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Show children. Mr. and Mrs. Jack Cox are the proud parents of a new baby The first !PTA meeting of the boy, born Oct. fith, at the Price Spring Canyon school was held hospital. Mrs. Cox and her three Monday evening. President Ailie other children, have stayed here Davis conducted the events ofi with her parents for a couple of the evening. Elsie Pauley, vicej weeks. Mr. Cox, who is employpresident, was chosen as the pro- -j ed at Las Vegas, Nevada was gram chairman and Charlotte here Saturday and Sunday. Jones as head room mother. The Weekend visitors here with annual Halloween party was dis- relatives were Mr. and Mrs. cussed and Jewel Wall and Tia Quentin Hunter and family of Imai were selected to work with Kearns. Ailie Davis on the committee. Mr .and Mrs. Bill Farish met' The third and fourth grade stu- Mrs. Parish's father Sam Jewkes,! dents won the banner by having of Salt Lake City, at Price Sunthe most parents in attendance; day, then they all traveled on to; at the meeting. Orangeville to visit. Charlotte Newren of Standard-vill- e Tuesday Darlene Wall accom- is school principal this year. panied Bobby Olsen of Rains to; Salt Lake City, where they vii- second grades. Susan Bradock of( ited Darlene's (brother and his Price, teaches the third and fourth wife, Bob and Viola Wall. Sat-- 1 grades, and Georgia .Halford of urday they traveled to Provo and Price is the fifth and sixth grade visited with Bobby's aunt, Norma! Hinkins. teacher. Mr. and Mrs. Masaji Imai andj Mr. and Mrs. Wayne Winters and family of Salt Lake City family spent Saturday and Sun-- j were visitors here Saturday and day visiting with relatives in Sunday at the home of her par- Salt Lake City. Bob Earish, who recently movents, Mr. and Mrs. Harley Enged to Helper, but was still em lish. Sunday guests at the Udell ployed here, has now retired. Wei Keele. home were their daughter miss seeing him in camp. Mr. and Mrs. Orvall Wall and and husband, Mr. and Mrs.' Bobby Peacock of Layton. Mrs. Keele son, Delbert, spent Sunday in accompanied them back to north- Cleveland at the Clarence Wall ern Utah where she will visit home. with a number of relatives. Saturday visitors at the Grant The William Hunters of Sunny-dal- e B. Jensen ihorne were Mr. and spent Sunday here t with their Mrs. Clair V. Draper and daughter, Stephanie, of Salt Lake City. They had 'been to Perron to attend funeral services for Mrs. SPRING CANYON HEWS ! j Draper's uncle. trs we season FOK STORM4F YOU PROJECTED? S- INSURANCE Of All Types AUTO LIFE - FIRE Equitable Insurance Agency Patterlck Phone 202 M. : Jensen. The first theology meeting in Relief Society to be held since the first week in May was enjoyed by the Relief Society members Wednesday evening. Lillian Day conducted the meeting and the lesson was given by LaPreal Richards. Public Liability Q. Sunday school this week was conducted by Clarence Reid. The sacrament gem was presented by Pamela Davis and a talk was given by Mrs. John Richards. Keith Kissel of Carbonville was the speaker at Sacrament meeting Sunday evening. The meeting was conducted by Bishop Tatton Price Libraries are the wardrobes of literature, whence men, properly informed, may bring forth something for ornament, much for curiosity, and more for use. William Dyer Phone News Items to Journal HELPER DEMOCRATS NOMINATING Li Lvu&l HELPER GIVIG AUDITORIUM Friday, Oct. 14th 8 P.M. NOMINATIONS FOR THREE 4-YE- AR GOUNCILMEN All Democrats of Helper urged to attend this meeting. TONY BONACCI, Chairman The STATE BANKING DEPARTMENT RESERVE DISTRICT NO. 12 (Utah) JOURNAL THURSDAY, OCTOBER 13, 1955 REPORT OF CONDITION OF by JAMES THE HELPER STATE BANK Representative To UN W. DOUTHAT PAGE THREE UTAH SYMPHONY To Speak at S. L. Sunday, October 23rd If you were picking out the OPENS SEASON things that make a politician's heart leap up with joy you would Henry Cabot Lodge Jr., United place high on the list a tax cut States representative to the UnitIN S. L. NOV. 2ND ed Nations will speak Sunday, for the voters. This is especially true just be- Oct. 23, in the Salt Lake City The' Utah Symphony orchestra fore an important election which Tabernacle in observance of the will open its U6th season at the could be decided by a close vote. tenth anniversary of the signing Salt Lake Tabernacle on WedASSETS the United Nations Charter in Needless to say, the presiden- nesday, November 2, with Jose Iturbi as the first of several tial and congressional elections iodu r,d"tlito' Cash, balances with other banks, including reserve balance, This public meeting at 7: 30 world famous guest artists. next November are' and cash items in process of collection .. $ 688,230.11 And many of the contests could P.m. will climax UN Week ac-b- e Ten subscription conUnited1 States Government obligations, tivities sponsored by several Cen- - certs areregular very, very close. on the schedule for 1955- direct and guaranteed 1,453,434.32 ral utah interests. UN Week is 56 along with many other con:Nrat.iraiiv ..niter these 3. 32,000.00 scheduled Obligations of States and political subdivisions for Oct. certs in all parts of the state and the Republicans and the None stances, Other bonds, notes, and debentures Wednesday, Oct. 19, a public also Idaho, according to David S. Democrats are hopeful that they stocks stock of (including $5,700.00 Corporate legisla- -' panel talk will be held in the Romney, managing director. can support Federal Reserve Bank) 5,700.00 tion of Provo High School Auditorium. session next the during Maurice Abravanel, Loans and discounts (including $835.98 overdrafts) .... 1,276,665.87 Included in the panelists are Dr. conductor, will be back popular Congress. for his 1.00 Bank premises owned $1.00, furniture and fixtures $ None JWilliams, University of ninth season, and most of the or not President Ei- Whether are None to owned $ (Bank premises subject Political Science Depart-oth- members from last year's outsenhower is a candidate for . . . Liens not assumed by Bank) ment. and Dr- Richard E. Poll, White in the four years standing orchestra will return. Real estate owned other than bank premises None Bngham Young University Po-th- at concede the The annual season ticket drive Republicans House, Investments and other assets indirectly representing to recapture control of the litical Science Department. will start this week, and a rec None bank premises or other real estate Sponsors of this panel are the Customers' liability to this bank on acceptances outstanding None Senate and the House of Repre- Provo Jons club- - and the utah ord season ticket sale is forecast. to "We have had one of the best need persuade None sentatives, they Other assets Na-shticket sales in years," a substantial number of voters to Association For The United TOTAL ASSETS $ 3,456,031.30 their political allegiance. to,tlons- according to Mr. Romney. "ReMain reason for scheduling quests for tickets are being rethe GOP. rn of thP he.t wav tn an- - thse meetings is to acquaint ceived from all parts of the state LIABILITIES ,.with the 'unctions and this year. Many music followers peal to voters is to cut their ol tne are 'sharing tickets and will take accompiisnments to to them taxes permit Demand deposits of individuals, partnerships, and a and an turns attending the concerts. We in save their question or Lodge, invest or spend 1,122,078.44 corporations own money . . . instead of letting swer series, pointed out that con- - hope a lot more will use this Time deposits of individuals, partnerships, spend it for trary to popular opinion, the UN plan. This is a state orchestra .. 1,787,603.30 the Government and corporations and we want all people of the does not cost the public much. them. Deposits of United States Government (including to feel that it is theirs and state continued. "In some fact", Lodge, Of course, politicians ,. 3,935.33 postal savings) in the UN now to attend all the concerts possi"our to taxes if vote even membership slash would 276,452.50 Deposits of States and political subdivisions far-- 1 costs each person in this country ble." None it meant plunging the nation Deposits of Banks Tickets can be secured by writon less than a dime a year. The into debt ther and bringing Other deposits (certified and officers' checks, etc.) 15,284.46 the Utah Symphony office at a amount in we in ing spend more and year inflation cheapening TOTAL DEPOSITS $ 3,205,354.03 West 55 iFirst South in Salt Lake UN the the and various specials the value of the dollar. Bills payable, rediscounts, and other liabilities for 10 City.' The program follows: is to ed what of 1955 agencies session the equal During None borrowed money Wed., Nov.f 2, Jpse Itutfbi, pi(with: hours of World War II cost us., Congress the Democrats None on bank premises Mortgages or other liens, some Another anist; Wed., 'Nov. 1(6, Harold some misconception notable exceptions) sought None on other real estate None unto Wolf, UN times is violinist, and Harold its the to give every taxpayer and every tagged Acceptances executed by or for account of this bank and Schneider, cellist; Wed., Nov. 30, a $20 tax cut . . . effectiveness in deterring or stop-evdependent Nose outstanding of Utah combined though a $2,400,000,000 defi- - ping aggression. Since its foegin-c- it University choruses and soloists; Sat., Dec, was inprospeet and the tax ning, however, the UN has: Other liabilities 7.290T30 cut would have reduced the Extinguished the threatened 10, (Fredell Lack, violinist; Wed., TOTAL LIABILITIES $ 3,212,644.33 Government's income by $2,300,- - Communist aggression in Iran in Jan. 11, Grant Johannesen, piJ946 and caused the withdrawal anist; Sat., Jan. 21, all orchestra; (Not including subordinated obligations shown below) 000,000 a year. of Soviet troops there; Wed., Feb. 8, Isaac Stern, vioThe the Republicans fought CAPITAL ACCOUNTS Democratic proposal which was' Prevented the war between Is- - linist; Wed., Feb. 22, Sally Peck, 50,000.00 Schrein-e- r, Capital passed by the House but rejected rael and the Arab countries from violinist, and Alexander 140,000.00 Surplus March Sat., a into 3, Reid far organist; war; The the greater Senate. expanding Republicans by Undivided profits Fos53,386.97 and hostiliCommunist the Ended Nibley, Eugene pianist, contended that, to protect the ha March ties 20, ter, Tues., flutist; Greece; tax' fiscal nation's against solvency, any Reserves (and retirement account for preferred capital) .... None violinist. of the Heifetz, Prevented war outbreak unmust be postponed TOTAL CAPITAL ACCOUNTS 243,386.97 reduction til the federal budget was bal- over Kashmir; Mediated the conflict which led or a balanced budget TOTAL LIABILITIES & CAPITAL ACCOUNTS .... $ 3,456,031.30 anced ed 'Uniting for Peace", by which to an independent Indonesia. was definitely in sight. can deal This bank's capital consists of: A balanced budget, the RepubLodge asserted that our resist the General Assembly two-thirds First preferred stock with total par value of $ none, total retirable licans explained, could foe achiev- ance to Communist aggression in with agression by a value of none. Second preferred stock with total par value f ed stated. material Lodge with vote," and majority Govmoral, Korea, only by (1) trimming none, total Tetirable value of none. Capital notes and debentures ernment spending, principally by manpower support from the UN, none. Common stock with total par value of $50,000.00.- the Defense Department, with- was successful. "If we and the out impairing national security, other UN members and the ReMEMORANDA See the and (2) an increase in tax reve- public of Korea, had not fought nue from higher personal and in Korea", he said, "we might Assets pledged or assigned to secure liabilities and ... None business incomes resulting from have had a third world war for other purposes CENTRAL COMM. or uncontrollable spread of comthe "Eisenhower prosperity." Obligations subordinated to claims of depositors and other The Republicans hoped that munism on a world scale. creditors not included in liabilities None AND SUPPLY CO. He continued saying, "The UN the Loans above as shown deduction are after budget could be brought in(a) acFor Your of reserves of 13,700.74 to balance this fiscal year (end- participation in the Korean tion was from far it but taxnext perfect, June as that shown are Securities and deduction above after 30) ing (b) Building Needs None cutting legislation could be re- - was he first collective defense of of reserves of commended to the 1956 Congress. its kind in history." Materials STATE OF UTAH "The Soviets can no longer . Now, this program is running COUNTY OF CARBON $3. into difficulties. It has been hop- paralyze the United Nations in 72 HELPER PHONE Defense Department case of a future agression beI, J. R. Phillips, Cashier, of the above-nambank, hereby cer ed that cause we have a resolution call be cut to tify that the above statement is true to the best of my knowledge spending could fiscal this year. But and belief. Secretary of Defense Wilson says J. R. PHILLIPS that, because of increased costs, Sworn to and subscribed before me this 7th day of October, 1955. H now looks as if the spending Donna Jean Thomas, Notary Public Correct Attest: 69V2 MILLION SAVERS CAN'T BE WRONG total will foe $34,500,000,000. H. B. Simonsen Residing at Helper, Utah Admittedly, this is a serious John B. Laboroi situation for those who insist on My Commission Expires Helen B. Leavitt having a balanced budget in sight January 16, 1957. Directors before considering tax reduction. (SEAL) And the iTJovember elections are STATE OF UTAH t, not farr off. Office of the Bank Commissioner. However, the Republicans explain that the fiscal picture is I, Louis S. Leatham, Bank Commissioner of the State of Utak, not all clouds and shadows. They do hereby certify that the foregoing is a true and correct copy of cite these factors: the statement of the above named company, filed in my office, 1. Tax revenue is increasing on October 10, 1955. and this could provide the GovLOUIS S. LEATHAM, Bank Commissioner. ernment with enough money to V a balanced budget within bring Date of publication, Thursday, October 13, 1955. sight. The more people and or-- ; cf Helper, Utah, at the close of business October 5th, 1953, a State banking institution organized and operating under the banking laws of this State and a member of the Federal Reserve System. Published in accordance with a call made by the State Banking Authorities and by the Federal Reserve Bank of this District. J j 17-2- j tax-cutti- a - er an-'ut- ah - ift pre-seas- on , J0 ' ... u. en 1 j Ja-sc- ... Better ed 5 a little luxury is good for every man ... so enjoy r HELPER nmtm JH) straigiitB0URB0Niskey NOW 6 years old AND PRICED TO PLEASE K ROOf BEMOXT DiSTHUKG COMPMfT porations earn the more taxes they pay . . , and the more products they buy the more excise taxes the Government gets. 2. The effort to economize is continuing not only in the De- -l fense Department but throughout! the entire Government. Officials' are being urged in every way possible to eliminate waste, extravagance and duplication. Whatever success is achieved will bring a balanced budget that much nearer. 3. Some members of Congress contend that there should be a substantial reduction in financial aid furnished) other nations by the United States. These legislators say they will urge the next Congress to trim foreign aid in order to help balance the U. S. budget. Just wihat will be accomplished along these lines in the next few months is not, of course, known definitely now. But it is a safe prediction that, in an election year, both Republicans and Democrats will do everything possible to woo the voters by lightening their tax burdens. uwKXCEBute, no. tn hi l The right thinker abides under the shadow of the Almighty. His thoughts can only reflect peace, good will towards men, health, and holiness. Mary Baker Eddy i All these people save at a bank. Why? Here is what savings depositors at our bank say: "SAFETY is first with me; and I get it in the bank's sound management, cautious investment policies, physical safeguards, plus de- posit insurance." "ALL MY FINANCIAL NEEDS are met under one roof." "MY MONEY EARNS MONEY without my having to invest." "I CAN GET A LOAN easily at the bank where I save." "I FEEL CONFIDENT, having ready cash on deposit." Let us prove to you that 69 million savers are right: Come in and open your savings account! by the Federal Deposit Insurance Corporation: Up to $10,000 for each depositor. Helper State Bank & FEDERAL DEPOSIT HELPER, UTAH INSURANCE CORPORATION PHONE 5 |