The Bismarck Tribune Newspaper, January 14, 1925, Page 8

PAGE EIGHT OLD PAPER IN, THE ‘What the World Is Doin STATE'S BANK YIELDS LITTLE Not Much Chance of Much of Collateral Four Years or | More Old Paying Out Among the facts of material inter. est brought out by an analysis of the audit of the Bank of North Dakota which has been made public by the state industria commission are these. | 1. The reserve of $2,000,000 set losses nee the expected | up by the auditors to cov is by no means too large losses may reasonably be to reach that amount. 2. The larger proportion of these losses inherited by the present bank ment from the loans ete largest item in the group The against which the estimated loss of $2,000,000 is charged consists of $2,471,858.23 due from closed banks. The other items to cover which the loss account is set up are comp tively small aggregating only 301 \ Against this liability of the clos- ed banks the Bank of North Dakota | now holds collateral having a face | value of $2,555,947, and the auditors | are very skeptical of the collectabi-| lity of most of this, pointing out | that collections have already been | made on the best part of the colla- | teral held by the state institution. | From Year 1920 The situation may be illustrated | by a concrete example. The audit | of the Bank of North Dakota made! as of Dec. 3, 1920, showed 23 banks of the state which had closed prior to that date had liabilities to the Bank of North Dako When the 8 of Oct. , nearly four years later the liabilities of these same banks was'$500,542. It had been re- duced less than $148,000 during the period intervening. The same situation obtains with regard to other banks in which were given heavy deposits and loans by four years ago, and which closed at @ somewhat later date. Taking seven of these banks which | were favored with large amount of | Public funds, reference to the audit | report shows that liabilities to the| as 4. job. Many mechanics try to prevent parts are closed and the tools cannot fall through if dropped. As Seen by Popular Mechanics Magazine Pistol Slot in Night Stick Helps Policemen Shoot Straight Police night sticks with a steel slot in one end to hold the revolver butt. have been tested by the New York department, as an aid to accuracy in firing. Holding the club against one ehoulder and putting the handle of his revolver in the slot, the policeman can take a steadier aim. see Keeping Tools Out of Transmission Anyone who has dropped a wrench pair of pliers, or other tool into a Ford transmission while adjusting the knows how difficult it is to re- cpver it. Usually it slides down to the bottom, where it is practically impos- sible to reach it, unless one takes off the transmission cover, which is a long such mishaps by tying a length of cord or wire to the tools, but this makes it rather unhandy td use them. A bet- ter method is to stuff a rag beween the gears and the case so that: all open Gasoline Produced from Plants to Be Grown on “Oil Farm” he has successfully produced gasoline for automobiles from various kinds of plants, a French scientist has pro- posed that a tract of 500,000 acres of land in western Africa be devoted-to the cultivation of this vegetation for the production of 90,000,000 gallons of petroleum annually. His process is based on the fact that artificial petro- Jeum can be manufactured from cer- tain so-called “ether salts,” and these are found in a broom plant and in other fibrous and textile vegetation Gasoline is next obtained in the ordi- nary manner, which, the professor as- serts, is “exactly like that produced in Pennsylvania and equally good for use in motors.” Utilization of the fibrous by-products of the vegetation on the proposed “oil farm” in the silk industry and in paper mills, is fea- sible, he claims, and will afford an ad- ditional source of revenue. eee Fireless Locomotive Ran by Steam Charged with water and live steam at a boiler plant before it is started on its tasks, a fireless switching locomo- tive that needs no tender and makes no smoke has been tested success- fully. It is said to run two of three hours without recharging, a process that requires about twenty minutes. Economy is claimed in operating as no fireman is needed and the expense of cleaning smoke from the walls of adjacent buildings is saved. Following his announcement that | quent occasions to pull Effective Post Puller Farmers, and others who have fre- » Will find the device shown in the drawing effec- tive for doing this work. It is port- able and can easily be operated ' by one man. The upper details clearly show its construction. two parts made of heavy bar iron, PLATE WELDED TO BAR [as = POINTED HANOLE PIVOT PIN ~y i 2 The lower part and the handle or | lever are integral, being bent to the shape shown and the elbow flattened and drilled to receive a pivot pin. A plate is welded on to serve as a foot. The upper part is forked at one end to straddle the flattened elbow and is Pointed at the other end to grip the post. In use, the device is set in the position indicated and the lever fs pulled upward, which causes the post to rise. see @Small glue tubes are hard to keep st hand on the desk or in the drawer without having some of the contents Oose out over the papers or on the surface of the desk. A simple holder, which eliminates this trouble, can be made by cutting three sides of the carton in which the tube is packed 80 that the upper end of the tube pro- jects. The upper portion is then: doubled over and tacked to the wall. BY CHESTER H. ROWELL This is to be a personal column,| Bank of North Dakota of $694,767 | | to this class of obligations. Under | the form of collateral agreement » used however the Bank of North have been reduced by only $93,901] a during the four years which have in- tervened between the 1920 audit and} But let us hope that it will also the one just completed. not be the vehicle of merely personal! How little the liabilities of’ these | crockets. defunct institutions have been re-| We are all cranks on something; duted during the bhown by the following table. as the morning and the evening! mark its changing days, and to see| Bank a in its happenings ‘something to learn, to interpret or to question. If these views shall sometimes pro-! "OMB Sac voke interested dissent, so much the Scandinavian Amer- better. That is what brains are for. Sean, Fargo......$329,028 $434,126, The main thing is to find life worth P-osper e, {/iie. trouble: cfithinkingvand eating, Proper ‘ 31,592 10,762, —— Peoples State, Hat- | It is u good thing we can not all ton ..........., 25,066 51,811; agree, anyway. Otherwise _ there! Security State, would be no room for us in the one! Deering ........ 37,478 place and the one activity into which Peoples State, ( we should all crowd. selton ize 86930 46,2001 The writer, for instance, would not| Peoples State, Leith 18818 33,551 trade his California hillside, with its First. Farmers, Mi- glorious panorama of the Golden iMet .... 61,054 65,955 Gate, for the whole city of New York., Total ..........$600,866 $694,767 | But since six million people have to In the case of the Peoples State} Bank of Casselton, and the Prosper State at Prosper additional funds There would not be food for many were received from the Bank of} horses in a pasture already fully} North Dakota following the 1920 au- stocked with cows, But a valley dit. Can't Be Reduced These figures however show how | little was realized on the collateral put up to secure the loans made by | these bunks, and how little likeli- hood there is that their liabilities to the Bank of North Dakota can be further reduced materially within a reasonable time, In most cases when loans or redis- | counts were made by the Bank of | North Dakota collateral of a face | value at least one and one halt | times the amount of the loan was obtained. The greater part of the | collateral now held by the Bank of | North Dakota is primarily applicable | Dakota accepts such collateral curity for the said notes and “all ! other debts and liabilities to the Bank of North Dakota actual or con- tingent now or hereafter contracted or incurred. Summary Given When figured thus as applied to | all obligations, the face of the col- lateral is little more than the face of the dbligations as the following table of the liability and of closed banks and collateral held by the Bank of North Dakota shows: in the sense that the writer may not/ | shield as the editor. four yeurs is| but why should we expect anyone, else will be to find the -vorld interesting, | always see the same side of the| to cure? Chiefly, the purpose| live in New York, it is a merey to them that they find it endurable, MAKE Pe world that the doors of 1925 open. We have just ended a decade which takes everything that went before seem prehistoric. The experience of our generation is one of the few which our succes- sors will remember forever. ~ If, on Aug. 1, 1914, “the sun went down on ~and motor-vehicles, IM! Many of your friends think that you Class of Liability £2 4 3 ag zg 3 ; eee < és | Were in my office siaisha) 8 | Discounts $761,916.50 $2,221,202.06 R E E TRIAL Redeposits . . 377,513.97 89,481.33 TREATMENT Ppcslvers AND INTERESTING BOOKLET 3,229.42 § bave successfully treated thousands cates ....1,178,489.76 113,229.42 Judgments 117,760.60 —132,034.49 Of patients for fat reduction. ' Overdrafts 18740 Totals ...$2,435,858.23 $2,555,047.21 ¢ tee it is believed that this provi- | , consistent to employ collectors on The auditors sum up the situation in regard to the collateral as fol- lows: - “It appears that realization from this collateral is on the wane as the best part of it ig now collected. The table of collateral realization applied te-principal demonstrates conditions quite clearly and seems to prove that the day is ‘lose at hand when it will no longer be profitable or this collateral. +. Commenting on the » the panier say. ; Gist “While it course impossible ly estimate this ultimate | ds spproximately: correct, or te 1 Below are a tew extracts o 76 Pounds. Miss O. Whitiow writes: ”) Niplie Toon ansrond f ‘ zg “mW. We don’t want on such highway building. a world on which it will never rise again,” it now shines on a new world which, even if it has not yet rebuilt much, has at least destroyed the two | to it the financial structure of Europe, last received even the formal sanc- tion of Christendom. EUROPE STEADYING, AMERICA PIRM “And there is some rebuilding, too. A year ago, Europe was still on the brink of economic, political and so- cial collapse. Britain and France were at outs, and there were actual operations of war on German soil. drag the French franc, and with down the abyss. seemed lacking. In America, farm- ers were in the depths, business was only part way up, and government| was in the throes of scandal. Now Europe is stabilizing, America is prosperous, the mental attitude of the two contjnents approaches san- ity, and the world has gone to work. Old wounds will burn, old scars disfigure, while this generation lasts, but the human race ig out of the hos: The German mark was threatening pital and the madhouse and back in the shop and the school. Not since citizens now voters were children of 11, could so much be said. RACE AND GOLD TWO BIG CLOUDS Two major clouds remain: One is race. Not any threat of war with Japan. That is the buga- boo of the jingoes in both countries, But the organized determination of the non-European races that the white man shall no longer lord it, a self-proclatined superman, over the : First money, then business, and| earth. ; de Coane OU lien gaveranente and teeuel ace , The war-disintegration of Europe tutions were ready to topple. integrated Asia. From Japan to The very will to face the facts| Egypt, and flying on the wings of Islam even into deepest Africa, long- seething sentiment has burst into united revolt. None too soon, Amer- icans and Europeans are discovering that the world has grown too small for them to continue quarfeling among themselves, A greater men- ace impends, Unless the two racial halves of hu- manity can learn to inhabit this shrinking planet in peace and help- SAY “BAYER ASPIRIN’ and INSIST! Unless you see the “Bayer Cross” on tablets you are not getting the genuine by millions and prescribed Colds Headache Pain Toothache Bayer Aspirin proved safe by physicians .24 years for Lumbago Rheumatism Neuralgia Neuritis Accept only “Bayer” package which contains proven directions. ' | ; | afe— democracy as the normal order and Peace as the normal state of man- kind. Ideals are the seeds of their own realization. .Remote as that realiza- tion may seem, it is much that the message of the herald angels; peace No Place to Go! We find ourselves, almost without realizing it, a nation on wheels, We drive or ride in 16,000,000 We the inna at area etre coming i so-called remote regions. And we are ‘pounding to pieces all but permanent Next year 4,000,000 new cars will be on the road. Compared to this crease, the mileage of new permanent wheels, with no place to go. The answer is, build more, and where necessary, wider concrete roads—and start building them now. Not in a long time have ditions been so favorable public works as permanent Your highway suthorities 9 carry op their share public ‘work. But they must have your support. ge EE A Te aay them you are ’ PORTLAND CEMENT ASSOCIATION OFFICES IN 29 CITIKe on earth, good will to men,” has at Permanent roads area good investment —not an expense Sagem. cy } H ine to be a nation on. apes pg ngs now. Handy “Bayer” boxes of 12 tablets Also bottles of 24:and 100—Druggiste. Aspirin is the trade mark of Bayer Manufacture of. Monoaceticaciiester of Sallcylicacid crowded to the limit of its grass|most ancient iniquities—the divine with antelopes can support an undi- Bete oe ene and the sovereign aa : : right of ‘war. minished number of giraffes. There areukingsmletuyanay cuir 1k is the sume with mental and| may be wars—but not as rights emotional fare. That is why the The few surviving kings reign. by Lord made us all different. the sufferance of peoples and. the ; pace s of nations has solemfily INTERESTING WORLD ae , ; R declared aggressive war “an inter- OPENED BY 1925 Seis ieince ; ‘WE WOU It is an especially interesting) We have set up ‘the ideal” of ; becai are on . of it to the _ they were ine cael ing off ¢ oath, thay se their first straight to financial indepen oung man has ife is ins young people are happy they have pee made investment. ‘Now they the right road—the road thrift and saving; if they follow end, it will lead them endence, They have felt for a long time that not saving enough. The a good position— —they are pay- mortgage on their home; are not satisfied. You can da as they have-done. WEDN fulness, one of them must dominate both. And in a dominated world we might not be permanently “the -domi- nators. For a few years the physi- cal advantage is with us. We have those years to find a better way. The other cloud is gold. Gold has been the world-measure of value. Now America has most of the gold, and our traditional policies tend to pump the rest of it this way. If we get it all—what will it be ESDAY, JANUARY 14, 1925 worth? Other nations must find something else, to, do business with, as Getmatty fora while did with the “rentenmark.” Then gold ceases to be the world standard. All the values in America may depend on finding a profitable outflow of surplus gold. Doing that may not be so hard as readjusting our minds to think it desirable. This’ is a wide enough excursion for one day. STIFF - SORE - ACHES AND PAINS- SOUR STOMACH TOO MUCH URIC ACID? LET US SEND YOU THE WILLIAMS TREATMENT 85 Cent Bottle (32 Doses) FREE Just because you start the day “too. tired to get up” —arms and legs stiff—muscles sore—burning, aching back—dull thead—nervous irritable—WORN OUT before the day begins—do not think you have to stay in such condition. ‘Rheumatism, kidney and bladder troubles, ana all ailments caused by excessive acidity make one miserable. ‘ Be strong and well. Get rid of the “rheumatic” pains, stiff joints, sore muscles, “acid” stomach, Kidney or Bladder troubles - so often caused iby an excess of hody- made aclds. If you ‘have ‘been taking al! sorts of medicines without bene- fit, let The Williams Treatment Prove what great relief it gives even in stubborn cases. Hundreds of thousands have used it. Estab- Hshed 32 years. 7 New Machines: “The Silent. Smith” Remington Portable. . 211 Broadway. LD LIKE EVERY CUSTOMER TO BE A SHAREHOL! We're PARTNERS ndw mith the Service Company ‘HESE But in the purchase of U stock in their service they have taken a step in direction. A few shares purchased outright, arranging to ‘buy month years: they will have to put thechildren comes free from Make your first in. vestment in the preferred shares of this Company — it' will be your start toward financial success, dnvestment Department — NORTHERN STATES POWER COMPANY ~_N. Dak. Coes See EE ae “Tell Your Typewriter Troubles To Mac” Phone 989. Sitemark ae tech fa EVERYTHING IN"TYPEWRITERS Rebuilts of All Makes. Machines"¥or Rent. OUR SERVICE reduces your éxpenses. TRY US. WALTER W. Dealer. and they are g more ly investment plan. Their future is ‘assured— saved enough through school and college; and is ahah aus y can live comfortab| financial worries, To prove The Williams Trea ment conquers kidney or bladd! disorders, rheumatism, and all ail ments caused by “too much Uric Acid,” no mater how chronic or stubborn, we will give one 85c bot- tle (32 doses) free if you send! this notice. Kindly send 10 cents 4o help pay postage, packing, etc., to The Dr. D. A. Williams Company, Dept. DA-2084, P. 0. Bldg., East Hampton, Conn. If your sleep is broken ‘by an ir- ritated! bladder that wakes you up every few hours, you will appre- ciate the rest and comfort you get from the free bottle (32 doses). Send at once. You will receive a regular 85¢ bottle without in- curring any obligation. Only one free ‘bottle to the same address or family. Nothing sent C. 0. D. Easy Payments. Monogram Carbon. Superba Carbon. Ribbons For All Makes. McMAHON Bismarck, N. Dak. igs DER preferred company the right ve been on the in later Ys