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About The Ontario Argus. (Ontario, Or.) 1???-1947 | View Entire Issue (Dec. 9, 1920)
THE ONTAMO AKUUS, ONTAJUO. ORL'ClOk, Till I7KI) KV. DECEMRFJ; 9. 1920 PROSPECTS Of PROTECTION . AffECT WOOL MARKETS Wool Hales In Australia Evidence Tendency of American Bujei'e To llolil Off Foirlgn Markets Botso, Idn Nov. 17, Speculation iih to (ho possibility or a prospective tariff under tho new administration hns hatt Its effect on tho wool mar ket says a statement by It. I). Mlllln, sheep spuclatlRt of tho University ot Idaho oxtctiHlon division. This ro sult Is notlccnbto, according to Mr. Mlllln In lis rolatlnn to tho pur chases of wool In AttBtrallii by Amor lean Buyers. "Octohar snlcs In Australia did Mrnot moot with groat success and prices rcallzod woro bolow thoso Rioted for American markets nt the samo tlmo", sns his statement. "In nhlllty to know whether tho low point In wool prices had been reach ed and tho possibility of having to meet n protective, tariff In this coun try on tho arrival provuntod lnfgor purchases by American buyers. Home small purchases' woro lumlo for American manufacturers' ac count hut tho wools sqcurod woro to bo manufactured Immediately upon arrival In this country. "Strange to sny, most of tho wool recently sold In tho oast has boon ooarso wool. This has been usod by carpet manufacturers who scorn to havo enough demand for their prodtictR to keep tho'.r mills busy. A sale ot roarsu wools by tho govern ment In 'October was considered o MircoM, due to tho fact that nil wools offered woro Hold, although lir'co-j woro very low. Tho movor nioiit In carpet wools Will not moan much to American sheep man, for thoy produce hut little o.f this clans, 0 It ADR SCOURED POUND Flno Staplo $1.20 to $1.25 ,4 blood stnplo 1.00 to 1.10 3-8 blood utoplo 70 to .80 V blood staple no to .00 rino clothing 1.05 to' 1.10 Iliio modltim clothing .OS to 1.00 of wool. Tho fact that all tho offer ings woro sold exerted a steadying Influonco on tho trado. "Hoston dispatches aro ntlll talk ing of (Jormnny's bolng financed by Groat Ilrltaln for tho manufacturo ot largo quantities ot IlrltUh crossbred wools. If this Is arranged tho wool market should bo strengthened con siderably. "Somo custom wool mon aro ro ported as fcollng that tho retailers aro blocking tho gamo by striving to hold up prices until thoy can clear their shelves and stnto that, If thoy would only lower their prices to reasonable levels, business would start up again. Otliors attribute tho slackness to u general lack ot con- ftdonca. "Tho following quotntlon Is from tho Dally Nows Ito:ord (Now York) ot November 8: ' 'Altogether, tho wool situation, whllo difficult, scorns to promUo early Improvement. Evorybody con nected with tho Industry Is eagerly looking forward to a ronowed do maud for wool, foo'llng suro that as I soon as current stocks begin to move, prices will also mend. Talk about tho Western growers holding their, wool Indefinitely Is nil right, whllo' tho market remains dull, but when things movo, even though prices nd-i vonro slowly, moro and more of tho' holders will bo Induced to soil. In fact thoro Is wool enough avnllablo today. What Is neoded nbovo all things, Is doninnd.' "Tho market quota! Ions from tho sama pnpor havo boon figured Into tortus of grouso wool nt roproscntn- tlvo Idaho shrinkages. Wool markot quotations aro not to ho considered ton seriously with tho markot In Its prosont condition. Classified Advertisements rou bale KOlt SALE Smnll rocords. Phono 42-W. Andorson. vlctrota and Mrs. lllnncho 52-1-2 pd. roil SALE 10 II. P Fairbanks Morso Ons Knglno, like now. 1-4 Inch Parma Water Llftor with dfs charge pipe. O. A. Kratz. FOR SALE Good milch cow, or wilt trado for hay. Hoi C41. Onturlo, t tt. FOU SALE 2 milch cews: a ratio Jerseys, ono 4 years, tho othor 0 years old, fresh Bometlmo this, month. V. V. Hlckox, Phono 200-M. Ontnrlo II. F. D. 62-1 FOll SALE 12 room modern house, closo In, on Orcgou Streot. Can be rented as apartments It desir ed. Easy tonus See Mrs. T. B. FIs r. Phono 93-W. 4852. roil SALE Quick Itoadster. $50 first class condition, will consider bankable not. J. II. Test, phone 110-W, Ontario, Orocon. tf LOST AND FOUND. t'hnrtor No 9348 REPORT OF CONDITION OI' ltcservo District No. 12 THE LOST Cameo pin Saturday Nov. 27th Jn Ontario. Leave nt Argus offlco and rocohed reward. Mrs. T. J. Ilrosnnn. 917 IM.-G2 . LOST Ilotweon Ontnrlo and Hut Icrfloltl ranch, n now black Hand Ixij. Ilcttirn to Oco. V. Lowo at the lluttorfl.ild rnnch or to Tho Attju Howard. C2-pd, FOll SALE 40 ncros, Owyhee water, good drainage, running wat er. Part In alfnlfa. Balance ready for crop. Terms It desired. V. I). Staples, Ford Oarage G2 FOll SALE A firs room bunga low ou Main Streot, tliroo blocks north ot the Mooro Hotel. Address Dox 143, Buxton, Oregon. G0-4t FOU SALE Good eating apples. . O. Hooloy, Frultlandt Phono 4C-2. 823 G2-1-2 pd. SHIUNIC ailL'A'SE, POUND 04 - 48.2 to 4Gc 02 38, to 41.8 GGtf. 31.5 to 30 60 25 to 30 04 37.8 to 39.0 60 41.8 to 44 I . - .. I Memories Even old Santa has them. Thoy reach bnclc across tho year recalling old scenes onco familiar faces. Tho family album has its. place and photographs of friends of other days aro cherished in every household. 'Exchange portraits Christmas time. .Make an early appointment for a sit ting. Mother will appreciate it Dad will bo proud. Bettor still why not Moth er and Dad poso for "the .inildren's sake." Sisters, brothers, sweethearts and baby portraits moke tho gift un equalled. Seligmim Studio Photographer Phone 133-W FOU SALE Scrlpps Ilooth car, 1010 Motlol 1000. Sea It. W. Bwng lor. 822 G2-1. FOll 8ALE High gratlo Jorsoy cows and holfori. Prices right. J. A. Lackoy, quartor mllo S. E. Ontario, Stockyards. 62-1 FOll SALIC Houso, 10x24, at a bargain. purchasor must movo building from lot. For particulars soo I. E. Oakes, Offlco Wilson build ing. Phono 72; or resilience phono 179-M. 82052-3 Lett nt pnssongor station Ontario, Friday Nov. 20th, n packogo con taining paporB ot no vnluo to nnyono but ownor. Finder return to S. A Atklsson, Payette. Will pay postage K 'd roasonablo roward. 916-52 pd. tv 'uo to my place seven miles . ... . west m wolsor, ono tiay marc, wolght about 1500 lbs. no visible brand. Owner plcuse come' take mnro, pay charges and for this ad. Chus. M. Van Iluren. It. 1, Welser, Idaho. 4971. l.a IC17.50G.47 2,629.30 MISCELLANEOUS Mrs. A. T. Chrlstonson, toachor of piano, Phmie 170-W. 61 tf. WOltIC WANTED by man and wife on ranch by the year. Dox 142. 4t. pd. - i. ESTItAY Camo to my place t mllo cast of Ontario 2 year old heif er. Tin plate ou right oar, with Samuel Smith, Ontario, Oregon, stamped on It. Ownor can have hotter by paying for ad and feed bill 51-0t Pd. FOll KENT Small furnished houso with garden, berries, shade and fruit. It. It. Richardson. Phone 05-M. 52. Tho Argus wnnt nds will toll youi farm produce or your iqcoiiu linno machinery. Itosorvo District No. THE Licensed to Practice In Oregon and Idaho O. A. KHATZ Municipal Engineer Member ot American Association ot Engineers Sower systems, water works, pave ments, concrete design, assess ment, office systems 408 Tllford Bid., Portland, Oregon City HU, Ontario, Oregon EXF1ESS AND TRANSFER rhoae ist Residence Phone 116J2 II. R. Caldwell Prop. Quick Service Plioue 1D Ontario, (fregeii Chartor No. 6822 UEPOHT OK CONDITION 01 FIRST NATIONAL BANK AT ONTAHIO, IN THE STATE OF OREGON, AT THE CLOSE OF HUSINJ-SH ON NOVIIMBHH, in, 1I1!. RESOURCES la Loans and dlscouuts, Including rediscounts (oxcopt thoso shown In b and o) $527,041 96 2. Overdrafts, secured, $..; unsecured, $775,02 I. U. H. (2o eminent Nt'Ciirltli'M ewned: a Deposited to socuro circulation (U. S. bonds par valuo) .......a 12,600 00 tl Pledged ns collateral for State or othor do posits or bills payablo 20,000.00 t Owned and unpledged A), 960. 00 ' h War Sjvlugs Certificates and Thrift Stamps actually ownod 840.00 Total U. 8. Oovcrnmont aocurltlos 1. Other bond, ctH'lliltli'N, vie 1 b Honda (othor thnn U. S. bonds) pledged to eecuro postal savings doposlts 1,600.00 0 llondi and securities fothel than U. 8. ecurltlos) plodgt'd att collateral for Otnte or other deposits (postal excluded) or bills puynblo 9,600.00 0 decurltlos, othor than U. S. bonds (not In cluding stocks), ownod n;id unplodged 39,337.13 Total bonda, i.ci-uritics, etc., othor Hum II. 8 0. Stocks, othor than Fodoral Itesorvo Hank 8t 00k :. 7. Stock of Fodoral Hesorvo Hank (60 per cent ot subscription , 8 n Valuo of banking, ownod and unincumbered 32,360 00 ' 9. Furniture and fixtures 11, Lawful rorervo with Fodero.1 Hesorvo Hank.. 12 Itoms with Federal Hesorvo Hank In process of collodion (not nvnllablo as resorvo) 13 Cash In vault and not amounts duo from national banks 14. Not amounts duo from banks, bankers, and trust companies In the United States (other than Included In Horns, 11." 12, or 13,)... . 16. Exchanges for clearing houso Total of Itoms 12, 13, 14, 15, and 10 . . 77,743.71 17 Chocks on banks located outsldo ot city or town ot reporting bank nnd otl er cash Itoms 18 Iledomptlon fund with U, 8. Ticasuror and due from U. 8, Treasurer 19. Intorest earned but not colloctod approxi. mnto on Notes and Dills Receivable not past duo 7,5.00.00 TOT A L LIABILITIES 21. Capital stook paid In 22. Surplus fund '..... 23.a Undlvldel profits 21,790 00 baJferxs current expenses, Interest, and tuxes Rild 10,335 35 27. Circulating notes outstanding 30. Net amounts duo to banks, bankers, and trim companies In the United States aud forol.-n countries (othor than included In Hems 28 nnd 29 '.,...- Totul of Items 28. 29, 30, 31, and 32.. Demand Urposlts (other than bank deposits) Mihjrrt to Hexerio (deposits payable within SO days:) 33 Individual deposits subject to check ....... 34. Certificates ot deposit duo In loss than 30 day (other than for money borrowed):. 35 State, county, or othor municipal deposits secured by pledge ot assets of this bank Total of demand deposits (other than hank deposits) subject to ltcservo, Items 33, 34, 35; 36, 37, and 38 617,030,48 39. Certificates .of deposit (othor tnnn for mon. " ey borrowed) - 41. Postal savings deposits 42 Other tlmo deposits Total of tlmo doposlts subject to He serve, Itoms 39, 40, 41, and 42 180,198 H 48.. mils payablo with Federal Heservo Hank,.. 12 $627,041.95 776.02 94,290,00 60,337.13 1,000.00 3,000.00 32,360.00 0,749 00 43,920.77 3,184.03 00,028.00 5,857,88 2,073.20 1,892.36 025.00 IjlHanjilH.UO 60,000.00 50,000.00 6.465.25 12.500. c: 4,064.33 4,554 .1'.: 4 395,199.18 115,8.11 30 C.000.00 129,833.20 232.93 50,131.95 20,000 00 TOTAL $8.'ll,7a8.ao Of the total loans and discounts shown nbovo, tho amount on which In terest and discount was charged at ratoe In excess of those permlttod by law (Sec. 6197, nov. Stat.) (exclusive of notes upon which total charge not to oxceod 60 cents was made) was None. Tho number of such loans was None. ' STATE OF OnEOON, COUNTY OF MALHEUR, ss I, II. D. Cockrum. Cashier of tho abovo named bank, do solemnly swear that tho abovo statement Is true-to the best of my knowledge and belief. , II. H. COCKHUM, Cashier COnnECT Attest: Subscribed aud sworn tG before A. L. COCKRUM me this 29th day of November, 1920 T. TURNBULL w, w. wuuu, L. B. COCKRUM Notary Public ETTA COCKRUM My Commission oxplrcs Oct. 10. 19 7. 8.a 9. 10. 11 13. 14. 10 17. 18. 19. ONTARIO NATIONAL BANK AT ONTAHIO IN THE STATE OF ORISON, AT THE CLOSE OF BUSINESS ON NOVEMBER 15, lUiH. RESOURCES Loans nnd discounts, Including rediscount (oxcopt thoso shown In b nnd e) 091,331.09 Total loans 0Bl.3tfl.00 .Notes and bills rcdlseounted with Federal Hesorvo Hank (othor thnn Imnk nrpntiiniinnu sold) (hl'o Item 54it) 7a 805 2 PV(inLrnftM' "mih-oiI. $ : unsecured. $2,029.30 (iowiiinii'nt MTiiillloM mtm-d: Deposited to socuro circulation (U. S. bonds par valuo) 00,000.00 Pledged to socuro postal savings doposlts (par valuo) 500.00 Pledged ns collateral for 8tato or otlnsr tb- posits or bills payablo 23 400 00 Owned and unpledged ' 1 ico 00 Wnr Savings Certificates nnd Thrift Stamps actually owned . . ; rdc bs Total U. S Oovornmont securities Other bonds, xccuiltleH, j-tr.: Bonds (other than U 8, bonds) pledged to socuro postal savings tloposllB 1,000.00 Securities, othor than U. 8. bonds (not In cluding stocks), ownod nnd unpledged 20,037 83 Total bonds, securities, etc., othor thnn U Hi eeeeee'teeeeeeeeeteee Stock of Fodoral Reserve Bank (60 per cent of subscription ) Vnluo of banking houso, ownod nnd unlncutn. ""rod .17.200.00 Furnlturo and fixtures Real estnto owned othor than bnnklng houso Lawful rcservo with Federal Rosorto Bnnlc. Cnsh In vault aud not amounts duo from national .hanks Net amounts duo from banks, bankers, nnd trust companies In tho United States (other than Included In Itoms 11, 12, or 13) Checks on othor banks In tho snmo city or town an roportlng bank (othor than Item 15) Chocks on banks located outsldo of city ot town of reporting bank and othor cash Itoms Redemption fund with U. 8. Treasurer and duo from U. 8. Treasurer IntercHt earned but not collected approxi mate on Notes and HIIIh Hocolvnblo not post duo ($7,050.00) ,.. 80,940.88 27,037.8.1 2,700.00 37,200.00 4,90(5.20 1,000.00 15,438.85 22,280.01 19,408.68 3,303 45 1,570.48 3,000.00 TOTAL 42,382.01 LIABILITIES Capital stock paid In Surplus (nnd Undivided profit 31,418.84 Less current oxponsos, Interest, and taxctt paid 10,303.03 Interest and discount collected of credited In ndvnnco of mnturlty and not earned (np- proxlmnto) Circulating notes outstanding Net amounts duo to national banks Not amounts duo to banks, bnukofs, nnd .trust companion In tho United States and for eign countries (other than Included In Items 28 or 29) Certified checks outstnuYtliig Cnshlor's checks ou own bank outstanding.. Total of Items 28, 29, 30. 31. and .12. Demand deno!! (other than Imnk ileiiosltN) Mkbji'ct in Kii'i'o (doposlts payable within . 30 days): Individual deposits subject to check Certificates ot deposit duo In less thnn 30 days (other than for money borrowed) .... Total of domnud deposits (other than bank deposits) subject to Rosorvo, Ileum 3.1, 34, .16. 30, 37, and .18 , 380,400.70 , TImik deposits subject ((, Itrsrno (payablo after 30 days, or subject .to 30 days or moro notlco, nnd postal savings): 39. Certificates of deposit (othor than for money borrowod) ; 41. Postnl savings doposlts 4 2 Oilier t'mo doposlts ., . , Totnl of tUuo doposltH subjoct to He- ' servo. Itoms 39. 40. 41. nnd 42 221.498.22 Hills pnyablo with Federal Rosorvo Bank.. 21. 22 23.n b 27. 29. 30. 31. 32.' 3.1. 34. 9H III.O.'1 1. 1 7 00,000.00 40,000.00 12,066.80 2,097.32 68,900.00 13,306.16 20,319.06 10 00 0,080.91 366,472 79 30,927.07 48 176,198.80 118.09 45,180.07 20,000.00 TOTAL HI!l,n:il 17 OMho total loans and discounts shown nbor, the umouut ou which Intorest nnd discount was charged nt rates In excoKs of those per mitted by law (Sec. 5197, Itov. Stat.), (uxuluslvo of notes upon which totul charge not to oxceod 60 cents was made.) was None. Tho number of such louns was None. STATE OF ORKOON. COUNTY OF MALHEUR, ss I, W. F. I Ionian, Cashier of tho ubovo-uumnd bunk, do solemnly swear that tho nbovo statement Is trim m the best of my knowledge und bollei W. H. WOMAN, Cishlar Subscribed and sworn to before me this 30th ilay.if November, 1920. 8. F. TAYLOR. Notary Public for tho Stale of Orexon My Commission Expires, October Cth, 1923. CORRECT Attest: ' O. II. EMISON. J. H. BLACKABY. EARL BLACKABY, Directors. 4t-4444J444444AW.44H'M444 t n .. r .. . n n .. ee mcraii ana see ccaer With .Modern Scientific' Optical IlistiuiunitH Your tliililirii'M H's, nn will 111 tliu Older Person's Arc Hnfo In Our Care No chnigrs crpt mIicio I'rofiMcnnl Hwvlrcs Hre ilrnlreU We Absolutely (jiiainiitcn All Our Work. Phniiov Offlco 117-J, Hi-sldemr 10U..M DH. J. A. McFALL Eyeslglit SprcUll.t Offlce: BliuUnby Jewelry Atom Ontario, Ort'geii 4-44Kt-t-!i444 W--t t f -mr- -- B-W-l.- L ? X XkJ OAW JLJS ,.-X7G -JL"XXXJLO to have those 3Ftepet:i.rec3L We can save you money on COMPLETE NEW TOP J Fstablishcd here in 1910 Directors 4-f4t-j$-j-t4i4li4KtKt