Newspaper Archive of
The Perkins Journal
Perkins, Oklahoma
October 18, 1984     The Perkins Journal
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October 18, 1984

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* PAGE 2 -- The Perkins Journal Thursday, October 18, 1984 * THE PERKINS JOURNAL Doc's COMM, ENT,q Robert L. and Yvonne M. Evans, Owners-Publishers Yard Signs and Grass Springing Up From th, Files Published each Thursday at fl, Main Street , ' state • , ' ,,,,-,'m" ' It S Friday and government is There s more interest in .... AnR ' weather in the Cimarron creating someaFp!a prehen- the race between Jim • d.V~VJ~a.LV~, lVt.W'%.rWI--~'IS&& .. . . . • , * USPS 428040 Valley is pleasant with men. They, are ginnmg Jones and Frank Keatin -==J.m . Ye ff with' friends in Sayer, .... ?' ....... overcast skies and light to look like a branch of a than in local contests. ~7 __ars Aoo Okla vwne,-- '" ~ mcom, .... LoganSUBSCI~IP~" ONsna ~oam PI~I. CES rain. The rain is welcome group formed in favor of Jones is expected to win i and needed for ' ~re--onai -overnment "n .... . t~ounues ..one area.~, ~ l by mos~ people here (From the Perkins Jour- 5 1 Ye $9~0 per ysar plus S% tax [$10.07] Dade Co n ' • • " Elsewhere in Okla. St3.S0 per y~r plus S% tax [$14.311 But there has not been , , u ty, Fiends,. a Jones m a formidable nal, October 26, 1917 - 67 ars Ago i Outside Oklahoma $1S.50 per ye~ enough to require the use aecaae or more ago. The candidate who received years ago.) (From the Perkins Jour- - oI oowntown tootlogs to program was in raver of his political education Several sick horses in nal, Oct. 19 1933 - 51 cross the gutters fromconsolidation of state ac- and training under thethis vicinity. Last Fri- years ago) ' Tr~Trn~rA v ww~wT A ~ f~wrLvvr~v " S ace to tlvltms with county ofJohnson Admimstratlon ' - - " jkJt./tv~t~As, r.L/liUl~lkki. LJI'I~'qIUI~ parking p .... - " " " , day, Mr. Mc.Gowen s The, Forest Valley • sidewalk, fleers being appointedand it will be a real upset horse died, hawng neen Women s Club met at the " Grass is beginning to rather than being elected if he loses to Keating, but sick only a few hours, home of Mrs. Nancey Just The weather has been warm, but dampish. Haven't received a good rain yet, but numerous light showers. Supposed to cool off a bit and maybe it will produce some rain. XXX Noticed the s!gn is up on ~he new fire station, and according to city manager Gerald Hall, that pretty well finishes up the fire building pro- ject. Still to come is a large 1000 gallon per minute pumper truck. The-city has made sev- eral bids on used trucks and hopes to come up with one month to com- plete the fire improve- ment project. If everything goes as planned, Perkins resi- dents will be enjoying lower fire rates as a result of water system improvements, the new pumper truck, fire sta- tion, and a training coubse firemen are now enr0lled in. XXX IV~.y good friends, Dave and: Marilyn Goodrich hav'~ started their own real: estate firm in Stil~water. That Dave is like:a bulldog. If he ever get~ his teeth sunk into something, he ain't gon- na let go! Y~u've heard about tho~e who have sold ice bo~es to Eskimos? That is sbrta the way Dave got started into business 20 or 30 years ago. Central RuSal Electric Co-op hir&i him to sell electric l~it~hen ranges to farm wives so the Co-op would sell~more electricity. And he,DID sell kitchen ran~s so successfully he staped on in sales and wo ked his way to public rel ions manager until he ~took an early retire me~t, served as advertis- ing~manager for the Jour- nai~for a while, then went into real estate sales full~ime. We've worked closely with Dave through the years and know him to be a hard worker, and he's co scientious, honest, and very accurate and cofnplete in his work. And he really could sell an ice box to an Eskimo and they would appreci- ate: him for it. XXX Have you wondered a customer of a bank knows he has financial problems? For instance, one who has large sums borrowed, say a farmer. According to an article in Crain's Chicago Busi- ness, banks in the Illinois area are telling their customers to sell off some assets. The heat is on the far~ers in Illinois. Can it be~ much better in Oidahoma? Agriculture in ~general is depressed, anti most farmers are regular, longtime bank customers. Many of the mi~ddle age farmers, those who started out in th$ business right after, W~rld War If, after near- ly ;40 years, are still in de t, and finance annual- ly or semi-annually, a cobtinuous process. }lere is the grim news ri4ht from Crain's: '~)mething's starting to da vn on the folks down at Woodford County in downstate El P o. Central Illinois country bankers are get- tin~~ used to the idea they going to have to take some losses on some farmers. They've never show in neat little rows on the old high school block, and it looks very Lin, More o,co Politics remain very done thatbefore. Indsed, quiet as sports are the sorry state of predominating the news. U. S. a g r i c u I t u r a I Yard signs are appearing economy and its moun- all over Cushing in sup- ting impact on banks port of candidates for across the Midwest wasDistrict 33 between the signaled last week in incumbent, TomE. Hall, First Chicago Corps's Democrat, and Mike decision to write off $279 Morris. Republican, for million in bad loans and State Representative. report a third-quarterThe Republicans have loss of at least $70 opened an office in the million." Petroleum Building on The problem apparent- ly, is the selling price of farm land at the present time. The value of land in Illinois has gone down over 25 percent in the last few years. Land sell- ing in 1981 for $4200 an acre, recently sold for $1,550 an acre. That is one reason First Chicago was forced to revise its earnings report. A fore- cast of another 10% drop in land prices is predicted in the next year or two. Oklahoma land seems to be holding steady. There are not as many buyers, the auctioneers will tell you, but when it does sell, the drop in price is not nearly 25 % to 35% as it is in Illinois, or at least it is not in western and central Oklahoma. Last year, net farm in- come averaged $16,627 in Illinois, down 15% from 1982, compared with the $22,000 needed to maintain a middle- class lifestyle. Problems in bank loans are in the areas of energy, agriculture, shipping and construction. So here is a dire predic- tion that apparently is coming true, "The banks that have a big exposure to agriculture are going to continue to have pro- blems over the next few years," states Mr. Schroll of Dain Bos- worth. "We may see a continuing buyout activi- ty under more distressed situations." XXX The failure of a bank in a small town makes big waves. Here is what Frank Talley, news editor of the Tecumseh County-Wide News said his his column: "My ears couldn't believe that Farmers and Merchants Bank would he no more. Tecumseh will never be quite the same without that institution --but Republic Bank of Tecumseh will continue to continue the same ser- vices. Our hearts go out to Bill and Joan Perry. Few people have endured the tragedy and hard- ships they've endured the past 12 months•" The Perrys were own- ers of the bank. Not only did they lose everything there, but recently, a son was kid_nap~l and mur- derecL They were still recuperating from that" when their bank began experiencing difficulties after loans to a Shawnee energy business went sour and court sentences were handed out. x .x We were reading where representatives of the banking industry were quoted as saying there could be several more ban failures in Oklahoma before the year ends. The major cause--inside dealing, and mismanagement. I'm the last person that would ever have the abili- ty to be a banker, but I can see where bank management must be sweating it out these days with the competi- Harrison Street and the Democrats have opened an office at 106 South Cleveland. The public is invited to drop in for in- formation and a free cup of coffee. Enjoyed a ,nice visit with Mr. and Mrs. Hall at the curb today: also with Mike Morris. Both are very nice people and you will not believe this, but neither mentioned politics during the con- versation. Sometimes it is good strategy to han- dle it that way. Actions by the Gover- nor's Citizen Commission to find ways to improve tion for the selling and buying of money. That spread between interest paid and interest earned is awful thin, and it doesn't take much of a slipup to fall on that kind of ice. x x If you are looking for a safe bank, I would sug- gest The First National Bank in Selling, Okla- homa. It has a $37 million dollar statement, with barely $3 million in loans, $15 million in deposits, and a remark- ably high ratio of Capital Equity, especially in un- divided profits and reserves. The report shows they usually main- tain from $1.5 to $2 million in cash on hand (in a town of 1000 population). The bank is owned by descendants of W. L. Pittman. Mr. Pittman was a greatly respected school teacher, rancher- farmer, and banker in Western Oklahoma. He lived to be a hundred years old and was alert and active at the time of his death. His family, W. H. and Kitty Pittman, and their sons and families now own and operate the institution. They are truly fine people and have carried out the traditions of the elder Pittman, who believed that bank management owed it to the public (depositors) to exceed safe banking measures. He prided himself on the structure and security of his bank. If I remember right, he came into ownership of the Firstt National following the failure of a Selling bank, and he was determined that the institution would never be in a weak position again, and it never has. I can remem- ber only one"~erious business failure there, and that was the new grain elevator and the bank ended up discoun- ting some of the paper on that. It represented a considerable loss to the bank, and left a blemish on a long, safe banking record, and I always ad- mired the way Bill just went on about his busi- ness. That massive grain facility is part of a thriv- ing agriculture economy in that community to- day, and the people have Bill Pittman to thank for by a vote of the people. Oklahoma counties were to be consolidated as well as some cities, and with the approval of Governor David Hall, the state of Oklahoma was divided into eleven districts. The people of Oklahoma were not ready to give up their rights of freedom of choice and the program was delayed• The Gover- nor's Commission for Reform in State Govern- ment is in trouble if they insist on many of the measures recommended in the program. The peo- ple of Oklahoma are not ready at this time for such changes, and will make a stormy road for the commission. The Pen Cushings, a writers' group in the Cimarron Valley met in their regular monthly meeting and we chose the meet over the Bush- Ferrar~ Debate because the writers are more in- teresting and their refreshments are much better. The debates do not seem to have the in- terest of the voters, and locally, no notice of changing minds on the way they expect to vote. SENIOR CITIZENS NEWS By Mildred Cash Forty-one people at- tended the pot-luck din- ner last Wednesday. The quilters finished the Lone Star quilt for Mrs. Viva Carothers of Ripley. They have a quilt in the frames now of the fifty states, with each state's flower, bird, and the date they were admit- ted into the Union. Tuesday, October 23rd, the Beltone Consul- rant will be at the Center from 9-12 noon. Birthday dinner is this Friday, October 19th. The next pot-luck din- ner will be Wednesday, October 24th. Plans are being made for a party Halloween night, October 31st. It will be a masquerade par- ty for those who wish to wear costumes, masks, and etc. Claude and I attended the 24th annual, 14th Seabee Reunion at Hot Springs, Arkansas over the weekend. The foliage was beautiful on the trip going down there and coming home• We went on 40 highway down there and on 270 coming home. We hadn't been to the reunion for a number of years so several of the people we knew aren't alive or were unable to attend. Plans are already being made for the 25th Reunion to be held in San Antonio, Texas next year• The Dec Dobsons at- tended a business meeting in Cheyenne, Oklahoma, last Thursday and visited relatives there. Jim Rylant had the misfortune of falling Sun- that. Many were not aware of his loss in the reorganization of the stockholders. You bankers might be interested in looking up this bank in your direc- tory. I think the Bankers Association should some- how recognize the Seiling institution as probably one of the strongest, safest banks in the state. If it ever fails, better build an ark! -O- such things happen and only time will tell. The month of October has been a prolific month for meets and banquets, and I have gained a pound or two in the process. We are looking for- ward to a visit by the three daughters of Mary Frances, from California. They are bringing the first grandson, Jake, along and we look for- ward to seeing him for the first time. He is the son of Carol Ann, and his pictures are great. It will be the second time for Mary Frances, as she visited in California at his birth• I have been trying to watch the third game of the World Series while writing, and its like chop- ping cotton while wat- ching a plane in the sky. That's why I appreciate so much the Journal's typesetters who are so ef- ficient in catching my er- rors. Hope all of you have a good week, and may the wind be to your back. Arrivederci, T. C. "Dec" Banner Mr. Bavenger has two sick horses. Deputy Sheriff Cooper, arrested J. D. Cooper, (colored), as a "slacker" on the street at • Stillwater, Tuesday. Cooper, the slacker, was attending court on another charge of "gun- play" when arrested for slacking• FLOUR - $2.75 a sack - at T. J. Wilsons. Last Monday evening several cars loaded with members and guests of the M.E. Aid Society, gathered at the country home of Mr. and Mrs. N. O. Thoroughmafi. Miss Mabel Rat]iff is spending a few weeks Birdwell on Friday after- noon at 2:00, for the regular monthly club meeting. There were 11 members and 6 visitors present• Perkins lost their foot- ball game Friday night by a score of 25-7 to Yale. Dr. J. A. Turner, Den- tist, was in Perkins last week making ar- rangements to locate here. He has been prac- ticing dentistry in Oklahoma since 1910. George Denning sold his car to Nole Galloway last week. Mr. and Mrs. Harley Davidson announce the arrival of 6V~ pound girl Sunday. day and breaking his hip. He is expected to be able to walk with his walker after surgery. We wish him a speedy recovery. Someone brought a lot of Porter tomatoes to the Center Monday, but we haven't found out who it was. Anyway, we thank you. Several took some home Monday afternoon and the rest will disap- pear Monday night. Don and Ted Prickett and their three sisters brought a big cake to the Center Monday night to honor their mother's bir- 3O (From the nal, Oct. 21, years ago.) Mr. and Hall golden by having children children with Doris is the School trance contest. Mrs. man and shall were for when their called awards, Miss crowned of 1954 Friday night. Ed Kuelzer dent council t/ ICK AN I -nR p OF 2 5 [ AC4 f (From nal, October years agoJ Miss Carol daughter Bob was crowned Football Queen in ceremonies • " o o ,'. Tt~e are seven cMferencos I~ the second pk:turo. Can you spot tfu~m 7 ACROSS 39. Beh~ve, . Flying toys prefix Po rx:.~ge 40. Smell • 42. Comparative thday. She is Mrs. JessieI I. Perfect Taylor. There also was a 12.Cut in two ~" ending 13. Yes (Sp.) ,~cuses large bunch of grand- 14. Competitors 461 Perform children and great- 16. Exclamotian grandchildren to help 17. In like 47. Fast 49. Makes mQnner 18. Spouse an~,~s .~. Mineral rock 51. Horse's g~it • Scottish cap 52. Deceive 23. Negotive DOWN celebrate the occasion. We had close to a hun- dred folks out for music night. Hostesses for the evening were Opal Redus and Rena Burton. 4)- RURAL FIREMEN BUY "NEW" PUMPER COLLINSVILLE -- The rural fire department has purchased a "new" used American LaFrance pumper. It has 3000 miles on it. Rural firemen have been contributing $5 from their checks for a long time to make the purchase possible. The local department has six trucks and a new build- ing. Membership in the rural fire department is $50 a year, and non- members pay $500 per fire run. - I I The P, HAPPY, YET LONGING Opal Kautz Putman I long to go to Heaven with its joys galore with Jesus, friends, and loved ones To live forever more. As years go by our loved ones No longer we have them to love We are left sad and lonely Until we meet them again in Heaven above. We live the greatest joy we can find on earth But without our loved ones To share life with us What's life worth? E verything will be perfect When we all get together again No pain sorrow nothing to mar the day And no cold weather. word I. Embrace 24. State 2. Imbecile 25. Evil 3. Note of scale 27. Pleasant 4. /~udcle 29. Slanted type 5. Slender 32. Woodland 6. Measure of plant tlistance 34. Tall spar 7. Beast of 35. Atop burden 37. Stair 8. Compass paint ball game Mr. and Eaton will house in 1 day, 50th weddit versary. Elmo ] is more that one birth to same day tom prices. Rev. John native of been First of North director of education. Ie- l- ~q Somtlon 1~ Frighten Atmosphere 12. Wand 15. Large trumk ;9. Ot n 21. Humiliate 22. Beer ingredient 24. High cards Prefix, two 29~ Reveal 30. Vialent mt~c 33. Required 36. A wonderer 38. Commen- ploce talk 44. Small 48. Italian river 50. Greek letter LETTER TO THE EDITOR Sand Springs, Oklahoma October 8, 1984 Dear Mr. Evans, Former Vice President Walter Mondale con- tinuously harps about the big deficit, which he blames on President Reagan. Yet in his debate with President Reagan, Mondale mentioned spending programs he would start with money from his planned tax in. creases. He made no mention whatsoever o~ spending any of the ht- creased taxes on the deficit. Evidently with Men- dale we would have an ever increasing deficit, and higher taxes too. Alice Hess Snails csn retire into their shells snd sleep for long periods. This ensbie, them to survivs in dry weather. 2O (From the nai, Oct. 15, years ago.) A burglar broke into Dr. R. K. Perkins sometime noon in an tempt to Possible against the Animal iscussed the the Chamber of Airman ton, son of Fred A. Perkins, has the first force basic ing at Texas. The ing club met 6th in the Coat wen ing year. 10 Years {From the nal, Oct. 17, years ago.) The Club annual Friday, 5:00 to 7:30 P" high school month ahead on the area's newest Dental recently new officsS Wicklow Center in of Perkins Maude returned two-month son in : 4)"