Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-02-21
CONDITIONS UNUSUALLY PROS
Porous, ACCORDING TO BANKS
AND COMMERCIAL AGENCIES.
BANK DEPOSITS SHOW
SUBSTANTIAL INCREASE
Than Ever Before in Their History
Some Fear Felt For Winter Wheat
Special to Times-RepuhliCan.


ditions in Iowa are unusually good &C
cording to reports received here by
banks and commercial agencies. The
! prospects for general business turnout
! the spring and summer are excellent
| The state banking department has
! just made public the statement of the
! banks under it's control showing the
condition of $40 savings banks, SO
state banks and twenty two trust COM
| panies at the close of bushes Jan. 81.
AS compared TO the last preceding
statement. that Of Nov. l, 1915, the de-
posts show an increase of Sl6.20S. =
94g.62 and as compared to the F'ebru-
airy stateme Mt a year ago the increase
! in bank deposits amounts to S2l ,624, =
015. 46. AS compared to Nov. l, there is
a decrease in overdraftS of $3.50, 1886
decrease of gold coin of S619, S77.22.
There has been net increase in the
number Of bank since Nov. |, 1915, Of
seven. and since February a year ago
of forty mine. The average reserve of
all banks at the close OF business jan
81 was 20 per cent.
The total deposits in these banks
under state control at the time of the
present call was s345,S42,516.74. The
statement is considered as highly
creditable one.
Iowa fact cries are prospecting and are
doing more business than ever before
in their history. Comparatively little
of this business comes from war or
ders, however. Business in this state
will be comparatively free from any
reaction following the war, local busl-
ness men say, Inasmuch as Iowa man.
ufactures are not depending on war
orders for business.
Good prices are beng paid for farm
produce thruOUt the state generally.
Seed houses are doing a big business
now. With favorable weather there will
be big seeding of small grains &C
cording TO present prospects.
Not little concern mas been felt for
the condition of the winter wheat be-
cause OF the coating of ice and sleet
during the latter part Of January and
the first OF this month. 1t is too early
yet, the local weather and crop bureau
states, to tell whether or not there has
been much damage to the wheat crop.
School Consolidation Popular.
Consolidated school elections are be-
ing held IN many Iowa localities now.
The state superintendents office is
kept busy by the many calls coming 10
it to render assistance in forming such
districts.
Saturday elections for rural scho OF
con solidation were held In Martins
dale, Warren county, and Selma. Van
Buren, county. This week and next
the following elections are TO be held
Gearing, Story county, Feb. "a; Miles.
Jackson county. Feb. %; Auburn, Sac
county, Feb. 26; Persia, Harrison
county, Feb. 2S; Van West, Decatur
county, Feb. "a; kirksville, Wapello
county, Feb. e. The department Of
public instruction sends man out 3
few days in advance OF the consoli-
dated school election in order 10 con-
fer with the parties interested and hold
a public meeting where addresses are
made. There are always a number Ok
objections raised in every community
to school consolidation, the state su-
perintendent says, and the speakers
sent out from the department are
ready TO meet these.
Candidates Getting Busy.
Applications for nomination blanks
for state offices are coming into the
= .
day brings in a large number Of such
applications.
La Monte Cowies, of Burlington. who
has been put forward by mis- friends
in the First district for delegate to the
national republican convention from
that district, wrote in for papers Sat
urday.
J. B. Classen. OF Green Mountain,
Marshall county, member of the senate
il the Twenty and Twenty
ninth general assemblies and Of the
house IN the twenty sixth and TWEEN
ty-seventh sessions. will gain be a
candidate for state senator
0. a. Byington, of Iowa City mem
bers of the lower house from Johnson
county IN the twenty-sixth, will be a
candidate for state senator.
sam Holiday, OF 1ndianola, is out fo-
represent ative from Warren county.
William Buxton, Jr., who has repre-
scented that county in the last two as
! semblies, will not run again.
H K. Johnson, Of Usage, president Of
! the Farmers National Bank, Usage, IS
| a candidate for alternate delegate to
the nationa, republican convention.
H. S. Luhman, Of Postvillc, Is a can
| didate for representative from ALBANIA
kee county.
Joseph A. Schwab, of Patton, Is gu,
! for state representative from Greene
county.
Thomas Stapleton, Of Marengo, is out
for judge in the Eighth judicial district
Town of Alta Out Of Debt.
Special to Times Republican.