THE FINANCIAL CRISIS

Hawera & Normanby Star, Volume LIII, Issue 9480, 7 December 1907, Page 5

THE FINANCIAL CRISIS

tPRBSS . ASSOCIATION 1 FAILURE OF ANOTHER BANK.

[PRESS ASSOCIATION.]

NEW YORK, December 6. The National Bank of Commerce in Kansas City, Missouri, has failed. The liabilities are £4,800,000.

The Government officials hope that the' bank will be able to meet all its obligations. It held £200,000 of clear-ing-house certificates.

Its deposits in one month decreased fiom 7% million sterling to 1£ million.