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About The Monmouth herald. (Monmouth, Or.) 1908-1969 | View Entire Issue (April 13, 1923)
* The H erald JJunclirttcs Something Good to Elat <£nt«rttl &s ¡wscona-claaa m atter Septem ljer9, liiU , n the poat uJHew at Monmouth. Ore-^on. under the Ac t .i# March 3. W7S Som ething m a d e o f g o o d flour, g ood milk, o f g o o d n o u r ishing c o m p r e s s e d yeast, o f g o o d shortening. K IC H A K D B. SW E N S O N Editor & Publisher MONMOUTH, OREGON FRIDAY. APR] Subscription Fate* A U T O CA 9T C Ü W h a t could it be but bread; the p e r fect food? T h e r e is no f o o d on ear th so t e m p t in g w h en it’ s really pure and w h o l e s o m e LISTENING What better title could be found for au article than the word, L IS TENING. Very often you see tha sign. “ Slop, Look, Listen.” .We ask yon to change the words, “ Tune in. Cease to listen to the world's bab blings. Listen to the music of the choir. Listen to the sermon from God's pulpit Listen to the gosi>«!l of Jesus Christ." i Through the courtesy of tha A l TOC A ST L it newspaper service, and the far-sightedness of John lVrry, the writer is able to speak to thousands of readers through the thousands of papers that use this crvloe. Perhaps no letter service can !e found In America. It Is In valuable. not only to the small ■•npora throughout the country, but Iso to the larg«T papers. Let mo urge you and your readers to listen to the radio service which Is broadcasted from mjr pulpit every •Sunday. Remember the difference In time. Those of you on the Pacific Coast will use Pacific time; in the 'uountatu section, there Is a differ- •nco of two hours In tim e; In the middle west, there Is a difference of two hours In time; In the Eastern section there Is three hours differ ence. Letters are coming to 11s from all over the Pnited Staten— from the lakes In Maine, from the frozen regions o f Canada, from the balmy lands of the South. *Trom tfie.beau tiful plains of California, from the fielda of Mexico, from the star- lighted lands o f Texas, telling us of the good we are doing and the benefits they are receiving. Why shouldn't you listen? We begin broadcasting every Sun day morning at eleven o’clock Tune your Instruments and let us apeak to you. Praise Mr. Perry and cooperate with him In this great service that tho gospel may go out in the waves of the air, and that the great doc trines of constitutional government,! and the gi «pel of Jesus Christ may hfi hoard ihrouftiw t A fPftfjA~ - * like Genuine Butternut and Holsum Bread CHERRY CITY B A K IN G CO.. Salem. Ore. S Y N O P S IS OF T H E A N N U A L S T A T E M E N T O P TH E U R B A I N E F IR E I N S U R A N C E CO. o f I ’arla. In the It, public of fr a n c * on the thirty first day o f December. W L mud.- to the Ineurunce ('.¡mmlaltuner o f the State o f Oregon, pursuant to law t C A P IT A L Amount o f depoelt capital ..................... • S t itt s IN C O M E . N et premium* received rfitr’nir the year JJ.aM.70i.9l interact, dividends arul r,.it* rcceivsd durti.g the year J0J.JII.S9 income from utlrar aourcaa received during the year . 1J.JS7.JI U.1JVJJJ M DISI1U R « EME N TS N et IA*, •« iwld during the year Includingeadjuatment eapencea Dividends paid on capital stock during thr year Commiaelona anil salaries iwld during the year T a te*, licenses and faea paid during the year Amount o f all other eipendltu rc* ........... ... — Total JJ.JJJ.JJ4.AJ i . 1JT0.M4.70 J4.700.A7 Sit.081 JO 14.117 JOI M eipendlturaa ASSETS Value o f real estate owned (m arket value) — ------ Value cf atneka and bond* «ivened (m arket value! 1 .cine on m ortgages and collateral etc - — Cash In banka and on hand I'ramluma in euurao o f collection w ritten ainee September SO, •m Interest and rants due and accrued Reinsurance recoverable on paid loeaae . ------ —~ Total admitted assets t J I 4.9M.IJJ M 144.703 J1 JI7.SJ7.J7 J0.J07 10 J4.717.OJ J0.AJJ.MJ.J4 . L IA B IL IT IE S Oram claims fo r leases unpaid Amount o f unearned premiums on all outstanding risks l>u* fo r e.-mmlesloa sad brokerage — ------------ -----—— A ll other I labilities ------—------- _ — - . .....—— J J7I.JJJ.0J SJ01..J40 A4 11.000 00 JJ.tJJ Al J4.J M .U J .lt Total liablltttea. earleiaive ef surplus ml H U I I M JO B U S IN E S S IN OREGON PO R T H R T E A R N et premium* received during the year lowers M i l luring the year I .wee* Incurred during the year U R B A IN E F IR E IN S U R A N C E CO. fe e d a. J mnee & Co.. U. 8 Managers Statutory resident a ttirn sy fo r aerrles i loeu rsore t emmleeiei I _ One year - Six ts.onths - - SI.00 Three months - • 75 cts would be. Lots of things mlg.i • accomplished that are now left . done, but we'd miss that !r 1 contact that seems to make whole world kin. And it Isn't . j that nothing has been *r.:J of 1. lag value. There ure three everlast ing wort’ s that stand ns the font a- tion of human happiness and .V , opment Love one nnotlu r. > don't re 1 to talk a great dcul *2 we say sj.ueihiug. Contains No Alum— Leaves No Bitter Taste r First National Bank A t M o n m o u t h , in th e S ta te o f O r e g o n , a t t h e c l o s e o f b u s in e s s . on A p r i l 3, 1923. R E SO U RC ES I. Loan* »ml discount*, including r „'discounts, (except shown in b Jk c) $164.620 17 X. Overdraft*, »«cured none; unsecured (683.46 ....................... 683.46 4. U. .V. Governm ent Securities Owned; a Deposited to secure circulstion (U . S. bonds par value) 15,000.00 0 AH other United States Government Securities ............. 9,900.00 Total U. 8 . Government Securities........................ 24.900.00 5 Other Honda. Stocks, Securities etc...... ....................... ............ 77,832.30 6. Hankins house $22,449.65; Furniture and fixtures 96.402.39 .......... 28,852.04 8. law fu l reserve with Federaj Reserve Bank ................................. 17,221.10 16. Cash In vault and amount due from national banka..................... 88.784 56 II. Amounts due from State banka, bankers and trust com panies. other than included'in Items 8. 9 or 10................ 8,315.17 Total o f items 9. 10. 11, 12. ami 13............................ 42.n99.78 14 4 J Checks on banks liH-ated outside o f city or town o f re|>»rting bank ............................................... none 134.95 h Miscellaneous cash items........................... 134.95 15. Italcmption fund with U, S. Treasurer and due from 750. (Hi U. S. Treasurer........................ .......................... 16. Other arseta, if any.................................. ............................. none Total...................................................................... 357, DM. 75 L A U 6 H A N D T H E W ORLD LAU6HÇ W IT H Y O U - N E V E R L A U G H AND TH E W O R LD L A U v D iû AT Y O U - -H ( / 'f t ' ... i~ * F .T a - i L IA B IL IT IE S . Notary Public My comm is*ion expires April 7. 1926. CoJUtacT—Attest J . B . V . B i t i . e e W e R id d e l l 1 Is a ' C . 1*0W E L L W hile the New York slickers are busy trying to steal a few hundred thousand dollars from one another calling the accom plishment a daj of good business, while the Broadway lounge lizards are cluttering the streets of our citifis and boring us with their silly chatter, the great American farmer conies along with a production o f goods worth $14,310,200,000 for the year 1922. When one thinks of this accomplishment in terms of service to America, everything else venishes from view. The crops harvested during the year were worth $8,961.(7)0,- 000, while the value of farm animals and animal products footed u p to $5,349,200,000. The outlook for 1923 is even brighter. The spending power of country America almost staggers the imagination even as it is, and with a steady growth in sight. The year 1922 shows an increase of nearly $2,000,000,000 over 1921. W h at the increase for 1923 will be is speculative. Texas led all the states in 1922 in the value of farm crops and animals, footing up to a value of $1.001,500,000. Iowa came second, and Illinois third. It is the farmer and the demands of the farmer that keep the manufactories of the East busy and hold labor at its task. H ow important it is that each should understand the problems and ambitions o f the other, the farmer and the bricklayer, the mill worker and the farm hand— the real men of America, the sustainers o f American life. The Right Dempsey May Have to Quiet 17. Capital stock paid i n ............................................ ........................39,0tN>.On 18. Surplus fund.................................................................................. 15.lMI.tK' 19. Undivided profits .................................. 9,837.12 « Reserved for interest and taxes accrue«) none 9.837.12 5.IW4. >1 4- I a -. s * current expenses, interest ami taxes p ml .. 4,832.61 . T . fir « ul.limit notes outstanding .................................................... 278.71 23. t'a.,liter's checks outstanding.................................................... Total of Items 21 22. 23, 24. ami 25 .......... 278.71 Demand deposits! (other than bank deposits) subject to reserve (de|>osits payable within 90 days) 26. Individual deposits subject to cheek.......................................... 175,847.48 27. Certificates o f deposit due in less than 30 days (other than for money borrowed)............... ............... ....................... . I 7 .0 0 0 .0 0 28. Stattv. county, or other municipal deposits secured by pledge of assets o f this bank or otherwise.................................. 15 ,8 6 1 .0 6 10 Dividends Unpaid .......................... .............................. ............ none Total of demand deposit* (other than bank deposits) subject to reserve. Items 26. 27. 28. 29. 30 ami 31.............. 196.698.53 1 ime deposits subject to Reserve (payable after 30 days, nr subject to 30 days or more notice, ami i oats I savings); 32. Certificates o f deposit (other than for money borrow ed)............... » 900 52 34. Other time deposits....................................................................... 33.711 48 Total of time deposits, subject to Reserve. Items 32. 33, 34 and 35 ..................... 9 3 .fil2 .0 0 45 Liabilities other than those above stated ............... .. none T o ta l.......................................... 3 57.U93.75' State of O re ^ c^ County sluve-named bank, do solemnly swear that 1 . F L. » ham be.». Cashier o f the 1 aloer-na the abo ■ «gaiement is true to the best o f my k n o w ledge and belief. F. E. CHAMBERS. Cashier Subs« rtbed and iw om to before me this 9th «lay o f April. 1923. (S e a l ) H OW ARD W. M O RLAN. When Luis Angel Klrpo. Argentine Tiger Man. knocked Bill r>rennan cold in twelve rounds (the same numler it took Dempsey) at New York last week. South America made its first serious lid to fistic tltlcsL This big dark man without a smile weighs 210 pounds and proved his fighting heart wheu he took all Brennan could shoot at him anj still had a mighty knockout wallop left. I f Flri>o comes through a sum- Sier campaign with a record In keeping with his defeat of Brennan, u match with Dempsey for the title will likely le staged In the fall-—tf .lo t in America, thou at Buenos Ayres. S. A. _______________ S Y N O P S IS o r IN S U R A N C E CO oem & C A P IT A L •# cfipMfil •«•rk *P U99.999J9 INCOME N et premium* Purina tkr yemr ln W n t. .H»klrn«U mnd nrfktB rw«wi%rw4 .lu in « « » • lT.AkV.19 S14f.ilt.6l T -to l t o r o s * DISH V E S E 'i ENTS N r « 1---- r posti A u rin« thr jrror taet*d«n * L u «tn **o t D t-M m da poxl ropitol stark du riti« the jrror Su:.OA i 19.90F m o».7*3 m 14.1^ • T o se«. I Wooer* an.1 toas i-okl duriti« the y -»r Aaoooot uf oU u*hor rsiw ndltorrs 11.141 M ÌM .HIU T otal r » «00 4tlo .ro ASSETS V o i JO e f reel eoU te a s a r i s o rto .loot V olvo <4 -Sark- aeri Worts o o o rd n rsrk I r s io e l t o o o s *n to.'t * o o i . ’ •*♦-« I. r<> ■ V*;'-. 9 **,7 * T h R p o ; s ..« Other Aesrts I 9 719 *73 *+ , i. . IJ A P li IT. Rî* I Si. «M Si W..MI 93 •il «btaRtliRc rWu 9 1X99999 —o..... ■■■■ _ Ineurr-v'Ml l .-'l V 3 «F h ^ lJ C lH 'S l \ N -A M ] M C A M (V b H r.wto PrmMimt Mathb i j mtJral •tU>ru«| fut j D in c m r A r L lA iA a T CHAT , " e ,ov* Peasant faecn. when we haunt the pleasant nooks; we sing of pleasant wim- min, a n ’ discourse on pleasant looks, a plea>- * "♦ ;s! fnn ?« ex>\ tb irg to ... u. b " l * nntdera p., n'„. it* D '« f A r . 4 * - ' * Tote! odoalltad oeaets . Among the wor«ls I know of. which is fitted to deserilw the highest class enjoyments of the super-social tribe.— there's one that ranks superlative, a n ’ suits my fancy best — the little won! is “ pleasant,” which I reckon you have guc*ar«1. Vt o tte doe s - 4 or .-* 4 Graos rloins* ta f Irò ira «8 Aaoooot of oooo-ned prosomnao Dos fo r rosostsa-k-o and h n A r A S a «her ItoMIttaoa UNCLE JOHN %■'■"'** *1 I mk « « from .<U mt iwirw* rmi»fJ Jur •« I**« pa Ml (FtriBk tW »mr i E very mile of good roads laid by states, counties, towns and villages has a hearing on the nation's business so fa r reaching that it would puzzle the mind to follow it to its logical con clusion. O f course, the natural tendency is to look at the bene fits that come nearest and soonest to hand, benefits which are indisputable, providing unwise financing of such improvements does not more than offset the good that is bound to be gained. Reports from ‘all over the country show that interurban freighting is on the increase due to good road building, particu larly where the terminal facilities o f railroads are congested. This means more motor trucks, more men at work, more money carne«!, and a consequent greater spending power. H aulage of farm products to shipping stations spells more business for the farm er, and W fte r still makes his marketing more elastic. The effect is also seen in the great increase of bus transpor tation in districts where the street car has not shown it* nose ns yet. bringing business into the small towns. Trade is rapidly increasing, particularly where the merchant has vision to send his message to the outlying districts through the local press. America today is on the eve of a development in motor trucks, omnibuses, and large and small farm tractors that in point of volume will surpass the development of the railroads. ^ome of the railroad men view- the situation with s certain f ,:ng of alarm, but there is nothing to fear. Tt is the s a m e fcveifnl speetre that haunted the mind of the printer when the t' -■ " i n g machine came into being. W here one man was at v ir k under ti c old system there arc fifty at work to«lay. Ness Turk. In rhs State o f N ew Y ct * an A s th ir ty -f i t .1»» ,-f Draemher, inti. m«.W to the iM s r s s s t C n s n i o L ’ W at the Stole M Orosrnn, pursuant Total RohJHttro. seriosa-* o f -0*4t .t stork ■ L S I Y Y M IN O EE SO N f O S T H E Y E k R r«'w F n l 4 v rin t Uw yrmr N*< v»t D ir e c t o r s . On W ith the Motor Power THE A N N U A L S T A T E M E N T O F TH E C A L E D O N I A N A M E R IC A N A «# »! W W W VW YH I pulpits are our work clothes. Each o f u* live some klr«d o f a sermon every day- Oui O u How About $14,310,200,000 NCE we knew a man In fap away India who for more than thirty years had not spoken to a hu man soul. Ills last words were that It was better to think and do things than to waste time talking; more over he t<elleved nobody ever had said anything of lasting value. It would be a strange world if all of ua Juat shut up and talked through our actions. Gee, how lonely it REPORT OF THE CONDITION OF THE Read the ingredient clause on the label and decide for yourself, M ade from Cream o f Tartar derived from grapes S a le m . O r a Reserve District No. 12 W ill the baking powder you use stand this test ? ËlaldiM âdâ P o w i f ' ÍH O M E Y P H IL O S O P H Y 7J.M0M M .JJIÍ0 I0J.7JJ 7J You would not hesitate to use any one of them by itself. ¿2,60 O Charter No. 10071 Each and every ingredient in Royal.Baking Powder is wholesome. 133UEÔ EVERY FRIDAY A Pure Food Product Total Income Stop a Minute! — UM t lA lU T *•_£ 1 1 CO. 06S.9V9 SI 9 t Ü1 17 • ‘ ' ‘«'-I' a .'itor.es Viij ;!s*r» • " ' h 'P«“nt »n Pleasant Valiev, with our Sundav c rmrnts „n— And „ ' « nothin' short of pleasant, when we ke r 1 a-ant Grove.— A n d Pleasant H i ll’« the Eden that the itenui«*rs m re! W - t i e lift’-' word is pleasant— fer tbe printer or the - : *e, that records the daily doin ’t of B illrille '. pleasant _ An 1 when you're in H E R company— with nothin’ . ; 5 a * U r t the ball to rollin ' with— '” W V tw