THE MONMOUTH HERALD, MONMOUTH, OREGON FRIDAY, JULY 13. IMS
Page 4
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O t i i a i i f C
I \ V i u
i a r i l K i p
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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.
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