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About Gresham outlook. (Gresham, Multnomah County, Or.) 1911-1991 | View Entire Issue (Dec. 16, 1924)
HOLIDAY NUMBER, SECTION THREE G resham O utlook T W IC E A W EEK VOL. 14, NO. 83 GRESHAM, MULTNOMAH COUNTY, OREGON, TUESDAY, DECEMBER 1«, STORES DECORATED FOR THE HOLIDAYS Sound and Conservative Banking Results in SAFETY AND SERVICE TO THE DEPOSITOR A Bank Statement that any man or woman can understand Synopsis of Report of Condition of F IR S T ST A T E BA N K at the close of business as of December 10, 1923 and November 10, 1924 The Bank Owes to Depositors . . Nov. 1», 1924 #621,729.39 Dec. 1», 1923 . 6,»29.»» 5,495.86 . 563.29 2,989.79 28,961.58 »0,868.4» 63,957.27 23,995.75 12,792.32 2,691.45 229,788.75 292,619.5» 85,599.99 14,999.99 195,296.65 221,219.25 195,201.16 25,999.99 25,999.99 5,544.27 5,439.95 1.659.99 2.999.99 2,185.29 1,659.99 3,214.57 16,869.57 24,555.27 #693,942.63 68,322.33 #642,619.35 . . #58»,»3 7.8» A conservative b an k e r alw ay s h as th is indebtedness in m ind, and he a rra n g e s his asse ts so as to be ab le to m eet any req u e st for paym ent. For This Purpose We Have: I. Cash . . . . . . L egal cu rren c y and coin II. Cheeks on other Banks . . . P ayable at once III. Cash Reserve with Federal Reserve Bank - P ay ab le at once IV’. Cash with Other Banks Approved by State P ayable at once V. State, County and Municipal Warrants Mostly school w a rra n ts VI. State, County and Municipal Bonds 1924 M arket value of w hich is .............$233.104.35 F ace value .......................................... 220,788.75 1923 $206,662.20 202,610.50 W o rth th is m uch m ore th a n am ount ca rrie d on b o o k s.......... $ M ostly sh o rt-term Bonds $ 2,315.60 4,052.70 VII. United States Government Bonds VIII. Other Bonds . . . . . M unicipal, P rovincial, G overn m ent, Dom inion of C a n a d a .. .. $ 66.500.00 In d u stria l . , ........................................ 19,000.00 IX. Loans . . . . $ SoJiOO.OO . . . To M an u factu rers ........................... $ 21,145.70 To M erchants, B usiness and P rofessio n al Men ....................... 31,006.87 To F a rm e rs ........................................ 116,499.04 F o r purch ase of A u to s................... 27,727.17 On Real E s ta te .................................. 22,950.00 U nclassified ........................................... 1,881.47 X. $221,210.25 Bank B u i l d i n g ' ........................................ Inclu d in g Postoffice & oth er offices Cost of Building very m uch m ore XI. Furniture, Fixtures and Equipment D epreciated 5% each year XII. Stock of Federal Reserve Bank of San Francisco, California . . . XIII. Other Assets Consisting of Chattels XIV. Claims Against Estates Not Yet Closed XV. Other Real Estate Than That Used for Bank Building . . . . - Book V alue, R eal V alue m uch m ore Total to meet Indebtedness to Depositors XVI. This Leaves a Surplus of - W hich becomes th e pro p erty of th e S tockholders afte r th e debts to th e depositors a re paid, and is a g u ara n tee fund upon w hich we invite new deposits and re ta in those w hich have been lodged w ith us for m any years. 62,692.55 The F irst State Bank, a member of the Federal Reserve System, was estab lished in 1905, has been continually under the same m anagem ent, and has en joyed a steady and natural grow th from the beginning. During th a t time, in order to better serve its custom ers, it has increased its Capital Stock three times. It has all the facilities of a city bank, including th a t of investm ents, and a t the same tim e .has made an exhaustive study of the w ants and needs of its patrons, thereby putting itself in a better position to serve the local people than any city bank. The above statem ent reflects the fact th a t it has spared no efforts to pro tect its depositors, using all of the safeguards throw n around a city bank with much larger responsibilities. The F irst State Bank appreciates the fact th a t it is due to the unfailing loyalty of the people of this community, and the confidence they have reposed in its institution, th a t enables it to carry as it does over ONE-HALF MILLION DOLLARS DEPOSITS. It is therefore Resolved, That we, the Officers and Employees of First State Bank, extend (Cfjrtslntas Greetings! To our old friends, loyal and true; to our valued new friends, and to those whose friendship we strive to deserve; we heartily wish unmeasured happi ness and good fortune throughout the coming years. * ITith grateful appreciation for all the favors received by us from you, and for that priceless though intangible asset, your good-will, which we prize be yond measure, we seek to merit your continued confidence, and aim to serve you helpfully in the future. First State Bank GRESHAM. OREGON G resham shop w indow s are tak in g on a holiday asp ect. It would be im possible to m ention all. as p ractically every window in G resham b ea rs evi- donee of th e ap p ro a ch of th e Yuletide. Some of th e m e rc h a n ts a re plan n in g j ! on a s till m ore elab o rate display ! n ea rer C hristm as. National Champ TUESDAYS AND FRIDAYS #1.5» Per Year WINTER HERE WITH CHILLY WIND, SNOW W inter, w ith its accom panim ent of snow and ice, m ade an a b ru p t descent on th is p a rt of th e w orld early Mon day m orning, m uch to th e delight of the sm all boy and the ap p rehension of the business w orld in general. T he w eather for th e p ast ten days had been u n u su ally mild and. th e re fo re, L. A. W ack & C om pauy have a fine, th e sudden cold snap w as r a th e r u n i sy m e trica lly -arran g ed window con- expected. T he th erm o m eter m ade a ' sistin g m ainly of fem inine w earing drop of 15 degrees d u rin g Monday. ap p arel and accesso ries, w hich has a t As a re su lt of th e storm , the ground tra c te d m uch fav o rab le com m ent d u r is covered w ith several inches of snow ing th e week. and Ice m akes both w alking and d riv W hen it com es to th e rich n ess of its ing a hazardous u n d ertak in g . T he fu rn ish in g s, Guy D. Jo n es can o u t telephone system is dem oralized, shine ’em all. A w ate r set of an tiq u e about 100 lines being out on th e local stain ed g lass w ith ste rlin g silv er de lines, acco rd in g to th e estim ate of th e posit looks in te re stin g to th o se who officials of th e com pany. T he te m p er G eorge T eller, ten y ears old, of F arm in g to n , Mich., who won th e can produce th e price. H is jew elry a tu re in G resham Monday night w as national cham pionship w ith his displays, h an d -p ain ted china sets, v ariously rep o rted a t from 23 to 28 ste e r a t th e St. P aul Ju n io r Live degrees above zero. novelty boudoir lam ps an d beaded bags Stock Show. He received 80 cents are p leasin g ly arra n g e d on a b ack a_ pound on th e hoof fo r th e anim al. 1 lie 6:50 tra in T uesday m orning on ground of g ray velvet. The p u rch a ser th en retu rn ed the the Mt. Hood line, w hich c a rrie s w o rk ste e r to him . G eorge will p resen t m en to th e pow er p lan t a t Bull Run, A h u n g ry m o rta l w ould do w ell to his prize w inner to l ’res. Coolidge ste er c lea r of th e g ro cery window of a t the In te rn a tio n a l Show in Chi | w as stalled n ear P lea san t H om e and the men retu rn ed to th e ir hom es in th e W alrad M ercantile com pany, as cago th is m onth. G resham and vicinity. It is reported th e re Is such a tem p tin g a r r a y of candy, n u ts, figs, d ates an d o th er MULTNOMAH COUNTY FAIR th e re is a depth of four feet of snow goodies. T h eir dry goods window, Is GIVES 99-DAV OPTION at Bull Run lake and th e re is m ore w ater in th e lake th an at any tim e full of C h ristm as suggestions. A m eeting of th e sto ck h o ld ers of IaHt X«ar before th e sp rin g run-off. Old S an ta C laus Is all ready for his P o rtlan d rep o rts 200 accid ents due I trip up th e chim ney in J. E. M etzger's th e M ultnom ah County fair was held a t th e city h ail In G resham on Mon- 1° slip p ery stre e ts, and 6000 j fu rn itu re sto re window . ( day evening w ith P re sid en t A. W. Phones o ut of o rder. N ew spaper re- The G resham D ru g com pany Is fea- M etzger in th e chair. T he M ultnom ah P °rts would in d icate th a t the storm ! tu rin g a handsom e d isp lay of dolls of County F air asso ciatio n w as given an conditions a re g en eral th ro u g h o u t th e | every d escription. T he sto re is lite r option of 90 days for th e p u rch ase of n o rth w est and so u th ern Oregon, ally ru n n in g over w ith p rac tica l gifts. all th e land and b uildings and re- j T he au to stag es betw een G resham Cecil M etzger’s g ro cery h as an at- m ainlng p ro p erty belonging to th e and P o rtlan d a re ru n n in g on the trac tiv e w in ter scene on one side and M ultnom ah county fair for th e sum of ,lsual schedule th is m orning, alth o u g h i the u su al p rac tica l display of g ro $28,000. they w ere g rea tly hindered Monday ceries on th e o pposite side. S tock h o ld ers of th e M ultnom ah aftern o o n on account of th e slush and ’’E v ery th in g e le c tric a l” is th e slo County fa ir and o th e rs recen tly o r Ice. T he elec tric lig h t w ires and gan of Floyd Mack. Mrs. Mack is de ganized a new co rp o ratio n called th e radio a e ria l lines rem ain u n distu rb ed serving of the cre d it for th e cozy fire M ultnom ah County F a ir association, so far. place in th e window. w hich h as for its objective th e p u r More snow and colder w eather have Botkin & Jo h n sto n a r e n 't try in g to ch ase of th e stock, g rounds and b u ild been fo recasted for T uesday. A sil paint th e tow n green. T h a t is sim ply ings of th e fair, also th e p u rch ase of ver thaw is not an ticip ated a t th is the ad v ertisin g schem e of th e G eneral ¡ th e 24 ncres co m p risin g th e Sm ith tim e, although Monday evening fears P etroleum co rp o ratio n w hich is th e tr a c t w hich w as rec en tly p u t up to w ere expressed by m any th a t one of d istrib u to r of g en e ral gasoline, th e | th e voters of G resham to decide upon, th ese m uch-dreaded sto rm s would bo new high te s t gas w hich Botkin & ' and w hich w as voted down as a the re su lt of th e rain and cold. In a Jo h n sto n a re selling. T he doors, cas- ¡ p ro ject for th e city. silver thaw th e u pper s tr a ta of a ir 1 ings, office trim m in g s and ta n k a re | m ust he w arm er th an th e low er, but painted a rea l C h ristm asy green, CHRISTMAS PROGRAM th e re seem s to be no Indication of this w hich has a p le asa n t effect. POSTPONED ONE WEEK a t p resen t. A le tte r ad d ressed to Mr. S an ta As a re su lt of the cold, th o u san d s cf T he C h ristm as exercises including a birds a re sh iv erin g and hovering Claus, T oyland, U. S. A., c a re of A. W. M etzger, w ould he su re to reach Its d ram a, "In th e F u lln ess of Time— above th e snow in th e q u est of food. d estin atio n , as th is Is th e w in ter h ea d C h rist," w hich has been announced for Mrs. F ra n k Sw anton, m an ag er of the q u a rte rs for th e v en erab le cheer dis- n ex t Sunday evening a t th e Methodist Oregon H um ane society, has issued an E piscopal ch u rch , has been postponed appeal to all bird lovers to place food , penser. D avidson’s d ru g sto re window has a u n til Sunday evening, D ecem ber 28. in sh eltered spots so th a t th e birds tree lighted by colored elec tric lights Many difficulties have been en co u n may n o t suffer d u rin g th is tim e. and has d isplays of to ilet and perfum e tered by those p rep a rin g th e program sets. The p ro p rie to r says w in ter is a on account of conflicting w ith th e high hniK'ing Lessons. Mrs. E ln o ra Fay Fleck has tr a n s fine tim e to ta k e kodak sn ap shots. school p ractices for th e c a n ta ta and th e senior play. T he added difficul ferred her dancing class from T ro u t He has all v arieties. dale to F airview city hall. C lasses At th e K idder H a rd w are sto re m ay ties im posed by th e u n u su a lly cold every F rid ay evening a t 8 o’clock for w eath er have m ade it im possible for be seen an extensive line of useful beginners. Advanced class a t 9. All toys, in clu d in g tric y cle s, guns and th e young people and ch ild ren to th e la test steps. Phone 2311.—Adv. m ake satisfac to ry p rep aratio n . When c a rp e n te r’s tools. Oil Paintings for Christ inns. "E v ery th in g and th en som e” m ight th e w eath er m o d erates re h e a rsa ls will Oil p ain tin g s a t barg ain p rices at be resum ed and it is hoped th a t all be th e m otto of th e 20th C entury g ro th e H ardy Studio. cery w indow s, esp ecially to w ard th e m ay be in read in ess by th e la ter date. Oil Paintings for Christmas. ap p ro ach of th e holidays. For Christmas Gifts. Oil p ain tin g s at b arg ain p rices at S chauno's co n fectionery, th e city See Mrs. W. A. W inters, G resham , th e H ardy Studio. b ak ery and th e m illin e ry —each has a for hand-m ade h an d k erch iefs for Send th e holiday Outlook to your pleasing window effect suggestive of C h ristm as gifts. Rhone 31x1. frien d s in o th e r places. P rice 10 cts., th e C h ristm as season, as h as th e m a jo rity of th e w indow s in G resham . gift. One window, as u sual, displays including m ailing. T he trim m in g s in th e w indow s of th e story books, dolls, and o th er toys th e G resham O utlook a re as y et c o n so d ear to childish h ea rts, and is b e T his issue of the Outlook Is about spicuous by th e ir absence. a day late on account of th e e x tra ing eagerly Btudled by larg e num bers H epp's R acket sto re w indow s are of boys and g irls who a re m aking w ork en tailed in p rep arin g th is en filled w ith a g re a t v arie ty of tim ely choice of gifts to o th e rs or, p erhaps, larged paper, also by delays caused and useful article s, an y one of w hich an ticip atin g w h at S an ta C laus will by the extrem e w eather conditions. would m ake a su itab le C h ristin as j b rin g them. j
