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Newspaper
Sidney Telegraph
Location
Sidney, Nebraska, United States of America
Date
Feb 21, 1936
Page
3
Nebraska livestock valued at 219,065,000 dollars, up 79 percent from last year, with total head 7,383,000 on farms. Cattle numbers near steady. milk cows strong, swine expanding in price and head. Horses down. sheep up. swine show notable growth in fall and spring crops amid lower prices previously.
Charles McCumsey, executive vice president of the Federal Land Bank at Omaha since September 1934, will become president May 1. Directors elected him to succeed D. P. Hogan who plans retirement. McCumsey brings over 20 years in agricultural finance to head a structure with more than 500 million dollars in farm mortgage loans across Iowa, Nebraska, South Dakota and Wyoming. He began with the Federal Farm Credit system in 1924 as examiner for the Federal Intermediate Credit Bank of Omaha.
Sidney Lady Rates High Mrs. Genestia Flora of Sidney is one of nine Midland college students who received perfect scholarship quotients of 4 to top the school's scholastic honor roll for the first semester. Dr W F Zimmerman Midland's dean noted scholastic standards are now the highest in the school's history yet 13 men and 27 women earned places on the first semester honor roll. He adds this, plus the mood of students, indicates young people today are more serious in their search after education.
The individual joined the War Finance Corporation before moving through farm credit posts. He held livestock loan and country banking experience, became assistant manager of the Federal Intermediate Credit Bank in 1926, was manager in 1929, and president in January 1934. In September 1934 he was elected executive vice president of the Federal Land Bank, both banks under the Farm Credit Administration.
FDIC first estimates for 1935 insured banks indicate total average daily deposits near 41.629 billion dollars. For 14 208 member banks, six month insurance assessment totals 17.345 million dollars. Except for 210 banks, deductions were from FDIC credit standing after the temporary insurance fund ended August 23.
The text notes an exhausted total of about 4.7 million dollars as the present assessment, calculated from average daily deposits for October, November and December with deductions for items in collection and other allowances. The next assessment due from insured banks will be payable on July 15.
Nebraska state government plans an average contribution under 2.50 per month for direct relief over 17 months as counties struggle to raise funds after federal withdrawal. The report cites Cheyenne County at 102.16 per case, statewide figures around 40.28 per case for now and notes allocations depend on population.
Sidney high school cagers edged Alliance 20 to 19 in a hard fast rivalry game. poor shooting marred the Maroons despite late rally as Crosby and Hengl led Sidney with three baskets each while Willson starred for Alliance with five of seven. rebounding and guard play dictated a tense finish as Sidney clung to the lead after a see saw final period. The win ends Sidney’s season next Tuesday against Chappell with Gurley reserves handling Scottsbluff in earlier showdowns.
A concise quip noting that taste varies and what one person discards becomes another's delicacy. The line plays on luck and the circularity of preference, implying varieties in opinions and choices.
Mr and Mrs George Messing were Dalton visitors Tuesday. Mrs L H Ross and children and Mrs Melvin Simpson and son spent Tuesday at John George’s. Mr and Mrs J F Moseman and family of Sidney were visiting H J Elsen Sunday. Harvey George stopped at Pete Lenzen’s Tuesday morning. F Chapman and H J Elsen visited George Messing Thursday. Bill and Harvey George spent Wednesday at H J Elsen’s. Conrad Messing left for Shelby last Saturday. Many from the vicinity attended John Desre machinery show in Sidney Monday. Henry Koester returned Sunday from Columbus and left his car for the train due to deep snow. Bill and Otto Busacker called on H J Elsen Friday. H E Witters and sow ground feed for John Fasten Thursday. E C Brauer cut his hand topping cane last week. Telegraph Wantads Get Results.
A collage of farming tips and ads notes include Farm-all repairs totaling 11.60 for 1930 how-to details, a 22 36 tractor purchase, sleeves and pistons pricing, and a life-time parts guarantee from International Harvester. Also listed are used machinery bargains and a corn grader priced at 14 dollars.
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