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Show A Uilrato Hank I alia Ciiicauu, May 11. Die Columbia National bank, tbu city, failed thla morning. It bad n capital or $1,000,-(JOOnnd $1,000,-(JOOnnd drpoalta amounting to$l,400. 000. Humors that It Mit In troublo bad keen current nearly a week. It did huslueta with small countr) banks, mostly, and was not lu esteem among th other olty banks. Nutlets announcing tbo susponslon wero posted on Urn doors an I soon after Hank Lxiunlucr riturges took charge of It by authority of tbo comptroller of current . Tbo bank was reorganized two years ago out of tbo old United bHatta Nn-tional. Nn-tional. Tbu assets aru oitliualed at $2,130,000, of which $1,000,00 J aru deposits de-posits and tbo iimaliidcr dlaccunla. The liabilities aru $1,-00,1,00. The constant run rlnco tbo announcement an-nouncement of the Chemical bank usiwnsljn cauied Ilia directors to eloso the doorr. A call for help was made this inornlngt, but there waa not time lor liiTeallgatlon befora responding to It, and tho suspension came, lhoCbimlia la not a member of tbo olearlnit liouio, Tbo statcmontof May 4 Is aa follous: Assets, loana and Ola. 'counts, ;i,o4,si-; bonds, $811,153; furniture ami llxturis, JlL',710; exchange, ex-change, $018,073, Total, $.'3l,7dt. Llnbllltlr,! Capital stook, $1,000,000; Hurilus, $30,000; undivided irodtr, I $4I,V3l; circulation, $45,000, deposits, $1,137,010. Total, J.',50),31. it la aald that the cauie ut the failure waa poor collections on loana. Tbla collapie and that at Iudlanaiolls cauied a break ot 2i cents lu the thu rlco of wheat here. |