Article Text
Rush Cash To Yazoo Banks City By Airplane From New Orleans YAZOO CITY, Dec. D. Walker, representative of Federal Reserve bank of New Orleans, via airplane at 11 o'clock this morning "unanan fund currency protect Yazoo City's banks, halted any panic which might have developed here today. The Citizens Bank and Trust company failed open here this morning, following "slight the bank Saturday afternoon. The to have been brought by time depositors manding funds but officials the bank announced this morning that its affairs were in the hands the state banking department. No reason was assigned. Delta National bank and the Bank of Yazoo, with deposits runremained almost two hours past closing time to give remove their savings. Both banks reported only Funds are available in any amount to protect the Delta National and the Bank Yazoo," Mr. Walker of the Federal Reserve bank said this afternoon in an official statement Both banks announced they will open morning prepared to all State of Banks S. Love, plans to re-open Bank Trust pany within short does not regard "backwash closing" two banks at Yazoo City and Rosedale Monday, affecting the state's financial situation The Greenwood Bank Trust company one of the five Greenwood's banks to close doors Saturday, during day panic. The Citizens Bank and Trust company at Yazoo and Bolivar County bank Rosedale failed open their doors Monday morning. Superintendent Love (Continued on Page Eleven)
