Barson's Economic Outlook on Rates and Capital
Barson analyzes postwar rate trends from 1941 to 1942, noting commercial loan rates rising from 2.40% to 3% and prime paper at 4% as money supply expands. He argues for tighter policy, examines the quantity theory, capital sources, and implications for investors and banks, including bond portfolios and loan pricing.
MENTIONED IN THIS ARTICLE
New York City
Federal Reserve
Federal Reserve System
Treasury Department
County Tops Quota in War Loan Drive
Carroll county total bond purchases in the third war loan drive reached 731,862 dollars, surpassing the 710,000 dollar quota. Franklin A. Stransky of Savanna, county chairman, credited local chairmen and workers for the result and urged those with outstanding subscriptions to remit before the 16th to credit the county.
MENTIONED IN THIS ARTICLE
Carroll County
Franklin A. Stransky
Savanna
Stransky
Thomson
Chadwick
Milledgeville
Lanark
Shannon
Mt. Carroll
Chicago
Ration Book Four to Replace Book Two Stamps
The Office of Price Administration announces use of ration book four starting November 1 with green stamps A B and C first valid until December 20. Green stamps replace blue stamps in book two for canned foods, four stamps per group valued 8 8 5 2 1 points, as the token system approaches in 1944. Book three stamps likely go to reserve. brown meat stamps and airplane shoe stamps in book three have had limited use.
MENTIONED IN THIS ARTICLE
OPA
September ADC payments total $810,130 and beneficiaries
The September aid to dependent children payments amounted to $810,130 helping 57,649 children. The report notes a $15,359 drop from August. In Carroll County 67 children received $880, and in Whiteside County 205 children received $2,737.
MENTIONED IN THIS ARTICLE
Office of the State Auditor
Carroll County
Whiteside County
Silver Star Awarded to Sgt William Doty of Savanna
William L. Doty of Savanna receives the Silver Star for gallantry in action. The award, presented by General Truscott of the Third Division, honors Doty for service in the Sicilian theater. He is the son of W. B. Doty and brother of Mrs Harold Hatfield of Savanna.
MENTIONED IN THIS ARTICLE
Silver Star
Sgt
William Doty
William L. Doty
Savanna
Truscott
Set
Doty
W. 8. Doty
Harold Hatfield
That City
County Board Meeting Votes Routine Bills
A county board of supervisors held a regular meeting in the courthouse on Tuesday. Routine expenditures were approved and after brief consideration of other matters the session was recessed until next month.
MENTIONED IN THIS ARTICLE
County Board of Supervisors
Wiring Burns in Sheriff's Car Tuesday
Sheriff Eber Shepherd’s automobile caught fire Tuesday morning while parked across from the Greison Insurance Agency in Savanna. Tom Runyan and Morris McFadden noticed smoke, alerted the fire department, and a small chemical extinguisher was used. Damage was limited to the wiring and is believed to stem from defective wiring.
MENTIONED IN THIS ARTICLE
Eber Shepherd
Greison Insurance Agency
Savanna
Tom Runyan
Morris McFadden
Eber
Illinois Old Age Pensions Rise in September
State auditor reports September old age pension payments at 4,228,595. Carroll County paid 9,781 to 362 recipients and Whiteside County 26,135 to 11 recipients. August total rose by 3,282.
MENTIONED IN THIS ARTICLE
Ilinois
State Auditor’s Office
Carroll County
Whiteside County
Federal jury panels announced for October term
The clerk of the court released the grand and petit jury lists for the October term to begin Monday Oct 18 in Freeport with Judge Michael L Igoe presiding. Grand jurors include Alice Chamberlain Dorothy Thomas Sterling James Colehour Anna Rahn Lanark Frank Cunningham Francis Newcomer Chadwick Hazel Hauck Morrison Jack Hurley Minnie Olinger Prophets Town Gladys Kleepping Mt Carroll Pearl Mall Shannon J E Mitchell Fulton Mabelle Rogers Milledgeville Otto Switzer Thomson. Petit jurors from Carroll and Whiteside counties include Vinnie Brunner Lillie Garner Hazel Hardacre Lanark Patrick Cooney Tampico Veneta George Charles Lazio Morrison Lydia Holman Charles Swingley Carroll Henry Kaup Frank J Planty Rock Falls Florence E Swartley Sterling William Wilson Milledgeville.
MENTIONED IN THIS ARTICLE
Federal Court
Michael L. Igoe
Freeport
Alice Chamberlain
Dorothy Thomas
Sterling
James Colehour
Anna Rahn
Lanark
Frank Cunningham
Francis Newcomer
Chadwick
Hazel Hauck
Morrison
Jack Hurley
Minnie Olinger
Prophetstown
Gladys Kleepping
Mt. Carroll
Pearl Mall
Shannon
J. E. Mitchell
Fulton
Mabelle Rogers
Milledgeville
Otto Switzer
Thomson
Carroll
Whiteside
Vinnie Brunner
Lillie Garner
Hazel Hardacre
Patrick Cooney
Tampico
Veneta George
Charles Lazio
Lydia Holman
Charles Swingley
Marriages Highlight Mt Carroll Bridges and Oregon Ceremony
Miss Margaret L. Fritz and Orville Heimbaugh wed in Rock Island with a reception at Watch Tower Inn. Georgia Warne and Pvt. Donald Petty married in Eugene Oregon with attendants present. Local celebrations include a weekend gathering hosted by Mr. and Mrs. Donald Adolph.
MENTIONED IN THIS ARTICLE
Margaret L. Fritz
Roy H. Fritz
Mt Carroll
Orville Heimbaugh
Eleanor Heimbaugh
Lanark
Rock Island
E. J. Campbell
Alvin Zillhart
Mt. Carroll
Watch Tower Inn
James Beers
Catherine Fritz
Wayne Smith
Mt. Carroll High School
Heimbaugh
Lanark High School
Savanna Ordnance Depot
Georgia Warne
D. G. Warne
Dearborn
Mich
Donald Petty
R. S. Petty
Methodist Church
Eugene
Ore
Griffit
Pvt
Orval Peterson
Dearborn High School
Pvt. Petty
Coe College
Cedar Rapids
Ila
University of Oregon
Carroll and French Her d High in Iowa Dairy Report
Carroll and French herds lead September Dairy Herd Improvement results with 39.7 pounds butterfat and 946 pounds milk per 18 reg Holsteins. Noordhoff and Peck, Morris, Reusch and Son, and Bennett follow with top averages among 401 cows tested. No. 29 Holstein tops individual cows with 74.1 pounds butterfat and 1545 pounds milk.
MENTIONED IN THIS ARTICLE
fCarrel
Carroll County
J. J. Standish
Noordhoff and Peck
John K. Morris
John Reusch and Son
J.C. Bennett
Carroll and French
Noordhoff
John Saur
Harry
All Man’s Herd
Association
Brearton Elected Sixth District Bar President at Rockford Meeting
John N. Brearton of Savanna was elected president of the Sixth District federation of local bar associations at the Rockford meeting held last Thursday. Circuit Judge Leon A. Zick was named vice president and the 1944 one day session will be hosted with the Ogle county bar association at White Pines State Park. Free legal aid to soldiers and families was highlighted with county appointees named for Carroll and Whiteside counties.
MENTIONED IN THIS ARTICLE
John N. Brearton
Savanna
Carroll County
Hotel Nelson
Rockford
Atty. Brearton
Charles Green
Freeport
Leon A. Zick
Oregon
District Federation
Ogle Couny Bar Association
White Pines
Illinois opens 1945 duck season October 15 to December 23
Illinois hunters may pursue ducks for 70 days starting Friday morning October 15 with daily shooting from sunrise to sundown. Despite a larger duck population and relaxed rules many hunters face shell shortages as stores report no ammunition for sale. Some farmers can buy limited shotgun and rifle ammo for pest control, but most hunters worry about ammo availability.
MENTIONED IN THIS ARTICLE
Illinois
Mississippi River
Light Showers Break Month-Long Dry Spell
Light showers fell Tuesday night and Wednesday in the vicinity, ending a dry spell that lasted over a month. Skies stayed cloudy Wednesday with signs of cooler weather ahead.
Carroll Men Called for Induction in October
More than forty registrants from Carroll County have been ordered to report next week for final examination and probable induction into military service. The list released by the local selective service board includes Benjamin J. Eisenbise, Charles D. Switzer, Robert L. McKeehan, Vernon C. McGinty, Merle H. Kulemier, Orville R. Zink, Spencer T. Nesbitt, Floyd E. B. Ehredt, Arthur F. Thompson, Charles F. Holman, Randall L. Bloyed, John M. Schumaker, Oscar G. Moore, Francis D. Schmidel, Rey E. Truckenmiller, Russell J. Drain, Raymond E. Miller, Orlo M. Meyer, John K. E. Bousman, Earnest M. Barnes, James B. Devine, Max L. Fitzpatrick, Hal Smith, Robert L. Sturtevant, Darrell D. Fisher, Alfred D. Law, Carcon E. Derrer, Glen C. Turney, Merle P. Cate, Lyle E. Taylor, Lawrence W. Rice, William R. Swift, Louis L. Decker, Laurence J. O’Neal Jr., Paul H. Leopold, Arthur R. Sisler, Elmer L. Lyons, Eugene Ferris, Olin L. Duncan, Jack Pulver, Weldon E. Arb.
MENTIONED IN THIS ARTICLE
Carroll
Selective Service Board
Benjamin J. Eisenbise
Charles D. Switzer
Robert L. McKeehan
Vernon C. McGinty
Merle H. Kulemier
Orville R. Zink
Spencer T. Nesbitt
Floyd EB. Ehredt
Arthur F. Thompson
Charles F. Holman
Randall L. Bloyed
John M. Schumaker
Oscar G. Moore
Francis D. Schmidel
Rey EF
Truckenmiller
Russell J. Drain
Raymond E. Miller
Orlo M. Meyer
John KE. Bousman
Earnest M. Barnes
James B. Devine
Max L. Fitzpatrick
Half Smith
Robert L. Sturtevant
Darrell ID. Fisher
Alfred D. Law
Carecon E. Derrer
Glen C. Turney
Merle P. Cate
Lyle E. Taylor
Lawrence W. Rice
William R. Swift
Louis L. Decker
Laurence J. O'Neal Jr
Savanna Plans Four-day Fire School Oct 19 21
Savanna plans a four day fire school at the high school athletic field October 19 to 21. Savanna Fire Chief Harold Hersey announced the event after a call from John B R Craig state fire marshal. Tom Brooks chief fire instructor and Ray Rennick former Kankakee firefighter will lead sessions on department activities salvage work first aid and fire prevention with invites extended to local departments the Savanna ordnance depot and Milwaukee and Burlington railroad brigades.
MENTIONED IN THIS ARTICLE
Savanna
Harold Hersey
John BR. Craig
Springfield
Craig
Tom Brooks
Ray Rennick
Kankakee
Savanna Ordnance Depot
Milwaukee and Burlington Railroad
Obituary notices from Lanark Mt Carroll and Savanna area
Multiple death notices profile Lanark and Mt Carroll residents. Lanark minister Lanark-Frank A Sword 78 died at Deaconess Hospital Freeport with private funeral in Lanark. Mt Carroll native Howard Strickler 83 died in Savanna City Hospital with burial in Oak Hill. Six year old LaMoine Kehl died near Mt Carroll from hemophilia with services at family home. Carroll County woman Frances Nicholas dies in Rockford area with Savanna ties and surviving relatives. Burial details vary by family church locations.
MENTIONED IN THIS ARTICLE
Lanark
Frank A. Sword
Freeport
Frank
C. E. Barnett
George Parker Rassmussen
May Wolf
Joy Sword
Gloria Sword
Alvin
Harry Sword
LB. Eisenbise
Marshalltown
Carroll County
Christian Church
Mt. Carroll
Howard Strickler
Savanna City Hospital
Christian Funeral Home
James A. Foard
Oak Hill Cemetery
LaMoine Kehl
Floyd Kehl
A. Birdsall
United Brethren Church
Plan Registration Schedule For War Ration Book Four
Carroll County schedules War Ration Book Four registration for Oct 20 to 22 with 168 new members added during a Farm Bureau drive. Mt Carroll, Shannon, Savanna host multiple sites. other towns begin Oct 21 and end Oct 22. Registrars include teachers and volunteers. each person must present a ration book 8 and complete holder description.
MENTIONED IN THIS ARTICLE
Carroll County
L. E. Bruch
Mt. Carroll
Shannon
Savanna
Lanark
Chadwick
Milledgeville
Cod
Thermonon
B. L. Peek
Roval Rationing Board
County DHIA Annual Meet Set for Oct 28
Carroll County Dairy Herd Improvement association hosts its annual meeting Thursday October 28 in Farm Bureau hall Mt Carroll. University of Illinois expert G. Cash will speak. Reports on the past year and officer elections will be held.
MENTIONED IN THIS ARTICLE
Carroll County Dairy Herd Improvement Association
Farm Bureau Hall
Mt. Carroll
G. Cash
University of Nitinois
Brudi Leads Carroll County Tuberculosis Association
Lawrence E. Brudi of Mt. Carroll was elected president at the Oct 6 annual meeting. New officers include H. M. Elliott, Harold Mackenzie, Miss Mabel Greve, and M. E. Werfel with an executive committee of Miss Augusta Stenquist, Miss Jeanette Nicholas, and E. O. Hemmer. The group planned the Christmas seal sale to fund tuberculin testing for students, with Nelle Stewart supervising. Members from Mill edgeville, Savanna, Thomson, and Mt. Carroll attended after a 6:30 dinner in a Mt. Carroll tearoom.
MENTIONED IN THIS ARTICLE
Lawrence E. Brudi
Mt. Carroll
Carroll County Tuberculosis Association
H. M. Elliott
Thomson
Harold Mackenzie
Savanna
Mabel Greve
M. E. Werfel
Milledgeville
Augusta Stenquist
Lanark
Jeanette Nicholas
Carroll
E. O. Hemmer
Nelle Stewart
Farm Machinery Permits Issued Oct 4 to Oct 9
The Carroll county farm machinery rationing committee issued permits for new equipment from Oct 4 through Oct 9. Eligible items include corn pickers, milk cans, electric pump jacks, manure spreader, portable elevator, tractors, plows, automatic sump pump, wagon, and electric shallow well pump to listed residents and farms.
MENTIONED IN THIS ARTICLE
Carroll County Farm Machinery Rationing Committee
Howard
Paul Woessner
George
John Bissens
George H. Hartman
R. F. Puterbaugh
Henry Kneigs, Jr
J. J. Randecker
Mabel Allanson
John H. Rath
H. L. Adams
Lloyd R. Law
Franklin L. Smith
Harald Turnbaugh
Frank Ellinor
William Taylor
L. P. Mackey
Paul W. Daehler
Louis Houzenga
Fred L. Peters
William H. Strauch
Harl Johnston
Fred Boelkens
R. R. Porter and Son
Henry Ginther
Top Brown Swiss Bull Brings $810 At Auction Friday
Whiteside county held its first Brown Swiss breeders sale at Morrison fair grounds with 50 registered cattle sold under W B Wye. Allen Beardslee’s Roxana's Guardian, 2 years old, sold to Roy Lange for 810, the top price of the year in Illinois. Butter nut's Schoni, 2, owned by Schultz Brothers, sold for 510 to H H Maoberry. A week-old bull calf fetched 60 for Omar Hampton. Putman of Rock Island led buyers with five head totaling 1050.
MENTIONED IN THIS ARTICLE
Whiteside County
Morrison Fair Grounds
W. B. Wye
Waukesha
Wis
Roxana
Guardian
Allen Beardslee
Roy Lange
Ilinois
Elmer Habben
Sterling
Butternut
Schultz Brothers
H. H. Maoberry
Peoria
Omar Hampton
Muscallone
Iowa
Putman
Rock Island
Gas stations gain freedom to set hours under Ickes order
Petroleum Administrator Harold L. Ickes announced on October 7 that gasoline filling stations may operate as many hours per day and week as owners choose and need not close on Sundays. Local operators voiced mixed plans, with some wanting to keep the shorter hours and others favoring longer openings.
MENTIONED IN THIS ARTICLE
Harold L. Ickes
War Council Forms Junior Volunteer Corps Plan
War Council sessions in Thom son high school outline creation of a junior volunteer corps in Carrall county. Members will assist the county council with bond drives and office work across communities. An assistant to the county executive director will be named later. Next meeting set for November 3 at Milledge.
MENTIONED IN THIS ARTICLE
Carrall County
County Council
Milledgeville
Also Mentioned on This Page
Barson's
ADC
Fritz-Heimbaugh
Wayne-Petty
Donald Adolph
Floyd Kaufman
Polo
Oscar Martens
C. J. Queckboerner
Charles Adolph
Elmer Hammond
Lect Brearton
Mrs. Earl Dubbs
Farm Bureau
Carroll County Farm Bureau
Freedom Township
Methodist
Clare Grube
DeKalb
Hmlinois Agricultural Association
Savatins
Shannon Town Hall
Davanna
Dhia
War Council
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