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MIX** FARM INSURANCE UF1S * EARL R. WALSH Presenting "•"'••••'U Reliable Companies IVhen ywi need insurance of any Mnd Phone 61-M Pries Bldg. - - McHenry • "-^T • "\'V' Phone 43 VERNON J. KNOX \ ;* ATTORNEY AT LAW '• ; ®S§-:.\VPries'£l&g. 1' A * OFFICE HOURS Tuesdayn and Fridays McHenry; Illinois - - WEgtPS BROS REPAIR «.v:^SHOP '3'. ',V * ' "" • <aj . * * "t\ " ••*-. McHenry,-Ilfcur' <;•' \ Phone 68-J . Auto and Radio Repairing Give Us a Chance to Prove It on U. S. 12 S. H. Freund & Son CONTRACTORS * ' AND BUILDERS Phone 127-R McHenry Our experience U at Your Service in bnUdinf Your Wants A. P. Freund Excavating Contractor Trucking, Hydraulic and Crane Service ; Road Building Tel 204-M McHenry, 111. • c Downs Motor Express The Pioneer Line Operates daily between -McHenry and Chicago Phones: Wabash . McHenry 7518 ^ 1 1 : Charlie's Repair Shop Just East of Old Bridge Over Fox River {Rear Sehaefer's Tavern) Radiators Repaired, Bodies and Fenders Straightened « Sign Paining - TTtick Lettering Acetylene Welding CHARLES RIETESEL Telephone No. 800 Stoffel A Reihanjperger Lm«ranee agents (or all elaaaea W«rt]r ii the beat compact--. WEST McHENRY ILLINOIS KENT A COMPANY All Kinds of I N S U R A N C W~~ AjIJHNett! with the most reliable Companies Come in and talk it over "hone McHenry S RADIO and WASHER REPAIRS %*r We are now prepared to handle all repair work on radio and washing machines, carrying complete stock of lepairs for all makes of machines. CAREY ELECTRIC SHOP Phone 251 McHenry 'tr-: ^^^^/^WVAAMWNAAAAAAAA A. W. Foss GENERAL AUCTIONEER We Aim To Please ; i - Give U§ rtriai J:: JSstimates Cheerfully " -v - Submitted Phones Libertyville 938-J and 1040 ^ Libertyville, III y Mrs. C. (Joodell spent Friday in the Agatha Shop at Elgin while her sister, Miss ,Ethel Jones, attended; to business in Chicago. Mr. and Mrs. Clarence Douglas atid children were visitors at Deerfield Saturday. s Ralph Douglas of Janesville, Wis., was a Sunday guest of Mr. and Mrs. Will Glosson, Mr. and Mrs. H. B. Nienstedt of Woodstock were Sunday dinner guests of their daughter and husband, Mr. and Mrs. Elmer Freund. Mrs. Edward Dowling returned to her Jhonie in Indianapolis, Ind., after spending ChVi^tmas with_ her mother, Mi's. F. O. Gans.-r,_ ,Mr. and Mrs. Peter A. Freund were j Chicago visitors Monday. I M i ss J ean Beckenbaiigh . spent the 'weekend with friends at Hebron. Father Walter Coftway of New Orleans spent a few days jwith" his father and relatives here after attending the wedding of his sister in E^giii last week Wednesday. " Mr. and Mrs. Carl Weber 'visited a.t Librtyville Sunday. , Mr. and Mrs. Ray Conway, Father Walter Conway, Genevieve Knox,; with Minnie '^nway-ol ;|SRin.-'yi«ted at Joliet Sunday. ' Mrs. Louis McDonald atid sons vis-' ited at Fox River Grove Sunday. Mrs. Tom Roberts of Chicago spent the weekend with her mother, Mrs. Mary Simon. Her husband spent Sunday here and she returned home with him. Mrs. Kate Stoffel-is visiting in the home of her son and wife, Mr. and Mrs. Charles Stoffel, at" Milwaukee, Wis. Mrs. Charles Stoffel is recovering from a recent operation. Mr. and Mrs. L. F. Newman and Mrs. E. J. Buss and children were Algonquin visitors Sunday. Raymond Ferwerda returned to Chicago last week to resume his school duties at the Coyne Electrical school, after spending the holidays here. . Mrs. E. E. Bassett, Mrs. Henry Vogel and Mrs. Lisle Bassett were Elgin visitors Friday. Miss Maxine Bacon returned home Friday after a few days' visit in Elgin. Glen Ramsay of Caledonia spent Mondky in the home of his sister, Mrs. L. A. Erickson. Mr. and Mrs. Clinton Martin and children returned home Sunday night from Belleview, Fla., where they spent the holidays. Henry Hiowe of Chicago spent Sunday with his father, Fred Howe. Guests last week in the home of Mr. £g;d Mrs. John Bolger were: Sister Veronica and Sister Loretta of St. Thomas Apostle Convent, Chicago, the former a sister of Mrs. Bolger, and also her parents and sister, Mr. and Mrs. Joseph Kortendick and daughter, Kathryn, of Pecatonica. Clarence Young has returned home after spending a year with the CCC at Skokie Valley. Mrs. Nellie Bacpn and son, Harold and the Misses Charlotte Schubert, Norma Whiting and Pauline Sutton visited Mrs. Robert Ulrich and little son at Geneva hospital, recently. Mrs. Catherine Young and daughter, Rosina, spent a few days last week with relatives at Elgin. Miss Frances Hughes of St. Theresa's hospital, Waukegan, spent a day last week with her parents before leaving for the Chicago State hospital, at Dunning, where she will work for three months. Mrs. E. Hunter and son, Everett, are spending several weeks in Florida. • Kenneth Tonyan, who has been confined to his home for several weeks recovering from pneumonia, entertained » """ or inerfds at tf j?r\y"one evening last week. Miss Helen Wegener and brother, Dick, of Chicago, spent a few days here last week. " Mr. and Mrs. Stephen N. Schmitt visited relatives at Harvard Thursday. Mr. and Mrs. John Hkrker of Milton Junction, Wis., were recent gtiests in the Frank Hughes home. Mr. and Mrs. F. M. Ensign of Elgin visited friends here Friday. Mr. and Mrs. Gordon Stringer and sons of Marengo visited friends here Sunday. Mrs. Martha Page went to Woodstock the. first of the week. The Adams brothers of Johnsburg played at Woodstock Tuesday evening and Thursday they will play at the Farm Bureau meeting both morning and afternoon session®, the meeting being held at the Miller theatre. Relatives aild friends from here who attended the wedding of Miss Irene Conway and John Meehan at St. Mary's church, Elgin, Wednesday were! M. A. Conway, daughter, Florence, son, Leroy, Mr. and Mrs. Geo. Miller and son, Mr. and Mrs. Ray Conway, daughter, Betty, Earl Conway, Minnie Knox, Genevieve Knox, Mrs. Carl Weber, Nellie and Lillian Doherty, Mr. and Mrs. John Bolger, Mrs. Celia Knox, Mrs. M- Knox, son, Vernon, Ted Miller and Walter Brooks. , 'MF;:"|iijil Mts. Nick Freund, Nick Adams, John R. Smith and Mr. Bokemeier of Ringwood were Chicago visitors Tuesday,-where the men attended an oil dealers' meeting. Miss Mary Sutton has returned to Elgin after two weeks spent at her home here. Eleanor Kinsala of Fox Lake spent Sunday at her, home, Mr. and Mrs. Fred Ware of Woodstock visited relatives here Sunday. Miss Elsie Harmsen returned Monday to Jacksonville, 111., after spending the holidays in the Fred Feltz home. Mr. and Mrs. Mike Schaffer and family of Crystal Lake wtere Sunday guests of Mr. and Mrs. Ben Adams. Mr. and Mrs. Harold Frett have gone to Chicago to live. He is now employed there. Mr. and Mrs. R. M. Fleming were Algonquin visitors Sunday. * Mr. and Mrs. Robert Blum of River Forest were weekend guest* ces and Mary Fleming.' Lorraine Freund and Kathrine Diedrich expect to leave Jan. 15 to take up nurses' training at St. Charles hospital, Auroip. r ---j. ADS. WILL TELL BANKERS' STORY American Bankers Association President Announces Move to Stimulate Newspaper ' Advertising BANKING EVOLUTION B NEW YORK.--Plans for stimulating wider use of Informative newspaper advertising by banks In promoting public understanding and confident* In regard to existing banking conditions and methods have been announced by R. S. Hecht, President of the American Bankers Association, as a part of his organization's activities in aid of business recovery. A general, groundwork was prepared through a nationwide survey of advertising by banks rel&tive to their willingness to extend justifiable loans to industry and trade. This, he said, revealed that a large number in all parts of the country are pursuing aggressive policies along this line and encourage ing their customers to' develop forwardlooking business plans. "It is our aim to aid in fostering this constructive attttude wherever possible," he said. The Then* of New Advertiairif The association's Advertising Department, under the direct supervision of the general executive officers, has prepared, at the headquarters In New York City, an Informative advertising series for the use of member banks In the association to aid them in developing In their own communities better general public understanding regarding banking, Mr. Hecht said. "The underlying theme of thi# advertising is that sound banking 1b based, on helpful human relations and that It has a unity of interest with the people of its community which binds them together with a common purpose,", he said. t "We are confident that if a clear understanding of this is brought home to the people in all our banking communities, It will go far in restoring the public confidence which good banking deserves. A bank in which people deservedly believe is doubly safe. It is to the public interest tor the people to have confidence in their banks. The Place of Advertiaing "We feel that bank advertising has a special public duty to perform in this connection under existing conditions. The copy which will be supplied in the service we have developed will not only aid the individual bank in promoting the use of its own facilities but is alBO aimed to bring about with the aid of newspaper advertising a clearer public viewpoint regarding the essential part it occupies in the life of its community." Mr. Hecht emphasized in regard to the new advertising facilities being of^ fered to the members of the association that they are not a profit making venture and that there is no intention to disturb existing advertising arrangements, the idea being that these institutional services shall supplement rather than replace present plans, or that they will give assistance to member banks now lacking satisfactory arrangements. In the United States-- 168 Banka over 100 yetri old. 2,472 Banka over 50 yeara old. 10,391 Banka over 25 yeara old. There are In the United States 168 banks that have been in continuous existence for more than one hundred years, There are 2,472 banks over fifty years old, while 64% of all the banks In this country, or 10.391, are twenty-five years old Or older. in otner words, practically two-thirds of the banks in this country have come through several successive periods of depression and panic. Including 1907, 1914, 1920 and 1929-33. The Oldeat Bank The oldest bank In the country, which 1s in Boston, was chartered February 17. 1784. In the 64% of banks that are twenty- five years old or older is lodged a major portion, of the banking resources of the nation. In commenting recently upon the stability of a great majority of the banks in the United States, Dr. Harold Stonier, Educational Director of the American Bankers Association, Bald: "The fact that we have so many' banks that h&ve been in existence a long period of years is an eloquent tribute to the genlud of American managerial ability, for no other country has experienced such wild gambling eras and resultant periods of business stagnation as those through which our country has parsed at frequent intervals durtyig the past century.-" NEW WEALTH FROM SOU New wealth which comes from the soil is of special Interest to those to. whom falls the responsibility of maintaining our credit structure. Unless agriculture is successful farm borrowers cannot ultimately succeed, neither can the banks they serve. Korecloseure sales are not-a sound basis for good farming or good banking. Bank ers, therefore, are as much interested In the permanent success of the agricultural industry as are the farmers, whether the deposits come directly from farm patrons, or indirectly through the ordinary channels of busi ness.---;D. H, Otis, Director of Agricul ture, American Bankers Association. It, s. HECHT By R. S, HECHT President American Bankers Association AN KING ait one time was a private business, but more recently has developed into a profession--k semi-pub- * tic profession. This ' , l|&nge has not Jme suddenly but is the result of an evolutionary process. Banking has ?rown and changed withjthe growth and cM^ge of our country. The banker who tias ' survived the trials and tribulations of the past few years has proven himself a man of courage and ability, and we may . well expect him to meet the problems that, lie before him with resolution and sound Judgment. Changes of momentous importance have occurred In our economic strut.. tures and bankers have had a difficult road to -ravel. Some will argue that all of these changes were evolutionary and inevitable, while others look upon many iof them as revolutionary and unnecessary. It is extremely difficult to trace with any degree of accuracy the real causes for many of our troubles and it is not always easy In Judging these developments tc distinguish properly between cause and effect. Unfortunately It has become the fashion to blame on our banking system all the troubles which the depression has brought As a consequence we hear much of needed reform of banking by law. No one will denyVhat certain defects have developed In otir existing banking laws which need correction, and that certain abuses were committed which no one wishes to defend or have remain possible in the future. Never before were bankers more determined than they are today to bring about whatever changes In our banking system are called for by the public welfare. * The best results can and will be accomplished by normal processes and gradual adjustments of our present private banking structure--suitably supervised by proper authority--rather than by the passage of still more drastic laws, offering panaceas in the form of more government-owned or government- controlled financial organisations. The Baaia of Good Lewa Lasting laws relating to any phase of human need are formed and modelled in the rough school of practical human experience and are usually the result of Bound evolutionary processes rather than of sudden impulses to change fundamental principles. If we analyze the new banking picture which has developed during the past eighteen months, we cannot help but arrive at the conclusion that evo lutionary changes which have taken place in banking, and the economic life of the nation of which it is a part, have justified much of the banking legislation recently passed. As we look ahead and consider the new problems, which are facing us we must inevitably come to the conclusion that some further changes in our banking laws will become necessary. It is not enough that bankers merely MANY BANKS tSS ^ must be more aggressive than that. Banking practice itself, without compulsion of law, can and should reflect the changes and lessons of the times and difficulties through wtych the nation has passed and, even to a greater extent than law, render banking more truly a good public servant by voluntary self-reform. In no small measure Is this accomplished by the better training of the members of the banking fraternity and by Instilling constantly higher Ideals in those who are ultimately responsible for bank management As we march on Into the world of tomorrow the banker has a greater opportunity for usefulness than ever before, and 1 hope that Che service he will render to society will be so conscientious, so constructive and so satisfactory as to merit general approval and assure him his logical high place and leadership. NATIONAL SAVINGS MARK INCREASES 340,000,060 SplaatM*. ' There are over -880,000,000 spinsters in the world, 6,000,000 In Great Britain, 8,000,000 in France, 11,000,000 In the United 8tat4i and 16,000,000 in Germany. Caartiai ia March Among the animals that do their courting in March are- wolverines, minks, weasels, otters, red foxei, lynxes and chipmunks. NEW YORK.--The annual savings compilation of the American Bankers Association for the year ending June 30, 1934, shows that for the first time since 1930 total savings in all Ameri can banks recorded an annual Increase. A statement by W. Espey Albig, Deputy Manager of the association in charge of its Savings Division. In the organization's monthly magazine "Banking," says that savings deposited in banks as of June 30, 1934, gained 3.6 per cent as compared with a year earlier. "The aggregate is an increase over last year of 5742,132,000. the first since the year which closed Jiine 30, 1930." he says. "This is a notable achievement for the decline since 1930 had been pre cipitate and all-embracing. In that year savings had reached the all-time high of $28,478,631,000. A year ago the amount was $21,126,534,000, a loss in three years of $7,353,097,000. This year the figure stands at $21,867,666,000. i "Depositors, too, have gained in number, going from 39.262,442 on June 30, 1933, to 39,562,174 on June 30 this year, a gain of 299,732. Four years ago there were 62,729,432 depositors, or one depositor for each, 2.3 persons in the country. Now there is one accpunt for each 3.2 persons." baaihaat Statistics Ho** than half the more than fear billion doughnuts sold In the United States each year are eaten in New England, according V> <toughn^ £tatlstici& ns. paly "Witches" Used Reage An English law In 1670 punished as wifches all women who lured men into matrimony by the use «f "rouge, scents, high-heeled shoes or bolstered hlpa." . ----- COUNTY AUXILIARY MEETS The regular monthly meeting of the McHenry County Council of the* American Legion Auxiliary was field at Algonquin Friday evening. Three hundred and fifty-two members trere reported at this meeting. . To honor their department president, Mrs. Pauline Rinaker, units throughout the state mailed membership^: on her birthday, Jan. 6, which will make a decided increase in membership of counties, d strict and state. Eh«! to bad roads anc^, sickness the attendance was smaller than usual with only fifty members present tc hear the reports of the Christmas work done by the county council. Mrs, Roy Todd of Richrppnd extended an invitation to the members in behalf of the eighth district tb attend one'of their party nights at North Shore hospital. More tha>i 1,500. m«n are in the hospital suffering because of nervous breakdowns or minor mental cases. Entertainment is badly needed, for due to the location of the hospital manv of the larger units overlook North Shore hospital. Greetings from the district chairman were read as well as programs outlined for th® next three months. The next meeting will be held at Gary Feb. 1. Following: tlie business meeting a clever skit was presented by Mrs. Lucile McKay and Mrs. Grace Scully. Refreshments were served by the Algonquin unit. FIRE THREATENS HOME like farm home of C. R. Draper was threatened by fire last Thursday when a chimney fire was discovered about 11 o'clock. The roof caught fire in places, but was extinguished before any serious damage was done. The MicHenry fire department was called. SLOCUM'S LAKE Earl Converse was a business/caller ; pare*ts here at McHenry, Monday. ( ; 1 Mrs. Celia Powell and daughters were business callers at Waukegan last Friday. Mr. and Mrs. A. D. Loomis and Mr. and Mrs. Merrill Foss and two daughters of Woodstock were recent visitors at the home of Mr. and Mrs. Wm. Foss. Arthur Wackerow, Mrs. Jane Eatinger and daughter, Ethel, and Mrs. Harold Stroker and daughter, Norma, called on Miss Roberta Eatiinger at the Shriners' Hospital at Oak Park, Sunday afternoon. Mr. and MirS. J. D. Williams and son, James Howard, of Crystal Lake, were Sunday dinn«r and afternoon guests at the home of Mrs, Clnra Smith. . \ v- Mr. and Mrs. Peter Anderson and son of Gary spent last Wednesday afr ternoon at the home of Mr. and Mrs. John Blomgren. r Mr. and Mrs. Page Smith and children , spent New Year's Eve- at the home of Mr. and Mrs. B. C. Hbrris. at Wauconda. • Mr, and Mrs. Earl Converse spent New Year's night at the home of the latter's parents, Mr. and Mrs. Wm. Davis. Mr. and Mrs. Ray Dowell and daughter, Dolores, were ill last week- Dr. ©. Keller OPTOMETRIST 'end with the flu and under a doctot% v care. 7 ^ A. W. Foss and daughter, V&iaii, i i [of L i b e r t y v i l l e , spent l a s t Thursday ." 1 evening at the home of the formerV" Mrs. Wm. /Ha rris and little ter, returned to their home at McHenry Sunday after spending two weeks at the home of her parent# here; _ i<L ,, Mr$. H. L. Brooks tad daughtep Mrs. Lulu Quartel, "spent last Thur|». day at the home of Mrs. Maude Chaiffei ; plin at Libertyville. t? R. E. Burrelson of Chicago spepf. • Sunday afternoon and evening at tilt -; home of Mr. and Mrs. H. L. Brooks. Mr. and Mrs, W. O. Brooks of Wa% , kegan were Sunday dinner and evpi ning guests at the home of Mr. ail^^r ® Mrs. H. L. Brooks. Mrs. Emily Smith and daughter, Ruth Frances, of Edison Park, spent * . Sunday at the home of Mrs. Cla*ft Smith. "" • Mr. and Mrs. John Blomgren spent Sunday afternoon at the home of MW.;. and Mrs. George Lundgren at, Watteonda. : John: Nested spent: "Sunday friends at Waukegsr,. > 1 • 1 ~ ' V.<Ackm«wUdffM«t ^ H The Masai lad of equatorial Afifai shows respect to warriors, to he dares not speak. When he salute* an elder, wishing him long life, the oil man spits In acknowledgment * >; ,'V ' ' Sundays and Mondays at ay Summer Homes, Riverside Drive, McHenry, I1L All Kinda af Repair®, TsL 211-R •T# ( (OFFICIAL PUBLICATION) - Report of the Condition of West McHenry StateCBank (P. 0. West McHenry) transmitted in response to call of the Auditor of Public Accounts' pursuant to law and showing condition" at the close of business on the 31st day of December, 1934. r RESOURCES ( 1. Cash and due from banks 3. United States Government obligations, direct and^or fully guaranteed Other bonds, stocks and securities ' ' r Loans and discounts - i Overdrafts Banking house $9,700.00; Furniture an<i fixtures $1,800.00 Other resources - ^ C ^,^151,460.53 109,778.23 i: 65,364.55 203,474.36 9.19 • 11. 11.500.00 _ 3,068.00 i • * • •i Grand Total Resources $544,663.86 LIABILITIES > •p o t * * * * * *• » a » » y » • 12. Capital stock ^ 14. Surplus ; U5. Undivided Profits (Net) -'-i 16. Reserve accounts•. • • ' r • •••• 17. Demand deposits v^' : v ' " •-v 18. Time deposits '•, '7'"- ' •' y - : r ; . . Total of deposits: : * (1) Secured by pledge of loans and/or investments ; „.j$ 25*000.00 (2) Not secured by pledge of loans and/or investments 401,934*$ I 50,000.00 40,000.00 16,061.24 * 11,549.47 223,553.00 203,381.33 « (3)* Total deposits 26. Other liabilities Grand Total Liabilities $426,934.33 118.82 ...._-.._..Ji544,663.86 Memorandum: Loans and Investments Pledged; to Secure Liabilities: Loans and investments pledged: <~ U. S. Government obligations direct and/or fully guaranteed 27. 28. Total Pledged (excluding re-discounts) Pledged: * . Against funds of State of Illinois Total Pledged 2?,000.00 ....... J 27,000.00 27,000.00 27,000.00 The , bank has outstanding $85-075.04 face amount of Deferred , Certificates, payable solely out of future net profits, if and when such future net profits are earned, (future net profits are operating profits ^plus recoveries, less charge-offs and proper provision for reserves) representing contributions to the bank and subordinated to all deposit and creditor liabilities but payable before any distribution to^ stock- . holders as such. I, Gerald J. Carey, Cashier of the West McHenry State Bank; do solemnly swear that the, above statement is true to the best of my Ipiowledge and belief, and that the items and amounts shown above correspond with the items and amounts shown in the report made to the Auditor of Public Accounts, State of Illinois, pursuant to law • GERALD J. CAREY, Cashier. - OtMrrect, Atte^: JOS. W. FREUND . '• C. J. REIHANSPERGER, Directors. I^ATE OF IIXINOI^ - ||ounty of McHenry. ss. j • Subscribed and sworn to before me this fcth day of January, 1935. (SEAL) ROBERT L. WEBER, Notary Public. DEPOSITS, DEC. 31, 1933 _ r238331.614.48 Deposits, Dec. 31,1934 4X6,93433 Increase in Deposits *95,319.85