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X-3962 BANKS BEPOBTED CLOSED - WEEK ENDED AUGUST 7, 1951 (For confidential use diily - subject to Correction) Ilember "banks indicated "by an asterisk (•). Name of Bank City State Date closed District No. 2 •American Union Bank New York N. Y. Aug. 5 •International Madison tt 5 Bank & Trust Oo. New York N. Y. tt M 5 •Times Square Trust Co. " " •Notional Bank of tt 6 Union City N. J. North Hudson ft ft » tt 6 •Union City Nat.Bank ft tt M ft 6 Bergenline Trust Co. M ft 6 Jersey City Jackson Trust Co. 8 Farmers & Mechanics !Bk., Ft. Plain,N. Y. ft Capital Surplus & profits . *" Total deposits 1,000,000 750,000# 6,500,000 1,750,000 1,000,000 1,450,000# 1,000,000* 6,500,000 1,400,000 600,000 300,000 100,000 300,000 100,000 1,027,000 129,000 60,000 157,000 230,000 8*686,000 1,010,000 925,000 1,430,000 1,460,000 125,000 50,000 24,000 10,000 50,000 57,000 17,000 45,000 1,000 22,000 1,099,000 205,000 630,000 150,000 362,000 #Surplus only. District No. 4 •Minerva Svgs.& Bk.Co . Minerva Citizens Cora*l Bank WaynesfieId Butler Deposit Bank Butler Far .5: Merch. Bank Leesburg Bank of Wayland Way land * t it Ky. Ohio Ky. July 31 Aug. 1 M 1 11 4 n 6 District No. 7 •Oconto National Bank Oconto Wis. Aug. 1 60,000 19,000 it •First National Bank Boyne City Mich. 3 50,000 12,000 It Peoples State Bank Cissna Park 111. 3 25,000 3,000 Nashville State Bank Nashville Mich. July 27 65,000 30,000 (in lieu, of Nashville Svgs. Bank , reported last week in error) State Bank of Oconto Falls Wis. Aug. 4 50,000 .45,000 tt First State Bank Piano 111. 6 25,000 50,000 ft Bank of Popejoy Popejoy 6 Iowa 10,000 3,000 tt ft Hubbard State Bank Hubbard 7 50,000 18,000 ft ft Toledo Savings Bank Toledo 7 50,000 30,000 District No. 8 Stock Growers Bank Bank of Emma Farmers Bank v Ohio Purdin Emma Livonia Mo. Aug. 1 ft 4 ft 7 30,000 20,000 10,000 District No. 9 Wallace State Bank Wallace Corsica State Bank Corsica Far.& Merch. St ate Bk Chetek Security State Bank Watford City Commercial State Bank,Kennebec S.Dak. Aug. 1 M ft 3 ft 4 Wis. N.Dak. ft 5 S.Dak. tf 4 15,000 25,000 36,000 15,000 30,000 District No. 10 Burrton State Bank Farmers State Bank Kans. Nebr. Burrton Sutherland M tl July 31 Aug. 3 REOPENED BANKSt None. 35,000 25,000 29,000 8,000 10,000 817,000 612,000 55,000 1,000,000 591,000 550,000 165,000 230,000 382,000 132,000 109,000 98,000 7,000 59,000 267,000 264,000 113,000 195,000 4,000 9,000 172,000 182,000 mm 9,000 5,000 wm mm