The Bismarck Tribune Newspaper, November 7, 1928, Page 12

\ LOAN FIGURES SHOW LIBERAL BANK POLICIES Loans and Discounts Decrease During Season But Increase Since June BIG RESERVES CARRIED) | Farmers Holding Grain from| Elevators Keep Deposits to Small Increase Sound banking conditions prevail in North Dakota, according to offi- cials of the state banking depart- ment who have compiled tbe state- ment showing the condition of all state banks at the time of the last call for a report on October 3. Deposits have increased and loans and discounts also have gone up, in- dicating a tendency on the part of banks to be more liberal in their loaning poli At the same time, it is pointed out, the statements of the banks do not show as heavy an increase in de- posits as might reasonably be ex- pected from the sale of crops pro- duced this year, ia, reason being that a relatively are part of the wheat and other crops is being, held on the farms in hope of obtalning higher prices. Loans and discounts on October 3 totalled $46,402,647.70, as compared with $44,292,538.84 on June 30 and | years.” $51,863,279.03 on October 10, 1927. dete te 'cs"tu“entaceseo!| CREAM STATION OPERATION MAY BE _ Stocks Show Increase Warrants, stocks and bonds on ! be strongly adverse to trying to form cent radical Socialist convention at Angers has made it impossible for any radical to enter another Poin- care cabinet. It was this conven- tion which made certain demands on the premier which he could not grant, and because of his refusal the four Sociali net resign the resignation of the cabinet in a body. Many Exhibits to Be Fargo, N. D., Nov. 7.—Entries at Os0a8, By WEA SERVIC®. INC, the International Hay and Grain REA. U. 8. PIS, * | show at Chicago will close Saturday, Nov. 10, and all North Dakotans POINCARE HAS IN CABINET WORK President Poincare Tells For- mer Premier All Parties Want Him Paris, Nov. 7.—(#)— Raymond Poincare is the only man mentioned to succeed himself as head of the government, in talks which President Doumergue has been having with the leaders of the various groups and heads of the parliamentary commit- tees. The President has already seen men from every faction of every party, and they are unanimous that M. Poincare is the only man who can cope with the situation brought about by the resignation of the min- Lay which he headed. Poincare, however, is known to new government, because the re- ist_ members. of his cabi- . This was followed by Sent to Chicago Fair “I'd buy a fur coat if I only felt sure of my job for the next three| planning to send exhibits should ar- a) eet) eee 4 range to do so quickly, according to E. Agricultural college. G..Booth of the North Dakota “All exhibitors should immediately write to the manager and request entry in the classes in which they AFFECTED BY NEW LAW OFFERED]: cum hibits themselves will not have to be sent there until about Novem- age 1,661. | Representatives of Creameries|said, the work of the dairy depart-| ber 25. Holdings of government issues ag- egate $2,704,262.85, an increase of $e51 124.79 during the year and of $120,301.24 since June. Other real estate, representing largely land taken over by banks on mortgage foreclosures, is placed 759.43 since October a year ago and $17,073.71 since June. year’s crop having not yet been in- .N.D., . 7—(AP)—Rep-|has worked out well, they said. | fesaniaiives) ef Nerenauee voains| A committee, recently appointed | several prizes in past years, the total at $4,661,714.82, a decrease of $808,-|dependent creameries will meet here | to confer with the state railroad/number of exhibits sent from this November 8 to discuss the details of |board on changes in the rates for! state has always been small. 6, a legislative program which will aid|Shipping cream, will report at the All banks are carrying heavy re-|the organization and development of | meeting. The idea of the small lo- serves with peercven aad ve roel i agents, some o! e money from this | kota. Although the legislative program |rate structure which contemplated vested. This item totals $12,087,-|is not extensive it will be offered to|shipping cream relatively short dis- 671.56, an increase of $1,510,022.97|the next legislature as one means tances than by the present struc- ment in enforcing its present regu- gram at Fargo jes in North Da-|¢cal and cooperative creameries is local creameries in North Da-jir at they would be benefited by a Many exhibits will be sent from to Disruss Legislative Pro- [lations would be made easier, since | North Dakota, probably the largest the rules then would have the force|number in years, Booth said. He is of law. A law of the type desired|cooperating with the Chicago of- already is in force in Montana and /ficials in placing the state exhibits. Although North Dakota has won H. D. Cunningham and E. Burbage of the Stair Motor company went to since October of last year and $3,-\of increasing the agricultural and|ture which provides relatively lower Aberdeen, 8. D. today by airplane 902,153.07 since es Other an industral prosperity of the state, a tty tee sre iteels ie bed Linge items and amounts due from other |cording to officers of the North Da-| ones. hauks-ahow a proportionate increase |kota, Iecal creameries association of|are Ole Lee, Northwood; Oscar Nel- | by the Oakland Motor Car company. with the exception of cash on hand.|which Walter Meline, La Moure, is | 80") Harvey; E. F. Lowe, Lisbon, The latter item totals $2,285,108.28, | president. and Walter Meline, La Moure. The principal piece of legislation an increase of $40,387.19 since June October a year ago. Surpluses Decrease The surplus funds of the 349 state banks and three trust com- requirements which cream room| iq to drag his tired, aching, wea int where he to attend a service school conducted Officers of the Bismarck Country club will be elected this evening at But. n decrease of $177,243.67 since |to be considered for recommendation| DON’T WAIT—TAKE THEM IN |® meeting at the Association of Com- is a bill establishing definite rules TIME for the operation of cream stations. ee: i The proposed law would establish Re etomealr apreaaersceyeeeicinb: merce rooms, according to an an- nouncement made by M. H. Atkin- Three Jamestown business men panies reporting are placed at $2,-|operators must meet before they body from a well-nigh sleepless bed, | were in the city recently on business. 286,207.11, a decrease of $153,124.74 |could do business, the requirements | he did a wise thing—bought a bottle| They are: G. during the year and of $39,700 since | pertaining to the type of room, san-| of Foley Pills diuretic, and then:!of the North Dakota fair freight June. Items due to other banks amount- 191.58 more than in June. ate $30,348,053.65, a decrease of }2,178,655.54 ce last year, when the crop was liquidated more rapidly, but an increase of $7,191,599.67 since icates of deposit, another form of “quick” money, total $807,285.99, an increase of $514,186.- 10 since October, 1927, and of $279,- 498.05 since June. Deposits Are Small Time certificates of deposit, how- ever, show a marked decrease, many persons having apparently not yet decided how to invest returns from this a8 crop. The figures show $31,153,317.71 invested in this man- ner, or $4,358,908.04 less than a year geo. and $831,352.81 less than in june. Saving deposits likewise have de- creased, the $3,094,627.77 in that classification being $149,775.49 less than in October last year and $227,- 292.28 less than in June. Total deposits were $66,470,681.47 Year ago and $50,161,879. in June: ear ago , .52 in June. js is an increase of $6,708,801.95 from June to October. Total reserves are placed at $14,- )111.70 a year ago ,784,- 518.64 in June. The reserve rere on October 3 was $9,869,341.75, giving a sur- plus reserve at the time of the call of $5,026,656.30. Educators Arrive for Annual State Meeting Grand Forks, N. D., Nov. 7.—(?)— With the formal opening of the con- vention not scheduled to start until tonight, hundreds of state educators and who have won recog- nition in the field of education ar- _ Yived here today for the forty-first annual convention of the North Da- kota Education association. John L. Hulteng, president of the commission, dey welcome the than in October a year ago but $64,-|dairy department. itation, light and ventilation and| “After taking Foley Pills diuretic| rate body; V. P. Cadieux, can 8 di b other factors which are now incor-| for a time I became all right, and|for state railroad commissioner; ed to $303,329.17 or $218,879.19 less | porated in the rules of the state| my kidney distress, pain and weak-| and R. S. Thompson, manager of the 2 is ness are all gone.” Cost little. Sat-| Central West Utility company. ni a By setting forth the requirements | isfaction guaranteed. Men and wom- Deposits subject to check aggre-|which a cream room operator must| en everywhere use and recommend meet, officers of the association| them.—Adv. DP cuited ... Amber is a fossil resin derived from extinct coniferous trees. o by record-breaking sales Because it emphatically startled and delighted American motorists, the new De Soto Six leaped into. public favor with amazing swiftness. ‘The truth is, no new car in the whole history of the industry ever attained so large a sales volume as that reached by De Soto Six during the three months’ period immediately following its introduction. See and ride in this newest Chrysler- built six, and you will readily appre- ciate the reasons for its immediate and widespread popularity. . Faeton, $845; Roadster Espanol, $845; Sedan Coche, $845; Cupe Business, $845; Sedan, $885; Cupe de Lujo, $885; Sedan de Lujo, $955. All prices at factory. Northwestern Automobile Co. E. C. FRITZ, Manager PHONE 173 DEALERS WANTED IN OPEN TERRITORY Atmosphere and Rotation of Earth to Be Studied on No- Cambridge, Mass., Nov. 7.—(AP) —When the moon goes into total eclipse over the Pacific ocean at 3:33 a. m. November 27, astronomers in the western hemisphere will have a few moments to augment two rare lines of research. One is a study of the earth’s at- mosphere. The other is an inves- tigation of the suspicion that the earth’s revolution on its axis is not When the moon is in total eclipse, it nevertheless still is visible diml: from sunlight which is bent inwa around the edges of the earth by re- fraction through the atmosphere. In 1848 so much light reached the moon in this manner that it was a copper color, and few persons realized it was in eclipse. At other times there has been little reflection from the moon, showing that the earth’s air was at the moment quite opaque. It is probable that some very dark eclipses of the moon may be traced to volcanic eruptions which fill the Shadows Studied OVEMBER LUNAR ECLIPSE TO GIVE - RARE OPPORTUNITY FOR RESEARCH substantiated by Photographs, is that the darkest part of the shadow on the moon’s face is not where it would be expected, in the center of the shadow, but on the northern side of the shadow, The light on the) moon during this coming eclipse comes from the northern atmosphere of the earth. Dr. Willard J. Fisher of the Har- vard college observatory explains that the northern atmosphere is be- lieved to be more opaque, due to more dust and smoke in the north- ern hemisphere than in the south- ern, The great land areas of the north do not form as good settling basins for clearing the air of for- eign particles as do the great oceans about the Antarctic. Dr. Fisher is now _ working on data of the lunar eclipse of 1927, when he was able to forecast the exact line across North America above which the sunlight would be bent in toward the moon. This line ran from Nova Scotia through Hud- son’s Bay and Alaska. He has re- ports showing that all this line was cloudy, except a short stretch near Hudson’s Bay. Rotation Uncertain Study of the earth’s rotation is made possible because stars ordi- narily invisible in the radiance close by its inhabitants, today fell prey| safe game to the molten mass of lava pouring |Coach Stone shot in many reserves from Mount Etna. Deserted homes|in order to save his seasoned vet- were being destroyed by the stream|erans for the Wishek game, which and it tWisted and burned all the|is to be played today. trees and vegetation in its path. to the moon can be seen and photo- graphed during the eclipse. These PAGE TWELVE THE BISMARCK TRIBUNE . WEDNESDAY, NOVEMBER 7, 1928 North Dakota Banks in Good Shape, Report for State Shows its course. It was difficult to pre- dict exactly its positions. The queen of night see: not to obey exactly’ the laws of gravitation and motion. The measuring unit which showed these apparent irregularities was the rotation of the earth. TIGER VICTIM Hazelton, N. D., Nov. 7.—The Ha- Recent research, through. observ- zelton 1 Tigers succeeded in scoring a ing therstars at eclipse and at oth-| decisive victory over St. Mary’ er times, Dr. Fisher says, indicates gridders of Bismarek Sat on the that the moon is behaving according | home gridiron. to the law of gravitation and that it] Led by, Steiner’s offensive attack, is the earth’s tati i tty srist = ion which is|the Tigers plunged, ran and faked through their heavier opponents and clearly outclassed their rivals in Deserted Village Is _| every department of the game. ° The it half i Prey of Flowing Laval sat? mis "alt fered ins 29 strong after Steiner’s touchdowns Cantania, Sicily, Nov. 7—(AP)—| 8nd fought hard, holding the Ha: The village of Mascali, evacuated| sn, "en scoreless the second halt. The home pisekin-toters played a the second half and The Tigers, although th The village of Nunziata was| flashes of dN etna age lar re threatened by a smaller flow which| less failed to show the same punch was advancing steadily di i it Bieter a adily down the| which marked the game with the Bismarck Reserves, which ended in Fifty thousand persons were esti-ja scoreless tie. However, it is hoped mated to have abandoned their) that today the team will ‘in re- homes. The railroad around Mount| gain its old drive and punch and Etna was damaged and service in-| that a victory will be scored. terrupted. A motor car service had ———— to be hastily organized to aid the} Babies show fear at two things cae of Mascali in their|only—sudden movement or sudden ~ nol 4 Makea “Clean-u While times are good = While you have employment Before winter comes Pick up all of your past due accounts-and put your rating card in shape. z Be prepared to utilize your credit to its fullest ex- tent for your Christmas shopping. Bismarck-Mandan Credit Bureau, lnc. Z NOW! site (Where Your Paying Habits Are Recorded) M. Springer, manager it idate 'WILLYS-OVERLAND. ING: Motor Sales Co. The Pioneer Automobile House Blectea? Whippet sweeps country on - PerrormMance a/ VaALve a WHIPPET FOUR SEDAN G10 9485; Readoter ( pas- ¥ peer Perr Rocastert (with $ rumble seat) Coupe 95255, erid Cabriclet Conpe(witheel- lapeible top) 595; Conch definite dollar-for-dolla popular vote from America’s value—a full return for every motorists. They know that dollar spent. the Whippet stands for high The two Whippet Sedans= quality of materials, expert the Four and Six—are the craftsmanship throughout, lowest priced four and six- performance that challenges cylinder any car on the road, and cars in the world? 3 TOLEDO; OBI