AMERICAN FINANCE
THREE BANKS FAIL EFFECT OF ANONYMOUS LETTER Press Association—By Telegraph—Copyright. NEW YOKE, February 6. (Deceived February ”, at 1.30 p.m.) News from Miami states that three local banks failed to open for business to-day, ostensibly because of tbe runs due to the circulation of an anonymous letter declaring one bank to bo weak; but it is believed that this is another evidence of the continued deflation due to the Florida land boom.
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Evening Star, Issue 19784, 7 February 1928, Page 6
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73AMERICAN FINANCE Evening Star, Issue 19784, 7 February 1928, Page 6
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