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Show THE SPANISII FORK PRESS, SPANISII FORK, UTAH ANNUAL FIXANC! (L REItmT OF UPAXIAJI I'OtlK CITY Mr. Emma Lewis Elmer of Magna is vultlng with bar Mrs J. Will Lewi parents, Mr. and Honorable Mayor and City Council, Spanish Fork Clt, Uub, Ibis week. . . Gentlemen: I herewith show a report of auouota receivable. January Albert Mrs. duo and and and Mr balance Mr, amount received 1st, 1911, account for yoar 1938, jnu and Mrs. Floyd Nash flmllb announce lb , ary lat, lift,. Balance Iiuo i.lrih of daughter at tbelr home , last week. ELECT fUC LIGHT SYSTEM Old Accla. Jan. 1, . Mr. and Mr. Ilsnry 0. McKell anAorta, fo ryr, 1928 nounce ibe blrtb of a son and Mr, Tola la mwf WMWW MMWI. end Mr. Elmo Breins announce lb WATER WORKS SYSTEM; birth of a non, (ltd Aorta. Jan. 1, It IS .... ... Aorta, fur yr. 1928 Mis Ahiba Thomas came boms Totala from California to attend the wedding reception of her brother, Blair IRRIGATION SYSTEM: Blair Thomas. Old Aict. Jan. 1. II3S Aorta, for year 111! .... ... ...... Totala .... ...... Mr. and Mr. Alma Jensen of Sin Moreno. California, are here to visit SIDEWALK PAVING: i heir old friend and neighbors. They Old Aorta. Jan. 1. ISIS ... are bouse guests of Mr. and Mrs. Cy Aorta, for yaar It la ru Sterling Totala Mrs. It. II. Tutll nnd Mrs. Lew STREET PA VINO: Christina entertained at dinner Old Acrta. Jan. 1. 1121 .. .. evening for n number of relatives Aorta, for yaar 1121 ......... In honor of Mr. and Mra. Max ThomTotala as, who left Monday for Ran Francisco, California, where Mr. Thomas NOTES AND CHECKS: will attend the Leland Stanford Receivable Jan. lat. 1121 The guests were the immedTAXES AND TAX SALES relatives of Mr. Thomas. iate 8 4.383.74 S. 880. 38 7.871. 02 Recelvabl Jan. I. 1128 14.308.47 IO.llo.4S . 34.418.82 Taxes for yaar 1128 Attorney J. Rulon Morgan and 14.484.18 Bishop fieo, K. Kin go ford will be 17.888.80 32.382.88 Totala jhe speakers at the Second ward sacraTurned for Collection CITY CEMETERY ment meeting Sunday afternoon at .. . 151.25 SI. 28 Receivable Jan. 1, 1828 o'clock. A splendid musical pro18 7S ...659 SO S38.7S Acruunta for yaar 1828 he given In addition to lh gram will 61.21 IS 75 adlres-i75 1410.75 . otala The program Is under the direction of the M. I. A. CITY FARM ( 542.00 (650.00 Kecelvabxl Jan. I, 1828 11,182.00 The luurrlagtt of Miss Madge 480. U0 480.00 Kent for yaar 1828 to Itlair Thomas was solemn-lie1.032 00 660.00 1.6S2.0O Totala last Friday nl th eSalt Lake Temple. A reception In honor of the LICENSES (175 00 young couple was held Saturday Receivable for 1828 11,788.76 (1,624.76 110.00 81.00 st the home of the bride's par201.00 Receivable Jao. 1. 1828 285.00 Mr. and Mrs. John Oberhansley 2.000.76 1.716.76 Totala ti!, A wedldng dinner was served to the under I lie AdmlaUiraliou of Mayor John E. Ilmrth and Immediate relatives and a few IntimArrotnplUliiucnt I ho 1mwal Illy C'ountil, for lltr year 1828, an aa ftdlona: ate friend of the young reuple. Paid from City Revenue without aa Increnxe In Members of the Spanish Fork club met lust Thursday evenPaid for Electric Light Construction Transformer and Meter .... 2.664.36 6.023.16 ing at the Palace cafe with President Paid for Waterworks Coualrnctlon, New Cast Iron Pipe 888.30 M. It. Taylor In charge. Observing Paid on Strawberry Water Right 'oiiHtituilon week, a very splendid 830.00 front on prev. Sidewalk paving, delinquent Paid year talk on The Constitution waa given ... 2.446.04 Paid on Delinquent Paving from previous year 3.0OO.00 by J. V. Christianson of the Spanish Paid on Borrowed Money from year 1827 . 130.00 Fork lligi School. A committee wa Paid on Installation of Fire Siren, .part boxen to select n wedding present . Paid on purchase of Rare Track property and for Mix Mary Williams, former ..... 3,100.00 filing grandstand of tbs club. 700.00 Paid for new fire hose (100 feet) - 801.60 Paid for Resurfacing 4tb North Street with crushed rock Mr. and Mra. Fred Deane and dau800.00 Refunded (40,000.00 Bond Issue, saving In Interest from 6 to laira and Marguerite, motor4 ghter. ".. from Bonds to (820.00 Loan 7?to Refunded (28,000 Special Obligation ed from Salt Lake Sunday to attend Paid for Refunding Bond Issue and Issuing 6.4 40.00 the trousseau tea of MU Mary Special Obligation Bonds TOTAL (27.864.34 Less Money Borrowed on Tax Anticipation Notes. Mark J. Brockbank. who has re8.000.00 due February 1, 1828 cently returned from the world JamW will also deduct premium on Refunding Loan, of(2800.00 boree of Scouts at Birkenhead, Engwhich leaves a balance of (16.164.34 saved for the City during land, was the apesker at the meeting on the year 1828. This baa been done by running the city of the Spunish Fork Rotary Club held col when and also due account the collecting system, . , Monday at noon at thqa Darling Holectlng from the delinquent accounts, and delinquent taxes, tie-over been In has which an Fines Increase (600.00 tel. Mr. Brockbank spoke very ingather with over any past year, giving a total revenue of (17,620.74. This terestingly concerning the Interesthas all been applied to Improvements. The tax levy has been ing sights he had seen on hla trip cut one mill since 1827, this through good management of and Funds. explained how such gatherings City are an Influence toward world peace. .condition OF BIIKIET DECEMBER 31, 102K Rex O. Daniels was accepted as a member of the club. It was voted to meet In a body at the Mau and Boy banquet at the City Pavilion next Wednesday night, this meeting to be in lieu of the regular meeting for next week. President Joseph Hanson presided at the meeting. . till Kuo-da- On Colder DaysThey Keep You Warm These Fine Union Suits Nows the Time to Buy Them Men at These Low Prices! Fair and Coldrri I fcavicr under wear is in order. Thrifty men and women who buy for men, these two group offer great value! y I'm-verslt- Group No. One $1.49 F.xtra heavy weight union auits (illustrated at left ) of fine cotton. Fleece lined and fully cut. Made to lit snugly at cuff and ankles. In gray color. Cut to fit perfectly and comfortably. Sl . Obre-huiisle- Group No. Two 98c g These are. outstanding values that you shouldnt miss! Made of heavy weight cotton, ecru rfyt'cd with snug fitting cuffs and ankles. Cut so that they fit comfortably Huy several! Sketched at right. Imb-bledne- e - The Time Has Come to Put on Rayon-Stripe- d Union Suits Hie gbm of the liny horizontal rayon ttriiH linn these suits almost a festive air! They are daintily finished at tbs neck wiih a crocheted edging. Several xtyhi Rayon striped cotton suit. 2 to 16 year.. Part wool suit u rayon stripe. 6 yeai. 69c These are very good looking a well si practical for all kind of outdoor wear. Come In tan, brown or grey with fancy elastic bottom. Two pockets. 98c $2.98 General Fund Administrative Buildings and Grounds Fire Department police Department City Cemetery Bonds, City Officials .. .. Interest, Borrowed Money 833-2833.22 (69,769.27 (8.084.07 (8.084.07 (75.000.00 Commission, Refunding Bonds The overdraft In the general fund Is caused by some appropriations . not provided fo rln the budget, as follows: Insurance, City Property .... (5,440.00 Employees Compensation Insurance Premium on Refunding Bonds ..... 3.000.00 Office Supplies Purchase of Race Track Property (8440.00 Auditiing City Books 150.00 - (7,181.36 Overdraft in Fund Mayors Contingent Fund 25.00 ...;. Refund on Licenses Without these expenditures. General Fund 200.00 Celebrations 1,258.64 would have a balance in fund of 77.05 $21,472.01 $8,440.00 Miscellaneous, Telephone, Freight, etc (8,440.00 Totals 29,000.00 Bonds taken up by Refund Bonds, Exchanged FINANCIAL RElOKT, SPANISH FORK CITY, UTAH, December 31, t28 Bonds taken up by Warrants 11,000.00 RECEIPTS: 28,000.00 Borrowed Money Paid by Refund Bonds Exchange Borrowed Money Paid by Warrants 6,500.00 (19,663,83 ( Electric Light Collections 2,929.43 24,150.06 Streets and Sidewalks Fund 4,486.23 Electric Light Old Accounts Bond Interest Paid 5,167.63 9,893.71 Waterworks Collections 95.50 Drains Upkeep 13,670.50 3,176.79 Taxes General Public 1,300.00 Library 1.540.15 Irrigation Collections Total Disbursed ,....$144,027.93 659.33 2,199.47 General Taxes Plus Cash on Hand 3,130.63 1,077.27Siedwalk Paving Collections TOTAL $147,158.56 439.54 1,516.81 General Taxes BALANCE SHEET, SPANISH FORK CITY, UTAH, December 31st, 1928 4,127.78 Street Paving Collections CAPITAL LIABILITIES CAPITAL ASSETS 879.08 5,006.78 General Taxes and Park $20;640.00 Bldgs City Bonded Indebtedness General Fund: 13,500.00 City Real Estate $ 539.75 Waterworks $66,000.00 Cemetery .... Lots Unsold 1,521.60 Cemetery 224.00' Dog License Street 15,000.00 Paving 57.439.54 Electric Light System 605;78Interest on Accounts 28.000.00 Obligations Special Waterworks 101,190.22 System 1.596.06 Fines Collected Fire Equipment 9,207.18 Total $109,000.00 ... 1.71575 Licenses Office Furniture, Etc 1,650.75 Strawberry Water 2,005.4? Public Grounds and Buildings Police Equipment 478.30 .. 285.40 8,875.28 Notes Receivable Payments deferred St. 28. Pav 681. 11Equity. City, 12,000.00 Borrowed Money Total 117,875.23 4,260.96 City Equity S. W. Pav .. 607.00 ... County Fire Protection Water Rights 39,775:40 Copital Surplus 317.30 $163,595.37 Taxes for 3,125.69 Equipments 4, 076. 45General Taxes Total $281,470.65 Total $281,470.65 .. 40.01) Pasture Race. Track CURRENT ASSETS CURRENT LIABILITIES 28.45 ..... etc. Misc., Estray Pound, Tel., Cash on Hand $ 1,372.60 $ 4, 53. 23- Warrants Payable (24,041.40 Notes Receivable 545.68 5, 119. 75- Accounts Payable . 68,000.00 Bonds Sale of Refunding 4 9,000.00 18,585.08 Notes Payable 3,096.79 Accounts Receivable Bond Interest Fund 8.500.00 2,713.42 S. W. Paving Payable 879.08 S. W. Paving Receivable Bond Sinking and Redemption Fund Receivable St. 5.336.26 Street Paving Payable 10,068.48 Paving 2,197.70 Streets and Sidewalks Fund 2,132.06 Accrued Interest Payable 2,389.20 879.08 Supplies on Hand .. Public Library Fund Uncollected Taxes 10.519,77 Accounts Pd. in Advance .... 127.00 $145,037.67 Tax Total Receipts Sales Equity Total 5.878.86 $38,002.96 2,120.89 Plus Cash on Hand January 1st, 1928 Insurance 164.32 11.949.69 Current Prepaid Surplus TOTAL V..$147.15S.56 Total Total $49,952.75 $49,952.75 1,470.65 Capital Liabilities $281,470.63 DISBURSEMENTS Capital Assets Total Total $ 4,657.4 3 $331,423.40 $331,423.40 Electric Light Fund, Maintenance I, J. P. Christopherson, tin duly elected, qualified and actitg City Re2,664.35 Electric Light Fund, Construction 12,726.50 $20,048.30 corder of Spanish Fork City, Ut ib, hereby submit this, my report, showing Strawberry Water Users for Power 2,351.10 receipts and disbursements i'or me year 1928, and balance sheet as of DecWaterworks Fund, Maintenance 8,374.23 ember 31st, 1928, which to the best of my knowledge and belief, is a full, 6,023.15 Waterworks Fund, Construction true and correct statement of the financial condition of the City of Spanish 1,433.85 Irrigation Fund, Maintenance .... 999.30' 2,433.15 Fork, at the close of business December 31st, 1928. Irrigation Fund for Strawberry Water IN WITNESS WIIEUEuF, 1 hereunto affix the corporate seal of Span2,000.00. Sidewalk Paving Fund Bonds Redeemed of February 390.00 2,390.00 ish Fork City, and the same is done under my hand thiB Sidewalk Paving Fund Interest Paid 1929. J. P, CHRISTOPHERSON, Street Paving Funds Bonds Redeemed 4,000.0j) 1,317.66 City Recorder' and Clerk. 5,317.66 (SEAL) Street Paving Fund Interest Pd 2 - There are two classes of cattleman. One man is the breeder or producer, who raises cattle to be sold both as Stockers and feeders. The other class Is made up of those who specialize on feeding cattle, buying thin stock from the breeder. Just at this time the breeder seem3 to be holding the whip band, due principally to the generally admitted shortage of breeding cattle. Stocker and feeder cattle are selling at the highest prices ever known during peace times. The Southwestern range man Is getting from $40 to $55 for his spring calves, and from $55 to $65 per head for his yearlings. If he is producing anything like a fair calf crop that is, if 75 per cent of his cows are dropping and raising calves the breeder is getting a very satisfactory return on his investment in breeding stock, land, feed, labor and money. On - 1924-25-26-- - - I I , 5th-da- j y vs - rt the other hand, the margin be- tween the prevailing cost o ffeeder cattle and the present selling price of fat stock is admittedly narrow. In fact.many students of the market are inclined to believe that the probable increase in value after feeding out these calves and yearlings is likely to be so narrow as to border on the danger point. It is true that fat cattle are selling at unusually high prices, but it is true also that the cost of feeding the critter is relatively high. Add to this the high priced thin stock and the margin may be pretty narrow. , Those who make a practice of loaning money to cattle feeders are not willing to take tbe risks that seem to be involved and therefore the man who feeds cattle must have a larger amount of bis own money invested in the stock before he can ordinarily hope to borrow money on the balance A few years ago, cattle loan companies were loaning as high as 75 to 90 percent of the cost of the thin animal. Now there are few concerns which will loan more than 40 to 50 per cent of the original cost. This is an important consideration and is bound to affect tbe number of cattle placed on feed, particularly in the v 'Y V Of Suede Cloth Underwear And Many Girls are Selecting 4' Difference... Totals ....(69,769.27 Lumberjacks Winter ; ol western states, this season. Some western cowmen who for years have found it economical to buy their feeder stock rather than carry a breeding herd themselves aijfe going back into the cow and calf game, finish feeding the calves aii Thls seems yearlings themselves. like a practical proposition in cases where land and Improvements are such as to permit carrying a breeding herd. C The generous rainfall, which has brought out feed and provided water for stock all through the Southwestern range country may tend to cut down the number of calves and yearlings available to feeder buyers, as many cowmen report that feed is so good that many ranchers will be able to sell their 'young stock for beef rather than as feeders. The situation on the whole Is favorable to the breeder and producer, yet there is much underlying strength in the entire cattle business today and there will undoubtedly be sufficient demand to take rare of the reduced crop of stockers and feeder Mr. and Mrs. Howard Stoddard New York city are rejoicing over of the arrival of a baby girl. The mother was formerly Miss Jennie Creer, daughter of Mr. and Mrs. J. P. Creer of Salt Lake City. Her brother, Frahk Creer, Is visiting in New York, having motored there from Salt Lale. Mrs. Ellis Fuller and Mrs. Effie Dart were joint hostesses at a chicken dinner Saturday evening In honor of Mr. and Mrs. H. L. Winn, Mrs. 4f-to- n French, Miss Irene Winn and Delbert Fuller, all of LaGrande, Oregon, who have been visiting here with Mr. and Mrs. Ellis Fuller and other relatives. Dinner was served at seven oclock, covers being laid for the guests of honor, Mr. and Mrs Bernard Snow and Mr. and Mrs. Bryan Stewart of Salem, Mr. and Mrs Fred Dart, Jr., of Salt Lake and the immediate family. Assisting the hostesses were Mrs. Charles Dart and Mrs. Lee Dart. |