Sherman County observer., October 09, 1925, Image 1

•HERMAN
B5ERVER
HI
-Jr
Moro, Sherman County,4 Oregon, Friday, October 9, 1925
Established 1887
W* G BRYANT
WORK ON PROJECTS
TO START SOON
ROBERT T. LINCOLN
IRA M. PETERSON
of Oregon
Main 541
BANK OF MORO BUILDING
Oregon
Moro
Dr J- R. Morgan
DENTIST
United States Dental Exam*
iner for this district.
Office at
MORO, OREGON
Dr. M. F. Froyd
Physician and Surgeon
. Office and Residence
Hotel Moro
MUCH
Dr. J. A. Wonderlick
1.
5.
0.
7.
8.
8.
10.
Office in McKee Building
Phon« No. 182
15.
WASCO. OREGON
Dr W. N. Morse
Physician and Surgeon
WASCO, OREGON
Phone No. 182
'
AND
THE DALLES, OREGON
Office «t the Hamilton Hospital
Phone No. Hospital 487
I
I IH l'4‘ I I I I 1 I H I I I I I ! I » H
De Larhue
Optical Co.
i’
Eyesight Specialists
Manufacturing Optician*
; Eye* Examined Glome* Fitted
Exclusively Optical
<’ Complete Lens Manufacturing
Plant in Connection
OREGON
THE DALLES
15-16 Vogt Block.
J
11 1 1 1 1 M I 1 1 I I ' I M 11 11 1 I »
<4444 U H * U 1111 ih « > *++
JAMES STEWART
SHERMAN COUNTY
STOCK AND BRAND
INSPECTOR
Moro - - O t » im
J I DEPUTIES: L. Schsdewits, Kent,
* 1 Oregon; Dr. Jo*. Ssunder*. Moro,
• • Ore.; W. H. Merer, Wuco, Ore.
» I 1 I I 1 -b l Illi 4.4-H-W-4-4-W-
STOCK & WHEAT
RANCHES
/ FOR SALE
y.T, HURLBURT
U hot Mrâ Stmt, o*p. Gant«
C m 4 m • • Onto«
ing, the permanent school and the
veterans’ bond retirement fund are
ovdr the $1,000,000 mark.
- New Yorif.—After a final appeal tc
“the heart of America,” Joseph Call
laux, minister of finance and mem
her* of the Frem h debt commission
sailed back iMNn© on the liner France.
“Orle
disappointed” over fail-
■•settlement of France’s
(4,200,000,1
debt. M. Caillaux said
hl* country w«ekl do everything with
er strength to pay
1 in I
he might return to
the
Washington in six kiotiths to resume
negotiations.
He was uncertain whether the
French parliament would accept the
five year temporary agreement with
payments of $40,000,000 a year propos
ed by the American commissioners
He had power to sign a complete fund
Ing agreement, he said.
The disappointment expressed by
M. Caillaux was manifest in Washing
ton and Paris, the stock exchange and
the bourse, where the franc and
French bonds slumped.
President
Coolidge, though he earnestly desir
«»I a final settlero nt. believes that the
American eonfrmissioner* made every
possible concessi* n P.ankers ar in
a quandary. They said large volume
of French loans might be hold up in
definitely and art anxiously awaiting
Jor Secretary Kelicrg to clear up th*
government's attitude toward nev
French loans. Prior to the confer
enee Kranee had been expected 10
ask for a $190,000,000 loan this winti r
WAR DEPARTMENT
TO TRY MITCHELL
Reserve District No. 12
Charter No. 240
REPORT OF CONDITION OF THE FARMERS STATE BANK
at Moro in the State of Oregon at the close of business September 28, 1925.
Physician
and Surgeon
Residence One Block South East
Phone No. 183
.
OLYMPIA
Robert T. Lincoln, son and only
living descendant of Abraham Lincoln,
who recently celebrated his eighty-
sscond birthday. Mr. Lincoln Ilves in
Georgetown, near Washington.
State’s Balance Exceeds $15,000,000 at Coolidge Believe* Ship Board Erred.
End of September.
Washington, D. C. — The shipping
Olympia, Wash.—With receipts of | board, in the opinion of President
$399,978 59 and expenditures by war । Coolidge, acted unwisely in stripping
rant* paid of $321,642.94 for the week I
' President Palmer of the fleet corpora-
ending September 30, but little change ' tion of his powers, but it was Indicat
wa* made in the total state cash bal­ 1 ed at the White House that he coqtem
ance remaining at $15,473,668 99 as platen no new move a* a result of the
shown by th« report of W. G. Pott*, hoar J’s attitude.
state treasurer.
" Th«’general fund still remains tôp- •• Au*6 Freighters Must Hsvo P«rr»i
¿an Francisco.—Automobile fretg.
sid« of $4,000,000“ with $4.104.071,
while the motor vehicle fund is slip­ /u« ks operating In California are un
ping, under requirements of state ’.sr the jursidlctlon of the state rail
highway work, and holds but $2,556.- - ad commission as “common car
:< s" and as such must have a per
365. The accident fund is up to $1,-
736,649, while th« reclamation rev-’v m I to operate.1
2.
4"
CASH AT
..11SSI0N
GOES HOME
Finance Miateter Caillaux De
dares W|s Parliament
May Befuse Plans.
Washington, D. C.—Plans ar« now
well under way to insure “without la-
temiptlon” the irrigation development
of the West, Elwood Mead, commis
sloner of the bureau of reclamation
Office Phone «Main 93
announced.
'
Mead
denied
reports
that there has
Oregon
Moro
been needles« delay la carrying out
projects for which appropriations
OOOQOOOOCXXXXXXXJOOOOOOOOQO were made by the last congress.
The bureau desires to carry out the
purposes irf the reclamation act of
1124, and tc build projects wherever
s sound economic development is as­
sured. he naM.
“The situation en old projects, the
Attorney-at-Law
IB it tee and the hearings of the last
congress make it evident that there
has been too great haste in the past
in beginning construction,” Mead said.
Increased costs of construction, de­
lay in organising the water users in
some instances and failure of the
states to provide their share of the
cost were given by Mead as main
causes of the present delay in getting
new projects started.
FRENCH
ON
RESOURCES
T^an* and digeount*, including rediscounts shown in items
29 and 30, if any. ................................................... ........... '.......... _
Overdrafts secured and unsecured .............. i.......................
U. S. government securities owned, including those shown
in items 30 and 35, if any............ . .. .....................................
Stocks, securities, claims, liens, judgments, etc....................
Banking house, $............ ; furniture and fixtures, $1,680.00
Real estate owned other than banking house................
(a) Lawful reserve with federal reserve bank..............
(be) Cash on hsnd in vault and due from other banks,
bankers and trust companies...................................
Exchanges for clearing house and items on other banks in
the same city or town as reporting bank ................................
Total cash and due from banks, items 8, 9, 10,
and 11, .........................................................................$43,746.75
Other assets, if any ..................................................... ................
Total
LIABILITIES
16. Capital stock paid in ................................ .............
17. Surplus fund . .. .*.....................................................
18. (a). Undivided profit*............................. ................ $7,075.75
(b) Less current expenses, interest and taxes
6,855.78
paid ..............................................................................
Demand Deposit», other than banks, subject to reserve:
23. Individual deposits subject to check, including deposits
due the State of Oregon, co-ary, cities or other public
funds ......... ,....................................................................................
Total of demand deposits, other than bank deposits, sub­
ject to reserve, items 23, 24, 25, 26
$134,894.87
Washington, D. C. — Military pro
ce,'ure looking to a court-martial of
'’olonel William Mitchel! for MSub-
>rdin( t’on was-formally started when
war department officials advised the
war department critic to appear be
$150,519.00 fo’ e the inspector general of the army
872.94
Monday.
At that time Mitchell was served
5,000.00
1,600.00 with a copy of the department's evi­
1,680.00 dence against him
168.00
After he ropl'.s*. Acting Secretary
10,601.93 of War Davis will decide whether to
32,«90.94 order a courtmart'al. He may reply
verbally at once or ho may fake sev
453.88 era! days to draw up a formal reply.
Mitchell will not be allowed to at­
tend the American Legion convention
1.957.22
at Omaha or the international air
$205,543.91
................................................
......................
races at New York in the next two
weeks, It was said at the war depart
$ 45,000.00 ment.
- 5,000.00
OUR AIM:
ro SERVE
YOU WELL
AND
FAITHFULLY
—ALWAYS
Price Five Cénits
Y \ II "Lm
1ft ' INSlirun(JN^ I
J Lienney Vo
RATION-WIDE
DEPARTMENT STORES
WHERE
SAVINGS
ARE
GREATEST
THRUOUT
THE YEAR
The Dalles, Oregon
Pleasing New Silk Dresses
The Latest Styles—-The Lowest Prices!
.Ask your friend where she
bought her fascinating new
fiock, and she’s sure to tell
, ou, “At the J. C. Penney
Company, of course! Come
to see our styles for yourself
Captivating Flares
' You’ll like the lively flares
which feature many dresses.
They are piquant, becoming,
and modish. There are fash­
ions here for every type of
woman.
-14.7
We have a delightful group
of Silk Dresses at this low
price. Our Buyers in New
York have selected these as
the best values and styles of
the season.
Showy Satin Fabrics
Aren’t you glad that the
satin materials are again all
he rage? They make such
.»TLceful dresses! The trim-
mingf include new novelty
cli^.Ly of every description.
In Black and
All the Most
Modish Colon
Open Saturday Nights Until Nine O’clock
Mail Orders Filled Rromptlv
PRAGUE DISPUTES DEBT
219.97
Debtor Government Said to Have
Sought to Pare Down Figure*.
Washington, 1). C.—A phase hitherto
absent from America’s international
debt funding negotiations — a sharp
controversy over the amount of the
able on demand or subject to notice:
obligation — stands out as the chief
27. lime certificates of deposit outstanding.............. ;«...........
15,929.07 problem confronting the American
Total of time and savings deposits payable on demand or
debt commission and representatives of
subject to notice, items 27 and 28,
. . $15,929.07
the Csecho-SlovakHn government in
31. Bills payable with federal reserve bank or with other
banks or trust companies ...................................................
4,500.0C their forthcoming discussions.
record* show the Ctecho-
Total ................
.. .................... Treasury
...........................
$205,543?91
Slovakian debt to be $91,879,671 in
STATE OF OREGON, County of Sherman, ss.
I, J. L Searcy, cashier of thq stove named bank, do solemnly swear principal and $25.799.424 in interest to
that the above statement is true to the best of my knowledge and belief. May 16. CommunlcAtlons from the
Prague government, however, have
- Correct—Attests-------
J. L. Searcy, Gashter.
W. H Ragsdale, 0. L. Belshe, Directors.
sought to pare down the total of $117,-
679,095 thus shown, and there have
Subscribed and sworn to before me thi* 7th day of October, 1925.
I. M. Peterson, Notary Public, my commission expires June 13th, 1928. been frequent • '-change« on the sub­
ject between ofiielals of the two na­
tions since 1922 The Czecho slova­
Charter No. 216
Reserve District No. 12
kian government sent a delegation
here in 1923 to attempt an adjustment,
REPORT OF CONDITION OF THE BANK OF MORO
at Moro, in the State of Oregon at the c’ose of business September 28, 1925. but the conversations were futile.
134,894.87
. .
RESOURCES
Wood Supporter* Are Asked to
Loans and discounts, including rediscounts shown in items
Chicago, IUA Mombers of the Gem
29 and 30, if any .>............................................. . . ................... $215,458.70
eral
Wood presidential ©ompaign com-
2. Overdrafts secured and unsecured .......................................
4,459.48
6. Banking house, $......; furniture and fixtures, $2,245.00
2,245.00 mittee of 1930 a c«. asked to pay pro
9. (ab) Cash on hihd in vault and due from banks, bankers
rata to Colonel William Cooper Proc­
and ».trust companies designated and approved reserve
ter, Cincinnati sodp manufacturer,
agents of this bank ...........................
,
.
81,318.30 who was cnalrnian and financial angel
10. Exchanges for clearing house ,gnd items on other banks
of the Wood candidacy, the total of
in the same city or town as reporting bank.................
806.92
1500,000 in his siMt pending here. The
11. Checks pn banks outside cHy gr (own of reporting bank
and other cash items . ......... t... .... .... .................................................................
141.03 verdict for 162,897 against- Colonel A.
Total cash and due from banks, items 8, 9,
A. Sprague.df Chicago who was treas
10, and 11, ................................................................. $32,206.25
urer of th* Wood campaign, return­
Total
$254,429.43 ed last week in favor Of Colonel Proc­
ter clears the way for the larger suit.
;
LIABILITIES
16. Capital stock paid in ......................... 7,7........................
25,000.00
17. Surplus fund ...................................................L
. * j'
25,000.00 High-Proof Liquor Returns to Russia-
18, (a) Undivided profits
, ;. ’ ’ ’ . $14 407.94
Moscow.—After 11 years of partial
(b) (Less current expenses, interest and taxes
prohibition Russia Sunday became
paid
..........................................M . 11,716.22 7
2,691.72 completely wet Whiskey, brandy and
21. Net amount due to other banks, bankers and trust
companies ■......................... ............................... 1k.
860.74 liquor* containing 60 per cent of al­
Demand Depo*it«, other than banks, subject to reserve : ’
cohol and vodka of 48 per cent alcohol
23. Individual deposits subject to cheek, including deposits
again appeared In the cafes, restaur
due the State of Oregon, county, cities or other public
ants and stores Heretofore the gov
funds ....................
.
127,150.90 ernment has maintained a monopoly
Total of demand deposit«, other than bank deposits, sub­
ject to reserve, items 23, 24, 25, 26,. ..... . $127,150.90
of the manufacture and kale of spirit
Time and Saving* Deposit*, subject to reserve «nd pay­
uous liquors but under the new order
able on demand or subjectKto notice:
'
w
private
individual* will be permitted
27. lime certificates of deposit outstanding.............................. ~ 73 726 07
to make and sell liquor*.
Total of time and savings deposit payable on demand or
subject to notice, items 27-and 28, .............. ... $73,^¿6.^)7 -
Total ...........................................................^t.\. ^54,429.43 • Birmingham Man Head of Bankers.
Atlantic City.—The American Bank­
STATE 01* OREGON, County of Sherman, sg.
' t
ers
’ association elected Oscar Wells of
ak x !»
cashier of the above named bank, do solemnlv
a the above statement is true to the best of my knowledge and belief. ”. Birmingham, Ala„ as Its now presi­
dent and adopted resolution* urging
vurrcci*“—Attest
*" ■« v 'ii1
E. O. McCoy, R. fi. Atwood, L. Barnum, Directors,
perpetuation of the federal reserve
w rSu»Ürib«edx^
beiore me
8th day of October, 1925
system.
wl
•
W. c. Bryant, Notary Public, my commission expires September 28, 1928.
TRIAL OF CONVICT
LEADER IS BEGUN
S^lem, Or.—Tom Murray, alleged'
leader of the trio of state prison con
vfets who shot their way to freedom ।
on the evening of August 12, will go
to trial for his life in the circuit court ।
here, charged with the murder of John.
Sweeney, one of the two priaop guard?
killed during the break.
A motion for th© postponement oi
the trial, filed by Will R. King, at <
torney for Murray, was over ruled by
Circuit Judge Percy R. Kelly and the
trial is to proceed as originally sched
uled.. In company with Ellsworth
Kelley, James Wlllo* and Bert “Ore |
gon” Jonos. Murray shot his way tc
freedom.
Two guards, J. M. Holman. 62, and
John Sweeney, 60, were killed by tht
convicts and “Oregon” Jones was aU<
slain.
Murray, who is but 22 years of ag(
but the possessor of a criminal record
which dates back to the days of th»
war. will first face the court on th»
indictment returned by the Marlor
county grand Jury in August, charginf
murder in the first degree for th<
death of Mr. Sweeney.
Similar indictments were returned
against Kelley and WlHos and th«
trio were also indicted again for th:
murder of Mr. Holman. The three ar:
to be tried separately» Murray beinf
the first to face the court.
BRIEF GENERAL NEWS
President Coolidge has designator
the week of November 16 as Amur
lean education wfeek.
A drive has begun to raise $5.500.
000 for memorials to Woodrow Wilsoi j
In AVashington and at PriDeeton uni
versity. "—
The biggest prohibition campaign
yet attempted in Greaj Britain is about.
to bo launched after many months o;
secret preparation.
Robert M. LaFollette, Jr., not onlj
rolled up a majority in excess of 130,
000 votes In the special election tc
sur',eod hie father ns senator frnn
1
-
T
COLONEL MITCHELL
RAILWAY HEARING
OPENS IN PORTLAND
Portland. Or. — Representatives oi
the two most powerful railroad group*
of the west gathered here to *atct
their wits at the Interstate Commerc*
hearing Monday on the Central Oro
gon rail controversy.
On one hand were leading exe< u
tlves of the Northern Pacific and
Great Northern railroads, anxious ti
push their lines from Bend to KI hiyi
ath Falls and possibly still farthei
southward.
On the other hand were chiefs o
the Southern Pacific company and its
allies, eager to defend present domi
nance of the Klamath basin and North
ern California to carry out a rail con
struction program without interfer r
ence of the northern lines.
Rumblings of the approaching bat
tie have been heard for the past sii
month*. In rapid sequence five ap
plications seeking authority to extenc
and develop rail routes in south cen
tral Oregon have been filed with th*
Interstate Commerce commission. \
Col. William Mitchell, who was sus­
These applications involve projectec
pended from active eervlce for his at­
Investments of approximately $30,000.
tacks on the army and navy air serw
000 and presage the establishment oi
Icos.
new trade routes on the Pacific coast
The commission has grouped thes«
Wisconsin but carried 70 out of th« five applications together Jor ont
71 counties in the state.
hearing.
John W. Leedy, ex governor o:
American state of Kansas, announce!
Thirty-two per cent of the students
candidacy as independent farmer foi who enter Portland high schools com­
member of Canadian house of com plete the high school course, while
mons. Leedy has been a resident o: the average for the United States as
Alberta 18 yeafs and Is a British sub a whole is only a trifle more than 20
Ject.
per cent.
Tsklng direct issue with Colon©
Fourteen sots of farm buildings on
William Mitchell’s charges, Command the newisite of the Southern Pacfthi
er John Rodgers, a witness before th! terminals adjoining Eugene have been
president's air board, issued a chai sold by the Eugene Terminal comf^ay
lenge to anyone to n^k© "a Just critic and some of them, ^re, now being mov­
Ism” of the. arrangements for th< ed off the met.
Hawaiian flight of the PN-9 No. 1.
Two thousand trout fry from th«
Rock Creek trout hatchery have been
Th* Other Fellow—That Is.
released in Chevlg^y sad Hemlack
Any first-class whlttler can think up
¿reek*, tributaries of the North Ump-
a lot of things a fellow ought to
qua
rivtr..Th«*« MHaMB formerly
able to make a fortune but of.—Balti*
had no fish la tb*m.
more Sun,