Titonka Topic from Titonka, Iowa on January 16, 1975 · Page 3
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Titonka Topic from Titonka, Iowa · Page 3

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Titonka, Iowa
Issue Date:
Thursday, January 16, 1975
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Page 3
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The four Corner, Social Club Harms; 1 Janice MOoi-e, Marian the Victor Pitch home last | afternoon Visitor. Portland News By Mrs. Victor Pitch Written Thursday, January 9 , met Tuesday afternoon, January 7 in the home of Marian Spear. Roll call was the paying of dues. Attending were Karen Ruse, Lennice Harms, Wyona ANNOUNCING ACETYLENE and ELECTRIC Shop NO JOB TOO LARGE OR TOO SMALL! Welding and Repair — Located In — FORMER GULF SERVICE STATION R & L WELDING SHOP RUSS SHD7LER, owner Phone 928-2704 •jron+r», TTT«^ jj ^vaui, iviuuie aome. Mrs. jwarl Fenton were dinner guests i n Zwiefel of rural Titonka was an , Spear, Leona Haase, Emily Larsen and Vera Fitch. It was decided to leave the drawing of months for the next meeting. , Mr - and Mrs. Wardden Smidt Mary Weber, Lois Bristow and family of Titonka were and Arlene Wood met i n the Sunday evening visitors in the rt /"vvw r\ n£ TT A .. n frii X _1_ »• <• irtj n • . . _ ^ K^Rus r\7ei?eTaSd n a g y TV Vera Fitch on Weto - ^°n Smidt homr. gift from her S^Richlr ™* day afternoon to make the 1975' Lloyd Bartlett : gift from her Secret Sister. The next meeting will be held in the home of Kare n Ruse on Tuesday, February 4. Mr. and Mrs. Lance Riebhoff and Mr. and Mrs, Ben Bahling were Sunday afternoon visitors in the E. C. Schwieter,t home. Mr. and Mrs. Arthur Hix of received a •'• ™— —w iw ^ —. —'C** U-1V--I.U AC^GIVCU A Portland Progress Club books. Christmas card from Bhopal Mr. and Mrs. John Smidt Si "ga of India. Mr. Singa spent and family of Burt visited Sunday afternoon i n the home of her mother, Mrs. Erna Hillenga of Woden. Bernice Haase of Burt was a Sunday dinner guests in the Levant Moore home. Mrs. Earl To the End of Time the Spirit Lives Though life ends, on lives the spirit. It is this thought that »ur services express. WINTER FUNERAL HOME Phone Collect: 582-2858 or SttMTSl If no answer can 562-23W Buffalo Center, Iowa four years here working i n Bancroft and Winnebago. When he returned home, his children had grown so much he hardly knew them. Mr. Bill Rike of Wode n was a Monday evening visitor i n the Lloyd Bartlett home Mr. and Mrs. Arnold Koestler of Fairmont stopped i n to visit Lloyd Bartlett on their way home from Florida. They had spent .three weeks there. Mr. and Mrs. Fred Christ of Lakota called on Lloyd Bartlett Saturday evening They have just returned from a three- week vacation in Texas. They also visited Mexico. Rev. Alfred Smith, minister of ,the Baptist Church in Bancroft, will leave February 18 Shipler have moved into the house on the old Clappsaddle farm. Mr. and Mrs. Doyle Trenary moved onto the Bill Trenary farm. Mr. and Mrs. Earl Zwiefel visited Mrs. Anna Harringa of Buffalo Center at the Titonka Care Center. They also visited Mr. and Mrs. Harry Childs at not g< the Care Center. I taxes. the liklihood of tax reform. We will have a good opportunity to reduce or eliminate such loopholes as the oil depletion allowance, the investment tax credit and foreign tax credits, and to strengthen pthe minimum income tax to assure that wealthy individuals and corporations do not get by without paying any tmSL i ? 6arS and one According to a recent con- tongue, so that we may hear j g ress ional staff report, te n of more and speak less. , j the country , 8 rbig g st '^ « tions paid no federal income tax last year and another 20 companies, with profits of $5.3 billion, paid an effective tax rate of between 1 and 10%. We will also be considering the reimposition of wage and price controls to stem the inflation spiral, and it (may be necessary to expand the public service employment program if the jobless rate continues to by Senator Dick Clark As u.he new session of Congress gets underway, attention is focused on two vital and related areas — energy and the economy. The two are practically in- for Isreal. This trip Is a from his daughter. gift Mrs. Bill Hellman of rural Burt entered the Iowa City Hospital last Monday for surgery of the hip. one resource can depend ** o Name a more valuable asset than the health of the people. We can't. And we've spent 35 years paying health care bills. Blue Cross and Blue Shield of Iowa now serve 6 out of 10 lowans. As individuals, in employee groups, through Medicare, Medicaid, and Champus. In fact, more than one million lowans in all. It's the reason for 17 local offices, and 1,070 employees. To stay in touch with hospitals, and doctors and people. To keep us current on the incredible progress of modern health care and the benefits you need. So we can help contain costs. And this unique, personal service that more than one million lowans receive right now could continue to serve you well with national health insurance. Blue Cross and Blue Shield of Iowa, One resource you can depend on. •Hsglstered'Ma* Blue Grots Association •Registered Service Mark of the Natt«rt AMocWlon of MM* 8tt»M Nut ^^ Blue Cross. Blue Shield of Iowa DOS Moines/Sioux CHy We Car *i, separable — in the last year, United States payments for oil imports quadrupled, placing a terrible strain on our economy. Reduction of energy con- rise. sumption is a key step in im-!! ssues in 1975 — nationa proving the nation's economic ! n surance, for instance Congress will be dealing with a number of other important issues in 1975 — national health proving the nation's economic situation, and everyone is agreed that some kind of conservation program is needed. Congress will be considering a number of conservation proposals including rationing a gasoline tax, a tariff o n imports, a limitation on imports, decontrolling of oil prices, stepped-up voluntary conservation, and increased use of coal. Since a number of the proposals involve increasing prices or taxes in order to reduce consumption, we will also have to consider some kind of rebate system or other means to reduce the 'burden in low and middle income persons. Although energy conservation is a key factor i n improving the economy, Congress will also be looking at other areas for improvement. There will be another effort at tax reform, and possibly a tax cut for low and middle income individuals. The House Ways and Means Committee, where such legislation must originate, was expanded this year, increasing but it is clear now that energy and the economy will get priority attention. TRAIN TO BE A LIVESTOCK BUYER No experience necessary. However, you should have a farm background and enjoy working with livestock. Earn a good living and have a secure future in a growihg industry. Learn to buy cattle, hogs and sheep. If you have a sincere interest in becoming a livestock Buyer, write today with your personal background. Send your name, age, address and phone number. A personal interview will bo scheduled in your area. No phine calls, please. AMERICAN CATTLE CO. 175 W. Jackson Blvd. — 614 Chicago, Illinois 60604 CONSOLIDATED REPORT OP CONDITION OF TITONKA SAVINGS BANK of Titonka, Iowa and Foreign and Domestic Subsidiaries at the close of business December 31, 1974, a state banking institu- , tion organized and operating under the banking laws of this State and a member of the Federal Reserve System. Published in accordance with a call made by the State Banking Authorities and by the Federal Reserve Bank of this District '> , ASSETS „.-,,•••"" :• •:• 1. Cash and due from banks (including ' ,V $15,945.37 unposted debits) * 1 (189 ftdfl o<» 2. (a) U.S. Treasury securities $4,548,982 63 1 '° 82 ' 848 ' 98 (c) Total of 2 (a) and 2(b) above . . 4 548 on? «Q 3. Obligations of other U.S. Government agencies ' and corporations 4nn nnn nn 4. Obligations of States and polLtiial'subdivisions 1,411 428 26 5. Other securities (inclunding $14,400 Federal ' ) ^°" i0 Reserve Bank Stock 7. Federal funds sold and securities purchased under agreements to resell t 8. Other loans g j 9 ott^ premlses> furnltur e and fixtures, and '' ' 14. TOTAL ASSETS °.. " ^ premises Jor'on™? LIABnJTfP** $13,125,807.71 15 ' Sfd mand deposlts of lndivl <*uals, partnerships, 16. Time and savings deposits of individuals Dart-* 3 > 782 . 262 .19 nerships, and corporations ' 7 942 OR* m ?«' S eP ° SltS ° f United States Government '.'.'.'.'.'. 43'Jos'74 01 S ep ^f? ts of states and political subdivisions 305W R7 21. Certified and officers' checks, etc. g?' 795 ' 67 22. TOTAL DEPOSITS IN DOMES- ' TIC OFFICES (a) Total detmand deposits $ 28 TOTAL LMSnJTTp aV ' deposlts •* 8 >200J235.01 RESERVES ON LOANS AND 30. Reserve for bad debt losses on loai pursuant to IRS rulings) ... * «„ M . __ 33. TOTAL RESERVES ON LOANS AND 87,011.97 SECURITIES + * * (No. of shares outstanding 1,200) 38. Surplus 39. Undivided profits '.'.'.'.'.'.'.'.'.'.'.'.'. 40. Reserve for contingencies 'and other capital 41. TOTAL CAPITAL ACCOUNTS * a??'???'?! 42> J?^ L LIABILIT *ES, RESERVES/AND' * 876 ' 703 - 07 CAPITAL ACCOUNTS ' $13 m R07 71 MEMORANDA $",125,807.71 Average of total deposits for the 15 calendar sJ2»iP«»^ wr s/ Edward We, the undersigned directors, attest !?, ,,J e ?J?J 4.° fJ .° on £ ltion and declare that it ^ , Iowa> County °* K °«roto *»: Swornjo^and^subscribed before me this 14th day j /»/ Ctene Krominga, Notary Public

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