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Western Banking Holiday By The western half of the state and particularly Hobart not need the holiday no discernable after effects will be felt here, according concensus of the heads the two local institutions. Pres. Kelsay of the Farmand Merchants National bank and Walter B/ Stephens, acting and manager of the Home State Bank, expressed opinion of bright optimism in terviews by the porter this Both executives expressed the view that this section of the state not in need of moratorium, but that was probably the only thing to following reported withdrawals in the eastern section after holidays had been declared adjoining states. No Excitement saw number of business and other customers of the morning,' Stephens said, there was absolutely manifestation of excitement among Kelsay said, few fanatics could start bank, but the larger men, and knowing the liquid condition both Hobart banks will not make trouble for Both also expressed the opinion that there is occasion excitement among the custom- they expect and would be fully pared for in arose. The statements each bank found them fully solvent and liquid with few in the state in better condition. No After Effects history repeats said, one will be able moratorium after The veteran banker told two previous experiences, the panic' of 1907 and the failthe First National bank here than decade which that absolute quiet prevailthrough and after the answered, were fully prepared for anything that might But Stephens expressed the optimisthat if the local banks could have and would have ignored governor's wouldn't have worked hardship them. couldn't do said. course we would like have accommodated our customlike making change for them. customers,' said, such an attitude, that probably wouldn't have been even under hardship, banks in this section of open
