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MYRTLE BANK CLOSES JACKSON. Dec. 31.-Although the state banking department had not received official notice today, reports from Myrtle announced the closing there of the Bank of Myrtle "until further notice." According to officials of the institution the bank is solvent closed its doors for protection in the face of The bank capitalized at $15,000, surplus of $3,000 and deposits of $67,000. Sam Frazier is president and John T. Miller cashier.
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Bank Of Closes For Time As Precaution Associated the state banking department had not received official notice today, ports from Myrtle announced closing there of the Bank of Myrtle further notice." According officials of the institution the bank solvent and closits doors for protection in the face of run. bank capitalized at $15,000, surplus of $3,000 and deposits Frazier president and John Miller cashier.
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Depositors in Greenwood Aid Bank's Return (Continued from page 1) deposits resulting from its meeting the needs of business while the other banks were closed. Committees of depositors of the Greenwood Bank & Trust Company are campaigning among the depositors of that concern to get unanimous agreement for the reopening of the bank. By signing the freezing agree ment for the opening of the Green wood Bank & Trust Company, lead ers in the announced that they believed they would save the deposi tors from a loss of 50 per cent or more. MYRTLE REPORTS. JACKSON, Miss., Dec. (AP) Although the state banking depart ment had not received official notice today, reports from Myrtle announced the closing there of the Bank of Myrtle until further notice. According to officials of the in stitution bank is solvent and closed its doors for protection in the face of run. The bank is capitalized at $15, 000, with surplus of $3,000, and de posits of approximately $67,000. Sam Frazier is president, and John T. Miller, cashier.
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Bank of Myrtle Closes JACKSON, the state banking department not received official notice today, reports from Myrtle nounced the closing there the Bank of Myrtle Until further notice." According to officials of the institution the bank solvent and closed its doors for protection in the face The bank capitalized $15,000, with surplus of $3,000 deposits of approximately Frazier is president and John T. Miller cashier.
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STOCK EXCHANGE SEAT PURCHASED AT $186,000 NEW Dec. 31 price New Exchange ships dropped on final day the year today, new for the the second new low established for in many day for the at The price for seat this year $480,000 May. Hollandale Bank Open. CLARKSDALE Miss., Dec. Bank officials they were in error when they advised the Press yesterday that Bank of Hollandale closed as result the closing banks Hollandale has closed, but doing usual is prepared to meet demands. The Associated Press is glad to make this correction. Bank Suspensions. CROWLEY. Dec Southern Bank and Trust company, only at Eunice, St. Landry parish, failed doors for the reason for closing During month the bank took over the Eunice State bank since was the banking institution the Affairs were turned over to state bank officials. JACKSON, Miss., Dec. 31 said today reports from Myrtle the closing there the Bank of Myrtle "until further According officials of the instituthe its doors for protection in the face of bank is capitalized at surplus and deposits of approximately $67,000. Dec. 31 of the and Planters Trust and Savings bank. of Clarksdale. yesterday protect depositors after heavy withdrawals, today taken over by Russell E. Memphis, national bank examiner. examiner. said statement to make closed institutions had not been fully investigated.