THE SHERMAN COUNTY JOURNAL, MORO, OREGON
Interest Rate On
Once Famed “Prima Donna of Ballad
Land Bank Loans
FRIDAY, JULY 5, 1935.
Maxine Conley
Allotment Cost
Low In County
Reduced Again
8HERMAN COUNTY HAS ONE
OF LOWEST PER BUSHEL
EXPENSE ACCOUNTS
THIRD REDUCTION IN INTER-
EST, IN THREE MONTHS
BY LAND BANK
By using the cooperative financ
ing facilities whiefh are available
through the Federal Land Bank,
local farmers may now obtain first
mortgage loans at the lowest rate
in agricultural history—4 per cent.
Passing along full benefits from
the present cheaper money mar
ket, the I^and Bank put this record
low interest rate into effect on Mon
day of tihis week (June 24), accord
ing to word received from Presi
dent E. M. Ehrhardt.
This is the third successive re
duction by this cooperative mort
gage institution in three months.
i his young Indy of eighty-seven years, Mrs. Mary Fergus, is Chicago s
On April 1 a reduction was made
own ‘Trims Dunna of Ballad.” Mrs. Fergus’ charm and talents have
from 5 per cent to 41, then to 41
entertnined. rm»
olliers. Mrs. F. D. Roosevelt. Mrs. Fergus insists
on April 10 and now to 4 per cent
»! her fmnlly piny Home mr:.!c¡:t !nr-irurio’,.i. and she
that every
on new loans closed through and
^r giandtiaiigliters the art of balhi'l slir ln^
indorsed by local borrower-owned
associations which hold an invest
Elmer Hansen of Goldendale
ment in the bank’s capital stock.
came over Saturday to visit a few
These reductions were automat
days with Elmer’s mother before
ically brought about by the market
going on to Camp Sherman to
ing of new bond issues to the in
spend a part of their annual vaca-
vesting public. The rate of interest
tion from work for the light com-
charged on new loans made through
panjA
and guaranteed by local farm loan
Bonnie Peters was rushed to the
associations may not exceed by
hospital
Tuesday morning for an
Father
of
Local
Woman
Dies
At
more than 1 per cent the rate of
emergency operation on the gall
Home Near Sisters
interest borne by bonds last issued
I bladder. She is recovering very
by the bank The recent offering
Welk
and oversubscription of 3 per cent
Eugene Courtney and Perry John
All of the carpenters in the coun
bonds thereby established the new ston were going around the county
ty
have been at the fair grounds
b^se lending rate of 4 per cent, Monday dragging the state club
allowing 1 per cent for operating scales and weighing the animals since Wednesday. To date there
expenses. Ix>ans made directly by of the club workers of the county. has not been enough lumber to
the l>ank without local associa The scales were brought from Arl keep them busy for more than a
tion indorsement bear one-half of ington for the purpose and were few hours of each day.
George McAllister and L. S.
one per cent higher rate, or 4i returned to Condon after the job
Smelser of Willamina are staying
per cent through the new reduction. was finished in this county. -
at the hotel while working on the
“While the new reduction ap
Walter Graham, father of Mrs. camp here.
plies only to new loans closed af Chester Searcy died in Bend Satur
The 4:H club cooking and judg
ter June 24, all Land Bank bor day of last week and was buried
ing demonstrations will be held at
rowers have been given a tempo at Sisters
Monday. Mr. and
rary reduction until 1938, under Mrs. Chester Searcy, Mr. and 'Mrs. the county fair which will be the
last three days in August.
special provision by congress".
Phillip Searcy, Mrs. Harry Pinker
Some improvements were made
President Ehrhardt explains. “E- ton, Mrs. Charles Ruggles and Mrs.
on the old bank brick building this
mergency I^and Bank ‘commission
Serai Searcy attended the funeral. week by Gus Schilling. Bricks
er’ loans, however, made out of a
Mr. and Mrs. Nels Hansen were
were mortared on the coping and
snecial fund, are not affected and here this
week for a visit with
the windows where they were loos«
will continue to bear 5 per cent in relatives.
ened.
terest.
Mr. and Mrs. S. L. Stewart, par-
The new floor for Bucholtz con
“The Land Bank was organized ents of Leslie Stewart, Glen Stew
in 1917 to give farmers a dependa art and wife, of Lafayette, Roy fectionery is being laid nights, and
ble source of first mortgage funds Landis and wife of Oregon City, every morning some progress has
at lowest cost, and it Ihas steadily and Leon Turner and wife of Mc been made.
fulfilled this mission, operating on Coy were here Friday to attend * Mr. and Mrs. A. Rose drove to
Bear Springs to picnic on the
the cooperative principle for con
the wedding of I>eslie Stewart and fourtH- Mrs. fCope accompanied
structive service to agriculture.”
Miss Marjorie Nahouse.
them
Simultaneous with the reduction
Mrs. Marjorie Hocks and son Bil
Arnold Landry accompanied by
of interest on new Land Bank
lie Dean of Portland came up Mon Mr. and Mrs. Charles Ruggles
loans. A. C. Adams, president of
day to spend the week with her
the 12th district Bank for Coop aunt Mrs. Jessie Henrichs. They motored to Camp Sherman on
Wednesday spending the holiday
eratives. announced a correspond
were accompanied by a friend, Miss there returning home Thursday
ing reduction of interest to 4 npr
Grace Shimmens also of Portland evening.
„„ fpcilitv loans closed after
They spent Tuesday visiting in the
Mr. and Mrs. W. J. Rhine of
June 24 to cooperative marketing
country with Mr. and Mrs. George Fresno. California, visited for a
and purchasing associations.
Hennagin.
_ ,
,
. . , ,
, , . , short time last Tuesday with Mrs.
Bob Poky 1S in the hospital with Rhine,a „
brother, A. S. John-
a wrenched back.
j
Tom Fraser, jr. is now working j „„ an<| Mrg „ A Fullcr
at
the experiment station aiding famj|y and Frank Forbes and Mis„
Misses Claudia and Dorothy
the
boys during the harvest sea- Gladys Baker spent the week end
Crites are (here from Vancouver to
son.
spend the summer with their
in Washington with relatives.
Mrs. Ray Hulse and family of
Lester Barnum spent the fourth
father.
Mr. E, B. Nelson has come from Mosier were visiting here this in Fossil with Judge Carl Hend
ricks and family.
Eugene to join his wife and daugh week.
Forrest Peetz and family were
ter.who are visiting at the Bower
Hayden Brisbine and wife from
sox home. On tiheir return home here over the week end from Zig Baker were here Sundiay to visit
Mrs. Linn Bowersox and daughter Zag returning Sunday accompanied i witlh Mr. Brisbine’s brother, Ralph
Bessie will accompany them as far* by his mother. Mrs. L. L. Peetz. and family for the day.
Agent; Banker
Weigh Calves
HARMONY NFWS
as Vancouver
Robert White of Salem is visit
ing with his aunt, yMrs.
Reese. He made the entire trip oh
his bicycle.
Mrs. Bertha McDonald fell, ser- |
iously injuring her back, iMh.’le |
feeding her chicks Sunday morning. ,
SYNOPSL
THE I
THE L
CORP. Ltd., of London. England. in the
Kingdom of Great Britain, on the Slat
day of December. 1934. made to the in
surance commissioner of the state of
Oregon, pursuant to law:
CAPITAL -
Amount of capital stock paid
up (none in the U. 8 stat
200.000 00
utory deposit) ......
I
INCOME
Net premiums received during
the year ............... .I 328.833 70
Interest, dividends and rents
«5.882 11
received during the year..
Income from other sources re
8.002 25
ceived durin« the year...
Total income ............. I 400.788 0«
DISBURSEMENTS
Net losses paid during the
year Including adjustment
145 M5 01
expenses .... .,.................. I
Commissions and salaries paid
119,01150
during the year .............
.
Taxes, licenses and fees paid
18.385 «4
during the year ........ ,.
Amount of all other expendi
135.538 13
tures ......................................
Total expenditures ... .. I S 418.500 2Ä
ASSETS
Value of stocks and bonds
owned (market value) .... 1.901.345.7«
05.100 13
Cash In banks and on hand
Premiums in course or collec
tion written since Septem
04,388 80
ber 30. 1934 ........ ,.............
Interest and rents due and
accrued ............ . ..................
Other assets ..............................
Total admitted assets. .. .11.703 003 7«
LIABILITIES
Gross claims for losses unpaid ! 41.585 00
Amount of unearned prem
iums on all outstanding _
risks _________________
374.420 0«
Due for commission and brok-
AlT other liabiiitics
i
ililf S
Total liabilities, except cap
ital ........ ..
. ............... .1 475.832
Capital paid up (none tn U.
8 statutory deposit) ....I 200 000
Surplus over all Imbilitles... 1.027.2«I
urnlus as regard policyhold
ers .....................................
,. 11.227.281
Total
...
BUSINESS IN
41
00
38
38
YEAR 1034
Net premiums received dur
0.72« 33
ing the year .... ..... ........ I
043 77
Losse* paid during the year.
Losses Incurred during the
IM 77
yr nr
......... ....... . , •
iuom
Namt* or company. United State« Branch
the London At Scottlah Aaa’c« Corp . ■
,td
ame of U B manager. R P. Barbour,
ame of aecretary. C W. .Cooper
tatutory
resident attorni
attorney for «ervlcx, ।
tatutory resident
IMiurance
Or.
.naurane* commissioner,
S
AVOID LOOKING AT THE GEARS
IN YOUR CAR
When you look at gears in your
car, you’re in the ict of parting
with important money—because you never see them unless they
are being taken out for replacement—chipped, worn and broken
by faulty lubrication. You can avoid such costly sightseeing if
you protect vital points on your car by the
VISCOTE* SYSTEM
OF CHASSIS AND GEAR LUBRICATION
•Vijcou« Coatin* for Metal
Wear-resisting, pressure-resisting, heat-resisting Viseóte lubri
cants are the finest made. In all weather, under hard driving,
they cling to the metal and give perfect lubrication. Your car
M ill last longer—with fewer repairs—if you come to us regularly
for Viseóte lukr’ '»»'on.
Moro Garage
» •
Sheriff’s SALE
Monday July 8, 1935
__ _____
IO o’clock A.M
County costs in Oregon for ad
ministering the wheat production
control plan during its first year
averaged lower than in most other
states, a compilation of expenses
issued from Washington and rece
ived by County Agent Johnston
Miss Maxine Conley. 16-year old
shows. The cost in Sherman coun
ty amounted to only .9 cents per Cove, Oregon girl will be one of
bushel which was deducted from the attendants to the queen of the
the allotment payment of 29 cents Pendleton Round-Up September 12.
a bushel.
13 and 14, the Round-Up board an
Cost in the state as a whole nounced this week. The queen.
averaged 1.3 cents a bushel, plac Helen Hansell of Athena, Oregon.
ing Oregon eighth in the list qf 37 and her court will wear the fringed I
wheat control states in economy white buckskin apparrel aueweui
affected
of operating the county associa by the “cowgirls” of the frontier |
tions. The national average was west, and will be mounted on spir-
“God’s Plan for Us” will be the
1.42 cents, ranging as high as 4.3 ited thoroughbreds. The Pendle-
The followin'»; lotto
in one state.
ton Round-Up has spent several ed recently by a conce rn that man- sermon subject at the 11 o’clock
Eastern Oregon counties with thousand dollars improving its ufactures corn syrup: : ‘‘Dear Sirs: service. Rev. I^wrence H. Mitchel-
large volume of wheat were mostly grounds this summer. Prize lists though I have taken six cans of more is the speaker.
Sunday sdhool at 10 a. nu As
low in costs, while western Oregon for contestantg will be more than your corn syrup my feet are no
this is the first Sunday of the
counties with small volume natur double the awards of last year, as better now than it ’?y
month, a missionary demonstration
ally ran higher. Gilliam and suring the cream of the country’s I started.”
is planned. C. J. Thompson, gen
Wheeler counties, with costs of .8 bucking. roping and bulldogging
eral superintendent.
cents a bushel were the lowest in contestants.
maitei- wi!h
Junior Christian Endeavor, at
this state, as well as among the
your
6:45
p. m.. George Martin, leader.
lowest in the United States. Mor
up.
row and Sherman were next with
Lüdge Nu. 121 A.F. & a . M
.9 cents.
Moro, Oregon
The official records show Sher
Meet',
the 1st and 3rd
I AM LICENSED
man county has a base wheat acre
age under the contracts totaling
by the
tate of
each month. Visiting
129.691 acres and a base produc
regon to soli
members cordially in
tion on this area of 2,207.303 bush
The
Dalles
Mayor
And
Family
vited
to
meet
with
us.
els.
cit
utomobile
U. Sparling, W. M.
The new contracts, being pre
V isit Here
nsurance
for
C. V. Belknap. Secy.
pared to take effect in 1936 and con
tinue four years, use the same gen
Moro Lodge No. 113, I. O. O. F. THE AETNA INSUR
The baseball team scheduled to
eral method in establishing base play here last Sunday did not ar-
Moro, Oregon
ANCE CO.
periods and production, though rive probably because of the fear
Meets 1st and 3rd
provision is being made for more of rain and the Ihome team had a
Tuesdays in the
I INVITE YOU TO CALL
local discretion in making adjust day of rest.
I O.O.F. hall. Tran
ments to correct obvious injustices
H E. Willerton ami family from
sient and visiting AND GET OUR FIGURES
or to allow for better crop rotation The Dalles spent Sunday here vis
brothers are cordi ON AUTOMOBILE INSUR
practices, County Agent Johnston iting at the Dick Huhman home.
ally invited to meet
has been informed.
ANCE BEFORE YOU BUY.
Mr. Willerton is mayor of his home
with us.
town.
L. O Rice N. G.
Father—Young man, last night
Mrs. Bud Coon is very il) with
Joe Truit, Secretary
I saw you kissing my daughter. pneumonia having taken the disease
Lupine Rebecca Lodge No. 116
Wlhat have you to say in explana within a few days. Cassie Holmes
Moro, Oegon
is caring for her.
tion ?
Agent
Young Man—Only that I thought
Meets 2d and 4th Tu
Jack Hosford is visiting here at
AEtna Casualty - Surety -
the Poleys for a few days before
you had gone to bed, sir.
esdays of each month
Disability
Automobile Insur
going to work on the Ruggles
Visiting members wel
Mary Lou—Mother, do mission ranch.
ance.
come.
aries go to heaven ?
Mrs. Bob Johnson is out again
Viola Hansen, N. G.
Mother—Certainly
after spending a few days in bed
Lila Bull, Secretary.
Mary Lou—Do cannibals ?
with a case qf the mumps.
Mother—I should think not.
With the mumps almost out of
Mary Lou—Well, if a cannilml the way because nearly everyone
eats missionaries he’ll have to go. has had them the whooping cough
is taking hold of the youngsters
won’t he?
and several of them have the latest
disease.
Dell Olds and family were in
Moro Friday evening to attend the
wedding of Mr. Olds’ niece, Mar
jorie Nahouse.
Mrs. Charles Engel is home
again with her new son.
QSpring Prints for your new house dress
Miss iMary Alice Morrison is
visiting here this week with her
Overalls, Jumpers, Shirts, and all kinds of
a
sister Mrs. George Wlcox.
Corliss Andrews had the misfor-
DRY GOODS
tune to wreck some parts of his
header Tuesday morning in an en-
Trade At
counter with a fence.
Mrs. J. B. Coon was hostess for
Quality
for Dress and Sport Wear the bridge club Thursday of last
Store
week.
Mrs. J. B. Eslinger is home again
from Portland where she has been
visiting for several days with rel-
Grass Valley Ball
Club Misses Game
l-John Deere wheel tractor
1-3^ bottom 16” John Deere Tractor plow
3-Superior hoe Grain Drills
2-Cheney rotary ro 1 weeders
1-6 section iron harrow
1-31 Mitchell wagon witl^ wheat rack
John Thogerson’s Ranch
2 milk cowa
Two-t-hird interest 290 growing wheat
Two-thirda interest 314 acres spring plowing
S
O
A
I
Joe Truitt
Groceries
Trust us to have the
most complete stock, not only
of staples, but of vegetables too
Holly woo d
Dresses
Smocks
$1.95 and
$2.95
• One hundred and fifty
Styles to select from, only the
;wo above prices in this line,
and in style, quality of mater
ial and tailoring there are
none Letter for the money,
and i re told at the same price
in every city in the state.
Until July
15th you can get an
extra pair of Pants
to match with an or
der for a suit for only-
$2.00
extra.
Following Articles will be sold °t----
Foss & Co. Garage
stives.
| Soybean—She got
terrible
Rollie Nunn was here for afew » shock-
days for a short visit with rel
Hotdog*—How was it?
atives.
Soybean—She was assisting at
The Tum-a-lum Company re a rummage sale at the church and
ceived the bid to fumislhi shingles she took off her new |2 hat and
for the CCC camp being erected at somebody sold it for 30 cents.
the fair grounds near Moro and de
livery has begun.
Ed Alley is driving a Ford car
of recent vintage having made a
trade in transportation recently.
Full Gospel Assembly
Charlotte Beardsley is visiting
10:00 a m.
in Condon this week as is her bro Sunday School ..
11.00 a. m.
ther, Loren, who is home from Morning Service
. 7:46 p. m.
work on the ocean bitcause of the Evening Service
Christian Science
strike
Subject: GOD
Arnold Sharp left Sunday to
work near Wd<co duringtlhehar-1 Golden Text: I Samuel 2:2. There
vest season. He is at the Patter is none holy as the Lord: for there
is none beside thee: neither is
son ranch.
there
any rock like our God.
Mn and Mrs. Engstrom and Edgar i
Responsive
'Reading: Isaiah 43:
Alley and wife visited in Ellens-'
burg. Washington, with the Man 1-4, 6, 11, 12
Grass Valley Baptist Church
uel Eslinger family last week.
Regular
service Sunday morning
Lot Rust and wife have taken
over the service station on the and eveninK- On J“1? H “<i 12
highway at Kent near the Wilson we will have the “Calvary Four”
। with, us once again. We urge the
home and have moved there.
attendance of every body». Come
C harles Carter and wife of Van
and hear these fine young men
couver. Wash., are visiting at the
from Los Angeles Bible Institute,
Tom Garrett home this week.
/
Don’t'fail to hear them.
Tom Alley and wife are visiting,
S. L. Boyce, Minister.
in Portland for a few days before
harvest.
Community Presbyterian Church
rniçgiiEs
Oregon Is Eighth In Entire List
Of States Under Wheat
Allotment
Market For Bonds Good At Low
Rate Of Interest;
Money Cheap
PAGE THREE
^Get a new Straw or
Panama Hat at our Clean
Up Prices.
J, G. Freeman
&Co. Moro
H. Zeigler’s
Classified Ads
For Sale: 16 inch dry pine and
fir wood. O. R. Hulse, Mosier.
All livestock found on Sectiohs
3, 4, South. Range 18E, to Sec. 31
4 South. Range 19E, will be taken
up by me.
I. N, Maclnnes, Kent
Weaner Pigs For Sale: Gordon
Fraser,-23 Fl 2.
For Sale: 150 head of Black Face
yearling ewes.
7-lftp
George Wilson, Kent
WANTED------ Man to Qualify
For Good Pay Position
Must now be employed, have fore
sight, fair education, mechanical in
clinations. and willing to train in
spare time or evenings to qualify
as INSTALLATION and SERVICE
expert on all types of Electric Re
frigerators and Air Conditioning
equipment.
For interview write,
giving age and present occupation.
y
TWO FASTI
TRAINS DAILY
The
The
Ar. CHICAGO . 8:50 A.M.
Air-conditioned Coache», Touriit and
Standard Sleeper», Diner, Ob»«rvation-
lounge car. Barber, Valet, Bath. Porter»
in Coache» a» well a» In the Sleeper».
Ar. CHICAGO 8:28 P.M.
Air-conditioned Coach«» and Standard
Sl««p«r>. 1 night to Salt Lok« City, Den
ver. 2 night» to Kaneos City, Omaha,
Chicago. Convenient local »chedwle».
PORTLAND
ROSE
Utilities Engineering Institute
Box 651, Beverly Hills, Calif.
— CITY Of fOUTLAND
NOW IN SIRVICK
Dr. J. A. BUTLER
DENTIST
HOME OFFICE, WASCO
DENTAL X RAY SERVICE
In Moro the First Week
in Each Month
NO EXTRA FARE
39M hour», Portland to Chicago. SI m "«ailing«” monthly. Iv.
Portland ht, 6th, 11th, 16th, 21«», 26th, 3.45 p. m. Lv. Chicago
3rd, 8th, 13th, 18th, 23rd, 28th, 6.15p.m. Dlnar-lovnao, cooch-
bvff»Lthr«o standard Pullman». Complatoly alr-condittanod.
CAUTION: The Streamliner rune at high rate «f apead.
L*>ok! Liaten! before croaaing tracia.
Stop!
ION PACIFIC
4