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About Daily capital journal. (Salem, Or.) 1903-1919 | View Entire Issue (Sept. 6, 1918)
THE DAILY CAPITAL JOURNAL, SALEM, OREGON FRIDAY, SEPTEMBER 6, 1918. THREE Xo. 162 EEPOKT OF THE CONDITION OP The Bank of Mount Angel at Mount Angel, in the State of Oregon, at the close of business, August 1918. 31, . Resources Loans and discounts Overdrafts, secured and unsecured Bonds and warrants . Banking house Furniture and fixtures Due from banks (not reserve banks). Ihie from approved reserve banks. Cheeks and other cash items Cash on hand . . ' ' Liabilities ..$210,81035 69.89 , 78,870.93 . 4,000.00 .. 2,610.28 327.49 77,603.16 2,102.25 19,391.22 .$393,785.5? Capital stock paid in Surplus fund Undivided profits, less expenses and taxes paid Dividends unpaid . . Individual deposits subject to check Cashier chocks outstanding , Time and savings deposits : $ 30,000.00 15,000.00 3,671.06 80.00 148.492.15 6,411.44 192430.92 TRAPSH00TINGS' YOUNGEST AND' OLDEST CONTESTANTS Total.. ...$395,785.57 Etate of Oregon, County of Marion, ss: I, Jos. J. Kcbcr, cashier of the above named bank, do solemnly swear that the above statement is true to the best of my knowledge and belief. JOS. J. KEBEB, Subscribed and sworn to before me this 5th day of Sept. 1918. ALOIS KEB7R Notary Public. My commission expires April 14, 1920. CORRECT Attest: HENRY BURNING-, FRED SCHWAB. JOS. J. KEBER. Directors. GERMANS FIND Continued from page one) and French artillery along roads in ithe boche rear. General Humbert is pushing toward LaFere and St. Qucntin and the Brit ish are improving their positions be fore Cambrai and Dauai. The Armonticres salient in Flanders las been practically wiped out and Safe Milk For Infants & Invalids No Cooking A Nutritious Diet for All Ages. Quick Lunch; Home or Office OTHERS are IMITATIONS f tho British are on the edge of Armen tieres itself. Thus tho Germans are practically back against the old Hin donburg lino everywhere and the aK lied troops are across it in places. Tho hour has nearly arrived when Hindenburg and Ludendorff must at the very least attempt to make some sort of a stand, even if they essay nothing more ambitious than to prevent absolute panic at home. De-Sulphating A Cure Worse Than Disease Mixed with the helpful information in the popular scientific, papers is a good deal of battery advice that should not bo followed. Read it if you will bit don't take it too seriously until you have an expert opinion. This sound advice to car owners by Mr. Bmrell local Willard expert. "Every once in a while," says Mr. Burrell, "thcro appears in one of these publications an artick) describing iu de tail just how sulphating of plates can bo cured after it had been allowed to proceed. Of course every battory-user GEORGE ANDREW MILLER (9 years old.) CAPTAIN ANDREW MEADERS (79 years old.) Captnin MeaoVrs hails from Nashville, Tenn., and Master Miller from Brew- ton, Alabama. They were tne youugesi and oldest contestants in the Urand Am evican Handicap the prcnirer trapshooting event of the year. Tho youngest fired tho first shot and broke the first target in the Handicap with a 20 guaga gun, tli only one used in the event, iiijs is the third successive year that Cap tain Meadcrs has posed as the oldest participant. The ages of this pair bears out the expression that trapshooting is the sport of all agvu. Pis Club Win Meet In Salem Tomorrow t knows that 8ulpliation, if allowed to gain headway, is injurious to plates, and most everyone knows that it can be cleared up by a special charging pro cess. According to the magazine arti cles, there is another and much simpler way, which involves doctoring the bat teries. "Writers of these rather misleading XX ow this clothing business can serve : :: It's only natural that every business man should want to keep his business go ing; it's important that he should.. But there's a far greater consideration than, just selling. . XX XX XX This war has got to be won, and in this business of ours, we feel that any clothes selling that stands in the way of that outcome is decidedly unpatriotic That's why we say "take care of the clothes you have; make them wear longer." . That's why we say "when you do need clothes, get only those that last long; those that save resources for the country because you buy less often." i'uHnrirf"" " '" r Bishop All-Wool Suits. $20 to $40 Hart Schaffner & Marx Clothes $25 to $50 We feel that we're offering the greatest clothes saving because they give the most month by month wear for every dollar invested. articles on battery cures usually go on to explain how some very simple chemi cal can bo addvd to the battery to pro duce results that seem little short ol wonderful. Usually the instructions are made vaguo enough and enough "ifs" and "howcwTs" and qualifying phracs put in to muke you think it is your own fault if through a trial the cure you succeed in ruining your battery. Most of tho writers of these- popular battery articles play safe by being rather inde finite. "As a matter of fact, there is no ma terial that can be put into a battery to cure ills that havo been caused by neg lect or abuse. The best course to follow is to have- your battery inspected every week or two by experts, which would enable you to steer entirely clear of any serious trouble. If for any reason this is not done the one thing to remember is that the only remedy for battery trou ble is pure water, charging and finally, expert attention at the hands of a man who knows his business. Chemicals and extra acid nvver do anything but ruin batteries. One hundred or more school boys fron all parts of the county will iwmbk Saturday afternoon at 2 o'clock in the auditorium of the Commercial club. This is not to be an especially high brow meeting as there will be but one sub ject under discussion and that is "pigs." For the meeting is that of the U. S. National bankjig club and thi3 means boys as well as girls. As the state fair coming soon, members of the club have been called in to have their ny about the exhibits and just how tl.vy would like to have several of the min or affairs attended to. For instance, last year at the exhibits at the state fair, there was some dissat isfaction as to who would feed the hogs and how and what the feed would cost and such things that are of vital inter est to the boy who has a healthy hog on display that has a normal hog appe tite. Th) IT. S. National bank pig clut was organized about a year ago. just as a means of developing the business in stinct in a lot of boys and girls. It was such a success last fall the bank paid the expenses of about 60 boys and girls to Portland and return, where they wvre shown through the stock vards. This spring the bank again made, life pleas ant for 100 or more enterprising young sters by taking them all to the Sells- Floto circus. This vear thw bank will offer a sil ver cup and cash prizes of from $2.50 to $7.30. The young folks who enter will also have tho opportunity of competing for all state fair prizes. Mrs. Junk's Recital Was Pronounced Success Mrs. Lois Lucile Junk, in her recital of her own compositions at the First Methodist church, was giwn a most en thusiastic reception last evening by the music loving pcoplo of Halem. The re cital was tlie first of its kind in the city wherein a Salem musician appeared before a home audience presenting for approval her own musical works. The audience was not only very cordial i its reception to the composer, but show ed its appreciation by insisting on fre quent encores. The numbers that seem to touch the audience and which received lvpcated encores were " Yearnings " and "Faith fulness" from "A Love Rosary," and "Loves Itosary" from the same collec tion. Those songs Mrs. Junk has had published. Othera on tho program aro as yet in manuscript but will bo pub lished tho coming winter. B. H. Zercher, who has become a fav- orito with the Salem public was appre ciated m his singing of "The Pipes of Gordon's Men" to which stylo of music. his voice is especially adapted and nlso in his rendition of two of-Mrs. Junk compositions. Jean Miller Balm gave two recitations from pw-ms written by Mis. Junk, the favorite being "Philosophy, Mrs. Junk will appoar next week in Portland in several recitals of her own compositions and later leave for Chicago where sk will continue in her musical work. New Fall Suits and Coats in Latest Models Women and Misses who like to choose from distinc tive styles will find here a notable showing of high class suits, at reasonable prices. Novelty belted models, some with Yoke Effects and Military Col lars. Tailored suits trimmed with braids in models to plaese you. Best of materials including Serges, Gabardines, Tricotine, Wool Velours, Broadcloth, and many other materials. Prevailing colors rang ing in prices from. , $14.73 to $100.00 Women's New Fall Coats Priced from $14.50 to $125 The season's very smartest styles are now here for your choosing. Fashionable new models, principally belted effects, with large adjustable collars, Some fur trimmed patch or set pockets, others in smart tailored styles lined full length or to waist Mater ials are wool velours, Velvets, Plushes, Jerseys, Broadcloths, Bolivias, etc Brown, Navy, Dark, Burgundy, Taupe, Oxford, Plum and other prevail ing colors and new shades. PortlandCIoak&SuitCo. Court and Commercial Stockton's Corner MEN'S SHOES $5 TO $10 SALEM WOOLEN MILLS . STORE MEN'S HATS $3 TO $6 XX XX -- MMMMOMMMMMMMMHMt He "BUILD THE SHIPS" By Virginia Frazer Boyle of the Vigilantes. sinews of the nation havo you heard tne clarion call, From tho heart of her who made you what you are I A million men in khaki wait a grim unbroken wall, And the planes and guns are ours to win the war. Oh! men that swing the sledges oh I nanus mat drive the nails, Sho calls to you in trust to meet her needs; Shall jt b-o- your blame forever, if the cause of freedom fails When you've taught it in your unions and your deeds? Bring tho tamarack from Wisconsin, and me pino irom Tennessee The cypress from old Mississippi's heart For tl.y khakied sons of liberty shall win across the sea, When brawn and muscle comes to do its part. Oh! stalwart sons 0f labor oh! men of horny hand- Army Recruiting Station Was Closed Today Tho army recruiting station in Sa lem, was closed today, according to an order received this morning 'by Ser geant Davis, officer in charge, from Colonel Young at Portland. The in structions were that all recruiting sta tions were io oe awnisned and thot the local recruiting ofjf (cere would be transferred to tho army with their present rank. Nei-gcant iJavis will be ordered to Ft. McDowell, Calif. All the U. 8. property of tho office will at once bo shipped to headquarters. The army recruiting ot'fico in Salem was established July 19, 1916. Sergeant Davis lias been in charge since Sept 1, 1917. The heaviest recruiting for any one month was 89 during last De cember. This was duo to the fact that after Doc. 15, 1917, voluntary enlist ment of drafted men was discontinued. ino enlistments in tho various branches of the army for 1917 and 1918 were as follows: August 9, 1918 being the last (lay in which volun teers were accepted: For 1917, January 19; February 22 March, 22; April, 39; May, 43; June, 40; July, 38 August, 44; September 1(1; October, 17; No vember, 30; ' December, 89. For the year 1918, voluntary enlist ments were asi follows: January 14; February, 16; March, 19; April 21; May, 9: Juno 24; July 21 and up to August 9, only 3. It is thought that after registration day, Sept. 12, some arrangements will be rnado for those who wish to enter the navy, but as tho matter now stands-, voluntary enlistment in th 4MMMHHMHMMHM FINANCIER SAYS "DER TAG" COMING TO GERMANY The building of her ships is all she army during the war is closed asks; With Baws and hammers, chorus out the glory of your land, And the loyalty and knighthood of vour tasks! The fight is yours, t0 win it, and the trust is yours to keep FaiJ-h with tliw sunlit land that gave you birth; You have waited for this hour, and if strikes upon the steep, The breaking of the shaklcg of the earth. MARRIAGE LICENSES Two marriage licenses were issued yesterday and a third was applied for but tho parties changed their minds. The first license was issued to William Frederick Kremz, 26, of Silverton and Enemy Unable To .Withstand Allied Assaults, Break-. ing Down Within New York, August. 31, 1918 Inspir ing news conies from the front. "Her Tag" is surely coming tiy Germany, but in ways the rcvorso of what were expected. Tho enemy is not only un able to withstand the allied onslaught, but is seemingly breaking down within. Interna) dissatisfaction and disappoint ment aro rapidly rising among tho Ger man people, who are gradually awak ening to the fact that they have boon cruelly deceived) by their own rulors and that they have made lasting en' emirs of the entiro civilized world. They are not only awakening in this respect, but are realizing tho tOTriblo consequences of tho worldwide ostra cism and economic boycott which they havo brought down upon themselves. Uerinuny's full is self inflicted, and thc-ro is dramatic justice in the fact, that tho policies which sho aimed to iinposo upon others aro likely to fall upon the Gorman pcoplo themselves wan crushing force. As despan grows in Germany, hopo strengthens daily with tho allies, and confidence in victory was never more vivid nor better founded, Ovoreonfidenco may bo dangerous, but peace on allied terms is prncticully assured and cannot bo far distant. If Germany's armies col lapse under Foch's strategy, as now seems imminent, the end may como sooner than expected. July returns showed an encouraging revival of our tforeign trade, which 'had suffered previously owing to sub marines and the diversion of tonnago to war purposes. Tho total exports wore $.'508,000,000 in July against $185,- 000,0(10 in June and $374,400,000 a year ago. Our imports totalled 4341, 000,000, compared with $22.1,900,000 a year ago. The net results of these figures was an excess of exports in July of $267,000,000, as against 148, ."iOO.OOO same month in 1017. As a mnt tcr of fact our foreign trade was tho heaviest of any Jul v on record, a re sult doubtless largely duo to the big tonnago recently turned out in Amer ican nnfl other shipyards; in other words, to tho failure of submarine warfare. t'rop conditions have not been sat isfactory, the damaiio to cotton from drouth and heat having been very serious, especially in Texas, and the next government report is expected to show condition about 60 per cent, a drop of about 17 points during August. As a result the price of this staplo iigain touched! record priocs. If peace comes, there may bo a scarcity; though on tho other hand if war continues there may still be enough cotton to :moct requirements. The grain crops, however, made fair, though conflict ing progress. The wheat harvest is ciirity markets will naturally discount peace- in advance. CJuite -an advance has already occurred on this account, and whilo reactions will follow it s reasonable to look for a strong under tone as lung as the war., tide runs in onr favor. The rise is also consider ably hampered by limitations of the money markot and tho policy of the banking community in conserving cred it for the purpose of aiding the forth coming Liberty Loan. Steel shares were temporarily strong, apparently up on tho expectation of still further ac tivity becnnso the government require ments are expanding upon an enormous: scnlo, and it is calculated that total requirements for the second half of 1918 will be 23,000,000 tons, whilo the output is expected to bo only 18,000,000 tons. Other war industrial! were also affected by the probable heavy do niand for munitions, but the sharp ad vances in all tho industrials induced more or less profit-taking. Thcro is a hope that the making of call loans against acceptances may result in less tension. 4a the market for collateral loans. As is well known an insuffi cient supply of money, especially in the form of tiuio contracts, has been a stumbling block to an advancing mar ket for a long time past. Any im provement in this direction, therefore, is joyously hailed. An encouraging feature is the increased demand, lurge ly for investment purposes, of the standard rails. This class of stocks under government guarantee has very attractive side, and with the signing of the formal leases it is ex pected Miat tho floating supply, which is already small, will be further re duced. As is customary when the mar ket displays marked strength, senti ment on tho Kxchango has become quite optimistic; us a result traders are not only retiring short commit ments, but a number of them are mak ing purchases being quite willing to fol low the market up so long as there is a paucity of offerings as at present. The various government issues were strong owing to fnvorablo progress of tho war. Americans displayed added strength nn reports- of organized sup port to Liberty issues in order to as sist placing the next loan. Hailroad earnings made very encouraging re turns in July; Pennsylvania for ex ample showing a gain of $12,000,000 gross and $4,000,000 net; Southern, $."),000,000 gross and $2,300,000 net; Atchison, $3,200,000 gross and $2,000,- 000 net; Union Pacific, $2,300,000 gross and $1,600,000 net; New Haven, $2,700,000 gross and $1,200,000 net; and Baltimore & Ohio, $5,700,000 gross and $1,910,000 net. Other roads made correspondingly good reports. HENRY CLEWS. Oh! men! this 5s the meaning of the fife and drums that passed, This marching out, into the war of all wars; This mother's prayer for all her boys, her baby boy the last; This crowding of the service flag with stars. 19, a student, both of Halem. They will be married tomorrow. The third license applied for but not issued was for Grovcr C. Wallace, 36, of Linn county and Jessie ltosic Kirlt, also f Albany, Linn county. The prospective bride in this case had been living in Marion county for several weeks but no no would make affidavit that her home was in Marion county. Hence, to be quite sure about it, they decided to an ti Albflnv nnd fret, married. The Then, sinews of the nation! build the; license can only be issued in the county ships until the quake in which the prospective bride lives. Of Armageddon tirt abow the sod;. .It doesn't make much difference about With the heart of freedom beating in' the groom. m every stroue you man-, ivcona.niioi.ara, iv, ol wuverton. lhy satisfactory and corn promises well, were married by the Rev. R. M. Avi- in the drouth district- Fortun-. son. The second license applied for'a,cly th0 wori,'g cereal crops prom was issued to Hen Isaac Maxwell, 20, ise tt gnffieient aggregate yield, the biuiicu-., aim iouisc. miKusia imger, countries outside of the war zono re porting satisfactory conditions. Kng land reports a largo increase of 32, 000,000 bushels of wheat and 20,000,000 bushels of oats- Franco is raising good crops of wheat, oats, Tyo and barley. Italy's crop is figured at 170,000,000 bushels or fully 30,000,000 bushels greater than last year. Even Russia's crops are above the average, but their harvesting is doubtless, a problem in a country so badly disorganized. It is quite evident, however, that our allies will not be so dependent upon us for eereabj as they were iu 1917-18. The spirit of optimism on the Stock Kxcnaiijse Deeame muca more pronounc wt iiTwlr fnvnrnhln vat new nnd some rr Godr of CoUDtry' Uh"iy ona of JOURNAL WANT ADS PAY Telief in tbe monetarjr ituation- Bt" ALKALI MAKES SOAP BAD FOR WASHING HAIR Most soaps and prepared shampoos contain too much alkali, which is very injurious, as it dries the sculp ant) makes tho linir brittle. Tho best thing to uso is just plain mulsificil cocoanut oil, for this is puro anil entirely greaseless. It's vory cheap and beats the most expensive soaps or anything else all to pieces. You can get this at any drug store, and a few ounces will last tho whole family for months. Simply moisten the hair with water and rub it in, about a teaspoonful is all that is required. It makes an abund ance of rich, cream lather, cleanses thoroughly, and rinses out easily. The hair dries quickly and evenly, and is soft, fresh looking, bright, fluffy, wavy and easy to handle. Besides, it loosen and takes out every particle of du it, dirt and dandruff.