Foreign banks in Mexico face new restrictions under a strict law
Mexico City May 20 Foreign banks operating in Mexico must affiliate with the Bank of Mexico by purchasing its shares and may not hold savings deposits or act as trustees. Deposits in Mexican currency must be invested domestically and cannot be moved abroad in dollars. The rule targets major foreign banks including National City Bank New York Bank of Montreal and Canadian Bank of Commerce. A separate item reports hunger strike ends at a British Columbia orphanage after officials remove the 10 year old girl leader and others stop eating.
MENTIONED IN THIS ARTICLE
Mexico City
Mexico
National City Bank New York
Bank of Montreal
Bank of Comsree
Bank of Mexico
Victoria
B. C
British Columbia
Sons of Freedom
Toonerville Folks Ad Heads About a Lost Item
A light classified style notice offers a playful ETSA announcement to recover a missing item. It invites readers to call adwitter at Cr. 2400 for the search and recovery. The quirky line about a head rubber adds local humor to the ad.
MENTIONED IN THIS ARTICLE
ETSA
Army Reserve Officers Face Loss Without Senate Action
Washington May 20. Reserve officers and citizen military training camps survive economy moves but senate action may cost the army 2000 officers this year. Republicans frame the fight around national defense while Democratic allies block $5,791,000 in cuts. bill passes with insufficient funds to sustain 12,000 officer strength. Amendments provide pay for two weeks annually and camp expenses. Fiscal year 1934 totals $302,585,000, $18,000,000 under budget.
MENTIONED IN THIS ARTICLE
Wasilington
D. C
Senate
Appropriations Committee
War Department
BR. C. T
House
Uncles Sam Navy Faces Fishermen in California Waters
San Francisco May 20 The navy is opposed by fishermen and fish in southern California waters. Superintendent Arthur Alstrom of the state fish exchange says he will petition Admiral Schofield to move ships and bombing runs further offshore to avoid scaring and killing fish. The explosions have caused tens of fish deaths.
MENTIONED IN THIS ARTICLE
San Francisco
Uncle Sam's Navy
California
Arthur Alstrom
State Fish Exchange
F. H. Schofield
Rescue Workers Seek 50 Victims in Chile Tunnel Collapse
Rescue teams in Temuco Chile continue attempts to reach fifty trapped workers after a landslide blocked the Igs Ruices tunnel near Temuco. Workmen were delayed nearly a day by bitter cold and heavy rains as the search persisted today.
MENTIONED IN THIS ARTICLE
Temuco
Chile
Permit for Japan Landing Hinted by Browne in Seattle
Nathan C. Browne a New York filer awaited official permission for a landing in Japan in Seattle today. He said he expected to have everything ready to take off Sunday and hoped to fly to Tokio soon.
MENTIONED IN THIS ARTICLE
Japan
Seattle
Nathan C. Browne
New York
Tokio
Extortion attempt ends with arrest in Kansas City
In Kansas City a 36 year old Walter Ogborn was jailed on May 20 after attempting to extort 6000 dollars under threat of kidnapping and killing 3 year old Hel H Negbaur Jr. He was held pending charges. Treasury receipts for May 18 show 80,015,204.74 in receipts and 84,584,107.57 in expenditures with a balance of 490,102.53.96. customs duties for 18 days of May totaled 10,454,198.04.
MENTIONED IN THIS ARTICLE
Kansas City
INS
Hel H. Negbaur Jr
Walter Ogborn
City
Treasury
Washington, D. C
Oklahoma Officers Seek Extortionists
Oklahoma City police chase clues in a case of repeated threats to kidnap the children of bank executive W. E. Hightower. The extortionists demanded 3000 dollars after the first call this week, prompting tight protection for Phyllis aged 9 and Frank aged 7.
MENTIONED IN THIS ARTICLE
Doklahoma Clly
Oklahoma City
W. E. Hightower
First National Bank
Phyllis
Frank
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