| Show P H BATHS l AIS HANK BANI Ho lie 10 n s Seventh National Never Was IS as in lu Hotter Shape lion Hon Ion Perry Parr S Heath this morning re received reo a n dispatch from his hla hil brother Fletcher Heath vice Ice president of the Seventh National bank Now New ow York which stated that the bank never Iwer was In 11 n a bettor better condition than U it I Is today This wire was vas In answer to a query quor i r n u report which cr me from Cram rota New Ne York last lust evening to the effect that the thu financial Institution was vas In Following close cloute coKe upon uon tho the receipt of ot this news newl Mr 11 Health last night received n a dispatch front from his brother r In It II New Nell York telling hint him hll not 1101 notto notto to pay any nn attention to the newspaper reports 1 regarding the banks condition When seen this morning and nud asked l kell concerning the story tory from rein New York regarding the tM financial Institution In which ho Ito Is heavily r Heath HeRth that thai he had norare no noarl fears rare arl for fOr Of the thc out tot tOl even ch It If the reports were er true tru the directors Per lall tonally ero In lb li a n position to pay oft off of very every vry ono one of the depositors It If necessary ry Mr Ir Heath l th said that he thought tho that the rumor had hatI boon been n undoubtedly started by b some one who wait al short shorten on en In the and wanted to make a 1 flurry so 1 that hat he could coult recoup t pU him himIC self it lf IC Ivery bank bunk IS u liable labe to have happen Jo O 0 Oit it I at any nn time he lie hI said saIda and a can only grin anti livar It The bank is Ie mi as ni solid 09 as any In itt New eW York and aad nU if I I had n a 1 hundred dollars I J would not hesitate one minute about It there thero today Mr Heath l nth stated that there was wan i possibly 00 0 represented In the directorate of oC the National anti and that the bad bal paper laer l carried Arll by b the bank batik was c Ally lly nil ni The following Associated die dis dispatch patch recording the thc bank was received by I the News this New York June Juri Junt tt H It It the tile newly elected president of ot the Seventh National bank took of ot the Institution today toda Wm Sm U B n who retired from the of ot the hank batik bank will wt remain Tn In the tho banks and will wil continue to take nn an a active Interest In Its Ita le affairs At UM 1130 13 It I was WI announced that alt all ni altof of at the lie banks having debit balances at nt atthe atthe the clearing cering house houie paid DaId them today |
