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TWO BANKS CLOSE, MANY MAY RE-OPEN Bismarck, N. D., Jan. 24.—The Farmers State bank of Churchs Ferry, capital stock $10,000; surplus $10,000, deposits $130,000 and the Security bank of Oberon, capital $15,000, surplus $2,000 and deposits $90,000, have been closed, it is announced by the state banking department. J. L. Matthews of Minneapolis, is president of the first named bank and John W. Weninger of the latter bank. Several banks in the state which are on special trust deposit under the Guaranty Fund commission are seeking to reopen. The commission's representatives have, within the last few days, heard representatives of closed banks in Valley City, Velva and other places, who seek to learn what the commission will require under a reorganization for opening the banks, and to present their attitude and report on their condition. No action has been taken by the commission. Several of the banks, it is understood, were closed merely because of depleted reserve, and with additional cash pledged by directors and officers expect to reopen.