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Show THE SPANISH FORK PRESS, SPANISH FORK, UTAH s' ! ,j I OMAN CAN UNDERSTAND I STATEMENT ANY MAN ; OUR AIM: TO SERVE YOU WELL FAITHFULLY ALWAYS STATEMENT OF OCTOBER 5th, 1925 I The Bank owes depositors i ...: $253,533.88 When a bank accepts a demand deposit, It agrees to pay the money Instantly, when a depositor asks for It. What heavier obligation could be laid on a banker? What requirements calculated to make him more scrupulously careful of what he does with money Intrusted to him? For deposits cannot lie Idle In the vaults. They must be put to work for the good of the community in the shape of loans to farmers and merchants, investments in bonds, and real estate mortgages. If banks refund to lend and invest, the wheels of Industry would come to a full stop, and banks can only Justify their existence by lending and Investing, and yet if depositors ask for their money, it must be forthcoming without a moments delay. How can a bank lend money and at the same time have it available to pay depositors? The answer lies in a banks reserves of cash and of assets, and especially its surplus assets over what it owes to depositors. The Commercial Bank owes to depositors 253,533.88 which it has agreed to pay, and for this purpose, we have: Cash on Hand 1st. By Arthur Brisbane BUSINESS IS GOOD. SHE DIDNT CRY. PITY POOR NEW YORK. THINKING IS HARD. Business IS GOOD. Tell that to your inquiring friends. The value of crops will be TEN THOUSAND MILLION DOLLARS. Farmers are more cheerful, prices good. Commercial business In cities is improving steadily. Extraordinary showings will be made for August by many department stores and other big institutions. $36,231.98 Not all of the money that comes through the teller's window of the Commercial Bank is loaned or invested. A substantial part is held to pay depositors who wish their checks cashed. A part of this money is kept in the shape of actual coin and currency in the bank safe, and another part is deposited with the Federal Reserve Bank, where it can be had at a moments notice. The Federal Reserve law requires that banks, who are members of the Federal Reserve System, shall keep funds on deposit at the Federal Reserve Bank to the extent of at last 10 of its deposits. In addition the member banka may keep on hand whatever cash they think they may need. The Commercial Bank has cash on hand in the Federal Reserve Bank and other approved depositories totaling $36,231.98, which is $15,023.00 more than is required by the reserve law. ( 2nd. t U. S. Government Bond3 and Stock in the Federal Reserve Bank r The state of New York pities itself because it pays $500,000,000 income tax, almost a third of the entire national tax. New Yorkers shouldnt forget that if they pay $500100,000, it is because forty-seve- n other States send all their wealth to New York banks, spend millions in New York shops and hotels, and allow New Yorks high finance to tap with its corporations and its interlocking ownerships the sources of wealth all over the United States. Since New York gets the income, it should be content to pay ' $17,050.00 A part of the deposits of the Commercial Bank has been ed in United States Government Bonds and in stock in the Federal. Reserve Bank, which rank among the safest investments in the world. These securities are an additional insurance to our depositr ors. As shown by the above statement, the Commercial Bank has $17,050.00 of these securities which are available as cash resources. The use of these Government obligations would give us a total cash reserve of $53,281.98, or $32,073.00 more than is required by the Federal Reserve Law. 4th. Bank Furniture. Fixtures and Equipment $11,500.00 The amount is above the only money we have tied up in anything that is not immediately available to pay depositors. This, however, is a very small part of our total resources and represents equipment that is the very best money can buy, and we feel we owe it to our depositors to have a nice, convenient place in which to do business. Our equipment cost much more than the above amount, but this Is what we consider It conservatively worth and therefore carry it as a resource at this amount. $250.00 The next generation will read about "the navy patrolling c the route, to save the fliers if necessary, and that will seem as strange as to send an automobile with a carrier pigeon in case it should fall down. The Commercial Bank owes for borrowed money....None The Commercial Bank owes for notes rediscounted with Federal Reserve Bank or other banks None This makes a total of resources of $333,585.66 Less amount owed to depositors $253,533.88 This leaves a Surplus of ..... .. $80,051.98 Mr. Konkle In New York, to the of Erove gratitude forto be recovery supposed hopelessly ill, will build a building, partly religious, partly commercial, made up of a church and a hotel, with 4,500 bedrooms. Ten percent of profits will go to missionary work, looked after by the son. The father will look after the profits. 65-sto- ry This amount becomes the property of the stockholders after the debts to the depositors are paid, and la a guarantee fund upon which we solicit new deposits and retain those which have been lodged with us for many years. Our listed resources enumerated In this statement do not and cannot Include those assets of friendliness and helpfulness which this bank has in the personnel of Us Board of Directors, Its officers and its employees. These are asset which pay dividends to our patrons in service and satisfaction. The dining room will hold 2,000 in the tallest building, thus far, in the United States. This religious building contrasts interestingly with the old- - sinful Tower of Babel, which probably was about one-ha- lf the proposed hotel. height of this A Safe Place to Do Your Banking 65-sto- ry ' 'Ed. Money and Thomas J. Measom Bakery Installs New left Tuesday morning for Dilllng, Doughnutt Machine Montana, to look after some business . - of his short classics, "The Great Stone Face, was head by Mrs. Anore nie. R. Bock. Refreshments served at 5:30 to ten members and two visitors, Mrs. Hannah Hales of Salt Lake and Mrs. Minute White of Tro vo. see Even that's an overstatement, for in a thousand yean Rodin wont be remembered any more than Shaw. Rodin in art, 1,000 yean from now will be as unimportant as Kipling in literature or Shaw in philosophy. A1 v e ' After war broke out, the Czar put Russia on a cold water basis, stopping the sale of vodka abso- ' - lutely. This column then suggested that absence of whiskey would mean more cold thinking by Russians, and that one result of such thinking would be the absence of the Czar. That prophecy was fulfilled. rv LEARN TO SWIM Mrs. Ilnttle Wilcox was hostess to the ladles of the Literary Club Inst Friday afternoon. Some time was devoted to a study of the program for tbe remainder of the year. A sketch of the life of Nathaniel Hawthorne was given by Mrs. Duna Bowen: one "Shaw, Bernard; subject of bust by Rodin; otherwise unknown. , DUMB DAN'S WIFE SAYS Doctor "Your husband Is In a critical condition do you give permission to use a local anesthetic? Wife of Patient I certainly do I believe In patronizing home The young son came dashing mad ly Into the house and going to the book case he began throwing volumes right and left. "Where' that book telling how to wlra?" "What do you want with It? "Pop needs It he Just fell In the river! this: The members of the Silver Star Rebekah Lodge resumed their meetings Thursday evening after an Inter val lasting through the summer. The ladles are planning a Hallowe'en social to be given in the near future. Again The great Bernard Shaw, in a moot! of unusual but accurate the world a humility, says thousand years hence will know nothing about him except that the great French sculptor Rodin, once made a bust of Shaw, biographical dictionaries will contain matter. They expect to be back the latter part of the week. - n, husband dead. Some banks own real estate that has come to them through investment or by foreclosing loans on farms and business property on which excessive loans have been made. The Commercial Bank has t only $250.00 of Its funds tied up In real estate. Try, Try the dispatch. panic-stricke- These consist of loans to reputable farmers and business men and firms whose reputation and financial statements jutlfy credit. 4 Loans on Improved farms and choice business blocks and homes and 2 loans on cattle and sheep of a conservative amount per head. Much 4, of the above Is discountable with the Federal Reserve Bank should the seasonal demand for money require it. ? The City Bakery has Installed during the past week a Rainier Electric doughnut cooker which is a fine Improvement to the already Bplenidly With the new equipped bakery. cooker there is no danger of burning the grease and thereby spoiling the flavor of the doughnuts .eliminating the smoke which usually fills the bakery during the frying process, and in other ways makes the operation more pleasant to the baker and the product more agreeable to the taste. , So reads That is a large hope, for "in the meantime many dealers have raised the. price fifty cents a ton. With the public, rushing to buy, that means comfortable profiteering. Mrs. Elsie Eaton Newton, Ohio lady, found herself facing the emptiness of life, with her two daughters married. Many ladies would have sat down to have a good cry. Mrs. Newton went to Marietta College, worked hard, got her A. B. degree, with her. two grandchildren sitting in the audience, to cheer. Now she is Dean of Women in Marietta College, and happy. There is no life emptiness, except in the brain. Keep that busy and life is all right, even if your daughters are married and your 3rd. Loans payable in less than six months on the ,. average ana largely secured by real estate.bonds and other collateral $268,553.63 f Real Estate Owned Uvssr.- V I Now Bolshevism restores vodka to its old alcoholic power about forty per cent ,Men to whom thinking Is new dislike the unpleasant sensation r"d effort And governments that want to - L A H rule in peace . find their work easier when the crowd ruled is well supplied with whiskey. ft u Albert Riser, of Salt Lake City, socretary of the General Church Sunday School Board, was in Spanish Fork and attended the meeting of Sunday School workers held at the Second ward chapel Sunday afternoon at 4 o'clock. 1 9 (22iiitSDL A . win Roald Amundsen, Norwegian Arctic explorer, whose last pole flight nearly resulted in disaster, is in U. S., making arrangements for a new dash, lie may use dirigibio tills time. There is no occasion to haggle here over price or quality. We have but one price that fixed uponla fair margin of profit over the Your dollar will as your neighbor's farther. Mrs. Rebecca Buster, who has been attending the national convention of the American Legion Auxiliary at Omaha, Nebraska, and since that time has been visiting with relatives, arrived home Saturday evening. She ts accompanied by her little daughter, Billie. Mrs. Blister has resumed bur place at tbe public library, go as here- - Values for Boys Dress or School You have satisfaction. STYLES FOR MEN Ip Fall Shoes Stout, . sturdy, yet comfortable shoes for school wear. gun metal, foot culture last, roon) for growing feet. Sizes 12 to 2. . .$2.00 Sizes 8 to 11 ...$2.10 Sizes O to 8 $2.22 Army last Shoes for boys. Made for hard wear. Priced All-leath- er . ..... far no' , Only goods of strictly reliable quality are presented. Seconds, "Job lots.bank-rup- t stocks and other undesirable goods are not permitted in this Store. All the New Styles for Fall and Winter wear black or brown you will find your style and fit and the price you wish to pay. We have your size, priced. $1.98 to $4.98 ' $2.23 to 2.98 BOXED STATIONERY Large box packed full of best stationery. Priced, per box our pledge of Only a - Stoe can offer such values. i. C. Penney , 49c OUR WINTER COATS ' . Unsurpassed Dress Values V the tax. "President Coolidge will leave the coal situation for the present to Congress and hopes there will be no profiteering ui the mean- time. OUR SHOE SERVICE Includes always Newest Styles Sterling Qualities, Lowest Prices You Who Shop Here Have Our Pledge producers price to usand that price alone is for all alike. There is no deviation. . WE BUY FOR LESS SELLING MOST WE SELL STORES FOR LESS DEPARTMENT XZSQ BUYING MOST fty- H INSTITUTIO- N- AND The. Commercial Bank of Spanish Fork t 7 (NATION- - WIDE , Possessing Infinite Style Always Worthy in Value! The woman who of money to invest in dom when she comes Silk and Wool many thrifty buyers! There's nothing mediocre about these Coats except the price! Each line spells charming style. The colors represent the choice of the season, and the fabrics are either the popular Bolivias or the smooth-finis- h materials.- - Priced t All the new colors. You get what you want at the price you can afford to pay. , Priced $12.75 to $29J5 . has. a limited amount a Frock will show wisto this Store. Our low'-priceDresses have attracted , , . $9.90 t Our Prices Are Often Imitated I Primary Graduation at Our Values Never Equaled For Sale Old ewes, black face and Special Chicken Dinner Sunday at l, Rambouillet rams. Call G. W. Cottams Cafe. A Square Meal and a Provo, Utah., Phone 531-Deal. Music at all hours. Day-bel- 2nd Ward Sunday Night Square (ADVERTISEMENT) (ADVERTISEMENT) The following program will be givMiss Nell Creer, who teaches in en at the graduation exercises of the the Murray Junior High School, came Second Ward Sea Gull girls and Trail home to spend the last weekend with Builders, Sunday evening, October 25 her mother. at 7:30: , , Rev. Thco. Lee was In Lcgan FriSong, Call to Serve Sea Gull Girls and Trail Builders day, Saturday and Sunday, attending . . Preston Hughes the state Christian Endeavor convenPrayer tion. Ho returned home Monday, the Is Singing, Story True Sea Gull Girls Mrs. Lars Nielsen entertained a Class History ......Harvey Moore Class History Ethel Cornaby party of ladles Tuesday In honor of Mrs. C. B. Rayburn. The time was Boys Chorus ...."Were the Boys spent in a social way and at 5:30 "What We Have Accomplished. . Blanche Jones luncheon was served, covers being June Livingston laid for eight. , , , Plano Duet and Grace Gardner Honoring Mrs. C. B. Rayburn of "Things We Have iyccompllshed Barney Newltt Los Angeles, who will leave Saturday Clifford Warner for her home after spending about Story four months here and at Bui ley, IdaVerse from Doctrine and Covenants Neil Davis ho, Mr. and Mrs. Joseph Swenson EnToem, Be Obedient., pari Hayes tertained at a family dinner Sunday evening. The rooms and table were Poem, "Clean Yourself Edwin Firmage prettily decorated with autumn flowers. Dinner was served at 6 oclock, Girls Chorus, "Sea Gull Days Are covers being laid for 25; besides the of Pleasure Full r Ross Davis members of the family, other guests Poem Florence Lloyd were Mr. and Mrs. Lars Nielsen. Mr. Motto anb Mrs. Jack Bingham and Mrs. Charm and Health Slogans Nielsen. Assisting tho hostess Ruth Evans Sena' In serving was Miss Leah Swenson Song, "Boys of fhe Primary. . . Trail Builders Following dinner the evening was Lois Hughes spent enjoying music and social Poem A Sample Story . . . .June Livingston Vocal Duet ...... Alice Chappie and Ila Brockbank Wont Wed Goose What the Trail Builders Work Has Done for My Boys Mrs. Elsie Warner "What Sea Gull Work Has Done ft- for My Daughter Mrs. Alice Lloyd the and accepting Recommending boys and girls for graduation. Words of appreciation for pur boys and girls In that It prepares I them for service.. Bishop Warner Closing song "We Thank Thee O God for a Prophhet" ' , UrriT, miuf Mrs. Oliver Swenson entertained last Friday afternoon In honor of her sister, Mrs. C. B. Rayburn of Los Angelos. The afternoon was spent in a social way and Miss Norma Swenson entertained with musie. At six oclock luncheon was served to twenty-five guests. The rooms were decorated with autumn flowers. The hostess was asslstted by her daughter, Mrs. David B. Bowen, Mrs. William Larson, and Mrs. Garland Swenson. Mrs. Harold Allen of Salt Leka was the guest of honor at a bridal . shower given Sunday afternoon by the Misses Matilda and Thelma John- - ; son and Dorothy Leifson at the John son home. Mrs. Allen was married September 22nd In Salt Lake City.1 She whb formerly Miss Jennie Bearn-- - ' son, daughter of Mr. and Mrs. Jacob' Bearnson of this city. The bride was paying a visit to relatives here and , her friends honored her with a show- - er. There were 25 'guests present. Vocal and Instrumental music were the main diversions. Luncheon was served at 5 o'clock. Many useful and beautiful gifts were received by the bride. ) L , SAVEwfift SAFETY ;nC-1 &? Sr . DRUGSTORE .. s Laundry to do for two famillee. Apply to Mrs. N. Corbett, 2 blocks west of Spanish Fork Wanted Co-o- 1 Calorex Vacuum Bottles p. Sr' (ADVEnTIBUftNT) The lady clerks of the Spanish p spont Sunday and MonFork day in Salt Lake City visiting with friends and relatives. .a t .1 v Co-o- Mrs. LaRetta Brockbank was hostess to the ladles of the Alta Club at her home last Friday afternoon. Present were twelve members and the W. following special guests: Mrs. J. ArHagan, Mrs. E. D. Firmage, Mrs. thur Livingston, Mrs. Ezra Warner, Mrs. Hazel Nolan, Miss Leda Bradford and Mrs. Mary A. Hansen. Miss Bradford entertained with two readings and Mrs. Nora Robertson gavo Rehousehold hints and recipes. tho were served by freshments Mrs.Zan Larsen entertained at dinner Saturday evening honoring tho home coming of her husband, Chris Larsen, who has spent the summer In Nevada the 20th anniversary of tho marriage of her brother Arthur U. Thomas and his wife, and the, birthday anniversary of Robert Chappie. The rooms were artistically decorated with dahlias, a vase of which graced the table. At 8 oclock dinner was served, covers being laid for 14. The remainder of the evening was spent enjoying music and aoclal V i-- f "v :c N Handy for every automoblllst and camper; also useful In the home to keep hahye milk warm for the early morning feeding. v Ji f The Calorex Vacuum Bottle Is mado of heavy strong metal parts; It has a largo cap, suitable for use as a drinking cup; the fillers are strong and sets In a patented metallic spring hnso for protection. I VT 4 - I ! ' J .v: Ihoto shows Mias Helen Sweeney, representing the Capitol io beauty pageant, who denies she is engaged to Goose Goslin, luminous baseball star. Humor linked their names when they wero seen frequently together at .dances. A fine bottle for everyday use. We recommend It. CITY DRUG CO. jj5vJb Sat Spring Ulo Spnnlxh Fork Falrvlew |