| Show STATE DANK BANK AND TRUST MILS Oft GO fAILS Difficulty Due to Inability to Real Realize Realize ize on Security by Sullivan Trust Go Co DEPOSITORS LOSE NOTHING I IrI 5 I ImIN I hiI II lie Clo k knees e 1111 Reno Nev Ny Oct is Tin Sun IiiI Hunk nank nod and Tru wIth 11 h lI lIat at t wid 4 branches branch at t t P h Manhattan and clo clod d lt ta 4 OM tM th at AI 9 15 k J ft t tw n 1 I is In i charge barp TH Tb I Is III due du lo to 1 tn to remus on o tock stocks placed H as for fora or orI ft a I lean in made dr bv lv he the lb nr IMI sa a yeni Jf n T B RIckey y president i t of crt th tte bank la is I one on of 0 the wealthiest av men n In the th state 1 and Id the th k t ar aTe ti thought to exceed cUd th the 1 Ho No 10 f hit ar la I entertained that win will m Uw lose 1 a cent Int Following th u ement that the flank H mn an Trust Tru company had NItI au u the Nye NYC N county count Olla I r yo bank n Frank Golden wit branches branched at al CW Carson on Tonopah lih Manhattan and andReno lId Reno n put out a it sign stating t that tIne the th hank bank would be he closed for three daya In order r to have haVI I t coin oln shipped I In to tn prepare pre fur for in run There In Ie a no tan nii 1111 ii t the testing feeling prevails prevail vaU that there her will be no failures a aA A statement Issued u by h the h Plate tank flank and nd Truit Trul company ny ahl afternoon A as Igna itts tAbor troubles trouble and a drain In on nn deposits In the th south th ii K the Ih rea roo n for tor forthe tin the an n It Jt that depo deposit depositors lt ors ora or will WI be ba paW 1 dollar for dollar doUr A general feeling u of or o here h The d deposits Ot In hunk bunkS today Inday greatly Uy ex the tho withdrawal JI b al Prominent local lor andr ler including Senator liento lI Nixon anticipate aliI 11 t no On n serious trouble truble A from rum that condition there are art nor norm mini mat BRANCH BRAI rJ Cl ED Nev t out net t 23 The State tal Rank Bank anti and an Trust company deCeit clone Its t door doors at 1 11 U a m today toda A notice nOI pout post pouted postad ed lid on ott the dor doir says aay that the ur en enlon lon slon la Is on Instruction from the horn home bank bonk of Careen C City JI and IH is due till to the heavy beavy drain on deposIts deposit during the tb la last t few months the labor trou mu trouble bit bIos and the th Inability hl blUt to make collection tion Uon The Tb notice further aay that the th resource are a ample to 10 pay all de d In full It I is III generally be he believed that the tu hup p lon of the th Gold Inid Goldfield field lei wan vt a due u wholly to th the difficulty that beet lt It lter banks bank bankIn In other controlled by T I R RIcky Mickey who U to to the th head hat of t the th re reorganised r reorganised organised A FP Bun lIn aim Oc g 22 1 IThe The me n I new w i i ithe Ithe the Ib failure of ot two t araon City bank used e strong selling movement In Inthe inthe the Ih local took stock mining exchange today and all the lh leaders leader sustained 08 e Nearly Nea lOS 10 altar I of or GoldIc Consolidated ted were w sold cold Id and Alad the t dropped to a decline of 17 ii point points n Florence loM M points poInt and others other were Weri lower lor by t 2 to 10 19 peed per share shame h r Eagle II H Net Neat of 0 was wa unloaded freely because caNle It wa was a Issue backed by Bankar whose bank bROk had tad closed T stocks stock tock also suffered The Tb Manhattans Manhattan w wore r the only steady aty shares bare At the curb trading late in thi day the market markt demoralisation demoralisation I lion with Uh free tree offering of ito toe H and no buying NO BANK Carwin anon I un eMy My Spy Nev Oct tt The tact fact came cam Wit to light this afternoon that Jack Marshall a bank examiner of 0 the state tRI i of f Nevada had hud tendered his bis hi resignation Ion to 10 the bos board id several Beveral days day 48 ago so that thaI It II had hid been n accepted ac and 14 MaJ laJ sj Mil Mu Miller ler hr n it well known know n resident of coun roun count t Ly had been bean appointed to succeed him himIn In 10 this emes Up to nl the present time lime Miller tIller has baa ha not nul qualified for or II his III silica and wd consequently co the lb state at Ute the pros pro em ert time Um I is without a ink hank examiner Prank Frank n of the Nye Nyc Ik company compan bank Issued a state statement statement ment this thin Ih afternoon that the Nye A company bank was w In a 11 solvent condition The Reno Rno bank and anI other branches situated In Carson City 11 and the bern muting mining camp camps will wilt probably ably abl n remain main domed closed for lor or several day duyo Enough win twin In to pay py all depositors In 10 full the Ibe branche branches ha h hast been II wired fur foi at San Han n Francisco and nd will arrive In till city tomorrow morning Thi TIll will wilt In is I distributed among amon the different differ I branches of ot he Institution and th tb i ithe it the banks will wilt b be thrown to 10 hul 1101 ness n with their vaults vaul containIng I n ce s ry money mon |
