Bank of Ellsworth (Ellsworth, WI)

Episode Information

Episode UID
79035771124
Episode Type
Suspension โ†’ Reopening
Bank Type
state
Bank ID
7903577 routing
Routing Number
79-0357
Start Date
August 17, 1893
Location
Ellsworth, Wisconsin (44.732, -92.487)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
a5ed53c58e3759f8

Response Measures

None

Events (2)

1. August 17, 1893 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Statement showed assets $116,737 vs. liabilities $86,000 and shared stockholders with another suspended bank, indicating insolvency/financial trouble.
Newspaper Excerpt
The Bank of Ellsworth, at Ellsworth, Wis., has closed. The statement for July 1st shows assets of $116,737 and liabilities of $86,000.
Source
newspapers
2. August 19, 1893 Reopening
Newspaper Excerpt
Banks at River Falls and Ellsworth, Wis., which suspended a few days ago will resume.
Source
newspapers

Newspaper Articles (10)

Article from The Portland Daily Press, August 18, 1893

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Article Text

More Banks in Trouble. Hudson, Wis., August 17.-The bank of River Falls and the Bank of Ellsworth have suspended. Sheboygan, Wis., August 17-The Forest Venner Sealing company has assigned. Liabilities $100,000. Cleveland, Ohio, August 17.-The Cardington Banking company has suspended.


Article from The Morning News, August 18, 1893

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Article Text

WISCONSIN FAILURES. Chair Seating Firm and two Banks Suspend. Sheboygan, Wis., Aug. 17.-The Frost Veneer-Seating Company of this city assigned. Assets, $300,000; liabilities, $100,000.' The assignee will continue business. TWO WISCONSIN BANKS CLOSE. Hudson, Wis., Aug. 17.-The Bank of River Falls, Wis., suspended yesterday. The statement for July 1 showed assets as $325,526, with liabilities at $284,000. The Bank of Ellsworth, at Ellsworth, Wis., has closed. The statement for July 1 showed assets $116,737, with liabilities $86,000. The stockholders of both banks are largely the same. It is believed they will reorganize. DUBUQUE RECORDS ITS FIRST BANK FAILURE. Dubuque, Iowa, Aug. 17.-The First National bank of this city suspended this morning. It was one of the oldest institutions in this city, and had a capital of $200,000. This is the first failure in Dubuque since the financial trouble began.


Article from Richmond Dispatch, August 18, 1893

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Article Text

Wisconsin Banks Suspend. [By telegraph to the Dispatch.] HUDSON, WIS., August 17.-The Bank of River Falls, Wis., suspended yesterday. The statement for July 1st shows assets of $325,526 and liabilities of $284,000. The Bank of Ellsworth. at Ellsworth, Wis., has also closed. Its statement for July 1st shows assets of $116,737 and liabilities of $86,000. The stockholders of both banks are largely the same and it is believed that the banks will reorganize,


Article from St. Paul Daily Globe, August 18, 1893

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Article Text

Badger Banks Fail. MILWAUKEE, Wis., Aug. 17. - The Bank of River Falls, Wis., R. S. Burhiyete president, capital $40,000, has suspended. The statement for July shows assets $325,526; liabilities, $284,000. The Bank of Ellsworth, Ellsworth, Wis., capital $35,000, also closed. The statement for July 1 showed assets $116,737; liabilities, $86,000. Stockholders in both banks were largely the same. It is believed the banks will be reorganized.


Article from The Madison Daily Leader, August 19, 1893

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Article Text

NEWS IN BRIEF. Matters of More or Less Importance Tersely Touched Upon. Fire at Williamsburg, N. Y., destroyed 16 houses. The pope has raised the vicarate of Idaho to the dignity of a bishopric. Banks at River Falls and Ellsworth, Wis., which suspended a few days ago will resume. Officer James Gavin of St. Paul was found asleep on his beat and was dis charged. Cholera appears to have been completely stamped out in New York harbor. Secretary Carlisle has requested the resignation of J. Webb Flanagan, collector of customs at El Paso, Tex. Ernest Osmond, an English bicyolist, covered two miles on a safety in 4 minutes 24 2-5 seconds, breakingall records. P. S. Ware, editor of the Thief River Falls Press, has been appointed deputy United States marshal by Marshal Donahamer. The 83d birthday of Emperor Frans Josef was celebrated at the world's fair grounds by Austrians of this country. There was a large attendance. One of the best known and oldest of American landscape painters, John W. Casilear, N. A., died suddenly of apoplexy at Saratoga Springs, aged 82 years. At Denver, Frank Barton, a carpenter, was fatally shot by Officer McPhee, the policeman mistaking him for a burglar. The man ran when hailed and the officer, who was inexperienced fired three shots, two taking effect.


Article from Morris Tribune, August 23, 1893

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Article Text

Saturday, Aug 19. The pope has raised the vicarate of Idaho to the dignity of a bishopric. Banks at River Falls and Ellsworth, Wis., which suspended a few days ago will resume. Cholera appears to have been completely stamped out in New York harbor. Secretary Carlisle has requested the resignation of J. Webb Flanagan, collector of customs at El Paso, Tex. Anthony Scott, residing in Highlands, a suburb of Denver, became insame on learning that his pension of $8 a month had been cut off. The 83d birthday of Emperor Franz Josef was celebrated at the world's fair grounds by Austrians of this country. There was a large attendance. One of the best known and oldest of American landscape painters, John W. Casilear, N. A., died suddenly of apoplexy at Saratoga Springs, aged 82 years. At Denver, Frank Barton, a carpenter, was fatally shot by Officer McPhee, the policeman mistaking him for a burglar. The man ran when hailed, and the officer, who was inexperienced, fired three shots, two taking effect.


Article from Watertown Republican, August 23, 1893

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Article Text

TWO BADGER BANKS FAIL. Banks of River Falls and Ellsworth Close Their Doors. HUDSON, Wis., Aug. 17.-The Bank of River Falls, Wis., R. S. Burhiyete; president, capital $40,000, suspended yesterday. The statement for July 1 shows assets $325,526, liabilities, $284,000. The Bank of Ellsworth, Ellsworth, Wis., capital $35,000,, also closed. The statement for Julv 1 showed assets $116,737; liabilities, $86,000. Stockholders in both banks were largely the same. It is believed the banks will be reorganized.


Article from Wood County Reporter, August 24, 1893

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Article Text

BANKS GO BROKE. The Burhyte Concern at River Falls in Trouble. Hudson, Wis., Aug. 17.-The Bank of River Falls, Wis., R. S. Burhyte, president, capital $40,000, has suspended. The statement for July 1 shows assets $325,526, liabilities, $284,000. The Bank of Ellsworth, capital $35,000, also closed. The statement for July 1 showed assets $116,737; liabilities, $86,000. Stockholders in both banks were largely the same. It is believed the banks will be reorganized.


Article from Eagle River Review, August 24, 1893

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Article Text

TWO BADGER BANKS FAIL. Banks of River Falls and Ellsworth Close Their Doors. HUDSON, Wis., Aug. 17.-The Bank River Falls, Wis., R. S. Burhiyete president, capital $40,000, suspended yesterday. The statement for July 1 shows assets $325,526 liabilities, $284,000. The Bank of Ells worth, Ellsworth, Wis., capital $35,000 also closed. The statement for July showed assets $116,737; liabilities, $80,00 000. Stockholders in both banks were largely the same. It is believed the banks will be reorganized.


Article from Iowa County Democrat, August 25, 1893

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Article Text

BANKS GO BROKE. The Burhyte Concern at River Falls in Trouble. Hudson, Wis., Aug. 17.-The Bank of River Falls, Wis., R. S. Burhyte, president, capital $40,000, has suspended. The statement for July 1 shows assets $325,526, liabilities, $284,000. The Bank of Ellsworth, capital $35,000, also closed. The statement for July 1 showed assets $116,737; liabilities, $86,000. Stockholders in both banks were largely the same. It is believed the banks will be reorganized.