The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1908-01-10

g., ,,orchonts, and Farmers bank
rluOuL, MINI, SUSPENDED. t,ort
I r d. Gilman, former preSiiaaeahd'
led Home bank Of G"outahu'
,unI guilty Of embeZzicmrhI
G+I,T.n Indiana banker, SEN
ID f. Term of one to three years III
- prison. ,.,.o ro-, sinh.
Disappearance of $4,000 ITG IRON SUI
.asi4ry at chicago made puptc' .oo+. !
Mr. tLVirluaI panic IL wan Suect' |
Secretary CorteIyou relieved '''
p|CC;iiitlzens State bank Of Firth NsD''
,s el9SgI ~ BanKing company of NeW
York. assigned assets, S3,O"'V0' Ndo'1'-
An 1e"' ma, II. W. Salmon Of Warsaw,
Mo. convicted OF Illegal banking SCH
fenced three years in penIemt.5a'' 40
ordered closed. l,,., found
le"Es-Judge Smith Of Chicago, louho
guilty of conspirIns 10 I ng Rank Of
holders and depuStOrS OF bdlh "
Xmarica Of which he was president
nenalty Imprisonment and Fl,VTg hne.
Jul l-Citizens' bank OF EUREKA p''"s''
Ark suspended. 90 Miami
Sort Dallas NatlonaI O"Hn "
,GITarmers' National bank of Boyer
town, Pa. ordered closed. - prounal
Aug 3-Peoples State bank of Browns Browns
town. Ind, closed by state autnorltles'
MRereivers appointed for Pope M 20,
of Hartford Conn; failure aScflpeu ~
stringency of money market Mon,
Sep, 5oWatson & CO., members Oh wv NV
York stock and pr oS rrad sN' faijed w
Oct. 9-Unon bank of RichLand, anu
BOWMAN bank OF Kalamazoo, Mlch''
both private institutions, closed DOORS
1s-CoIIapse of Heinze corner IN CoPp eIx
caused violent slump IN StoCkS III Nc"
York, firm of Otto Helnze q Co' BUS
nended from stock exchange. "
I9-New' YORK clearing house GoIFll'lc q & =
declared that the Heinze, Morse ana
Thomas interests had oeeh elllti''i ~,
from, banklrs organizations Oh Ne"
22-Knickerbocker Trust Co., New York
second largest trnan',al institution
forced to suspend, great slump IN Sc
curities: call money at 70 per cent.
asNSecretary of treasury ordered deposit
of sos 00O 900 of government FUNDS II
New York banks. -Four Westinghouse
companies at PiItsburg and one trus
company forced into hands to1 receivers
because OF financial stringency.. .Stat'
Bank and Trust Co.. of Carson, Nevada
failed W,
A-Th1pe minor banks in New YorI
forced to close. Southern Steel Co., 0
Birmingham, Ala, filed involuntary Pc
uti0n IN bankruptcy. .,...;.
e5-SiX more minor banking institution
In New York closed DOORS; 'Uhlo
Trust Co, of Providence X. L. sus
B|Banks in New York and Chicago, an
many other cities adopted cleann
house loan certificate system to preNef
draining of supplies of currency an
made withdrawal Of savings deposit
subject to legal notice.
N-CarfOrnia Safe Deposit & Trust g
bank, at San Francisco, closed. .tinal
cial conditions in New York practical
normal again.
Nov. 4r-Three small banks in kansi
closed 80. United States Steel corpor
ton secured controlling interest in Ie
nessee Coal & Iron Co.
e-Receiver appointed for Arnold Pr
works Of North Adams, Mass, one
largest textile concerns in country.
12-Merchants National bank of POI
land, Ore, California bank of OaklaT
CAL and Farmers & Merchants ba
of Sapulpa, l. T., suspended
iS-Secretary of Treasury Cortelyou
dered issue of $50.000 900 of Panal
"a bonds and SOO0OO.0O0 certificates Of
debtedness as means of relieving ttna
cial situation. City National bank
Frederick, Okla. failed.
E-American Silk Co. capital stock, s.
n 100000, which operated mills in seve
cities, placed in hands Of receiver.
sea, Mich, owned by State Treasu
Glazier. closed
E-National Bank Of Commerce, one
largest financial institutions Of Kan
City, suspended.
e-Fort Pitt National bank of Pittsbu
closed.
E-Jewelers' National bank at No
Attleboro, Mass, in hands of receive