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national
c9ce4c74e752f506Full suspension
Other: Bank was closed and placed in federal receivership; receiver later sold securities to liquidate assets.
TWO MORE ST. LOUIS BANKS CLOSE; HEAVY RUN BLAMED By United Press' ST. LOUIS-The St. Louis National Bank and the West St. Louis Trust Co., were closed here today. Heavy withdrawals, which resulted in the closing of three banks yesterday and two others within the past eight days, were believed responsible.
LOUIS BANKING TROUBLES St. Louis. more the smaller banks the Louis the Louis National bank and Olive streets, and the West Louis Trust Co., closed their doors today. making total of eight closings within nine days.
MORE ST. LOUIS BANKS CLOSE. Heavy Withdrawals Force Action by Two Depositories. ST. LOUIS, Jan 13.-Two St Louis banks closed their doors this morning. The closing actions followed the shutting down of six other banks in St. Louis and suburbs in the last ten days. The two institutions which closed today were the St Louis National Bank and the West St. Louis Trust Company. notice on the door of the West St. Louis Trust Company stated that "due to heavy withdrawals the directors deem it advisable to close this bank temporarily in order to protect and safeguard the interests of deposiThe Savings Trust Company of St Louis. whose statement September 10 showed total deposits of $1,714,389 closed yesterday. Officers of the Savings Trust Company said it had been closed to protect depositors, and "that an unprecedented run on the bank caused by the closing of several banks in the adjacent territory was the cause of heavy withdrawals. Helen Twelvetrees to Resume Her Role as an Actress. Miss Twelvetrees, who gave up her screen contract when her son was born two months ago. said long-term yesterday had signed a new agreement she to play in films. In private life Miss Twelvetrees is the wife Frank Woody.
the (Irst in the modest home of Martha and Mary following the death of Lazarus. the second is the burial in accord with Eastern custom and the third shows Jesus A cordint invitation to attend is given to the public. Two SL Louis Banks Close more of the smaller banks In the St. Louis District, the St. Louis National bank. and the West St. Louis Trust Co., closed their doors Friday. making a total of eight closing within nine days. The SL Louis National bank was capitalized at $200,000 and had rcsources or $2,128,285. The West St. Louis Trust Co.. had $200,000 capital stock and $2,168,732 resources.
BANK RECEIVER IS GRANTED RIGHT TO SELL SECURITIES Edwin S. Coombs, receiver for the St. Louis National Bank, today was granted authority by United States District Judge Davis to sell in whole or part bonds and securities of the bank having a total par value of $838,441. Government, railroad, public utility and municipal securities are included.
SALE OF BANK'S STOCKS AND BONDS AUTHORIZED To facilitate liquidation of assets of the closed St. Louis National Bank, Edwin S. Coombs, national bank examiner and receiver for the bank, was authorized yesterday by Federal Judge Davis to sell stocks and bonds which have a par value of $838,441. Under Judge Davis' order, Coombs may sell the securities in the open market here or through the Federal Reserve Bank of New York. He also was authorized to deposit defaulted bonds with protective committees.
FEDERAL BANK RECEIVER QUITS E. S. Coombs to Be Vice-President of Telegraphers' National. Edwin S. Coombs, Federal receiver in charge of liquidation of Twelfth Street National Bank, South Side National Bank and St. Louis National Bank, has resigned to become vice-president and managing officer of the Telegraphers' National Bank. In that office he succeeds H. E. Offenbacher, who has resigned. Coombs is a native of Kansas City and formerly was manager of the stock exchange department of the Board of Trade there. He was in the banking business in Columbia before coming to St. Louis. nity. Studebaker has constructed a gargantuan automobile model that stands 39 feet high and 80 feet long. Its wheels are 12 feet in diameter. Nash will display its models in its "glass tower." Hupmobile exhibits in the Travel and Transportation building. International Harvester has in operation a robot-driven farm tractor.
QUESTIONS AND ANSWERS As evidence of good faith, you are requested to send your name and address with your question. Names are not published. If a personal reply is desired send stamped, self-addressed envelope. Financial, medical and legal advice is not given. Q. When does day begin—when the clock has struck 12 at midnight or when daylight appears? A. Day and date begin at midnight. Q. What day did November 28, 1873, fall on? A. Friday. Q. Who invented the automobile and airplane? A. The automobile has evolved from the steam carriage. Capt. Nicholas Joseph Cugnot of the French army, in 1769, drove such a carriage 2 1/2 miles an hour. In 1802 Richard Trevithick built another which evolved into the steam locomotive. Gottlieb Daimler, Germany, 1885, operated the first gasoline-driven bicycle. It is also claimed that Carl Benz, Germany, drove the first motor car in 1885. The first motor car in America was driven April 19, 1892, by C. A. Duryea. Elwood Haynes, July 4, 1894, drove a gasoline automobile of his own invention. Orville and Wilbur Wright, 1903, are credited with constructing the first practical airplane, following the general ideas of Prof. S. P. Langley, whose motor-driven "aerodrome" flew three-quarters of a mile in 1896, without a pilot. Q. Is there any department in the state where spring and well water can be sent to be tested for disease germs? A. Yes, Division of Sanitation, State Board of Health, Jefferson City, Mo. Q. What is the address of Robert Quillen? A. Care Publishers' Syndicate, 33 La Salle street, Chicago. Q. What day did January 11, 1866, fall on? September 25, 1892? A. Thursday. Sunday. Q. What does "e pluribus unum" mean? A. It is Latin for one out of many, and the motto of the United States, as being one government formed from several states. Q. Where can records of all past World Series baseball games be learned? A. From baseball guides at the Public Library and for sale at book stores and stands. Q. What is Dizzy Dean's real name? A. Jerome Herman Dean. Q. Where is the office of the Citizens' Committee on Relief and Employment? A. The administrative offices are at 2221 Locust street. Some twenty branch offices are listed in the telephone directory. Q. What is the name and address of the British consul in St. Louis? A. H. E. Bowle, 1218 Olive street. Q. What is the seating capacity of the Municipal Theater? A. 10,000. NOTE—In this column, October 8, credit for dividends paid and being paid by the St. Louis National Bank aggregating 95 per cent to depositors, should have been given to the Twelfth Street National Bank. Receiver J. Buckner Fisher of both institutions states, the St. Louis National having paid two dividends amounting to 30 per cent.