St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-07-20
OTHER FAILURES.
Small Banks Go Up-Ory Goods,
Lumber and Other houses

6Histil oAhRS 10 Op-OFy 0OOuS,
Lumber and Other houses
Close.
ASPEN, Col, July 19.-The Wheeler
Banking company, the pioneer bank of
the city. closed lis doors at O'Clock this
afternoon. A statement OF its affairs
cannot be learned at present. A notice
on the door reads:
This bank has closed and is in the
hands of Benjamin Ferris"
A run is now being made on the First
National and the greatest excitement
prevails; 1000 people are in line draw
ing their deposits.
LoVELAND, Col, July 19.-The fol-
lowing notice was posted upon the door
of the Bank of LovelaGd Just before
noon today:
lowing 10 the closing of our Denver
correspondents, we nave decided to
close our duors temporarily. Our assets
are largely I'll excess of our liabilities.
Every depositOr will ne paid in full.
&c. l.. SMITH. Cashier"
The principal correspondent of this
bank i'll Denver was the German Ma
tionaf.
ASPEN. Col. July 19.-The stock of
dry goods Of Schilling Il Co., who were
recently closed by attachments, was
sold at a Sheritf's sale at / O'Clock to the
Aspen National bauk tor Si2,50O. 1t is
understood that the sale was a cOmpro-
mise. and the firm will resume bust
ness. The attachments amounted to
upward OF S5O,0J0
DENVER, July 19.-The North Dem
yer bank closed its doors late Yesterday
afternoon. There was no great run, out
the bank had been unable to realize
upon its securities ana was short OF.
funds. The depOsitors have been as
surad that they viii be paid 100 cents
on the dollar. w. II. Yankee is vice
president and 5. ). Kennedy president.
The Fucker Skirt and Furnishing
company, doing business on Sixteenth
street. assigned today 10 Charles Bur
pie. The assets are placed at $50, 900,
and the liabilities amount to $50
The NEUTRALITY-SUSPICIOUS. Lumber
company has assigned to Frederick 4
Sayrc. No schedule given.
+. Ii. Sayre, the assignee, said that
the assignment was the direct result of
the closing OF the State National bank,
and was simply necessary to gain time
during the present excitement. The
firm is one OF The most extensive in the
city.
The Blake Lumber company assigned
to Emmett Is. AIMS. No schedule
filed. This company was slighIy con-
nected lii business way with The L.
lack-Sayre-NewtOu company.
The Palace drug store, corner Six
teenth anu Curtis, made an assignment
10 +. f. SaYre. OF the Haliack- Sayre-
Newton Lumber company, the assign
ment being due TO the failure OF this
company.
j. Il. Naylor, furniture d. aler on
Fifteenth street, assigned this morning
Simon i. Thorn for the benefit of his
creditors.
The Stanle Shoe company today at
tached the Union Chthiug company on
a claim for *li5.
An assignment was made today by
the Peoples Coal company 10 John q.
O'Neiil. No schedule was filed.
GOidhammer q Weiss. saloon and res
taurant keepers on LarlmOre street, were
closed today on a chattel mortgage for
S22.063.90.
August Wehrle, ieweler, assigned to
Otto Schneider. No schedule was filed.
The HarriSOn-H annaS millinery store,
at Sixteenth and Welton streets, as
signed to William Z. Sherry. No sched-
uie was filed.
De Mango & Co., dealers in gentle
mems furnishing goods, made an assign
meDt to A. Z. De Iange. No schedule
was filed.
Sllas Is. Jacobs, gentlemen's furnish
ing goods, OH Seventeenth street near
| Curtis, assigned 10 +. j. White. Assets,
| 50, POI. IS; Liabilities, S4,1Sl.95.
| The Denver, Lakewood < Golden
Hallway company has been sued by the
| General Electric company for S5,705.75,
and writ of attachment was issued
out of the district court.
Topeka. Kad., July I9.-The Pioneer
| National Bank did net open its doors
| day. The assets are $4,000 and liza
| bIhIies $l1S,U00. The bank is In good
| condition ana under ordinary pressure
would not have experienced any diff
Guilty. There is no doubt but that the
depositorS will be paid in full. The
other banks are well fortified and no
| further trouble Is anticipated.
TOPEKA, Kan, July 9.-Information
has been received at the Offices OF the
state bank commissioner of The failure
of the State Bank, OF Parker, Lynn
county. and of the Woods0n State
Bank. Yates Center, WOOdSOn county.
Both are small concerns.
CHICAGO, July ia statement of
the creditors OF Hermann Schatfner d
Co., the inSolyent bankers, was flied
III The county court today, after which
| charges OF fraud were made against the
bankers. The petitioners claimed that
bank received deposits Oh the day
preceding the failure, when it was
known that the institution was in
solvent and could not meet its obliga.
tions. The petitions were presented by
Louis Lang, the Illinois Grst and
Barley company. the Farmers Seed
company and Ernest Kaufman.