The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

Cet I.sp.eflmsTlepbane11 hisov233 or Hollyoeurt.422S UeockeTclli@l EOQeIey e Red the JVcnt ki. Joan associations in, llinois' and Wis- consin, effective July 1.. The. rate o n 1collateralized advances: wiil be- corne.3 per cent, and, that on non- collateralized 3Y4 per cent. The First Pederal Saving and Loan of Wilmette le an affiliate of the bank.. The slicing of the. interest charge cornes in. the wake of!Ùa continued downward trendAn -the demaànd for the. bank's funds because of increas- ing, inftow, of private. investors' mon- ey ino-mm eavings and ban institutions, A.,R.* Gardner, presi- dent said. ýThis,,latter situation has generally served to cut ýthe institu- tions' dividend rates to shareholders and the Bank lu movlng to bring its charges for nioney into line with that pald investors. This lu the. frst timne that the in- tmt rate at lue 1uank hla eflaug.a ince October 1, 1937, at which Urne it went up to 31/4anid 3%,per cent on colateralized and non-collateral ized advances respectively. The reduc- tion just announced will brlng the rate back to where it was frorn Janu- ary 1, 1936, to October 1, 1937, the period of lowest costs to borrowers i the six years existence of the reserve institution. Realty , also, ton. Building Activity'. Asà .Good as It Was, Durig197Boom. Not ince the spring and summer monthe o! 1937 have buildingactivi- ties on the North Shore reached anything lilce cornparable figures to those of: May, just clo.sed. This lu particularly true in regard to new residences. A total of 60 permits were issued for ail kinds ,of improvements, cQsting $413,ffl. ot whlch 26 w e r e for new hornes, valued at $3 75,600. Ther. were. 20 alteration jobs, costing $32,325; il private garages, $3,440.; t wo private greenhouses, $2,000 and one playhouse, $100. SSeventeen of the new residences, valued at $195,600, are in Wilmette; four ini enilworth, costing $87,000; three in Glencoe, $51,000; and, two in, Winnpn- 14u A9M- club. The , Women's Afairs cornrnittee, headed ,by Joyce L.- Wakemnan, of Baird & Warner'sEvanston ofince,ý supervised the, aftair.. The other members. of: the: cornmittee are: Myrtle M. Carroll,- o!f ,uller and Pickard's Winnetka office;,Ethel H. Colle, 1R, B. 'Whitaker's office, Vesta M. Didriksen, Baird & Warner's Ev- anston office, Grace E. Grant and M4argaret S. Pieirson, Quinlan & Ty- son's Winnetka office, Virginia Mal- :ln, associated with her father, David C. Malin, o! Evanstion; Ltucille IL Octigan, 'of Bauniann and Cook's. office in Winnetka; Lois K. Stewart, o! Hokanson and -Jenks' office, ini Evanston, and Frances Winscott, o! Winnetka. Other . Women ,weçmbers, of .the board are- Highland Park: Marga- ret E. Byrn. Glencoe: Ami Moreland and Mari- an D. Harper, Lou Anne Timmons, and Helen L. Wagner, ail of Miss Moreland's office. Winnetka:, Ruth Cronk, Ruth C. Flemng, Hope M. Matthews, Ruth C. Noble, and Lee Lowisbery, ail of Baird and Warner's office, Christine Baumann and Florence S. Cook, of A two and one-haîf story frarne residence rof 10 roonis and built-in two-car garage, is being built for Stuart Sherman, at 1111 Sunset road, Winnetka, according to a building permit issued the, past week. The estimated cost of the improvement is $30,000. Edwin H. Clark is the architect and the Henke Construc- tion company builders. Mrs. Winscott's office. Kenilworth: Marabel J. Sears. Wilmette: Esther Stone, o! Hil and Stone; Mattie D. Tighe, o! the Tighe Realty company.ý Niles Center: Anne Eflerman, of Michael J. Faherty's office. Evanston: Justine Dickson-Fergu- son; Elsie Hamilton and Charlotte B. Thompson, .o! Hokanson and Thieflouse is two stories, of brickc veneer construction and the esti- mated cost is $21,000. Robert. SPaulding lu the architect. LOAN S ON HOMES Rsmy eE£Mt Plan lniake Ownerlilp easy. Whether it is to Buy' lBuild or Reinance, we are liere to serve Winnetka Bufiding and L#oan Association .~~vef 9v.g UI~P fu- EIM st. whm. icil