Morning Oregonian., March 22, 1920, Page 17, Image 17

THE MORXIJfG OREGOXIAN, -MONDAY, MARC1T
1920
17
1
OP STATE
IfJ WORK
FARMERS
Results Are Seen in Agricul
tural Campaign.
STOCK CLUBS CONDUCTED
Oommittee Gets Reports From
Questionnaire Telling How En
couragement Was Beneficial.
The Oregon Bankers' association,
through the inauguration of a cam
paign encouraging agricultural devel
opment, has taken an advanced posi
tion which is showing results in a
greater production of livestock, dairy
ing and crops of the state. The
banker ts more closely in touch with
the business side of farm manage
ment than any other class of busi
nessmen. His touch with the farmer is
intimate, because it is to the banker
that the progressive agriculturist
comes with his problems of how to
finance some projected expansion of
his industrial plant.
The beginning of the general in
terest of the association was in the
realization by individual bankers that
the farmer is in fact the manager and
owner of an industrial plant of the
greatest important to his community
and the public. There was slow rec
ognition of this fact because so many
farmers did not grasp the importance
of farm management and rarely knew
their own status. Then came the con
ditions of the war that emphasized
to everyone the necessity of food pro
duction, that wheat, barley, oats, corn
and alfalfa are essentials and that
the meat supply of the country was
inadequate to demands of a hungry
world. Incidentally, the income tax
law compelled farmers to recognize
the importance of "keeping accounts"
something many of them had re
garded as the exclusive duty of the
banker and merchant. Today the
farmer in Oregon is recognized as en
titled to the same consideration as
other business men who come to the
cashier with their problems.
Active Campaign Start.
A live agricultural committee of
the Oregon Bankers' association has
started an active campaign to get
every bank in the stafte actively in
the work. C. D. Korer, A. K. Tarker
and R. A. Blanchard are the members
of the committee.- It is their pur
pose to have each bank promoting
one or more projects, such as bring
ing In pure-bred stock, conducting
pig. calf and sheep clubs or stimu
lating interest among formers of its
locality in higher crop yields or bet
ter forage.
In order to get at a working basis
a questionnaire was sent to 300 banks
In Oregon, and so far 89 replies have
been received. The questionnaire
asked what work had been conducted
previously and if the banks were will
ing to promote some phase of devel
opment' and accept the committee's
assistance. The results show that the
Oregon bankers are to the fore in
this progressive development in
financing. Out of the replies re
ceived only five banks refused to
accept assistance and 20 banks had
never done any work before, but were
willing to start. The remaining banks
revealed the following information:
Stock Clubs Conducted.
A total of 28 banks conducted a pig
club, four promoted a sheep club,
five banks were instrumental in con
ducting calf clubs, six banks were
aotive in improving dairy cows in
their section. In the matter of corn
shows 14 banks held corn shows in
the lobby, while six banks distrib
uted seed corn among their patrons
three banks distributed alfalfa and
clover seed. Since western Oregon is
a dairy section, 19 banks are active
In promoting better dairy herds and
especial attention to cow testing, in
the eastern part of the state, six
banks brought in pure-bred sires for
distribution to their customers, and
three banks promoted poultry clubs.
In order to stimulate pride and dis
tinction, the committee has made up
a roll of honor banks, placing a star
after the bank's name for each type
of agricultural activity which the
bank has financed or fostered. Many
of these banks have as high as five
or six stars after their name. Those
banks which have indicated a will
ingness and desire to finance or pro
mate one or more club projects dur
ing the year 1920, are placed on the
agricultural committee's roll of honor
pledges with a star opposite their
name. They hope to have a good re
port to make at the annnal conven
tion of the Oregon Bankers' associa
tion in June.
College Gives Aid.
The committee is working in co
operation with the Oregon Agricul
tural college, and is prepared to give
definite assistance and distribute in
formation to the banks- which will
conduct some work. The committee
expects to spend its major attention
n the banks which have not already
promoted this agricultural develop
ment, and it is hoped to make Oregon
a more profitable state agriculturally
and a safer state financially.
k u .... tnvaiAri Thev are f
the obligations of a hydro-electric
power company serving some of the
largest communities and manufactur
ing concerns 'in Michigan, and are
selling on a basis to net 7.28 per cent
to 7.75 per cent.
Two new Issues of California school
district bonds have just been pur
chased by Freeman Smith & Camp
company. The largest issue Is $75,000
of the Kingsburg Joint union school
district of Fresno county. These
bonds bear Interest at the raue of 6
per cent and have an average ma
turity of 234 years. The other issue
is 116,000 of Lake school district of
Kings county. California. The bonds
of the Lake school district bear inter
est at the rate of 6 per cent and are
being sold to net investors 5.40 per
cent. They mature serially from 1921
to 1936. i
Bank Now Advertising
In four leading American magazines
that reach the thoughtful people of
the nation, the Ladd & Tilton bank is
running a series of advertisements
that carry the story of the Pacific
northwest to the public. In recent
years financial Institutions have be
come prominent in spreading the news
of development of their territory, as
related to the progress of their busi
ness growth. It is a distinctively
UNO LOAN VOLUME HUG
BAXKS PLACE THREE-Q CAR
TERS OF A BIILIOX.
Spokane District Ranks Third and
Handles 16,450 Separate Ac
counts for $42,202,320.
iy
in
selling type of attractive displ
that have been prepared for the ban
calculated to interest the reader
the Pacific northwest with the lure of
opportunity for industry coupled with
its attractions as a place in which to
live. The Review of Reviews, Sorib
ner's, Leslie's and the World's Wor
are the mediums used and the adver
tising has been prepared and placed
through the agency of Hall & Emery,
Now offerings of the Lumbermens
Trust company include the following
An Issue of $510,000 Greater Van
couver sewer district three-year
per cent gold notes, unconditional!
guaranteed by the Province of Britis
Columbia. The notes are offered
investors at a price to yield 7.25 per
cent; Adams county, Washington,
per cent road bonds. $105,000 issue,
due serially 1921 to 1935. sold to yield
investors 5.25 per cent: Lincol
county, Washington. 6 per cent road
bonds, issue of $13,000, due seriall
from 1921 to 1926, priced to yield 5.3
per cent; an issue of $50,000 Hot
Springs county, Wyoming, 6 per cen
high school district bonds, due Feb,
ruary 1, 1945, but optional after 1930
offered at a price to yield 5.5 per
cent; an issue of $40,000 Enterprise
irrigation district, Klamath county
Oregon, 6 per cent bonds, due serially
1625 to 1935, offered at par to yield
6 per cent.
to
BOY NEARLY SUFFOCATES
Indian I. ad Goes to Sleep and Oi
Stove Fills Room With Smoke.
DALLAS,- Or., March 21. (Special.)
Orvil Bensall, an Indian lad who
ran away from the Chemawa schoo
several days ago, nearly met dea
last night by suffocation in the Polk
county jaiL
The lad had prepared his supper on
an oil stove kept in the bastile for
the use of prisoners and had put on
pot or beans to cook lor future use.
He evidently fell asleep and the oil
leaking caused the stove to smoke.
An alarm of fire was turned in and
the building entered by City Marshal
Bevens, who had quite a time drag
ging the nearly unconscious lad from
the cell on the upper floor to the
basement, where the fresh air revived
him. No damage was done to the
building.
RAYMOND GETS CANNERY
Commercial Club Favors Project to
Be Started at Once.
RAYMOND. Wash., March 21.
(Special.) The committee appointed
by the Raymond Commercial club to
determine the feasibility of the pro
posed frutt cannery here has re
ported favorably and organization
plans have been perfected. The can
nery will be established as soon a
the committee can procure the neces
sary equipment and have it installed.
A number of farmers in the Willapa
valley as far east as Frances have
expressed themselves in hearty accord
with the plan and have guaranteed
their entire output of berries to the
local Industry.
Phone your want ads to The Orego-
nian. Main 7070, A 6u95
LIMBERMKXS TRUST COMPANY
ADDS NEW CASHIKR TO STAFF.
T. C. Malpas. manager of the local
branch of the Canadian Bank of Com
merce, announces that a branch of
that bank was opened in Havana.
Cuba. March 15, and another branch
will be opened shortly in Kingston,
Jamaica.
Mr. R. M. Fox, treasurer of G. E.
Miller & Co., bonds. Northwestern
Bank building, has Just returned from
an extended trip throughout the en
tire eastern section of the United
States. During this trip, Mr. Fox
made a special point of visiting large
manufacturing and financial Institu
tions. It was his observation that
conditions in the financial and manu
facturing center of the country have
ecome greatly stabilized within a re
cent period. Manufacturing indus
tries report a volume of business
which exceeds anything heretofore
experienced and there is every indi
cation that this general condition will
obtain for a period of three or four
years.
Bonds Selt Rapidly.
E. L. Devereaux & Co. report that
the syndicate offering of the Con
sumers' fower company bonds and
V fa I
The enormous volume of business
transacted by the federal farm loan
bureau since its organization to th
end of February, 1920, is shown in
statement issced by this branch of
the treasury department. A total
of 254,980 loans have been applied
for in the 12 districts aggregating in
amount $740,154,662, and of this num
ber there were approved 177,157, o
the aggregate amount of $537,809,147.
The Spokane land bank has received
a total of 33,453 applications, reduced
by cancellation and rejections to
25.016. The net loans approved for
this district was 18,131 of the value
of $47,263,645, and the loans closed
number 16,450 amounting to $44,430,
300. In the 12 districts into which the
country is divided 3599 loans bare
been paid off by the borrowers.
During the month of February an
aggregate of $16,572,845 was loaned to
4158 farmers of the United States by
the Federal Land banks on long-time
first mortgages according to the
monthly statements made to the farm
loan board. The Federal Land bank
of Omaha leads in the amount of
loans closed, the same being $3,960,-
000, the Federal Land bank of St
Paul following with $2,114,800. The
other banks closed loans in February
as follows: Louisville. $1,765,000
Houston, $1,613,995; St. Louis, $1,417,-
200; Wichita, $1,211,100: New Orleans,
$1,115,850; Spokane. $1,074,900; Co
lumbia, $835,950: Berkeley. $521,600
Baltimore, $507,300: Springfield, $434,
550. '
During February 5250 applications
were- received by the 12 banks, asking
for $19,9S8.127, and during the same
month 4314 loans were approved by
them amounting to $14,161,536.
on icoruary 28. 1920, there were
operating in the United States 3977
farm loan associations, and the total
mortgage loans made by the Federal
Land banks through these associa
tions to 122,055 farmer-borrowers as
of that date, amounted to $335,018,-
076. Deducting from this amount the
loans paid off in full by borrowers,
to wit, $8,835,900, the grand total of
loans now in force is distributed
within the Federal Land bank dis
tricts as follows:
St. Paul ..$44.43n.3nnlrJouisviIle..$24.2fiS.S00
umana ... i.-.ni t.u,, Orleans. ,4.-fl'.HOo
Spokane .. 42.20,30 Columbia . J7.734.7S5
Houston .. 3i,fti4,78l!Berkeley . .. 14,67400
Wlrhlta .. 27,LM,f00!RaItimore.. 13.2t5.100
St. Ixiuis .. i'j.luu.tiSOiSprintjrield. 12,558,790
Up to February 28, 1920, interest
and amortization payments due by
borrowers to the Federal Land banks
amounted to $20,143,630.13. Of this
amount all but $266,649.83, or 1.3 per
cent had been paid, andj of this sum
$127,749.24 represents delinquent in
stalments maturing during the month.
REV. SAWYER IS HONORED
PORTLA"J PASTOR TO DELIV
ER ADDRESS IX IiOXDOX.
Coming Anglo-Saxon Alliance" to
Be Toplo In World Federa
tion, July 3 to 6.
An address on "The Coming Anglo-
Saxon Alliance." by Rev. R. H. Saw
yer, pastor of the East Side Christian
hurch of Portland, and the singing of
My Own United States' " by his
aughter. Miss Jessie Lynne Sawyer,
will be features of the convention of
the British Israel World Federation
o be held in London. July 3 to 6 in
clusive.
At the close of the morning services
of Mr. Sawyer's church yesterday,
H. L. Ganoe, one of the elders of the
hurch presented the matter of Mr.
Sawyer's invitation to be one of the
speakers at this convention and a
leave of absence for July and August
was unanimously granted the pastor.
Mr. Sawyer and his daughter will
leave Portland early In June and will
sail on the Mauritania, June 12.
Several weeks ago Mr. Sawyer ac-
epted an invitation extended by stu
dents and writers on Biblical prophecy
of Boston to deliver a series of lectures
there and he was about to start east
to fill this engagement when the In-
itation came to speak at the London
meeting. He plans now to deliver his
lectures In Boston on his return from
London. Mr. Sawyer is a contributor
to the Watchman, a Boston publica-
on devoted to establishing the iden-
ity of the Anglo-Saxon people today
ith the ancient people of Israel, the
ten triebd kingdom of people separate
nd distinct from the Jews. Hla wnt-
ngs on this suDject mciuae xne
British Lion in Prophecy," "The Stone
of Destiny," and "America, the Heir
of the Ages."
ciaL) Officers were elected as fol
lows for the ensuing year by the
Columbia river presbyterial at their
convention in Kelso: Mrs. Hughjtlc
Masters, Camas, president; Mrs. W. J.
Sharp, Centralia; Mrs. T. D. Atcheson,
Chehalis; Mrs. C B. Latimer, Ray
mond; Mrs. James Edgar, Camas; Mrs.
A. M. McLean, Ellsworth and Mrs.
James MeClure, Ridgefield, vice-presidents;
Mrs. N. L. Witherow, Centra
lia. recording secretary; Mrs. E. P.
Jenkins, Kelso, corresponding secre
tary; Miss Fannie Andrews, Van
couver, treasurer; Mrs. J. R. Montfort,
Chehalis, missionary education, and
Mrs. Charles H. Olson, Kelso, young
people's society.
"SLEEPERS" FOUND HERE
Herbert Tost, ex-Citr Motorcycle
Expert, Seriously III.
Herbert Tost, who was employed
for some time by the city as expert
motorcycle mechanic, is seriously ill
with sleeping sickness and is at the
home of his mother,. Mrs. R. H. Crad-
dock. 326 East Forty-fourth street.
Mr. Yost has been suffering from
the sickness for three weeks now. He
was reported to be resting well yes
terday but his condition was consid
ered serious.
The case of Mr. Tost Is unlqne
among the cases of that disease in
the city in that it seems to be ac
companied by spinal trouble. During
his conscious moments, he is said to
suffer severe pain. He is attended
by Dr. Laurence Selling.
Mr. Tost was a sergeant in the 4th
engineers during the war.
John P. Plagemann. of H. Liebes
Sr. Co., who is suffering from sleeping
sickness at his home, 895 Marcia
street, was reported to be resting
about the same yesterday. He has
been suffering from the disease for
six weeks now.
ROSEBURG CLEARS AISLES
Xew Ordinance Affects Theaters,
Churches and Public Buildings.
ROSEBURG, Or., March 20. (Spe
cial.) Loose chairs, or obstructions
will not be allowed in any of the
theaters, churches or public buildings
of the city, according to the terms of
an ordinance, passed after consider
able opposition, by the city council.
The ordinance also prohibits people
from standing in the aisles or in the
rear of the theaters1 or other public
places, and limits auditoriums to the
actual seating capacity. On account
of the clause including churches,
there was some opposition.
UMATILLA FACES DROUTH
River Dry Most of Spring and
Snowfall in Mountains Is Light.
UMATILLA, Or., March 21. (Spe
cial.) The farmers of the west ena
of Umatilla county are beginning to
nticlpate a water shortage for irri
gating purposes 'during the summer.
The Umatilla river has been dry
most of the spring, and news has
been received that there is little snow
in the mountains.
SCHOOLS ASKF0R CASH
Special Election to Be Held in
Dallas April 12 to Raise Funds.
DALLAS, Or., March 21. (Special.)
The board of directors of school dis
trict No. 2, in which the city schools
of Dallas' are located, this week de
cided to hold a special school election
April 12 for the purpose of raising
more money for carrying on the
school work for the coming year.
The object of holding the election
Lpitl ID)
um
FREE FROM ALL DOMINION GOVERXME-VT TAXATION
ayaMe in Geld Coin
The opportunity to Invest funds In Municipal Bonds that will yield 1Vt coma
seldom. Only through present International conditions and a force of many
favorable circumstances are we able to offer clients and Investors these most
desirable bonds upon such a high Interest yield basis. They are payable In GOLD
COIN of the United States In New York or at the quarters of Morris Brothers, Inc.
More-attractive bonds are not obtainable. Telephone or telegraph orders at our
expense.
DEFrviTK BONDS OX HAND READT FOR DELIVERY
DO NOT DELAY! These offerings will only
last a few days and cannot be duplicated.
Rate
4,000 Calgary, City of. Alts-, School 4H
IS.000 Calgary, City of, Alta., School hi
2,000 Calgary, City of, Alta., School 4H
3,000 Calgary, City of, Alta., School 4
1,000 Edmonton, City of, Prov. of Alta... 6
20.000 Edmonton, City of, Prov. of Alta... 6
22.000 Edmonton. City of, Prov. of Alta... 6
1.500 Edmonton, City of, Prov. of Alta... 6
1.000 Fort William, City of S
24.333 Fort William. City of j 5
8,000 Lethbridge, City of i
6,000 Lethbridge. City of . . .6
12,000 Medicine Hat, City of .6
13,000 Medicine Hat, City of &
6,000 Montreal, City of, Prov. of Quebec. 6
42,000 Moose Jaw, City of B',4
1,000 New Westminster, City of 6
23,500 North Vancouver, Cltv of 6
2,000 Point Grey, Municipality of B. C...6
2,000 Point Grey, Municipality of B. C.S
1,000 Point Grey, Municipality of, B. C...6
2,000 Point Grey, Municipality of B. C...5 .
2.000 Point Grey, Municipality of B. C...5
Maturity Pr. Tld.
Feb. 1924 3.2 7.60
Feb. 1926 S0.27 7.60
Feb. 1928 87.59 7.60
Feb. 1930 85.20 7.60
MAS 1920 99.30 7.60
FA A 1924 94.89 7.60
M&S 1939 84.79 7.50
J&D 1954 69.34 7.60
F&A 1922 96.79 7.60
F&A 1934 78.71 7.60
F&A 1924 95.0$ 7.60
Feb. 192S 97.36 7.60
J&D 1943 72.72 7.50
J&D 1944 72.29 7.50
M&N 1923 95.94 7.60
J&D 1939 79.84 7.60
J&J 1923 96.75 7.50
J&D 1922 96.34 7.60
F&A 1928 84.72 7.60
F&A 1929 88.44 7.50
F&A 1930 82.25 7.50
F&A 1931 81.14 7.50
F&A 1932 80.11 7.50
Rate
S.000 Point Grey, Municipality of. P. C...5
3.000 Point Grey, Municipality of, R a.. 5
1.000 Point Grey, Municipality of, B. C...5
1,000 Prince George. City of, Pr. of B. C.
62.000 Regina, City of, Prov. of Sask.
2.000 Regina, City of, Prov. of SasJc 4fe
2.000 Regina, City of, Prov. of Bask 6
6.000 Saskatoon, City of, Saskatchewan. .6
6.900 Saskatoon. City of, Pr. Saaks, cl..6
14.000 St. Boniface. City of t
74.800 St. Boniface. City of.., ..
11,000 St. Boniface, City of 6
6.353 Vancouver, City of. Prov. of R C...4H
6.813 Vancouver, City of. Prov. of H. C..1
10.000 Vancouver. City of, Prov. of R C...4V4
1.000 Victoria, City of. Province of B. C...6
1.000 Victoria, City of. Province of B. C...6
13.000 Victoria. City of. Province of B. C...4
2.000 Victoria, City of. Province of R &..4H
1,000 Victoria, City of. Province of B. C...4 4
6.000 Victoria, City of. Province of B. C...6
26.000 Victoria, City of, Province of II. C.5'4
6,000 Victoria, City of. Province of B. C..6V1
Muturitv Pr. Tld.
KA 13 78 IT 7 66-
FA A 1!26 76 68 7 66
FA A 19.18 75 t 7.66
MAN 1934 feft.M 7.60
M-S 1923 96.03 7.60
JiJ 1924 M.26 7.60
A&O 1928 85.16 tt
JA.T 1941 72 69 7 66
JJ I960 12.31 1.64
JA.I 1936 77.KJ 7.66
MA M 1943 72 64 7
J&J 1945 72 06 7.50
J&D 19:3 906 70
FA A 1923 117 7 60
JA1 10 J 3 91 69 7 60
MAS 1911 97.91 7 60
MAS 1923 96 64 7 66
JAJ 19;j 91 Tl 7 66
J&J 1928 92.67 7 66
JAJ 19: 97.01 7.60
MAS 1928 91 17 7 b
AAO 1939 79 64 7 60
A&O 1940 79.lt T.69
BURGLAR AND FIRE-PROOF SAFE DEPOSIT BOXES FOR RETT
MORRIS BROTHERS, Inc.
Telephone: Broadway S15t
THE PREMIER MUNICIPAL BOND HOUSE -
Morris Building, 301U11 Stark Street,
CAPITAL ONE MILLION DOLLARS
Between Fifth aid Sixtk Streets
Established Over a Quarter Oafary
at this time is to know at the close
of the present school year what sal
aries can be paid the teachers. The
tax to be voted as outlined in a bud
get prepared by the directors will
raise S24.300.
TOURIST HOTELS CROWDED
Enelish Papers Warn Against
; American Tourist Invasion.
WASHINGTON, March 21. Ameri
cans planning to visit t-ngiana are
advised to make arrangements for ho
tel accommodations in London and
also ascertain hotel rates in ad-vance
In a consular report received by the
state department.
English newspapers have spread ru-;
mors "that 100,000 rich Americans are
anxious to invade London, the mes
sage said.
LIVES TO 100; NOW ILL
Hale Centenarian Making Brave
Fight Against Disease.
MIDDLETON, N. T, March 21.
(Special.) The case of John Valen
tine Of Goshen, who was lvv years
old in February, is regarded as a most
remarkable one. He suffered a
stroke of paralysis a week ago, be
coming unconscious. In which state
he has since remained. The lasi
nourishment of any kind which he
has taken was a week ago Thursday
evening. Despite these facts, the
Presbyterial Elects Officers.
KETO. Wash., March 21. (Bpe-
MUNICIPAL BONDS
The investor seeking general obligation bonds to yield an
average of 5 or better, will be interested in our list.
Following are a few of the issues offered:
Due, Yield.
10,Q0O Liberty Joint Stock Land Bank 5s 1939 6.00
425,000 City of Tacoma Refunding 5s 1925-39 5.10
5,000 Chelan County, Washington 5s WatS- 5.25
32,000 Morrow County, Oregon 5s 1929 5.25
10,000 Payette Highway Dist No, 1, Idaho, 5s 1933-35 5.40
10,000 Port of Astoria, Oregon, 5s 1930 5.50
Blyth. Witter. & Co.
UNEEB SEMES GOVEKMITT MffiCOEAL AKD C0RPORAJ3O5 SQNDS
YEON BUILDING POET LAND, OREGON
Telephone: Main 3304
Sn Francisco '. New York Seattle Lo Angelea
man's pulse remains strong and there
is a possibility that he may emerge
from his unconscious state.
Valentine, who lives at the home
of his son-in-law and daughter, Mr.
and Mrs. Henry Sinssbaugh, has been
a remarkable man all his life. Until
a few days ago he was able to be
about and shaved himself twice a
week, rather than run the risk of
having a barber touch his face. A
celebration was held on his 100th
birthday.
AID GIVEN BOLSHEVISTS
Norwegian Proclamation by Trans
port Workers Is Adopted.
CHRISTIANA. March 21. A pro
test against the attempts of "interna
tional capitalism to overthrow the
Russian government" is contained In
a resolution adopted by the interna
tional transport workers' congress
here.
A proclamation adopted appeals to
the world labor movement to "follow
up its historical mission by Interna
tional proletarian action for the over
throw of capitalism."
Phone your want ads to The Orego-
nian. Main 7070, A 6095.
G.E.M'LLER COMPANY
BONDS AND
INVESTMENTS
THE STORY
OF THE
$100.00
Will Surprise Yon. .
Here In What It Will no in 20 Years
if Vol Invest It 1b One Share of
LIBERTY AND VICTORY BONDS
If yen moat sell ymir Utortr or Vlrlorr ItomU, Sell ta m.
If J-u ran buy more liberty r Irlurjr boai, bur (roat um.
On Saturday. March SO. th. rloalns Nw York market price .r a. ftw,
below. Thr are th. a-overolna; pru-'a for Lln.rtv and Vlitory bond all ov.r
the world, and the high. ml. We advert tae th... pru. daily In ord.r that you
may alwara know the New York markat and the aiact value t your l,ib.rty
and Victory bonds,
1-t l.t 2t lat ?d ta 4'h vtrtarr
S 4. 4. 4V, ',. 41.1 4V a
siarx.t svi.no 190 40 i 00 :mi 70 n .is U2 4 4 $! M $11; :,n $:; 44
ubcfovb .... ..j i.tn i.iu j. in 1.4.1 .OT l.a 1.00
I 2
t 74
Total... 7.S I1.4. $9040 $fll S fun 84 $fl: (VI IIII.4 $! 110
WhlO buvlna- m-a d.durt on l.'iO tvnnd and Ml hit An a I fUMi K..n
Wo sell at the New York market, plua Ilia irrrurd Intrr.at.
Bnralaw and Klr-proof Mb fa Pepoalt llot.a for Rrnt.
Opra I nul S 1. .NL. m rvnuird a.
MORRIS BROTHERS, Inc.
The Pr-mlrr Mnnlrlpol Bond Iloltao alliU On. Mllllna ItolLan.
Morria Hullilln. X-H Mark btrrr. Ilrt. Fifth and With.
TKLKTHONKi HKOAIIWAV 151 KMalili.hnl Ovrr a (aarUv Omlurj
TO YIELD
1W
W own and offer:
$200,000
FOSTER
AND
KLEISER
COSIPANY
PREFERRED STOCK
And DrpOMit llivldrnda la Savlag
Bank With Interest at 4V Com
pounded Seml-Annaally.
"WATCH YOUR SAVINGS CROW."
First Year Dividend .
Int. Cons. .. - -. . .
T.00
.17
Fifth Year Account Stands.,
Dividend. .
Int. Comp.
7.17
. 30.40
7.00
1.41
City of Edmonton
(Capital of the Province of Alberta)
Ten-Year Gold Bonds
DATED October 1, 1919
DUE October 1, 1925
Tax exempt in Canada. Principal and srmi-annual interest
April 1 and October 1 payable in United States Cold coin in
New York City or through our office at Portland. These bonds
are the direct tax obligation of the City of Edmonton, popu
lation 60,000, capital of Province of Alberta.
5y2 gold bonds at 86.58 to yield
Wire orders "collect."
Descriptive circular sent on request.
S SMXS
Fifteenth Year Acrt. and Int.. . I4XI)
Twentieth Year Aert. and Int. .9314.37
Stock Redeemed at 110.00
debentoree are being- taken up readily I United States National bank.
C. M. Dyrlond.
Announcement has just been made
of the election of C. M. Dyrlund to the
position of cashier of the Lumber
mens Trust company, succeeding Ira
Walker, treasurer, who has been
transferred to Seattle as senior exe
cutive officer for the Puget Sound
district.
The' election of Mr. Dyrlund Is the
first etep in the enlargement of ac
tivities indicated In the lease of the
entire ground floor of the Beck build
ing in preparation for the expansion
of the Lumbermens in the bond and
trust field. Mr. Dyrlund is . well
known In financial circles both here
and in the east. He has been with
the Guaranty Trust company of New
York and was formerly with the old
Lumbermens National bank and was
for a time assistant cashier of the
Trade With the Orient
With correspondents of the highest 6tanding in China, Japan,
India, and other countries of the Orient, and branches in all
the principal ports on the Pacific Coast of North America, this
branch is excellently equipped to serve the interests of the gicm
ing trade with the Orient.
The Canadian Bank of Commerce
Fourth and Stark Streets, Portland, Oregon
Four hundred and eighty-five Branches in Canada, o Branches
in London, England; Mexico City, Mexico; Havana, Cuba; Kings
ton, Jamaica other Branches will be opened shortly in Central
and South America and British West Indies.
PRICE TO YIELD 25
WE OWN AND OFFER
$510,000
SHORT TERM
GREATER VANCOUVER SEWER DIST. 5's
THESE BONDS ARE A GENERAL OBLIGATION ON THE ENTIRE
SEWER DISTRICT WHICH INCLUDES VANCOUVER, POINT
GREY, SOUTH VANCOUVER AND BURNABY, THE ASSESSED
VALUATION OF WHICH IS $221,231,000 AND ITS NET BONDED
DEBT IS ONLY $3,010,000. IN ADDITION THIS ISSUE IS
SECURED BY BONDS IN THE AMOUNT OF $725,000 THAT ARE
UNCONDITIONALLY GUARANTEED BY
THE PROVINCE OF BRITISH COLUMBIA
Dated Mar. 8, 1920. Due Mar. 8, 1923
Denominations $1000, $500, $100
Principal and Int. Payable in U. S. Cold Coin '
Order by Wire, Phone, Letter, or Call
jjumber m
ru
sr"(To.
SauYn-avnc&eo
Bonds -Trusts- Acceptarvces
Capital Mt surplus gboo.ooo
Lumb-rmna BW.
Porlarui. Oreoon.
Under Supervision Banking Dept., State of Oregon
Seattle
324.37
.aak re for Detailed Information,
G.E.MILLER
&. COMPANY
CORPORATION LJwllLJ
TELEPHONE AAAIIM
04 56 Northwestern ank 5uildvn
PORTLANO.OREGON
fMTuaa
'atactic
Freeman Smith a Camp Col
second rvoon
NORTHWESTERN BANK BUILDINd
Main 64
1
The Right
Structure on the
Right Property
is the first funda
mental in planning
and erecting business
and ether income-producing
buildings.
It is our buse.a
to know not guess
Strong 6 MicHairihton
CITY OF VANCOUVER
(Province of It rill. a Columbia)
DIRECT OBLIGATION BONUS TO YIELD
"First choose
your bond
house and
then your
Bond."
i ..... d n
Get your
Name on
Our Mailing
List for
"Better Bonds"
IU K DKCKMRKK,
Denomination 1IHI IH.1
Principal and Seml-Annual Interim l'ayabl In Gold In New Tork,
I,ondon pnrt In Canada.
tovzxmzirt MJrx-irAL akx conrvmjxwm Iirarrlnilv
rrTH BONDS Mfrff.
Price fOO.M
Iatcreat.
BONDS MORTGAGE LOANS INSURANCE
O. W. T. MUELLHAUPT & CO.
nXATfC'IERS, GENERAL ISSt&AXCK.
FOR SALE
Paying Taxicab and Auto Business
. APPLT FOR FARTICrLARS.
IU ft. Han Bnk Vide
I'd, laniiaaj MM,