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About Ashland tidings. (Ashland, Or.) 1876-1919 | View Entire Issue (Nov. 25, 1915)
Thursday, November 25, 1915 ASHLAND TIDINGS Page Seren No. 5747. REPORT OP THE CONDITION OF THE First National Bank AT ASHLAND, OREGON, at the Close of UuslnoMg on November 10, 1015. RESOURCES. 1. a Loans and discounts Overdrafts, unsecured U. S. bondB: a U. S. bonds deposited to secure circulation (par value) 175,0000.00 b U. S. bonds pledged to secure U. S. depos its (par value) 1,000.00 c U. S. bonds pledged to secure postal sav ings deposits (par value) 3,000.00 1268,097.40 200.62 Total U. S. bonds Bonds, securities, etc.: b Bonds other than U. S. bonds pledged to secure postal savings deposits 12,000.00 c Donds and securities pledged as collateral for state, or other deposits or bills payable (postal exclude'D 40,000.00 e Securities other than U. bonds (not including stocks) owned unpledged., 104 870.55 79,000.00 Total bonds, securities, etc Subscription to stock of Federal Reserve bank 17,200.00 a Less amount unpaid 3,600.00 a Value of banking house Furniture and fixtures Real estate owned other than banking house Net amount due from Federal Reserve Bank a Net amount due from approved reserve agents In New York, Chicago, and St. Louis 42,590.63 b Net amount due from approved reserve agents in other reserve cities 105,090.55 Net amount due from banks and bankers (other than included in 10 or 11) ... . 14. .Other checks on banks in the same city or town as reporting bank a Outside checks and other cash items. . . 18.08 b Fractional currency, nickels, and cents.. 172.82 Notes of other national banks Federal Reserve notes Lawful money reserve in bank: Coin and certificates Legal-tender notes Redemption fund with U. S. Treasurer (not more than 5 per cent on circulation) ' and due from U. S. Treasurer 7. 8. 9. 10. 11. 12 15. 16. 17. 18. 19. 20. 156,870.55 3,600.00 15,000.00 6,000.00 4,234.24 10,500.00 147,681.18 l,66o.09 1,045.33 190.90 2,810.00 10.00 36,284.70 25.00 3,750.00 The Widening Uses Of the Telegraph Few realize how rapidly the tele graph, as a commercial utility, is dis placing the use of the mails on Im portant transactions, especially those where time is the Important element. And It is 'being evidence more and more each day that time is the one thing to be both utilized and saved in consummating transactions be tween individuals as well as com panies located apart. The letter ser vice of the Western Union has Intro duced an agent of far-reaching influ ence in expedition of business nego tiation, and the growth of the prac tices that have originated out of the telegraph letters has astonished even the telegraph organization Itself, and spurred it to enlarged activities in providing for the situation. There is hardly any kind of effort that can not be improved In Its efficiency by the use of the wires, and the trans mission of plenty of words to clarify situations and bring about under standings at a distance. There Is coming to be a well-defined habit of all kinds of business organizations to rely upon day and night telegraph letters in flr3t exchanging views and later securing action, a plan that vi talizes competition and Insures re sults in the shortest possible time. The modern and unusual service of the Western Union, which even keeps ahead of the times, is equal to any demand and Is a revelation In rapid ity and thoroughness. Total LIABILITIES. 24. Capital stock paid in 25. Surplus fund 26. Undivided profits 117,145.13 Reserved for taxes 1,500.00 18,645.13 27. 30. 32. 33. 34. 36. 37. 38. 49. Less current expenses, interest and taxes paid 6,948.29 Circulating notes outstanding Due to banks and bankers Demand deposits: Individual deposits subject to check Certificates of deposit due in less than 30 days Certified checks United States deposits Postal savings deposits State, county, or other municipal deposits secured by Item 4 c of "Resources". . . Total demand deposits, Items 32, 33, 34, 35, 36, 37, 38, and 39 412,505.65 Time deposits: Certificates of deposit Total of time deposits, Items 40, 41, and 42 117,642.25 Total 1736,965.01 $100,000.00 20,000.00 11,696.84 73,500.00 1,620.27 336,977.71 12,275.61 327.65 1,000.00 9,994.48 51,930.20 117,642.25 $736,965.01 More Prisoners Than Ever in Pen State of Oregon, County of Jackson, ss.: I, J. W. McCOY, Cashier of the above-named bank, do solemnly swear that the above statement is true to the best of my knowledge and belief. J. W. McCOY. Cashier. Subscribed and sworn to before me this 20th day of November, 1915. G. G. EUBANKS, Notary Public. Correct Attest: GEO. W. DUNN, W. H. McNAIR, THOS. H. SIMPSON, Directors, Railroaders Will Ask Eight-hour Day The four railroad brotherhoods, in cluding more than 350,000 engineers, firemen, conductors and brakemen on all railroads in the United States, an nounced last Thursday from their convention at Cleveland that they are preparing to make formal de mand about March 1 that the rail roads grant them an eight-hour day with the same pay they now get for ten hours. Action will be taken at a meeting of the executive committee of the brotherhoods in Chicago on Decem ber 15, when ballots for a referen dum will be prepared. The votes are expected to be tabulated before March 1. The eastern association of the gen eral chairmen of the engineers' and firemen's brotherhoods in Joint ses sion decided to join the conductors' and trainmen's brotherhoods in, the eight-hour day and time and a half for overtime demands. Salem Statesman: Gov. Withy combe said yesterday that indications are that the Oregon state peniten tiary will be confronted with a def icit at the end of this year. The prison now has 532 inmates, the largest number in its history. Last year 257 prisoners were re ceived, and up to November 1, this year, 229 had been received, showing a slightly Increased ratio over last year. "A rather striking feature," says the governor, "is that 20 per cent of .'the prisoners were committed for forgery or obtaining money by false pretenses, and most unfortunately the larger portion of this class of criminals is composed of young men just entering maturity. This is really appalling and shows a serious moral obtuseness among some of our young men. Whatever influence is responsi ble for contributing to this deplor able condition should be remedied if possible, whether it is due to social conditions or to general carelessness of bankers and business men in cash ing checks." Tickets for the Thanksgiving foot fall at Butler's, Rose Bros.' and Charley Loomis'. It " The Children's Hour Protect the children from the draughts. Keep the damp and chill away with a good oil heater. Inexpensive to operate easily carried from room to room. Smoke, less and odorless. Dealers every, where. For best results use Pearl Oil . Standard Oil Company 'California! Portland Portland to Help Valley Canneries Portland Journal: Portland has rallied to the support of the indus tries of the state to such an extent during the last two weeks that the canneries of Jackson county will be kept busy for the next five years. This announcement was made last night at a banquet tendered by the Oregon development bureau of the Chamber of Commerce to the exhibit ors at the land show by D. M. Lowe of Jackson. He said the Portland wholesalers had placed large contin uing orders for pears, apples, logan berries and other fruits and their products. The dinner was presided over by C. C. Chapman, chairman of the bu reau. About sixty exhibitors attend ed. Addresses were made by C. C. Colt, president of the chamber; Mr. Lowe, H. E. Gale of Josephine coun ty, and others. Rogue River Canal Company Work The Rogue River Canal Company" Is spending thousands of dollars and completing miles of ditches and sev eral big storage dams In an effort to provide a plentful supply of water for irrigation In the lower valley for next year. The canal company has finished Its work for the season at Fish luke. Approximately $100,000 has been spent In these Improve ments, which will enable the storage of abundance of water for next sea' son's Irrigation. The canal company completed its concrete intake for the Phoenix ditch last week. About CO per cent of the ditch is completed. The work Is be ing done by contract and will be fin ished by the first of January. The canal will then carry snfficient water for the irrigation of 5,000 acres. Eight teaniB and a crew of men are now employed on the Hopkins extension of the canal from Medford to Willow Springs, a distance of 20 miles. The present force is engaged in staking and otherwise laying out the work. The crew will be materi ally Increased next week, when the preliminary work shall have been done. The company now has 200 men em ployed enlarging the main canal from Lake creek to Bradshaw drop. The main intake, built of concrete and timber, has been completed. As soon as the force shall have finished work on the sixteen and a half miles now under way, it will be moved to the work on the Hopkins extension to Willow Springs, to which point the work will be hurried to completion. The entire system Is being con structed with great care to make If one of the most substantial and per manent irrigation propositions In the west. Unusual care will be taken to husband the water sources to enable the company to deliver the water to users as late In the season as possi ble. The reord of water supply from the Bear creek source for a period of years shows that there will be abundance of water with which to take proper care of the orchards and vineyards commanded by the canals from that watercourse, Insuring also two cuts of alfalfa. THANKSGIVING. We hear a song, a Joyous song "Thanksgiving" Is the theme. It speaks of love from heaven above, And life, which all things ripe doth prove, When viewed in nature's gleam. Our lives are full O, wondrous full! The Christ has blessed us true. Eut hark, the woe, of friend and foe We feel the pain where'er we go A dart for me and you. Find word or deed some loving deed, To change their grief to thanks. There's many a plan 'twixt man and man, If we with opened vision scan, Might end this war's mad pranks. Love Is the word the magic word, Turning all hearts to good; 'Twill drive despair and pain and care, And guard our feet from every snare, If it Is understood. Love Is the key the golden key, Unlocking truth and light. 'Twill give old earth a lack of dearth To all that's good in heaven give for us the right. Love is the link the missing link. Welded by God's own plan. 'Twill bring again this perfect chain, The peace we've sought so long In vain The brotherhood of man. Again a song, a Joyous song "Thanksgiving," sense its Joy! The world around prolongs the sound, And hearts of love catch the re bound Give thanks without alloy. Elizabeth Yockey. Ashland, Ore., Nov. 25, 1915.. Twenty-nine From County at 0. A. C. Jackson county has a better rep resentation at the Oregon Agricul tural College than any other county in southern Oregon. It has twenty nine students enrolled there. Four teen of theee students are from Ash land and three of them are seniors, the only seniors from Jackson coun ty. The Ashland students enrolled as seniors are Eugene Carpenter, agri culture; Charles A. King, electrical engineering; Alvin Wheeler, dairy husbandry.' The juniors are Willis Bailey, Edwin Dunn, both taking ag riculture; Robert Throne, engineer ing. Sophomores are Marlon Hodg 6on and Margaret Patterson, home economics; Dana Frame and Walter Carpenter, agriculture. Freshmen are Kathleen Silver and Madeleine Sliver, home economics; Lnclle Bar ber, special arts. The county students from Medford are George Vilas, junior, commerce; Irene Smith, sophomore, commerce; Katherlne Howells, sophomore, home economics; Kathleen Black, Mildred Black, Mrs. E. Dodge and Mabel Gould, freshmen, home economics; Mike Hanley, freshman, agriculture; Geary Garrett, freshman, special. The Central Point students are Zede Dorrls. sophomore, agriculture; Frances Davlsson, freshman, home economics; John Cowley, freshman, mining; C. F. Vestal, freshman, In dustrial arts; Melvln Ellestod, fresh man, special; Ernest Forbes, fresh man, mechanics. State University Wins from 0. A. C. Advises Buying Four-foot Wood to Perfection Oil Heater AAAAAAAAAAA Personal Qualities in Picking Man for Job "In making a study of the best man to handle a jobor in reassign ing work in business organization-, the following points should be ob served," said E. R. West, the Port land efficiency expert, in his address to the O. A. C. school of commerce: "What does the person now cover? "Whom does his work influence? "How Is he influenced by others and to what extent? "What other work can he cover? "Who else can assume his duties in the organization? "Is he responsive to suggestions? "How does he take criticism? "Is he spasmodic or consistent? "Does he think for himself or de pend on others? "Is he a keen, deliberate thinker, or quick to Jump to conclusions? "Is he overworked? "Has he more than be can handle? "How Is he as to Judgment, tact; accuracy, executive ability?" Stating that he bad received number of complaints recently as the measurement of wood which has been sawed, Deputy State Sealer Weights and Measures Buchtel Salem recently issued a statement advising purchasers of wood to buy it in four-foot lengths whenever pos sible, declaring that this would prove more economical as well as more Bat Isfactory. Purchasers of wood in stove lengths of either 12 or 1 inches should take into consideration that where a cord of wood is or dered with the request that it be sawed, the pile In the short length will contain a less number of cubic feet than originally, due to the fact that the shorter wood packs mor closely, he said. , "After 'many tests conducted by fuel dealers, sealers, and this office shrinkages have been determined as follows," he says: "One cord of the average four-foot fir wood, and such as is being commonly sold today, will measure 116 cubic feet when sawed and replied, the shringage being 12 cubic feet to the cord. Oak, ash and similar crooked wood shrink from 14 to 18 cubic feet, the amount varying according to the nature of the wood Small scrub oak and ash limbs which are quite crooked in the four-foot length will shrink from 16 to 20 cu bic feet to the cord when sawed, and in some cases where the wood in question is extremely crooked, the shrinkage may be even greater than given here." Southern Pacific Reports Dividends Dividends totaling $16,360,464.32 were paid by the Southern Pacific during the year ending June 30, ac cording to its report filed with the Public Service Commission at Salem November 13. The operating rev enues were $97,099,099.10 and the operating expenses $61,652,011.65. The net income was $22,094,253.35, an Increase of $14,432,635.62 over last year. The Ofegon-Washiflgton Railroad Navigation Company also filed its report, showing a net income of $248,381.09, an increase of $138, 037.23 over last year. Operating revenues were $15,444,056.33, and operating expenses $10,057,449.32. ' Johnson the Jeweler for fine watch work. 7-tf Otto Fox, industrial t Phone Job orders to the Tidings. $2 $2 THE YEAR Strictly Id Advance Southern Oregon's Big Twice-a-Week newspaper THE Ashland Tidings The University of Oregon again performed one of the radical dope upsetting stunts of the present foot ball season last Saturday and tri umphed over their old rivals, Oregon Agricultural College, by a 9-0 score. The game was played In a sea ot mud and in a steady downpour of rain. The Aeeles. who defeated the strong Michigan Aggies In the eastl a couple of weeks ago and were ' hailed as one of the strongest teams in the United States, could not over come the old Jinx which has always prevailed when they met Oregon, and, on the other hand, the old Oregon fighting spirit, which has turned many defeats into victories, reached a climax on Saturday last. A carload of football enthusiasts from the Rogue River valley attend ed the game. A blocked kick gave Oregon their first score. Goal was kicked. In the last period an Aggie fumble behind the line enabled the Oregon linesmen to tackle behind the line for a safety. ft Phone Job orders to the Tidings. "A SHINE IN EVERY DROP" Black Silk Stove Polish In different. It (toed not dry out; can be oeod to the lost drop: liquid and pfwte one quality; absolutely no wait; noriuat or dirt. You get voor nwuey'a worth. Black Silk Stove Polish li not only moat eeonomlenl, hot It irivei brilli ant, ailkyluiLra that cannot bo obtniuod with any other pulibh. lilaek Bilk Stove Pulinti dva not rub olf-lt Istta four limn as long aa ordinary polish o it wvm yoa time, work and money. Don't lorvat when yon Wunt stove polish, bo aure to ekfnr Black Silk, lfitian't Vw bort stove polish you ever ujmhI your dealer will refund your money, Elack Silk Store Polish Work, Sterling, Illinois. Use Black Silk Air Drying Iron Enamel on gratea, rvg latere, Mtovv-pipos, and auto mobile tire runs, l'revttnta rusting. Try it. Use Blerk Silk Metal Pol. Ish forailvtrwure,niokel,tin ware or brass. It works qulrkly, ewtily and leavoa a brilliant surface, It hits no equoj for uoe on automotive. Good Work Done Promptly AT THE N.&M. Home Laundry ..1.1. Dl U..lilnllPf ' Bough Dry at Reasonable Price. New Machinery, J. N. NISBET, Mgr. Office and Laundry Jl Water St. TELEPHONE 16S BBS Mill Street, Near City Park Phone 152 Park Garage . MORRIS & LIDSTROM, PROPS. We personally conduct Repair and Lathe work and DO THE WORK. Our Repair facilities are unexcelled, our system complete. Our stock of Auto Supplies is right up to the minute. Prices reduced on Michelin tires July 19th We have these tires in stock, also have Goodrich and Firestone. DE5T Our Vulcanizing Department will please yon. LET US SHOW YOU PARK GARAGE i i