The Mena weekly star., 1908-01-09
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Jan. 2f-Merchants' and Farmers bank of Fairmont, Minn., suspended. Feb. 2-F. D. Gilman. former president suspended Home bank Of Goodtand, Ind. found guilty of embezzlement. GF D. Gilman. Indiana banker, sen fenced to term of one to three years in state prison. -Disappearance of s173.oOo from sub treasury at Chicago made public. Mar. 14-Virtual panic In Wal street Secretary Cortelyou relieved the situa- ls-Citixens State bank of Firth. Neb.. closed by state; . York. assigned, assets, ss.ooO,ooO; haoii- ties, $1, 700, 900.
 Apr. 2-Maj. II. W. Salmon of Warsaw. Mo, convicted of illegal banking sen fenced three years in penitenuary. l1-Bank of Conception, at Clydes MO- ordered closed.
 guilty of conspiring to defraud stock holders and aepositors of Bank oI America. of which he was president, penalty, Imprisonment and sl.oOo hne. Jul. 1--Citizens bank of Eureka springs, Ark, suspended.
 6-Fort Dallas National bank of Miami. ao-F'armers' National bank of Boyer town. Pa, ordered closed. Aug. s-Peoples State bank of Browns town. Ind. closed by state authorities. l<-Receivers appointed for Pope Mfg. %, of Hartford. Conn; failure ascribed 10 stringeney of money market ,, Sep b-Watson & Co.,, members or New York stock and produce exchanges and of Chicago board of trade, failed. Oct g-Union bank of Richland, and both private institutions. closed doors. lk-Collapse of Henze corner in copper caused violent slump in stocks In New York; firm of Otto Heinze & Co, sus- pended from stock exchange. Y-New York clearing house committee declared that the Heinze. Morse and Thomas interests had been eliminated from banking organizations of New York.
 z2-Knicksrbocker Trust Co, New york's second largest financial institution, forced to suspend great slump in se- curities, call money at 70 per cent. B-Secretary Of treasury ordered deposit of $2s 0oo,00o of government funds in New York banks. -Four Westinghouse companies at Pittsburg and one trust company forced into hands of receivers because of financial stringency ... State Bank and Trust CO, Of Carson, Nevada, failed.
 N-Three minor banks in New York forced to close. Southern Steel Co. of Birmingham, Ala, filed involuntary pe- titon in bankruptcy.
 F. Six more minor banking institutions in New York closed doors.. .... Union Trust Co. of Providence. R. l.. sus- pended.
 E-Banxs in New York and Chicago, and house loan certificate system to prevent draining of supplies of currency and made withdrawal of savings deposits
 
 S0-California Safe Deposit X Trust Go. bank, at San Francisco. closed. :. Fnan- cial conditions in New York practically normal again.
 Nov. 4-Three small banks in Kansas closed. United States Steel corpora ton secured controlling interest in Ten nessee Coal X Iron Go.
 e-Receiver appointed for Arnold Print works of North Adams, Mass, one of largest textile concerns in country. H-Merchants' National bank of Port land, Ore. California bank of Oakland. Cal, and Farmers X Merchants bank of Sapulpa, l. T., suspended. lS-Secretary of Treasury Cortelyou or dered issue of $50 000,0 900 of Panama bonds and si00. .000. 600 certificates of in- debtedness means of relieving finan- ctal situation. City National bank of Frederick. Okla. failed.
 E-American Silk Co capital stock $i1- oo00o0, which operated mills in several cities. placed in hands of receiver Dec. 2-Chelsea Savings abnk of Chei- sea. Mich, owned by State Treasurer Glazier, closed.
 b-National Bank of Commerce. one of largest financial institutions of Kansas City suspended.
 6-Fort. Pitt National bank of Pittsburg. closed.
 I-Jewelers' National bank at North Attleboro. Mass, in hands of receiver.