Richmond Palladium (Daily), Volume 93, Number 1, 1 January 1923 — Page 11

THE RICHMOND PALLADIUM AND SUN-TELEGRAM, RICHMOND IND,. MONDAY, JAN. 1, 1923.

PAGE ELEVEN

$14,000,000 RECEIVED BY INDIANA FARMERS FROMFEDERAL FARM LOAN SYSTEM IN 1922

(By Associated prees) ' INDIANAPOLIS, Dec'. 30. Indiana farmers received 14 'million dollars through the land banks of the Federal Farm Loan System during the year 1922, it was announced here today. This brings the total amount of loans made by the Joint Stock Land Banks and the Federal Land Bank In Indi ana since organization up to between CD and 40 millions, it was declared. Of the total loans made in Indiana through the system since it was established, more than 22 millions came ,to the farmers through the federal land banks, and more than 17 millions came through the Joint Stock Land Banks. In the year Just closed, the business was about equally divided between the Joint stock land banks on the one hand and the federal land bank on the other hand, about seven millions and a half having ben supplied the farmers by the Joint stock land banks and something more than seven millions having been supplied by the federal land bank. One Federal Bank. There i3 but one federal land bank lending in Indiana, while there are bis joint stock land banks operating in the state The Federal land bank is located at Louisville, Ky. The .Joint stock land banks serving Indiana farmers are: Fletcher Joint Stock Land Bank, which "is owned by the Fletcher Savings and Trust company,

Indianapolis; First Joint Stock Land Bank, Fort Wayne; Lafayette Joint

Stock Land Bank, Lafayette; Louis ville Joint. Stock Land Bank. Louis

' -ville. Ky.; Central Illinois Joint Stock

Land Bank, Greenville, 111.,: First

vJoint Stock Land Bank. Dayton, Ohio. fnv. i'T . a .nnn 1 1 ff

ine ugures as iu ivz luaiis me ui-

Ticial for the first 11 months and are

"estimated for the December business

of all the banks.

The federal farm loan system Is

.serving the farmers of the entire country. The federal land banks are making loans in all of the 48 states,

and Joint stock land banks are oper

ating in 39 states. The total credits

supplied by the system to the farm

ers of the country now amounts to

more than $863,000,000 of which $650,

000,000 came through the federal land

banks and and $215,000,000 was sup

plied by the Joint stock land banks

The credits thus supplied by both has aided 245,000 farmers throughout the

country. Amount of Funds Official figures for 11 months (Jam

ary, 1922, to Nov. 30, 1922) tod an estimate for December shows that the federal farm loan system supplied the farmers of the country during 1922 with upwards of $335,000,000 of money, of which $205,000,000 came through the federal land banks and $130,000,C0O through the Joint stock land banks. During the year 1922 the federal farm loan system experienced its greatest growth since establishment five years agp. Its growth has been such as to justify the expectation of the founders of the farm loan act, under which the system operates. Two types of banks are provided by the law. One set of banks is co-operative, the other is corporate owned. The statement of the total business, done fince organization and especially the large business of 1922 and its distribution between the banks is evidence that the system as a whole and each of its branches are extensively used by the farmers, it was pointed out. Regulation of Business. The Federal banks and the joint

stoCTt land banks are permitted under the law to do only one kind of business, namely, loan money to farmers for agricultural purposes with farm land as security. These banks secure the money to

loan through the sale of bonds. The

federal land bank is authorized to issue bonds to 20 times its capital and the joint stock land banks to 15 times

their capital. The interest rate to the farmer is limited by law. Both kinds

of banks are required to lend at a rate

of interest not to exceed one percent in excess of the interest rate borne by

the bonds, but the farmers' rate can

not exceed six percent, no matter at what rate the bonds may sell.

The Federal Land banks axe at present limited to a loan of $10,000 to any

one borrower, while the Joint stock

land ft.nks may lend to one person

any amount equal to fifteen per cent

of the capital stock of the bank, pro

vided the loan does not exceed $50,000

, Whether he obtain his money from

the Federal or the joint Btock land

bank, the farmer pays one per cent

of the principal each year in addition

to his interest rate. Ths one per cent at the end of thirty three years pays

off the whole loan. The advancing of more than $S65

000,000 of long time credit to agriculture through the farm loan system has

been a great aid to the banks in agn

cultural communities throughout the

country, it was stated. Many of these

banks were staggering under the load

of "frozen credits" they were carry

ing. In many cases, the burden was

made the heavier because of the pre

cipitate deflation in agriculture that

followed the war.

Because of their organization, the joint stock land banks especially were

In a position to work in close co-opera

tion with the local country banKers.

They are declared to have done much

to relieve the strain on the couairy

banks and to restore normal credit

conditions.

The Theatres

WASHINGTON MISS WOULD,BE AUTHOR

v :V

f iiirwiii 'n iili .jJm

Old.

Broadway Holds No Charms For RichYoang Yudian Girl (By United Press) PAWHUSKA, Okla., Jan.- 1.-Mis8 Vivian Simkins 19," local Indian belle and oil queen, recently returned from

viewing.the high and gay life of Broadway, declares that after all, Oklahoma is the "one and only" place in which to

live. " I have seen the wnoie country, but have never found a jlace that can compare in any way with my Osage

country, miss simjuns saia. jiner nlfl.cn! Keem artificial, wlrtle the Osace

country is always changing and shift

ing. The tail usage man is jar superior to the small, worried, money-

grabDing men or.tne tasi.

City Lodges

t.- , , ' Richmond Lodge of Masons wi.'l Its regular meetiag" Tuesday night. Officers will be installed. ,

Miss Donna Ruth Crissinger. Miss Donna Ruth Crissinge, , daughter of the comptroller of the Currency, and Mrs. Crissinger, is known as a clever writer. At the present time she -has' a volume about ready for the press.

MURRETTE

time that motion pic

ture producers, when trying to apolo

gize for a poor picture, used to iau back on the canard that "you can't make 'em all good." Motion Pictures, of course, are not

standard product. It is true that you cannot make them all meet with cer

tain specifications, but Harold Lloyd for three years now has been disproving that fallacy that you "can't' make 'em all good."

Consistency has been the keynote of Lloyd's step to the top rung of the rnmpdv ladder. He does not know

what it means to quit working on a pic

ture until he 13 'absolutely assured tnat it meets with his best standard. That is the reason he holds three and four pre-views on every one of his productions before he gives the word for the shipping of the negative. , On his latest," Dr. Jack," he held four pre-views, before four, different classes of theatre-goers, one more than ha srA in n yil v ctap-pft nn his Tiirtiires.

But he wanted to be absolutely cer

tain that he not only naa a gooa picture, but that he had one worthty of

following. "Grandma's Boy." "Dr.

Jack," by the Way, is his first feature comedy on his new Pathe contract. It is being shown at the Murrette thea-

"Blanket" Indian Replaced

By Mordern Dressed Man

(By United Press

PONCA CITY, Okla., Jan. 1. The

picturesque "red man" 13 last disap

pearing, reports, at the local Indian agency showed. The "blanket" Indian

is being replaced by the modernly

dressed tribesman who is taking more

and more interest In the business and

affairsof his confmunity and state

agency reports said. Fewer "blanket" Indians attended the Indian schools thi3 year than ever before, although an increase in attendance was recorded.

The -Modern Woodmen will hold their regular meeting Monday night Wayne Lodge of Moose will hold their regular meeting Monday night at the Moose club.

Richmond company Knights cf Pythias will meet Monday night in the Pythian teanple.

The Knights of Columbus will hold their regular meeting Tuesday night. The Eagles lodge will meet Wednesday night in the Eagles hall. !

The Richmond' Lodge of Elks will hold its regular lodge meeting Thursday night at the clu?. North Eighth.

A fruit breakfast food with a taste similar to cereal breakfast foods is being made from dehydrated apples, heated under a vacuum and roasted to a crisp condition. '

MURRAY "The Sea Lion," Hobart Bosworth's latest starring picture to be distributed

through Associated First National Pic-

PALACE TODAY BUCK JONES In a Hair-Raising Play "BAR NOTHIN' " Harold Lloyd In a Big Laugh-Producer "COPS" and "In the Days of Buffalo Bill" The Greatest History Tlay of the Screen.

Richmond TODAY FRANKLIN FARNUM In His Latest Western Success "CROSSROADS And With This Chester Conklin

in a New Laugh-Maker

"The Barnstormers

Don't Miss This One!

utres. Inc., which is now showing at the Murray theatre, has a number of unusual sea scenes which involved a tremendous risk for the actors in the cast. Such realistic lights as that, shown in the rebellion of the crew of "The Lair," or the whaling scenes and the rescues in a stormy sea, were not effected without a great deal of danger. There was a time when production had to be halted because of injuries to the principal characters. The star suffered from one broken wrist. Bessie Love, leading lady, was laid up with a slightly sprained ankle as the result of slipping on a swinging ladder. Emory Johnson, second male lead, got a crack on the head during the melee that rendered him unconscious or several hours. From thfJ;e ' hazards the company emerged with the completed production which combines tenae heart interest with fast action ana a story of sea life.

"To-morrow"

is the dance hit of today. To know to-day how

good "To-morrow" can be, fcuy "To-morrow" today as played by Ted Lewis and His Band on Columbia Record

A-3709 "Homesick" on ths other side. ' At Columbia Dealers. ?Sc

Saxophones

Clarinets

The Saxophone Shop 273 Colonial Annex, Phone 1649 Open Evenings Cornets Trombones

it)

Take Your Case of Blues to

iiiii

Now Showing GLORIA SWANSON In a Mighty Heart-Drama "THE IMPOSSIBLE MRS. BELLEW" With Conrad Nagel, June Elvidge and Robert Cain in tne supporting cast. Added Features "Out of the Ink-Well Comedy;" Hearst News Admission ' Adults, 40c - - - Children, 10c

Gala Bill for the New Year at '

v tn

Bfy3H

Big-time acts to regale you and start you rejoicing on the New Year. We challenge comparison with this bill and any bill in Dayton, Indianapolis or Cincinnati. Mon., Tues. and Wed. Roberts and Clark With ISABELLE MOHR at the piano. An elaborate song and dance revue. Direct from the Talace theatre, Chicago and you may be surprised. Roy La Pearl "The "World's Greatest Aerial1st." You will grip your seat and grab your neighbor's arm while this act is playing. Lillian Gonne and Co. A playlet of a waif on Christmas eve. You will find plenty of laughs between the tears. Chief Blue Cloud and Co. Heap Big Indians "Just Off tire Reservation" HOBART BOSWORTH in-.-"THE SEA LION" A Sterling Actor In a Stirring Role

"' Ilni.ima.fj - .f - Vni f... . .... . 1.,,mr1- ....... ,...j. - m

ACQUgTeSY.SeKVlCS &PelUXe PROGRAMS ALWAYS )

Harold Imsw

JDrwaTcfe FivelReels Of Laughter;

-iss"

COMING THURSDAY Primrose Four; Camille Trio; Waiman and Barry; Frank and Ethel Halls.

3f?Si8& n

He knows just what you need, and his favorite prescription is laughter. If you are crying for a laugh, visit DOCTOR JACK. His office hours are 1:30 p. m. till 1 1 : 00 p. m. every day. Showing With This Great Picture Buster Keaton in "The Boat" And Pathe News Weekly

pesday

Sale

Our regular Monday sale will be offered on Tuesdasy this week due to our closing on New Year's Day. Start Vour sh-Dpping right during the new year by saving on every, bargain at this special Tuesday sale.

Save on the Family's Shoes

Ladies Black Kid Lace Shoes, military heels, sizes 4 to 7. Special Tuesday only - Q per pair !)1.U Ladies' Rubbers, "Hood" make; yon know they are better; all styles. Tuesday only QQ per pair ...... OOC Ladies' Kid Lace High Shoes, short Tamp, military heels, welt soles, values $6.00 to $8.50. Choice Tuesday, brown S4.85 , black at .. .T DQoD Choice of 30 pairs Ladies High Covered Heel Brown Lace Shoes, last year's $11.00 T- nn styles; choice Tuesday at J5JL0

Ladies Patent Leather Laci Oxfords, Eastern made, Cuban or low heel; tl)ree new styles of $6.00 values; Tuesday only (J M Q per pair - .............. 0it.O Men's 13-lnch High Top Shoes, will stand hard winter wear. See this JS.00 Shoe Qf Qpf Tuesday at DQo9 (- Men's 4-buckle all-rubber U. S. Arc- (J- rje tic, size 10 only; just 50 pair ....... 5x I D Two of the classiest Men's VJ inter Oxfords you ever saw. See these $8.00- aioes in p

t....30.1t

our window. Choice Tuesdaj at.

Hand-painted decorated Plates in three QQ, sizes; Tuesday, 39, 69 and OtC

Salad Dish, 8-inch, fancy decorated Tuesday special

Pyrex Glass Pie Pan, 9-inch special at

Awaja Ware Tea Sets, blue and green, 23 pieces; Tuesday

Glassware, Utensils, Etc. at Savings

Fancy .nickel-plated on copt3r Coffee QQ Pots, Tuesday special OC Large 14-quart dray Granite Dish Pan, AQk Tuesday special rC Yellow, Earthen Mixing Borl, 8-inch nr Tuesday special . ......... pC Nickel-plated Alarm Clocks with a good APT alarm, Tuesday special UuC Toilet Paper, large crepe noils 0n Tuesday special, 7 for OC Galvanized Wash Boiler and Lid QQ special at ..: UOC

29c

..73c $8.39

Goblets, brown cut glass, 3 patterns OQ Tuesday special, each..... j(u

Mahogany Candlesticks, 8 inches high Tuesday special, each

35c

Men's and Boys' Needs at Low Prices

Boys' Waists, light or dark: colors, sizes AJ?n 6 to 15 years, Tuesday special 41 DC Men's heavy fleeced Union Suits, all J- p sizes; Tuesday special, a pair...... dxaXD Boys' Flannelette Gowns or Pajamas, Qff all sizes; Tuesday special, each tDC Men's heavy weight Work Trousers, Of? all sizes, Tuesday special.. 5JL oD Men's Dress Shirts, either collar attached or neckbands, all sizes; Tuesday special, QQ each 70C

One lot of Boys' Corduroy Trousers, sizes 8 to 16 years. Tuesday special &-t f per pair 5.Uf Men's Work Shirts, plain colors anf stripes, sizes 144 to 17. Tuesday special each

Boys". Grey Sweaters, button style, sizes 8 to 14 years; Tuesday special

95c

Men's extra good quality Lisle Socks, OQ, . all colors; Tuesday special, pair... dOs

Home Furnishings, Remnants, Etc. A Big Dept. of Bargains

Dark Green Window Shades,

.36 inches wide; Tues-

- . day special . . . . .

r. 39c

43-pound all-cotton Mattress. . full sizes; Tuesday Qp QQ special ..wUUO Yard-wide Felt Base . Floor Covering in linoleum ' patterns; Tuesday spe- OQ cial, yard OtC . SI all-feather Pillows, ?Qn Tuesday special...... OUL

Remnants of Cretonnes for Tuesday, special..

10 to 15 yards remnants of

25c Flat Curtain Rods,

Tuesday special. . ,

Straw Matting, C3c grade; Tuesday, yd.

15c 19c

J8.00 full-size guaranteed sagless Bed Springs (J A QQ for Tuesday : tD'rktXJO

$12 Guaranteed All-Felt Mat

tresses, full size; Tuesday

S8.98

$7 guaranteed All-Felt Dav

enport or Sanitary Coat Pads,

special Tuesday, only

S5.98

75c cretonne-covered QQ Pillows, Tuesday OtC

Iarge size Turkish Towels;

Tuesday, 15 cents,

or 8 for

S1.00

BIG REDUCTION ON ALL ROOM-SIZE RUGS TUESDAY

COUCH COVERSfor Tuesday

Rubber stair treads, Tuesday, each

89c 12ic

SPECIAL PRICES ON BED OUTFITS TUESDAY

All-Wool Germantown Yarns at, ball

Dry Goods A Cluster of Exceptional Values for Tuesday

10c 19c

S1.98

98c 29c 25c

25e yard-wide Fancy Outing Flannels for Tuesday, yard

$3.00 yard-wide Spanish Lace Tuesday, yard

One lot of $1.50 to $2.00 Wool Dress Goods for Tuesday, yard , 75c extra large and heavy Turkish -Towels, Tuesday

50c Plaid Crib Blankets for Tuesdayspecial at

One lot of $1.25 Wool Dress Goods for rQ, Tuesday, yard 4C

39c Turkish Towels large size-Tuesday

19c

20c heavy Fleece-Lined. Goods Tuesday, special ................ $2.25 double Bed BlanketsTuesday, pair

25c to 29c extra quality yard-wide Percales; Tuesday, yard All 25c to 2Sc Pure Linen Toweling for Tuesday, yard

39c Table Oil Cloth for Tuesdayper yard, only

One lot of $1.59 Georgette Crepes, all silk; Tuesday, yard

All 30c to 35c Dress GinghamTuesday, yard

,124c $1.59

19 c 19c 29c 79c 25c

ALL REMNANTS AT HALF VrICE TUESDAY ONLY

Ladies' The

and Children's Furnishings Best Offerings Possible

Ladies $1.00 extra quality Sateen Piettibockers r7Q Tuesday only I Flesh color Corselettes, four supporters, sizes 32 to 40. Special Tuesday QQ only , 0C Ladies' $1.50 Double Silk Gloves, all colors F7Q Tuesday C

Ladies' black or brown pure Silk Hose, full fashioned, our regular $2.00 number; absolutely perfect, no seconds. Just a very special item for Tuesday only

Children's Ribbed Hose, sizes

6 to 9Vi; Tuesday pair

15c

Ladies ankle length Union Suits, long or elbow length sleeves, flesh color or white, all sizes. Special clearance of extra quality gar- QQ, ments; Tuesday...... uOC Ladies Flannelette Gowns, extra heavy quality, QQ Tuesday fOL

The Hoosier Store

Corner Sixth and Main Streets

V-' ftW . 0 V f w t is