New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-07-25
MORE WESTERN BANKS FALL
EyJNITED STATES TREASURER HuSTONS
INSTITUTION AMONG THEM.
THE JOI,I,v1LLE CITY NATIONAL SUSPENDS PAY
MENT-NANY POOR PEOPLE IN CHICADO
LIKELY TO LOSE THEIR SWINGS

THE LOUI,VILLE CITY NATIONAL SCSPENpS PM
MENT-NANY POOR PEOPLE IN CHICAGO
LIKELY TO LOSE THEIR SAVINGS.
Connorsville. Ind. July of.-The Citizens banh'
owned by exUned States Treasurer Huston ia''eo
to omen is doors this morning owing TO the financial
strinrcncy The liabilities will not exceed 800
900 The dep0sitors WILL 1t is said bc paid IN Inii'
In an interview Mr. Huston said, regarding the sus-
pension Of the hank:
at is nv misfortune None of the dcpositorS or
creditors will lose cent. My personal property VIII
more than all liabilities to say nothing "oo"'
the real estate II will not affect any OF the IN
dustr,cs IN which am Interested in the least The
rea cause Of the suspension Is the rmOrs that have
heeu sprcad abroad that j Interested In Foreign
srecIla,ions and had lost heavily. There Is no'mhg
In The Story hut IL had the effect TO scare quite "
number of my depostors. which left me In crlpp'ed
condition. The bank Is my own individual property
and every dollar that ] am worth viii STAND g"'n
for my liabilities. No one Will lose anything. y"
that | ask is a little time. and everything VIII he
adjusted satisfactorily. | have been pn'dhg up
business for twenty here. and always TOOK pr'ue
I'm nv honesty. Now have the opportunity 10 Sho"
the people that I am honest. ] want no one 10 'os
anything not even those who have been @hsrnheh'd'
in bringing my misfortune about
louisville July 2i.-1he Louisville ''N N"""""'
Bank suspended payment at 90 o'clock this alter
noon 1t has Il capital OF 100000. The announce
ment that IL had closed for business was ho' eheA
pected. The bank found that IT was imposs'"' 10
reaize mn tbe assets owing 10 the financial stiny'ncy
Depos received to-day will be returned to the BANK
patrons.
Tacomo Wash. July c4.-Thc Tacoma National
Bank ono Of the strongest in the Northwest. sus-
pended this morning. II has been assisting other
hanks in the city for the last six months
Great Falls. Mont, .Jnly 24-The Merchants Ma
,iona Dank closed It's doors today at noon
notice signed by the directors stating that all the de-
posi,ors will be raid In full was posted
Milwaukee, July 24.-It was expected that the runs
81 Saturday on several OF the banks would be re
Moved TODAY but none were started, and. unless
something unforeseen again disturl's the business
world matters AT the banks Will be In their normal
condition I'm a few days. II has been definitely de-
cided that the Milwaukee National Bank will soon re-
oicn is doors. ,,
Chicago, July "a (SpccaD.-Iradiori 'h"c''
bankers Of Dearborn ISL have closed their hnahchi
institution The deposits said TO aggregate o.
tween 800. 900 and 100000. A year ago F. ID. ana
j. d. Bradford made money In lana deal AT
Tolles,on. Ind and soon afte:ward opened private
bank. The frst thing they did after having thr'f
SIGN poIn,ed was 10 distributed several thousand
small iron banks among the poor people oi 'ni'hg"'
The hanks could he opened only by me hrfhIoIus,;
When one Of these receptaces wts filled with snhil
coins the holder would take II 10 aiIorl :, nay ~ Z
amount Last March r. ID. bradford retired, anu anu
George Church admitted rs Junior partner. Nelr
n month ago Bradford and Church went away anu h
have not been seen since then FRANK '. Homer Wv
disapDearcd since that time nothing has been sen
Of anyone connected with the bank