Abilene weekly reflector. [volume] (Abilene, Kan.) 1888-1935, 1893-07-27
BANK FAILURES.
Another Crop Starts In for This
Week.
FINANCIAL STRECEyY At LOUISVILLE
A Milwaukee Cashier skips out-Bad Bank
swindle In Chicago - Closing In
New Hampshire. Ohio,
Etc.

LOUISVILLE City National bank closed
It's doors at 1;20 o'clock yesterday after
noon. Since the financial stringency
began tho bank has exerted every
power TO increase Its cash resources,
but could make little Roadway against
the general tendency. On Saturday II
was sorely pressed, but by assistance 1t
was able TO pull through. Yesterday
morning II received money which IL
supposed was sufficient at least for the
day, but the steady drain was too much
for IL. When the clearing house re-
port was made IL was evident IL could
not realize on its securities in quanti-
ties sufficient TO meet the emergency.
The directors met and ordered the
bank TO be closed.
THE CASHIER SKIPPED.
MILWAUKEE, July 2b-John B. Koet-
ting, cashier OF the defunct South Side
Sayings bank. has dtaanneared from
tho citv and s,mnltaneous With
his disanpearance the discovery has
been made that the general ledger Of
tho institution Is NOT among tbe effects
Of the institution. Pres,dent Trumnf
of the bank saws the cashier left Mi.
Friday hnfnFR
taking his departure he left with him
(Trumpf) A power Of attorney TO con.
vert his real estate and homestead.
worth $50 900 into cash for the benefit
of the banlt's creditors. John Barth
was appointed receiver Of the hank YES.
terdav'
INTO A RECRIyRR's HANDs
SYRACUSE. n Y. July ob.-The ak
tensive manufacturing company Of
Brady & Co. went into a receivership
yesterday afternoon. Judge Van Nap
appointed John Dunn, Jr.. receiver.
The firm manufactured trip hammers,
wagons, fancy carriages and filters.
The buildings and plant are valued at
$500, 900. The liabilities are about
$3.50, 900. The Judge issued an order
allowing the receiver 10 continue the
MANUFACTURES and sale of the stock on
hand
PRIVATE hank FAILS
CmcAeo. July ob -Bradford q Church
Dearborn street bankers, have closed
their financial institutions. The depos.
its will reach s2b. 600 or $40 900. due To
poor people and children. The firm
conducted business ON thu "iron hank
plan''-that Is. diminutiye iron banks
were distributed among the poorer
classes. In which small savings were
nlaced and ,yhen Allied wore taken IN
The main Office. IL Is said the where.
abouts 81 the ,nembers on the Arm arc
unl,no,vn
Nryv uAvpsu,pr pASu c,ospn
N.xcursrrp N II Ju,y On The
National Rank ~ the commonvoal,b
hos snsnended naymart Thi, action
,yas detormined on AZ a r,ee,ino 81 the
dirao,ors Ias, riah, and ,ha na,,onaI
cor,,trolIar MOO. no,iaod ,rh. ha,,l,
was Tho Youngest ~ Tho civ rational
hanks In this cit,, hut Ind rIsar Go hs
SECOND On tbe amount ~ 10 denosits
Its nsso,s and liabIlIties are obo,t seoH :
GOO, dcnosits Salo ooo. cani,oi stocL
a1oo ooo
A MONTANA HANK GONE.
GREAT FALLS. Mont. July 25.-Mer.
chants national bank closed doors at
noon. The bank held s2t. 900 CITY funds
and $40 600 OF the county funds and
$40 600 OF the state funds. but has little
or no ready money on hand. No I'M
easiness about other banks, which are
solid, well managed concerns There
is no excitement in the city. 1t is be.
lieved that the Merchants will nav nm
In time.
BIG IRON FIRM FAILS
CHICAGO, July %. -Parkhurst & Will
kinson, iron merchants, this afternoon
confessed Judgment in the circuit court
In favor OF the Continental National
bank of Chicago for Ss7, l75. The debt
IA nNidpnpnd Inv INDIGNANT notes which