Jasper County Democrat, Volume 7, Number 3, Rensselaer, Jasper County, 23 April 1904 — Page 5 Advertisements Column 2 [ADVERTISEMENT]

An armload of old papers for a nickel at The Democrat office. Call on Austin & Hopkins for terms on farm and city loans for five years. Sunday morning services at the Christian church, subject. “Paul, the Christian;’’ evening subject, “Uncle Sam is Sick. What Will Cure Him?” Mrs. James Maloy, who has been with her son, Dr. Bernie Maloy at Steeger, 111., for the past few months, returned home Wednesday, accompanied by her infant grandson, and will remain here for the present. Mrs. J. W. Pierce received the intelligence Wednesday morning that her father, Joseph Coons, a former resident of near Rensselaer, had just died $t his home in Bucklin, Kan. He was about 73 years of age, and left a wife and- five children, all of whom reside in Kansas, except Mrs. PieTce. Owing to sickness in her own family the latter was unable to go to the funeral. Over at Goodlßnd last week, five or six boys aged about ten years each, gathered in a back yard at one of the boy’s home and amused themselves in making a cannon out of a small bicycle pump, which one of the lads had found. A hole was punched near one end to touch it off at and the “barrel” was filled with powder and tamped down with paper. Then it was placed on a bench and Leslie Johnson, aged ten years, touched it of with a match. When he was picked up it was found that the “cannon” had entered the boy’6 head near the temple and penetrated clear to the rim, a distance of several inches. Death was instantaneous.

XThe McCoy bank failure has over shadowed all other topics in Rensselaer this week. No one can talk of anything else. Numerous cases of people having funds temporarially there for some specific purpose, which they must now defer, to build a house, barn, to buy a home, farm, horses or stock, come to light every day. Wm. Bennett had bought a small farm west of town and was going to build a house. He had his lumber on the car and had given a check Saturday in payment for freight on same. He hauled one load of lumber when he was stopped by the freight agent. He had over $3,000, all his ready money, in the McCoy bank but his check was n. g. Many similar cases are heard on all sides/^ McCoy’s bank had been losing its credit with its correspondents for some time, it is said, and the crash was not unexpected by the here. Both had laid in a big supply of cash to meet any emergency that might arise, but no runs were made and no uneasiness whatever is felt by depositors in those banks, as it is known that they do a conservative business. One banker informed us that his bank had SBO,OOO in cold cash in its strong box and arrangements made for getting SIOO,OOO more in a few hours time, covering every obligation. He knew the crisis in the McCoy bank was at hand and wanted to be prepared. Instead of drawing out deposits, however, people have shown their confidence in the stability of these banks by ah increase in deposits.