6452. First National Bank (Anthony, KS)

View Charter #3385 on SPMC

Bank Information

Episode Type
Run → Suspension → Reopening
Bank Type
national
Bank ID
3385
Charter Number
3385
Start Date
July 22, 1893
Location
Anthony, Kansas (37.153, -98.031)

Metadata

Model
gpt-5-mini
Short Digest
f21cf8fb

Response Measures

Full suspension, Books examined

Other: Comptroller of the Currency required conditions for reopening; bank posted notice of assignment/suspension then was permitted to reopen after satisfying examiners (see Aug 18-19 articles).

Description

Contemporary reports (July 22, 1893) report a run/closing/assignment of the First National Bank of Anthony, KS; Comptroller permitted reopening Aug 18–19, 1893. The panic of July 1893 (many western banks) is the broader trigger.

Events (4)
1. August 28, 1885 Chartered
Source
historical_nic
2. July 22, 1893 Run
Cause
Macro News
Cause Details
Part of the national financial stringency/panic in July 1893 that produced runs and failures across many western banks; depositors made heavy withdrawals.
Measures
Bank paid checks initially; later posted notice of assignment/closure and suspended payment.
Newspaper Excerpt
A run on the First National bank is in progress.
Source
newspapers
3. July 22, 1893 Suspension
Cause
Macro News
Cause Details
Suspension/assignment recorded during the nationwide stringency of July 1893; bank closed and posted notice of assignment/suspension.
Newspaper Excerpt
The First National Bank of Anthony closed its doors yesterday and posted up notice of assignment.
Source
newspapers
4. August 19, 1893 Reopening
Newspaper Excerpt
The First National bank of Anthony, Kan., which suspended payment July 20, 1893, was yesterday permitted to reopen its doors to business.
Source
newspapers

Newspaper Articles (24)
1. July 22, 1893 Asheville Daily Citizen Asheville, NC
Article from Asheville Daily Citizen, July 22, 1893

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BANK TROUBLES. The Southside Savings bank, Milwaukee, Wis., did not open its doors this morning, and there was a heavy run on the German-American and the Merchant's Exchange banks. The Milwaukee National bank also closed its doors. The Kentucky National bank of Louisville, Ky., closed its doors this morning. This bank's last statement showed $190,000 to the credit of the government. The State National bank of Vernon, Tex., has closed its doors. Every cent of money was paid out except one ten cent piece before the doors closed. The private banking house of J. and L. W. Galbraith, Lampasas, Tex., failed to open its doors yesterday. Liabilities, $60,000; assets, $120,000. The Citizen's bank of Jellico, Tenn., the only banking institution in that place failed to open for business yesterday. The First National bank of Anthony, Kas., closed its doors yesterday. Assets $154,000; liabilities $50,000. The Union bank of Greeley. Col., made an assignment yesterday.

2. July 22, 1893 The Durham Daily Globe Durham, NC
Article from The Durham Daily Globe, July 22, 1893

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BANKS BURST STILL Milwaukee Wrapped Up by Big Runs and Things. Colorado Continues to Come to the Front with Many. BLEEDING KANSAS ALSO VICTIMIZED People Who Come and Go-Brief Brevities of Interest to All Readers of The Globe. NEW YORK, July 22.-[Special. 1- News from the west to-day, viewed in one light, is of a most discouraging character. There was a bank failure at Butte City, Montana, and, supposedly, a serious one. There were also runs on other banks there. A Jellico, Tenn, the Citizens' bank failed to-day. The Union bank at Greeley, Colorado, assigned this afternoon. No figures are given. The First National bank at Anthony, Kansas, assigned to day. Liabilities $50,000, assets unknown. But at Milwaukee, Wisconsin, the biggest failure is on. The Milwaukee National has gone to the wall. The South Side Savings bank closed its doors this morning. This precipitated runs on all the banks in the city. Unless excited depositors see the folly of their actions, many other banks will close this afternoon. There is intense excitement here FOWLER to day.

3. July 22, 1893 Alexandria Gazette Alexandria, VA
Article from Alexandria Gazette, July 22, 1893

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crushed and burned in a horrible manner and was dead when extricated. Among the failures reported to-day are the Citizens' Bank of Jellico, Tenn; the First National Bank of Anthony, Kon.; the Milwaukee National Bank and South Savings Bank of Milwaukee: the Union Bank of Greeley, Col ; the private banking house of J. and L. Galbraith at Lampasas, Tex.; the State National Bank of Knoxville, Tenn.; the Kentucky National Bank of Louisville; and the State National Bank of Vernon, T.x. There is a heavy run on the German American and Merchants' Exchange Banks of Milwankee. At Shooting Park on the outskirts of Milwaukee, Wis., two thousand five hundred turners from all parts of the United States c ngregated yesterday, and the twenty-sixth annual bundesturufest WAS inaugurated. A duel, that resulted fatally to both the participants, took place in the outskirts of Victoria. Mex., on Thursday between a young law student and a young business man. The quarrel was over a young woman. Weather permitting Edw. Hanlan and Jacob Gaudaur will row at Orillia, Ont., this afternoon for the championship and a stake of $2,000.

4. July 22, 1893 The Providence News Providence, RI
Article from The Providence News, July 22, 1893

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have GONE TO THE wall. Additional Bank Failures Announced Over the Wire Today. MEMPHIS, Tenn., Ju'y 22 -The city bank of Jollico, Tenn., the only banking nstitution in the place, has failed. In Greeley, Colorado, GREELEY, Col. July 22.-The Union bank has made an assignment to James F. Benedict of Denver. It is said that the bank is perfectly solvent, but that the assignment was smade because it as feared some creditor would take advantage of the new attachment law recently passed by the legislature, In Texas. Lampasa, Tex., July 22.-The private banking house of J. and L. W. Galbreach did not open its doors today. The liabilities of the concern are $60,000, assets $120,000. A run on the first national bank is in progress. In Wisconsin. MILWAUKEE, Wis., July 22.-The Milwaukee National bank and the South Side-Savings bank failed to open their doors this morning. Runs are now in progress on all of the principal hanks in the city and failures are hourly expected. In Kansas. TOPEKA, Kan., July 22.-The First National bank of Anthony has closed its doors. The assets are placed at $154,000, and liabilities $50,000.

5. July 22, 1893 Waterbury Evening Democrat Waterbury, CT
Article from Waterbury Evening Democrat, July 22, 1893

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THE FINANCIAL SCARE. Many Banks in the West Close Their Doors To-Day. MILWAUKEE, Wis, July 22.-The National bank and the South Side savings bank failed to open their doors to-day. TOPEKA. Kan July 22.-The First National bank at Anthony has closed its doors. LAMPASA, Tex, Julv 22.-The private banking house of P. & L. W. Galbray did not open to-day. A run on the First National bank is in progress. MEMPHIS, Tenn, July 22 -The City bank at Jellica has failed. GREELEY, Col., July 22 -The Union bank has made an assignment.

6. July 23, 1893 The Sun New York, NY
Article from The Sun, July 23, 1893

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Western Banks that Are Closed. GREELEY. Col., July 22-The Union Bank made an assignment yesterday morning to James F. Benedict of Denver. It is thought this step was voluntarily taken to avoid the contingency that might arise should some creditors take advantage of the attachment law. The bank is perfectly solvent and not a depositor will lose a dollar. TACOMA. Wash., July 22.-A. G. Foster was appointed receiver of the Traders' Bank yea. terday. President Fitch states that the assets will pay all the obligations and leave a large surplus. Henry A. Strong of Rochester. N. 1.0 and John D. Rockefeller were the largess stockholders. It is expected that the bank will resume soon. TOPEKA. Kan., July 22.-The First National Bank of Anthony closed its doors yesterday and posted up notice of assignment. Its ase sets are $154, 000 and liabilities $50,000. RUSSELL. Kan., July 22.-The First National Bank of this place closed this afternoon. and was taken possession of by C. M. Sawyer on order of the Comptroller of the Currency. No statement is made. WASHINGTON. July 22.-The Comptroller has appointed William A. Rice receiver of the Puget Sound National Bank of Everett. Wash., and Mr. George 8. Hoffmann receiver of the Bozeman National Bank. Bozeman. Mont.

7. July 23, 1893 New-York Tribune New York, NY
Article from New-York Tribune, July 23, 1893

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BANK FAILURES SOUTH AND WEST. ONE OF THE EMBARRASSED INSTITUTIONS A GOVERNMENT DEPOSITORY. Knoxville, July 22.-The State National Bank closed this morning. The bank has long been known to be the weakest in the city. The withdrawal yesterday of $20,000 in deposits was more than It could stand. A meeting of the directors was held last night. An offer of $40,000 to pay depositors, should a run occur to-day, was made by other banks, but was not accepted. When it opened for business this morning a run was precipitated, which lasted only a few moments, as the bank closed Its doors for liquidation. A notice on the door says the bank will pay depositors dollar for dollar. Stockholders will also receive 85 cents on the dollar. It was feared that the closing of the State National would cause a panic in Knoxville financial institutions which have heretofore been considered strong. A slight run was made on the City National Bank, which is just opposite the State, but here depositors were paid in full, and the scare was soon over. There is no more uneasiness felt here. It is thought the other banks can stand the storm. Louisville, July 22.-The Kentucky National Bank of this city closed Its doors this morning. The capital stock is $1,000,000, paid up. It is thought the bank will be able to resume business in a short time. It has been carrying an immense amount of paper which, although gilt edge," could not be realized on. The bank is the Government depository, and in its statement published on July 19 the Government's deposits are placed at $191,731 83 deposits of United States disbursing officers, $138,208 17. According to the statement, the amount of cash on hand on July 19 was a little over $85,000: individual deposits subject to check were $311,695 33, and the loans and discounts were $1,719,966 52. The bank had been weak for some time, and the failure was not unexpected. Memphis, July 22.-The Citizens' Bank of Jellico, Tenn., the only banking institution in this place, failed to open for business yesterday morning. John Smith was made assignee. Assets and liabilities not known. Vernon, Texas, July 22.-The State National Bank of Vernon closed its doors yesterday. Every cent of money on hand had been paid out, except ten cents, before the doors closed. The failure is due to inability to realize on securities. The directors say that depositors will be paid In full. Lampasas, Texas, July 22.-The private banking bouse of J. & L. W. Galbraith failed to open its doors yesterday morning. having made an assignment to J. 1. Campbell. Liabilities, $60,000; assets, $120,000. A run on the First National was started, but the concern was in a position to withstand all demands. Depositors in Galbraith's Bank will be paid In full. 6 Topeka, July 22.-The First National Bank of Anthony closed its doors yesterday and posted a notice of assignment. Its assets are $154,000 and liabilities $50,000. RusseM. Kan., July 22.-The First National Bank of this place was closed this afternoon and was taken possession of by C. M. Sawyer on order of the Controller of the Currency. No statement has been made. Greetry, Col., July 22.-The Union Bank made an assignment yesterday morning to James F. Benedict, of Denver. It is thought this step was voluntarily taken to avoid the contingency that might arise should some creditor take advantage of the Attachment law. The bank is perfectly solvent and not a depositor will lose a dollar. Crested Butte, Col., July 22.-The Bank of Crested Butte closed yesterday morning. There had been a quiet run on it for several days, SO it was decided to suspend for a time. The assets are $65,000; liabilities, $35,000. Tacoma. Wash., July 22.-A. G. Poster was ap pointed receiver of the Traders' Bank yesterday. PresIdent Fitch says that the assets will pay all the obligations and leave a large surplus. Henry A. Strong, of Rochester, N.Y., and John D. Rockefeller were the largest stockholders. It is expected the bank will resume business soon. PRESENT TREASURY POLICY TO BE CONTINUED. Washington, July as -Secretary Carlisle. after an Interview with Mr. Preston. Acting Director of the Mint. this morning authorized the statement that he fully approves the policy pursued In his absence by Mr. Preston in purchasing silver, and that the same policy. will govern silver purchases in the immediate future. This statement sets at rest the rumors that Secretary Carlisle would, on his return. reverse the policy of the Treasury in purchasing silver. Secretary Carlisle gave entire discretion in purchasing silver to Mr. Preston when he left here on his vacation. This morning, with the approval.o Secretary Carlisle, Mr. Preston refused to purchase 100,000 ounces of silver at 70 cents, the London price being about 69 1-2 cents an ounce. This was part of lot offered yesterday at 73 cents an ounce, and was declined and a counter offer was made by Mr. Preston of 71 1-2 cents an ounce,which the holder refused to accept.

8. July 23, 1893 Richmond Dispatch Richmond, VA
Article from Richmond Dispatch, July 23, 1893

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Sundry Banks Suspend. [By telegraph to the Dispatch.] MEMPHIS, TENN., July 22.-The Citizens' Bank of Jellico, Tenn., the only banking institution in that place, failed to open for business yesterday. No figures known. GREELEY, CoL., July 22.-The Union Bank made an assignment yesterdav. It 18 thought the step was voluntarily taken to avoid a contingency that might arise should some creditor take advantage of the attachment law. The bank is perfectly solvent and not a depositor will lose a dollar. VERNON, TEX., July 22.-The State National Bank of Vernon closed its doors yesterday. Every cent of money was paid out, except ten cents, before the doors were closed. The failure was due to inability to realize on securities. The directors state that depositors will be paid in full. LOUISVILLE, Kr., July 22.-The Kentucky National Bank, this city, closed its doors this morning. Capital stock $1,000,000. paid up. This bank is also a government depository and its last statement showed $190,000 to the credit of the government. The loans and discounts outstanding amounted to $1,719,966, and the surplus was $108,500. MILWAUKEE, WIS., July 22.-The SouthSide Savings Bank did not open its doors this morning. There is a heavy run on the German-American and Merchant's Exchange banks. KNOXVILLE, TENN., July 22.-The State National Bank closed this morning atter opening four minutes. A notice was posted on the door saying: This bank has closed for liquidation. Depositors will be paid in full." MILWAUKEE, WIS., July 22.-The Milwaukee National Bank closed its doors this morning. LAMPASAS, TEX.. July 22.-The private banking-house of J. & L. W. Galbraith failed to open its doors yesterday having made an assignment to J. I. Campbell. Liabilities $60,000; assets. $120,000. A run on the First National Bank started, but it was fortunately in a position to withstand all demands. The depositors in Galbraith's Bank will be paid in full. TOPEKA, KAN., July 22.-The First National Bank of Anthony closed its doors yesterday. Assets, $154,000; liabilities, $50,000. RUSSELL, KAN., July 22.-The First National Bank, of this place, closed this afternoon and was taken possession ot by C. M. Sawyer on the order of the Comptroller of the Currency. No statement is made.

9. July 27, 1893 The Middleburgh Post Middleburg, PA
Article from The Middleburgh Post, July 27, 1893

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Financial and Commercial. ADA, O.-The Citizens' Bank the most prominent in Hardin county, has failed. MADISON. Isp.-The Carrollton Woolen Mill Co., has assigned with liabilities of $7.000. The Nashville, Chattanooga and St. Louis Railway Company has declared a dividend of 14 per cent., payable August 1. The McNamara Dry Goods Company, of Chicago has suspended. It was among the largest houses of its kind in the West. POMONA, CAL-The People's Bank has re. opened with plenty of coin. Only #4 were drawn out the first hour, Deposits were liberal. PARKER, KAN.-The State Bank has failed. STERLIN, CoL-The Bank of Sterlin has assigned. BUZEMAN, Mosr -The Bozeman National Bank has closed. YATES CENTER, KAN.-The Woodson State Bank has'suspended. HUTCHINSON, KAN.-The Hutchinson National Bank has closed its doors. ASPEN. CoL-The J. B. Wheeler Banking Company and the Pioneer Bank have failed OKLAHOMA City-The Bank of Oklahoma City and the Oklahoma National Bank have succumbed to runs and failed. FORT SCOTT, KAN.-The First National Bank the oldest financial institution in Southeastern Kansas suspended payment. ASHLAND, KY.-The Second National Bank which suspended three weeks ago. resumed business Thursday. CHICAGO.-The Chemical National bank will not resume business. The reasons given are the stringency of the money marketand the inability of some stockholders to meet the assessments which would be levied up. on them if the bank resumed. KANSAS CITY, KAN.-The Citizens bank, the Bank of Richmond and the Farmers and Merchants bank at Ossawattomie, also of Kansas, all private institutions, closed their doors. HAREISONVILLE, Mo.-The First National Bank of Harrisonville, suspended payment and is in the hands of the Comptroller of the Currency, NASHUA, N. H.-The Security Trust Comrany closed its doors. It promises to pay depositors in full. ANTHONY. KAS.-The First National Bank and the First National Bank of Calago City, Col., have suspended. THE Bank of Bellville, Republic county, Kan., a private institution with $20,000 capital, has failed. NATIONAL bank examiners have recommended to the Comptroller that the First National Ban 1 of San Bernardino, Cal., which recently failed. be allowed to reopen at once, its affairs being in good condition. New YORK-Charles M. Preston, state bank examiner, reports the banks of this state to be in a good condition generally and be anticipates no failures.

10. July 27, 1893 The Farmers' Union Memphis, MO
Article from The Farmers' Union, July 27, 1893

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RAILROAD RATTLE. VARIOUS MATTERS OF INTEREST TO THE PUBLIC. Danger in Insecticldes-Several Perish by Drowning - Another Milwaukee Bank Forced to Suspend-Cleveland Alarmed Over Her Local Pork Supply. Told In a Few Words. -The attempts to whitewash cut-rate Eastern lines at the New York meeting has disgusted Chicago passenger officials. Reductions by Southern roads are not satisfactory and the outlook is for a still more extensive cut all along the line soon. Stockholders of the Galveston and Western Railroad will Increase the capital stock to $2,000,000 and make an Eastern extension Only three of the twelve members of the trans-Missouri freight rate committee attended the Lake Minnetonka meeting. -Cleveland health authorities have become convinced of the need of a microacopical Inspection of all pork killed for consumption In that city in order to detect triching, and Dr. G. F. Leick, health officer, is already taking steps toward organIzing a system of inspection. At present the United States Government inspects Dork for export, but refuses to look after the meat used by American citizens at home -Misses Elizabeth Walters and Mabel Hallet were drowned while bathing in the surf at Shell Bank. Long Island. -The Milwaukee (Wis.) Commercial Bank made a voluntary assignment. The assignee Is A. B. Gellfuss, the cashier of the bank, and bis bond is placed at $1,200,000, The entire fund of Milwaukee County, amounting to $310,624, was deposited In the Commercial Bank. Another big depositor was the newly organized Milwaukee Electric Railway Company, to the extent of $200,000. -Interest centers in the coming action of the Indiana board of tax equalization and what will be done with railroads. -Western lines came within one vote of making reduced World's Fair rates. A compromise is expected -By an explosion of dynamite to a shanty in Minneapolis Gus Olson was blown into fragments. -William Napler and family, of Columbus, Ohio, were badly poisoned by eating cabbage spread. on which paris green had been -William Crane, of Lakeside, Minn., was washed off a capsized boat in Lake age. Superior and drowned. He was 24 years of -The First National Bank of Anthony. Kan., has closed Its doors and posted is notice of suspension. -Secretary Carlisle. accompanied by his family. returned to Washington after an absence of three weeks at the World's Fair. The Exposition. Secretary was much pleased with the -A. M. Rogers, a traveling salesman for a Chicago shoe house, was flogged at Cooburn. Va., by a mob because he was atleged to have Insulted the daughter of the railroad agent at that place -The Royal Bohemian National Opera Company bas been engaged for a twenty weeks' tour of America. The season will open In New York In October, The company will produce but one opera. "Prodana Nevresta" (*The Sold Briden). by Emetana, a Bohemian composer. -A large consignment of tobacco was Deized at Philadelphia Importers had given an undervaluation. -A. J. Drexel's will has been probated. Fome of his $30,000,000 was given to charity and much more to heirs. collapsed. --The plate-glass trust has practically -One thousand boller-makers at St, Louis have struck for a nine-hour day at ten hours pay. -An incendiary fire almost wiped Ewing, Mich., out of existence The loss is between $150,000 and $250,000. It is reported that a man suspected of being the firebug was lynched. -Bogard. the St. Louis real estate man alleged to have defrauded the members of several building associations of which he was secretary. has been arrested and placed under $1,500 bail. --The village of St. Anne de la Perade, near Quebec, was completely destroyed by fire. Sixty families are made homeless and the money loss will reach several hundred thousand dollars. The First National Bank and the Kent Bank at Cheyenne, Wya. have failed. The First National has a paid-upcarital of $200,000, The liabilities are $502,000 and the assets $725,000. Both banks will probably reopen. -Obituary: Washington. General John G. Walker, aged 70 -At Worcester, Mass. Charles F. Washburn. head of the barbedwire manufacturing firm of Washburn & Moen, aged 66. -At Pittsburg Henry A. Hoffman, aged 32 years, committed suicide while standing in front at a looking-glass Hoffman spent all of his leisure time working on patents, many of which were successful. His last conception was a glass bottle to be used for patent medicines. which could not be refilled when once the original contents had been removed. For several weeks Hoffman had been melancholy. but at DO time bad his condition been considered serious. -Prizefighter Corbett threatens to sue the Chicago Evening Post for $100,000 for damages alleged to have been dore to his "reputation" by the publication of articles about himself and the exhibition in which he takes part in the Midway Plaisance -It is reported that a fight took place

11. July 28, 1893 The Times Owosso, MI
Article from The Times, July 28, 1893

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'he News Condensed. Important Intelligence From All Parts. DOMESTIC. IN Colorado the J. B. Wheeler Bank g company at Aspen, the Bank of erling at Sterling, and the Bank of veland at Loveland, have assigned. JOHN SWARTOUT. of Morrison, Ill., eted for the murder of hisfather, jail of consumption. THE Milburn wagon works at Toledo, , employing 1,500 men, the largest itution of its character in the United ates, closed down for six months. MRS. CONRAD VEILHAM, of Tonawan , N. Y., has fallen heir to $4,000,000 rough the death of an uncle in India DURING the twelve months ended ne 30, 1893, the number of immigrants riving in the United States was 497, 3,and during the corresponding period the preceding year 619,320 arrived. A FIRE at Susanville, Cal., resulted e destruction of sixty buildings and used a loss of about $250,000. CoL. BENJAMIN F. JOHNSON, one of e leading attorneys of Kansas City, an., was shot down in the streets and stantly killed by A. W. Little, one of e most prominent citizens of the wn. Financial trouble was given canse. e AN incendiary fire at Greenville, Miss., used a loss of $100,000. THE National bank at Hutchinson, in., failed with liabilities of $131,000 d the Bank of Parker and the Woodn bank of Yates Center, in the ate, closed their doors. THREE sons of Mr. Lave, of Gregg unty, Tex., robbed their father of 2,000 and fled. Two were caught. LIGHTNING killed James Witts' two ildren while they were standing un r a tree during a shower at Sadlers lle, Tenn. THE pension office in Washington tes that the total number of penners dropped from the rolls since arch 4, 1893, was 245, and that the tal number of pensioners suspended ce March 4, pending a further invesration of their cases, was 5,090. IN a freight wreck near Jonesboro, ., Engineer Ben Wade, Fireman Joe mmis and Brakeman J. W. Marshall ere killed. BANK failures were reported as fol ws: First national at Harrisonville o., Oklahoma national at Oklahoma, rst national at Anthony, Kan., Bank Belleville, Kan., First national reeley, Col., National at Grand June on, Col., First national at Cheyenne, yo., and First national at Canyor ty, Col. OVER 30,000 men were idle in Colo do as a result of the closing down of ver mines, and it was feared that eat suffering would follow. IN territory near Toledo, O., aban ned thirty years ago as practically orthless, oil has been struck in im ense quantities. By the explosion of a gasoline stove ar Cincinnati John Ulrich, wife ild were fatally burned. THREE men were burned to death by dden flow of ignited oil at wells O ADVICES from Pittsburgh, Pa., at the plate glass trust has collapsed d that the many idle factories roughout the country will resume erations. THE Flanders dry goods house enver failed for $125,000. and will of the late Anthony

12. August 1, 1893 The Progressive Farmer Raleigh, Winston-Salem, Winston, NC
Article from The Progressive Farmer, August 1, 1893

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CONTINUED PROSPERITY(i) "The Best Financial System in the World" and "Reform" Continues to Turn Out Victims by the Hundreds----Bank and Commercial Failures Growing More Numerous--A Few of the Largest. Maj J. B. Neal. a large farmer and merchant near Neal's Station, N C., made an assignment on the 17th of July. Edward L. Pell, publisher of a religious paper at Richmond, Va, has assigned. Liabilities $1,300. Mr. Kenny Rose, merchant, Winston, assigned last week. INDIANAPOLIS, Ind., July 25.-The Bank of Commerce and the Indianapolis National Bank have closed. MILWAUKEE, Wis., July 25.-The Fire Insurance Bank has closed. No statement. MILWAUKEE, Wis., July 25 -Cashier Koetting, of the suspended South Side Savings Bank, is missing and also the general ledger of the bank. The liabilities will run up into the millions. The Southern Electric Company, one of the big enterprises of Baltimora, Md., made a voluntary assignment yesterday. Failure to collect over due accounts made it impossible for the company to meet its obligations. The as sets of the concern are estimated at $175,000, liabilities $100,000. CONNORSVILLE, Ind., July 24.-The Citizens' Bank, owned by ex United States Treasurer Huston, failed toopen its doors this morning, owing to the stringency. Liabilities and assets not yet made known. Depositors ill, it is said, be paid in full. TOLEDO. Ohio, July 24 This morn ing the Ohio Oil Well Supply Com pany, operating in the Ohio oil fields at Findlay, Fostoria, Marietta, Rising Sun, Vanwert and Pittsburg, Pa., went into the hands of a receiver upon the application of Edward H. Cole, of Brooklyn, N. Y. One of the largest stockholders. Eaton, in his petition, states that the company indebtedness will amount to over $800,000. TACOMA, Wash July 24.-The Taco ma National Bank, one of thestrongest in the Northwest, suspended this morning. This bank has been assisting other banks in the city for the past six months. LOUISVILLE. July 24 -The - Lousville City National Bank closed its do rs at 1 15 this afternoon. GREAT FALLS, Mont, July 24 -The Merchants' National Bank closed its doors to-day at noon. A notice, signed by the directors, was posted, and stated that all depositors will be paid in full. The bank held $21,000 city funds, $32, 000 county funds and $20,000 of State funds, There is no uneasiness about other banks here. VERNON. Texas, July 22 -The State National Bank of Vernon closed its doors yesterday. Every cent of money was paid out except ten cents before the doors closed. The failure is due to inability to realize on the securities. The directors state that the depositors will be paid in full. LOUISNILLE, Ky., July 22 - The Kentucky National Bank, of this city, closed its doors this morning The capital stock is $1,000,000, paid up. This bank is also a government de pository and its last statement showed $190,000 to the credit of the government. Loans and discounts outstanding amounted to $1,719,966 and the surplus was $108,500. MEMPHIS, Tenn., July 22.-The Citizens' bank of Jellico, Tenn., the only banking institution at that place, failed to open for business yesterday. No figures are known. GREELEY, Col., July 22 -The Union Bank made an assignment yesterday. It is thought that the step was voluntarily taken to avoid a contingency that might arise should some creditors take advantage of the attachment law. The bank is perfectly solvent. Not a depositor will lose a dollar. MILWAUKEE, Wis., July 22.-The Southside Savings bank did not open its doors this morning. There is a heavy run on the GermanAmerican and Merchants' Exchange banks. LAMPASAS, Tex., July 22 The private banking house of J. and L. W. Gal braith, failed to open its doors yesterday, having made an assignment to J. I. Campbell. The liabilities are $60,000; the assets, $120,000. A run on the First National Bank was started, but it was fortunately in a position to withstand all demands. Depositors in Galbraith's bank will be paid in full. TOPEKA, Kan., July 22 -The First National Bank of Anthony closed its doors yesterday. The assets are $154,000 and the liabilities $50,000. MILWAUKEE, July 21.-The First National Bank of this city has failed. KNOXVILLE, Tenn., July 22.-The State National Bank of this city closed its doors this morning. The bank has long been known to be the weakest in the city. Yesterday when $20,000 in

13. August 5, 1893 The Weekly Thibodaux Sentinel and Journal of the 8th Senatorial District Thibodaux, LA
Article from The Weekly Thibodaux Sentinel and Journal of the 8th Senatorial District, August 5, 1893

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moins dans tout l'Onest. Ainsi parmi les dernière faillites il faut citer : celle de la première banque nationale de la petite ville d'Anthony, Kansas, dont le passif ne s'élève, affirme-t-on, qu'à $50.000, celle de la Kentucky National Bank, de Louisville, qui cause une très grande consternation, et de la State National Bank, de Knoxville, Tennessee. La Kentucky National Bank, était une des plus importantes et passait pour une des plus solides de Louisville. Elle avait été fondée avec un capital d'un million de dollars. Mais ce n'est pas tout. Une véritable panique sévit à la Milwaukee National Bank et une importante caisse d'épargne, connue sous le nom de South Side Savings, ont suspendu leurs payements. Les portes de la plupart des autres banques et caisses d'épargne de la ville ont été assiégées pendant presque toute une journée par des gens affolés et désireux d'en retirer le plus tôt possible l'argent qu'ils y avaient en dépôt. La crise commerciale n'est pas moins grave. Le nombre des faillites commerciales dans tous les Etats-Unis s'est élevé, pendant la semaine, au chiffre extraordinaine de 467.

14. August 19, 1893 Pawtucket Tribune Pawtucket, RI
Article from Pawtucket Tribune, August 19, 1893

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Kansas Bank Reopens Its Doors. WASHINGTON, Aug. 19.-The First National bank of Anthony, Kan., which suspended payment July 20, 1893, was yesterday permitted to reopen its doors to business.

15. August 19, 1893 The Sun New York, NY
Article from The Sun, August 19, 1893

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Banks to Reopen. WASHINGTON. Aug. 18.-The First National Bank of Authony. Kan., which suspended payment on July 20, 1893, having complied with the conditions imposed by the Comptroller of the Currency,and its capital being unimpaired. was to-day permitted to reopen its doors to business. The New England National Bank of Highland. Col., has filed its application with the Comptroller of the Currency to begin business.

16. August 23, 1893 The Star Reynoldsville, PA
Article from The Star, August 23, 1893

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LATER NEWS WAIFS. FINANCIAL AND COMMERCIAL The Teople's National Bank, of Winston, N. C., capital $100,000, has suspended. Lerzars, La., was surprised by the suspension of all the banks in the city. They were the First National and Lemars National, with a capital of $100,000 each, and and the Lemars State and German Savings Banks. Notices were posted on the doors that the suspensions are due to inability to realize on assets, but that all depositors will be paid. The First National Bank of Anthony, Kan., which suspended payment in July was permitted to reopen its doors to business. The Waxahachie National bank of Waxahachie, Tex., which suspended payment August 11, was permitted to resume business. PUEBLO, Con-Bank Examiner J. Sam Bro wn has given permission to the Central National Bank, which suspended July 15. to resume business. The American and Western national banks, which suspended the same day, have received permission from Comptroller Eckels to resume and are rapidly complying with the conditions required.

17. August 24, 1893 The State Republican Jefferson City, MO
Article from The State Republican, August 24, 1893

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e waukee & St. Paul railroad near Dubuque, In., twelve persons were injured THE death of John Logan Chipman, member of congress from the First dis triet of Michigan Becaused at his Holite in Detroit, aged 63 years. THE Nebraska democrats will hold their convention at Lincoln October 4. IN a fit of anger Cyrus Brown, of Cincinnati, shot and killed his wife, to whom he had been married thirty years. VIRGINIA democrats in convention at Richmond nominated Charles T. 'Ferrall for Moverner and R. G. Kent for lieutenant governor. THE four banks in Le Mars, Ia., suspended. They were the First national and Le Mars national, with a capital of $100,000 each, and the Le Mars state and German savings banks. DINNEING Mater from all impure well caused the death of three children of J. L. Casey, of Little Rock, Ark., and the rest of the family were seriously ill. A TRACTION engine near Martin's Ferry, O., became unmanageable and ran backward down n kill. killing CarH8 and Nellie aged di and 11 years, respectively, and fatally injuring Ella, King. A FIRE at Benton, III.; destroyed the city hall, post office and the Chronicle office. J. S. JOHNSON made 3 miles in 7:.5% in a bicycle race at Minneapolis, lowering the record 15 1/4 seconds. BUSINESS has been resumed by the First national bank of Anthony, Kan., which suspended payment in July. A MOB near Morganfield, Ky., lynched Charles Watson, a negro who cut the throat of little Sam Keith, 10 years old, to secure four dollars. WILLIAM J. JAMISON (colored), who murdered Supervisor Charles N. Aaron April 19, 1892, was hanged at Quincy, III. This was the third hanging in Quincy in sixty-five years. WITHIN ten days twenty members of the Meacham gang have been killed near Jackson, Ala., and five others were suffouided, but escaped BY the upsetting of a boat Mrs. Foster, her two children and her sister were drowned at Bonnot's mill, 12 miles east of Jefferson City, Mo: NEAR Fort Smith, Ark., Charles Tart, a federal prisoner, was lynched by a mob for wounding Capt. C. C: Peete with a gun during a struggle. DOUGLASS CURTIS, of Chicago, as the result of a long spree, killed his child, fatally wounded his wife, and then took his own life. MRS. ANNA E. SCHOLTKA. after forty years of married life, brought suit at Milwaukee for divorce from Christian Scholtka on the charge of cruelty. The couple have nineteen children. BUSINESS was resumed by the Union and People's national banks at Denver. Col., afte. a short suspension. NEAR Hunnewell, Kan., four haymakers were killed in a collision with a company of soldiers who were clearing the Cherokee strip of intruders. A MOB lynched Monroe Smith (colored) for an attempted assault at Old Spring Hill, Ala. FIRE destroyed a large portion of the town of Dickson, Tenn.

18. August 24, 1893 The Worthington Advance Worthington, MN
Article from The Worthington Advance, August 24, 1893

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A CONVENTION of the Pan-American Bimetallis association will be held in St. Louis on October 3 next. A CYCLONE near Humboldt, Neb., did great damage and Mrs. G. Schultz and her son were fatally injured and horses and cattle were killed. THE Union national bank at Racine and the banks at River Falls and Ellsworth, in Wisconsin, closed their doors. The private bank of Levi Hall at Oswego, III., and the Cardington Banking company at Cardington, O., also suspended. A BLAZE in St. Paul did $100,000 damage to the music house of W. J. Dyer & Bro. and Michael Clenan, a fireman, was killed. INTERPRETER YOSHIKAWA and Commissioner Minano, Japanese representing their government at the world's fair, have been converted to Christianity. THE impeachment of President Cleveland and Secretary Carlisle is demanded by the Advocate, the organ at Topeka of the Kansas populists, for failure to purchase the prescribed quantity of silver in July. THREE cars were dropped 60 feet by the giving way of a bridge near Milton, Va., and seven persons were killed and four injured. THE First national bank at Dubuque, Ia., the bank at Albany, Mo., and the Kendall county bank at Yorkville, III., closed their doors. MARTIN SCHULTZ and -his wife, an aged couple living near Cherokee, Ia., were murdered and their home ransacked by robbers. THE doors of the National bank of commerce at Denver, Col., have reopened for business. IN Cincinnati the Standard Wagon company, one of the largest concerns of the kind in the west, failed for $700,000; assets, $1,200,000. By a collision on the Chicago, Milwaukee & St. Paul railroad near Dubuque, Ia., twelve persons were injured THE death of John Logan Chipman, member of congress from the First district of Michigan, occurred at his home in Detroit, aged 63 years. THE Nebraska democrats will hold their convention at Lincoln October 4. IN a fit of anger Cyrus Brown, of Cincinnati, shot and killed his wife, to whom he had been married thirty years. VIRGINIA democrats in convention at Richmond nominated Charles T. O'Ferrall for governor and R. C. Kent for lieutenant governor. THE four banks in Le Mars, Ia., suspended. They were the First national and Le Mars national, with a capital of $100,000 each, and the Le Mars state and German savings banks. DRINKING water from an impure well caused the death of three children of J. L. Casey, of Little Rock, Ark., and the rest of the family were seriously ill, A TRACTION engine near Martin's Ferry, o., became unmanageable and ran backward down a hill, killing Carrie and Nellie Ackerman, aged 5 and 11 years, respectively, and fatally injuring Ella King. A FIRE at Benton, III., destroyed the city hall, post office and the Chronicle office. J. S. JOHNSON made 3 miles in 7:55% in a bicycle race at Minneapolis, lowering the record 15 1/4 seconds. BUSINESS has been resumed by the First national bank of Anthony, Kan., which suspended payment in July. A MOB wear Morganfield, Ky., lynched Charles Watson, a negro who cut the throat of little Sam Keith, 10 years old, to secure four dollars. WILLIAM J. JAMISON (colored), who murdered Supervisor Charles N. Aaron April 19, 1892, was hanged at Quincy, III. This was the third hanging in Quincy in sixty-five years. WITHIN ten days twenty members of the Meacham gang have been killed near Jackson, Ala., and five others were surrounded, but escaped.

19. August 24, 1893 River Falls Journal River Falls, WI
Article from River Falls Journal, August 24, 1893

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INTERPRETER Yoshikawa and Com missioner Minano, Japanese represent ing their government at the world's fair, have been converted to Christianity. THE impeachment of President Cleveland and Secretary Carlisle is demanded by the Advocate, the organ at Topeka of the Kansas populists, for failure to purchase the prescribed quantity of silver in July. THREE cars were dropped 60 feet by the giving way of a bridge near Milton, Va., and seven persons were killed and four injured. THE First national bank at Dubuque, Ia., the bank at Albany, Mo., and the Kendall county bank at Yorkville, III., closed their doors. MARTIN SCHULTZ and his wife, an aged couple living near Cherokee, Ia., were murdered and their home ransacked by robbers. IN Cincinnati the Standard Wagon company, one of the largest concerns of the kind in the west, failed for $700,000; assets, $1,200,000. By a collision on the Chicago, Milwaukee & St. Paul railroad near Dubuque, Ia., twelve persons were injured THE death of John Logan Chipman, member of congress from the First district of Michigan, occurred at his home in Detroit, aged 63 years. THE Nebraska democrats will hold their convention at Lincoln October 4. IN a fit of anger Cyrus Brow n, of Cincinnati, shot and killed his wife, to whom he had been married thirty years. VIRGINIA democrats in convention at Richmond nominated Charles T. O'Ferrall for governor and R. C. Kent for lieutenant governor. THE four banks in Le Mars, Ia., suspended. They were the First national and Le Mars national, with a capital of $100,000 each, and the Le Mars state and German savings banks. DRINKING water from an impure well caused the death of three children of J. L. Casey, of Little Rock, Ark., and the rest of the family were seriously ill. A TRACTION engine near Martin's Ferry, O., became unmanageable and ran backward down a hill, killing Carrie and Nellie Ackerman, aged 5 and 11 years, respectively, and fatally injuring Ella King. A FIRE at Benton, III., destroyed the city hall, post office and the Chronicle office. J. S. JOHNSON made 3 miles in 7:55% in a bicycle race at Minneapolis, lowering the record 15 1/4 seconds. BUSINESS has been resumed by the First national bank of Anthony, Kan., which suspended payment in July. A MOB near Morganfield, Ky., lynched Charles Watson, a negro who cut the throat of little Sam Keith, 10 years old, to secure four dollars. WILLIAM J. JAMISON (colored), who murdered Supervisor Charles N. Aaron April 19, 1892, was hanged at Quincy, III. This was the third hanging in Quincy in sixty-five years. WITHIN ten days twenty members of the Meachain gang have been killed near Jackson Ala., and five others were surrounded, but escaped. BY the upsetting of a boat Mrs. Foster, her two children and her sister weredrowned at Bonnot's mill, 12 miles east of Jefferson City, Mo. NEAR Fort Smith, Ark., Charles Tart, a federal prisoner, was lynched by a mob for wounding Capt. C. C. Peete with a gun during a struggle. DOUGLASS CURTIS, of Chicago, as the result of a long spree, killed his child, fatally wounded his wife, and then took his own life. MRS. Anna E. SCHOLTKA, after forty years of married life, brought suit at Milwaukee for divorce from Christian Scholtka on the charge of cruelty. The couple have nineteen children. BUSINESS was resumed by the Union and People's national banks at Denver, Col., after a short suspension. NEAR Hunnewell, Kan., four haymakers were killed in a eollision with a company of soldiers who were clearing the Cherokee strip of intruders. A MOB lynched Monroe Smith(colored) for an attempted assault at Old Spring Hill, Ala. FIRE destroyed a large portion of the town of Dickson, Tenn.

20. August 24, 1893 The Middleburgh Post Middleburg, PA
Article from The Middleburgh Post, August 24, 1893

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LATER NEWS WAIFS. FINANCIAL AND COMMERCIAL. The People's National Bank, of Winston, N. C., capital $100,000, has suspended. Lerears, La, was surprised by the suspension of all the banks in the city. They were the First National and Lemars National, with a capital of $100,000 each, and and the Lemars State and German Savings Banks. Notices were posted on the doors that the suspensions are due to inability to realize OR assets, but that all depositors will be paid. The First National Bank of Anthony, Kan., which suspended payment in July was permitted to reopen its doors to business. The Waxahachie National bank of Waxahachie, Tex., which suspended payment August 11, was permitted to resume business. PUEBLO, CoL-Bank Examiner J. Sam Bro wn has given permission to the Central National Bank, which suspended July 15. to resume business. The American and Western national banks, which suspended the same day, have received permission from Comptroller Eckels to resume and are rapidly complying with the conditions required.

21. August 26, 1893 The Cape Girardeau Democrat Cape Girardeau, MO
Article from The Cape Girardeau Democrat, August 26, 1893

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ing their government at the world's fair, have been converted to Christianity. THE impeachment of President Cleveland and Secretary Carlisle is demanded by the Advocate, the organ at To peka of the Kansas populists. for failure to purchase the prescribed quantity of silver in July. THREE cars were dropped 60 feet by the giving May of a bridge near Milton, Va., and seven persons were killed and four injured. THE First national bank at Dubuque, I Ia., the bank at Albany. Mo., and the Kendall county bank at Yorkville, III., I closed their doors. e MARTIN SCHULTZ and his wife, an aged couple living near Cherokee, Fa., were murdered and their home ransacked by robbers. THE doors of the National bank of commerce at Denver, Col., have re opened for business. is Cincinnati the Standard Wagon company, one of the largest concerns of the kind in the west, failed for $700,000; assets, $1,200,000. Br a collision on the Chicago, Milwaukee & St. Paul railroad near Dubuque, Ia., twelve persons were injured THE death of John Logan Chipman, member of congress from the First dis triet of Michigan, occurred at his home in Detroit, aged 63 years. THE Nebraska democrats will hold their convention at Lincoln October 4. IN a fit of anger Cyrus Brown, of Cincinnati, shot and killed his wife, to whom he had been married thirty years. VIRGINIA democrats in convention at Richmond nominated Charles T. O'Ferrall for governor and R. C. Kent for lieutenant governor. THE four banks in Le Mars, Ia., suspended. They were the First national and Le Mars national, with a capital of $100,000 each, and the Le Mars state and German savings banks. DRINKING water from an impure well caused the death of three children of J. L. Casey, of Little Rock, Ark., and the rest of the family were seriously ill. A TRACTION engine near Martin's Ferry. O., became unmanageable and ran backward down a hill, killing Carrie and Nellie Ackerman, aged 5 and 11 years, respectively, and fatally injuring Ella King. A FIRE at Benton, Ill., destroyed the city hall, post office and the Chronicle office. J. S. JOHNSON made 3 miles in 7:53/4 in a bicycle race at Minneapolis, lowering the record 1514 seconds. BUSINESS has been resumed by the First national bank of Anthony, Kan., which suspended payment in July. A MOB near Morganfield, Ky., lynched Charles Watson, a negro who cut the throat of little Sam Keith, 10 years old, to secure four dollars. WILLIAM J. JAMISON (colored), who murdered Supervisor Charles N. Aaron April 19. 1892. was hanged at Quiney, III. This was the third hanging in Quiney in sixty-five years. WITHIN ten days twenty members of the Meacham gang have been killed near Jackson, Ala., and five others were surrounded, but escaped.

22. August 29, 1893 Evening Star Washington, DC
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.

23. September 3, 1893 The Times Richmond, VA
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.

24. March 21, 1908 The Topeka State Journal Topeka, KS
Article from The Topeka State Journal, March 21, 1908

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The recent appointment of Philip G. Walton, president of the First National bank of Anthony, Kansas, to be a national bank examiner for this state has added to the staff of the comptroller of the currency a man of achievement in the business affairs of his section of the state. Mr. Waiton is of English descent, his father being a prominent woolen manufacturer in Methuen, Mass., later engaged in banking in that state. Examiner Walton's first business experience was in his father's woolen mills. Later, before he had reached his majority, he came west in 1886 with an elder brother and went in the cattle business in what was then the Indian Territory south of Anthony. The two brothers lost considerable money in the cattle business; so much that P. G. Walton accepted a position as secretary to the president of the First National bank as a means of livelihood in 1888. By the hardest of hard work he achieved the position of head bookkeeper of the institution in 1892, and at the reorganization of the bank in 1893 was made cashier, just in time to be caught by the panic of that year. That the institution survived is due wholly to the hustling ability of Mr. Walton. The bank has been under his management ever since and has grown without stop; at this time the totals of its statements exceed a half million dollars, deposits being above four hundred thousand, with cash resources of over two hundred thousand dollars. During the recent financial flurry the First National bank not only paid every check of its own presented, but paid pension checks and many checks and drafts on other banks where it was a convenience to their customers. In addition to the development of the