87761ab0Full suspension, Books examined
Other: Directors closed the bank and state examiner took charge; alarm letter/rumors triggered withdrawals.
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RUN CLOSES A MISSOURI BANK Jefferson City, Dec. S.-Reports that the Bank of Whitwater. at Whitewater, Cape Girardeau county. had suffered real estate losses amounting to $10.000 caused a run on the bank and resulted in its closing late yesterday, C. M. Duncan. examiner, today notified S. L. Cantley, state finance commissioner. Phone No. 2-easy to remember!
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RUN CLOSES A MISSOURI BANK Jefferson City, Dec. 8.-Reports that the Bank of Whitwater. at Whitewater, Cape Girardeau county, had suffered real estate losses amounting to $10.000 caused a run on the bank and resulted in its closing late yesterday, C. M. Duncan. examiner, today notified S. L. Cantley, state finance commissioner. Phone No. 2-easy to remember!
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HOLLYWOOD DISTRICT BUS SERVICE STARTED Because of the cold wave, bus service the Hollywood district, promised officials of the Kansas City Public was started at o'clock yesterday had been planned to start the Tuesday If the council, at its Monday approved the plan discontinue the stub street car line from Thirtyninth to street on diana avenue and replace it with the bus line. Pending approval of the council. one will operated on the itne, which runs south on Indiana from to Forty third street and east to Cypress avenue The Southeast Improvement association. which the fight for bus service the district, has promised the Kansas City Public Service company 850 fares day. RUN CLOSES MISSOURI BANK. CITY, Dec. Reports that the Bank Whitewater. Whitewater, Cape had real estate to $10,000 caused on the and re. sulted in its closing late today notified Cantley, sta's finance com.
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CAUSED RUN ON BANK. Reports That Institution at Whitewater, Mo., Had Suffered Real Estate Losses Resulted in Closing. JEFFERSON CITY. Dec. that the Bank of at ports Whitewater, Cape Girardeau County, had suffered real estate losses amount. $10,000 caused on the bank to notified Cantleys state finance learned from the commissioner It was that the department the bank's to put up collateral for approximately $10,000 real estate loans. The last statement of the bank showed $75,000 total $10,000 capital, and $4,000 surplus.
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ALARM LETTER BROUGHT relief COLLAPSE, BANKER SAYS JEFFERSON CITY, MO., December 7.-J. M. Siagle, president of the HOT! At Bedtime Bank of Whitewater, informed State Finance Commissioner S. L. Cantley today the closing of his institution BULGARIAN HERB TEA was the result steady run on the bank, brought about, Quickly breaks up colds; don't inSingle stated, by that vite too deadly. Get from letter received by one of the a fresh box of Bulgarian Herb Tea today. Costs but . few cents. This letter, Sagle said, was from some either Marble Hill Lutesville, Bollinger County, and advised to take his Safe Relief money out of the bank of WhiteYou need not guess what Tonsiline water for the reason that its directors had been called upon to put up money to make good impaired cap- every bottle. They are known to be There state law conditions of the throats and mouths against of of children and adults and have been against state bank and an invesfavorites in the prescriptions of phywill be made as to the sicians for many years. Over leged letter written from Marble Hill or the con- thirty years use proves Tondition of the Whitewater siline is the perfect
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RUN CLOSES A MISSOURI BANK Jefferson City, Dec. 8.-Reports that the Bank of Whitwater, at Whitewater, Cape Girardeau county, suffered real estate losses amounting to $10,000 caused a run on the bank and resulted in its closing late yesterday, C. M. Duncan, examiner, today notified S. L. Cantley, state finance commissioner. Phone No. 2-easy to remember!
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ALARM LETTER BROUGHT GOLLAPSE BANKER SAYS Jefferson City, Mo., December 7 -J. M. Single, president of the Bank of Whitewater, informed State Finance Commissioner S L Cantley today the closing of his institution run on the bank. brought about, Slagle stated, by rumors that arose from a letter received by one of the depositors This letter. Sagle said, was from some one either at Marble Hill or Lotesville, Bollinger County, and advised the depositor to take his money to make good impaired capital. There is drastic law state against circulation of rumors against state bank and an investigation will be made as to the alleged letter written from Marble Hill or Lotesville regarding the condition of the Whitewater bank
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Have you seen the wonderful values we are offering in Suits, Overcoats, Sweaters and Shoes? If not you are missing the big event of the season. We are offering these values just at the beginning of winter, and just at the time Entered in the Postoffice at Fredericktown, Mo., as second class mail matter. PUBLISHED EVERY THURSDAY. E. T. Mallinckrodt went to Wayne county yesterday on business. When you want coal or wood, call 110. Prompt delivery. A. L. Hill. The family of Tom Skaggs was quarantined yesterday for diphtheria, one of the children being reported as having the dread disease. Kenneth Ellis of this vicinity left this week for Tuscumbia, Ala., where he will spend the winter with relatives. Say Merry Christmas with one of our bedroom or dining room sets.-E. H. Bess. A number of the members of the Friday Club drove to Farmington Friday of last week and were guests at a meeting of the women's club. Among those who went were Mesdames Hough, McDavid, C. T. Smith, C.L. Whitener, Talley, McLane, Damron, and F. O. Andrews. C. T. Smith and Dr. McDavid accompanied the ladies as chauffers. SUBSCRIPTION $1.50 A YEAR. Xmas Shoppers will find a complete line of holiday goods at Thompson's. J. P. Ennis of St. Louis was visiting relatives and friends here last week. Earl Irwin, fined several months ago for participation in a wreck, was put in jail this week on a commitment. He had failed to pay the balance of his fine. Four room house for sale, like rent. See W. P. O'Bbrien. W. R. Compton, noted financier of St. Louis, was down the latter part of last week hunting. He succeeded in taking home a nice bag of birds. Hand bags, suit cases and trunks. We have 'em at the Bee Bargain Store. Clifford Tuggle and Harley Myers were arrested Friday of last week for church disturbance on the night before. They plead guilty and were fined about $14 each which they are paying on the installment plan. A driver for one of the Gregory bus lines drove on the wrong side of the traffic post at the Thompson corner Tuesday afternoon. The sheriff and marshal caught him at Sonderman town and he made arrangements to square the account as he came through town yesterday, which he did to the amount of $8. You should visit toyland-The Bee Bargain Store. J. W. Keyes, who has been confined to his room for ten days with an attack of flu, is better and able to be out again. Tree ornaments electric lights, fine vaiety of candles. You should see them at the Bee Bargain Store. Christmas cards, booklets, tags and seals, 1c and up. See the line at the Bee Bargain Store. V. O. Stumbaugh last week bought of the Cahoon estate, through A. L. Hill, a house and lot on Highland Park. The house was formerly owned by Dr. Myers. The consideration is said to have been $1050. Everyone can get a useful Christmas present at the Bee Bargain Store. W. B. Kemper arrived here this week from near Great Falls, Mont. He is visiting relatives and friends and visiting the scenes of his boyhood days. Mr. Kemper has been in Montana 25 years and has been back on a visit only once during that time. For the past twelve years he has operated a ranch of his own some distance out from Great Falls. We can please you in your Christmas present selections. Just give us a trial at the Bee Bargain Store. The Christmas Party of the Talley Bible class was held in the home of Mr. and Mrs. William Gudger Tuesday afternoon December 13th. Despite the steady downpour of rain twenty one were present to enjoy the good things provided for their entertainment. The house was decorated beautifully throughout with the seasons colors, Christmas bells, holly, festoons of green and silver, a lovely Christmas tree, Santa Claus just emerging from the chimney with his renouned pack and basket of candy, all lent just the setting needed to give everyone the Christmas spirit. A large container holding a gift for everyone present was brought to Santa to dispense. Games, contests and prizes were also a part of the diversion. Mrs. Mary Cohen received two prizes, Mrs. Talley a booby prize. The social committee of the class, Mesdames Gudger, Grisham, Glaves, Whitener, Cook and McCormick were hostesses and served delightful refreshments. Everyone voiced this occasion a very pleasant one, and departed feeling the Christmas season had opened for them most delightfully. WANTS WANT AD RATES Rate for ads in this column, 1 cent per word. After Jan. 1, 1928, no ad taken for less than 25 cents per insertion. $100 REWARD We will pay a reward of $100 for the arrest and conviction of any person or persons cutting or removing timber from any of our lands in Madison County. J. Q. D. and C. L. Whitener. WANTED You to try Richards Rheumatism Remedy. Reaches every bone, tissue and joint. Removes the cause. Money back if it fails. $1.00, six for $5.00 at Gray's and all drug stores. FOR RENT My residence, either furnished or unfurnished.-Jos. F. Chilton. FOR SALE Registered Chester White brood sow, with 8 pigs.-B. E. Caruthers. FOR RENT Good seven room house. Lately painted and papered. Good water and outbuildings. Close in. Ask C. R. Barber, Bank of Madison Co. FOR SALE A roll top desk cheap.-R. D. Matthews, Sheriff. FOR SALE One Steinbach & Drehr piano. Is and looks as good as new. A bargain if taken quickly. Also large and beautiful buffet, like new. This too is a bargain.-H. A. Showmaker, telephone 88. NOTICE, HUNTERS! No hunting or trespassing allowed on either farm.-Will Tawfall and Mrs. Emma Bucholtz. WANTED Boarders at Southside Hotel.-I. B. Revelle, manager. FURS WANTED We will again buy furs this year at the old Womack stand, now the DeGuire Filling Station on Mine La Motte Ave.-J. J. Spiva & Son. FOR SALE Nine red shoats, one fat, ready to butcher.-J. W. Buttrick. LOST Brief case, containing light plant literature. Finder please leave at this office. FOUND Wrist watch. Owner can have same by paying for this ad. WANTED TO TRADE Span of 3-year-old, well made horses for pair of mules. Will trade or sell.-Richard Selvey. AGENTS WANTED WANTED! Ambitious, industrious person to introduce and Supply the demand for Rawleigh Household Products. Good openings near you. Make sales of $150 to $600 a month or more. Rawleigh Methods get business everywhere. No selling experience required. We supply Products, Sales and Advertising Literature and Service Methods---everything you need. Proits increase every month. Low prices, good values, complete service. W. T. Rawleigh Co., Dept. MO2663, Freeport, III. FOR SALE Bicycle in good condition, reasonable if taken at once. Apply Lucile Martin. WANTED Ambitious man between the age of 25 and 50 to make connection with old established Company. This opportunity is open in your home County. Earning capacity depends on results. Pleasant outdoor work calling on farmers with complete line of household necessities, consisting of extracts, spices, toilet preparations, home remedies, poultry and veterinary preparations. An opportunity of a life time for a hustler. Experience helpful not but necessary. Must own automobile. For full information and catalogue write, G. C. HEBERLING COMPANY Dept. 1916, Bloomington, III. STRAYED One yearling red heifer. Tag in right ear, also small crop off right ear. Notify Sam Buford. FOR RENT My residence on West College Ave. W. W. Stacy. NOTICE No hunting allowed on either of our farms.-J. J. McGennis and sons. WANTED A few thousand feet of pine lumber. See J. W. Buttrick. NOTICE Hunting and fishing is positively prohibited on any of our premises.Violators will be prosecuted.-Sweetwater Mining Co. NOTICE, HUNTERS! No hunting or trespassing on either of our farms.-Belken Bros. NOTICE, HUNTERS! Positively no hunting allowed, either day or night, on any of our inclosed lands.-B. D. Whitener and sons. BOX SUPPER A box supper will be given at the Ebenezer school on the evening of December 17th, for the benefit of the Eb Church. BOUILLON SUPPER bouillon supper will be given by the Modern Woodmen on the evening of December 16, at the I. O. O.F. Hall. All Woodmen and their wives, and Royal Neighbors and their husbands are invited. PIE SUPPER A pie supper, with entertainment, at the Sebastian School on the night of December 17. The public is invited. of the county and one of the three remaining country banks. It was organized in 1904, and while it was known that the bank, like others, had been caught with loans on land at boom prices and had to take considerable in on foreclosure. However, it is said that bank was able to dispose of part of its land holdings and was getting along nicely the past year or two, recovering some of the lost ground, and those familiar with its affairs say there would have been no trouble had no run started. J. M. Slagle, postmaster and merchant at Whitewater, is the president and Linus Hartle the cashier. This is the fifth bank failure in the county in recent years. Two of them were caused by dishonest practices within the banks, one was caused by the dishonesty of another bank, while the last preceding failure, that of the bank of Delta, was caused by the lack of business and having part of its assets tied up in land loans which could not be collected.-Jackson Post. SUITS OVERCOATS Mens $35.00 Suits $28.50 Mens $32.50 Overcoats $26.75 Mens $32.50 Suits 26.75 Mens $28.50 Overcoats 23.50 Mens $28.50 Suits 23.50 Mens $25.00 Overcoats 19.75 Mens $26.50 Suits 21.50 Mens $22.50 Overcoats 17.75 Mens $22.50 Suits 17.75 Mens $20.00 Overcoats 16.50 Mens $18.00 Suits 14.25 Mens $18.00 Overcoats 14.75 Boys $13.50 Suits 9.75 Mens $16.50 Overcoats 13.25 Boys $12.50 Suits 8.75 Mens $15.00 Overcoats 11.75 FLANNEL SHIRTS $3.50 Shirts $2.75 $3.00 Shirts 2.25 $2.50 Shirts 1.75 $2.00 Shirts 1.35 $1.75 Shirts 1.15 Mens $9.00 Sweaters $7.25 Mens $7.50 Sweaters 6.25 Mens $6.50 Sweaters 4.95 Mens $5.00 Sweaters 3.75 Boys $4.00 Lumber Jacks $2.95 Boys $3.50 Lumber Jacks 2.65 Boys $3.00 Lumber Jacks 2.35
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RUN CLOSES BANK OF WHITEWATER LAST WEEK The Bank of Whitewater was closed by its board of directors Tuesday afternoon when they saw they were unable to stem a continued run, and notified the banking department at Jefferson City, which directed C. M. Duncan to take charge of the institution. Fred Clippard, a prominent business man of Whitewater, was in Jackson yesterday and from him it was learned that about two weeks ago rumors began circulating reflecting on the credit of the bank, and withdrawals of deposit started. It was possible to convince the public that there was no need of fear, and it was thought all trouble was allayed, when on Monday a heavier run started, and when it continued Tuesday morning the directors saw it was impossible to continue paying out cash, and ordered the door closed. The bank was one of the smallest