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Branch Institutions Fail. Kansas City, Mo., Dec.. 5.-Two small branches of the National Bank of Commerce, one located at the Union stock yards and the other in the wholesale district in the west bottoms closed their doors this morning. They were the Stock Yarks Bank of Commerce, with deposits of $300,000, and the Union Avenue Bank of Commerce, with small deposits. There were no runs on the other banks, and deposits were made as usual.
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BIG BANK FAILURE NATIONAL BANK OF COMMERCE OF KANSAS CITY SUSPENDS. This Was One Of The Largest Financial Institutions In The West And Had Sixteen Millions On Deposit. Kansas. City, Mo., Dec. 5.-The National Bank of Commerce, of Kansas City, Mo., one of the largest in the West, with deposits of $16,000,000, closed its doors today and was taken in charge by a national bank examiner upon an order of the comptroller of the currency. Later two small outlying banks in which the Bank of Commerce was interested, the Stock Yards Bank of Commerce and the Union Avenue Bank of Commerce, also closed. The failure of these banks had been predicted for several days and but little excitement followed the announcement of the news. although crowds of depositors gathered about the d'oors of these institutions. The officials of the Commerce, which is affiliated with many banks here and in other parts of the Southwest, express the belief that none of them will be seriously affected.
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FOUR S FAIL. National Bak of Commerce Among Thos Forced to Close. Kansas Ciy, Mo., Dec. 6. - Four banks of th city, chief of which is the National Bank of Commerce, closed their oors and were taken in charge by anational bank examiner, following insructions of the comptroller of the cerency. The smaller institutions fored to close are the Stock Yards Bank of Commerce, the Union Avenue Ban of Commerce and the State Bank ( Argentine, a suburb. In a steadyrun of six weeks the National Bank f Commerce had paid off $19,000,000 f deposits, reduced its loans $3,500.00. cut down its cash resources $11.20.000 and sold $2,000,000 of high gradebonds. Chicago and New York banks ffered substantial assistance, but offers of the bank saw no prospect thathe steady drain would be checked en with this assistance and decided / suspend. Of approxiately $17,000,000 in deposits tied ujin the suspension about $12,000,000 llongs to out of town banks and $000,000 to Kansas City residents.
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Kansas City Bank Failure. Kansas City.-The National Bank of Commerce, the second financial institution in importance in Kansas City, announced its suspension instead 01 opening Thursday morning, after a steady run of six weeks, during which the bank had paid off $19,000,000 of its deposits, reduced its loans $3,500,000, cut down its cash resources $11,750, 000, and sold $2,000,000 of high grade bonds in an effort to meet the demands upon it. Later three small outlying banks in which the Commerce was interested, the Stock Yards Bank of Commerce, the Union Avenue Bank of Commerce and the State Bank of Argentine, also closed. The failure of these banks had been predicted for several days and but little excitement followed the announcement.
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SUSPENDED BANK RESUMES BUSINESS Subsidiary of National Bank of Commerce of Kansas City Re-OpensPlenty of Assets. Kansas City, Dec. 10.-The Stock Yards Bank of Commerce a small institution that closed when its parent bank, the National Bank of Commerce failed last Wednesday, resumed business this morning with $80,000 in cash and sight exchange on hand against $120,000 of deposits. The Union Avenue Bank of Commerce, another branch of the National Bank of Commerce is in course of re-organization.
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Kansas City Bank Failure. Kansas City.-The National Bank of Commerce, the second financial institution in importance in Kansas City, announced its suspension instead 01 opening Thursday morning, after a steady run of six weeks, during which the bank had paid off $19,000,000 of its deposits, reduced its loans $3,500,000, cut down its cash resources $11,750, 000, and sold $2,000,000 of high grade bonds in an effort to meet the demands upon it. Later three small outlying banks in which the Commerce was interested, the Stock Yards Bank of Commerce, the Union Avenue Bank of Commerce and the State Bank of Argentine, also closed. The failure of these banks had been predicted for several days and but little excitement followed the announcement.
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Kansas City Bank Failure. Kansas City.-The National Bank of Commerce, the second financial institution in importance in Kansas City, announced its suspension instead 01 opening Thursday morning, after a steady run of six weeks, during which the bank had paid off $19,000,000 of its deposits, reduced its loans $3,500,000, cut down its cash resources $11,750, 000, and sold $2,000,000 of high grade bonds in an effort to meet the demands upon it. Later three small outlying banks in which the Commerce was interested, the Stock Yards Bank of Commerce, the Union Avenue Bank of Commerce and the State Bank of Argentine, also closed. The failure of these banks had been predicted for several days and but little excitement followed the announcement.
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Kansas City Bank Failure. Kansas City.-The National Bank of Commerce, the second financial institution in importance in Kansas City, announced its suspension instead 01 opening Thursday morning, after a steady run of six weeks, during which the bank had paid off $19,000,000 of its deposits, reduced its loans $3,500,000, cut down its cash resources $11,750, 000, and sold $2,000,000 of high grade bonds in an effort to meet the demands upon it. Later three small outlying banks in which the Commerce was interested, the Stock Yards Bank of Commerce, the Union Avenue Bank of Commerce and the State Bank of Argentine, also closed. The failure of these banks had been predicted for several days and but little excitement followed the announcement.
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Kansas City Bank Failure. Kansas City.-The National Bank of Commerce, the second financial institution in importance in Kansas City, announced its suspension instead 01 opening Thursday morning, after a steady run of six weeks, during which the bank had paid off $19,000,000 of its deposits, reduced its loans $3,500,000, cut down its cash resources $11,750, 000, and sold $2,000,000 of high grade bonds in an effort to meet the demands upon it. Later three small outlying banks in which the Commerce was interested, the Stock Yards Bank of Commerce, the Union Avenue Bank of Commerce and the State Bank of Argentine, also closed. The failure of these banks had been predieted for several days and but little excitement followed the announcement.
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Kansas City Bank Failure. Kansas City.-The National Bank of Commerce, the second financial institution in importance in Kansas City, announced its suspension instead 01 opening Thursday morning, after a steady run of six weeks, during which the bank had paid off $19,000,000 of its deposits, reduced its loans $3,500,000, cut down its cash resources $11,750, 000, and sold $2,000,000 of high grade bonds in an effort to meet the demands upon it. Later three small outlying banks in which the Commerce was interested, the Stock Yards Bank of Commerce, the Union Avenue Bank of Commerce and the State Bank of Argentine, also closed. The failure of these banks had been predicted for several days and but little excitement followed the announcement.
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BANKS ARE REOPENING. Kansas City. Dec. 15.-The Union avenue Bank of Commerce, which was obliged to close by the suspension of ill 'the National Bank of Commerce. All re-open for business to-morrow. the small banks carried down by the National Bank of Commerce's failure have now been rehabilitated.
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BANK TO REOPEN. Kansas City, Dec. 15-The Union Avenue Bank of Commerce which was obliged to close by the suspension of the National Bank cf Commerce, will reopen for business tomorrow morning. All the small brake carried down by the National Bank's failure have now been rehabilitated.
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Suspended Bank Resumes. Kansas City, Dec. 17.-The Union Avenue Bank of Commerce, one of the small banks affiliated with the National Bank of Commerce, which closed when the parent institution failed ten days ago, has resumed business. All of the banks affected by the Commerce failure have now reopened. James T. Bradley, receiver of the National Bank of Commerce, expects to have the report of the condition of that bank ready for the comptroller of the currency within a few days.
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Kansas City Bank Reopens. Kansas City, Mo., Dec. 17.-The Union Avenue Bank of Commerce, which was obliged to close by the suspension of the National Bank of Commerce, has reopened for business. All the small banks carried down by the failure of the National Bank of Commerce have been rehabilitated.
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Banks Will Reopen. Kansas City-Three small banks in Missouri and Kansas that suspended following the close of the National Bank of Commerce are to resume. They are the Union Avenue Bank of Commerce of Kansas City, the private bank of D. A. Becker at Stoesbury and the State Bank of Admire, Kas.
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Banks Will Reopen. Kansas City-Three small banks in Missouri and Kansas that suspended following the close of the National Bank of Commerce are to resume. They are the Union Avenue Bank of Commerce of Kansas City, the private bank of D. A. Becker at Stoesbury and the State Bank of Admire, Kas.
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Another Small Bank Reopens. Kansas City, Mo., Dec. 16.-The Union Avenue Bank of Commerce, which was obliged to close by the suspension of the National Bank of Commerce, will reopen for business Monday. All the small banks carried down by the national bank's failure have now been rehabilitated.
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Banks Will Reopen. Kansas City-Three small banks in Missouri and Kansas that suspended following the close of the National Bank of Commerce are to resume. They are the Union Avenue Bank of Commerce of Kansas City, the private bank of D. A. Becker at Stoesbury and the State Bank of Admire, Kas.
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Banks Will Reopen. Kansas City-Three small banks in Missouri and Kansas that suspended following the close of the National Bank of Commerce are to resume. They are the Union Avenue Bank of Commerce of Kansas City, the private bank of D. A. Becker at Stoesbury and the State Bank of Admire, Kas.
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Banks Will Reopen. Kansas City-Three small banks in Missouri and Kansas that suspended following the close of the National Bank of Commerce are to resume. They are the Union Avenue Bank of Commerce of Kansas City, the private bank of D. A. Becker at Stoesbury and the State Bank of Admire, Kas.
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KANSAS CITY-The Union Avenue Bank of Commerce, which was obliged to close by the suspension of the National Bank of Commerce, will reopen for business. All the small banks carried down by the National bank's failure have now been rehabilitated. -