Globe-Gazette from Mason City, Iowa on January 13, 1949 · Page 20
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Globe-Gazette from Mason City, Iowa · Page 20

Mason City, Iowa
Issue Date:
Thursday, January 13, 1949
Page 20
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M.sen CHjr Globe-C^tlt Two Give Courtesy for Mrs. H. Ashland Clear Lake—Mrs. Byron Schnug, assisted by Mrs. Herman Anderson entertained a group of 12 women friends from Clear Lake and Mason City at her home Monday evening complimentary to Mrs. Harold Ashland. Games were played and prizes awarded. Mrs Ashland was presented several gifts. Refreshments were served at the close. A color scheme of pink, blue and white was used. COMMITTEE PLANS FOR CUB SCOUTS Clear Lake—Plans for a minstrel show to be staged by the Cub Scouts at V. F. W. hall as the program of the next pack meeting were made at a meeting of the Cub pack committee, den mothers and den dads at the C. E. Ashland home Monday evening. The date has been set tentatively as Jan 28. Plans for other January activities were formulated and construction projects to be done by the Cubs -were discussed. Mrs. Ashland, assisted by various den mothers, served refreshments. Sheffield—The annual firemen's ball will be held in the Sheffield Memorial hall Jan. 27. Macks orchestra will furnish the music. Deposits Down But Loans Up Locally Money Being Used More, Says Clark United Home Head Expects Stable '49 Loan demands were up and as a consequence 1948 was an unusually good banking business year, E. W. Clark, president of the United Home Bank and Trust company, reported at the annual meeting of the bank Tuesday. The bank has never been in better condition than now, he added. Deposits of $9,205,924 at the end of the year represented a slight decrease from 1947, he said, attributing it to an increased use of money. As more commodities have become available, he said, idle money has decreased, cutting deposits. • The annual statement shows loans of $3,581,710 as of Dec. 31, 1948, as compared with $3,150,612 at the end of 1947. Surplus, undivided profits and reserves also increased from $190,000 to S258 000. All officers and directors of the "COLP &U& I // GOT YOU ALL STUFFED UP? • When that nasty old "Cold Bug" clogs up your nostrils, has you gasping for breath—quick, Mentholatuin! Instantly it starts to lessen congestion, thin out thick mucus, soothe irritated nasal membranes. Soon you can b-r-e-a-t-h-e! Don't let the "Cold Bug" keep a stranglehold on your breathing—get Mentholatum. GET MENTHOLATUM QUICK i bank were re-elected. The officers include Mr. Clark, president; F. F. Potter, vice president; W. E. Gilduer, vice president; J. A. Van Ness, vice president; R. A. Potter, cashier; C. F. Weaver, assistant cashier; W. Howard Stewart, assistant cashier, and C. E. Sinnett, assistant cashier. Directors are H. J. Bryant, Rob Roy Cerney, Clark, F. F. Potter, R- A. Potter, John Gallagher, Gildner, A. J. Marshall, O. A. Satter and Van Ness. Births Near New Record; Deaths Down New York, (#)—The U. S. population rose by almost 2,500,000 in 1948. This was a net gain in human resources and consumers, or future voters and taxpayers, depending on how you look at it. Births were near the all-time record. Death was on a partial holiday. The death rate was the lowest in the country's history. By the year's end, the United States had about 148,000,000 people. The population will probably top 150 millions this year. The figures are given in the statistical bulletin of the Metropolitan Life Insurance company. Births totaled more than 3,650,000, just under the all-time high of 3,910,000 in 1947, it said. The death rate is estimated at just over 9.9 per 1,000 population. The excess of births over deaths is estimated at 2,200,000,'the bulletin reports. Immigration added on top puts the gain in population for the year at close to 2,500 000. 2 Suffer Fractures Riceville —Two Riceville people have been victims of the icy side walks. Mrs. L. L. Van de Walker broke her ankle when she fell on the ice. Mrs. Van de Walker was in a car accident some time ago and received a broken leg. Harry Cowan broke his elbow when he fell on the ice. Our Economy Dependent on Russ Moves" Heneman Says Buyers' Market Due in 1949 The peak in bank deposits seemingly has been reached, according to Fred C. Heneman, president of the First National Bank of Mason City, "unless inflationary factors reassert themselves in the coming year." If armaments and foreign expenditures increase, the trend would be inflationary, he pointed out in connection with the annual meeting of the bank Tuesday. "Our future economy depends mainly on Russia's moves because our entire foreign policy is directed toward combatting communism," he explained. It looks as if a buyers' market will be restored in most fields during 1949, "with house building dragging until last," he continued, but there are signs that the smaller towns are catching up with the demand for homes and labor is moving to larger centers to provide some competition and increased efficiency. In line with the trend elsewhere in the country, deposits are down somewhat from a year ago, Heneman said, while loans have in- rt-eased from $4,491,762 a year ago to $5,457,299 on Dec. 31, 1948. He added that he expected loans to continue at a high level. Surplus, reserves and undivided profits increased during the year from $895,000 to $1,017,000, the statement shows. All officers and directors were re-elected for the 80th year of the bank's operation. Besides Mr. Heneman the officers include Douglas G. Swale, executive vice president; Dean H. Lightner, vice president; William W. Boyd, cashier; 3 assistant vice presidents, Roy B. Johnson, Raymond C. Keister and Francis H. Darland, and 2 assistant cashiers, Alfred -M. Halsor and Ralph E. Wiley. The directors include Heneman, Swale, Lightner, Jay E. Decker, ^ \ . . . FOR AS LITTLE AS 4* A DAY! Instant hot water at the turn of a tap . . . freedom from furnace coils that give yon unsatisfactory water heating ... as little as 4t for the daily hot-water needs of a family of four—that's the sort of hot water magic yon can expect only from an Automatic GAS Water Heater! For a lesson in household economy, just compare an Automatic GAS Water Healer lo old-fashioned furnace coils. Experiments show that a water coil in a coal furnace will heat about 5JX> gallons of water for a penny. That means more than 7t for the daily needs of a family of four! As a matter of fact, whatever fuel you use, a furnace coil requires about 20% of the fuel—to say nothing of inconvenience when yow furnace isn't being meed for boose heating. All the hot water you want, when you want it, should be a must in your home. And piping hoi water from your Automatic GAS Water Heater serves you 150 work-saving ways! S«e 0s todoy ofaoof on AukxnoCc G*S GAS & ELECTRIC COMPANY Harlan W. Girton, Carl A. Henkel, Floyd E. Johnson, Carl O. Klath, F. W. Osmundson, Carl A. Parkr, John A. Senneff, Earl Smith, i. S. Thompson and E. H. Wagner. er MRS. A. CARDARELLI GIVES TRAVELOG Clear Lake —Catholic Daughters of America court met at the home of Mrs. John Siesseger Tuesday evening with Mrs. C. S. Brager assisting. Mrs. Alfred Cardarelli gave a travelog of her recent trip to Italy for the program and refreshments were served. The group went to the George Newman home at 8:30 to say the Rosary for the late Mr. Newman. The next meeting is Feb. 8. Saves Woman, 2 Small Boys From Fire New York, (JP) — While on his way to work Fireman George C. Mayer, Tuesday, saw smoke curling from a 3rd-floor apartment in Brooklyn. Mrs. Ida Thompson, 30, appeared at a window, a small son under each arm. Mayer stationed himself under the window, ordered Mrs. Thompson to drop the boys one at a time. He caught both. Then he organized onlookers into a life net of locked arms, and had Mrs. Thompson jump Into that*. She landed, burred about the face and body, unhurt by the fall. Mayer went to a fire box, and turned in an alarm. When fire crews arrived Fireman Mayer continued on his way to work. The smallest birds in existence are hummingbirds, and they are found only in the new world. Spring Patterns in WALLPAPER • Buy your spring paper now and take advantage of our SPECIAL JANUARY LOW PRICES BOOMHOWER HARDWARE RAIZES BUYS SHEETS - PILLOW CASES NASHUA SHEETS Trade-Wind brand. Heavy duty . . . strong and closely woven for extra wear. 81x99 Double Bed Size .... $249 PilSow Cases to /!A*. Match. 42x36. Each OjC ALL SHEETS AND CASES AT REDUCED PRICES! Regular $2.19 Pelzer Sheets Full 81x99 size, of quality bleached muslin. Bargain Basement Special. . . PILLOW CASES • Bleached Muslin • 42x36 for $1.00 CHILDREN'S SLEEPERS Warm Knit Snoozer Quality Regular $1.49 Value... BOYS' Underwear • Knit • Short Sleeve • Short Leg Regular $1-Value [•jiw:V Buy Your Sewing Needs Here and Save AH Regular 5c Items NOW 4 All Regular lOc Items NOW 8 Button Sale Metals and Plastics Regular lOc **-. Per Cards, NOW... **-. 3C Card Regular 79c Head Scarfs Large Assortment Rayons, Prints, Solids Children's — Misses' ANKLETS Bargain Basement Special 2 M, 25c Ladies' and Misses' SWEATERS ALL WOOL PRICES REDUCED Women's SLIPS Part Wool Knit $1.98 • Tea Rose * Grey . . . Boys' WINTER CAPS ... 39c 49c • SAVE 50% • Knitted Helmets Wool Caps with Ear Muffs SNOW SUITS Price Cut Every One a Close-out Special $4.98 $9.85 Regular $8.00 Values Regular to $15 Regular $17.85 Values... BUY NOW AND SAVE NEW LOW PRICES • FAST COLOR PRINTS • 36" FLANNEL Stripe and Plain Colors • ASS'T. CURTAIN GOODS Cushion Dots and Marquisettes Yard 29 Fruit of the Loom Cotton Knit PANTIES Mid-Thigh Length Spec/a/ 39' PURE WOOL YARN "Assorted Colors 2-oz. Skein, Each 39c CHILDREN'S - MISSES' GLOVES MITTENS 19c Regular 39c Value TOWELS •• WASH CLOTHS Cannon and Dundee Wash Cloths. Whites, Pastels, Checks. for 25c GUEST TURKISH TOWELS Regular 39c. Whites and Pastels ....... Cannon 18x36 BATH TOWELS, at 3 a real savings ^ for 25% Linen Start ex Twinkle TOWELING • Bleached • Unbleached • Colored Borders 19c Yard Regular 45c TOWELING • All Linen • Blues - Reds • Checks Yards Regular 39c TEA TOWELS Printed Floral Patterns. «* Bargain Basement Special 1m for 49c Children's SWEAT SHIRTS • Donald Duck • Mickey Mouse Regular SI.19 • Sizes 3 to 12 • Assorted Colors Slightly Irregular 79c Price Reduced NYLON HOSE 1 group 1st quality and irregular 79c Regular $1.00 Value Heavy Weight- — Large Size TOWELS 69c Pastel Colors — Slightly Irregular Regular 29c Value CHILDREN'S COTTON PANTIES »23c 1 Group 51 Gauge Hose, 1st quality, good colors, all sizes, full fashion 301 South Federal SAM RAIZES DEPT STORE Phone 434

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