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PART OF METEOR FALLS IN PHOENIX FRONT YARD
PHOENIX, July 31. (AP) A fragment of a meteor which flashed out of the sky last night was found today in the front yard of the Fred Sullivan residence at the outskirts of the city. Mrs. Sullivan who was sitting on the front porch when the meteor fell, said it resembled a "shooting star.' When it was about forty feet above the to $49,842,643, compared with $5,417,458 in May. Advances authorized for self-liquidating employment-pr programs and storm and earthquake reconstruction projects aggregated $25,772,613 while the corporation turned over to the Federal Emergency Relief Administration $37,910.142 to be distributed among the States to care for the destitute. The Great Northern Railway Company was authorized to borrow $6,000,000 and the Denver and Rio Grande Western Company $950,000, Besides authorizing loans totaling $3,350,000 on preferred stock of banks, the corporation purchased preferred stock in similar institutions totaling $4,838,000. The largest loan authorized in June was $35,000,000 to the Progress Mortgage Company of San Francisco. A loan of $1,320,000 went to the Pacific Coast Joint Stock Land Bank of San Francisco: $1,400,000 to the San Antonio Joint Stock Land Bank of San Antonio, Tex., and $410,000 to the Fremont Joint Stock Land Bank at Lincoln, Neb. LOANS CANCELED Another item considered in the report was the cancellation or withdrawal in full during June of $65,168,619 in loans authorized since July 21, 1932. In addition, in the same month parts of authorized loans aggregating $1,728,352 were canceled or withdrawn. Loans for four banks in California were authorized. They were: Bank of Carmel, $50,000; First National Bank of Cucamonga $7500; Citizens Bank of Monrovia. $5000, and South Gate National Bank (receiver,) $43,000 (not yet disbursed.) Other loans authorized included: Pacific States Savings and Loan Company, San Francisco, $833,123 Five million dollars was disbursed ground, she said, it took on the appearance of a fireball. It was smoking when it hit the ground, she said. The fragment, which is dark brown and apparently lighter than other pieces of meteors found in the northern part of the State, is about an inch and a half long and an inch in diameter. Its edges appeared burned black. to the Unified Rehabilitation Corporation of Los Angeles for earthquake repair.