Waterbury evening Democrat. [volume] (Waterbury, Conn.) 1887-1895, 1893-07-19
A. FINANCIAL FLUTTER.
Denver Still Somewhat Uneasy
After the Panic.
THREE BANKS EXPECT TO RESUME,

lar For Dollar, but 1t VIII Take Time
to Collect the DoIIars-A String of Kan
sas Banks Went Down.
DENVER, July 19.-Hhe financial situa-
| ton here this morning was decidedly UNI
| easy and feverish. Nothing else could
| have been expected after yesterdays panic.
| when three national banks-the Union
National. the Commercial National and
the National Bank of Commerce-closed
their doors owing to the heavy demands of
| excited depositors. The Mercantile bank,
| a small private institution doing business
| in the Mining Exchange building. also
| suspended, owing to the close of the Union
bank, through which its clearances were
| made
The suspension of three savings banks
i on the day before had so alarmed the COM
munity that at the hour for opening the
banks crowds had gathered in front of
nearly all the financial institutions. At
the German and City National banks the
run was heavy, although the First Ma
tional. the Peoples and one or two others
| felt the unusual pressure to some extent.
| The streets were full of people discussing
/ the situation.
1t was an orderly crowd. however. and
| there was much sensible and conservative
-hns,as ;taIs 90 20 80
, So anu Sstl'teU 'neIi
| 1 - AtS
Sne run "Ns oNer oy =" cIoeA' anu az me
ment was all over by noon. At the Ger
man National the crowd kept in line in
front of the teller's window all the after
| noon.
"t'S FpS'eA %n 'ne anu sue
~ Vi wy n!"h -,"''Un"t "1 t ',ie 4'i-
'""tiS no'l'e' slsheu oN H. y" 'ououFE'
presiueht'
The Union National bank Is in the hands OF
the coiaptr"lLer OF the currency. we nave lEnd
. IA III
sets IN ,nrst nmr rsprajninsJ Ha1Iiiti.,s Nth
| amount to about S5n,OCn We have realized on
our assets as rapidly as we could. and enough
local payments have been promised III" last Of
the Week 10 ehanle us l" take care OF d'ioSlt"rs
~ , M" l''I" anu INC 'oilil1r"''St as
80 ,si, IN ,,.' S,
| can nv no means los, n dollar of his dt,prsj,s
Crowds Around the hank noors
NJ soo,,sr,,.os .h., ,,.,+,,, ,,,,..,., .,..,
cro,rds hnr,ar ~ ,,ath.r ~ lb St la, a
for hours tbnngh tbe;r cor,noro,+ ;r',i;
v;duals were constapt1v rhsnsinr tbo
| crowds svvarp,a5 ,,rnr IL, s,r,,S Ii,
| the st,,sr,art If p,..;d.r,t VIM, IS
pu+tipe, variety NJ ;p+sr,r,tot;,,,s 100,
, + Eohoax saa,,,el ., h hoIl fr;t, -
and the rnivarsaI saptir,on+ ,,-as ~ 49,
Sanos;ts r,ars ,,srfsI,tIr safa ''''' WIG
T,bs Cornr,src;,1 Esti1,,aI ,o,,t H., 80.
owen ito doors NJ oil p,,.f,r;r,r ., a,-,,i,I
the inevitable RIM This notice 1Eos ,,ns,,J.
This bark bas ,-,,,s i,,., 1i,,,i,o.s,,, H., 49,
l of the hoard of directors
r Tbsra was poexcitar,ant Tho,
who stopne,1 IN road the sion ,ba,tc,, n,,i.+
lv about tho ,,rosn,.cts md Ill S.,,,,,i ,.,>,,
a5a,t ~ m i,iti,,,ato sat+Ia,r,,,t f',I1
n ~ %at;n,,aI rel ~ ,E,,,,,s, -
$ Ions Iine nj RI, ,yir,1n,,,if 49,,
: irr- te1Isr withi, n ,,,i,,rt.,,,f 49,,
49, VIZ. ,,r1ncked 100. ,,, -
,,..s ~ 10 ,.II,r,s ta,i 49,, Co., 90
\ he rassel o,,t tb, ,nora,- rs 49, ~, -
= .r,.r, rrssanted NJ
a Nv tbat tims a rur,h,r ~ L.,
rositors IND ircr.as,,1 -, Nv, a,
~ of,;cnrs 1ac;ds,1 - tal -, ~. ', Wv,
| fora,,.[ o,1 sow, ,,hat a.t,,,I l.,lL -,
n .tiD On hand Therefore a No, i,,.,. i,,,r
e At each of the doors r,adirt, n. f,,lI,,,,.s
r. This hank is closed nv nrd,.r ~ ~,
|. board of directors"
|. Those inside quietly filed ont with ,i,,l,
traca Of excitpr,ept and in n f,,- ,,,;,,,,.
the corner was clear Of any crowd th,,,,,l
l. ,,orr oous,d VI, Sow, ~, ,',,,,.,,,,,.,
V Tbs Nsrcartilc hail ,,.na,ti,,
10 ..a5 ,,;tb car;t.lst,,,t - Sion ~, Wv,
Iocatsd IN tbs Nf;nir,, Ex,.ha,'r ;',',
- ,,s L. -, VI, T. t: '''''''''7
II o? US 60 ,,',. Is,'"!,'N'''' a !,
l. ttor is the nr,,si,Ient If tb. bant a;,i
1ira,tnr ~ rho r,r,,,.r, ~ .-'
baire or,or., Ds,ysr's ,,,,,st s,,t.,a y, -
bnsinsss ,,,er '''' "a
TIL s,srars;o,, If ,,,,,,,,,,, ,,.,s ,,,,,,-,,
It ahout nv the closing Of the I-rion \at;',7,a
IhopE tbror,b v,b;rh ,h., \t..a,,,;I., ,,'''
- r,,aJa cI.,aro II j. ,,,,t;,i,',I,. ''''
thai the hanks d.nosit,rs viii - ~.
'e erx dollar dua them This bapt hn,1 49,,
% Ip operation only few months a,,s 49,
is comnarativelv few depositors constl,,.,,t
n " its susnanSiop cansal ,a,y GttI, -
went
Tbe First National hunk r,,c,;,,a5 s,n, 40
r nj IittIe after n,cInct ana sa50 n,G ~.
N A. tho cIosip,, hour M, ,a,,., So, "
N Work II was money dne prnsidn,, NJ -,
fatt for bullion he had soIJ