Fifth District Enjoys Upturn
Richmond report notes a revival of confidence after holiday restrictions. It details bank credit expansion to meet high calls, deposits exceeding withdrawals, and a decline in reserve notes after banks resumed operations. February business held seasonal strength then cooled amid banking concerns. Employment worsened toward month end and March. Textile mills stayed active, tobacco markets closed, retail trade lagged year earlier.
MENTIONED IN THIS ARTICLE
Richmond
Fifth District
Federal Reserve Bank
Reserve Bank
Federal Reserve
United States
President Proclaims May as Child Health Day
President Roosevelt issued a proclamation designating May for earnest consideration of the nation's youth and child health. The notice appeared from Washington on March 31.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Securities Bill Hearings Begin in House
Washington March 31 Hearings on the Roosevelt securities bill opened before the House Interstate Commerce Committee with Chairman Rayburn stating the investing public is tired of buying a pig in the poke He urged disclosure to place buyers nearer to sellers and protect savings from worthless securities Huston Thompson former FTC commissioner testified that states favor a national act and noted blue sky laws have been ineffective He said investment bankers blocked earlier attempts in Congress
MENTIONED IN THIS ARTICLE
Washington
House Interstate Commerce Committee
Rayburn
Congress
Thompson
Velvet Velvet Evening Wraps Brighten Paris Fashion
Paris fashion writer notes velvet offers glamorous, affordable evening wraps for spring and summer. Describes knee length velvet ensembles, bow neck scarves, and cape wraps by designers like Augustabernard and Worth, highlighting color effects and fur-free trims for budget wear. The piece closes with a demographic statistic on English language fluency among foreign-born U.S. residents.
MENTIONED IN THIS ARTICLE
Rosette Hargrove
NEA
Paris
Couturiers
Augustabernard
Lelong
Orth
Virginia Senator Carter Glass Portrait Mentioned
A fragment notes Senator Carter Glass of Virginia with a portrait. The item also cites Germany abolishing the Republican flag and restoring the imperial standard, and places Havana north of Honolulu.
MENTIONED IN THIS ARTICLE
Carter Glass
Virginia
Germany
Havana
Honolulu
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