Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1907-10-22

! LOOKER.ON In IOWA !


ACKNOWLEDGEMENTS
Ames, Oct. 22-The building boom
continues in this town. a new large
church and many private residences
are in process of completion. The own
err of the Ames hotel recognizing the
Increased business of the town, Is
making many inside improvements,
and will also build an annex north OF
the hotel to contain twenty new sleep
ing rooms. This annex will be con-
nected with the hotel by covered
bridge way across the alley Ihese
needed improvements for the travel
ing public virtually ends for the pres
ent the talk of a new hotel IN Ames.
The new trolley line. the Des
Moines, Fort Dodge and southern
railway, with it's new large cars run
ming frequently thru the main street
of Ames gives the visitor an idea that
Ames has ceased to be town and Is
becoming city. Close observing mer-
chants say that instead of taking
away trade to Des Moines, the new
line has brought more trade to town,
this from the surrounding country.
And Ames now has ten cent theater,
one Of the store buildings being nicely
fitted up for the moving picture and
vaudeville entertainments. The words
exit" and entrance" stand out as
plain as on the biggest theater in
Chicago.
The writer hopes he is suggesting
something entirely new as well as
practicable. Assuming that the price
of pine lumber is to continually ad-
vance. soon getting so high as to be
prohibitive for ordinary building pur-
poses, the writer suggests that all oil
the township trustees in Iowa. plant
on each side of all the country roads
of Iowa, pine trees twenty five feet
apart. The cost of such tree plant
ing will be trivial, the taxpayers hard
ly feeling it. but if such universal
tree planting was inaugurated In
1908, the taxpayers twenty-five years
from now would have a benefit Pine
trees along the sides of our country
roads would have none of the d1sad-
vantages that comes from the willow
tree, this in the way of piling up
snow drifts. On the contrary
If kept trimmed as they
should be if grown for
lumber purposes, they will afford
shade as we'll as be ornamental, and.
in no way interfere with good roads"
when Iowa wakes up to the need Of
good roads," The writer IS quite busy
and would be pleased If some one
good at figures" will get pencil In
order and let the public know, how
many pine trees, twenty-five feet apart
can be planted on both sides of all
the country roads of Iowa. Also the
number of thousand of feet of pine,
pine lumber that will be available in
1913, provided this universal pine tree
planting takes place on all of the coun-
try roads of Iowa during the year 1905.
Here's an interesting statement of
the condition of the First National
Bank, Ackley, Iowa, as made to the
comptroller of currency, at close of
business, August %, 1907. Resources:
Loans and discounts, $39S.46S.71; over
drafts, s1,123.OS; U. S. bonds to secure
circulation, s12,500; premium on U. S.
bonds, $57S.13; banking house and
furniture, $6,954.5S; cash and due from
banks O3.760.21; total $523,3s4.1. Lii
Abilities: Capital stock, $4,000; I'M
divided profits. s646.73; deposits, $472,-
1898; total, s523,34S.71.
The Rath Bros bank in It's state
ment shows an equally prosperous con-
dition of affairs in a small Iowa town.
In round numbers there is now in the
two Ackley banks on deposit nearly
three quarters of million of dollars.
AID what follows from the Bank Re
porter is an eye-opener. Its headline
is .Iowa Banks Have s350,O0O,O0 on
Deposit"
For the first time In the history of
the state the deposits in the state and
savings banks have gone S2O0,00o,000.
They did it at the close Of business,
August 22d. according to the official
statement compiled from reports made
by the banks on that date.
Including the deposits in the trust
companies of the state, the deposits
increased between Sept 4. 1906, and
Aug. %, 1907, in the sum of $30,04o.-
S11.
'"The average reserve In all banks at
the close of business August 22d last
was q per cent, which is about the
average of the last half dozen bank
statements.
I'm the state and savings banks and
in the trust companies in the form of
deposits there now are s219,441,000. In
the private and national banks there
are about s15O,000,000 more. 1t is be-
lieved there is about $500 per capita
of bank deposits in Iowa. This is
practically 800 per capita more than
in the banks of Kansas, for instance.
Twelve new state and savings banks
have been organized in Iowa within
1niy One "BRoMo QUININE, !" that j.
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