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Show THE SITUATION1 A world declining market exists;, everything ev-erything is shrinking. The deposits In the banks are not excempt from the same law. The Federal Reserve Bank has issued is-sued a letter, that after a careful survey sur-vey of all conditions, it predicts that bank deposits will shrink from 20 to 30 per cent within the next few months, and that no relief can be expected until after harvest time. This means a general slow-up of business; light loans; small demands on the banks for accommodations; prudence in management. And, above all, your banker cannot take care of you as liberally as you may wish. Despite his wishes to do so, yet he can not; It is physically impossible. |