The sun., 1893-06-15
I.iBIoUs BANK rRoUBLEs
An INDIANA Bank Faiis-Exciteinent At
Omaha and Detroit substdes.

| An InGinna Bank Faiis-Exciteinent ~
| Omaha and Detroit snbsider.
FArRMoUs-. Ind. Juno 14-The Citizens
| Bank OF this town did not open its doors to-day.
| and tho officials announce its liability TO con-
| tinue business The only reason given is the
| stringency In the money market. Tho capital
stock is 100000. assets Sl91. .OGo. liabilities
| from s130OGOto Sl50O0O. Dr. Henley Of Fair
| mount is President. and Icy! Scott OF Eair-
| mount. tho largest stockhodcr. Is cashier. j.
| 7. Winslow. George Il. Thurston. and James
Johnson are directors. Philip Matter Of Marion
| has been appointed assignee.
TOPEKA, juno Estate Bank Commissioner
Breidenthal who has recently made an exam
ination into the affairs Of the bank OF Burr Oak,
which failed on Saturday declares that Mana
ger Burlbuit Of tho bank conducted its affairs
In such manner rs to qualify him for the
penteptiary. Hurlburt di sppearcd tho day
after tho failure. leaving wfo and two chill
dren behind and he cannot DO found Com
missioner Breidenthal says Hurlburt has
made many false staten cnts to tho Bank Com
missioner The banks deposits amount to
show a value Of S51.OUO they will net the de-
positors loss than 20 cents on the dollar. :.
prevails on n GrtswvoId street to-day. but there
vas s' Srs E[qwd waiting or nfmss9s th dsb1s
srsn af
posed almost entirely Of. women. intcrspersed
with = few laborers. Many Detroit business
bank corridors md advising them to go homo
ticeaby dimlnished.
OMAHA. Ncb. June 1+-Tho runs on tho
Omaha savings banks subsidized this morning
almost as. quickly rs they began Yesterday. In
dho @rsf ," BaMk MSG iH% th%r %t
hu, As soon As il hccancuprarcnt that he rush
wTs "ySr many left wth%n ak 9F 'heir sash
Bank ing Company failed to open its doors this
morning Tho cause Of the suspension has not
S ns yan a n %nm mo- Whsh was M
corporatcd in 1885. is composed Of wealthy |
st3SkhoidSrs. and, it is believed the depositors
P,rNFsvii.Lr. O.. June. I 4. - This morning the
Lake County bank Of Aaron Wilcox It Co.
posted this notice on its door:
10 meet .e run on II At present, o.ins to the stri, N
Iad in ruil.
run was begun on p,t the n ba9k yesterday, but
day. The general impression is that the hank
will be able torcsume business In short time.
liable for .he Indebtedness. in oil amounting
TO several hundred thousand dollars. The
was organized iwenty. i've years ago. and has
always been considered sound institution. .
CLEyErANp. June ll.-The Baackes Wire
inability TO raise money TO meet maturing pa
per was the sole cnuse OF tho failure. for the
and the assets reach $500. 900. The deed Of
assignment was filed in the Probate Court this
S95 Of 9hn q hsde benS Sn? n
assignee was fixed at $4,000 and ho at once
onk charge OF tho immense works OF the cor
Doration.
urers Of wire nails in the United states: u
sis of Cleveland worth millions Of dollars:
ir. Ranckes. Nire-President and founder OF
he Is ono Of the Th in the wire
srH.d in he lsnsaace s Of Mr T. i Lo:kwooS. SiSs
ors from ms ms!a1ishtering al US. We could ' not get
ichmcnts. itold the creditors they could not !
. It; and i we made an nssignment we can
a" a qs M G nn n SS nancr and would
The principal creditor is ;i Naylor &'ii Co. of
ew, York and Philadelphin 1t is, really an {
{ dollars Of steel Of them and always paid =
hem up, They refused to give us an enten- !
the TRs
sss% and I'd IssS, vii set his
oipted f!r the St. Louis. Chicago and s.. Paul t
80; oo1 vas 0Ied by the Atlantic Trust Com
any OF New lork IN lnp circuit court OF San. r
anon county. ILL.,. and the Court appointed C.
!. kimball, President Of the company. a CO. Z
,ccver with Joseph Dickson of st. Louis. the
cncra solicitor Of the company and former
,cciver Of the property
Mr.. kimball represents the New York firm
Post Martin Il Co.. who have n large flnan-
al interest in the property. The line is now !,
nng extended from Alton to East ST. Louis for II
,nnection with tho St Louis Merchants Ter v
inal system. It has had an eyentfnl history. h
nj was at one time part of the Wabash sys:: !,
m. NJ Eventually it Will nc acquired BY one Of ,. .
le ,
MOUNT FERNoS. Ohio. June 1.-the Chicago !.
rown stone Company. engaged in extensive
uarrying in Knox county has been placed in (
10 hands Of receiver on application Of Peter Y
erdicn of Chicago. Lewis +. Day OF Brink
nven has been appointed receiver, Claims ?
Zainst the concern amount to $780, !