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TWO BANKS CLOSE.
HARTFORD, CONN. (AP)βTwo Hartford banks, the Riverside Trust company, and Pallotti Andretta & Company were suspended Tuesday by Bank Commissioner Lester E. Shippee, following runs on both institutions. Capital of the Riverside Trust company was given as $400,000, savings deposits, $643,805 and commercial deposits, $3,185,455.10.
ANOTHER IN MIAMI.
MIAMI, FLA. (AP)βThe City Bank of Miami Beach, which underwent a heavy run Monday, did not open Tuesday morning. The bank had a capital stock of $100,000, and deposits of $600,000.
ONE IN VIRGINIA.
RICHMOND, VA. (AP)βThe Peoples Bank of Gretna, Va., suspended business Tuesday. The bank was capitalized at $50,000 and had deposits of $474,000.