The Cedarvile Herald, Volume 57, Numbers 1-26

HERALD, FRIDAY, MARCH 30, m i "? ? 'y ' ....... v 1" 111 FINANCIAL STATEMENT — of the— The Cecfarville Bkuldmg & Loan Association SlunviRC the condition of the augociation at the close of the fiscal year ended January 31, 1934 LIABILITIES Running stock, dividends 107536.06 Paid-up stock and dividends 28835,00 Deposits and accrued interest 8238,00 Reserve fund 5555.11 Undivided profit fund 3950.68 Contingent profit on real • estate sold on contract 240.00 ASSETS Cash on hand and in banka ? 6301.37 Loans on mortgage security 121107.96 Irfans on certificate or pass-book secqrity 387.14 Real estate 12698,90 Seal estate sold on contract 4962.57 Dae fra mhorrowers for tenraam and taxes 102.41 Accounts Receivable 8799.50 TOTAL 154354.85 TOTAL " 154354.85 Interest Due, Uncollected 2537,26 STATS OF OHIO, Greene County, ss. I. C. Davis, being duly sworn deposes and says that he is the Secretary of The Cedarville Building & Loan Associa­ tion o f .Cedarville, Ohio, and that the foregoing Is a true statement and correctly shows the financial condition of said Company at the close of fiscal year ended mi the 31st day of January, A. D. 1934, f ' I. C. DAVIS, Subscribed and sworn to before me, this 16th day of March, A. D, 1934. A. E. Richards, Notary Public, Greene Co., Ohio. CERTIFICATE OF AUDITING COMMITTEE OR THREE DIRECTORS We, the undersigned, Directors of the said The Cedarville Building & Loan Association of Cedarville, Ohio, do hereby certify that the foregoing, to the best of our knowledge and belief, is a true statement and correctly shows the financial condition of said Company at the close of fiscal year ended on the 81st day of January, A. D. 1934, W. A. Spencer W. L. Wilson A. E. Huey REPORT OF CONDITION OF . THE XEN IA NATIONAL BANK . OF XENIA, IN THE STATE OF OHIO AT THE CLOSE OF BUSINESS ON MARCH 5, 1934 Charter No. 2932 Reservo District No. 4 ASSETS 1 Loans and discounts--------------------------------------------- -— ?_ 328,975.94 Overdrafts-------.--------------------------------- -— — ---------— - 12.04 United States Government securities owned .£ --------------- 452,500.00 • Other bonds, stocks, and securities owned __— - - --------- 260,625.00 Banking house, |18,000.00Furniture and fixtures $3,133.90 21,133.90 Reserve’with Federal Reserve Bank -------- .--------.---------- 168,643.96 Cash in vault and balances with other banks — 138,459,99 Outside cheekamnd other cash items------------------ ----------- 231,72 Redemption fund with U, S. Treasurer and due from U. S. Treasurer---------------- ------------------------------------------ - 4,500.00 Other assets ...__________________ - - - — --------------------- - 1,358.01 TOTAL_____■____.......... — .................... .................. $1,376,440.66 LIABILITIES Demand deposits, except U. S. Government deposits, public funds and deposits o f other banks — ------------$ 800,388.26 Public funds o f States, counties, school districts, or other subdivisions or municipalities ----- .——------------ United States Government and postal savings deposts ___ Deposits of other banks, including certified and cashiers’ ' checks .outstanding --------------------------------- Total of items 15 t o 19: (a) Secured by pledge of loans and| .or investments ------------------ ___ l __$158,983.70 (b) Not secured by pledge o f loans and|or investments------------ 800,388.26 <fe> TOTAL *DEPOSITS__________ 059,371.96 Circulating notes outstanding----------------------*-------------- 90,000.00 Other liabilities--------------- i i ---------------------------------------- . 219.16 CAPITAL ACCOUNT: Common stock, 1000 shares, par $100.00 per share — --------------------- — ................ $100,000.00 Surplus___________ _____________— ----- 100,000.00 Undivided profits—net ___-------------- 103,609.95 Reserves for contingencies --------------- 19,684.42 Preferred stock retirement fund ■ — .— ------- ...— i-- 323,294.37 109,933.70 49,050.00 3,555.07 TOTAL, Including Capital Account - .$1,376,440.56 * MEMORANDUM : Loans and Investments Pledged to Secure Liabilities, U. S. Government securities------$ 195,000.00 Other bonds, stocks, rind securities ----------------------------- ■- 101,500.00 TOTAL PLEDGED (excluding rediscounts)------__$ 296.500.00 Pledged* (a) Against.circulating notes outstanding __,____$ 90,000,00 (b) Against U. S. Government and postal savings deposit -------------- —------------— ------ -------- - - - 50,000.00 (c) Against public funds o f States, counties, school districts, .or other subdivisions or municipalities — 156,500.00 ( f ) TOTAL PLEDGED — — -------- - ------- - $ 296,600.00 STATE OF OHIO, COUNTY OF GREENE, SS: I, R. O. Wead, Cashier of the above-named bank, ,do solemnly swear that the above statement is true t© the best of my knowledge and belief. ' R. O. WEAD, Cashier. Subscribed and sworn to before me this 26th day of March, 1934, . GLENNA DINWIDDIE, Notary Public Correct—Attest: Mary Little Dice H, E, Eavey J. A. Finney Directors All Kinds at Right Prices W t kave at complete line of Ubico Life Guard Feeds, STAPLE FEEDS Bifeiid, Middlings, Homony, Palmo Midds, Alfalfa Meal, Oil Meal, Soy Bean Meal, Salt, Semi-Solid Buttermilk, Columbus Packing Co. Tankage. Full line of Poultry and Dairy Feeds SEEDS A complete line of Clover and Gress Seeds and A lfa lfa and recleaned Seed Oats. (A ll above seeds Ohio grown) A Full Line of a Premium Grade of Coal W e pay Top Prices for Grain, Wool, Livestock Daily Market for Hogs i C u m m in g s & C re sw e il Cddarvllle, Ohie SMASH PICTURE H ITS^T * \ . ■ ............ SPRINGFIELD THEATERS the film attraction wwwv , wmmmm “Wonder Bar,1 that has been grabbing more space from press and radio than any other picture *ever made* is scheduled to have its fint showing in Ohio at the Regent Theater, Springfield, starting Easter Sunday. A1 Jolson, K ay ; Francis, Ricardo Cortez, Dolores Del; Rio, Dick Powell, Hal Le Roy and many other stars, together with 800 of the world’s most gorgeous and beautiful girls, take part. At the State Theater “ Coming >Out Party” starts Saturday. This attrac­ tion deals with society’s white slave auctions, or, in other words, the com­ mon practice of. inviting all eligible males to attend the debut o f a society beauty with the thought in*mind that her charm and allure might attract one of them to the marriag license* bureau. This is * viscious diatribe on the American marriage mart. Frances Dee and Gene Raymond are starred. At the Fairbanks Theater “The Lost Patrol,” recently given four stars in Liberty Magazine as one of the outstanding pictures in years, will be exhibited for the first' time Easter Sunday. Victor McLaglen, Boris Karliff, Wallace Ford and a host of the screen’s leading men all noted for their he-man type of performance take part in this thrilling and exciting production that is reported as having more of the adventurous and exciting in camera action than any four pic­ tures of this or any other season. REPORT OF SALE Monday, March 26, 1934 Springfield Live Stock Sales Co. HOGS—Receipts 634 head 200-300 lbs. ___ ...__ 4.40 @ 4.55 300 up _____: ______J____4.00 @ 4.30 180-200 lbs. ___i____ 4.15 @ 4.40 160-180 lbs....................... .3,50 @:4.20 140-160 lbs. __............ ...3.35 @ ?4.00 100-140 lbs...................... .2.75 @ 3.25 Shotes _________________ 2.00 @ 3.00 Sows—top light ________ 4.00 Sows—med. & hvy. __ 3.00 @ 3.75 Sows—rough ------- _-.__-l.25 @ 2.50 Stags __________________ 2.50 down VEAL CALVES—-Receipts 62 head Tops—medium wt. _____ 7.25 Tops—‘heavy --------- 6.76 Medium—all weights 6.00 Common ___________ 3.50 @ 4.50 Culls ___ ___!_______ ___3.00 down CATTLE—Receipts 30 head Best Steers ______ 5.80 Medium Steers ____'____.4.00 @ 5.25 Stock Steers ___________ 3.00 @ 4.50 Best Heifers _______ 5.00 Medium Steers — j._____3.50 @ 4.50 Stock H e ifers___ ‘___._ j 2.50 @ 4.00 Fat Cows—t o p ------------- 3,50 Medium C ow s ---------- ---- t.'fflnfl 8.00 Canners ------ 1J5D @ 2.50 Bulls ......... 2.75 @ 3.25 SHEEP & LAMBS—18 head Top Lambs _________ 8.50 Medium & Feeders________7 down \ Culls --------------------- 6.00 down Breeding E w e s___ ___-5.00 @ 10.00 A good run of hogs was readily ab­ sorbed at strong prices, the top be­ ing well above other close terminal markets; Butcher cattle were in moderate supply and sold well. Veal calf prices were. especially good on che medium .and better kinds. NOTICE TO CONTRACTORS State tf Ohla DEPARTMENT OF HIGHWAYS busines recovery OfficiRl Describes Efforts of Re- . serve Banks to Bring Out i Deserving Borrowers— Present Situation Typical Apropos of the part that aa expan­ sion of business loans by banks occu­ pies in the early atagu* of the business recovery which Is now gaining head­ way. a Federal Reserve Bank official recently gave an Interesting review ef the experiences of hls institution In thle connection. In 1932 the Federal Reserve Banks were empowered by law to make direct loans to Individuals In unusual circumstances when they had been unable to obtain loans from a commercial bank, he pointed out. ’ From the middle of 1932 to the end of 1933 there were 1,285 applicants tqr loans at the New York Federal Reserve Bank under this law. The great major­ ity of these applications proved on ex­ amination to be for funds for capital purposes, which are properly supplied aa an Investment In the business, or else were mortgage loans or others un- clnsslfiable ns commercial. Only Fourteen Qualify Only 250, or less than 20 per cent, were of the type which merited de­ tailed investigation. The amount in­ volved was $9,025,000. After further study of these, the Federal Reserve Bank was forced to turn down the ap­ plications of 236, finally offering credit -In the sum of $1,417,000 to 14 prospec­ tive borrowers. Of this amount, only $806,000 was actually loaned, more than . one-half of which was still outstanding many months later. Two of the borrow era went Into receivership. “Since it was the ppecial endeavor of the Federal Reserve Bank to uiqke every possible loan under the emer gency provisions of the amendment, and since their best efforts resulted in the extension of so small a sura as to ' have no effect on the total volume ol commercial loans, it Is a reasonable as sumption that eligible borrowers en titled to bank credit are beiny provided for by the commercial banl.s,” aa/s tbe American .Bankers*Association Journal In commenting on this episode. It Is characteristic, as shown by studies, of past business cycles, tor changes iu the volume of commercial bank credit to follow behind either con traction or -expansion of business ar tlvtty, .say8 a .financial writer In the New York Times. Tbit was manifest recently in England's recent recovery where there waa a lag between in creased business and increased com merclai loans. County Key. Bankers Describing the activities of tbe Agri ulturai Commission of the American .tankers Association, the Director. I) H. Otis, says: ‘With 2.600 agricultural ’ y minded bankers, designated ai rnnty key-bankers, there is enlisted i> amandaus to$«m for the improvement : agriculture. These* key banker, . lag organized assistance to progres /a bankers, who are led to see th< ssibllity of, agricultural work in eir cdmmrtaltles. Banker - farm. ! urs are emphasized as a means <*. quaintlng bankers, farmers and otbm -slness men with first-hand know, ge of how agricultural Improvemem etbods are working out in practice hose give an opportunity for the kt» .ankers to contact country hanker and work out new Ideas.” $1.00 Hartman’s Creosote Emulsion One of Our Best Cough Syrups—79c Week End Special at Brown’s Drugs 1 Columbus, Ohio, March 27, 1934 UNIT PRICE CONTRACT United States Public Works Nations! Re- ovety Highway Project No. S81-B Unit 1. Healed proposals will bo-rscstved * t the office )f the State Highway Director of Ohio, at Co­ lumbia, Ohio, until two o'clock P. M. Eastern .Standard Time, Friday, April 13, 1934, 'or .mproremeqla In: Part of Section A in. Bath Township,.Greene County, Ohio, and Section C In Mad Rlrtr Township, Montgomery County, Ohio, on the llayton-Springfleld Hoad, S. H. No. 80, State Route No. 4, by landscaping on both sides of present pavement, Length 14,797.14 feet or 2.802 miles. Estimated cost of landscaping, $26,412,46. Date set for completion, November 16, 1034. No bid will be considered unless It Includes or Is accompanied by a certificate duly exe­ cuted by the bidder stating that the bidder Is complying with and will continue to comply: With each apjwoved code of fair competition to which lie Is subject and If engaged In any trade or Industry for which there is no ap­ proved code .of fair competition then stating ns to such trade or Industry he has become a party to and la complying with and will con­ tinue to comply with an agreement with the President under section 4 (s) of the National Imltiatriai Recovery Act. Funds have been programmed for the con­ struction of this project In the amount of $33,000.60, In the event contract unit prices Indicate a total cost of the project ah planned In excess of tho amount of funds programmed for the project the length of the project will lie shortened If necessary to keep the cost of the work within lho»funds allots 1 thereto, The Htate-City Employment Service, Henriet­ ta Beard, Superintendent, Fifth It Stone Streots, Dayton, Ohio, will furnish the suc­ cessful bidder an employment Hot from which all labor shall be selected for this project, Tho mlnmlum wage paid to all Group i skilled workers employed on this contract shall bo $1,20 per hour, Tho minimum wage paid to all Group 2 aoml-skllled workers employed oil this con­ tract shall be $1.00 per hour. The minimum wage paid to all Group 3 semi-skilled workem employed on this con­ tract shall be 80c per hour. Tho minimum wage paid (o ail Group 4 somUtklllcd workers employed on this con- ttnet shall bo 65c per hour. The minimum wage paid to all Group 5 common labor employed err this contract shall ho r.oc per hour, Tho attention of bidders is directed to tho specialprovlalona covering aublettlng or assigning the contract, to the use of domestic j materials, selection Of labor, wages, hours of I employment, and conditions or employment, ami' hand labor methods. , : Tiro bidder rnrfst submit with hls bid a certi­ fied check In All amount equal to flvo per cent IV.’o) of the estimated cost, but In no even) more than Ten Thousand Dollars ($10,000.00). Plans snd specifications gre op file in the office o t tho State Highway Director grid the' Resident District Deputy Elate Highway |»|. ] rector. | Tho Director reserves the right to reject any and all bids, 0. W. MERRELU, State Highway Director. For Sale—Running stock in the Cedarville Building and Loan Asso­ ciation, to the amount of $375, at market price. Inquire of The Estate Acceptance Corporation, 42 N. Main St., Dayton, O. NOTICE OF APPOINTMENT Estate of Morris F, Taylor, Deceased. Notice is hereby given that J. A. Finney has been duly appointed as Administrator o f the estate of Mor­ ris F. Taylor, deceased, late o f Cedar­ ville Township, Greene* County, Ohio, Dated this 16tji day of March, 1934. S. C. WRIGHT, f Judge of the Probate Court. Greene County, Ohio NOTICE Common Pleas Court Greene County, Ohio Frances Fox, Plaintiff, vs, Adam Fox, Defendant. The defendant whose last known place of residence was 1422 Chapel Street, Dayton, Ohio, but whose resi­ dence at the present time is unknown, will take notice that the plaintiff has filed a suit for divorce against him and for custody o f the child and that the same will be heard in the Common Pleas Court, Greene County, Ohio, within six weeks from the date o f the publication of the first notice, and that unless he files an answer or reply by that time, judgment will be taken against him. THOMAS FOX Frank L, Johnson, Attorney for the Plaintiff. Subscribe for THE HERALD •- WELLSTOP ‘W ^ H E A D h - COLDS „ n < a o i n . BROWN’S DRUGS Cedarville, Ohio IMPROVED UNIFORM W W tM M J O W M . S U N D A Y l CHOOLi»«S90V! (By RNV. F. B. rtTXWATaK. D. Dm _ -(gamut* *f OMaaga.) * M iymailawi Wawagafrr |M LessonforApril 1 the ewmsT-flrseN - (Earaart nawR) LESSON XEXT—JoSa Xt:l-J 9 . GQL.DEN TEXT—If y* than ha Msan with 'Cbrtat, <a**k tb*aa 'tklw»*‘ whl*h ar« abox*. wbaow Chela!>aiU*tb.«ii tha right hind of God.—Col, 2 : 1 . INTERMEDIATE AND SENIOR TOPIC—-L!via* With th* Living Christ YOUNG PEOPLE AND. ADULT TOP. 1C—Th^ Rvatlty of th* Rasurrtetlon. TUe/esurractitn e f Christ.la ane of the foundation truths of Christianity. It ia tjie grand proof that Christ was what he claimed to 1w. th* Mesalah, the Sap of God (Matt 1273940; John 2:19-21). I. T$w Empty T®mh <vv, 1-10), John' does not enter into a descrip­ tion pt the resurrection 6t Christ, or give any proof other than the, empty tomb and that Jesua had repeatedly manifested himself afterward. To see tho. body of Christ'rittflgiirMl*<with a apear thrust and nail -prints, <*nd tha empty topib. waaall that faith oseded. In this lesson John describes the proc­ esses of hla own conviction touching Christ’s resurrection. 1. The testimony of Mary Magda­ lene (vv. 1, 2). Thts woman, out of whom Jesus bad cast ;*rven -demons '(Mark 16:9; Luka *8:2). ^announced the fact of tho empty tomb to Peter and John. Prompted by great love to him for hla kindness to her, she went early to the tomb oven “when It was yet dark." ’She bad realised great good at bla hand, therefore ‘ah* could not rest until she had done'her'Utmeat for him. The measure e f on*t|*aervlc*i for Christ la the degree Ju .which he real­ izes the benefits conferred. ‘ 2. Personal Investigation by Peter and John (vv. 3*10). The news of the empty tomb which ’Mary'brought so moved John and Peter that they-both ran to investigate, Their Investigation assured them of the reality.of the rea- •nrrertlon. The removal.of the stone from the sepulcher, and the arrange­ ment of the grave clothes, .convinced them that this would not have 'been done by an enemy. II. Ths Manifestations ef th* Rl**n Lord (vv. 11-29). 1. To Mary Magdalene (vv 11-18). *a. Mary weeplng-at the-empty*tomb (v. 11). Peter-and John went homt but Mary couid not. 8he *tood .-there weeping. Sbe renlly should have been rejoicing that the .grave was empty. b! Mary questioned by the angel* (vv. 12, 13). Through her tear* ah* sew angels at the tomb who Inquired, as to the cause’ Of her eerrow. e. Jeaus revealed bluwlf to Mary (vv. 14-10). She Drat saw the angels and then her eyes lighted upon the Lord. 'She did not recognisevbtm lla hla rasarrsetion-body Imtdiirvotew.waa familiar to'her.- -Aa aoon aa he ealled her. fcy nama-ah* 4TC*ga3atd -htm-«ni1 fell at hi* feet- weeping. d. Jesus forbad* her to touch ,hlm (v. 17). Tlila showed that.she waa now coming Into a new relationship'to him. Besides this, the'dlsclplea were Still In doubt’and’sorrow. “Go teH my;breth- ren" waa th* m**Mge *h«-*t**t-«arry. . *.-Mary’aJeatlmony (v. 18),.She.told tbe disciples that, she had seen- the Lord. 2. To tlie disciples (w . 19-29). 'This 1s the first appearance to th* disciples as a body. For faar of the Jawa they met in a prlvat* room *nd h*rr*d th* door. VVhll* they-were glscnMiag th* strange happenings or the day, the Lord mysteriously, appeared -among them. a. When Thomas was absent (w. 19-23). (1) His message of peace 4*. *19). He did not come with censure for tbeir failure and •dtmertlen. Their .conduct .merited censure.-hut. hi* consideration was too tender for that. (2) He showed hls bands and hla side (v. 20). Having calmed their fears be gave them‘Unmistakable evi­ dence Of hla resurrection. (3) Be commMootdftbeat'fv. 21). "Aa my Father hath sent me, even so send l yon.” This commission was not simply to the eleven but (o all the be­ lievers (Luke 24:13). (4) He ^bestowed th* >B*ly^Spirit upon them (v. 22). B r brsathwd *n them and Mrid unto them, vReerive ye -the Holy Ghost." Only, aa ^empowered by the Holy Ghost can a disciple go forward as a successful witness for hla Lord. (5) The dlsciplea’ authorlty 4v. 28), ‘This authority was not by vlrtne ef office but by virtue ef baviagithg Holy GhoeL b. When Thomas was present -(vv, 24-29). Hls absence deprived him of ■ vision of the Lord. (1) The victory uf sight and touch (vv. 24-28). Jesua gradously supplied the evidence which Thomas needed. (2) Greater blessing for those wha see only by faith (v. 20), Master *f Hafpin*sc Only he fa master of hJs happiness who Is honest with himself, who ktiowt what work is hls and who*deceit with singleness of mlad aw) svUb^ali<th# strength and ekill that Hod baa given him. ImmwrtaLMaa Every man Is Immortal until hls work Is dona So lopg as God has anything (or us to do in the world, he will take care o f ue aad deliver us feast danger* NOTICE OF APPOINTMENT Estate sf'Wm , H. Barber, Deceased. Notice ia hereby given that Lucy J. Barber has been duly appointed ns Excutor of the estate o f Wm. H. Barber, deceased, late o f Cedarville, Greene County, Ohio* Dated* this 17th 4ay o f February, 1984. S. C. WRJGBT, Judge o f the Probate Court, , Gwent County, Obi#. W e W ill Have Buyer* for yw*r Butcher Cattle, Fat Hogs, Calvea ansi W e have been having a atrong market at our Mouaday Salas. Springfield Live Stock Sales Co. Sherman Ave. Phone Ceatar 79# suburbs ew Low Prices 23Q €h ttsid e Room a W ith Bath : |ee Water—TUsd Showers , MHlfortable home M1» /travdeEa. Modern and tnckunpoUtan, but not o (ten ta tlou i. The ideal 70 hofel for transient and $2.50 f i i i d i n f ^ .VINEVBTWBBN 4th. m n i 5th STREETS .-P,..-,.-.......-.. ■ ,, ... .................. ............... DRESSES $3.49 to $7.90 . bows, frills, collars, cuffs, hois, jabots—-on flower-like prints, and dark sheers or plain crepes. You’ll want to wear these frocks— because their touches o f white arc so youthful and becoming. Long and short sleeves. Styles for both Misses and Women, Penney values at this low price! • J . C . P E N N E Y < 3 Q E. Main St., Xenia, Ohio The geld content of eur dollars Is less but—the I L f A B E CONT ENT of our CkNMfydirs is G R E A T E R ! THAT’S THE NEWS — aboutourlatoatGuadyaan nowInstock. . .Theyeen* tain xnor* tnRao, aaata aafaty, xnoraamduramaa t - yatthay'ra atUlpdandloar Indollarad—pltain«aaM< coat* of rubber,.cotaan, factory wago*. . . Lae.tt» ahswyou our 1934 llna-up and tali youwhywa tUak lt’a wise to buy riftht new . . . This isn’t our fowaat- priced tlra but It's biggMt sellar. GUARANTEED G O O D Y E A R . , ALL-WEATHER Superttvist Cord T in t StllirkU *a lowM *0^2 frkMtub|MI (echanfir nltlioui notlcr and to any Slat, talts HM Ralph W olford PH*«*e.2 on 25 ROAD SERVICE CiKlarvillw, O . 1 f YOU NEED PRINTING MOP ffi