Show PORTLAND BANK CLOSED Institution Said to be Solvent But Short of Cash Portland OreTIlo Merchants Na llonal bank of this city did not opet Its doors for business Tuesday mornIng morn-Ing Tho following notice was posted Having been unable to realize or our securities rapidly enough to moo the heavy demands lately made upoi us wo have boon compelled to tern poiarlly suspend payment Since tin commencement of the holidays wi have liquidated about 1500000 of ou deposits without aid other than tha granted by tho clearing house association associa-tion The association loaned us up tt the limit permitted by tho natlona banking act Tho bank Is solvent Wi have sought the advice of tho comptroller comp-troller of the currency and confident expect to resume business within I short time |