Ohio Banks Prepare to Reopen Under Federal Rules
Ohio banking activity is set to resume with 311 of 798 banks that are Federal Reserve members applying to reopen. The treasury will decide license approvals while Ohio officials say non member banks will align with Fed standards. A $15 million currency shipment arrived to meet new money requests as gold flows back to Federal Reserve vaults.
MENTIONED IN THIS ARTICLE
Cleveland
Ohio
Federal Reserve
Federal Reserve Bank
Treasury Department
Washington
Federal District
Theodore Tangeman
Cleveland Federal Reserve Bank
Cincinnati
Pittsburgh
Tangeman
Federal Reserve System
Treasury
Woodin
Dollar Parity Reached by French Banks And Fed
Paris reports the dollar returned to parity as French and English banks and the Federal Reserve coordinate to supply dollars to shorts for deliveries. European groups face potential losses around 1 million dollars from short positions, with official dollar dealings set to resume next week despite delivery constraints from the gold embargo.
MENTIONED IN THIS ARTICLE
Paris
France
England
Federal Reserve
Senator James J. Davis Recovers After Emergency Appendectomy
United States Senator James J. Davis rested comfortably in South Side Hospital after an emergency appendectomy performed at 1 A.M. during a flight from Washington to Pittsburgh. His condition was listed as satisfactory following the operation.
MENTIONED IN THIS ARTICLE
Davis
Pittsburgh
United States
James J. Davis
Washington
South Side Hospital
Weather ForecastCloudy and Warmer Through Sunday
The forecast calls for cloudy skies and rising temperatures through tonight and Sunday. Light snow may fall in the northeast portion tonight.
Reports Filed By Local Banks In Ohio
Statements of all local banks were filed with State Superintendent of Banking J. Fulton at Columbus today. Fulton had sent a request for the filings last night. A local banker said there is no current change and no definite statement on timing, though a modification of the banking situation is believed to be coming soon.
MENTIONED IN THIS ARTICLE
Lr. J. Fulton
Columbus
Ohio
Fulton
Akron
U. S. S. Macon
Goodyear-Zeppelin Corporation
U. S. S. Akron
Naval Aeronautics Bureau
G. Glenn Toole
Macon
Harry Stilwell Edwards
Banks set to reopen with cash limits and no hoarding
Banks nationwide prepare gradual reopening after the holiday with Treasury orders allowing full checking but restricting cash withdrawals. Federal Reserve centers rush new currency to support banks, which may reopen as early as Monday under soundness rules.
MENTIONED IN THIS ARTICLE
Columbus, CO
U.P
Secretary of Treasury
Comerce
Theodore H. Tangeman
Treasury Department
Washington
Tangeman
County group to study public power plant plan
A Lorain county wide coalition of citizens and officials met to discuss building a publicly owned electric power plant to serve northern Lorain county and nearby areas. City Solicitor Howard Butler said there is no legal obstacle to two or more communities forming a joint enterprise to construct the plant, with investigations by Elyria Lorain Sheffield Lake and Amherst solicitors guiding the effort for lower rates.
MENTIONED IN THIS ARTICLE
Lorain County
Lorain
Elyria
South Amherst
Sheffield Lake
Grafton
Black River Township
Howard Butler
Butler
Amherst
Ohio Public Service Company
New Bar Rules Hit Delays In Divorce Cases
Bar association rules aimed at curbing delays in divorce suits impose automatic alimony suspension when a defendant seeks a continuance unless the court approves another arrangement. The rules also require posting of a juror list with full names addresses and occupations for pretrial review by counsel.
MENTIONED IN THIS ARTICLE
Bar
Bar Association
Pledges Relief from Reconstruction Finance Corp
R F C officials pledged immediate relief to California in every lawful form.
MENTIONED IN THIS ARTICLE
Washington
Reconstruction Finance Corporation
California
Democrats Fail to Bind Members to Roosevelt Program
In Washington the House Democratic leadership collapse failed to bind party members to the Roosevelt economy plan. An amendment would cap veterans' cuts at 25 percent, but the move split the caucus and Rainey resisted binding. The plan aimed to slash nearly 400 million from veterans and 120 million from federal salaries.
MENTIONED IN THIS ARTICLE
Roosevelt
Washington
House
Rainey
Rep
Browning
Tennessee
Roose
Elyrian Killed by Trolley Car
Zack Evans of 423 Bond street was killed when struck by a Yellow Line trolley near Louisiana avenue. He stepped in front of the car, a 30 foot throw, car stopped after about 80 feet. Motorman F W Figler and witness Fred Atwood identified the man. Evans, resident of Elyria four years, leaves wife, one son Henry, and four daughters. He worked at Perry Fay Company. Burial at Sudro Funeral Home.
MENTIONED IN THIS ARTICLE
Zack Evans
Bond Street
Louisiana Avenue
Evans
F. W. Figler
Lodi Street
Pat Crehan
George Walton
Fred Atwood
Loci Street
Gerald Nau
Paul Chapman
Ed Monroe
Accient
Sudro Funeral Home
Elyria
Perry Fay Company
Henry Evans
Youngstown
M. Lucry
M. Bentley
Della Johnson
Cleveland
Callie Hill
Penn
Merchants Rally Against Ohio Sales Tax Proposals
About 100 Lorain County business leaders gathered at the Lorain County Savings and Trust Company to oppose proposed state sales tax bills. George Quinn of the Cleveland Retail Merchants' Board warned the tax would raise consumer costs and harm local merchants while failing to reduce real estate taxes.
MENTIONED IN THIS ARTICLE
Lorain County
Ohio
Lorain County Savings and Trust Company
George Quinn
Cleveland Retail Merchants’ Board
Mississippi
Pennsylvania
Pinchot
Quinn
California quake toll climbs with 130 dead and 1,500 injured
The March temblors across Southern California left Long Beach hardest hit with about 130 dead and over 1,500 injured. City officials feared up to 250 deaths as debris and aftershocks hampered search and rescue, while 3,000 sailors and 1,000 Marines aided peace officers in martial law conditions.
MENTIONED IN THIS ARTICLE
Los Angeles
U. P
California
Long Beach
Tehachapi Mountain Range
Compton
Garden Grove
Buena Park
Watts
Artesia
Costa Mesa
Bellflower
Huntington Park
Carnegie Institute
Seismological Laboratory
Santa Ana
San Pedro
United States Navy
Signal Hill
Pacific
Carnegie Seismological Institute
Pasadena
Aynwood
Bell and
Hynes
Don Steele
United States Battlefleet
Huntington Beach
Venice
Harbor District
Clarence Webb
Santa Monica
Former Elyrians Publish Santa Ana Paper Amid Quake
United Press dispatches report Elyrians in Santa Ana published an extra edition during the earthquake. Despite bricks falling and desks moved into the street, staffers kept typing and printers at work to tell of the damage. Three people were killed in Santa Ana per today’s death list.
MENTIONED IN THIS ARTICLE
Santa Ana
California
United Press
Santa Ana Register
Register
J. F E. Burke
Elvrra Chronicle-Telegram
Th Street
Are You Letting Things Slip
An ad urges readers to use a low cost Want-Ad service for renting buying selling trading or borrowing any time. It promises big results and offers cash discounts and regular ad placement.
Also Mentioned on This Page
Bulletian
Ofcials
Reserve System
Central Federal Reserve
Reserve
Bureau of Engraving and Printing
Central Press Telephoto . Vere
Central
Slausen Streets
Power Ates
U.C
Aviation
Big’ Airdock
Elyrian
RESUL
Epeape
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