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About The Monmouth herald. (Monmouth, Or.) 1908-1969 | View Entire Issue (July 13, 1923)
THE MONMOUTH HERALD, MONMOUTH, OREGON FRIDAY, JULY 13. IMS Page 4 — S p O t i i a i i f C I \ V i u i a r i l K i p C f l | )i> U t p n 't I . By C. E Spence, Agent. s No Profit HEN the harvest season is on this year, it will be your job to gather every bundle o f grain. The narrow margin between profit and loss will not allow the extravagance of broken bundles scattered over fields. W Twine is one commodity that is bought very much on honor. The ball of twine is noncommittal; it tells but little by its appear- ance; you must take it on trust. That is why it is essential that you depend on twine repu tation in your purchase. G ood twine will add much to the success o f your harvest. P o o r twine will be costly, out of all proportion to the saving in twine price. This year it will not pay to take chances. It is not a safe season to do any experimenting with poor twine. Don’t be satisfied with any but the best. Buy the twine that has been time-tried and found com pletely satisfactory — the old reliable— § & MtCOItMKK-DEERINC TWINE Thomas & Horton In d e p e n d e n c e , O re g o n McCORMU K-DEERING DEALERS or*b!e- hot west and dry’ throUKh the middle wheat belt. mo,t of Hood River has seen the folly of selling apples around 70 cents per box that cost about one dollar to grow. Now the growers propose to organize a strong marketing and dis- tributing agency and stabilize the in dustry. All over the country produ cers are forced to a realization that the individual marketing is no longer profitable and that only through or ganized pooling and marketing can they succeed. The state market master will give as much assistance to consumer’s or ganizations as to producers, when this class become enough interested to take the initiative. So far the con sume! - have shown but little interest in any movement to co-operate with producers and shorten the line and reduce the costs between the grower and the consumer. The state mar ket ma-ter is ready to assist any co operative proposition that is founded on a solid basis. Charter No. 10071 Reserve District No. 12 R E P O R T OF T H E C O N D IT IO N OF T H E First National Bank The potato growers of Oregon A t Monm outh, in the State o f O regon, at the close of business, J should have a strong co-operative on June 30, 1923. marketing association, organized along the California contract plan, to RESOURCES put this industry on a profitable and 1. Loans and discounts, including rediscounts, (except shown in b & e) $184,741 66 dependable basis. Many sections 2. Overdrafts, secured none; unsecured $1,086.21... .r .................. 1,086.21 i of the state are naturally adapted to 4. 1'. S. Government Securities Owned; , potato growing, and it is said that a iJep'isited to secure circulation (U. S. bonds par value) 15,000.00 | but one state, Colorado, can equal b All other United States Government Securities .............. 10,250.00 Oregon in the quality and quantity Total U. S. Government Securities.......................... 25,250.00 I of tliia crop, yet for years with few 5 Other Bonds, Stocks, Securities etc..............; ............................... 73,016.65 exceptions the Oregon farmer has not 6. Banking house $22.449.65: Furniture ami fixtures $6,721.89 ......... 29.171.54 1 received the cost of growing the crop. 8. Lawful reserve with Federal Reserve Bank ................................... 20,524.68 Last fall thousands of bushels were 10. Cash in vault and amount due from national banks....................... 51,846 10 i left in the ground because the mar It. Amounts due from State banks, bankers and trust com ket price would not pay for the har panies, other than includes in Items 8, 9 or 10 .................. 6,647.87 vesting and marketing. Total of items 9, 10, 11, 12, and 13 .............................. 57,493 97 The potato crop of the state shot^d 14 a Checks on banks located outside of city or town o f reporting be pooled through a solid co-oper bank ................................................... non* ative selling agency. This is simply b Miscellaneous cash items............................. 287.27 287.27 a thoroughly businesslike way. k5. Redemption fund with U. S. Treasurer and due from Through it trained men can do for the U. S. Treasurer................................................................................. 750.00 growers what they cannot do for 16. Other assets, if any........................................ ............................ none_________ Total.............................................................................. 332,321.98 ¡themselves individually; markets can FULLER CLEARED LIABILITIES. ' be stabilized; new markets can be ON BOOZE CHARGE found; ample credits can be secured; 17. Capital stock paid i n ........................................................................... 30,000.00 ; grades can be established, and it After three minutes of deliber 18. Surplus fund.......................................................................................... 15,000.00 < would seem that through these chan- ation the jury which heard the testi 19. Undivided profits.......................................... 4,729.61 a Reserved for interest and taxes accrued none 4,729.61 I nets the potato industry could b e 1 mony in the case of the state vs. A r c I^ss current expenses, interest and taxes psid .. none 4,729.61 made stable and profitable. thur Fuller, charged with having The Pacific Co-operative Wool liquor in his possession, brought in a 20. Circulating notes outstanding.............................................................. 15,000.00 25. Cashier’s checks outstanding.............................................................. 103.42 Growers is an illustration of what verdict of not guilty. Total of Items 21 22, 23, 24, and 25............ 603.42 may be done by producers pooling Fuller, who resides .at Amity with Demand deposits: (other than bank deposits) subject to reserve , and sticking. Farm market spe his parents, was arrested last week (deposits payable within 30 days) cialists who have investigated the by City Marshal Chase and was re various wool pools in the United leased on furnishing bail of $25. His 26. Individual deposits subject to check................................................ 202,039.49 | States, state that this association is trial occurred Tuesday afternoon be 27. Certificates of deposit due in less than 30 days (other than for money borrowed).................................................................... 7.000.00 the most efficient wool-marketing fore Justice Coad, the defendant be oiganization in the country. It now ing represented by Oscar Hayter and 28. State, county, or other municipal deposits secured by pledge 14,015.71 of assets of this bank or otherwise................................... has a membership of about 2500 in the state by District Attorney Hel- 1,500.00 j Oregon, Washington, Idaho and getson. Quite a number of witness 30 Dividends Unpaid............................................................................. Total of demand deposits (other than bank deposits) subject northern California. It sells th e ! es testified to the good character of to reserve. Items 26, 27, 28, 29, 30 and 31..................224,555.20 output sorted, graded and scoured Fuller, who contended that he did not Tim e deposits subject to Reserve (payable after 30 days, This puts the fiber into strictly mer-;know the bottle of liquor was in the or subject to 30 days or more notice, and postal savings): chantable classes, and sheep men car. state they get from three to ten The jury before whom the case 32. Certificates of deposit (other than for money borrowed)................ 60,178.42 cents more per pound than outside was tried was composed of, H. L. 34. Other time deposits............................................................................. 42,256.33 Total of time deposits, subject to Reserve, prices for ungraded stock. Fenton, foreman; J. H. Foster, U. S. Items 32. 33, 34 and 35 .......................................102,433.75 Oregon grain growers should not Lougharv, H. A. Woods, F. H. Mor- 45 Liabilities other than those above stated............................... none be excited or scared over the n e w s -rison and C. E Lynn. Total............................................................................... 392,321.98 paper stories of record-breaking Sta’ e o f Oregon, ) crops in the country generally. There Prune driermen who charged two County of U , | ss ill be a large production in the ,1 cents a pound for drying in most cases I, F. E. Chambers, Cashier o f the above-named bank, do solemnly swear that northwest, but this condition does not lost money, though not realizing it. . . . . . . . , , . . . , , . , the above statement is true to the best of my knowledge and belief. prevail throughout the middlewest, Under present methods of drying by J r-u a u d pd c ; c — u - F. E. CHAMBERS. Cashier so state those from that section, natural draft the cost Is out of all Subscribed and sworn to before me this 9th day of July, 1923. Weather conditions have been unfav- proportion to charges made. The ’ [S eal ] HOWARD W. MORLAN, Notary Public. My commission expires April 7, 1926. CoRRECT-Attest I ra C. P o w ell J. B. V. B utler W m . R iddell ) Directors. » A R N O L D ’S new recirculation process developed PERTAIN TO MEN AND MULES by the Oregon experiment station re duces the cost and increases the cap Only Known Animals That, W illingly acity of the drier and the quality of and Unwillingly, Are Known te Wear Collars. the product. Write E. H. Wiegand, O.A.C.., Corvallis, for particulars. Cash CUTTING TRAILS FOR parel worn about the neck by men and FOREST FIRE FIGHTERS mules. The reason that the last Grocery Collars are tubular articles of ap ilhg KMeni¡as Delicatessen Confectionery Announcing the opening of our New Store Saturday, July 14 Old Location of Morlan & Son W e cordially invite the public to visit our store and inspect our standard line of merchandise. Among the Polk county men now- working for the Polk County Fire Pa trol association under the direction of W. V. Fuller, secretary and man ager of the association, are Thomas Stockwell nnd Joseph Mortimer, who are making their headquarters at Yal- setz, where they are engaged in cut ting fire patrol trails near the edge of Lincoln county on the Siletz river waters. The late rains have obviat ed the necessity of patrolling so far this season, but this work will start as soon as the weather settles enough to make forest fires a real menace. V. Go.-so, Roy Gosso. Hugh Black and his son, Lynne, are now engaged in cutting trail in the 7-9 country and { will probably finish in about two more weeks. All the trail cutters will be ' used as patrolmen as soon as patrol ling starts. The patrolmen gener ally quit for the season between the first and fifteenth of September. Mr Fuller states that he expects that the aeroplane service will be in operation during the dry season, whereby it will be made possible for him and the dis trict fire warden, John Grant, to thoroughly cover their territory whenever necessary. Alfalfa hay for pigs may be fed long, cut into short lengths, or ground into meal. Results at the Eastern Oregon branch experiment station. Union, indicate that alfalfa fed long in racks as a grain supplement induc ed larger daily consumption with laig- er and cheaper grains than fed cut or as meal. Hungarian retch, grown at the Oregon experiment station 15 years and by co-operating farmers for four years, is sure to become an import ant annual legume crop for this state, particularly the Western part. It grows and flourishes well on some lands too heavy and wet for common vetches or other legumes. Grape varities grown in Oregon are from Aro group*— American and European. The American variety is hardier in resisting cold, and can be grown anywhere in the state where grapes can be grown at all. The European variety can be grown only in the warmer, better favored dis tricts, and only the very earliest can be grown at all in the cooler areas. O.A.C. Exp station. 1 named animal wears them Is obvious. A collar consists of several square Inches of linen made Into a strangling noose and starched to add to Us po tency. Some are uprights, other grands and atilt others simply Instruments. They are of varying heights, ac cording to the hardihood of the weur- er, observes a writer for the New York Sun. Some men are so hardbolled that they wear collars with protruding points In front and play a game with them. The object o f the gume la to prevent the points from working through the under Jaw and destroying the molars. Fortunately the collar does not often win and the stretching exercises Incidental to the play are beneficial. Many good farmhands have been ruined because of a burning ambition to wear a collar perennially. The prob lem of the exodus to the cities might be solved by a public exposure o f the Implement. For some reason office slavery la called white-collar work and those who do not carry the hod are satd to be white-collar worker«, hut this Is only a flowery figure of *i>eecb. the collar that will stay white on the Job not having been made. In families the men of which have worn collar« for generation« that un lovely protuberance known ■■ Adam's epple U virtually nonexistent. Among thoae who have but recently Joined the collar corps the old perambulating pip- ptn puts op a hard fight, but la finally pushed back, to the evident discom fort of the windpipe. It Is fortunate that only the air passage suffers and never the one through which food must travel. Miteic Promotes Deed Humor. There Is no doubt that a little music In life remove« many minor trouble«, say« a writer In Musical t>pinlon. who goe« on to tell of a friend who was having hla house decorated, with paint era all over the place. One morning he reme down to breakfast and nearly fell over a pall on the stairs. The whO'le household seemed to he In a had tamper through being harried from room to room and with everything out of piece So he hurried to hla study for a little quietness A mualc hook was on the piano and the hymn "When the Mists Have Rolled Away” was fac ing him He started playing and «Ing- Ing thin, and very anon everybody la the house was humming the tune, in- eluding the painter«, some o f whom were whistling The effect was mar vetous. the gloomy aspect was changed and everybody was In good humor. T - ”■ ■ —