Lanking Returns Toward Normal
Banks rapidly resume a self sustaining base as 64 percent of Reconstruction Finance Corporation loans for railroads, agricultural, home loan agencies, and others have been repaid. The RFC data through February 1932 to March 1932 shows $4.736 billion advanced. banks received $1.520 billion and repaid $820 million (54 percent). Non banking borrowers repaid 12 percent. building and loan associations 47 percent. insurance companies 89 percent, with banks leading repayments among major financial groups.
MENTIONED IN THIS ARTICLE
Reconstruction Finance Corporation
R. F.C
R.F.C
Insurance Companies
Bank Loans and Business Recovery Progress Report
The American Bankers Association Journal cites Federal Reserve data on 1932 33 direct loan experiments. Of 1 286 applicants at New York Fed only 14 received loans totaling 1 417 000 with 806 000 actually funded. Receivership followed for two borrowers. The piece notes commercial banks eventually supply credit and that lending lags behind business activity as in England’s recovery.
MENTIONED IN THIS ARTICLE
Federal Reserve Bank
Federal Reserve
New York Federal Reserve Bank
American Bankers Association Journal
New York Times
England
County Key Bankers Promote Agricultural Improvement
The Agricultural Commission of the American Bankers Association led by Director D A Otis highlights 2600 county key bankers forming a strong force for agricultural progress. They emphasize banker farmer tours to connect bankers farmers and business leaders with practical methods and foster contact and idea exchange.
MENTIONED IN THIS ARTICLE
Agricultural Commission of the
American Bankers Association
D. A. Otis
Equality
Evans family visits elders and locals in Plumville region
Merle Stiteler and son visit Mrs. Anna Irwin in Evans City. Eva Mae Stiteler returns home with Curt Good and family from Wilkinsburg. A large group from near Goodville visits Mrs. Taylor Good. Phoebe Warren Missionary Society meets at Lola Fulton’s home. Rural carriers report very poor roads and long walking days. A daughter weighing nine and a half pounds is born to the Stark family. Indiana shoppers include David Edmunds and Lola Fulton.
MENTIONED IN THIS ARTICLE
Merle Stiteler and Son
Evans ‘City
Anna Irwin
Eva Mae Stiteler
Curt Good
Wilkinsburg
Win
Good
Aleen
Edith
George
Frank Hoover
Qoodville
Taylor Good
Elda ‘Stibler
Plumville
F. C. Uncapher
Phoebe Warren
Town Gossip and School Notice from Armstrong County
Tuesday visitors include Mrs Tillie Frailey at Ralph Ramer home and Mrs Ralph Ramer visiting Elderton. Tax justice league meets May 2 at Truby school house. Grace Johnson called on Jay Henry. Janet Ramer recovering from mumps. Plum Creek township exam set for April 21 at Widerton. Kimmel school ends term. perfect attendance earned by Mary Wimmer Martha Henry Ralph Henry and Galen Kimmel.
MENTIONED IN THIS ARTICLE
Tillie Frailey
Ralph Ramer
Arthur Altman
Elderton
Tax Justice League
Truby
Grant Fleming
Bradford
Nettle Fleming
Grace Johnson
Jay Henry
Murray Ramer
Janet Ramer
John Keeler
Plumcreek Township
Armstrong County
Widerton
Kimmel School
Mary Wimmer
Martha ‘Henry
Ralph Henry
Galen ‘Kimmel
Families Gather for Weekend Visits and Outing
Mr and Mrs Clair Gibson and daughter Jeanne host relatives from Pittsburgh and Gibson families. Clyde Gibson and four children plus Carlie Gibson join from DuBois. Howard Williams visit from Indiana. L R Wider and daughter Panny attend a show in Indiana. Ethyl Raleigh from Indiana visits L R Elder. D W Oberlin and J C Lemmon depart for fishing trip. John Bish of Punxsutawney stops in on business. Roy Spot and family from Indiana spend weekend with Ford Ferrier.
MENTIONED IN THIS ARTICLE
Clair Gibson
Jeanne
Clyde Gibson
Carlile Gibson
Pittsburgh
Howard Williams
Indiana
William Gibson
Carl ‘Piter
DuBois
L. R. Wider
Panny
Ethyl ‘Raleigh
L.R. Elder
D. W. Oberlin
J. C. Lemmon
Aishing
John ‘Bish
Punxsulawney
Roy Spot and Family
Ford Ferrier
Family visits span towns from Pittsburgh to Vandergrift
Mrs. William Downey and son Harry visit her daughter and son-in-law Mr. and Mrs. Paul Blue in Pittsburgh. Harry Miller and family spend weekend with son Carl in Vandergrift. Wm. Scott of Clearfield visits his son-in-law and daughter Mr. and Mrs. Frank Kirk. Mary Kinter of Tidbute visits with her parents Mr. and Mrs. Watt Kinter. Harold Gray and family near Five Points visit Chas Brady’s. Dr. Mahan’s Pittsburgh family spend weekend at their summer home here. Howard Brady and family of Sharon visit Chas Brady’s. F B Wirk’s family were Saturday callers in Indiana. The Progress and Pittsburgh Peat-Gazette to R. D. readers.
MENTIONED IN THIS ARTICLE
William Downey
Harry
Paul Blue
Pittsburgh
Harry Miller
Carl
Vandergrift
Wm. Scott
Clearfield
Frank ‘Kirk
Misa Mary Kinter
Tidbute
Watt ‘Kinter
Harold Gray
Five Points
Chas
Brady
Address change notice for Indiana Progress readers
The Indiana Progress warns readers to send address changes directly to the publication one week before they take effect. The Post Office will not forward incorrectly addressed mail and second class mail will not be forwarded. Readers must notify the paper directly of any address errors and provide one week in advance for changes.
MENTIONED IN THIS ARTICLE
Post Office Department
Indiana Progress
Tadlyoa
Penna
The Rich Young Man and the Call to Stewardship
A sermon outline on Matthew 19 and Acts 20 35 exploring the young man’s quest for eternal life, his mistaken notions about Jesus and self, and Jesus’ challenge to sell possessions. It discusses wealth’s danger, the road from wealth to humility, and the rewards for following Christ including eternal life.
MENTIONED IN THIS ARTICLE
Jesus
Tuler
Darnest
Christ
God
Kingdom of
Heaven
Judas
Mzek
Trust and childhood faithfulness in a world of kindness
The passage reflects on childhood trust as a precious trait that fades with experience. It contrasts the hopeful view of an optimistic child with the harsher view formed by encounters with faithlessness or cruelty, noting that imagination shapes one’s perception of the world.
Also Mentioned on This Page
Reconstruction Finance
Bmicksburg
Plum Creek
Rochester Mills
Chambersville
the Progress and
Pittsburgh Peat- Gazette
R. D
Rev
Fitzwater
Moody Bivie Institute of Chicago
Western Newspaper Union
Our
Indiana County
Big Six
Pictorial Review
Country Home
Household Magazine
Poultry Tribune
Woman’s Home Companion
Progress Pathfinder
Pennsylvania Farmer
McCall's Magazine
Indiana Progress Country Home Breeder's Gazette
Indiana Progress Pathfinder
Poultry Tribune Country Home
Science & Mechanics
Indiana Progress Pictorial Review
Silver Screen
Pennsylvania
Country Home Delineator Magazine
Progress Country Home Breeder's Gazette Poultry Tribune
Woman’s Home
Better Homes & Gard Pictorial ‘Review
Iens
Indiana Progress Breeder’s Gazette
Progress
THE
Indiana Progress and Pittsburgh Post-Gazette
Post-Gazette
American Home
Pathfinder
Parents
Better Homes & Gardens
Delineator
American Boy
Etude Music Magazine
Woman's Home Companion
Household
McCall’s Magazine
National Sportsman
Needlecraft
Christian Herald
Collier’s Weekly
Life
Tasu
Pittsburgh Post Ga
Red Book
Science & Mechanic
Screenl
Woman's Home Cor
Wonder Stories
Indiana, Pennsylvania
Post Office
R. Fa
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