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Local Credit Union Income Curtailed Credit unions are facing a crit ical period in the months or years between now and the end of the war, according to Mrs. V. A. Brew er, treasurer of the local unit of these cooperative thrift and loan associations. For the first time in many years there is a shortage of borrowers of money, though they have not yet reached the rationing point. There was a time when the Greenbelt Federal Credit Union had to borrow from other credit unions in order to take care of the loan needs of its members. In the period since Pearl Harbor, however, this situation has been reversed and there is now a sur plus of money to be loaned. Since January, 1942, there has been a 33 per cent drop in loans— from $25,500 to $16,300. This, coupled with an increase of share holdings, presents a difficult prob lem. In the last three months there has been a $5,000 increase in shareholdings and a $3,500 de crease in loans. “The Greenbelt Credit Union is in a good financial condition, but prospects for a big dividend to members are not bright,” Mrs. Brewer said. A strong effort is being made to invest the surplus wisely and in the proper proportions. Thus far $6,000 has been invested in War bonds and a like amount in Federal Building and Loan Asso ciation accounts. The return on these investments, however, is only 3 per cent and, since the only source of income which the credit union has is the interest on loans, there is an increasing need to loan to individuals. Many people seem to have the idea that the executive order regu lating credits was an effort to stop all borrowing and installment buying. This, however, is not the case, states Mrs. Brewer. These regulations are merely intended to curtail that consumer credit which would encourage purchase of war needed materials and which would promote inflation. They were not intended to deprive citizens of loans for emergencies and for other real needs. Credit is still available. It was also emphasized that all residents of Greenbelt are eligible for membership in the credit union, a fact which many new resi dents may not know. New Engineer Takes Over James L. McEady has recently succeeded George Lameal as chief resident engineer for the Farm Security Administration. Mr. La mel has gone to Cleveland to work in the national office of the Fed eral Public Housing Authority. Mr. McEady and his family have moved into 1-G Gardenway. Classified Ads WANTED A used tire, size 600x16. Will pay good price for one of thoee tires on your jacked-up car. See Cooper, 6-H Ridge Road, phone 4346. A A A A A A AAAAAA HALF THE CALLS TO “INFORMATION" ARE UNNECESSARY Save your own time and help release trained telephone op erators for the handling of the huge volume of war calls by always consulting your directory before asking "In formation” for a number. If everyone will do this, the calls to "Information” will be cut in half. Thank you SERVIN6 FOR VICTORY \M7 AAAAAA AAAAAA State Primaries Pick O’Conor and McKeldin With practically all ballots counted and reported Maryland state primary elections show in cumbent Herbert O’Conor (Dem ocrat) and Republican nominee Theodore R. McKeldin as the can didates for governor in November. Representative Sasscer, incum bent Democrat from the Fifth Dis trict, piled up an impressive lead over his competitors. Winning Democratic nominees for seats in the state legislature are: John S. White of Colmar Manor, Perry O. Wilkinson of Hyattsville, Dr. N. B. Stewart of Laurel, Leroy Pum hrey of Meadows, Noah Joffe of Bowie, and Samuel H. Harvey of Berwyn. Without exception party-en dorsed candidates for state and local offices in Prince Georges County were nominated. There was no primary contest for Republicans in Prince Georges County except in the selection of a nominee for governor. I Why Sue! It's just 1 |Of course! I had it] [like a new dress!] [cleanedat 1 The Greenbelt Valet Shop NEW DRESSES are at a premium during the wartime emergency. Smart women are discovering that last year’s dresses can acquire that “just like I new” look at your ‘Valet Shop*. Your dresses will fit on so much better, with no sagging hemline or elbows that “stand out.” Pleats I ed. That gray film that seems to permeate the bright, fresh colors are restored. White dresses come back really white; pastel topcoats take on a new softness; filmy sheer dresses are handled with gentle care. Anything that can be done to improve the appearance of your garments is done I at The Valet Shop. Read below to become familiar with all the processes your garment passes through to assure thorough, satisfactory cleaning. UNCLE SAM WANTS YOU TO MAKE YOUR CLOTHES LAST LONGER*~Here*s how the ‘Valet Shop* cleaning helps! S Spotting M&k* Pressing Skilled technicians know the An important part of any correct formula to take out c]eaning gervice , gkjl|ed op . no 'cea e spo . ou e p erators restore fit and style spot * "* through careful pressing. I^ 01 ’ 5 Inspection Ladies’ TOPCOATS |J?| Critica , Section to see FALL COATS Thoroughly Cleaned \2rtaJ Hll that no spots remain no Thoroughly Cleaned and Pressed /jfyflJjill buckles missing, and that and Pressed I 70** Igarments meet our high dkOtf* [I W, standards. The Greenbelt Valet Shop Greenbelt 2226 GREENBELT CONSUMER SERVICES, Inc. GREENBELT COOPERATOR Ice Cream Social Sales Exceed $350 Receipts of last Sunday’s ice cream social were between $350 and $360, more than doubling the investment, reports Mrs. Lydalu Palmer, committee head. The mon ey will be used for the purchase of additional uniforms for the Greenbelt Band. In spite of the complaints of slow service and a shortage of cakes, everyone seemed to have a good time. Says Mrs. Palmer, “We did it once, we’ll do it again,—and b. ter.” County commissioners this week asked Federal Works Agency for an agreement which would make available funds in lieu of taxes on the 1000 new houses in Greenbelt. A satisfactory agreement had al ready been worked out by Farm Security Administration some time ago for the original Greenbelt homes. Exterminator Available Extermination service is still be ing rendered for residents, accord ing to Community Manager Roy S. Braden. Persons having need for the exterminator to rid their premises of insects or rodents are asked to call the Administration Office immediately so that the sit uation can be taken care of. I PASTEURIZED (BADE A MLK PRODUCTS HOME DELIVERY OR AT THE FOOD STORE The cooperation of our customers in return ing empty bottles to the route salesman or the Food Store will be appreciated. HARVEY DAIRY, Inc. Warfield 8940 Friday, September 11, 1942 Sister Town Holds Its Fifth Town Fair Greendale, Wisconsin, sister town to Greenbelt, had its fifth annual town fair last week. It was a two-day show similar in program and purpose to the Greenbelt an nual town fair which was not held this year.