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TWENTY-NINTH YEAR. NOGALES, SANTA CRUZ COUNTY, ARIZONA. APRIL. 30, 1921. No. 18. 21 "if CONQUER BY SAVING Overcome the shift- lessness of listlessness and save and have. Gain a name and fame through conquest of yourself. Lay aside a little money and re ceive the reward that peaceof body and mind brings when you are old. Start depositing here today. THE First National Bask of logales, NOGALES, ARIZONA SDMI BANK Nogales. Max MriLER. President CAPITAL $100,000.00 .fef gSZSS' SURPLUS 25,000 00 Jc J&JSZ ;recretry A General Banking Business Transacted FOREIGN EXCHANGE N t QOLD a SILVER BULLIO SPECIAL ATTENTION GIVEN TO COLLECTIONS DEPOSITS RECEIVED IN AMERICAN AND MEXICAN MONEY QUALITY. COURTESY. The Spirit of Friendship. This store looks upon its patrons not merely as customers but as friends. People purchase here because they have friendly feeling for this store. The cause which develops this friendly feeling, may differ, in fact, they are sure to differ. One's friendship for the store is the result of finding good values; another's is the result of effi cient service and courteous treatment, and so on. Naturally this friendshiply feeling on the part of our patrons is reciprocated on our part. And this spirit of mutual friendship is an impetus for greater service -and an incentive to ever-increasing endeavor to make this store a place where every visitor will feel perfectly at home. THE BROADWAY STORE, INC. NOGALES, ARIZONA 1 PEDRO TRELLES. MAGDAiE0ABoxN?3A MEX I OFICINA lE INUENIE- I 1 HAGDA1.ENA EN I HQS DE MAKOALENA. GOEEK1NG OFFICE. SURFACE AND UNDERGROUND MINE SURVEYING. ! TRUST CO. Arizona BOUGHT AND SOLD SERVICE. 1 GOVERNMENT SECURITIES. Nearly Ninety Per Cent Held by the Public. New York. - Nearly 90 per cent of the outstanding bonds and certificates issued by the Govern meet to finance the war are now In the hands of the public, according to a statement given out today by the Government Loan Organization of the Sec ond Federal Reserve District. The statement shows that on December 29, 1920, the latest date for which figures are avail able, approximately $20,431, 777,000 of war issues were being held by individuals and corpor ations. The public holds 89.4 per cent of the total issues of. $22,861,341,000 outstanding. Banking institutions, at the close of 1920, were holding about 10.6 per cent of the outstanding securities as compared with bank holdings of about 13,7 per cent on June 30, 1919, of the then outstanding amount. These fig ures will be regarded as signifi cant by the business and the banking communities inasmuch as they indicate that during the eighteen months period from June 30, 1919, to December 29, 1920, a net amount of over $1, 000,000,000 war securities passed from the banks to the investing public. To the extent that bank ing resources were thus releas ed for other credit purposes, commercial activities should have benefited. On December 29, 1920, the war issues held by banking institutions for their own account was approximately $2,429,564,000 or about 30 per cent less than the $3,451,184,000 reported as of June 30, 1919. This indicates an increasing tendency on the part of the pub lie to invest in Government securities and shows a growing inclination by those investors to take advantage of the favorable yields which can be obtained from the several Treasury issues. The Government Loan Organiza tion calls attention to the fact that not in fifty years have Goverment securities sold on a basis so favorable to holders. The tendency toward absorp tion of war issues by the invest ing public, clearly indicated in these figures, is of considerable interest to bankers and business men bent upon improving gen eral credit conditions. Assuming that the continued purchase of Government securities for in vestment purposes evidence in creasing practice of thrift and saving, the nation may well regard this movement as an omen of a better day for the material growth of the country. It is important to bear in mind that the only permanent solution of the general credic situation lies in replenishing hundreds of billions of dollars worth of capi tal destroyed by war. This waste can be repaired only through national and individual saving. One of the safest ways to en courage investment on the part of the rank and file is to urge purchase of U. S. Government securities, inasmuch as the risk is negligible. In this connection the Govern ment Loan Organization sug gests to employers that they take advantage of their contact with the multitudes of American earners to explain to them how easy it is to invest their money in Government securities. Any banking institution will gladly serve them by purchasing for their account Liberty Bonds, Victory Notes and the smaller denomination of Treasury Sav ings Certificates. All of the larger post offices sell Savings securities ranging from 25 cents to $1000. The Government Loan Organ ization asserts that business and financial leaders can render a distinct service to the country and Indirectly to themselves at this time of depression by help ing make clear to the public that every man and woman is aiding a revival of business activity by buying Goverment securities and holding them as investments. BO WHITESIDE, OH SOUTHEHN FAME, VISITS TALL. PINES Bo Whiteside, now chief pur chasing agent for the northern division of the state highway department, arrived in Flagstaff Monday morning from the new road camp recently located at Riordan, which outfit is fully equipped for road work on the road west. This is Bo's first meander into the wilds of the north and he is not as yet used to our altitude, but having lived many hundred years in the southern part of the state, will soon find his way around. Bo used to represent Santa Cruz county in the legislature; he got so in the habit of it that it was years before he could pass the capitol building without yelling "lr. Speaker. " He was known as the finest, most highly polished and eloquent sergeant at-arms that every happened in the senate chamber; be set a pace that all sergeants at arms since have - attempted to attain but were disarmed in the at tempt. The state never had and never will have but one Bo Whiteside. When, in the course of the next hundred years or more, we hope, it becomes necessary for him to meet . St. Peter, be will do so with a flower in his buttonhole, a genial, warming smile on his face and the right word of greet ing in bis mouth for be is wel come everywhere. The Coco nino Sun. ARIZONA'S CHANCE. The National Good Roads as sociation has determined that next year it will come to Phqe nix for its annual convention. To have pried this meeting away from the Atlantic seaboard, where it has had its habitat for so many years, is an achieve ment on which Phoenix and Arizona delegates may congra tulate themselves. -The association is coming to the right place. Arizona, for her population and her resources has a remarkable system of high ways. Mere boulevard travel ers, such as the people of the east, will have their eyes opened when they go over our magnifi cent mountain passes on roads as smooth as ice and as pictur esque in scenic accompaniment as the Alps. They will forget any patron ization to which they have been addicted in their stronger atten tion to highways through the Cajan swamps of Louisiana or the dispute as to whether the wind-swept prairies of Oklahoma or the sulphur bottoms of Texas ought to receive first considera tion. They will find out here a great, young state, with great, new roads, built largely by that mas ter engineer, Tom Maddock. Phoenix gets the convention, but, in spite of any acquisitive work which the capital city may do, all Arizona will get the be nefit. The Citizen is glad the asso ciation is coming to Phoenix and suggests thus far in advance that Tucson must prepare for a big and influential delegation o at tend all the sessions. Citizen. LOWER FREIGHT RATE BILL. Hboenix, April. A copy of a bill before congress designed to secure lower freight rates for Arizona shippers has been re ceived by the rate department of the Arizona corporation com mission. This bill was intro duced in the bouse by Repre sentative Carl Hayden on April 11, and referred to the commit tee on interstate and foreign commerce. Under the provisions of the act to regulate commerce, the railroads are privileged to charge more for a shorter haul than for a longer, in instances where there is a water competition. For instance the rate in some commodity might be $1.25 when shipped in cargo from an Allan tic to a Pacific port. In order to compete the roads have been allowed to make the same rate by rail, but from sea board to Arizona points is greater as a rule than the through rate. MOTORCYCLES FOR STATE HIGHWAYS. Phoenix, April. The use- of the motorcycle as an adjunct in highway maintenance is suggest ed in a letter which the state highway department has sent out to country boards of super visors, calling attention to the fact that a number of Harley Davidson and Indian machines have been allotted to Arizona under the provisions of the Kahn bill providing for the distribution of surplus war equipment to the states. The machines, it is pointed out, might be used to good ad vantage in patrolling roads and in police work. They can be had by the counties by payment of the freight charges, which reduces the cost to about one fifth the price usually charged. The department has turned down an offer from the govern ment of 140 standard bicycles, as it does not have much use for this equipment. The department is materially restricting the amount of Federal equipment owing to lack of funds. In this connection it will be recalled that the legislature in definitely postponed a bill which would have given the depart ment $200,000 to reimburse it for expenditures made during the last two years in securing some thing like $2,000,000 worth of war equipment. Recent word from Idaho is to the effect that the legislature there passed a similar measure, and added $200,000 to the exche quer of the highway authorities to take care of shipments during the coming two years. In most of the other states, appropria tions were made to cover the expense of securing such equip ment. DR. RICKETTS VISITS GLOBE. Clobe, Arizona April. Dr. L. D. Ricketts, vice president of the Inspiration Consolidated Copper company and the Inter national Smelting company, arrived in Globe yesterday after noon, accompanied by bis secre tary John F. Bankerd. The doc tor will be in the district several days. In conversation with interested parties last night Dr. Ricketts said that the great stocks of cop per in this country, for which there is no market, at the pre sent time, made it necessary for producing companies to discon tinue further production until there was a much larger demand for the metal and the enormous surplus could be reduced. There is 65,000,000 pounds of copper at the International Smelter in this district, with represents more than $8,000,000 of capital tied up. And in other copper dis tricts the producers are carrying a like burden. Dr. Ricketts said be realized that the shutting down of the mines entailed hardships on the people in this district, but if the companies had not taken this step now, conditions here would have been much worse next winter. Asked if his statement implied that operations would be resumed as early as next winter, the doctor said he did not want to be so quoted, but hoped that condi tions would improve sufficient by that time to make resumption of operations by the companies possible. JEROME DAILY 8USPENDS The Verde Copper News, Jerome's afternoon daily news paper, suspended publication in the daily field and will publish a semi-weekly edition until busi ness condition warrant resump tion of its six day edition. This announcement has been made by Ernest Douglas, manager, and H. J. Minhinnick, editor, of the publication. "Business in Jerome has simply reached the point where the publication of a daily news paper in the community is no longer justifiable," says Douglas, in a statement regarding the suspension. JOIN THE NAVY. The Hospital Corps of the U. S. Navy is about to undergo a large expansion, according to a letter received from Commander Tbos. A. Symington, U. S. N., commanding the Navy Recruit ing Headquarters in Los Ange les, Calif., by Postmaster Emory D. Miller. The authorized strength of this Corps is some 7000 men and the members serve with the Navy afloat and ashore, and with the marines in the West Indies, Nicaragua, in the Orient, South Sea Islands, and in fact wherever the Navy may be oper ating which covers the world. Under the contemplated expan sion of this popular branch of the Navy, which has been closed to enlistments, the Navy Re cruiting Station commanded by Commander Symington, is au thorized to enlist 10 men each week in addition to men for gen eral service in the Navy. It is not an easy matter to enlist in this desirable branch of the Navy, as a man must be between the ages of 18 and 25 years, be an American citizen, physically sound and with at least an educa tion equivalent two years in highscbool. If he can measure up to this standard, the accepted man is sent to the U. S. Navy Hospital Corps School, at Great Lates (Chicago) Illinois, where he receives intensive instruction in Toxicology, Chemistry, Ma teria Medica, Pharmacy, Ana tomy, Physiology, Sanitation, Hygiene, Nursing, First Aid, Emergency Surgery and many other kindred subjects. Commander Symington, in his letter, also calls attention to the fact that young men leaving school, who are unable to attend college, are thus given an ex cellent opportunity to improve their education and fit them selves for better positions in civil life, all while bein excep tionally well paid. Professions where this training is of value in civil life include Medicine, Surgery, Pharmacy, Publio Health Work, Sanitation, Den tistry and other allied branches. Enlistments are also open in practically all other branches of the Navy. Application for en listment can be made at 818 Union Oil Building, Los Angeles, California, where further infor mation may be obtained upon request. STRETCHING THE OIL SUPPLY. Another oil shortage on the Pacific Coast is predicted during summer months by the Califor nia bureau of economies. The bureau says. High cost of gasoline on the Pacific Coast is due to result of shortage of petroleum in Califor nia. Refiners are selling gaso line as fast as they can produce it during the winter. With sum mer demands for tractors, trucks, irrigation and pleasure cars, there is a grave possibility that the California supply will not fill coast needs. Conservation of our oil sup plies by elimination of waste, and rapid hydroelectric develop ment is the most practical means of averting a shortage. Attacks on the oil companies will not produce oil. Prices are regulated by the law of supply and demand. Under present con dition demand is increasing more rapidly than the California sup ply. TO FLY OVER GRAND CANYON Flagstaff, Ariz., April It is reported on good authority that a company is now being organized to establish aviation grounds at Grand Canyon. The plan is to buy two or more airplanes of great earring capacity and engi ne power and use them in carry ing passengers wbo want to cross to cities in the north and also for the convenience of any per sons who may have a hankering to see the big gorge from the air, The headquarters will not far from the El Tovar, and, it is claimed, the plan is very likely to be put in operations this summer.