Show HELENA BA K The First National and Montana National Close Their Doors HELENA Mont July 27The First National and Montana National banks Jailed this morning A run is in progress pro-gress on the other banks The run is 1 gess now confined principally to the Merchants Mer-chants National which claims to be able to stand The closed banks have ample assets but could not realize S 1 Houser is president of the First National t capital stock 500000 surplus 100000 i undivided profits 5600000 and average deposits 3250000 I John T Murphy is president of the i Montana National It has a capital stock I of 0 surplus 100000 undivided 1 profits 100000 average deposits 1500 C03 I is claimed the assets are 1300 000 liabilities 900000 Officers say eventually they will pay in full The First National paid out over 1 000000 the past week and the Montana paid out nearly 500000 1 The other banks are standing the run well the heaviest is on the Merchants 4 National but big depositors came to the rescue and deposited faster than it was paid out and the excitement is subsiding I subsid-ing The failed banks are among the oldest old-est and strongest in the city Both had ample assets but could not realize fasten fast-en ugh I C W Camon O M Halter and S C 1 Ashley all leading capitalists have made personal assignments |