Platte State Bank (Platte, SD)

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CROP FAILURE BLAMED FOR BANK CLOSURES

PLATTE. S. D.-Crop failures were said to bbe responsible for the closing of three more banks in this city. Doors were locked today on the Commercial State, Platte State, and Farmers' State banks, following heavy runs of depositors. The in. stitutions, according to the officers, were not in dangerous conditions and following reorganization will be Saves repairs and keeps reopened providing sufficient fivedown cost of running your year time certificate signatures car. It is as different from should be secured from depositors, as the famous Alemite RHINELANDER-The Rev. George High Pressure Lubrication Staley has accepted the pastorate of is different from the oldthe Methodist church. here, succeeding the Rev. A. 0. Wade. fashionedgrease cup. Have

EAU CLAIRE boys from Eau WAUKESHA AUTO SALES CO. Claire will be among the first of the Waukesha, Wisconsin summer quota to attend the "Y." boys' camp at Lower Long lake.

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Heavy Run Closes 3 South Dakota Banks

Platte S. D., July state banks the Commercial State Platte State and Farmers State falled open their doors for business yesterday following heavy run of depositors Wednesday Officials of the institutions declared that none of the banks was in shape but that they had closed for purposes and would reopen as soon as they can get depositors' signatures for five year time certificates, payable by percentage every year Crop failures and many other banks failing in this section are said to have caused the local banks to take this step. Business in Platte was at a standstill today.

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Three State Banks Close in Platte, S.D., Following Heavy Run by Depositors banks, the Commercial State Platte State, and Farmers State failed to open their doors for business this morn. ing. following a heavy run of deposit. Officials of the institutions declared that none of the banks was in bad shape but that they had closed for organization purposes and would signatures for year time cer tificates, payable by percentage each

Crop failures and many other banks failing in this section are said to have caused the local banks to take this step. Business in Platte was at stand still today.