The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1893-05-13
ALL TUMBLING DOWN.
1t Is u Hard Season for Banks and
Commercial Concerns.

Commercial Concerns.
CINCINNATI. May 12.-1he private bank
OF Dwiggins. Star6uck Il Co., at Williams
burg. Ohio, closed its doors this morning
on orders from DwiGgins, president of the
Columbia Bank at Chicago. 1t was
branch Of that bank. The assets arc
$50. coo. liabilities 100000 The expert ac-
countant employed at the bank yesterday
came here early this morning and was
arrested and charged with embezzlement.
1t is suspected that he has been employed
to conceal some funds OF the bank.
TOLEDO, OHIO, May I2.-The Ottawa
County Bank at ElmOre, Ohio, closed its
doors to-day as a result of the failure of
the Columbia National Bank of Chicago.
The outlook is that the depositors will be
paid in full.
EDwARDsBURG, Mich, May -. The
Citizen $ Bank displayed notice on its
door this morning as follows: "0ut of
town on business; back at noon" Dwig-
gins, Starbuck & Co. of the Columbia
National Bank at Chicago held large
share of stock in the Citizens Bank. The
citizens of this place are interested 10 the
extent OF S25,000 The township and
school funds are also tied up. The man
sger of the local bank, I. Lawton of Micht-
gan. has left taTn. The bank is closed.
Liabilities small.
OTTAWA, H., May 12.-Richard J. Hor-
nick, banker, merchant and Speculation. of
Grand Ridge, has failed, owing to the run
on his bank, caused by financial entangle-
ment with his brother, John Hornick OF
Sioux City.
INDIANAPOLIS. May 12.-The CONNER
cial Bank Of Brookston has failed. There
is no statement of assets or liabilities. 1t
was controlled by the Colum bia Bank of
Chicago.
The bank of Greenwood, Ind. has closed
its doors on account of the failure of the
Columbia Bank at Chicago. There is no
statement.
The directors of the Capital National
Bank of this city, which suspended yes
terday, to-day state that the suspension
canno. result in the loss of one dollar to a
single depositor.
KoKoNo, Ind, May 12.-The CONNER
ctal State Bank OF RussiavilIe and the
Farmers Bank at Groentown, both under
one management, failed this morning for
SEQ. 600. The failure of the Columbia Bank
at Chicago is responsible for the collapse.
About twenty other banks in Indiana are
connected to some extent with the Column
bia Bank, and like number OF private
banks, are mostly small concerns.
GENEVA. Ind, May 12.-The Farmers
and Merchants Bank suspended to-day at
noon. 1t was connected with the Colum-
bla National of Chicago.
LAFAYETTE, Ind, May 12.-The Com
mercial Bank at Brookston. fifteen miles
north Of this city, has closed its DOORS The
deposits amount to about $4,000, and the
officers say it will pay in full and will re-
sumo business as soon as It's affairs can be
Strengthened out.
PORTLAND. Ind, May PA deputy
Sheriff left here this morning upon re-
ceipt Of the news of the Dunkirk failure
with writ of attachment. He found that
the total assets amounted to $1,000 in money
and few notes. The largest figures are
that the liabilities will overrun $4,000. A
meeting Of creditors was held today. put
no definite action was taken.
HILLsDALE. Mich, May 12.-The First
State Bank of this city went into Iiquida-
ton to-day. The business was transferred
to the HiIlsdale Savings Bank. which will
assume all liabilities and pay all depositors
in full.
ROCKFORD. Mich, May 12-The pri-
vate banking institutions at Paris and Nave
closed their doors this morning. Nothing
is to be learned except that the banks arc
affected by the failure Of the Minneapolis
bank.
KALAMAZOO. Mich. May 12.-The
Union Bank at Rlchand. this, county, did
not open its doors to-day, owing to its
connection with the Columbian National
Bank of Chicago. Cashier Wants ex-
poets to raise sufficient cash to enable him
TO open the doors tomorrow morning and
to pay all claims.
Dwiggin, Starbuck & Co. OF Chicago
also owned the Lawton bank, which is
now In the hands of The Sheriff.
MADISON, Wis, May 12.-The Bank of
Oregon. established about one year ago by
Dwiggin, Starbuck & Co., made an assign
ment today. The closing Of the bank is
due to the collapse OF the Columbian Ma
tional Bank of Chicago. The assets are
figured at s35.000 and the liabilities at
$4,000, of which S25,0 is due deposit
ors, who are nearly all business men of
the village Of Oregon.
CHARLEvoIX, Mich, May u. = The
Bank of Charleyoix closed its doors this
morning and placed its affairs in the hands
u on "'sisneo' ihe NortueTH michigan
Seed Company, for which the bank fur
nished financial backing. is included in
the assignment, butt other failures will
result. The deposits will probably not
exceed $4,000. and 1t is believed that
every creditor will be paid in full.
CASEY. H.. May 12.-The Columbia Ma
tional Bank of Chicago was the principal
stockholder of the Farmers and Mer-
chants Bank Of this city. and it made an
assignment to-day. The assets are prob
ably $4,000. The liabilities are uncertain
SO far, but 1t is thought they will reach
$4,000 or over.
WILMINGTON. Del, May 12.-The Iia-
bilities of r. b. Robinson & Co.. the sus-
pended bankers, are 1925 coo; assets,
100000. The order Of the knights of