Article Text
EAVY RUN CAUSES CLOSING OF BANK MT. VERNON, ILL eposits at Time of Last Call Were $741,151 Withdrawals of $40,000 in One Day. to Dec. MOUNT The Jefferson State Bank failed doors this morning, but thought it will be able to Sept. 30, the bank its report time and call deposits of Heavy withdrawals in few weeks caused the bank Withdrawals yesterday to $40,000. Missouri Failure in Last Two Days. Dec. Bank of Canton, at Canton, in County with total resources was closed today by its and placed in of directors of the State Finance Defollow ing heavy and conwithdrawals, it was anlast statement to the showed deposits of partment of which $12,696 were $196,632; capi$13,000; bills payL. Martin is presG. and F. Hoerer cashier. Union Savings Bank at MonMonroe County, with resources was the first to Itsnotice to the Finance Deartment was followed by a notice the Bank of Osage County. at and the State Bank of Collins, County. Bank of Osage had $244,155 stock surplus $10,000 and J. Pull Jones T. A. Dubrouillet, No reason for the closgiven State Bank of Collins had $60,910 stock $1200 sur$209 undivided profits and bills payable. W. J. Bard and O. E. Simms cashNo reason for the closing was Finance Department has not an xaminer for either the bank or Collins bank. given as reason for the closing of the City bank. bank's last statement listed By loans, $60,000 capital $6000 surplus, $8504 undibils payable and $14,397 liabilities. T. D. Robey was and G. E. Chipman at Keithsburg. III., Fails With itizens State Bank of Keithswith deposits of $430,000 yesterday. It was the only Banks Fail in Northwest Arkansas: 13 in Two Days. ROCK Dec. banks in Northwest and one nationyesterday, bringing the of depositories which have that section the past Commissioner Taylor announced that at and and Merchants' Bank with which A. T. failed to and had been takcharge the Banking Deliquidation. National Bank at Green losed and has been of Federal examof the two instituForest without Bank at Berryville approximately ling to its report to Department Sept. 24, Forest State Bank's on date totaled $158,since Nov. American Exchange Little Rock closed, was cause for closing the Hudspeth was direcRock bank. O. Butt is presiPeople's Bank at BerIndspeth is vice presi- With Deposits of $1,117,000 at Canastota, N. Y. N. Y., Dec. Broderick, State SuperBanks, today antaken possession Bank of Canasiota. to result of what he said be unsound financial losses on loans and incondition of the bank advisable that this in order to conserve the interests of deSept. 24, the bank gross deposits of $1,117,- N. C., Bank, With $1,Liabilities, Closes. C., Dec. Bank and Trust Co. of N. C., failed to open business today. Fuwould be governed by Board of Bank Examinwas said. Officials said the