Show MILWAUKEE HAS FAILURES july 25 the biscon wiscon wisconsin sill marine and fire Iii Inen rance urance company B bank 1 closed its it doors this rO riling the bank wile commonly known as aside the mitchell Mt banic the notice on the door says it ie Is closed on account of the monetary stringency the statement on the lint instant places place the resources at and the liabilities as follows due depositors due others theoni the bank hasa capital of a half million lionor of which john L vitchell kitchelt Mit chelt h hold ai david ferguson washington t n becker J B murphy 1000 divided divil cd profits runs were at once started on a number of f other banks but at each cacti larro large depositors came to the assistance and the sims assured ared those interested that aber they were war a perfectly or factly the general opinion on Is th that the ilia Is pant paid the people had become imbued with the idea th that at this old bank was the tile gibraltar of finance and could not credit the reports that it was closed it was the general belief that all the other banking institutions had disappeared from the face of the tile earth the dank bank which alexander mitchell bell had founded would continue con to do bui balsness at the tile old stand cashier murphy says the ilia ban bank I 1 has been subjected to a h heavy T strain and the end was inesita inevitable lile but tat that bank Is not insolvent and only time Is needed to meet every liability washington becker has been appointed Ye recover rec dver the thecla city of milwaukee has 1 ive in the bank and will probably he have ve temporarily to suspend payment the bank was tile repository of tile chicago milwaukee and st ll paul 11 railway haa und and arrangements cements have been made 10 for the tile in arranga e n t 0 checks drawn on thata bank ank by ph ohsoo ae wisconsin Wi national bank 11 1 ll 11 1 |