Box 2166, Folder 1: State Moratoria, Banking Holiday, FRBank … · 2018. 11. 6. · Heber Springs, Ark Farmers Bk* & Tr. Co., ft n Cleburne County Bk* it t* w Merchants Planters

Reproduced from the Unclassified I Declassified Holdings of the National Archives . . ' — .. .DECLASSIFIED •

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 reflect 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 agreements, without actually closing*

Yours very truly,

,^2^-^rFederal Reserve Agent*

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Reproduced from the Unclassified I Declassified Holdings of the National Archives

declassifiedAuthority

( B-868 ) F. R* DISTRICT 6

BANKS WHICH PITHING FEBRUARY, 1933, RESTRICTED DEPOSIT TflTHDRAWALS*Restricted Deposit Payment Basis.Bankers Trust Co*, Little Rock , Ark* Bank of Dover, Dover, Ark*

Peoples Trus-t^po*, i» ft tt Bank of Atkins, Atkins, *Union Trust Co*, w tt H Merchants & Far.Bk. it itW*B.Worthen Co .Bankers, « tt tt Citizens Nat*l 3k* Arkadelphia, .Ark.Bank of Commerce, North w ?JP f* Elk Horn Bk. & Tr.Co it•» itTwin City Bank tt » tt Merch. & PlantersSimons National Bank, Pine Bluff, Ark* Bank and Tr. Co., it nCotton Belt Bk. & Tr.Co n n• » Bk. of Prescott, Prescott, «rState National Bank, Texarkana, tt First State Bank, it i*First National Bank, Ashdown, n Citizens Bank & Tr.Co., Camden, itCommercial Loan & Tr.Co • Monticello tt* First Nat<1 Bk. it itUnion Bk.^& Tr. Co., *» tt Merch* k Planters Bk tt

9tt

Hamburg Bank, Hamburg, H Arkansas Nat»l Bk. Heber Springs, ArkFarmers Bk* & Tr. Co., ft n Cleburne County Bk* it t* wMerchants Planters Tr. First Nat*l Bk. Dardanelle, ttand Savings Bank, Warren, tt First State Bk* Morrilton, m

Warren Bank, t* tt Citizens Bank, Pottsvilie. itCitizens Bank, Tillar, tt Bank of England, England, mEudora 3ank, Eudora, ft Citizens Bank, tt ttFountain Hill Bank, Fountain Hill,Ark. Bk. of Griffithville , Gr i ffi thvilie n

9Bank of Crossett, Crossett, Ark* Bk. of Kensett, Kensett, ftMoGehee Bk. & Tr* Co., MoGehee, Ark. Bk* of Searcy, Searcy, ItBank of Wilmar, Wilmar, it Security Bk*, it ttBradley County Bank, Hermi tage. tt Peoples Bk., McRae, ftPeoples B»nk, Portland, n Bk. of Judsonia, Judsonia,Bank of Parkdale, Parkdale, it Belleville Bk* Belleville, ItArkansas National Bank, Hot Springs, * Bk. of Ola, Ola, ftArkansas Trust Co*, » f* tt Bk* of Plainview, PIainview. ffBank of Russellville, Russellville,1* Farmers Bk. tt ftPeoples Exchange Bk., tt Exchange Bk. & Tr.Co• El Dorado, tt

Withdrawals Restricted

Ohio Valley Banking and Trust Co., Henderson, Ky.

Restricted Deposits to b% per Month

Citizens National Bank, Bedford, Ind.Stone City Bank, n nFirst National Bank, Mitchell, n


Reproduced from the Unclassified / Declassified Holdings of the National Archives

DECLASSIFIED • '

Authority J M J _ h j < s o *2_£

\ Fe d e r a l R e s e r v e Ba n kO 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, 1933B-869, referring to banks whioh restricted deposit withdrawal® without actually closing, we have made every effort to accumulate 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 accurate information from only our records.

The January list as attached was compiled frominformation 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 restrictions* Some banks after posting the restrictions, only pressed their use for exceptionally large amounts of money. To our knowledge no bank in this district obtained depositors* waiver agreements, without actually closing.

We have nothing to report for 1932.Yours very truly,


Reproduced from the Unclassified I Declassified Holdings of the National Archives _____DECLASSIFIED *

Authority ( jA lh

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, 1935Time Deposits restricted to 60 daysnotice on amounts of over #100.00

Brentwood Bank, University City^ MoBank of Ferguson, Ferguson, tt

Citizens Bank, Florissant, «•North Side Bank, Jennings, tt

Kirkwood Bank, Kirkwood, tt

Kirkwood Trust Co., tt tt

Bk.ofMaplewood & Tr.Co. Maplewood, tt

Citizens Nat'l Bk. tt tt

Peoples State Bk. tt tt

Normandy State Bk. Normandy, «St.Bk-of Anglum, Robertson, t t .

St. Johns Community Bk. St.Johns Sta. tt

West End Bank, University City, tt

First National Bank, Webster Groves, tt

Old Orchard St.Bk. tt tt n

Lemay Ferry Bk, Luxemburg, tt

Water Tower Bk, St. Louis, tt

Chesterfield, Mo*Clayton,

tt

Farmers State Bk,Clayton Nat'l Bk,First Nat'l Bk,St, Louis Co. Bk. *Tr. Co. of St.Louis Co.w Crave Coeur F&r.Bk. Creve Coeur, Bank of Eureka,Far. k Merch. Bk*

Eureka,t*

Bk. of Manchester,Pine Lawn Bk, Meramec Valley Bk#

Fenton, Manchester, (closed 1-23-33)n: t wPine Lawn,Valley Park, n

Webster Groves Tr.Co.Webster Groves,1*First Nat *1 Bk, Wellston, *State Bk. & Tr.Co., n nWellston 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 Effective Jan. 29, 1933Customary 5% basis. Customary 1$ ¥asis •Coffeen Nat'l Bank, Coffeen, 111. Bradford Nat'l Bk. Greenville, 111.Fillmore Bk. Fillmore tt St.Bk. of Hoiles & Sons, * tt

Montgomery Co.Ln.&Tr.Co. Hillsboro, tt Bond Co. St. Bk* Pocahontas, tt

First Nat'l Bk, Litchfield, tt Sorento Nat'l Bk. Sorento, i»

Litchfield Bk.5sTr.Co. tt tt

Litchfield Nat'l Bk. tt Withdrawals RestrictedNokomis Nat'l Bk. Nokomis, tt

Ohlman State Bk. Ohlman, tt Island Deposit Bk, Island, Ky.First Nat'l Bk. Raymond, tt Bk. of Middleburg, Middleburg, «St.Bk. of Waggoner, Waggoner, tt Hardin Bk, Hardin, tt

Security Nat'l Bk. Witt, it First Nat'l Bk, Murray, tt

Bk. of Murray, tt •I

D«mand Deposit withdrawals restricted Bk. of Caneyville, Caneyville, tt

Peoples Bank, Biloxi, Miss. First Nat'l Bk, Huntingburg, Ind.

( s - s u )Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Reproduced from the Unclassified I Declassified Holdings of the National ArchivesDECLASSIFIED •

Authority iJAJh 2 L

bl2gta

TELEGRAMFEDERAL RESERVE SYSTEM

(LEASED WIRE SERVICE)

RECEIVED AT WASHINGTON, D. C.

StLouis Mar 4 1107amBoa^d, Washington ^farmers and Merchants bank Ethel Missouri special holiday

---M?March 3 to 9 inclusive.Stewart

1235pm

s. s. MTMkmcmr yanmNo tmoi: ms 2— 11901


Reproduced from the Unclassified I Declassified Holdings of the National ArchivesDECLASSIFIED *

Authority U A/h l b




BoardStLouis MO Mar. 4 1107a

WashingtonState Bank of Newtondon Missouri special holiday March 1 toM§xch 6

Stewart1240pm

S. a. MTRKKKKT tKOtTSM erne*', IMS 2— 11901 \/ *Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis


Authority UAJh ?<5 0<3 L



102gbStlouis Mar 4 925am r e c e iv e d a t W a sh in g to n , d . c .

Board s.

Bank of Stpaul mo previously wired you as under special holiday should have been suspended September 19 1932 reopened october 10. ^

Stewart 1125am

0. S. eOVEBNMKNT WHNTWe WVMIt IMS

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.

r H --------------


Reproduced from the Unclassified I Declassified Holdings of the National Archives ... . ,, ________DECLASSIFIED * '

- Authority U A J j\

TELEGRAM/FEDERAL RESERVE SYSTEM -/ ,


RECEIVED AT WASHINGTON, D. C.135bfaStLouis 1030a Mar 2

BoardTT,a s bn

/ /Bank of Rayiiiondville Mo special holiday February 24 to Mar£h 2 inclusive i:'s

Stewart1248p

*

D B. 60TUKUKNT PRIHTINO t m f l l l IMS


DECLASSIFIED •** - Authority U A J h

Reproduced from the Unclassified I Declassified Holdings of the National Archives r -

TELEGRAM FEDERAL RESERVE SYSTEM U "]0 . 3 ( f



136bfa^ S tL ou is 1045a Mar 2

Board

washn7 /New Mountain Grove Bank MountainGrove Mo special holiday

February 27 to March 5 inclusiveStewart.V

1248p

i /B. B. ftOVKUOCBNT PRINTINa •IT I0»: 1IM 2—11001


Reproduced from the Unclassified / Declassified Holdings of the National ArchivesDECLASSIFIED

Authority j j

TELEGRAMFEDERAL RESERVE SYSTEM "] 6, i (

(l e a s e d W ir e s e r v ic e )


84gb -Stlouis Mar 1 945am

Board‘•Ya shn

Farmers and Merchants Bank St^lair Mo Special Holiday extended from February SI to March S3 inclusive.

Stewart.1104am

v/ /

8-41001 s/Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Reproduced from the Unclassified I Declassified Holdings of the National ArchivesDECLASSIFIED ■

Authority UAJh Q ^ i

TELEGRAMi- j. ~}0, 3 ( #

FEDERAL RESERVE SYSTEM(LEASED WIRE SERVICE)

211gbRECEIVED AT WASHINGTON, D. C.Stlouis Feb 27 1227p

BoardW a s h ^ y

First National Bank Mounjîn Grove Mo reopened February 23 previously on Special Holiday January 9

Stewart154p

V. 8. OOTBRNMBNT PRINTING OFTICS; IMS a—11901\ J


Reproduced from the Unclassified I Declassified Holdings of the National ArchivesDECLASSIFIED

Authority t/A /fo

TELEGRAM FEDERAL RESERVE SYSTEM ^ ~ (


2 I S g b RECEIVED AT WASHINGTON, D. C.

StSfcuis Feb 27 1227p #- Board ^ *■’

Washn y

Peoples Bank Bonne Terre Missouri Special Holiday extended from Feb 17-.vi

to March 9 inclusiveStewart

W

U. 8. OCTSRVniSNT PRINTIHtt OFTIC*: 1W- 2—11001Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Reproduced from the Unclassified I Declassified Holdings of the National ArchivesDECLASSIFIED ■ "

Authority U M b ?60«3 £

TELEGRAM FEDERAL RESERVE SYSTEM L_f 7 ; (

(LEASED WIRE SERVICE) p

RECEIVED AT WASHINGTON, D. C.leSgK 130gbStlouis Feb 21 1059am <0$;

BoardWashington.

Holla State Bank Rolla Mo Special Holiday February 20 to March 21 inclusive.

Stewart1210p

V. 8. GOVERNMENT PRINTING OfTIOS: 191P 2— 11901



Authority ( /A /fo ?aCl3 .L

TELEGRAMFEDERAL RESERVE SYSTEM V ^ (Xj

(UEASED WIRE SERVICE)

169 gb RECEIVED AT WASHINGTON, 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'O arram: j«s £—11901


Reproduced from the Unclassified I Declassified Holdings of the National Archives ------------------------ -------DECLASSIFIED *

Authority U A / h

TELEGRAMFEDERAL RESERVE SYSTEM i_f. JQ, 3

(LEASED WIRE SERVICE


170gbIjghtlouis 1117aia Feb 18

Board ^Wsshn

/ / ^First national Bank, Mountain Grove Mo, special holiday January 9t)iS

to February 7 inclusive.Stewart

1252p

pnivnsa owek mm a—11901 /Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

declassified •' Authority

Reproduced from the Unclassified I Declassified Holdings of the National Archives r~ ' •

TELEGRAM■t ’ "• /

*4 I d 6 { 1FEDERAL RESERVE SYSTEM v


2 5 0 g b RECEIVED AT WASHINGTON, D. C.

Stlouis Feb 17 2pBoardh.

D 8. &OYKSNMSNT PRINTING OFTICS* 1938 2— 11901



Authority UAJh I a CiA L

TELEGRAM'4 1 & ‘ 5 - ^FEDERAL RESERVE SYSTEM


251gbRECEIVED AT WASHINGTON, D. C,

Stlouis Feb 17 214p Board

WashnBank of Nixa Mo closed Special Holiday January 5 reopened February 11reported in bur wire January 7 as moratorium declared.

Stewart328p

O 8. OOVBBNMENT PRINTING DRIOI: IBS8 2—11901



TELEGRAM■ j sa,ip /i : j f / 0 ■ w I



209gbiftlouis Feb 16 1230p

Board ,;j>Washington

peoples National Bank Seymour Mo reopened January 25 previously special holiday Deo 11

Stewart

DECLASSIFIED •Authority U A l h IftCsZlb



Authority j j A l h

TELEGRAMl 6 i 3 (f)


RECEIVED AT WASHINGTON, D. C. %207gb?. Stlouis Feb 16 1230p '3rBoardWashn

Bank of eldorado Springs Mo reopened November 28 1932 previously special holiday october 20 1932

Stewart143p

. aoTHunnBrr norfsm wnw. tut 8—11901 ■JDigitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis


Authority U A J h

TELEGRAM /,------------------------------ c t /


S O B g b RECEIVED AT WASHINGTON, D. C.

Stlouis 1230p Feb 16_ , '*£rBoard

Washington*Moberly Trust Co Moberly Mo Special Holiday February 10 to March 11

S&ewart143p

s. AOTwirawT n o m n n v n h sms



Authority U A l h

_ TELEGRAM7 V 7 0, 3 (?


206 gb r e c e iv e d a t W a sh in g to n , d . c.

Stlouis 1230p Feb 16Board

WashnAccording to recent advice Citizens Bank Pilot Grove Mo closed Special Holiday november 8-28 inclusive reported suspended in our wire November 10.

Stewart14 lp


Reproduced from the Unclassified I Declassified Holdings of the National Archives ---------------------------- ---------- ---------DECLASSIFIED *

Authority U A J h

TELEGRAM FEDERAL RESERVE SYSTEM


5 0 g b RECEIVED AT WASHINGTON, D. C.

^tlouis 959am Feb 7 Noell

WashnCitizens bank Gerald Mo jpecial holiday extended from february 2 to March 4

Stewart1037anr

im 8-H901Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis


Authority UAJh ?fsa3. L



Lhl& 3303gy RECEIVED AT WASHINGTON, D. C.

Jfeouia 408p Feb 7

BoardWaehingtoa

National Baafc of Shawnaatown Illinois suspended February 4 under special holiday for thirty days declared by Mayor

Stewart

603pm# ■

)



Authority UAJh




Stlouis 1229p Feb 3 Noell S $ '

Washn*Farmers and merchants^bank stclair mo special holiday february

1 to february 21

Stewart134p

a. a. soruxHam ntamm otnn: i«m s-iunDigitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Reproduced from the Unclassified / Declassified Holdings of the National Archivesd e c l a s s i f i e d"^

Authority U A J h

mmmwmmw wmm «Mk a m ifTELEGRAMFEDERAL RESERVE SYSTEM


REC’O. JAN 31 1933

> RECEIVED AT WASHINGTON, D. C.

220gmr ^Saint Louis 137p Jan 31

v, No^llWashington^

XBank of Rogersville, Mo. , special holiday January 25 to February 24Stewart :

353p ^



Authority U A l h <2. L

TELEGRAM . ,/<.---------- '470,3(1/FEDERAL RESERVE SYSTEM


78 gbRECEIVED AT WASHINGTON, D. C.

Stlouis 949am Jan 27Noell

■ rWashnyAmerican first national bank Mtcarmel ills special holiday jan 26

to february 5Stewart

1113am

o b. M T n in n n pKom K« m u t t ims 3—>11901


I DEC L ASSIFIED-

r ' Aut}lority M A l h j 6 0 ^ ^


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



Authority

TELEGRAM F E D E R A L R E S E R V E B O A R D

LEASED WIRE SERVICE W A S H I N G T O N 2— 94*4

p v to m rn m 10 ■«»* s?fm m m m * mto$. W mk «m§ w * c**ria

Wm ttwfcyU, Hi** n* «mai' M {few InmAni «&•«•& on

flWigy f mt6«f ipmt&l tolW*y 4 « I » r M by flAvil

«at «h*t •* S m m m t tiwjr w » M m < m * i? s u u frw frf*c

« s i k » n U M « ftaat ^/ * ^ 4 - 3 i



Authority U A l h 2 L

TELEGRAM FEDERAL RESERVE SYSTEM M ^ ' ( V



339guStlouis 409p jan 23

NoellWashington ^

Nokomis National Bank Nolcomis'llls special holiday Declared bjMayor January 21 to February 20

wStewart55 lp

o. s. eovBRNMCNT ntiwrnra m m mm jDigitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Reproduced from the Unclassified / Declassified Holdings of the National ArchivesDECLASSIFIED

Authority UAJh

FBDSBAL RESERVB BANK OF ST, LOUIS

January 21, 1933

Messrs. MartinAtteberyMeConkeyHBlillGilmore1iollocher Phillip#Clark. Bob * MooreGlasgowBailay

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, without 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 holiday, although such oases are not regarded as suspensions*

It will be appreciated if you will kindly furnish us such information in regard to the above as may ocaae to your attention, beginning January 1, 1955*

Aasto Federal Reserve Agent®



Authority

»• xQ. 3-*Y /y so 2 / 5 >

/ ^ ^ 4l <> j~£ sift/

c? o 7, V f ^ ,c? o■V

_. •

3 6 <J-°?^s 2<? 3■— <«✓ L>&X4r

*-h / ^ r /7 7 L /

/ & & yJ 6 ^do .

y^cjLsjz^- o~y4f

r/.- ^^cILaaJ^y

2-i/f

yS^t^l (C oMhu 0Jjb£b^ O-if // > l/"a o 3 if' ■j-v”’ y < e . < 5f

3f*> 3- ^ /j- >1 1°\ 4

5 — v / r “ V . /

/ .—n A. • — 2J____ -------4- ^ -------------------

«? — -■it4r* fcr~,v£ o f \/ 1



Authority U A l h ?<5Q

TELEGRAM REC D' JAN 21 1933


1 o, 3 6.

x m g b ?9gb

Noe 11To

Bank of Ozark Mo closed January SO by Mayor under 30 day moratoriumStewart

111 3am

O. B. ttOVBBNMKNT MUNTMO M f W li 10M 4-11801 JDigitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis


Authority j j A ljs ?6C<2 L_

EC’°' JAN 19 1933FEDERAL RESERVE SYSTEM

124gb (LEASED WIRE SERVICE) i / -7 AStlouis XS03p Jan 19 ' '


H o e ll

Washri peoples bank bon&l'terre Mo closed January 18 mayor declared banking holiday thirty days

;■# Stewart108p

■ a

*

Dist. No.Class_Date _.Capital . Deposits Popula’n. County

•-tarnDigitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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 TO3UG3OT MUTER

fJ2-d 11 )

^ All but two or three of the thirty-eigjht members of the St. Louis ’SrCounty 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

n.

Authority

y - y o .

T E L E Gr R A

Saint Louis Jan. 10

Wasirn

declared toy directors ot Peoples Bank St. TJiomas Mo.Moratorium __ _«--------- -------- ----- — — '

information regarding Bank of Nixa Mo. Hot received.

*Stewart



n. •-Authority UAJh

T E L E G R A M 7 0 *

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 lixa , 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 il authorities.


Reproduced from the Unclassified I Declassified Holdings of the National ArchivesCLASSIFIED

Authority UAJh 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



Authority UAJh

L f l

T I I 1 8 8 A M

St* Louis Jan* 6

Wo«ll

Peoples bank St* Thomas, TTiseonari closed Jairoaay third on fifteen day moratorium farmers and traders banic Iberia* Missouri closedJanuary fifth

iteuart


Reproduced from the Unclassified I Declassified Holdings of the National Archives ■ ------DECLASSIFIED *

Authority t W h


<-f- / U . - 0 U(LEASED WIRE SERVICE)


Stlouis JariH 5 1112am

N o e l l * *

Washington Montrose savings bank montreyfee mo reopened

Stewart12'23p

0. S. OOVEttNMlNT F*rK*MH« t » n — . 1M|Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis


Authority UAJh


(LEASED WIRE SERVICE) ¥ 70,5 ( i f30?gb

. RECEIVED AT WASHINGTON, D. C.

Stlouis 252p Jan 4Noellig^

Washn

Citizens bank Gerald Missouri closed January 3 1933 mayor declared thirty day moratorium

Stewart40 2p

1

» i. wTinnw wwnw iiw i m» MlMtDigitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis


Authority

TELEGRAM/FEDERAL RESERVE SYSTEM ^ j ,



Stlouis Jan 4 25 5pNoell^

WashingtonFarmers state bank Ptf!?llipsburg Missouri closed under banking

holiday.Stewart

410p

* •• Hfumn naMM *—11901



Authority UAJh 2 L

TELEGRAMFEDERAL RESERVE SYSTEM H 'u ■



301Stlouis 252p Jan 4

Noell #Washn,

Citizens bank bank of WaTtfut Grove Walnut Grove Missouri closed temporarily village board,declared bank holiday

Stewart4p



Authority j / A J h L

Fe d e r a l R e s e r v e Ba n kO F

S t. L o u i s

Dec. 22, 1932.

f

■ -V* .

■for. S. L. Smead, \Chief,Div. of Bank Operations, ^Federal Reserve .Board* yWashington, 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 additional memoranda in connection with the following banks:

Peoples National Bank, Seymour, Mo.Montrose Savings Bank, Montrose, Mo.Bank of Seymour, Seymour, Mo. Peoples National Bank, * *Farmers Bank, Roscoe, Mo»Farmers & Merchants Bk, 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,



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 informing 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 proposed 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 inthe 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

DECLASSIFIED •Authority U A Jh ? * n .3 L

y


Reproduced from the Unclassified I Declassified Holdings of the National Archives •

DECLASSIFIED *

- | 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, Seymour, 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



,|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,

DECLASSIFIED •Authority

(Signed) F. N. Hall.

Controller



Authority UAJh 2 L

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, Humans- ville 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 was 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. HallController



Authority UAJh

H 1 0

*%rDecember 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 DECLASSIFIED *

Authority U A J h

93ebStlouis 1033am Dec 9

Noellflfcphn

Montrose savings "bank moj^brose mo closed deceraber S -under indefinite duration moratorium decided by board of directors and town officials

Stewart115 1am

Original filed with daily bank suspension lis 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 e c l a s s i

Authority

Fe d e r a l R e s e r v e Ba n k

Mr. E. L. Sinead, Chief, Division of Bank Operations, Federal Reserve Board, Washington, D. C.

Dear Mr* Smeadt

Referring again to your telegram ofNovember 3 and my reply of November 12, herewith I send you another memorandum from our Controller Hall containing a list of additional banks in this district that have gone on a so-called moratorium basis.

O F

S t . L o u i s

November 29, 1932.

Yours very truly,

A.S5 t . r e u e r a i n e s B r v e A g e i iu #



Authority U A J h

-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 November 8 under a twenty day moratorium declared by its directors. The

^ Cashier of the Pilot Grove Bank did not know the reason for the closing.

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#

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

t would have the pro-rata protection of all the assets of the bank. Allchecks we may receive drawn on the Bank of Meta, Missouri will be forwarded 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#



Authority UAJh



R E C ’ D . M y 2 6 j g 3 2

H- io. a (V

1 5 8 g bRECEIVED AT WASHINGTON, D. C.

St’louis Nov 26 1150amNoell

*-&Washn

F ^Brinkerhoff-faris trust and savings co Clinton mo closed november 25for 50 day moratorium

Stewart1256p

Dist. No...........---------------

0.1. - . I L . 'J L S - Z Z -Capital - Deposits fpw'a’n.County M

8 . a M t n i m m y tn rm w wrvsea: i n t ntoiDigitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Reproduced from the Unclassified / Declassified Holdings of the National ArchivesDECLASSIFIED *

Authority

Fe d e r a l R e s e r v e Ba n kOF

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 information 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 territories 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*

P. S. I essume that you have seen the article in the United States Daily of November 8 in regard to bank moratoria*

Yours very truly,


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 so 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 National 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 deposit-

s/ ors a surrender of a portion of the deposits, and when the banksresumed 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,

ît 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 da- vpositors, 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 informed as to how or why the moratorium was declared, or the conditions 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,


Reproduced from the Unclassified / Declassified Holdings of the National Archives _

' DECLASSIFIED^

r ; , Authority J Z M U ^ - O ^ A'*• ’ __________

# 2 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 agreement to limit withdrawals* The conditions under which the bank resumed 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



Authority J j A Jh

TELEGRAM REC’D. OCT 2 4 1932FEDERAL RESERVE SYSTEM

(LEASED WIRE SERVICE) u yv.

229gb RECEIVED AT WASHINGTON, D. C.

Stlouis Oct 24 240pNoell w

WashnBank of eldorado springs eldorado springs missouri closed for reorganization under moratorium declared by city council

Stewart35 Op

j t f iJ GAaaJI

■J?

Ci'

/Dist. N o .___ .......................Class........../k f/E * 'w . . .Date .Capita!..........Deposits . . . 3 .0 . S ...Popula’n___/» t //2County

0 k. MvaxuDit nonna errtoi* mu 3— 11901tr"-

/Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Reproduced from the Unclassified I Declassified Holdings of the National Archivesdeclassified *

Authority

Q r'r"f t\ i O ' U t 21 1932F. R* Board

Form St. 6386cNov. 1929.

ORGANIZATIONS, LIQUIDATIONS, CONVERSIONS,AND OTHER CHANGES IN STATUS OF MEKBER AND NONMEMBER BANKS / n A/ Jf

(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___ £

Name and location of Member or bank after change ^ _________ ___________ nonmembor

Member or nonmemb or

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#)



Authority UAJh i

F. R, BoardForm St. 6386c OHG-ANIZATIONS, LIQUIDATIONS, CONVERSIONS, ^Nov. 1929. 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)

Effective date of change 7- > ^ "3 Federal Reserve Distri.ct $ __

Character of change

Name <2nd location of - . Member or bank^6fore c h a n g o /CML nonmember

Name and location of ^ er orbank after change_________________ ____________ nonmembor

Surplus Loans and Capital $ ___________ and profits $ ___ 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 , . ----___------------------------------------DECLASSIFIED •

^ - Authority U A J h

F* R* BoardForm St. 6386c ORGANIZATIONS, LIQUIDATIONS, COHESIONS, Z~Nov. 1929. ■ 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 „ Member orbank before change r?L/( ^^^^.^^t^^nonraembor

4 ' ' ~77 t~vName and location of Member orbank after change_____________________________ nonmemb or__________

Surplus^ Loans and Capital $ •________ and profits $ _____ 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*}



Authority i /A J h

Fe d e r a l R e s e r v e Ba n kO F

St . L o u i s L i

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 closing of the four banks, was the result of a legally declared holiday and I am accordingly removing these banks from the list of suspended banks.

Yours very truly,

^''Federal Reserve Agent*


Reproduced from the Unclassified / Declassified Holdings of the National ArchivesDECLASSIFIED •

Authority

I H i d .

August 27. 1932

*£mr. Jno. S. *ood.Federal Beserv* Agent»Federal Heserve Bank of St. Louis,St. touis, MissotM.

Dear Mr. food:

Under date of Mar eh 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 first national Bank, a ll o f Jeffer

son City, Missouri, from the reports it appeared that *t*y agreement

made hy business ®en and brokers of Jeffersoh City, the four beaks

were to r«aaln closed during the week of February 15 to 23 in order

to effect 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 of bank suspen

sions and* in the case of a ll but the First 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 city)

closed as a result of the declaration of a special holiday by the

aayor. Where a il banks in a given city close as the result of a



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 failed to reopen at

expiration of the holiday, sudb bank would be treated as suspended,

on the first business day following the holiday, unless In the mean-

I f you find that the week of Tebruary 15 to 23 was a legal holi

day in Jefferson City we ehkll revise our records accordingly.

Very truly yours,

tine it was absor another b&nk,

3. L. Smead, Chief, Division o f Bank Operations .


Reproduced from the Unclassified I Declassified Holdings of the National ArchivesDECLASSIFIED -

Authority U A Jh

^ R* Board .iiit 6386b Hdveinber 1929

Date of suspension

Name and 1 option of bank..

Cap!tal^f / 'S~0 74+

— 3

0 /BAM SUSPENSIONS

=2— ' Federal Reserve District <3

4 1 0 , ^ (

Loans andinvestments & ~

Member, or nonmember

Borrowings from Federal Rsirerve Bank b

_Gro/s deposits

:f

-s- S!'..Condition figures are an of.

C1 osinr; directed by...

_____ From other banks $Z J l

* P $ L < ^ -r- ZJ /

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.

4# Defalcation

fuT or worthless parer

Primary J Contributing cause 1 cause

banking correspond ent failed ’correspondent)

other large debtorfailed debtor and connectioni'Ir. if’ iinvl

rawals ......... *JL. ..

i / 's (specify),......_ ________ ____ ,....

/" vi" <3 -/ 0 / C *


Reproduced from the Unclassified I Declassified Holdings of the National Archives i— i '■■■in........ . | . . [ | _____

j DECLASSIFIED

Authority i/A/h

'n' Ri Board i'm Gi*6386b

Noveiaber 1929

Date of suspension

Name and location of bank

Capita!tog4 .s,

BANK S'iSPEFSiOHS

Federal Reserve District

H l O ,

Loans and investment:

Member or member

M

_ Gross deposits I . <C~~

Borrovri.ngs from Federal Reserve Bank & *— ~ __

Condition figures are as ofZ^t

Closing: directed bv ô -------- -— ------------------------------------------ ------------------------------- -—~ — -------- -— — ----------—— — ----------- y

Frotn other banks $ 3>JZ

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.

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.

6# Other causes (specify)

Fr imary cause

-Afr-

ContributingCause

PXS: iu j r,o •* , ~ » ’ t REOQFD _OH_0‘. > ^ " r —KjBank otnaages-gen’l_.___■V' E'- -v one_____

j>n ? >i :j.-.mcLi./? ... ..■■.id. mem bks,---1 . o<'i if'& ois__



Authority * M /h Q .L

Rt Boardi 6386bNovember 1929

Da-te of suspension

BAM SUSPENSIONS

-3 Federal Reserve District <P

i J

Name and 1 option of bank

Loans and C ap i tath: | ) 0 d fch-____inve s tment

Member or •ixxamember

h b <5 kT Grosy deposits $ /

Borrowings from Federal Reserve Bank t >-<-From. other banks

Condition figures are as or.__■ & / / ?> /

Closing directed by. -e?

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.

1* Slow, Doubtful or worthless parer.

Fr imar y cause

Contributingcause

2. Fail-ure of banking correspondent (Name cf failed correspondent)

3. Failure of other large debtoro(Name of failed debtor and connectionwith hns'lr, if rmy'l ...

4. Defalcation .... .

5. Heavv withdrawal s t ± ....... « ^6. Other causes (specify' | .i __

RKS: E o BE ENTFiiD O H THB iBEOOBDB OH ^ g g P B g L g W

. _ ^ T B a n k changes-gen ’l'E^r.'k tLSP np’OUB.... - —f. rfx.ysCi 1 --- -



Authority ilM /h Q .L

A

R* Board•m 6386b *410 -i ( V1 0 90 RiATTT <;TlF.PT?.t,TS Vm>TQ '' ^ /

P R* Board ,'m Ctf638£

November 1929 BANK SUSPENSIONS

Date oi‘ suspension <=?- " ( V ___ Federal Reserve District $

Name and location n /> Member orof bank c2_ w ^/^%enmemb er________________

Loans and 7/ T v ' /Capital & £Lo-* l&z___ investments A____2> ■ 3 b C ~7h _Gross deposits I 3-.(o/.~y

ôrrowil^s from Federal Reserve Bank f: om other banks & . _

Condition figures are an $Jt /— 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*

1- Slow, Doubtful or worthless parser

Primarycause

Contributing cause .

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) THECG'r OH ^ T ^ T ^ E L O W

EnteredhV

■ ^ 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.___-— ..........Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Reproduced from the Unclassified I Declassified Holdings of the National Archivesd e c l a s s i f i e d *

Authority

F R.Board•m St^6386a

O'o-t1931BAM CONSOLIDATIONS

(include absorptions, mergers^ etc,)

effective date of consolidation rf-y 3 / 3 y Pe de ral Reserve District /

\ J

Name^nd location of bank-3Member Surplusor Capital and

Nonmember1 _ „ , r ...........f Profits

Loansand

Investments4#

(a) Banks entering into consolidation:

> ^ c £ 6 <1 < W (

A * -

Thousands of dollars)

'(b) New or consolidated bank:

( J ( 3 < j £ j 7T1^ ' ' ) 0 O - H r _

, •-——■■ ...I"11 '.'!'■■■........ . ■ .-rri'Wrac .Tg 'iwi ;w»r t«»n rm.amBg'jailaiIs 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 consolidation:

^ 2/CDisposition 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/^



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

V

(Except bank suspensions* consolidations* mergers or absorption#! affiliations with banking chains or groups; and establishment or J * jL,discontinuance of * & +

10-10*52 Fa/eral Reserve "District *Effective date of change

Character of change ifirName and location of

bank before change

B«op«ning,B»nk of Bt. Paul, It. FamX, llo* Member or

Nonmember

Name and location of bank after change

Bank ofSt. Paul. Sts*. Vo« Member or

Nonmember

Capital | 10,.000Surplus i:'f and profits 4,800

Loans andInvestments $ 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 1 ated? _______

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*)


Reproduced from the Unclassified / Declassified Holdings of the National Archives -

j declassified'.r I Aul'iority

Meroh 1, 1932.

Mr, John S. Wood,Federal Reaerre Agent,St. Louis, Missouri*

Dear S ir:

Ths Board Is In receipt o f information from

the Comptroller of the Currency that the F irst National

Bank, Jefferson City, Missouri, No* 1809, contemplates

going into voluntary liquidation, haring bean absorbed

by ths Exchange National Bank, Jefferson f lty ,

No. 13148.

Very truly yours,

J. C. W ELL Assistant Secretary,

------- - 1 '


Documents

Box 2166, Folder 1: State Moratoria, Banking Holiday, FRBank … · 2018. 11. 6. · Heber Springs, Ark Farmers Bk* & Tr. Co., ft n Cleburne County Bk* it t* w Merchants Planters