Banking conditions improve in November with fewer failures
Washington reports that banking conditions across the United States improved in November, recording 169 failures versus 522 suspensions in October. Deposit liabilities of suspended banks reached 84.4 million, while 20 previously suspended banks reopened with deposits totaling about 60 million. The period saw 1,032 bank suspensions in November and October combined, with Illinois, Missouri, and Pennsylvania bearing large failure deposits, yet currency returns offset hoarding and expect lighter bank pressure during Christmas.
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Washington
Dp. C
United States
Federal Reserve
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Nebraska
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Ilinois
Bouke
Ohio
Washington December currency and gold reserves rise
The December 16 currency in circulation stood at 5.578 billion dollars, up 73 million from the prior period amid seasonal demand and rising money stock. Gold reserves increased to 4.455 billion, still 126 million below last year's level despite a 725 million gold loss from mid September to late October. Treasury reassurances stated the United States will stay on the gold standard.
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Roasan
Treasury
United States
Revels Begun by Gypsies in Los Angeles Feast
In Los Angeles on December 19 a large Gypsy gathering began a two hour feast to honor their new king and observe annual religious holidays. About 1509 Gypsy families, dressed in colorful native garb, met in public spaces as they celebrated with food and wine.
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Los Angeles
St. Nichol
Toa Angeles
Edison Students Organize Y Club After Dinner
Edison senior students form a DY club at a Friday dinner. Charter members include Tustin Rickey, Marlin Franklin, Uelvard Prielard, Jack O'Connor, Chester Harult, Robert Seutee, Melvin Cirrice. Officers listed: Melvin Currier, president. Chester Hardt, vice president. Justin Hickey, secretary and treasurer.
Tyler C Joins in Allied Attack
Tyler Texas December 19 Directors of the Tyler chamber of commerce in session today unanimously passed a resolution commending the East Texas chamber of commerce for its recent stand against Attorney General Alyed's suit. The regional daily terms the suit untimely and alleges major oil companies violate anti trust law.
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Tyler
Texas
Tyler Chamber of, Commerce
East Texas Chamber of Commerce
Soviets Refuse To Sign League Narcotics Pact
Moscow December 19 Soviet foreign affairs commissar Maxim Litvinov told the League of Nations he would not sign the anti narcotic convention claiming it is insufficiently effective.
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Moscow
Maxim Litvinoff
League of Nations
Diamond theft suspect taken to Dallas in case
Dallas peace officer Wilt Fritz says two San Antonio men are connected to a $1000 diamond stolen from Kart Hobbteelle’s Dallas home. One suspect admitted stealing and selling the gem for 150 dollars. the second suspect will be charged with receiving stolen property.
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Dallas
Wilt Fritz
Anto
Niana
Kart Hobbteelle
Wee
Frits
Ali
Negro Theatre to stage Bought and Tell For four acts
Negro Little Theater presents a four act play Bought and Tell For by Grorgn Broadhurst at the Negro dilcary auditorium 8316 1 Foiday directed by T. W. Temmings. Proceeds go to negro charitable institutions. Cast includes Hettie Deowne Chenny Nichardson Zor Ita Stentem R. o R. Davenport Fo Y Harald Tonks and I. W. Heniings.
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Negro Theater
Diana
Grorgn Broadhurst
T. W. Temmings
Negro Charlintle
Hettie
Deowne
Chenny Nichardson
Zor It
Professor Kane Visits Parents After Acquittal
Dr Elishy Kent Kane III, acquitted last week in a drowning murder case, heads east from Knoxville Tennessee to Kane Pennsylvania to spend Christmas with his parents. He previously taught romance languages at the University of Tennessee and has resigned.
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Knoxville
Elishy Kent Kane III
Hampton
Vac
Ble
Kane
University of Tennessee
Santa Claus Impersonator Testifies in Court Case
Hans Veen, a 63 year old San Diego man resembling Santa Claus, testified he parades without makeup in downtown storefronts for pay for ten years. He acknowledges receiving $50 payments to perform and hand out liquor passes in the routine.
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Santa Claus
San Diego
Calif
Santa Claun
Hans Veen
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