Image provided by: Chetco Community Public Library; Brookings, OR
About Brookings-Harbor pilot. (Brookings, Curry County, Oregon) 1946-1978 | View Entire Issue (Aug. 7, 1952)
Thursday, August 7, 1952 BRO O K IN G S-H A RBO R PILOT. BROOKINGS, OREGON FINANCING IMPORTANT FOR Hereford Entered ID IN 'NATIONAL ECONOMY P.-l. Competition GOLD BEAL H Adequate capital is of increasing im portance in PAGE SEVEN LOCAL N E W S r"tny Thomas, insurance m an of Portland, who periodically calls Mr. and Mrs. E R Mickelson expect to move into their new on clients here. home being painted this week, on T anbark Lane. The Mickelsons have been living at W inchuck Vil lage. Roy Dimmick did the house Screened Sand, and Gravel building. F r a n k Chaprrtan, prominent cattlem an of Pendleton, was a vis itor here the first of the week with m aintaining high production of vitally needed farm products, related The national Hereford show a t C. H. Young, executive vice-president of C urry County Bank, who tracted the first entry for the ’52 represents the Oregon Bankers Association as C urry County Agri Pacific International Livestock cultural chairm an. “O perating a successful farm or ranch today Show an entry from the Coffer requires a m uch larger investm ent than it did a few years ago.” he Hereford Ranch at Chehalis. Wn. said. ”The average Oregon farm is larger than it was ten years This year's P.-I. is scheduled for ago. In the face of the shortage of farm and ranch labor, this means O ctober 4th to 11th. that more of the work m ust be done by machinery. Four additional entries h a v e "High levels of production are been received, the largest o n e sition. It is the biggest c a ttle show necessary not only to provide the banks made 1.112 additional farm being “Double M” Herefofrd ranch and sale of any breed held any-1 basic comm odities the world needs, and ranch real e state loans in an w ith space reservations for a herd 1 where in the United States. A , but also to justify the large in aggregate of 6.280.000. Yet. so of 25 head. The Haybrook H ere minimum of 400 head is expected vestm ent in m odern agriculture. much of the m ortgage debt was ford ranch and the Joe F is h e r ; to be entered. The sale date is In recent m onths, farm ers and paid off during the year that, on I lereford ranch have also in d i-1 1:30 p. m., Tuesday, Oct. 7. ranchers have been faced with Dec. 31. 1951, the total am ount of cated their intentions to show. rising costs of the things they buy this long-term debt outstanding E ntries will be open until Sept. and lower prices of the things had risen only $1,355,000 to a 20. Herds from all over the U. S. they sell. Production is the key total of $10,622.00. will be represented, according to it) keeping agricu ltu re profitable. “The fact that the sta te 's banks W alter Holt, exposition m anager, “To fill th eir needs for capital, are serving particularly the oper especially from Wyoming. Idaho, farm ers and ranchers have turned ators of small and moderate-sized Utah, M ontana and W ashington, mostly to banks throughout the farm s and ranches is shown by the and Oregon. The Coffer ranch entry will be sta te .” Mr. Young said. Quoting size of the average loan made by 12 head of the famed white-faced from the eleventh annual national banks during the year. The aver survey of ag ricultural lending by age production loan was $3,485 cattle to compete in the National 7 »'re ford show at the big expo- the /Xgricultural Commission of during 1951. and the average farm the Am erican B ankers Associa real estate loan was $5,647. tion. he noted th at “the vast m a “The total of bank-held agricul jority of farm and ranch loans tu ral debt outstanding in Oregon Summer Cut Prices! made by banks are for production on Janpary 1 of this year was and operating requirem ents. In $42,086,000. excluding C. C. C. Î951, the last full year of opera loans,” Mr. Young concluded. tion Oregon banks serving agri • • • cultural com m unitiec loaned $88.- Mill-wood, cord $10.00 Dale W ard, employed at Gold 867,000 t o 24.807 farm ers and ranchers for all types of financial Beach at the S tandard Stations Plywood Cores, cord $12.00 needs. Of this am ount, $82,587,000 was a caller here for a couple of was borrowed by 23.695 farm ers days early this week. A m em l» Any Length! and ranchers to finance produc of Eve P rentice’s Accordion Bant tion and operating needs. This he plans on entering Oregon S ta ' Phones 2546 or 2341 com pares w ith 23,628 production College this fail. loans, totaling $70,106,000, d u r ing 1950. These production loans w ere quickly repaid, too. and only ^31,464.000 were outstanding at "The Greatest Evangelistic Campaign oj the Era!" Tii»' end of 1951 “The year 1951 was m arked by a very small increase in the total of bank-held farm and ranch m ort Billy Graham's Portland Campaign gage debt. indicating that this type of borrowing is kept to a mini ALL COLOR SOUND FILM mum. At the beginning of the PRODUCED ON THE SCENE RY year, the total agricultural m ort HOLLYWOOD EXPERTS gage debt held by Oregon banks was $9,267,000. D uring the year. Salvage Sand and Gravel Top Soil Fill Dirt Drainage Rock Phone 2341 Leonard Real E state ARKS BERUTIFULLy REBUILT L & D. Wood Yard TH E P O R T L A N D S T O R Y © Jake's Barber Shop £ 0 A qj HOURS: f) £ £ 0 SEE AND HEAR: The Men Behind the Campaign i'he 1000-Yoice Choir Cliff Barrow s and Bev Shea The E ntire T ram , in action The Man Who Talked to the Blind and the Deaf The Unending Lines of Converts Many of the 629.000 Who Attended the Cam paign The Giant Tabernacle, by night anti da\ W eek Days, 9 a. m. to 6 p. m. • • • SATURDAYS 9:00 a. m. to 7:00 p. m. • • * At Baptist Community Church, at H:oo p. in., Ttco Barbers on Saturdays FRIDAY, AUGUST 8, 1952 •Next RICE GUARANTEED— Beautifully Re-Built Because of your many request«, STA RK 'S will have a representative in Brookings next week and at regular intervals in the future. V rite to 5 P. IK K ’S. 702 Willamette, Eugene. W RITE TODAY EOR F R E E HOME DEMONSTRATION! E U G E N E To N ook Cafe — BROOKINGS CLINK A s k F o r G A M E R ’S Office hours. 9 a. m. 5 p. m. DR. R. E. S M IT H D E N T IS T * PH O N E 2831 Dr. Richard L. Smith O PTO M ETR IST ftuffy White Fine Breed DR. ROY M W H IT E OSTEOPATHIC PHYSICIAN and Surgeon T£’m cr0cncfrs at d a y Hour I PH O N E 2701 fi'icni«£7« by A ppointm ent Afc Your Local Grocery
