Show GOLDFIELD BANK BANt CLOSES j i GOLDFIELD D Net Xe Oct 21 A J.-A A notice no tico tice posted on the door of tho time State I Bank and Trust company coor which closed i yesterday says that the su suspension pension is ison ison on instructions from tho tIme homo home hank bank of Carson Cit and ane is due duo to the heavy heay I drain on deposits cuin during the last lat few I months following the time labor troubles g and i ithe the the inability to make mako collections The I j notice notee further says MYS that re resources i are arC ample to pay all al depositors in full ful IH i It H i In is generally believed ed that t the sue sue- I pension ens ion of the GolM cl institution was WS 1 due rue wholly to the difficulty that beset its sister banks in other cities controlled I Ib b by T. T B. B I Rickey who Is the head hearl of the tho I reorganized Sullivan Tru Trust t company The notice i is like thi this I IThe Acting Artin under instructions from the tho State Bank and Trust company this bank hank ha has suspended the reason given I being that under existing conditions conditions' which render it i impossible to make collections collections col col- col I at our ou various banks with wih the serious drain on en tho the deposits s in the southern banks hanks for the past few months I resulting from labor troubles etc time the State hank will wi be obliged el to suspend temporarily at least lEast We Were We're are re ask asked d to that our resources are arc re ample to I say sa ou pay par every otery obligation when general condi conell conditions tion become better beter I E I E. E H. H WISE A Assistant Cashier The The Goldfield bank of the tho State Stat I Bank Bink and nail Trust company can pay two i for one on all al i its d deposits said Mr r. r Wise ise The company is amp amply secured on all nl the loans which it has made and there is absolutely no doubt of i its sol solvency sol sol- ol vency veney Time The h pres present nt closing was merel merely an arm expediency measure to avoid noid a possible 10 pos sible amble serious serious situation and there is absolutely ab nb- serous no dan danger er of depositors deposit deposit- ors orB losing their money mont No money will willbe wi b be bA sent out of f |