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Newspaper
Camden Record News
Location
Camden, Indiana, United States of America
Date
Jun 13, 1935
Page
3
An article contrasts old fairy tale plots with modern routines where fruit and food scarcityfade through canned goods. It traces canned foods from Civil War era needs to today, highlighting variety, quality, and convenience of preserved vegetables and fruits for housewives and cooks.
Businessmen and bankers told Congress that the proposed Banking Act would centralize power in the Federal Reserve Board, enabling political influence over credit and bank operations. R. S. Hecht of the American Bankers Association urged an independent board free from partisan control to safeguard depositors and the economy.
The group argues reforms should keep the Federal Reserve Board nonpolitical and independent. They say the board must balance public coordination with financial policy aimed at all people, free from political and banking pressures to stabilize the economy.
The Reconstruction Finance Corporation advanced 1.86 billion to banks and trust companies by April 30, 1935. Banks repaid at least 1.34 billion, about 72 percent, a higher rate than any other borrower type. CFA loans totaled 2.35 billion to 7,396 banks. 345 million withdrawn or cancelled and 140 million unused.
Bank Management Commission of the American Bankers Association outlines plans for simplifying checks notes drafts and related instruments. Detailed recommendations formed a decade ago and were promoted by the Commerce Department leading to about 85 percent adherence. The new bulletin restates standard specifications to maintain high compliance.
The retirement of national bank notes is removing about 800 million dollars from circulation. Deposits in the Treasury of lawful money rise to replace bonds backing these notes, a process that will take time. The currency shift will require banks to adjust funds, but the disruption is expected to be minimal for such a large move.
Hudson and Veorraplane sales rose sharply in May with week over week gains and a 3 percent rise in the last week of May the best since 1900. For the first five months Hudson and Veorraplane totals are 20.7 percent ahead of last year driven by strong regional performance in the Hudson territory and national impact cited by Mys Snoeberger.
The Delphinium II club met at the Library on Wednesday afternoon with thirty one members present. New members Rosemary Smith Getty Smith and Margaret Ramey joined. Work books and record books were distributed and several volunteers agreed to give demonstrations at the next meeting.
About one hundred persons attended the Madison two Farm Bureau gathering at New Hope school building on Wednesday evening. Frank Ann from the Indiana Farm Bureau spoke on the Grain Marketing program and Deer Creek township presented their play The Calamity Howler. Refreshments followed the event.
Deer Creek Farm Bureau will meet in the Delphi Library Monday evening June 17. A state speaker will discuss the Grain Marketing program. Garrellton road players will present the one act comedy The Calamity Howler with cast including Sam Dickleworth Pickle Robert Landis Maggie Pickle Mrs Rolet Landis Victor Detwiler Paul Disinger Herbeth Jones Marjorie Scales Phyllis James Ferm Doeden Jane Brooks Anita Doeden Sheriff Peter Herman Landis.
Notices describe Mrs. Jesse Zook visiting near Indianapolis and Mrs. Ted Shanks and sons from New Albany, plus Mr and Mrs Rt H Fessler returning home after visiting Dr and Mrs C L Wise. Fidelis class held an ice cream social at the Doyels. An article on painless death appears in The American Weekly.
We thank our relatives and neighbors for the kindness and deeds shown during the illness and death of our husband and father. The family expresses gratitude for the flowers and support from Mr Me Va and children.
The piece discusses Joan Crawford in a new Crawford fashions showcase opening at the Logan Theatre. It notes the style aims for Park Avenue debutante flair with fabric and cut reflecting Crawford’s persona. Also mentions Adrian’s emphasis on character-driven wardrobe and several local social notes.
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