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Show LOCAL BANK OPENS; BIG NETJNCREASE "Business as usual but better," I is the story told by indisputable facts, and figures given a News representative representa-tive by officials of the Milford State bank at the close of business yester- j day (Wednesday) first open day, for state banks following the twelve-1 day state and national banking holi-! day which went into effect Friday morning, March 3, by proclamation of Governor Henry 11. Blood, followed follow-ed by the national proclamation of , Governor Franklin D. Roosevelt. Fx-1 cept for a larger amount of business transacted, the reopening of the local ' bank differed in no noticeable par- : ticular from any Tegular Monday opening after a Saturday-to-Monday closing. With no local or state re-; strictions in effect and no occasion to invoke the national prohibition against the withdrawal of gold, as laid down in a proclamation issued ! by President Roosevelt, the spirit of , I patrons of the Milford bank was ' friendly and optimisic throughout : : and local business men, without a j single exception, take the situation j as auguring for a decided and steady j I upturn of business and are making! I their plans accordingly. ! ! Deposits for the opening day a-! a-! mounted to $24,!l0t.05 and clearings j totaled $11,432.64, or a net gain ef ! $13,473.41 for the day's business. Xotwithstanding the fact that yes-: j terday was pay day for our many railroad employes, payroll checks amounting to a bare $3000 were cashed the smallest pay day cash withdrawal in years! Though the local bank has a right to demand six months notice of withdrawals with-drawals against savings accounts, this right has never been exercised nor will it be, insofar as present in-j in-j dications point. The money is there, ; however, for any and every depositor, but it is not likely that there will be any withdrawals to speak of, inasmuch inas-much as the local bank is considered to be one of the strongest in the j state. ! |