HEPPNER GAZETTE TIMES, HEPPNER, OREGON, THURSDAY, OCT. 20, 1927.
PAGE THREE
FARlvl MARKET TREND
Oregon Agricultural College, Cor
vallis, October 17. GRAIN: Good
milling demand and advancing prices
at Winnepeg and Liverpool caused a
firm market for wheat and rye last
week. The quality of wheat offered
is an important factor in the market
owing to damage in Canada and in
Europe and the strong domestic de
mand for high protein spring wheat,
hard winter and soft winter grades.
Premiums for hard, high protein
wheat continued to increase but larg
er receipts at St. Loius caused re
ductions for soft winter. Corn went
lower on increased crop estimates
and oats followed, but barley was in
dependently firm especially malting
grades. Flax weakened on heavy re
ceipts of indifferent quality.
WOOL. The wool market contin
ued to strengthen gradually.
BUTTER. Steady prices on high
grades but weakening on the poorer
kinds were noted last week in the
San Francisco butter market. East
ern markets were down a cent then
back again. On October 1 the Btorage
holdings for the whole United States
were 147,412,000 pounds or 22,070,000
more than a year earlier. Withdraw
als from storage are heavier than last
year at present. The outlook for pro
duction is considered favorable.
LIVESTOCK. In between grades
of fed steers moved up at Chicago
in sympathy with earlier advances of
highly finished kinds which placed
Ut week's fat cattle market at that
point in line with the season's high
est which is the highest since war
days. Rather liberal offerings of
unfinished cattle appeared in western
markets. Hogs were arriving in less
volume with stocks cleared in better
shape than at any time during the
season causing a firm situation and
some price advance. Both fat and
feed lambs advanced in principal
markets.
FEEDS. Heavy production of wheat
feeds, good pasturage conditions and
lower prices for corn and oats were
weakening factors in the feed mar
ket but hnseed meal, cottonseed meal,
gluten and hominy feed and alfalfa
meal were little changed in most of
the markets.
Secretary's Report of
Pomona Grange Meet
By MRS. O. L. LUNDELL,
Chairman Publicity Committee.
Morrow County Pomona Grange re
cently met at Morgan, being an inter
esting as well as successful meeting,
although the representation from
distant communities was small, owing
to the inclement weather. The morn
ing was spent in business session,
followed by a basket dinner.
The following program was given
in the afternoon:
Solo Mrs. Stephens
Address County Agent Smith
Address State Deputy Gekeler
Address .... State Lecturer Mrs. Bond
Recitation Mildred Morgan
Recitation Mrs. Knight
Song - Grange
The following resolutions were
adopted;
1. Whereas, there are a great num
ber of members in the Grange who
have produce to sell, and aTe desir
ous of reaching a better market; Be
Charter No. 3774
Reserve District No. 12
REPORT OF CONDITION OF THE
FIRST NATIONAL BANK
AT HEPPNER, IN THE STATE OF OREGON, AT THE CLOSE OF
BUSINESS ON OCTOBER 10, 1927.
RESOURCES
Loans and discounts, including rediscounts, acceptances
of other banks and foreign bills of exchange or drafts
sold with indorsement of this bank $ 602,161.88
Overdrafts, unsecured 455.91
U. S. Government securities owned:
Deposited Ito secure circulation (U. S. bonds par
value) $25,000.00
All other United States Government securities
owned (including premiums, if any) 27,450.00 52.450.00
Other bonds, stocks, securities, etc., owned -. 26,394.29
Banking house, $26,000.00; Furniture and fixtures, $6,748.60 32,748.50
Real estate owned other than banking house 61,234.10
Lawful reserve with Federal Reserve Bank 60,857.01
Cash in vault and amount due from national banks 271,997.20
Amount due from State banks, bankers, and trust compan-
ies in the United States (other than included in last
item above) 6,024.03
Checks on other banks in the same city or town as report
ing bank 3,456.20
Total of last three items above $281,477.43
Checks and drafts on banks (including Federal
Reserve Bank) located outside of city or Itown of
reporting bank $2,120.10
Miscellaneous cash items 3,210.12 6,330.22
Redemption fund with U. S. Treasurer and due from U. S.
Treasurer 1,250.00
Total !..$ 1,004,359.34
' LIABILITIES
Capital stock paid in $ 100,000.00
Surplus fund 60,000.00
Undivided profits $25,638.45
Less current expenses paid 8,803.30 16,736.15
Circulating notes outstanding 23,700.00
Amount due to State banks, bankers, and trust companies
in the United States 25,038.72
Certified checks outstanding 46.10
Cashier's checks outstanding 17,060.29
Total last three items above $42,136.11
Demand deposits (other than bank deposits) aubject to Re
serve (deposits payable within 30 days):
Individual deposits subject to check 433,859.11
Certificates of deposit due in less than 30 days (other than
for money borrowed) 20,000.00
State, county, or other municipal deposits secured by
pledge of assets of this bank or surety bond 78,235.62
Other demand deposits i 1,384.98
Total of demand deposits (other than bank
deposits) subject to reserve $533,479.61
Time deposits subject to Reserve (payable after 30 days,
or subject to 30 days or more notice, and postal savings):
Savings deposits (including time certificates of deposit
other than for money borrowed) 155,015.11
Other time deposits .'. 83,149.36
Total of time deposits subject to Reserve ..$238,164.47
Letters of Credit and Travelers' Checks sold for cash and
outstanding 145.00
Total i $1,004,359.34
State of Oregon, County of Morrow, as:
I. W. E. M oore, Cashier of the above-named bank, do solemnly
swear that the above statement is true to the best of my knowledge
and belief. W. E. MOORE, Cashier.
Subscribed and sworn to before CORRECT Attest:
me this 19th day of October, 1927. TACK- nvtin
RUBINA F. CORRIGALL, "C "'v
(Seal) Notary Public. W' P' MAHONEY,
My commission expires Aug. 18, FRANK GILLIAM,
1929, Directors.
it resolved, by the Morrow County
Pomona Grange that we favor the
setting aside a special page of the
Bulletin for the purpose of giving
publicity to produce or supplies, for
sale.
2. Whereas, That we the people of
Morrow county have a County Agent
and are very well satisfied with said
Agent and whereas we have one
Grange at Willows in Gilliam county
who are in great .need of a County
Agent, Be is resolved, the Morrow
County Pomona Grange assembled at
Morgan October 1, 1927, do ask the
County Courts of both Gilliam and
Wheeler counties to give this due
consideration; that they do get a
County Agent for these two counties,
jointly.
3. Whereas, That we the members
of Pomona Grange of Morrow coun
ty do not approve of the State High
way Commission spending money for
the pupose of hauling dirt for plant
ing trees on scab rock, or on soil that
cannot grow said trees, where soil is
not fertile, and especially where it
is necessary to haul water to promote
their growth; Be it resolved, that
Morrow County Pomona Grange ask
the Highway commission to oppose
Charter No. 228
Reserve District No. 12
REPORT OF CONDITION OF THE
LEXINGTON STATE BANK
AT LEXINGTON, IN THE STATE OF OREGON AT CLOSE OF
BUSINESS OCTOBER 10, 1927.
RESOURCES
Loans and discounts, including rediscounts, acceptances or
bills of exchange, sold with endorsement of the bank $ 36,177.18
U. S. government securities owned 300.00
Other bonds, warrants and securities, including foreign gov
ernment, state, municipal, corporation, etc 130.00
Stocks, securities, claims, liens, judgments, etc 2,456.00
Banking house, none; furniture and fixtures 1,000.00
Real eBtate owned other than banking house 4,740.00
Cash on hand in vault nd due from banks, bankers and
trust companies desffhated Bnd approved reserve agents
of this bank - 64,423.66
Interest, taxes and expenses paid less undivided profits 2,772.08
Total - $100,998.82
LIABILITIES
Capital stock paid in - $ 15,000.00
Surplus fund 540.04
Undivided profits $2,520.50
Less current expenses, interest and taxes paid 5,292.58
Minus $2,772.08
DEMAND DEPOSITS, other than banks, subject to reserve:
Individual deposits subject to check, including deposits due
the State of Oregon, county, cities or other public funds 73,316.51
Demand certificates of deposit outstanding 104.50
Total of demand deposits, other than bank de
posits, subject to reserve $73,421.01
TIME AND SAVINGS DEPOSITS, subject to reserve and
payable on demand or subject to notice:
Time certificates of deposit outstanding 12,037.77
Total of time and sayings deposits payable on
demand or subject to notice $12,037.77
Total $100,998.82
State of Oregon, County of Morrow, sa:
I, W. 0. Hill, cashier of the above named bank, do solemnly swear
that the above statement is true to the best of my knowledge and be
lief. - W. O. HILL, Cashier.
Subscribed and sworn to before J CORRECT Attest:
me this 17th day of October, 1927.
RUBINA F. CORRIGALL,
(Seal) Notary Public.
My commission expires 8-18-29.
FRANK GILLIAM,
KARL L. BEACH,
Directors.
IvTranamluloa 0
-
v Lighting .
Ignition
,v-Battery
yllpholtlcry
m
A Liberal Plan For the Purchase
of Dependable Used Cars
You can buy an O-.K.'d
reconditioned car from
us on the General Mo
tors Payment Plan on
remarkably easy terms.
You can pay down as
low as one-third the
purchase price financ
ing the balance through
the General Motors Ac
ceptance Corporation,
wtih a very low financing
charge.
If you expect to pur
chase a used car, come
to our salesroom. Our
red "O.K." tag is your
guarantee of quality
and our low prices are
your assurance of value.
M
FERGUSON CHEVROLET CO.
i in vr w
using state funds for such useless
purposes.
4. Whereas, We the members of
Pomona Grange of Morrow county
oppose the present system of nomin
ation and election of State Grange
officers, and do favor the old system
accorded in the Constitution and By
laws; Be it resolved that we go on
record endorsing the old system of
nomination and election through our
delegates to State Grange, as pre
scribed by the Constitution and Bylaws.
fTPOBTLAND.
OREGON f
Oct.29-Nov.5
$100,000 in PremtUmS 17th Annual Expositioa
combines Dairy Products Show, world-renowned Horse Show,
National Wool Show, Northwest Fox Show, Manufacturers'
and Land Products Show, Boys' and Girls' Club Work.
Covers 10 acres, exhibiting America's prize Pure Bred Beef and
Dairy Cattle, Honct, Sheep, Host. Goata, Foxea. Urgett Premium Litt ever
offered. Portland, Oregon, Oct. 29 -Nov. 5. Reduced tarM all railroada.
2C
Winter Underwear
now on display
Underwear
Famous fitting Allen-A
garments in light, medium
and heavy weights
Priced $1.75
to
No. 1218 $1.75
No. 1267 $2.00
No. 1272 $3.00
No. 1632 $3.50
(2 suits for $6.75)
$6.00
No. 1402 $3.00
(2 suits for $5.75)
No. 1475 $5.00
(2 suits for $9.50)
No. 1485 $6.00
(2 suits for $11.50)
WILSON'S
Waffles
Served while they're
hot from our brand
new
WaiMange
are delicious.
Try them for break
fast any morning.
THEN
Shell Fish
the piece d' resistance
for luncheon or din
ner, will appease the
hunger delightfully.
We receive them
fresh daily.
ELKHORN
RESTAURANT
ED CHINN, Prop.
h. 1 If VV JI
n mm stasssv
PONTIAC SIXES
IN NINE MONTHS
43,000 more than wereproduced
in all of 1926, when this brilliant
General Motors product set a world
record for a new make of car!
an amazing record, first because of its sheer
magnitude; and second because it has been made
during (he most competitive year in automotive -history!
. . . Proof that the whole world acknowl
edges the superiorities of Fisher bodies in ,
styling, comfort and construction; proof that the
whole world is learnin g how Pontiac smoothness,
power and silence cannot be duplicated in its
price field . . . Come in! See today's Pontiac Six!
Learn how little it really costs to own a high
quality six the Six whose volume supremacy is
proved by spectacular popularity. ,
New lower prices on all body types V -(Effective
July 15)
Z-Door Sedan 745 Coupe'745 Sport Roadster 745
Sport Cabriolet $795 Landau Sedan 845
' De Luxe Landau Sedan 925 '
s
Tht New Oakland All-American Six, H04S to $IHS. All pricee mt
factory. Delivered price include minimum handling chargam.
Eaey to pay on the General Motor Time Payment Plan.
Ferguson Motor Co.
Ofce New and Fine r
FONTM
Here's the Startling Neivsl
Jewelry
My Entire Stock of
IHIIIIIIIIIIIIIIIIIIII IIIIIMIIIIMlllHlllHIIIIIIIIIinMllllllllllllllllllin mi
in a Great Unloading Sale
miimmiiiiiiiimtiiiimimii. tint ii.iiiiuiiiiimimiiiiiHiiimiiHiiHiiiiiiii
One of the most remarkable Sales of
its kind ever held in this territory;
Due to a number of reasons, I am overstocked with Jewelry, and rather than wait for Christmas
business and take chances on carrying a heavy atock over into 1928 I have decided to place before the
public the Greatest Unloading Sale of Jewelry ever attempted In this section of Oregon.
I mean to dispose of thousands of dollars worth of my stock in very short order. I will totally
disregard former profits and costs In my effort to unoad at once. PRICE Is the instrument I will nse to
turn a big portion of my stock into CASH.
This great stock of Jewelry is the largest and best I have ever had in my store all quality mer
chandise, desirable and dependable in every way. And I say to you in all sincerity that yon can come
here with the assurance that you will find AMAZING BARGAIN'S on every side. My entire stock, EX
CEPT A FEW CONTRACT LINES, goes into this sale marked ta price reductions that are Utlte short of
phenomenal. ' ' .
Limited space here forbids describing but a few of the many, many tempting offerings that will
be here when you come. ' ,
Buy CHRISTMAS GIFTS NOW! A Deposit Will Hold Any Article!
.Think what a wonderful opportunity this sale
provides for the purchase of Christmas Gifts.
Anticipate your gift wants now and fill them
while you can make such splendid savings. No
gift is more appropriate than Jewelry, and such
a rare bargain-getting occasion as this one Is
seldom presented. Make this a Jewelry Christmas
and SAVE money.
Attend this sale .at once. Select the articles
you want for yourself and for Christmas Gifts.
For a reasonable deposit we will hold one or, a
number of articles until you want them later on.
This plan gives you the privilege of selecting at
the special sale prices and paying for your pur
chase later on. ' .
SALE, STARTS NOW!
MENS, LADIES' SET RINGS
SOLID WHITE GOLD MOUNTINGS
CHOICE X-tr Off
It is difficult to believe that such handsome
rings could be sold at this low price, but here
they ere.
BABY; CUPS
Heavy silver plated cups.
Regularly priced at $3.00. Ex
tra special in this great sale
at, each
$1.98
TEASPOONS
Rogers Bros.' Teaspoons in
the distinctive Coronet pat
tern. Guaranteed for 26 years.
Remarkably low priced at, set 6
$1.29' .
7-JEWEL ELGIN WATCHES
REGULAR $16.50 - 1 .98
ON SALE AT , P --
Men's handsome 12-size, thin model, open faced
watches in white gold filled cases guaranteed
to wear 10 years. Artistically engraved" in
good designs. A splendid gift for a man.
MEN'S STRAP WATCHES
Good looking strap
watches in popular cush
ion shnpe. A 6-jcwel time
piece in solid nickel case.
Regular price $12.50. An
outstanding bargain now
at
$8?75
CIGARETTE CASES
'i i
k .
A very special assort
ment of Cigarette Cses in
the newest styles and pat
terns. Values up to $4.o0
Your choice at
$1.98
EDWARD BUHN
Many Rargnins in our Gift and Nov
elty Departments not listed. Watch
this space next eek. '
Jeweler
One .'estminister Charm Clock. Reg-
ulnr $55.00. Genuine Mahogany case,
saint gold letters, at $39.50.
A MAN'S STORE FOR MEN