davidaulloa/AmericanStories huggingface dataset:
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1933-04-03

During the period from MarchI
81 until this Afternoon the
weAther hase1a reports % ves-
sels passing Sand key. OF these
81 wese hanna west and sne waz
bound east.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1933-04-03
WEATHER FORECAST
lTal 5 p. m. Tuesdayl

It'll p. m. tuesday,
Key West and Vicinity: Mostly
cloudy tonight and Tuesday; gen
tie southeast or sonth winds.
Florida: Mostly cloudy tonight
and Tuesday; possibly occasional
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1933-04-03
Genius lives on simple things. It has
to; not much else to live on.

A real executive is one who can
handle' people who know more than he
dsss.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1933-04-03

Rev. f. l.. Ley. one of the oldest
pastors in the city, was elected
head af the Ministerial Alliance ut
a meeting held last night. Rev.
Lee filss the vacancy left by the
resignation Of Rev. nj. s. Lum-
ford. who has accepted an offer
10 preach in Salada. N. G.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1933-04-03

Henry REss0A and SsatlAen
Mankewskl we're fOana guilty ~
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1933-04-03
FOR KEY WEST
Z ADVOCATED BY THE CITIZEN

-. !. Water and Sewerage
80. 2. Bridges to complete Road to Main
land.
3. Free Port.
49,. a. Hotels and Apartments
49, 5. Bathing Pavilion.
s. Aquarium.
- -. AirpoTts-Land and Sea.
$50 8. Consolidation of County and City
Governments.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1933-04-03
Tslnpsralsrs.


Yesterdays Precipitation % ms.
Normal Precipitation y. .O6 ms.
.Ihis recaGa caNess sA-Aaur nruiNsi
ending at \ a'cipch tt.tA ssssrn4sAsg.
Iamorro,.ss Aln,anac
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1933-04-03

lsiuan.eter ~ a =. IA. Today.
Sea level, 30. 81.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1933-04-03
ssssssssssssosssseeeeess
TO-DAY In HISTORY

3s-Traditional date of the
Crucifixion.
l7s3-Treaty Of amity and
peace for rs years concluded by
Franklin between the United
States and Sweden.
is6O---First pony express riders
left SacreIaento 70 ride east. and
st. Joseph. Mo-, 10 ride west.
1880 RAIDS teicPho&e service
cpened 10 South America
fsehSng nesween sDe Tees Il re-
EfeTed autekiv By anpaytnw irPMrial
Erxrwsm HemNAs as ha&&6MA. Drug
g3sfm mre authaTlzeA e. rmfamd yaxkf
Fn0nNy Af IA eMilNs-~A<lwG
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1933-04-03

The Air Squadron. that hard
working basketball team. won its
first victory of the season last
night when it defeated the De-
Molay team in fast game BY a
score Of 81 10 81. The hieh
school Juniors also defeated the
Bey Scouts of Troop 1 BY a score
af ~ ta is.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1933-04-03

Editorial Comment: More than
S1o. 900, 900 in bogus bills have
been paImed off on the public.
The total win soon be increased
by these bills that are to be in
trodneed at the coming session of
the legislature in Tallahassee.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1933-04-03

Herman Woikowsky, well
known furniture dealer, states
that he has just closed a eontcact
with one of the largest mana-
facturers Of radios in the United
States and in brief time will
place the product on the market.
He viii tell the people of Key
West OF the bargains he has
through the columns of The Citi-
zen.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1933-04-03
KEY WEST
I'm DAYS GONE BY
happenings Here lust 10 Years
Ago Today AZ Taken From
The Files OF The Citizen

Ray Savoy and Joe 0'Brien.
survivors of the sinking motor
vessel Utopia, rescued by the
tanker w. H. Libbey, off Jupiter
Lighthouse yesterday, were
brought to Key West this after
noon by the coast guard cutter
Cossack, Captain I'll. S. Brown, Jr.,
in command The Utopia was en-
route from Jacksonville TO New
York. The Libbey was on her way
to Baton Rouge.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1933-04-03

An informal hearing was held
in the court of Judge Hugh Gum
this morning in which two young
sters, who were found drunk, We're
urged to tell the source of the
liquor they had drunk. The boys
stated they mad found the bottles
with the liquor in a garbage can.
A warrant was ISSUED to search
the premises in the rear of which
the garbage can was said to be
situated but on carrying out the
search, Sheriff Curry nor his
deputies could find any liquor.
Seward daily gateway., 1933-07-14
SUBSCRIPTION LIST FOR HEALTH PLAN
 BEEN REOPENED

As several signatures for the Sew ard Community Health Insurance Plan were received after the list was closed, the Insurance Plan of ficials announce that this is in dicative that still more persons are desirous of taking advantage of the low-cost health insurance which is offered them under this plan. Ac- cordingly, officers of the Health Insurance plan have announced the reopening of the subscription lists for a few more days so that all ad- ditional signatures can be sub mitted.
 To bring the rate of health in- surance down to as low as pos sible, as many signatures as can be obtained should be secured, liar old Sogn, in charge if the Insurance Plan, said today. He said that it would be advantageous to persons who have already signed up if more signatures were obtained as this would not only assure the lowest rate possible but would also insure continuance of the plan.
 Whole families in Seward have signed up, it was said, and many out-of-town persons have seen the advantage of signing up for low cost health insurance.
 MT. Sogn said that the cost per person for membership will be $2O
 for a year and at this figure the health insurance per month would be less than two dollars
 Persons interested in the Plan . should see either Harold Sogn, at the Seward General Hospital or At torney E. F. Harwood immediately and they will be given full particu- lars of the health insurance service
 details.
Seward daily gateway., 1933-07-14
IS A ROUNDTRIPPER

Dr. Norman Nelson, of Fresno, Calif., and brother-in-law of Geo. s. Maynard, publisher of the Nome Nugget, at Nome, Alaska, is a roundtrip passenger on the s. S. Yukon, in port today. He went out on the train this morning to go over the famous Alaska Railroad Loop He is enjoying his Alaskan triI very much but regretted that time would not permit him to go into the Interior and Nome to visit with his brother r-in-laW.
Seward daily gateway., 1933-07-14
Repairing Plumbing N.>hine Aceteyne Electrical Welding, Steantine Timing Autos Service ALL WORK GUARANTEED PHONE MAD 56
 SEWARD MACHINE SHOP
 AGENCY FORD CARS, ROLLER FRIGIDAIRE
GOING TO WORLDS FAIR

GOING TO WORLDS FAIR
 MT. and Mrs. Oliver Anderson, of McGrath, were arrivals in Seward on the train last evening and will leave for the States tonight on the SS.Yukon. They are en route to the Chicago Worlds Fair and in tend to return home sometime in September. MT. Anderson is mana ger of the Northern Commercial Company store at McGrath. Mrs. Anderson was a recent visitor in Seward having accompanied the late Mrs. Dave Clough to this city.
Seward daily gateway., 1933-07-14

Next Monday, July IT, will again be one-half PRICE SPECIAL DAY for Dry Cleaning Send your "dry clean" to the Seward Steam Laun- dry on that day and have it done perfectly and to your entire satis- faction at one-half the regula r price. Remember, next Monday!
Seward daily gateway., 1933-07-14

8554. Cook Inlet, southern part. June, 1883. Scale, g by 40 inches. Price 75 cents. Shows amendments to the depths along the south coast of Kenai Peninsula and sOuthward to the limits of the chart from surveys by the U. S. Coast and GeOdetic Survey in 1931.-Alaska Shop.
Seward daily gateway., 1933-07-14

John Soble has arrived from Hope en route to the Nuka Bay Mining Company claim at Nuka Bay where he has contracted to drive a 3O- foot tunnel. This property is To- cated in Beauty Bay.
Seward daily gateway., 1933-07-14

Mrs. Manning, wife of the sta tion agent at Tunnel was an arriv- al in Seward Thursday night for al in Seward Thursday night with daughter Charlotte for a brief visit.
Seward daily gateway., 1933-07-14

Next Monday, July IT, will again be one-half PRICE SPECIAL DAY for Dry Cleaning Send your dry clean' to the Seward Steam Laun- dry on that day and have it done perfectly and to your entire satis- faction at one-half the regular price, Remember, next Monday!
Seward daily gateway., 1933-07-14

Miss Ara Wilson, daughteraof MT. and Mrs Ivan Wilson, of Moose Pass, arrived in Seward Thursday night to visit with friends.
Seward daily gateway., 1933-07-14

Father Merrill SulZman, who made a flight to Anchorage with Pilot Art Woodley returned to Sew ard today.
Seward daily gateway., 1933-07-14

WALL PAPER AND PAINT.-J. l.. CRAFT.
Seward daily gateway., 1933-07-14

Palm Beach Ice Cream Bars just arrived-AlaSka Shop.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-03-24
Tribune's Grain, Livestock and
Market Report for Fri. March, "a
PRICE OF WHEAT IS
ADVANCED SHARPLY
.ONCHCAGOMARKET
Rally IN State Trading Attrlbut-
cd to Prospect Of Change
in Farm Bill

Chicago, March M.-(R)-Helped BY
promise Of introduction Of Q senate
substitute for the house agricultural
bill, wheat late Friday rallied strongly.
Upturns took place Notwithstanding
that export demand for North Ameri-
tan wheat was disappointing. Gains
were also In the face Of the fact that
the technical position Of the market
was regarded by many traders @ hav.
Ing been weakened by Thursday's
sharp bulge In prices.
Wheat closed unsettled, l-8 to SIS
above Thursdays finish, May 81 7-0
to So, July 50 1-8 to IA: corn un.
changed to 3-8 higher, May - So to
l-2. July 80 l-8 to Ia: oats unchanged
to la up. and provisions varying from
cents decline to an equal advance.
Breaks which developed In securi.
ties gave added momentum to the fall
Of wheat values. Rains In domestic
winter crop territory southwest acted
also as an incentive to sell and wheat
soon showed q drop Of more than q
cent . bushel. For the time being
little power to rally was In evidence.
Part Of Fridays selling came from
government-financed agencies. L
was without avail that friends Of
higher prices pointed to indications Of
lessening supplies and emphasized
that crop complaints continue NUM-
erous from the hard winter wheat
belt, where reports said the outlook
was the poorest in many years. Corn
and oats sympathized with wheat
weakness.
Provisions were sustained by an up
ward trend Of hog values.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-03-24
MORE State BANKS
GIVEN PERMISSION
TO. REOPEN FRIDAY
Number Now On Normal Basis
In North Dakota At 70; ~
Still Restricted

Nearly half Of North Dakota's 40
state banks were operating on an un-
restricted basis Friday. with deposits
exceeding Withdrawals In every re-
ported instance. Gilbert Semingson.
state examiner, announced.
Six banks reopened for unrestricted
business Friday to bring the total to
10. Examination Of the remaining
state banks u continuing and reopen
ing OF others win be announced as
soon Is audits are completed.
Bennington said reports from the re-
opened banks showed money Is flow
Ing into the banks greatly In excess
of Withdrawals.
Banks reopened Friday are:
DISCREPANCIES and Merchants
State Bank.
Fingal-The Fingal State Bank.
Charlottesville Gladstone State
Bank.
Northgate-The First State Bank Of
Northgate.
6ouris-State Bank OF Souris.
Tolley-Security State Bank Of
Tolley.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-03-24
Five Men Detained
On Kidnap Charges

Des Moines. Iowa, March 2l.-(R,-
Five men were being held here Friday
for federal and Illinois officers In
connection with the kidnapping Of Ade-
hemer Huughe Of East Moline, last
October and John d FillipN Of
Spring Valley, ILL.,, last December.
They are Archie Brown. John Tici-
liano. Rocca 0arreffa. and Joe VAR
salona Of Chicago, and Ted Patterson
Of Springfield, III.
The men were arrested in q series
Of raids here after police had been
notified Of their arrival. Guns and
ammunition were found at one Of the
houses raided. police said.
Sergeant o. w. Kepnster Of the IL
linois highway police said that the ar.
rest Of Varsalona, Ticiliano and Gar.
reffa completed the roundup Of q
gang accused Of the kidnapping o.
Huughe and d Fillippi.
Kempster said that he will 60 TO
Springfield. H., today to seek extra
dition warrants against the trio as
well g for Patterson and Brown.
Kempster holds federal and Illinois
warrants for varsalona for the kid
napings. he said.
The arrest Of the five here brings
to II the number arrested for the
kidnaplngs.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-03-24
State Rail board
BATTLES INCREASE
In GRAIN FREIGHT
Larkin Says Boosts Now Being
Urged Would Cost North
Dakota S. 900, 900

Pushing their fight against increas-
ed freight rates on grain, members Of
the North Dakota railroad commits
sion are making arrangements to Or.
que the case orally when that stage
Of the general Investigation Of grain
rates under the ch-Smith resolu.
ton Is reached.
The final hearing In the case start
ed In Chicago March 8 and Is EXPECT.
ed to continue for another 30 days.
Commissioner Ben G. Larkin. who 1t.
tended the hearing 10 days but re-
turned here because of other import
ant cases, expects to return when the
railroads offer their rebuttal evidence.
He said the railroads are asking for
annual increases which, on q normal
years business, would amount to five
million dollars In North Dakota alone.
At several former hearings, repre-
sentatives Of the state railroad COM
mission offered exhibits and oral tes-
timony In opposition to the carriers'
demands, and arrangements are being
made to orally argue the case before
the I. G. G. at Warrington, .. O.,
probably In September.
I'm view Of the low price Of grain"
Larkin said. freight rates are q large
part of its market value, and the &C.
tivities Of the railroad commission In
forestalling these huge increases over
. period Of years have saved millions
Of dollars to the farmers Of our state. !"
A grain rate investigation has been
pending In one form Or another Be.
fore the I. G. g. and the courts since
1921, he said, adding the state COM
mission has been active In m effort
to prevent drastic increases sought
by the railroads"
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-03-24
Grand Jury Indicts
Charles T.. Mitchell

New York, March 24.-(ReCharies
e. Mitchell. former chairman Of the
board Of the National City Bank, was
indicted by . federal grand Jury Fri.
day on Q charge Of wilfull evasion
Of his income tax for the year 1870.
The indictment charges that in
1929 Mitchell's net income was "a
go. 405.05. whereas he reported . net
loss Of $4,000, and therefore paid no
tax.
He was charged In the indictment
With evading payment OF = tax Of
$573. 3l2.1l.
The indictment contains one count.
The maximum penalty provided for .
conviction Is . term Of imprisonment
for five years and q fine Of $4,000,
although either imprisonment or fine
In any term or amount below the
maximum may be imposed at the dis
erection Of the court.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-03-24
CHICAGO

Chicago. March 24-R-(U. 8. Dep
AgrO-Hogs. 10000, including 5000 d.
rect; most early sales $40 higher than
yesterday on all classes: 10000 lbs.
4.00-25: top AIS; heavier weights
down to SIS and below: 140-l70 lbs,
3.s5-4.lS: bulk packing sows, 3.50-65;
light light. good and choice, l40-l60
lbs. S.75-4.15; light weight, 10000
lbs. 400.25; medium weight, 200-250
lbs. 4.05-2S: heavy weight 250-350 lbs,
c85-4.15: packing sows, medium and
good. 275-550 lbs. 3.35-75: pigs, good
and choice, l00-130 lbs, 3.25-75.
Cattle, $500: calves, 500: fed steers
and yearlings slow. mostly steady to
weak: lower grade kinds again getting
the best action: offerings selling at
$50 downward: prospective top long
yearlings CTS: several loads SIS down
to 500: mixed offerings at SIS: de.
mand for weighty steers narrow; 9TH
er killing classes mostly steady.
daughter cattle and vealers steers,
good and choice, $4,000 lbs, SYST. rs:
900-ll00 lbs, 5.75-7.25; 1l00-l300 lbs,
5.00-7.2S: 1300-l500 lbs, 4.25-6.50:
common and medium, 550Sl300 lbs,
4.00-5.75; heifers. good and choice,
550-750 lbs. 100000: common and
medium 3.S0-4.75: cows. good, 3.00-50:
common and medium. 2.40-3.O0: low
cutter and cutter. 1.75-2.40; bulls
(yearlings excluded. good (beef),
2.75-S.25: cutter. common and medi-
UNI, 2.50-S.00: vealers. good and
choice. 5O0-650: medium, 4.OO-5.O0:
Gull and common. 3O0-4!O0: stocker
and feeder cattle-steers, good and
choice. 5o0-i050 lbs. 4.50-6.00: COM
mon and medium. 2.75-450.
Sheep. 10000: not fully established;
few sales to outsiders and small kill
ers steady: good to choice native
lambs S.26-76; holding strictly choice
fed westerns around 600; lambs, 90
lbs. down. good and choice. 5.3S-s5:
common and medium. 4O0-550: e0-es
lbs. good and choice 6.25-75: es-l10
lbs. good and choice, 5yO0-5O; ewes,
s0-l60 lbs, good and choice. 2y00-3.00.
su weights. common and medium,
l.25-2.50.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-03-24
MINNEAPOLIS FUTURES
HELPED BY LATE RALLY

Minneapolis, March A.-(ReWheat
was listless and weak through the
first half OF the market session Fri
day and then there was tightening
because Of q report the senate agri-
cultural committee would amend the
agricultural relief bill to provide only
sufficient taxes through processing to
pay for lands leased from farmers for
withdrawal from production.
May, July and September futures
closed Nc higher. May and July oats
closed sc higher, May rye Nc higher
and July unchanged. May barley
closed unchanged to nc higher while
July and September finished un-
changed. May flax closed &c lower.
Cash wheat receipts were light and
demand fair to good 1t firm pre-
miums. Durum was . shade slower
but unchanged. Winter wheat was In
fair demand and nominally unchang-
ed.
Cash corn demand was strongr.
Oats demand was rather good. Rye
demand was good from elevator COM
panies. Barley demand was good and
prices firm to one cent better. Flax
was in good demand and firm.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-03-24
SIOUX CITY

Sioux City, Iowa, March 9l.-(R>-
u. 8. D. A.)-Cattle 1000: fairly &C.
tive. most classes steady: few good
light yearlings to S25: scattered sales
good heavy beeves up to ass: most
grain feds $50 down; few choice $50
ID. heifers 500: majority beef COWS
260-325: low cutters ana cutters l.75-
2.2S: medium bulls ass down: choice
vealers 500: stockers and feeders
scarce.
Hogs 5000: slow; early sales to
clippers mostly 5-l0 higher: packers
inactive: top $50: early sales 49,
$50 lb. weights $3.50: good and
choice 270-360 ID. butchers bid $50
%; packing sows mostly 3.l5-2S: feed
er pies up to $50.
Sheep 1900: fat lambs opening
steady 70 around Is higher: other
classes unchanged: two loads choice
o ID. ted wooded lambs to shippers
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-03-24
Livestock



South st. Paul. March 24.-(R-
70. 8. Dept. Of Agriculture)-Cattle
2.l00; opening rather slow: steers and
yearlings steady to weak: she stock
steady: bulls firm; most common and
medium steers and yearlings saleable
S.75-4.50; few better yearlings sold up
to $50: butcher heifers 3.O0-4.OO; odd
head yearlings SIS; beef COWS 225-
IS; cutters l.50-200; medium grade
bulls mostly 2.25-l0: odd head ESQ;
stockers and feeders scarce, steady:
calves 400: slow. early sales steady
to weak; good to choice offerings
400-5.50; few head selected kinds to
500.
Hogs. $500: fairly active; steady to
strong: better 16O-230 lbs, 3.70-.Ss:
top, SIS: good and choice 230-32S lbs.
mostly 3.50-.70; heavier weights and
palmer grades down to 3.35 and be-
low: good sows mostly 3.00-.2S: pigs,
S.O0-.25 for better grades; bulk 3.25:
average cost Thursday $50: weight
235.
Sheep 1000: one deck fed lambs on
offer: balance largely natives; prac-
tically nothing done: packers talk
ing steady on slaughter lambs: SELL
ers asking higher or upward OF $50
on best kinds: Thursdays bulk better
grade lambs 5.O0..lO.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-03-24
Produce Markets
CHICAGO

CHICAGO
Chicago. March A.-(R-Eggs and
butter were easy In tone Friday with
prices on both revised downward frac-
tonally. Poultry ruled firm and UNI
revised
Butter, s.sll. easy: creamery-spe-
Gals Co scoce) 1S-lSh; extras (o2)
TN: extra firsts (00-oD 17A: (es-so)
II; standards 60 centralized CARROTS
TN.
Eggs, 2.s52. easy: extra firsts cars
13h. local l2N fresh graded firsts cars
IAN. local ia: current receipts Tx.
Cheese are unchanged and the mar
ket tone = fully steady. Twins. Ok 10;
Single Daisies. 10A-h: Loughorns,
10k.h.
Poultry. live, 10 trucks, firm. prices
unchanged.
Dressed turkeys, firm prices, un-
changed.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-03-24
QUIET PREVAILS ON
new YORK MARKET:
PRICES sink LOWER
Good Bank News Had Been An.
ticipated; Traders Wait
Washington News

New York, March 24.-(R-The
stock market was q waiting affair
Friday with prices backing and FILL
ing In desultory trading and an ir-
regularly downward trend.
The sweeping improvement shown
In the federal reserve statements had
been anticipated and indications In
mercantile reviews Of some further
pickup in wholesale trade were in
adequate to generate new enthusiasm.
Wall Street seemed more interested
IN the progress Of farm relief legisla-
ton than In anything else, although
European developments stu COM
manded much attention.
Scattered selling carried q number
Of issues temporarily off q point or
two. including American Telephone.
Case, q. 8. Steel. American Can, and
Allied Chemical, although these losses
were reduced and In some instances
called, by early afternoon. Rails
fluctuated uncertainty, but in the
main showed . fairly good tone.
Union Pacific rose more than q point,
lost Its gain, and again pushed up
more than point. Food stocks, some
OF the merchandising issues. wet
shares and New York fractions, had
intervals Of frimness. The fractions
have been helped by latest unifica-
ton steps.
The weekly review Of Dun & Brad
street said q real squirt had started
in wholesale buying, in preparation
for Easter trade, but In discussing
general business, said already hest
tation has appeared in some divisions
because Of pending farm legislation,
the lack Of sustained price advances
In agricultural products, and the de-
lay In reopening small banks through
out the country"
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-03-24
Divide School Man
Given Prison Term

Minot, N. D., March 2l.-(R-Carl
Olson, Is. who has been Z school
teacher In Whitaker school No. 2 in
Plumer township, Divide county, FRI
day In Minot was sentenced to serve
from five to 20 years in the state
penitentiary.
The sentence was imposed by Dis
trict Judge John G. Lowe after Olson
entered . plea Of guilty to . charge
Of criminal attack upon Q l3-year-old
girl pupil.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-03-24
New Bank of Detroit
Opened for Business

Detroit, March 2l-R)-The Ma
tional Bank Of Detroit. realization Of
. $25y 000.0 900 plan Of the Reconstruc-
ton Finance corporation and the
General Motors corporation for re-
storation Of normal banking facilities
70 Detroit. opened It's doors Friday.
The bank Is described by Alfred P.
Sloan. Jr.. president Of General Mo-
tors. Is IAN entirely new institution"
the most liquid bank In the United
States" and = Detroit institution,
owned, directed and managed By De-
troit people"
The banks first published state
ment bore out his assertion Of it, II.
Quidity, tor It showed assets Of 426.-
100000, Of which ~ "a 900 = cash
and 1e75. 900 u In federal reserve hank
stock, and no deposits.
For the time. the hank = only &C.
cepting deposits but negotiations are
In progress for purchasing the more
liquid assets Of. the imperative First
National Bank-Detroit and Guardian
National Bank Of Commerce, which It
Is designed to Ripplant. Avowed plans
are to release . part Of the approxi-
nlately 4500000000 deposits ii those
banks. probably 70 Per cent. next
week.