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OUTLYING BANKS FORCED TO CLOSE BY WITHDRAWALS Savings Trust Co., University City Trust Co. and Park Savings Trust Suspend. Three outlying banks have been closed since the end of business yesterday because of steady withdrawals by depositors, following the closing of three other small banks in the St. Louis district within the last nine days. The banks which have closed since m yesterday are: Savings Trust Company, 4915 Delmar boulevard. University City Bank and Trust Company. 6633 Delmar. Park Savings Trust Company, 6336 Clayton road. The Savings Trust Company notified the state finance commissioner's office at City at today that was closing. The telegram read 'Forced to close on account of steady withdrawals. Please take Savings Trust, according to its December 10, had deposits of receipt the telegram, Roy D. Miller. state bank examiner here, was instructed Finance Commissioner Harrison to take charge of institution. $200,000 Capital. Total resources of Savings Trust, according to its statement Total loans amount Capital stock $200,000. demand deposits $1,014,974; savings deposits time deposits Bills payable amount to $936,802. John Dowling is president, Alexander the W. seph B. Crawford and Harold MacCarthy. bank member the Federal Reserve System. The statement was sued by the board of directors deemed advisable temporarily suspend operations of the Savings Trust Company at 4915 Delmar boulevard. in to protect its depositors. An run the bank by the closing banks in adjacent territory. the cause of heavy withdrawals. "Plans for reorganization now under and this time of the bank in charge of Deputy Finance Commissioner Roy Miller Opens, Then Closes. The University Bank and Trust Company opened usual time but doors were and fifteen minutes later the following notice was posted the door: of board of directors this bank. hereby placed the hands of the state commissioner notice signed by W The was Morgan. president, and A. Nail. On December 10. when its last was the bank total of Its while and member of the Federal Reserve System The bank was organized in 1923 the Bank City. The name was changed to the UniContinued on Page Column