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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (July 2, 1919)
THE OIXGON DVt,Y JOURNAL, FO RTLAND, .WDNEGDAY, JULY, 2. 1313. MANUFACTURES SUPPLIED BY U. S. Prior to War We Were Supplying Only One' Sixth of Jhosej En tering International Trade. FIGURES'-' ARE IN BILLIONS Neutrals Turned; to This Counr try When War Shut Off Supr ply From -European Nations. The 'frilled States la now supplying approximately .one -halt of Jthe . manu factures - enuring international nuo. AH of ' the nonmanufncturing sections of the "rhole world are now looking to us: for "- large proportion or - tneir supplies of manufactures. Prior to the War Uhe UMtea - Btate was supplying about one sixth of "the manufactures entering- international trade : in tne yetr. wftlch na;wiu uiw monui wo have: supplied about one half, Manu factures entering International trade in prewar years ' averaged ; about iv.uoo,- 00.000 ner -annum, but wlt the sus pension of exports by certain or tne great, 'manufacturing countries of the world., netahlv Germany. Austria and Belstum. andf-thei great reduction in ex ports by the"other European manufac turer.-dreat Britain, trance ana iiaiy. the value of manufactures other than war materials " entering international trade was temporarily reduced, and the total value of the manufactures enter ing world commerce In the fiscal year 1919 Is probably little more man o. 6OO.0OO.OOO, ' of 'which- the United States supplied about one half. FIGTJBES FOB 11 i Manufactures exported from the United States In the calendar year 1918 aggregated $3,395,000,000, exclusive of those . sent . to . our own .noncontiguous territories of Hawaii and. Porto Rico, which-are not included in the figures of foreign, trade. A compilation by the National City bank of New York shows that the exports of manufactures from EFFORT WILL BE MADE' TO HOLD FOREIGN TRADE ;xuly HALF OF Edited by Joe- IL Jordan Says Eat Less to : Put on Flesh 1 Arid i Get' Strong Thin-' weak, nervous wrecks, who want to- put on flesh, get etrong and fine, can almost Invariably do so In two or three weeks by taking with, each meal a 5 graur tablet of the great French nerve and blood builder known among drug rlsts here ss Biood-Iroa Phosphate. Big eaters are often thin' as a rail simply because tne food tney eat is not assimi lated. Klood-Iron Phosphate, z by the nervous system ana enriching the blood, promotes - the nor the United States has averaged $263,000,- 000 per month during the 10 months or the fiscal year. ' for which figures are new available, and in the latest month. April, were $290,000,004, thus justifying an estimate 1 of more than $5,000,000,000 aa the record for the fiscal year ending with June. 191, ' ot which nearly two thirds is included In-the period zouow- lng the jclose of the war. , - . -V-EyoBMOt'g I5CBEASE SHOW3T- 1 The "nonmanufacturing, area, of the world, .which-was prior to the war ac customed to draw i its manufactures ,chlefly . from Europe and f the - United states, consists 1,01 , bohw America, Africa, Oceania, ; Asia .except Japan, and all of North 'America outside the United Statesv Manufactures formed, prior to the war, about ft per cent of our exports to Asia; 85 per cent of those to South America ; 85. per cent of those to Oceania: 71 per cent of those to Africa, and 65 per cent of those to North America. With the fan off of available manufactures from Europe, our exports to. all i those " areas have enormously - Increased. . Our total ex ports to Aula Increased from $113,000,000 lit the fiscal year 1914 to about $550,000, 000 in the fiscal year ending with Jane, 1313 i to South .America from $125,000, 000 In 1914 to nearly $400,000,000 In 191$; to Oceania from $54,000,000 in the pre war period to $190,000,000 in the current year j . to - Africa from - $28,000,000 to $75,000,000, and to North America, which also takes Its manufactures chiefly from the United States, the increase is from $529,000,000 In 1914 to approxi mately $1,275,000,000, In the year which ends with this month, and most of these phenomenal gains occur in manu factures. OTHER COUNTRIES tOST The United States is in fact the only manufacturing country Qf the .world other than Japan, showing an increase In' its exports of manufactures during the war period. Exports of manufac tures from Great Britain in 1918 were slightly less in value than those in 1913; those from France show a heavy fall off, while the tether great manu facturing, countries 'of the world, Ger many,, Austria-Hungary and Belgium, were practically, out . of overseas trade during the war.-?;, . ; v, -f Vy - The total trade 6f . the United States in the fiscal ylsari endlnr with June will be the highest on. record and may cross the 410.000.000,000 line. For the 11 months ending with May, for which official figures are now available, the grand total Is $9,111,000,000 against $8. 949,000.000 to the full fiscal year 1917. the highest record ; ever made' for an entire fiscal year, t Thus the grand total for the 11 months ending with May exceeds that of any full year in the past; and should the June figures equal .the monthly ; average of the 11 months already elapsed the grand total for the fiscal year ending . with June 30, 1919. would be ; over $10,000,000,000, Local Firm Buys Casper, Wyo., The ' $369,000 bond issue of Casper, Wyo, was purchased Monday by G. E. Miller , ft Company of this city, The bonds are for general obligation of the city of Casper, $280,000 for- a water system, $60,000 for sewer, system and $49,000 for building bonds,- which , will mainly include street intersections. A substantial premium for S's was paid for the issue. strengthening mat activity of - those vital organs upon which-the processes of assimilation and metuoouam aepena. ui.us- enaoiuis you to make use of the very last bit of nourishment from the food that you eat. If you don't feel well, if you tire easily. eon t sleep- wen or are' too win. go to The Owl Drug company or any other f ood t druggist ana get enougn uiooa. ron Phosphate for a three weeks' treat mentit costs only R cents a week and take ss directed. Eat less, chew your food thoroughly, and If at the end of three weeks, you don't feel stronger and better tnan you nave tor montns : if your eyes aren't , brighter and your nerves steadier ; if you don't sleep better, and your vim, vigor, endurance and vi tality aren't more v than doubled. . the druggist will return your money for the asking and- Blood-Iron Phosphate will cost you nothing, Adv. gades ... "The Red Dlco4 Build 9 In. almost every neighbor hood can be found one or "more persons whose health has been greatly Improved by this splendid general tonic, appetizer, and blood builder. At all druttist M, J. BreitenbacK Companw - - Maaufacturiag Chemists . ' - New YoHi ,f A MEDICINE of merit K tonic alterathre and --. . 2 -diaretie." Prcpaiad under for ' - mala filed with aad approved by the Department of Cbem istry of the Internal Revensja Office Wsaniagtoo. AC . Ba7ACgXioa COHPAHX -- , Kn City, atueoad. JCoaaoatarw. . CIusassr-Frssk Crcs Ca. Portland, Oragea Sal Diatrtimirm JCW ' tirerVsslnvstoaaiida!:ti ( As!i Yonr Brcrjnisfj ..... "BAYER CROSS" ON 1 GENUINE ASPIRIN SAN FRAIICiSCO MAII WOULD EFFECT UNION : FOR FOREIGN TRADE Novr . Is nme When DefinitaTAc tion Should Be Taken, Asserts Bank- Cashier? Here, i "Bayer Tablets of Aspirin to be gen uine must be marked with the safety "Bayer Cross.' - Always buy an un broken Bayer package which contains proper directions to safely relieve Head ache, f Toothache, Earache, ' Neuralgia, Colds and pain. Handy tin boxes of IS tablets cost but a few cents at drug stores larger packages also. Aspirin is the trade mark of Bayer Manufacture of Monoaceticacidester of Salicylicadd. Adv. . , - : ! -V- - - In ' the interests of : foreign, trade de velopment on . the ' ., Pacific coast, K. A venal i, assistant cashier of the First National Bank of San Francisco, which la the oldest national ' bank in Cali fornia, visi ted' Portland th early part of last week., , ;,,.- .' ' i ' "Right now Is the time when definite action, should be taken towards secur ing foreign trade for this coast,", says Mr; A venal i. "and cooperation must be secured from every banker, business man; and broker In order to make this section a power in foreign trade. Trans continental fates is the I big, problem with which ! w have to contend. At present goods: can be shipped to De troit "or ; Cincinnati from pacific . ports through- the! canal and via New Or leans or Jfew Yorfc at much, lower .rates than 'toy. inland routes from Seattle, Portland ; or San Francisco. . i . "On account of the change' In i shipr ping channels, the ports ot v the north west, including the British porta in Canada, are going to handle the bulk of the trade - from the Orient. As a re sult Ban Francisco is going to Jose a, large amount oi.mis traoe. - Frior to the war the United States had no foreign trade to speak of and through emergency' . conditions " trade that previously, belonged to Germany and other countries came naturally to the United States. Now the- time has come when the United States must .get out and secure the trade on a legiti mate basis. '- ' , ; -J, :- Mr. Avenair visit here is principally In pursuit of organizing the efforts in securing foreign trade and " inspiring team Work among business interests and banks cf the, northwest. The First National fi San Francisco have ; some heavy r Interests in this section and are deeply Interested in the success of the Northwest. ' . f In discussing commodity prices and the' money situation .Mr. A venal I de scribes this situation aa "money de .preciation,' ! Five years ago there was a little oveiv four billion dollars in cur rency In - circulation -in , this country, while today thereto over 41 billion. At the same time there has been no in crease in the metallic reserve. ; "The value of our money has depreciated,1 says Mr. ; Avenali, 4 but the wages- of labor have not increased in proportion." . "Profit sharing: plans are the only ways of cooperating with help. - .When, Henry Ford originated the "Idea, five years ago, of dividing hhr-profits with his employes, the idea was considered ridiculous - throughout - the A- business world. - Today it is one of the broadest plans of cooperation : and ''all progres sive business houses have : adopted it. The First National of San Francisco, of which I am a member, has a plan whereby every employe from president to bell hop shares in the profits of the bank."- - - - . While Italy was engaged in the world conflict. Mr, Avenali was called by his old regiment and fought in some of the hardest battles in Italy, and Aus tria. , Later he - was chosen to serve on the Italian c&mmlssion to the United States to negotiate for a big loan and served bis country in other . official ca pacltles. i , t 1 , . Farm Loan Bank Figures " v Spokane, Wash., July 2. The federal farm loan i hank issued loans during June to farmers of Oregon, Washington, Idaho and Montana, amounting to $1,027,150, according to figures tabulated today. . During the first six months of 1919 the bank issued a total of $7,504,725 on farm mortgages throughout its field. DON'T ALLOW YOUR RUN-DOWN CONDITION TO CONTINUE Increase your Jaded appetite, re store your ; weakened digestion, re build your ; shattered nerves, replenish- your vanished vitality. Try Proud's Portolive Tonic and note the almost immediate and steadily In creasing- improvement in your condi tion, j This wonderful, purely vege table nature tonic, acts directly on the stomach , and bowels cleaniinit : the system of all impurities .through the proper channels, t It infuses new life into the tissues, strengthens the mus cular action, and restores your former energy, ".vigor, and interest in P life. Use it for 30 days and watch results, Energizes immediately. Strengthens permanently.- . Endorsed,4! by phy sicians sold by druggists.--Adv. OVEQ-ACIDITY of the stomach has upset many ' a night's rest " If your stomach is add disturbed. dissolve two or three ; . . on the tongue before retir ing and enjoy refreshing sleep.'- The' purity and goodnessvof Ki-moid guaranteed by J ' SCOTT Mc XOTTKZ ': KAX1SS CF SCOTTS ISTOtSICM . ' - - - ie- 4. r h. Hf. tff IS - vrji i:iii Stocks of Three Cent StampslOan - Not Be Redeemed Two. cent postage, returned to vogue after being relegated to almost oblivion during the war. baa had n appreciable effect on the quantity of mall matter handled, through the Portland postofflce or its branches, postal officials declare. With that announcement the postomce department - advises - that- stocks of three cent stamps in the hands of pur chasers cannot be redeemed at the local offices, nor can they be exchanged for two cent - stamps. Stamped , envelopes and postal cards, however, can be re deemed at face value until July II. when their value will be reduced. the envel opes to the worth of their stamp and the postals to three . fourths of their cost - - For - additional information en oppor tunities listed below, refer to the bureau of foreign and domestic commerce. Port land Chamber of Commerce, indicating file" number. " ' - Card. Party Postponed ' . Vancouver, Wash., July 2. The Elks Liadies have postponed their regular weekly: card- party . from . Thursday- to "July 10, on! account of making prepara tions for the Fourth of July celebration, SPENT HUNDREDS FOR HIS WIFE; SAYS 'WIN L-m!H' She Had Suffered Twelve Years -Gains Fourteen Pounds . Taking Teniae, ';; "1 spent hundreds of dollars on medi cines and treatments 'for my wife, but nothing she ever . took helped her like Tanlac,' said George Melvin of 601 Al legheny street, Portland, Or., while In the Owl Drug store recently. "About 1$ years ago my wife had a fall : that made an operation necessary, and from that time on she was in mis erable health." continued Mr.' Melvin. "She got to where she" only weighed 98 pbu&ds. had no appetite and had to diet, but even that didn't .seem- to do her any good, and she would complain that what she ; did eat just seemed to lie In her stomach in a lump and often gas would form and ' press so around her heart that she could .-hardly get -her breath. She was nervous, -too, and didn't sleep well, and suffered a lot , with terrible headaches. 'She was also troubled with dizzy spells aad got to where she was so weak and worn out she was hardly able to do any of her housework. ., - f ' X had been reading so much . about Tanlac that I asked her to try it, but she had taken so many things without getting any) relief that she didn't: have any faith in it; but got a bottle any way and urged her to take it. , Well, Tanlac has certainly' proved a revelation in her case. She has, a good, appetite now, eata anything she wants and never complains of having a bit of trouble with lier stomach afterward. She isn't nervous like she need to '-"be and sleeps 1 just- like a child : at .night and isntj troubled with neadaches or dizzy spells any more, and is able to do all her. own housework. 1 . She lias gained about 14 pounds in weight, her cheeks have filled out and are as rosy as a healthy girl's and right now she is in better health than she has been-in years. Not long ago I had a touch of rheumatism In my leg . and took one. bottle of Tanlac end I haven't a sign of the trouble now. My wife and I certainly think Tanlac is fine and will gladly tell others what it did for us. : Tanlac is sold in Portland by the Owl Drug company. Ady, . -. - Peslret to Represent Shipper A shjjp broker In France desires to represent shipowners and shlpbrokers in a port of that country as correspondent. Refer ences. Refer to No. 29680. Flalaad Waats Feedstaffs A Finnish export association desires to purchase feedstuff, cotton and linseed cakes, and maize. Terms, cash against documents. Correspondence may toe in English. ttererence. Kersr. to No. 79$30v,j, - ladle Wants' Cotton Cotton and woolen piece : goods, velvets and shawls are desired by- s company in India, Terms, 60 days' sight draft, through bank. Hef. erences. itefer to No. 29726. Felt Wanted by Iade-Chlss A com pany in. Indo-Chtna desires to purchase green weoien reit for desks and billiard tables. 64 - inches -wide. Terms, cash against documents through bank. Ref erences. .Refer to No. 29641. , Canada Wants Hardware The pur chase rof any line, of manufactured - ar tides sold by the hardware and garage trade is desired by a company in Can ada. Quotations should be given f. o. b. destination, or factory. References. Re fer to No. 29722, ;. ... . ,. Electrical Prlees Aked An electrical engineer in NV w Zealand wishes to se cure" prices and discounts on electric lighting,! heating, and cooking appli ances," also oil engines and generators for isolated lighting plants. References. xteier to jso. zgiz. India Desires Repreieatatles A firm in India desires to represent actual man urfaoturers of ships and marine stores. railway materials and appliances and supplies for workshops, mills, feundriesaLw etc. Prices, catalogues, and samples are j requested. ; References. Refer r to No, Aastralia Wants Catalogue The rep resentative of an American firm In Aus tralla desires to receive catalogues and prices of wool yarn for spinning and weaving, and cloth-finishing-machinery. Quotations should be given f. e. b. New Yorav Terms, cash against1 documents through New Tork bank. Refer to No. 29675. . u---' e: . 3 Onadelespe Tells 2feed The purchase of flour, oils. soap. 'greases and lard,' biscuits, codfish, rice, sausages, pota toes, onions, hardware, fertilizers, shooks and staves, etc., is desired by a firm in Guadeloupe. Quotations hould be given' f. o. b. American port. Correspondence 'should be in French. Reference. - Refer to No. 29696. Mexico Wants Corn The purchase of two carloads of No. 2 Kansas white corn is desired by a man in Mexico. He states that he will require athis quantity each month and will purchase about 25 to 30 carloads each year. Quotations should be given c. i. f. El Paso Texas. Payment, cash, by draft on bank, correspondence should be in Spanish. Reference. Refer to No. 29720. . ; V Electrical Sapplles Requested The purchase by a company in India of elec trical industry supplies, gas and electric fixtures, iron, steel boilers, various met als, shipbuilding materials, engines, elec trical - cable-making machinery, flour mill - machinery, motion f , picture ma chinery, -raw rubber, pbrcelstln insu lators, .and porcelain articles used in electrical industries is desired. Terms, cash . against documents. - References. Refer to No. 29687. ?; JPower ' Wheel s Keeded One - 40-horse-power Pelton- wheel, 400 lineal feet of 8-lnch piping,! one dynamo to transmit 40 horsepower by cable, 1000 lineal feet of electric cable for same, one 40-horse-. power motor to drive machinery; 2 tons of 2$ B. W. O. corrugated roofing Iron ; electric lighting plants, and. storage bat teries i agricultural, and other tools ; cof fee roasting and grinding' machine. and motor cars are required by a man In India. References. Refer to No. 29723.. - Government Paper t Declines, but Other Discounts Increase liquidation tn some volume paper. - ruiry onset, uowever, of war by In creases of other r discounts . and of ac ceptances on band, also a decrease of 21.1 mnnooe in gold reserves, ar Indi cated . In the federal reserve board's weekly bank statement Issued as at the close of business on June iv As aaainst a decrease of 7j.s miuions In war naner there are shown Increases of 32.9 millions in other discounts, and of -4Q.S miUions in - acceptances. -Tne total of war paper on hand includes an amount of 147.5 millions discounted for other federal- - reserve banks Tby the Cleveland, Chicago, St. ; Louis and . Min neapolis reserve banks, while the total of acceptances on band comprises 27.5 millions brought , from the-New Tork Federal : Reserve bank without the lat ter's indorsement. A decline of 2.5 mil lions in treasury certificates represents in part - liquidation of temporary pur chases of certificates from non-member banks. As; result of all these opera tions total ; earning asset . show ; a de cline for the week of 3.1 roliuons. Government deposits fell off 88.3 mil lions, reserve deposits Increased 1$. mil lions, while the "float" carried by the reserve banks was 46.3 millions less than the week before. ' Net deposits shew a decrease of 23.4 millions. ' Federal : re serve note circulation declined about 11 millions," Philadelphia, Cleveland and Richmond reporting- v the largest de creases. Direct withdrawals of gold by member banks and exchange . of notes for gold to meet the export demand, ae count largely for the decrease of 28.1 millions in gold and of 27.5 millions In cash reserves. The banks reserve ratio snows a eecime irom 6Z.T te- 62. per cent, . ... . - , S, G. Sargent and E.H;Tubker Giveix Federal Positions -Word has been received by C I Lamping, manager - of the Portland branch of the federal reserve bank, of the appointment 'of S. G. Sargent, chief examiner of the Twelfth federal, reserve strict, to the office of assistant federal reserve ; agent, The ; appointment was made by ; John Perrin, federal reserve agent for the twelfth district. Mr. SarJ gent was a former ; Aate bank . exam, iner of Oregon prior to W. H. Bennett's term. - ' " ' E. H. .Tucker was also appointed as sistant federal - reserve agent to have charge of the details of the federal re serve department. . v Decrease in Injury Case bn'S., P. & S, Railroad This Year """" -" " Statistics nave, just been received from H. J. Bell, regional supervisor of safety an tbe Northwestern region, showing that rthe Spokane. Portland -& Seattle railroad made a, decrease of over 3 4 per cent in ' personal Injury accidents during the first four months this year. and- made a record . that only one rail road in the Northwest,: the Minneapolis 4c St. louis railroad, was able to excel. ' The safety supervisor sends a report of no accident week aa follows: "Final report 'no accident, week shows SO out of 63-roads with clear records. 13 roads report total of 107 accidents, compared with-; 478 same week last year. decrease of 371 or 78 per cent. Con gratulations, i Believe the result comoen sates for earnest efforts made by every one." ! ; i. Marriage Licenses Oregon City, July 2. Marriage 11 censes were issued Tuesday to the fol lowing : Mrs. Anna Ginther, 28, and Ralph C Kemp. 30, Willamette ; Helen Tracy, 23. . Logan. , and William Chris tiansen, 23, Barton; JLaurabelle Ryan. 27, and Joseph M. league, 39, Oregon city. ;.. - - . Gust Drakos Arrested V a n e o u V e r. Wash.. July 2. Gust Drakos was arrested Tuesday; evening on a statutory chargev. A young boy. whom Drakos .is said to have lured away from his home at Onalaska Thurs day, is the complainant. PACIFIC COAST BAKK STATE JTEICT t ert land Banks Claaitaas.- Thi wk. Tsar ace. Monday $ 4,82.791.4 $ B, 746, 072.86 Tumdarl ... - 3.356.966.00 4.107.046.77 TVednesdsy .. S.105.003.77 4J16,6S7.08 ' Tseania Banks Claariacs ................ t 883.02010 BaUneca ........... i ... . 130.888.00 .Soakan Bankl ctesrincs .......... ,r:. .. 8 a.4e.s44.e Balances . ' fiSS.e7S.00 Saatlla Bankt ' Claarines ................ 3 7.296.S11.O0 Balaneea . . .-t . .... - a . .- - 1.7S3.C2S.00 :-- Ban Franclseai Banks . Caearines .630.141.089.48 . . . Los aaeia Bcssa Olearinn 8.450,723.00 LIBERTY BOND SALES liberty beads closed is the New Torir starlet at followias price: Thnndar,... FrUUr...... Satarday. .. Moeday. . . . Tnaaday . . . . . Wadn day. . , 0.28 . : 99.30 90.40 99.84 9.84 ' 1st 4s ., 24 4s 4.90 ',. 98.94 4.84 . 98.90 . 94.80.;-J 93.90 4.90 : i 93.90 . . . . : 08.80 ' 94.08 93.84 lst4 2d4Ka 5.20 94.14 5.20 94.1 0 85.80 94.10 95.10 94.14 5.10 94.08 95.20 94.18 Victory d4Ht 4th 4 Ul Ss - 4s 86.12 84.10 100.08 ? - 99. 88 5.10 94.10 . 100.10 v 88 88 5.08 84.08 lSO.lO - 9.94 5.10 ; 04.08 100.1O 89.84 5.08 84.08 100.04 98 9 95.10 84.18 100.08 99.86 Amst for Non-Support ' - Elmer 25. Scott was arrested Tuesday by . Peputy Constable Watklnds and placed in the county jail on a charge of non-support, . ... v ....... y Market Prices for Victory eJUidiliyLO We caa pay ye ator aa4 aar our clients money. If yon wish to sail sak as to nxtotm yoa. nr Verfc eueutlsns sally 8? 1st 4s 1M 4 1st 41i 2nd 4 V 3rd 4 V. 4th ' 414 Vfct. 4 mark. B8.8S . 4.70 ' 8.80 6.10 - 84.28 5.08 , 4.14. -loo.oe '. . . Interest .17 ' - .i ' .83 - - .20 : .33 ' 18 ! .57 . .44 k , Tetsl VbV8pB -' 100.83 100.43 Deliver m yeus ftewss In perese ee by etfl(Ufa mm, ana we win ssy rev nif nen prices - FREEMAN Smith CAMP COe " tfasiwessiawai bVhsk But. tlAM 846 CLARMEIiDALL&CO. Ooveraratat, Maalelfal a Coryoratloa Beads , Ceraer Fifth ai Stark k - Streets,,- LIBERTY. BONDSV ; We recommend the pur chase of Liberty Bonds and are prepared to fill orders tn . anyajnOwnC-:';';;'sjV;-' If yon. have Xdberty Bends to sell, we will buy thera from . yon at highest prices, depend ing on Now Tork market quo tations received by wire daily . s-ii1 MEAOQUaRTgR LIBERTY BONDS We BUT and BEOA any . amount. Tfew Tork quo- tatlons, ' by - wire every v . sb r n 1 a g. - interest in eluded: - A" il mm 11 LilijlJ li L "V. ' Wo of fer, subject to taleV . . . " ' - ' ' . A ' , MUNICIPAL BONDS Amount ' ' , ' Maturity $'40,000 ; Columbia Irr. Dist. 6s (New Issue) .19301939 - 3,500 Cowlitz CO. WnM U. LV.N0. 8, Gs.l928-129 89,000 Cottonwood H'way Dis., Ida., 53,1930-1939 300,000 Bingham Co., Idaho, 5s. .. .... ... . 1929-1933 .44,000 Lapwai Valley, Ida., Highway 5s-l930-1937 -7,100 Madera, Cal Improvement Ts. .1920-1923 .15,000 Port of Bandon, Or., 6s.. . .V. i .tl 920-1923 56,500 Sheridan, Wyo.( Improvement' 6s. ; 1020-1928 31,900 Worland, Wyo., Drainage Pist. Gs. 19261938 TJfld Per Cent G. 6. 5,15 4so 5. 5.235.50 .5. 6. " I e - i ' ' ,:: CORPORATION BONDS yr ... 13,500 . (Par Value) Fisk Rubber Co;, 1st ' J s . - r .. Preferred Stock .. .' 15,000, N. Y., Chi. & St. L. R. R, Co. 6s; ..1931. , 35,000 Can. Nor. Ry. Equipment Trust 6s. 1920-1927 5.S75-G.00 7. ' 6.75 CANADIAN MUNICIPAL BONDS 6.25 G. f (5. . ' G. 75,000 Burnaby, B. C.,j6 .- .1924 - 15,500 Greater Winnipeg Water Dist. 6s:; 1923 . 5,000 Vancouver, B. C., is Lv.,1922 11,000 Vanconver, B.C.; 4V$s ........... 1924 ' '24,000 Victoria, B, C, iyis , . . . . . ; ,'1924 Circular-containing a. full description of" the above issues : may be had upon request. OTBERMENS TRUST GOLIPAHY . V - - Lumbermen. Building. Fifth and Stark ' - Half J4ilUn ta Capital -1 ''. Hundred Thousand in Serplus CSTAaUSHIO 1019 G. e. mille: & COMPANY. . investment Securities OVKRNMINT MUNICIPAL COItPOa- TIOSJ . BONDS 205-6 KORTHWESUnil EA!!X BUILDP r t ... PMONK MAIN 4188 . I " . 1 ; SHs 88.M Is 4s........... MJt sad 4a.. 4.4S 1st 4s.,. ....... JS -i-lit it.. .? 8i-d 4s.... , tM( - 4th 4V4S . - . Victory 44s..,.,. 108.43 ' t It necessary to sell your ,1 i , Bonds, bring, thera -to us. We pay highest . local "prices.. . . ' . s ROBERTSON & EWING C07-S H. W. BANK BUILOINa 4- " VfURK ROBKRT80BJ m. e. cwiaa E. H. ROLLINS & SONS 411 United States National Bank BIdg.y , Portland, Oregon f Of fer Subject to Sale: r Bonds f ins nno Rrkelav. Cal.. Hirh School Dist... I. . . .5 Z3 b.ooo Berkeley, uai., ecnooi jlubi iwum 85,000. BUte of Tennessee. Municipal..... ..,,,.4H IionJs 1.000 Santa Crus County Highway..... 5 Bonds 38.000 Pierce County, Wash., Army Post.,. ....5 Honde 6,000 Ixs Angeles, Ual., :iect. Ul.. ...,..... iV. rtnnaa ':- 4,000 Los Angeles Gas c Klec Corp.. 1st A R..6 Ponds 1,000 Huntington Land Imp. Co. Coll. Trust. J 25,000 Bo. Cal. Edison Co. Gen. Ac Ref..... .....8 7.200 Santa Barbara Oas tc Elec. Co. 1st...... 6 .28.000 So. Cel. Edison Co., Oen. Mortgage. . . . .,5 20,000 Great Western Power Co. 1st Wort...... 6 20,000 Western Pacific K. R. Co.. 1st Mort.....6 6.000 Ixjuisvllle Gas Jk Klec. Co., 1st dc Ref.,,-. 7 i.000 Liberty Farms Oo, 1st Mortgage........! BET AILED IKFOBMATIOW REOAHDliro ' ABOVE SECUBITIES V r- IrUJIJIlHHISlI OH JtEWUEnT Yield i.0 Vield .0 Yield 4.45 Yield 4.0 Yield 4.70 Yleld'4.60 Yield 6.40 Bonds. Yield 8.00 Yield 6.00 Yield '6.38 Itonds .Yield 6.B c Honds Yield 6.00 Bonds. Yield- 8.26 Bonds Yield 6.43 Bonds Yield 8.00 San Francisco; Cal Los Angeles, Cal. . Government and -Municipal :.; . ' ' . Bonds . Bought "and Sold F.inovepaaux 5; Company - 87 Sixth Street . Municipal Bonds - ' Broadway 1042 , . , t Groun. Floor Wella-Fargo Building HAEEi COMPANY Boy and Sell U. S. Government, Foreign - CovesTnasent, '.i . " . - " - Railroad, Public Utility, Industrial, MunScipal BONDS :'" .'Quotations Jpon Request Lewis Zldg Portland, Or. Telephone MarsaaS S3 Sixty Years Ago This bank; was only , ariA i.dea assuming form. ' But it ,was.-an idea based on a vision of 'wonder ful development : for the 'Pacific Northwest.; ' ' : That development has .come, and Ladd & Tilton Bank has de-. veloped to , a modern t banking institution fitted to the needs of a great city..' Todsy concerns scekinr a - banklfie connection that will adequately rmeet all demands of home and foreign com merce, will do well to confer with the officials of this bank. I iiiiiir - i jn i( ij(j;iiiijLii.ritMi(i. .iu i'.,.'wmiimw.Mi'iisimTwi'i mm L1 'H" ti"ii.'ir"j i i i i ' " -.-..v -T I ' - x JJtJtCCRAlL RESERVE "Si I vx- v -x ,N CaWY57tMj-l i f . x x v ,x" ? x ;-f"iS. J v x - . . Vx"5: .-;---. xx.;x.. - ..-x . .x, JxJiT-.-: .. X -x- - x x , x x x x ' 0 VA xx 4 x- - v. ; 1 " X , x, 1 - t N' x. ' - S.xW. ' . x X xC5 X XX xXXi V- ' t VsW n a-M .x - - w v . v- x u a ae a - v a jf-- - Oldest M the Jfor6hus6.: W Pi v , Washington 1 . . jTirnTTrn t: w etO-LUK ( I f
