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Show Midvale Journal, Thursday, September 5, 1930 • ••• • • • • • • • • • • • • • • •• •• • • • • • • • • • I ' • II Friday and Saturday, Septemb.er 5 and 6 PLAN TO REGISTER BLAZING DRAMA OF THRILL LOVE! at the Plunging Headlong Into Danger ... \Vhirling Away With Romance ..• Runs the Riotous Race " •• • RADICAL CHANGES • TRANSFORM BANKING • • • • • • • • • • • • • •• • • • • • • • • • • • • • • • • of Modern Life! National Commission Sees Changing Opinion on Branch Banking Issue-Studies Group and Chain Banks• Sunday and Monday, September 7 and 8 You've read the headlines! Prison break after prison break! And nO\\" the true inside story is told in a talkie of magnificent thrills and heartappeal! The Big Picture of the Year! • ~~· ) . ·.· ::: . ·,·.... ----. • Mctro-GoldwynMayer's ALL TALKING tcreeo. -"e~J.Adoa THE • •• ------------~~~-------------· Tues~ay, Wednesday, Thursday, Sept. 9-10-11• • Co·me -one f C me all ! • •• • • • • • • • • • • • • • • • •• • • -• • • • • • • • Here's something really delig-htful and different! The bold,. • bad, Gay Nineties~stage-rloor Johnnies, tcn-mile-an'-hour joy rides, hustles, tandem bicycles-and everything! Marion .Davies funnier and more charming than ever! Old songs and. new! The Florodora Sextette here again ! Romance, thrills, .and a riot of laughter! • • with LAWRENCE GRAY, WALTER CATLETT • ------------------------~--~ • S THE RE • • • • • • • • • • • •• • • I Mrs. C. V. Erickson of Union was SWEETS PREFERRED the guest of her daughter, Mrs. W. H . Steadman, Monday. The lengthy recital had drawn to a Mrs. W. N. Bertner o! Murray was close, lee cream and cake had been the guest of Mrs. L. S. Forthering- served, and the teacher was bidding ' ham, Tuesday. Mr. and Mrs. L. S. the students bood-by. One of the little ' Fotheringham left Friday of this performers had brought her small week to make their home in Salt brother with her. As he was about to Lake. leave, the teacher beamingly said, Miss Melba Gardner left this week "Well, Bobby, did you enjoy the refor Mesa, Arizona; Miss Grace Gard- cital?" ner for Salina, Utah, and Miss Edna "Yes," answered Bobby, "all but Shulse:r; for Glendale, Utah, where the music."-Liberty Magazine. 1 they Will teach school this wintel!.o The children and grandchildren of Monrovia, the capital of Liberia, Neils P. Swenson met at his home was named for James Monroe, presiThursday night, August 28, in honor of his 72nd birthday anniversary. Pro- dent of the United States, reveals Libgressive rook was played, prizes going erty Magazine. to Mrs. Olive Sharp, Eudora Bateman, Andrew Swenson and Roy Naylor. Luncpeon was served to 20 guests . The Misses Harriet and Ruth Bateman returned to their home at Burley, Come in and see us in our new Idaho, after spending two weeks with location. Miss Virginia Bateman. Mr. and Mrs. Lysle Swenson of Sandy, N. P. Swenson and Mr. and Mrs. S. W. Bateman motored to Wanship, Sunday, and visited at the home Dinners, Lunches of Mrs. Maggie Hixson. Short Orders Mrs. Lydia Bateman spent part of last week at Magna with her children, Are served in ta manner you Mr. and Mrs. 0. H. Bateman. will appreciate and enjoy. Mr. and Mrs. E. M. Bateman entertained Monday and Tuesday for Mr . Samas & Thomas, Props. and Mrs. Albert Zetting and children Lucile, Betty, Jack and Ray, of Poca~ catello, Idaho. Mr. and Mrs. Bert Hyatt of Sandy were guests at the Bateman home, Monday. A party in honor of Mrs. Saphrona r-........_.........-...........................................................................": ~ateman of Sandy was held at Saratoga, Sunday, it being her 78th birthday anniversary. There were 70 descendants present. Those from this ward attending were Mr. and Mrs. P. T. Bateman and family, Mr. and Mrs. i! I" i' !' Robert Dimond and Mrs. Zelia Holt and children, Mr. and Mrs. Royal Spratling and family. Mr. and Mrs. William Dimond . i il Thelma Dimond, Mr. and Mrs. Charle~ 16 North Main Dimond, Mr. and Mrs. Albert Dimond i! attended a wedding reception in Salt II . !• I: : Lake Wednesday night, given in honor : 1 I~ of Mr. and. Mrs. Joseph L. Nelson, LEO LEWIS, Prop. 11 whose marnage took place in the Salt _.......................... ..........................................................I : Lake temple \Vednesday noon. Mrs. ,._,........,_ .............................................................; : Nelson was formerly Margaret Earnshaw, daughter of Mr. and Mrs. James Earnshaw. Mrs. Earnshaw was formerly Albeana Page of this ward. Mrs. William Dimond entertained in honor of her son Lionel's birthday an- Duart Permaniversary, Thursday night. Games nent Waving .......... and refreshments were enjoyed by Miss Marie Widderberg of Highland Finger Waving Marcelling Drive, Mr. and Mrs. Ira Hardcastle of Sandy, Mr. and Mrs. Charles Di- Shampooing Water Waving mond, Mr. and Mrs. Albert Dimond and the immediate family, including Mid. 117-J 13 N. Main St. the guest of honor. I UNIVERSITY OF UTAH Utah's HigheRt Standard Educational Institution. j NEW YORK-Modification of the attitude of bankers on tha long disputed Freshmen must register branch banking question is forecast in September 25, and .must ata review and report covering rapid tend September 26 and 27. changes going on in banking issued All other students must here by the Economic Policy Commisregister SPptember 29. sion of the American Bankers Association. The report, however, after Regular class work bereferring to recent proposals that nagins September 30. tional banks be given branch banking powers within the business territory surrounding their location, declares Send for Ca~alogue that "we do not believe that so-called 'trade-area' branch banldng is likely to gain the support of any large percentage of the banking fraternity." The commission says that the "most Salt Lake City important development that has a,ffected American banking in recent years involves the rapid growth of multiple banking organizations in the form of group, chain and branch banking systems," and adds that "we present this Teport as an unprejudiced economic study and have no theories Miss Ethel Jackman and Irene or policies to urge at this time." The Olson of Salt Lake visited here Sunstatement says that the commission's day, special guests of Mr. and Mrs. information Indicates there are now E. M. Olson. Mr. and Mrs. G. J. Bateman and 269 group or chain bank systems, which control 1922 banks and $1~,285,- children of SaJ.t: Lake, Mrs. Lydia 000,000 in aggregate resources, and Bateman and Mr,s. Clarence Palmer that there are only six states and the were ugests of Mrs. Elmer Palmer of District of Columbia where it does not South Jordan, Monday. Mr. and Mrs. G. J. Bateman and family left Tuesfind any group organizations. day for Logan, wher·e they will make The Commission's Investigation their home. "We have been ln touch with the Miss Fern Bateman arrived home managers of many important bank Sunday after spending the week at groups," the report says. "Aside from Beckwith, Wyo., guest of Miss Alva the obvious economies of centralized Dimond. Mrs. Josephine Bateman and Mrs. operation and control a number of Evelyn Spratling attended the funeral these organization heads very frankly services of Frank Tucker, held at tell us that they do not feel that the Butlerville, Friday afternoon. system has been in operation and Mr. and Mrs. Royal Spratling have tested long enough to justify them in moved to Salt Lake to make their making positive or sweeping state- home. • Miss Vesta Lancaster and Carl Harments as to its advantages or disadmon spent Sunday at Park City. vantages compared to unit banking. Mr. and Mrs. .Joseph Woolf and "The Banking and Currency Comfamily of California left this week for mittee of the House, which is contheir home, aft~r spending the sumducting an investigation Ti'lto banking mer here. developments, has called a number Mrs. Jetta Clark and daughter, Joy, of operating heads of some of the great of Denver, Colo., are visiting relatives group systems. These men declared here. They and Mrs. Margaret Christhat they found, under certain condi- tensen of Sandy were dinner guests tions, definite operating and ecenomic of Mrs. Lawrence Christensen, Sunadvantage in both group and branch day. Mr. and Mrs. Victor Erickson of banking over independent unit bankSandy announce the birth of a daughing. Some thought group banking was ter. Mrs. Ericl,son was formerly only a transitional stage, that branch Hazel Smith, daughter of Mr. and banking was preferable and if it were Mrs. Otto Smith of thls ward. permitted on an extensive enough Many friends and relatives from scale they would change their groups this ward attended the funeral servover to branch systems. Others held ices of Ross Darrel Bradford, held at Magna, Wednesday afternoon. InterOPPOI~TUNITY IN POULTRY that group banking was preferable. "Some held that the ideal pi a.n was ment was in the West Jordan cemeare few businesses that have a combination of the two with group tery under the direction of the Deseret theThere wonderful opportunity for profit Mortuary. Ross was the son of Mr. bank units for localities strong enough and Mrs. Robert B. Bradford. His that a good, well-conducted poultry to support complete banking institu- mother was formerly Fanny Williams business has. tions and with branch offices extend- of this ward. Most eggs are still produced on a ing further into the smaller places Arnold Moon and Hyrum Beck- very small scale and it is hard to requiring1 banking services but not stead, Sr., are on the Sick list this maintain the freshness and quality of eggs that the country is coming to large enough to support complete week. demand more and more. This means The many friends and relatives of banks. Several of these who advocated that even while there may be at times Edward L. Malstrom of Grant ward, multiple banking declared that nevera surplus of ordinary farm eggs on formerly of West Jordan ward, were theless they believed there would althe local market, still there is always shocked and grieved at his accidental ways be room for vigorous independeath Tuesday while working on the a shortage of good eggs that meet dent unit bank competitors. South high school in Salt Lake. Mrs. certain requirements and are suitable Government Officials Express VIews Malstrom was formerly Clara Bate- for shipment in large guantities into "The Comptroller of the Currency man, daughter of the late Mrs. Mary the big population centers where the recommended that natictnal banks be Liza Bateman of Grant \Vard. Mr. high prices are paid. Egg production will vary in differgiven branch banking powers· within Malstrom is the son of Joseph Malent flocks, from 50 eggs per bird per strom of this ward. 'trade-areas.' The Governor of the The I. A. officers of the West year, to 200 end even 240 to 250 eggs Federal Reserve Board appeared to be Jordan M. stake will hold their annual a year, depending upon the egg-proin general agreement with the Comp- social at West Jordan, September 9 . duction breeding and the skill with troller. He said there were 24,645 The M. I. A. officers and teachers which the birds are raised and cared banks and 3,547 branches, a total of and bishopric of the West Jordan for. This great variation of course 28,192 banking offices; that in this warl;l held their opening meetin~ and gives the poultry raiser with flocks total, 6,353 offices were either branches social at the home of Mr. and Mrs. of high egg-production breeding a or bank members of groups, or both, Henry Cooley, Wednesday, Septem- tremendous advantage over the farmers of the country as a whole, beleaving 21,839 banking institutions ber 3. cause it means that the better flock Mr. and Mrs. Lorenzo Coaley and that might be definitely termed Indechildren, Marvin and Leroy, of Helper, can produce eggs so much more pendent unit banks, having no spent last week with his parents, Mr . cheaply than the flock with a lower branches and in no way connected and Mrs. Henry Cooley. rate of production. Also, the clever with group affiliations. He said all Mrs. E. A. Golder of Salt Lake poultryman will see to it that he gets the banks J.!ad total loans and invest- visited her sister, Mrs. Alfred Furse, a better price for his eggs, so he has a wonderful advantage both coming ments o! $58,500,000,000, of which the last week . The children of Mr. and Mrs. Heber and going. It is no wonder that while grou~ and branch systems held $30,L. Gardner entertained at the Gard- some folks raise poultry just for their 000,000,000, or more than hal!. ner home Tuesday, September 2, in own personal needs, more and more "He opposed nation-wide branch honor of their parents' golden wed- folks are making a real business of banking at present but said that ultitheir poultry and are doing wonderding anniversary. mately it bankers became trained and Mr. and Mrs. William Dimond were fully well at it. experienced in the larger technique guests of Mrs. Susie Humphries of Nearly any climate in the United of 'trade-area' banking he thought it Bennion ward, Thursday. Mrs. Hum- States is-suitable for poultry raising. would in time evolve nation-wide phries returned home last week after In sections of Washington, Michigan, branch banking under control o! rel- a six weeks' trip · with the war New Jersey, and elsewhere, already most farmers have turned to poultry atively few banks, but he did not be- mothers in France. raising for their entire livelihood. In Friday, September 5, Mrs. William lieve this would mean monopoly or Washington thls work has proved so Dimond entertained in honor of her lack of competition. He favored profitable that there is one farm alone husband's 74th birthday anniversary, branch over group banking which, including the immediate family, the which is being completed to house however, he said rep.resented an eco- married children and grandchildren. 200, 000 laying hens, just as one imnomic development along 'trade-area' Out-of-town guests were Mr. and mense co=ercial "egg-factory.'' The lines and would spread unless some- Mrs. \Vidderberg and daughter, bud~et of this farm will interest anything else were substituted and thought Marie, of Salt Lake; Mrs. Susie Hum- one interested in poultry as a business. 'trade-area' branch banking would phries and Mrs. Rufus Palmer of Ben- This budget is as follows: Costs and profits per 1000 hens nion ward. serve this purpose. (Monticello Mr. and Poultry Farm) . Mrs. E. M. Bateman at"It is the intention of the Commistended an old-time dance at Lark, sion to develop its own studies in Expensesnight. these questions, watch carefully every Friday Feed ............................................ $2,350 Mr. and Mrs. R S. Fotheringham move that is made and every bit of spent Sunday and Monday in Salt Labor .. ....................................... 500 Annual cost of chicks or pullets information that may uevelop in this Lake. Marilyn Fotheringham and to maintain flock.................. 500 connection and keep itself prepared Grace Sabey spent Tuesday visiting in Administrative and incidentaL 215 to give an unbiased and accurate Salt Lake. Mr. and Mrs. Hyrum Shulsen and statement of fue facts of the case whenever that is desired," the report family, Mr. Ren Spencer and daugh- Total expenses .............................. $3,565 ter, Fay, spent Monday at Evanston, concludes. · Wyo. Mrs. Hannah Spencer of Bluff- Gross annual income from 1000 hens, on actual figures, 180 dale spent last week with her daugheggs a year average, total15,Federal Reserve Paya Government ter, Mrs. Hyrum Shulsen. 000 dozen, at past 10 years avIn the fifteen years since its estabA missionary shower was given at erage of 34.7 cents actual net lishment in 1914, aggregate net earn- the home of Mr. and Mrs. William H. price per dozen ........................ $5,165 ings o! the Federal Reserve System's Steadman, Thursday night, in honor Less total expenses.·................... 3,565 of Albert Steadman, son of Mr. and twelve regional banks have amounted Mrs. Walter T. Steadman of Bennion to $515,216,000, of which $90,672,000 ward who leaves for the \Vestern Net profit per 1000 hens ............$1,600 has been paid to the member banks as State's mission, 'September 8. Games Poultry Tips conducted exclusively dividends, representing 6 per cent an· were played, prizes going to Lucile for us by Leonard L. Brown, founder nually on their contributions of capi- Steadman and George Perry. Refreshof thP Brown & Mann strain of egg tal to the reserve banks, while $277.-1 ments were served to 36 guests. An pnduction S. C. W. Leghorns. Save 434,000 has been added to the surplus all-leather suitcase wa.<: ,Presented to ~·our Poultry Tips every week. of the reserve banks and $147,110,000 Albert by his near relatives. has been paid over to the Federal ::vrr. and Mrs. Ross B~teman and Nothing Special Government as a franchise tax. childreJ?- and Mrs. Lydm Bateman First Film Star "Got anything . were dmner guests of Mr. and Mrs. 1 . t d C ?" · ht f A · F k s spccm 1 on o- ay, yrus . James W1g o mencan or ' un-1 Second Ditto-"Nope-Only a race day. against death an' a leap for life." I I UNIVERSITY OF UTAH WEST JORDAN I • . , U.S. CAFE IfELECTRIC-HOMrJI il BAKERY l1 II !! I j' ___ . _. I :~ Orchid Beauty Salon $6.50 Midvale Shoe Shining Parlor · for Ladies and Gents xo eents Shoes Dyed and Color Restored Iris Theater Building MAURIE'S BEAlJTY SHOPPE All Phases of Beauty Culture PERMANENT WAVE $6.50 Ladies' and Children's Hair Cutting Phon~ Mid. 295. 19 North Main Midvale Bakery and Grocery 17 East Center Street 0 & E ELECTRIC SERVICE Complete Electric Service Radios a.nd Auto Service Midvale 272 25 E. Center St. WHERE WILL YOU BE'l statistics show 85 out of every 100 who reach the age of 65 are partially dependent. Metropolitan Life provides a retirement fund to eliminate old age dependency, and also provides family proteetion. See Your Local Agent METROPOLITAN LIFE INS. CO. GEO. W. COX, Local Agent 77 Jefferson St. 1\Dd• .222-W J. "· MORGAN Your watch deserves attention w, repair it right and a-uarantee ilie _job. Jewelry of all kinds. Prices lowest. Give us just Jne trial and be satisfied. • H. F. RASMUSSEN Tailor Suits made to order EXTRA TROUSERS FREE! PRICES VERY REASONABLE Alterations, Cleaning and Pressing 64 W. Center St. Phone Midvale 117-w Express and Truck Service Hauling, Moving and Express Bert Bateman Call Midvale 297 |