Salt Lake Herald | 1903-08-21 | Page 2 | More Banks Closed

I I MORE BANKS CLOSED rj Q at Beaumont Involved Other Institutions Beaumont Tex Aug Aus M President enl Oliver of oC the Citizens Citizen National bank I which closed clo ed its doors yesterday today wired the banks at cAt Frost FroM Groesbeck Groe beck i Barren Barron and Hubbard Hubbar City in which he heis hei I is i interested ed not to open op n their thelt doors do ra andall and all of them today day t suspended u Pity pay payment ment mont tot for the time being They are Itle in involved voled vol ed in so 80 far sc as Oliver is concerned but are not known to t be he otherwise in tr trouble u le They are all aJl reported among the be banks bank having overdrafts with the tho Citizens bank Mr Ir Oliver decline es to tol say l why wh be lie ordered order d ala banks closed clo ed The failure of the Citizens National has hAJI not tot affected the business houses of oC Beaumont and the other banking tut tens were not called upon today t to do other than the th usual amount of Bank Examiner Logan still ref to make any statement about the condition of ot the bank