Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1907-10-29

draw their accounts Friday. The bank
owes depositors about s2,500,00O.
Another Trust Company Fails.
The jenkins Trust company of
Brooklyn, not an important institution,
closed its doors Friday afternoon. Its
total deposits was about S2,500,000.
Dime Savings Bank Closed.
The Union Dime Savings bank at
Thirty second street and Broadway,
Friday afternoon posted a notice that
it will require GO days notice from
depositors desiring to withdraw. 1t
has $27,450,O00 due to depositors.
Receivers for knickerbocker.
Upon application of States Attor-
ney General Jackson temporary re-
ceivers were appointed Friday for the
Knickerbocker Trust company, which
closed its doors on Tuesday after a
run by its depositors The receivers
are Otto T. Barnard, Ernest Thalmann
and Gen. Henry C. Ide, all of New
York city.
Receivers for Knitting Mills.
Philadelphia, Oct. 26.-The Penn
sylvania Knitting Mills, of Reading,
Pa. manufacturers of hosiery,
Heinze company, utilization, against
whom a petition in bankruptcy was
filed Thursday had receivers appoint
ed for it Friday by Judge Mcpherson
in the United States district court.
The receivers are Jacob Bauer and
George w. Chaplin, both of this city.
The cause of the concerns embarras-
ment is laid to the present unsettled
financial situation and by attachments
secured by creditors in the New York
court The liabilities are placed at
about 100000 and the assets at
$4,000.
Bank at Providence suspends.
Providence, R. l., Oct 26.-Corne-
Illus A. Sweetland was appointed tenn.
porary receiver of the Union Trust
company of Providence by the Superb
or court, following the run on the
bank Thursday. The officers of the
company expected to open Friday but
subsequent consultations brought
decision that in view of the tight mon
ey market the interests of the deposi.
tors would be conserved by closing.
The Union Trust company was or
gained in 1894 with capital of $780,
600. 1t conducts several branches in
this state. According to the statement
issued on June 30 last the bank had
resources aggregating $2S,23S,335. Its
liabilities included beside the capital
stock a surplus of s2,25O,O0O, undivid-
ed profits of s22,7O9 and deposits of
S25,465 ,626.
j, Edward Studley is president Of
the institution and Marsden j. Perry
is first vice president.
New England Trust Closes.
Providence, R. l., Oct. 26.-The New
England Trust company of this city,
posted notice Friday requiring 80
days notice of withdrawal of deposits.
Gen. Charles A. Wilson, counsel for
the bank, is authority for the state
ment that the action was taken to
prevent a threatened run on the COM
pany.
Savings Bank Closes.
Baltimore, Md, Oct 26.-The run
on the east branch of the Home bank
continued Friday morning and shortly
before noon the depositors who were
in line waiting to secure their money
were notified that the bank would take
advantage of charter provision which
permits the institution to demand 60
days notice of depositors intention
to withdraw his or her account A
member of the firm of Bernstein, Co.
hen & Co., owners of the bank, ad.
mitted that the run had been of much
larger proportions than had been re-
ported. He said that it had begun on
Monday and that a total of savings de-
posts of 100000 or Whereabouts, ap-
s15O,OO0 had been with
drawn. Only the east branch of the
bank is affected, and this only in its
savings department.
Close at East Greenwsh.
East Greenwich, R. l., Oct. 26-The
East Greenwich branch of the Union
Trust company of Providence did not
open it's doors Friday morning
nOtlce was posted SldtlHS THAT Lne
branch was being kept closed for the
protection OF depositors.
Branch Bank Also Closes.
Central Falls, r l., Oct. 26-The
Central Falls branch of the Union
Trust company OF Providence opened
its doors Friday morning, but closed
them again at 9:20. There was large
crowd about the institution.
The depositors were mainly mill
operatives or small business men. 1t
was the only bank in the place and
the city Central Falls is the largest
depositor.
Chicago Receiver Is Named.
Chicago, Oct. 26.-Percy B. Eckhart
was appointed receiver in Chicago for
the Westinghouse Electric and Manu-
featuring company by Judge c. c.
Kohlsaat of the United States Circuit
court, together with E. NJ Herr, T. H.
Given and H. S. A. Stewart of Pitts
burg, who were appointed receivers
at Pittsburg last Wednesday.
Raises Big Liner From Water.
Vancouver, B. c., Oct 26-The
urooly;pp e+oop,or Colror ooroo ,lo,o