La Grande evening observer. (La Grande, Or.) 1904-1959, July 07, 1934, Image 2

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La Grande evening observer., July 07, 1934, Image 2

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Newspaper Page TextPage Two (Incorporate) An Independent Newspaper Phone Main 000 B. W. FREDERICKS . .Publisher tod Oeneral Manager HAROLD at. FIN LAY ,. BualneM Manager PubUabed evenings, exception Sunday, at 1710 Sixth street, . I . Grande, Oregon. 1 4 entered at the Poetofflce of La Grande, Oregon, aa Second Olaae .. Kail alattar under act of Karen 3, 1878. OFFICIAL PAPER OP UNION COUNTY AND THJ CITY OP LA O BAND! ... . - - MEMBER OP ASSOCIATED PRESS The Aaeoclated Preaa la exclusively entitled to uae lor publication of all newj dispatches credited to It or not otherwise credited If pub llahed here. All rlghte of republication of epeclal dlapatchea la thla paper and also tbe local news herein also are reserved. ' National Advertising Representative I . MO. MOO EN SEN CO, Ino. Ban Franelaoo. Loa Angeles, Seattle, Portland, Chicago a i Detroit, Now York TODAY IN BRIEF, IN AND OKJ&OJN AROUND AS CHRONICLED BY TUB DAILY LEAKED WIR1 OP THE ASSOCIATED PRESS SKII.I. r'H.MTlKK FATAL DALLAS. July 7 UH Wllburt Bkerzks. 13, son of Otto Skcreles of Bait Creek, near Dallas, died here yes terday from a skull fracture shortly after he was struck by an automo bile while playing on his scooter tn tho road. .... HAIN gl'KNCIIKM HIIKH BfcND. Ore.. July 1 W Although n lightning storm started several fires In the forests south of here late Friday,- a drenching rain which came closely upon the disturbance quick ly quenched the flames and soaked the woods so well that fire danger was greatly alleviated. The violent storm broke about 4 p. m.- The rain extended aa far south' art Laplne. ItlMI) WORKER KII.LKI) ItV KOCK ' KLAMATH PALLS, July 7 1) Struck on the head by a flying rock, V. H. Cork, 42. a -road worker, was killed Instantly late yesterday. He was employed on blasting operations on the Diamond Lake highway. KIMIV FAILS TO MAKK BALLOT SALEM, July 7 The name of Circuit Judge B. L. Eddy of Roseburg. who finished lust In a field of tout candidates for the three circuit Judge positions In the second Judicial dis trict In the May primary election, will not appear on the November ballot. Attorney General I. H. Van WlnVW held In an opinion handed down late Friday. -V , 'V' TIIIII K IIIIES CONTHIM.I.KII C KLAMATH FALLS, July 7 () Three fires in the Klamath Falls vicinity were completely " under con trol this morning after briefly threat ening valuable timber stands' hue yesterday afternoon; ; ; The fires, one on the Klamath In dian reservation, burned through many acres of dry grass and scrub pine, - Wall Street Now Has Its Own Ghost Talker - ?It Was Learned" NEW YORK Wall Street hxw A talking ghost. Traders up and down the ntreet don't like to talk much when It's "on tho record", but they are willing to Bay plenty with the preface, "Now, boys, this Is confidential." - - - -i just to centralize everything which Is off the record, confidential, be tween ourselves and not for publica tion, the New York Stock Exchange "him Instituted weekly prca confer- oncer, for the first time In recent his tory. At the Initial get-together. 27 fln firtclnl writers sat down around a couple of long tables In the directors' J room at the Stock Exchange and pro nounced It a good Idea. President Richard Whitney entered with Jason Westerfleld, publicity man. ' H Was learned' "Gentlemen," said Westerfleld, "Mister Whitney." The president, wearing a dark busi ness suit, bow tie and gold watch chain, sat down and said, "Now, shoot." And the boys shot, Whitney, who Is a young looking man with dark linlr parted on the left side, took the questions with a smile as lie puffed oii-'one cigarette after another. He answered the technical ques tions to the extent of his personal knowledge, or he said frankly he didn't know. Nothing; he said could be quoted directly. That's where the ghost comes In. Statements by Whitney can be used with the explanation -"it was learned today at the Exchange-" - ' - But even the ghost wouldn't talk on soma topics. "Will the Exchange go on a flife day week?" It was asked. "We liaven't considered It," it was learnvd today at the Exchange. - The rniiiotnlile "But the financial writers would like to have a five-day week." per sisted the reporter. "And again." It was learned today at the Exchange, "that Is something for the future to determine." tV The press conference Itself was a mark of change. With the control of stock exchanges through the nation al government, reporters have noticed n different attitude along the Street. Traders are willing to meet the pub lic through the press. ' "Perhap we have entered Into an otlK1! era." it was learned today at thtf Exchange. In Washington By Herbert Mummer WASHINGTON There can be no I denying the fact now that President j Hoom veils "chiel braintru&ter" Proleshcr Rex Tug we 11 at last has Ween shoved Into the position of u flrst-clast. political Issue. Thai's the significance of the con- i tmrersy In the seiwte as to w: tat her he bliould be confinmd as undersuc reU.ry of agriculture. Other consid erations may be discounted as either Umporsiy or inconsequential. ' few senators other than Smith of South Carotins opposed confirmation of Turwcll on grounds that he was tin aeudem Irian and not a "dirt farm- ' cr ." His duties sh undersecretary will be ccnccrned with problems far re moved Uwxi anything akiu to actual crop production. ' It i rattier because of Professor IukiwU' philosophy that ac en countered opposition lit tho senate. It because he has become known jn Washington variously as "the prophet of ;he Roosevelt revolution,'' l-ity " jiritr planner" of the New Denl, aiiU Uie like. A Better Turgrt Dyrd of Vlrginin voiced thl-i feel ing in the sennto when he said if Tug well 'couldn't convince him that hi- inteitietl to sustuin tlto corfttltu vion, "I Intend to vote against him and oppose him with all tho vigor I can, because I think he wants to de troy those things which I would die to prohervc.' . . Tugwcll, as under.secrctary of agri cult ui e. a l fords a be tter t a ret for critics than he did as a.tsKtaitt sec retary. Actually, ho will rmve little more power in his new position titan be did in his old. The mere Tact, however, that he hit been moved up to a super under -cabinet Job -- on0 of three such po sitions in the government affords ample opportunity for those who would to magnify his post out of all proportions. Impel nt To (i. O. V, Fire They will be able to point to Tug well "Chief Bralntruster." the man wi.o typifies in their niln-.ls "planned erononty" or "regimentation" of the American people an the occupant of a vital post at the controls of gov ernment. Awl they think they will be able if necessary to select from the pro lific pen and frequent utterances of the professor any Information they desire to uubstantlate their charges. Judged purely, therefore, from a pel; Heal standpoint Tug well's eleva tion Is all that Republicans and anti new dealers could desire. It will af ford them fresh Impetus to crusade against those Just recently condemn ed In the O. O. P. national commit tee's declaration hm that "small group vested with temporary authority" working "covertly" in alleged uncon stitutional fashion. Pl'M,i:i OKANT'ft BIMHI) IS fOt TIIHKNEK'N BOAST MEMPHIS, Tenn. ? J. B. HetA ron boasts thai he pulled Ck-ueral U. 8. Grant's whiskers many tlnes and that the general liked It. f In 18(12 fedenil troops were attack ing Vtcksburg, Miss., a Confederate stronghold, and Omnt made 'his headquarters In the Hebron home.'-; Hebron was a snuUl boy then, aud Grant ofteu carried the child around the. house. He thought It great fun, Hebron says, when his young friend tugged away nt his beard. KUMi. NOW AN OUNKIt I'UOW.VS ON NU.IIT (!AMi:S The Weather LA GRANDE EVENING OBSERVER. LA GRANDE. ORE. Where 10 Died in. Washington Powder PlantTJlasf KANSAS CITY (d1) Johnny Kllng. oUl-tlmi star catcher of the Chicago CuIm now In the baseball, hotel and real estate business here, is distinct ly not in favor of night baseball. 1 In owns tho Kb nsas City Bluca, who played quite a few lUht games In the early part of the American Association. Jiiiit because of the day tlmiu competition of the horse-racing tracks. "IS lull t bsseball should bo elimi nated," ftt.ya Kllng. "If a minor leaguo club wants to develop a player and grt a good price for him from a btg league- team, he must be sold on tlto boals of what he rioeti in day-time games, not under floodlight.." - . KATIIKK 'POKKC'AST Oregon: Fair tonight but unet:leJ III the JiortJi and east portion; cool er In northeuM portion; smiduy gtn erully fair vlth ill slier teiiiperattiie In the Interior outhuft portion; in oil enite northwest wind fftlure, 'oi the week: Menrntliy fair u ur inal temperatures ut ' begtiuiing of week and ubuVe iHjnnul over interior distrlet therntfter. LOCAL V KATIIKK. Friday: Maximum !u, inlulmuni St above. Clear. Twluy: Minimum 57, 7 a. in. ."iS ubote. IHirtly cloudy. - t ' - GROWTH RINGS ON TREES PREDICT A WETTER ERA SOON liy F. H. Colton (Associated Prese Science Writer) WASHINGTON (Wetter times and hence better times for the farmer are foreseen, by a forest service scientist, who finds the an nual growth 'lings of trees in the northwest presaging an end. of drought. The growth of a tree each year adds another ling of new wood on its: outer circumference, clearly dis tinguishable from the growth ring of -the year before. Scientist have found that the thickness of each year's ring varies with the amount of heat and moisture available to the tree,. In wet years the rings are thick, In dry years thin. "According to the record of tree rings In ponderosa pine of the Pa cific northwest, we are at the bot tom of a never major drought!," says the forest eervlce, "and the up turn to good moisture years should come in three to eight years." This verdict Is based on a study of tree rings by Dr. Waiter H. Meyer. They reveal, by their varying thick ness cycle of drought ana pieuuiui rain regularly recurring for centu ries. Drought Average Year "Dr. Meyer's record of the tree rings goes back to 1633." the forest service statement ways, "In It . he found rhythmlo cycles of good growth and poor growth. Indicating clearly the existence of definite cli matic cycles. .. . 'The length of the cycle from peak to peak of drought varied in the past from 17 to 36 years and. averaged about 23 years. The duta was ob tained from hundreds of trees scat tered throughout the forest region of eastern Oregon and Washington. The latest period of retarded growth seeins to hove started about 1917. This period of slow growtn also appears to be one of the most pronounced and of the longest dura tion In the entire record. Trees Keep 'KeeordV This last statement partially bears out the weather bureau's verdict that this year's drought has been the most severe on record, at least from the standpoints of area affected and deficiency in rainfall. Weather bureau records, however, do not go back more than 100 years except in a few sections of the country, and those older ones were kept by other agencies before the government started recording weather condi tion. The huge sequoias or "big trees" of California, howiever, Have been keeping accurate records of climatic Changes, draughts and wet periods since before the birth of Christ. Nneden Honors lm 'Father' ANNBLUND. Sweden t't A monu ment to the "father o( Swedish gym nastics. Fvr Henrlk Ling, whose sys tem is used In many countrttis. tut been erected In this city .where he died 111 lH;tl. The Swedish Society of Gymnastics Teachers unvdli-d the memorial on the 50th aunlvermuy of the organization. ' ' i- ' 4" " I I " t'.X "i Vvf .vv Two scenes show the wake ol a terrific explosion at the Denn Powder Co. plant, near Olympia, Wash., where 1Q workers were killed and six critically Injured by an explosion of newly mixed dynamite. Upper, concrete storehouse which housed 40 tons of high explosive where fire wardens and volunteer workers worked valiantly to prevent another blast. Remains of mixing room and plant where blast occurred. rails, iron and steel scrap, wire, ra dio sets and refrigerators, put ex ports at above the 6-year 192B-33 average, World Sales Hose Department of commerce figures jhow trade increased to all parts of the world. Europe, the United States' best customer, took 81 per cent more American goods In the first quarter than in the same period In 1033. Af rica took 93 per cent more and Ocea nia 62 per cent more. Exports to Bouth America Increased 41 per cent. War debts, tariffs, exchange re strictions, quotas and protective trade agreements continued to lnterpc-e barriers In tbe way of world trade during the six months, however. But department of commerce for eign finance authorities noted one encouraging sign, a growing tendency, particularly in South America, to re lax exchange restrictions. i.I.W,Y POLICE (II) (i.m:i,ic GALWAY, Ireland UP) Orders have come from Dublin that all po lice business and Judicial proceed ings In the West Oalway division must be transacted In Gaelic. Police men who are not proficient in the native language are to be transfer red to other stations. Tbe measure Is the start of a campaign to hasten restoration of the ancient tongue throughout tho Free State. EUROPE IS STILL "BEST CUSTOMER" FOR U.S. EXPORTS lly Carl (.'. ("runnier WASHINGTON F The United States. ".voM largest exporter, rmade lmporttn gains in the firs-- part of 1934. cor.ipaied with t"ne s.ime pcilod of iy::i, although confron'.ed by many dlltlcultles In tntemhtloiial tfjinineic ..ot yet solved. Prom January to April. Inclusive, the department of commerce reports, total United States exports were e93.2O0.0OO compared with 427.400. 000 in 1033. Imports for the period amounted to $547,000,000. also a gain over the figure of 3fl3. 100.000 for 1033. Demltiutlon u Factor Higher prices per unit of goods oolri contributed to the larger trade fig ures as measured In value. But dol lar devaluation, which made dollars cheaper In terms of foreign curren cies, is also considered a factor. The department of commerce in dex, adjusted for seasonal variation-., shows the actual quantities of goods exported were 48 per cent of the 1023-25 average, compared with 2ii per cent last year. Imports were 43 per cent of the 1023-25 average, com pared with 27 per cent a year ano. While- total exports in April were about tx per cent leso than March, the change was seasonal, largely due to tapering off of raw cotton ship ments. Cotton shipments also con tinued to decline in May. Kxpurt lnrretise tieneml Analysis of the first quarter by the chamber of commerce of the United ataUa shows that the increase in ex ports was general. Only four out ol 50 principal exports fulled to show nn increase In value as compared with 1U33 vtien hanking troubles and other difficulties had forveJ business In the United Slates to an extremely low level. In actual quantity shipments 71 out of 80 principal exports, or 80 per cent, showed gains that ranged up to 752 per cent tor the quarter. Tlie greatest percentage Increases in quantity shipments were made I:i steel rails . . . 762 per cent . . . auto mobiles, tires, wheat, cotton, tobacco, electrical machinery, typewriters, ag ricultural machinery, refrigerators, crude petroleum products, wire, re tined copper, textile machinery, ra dio -vets, apples, metal waking in.i chtnery, heavy iron and steel and uther products. Some of tne gains, notably steel I.ONltONKKM 'MPT lKNS ' f'l KKOM -CITY FONTOI'Fllt.'Ktf LONDON i& Londoners have a great affection for postofflce penhold ers and their stainless steel nibs, says Sir Kingsley Wood, postmaster-general. Recently 75 of the largest post offices In London were supplied with 1.900 penholders and 0,000 points. At the end of the month all tha.tv. re mained were 700 holders and ,1800 nibs. "! One office managed to keep its to tal supply because the pens were chained down. FINGER HURT IN ACCIDENT Pat FltKgeruJd. ycin.s son of Mr. and Mrs. Dave FiU'-sntlJ, met with a painful accident this morning while covering his early pner route. He caught his finger in his bicycle aotnc way and lost the end ot his fore finger on his right hand. FIND IT HERE Copy tor this Coliimii must. ' be tn by 9 aW n. Foil BKNT Beautifully furnished apartments at La Grande Hotel. 7-7-1 t. 11ANCK Mon.. Wed. and Sot. Men 25c. ladles free. Cass Beer Garden. 7-0-2 t. July 10th last day to pay water rent without u penalty. 7-!-3 t. HF.I.I' WANTED If you wish help or suggestions and idtms in tle building of your Float, or the decoration of your car for the Old Timers Celebration this service will bo given you by Richardson I'The Art Man" at Richardson's Art and Oilt Shop. 8-28-t t. July 10th last day to pay water rent without a penalty. 7-8-3 V all kinds for floats and windows made specially to suit your needs may be secured at reasonable prices at Rich ardson's Art and Gift Shop. 6-28-t f. New low price mi insulln-U-20-10CC, 680. U40-10CC C1.77. Moon Drug Co. v 0-22-1 m Yard ley face powaer and compact $1.45. Moon Drug Co. . 0-22-1 tn July 10th last day to pay water rent without a penalty. 7-0-3 t. Window and wallpaper cleaning. Paint washing and scraping. Floor waxing. Phone 659 J. 0-7-1 mp. Try Moon's Vanilla Extract, 3 oz. 33c,. 0 OZ.-52C. pint ftl.30. Moon Drug Co. 6-22-1 m NOTICE OF EXKCUTOB'S - SALE WHEREAS, on the 14th day of June 1934, the County Court of the State of Oregon for Union County, In the matter of- the estate of Edward C. Tuckey, deceased, made and entered an order for the sate of real prop erty belonging to the guld estate, and as hereinafter described. . NOW, -THEREFORE, NOTICE IS HEREBY GIVEN that on or alter Monday, the 16th day of July,- 1034, at 10 o'clock A. M., the undersigned, as Executor of the estate ot Edward C. Tuckey, dfcceaed. - will sell that certaia real property belonging to said estate, and described u. follows, to-wit: Lot four (4), Block Fourteen (14), Grand y s Addition to the VmON ( (ir.NTY WHEAT PHOIll TTION" CONTROt' ASsOOUTIOV Ol' TNIOS ( Ot NTY, OREGON stHlemeiiti of Ailmlnl-tnitlve Expenses for Month of June 19:14 Personal Services and Use of Automobiles on Mileage Basis ...... 8 . Ernest LVLong Merrell P. Conley W. T. Wallslnger John A. Shaw Wm. H. Woodrufl S. T. Bailie J. A. Gasklll Clyde McKenzle Clyde L. Kiddle Ray Baker 8. T. Bailie Lester Blokland LoVerne Brugger Clifford Conrad C. L. Cadwell Virgil Conley Royal Conley William Caldwell William Cooper Vernon DeLong Robert French Ellsworth Halsey M. N. Howell Henry Heyden Cecil Herrmann Chas. 'Hicks Bonnie Hlck-s L. D. Harris A! mon Clelss Cecil Grings Boyd Jackson James McKlnnis Leo Nielson Robert Paige Robert Ramsey Chester Robinson George Hoyes Abner Wade Dee Smuta Wilbur Zurbrick Jack Parsons Earnest Briggs H. E. Brown Harry Hicks Theron Alidersot Dwight Conklin I $&. & 8.1 It Allot. Com. lst-30th 19' 3.00 57.0O 371 1355 t 17 Meals at 40c 6.80 Allot. Com. 12th-28th US 3.00 43.80 484 24.20 14 Meals at 40c 5.60 Allot. Com. 18th-23rd 3 3.00 . 9.00 63 2.65 Com. Com. 12th-30th 4 3.00 12.00 182 9.10 r Com. Com. 12th-23rd 1 3.00 3.00 52 2.60 Com. Com. 12tll-23rd 1V4 3.00 4.50 32 1.60 Com. Com. 15th-30th 3.00 4.50 50 2.50 Com. Com. 16th-30th 1', 3.00 4.50 62 2.60 Treasurer 4th-30th 11!4 3.00 34.60 72 3.60 5 Meals at 40c 2.00 Field Supt. 13th-30th 15 200 46.00 673 33.65 Field 8upt. 13tl)-30th 14 3.00 42.00 73 3.65 Field 8upt. 13th-30th 15 3.00 45.00 Field Crew 13th-30th 16 3.00 45.00 Field Supt. 13th-30th 13 3.00 39.00 219 10.95 Field Crew ISth-SOth 15 3.00 45.00 40 2.00 Field Crew 13tll-30tU 13 3.00 39.00 377 18.86 Ofllce Drft. 13th-30th 17 3.00 61.00 243 12.15 Field Crew 15th-30tll 13 3.00 39.00 496 24.75 Field Crew 15th-30th 13 3.0O 39.00 Field Crew 13tb-30th 15 3.00 45.00 171 8.55 Field Supt. 14th-30tll 12 3.00 36.00 Field Crew 14th-29th 9Vi 3.00 27.75 Field Crew 13th-21st 8 3.00 24.00 Field Crew 15th-30tll 12 3.00 37.60 40 2.00 Field Crew 14th-30th 13'j 3.00 40.50 146 7.30 Field Crew 14th-30th 14 3 00 42.00 83 4.15 Field Supt. 13th-30tll 15 3.00 46.00 413 20.65 Field Crew 13th-29th 12 3.00 36.00 469 22.95 Field Crew 13th-30th 15 3.00 45.00 Field Supt. 131h-29th 11 300 33.00 377 18.85 Field Crew I5th-30th 12 3.00 30.00 755 37.75 Field Crew 13th-29tli 12 3.00 36.00 Field Crew 14th-29th 9i 3.00 27.75 Field Crew 14th-30th 12 3.00 36.00 Office Drft. 13th-30tll 16 3.00 48 00 Office Drft. 13th-30th 17 3.00 51.00 552 27.60 Field Supt. 13th-30th 15 3.00 45.00 237 11.85 Field Supt. 13th-30T.h 15 3.00 45.00 147 7.35 Field Ciew 13th-30th 18 3.00 45.00 137 0.85 Field Crew 13Ml-30th 14 3.00 42.00 440 22.00 Field Supt. 13th-30th 15 3.00 45.00 663 33.15 Field Supt. 13th-30t.ll 14j 3.00 43.50 233. 11.65 Field Crew 16th-30th 6 3.00 18.00 24 1.20 Field Crew 26th-30th 5 3.00 15.00 Field Crew 25tll-30th 6 3.00 15.00 Field Crew 25th-30th 5 3 00 15.00 i Field Crew 30lh- 1 3.00 3 00 Field Crew 30th- 1 3.00 3.00 CUyliToninSe. Union Coun ts Orpffon. excepting th. 8o"tn nu ,fl fAr. thereof and that aama will be sold at pri vate sale and to the highest and beat bidder for the same, ana for cash or under monthly payments, and sub ject to confirmation by the County Cuurt of the State of: Oregon, for Union County. Dated at La Grande. Oregon, uus 15th day of sjune. 1934. 1 v. FRANK E. TUCHJSI, Executor of the Ifctate of Edward C. Tuckey, deceased. NOTICE OP SALE In the County Court of the State of Oreeon for Jackson county- In the Matter of the Estate of Thom as McKlnnis, Deceased. NOTICE Is hereby. given that In pursuance of an order of the above entitled court made in the above en titled matter on June 4, 1934, the undersigned, : administratrix of the estate of Thomas McKlnnis -deceased, will sell the premises hereinafter de scribed at private sale to the high est .bidder for cash, oil the -premises from and after the 18th day of duly. 1934, subject only to confirmation of sale; aa by law. provided. .Tho-prop-i erty hereinbefore referred to Is -de scribed as follows: v - The north, half of the north Saturday, July 7, 1931 haif'of Secrfjfwp'. j, south, rang, -j su, kubi, ui vTjuuiutKie aieridian In Union County, Oregon; ' ' .J- ' OLIVE A. MtKINNia ?' Administratrix: i June 8, 10, 23, 30 July tw NOTICE IS HEREBY GIVEN that the undersigned. .A. V. Turner. a.! mlnlstrator of the estate of William E. Turner, deceased, has filed In the County Court of the State of Oregon -for Union County his final account, and report In the matter of the ad-f ministration of said estate: that said Court has fixed Tuesday, the -31iv day of July, 1934, at th hour of to o'clock In the forenoon of said day, as the time, -and .the eounty . court room In the County Court House tn La Grande, Union County Oregon, aa the place, when and where aatd finult account and report' and any-and.ati objections thereto will be heard, by said Court. All' persons having 'any' objections to the approval of -guld final account, or to the discharge of said administrator are hereby requlreb: to present the same to the above en titled' court at said- time and .place. . : : A. V. TURNER, . Administrator of the Estate of , William E. Turner, Deceased. First publication, June 30, 1934. Last publication, July 88," 1934: June 30 July 7, 44, 21s 28. '.. Charter No. I3IWJ - " ' ' Reserve DUirtri Xn. it ' REPORT OV fONIIITlOX OF THE FIRST NATIONAL-HANK OF . r i,A- tiRANDK IX TUB KTATB OK OHEMON. AT THE CLOSE : .. ' ' - OF BI'MNKMM OS JINK -30, -103 ?;- -. - - : -ASSETS . '' - ' Loans and discounts - 472.723.42 United States Government securities - ..... 227,00000 Securities guaranteed by United States Government -aa-'to.. Interest andor principal- :..'-... - 0,700.00 Other bonds, stocks, and securities - - 83,408.00 Banking house. XO.OOO.OO Furniture and fixtures, ai0,200.00 '60.200.00 Reserve .with Federal Reserve Bank 57,990.12 Cash In vault and balances with other banks 184,809 20 Redemption fund with United States Treasurer and due ....... from United States Treasurer .-..::...-.-.. 6.260.00 Other assets 1.. a..j 9,636.74 ..1,098,717.48 Total Assets - - LIABILITIES .' Demand deposits, except United States Government deposits, public funds and deposits of other banks - 466,693.21 Time deposits, except postal savings, public funds ' ' and deposits of other banks 192,D4087- Public funds of States, counties, school districts, or "-'' '" ' other subdivisions or municipalities- 112,376.37 United States Government and postal savings deposits 1 6O;600.00 Deposits of other banks,- Including certified and -- -, eashiers' checks outstanding t, 3347.21 Total of Items 16 to 20: ' (a) Secured by pledge of .loans andor Investments $148,668.37 (b) Not secured by pledge or loans andor'lnvestmenta 667,389.90 aiS.062.66 (o) Total Deposits Circulating .notes outstanding ::..:. Capital account:. . Common, stock, .1250 shares, par $100 per share $125,000.00 Surplus 26.000.00 Undivided profits-rnet 7.864.82'- Total, Capital Account .tl....:. ' 167.054.82 73.30 11.65 21,10 6.60 6.10 7.00 7.10 40.10 78.65 45.65 45.00 45.00 49.95 47.00 67.85 63.15 63.75 39.00 63.65 36.00 27.76 24.00 39.50 47.80 48.15 66.66 68.95 45.00 51.86 73.75 36.00 27.75 36 00 48.00 78.60 56.85 52 35 61.85 64.00 78.15 ' 65.16 19 20 15.00 15.00 1500 3.00 3.00 Total Liabilities 1,098,717.48 United States Government securities - 317,000.00 Other bonds, stocks, and .securities 14494.08 Total pledged (excluding rediscounts) t 231,294.09 Pledged: .. . . . (a) Against circulating notes outstanding 126.000.00 (b Against United States Govt, and postal savings deposits. .. 62,000.00 (cj Against public funds of states, counties, school districts,'. .. ; ' or other subdivisions or municipalities ..t. 40,000.00 . -217,000.00 Total .Pledged .tae of Oregon, County or Union, sa: - . . .- - (SEAL) ..I, A. K. .Parfcer, Cashier of the. above-named .bank, do, solemnly i-. swear that the above statement-Is true to the best .of my-know- ledg and belief. Subscribed and sworn to before me this 6lh day of July. 1934. Colon R. Eberhard, Notary Public. My. Commission Expires July 19, 1935. A. K. PARKER, Cashier. Correct Attest: -' - ' HARRY McKINLAY ERNEST DELONG F. L. MEYERS - Directors MISCELLANEOUS Nj-l Anncld Powder Tor Indigestion, 50c. Mnon Drug Co. 6-22-1 m July 10th last day to pay water rent without a penalty. 7-0-3 t. Lady Esther Tollltrles at Moon Drug Co. 6-22-1 m. (il.AIIIOI.l . Ovir Gladiolus are In bloom. IJeau tllul assortment of colors cut fresh every djy. $1.00 do?cn. Cherry's Flor ists. Inc. 7-1-6 t July loth last day to pay water rent without a penalty. 7-6-3 t. July ICth last day to pay water rent wittiout a penalty. 7-6-3 t. SHINS AMI iim oiiATioss SiGUs, Banners and Decorations of June I2th La Grande Eventug Observer, printing new cont. allot, data 7.36 June 19th La Grande Evening Observer, printing May expense acts. 4.40 June 13th Victor Eckley, P. M., No. 8 envelopes. 500 16 24 June 25th Victor Eckley. P. M., registered fees 18c, 18c, 15c .51 June 13th W. H. Bohnenkamp Co. brushes 25c, wire 65c, paint 60c... 1.40 June 13th W. H. Bohnenkamp Co. wire .18 June 14th W. H. Bohnenkamp Co. wire .30 June 15th W. H. Bohnenkamp Co. wire .18 June 20th W. H. Bohnenkamp Co. wire .30 June 22nd W. H. Bohnenkamp Co. steel tape line , 3.75 June 16th First National Bank. Interest 6.64 June 30th Montgomery-Ward, cloth for field crews. 6 yda. 17c .85 June 14th Merrell C. Conley, making four measuring wheels 4.00 June 14th Merrell C. Conley. cloth for field crew, 5 yds, 17c .85 June 28th Oregon Trail Garage, repairs on measuring wheel 1.00 June 19th La Grande Bk. A: Sta. Co. hard pencils 40c, , . .- 3 protractors 45c :; . .83 June 6th Extension service. Corvallls. W134 forms 2500 2.00M 5 00 June 35th Extension service. Corvallls W134 forms 2500 2.00M- 6 00 June 14th OSC Cooperative Ass'n. 6 field sets $10.60. .',- :.. 1 office sot $3.00 , , - -. 13.50 June 21st OSC Cooperative Ass n. 5 Field Sets $10.50. 1 office srt $3.00 ............, - - 13.50 June 25lh OSC Cooperative Ass'n. 500 gem clips I No. I-35c 600 No. 2-30C -ik. .55 3 doz. pencils 90c. postage 22c . - 1.12 1 quire mimeograph stencils - 2.70 Juno 27th E. H. DeLong, measure wheels 4.70 Railway Express Agency. June 27th, express on . supplies from Corvallls i...:........:.......j 1.88 June 30th Nelson Prlntg Co., scratch pads .60 . Total $2105.39 WE CERTIFY that the expenses of this association, as outlined above, are properly Incurred, that the sen-Ices Indicated have actually been -.rendered In the business of the association, and, or the. articles shown have actually been received and are In uae by the association. We cerufy that the foregoint: statement is correct and that the -prices charged are reason able, that the entire bill Is correct and Jist and that payment therefor has not been received. E. H. DELONG, H O. AVERY, President Secretary O No! A popular conception of a banker as depicted by some of the metropolitan newspapers and some mag azines is that of a cold type of individual whose vocab-' ulary is more or less limit ed to the word "No." The facts are that banks make their money by saying- "Yes." Loaning " is a prime function of a bank," A banker must say "Yes", in order to' meet overhead, and make profits. ' 5 When a banker says "No" it means that in his judgment, based upon ex perience with hundreds 'of. borrowers, the bank wilt be best benefited by such an answer. - .- First National Bank OF LA GRANDE Memher Federal Deposit Insurance Corporation Insures Each Individual Deposit in this Bank up to $5,000.00. -