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Newspaper
Dillon Examiner
Location
Dillon, Montana, United States of America
Date
Jul 13, 1921
Page
5
A local offer promotes safety in storage with a vault rental service. For $2.00 per year customers can secure valuable papers in a safety deposit box, ensuring items remain safe whether by fire or theft. The pitch invites readers to visit the bank to sign up.
Accompanying 190 Boy Scouts from Clinton Iowa to Yellowstone National Park a Nash two ton truck equipped for first aid serves the caravan. Howard Beguhn leads the service crew while over fifty autos travel with the group winding across the nation. Scouts paid 26 dollars each to join, Clinton banks supported this effort with local savings added. The convoy departs June 20 and plans to reach Yellowstone July 7 staying until July 15 as guests of the U S government then returns via South Dakota Wyoming Colorado and Nebraska ending July 26.
The Helena headline reports Sheriff George W. Hut died when his auto overturned on a Blackfoot County hill. A Big Timber lightning bolt killed Christian A. Hauge. A con artist using aliases swindled multiple Montana banks. he and his wife were arrested in Minneapolis. The railroad commission case will be heard in Washington July 15. An Anaconda report notes unusually hot July weather. Billings describes a pistol hold up by suspect who was then apprehended.
On July 6 the consolidation of Yellowstone National and Merchants National banks closed and the Yellowstone Merchants National bank opened in Billings making it the third largest bank in Montana with capital and surplus of 450000. Three Forks The First National bank, closed briefly, has reopened with new officers and directors.
Missoula on July 7 reported James Reynolds of Boulder Montana seriously injured in an automobile crash at the races Monday. Physicians tonight said Reynolds has a fair chance of recovery while Burnell Liston of Missoula was killed in the same accident.
Effective July 1 the Federal Reserve Bank and Helena branch require signed statements of financial status from makers of obligations before notes can be used as loan security. National and state banks must obtain borrower statements prior to sending notes to the Fed for loans in Helena. Governor Dixon orders a complete inquiry into Deer Lodge state prison expenditures and administration with Rep. T. H. McDonald named special investigator. Missoula banks and the Missoula Mercantile Co offer to purchase 150000 to 200000 of University of Montana bonds after bids failed. matter goes to the state board of examiners.
Montana Weekly Industrial Review surveys widespread activity from Missoula to Lewistown. oil production rises in Cat Creek and Porcupine fields. irrigation bonds planned. road and highway work extensive. Great Falls wool sales, state hospital dormitories, and school district bonds noted.
Oscar Carlson of the Helena Federal Reserve branch told Butte and Montana Rotarians the system shows 2.9 percent net earnings after surplus and taxes, disputing claims of profiteering. He noted 19 of 146 Montana banks have not sought loans and announced plans for road and automobile association meetings in Livingston and Anaconda with Rotary exchanges.
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