gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
cccad399cb5f6171
Response Measures
None
Description
State bank examiner posted notice placing the bank in hands of state banking department; later liquidation/partial dividend payments reported.
Events (3)
1.July 11, 1929Run
Cause
Local Banks
Cause Details
A heavy run on the First National Bank was precipitated by the closing/suspension of the Volusia County Bank.
Measures
First National temporarily closed; later required arrival of federal funds (reports mention exhaustion of cash supply).
Newspaper Excerpt
an hour later the First National bank closed temporarily following a run on that institution.
Source
newspapers
2.July 11, 1929Suspension
Cause
Government Action
Cause Details
State bank examiner posted notice declaring the bank suspended and placed in hands of state banking department.
Newspaper Excerpt
notice...was posted on the door...announcing that the bank has suspended business and is now in the hands of the state banking department.
Source
newspapers
3.November 13, 1931Other
Newspaper Excerpt
Payment per dividend to depositors of the closed Volusia County bank here will start tomorrow, E. Hanover Mickle, liquidator, said today. It will be the first payment to depositors since the bank closed in July, 1929.
Source
newspapers
Newspaper Articles (25)
1.July 11, 1929New Britain HeraldNew Britain, CT
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BANK FAILS TO OPEN Deland, Fla.. July 11 (AP)-The Vo. lusia County Bank and Trust company, oldest financial institution in this county, failed to open its doors at 9 o'clock this morning An hour later the First Nationa. bank closed temporarily following a run on that institution.
FLORIDA BANK FAILS
Deland, Fla., July 11.-(A. P.)-The Volsuis County Bank and Trust company, oldest financial institution in this county, failed to open its doors o'clock this morning and an hour later the First National bank closed temporarily, following a run on that institution. notice signed by George C. White, state bank examiner, was posted on the door on the Volsula County Bank and Trust company, announcing that "the bank has suspended business and is now in the hands of the state banking department."
3.July 12, 1929The Salisbury PostSalisbury, NC
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Fouts, Headed Four Banks, FurnBond.
Jacksonville, July 12 While state and federal officials or liquidation three Florida banks today, the president four other Florida faced charges of violating of the state banking Two of the banks that closed yesterday were Deland, banks that city. They were the Volusia County Bank Trust company and the First National banw Deland. which shut its doors during the after heavy by ing Volusia bank. The third was the Colonial Bank and Trust company of Miami. John made bond of $10,000 after his arrest filed by State Solicitor Hardin Polk county, president director the State bank of the First bank First National bank and the State bank Winter Haven. Information filed against Fouts three counts charging had "loaned" himself $5,000 from funds the State bank of Bartow without consent board of directors, that had altered the minutes of the board make the loan appear and that had taken money when sources of the institution were not legal The banks headed closed May 15.
4.July 12, 1929Danville Register and BeeDanville, VA
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Florida Bank Is Ordered Closed
DELAND Fla., July 11.-(P)-The Volusia Countila Bank and Trust company, oldest financial institution in this country. failed to open its doors at 9 o'clock this morning and an hour later the First National bank closed temporarily following a run on that institution. notice, signed by George C. White, state bank examiner. was posted on the door of the Volusta County Bank and Trust company. announcing that the bank "has suspended business and now in the hands of the state banking department."
5.July 12, 1929The TimesTrenton, NJ
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FLORIDA PRESENTS BANKING PROBLEMS
Three Banks Closed-President Of Four Others Facing
Charges
JACKSONVILLE, Fla, July While State and Federal officers began reorganization or liquidation for three Florida banks today, the president of four other Central Florida banking stitutions faced charges of violating the State banking laws. Two of the banks that closed yesterday were in Deland, the only banks in that city. They were the Volusia County Bank and Trust Company and the First National Bank of Deland, which shut its doors during the morning after heavy run precipitated by closing of the Volusia County Bank. The third institution was the Colonial Bank and Trust Company of Miami. John L. Fouts, who made bond of $10,000 after his arrest on an information filed by State Solicitor Hardin Peterson of Polk County, was president and director of the State Bank Barton, the First National Bank of Lakeland, the First National Bank Auburndale, and the State Bank of Winter Haven. Information filed against Fouts in three counts charged he had "loaned" himself $5,000 from the funds of the State Bank of Barton without consent of the board of directors, that he had altered the minutes of the board to make the loan appear regular, and that he had taken the mony when of the institution were not up to legal requirement. The banks he headed closed May 15. The Colonial Bank and Trust Company was capitalized at $100,000. with surplus of $50,000. It had been organized three years, and attributed its closing to steady withdrawals cash during the last four days. J. was president The Volusia County Bank and Trust Company had resources of deposits of capital stock of $200,000; surplus of $100,000, and discounts of $1,724,516.08. The First National Bank of Deland had resources of capital stock of $100,000; surplus of $25,000, and deposits of $1,211,750.47.
6.July 12, 1929The News JournalWilmington, DE
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3 BANKS CLOSED IN CENTRAL FLORIDA; OFFICIAL ACCUSED
Move to Reorganize or Liquidate Institutions; Arrest Made.
INFORMATION FILED
(By The Associated Press.) JACKSONVILLE Fla., July 12.While State and Federal officials be. gan reorganization or liquidation for three Florida banks today, the president of four other central Florida Lanking institutions faced charges of violation of the State banking laws Two of the banks that closed yesterday were in that city. They were the Volusia County Bank and Trust Company and the First National Bank of De Land. which shut its doors during the morning after a heavy run precipitated by the closing of the Volusia County Bank. The third institution was the Colonial Bank and Trust Company of Miami. John L. Fouts who made bond of $10,000 after his arrest on an information filed by State Solicitor Hardin Peterson of Polk county, was president and director of the State Bank of Bartow, the first National Bank of Lakeland, the First National Bank of Auburndale and the State Bank of Winter Haven Information filed against Fouts in three counts charged he had "loaned" himself $5,000 from the funds of the State Bank of Bartow without consent of the board of directors, that he had altered the minutes of the board to make the loan appear regular, and that he had taken the money when resources of the institution were not to legal requirement. The banks he headed closed May 15. Time of arraignment for preliminary hearing was expected to be set in a few days.
7.July 12, 1929The Philadelphia InquirerPhiladelphia, PA
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FLORIDA BANKS CLOSE
One State and One National Deland In. stitution
DELAND. Fla., July (A. The Volusia County Bank and Trust Company, financial this its an later Bank temporarily run on that institution. signed by George C. White, Bank the the Volusia County Bank and Trust that the bank business the hands the State Banknow Lincoln president of Stetpresident the Volusia County Bank Trust Company. First National Bank, the only other bank Deland run shortly after 10 o'clock the door of the stated that unanticirun has exhausted supply necessitating arrival of Federal pending Bank Tuten oresident of the First
8.July 12, 1929Brownsville HeraldBrownsville, TX
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BANKS CLOSED DELAND, Fla., July 12.-(P)-The Volusia Couty Bank and Trust company, oldest financial institution in this county failed to open its doors today, and an hour later the First National Bank closed temporarily following a run on that institution.
9.July 12, 1929Imperial Valley PressEl Centro, CA
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Two More Florida Banks Close Up JACKSONVILLE, Fla., July 12 (U.P)-Deland was without a financial institution today, resulting from the closing yesterday of the First National Bank and the Volusia County Bank and Trust Company. Runs during the past four days also caused the Colonial Bank and Trust Company, of Miami, capitalized at $100,000, to cease business. John L. Fouts, of Bartow, was arrested late yesterday at Winterhaven on a charge of violating the state banking laws and was freed on $10,000 bond. Fouts was president and director of four central Florida banks which closed their doors on May 15 of this year.
10.July 12, 1929Brownsville HeraldBrownsville, TX
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BANKS CLOSED DELAND, Fla., July 12.-(P)-The Volusia Couty Bank and Trust company, oldest financial institution in this county failed to open its doors today, and an hour later the First National Bank closed temporarily following a run on that institution.
11.July 12, 1929The Austin AmericanAustin, TX
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Runs Cause Heavy Two Other Banks To Close Doors
President Charged With Making Loan to Self Without Consent for Failure
Central Florida Institutions Shaken by Defaulting Banks
Associated Press Fla., July 11. Three Florida banks-two at Deland one one Miami were placed in the hands of bank examiners today, and John Fouts, president and director of four central Florida banks which closed on May 15, was arrested in connection with the failure of these latter. The First National bank and the Volusia County Bank and Trust company at Deland, the only two banks in the city and the Colonial Bank Trust company of Miami closed today.
$5000 Loan Charged Fouts, who was director and president the State bank Bartow, the First National bank Lakeland, the First National bank Auburndale and the State Winter arrested Winter Haven Bartow. The information filed against Fouts alleged that him$5000 of Bartow bank's funds without the consent the board. and that he altered the min. the board to make the loan regular, when resources actually were not norVolusia county bank at Deland Capital of $200,surplus and loans and discounts while First National capital stock, surplus, and deposits
Run Causes Closing
The Colonial Bank Trust Miami, capitalized and with surplus open steady cash during the days. for the closing First National bank Deland. notice the Volusia county said plans had "discussed" and further action looking reorganiza. the bank the purpose view of paying the depositors in Lincoln Hulley president of Stet. president the Volusia bank.
12.July 12, 1929The Crowley Post-SignalCrowley, LA
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BANKERS ADMIT HIDING ASSETS
(Continued from page one) the defunct bank. Some of the women wept audibly during the hearing.
PRESIDENT OF FOUR BANKS FACING CHARGES
Jacksonville, Fla., July While state and federal officials began reorganization or liquidation for three Florida banks today, the president of four other Central Florida banking institutions faced charges of violating the state banking laws. Two of the banks that closed yesterday were in Deland, the only banks in that city. They were the Volusia County Bank and Trust Company and the First National Bank of Deland, which shut its doors during the morning after a heavy run precipitated by the closing of the Volusia County Bank. The third institution was the Colonial Bank and Trust Company of Miami. John L. Fouts, who made bond of $10,000 after his arrest on an information filed by state Solicitor Hardin Peterson of Polk county, was president and director of the State Bank of Bartow, the First National Bank of Lakeland, the First National Bank of Auburndale and the State Bank of Winterhaven.
13.July 12, 1929The Huntsville TimesHuntsville, AL
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COMELY YOUNG FOR REUNION IN BANKS WOMAN HELD MONTMARTRE FACE CHARGES
Topeka Woman Confesses She Robbed Two Men In Daylight Holdup year and she mitted the holdup Benefit June The Mrs. Vivian and Cecil in an they Marie Rainey, who with them as "nlece" and was Scraper's confidante after the crime, was held for investigation. Officers found $13,690 hidden in an chair behind in the Mrs. said, that her Streit that the holdup after A. salesman, drive her to scene the in front of Security build- Louis Streit brother of Streit, one the employes she robbed. Sheriff Horning said Mrs. Scraphad refused implicate Streit in her confession. Scraper according sheriff, planned the holdup but delayed It because she "lost nerve.' She also said revolver used was There cartridges gun when was found shortly after robbery. arrest the three was said to have resulted given to the authorities by the Rainmother. Rainey Mrs. Scraper and Cecil her home within an hour after the robbery carrying blankets. Officers were inclined to believe the money was hidden in them. Two days later she the returned and took away shoe which, officers said, apparently contained the
Fliers of Pathfinder Expect To Join French Ocean Fliers Soon
July tary shortly for the Orchard Club." The Americans want to their to the French Fevre that both crews succeeded in crossing safely. During the latter part next the will plane crated and will then sail for home. The fliers also drop visit Major Italian flier who is hospital there resting The government has called convene at 6:30 p.m. today Collona render homage to Roger Captain Lewis Yancey, Atlantic aviators. The meeting will mark the of Rome's the two fliers, arrived from Old Orchard, with but one stop enroute, at SanSpain. There will music speeches by ItalThe Aviators will be given a high by the Italian government, Maurice, orders Saints they King Victor Emanuel next Monday.
Four Central Florida Financiers Accused of Violating Bank Laws July and cials liquidation for three Florida banks today, the four other central Florida faced of violating the state Two of the banks closed terday Deland, the banks Volusia Company First National Deland, which during after run the Volusia The Bank and Trust of John Fouts, who $10,000 information Hardin the National Lakeland, the National State Bank Winterhaven Information filed Fouts in counts "loanhimself $5,000 funds the State Bank Bartow out consent directhat had altered the regular that he the institution were not up to legal reThe he headed closed May
Time of for preliminary to be set few The Colonial Bank and Trust Company was capitalized at $100,000 $50,000. closing attributed withdrawa during last few J. The Volusia County Bank and Trust Company had resources capital of surplus $100,000 and discounts of $1,724,The First National Bank of Deland had resources of capital stock of surplus $2,500 and deposits of $1,211,750.47.
14.July 12, 1929The Selma Times-JournalSelma, AL
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THREE BANKS CLOSE RESULT RUNS
Head Of Four Other Institutions Faces Charges
July 12. state and federal offictals began reorganization or liquidation for three Florida banking institutions faced charges of violating the state laws. Two of the banks that closed yesterday were in Deland, the only banks in that They were the Volusia County Bank and Trust Company the First National Bank Deland, which shut doors during the morning after heavy run precipitated by the closVolusia County Bank. ing the third institution the Coloriial Bank and Trust Company of Miami. John made bond of $10,000 his arrest on information filed by State Solicitor Hardin county, was president and the State Pank of Bartow, the First National Bank Lakeland, the First NationBank of and the Bank of Winterhaven filed against Fouts in he had "loancounts himselg $5,000 the funds of the State Bank of Bartow withboard of direcout tors, that altered the utes of the board make the loan that had appear regular and the when of the institution not up to legal The banks he headed closed May
Time of arraignment for preliminary hearing expected to be set few days. The Colonial Bank and Trust Company surplus of $50,000. Its closing was attributed to steady withdrawals during the last few days. J. Carpenter was president. The Volusia County Bank and Trust Company had resources of deposits of 082.19; capital stock surplus of $100,000 and discounts The First National Bank of Deland had stock of
Florida Bank Closed
Press) De Land, Fla., July 12.-The Volusia County Bank and Trust Company, oldest financial institution in this county, failed to open its doors at 9:00 o'clock Thursday morning and an hour later the First National Bank closed temporarily, following a run on that institution. A notice, signed by George C. White, state bank examiner, was posted on the door of the Volusia County Bank and Trust Company, announcing that the bank "has suspended business and is now in the hands of the state banking department."
16.July 12, 1929The York DispatchYork, PA
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BANK HEAD ARRESTED
Reorganization Of Florida Institutions Is Begun
JACKSONVILLE, Fla., July 12 (AP). βWhile state and federal officers began re-organization or liquidation for three Florida banks today, the president of four other Central Florida banking institutions faced charges of violating of the state banking laws.
Two of the banks that closed yesterday were in Deland, the only banks in that city. They were the Volusia County Bank and Trust company and the First National bank of Deland, which shut its doors during the morning after a heavy run precipitated by the closing of the Volusia County bank. The third institution was the Colonial Bank and Trust company of Miami. John L. Fouts, who made bond of $10,000, after his arrest on an information filed by State Solicitor Hardin Peterson of Polk county, was president and director of the State Bank of Bartow, the First National Bank of Lakeland, the First National Bank of Auburndale, and the State Bank of Winter Haven.
Information filed against Fouts, in three counts, charged that he had "loaned" himself $5,000 from the funds of the State Bank of Bartow without consent of the board of directors, that he had altered the minutes of the board to make the loan appear regular, and that he had taken the money when sources of the institution were not to legal requirement. The banks he headed closed May 15.
The Colonial Bank and Trust company was capitalized at $100,000 with a surplus of $50,000. It had been organized for three years, and attributed its closing to steady withdrawals of cash during the last four days. J. V. Carpenter was present.
The Volusia County Bank and Trust company had resources of $2,816,188.12; deposits of $1,840,043.19; capital stock of $200,000; surplus of $100,000, and discounts of $1,724,516.08.
The First National Bank of Deland had resources of $1,739,972.81, capital stock of $100,000; surplus of $25,000 and deposits of $1,211,750.47.
17.July 12, 1929The Bradenton HeraldBradenton, FL
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Officials Take Steps To Clear Up Bank Cases
Violation Of Bank Laws Of State Charged To John L. Fouts and federal officials began reorganization liquidation for three Florida banks today. the president of four other central Florida banking institutions faced charges violating the state banking laws Two of the banks that closed yesterday were in DeLand, the only banks in that city and among the oldest in Volusia county They were the Volusia County Bank and Trust Company and the First National Bank of DeLand, which shut
18.July 12, 1929The Buffalo NewsBuffalo, NY
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HEAD OF FARM BANKS IN FLORIDA ACCUSED
John L. Fouts Faces Arrest as Finance Scandal Spreads.
JACKSONVILLE Fla. July 12 (P)While and officers began reorganization liquidation three Florida today the president of four Florida banking institutions faced charges of violating the state banking Two the banks that closed vesterday were in De Land, the only banks in that city They were the Volusia County Bank and Trust company and the First National bank De Land. shut its during the morn ing after heavy run by the closing of the County bank The third institution was the Colonial Bank and Trust company of Miami John Fouts. who made bond of $10,000 after on an information Hardin Peterson of Polk was president and director of the State bank of Barton. the First National bank of Lake land the First National bank of Auburndale and the State bank of Winter Information filed against Fouts in three he had "loaned" himself $5000 from the funds of the State bank of Barton without consent the board of directors, that he had altered the minutes of the board to make the loan appear regular and that he had taken the when reof the were not legal requirement The banks he headed closed May 15
19.July 12, 1929The Buffalo NewsBuffalo, NY
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HEAD OF FARM BANKS IN FLORIDA ACCUSED
July 12 While and federal officers began liquidation for three Florida banks today the president of central Florida stitutions faced charges of violating the state banking the that closed De Land banks They the Volusia County Bank and Trust company and the First National bank of De Land which shut doors during the morn heavy run by closing bank The Colonial Bank and Trust company of Miami
TWO MORE FLORIDA BANKS CLOSE DOORS
Bring Total to Five to Fail Within Two Days.
Heavy Runs Made on Two Daytona Beach Institutions, but They Withstand Strain.
JACKSONVILLE, Fla., July 12 (AP).βFailure of the Merchant's Bank and Trust company and the Atlantic Bank and Trust company at Daytona Beach today, brought to five the number of financial institutions to close in Florida within the past two days.
The Volusia County Bank and Trust company and the First National bank, both of Deland, and the Colonial Bank and Trust company, of Miami, closed yesterday.
21.July 13, 1929Record-JournalMeriden, CT
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Officers Of Four Florida Banks Held Serious Charges
July While state and federal officers began reorganization liquidation for three Florida banks today. the president of four other Central Florida banking institutions faced charges of violating of the state Two of the banks that closed were De Land. the only banks that They were the Volusia County Bank Trust the First National which shut its doors during the after precipitated by the ing the Volusia County bank. The third was the Trust Fouts, who after his rest information filed by State Solicitor Hardin of Polk county. was president and rector state bank Bartow, the First National bank of Lakeland. the First bank of Auburndale, and the State bank Haven. Information filed against Fouts in three counts charged he had "loaned" himself $5,000 from the funds the State Bank of Bartow without consent of the board of he had altered the minutes the board to make the loan appear regular, and that he had taken the money when sources of the not to legal The banks he headed 15. The Colonial Bank and Trust company capitalized $100.000 with surplus of It organized for three years, and attributed its closing steady withdrawals cash during the last Carpenter was The Volusia County Bank and Trust company resources deposits of capital stock of $200,000: surplus of and discounts $1,724,516.08 The First National bank of De Land had resources $1,789.972.81: capital stock surplus and deposits of $1,211,750.47.
22.July 17, 1929The Watchman and SouthronSumter, SC
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the precedent will be followed on FLORIDA BANKER other ships of the same line, and ARRESTED perhaps other lines. The official President of Four Banks Charged responsible for the innovation With Misuse of Funds he believes travelers prefer to be served by young women than July (AP) men. This is probably true, pro- While state and federal officials began liquidavided the young women are comely tion three Florida today, to look upon, and know their busthe president of four other central iness. faced result may be new boom charges violation of the state ocean travel. woman's banking Two the banks that closed face was once potent enough were in Deland, only "launch thousand ships," banks that city They the may not other women's faces help Volusia County Bank and Trust shipping business? Company the First
23.July 18, 1929St. Louis Post-DispatchSt. Louis, MO
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$5,000,000 CASH SENT TO AID OF FLORIDA BANKS Continued From Page One. should be in banks. the moned from his home at Marblood stream trade celine terrace, took his father to Property Values Still Present. the hospital. have had is Deputy Sheriff Hugo Elmo haps the largest have had in the neighborganized posse in the history of the state, but look hood and hired on the darkened hour that from private detective agency comes just dawn. Property The hounds led the detectives values are still here in Florida. through the cut in the back fence. While there has been no market through cemetery to the have the same soil. the same road and then along the road into sunshine and the same purposeful the city. The trail was lost behind people who take hold with regarage near the Oak Hill railnewed vigor as soon as they realize road tracks and avenue. that the skies cleared in the railroad watchman there financial circles of the state ported man had loitered in the "There has been too much propvicinity until train passed. aganda, too much agitation and he presumably too much withdrawal of funds that ing boarded train. should be in the ordinary channels of trade. CHILD STRUCK BY AUTO "The people have brought down the temple on them. WHILE CROSSING BROADWAY selves. and soon they realize She Suffers Internal Injuries and this they change their Thigh Fracture: Motorcyclist all these bank failures. Thrown From Machine Florida still more money left Crossing Benton street at North in banks than some of our sister Broadway at states. instance of unpreceStella, daughter of Theodented withdrawals the of dore Bennett. North Broadtaken out of the Citiway, struck automobile zens' Bank of Tampa in one day. driven by Edward Flakes, BenVolusia County Bank of ton street. She was taken to ChrisDeland had of new funds tian Hospital suffering from interand the Merchants' Bank of Day. nal injuries and fractured right tona Beach had secured of funds. which under ordinary William 6701 circumstances would have been thrown sufficient to have carried them from his motor cycle at Kansas through the summer. and at m. "There has been run on the yesterday he collided with Bank of City for day or the truck of William E. Reed two. Washington, Mo. He treated majority of the banks at City Hospital for fractured closed Tampa were affiliated skull. Both men were held. with the Citizens' Bank of Tampa, Reply French Note. and their closing was made necessary on that account as precaution. of State Stimson announces tary ary measures. that reply to the French note "Confiscation of fruit made it regarding valuations placed on possible for to meet their French goods imported into this obligations to the banks." country had been sent. Evaluation
24.July 18, 1929Morning ExaminerBartlesville, OK
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Florida Official Sees Better Times Just Around Corner
Fla., July 17. Amos, state comptroller, Wednesday night issued the following statement regarding recent bank failures within state:
'Propaganda, probably originated selfish interest, and culated for several weeks about the banking situation south Florida, of the reasons for the disturbance which culminated Wednesday in the closing banks. However, the primary cause the failures has been heavy withdrawals, some instances reaching stage of excited runs. The general business depression, the Mediterannean fruit occasional bank failures have tended break down the confidence of the people bank institutions and have drivgood deal money into hiding that should be banks, supplying the blood stream trade. flurry have had today perhaps largest have had history the state, look on the darkened hour that comes just before dawn. Property values are still here Florida. While there has been market, we have the same soil, the same sunshine and the same purposeful people, will take hold with renewed soon as they realize that the have the financial circles of the state. "There much propaganda, too much agitation and too much withdrawal funds that should be the ord inary channels people have, brought down the temple and soon they realize this they will change attitude. all these bank failures, Florida still has money banks some of states. precedented withdrawals the $750,000 taken out of Citizens Bank of Tampa Volusia County Bank Deland had $700,000 new funds and Merchants Bank Daytona Beach secured $500,000 of new funds, which, under ordinary circumstances would have been sufficient have carried them through the summer. "There has been run the Bank of Ybor City for day
"The majority of the banks that closed Tampa today affiliated with Citizens Bank of Tampa and their closing made necessary that account precautionary "Confiscation fruit made meet their obligations to the banks.'
25.November 13, 1931The Atlanta ConstitutionAtlanta, GA
Article Text
Atlanta Stocks
In some cases on inactive securities. prices from other
Furnished by Courts & Co. Hurt Building.
New York Bank Stocks
Market Leaders
Investment Trusts
Augusta Atlantic Spg BONDS. Consti Folly Georgia Corp Kinnett Serial Macon College 1st Serial
NEW YORK. Following IN CLOSING HOUR hundreds) the Stock Net P&P Daily Stock Summary. Affiliated Standard Thursday Dow-Jones Averages. Studebaker Superheater BY THE UNITED PRESS. Superior STOCKS High Chg. Utilities BONDS Rails Thermoid Industrials Tone of the Markets. NEW YORK CHICAGO. CATTLE Steady What the Market Did. Number declines Stocks 137 traded 608 BY JOHN L. COOLEY. NEW YORK, Nov. 12. disregarded the of grains during much of today's session, but lost heart in the late trading, just after the day's best rally Closing prices were irregular, with the balance. as measured by the averages, favoring the down side by nar. row margin. The was quieter than yesterday, sales totaling 1,450,482 shares. Bonds were somewhat mixed, although firmness in United States gov. ernments and many high grade loans was constructive. Silver bullion recovered almost a cent of yesterday's last minute break in New York Central. which was off points net, unsettled the list the rails. Stocks opened firm. began to saunter lower around noon and then rallied in the final hour. The late settlement resulted in changes for utility and industrial issues. United States Steel, American Telephone, American Can and Case closed from fraction to about point off. Allied Chemical, General Motors. American Tobacco and Continental Can returned gains. Radio weak in sympathy with Radio Keith Orpheum's decline. More optimistic reports concerning the prospects of German on the for new reparations basis moves toward Dairy solution of the Chinese Japanese dif feet on markets. offsetting the Westingh losses in Weekly bank figures showed decline in circulation against last week's $63,000,White 000 Foreign exchanges were rather heavy. Net losses in wheat ranged from Wrigley 1-4 to Corn's losses ran from 8 17-8 Cotton closed virtually unchanged. Yell Oats and rye were lower. Zenith Radio Prod day Foreign Markets week year January By The Associated Press two LONDON. developed on the reports the were generally higher and the Net Motors in and Japanese NEW YORK Nov and of closed under the best the dol- 83400 Central were sluggish the Motors brief inactive. NEW Fdrs Northern Stand Bankers Industry British Cumulative Foster Investors Invest CLOSED BANK TO PAY 5 PER CENT DIVIDEND DELAND. Fla., Nov. Payment per dividend to depositors of the closed Volusia County bank here will start tomorrow, E. Hanover Mickle. liquidator, said today. It will be the first payment to deposisince the bank closed in July. Gardner 1929. and will ly $52,000, Mickle announced. Bank Closes. MADISON, Wis Nov. The Capital City Bank of Madison, Trust listing deposits approx $1. failed today Treasury Statement. Dividends. for 10 days Glidden November were
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