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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Sept. 23, 1919)
18 .THE OREGON DAILY JOURNAL, PORTLAND, TUESDAY, SEPTEMBER .23, 1813. DIRECT EUROPEAN SAILINGS NAMED Steamers of 9500 Tons Sched uled to Load in Portland in the New Freight Service. CARGO NOW BEING BOOKED Shippers May Also Send Goods Direct to Scandinavian Ports on These Ships. Portland exporters and manufac turers will have the opportunity dur the first week of October to ship either direct from Portland to Lon don and Liverpool or to Scandina vian ports, according to an an nouncement made this morning by the Columbia Pacific Shipping com pany. Officials said that two 9600 ton steel 'steamers would berth In the local harbor to accept local freight. The first of this pair of vessels to arrive here will be the Dewey, second Of the Pacific ooR8t-T.,0ndon and Liver pool line of ships. The first vessel on this run was the Eclbeck. The Dewey Is now loading in Seattle and with a fair amount of cargo offered here will Complete filling her holds in this port. Second of the Kjiropean steamers will be another vessel of Puget Sound con struction. The name of thfs ship has not been determined by the local oper ators, but they have received the assur ance that the vessel wjll be assigned here for loading during the first week , of October. Substantial cargo offerings have been booked for the S;andinavlan vessel In Portland, and with a little more cargo the Columbia-Pacific officials are con fident they can fill the ship. Strike Disarranoes Schedule The . City of Topeka, which arrived In the local harbor from San Francisco today, will sail for the South Thursday Instead of Friday this week, according to announcement made by her operat ors, the Pacific Steamship company. Owing to the waterfront strike in San Francisco, the Topeka brought passen gers only from California with a little freight ' loaded at Marshfield and KUreka. During the strike In Califor nia, it Is probable that the vessel will operate on a nine day schedule instead of the regular 10 day run. Liquor Search Fruitless A second midnight raid on the oil tanker Chanslor, moored near Linnton, proved unsuccessful for the police. About a week ago the steamer was raided and some 140 bottles of whiskey confiscated. Monday night the city sleuths slipped alongside the boat in the harbor patrol. They left early this morning a tired lot after going over the entire beat, but without finding any liquor. s Ship Sails for Orient Having successfully completed her sea trial cruise Monday afternoon, the West HiTtland, operating In the Pacific Steamship company's Portland-Oriental service, sailed Monday night from As toria for the Orient. The West Hart- sltel, paper and general freight. The steel steamer Waban will berth in the local If&rbor this week for the same serv ice. She Is scheduled to sail October 4. ALL ALONG THE WATERFRONT The steam schooner Daisy Putnam ar rived In the local harbor from San Fran cisco this morning and docked at the Multnomah Box company to load lum ber. The Peninsula Shipbuilding company's wooden steamer Bellbrook started on her river trial trip this morning. The Bell brook will enter the service of the Pa cific Steamship company soon. Two trial trips of wooden steamers are scheduled for Wednesday, the Di ana, a Supple-Ballin vessel, being one of the pair. The Norwegian motor schooner H. C. Hansen arrived at the O. & C. dock this morning to load ties for the United Kingdom. Arriving in the local harbor this morn ing the, oil tankers Chanslor and Wash tenaw began discharging their cargoes, totaling about 68,000 barrels. The wooden steamer Latoka was moved from the Pacific Marine Iron works today to begin loading ties for the United Kingdom. The Latoka will be operated by the Columbia-Pacific Shipping company. When the West Segovia, 8800-ton steel steamer, operating in the service of the Columbia-Pacific Shipping com pany, left a few days ago with a lum ber cargo for the Orient she carried 4,350,000 feet of Oregon timber in her holds and on deck. Calling attention to the terrible dust explosion which occurred in a Kansas City flouring mill two weeks ago, M. H. Houser of the United States grain cor poration has issued notices to all mills, elevators and warehouses in the dis trict to observe cleanliness. Captain D. O. Killman has been ap pointed master and S. B. Sheppard chief engineer of the steamer Bellbrook. Docked at St. Johns the schooner Else is unloading 980 tons of copra brought from the Tonga islands to the local fac tory of the Palmollve company. News of the Port Arrival! Scptambar 23 H. C. Hansen, Norwegian motor schooner, from Port Angeles, ballast. Vahtnaw. American steamer, from Port San Imim, oil. Arrival! BapUmbsc 22 Daisy Putnam, American steamer from San Flalicio, tuukiot. J. A. Chanslor, American steamer, from Qa . viola. oiL Departures Septambar 23 J. A. Chanslor, American steamer, for Ga viota, ballast. MARtXK ALMANAC Weather at River's Mouth North Mead, Sept. 23. Conditions at the mouth of the river at noon: Sea smooth; wind north, miles; weather clear, humidity 47. Tides at Astoria Wednesday High water. Low water. 1:H a. m., 7.7 feet. s :05 a. m.. 0.7 foot. 1:50 p. m., 8.1 feet. 8:83 v. m , 0.1 foot, DAILY RIVE a READINGS FOR NEXT MONTH STATION. wsl S-B 15 VnwUll I 25 27h '. 0 U.00 Albany 20 0.0 o O.no Salem 20 -O.fl 0 0.00 Oregon City . i J2 4.8 -0.2 O.Oo Portland IS 8. '0.7 0.00 - tV Rising. ( ) Falling. . . . ASVX.IV XUUI.IJ19 1 The Willamette river at Portland will remain ' nearlv atatintiArv dnrine th naive two a, thn days, except as affected br the tide. at Neighboring ports '"a. Kept, 23 BaUed at S laat night "wt Hartiand lor UniDL tiailwl t fi "iltartland la a. b Steamer Klamath for Saa IMeco and an Kranctseo. Arrived it 7:80 a. m.- Steamer Wanhtenaw from Port San Lois. Arrived at 8:15 a. m. tlteamer TirerUm from San Pe dro. Eureka. Sept 22. Salted at noon Steamer City of Topeka from Ban Francisco, for Port land via Coos Bay. San 1'edro. Sept 22. Arrived 8teamer Ca beza from Portland or United Kingdom. Astoria, Bept. 22. Arrived at 2:25 p. m. Hteamer AspinhiU from trial trip. Arrived at 10-30 and left np at 11:30 . m. -Steamer iJsiny Putnam from San Francisco. Arrived at noon and left up at 1 p. m. Steamer J. A. lianxint from Caviott. Left up at 3:30 p. m. Motor schooner H. C Hansen from Port An-1 Seattle, Sept. 23. (I N. 8.) Arrived: SS, Frehb-nt from San Pedro, via San Francisco and Victoria, 2:40 a. m ; Mannahocking from Bellinaham, 1 a. rn. Arrived. 224: 8. 8. Toko Mini from Yoko hama and Kobe, 7 p. m. ; Fulton from T scorns. 8 p. tii. Sailed 22d: HS. Kohan Mara from Yoko horaa and Kobe, 3:30 p. m. Seward, Sept. 22. (I. N'. 8.) Sailed: SS. Northwestern North, 4 :80 p. m. Ketchikan, Sept. 22. ( L N. S.) Sailed: SS. Prince Mary, north, at midnight. Kinmiale. Sent 21. (I. N. Si Passed: SS. Chamnlain from British Columbia porta for Jueentuwn for orders. lialooa. Sept. 21. (In. N. S.) Arrived: SS. Fonduco from Seattle. Shanghai, Sept. 13. (In. N S.) Sailed: 88. West Connb for San Francisco. Hankow. Ker.t. 1H. (In N. H.) SS. Justin for Ursula and Tacoma, Yokohama. Sept. 22. (I. N. 8.) Arrived; SS Arabia Marn from Seattle and Tacoma. Tokoliama, Sept. 18. II. N. S.) Arrived: 83. Olen from Seattle. Sept. 14, arrived: SS. Empress nf Asia from Vancouver. Sailed: SS. Kaxliimi Ms.ru for Seattle via ports. Sept. 1 H, sailed: SS. Africa Maru for Seattle and Tacoma; Empress of Russia for Vancouver. Honolulu. Sept 22. (I. N. 8.) Arrived: SS. Niagara fmin Sydney for Vancouver. San IHegr, Sept. 22. (I. N. 8.1 Arrived: RH. Phyllis from Tacoma and proceeded for San Frsnci-co and ports. Port Townend, Sept. 22 (In. N, 8.) rw.l out: SS. Culvert, 5:15 p. m. ; Editor. 6 : 1 5 p. m. Port Camhle. Sept. 23 (I. N. 8) Ar rived: SS. F. 8. Loop from San Francisco via Tacoma and Seattle, lis. m. Everett. Sept. 22. (I. N. 8.) Sailed: SS. W. S. Porter towing ship Marion ChUcott for San Franeitco and MunUrvy. Pnget Sound Navy Yard; Wash., Sept. 23. (I. N. 8.) Arrived: SS. Captain A. F. Lucas from San FranciMO. Point Wells, Kept. 23. (In N. 8.) Sailed: SS. I. G Scnfield for San Francisco. Eagle Harbor. Sept 21. (I. N. S.) Ar rived: Schooner Spokane fruin Tacoma, tow ing. Tacoma. Sept. 23. (I. N. S) Arrived: SS. Alameda from K-Rttl.v Sept. 22, arrived: SS. Windber from Bellfngham. Kan Francisco. Sept. 23. (I. N. S.) Ar rived September 22 Schooner Samar, Ivuka, 11:40 a. m. ; Alliance, MaiaUan. 12:20 p. m. : City of Para, Halboa, 1:45 p. ui. ; Admiral Farragut, Los Angeles, 3:13 p. in.; L". K. destroyer Itizal, i p. m. ; Peruvian steamer Aurelia. Eureka, 6:45 p. m. ; Asuncion, EI Segundo, 5:25 p. m. Sailed September 22 Barge Fullerton. in tow tug Fearless. Port San Luis, 12:10 p. m. : Jaines steamer Tsuhhima Maru, Yokoha ma, J 2:50 p. m. ; tug Samson, Marshfield, 2:2u p. m. ; .ecanicum. isrooaings, p m. , SiH-kaiir, Los Angeles, 4 :20 p. m. ; Sea Foam. Mendocino, 3:25 p. m. ; Horace X. Baxter, Los Angeles, 10:40 p. m. 100 CARLOADS ONI. S. ARMY STORES EN ROUTE E FROM THE EAST Government Store for Sale of These Goods to Open Later Than at First Announced. Because food and clothing to be sold In the government's store here have not arrived, opening- of salesrooms In the Marshall Wells budding will be delayed several days beyond September 23, the scheduled date. , Announcing that 10(5 cars of goods to be sold In Oregon and Idaho through the Portland store are now on the way from the East and should be here in a few days. Major Frank P. Tingley, depu ty zone supply officer, today said parcel post shipments to customers who re cently bought through the postoffice will begin Thursday. They have been delayed because supplies did not arrive from the East. More than J 100,000 in orders were received for parcel post shipment from Idaho and Oregon cus tomers and those In the seven Washing ton counties bordering the Columbia river. Portland persons have ordered $8000 worth. "Most of the $121,000,000 surplus of army food and clothing is in the East," said Tingley. "We have no surplus on the Pacific coast except in prunes. So we must wait until our supplies arrive before opening our store." He said 750,000 pounds of prunes have been shipped to San Francisco. Los Angeles an Seattle from Portland in the past three days. They sell for 10Va cents a pound. Only bona fide consumers may buy government stocks, according to Tingley. The army intelligence service will ferret out dealers who acquire food and cloth ing to sell at Increased prices. Between 25 and 50 employes will serve the public at the store. First Lieu tenant E. Fowler of the quartermasters' department will be in charge. All sales wift be for cash only, and no delivery system will . be maintained. STATE FAIR AT SALEM (Continued From Page One) probably not before Thursday. During the afternoon the speed events held the center of the stage, followed by fire drill with an exhibition of dare devil leaps from tall buildings on the grounds by a picked company of fire fighters under command of Fire Chief Thomas Graham. Tommasino's famous Italian band of New York dispensed music throughout the day. This morning's program included stock-Judging in the coliseum at 9 o'clock, a concert by Tommasino's Italian band and a meeting of the Oregon Dairy coun cil in the auditorium of the agricultural pavilion. The council was addressed by Professor E. IL Farrlngton of the Uni versity of Wisconsin, Professor O,. D. Center of the Oregon Agricultural col lege and J. D. Mickle, Oregon dairy and food commissioner. EVENTS UNDERLINED This afternoon's program includes the speed program from 2 until 4 o'clock, a concert by Tommasino's band and a repe tition of the fire drill. The horse show, the big society event of the fair, opens tonight with entries from all Pacific Coast states as well as from British Columbia, Tomorrow is Salem day, usually the banner day of the fair in point of at tendance. Wednesday night the Oregon Pure bred Livestock association will meet in annual session in '.he auditorium of the Agricultural pavilion with addresses by John I Smith of Spokane, C. E. Howell of Pullman. Wash. ; Dwight Putnam of Tecumseh, Neb., and Harry Jenkins of Downers Grove, 111. The annual ban quet of the association will be held Thursday night with O. M. Plummer of Portland presiding as toastmaster. An interesting exhibit has been ar ranged by the better business bureau of the Portland Ad club In the new live stock stadium at the .Oregon State fair In Salem, HER A WONDERFUL SHOW TO OF LATE E Four Thousand People Throng Stadium at State Fair Grounds to Take Part in Ceremonies. HEROES ARE EULOGIZED Governor Olcott Tells of Work of Predecessor for Nation and in Building Up Farm 'Home Life. Salem, Sept. S3. Four thousand people thronged the new stadium at the state fair grounds Monday night to pay tribute to the memory of the late Governor Withycombe and to the American boys who served in the world war. Beautiful tributes were paid to Ore gon's war executive by Governor Ol cott, at whose suggestion the program had been arranged. Judge Wallace Mc Camant, Judge George Stapleton, Ches ter A. Moores, private secretary to Gov ernor Withycombe, all of Portland, and President P, L. Campbell of the Uni versity of Oregon. A. C. Marsters, pres ident of the state fair board, presided. "He literally gave his life to the serv ice of the stale and, despite his declin ing health, hurled himself vigorously into the work that was cut out for him to do," declared Governor Olcott, in speaking of the man whom he succeeded as governor of Oregon. Speaking of his love for the rural life of Oregon, Governor Olcott continued : "Patiently and' untiringly he gave the best years of his life to the Oregon farmer. He worked devotedly and with out complaining o make rural condi tions better, to improve the farm home, so that the farm boy would remain there, and so that the welfare of the entire family would be on a high plane. His work bore fruit and on hundreds of farms in Oregon today his name Is remembered with sincere gratitude." Julia M. Carlsen Dies at Residence ' Of E. A. Carlsen Mrs. Julia M. Carlsen, formerly a resi dent of the suburb of Jiusselville, died Sunday at the home of her son, E. A. Carlsen of Bachelor Island, Wash., at the age of 65. Funeral services were held this afternoon at the chapel of the East Side funeral directors and final services were at the Portland Crema torium. Fred Morons Fred Morgus, discharged soldier and business man of St. Helens, died at St. Vincents hospital September 15, after an operation for tonsilitis. Morgus was a St. Helens dry goods dealer. During the recent war he served in the spruce division at Vancouver, being discharged from the service only a few months ago. Morgus was born in Oregon 23 years ago of Syrian parentage, and was Identified with the Elks and Knights of Coiumbus. He was the son of Mr. and Mrs. Morgus, his father and mother both surviving him. Funeral services were held in the Catholic cathedral of Port land. Father O'Hara of this city con ducted the funeral. Mrs. Mary Lucy Rossfter Mrs. Mary Lucy Rossiter died Sunday at her home. No. 6028 Thirty-ninth ave nue southeast, at the age of 41. She was born and reared in Portland and is sur vived by her husbafid, Robert E. Ros siter, and a daughter, Violet Rossiter. Funeral services will be held Wednesday at 2 :30 p. m. at the chapel of J. P. Finley & Son. Fifth, and Montgomery streets, and burial will be in Riverview cemetery. William Jacob Neer John D. Neer of this city has received word of the recent death of his brother, William Jacob Neer, in Selma, CaL W. J. Neer was nearly 70 and formerly re sided in St. Helens, Or. He is survived by his widow, Mrs. Mary Neer, and one daughter, both residing in Selma ; two sons, a sister and three brothers. Mrs. Frances A. Brumby The funeral of Mrs. Frances A. Brum by, who died Monday at her home, 615 Kast Sixty-first street southeast, will be held from the chapel of J. P. Finley & Son, Fifth and Montgomery streets, Wednesday, at 1 :30 p. m. Mrs. Brumby was 53 years of age, a native of Lapeer county, Michigan, and had resided in Portland for the past 14 years. She is survived by her husband, P. S. Brum by. Final services will be at the Port land crematorium. Federal Attorney Seizes Gross of Mislabeled Drugs War by the United" Stales attorney's office against improperly labeled drugs sold in Pprtland is possible if shipments here continue in large numbers, accord ing to Assistant United States Attorney Charles W. Reames today following seizure of 12 dozen bottles of Leonard Ear Oil. Fifty-nine bottles of Milk's Emulsion, claimed to cure consumption, were seized Monday. Acting on telegraphic instructions from Washington, II seizures of improperly labeled drugs have been made in Port land in the last two months, says Reames. Libels filed charge violation of the pure food and drugs act in that labels are untruthful. Forgot to Lock Up Again The door of the 2-J Chemical Soap company, 323 Russell Btreet, was found open for the second time within a week this morning by Officer Sullivan, ac cording to a report he made this morn ing to Captain Harms. "I also found both safe . doors open this morning," Sullivan said. The officer adjudged nothing had been disturbed, so he locked the safe doors and store doors. The door was also found unlocked Satur day morning. Indictments Dismissed Indictnicms against J. L. Brown and E. J. DrumYn on a charge of stealing an automobile from J. D. Irvine of 445 Hawthorne avenue were dismissed Mon Uay by Presiding Judge Gatens upon the representation of , Irvine that the bringing of the charges was the result - mistake on his part. No arrests Bad been made. J RBUTES PAD MEMORY GOV WHY01 Finance, MARKET UNREST IS RESULT OF Wall Street Votes Strike a Fail ure in View of the Fact That Only Few Men Abandon Work. MILLS ARE STILL RUNNING Expectation Is That J. B. Duke Will Become President of the American Tobacco Company. By Broadan Wall New York. Sept. 23. Professionals were caught heavily short of United States Steel. United Retail Stores and Bethlehem. In all of these issues the I developments are such as to make better prices logical. There is quite a large short interest in the general list also be cause so many trades are expecting union labor to start riots if the re sponse to the strike call is not satis factory. In addition to the short interest that is entrapped in Bethlehem, it is reported that the company's employes will re fuse to obey the strike order. In and about Bethlehem are thousands of j trained steel workers, ready to take the pitce ui any men wno go out. It Will be the policy of the company to replace strikers quietly and permanently. The steel companies will be very well pleased if the disloyal men can be weeded out whether they number 10 per cent or even .20 per cent of the whole body of work ers. Further details regarding the coming together of the tobacco people under the leadership of James B. Duke will prob ably be made public officially in a day or so. The expectaton is that James B. Duke would, at the request of Per clval S. Hill, become president of the American Tobacco company. When it was reorganized he had much to do with the buying which put that stock to a new Jiigh record today. Ohio Cities Gas was well bought by traders, who believed it will be ab sorbed by the Sinclair combination. Non-partisan reports coming from the steel regions today were to the effeot that a smaller percentage of the men had abandoned work than the union ex pected. Myis were running, and al though many of them were short handed the outlook "was for a continuance of operations unless there are riots. There will be but little violence. Wall Street voted the strike a failure and acted ac cordingly in the market. . BOSTOX COPPER MARKET Furnished by Overbeds A Cooke Co.. Board of Trade building : Closing Bid. Ak. Adventure 1 )j Ahmcek 1H Allouez 41 Arizona 14)4 Butte Bal 4 0 Calumet & Ariz 71 Calumet & Hecla 400 o 80 42 15 fiO 72 410 17 51 in. i;n 4 U 1 6 4 4 7 9 9 V, 65 10 1 1 2 42 60 'cutennial 1 3 H f ' 1 1 6 i t; (oT'ier Itange Ialy Vet . . . Kast Butte . . . iranby 'Jrccn Can 41 Indiana 1 Kerr Ij&ke 4. Keweenaw 1 Lake 6 La Salle 3 H Mason VaL 3 Mass. Cons. 7 xi Mayflower 8 Michigan 8 Mohawk 64 Nipissinn 10 H Boston Ely 1 s North Butte 15Ms Ojibway 2 Old Iom. 4 1 Oceola 57 Shannon Shattuck . . . . . . South Lake Sup. &sBoston Trinity V. H. Smelting t'tah Cons Victoria Winona Wolverine CURB LIST Chief Cons. C. M TIE OH 2 .i 2 H 13 1 .1 2 ' 2 H 2 H 2 1 i 2 6S't 68 74 9 H 10 3' 4 1 Vs 2 23 23 3 S S I 6 OH 104 10 30 35 H 62 68 43U 44 Itevi Daly lO uenbign J. Verde McK Verde. Ext. 43 V PACIFIC COAST BANK STATEMENT Portland Banks Clearings This vfeek-. Tsr Ao. Monday ....S 7.91 2. 94 A l .t X ans 7911 nit Tuesday .... 5,758.ei2.77 4,b93,717!,)7 Tvnmk Rank Clearings Tuesday $ 918,727.45 Balances Tuesday 256,276.03 8pok&ne Banks Clearings Tuesday $ 2,277,514.00 Balances Tuesday 623.987.00 Seattle Banks Ci"aringi Tuesday $ 8,3 IS, 042. 00 Balances Tuesday 2,795,290.00 San Fnnrlirfi Rarlt Clearings Tuesday $28,053,074.00 Los Angeles Banks Clearings Tuesday $. 7,748.424.00 Tom Monks Is Given Permit to Rebuild 17th Street Plant Tom Monks was given informal con sent by the council to proceed with re censtruction of the Portland Boiler works at Seventeenth and Pettygrove streets this morning. Reconstruction of the plant, which was partiallydestroyed by fire, has been held up because of re monstrances submitted by property own ers. When Monks brought written consent of all owners except one within 200 feet of the site, the council informally directed him to proceed. Industrial plants have been unable to secure boil ers, it Is stated, during ihe delay caused by hearing on the perrmt. ROBERTSON & EWING LIBERTY BONDS MUNICIPAL K(w Tork Qaotatloas, Interest Included. IW.S siei.o First 4s 9.9 Second. 4s........ 95.86 First 4Yn 96J3 Second 4Vis t;.;i Third .4s Foarth 4Vs ;.87 Victory 44s isua We Bay sad SeU Any Amonnt. 207 Industry and Edited by Joe H. Jnrdaa Government Bond Issues Are Finding Ready Buyers Now United States government Issue of bonds have been among the fcest sellers on tbe various stock exchanges lately and through brokers all over the country. Prices have strengthened all along the line. . Much of the buying is said to be due to the effect of the war finance board and are in the direction of stablizlng the government issues. To show something of the task th board has undertaken here: are the Bales of the United States government bond issues on the exchanges during the eight months ending August 29, this year : 3s, 1032 4T (tax exempt).. .$ 101.109.000 lt 4s, cr. 34s, 1932-47 13.937,000 2d 4s. 2d loan, 1927-42 02.81MI.00U lt 4H, ct. 3Hs. 1&32-47... 15,039.000 2d 4is, c. 4s. 1927-42 230.4SO.OOU 3d 4 3d loan, 1928 305,243,000 5th, 4 '.is. 4th loan. 1933 38.. tiUl.54o.000 l.t.2d 4s, 4U loan, cf. 3)4, 1932-47 148.000 Victory 3s, cr., 1922-23.... 01,650,000 Victory, it, cr 1922 23 104,279.000 Total . . $1,556,345,000 American Exports ' And Imports Show Decline in August Washington, Sept. 23. (I. N. S.) American exports and imports decreased during August. The exports for that month vere valued at $646,000,000, an increase of $76,000,000 over July, nhile the August imports amounted to $308,000,000, a de crease of $35,000,000, the bureau of foreign and domestic commerce, depart ment of commerce, announced this after noon. The exports in August, 1918, totalled $727,000,000. and the August. 1018, imports reached a value of $273, 000,000. For the eight months ending August of this year, the total exports were varued at $5,275,000,000 as against $4, 900,000,000 for the same period of last year. The imports during the 1919 eight month period had an aggregate value of $2,263,000,000 as against $2,061,000,000 In lift. FINANCIAL, BREVITIES Announcement is made by the Far mers Bank of Weston that It is now carrying the largest sum of deposits in the history of the bank. Likewise its resources are greatest Gold coin valued at $1,000,000 has just been withdrawn from the sub-lreasury at New York for shipment to Spain, it was announced today. The sum of $500,000 in gold coin also has been with drawn for shipment to Central America. There is every indication that this year will be a banner one for the Port land chapter of the American Institute of Banking, says the "U. S. Crab." of ficial publication for the United States National bank. Twenty new applications have been received from that bank alone, making a total of 60 from the U. S. President Wilson not to interfere at present in the steel strike. Feels that ho has done all possible to prevent it and best he can do now is to maintain order while situation works itself out.. THE same high degree of dependability nec essary for the SAFE G U A K I N of yoar money on deposit is equally essential in SAFE GUIDING the money which you INVEST. Tou can satisfactorily ap ply such standards to the operations of Clark, Ken- dall & Coi, Inc. Ask tn have yonr name placed upon our list for qaota nons on "Better Bonds." :larkkeno4LL&coi ' COVtaNMENT MUNICIPAl. AI9 COSmsuaiOM 1 BONDS GOVERNMENT CORPORATION BONDS Local Securities ' - 8 Northwestern Bank Bldg. PORTLAND. OR. ill n r, -m i S Your Bond 21 j If House Like m i Your Bank ffi If Must Be Safe P an H g Serviceable p 4 lis 8 mssm Enterprise Stock; ibpics Furnished by Overbeck& Cooke com pany. Financial News says purchases on breaks promise profit as a role. Many good stocks have gone into strong hands. A favorable labor development would cause a rush of outside buying, judging from reports coming to hand. From responsible quarters bints are given of Influential buying of Inspiration copper on reactions in the general market. Rec ommendations are being made by im portant quarters to buy the sugar stocks on the setbacks. Europe is declared to be bare of sugar, famine conditions ex isting with little likelihood of a substan tial relief for two or three years to come. AVell informed buying reported to b taking place in Colorado Fuel on a scale down during recessions in the market. Humored Standard Oil fol lowing is ignoring strikes in the steel industry and is quietly absorbing tbe issue. New York Tribune Union leaders say 230,000 steel workers have quit; com panies estimate it at 150,000. Steel strike will fall because Its motive is political. Sinclair oil merger ratified. U. S. Steel corporation to buy common stock for employes under profit sharing plan. The best sort of buying of the Steel stocks has taken place. General manager of Brooklyn Rapid Transit sees foreclosure in property in near future unless company is grunted increase in fares. Gompers to appear before senate in terstate commerce commission tomor row considering Cummins bill, when he is expected to be asked his view of strike of steel workers. Central Leather declared extra divi dend 2 per cent in addition to regular quarterly dividend of 1 Vi on common, l)oth payable November 1, stork record October 10. The new Sinclair Consolidation Oil cor poration has been formed under laws of state of New York with a total author ized capitalization of 0,500,000 shares. Some Improvement in New England demand for cash corn and oats. Food administration has removed restrictions on the grades of corn that can be used by distilleries to make alcohol. Feeling in Wall street after the close yesterday continued confidently bullish and belief was quite general that steel strike would not be of long duration. Bullish talk heard on Baldwin and it was reported again that important de velopments may be expected at directors' meeting on Friday. American Locomotive continued to have many friends and some Insisted MM The Xortliwcsterh National Bank is prepared to send money abroad in any or all amounts, to any and all countries, under favorable rates. Funds are forwarded by insured, registered mail, from our correspondent bank in the nearest city, directly to the address of person named. We also issue drafts to those who wish to send remittances direct. Ask for Our Foreign Department The Northwestern National Bank Northwestern Bank Building Portland, Oregon il ' I CONDENSED REPORT OF THE CONDITION OF t The First National Bank AND Security Savings and Trust Company At the Close of Business September 12, 1919 nrrnnnpco The Firnt National Security Savings v,. , RESOURCES Bank and Trust Co. Combined . i I 1 Loan and discounts J23.8S4.699.6S fl, 800,564.33 25,655,2.63.98 U s bonds 6,103,223.81 6,103,223.81 Other bonds, etc 2,855,580.51 1,053,745.03 3,909,325.54 Stock in Federal Reserve bank 105,000.00 105,000.00 Bank premises and other real estate 897,575.80 897,575.80 Customers' liability under letters of credit and acceptances 1,125,902.50 6,000.00 1,131,902.50 Due from U. S. treasurer 75,000.00 75,000.00 Cash on hand and in banks 9,872,966.21 t 1,658,822.75 1 1,531,788.96 ToUl 44,889,948.48 4,519,132.11 49,409,080.59 iianTfiTinc The First National Security Savlngn r.h- LIABILITIES Banlt ana TrU8t Co Combined Capital Stock 2,500,000.00 250,000.00 2,750,000.00 Surplus and undivided profits 1,333,605.46 295,622.11 1,629,227.57 Circulation 1,499,995.00 1,499,995.00 Letters of credit and acceptances .... 1,129,562.50 6,000.00 1,135,562.50 Deposits 38,426,785.52 3,967,510.00 42,394,295.52 Total 44,889,948.48 4,519,132.11 49,409,080.59 that constant accumulation in tha Issue baa been la progress. "All the oil stocks were asserted to be in t position for a vigorous upward movement and a num ber of the motors have fheir own special following, especially Studebaker and Pierce Arrow. J. P. Morgan announces he is behind Gary In open shop strike program. Union heads to hold important confer ence In . Pittsburg when question of financing the etrlkeewlll be considered. LIBERTY Liberty bonds closed in the New Tork market SHs lit 4s 2(1 4s lt4l 2t44s 3l4Hs4th4Us i 4i Wednesday 99.98 94 98 93.14 95 10 93 30 95.26 93 38 99 88 1.H Thursday 99.DR 95. OU 93.44 95.10 93.44 H.V6S 03 54 99 9 U 99 63 Friday 100.00 95.10 93. 78 95.16 93.78 95. B4 93 0 99.93 99.93 Saturday 100.00 95 00 93. SO 95.12 94.24 95 70 93.84 99 96 99.93 Monday 100 04 95.00 93.00 n.Vln 94 20 95 N4 93.90 09 94 99.9a" Tuesday 100.06 0S.1O 93 98 95.20 04.20 90.04 93 0(1 99.90 90.92 . Our Growtn- H on SIXTH ST. "Services Cover and Encircle Drafts and Post Remittances To Foreign Countries Belgium Austria Bulgaria Hungary Crecho-SloTakis Jugo-Slavia France Germany Greece Serbia Italy Syria CONVERT YOUR LIBERTY BONDS BEFORE DEC. 15 Warning has been Issued by Secre tary of the Treasury Glass that un less the outstanding $750,000,000 of 4 per cent unconverted Liberty bonds are converted before leeember 15, no coupons are attached to the uncon verted bonds for collection of Interest after that date. BOND SALES at following prices Victory- I Deposits September 12. 1916 $ 10.786,000.00 Uerosits September 12, 1H7. 14,078,000.00 Deposits September 12, 1918 2J,84O,O0O.OO Deposits September 12, 1919 36,148.000.00 MAY WE SERVE YOU? The UNITED STATES NATIONAL BANK Sixth and Stark Streets the Northwest the Globe" Norway Poland Roumania Denmark Sweden Finland