Occupy Wall Street

(The New York Times, 17 October 1931)

Bank managers across the nation met Friday to establish new standard business hours to help cope with the country’s new financial needs. The new hours, effective immediately at most major U.S. banks, will be: Monday through Friday, closed; Saturday, closed; Sunday’s closure for holy-day observance will remain unchanged. The banks plan to return to their former hours in 1936, with notices of resumption to be delivered at that time.

“We apologize for any inconvenience our new hours might cause anyone, but we’re certain that with a little time, everyone will be able to make the adjustment,” said New Jersey Citizen Bank President Henry Frigger. “Thank you for your cooperation.”

The new hours were posted on Citizen Bank’s doors, alongside a poster decorated with a fanciful cartoon bear in a top hat and tails, and the words, “Please ‘bear’ with us!”.

“We ask that everyone please be patient through our schedule adjustment,” said smiling bank secretary Harriet Kincaid, as she pulled blinds to block the view of the crowds outside.

Other bank tellers and clerks hurried about Citizen Bank, putting dust covers over the furniture and office equipment, while some reinforced the windows and doors with nails, wooden planks, and steel caging.

Worried account-holders attempting to place telephone calls to the bank were greeted with an automated message in lieu of an operator’s voice. The message stated that, although the call was important to Citizen Bank, switchboard operators were unable to speak at that time. The message was followed by a recording of the popular tune “Yes, We Have No Bananas”.

While many may be inconvenienced by the change in hours, Mr. Frigger said plenty of customers may still be able to withdraw money in times of need. “If your last name is the same as mine or my wife’s before marriage, I may be able to make an appointment for you outside our normal business hours. Such customers should come round back and slip a request under the door.”

In the meantime, Mr. Frigger said bank staff will be”doing a lot of remodeling, painting the front lobby, and attempting to locate approximately $900,000 in cash.”

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