The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1922-01-13

resources, etc, as of Dec. 81, develop
ed the fact that our banks are in their
usual first class shape, and that
feeling Of optimism widely prevails
This is not only true as to Richmond
well known financial institutions, but
is equally so as to our country banks.
The sentiment that we have crossed
the bridge and seen the worst, is
voiced by many bankers and several
of them refer to their statements as
I evidence OF a relaxing of the strain.
Referring to the satisfactory condl-
tions prevailing in Union county, for
example, C. D. Johnson, cashier of the
/ Union County National bank, said: ut
! is a pleasure to state that the bust
/ ness of this bank in 1921 was satisfac-
| tory, as our statement under the cali
at the end of the year would indicate,
when compared with earlier state
ments. We opened savings depart
ment last October which has met with
much favor and are now paying four
percent interest on both savings and
time deposits"
! The officers of the Union County
National are: w. E. Morris, presl-
dent; W. A. Bryson and E. A. Kitchell,
vice-presidents; C. d. Johnson, cash
Ter, and Smith Dubois. assistant
cashier.
i First National, Williamsburg
/ William A. Lewis, president of the
! First National at Williamsburg, says:
ut was the unanimous feeling of our
directors and stockholders at the meet
ing that the worst of the readjustment
of the financial affairs of the country,
was passed, and that the coming year
should be better than the last for all
/ concerned feeling of optimism
prevailed"
Mr.. Lewis states that there was a
large attendance of stockholders pres
ent, and that the old board of directors
was reelected as follows: L. |. Cranor,
]. w. Meredith, John Davis, Howard
Horned, James NJ Laid, Wilfred Grit
, fifth and William A. Lewis.
First National at Camden
, The annual meeting of the First Ma
| tional at Camden resulted in the cleo
, ton of the following officials and di
, rectors: r. C. Prugh, president; E. c.
Eikenberry, vice president; j. E. Ran
| dali, cashier; C. E. SterZenbach, as
sistant cashier. R. C. Prugh, E. c.
Eikenberry. w. K. Swan, R. o. Ken
worthy, C. H. Hays, ]. E. McCord and
J. E. Randall, comprise the directory
! The First National, at Camden, is
being re-equipped with large new
and efficient vault, with 18-inch walls
r with a 10-inch door having triple
, time lock, and ample vault room fol-
' the safe. deposit department. The
/, banking room has been enlarged tc
! twice its former size and refurnished
with mahogany furniture. 1.-The bust
r ness of the bank was very satisfactory
t in 1921, and the outlook for 1922 Is
!. considered promising" said Cashier
; Randall
: Very Quiet, Says Goodrich
r The grain business is very quiet II
this section just now, said P. E. Good
rich, of Winchester. We are offering
80 cents per hundred for corn, $40;
for wheat and 26 cents for oats, bu
very few farmers are selling. In fac
they don't have to and are hopeful o
better prices later, those of them WIFI
still have surplus to market. "W'
can't complain of our coal trade h
: said, for it is good, and of course w
= are always moving lot of feed
! Coal Trade Reported Good
{ "Our coal trade has lately been tn
: best in long time" said the elevate
| HAL DIT west A1dHCuSSteI, DuL Ou
feed trade is only fair" He said tina
II he could pay 40 cents a bushel TO
II hand-shucked corn and would onl
E pay 80 cents for the machine-shucke'
article. Some little tobacco is grow
IS near West Manchester but no sales, o
o any bids had been reported, althoug
s. the crop is cased and ready to go.
L A Large Investment
10 nf "a A A
ID state secretary showed that Illinoi
e. had an active membership of 10000
n in the 50 counties on January 1. A
&c SIS per year per member this show
n an expenditure of more than 81 ,50(
ar 600 in the past II months for burea
activities, less the reserves in count
and state farm bureau treasures.
The first Colorado lambs of the 1872
season reached Chicago on Tuesda,
selling at $12 As, against $3.50 and u
x to $1,000 for first arrivals year agt
y Best western lambs brought $3.50 o
Tuesday.
~, Coolies" or aged lambs, topped tn
~. vi market at Chicago at S12.75 last yea
~ ~ In 1920 they reached Spills and in 191
: went as high as $2210, the highe:
az price on record at any western marke
~ With sheep arrivals of 10000 hea
a. on Tuesday the market advanced {
much as % cents. Armour bougf
Of some 50 pound fed weterns at SIZE
NJ and some 90 pound top yearlings sol
Al. at S11.25. while 129 pound westel
bo ewes sold as high as $685., at Oh
cago.
,ic The Vice President Speaks.
N Vice President Coolidge addresse
IN the Hamilton club at Chicago on We
IL nesday night. Among other interes
in ing things he stated that farmers ca
.al not expect good times until congre:
In. develops tariff law, based upon Il
l." theory of protection that will perm
manufacturers to resume business
a pre-war basis.
1.-THE products of agriculture a
consumed by the industrial popul
ton" said Mr.. Coolidge. They a
n the customers of the farmer. If the
III be prosperous, his markets will gro
On the other hand, the great outlet II
manufactured products is on the tarl
'rs A prosperous state of agriculture
ay the foundation of all national pre-
ny perity. The manufacturer must loo
les to the farmer not only for his supp
j. of food, but for the sale OF his co!
Vi modities. Not in trying to over-rea'