Morning Oregonian. (Portland, Or.) 1861-1937, November 01, 1920, Page 21, Image 21

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THE MORNING OREGONIAN, J MONDAY, NOVEMBER 1, 1920
21.
BANKERS
CONSIDER
CONGLAV
E IN CITY
Financial Body May Meet
Here Next Year.
NORTHWEST SESSION ENDS
Closer Co-ordination Is Sought Be
tween Chapters at Meeting
Held in Seattle.
Having1 established herself as the
"convention city of the westi" Port
land has a good chance to be the city
chosen for the annual convention of
the American Institute of Bankers
in 1922. according to J. K. Bryon of
the Ladd & Tilton bank, who re
turned yesterday from a conference
' of the northwest chapters of the or
ganization held in Seattle last week.
Representatives of the four chap
ters in the northwest, Portland, Se
attle, Spokane and Tacoma, went on
record as indorsing Portland's re
quest for the important convention in
1922, and it was felt that in all prob
ability the national organization
would take a similar action at the
convention next year. No other con
tenders have been mentioned thus
far, according to Mr. Bryon, although
it would be impossible to say what
would develop before next June.
The principal object of the late
conference in Seattle was to work
' out a plan for closer co-ordinating
between the northwest chapters and
to Indorse candidates for election to
the national executive committees.
Many minor deails in connection with
chapter problems also were discussed
in the two-day session.
George P. Maine, assistant cashier
of the Dexter-Horton National bank
of Seattle, and P. R. Williams of Los
Angeles were indorsed as candidates
for the national executive council.
James W. Cur ran, vice-president of
the Anglo-London and Paris bank of
San Francisco, Tras indorsed for vice
president of the national body.
TRUST DEPARTMENT ADDED
Eugene Bank Increases Scope of
Institntion.
The First National bank of Eugene
last week added a trust department
to the institution, following lo..g con
sideration of the subject by the
board of directors and after receiv
ing the necessary authorization from
Che federal reserve board, according
to an article in the Eugene Register.
In addition to the authority cf the
federal reserve board, the bi.nk has
been granted the privilege by the
state of Oregon authorities and has
complied with all the laws, rules and
regulations relating to trust com
panies of the state, including the de
posit of $50,000 with the state bank
ing department, says the Register;
"The bank's principal activities in
this new department will be as trus
tee and administrator of estates," said
L. L. Goodrich, cashier.
"It has long been recognized that an
institution like the First National
bank, which has a continuing organi
sation and which does not die nor be
come inoperative on the death or ab
sence of any individual but continues
in cumulative experience and ability
to handle people's affairs, can func
tion better as an administrator than
an individual. The individual named
in one's will may die before the maker
-of the will, or about the same time in
which case the testator has nothing
to say as to who should execute the
will and safeguard the interests of
the heirs.
"W. T. Gordon, the trust officer. Is
one of the best known and respected
men of the community. Having had
a great deal of experience in handling
property and the interests of others,
is particularly well qualified to han
dle the affairs of individuals who
make the bank their administrator or
executor." - .
LOCAIi BOXOS OFFERED EAST
Boston Newspaper Carries Adver
tisement for Securities.
An interesting angle on bond mar
ket tendencies is brought out In the
fact that while Canadian atvl other
foreign bond issues bearing a high
interest yield find a ready market in
Portland and the Pacific coast, the
last issue of city of -Portland 5 per
cent gold bonds yielding & to 5.75
per cent is being offered to the east
ern bond market.
A recent advertisement on the fi
nancial page of the Boston Evening
Transcript offers the Portland bonds
t 98 for the 1930 maturities and at
100 for the 1946 to 1950 maturities.
The advertisement points out that the
bonds are free from federal Income
tax and that they constitute a legal
investment for the savings banks of
Maine and Vermont and for all in
surance companies. The population
of Portland is given as 258.288.
Local bond dealers explain this sit
uation by the fact that eastern inves
tors of large capital cannot afford to
invest in bonds which are not exempt
from the income tax. while Pacific
coast .investors of small capital can
not afford to invest in bonds bearing
a .low rate of interest. A large per
centage of the Canadian bonds sold
in this dfstrict are acquired by the
small investor, whose total income is
not affected by the Income tax, it is
, said.
PORTLAND CLEARINGS GROW
Seattle Surpassed in Ocotber by
Nine Millions.
In addition to the fact that Port
land's bank clearings for the month
of October, 1920, exceeded that of
Seattle by more than $9,000,000 a
comparison with the bank clearings
of a year ago for .both cities shows
that Portland missed the record mark
set in October. 1819. by only $649,008.
while Seattle missed the high record
of a year ago by $25,881,188.
Furthermore, a comparison of the
total bank clearings for the first ten
months in 1920 and 1919 "for both
cities, shows that Portland has in
creased her clearings by $257,973,263,
while Seattle shows an increase of
$112,419,863 during the corresponding
period.
Bank clearings for both cities dur
ing first ten months of 1919 and 1920
follow:
Portland bank clearings for first
ten months, 1920, $1,602,514,950; 1919,
$1,344,551,637.
Seattle bank clearings for first ten
months, 1920, $1,776,554,638; 1919
,1,664,134,775. -
Credit Men Elect Officers.
Officers elected last week by the
Associated Retail Credit men of
Portland were: president, J. S. Brooks,
Kilham Stationery & Printing com
pany; vice-president, H. F. Wendel.
Lipman, Wolfe & Co.; secretary
.treasurer, John N. K.eeler Credit
Reporting company. Homer St. Goeh
ler and Charles L. Graden, who have
served the association as president
and secretary-treasurer, respectively,
since, its inception, were elected to
the board of directors. Other elec
tions to fill vacancies in the direc
torate are Garret Stelsel. Bush &
Lane Piano company; H. W. Cook
ingham, Ladd & ' Tilton bank; J.
Rosenberg and H. A. Calef.
RAILROADS SHOW DECREASE
Earnings of Carriers Fall Off Dur
ing Past Six Months.
Four of the railroad systems serv
ing the northwest show a decrease in
net earnings for the period from Jan
uary l to August 31 of this year as
ccmrared to the same period in 1919,
according to official reports filed with
the interstate commerce commission.
The Oregon Short Line shows an in
crease of $30,334, and the Southen
Pacific has not yet filed the report.
The Great Northern showed an
actual deficit of $2,000,641, which is
accounted for by the' large disburse
ments for the season's track improve
ments and equipment repairs. The
report of the net earnings is as follows:
RAILROADS
Great Northern
Northern Pacific ...
O.-W. R. R. A N
Oregon Short Lin...
S.. P. S
Jan. 1 to Auir. 31
1920 1919
$2,0OO,641$7,3Ol,5rt
6.253, 54;10,412.H1
- 895. 60S 2.120. 8!I8
5,37.73 5,607.399
411.8&HI 1. !."!. :9
Deficit.
UNIQUE SLOGAN" IS ADOPTED
First National Bank of Eugene In
itiates Stock. . Programme.
- "Better Bucks, Bulls and Boars
Build Bigger Bank -Balances" is- the
slogan adopted by the First National
bank of Bend in the livestock im
provement programme initiated by
that institution in the Bend district.
As an initial .step in the programme,
the bank brought 75 ewes and an $800
ram to (en.im Oregon last spring.
A carload of pure bred Rambouillet
sheep and Shorthorn cattle will be
placed on exihibition at the Pacific
ii relational stock "snow in Port'.and
this coming month. The exhibit is in
charge of R. A. Ward, vice-president
of the bank, and Jerry Schooling, who
has been employed as a fitter and
herdman. Schooling is a veteran fit
tar ' of the Baldwsr Sheep company,
and the Rambouillet sheep to be
shown by the bank have already been
placed under his care.
Local Officials Promoted,'
R. E. Pinney. formerly manager
for Oregon of the Fidelity and De
posit company of. .Maryland, and
Clarence D. Porter, associate manager
of the same concern, have received
notice of promotion aa the result of
the growth of the business of the
company in the Pacific northwest and
the entrance into the Alaskan field.
Mr. Pinney has been notified of his
appointment aa resident vice-president
for the district of Oregon and
Alaska. Mr. Porter takes v over the
position of manager of the Oregon
branch office.
Chinese Invited Here.
The Portland Chamber of Commerce
has extended an invitation to Hsu Un
Yuan, councillor of the Chinese cabi
net, and formerly governor of the
Bank of China, to visit Portland en
route to the orient. . He Is at present
In New York..
SALES EXPECTED
FINEST CATTLE TO BE PUT UP
AT LIVESTOCK SUO W.
Banks of ' State Promise Help to
Farmers Who' Want to Improve
yTneir Herds, Tills Year..
Many thousands of dollars will
change hands at the sales of purebred
livestock which "w-ill be a feature of
then Pacific-International Livestock
expositipn November 13-30. . More im
portant still, in the opinion of bank
ers, breeders, farmers and others in
terested in the upbuilding of the
livestock industry in the northwest, is
the fact that many purebred sires and
foundation herds, destined to replace
scrub and grade animals on Washing
ton, Idaho and Oregon farms will go
into the hands of progressive farmers
and stockgrowersL
Pacific-International sales this year
will be stimulated greatly, it is pre
dicted, by the co-operation of 109
banks in the agricultural sections of
the states, which have pledged them
selves to assist responsible farmers in
their respective .communities in . the
purchase of foundation stock and
purebred sires. Some months ago C.
D. Rorer f Eugene, chairman of the
agricultural committee of the Oregon
State Bankers' association, requested,
those banks belonging to the associa
tion and located in agricultural dis
tricts to pledge themselves to this co
operation. One of the largest sales will be that
of Holsteins. held on Friday, Novem
ber 19. - The Jersey sale will be held
Wednesday, November 17, with about
60 animals on the block. The Short
horn sale, in which there will be about
60 head, will be on Thursday, Novem
ber 18. The Guernseys, numbering
about 40, will also be said on Thurs
day, and the Heref ords, of which there
will be about 60, on Friday, Novem
ber 19. There will be a sale of milk
ing Shorthorns on Saturday, Novem
ber 20, with about 40 animals listed. t
Harding Money Offered.
There is said to be an abundance
of money to bet on Harding. Rosa
Finnigan, resident of the Benson ho
tel, was said to have offered $20,000,
at 3 to 1, that Harding would be
elected, $5000 at 6 to 5 that Harding
would carry Ohio, and $10,000 at 2 to
1 that Harding would carry New
York. . 1
Please "vote ONCE for Dan Kellaher,
either first, second or third choice.
Dan Kellaher for mayor meaiTfe 5-cent
fare. 99 X. Kellaher for Mayor Com.
Paid Adv.
To Assure the
Re-election of
Mayor Baker
Vote Only One
Choi
oice
(Paid Adv., C. C, Hindman.)
POWERS SAYS PORT
FACES ITS DESTINY
Chance of Generation Here,
Says Committeeman.
GOOD HARBOR NECESSITY
Merchant Urges Voters to Back
' Both Consolidation Bills
Vitb. Big Ballot.
A thorough statement of the mer
its of the port consolidation bill. No.
310, which makes possible the consol
idation of the Port of Portland and
the city commission of lublic docks,
and of the charter amendment. No.
510, which authorizes . the city to
turn over its docks to the combined
commission, was made yesterday by
Ira F. Powers, member of the com
mittee of 15 and of the city plan
ning commission.
Mr. Powers, who is one of Port
land's most prominent merchants and
who, as a member of the committee
of 15. has spent many months in
conferences with experts on the needs
of Portland as a port, declared that
the bill was a step in the right direc
tion and should be passed.
"The most important planning and
development projects before . the
people of Portland or the state of
Oregon at the present time are the
tnitiatlve bill making possible the
consolidation of the Port of Portland
and the .city commission of public
docks ar.d - the charter amendment
authorizing the city to turn over Its
docks to this combined commission,"
said Mr. Powers.
Period of Development Here.
"We are entering a period of trade
readjustment and opportunity such
as may not occur again in a genera
tion. The Increase in railroad freight
rates has forced shippers to return
to water routes. New steamship
lines and- trade routes, - with their
specialized ports of call', are now
being established all over the world
and particularly on the Pacific The'
next two years will-probably see the
choice of these lines and ports of call
settled upon for a long time to come.
"This is the day of the port that
is ready. One of the largest shipping
contracts ever gained by. any port of
this coast was tba.t obtained this year
by Portland for phosphate rock to be
sent to Jivpan. We got it because we
had & terminal with trackage -ready
and bond money voted but unspent
that could be used to put in bunkers
and equipment necessary to this kind
of business and which other coast
ports were not ready to offer. Port
land must keep ahead of the demand
to gain the business. . -
1'nlfled Plan Necessary.
"With the large improvements and
expenditures required to equip a mod.
ern port. It is fundamental that one
unified plan of development be
worked out and followed. This plan
must insure a satisfactory river chan
nel and ample harbor and dock facili
ties, provide relief from railroad ter
minal congestion, and ample rail and
terminal Interchange. Aa far as pos
sible it should provide convenient and
well-equipped sites for industrial de
velopment. Co-ordination of these
facilities Is one of the prime require
ments of modern business, which
must be considered as one problem
for the whole port, rather 'than as
separate problems.
"Such port and dock development is
more than a city problem. - It also
requires unified and intensive man
agement and control. The consoli
dation of the port and city dock com
missions is a fundamental necessity
and should be accomplished as soon
as possible.
' Consolidation Plan Good.
"T'he present measures on the ballot
accomplish this consolidation, and are
therefore a step in the right direc
tion. At the same time it is probably
impossible to get all the details f
management of such a combined port
and dock commission perfected in one
bill. These matters can safely be left
to future legislative enactment. The
important thing now is to agree upon
unified management of our port im
provements. "Millions of dollars' worth of dredg
ing must be done on the inner harbor
and- rtver channel during the next
ten years. The valuable material so
dredged out from the bottom of the
river should be used, as in other ports,
for filling in permanent docks and in
dustrial sites -owned by the public,
instead of being - given to private
property holders or piled at the river's
edge to wash down later and make
another dredging of the same ma
trial necessary.
Affirmative Vote Urged. -'
"Portland has port and dock develop
ment to be proud of, in comparison
with other cities. It has been ham
pered heretofore only because man
agement by boards with overlapping
powers, by lack of a unified plan, and
sufficient funds. With these three
hampering items provided for, Port
land has every reason to expect as
able if not better management in the
future under the present bill.
"Adoption of this measure is urgent
and will be a long step toward get
ting a real "harbor, one that can suc
cessfully compete with other pro
gressive coast cities. A defeat of the
present consolidation and improve
ment proposal may give a serious set
back to Portland's future business, and
prosperity. -It- is important at this
time to stop quibbling over details
and get to work on the harbor. I
therefore strongly recommend voting
Whatcom
County, Wash.
G
Road Bonds
Prices and Maturities:
ISi1: 1921to 6.00
52dl"2.?:?:.t. 5.85
Oct. 1, 1926-80, r HJTcf
to yield ........ O.i OO
Wire Orders Collect .
Ralph Schneeloch Cq.
KUNICIPM. AN3 CORPOrvATlON rtKANCE
yes on Nos. 31Q and 610 on the bal
lot." .
Pacific Coast Shipping Xotes
SEATTLE, Wash., Oct. 81. Special.)
The steamship Crocs Key of the Pacific
Steamship company's trans-Pacific fleet
will arrive here Tuesday from Vladivostok
and other oriental porta with SO00 tone, of
which 35O0 tons were loaded in the Sibe
rian gateway. This is the largest Siberian
shipment to come to Seattle since early in
the year. .
The CtauMua, comlnr from Portland and
Tacoma to complete a car so of railroad
ties for Great Britain, will load 1.000,000
feet at the Kettleton mill in Seattle.
All told, she will have 4,000,000 feet.
Portland contributing 2.50O.OOO feet and
Tacoma 600,000 feet.
The steamship Eastern Mariner of the
trans-Pacific fleet of Frank Waterhouse &
Co., and the steamship Tjisondari of the
Java-Pacific line, represented by the Gen
eral Steamship corporation, also arrive
this week, the TJisohdarl coming from San
Francisco to load cargo for Java ports.
The Mariner comes direct from the orient.
In the Intercoastal trade, the. steamship
Steel Maker of the Isthmian Steamship
lines, represented by Norton, Libby &. Co.,
will arrive tomorrow to load large ship
ments at the new Skinner A Eddy termi
nal.. She will take the first 1000-ton ship
ment of zinc sent to Seattle by the Ana
conda Copper Mining company of Mon
tana for transportation to Wew York via
the canal.
The steamship Endicott of the Pacific
Steamship company's oriental fleet will
arrive next Sunday.
The following Tuesday the Iconium of
the same fleet also will arrive from the
orient. The steamship Havil&h, one of 'the
vessels operated by the Pacific Steamship
company In the Seattle-European trade,
will arrive from the other side of the At
lantic the following Thursday to load 7000
tons of wheat flour for a return voyage to
Europe.
ASTORIA, Or., Oct 81. (Special.)
Carrying a part cargo ot lumber from
Westport the steamer Lavada sailed at
eight last night for the Atlantic seaboard
via. San Francisco.
The steamer West Nlvaria with cargo
from Portland, sailed at 8:30 this morning
for the orient via Grays Harbor.
The French bark Buff on, laden with
grain from Portland shifted to the local
harbor at three this morning and will sail
tomorrow for Europe.
Bringing a cargo of oil for Astoria and
Portland, the tank steamer Oleum arrived
at 8:3(1 this morning from California.
The schooner W, H. Talbot laden with
lumber from Portland for Peru sailed at
one o'clock today.
After discharging fuel oil In Portland,
the tank steamer Washtenaw sailed at 10
last night for California.
The tank steamer Quabbfn Is due this
evening from California with oil for As
toria and Portland.
The steam schooner Tiverton arrived at
2:30 this afternoon from San Francisco
with freight for Portland and will load
lumber at Prescott. She encountered a
heavy northwest gale all the way from
the Golden Gate to Yaquina and Captain
Johnson says it was one of the worst blows
he has seen along the coast in years. The
Tiverton was compelled t lay to for sev
eral, hours and at times was all awash.
As far as known no damage wan done the
vessel or her cargo.
The steamer Clauseus. with a part cargo
of ties from Prescott. sailed at 6:30 this
evening for the United Kingdom, via San
Francisco.
The steamer Jeptha will be due tonight
from San Francisco enroute to Portland.
SAN" PEDROv Cal., Oct. 81. (Special.)
Due to the Increase In the number of ships
which have been arriving in the local port
and needing the services of municipal
pilots, the harbor commission has appoint
ed a third pilot. For the hurt. few months
the record number of steamers arriving
and departing has been broken each month
by the succeeding month. Captain T. T.
Tallaksen has been appointed as the third
municipal pilot.
The Steel Voyager has left New Tork
for here laden with 2000 tons of general
cargo for this port. a lie is operated by
the Isthmian line and sailed from New
Tork Saturday. She is due approximately
November 18 and is the fifth vessel of the
line to touch here since San Pedro was
made a port of call.
SAN FRANCISCO. Oct. 31. (Special.)
The schooner Rose Mahony. 1933 tons, is
making a rather long voyage from the
canal zone. She Is now out 75 days from
Baiboa for this port on a voyage from
Buenos Aires.
The United States army transport Great
Northern, under command of Captain
Kerr, arrived in port this morning at 8
o'clock after a four and a half days- run
from Honolulu. She carried 42 first-class
cabin passengers, 38 second-cabin passen
gers and 141 troop class, including 11 gen
eral prisoners, from the Hawaiian depart
ment. The United States army transport
Thomas, which left the Pacific coast last
May for the transportation of Czecho
slovak troops from Siberia, arrived here
this morning at 4 o'clock from New York,
carrying 7 first-cabin passengers from
New York, 39 first-cabin passengers from
Cristobal, canal zone; 2 second-cabin pas
sengera from New York and one from
Cristobal and also a small number of troop
class from both porta The Thomas, under
the command of Captain Frank Hall, will
resume her old Pacific run schedule com
mencing next Tuesday, when she sails for
Honolulu, Manila and Guam.
The whaling steamer Traveler went to
sea today. Oil arrivals Included the barge
E. M. Phelps, with 30,000 barrels, and the
tanker WhUtier, with 10,000 barrels. both
from Port San Luis.
COOS BAY, Or., Oct, 81. (Special.)
The gasoline schooner Magnolia of Eureka,
which assisted in transporting the Mac
Leay 'salmon pack from Rogue river to
Coos Bay, has finished and but one cargo
remains to come out and that will be
brought by the Tramp. The Magnolia ret
turns to Eureka tomorrow.
The newly finished Pacific which placed
half a lumber cargo for South America at
the Bay Park Lumber company mill, sailed
for the Columbia river'- this afternoon at
a:l3 where she win iinish her load.
An unnamed gas schooner from the
north put In here today supposed tq be
from the Columbia river.
The gasoline schooner Eagle from the
Columbia river arrived this morning at
The motorshiD Lassen departed this aft
ernoon at 2:25 with a lumber cargo shipped
by the Sitka Spruce company of Coquille
irom me terminal oock in Marsniieid. -PORT
TOWNSEND. Wash.. Oct. 31.
(Special.) Ontober has ben a remarkably
Fire Insurance
Rates
OOME times the owner
"of a building pays a
higher rate of insurance
than necessary.
Then again, many buildn
ings are under-insured.
The Fire insurance prob
lem calls for such knowl
edge and experience as
we afford.
We do not write insur
ance, but merely advise.
Our business is to man
age and develop property.
Strong 8 Hac,au$hf on
PORTLanu BUILDING yowttiUN
Portuwd. Oregon
7 and
0
SAFETY
SECURITY, YIELD
MARKETABILITY
These, the most important factors
In an investment, are Ideally com
bined In our First Mortgages.
Ask for booklet "Some Interesting
Facts About First Mortgages."
Western Bond & Mortgage
COMPANY
Main 11Z 80 Fourth St.
quiet month In shipping, there being fewer
vessels arriving than during any month
for several years. November promises to be
quite active, fourteen big carriers are
scheduled to load on Puget Sound, in ad
dition to the regular liners and a number
of sailing vessels en route which will carry
lumber cargoes foreign.
The motorship Balcatta is expected to
reach here Monday night from San Fran
cisco to complete cargo for Valparaiso.
She loaded a part cargo at the bay city.
Bringing a full cargo of salt codfish
from the Okhotsk sea, the Japanese
schooner Nan bo Mara arrived this evening.
She will discharge at Anaoortes.
Movements of Vessels.
PORTLAND, Oct. 81. Arrived at 8 P.
M., steamer Oleum, from Port San L.uia.
Sailed at 6 P. M., steamer Kongosan
Maru, for Bombay.
ASTORIA. Oct. SI. Sailed at 8 last
night, steamer Lavada, for New York;
Bailed at midnight, steamer Washtenaw,
for Port San Luis; arrived down at 3 A.
M., bark. Buff on; sailed at 3 A. M., steam
er West Navarla, for Grays Harbor; ar
rived at 8 and left up at 9:30 A. M.
steamer Oleum, from Port San Luis; ar.
rived at 1 and left up at 3 P. steamer
Quabbln, from San Pedro.
SAN PEDRO. Oct. 80. Sailed, steamer
qulberson, for Portland.
GRAYS -HARBOR, Oct. 31. Arrived,
steamer Lehigh, from Seattle, for Colum
bia river.
;
ASTORIA, Oct. 81. Sailed at 1 P. M.,
schooner W. H. Talbot, for Mollendo; ar
rived at 2:35 P. M., steamer Tiverton,
from San Francisco.
SKATTIiS. Wash.. Ort. 81. Arrived,
Eastern Glenn, from New York; Admiral
Farragut, from San Pedro; sailed, Jeffer
son, for southeastern Alaska.
TACOMA, Wash.. Oct. 31. Arrived,
Catherine D.. from Akutan; sailed, Cor
dova, for Alaaka - porta; Provideacia. for
Santa Rosalia via porta.
SAN PEDRO. Cal.. Oct. 81. (Special
Arrived steamer Qiffdu from Puget Sound
8 A. J.; Captain A. F. Lucas from La
Touche. Sailed steamer Rainier for San
Francisco 8 P. M. ; tug Sea Eagle, towing
Darge Simla, ror fort tan jl.uis 4 t. al. ;
President for Puget Sound 10 P. M.
Ship Ke ports by Radio.
(Furnished by Budie Corporation of
America.)
Positions reported at 5 I". M. yesterday,
unless otherwise indicated, were as follows:
GEORGINA ROLPH, San Francisco for
Portland, 112 miles south of Columbia
river.
GOVHRNOR, Seattle for San Francisco,
off Cspe Blanco.
ARGYLL. Seattle for Oleum. B95 miles
from Oleum.
QUEEN, San Francisco for Seattle. 463
miles from Seattle.
NORWOOD. Port Angeles for San Fran
cisco, 180 miles north of Cape Blanco.
w. H. WRIGHT, taverett tor san fearo.
267 miles south of Cape Flattery.
LYMAN STEWART. San Luis for Van
couver, 340 miles from' Vancouver.
KLAMATH. San Francisco for San Pe
dro, off Point Concepclon.
MEUTNOMAS, Redonds Tor San Fran
cisco, 100 miles from San Francisco.
DBLROSA, Sallna Cruz for San Fran
cisco, 1083 miles from San Francisco.
COL. B. L. DRAKE, Honolulu for San
Pedro. 140 miles from San Pedro.
VICTORIA, 250 miles northwest of Flat
tery, bound for Seattle, noon, October 31.
SALINAS, Shanghai, for San Francisco,
1458 miles west of San Francisco.
COL. E. L. DRAKE. San Francisco for
San Pedro, 390 miles from San Pedro.
CITY OF RENO, Honolulu for San
Francisco, 815 miles from San Francisco.
ANNETTE ROLPH, San Francisco for
Sesttle, 273 miles north of San Francisco.
ATLAS, San Pedro for Portland, 475
miles from Portland.
SISKIYOU, Westport for San Pedro,
165 miles north San Franoisco.
DEUEL, orient for Seattle, 228 miles
north of San Francisco.
WASHTENAW, San Francisco for Port
Sail Luis, 485 miles from Port San Lius.
BALCATTA. San Francisco for Van
couver, off Cape Blanco.
LAVADA, Portland for San Francisco,
2 tiC miles from San Francisco.
YOSEMITE. Port Ludlow for Los An
geles. 45 miles north of Bluntstreef.
WEST MAHWAH, Honolulu" for Seattle,
2S0 miles south of Cape Flattery.
CLAUSEUS, Portland for Taeoma, 2t
miles northwest of Astoria.
GRIFFICO. towing barge Griffson. Co
lumbia river for Balboa. 25 miles north
of Point Arena.
WILLAMETTE, San Francisco for Grays
Harbor, 45 miles south of Gravs Harbor.
LAS VF1AS, San Pedro. Auckland via
Honolulu, 1828 miles from San Pedro 8
P. M. October 30.
MAN OA, Honolulu for San Francisco
1037 miles from San Francisco, 8 P. VI.,
October 30.
W1LHELMINA. San Franoleco for Hono
lulu. 1105 miles from San Francisco, 8
P. M.. October 30.
. WAHKEENA, San Pedro for San Fran
cisco. 50 miles south of San Francisco.
CATHERINE. Manila for San Francisco,
300 miles west of San Francisco. -
DELLWOOD. Kahulul for San Francisco.
246 miles west of Pan Franoisco.
TUG STORM KINO and Barge Thomas
Rolph In tow. Eureka for San Pedro, 20
miles south of San Francisco.
AVALON, P.aymond for San Francisco.
69 miles from San Franciaco.
BVT.V1V T.Ull Tl T" for SaO
I Francisco. 155 miles west of San Francisco
CHINA, San Francisco for orient, 31
miles west of San Francisco.
EL SBGUNDO, San Pedro for Pt. Wells,
685 miles south of Pt. Wells.
RICHMOND towing Barge 85. San Pedro
for Seattle. 7(20 miles from San Pedro.
C. A. SMITH, Coos Bay for San Fran
cisco. 5 miles north of San Francisco.
REDWOOD, Belkngham for Redondo, 18
miles north ot Point Keyes, Barge VI in
tow
STANDARD 2. San Pedro for Eureka. 77
miles south of San Francisco.
CAPTAIN A. F. LUCAS. Latouche tor
San Pedro. 148 miles from San PedTo.
LANSING. Port San Luis for Kanopali.
108 miles from Kanopali.
DILWORTH, Point Wells for Richmond
lOf, mile from Richmond.
HEBGR.- Portland for Rotterdam. 14S0
miles south of San Francisco.
MISKIANZA. San Pedro ifor Manila, 605
mile9 from San Pedro.
WEST CAJOOT. Honolulu for San Fran
rlnrn 1SS milp went nf pan Francisco.
W. F. HERRIN. PoMland fo rPort Costa
via Avon. 4.1 miles from Portland.
COLUMBIA. Yokohama for San Fran
cisco, 1726 miles from San Francisco.
WAWALONA. Portland for San Pedro.
537 miles south of Columbia river lightship.
JEPTHA. 277 miles from San Francisco
noon October 30.
EASTERN MARINER.. Yokohama for
Vancouver aUd Seattle. 220 miles from Cape
Flattery. -
E., D. KINGSLEY. Vancouver for San
Francisco, passing Flattery.
VICTORIA, Nome for Seattle, 400 miles
ofr Flattery. 8 f. M. Oct. bu.
CROHS KEYS, Vladivostok for Seattle,
70S miles from Seattle. 8 P. M. Oct. 30.
ANYOX. Ketchikan for Tacoma, off
Point No Pointy
I - Tides at Astoria Monday.
High. t Low.
4:41A.M. .. -T.4 feet10:28 A. M. . ..3.3 feet
4:03 P. 11. .. .8.8 feet: 11:21 P. M. .. .0.1 feet
Report From Month of Columbia.
NORTH HEAD. Oct. 31. Condition of
the sea at 5 P. M., smooth; wind north
west, 4 miles.
TAG 13 CAUSES ARREST
Motorcyclist Asked to Explain
Altered License Plate.
The fact that there- Is no motor
cycle license number 13 last night
brought Peter M. Olson of Beav'erton
Into police headquarters on the
charge, of tampering with a license
number.
Plainclotfresmen Burdick and Shaf
fer of the automobile theft depart
ment were surprised to read the num
ber "R-13" on the rear plate of a
passing motorcycle. Immediate in
vestigation followed, not because of
the hoodoo, however. It was found
that the front portion of the figure
9 had been scratched out. leaving a
passable 13 tn its place.
Olson admitted that the number
had been changed, but denied that
he had done so, leaving the police
to conclude that either a theft had
been attempted or that the . young
motorcyclist ch:hged the number aa
a joke, possibly without realizing that
he would thereby foul the law.
He was released on bail and will
have an opportunity this morning to
assist the municipal court in solving
the problem.
Vote for the zoning bill and protect
your home against the Intrusion of
public garages, apartment houses or
gas filling stations, etc. Adv.
Phone your want ads to The Orego
nian. Main 7070, Automatic 560-95.
.
Hoiyoke, MaM,
I By
NATIONAL
BLANK BOOK
COMPANY
r '-iERE are lew first-class Stationer
who do not carry some National
Blank Books. A great many dealers
carry National products exclusively. You
are taking no chances when you buy
blank books irom a dealer who features
Nationals, because back of his persona)
reliability is the guarantee of the largest
blank book factory in the world. ,
rVosEMscuoua tpwying of Account Boosts waolta SB
loss ot time, money um1 ofltc efficiency. As Blank
Books are the cornerstone of business, intelligent
car should bo used is their selection. Nation !
Blank Book are tmiformly sati -factory.
A set of Dr. & Cr. Posting Slips mailed
hem from the factory to accountants.
0
SOLD BY STATIONERS A OFFICE SUPPLY COMPANIES
Bloke, MeFall Co, Kilham Stsu & PlK. Co., Meier A Fraik
Co J. K. Gill Co., Zan Bros. Olds, Wort man & Kteg, D. O.
Cunningham Co.
r
' General Obligation
0 Citv of
Vancouver, B. C.
Fourth largest city in the dominion
and one of the coast's big seaports.
Bonds due June, 1933. Rate 4io.
Price 75.85 Yield 72 '.-
11 fVf
f
Jr Jf
3-Year 6 V
General Obligation
Gold Bonds
Province of
ON T A RIO
Price 96.68 Yield 7.25
3-Year 6
Gold Bonds. Province
BR I T IS H
COLUMBIA
Price 96.53 ' Yield 7.30
WE INVITE YOUR BANKING ACCOUNT
3
Lumbermens Trust Co.
BROADWAY and OAK
sj Exempt From All Dominion Government Tax
Select Canadian Issues
Yielding 7 to 9
Province of
ONTARIO
0 General Obligation Bonds
Price 96.68
Yield 7.25
Dated Oct. 1. 1930. Due Oct. J.
11)23. Denomination (1000.
Province of
BRITISH COLUMBIA
General Obligation Bonds
Price 96.55
Yield 7.30
Dated Oct. 25. 1020. Due Oct
5. Denominations S500
' and SlOuu.
CITY OF EDMONTON
Province of Alberta
6 GENERAL OBLIGATION GOLD NOTES
Dated September I. 1920. Du SoDtember 1. 1923.
Price 94.82 To Yield 9
Denominations S100. 1500 and $1000
Principal and semi-annual interest payable in U. S.- Gold Coin in
New York City and at the offices of Morris Brothers, Inc.
MORRIS BROTHERS, Inc.
Establlsned
Over m
Quarter
Century
"Thar Premier Municipal Bond House,'
Portland. Or. Morris Baildlnar.
XOO-ll Mark. Broadway X16L.
Other Offices at Seattle. Taenma, Wash.,
and San I'ranciaeo. Cal.
Capital
One
Million
Dollars
r 1
Telephone or Telegraph Orders at Our Expense
c
New Issue
We own and offer the unsold portion of
$252,000
itv or L
WYOMING
6 Bonds
asoer
DATED September 1, 1920
MATURE Serially
Principal and semi-annutfl Interest (March 1 and September 1), pay
able at the office of the City Treasurer, Casper, Wyo.. or through tha
offices of Freeman Smith & Camp Co.
Denomination $500
J28.000 September 1, 1322
28,000 . " 1923
28,000 1924
28,000 " 1925
28.000 " 1926
Yield
about
7.51
7.00
6.75
6.62
6.53
28,000 September
28,000
28,000
28.000 "
19S7
1928
1929
1930
Yield
altout
6.46
6.41
6.38
6.35
Population. 1920 Census, 11,447
Leg-ality approved by Teal Minor & Wlnfree. Portland, Oregon. Ex
empt from all federal income taxes. Legal investment for Oregon
savings banks.
Price Q7-50 efyVSr: fi.35 to 7-51
0 lty, to yield about J
Cf as
O Known
above.
Income tax exempt. Wire orders "collect." Cash or partial payment
plan. Ask for circular O 78.
s - n nisi CMrntan.. .
'Scd
Second Flo o fCK Main 64-6
NORTHWESTERN BANK BLDG.
.7-25.
7-50
WE OWN AND OFFER
Province of
ONTARIO
3 YEAR 6
GOLD BONDS
AT 96.55 TO YIELD
7-25
Due Oct- 1923
Province of
MANITOBA
10 YEAR 4
GOLD BONDS
AT 76.09 TO YIELD
7.50
Due June, 1930
WIRE ORDERS COLLECT
CLARK, KENDALL & CO., Inc.
5th and Stark Streets
Portland, Or.
Banking -Service
Your banking requirements may be entrusted to
this bank with every confidence that careful and
efficient service will be rendered.
THE CANADIAN BANK OF COMMERCE
Portland Branch, Fourth and Stark Sts.
Phone Your Want Ads to The Orecronian
Main 7070560-95
i