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Unrest Normal Business Report52 Institutions in New York, Nation's ter Operation. IN 12 CITIES TODAY Others in 250 Cities With proved Clearing House ciations Will TuesReopen day. Roosevelt Calls for Courage and Confidence Financial System Be stored. New March ing the nation's financial capital resumed today when 52 of the local members of the federal system. quietly resumed bus!ness, together with state banks, private banks and metropolitan savings banks. The last named ordered state department of $25 weekly for depositor. The banks reported brisk busiin new deposits. Several banks found their receivtellers' windows ronized. Uptown institution were busy taking cash accumulated checks for assistance sent the main Withdrawsaid to be small foreign exchange dealings, under official limitations, found dollar strong in terms of pound European gold bankers said. degree confidence abroad to this bring gold the York federal reserve bank. Indications this afternoon Saturday's receipts would The Harriman National bank, federal reserve did not open for business and the bank stated present to take charge of the bank's affairs. of trading the New York stock exchange various markets held pending complete banking elsewhere system outlined President Roosevelt. trucks delivered new currency to some of the banks, but there seemed be immediate demand any extraordinary funds. Some officials said they thought the currency they already had hand would take care present needs. In the first hour there was no evidence that any fort was being made withdraw sums for hoarding. of the first customers to the Manufacturers Trust company, woman about who assisted teller's window her She cash pension check value the check in Some of banks throughout city were busy attending the wants small positors and who wanted cash either personal expenses business purchases. activThe said been about for Monday morning. The National bank the New York Clearing House association and its latest clearing house statement showed capital $2,000,000: surplus and net mand deposits. and time deposits, In 346 institutions in the 12 federal cities carried norbusiness during the first day the President's 3-day reopening Foreign markets resumed trading the dollar. The tone firm. New York stock pected to resume trading the within In addition to the institutions federal cities. banks Iowa open under the regulations of the of Boston banks outside the city proper also gold prohibited and hoarders had four days which return their metal to the federal reserve. Plenty of Currency March normal of money exchange order for America today the of President that have provided machinery restore our financial up to you to support and make told the nation. banks will take care of all Plenty currency based on was the tions permitted resume today the 12 federal banks he assured. "Confidence and courage the essentials success our President people must have faith: you must stampeded rumors Let us unite in banishing your problem no than mine. Together So under license of the banks the located the federal reserve nancial reservoirs had permission tinued the gold supply took all possible prevent by Explains
