Elyria Banks Await State Reports As Examinations End
The Elyria Chamber of Commerce reports that state banking department examiner T. O. McEldowney will complete examinations of Elyria banks by day’s end. Within 24 hours bank reports will be sent to each board of directors. The committee notes asset conservation through expenditure cuts and salary reductions.
MENTIONED IN THIS ARTICLE
Elyria
T. O. McEldowney
State Banking Department
Elyria Chamber of Commerce
MacEldowney
Chamber of Commerce Banking Committee
City Council Plans Further Reductions to Close 50000 Deficit
City council meets in adjourned session to consider additional cuts to operating expenses to meet a projected year end deficit of 50000. Since April 1 Mayor Van Oster implemented economies that cut the shortfall to about 35000, with 17000 more to cover. The 3.2 beer bill awaits second reading, after an emergency move was blocked to allow temperance groups to speak.
MENTIONED IN THIS ARTICLE
W. H. van Oster
Akron To Have New Bank
Reconstruction Finance Corporation and Akron banking officials plan a new national bank to take over assets of the unlicensed First Central Trust Co. Akron interests will match $1,000,000 in common stock, while the RFC provides $1,000,000 in preferred stock. Additional loans would release about 20 percent of deposited funds to depositors.
MENTIONED IN THIS ARTICLE
Washington
National Bank
First Central Trust Company
Akron
Ohio
Reconstruction Finance Corporation
First Central Trust Co
Fire devastates most of Tela Honduras city
Acting Consul Kenneth Stout reported to the State Department that a large fire destroyed about three fourths of Tela Honduras. The blaze continued to rage while the American Fruit Company settlement escaped damage. only the commercial section remained destroyed.
MENTIONED IN THIS ARTICLE
Honduras
Washington
Tela
Kenneth Stout
State Department
Stout
American Fruit Company
Ohio Weather Forecast Tornado Threat Tonight and Thursday
Showers and thunderstorms expected tonight and Thursday across Ohio. Temperatures rise tonight then turn cooler, especially in the southwest, with colder conditions Thursday night.
MENTIONED IN THIS ARTICLE
Ohio
County Officials Weigh Delinquent Bond Payments
County officials met to address a looming financial crisis with about 1.25 million dollars in bonds outstanding and 40 900 dollars of principal due now. Commissioner Murray warned funds could be exhausted by fall and urged deep cuts. J W Warden urged letting bond principal go delinquent while others noted reduced office costs and ongoing staff pay concerns.
MENTIONED IN THIS ARTICLE
C. D. Murray
J. W. Warden
Clarence W. Dick
C. A. Horn
C. SS. Kelser
County Officials Blamed for Delayed Elyria School Salaries
Dr. A R Agate told a Blytia City Board of Education committee that Lorain County officials did little to release frozen bank deposits, leaving Elyria teachers unpaid since February 24. He cited $1 25 million in eight county bank deposits, secured by mortgages, with no licenses to resume normal business and no action taken to free funds for payrolls.
MENTIONED IN THIS ARTICLE
Elyria
A. R. Agate
Blytia City
Lorain County
James F. Brown
Brown
Survivor Tells Of Tragic Gash On Akron Flight
Executive Officer Herbert V. Wiley narrates a routine Akron flight with Admiral Moffett aboard. A sudden storm, dense fog, and electrical disturbances push the ship into a rapid descent and ballast dump before resuming level flight.
MENTIONED IN THIS ARTICLE
Wiley
Herbert V. Wiley
T. S. S. Akron
Lutheran Noonday Services Set for Holy Week
St. John's Lutheran Church hosts eleventh annual noon Lenten services April 10 to 14. In h 1500 attended last year. speakers include Rev. M Ilse Geneva Ohio Rev C Scheuermann North Olmsted Rev H Abram Amherst Rev F Malkow Akron and Rev H Muhir Detroit. Services run 12 to 12 30 with music by Grace Lutheran Choir St Johns Children's Choir and Lorain County Lutheran Chorus. Arrangement committee listed.
MENTIONED IN THIS ARTICLE
St. John’s Lutheran Church
West Avenue
Broad Street
M. Ilse
Geneva
C. Scheuermann
North Olmsted
H. Abram
Amherst
F. Malkow
Akron
H. ©. Muhir
Detroit
Mich
Grace Lutheran Church
St. John’s School
Lorain County
Elyria Teachers Face 20 Percent Salary Cut
The Elyria City Board of Education voted 20 percent salary reductions for school teachers and other local staff, effective April 11, as part of balancing a 1933 budget with a $55 000 deficit. Superintendent Maston was asked to design curriculum reductions to save the remaining $15,000.
MENTIONED IN THIS ARTICLE
Elyria
Elyria City
MacDonald to Sail for United States Next Week
London April 5 Premier Ramsay MacDonald will sail for the United States next week to discuss debts and disarmament. He will spend days in Washington and meet with President Hoover and President Roosevelt to lay groundwork for the forthcoming world economy conference.
MENTIONED IN THIS ARTICLE
London
Ramsay MacDonald
United States
Beer 3.2 Law Delayed In Elyria This Week
Elyria city officials discuss delaying 3.2 beer approval. City Solicitor Butler says ordinance still must clear three readings and a three day waiting period. Some council members support emergency passage while others oppose emergency status and seek full readings.
MENTIONED IN THIS ARTICLE
Elyria
Howard Builer
Butler
Anna Kennedy
Leonard Smith
von E. Rankin
Kennedy
Rankin
Flames Destroy Planing Mill At Prison
Fire destroyed a planing mill at the Missouri state prison in Jefferson City. Convicts and city firemen confined the flames to the building, with damage estimated as not great. No injuries or disorder were reported.
MENTIONED IN THIS ARTICLE
Jefferson City
Missouri State Prison
Ons
City considers two year gas rate ordinance tonight
Council members indicate a two year compromise gas rate ordinance may be reported from committee for action tonight. The measure would cut rates about 15 percent and supporters say failure to pass leaves Consumers paying current rates. The meeting aims to reduce city operating costs amid a severe fiscal deficit.
Avon Lake School Board Faces Rehire Vote Clash
About 300 people packed Avon Lake High School auditorium demanding a showdown over principal J L Oppelt’s rehiring. petitions signed by many parents and students show strong support for Oppelt as the board adjourned to a later meeting after a conference with the superintendent.
MENTIONED IN THIS ARTICLE
Avon Lake High Scoor
J. L. Oppelt
Rite Tin
Oppelt
Nealh
Wayne C. Black
Che
Saints
Rich Waison
Ager
Vaughan
Black
House at Amherst Damaged by Fire
Sparks from a chimney set fire to a shingle roof of the home of Mr and Mrs Geo Schroeder on Cleveland avenue. Firefighters confined the blaze to the roof causing about 69 dollars in damage.
MENTIONED IN THIS ARTICLE
Amherst
Geo. Schroeder
Cleveland Avenue
Akron disaster darkens Atlantic City as search proceeds
Navy ships and planes scoured off New Jersey and Delaware after the Akron airship disaster. Bodies and wreckage were found near Atlantic City while Lakehurst mourned, and a blimp crash added to the tragedy. Admiral Moffett and 70 others were lost. three survivors were reported. Henry L. Roosevelt pledged a full investigation.
MENTIONED IN THIS ARTICLE
Atlantic City
N. J
Navy
New Jersey
Delaware
Barnegat Light
Akron
Naval Hospital
Brooklyn
Lakehurst
William A. Moffett
Naval Aeronautics
Barnegat
H. E. MacLellan
Coast Guard
George Washington
Portland
Jersey
213
Naval Air Station
Los Angeles
Macon
California
David Cummings
Pasquale Bettio
New York
Plans
Henry L. Roosevelt
Also Mentioned on This Page
Gary
Saad
Srn
Ghty Council
Gonsider
U. S. Coast Guard
Tucker
Brooklyn Navy Yard
U. S. S. Akron
Robert W. Copeland
Mana
Horn
Murray
M. A. Houghton
County Relief Commission
AGATE
Admiral Moffett
Bureau of Aeronautics of the Navy
New England
Philadelphia
Alabama
U. S
MacDonald
U.S
Avon Lake
Worshof
Newspar