Willow Grove Trust Company (Willow Grove, PA)

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South Boston Is Without A Bank

First National Planters South did not Bank business this without banking South Boston entirely facilities of made the The board directors lowing statement withdrawals to recent heavy acute cultural this the closed for ordered capital of The bank has and Charles Owen president cashier National Bank closed The Boston the hands time and residents of tel are being taken to organization South Boston looking and been made to the farmers will be able get their money promptly.

THREE BANKS CLOSE here closed its Farmers Bank

Philadelphia, Oct. Trust deposits the State Bankthe hands of placed ing Department

Trust Company. Saturday appointed temporary Weniger banking after private three had filed involun- Federal in tary 500 decourt The liabilities No statement positors available until after be audit of books.

VOTE ON MERGER New (Special) First National Bank the Castle and the Farmers Craig signed Merchants of contract Saturday each bank merger stockholders the institutions, the ratification. of contract to rejection of the two mitted the banks on November fifth.

BANK RECEIVER suit colOct. interest from March lect with Saturday in United was instituted district court Charles States the National Bank receiver of Green, Old Coal. of Roanoke salleged on the day in question which firm check the defendant in the NaWhen the tional Bank submitted to the bank check which it was was drawn that the plainpayment had been asserts. and other costs the fee Norton is it alleged.

Closes Philadelphia, United three Trust with Security today did closed Willow Grove Trust Company.

Savings Bank. Dime Canton. turned over the Bank was Department of liquidaState Banking directors today. The tion by its bank to of the 000 and the deposits to has been under way the Tabernacle Bapone be continued through church will today. sermon tonight by Rev. Howard Arthur. Prodigal each evening at 7:30 Doors open o'clock.

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Land Bank Bonds.

Following is a list of Federal Land Bank bonds, traded in over-the-counter market at New York Monday, with the closing bid and asked price. Furnished by the National City Company, Inc., 1313 First National Bank building, AT 5182, Omaha. Bid. Asked. F. L. B. 4 Nov. 1, 1957-37.. 71 74 F. L. B. 4 May 1, 1958-38.. 71 74 F. L. B. 4 1/4 July 1, 1956-36.. 72 75 F. L. B. 4 1/4 Jan. 1, 1957-37.. 72 75 F. L. B. 4 1/4 May 1, 1957-37.. 72 75 F. L. B. 4 1/4 Nov. 1, 1958-38.. 72 75 F. L. B. 4 3/4 Dec. 1, 1933-32.. 98 99 F. L. B. 4 1/2 May 1, 1942-32.. 76 1/4 79 1/4 F. L. B. 4 1/2 Jan. 1, 1943-33.. 76 1/2 79 1/2 F. L. B. 4 1/2 Jan. 1, 1953-33.. 75 78 F. L. B. 4 1/2 July 1, 1953-33.. 75 78 F. L. B. 4 1/2 Jan 1, 1955-35.. 75 78 F. L. B. 4 1/2 Jan. 1, 1956-36.. 75 78 F. L. B. 4 3/4 July 1, 1953-33.. 76 80 F. L. B. 4 3/4 Jan. 1, 1954-34.. 76 80 F. L. B. 4 3/4 July 1, 1954-34.. 76 80 F. L. B. 5 May 1, 1941-31.. 86 88 F. L. B. 5 Nov. 1, 1941-31.. 86 88

New York Bank Stocks.

New York, Oct. 5 (A. P.)— BANK STOCKS. Bid. Asked. America 29 31 Chase Natl 37 3/4 39 3/4 Chat Phen 30 1/2 32 1/2 Comml 165 173 First Natl 2250 2350 Manhattan 37 1/4 39 1/4 Natl City 48 50 Public 21 1/2 23 1/2 TRUST COMPANIES. Bankers 56 58 Bklyn Tr 232 242 Cent Hanover 128 132 Chemical 30 3/4 32 3/4 Continental 15 1/4 17 1/4 Corn Exch 71 74 Empire 29 31 Guaranty 264 269 Irving 19 3/8 20 3/8 Manufacturers 31 3/4 33 3/4 United States 1950 205 N Y Trust 90 93

Board of Trade Stocks.

Chicago, Oct. 5 (A. P.)— Sales. High. Low. Close. Amer Cynamid Co.. 100 4 4 4 Armour Cl A 300 1 1 1 Corn Prod com 200 28 5/8 27 3/4 27 3/4 ElecBondShr 2500 16 5/8 15 15 Pennroad Corp Shr. 400 3 7/8 3 3/4 3 3/4 Std Oil of Ind 4700 17 7/8 17 1/4 17 1/4 Studebaker com ... 200 9 3/8 9 1/4 9 1/4 BONDS. Sales High Low Close ChicagoBd of Trad. 1000 52 52 52

N. Y. Produce Exchange.

New York, Oct. 5 (A. P.)— Sales. High. Low. Close. Jenkins Tel 9 2 3/4 2 1/2 2 1/4 Shortwave Tel 23 1 3/8 1 3/8 1 3/8 Western Television .. 14 2 3/8 2 1/4 2 3/8

Minneapolis Bank Stocks.

Minneapolis, Oct. 5 (A. P.)— Bid. Ask. Close. First Bank Stock 14 7/8 15 15 Bancorporation 22 22 1/2 22 1/2

Bar Silver.

New York, Oct. 5 (A. P.)—Bar Silver, 7/8c higher at 28 1/8c.

Foreign Exchange.

New York, Oct. 5 (A. P.)—Foreign Exchanges—Easy. Great Britain in dollars, others in cents. Cables. Great Britain—3.83 1/2. France—3.93 7/8. Italy—5.14. Belgium—13.96. Germany—23.60. Holland—40.15. Norway—22.00. Sweden—23.00. Denmark—21.75. Switzerland—19.61. Spain—9.02. Portugal—3.35. Greece—1.29 1/8. Poland—11.23. Czechoslovakia—2.96 1/2. Jugoslavia—1.77. Austria—14.06. Rumania—.59. Argentine—24.02. Brazil—5.35. Tokio—49.38. Shanghai—32.00. Montreal—87.75. Mexico City (silver peso)—35.86.

Bank Suspensions.

St. Paul, Minn., Oct. 5 (A. P.)—Four Minnesota banks with deposits totaling $905,000 closed today.

Heavy withdrawals caused suspension of the Racine State bank while the State Bank of Watertown ceased operations because of depleted reserves. The Exchange State bank of Grand Meadow and the State Bank of Mayer closed to conserve assets. The Grand Meadow bank was the largest with deposits of $400,000.

Philadelphia, Pa., Oct. 5 (A. P.)—The United Security Trust company with three branches, closed today and turned its affairs over to the state banking department.

Willow Grove, Pa., Oct. 5 (A. P.)—The Willow Grove Trust company closed today and was taken in charge by the state banking department.

Duluth Flax.

Duluth, Minn., Oct. 5 (A. P.)—Close: Flax—On track, $1.25 1/2 @ 1.29 1/2; to arrive, $1.25 3/4 @ 1.26; October, $1.25 1/2; November, $1.25 5/8; December, $1.22 1/2; May, $1.25 1/2.