Illinois News Index

Highland Park Press, 13 Jan 1927, p. 13

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ends but today‘s . THURSDAY, JANUARY 13, 1997 wans with the our pick i ommahrine ime low.'p:'g::‘; NEW YORK 1CE CREAM ALTED MILK CRUMBLES ° _ atteries SPECIAL This Week Pig C 9 Ns m e Tukl t 459 Swio wl ig §+4 Blandinsville had a poj on of 1002 when the latest go sus was taken. It is a farmland lage. Just before we got into Blanâ€" slitk mud turnpike in â€"the rain a we stuckâ€"until pulled T â€" ville seemed to be the ¢g in the world to get on the | «of a bank with $66,500,000 in assets loans totaling more than . $60,00( These Illinois communities do: prise one every now and ‘then. us find out how this thing ean about. (It will carry us back, ‘w back. There is romance in it. . . I got on the trail of this larger bank in the offices of Huston Bankip Co. of Blandinsville, a farm ‘ which carries deposits of more $1,000,000 and is in a home whic} eost $30,000 in 1913. More than 8,{ depositors contribute to the $1,000,â€" 000. I asked R. L, Cutler, er, how he managed to drag in such d posits and he said: a P §0 quarter sections, which is 9 acres. His son, another John H éarried on through his long and profâ€" itable lifetime, and died... In. Bignâ€" dinsville, for the first time in . life, I heard of these John. ons, including the presert John H son and grandson of the other J« Hustons ; also, the $66,500,000 ban! _ "By shaking the bushes, We are busy, active. We have to‘ be. We have twentyâ€"one competing banks within 20 miles." AP "We soldthrough our Blandingville , bank $25,000 of the first Liberty loan, | $55,000 of the second, mm e | third and $164,000 of the ilg Ej think that seventyâ€"five per cent 0 these bonds are still owned by the orâ€"| iginal buyers." $ Et That set me to asking ons . zbout farm finances. <Here was '-!! man who had loaned more money |to| farmers, probably, than any one man living. Here hmh«dp!:rx-’ *iness with farmers that was originâ€" ated by his grandfather nearly one| hundred years ago. A chance, pG! 1 hans, for information. I asked if it | were possible for {to * money: and he replied : | ; } Farmers Are Not Br £ Which made it all the more t« markable. The $66,500,000° bank ‘of which Ispoke is in Chicago, I f: John Huston, its vice president a manager, in his offices at 208 Salle street. ~It is called the Chi Joint Stock Land Bank. Guy Hysâ€" ston, president and a brother of John, is at the head of the New York Joint Stock Land Bank. Both came out Blandinsville since the world war. Saw Opportunity in Loan Law The Huston boys saw oppottun‘ty When the federal farm loan law was passed. Their experience in fastm banking was the foundation of it all. l asked John Huston, HI, to tell about the remarkable things the préf ent generation of Huston boys m done and he replied, . $r ceA 49e "We have done no very remarkal d!ings. Grandfather pioneered % got those sixty quarter "sections . land and started the family out land trading and when father continâ€" ued the business and developed th banking business along with it t} originated a business and trained a family in it. That‘s afl. %f Started New Bank ; { But that isn‘t quite all. After $¢ farm loan act was passed in 1916 the Huston boys, Guy, George John, raised $250,000 and started t Chicago Joint Stock _Land Bank. :. That‘s the bank that .on f 31, had $60,611,460 loaned on fir mortgages protected" by $148,000,00 worth of farm lands in the cen west. 1 asked John Huston to me a bit about Blandinsvyille and h said : P ige 1 Fioge. "Go anywhere, to any neig! hood, and <you‘ll find m-% who have consistently made mongy, THURSDAY, JANUARY 13, 19; 3 Owned 9600 Acres _ _ + When John Huston died he own i e on | Oletober | ed on â€" 148,000, the central ton to 1 ille and h z rle t,t '! b of the: y%fi fI‘ B hR en nc en Cotk He‘s the one who has making all the noise. I know a 1 who made his money out of farming who recentâ€" y paid $80,000 cash for some land year by year. You‘ll find others who haven‘t. . But the are not broke. : There‘s * ‘ in the counâ€" tryâ€"much money. : .|| R ‘"The broke farmer is the one who Beyond Blandinsvill# lie LaHarpe. It is a fittle larger. (‘«. > census recâ€" ord says 1323 people. It is another prosperous community, You will not skid off into the ditch entering La , though this [ of the conâ€" crete belt. Every rogd entering La Harpe z oiled, *\ :; i hi ng M ts pay on@geighth of the road fund, the mers. ‘onéâ€"eighth, the township oneâ€" ‘olirth, and the county oneâ€"half. Last year they oiled 63 miles of road. Thé merchants tell me it paysâ€"big, â€"Péople can get to La.Harpe to trade. |\ .. The merchants hayg a Golden Rule elub and they put on dollar days, an annual rooster, day, a turkey trot day each fall, hold ~”_ becue in Ocâ€" tober‘ at which they mil shut up shop and entertain their Customers, everyâ€" thing, being free, . / * Eveary two weeks & p of fifteen families will unite and give a party. These parties average to bring out 800 people. Each ‘succeeding two weeks a‘ new group, as host. The country .club. is on the fair grounds properties. â€"They an excellent he bought. : He cashed in bonds to do it and it would open your eyes to see him shuck them out,"* Thus endeth the lesson in financing that I foundin Blandin: , a vilâ€" lage ‘of 1002 people..| club house and: make .much of it. Miss Mary Da en left LaHarpe $30,000 for a‘ houp" She made it raising chickens. L4 Harpe also has a union church, v ?’ about $40,000 used alternately by the Congregationâ€" aland Methodist congregations. . And & Catnegie library, | And ‘a factory making ga]vnnized.g; chicken ~ yard equipment. tÂ¥ . INTERESTING The boys will probably say they do not need advice on their love affairs, as all they need ability to elude pursuit. w2 â€" oâ€"pSh Bs . PAPERHANGIN PAINTING Paper Hanging a s Sample â€" books of the finest pattera@ shown . on . request. LaBelle De¢drating Co. we want to mention with a forceful bang that we would be pleased to have you walk right hrect oer qualif noime Farnish. our e furnishâ€" ings. . We will lain to you our E. Z. Plant of. dignified eredit: which allow you to pay out of your income,. . . Just to attract your attention +8 ts by AVE. HL «‘The first wires were placed underâ€" ground in the city in 1884 | _ C _ Active Period ‘ Up uttil 1900 there was only one central office in Washington, but, on Deeemfiv 12, 1900, a second such ofâ€" fice was opened, there being at that time 4.126 telephones in the whole city. Then began a more active period with several new exchanges being inâ€" stalled. «Many people believed that the peak of this telephone developâ€" ment was reached during the World war‘ when â€"there was a very heavy demand for telephone service, but it is a itact that there are now fifty per cent more telephones in service in the city than at any time during the war. During the last ten years Washingâ€" ton has gained over 75,000 telephones, which is more than it gained in all the preceding forty ‘years.‘ GROW FROM 50 TO 130,000 Rapid Increase in Number of Instruments In Use For Government Purposes ' In Washington _ Those fifty telephones.of 1878 have since grown to over 130,000. In the early days, however, so skeptical were many people of the new invention that an offer was made to the public to install telephones on trial. This scheme worked .out fairly well, and, by 1880, the number of telephones in Washington had reached. about 400 The first interâ€"city telephone line out of .Washington was established in 1883, when on July 25, communication was opened between Washington and Baltimore. The number of telephones in Washington was then 896. During theâ€" eightâ€"year period between 1885 to 1893, only about 100 telephones per year were gained in the nation‘s capital. This slow growth was due principally to limitations in the phyâ€" gital aspect of the business, |_ : PHONE IN CAPITAL Washington, D.:C., connécted two of| 0f a wrinkle, every blemish. And that the offices under the Chief Signal Ofâ€"| is only a part of it; the worst is yet ficer of the U. S. Army: This was in | to ”“"f..'iz‘m‘.f" itself is made 1877, but it was not until December| With a greenishâ€"yellow tinge that 1, 1878, that the first central office in | gives the skina sallow, malarial hue. Washington was opened, it having| She may have come to the shop for taken many gxonthu to secure fifty | nothing but a hair bob, but one glance t mang a en ts m meten ie mane ‘oreâ€" opening an exchange. ong | sign‘s up for .course, â€"1. % orighul subscribers â€"were the T:toi-day- and. Thursdays, till further ite House, ‘the state department,| notite. _ f several offices of the treasury departâ€"| | I cannot vouch for the facts. My mient, the Evening Star, the Ebbitt] information on this subject is acaâ€" House, G:.â€"G. Hubbard, and Professor | demic; T am without practical experâ€" Alexander Graham Bell, the inventor| lence in the matter, 5+ of the telephone. t s in immemeimm sn .00 C000 oLc t mtfi JOHNNY HINES in VODVIL "STEPPING ALONG*" A First National ACTS ‘Comedy and News Added for Matinee only Gene Tunney, "Fighting Marine" 2 wWED., THURS., JAN. 1213 â€"~_GILDA GRAY in . *Aloma of the South Seas‘ Comedy | .. News A Capitol Picture Comedy and News The first telephoneâ€":line installed in BERT LYTELL in: "OBEY THE LAW" §SUN., JAN, 16; cont. 3 to 11 p.m. .. â€" FRAN STEELE . _ â€"and his _‘ 0O K L A H 0O M A N S ToR Iso > : 2 OTHER VODVIL ACTS Topics ALCYON HIGHLAND PARK, ILLINOIS feature _ JACK HOLT in â€" "MAN OF THE FOREST‘ K . Paramofint Picture . THE HIGHLAND PARK PRESS, HIGHLAND PARK, ILLINOIS SAT. JAN. 15; Mat. & Eve. "THE BLACK PIRATE" Coming Jan. 24â€"25â€"26â€"27 DOUGLAS FAIRBANKS in 10 Piece Red Hot Band THEATRE Friday, Jan. 14 Now 130,000 WhiPag VODVIL ACTS x Merle Thorpe in Nation‘s Business Magazine m?:c: Here‘s: a case !orfi the Federal Trade commission, or perâ€" haps it calls for a new law. In any event, it is an example of qwtimbh# methods in salesmanship and some» thing should be done about it. ; beauty shop is in fact a devilish conâ€" trivance to aid the sales department through unfair trade practices. First, the glass is made to enlarge, showing with startling vividness every threat of a wrinkle, every blemish. â€" And that is only a part of it; the worst is yet to come. The glass itself is made with a greenishâ€"yellow tinge that DID YOU EVER SEE : A MIRROR LIKE IT? Claimed we do not know what will happen in 1927, but many of us feel reasonably confident of receiving our bills and a demand to pay up our The innocentâ€"looking mirror in the Call and make your appointment for p ermanent waving day â€" early i or evenings. â€" *A â€" MHighland Park History - Repeats! ; Marcelling Manicuring For Ladies and Children only: â€"â€"_ . ; k. Rooms 8â€"9 New State Bank Bldg., upstairs â€" s Phone Highland . SPECIAL FOR TWO WEEKS ONLY: With every Shampoo a ‘Goldn Glint Free ~ ~ HOURS: 8:30 a.m. to 6:00 p.m. .. «)* _« Builder of Wilcox Honies 710 Yale Lane ‘ Pho D. L. MUSTRIC BEAUTY SHOPPE Mr. Dooley says the 50 foot lot on ‘Central Avenue, where he liv for so many years, will sell for more money than was paid % the balance of the block. . _ = _ _ ‘= ~. & : The increase in value will be yours.: These are unusually go houses with beautiful surroundings â€"with all improvements, fully restricted. . teve f ' f MORAL: . â€" .. _ _ & Buy a Wilcox Special Built Hom .\ PRICED WORTH THE MONEY â€"CASH OR TERMS STEAM OIL PROCESS If you want fingers, combs, water waves, or marcel wave, etc., ask for Miss Jessic Meyer, one of our new operators. Water W:‘vh‘ Hair Dyeing PERMANENT WAVE alter W. Wilcox One of the Wilcox Special Built Homes otrciar ioh shid HIGHWOOD Saturday, January 15th to Monday, HIGHWOOD AVENUE _ â€" mcawoq? ILL. ~>~~__‘ _ Phone Highland Park 482 _ 1IGHWOOD Shapiro’ 8 m(;nw(})on Clearance Sale Auks Sharp Reductions on â€" White Goods and â€"Winter Goods (Furnishings) _ XC uind aed en ts Hair Bobbing Shampooing WE CUT THE VERY LATEST Absolute privacy h'm s and : cutting parlors | | Phone H. P. 2619 . 8 PP y qi EL@

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