Barbour County index. [volume] (Medicine Lodge, Kan.) 1880-current, 1908-01-08
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Jan. 2l-Merchants' and Farmers bank
of Fairmont, Mimi, suspended.
Feb. z-F. ID; Gilman. former president
suspended Home bank of Goodland,
Ind. found guilty Of embezzlement.
ST. ID. Gilman. Indiana banker. SEN
fenced to term of one to three years In
5-Disappearance of $4,000 from sub
treasury at Chicago made public.
Mar. H-Vlrtual panic in Wall street;
Secretary CortelyOu relieved the situa-
Is~Ciilzens' State bank Of Firth. Neb..
2s-Corbin Banking company of New
York, assigned; assets. $S.OCO.OoO; habili-
Apr. e-Maj H. w Salmon OF Warsaw.
Mo. convicted of illegal banding. SEN
fenced three years in penitcntiary.
h-Bank OF Conception. at Clyde MO-
I9-Ex-Judge Smith of Chicago. found
guilty of conspiring to defraud stock
holders and depositors OF Bank of
America, OF which he was president;
penalty. Imprisonment and $1,000 fine.
Hui. l-Citizens' bank OF Eureka Springs,
B-Fort Dallas National bank OF Miami,
Fla. closed.
2O-Farmers' National bank of Boyer
town, Pa. ordered closed
Aug. 3-People's State bank of Browns
town. Ind. closed by state authorities.
14-Receivers appointed for Pope Mfg. Co,
of Hartford. Conn. failure ascribed to
stringency of money market
Sep. 6-Walson & Co, members Of New
OF Chicago board of trade. failed.
Oct. S-Union bank of Richland. and
Bowman bank of Kalamazoo. Mich.
both private institutions. closed doors
l6-Coiapse Of Heinze corner in copper
caused violent slump in stocks in New
YORK; firm of Ouo Hcinze * Co, sus-
pended from stock exchange.
19-N6w York clearing house committee
declared that the Heinze. Morse and
Thomas interests had been eliminated
from banking organizations OF New
York.
.22-Knckerbocker Trust Co.. New York S
second largest financial institution
curities; call money a, 20 per cent.
23-SeCretary OF treasury ordered deposit
OF 50. COO. 900 of government funds in
New York banks. -Four Westinghouse
companies at Fittsbu"S and one trust
company forced into hands of receivers
because of financial stringency... State
Bank and Trust Co.. of Carson Nevada,
failed.
24--Three minor banks in New York
forced to close. Southern Steel Co. of
birmingham, Ala. filed Involuntary pc
utien in bankruptcy.
-25-SiX more minor banking institutions
In New York closed doors. l. Mon
Trust Co. of Providence. X. l., sus-
pended.
26-Banks in New York and Chicago. and
many other cities adopted clearing
house loan certificate system to prevent
made withdrawal Of savings deposits
subject to legal notice
2O-Californa Safe Deposit g. Trust Co.
pdiihs at OtAll NTdntlStO, closed. II ina n
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
ncsSee Coal & Iron Co.
SReceiver appointed for Arnold Print
works of North Adams, Mass. one of
=, largest textile concerns in country.
12-Merchants' National bank of Port
land, Ore. California bank of Oakland.
Cal, and Farmers & Merchants bank
OF Sapulpa. l. T., suspended.
H-Secretary OF Treasury Cortelyou or
dered issue of $50. 900. 900 of Panama
bonds and Sl0O.0OOO 600 certificates of in
dehtedness az means of relieving finan-
cial situation. city National bank OF
Frederick, Okla failed.
Gt-American SILK Co. capital stock $l1 =
100000. which operated mills in several
cities. PLACED in hands of receiver
Dec chelsea Savings abnk of Chel-
sea Mich, owned by State Treasurer
GLACIER. closed.
6-National Bank OF Commerce, one OF
largest financial institutions of Kansas
city, suspended.
Fort Pitt National bank of Pittsburg
closed.
17-Jewelers' National bank at North
Attleboro. Mass. in hands of receiver.