The Ottawa Herald from Ottawa, Kansas on March 25, 1963 · Page 5
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The Ottawa Herald from Ottawa, Kansas · Page 5

Ottawa, Kansas
Issue Date:
Monday, March 25, 1963
Page 5
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German Economic Invasion . * • . • . * • -. ' " " -' , Prices Up In Ireland By JOHN P. GALE DUBLIN, Ireland (AP)-Nu*l« O'Dea,*, from an old IrUh fun. ing family, il a tiny and latitfied part of a Gorman economic inva- •fon roiling acrou her homeland. BOas O'Dea works for a Gorman factory in the sprawling industrial hinterland springing up around Shannon Airport. She starts at I a.m. in a brightly lit, atr-eondi- tiooed factory block, takes orders from German bosses and earns H8.M a week. "Fm at least I pounds-ft.*a week bettor off than in my last job as a waitress," she says. '1 am also able to stay hi Ireland. Until this job came along, I had made up my mind to emigrate, probably to America. Ttore was not enough work for me on the farm." ..Other Irish people view the German invasion lets blissfully. German land investments have sent values rocketing in some areas, good farms of 300 acres now cost more than twice the national average of 9225 to $250 an acre. German demand has also pushed the prices of some residential holdings in County Cork to about 10 times their previous level—to $700 per acre. Gremans bid this month for Ottawa Herald Ufe* «•&» OBMI BoHtftjra. e«OOM OMM tewa. KMMM. M C* •uMertptinn nu«t I* trtt* irw—B) nail. «• month «.** ttm $1.00. rix Months, SS.SH, out 7M* rtuMcnptiue r*w* WUMO MM woo — B» mall, meauu »4.a»: or no AMOCIATBD you. 118.00. nmfMB» flw AMootatod Prooo u ntttlM •*• ciuMvoly to OM «• fw ywMttattw « •HUM total •««• BrtMM !• ttw M*t> •••or M ma O* •* A» •••• *«» for Fasf Results i READ and USE pEWANTADS EGULARLY! CH 2-4700 about SNMM north of in County Donegal. Much'of'it U armland. Dublin's Jtrior Chamber of xHnmerce warned of a danger tint the small Iriih firmer would be swept aside in the land by over »e«t investors. \ Jw far* the Irish government MB stood off demands to curb the rate of investment It is in fact lying to attract more industrial* ists, settling them hi fsctories and Mying state grants up to two- Mrds of the total capital cost of building, site development and machinery. There are benefits ranging from interest-free 7-year loans to a 10- year tax holiday on the profits of all new export industries. At Shan- the tax holiday lasts until 1184 and raw materials enter the airport free of duty. Twenty-fan- German industries have settled in the republic since 1951, attracted by these favorable terms and also the availability of a large low-cost labor pool. German industries are turning out on Irish soil such diverse products as ballpoint pens, carpets, cranes, pain driers, wallets, fork lift trucks and mouth organs. Nulls O'Dea's boss is Anton Dahmen from Aachen. He is works manager of a factory at Shannon that turns out fine wire game for television screens, auto carbureters and pharmaceutical slid he had made • point of trying "not to bear down too hard" on his work force. "They are more easily led than driven. Once they wanted a longer tea break. They got it. They wanted new stuff for the canteen -electric kettles and so on. They got that too. "The big advantages of manufacturing here are the plentiful staff and our location. We ire much nearer to our markets in the states and in England. We can meet an order from the U.S. in three days if the stuff is in stock." Name Kansas AAUWHead OOFFEYVILLE, Kan. (AP) The new president of the Kansas division of the American Association of University Women is Mrs. Robert Hersog of Ellsworth. Other officers elected Friday at its biennial convention are Mrs. C. A. Biggs of Coffeyviue, first vice president; Miss Leona Krehbiel of North Newton, second vice president, and Mrs. Peter Fran cis of Ellsworth, secretary. The IMS convention will be in Wichita. Old Grist Mill ~ Will Be Sold ~ MILFORD, Kan. (AP)-One of the list grist mills in the state will be sold it auction in Milford April 6. The mill, built in 1869 and now mted by Norman Steinbruck, will be sold because of construction of Milford Dam. The antique milling equipment includes two stone burrs, a corn meal burr, a wheat burr for flour and three flour boulders and other equipment. Just As Soon Skip His Turn BALDWIN, Mich. (AP) - A search party of 25 volunteers and state police spent Saturday night combing the woods 10 miles south of here for Roger Bobbins, 12. Roger, son of Mrs. Da Hilts, returned to his home near this northwestern lower Michigan community at 5 a.m. Sunday. He explained that he had dodged the searchers for seven hours because "it was my turn to wash the dishes." No Luxury In Handbag PHOENIX, Ariz. (AP) - The nine, women of the Arizona House of Representatives are on the warpath. The top of the speaker's rostrum was covered Thursday with handbags of all shapes and sices. A sign on the rostrum read: "House Memorial 3 on the debate calendar or else," It was signed, "The Women." House Memorial I urges Congress to repeal the luxury tax on the sale of handbags. The women claim handbags are the same as pockets in a man's trousers and thus a necessity, not • luxury. Machines Will Do Teaching NEW YORK (AP)-New York City plans to use automation to fight the effects of automation. James J. McFadden, acting city labor commissioner, said Sunday night that automatic teaching machines will be used soon to train I workers whose job skills have be This is the house that Jack fixed.. with the jack he got from house! • Ltsus • iHlf ttlHf • Financing ciai T"nter s tate O DU8G F I M A M C • COMPANY TOM TOULOUSE, MANAGER 4» South Main St - CH 2-UM OFFER'S bloom iii the Spring Shop now for all the special needs that Springtime brings-with a Shopper's Loan from Household Finance. Buy new clothes to outfit the whole family, shop for a better car, buy things for the house. With cash, you shop for eliminated ar threatened fcjr Increasing industrial automation. Intially the machines will be usoi to (rah M* worlcen as e!ee» tronic technicisns, McFadden said on a taped television show. Official Statement of the Financial Condition of THE WELLSVILLE BANK Spring bargains at any store. Trust America's oldest •nd largest com- R any of Its kind to alp you meet the season's extra money needs. Ask about Credit Life and Disability Iruurance, group rate, on loan* above $300 e**b VwO* f » SIM 30f 5N lOflf 21M MONT *£» 543.67 85.64 MYPA1 tvmit (5.90 17.71 28.15 51.96 103.14 fMINT 1 u ****** % 7.27 21.81 35.05 65.90 132.37 1ANS *U *vmtt $10.04 30.13 48.97 93.78 190.92 CfarfM «r< ew***W ft 3% tm M* purl t) tetuduM montUy Mmcti mH <MMrfi*f H09 •••«•••««••*••••• ••••«•••*••*• At the Close of Business March 18, 1963 RESOURCES Loans and Discounts C. C. C. Loans •• Bank Building Furniture and Fixtures United States Bonds Other Bonds and Warrants Cash and Sight Exchange ••• 1,342,151.21 92,114.51 3,000.00 3,500.00 319,614.50 476,941.38 498,651.33 LIABILITIES Capital Stock (Common) Surplus • Undivided Profits • Securities Depreciation & Interest Payable Reserve * Deposits Certified Checks ••• Statement of Condition of HOUSEHOLD H 831V& Massachusetts Ave., ever Lttwins PHONE: Viking 3-7545 O*M Thurssoy ovosfsss ssM 1—00104 Ssfwssyt Loans made to residents within a 100 mile radiat 2,806,972.93 80,000.00 80,000.00 99,815.86 15,000.00 2,531,737.07 420.00 2,806,972.93 OFFICERS L. W. HOSTETTER, President W. H. MOHERMAN, Vice-Pres. H. E. DeTAR, Exec. Vice President CARL C. WARNOCK, Asst. Cashier J. HUGH CRAMER, Aatt Cashier LETHA BELL, Asst. Cashier RICHARD L. MOHERMAN, Asst Cashier R. Y. Lidikay H. E. DeTar Carl C. Warnock L. W. Hoitetter DIRECTORS W. B. Smith W. H. Mohcnnan J. E. Moherman Richard L. Moherman Mem ber of Federal Deposit Insurance Corporation Established 1885 \\ First National Bank OTTAWA, KANSAS At tht Clest of Busintss March 1 8, 1 963 Saeldnf MW «si brttar wtyato ba «f atrvie* to yatv RESOURCES Loans and Discounts ••• Bank Building Stock in FocUral Rostrvt> Bank U. S. Govtrnmtnt Securities Other Bonds and Securities Cash and Due from Banks . «•••••<••«**««»*«•>•••««»««•«««•••••*•• ••«»•«*«•«••*•«•••« ««««•••.••«•*<•>*•«>• «•«»•••••«»•«••«•*••••> «•••«««•««««•«»•«•«»•••»* LIABILITIES Capital Surplus Undivided Profits and Reserves Deposits . «>••*•«••••••••««*••*•*«.**««»»»•««•••• .....i • «*••«•»«*««««•«•«•<*«*»«••««««*««*«<««•««««•• •«••«»•***««>•«•• . •.(•«.«•««««•*•««*•••««..•••*•••«•••*• 2,531,342.10 61,000.00 9,750.00 1,516,077.50 749,056.79 5.901,335.07 125,000.00 200,000.00 221,697.00 5,354,638.07 5,901,335.07 Tlit above statement Is temct. J. J. CHANDLER, Cashier Office*. R. M. CLOGSTON. President R. 8. HANES, BMC. Vioa President C. W. HEGBERG, Vice Pres. W. A. SWIFT, Vice Pres. J. J. CHANDLER, Caafctor H. A. Letchworth, Asst. Cashier. Frances 0. Jews, Aatt. Cashier. Mrs. R. D. Mahoney, Ant Caihiw R. 1C. CLOGSTON *. S. BANES W. A. SWUT C.W.HJGMRO W.E.RMWHG C M, OTT KUKABETH C. CLOGSTON A.W. CHANDUm J.J. CHANDLER You ar* ahrtys waleosM el the "URST" Feieiel Deptett btmice C+rpwttea OUset ••** to Ita** Oeemty PEOPLES NATIONAL BANK! TIME TEMPERATURE mmmm^^mm 4tt«4»ri>Kya\Y SAVINGS DAY Directors: Robert B. Anderaon Secretary-Treasurer Bennett Creamery Co. Ransom Bennett, Jr. Vice President Bennett Creamery Co. C. P. Burrows Executive Vice President W. B. DeVilbiss Chairman of the Board J. W. Dickerson Vice President and Cashier Milo M. Hewitt Vice President Ottawa Savings & Loan Member of The Kansas Industrial Development Commission Margaret S. Hudelson Assistant Cashier George E. Lister President Thomas F. Porter Porter-Spears Ins. William W. Wallace President Ottawa Wholesale Grocery Officers: W. B. DeVilbiss George E. Lister C. P. Burrows J. W. Dickenon Alma Schweitzer Margaret S. Hudelaon Maxine Llchtenberger W. G. Ransom, Jr. R. C. Winchester Peoples National Bank OTTAWA, KANSAS At the Close of Business March 18, 1963 RESOURCES Loans and Discounts 3,256,155.26 Bank Building, Furniture and Fixtures Federal Reserve Bank Stock U.S. Bonds Municipal Bonds Cash 85,000.00 12,000.00 2,202,087.89 528,567.95 1.364.896.65 7,448,707.75 LIABILITIES Capital Stock Surplus Profits and Reserves Deposits 100,000.00 300,000.00 236,388.11 6.812.319.64 7,448.707.75 Correct: J. W. Dickenon, Vice President ft Cashier Member Federal Deposit Insurance Corporation "A Bank large enough for every financial service... not too large for personal attention to the needs of each customer." Chartered in 1871 Guaranteed Interest A on Certificates of Deposits Issued for One Year Quarantotd . ^^^r^f^^t^^^ A

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