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About Eugene daily guard. (Eugene, Or.) 1904-1924 | View Entire Issue (Sept. 21, 1922)
Thursday Evening C4 - Page Fonrttfl' 'TIIE EUGENE DXILY -'PieiiiUi THIS BANK Is Growing Every Day Are you growing with us? v There will be big things to do , tomorrow. Will you have a part in them and thus a part in this com . munity's success? . ;.' It's up to you. ' i 1 ! ! , A growing Hank Balance paves the way. THE I UNITED STATES NATIONAL BANK, Tlio P.anlc of Service. v EUGENE LOAN & SAVINGS BANK The Hank of Savings. Singer ana Hubby Are Still At Outs Snnf Francisco, Sept. 21. There liim been no rcemicHintlon between Mm. Margaret M'nissennuer, opera Klngnr, mn Floyd Glotzbnoli, lier chauffeur luwband, 1 Showamla. ii dioiee of tie smoker, Attorney .T. Mn-wtll l'cyscr. reprcnent injr (ilotzbiu li, ilrrlarvd hero toduy. lln purlH of a rrennrilietlon were circulated after it wan learned that Mine. Mntiseii- i hull (liininK(Ml )the divorce milt Hhe filed ut White 1'hiiiiN, .New- Vork. (flot Sihni'lL hiiH a counter Hiiit on file here, Champion and ; Grand Champion Jersey Bull ' TO BE SOLD AT; AUCTION ,. FRIDAY, SEPT. 22, AT I P. M., V : AT FAIR. GROUNDS ' ' ' ' TUTS GRAND CHAMPION, Niptfrin St. Mawcs' Boy, , No. 147290, was sired by ltosarie's Boy, No, 125188, a gold medal bull. The grand siro is Rosaire's 01ga : Lad, No. 87489, a gold medal bull, and Iho siro of a gold modal bull. 1 - . ' , TlifS GRAND CHAMPION", Niparia St. Males' Boy, was foalod by Naparia St. Mawes, No. 3.15680, vvhoso sire was Poppy's St. Mawes, No. 115434, a gold medal bull, tbo dam being Naparia 2nd, No. 274837. This Grand Champion, 3 Years Old, Weighs 1885 lbs. J. I. AND F. C. JONES, OWNERS, 0. E. MAY BE FORCED TO Sulom. Ktpt. 21. If the Orison Klt-o-trii: Kail way company ronliniH'i to lose money nt th present rut in the opera tion of jtH traiu hp r vice in Oregon, it limy be forml within u fw mouths to mrlail itK paKKentctT Bervirc from Iort land to Kfiicim and other up-vulley points to one traiu daily. This was the abortion Innt nijrht of W. D. Hkinner, vice-priinitfiMit of the company, who is in Hal em while on a tour over tJie territory served by the company. A Trior recommendation however, that will bo made by him to the company tin lesH finuuciul relief couich, will be the complete abandonment of the Forest drove lino of tbo company. A move 1 hut will probably be made in the near future, which may entail fur ther Ioskcb but which apparently ift nec essary as an experiment in patnentrcr per vice, will be the reduction of one-way fmc to meet competition of motor bu lines. Mr. Skinner noid this iK to be done in all territory where bun competition exit8. Between Portland and Sulem the reduction would be from $1.84 to Jfl.fio. Air. Hkinner said he had received in quiries from the president of the North ern' Pacific and the (ire at Northern as to wJmt the effect would be if the ser vice iu the "Willamette valley were re duced lo one train daily. "I am making a careful study of the situation," said Mr. Hkinner, 4,to deter mine whether the Oregon Kloctric has a chance to live. These possible chuwreH would be on our financial returns for operations. Loss Stated In Figures. "PiurinK the venr 1!(21 the Oregon Kleetric lost $85,178.45. Or. in other words, it cost the company tJint much for the privilege of running trains. Here is a comparison. In the first woven months of last year the company's loss was $44, "(M.iKS. During the first seven months of thin year the loss lias been $84,2111.30. Wo are $-1(1,000 behind lost year. For the whole of this year it looks n"n if it is going to cost the company $150,000 for the privilege of running trains. Expenses Are High. "T-rfisfc year on every dollar of gross receipts (lint came fnto Iho company's hands- it paid out 32 cents for main tenance and superintendence of way, and also on every dollar of gros income we are paying 10 cents in taxes. In addi tion to that we are paying 5 per cent on W,wiu,jw in doiiub." LONE CEDAR. Ixino Odnr, Ore, Sept. 10. Mr. nnd Mrs. A. Simonscn and sons .spent Sim day with Mr. and Mrs. Intor Scnles. Mr. and Mrs. W. IS. (iillcsnio visited witli .Mrs. (tillcspics parents, Mr. and Mrs. O. JtoHS. Mrs. M. Gillespie and daughter spent Sundny afternoon at M. Simonsen's. Hazel Powell and Arthur Simonsen ore attending high sehool at Jxrane. Miss Clara Courter visited the McCny family Sundny afternoon. School opened Monday with Miss Clara Courter as teacher. - Mrs. (10. (). Crow and Mrs. - Unlpli Lynch are iu Eugi-uo under Iho doctor's care. : .Mrs. I.illic Crow of Lorone lias eharie. of her son's cook house while his wife is in Eugene sick. .Tunuitn (lillespic was nliHcnt from school 'Tuesiiay on account of sickness. Mrs. T. Ornm spent Tuesday with her sister, Mrs. ' M. Simonscn. : Helped His Back. Unckncho, . rheumatic pning, dizziness nnd blurred vision arc symptoms of kid ney trouble. ".My husbnnd had a bad back," writes Mrs. Jr. McCullotiKh, Eas ton, Pn. "When ho sat down lie could hardly get up and then ho would be drawn over to ono side. He tried Foley Kidney l'ills and they cured liim." Foley Kidney Pills quickly relieve kidney and blnddef trouble. Sold everywhere NOTICE OF HEARING OF FINAL ACCOUNT Notice is hereby Riven that 15. D. Soutlminrd. the administrator of the es tate of Lillian Southniayd, deeenhed, has filed his final nccoant therein, and that Saturday, thn 7lh day of October, 122, at tea o'clock in tho forenoon of said day, at the County Court Hoom in the Court House nt Eugene, Oregon, hnve been fixed ns tho time nnd place for heaving objections to said account and for settling tho same. Hated at EuRcne, Oregon, tho 7th day of September, liCU. , K. P. SOTJTITMATT), Administrator of tho Estate of Lillian Southniayd. deceased. YOUXO & HAY, Attorneys. . No.l339-Thurs-dy-o5 SEE THE MLlflE Farm Machinery Exhibit t; 3 At The Fair U ,. EXPERT ATTENDANTS WILL SHOW YOUR 'ROUND s This line of Farm Machinery is Sold on a Co-operative Basis, So You May Save. : Grangers Eugene Warehouse P57, Pearl . PJionc GREENLEAP (Jreenleaf, tre., Sept. '1 Vergil Parker km: built a chiiki-n ho is. Miss Violrt Wood started School iu Xo. I'M Monday. Pete Wih ut and Eftgene Wheeler have both been receiving treatment fur tonsil trouble in Eugene. (irernlenf school was started Monday by -Mrs. Virgil Parker for the third con secutive time. Art Harrington who carried the first nail on our present route, and a com panion, both from (iraud Kuude have been on a limiting trip. A. W. (irnlmui. is painting Horrjan Steinhauer's silo. ' For the third consccutivo year. ius Mahlon anil Dave Urahain have come from Portland and had a successful hunt. Marion Wheeler is wooding the wood shed of school No. -l!)Ji. l'ete Witcut expects to drain the swaini at tlie Bid mill this winter. Marion P. Wheeler went to Dcadwood today au 'legal business. . BERRYDALE. Tterrydalo pre., Rept. IS). Mr. Conk lin of Monmouth,' Ore,, has heen elected to tench the Herrydale scltool. which will commence aa soon u& Mr, Coukliu ar rives, l: ; '! Nearly all (if The neighboring commu nities including 'rjerrydak, were well represented at the Western Lane County specimeuH of livestock, poultry and agri cultural .proil'icts were exhibited. Mr. and M'rs. AW l firoves and chil dren accompanied by Mr. and Mrs. F; A. Titus, were visitors nt the t'harleg Hes ter home near Canary recently. 'J he surveying orew who are survey ing the Ada to Olenada road, are tem porarily occupying the Currin JioiiHe. Mr. Thompson and Mr. Sinnor. sur veyor, were guests at the A. 1. Squire home Wednesday evening. I'. M. Morse, with several members of the county court, reviewed the road work being done near .Canary. A picnic dinner was enjoyed Sunday at tho school house after Sunday school services. In the afternoon a pleasing pro gram of music nnd readings was render ed. Mr. McArthuri bridge builder of Lane county, gave nn interesting and prneticnl talk along the lines of good roads. . Jlev. Neff of Florence preached a splendid sermon.' - Mr. and Mrs. Lockwood and children of Florence motored to JJerrvdale Sun day to attend the program and preaching services given nt the school House. Mr. and Mrs. .Charles Jiester of' Ca nary also attended the services. , FORD IS RICHEST New York, Sept 21. Henry Ford, ac cording to the. Wall . Street Journal, is the richest man in the world. His wealth surpnsses even that of John D. Rocke feller. ' . "Henry Ford-has' In the Ford Motor company the largest income and, if capi talized, the largest fortune in the world," the Journal says. "His income, adding to his boundless wealth $.T00.000 a day through the busy season, is probably un equaled in nil history. "Profits before faxes for 1022 will ex ceed 12"i.000.000. After taxes thev will be $110,000,000. about $100 n car. 'Witli these earnings, the Ford Motor company could be capitalized at $2,000,000,000 and par 5 per cent on that capital. "Ford condemns bankers, but with $lSO.0O0.0OO cash he himself is the lnrsr est individual banker in this country, if not in the worlds Michigan sugar beet growers and - automobile manufacturers have little need for such stupendous sum nnd only a few millions are banked in Detroit. Wall street the finnncer of the country absorlis -the. other millions, and Ford's profits expand and multiply with "Wall street assistance. Even n republican congress unites to add to the Ford wealth. The company paid more than $50,000,000 in federal taxes in 1021. Because of the abolition of the excess profits levv. it will nay only S10.000.000 in 1022. The Fords are S:i4.000,000 richer, though if they were to draw th" riches out they would pay more thon 50 per cent additional in per sonal income taxes.' "So Ford continues to nile up in his business tlio millions which find their way into Wall street. His replacement parts business Is ro profitable that he could rhnn off his manufacturing profit of prohahlv $S0 a car and mnke more than $1.-1.000.000 annually or $14 on each car produced from the sale of narts nccessarv to keep the millions of Fords now on the roads in running condition. "Tic could distribute this $14 as a bonus to Ids workmen nnd still ninkc the $0 n ear profit from Interest. "Put he is not selling nt cost, ne is holding on to profits from interest, ports nnd cure: $."iS.Ono.OOO In tho in months ended lnit February, despite the henvy taxes $11,000,000 in all probability after taxes in 1022. "Henry Ford is n Wall street in him self nnd the few blocks Of Woodwnrd avenue running past his factories in De troit form n companion; thoroughfare with the few blocks of Wall street from Trinity church to the Fas- river. "If he continues to pile nn e.isli nt this rate, he cannot long denounce Wall srrcec or me money power or the coun try. "Henry Ford will be that money pow er." , 'a, CLUB TEAM GOES TO ; STATE FUR SUNDAY The ninthly Cnlf club team, which won second plnco iu the stock judging contest nt the Lano county fair, will leave Sunday in company with Ira P. Whitney, county agricultural agent, and J. (1. Swan, county club lender, for the state fair nt Sulem. At the Male fair they will enter a judging contest with teams from every county m the state. Th Itlachly team consist . of ltoss Taylor, nnd Kenneth and Huby Thomp son. S. It. Tilson, the club lender, can not accompany the tenm becnuso of busi ness. That the team has excellent chances of winning a high plnco in the stale wide contest Is tho belief of Mr. Whitney. .-( The Willakemic Calf club team which won first place at Uic Ijne fair, will be taken to the Pncific International Live stock exposition the first week in No vember. It is eoinimsed of Wilbur Bush ncl. Wayne Frndy and Harold Tyres. ltesidcs the two judging tenuis which go to tbo shows nt state 'expense the county fair is sending the two hoys and two girls to the statu fair whW won the highest grades in dub work in the coun ty. They are Everct .Miles of Ada. Fer diiinnd lone1on of lowed, Mnrgnrct MiH'liiln of I'obnrg and Mnrgnrt .nliin of Wcndling. These four will go to the state fair on Wcduesdoy and remain un til Kridity. The industrial cluhs have made very wonderful showings this year at the fair, especially in the calf exhibits. In the open class against nil the stockmen in !ne county the club members won two out of four champions and three out of 10 first in the cult class. BA yearling Jersey bull owned by Othel Stroudc. selected from thn K Ttak "They'll Satisfy the Keenest Critics of Them" Clothes we are proud to show upstanding in , quality, sane in style, demonstrating as they do all that is worthy of your consid eration when buying clothes. ; . In their needlework, they reveal the mns-.. tery of finished craftsmanship. . In their style they are to the sartorial world a reve lation in leadership; in every particular by which GOOD clothes may, rightly be judged, they stand alone. " . Men's and Young Men's, .Virgin Wool, two pair pants. . . .r. . $30.00 THE NEW WHIPCORD TOP COATS JUST RECEIVED I Eugene Woolen Mills Store C. J. FULTON, Manager . 837 .Willamette Street Phone 1500 hnffT u-nn lltn 4.:n. -I.- 1.' . i,,u JUIIIUI ,-lllllllIIUIISllip. rt. yearling heifer owned by Everett Miles nf A.ln un tl-u i ..ln..:. i ; - " ...n,. ,u iiuni, mm lilt! jiiuioi- champlonshin. The senior yearling heif- .-, i-.miuiLi.-u uy vyiiesicr vi neeier or Trent. Serious Shortage of Cars Is Predicted Olympic, Wo., Sept. 21. The worst car shortage ever experienced in the west was predicted today by O, O. Cald orheud, traffic expert, Washington de partment of public works, unless ship pers coaperute with railroads by immedi ate loading and unloading of cars and by loading to full capacity. No empty cars are being sent west, he said, and loads shipped, west will now not neurly supply the demand for cars to load eastbound. Kailroads are sup plying less than fifty percent of car orders now. C'alderhead urges shippers to gut cars unloaded, loaded and moving with the smallest possible delay, as tho greatest help toward avoiding complete failure of the car supply. Western roads have fuel and motive power to handle all offerings but ou ac count of the east holding cars and tlio large amount of bad order equipments coupled with the fact that offerings for transportation are the; greatest in years, car shortage is the worst since the wur, according o C'alderhead. Bhowanda. the' choice of the smoker. HARDING TO GET DEGREE Cleveland, Ohio, Sept. 21. President Hording Avill Mceivc the thirty-thinl clnvo to be held in Cleveland some tint oeiore .1 miliary i, iii.i. The Lane County Credit Ami Iu completed credit ratings on over 'J0.000 persons in nnd around Engtne, ud pub lishes every Saturday, for the me ot IU meiuuerH ouiy, uu iuurt iiouse nans, In cluding conveyances, mortgages, suits ffl. ed. marriagea, satisfactions and nn credit ratings. Weekly luncheons if credit men will be held to discuu credit risss. iiu creun umu m usigene etn 14. ford to be without this service, CoQ n the secretary- L. M. Travis. Phone 111 lor further information. tj We Practice What We Preach. :; ' "; - ' ! - f : :. : ' "' ' For the past ten years we have tieen. preaching the Doctrine of Diversification. Our full re sources and personal efforts have been dedicated to that purpose. An inspection of the "wonderful agricultural display ami the purebred livestock at the Lane County 'Fair this week will convince anyone of the soundness of the policy. . , "WE DON'T PUT ALL OUR EGGS IN ONE , BASKET" Is being followed out in the conduct of the affairs ot this Bank. Our loans are widely distributed! among farmers, merchants, manufacturers, teachers, lawyers, doctors, advances on lumber, prunes, , grain, etc., loans on farm and city property; a substantial portion, being invested In government, county, city and school honds and commercial paper, maintaining at all times a strong CASH RE- RESOURCES n. Loans ; .". ....... Furniture and Fixtures Real Estate owned CASH RESERVE ..... Total Resources. .$697,309.55 ., 7,577.00 .- 8,894.31 . 195,966.74 .$909,747.60 LIABILITIES ; I 1 '"r7V;; Capital Stock Surplus- Undivided Profits DEPOSITS i ...$ 50,000.00 25,000.00 . . 1,492.81 . . ., 833,254.79 Tolal. Liabilities., . . . .$909,747.60 The 'Above at tbo Close of Business September 15, 1922 BANK OF COMMERCE : Growing by Helping Others. fc, .1 i : : '. i 11 l COMBINED STATEMENT OF, ! United States' National Bank of Eugene, Ore. and Eugene Loan & Savings Bank At Close of Business September 15, 1922 IS J resources -rr & m Loans and Discounts . . . . . ... . . . .$1,385,391.9.) Federal Reserve Stock .V. . . , . ... . . . ...... 6,000.00 Bonds and Warrants M. . . . . . ' 625,898. ji Bank Premises .. . .:. ... . .,. 54.5ol.40 Oilier Real Estate 17,412.00 Cash and Sight Exchange . .:. ... ". . . 378,130.al LIABILITIES T. Capital Stock ,., . ,7 . 1507000.00 Surplus and Profits - ' ' . , . . Ill ,997.5o Circulat on .. . . . 99,000.00 Deposits ..... . : : z ;zz;iy:?T.Z''Z zMw. V . ; o3.
