Show PUEBLO BANKS CLOSE I Runs Arc Mado on Them and Three Shut c Their Boors PUEBLO Colo July 5The bank h panic did not reach Pueblo until this morning then it came with a vengeance When the American National bank t opened for business a large numbar of depositors were waiting to take out their i money A notice posted up stated that tLt bank would commence business un t soon and that its assets were luo9000and liabilities = 650000 Runs commenced on both the Western National and First National The Western West-ern National closed its doors before noon Thev have deposits of over Sl000000 and were always onsidered very strong Hundreds stood in and about the First ational bank all day and depositors were paid as fast as the paying teller could handle them The general expectation expec-tation is that the First National will be able to pay creditors in full when called for and that they cannot be forced to close The Central National closed at noon Assets abount 170000 and liabilities L I about 70000 w A run was made on the Public Savings > bank but they took advantage of the law which allows them sixty days The bank is regarded as perfectly safe There is a much better feeling this evening and the worst is believed to be past Each of the closed banks can pay in full as soon as tney can realize on collateral The Bank of Florence at Florence Colorado closed its doors today It was a branch of the American National Bank of Pueblo Assets and liabilities are unknown un-known but it is claimed creditors will be paid in full |