Ford's Bank

The rumor that Henry Ford contemplated entering Wall Street by purchasing some large bank there has perished under malnutrition of facts. Yet it is not generally recognized that Mr. Ford is already a bank president. For some time he has headed the Dearborn State Bank of Dearborn, Mich., while his secretary, E. G. Liebold, functions as its Vice President and Director.

Ford's bank has still to attain exceptional size. Last year its total deposits were $2,250,000, of which about $900,000 were commercial deposits subject to check. Undoubtedly Ford has an account in the institution. Yet it cannot exceed $1,350,000--and probably is not that large.