The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
.
.
'—
.
.
D ECLASSIFIED •
Authority
March 28, 1933.
Mr. E* L# Smead, Chief,
Div. of Bank Operations,
*• Federal Reserve Board,
Washington, D*C*.<
Dear Mr* Smeadt
The attached February list of
banks which restricted deposit withdrawals,
has been compiled as far as our records re
flect these limitations. We regret that the
d&tes and nature of the restrictions were not
included in the information received by us.
We have no advice of any bank in
this district obtaining depositors* waiver agree
ments, without actually closing*
Yours very truly,
,^2^-^rFederal Reserve Agent*
Reproduced from the Unclassified I Declassified Holdings of the National Archives
declassified
Authority
( B-868 )
F. R* DISTRICT
6
BANKS WHICH PITHING FEBRUARY, 1933, RESTRICTED DEPOSIT TflTHDRAWALS*
Restricted Deposit Payment Basis.
Dover,
Ark*
Little Rock , Ark*
Bank of Dover,
Bankers Trust Co*,
i»
ft
tt
Atkins,
*
Bank of Atkins,
Peoples Trus-t^po*,
it
it
H
w
tt
Merchants & Far.Bk.
Union Trust Co*,
«
t
t
t
t
Arkadelphia, .Ark.
Citizens Nat*l 3k*
W*B.Worthen Co .Bankers,
it
it
f*
Elk Horn Bk. & Tr.Co •»
Bank of Commerce,
North w ?JP
t
t
»
tt
Merch. & Planters
Twin City Bank
it
n
Bank and Tr. Co.,
Simons National Bank, Pine Bluff, Ark*
«r
n
n
»
Bk. of Prescott,
Prescott,
Cotton Belt Bk. & Tr.Co •
i
*
i
t
t
t
First State Bank,
State National Bank,
Texarkana,
i
t
n
Citizens Bank & Tr.Co., Camden,
First National Bank,
Ashdown,
i
t
i
t
First Nat<1 Bk.
Commercial Loan & Tr.Co • Monticello * tt
t
t
t
t
*»
tt
Merch* k Planters Bk 9
Union Bk.^& Tr. Co.,
H
Arkansas Nat»l Bk.
Heber Springs , Ark
Hamburg Bank,
Hamburg,
w
it
t*
n
f
t
Cleburne
County
Bk*
Farmers Bk* & Tr. Co.,
tt
First Nat*l Bk.
Dardanelle,
Merchants Planters Tr.
m
tt
First State Bk*
Morrilton,
and Savings Bank,
Warren,
i
t
t*
tt
Citizens Bank,
Pottsvilie.
Warren Bank,
m
tt
Bank of England,
England,
Citizens Bank,
Tillar,
tt
tt
f
t
Citizens Bank,
Eudora 3ank,
Eudora,
Bk. of Griffithville ,Gr iffi thvilie 9 n
Fountain Hill Bank,
Fountain Hill,Ark.
ft
Bk. of Kensett,
Kensett,
Crossett,
Bank of Crossett,
Ark*
It
Bk* of Searcy,
Searcy,
MoGehee Bk. & Tr* Co.,
MoGehee,
Ark.
it
tt
i
t
Security
Bk*,
Bank of Wilmar,
Wilmar,
ft
tt
Peoples Bk.,
McRae,
Bradley County Bank,
Hermi tage.
n
Bk. of Judsonia,
Judsonia,
Peoples B»nk,
Portland,
It
it
Belleville Bk*
Belleville,
Bank of Parkdale,
Parkdale,
f
t
Bk. of Ola,
Ola,
Arkansas National Bank, Hot Springs, *
»
f
*
t
t
f
f
Bk* of Plainview,
PIainview.
Arkansas Trust Co*,
ft
tt
Farmers Bk.
Bank of Russellville,
Russellville,1*
tt
t
t
Exchange Bk. & Tr.Co • El Dorado,
Peoples Exchange Bk.,
Withdrawals Restricted
Ohio Valley Banking and Trust Co.,
Henderson, Ky.
Restricted Deposits to b% per Month
Citizens National Bank,
Stone City Bank,
First National Bank,
Bedford, Ind.
n
n
Mitchell, n
Reproduced from the Unclassified / Declassified Holdings of the National Archives
D ECLASSIFIED • '
Authority J M J _ h j < s o * 2_£
F e d e r a l R e s e r v e Ba
\
n k
O F
S
t
. L
o u i s
Maroh 11^ 1933#
Mr* E. L* SmQ&d, Chief,
Div. of Bank Operations,
Federal Reserve Board,
Washington, D.C*
Dear Mr. Sinead:
As requested in your letter of January 19, 1933
B-869, referring to banks whioh restricted deposit withdrawal®
without actually closing, we have made every effort to accumu
late the necessary data, but as foreseen in your letter our list
does not contain all the banks which operated or have operated
under these conditions. It is quite impossible to gather accur
ate information from only our records.
The January list as attached was compiled from
information gathered by the Treasury Department, the press and
by personal observation. Even after obtaining the names of the
banks, we were unable to learn the exact nature of the restric
tions* Some banks after posting the restrictions, only pressed
their use for exceptionally large amounts of money. To our know
ledge no bank in this district obtained depositors* waiver agree
ments, without actually closing.
We have nothing to report for 1932.
Yours very truly,
Reproduced from the Unclassified I Declassified Holdings of the National Archives
_____
D ECLASSIFIED *
Authority ( j A l h
F. R. DISTRICT
BANKS ’/THIGH 10RING JANUARY, 1933, RESTRICTED DEPOSIT WITHDRAWALS
Effective Jan. 15, 1953
Demand Deposits restricted to
a month
and Time Deposits to 60 days notioe on
amounts of over $100*00*
Effective Jan. 15, 1935
Time Deposits restricted to 60 days
notice on amounts of over #100.00
University City^ Mo
Brentwood Bank,
tt
Bank of Ferguson,
Ferguson,
«•
Florissant,
Citizens Bank,
tt
Jennings,
North Side Bank,
tt
Kirkwood,
Kirkwood Bank,
tt
tt
Kirkwood Trust Co.,
tt
Bk.ofMaplewood & Tr. Co. Maplewood,
tt
tt
Citizens Nat'l Bk.
tt
tt
Peoples State Bk.
«
Normandy State Bk.
Normandy,
tt.
St.Bk-of Anglum,
Robertson,
St. Johns Community Bk. St.Johns Sta. tt
University City, tt
West End Bank,
First National Bank, Webster Groves, tt
tt
tt
n
Old Orchard St.Bk.
tt
Lemay Ferry Bk,
Luxemburg,
tt
St. Louis,
Water Tower Bk,
Farmers State Bk,
Chesterfield, Mo*
Clayton Nat'l Bk,
Clayton,
tt
First Nat'l Bk,
St, Louis Co. Bk.
*
Tr. Co. of St.Louis Co.w
Crave Coeur F&r.Bk. Creve Coeur,
Eureka,
Bank of Eureka,
t*
Far. k Merch. Bk*
Fenton,
Bk. of Manchester,
Manchester,
(closed 1-23-33)
n:
t
w
Pine Lawn Bk,
Pine
Lawn,
Meramec Valley Bk#
Valley Park,
n
Webster Groves Tr.Co.Webster Groves,1*
First Nat *1 Bk,
Wellston,
*
State Bk. & Tr.Co.,
n
n
Wellston Tr. Co.
n
*
Graviois Bk. of St.Louis Co.,St.Louis,Mo.
Lafayette Nat *1 Bk.ic Tr.Co., Luxemburg,**
Midland Savings Bk,
St. Louis, Mo*
Effective Jan. 26, 1935
Customary 5% basis.
Effective Jan. 29, 1933
Customary 1$ ¥asis •
Coffeen Nat'l Bank,
Coffeen,
Fillmore Bk.
Fillmore
Montgomery Co.Ln.&Tr.Co. Hillsboro,
First Nat'l Bk,
Litchfield,
tt
Litchfield Bk.5sTr.Co.
Litchfield Nat'l Bk.
Nokomis Nat'l Bk.
Nokomis,
Ohlman State Bk.
Ohlman,
First Nat'l Bk.
Raymond,
St.Bk. of Waggoner,
Waggoner,
Security Nat'l Bk.
Witt,
111.
tt
tt
tt
Biloxi,
111.
tt
tt
i»
tt
tt
Withdrawals Restricted
tt
tt
tt
tt
it
D«mand Deposit withdrawals restricted
Peoples Bank,
Bradford Nat'l Bk.
Greenville,
St.Bk. of Hoiles & Sons,
*
Bond Co. St. Bk*
Pocahontas,
Sorento Nat'l Bk.
Sorento,
Miss.
Island Deposit Bk,
Bk. of Middleburg,
Hardin Bk,
First Nat'l Bk,
Bk. of Murray,
Bk. of Caneyville,
First Nat'l Bk,
Island,
Middleburg,
Hardin,
Murray,
Ky.
«
tt
tt
tt
•I
tt
Caneyville,
Huntingburg, Ind.
(s-su)
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED •
Authority iJAJh
2L
TELEGRAM
FEDERAL RESERVE SYSTEM
(LEASED W IR E SERVICE)
RECEIVED AT W ASHINGTON, D. C.
bl2gta
StLouis
Boa^d,
Mar 4
Washington
1107am
^
farmers and Merchants bank Ethel Missouri special holiday
---M?
March 3 to 9 inclusive.
Stewart
1235pm
s. s. MTMkmcmryanmNotmoi: ms
2— 11901
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED *
Authority U A /h
l b
TELEGRAM
FEDERAL RESERVE SYSTEM
(LEASED W IRE SERVICE)
RECEIVED AT W ASHINGTON, D. C.
StLouis MO Mar. 4 1107a
Board
Washington
State Bank of Newtondon Missouri special holiday March 1 to
M§xch 6
Stewart
S. a. M TR
KKK
K T tK O tTSM e
rne*', IMS
1240pm
2— 11901
\/
*
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED *
Authority U A J h ?<5 0<3 L
TELEGRAM
FEDERAL RESERVE SYSTEM
(LEASED W IRE SERVICE)
102gb
Stlouis Mar 4 925am
Board
r e c e iv e d a t W a s h in g to n , d. c.
s.
Bank of Stpaul mo previously wired you as under special holiday
should have been suspended September 19 1932 reopened october
10.
^
Stewart
1125am
iew of the fact that this bank was reported along with
Bank of St. Peters, St. Peters, Mo. as closing under special
holiday and was listed in our letter of January 19, B 869,
ufoich St. Louis checked as correct, there seems to be some
question whether it is a suspension or whether it was closed
on special holiday.
This telegram was received after our
final figures for the year had been prepared and after the
Committee had finished m6miographing their suspension
compilation.
We are, therefore, keeping this in our record
of banks under special holiday.
0. S. eOVEBNMKNT WHNTWe W V M It IMS
r
H
--------------
Reproduced from the Unclassified I Declassified Holdings of the National Archives
...
.
,,
________
D ECLASSIFIED * '
Authority U A J j\
-
TELEGRAM
FEDERAL RESERVE SYSTEM
-/ ,
/
(LEASED W IRE SERVICE)
RECEIVED AT W ASHINGTON, D. C.
135bfa
StLouis 1030a Mar 2
Board
TT,a s bn
/
/
Bank of Rayiiiondville Mo special holiday February 24 to Mar£h 2
i:'s
inclusive
Stewart
1248 p
*
D B. 60TUKUKNT PRIHTINO t m f l l l IMS
Reproduced from the Unclassified I Declassified Holdings of the National Archives
r -
DECLASSIFIED •
Authority U A J h
** -
TELEGRAM
FEDERAL RESERVE SYSTEM
U "]0 . 3 ( f
(LEASED W IRE SERVICE)
RECEIVED A T W ASHINGTON, D. C.
136bfa
^
S t L o u is
1045a Mar 2
B o a rd
washn
7
/
New Mountain Grove Bank MountainGrove Mo special holiday
February 27 to March 5 inclusive
Stewart
.V
1248 p
i/
B. B. ftOVKUOCBNT PRINTINa • IT I0 »: 1IM
2—11001
Reproduced from the Unclassified / Declassified Holdings of the National Archives
DECLASSIFIED
Authority j j
TELEGRAM
"] 6, i (
FEDERAL RESERVE SYSTEM
(l e a s e d W ir e s e r v ic e )
RECEIVED AT W ASHINGTON, D. C.
84gb
Stlouis Mar 1 945am
Board
‘•Yashn
v/
/
Farmers and Merchants Bank St^lair Mo Special Holiday extended from
February SI to March S3 inclusive.
Stewart.
1104am
8-41001
s/
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED ■
Authority U A J h
Q ^i
TELEGRAM
i- j. ~}0,
3 (#
FEDERAL RESERVE SYSTEM
(LEASED W IR E SERVICE)
211gb
RECEIVED A T W ASHINGTON, D. C.
Stlouis Feb 27 1227p
Board
y
Wash^
First National Bank Mounj^in Grove Mo reopened February 23 previously
on Special Holiday January 9
Stewart
154p
\J
V. 8. OOTBRNMBNT PRINTING OFTICS; IMS
a—11901
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority t/A /fo
TELEGRAM
FEDERAL RESERVE SYSTEM
^
~(
(LEASED W IRE SERVICE)
2IS gb
RECEIVED AT W ASHINGTON, D. C.
StSfcuis Feb 27 1227p
Board
#-
^
*■’
y
Washn
Peoples Bank Bonne Terre Missouri Special Holiday extended from Feb 17
-.vi
to March 9 inclusive
U. 8. OCTSRVniSNT PRINTIHtt OFTIC*: 1W
Stewart
W
2—11001
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED ■ "
Authority U M b ? 60 «3 £
TELEGRAM
L_f
FEDERAL RESERVE SYSTEM
(LEASED W IRE SERVICE)
p
7;
^(
RECEIVED A T W ASHINGTON, D. C.
leSgK
130gb
Stlouis Feb 21 1059am
<0$;
Board
Washington.
Holla State Bank Rolla Mo Special Holiday February 20 to March 21
inclusive.
Stewart
1210p
V. 8. GOVERNMENT PRINTING OfTIOS: 191P
2— 11901
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority (/A /fo ?aCl 3 .L
TELEGRAM
FEDERAL RESERVE SYSTEM
V
^
(Xj
(UEASED W IR E SERVICE)
169 gb
RECEIVED AT W ASHINGTON, D . C.
Stlouis Fab 18 1117am
Boarc?^
Wa shn
/
-
American First National Bank MtGarmel Ills closed special holiday
January 26 1933 reopened ^bruary 4.
Stewart
1251p
rer-rriN'Oarram: j«s
£— 11901
Reproduced from the Unclassified I Declassified Holdings of the National Archives
------------------------
-------
DECLASSIFIED *
Authority U A / h
TELEGRAM
FEDERAL RESERVE SYSTEM
i_f. JQ, 3
(LEASED W IR E S E R V IC E
RECEIVED A T W ASHINGTON, D . C.
170gb
Ijghtlouis 1117aia Feb 18
Board
^
Wsshn
/
/
^
First national Bank, Mountain Grove Mo, special holiday January 9
t)iS
to February 7 inclusive.
Stewart
1252p
pnivnsa owek mm
a—
11901
/
Reproduced from the Unclassified I Declassified Holdings of the National Archives
r~ ' •
declassified
'
•
Authority
TELEGRAM
■t
FEDERAL RESERVE SYSTEM
(LEASED W IR E SERVICE)
250gb
RECEIVED AT W ASHINGTON, D. C.
Stlouis Feb 17 2p
Boardh.
D 8. &OYKSNMSNT PRINTING OFTICS* 1938
2— 11901
*4 I d
’
"•
/
6 { 1
v
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED •
Authority U A J h I a CiA L
TELEGRAM
FEDERAL RESERVE SYSTEM
'4 1 & ‘5 - ^
(LEASED W IRE SERVICE)
251gb
RECEIVED AT W ASHINGTON, D. C,
Stlouis Feb 17 214p
Board ^
Washn
Bank of Nixa Mo closed Special Holiday January 5 reopened February 11
reported in bur wire January 7 as moratorium declared.
Stewart
328p
O 8. OOVBBNMENT PRINTING DRIOI: IBS8
2—11901
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED •
Authority U A l h IftCsZlb
TELEGRAM
■ j sa,ip
/i
:j
/ 0 ■w
FEDERAL RESERVE SYSTEM
(LEASED W IR E SERVICE)
RECEIVED A T W ASHINGTON, D. C.
209gb
iftlouis Feb 16 1230p
Board
,;j>
Washington
peoples National Bank Seymour Mo reopened January 25 previously
special holiday Deo 11
Stewart
f
I
Reproduced from the Unclassified I Declassified Holdings of the National Archives
D ECLASSIFIED
Authority j j A l h
TELEGRAM
l 6 i 3 (f)
FEDERAL RESERVE SYSTEM
(LEASED W IR E SERVICE)
RECEIVED A T W ASHINGTON, D. C.
%
207gb
?.
Board
Stlouis Feb 16 1230p
'3r
Washn
Bank of eldorado Springs Mo reopened November 28 1932 previously
special holiday october 20 1932
Stewart
143p
. aoTHunnBrrnorfsmwnw. tut
8—11901
■
J
Reproduced from the Unclassified I Declassified Holdings of the National Archives
D ECLASSIFIED *
Authority U A J h
TELEGRAM
/,
------------------------------
ct/
FEDERAL RESERVE SYSTEM
(LEASED W IR E SERVICE)
SO Bgb
RECEIVED A T W ASHINGTON, D. C.
Stlouis 1230p Feb 16
_
, '*£r
Board
Washington*
Moberly Trust Co Moberly Mo Special Holiday February 10 to March 11
S&ewart
143p
s. A O T w iraw T n o m n n v n h sm s
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority U A l h
_
TELEGRAM
V 7 0, 3
7
FEDERAL RESERVE SYSTEM
(LEASED W IR E SERVICE)
206 gb
r e c e iv e d a t W a s h in g to n , d . c.
Stlouis 1230p Feb 16
Board
Washn
According to recent advice Citizens Bank Pilot Grove Mo closed
Special Holiday november 8-28 inclusive reported suspended in
our wire November 10.
Stewart
14 lp
(?
Reproduced from the Unclassified I Declassified Holdings of the National Archives
---------------------------- ---------- ---------
D ECLASSIFIED *
Authority U A J h
TELEGRAM
FEDERAL RESERVE SYSTEM
(LEASED W IRE SERVICE)
50gb
RECEIVED A T W ASHINGTON, D. C.
^ t l o u i s 959am Feb 7
Noell
Washn
Citizens bank Gerald Mo jpecial holiday extended from february 2
to March 4
http://fraser.stlouisfed.org/im
Federal Reserve Bank of St. Louis
Stewart
1037anr
8-H901
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority U A J h ?f sa 3 . L
TELEGRAM
FEDERAL RESERVE SYSTEM
Lhl&3
(LEASED W IRE SERVICE)
RECEIVED A T W ASHINGTON, D. C.
303gy
Jfeouia 408p Feb 7
Board
Waehingtoa
National Baafc of Shawnaatown Illinois suspended February 4 under
special holiday for thirty days declared by Mayor
Stewart
603pm
#■
)
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority U A Jh
TELEGRAM
FEDERAL RESERVE SYSTEM
(LEASED W IR E SERVICE)
16 6 g b
RECEIVED AT W ASHINGTON, D. C.
Stlouis 1229p Feb 3
Noell
S$
'
Washn
*
Farmers and merchants^bank stclair mo special holiday february
1 to february 21
a. a. soruxHam
ntam m otnn: i«m
Stewart
134p
s-iun
Reproduced from the Unclassified / Declassified Holdings of the National Archives
d e c l a s s i f i e d "^
Authority U A J h
mmmwmmw
wmm
«M k
a
m if
TELEGRAM
REC’O. JAN 31 1933
FEDERAL RESERVE SYSTEM
(LEASED W IR E SERVICE)
> RECEIVED A T W ASHINGTON, D. C.
220gmr
^
Saint Louis 137p Jan 31
v,
No^ll
Washington^
X
Bank of Rogersville, Mo. , special holiday January 25 to February 24
Stewart
:
353p
^
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority U A l h
TELEGRAM
<2. L
. ,/<.
----------
'470,3(1/
FEDERAL RESERVE SYSTEM
(LEASED W IRE SERVICE)
78 gb
RECEIVED AT W ASHINGTON, D. C.
Stlouis 949am Jan 27
Noell
■^r
Washn
y
American first national bank Mtcarmel ills
to february 5
Stewart
1113am
o b. M T n i n n n p K o m K « m u t t im s
3—>11901
special holiday jan 26
Reproduced from the Unclassified / Declassified Holdings of the National Archives
I
DECLASSIFIEDAut}lority M A l h j 6 0 ^ ^
r '
t x l x a R AM
St. Louis
Jan. 26
Smead
,<
Washn
Referring your telegrak January 25 bank of St. Thomas not closed
....
■- —
under special holiday our wire January 10 correct.
■
Farmers and
/
/
Merchants bank and Hew Cambria State bank, Hew Cambriat Mo.t
~
now in hands of state banking commissioner after previously closing
under special holiday.
Stewart
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED *
Authority
TELEGRAM
FEDERAL RESERVE
BOARD
LEASED W IRE SER V IC E
W ASH INGTO N
p v
fm m m m *
2— 94*4
t o m r n m 10 ■«»*
s?
mto$. W m k «m§ w * c**r i a
Wm ttwfcyU, Hi** n* «m ai' M
{few InmAni «&•«•& on
f l W i g y f mt6«f ipmt&l t o l W * y 4 « I » r M by flAvil
«at «h*t •* S m m m t
«sik»nUM«
tiwjr w »
M m
< m * i ? s u u frw frf*c
^
ftaat
/*
^ 4 - 3 i
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED *
Authority U A l h
2L
TELEGRAM
FEDERAL RESERVE SYSTEM
M ^
' ( V
(LEASED W IR E SERVICE)
RECEIVED AT W ASHINGTON, D. C.
339gu
Stlouis 409p jan 23
Noell
Washington
^
Nokomis National Bank Nolcomis'llls special holiday Declared bj
Mayor January 21 to February 20
wStewart
55 lp
o. s. eovBRNMCNTntiwrnram m mm
j
Reproduced from the Unclassified / Declassified Holdings of the National Archives
DECLASSIFIED
Authority U A Jh
FBDSBAL RESERVB BANK OF ST, LOUIS
January 21, 1933
Messrs. Martin
Attebery
MeConkey
HBlill
Gilmore
1iollocher
Phillip#
Clark.
Bob
*
Moore
Glasgow
Bailay
Ifcssrs* Wood
Noty
Bailay
Geiger
Kroner
Peterson
Maguire
Papin
Parry
Chief National Bank Sxaniner
Arkansaa, Illlnoia , Indiana., Kentucky,
Mississippi, Missouri, and Texmeasee
Backing Departments*
In hia latter of January 19, 1933, B-869, Mr# E. L. Smead,
Chiaf Division of Bask Operation*, Federal Reserve Board, requests tha
Federal Reserve Agent to furnish tha Board, * monthly report giving
suoh information as may be available with ragard to banka whioh, with
out aotually closing, obtained depositors9 «iiT«r agreementa, or which,
with or without signed agreementa of depositors, raatriotad demnd de*
posit withdrawals in any way or time deposit withdrawals bayond tha
terms of their by-laws*
Mr* Smead h&a also aakad tha Agant to telegraph the Board in
ragard to banka which close under apeeial holiday declared by oivil
authorities and which rsamia closed only during auoh holiday or part
thereof, together with the date* of beginning and ending of such holi
day, although such oases are not regarded as suspensions*
It will be appreciated if you will kindly furnish us such in
formation in regard to the above as may ocaae to your attention, beginning
January 1, 1955*
Aasto Federal Reserve Agent®
Reproduced from the Unclassified I Declassified Holdings of the National Archives
Authority
»
yso
j~£
/ ^ ^ 4l <>
c?o
•^■ c?o
V
Q•. 3-*Yx /
sift/
7, V
f
2/>5^
^,
_.
3
■
—
^6
<«✓
L>&
X4r
<J-°?^s
*-h /
^ r /
77L /
y
J 6^ y
^cjLsjz^f
r/.-^ ^^cILaaJ^
y
// > l/"
3 if'■j-v”
’^
/ &&
do .
yS^t^l
(C^oMhu^ 0 Jjb£b^
O-if
af o
3- ^ /
3f*>
5
/
.—n A. •
/
r“
«?
V
-------------------
■it4r* fcr~
,v£ o f \/ 1
—-
o~y4
2-i/f
y
< e .
<5
1°\ 4
>1
j
2J____ ------- 4- ^
—v
—
-
2<?^3
.
/
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED *
Authority U A l h ?<5Q
TELEGRAM
FEDERAL RESERVE SYSTEM
(LEASED W IR E SERVICE)
xm gb
REC D'
JAN 21 1933
1 o, 3 6.
?9gb
Noe 11
To ^
Bank of Ozark Mo closed January SO by Mayor under 30 day moratorium
Stewart
111 3am
O. B. ttOVBBNMKNT MUNTMO M f W li 10M
4-1 1 8 0 1
J
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED *
Authority j j A ljs ? 6 C<2 L_
EC’°'
JAN 19 1933
FEDERAL RESERVE SYSTEM
124gb
(LEASED WIRE SERVICE)
Stlouis XS03p Jan 19
i /
-7 A
' '
RECEIVED A T WASHINGTON, D. C.
H o e ll
Washri
peoples bank bon&l'terre Mo closed January 18 mayor declared
banking holiday thirty days
;■#
Stewart
108p
Dist. No.
Class_
■
a
Date _.
Capital .
Deposits
*
Popula’ n.
County
•-tarn
Reproduced from the Unclassified I Declassified Holdings of the National Archives
!
DECLASSIFIED *
Authority
EXTRACT FBDM I3TT3R FROM JEO. S. 770CD, J.H. Agent AT ST. LOUIS TO
3UG3OT MUTER
fJ2-d
^
11 )
All but two or three of the thirty-eigjht members of the St. Louis
’Sr
County Bankers' Association have invoked the thirty days ’ notice of
withdrawals of $100 o*? less from savings accounts and sixty days1
notice of „wi thdr&wel of more than $100.
Seventeen of these banks have
adopted a resolution limiting withdrawals from checking accounts to
five per cent per month of the amount on deposit January 12, with free
withdrawal of all monies deposited after January 12.
Reproduced from the Unciassifed I Declassified Holdings of the National Archives
Authority
n.
y -y o .
T E L E Gr R A
Saint Louis
Jan. 10
Wasirn
__
_ toy directors ot Peoples Bank St. TJiomas Mo.
Moratorium declared
«--------- -------- ----- —
—
'
information regarding Bank of Nixa Mo.
Hot received.
Stewart
*
Reproduced from the Unclassified I Declassified Holdings of the National Archives
Authority
UAJh
•-
n.
70*
TEL EGRAM
January 9* 1933
'% r
Stewart - St. Louis'!"
Referring your telegrams of January 6 and 7 reporting closing
of Peoples lank, St. Thomas, Missouri, on 15-day moratorium, and
^ lank of lix a , Missouri, account of declaration of moratorium, please
wire whether the banks were closed under holiday declared by c iv il
authorities, also in future when bank closes under such a holiday
please so state in your telegraphic report as we do not now include
in our figures of suspensions banks closed as a result of and only
during holiday period declared by c iv i l authorities.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
CLASSIFIED
Authority U A J h f a Q 3 .L
f I L 2 & 1 A M
Saint Louis
Jan. 7
Hoell
Washington
Hamiltom State Bank, St, Louis, Mo>t closed January six
Bank of Hixa, Missouri, (Moratorium declared)*
Stewart
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority U A Jh
L f l
TII188AM
St* Louis
Jan* 6
Wo«ll
Peoples bank St* Thomas, TTiseonari closed Jairoaay third on fifteen
day moratorium farmers and traders banic Iberia* Missouri closed
January fifth
iteuart
Reproduced from the Unclassified I Declassified Holdings of the National Archives
■
------
D ECLASSIFIED *
Authority t W h
TELEGRAM
FEDERAL RESERVE SYSTEM
<-f- / U . - 0
(LEASED W IRE SERVICE)
RECEIVED AT W ASHINGTON, D. C.
Stlouis JariH 5 1112am
N o e ll
**
Washington
Montrose savings bank montreyfee mo reopened
0. S. OOVEttNMlNT F*rK*MH« t » n — . 1M|
Stewart
12'23p
U
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED •
Authority U A Jh
TELEGRAM
FEDERAL RESERVE SYSTEM
(LEASED W IRE SERVICE)
30?gb
.
¥
7 0 ,5 ( i f
RECEIVED AT W ASHINGTON, D. C.
Stlouis 252p Jan 4
Noellig^
Washn
Citizens bank Gerald Missouri closed January 3 1933 mayor declared
thirty day moratorium
Stewart
40 2p
1
» i. wTinnw wwnwiiw i m»
MlMt
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED •
Authority
TELEGRAM
FEDERAL RESERVE SYSTEM
^j
(LEASED W IRE SERVICE)
306 gb
RECEIVED AT W ASHINGTON, D. C.
Stlouis Jan 4 25 5p
Noell^
Washington
Farmers state bank Ptf!?llipsburg Missouri closed under banking
holiday.
Stewart
410p
* ••Hfumn naMM
*—11901
/
,
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED *
Authority U A J h
2L
TELEGRAM
FEDERAL RESERVE SYSTEM
H
'u ■
(LEASED W IR E SERVICE)
RECEIVED AT W ASHINGTON, D. C.
301
Stlouis 252p Jan 4
Noell
#
Washn ,
Citizens bank bank of WaTtfut Grove Walnut Grove Missouri closed
temporarily village board,declared bank holiday
Stewart
4p
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority j / A J h
Fe d e r a l R e s e r v e B a
L
n k
OF
S t .L
ouis
Dec. 22, 1932.
■ -V*
f
.
■for. S. L. Smead,
\
Chief,Div. of Bank Operations, ^
Federal Reserve .Board*
y
Washington, D.C.
f
'-8©ar Mr. Smeads^__
Referring to your telegram of
November 3 regarding banks closed under a
so-called moratorium, I enclose herewith ad
ditional memoranda in connection with the fol
lowing banks:
Peoples National Bank,
Montrose Savings Bank,
Bank of Seymour,
Peoples National Bank,
Farmers Bank,
Farmers & Merchants Bk,
Seymour, Mo.
Montrose, Mo.
Seymour, Mo.
*
*
Roscoe, Mo»
Humansville#Mo.
Will you kindly advise if you
wish me to continue sending this information
in the future?
Yours very truly,
Ass*t
Federal Reserve
Agent,
Reproduced from the Unclassified / Declassified Holdings of the National Archives
DECLASSIFIED •
Authority U A J h ? * n . 3 L
December 16, 1932*
'%r
-1#
Memorandum to Mr.'*, C» M* Stewart,
We have received from the Assistant Cashier
of the Farmers Bank, Roscoe, Missouri, a letter inform
ing us that the bank closed December 14, 1932 under a
banking holiday, declared by its directors, ^he letter
did not state the purpose of the moratorium or its pro
posed duration.
<•
.
We shall continue to forward all checks we may
receive drawn on the bank direct to it and have requested
that in the event it does not intend to remit for them in
the usual manner, it return the cash letters with reason
sticker attached to each check, setting forth the details
of the moratorium.
Yours very truly.
(Signed)
F. N. Hall
Controller
y
Reproduced from the Unclassified I Declassified Holdings of the National Archives
•
D ECLASSIFIED *
-
| Authority
UAJh
a t,
December 14, 1932.
Memo ran dum^to Mr* C.
M.
Stewart,
Supplementing my previous memorandum* we have
received information indioating that the Bank of Seymour,
Seymour, Missouri closed December 12 under a moratorium
of indefinite dtrfation.
As in the case of the Peoples National Bank, Sey
mour, we have not been informed as to who declared the
moratorium or why it was declared*
Inasmuch as the Bank of Seymour was removed from
our mailing list December 8 due to unsatisfactory receipt
of remittances, all checks w© hsve been receiving drawn on
that bank have been returned for the reason "Please remove
from Par List*.
Yours very truly,
(Signed)
F. H. Hall*
Controller
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED •
Authority
,|Sr-
Deoember 14, 1932.
Memorandum to M^. C. M. Stewart,
Supplementing my previous memorandums,
I wish to report that the Peoples National Bank,
Seymour, Missouri returned our oash letter of
December 10 totaling $90.39 with the following
notation: "Bank has suspended operktiorv under
holiday proclamation.”
Up to this time we have not reoeived any
information as to why the moratorium was declared,
who declared iifc or its proposed duration.
We are continuing to forward all checks
we may receive drawn on the bank direct to it and
have requested that in the event it does not intend
to remit for them in the usual manner it return the
cash letters with a stioker attached to each check
setting forth the reason for nonpayment.
Yours very truly,
(Signed)
F. N. Hall.
Controller
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED •
Authority U A J h
2L
U
Deoember 13*1932.
Memorandum to Mr.. C*
Stewart,
Supplementing my previous memorandums re
garding banks closed under moratorium, I wish to
report that the Farmers and Merchants Bank, Humansville Missouri, closed November 7 under a moratorium
declared by the Board of Aldermen at Humansville,
Missouri, and assented to by the Board of Directors
of the bank.
The moratorium w as declared *Owing to the
present economical condition of the country and our
municipality**.
Due to the fact that the name of the Farmers
and Merchants Bank, Humansville, was removed from the
Federal Reserve Par List on November 4 on account of
unsatisfactory receipt of remittances all checks we
have received drawn on the bank have been returned to
our endorsers for the reason "Please remove from Par
List."
Yours very truly.
(Signed)
F. N. Hall
Controller
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority U A Jh
H 10
*%r
December 9, 1932*
, Memorandum to Mr. C* M. Stewart,
Supplementing my previous memorandums regarding
banks closed under moratorium, we are now informed that
the Montrose Savings Bank, Montrose, Missouri was closed
December 8th# under moratorium of indefinite duration
declared both by its Board of Directors ayid the town
offioials for the purpose of the reorganization of the
bank.
We are forwarding all checks we receive drawn on
the bank direct to it and the President has agreed to
return the chocks with stickers attached, setting forth
the reason for nonpayment*
Yours very truly.
(Signed)
p. H. Hall
Controller
Reproduced from the Unclassified I Declassified Holdings of the National Archives
, --------------- ------— --------- — _
I
D ECLASSIFIED *
Authority U A J h
93eb
Stlouis
1033am Dec 9
Noell
flfcphn
Montrose savings "bank moj^brose mo closed deceraber S -under indefinite
duration moratorium decided by board of directors and town officials
Stewart
1 15 1 am
Original file d with daily bank suspension li s t of Dec. 9th. Not included
in ^suspensions, becaiose Mr. Smead said it was not a suspension.
eproduced from the Unclassified / Declassified Holdings of the National Archives
d eclassi
Authority
>
Fe d e r a l R e
serve
Ba
n k
OF
S
t
. L
o u i s
November 29, 1932.
Mr. E. L. Sinead, Chief,
Division of Bank Operations,
Federal Reserve Board,
Washington, D. C.
Dear Mr* Smeadt
Referring again to your telegram of
November 3 and my reply of November 12, here
with I send you another memorandum from our
Controller Hall containing a list of addi
tional banks in this district that have gone
on a so-called moratorium basis.
Yours very truly,
A.S 5 t .
reu erai
n esB rve
A g e iiu #
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED •
Authority
U A Jh
-COFT-
November 28, 1932<
Memorandum to Mr• C. M. Stewart
■^please refer to my memorandum of November 4 with regard to the banks
in this territory •which have at some time or other been closed under
moratorium.
^
Since that date two other banks in this district have closed in a
similar manner, the details of which are as follows.
^
We were informed by the Cashier of the.Pilot Grove Bank, Pilot Grove,
Missouri, that the Citizens Bank, Pilot Grove, Missouri, closed Novem
ber 8 under a twenty day moratorium declared by its directors. The
Cashier of the Pilot Grove Bank did not know the reason for the clos
ing.
We are continuing to send checks on the Citizens Bank of Pilot Grove
to the Pilot Grove Bank as has been the custom for the past few years
and the Pilot Grove Bank returns the checks with a sticker attached
indicating the reason for non-payment#
t
On November 15 the Bank of Meta, Meta, Missouri closed under a twenty
day moratorium declared by its directors, in order that some plan might
be worked out between the bank and its depositors whereby all depositor
would have the pro-rata protection of all the assets of the bank. All
checks we may receive drawn on the Bank of Meta, Missouri will be for
warded direct to that bank and the Cashier has agreed to return the
checks with stickers attached setting forth the reason for nonpayment.
Our cash letter of November 23 to the Brinkerhoff-Faris Trust & Savings
Company, Clinton, Missouri, has been returned to us intact by that bank
with information that, beginning November 25, it would be closed under
a thirty day moratorium.
(Signed)
F# N. Hall#
Controller#
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED *
Authority U A J h
TELEGRAM
R E C ’D.
FEDERAL RESERVE SYSTEM
M
y
2 6
jg 3 2
H- io. a (V
(LEASED W IR E SERVICE)
RECEIVED AT W ASHINGTON, D. C.
158gb
St’
louis Nov 26 1150am
Noell
*-&
Washn
F
^
Brinkerhoff-faris trust and savings co Clinton mo closed november 25
for 50 day moratorium
8 . a M t n i m m y tn r m w wrvsea: i n t
Stewart
1256p
Dist. No...........---------------
0.1. - . I L . ' J L S - Z Z Capital Deposits
f^pw'a’n.
County
ntoi
M
Reproduced from the Unclassified / Declassified Holdings of the National Archives
DECLASSIFIED *
Authority
Fe d e r a l R e
serve
Ba
n k
OF
S t. L o u i s
November 12, 1S32.
Mr. E. L. Smesd, Chief,
Division of Benk Operations,
Federal Reserve Boferd,
Washington, D. C.
Dear Mr. Sineads
Referring to yoiir^~t^le.grain.of November 3,
herewith I send you memorandum from our Controller
Hall dated November 4, which will give you such in
formation es we have in regard to the banks in this
district that are now or have been at any time this
year on a so-called moratorium basis.
The memorandum also states the conditions
under which the Federal Reserve Benk of St. Louis
continued to handle items on such banks.
We wrote to our three branch managers, and
they have advised us that no banks in their terri
tories have been on a moratorium basis this year.
In case additional information is desired,
we shall be pleased to endeavor to obtain it for you*
Yours very truly,
P. S. I essume that you have seen the article in the
United States Daily of November 8 in regard to bank
moratoria*
Reproduced from the Unclassified I Declassified Holdings of the National Archives
________
1
'
DECLASSIFIED
Authority j/A /b
November 4, 1932
Memorandum to Mr. Stewarto
In accordance with your request I am submitting below a list of all banks in
this district which have at s o m e time or other been closed under moratorium,
together with all the information in the files relative to each case*
The central Missouri Trust Company, Cole County Bank, Exchange Nat
ional Bank, and the First National Bank, Jefferson City, Missouri,
under proclamation by the mayor of Jefferson City, stopped paying
and receiving deposits February 15, 1932# We were not informed as
to the purpose of the moratorium# A H the banks with the exception
of the First National Bank, Jefferson City, resumed operations
February 23, 1932, and the assets and liabilities of the First
National Bank were as-cPumed by the Exchange National Bank on that date*
The Farmers & Merchants Bank, Hermann Savings Bank, and the peoples
Bank, Hermann, Missouri, under proclamation by the mayor of Hermann,
stopped receiving and paying deposits from July 22 to August 22,
1932# The purpose of the moratorium was to secure from the deposits / ors a surrender of a portion of the deposits, and when the banks
resumed operation we understand the depositors waived 30% of deposits
and agreed to restrict withdrawals to 5% a month#
The First Bank & Trust Company, Macon, Missouri, stopped paying and
receiving deposits for the period August 19 to October 11, 1932*
Our files do not indicate how the moratorium was declared, however,
^it was for the purpose of readjusting the capital structure* The
bank resumed operations at the expiration of the moratorium but the
conditions of resumption are unknown to us*
By proclamation of the mayor of Wentzvilie the ’YentzviUe Bank,
Yfentzville, Missouri* stopped paying and receiving deposits for the
period September 6, 1932, to October 7, 1932# The moratorium was
i/ declared for the purpose of arriving at some agreement with dapositors, however, the conditions under which the bank resumed
operations at the expiration of the moratorium are unknown to us#
The Bank of St, Peters, St. Peters, Missouri, and the Bank of St.
Paul, St, Paul, Missouri, stopped paying and receiving deposits for
/fche period September 19, 1932, to October 11, 1932# We were not in
formed as to how or why the moratorium was declared, or the con
ditions under which the banks resumed operations at the expiration
of the moratorium#
The Bank of O’Fallon, 0*Falldn, Missouri, stopped paying and re^ ceiving deposits for the period September 19, 1932, to October 11,
v
Reproduced from the Unclassified / Declassified Holdings of the National Archives
_
'
r
;
'*• ’
#2
D E C L A S S IF IE D ^
, Authority J Z M U ^ - O ^ A
__________
November 4, 1932
Memorandum to Mr. Stewart*
1932* We were not informed as to how the moratorium was declared
but it was declared for the purpose of obtaining depositors agree
ment to limit withdrawals* The conditions under which the bank re
sumed operations are unknown to us*
\ ^
.
The Farmers Bank, Treloar, Missouri, and the Marthasville Bank*
Marthasville, Missouri, stopped
and receiving deposits for
^^/the period September 27, 1932, to October 19, 1932* We were not
informed as to how the moratorium was declared, the purpose, or
the conditions ^der which the banks resumed operations*
The Bank of Eldorado Springs, Sldorado Springs, Missouri, stopped
paying and receiving deposits October 20, 1932, under a moratorium
declared by the City Council, for the purpose of reorganization of
^the bank* Up to this time the bank has not resumed operations,and
we have no information as to when it intends to do so*
" In all of the above cases it was our practice to send all checks we received
drawn on those banks to the banks in the usual manner. Arrangements were
completed whereby on receipt of our cash letters the banks would attach to
each check a reason sticker explaining the bank was temporarily closed under
a moratorium or proclamation, after which the cash letters were returned to
us in the order received and the checks returned to our endorsers*
lows very truly
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED *
Authority J j A J h
REC’D.
TELEGRAM
OCT
24 1932
FEDERAL RESERVE SYSTEM
u
(LEASED W IR E SERVICE)
yv.
RECEIVED AT WASHINGTON, D. C.
229gb
Stlouis Oct 24 240p
Noell w
Washn
Bank of eldorado springs eldorado springs missouri closed for
reorganization under moratorium declared by city council
Stewart
35 Op
Ci'
j t f iJ
GAaaJI
Dist. N o .___ .......................
Class........../k f/E * 'w . . .
Date .
Capita!..........
^
Deposits . . .
/
3 .0 . S ...
t //2
Popula’ n___ /»
County
■J?
0 k.Mfor
vaxuD
it nonna errtoi* mu
Digitized
FRASER
tr"-
3— 11901
/
Reproduced from the Unclassified I Declassified Holdings of the National Archives
declassified
*
Authority
Q r'r"
ft
O' U
\i
F. R* Board
Form St. 6386c
Nov. 1929.
t
ORGANIZATIONS, LIQUIDATIONS, CONVERSIONS,
AND OTHER CHANGES IN STATUS OF MEKBER AND NONMEMBER BANKS
21 1932
/
(Except bank suspensions, consolidations, mergers or absorptions; •
affiliations with banking 6h4ins or groups; and establishment or
discontinuance of branches)
Effective date of change
J~/
. Federal Ho serve District___ £
Member or
_________ ___________ nonmembor
nonmemb or
Name and location of
bank after change
^
Capital *
Surplus
and profits $
■:-S
Loans and
investments t
Condition figures aro as o f _____________ ___ ___ __ __________ _______ ______
Is fhe above chango in status final or merely preliminary to a further change,
and if preliminary, what further change is contemplated? _______,
_____
In the case of conversions and successions, were financial difficulties
responsible to any extent for the change in status?_________
_____ .
Remarks:
(In the case of suspended banks reopened for business, give the chango in
capital aeoount, the assessment paid by stockholders, etc#)
n A
/ Jf
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED *
Authority U A J h
F. R, Board
Form St. 6386c
Nov. 1929.
i
OHG-ANIZATIONS, LIQUIDATIONS, CONVERSIONS,
^
AND OTHER CHANGES IN STATUS OF MEMBER AND NONMEMBER BANES
(Except bank suspensions, consolidations, mergers or absorptions;
affiliations with banking chaiins or groups; and establishment or
discontinuance of branches)
7- > ^ " 3
Effective date of change
Federal Reserve Distri.ct
$ __
Character of change
Name <2nd location of bank^6fore c
h
a
n
g
.
o
Member or
/CML nonmember
Name and location of
^
er or
bank after c h a n g e _________________ ____________ nonmembor
Capital $ __ _________
Surplus
and profits $
___
Loans and
investments $_
Condition figures are as of
Is fhe above change in status final or merely preliminary to a further change,
and if preliminary, what further change is contemplated? _______________
In the case of conversions and successions, were financial difficulties
responsible to any extent for the change in status?_______________
Remarks:
(In the case of suspended banks reopened for business, give the change in
capital account, the assessment paid by stockholders, etc,)
Reproduced from the Unclassified I Declassified Holdings of the National Archives
,
. ----__ _ ------------------------------------
D ECLASSIFIED •
^
F* R* Board
Form St. 6386c
Nov. 1929. ■
Authority U A J h
-
ORGANIZATIONS, LIQUIDATIONS, COHESIONS,
Z~
AND OTHER CHANGES IN STATUS OF IIET3ER AND NONMEMBER BANKS
(Except bank suspensions, consolidations, mergers or absorptions;
affiliations with banking chains or groups; and establishment or
discontinuance of branches)
Effective date of change _?" >
<S
Federal Reserve District
Character of change
Name aifar location of
bank before change
„
Member or
r?L/( ^^^^.^^t^^nonraembor
4
'
'
~ 7 7 t~ v
Name and location of
Member or
bank after c h a n g e __________ _______ ____________ nonmemb o r __________
Capital $
Surplus^
•________ and profits $
_____
Loans and
investments $
Condition figures are as of
Is the above change in status final or merely preliminary to a further change,
and if preliminary, what further change is contemplated? ________________
In the case of conversions and successions, were financial difficulties
responsible to any extent for the change in status?________
_____
Remarks:
(In the case of suspended banks reopened for business, give the change in
capital aeoount, the assessment paid by stockholders, etc*}
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority i / A J h
Fe d e r a l R e
serve
Ba
n k
OF
Li
St. L o u i s
September 3, 1932*
Mr* £• L* Smead, Chief,
Division of Bank: Operations,
Federal JReserve Board,
Washington, D • C*
Dear Mr* Smead:
Referring to your letter of August 27, regarding the
closing of four banks in Jefferson City, Missouri, during week of
February 15 to 23 and the reopening of all banks except the First
National Bank, a newspaper clipping dated February 23 states:,
MThe Banking Moratorium which began February 13 and ended today,
was proclaimed by Mayor Henry Asel to enable the Exchange National
Bank to absorb the First National*”
From the above quotation, it is apparent that the clos
ing of the four banks, was the result of a legally declared holiday
and I am accordingly removing these banks from the list of suspend
ed banks.
Yours very truly,
^''Federal Reserve Agent*
Reproduced from the Unclassified / Declassified Holdings of the National Archives
DECLASSIFIED •
Authority
I
H id .
August 27 . 1932
*£mr. Jno. S. *ood.
Federal Beserv* Agent»
Federal Heserve Bank o f St. Louis,
S t. touis, MissotM.
Dear Mr. food:
Under date of Mareh lU , 1932. you transait ted to tha Board
report* on fora St. 63S6-b covering the suspension on February 15
of the Central Missouri Trust Coapany, the Cole County Bank, the
fxchange Bational Bank and the f ir s t national Bank, a ll o f J e ffe r
son City, Missouri,
from the reports it appeared that *t*y agreement
made hy business ®en and brokers o f Jeffersoh City, the four beaks
were to r«aaln closed during the week o f February 15 to 23 in order
to e ffe c t a consolidation o f the Sxdiange Bational Bank and First
national Bank; remaining banks reopened on February 23.*
We accordingly added these banks to our records o f bank suspen
sions and* in the case o f a l l but the F irst national Bank, also to
our records of banks reopened,
fe have recently been given to
understand, however, that the basks (the only ones In the c ity )
closed as a result o f the declaration o f a special holiday by the
aayor.
Where a i l banks in a given city close as the result o f a
Reproduced from the Unclassified / Declassified Holdings of the National Archives
Mr. Jno. S. food - #2
legally declared holiday it hat not been our practice to treat then
as bank suspensions.
I f , however, a given bank fa ile d to reopen at
expiration o f the holiday, sudb bank would be treated as suspended,
on the f ir s t business day following the holiday, unless In the meantine it was absor
another b&nk,
I f you find that the week of Tebruary 15 to 23 was a le g a l h o li
day in Jefferson City we ehkll revise our records accordingly.
Very truly yours,
3. L. Smead, Chief,
Division o f Bank Operations .
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED Authority U A J h
^ R* Board
^ .iiit
6386b
Hdveinber 1929
4/ 1 0 , ^
0
B A M SUSPENSIONS
— 3
Date of suspension
=2— '
:
f
Federal Reserve District
<3
Member, or
nonmember
Name and 1option
of bank.
.
Cap!tal^f / 'S~0 74+
Loans and
investments &
~
_Gro/s deposits
Borrowings from Federal Rsirerve Bank
b
-s- S
!'.._____ From other banks $
ZJl
Condition figures are an of.
*
P $ L < ^ -r-
ZJ
/
C1osinr; directed by...
Causes of sttspension: Check in the appropriate column thor, o of the following
which apply, either as primary or contributing causes, amplifying the
iif&icated causes with such supplementary data as may be available.
Primary
cause
fuT or worthless parer
banking correspond ent
failed ’correspondent)
other large debtor
failed debtor and connection
i'Ir. if’ iinvl
4# Defalcation
rawals
.........
*JL. ..
i
/
s (specify),......_ ________ ____ ,....
/"vi"
<3-
/0/C
*
(
'
JContributing
1
cause
Reproduced from the Unclassified I Declassified Holdings of the National Archives
i—
i '■■■in........ .
j
|
.
. [|
_____
D ECLASSIFIED
Authority i/A/h
'n' Ri Board
i'm Gi*6386b
Noveiaber 1929
H l O ,
Federal Reserve District
Date of suspension
Member or
member
Name and location
of bank
Capita!tog4 .s,
M
BANK S'iSPEFSiOHS
Loans and
investment:
_Gross deposits I .
<
C~
~
Borrovri.ngs from Federal Reserve Bank & *— ~ __ Frotn other banks $
3 > JZ
Condition figures are as ofZ^t
Closing: directed
bv
o
^
-------- -— ------------------------------------------ ------------------------------- -—~ — ---------—
— ----------—— — ----------- y
Causes of suspension: Check in the appropriate column those of the. following
which apply, either as primary or contributing causes, amplifying the
indicated causes with such supplementary data as may be available.
Fr imary
cause
Contributing
Cause
1* Slow* Doubtful or worthless paper.
2. Failure of banking correspondent
(Ham© cf failed correspondent)^
3. Failure of other large debtor
(Kame of failed debtor and connection
with bark, if any)______ __________
4. Defalcation.
5, Heavy withdrawals.
-Afr-
6# Other causes (specify)
PXS:
iu
j r,o
•* , ~ » ’ t
R E O Q F D _OH_0‘. > ^ " r
—KjBank otnaages-gen’l_.___
■V'E'- -v
one_____
j>n ?>i:j
cLi./?
.....
■■.id.m e m bks,--1. o<
'iif'& ois__
.-.m
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED *
Authority * M /h
Rt Board
6386b
November 1929
Q .L
i
i J
B A M SUSPENSIONS
-3
Da-te of suspension
Federal Reserve District
<P
Member or
Name and 1option
of bank
•ixxamember
Loans and
Cap itath: | ) 0 d fch-____inve stment
h b <5kT
Borrowings from Federal Reserve Bank t
Condition figures are as or.__ ■
Grosy deposits $ /
^>-<-From. other banks
&/ / ?>/
-e?
Closing directed by.
Causes of suspension: Check in^fho appropriate, column thor. 3 of the following
which apply, either as primary or contributing causes, amplifying the
indicated causes with such supplementary data as may be available.
Contributing
cause
Fr imary
cause
1* Slow, Doubtful or worthless parer.
2. Fail-ure of banking correspondent
(Name cf failed correspondent)
3. Failure of other large
o debtor
(Name of failed debtor and connection
with hns'lr, if rmy'l
4. Defalcation
5. Heavv withdrawal s
.... .
.....
6. Other causes (specify'
RKS:
...
«
t± .
^
.
|
.
i
E o BE ENTFiiD O H THB
iBEOOBDB OH ^ g g P B g L g W
. _ ^ T B a n k c h a n g e s -g e n ’l
'E^r.'k ^tLSP^np’OUB.... -—
f. rfx.ysCi
1
--- -
__
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED *
Authority ilM /h
Q .L
A
R* Board
,•'m
m Ctf638£
6386b
1090
November 1929
P
Date oi‘ suspension
*410 -i ( V
RiATTT SUSPENSIONS
<;TlF.PT?.t,TSVm>TQ
BANK
<=?- " (
V ___
Federal Reserve District
n
Name and location
of bank
'
/>
^/
$
Member or
c2_^w ^/^%enmemb er________________
7/ T v
'
/
Loans and
Capital & £Lo-* l&z___ investments A____2>■
3 b C ~7^h _Gross deposits I 3-.(o/.~y
^orrowil^s from Federal Reserve Bank f:
Condition figures are an $Jt
om other banks &
.
_
/— V - a?
Closing directed by
Causes of suspension: Check in ..the appropriate column thoc d of th& following
which apply,, either &s jprim&ry^or contributing causes, amplifying the
indicated causes with such supplementary data as may be available*
Primary
cause
Contributing
cause .
1- Slow, Doubtful or worthless parser
2. Failure of banking correspondent
(llamo cf failed correspondent)
*
3. Failure of other large debtor
(Name of failed debtor and connection
wi -hh bnj'k, if nny)
4« Defalcation
5. Heavy withdrawal s
6. Other causes (specify1
!
--------------- -—
j____ —
PKS:
p *j !f3 IHTITT^.r’T)
THE
Entered
CG'r OH ^ T ^ T ^ E L O W
hV
■ ^ v
-• .-.-a•.•-gon’i ....
! ./* x
•‘
o«;p-.nu?*onb_______
5
jl *wacr a.-nkiii<| ______ '
i ^ GlOUp ‘&&£a£u<
..._____
.
.••op, ciom bks____
M. 1 do.. 6>.-cv’e jiB.___
-— ..........
Reproduced from the Unclassified I Declassified Holdings of the National Archives
d e c l a ssif ie d
*
Authority
F R.Board
•m St^6386a
O'o-t1931
B A M CONSOLIDATIONS
(include absorptions, mergers^ etc,)
effective date of consolidation rf-y 3 / 3 y^Pe deral Reserve District
Member
or
Nonmember
Name^nd location of bank-3
1 _ „ ,
4#
Capital
r ...........
f
Surplus
and
Profits
\J
/
Loans
and
Investments
Thousands of dollars)
(a) Banks entering into consolidation:
> ^ c £
6 <1
<W(
A *-
'(b) New or consolidated bank:
(
^
,
J
(
3
<
,•-—
—
■ ... I"11 '.'!'■■■........ .
j
£
j
7T1^
''
)0O-Hr
■ .-rri'Wrac .Tg^^'iwi
_
;w»rt«»nrm
.amBg'jailai
Is the consolidated institution a newly chartered bank?
If not, give the
< name of bank (before consolidation) under whose charter the consolidated institu
tion is to operate:
Give names of banks, if any, that were in financial difficulties at time of con
solidation:
^
2/ C
Disposition made of the head office or each bank entering into the consolidation:
^
-X _ -^
Did any of the banks entering the consolidation have branches?.
Were any of the banks affiliated with banking groups or chains?
(Report details on Forms St. 6386d and St. 6386e)
Terms of consolidation, if known, etc.
<=2/^
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED *
Authority j /A J h
Form St* 6386c
Novt, 1929
l/ 7 6 ‘ 3
' ORGANIZATIONS, LIQUIDATIONS, CONVERSIONS,
AND OTHER- CHiiNCrES IN STATUS OF MEMBER AND NONMEMBER BANKS
(Except bank suspensions* consolidations* mergers or absorption#!
affiliations with banking chains or groups; and establishment or J
discontinuance of
10-10*52
Effective date of change
Character of change
ifir
Name and location of
bank before change
Name and location of
bank after change
Capital | 10,.000
Fa/eral Reserve "District
*
B«op«ning,
B»nk of Bt. Paul,
It. FamX, llo*
Bank ofSt. Paul.
Sts*.
Vo«
Surplus i:'f
and profits
4,800
Member or
Nonmember
Member or
Nonmember
Loans and
Investments $ 30,690
Condition figures are gs of Rend McNally# January* 1933>__________ ___
Is the above change in status final or merely preliminary to a further change,
and if preliminary, what further change is contemp 1ated?
______ _
In the case of conversions and successions, were financial difficulties
responsible to any extent for the change in status?_______
Remarks t
(in the case of suspended banks reopened for business, give the change in
capital account, the assessment paid by stockholders, etc*)
*
*V
jL,
* & +
Reproduced from the Unclassified / Declassified Holdings of the National Archives
-
j
r
d e c l a s s i f i e d '.
I Aul'iority
Meroh 1, 1932.
Mr, John S. Wood,
Federal Reaerre Agent,
S t. Louis, Missouri*
Dear S ir :
Ths Board I s In receipt o f information from
the Comptroller o f the Currency that the F ir s t National
Bank, Jefferson C ity, M issouri, No* 1809, contemplates
going into voluntary liq u id atio n , haring bean absorbed
by ths Exchange National Bank, Jefferson f l t y ,
No. 13148.
Very tru ly yours,
J. C. W E L L
Assistant Secretary,
------- -
1'
@FedFRASER