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
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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
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etO-LUK
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