Babson Prefaces Cautious Outlook On Stock Crash Possibility
Babson forecasts a coming business downturn but argues it will not mirror the 1930s. He estimates seven billion NYSE and AMEX shares, analyzes holders, and suggests cushions and compound interest reduce crash risk, noting government policy and market structure limit panic. He also outlines shifts in farming toward larger two man operations and mechanization.
MENTIONED IN THIS ARTICLE
Babson
Bason Park
Mass
United States
Congress
Washington
Kennedy
Senator Goldwater
John Birch
SEC
Northwestern
Illinois
Byron Hutchins
Carrol County
University of Illinois
Pete
Dad
Carroll County
Not Guilty Verdict Looms in Manslaughter Hearing
Judge directs not guilty verdict Tuesday in manslaughter case involving Noel P. Erdmier a Carroll county sheriff candidate born in Shannon long time Mt. Carroll resident and Republican precinct 1 committeeman. Erdmier a former Illinois highway employee and former minor league player is married with five children including S Sgt Allen Erdmier stationed in Germany and residents of Savanna Chadwick and Mt. Carroll.
MENTIONED IN THIS ARTICLE
Noel Erdmier
Noel P. Erdmier
Carroll
Carroll County
Erdmier
Shannon
Mt. Carroll
Division of Highways
Ilinois
Allen Eerdmier
Air Force
Germany
Donald Crafft
Savanna
Leon Daehler
Chadwick
William
Southern Illinois University
Nola
Not Guilty Directed Verdict Ends Carroll County Manslaughter Case
Chase, 23, Rockford, faced manslaughter charges in the death of his father Albert Chase after a Nov 14 1961 incident in Savanna. Judge Robert Bracken directed a not guilty verdict at 11 a.m. Tuesday after witnesses contradicted each other. Roger Chase was indicted Nov 27 and held on $5,000 bond.
MENTIONED IN THIS ARTICLE
Chase
Rockford
Carroll County
Ciruit
Robert Bracken
James M. Thorp
Milledgeville
William B. Petty
Albert
Savanna
Chana
Ogle County
Roger Chase
Dow Jones indicator questioned amid vast NYSE share pool
The passage notes a 4 percent rise while 7 billion listed common shares on the New York Stock Exchange lag by about 2 percent. It argues the Dow Jones 30 Industrials cannot accurately reflect the performance of the broader 7 billion shares and suggests experts can pick from the larger pool.
MENTIONED IN THIS ARTICLE
New York Exchange
American Exchange
New York Stock Exchange
1962 Motor Vehicle Registrations Rise in Illinois
Illinois registration figures show 3,324,111 vehicles registered by February 15 1962 at midnight with 2,871,453 passenger cars up 11 176 from a year earlier. Officials expect total registrations for the year to near 4 150 000.
MENTIONED IN THIS ARTICLE
Springfield
Ill
Charles F. Carpentier
Break-in Reported at Bee Line Service Station Mt Carroll
A break-in at the Bee Line service station in Mt Carroll was reported to Sheriff Harry Miller. Some cash was taken according to the report.
MENTIONED IN THIS ARTICLE
Bee Line
Mt. Carroll
Harry Miller
Snowfall and cold snap hit Mt Carroll area
Two inches of snow fell starting Tuesday afternoon and lasting until about 11 p m. The temperature dropped to zero by Wednesday morning. Travel remained open as the snow was light and a clear sky followed. Mr and Mrs Wayne Linker visited Mr and Mrs Oscar Brown Jr near Mt Carroll Friday evening.
MENTIONED IN THIS ARTICLE
Wayne Linker
Oscar Brown, Jr
Mt. Carroll
Ivey Dies at 82 Monument Dealer in Mt Carroll
John W. Ivey 82, longtime Mt Carroll monument salesman, died Tuesday morning in St. Francis hospital Freeport. Funeral set for 2 p.m. Tuesday at Christian Funeral Home Mt Carroll with burial Oak Hill cemetery. Survived by widow Harriett, son John W. Jr. and daughter Marie Thorne, one grandchild, two great grandchildren, and two brothers.
MENTIONED IN THIS ARTICLE
Mt. Carroll
John Winn Ivey
St. Francis Hospital
Freeport
Aall
Christian Funeral Home
James ’ Green
First Baptist Church
Oak Hill
Mr. Ivey
Galena
George W
Mary Jane Ivey
Harriett Smith
Jessie Arb
John W. Jr
Marie Thorne
Jasca
December 1961 County Sales Tax Totals By City
County sales tax receipts from December 1961 reached 7457.21 dollars in net allotments to Carroll county cities and villages based on November tax liability per the state department of revenue. Cities listed include Chadwick 470.35 Lanark 1000.56 Milledgeville 865.43 Mt. Carroll 1284.78 Savanna 3072.87 Shannon 484.95 Thomson 278.27.
MENTIONED IN THIS ARTICLE
Carroll County
State Department of Revenue
Chadwick
Lanark
Milledgeville
Mt. Carroll
Savanna
Shannon
Thomson
NFO Gains Church Support At Nebraska City Meeting
Monsignor Dan E Cooper urged a large audience in Nebraska City to support the National Farm Organization as the answer for family type farms. The Catholic Rural Life’s favorable review and a church-backed seminar in Washington highlighted farm policy topics like income, surpluses, and foreign trade. Local church and farm leaders participated in organizing and presenting the event.
MENTIONED IN THIS ARTICLE
Nebraska City
Neb
National Farm Organization
Dan E. Cooper
Wahoo
Memorial Building
NFO
Ted Wilson
Weeping Water District
Ellis Liesemeyer
Avoca
Luther Sherer
First Lutheran Church of
Harold Woodward
Bethany
W. W. Swaim
Nionville
Iowa
National Farmers Organization
Christian Farmer
Washington, D. C
National Council of Churches
United States
Bob Casper
Carson Derrer
Carroll Co
Court meeting set for March 7 in Mount Carroll
A notice announces a meeting on March 7 at 8:00 p m at the Court House in Mount Carroll. TCLS 3-1
MENTIONED IN THIS ARTICLE
National Farmers Organization
Court House
Hold Last Rites Tuesday For Mrs. Ethel Kness
Mrs. Ethel Kness 80 lifelong Thomson resident died Saturday at daughter’s home in Rock Falls after years of ill health. Funeral services Tuesday at York Community Church with Rev. William Kendall officiating. Burial in Lower York cemetery. She was born August 1 1881 in Oregon Illinois and married Louis Kness in 1899. Survived by two daughters Geneva Hazen and Vada Sullivan, two grandchildren, two sisters and one brother. Numerous relatives attended from Clinton Morrison Rock Falls Davenport Chicago and Pearson Station.
MENTIONED IN THIS ARTICLE
Ethel Kness
Thomson
Wilfred Hazen
Rock Falls
York Community Church
William Kendall
Harold Witt
Paul Witt
Evelyn Witt
Wayne Ashby
Richard Williams
Burton Simpson
Gilpin Stagg
Kyle McGinnis
Wilbur Reader
Lower York Cemetery
Jack Regan
Chicago
Ethel Creighton
Oregon
Illinois
James
Jennie Creighton
Louis Kness
Morrison
Wilfred
Geneva) Hazen
Vada Sullivan
Norma Hazen
Lois Regan
Selina Lehman
Gertrude Picklum
Davenport
George Creighton
Jackie
Margaret Regan
Ivan
Margaret
Jack
Bill Sullivan
Edith Ladewig
del Wilson
Wesley Johnson
Sewert
Hazel Whitney
Clinton, Morrison
Frank Thompson
Pearson Station
Ill
Ruesel Green
Richard Villains
Central Nitrogen Inc elects officers for new Terre Haute plant
Melvin E. Sims of Liberty elected president of Central Nitrogen Inc at the Feb 13 meeting in Chicago. The new firm, owned by Illinois Farm Supply Co Bloomington and three farm bureaus, plans a 208 acre Terre Haute plant on US 41 with 245 employees producing 350 tons of ammonia daily starting 1963. A Terre Haute Gas Co contract secures gas needs for the facility.
MENTIONED IN THIS ARTICLE
Melvin E. Sims
Liberty
Central Nitrogen, Inc
Terre Haute
Sims
Illinois Farm Supply Company
O'Hare Inn
Chicago
Bloomington
Ill
Indiana Farm Bureau Cooperative Association
Indianapolis
Ind
Farm Bureau Cooperative Association
Columbus
William Kenneth Miller
R. R. Zurburchen
Cooperative Farm Chemicals Association
Mulligan
Jordan
Miller
Probasco
C. H. Becker
E. V. Stevenson
Indiana Farm Burea Cooperative Association
Charles L. Blackmore
W. H. Shidaker
Central Farmers Fertilizer Company
Kenneth F. Lundberg
Harold T. Jordan
Central Nitrogen
C&ei
Lawrence
Kans
Terre Haute Gas Company
Two Mt Carroll Students Injured In Ice Car Crash
Two Mt Carroll high school students were injured Friday night when a car slid on ice and hit a bridge abutment on a ravel road northwest of Mt Carroll. Driver Larry Randecker and passenger Susan Lantz, both 18, were hospitalized in Freeport with facial lacerations.
MENTIONED IN THIS ARTICLE
Mt. Carroll High School
Ravel
Mt Carroll
Larry Randecker
Susan Lantz
Freeport Hospital
Randecker
Miss Lantz
Federated Clubs Plan Conference And Annual Picnic
Carrell County Federated Women's Club met at Mrs. Charles Sucher's Chadwick home with county president Sucher in charge. They scheduled the county conference for April 3 at Lanark Methodist Church and the corps club picnic for June 26 at Old Mill Park Savanna. Twelve members and one guest from Lanark Mt. Carroll Savanna Thomson Chadwick attended.
MENTIONED IN THIS ARTICLE
Carrell County Federated Woman’s Club
Charles Sucher
Chadwick
Sucher
Lanark
Old Mill Park
Savanna
Mt. Carroll
Thomson and
Chad
Deaths Miss Nora Law Savanna
Miss Nora Jane Law 71 of Savanna died 7 30 a m Saturday in a Lena nursing home. Funeral 1 30 p m Monday at Law funeral home Savanna burial Oak Hill cemetery Mt Carroll. Born June 29 1890 Woodland township daughter of Matt and Matilda Adams Law member Hickory Grove Methodist church. Survivors include two sisters Mrs E L Dauphin and Mrs Ben Hammon and a brother Wilbert all of Savanna and nieces and nephews.
MENTIONED IN THIS ARTICLE
Nora Law Savanna
Nora Jane Law
Savanna
Lena
Law
Oak Hill Cemetery
Mt. Carroll
Miss Law
Woodland Township
Matt and
Matilda Adams Law
Hickory Grove Methodist Church
E. L. Dauphin
Ben Hammon
Wilbert
SEEK COMPETENT TAX HELP FOR 1961 RETURNS
Harold R. All of the Internal Revenue Service urges taxpayers to choose qualified advisers. He cautions against advisors lacking a permanent business address, sending refunds to the advisor, taking a fee from the refund, or encouraging improper dependents or deductions.
MENTIONED IN THIS ARTICLE
Harold R. All
Internal Revenue Service
All
IRS
Law's Driver License Suspended for Traffic Violations
Springfield reports Gerald L. Law of Arnold Street Savanna has license suspended after three traffic law violations per the Secretary of State Charles F. Carpent.
MENTIONED IN THIS ARTICLE
Springfield
Gerald L. Law
Arnold Street
Savanna
Office of Secredas of State
Charles F. Carpent
Livestock Feeders Plan County Meeting And Election
George Crofton urges soil harmony and wise management while detailing a livestock feeders gathering. The Carroll County group will hold its annual meeting in Thomson school gym with a 6 30 dinner by Argona Methodist Church and John K Morris from Chadwick will speak on related Illinois legislation.
MENTIONED IN THIS ARTICLE
Carroll County Livestock Feeders Association
Thomson School
Elmer Haas
Argona Methodist Church
Hans
Haas
John K. Morris
Chadwick
Illinois
Mee Morris
Honored for Sales at Kent Dealers Banquet
Harold Fink attended a Kent dealers banquet at Lincoln Manor Dixon last Thursday evening. He received a plaque for selling 800 tons of Kent feeds during the year.
MENTIONED IN THIS ARTICLE
Harold Fink
Kent
Lincoln Manor
Dixon
Funeral Rites Held Monday for Mrs J E Walter
Funeral services for Mrs. J Ernest Walter 60 were held at 2 p m in the Frank funeral home Lanark with Rev William Johnson officiating Burial followed in Lanark cemetery She was born April 13 1901 in Lanark daughter of Americus and Sarah Mahaffey Brooke She married J Ernest Walter June 2 1927 in Mt Carroll Survivors include her husband a son Leslie of Lanark a brother Leslie L Brooke of Newark Ohio four grandchildren and two half sisters Miss Sadie Brooke Lanark and Mrs Rebecca Paul Norfolk Va She was a member of the Methodist church and a charter member and past president of the Women s Relief Corps
MENTIONED IN THIS ARTICLE
Lanark
J. Ernest Walter
Frank
William Johnson
Americus and
Sarah Mahaffey Brooke
Mt. Carroll
Leslie
Leslie L. Brooke
Newark
Ohio
Sadie Brooke
Rebecca Paul
Norfolk
The
Methodist Church
Women's Relief Corps
Lanark Lightweights and Milledgeville Heavyweights Win Titles
Lanark grade school light weights defeated Chadwick 35 to 25 to win the Abeoretari division title. Milledgeville heavyweights upset Chestnut Park 33 to 30 to claim the heavyweight class title. Trophies awarded to first and second place teams in each division.
MENTIONED IN THIS ARTICLE
Lanark
Chadwick
Milledgeville
Chestnut Park
Blast Off Day for Republic Investors Life Insurance Firm
Fred Wendl announces February 20 as a record day when 18 regional supervisors and agents flood the Home Office with calls to Milo Adleman and Glen Jordan. New life insurance business reached 1,039,250 dollars with 74,500 dollars annualized premium as the million dollar mark was hit at 11:43 PM. Republic Investors Life, formed Aug 14 1961, reports 4 million dollars stock funded start and 4425 stockholders with 165 Illinois reps. Representatives in the area include Jack Hoak and Herbert Keim.
MENTIONED IN THIS ARTICLE
Fred Wendl
Carroll County
Republic Investors Life Insurance Company
East Moline
Ill
John Glenn
Republic Investors Life
Milo M. Adleman
Glen A. Jordan
Republic Investors Life Insurance Connect
Fred M. Wendl
Galena
Bill Brault
Davis
Jordan
Illinois
Jack Hoak
Lanark
Herbert Keim
Mt. Carroll
Also Mentioned on This Page
Babson’s Weekly Report
Courthouse News
Ada Avery
Hubert Avery
W. M. Nipe
Ronald Allen Schrader
Constance Beck
Lyle William Cartwright
Carol Rae Beyers
Jack Carson Rhea
Stockton
Doris Jean Rhea
Ronald William Izer
Judy Maureen Brooks
Leo L. Sheedy
John J. Mizlo Jr
Oak Park
Alice Handel
Inez Acker
O. T. Mt. Carroll
Paul Prindle
Clarence Johns
O. T. Savanna
Robert Zimmerman
Wesley B. Temple
Harris Trust & Savings Bank
L. James Hitz
Range
Harry E. Adams
Barbara Adams
Harry Groth
Hanna Altenburg
Wysex
Ella Robbe Et al
Kenneth Eirhart
John W. Ivey
Mount Carroll
Central
Federated Clubs
John Public
Natures
George Crofton
J. E. Walter
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!