TITE MORNING OREGONIAX, ilOSDXT, JA3TUXET 28, 1918.
WATER SHIPMENTS
OF FREIGHT
SCENES SNAPPED BY OREGONIAN STAFF PHOTOGRAPHER YESTERDAY AT LAUNCHING OF STEEL
VESSEL WESTGATE. WHOSE DESTRUCTION WAS THREATENED BY ENEMY AGENTS.
Independent Line May Take
Off Steamers if Patronage
Does Not Improve.
MERCHANTS ASKED TO AID
Chamber of Commerce Issues Appeal
to Portland Residents to Cm
bleamer for Shipping Good
wulo Keep Craft on Ran.
"Ship your freight by water" la the
demand which tha Portland Chamber
of Commtru will nuki upon all mer
chant of this city. In an attempt to
retain th steamship line now operat
tog to thia city and to encourage otbara
to enter the field.
W. D. B. Dodson. executive aecretary
f the Chamber, vu spurred Into start
Inc the campaign by a telegram bat
ardar from Thomas Crowley, of San
Krancisco, president of the Independent
Eteamfhip Company, saying. "We will
be compelled to discontinue our steam
era running to Portland If wa cannot
tret better support from the merchants
of Portland. The heavy expenses
curred by reason of dock rents, wages.
te.. make It impossible for us to mee
expenses Incurred in operation
whole.
Art tea Is Prosslaed.
"Cannot you sea your way clear to
lake this matter up with your mer-1 ., in -n r 1 a n
chants with the end In view of obtain- POrtlanU-BUIlt 5teamerS 10 B8
Inc the support necessary for ua to
continue our service T
In response to this message, Mr.
Dodson telegraphed to llr. Crowley as
follows
"In regard to your telegram today.
wa will go tha limit to have thla com
munity give proper support to your
steamship Una. Will take immediate
and vigorous measures for encourage
ment of traffic offering both ways."
"it seema an almost unending com
plaint." said Mr. Dodson. commenting I Smaller Ships Designated by Names
on the declaration made by the presi
dent of tha Independent Steamship
Company yesterday.
"Unless Portland furnishes adequate
traffic, wa will never maintain ateamer
services." he continued. "Wa go after
additional servire. and are confronted
by the prejudices held against the en
trance to the mouth of the river, the
reputation of thla port for furnishing
water traffic, or something ele. Then
when a company entera the field we are
constantly to.d that the amount of
traffic offered a steamer line is all out
of proportion to the business obtained
from porta of similar size elsewhere.
Organisation: Iteesaea Reasedy.
"Thla complaint must end sometime.
I sea no other way for eliminating It
than organising ourselves to furnish
water traffic There should be suffi
cient sentiment here to compel proper
support of fair steamer service. Un
less we can develop such sentiment,
we can never get or hold adequate
water transportation. With us today,
facing so many difficulties. It Is of
tha utmost Importance. In fact, when
a ateamer Una Is given, if It wore of
fered remunerative traffic at once, the
reateat possible incentive would be
had for others to follow In all lines of
service. This alone would be worth
much to os, perhaps obviate tha neces
sity of the community having to em
bark extensively In steamship owner
ship and operation.
"Even though we own our own ves
sels. If they are not able to get good
traffic offering they will not oar and
Ta ia.alo? '.JUP ,0 Vonl"d and which will be given her trial this
L? ti h. .,..i " W,,r "r'C' " h " Govern
able' a!d ttVt r." 'k , "T ,y P.m ' " Westland.
T.u ,d .u,1.n"' mn wU1 Names for tha new merchant marina
r.,h.. ,,.. .. .'I l,ao neat of the Phlpplng Board are select
th" " " ed by Mrs. Wilson, wife of President
tha movement. Wilson. In the case Of the Tillamook
lee af Water l.laee Irg-ed. and tianttam .It waa felt there would
"All tha advantages of a seaport b no "ange. aa the Impression pre-
depend upon using the water Water- v"el ' for '" ullt in thla
compelled rail rates cannot b.' slats names would ba chosen that nave
otherwise. Low commodity ratea for to.do w,'n Oregon.
"t industrial and commercial ex
pansion cannot be had through any
iner agency. Thla Is the one advan
t i Y.ri-r-".w ,. . , - ....
I"!. i-' ! V -".54 1 .. ' . ' : - i,J . ' - -' j
bv ...1 - ; SA
W V 1 .: e- . ; - -""virH "1
i . . . -1 ' ". ! ""Wiv- "i ..V .,:.-v
Pii , t - - - f r
J V : ' 'Ui .7' - :
II ; -"--S i nr ew-3 t-v -'. f
f Ys;r ' - - crt' - -A V ;
. Lt ( V"' - i f -aS -.' 'A4-sfl
s NAMES GIVEN SHIPS
Point Loma and Point Arena.
MANY CHANGES ARE MADE
of Well-Known Headlands and
Larger Vessels In "West"
Class, as Wet Shore, Etc.
Names of two landmarks on tha Cal
ifornia coast, known to every mariner
who has sailed the Pacific shore of the
United states. Point Loma and Point
Arena, have been selected for two 1200
ton steamers the Albina Engine Ma
chine Works has floated, the Point
Loma having launched as the Margit
and then her name was changed to Til
lamook, and the Erllng. second of the
fleet to "go overboard" there. Is to be
the Point Arena.
Then the big ISOO-ton steamers build
ing In South Portland have come In for
new names. The War Ally, tha sixth
carrier the Northwest Steel Company
floated, la to ba the Westchester. 8he
took tha water January 13, and the
same day the Santlam went down thai
ways at the plant of the Columbia
River Shipbuilding Corporation, and
she. too, la to have a new title, despite
the fact that Santlam Is a well-known
Oregon appellation, for her official cog
nomen is W est brook.
Tha War Archer, as the hull has
been known which tha Columbia River
plant launched at noon yesterday. Is
to be christened the Westgata. The
War Sldar. the first completed by tha
Columbia Shipbuilding Corporation. Is
now the Westward Ho. Tha West wind
Is the name of one about completed
at the Willamette Iron Steel Works
A have, the Weata-atr. Riding at Anchor After Her Glide Into the River. The
(iteasaer Palomm la Preparing ta M eve the Xevr bteel vessel to the Dock.
Below, Mrs. W. B. Beebe, Spoaaor t or the Westgate.
HHS.EHRIGH GOMES
Worker for Armenian and Syr
ian Relief Is Here.
At to Point Loma and Point Arena
being Included Lp the list, one explana
tion here Is tSU those ships, being
tage of a seaport, which la lo.t nm... smaller, may be designated under namea
made effective. Natural position, deep
.u.uncn. oocas. an facilities, etc- be
come naught unless water lln.a r.
ttseU. and the water lines will not coma
or stay unless they ara used fairly.'
Willamette Leaves for South.
SHIP SAVED BY GUARD
HOOOCX VESSEL. AT XORTH BE.D
TARGET FOR OCE. DIARY.
of well-known Coast headlands, also
those to follow at the Albina yard
hlch ara to be of 1100 tons, and the
1800-lonnera will ba continued In the
West" class.
Tha first wooden ships for which
names have been received are tha Har
ney and Wallowa, after Oregon coun-
The steamer Willamette ......u. I ties. They are building at the yard of
lumbar and passengers, to San Fran- tDe Supple-Ballln Shipbuilding Corpo-
cisco ana ssn Pedro, left vm.r.i,, ration.
from St. Helens. Tha steamer J. A.
-" leu Astoria fot San Fran.
Cisco early eaterday morning.
I'aclflc Coast Shipping Notes.
COOS BAT. Or, Jan. ST. (Special., The
aarge C. A. Smith, which had been avail
ing favorable miner for three days. aai;.
1 " Sea Francce la lew of iha tus asm
son at 11:1V
The tug '.arl-a lies in the lewer bay
wtia her barg. Johanna Smith, uaable te
ra.e me bar wita a lumW rr. ... c.
r'raKUca
ASTORIA. Or.. Jan. ST. (Special. After
discharging fuel ell In PortlmJ, ,h. ,mnk
teamr J. A. Caaaalor Ssnled touay tr
California.
Taie was the qultat Sunday la shipping
that the Columbia River has tm ta months
and eair two vmmIs crawl eau
."arrring a. earge of lumber from Weat
rvt the atam achooeer Johaa Pealsea
sailed today for San Kraaciaco.
SAV rBANCTSCO. Jan. 37. (Special)
A censorship ea raider etortea ta Lh. aoath
Xaa has been suggested br mastere of
Khoouri In the copra trad, who f.ar that
Ib.ir mea will d.maad snore wages on the
strength of the rlak of capture br Crmia
plratML The raider risk, aecordinug lo ship
captalaa, to alU but the stir that has beea
wiau la the newspapers about posmbie raid
era will be UMt br the men to force ealp
pere after Feb-uary 1 ta pay a bonus sim
ilar te that paid ea the Atlantic aa vessels
eroding tne war sne.
Details of the fire ea board tha Duth
steamer VeeeMyke la.t September, which
raueed fluO.OCO damages to the it I and
earge. were related by Captain Starrer, to
day wh.a his ti.il arrived her. for bunk
ers ea the way trans Batavta ta aa Atlaaue
port.
The schooner Wivium arrived here te
1ay. returning frorn Htl In ballast. Ths
M awaana runs out ef Seattle as a eod
fteber. bot was recently chartered te make
sisj't trip ta the Islands with a earge of
ramb.'W,
W ? first time since tier good name
wae boamtrrh by b-r pre-Germaa. acttvl
fe under charter to Fred Jebeea. whea
she won worM-wlde notoriety as the "mye
tery ahrp" of the ttlndu revolt, until her
em law career waa enHed by the customs
offlclala of Hoqulam. who seised her cargo
ef arms and ammunition, the schooner An
nie Larnea arrived la port this morning
In distress. Northwest gales encountered oa
her trip from Port Allen te A t rla brk
her rudder and strained her rigging. The
wster tsnks ran dry Saturday, so Csptaln
Bersoa ftedded tee ran In here for repairs.
The Dutch steamer Cerloa. here since
KovemKer It. last, ta bunkered and re.ily
to sail for Bat. via on receiving pel mlMloa
rrora Washington, which la eipected early
tomorrow. Coder the embargo act. the Cey
lon waa held until her owners contracted to
trlng a retura cargo ta an American port.
Tides a AsSerta Moaday.
High. Lew.
f -S A. Vt... T S fast S4 A. M S.S feet
1U p, M. .... feet.S JI P. M.. a.1 f sat i
CAMPAIGN TO BE AIDED
Hesse) Gaardssaaa Discovers I a trader
Try tag to Start Fire Bears tk
Hall Shets Mlaa Villain.
NORTH BEND. Or, Jan. IT. fSpa-
claL An attempt ta burn one of the
wooden vessels under construction for
the Emergency Fleet Corporation was
frustrated today at the Krusa dt Banks
shipyard here.
Sergeant Can fie Id. of tha Elks Home
nuard. was on duty at tha tlms and
heard a noisa near one of the ways.
Ha made hla way to tba place and
eama to tha conclusion that some one
was scraping chips and shavings Into
a heap beneath ths vessel, which Is
nearing completion. Aa ha approached
ha called on the Intruder to coma out
Into tha light, but tha man took to
flight.
Sergeant Canfiald fired four shots
from his automatie at tha miscreant,
but failed to hit him. A pile of shav
ings was found on tha ways under the
vessel, proving that an attempt to burn
tha craft had been contemplated, al
though tha authorities do not believe
It would have been possible, owing to
ths damp nature of ths material. No
arrests have yet been made.
Movements of Vessels.
PORTLAND. Jan. IT. Sailed Steamer
Willamette, fer San Francisco and Saa
Pedre; W. F. Herrtn. for Saa Francises.
ASTORIA. Jan. 57. Sailed at midnight,
steamer J. A. Chaneter. for Monterey; ealled
at II A. M, steamer Johaa Fonlsen. (or Saa
Kraaclsce.
PORT SA!f LUIS. Jan. 17. Arrived
Steamer Washtenaw, from Portisnd.
BAN PEDRO. Jan. X. Sailed Steemers
E. H. Meyer sad Santlam. tor Columbia
River.
BAN FRANCISCO. Jan. XT. Arrive
Steamers Klamath, from Columbia River,
Argyll aad Kese City, from Portland.
SEATTLE. Wash.. Jan. ST. Arrived
Barge No. PS. for Saa Francisco, la tow of
tug Wanderer: ateamer Prince Rupert, from
Pnnce Rupert. B. C Sailed Steamer Prince
Rupert, for Pnnce Rupert. B. C
TACOafA. Jan. 7 Arrive Slsaxaor
Quadra, area British Calamala.
Public Meting to Be Addressed at
Auditorium Wednesday Mght
Plans for Drive for Funds
Are Going Ahead.
Much interest attaches to the arrival
in Portland from San Francisco tomor
row of Mrs. R. S. M. Emrlch. chairman
of tha California division of the Amer
ican committee for Armenian and
Syrian relief. Mrs. Emrlch o:j canceled
a number of Important engagements in
California to come to Portland for a
few daya that she may assist in the
preliminary campaign for the 175,000
drive which opens in this city otie week
from today. '
Mrs. Emrlch lived for 11 years in
Mardin. Turkey, and knows the country
and the peoplo thoroughly. She re
turned to thia country after the war
broke out. coming through Mesopota
mia and Syria. Her addresses are said
to ba replete with personal experiences
and observations of the horrible suffer
ings of ths outraged people of that
country at tha hands of the Prussian
Influenced Turks.
She Is a graduate of Pratt Institute
and was engaged In teaching for four
years in New York City, where she or
ganised extensive classes in lace-making
among Armenian women.
Mrs. Emrlch will address a public
meeting, at tha Municipal Auditorium
Wedneaday night at I o'clock, and It In
axpected that thousands of people will
take advantage of this opportunity to
Inform themselves on the conditions ex
isting In certain sections of Asia, and of
the atrocities committed on the thou
sands of women and children and the
wholesale slaughter of the men.
Plana for the Portland campaign are
going ahead satisfactorily. The prepa
ration of ths lists and the filling out
of the cards Is well In hand, the ar
rangement of the cards being in the
hands of Mrs. Sadie Orr Dunbar, who,
through successful Red Cross seal cam
paigns, has gained valuable knowledge
which stands hsr in good stead at this
time.
Mrs. Julius L. Lioaisson; colonel of the
women's division, baa selected Mrs. Ed
mund C Glltner as her assistant in
gathering together 10 captains and or
ganising tha teams. Mrs. Giltner will
be remembered as one of the successful
captains In ths recent social and recrea
tional war work fund.
TEACHERS PLAN HE
RE-EDUCATION OF WOUNDED AFT
ER WAR TO BE CONSIDERED.
Exeeatlve Ceamsalttee of State Assoela
tiea Decldea aa Special Subjects
fer Aaaaal Ceaveatioa.
BALEM. Or., Jan. 27. (Special.) Tha
question of the re-education of the
wounded after tha war will be one of
tba big problems to ba grappled with
at tha next annual meeting of the State
Teachers' Association to be held in
Portland some time during the holiday
seaaon in December of this year. This
was decided upon at a meeting of the
executive committee of ths association
which met here yesterday. A commit
tee of three members wilf ba named to
outline this portion of the programme.
A committee of 11 members also will
be named to arrange for handling the
subject of physical conservation, and
the whole matter of medical inspection
and physical exercises will be dis
cussed at length at the meeting. An
other committee of seven will arrange
for discussion of a minimum salary
for teachers and the financial position
of teachers generally, while a com
mittee of five wilj arrange for dis
cussion of unils for rural schools, in
cluding units for both taxation and
administration.
These committees all will be named
during the next two or three weeks,
and the subjects selected yesterday will
be the outstanding features of the
next meeting of the stats association.
Merrill Woman Dies.
KLAMATH FALLS. Or., Jan. 27.
(Special.) Mrs. T. A. Blake, of Mer
rill, died Thursday, according to word
just received here. Rheumatism and
heart disease were the cause of her
demise. She is survived by a widower
and four children, W. A. Blake, of this
city. Glen Blake, Mrs. Clyde Van Meter
and Mrs. A. J. Joy, all of Merrill.
Columbia River Bar Report.
NORTH READ. Jan. 27. Condition of the
bar at 5 P. M., smooth; wind, northwest, 20
TRATFLERS GrmK.
Independent S. S. Co.
Direct for
San Francisco
Flrat-Claaa Meals aad Berth
laclotl-d.
S. S. BREAKWATER
Sailing- 6 P. M, Monday, Jan. 28
Colombia Dock No. 1. Near
Broadway Bridge.
Tlcketa for Sale at Dock and 124
Third Street.
Phoaes. Broadway &30, A B42X
BIG SHIP LAUNCHED
Westgate Glides Into River
Without Mishap.
PLANT IS UNDER GUARD
Threat of Enemy Agents Keeps
Crowds Away From Yard Vessel
Third Bnitt by Columbia River
Shipbuilding Corporation.
(Continued From First Psge.)
places of vantage near it on the plant
side of the river, could not Imagine
why they were turned back at the main
gate by police under command of Ser
geant Wade.
Even on the East Side, opposite the
scene of launching, precautions were
taken, Sergeant of Police Robson being
detailed in and near the plant of the
Inman - Poulsen Lumber Company,
where thousands of men, women and
DTNAMITB RUMOR, THOUGHT
FALSE, BE1 BIS DOWN,
That the Federal authorities
had run down and arrested a
man claiming to be French, but
in reality a German, and that
five sticks of dynamite had been
found in his locker at the plant
of the Columbia River Ship
building Corporation's plant, was
a story industriously circulated
throughout the city yesterday.
"Having heard this rumor, wa
have endeavored to trace it to
Its source," said Chief of Police
Johnson, "but thus far without
success. It is believed to be en
tirely falsa, aa no one in author
ity knows of such an incident,
but we are still working to learn
its origin."
children, eager to'witneejs the big event.
were blocked and famed away from the
vicinity. Some were able to go to
other places and saw the launching.
but large numbers were unable to
do so.
They will know for the first time this
morning why this all happened; there
waa no means of informing them be
fore.
Tha forces Co-operating- along the
water front, comprising the State
Guard, special watchmen employed by
private firms and the police have thus
far defeated all attempts to do mis
chief on tha river.
Harbor la Weill Guarded.
Chief Johnson and his aides were out
all Saturday night and far Into the
morning hours yesterday, making a per
sonal inspection of plants along the
river front. They found conditions ex
cellent, being held up every few min
utes by guards and forced to identify
themselves. The chief yesterday ex
pressed great satisfaction at the Or
ganization now employed on the harbor
de'enses.'
The chief would not go Into details
yesterday as to the threats that were
made against the Westpate, but he ex
pressed great satisfaction when he
stood on the sidelines at 12 o'clock and
saw her slide into the Willamette as
gracefully and safely as any boat ever
launched.
"They aatd she wouldn't be launched,"
declared Chief Johnson, "but there
she is."
Asked as to the threat or threats.
the chief replied:
"They eaid she would never get into
the water."
That was all he would Say.
Chief Johasoa ia Charge.
Chief Johnson went to the shipbuild
ing plant in person, accompanied by
Chief Special Ae;ent Bryon. of the De-
MORRIS BROTHERS, INC.
Established 25 years.
Eailway Exchange Building-,
Portland, Oregon.
$82,000
Greater Winnipeg Water District
57o Gold Bonds
Dated 1st February, 1918 Due 1st February, 1923
Interest Payable
1st August and 1st February
Principal and Interest Payable in Gold at Bank of Montreal
in Toronto, Montreal, Winnipeg and New York City
Coupon Bonds in Denominations of $1000
Legal Opinion of Messrs. Malone, Malone & Long
These bonds are direct obligation of the Greater Winnipeg Water
District, a corporation constituted by Special Act of the Manitoba
Legislature, with powers to construct and operate a water-works sys
. tern to serve Greater Winnipeg. The District comprises the City of
Winnipeg and its more important suburbs, with a total area of 91.79
square miles and a combined population of, approximately, 220,000.
The bonds are a direct charge on all taxable land within the District,
the assessed valuation being in excess of $220,000,000. The taxes
levied by the District rank equally with all taxes raised for other
municipal purposes, and are collected at the same time and in the
same manner.
PRICE: 92.68 and Interest, Yielding 6.75.
Circulars furnished upon request. Telephone
The Bank of California
National Association
Portland Branch
Third and Stark Streets
Capital Paid in Gold Coin $8,500,000
Surplus and Undivided Profits...... 8,431,115
TRANSACT A GENERAL BANKING BUSINESS
Issue Commercial Letters of Credit, covering importa
tion of merchandise, as well as Letters of Credit for use
of travelers throughout the United States and Foreign
Countries.
Interest Paid on Time and Savings Deposits
partment of Justice, and took charge
of the forces co-operating in the work
of protection there at 11:45 A. M., re
maining until after the Westgate had
been swung into position in the stream
without the slightest mishap.
In addition to the uniformed State
Guards, policemen and special watch
men, plain clothes men and inspectors
from police headquarters swarmed
about the immediate vicinity, keeping
the closest possible lookout for suspi
cious characters.
Governor Withycombe, Mayor Baker
and Sheriff Hurlburt are co-operating
In the matter of river front protection
as a war emergency matter, so that
from one end of the harbor to the
other, day and night,' every vital point
is closely guarded.
Precautionary Steps Doubled.
No chances whatever are being taken
and, since the receipt of special warn
ings from high Government sources
within the past few days, there has
been a doubling of precautionary meas
ures all along the water front.
son unlimited authority, so far as the
city end of the business is concerned,
to organize the forces on the river front
and to say how many men are neces
sary to make It as safe as It can be
from attacks of any kind. As a result,
to date, there have been no explosions,
no fires and nothing In the line of
enemy mischief wrought within the
city.
Pupils to Bo Examined.
ALBANY. Or., Jan. 27. (Special.)
Physical examination of public 6chool
students in Albany will begin on Feb
ruary 3. The Board of Education re
cently determined to establish a system
of physical examination In the local
schools, similar to that In Vogue In
Portland, and Dr. G. E. Rigcts, city
health officer, will be in charge of
the work. He will inspect one rooin
at a time and the work will probably
require several weeks.
Phone your want ads to The Orego-
Afayor Baker has .given Chief John- nlan. Main 7070. A 6095.
S. S. BEAVER
Sails 3 P. M. Wedneaday,
JANUARY 8
FOR SAN FRANCISCO
AND LOS ANGELES
The Baa Frmacixo A Portland 8. 8. Ce
Third aad Waehlnrtea streets (with
O.-W. K. A N. Ca.). TeL Broadway 4500.
A .6121.
wsmsi
leamship Cd
Third St. Main Xe.
ALASKA
-teniae.. WrmnselL Jun.au. Donf'.
Hlna, ".
Seward and Anchorage.
CALIFORNIA
via Seattle or Sari Krancleoo te Im
Angelee and 8a i Dieso direct. Largest
abipa. unequaied eervlca low rmtee. In
cluding beria and meala Make reeer
t tlona
Cumou UiUMMMTiuatsKnMawt f
NEW YORK BORDEAUX PARIS
Direct Koote to the Continent.
WEEKLY DEPARTURES.
Fngazl Broa., I'ae. Coant Agents. 109 Cheny
St., Seattle, or anr Local Agents.
AUSTRALIA
NEW ZEALAND AND SOCTH SEAS
Via Tahiti and Raratonga. Mall and pas
senger service from Saa Francisco every if
dytNION S. B. CO. OF NEW ZEALAND,
tsa California St.. Saa Franelaeo. -i
local steamship aad railroad smartes,
Guaranty Trust Company
of New York
140 Broadway
FfrTH AVE. OFFJCE
Fiitfc Ara. A 40ra 5L
MADISON AVE. OrTICE
MarHaaa A. A COta St,
LONDON OPTICS
S3 Leenbard Sfc. X. C
paris orncj
HaadeItaIima,lVS
Condensed Statement, December 31. 1917
RESOURCES
Real Estate (140 Broadway, 66 Liberty Street. 25 Eart
60th Street) ,....
Bond and Mortgagef. ..................
U. S. Government Certificates of Indebtedness.- .
Liberty Bonds
Public Securities ...... ....... . . M .... ........
Other Securities . . . . . . . ...............
Loans and Bills' Purchased . ..............
Cash On Hand and in Banks. ... ... ....... .;
Exchanges for Clearing House.
Foreign Exchange .......-.
Credit Granted on Domestic and Foreign Acceptances
Accrued Interest and Accounts Receivable. .
$5,000,000.00
1,644,600.00
5,631,500.00
22,198,734.62
36,457,920.10
56,825,066.03
308,291,315.43
75,199,801.21
34,226,703.12
64,361,651.60
47,625,688.04
3,282,315.89
$660,745,296.04
LIABILITIES
Capital .. $25,000,000.00
Surplus Fund required by law. . 5,000,000.00
Additional Surplus
not required by law . 20,000,-QOO.OO $50,000,000.00
Undivided Profits 1,159,905.47
Dividend Payable December 31 1,250,000.00
Outstanding Treasurer's Checks................ 8,511,330.17
Accrued Interest Payable 1,187,690.44
Reserve for Taxes and Expenses - 222,845.93
Foreign Accounts 4,943,565.17
Domestic and Foreign Acceptances. ................ 47,625,688.04
Notes and Bills Rediscounted with
' Federal Reserve Bank , 1 1,562,295.32
Deposits ...... 534,281,975.50
$660,745,296.04