Image provided by: University of Oregon Libraries; Eugene, OR
About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (Aug. 7, 1921)
THE OREGON rSTATESMAN; SALEM OREGON SOKD AY MORNIKG, "AUGUST V 1921 VI Improved Conditions, Better Bond Market, Shown . By MrBramwell INTEREST RATES CUT POTATO PEST ISlDEfl Fill; Statement From Department Covers 287 Depositories , v In Oregon Frank. C. nramweil, state su- nbmltted to the state banking t l-r iftArr: 'rrJiiui,. 1nr,i nnr( .hnwln the eon- 2 5.000,0X0 represent a lirjmd-i- dltion of the 287 banks in Ore gon at the ' close of "business pu June 3ft last,'5; -' . Satisfactory conditions, reduc tion of interest rates in some of the central reserve cities and im provement in the boi:d markel 1 oro noted in ,the report. Many "bank charters havo been applied for since January J, but all bvt one haTe been denied. "In comparison with the re ports of Juno 30, 1920, loans and discounts hare shown a decrease of more than f 32,500,000," says i the report. .-. '.-. ' - . . I ' "Other securities have been liquidated . to the extent of $2. 500,000." or - an aggregate liqui dation of loans and securities in th approximate sum o! $35,000,- icoo. ; ; ' Loans Cat Down ! "There has been a reduction it : loans artd discounts of about $4,- 000,000 since the official call Of April" 28, 1921 and still the as- payable . and .mtUlMtc ..'f. de-Ix-biU, ! representing" borrowed money, kav bMja UqauiatnoV ap proximately $300,000. "Depositi ol'ali cL'trs;? shr.-s- r, ot redaction at 4u,79 "5. fber.e ;'H.:ncl.id;d lji Ah: amount a de'!In3 in United dno1' iS'l poj'til ravinga de;o iti i of Z.f 12.214. 29. VXhi.J toud'tion ind'cilcr cN'r ly th.it the nidation, of loa:; end other tecuritles has been suf ficient to meet the xle l'ne in fJe IMe!tH aiid at Ute same time sub stantially reduce obtigatiena rep nsent'ns borrowed money, tffcieh has bnsn; neco.sary to provido funds for essential requirements. , , "Oh June p, 1320, rediscount, j biibi payable and certificates of I deposits issued for money bor-! I :vert aggregated $13,418,262.23. i ?n . J,une iti tViW1 obiif ! Colorado Bug Capable of. rrctso of approximately $:j,000. 000. 1 Snvlnsii Show Inn-rase "This .represents the d!;char5 of bank obligations in Uie approx 'mate ivutr. fA $3,Q00;19 which .together Villi th llrjuMatiou o: WW DO YOU LIKE MY HOSIERY? SJate Authorities Take Steps j r tor immediate Eradica tion Of Beetle STATE BOARD ACTING Much Damage if Allow ed to Live Here tlon of oLUBtions in the aggre gate sum of $38,000,000 compared with a dt:!ine ia deposits of i.p proximaley $40,CCO,000 or a difference botween the decline in deposits and tho likuidation ot loans, securities and obligations for borrowed money of only $2,- ooo ooo; '?avins8 deposits on June SO, 1921. were $58,785,405.94. On Jane 30, 1920. they were $57, 073,308.28. June 20, 1917, sav ings deporits aggregated $26,76S, 670.76. "This shows an1 increase during the past year of $1,712,097.66 and an increase over June 20, 1917, of more than $32,000,000, or approximately 123 per cent during the live years' period. "On June 30, 1921, the aggre gate inrested capital, surplus and undivided profits was $3o,597r 925.28. On June 30, 1920. .these investments represented $34,765, 914.95 and on June, 20. 1917, they were $29,737,804.12, show- grepate' loans, discounts and .se- In& an Increase of invested cap! (. . -V fk 1 A 1 J I 11 t M curitles, on June 30, 1921, were $50.000, 000 more than those re pbrted June 20, 1917, and $58 000,000 more than were ?hown by the pfflcial reports he close ot business Jane 28, 1918. 'Aggregate resource " of all bank? show a decrease df 451. 000.000 . compared with the re ports on June 20. 1920. While reduction i shows a substan tial decline, aggregate resources are $86,000,000 more than they were on June 20. 1917, $57,000, 000 above those reported Jane 29, 1918, and $13,000,000 greater than the resources reported June 30, 1919. v Deposits Fall Off 1 "Demand deposits show a dc crease or more than $7,600,000 ni nee April '28', 1021; while a.'tu&l reserves have ben maintslned with a loss of $3,500,000 and at the same time, rediscounts. 'bills tal daring the five-year period of $5,860,121.16, or approximately 20 per cent. Defective Flue Causes Loss of Farm Residence STAY TON, Or.. Aug. 6 ( Spe cial to ; the SUtesman) Fife wh'ch destroyed the home of Da vid Acgerter, six miles southeast pf Stayton Wednesday ; evening originated from a detective flu?, and was s beyond control before discovered. The house which was a large frame building had but rer.nntlv been fitted nut with wa- t after . nupatine. . The men doin proved. Most ot tho furnishing 1 this wfirk hare, found a number Ori Friday; June 21 last, Fred V right called at the horticultural ' board office at Portland, bring- jng specimens of Colorado potato beetle, statins tliat they were; found oa potato plants at Bene dictine heights in Portland. Im mediately J. E. Stansbery, state fruit inspector, and Charles N. Walker, Multnomah county fruit inspector, went to the place where the Colorado potato beetles were found. . Upon i making a survey of the infested; district they found that the Colorado potato beetle was confined to several patches of potatoes on nine city blocks located : between the Willamette river on the south and the South ern Pacific car shops on the north h,nd between, .Rhone street and Bush-street on the east and west. Iu making this survey it was as certained that there were seve ral small patches of potatoes in this area infested in 1920. As yet there is no positive informa tion as to how this potato bug was introduced In this area. ' Officials Are Alert. This matter was immediately taken up with the county com missioners of Multnomah county, who were alert to the seriousness of such a crop pest becoming established-In Oregon, and the com missioners have co-operated with the horticultural board in every way to make It possible to eon duct methods of - exterminating the pest. All the gardens, weeds and shrubs' in the infested area Were sprayed' with arsenite of soda, which killed all the insects and vegetable growth. The po tatd patches where these bugs were found, have been gone over every day, since the spraying to pick up any .potato bugs that might emerge from the ground ;Ji . , , w .. r i ... ... t- .... n ! ft; r - ' j zif f " Il-C -- I 1, 'U i vv?sr I. t , E 1 &sySMBsi!!Ma mjg-s3g;it!!a'yl t I BEGIBIER IS IS WEIL PLEASED Wlffl THE BEIiMS f BDM HIS PflyLTRr He Started in a Modest Way, But He May Land in the Class with the Big Breeders of the Country, if He Will Persist and Take the Hard Knocks as Well as the Successes Chee; fully. them,-as lhey . afford TOO cuct pleasure and !ave jaid ed well, tuy friends aijid neighbors have found out whfcre they can always ; get those find large , and . fxesh wiio .egss." ':.S::.-L. , . ; For Ihose vto can aud xhould kep poultry this letter affortls eaiisr for ton; iidrralln. You Tead in it his 'Interest" and .ambition lrtwr rtU 4lAr Iklnln f lofitrf Iftti ' a&nired that what- ular business Is, H is improved and benefited by hl having poultry at his home which adds tho f insist ins tourli of pol- J tcctment with homo to hl3 lite. " rnd w'e fefj ever his - k ' r t rc3 (The fonow'nr i" a o-mt r.li- of all kinds and anrc-yon that (The roi low.n,. a lhwst th? few I can keep on very limited toria! artu !e in t.ie .North si ( HUaMty Poultry Journal, published rrun . lrt K h(l the Statesman bv.ihl in. Saleai: j "Several of sir neighbors are Dnr:i te roarse oi every ye?r j i.hrtwn. uU mu iu in euickeni; ' "' . i unit tW nlc nftfn hrlilff tbe'r tet uiany. very inany. -- - -- . t i - . 1 1. . r 1 . . . -. vvn. 1 fit. itrx'ii ir.ni A u.iiti ,,vi rcics nt25 cents per egg for hatch ing and have ready sale for all spare cockerels and pellets at very satis factory pricep. Th ia condi tion bar. piven birh to the hopn that roTif day I may be so located we Delating to Dors)!;al or stibrcriLra- with pou'.ry. mui could form the basis of sev h-.shlv in.pL-ed poultry article:; that should be of great ir.to.-est to the beginners and to the? who contemplate poultry production t.n titter :i r,inaJi or a l-re bC3- The larter breeder has his i as to 1rccd more extensively i was saved. Mr. Aegerter carried $1000 insurance on on the bnlld- that have come out of the ground and started to feed upon the new shoots of potato vines. An extra 'tt -4 . v - : ;".'. '" r.' (Old White Corner 'Building) - i l Salem's Greatest Women's Apparel Store . ! : Remarkable Sale of Waists and Blouses Five hundred new and pretty Waists and Blouses; this season's models, including a jnahufacturer's sample line and three special frroups just received direct from New York, purchased lor this sale, also many pretty 'models, selected from regular stock away below usual prices. ; - Group' .1 Blouses $2J5 I Mlnonetto and .Tricolotte Blouses, j charming ,. styles, colors anil designs in ticback models, i Made with round neck aiidT short sleeves, sizes 34 to 4C,. Sale rice . 1 j $2.75 Group 2 -Waists $3.75 .This group Includes ., Ton-.' - gees, Trlcolette, Crepe d Chine. Georgette. .Tulle silk, aud, Mlnonette waists and : blouses, values up to $5.50. Sale Price $3.75 Group 3 Waists - $4.75 Remarkable values in Geor gette, Crepo de Chine, Trico lctte and Taffeta Silk waists, in new and pretty de signs. Long and short sleeve models, round, square and V shape necks, values up to $9.50. Sale price. $4.75 j , KHAKI OUTING TOGS 1 The ideal outfit for Misscsand Women's Outing Wear., Ours is conceded to be th largest and most complete stock of MisscV-and.Wojnen's Outing Apparel in Sa lem. Everything needed for that trip, Suits, Coats, Drpsses, Skirts, Shirts, Middies, Knee Isrccchcs, lints. Leggings, etc., away ooiow actual values , . ' s, T , , , - 1 -.4 '1 I'.- ' ; -V. ' . Khaki Suits, special .'.fl-TO Khaki Coats, full lenrth ."tir.4JBO Khaki jShort Coats, special . U . . . . . S.08 Khakt j Skirts, all sixes, special . , .". ". '.' 3.3 Khaki ICoveralls, all sizes, special . ; .'.'. I ... ' j - v Khaki Coveralls (sleeveless) special. .$2.48 Khaki Dresses (one ftiece) special . .' 3.9.1 Khaki Middies, all sizes, special....... 2.50 Khaki Breeches, fall cnt special ... . . . Khaki Outing Hats, special 1.-5 SPORT SKIRTS Great Variety ef Misses and womca's all c 7 wool Sport ; tiklrtsi plaids and '. stripes prevailing. $9 to $10.50. , Sale price. $6.95 SWEATERS Shetland WqoI Knit Sweat- ersr' various colors and de- ; signs: haye them in all siz-( c. $8 and $3.50 valuca. Sale price, - , $2.48' BLOUSES $1.95 Big lot Trlcolette and ; Mln onette Blouses,, prevailing colors and Isc3 $3.75 yal ncs. Sale price $135 How do yon like my hosiery? MWs Dorothy Jardon speaking. U yon please. A member of the Chicago' Grand Opera Company, who is going to spend her vacation in Europe. The photograph was taken on board the Olympic. j inspector has been employed to scout all the territory in that vicinity looking for any othr in festation. Karly Killing Desirable. The purpose of this work is to exterminate the Colorado potato beetle this season while it is within such small confines and not to do it in any haphazard way. The Colorado potato beetle is native of a strip of country that lies just east of tho Rocky moun tain range and includes eastern Colorado. In its native state tha beetle lives upon the wild weeds of the potato family. The chief of these is the Buffalo bur, but the beetle is quite a general feed er on plants of this group includ ing not only potatoes, but toma Ves, egg plant, tobacco and pep per. Where, this beetle has be come established it has added greatly to the cost of producing potatoes, as they have to be spray ed with some poisonous spray to hold them in check. . The developed beetle has wings and can fly, and thus has a bet ter mode of transportation than by crawling. Co-Operallon Needed. The horticultural board re quests ail persons to report to U, who find feeding on potato vines any beetles which are oval in shape, about three-eighths of an inch in length and a trifle nar rower than long, ground Color be ing yellow and the wings marked by 10 black lines, running length wise. Such Information will enable the inspectors to get quick action on any other Infestation and probably save to the state of Ore gon, and its future generations many hundreds of thousands of dollars, which would be an added expense to the production of potatoes. The office of the state board of horticulture is room 150, eourt house. Portland. ! the spot have returned here with an account t' a vein 60 feet wide wherein free p,oid is freely seen. Until it ir stripped, they declare, however, it is passible only to ap approximate th4 value and ton nage. Other prospector? who visited the region following the report of the strike lefclare that a min eral body 40 wide andtracel for 3i)0 feet in length has been uncovered, throughout which free cold is heavllyi deposited. One j prospector had two pound3 of ore i of which' the gold content was es timated at not-less than 2 per cent. (The? samples are consid ered the richest ever brought here. . Another slrikb, the exact loca tion ot which is vague, also has thrown Peac? river into the throes of gold fever. The cause of the excitement was ithe recent arrival of a party vhoj investigated a claim which furnished an old In dian trapper, about 70 miles northeast of here with a number of small nuggets. EDMONTON,! Alta.: July 7. A geological party has left Ed monton for the northwest tern tories to melee ; a thorough exam ination of the structural forma tions of the north in the interest of a big syndicate representing Hr'.tish, Canadian, American and European capital. Th-j rervicpsiof a topograpner, surveyor and the necessary assist ants to carry but a schedule o' research work which has been mapped- out bnve been secured but no details; ara available re gardine tha destination of the party. i Dr. J. J. O'Neill, well known geologist, who? recently returned to Canada from Burma, accom panied the party. Dlan and his efforts and success re always followed with keen in terest and a greater hope for his : advancement. But. we can t ati i be great breeders with unlimited ! acres and thousands of birds, for ! circumstances help to form and io regulate f.ie place and position in which we find ourselves, con sequently the great majority or breeders are the so-called speclal- y or backyard 'breeders, many of whom have some handicap to overcome, hut whose love ana m- erest in standard-bred poultry scores one hundred points tne year round. Before us we have a letter of the kind above referred to from which we will copy below a few paragraphs as -written, for the benefit of others. This Is no un usual case, but is very similar to the experience of thousands of other breeders who have simply tried and who have made the best of their opportunities. Our read er writes in part, as follows: In th spring of 1920 I bought 4 0 Sin?le Comb Black Minorca baby chicks, raised 36 of them or which 22 were pullets that grew well and at about six months of re were laying so regularly that from December 1. 1920, to June 1, 1921, they averaged a fraction ever i:j eggs per day for the six n.onths, which was doing extra line in my opinion. I saved but the three best roosters and this spring bred from the best' one mated to five of the best females and now have a choice flock of 68 young sters hatched from 79 eggs set. "These young are incubator hatched April 9, as I haven't tbe time or space to care for setting hen3 while I now have the ad vantage of having them all of the cne age and size. Am giving them good care and they are doing nice. ly and, show, I believe, improve ment in quality, I will buy a cockerel later for new blood and improvement and I am now also aiming to show a few birds at our local show in December and will very likely also exhibit at a na tional show, for I wish to compare them with what the other fellows have. I am in love with fine stock "Will write yen. again and hope I can report progress and some winnings. This season I expect to keep over at least 12 of the jearlings and about 30 of the pul- MAY BE AMBASSADOR. STRIKES ii inn Rush of Prospectors Tem porarily Relieves Excite ment Over Oil IS THE TAS, Man., July 7. Gold fever has temporarily displaced excitement here incident to . ths rush to the oil fields, and ' pros-pec-tors are leaving daily for Che scene of the reported rich min eral strike. Reports of ore bodies rich Jn gold content, hating been uncov ered come trom 'several sections, but the richest is reported at El bow lake in the Athapapuskow lake mineral area ani e?st or the famous Gordon dyke, discovered last summer. Elbow lake U about 200 miles northeast of The Pas. Mining nun who have, visited J. V Fv,- iv5' 'A t -r - v Am ANNOUI&EMENT ; We' wish I to arnounce to the Salem public the opening of a first class Ifiano and Phonograph establishmeht In the "Basement Room" of ijhe Misonie Building. Wo " will bavo a complete line 1 of Sherman! Clay Company's plan- os at all times. Also phonographs and Jtccords. You areord'ally invited to call at any- iimse ior demonstration of . t th "U'nnerfnl rinft Art rl- I ! phonogrjtphs Mid records. ' Take either stairway or elector, MOQRE-ptlNN Music Company-. Hurley LJ Moore C. E. Dunn Mrs !1 "1 .i i jwnrstcy, tocai manager Adv. The Aagqra cabinet . has ye- lets. Wirh I could keep all of signed. Somebody's got its goat " New Things in Ladies9 mm Just arrived Lace and Organdie Collars and Collar and Cuff sets. Vestings by the yard. These collars put just the proper finish to your jacket, sweater or dress and you'll find them very inexpensive. Collars 65c, 75c a nd $1.19 ' " . . ;'.. ' j; - . .. Our Prices Aways t1e Lowest 1 GALE & CO. Commercial and Court Streets -4 1 I 1 s t T1 M A new portrait of R. B. Crea ger, Brownaville, Texas, lawyer and a noted political leader, who has been prominently mentioned for an ambassadorship. It was he who seconded the nomination of Warren G. 'Harding for the Presidency. STAYTON BRIEFS AND PERSONALS STAYTON, Or., Aug. 6. Mrs. U IT. Davis and daughter Golda,, of North Santiam spent the day in Stayton Friday. Mrs. Kenneth Thomas Is enjoy ing a viiit from her sifter. Miss Ollie Braden, who came over from Aumsville Friday to stay over the week-end. Mrs. Peter P.urgharj. and sev eral children of Shaw were shop ping with Stayton merchants Fri day. r -" - ' Chri3 Gicbler came into Stay tottiFrjday from his farm in' tho hills cast of Sublimity to do his harvest Rboppine. ' " MJsa Edna Holder, who was one of the teachera in the Stay ton school last year, came over from Salem Fyiday for a week end visit at -the farm home of G. M. Finlcy. near Stayton. ' Miss June Kearns left Saturday morning for Seattle for a few j . day's visit -ith friends in the Sound city. Hal Sheltofci. junior member of the firm of Dal sieger & Shrlton, of Lyons, with his wife transact ed .business iju Stayton Friday. Mrs. J. wj' Miller, wife of Linn co;,nty's Echool superintendent, and his mother of Sheiburn cami over Wednesday for a day's visit with Mrs. Martin and her daifh ler. Mrs. Kate "Kramer. Mrs. Martin and Mrs. Miller senior ara Bisters. Joseph Il.iKlccker and wife of Portland arrived in. Stay ton Wed nesday and are guests at the hoine of Mf. Klecker's parents. Mr: and Mrs I5ern?jd. Kleoker. Mrs. C A Fryer hnd rfaugbter Janet, who have been visiting1 in Stayton the past week, left for thwir summer hme in Portland Thursday horning. Mrs. J. It. Gardner,".Mrs. Fryers mother, ac compani'cd 4 them home for- a week's visit; ' ' ' -V. A B onday Will BV ' !' ANNIR'BAY Caused By Many Happy And Surprising Reasons A LUCKY PURCHASE vsi -v. "' . - ' SALE We announce the arrivals of many sensational and luck) purchases Jhat was materialized by our buyers at the recent Wholesalers ers' convention that was held in Seattle July 25 to 30. and Retail Buy- Many Wonderful Lucky Purchases Are Now on Display .A,' . High Grade Dress Voiles Ah exceptional large lot of fine quality, dark col ors, silk stripe dress Voiles, in many novel and colorful patterns; former value to $1.25, now on sale 39c Yard Special Lot Fine Bathing Suits In cotton and mercerized knit materials, for La dies and Men ; the new long skirts, and side laced leg for the Ladies, trimmed in colors ; val ues to $2, on sale 98c Ladies' Fall Sport : Sweaters ,-. The new ones are just in and v priced below their real valif e ; the many new styles a-e here for your selection the color ef fects ae very pleasing and desirable, $5.00 val ues on &de' 1 47 inch Heavy Oil Cloth, 45c Value, on sale, per yard. .29c SHOP WHERE THE CROWDS BUY All articles advertised previously Jor Monday selling may bei had at the low prices quoted. See yesterday's papers for the many low price offerings. I, 1 1