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Newspaper
Lititz Record
Location
Lititz, Pennsylvania, United States of America
Date
Sep 17, 1936
Page
12
William 4. Boyd of Ithaca argues against a claimed loss of public confidence in banks. He notes deposits rise and asserts institutions that served communities since 1929 retain respect and confidence, a view he says reflects the majority of banks that endured the depression.
The Trust Division of the American Bankers Association lists 2,853 institutions with aggregate capital funds of 4.416 billion dollars and total resources of 35.443 billion dollars.
More than 200 chapters of the American Institute of Banking held a September simulcast commencement by radio. The organization spans cities nationwide with about 35 000 members. Each year over 2 500 graduates are produced, totaling well over 25 000 since inception.
The American Bankers Association reports non member banks suffer twice as many burglaries and robberies as members. It notes member banks display a protection sign and their detectives help arrest 160 to 400 crooks yearly, while criminals boast of dodging the system. Detainer warrants pursue offenders across locations to ensure penalties exceed single crimes.
Comptroller of the Currency OConner reports total deposits of 4,374 US national banks reached 26.300 billion as of June 30 1936 a new high mark. Deposits rose 1.841 billion or 5.39 percent from March 4 1936 and are up 3.682 billion or 16.35 percent since June 29 1935.
The 137th annual East Penna United Brethren in Christ conference will be at Millersburg U B Church Sept 22 to 24 with Bishop G D Batdorf presiding all sessions delivering opening address and leading Communion Tuesday at 9. Closing Thursday night with Bishop Batdorf sermon and appointments of 100 ministers to 152 churches and ordinations.
The Harrisburg event drew horses from eight states and offered a $2,000 cash prize, hailed as one of the finest shows in the region.
Local riders prepare for a Sunday Quentin Riding Club Show near Lebanon with entries from Badorf stables Senator H J Pierson Don Byrne Garden Spot Sylvester Lyon and Geo Brown stables. A farmers day horse show on the Badorf field Lititz October 24 funds Moravian Sunday School. Amateur with owner riding. Event includes work horse classes and pulling contests.
John Scott Harrison born in Vincennes Indiana in 1804 was the son of William Henry Harrison the ninth President and the father of Benjamin Harrison the twenty third President. He studied medicine but became a farmer and served as a Whig member of Congress from Ohio from 1853 to 1857. He died in 1878 on Point farm near North Bend Ohio where Benjamin Harrison was born.
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