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CLARINDA BANK RECEIVER NAMED Shenandoah, Ia., Dec. Appointment by telegram from Washington to be receiver of the closed Clarinda National bank has been received by H. Spurway, receiver of the First National bank which was closed May Mr. Spurway will handle both positions.
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SCHOOL EDITORS SOON TO GATHER Six Loving Cups Will Be Given Winners of Contests. (By the Associated Press.) Ia., Dec. 1.-Six loving awarded for excellency in high at the annual convention High School Press association college December and hundred delegates are exThe program calls for two full for speeches, round table and Among will be Antrim Crawford, director of publicity for the United States department of agriFred Lazell, head of the UniIowa department of journalEarl Hall, managing editor, Mason City Don Berry, Indianola McCord, feature writer, Des Moines Register, and M. Hinshaw, the Muscatine Jorunal. Grinnell chapters of Theta Sigma Sigma Delta Chi, professional fraternities, are sponsors and are arranging calculated to give high journalists glimpse or two college field of journalism. 1936 NSTALLMENT IOWA VET BONUS BONDS PAID Des Moines, Ia., Dec. E. state today paid installment on the state's bonus bond amounton principal, and interest. This leaves bonus bonds out. of the original Treasurer Johnson the tax receipts for the month of as compared to in November of last year. collections for No. totaled $130,907. which above the monthly average. tax collections for the month of October, announced with the close of the state's books for No. vember, amounted to $474,445. Last October The the amount was $416,574. treasurer estimates that year's increase in the cigaret tax 'this be about $53,000 and that the inheriabout tance tax collections for 1926 will be greater than last year and will total about $1,300,000. BANKER CRITICISES CLARK'S FEDERAL RESERVE CRITICISM Des Moines, Ia., Dec. W Foster, Guthrie Center banker and former state senator, took issue with statements attributed to Howard Clark, Des Moines, who claimed the federal reserve system responsible for the closing of Iowa banks. The particular part of Mr. Clark's statement to which Mr. Foster objected was that which the federal reserve board has eliminated the entire property of Iowa as a basis of credit. "This statement," Mr. Foster said, "is not only unfair, but absolutely untrue. The federal reserve banks serve no one better than Iowa and the farmer. Indeed, they give an advantage to paper arising out of agriculture and live stock transactions. Farm paper having maturity of nine months may be discounted freely, while strictly commercial notes and bills arising out of other must have no more than 90 days to run." Women Bazaar. Charter Oak, Dec. 1.-Special: The bazaar held under the auspices of the Ladies Aid society of St. John's Lutheran church netted its sponsors $114. Fancywork and supplies of dressed poultry, baked goods and homemade candies made up their, fering. Bank Receiver Appointed. Shenandoah, Ia., Dec. J. Spurway has been appointed ceiver for the Clarinda National bank which closed Friday. He also is ceiver for the First National bank here. Ends Life with Gas. Davenport, Ia., Dec. pondent over failing health, Mrs. George W. ended her life by inhaling gas her home last night. She was found dead on the kitchen floor by her husband.