Dollar Dust Banks Lend Capacity Grows Amid High Loan Deposits
The Fed in Business Conditions reports banks can lift lending if credit needs rise, noting loan-deposit ratios mask liquidity. Large banks show greater capacity than small ones as short term government securities holdings rise to 21 billion dollars since 1954, aided by inflows and maturing issues. Amortized loans gain importance, aiding liquidity.
MENTIONED IN THIS ARTICLE
Federal Reserve Bank of Chicago
Treasury
Federal Land Bank
Federal Funds
Reserve Bank
LeMars Daily Sentinel and Local Finance Notes
LeMars Daily Sentinel, the official city and county paper published weekdays, serves Le Mars and Merrill. Notices include rates and delivery details while also featuring a discussion of banking liquidity and loan demand expectations from the Federal Reserve System and commercial banks.
Local notes from Granville area events and births
Granville and nearby residents share a week of family news including adoptions, weddings, and newborns. Mr and Mrs Joe Konz welcomed a two month old son Daniel Gerard. James Pick of Remsen welcomed a daughter at Sacred Heart Le Mars. Eta Kappa Nu inducted 18 Iowa State electrical engineering students including James Ney son of Mr and Mrs Lawrence Ney.
MENTIONED IN THIS ARTICLE
Granville
Cyril Their
Rushmore
Minn
Rose Ahlers
Joe Konz
Germaine Heying
Daniel Gerard
L. Hammond
Montrose, Colo
Reynold Wagner
Denver
Clifford Neuroth
Ogden
Utah
Joe Spieler
Beaver Dam
Wis
J. A. Neuroth
Charles Neuroth
Jean Oberreuter
Danbury
James Pick
Remsen
Sacred Heart Hospital
le Mars
Nick Haupert
Michael Nitchel
Fort Sam Houston
Arnold Muehl
Clarence Ricke
Henry Ricke
Lloyd Penning
Hinton
Vincent Penning
Gehlen Chorus Presents Handel Messiah on Sunday
Gehlen High School Mixed Chorus under Sister Miriam Elizabeth performs excerpts from Handel's Messiah on Sunday evening December 17 at eight. The program includes soloists Nancy Roddy Mary Kaye Luedtke Stephennie Stopak Tony Hames Dennis Overmiann John Kelley and a full chorus with robes. Accompaniment features two pianos and a bass viol.
MENTIONED IN THIS ARTICLE
Gehlen High School
Miriam Elizabeth
John Kelley
Freshmen Face Sioux Center in Dec Event Lineup
Local calendar lists events for December including freshmen vs Sioux Center on Thursday. A Christmas program for grade school follows on Friday followed by another program Sunday at GéMén gym at 8:00 p.m.
MENTIONED IN THIS ARTICLE
Sioux Center
Gehlen Hosts XCS Group Regional Meet
The Gehlen Young Christian Students chapter hosted the first regional meeting on Friday December 8 drawing eighty six students and ten adult leaders from four Sioux City parishes plus Remsen Granville and Cherokee. Guest speakers Fr Gerald Hartz and Miss Julie Hayley attended with David Mayrose giving the welcome. A get acquainted period followed by a discussion led by Fr Hagan and a social hour concluded the day with a hymn to Our Lady. Another YCS Day is planned for next spring.
MENTIONED IN THIS ARTICLE
le Mars Gehlen Young Christian Students
Sioux City
Remsen
Granville
Cherokee
Gerald’ Hartz
Julie Hayley
St. Joseph Parish
David Mayrose
Gehlen
Hagan
Y. C
Gehlen Freshmen Fall 42-40 To Calumet In Thriller
Gehlen freshmen edged by Calumet 42 to 40 in a close home contest. Bob Dull led scoring with about 20 points as Gehlen trailed by one at halftime and faded in the final minute.
MENTIONED IN THIS ARTICLE
Gehlen
Calumet
Bob Dull
Jays Fall to Central Lyon In Season opener report
Central Lyon defeated the Jays 64 to 48 as a close first half gave way to a 44 to 28 third period deficit. Ron Wiltgen scored 27 for the Jays while Dan ish led Rock Rapids with 17. The B game went to Central Lyons 38 to 24 and Harris topped Rock Rapids with 8. Next, the Jays travel to West Sioux on December 12.
MENTIONED IN THIS ARTICLE
The
Jays
Central Lyon
Gehlen
Lyon
Ron Wiltgen
Rock Rapids
Central Lyons
Harris
Olson
West Sioux
Birthdays for Catherine Huckle and Mary Waldschmitt
Catherine Huckle celebrates a birthday on December 13 and Mary Waldschmitt on December 16 with best wishes from family and friends.
MENTIONED IN THIS ARTICLE
Catherine Huckle
Mary Waldschmitt
Chocolate Drive Returns Next Year
Gehlen students raised funds for a new school bus by selling chocolate bars. Classes competed by home room, with top earners rewarded: 50 for the greatest percent over goal, 30 for second, and 15 or 10 for top sales in the school and home rooms. Final tallies show juniors 151 percent, sophomores 205 133 percent, sophomores 203 141 percent, freshmen 201 121 percent, freshmen 206 117 percent, seniors 61 percent. Mary Sparks led freshmen with 373 bars. Tom Schafer led seniors with 50 bars. Rose Ann Kurtzhals led juniors with 187 bars. Madonna Wells led sophomores 208 with 80 bars. Barbara Casteel led sophomores 205 with 70 bars. Nancy Haack led freshmen 208 with 94 bars. Mary Sparks led freshmen 201 with 878 bars. Thanks were extended to win ners, ice chocolate captains, teachers and students.
MENTIONED IN THIS ARTICLE
Mary Sparks
Tom Schafer
Rose Ann Kurtzhals
Madonna Wells
Barbara Casteel
Nancy Haack
Cehlen Aire Names Editorial and Staff Roles
The Cehlen Aire lists staff editors Shirley Groetken and Donna Wittkop with reporters Mary Kay Luedt ke Joan Wendl Rose Kurtz hals Bob Dull and David May rose. Lloyd Kolker serves as sports writer and Stewart Sto pak as photographer.
MENTIONED IN THIS ARTICLE
Shirley Groetken
Donna Wittkop
Mary Kay Luedtke
Joan Wendl
Rose Kurtzhals
Bob Dull
David Mayrose
Lloyd
Kolker
Stewart
Stopak
Also Mentioned on This Page
Federal Reserve
LeMars
Iowa
Act of Congress
Chan and
Carter Pitts
Chan Tilt
Flrst St. N.E
le Mars and Merrill
Daily Sentinel
Cisco
South Dakota
Nebraska
Minnesota
This
Fresh Film
Lovely Rexall Drug Co
Minnie Wilde Kruse
Laurence Wilde
Third Ave
Sale
Crosley
Hoover
LE Mars Savings Bank
Walt Erickson
Auct
Sentinel
Father Alvey
Mary Kay
Gehlen’s
Handel
Father Nooney
Father Friedman
Messiah
Joe Sheehan
Mary Wald
Miriam
George
Kathleen Sitzman
Tony Hames
Gehlen High
Cehlen-Aire Staff