Article Text

Abe Martin Says: Girls used t' be naturally shrinkin' without dietin'. Arlie Lark is knee deep in love. was precipitated after receipt of news of the previous bank closings, but was met through the receipt of funds from Miami banks. The run subsided shortly after noon when officers announced funds sufficient to cover every deposit. President George Romh, of the Miami Clearing House association, in commenting on the suspension of three suburban banks, declared that outside control and loans on outside paper solely were responsible for the embarrassment. "The banks of Miami today are in an impregnable position," Clark B. Davis, president of the City National Bank and Trust company, declared, "each of the downtown banks today is operating entirely on its own capital, a thing of which few banks in any part of the country can boast. And although such a condition is inconceivable, if there was a demand of depositors made upon these banks, we could pay every dollar of the liabilities faster than the depositors could carry it away."