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Two More North Dakota Banks Resume Business Bismarck, N. D., June 2.—Reopening of the State Bank of Hannah in Cavalier county and the Michigan City bank of Michigan in Nelson county was announced today by State Examiner Gilbert Semingson. The State Bank of Hannah has a capital of $40,000, a surplus of $8,000, and deposits of $300,000 and has been under special deposit since its suspension last October. The reopening of this bank is regarded as especially important as showing marked improvement of the situation in Cavalier county. Cavalier county was especially hard hit last fall in an 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 several weeks. C. B. McMillan is president and M. J. Dixon is cashier of the Hannah bank. The Michigan City Bank, under suspension since Dec. 11 last, has deposits of $138,000. More Reopenings Seen Mr. Semingson said several 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 northern North Dakota, 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 a 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 amounts that were common a few years ago.