The Bismarck Tribune Newspaper, January 30, 1924, Page 2

‘PAGE TWO o THE BISMARCK TRIBUNE BANK CLOSING EFFECT HELD EXAGGERATED Receiver Baird ys Total of Deposits Show Situation Not Like Others TALKS TO ROTARIANS Affairs of clo judged too number of failures suspensions liabil Ro upon banks 1923 or rq told ddress closed under the the legislature In giving imate figures, Capt t the deposits involved anks when compared wit the failures ir nd approx showed in closed » of comparative Baird adjoining s not i6 | the expenses of inistration minimum without, howeve ing past management of close banks which he explained probably did the best they could until a work- able plan of earing for such a d versity of interests could be worked out. He explained system of zoning the states. How through organiza- tion the number of men employed to direct the 150 banks had been system functioning effort rs back on isis as soon as is humanly Less than eighteen million deposits were involved, he said which in light of a few large failures in some other states was insignifi- | cant, Many of the banks involved have small footings, he explained, | and that the mere number of volved institutions had distorted the real situation and ing bett dency to judge the affairs of the in volved institution from a common! sense angle, de apt. Baird, The batchelor “bloc” sang a selec tign ‘entitled: “My Old Fashioned Girl,” Henry Halvorson was conduct or, It was decided to devote three minutes each week Wor some weeks to come to the subjectiof corn and its economic significance to the state George Will gave brief — talk emphasizing the fact that Bismarck was the corn capital of North Da kota as here originated the first serious efforts in corn production in Compared — with many still leads in corn pro acre of corn wheat was planted in Burleigh county. Next week Ar thur Gussner will discuss “Canned Corn. Arthur Bolster of program committee eral birthdays were La Rose did the honors for Otto Schimanski; Roy Logan for Ed. Perry ang Fred Copelin for Hal Dobl Attendance was 94.4 percent. man Henry Duemeland reported that | there were now 1,626 Rotary clubs | with a membership of 98,700. It was | decided to have a ladies night Feb, e MeKenzie hotel. A dance | the program, Guests of honor were Robinson of Medora and Capt. Baird, receiver of closed banks Rotarian radio “bugs” were urged to tune in at 5 p. m. Washington | time, Feb. 22 when Calvin Coolidge will deliver a tribute of interest to | Rotary. The February program committee | will consist of A. J. Arnot and Dr Rpolings. in duce affairs of some reduced, .This now and e e to put aff in-| it one four of the presided celebrated, Vic January Sev-} Harvey | Ray | JONES GOES: TO ENDERLIN Promoted to Position of | Trainmaster on Soo Line | | A. A. Jones, chief dispatcher on | the Missouri River Division of the Soo line there, has been promoted to the position of trainmaster on the main line division and will be | stationed at Enderlin. He assumes his mew position the first of the | month, Mr. Jones is long experienced in | the railroad_business and has fil i various ipositions on the Missouri iver division, including acting su- perintendent. Hts duties as train- master are on the division from £nderlin to Portal and include the line from Kenmare to Whiteta Montana. August Mellon, dis: patcher, has ‘been named chief dis- patcher to succeed Mr. Jones. BOTTLE BURSTS; GIRL HURT Stanley, N. D.,' Jan. 30.—P injuries were sustained by Mildred Didie, 10, year old daughter of ~Mr. and Mrs. John Didio, when « cork ink bottle which she was thawing} out exploded and’a piece of the glass struck her above the eye, inflicting a —————— = Piles Can Be Curec Without Surgery | An insteactive book has been pub- | lished by Dr. A, S. McCleary, the noted rectal specialist of Kansas This book tells how snfferers les can bi nat god and ea: ily | ithout the f knife, roped or burning method, | jut. confinement to bed and no; pital bills to pay. .The metliod been # success for twenty-four | ‘and in mote than eight thous- “pases. The book is sent post bald free to persons afflicted with or other sectal troubles who gti ito and mail it with name | Hebron, N. D, fat Ottay lof a considerable | Total YES, THE It's t long mile.” Besides their nine-pound r the heavy snow drift u And the hargest, tes and 75-pound 4 » training for ser | deep wound. uncork the | girl had not) children to the little warning the but tio bottles heard the BRIQUETS GO 70 CANADA Shipment Made From Univer- sity Station at Hebron Grand Forks, 30.—A | carload university N. D., dan, briquets made at the state | mining sub-station at | fron Canadian ig | nite has arrived in Ottawa, Ontario, | for testing purpe cording to a | dispateh received here Monday trom | Winnipeg, Man, This shipment is consigned by the Saskatchewan — lignite — fftilization to the Canadian government . the dispateh sai The board has arranged to send a car- load of the lignite briquets to each of the governments of Manitoba and | Saskatchewan, For some the ( has been Babcock, ‘This is th in session in j France; Gen | Sir Robert ¥ ! gium anadian orking, the stat tr Suskatehe the lignite urbonize de Dean Babeoek and Mines, Washington, iting North | Tests of lignite from provitces were made last represen- ninent time ov- with ani lignite signed gjointly by the Bureau D and used lig’ the Dominion at the university tutives spending so at the mines on the campus, Arrangements were made recently | for the carbonizing and briquetting | mount of the Sa- | katchewin | lignite at the Hebron | station for experimental purposes | and the work has just been complet: | ed. STEELE TEAM WINS DEBATE bate ontiris OVER LOCALS | commission. year, in wove school of} All that The le U.S. sh | pact with the St. 1 The Stecle Debating team was vic torious in the first competitive inter- school elimination debating contest to be held here last night. The question was Resolved: | School Board, Jing. Judges son, Scott Ca Total reserve of the state banks | cember and trust companies of North D. 6 g than requ Blow ta | e }terly ca 942 more eq | terly call of according to atements of banks made as of De-|tal reserve i Abstract of Comparative Statement of the S Decem RESOURCES wrence Ontario George Register, Daird Lingren, “That ldan high school and C. an abstract of |Partment, announced toda POOR COOKS WORKED OVERTIME ned regulars of the Thir d down with snowshoes, infantry SU. S.A skis and goloshes as they plod too, packs: vice in the northw They Will Decide Germany’s Capacity to Pay @ first photo to reach the United howing the of the Paris. Left to righ *. Flora and Dr. Pirelli of Ita eral Charle rman of Committee) and Owen D. Jolesworth Kinder Sir Charles Stump of Great Britain; THIS ENGINE WA Repu ratic Alix and M. Youn of the and Emile S BLOWN 100 YARDS remained of a pa kage, shown he it exploded y the force » Killi 1 and the a decisi Tirmati George Slickson and Wil- ould enter into a com-| ada to jointly improve River, b ven and Montr re y the Inter Joint report of th of 8 to 2 in r of the The Bismarek Knowles, Waldo liam Hilly the S| Forrest © ind Miss After th |} smarck Ste rooms of chool team was, io: A littl stt 000 Liverpoo phan boy h a distance total fare amounted He ‘is Noel V whose parents died berta, Canada cure for him, member of the ded at this meet inbjorn John me. F. Crawford, principal of the Men- L, Roberts e team was composed of rlson, Clarence Dahlquist lyn Stocks. debate men f the team — enterta the Je team and Judges at an infor- | , pre v ne STATE BANKS SHOW AN EXCESS OF RESERVE nder the regular quar equired reserve of $6,-176 over the year 4 the state banking -de The as com- cash on hand cxece: call by $180, The sts to ‘The profits banks show an increase of undivided of all the 8 $10,084,520.26 0,122, ement fol tate Banks and Trust Companies in North Dakota for ( nber 29th 1922; October 31, 1923; December 31 1923 O61 State I 610 State Tanks 4 Trust Co § ‘Trust Com- panies reporting 363 State Banks 4 ‘Trust. Com- panies reporting bet a Loans and discounts . Overdrafts Warrants, stocks, bond Government issues Banking house, furniture and fixtures Other real estate ....... {Current expenses . Due from approved reserve agents Due from other banks . Cash items .. Cash on hand ... TOTALS : NET INCREASE (I) OR DECREASE (D) LIABILITIES Capital stock paid in Surplus find . Undivided profits ...... {Due to other banks . Deposits subject to check Guaranty fund deposits Demand certificates of deposit Time certificates of deposit . Savings deposits ..... Certified and cashiers’ Bills payable Re-discounts ee Other liabilities ........ TOTALS NET INCREASE 3) OR DECREASE (D) checks... Total Deposits December 29, 1922. Total Deposits Octobér 31, 1923 Total Deposits December 31, 1923 Total Decrease October 31 to December 31, 1923 serve December 29, 1922 Total. Reserve October 31, 1923 . Total Resérve December 31, 1923 ... Total Reserve Required December 31, 1923 to’ Dr. MéCleary, D542 Sanitarium, Kensas City, Nerd Reserve December 31, 1923 ... ... $102,566,947,42 et es -$ 11,299,,500.00 + 132,2 § 92,061,1 356,360.54 4,841,814.81 1,145,084.09 7,307.92 159,492.84 4,443,204.81 239,330.82 70,283.63 965,727. 3,984,921 4,490,098.25 5, 568,466.88 3, u 18,687.63 254,788.; ae 11,641,894.12 759,500. 606,76: 1,751,254.99 11,920.84 48,483.07 7,893,206.49 504,712.45 ' 416,218.66 1,502,852 1,683,601.32 $132,276,724.70 — $120,881,567.36 $108,104,; $24,172,218.11 D mal supper in the Dome A Youthful Traveler. or Pr walls at the Close of Business on DIVIDEND WEDNESDAY,. JANUARY .30, 1924 IS DECLARED Steel Corporation Has Big Business “New York, Ja the wildest stock 1 in recent years took morning when thousands of buy- ing orders a red as the re- sult of the d ation of an ex- tra dividend o. nts on stock of the United Corpora- tion, initial ga active is- sues ranging from 1 to 6 po’ of arket sessions place this 30.—One s of Directors of the United St Steel corporation deslared an extra dividend of 5 cents & share on the commen stock 7 i} rounting to 2. in addition | New York, to the regular monthly quarter divi rom Fort Snelling, Minn along through pus|Gormizcion| | Marmentier of | United States; rancqui of Bel- ng three train- building. fe S-year-old_or- raveled all alone miles And his to less than $5. Ferneborough, recently in Al- iends here will vrevious and the ds the previous lows: Tnerease (1) and Decrease (D) 34, 19: 1923 $ 8,753,837.83 D 196,867.70 D 398,610.00 D 31,250.31 I 260,662.74 D 299,542.64 D 1,297,250.60 D 1,608,714.35 D 43,770.62 D 129,830.89 D 180,776.29 I $ 12,777,060.77 D $ 10,535,800.00 8,664,035.19 $ 9,763,800.00 3,462,559.57 330,422.76 282,841.47 23,650,272.25 512,643.03 540,427.02 51,205,148.41 2,758,746.26 1,056,598.34 13,995,074.54 828,812.09 $ 1,535,700.00 D 564,728. 230,809.93 85,825.74 8,285,237.40 107,566.95 97,820.02 6,922,619.85 201,688.46 606,437.07 6,711,025.96 189,170.19 4,027,287.90 99,612.83 308,167.21 366,178.02 36,960.04 507,383.46 903,294.86 55,156,621.59 2,842,09 1,626, 405,076.08 412,607.00 58,127,768.26 2,55 7,057.80 1,663,035.41 20,706,100.50 517,982.28 127,019.78 76,724.70 495,109.76 203,468.35 4 217,160.85 90,141.07 I $120,881,567.36 $108,104,506.59 $ 24,172,218.11 D ee - a 4 --$95,499,221.44 --- 89,938,996.51 - 80,006,676.78 - 9,932,319.73 - 14,152,649.94 11,553,228.94 -10,081,520.26. 6,381,750.84 3,699,769.42 $ 772,000.00 201,475.62 330,422.76 83,336.55 4,886,687.79 5,259.57 362,867.84 D 3,951,473.18 D 83,847.10 Dj} 569,866.84 D 2,049,088.01 D} 166,297.67 tie 13,692.50 I $ 12,777,060.77 mie | i 1 | } Ne D D I D D i | ee ane ‘ast qu: | | ford it. | North | Comm Gun | that connected that sturdy ox power derds of 11-4 per cent on the com -4 per cent on the jointly total $1 » corporation after de- expenses, t on bonds} were $49,- | e of $2,905,300 over » his execeded all oper the preceding quart: all previous estimates, most of which | predicted a slight decreae below the third quarter of 1 u Considering the net | earnings for the present volume of filled orders on hand, rman of the corporation said full | justice to the stockholders requ an tra dividend on the ¢ stock and one-half of one per cent. U BUILDING HELD LUXURY | Nice But State ( Can't Afford It, Says Gunderson o! b 30, ~The the state is a nice thing, but the North Dakota cannot af- This statement was made G. Gunde president Dake uspayer an address Monday members of the eclub. Taxes are bankrupting the tas pay crs of the state, he dée! nd something must be don payers’ association ‘on is the head recentl. cing before the vot ate an initiated measu for a general. cut ul taxes, The the initial reduction ha: cently been reduced understood. Exception to Mr, statement that state ed stitutions should be pruned w ken by Dr. H. F. Har Forks, distr uperintendent of the Methodist Episcopal church, who : le tended the meeting. Dr. Harr the stand that, in view of the | ion to this country, a sttong ed-! ucational system is needed and that it must not be allowed to lose present status. | HISTORICAL MUSEUM IN JAMESTOW Jamestown, N. D., Jan. 30- ing been given a home in the i ment ofthe public library, the Stuts. man County Historical Socict turned this room into for the housing of man historic value which it has ar continue to accumulate. This will be opened to the public on Satur- day afternoon, February 2nd, und it| is the plan of the society to keep it | === open every Saturday thereafter from 2 to 5 o'clock in the afternoons. The room, turned over to the So- ciety by the library board, is the west room of the basement and it has been fitted out w number of | show cases and ibit cabinets loaned by various. business men of the city. These will be filled with} the smaller artitles, each di n, according to its era of history, in-a| special group, and the larger artic- | les grouped about! them. | Already some yery interesting e hibits are in the room, such large collection of battle equip: from the fields of Argonne and V dun cf the World War, souven brought back from the Phil and the Mexican frontier by th of Company HI, relics of days when the Indian and buffalo roamed the plains, and some of the old yok people of by J. evening ° Lamrore tion, in before pro: of a) PEO= per of re posed p the viding of 2 perecn more i in- s ta- Grand’ | ( immi- la t f |When You Catch Cold: Rub on Musterole | Musterole is easy to apply and it gets in its good work right away. Often it pecyenon a cond from turning into “flu” leumonia. Just apply Musterole wi the fingers. It does all the good work of grandmother’s mustard plaster without the presley Musterole isa ci white ointment, | made of oil of mustard and other-home simples. It is recommended by many | doctors and nurses. Try Musterole for | sore throat, cold on the chest, rheuma- | tism, lumbago, pleurisy, stiff neck, bron- \ chitis, asthma, neuralgia, congestion, Pals and aches of the ck ani joints, ! ins, sore muscles, bruises,chilblains, | sted feet—colds of ‘all sorts; To Mothers: Musterole is now made in milder form for/ | babies and small children. | | | "Ask for Children’s Musterole- pears fi ad hos- Day Phone 100 Better than ¢ @ mustard Plaster theatre on k and ‘cent of color u caning in one vareer as Pu mel Myers 1 ie = i quite poorly Undertakers ($10,000.00) TenThousandDollars MORE SPENT IN Bismarck in 1923 According to the latest returns,the tape measure men took $10,000.90 less out of Bismarck in 1923 which means that that much more was deposited in Bismarck Banks instead of Banks of other citi It also means that the men who invest that money in good clothes appreciate the opporunity of helping to build up the industries of Bismarck which naturally Makes Business Better in Bismarck. as ea es WE MAKE CLOTHES EIN BISMARCK OR THE MEN OF BISMARCK. BISMARCK, N. D> Custom Tailoring ) | f the pioneers to the plows “that} roke their tr » with relics of the Jones, Mot cle, John Jenson, Hazen, [at THE MOVIES . THE of | Addresses High School aC. i. Rall Ir School Superintendent, high school a ing on the \ High school BLYINGE Desire, ut the FE: wis af adaptatic “Slave newn Confined To Hospi A. MacGilvary i imagin. e Bi and po which arek hosp: ss for oted, Of primary inte d son Vernon a city to be with Mrs. MacGilva . of course, bert E. Gable, the the reen, pla Chesen s Lou To Debate * producer, George W ome mer of ae | Woman's ee Jamestown — ¢ poet ‘ scheduled ton n the is to be roles of », the heroine, Car 2 violent entry in-} by her alluring ar fature, AGGIES LOSE nks Os sereen vamps eiaulanl the ountess Fedora, CITY NEW centti t North Dakota » here last nig) The contest was clean through- player. declaring have met ¢ rere ca feree Ha Very Poorly Webb is at her ha Mrs. -P.-B: ported to be ie \ ¢ on Fourth | Few ‘team they Tonight ay the ng. No Skating IN GARTZ little town ms the record narried couple: - solden: Ww al nniversari Within the 1 arck hospital months the sixtieth anniversar- Osear Lang, of Gartz have been B Street y the principals and most poleon; Fred El- 000 population. B. Holt, Brads pot been b Miedlinger, Hazen; | Ga ; , Werner; Mrs, Leslie R.jtion of the ideaeantiau lta NO DIVORCE ay rendered F ting rink unfit for skat onight. It will not be open. Bismarck Hosp Admitted to the or treatment: Henry ie a_divo. Demand Aspi b SAY “BAYER” when you buy-Gonuine Proved safe by millions and prescribed by physicians for Colds Headache Neuralgia “Lumbago Pain Toothache Neuritis Rheumatism which contains proven directions. Handy “Baycr” boxes of 12 tablets Aspitin is the trade mark of Bayer Manufacture, of Monoaceticucidester of Sallcyleatla Gopuine vet Accept onty “Bayer” package ; Also bottles of 24 and 100—Druggists. ee + Business Directory WEBB BROTHERS oan tamer Pa he dal D msed Embalmer in Charge dine Lice: DAY PHONE 246 NIGHT 4 PHONES 246-887 PERRY UNDERTAKING PARLORS Licensed Embalmer fn Charge Night Phone-100 or 687 4 yy.