TITE MORNING OREGONIANV MONDAT, NOVEMBER 3, 1910,
13
CITY WILL FIGHT TO
RETAIN ARK DEPOT
Will Office Be Moved?" Is
Query to Congressmen.
kRMY STORE IS IN DANGER
.Government Agency for Sale of
Goods Important in War on.
Costs, Mayor Baker Says.
Tfli-prrams yesterday to the Oregon
lelesration in conerress marked the
first steps of the fisht Portland in-
ends to make, if the report rrom
California that the war department
ntends to move the quartermaster
!cpot here to San Francisco, proves
orrect. , Jlayor Baker, acting for the
ity. and the officials of the Portland
'hamber of Commerce, forwarded tel-
rgrams asking- Oregron senators and
representatives to Investigate the re-
Iport, and immediately inform vori-
and whether the report is correct
md whether any move of the quar
termaster department here is contem
plated.
Determined T-'lRht rromlncd.
Tf answers from Washington indi-
Icste that a change is probable, tne
r-lty and Chamber of Commerce at once
will begin a determined fight to re
tain the depot. First intimation of
such a move was contained in a dis
r.atch from Tios Angeles Saturday
which said that a message from Sen
ator Phehin at Washington had been
given out staling that both the Port
land and the L.os Angeles depots were
to be moved to San Francisco to be
consolidated with the depot there.
The transfer of the depot from here
round injure the entire section, in
the opinion of those interested, as
this action might mean the closing
of the army retail store, which has
disposed of a large quantity of high
class army foods and clothing at
prices which are unusually attractive
to all those engaged in serious battle
ith the high cost of living. 1 he
closing of the depot here would also
mean the loss of contracts to tne
local concerns for supplying the
umy with goods of various kinds.
Telegram Sent to Senator.
The Portland Chamber of Commerce
yesterday sent the following telegram
to Senator Chamberlain:
'"Press reports from Ios Angeles
quote Senator Phelan as declaring
purpose of the war department to do
away with depot quartermaster of
fices both Los Angeles and Portland.
Will imu kindly furnish us by wire.
at our expense, full facts with re
spect to the case, if any changes are
contemplated, with your suggestions
on proccdAjre to protect the business
in this dirict."
Mayor Baker's telegrams to the
congressional delegation were of like
tenor, seeking information.
"The army store is ttie only weapon
In the hands of the people of Port
land to combat the high cost of liv
ing," declared Mayor Baker. "Its re
moval from Portland would not alone
be a loss to tho city of Portland, but
would represent an irreparable loss
to the people of the entire Pacific
northwest. The city of Portland will
.fight to the last ditch to prevent the
'closing of the amy store and the re
moval of the quartermaster's bureau
and depot from this city."
Mayor KMncounts Kepart.
The first step taken by the Mayor
In connection with the report was the
sending of a query to the Oregon
congressional delegation, asking that
a check be made" to ascertain whether
the purported report sent by Senator
Phelan to Mayor Snyder of Los An
geles is based on fact.
"I am inclined to discount the re
port," continued Mayor Baker, "but
yet the government has seen fit to
close the federal employment bureau
at one of the most critical periods in
the history of the country. The policy
of retrenchment may result in con
solidation of federal bureaus and on
this basis Portland ma? lose the
quartermaster's bureau and army
tore.
"A few moments spent any day
around the army store will convince
one of the benefits derived by the
citizens of Portland and the north
west. The importance in the continued
operation of the army store in Port
land, to my mind, lies in the fact that
not only does the government offer
high-grade goods to the people at
cost and in some instances at prices
below cost, but such sales have a na
tural tendency to keep down the costs
of necessities sold by private dealers.
"In the present era of high ccsts of
living, the army store looms as a
tshintng star amid heavy clouds, and
its removal from Portland will leave
us groping, as it were. In the dark
ness of ever increasing costs."
Mayor Baker said that the loss of
the quartermaster's bureau would be
equally serious because in the loca
tion of an army depot comes the pur
chase of supplies from manufacturers
pnrt jobbers operating in the same
district.
financial circles, has become Oregon
representative of S. W. Straus & Co.,
of Chicago, New Yuri and San Fran
cisco. This company has financed
many large apartment houses and ho
tels and is at the present time putting
on the market bonds for the $10,000,
000 Linnard hotel in New York city.
The Straus plan is widely known for
success in big building projects.
LOW PATRIOTISM LEVEL SEE.N
E. G. Crawford, of United States
National Bank, GiTes Address.
"Patriotism is at a low level," said
E. G. Crawford, first vice-president
of the United States National bank
in his address before the members
of Portland chapter, American Insti
tute of Banking, at the informal re
ception in the Oregon building, Tues
day evening, givenf to the delegates
returned from the national conven
tion at New Orleans. Portland was
represented by A. Lj. Fraley, chapter
president of the Northwestern Na
tional bank; T. F. Dunn of the United
States National bank, and A. T. Mat
thews of the Bank of California, Na
tional association. Mr. Matthews
presided over the presidents' confer
ence committee at the convention and
handled this most important of com
mittees in a highly creditable manner.
Mr. T. H. West of Ladd & Tilton
bank, who accompanied the party as
a member of the national executive
council, gave considerable detail of
the most important deliberations of
the convention, and many interesting
sidelights on commercial develop
ments of the city and port of New
Orleans. Mr. West also touched upon
the activities of the American Bank
ers' association at St. Louis. Mr.
Dunn told of the work of the enter
tainment committee and general work
of the convention.
SCOUTS HELP RED CROSS
STICKERS PASTED OX AUTO
MOBILE AVIXDSHIELDS.
Committee Named to Project Pub
licity Stunts to Advertise
Coming Campaign.
Fifty Boy Scouts from different
troops in the city leaped Into the
American Red Cross drive with a will
Saturday, pasting several thousand
stickers on automobile windshields,
assisting Charles W. English to dis
tribute showcards and scattering
posters in the suburbs. They were
mobilized early in the day by James
E. Brockway, scoutmaster, and put to
work in all parts of the city.
Earl Wellington, chairman of the
special features committee of the drive
intends to serve notice on every per
son in Portland who stirs from home
during the campaign opening next
Thursday and closing on Tuesday, No
vember 11, that the Red Cross ex
pects them to "carry on" the after
war welfare work and the home serv
ice duties by enrolling in the ranks
of the disaster relief agent of the
American people.
It is not a drive for funds, dollar
memberships only being sought, with
a quota of 120,000 members in the
city of Portland.
Though numerous new publiicty
"stunts" are projected, they are to be
sprung on an unsuspecting public
without preliminary newspaper no
tice, according to Mr. Wellington. He
has named the following on his com
mittee: John A. Beckwith, secretary
of Portland post of the American Le
gion, speakers; Oeorge Hotchkiss
Sireet, special rauulc-;-- Ferdinand K.
Reed, theater music; V. H. Ilaybarker,
of the electrical workers' union, elec
tric features; Charles W. English, of
the better business bureau of the Ad
club, window displays; W. V. Thomp
son, of Foster & Kleiser, .outdoor fea
tures; Aaron Frank, stunts; Paul
Noble, theater committee: Edward
Grenfell. fire department; Nels John
son, police department; Henry E.
Reed, city manager American Red
Cross, rollcall; Marshall Dana, E. Jor
genson. Jerrold Owen and Arthur
Crookham. press.
PIONEER STOCM DEAD
William burke of Portland
passes ix new york.
End Follows Sudden Illness While
Visiting Daughter; Funeral
WiU Take Place Here.
William Burke, pioneer stockman of
the northwest and a resident of Port
land for the past 10 years, passed
away Saturday night in New York
City, following a sudden illness, ac
cording to a telegram received by
members of the family here. Mr.
Burke left Portland far New York
about two weeks ago to visit a daugh
ter, Mrs. M. B. Channing. and his sud
den illness and death occurred during
his visit there.
William Burke was born in Ireland
in 1837 and came otthiscou
in 1837 and came to this country
GAIN IN CLEARING
HOUSE $89,980,976
Increasing Volume of Busi
ness Here Indicated.
REPORT COVERS QUARTER
NT
LABOR FROLliM SETTLEMENT
HELD INEVITABLE.
J. C. Alnsworth, of United States
National Bank, Returns From
Conference in East.
Eastern financiers are strongly of
the opinion that the labor problems
of the country must be worked out
and that continued disturbance would
be the penalty of indecision now, ac
cording to J. C. Alnsworth, president
of the United States National bank,
who has returned from a trip of sev
eral weeks through the eastern states.
He says it is the general opinion that
a proper solution might as well come
now as later.
Mr. Alnsworth was present at the
conference of bankers and business
men with representatives of England,
France, Belgium and Italy, held at
Atlantic City, where the consensus
of opinion was that the requirements
of the European countries can be met
by extending long term credits here
and purchasing securities of the coun
tries. It was generally agreed also
that exports should be curtailed and
more goods diverted to merchants of
this country, that a natural trade bal
ance again may be established, as a
means of reducing living costs.
There is a strong sentiment among
business men, Mr. Ainsworth found,
toward reducing national taxation and
spreading the period of paying off
the war debt to another generation
and a great deal of criticism is heard
of the administration for maintain
ing profits and income taxes at a
level so high that it is believed one
of the material causes of holding up
commodity prices.
Walter X. Anderson, well known in
as a young man, being one of the pio
neer settlers in the Chicago section.
About 1870 he moved to Idaho, where
he was engaged in the Btock business
for many years In the vicinity of
American Falls. He retired ten years
ago and moved to Portland, living
for some years at 778 Northrup street
and later at the Alallory hotel. He was
an active member of the Knights of
Columbus.
He is survived by his widow, three
sons, Frank W. Burke of Portland
John L. and William Burke Jr., of
Burley, Idaho: two daughters, Blanche
Burke of Portland and Mrs. M. B.
Channing of New York and a brother,
Rev. M. S. Burke, of St. Joseph, Mo.
The body win be brought to Port
land and funeral services will be held
the latter part of this week.
$2 71 Given for Albuny Parks.
ALBANY, Or., Nov. 2. (Special.)
ine AiDany park boards have re
ceived a donation of $271.96, the sur
plus rrom the fund raised for the
celebration of the Fourth of July
here this year. Some time ago the
committee in charge saw It would
have a Surplus and gave the Bryant
park board 200. After all bills out
standing were paid an additional
sum of $71.S8 remained and this was
given this week to the board in
charge or Takenah park, the park
which Is being developed in the cen
ter of the city on the former site of
the central pudiic school.
Three Months Ending October 31
Show More Numerous Transi
tions for Portland Banks.
For the three months ending Oc
tober 31, Portland clearing-house
banks made a gain over August, Sep
tember and October, 1918. of 189,960.
976.89. The increase for the month
of (October was not as great as that
of September, which showed a re
markable gain over both the pre
ceding month and as compared with
the corresponding month of the pre
vious year.
Comparative figures of the clearing-house'
for the period, however,
show that the volume of financial
transactions reflected in the totals is
substantially higher.
For October the gain over the same
month of 1918 was $15,550,998.39 and
over September $10,042,556.82. Sep
tember made a gain of 33,228,524.98
over August, and exceeded the clear-,
ings for September, 1918, by $46,170,
641.59. Figures of the clearing-house for
the three-month period are as fol
lows: 1019 1!1S
October .. ..1K1,447.7!7 2 l3,H6,7tS.S17
September .. 1 71 ,4)j, 240.44 1"J.".3:14..")1IS.S5
August 138.176.713.4li 1U9.707.378.3S
Subscriptions to the three-year con
vertible notes and ten-year convert
ible bonds of the United Kingdom of
Great Britain and Ireland have .been
received to an amount sufficient to
relieve syndicate participants from
their liability, according to telegrams
received by local banks and bond
dealers from J. P. Morgan & Co., syn
dicate managers.
In order to give participants who
have not yet subscribed for their own
account an opportunity to obtain
notes or bonds for investment, the
books will be held open until the close
of business today. This offering of
$250,000,000 has been the most nota-
able of its kind recently open to the
American public, owing to the op
tional conversion feature, presenting
an unusual opportunity for profit. F.
A. Freeman, of Freeman. Smith &
Camp company, commenting on the
loan, characterizes it as the most re
markable investment ever offered to
American investors, saying:
Assuming national war bonds eold
in London at 100 and proceeds con
verted into dollars, holder of $100
notes or bonds .converted would re
ceive $100 if exchange rate is $4. SO
increasing to $113.19 at exchange par
ity 4.S665. If paid at maturity at
105 converting holder would realize
$105 over $100 not or bond with ex
change at $4.30 increasing to $118.85
at exchange parity 4.8665. This con
version privilege may be exercised
any time before maturity In case of
three-year notes and any time prior
to February 1, 1929 in case of. the ten-
year bonds.' - - - -4
.
A loan of $5,550,000 to the Republic
of China is about to be announced.
The new financing which will serve
to refund a previous note Issue just
maturing will be in the form of two
year 6 per cent secured gold loan
treasury notes to be offered on a price
basis of 98.125. yielding the investor
over 7 per cent.
As one of the members of the dis
tributing syndicate the Lumbermens
Trust company. Is offering this
Chinese issue locally.
The new loan is a direct liability
and obligation of the Chinese govern
ment, which pledges its good faith
and credit for the full and punctual
payment of principal and Interest and
is secured in respect to both princi
pal and interest by a direct charge
which the Chinese government guar
antees to be a first prior and contin
uing lien on the goods and taxes de
rived from four of the provinces of
China, the receipts from which for the
fiscal year 1919-1920. as shown in the
budget promulgated by the Chinese
government are estimated to produce
a total of 4.911.692 Chinese dollars. At
this time Chinese dollars are worth
about 95 cents in American gold.
The past week has been a very ac
tive one for government and munic
ipal bonds according to John L. Ethe
ridge, president of Morris Brothers,
Inc. "It seems. said Mr. Ktheridge.
'that the general public is becom
ing aware of the fact that, after all,
the safest investment securities are
government and municipal bonds, and
are putting their faith and confidence
behind this belief to the extent of in
vesting their money in those well
known forms of bonds. People are
getting to know what government and
municipal bonds really are and what
there is behind them. They realize
that when a government or a munic
ipality bonds itself for certain pur
pases that it is a 'promise to pay'
backed by all the taxable resources
and property of -the Issuing govern
ment." During the past week several new
issues of municipal bonds have been
purchased by Morris Brothers, Inc..
among which are Included three Idaho
issues in the following amounts: $30,
000, Soda Springs. Idaho, 7 per cent
improvement bonds; $95,000 City of
Rupert, Idaho, 7 per cent paving
bonds, and $125,000, city of Rupert,
Idaho, 7 per cent sidewalk Improve
ment bonds. All three of these is
sues will be sold on a basis of net
6 per cent.
By reason of business expansion .O.
W. T. Muellhaupt of the firm of O.
W. T. Muellhaupt & Co., who was
for many years actively engaged in
the banking business, has removed
his financial offices to suite 407-409
United States National bank build
ing. In connection with a well-established
general Insurance business, this
company Is now acting as financiers,
and Is handling government, munic
ipal, corporation bonds, high class se
curities and corporation financing.
"California absorbs a lot of bonds,
commented O. W. Smith, of Freeman.
Smith & Camp company, in charge of
the San Francisco office of the com
pany, who was a Portland visitor sev
eral days the past week. Continuing
he said: "There re two classes of
investors in securities in California
and both buy lots of western securi
ties. One is the men who have made
their money there and the other the
men who have come from states east
oii the mountains and have capital to
invest after having disposed of their
holdings in the old home localities.
Of the latter class the southern part
of the state has the larger part, but
altogether it makes the state a big
investor in high class bonds and se
curities. Business generally is good
in San Francisco and throughout the
surrounding district, with the great
est crops in history and splendid
prices for the growers." .
Frank W. Camp, of Freeman Smith
& Camp company, is attending to bus
iness in Salt Lake City and Denver
that will keep him away from home
for two or three weeks. Mr. Camp is
a former Denver resident and is close
ly in touch with bankers and bond
men of the Rocky mountain states.
The Portland firm has recently
handled several issues of Wyoming
school district and municipal bonds
and there is great progress through-
out that section based upon public
securities.
.
It is the opinion of the Wilson-Heil-bronner
company that with the. posi
tion the government has taken in the
coal strike, the disturbance will
be of short duration and that stocks
may be Bafely bought by Investors.
This firm reports that there Is an In
creasing tendency on the part of in
vestors to give attention to stocks
active in the market. The condition
that has prevailed Curing the past
few days Is cited as j roof of the con
fidence the investing public reposes
in the loyalfy of American working
men. The earnestness with which the
different counties throughout the
state are going forward with road
building programmes, is again demon
strated by an issue of road bonds
in the amount of $100,000, Just pur
chased from Baker county, Oregon,
by Morris Bros., Inc. The Baker
county bonds are designated as 6
per ctnt road bonds and are dated
November 1. 1919, and due November
1, 1939. They are optional after
November 1, 1929. They are being
offered at 101.57 and will net 4.80
per cent to the optional date jind
approximately f. per cent thereaiter.
In addition to the Baker county road
bonds. .Morris Bros., Inc.. purchased
during the past week $400.uu city
of Portland new improvement bonds;
$73,000 city of Buhl, Idaho, sewer
bonds; $55,000 city of Buhl, Idaho,
paving bonds; $40,000 city of Soda
Springs, Idaho, sewer bonds.
The new offerings cn the list of the
Lumbermens Trust company are the
7 per cnt preferred etc-ck of the (Jood-
year Tire & Rubbir company, the
two-year 6 per cent gold treasury
notes of the republic of China and
several new municipal issues, includ
ing a block of City of Molalla Or.. 6
per cent bonds, a new Issue of City
of Huntington Beach, Orange county
C'al.. 5 per cent general obligation
bonds and a block of I g Horn county,
Wyoming, school district No. 41. 6
per cent bonds. The fall market for
Investment securities is reported by
the trust company - oe active.
At a recent meeting of the West
ern Bond & Mortgage Co.. the capital
stock was Increased from $300,000
to $500,000. This increase was made
necessary by the rapid growth of tho
company and has been subscribed by
old stockholders. During the last
three years the business of the com
pany has expanded until it extends
throughout Oregon ana Washington
and into a large part of Idaho. A
considerable volume of business is
also done with customers in the east.
The growth of this concern, in the
field of farm mortgages, financing
of livestock loans and automobil
securities, is a testimonial to the busi
ness methods and Integrity of Its of
ficers and directors. C H. Farrlng
ton, president, has been constantly
at the helm for the 15 years of its
history, and during which the office
force has increased from three to 23
employes.
CUPID HARD HIT BY
P0RTL1D
27 Default Decrees a Week
for Four Months Is Record.
RELATIVES MAKE TROUBLE
Desire of Wife to Work and Neg
lect Duties of' Home Life
Blamed by Judge Gatcns.
One hundred and eight default di
vorces a month, or 27 a week, is the
startling record for the past four
months in the circuit court, according
to figures brought to date by Presid
ing Judge Gatens wno has heard all
the cases. This does not Include an
average of 12 divorces a month which
are contested by the husband or wife.
In substantiation or Judge Gatens'
Impression that this Is s.n era of
apartment houses and twin beds, he
points to the flrgures showing that
one-fourth of all the divorced couples,
or 108. lived In apartment houses, and
In 157 cases thare were no children.
Relatives Cause Trouble.
"As proof that the whiskered
mother-in-law Jokes have some basis
In fact," says Judge Gatens. "there is
the record that in 91 cases domestio
strife was caused because the youw
couples were living with paternal
relatives."
In the great majority of cases, the
wives bring the divorce action, 310
women being granted decrees, in
comparison with 122 men.
"This la not to be considered Iron
clad proof that the male of the spe
cies is more cantankerous than the
female," observes the Jurist. "In
many cases the husband wanting a
divorce Is willing to allow his wife
to bring the suit, possibly from a
latent spirit of chivalry."
Vancouver, Wash., as has been In
dicated in the general grist of di
vorce actions, is responsible for one-
fourth of the unhappy marriages of
Portland folk. Kasily accessible, a
meeca for youngsters under age and
men who fear the medical law In Ore
gon. Vancouver contributed 107 of the
unstable matches during the past four
months.
Many Married Previously.
One unfortunate marriage often be
gets another, according to Judge
Gatens' figures, for of all the couples
he has separated in four months in
15 cases the husband or wife had
been married before. In 108. or one-
fourth the cases, there were children
by former marriages to cause bitter
ness.
The wife who docs not believe her
sphere is in the home and adds to the
family income by working Is found
In 60 per cent of the divorce suits.
This Is believed by Judge Gatens to
be one of the most revealing features
of the statistics he has gathered. Of
the 432 divorce cases In 2.".8 instances
the wife worked outside of her home.
Unpleasantness at home due to the
sex question contributed to 182 of the
divorces. In 126 cases the husband
had an affinity and in 72 cases the
wife has one. Ninety-one wives wint
ed children but their husbands did
not. Forty-plcnt hilshanrlit. . wnnlad
children but their wives did not. In
105 instances the husband attended
amusements alone, in 76 cases the
wife left her husband at home.
Period of llappinesft Short.
Twenty-eight couples had lived to
gether less than one month before
separating. 10 less than two months,
14 less than three months, 14 less
than four months. 24 less than six
months, and 40 more than six months
EXEMPT FROM ALL FEDERAL INCOME TAXES
Oreg
MUN
and Washington
CIPAL BONDS
The Bonds of Oregon xnd Wishinpton cities nd counties are very desirable
Investment securities. They rank with the best bonds obtainable anywhere. It
will be to your advantage to study this group of bonds carefully, select one or two
Issues which appeal to you particularly, and then let us help you decide the
best selection for your requirements and circumstances.
Better bonds than these are not obtainable. We own these bonds and offer
them as investments embodying every element of safety and profitable interest
yield.
PRICES: TO NET 4.70 TO 5.75'i
Rate .Maturity Priced Yield
100,000 Baker County, Oregon. Foad 5 .M&N 1929-59 lot. 57 4.80
34,000 Klamath County, Ore., Road Bonds
34,000 Klamath County, Ore., Road Bonds
34,000 Klamath County, Ore., Road Bonds
34,000 Klamath County, Ore., Road Bonds
34,000 Klamath County, Ore Road Bonds
34,000 Klamath County, Ore., Road Bonds
34,000 "Klamath County, Ore., Road Bonds
34,000 Klamath County, Ore., Road Bonds
34,000 Klamath County, Ore., Road Bonds
41,000 Klamath County, Ore., Road Bonds
500 tCity of Ontario, Oregon, Paving..
500 TCity of Ontario, Oregon, Paving..
1,000 tCity of Ontario, Oregon, Paving..
500 tCity of Ontario, Oregon, Paving..
1,000 TCity of Ontario, Oregon, Paving..
1,000 tCity of Ontario, Oregon, Paving..
1,000 TCity of Ontario. Oregon, Paving
1,500 tCity of Ontario, Oregon, Paving..
205.000 'Portland, Oregon, Improvement..
5.000 Wa!lowa, County, Oregon. Road..
10.000 Wallowa County. Oregon. Road..
20,000 Wallowi County, Oregon, Road..
20,000 Wallowa County, Oregon, Road. .
20,000 "Wallowa County. Oregon, Road..
5,000 Clarke County, Washington. Road
5,000 Clarke County. Washington, Road
26,000 "Clarke County, Washington, Road
6,000 Clarke County, Washington, Road
21,000 Clarke County. Washington, Road
25.000 Clarke County. Washington. Road
30,000 Clarke County. Washington. Road
115,000 "Franklin County, Washington....
1.500 tWashougal, City of. Wash., Improv.
4,000 tWashougal, City of. Wash., Improv.
4,000 tWashougal, City of. Wash., Improv.
1,500 TWashougal, City of. Wash., Improv
6.000 tWashougal, City of. Wash., Improv.
6,000 tWashougal, City of. Wash., Improv.
4,000 tWashougal, City of, Wash., Improv.
Denotes bonds of $1,000 denomination. tDenotes bonds of $500 denomination.
6
6
6
6
6
6
6
6
6
5
5
5
5
5
5 vS
si;
5 S
5 5S
5i
5'i
syi
5
6
6
6
6
6
6
6
J&J
J&J
J&J
J&J
J&J
J&J
J&J
J&J
J&J
J&J
J&D
J&D
J&D
J&D
J&D
J&D
J&D
J&D
A&O
.M&S
M&S
M&S
.M&S
.M&S
A&O
A&O
A&O
A&O
A&O
A&O
A&O
A&O
M&S
M&S
iM&S
M&S
.M&S
M&S
M&S
1929
1930
193 t
1932
1933
193 4
1935
1936
J937
1938
1922- 9
1923- 9
1924- 9
1925- 9
1926- 9
1927- 9
1928- 9
1929
1922-29
1924
1925
1926
1927
1928
1931
1934
1935
1936
1037
1938
1939
1924-39
1922
1923
1924
1925
1926
1927
1928
101.97
102.12
102.27
102.40
102.54
102.66
102.78
102.89
103.00
103.1 1
102.15
102.91
103.64
104.33
104.9S
105.60
106.20
106.76
106.20
101.32
101.55
101.77
101. 9S
102.18
104.47
105.23
105.46
105.68
105.89
106.09
106.28
100.88
100.68
100.88
101.07
101.25
101.42
101.59
101.74
4.75
4.75
4.75
4. 75
4.75
4.7S
4.75
4.75
4.75
4.73
5.10
5.10
5.10
5.10
S.IO
5.10
5.10
5.10
4.S75
4.70
4.70
4.76
4.70
4.70
5.00
5.00
5.00
5.00
5.00
5.0O
S.OO
4.80
5.75
5.75
5.75
5.75
5.75
5.75
5.75
MORRIS BROTHERS, Inc.
The Premier Municipal Bond House
Capital One Million Dollars
MORRIS BUILDING, 309-311 Stark Street, Between Fifth and Sixth Streets
Phone: Broadway 2151 PORTLAND OREGON Phone: Broadway 2151
and less than one year making 130
in all who lived together less than a
year after marriage.
In 68 cases divorce proceedings
were begun in less than a month af
ter separation. In 38 cases less than
two months, in 4 2 cases less than six
months, and in 48 caties between six
months and ono year or ISO in all
who began their divorce suits in less
than a year after separation.
" Wlicefc-r Bonds Delivered.
FOSSIL. Or.. Nov. 2. (Special.)
Tuesday the county court of Wheeler
county delivered the 144.000 Issue of
road bonds through Steimer & Car
penter's bank of Kontl and Ladd &
Tilton bank of Portland to the Clark
Kendall company, purchasers. Judge
II. C. Keyes, Commissioners "Wright
and Dukek signed the bonds. The
bonds were sold at about $1.0'4.
LIBERTY AND VICTORY BONDS
If j on mut SKLr, vour Liberty or Victory Ilnnd. SKI.Tj to VS.
if you cm HI Y mor Liberty or Victory Bunds. HI Y irom I S.
On Saturday. November 1, the . losing market prlVos were an fflven
below. They Hn ihf irovernlnK price for Liberty h nil Victory bonds ail over
the world, and the hicheit. We advertise thee prre dally In order that vou
may ulwavg know l ho New York ma- ket and tho eiH' l vtit of your Liberty
and Victory bonds. lt I'd J-"t "d Vlrtory Victory
:tUs 4s 49 4 Us 4 l 4 l s 4 a Hm 4m
Mar. . . .$10n 7j ;.. oo fw;.or $..'. o 1 '.a.:m $!: 4t 9'.m.46
liu l7 l.o-i !.'. .."7 .1 1 To
Total ...iniM $9rt S S94.KT f t to Hr. 71 Wt.&l !!. 1H i
w hrn tuin(r o iaau-t ::7c on a ."0 bontl ani J.M on a I Otto bund. V
oil at the N'w York market plus the .h-tu' d Interest.
Bunelar and VI rep roof Safe lnolt Kniff for rnt
(lfa lotil M I. M. on !aturda .
MORRIS BROTHERS, Inc.
The Premier Municipal Hood Ifnune Taplt.il One Million Dnllara
Morris Huildlna. MOil-ll Mark Street. Ilrt. I'ifth and Slilh.
TtLKPHU.Mil HKOAUWA Y 2131. K.tobll.bed Over m Uuarter Crntnry
The GOOD, the BETTER and
the BEST in Bonds
ALL BONDS vary in adaptability whether Govern
ment, Municipal or Corporation according; to the
character of the bonds themselves and the requirements
of the investor.
Fitting the proper bonds to the right investor is a feature of the
service of Clark; Kendall & Co., Inc.
Vou Mar Conanlt In Vftaout Obligation.
CIARK.KHNDAH 6 CO. INC.
WInlock Pastor Installed.
CEMTRALIA, Wash., Nov. 2. (Spe
ial.) Rev. G. A. Obenhaus today was
installed as pastor of St. Peter's
Lutheran church in Winlock, the pul
pit of which haa been vacant during
the past year. Rev. J. Huchthausen
of Tacoma acted as installing: officer.
Rev. Obenhaus comes to Winlock
from Lexington, Texas.
Salem Woman's Funeral Held.
SALEM. Or., Nov. 2. ( Special.)
Funeral service for Mrs. Martha Jane
Tlalph. who died here Friday. Were
htld today with interment in the Odd
fellow a cemetery.
We offer, subject to prior sale, part of a new issue of
S40,000,000 j
Goodyear Tire & Rubber Co.
of Akron, Ohio
New First 7 Preferred Stock
Par value of shares $100
The object of the new financing is not to obtain addi
tional money, but to retire issues of first and second
preferred stock now outstanding.
Company's balance sheet of August 31, 1919, shows
no funded debt.
Gross assets on that date were $125,450,000 and
inventory and current assets $78,419,000 as against
$31,863,000 current liabilities.
Net earnings before Federal taxes for year ending
October 31, 1918, were $15,388,000. Estimated earn
ings this year $20,000,000 or more than seven times
dividend requirements on the new preferred stock.
The company has $20,731,000 common stock out
standing, selling at about $400 per share.
PRICE: Par and accrued dividends, TO YIELD THE
FULL 7
We invite investors to exchange through us
their preferred stock of the previous Good'
year issues for this new stock.
Lumbermens Trust Co.
Lumbermens BIdg. Fifth and Staxk Streets
$600,000 Capital and Surplus
ROBERTSON & EWING
GOVERNMENT CORPORATION MUNICIPAL
BONDS
LOCAL SECURITIES
207-8 NORTHWESTERN BANK BLDG.
PORTLAND, OREGON.
Syndicate Loans
Attractive Investment opportunity is offered
from time to time by partk-ipatinn in the nation
wide syndicate loans to Foreign OJoverumentP.
Municipalities and to great American corpora
tions. Advance information often onables investors to
participate with profit not otherwise to he
obtained on account of oversubscriptions.
j:stabllshment of peace will release many For
eign loans, proceeds of which will be spent in
the I'nlted States, thereby increasing the already
great amount of money awaiting peace to invest.
Interest rates are clue to fall, bond values to rise.
We participate in all National Syndicates that p
in our Judgment are worthy of entrusting our
' own funda. 1
Ask to be placed on our mailing list for
advance information.
Freeman Smith & Camp Co.
SECOND FLOOR
NORTHWESTERN BANK BUILDING
Main 646
POftTLAMO ft II MANCftCO
School Bonds
T AT . f rf m r 1 I
io ixet oyo io o i-oyo
Government and Municipal Bonds Bought and Sold
Devereaux R(5mpany
S7 Sixth Street Broadway 1042
.Ground Floor Wells-Fargo Building
1 The Bank of California jj
1 National Association J
EE Founded in 1861 EE
H HEAD OFFICE: - SAN FRANCISCO
E Branches at j
EE PORTLAND, SEATTLE and TACOMA
Conduct a general bankingbusiness. EE
E We Carry Checking; and Savings Accounts EE
Buy and Sell Foreign and Domestic Drafts and
EE Cable Transfers
EE Issue Commercial and Travelers' Letters of E
EE Credit and Travelers' Checks for Use
E Throughout the World EE
EE Pay Interest on Time and Savings Deposits EE
H Capital, Surplus and Undivided Profits, $17,000,000 H
W. A. MACRAE,
Manager
PORTLAND BRANCH
Third and Stark Streets
J. T. BURTCHAELL,
Asst. Manager
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