Article Text
Curb Unevenly Trade Dull
CURB EXCHANGE
2:45 P. M. TICKER PRICES 22 See Later Edition for Closing
"Whether spending more and saving less will improve prevailing conditions is a matter that must be figured out by each individual in accordance with his financial vice president of the Lincoln ings Bank, states in the current issue of the bank's publication, The
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Stock. earned. mPaid annually. last aPayable regular rate. share Participating 28% Lake Sh M and Rights Ex-Dividend 25 LoneStG deducted from Ohio Business News Evansville Bank Brooklyn Phila And Others Close how slight. with banks," Mr. Blau- Piedm velt says. In New Location a Indianapolis. Oct. 19 (P)-The George H. Gray of the PyleAmerican Trust & Savings Bank of Gray Real Estate Company. is beEvansville, one of the largest banking congratulated upon the location of the firm in Ashland ing institutions in that city closed Stand Place. opposite the Academy of its doors this morning. and Luther Stand Music and the Williamsburgh Sav- Synons. Banking CommisStand ings Bank. neighborhood which sioner took personal charge of its is forging ahead as business cen- affairs It capitalized Emancipator. ter. The firm was located in Mon- and has deposits of If savings show ample provision tague St. for number of years plus of $175,000 and undivided of impending and obligated ex- Serv and more recently on Flatbush profits $41,000. penditures. spending may be Tex Ave. near Lafayette Ave. Mr. Gray Un considered. especially when com- Fail Open is of the opinion that the new Ud modity prices are low at presLafayette subway will bring to Fort Kent, Me., Oct 19 The ent. Mr. Engelhardt says. this locality additional activity. Fort Trent Trust Company and its Buch expenditures will tend to ameliorate the strain on business branch at Madawasca failed to FOREIGN On Extended Vacation in general and bring about more open their doors today. Signs on Sales in equitable adjustments that George H. Doscher. secretary BONDS $1,000 High Low Ticker the doors Closed for Adjustand cashier of the Lincoln Savfuture earnings will be better and Buenes Aires ment The bank was organized in ings Bank, and Mrs. Doscher are more satisfactory to all.' 1903 and was capitalized at $50,000 Since, however, funds intrusted making trip to the West coast. CaucaV Raz had deposits of approximately to savings banks are invested in visiting number of cities en $650,000. safe and productive channels, savers route. They will return to BrookGesfuerel should first build up their savings lyn by steamer via the Panama West Virginia Failure Hamburg accounts then consider spend- Canal. They are expected to arrive Sistersville. W. Va., Oct. 19 (P)ing wisely rather than lock up their in New York Nov Mendoza The United Bank of Middlebourne, money hiding where becomes Mr. Doscher recently completed nonproductive, Engelhardt recently formed by consolidation of Nippen 40 years of service the bank Parama Brazil states. and recognition of this record the Bank of Middlebourne and the First National Bank of Middlewas granted special vacation. Saar To Start Home Development bourne, did not open for business Sante today. According to its last stateJoseph Moss. president of Moss Stinnes Link-Belt Merges ment, the United Bank had re- Un Indus Brothers, building organization, ansources of $722,042.19 nounced today that his firm will start development of 68 one- With Moore Company Run on Manila Bank family dwellings Cross Island K. C. Southern H W. Caldwell & Son, subsidiary Boulevard and 172d St. Bayside. Manila. Oct. 19 (P)-A run which of the Link-Belt Company, has result of the spurt in home developed yesterday on the China merged with the George W. Moore buying last week. Encouraged by Banking Corporation incidental to Company of Chicago, manufacturers Sept. Net Down the evident demand for small homes the closing of another Chinese bank of conveying equipment. Through in the suburban sections of the here quieted down somewhat today the merger Link-Belt acquires an island, Mr. Moss and other builders Some depositors, however, continued The Kansas City Southern Railentirely new line of manufacture. are planning busy Fall and Win- to withdraw their money. road lead September net after taxes Salem buckets, a speciaity ter campaign of building. which of $412,919 against $423,839 in Sepof Moore Company. they say help relieve the un- Pittsburgh Failure tember, 1930 This includes the employment situation here. Pittsburgh. Oct. 19 The ExTexarkana & Fort Smith The change National Bank here did not statement follows: Treasury Is Offering Seen More Aid Needed open for business today. A state- 1930 While the banking pool formed at ment issued by the directors said un- Sept Gross $50,000,000 in Bills President Hoover's suggestion aims usual withdrawals by depositors Net After Taxes in the direction business revival, The Treasury Department an- prompted action. President alone is not adequate to curb the nounced an offering of about $50.- J. W. March said depositors would CANADIAN LOADINGS UP worldwide depression, Albert D. 000,000 of 91-day treasury bills for be paid in full and that there would Blauvelt. president of the Douglas- refunding purposes on discount be balance for distribu- Loadings revenue freight on ton National Bank and former basis the highest bidders. Tend- tion to stockholders. Canadian railroads for the week member of the old War Finance ers will be received at Federal Re. statement on the bank's condi- ended Oct 10 totaled 58,158 cars, Board, states in bulletin issued to serve banks their branches to tion Sept. 29 said had demand against 56,033 in the previous week depositors p.m. Thursday deposits of $3,939,783 and time de- and in the like 1930 week. situation is one in which The treasury bills will be dated posits of $1,012,326: loans and dis- Receipts from connections for the American citizen should take Oct 26 and mature Jan. 25. counts totaling $5,194,856. United week were 22,993 care, against 399 active interest. especially those when the face amount will be pay- States Government securities of in the previous week and 33,452 in