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To Discuss Rise in Stock Grazing Fee Enterprise, Jan. 5.—United States agents of the forest service and stockmen will discuss the matter of raising the fee for grazing on the national forest at a meeting here January 9, the proposed raise to go into effect the first of 1925. The proposed charge has been contemplated for some time, due to the contention of Eastern stock men, that the western stock men have an advantage over them by the reason of cheap range on the national forest. The local understanding of the new change is that a fee of 10 cents per month per head would be charged instead of the 30 cents per season now paid. In parts of the national forest where it is possible to graze such a change would mean a large cost in the fee being paid by them. When the question of feed is considered, it is easy for anyone who has been over the ranges to know that many acres of national forest does not produce much feed, and that many acres are needed for one cow or horse, due to this condition many stockmen feel that they are now paying all the range is really worth, especially during the time when stock are low. Stock Is Increased Kelso, Wash., Jan. 5.—The Ostrander Railway & Timber company, which operates a mill and large logging works at Ostrander, north of Kelso, has increased its capital stock from $100,000 to $800,000. The company has never been capitalized to more than a fraction of the value of its holdings, and it is extending its business by the development of its logging line, in conjunction with the Weyerhaeuser Timber company, into the Coweeman country. E. S. Collins of Portland is the majority stockholder of the company. RECEIVER APPOINTED FOR CONDON NATIONAL BANK Condon, Jan. 5.—J. D. McCully, pioneer merchant and banker of Joseph, and orchardist of Hood River, is now in charge of the affairs of the Condon National bank as receiver. Notice has been given the public that all persons having claims against the bank must present them within three months. It is probable that liquidation will take place as quickly as rapidly as possible though there are rumors of reorganization. Officers to Be Chosen Ridgefield, Wash., Jan. 5.—The Ridgefield, Sara and Vancouver Farmers' Union Telephone company will hold its annual meeting of stockholders, and election of officers and directors, at Ridgefield, probably January 17. The company is a mutual one and not formed for profit and has approximately 250 subscribers and renters. It has been in continuous operation for more than 18 years. Mrs. Charles E. Brice is chief operator and Dorothy Weber, Audrey Layne, Henrietta Krieger and Mary Buker are her assistants. Wenatchee Asks Bonds Wenatchee, Wash., Jan. 5.—Voters of Wenatchee will be asked to pass, February 9, upon a proposed issue of bonds amounting to $69,000, intended to redeem the city's delinquent local improvement district bonds and to pay up the state and county taxes on 101 lots which are in the process of being sold for taxes. These lots are estimated to be worth considerably more than the total bond issue. Bank Deposits Jump Spokane, Wash., Jan. 5.—Spokane bank deposits show an increase of $2,042,932 within the last year, according to statements made today by banking institutions of the city following a call issued by the comptroller of currency for financial standing at the close of business December 31. Data was compiled from 19 banks.
