12-0086Milwaukee, Aug. 26. Speaking meeting of the Hopkins Street State bank, District Attorney George charged last night that the banking department is rectly continued eration insolvent banks. existing conditions possible for the officers of bank the friends such officers money when the institubecomes shaky," he said. without friends keep their money in; those friends the keep taking
SAYS ALLOTMENT PLAN WOULD MAKE PRICES OF FOOD PRODUCTS HIGHER
G Vosburgh D. that the plan would place and pork high in the nation's for the consumer reach before today miller and livestock The agriculture committee Fred Lingham of Lockport N Y representing the miller's national federation that the would turn of the of Will Topeka of to that the bill would pork would he yet hog favored the allotment Are with big meat McNary Oregon Absolutely not The packers opposed the terday The feature of the bill would of of our The bill taxing the processor of selected farm price on his consumed output provided he production 20 A new addition farm plans made day by Senator Shipstead Farmerfor the refinancing of the entire farm which he estimated at more than 000.000. Under the plan the government would take over all farm giving the holder in turn federal bonds in years but callable after 30 years The government would grant the farmer moratorium payment and the debt would be amortized by small principal and interest payments over 46-year
BANK HOLIDAY AT KIEL IS DECLARED
Madison A business holiday has been declared by the two banks Kiel. Wis the state banking department said today The bank the State bank of kiel, and the Citize State bank of Kiel The banking department said its records did not show how long the holiday period will be BANK CLOSES Merrill, Wis. The Citizens National bank suspended business today for day period. Harry
Heineman president that the board of voted to take of holiday proclaimed by Mayor W H. Aubuchon The lamation stated that taken to protect depositors institution The Lincoln County bank remained open for usual did the American State bank which operating under
CLOSED BY STATE
Milwaukee The bank department today closed Hopkins Street State neighborhood institution Roland Teske director pressed belief that every depositor will be paid in full. Schaefer of the Wisconsin banking depart ment termed the closing more of liquidation than suspension. Heavy withdrawals Schaefer said reduced deposits from $660,000 June, 1931, to about $96,000 and of ficials said that with such small sum it longer possible to operate profitably
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Bank Directors Take Advantage Mayor's Holiday Plan
MERRILL. Citizens National suspended business day for period. Harry Heineman, president. announced that the board directors had voted to take advanatge holiday" claimed by Mayor H. Aubuchon The mayor's stated that action was taken protect depositors the The Lincoln County remained open for usual business. did the American State which operating under deterred payment plan.
Waupaca Bank Reopens FarmState bank. which suspended reopened today The other the Waupaca National. remained but predicted will reopen seen under waiver plan.
Close Milwaukee Bank state banking department today closed the Hopkins Street State bank. neighborhood Roland Teske. director. expressed belief that depositor will full. Schaffer of the Wisconsin banking termed the closing more liquidation than
Neighborhood Institution Closed by Action of State Banking Department
Milwaukee—(AP)—The state banking department today closed the Hopkins Street State bank, a neighborhood institution.
Roland Teske, a director, expressed belief that every depositor will be paid in full. F. F. Schaefer of the Wisconsin banking department termed the closing more of a liquidation than a suspension.
Heavy withdrawals, Schaefer said, reduced deposits from $660,000 in June, 1931, to about $96,000 and officials said that with such a small sum it was no longer possible to operate profitably.
Milwaukee. (AP)—The state banking department today closed the Hopkins Street State Bank, a neighborhood institution.
Roland Teske, a director, expressed belief that every depositor will be paid in full. F. F. Schaefer of the Wisconsin banking department termed the closing more of a liquidation than a suspension.
Heavy withdrawals, Schaefer said, reduced deposits from $660,000 in June, 1931, to about $96,000 and officials said that with such a small sum it was no longer possible to operate profitably.