Rensselaer Republican, Volume 25, Number 50, Rensselaer, Jasper County, 10 August 1893 — OTHER FAILURES. [ARTICLE]

OTHER FAILURES.

Bank failures reported on the 31: First National, Ashland, >VJs. Akron Savings, Akron, O. First National, East Portland, Ore. N. M. Crane & Co., Cedar Rapids, la. First National Dalles, Ore. Pendleton Savings, Pendleton, Ore. Hatfield & Son, Ossian, Ind. A Daniels & Co., Cedar Rapids, lowa. Among the business failures reported on the Ist were the following: M. J. Moriarty, Cleveland, 0.. furniture, $50,000; Lyon & Hurlbert,' Chicago, grain mar gins; Chapman Bros.. Chicago, publishers and restauranteurs; Morse, Mitchell & Co. and F. E. Morse & Sons, Chicago clocks, etc.; Monitor Manufacturing Co., Auburn, Ind., windmills; M. A. Cbesraan, Helena, Mont., real estate; F. A. Coring <fe Co., Boston. leather. Lazarus Silverman, the well-known Chicago \>anVer. suspended Thursday. Liabilities assets in excess of that amount. The German National of St. Paul, Minn., failed, Friday. The People’s Bank, of the same city, also suspended. The failures are not regarded as Important. James H. Walker <fc Co., of Chicago, general dry goods dealers, placed their business in the hands of a receiver, Friday. The First National Bank of Hammond, Ind., failed, Friday. Capital, only 950,000 The Citizen’s National Bank of Mancie, closed its doors, Friday. The business men of the city representing over sl,ooo,on’ issued a card guaranteeing the payment of ail deposits in the Citizens, Farmers, Merchants' and Delaware eounty banks.