anaheim-gazette 1928-01-12

Montebello Park Lots Sell Rapidly Fifth and Last Unit to Be Placed on the Market Sunday Following the greatest sales year in its history, the fifth and last unit of Montebello Park south of Whittier boulevard will be placed on the market Sunday, according to an announcement made by C. M. Hamilton, sales manager for the J. B. Ransom Corporation properties. Opening of Unit No. 5 comes at a time when Pacific-Goodrich workers and their families are beginning to arrive in Los Angeles from Akron, Ohio, to settle here preparatory to the opening of the big rubber plant, adjoining Montebello Park, on March 1. Many of these newcomers into the Los Angeles industrial field are already established in snug homes in Montebello Park, while the Ransom Corporation has been in receipt of inquiries as to housing facilities for other workers reaching the city almost daily, it was announced. The fact that the Pacific-Goodrich plant is now 90 per cent completed, gives every reason for belief that the huge factory, considered the most modern and best equipped of its kind in the world, will start production on scheduled time. Due to greatly increased business in Montebello Park sales, two auditoriums will begin tomorrow, handle visitors. The main auditorium is situated at Whittier boulevard and Garfield avenue, while the Ninth street auditorium will be opened in charge of O. C. Lowe, former branch manager, who has been appointed division manager in recognition of his excellent sales record and untiring efforts on behalf of the entire Montebello Park sales personnel. Walter Sheehan, industrial expert, formerly associated with a large estate concern in Oakland, California, will be lecturer at the new auditorium, it was stated. "Montebello Park," declared Hamilton, "has been preparing for months such solid foundations as adjoining national industries and major boulevards, in consequence of which this wonderful community property has proved to be one of the fastest selling subdivisions in the entire country." "The background of prosperity built by national industries is not of the boom kind; it is steady and certain, with a strong tendency to increase the value of all our property within reach of its payrolls. Hence it is only a natural sequence that Montebello Park property should be in increasing demand from month to month. We feel confident that the opening of the fifth unit Sunday will mark the beginning of another tremendous record in Montebello Park sales." Meat Animals Fewer As Population Grows Although there are 35,000,000 more people in the United States now than 25 years ago, there are about 22,000,000 fewer beef cattle, sheep, and swine to provide meat for them, according to Dr. J. R. Mohler, chief of the bureau of animal industry, United States Department of Agriculture. There are, however, about 8,000,000 more dairy cows, so the net loss in the number of food-producing animals is about 14,-000,000 in 25 years. Ten years ago the corn fields aggregated about 107,000,000 acres. This year they amount to less than 98,000,000 acres, according to the latest estimates, representing an average shrinkage of nearly a million acres a year. These and other changes, in Dr. Mohler's opinion, are evidences of a growing industrialization of the United States. "This country," he says, "is undergoing much the same change that occurred during the last century in Great Britain. At that time the British islands were agriculturally prominent. Agriculture, in turn, was largely a livestock enterprise. I need not dwell on the excellence of British livestock, for it ranks with the world's best. Yet for many years it has been overshadowed by industrial development, such as manufactures, mining, and the... Montebello Park sales, two auditoriums will begin tomorrow, handle visitors. The main auditorium is situated at Whitter boulevard and Garfield avenue, while the Ninth street auditorium will be opened in charge of O. C. Lowe, former branch manager, who has been appointed division manager in recognition of his excellent sales record and untiring efforts on behalf of the entire Montebello Park sales personnel. Walter Sheehan, industrial expert, formerly associated with a large estate concern in Oakland, California, will be lecturer at the new auditorium. It was stated. "Montebello Park," declared Hamilton, "has been preparing for months for the coming of Pacific-Goodrich workers from Akron, Ohio. We have ample housing facilities for the coming of Pacific-Goodrich workers from Akron, and now that the vanguard has arrived, we are doing everything in our power toward meeting this demand for homes and, at the same time, taking care of other home seekers who see in Montebello Park not only a perfect home place, but a remarkable opportunity to make considerable money on their investments. Much has been said and written about the influence of industry on East Side real estate values—not only in the immediate vicinity of the Pacific-Goodrich plant, but surrounding the numerous other major industries which have been created in this area in the past 12 months. The time has arrived when these predictions have become concrete facts; with the vanguard of Pacific-Goodrich workers and their families paving the way for the great industrial population which is expected to increase the population of the East Side to 750,000 by 1930. "Montebello Park has been built on these and other changes, in Dr. Mohler's opinion, are evidences of a growing industrialization of the United States. "This country," he says, "is undergoing much the same change that occurred during the last century in Great Britain. At that time the British islands were agriculturally prominent. Agriculture, in turn, was largely a livestock enterprise. I need not dwell on the excellence of British livestock, for it ranks with the world's best. Yet for many years it has been overshadowed by industrial development, such as manufactures, mining, and the acquisition of a world-wide commercial trade. The United States is undergoing a similar change. We may point with pride to our 173,000,000 domestic animals. We may assert that the livestock population of the country, not counting poultry, exceeds the human population by 50,000,000 head. We may call attention to the large meat consumption of the United States and the progress made in improving the quality of animals and in reducing the risks of production. But if we are honest with ourselves, we must accept other facts. We must consider the livestock industry in relation to other developments." Dr. Mohler admits there are partial substitutes for many of the products of meat animals, but he says these are not adequate substitutes. Two duties involve on the livestock producer, he believes. First, they should increase the biological efficiency of their livestock to the highest degree. Second, they should "convince and inform the public that livestock raising in this country is an essential industry, which, along with its various products, deserves consideration in proportion to the service it renders." LOS ANGELES LIMITED For travelers who value these advantages For travelers who value these advantages A DIRECT journey East in a de luxe flyer over the most famous route, scenically, in America. Every feature of modern travel service, including barber, maid, manicure, hair-dresser, valet, showers and buffet service. Dining car service that is celebrated for excellence and is open at any hour of the day. Extra fast schedule, saving a business day to Chicago...and convenient connections for travel further East. Two Other Fast Trains GOLD COAST LIMITED CONTINENTAL LIMITED A feature on all Union Pacific trains is the famous dining car service—none better in America. UNION PACIFIC The Overland Route LUTHER L. EDEN, Agent Union Pacific System Telephone 729 Walnut Short Course Program Announced By A. J. McFadden, Member Farm Bureau Walnut Growers' Dept. "How can I produce more quality walnuts per acre at less cost?" is a common question proposed by the average walnut grower. From the present outlook of increased average and production throughout the state, the future market will not be so much a factor as the ability of the grower to produce the crop on a more economic basis. This will require a closer application to the cost of production. It involves a knowledge of better cultural practices. To this end, the Agricultural Extension Service and the walnut growers' department of the farm bureau will hold a three days' short course for walnut growers at Tustin grammar school Thursday, Friday, and Saturday, January 19, 20, and 21. The program follows: THURSDAY, JANUARY 19 The Soil 8:45-9:00—Registration—no fee. 9:00-9:30—The Walnut Industry in Orange County, H. E. Wailberg, farm advisor, Orange county. 9:30-10:30—The Soil—What It Is and What It Does, W. R. Schoonover, agricultural extension service. 10:30-11:30—Some of the Chemical Reactions in the Soil and Their Effect on the Tree, W. R. Schoonover. 11:30-12:00—Discussion. 1:30-2:30—Water Movement in the Soil, W. R. Hooper, walnut extension specialist. 2:30-3:30—Cultivation—Its Purpose and Effect, W. R. Schoonover. 3:30-4:00—Discussion. FRIDAY, JANUARY 20 The Tree 9:00-10:00—The Structure of the Tree and the Function of Its Parts, R. W. Hodgson, division of subtropical horticulture. 10:00-11:00—What Constitutes a Good Tree — Varieties, Root-stocks, W. B. Hooper. 11:00-11:15—Discussion. 11:15-12:00—Care of the Tree—Planting, Training, Pruning, Bracing, H. E. Wahlborg. 1:30-2:15—Moisture Requirements of the Tree, W. B. Hooper. 2:15-3:00—Space Requirements—Removal of the Crowded Trees, H. E. Wahlborg. 3:00-4:00—Diseases — Prevention and Treatment—J. T. Barrett, Citrus Experiment Station. 4:00-4:30—Discussion. SATURDAY, JANUARY 21 The Crop 9:00-9:45—the Setting of the Nuts, R. W. Hodgson. 9:45-10:45—the Growth of the Nut-Moisture Requirements-Fertilization, by L. D. Batchelor, citrus experiment station. 10:45-11:45—Insect Pests of the Walnut and Their Control, R. H. Smith, citrus experiment station. 11:15-12:00—Discussion. 1:30-2:45—Harvesting and Curing, L. D. Batchelor. 2:45-3:00—Discussion. 3:00-3:30—Cost Account Studies of Walnut Production, M. H. Kimball, agricultural extension service. Farm Bureau Starts Drive With Banquet Over a hundred agricultural leaders of the county met at the farm bureau banquet held at the fair grounds Tuesday night and pledged active support to the organization. These people will assist in the annual farm bureau membership drive which began January 9. The outstanding talk of the evening was given by H. A. Lake, president of the Orange County Fair, and an ardent booster of the farm bureau. He quoted figures showing the tremendous investment in agriculture, the rate of income, and the volume handled by the co-operatives. "The these co-operatives are the essential business representatives of the farmers," stated Mr. Lake. "They are acting under the authority and recommendations of the federal government. They are being encouraged by the government, but there are many things they cannot do. The farm bureau is the organization that ties them together and represents their united interests. The egg men, or even the citrus men, would have difficulty in securing tariff protection working alone, but with the united support of all interested in agriculture, they can get what they ask for." B. H. Schulte of Monterey represented the state organization at the meeting, and V. D. Johnson, representing the business interests of the county, urged the solicitors to prosecute the drive with vigor. This Machine Sold 2,080,700 Boxes of Oranges and Lemons LAST year, a simple electrical device created a new market for 2,080,700 boxes of oranges and lemons. It caused the American public to spend $48,646,766 for orange and lemon drinks instead of other beverages. This new mechanical salesman is the Sunkist Orange and Lemon juice extractor. In soda fountains, clubs, hotels, hospitals and dining cars from Bangor to San Diego, 42,000 of these machines are busy at work. Starting with a crude and cumbersome model of an electrical reaming device, the Exchange began its experiment. Electrical engineers, manufacturers and soda fountain experts were consulted. The Sunkist extractor was finally announced. From start to finish it is an Exchange product, perfected, manufactured and sold (at cost) by the growers' organization. It has enabled dispensers to conveniently serve, and consumers to economically buy. LAST year, a simple electrical device created a new market for 2,080,700 boxes of oranges and lemons. It caused the American public to spend $48,646,766 for orange and lemon drinks instead of other beverages. This new mechanical salesman is the Sunkist Orange and Lemon juice extractor. In soda fountains, clubs, hotels, hospitals and dining cars from Bangor to San Diego, 42,000 of these machines are busily at work. Last year, to furnish the orange and lemon juice for 486,467,660 drinks, they reamed out the juice of 5,202 carrushs of citrus fruits. Orange and lemon beverages, made from fresh fruit, have not long been so widely sold at soda fountains and other public eating places. In 1914 sales scouts of the California Fruit Growers Exchange reported that the task of preparing lemonade and orangeade was so troublesome that soda fountains were selling synthetic substitutes at high prices to divert demand to bottled drinks. A year later the newly formed dealer service department of the Exchange took hold of the task of making it easy to serve orange and lemon drinks that would be instantly recognized by the purchaser as having been made from fresh fruit. Starting with a crude and cumbersome model of an electrical reaming device, the Exchange began its experiment. Electrical engineers, manufacturers and soda fountain experts were consulted. The Sunkist extractor was finally announced. From start to finish it is an Exchange product, perfected, manufactured and sold (at cost) by the growers' organization. It has enabled dispensers to conveniently serve, and consumers to economically buy, fresh fruit orange and lemon drinks. It has made citrus beverages as popular at the counter as in the home. It has opened up a new field for oranges and lemons, which already takes more than 5,000 carloads annually, and by removing that quantity from the regular channels of trade, helps to keep demand ahead of supply, to the betterment of grower returns. This is but another of the services performed by the California Fruit Growers Exchange for its 11,000 grower members, and for the entire citrus industry. Talk to the manager of the nearest Exchange Association or District Exchange. Or, write for further information to California Fruit Growers Exchange, Box 530, Station "C," Los Angeles. The first model of the Sunkist Fruit Extractor made in 1916 ORANGES SUNKIST LEMONS GRAPEFUIT WHAT THE EXCHANGE IS... The California Fruit Growers Exchange is a non-profit organization of 11,000 California citrus fruit growers, producing about 75% of the California citrus crop, operated by and for them on a cooperative basis. Its object is to develop the national and international market for California oranges, lemons and grapefruit by continuous advertising, and to provide a marketing organization that will sell the fruit of its members most advantageously and at least expense. Receipts from sales, less only actual costs of operation, are returned to the growers. Applications are received through all of the Exchange's 201 local packing associations, 23 District Exchanges located in the central office in Los Angeles. 50 YEARS AGO THIS WEEK On Thursday the local rain gauge showed a rainfall for the season of exactly six inches, a trifle more than indicated by Mr. Saxton's measurement. In the case of E. R. Thompson vs. W. H. Tichenal, a suit to recover value of goods sold at sheriff's sale, before Justice Athearn on Thursday, the jury found for plaintiff in the sum of $214. Mr. C. S. Miles offers great bargains in land. The land has good irrigating facilities and is sold on easy terms. Messrs. P. Davis & Brother have completed the removal of their stock of goods to their new store. 25 YEARS AGO THIS WEEK Miss Agnes Yoch, daughter of former Supervisor Yoch of Santa Ana, was a guest several days this week of Miss Melanie Cahen. Charter No. 6481 Reserve District No. 12 REPORT OF CONDITION OF The First National Bank AT ANAHEIM IN THE STATE OF CALIFORNIA. AT THE CLOSE OF BUSINESS ON DECEMBER 31, 1927 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 ... $2,063,961.80 Total loans ... $2,063,961.80 2. Overdrafts, secured, none; unsecured. $384.73 ... 384.73 3. U. S. Government securities owned: a Deposited to secure circulation (U. S. bonds par value) ... 100,000.00 b All other United States Government securities, (including premiums if any) ... 179,377.70 Total ... 279,377.70 4. Other bonds, stocks, securities, etc., owned ... 1,360,611.65 6. Banking House, none; Furniture and fixtures... 69,191.73 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 ... $2,063,961.80 Total loans ... $2,063,961.80 2. Overdrafts, secured, none; unsecured. $384.73 ... 384.73 3. U. S. Government securities owned: a Deposited to secure circulation (U. S. bonds par value) ... 100,000.00 b All other United States Government securities, (including premiums if any) ... 179,377.70 Total ... 279,377.70 4. Other bonds, stocks, securities, etc., owned ... 1,360,611.65 5. Banking House, none; Furniture and fixtures. $69,191.73 ... 69,191.73 6. Real estate owned other than banking house ... 77,968.33 8. Lawful reserve with Federal Reserve Bank ... 184,579.08 9. Items with Federal Reserve Bank in process of collection ... 10,446.54 10. Cash in vault and amount due from national banks ... 288,546.36 12. Exchanges for clearing house ... 18,728.45 Total of Items 9, 10, and 12 ... 317,721.35 14. b Miscellaneous cash items ... 241.87 ... 241.87 15. Redemption fund with U. S. Treasurer and due from U. S. Treasurer ... 5,000.00 18. Other assets, if any ... 918.95 Total ... $4,359,957.19 LIABILITIES 19. Capital stock paid in ... $200,000.00 20. Surplus fund ... 100,000.00 21. a Undivided profits ... 19,283.46 ... 19,283.46 23. Circulating notes outstanding ... 100,000.00 27. Certified checks outstanding ... 1,108.26 28. Cashier's checks outstanding ... 152,880.36 29. Dividend checks outstanding ... 24,000.00 Total of Items 27, 28, and 29 ... 177,988.62 Demand deposits (other than bank deposits) subject to Reserve (deposits payable within 30 days): 30. Individual deposits subject to check ... 1,707,155.83 Total of demand deposit (other than bank deposits) subject to Reserve Item 30 ... 1,707,155.83 Time deposits subject to Reserve (payable after 30 days, or subject to 30 days or more notice, and postal savings): 35. Savings deposits (including time certificates of deposit other than for money borrowed) ... 1,838,263.11 36. State, county, or other municipal deposits secured by pledge of assets of this bank or surrey bond ... 200,000.00 37. Other time deposits ... 7,559.20 38. Postal savings deposits ... 2,530.70 Total of time deposits subject to Reserve Items 35, 36, 37, and 38 ... 2,048,353.01 39. United States deposits (other than postal savings), including War Loan deposit account and deposits of United States disbursing officers ... 6,826.27 49. Liabilities other than those above stated ... 350.00 Total ... $4,359,957.19 STATE OF CALIFORNIA. COUNTY OF ORANGE. I. O. E. Hanson, Cashier of the above-named bank, do solemnly swear that the above statement is true to the best of my knowledge and belief. O. E. HANSON, Cashier. (SEAL) Correst—Attest: H. H. BENJAMIN, WM J. SIEMANN, H A. JOHNSTON, Directors. Subscribed and sworn to before me this 7th day of January, 1928. LEONARD EVANS, Notary Public. No.of Bank 6481 REPORT OF CONDITION OF The Trust Department of (SEAL) Correst—Attest: H. H. BENJAMIN, WM. J. SIEMANN, H. A. JOHNSTON, Directors. Subscribed and sworn to before me this 7th day of January, 1928. LEONARD EVANS, Notary Public. No. of Bank 6481 REPORT OF CONDITION OF The Trust Department of The First National Bank Anaheim, California, as of the close of business on the 31st day of December, 1927 RESOURCES TRUST COMBINED Court Trusts Private Trusts 7. All Other Bonds, Warrants and Securities (Including Premium thereon less all offsetting Bond Adjustment Accounts).....$50,000.00 $50,000.00 $100,000.00 16. Advances to Trusts.....13.67 13.67 Total .....$50,013.67 $50,000.00 $100,013.67 LIABILITIES 20. Amount Segregated for Protection of Court and Private Trusts.....$50,000.00 $50,000.00 $100,000.00 33. Fund for Advances for Trusts.....13.67 13.67 Total .....$50,013.67 $50,000.00 $100,013.67 TRUST RESOURCES 41. Trust Investments, Personal Property.....$ 65,829.20 42. Trust Investments, Real Property.....299,327.86 43. Due from Banks.....4,679.57 Total .....$369,836.63 TRUST LIABILITIES 46. Trusts held in capacity of Executor, Administrator, Guardian, Assignee, Receiver or Trustee.....$369,836.63 Total .....$369,836.63 STATE OF CALIFORNIA. COUNTY OF ORANGE. H. H. Benjamin, President, and Arthur G. Porter, Trust Officer of The First National Bank of Anaheim, being duly sworn, each for himself, says he has a personal knowledge of the matters contained in the foregoing report of condition and that every allegation, statement, matter and thing therein contained is true to the best of his knowledge and belief. H. H. BENJAMIN, President, ARTHUR G. PORTER, Trust Officer. (SEAL) Severally subscribed and sworn to before me by both deponents the 6th day of January, 1928. LEONARD EVANS. Notary Public in and for the said Orange County, State of California.