The Mason City Globe-Gazette from Mason City, Iowa on March 28, 1934 · Page 8
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March 28, 1934

The Mason City Globe-Gazette from Mason City, Iowa · Page 8

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Mason City, Iowa
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Wednesday, March 28, 1934
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Page 8
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1) V t EIGHT MASON CITY GLOBE-GAZETTE MARCH 28 · 1934\ AGREEMENT ON I SUGAR REACHED }iew Bill Introduced Would i Set Beet Sugar Quota at 1,550,000 Tons. ..WASHINGTON, March 2S. t-T-- ;hainnan Jones (D-Tex.) of the jouse agriculture committee an- r lounced today an agreement had teen reached on a new sugar bill 'i 'Vhich he introduced today, f i ' Jones told newspapermen it had ^ ie approval of the sugar interests '! Jid the agriculture department, f ad called the agriculture commit' 'ee to meet tomorrow with a view ·" o voting on whether to report the iill for house action. ' The'hill carries a quota of 1,550,,i 100 tons for the domestic beet ' )ugar growers and 260,000 tons for 3 she domestic cane producers. 1 [Quotas for possessions and other 1 sugar producing countries were left n ] Jo the discretion of the secretary k agriculture but a limit of 22 per i-j Jent on Cuban direct consumption sugar was imposed while in other '] )ugar growing areas the direct con] sumption limit was placed on the j inaximum imports in any one of the Ifears, 1931, 1932 or 1933. ' In other words, as Jones explained, this would not permit other jugar growing areas to export into the United States more than the maximum in any one of the three (rears named.- · . gstown Firms Announce Increases 1 i in Wages on April 1 j YOUNGSTOWN, Ohio, March 28. ,3?)--The Republic Steel corporation, Ihird largest in the.industry, today Vdded its name to the list of steel companies announcing 10 per cent 1 vage increases for employes effec , Jve April 1. ' ! At the same time a similar in- i :reas« was announced for employes ] )f the Youngstowri Sheet a,nd Tube ' ompany. J The Republic Steel corporation nas 22,000 employes, and plants lere and in Pittsburgh, Chicago, Cleveland, Buffalo, Birmingham, ijfassillon, Canton, Warren and S T iles, Ohio. The. Toungstown Sheet and Tube lompany, with 15,000 employes has jlants here and in Chicago. Illinois Legislature ·' Would Give Liquor ", [ Revenue to Schools " s SPRINGFIELD, HI., March 28. UP) "-The senate today approved -the a; ^ouse bill diverting liquor revenues h -p school relief and sent it to Gov- ··} inor Homer. The vote was 40 to 5 . 1 *t»r*aj»ii,*-fc*»-+1i«t. W*vttrriA*^"ti'.ttri«»-tHF Clear Lake Globe-Gazette h ELE! ar sa " tor OFHCE PHONE !JS EWIG BS pr A " g First National Bank to Open £ Young ,irst ochbol relief bill,to be passed J*y both houses during the third spe- *oial session.' Ralph Cram Operated ori for Appendicitis DAVENPORT,' March 28. UP)-- talph W. Cram, publisher of th Javenport Democrat, state advis ? ei in airport work in Iowa, an ,-nember of the newly formed low state commission on aeronautic underwent an operation for appei Jicitis this morning at St. Luke hospital following, a sudden attac at his home last night. Physician reported that -his condition is satis factory. m e n t h o l *· cough d r o p s A M E D I C I N A L FORMULA KNUTSON TO BE RESIDENT FOR NEW LAKE BANK ,ocal Businessmen Become Shareholders in New Institution. CLEAR LAKE, March 28.--The "irst National bank in Clear Lake 'ill open Friday morning, accord- ng to word received Tuesday after- oon from the comptroller of cur- ency in Washington. C. A. Knutson, outstanding hard- are merchant and candidate for ornination of governor on the re- ublican ticket, will assume the residency of the new institution. Other officers of the bank will in- lude George Peitzke, a prominent Clear Lake farmer, vice president; j. W. Sherman, cashier, and Miss Alice Roenfanz, bookkeeper. Directors of the institution in- lude C. A. Knutson. Hans Henrik- en and George Peitzke; James Petrson, owner of the Rasmussen .partments, and T. L. Sears, of the lears Construction company, all esidents of this community for ·ears past. The list of stockholders follow: William G. Boehnke, Dr. E. E. Chap- nell, Dr. A. S. Dice, J. G. Frey, the Farmers' Mutual Co-operative Creamery, Hans Henriksen, Rose Houder, John Houder, C. A. Knutson, George Knutson, S. Kennedy Jr., F. L. Knutson, Robert Kennedy Mason City and Clear Lake Railway company, Peoples' Gas and Electric company, J. A: Nelson. Page and Crane Lumber company, James Peterson/Charles H. Plattenburg, F. R Palmer, Ole A. Prestholt, George Peitzke, Minnie Roenfanz and T. L Sears. The bank is to be congratu- ated on such a substantial group oi shareholders who make possible a lew home owned bank for this community. Junior Federated Club Holds Benefit Bridge CLEAR LAKE, March 28.--Members of'Oie Junior Federated club held a .benefit bridge party at city 'all Tuesday night, entertain- injr"at 11 .tables.. , : . ., · Mrs. Lyle Stunkard received the prize for the high score for thi women and Roger Lehman of Mason City the high for the men. Mrs John Chizek and Lee Luick received the consolation -and Mrs. Osca Peterson the traveling prize. A lunch was served at 10:31 o'clock with Mrs. Mary Bowma' pouring the coffee. The servin; table was attractively decorate! with a yellow Easter rabbit, his nes and eggs, and yellow tapers. Mrs. Claron Leath and Kathryn Kennedy were in charge of th .affair. 125 Attend Charivari for Laurice Huntley CLEAR LAKE, March 28.--crowd of about 125 persons held charavari in honor of Mr. and Mr. Laurice Huntley Tuesday night a Mr. Hiintley's farm south of Clea Lake. The crowd was treated by th couple. Mr. and Mrs. Huntley re turned Monday from a short wed ding trip spent with Mr. and Mr P V. Miner at Northwood. Mrs. M ner is a sister of Mr.. Huntley. NEW BANK PERSONNEL NAMED City, Kenneth, and Wayne Knutson, Norman Schober, Juanita, Geneva and Afgel Henningsen of Clear Lake. Bob Hartz is 12 years old. Student at Columbia, Formerly of Clarion, Succumbs at Dubuque DUBUQUE, March 28. OP)--William Cain Earth, 19, a sophomore at Colummia college, died Tuesday night at 8:45 o'clock at a local hospital. A post-mortem examination revealed that death was caused by a. brain tumor. He had been ill about 10 days. He was born Aug. 3, 1914, at Clarion. He was graduated from Sacred Heart high school in Clarion in 1931. He attended Fort Dodge junior college his freshman year, entering Columbia last fall as a sophomore. He was an honor student of his 1 class. No definite funeral arrangements have been made. SCHNECK STUDIO GEORGE PEITZKE KJ.TJTSON SCHXECK STUDIO L. W. SHERMAN CLEAIt LAKE, March 38.--The new First National bank in Clear take opens Friday with a new personnel. C. A. Knutson will serve as president of the new Institution, George Peitzke, vice president; L. W. Sherman, cashier, and Alice Roenfanz, bookkeeper. · H.C. PETERSEN DIES AT HOME Services Not Arranged for Grant Township Pioneer Farmer. CLEAR LAKE, March 28.--Henry C. Petersen, 74, died at his farm lome near Grant Center at 1 o'clock Tuesday afternoon following an illness Funeral arrangements have not been completed. The body was .aken to the Ward funeral home. Mr. Petersen was one of the pioneers of this township. He is survived by his widow, one jaughter, Mary Petersen, living at home, four sons Fred T. Petersen, iving on the home farm near Clear Lake; Albert Petersen, Carpenter; Harry Petersen, Ventura, and Charles Petersen, near Clear Lake. He is also survived by a brother, George W.--Nelson,-and a sister, Sophie Nelson, both of Clear Lake, and two other brothers and sisters n Denmark. Clear Lake Calendar Pre-Nuptial Shower Honors Miss Sanders CLEAR LAKE, March 28.--A miscellaneous shower was held Monday night at the L. W. Sherman home in honor of Miss Lillian Sanders who will become the bride of Walter Haijsman in the near future. Bridge was played during the evening with Mrs. Leonard Haisman of Mason City receiving the prize for high score. A lunch was served with Easter decorations. Z.B.L. Girls Read Their Original Poems CLEAR LAKE, March 28.--The Z. B. L. club met Monday night at the home of Miss Greta Chappell. Original poems were read by Ada Kay Choate, Jean Siesseger, Irma Peterson, Greta Chappell, Evelyn Mitchell, Elizabeth Hughes, Audrey Deibler, Bertha Larson,-Mary Frances Peterson and Margaret Marie Wurtzer. Thursday -- Crescent club meets with Mrs. J. F. Palmeter, North Fourth street. Twentieth Century club meets at Mrs. H. S. Hushaw home, East Main street. Altrurian club meets with Mrs. B B Biley South Second street. Sorosis club meets with Mrs. Will Barlow, North East street. Commercial club monthly meet ing, city hali, 6:30. Rotary club meets at I. O. O. F. hall, 12:15. Candlelight Service Is Planned at M. E. Church CLEAR LAKE, March 28--A candlelight service of meditation and the Lord's Supper will be given at the Methodist church Thursday night at the Passion Week rites. A mixed sextet will furnish music for the services. Mrs. Faith Monaghan will sing "The Holy City" as the special music for tonight's program The Rev. B. W. Riner will speak on "Unreasonable Unbelief," using for his text, "Come Down From the Cross." The string quartet of the high school will also play at this service. Lake Friday--City council meeting. Saturday--Dance at Clear Country club. Dance at Community building White Eagles playing. The young or larvae of the gypsy moth, forest pest, have been found ridin°- the wind 2,000 feet high. Select Your New FRIGID AIRE This Week SAVE THE STATE SALES TAX OF 2% Any bona fide sale of Electric Refrigeration made prior to April 1 is not subject to Retail Sales Tax, even though the purchase price is not fully paid until After April L Small Down Payment will hold any box for future delivery CALL 3400 For An Evening Appointment This Week EASY MONTHLY PAYMENTS MIER WOLF SONS CLEAR LAKE BRIEFS Miss Kuth Watts, teacher Boone, is spending her spring vaca tion with her mother, Mrs. Ear Watts, North Fourth street. John Brooks who has been visit ing his sister in Dubuque and at tending- school there, is spending week in Clear Lake with his par ents. Mr. and Sirs. B. H. Ittatthew and daughter, Jean, and Miss Mir jam Brager "Dlan to move into th Brager house on 609 North Thin street, April 1. Miss Pearl Wheeler, teacher a Boone, is spending her Easter va cation with frierids in Clear Lake. The Misses Gladys Bohning ani Ruth Byers are expected to arriv Wednesday night 'from Iowa un: versity, Iowa City, to spend th Easter week-end with their par ents, Mr. and Mrs. John Bohning South Fourth street, arid Mr. an Mrs. D. F. Byers, North Thir street. Harold Charlesworth who place* first in the oratorical division of th pre-district declamatory contest a Charles City Monday night wi speak in the district meet at Pres ton in the second week of April. Bliss Billie Milne, dramatic coac at Hampton, arrived Tuesday nigh to spend the Easter vacation wit her parents, the Rev. and Mrs. W B Milne. Miss Milne accompame two students to Charles City Mon day night where one placed first in the dramatic section and one sec ond in the oratorical division of th pre-district declamatory contest. Miss Alice Woodhouse of Pl_ mouth has been engaged as clerk i the Clear Lake Bakery. Miss Wooc house was formerly with the Mr Lehman bakery at Garner. Miss Avis Briar of St. Paul a rived to spend the remainder of th week with her brother and sister-in law, Mr. and Mrs. Homer Bria South Second street. Dr. N. W. Phillips received wo: today of the death of a cousin, D C. W. Sanders of Northwood, Tue day night. Dr. Sanders and D Phillips were partners in a hospital | at Manly years ago. LARGE DEPOSITS TO BE PAID OUT ON OPENING DAY Bank Becomes Member Federa! Reserve and $2,500 Federal Guarantee. CLEAR LAKE, March 28.-- ank officials are working night nd day making preparations for le opening Friday of the First Na- onal bank which has been reor- anized and opens under a new char- r as the First National bank in ear Lake. This is the first bank in the corn- unity since President Roosevelt rdered a nationwide bank holiday ver a year ago, although it has een operating during the past months under tie National Bank onservation act of March 9, 1933, urnishing exchange facilities for lo- al business. $135,000 Eeleased. About $135,000 of individual de- osits from the old bank will be re- eased on Friday. This will mater- ally assist in the business prospects f the town for the coming season. Each depositor in the new trust will be notified by registered mail o cal at the new bank to transfer his deposit to the new bank. It is also necessary for the old depositors to present savings pass books and certificates of deposits in order .0 obtain their 50 per cent pay-out "rom the old bank. Liquidated Through Trustees. The $135,000 of the old bank will be liquidated thrugh the trustees, George Knutson, George Sheridan and Ray D. Robbins, who were elec- :ed by the depositors. F. P. Walker nas been retained from the former institution as agent for the trustees. As this sum is liquidated it is to be paid to the depositors through the new bank. The old bank will be liquidated in the new institution's quarters, but will be entirely separate from the new bank. The new institution opens with a capital stock of $50,000 and a. sur- lus of $10,000, and with over $325,000 of deposits of which $75,000 is in postal savings. It is a member of the Federal Reserve system and opens under the $2,500 federal deposit insurance law, which guarantees deposits up to that amount. Bob Hartz HasParty on Twelfth Birthday CLEAR LAKE, March 28.--Bob Hartz entertained eight children at a birthday party Wednesday afternoon at the Whit's Nile Spot on the south shore. The guests included Betty and Billy Williams of Mason · ~~ P A D Jtf Theater »A 1 "!*"*!^ Clear Lake WEDNESDAY "43ND STREET" THURS. - FBI. JOHN WAYNE AND DCKE "IHE MAX FROM MONTEREY" THEFT SUSPECT . SHOT TO DEATH Marshalltown Man Slain as He Resists Arrest at Boxcar Home. MARSHALLTOWN, March 28 OP) --Harold Cowell, 27, Marshalltown. died in ,a local hospital today after he was shot Tuesday night at his boxcar home in the southeast part of the city by Officer R. S. Smith when he resisted arrest. Cowell, sought in connection with the theft of $90,000 in bonds belonging to Mrs. Martha Gillespie, aged resident of the city, last May, had been arrested earlier in the evening but had escaped from the police station by diving through an open window. Officers gave pursuit and Smith went to Colwell's home to await his coming. Cowell was without a key and when he broke through the door Smith followed him and with drawn gun ordered Cowell to surrender. Instead Cowell attacked Smith, throwing him to the ground outside the house and began beating 1 him on the head with a brick. Smith fired three times, the third shoe piercing Cowell's right lung. In a grio in Colwell's house was found $21,000 in 520 and $50 bills. Earlier in the day W. J. Melton, also of Marshalltown, had been arrested and charged with conspiracy. Mrs. Peggy Cowell, Cowell's wife, is also being held on a charge of concealing stolen property The trail which the police here have been following since the Gillespie robbery last May led to Battle Creek, Mich., where it is 'said GROUP DISCARDS ROOSEVELT PLAN Senate Banking Committee Studies Glass Industry Loans Bill. WASHINGTON, March 28. UP)-The senate banking committee today discarded the federal reserve board plan submitted by President Roosevelt lor loans to private industry, and substituted a bill offered by Senator Glass (D.-Va.) The committee did not finally approve the Glass bill, however, but will consider it at a meeting Saturday along with the alternate proposal submitted by the Reconstruction Finance corporation. Up To Five Years. Under the Glass proposal federal reserve banks would be empowered to make direct loans to industry in exceptional circumstances up to five years. The money would come from their surplus funds. They also would have the power to make such advances through private banks, with the latter bearing 20 per cent of the risk. Each bank could make loans up to six times its surplus which is estimated would make more than $800,000,000 available for advances. 140 Million Surplus. Senator Glass told the committee the reserve banks would have a total surplus of about $140,000,000 a% ter paying the last installment due next month to the federal deposit insurance corporation. Under the federal reserve board plan,, a system of 12 credit banks would be set up in the reserve districts. Executive Council \ Approves Members \ . of Pension BoaA DBS MOINES, March 28. WB-A Appointments of the three member* of the state old age pension commlB- \ siori named by the governor were approved today by the state executive council. The members are A. L. Urick (R1 of Des Moines, Mrs. Mabel Meredith (D) of Ames, and John Porterfield (D) of Dubuque. Mrs. Meredith will serve the two year term, Urick's term will be three years and Porterfield's four, the governor said today. Members of the commission will hold their first meeting here tomorrow to perfect' their organization and lay plans for administering the old age assistance law passed by the recent special assembly session. Although only 28 years of age, Mrs. W. C. Westbrook of New Bern, N. Car., is a grandmother. - NEW Riff Valuz PHILCO an effort had been made to dispose of the bonds, which were identified by their serial numbers. However, !he bonds have hot been recovered. A long range business ; prophet j says that business will be brought back to normal by the fall of the year. Mr. Roosevelt seems to think it will be brought back by the fall of the dollar. -- Southern Lumberman (Nashville). Thin, Weak, Anemic Mrs. M. C. Lair of 835 No. 15th St, Lincoln, Nebr., said: "Dr. Ficrcc's Golden Medial Discovery is excellent for the blood. When.I was anemic and rundown and had headaches it , built roe up in a short time." W r i t e Dr. Pierce's Clinic, Buffalo, N. Y., for free medical advice. "GMD" is sold by all druggists. New size, tablets 50 cts., liquid $1.00. Large Slit, tabs, or liquid, S1.35. "We Do Our P«rt." 84 B Only $20 Just Received! A new, attractively designed Baby Grand in two-tone maple. Includes special Electro- Dynamic Speaker, and many other big-set features! Here's a radio that sets a new standard for quality performance at a really low price! EASIEST TERMS* See our complete display of latest 1934 PHILCOS P. G. * E. Nobody finds a constant c To be exactly pleasing, Nobody seems to get a thrill From sitting rouna and freeiing. 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