OCR Text |
Show And HUH Auollien 8t. Louis, 28. At the instance of the directors ol the real estate savings institute, the Block holders held a meeting ibis evening, aud alter a lull and Iree dibcuxsioo, a resolution was adopted to suspend at once. The assets are placed at $450,000, maiuly in bonds aud mortgages on real estate, and the liabilities to depositors about $255,000. Il is thought depositors will be paid in full and perhaps tbe stockholders will receive something. Tbe cause of the suspension is l ne great shrinkage in real estate values and the inability to realize on securities. |