Deseret Evening News | 1907-10-18 | Page 1 | Mercantile Nat'l Bank's Solvency Reaffirmed

MERCANTILE BANKS SOLVENCY REAFFIRMED Now New N York Oil 0 IA I A meeting of O the clearing huum hou wa wits WI hew betS b tM tilts tia morning to i Id r the general banking situation 11 naton Th rh of the tb Mercantile M tl National bunk ank an as 1 reported by b President d Nash Nu of th tb I h corn Exchange bank lat last J night wu was o It I Is that the lbs ti condition of certain eta other OIlier banks bank lo In thu Ih city was w dl cussed at the misting meeting but so 1 far a as could cl be l learned lr no definite action with regard r to t these thu institutions Institution wa was w ten taken To T quote a representative of the Ih clearing bo both house the th situation is t now nw under cana control and no for untoward are ar looked lk forIn t In conservative eltI th the filing fI pre p vaili that certain crl other tiler Interests interest will w have hv to be b t before lo aa In the th local banking altos at Uon can e be restored tore It tt I I is fa believed beve that the tl r of ot F r I Augustus Hell from the of o othe f the tb National bank wilt will wt h be M 1 lowed lw by b the tb Ur m Di of oC other 0 fr per person son HOBS from fN other banke balo