SIX OPEN AND SIX CLOSE
CHICAGO BANK TRANSACTIONS.
AMALGAMATIONS AND FAILURES.
By Telegraph—Press Assn.— Copyright.
Rec. 8.30 p.m. New York, June 8. While the announcement was made that six of Chicago’s largest banks had merged to create one institution called the Central Republic Bank and_ Trust Company, with resources of £250,000,000, it simultaneously became known that six banks, of which two aie national and four are State, with deposits of approximately £5,000,000, had failed to open their doors to-day within the metropolitan area.
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Bibliographic details
Taranaki Daily News, 10 June 1931, Page 5
Word Count
83SIX OPEN AND SIX CLOSE Taranaki Daily News, 10 June 1931, Page 5
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