TOPICS OF INTEREST TO Invessments, Markets and Itrms of Interest on Financial Estimates made a short time ago fixed the amount of Oregon and Washington money invested in the war securities of Great Britain, Canada, France, Russia and Italy, as well as bonds of neutral European nations, at be I ween $8,000,000 and $10,000.-' 000, Revised to date these esti mates run to between $12,000. 000 and $15,000,000 Portland capital is believed by commer cial and investment bankers to figure in these foreign 'govern ment securities to a total of at, least J5.000.000 and for other parts of Oregon at least another $1,000,000 Washington money has absorbed a larger sum. One local investor is reported to have taken $300,000 of British and Ca nadian securities of recent is sue, and others are known to have put their investment capi tal into substantial lots, which will yield 6 per cent interest, because of having been bought below par. After the war and the credit of foreign nations gets on a 4 per cent basis, their se curities are expected to bring a premium in the world's money markets. The number of this class of investors throughout Oregon and Washington is re ported in financial circles to be very large, on account of many with'sojall means having bought baby bonds and notes those is sued id small denominations. Wasco county's $260;000 of 5 per ctnt highway bonds will be sold at The Dalles. March 31. to the highest sealed bid. A- re cent decision by the supreme court validated this bond issue. At a former saie, January 6, which was revoked pending a judicial determination of the va lidity of the bond issue, a Port land bid was hisrh of the 20 sub mitted, offering to pay a premi um of $16,775, relatively the highest premium ever offered for Oregon highway bonds. The bonds will mature at the rate of one tenth yearly after January 1922. SEED BARLEY FOR SALEj Hulless and Beardless Quality, Service & Sanitation j Our Fresh Meats are the best in the City. Our Extension Cooling Plant assures Fresh Sweet Meat at all times. If you'are eating our Hams and Bacon you know how good they are. If you are not we are both losing. Phone us your orders, we guarantee entire satisfaction. In a tabulation made by the New York Annalist the cost of inheriting $10,000,000, measured by state and federal tax rates, is shown. In Oregon the state tax would be $119,959. or 0.99 of 1 per cent, while the federal levy would be $1,201,500. or 18.61 per cent. On smaller inheritances the taxes would be less in a de scending scale. At the Eastern Oregon Jack Farm, seven miles northeast of Lexington, a few sacks of this late, improved hul less barley, which I am anxious to get a few sacks each into the hands of as many Morrow County farmers as my limited supply will furnish. An article in another part of this paper, telling of After The Coyotes State Veterinarian W. H. Ly tic informs us that .his office is very much interested in the work of exterminating coyotes in this territory. In asking the news papers of the state to co-operate with him he says: "You are probably aware of the fact that the Legiol.it .ire has passed a coyote bounty law which provides for a bounty of $3.00 on all coyotes killed in the year 1917, with an incmise of SI. 00 per year on females there after. Naturally this increased bounty is going to materiidiy as sist in the eradication o.' the coyote. If your paper will j in my experience with this grain, will con- J ithis crusade in promoti- vs- B. F. SWAGGART vince all of its peculiar adaptibility in Morrow County, where it surpasses all other grain in yield and has no equal made into hay. Address, Lexington, Oregon City tat i Ci Strap Co. Johnson Bros., Props. REPORT OF THE CONDITION of the Heppner Loan and Savings Bank No. 228 at Heppner in the State of Oregon, at the close of business Mar. 5, 1917 RESOURCES Loans and discounts $53,164.52 Bonds and Warrants 1,200.00 Furniture and Fixtures 1,500.00 Due from approved re serve banks 14,987.12 Cash on hand 5,252.54 Expenses 1,141.98 J. H. COX CONTRACTOR and BUILDER Plans and t'sthiatcs Furnished for All Kinds of Buildings First Class Work Only. ' Make a Specialty of and Have romplcte Equipment for House Moving tematic coyote poisoning be '"ore whelping time, the coyote will be materially lessened in nui.'ber and a considerable less expendi ture of money will be nu.dc ne cessary by the, State, ;md County to control this troublesome pest. Live Stock was never so valu able as at the present lime. A ! good lamb at birth is well worth from three to five dollars and a calf is easily worth from seven to ten dollars ; hence the son ices you may render your community in advertising and p;mioinjr this coyote poisoning crusade is indeed very great. No one thing will give so much pleasure to so many people for so long a time as a COLUMBIA GRAFONOLA . You can get them here on the same terms, for same money as anywhere !D0 YOU 77,246.16 LIABILITIES Capital stock paid in 15,000.00 Surplus fund 1,500.00 Undivided profits 501.66 Individual deposits subject to check 46,941.42 Demand certificates of deposit 1,519.81 Cashier checks out standing 35.34 Time and Savings de posits 11,747,93 Sensation Blend beautifully col ored enamel ware at Case Furniture Store For subscriptions to the "Ameri can Roy" magazine, see Kenneth Binns, Heppner, Oregon, ? ? ? ? ? Need Printed Stationery of any description? I Professional Column t fa DR. R. J. VAUGHAN DENTIST Permanently located in Oddfellow's One of the most gratifying evidences of returning prosper ity is the very heavy traffic over the lines of the Oregon-Washington Railroad & Navigation Com pany, which is making it neces sary to re-lay its rails over the Blue Mountains with hundred pound steel. At present ninety pound steel is used, but the hea vy volume of trafliie finds these rails insufficient for the strain. These rails will be the heaviest used by any railroad in the wet, and the total cost will approach close to a half million dollars. . The first unit of this work will comprise about thirty miles. Oili er units will be undertaken as circumstances warrant. Building ? ? ? HEPrNER, OREGON Oscar R. Otto w Go to GILLIAM & BISBEE For Your a I 77,246.16 STATE OF OREGON, County of Morrow I, V. O. Hill, Cashier of the above nnmed bank, do solemnly swear that the above statement is true to the best of my knowledge and belief. W. O. HILL Cashier Subscribed and sworn to before me 13th day of March, 1917. C. E. Woodson, Notary Public My commiision expires Oct. 1, 1920. CORRECT Attest: Frank Gilliam W. O. Minor Directors Our Job Department is now in competent hands and we are prepared to do Commer cial Printing of all kinds in a manner to please the most particular people. Give us a trial order and become a satisfied customer. WELLS & NYS ATTORNEYS-AT-LAW HEPPNER, OREGON Harvest Supplies Oils, Greases, Belting Lace Leather, etc. We will give you the quality jj and the price that will command your Ipatronage, otherwise we i do not iook for it. "We have got it-will get itor it isn't made" Church of Christ Subjects for Sunday, Mar. IS. Morning: '.'The Value of a good Appetite." Evening: "The second coming of Christ; can we look for it soon?" Prices Right Promptness Appreciation and Good Work JOS. T. KNAPPENBERG ATTORNEY AND COUNCEI.LOIt-AT-LAW IONE, OREGON S. E. NOTSON ATTORNEY-AT-LAW Office in Court House HEITNER, OREGON DR.N. E. WINNAItl) PHYSICIAN & SI KG EON HEPPNER, OREGON Farmer Smith at Irrij-on Farmer Smith of the O.-W. R. & N. Co., hiis purch:i-i'd ;i six acre tract from W. 11. Walpolo within the city limits of import and will establish a demonstra tion farm for the West Exten sion. He 'will make no experi ments but will show how to pre pare the land and produce crop that are known to Le adapted to the soils and climatic condition.1; of the locality. He will inocu late some of flu' alfalfa seed and some will be planted without in oculation. He will fertilise ;.oni I of the ground and oilier liact'" will be seeded in the raw state. jCorn, molom root crops, nota ries, etc., will be hi'iu'.lt.l in I In, jsame way. lie has selected :i ! convenient tract of land invr the? 'railroad station and will wel jcomo any fanner viio v. ants tn i learn from the demon. .(rations jtho best methods to ) iiis.i, . sre what we guarantee. Can anyone do more? The Federated Church Sunday School at : 4 5 Regular morning service at 11. The theme of the morning sermon will be "The First Command. ment. evening. "St. Patrick." Thursday evening at "M0 we shall have wilh us Rev. E. C. Richards, of Salem, representing Willamette College. II. A. Moves, Pastor. The Heppner Herald GILLIAM &. BISBEE .-t-ai I IAMC AT ALTA STABLES STALLlQNo PENDLETON, OREGON Imported Percheron and Belgian Stallions that are extra good. Besides other Percheron. English Shire, and Clvdesdales with imported ancestors that are young and goml with correct pedigrees One pair extra Percheron mare UcmemUr, Good Stallions and Low I rices. If you have a stallion that you cannot use 1 might change. J. R. Justice, Importer Pendleton, Oregon 3 J. .J. Davis, a Spokane horse h buyer, is in this section buying 3C5 1 horses suitable for cavalry pur- a 'poses. It is understood Mr. ! i Davis Is buying for one of the J ! European belligerents. Oscar Otto, proprietor of lb-pp ner'a nonular music store, went to Lexington Tuesday on a busi riess trip. F. G. Kelly, who has been spending Rime time in Portland, has returned to Ib-ppner. F. G. Petilan 1. is again in Heppner after spending a port on of the winter in Portland. t Is under new management and will be enlarged and bettered in every way possi ble. Our aim is to make it a local paper which wilPbe a welcome visitor in every business house and home in Morrow Connty. I DR. A. I). Mc.MtiRDO ... PHYSICIAN & SURGEON Telephone- U:i Office Patterson I)ru; Si ore HEPPNER, OREGON WOODSON & SWEEK ATTORNEYS-AT-LAW Office in Pulurc Hotel. IrMmer, Ore SAM VAN VACTOR TTOKNKY.AT-LAW $1.50 Per Year I I I HEPrVER, OREGON LOUIS PEARSON TAILOR HEPPNER, OREGON T. C. DENNISEE I Quite a i-'iiitesl is r;irihir la nili-'(.oeK-i, over Hie f-alarie.-. wlh.h Imi-N; (Kmii pay. In tin- euvi Miiii. rl i ! . k.-v Till' Kiil:iriM hie ii they are ,x Hraw- j ilig -Were fi. i iP'.le ..i I I ..I S .HUD, when one dollar v-iaM l ay ID "f ' lli poiiMK nf hai-ii., nr ' r , ,i ,..!mli it I ynoil l.tiltcr, iiihI en "i ' :' 1 ; '.i.al-i if yowl 1 1' :-le.ih. 'I- I. .J I in Kv- erimnMit eleik I" ihawi: i' i vi-iy - n i a 1 1 jMilaiy with v. hall lo i- 1; re'l -. ' Earh lel!ai- ull unly hny I' -iay, fnur I plllllllls (if hill nh, or Iv.'l p"IHIl(-J (if ' I iittiT, nr iihoiil. thre "!' Ii'-el" I sleak, mi emiKie. ih has inf? ijiiiie :i j st I ll'fle n.l T tin III ' I -I I :t V, jhelieveil that a 10 per "ei.l in i :' : will he I'iven (he uii-lil 'I lip, niel ' iihout five per ei tit iinii'a .e lo tlnic who Hie reieivinj' IfeMKI pvr emiuni or more. Even this i. will help Home, will r leaving ihe 'ivi-inim h'! is now heinc i alleil, paupi i'." 1'in'le y.uil can M-i-t pay llli einplojei l ill nry, iiihI the alo-.e ( not only (oi tin nni'h ' iiijlilf'l to niei l the I i e, w lute it very aeiir i all. V. hat 'j-i.-.e. i.n-ei-t y nff ir I to t liv -Jf an , - I.-, 1 ho ' I 1 in i ly ii nea-eil ru t of livii . AuriirriKT For Fine Ud To Iiat j HEPPNER j i t Homi-n and ()MltA( lil Baled Hay and Grain tnr at White l,-iont I'.ai i-. W. T. M K.MM-rH. Clyde & DICK BARBERS Baths in Connection I J. I.. I H'tl'l', II ' It llllW II I i silll ,t III ri Ti'iitly re-iilitig h litis pa 1 1 linsi-d ii ra it is nnili-rstiMiil, v i Ciillii' :i r"',ili-ii if'1 ..anl il'u I ' 1 l,.