Winnetka Local History Digital Collections

Winnetka Weekly Talk, 21 Jan 1928, p. 13

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January 21, 1928 WINNETKA TALK n Building and Loan Associations Set New Record in 27 Building and loan associations of the United States continued their record of showing increased business in 1927, both in the saving and loaning field. The total number of associations in the various states is 12,710, with a mem- bership roll of eleven million three hundred and five thousand members. From the preliminary reports re- ceived from building and loan associa- tions, the estimated aggregate assets of these associations is now $7,062,525,000, an increase of seven hundred. and twenty-eight million, four hundred thousand dollars for the past year, be- ing at the rate of eleven and one-half per cent. The total mortgage loans made by these associations in 1927 is estimated at $2,110,600,000, which pro- vided the funds for the buying or building of six hundred thousand homes, or about sixteen hundred homes, per day. The total mortgage loan investment of the building associations in the sev- eral states aggregates $6,525,700,000. Average amount of savings held per member is $624.72. Residential building has been well maintained during the past year, being only about four per cent less than in 1926. The rapid growth of building and loan associations in the last five years is shown by the following comparative figures: No. of Asso- Total Total Year ciations Membership Assets 1923....10,744....7,202,880 $3,942,939,880 1924....11,844....8,554,352 4,765,937,197 1925....12,403....9,886,997 5,509,176,154 1926....12,626...10,665,705 6,334,103,807 *1927....12,710...11,305,000 7,062,525,000 *Estimated. The increase in assets for the last five years has been nearly eighty per cent, while the increase in membership has been a little over fifty-six per cent. School of Foreign Affairs Drawing Large Audiences The Thursday evening sessions of the School of Foreign Affairs now be- ing conducted in Evanston under the auspices of a group of women's clubs, are proving to be of intense interest in educational circles, Afternoon sessions are followed by a dinner and evening program, and the school is in session in the First Methodist church of Ev- anston. Each week some subject of national importance in some foreign relations is discussed. The first Thursday was given over to the con- sideration and survey of Nicaragua and the Central American political situa- |, tion. Thursday of last' week the dis- cussion was on Russia, with one of the dinner speakers, Carleton Washburne, superintendent of the Winnetka Pub- lic schools, and a recent visitor in Rus- sia. This past week "Disarmament" and the Borah and Kapper resolutions were considered. The school will close with its sessions next Thursday de- voted to lectures on "Immigration." Mrs. U. S. Grant of Evanston has been in charge of arrangements. A large number of north shore resi- dents has heen in attendance at each week's session. Mr. and Mrs. Ira Jones, who have been staying in Evanston since selling their home in Glencoe, left the middle of January to take up residence in Fairhope, Ala. They expect to spend their summers in ds North, however. Mr. and Mrs. MA A. Mummert and two daughters have moved into their new home at 100 Third street, Wil- mette. The Mummerts formerly re- sided at 206 Woodstock avenue, Ken- ilworth, Scouts Enjoy Conference at Cabin-in-the-Woods Forty Boy Scouts from twenty dif- ferent troops of the north shore gath- ered at the Cabin-in-the-Woods last Saturday for their monthly conference. The program included a game period under leadership of R. W. Townley, Scoutmaster of Troop 13, Kenilworth, a handicraft period under the direction of L. F. Ball on Deco-Art projects, and plaster of Paris models. those present were: Alvin Barthol- Among omew, Delma Caldwell, Clarence Stef- fens, James Hoffman, Anthony Schlinger, Henry Raw, George Bersch, Paul Sterner, David Hender- son, B. Schillbach, John Fowler of Wilmette ; Paul Gilbert, John Walley, and Ted Tan of Winnetka; Prescott Lothrup, David Hicks, Theron Childs, John Fischer, and Patterson Pope, of Glencoe. Mr. and Mrs. Ralph Hawkeshurst and Mr. and Mrs. John O'Connor left Kenilworth last week for a three months' trip to Europe, to spend most of their time in Paris and Rome. Catherine Bunte, daughter of Mr. and Mrs. Charles F. Bunte of 508 Cen- tral avenue, returned Sunday might to National Park seminary at Forest Glen, Maryland, after spending the Christmas holidays at home. Miss Bunte is a senior. Healthy Boys andl Girls--from ten years up may get Regular Life Insurance Poli- cies in the New York Life. Rates very low at these young ages. Phone Wil- mette 37, or write J. E. Swift Teal, 1017 Central Ave., Wilmette. [fJecoecccococococooosoeooooooccooooooosocoososoococcsccess El EN i ime Cores eee ee a ce or Tare. i. A a MLL ll AA A A A LA hs For Suits That Sold up to $55 Evanston Shop Open Tuesday, Thursday and Saturday Evenings TIE(® HUB Henry C.Lytton & Sons State and Jackson--Chicago MN bY N The Most Extensive and Intensive Clearance We Have Ever Attempted Our Entire Stock of Fall and Winter 2-Trouser SUITS Now Cut jor Clearance to S382° 482° For Suits That Sold up to $75 Just compare this with other sales! Instead of picking out a few Suits which we might particularly wish to dispose of-- we offer our customers this unrestricted choice of our Entire Fall and Winter stock of 2-Trouser Suits. Think of the range of choice--think of the decisive savings-- think of the style and value giving leadership for which this store has always been noted. Then, can there be any question in your mind of the importance to you of taking advantage of this great sale? Orrington and Church--Evanston err ere' ra ww a nT A SN I ARI A Ay Sse eeeeeee eevee vee seesesecesess esses ssseiasEl

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