Show i ic G CRASH V I IN ILLINOIS OI BA BANKS K Three Institutions In McDonough county Closed Their Doors Yesterday THEY LACKED READY CASH 1011 In Real neal r banking SOY III IH 0 Ft McDonough county can In Y Chandler ot or eIl d by C today Notices to I their that the banks were short of at Ibe were Vere posted on the thc of at atall cash Y Milk This TM decision w wa all fl the an examination ot of ott yesterday all On bed hed The books by Mr tr t tI iN the of at Macomb con can bank flo Co do de der V bY b C and nt at 50 t II r tie Chandler Chander Ine bank nt at Cot Col at and de d capitalized nod the Chandler Ot 01 bank of at ardolph capitalized at 1000 With deposits money ot of the depositors tors In all The banks hils been Invested though three lt Ir Chandler the member ot of the tho firms In McDonoUgh county real estate and the Immediate ot of the suspension of at the tho three In cUO ot of toady ready lack Is l given as a TM T batik bank the Ma II 0 OP tha th bonds of at td h payment Western Electric rail cole and when the tho bondholders mario 1 P wU 4 for tor their money mone they absorbed 1 the Ito ready cash of at the tho the tho followIng notice appeared Oil on T Sto 11 rs ot of all three banks by C CV V Chandler and the thO other or of hI tra Orm In the towns This bank Is I dosed loell pending subject to the conversion or of the tho dou dois Into ready roady cash The bank Is I will be ba paid Int t end ond OIL ift rull There I Is ample property to meet O and all that Is i ia a amount ot of tIme to con can conOt Ot mt Into mone monet money t C V C ha been In the bank s In for tor a quarter tJ Qt c and In addItion to his ht Is treasurer of at the tho We Set t tern ern eft state Normal ormal chool ot of Ma Io tent and md treasurer r of at the city or of Mo Ma Mol l coma mb It I Is not thought either the or the city will lose by the tha rail fail the banks The Tho Is Ie protected bra S trust bond and the city In tb the bank are small at this ot of the year ear earr r Chandler Chander made mad a 0 statement today tolay Kiting forth In effect what was stated I tile the tS posted on the doors ot of the The liabilities are more than 1 with real estate over The are co cn central IllInois and are 1 goo good There was little show of et excitement r the ot of the banks In Cot Col ColItt Itt utter r thc part ot of the kI saro aro mIners |