Image provided by: University of Oregon Libraries; Eugene, OR
About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (July 24, 1907)
the aidnxixG oregoxiax. "vedxesdat, jult- 4. ioot 17 I to mfincr EASE Southern Pacific May Declare Over 5 Per Cent. KEEP THEIR OWN COUNSEL Stock Brokers In' Dark and Look Upon Move With Suspicion, Especially as Vnlon Pacific Hangs Back. NEW YORK. July 13. There' developed In th stock market today a mild opposition, to declining; tendency, which seemed satis fled to arrest that tendency without mak ing any attempt to push prices upward. The. result "was a dull market which approached stagnation at times. The only active trad ing was in half a dozen stocks, and the. prices of these vibrated within a narrow . range. The day's news concerned the dividend to be declared by Southern Pacific neit month. The large earnings for tha last year dis closed tiy the official estimates given out lat week gave the basis for the rumors that the rate would be raised from the present 5 per cent. No autlsVrltatlve infor mation was forthcoming from any source. The manner In which Union Pacific has bung back since the new movement in Southern Pacific started, aroused suspicion, as Union Pacific would be the largest bene ficiary of any Increase In the Southern Pa cific dividend. The strength shown by Atchison was at tributed to the expectation that the annual report to be published Thursday will show earnings very lurgely In excess of the present disbursement dividends. ' There was a conviction also of the sharp weakness of the United States Steel, which was a ma- the opening decline today. Buyers of this stock professed confidence that the strike of Iron miners In the Take Superior re gion would be bound to benefit the corpo ration. Money developments 'are unimportant, rates on 'call continuing easy. Bonds were irregular. Total sales, par value, $810,000. 1'nited States 2s regular advanced 2 per cent on call. CLOSING STOCK QUOTATIONS. Closing Sales. High. Low. Bid. A'lams' Express ISO Amal. Copper 22,9(10 8121 Bl 81T Am. Car & Foun. M 43a 43V4 431 do preferred Mol Am. Cotton Oil... 800 S2 82, as do preferred .... && American Express 210 Am. Hd. & Lt.. pf. 100 18H 18 19 American Ice 69t Am. Linseed Oil... 100 10 lO U$ do preferred . . 100 3 23 22 Am. Locomotive .. 3,100 60 do preferred 104 'ti Am. Smelt. & Ref. 9.100 1714 116 117 do preferred .... WO llld 10S K'3',4 Am. SuKar Ref... 400 123 122 122 Am. Tobacco ctf. 65 -Anaconda Mln. Co. 3.3O0' r.714 B7 67 Atclileon 21.400 64;, 9314 03 do preferred 94 At. Coast Line 87 Bait. & Ohio 2.100 B$M 07H 9S do preferred 66 Urook. Rap. Trail. SOO 5B4 !W fi4 Canadian Pacific, l.tioo 177Vi 17Vj 176rl Central of N. J... 1:0 175 175 175' t'hes. &. Ohio 000 35 35 85 Chi. Gt. Western.. 100 11 114 11H Chicago & N. w.. r.oo i5i l.io'Z lsoii C, M. As St. P... 8,900 134 133 134 Chi. Tor. & Tran ..... 5 do preferred ..... 15 C, C. & St. 1, 6SM Colo. Fuel Ac Iron 814 Colo. & Southern.. 900 25 25 25 do iHt preferred 139 do 2d. preferred.. 800 45 44 , 45 Consolidated Gas 116 Corn Products do preferred 72 Del. & Hudson 171 iJel.. Lack. & Wea 465 I. si R. Grande.. 4O0 28 28 27 do preferred . 70 Distillers' Securl.. 1.000 B5 n 65 Erie 2.200 26 24 24 do 1st preferred 68 do 2d preferred.. 41 General 'Electric... 200 138 139 138 Illinois Central 142 Int. Paper 14 do preferred . 71 Int. Pump 24 do preferred 70 Iowa Central ..... 800 17 17 17 do preferred .... 200 89 38 38 K. C. Southern... 200 274 27 27 do preferred 67 Louie. 4 Nash.... 200 114 114 114 Minn. & St. L. . . . 400 41 41 41 I..St.P. & S.S. M. 100 107 107 107 do preferred 135 Missouri Pacific 7534 Mo.. Kan. & Texas 1,400 35 35 35 do preferred $r National Lead fio Mex. Nat. Ry, pf J0 N. Y. Central 2W 113 113 113 N Y.. Ont. Wea. mo 3 8 36 Norfolk & West... 700 76 75 75 do preferred 15 North American 6S Pacific Mail 200 31 SO 29 Pennsylvania 3.20 123 123 123'i People's Gas 200 81 91 1 P., C C. & St. L ..... 70 Pressed Steel Car. 300 S5T4 35 35 do preferred 80 Pullman Pal. Car 1B0 Reading 45.200 105 103 104 do Ipt preferred SO do 2d preferred 78 Hepuhlic Steel ... ...... .- 27 do preferred I 83 Rock Island Co... 6.70O 22 21 21 do preferred 46 Ttuhber Goods pf. . . .too 3S 38 38 St.L. & S. P. 2 pf. 300 38 38 38 St. L. Southwes... 800 21 20 20 do preferred 61 Southern Pacific... 69,500 86 84 a"j"4 do preferred 300 112 112 111 Southern Railway 10 do preferred flfl Tnn. Coal & Iron 144 Texas & Pacific 30 Tol .St. U & Wes 26 do preferred poo 40 49 40 Union Pacific 78.800 144 143 144 ' do preferred 83 TJ. S. Kx press 105 V. S. Realty 52 U. S. Rubber 200 35 35U 35 do preferred .... 40ft pR 97 07.' U. S. Steel 41.DOO 36 35 36 do preferred .... 1.700 100 !)" 100 va.-Caro. Chem... 100 26 26 26' do preferred 101 Wabash 200 13 13 13 do preferred 300 25 25 5V4 Wells-Kargo .Fx . 2ro Wert inghouse Kiec '. 145 'extern Union ..." 200 19 79 79 Wheel. & L. Erie ..... 10 Wisconsin Central 37' do preferred 40 Central Leather 1 23 de. preferred . loo 91 91 91 ' Northern Pacific... 13.ROO 136Ti 135 V. 136 Gt Northern pf. .. 7.POO 1.16 136 " 136 Int. Metal 3iv0 15 15 15 lo preferred .... 200 43 ' 43 43 Bios. Sheffield ' V0 H7 .'.7 67 Total sales for the da v. 375.400 aliares. BONDS. NEW YORK, July 23. Closing quotations: V. P. ref. 2s reg.102 North. Pac. 3s... 71 do coupon. ... 102 I North. Pac. 4s... 90 U. S. 3s reg 105south. Fac.jj4s... 87 do coupon. .. .105 -Union Pac 4a... 99 I" new 4s reg.127V.IWls. Cent. 4s R1 do coupon. .. .128 'Japanese 4s... 80 Atchison Hdj 4s. 88 do 2ds 6s 99 D. &. R. G. 4s.. 931N. Y. C. G. 3 90 Stocks at Ixindon. LONDON. .July 23. Consols for mo'ney, S3 11-16; do for account, 83 11-16. Anaconda 11 IN. Y. Central 117 Atchison .'.! Norfolk - West. 78 do preferred.. PC, 1 do preferred.. 89 Halt. & Ohio. . . loOiOntario & West. 37 Canadian Pac . ..180 Pennsylvania ... 63 Ches. Ohio... 3H Rand Mines 3 Chi. Gt. West... lliReadlng 53 C'h!.. M. & St. P.13K (Southern Ry 20 De Beers 23 do preferred.. 111. D. & R. G 29 Southern Pac 87 do preferred.. 71) Union Pac 147 Erin 25' do preferred.. 89 do 1st prer... 62 If. S. Steel 37 I do 2d pref ... 4:1 I do preferred. .102 Grand Trunk... 28) Wabash 14 Illinois Central. 148 f do preferred.. 26 Louis. Nash . 120 iSpaniah 4a 9a Mo.. Kan. & T. . 3 1 ! Vnlted 8tate "Treasury Htatenient. WASHINGTON. July 23. Today's statement of the treasury balances rhows: Available cash balance, J244.701,2i4. Gold coiryand bullion, $67. 607,664. Gold certificates., $79,997, 1H). Eastern Mining Stock. BOSTON. Inly 23. Closing quotations: Adventure ..f 2 50 Mont. C. & C. 287 Allouea ..... 4V3.u0 Q Duminioo. 43.75 Amalryamatd 'Atlantic Bingham . . . Cal. & Hecla. centennial .. Cop. Range.. Daly West. .. Franklin ... Grailbv Isle Royalc.. Mass. Mining Michigan ... Mohawk .... North Butte Butte Coal it. o on 15.00 805.00 29.30 80.25 1.1.50 14.25 120 O0 lO.Ot) 5.50 14.00 82.00 82.00 25.25 lOsceola 127.00 Parrot in.00 IQuincy 117.00 IShannon .... 17.2s ITamarack .. I05.0O ITrinity 22.50 K'nited Cop... K4.00 11:. S. Mining 48.73 ,V. S. Oil ll.no lUtah 46.23 j Winona 7.50 Wolverine ...16:;.l0 leal. & Ariz.. 167.00 Ariz. Coml.. 24.25 Nevada .... 13.23 N12W YORK, July 23. Closing quotations: Adams Con 9 Little Chief 0 Alice 400 Ontario 500 Breece 20 lOphlr ISO v Brunswick Con.. 50 iPotosl 14 Comstock Tun... 26 Savage 62 Con. Cal. & Va.. 64 (Sierra Nevada... 30 Horn Silver 143 Small Hopes 23 Iron Silver 225 (Standard 130 Leadvllte Con... 9 Money Rotes in San Francisco. SAN FRANCISCO. July 23. Sterling on London, 60 days. ?4.84. Sterling on Lon don, sight. $4.87. Silver bar3, 68. Mexican dollars, 52c. Drafts, sight, 7c; drafts, telegraph, 10 c. QUOTATIONS AT SAN FRANCISCO. Fricea Paid for Products In the Bay City Markets. SAN FRANCISCO, July 23. The following prices were quoted in the produce market today : FRUIT Apples, choice, $1.50; do common. $1: bananas, J1.103: Mexican limes, J4SJ5; California lemons, choice. $3: do common, fl.nn; oranges, navels, (2 S0'94; pineapples, $1.604. VEGETABLES Cucumbers. 6Beoc; gar lic. 34'4c: green peas. 23c; string beans, 4Se: asparagus, 4llc; tomatoes, 60c $1: egg plant, $1,506)1.78. POULTRY Roosters. old. J47.S0: do voungr, $89; broilers, small, $2.50g8: do large, $3'(i4: fryers, $435; hens, $47.50; ducks, old, J3.6O04.5O; do young, 48. BUTTER Fancy creamery, 26 o; cream ery seconds, 24c; fancy dairy. 23c; dairy seconds. 23c; pickled. 22(&23c. EGGS, Store, 192ac; fancy ranch 23 c. CHEESE Young America. 15c. WOOL Spring, Hmbold and Mendocino, 2324c; Nevada, 1318c; Eastern Ore gon, 215"24c; South Plains and San Joa quin, 13 16c. HOPS 1906 crop, 67e; new. 10llc. RECEIPTS Flour, 7264 quarter sacks; wheat, 1804 centals; barley. 4990 centals; beans, 238 sacks; potatoes, 2390 sacks; bran, 10 sacks; middlings, 2S5 sacks; hay, 656 tons; wool, 68 bales; hides, 6S0. ' WOOI, SEASON ENDS EARLY, Demand in Boston for Fine Grades, Which Are Scarce. BOSTON. July 23. Trading in the woo! market is less active than last week, many dealers having withdrawn, while buyers are mere disposed to hold off until supplies are larger and the general altuation is more clearly defined. Most of the prominent influences at pres ent are of a strengthening character, and the demands seem to be running more than ever in fine wools, which are not over plentiful. The season will go on rec ord as one of the shortest in history. The market ftrr foreign wool is dull. Quo tations in Western wools follow: California Northern. 68g70c: middle county, 6566c; Southern, 6263c; Fall free, 57a58c e Oregon Eastern No. 1. staple, 72 73c; Eastern No. 1 clothing, 7072c: Eastern av erage, 6870c; Valley No. 1. 6062c. Territory Scoured basis, fine staples. 72 73c: fine medium staple, 6870c; fine clothing, 68 70c; fine medium clothing, 66ft 6Sc. . Pulled wool- Extra, 6S72c: fine A. M 62c: supers. 6338c; B supers, 4447c; C supers, 3035c. ST. LOUIS. July 23 Woo!, Steady. Me dium glades, combing and clothing, 25 26c; light fine, 2223c; heavy fine, 1719c; tub washed, 29 36c. PRUNES FIRM IN THE EAST. Range of 4 Cents for Oregon According to Sizes. NEW YORK, July 23. The market for evap orated apples la steady on spot, although sup plies for future shipments are eaid to be barely steady. Fancy are quoted at 8c, choice 8c, prime 7Sc, poor to fair 07c. Prunes are firm, with quotations ranging from 4c to 12c for California fruit and from 6c to 9c for Oregon up to 30s to 40. Apricots are unchanged, with choice quoted at 21c. extra choice 22c, fancy. 2223c. Peaches are more or less nominal in the absence of important transactions, with choice quoted at 12c. extra choice 1213c, lancy UWtl3c and extra fancy 14iasl4c. - Raisina are unchanged, with loose Muscatel quoted at 810c, seeded raisins 713o and London layers tl.751.8S. Metals at Home and Abroad. NEW YORK, July 23. The London tin market was 10s higher, with spot quoted at 184 and futures at 1S1 10s. Locally the market was dull, with spot quoted at 413 41.25c. Copper was easier in the English mar ket, with spot 1 lower at 93 10s, and futures 10s lower at 87 6s. . Locally the market was dull and nominal, with lake quoted at 2122c: electrolytic, 20.30 21c. and casting, SOta1 20.25c. Lead was unchanged at 5.1545.25 In the local market and at 20 lis in London. Spelter was unchanged at 23 17s in London and weak at 6.60 lo cally. Iron was higher In the English market. Locally the market was unchanged. t'ofte Weakens in East, NEW YORK, July 23. Coffee futures closed steady at a net decline of 510 polnu. ajes were reported of 82.000 bags. Including July at $5.75'H.80; September. J5.7iwS'5.75: Decem ber. 5.75; March, $5.8505.90; May, $5.80; June, $5.00. Spot coffee quiet; Rio No. 7, 7c: Santos No. 4, 7c. Mild coffee dull. Cordova, 9 12c. ' New York Dairy Products. NEW YORK. July 23. On the Produce Exchange today the butter market was weak. Creameries. 2123c: dairies, 18 3'22c. Eggs firm; at mark cases in cluded, 13i014c; firsts, 14c; prime firsts, 16c. Cheese steady, 12(pl3c. Cotton Futures Advance. NEW YORK. July 23. Cotton futures closed steady at a net advance of 12 points. Crude Oil Price. OIL CITY, Fa.. July 23. Credit balances, $1.5S. BRIBE POLICE TO PLAY Chief Sheets, of Salt Lake, Arrested on Serious Charge. SALT LAKE, Utah, July 23. Chief of Police George A. Sheets appeared in Jus tice Bishop's court toduy to answer to the charge of accepting a bribe o $1800 from a band of crooks to allow them to work their card and other swindling games in Salt Lake City unmolested. The complaint was sworn out by Deputy Sheriff J. c. Sharp. This is the third time Sheets has been haled into court on similar charges, all of which grew out of the fleecing of the McWhirter brothers of $10,000 by a gang of swindlers in a poker game in the Antler rooming house in this city last September. The case was continued until next Tuesday morning because of the absence of one of Sheets" counsel. Sheets is under $500 bail. Puyallup Man Accused of Assault! PUTALLUP, Wash, July 23. J. Ris ing, a prosperous rancher, a newcomer to thi valley, and father of three children, was arrested, charged by his adopted daughter, aged 15, with. crim inal assault. Rising- was In jail last night, but was released on $2000 cash ball furnished by himself. Rising will have a hearing Thursday. Settlers Slay Keep Coal. VICTORIA, B. C. July 23. A Ions legal battle was brought to a close yesterday when the Privy Council of London decided that settlers in the Esquimau & Nanaimo Railway land belt are entitled to all coal found 'on their property. The matter has been in litigation for OUT NUMBER THREE Home. Phone Directory Containing 5000 Subscribers Delivery Now Ready Learn to use the Automatic properly. It will not make any mis takes if you "call up" correctly. The more you use it, the better it operates. ' - USE IT NOW The Home Telephone Plant is now on a substantial patying basis. No better time than now to buy Home Telephone Securities. Portland Home Stock Around $45 Portland Home Bonds Around $85 APIPK" f TT The man who buys on any reaction will pocket i Vffv"V-T large returns. Many large blocks of these Home Bonds have been purchased in the last 30 days by insiders. The pru dent and successful investor invariably buys when conditions are such as to cause a weak market and timid investors to sell out. "The American People Want to be Humbugged" Said P. T. Barnum about 30 years ago. That was about the time I started in business. My father said that kind of a racket might go in the circus business, but not in the bond business. He told me that Abe Lincoln's "You can't fool all the people all the time," was the proper way to look at things in business. I founded my business on sound, upright principles, and it has stood on a foundation of fair and equitable treatment of patrons, su perior quality at lowest prices, Golden Rule methods and the whole truth all the time. There are some people who believe as Barnum did 30 years ago. I don't. "We describe our goods exactly as they are and put the price down to the lowest possible mark. But that isn't all. We give you dependable quality and. treat you right and I give you my personal assurance of a square deal. LOUIS J. WILDE "Home Bonds' Portland, Oregon THE United States Rational Bank OF PORTLAND J. C. Ainsworth, President. R. "W. Schmeer, Cashier. R. Lea Barnes, Vice-President. A. M. Wright, Asst. Cashier,. W. A. Holt, Assistant Cashier. FOREIGN DRAFTS The United States National Bank of Portland issues Foreign Drafts on all cities of the United States and Europe, Hongkong and Manila, payable in the currency of the country on which they are drawn. Capital - :. $ 500,000 Surplus and Profits 375,000 Total Resources Over .'. 9,000,000 Portland, Oregon Third and Oak Streets several years, and the Provincial Gov ernment took up the fight on behalf of the settlers. In the first instance a ruling1 was given In favor of the set tlers by Justice Martin, but on an ap peal to the full court was reversed. The Privy Council, however, upheld the ruling of Justice Martin. FEMALE RAFFLES FOUND Mrs. NeMie Hantz, of Chicago, Ar- rested With Much Plunder. i CHICAGO, July 23. A mild-mannered, neatly gowned woman, said by the police to be a burglar, was arrested yesterday and plunder worth $3000 was found in the apartments where she lived with her husband, a clerk in a . downtown drug store, and their thre-year-old daughter. The woman Is accused of more than a score of burglaries on the North Side in the last month. She is Mrs. Nellie Hantz. 40 years old. She was captured as- she was .leaving a fiat in Center street. In a satchel which she carried were found a half-dozen gold watches, diamond rings and other jew elry. Nearly B0 skeleton keys were also in the satchel. In her room the police recovered jew elry, silverware, clothing and household poods in profusion, most of which was identified by residents in the neighbor hood. Her husband denied that he knew anything of his wife's crimes. He was held, however, as an accessory. "I committed the robberies to get money to keep my aged mother for the rest of her life," was the woman's sob bing explanation. Trouble Over Sawmill Flume. . OREGON CITY, Or., July 23. (Spe cial.) C. Ia. Fox and W. G. Mas teron, - who -owns two sawmillB on Deer Creek and Taylor Creek, have applied to the courts for an injunc tion restraining- the Walker Creek Klume Company from interfering with a flume running from Deer Creek to a point near a sawmill owned by the plaintiffs on Walker Creek. Fox and Masterson leased the flume and agreed to pay one cent for every tie sent through the flume, and they allege that July 12, 1907, M. C. Pulley and L. C. Lowe, stockholders of the de fendant company, disconnected the Hume. Crew Barn in Their Cab. MINNEAPOLIS, July 23. S. L. Ser foss, engineer, and A, H. Parker, fire man, 'were burned to death in their cab today as the result of a collision on the Minneapolis Western, a transfer road. A switchingengine backed into their engine, wrecking It and pinning the men under the debris, which took fire. , , Want to Use Sulphur. SAN FRANCISCO, July 23. All the fruit packers of Cal'fornia and many fruit growers who have Tormed the Fruit Pro tective Association of California are mak ing strong efforts to have the clause limit ing the quantity of Bulphur used in dry ing fruit rescinded, for the present season, at least, or until the matter can be thor oughly investigated by the Government. The Government has sent Dr. Gould, a chemist of the Pure-Food Department, who is making Investigations in the northern .part of California, and there is hope that the Government will take such action until the matter is finally determined. QUOTATIONS FURNISHED BY Roberts & Co. . 313 Washington St. BONDS Bid. Ask. American Biscuit 100 Oregon Water Power 102 Omiha Independent Telephone 80 Pacific Coawt Biscuit 100 I'ortlanfl General Electric 300 Portland Railway 99 Portland Home Telephone 85 Spokane Home Telephone 80 Tacoma Home Telephone SO BANK STOCKS Bank of California 315 33 Bankers' & Lumbermen's 110 Merchants' National Oregon Trust & Savings 160 Portland Trust Co. of Oregon I'nited States National 200 German-American 130 INDUSTRIAL Alaska Packers' Ass'n 45 47 Associated Oil Co 274 Omaha Independent Tel 60 Pacific Tel. & Tel. (pfd.) 85 Pacific Tel. & Tel. (com.) 15 Portland Home Telephone.... 424 Spokane Home Telephone 40 Tacoma Home Telephone 40 MISCELLANiXiUS Alrceda Consolidated 26 Alaska Petroleum & Coal 10 Canadian Marconi Wireless... ..... 1.15 American Telegraphone 11.00 Leffler Electric System 4.00 United Wireless Telegraph 6.00 TEE STOCK 6 BOND EXCHANGE Public Invited. Correspondence Solicited : VICTOR MANGANESE STEEL HANK SAFE. NEVER BURGLARIZED GLASS & PRUDH0MME CO., AGTS., PORTLAND ORE, PARTIAL LIST OF IOWA BANKERS, INVESTORS IN INDEPENDENT TELEPHONE SECURITIES ( C. A. fierson, R. L. Arnold, "W. O. Shipley, Henry Wirth, A. T. Averill, J. F. Hardin, H. Rogers, C. . Butterfield, 0. D. Taylor, - H. J. Howe, D. P. Hogan, , T. G. Ainley, E. Webbles, ' J. E, Clayton, J. R. Harris, C. H. Beckett, A. B. Martin, J. H. Benson, Leroy Ware, F. G. Sherman, C. E. Lawrence, Chas. Goodenow, G. H. Hughes, G. H. Jameson, 0. H. Stilson, W. H. Brenton, M. E. Griswold, J,' M. Rider, G. E. Liehty, A. N. Odenheimer, S. J. Winne, -Geo. D. McElroy, "W. R. Jameson, H. C. Dye, S. Wertheim, H. E. Teachout, M. M. Head, S. B. Lattner, Cotterall, . A. Dixon, John Boyden, T. O. Housen, T. 0. Housen, L. J. Clave, R. R. Smith, J. H. Bradt, R. R. Smith, ' T. K. Peterson, Thomas A. Way, F. A. Loovey, John Anderson, G. J. Guyer, C. L. Bright, R. B. Ballard, Chas. F. Nipp, M. M. Head, , A. B. Phelps, L. A. Howe, C. M. Goodyear, M. B. Nelson, August Lundell, President, Saving Banlp of Alton, Cashier, ' State Savings Bank, President, Bank of Buckeye, , Cashier, Battle Creek Savings Bank, President, Cedar Rapids National Bank, President, Citizens Bank, Cashier, First National Bank, Cashier, Farmers National Bank, Vice-President, Citizens State Bank, Cashier, Fidelity Savings Bank, Cashier, Farmers Savings Bank, Cashier, (Citizens Bank, Cashier, . Mecbanicsville Savings Bank, Cashier, Bank of Milo, Cashier, Bank of Northboro, Vice-President, Worth County State Bank, President,. Onawa State Bank, Cashier, Bank of Pierson, Cashier, ' Farmers and Drovers State Bank, Cashier, . Bank 'of Sully, Cashier, Citizens Bank, - Cashier, Bank of Wall Lake, Cashier, Williamsburg Savings Bank, Cashier, Farmers Exchange Bank, President, First State Bank, President,' Bank of Dallas Center, Vice-President, Bank of Mauson, Cashier, Wilton Savings Bank, Director, , Commercial National Bank, Director, Citizens State Bank, Director, Humboldt State Bank, Cashier, Farmers National Bank, President, Farmers .Exchange State Bank, , Cashier, State Bank of Tabor, Vice-President, Citizens National Bank, President, Citizens Exchange Bank, President, Farmers and Merchants Bank, President, Wortbington Savings Bank, President, Cotterall Bank, President, First National Bank, President, Bradgate State Savings Bank, Cashier, State Bank of Bode, Vice-President, Farmers Savings Bank, Cashier, Farmers Savings Bank, President, State Bank of Renwick, Vice-President, First National Bank, Vice-President, State Bank of Hardy, Cashier, Badger Saving Bank, President, Commercial Bank, Vice-President, Dedham Savings Bank, President, Madrid State Bank, Cashier, First National Bank, Cashier, Jesup State Bank, Cashier, State Bank f Radcliffe. Cashier, Mills County German Bank, Cashier, Greene County State Bank, President, Bank of Kingsley, President, Waukon State Bank, President, Hampton State Bank, Cashier, ' Arion State Bank, Vice-President, Boyer Valley Banking Co. If good for these banks and these people your banks and your people. Alton. Barter. Buckeye. Battle Creek. -: Cedar Rapids.; , Eldora. Farragut.- -Hamburg. Lenox. Marshalltown. Masena. .. Maxwell. Mechanicsville. , Milo. , Northboro. . Norhwood. -Onawa. . Pierson. Seymour. . - Sully. Union. Wall Lake. Williamsburg. Dows. Corinth. Dallas Center. Mauson. Wilton,. Waterloo. Eagle Grove. Humboldt. Vinton. Dows... Tabor. Belle Plaine. Benton. Churdan. Worthington. Clarence. Coon Rapids. Bradgate. Bode. Gtteson, Otteson. . Renwick. Rockwell City. Hardy. Badger. Britt, Dedham. Madrid. Buffalo Center. Jesup. u , Radcliffe. ' ! Mineola. Jefferson. ; Kingsley. f Waukon. Hampton. y Arion. Kiron. -then good for Eight years steady advance of lndependent Home Telephone Securities in the State of Iowa has brought most every bank and representative business man in the state such substantial returns that in many cases stock is NOT FOR SALE AT ANY PRICE, but held a permanent investment for its substantial and steady quarterly income. A partial list of country bankers only given today. In a year or so from NOW it will dawn on YOU the greatness of the Automatic Home Telephone its' phenomenal growth its great earningsitf universal satisfaction and its prompt and efficient way of serv:ng the people. - Eighty per cent of the telephone business in this city in eighteen months from now will be done over the Automatic. YOU ARE NOT OFFERED a gilt cer tificate, issued by a bunch of liars, nor an interest in some far-off corporation, capitalized and watered beyond its possible earnings, where sunny skies and glit I tering generalities are boomed by Yellow Journalism to fool the investor, BUT YOU ARE OFFERED TODAY A UNIT MORTGAGE, bearing a legitimate rate of interest, based on the cost of construction, at a figure that will net 6 per cent and as safe as a Government bond. You are also offered the stock, the first and only kind of stock issued by the Home Telephone corporation, at almost original pooling price. These securities are in a Home corporation now in opera tiona public utility based on the wants a.nd necessities of a prosperous com munity, secured for a quarter of a century by a franchise given by your own city; the plant, its equipment, its management and operation UNPER YOUR VERY EYES, where you can watch it grow, use . it and help it prosper. It is backed by over five hundred of your own leading banks and citizens as well as by a hundred banks and business men on the Pacific Coast. The Home Telephone system in the Northwest is a large and great under taking, and requires slow and careful work and a great deal of money, and all of the money realized from the sale of these securities through this office, either of stock or bonds, is being put into extensions, for that reason securities are offered, and NONE OTHER. The plant is here and open for inspection, and the people back of it are above suspicion, and if people with HORSE SENSE will look into the proposition AS IT IS, and use the Automatic Telephone and LEARN TO USE IT PROPERLY, the great possibilities from an investment standpoint, at this stage of the plants during the closing days of construction, will dawn on you as being one of the best investments you can possibly get into, and I advise that you buy all you can get, stock or bonds, in the Home Tele phone plant, at anywhere near present prices, and "Do it now." LOUIS J. WILDE Authorized Representative of Underwriters No. S Lafayette Building Portland, Oregon '