tage Four
NpKuvMrKNCE ENTERPRISE
JULY
Independence Enterprise
Published Every Friday by
i Z. a KIMBALL.
Subscription Rates
One Year WjJ
Six Months l7&
Oregon, with its wonderful fields
for development, teeds more money
instead of less. And yet one of the
measures which will appear upon the
ballot this fall would make the legal
jjate of interest four per cent, with
five per cent the maximum rate on
contract. If by some freak it should
pass, what a predicament Oregon
would find herself in. China, with
her stone-wall, would be a real 10
cial body compared to this state.
Not a cent from outside investors
and every available ors here would
Beek a more remunerative clime.
Cheap money is a fine and dandy ar
rangement, but so long as the de
mand exceeds the supply a reduction
in interest rates is not going to be
come effective. During all of these
days of skyrocketing prices en most
things it can be said to the credit of
the bankers of Oregon, generally,
that they have kept interest rates m
consistently low "as possible. Big
corporations needing large amounts
of money have had to advance their
interest rates. What would they do
or anybody else for that matter, if
five per cent should become the
maximum charge? ' The answer is
simple enough. They would find
the strong boxes empty.
SclioblNofe
NORMAL NOTES
Mr. A. E. Ingraham, principal at
Summerfield, Oregon, was inter
viewing prospective teachers for his
school on Monday. Mr. Ingraham
is a former Normalite and gave the
students some good advice in chapel
hour.
Mr. Gentle represented the fac
ulty in chapel last Friday. He gave
an interesting discussion of the
three-fold nature of the present day
curriculum in elementary schools.
The afternoon sessions at the Nor
mal this week have been moved up to
1:15 instead of 1:30, with thirty-five
minute periods. This gives the
students an opportunity to attend
the Chautauqua.
Miss Mamie Radabaugh, critic in
the Monmouth training school, spent
last week-end with friends here.
Miss Radabaugh has had a year's
leave of absence which she has
spent at the University ofOregon
from which she will graduate this
summer.
President Ackerman reports a
very energetic group of people in
the Normal extension at Pendleton.
He is much pleased with the work
being doae there.
Mr. J. V. Bennes, the architect in
charge of the building program, has
plans ready for an extended en
larcement of - the heating plant
This is probably all the building that
will be done this autumn.
Mr. and Mrs. Butler entertained
the -members of the faculty at their
home very happily last Sunday
evening.
Students have been interested in
the poster exhjbit in the corridor
near the library this week. The
posters are sent out by the National
Child Welfare association and are
intended to stimulate attention to
better reading for children.
Mrs. Ackerman is visiting her
daughter, Mrs. Lunn, at Corvallis
this week.-
Father O'Hara who is now con
nected with the University of Oregon
gave an excellent talk at the chapel
hour Wednesday morning.
home brewers will use no one knows
or can find out. The quantity will
be fairly large, no doubt, but not
large enough to make much of an
impression on the supply.
Crop prospects in Oregon are very
good. The season has been favora
ble thro-ughoflt and much new acre
age will bear well. The 1920 crop
is now figured at about 65,000, bales
as against 40,000 bales last year.
The Washington crop is estimated
at 40,000 bales as compared with
snnno Kales in 1919. California will
have close to 75,000 bales, the same
as last year, and New York pernaps
the usual 5000 bales.
With a total American crop around
185,000 bales and relatively little
use for hops In this country, Eng
land must be looked to for an outlet
for the crop. Whether the big sur
plus can be absorbed by that country
remains to U seen. Hop traders do
no think it possible, at least on a
high plane of prices.
According to the latest advices
from England, the crop prospects
there are brighter. Them wai a
very severe vermin attack early In
the summer but this has been large
ly overcome. Additions hae been
made to the small war acreage and
it is now estimated that the crop will
be somewhere beween 225,000 and
250,000 cwt Last year the English
crop was 194,000 cwt.
Oregon growers have fortunately
already contracted to sell the neater
part of their output for high prices.
It is figured that between 35,000 and
40.000 bales of the 1920 crop have
thus been disposed of.
Exports of hops from the I'nitod
States for April, 1920, were ?.;7"sS19
pounds, of which 3,42.2":5 pounds
went to England and Scotland, l-rom
September to April, both inclusive,
total exports were 26,308,953 pounds,
of which 22,750,930 pounds were for
England and Scotland.
Parker
The rains the fin of ti e week
damaged quite u bis of buy.
Postmaster Ly has ben h.v nK
bees this week. He found two bee
trees, and beside the honey took
the bees, too.
Mrs. II. N. D":km4on is rejoicing
over a new piano.
Mr. and -Mrs. P. T. Peterson spent
Saturday and S'U-Uv visiting na
tives in Portland.
Mr. Ray Lacey n family Hnt
Saturday visiting his parents in
town.
Mr. William Sctak and wire a.!
children mot ired to Albany Sntur-
A farn'lf picnic dianer wa spread
at L. W. Fuller' bomo on Sunday,
n,. Kin in on the irood things
to eat ware: Mr. C. W. Sparks and
.... - .1 Ifw,
wife and children or lamer.
Banson and son of Minnesota, oe
m- r. W FulUr and family.
wit - -
California, motored
tn s c nan si n fw weeks orith his
mother, Mrs. Mary Partch and his
sister, Mrs. Edward Veith. This is
the first visit of Mr. Fartch to see
any of his nieces or nephews in ten
Mr. Clarence Reynolds of Port
land is visiting his friend, Oscar Pet
erson, for a few days and like a
good fellow, Oscar is teaching him
how to use a pitchfork instead of
leaning on one.
Mrs. Elizabeth Chapin accom
panied her son, Elmer Chapin, and
wife to Oregon City Saturday,
where they will visit relatives.
In The Churches
At the Itaptlst Church
Although the Sunday school le
. ... ft,., tood time w0 ttU
nic is ("v'i
. ., be forjroUwi.
had w in , , . ,ii
i t v.mm can ton
Those wno siyv . ,
themselves that they mi -
...... 'i-i...... ''! riu-vs
classes and K n1 ,Unly ,f .
of all kinds, ir you w"1 lw
to a live bunch of Sunday school
folks come to the Daptiat Sunday
school which meets every Sunday at
10 a. m. At the hour of 11 a m.
the Rev. H. L. I'roppe will preach on
"More Old Wells Dug Up. The
Young People's Society meets next
Sunday evening at 7 p. m. An able
Wider and a good meeting. iWt
nite announcements wilt be made
concerning the hay-rack ride. At
the hour of8p.m. Rev. rropp will
preach on a subject you ought to
hear, namely: "What Think You of
Christ?" This is a vital subject and
of interest to all. The summer
evening sen-ices through the sum
mer months will be short and full of
interest so there will be no rear oi
sitting under long sermons in hot
weather. You had better come to
these meetings. A hearty welcome
awaits you all.
Christian Church
The Rev. J. A. Melton of Portland
will preach in the Christian church
Sunday morning at 11 o'clock.
Here's Service For Yoi
CHroy. California, May IS, mt
Jievrwlet Motor Company,
)nklam Calif.
IMji Sirs:
In reply to your favor of the
nth: Several years ago we pur
ged through Nr. R. M. Thomai of
this city a "Chevrolet Four-Ninety"
toadster and at tha same time pur
hwed an interchangeable light dt
ivery body and have uaed it aa a
elivery car ever sinca; giving It the
lardest kind of usage, with all Vlnda
,f drivers and we frankly confm
hat the service we have had has
.eon marvelous. At times we have
urried loads up to a ton In weight.
Ancient Bricks Well Made,
Of the durability of the ancient
bricks the remains of ancient walls
and courses that go bnck to prehis
toric times bear witness. So strong
are the we'1-ninde sun-dried bricks
that they are found as a foundation
many courses deep, beneath the pon
derous stone work of ancient temples.
The remains of the ancient town, now
known as El Kab, still exist, with a
wall constructed entirely of such
bricks, still a solid mass. These
bricks now, as in ancient (lays, are
made with mud from the Nile and
chaff, not straw, but the admixture
was by no means always required, as
the Kile mud differed considerably In
different places, and in second-rate
brickmaking the mixture of "tlbu" or
chaff was not used. But In great
works, such as the greater wall In
Closing the temple group of Karnak
which was made under the Impulse of
the government at the time, this chaff
was always used.
Portland The way to sell your
product to the other fellow is to buy
what he has to sell. That is why
the Albers Brothers Milling Com
pany of this city a few days npo re
ceived a large shipment of wheat
and corn from Manchuria. They
could have bought the grain here,
but wanted to sell some flour in
Manchuria. This was the first ship
ment of wheat ever brought to Tol
land from the other side of the Pacific.
Card of Thanks.
To the many friends who so
kindly rendered assistance during
the burial of our father and graml
faher, John YinUrs, we extend eiir
sincere appreciation.
J. V. Winter
V. I,. Winters.
In tDiU of thu ..j ... I
rep. r b, hM b
and the car hai UeC5
In the way of tin. ' 1
v ...
"We wers io w.lt . ,
err let w "ad on thlij
jwt have recently pir
vne aame tourct om J
4iiw.a, u.iougn thiHttj,
car li still In dall,
. . "I
we cengrtult yMo,(J
laciure or wtint w. :
vrviceable and reliablt J,
S i
market, coit con Mj
CROW'S Nlt;j
i r-N l n .O
Immediate ucnvcry uin nc oecunf
All Models
The Enterprise is still $1.50 a year.
A. A. Patterson, general man
ager of the Pacific Coast plant lure,
stilted that the Aladdin Company u
receiving thousands of inquiries
from the Orient and expects soon to
be sending its ready-cut houses to
China, Japan, the Philippines and
Hawaii. Exportation of bungalows
to South America has already been
started.
SAYLES MOTOR CAR
C STREET, INDEPENDENCE, OREGOJl
Portland To make Its product
popular with the kiddies, the Tru
Plu liiscuit Company of this city i
enclosing a toy airplane in i'Pch
package of soda crackers.
Portland --The Pacift
Company, wheh ronvertt ;
useleKK animal matter it;
fertilizer, has just firi
building in the Peninnlit
mm n wml
Dr. Dueanne, Dentist, office orer In
dependence National Bank.
The Enterprise is still i.60 a year.
DEMAND FOR HOPS IS
NOT BRISK JUST NOW
Hop dealers do not take a reas
suring view of the market prospects
this season. There has been no de
mand at all for 90 days, and unless
buyers soon show some interest in
hops prices are likely to be low.
There is no way of telling what val
ues are at the present time. The
last business was in April, when
Oregon contracts were worth 75
cents and California contracts were
worth 75 and 80 cents. Some hop
men believe the market could not be
quoted over 40 and 50 cents, says the
Oregonian.
There will be a large crop in the
United States, probably 35,000 bales
more than last year, and certainly a
smaller domestic demand. The su
preme court decision settled the de
mand question. The hop require
ments of the near-beer manufac
turers have become steadily smaller
and are now hardly considered in
consumption statistics. What the
REPORT OF THE CONDITION OF
THE
Farmers State Bank
at Independence in the State of Ore
gon, at the close of business, June 30,
1920.
Resources
Loans and discounts. ... $233,482.76
Overdrafts, secured and
and unsecured 1,960.90
Bonds and warrants . . . . 40,379.88
Banking house 12,000.00
Furniture and fixtures.. 5,800.00
Due from (approved rel-
serve banks. .... .. . 40,335.93
Checks and other cash
items 944.69
Cash on hand 17,538.09
Total 352,442.25
Liabilities
Capital stock paid in... 25,000.00
Surplus funds . 5.000.00
Undivided profits, less
expenses and taxes
paid 5,197.13
Individual deposits sub
ject to check.. 224,102.00
Demand certificates of
deposit.... 600.00
Cashier checks outstand
ing 5.710.21
Time and savings de
posits 86,832.152
Total 352,442.25
State of Oregon
ss
County of Polk
I. C. G. Irvine, cashier of the
above named bank, do solemnly
swiiar that the above statement is
true to the best of my knowledge
and belief.
C. G. IRVINE, Cashier.
Correct Attest: C. W. Irvine,
Edw. Rex, Directors.
Subscribed and sworn to before me
this 8th day of July, 1920. ...
D. E. FLETCHER,
Notary Public.
My commission expires Oct. 21,
1923.
The Bl
g Sate lsed
THE CONCLUSION OF THE BIG SALE AT THE WOOLEN MILL STORE ON
SATURDAY WAS THE FINAL OF THE LARGEST AND MOST UNIQUE SALE
EVER ATTEMPTED IN OREGON OUTSIDE OF PORTLAND. IT BROUGHT
PURCHASERS FROM EVEN AS FAR OFF AS BENTON AND TILLAMOOK
COUNTIES ON THE WEST SIDE AND FROM LINN AND CLACKAMAS ON
THE EAST SIDE.
IT WAS UNIQUE FOR THIS REASON: THE GOODS WERE OWNED BY
THE PROPRIETOR. THERE WAS NO MONEY PRESURE FROM ANY BANK
OR MANUFACTURE. IT WAS NOT POSSIBLE TO REPLACE THE CHARAC
TER OF MERCHANDISE SOLD DURING THE SALE AT ANY LESS PRICE
THAN IT HAD BEEN BOUGHT.
IT WAS SIMPLY THAT THE HUNDREDS OF PATRONS OF THE STORE
SHOULD HAVE THE SAME OPPORTUNITY TO REPLENISH THEIR WARD
ROBE AT REDUCED PRICES THE SAME AS THE PATRONS OF ANY OF THE
LARGEST STORES IN THE U. S. NOT EXCEPTING MR. WANNAMAKER'S OF
NEW YORK.
IT RENEWED THE FRIENDSHIPS OF MAriY OLD TIME FRIENDS AND
BROUGHT MANY NEW ONES.
THE MANAGEMENT IS MORE THAN. GRATEFUL FOR THE HEARTY CO
OPERATION OF THE PUBLIC WITHOUT WHICH IT WOULD HAVE BEEN A
FAILURE. THERE WILL BE NO RELAXATION IN THEIR EFFORTS TO
SERVE THE PUBLIC. PLANS WILL BEGIN AT ONCE TO MAKE PREPARA
TION FOR THE FAST COMING FALL AND WINTER BUSINESS CAMPAIGN.
LARGE QUANTITIES OF THE SAME RELIABLE GOODS THAT HAVE AL
WAYS MADE THIS STORE FAMOUS HAS BEEN OKDERED AND WILL BEGIN
TO ARRIVE IN A FEW DAYS, AND THE PATRON OF THE STORE MAY
REST ASSURED THAT THEIR INTERESTS WfU - TAKEN CARE OF
Woofer
mills St?
C P. BISHOP, PrM,HW,
i