Bank At Saginaw, Mich., Closed

Saginaw, Mich.. Nov. 23.- National Bank Examlner Caldwell took charge ; of the First National bank of this city Saturday. The following notiee was posted on the bank doors: "Owing to inability to realize from assets ït is deemed wise to temporarily close the bank. Depositors wlll be paid in full. It is hoped that arrangements can be made to resume." No statement has yet been prepared by the bank officials. The capital stock of the bank is $100,000. The last official statement showed a surplus of $60,000 and deposits of $300,000.