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Newspaper
Plainfield Messenger
Location
Plainfield, Indiana, United States of America
Date
Jul 08, 1920
Page
4
The record notes overdrafts secured and unsecured items pledged to secure U S deposits with par value figures. It lists ownership status as owned and unpledged totaling 271724.96 dollars with 156 dollars in another line and a total figure.
Mrs Rosa Jenkins and her son John visited relatives at Center Valley Sunday evening. Paul Bradford spent Sunday with Myron and Marion Cutrell. Mrs Harry Kocher entertained the W O S club Thursday evening.
A. P. Barlow Guilford Township Hendricks County Indiana invites bids for remodeling the former Central Academy School Building in Plainfield. Layton Allan Architect files plans at Plainfield office. Bids due 10:00 a.m. July 29 1920 with required 3 percent certified check. The Trustee reserves right to reject any or all bids.
The piece argues thrift boosts employment by enabling loans to Europe, stimulating demand for American goods. It claims saving funds will be reinvested, creating work domestically and abroad, with high wages and solid interest for savers as America finances postwar rebuilding.
A man in California notes that people give away money by overpaying for basic goods and services. He cites sugar prices, coal costs, and profits of operators and manufacturers as gifts from consumers. He laments luxury spending and compares it to burning money in today’s economy.
Horace L. Hanna announces appointment as Administrator of the estate of Sarah W. Raidabaugh of Hendricks County Indiana. The estate is deemed solvent. Peter W. Raidabaugh is the administrator as of July 6 1920.
The Citizens State Bank of Plainfield Indiana reports for June 30 1920 loans and discounts 240 179 61 overdrafts 565 88 U S Liberty Bonds 22045 50 other bonds 15600 banking house 5600 furniture 2800 due from banks 18209 17 cash on hand 5546 9 345 74 current expenses 8613 67 taxes 1046 27 profit loss 5055 15 7 total resources 319 971 22 liabilities capital stock 25000 surplus 25000 undivided profits 5178 64 exchange and fees 7496 58 demand deposits 220156 63 certificates 26853 44 total liabilities 319971 22 sworn by John M Brown president on July 7 1920 notary Horace L Hanna
The Stuart Walker Company premieres Temperamental Henry next week at the Mural. Samuel Merwin adapted two Henry stories for stage, with Elliott Nugent in the lead and a strong supporting cast. The production, supervised by Walker, features special three act settings by Frank Zimmerer.
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