Evening star., 1933-03-15
BANKS IN NEARBY
COUNTIES REOPEN
Most Neighboring Virginia
and Maryland Institutions
on Normal Basis.
Continued From First Page.)

have no limitations except that we are
keeping a watch for boarding Deposits
have been coming in In larger amounts
have been very small, just merely
enough to meet living expenses, and the
people Of the community have been CO.
operating with US 100 per cent"
Seven in Prince Georges.
Seven of the ten banks in Prince
Georges County are operating on . 100
per cent basis. They are the Prince
Georges Bank & Trust Co., Of Hyatts-
vile and Mount Rainier; the First Ma
tional Bank Of Southern Maryland,
Marlboro; the Clinton Bank, the Bank
Of Brandywine and the Citizens Bank
of Riverdale, the Farmers & Merchants
Bank Of Marlboro, and the Citizens
Bank of Laurel.
The Marlboro Branch of the Eastern
Shore Trust Co. and the Bank of Bowie
were permitting 2 per cent q month
Withdrawals. 1t was announced by
Howard S. Miles, president, that the
Eastern Shore Trust Co., largest bank
ing organization in the State outside OF
Baltimore. would be reorganized. Ap-
plication for membership in the Fed
eral Reserve System has been made by
the bank, which has headquarters in
Salisbury and 81 branches in 10 coun-
ties.
The Southern Maryland Trust Co.,
Seat Pleasant, was the only bank in
Prince Georges County which was not
given license to permit Withdrawals
Leo j. Norton, cashier of the institution,
said the bank would have an announce
ment to make within few days.
Others to Open.
Banks In other nearby counties
licensed to open on a 100 per cent basis
included:
Commercial Bank of Maryland Fred
erick; Fredericktown Savings Institu-
ton, Frederick: Germantown Bank,
Hughesville Savings Bank, Central
Bank Of Howard County, Clarksville;
Cumberland Savings Bank and Liberty
Trust Co.. Cumberland; Citizens Ma
tional Bank. Frederick; Farmers and
Mechanics National Bank, Frederick :;
National Bank of Westminster. Union
National Bank, Westminster; First Ma
tional Bank, Cumberland; Second Ma
tional Bank, Cumberland. and Nico-
demus National Bank. Hagerstown.
The Westminster Savings Bank and
the Westminster Deposit & Trust Co.
were operating on 10 per cent with
drawal basis, while the Boonsboro Bank
was permitting per cent Withdrawals.
Two per cent Withdrawals were per-
mitted by the Bank of Brunswick. Com
mercial Savings Bank. Cumberland; :;
Peoples Bank. Cumberland: Farmers
and Merchants Bank. Hagerstown; );
sttitution and the Annapolis Bank g.
Trust Co.
Ne 3y Virginia Banks
Six of the seven banks in Arlington
and Fairfax Counties were reopened
this morning on the regular business
basis. The seventh, the Peoples State
Bank Of Cherrydale, also was reopened,
but with restriction limiting with
drawals to S per cent.
kilograms permitting the reopening
Of the two national banks. the Herndon
National and the National of Fairfax.
were received yesterday afternoon.
Authorization for reopening the Ar
lington Trust Co. OF Rosslyn, the
Clarendon Trust Co. Of Clarendon, the
Vienna Trust Co. Of Vienna and the
Falls Church Bank, State institutions,
were received last night.
The national banks were reopened
on order of the Federal Reserve Bank
Of Richmond and the trust companies
and State banks on order of the State
Corporation Commission of Virginia
The per cent withdrawal clause i'm
posed upon the Peoples State Bank
had been invoked by the directors of
that institution shortly before the de-
claring of the bank holiday by Gov
Pollard and was continued for an in
definite period upon order Of the State
Corporation Commission.
Alexandria's four banks. the First
National, Citizens National. Alexandria
National and Burk & Herbert, all
reopened this morning without abnor-
NAL restrictions.