The Frontier.
VOLUME L. _O'NEILL, NEBRASK|, THURSDAY. JANUARY 9,1930,_ No. 33.
Roll of Honor Bank
REPORT OF THE CONDITION OF
The O’Neill National Bank
AS MADE TO THE COMPTROLLER OF THE CURRENCY DECEMBER 81, 1929.
RESOURCES
LOANS. AND DISCOUNTS $180,782.04
This consists of notes given by our
customers—mostly farmers—a very
large percent of which is secured by
chattel mortgage or other collateral.
OVERDRAFTS 248.64
This represents money due us from
depositors who have checked out
more than they have on deposit.
This item, while small, reflects no
credit on us as it is illegal for bank
officials to permit ANYONE to
overdraw their account, but such
items inadvertantly creep in occa
sionally.
UNITED STATES BONDS - . 104,250.00
These are gold obligations of the U.
S. Valued by National Bank Exam
iner on Sept. 21, 1929, (last exam
ination) at $1,175.05 more than we
are carrying them on our books.
OTHER BONDS and SECURITIES 90,545.19
This consists of municipal and in
dustrial bonds; county, township
and school warrants. Valued by Na
tional Bank Examiner on Sept. 21,
1929, at $666.53 less than we are
carrying them on our books.
BANKING HOUSE and FIXTURES 5,068.00
Consisting of bank building, vaults,
safes and fixtures of all kinds,worth
about double the above amount.
OTHER REAL ESTATE OWNED 6,000.00
This consists of a clear 320 acre im
proved farm in Holt county and a
dwelling house in Neligh. Nebraska.
CASH AND SIGHT EXCHANGE 316,735.88
This consists of cash in vault, and
due from other banks. Note that this
is over 60% of our total deposits. -
TOTAL $703,629.75
LIABILITIES
CAPITAL STOCK $ 60,000.00
This represents the cash paid in
on the original investment by the
stock holders.
%'
SURPLUS AND UNDIVIDED
PROFITS 82,386.12
This is a part of the earnings of
the bank that have been set aside
from time to time to cover possible
losses and for the further protec
tion of our depositors. This fund is
46 per cent of all our loans and dis
counts and 164 per cent of our
capital.
CIRCULATION 50,000.00
This represents the “currency” or
“national bank notes” we have in
circulation for which we have de
posited with the Treasurer of the
United States $50,000.00 U. S. Gold
bonds to guarantee the redemption
of these notes.
DEPOSITS — 521,244.63
Represents money deposited in this
bank by firms or individuals, a part
of which is subject to check on de
mand and a part on time certificates
of deposit running six or twelve
months, on which we pay 4 per cent
interest.
REDISCOUNTS OR BILLS
PAYABLE NONE
TOTAL $703,629.76
THIS BANK CARRIES NO INDEBTEDNESS OF OFFICERS OR STOCKHOLDERS.
The position of this bank among the “Roll of Honor Banks” is a distinction but few
banks in Nebraska now occupy. For more than 28 years there has not been a single failure
of a National Bank in Nebraska where the surplus account exceeded the capital stock.
The surplus and undivided profits account of this bank is more than seven and one-half
times the legal requirements.
Our cash on hand is $290,305.00 more than the law requires, which, coupled with U. S.
Bonds of $104,250 and other bonds and securities of $90,545.00 (which can be converted in
to cash on the market any day) make what may bo properly termed a total (ASH RESERVE
of $511,531.07, or more than 98 per cent of our total deposits.
A bank, like any other business, must make money if it long survives. In general, a bank
prospers as its customers prosper and makes money W ITH its customers instead of Ol 1
of them. For the past 22 years this bank has paid a dividend regularly each year wdth but
one exception and in addition thereto has accumulated, out of the earnings, a surplus and
undivided profits of over $82,000.00.
S. J. WEEKES - President H. P. DOWLING First Vice-President
DR. J. I*. GILLIGAN Second Vice-President
c p HANCOCK Cashier ED. F. QUINN Assistant Cashier
F. N. CRONIN Assistant Cashier
LOCAL NEWS.
Mrs. Will Brady, of Calgary, Can
ada, aVrived Wednesday evening to
visit her mother, Mrs. J. M. Hunter
and other relatives.
Mr. and Mrs. Joe Smith and child
ren were visiting relatives in Atkin
son Sunday.
Floyd Adams and Miss Vida Ott of
Opportunity, were married January
7th, at the M. E. parsonage by Rev.
O. A. Fortune.
See this one-it’s a wow!
-“Her ^^eee
Good-for-Nothing Husband”
A Comedy-Drama in 3 Acts
By the
Chick Boyes Players
At the K. C. Opera House
Wed. Nite, January 22
Wait For Chick
Mark the Chick Boyes dates on your Calendar
I I.. I.
Mrs. W. J. McDonough entertained
'■he Nu rn '!ub and several invited
guests at her home last Friday after
noon. The high score prize was
awarded Mrs. Salmons, and Mrs. R.
N. Brittell second.
Michael Hull, of Redbird, fell and
broke his left arm while skating, on
Christmas day. He is recovering from
the injury as well as could be expect
ed but he has decided that he will not
try skating again this year.
Mr. and Mrs. M. F. Harrington and
son George were called to Hot
Springs, South Dakota last Saturday
night by the serious illness of their
daughter and sister, Mrs. Constance
Wattles. Mrs. Wattles submitted to
an operation Saturday forenoon; her
condition became grave during the
early afternoon at which time her
parents were called; her condition
was somewhat improved by the fol
lowing morning and she is now get
ting along nicely. Mr. Harrington
and George came home Wednesday;
Mrs. Harrington remained with her
daughter.
The O’Neill National Bank is mail
ing to its customers a copy of the
bank statement of December 31st, a
copy of which statement is printed in
this issue. The statement is printed
on a beautiful “Roll of Honor Bank’’
folder and reflects much credit on
the managing officers of that institu
tion. The statement shows a cash re
serve of over $500,000.00, or more
than 98 percent of its total deposits.
It is doubtful if there is a bank in
Nebraska that can make a better
showing.
Wayne Werner was taken into cus
tody by the sheriff last week on a
mittimus issued out of the District
Court. It seems that Werner pleaded
guilty to having in his possession a
still, and way sentenced to jail for 30
days and to pay a fine of $50.00. He
paid the fine, and on his application,
the time for serving the jail sentence
was fixed to begin December 1st.
Werner failed to appear and Judge
Dickson’s attention having been call
ed to this failure to appear, a mit
timus was issued and the sheriff
placed him in custody, and he is now
serving his jail sentence of thirty
; days.
DOC MATTHEWS RELATES
EXPERIENCES OF THE
FAMOUS BLIZZARD OF 1888
“Memory Lane.” Yea, indeed, it is
down memory lane that 1 wander
many times these days of my old age
—gosh, I hate to use that word "old’’
but when one has passed three score
and fourteen years it just has to be
used to properly express the deplor- |
able situation as to existence on this j
mundane sphere, eh, what? And what
and many are the things that bob up
in one’s thoughts in these trips along I
that lane of memory? Just now I am
thinking of O'Neill as it was when 1
first saw it in July,, 1880, and of the
inhabitants who called it O’Neill City.
I came in from the north astride a
big and bony horse, having filed on a
pre-emption on Brush Creek, select
ed by Bennett Gillespie as a good
place to plant the young man from
Wisconsin who had come up from
Niobrara on a prospecting trip. City?
Ah, me. There were about a dozen
frame houses all told. (By the way, I
had that word "city" eliminated when
1 became Postmaster later on, and al
so had induced the F. E. & M. V. rail
way company to use O’Neill only.)
Of the people, these names come to
me: Patrick Hagerty, Sanford Park
er, Mike Sullivan, Mike Long, Charlie
Millard, John Purcell, Tom Hynes,
Mike Tierney, Doc Daggett, Gillie
Daggett, Neill Brennan, John McCaf
ferty, H. M. Uttley, Gilbert Cleve
land, Barney Kearns, Jim Riggs, Ed
Evans, Dave Wisegarver, Charlie and
Hugh O’Neill, Tom Smith, Pat Fahy,
Frank Toohill, Father Smith, Jim
Coughlin, John P. O’Donnell, John
McCann, Dan O’Sullivan, and of
course others, not many though. And
nearly all of these have passed to the
Great Beyond. And adjoining town,
all the land had been filed on and oc
cupied. I recall Cronin, Cavanangh,
McCoy, Sparks, McEvony, Mitchele,
Wolf Sanfords and Winn. Then the
town began to boom. The railroad,
then resting at Oakdale, was slowly
being extended up the Elkhorn val
ley, and soon Mike Long was busy se
curing the right-of-way through Holt
county, working under that fine claim
agent, Sam Thatch. The road was
completed to O’Neill in the early fall
of 1881, and I was made Postmaster
in January, 1882. I had established
! the now as then enterprising Frontier
j and was getting out special “God’s 1
| Country” editions, which were gener
! ously circulated in other states by the
people and also by the railroad com
i pany, at the instance of dear old Bu
chanan, the general passenger agent.
I recall that the total population of
Holt county and the great unorgan
j ized territory was then only 3,120
I white people. The new settlers came
in very rapidly, and I am glad I had
such an opportunity to help. But that
is all ancient history, and perhaps all
this is of no account at this date, so
will ring off along that line.
What I was going to wTrite about is
the great blizzard of January 12,
1888. Do I remember it? Yes siree
bob, and then some. That was forty
two years ago, but my personal ex
periences of that day and night are
most graphically imprinted on my
mind. And 1 am sure the kid who was
with me and played a leading part
will corroborate all I say, and I do
not believe I could exaggerate if I
tried. Surely no one who has not sim
Br ing Your Old Harness to Us
Have It Dipped in
Genuine Neatslene Harness Oil
and Repaired with
Red Oak Tanned Leather
Right now is the time to have your Harness put
in first class condition for next season’s work. A
little later the rush will be here. If you delay till
then you may have to wait for your work, taking
your turn with all the rest. But right now we can
give you prompt service.
Rats will absolutely refuse to
gnaw leather dipped in NEATS
LENE once a year. If any mice
or rats damage such a set of
harness we will repair it FREE
of charge.
Harness dipped in NEATS
LENE Harness Oil will not rub
off on your clothes, gloves or
hands. We use a special leath
er coloring that is guaranteed
not to rub off.
Don’t let your harness become dry and brittle so it soaks up wat
er, manure acids, sweat and other destructive matter. Bring it to us
and let us dip it in genuine Neatsl ene Oil, in our modern oiling vat.
Your harness will not only look better—but it will last much longer.
Good harness costs money but if you take care of it you will find
that it lasts you for years. Let us help you get full value out of
every set of harness you own.
During January and February the price will he $1.00 per set and
after March 1st the price will be $1.25 per set.
Brins Your Harness In Before It’s Too Late!
T. M. HARRINGTON
O’Neill, Nebraska
i i
ilar experience can fully appreciate it 1
all. This young man is now a grand
dad, but I will bet he has not forgot
ten. I am glad he is still living and is
so happily and successfully situated.
Clyde King had been working for me
in the printing office and when 1 ask
ed him to make a trip with me down
to south-country he gladly consented.
I wanted to see Ed Small, who lived
about a dozen miles south, and with
Tom Morris was running a little store :
at what they called Shamrock. We
left O’Neill about ten on the morning
of the 11th. We had a good team
hitched to a sleigh. The weather was
not at all bad—misty and drizzly—
with quite a little rain and wind from
the south, and as we had to face it,
was quite disagreeable. However, we
were both well clothed, and I recall
that 1 had so much clothing on that
I was compelled to take off the big
buffalo overcoat. My wife had insist
ed that I wear an extra flannel under
shirt and the heaviest suit I had, and
then on top of the regular overcoat
this buffalo coat—borrowed of John
Mann. 1 wore felt boots, woolen socks
and overshoes. My headpiece was a
big sealskin cap, with wool mitts and
fur gloves for the hunds. I am sure
Clyde was about as well togged. We
reached Small’s ranch before dark.
With plenty to eat and a warm place
to sleep we were in fine shape for the
return trip the next morning. Small
and I had made the deal contemplat
ed, by which he would take my home
place and I was going to move to
Omaha—all of which worked, out
The storm had gone—the weather
was simply grand—just a nice, sun
shiny day—and we started for town
in high spirits—over splendid roads.
It was about 11 o’clock when we pull
ed out. We hud gotten a half dozen
miles possibly, had just met and
passed the time of day with the mail
carrier enroute to Chambers when
the atmospheric conditions suddenly
changed. (This mail carrier got lost,
abandoned his team, stumbled on the
roof of a stable, broke through, and
when found next day with the ani
mals, both legs were frozen, necessi
tating amputation. Think he was
(Continued on page 7)
The Chapman Style Shop
Announces
ii *
i The Waited For January Clearance Sale!
| An Event You Should Not Miss!
I Art Goods
y Positively closing out
i
5 all stamped and finish
1 ed Art Linens. Our pri
J ces cannot be equalled.
j Millinery
A Wide variety of
{ styles in Velvets, Sat
ins, Felts and Metal
's ics at drastic reduc
{ tion in prices.
i.————————————————————
; Infants Wear
{ Baby Caps & Bonnets $1
! Booties . . . 25c to 50c
* »
i Knit Jackets . . . $1.00
COATS
Fur-Trimmed Broadcloths, i n
Black, Brown and Tan.
$59.00 Coats reduced to $39.50
$31.50 Coats reduced to.$16.75
$19.50 Coats reduced to.$10.75
-—
—
DRESSES
Crepes, Satins, Georgettes and
Woolens
$10.75 Dresses reduced to $7.00
$19.75 Dresses reduced to $11.00
