Cleveland Sees Banks and Theaters Closed Amid Turmoil
The city endures a nervous period as two large banks with 300 million in deposits and 450 000 depositors along with a small bank close. Theaters over 100 are shut since mid March amid wage disputes and banking woes. Officials warn of national figures involved with Cleveland’s situation. Early arrests are anticipated in Detroit, tied to Roosevelt administration orders. The New York Central seeks to shed Cleveland terminal overhead, while British gov ernment pushes ship company consolidation to modernize fleets.
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