The L'Anse sentinel., 1908-01-04

ss.. si-Msrchsnts' and rsrmsrs' bank
vss. ~ p; ollmsn; former RsesIssas RssssiIssSas
fSdpeSSsnd iS6 Pound u 1uiIsy 81 embsssiemsnt.
e-F. ID. Gilman, !. Indiana banker. SEN
-tonced TO term Of one TO three years IN
sDisappsSrsnce .nss S Of si7s.ooo from sub
treasury at Chicago made Rrolic. y
Mar. n-virtual panic IN wah ~. situa.
D1ciitizens' state bank Of Firth. Neb..
s%cosbi1 clS:sd ny BANKING SANK company Of New
York, assigned; assets. is,OO0.ooO' habili-
ties. ., ,!oo, 600 nv s.,on =, warsaw
AZ ARo MS} Convicted ed of Of iiiesai sY' banking. sen.
fenced three years In penitentiary.
ll-Bank OF Conception. at Clyde. NO.
r"EsryudSe ESsyp Smith Of Chicago, found
holders and deposltors OF Bank Of
penalty. imprisonment and 1900 fine.
Jul. I-Citizens bank of Eureka Springs,
Ark. suspended. ,n,
1Fort Dallas National bank OF miami'
se-Tarmers' % National bank Of Boyer
town, Pa. ordered closed.
town. Ind, closed by state authorines.
N-Recevers appointed for Pope Mfg. Co.
Of Hartford. Conn; failure ascribed to
Sep. s.watson & Co, members Of New
York stock and produce exchanges and
of Chicago board Of tTade faaled. aed and
Bowman bank OF kalamazoo. Mich.
both private institutions. closed doors.
kCollapse of Heinze corner In copper ,
caused violent slump In stocks In New
York; Arm OF Otto Heinze Co.. sus-
pended from stock exchange.
pNsw York clearing house ,,a Soran committee sss
Thomas interests had been eliminated
from banking organizations or New
n-Knickerbocker Trust Co., New York's
second largest financial Institution.
forced to suspend; great slump In Sc
enIitiss; call money at dprsd 20 per gent Ssnosit
OF SIS, ,OoO, 000 of government funds in
New York banks. Four Westinghouse
At and
because of financial stringency. State
Bank and Trust Co.. Of Carson, Nevada,
SlIThree minor banks in New York
forced to close. :. Southern Steel Co.. OF
Birmingham. Ala, filed involuntary Pc
ssa Gn more m mino1 Banking institutions
In New York closed DOORS. Union
Trust Co. of Providence. r. l.. sus-
H-Banks In New.,yor and Chicago, and
many other Cities adopted clearing
house loan certificate system to prevent
made withdrawai Of savings deposits
subject to legal notice.
0ICalifOrna Safe Deposit Trust Co.
bank, at San Francisco. closed. .Finan-
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 a. Iron Co.
s-Receiver appointed for Arnold Print
works of North Adams, Mass. one Of
largest textile concerns In country.
u-Merchants' National bank of Port
land, Ore, California bank OF Oakland,
Cal, and Farmers & Merchants bank
Of Bapulpa. 1. T., suspended.
w-Secretary Of Treasury Cortelyou or
dered issue Of 50000.000 OF Panama
bonds and 500. 100000 certificates of in
debtedness as means Of relieving finan-
ctal situation. City National bank OF
Frederick, Okla, failed.
HEAmerican Silk Co. capital stock. S11,-
100000. which operated mills In several
cities. placed in hands OF receiver.
Doc. 2-Chelsea Savings abnk OF Chel-
eea. Mich. owned by State Treasurer
Glazier. closed.
S-National Bank Of Commerce, one OF
largest financial institutions of Kansas
City, suspended
e-Fcrt Pitt National bank Of Pittsburg
closed.
H-Jewelers' National bank at North
Atueboro. Mass. In hands Of receiver.