Show huff DEPOSITS MUK or DANN I 1 no restrictions placed on husal operations Hoar dings out licenses to reopen wednesday Wednes dav were received by the Richi lei d commercial and savings bank monroe state bank state bank bani of salina and the state bank of wayne no restrictions were placed on banking operations except as to payment of gold and gol 1 certificates savings withdrawals withdrawal subject to pass book contract officers of these banks were held responsible for withdrawal of currency for per the presidents executive order while the james 11 Peter peterson sor bank a member of the federal reserve system had not opened ye on thursday the delay is attrib attribute ut ed to certain special regulation governing banks of this 1 and also to the fact that application for a license was not sent from salt lake city until mon day morning instead of the previous 1 saturday morning as was th case in most of the other banka of the state the following statement appeared in the salt lake tribune thursday morning the two national banks the first national bank of nephi an I 1 the first national bank of pax part city and the two state ban members of the federal reserve system the gunnison valley bank of gunnison and the james peterson bank of richfield which were not licensed wednesday are not closed but are continued on the holiday imposed by the proclamation la of president roosevelt efforts are being made by the officers of these institutions to determine what will be required by the treasury department and th tha federal reserve system to permia bermi reopening action looking lowarl unrestricted operation of thess these banks is expected within 43 hours both the richfield commercial savings and the monroe state banks reported heavy excess 0 deposits over checks pre against accounts on the day this was generally true cf banks all over the state which indicates an encouraging return c cf confidence each of these tw local banks had several thou thousand sari I 1 dollars more in cash at the end of the day than they had when the banks opened in the mornine morn mornin there were several instances of OC money being taken out of hoarding for deposits some of th tha i was in gold and a great deal wai wa in the old large series of burrene cur which bad not been in circulation for years the following regulation was issued to all banking institutions under date of march 10 no banking institution permit any withdrawal by an person whom such acting in good faith shall deem that the withdrawal is intended fo hoarding any banking institution before p permitting er the withdrawal of large or unusual amounts cc currency may require from th tb person perso n requesting such withdraw al a full ful I 1 statement under oath or of the purpose for which the currency is requested As the nation resumed practically an y normal banking operations newspapers carried the following 1 oti headlines ab bull ua I 1 marked mark adds billions to V U S stocks issues up tip 3 to 11 points as dav of confidence hits wall street mine trades jump prices leadin issues further advanced advance ed i lead gains 20 points curb P prices rices rise sharply buoyancy ren ini scent 0 of f bull market days or 1929 bonds stage great rally wheat soars in winnipeg food prices up in chicago opening of market revives trade flour up 20 cents a barrel |