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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 17 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Apr 05, 1933

Page

1

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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
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