Banks Resume Normal Business after Banking Holiday Rush
Banks in Bluefield and across West Virginia reopened after a fifteen day banking holiday. Deposits topped withdrawals as customers filled tellers and savings windows, boosting retail activity and prompting new accounts. Clerks worked late with extra help as checks flowed in and optimism spread for the local economy.
MENTIONED IN THIS ARTICLE
Bluefield
L. A. Hooper
First National Bank
W. C. Given
Commercial Bank
L. C. Fowlkes
Flat Top National Bank
Banking returns accelerate as banks reopen nationwide
Federal and state officials cleared the way for banks to resume normal operations. Twelve Federal Reserve districts announced more member banks allowed to reopen while state authorities licensed non members to transact. Major exchanges revived trading with gains and high turnover, as districts report most banks active with few closures remaining.
MENTIONED IN THIS ARTICLE
Federal Reserve
New York Exchange
Federal Reserve District
Fifth District Bank Opens. District Totals Released
Richmond March 15 At least 740 banks in the Fifth District were authorized to open and more authorizations were expected from state authorities. District totals show 1 281 banks open or authorized, 889 reserve members open, 251 non members, with 902 non member banks and 489 opened or authorized. Territory includes Virginia Maryland West Virginia North Carolina South Carolina and the District of Columbia. Discovery of senate approved currency legislation for state banks to avoid federal reserve is delay to House as of March 15.
MENTIONED IN THIS ARTICLE
Richmond
Fifth Federal Reserve District
Reserve Bank
District — Virginia
Maryland
West Virginia
North Carolina
South Carolina
District of Columbia
ROW
Washington
Federal Reserve System
House
Earthquake Relief Feeds 80 000 Victims in Southern California
Long Beach March 15 relief agencies feed 80 000 quake victims with mass feeding in Compton and Artesia. Zone death toll stands at 116 including J. B. Brasted, Long Beach’s 56th victim. Red Cross directs rehabilitation as gas and water supplies remain damaged.
MENTIONED IN THIS ARTICLE
Long Beach
Calif
Compton
Artesia
California
J. B. Brasted
American Red Cross
State banking houses resume operations in West Virginia
Charleston March 15 West Virginia's 127 state banks reopened for normal business ending an 11 day curtailment. State banking commissioner L R Charter Jr praised the turnout saying deposits exceeded withdrawals and some banks reported large gold deposits as savings over 50 years. National banks also largely resumed business though full reopening numbers were not available.
MENTIONED IN THIS ARTICLE
Charleston
W. Va
West Virginia
L. R. Charter Jr
Wheeling
Federal Reserve
Richmond
Cleveland
WV Municipal League to discuss levy limit amendment
Charleston March 15 a WV Municipal League meeting will discuss the levy limitation amendment to the state constitution. Mayor W J Koelz of Keyser will preside at the session tomorrow in Charleston.
MENTIONED IN THIS ARTICLE
Charleston
W. Va
West Virginia Municipal League
W. J. Koelz
Keyser
Roosevelt shapes new farm and relief bills amid 1933 crisis
Washington reports swift White House action as Congress nears final passage of a 3.2 percent beer bill allowing wines of 3.2 percent alcohol. Roosevelt plans experimental crop control and farm price measures and a broad reforestation program to put 200000 men to work within weeks.
MENTIONED IN THIS ARTICLE
Washington
White House
Congress
Roosevelt
Senate
House
Capitol Hill
Tennessee Tornado Toll Rises Across State
Nashville reports at least ten dead with Pruden and Lebanon also heavily hit as a massive Tennessee tornado rate climbs. Guardsmen, Red Cross, Salvation Army mobilize to aid victims while searchers scour ruins for survivors amid damaged waterworks and blocked communications.
MENTIONED IN THIS ARTICLE
Pruden
National
Red Cross
Salvation Army
Nashville
Straight Jacket Murder Baffles Rochester Police
Erich Baumann a 27 year old gymnast was found dead in a YMCA dormitory tied in a improvised straight jacket made from a camper sleeping bag. He died of strangulation and detective Captain John P. Mac Dwald called it the most brutal murder in fifty years. Police detained his brother Conrad as a possible suspect while noting a canoe rope found in Conrad’s room. Baumann had arrived in 1927 and friends planned a party that night to celebrate his citizenship papers.
MENTIONED IN THIS ARTICLE
Rochester
N. Y
Erich Baumann
John P. MacDwald
Force
Baumann
Floyd Winslow
Umann
Germany
Conrad
Alimony Bill Becomes Law Without Governor Signature
Charleston lawmakers pass a bill directing judges to weigh a wife's financial needs against a husband's earning capacity. The measure becomes law today without Governor Kump's signature and was sponsored by Delegate Norton, Democrat.
MENTIONED IN THIS ARTICLE
Charleston
Kump
Norton
Democrat
Senate Advances Economy Bill Aims To Stabilize Nation
The Senate passes an economy bill while the Senate finance committee reports to the House a 3.2 percent beer bill amended to legalize wines with higher alcohol content. President Roosevelt prepares farm and unemployment relief measures and names Henry Latrobe Roosevelt, a sixth cousin, as assistant secretary of the navy. A delay in sending the bill to the House to let state banks issue new currency without federal reserve involvement sparks Senate dispute.
MENTIONED IN THIS ARTICLE
Senate Finance Committee
Roosevelt
Henry Latrobe Roosevelt
Navy
House
Federal Reserve System
Senate
Virginia debt bill offered to reopen Civil War era dispute
Washington March 15 The Virginia debt issue tied to the Civil War era and West Virginia’s share is to be reintroduced in Congress by Representative Ramsay Democrat of Fol lousbee West Virginia He plans a bill to let West Virginia claim at least 15 million from the federal government as war loss relief If passed it could erase West Virginia’s 4 million deficit and reduce taxes Ramsay has secured a place on the House War Claims Committee The West Virginia legislature urged suit for not less than 15 million claiming civil war damages and wartime support by Mountain State resources and troops.
MENTIONED IN THIS ARTICLE
Ree
Secial Railroad Cabiines
Federal Building
Banke
Bryan Kemp
Bank of Graham
Washington
Virginia
West Virginia
Congress
Ramsay
Follawsbee
W. Va
House War Claims Committee
Angs
Fede Courte
Gen West
Mountain Estate
Clark
Execu
Walsh
Democrat
Black
Decomposed Body Found In West Virginia Wooded Home
Buckhannon West Virginia March 15 James Foster 21 of Newton led authorities to the McCray home where the badly decomposed body of Vance Mec Cray 65 was found. A note dated January 29 and a bottle of poison were discovered nearby and a coroner jury ruled death by own action.
MENTIONED IN THIS ARTICLE
Buckhannon
W. Va
James Foster
Newton
Morgan Bailey
Vance MecCray
Woodsman
McCray
Foster
Brewers promise work for thousands of men
Milwaukee reports Brewers vows major expenditures to revitalize the beer industry as soon as legal beer returns. Nationwide statements claim millions will be spent to create jobs and boost farm demand while producers in New York announce a 3 million dollar ad campaign. Firestone plans 50 percent plant output rise and credit is given to the president. New York cotton needs revised consumption for the season.
MENTIONED IN THIS ARTICLE
Milwaukee
Senate finance group approves house beer bill passage
The Senate Finance Committee rushed to approve the 3.2 percent beer bill for White House action, including wines and fruit juices at 3.2 percent. Grape Growers League pressed for 10 to 12 percent for wine, while California senators Johnson and McAdoo weighed amendments amid swift floor action and an executive session.
MENTIONED IN THIS ARTICLE
Washington
House
White House
Senate Finance Committee
Harrison
Finance Committee
Senate
Roosevelt
Grape Growers League of California
California
Johnson
McAdoo
Lea
Cauifornia
Ie ‘In
Beer legalization waits on federal action in seventeen states
In seventeen states beer purchase awaits only federal legalization as brewers plan for millions in orders and potential reemployment. An AP survey notes production expansion, new plants, and billions in shipments while districts and governors shape outcomes. States listed include Missouri New Jersey Kentucky New York Indiana Illinois California Washington Wisconsin Colorado Wyoming Montana Oregon Massachusetts Maryland Delaware and Arizona.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Twen R
Presa
District of Columbia
Washington
New York City
Missouri
New Jersey
Kentucky
Indiana
Illinois
California
Wisconsin
Colorado
Wyoming
Montana
Oregon
Massachusetts
Maryland
Delaware
Arizona
Eight-Year Prison Sentenced for Gem Highway Robbery
J. D. Roller a Bristol banker was found guilty by a Sun county jury of highway robbery in Marion Virginia. He received an eight year penitentiary term with motions to set aside verdict and arrest judgment to follow. The case involved Diamond theft worth about $800 and co defendants including M. W. Canter and W. R. Nichols.
MENTIONED IN THIS ARTICLE
Marion
J. D. Roller
Bristol Commercial
Sun County
Floyd H. Roberts
Commonwealth
Roller
M. W. Canter
Bristol
E. G. McCue
The
Canter
Carter 10 Seizes Carter Coal Mines and Mines Revert
Frank R. Lyon, receiver for Consolidation Coal, relinquishes management of Carter Coal properties. George L. Carter and son James to take over, arriving soon. McDowell and Tazewell counties hold about 15 000 and 10 000 acres respectively with Kentucky land totaling about 5 000 acres. Mine Nos. 261 and 253 capacities noted, with upgrades totaling over a million dollars spent.
MENTIONED IN THIS ARTICLE
Frank R. Lyon
Consolidation Coal Company
Carter Coal Company
George Ll. Carter
James
Carter Company
James Carter
George L. Carter
Coalwood
Mr. Lyon
Are Ae
McDowell County
McDowell
Tazewell
Kentucky
Consolidation Company
Carter
Lyon
Caretta
Security Prices Register Upsurge Amid Banking Reopenings
New York March 15. One of the most brilliant recoveries in security prices in the history of the New York Stock Exchange followed the reopening of thousands of sound banks. Shares surged up to 16 percent, bonds rose sharply, and the Standard Statistics price average for 60 domestic issues posted the steepest advance in its history. The dollar weakened briefly before recovering as markets rallied across commodities and currencies.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
United States
Chicago Grain Pit
New Orleans
National Metal Exchange
Commander Johnson Pledges Legion Support
Washington March 15 The American Legion national commander Louis A. Johnson pledged Legion support for President Roosevelt after the senate approved a drastic economy bill cutting veterans benefits. He urged 10,709 Legion posts and about one million members to hold special meetings to express loyalty and aid.
MENTIONED IN THIS ARTICLE
Washington
American Legion
Roosevelt
Louis A. Johnson
Senate
Legion
River Graft Hit by Rising Waters
Flooding rivers strand ships and damage Pittsburgh and Wheeling as the Allegheny Monongahela and Ohio swell. Ships sunk or broken from moorings while 1000 students are dismissed and homes flood in Pittsburgh and Wheeling with trains halted.
MENTIONED IN THIS ARTICLE
Pittsburgh
Allegheny
Monongahela
Ohio
Seward
West Virginia
P. M. Preil
Kita
Soames
Wheee Ee
Pitteburg
Ohio Valley
Wheeling
W. Va
Eeling
Seventh Ward
Einstein 10 Stay Out of Germany Amid Exile Notice
New York March 15 Albert Einstein announced his voluntary exile from Germany arriving from California. He will not set foot on German soil while conditions remain as they are and sails Saturday for Antwerp to decide his future. Einstein, addressing a dinner of American scientists and leaders, condemned nationalism as a danger to Western civilization and spoke of Jewish persecution in eastern Europe.
MENTIONED IN THIS ARTICLE
New York
Albert Einstein
Germany
California
Einstein
Antwerp
Greece
Europe
Hebrew University
Jerusalem
Senate Approves Bill Granting Roosevelt Power to Cut Veterans Pay
The Senate voted 62 to 13 to approve a bill granting the president power to reduce veterans pensions and civil and military pay to meet a projected saving near 500 million dollars. The bill returns to the House with amendments on schedules and eligibility for reductions, with possible conference if not accepted.
MENTIONED IN THIS ARTICLE
Washington
Senate
President Roosevelt
House
Roosevelt
Harrison
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