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Newspaper
Ottawa Herald
Location
Ottawa, Kansas, United States of America
Date
Apr 17, 1957
Page
4
HAL BOYLE reports from New York on Lou Modell, the pawnbroker dubbed the pawnbroker’s pawnbroker. He notes women dominate pawning, with 60% of clients, often divorces and wealthy wives pawning jewels for new purchases. The piece cites tax season as his busiest, confidentiality valued by executives, and pawnbroking as a nationwide cash industry.
The article notes a shift in local finance with small loan firms expanding due to high rates and low overhead, drawing trade away from established lenders. Lou emphasizes high income clients as most profitable and rejects foreclosure as a growth model, citing jewelers as the main clientele. The segment then lists a flux of community notices, visits, and social events across Topeka and nearby towns.
The Richmond area notes a busy round of visits and health updates. Local residents attend funerals, hospital stays, and family gatherings with extended family in Ottawa Kansas City and Topeka. A bridal shower honors Jona Roeckers and Sandra Redick and Isley Roeckers plan a Ruhamah Baptist church wedding near Rantoul.
An unidentified taxpayer mailed a letter with a dollar attached to the Bureau of Internal Revenue in Burlington Vermont. The note asked for confirmation of a 1956 income tax return that the writer could not locate. Officials returned the dollar with the response.
The notice states that tips cannot be accepted. It adds that investigators will search for the missing return once the files are updated and brought up to date.
Terre Haute police mistaken a scene on U S 40 for an injury after a truck driver saw a boy with a bloody face. Officers determined the substance was plum jam, not blood, eliminating a medical emergency.
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