The Emporia news. [volume] (Emporia, Kan.) 1859-1881, 1877-07-20

patches report the suspension of the
Pike County Bank at Louisiana, Nissi-
ouri to-day. It is said that the de-
pOsitOrs will be paid, but there will be
little left for the stockholders.
CINCINNATI, July 1.-THE National
Bank Examiner for Indiana has closed
the First National Bank OF Delhi on
account of run upon the bank, ow-
ing to the failure of Dugan, Case &
spears, of Chicago, Dugan being presi-
dent of the bark. The assets are said
TO be $4,000 inexcess of liabilities.
Sr. LOUIS, t5uIy lib. M Cham.
bers, president of the. Butchers and
DoVers bankkeE this diEy, makes an
announeemen8< this morning of the
suspension Of. that bank. He says
only fifty per cent. OF the capital
stock has been paid in, leaving $780,
OO0to be derived from that source il
found necessary TO secure depositors.
ST. LOUIS, July IA run was
started this afternoon Oh the Boat
mans Savings bank, but the bank
kept its doors open until 6 80 O'Clock
this evening, and promptly met all
demands. The run was not very
general, the largest single amount
drawn being $500. The business OF
the bank progressed nearly as usual.
and the amount received by it amounts
to nearly half as much as was paid
out. svE
Runs were also made on the Union
Savings assoclaribn,, North ST. Louis
Savings association, Franklin avenue
German Savingeys Lucas bank, Lafav-
cite bank, Citizens and Bank of st.
Louis but they were in no sense ex-
tensiVe.
The iemsndS &eEe almost exclusive
~ made by small depositors of the
laboring class and were met prompt
ly, except in Some cases where time
deposits were called for and the banks
stood upon the usual sixty days no.
tice. The aggregate drawn from each
bank WAS comparatively small and
was easily met. Very few, if any,
regular merchants or business men
Joined in the rams
ST. LOUIS, July 16.
The North St.sLelis Savings Asso-
citation closed, its doors at half past
ten. No statement has yet been made
by its officers or directors.
The Bank of st. Louis has closed its
doors. The President, Jacob S. Mer-
rill, says the depositors will be paid in
time.
6P. Mt is stated on good authori-
ty that all the large banks have de-
clared their purpose to pay no more
time certificates, except in cases where
distress or an unusual need ofcmoney
is clearly shown.
The Globe-DemocFat special from
Louisiana, Missouri says at q meeting
of the stockholders of the Pike county
bank to-day, the directors reported
the total liabilities of the bank at
Sl16 900 met value of the assets about
$4,000. The statement Is made that
depositors would receive dollar for
dollar. if time is granted. The capital
of the bank was 800, 0CJ with fifteen
per cent. paid in, =.
The furry of Saturday, occasioned
by the condition of the banks, con-
trary to expectation, did not snbside
yesterday, but continued to-day and
was materially strengthened towards
Louis Saving Association and the
Bank of st. Louis. AS on Saturday,
however, the persons engaged in the
run are almost wholly confined TO
small depositors of savings institutions
and small shop keepers. No mer-
chants or business men of any pre-
tensions are taking part in it.
The four per cent. Government
bonds and all. securities, even those
which command a premium, are be-
ing. sought after or Investment.
BosToN, July 1.-THE Commission
er of Savings Banks has enjoined the
Havenhill, Mass, Savings Bank from
doing further business.
ST. LOUIS. July 1.-THE enforce
ment of the 80 days notice rules has
stopped t9eYrt1n Nn the banks. The
Brewer Savings bank closed to-day.