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Newspaper
Waterloo Evening Courier
Location
Waterloo, Iowa, United States of America
Date
Sep 20, 1929
Page
3
New York Sept 20 reported by Standard Statistics the August banking debits in Waterloo set a record, 43 percent above the 1920-24 average, surpassing last August by 8 points. The rise follows a year of higher than average debit activity in individual checking accounts.
The report notes a 26 percent rise above average, versus 15 percent above in August 1928, indicating stronger purchasing power. It suggests the group of states may buy less than a year ago but ongoing industrial employment supports continued gains over last year.
Morrie Rosenthal and Moses Fertel were arrested Wednesday night by Road Patrolman Harry P. Mason for investigation after trying to sell a 67 watch for 35. They were released from custody and their property returned. A telegram from Jacob Graut, Cleveland chief of police, stated they are jewelry salesmen and auctioneers with no criminal record, and their credit with Cleveland wholesale houses is good.
The Upper Iowa Methodist Episcopal conference in Dubuque opened its third day with devotions led by Bishop Frederick Leete. Dr William Laube of Dubuque urged church unity across denominations, recalling the Luther-Zwingli conference four centuries ago and stressing long, hard work to overcome division. Dunkerton reporter Harold Bellmer reported the shipping crew update.
A report notes a farm operation near the area offering produce at 83 cents per pound. Details are incomplete due to OCR errors, but the pricing fragment indicates affordable fruit or vegetables being sold by a local farm.
A bidding event at a local auction drew a new record, with bidders competing for a sought item. The auction house reported strong turnout and a high final price reflecting rising demand in the market.
A local report notes an industrial ration issue prompting officials in Sohitlon to seek a tax solution. The piece highlights a commute pattern as part of the problem and outlines potential policy avenues under review.
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