The Des Moines Register from Des Moines, Iowa on July 27, 1969 · Page 22
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July 27, 1969

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The Des Moines Register from Des Moines, Iowa · Page 22

Des Moines, Iowa
Issue Date:
Sunday, July 27, 1969
Page 22
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Page 22 article text (OCR)

PHOTO BY SUNDAY REOISTER IOWA NEWS SERVICE Antique Meet in Wisconsin This crossing near LaRue, WIs., Is likely to be a busy place Aug. I and 10 when the Mid-Continent Railway Historical Society sponsors the first annual antique transportation weekend. There promises to be everything from operating steam locomotives to hot air balloons, Incndlng antique cars, antique aircraft, horses and buggies and a silent movie theater. LaRue, now a ghost tiwn, once had a population of 500. You Can Enroll Your Child In LS.U. Puppet Workshop (Thi Rigljfir'l low* Ntwi Sirvici) *AMES, IA. — The Octagon Players, part of the Ames Society for the Arts, will present a three-day puppet show and workshop for children in Iowa State University's Memo- < rial Union Tuesday through Thursday, July 29-31. The public is invited at a $1 registration fee. Workshop participants may register at the main desk of Memorial Union until 5 p.m. Monday. The first event will be a puppet show, "A Summer Fantasy," at 1 p.m. Tuesday. Directed by Mrs. Veronika Rued- enberg and Mrs. Nancy Kegley, the show will feature hand puppets, clown acts, and free style music. Assisting will be Lucia, Ursula, Annette, and Emanuel Ruedenberg. The workshop will be all day Wednesday. Children in grades Kindergarten through 3 will make shadow puppets from 9 a.m. to 12 noon. From 2 to 5 p.m. children in grades 4 through 6 will make hand puppets. All materials except scissors will be furnished. ; The children will present a puppet show consisting of •simple sketches at 3:30 p.m. Thursday. Rehearsal for the show will begin at 1 p.m. N.D. Pro/it of $5 Million On State-Owned Bank By Paul Albright (AiMdeM Prut Wrltir) BISMARCK, N.D. (AP) - A state-owned bank that began life as an experiment in socialism observes its fiftieth birthday Monday firmly rooted in North Dakota's agrarian history. The Bank of North Dakota stands as the nation's only folly state owned and operated bank although the state *>f Delaware maintains con- ;trol over the Farmers Bank •of Delaware, a commercial bank. North Dakota's state bank, one of two institutions enduring from the socialistic experiments fostered by the Nonpartisan League, is noncommercial in its operations, although far from being a nonprofit operation. Each two years, the iWth Dakota legislature drains off $5 to |6 million in bank profits to help pay the costs of 'other state government operations. The bank became a keystone of the Nonpartisan League's program enacted after it won control of North Dakota's gov- elections of 1916 ejnment in and 1918. A series of state-owned operations faltered and disappeared qver the years with the exception of the bank and the state mill and elevator, which still operates a profitable commercial Forks. operation at Grand 12%% Interest The bank was born against a backdrop of low prices for agriculture products and mortgages of 12'/i per cent interest, Thompson said. From August 1919 to October 1933, the bank loaned almost $41 million to about 17,000 farmers with the notes bearing ' 6-6J5 per cent interest over 2630 year periods. By 1934, however, only 12.2 per cent of the agriculture STORM LAKE'S COURT HOUSE (Thi Rtglitir'i lowi Niwt Sirvici) STORM LAKE, IA. - The loans were in good standing as Buena Vista County Board of farmers, fighting drought and Supervisors has accepted low depressed prices, found they {bids totaling were unable to meet payments. ! $1,092,387 for Acquired Land construction of By 1936 the state had foreclosed on 21 per cent of the loans, lost $8.8 million in the rural credit program and acquired 6,277 tracts of land. Despite a foreclosure moratorium being declared the state bank owned nearly 1,600,000 acres of land by 1942. As this land was resold after 1938, the state retained 50 per cent of the mineral rights, which proved valuable after discovery of oil and gas in the state in later years. FHA Loans With the growth of federal farm programs, the role of the lank as agriculture creditor dimmed. "We haven't had a request for a farm loan in I Lake. The general contract was awarded to Mervin Peterson Construction of Alta for a low base bid of $838,262. Wilhelmi Plumbing and Heating of Storm Lake was awarded the mechanical contract for a bid of $136,805. Beco, Inc. of Remsen was giv-j en {he electrical contract for $117,320. i Buena Vista County residents! in the last general election voted a $1,200,000 bond issue to build a new court house to replace the old one built in 1886. The new one will be built on the site of the old court house, which has been demolished. 9 Sea Tales By Simpson Prof Harold F. Watson, professor emeritus at Simpson College, is the author of a book, "Coasts of Treasure Island," published by the Naylor Co. of San Antonio, Tex. Watson traces the development of sea stories in literature "against the b a c kground of the windjammer and the Old Navy." He served at Simpson 36 years. He was chairman of the division of humanities before his retirement in 1960. FORT DODGE NASA EXHIBIT (Th* K«tlit*r't low! N«w«.J«r»le«) FORT DODGE, 1A. - Th« Joint County School System of Hamilton, Webster, and Wright Counties has undertaken, with co-sponsorship from the Cnanv her of Commence and Iowa Central Community College, to bring to the City of Port Dodge and Northwest Iowa a National Aeronautics and Space Admin* istratlon (NASA) Space Exhibit. 'This exhibit will be housed from Sept. 15 through Oct. 5 in the Iowa National Guard Armory located on Highway 413 north of the city next to Fort Dodge Municipal Airport. Included in this exhibit will be full-scale model* of the Gemini and Apollo spacecrafts; Lunar Orbitor, Surveyor, Mariner-Mars spacecraft; full scale models of the Application Satellites: Numbus, Syncom, Relay; l/96th scale model of the Saturn Vertical Assembling Building; % scale model of the Command, Service and Lunar Module used in the moon landing. The exhibit'! value Is In excess of ftM,«M. Audio and visual materials will be available to visitors. They will be able, through the use of film, to fly to and land on the surface of the moon. This Space Exhibit will be open daily from 9 a.m. to 4 p.m. to visiting school children from the area. The exhibit will be open 7 to 9 p.m. on Monday and Wednesday evenings and from 1-5 on Saturday and Sundays to accommodate the general public. There is no charge. NASA JOB (Thl HUllfir'l IOWI NIW1 Sirvitt) WINTERSET, IA. - G. Michael Montross, son of Mr. and Mrs. George Montross of Winterset, is in the program and special reports division of NASA, in Washington, D.C. He is a 1963 graduate of Grinnell College and did graduate work at the University of Iowa. r '••• PHOTO BY SUNDAY REGISTER IOWA NEWS SERVICE Cooling It at Sioux City Hannibal, a 15-month-old St. Bernard owned by Marvin Barnes of Sioux City, appears to have it made in the shade during the recent heat wave at Sioux City. Barnes, who perhaps during the sizzling weather didn't want to argue with a giant hot dog, came up with an Instant dog cooler consisting of a child's swimming pool, water and a makeshift canopy over the top to protect Hannibal from the sun. Principal at Mount Pleasant (The Register's Iowa News Service) MOUNT PLEASANT, IA. Richard Van Tyul, former as- sistant principal of Mount Pleasant High School, has been named its new principal. Van Tyul, 49, succeeds George Stanley who resigned last week for health and personal reasons. Jon L. Cook, Pocahontas, has been hired as junior high coach and instructor. He replaces the late Donald Taft. Dei Meinei Sunday Register Mr i?. me 9.T Third Newt Section * ' Bronze Star To Creston Man <TM RCglittr'l low« News S«rvle«) CRESTON, IA. - Army Capt. John N. Priest, 26, son of Mr. and Mrs. John B. Priest of rural Creston, has received the Bronze Star for meritorious service as a pilot in the 23rd Artillery Group's Headquarters near Phu Loi, Vietnam. Captain Priest recently completed a twelve-month tour of duty in which he flew more than 100 reconnaissance missions in light aircraft. He is now spending a 30-day furlough with his parents and wife, Phyllis. 14 Prieod $100 to $34$ (Pictured Zonith Slim Carlyle Optic*! Aid) When you want the finest in hearing help — don't settle for anything lest than Zenith. You can't buy • finer initmmont. Ailt for • fro* demonstration and •ik about tho Zonith Aftor-Pur- ehiio Protection Plan. HEARING AIDS The eualilv ten .In Mere mi name •oet on. Phone 244-2622 Home Appointment! Available AUDIPHONE CO,, INC. 214-6th Ave. erowi« Plow, PUmlne don't know when," Thompson said. But the bank carries $9.5 million in loan notes from the Farmeri Home Administration and has other millions in FHA and GI housing loans and Small Business Administration loans — all guaranteed by the gov-i eminent. The bank is not permitted to make loans directly to individuals or businesses except in cases where loans are guaranteed by federal or state agencies. 1,5M Accounts Some individuals do maintain accounts at the bank — about' 1,500 checking accounts and 600 savings accounts. Private banks have moved into areas that formerly had been handled by the state bank. To illustrate, he pointed to a gradual decline in deposits over the years — $117.9 million at the end of 1955, $105 million at the end of 1965 and $99.9 million at the end of 1968. No Branches Members of the private banking industry in North Dakota have grown accustomed to the bank and aren't expected to challenge it unless it moves into the competitive field or begins opening branches around the state under the power .it has had since its inception. The bank is not a member of the Federal Reserve system or the Federal Deposit Insurance Corp. because, Thompson said, the state of North Dakota guarantees the soundness of the state bank. JEWETT LUMBER CO. CASH & CARRY SALE PANELING Vinyl finished Pecan (seconds) some imperfections 4x7 Panels $166 2 Each Pre-Finished Moulding to Match Pre-Finished Mahogany 3.29 ea. Pre-Finish.d Walnut, 4x8 4.98 ta. Pre-Finished Teak, 4x8 . 4.98 ea. Tan Oak, 4x8 4.98 ea. MASONITE 12" HARDBOARD SIDING $1O 50 19 Ptr Sq. DFPA FIR PLYWOOD Standard 4x8 Panels 4x8 '/4 AD Fir Plywood 3.99 ea. 4x8 '/• CD Shtcp .3.52 ea. 4x8 1/2 CD Shtq 3.74 ea. No.1 Kiln Dried Fir STUDS 2x4 — 8 89- ea. BIRD WIND SEAL* SUNDAY, MONDAY, TUESDAY SPECIALS! • 1 Wh ft Kee • 2nd ft Euclid • Wakenda Shopping Center PARK PAIR SHOPPING CINTER YOU CAN CHARGE ANYTHING ft EVERY THING at KATZ ^RED-HOT COUPON j EUGENIA : • • • Facial Tissues • Box of 2002-My _. {••••••••••••••••••••D MD-HOT COUPON! AQUA NET HAIR SPRAY 39' 99e Sizi 13 ounces •'••••••••••••••••••••i .^RED HOT COUPON! Seamless PLAIN-KNIT Nylon Hosiery Irregulars of $1.65 Sellers firctd at (nd to*. Ml. Riin hill SUM pr . JOHNSON ROD and REEL Reg. $22.95 Q95 Spincast rod with a lifetime service guarantee. With star drag and positive anti-reverse. Approximately 310 yd. 10-lb. test mono line on reel. Matched with 2-pc., 5tt ft. glass rod. #K56S97 JOHNSON "COMMANDER" REEL With cimttota iNlhiriiw rami. #l». Kit. M4.»5 JOHNSON "97" SPINCAST REEL With llfillmi urvic* luirantM. KM. $t.W Your home will be anug, safe •fld dry under • Bird Wind SM' •h'nfll* roof. Rugged W5 16., thick butt construe* Won. Won't budge, leak or rip looae even in devastating hur* ricanee. Call ue now for a free eetimatel U9 Per Sq. Prices Good Through August 2 2 Locations 3717-oth Ave. 244-5255 0305 S.W. 9th 215-3441 Limit t prt. Coupon food tnru •j July » at FiihionOtftt. B ••••••••••••••••••••••I HOI COUPON 1 KODAK VP 126 Instamatic Film •LACK/WHITE Reg, 59c - l,d£ •••••••••••••••••••••I 3REO HOI COUPON 1 10-Lb. Charcoal 5 Briquettes { 43 C fltf, fSo •••••••••••••••••••• ; KODAOHROME EKTACHROME PROCESSING *1 19 WITH THIS COUPON • 8mm Regular or Super S 5 Movie* or 20 Exposure • 35mm or 126 Slid*. KODAK INSTAMATIC 44 NEW LOW PRICE $788 7 Uses Plash Cubes and Cartridge Film FOSTER GRANT SUNGLASSES Were $1.00 , Fiihlen itvlu to prottct you from thi sun'* iliri. 4H Flair Pea with Purchu* of 7-Ot. Rl|ht Guard Doodoraat .. Pull Liquid Shampoo ll-Oi. Kefultr.rMenthel Aqua Volva Shavo Bomb I'Oi. Kinf Site Colgate Toothpaste 99* 99* 2 2 Just Woadorfiri S, 1*0* Size Noixoma Skla Croam Boj ef 4< EHfoala SaaHary Napkins Vattle ef IM AMOM Tailtti Pkg. «f 102 Cured Plattte BamJagos 2 , 99' $129 99 C $100 Eugenie Ceemetle Puffi FREE! 16-Ox. GLASS TUMBLER with FRESH FRUIT LIMEADE Beth |)|) C Fer mfcMUh 23* ALSO . . . FREE Tumbler with LIME e)f|. FREEZE ftVG SPALDING "75 1 GOLF BALLS 3,- $ l 3J SCOTCH TAPE on DISPENSER •if. *•« H"«JN" 3 » $ 1 00 RED HOT COUPON • I PAMPERS OAYTIMI DIAPERS $/.«» Pkc. t«J30 uJ 1 !!. ' «»M»9»||lfi««tt«ii|

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