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2 MORE BANKS IN STATE ARE OPENED AGAIN Cavalier and Nelson County Institutions Open Doors To Depositors SHOWING CAVALIER'S Fourth Bank Reopened in County in Last Few Weeks Marks County Recovery Reopening of the State Bank 01 Hannah in Cavalier county and the Michigan City Bank of Michigan City was announced today by State Examiner Gilbert Semingson. The State Bank of Hannah has a capital of $40,000, surplus of $8,000 and deposits of $300,000 and has been under special deposit order since the time of its suspension last October. The reopening of this bank is regarded as especially important as showing the marked improvement of the situation in Cavalier county. Cavalier county was especially hard hit last fall in the epidemic of bank closings, and is making fine progress in getting the banks there reopened, the bank at Hannah being the fourth bank to reopen in that county within the past severa! weeks. C. B. McMillan is president and M. J. Dixon is cashier of the Hannah bank. The Michigan City Bank, under suspension since December 11, has deposits of $138,000. Mr. Semingson said a number of banks have about completed arrangements for reopening and he expects that within a week three more will be in shape to resume their usual banking business. In a tour through the northern part of the state the examiner found that conditions are in better shape than for years, he said today, that banks are gradually building up their reserves, that farmers are not making the number of loans for cropping purposes as heretofore, all indicating that real diversification in farming is actually here, and that banks are being relieved from having to make spring advances in the amounts that were common a few years ago.