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Detroit Free Press from Detroit, Michigan • Page 4

Location:
Detroit, Michigan
Issue Date:
Page:
4
Extracted Article Text (OCR)

THE DETROIT FREE PRESS WEDNESDAY, FEBRUARY IS, 1933 Detroit Business Takes Steps to Carry On in Face of State Banking Holiday Increased difficulty In furnishing Many Concerns Providing was accepting checks from guests In payment of all services. Including food and rooms. No checks, Limits Sought Governor's Proclamation of Bank Holiday Cash for Workers' Checks Creameries and Grocers Supplying Food; Credit Being Extended to Worthy Roderick Campbell, of the Wilson The text of Governor Comstock's proclamation calling for an 8-day bank holiday in Michigan follows: PROCLAMATION Whereas, in view of the acute financial emergency now existing in the City of Detroit and throughout the State of Michigan, I deem it necessary in the public interest and for the preservation of the public peace, health and safety, and for the equal safeguarding without preference of the rights of all depositors in the banks and trust companies of this State and at the request of the Michigan Bankers Association and the Detroit Clearing House and after consultation with the banking authorities, both national and state, with representatives of the United States Treasury Department, the Banking Department of the State of Michigan, the Federal Reserve Bank, the Reconstruction Finance Corporation, and with the United States Secretary of Commerce, I hereby proclaim the days from Tuesday, Feb. 14, 1933, to Tuesday, Feb. 21, 1933, both dates inclusive, to be public holidays, during which time all banks, trust companies and other financial institutions conducting a banking or trust business within the State of Michigan shall not be opened for the transaction of banking or trust business, the same to be recognized, classed and treated and have the same effect in respect to such banks, trust companies and other financial institutions as other legal holidays under the laws of this State, provided that it shall not affect the making or execution of agreements or instruments in writing or interfere with judicial proceedings.

Dated this 14th day of February, 1933, 1:32 a. m. WILLIAM A. COMSTOCK, Governor of the State of Michigan Bogus Money Caution Given City Guards Against Counterfeiters Continued from Page One near the till, where clerks can check them against bills. The descriptions, In which check letters and face plate numbers refer to the small letter and numeral in the lower right hand corner of the front of the bill, over the signature of the secretary of the treasury, follow: $1 SILVER CERTIFICATE: Series 1928A.

Check letter face plate No. 1129; back plate No. 3190; Series No. U99376255A; W. O.

Woods, Treasurer of the United States; A. W. Mellon, Secretary of the Treasury; portrait of Washington. Printed on one sheet of paper from photo-etched plates of poor workmanship. The tack of this note is fairly deceptive.

Seal and numbering are blurred. $5 Federal Reserve Note $5 FEDERAL RESERVE NOTE: On the Federal Reserve Bank of Chicago; series 1928A; check letter face plate No. back plate No. 156; W. O.

Woods, Treasurer of the United States; A. Wr. Mellon. Secretary of the Treasury; portrait of Lincoln. Printed on one sheet or paper from crudely etched photomechanical plates, with the Treasury seal omitted and the numbering and back executed in pale green.

Serial numbers on these notes are varying, being the beginning letter, followed by six numbers in the 700,000 class, these numbers being followed by "ft." $10 FEDERAL RESERVE NOTE On the Federal Reserve Bank of Chicago; series of 1928A; check letter face plate No. 35; back plate No. 82; W. O. Woods, Treasurer of the United States; A.

W. Mellon Secretary of the Treasury; portrait of Hamilton. This production is printed on one sheet of paper from photo-mechanical plates of unusually good workmanship. Both face and back plates are one-fifth inch shorter than the genuine and the paper has been purposely soiled to lend to the counterfeit the appearance of- age in some cases. The sharply defined details which distinguish the portrait engraving in the genuine are missing in the counterfeit, and the plate numbers are irregular In formation due to faulty etching.

On these notes the check letters run from A to inclusive and have varying face and back plate numbers. Only two notes have been found to carry the same check letter and face plate number. Close examination of these notes indicate the check letters and plate numbers are imprinted by hand die or stamp after the counterfeit has been completed. S20 Federal Reserve Note $20 FEDERAL RESERVE NOTE: On the Federal Reserve Bank of New York; series 1928; check letter face plate No. 12; back plate No.

154; H. T. Tate, Treasurer of the United States; A. W. Mellon, Secretary of the Treasury; portrait of Jackson.

Printed on one sheet of paper impregnated with tiny silk threads intended to simulate the tibre in the genuine, this production, made from photo-etched plates of good workmanship, is calculated to deceive currency handlers who neglect to examine notes for those characteristic features which distinguish the genuine. In the genuine note the silk fiber 7.5. Excludes Photographs of Vatican Art as Obscene Michelangelo's Paintings of Creation Are Indecent, Customs Critic Rules "The package will therefore he seized and disposed of in due course as provided by law," the letter continued. On receipt of the customs letter, Erhard Weyhe, owner of the gallery, said: "I laughed, I smiied so when I opened it, that I almost had apoplexy. The Pope's own beautiful frescoes, the finest thing in the Vatican Palace, and a customs inspector finds them obscene.

It is the funniest thing I ever heard of." "What is Indecent in these?" Ho NEW YORK. Feb. 14 (A. The United States Customs Service recently banned, as obscene, photographs of Michelangelo's frescoes on the ceiling of the Vatican's sistine Chapel. This ban against importation was made known today with the publication of a letter from the Customs Service to the Weyhe Gallery, to which a booklet of photographs was consigned.

The frescoes are those that Michelangelo painted at the request of Pope Julius II. In this work, that took four years and covers some 10,000 square feet in the Sistine Chapel, the artist painted figures of both men and women in the nude. The letter to the gallery, signed by H. C. Stuart, assistant collector of customs, said that the Importation of the photographs was held to be in violation of Section 305 of the Tariff Act.

free lunches for the 20.000 needy children now being fed in this way. The cost of the work Is $243,000 annually, exclusive of $30,400 re quired to provide the children with transportation. Private subscriptions, said Mr. Thomas, have dwindled so much that It will be Impossible to keep on with the service unless more money is made available. Cases of all traffic violators who pleaded Inability to pay fines on account of the bank moratorium, were continued until after the holiday.

Garnishments, Judgments and all other court settlements will not be collectable during tho holiday period, Prosecutor Harry S. Toy announced after a conference with County oflicials. Loan Payments Delayed Any person having a loan out standing or any other Immediate obligations will be exempt from paying until the moratorium has expired, Mr. Toy said. County Auditor John C.

Cowan, County Clerk Elmer B. O'Hara, County Treasurer Herman R. Lau, Auditors William H. Green, and Ray D. Schneider, and Mr.

Toy met Tuesday morning to shape a policy for the administration of County finances during the week. some S4.5uo.ooo of cjounty funds is on deposit In Detroit banks. The County's payroll of $100,000 Is due Wednesday, along with mis cellaneous bills. The payroll will be met, as far as possible, Dy diarts on a casn surplus. Mr.

iau refused to state the amount of the surplus on hand or Its whereabouts. The County Treasurer was auth orized to issue checks immediately for to meet the payroll of snow shovelers. it was argued that they probably were more in nted of money than any one else. We hope they will not have any trouble cashing them with their grocer," said Mr. Cowan.

"If they have trouble or find that anybody Is discounting the checks, we'll see what the Prosecutor's office can do about Joseph E. Mills, general manager of the D. S. said that the municipal street car company's daily receipts of about $40,000 would be available for cashing checks of City employees. Controller Chester E.

Richtor announced that approxi mately $800,000 in checks would be Issued to municipal employees Wednesday. lax payments, it was announced. will be received in check form, but receipts will be given for the checks themselves and payments will not be credited on the tax rolls until such time as the checks are nego tiable. Constable Service Suspended Constable service was susDended Tuesday because of lack of cash to pay fees. Judge Gerald W.

Groat, presiding In Common Pleas Court, said that executions on garnish ments and judgments would oc suspended until after the mora torium. Circuit judges decided to continue the functions of their courts as usual, meeting as they see tit any case Involving the payment of a fee. Common Pleas Judge Joseph A. Glllis, presiding in the conciliation department, suspended payments on all garnishment proceedings grant ed prior to the Governor proclamation, in which a partial payment plan had been agreed upon. Alimony Payments Held I Circuit Judge Theodore J.

Rlch-ter, hearing divorce cases this month, suspended alimony payments and declared that he would take no action against delinquents during the holiday. Circuit Judge Harry J. Dinge-nian, presiding in the criminal division, said that he would suspend payment in all fines. Prosecutor Toy ruled that persons could enter legally into contracts during the moratorium. Court cases may be started only when litigants have the cash to meet fees, he added.

When Qircuit Court judges met Tuesday to discuss the bank holiday, they discovered that their average pocket cash amounted to $1.42 apiece. Ruefully, they sat around wondering what they would do about lunch and dinner. Judge Solves Problem Presiding Judge Ira W. Jayne solved that. "I've got $35 on me," he laughed, "and will gladly let any of you have a piece of it- at reasonable and legal rates of Interest, of course." Investors In postal savings made for the Detroit Postofflce to get money and the lines before the win dows grew so fast that extra clerks were put to work.

Peter Wiggle, assistant postmas ter and superintendent of finance, advised Washington of the rush got word back from Frederick A. Tilton, third assistant postmaster- general, that the Government was ready to send $5,000,000 to Detroit at once to meet savings withdraw als, money orders and other needs "We are prepared to send this forward by plane if you consider it necessary," Washington ollicials torn Mr. Wiggle. Mr. Wiggle estimated Tuesday withdrawals at $150,000.

Revenue Drop Seen A decrease of approximately $25,000 in collections on the Govern ment internal revenue stamp tax may be expected during the moratorium, William A. Stancil, assistant collector of internal revenue. said. The fact that only certified checks, cash and postolllce money orders are accepted as payment of stamp taxes is expected to result in decreased receipts. other taxes such as income.

nuisance and miscellaneous may be paid without certification of checks. The local revenue oflice will hold such checks until the banks reopen, Mr. Stancil said. Safety Deposit Vaults Open Operation of the banks' safety deposit vaults was uninterrupted by the holiday. Vaults were onen in the Guardian National Bank of Commerce, the First National offices at Cadillac Square, Fort and Shelby and Michigan and Griswold and In the Detroit Savings Bank.

j. rsartoid, Detroit superin-tedent of the Postal Telegraph Cable and Arthur A. Burr, local superintendent of the Western Union, announced Tuesday afternoon that their companies had ar ranged for sufllcient currency to pay In cash all telegraphic transfers to Detroit of "reasonable" mounts. This will enable individuals or firms having funds on deposit in some other state to move them Into Michigan. The service will be available the duration of the bank holiday, barring unforsecn circum- tnnces.

Neither company, however, will asb checks on In-state or out-state banks. J. Henry Pichlcr. mamicer of the Hotel Statler, said that his hotel on Withdrawal Legislature to Act on Bank Relief Continued from Page One or trust business within the Sta'e of Michigan shall not be open for the transaction of banking and oi trust business. Such holidays shall be recognized, classed and treated and have the same effect in respect to such banks, trust companies and other financial institutions as other legal holidays under the laws of this State; provided, however, that such holidays shall not affect the making or execution of agreement or instruments In writing or interfere with judicial proceedings.

"2 Any proclamation issued by the Governor prior to the making effect of this act, Issued to accomplish the purposes set forth In Section 1 of this act, Is hereby ratified. "3 This act Is hereby declared immediately necessary for the preservation of the public health, peace and safety." Public Utilities Commissions Kit F. Clardy, Robert K. Dunn. Harry C.

McClure and Harold J. Waplcs met hastily and promulgated an order extending the period for the payment of bills owed to utilities companies "during the term of the holiday granted by the Governor." The order covers di-counts which would be applicable during this period and also penalties for non-payment. Deposited in Michigan's banks and tied up by the holiday Is a total of approximately $1,510,385,000. Of that about $800,000 is in National banks. $560,978,628 In State banks and $149,407,139 In trust companies, McLeod Bills Ask Food for Children WASHINGTON, Feb.

14 Food for undernourished children in schools throughout the Country would be provided under two bllh Introduced in the House today bv Rep. Clarence J. McLeod, of Michigan. One measure would by the Reconstruction Finance Corp. to cities and states for the specific purpose of supplying hut soups and milk to underfed school children.

Welfare and relief agencies, cooperating with school authorities would be used to distribute the funds. The second measure would authorize an appropriation of for the year for this purpose in the District of Columbia, No Kick Coming MILWAUKEE. Feb. 14-(A. A hotel set up a special seven-foot bed for Prof.

Augusta Plccard. explorer of the Stratosphere, whoa the management learned of his complaint that he cannot sleep in most beds he finds in America Temporary for a Suite 200. Dumber Bldf. 13535 Woodward Ave. Phone: Longfellow 6AT1 NORTHWEST 4th Floor, Wondhrook Bldtf.

5050 Joy Road Phone: Garfield 3102 NORTHEAST W2 Gratiot Ac. above Harper Asc. I'hnne: Whittirr I IHI Mi Jja da however, are being cashed although in some cases Tuesday Stat- ler casn was used to assist guests In buying railroad tickets. J. E.

Frawley. manager director of the Book-Cadillac, said that only non-Michigan checks were being accepted for payment of bills. He said that the Book preferred to charge the accounts of Michigan guests than to take checks. "If such persons were good enough to take checks from, they are responsible enough to be charged," he said. Utility Bills Extended The State Public Utilities Commission ordered an extension of time for the payment of gas.

electric light and other utility bills at a meeting in Lansing early in the day. Ollicials of utilities here said they could see no reason for nmnlifvincr the Lansing dispatch, that the state ment or the Commission spoke for itself, and that their companies would naturally abide by the Commission's ruling. The order specifies that discounts on bills payable during the bank holiday be allowed the day following the end of the holiday. Telephone traffic on long distance calls was so heavy Tuesday, the Michigan Bell announced, that It was impossible to establish connections in some cases inside two hours. Shrine Circus Continues While scores of entertainments and meetings were cancelled.

Tunis E. Stinson, chairman of the Moslem Temple Circus Committee, said that the Shrine would continue to operate its circus two performances daily at the State Fair Grounds this week. The problem of small change worried many concerns. Two drugstores sent clerks into the streets to beg pennies and nickles from newsboys, in exchange for larger coins. A.

R. Cunningham, of the Cunningham Drug Stores, and James H. Crouch, district manager of the Liggett Stores, said that their general orders against the cashing of personal checks would stand. "If the stores were used as banks," said Mr. Crouch, "it wouldn't take long to exhaust the cash on hand." Announcement was made that checks to Dearborn City employees would be issued as usual, but tht each check would be split into several smaller checks so that they could be cashed with greater ease.

Mayor Clyde M. Ford stated that Dearborn merchants -d agreed to accept checks of City employees provided they were In small amounts. Checks to Be Spilt Up At a meeting Tuesday night In the Garfield School, Wyandotte, representatives of Wyandotte's principal manufacturers and merchants accepted Mayor John Clement's proposal that the pay checks due within the next few days be split into $5 and $10 checks to expedite the purchasing of provisions by workmen. Among the concerns represented were the Michigan Alkali Pennsylvania Salt All-Metal Products Great Lakes Steamship Co. and the Detroit Valve and Fitting Works.

Mayor Clement announced that the City would vary its custom of paying by check by giving the employees cash. The cash, he explained, is now in the City treasury. The payroll of Wyandotte's Industries will reach $220,000, Mayor Clement said, and falls due during the coming 10 days. Oflicials of the Western Southern Life Insurance of Cincinnati, arrived in Detroit Tuesday night to make arrangements for cash payment of all checks issued to policy holders. They were sent here by Charles F.

Williams, president of the company, to meet the emergency existing here, J. F. Ruehlmann. vice president of the company, explained. He was accompanied by C.

C. Stavman, treasurer, and A. C. Stevens, assistant treasurer. Courthouse Siege Held by Farmers Stop Foreclosure by U.

S. Land Bank KANKAKEE, Feb. 14 (A A crowd of farmers stopped mortgage foreclosure proceedings in the Kankakee County Courthouse today and forced a master of chancery and an attorney for the Federal Joint Stock Land Bank of St. Louis to agree to their terms. Stopping an action against James Mulligan, aged farmer, the crowd, which was estimated at 500.

milled around the courthouse and obtained a two-year moratorium on payments on the mortgage. The agreement reached also brought a reduction from 7 to 5 per cent in interest on Mulligan's mortgage and a reduction of the principal from $.000 to $5,000. Mulligan agreed to return to the bank the $-135 stock he held. A spokesman for the farmers said that they had assembled at the courthouse "to prevent the sale unless the holder of the mortgage agrees to our terms." Six Men Plead Not Guilty to Federal Court Counts Six men were arraigned Tuesday before Frank Q. tjuinn.

United States commissioner. Two were charged with violation of the customs law and tho other four with violation of the dry law. All were placed under bonds after pleas of not guilty were entered for them. William Roy St. Clair, 35 years old, and Albert J.

Moore, 29, both of 106 E. Alexandrine were placed under bonds of $1,000 each for violation of the customs act. The other four were: Frank Sief-fert. 39. 5518 Field Peter Jm-brunnone, 23, tiii53 Raymond Walter Ruhcl, 32, 15084 Pal ton and Joseph Cacco, 02, 8118 Tire-nian Ave.

4 States Get R. F. C. Loans; Dearborn Receives $69,000 WASHINGTON. Feb.

11-(A. Four states were granted emergency relief loans todav, totaling over by the Reconstruction Finance Corp. Tennessee re-reived Michigan $69,000, Georgia $15,700, and Montana Ail are for emergency work during February. The Michigan loan goes to the City of Dearborn. asked as he displayed another port folio or the photographs that came through the customs some months ago.

The photographs, duplicates of those detained, outlined Michel- Angelo's panorama of the Sibyls, the Prophets and the calves; the portrayal of the creation of the sun, the moon, the stars; the creation of man Adam awakening from his clay. Emergency or less Continued from rage One 8049 W. Grand where pay chpeks imued to its own employees win oe met and cashed between the hours of 11 a. m. and 8 p.

m. tvery day except Sunday. "Employees who desire to cash their Chrysler Corp. pay checks may do by presenting them at that oflice. "The Corporation will continue to meet its payrolls as upual, and will pay the employees by check as heretofore.

No employee, therefore, need have any dilllculty obtaining- cash for checks issued to him for services to this Corporation. "Chrysler Corp. paychecks cashed for employees by neighborhood retail stores hI.so will be honored at the disbursing office referred to above." Alfred P. Sloan, president of the General Motors Issued the following statement: I "General Motors Corp. Is anxious to be In every way helpful in the emergency that has aiixen as a result of the hank holiday.

There- fore, iirranirenieiits have been marie i whereby payrolls when due will be paid in lull, eitner in rush or In I the accustomed manner by check. In the latter event, means will he provided wherehy such checks can be readily cashed." While the plan Is to pay off by check as usual, it Is understood that the Corporation will ship money to cover the checks Into the various plants, so that employees will simply have to go from one window to another to convert the paper Into cash. Employees of the Ford Rouge plant were paid in cash Tuesday as usual, and will be continued to be paid in the same way, company oflicials said. Hudson I'utt In Cash The J. L.

Hudson Co. paid its employees In cash, also, although usually paying off by check. Tentative arrangements to assure its employees of food through the banking ciisis were made bv the Detroit Steel Products Co. Officials said that if any ditliculty was experienced in cashing pay checks Wednesday, employees would be given grocery orders, deductible from their pay. The Brlggs Manufacturing Co.

announced that it would open two cash disbursing stations for its employees Wednesday. The company's statement reads: "tn order that employees of Briggs Manufacturing Co. may be able during the bank holiday to obtain cash for their services, this company has arranged to cash thi'ir checks ut the Mack Ave. and Hign-land Park plants. Cash disbursing otliccs will be opened at each of these plants.

Employees who cie-ire to cash their checks may ao there. "At the Veinor and Meldrum plants the employees will he paid In rash instead of by check. "Under this arrangement our employees will have no dilllculty in securing money. We hope that this plan will he of service to them and their families during the present bank situation." 1'Hckard Makes Arrnngcmenta Hugh J. Ferry, treasurer of Packard Motor Car notified the Free Press Tuesday night that while the next pay day of the company i not until Feb.

25, the company had made arrangements for a hipment of rash from Chicago. Packard ordinarily pays by check; it will disburse cash on the twenty-fifth. The Great Atlantic Pacific Tea operating the A. P. stores, announced through S.

F. Pole, treasurer of the Central West Division, that until further notice member stores of its chain In Mlchican "will recognize personal checks of regular customers In small amounts to provide food for daily needs." Will Pay in Cash "We are arranging to pay all our employees In cash to assist in the circulation of funds." a statement of the company reads, "and we understand that all large employers of labor are arranging to bring In funds from out of the State for a similar purpose. "In gome cases we have developed plans to furnish large concerns with our coupon honks and food certificates which will be accepted by our stores for the food requirements of employees tendering them, "No abandonment of our present policy of accepting welfare orders is contemplated. "For the time being, small venders and sellers of local merchandize to the A. P.

company will be paid in cash." rian Coupon Books) Officials of the Kroger Grocery A Baking Co. said they were attempting to work out a plan to supply coupon books for or $5 in trade to large manufacturers, who In turn could turn them over to employees in lieu of cash. The Kroger company will take checks of going concerns in payment. Albeit H. Morrill, president of the company, said: "The Kroger company will do very-thing within its power to as sist the people of Michigan during the bank moratorium.

The peoples welfare and happiness are idi-nticul with that of the Kroger companv. The company wishes to share their burden as well as their good fortune. It recognizes the wisdom of Gov. Comstock's action despite the great inconvenience. We have complete confidence in the future and atability of the State of Michigan and In the soundness of its banking structure as a whole." Milk companies declared that they were awaiting reports of Tuesday's deliveries before drawing up an emergency program.

Representatives of the leading creameries said they would do all In their power to see that the City Is provided with milk, as usual. "It will be necessary to extend credit In some cases, but until wc have heard reports from conditions fin the routes Tuesday, we will not be able to make an announcement," Harry J. Weigand, treasurer of the Detroit Creamery said. His company serves nearly 70,000 De-troiters. "We are proceeding now according to our customary schedule." The Iia Wilson Sons Dairy Co.

announced that it was accepting I checks in payment of bills "We believe we will he able tn rirvm our customers as usual," I Dairy, said. "We do not contem plate any difficulty. The majority of our customers pay on a weekly or mommy basis, ir there are some who pay by the day and can not meet their payments, it will be up to the driver on that route to determine whether credit should be extended. The same is true in all cases where the customers are hampered by shortage of cash." Officials of thn Borden Farm Products Co. of Michigan declared "they would do their bit as long as physically possible." "When our driver renort on Tuesday's business we will know better what the situation Is," A.

M. Heyboer, general manager of the company, said. "Thus far we have gone on normally." Officials of the Ebllng Creamery Co. said the same. Children Mut Have Milk "No matter what haonens the children must have milk," W.

J. Kennedy, head of the dairy company which bears his name. said. "We will go rleht on as we alwava have. We can't stop.

It will cripple us a little, but we will get through an ngni "if our customers can't cash checks, what will hannen? We don't intend to be victimized by persons who make this situation an excuse for cheating. But if our customers can't pay simply because of this bank holiday, we will have to declare a temporary holiday with them." The Eastern and Western Market did a combined business Tuesday of $54.10. The sum represents weighing charges and day-to-day stall rent. The farmers and others in the stalls continued to do business as usual on a strictly cash basis. Coal Healer Map Plana Coal dealers met Tuesday afternoon at the Detroit Coal Exchange in the Book Tower to map out a program to be followed In tho cash shortage crisis.

"Fuel and food are the two greatest necessities," a spokesman for tho group said after the meeting. "We recognize that fact and our responsibility at this time." The Plttmans Dean Coal Co. announced through Edward J. Beet secretary, that it would continue to extend credit to old customers. Meanwhile a new emergency credit scheme Is being studied.

Industries paying off In mid-month sought ways to minimize inconvenience to their employees. Open Employees' Bank Chrysler Corp. hit upon a unique plan. Tuesday night it threw a force of men into a W. Grand Blvd.

bank building which has not been occupied for many months, put the building Into shape to offer banking service to Chrysler employees beginning Wednesday. Charles D. Livingston, State com missioner of insurance, Tuesday asaeo every insurance company in the Country to honor checks sent by policyholders in Michigan, or to arrange policy loans to cover premi unis. His letter to the companies fol lows "On account of the unusual situ- anon existing in this wtate, I am writing you regarding the life pre miums due during these bank holidays which Gov. William A.

Corn- stock ordered by proclamation. "This Department suggests that any checks sent during this period should be honored as payment of premiums. Asks Longer Grace Period "Tho Slate of Michiimn exneot that any policyholder in your company in this State will he uiven chance to pay his premium either ny premium loan or extension of me grace period until such time he can rearrange his finances. Ow many inquiries, will you "ire uennue instructions to representatives throuc-hniit ihi. oiaie ana forward copies to me, A system of honorinc nrriem nn savings accounts hag been Inaugu- oy me sunny Service Oil Co.

in payment for purchases of gasoline or oil at Its stations, Charles r. Austin, president of the com pany, announced. Instructions sent to me station attendants read "You are authorized to accept or orncrs on savings accounts to the amount of the gaso line or on purchase. The purchaser must present nis drivers license and savings account bank book before such orders will be honnrpH This system will remain in effect until tne banks reopen." Will Open Account ine Oil Co. announced through John F.

Aston, manager, mat it win open new credit accounts for persons having an es-tibllshed credit itinu; in the citv. "We will continue to extend cred it to regular charge customers," B. R. Troctor, manager of the Shell Petroleum announced "In cases where we know the purchaser we also win allow Him to charge nis purcnase. The Sinclair Refining operat ing sunsimary of Consolidated Oil advised all its agents in Michigan that during the banking moratorium, coupon books, eood for all petroleum nroritirts.

would he issued to any responsible resident or tne Mate who was unprovided wun casn as a result of tho emergency. The White Star Refining Co. has taken no definite action, Howard Coffin, president, said, The company accepted no checks Tuesday. "Wednesday we will be in a better position to announce v'--1 program we will follow," Mr. Coffin commented.

"Our action will be dependent upon what steps the banks take." The Standard Oil Co. said that no change in its credit extension was contemplated at this time. The company, officials said, win not curtail credit to present card-holders, but will not honor chec ks of persons not known to the company. Relief Work to Go On Relief work will proceed as usual, Mayor Murphy promised. "There is no reason for relief workers to relax their he said.

"I am confident that we will be able to maintain the usual flow of lo welfare depenneiiU." John K. Thomas, assistant super. Intenclent of schools, notified AVel- tare ollicials Tuesday, however that the School Board' was having To Tide Over This 300 Few Days or Up to 20 Months The facilities ami the resources of Household, America's foremost family finance organization, continue lo he at the service of Michigan's citizens (hiring the temporary hank, holiday. Sums of $300.00 or less, in cash, are available to Household's regular customers and to as many other families as can he accommodated in the vicinity of Household's 9 offices in 11 cities of the stale. No slocks or bonds or cosigners are needed.

Loans are made lo married couples, keeping house, who can make regular monthly repayments. The only signatures required are those of husband and wife. The money may he borrowed for one day or 30 days, or it may he repaid in convenient monthly sums over as long as 20 months. 9 Household, operating under Michigan laws and supervision, keeps its charges as low as possible. 9 For example, the total charge for 00 for the remaining seven days of the moratorium is only 82 cents.

The rale is less on larger loans. You receive the entire amount of the loan. No deductions are made in advance. Charges are made only on the balance due and for the actual number of days the money is kept. Realizing the urgency of the need of many families, Household offices will make every effort to give the most complete and fastest service possible.

scattered throughout the paper Is represented by fine red and blue twists and cuils. In this counter feit, the fiber is straieht for the most part, the thread lines curving oniy aiigntiy in a few places. Like the counterfeits now break ing the numbering is imperfectly applied, some of the numerals hav ing a smeary appearance. This note has appeared with varying oerini numoers. Seeks Aid from Public "The people of the State of Michigan are requested to report immediately to the local oflice of the Secret Service any information pertaining to the name or identity of any person or persons who are engaged In spreading propaganda of a vicious and false nature, regarding the condition of Michigan financial Institutions," Mr.

Brown said. "This includes dissemination by anonymous letter, or telephone calls, literature or public and private utterances. All telegrams or written communications regarding this information should be directed to the United States Secret Service, 610 Lafayette Building. Detroit, or telephone Randolph 6223. Newspapers Held Retailers' Friend Value of Ads Cited by Business Woman Newspaper advertising Is the bread and butter of the retail trade, asserted Miss Mary M.

Murphy, advertising manager of the Ernst Kern addressing the Woman's Advertising Club Tuesday evening at the Seward Hotel. Miss Murphy deplored the fact that, while living in a period in which he creates precedent, the business man is daily confronted with last year's figures to beat Courage, confidence and consistency she held to be the attributes now needed by the merchant. It is not a day for ultra-conservatism and fear of over-spending, she said, because experience has shown that when the people have money they will spend it, and all the campaigns against hoarding are just so much unnecessary effort. Miss Murphv was one of three successful Detroit business women who told the Advertising Club of their business adventures In the year 1932. The other speakers on the program were Miss Acnes Clark, representing the Woman's Home Companion, who is Abbey" of WJR.

and Miss Alice Ballard Hanchette, efficiency organizer for clubs and hotels. HOUSEHOLD FINANCE CORPORATION of America XlA n. TTJNR in itnmKnnr.n MUSIC At MEMORIES and ejksar a. GUKST Vt O.N THE N. B.

C. NETWORK EVEUY TUESDAY AT C. T. OH P. E.

T. DOWNTOWN Till Floor, (iritnnld Bid. 1214 Grisold St. I'hnne: Randolph 4u4n 11th Floor, 1137 First National Hank Woodward Ae. and Cadillac Square Phone: Cadillac On1) 131 W.

Lafavette Blvd. Just wct of Griswold St. 9th Flour, Transportation llldft. I'hnne: Cadillac 63X2 EIGHT DETROIT OFFICES 527 Penobscot 135 W. Fort St.

(Use Fort St. Elevator) Phone: Cherry 3470 HIGHLAND PARK 2nd Floor. Terminal Arcade Entrance Suite 231 14131 Woodward Ave. l'tutnc: l.oniilcllow 2135 Loans mmle in titnuundin limf.

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Pages Available:
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Years Available:
1837-2024