The star. (Reynoldsville, Pa.) 1892-1946, 1893-05-17
A LONG LIST OF FAILURES
MANY SMALL BANKS 90 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 officials OF the Capitol National Bank
indianapolis, Ind. which closed its doors
Friday say they will be able to resume bus
iness 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 insttn
ions throughout Indiana to close their
doors Friday. Most Of them are small con-
.erns. and the majority Of their stock was
owned by Dwiggins & Starbuck, OF the
Columbia National. Their capital stock
ranged from $4,000 TO $50 600. The Column
bia National controlled about % 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 Morris,own; Comine cial Bank, of Wal
kerton; Bank Of Greenwood, Of Greenwood
Farmers and Merchants. of Geneva. The
failure at Dunkirk was the heaviest. The
liabilities are s7Co,000 and the assets are
reported about two thirds that amount.
The indianapolis banks claim to be not
affected by these failures.
CnARLEvolx, MIcn.-W. p. Brown Co.
bankers, doing business under the name OF
| the Bank of Charlevoix, have made an
assignment
T0rrpo O-The Ottawa County Bank at
| Elmore a branch of the Chicago Columbia,
| has clo.ed its'doors.
CoNvoY, O.-The Farmers Bank Of Con-
voy, O.. closed its doors, caused by its rela-
tions with the Columbia National Bank Of
| Chicago.
| pAwpAw, Men Great excitement pre-
walls at Lawton. The managers OF local
hank there did not open up the Institution
| Friday morning, having left town the pre-
vious night. Citizens have some $1,000
J deposited IN the bank and are taking legal
| steps in the hope Of realizing something.
| RiCHLAND, MfCH-1he Union Bank,
| branch of the Colum educational, OF Chicago
| is closed. The cashier says that the deposit
ors will be raid in full.
| GRAND RAPIDS, MiCH.--The private bank
| ing institution of Paris 4 Move, Mt Rock
ford. Kent county. closed it's doors upon
order ~ the proprietors who live at Indian
apols. The bank did a lively business among
| the farmers.
EpwARpsBrRG, MIcH-The Citizen's Bank
OF this place. closed its doors. About s25,-
| OOO OF local deposits together with township
and school funds are affected, 1t wac q
| branch of the Chicago Columbia.
| CiYCiNYATi, O.-The private banking firm
| of Dwiggins, S,arbuck e. Co.. OF Williams
burg o., has failed. About $4,000 is due
| the Williamsburg bank by the Columbia. OF
| Chicago. all ot which II is thought will be
lost The postmaster at Williamsburg or
dered the arrest Of Lawrence 7. Good, ex-
| pert accountant who had started for Cincin-
| natl Good was taken in custody on bis
arrival here. He is charged with embezzle-
| ment
OTTAWA. hi.-Richard J. Hornick, bank
er. merchant and speculatoI,, OF Grand
| Ridge made an assignment, The cause IS
| given IA n run on his bank, caused by the
financial entanglement of his brother and
hacker, John Hornick, of Sioux City, la.
OTHER THAN BANK rAIIuRts.
TRENTON, n. J,-Colonel A. r. kuser,
principal stockhoder and creditor OF the
nygerian Ice Company applied for the
appointment Of receiver for that company
The total liabilities are said to be $4,000
and the assets about the same.
| MILWAUKEE. WIs.-lhe big house furnish
ing house of Frank A. Lappen II Co., and
the Lappen Furniture Company, are IN
| financial straits. Judgments were entered
by the Wisconsin National Bank for sl4,-
O6O and by A. Laudauer a. Go. for $40 600
| The Plankinton Bank has filed ah attach
ment for s2l0,000. The sheriff is in posses
sion.
PAKKrRsBuRG, W. Val S. Sorrell, for
years one OF the largest pork packers in
West Virginia, but recently in the mea,
and grocery business, made an assignment
TO W. +. Atkinson. The liabilities a,t
several times the assets, CincinDatii
Pit,burg, Baltimore and Philadelphia
parties are caught. The Citizens Nationa
Bank, of this city is large creditor
| LOUISVILLE, KY.-The wholesale whiskey
firm of w. II. Thomas Il Sons suspended
payment. The different bankers will
which the firm has done business place th'
excees of assets over liabilities at from 500
Uv0 TO 100000.