*
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