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Newspaper
Choteau Montanan
Location
Choteau, Montana, United States of America
Date
Jun 27, 1924
Page
8
Money left with the bank by the depositor or by someone for him creates a credit in the bank's accounts, increasing the depositor's liability and the bank's assets. The process enables lending and financial intermediation in banking practice.
Bankers report a surge in bank crimes over recent months with yeggmen robbing numerous banks. Montana and Oklahoma rounds resulted in arrests and trials, while nationwide efforts by detective agents boosted arrests and convictions. Members suffered $1,196,000 in losses across 1,609 attacked banks versus $4,250,000 among 2,357 non members.
Jane asks about bonds and considers using wedding gift money. Aunt Emmy explains that public utility bonds are issued by essential service companies and must be well managed. She advises verifying safety over ten years of steady dividends, consulting a banker, and staying informed about the issuer.
A Grandville North Dakota state bank funds dairy cattle improvements for its farmer patrons. It buys purebred sires, ships them to the area, and employs a dairy expert to assist with financing, cattle care, and ration planning. The expert coordinates loans, shelter, feed, and crop decisions to expand diversified farming across its counties.
Walter W. Head of the American Bankers Association argues foreign markets support prices for farm surplus. He warns that eliminating foreign trade would force a long, costly restructuring of commerce and industry and urges restoring a normal foreign market.
A Sing Sing prison heating plan to shut off daytime heat provokes inmates who protest. An engineer pounds steam pipes with hammer and chisel to imitate heat, eliciting a mix of approval and laughter from prisoners as the furnaces stay cold.
After the armistice Italy saw trucks rise as railways faltered and war stocks sold. Now rails improve and motor trucks are being phased out due to gasoline costs. A tire maker estimates about 40 000 passenger cars and under 15 000 trucks are in use.
The Teton County Montana treasurer announces public auction of all real property with delinquent taxes on display in Chateau. Sale to start July 19 1924 at 10 a.m. at the county courthouse yard unless taxes and costs are paid. Delinquent list available for inspection in the treasurer’s office.
Notice from Teton County Montana that registration books close July 12 1924 at 5 p m for the August 26 1924 primary nominating election Electors may register with County Clerk at Chateau or with a Deputy Registrar Notary Public or Justice of the Peace Changes required for electors who did not vote in the last General Election or who moved precinct Publication dates June 6 1924 and July 12 1924
Notice by C G Meadows treasurer of Teton County calls for payment on all registered warrants from several school districts including Teton County High School and districts 1 14 21 26 28 29 36 37 61 63 65 66 68 69. Interest ceases after June 20 1924 and publication dates are June 13 to June 20.
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