THE MORNING OREGOXIAX, TUESDAT, JULT G, 1920
21"
INDUSTRY PLEASED
BY BOTH PLATFORMS
Spokesman Says Both Par
ties Grant Demands. .
BUSINESS MEN ELATED
ers' association, acted as spokesman
for the national association.
The charm of the Columbia river
highway was shown to Mr. Edwards
yesterday afternoon, when he was the
guest of Thomas McCusker, secretary
and manager of the Industrial asso
ciation of Oregon. Mr. Edwards left
last night for Seattle and will start
tomorrow for New York city.
GRINNELL
NEW GRADER IS INVENTED
Hood River Orchardist Makes Ma
chine That Appears Effective.
HOOD RIVER, Or., July 5. (Spe
cial.) Timothy Newell, upper valley
J. M. lOdwards, of National Asso
ciation of Manufacturers,
Visits in Portland.
Recognition of fundamental con
tentions urged by representatives of
American industries has been gained
in both the republican and demo
cratic platforms, according to D. M.
'Kd wards, representative of the Na
tional Association of Manufacturers.
The plank adopted in the platforms of
both national parties, while not all
that was sought, conforms substan
tially to the demands presented
through the National Association of
Manufacturers, said Mr. Edwards.
Mr. Edwards spent yesterday In
Portland, coming here from San Fran
cisco, where he, -with other repre
sentatives of the association, appeared
before the democratic platform com
mittee and presented their views.
"The democratic platform, while
rerhaps not as far-reaching as the
platform adopted -in Chicago by the
republican party, recognizes indus
try's decires in its most important
rhase, namely, that public interest
must be held paramount," said Mr.
Edwards, "and ihat the right to strike
or lockout must be defined and lim
ited wherever it conflicts with the
community's right of self-preservation.
In the platform it is rightly
contended that neither employer nor
employe should take action jeopard
izing public welfare.
Forty Pledged to Mediation.
"In the case of government service,
the platform recognizes the right of
the people as paramount to the right
to strike. Pledge is made that an
effort will be made to settle all in
dustrial differences through media
tion.
"The democratic party pledges itself
to contrive, if possible, and put into
effective operation a fair and com
prehensive method of composing dif
ferences that endanger the health and
lives of the people. It also holds with
Industry that foreign trade should
be greatly encouraged instead of dis
couraged. It harmonizes with indus
try's desires regarding taxation, de
claring that the present system,
devised under imperative emergency,
should be revised.
"It likewise recognizes industry's
ambition that this country shall have
a real merchant marine which will be
a credit to the country, one built in
American yards by American workers.
flying the American flag and operat
ing under proper laws.
Manufacturers and business men
representing 600 firms and 6,000.000
employes, affiliated with the National
Association ot Manufacturers, are
elated over the success attained in its
entry into national politics, said Mr.
Edwards. At Chicago, tho framers
of the republican platform adopted
many suggestions offered by Amer
ican industry, recognizing that pro
tection and encouragement is due to
American industry and business.
Industry la Political Factor.
The entry of organized industry
Into the political arena on a strictly
non-partisan basis was started by
Charles W. Crane of New York city,
a member of the National Association
of Manufacturers. He wrote to the
association asking the general ques
tion: "What do you think of the
submission to the two dominant po
lltlcal parties of a platform for Amer
lean industries?"
Although the suggestion was not a
new one, it was believed by directors
of the association that the time to
obtain an answer was as hand. After
writing and securing answers from
the editors of several hundred news
papers, including republican, demo
cratic and Independent journals, an
swors which indorsed the plan of
placing industry's needs in the plat
forms of the political parties, th
manufacturing association in each
state was requested to appoint a com
mittee of three, irrespective of asso
ciation affiliation, to meet in New
York city to draft the industrial
planks.
Kitty-eight men gathered in New
York, representing 26 states, in per
son. Other states, unable to sen
delegations, appointed committees t
sit in their respective localities an
act on the platform after it was
adopted. . In Portland. Bert C. Ball,
president of the Willamette Iron &
Steel company; B. T. McBaln, assist
ant manager of the Crown-Willamette
Paper company, and A. C. Dixon of the
Booth-Kelly Lumber company were
appointed.
Itotn Parties Represented.
According to Mr. Edwards, there
were present at the platform meeting
manufacturers in all lines, lawyers,
army officers, engineers, members of
the republican party and members of
the democratic party. The session
was open to the public.
At the conclusion of the conference,
the general committee appointed a
committee on final draft, of which
A. L. Humphrey of the Westinghouse
Air Brake company was chairman, to
draft the preamble and nine planks on
government and industry, regulation
of combinations, private employment
relations, taxation and finance, trans
portation, immigration, merchant ma
rine, foreign trade and war bonus.
At both conventions John M. Glenn,
secretary of the Illinois Manufactur-
4. $ -
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D. M. Kd wards of lew York.
City, who conferred with Ore
- j?on manufacturers yesterday,
orchardist. for the past several days
nas created interest among orchard
ists with a new fruit-grading ma
chine; on which he has worked dur-
ng spare time the past winter.
The new grader has an automatic
feeding device. The apples are car
ried to aluminum scoops, at the end
of which lead weights are attached.
by rollers operating under a netting.
i ne action of the rollers turns each
apple over several times tinder the eye
of the grader, who is thus able to
detect any blemish. Extra fancy
apples are never touched by the hand
of graders. The fancy fruit is placed
on an endless belt and carried to the
opposite end of the machine from the
feed hopper, where it is fed on the
aluminum scoops on the return trip.
The machine of ordinary size is not
made for sizing C-grade product, but
section can be attached for this
grade.
Mr. Newell has also perfected
wiping machine, which may
tached to the grader.
be at
COLLEGE WILL EXPAND
Waldo and Cauthorn Halls Are to
Bo Improved.
OREGON AGRICULTURAL COL
LEGE, Corvallis, July 5. (Special.)
Extensive plans for improvement of
Waldo and Cauthorn halls of resi
dence for young women in the college
nave oeen approved.
New equipment will be installed in
the kitchen at Waldo hall and
second dining room will be provided
in tne nortnwest corner "br the base
ment, or iirst rioor, witn accommo
dations for 100 students. It will do
away with the crowded conditions
which prevailed last year and will
make the cafeteria system unneces
sary.
Additional bathing facilities will be
provided in both Waldo and Cauthorn
halls. Various other improvements
will be made in Cauthorn hall, includ
ing an extension of the laundry equip
ment.
i . . I
When the
Fire Sttrtt
the Water
Sum
When the Fire Starts
That's the time to pat it oat.
If your business place is pro
tected with GrirmeU Automatic
Sprinklers your fire wutiy is over
when the fire starts, the water
starts.
. In over 20,000 fires reported,
the average loss under GrinnelTs
has been only $370. a reduction
of 961 from the lowest business
losses prior to their invention!
Fire proof your business with
GrinnelTs.
GRINNELL COMPANY
or The Pacifto
T517 L. C. Smith Bo&fing
Scarrle, Waalnugtao
FACTS NO. 537
AN ESSENTIAL INDUSTRY
pOAD work is an essen
tial industry an im
portant business. It is not
enough that the farmer
raises a bumper crop. That
is only part of the work.
Distribution enters largely
into the proposition, and
this entails roads and high
ways paved with
WARRENITE
BITULITHIC
WARREN BROTHERS
COMPANY
far this season, the superintendent of
the plant announced this morning. Of
the total number caught, 27 have been
brought in by the Moran, 26 by the
Westport and 24 by the Aberdeen
Two of the catch were sulphur-bot
tom whales, the largest variety
known.
Despite the absence of the whaler
Patterson, sent last year to Alaskan
waters, leaving only three vessels
operating from the Bay City station,
this season's catch is greater than
that of the corresponding period last
year. The season will close about
mid-October.
WIRES CAUSE TROUBLE
Ordinance Would Require Raising
of Iines Several Feet.
KLAMATH FALLS, Or., July 5.
tspeclal.) Telephone, telegraph and
power companies will be forced to
spend thousands of dollars in chang
ing their systems if the proposed city
ordinance requiring all wires to be
placed at a height of 22 feet above
the ground is passed, says E. T. Lud
den, local manager of the Pacific
Telephone & Telegraph company.
Controversy started when the com
panies secured passage of an ordi
nance placing the coct of cutting or
raising wires to permit moving of
buildings upon the house mover. The
ordinance was vetoed by Mayor Stru
ble on the ground that a majority
of wires were not at the height re
quired by -statute. Then the house
movers scored a victory in the intro
duction of the pending ordinance with
the 22-foot requirement.
MAKE TALKING MACHINES
Phonographs Turned Out by Agri
cultural College Students.
OREGON AGRICULTURAL COL
LEGE, Corvallis, July 6. (Special.)
Six students in mill work at the col
lege will each have a talking machine
to show for their efforts at the close
of the summer session.
Talking machines of a type which
ordinarily retail at S125 are being
produced for S45 by the students,
Honduras mahogany wood is being
used for the cabinet, while the motors
are being purchased from a phono
graph manufacturing firm. The ma
chines are expected to be fully a
attractive as designs seen in music
stores.
Portland Clerk Is Hurt.
ASTORIA. Or., July 5. (Special.)
Thomas A. K. Ryan, a clerk in th
Wright Shoe store at Portland, suf
fered a compound fracture of his left
leg below the knee last evening, when
77 WHALES SEASON CATCH
Three Vessels Operating From Bay
City Pass Last Year's Record.
ABERDEEN, Wash., July 5. (Spe
cial.) The catch of the whalers
Aberdeen, Westport and Moran, op
erating from the Bay City station on
Grays Harbor, has been 77 whales o
HALL & COMPANY
BUT AND BELL
Railroad
Public Utility
Industrial
Municipal
BONDS
1 YIELDING
5 to 7
Foreign Government Loans
Local Securities
Preferred Stocks
Lewis Bldg., Portland, Or.
Americans
Traveling To Europe:
This Is Important To You
A special European service has been inaugurated by the Bankers
Trust Company to accommodate travelers carrying "the best
funds for travelers":
'ABA'
American
Bankers
Association
Cheques
By this service it is possible on arrival in Europe to Exchange
"A. B. A." Cheques purchased in America for other "A. B. A."
Cheques stamped with the equivalent in sterling, francs or lire,
based upon the exchange rate of the day the Cheques are ex
changed, thus giving the traveler the advantage of the best rates
the market allows.
"A. B. A." Cheques are safe because, if not countersigned by the
rightful owner, they cannot be used by anyone else in case of
loss or theft.
They are accepted readily in payment of bills at hotels and shops
and in purchase of transportation tickets in any civilized land.
"A. B. A." Cheques may be obtained at nearly
any prominent American of Canadian bank,
BANKERS TRUST COMPANY
New York City
Paris, France
3 and 5 Place Vendome
16 Wall Street
5th Ave. at 42nd Street
he was struck by an automobile
driven by Ivan Samuelson, of this
city. The accident occurred on the
Columbia highway near Svensen.
Ryan, who was motoring to Seaside,
was returning to his car from a road
side store when struck.
FOSSIL CHAUTAUQUA OPEN
Six-Say Meeting Begins With Rec
ord Attendance.
FOSSIL. Or.. July 5. (Special.)
The 'six day Chautauqua opened Sa
turday morning with a record attend
ance. One feature that helped increase
the attendance is the Interest the
Woman's Welfare Club has taken in
providing camping grounds with all
facilities. They have also canvassed
the town for rooms in private fam
ilies for those desiring euch. The
greatest attendance was today when
the American Legion, assisted by the
Auxiliary, served free dinner at a beef
barbecue to 500 people.
Another event, greater in Import
ance to many, will be July 7, when
W illifltn .T Rrvnn lt Rchediilad to
I speak. The business men are mak-
ing arrangements to entertain the
distinguished guest at a banquet after
the evening's program.
HOQUIAM. Wash., July 5. (Spe
cial.) The Chautauqua held in Mon
teaano the past week was a success
financially. The committee paid
$1200 for the entertainment and has
$200 left to apply on next year's chau
tauqua.
Tests made in England of radium
as an aid to plant growth have shown
that it ia most effective when used in
the proportion of one-seven-hun-
dredths of a gram to a ton of soil.
EARNINGS AND DIVIDEND RECORD
GOODYEAR TIRE & RUBBER COMPANY
AKRON, OHIO
FOR THE PAST TWELVE YEARS
I Cash Dividends Stock Dividends
1
Preferred Rate Common Rata
1907-08 $ 120,925.26 $ 10,308.00 1
1908- 09 651,687.49 17,619.92 6 $ 49,200 .00 -lOO $ 400,000.00
1909- 10 1,406,104.69 43,033.84 12 120,000.00 100 1,000,000.00
1910- 11 1,291,624.66 70,000.00 12 274,092.00
1911- 12 8,001,294.71 139,604.65 12 603,192.00 IPO 2,329,100.00
1912- 13 2,041,368.08 350,000.00 12 604,056.00
1913- 14 3,391,165.16 431,666 67 12 958,933.20 20 1,006,620.00
1914- 15 6,137,082.69 469,583.33 12 727,248.00
1915- 16 7,003,330.09 764,239.28 12 1,261,332.00 100 8,427,000.00
1916- 17 14,044,206.10 1,499,039.67 12 2,228,342.40
1917- 18 15,388,190.74 1,693,328.01 12 2,451,816.00
1918- 19 23,277,245.29 2,778,530.74 12 2,488,605.00
tl919-20 11,187,705.23 1,625,526.48 12 1,245,840.00 150 31.131,600 .00
Will v
Finance
Corporations
Corporations requiring from
100,000.00 to $1,000,000.00 can
secure additional working capi
tal through the sale of its treas
ury stock. We operate on com
mission basis only. . Corpora
tions having 200 or more stock
holders considered. No attention
will be given unless the approx
imate number of stockholders
is stated in reply. No promo
tions. E. M. Cassel c Co.
SOA Wllfi Tlnlldlne,
I.OS AMUEtES CA Li.
The rapid growth of
the company's prosperous
business made necessary
the improvements paid for by its
- 3 Year 7 Gold Notes
Share in the. profits of the
Portland Union Stockyards Co.
by- investing in these
notes at 100 to yield
OnlySSO.OOO
of the original issue of
$175,000 remains.
Ho
Bonds in 'denominations of $100, $500, $1000
Int. semi-annually. Maturity July 1, 1923. '
iMoeniijeisnM
Undor- Supervision Orogcm slain naalirng DepartauotL.
BONDS TRUSTS ACCEPTANCES
Lumbermens Bids
DcIarad payable) July 1. 1920. fSix months.
Earnings for past twelve years applicable to cenraom stock after payment of pre
ferred dividends have exceeded an average of 54 pr annum on commoa stock out
standing. THE combination of investment security and highly profitable return
to stockholders of the vGoodyear Tire & Rubber Company during
the last twelve years is convincingly shown on the zoregoing chart of
earnings and dividends for the 1907-08 to 1919-20 period. The com-'
panjr's present prosperous condition and steady and substantial growth
have been due to a combination of sound business policies and produc
tion quality, not to. merger or consolidation.
For the first time common stock of the Goodyear Tire & Rubber Com
pany is being offered to the public
We invite subscriptions for the unsold portion of this stock.
In Blocks of Tvro Shares 7 Cumulative Preferred ) For (J0 AA
Three Shares One Share Common VUU
Send Us Your Name and Address in Space Below and We
Will Mail You Complete Information
Cyrus? Peirce Company
INVESTMENT SECURITIES
905 Hoge Building
San Francisco SEATTLE Los Angeles
JULY INVESTMENT
OPPORTUNITIES
"OUT those funds to work for you without delay. Rightly invested,
they will net you handsome returns.
Our lists of choice Northwest municipal bonds point the way to the
most satisfactory of investments just the thing to take care of the
funds which might lie idle indefinitely and thus lose wnat you other
wise would gain.
Use our service system to the limit in selecting investments here.
We call attention to a fine issue
Prineville, Oregon
$35,000 (Funding)
Yielding 6
. Tinted April 1, 1!20. FX. mMnrltlrs 1033-39.
DtaomlnalioB, Sl.OOO. Price, lOO, to yield 6.
Principal and Semi-Annual Interest payable in New York at
Morris Brothers, Inc.
Prffieville In the county seat of Crook county, la an Irrigation center and
modern municipality.
Telephone or Telegraph Orders at Oar Expense.
1 OMfMlUlCf
Morris Brothers j
Vf fPremiercMimjctpafBondrHoiis9 onTwla J
Seattle MOItKIS lil-IXi., San Francisco LlKTurr,
Central Bide. roEILAM), OR. Mer.Nat.Blda-.
Saves $11,837.50
on 10th Day of Policy
Such is the experience of the Harry C.
Michaels Co., New York City. They write:
"We wish to acknowledge receipt of your
Adjuster's Draft for $11,837.50, in settle
ment of our excess loss on a claim rated B
plus 1 which became insolvent by reason of
a Petition in Bankruptcy, which was filed
most unexpectedly by Creditors seven days
after our last charge to them.
"This account failed ten days after we had
taken out our Bond of Indemnity with you,
and your Adjuster put in an appearance for
settlement seven days after we had received
your letter acknowledging our Proof of
Claim."
The Special "Interim Payment" provision
permits the Policyholder to receive payments
from the American, Company as many times
during the Policy period as covered Exces
sive Losses occur.
Free: To manufacturers, jobbers and bankers only, a
report containing the counsel of over 200 business
leaders, on vital problems of the day. No obligation,
of course. Write or phone today.
AMERICAN CREDIT INDEMNITY. CO.
of NEW YORK E.M. TREAT, piesioent,
KfUIS ST AMD AMD UNUMCTED POLICIES
H. T. MacRill, General Agent
Board of Trade BIdg. Portland, Oregon
Phone Main 1179
High Yield
That is the condition as demonstrated
by the list we have prepared for July
investment.
The July Purchase Sheet shows rates of
return which tend to offset the present
high cost of living.
This circular should be of value to in
vestors; it will be sent upon request for
OR-316.
The National City Company
Correspondent offices in more than 50 cities
PORTLAND YEON BUILDING
Telephone Main 6072
Bonds Acceptances Preferred Stocks
George H.Burr & Co.
announce that they have admitted
to membership in their firm
Mr. H. Courtney Burr
Mr. Laurence A. Davis
Mr. Arthur S. Kleeman
14ana(r Invaatmast Dspartmrat
JULY X, 1920