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Newspaper
Waterloo Evening Courier
Location
Waterloo, Iowa, United States of America
Date
Sep 23, 1926
Page
13
Iowa real estate dealers plan a country tour around Ottumwa to prove Iowa is not broke. The event accompanies the Realtors convention October 11 to 13 with invitations extended to prominent U.S. and Canadian business leaders.
The Department of Animal Industry at Iowa State College will be one of the speakers. The convention committee reports hundreds of letters have been received from businessmen expressing approval of the movement to picture the state in a new light.
Iowa spends about 2.0 million annually on public poor relief across 99 counties plus county farms. Miss Louise Cottrell of the University of Iowa extension says private groups also contribute heavily. The Iowa plan forms county social service leagues with execs to readjust environments and restore self support for the worthy poor.
Security Savings Bank the second oldest in Waukegan was closed yesterday by state examiners for adjustment. Attorney J A Miller a principal stockholder said he found many frozen loans in the institution.
A report by Hudson Savings Bank receiver Bert McCulloch requests court approval of asset classifications allowances and offsets. Deposits total 283059.02 with public funds 84396.25, general creditors 867.04, offsets 16027.52, fictitious benefits 2877.37 and total liabilities rejected 25260.76 including 24750.84 Redis counts by the Federal Reserve Bank Chicago. Largest depositors listed with various amounts.
Reports from Anamosa indicate a patient underwent an operation on Tuesday after a period of critical condition. Medical officials would not release additional details at this time.
Farmers in Page, Fremont, Mills, and Montgomery counties expect losses over 100000 dollars due to higher grain freight rates to St Louis. The farm bureau federation leads the opposition as the Interstate Commerce Commission order is challenged. Hearing is planned in Omaha late October or early November with support from Shenandoah Clarinda Malvern Sidney and Red Oak.
Ray Cunningham, longtime associate secretary at the University of Minnesota Y M C A, is named head of the Iowa State College student Y M C A succeeding Fred C. Stevenson who becomes Nebraska state student secretary. Assistant J C Hardwick, a Virginia Tech and Yale divinity school graduate, joins. A service center in Ames will aid students with employment housing books and recreation.
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