The Daily Banner, Greencastle, Putnam County, 2 April 1940 — Page 2

I

TEE DAILY BAXNEB, OREENCASTLE, INDIANA, TI*ESDAY, APRIL

1940.

—

KCPOKT OF CONDITION

Report of condition of Ftrst-Cltiz, s Bank anj Trust Company of CrerocLtlo In liana, a membe. of th. Federal Reserve System, at the rloM

ir>40 publi.slie.l in accordance With a » dii made by

i, t ho (il'i,V1SK '1.1 Dl ID ‘

of bu mos: on March 2b. r « n., viwi< m a of the Federal Reserve bank of this dr.-trict pursuant to the proviBt.na ot

:i9t*.6S1.95 63.865.00

to f None liens not assumed by bank)

593.48

$1,290,279.09

$51 R463.1S 367.916.75 203,300.29

15,129.82 3,810.41

Federal Reserve Act. ASSIirrs larans an I discounts (including $So.15 overdrafts) IT. S. Government obligations, direct aial guar ant. e I Obligations of States and political subdivisions Other bonds, -otes. and debentures . „ , , Corpcrat sleeks (inclu.iing $5,200.00 stock of Federal Res< rv< bank) . . Cash. I alanat's with other banks, ineluding reserve balanee. and cash items irt process of collection Bank pr emises owned $63,000.00. furniture and

fixtures $855.00

(Bank premises owned are subject

Other ■ ■ *

TOTAL ASSISTS

LIABILITIES

Demand deposit* of individuals. ,...rt!ie> hips, and corporations Time deposits of individuals,'paitne-stiips, and ccrporatlons

Deposits of State anrl political subdivisions

Depcsits of banks

01 h, ' r 1 rrAr" DEFOSTrs' ° " ' C »i!l01.620.45 tills .-av.ible re ,■ nuts, and other- liabilities for borrowed money TOTAL LEM ILI PIES (not •" » I "ubon Inated , obli-ation hewn belcwl - ...

' 1 '• ACCOUNTS

Capital 20,034.84

Reserve ('am^r'etirer’ent aceount for P‘eferred capita., ^L LdABILITmS^AND^CA , v. ACCOUNTS nsists of 72,7 0.00 - t • ipital note* an 1 Oelx nturpS. total par va uo of N« u toUl reUrab e value 8

, . stock V it . total p u value of $100,000.00. |

■MEMORANDA

Secured and preferred liabilities:

(a) Deposits secured by pledged axm ts pursuant to requirements of law . , rb) Borrowings secured by pie ted. assets (Including rediscounts and repurchase agreements) - .

(ci Othej liabilities secured by pledged assets (d) Deposits preferred under provisions of law but not serured

by pledge of assets

••j |, TlAraoM. am*, ft th.- .1 .ve-nutne.l liiji hereby oertity that the hbove .« i> """ •>' •»« - “tTSSJoLD?gSL.

d.y o, iprU t»,0

(SEAL ELIZABETH ENSIGN, Notary Public.

Mv commission expires Septembe ■ 15. 194.,.

CORRECT Attest:

N. C. O Hair, .1. B. Crosby,

Simpson M. Stoner. Dinvtors

THE DAILY BANNER

and

Herald, Consolidated

“It Wtoves For AH’’

17-19 SouCh Jackson Street

S. B. Ki trlden, Publisher

Entered In thte postoffice at Green-

$449,993 (M 223,^76 51

'' i 268 27 i castle. Indiana, as second, class mall

| matter under Act of March 8, 1878.

5,200.00 Subscription price, 12 cents per

week; $3.00 per year by mall In Putnam County; $3.50 to $5.00 per year by mall outside Putnam County.

A BIBLE THOUGHT FOB TODAY Believe and live: Jesus saith unto her. I am the resurrection and the

CREDIT illFETINC

I Continued from ru|[r One)

system; it ptovides ihe means for distribution of commodities in volume because of this fact credit is vital to sales and becomes a part of the sales promotion program; this has become more evident in recent years because credit is an active instrument of sales, accounted for in the fact that competition is centered

• IlitN lit C*

in fewer but larger producers each April

of whom is capable of offering products of equal lure to the consumer.

When the distributor or retailer had kf-ading Flub To the only attractive article, whether 1 Meet Thursday

automobile or mouse-trap it was comparatively easy to mark -t, but

Foreign Missionary Society Meeting Postponed Wednesday

The Women’s Foreign Missionary Society of Gobin Memorial churen scheduled t.> meet Wednesday, Apr.I 1, has been postponed until Wednci-

10.

-J* •l- 4*

^P^hmenM

FOR RENT: 3 room private bath, Kclvinator, M a ~ , 1 stove. Phone 790 l-tl

j? « ns r %\ -

,, „ i fm trilure, walls and woodword. o’clock at the home o? Mrs. Kennelh i$,wi et. 7 Highland. Mrs Steda

For Sale—

life: he that believeth in me, though that condition changing made it neehe were dead, yet shall he live; And essary to develop new means of* atu hesoev i- livcth and believeth in me | traeiing the buyer credit fell a vu -

shall never 'lie. -John 11:25.

Ncnc

value $ Noiv.

T)ersonals

ami LOCAL NEWS BRIEFS

Urn to this emergency and now lias tak rr its place as a definite selling instrument, therefore we must decide how it is to be applied to our individual c iter prise with the realization that it is powerful in its effect for

good or bad.

Williams will be i* charge of the program. Roll call will be “Sood and Bulb Coll ction.”

•I« *1* •b

Hundreds of new designs. Wallpaper and Paint Co.

Snider’s

l-3t

None None

$5,942.13 $5,942.13

Adolescent Study Group

To Meet Wednesday Evening The Adolescent Study Group of

A. A. U. W. will meet Wednesday

There are certain fundamentals | cvpnln g at 7 ; { o o’clock in Room HK» that must be recognized in the offer- in As | )U ,y Hall. Mrs. F. M. Vreelaud ing of credit the applicant has to W1 n ,, lx ,. lk on -young People in Hie

be worthy; first of all in character-1 j| Drnc ._"

and reputation—he must have the j .j. .j. .j. +

prospect of income to meet tire debt

J and preferably represent sufficient | ountry Beading t kih I reserve capital to liquidate his obli-| :<> Meet Ihursday

Sandra Kaye Black, Groencastle, j gallons should he meet reverses; The Country Reading

POSSI.S.-iUli\ AT ONCE We havr a baby gr and piano which we would like to sell to finish an account. We would like to contact r ome responsible family who can pay $141.22 on terms of $2.00 per week. Write at once for details. Give refererien. Address Baldwin Piano Distributor-, 44 S. Pennsylvania St., Indianapolis, Indiana. l-3t.

FOR RENT: Lawn roller p able. Phone 627-R. M '-i-B-lpj House for Rent: tlr:,., more, with elect i< garden and pastu sired. Mrs. Ella Ik

FOR RENT: .M'.ilern : , call at 8 East Hanna ,st Th( ‘1 Law Office. Inj FOR RENT: N ..i, r ozy room with , two. Prefer geiithnie: An ' college dormitory. ;:|.j ' 2-ltj

—Wanted

Mr. and Mrs. David Chavis and son, Kenneth Lee pent Sunday with Mrs.

Ora’ Rice and daughter.

Club will

Putnam county hospital | these requirements apply whether it j ac t Thursday afternoon at 2 o eloek

j is an individual buying a stove or a j with Mrs Ralph forr, at the home corporation requiring an operating | of her mother, Mr s. A. H. Richie. John Thomas, tire eight year old . | oan More credit losses son of Mr. and Mrs. Fay Thomas, is | countable through lack of

FOR SALE: Big English clover * reed, home grown, reclcaned, show- ! ing 98.5 per ei nt purr* seed, Putd'i - I test. John Knight, 4 miles south o: Pleasant Garden. l-3p.

entered the

Tuesday Vror-ning

FOR SALE: Horses, fresh milk cows, riding plow, walking plow, one

reporte.1 quite ill with scarlet fever, i tio , n about the applicant than be-j of meeting.

cause of poor judgment on the part |

r 1

ac- Mrs. John Cox will have the p.p. j tractor plow. Andrew Stoner. l-3p informa-j gram. Please note change in place j j-qr SALE: Six pure bred Hamp-

hire sows and 42 pigs. Virgil Whit-

»t*

i of thosc “Ending credit. The give. | ^ ^ c|ub

m d

Society News

The

[ member s were present for the meet-

ing-

Mrs. Roy Hillis was in charge r 'l ! the program. Roll call consisted of an exchange of seeds and bulbs. Con-

Currcnt Liter.fture Study tests-were conducted and prizes were

Current Literature Study Group Met Monday Evening

Croup of

A. A. U. W. met Monday given to the winners.

evening at the home of Mrs. G. • Giddings. Twenty members wenpresent for the meeting. Two excellent book reviews were given. Mrs. W. P. Cowan reviewed “Kitty Foyle" written by Christopher Morley and Miss Eleanor Putney reviewed “Testament of Friendship” written by Vera Brittain. Following the book reviews, refreshments were servtd by the

hostess.

+ 4- $• + Monday Club Met With Mrs. Hellinger The Monday Club met Monday afternoon with Mrs. J. M. Hellinger, 1028 s:,uth College avenue. Seventeen

During the social hour, refreshments were served by the h» stess.

CLASSIFIED ADS

Mrs. Thomas King returned to her

home in Greencastle Tuesday after- , of credlt ig a contributor and capital „ , ... n noon from the Putnam county has• j antl thereby in a sense becomes a, ^ K^Laf Clover Club !Pltal - ^ 4 * |f* t I partner of the debtor and as such Thurscl l y afu . lnoon at thc home of

Miss Hilda Garriott, Miss Sara I has n natural right to complete in-

McCammack. Max Barnett and Curt formatlon of the df ' ,) ‘° r ’ s financial two tg were ent Following Edwards went to Louisville. Ken- ^dition at all times. There should mppti Mi s A E B c ., t be no hesitancy to require financial! , • .u tucky last Saturday. f .. . . .. j ers gave the work on scoring the

J statements ami other information ^ from credit applicants those who i * < ‘‘ c, ’ en '

, . , ..i Refreshments were served by the

resent such procedure are usually collection problems for whoever

weakens.

aker, Eminence.

l-2p.

FOR SALE: Perfection four burner oil stove with high shelf, and oven Cheap. 307 W. Franklin St. l-2p.

Mr. and Mrs. Paul Hill, Berry street, Sanford Siddons, Route 3, and Marjorie Arnold, Fillmore, spent

Sunday in Paris, Illinois.

Mrs. Richie. Thirteen members and i FOR SALE: 4 young sows and

twenty-seven pigs. 8 shouts. Ber-

businesa meeting. Mrs. A. E. Bey- nard Shinn, Walnut St. Road. 2-2p.

i»1 »-* f V* i

All-steel Permalux constructed LIVING ROOM SUITES in new spring colors and fabrics. REEVES ELECTRIC CO. Tues.-tf.

WANTED: < - r. , ;pike tooth harii. rl! at cnee. Walter :-■ ,

Sell your old auti ( sheet scrap, wn. Indianapolis, Indiana A.'.h i;',-.J COMPRESSED STEEL ( ''

WAN 1 EI». Ail) io M lock. Call 278, Gif, I , 0 „ r ,' ■aid. John Wachtel Co WANTED M m-c to Havel. E guaranteed. Sec Mr lh :. I [),' vis Hotel, Braz 1, e\-, n j r

WANTED: Bags, hooks, jin V s|u ers, metal and iron. Hon,..) , , . food prl<-es. Greeni-aslli- |'.i! rr ; •unk Company. 711 Maple \„.„J ■ioiilli End. Phone (i(n. |.^ WANTED: Girl ■ work. Phone 451-1

i Greencastle chapter No. 255 O. E. ] S. will meet in regular session Wed- ; nesday evening at 8:00 o’clock. The ] business meeting will be followed'by i a social hour and refreshments.

FOR RENT: Two or three room apartment or bedroom. 709 south Lo- j eust. Phone 795-VV evenings. 2-4-21. '

FOR SALK: 3 red sows with 25 pigs. Lora F. Buis. I 1-2 miles west of Mt. Meridian. 2-2?. USE DaiLY bAIC-riLn ADVERTISING FIRST—Most People Gel Most of their Buying Ideas from Newspapers.

itcreKcjeraifl,;:

: -JJPJ3F

Springtime

And

Heal Time

Ivan Huffman who has been making his home with his neice, Anna Fellows at 408 east Hanna street, is critically ill at the Putnam coun-

ty hospital.

Earl Mendenhall appeared befo.e ! the Putnam County Liquor board this afternoon for a transfer of his beer retailing license from the south part of town to a location on the court house square. Gilbert E. Ogles announces that anyone desiring a ticket of admission to the Butler Field House, April 15, for the Thomas E. Dewey meeting,

There will be a seed and bulb ex-

Unfortunately too many of our legitimate merchants are tempted to compete with the “nothing down,”

“dollar when we cat. h you,” outfits I change at the April me eting. who use credit for cheese to bait the I .j. .p j, 4. trap of "poor values at high prices” [ Pll t namv i|| e p. T. A. To these goods are sold on a long profit; Bam|11 ,. t This Evening

The P. T. A. of Putnamville is

hostess and a social hour followed. ■ The next meeting will be Friday, !

April 26, at Mrs. Loyd Houck’s. The | FOR SALE: A lot on west Washdate was changed due tn the lead- , ington street. Phone 437. 2-tf.

er’s meeting which is on April 25. j

!

FOR SALE: Seed potatoes, onion

( rets, bulk garden seed. Greencastle j Feed and Seed Co., 106 N. Jackson

116. • 2-lt.

While a young man’s fancy may turn to love in t! ^ ^ springtime his constitution ■j J' still reminds him that its time to eat. For delicious i meals from 25c up, try the Castle Cottage Restaurant. I CASTLE COTTAGE RESTAURANT

a

(WEST SIDE OF SQUARE)

(8.H^', , :-. r tMt l JeiSMSIe | Ji?I3SISJf?ISI3®SJ3EI3I3IEI50MBIEI3I3®( il M313J3FyJEJEfEISIEMi?JS/BI( i:l JSJ5

APRIl

I 9 4 0^ ' “O* »“ »~HSr » 1 2 3 4 S 6 1 • 9 10 11 H 13 14 15 16 17 18 19 90 21 2993 94 9$ 96 97

98 99 30

^ ical laundry ser vice, ask for THRIF-'••-n *r*Y,>T)j,. flat vvi.rk is ironed and the

W hose birthday is this month? Whose anniversary is this month? Who graduates this month?

Sam Hanna’s Book Store Headquarters for Gifts and Greeting Cards.

basis and the percentage of those who pay, takes up the loss of bad cr: .lit. Those of use who give the public value received cannot hope to compete with this method because the margin of profit Will not permit. A good merchant cannot afford to over credit his customer because he depends on repeat business he must know the buyer’s capacity and arrange his paying program that payments can be made when due, other-

wise there will be friction wtuyi co!- c<>rlnthlan < ,. LSS To

lection is enforced or repossession mad:. There are few people who do

FOR SALE; 9x12 Axminster ru t ;, green and tan, $5.95. Furniture Exchange. West Side Square. Phone

20-li).

sponsoring a basketball banquet to be held at Putnamville this evening 1 170,1,

at 7:00 o’clock. Everyone is invited I to trttbnd and are asked to please 1 FOR SA9„E: Locust and red cedar bring their own table service. There f nee p. I :. George Irwin, Mt. Merwill be a turkey dinner with all the ! Mian. 2-2o.

trimmings.

—Lost—

LOST: Leather m .1 , 1 ( on east Washington .tie.' f irj return to Banner. pj

LOST: Ball-!.. ir::.g between Binkley - S: dicn arid Will residence on road 1 ; Keu.ud. Rturn- Banner- Offic. Ml

—Miscellaneous

We repair, rebuild Lupv. any piece of furniture mil ,u u,.:i ottomans. Phone T'.i -UX. l-6(

The Southern Echo Quartet, from Greencastle, will furnish entertainment througheut the evening.

•I* •!• -!• -!-

can secure such ticket from him by | no p welcome sensible advice and it 's application now. , j always better to use a little preven-

tion than a lot of cure ev»n though we may have the too often misplaced

Funeral services for James W Cash, who died early Sunday morning at the home of Mrs. Morton Smith near Bainbridge, were held Tpesday afternoon at 2:00 o’clock from the Sands funeral h;>me in

idea that we are jeopardizing the

sale.

The job of educating a sales organization to use credit and not

Bainbridge. Interment will be in the abuse it, is requiring a great deal of

tolerance and patience although strict credit policies are to be employed, it is folly to lay down a set

Bainbridge cemetery.

Victor Walter, Putnam couniy game warden, announces the Alb.ti

lake, on the old right of way of the j out ( |f. v iation such a practice not Big Four, northeast of GreencastD, j only discourages sales people but clhas been closed to fishermen until | j n ,mates the opportunity to recon.June 16. No fishing in it will be per- 'struct situations that could be made mi tied until the expiration of that | desirable; many orders are written period. The lake is a state spawning , on terms that are not acceptable or

Meet This Evening The Corinthian Sunday School Class of Gobin Memorial church will meet Tuesday evening at 7:30 o’clock with Mis. Frank Stoessel, 1002 soul’! Indiana street.

4, 4. 4,

Friendship Honte Ee Club Enjoyed Dinner Meeting

Eighteen members of the Friendship Home Economics Club enjoyed a dinner party at Mrs. Garrett’s Monday evening At 6:30 o'clock a chicken dinner was served after

SPECIAL SALE: one 3 weeks old Barred R ck chicks for Tuesday and Wednesday of this week. Come in and see them. A real buy. The O. K. Hatchery. Phone 130. 1-lt.

Real Rstate-

FOR SALE: The beautiful brick ‘ veneer home at 101 Bloomington I Street. A seven room house of mod- | orn construction, hardwood throughi out. A fine basement with garage,

of iron clad rules to be followed with-f which the social committee furnished

well arranged and interesting ev-

laundry and work rooms; also shower and toilet. A splendid heating plant with stoker. This is an unusual opportunity to buy one of Greencastle':! finest homes. Shown by appointment. J. T. Christie, Real Estate. * 1-61

—For Rent—

Penny Supper: ('■ "'s Ore 1 . Church, 3 miles s u'h f H “I » on Clay-Putnam County I:t Tta. day evening, April 4. Oundidat welcome. 2Custom Hat. hi:: T tf 3 l-2c. Setting w.ekly. Suloitl’J Turkey farm, Bninh:: Tues-Thurs-'l

LIVESTOCK LOANS To purchase her . sheep, chickens, imj ■ etc. Interest chat; . time you use the INDIANA LOAN CO 194 E. Wasliinglotr I'how !>

ground.

Mr. and Mrs. E. B. Taylor have received word from their daughter and family, Mr. and Mrs. Edward Wendall and two sons, in Madrid, Spain. George Wendall, one of the sons, wrote from Portugal and that letter was six weeks in reaching Mr. and 41 Mrs. Taylor. It was opened and •■‘censoted in Portugal. Mrs. Wendall wrote from Spain where that was censored and it took a nronth to re-

crive the letter.

If you want a low priced, econom-

weSntV; opfj}liri>i returned Horne Laundry & Oleti,.»,<.

damp. 2-lt..

FOR SALE: Pansy plants in bud end bloom. Should be sent out now. CASTLE GARDENS. Phone 105-W. l-2t

Entertain With Birthday Dinner A surprise birthday dinner was held Monday at the home of Mr. and Mrs. Dugan Ash in honor of Peggy Rhoades, pastor of the Full Gospel church. Miss Rhoades received many

lovely gifts.

Those att.fiding were Mrs. Lucille Higgins, Mr*. Minnie Nichols, Mrs. Lee Kendall, Mrs. William Carman, Mrs. Peggy Boswell, Mrs. Clarence Harvey, Me Artie Scobee, Mrs. Mildred Bovhnan, Mrs. Ida Baynard, Mrs. I^eonar’l Lewis and also evangelist, Alice CJ.ok and Imogen® TaytHi j . |,c^ Brazil. Several children were also

with credits that do not qualify but so are a large majority of these salvaged through rearrangement of terms or strengthening of credit. This suggestion does not apply alone to sales involving large amounts but to the over the counter business as well when clerk.! are held to strict rules and customers ask for exceptions the management should be construed before refusal is made. There are history cases when credit applications were rewritten several times and finally accepted. When a customer has committed himself to buy, he takes it for granted the proposition is consummated, even though he knows the contract is subject to credit approval because of this as-KunrpUo^,--he usually advertises to his friends a*ui asqualntances that he has bought a certain article t>r obtained .credit with some Store for this reason when he is reapproached to make the transaction acceptable he is most likely to co-operate as he does not want to Ire embarrassed with any reflections on his credit. A good policy Is strict but flexible. There is no discounting the folly of any attempt to compete with desperation, and loose credit is nothing more than that state of mind because business may he temporarily slow. It is not wise to use a means as hazardous as credit for stimula-tion-better to use advertising and other sales efforts to bridge the gap, 1 for while they may entail immediate' expense, they ca^r be controlled an I 1 credit inflation cannot, which w$' “ ' ‘ "jyf

ening's entertainment consisting nf

games and several contests.

Let us plow your gardens and get them in planting shape. Phone

27-6t.

. 769-WX.

The next meeting will be an all

day meeting at the home of Mrs. ■ F 01 * RENT: One efficiency apartIvan Lisby, April 10th. All mem- me bt, utilities furnished, hot water,

bets are asked to please bring a covered dish, sandwiches and table service. There will be a seed and bulb

exchange.

ENSOK KITES TO BE WED.

Funeial services for Claude Owe i Ensor, son of Mr. and Mrs. Claude Ensor of Clinton Falls who died early M ;nday morning from rheumatic fever, will be held Wednesday morning from the Clinton Falls church with

frigidairc. Cheap, See custodian, Co'e A P‘ S . 30tf.

TODAY KVMll U. S. Mint established 1792. Flowers are the Cheeriest Prescription for thc ill. HTEL'S FLOWERS 15 E. Wash.. St. rhcineW

Rev. Steve Burk in charge of the services. Interment will be in

Clinton Falls cemetery.

INDIANAPOLIS LIVESTOCK

the "

Hogs 8,000; 160-240 lbs., steady; 240-270 lbs,, 5-15 cents higher; weights above 270 lbs., 20-30 cents higher; 160 lbs., down 10c higher; 160-220 lbs.. $4.8O-$5.05; 220-250 lbs.. ! I $4.85-$5; 250-300 lbs., $4.65-$4.80; ! 300-400 lbs., 4.50-$4.60; 100-160 lbs.. 1 $3.35-$?.to; sows 10-25 cents higher, ■

mostly $4-$4.50.

Cattle 2,100; calves 600; about t steady on all classes; car medium < ■ weight steers $10, scattered load lots i ! $7.0O-$8.5O; early heifer sales $8- ‘ [ $8.65; vealers steady, top $10. I ■ > Sheep 400; supply mostly good and N choice western wool lambs, held around steady or $10.15. I < >

present.

4B*

sold with reputable, laerchandike’ dre ■ >'<|uisd. of prof^yiy^uj^aUanr**

Utl D lo* days or liLLr DISCOMFORT Tm CHICHE3TERH PILLS Tor iunottonal periodic pain

CHICMESTERS PILLS I ' IMF OIAMOND brand " i IN BUSINESS OVEft V 50 YEARS

Hoosier-Crost

THE HYBRID SEED CORN THAT FITS YOUR FARM

Putnam County lies in the Central Corn Bolt and either c 600 or a 700 series would be recommended.

See your local dealer (listed below) who will help you make your choice. t 1 — \ Our seeds are all graded by the host machinery avnilal' 1 '' '■ 1 ‘' ♦ large finis, regular flats, small flats, large rounds, and r, - n " j rounds. On lnish-1 will plant 7 lo 10 acres.

iii

Your Local Dealers:

MILLER GRAIN CO. QUALITY TEED STORE

BAINBRIDGE. INI).

HERBERT’S FEED STORE

CfiOVERDAI.E, INTI

gkkencastu !Nl) J MILLER GRAIN CO ♦ GREENCASTLE. ■>,)>( v |

MILLER .GKAiW ^ j KOAC HDALE. I* 1 ’ *

********