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TWO BANKS CLOSE DOORS POPULAR MISCONCEPTION OF CONDITIONS CAUSES A RUN ON NATIONAL BANK AT BERLIN, WIS. Berlin, Wis., Nov. 18.-The Berlin National bank closed its doors yesterday and posted a notice saying: "Owing to the withdrawal of deposits the business of this bank has been placed in the hands of the controller of the currency." A meeting of the stockholders had been called for Dec. 5 to arrange for paying a 60 per cent assessment in order to strengthen the banks and to remove any doubtful paper which might befound. Notices had been issued to the public stating the bank's determination to strengthen itself. These notices were misconstrued by the depositors. A run on the bank resulted and became so serious that the directors determined to close the doors. The deposits aggregate $180,000. Bank Examiner Parker has been appointed receiver. I Carson, Iowa, Nov. 18.-The Bank of Carson, capital $50,000, closed its doors yesterday and its affairs will be liquidated. The bank has been in business twenty-three years. A new bank has been organized which will take over the deposits.
