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THE ARIZONA REPUBLICAN, FRIDAY MORNING, JULY 11, 1919 .
PAGE NINE. Report of Condition of the Phoenix National Bank t Phoenix in the State of Arizona, at the Close of Business on June 30th, 1919. RESOURCES 1. a Loans and discounts, including rediscounts, , (ex cept those shown in b and c) $1,710,482.34 b Acceptances of other banks discounted 108,512.80 Total loans 1,818,995.141,818,995.14 40,000.00 ". Overdrafts, secured, none; unsecured, $1,207.71 i. V. S. bonds (other than Liberty Bonds, but including IT. S. certificates of indebtedness): a 1'. a: bonds deposited to secure circulation (par value) ..$ 150,000.00 b U. S. bonds and certificates of indebtedness pledged to secure U. S. deposits (par value)., c V. S. bonds and certificates of indebtedness pledged to secure postal savings deposits (par value) f U. S. bonds and certificates of indebtedness owned and unpledged 393,000.00 6, Liberty Loan Bonds: a Liberty Loan Bonds, 3, 4 and 4 Vi per cent, un pledged .$ b Liberty Loan Bonds. S'a, 4, and 44 per cent, pledged to secure U. S. deposits d Liberty Loan Bonds, 3Vi, 4, and 4'4. per cent, pledged to secure State or other deposits or bills payable .. 7. Bonds, securities, etc. (other than U. S.) : b Bonds (other than U. S. bonds) pledged to secure postal savings deposits $ c Bonds and securities pledged as collateral for State, or other deposits (postal excluded) or bills payable 127,007.09 e Securities oilier than V. S. bonds (not including slocks) owned unpledged 26.500.85 Total bonds, securities, etc, other than U. S. 9. Stock of Federal Reserve Bank (50 per cent of subscription) Furniture and fixtures Iiwful reserve with Kederal Reserve Bank Cash in vault and net amounts due from national banks Net amounts due from banks, bankers, and tram. companies other than included in Items, 13, 14, or 15 Checks on other banks in the same city or town as reporting bank (other than Item 17) Total of Items 14, 15, 16, 17. and 18 $1,314,669.33 Chec ks on banks located outside of city or town of reporting bank and other cash items.... f Redemption fund with I. S. Treasurer and due from t'. S. Treasurer Interest earned but not collected approximate on .Notes and Bills Receivable not past due War Savings Certificates and Thrift Stamps actually owned 1,207.71 93,000.00 30,000.00 20,000.00 29,000.00 20,000.00 60,000.00 109,000.00 SOUTHSIDE NEWS V. D. JOHNSON, MANAGER, PHONE 85 R, MESA TEMPE AGENCY Mrs. Chas. Prather at Brown Mercantile Co.; PH. 71 TEMPE CORRESPONDENT Mrs. Delia Drollinger, phone 20t GILBERT AGENCY Gilbert Pharmacy MESA CORRESPONDENT V. D. Johnson, Phone 85 R CHANDLER AGENCY Gardner Drug Cc Phone M THE SUGAR LOAF IS LATEST so much bettor.- "I simply vil1 not have mother cooking in this heat," declared Susan nvhat"ll 10 moi I re hvenMig and the fas Finally father summed up the situation : 'Mother." br"il. Tni going to PHintiu WILL COTTON OUST TIE DAIRY COW IS mm DEBATED luran TfflP E hi L IDE 11. 13. 15. 16. IS 10. 20. 21 193,507.74 9,000.00 21,985.04 222,058.42 915,787.51 335,958.27 59,923.55 90,322.81 7,500.00 34,820.00 2,028.03 Total LIABILITIES 21. Capital stock paid in Surplus fund -'. a Undivided profits $ 110.529.76 27. Interest and discount collected or credited, in ad vance or maturity and not earned (approximate) 2S. Amount reserved for taxes accrued 23. Amount reserved for all interest accrued 30. Circulating notes outstanding 32. Net amounts due to National banks :.:!. .Net amounts due to banks, bankers, and trust com . panics (other than included in Items 31 or 32) "1. Certified checks outstanding '"". Cashier's checks on own bank outstanding Total of Items 32, 33. 34 and 35 569,563.43 Demand deposits (other than bank deposits) subject to Reserve (deposits payable within 30 days): 36. Individual deposits subject to check 37. Certificates of deposit due in less than 30 days (other than for money borrowed) 3S. State, county, or other municipal deposits secured by pledge of assets of this bank 10. Dividends unpaid Total of demand deposits (other than bank deposits) subject to Reserve, Items 36, 37, 3S, 39, 40, and 41 $3,187,188.90 Time deposits subject to Reserve (payable after 30 days, or subject to 30 days or more notice, and postal savings) : 4 V Postal savings deposits Total of time deposits subject to Reserve, hems. 42, 43, 44, and 45 $ 2,940.77 16. United States deposits (other than postal savings): c Other I'nited States deposits, including deposits- of U. S. disbursing officers J V!. Letters of Credit and Travelers' Checks sold for cash and outstanding ; . . . . 36. Liabilities other than those above stated interest earned but not collected $4,418)094.22 t 200.000.00 100,000.00 110,529.76 2,085.30 14,452.15 78.91 144,300.00 126,561.24 387,127.56 25,441.25 30,433.38 3.070,817.33 2,940.77 50,000.00 50,000.00 Total I $4,418,094.22 Of the total loans and discounts shown above, the amount on which interest and discount was charged at rates in excess of those permitted bv law (Sec. 5197, Rev. Stat.), exclusive of notes upon which total charge not to exceed r.ii cents was made, was none. The number of such loans was none. State of Arizona, County of Maricopa, ss. I. W. H. Thomson, Cashier of the above-named bank, do solemnly swear that the above statement is true to the best of my knowledge and belief. W. H. THOMSON, Cashier. MESA, July 11. Is the cotton indus try to put the dairy cow entirely out of business? This is a question fre quently discussed by south-sde ranch ers and business men. With the pros perous past of the long staple industry in the valley, the prospects for good prices this fall, and the consequent advance in the price of land, which even now is believed by many not to have reached its limit, many farmers and dairymen are figuring as to wheth er it is going to pay to hang on to the splendid herds of dairy cattle that have carried them over the hard times of the past and brought them to the time of cotton. A prominent rancher who has been in the dairy business for 20 years and who now has a number of cows and also a considerable acreage in cotton, said the other day, in speaking of the matter, that if he had given his cows away two years ago and put his land into cotton he would have been better off. He emphasized also the drudgery of the twice a day milking. Another man whose acreage runs into the hun dreds declared that if cotton brought a high price this fall, at least 150.000 acres would be put into cotton next year, and that therei would not be feed enough raised to feed the work stock and the cows that then would be left. This man was simply guessing, but it is the guess of a progressive business man and farmer who is, perhaps, as closely in touch with the farming community as any man in the valley. The two men are quoted as showing the genera opinion that appears to exist. There are very many people who are upholidng the dairy industry, but the first rancher referred to re plied in answer that those who are talking are not the ones whose land is in feedstuffs and who are milking a lot of cows in. these days of cotton prosperity. The drain on the fertility of the land was then mentioned, and another man whose ability as a busi ness man and farmer is shown in the several hundreds of acres and .various business enterprises he owns, said: "Well, time enough to think about that when the land shows the drain." But it should be stated that the last speaker keeps a large herd of fine cattle and is growing a large acreage of alfalfa in addition to his widespread 59,461.33 I cotton fields. 11,796.00 The foregoing is given merely to set forth the condition present in the minds of many farmers. It would ap pear from various interviews that but little thought is being given to the matter of soil fertility, and the surety of the cow through both the fat years and the lean, her well-known recog nized ability to grow a man into a competency, etc. To all of wihich sug gestions the average cotton grower makes ren.y that "60-cent cotton beats them all." In On Day 1,500 Crates Fifteen hundred crates of canta loupes from 10 acres picked in erne day is the report from the J. O. Powers cantaloupe patch in Lehi. The picking had been going steadily forward, each day seeing the melons ready for ship ment taken off. but Tuesday of this week marked the peak thus far with the enormous number of 1,500 crates for the day, and even then the entire amount was not gathered for lack of time. The yield in the Mesa vicinity has been very gratifying, but the Lehi country is especially adapted for the growth of the cantaloupe. TEMPE, July 11. A very pretty marriage took place Wednesday night at the home of Mr. and Mrs. Curt Mil ler on West Fourth street, when Miss Ruth A. Moss became the bride of Frank Turner. The bride came to Tempe only a few days ago from her home in Mount Vernon. Mr. Turner is one of Tempe's popular young men, having made this his home for some time. Rev. E. H. Nicholson performed the ceremony, after which light refresh ments were served. Only a few inti mate friends of the young couple were present. Mr. and Mrs. Turner will make their home on the Robichaux ranch. On Way to Massachusetts , Mrs. L. J. Hogg passed through Tempe yesterday evening on her way to Lawrence, Mass, taking the body of her husband, whp died in Hayden last Tuesday. Mrs. Hogg spent sev eral hours here waiting for the east bound train during which time many of her friends visited with her at the home of Mrs. L. Z. Wildermuth. The Sugar Loaf grocer-- store opens this morning at 130 North First ave nue, next to the -Noll building. The new grocery is the third of a chain of retail groceries operated by the Arizona Grocery company , and will be under the management of C. C. Jenkins. It is a cash and carry store and will carry a complete line of staple grocer ies, fruits and vegetables in all sea sons; household and kitchen necessi ties and smoked and cured meats of all kinds'. In addition to the self-service department, a candy and pastry ser vice is to be found in the front of the store. C. C. Jenkins, the manager, said yesterday he believed the Sugar Loaf is the most modern and well-stocked grocery in town.' The building has been extensively remodeled and presents an attractive appearance. The store was open yes terday for public inspection and many prospective buyers came in to look over the displays. Today many attractive bargains are offered the housewife, and special ar rangements have been made to ac commodate the expected rush. o NEW SERVICE WILL Has New Son Mr. and Mrs. Forest Rich have a new ten-pound boy who arrived yes terday morning. Mother and son are doing nicely. Had Heavy Storm A hard wind and sand storm struck Tempe early Wednesday evening, do ing a great deal of damage around the city. A number of large trees were torn to nieces, and as they were blown down took with them several lighl wires, causing much confusion and ex tra work for the electric company. PROTECT CAR OWNER S cuit please j low mot in. v -TV shock your years to you! ttrfTrookin!; this b!4.3are the de ht.Miridp in hri nal Bid er Snap.1! Vtd add several u do no more Snsau pre- When children's yearning appetites cry aloud for sweets, there's a happy answer in ZU ZU Ginger Snaps, which appease the sweet-tooth craving, yet meet every demand for wholesome nourishment. sa plea' lowe smiled Susan ef Zu Zu mars' The only reastf things were not said aEh sert was because the fanil out of adjectives. NATIONAL BISCUIT COMPANY ts use of to piC- be tea ool opeued gpnueli boxes, to ccss. as glad. She saw that by supplying cleanly baked Zu Zu I made of best materials, a saving of A new bar to motor car thieves has been formed in Phoenix in the shape of the Arizona Automobile Detective ser vice, organized a few days ago by Carl Feuerriegel, until recently a member of the local police department. The ser vice will be exclusively for the protec tion of automobile owners, and will confine its activity to keeping motor cars from being stolen and to recover ing cars that have been stolen. Mr. Fe nriegel, head of the A. A. T. service, severed his connection with the police department, where he was rated one of the most efficient mem bers, a week ago to enter the new field of protecting motor car owners. As sociated with him in the service are several other men of experienec along the service's lines. The service is already- giving signs that it will be a popular and valuable aid to automobile owners in safeguarding their cars from theft. COTTON NEW YORK, July 10. Cotton closed steady at a net advance of 13 to 25 points. GOAT MILK KMrntteMttWtBilk Easiest to digest. 11 -o. Caa 25c When sum- p Is prevalent when 1 the baby 1 when cow's milk S-" crrj cannot be depended on r - "ZfW, then if you try Goat T'yPJT ( MiBs you will never j WID EM ANN'S COAT MILK LABORATORIES Fkyskiui B14c -,Sui Fraicifc Sold by Druggists Roundtrees Enjoy Weather Word has been received from Rev. and Mrs. Roundtree, who are located in Santa Monica, saying that they are comfortably situated and enjoying im mensely the cool weather. 45,114.24 M35.00 34,820.00 FOR SALE or trade, two corner lots at West 6th St. and Ash Ave., Tempe. Good neighborhood, barn, garage, chicken runs, fruit, shade, roses, water piped, sewer paid and fenced. J 600.00. Terms, or trade for car. Ramon Ma zon, 746 East Adams, Phoenix, Ariz, bg o MERCANTILE PAPER NEW YORK, July 10. Mercantile paper 5 sterling 60-day bills S4.4SU: commercial Ctf-day bills on banks $4.48 Vi; comrriercial 60-day bills $4.48: demand $4.49Vi; cables $4.50. Time loans strong; all dates un changed. Call money firm; high 7; low 6: rul ing rate 7 closing bid 6; offered at 6Vi; last loan 6. It makes no difference what your wants may be, ou can have them sup plied by using and reading The Repub lican Classified pages. Subscribed and sworn to before me this 10th day of July, 1919. (Seal) E. Q. NORMAN, Notary Public. My commission expires Dec. 12, 1922 Correct Attest : H. J. McCLUNG L. Li. HARMON C. D. DORRIS Directors. Report of the Condition of The Phoenix Savings Bank & Trust Company At Phoenix in the State of Arizona, at the close of business June 30th RESOURCES Loans and Discounts, less due from Directors I 'ue from Directors I'nited States Bonds Other Bonds, Stocks, Securities, etc. Banking House, Furniture and Fixtures - Keal Estate Specie Legal Tender and National Bank Notes Kxrhanges for Clearing ( Hher Cash Items , Hue from State and National Banks, Approved Reserve Agents 1919. $1,156,868.11 73,116.22 296,394.17 305.376.14 24,000.00 29,166.89 361.69 5,580.00 8,783.36 1,788.13 V 274,081.11 290,594.29 Total .. LIABILITIES " Capital Stock paid in j Surplus Undivided Profits, Less Current Exp. & Taxes & Inter est paid ; Savings Deposits $1,712,782.29 Time Certificates of Deposit 222,774.11 1,935,556.40 Interest and Tax reserve ' - 12,306.04 $2,175,515.82 $ 100,000.00 50,000.00 77,653.38 Total $2,175,515.82 State of Arizona, County of Maricopa, ss. I, W. C. Foster, Secretary and Treasurer of the above named bank, do solemnly swear that the above statement is true to the best of my knowledge and belief. W. C. FOSTER, Secretary and Treasurer. Subscribed and sworn to before me this 8th day of July, 1919. (Seal) JAS. THOMAS, Notary Public. Correct Attest H. J. McCLUNG L. L. HARMON CD. DORRIS Directors. ' We were warned against a general demonstration by -anarchists during the first week of July. It was during the first week of July, 1776, that Amer icans first decided to break away from a tyranny not as noxious as anarchy. If it ia ethical to demand the extradition of the kaiser to be tried for his sins, why not try it on Villa? George A, Johnson Back from Hospital George A. Johnson returned yester day from a Phoenix hospital where he had been for the past few days hav ing his eyes treated. Mr. Johnson, with his famly and some friends, were picnicing on the Fourth when someone flipped a small piece of watermelon rind at him, striking him in the left eye. Inflammation set in, requiring constant treatment, hence the hospital stay. "Tis True, Tis Pity, and Pity Tis 'Tis True" A Mesa resident sojourning for the summer in Colorado voices her lament at having to pay 15 to 20 cents each for Mesa cantaloupes, whereas when at home a trip to the patches secures them for 50 cents per dozen,, thus re vealing some of the trials of those who would leave God's country in the glo rious summer time. , Establishing Offices for Brown Comanche Peter Geoghegan, sales manager of the Brown-Comanche Oil company in the towns of Mesa. Chandler, Gilbert and Glendale, was in town yesterday and established a branch office with G. W. Brown of the Orange Blossom in charge, and one in Gilbert with Judge Abe Cosby. The two gentle men will have offices at their places of business. Oliver Thornton Comes Home Mr. and Mrs. Thornton of the Hig ley neighborhood were in Mesa yester day to meet their son Oliver, who had wired from Fort Bliss that he would arrive Thursday. Thornton has just returned from France. Howard, another son of Mr. and Mrs. Thornton, sleeps beneath the soil of France. He was killed in action some months ago. Will Go to Tucson to Convention Edwin LeBaron has been selected by the local organization of the Ameri can Legion to attend the convention at Tucson as delegate from Mesa. Walter Mougeot and several other ex-soldiers are considering accompanying him on the trip. To say that Angeles is the best soldier south of the Rio Grande is a very -estrained sort of praise. Uncle Sam has a third of the world's gold, half of the world's coal, and m even greater proportion of its common honesty. Governments having refused to abolish conscription, the chair will now hear from cannon fodder. Appleby to Kansas E. G. Appleby left yesterday for Kansas City on a business trip which will consume two or three weeks. At the Majestic The last chapter of "The Man of Might," a five-reel production; "Ter ror of the Range," Billy West in com edy; "The Rolling Stone," and a Pathe News makes up an unusually lengthy bil for the Majestic theater today. Now Open for Business McDonald Motor Co. TEMPE Goodyear Tires, Accessories and Repairing MESA TEMPE CHANDLER GILBERT GLENDALE . BROWN COMANCHE OIL CO. his opened offices Mr. G. W. Brown Orange Blossom Confectionery also Judge Cosby Real Estate Office Gilbert i 100,000 shares of the capital stock for sale at $1.00 par value fully paid, non-assessable in the heart of the Duke Knowles Gusher field between Desdemona and DeLeon. 31 -acre lease on E. H. Edwards trust Comanche county line. 20-acre county. M. L. Dixon tract Eratt Drilling two wells. Following wells all around us. 7 new wells in last 60 days, fourteen wells spudded in last ten days time in short, he that hesitates is lost. Shares $1.00. As the drill goes down price goes up. Phone G. W. Brown Mesa 25 Justice of Peace Abe Cosby Real Estate Office, Gilbert Judge Patterson, Glendale, Phone 3. for full particulars Authorized Capital Stock $400,000 100,000 shares per sale of capital stock, get in before price goes up, BROWN COMANCHE OIL CO. Incorporated under the laws of Ari zona and operating the laws of the state of Texas. OFFICERS AND DIRECTORS L. A. Brown, Bisbee, Arizona President and Director Chas. H. Dunlap. .Phoenix, Arizona Vice-President and Director P. A. Tharaldson, Phoenix, Arizona Secretary and Director W. R. Wayland Phoenix, Arizona Treasurer and Director W. G. Hubbard... .Bisbee, Arizona Director. General Offices 136 N. Center St. Phoenix, Arizona fiad i here (omibrlabi e Cite Sheltered by mountain range and refreshed by con stant sea-breezes, Santa Barbara offers a climate that is "just right" for health and comfort and that makes outdoor sport possible every day and all day. Splendid At Santa Barbara you find a magnificent beach of hard, smooth, whitesand;and no treacherous undertows or tide-rips such as are found at many other places. Surf bathing and all sorts of ocean sports ; also an indoor plunge for those who prefer it. 0 rive From Santa Barbara radiates a network of mountain drives that fill one with constant wonder and acclaim. You wind through a country of varied beauty and grandeur on smooth mountain roads that reveal a new scenic delight at every turn. (TV 3 BOOS Anything and everything you would like to do awaits your pleasure at Santa Barbara. Bathing, boating, fishing, yachting, camping, hunting, motoring, horse back riding, golf, tennis, dancing, band concerts, etc. a varied program of sport and recreation. Social Life at Santa Barbara is one of continued variety and interest. Never a dull moment what with the whirl and gayety of the crowds, the friends who find each other here, the varied round of entertainment that keeps one amused and enthused the day long and the season through. Nor should you overlook the Mm dBvimmneiti that makes Santa Barbara the resort par-excellence. You find a "homey," cheery atmosphere that smacks of good breeding and that makes instant appeal to people of refinement and discrimination. For information as to accommodations, etc., write the Santa Barbara Chamber of Commerce, Santa Barbara, California. 1 out