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Newspaper
Brady Standard
Location
Brady, Texas, United States of America
Date
Feb 02, 1954
Page
3
Brady Land Co announces purchase of Brady Loan and Investment Co business, taking over insurance and land operations. They will continue the former firm's lines and occupy its offices, inviting friends to call. Other notes mention local business moves, dam rights on Brady creek, and staff changes.
Frisco wheat and Alamo oats are among the newest grain varieties highlighted by the Texas Agricultural Experiment Station. Alamo oats resist stem rust and suit fall planting in the south or spring planting in the north, while Frisco wheat offers early maturity and high rust resistance but limited by race 15 B of stem rust. Seed availability follows the 1954 harvest.
The effort focuses on boosting yields of small grains and cutting virulent rust risks, aiming to raise Texas grain and pasture potential and deliver long term dividends to the industry.
Mercury schoolhouse event draws large crowd to raise funds for the March of Dimes. Community members attend social hour, supper, and auction to contribute to the cause totaling 106 dollars. Local updates include health news on Loyce Dale Jordan and condolences for Dewey Pence, with scattered family visits and gatherings in Brady and surrounding areas. Funeral plans for Uncle Tom Criswell noted for Cowboy Cemetery.
Federal Home Loan Bank of Little Rock reports Texas savings in 151 insured S and L associations rose to 622,135,922 on December 1 1953, up 134,629,000 or 27.6 percent for the year. Depositors totaled 10,870,000 with 44,520 more savers than a year ago as accounts benefited from $10,000 insured status and rising home finance activity.
In 1953 Texas associations made 39 337 loans totaling 210 475 316 to help construction purchase refinancing and reconditioning of homes. New construction loans were 7 745 totaling 60 704 581 and purchases of existing dwellings 12 996 loans totaling 78 137 145. Associations ended the year stronger with 85 468 642 in cash and government securities, up 31 2 percent from a year earlier, and January savings remain robust.
Phil Olian of Dallas, a Brady native former Brady resident, spent last Saturday on business. He is the brother of Mrs. Henry Zweig of Dallas, also formerly of Brady, and while here he looked after Brady rental property interests.
Ronny Young argues fair play pays off and recommends readers support McLean's Sporting Goods to back honest competition and community sports.
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