The daily morning Astorian. [volume] (Astoria, Oregon) 1883-1899, 1893-06-07

almost entirely subslded but reheI
came too late for the Citizens Ma
tlonal, which closed its doors at 2
o'clock. Other banks stood the strain
with no visible signs Of weakening, and
since they have been strengthening
themselves, the worst Of the furry IS
believed to be over. 1t is generally be
lieved that there will be no more sus-
pensions.
The officers Of the Citizens National
are Il. B. Hyde, president; B. G. Van
Houten, vice president; A. A. New
berry, cashier. Congressman John L.
Wilson, was a heavy stoclSholder, Mr..
HYDE said tonight that this bank
would pay every depositor in full, and
that enough would remain to hold the
stock at a premium. The deposits
at the time of suspension were slight
ly in excess of 100000, while against
this the bank has more than 100000 in
bills receivable.
The officers Of the washington Ma
tional are Henry L. Tilton, president;
A. M. Cannon, vice president; f. p,
Goodall cashier Mr.. Goodall said that
they would pay everything in full, and
that the banks assets are largely in
excess of its liabilities.
Defiance, Ohio, June 6.--The doors
Of the Defiance Savings Bank were
closed yesterday afternoon, just before
the close Of business. Many of the
stockholders did not know that such
a step was in contemplation The bank
is the youngest in town. The assets
net less than sl5O,OOO, and the liabili-
ties are stated at 100000. The failure
is attributed to large loans made by
the bank, which ties up some $127OO0
leaving them too narrow working
capital
Bedford Ind, June 6.-The communi-
ty was startled this morning when
the Bedford Bank failed to open its
doors. President w. ]. Stanley ex-
planned that in consequence of the re-
cent heavy Withdrawals of deposits,
the bank would be forced to suspend
for a few days. 1t is one of the Oldest
and most reliable banks in the city.
Manitowoc,. Wis, June 6.-The State
bank in this city has failed. It had a
capital of $4,000; surplus, $4,000 The
Manitowoc Savings bank is now exper-
fencing a slight run. Reports from RAJ
cine say the run in progress on the
Manufacturers National bank at Mad
ison, and the run on the First National,
have increased.
Boston, June 6.-Potter & Potter,
publishers of the New England Mag
azine, Yankee Blade, Woman's Home
Journal, and other periodicals, have
made an assignment. Liabilities, $75,-
coo to 100000 The firm may resume
The failure is due to a losing business
on the New England Magazine.
Spokane, June 6.--At 2 o'clock the
Citizens National Bank closed its
doors. 1t is impossible to get reliable
information. 1t is reported. here on APP
parently reliable authority that the
Palouse City Bank has also suspended
New York, June GA notice on
the door of the defunct Canal Street
bank this morning informed clamor-
ing crowd Of depositors that the bank
Will go into liquidation, and that the
depositors will be paid in full.
Philadelphia June 6--samuel A
Prince, owner Of the marble works
here and quarnes in Ruthland VT
failed. Liabilities, 100000. The nom
inal assets are a quarter Of million
Portland, June 6.-The Virtue Min
ing Company assigned today Assets
100000; liabilities $4,000