Frontier.
NEBRASKA, THURSDAY, JULY 9, 1931.
No. 7
O’NEILL WINS TIGHT
GAME FROM WINNER
In what was declared to be one of
the best baseball games ever seen in
northern Nebraska, O’Neill defeated
f the fast salaried club of Winner, S.
D., at Long Pine, Sunday, 1-0 as a
feature of the Long Pine rodeo show.
It wras a great pitchers battle be
tween Honeycutt of O’Neill and
Johnson of Winner, the former hav
ing the edge and allowing two hits
and striking out ten, while Johnson
allowed three hits and struck out a
like number.
Neither team was able to score un
til the last of the fourth inning when
Callahan, of O’Neill reached first by
being hit by a pitched ball and Hol
liday, crack ONeill receiver, came
through with a three-base hit, it be
ing one of the longest blows ever de
livered on the Long Pine field.
Winner threatened in the seventh
inning when it got two men on bases
and again in the eighth the bases
were filled with no one out. Honey
cutt arose to the occasion, however,
and forced the first man to ground
out to the third baseman, struck out
number two and the third flew out to
the first baseman.
Play behind the pitchers was well
near perfect by both teams and they
functioned in league style, infields
working smoothly and outfields cov
ering everything that came their
way.
This game was the first acid test
for O’Neill, their competition being
mostly with local clubs. The team
has not been defeated yet this seas
on. For Winner, this game was the
third loss of the season. However it
has played such teams as the Stock
yards, House of David and Colored
Vandykes of Sioux City.
HOLT COUNTY GETS
CARLOAD OF POISON
Supervisors John Sullivan and
Hugh L. James, accompanied by
State Senator Chris Anderson of
Boyd County and County Agent Jas.
Rooney, were in Lincoln the first of
the week in consultation with Gover
nor Bryan in regard to the grasshop
per situation in Boyd and Holt coun
ties. These gentlemen were success
ful in convincing the governor that
the situation was critical. A car of
poison was given for use in Holt
county and the other counties north
of us received a like amount for use
in their efforts to eradicate the hop
pers. A telegram from John Sulli
van, chairman of the county board,
stated that the poison would arrive
here this (Thursday) afternoon and
would be distributed from the coun
ty agent’s office in O’Neill and from
Phoenix, Dustin and Opportunity.
FLANNIGANS WAIVE
HEARING LAST MONDAY
John M. and James C. Flannigan
waived preliminary hearing in coun
ty court here last Monday and were
bound over to the district court un
der $12,000 bonds each. They had
pleaded not guilty to the complaints
charging irregularities on thirty-sev
en counts.
The actions were brought by the
state through the office of County At
torney Julius D. Cronin against the
Flannigans for alleged irregularities
in the operation of the Citizens Bank
of Stuart, Nebraska just prior to its
closing last December.
The preliminary hearing was be
gun on June 29th; a continuance was
taken until July 6th when the attor
ney for both sides appeared in coun
ty court ready for trial.
John Flannigan was president of
the bank and a former president of
the Nebraska Bankers Association.
James was vice-president.
BRESSLER—ALLISON
Dale D. Bressler and Miss Eula D.
Allison were married at Mt. Etna,
Iowa, on June 28, 1931, by Rev. Z.
M. Bressler, brother of the bride
groom. The ceremony took place at
the home of the bride’s parents, Mr.
and Mrs. Fred Allison at four o’clock
in the afternoon, in the presence of
a few friends.
Dale is the son of Mr. and Mrs.
George Bressler of this city and is a
hustling young man of exemplary
habits.
Mr. and Mrs. Bressler arrived here
last Friday on their honeymoon.
They will make their home on a farm
near Mt. Etna where Dale has em
ployment for the present.
The Frontier joins their many
friends in extending congratula
tions.
PHILBIN—SHAUGHNESY
Miss Ellen Shaughnesy, daughter
of Mr. and Mrs. W. H. Shaughnesy of
this city was united in marriage to
Ray Philbin of Wayne, Nebraska, on
July 4th, by a Presbyterian minister.
Miss Shaughnesy is a graduate of
the O’Neill Public school and the
Wayne State Normal; she has been
teaching school east of ON’eill..
The newly weds will be at home to
their friends in Wayne, Nebraska,
following a wedding trip to points
east.
The Frontier extends congratula
tions.
WHEN you set out to buy tires,
don’t you really want the most
miles and the utmost in safety at the
t lowest possible price.
That being your objective, which tire
should you buy?
If the experience of 20,000,000 mo
torists means anything, you should
certainly buy Goodyears.
But if you try to puzzle through the
welter of statistics on thick
nesses, weights and diam
eters you lose the main
issue and are as much at sea
as ever.
The one and only reliable
guide for you to follow is
the seasoned preference of
the public.
And that preference is over
whelmingly for Goodyear.
This fact expressed year after year by
Goodyear’s great leadership is con
cretely told again in the findings of an
impartial investigation made by an
unbiased dependable institution that
asked 205,000 car owners this simple
question:
QUESTION: "Regardless of price,
convenience, etc., what make of tire
do you consider the BEST tire made?"
HOW CAR OWNERS VOTED ON THE QUESTION
"WHAT TIRE IS BEST?"
... limed on a Nation'll Tire Survey in 1930 by a lar/fe initiated organization ...
fhere’s the only buying guide th^t means anything to you car owners.
4. O « n 1 K A II
4.75-19 size
Other sizes in proportion
A I> L - W K A T 12 E It
The last whisper in style, mileage,
value!
With Goodyear quality priced so
low, why not avail yourself of the
long mileage, safety and the good
looks that have made Goodyear
reputation?
The M EW
Mellor Motor Co.
O’Neill, Nebraska
A “Roll of Honor Bank”
REPORT OF THE CONDITION OF
The O’Neill National Bank
AS MADE TO THE COMPTROLLER OF THE CURRENCY JUNE 30, 1931
RESOURCES
LOANS AND DISCOUNTS-$177,019.07
This consists of $147,019.07 local
loans, mostly farmers, a large per
cent of which is secured by chattel
mortgage or other collateral and
$30,000 in commercial paper due in
less than 60 days.
OVERDRAFTS --- 2502
This is money we have inadvertent
ly allowed customers to withdraw
over and above their balances. It is
an illegal item and we are not the
least bit proud of it.
UNITED STATES BONDS . 140,060.00
These are all interest bearing gold
obligations of the United States.
OTHER BONDS and SECURITIES 133.986.11
This consists of municipal and in
dustrial bonds; county, township
and school warrants.
BANKING HOUSE and FIXTURES 6,068.00
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. Nebr.
CASH AND SIGHT EXCHANGE 181,186.72
This consists of cash in vault, and
due from other banks.
TOTAL $643,338.92
LIABILITIES
CAPITAL STOCK_$ 50,000.00
This represents the cash paid in
on the original investment by the
stock holders.
SURPLUS AND UNDIVIDED
PROFITS _ 78,501.05
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
45 per cent of all our loans and dis
counts and 157 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_ 464,832.87
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 on which we pay 3V4 per
cent interest.
REDISCOUNTS OR BILLS
PAYABLE _ NONE
TOTAL___$643,333.92
We invite attention to the within statement. The position of this bank among
the “Roll of Honor Banks” is a distinction but few banks in Nebraska now occupy.
Our surplus and profits account is more than seven and one-half times the legal require
ments; our cash on hand is $158,013.22 in excess of legal requirements and our United
States bonds and cash on hand amount to $321,235.72, or 70(/e of our total deposits.
The law requires that National banks be examined at least twice each year. Our last
examination was on June 4, 1931, by National Bank Examiner Mr. C. W. Lyon, at
which time we had 487 notes of which he listed and reported eight notes as “slow” and
one as “doubtful.” He also reported a net depreciation, according to current market
quotations, of $550.10 in our “Other Bonds and Securities” and “United States Bonds"
accounts. Considering the present unfavorable securities market this is a remarkably
low depreciation and shows something of the high quality of our bonds held. For sev
eral years we have adopted the plan of giving in more detail and analyzing more fully
the various items that make up the bank statement.
To the average person unaccustomed to analyzing bank statements, it has seemed
to us, the ordinary published bank statement is about as clear as mud and it makes lit
tle difference whether it be read right side up, upside down or downside up. This mat
ter of change in form of the published bank statement is now being given nation wide
attention.
The American Banker, the only daily banking newspaper published in the United
States, had this to say in its issue of July 1st: “We have had much to say in this paper
during the last month in behalf of more detailed bank statements as a means for se
curing safer banks. We believe that more detailed statements by banks will go farther
than any other reform toward ceating safer banks."
OFFICERS
S. J. WEEKES__ President ED. F'. QUINN. Assistant Cashier
C. P. HANCOCK ... . Cashier F. N. CRONIN Assistant Cashier
THIS BANK CARRIES NO INDEBTEDNESS OF OFFICERS OR STOCKHOLDERS.
LOCAL NEWS.
Radio announcement today men
tioned the death of Frank W. Woods,
formerly of Spencer, Nebraska, in
Los Angeles, California. Mr. Woods
passed away Tuesday.
We understand that Mrs. T. E.
Markey submitted to an operation
Tuesday for the removal of an in
ward goitre, at an Omaha hospital.
She is reported to be recovering nice
ly from the effects of the operation.
Roy Warner went to Sioux City to
spend the 4th of July with Mrs.
Warner and children who have been
visiting with her parents in Stanton
for the past two weeks. They re
turned home the first of the week.
Deputy District Attorney W. J.
Froelich, Mrs. Froelich and their
children, Miss Nancy and Billy, ac
companied by Miss Florence Roseler,
arrived in O’Neill from Chicago last
Saturday and are visiting with
O’Neill relatives. They will return
to Chicago the last of the week
where Mr. Froelich is assisting in
the cleanup of the A1 Capone gang
sters.
The Walter Savidge Amusement
Company consisting of his big show
and carnival company closed down
j for the present and are now in
Wayne, Nebraska. The show was
traveling by special train, which was
an expensive proposition. We are in
formed by members of his company
that the show is not broke but clos
ed in order that he might reorganize
the outfit and cut out some of the
expense. Walter expects to put the
big show on the road again in a
week or two but will discontinue the
carnival for the season. We did not
learn whether or not the show will
visit O’Neill this year.
Mr. and Mrs. W. B. Graves and
children drove to Lyons, Nebraska,
last Friday and spent the Fourth
and Sunday with Mrs. Jane Buckley,
mother of Mrs. Graves.
Mr. and Mrs. Guy C. Miller and
children drove over to Iowa Falls,
Iowa the latter part of last week and
spent the week-end visiting with
relatives.
Special Market Days
July 10 and 11
It is advisable to cull all flocks now to get out
non-producers and make room for the new flock
that is coming on.
The hot weather of the past two weeks has
caused a big demand for Quality Eggs. Therefore
those who are selling to us on a Graded Basis are
receiving Quality Prices.
It Pays to Produce Quality Poultry and Eggs
and we pay for Quality by Graded Buying.
DON’T FORGET OUR MARKET DAYS—
FRIDAY ANT) SATURDAY
SPECIAL PRICES FOR ALL PRODUCE
Armour Creameries
O’Neill, Nebraska