anaheim-gazette 1925-04-16
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EXPENSES CUT IN
HALF IN THREE YEARS
General Lord, Director of Budget,
Tells How Economies Have
Been Effected
Expenses of the federal government have been cut in half since the budget was inaugurated three years ago and savings have been effected through teamwork and co-operation of the various federal departments, according to General H. M. Lord, director of the budget, in an address to the Merchants' Association at New York. In 1921, the last year free from budget control, the expenditures of the government were $5,115,927,689, and the next year, the first of budget control, this was reduced to less than $3,400,000,000. Finally by the end of June, 1924, the expenses had been cut to $3,048,000,000, only $48,000,000 more than the mark set by President Harding, who thought that annual expenditures ought to be reduced to three billion dollars.
General Lord said, in part:
"I am not making any rash promises, but with all things as they are, I am satisfied that we will end this year with a surplus in excess of $100,000,000, and we have estimated for the next fiscal year that we will end the year with a surplus of $373,000,000. If we can hold expenditures down and keep them down so that we can give you a $100,000,000 surplus this year, with the prospect of more than $300,000,000 next year, you will have an additional reduction in taxation."
"I want to say the amount of reduction in expenditure directly due to executive pressure exerted through the bureau of the budget will always be a moot question and an idle one. The director of the budget never has made extravagant claims of allowance you of his right to enjoy the beauty spots of our Southland" is the text of an appeal being made to autoists planning picnic and outing trips.
With prospects of a record touring season this year, motorists are asked to be mode considerate than ever of the many tourists and outing parties who will follow them on the highways. Many wonderful picnic and camping sites are shorn of their beauty and appeal each year by selfish parties that leave papers and luncheon refuse around or who denude a spot of its wild flowers, which are usually thrown away long before the car is back in its garage. Considering the many who will picnic or rest along the roads this coming season, motorists should preserve the beauty and charm of these grounds if only for their own future use.
SALVAGING OLD MATERIAL REDUCES RAILROAD COSTS
Manufacturing scraping knives from old shovels, conduit from discarded boiler tubes, wrapping twine from rope scrap, draw bars from steel axles and chisels from worn out files are a few of the many ways in which the Southern Pacific Company saves hundreds of thousands of dollars annually by salvaging obsolete and scrap materials and supplies.
In announcing this yesterday A. S. McKelligon, general storekeeper for the company, stated that rigid economy is practiced by the railroad in salvaging used materials.
Various machines and devices themselves constructed of salvaged material, have been invented by the company's employees to reclaim supplies which otherwise would be thrown away as useless.
If we can hold expenditures down and keep them down so that we can give you a $100,000,000 surplus this year, with the prospect of more than $300,000,000 next year, you will have an additional reduction in taxation.
"I want to say the amount of reduction in expenditure directly due to executive pressure exerted through the bureau of the budget will always be a moot question and an idle one. The director of the budget never has made extravagant claims of extraordinary savings on budget control. He has been content to point to falling expenditures and to the development of teamwork and the spread of the gospel of economy with efficiency through the federal service, gratified that he has had the opportunity to participate in this great and good work. But in the field of estimates he can point to definite achievements that admit of no challenge.
DON'T CHEAT OTHERS
"Don't cheat the motorist who foll-
In announcing this yesterday A. S. McKelligon, general storekeeper for the company, stated that rigid economy is practiced by the railroad in salvaging used materials.
Various machines and devices themselves constructed of salvaged material, have been invented by the company's employees to reclaim supplies which otherwise would be thrown away as useless.
Following are some of the articles manufactured from scrap: Car lining paper from heavy wrapping paper; pipe clamps from sheet steel, torpedo cases from car roofing, velocipede handles from old steel, gaskets from lead, packing hooks from coll springs, water glass holders from galvanized iron, pin trays from typewriter metal covers, indicator numbers from car roofing, whistle nipples from axle steel, flange oilers from oil brass, center punches from tool steel, stovepipe from sheet iron and locomotive rollots from boiler tubes.
CLOTHCRAFT TAILORED
The CLOTHCRAFT
F. A. Yungblut
ANAHEIM GAZETTE
Charter No. 10228
Reserve District No. 12
REPORT OF CONDITION OF THE
Anaheim National Bank
AT ANAHEIM, IN THE STATE OF CALIFORNIA
At the Close of Business on April 6, 1925.
RESOURCES
1. a Loans and discounts, including rediscounts, acceptances of other banks, and foreign bills of exchange or drafts, sold with indorsement of this bank $476,420.12
Total loans $476,420.12
2. Overdrafts, secured, none; unsecured, $823.23 $823.23
4. U. S. Government securities owned:
a Deposited to secure circulation (U. S. bonds par value) 50,000.00
b All other United States Government securities (including premiums, if any) 10,085.00
Total 60,085.00
5. Other bonds, stocks, securities, etc.: 127,356.25
6. Banking House, none; Furniture and fixtures, $60,000.00 60,000.00
8. Lawful reserve with Federal Reserve Bank 41,156.14
9. Items with Federal Reserve Bank in process of collection 15,633.45
10. Cash in vault and amount due from national banks 81,692.87
13. Checks on other banks in the same city or town as reporting bank 6,342.29
15. Redemption fund with U. S. Treasurer and due from U. S. Treasurer 2,500.00
16. Other assets, if any 3,975.78
Total $876,985.13
LIABILITIES
17. Capital stock paiddn $ 60,000.00
18. Surplus fund 15,000.00
19. a Undivided profits $15,825.43
b Reserve for $ 15,825.43
c Less current expenses paid 14,852.44 972.99
21. Circulating notes outstanding 50,000.00
25. Certified checks outstanding 660.00
26. Cashier's checks outstanding 31,033.83
Total of items 25 and 26 31,693.83
Demand deposits (other than bank deposits) subject to Reserve (deposits payable within 30 days):
27. Individual deposits subject to check 360,329.92
29. State, county, or other municipal deposits secured by pledge of assets of this bank or surety bond Total of demand deposits (other than bank deposits) subject to Reserve, items 27 and 29 465,329.92
Time deposits subject to Reserve (payable after 30 days or more notice, and portal savings):
33. Certificates of deposit (other than for money Senator Samuel M. Shortridge has announced his plans for another early visit to Newport Bay. The senator is an ardent enthusiast of the Orange county harbor project and last fall, on the occasion of his visit, expressed his opinion that early development on an ample basis should be undertaken. He suggested that Orange county enter into a complete program to provide an operating unit and assured his hearers that once this was done and some business established, the federal government could no longer ignore the claim for financial cooperation and assistance. Senator Shortridge agrees with the solution of the entrance problem as announced by General Beach, the provision for an east jetty and a 600-foot entrance, and states that it agrees with the opinion he formed when making his tour of inspection on Newport bay. The Orange County Harbor Chamber of Commerce is planning for another visit on the part of Senator Shortridge and hopes to arrange for a large gathering for the occasion.
RUPTURE EXPERT HERE
F. H. Seeley, of Chicago and Philadelphia, the noted truss expert, will personally be at the Rossmore Hotel, and will remain in Santa Ana Friday only, April 24th. Mr. Seeley says: "The Spermatic Shield will not only retain any case of rupture perfectly, but contracts the opening in 10 days on the average case. Being a vast advancement over all former methods—exemplifying instantaneous effects immediately appreciable and withstanding any strain or position no types (following operations) specially."
What kind of a suit do you want?
Is good style essential?—does quality mean anything?
Does tailoring count?—is moderate price a factor?
Absolutely!—these are the things that do count! And these are the reasons more men than ever, this spring will choose.
CLOTHCRAFT STANDARD SERGE
F. H. Seeley, of Chicago and Philadelphia, the noted truss expert, will personally be at the Rossmore Hotel, and will remain in Santa Ana Friday only, April 24th. Mr. Seeley says:
"The Spermatic Shield will not only retain any case of rupture perfectly, but contracts the opening in 10 days on the average case. Being a vast advancement over all former methods—exemplifying instantaneous effects immediately appreciable and withstanding any strain or position no tures (following operations) specially matter the size or location. Large or difficult cases, or Incissional rup-solicited. This instrument received the only award in England and in Spain, producing results without surgery, injections, medical treatments or prescriptions. Warning—All cases should be cautioned against the use of any elastic or web truss with under-straps, as same rest where the lump is and not where the opening is, producing complications necessitating surgical operations. Mr. Seeley has documents from the United States Government, Washington, D. C., for inspection. He will be glad to demonstrate without charge or fit them if desired. Business demands prevent stopping at any other place in this section.
P. S.—Every statement in this notice has been verified before the Federal and State Courts—F. H. Seeley, Home Office 117 N. Dearborn St., Chicago.
CLOTHCRAFT
STANDARD SERGE
Best value!
$25
to
$45
HCRAFT Store
bluth
ANAHEIM
Every Pattern o
will go at
From April 13
Our Business Policy will be
as
If You Have A
Bring your READY
and NO RE
Figure Out Your
Come in an
Spring
Anaheim R
158 W. Center St
WEST COAST
CALIFORNIA
Matinee Daily, 2:30
Evening, 7 and 9
THURSDAY AND FRIDAY
Sol Lesser presents
BALTO AND KASSON
And entire team of 12 Siberian Snow Dogs
Heroes of the Rush to Nome
First Time on Any Stage.
FRIDAY—SATURDAY
5—Clever Acts—5
VAUDEVILLE
Also BALTO & KASSON
—and
Harry Carey in "SOFT SHOES"
SUNDAY—MONDAY
AND TUESDAY
Zane Grey's
"THE THUNDERING HERD"
—and
FOUR MUSICAL LUNDS
In a Mosical Treat
We have Moved Our Shop
to Larger and Better Quarters
We have Moved Our Shop to Larger and Better Quarters
On the corner of North Los Angeles and Cypress streets.
EDDY'S AUTO PAINT & TOP SHOP
You can't get Eddy's Quality for less than Eddy's prices.
Twelfth Anniversary, and also a Great Sacrifice to Get Quick Money
Every Pattern of Wall Paper of 1924 Design will go at 50 cents on the $1.00
In April 13 to April 25, Inclusive
Pattern of Wall Paper of 1924 Design
will go at 50 cents on the $1.00
In April 13 to April 25, Inclusive
Business Policy will be to Cut the Daylights out of Prices on Paints
as well as Wall Paper
You Have Any Desire to Save Money
During your READY CASH—no CREDIT will be Extended
and NO RETURNS taken during this sale.
Take Out Your Requirements Before You
Come in and Cut the Cost of Your
Spring Cleaning in Half
Anaheim Paint & Paper Co.
W. Center St. Phone 430-W Anaheim, Cal.