They were crippled by the quiet run of Monday. Both show strong assets, much in increase of the liabilities but could not get money in time for the sudden whirl. The other banks are being subjected to a severe run but seem to be standing the strain well.
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Spokane Banks Closed. (By telegraph to the Dispatch.] SPOKANE. WASH., June 6. - The Washington National Bank and its adjunct. the Washington Savings Bank, closed their doors this morning. They were crippled by runs yesterday. Both show strong assets, much in excess of liabilities. but they could not get money in time for the sudden whirl. The other banks are being subjected to a severe run, but seem to be standing the strain well.
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Two Spokane Banks Closed. SPOKANE, Wash., June 7.-The - Washington National Bank and its adjunct, the Wash'ngton Savings Bank, have closed their doors. They were crippled by the quiet run of Monday. Both SDOW strong assets, much in increase of the liabilities but could not get money in time for the sudden whirl. The other banks are being subjected to a severe run but seem to be standing the strain well.
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CONDENSED NEWS. Edwin Booth is dead. The Bedford, Ind., bank has suspended. The net gold reserve in the U. S. treasury is $90,000,000. The whisky trust has filed an $8,000,000 mortgage at St. Louis. After a running fight the Bentonville, Ark., bank robbers escaped with their booty, $10,000. St. Louis banks have attached the Wichita packing plant of Francis Whittaker for $125,000. Members of the Western Passenger association are still in a row at Chicago over World's fair rates. Potter & Potter, Boston. publishers of the New England Magazine, the Yankee Blade, the Woman's Home Journal, the American Vehicle and the Amesbury Daily, have assigned. An alstract of the condition of the national banks in Chicago on the date of the last call, showed a reserve of twentynine and forty-five hundredth per cent, or 4.45 per cent above the reserve required by law. Total resources are stated at $160,864,804. Surplus fund WAS $11,516,700 and undivided profits $2,566,000. At Spokane, the Washington National bank and its adjunct, the Washington Savings bank, closed their doors. They were crippled by the quiet run yesterday. Both show strong assets in excess of liabilities but could not get money in time for the sudden whirl. The other banks are being subjected to a severe run, but seem to be standing the strain well.
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Washington National Bank Closed. SPOKANE, Wash., June 6.-The Wash+ ington National bank and its adjunct the Washington Savings bank closed their doors this morning. The other banks are being subjected to a severe run but seem to be standing the strain well.
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A Bank Statement. SPOKANE, Wash., June 15.-The receiver for the Washington Savings bank, recently suspended, has completed a statement of the bank's affairs, showing total assets of $206,000; liabliIties, $136,000.
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In Good Condition to Resume Business. SPOKANE, June 14.-Receiver Augustine, of the Washington Savings bank, has completed a condensed statement that shows a gratifying state of affairs. The statement shows: Total assets, $205,690. Liabilities, aside from the capital stock and undivided profits, $136,463. This leaves a balance of $69,222 If 70 per cent. of the assets is realized it will more than satisfy all the demands against the bank. The receiver will leave to the stockholders the question of resuming business.
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PANICKY FEELING GONE. Spokane, Wash., June S.-Quite a little run was kept up all day yesterday on local banks. The Traders' bank paid $150,000. The Citizens' National bank closed its doors at 2 o'clock. The panicky feeling is nearly over now. Two hundred and forty thousand dollars in gold reached the city last night from New York and Portland. One hundred thousand of this amount is for the Washington Savings bank, vhich went down yesterday with the Washington National bank. It is believed the savings bank will open to-day
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Will Pay Every Dollar. SPOKANE. Wash. June 15. The receiver of the Washington Savings Bank, recently suspended. has completed his statement of the bank's affairs. showing total assets of 8206.000 and liabilities of 8136.000.
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THE receiver's statement of the Washington Savings bank, of Spokane. shows assets of $206,000 and liabilities of $136, 000, which combine to show the foolishness of Spokane depositors in closing this sound institution.
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A Good Showing. SPOKANE, Wash., June 15.-The receiver of the Washington Savings bank, recently suspended, has completed a statement of the bank's affairs, showing total assets of $206,000; liabilities, $136,000.
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Fight Over Bank Receivership. SPOKANE, June 24-A lively fight is on for the receivership of the Washington Savings bank. One of the judges of the superior court first appointed H. W. Augustine as receiver, and a few days later Judge Acher appointed W. B. Roberts and removed Augustine. The appointment of Roberts gave offense to many stockholders and depositors, and thus sustained, Mr. Augustine refused to give up possession. Tonight the sheriff is in possession of the bank.
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PANICKY FEELING GONE. Spokane, Wash., June 8.-Quite a little run was kept up all day yesterday on local banks. The Traders' bank paid $150,000. The Citizens' National bank closed its doors at 2 o'clock. The panicky feeling is nearly over now. Two hundred and forty thousand dollars in gold reached the city last night from New York and Portland. One hundred thousand of this amount is for the Washington Savings bank, -vhich went down yesterday with the Washington National bank. It is believed the savings bank will open to-day
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Judge J. Z. Moore of the superior court at Spokane has summartly removed W. B. Roberts as receiver of the Washington Savings bank. and appointed In his place on petition of seventy-five or eighty creditors Henry M. Richards of the Spokane & Eastern Trust Company. In his decision Judge Moore roasted George Turner. the receiver's attorney, and the affair caused a sensation. as it is well known that Moore and Turner are bitter personal enemies,
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Supreme Court Decisions. Olympia, April 8.-Special.-Decisions in the supreme court today as follows: G. Brodek and John Schlessinger, respondents, vs. W. C. Stetson, appellant, King county; reversed. Charles Hill, respondent, vs. W. E. Frink, respondent, W. F. Gehras, et al., respondents, D. C. Hayes et al., appellants, Lincoln county; affirmed. Judgment has been rendered in the case of W. B. Roberts, receiver of Washington Savings Bank of Spokane, respondents, VS. Washington National Bank, appellant, from Spokane county.
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SUPREME COURT OF WASHINGTON Opinions in an Important Spokane Case Formally Announced. Olympia, April &-The supreme court has reversed judgment in the case of W. B. Roberts, receiver of the Washington Savings bank of Spokane, respondent, VS. the Washington National bank, appellant; from Spokane county. Other supreme court decisions were: G. Bredek and John Schlessinger, respondents, vs. W. C. Stetson, appellant, from King county; reversed. Charles Hill, respondent, vs. W. E. Frink, respondent, W. F. Gehres, et al., respondents, D. C. Hayes et al., appellants; from Lincoln. Affirmed.
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lowing decisions have been handed down by the supreme court: G. Brodeck and John Schlessinger, respondents, vs. W. C. Stetson, appellant, from King county; reversed. Charles Hill, respondent., vs. W. E. Frink, appellant, and W. F. Gehres et al., respondents, vs. D. C. Hayes et al., appellants, from Lincoln; affirmed. W. B. Roberts, receiver of the Washington Savings bank, of Spokane, respondent, VS. Washington National bank, from Spokane; reversed.