The Monmouth herald., July 16, 1920, Image 6

Maud and Mary Rice and Thyra
Staats wore relieved of their tonsils
in Suleni Friday,
We run free delivery to Mon
mouth for all goods purchased from
us. Moore & Addison, Independence.
MEMORIES
No. 10,071
REPORT OF THE CONDITION OF THE
First National Bank
At Monmouth, in the State of Oregon, at the close of business,
on June 30, 1920.
RESOl'KCES
1. laans and discount, including rediscount, (except ahowninb&c) 02,883
2. Ovcnliafta, secured ; unsecured $801.951 801.95
S. I . liovtrnmcnt Securities Owned;
a Deposited to secure circulation (U. S. bonds par value) 15,000.00
Owned and unpledged 26,897.00
h War Savings Certificates and Thrift Stamps Actually Owned 33.18
Total U. S. Government Securitiea 41,930.18
t Other Bonds, Securities etc.
Securities other than U. S. bonds, (not including
stocks) owned unpledged 71', 754.94
Total bonds, securities, etc. other than U. S 70,754.94
7. Stocks, other than Federal Reserve Bank Stock 60.00
8. Stock of Federal Kcserve bank (50 per cent cf subscription) . . ... 1,200.00
9. a Value of banking house owned and unencumbered 8,500.00
10. Furniture and fixings 3,000.00
11. Real estate owned other than bar.kitig house 1,600.00
12. Lawful reserve with Federal Reserve Bank ! 29,011.28
14. Cash in vauit and net amounts due from national banks 90,538.83
15. Net amounts die from ba;iks, bankers and trust com
panies, other than included in Items.12, 13 or 14 6.9S1.48
Total of items 13, It, 15, 16, and 17 97,520.31
IS Checks on banks located outside of city or town of reporting
bank and other cash items 341.93
19. Redemption fund with U. S. Treasurer and due from
U. S. Treasurer 750.00
20. Interest earned but not Collected, (approximate) on Notes
and Bill Receivable not past due. . . ; 865.00
Total ....$40X219.42
LIABILITIES.
22. Capital stock paid in : ! $ 30,000.00
23. ' Surplus fund , . 10,000.00
24. a Undivided profita 13,934,87
b Less current expenses, Interest and taxes paid . . ' 13,934.87
25. Interest and discount collected or credited, in advance of
maturity and not earned (approximate) 1,075.00
28. Circulating notes outstanding 15,000.00
33. Cashier's checks on own bank outstanding .'. 60.65
Total of Items 30, 31, 82 and 33 60.65
Demand deposits: (other than bank deposits) subject to reserve
(deposits payable within 30 days)
84. Individual deposita subject to check 315,320.48
85. Certificates of deposit due in less than 30 days (other than for
moneyborrowed) , 14.611.64
35 Dividends Unpaid .' ' 1,505.00
Total of demand deposits (other than bank deposita) subject
to reserve, Items 36, 37, 38, 39, 40, and 41 331.437.12
Time deposits subject to Reserve (payable after 30 days,
or subject to 30 days or more notice, and postal savings) :
40. Certificates of deposit (other than for money burrowed) 57,711.78
Total J4MT219T2
53. Of the total loans and discounts shown above, the amount on which interest
and discount was charged at rates in excess of those permitted by law
(Sec. 5197, Rev. Stat) (exclusive of notes upon which total charge not to
exceed 50 cents was made) was $ None. The numberof such loans was none.
State of Orepron, )
County of Polk, (
I, E. L. Kilen, Cashier of the above-named bank, do solemnly swear that
the above statement is true to the best of my knowledge and belief.
E. L. KILEN, Cashier
Subscribed and sworn to before me this 8th day of July, 1920.
, WALTER G. BROWN,
Notary Public.
My commission expires September 22, 1920.
CORRECT-Attest
IraC Powell )
J. B. V.Butler I Directors,
Wh. Riddell
S3
The New Electric Shoe Shop .
on C Street, Independence
Shoe Work neatly done with .
FirsT: Class Machinery . '
Shoe Laces and Shoe Polish of all kinds.
Ladies rest room in connection.
R. E. Hereford, Proprietor
Tictures always recall happy
hours and dear friends. Snap
shots today may mean prized
pictures in years to come. .
New delivery of cameras,
films tni photographic equip
ment just received.
, V
Perkins' Pharmacy
If we haven't got it
we'll get it. Askm.
Mrs. E. A. LaDow of Falls City
came Friday to spend the week with
her sister, Mrs. Sarah Hager.
We have a splendid line of floor
coverings for any room in your
house. Moore & Addison, Indepen
dence.
Our Bargain Column
Attention
Growers of Seedling Cherries
Your children or othersjean make
good money picking the fruit
seedling: trees, that is unfit
market or cannery, just jumble
them into a box and shin to ui
We extract the seed for propogat
mg purposes. Address
Oregon Nursery Company
Orenco, Oregon
The famous' Waterhouse cherrim
are now ripe and I am going to sell
them at 5 cents a pound on the tree
or will pick and deliver at 8 cents
G. T. Boothby
For Sale--100 ricks, 16 inch block
fir wood. $3 the rick delivered or
$2.25 on place. C. W. Orsbom
Route 1, Monmouth. 3t
Because of the burning of our
Dallas mill and our inability to get
a supply elsewhere, we have been
compelled to cancel all orders for
wood now on file in our office.
Monmouth Lumber Company
WORK WANTED My Fordson
tractor and 1 are at your service,
tall on W. M. Harvey.
See our Duraline, an economical
j noor covering. Many patterns to
cnoose from. 85c a so. vd
I Stevens & Co., Independence
i FOR SALE: Duroc sow. weight
,ouu pounds, to pig August
m a .
; tiiester wmie ooar .regis
tered, uiae. ursborn, Antioch
district.
The Monmouth Cooperative Ship
ping nssuciaiion win save farmer g
money in the sale of livestock. Ship
with us and cut out middleman's
profit. II you have stock to shio
iiuiujf . i. otocKnoim, Mgr.
Buy Your Groceries in
Quantities
Wise management means saving, and here is an opportunity
to save. Buy in bigger quantities. We can sell for less when
you buy in dozen or case lots. There will be a saving in your
expenses if you will adopt the system of quantity buying for
your requirements. The thrifty .housewife knows that a well
stocked pantry is always an economy and a keen satisfaction
when preparing the meal. Ask for quantity prices on staple
groceries and note the swing.
Miller Mercantile Company
Seven popular Stores: ,
Monmouth, Salem, Newberg, Yamhill, McMinnvilla, Sheridan an J Daytoa
A C CI DENT?
Was it an accident years ago when
Henry Ford created a, car which by
leaps and bounds raced - past all com
petitors and has since stood 'supreme
, m efficiency and service?
Was it an accident that this car pio
neered in numerous unknown feat
x ures? Was it an accident that into the
HIDDEN parts of Henry Ford's car
went only the BEST the WORLD OF
FERED in metals Properly heat treat'
ed and machined with an accuracy
before unknown?
Was all this an accident?
Emphatically No
Is it an accident that to back this cat
there has been created the world's
greatest automobile service aggregation?
Again! Was it an accident that oth
er manufacturers soon copied Henry.
Ford's 4-cylinder cast enblock type of
motor, his oiling system, his light type
of construction, his left hand drive
and recently his spring , construction?
No, not an accident. It was necessary
for their advancement.
At first they laughed, then they copied.
And each manufacturer's mimicking
move sounded loud and far in praise
, of the Efficient Ford. They copied in
outward appearance but were not
willing to make the sacrifices neces
sary to put quality in the vital parts
of their car or try to back their pro
ducts with a similar system of Uni
versal service.
Was it an accident when Henry Ford
created the
Fordson
tractor which last year was bought
by nine out of every ten tractor buy
ers? No. Is it an accident that it too is
being copied, copied in colors but not
' quality of metals and construction in
the hidden parts.
With Its complete enclosure and Its water
air wash the Fordson's protection is com
plete from the cut and grind of dirt and sand.
The Fordson Stands Supreme f V, '
. But You should order
Your Fall Fordson Now r i
ACE GARAGE, Independence, Oro.
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