Bemidji Daily Pioneer Newspaper, October 21, 1922, Page 6

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% the city banks will be wise enough not to start new ones to serve:as) their branches, banks will buy control of ithe bett country banks. This .will;develop. tricts at the ‘presenttime: THends; |3 Instead the city} and Ethel Betts, and Mrs.'W. Sclioen] of Virginia. L i Those from Bemidji were: Mr. and Mrs. E. Alton and son, Lyle, Mr. and Mrs. John Patterson ‘and 'daughtery] " A "Avin Bloomstrom, - Misses Dorothy:[fewe 3 t T e T Rental prices have been shargly 4 P er for this‘season ' EXPERT for the remaining nights of the month not ;nlrea.dy 3 L By new and active Market for country .MRS. JAHR ENTERTAINS Dorothy, Mr. and Mrs. P. Edd, Mr.} mrc“ HEPN'NB T : (Continues From Page 1) | bank stocks. Small banks in grow-| Mesdames T. Tharaldson;:‘A. E.fand Mi;. Gust. Froyd and chil,dxen || L o5 A f Taken ks are distinetly worried about | ing comunities will be in special de- | pljicon, and R. W. Bush of®Brainerd | Mr. and Mrs Dy J.. Wilkes, Mrs. s gy e y ; and are: lpoking for some other |mand. Their stocks will;surely Sell} yore ontertained last evening - by Jensen, J 'l" son, Arthtr. Jol X e ”a” F w’ m”" for recouping their prestige. [higher. At the present time most|g . " o"p "y B 1228 AN, WL PmeYerson, by : m f H S I L attention | bank stocks sell on ‘book value’: with- Ao (A} <her home son;Mr..and Mrs. Charles Swanberg tofforeign trade organizations, eign Trade’ wasuthe keynotecat the erican Bankers ‘conventipn - two yéprs ago, The: foreign trade ‘busi, ness, however, has Abt. panned out as Il as the bank#'had-hoped it would our-reeent tariff-has givenalmost & ideath blow to what little : foreign trpde we had. Thus, the bank’s hdpes “in 'this- regard’ are not very sanguine at the moment. nks..ave;;gradually coming , however, that they influences with the country. districts_oly with an organi- zation “of *'branch - banks. Hence, their is a'drive at the present to have the National. Bank Laws.amended so that a city bank:can own a system of branch .banks: in -the. surrounding cities'and -towns. :Whether . or not Rhis -is in.dine-with- Deniocracy, it i a.very debateable queston; but the drive is on and'my guess is that such branch banks-are as inevitable as the chain store. . “One Christmas Mr, Henry Ford sent-me- anautegraphed- photograph ion :which ' he .wrote these words: {Eliminate.absentee _ownership and iindustrial; ymbleins will solve them- seves.” He is correct in ‘that absen- itee ownership is a present - difficulty with' our industrial organizations. As ‘For- out any consideration e value of ‘good will’. - As soon as a city bank bids against ~one . anather - tor the country banks the ‘good- will' feature will at once be of valwe: With the banks of small capital stock, this will at>once ‘become ' a7ivaluable asset. Banks which have a small capital stock and banks which have a virtual monopoly of the banking interests in a community will be in”special de- mand, ‘A community ~which has four small banks will have these four banks .purchased by . four . big city banks so that each of the four. big city banks will-have a branch in the smalles city. *:When, howeyer, there is only.one bank in a cemmunity the four hig-banks will eompete and bid against one another-for:the stock of this: one'bank. “‘The of-many of ‘these smaller banks; whieh ean to-| day: be bought-around.par;-may later be_purchased by some city bank .at $200 to $250 _a._share. All the Jcountry banks need:to .do:to bripg about these conditions-is-to-buy: gaod securities, avoid risks, and:to:keep themselves in: a stropg.position. The: city- banks will be-willing $o; pay-a: good price’ for. goodiwill:and -will not especially eare. aboutimmediate earn- ing capacity; but they will want:to. be sure that the assets are sound and: ?muuta ayenue, jn a_pleasant. so- and reffe ts ‘Were st sh. was guest of honor. 1] s | 5 3 BIRTHDAY, .PAREY.. . . few friends were entertained at irthday surprise. in_honor of Mrs. P. Ritchie’s /birth “/anniveredry ésterday afternoon at _the home of J.'C.-McGhee, 1709 Irvine ave- nue, thers: being six guests to whom a 5 o'clock dinner was ‘served. birthday -token was presented Mrs. Ritchie by. the. friends. BIRTHDAY' PARTY A birthday, party. was-given yester day: at. the: Ross-Wilcox residence in Fifth Ward, the occasion being their son, Winton’s third . birthday. A pleasant afternoon was spent at games and a. lunch was . served. Guests invited -were - Ermie. Bentley, Aileen. Rice, Billie -Armitage, Char- lotte and: Clarence Evenson, Agnes amal -Bobhie Monsan and -Anton: Ung- stad. COMPLIMENTARY PARTY ~Misses'Mabel Weleh and-Stella De ‘Rushia entertained at a party at the Mr. and : Mrs. :A. -K. Larsen,’ Ragnu: Edd, Mrs. M. Hyllingrin, Mr. - and Mus.: J.. Severson were' presented & set of silverware. - LEGION MEMBERS ASKED TO.HELP FURNISH GAME;| any other persons who are interested are invited to assist in supplying tne game for the big dinner to be served for the-Eegion in the Elks club rooms Thursday evening, Oct. 26: A num- ber. of .the Legion members plan on going out for igame .the. first of the week, while others are invited . to assist if they care to,. R.'B. Lycan is in charge of the dinner and those .who have.any game to spare are in- wvited .toi:notify -him small game licenses should -be’at- tached to the birds. He Gets. Full . Benefit. Hubby—T can’'t understand why yo should always show such a mean an u d cranky. disposition -in the morning. I ‘Members of the Ralph Gracie post'l] of the American Legion, or. in fact f| 50 that it ean |- be ‘put-on-iee until :Thursday. In| this: case the tags accompanying the |: o 2y SUBSCRIBE FOR .THE PIONEER and other meetings, “i parties, ‘etc. . ‘Moose Hall- excells in light, ventilation, size, location, quality of dancing floor; etc. i 4_:Tll\eivlue of a convenient kitchen'may be arranged ffn's_ - Best Value Hall in Bemidjl The good reputation of the Moose Hall will continue to be maintained. The right is reserved-to reject any applications for rental. For rates and open .dates con- sult as far in advance as possible, the Moose Club stew- ard, John Matland, at the Moose Club. Phone 62. Corner 4th and Minnesota, over Bemidji Hardware Co. LA AR For Todge dances, JeR iy i Hotel Building SATURDAY EVENING, OCTOBER ‘21, 1922 regl\'iced. ' READ THE PIONEER WANT ADS i mfi IIIIllllllllIIIllllIflIIIIIIIfllllllllllll]II_IIIIIIIIIIIIIIIIIIIIlllllIIIlfllIIIIIllII]!IIIIIIII_Ill_lIII_lIIIIIIIIIIIlIIIIIII!IIIIIIIIIIIIIIIIIIIIIIIIIIII £ I “DeRushia - home, Mill: Park- Wednes-| . Wife—At what other..time.should day evening in honor of Miss Mabel | show it, may I ask? .You're not here} Tanner. Halloween-decorations were | during ‘the rest of the day. used and Halloween . games . were ; Hih AT e DISCOVER EYE WITNESS cluded Misses. Pearl Tanner, Rose| “T(:NEW JERSEY: Mflm)ms ‘Olson,:Pearl - Phibbs, Florence Min- LA T the chain store grows, a similar dif- ficulty will develop which we do not|ducks.” have -with our retdil system, and as| General business as reflected ‘in .a system ..of branch banks grows,|the Babsonchart continues to im- there will <be that - same difficulty | prove. Its present-cendition—but 3 with ouy, banking syStem- Yet Ilpercent.below normsl. The highest believe these changes are inevitable. | point’ in two years. B Branch banks will be _established that the bank has not many lame R | | | _._.,.__Lk S | % . nd;{cmd. P:ttefi'soila, .w‘h;?l ‘has retained:the: :bqilorfing- staff :Rural, school graduates have increased 175 of the Moe:shop, with the addition .of one ex- ; Se t ez st Partwocill st Kthe Your. Servants WHITNEY _BROWN ' ENTERTAINS ‘Whitney ‘Brown entertained +in- formally ten ‘Bemidji young people Wednesday evening at® bis . cottage recently purchased of C. L.-Mikkle- son at Birchmont Beach ang.a pleas- ant soeial evening ;was :enjoyed. throughout the country, and Congress :will enact such:legislation. as-is need- ed to:make..this, possible.” Mr:. Babson was then asked. what the.effect .of .this.would be on_bank stocks.and.he replied that it should be a benefit to bank stocks. ‘‘There are enough banks in the country dis- PAID ADVERTISEMENT (Inserted.by ‘and for J. C.-McGhee in:his own behalf. Amount paid for scries?$20:00) nick; Ruby Morse, Isabelle and Stella (Continued from Page 1) DeRushia, . Mabel elch. and -cthe|pouge of a neighbor of. theirs and] gu.eat‘of,hpnor,- iss: Mabel 'Tanner.| never being -seen to émerge. They. - Miss' Tanner was presented: a number |said that the woman. in-whose house of beautiful presents. the woman in_gray had vanished, had named her. to them, bnt when .my’ men; went to that woman; she! deneid Mrs. T. ‘N. Rode- entertained 14| that she.knew the identity of her] Jadies Thursday {afternoon. The | mysterious- visitor .and .told. conflict- house was prettily decorated with|ing. stories: of iwhat_the woman in] ent: flewers.. Conversation- and -story | gray had done while in her-home. lling -were -indulged in- after-which rs. Rode served:lunch: =~ A large dding cake,-announcing to ‘the guests theat this .was:Mrs. Rode’s enty-fifth .wedding - anniversary, was a feature of the.lunch. MRS. .RODE. ENTERTAINS DAILY. PIONEER WANT :ADS :CONTAIN Ol ITUNITIES | The Minnesota. Electric. Light and:| 'hose : present ..were - ~Mesdames | Power-Company had a fine oak count- acon; Fallon, Roe, Richards, Whit-| er .for -which they had “no further iman, Skinvik, Erickson, Jergenson, !:use,. and: they. also. wished to .pur-: of San-Frangisco, :Akre, Mosen, and |chase a second hand cath register. daughter, :‘Hanson, Nels"Rode and| - Manager E. E-'Swansthn 3aid today, Betsy Roe. “take out those want ‘@ds, we sold " Mr. and Mrs. Rode entertained | the counter and:got a:¢ash r?gister, Rev. and Mrs.' L. J. Jerdee, Rev..J.| YOUr :want: ads:are.all ‘right.” -~ C, Jerdee, Mr. and’ Mrs. Nels Rode,! Fora few. cents and’'a very. little Gasper Halvorsen.and L. T..Bjella | SiLort YOU :may. turm 2 deal thot 3T delock diner. VAT ADS DO YOUR RUNNING Mrs..Rode .was presented a silver| a7 N % cake basket.by Mr..and Mrs. Nels AROUND: 3 J Rode and Thombas Otes and asilver | berry spoon by:Mrs. Roe. SUBZCRIBE FOR' THE PIONEER SURPRISE "PANTY Mr. and: Mrs. John -Severson. of . East . Bemidji . were . surprised ..by ..a TRY AN ORDER OF ¥ } ! | 1 | i | | ‘gofipiy:Superintendent” iate your vete, Nevember 7, 1922 “Beltrami County Voters: P v {The; administration of J. C.- MtGhee, County Supénng.engnt of Beltrami coynty, .has .been canservative, economical and effiéient during his past term. ayerage rural school term has been lexg'then . 4 +.. Zach ‘rural pupil’s .average .attendance has increased 18 days. ¥ The loss apportionment by ..non-attendance 1 has.decreased 26-per.cent. An Annual Teachers’ Institute at each end of the county, and monthly sectional meetings haye advanced the efficiency of the:teachers. Higher wages for better teachers:Bave:been _The best American citizenship has been pro- moted. ‘ ¥ ' “Dvery effort has been made to equalize’ ed- ucational opportunities. 2 oy No unqualified teacher.is teaching in-Beltram mi county.. ~ / i ' 1292-wisits were made to the school during the tefm. 352 visits were made last.year.ous; - ‘Decisions: have been: fair, advice. sonnd;u work tozimprove the sehools incessant,. n:7Annual< Sehool Officer meetings. have ;hes .1held in-each. of the three divisions of the county. . ~Mr. McGhee holds a FirstiGrade Professional Life Certificate, the highest granted in the state of. Minnesota. i ‘The.above statements may: be verified by the records of the office which may be inspected, by the public. p Your yote for:J. C. McGhee for County Su- perintendent is.a vote for the continuance.of’the same faithful service and for the promotion of . the welfare, of .the' Beltrami. public schools. & Very truly yours, Mary Lilleskov, s Assistant County Super- intendent. Y % - .iX certify that the above statements are cor- i reets - Isabelle Holdahl, ; Acting ‘Assistant A (it st sy B number. of friends and relatives at ‘their - home last Saturday evening. The evening was spent with music and dancing, and at midnight a de- licious lunch:was: served: by the self im‘riud guests. The .out.of ‘town guests all from_ Brainerd, made the trip by automobile.” They were Mr. and Mrs. J. E., Bloomstrom =~ and daughters Eveleen :and Vivian, ‘Mr. and Mrs. Elmer Bloomstrom, Mr. and ¥ ‘the direction of Pro. Gils- dorf, 36 years experience. -Fall Kaufman, Sam Fremling, Ed Elling | Minn.. - The tailoring establishment. formerl‘y conducted 1by Martin:Moehas been:taken *-overby E..P. 3 s located in the same build- eterson iJewelry store. “The tailoring shop ‘ing-as -themg : . " ‘CLEANING'AND PRESSING | “The’ same’ gosd tailoting .and service will be “imaintained as 'formerly—with the same tailors 1 —=wha-are experts in theirline. . . ; New:Eall and Winter Woolens Are here now. Come in ';md; look them over. E. P. PETERGON Proprietor stk W T OUR PRICES ARE LOWER THAN OTHERS iy lIIl_lllIllillllllllll“IIllIl_“lfllIIllllllIIIlliiiIll!lIIlIlIIIIlIilllI“llllIIIIIIIIIIllIlIIIlIIIHIIIIIIIlI In order-to improve the service to users of electric current we have found it hecessary to change the main lines north of Eighth Street on Beltrami Avenue and Be- midji Avenue to the alleys. ¢ o We will run wires. to all homes from poles in the alleys, which in many cases means the changing of the location of meters and scme changing of the wiring in the homes. This latter expense must be borne by the ‘consumer. : Vi piak K The cost to us runs into thousands of dollars, while - “the cost to the consumer is but a trifle. We earnestly so- licit the cooperation necessary. in order that the best of service may be maintained at all times. g Power Company E.E. SWANSON, Manager i Thmxgénds @:dollars worth -of property. are often | i used in making a single long distance call, and “for” Jocal message you -have the exclusive use, for the” .. Bime being, of bundreds of dollars worth of property. . i féxflg' qi;,l’y,animn}ens’g%tanofmachineryandwirw, tbut-a force of well trained employees and a capable {management are necessaty to provide telephone service. ‘The services of -all our employees and all cur equip- ment are furnished at a price which enables you to get perhaps more pleasure and more benefit than for \ any other like amount of money you spend. ‘NoRTHWESTERN BELL TELEPHONE COMPANY innesota Electric Light & A IR El i .of Schools Mrs, M. Bloomstrom and family and || term now opens. - A i % s @ Mr. and Mrs. M. Kaufman, Mr. and || TWIN CITY BARBER COLLEGE 5 .Gny_lid.nte. for Re-election Mrs..A.:Wendt. and. son-Elmer, Frank || 204-Hennepin Ave., Minneapolis, & i

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