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.