Image provided by: Sherman County Historical Museum; Moro, OR
About Sherman County observer. (Moro, Sherman County, Or.) 1897-1931 | View Entire Issue (Oct. 21, 1927)
»BMW» —- • * / ■ y 1 «ï t- W4 r et A W m rssEB *& i - ä State Progect Flayed On SUU Grain Mill North Dakota’s experiment in pah in which |4,5Q0,000 of public . Price Five Cents Moro, Sherman Coimty, Oregon, Friday. October 21, 1927 ished 1887 - due in the main to three general factors— \ - * Excessive prices paid for wheat, not to North Dakota farmers, but to certain commission firms which ap parently were especially favored. / Sales of flour in large flvantities to eastern firms at a price less than the cost of materials and transpor tation. Utter lack of cooperation between the purchasing and sales departments of the enterprise. " The general view taken by the supporters of the state ownership plan is that the revelations of the Oregon’» Populatin’ Sam Kowr, Secretary of State Says Oregon’s Population Ha» Passed The Million Mark It 1* an established principal of poüttèsh and social economics that Oregon’s population Is the unprece dented »expansion oTthe state’s high way system. Consjftftion of thou sands of miles of flfle, broad roads, with easy grades, hadWde it possible to reach practically fl^ery section of the state, many of which previously were inaccessible «ftep1 at certain times of the year. The state of Oregon, known thru- out the nation since pioneer days as a veritable “land ofHpromise” Anally is coming n ent of its ui bounded Turr • agrieultur.. and nlbi-. while grad »I l taking nt new aet’.t- •nd 4h< ¿Ame "T a uMUen and * rich return« h«*s teevvitH L:r JUdl mines, vast f ..v-^ xarn 16 grain and fruit lands, ideal climate and geo graphical locatfun all Unite as a pow 2rful magnet to draw faomeseekers to 1 thi* state. It is safe to predict that the ratio^of population gain will ad vance rapidly in the inSn vdiate future and that the federal »ensus of J930 will bear out the claim of those who hold Oregon’s future near and dear to their hearts. 4« Hallowe'en population go hand in hand. The com munity, state or nation which is mark ed by a steady expansion of business, Industry and wealth, of necessity reT cords a proportionate increase in the number of its inhabitants. The co verse of this proposition equally Is has been mismanaged. true and recognized. 1926, Governor A. G. 8orlie has been The estimate that Oregon now has a in full charge of the mill and elevator 'population pf more than 1,000,000 is Poultry breeders x>f the United _» since that time. According to the committee’s re SUtes sold about 800,000,900 baby based upon careful calculation of the port, losses incurred by the enterprise chicks last year. Egg production in ratio of the school population to the , during the period of slightly more the United States. was at the rate of total population dating back as far as than four'years it has been in opera about 760 eggs each second, or 2,000,- 1910. In that year children of school ■ age formed 25.52 per cent of the total tion, amounted on July 1st, to $1,- 000,000 dozen in the year. population of Oregon. Ten years later 360,889. Thu year 1926 was the most this ratio was 2^.30 per cent. These disastrous of all, losses amounting to Chickens that come home to roost figures are determined from the fed . $428,000. This loss, the committee found, was have mor» sense than some people, y eral and the state school census taken in the yearu mentioned and covering every district Jn the state. Buying in Quantities Reserve District No. 12 A school district census taken in Charter No. 216 Oetober, 1926, showed that there REPORT OF CONDITION OF THE BANK OF MORO were 256,884 children in Oregon., To Industrial ConiuiMr» of Electricity at Moro, in the State of Oregon, at the close of business Oetober 10, 1927 Obtain Low Rates these figures have been applied the . £ RESOURCES ratio of 26.41 per cent (an average of AMERICAN LEGION COMMUNITY HALL -1; Loan» and discount*, including rediscount^, acceptancesj of those for 1910 and 1920,) which give The difference between electrical bill, of sTrhenge, sold with endorsement of the bank (in cluding item* shown in 29, 80 and 32, if any) ... .^. $156,095.84 an estimated population for 1926 of rates for industry and for domestic 951.84 997,098, a gain of 213,709 over fed 2. Overdraft» secured and unsecured................ ........................ 2,422.15 eral census figures of 788,389 for use is the same differt nee between 5. Stock*, »acuritie*, elate*, lien», judgment*, «*4 ••••:• the buying power of a wholesale 2,150.00 6 Ranking hou*e, $........... . furniture and fixtures, $2150.00 685.00 1920. Employing thexsame ratio of house and an indiridb al customer. 7. Real ««tete owned other than banking house ... - increase for the period since 1920, The Industrial customer buys in largo o • /.hi rush nn hand in vault and due from bank*, bankers Oregon can justly boast an approxi and tmet companies designated and approve« reserve 76,221.09 mate population of slightly over quantities and uses it over the entice ■gonte of thi* bank . *« • • • • * • ..................... * • • • • • • • ’ ‘ working hours of the day andTn many 10. Exchanges for clearing house and item* on other banks 1,000,000. . cases over the entirf twenty-foup 1,521.82 in the same city or town as reporting bank................ While these estimates necessarily hours« while a domestic customer buys Total cash and due from banka, item* 8, 0, MUSIC FURNISHED BY are approximate, they are neverthe his electrical energy in small quan 10 and 11 .................... ......$77,742.91 $240,047.24 less conservative, and it is highly Tftal............................... tities and uses it only a few hours a probable that an actual census of this day. The industrial consumer uses LIABILITIES’ 25,000.00 state would show an even larger in not only one unit of'power but hun 16. Capital »tock paid ft . rrr......... .......................... .............. 5,000.00 crease than shown in the calculation.. dreds of thousands, whil< a domestic 17. Surplus fund ^.. 4.................. ............................ ¿¡I>70 ¿4 Many and decidedly interesting as consumer using one unit of power will 18. (a) Undivided profit« .... .... ......... $14,679.87 pects of this increase in Oregon's pop have a daily use of energy based on (b) Lea* current expenses, interest and 1,959.13 ulation are disclosed by a careful an Dancing 9 p. m. till 1, a. taxes paid ¿ *. ...................................... \ pia,Tigv. about 10 per cent use ai that unit or 21. Net amount* due to other banks, banker* and trust ... 86.09 alysis of the detailed tabulation. two and one-half hours daily, and companies ’---------- - - -.................................. It will be seen that the advance in seldom requires more than one unit ■Mt», other than banka, subject to reserve: population has been general, although of power or aPTlus um . 23. Individual deposit* subject to check,♦including deposits Prizes Given for Most Unique and for Best Sustained Characters due the State of Oregon, county, cities or other public it has been more marked in some sec deliver f power to t' 128,380.66 tions of the state than others. In a consum< i tin." Total ol demand deposits, other than bank depoâts, few isolated instances there have been “A Mask isNoti Costume” feet to reserve. items 23. 24, 25, 26 .................. $128,380.66 at recorded apparent losses? but already make the ihcbistrml 1 able on demand or subject to notice: , 79,621.36 the places so affected are reviving, compart i with tin. kir.»* 27. Time certificates of deposit outstanding......... .. Absolutely no one Allowed on the Dance Floor Without a Costume before the due to an improvement in' business .V__________ 4-1 Aposit payable on demand or Total of time and saving* savings Apoait p activities. .$79,621.36 subject to notice, items 27 and <8 . Grand March at 11 p.' m. Oregon has just struck its real .. f ............ <240,047.24 Total Moon Fanning stride in the onward march of pros STATE OF OREGON, County oi Sherman, ss. • L F E. Fortner, cashier of the above named bank, do solemnly swear perity and in the next few years much Spectators 26c Dance Ticket $1.00 Moon fanning, according to the improvement in the state generally that the above statement is true to the. best of my knpwledge and belief. Weather Bureau, is “moonshine.’ It Correct—Attest “ F. E. Fortner, Cashier will be evidenced. E. D. McCoy, L. Barnum, J. W. Hoech, Director*. Growth in population has been has absolutely no support from any Subscribed and «worn before me this 14th day of October, 1927. more marked in those counties of Ore scientific point of view. By “moon J. L. Searcy, Notary Public, my commission expires March 3, 1930. gon which are to the west of the Cas- farming” is meant sowing or reaping, cates. Failure of some of the coun breeding or butchering, shingling or ties in the eastern part of the state shearing, or any ot,her farm activities Reserve District No. 12 Charter No. 240 to show any great increase in popu supposed to be affected by the “dark” NOTICE OF SCHOOL MEETING , Railroads and Insurance REPORT OF CONDITION OF THE FARMERS STATE BANK lation may be attribute to the fact or the “light” or some other phase of at Moro, in the State of Oregon, at the elose of business Oetober 10, 1927 that the decade following the great the moon. The chief things affecting NOTICE IS HEREBY GIVEN to the legal voters of School District One of the most unusal, complete No. 17 of Sherman County, State of Oregon, that a School Meeting of said -7 > , 9 RESOURCES war there were times when industries the growth of crops at any £tage are: district will be held at the school house, on the 7th day of November. 1927, 1. Loans and discounts, including rediscounts, acceptances or upon which these sections were de Temperature and moist are conditions an3 fascinating articles written on the at 2:00 o’clock in the afternoon for the purpose of. discussing the budget bills of exchange, »old with endorsement of the bank (in of soil and air; composition of ad progress of a single industry in the hereinafter set out with the levying board, and to vote on the proposition $192,826.55 pended found themselves almost at a cluding item* shown in 29, 30 and 32, if any)........... jacent atmosphere; "kind antHntensity nation, links the railronrts and insur of levying a ipectsl district tax.---------- ~ ----- 7 4 „ kk standstill, morer dr less bedfihned, and 1,303.41 2. Overdraft« secured and unsecured ................... The total amount of money needed by the said school district during the of light; presence, or absence, and ance in definite cooperation. This ar this industrial depression naturally 8. U.,S. government securities owned, including those shown year >ginning on June 30. 1928, and ending June 30, 1929, is esti 5,000.00 was not conductive to an increase in severity of plant disease; mechanical ticle is entitled “Driving the Iron fiscal in items M) and 35, if any.................................................... mated in the following budget and includes the amount to be received from 1,600.00 condition of soil, loose or compact; Horse by Insurance” and appears in the county school fund, state school fund, etehnentary school fund, special 5. Stocks, in Federal Reserve Bank............................................. 1,808.00 population. Recently, however, there 6. Furniture and» fixtures ............................................................ fertility of the soil, and quantity of the September number of “Safe district tax, and all other moneys ^f the district: has been a marked improvement in . 1.00 7. Real estate owned other than banking house...................... 12,047.09 many of these activities with a result other vegetation, or weeds, present. guarding America Against Fire,” the I BUDGET 8. (a) lawful reeerve with federal reserve bank.................... ant infiu^ of population. -In the grain Meteorologists can show that the official publication of The National 8. (be) Cash on hand in vault and due from other banks, ESTIMATED EXPENDITURES 16.9Q2.90 belt better prices for wheat have re moon has nothing to do with any of Board of Fire Underwriters in New banker* and trust companies ............... •• 11. Checks oil banks outside city or town of reporting bank No. Salaries per year Personal Service 221.65 sulted in increased acreage and grow these conditions affecting crops. It York. 2000.00 and other cash items.............. -.... • • • • • • • ................ 2000.00 Principals ’ . ....... * In thb article facts are presented has no influence on weather or soil. ers have found a proportioately ready 8750.00 <otal cash aqd due from banks, items 8, 9, 10, < 8750.00 7 Teachers ................ which figure importantly in the eco 900.00 and 11 ....... ....................... $29,?51.64 market. Cattle and sheep growers, 900.00 Janitors ............... 50.00 nomic structure of every business in 15. Other assets, if any, 13 Liberty Bell Banks . . ..................... _ _____ 13.00 whose business for a long time was in I 50.00 1 Clerk...................... 50.00 $231,803.60 the “doldrums’j now are enjoying the I Gasoline Cheap every community of every city in the Total .... .-riTT-.T-rj . t . ^ .^<»» Other services ... . 11750.00 Totals ............... nation. Insurance is indicated as the benefit of better prices. . LIABILITIES - Material» and Supplie» With greater activity in lumber,! 150.00 45,000.00 Commenting on problems confront prime factor making safe the way and « Furniture (desks, stoves, curtains, etc.) < 16. Capital stock paid in ................................................................ 420.00 6,000.00 Supplies (chalk, erasers, etc.) ............... * dde in a measure to the expansion oil ing the oil industry as the result of sure the credit for the existence and 17. Surplus-fund ........................................................... .. • • • • • • • • 75.00 Library books ...............................>............... 18. (a) Undivided profits ............................................ ,<10,814.78 Oregon’s railroad system, much, of the overproduction, Secretary Hubert advancement of railroads, as it does 10.00 Flags ............. .................................................. (b) Lea current expenses, interest and taxes with all business. The progress of 100.00 3,555.79 wealth of the state ^finding its way Work says: Playground equipment ................................. paid ...... ....................................................... $7,258.94 100.00 to the markets of the world. More “The single item oCgas^pe prices America, its prosperity and the in \ Janitor's supplies .......................................... Demand Deposits, other than banks, subject to reserve: 1000.00 Fuel ............ .’..v........................................ and more is the country awaking to may obscure our long-distance vision fluences of our present day civiliza 23. Individual deposits subject to check, including deposits 150.00 Light........................ ............ • < ................. y du« the State of Oregon, county, cities or other public the fact that Oregon’s value as a pro of the larger problem. The owners of tion, happiness and Some life is point 250.00 158,650.24 Water................................................................ funds ... *.......... .. ducer of fruits, berries and produce J more than 22 million automobiles in ed out as the result of the advance 50.00 Postage, stationery and printing ............... Total of demand deposits, other than bank deposits, sub 2285.00 of the first quality has begun to be the United States are interested in the ment of railroads with the aid of in Totals ........................................................... ject to reserve, items 23, 24/25, 26..................... $158,650.24 realized. In many sections the last price of gasqline. When gasoline surance. Maintenance and Repair»: Tim* and Saving» Dapo»ita, subject to reserve and pay 600.00 Building and grounds............................... able on demand or subject to notice: ' • year or two have seen the erection of price are discussed, consumers are in 600.00 18,597.57 ' Total ........................................................... 27. Time certificates of deposit outstanding.................... .. large cannjng and preserving plants clined to remember the days of. low Total of time and savings deposits payable on demand or Facts Offset Propaganda Indebtedne»»: representing investments of millions prices and forget that gasoline prices 2020.00 Bonded and interest thereon..... ... .......... subject to notice, items 27 and 28..................... $18,597.57 2020.00 of dollars which are backed by great have repeatedly risen to higher levels $231,808.60 Total ............................................................. Total........................................................................ resources. than prevail at the present time. Billions of dollars in gold, silver, 300.00 STATE OF OREGON, County of Sherman, s*. Total............................................................................ Another cause io which has been “Another element in the reUil price copper, lead and zinc have been I S. W. Searcy, cashier of the above named bank, do solemnly swear Miaeoilanooua: 25.00 ’ that the above statement is true to the best of my knowledge and belief. attributed the marked increase in of gasoline that frequently is over- mined by hundreds of thousands of Premium clerk’s bond ................................................ 15.00 ' looked in comparing prices With those miners, and this immense new wealth Correct Attest: • 3. W. Searcy, Cashier. Audit of clerk’s books................................................ 40.00 W. F. Jackson, Omer G. Sayre, O. L. Belshe, Directors. of former, days is that now practically has greatly made possible the premier Totals......... .............................................................. Why We Are Rich Emergency: every state in the country collects a financial position of the United States Subscribed and sworn to before me this 13th day of October. 1927. 400.00 /R. J. Ginn, Notary Public, my Commission "expires October 5, 1938. tax on gasoline, the amount ranging among Rations. This great wealth 400.00 It is doubtful if any of the various Total ............. ............ * • • • . ............... e h ’ 2 from one to five cents a gallon. This has been used overhand over again Total estimated amount of money for all pur reasons advanced for the constant in 17395.00 tax added to the retail price of gaso developing other lines of endeàvpr poses during the year ...................... i................... . crease in this country’s wealth are line has confused the public in that and furnishing employment for mil ESTIMATED RECEIPTS more pertinent than thè results of a too often the consumer places upon lions of workers. The mines are the From county school fund during the coming school study recently made by the Census 1000.00 the oil industry the entire blame far backbone, of the nation and the nation Bureau on the average industrial out From ^tate school fund during the coming school increased prices. ” should$H|ow this, so that when laws put per worker. The study showed 190.00 .......................... .. ...a"1. are proposed to cripple this great in From year that in 1925 each worker was respon elementary school fund during the coming 1500.00 dustry the American public will rise • school year .................................................. ’ ’J ’ » sible for an output of $7,479 worth of Don’t have the same menu every up in protest. * ' Estimate of probable unexpended balance at end or » goods, the total output' haring been j 3600.00 current year ............................ •• • • • • • • • • • • • time yoR (.entertain. Plan several Schools and Colleges should teach $62,706,000. Both figures were new Estimated amount to be received from all other good “ company ” menus, according to the value of the nation’s immen^ 1600.00 high records, and though no similar sources during the coming school year ........... Total estimated receipts, not including proposed study was made for 1926 it is thought the seasons of the year.* If the same mining industry and how the pro 7790.00 people come often to your home, it’s duction of underground wealth drops ■ tax............................................ .. ............................. the results were little different de a good plan to have some record of off when laws curtail financé and de spite lower commodity prices. RECAPITULATION 17395.00 ' Industrial output per worker has what is servld to guests each time, or velopment in the mining districts. The Total estimated expenses for the year........... .. 7790.00 biHions paid by the mines in dividends Total estimated receipt* not including proposed tex ■nd Land Products’ Show, Boy»* and Girisi <:lub Work- grown steadily in recent years, and you may duplicate your menus. ***** a ■< a^_ — ▲ » - ---- - -3^-» Rrnri RAetand 9606.00 Balance, amount to be rated by district tax . have gone into the heart of the nation shows enormous gain over pre-war The indebtedness of District No. 17 is as follows: and hâve been one of the prime fac Carrots are a good source of vita production, even allowing for decline 15000.00 Total bonded indebtedness........................ 15000.00 in vdlue of the dollar. In 1909 aver mins. In winter, when, older and have tors for prosperity. If young men * Total amount of all indebtedness.................... age output per worker was only $3,- been stored a long time, they may and women are taught these facts in Dated this 14th day of Oetober,1927. Chairman Board of Directors. 125 worth of goods, which left a far loose some of vitamin C, but they are their youth, they can take intelligent Attest: S. W. Searcy, District smaller surplus after deducting cost still valuable^for their minerals and action on matters affecting the indus try in their maturity. for vitamins A »nd B. of production. once more. ’ ‘ follow» publication of a report of B fact-finding committee of the state senate, In whfoh charges are Friday, Oct 28th MORO, ORE Bud’s tt29"Nov.5 Y $ 3M V «WC
