The Middleburgh post. [volume] (Middleburgh, Snyder Co., Pa.) 1883-1916, 1893-05-18
4 LONG LIST OF FAILURES
MANY SMALL BANKS 60 UNDER.
The Failure of the Columbia National
Bank of Chicago had Far. Reaching
Effect. Most of the Suspended In
stitutions in Country Towns
Where the Farmer Will Be
the Loser.

The otiic ais Of the Capitol National Bank
indianapolis, Ind. which closed its doors
Friday say they will he able TO resume bus
lness within a few days providing the
Chemical National Bank. OF Chicago, Is
able to open its doors.
The failure OF the Columbian National
Bank. OF Chicago caused banking institu.
lions throughout Indiana to close their
doors Friday. Most Of them are small con-
erns and the majority OF their stock was
owned by Dwiggns & Starbuck, Of the
columbia National. Their capital stock
ranged from $20, 600 TO ESQ 600. The Column
bia National controlled about 81 banks in
this State and more failures are anticipated
The failures were: the Commercial State
Bank, Of Russiaville; Bank at Dunkirk;
Farmers, Of Greentown; Commercial Bank
OF MorrisiowD; Cominel cal Bank of Wal
kerton; Bank Of Greenwood Of Green wood:
Farmers and Merchants. Of Geneva. The
failure at Dunkirk was the heaviest. The
liabilities are 100000 and the assets are
reported about two thirds that amount
The Indianapolis banks claim to be not
affected 10y these failures.
FAILURES ~ OTHER STATES
CHARLEvoiX, MIcu.-W. l.. Brown & Co.
bankers, doing business under the name of
the Bank of Charlevoir. have made an
assignment
ToLruo, O.--The Ottawa County Bank ut
Gilmore, u branch OF the Chicago Columbia,
has clo'ed It's doors.
CoNvoY, O.-The Farmers Bank Of Con-
voy, o.. closed It's doors, caused by its rela.
lions with the Columbia National Bank Of
Chicago
pANPAw, Micn Great excitement pre-
walls at Lawton. The managers OF y local
hank there did not open up the institution
FRIDAY morning, having left town the pre-
vious night. Citizens have some $500
deposited IN the bauk and are taking legal
steps in the hope Of realizing something.
RicuLANp, MIcn-1he Union Bank a
branch Of the ColumbiaNationalo ot Chicago
Is closed. The cashier says that the deposit
ors will be raid in full.
GRAND MrIps, MIcH The private bank
ing institution Of Paris X Move. at Rock.
ford. Kent county. closed It's doors upon
order o' the proprietors who live ut Indian
npols The bank did lively business among
the farmers.
EpwARnsHvRG. MIcH-The Citizens Bank.
or this place. closed its doors About $2j,-
600 OF local deposits together with township
and school funds nre affected, IL wag
branch of the Chicago Columbia.
CINCINNATI, O.-Thc private banking firm
Of Dwiggins. Starbuck 4 Co.. Of Williams
burg. o.. has failed. About $500 is due
the Williamsburg bank by the Columbia. OF
Chicago. all uf which IL is thought will be
lost The postmaster M Williamsburg or.
dered the arrest of Lawrence L Good, eI-
pert accountant who had started for Cincjn-
natl. 6ood was taken in custody on his
arrival here lie is charged with embezzle
ment.
OTTAWA. ILL-Richard J. IIornick, bank
,.f a
hege. made an assignment, The cause is
giyeL az run on his bank, cnused by the
| nnnnciJ. Nntanglemeut OF his brother aud
hacker, Johi HGrpick. OF Sioux City, Ia.
oTbAs - rAiLuRts.
| '-ros' s,;,',.l1one' >, a. r. kuser,
Aygeria Tee Company applied for the
appointn ent Of receiver tor that company
The total liabilitis are said to be $4,000
and the assets abou the same.
MILWAUKEE. Wis The biz house furnish
ing house of Frank \. Iappcn * Co., ana
the Lappen Furniture Company, are in
financial straits. Judgments were entered
by the Wisconsin National Bank for S'l.-
600. and by A. Lautausr & Go. for SiO Ooo
The Plankirton Bank has filed al a'tac1.
ment for $4,000. The sheriff Is iu posses
sion.
PAKKrusBURG, " VA :. Sorrell. for
years one Ot the largest pork packers in
West Virginia, but recently in the meat
and grocery business made an assignment
TO W f. Atkinson. The liabilities are
several times The assets. tinciunatia
ri tsburg, Baltimore and Philadelphia
parties are caught The Citizens National
Bank, Of this CITY Is a large creditor
LOUISVILLE. kY-Ihe wholesale whiskeY
firm Of W. II. Thomas e Sons suspended
payment. The different bankers with
which the firm has done business place the
excpes Of assets over Liabilities at from $50.
wv 70 100000.