Sherman County observer. (Moro, Sherman County, Or.) 1897-1931, October 21, 1927, Image 1

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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