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CITY WITHOUT BANK Miss., Jan. This city was left without bank today following the closing of the First National bank here yesterday heavy developed. Previously the Bank of Pontotoc was closed. The First National had deposits of with capital and
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Affairs of New York Bank "Scrambled." NEW Jan. termingled financial affairs corporations of the closed Bank of States today hearing on affairs of the corporations. Carl repres ntative the hearings for Joseph E. Broderick, state banks closed the institution 11. of. fered comment on the after chairman mittee, testified the financial ture the four Singer deall four were solvent. The which. went into last are the of New City Financial the cipal Fanancial Corporation and the Bankus After long involved for the asked Singery man shares he 56 made up of one share Bankus and Bank of United States. that right?' that's right," the witness replied. In to question as to how much had raised for the corporations and then additional been rowed, total of Banks Close Withdrawals by today the for the closing of five taken over by state and The closed the First Na. were Bank of Pontotoc, capital of $125,Bank $534,000 and stock $100,000; Citiat Winona, deposits $260,000 $25,000; Bank of Blue Mountain with deposits and capital Bank Derma deposits of and $10,000 capital. Arkansas Banks Reopen. ROCK Ark., Walter the reopening of Those reopening are: The Eudora Bank the closed dora Bank and Trust Company EuSalem and the Farmers' Bank Alabama Bank Closed. MONTGOMERY Jan. Dent F. banks, announced late today People's Bank had Capital stock was listed at with surplus $3000. Deposits on Nov. 1930, $61,880.
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Van Buren County Bank Reopens for Business CLINTON ARK., Jan. (UP)The Van Buren County bank here resumed business today after agending for five days for readjustment of its affairs. The bank deposits of WASHINGTON ARK., Jan. Washington State bank at Washington closed Its doors today under the five day suspension provision of the state banking The institution was capitalized $25.000 and had deposits of $46,437 PONTOTOC. MISS., Jan. (UP) city was left without bank today following the closing of the First National bank yesterday after heavy run. Previously the Bank of Pontotec was closed.
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LOCAL MARKETS Butter, and Ess Co.) candled colored Leghorn colored (up to lbs.) Stags lbs. Roosters Ducks 10c Butter Fruits and Vegetables. Quota Co. 88 Arkansas Blacks. 138 Rome Beauty fancy, bushels bushels Flemish extra fancy 2.75 Beauty, fancy. 110-120-135s extra Oranges. 126 Oranges, bushels Oranges. special Cranberries. Rhubarb. Canadian. 100 Tomatoes. Fla crate Cabbage. per 100 Brown Beauty 100 lbs. 100 round sweet. per bushel Onions. pounds Parsley dozen Lettuce dozen dozen Bank Suspensions. JACKSON. Miss., Jan. 2 (AP) Withdrawals by depositors today caused five Mississippi banks to close their doors. Combined deposits affected in the national bank, approximated The closed were the First National Bank of Pontotoc, deposits of $600,000 and capital stock of $125,000 Bank of Pontotoc, deposits. $534.000 and capital stock, $100,000; zens bank. deposits, $260.000 and capital $25,000; Bank of Blue with deposits of $179,000 and capital, Bank of Derma, with deposits of $50,000 and $10,000 capital. LITTLE ROCK, Ark., Jan. (AP) State Banking Walter E. ylor announce today the reopening of three banks. closing of one and suspension of another Those reopening were the Eudora bank as successor the closed Eudora Bank and Trust company, at Eudora: Bank of Salem. reorganized at Salem, and the Farmers bank, at Closing of the Interstate National bank at and suspension for five days of the Bank of Marvell, at Marvell. left Phillips county without a banking institution. MONTGOMERY, Ala., Jan. 2 (AP) Dent Green, of banks. announc late today that the Peoples bank, of had its doors. Supt. Green was informed by President W. Rudder that bank been today upon approval of the board of directors, asked that state banking department take over the firm's affairs. Capital stock was listed at $15,000, with surplus of Deposits on Nov. 20, 1930, were $61,880. Supt. Green attributed the bank's