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CHICAGO BANKS.

BIX FAILURES AND ONE BIG AMALGAMATION. (Received Tuesday, 7.20 p.m.) NEW YORK, June 8. While an 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 1,250 million dollars, it simultaneously became known that six banks, of which two are national and four are State, with deposits of approximately 25 million dollars, had failed to open their doors today within the metropolitan area.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WAG19310610.2.39

Bibliographic details

Wairarapa Age, 10 June 1931, Page 5

Word Count
81

CHICAGO BANKS. Wairarapa Age, 10 June 1931, Page 5

CHICAGO BANKS. Wairarapa Age, 10 June 1931, Page 5

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