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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Oct. 15, 1919)
THE OKEUON DAILY JOURNAL,' PORTLAND. WEDNESDAY, OCTUUIiK 15. 1813. NEWS OF THE FINANCE;. INDUSTRY AND ENTERPRISE: WORLD Ki MARKETS fiO WILD AS PRICES SHOOT EVERY DIRECTION Opening Firm, Quiet Comes Fol lowed by Violent Advances Fin ally Closing Weak and Active.' WALDORF CROWD IN LEAD President's Illness, Labor Con ference and Miserable Weather . Causes the Uproar. , By Broadan Wall ':Ntr York, Oct. 15. The wildest wtock market of the year was seen in Wall street Tuesday. The opening was firm." with some prices showing material gains. Within an hour loss es had been, recorded as measured .from the high prices of the morning of from 8 to more than 12 points. Then," after a brief period of quiet, came a violent advance that carried quotations up 5,. 10 and In one case 1 4 u noints. . In. the late trading prices fell suddenly again, so that the average was lower than the low prices of the morning. Very mate rial losses were recorded in a ma lt - Let "Danderine Save Your Han Check ugly dandruff I Stop hair coming out and double , its beauty Jorlty of stocks. t. The. close j was at the bottom, witk the market weak and active. . - -: - ' - Three causes contributed to the uproar. The first was the president's condition. The second -cause was the" belief that the labor conference called by the president will dissolve Without 'doing anything. Third. Jt was miserable weather in the street and the market is so largely pro fessional that personal discomfort of the traders put them all in a pessimistic state of mind. YIELDS TO BAIDEB9 So, when a few daring raiders attacked the market, it yielded easily. The early raid was followed by a covering- move ment that frightened prime movers and forced them to cover their own contracts. Jn the afternoon call money ran up to 15 per cent and these traders, smarting from the 'defeat of the mornlngr. made another .vicious attack just before, the closing. The Waldorf . crowd was In leadership of this raid and so timed it that the . gong, stopped business Just when the crowd had sold all the siock it dared. - If no bad news develops and especial ly If some understandable report comes from the bedside' "of the president, the raiders wilt find themselves In a seri ous predicament when business is re sumed tomorrow morning. ALCOHOL SATES BAT Industrial alcohol was the best actor on the list. In the morning, when every thing was crumbling, this stock yielded only 2 points. ? In -the face of declines elsewhere, it then began advancing and did not stop until it, had moved 134 points from" the bottom, thus establish ing a new high record. It was a signal to the professionals that they were run-, nlng into trouble with their short sales. It saved the day. The next line of defense was the to bacco shares, Which " held ,. remarkably, strong during the entire session. Retail stores had an extreme swing of less than 3 points. The buying in this and in asso ciated stocks was of the best character. These stocks were so strong that they were selected for attack by the profes sionals who made the raid in the ' last NEGLECTING THAT COUGH OR COLD? Why, when Dr. King's New Discovery so promptly checks it The stock thus few minutes of the day. sold was well bought- .." , rOCB BIO SENSATIONS 1 ' General Motors and Mexican Petrole um, Studebaker and Chandler, furnished the four big sensations, of . the session. General' Motors began with a break of 12H points, advanced 18V4. broke 11 and advanced . 1. It' closed after all these moves with a net loss of 4 points.- Mexican Petroleum bad its followers running in circles alt day. At the open ing: It showed an advance of a point. It then promptly broke 10 points, vaev vanced 14 and went tumbling 11 points to 245, where it closed. ANOTHER MILLION OF STATE ROAD BONDS IS TO BEFUT ON MARKE11 iHghway Commission to Receive Bids for Securities-at Meet ing November 4. IT'S natural you don't want to be careless and let that old cold or cough drag on o that new attack develop seriously. Not when you can get such a proved successful remedy as Dr. Kind's New Discovery. Cold, cough, grippe, croup does not resist this standard reliever very long. Its quality is as high today as. it al ways has been- and it's been grow ing steadily in popularity for more than, fifty yars. 60c and $1.20 a bottle at all druggists, Salem, Oct 15. Another $1,000,000 worth of state of Oregon .4 per cent highway bonds will be offered for sale by the state highway department at its meeting in Portland, November s. No tices to bond buyers are being sent out today. The bonds will be in denomina tions of S1000 each, maturing serially, $25,000 April 1, 1925, and a like amount each October 1 and April 1 thereafter. These bonds are issued under authority of an act passed by the last legislature and are a part of the $10,000,000 road bond act under which J3,ooo,ooo wortn ox bonds have already been issued. If Dollar's Power Is Restored H.C.L. Goes The problem of reducing the cost of living, the federal reserve board says. Is mainly that of restoring ... the pur chasing power of the dollar, which has declined because credit expansion, un der necessities of war financing, pro ceeded at a more rapid rate than pro duction and saving of goods. The proc ess must now be reversed by increased production and saving, which . will re sult in a reduction of the volume of purchasing media in circulation. Notice is served that the differential rate of federal reserve banks on notes secured by government bonds, maintained to encourage the purchase and absorption of Liberty bonds, will soon be done away with. 80ARD0FHU VOTES DOWN BONDS Rejects Request of Highway Com mission for $1,000,000 Sale Following Controversy; Salem, Oct." 15 The 'state board of control, at a special session Tues day afternoon, refused to accede to the request of the state highway commission for -the issuance of an other $1,000,000 worth of bonds under .the Bean-Barrett act of 1917. The board gave as its reason for this action the fact ! that the act specifically provides for; the issuance of $1,800,000 in bonds, of which $1,200,000 already have been isaoed, the requested Issue exceeding by $400,000 the balance remaining tinder the authorization of the act. It is expected that the highway com' mission will take mandamus proceed ings to compel the board of control to accede to the request, on the ground that it was the Intention of' the legislature framing the act to meet the government appropriations, which have been largely increased by an amended act since the passage of the Beaa-Barrett act. The highway commission contends that the -state has full authority to meet -the government appropriation up to the ex tent of its 2 per cent taxation limitation. This limitation, it, is estimated, will pro vide an aggregate of $20,000,000. A total of $17300.000 already has been specifi cally authorized by various acts of the state legislature, leaving a margin of $2,200,000, which the highway commis sion contends Is still .available for use under the Bean-Barrett act. Davis Daly Copper company's Sep tember output was 1,134,000 pounds of copper and 44,650 ounces -of -silver, com pared with 1,100,000 pounds of copper and 60,000 ounces of silver tn August. - The offer made by the General Motors corporation for control of the Fisher Body company stipulates that the latter corporation increase its common stock from 200.000 to 500.000 shares of no par valuer The increase of 300,000 shares is to be purchased by the General Motors corporation, thus furnishing capital for the building of new plants and expansion of business. i ?i A little "Danderine" cools, cleanses and makes the feveriBh, itchy scalp soft and pliable ; then this stimulating tonic pene trates to the famished hair roots, revi talising snd invigorating every hair in the head, thus stopping- the hair falling out, . or getting .thin, dry or fading. After a few applications of "Dander ine" you seldom find a fallen hair or a particle of dandruff, besides every hair rhows new life, vigor, brightness, more i-otor and thickness. A- few cents buys a bottle of delight ful "Danderine" at any drug or toilet xmnter.--AUv. Constipated? Here's Relief Not that often harmful, always; vio lent and temporary help that, comes from harsh purgatives, but the com fortable, gratifying, corrective rel ation of stubborn bowels so pro nounced in Dr. King's New Life Pills. Tonic in action, they promote free biie flow, stir up the lazy, thoroughly but gently cleanse the system of waste matter and fermenting foods, and give you keen zest for hard work and healthful recreation, Ail drug gists 25c Adv. CHAS. CARLSON HADT0VW1BY FIRE IN SUMMER Blood1 Circulation Was Poor - v"After Years of Rheumatism ":" . ' Praises Tanlac. ' . "Teniae has done me more good than all the other medicines that I ever have token." is the testimony of Charles Carl son, who for 14 years has held a job as trackman with. . the Portland Rail way, Light & Power company. v "I've had rheumatism for 10 years, but : sometimes it was worse than others and in August I had to. lay off my work for the most of the month. Sometimes I couldn't get my shoes on my feet at all, not because they were swollen, but Simply, because I couldn't bend over to set to them. When I would have to go up steps I couldn't do It naturally, as I would have to lift up one foot and then reach down and pull the ether one :-, up beside it, ant.; I would have to do itnai way. on every step. "Another queer thing about my case ' WM the way my legrs from the hip down wouia stay com ail the time. Even- in dummel" time, when,1 1 was hot around , the body my legs and feet would be cold and every once in a while I would nave to stamp my feet to ret them warm Lots of nights my legs would get in this shape and X would, have to rub them with liniments and make hot applica tions. I guesc It was all due to the tact that, my blood did not circulate , into n ought to through my thighs and legs. , Why sometimes in the summer time when the days were hot I would have to build a fire in the morning to warm my feet before. I could put on my - clothes and shoes. I had a different pain in my shoulders and sometimes they wcr jui or ana men. sometimes I'd nave snarp pains in them. "I read -.-of Tanlac sometime before tjiklng it, for. I had no faith In medicines ana naa already tried so many of them wtmout getting any better. When started to take that - Tanlac It jtm-d to nourish my blood and build up my i iKsues ngm on ana oerore I had taken three bottles, most of the pains were already gone. , l, don t suffer - from that dead and cold - feeling , in' my legs as X did before ' I took Tan lac and ' ' the . pains have about i,-one out of my shoulders. Tm going to keep right on taking Tanlac. for I ira sure that.it is going to fix me up nenr, ana i era always . glad - to tell others how it has helped me." ' Tanlac Is sold in Fortand by The Owl Drug Co. Adv..'. STOMACH 0. K. Indigestion, Acidity, Sourness and Gases ended with "Pape's Diapepsin" Millions of people know that it is need less to be bothered with indigestion. dyspepsia or a disordered stomach. A few tablets of Pape's Diapepsin neutral ize acidity and- give relief at once. When your meals . don t fit end you feel Uncomfortable, . , when you belch gases, acids or raise sour, undigested food. When you feel lumps of indigestion pain, heartburn or headache, from acidl ty, just eat a tablet of Pape's Di a pepsin and the stomach distress -is gone. The cost is so little. The benefits so great. You. too, will be a Diapepsin enthusiast afterwards. Adv. ; CATARRHAL DEAFNESS MAY BE OVERCOME If vbu have Catarrhal Deafness or head and ear noises or are growing hard of hearing, go to your druggist and get l ounce of Parmint (double strength), and add to It pmt of hot water and a uttie granulated sugar. Take X tablespoonful four times a day. -? This will often bring quick relief from the distressing head noises. Clogged nos trils should open, breathing become easy and the mucus stop dropping into the throat. It is easy to prepare, costs little and is pleasant to take. Anyone who has Catarrhal Deafness or head noises should give this prescription a trial. Adv. $235,000 Bond Sale Ordered at Once by Baker Commission Baker, Oct 15. First steps toward floating the 1235,000 bond issues author ised by the taxpayers of Baker for the construction of a municipal natatorium, purchase of machinery for the street de partment, and the improvement of , inter sections were taken by the city com mission Monday when they passed an ordinance authorizing the sale of the bonds to . the highest bidder, as their proceeds are needed to finance the im provements. A. S. Shockley, George Foster and Mayor Gardner plan an auto mobile trip next week to Boise, where they will - investigate the natatorium, and will also seek Information for use of the city commission when they visit other Southwestern Idaho towns. COMB SAGE TEA IN HAIRTO DARKEN IT Grandma kept her locks dark, glossy, j .t. c T ana jvbib wun and Sulphur The old-time mixture of Sage Tea and Sulphur . for darkening gray, utreaked and faded hair, Is grandmother's recipe, and folks are again using it to keep their hair a good, even color, which is quite sensible, as we are ;Mvlrig in an age when a youthful appearance is of the greatest advantage. - Nowadays, though, we don't have the troublesome task of gathering the sage and the mussy mixing at home. All drug stores sell the ready-to-use product, Im proved by the addition of other ingredi ents, called "Wyeth's Sage and Sulphur Compound." It is very popular because nobody can discover it has been applied. Simply moisten your comb or a soft brush with it and draw this through your hair, taking one small strand at a time; by morning the gray hair disappears, but what delights the ladles with Wy eth's Sage and Sulphur Compound, is ft. at hoBidea beautifully darkening the hair after a few applications. it also produces that soft lustre and appear ance of abundance which is so attrac tive. Adv. Tobacco Hardensthe Arteries Overtaxes the Heart and Shortens Life Says Dr. Connor, Who Suggests a Simfle Test to Find li ft Is Hurting You. Can You Stand Itr New York-rDr. Connor, formerly of Johns Hopkins hospital, says: Hundreds of thousands ot men wno smose ana chew and who believe themselves healthy- are suffering from progressive organic ailments. They would never have been afflicted had it not been for the ubo of tobacco -and most of them would soon get well if .they -would only stop the use of tobacco.' The bent known habit forming prin ciple of tobacco is nicotine, but the most deadly : and--, demoralising is furfural. Both are deadly poison, which, when absorbed by the system slowly, but surely. 4 affect - the nerves, membranes, tissues, vital organs and vitality of the body. . The harmful effect ot tobacco varies and depends on circumstances and the Individual. In some It causes general debilityi others catarrh of the throat, in digestion, constipation, extreme-nervousness, sleeplessness, loss of memory, lack of wil power, cowardice and fear, men tal confusion, etc. ; in others it causes heart disease, bronchial troubles, hard ening of the arteries, palpitation of the heart, tuberculosis, bltadneiut. r ncor and 'the common affliction known as tobacco nearu . r- . .. , : If you 1 use tobacco in any form you easily detect 4t harmful effects by mak ing the following simple teats: Read aloud a full page from a book. If your voice becomes muff led,, hoani and Indistinct-and you must frequently clear your throat,1 the -chances are that your throat is affected by catarrh and - it may be the beginning of very serious catarrhal trouble. Next, tn tne morning. before taking your usual smoke, walk up three flights of stairs at a regular-pace, then stop.,.. If you find that, you are out of breath, if your heart beat is forced. trembling or irregular, you may be the victim of a functional or oreanio heart trouble. If you feel that you must smoke or chew to quiet your nerves, you are a slave to the tobacco habit and are slow ly poisoning yourself, with the insidious aeaaiy arugs, ntooune ana turrurai. ; in ei ther case, you have Just two alterna tiveskeep on with your self -poisoning process regardless of the dangers, and suffer the consequences, or rid yourself of the habit and escape the dangers. Tou can overcome the craving and stop the tobacco habit in a very short time by using the following inexpensive for mula: Go to any drug store and ask for Nlcotol. Take one tablet after each meal and in a comparatively short time you will have no - desire for tobacco. The craving will have seft you. With the .nicotine poisoning out of your sys tem your - general health will quickly improve. . . - Note Whca aaked about Nlcotol. an of ear leading 'draggm mM: Nwotol b truly s won derful remedy for the tobmeee habit It in bead of anythlna we have em teld betoie. We re antboriaed by the awnnlletureT to refund the money to eery disMtnf led customer and Would not permit the nee at oirr same nnlene the remedy poeaeawd annaaal -merit." NieotoJ 4 mM in thin city under an iron -e lad money-beck (Ttarantee by all np-to-dat drucglete. including irmmloB a uoeluer and The Owl Store. Adr, IHNANClAl, Secretary of the Treasury Glass pre dicts another- Liberty loan will be nec essary if congressmen carry their sde- mands that tremendous sums of money be appropriated for soldiers, or to ben efit particular parts of the country, Treasury deficit this fiscal year will ex ceed 11,000,000,000. Big Chicago Banb Forms Securities Branch Institution Chtffago, Oct. 15. Another large Chi cago bank, the National 'City Bank of Chicago, has announced the organisa tion of a securities corporation, as an auxiliary of the bank, j . The new' company will be named the City Securities company, and its charter will enable it to engage in financial operations of many . kinds which are more advantageously handled by such a corporation than by a bank. -' The officers and directors of the City Securities Company are H. E. v Otte, presMent ; R. U. laanslng. vice presi dent; W. G. McLaury, secretary and treasurer; David R. Forgan, Robert R. Forgan and F. A. CrandalL stock for account of farmers and thos affiliated with them and who are ac quainted with Studebaker ."wagons. trucks ana other products. New ' York News Southern Pacific and the motor stocks are regarded with favor and predictions made that former will go to a new high record. 'Advance to IS iwr cant fai rail ,mnnf was attributed to the credit of 96.000.- 009 by the Federal Reserve bank, and it was recalled that such crediu must be looked, for every Tuesday. Fifteen thousand longshoremen vote to return to work tn New York city and terry Doat strike ends. - - Senate interstate commerce commit tee votes to include in permanent rail road legislation Clause nemallstno- arrlVoa of railroad employes. . - . - Several labor delegates at industrial conference threaten to i withdraw if Gompera resolution proposing suspension of .... steel strike pending arbitration by conference is defeated. Hohenzollef ns ',4th ; Son to Visit Them Tho Hague. Oct, 15. (V!, P.) August Wllbelm, fourth son of the former ksi ser. will visit his parents at Ameron-" gen October 23, his mother's birthday. He will stay several days, iris reported. The ex-emperor will not move to his" new home at Doom until February. PACIFIC COAST BAJTK 8TATEME5T Pertland gank Clearins . Thi week. Tear ate. ' MonrUy , . , . Holtday- TiAmw S1A TAA 1X1 AK IT Bl ee Ma Wednesday . . 8'.58S'.802 43 6',44Si02010 Taoema anki (llearints Wednmday ....... I 1,323,2111. 17 BaUncee Wednesday I2s.4TS.03 . .w Seattle Bank CTearinca WedneMley $ t.T2,(l Ort Balanoee Wednewlay 1,8T. 128.00 San PraneUoo Bankt Ciearinn' Wednesday 188,778,881.00 Let Anoelae Bank Cleerinae Wednesday 13,S&S,S84.00 Spokane Banks Clearings, WedneMay . 5.(100,4 tS.OO Balanees. Wednenday (13,834.00 The stockholders of the Chandler Mo tor company at a specif 1 meeting held in Cleveland ratified the proposed plan to cancel the existing stock and issue in its place 21,000 shares of no par value. The company at present has 70,000 shares of 1100 par value each outstanding. The Spencer .Petroleum corporation has declared the regular monthly dividend of 2 per cent, payable .October 25. to hofd ers of record October 15. , . Goodyear Tire & Rubber company has called for redemption at 105 on November 1 its entire 8, per tent second preferred stock Issue, amounting to $14,233,000. Clark Kendall & Co. is of fering Wheel er county 6 per cent Voad bonds, ex empt from all federal -income tax. New York Financial f Bulletin The coppers and rails are relatively cheap and the time is not far away when a large public buying movement will carry them higher, says a private message from one of the leading western house in touch with sentiment throughput that section of the country, o The present outlook, according to high class chan nels, favors the elimination of three very Important ' stock market problem within the next few weeks. They are the steel strike, peace treaty and rail road plan. Confidence is expressed that Thanksgiving day will witness develop ments for which "much thanks" may be given. - Strength and activity in Studebaker Is declared In some quarters to be largely due to absorption of this LIBERTY BOND SALES Bond Buyers Making Exorbitant Prof its Milwaukee, Wis., Oct. IS. Charges have been made that offices opened for the purpase of selling Liberty bonds are profiteering in the buying of bonds. A discharged army officer called at one of these offices and was offered 34.52 less .for two 350 bonds than he later received at one of the. big banks. "According to the officer, bonds were quoted 'less exchange." N. Y. Bank President Began at the Bottom A. H. Wtggln chairman of the Chase National bank, who was recently elected president of the New York Clearing House association, was a bank clerk in Boston as late as 1891. Then, in turn, he became assistant national bank ex aminer, assistant cashier, vice presi dent, all in Boston. In 1899 he came to New York, as vice president of the Park National bank, as a "new business getter." - In 1904 he went over to the Chase National as vice president That is where he got his stride with, the First National-Morgan-Guaranty Trust crowd, which has resulted in making him one of the most active men in the financial district. Incidentally, he has accumu lated a very large personal fortune. MEN WHO ARE "BELOW PAR" SORE THROAT Colds, Coughs, Croup and Catarrh Often Relieved la Two Minutes Is your throat sore? Breathe Hyomet. Have you catarrh? Breathe Hyomei. Have you a cough? Breathe Hyomei. , Have you a cold? Breathe Hyomei. Hyomei is the one treatment for nose, throat and lung troubles. It does not contain cocaine, morphine or other dan gerous drug and does away with stom ach dosing. Just breathe it through the little pocket inhaler that comes with each outfit A complete outfit costs but little at Owl Drug Co. or any reliable druggist and Hyomei is guaranteed to banish catarrh, croup, coughs, colds, sore throat and bronchitis or money back. A Hyomei inhaler lasts a lifetime and extra bottles of Hyomei can be obtained from drug gists for a few cents. Adv. Keep In Mind Liberty bonds sold in the New Tort market at following prices: weunesaar open Hi 1 100.1 Vit.i 4s ...................... 05.:0 hecood is .................... 93.78 ltrt 44 ,,.,..,, ..... Hwond 4s 98.80 Third 4Ki M 93.8 Fourth. 4 Hs.... , , 98 00 victory 4 4f , 99.7a irlory 3 lis ....... .......... 08. SO Mich 1-ow Clme 00.4 K $10012 $100.40 93.80 93.10 93.S0 93.90 SS 64 0S.1O 98. JU 98.80 9.1.90 OS. SO 93.80 95.48 98.82 9S.34 93.92 93.70 - 98.76 90.80 99.74 10.7 99.84 99.7S 99.80 Cloea Tae-tlav. $100.10 95.20 93.80 98.90 U5.4X 98.96 99.79 99.80 the investment facilities we offdr When You Have Money that is not bringing in a satisfactory interest return. FREEMAN SMITH CAMP CO. . r ijiiu puoca - UAJMS4S New Perkins Hotel Fifth and Washington "In the Heart ot the Retail and Financial Dutricf Rooms with bath, $1.50 Rooms with detached bath, $1.00 Special Rates Seven days' accommodation for , x Six days' compensation. Monthly Rates Astonishingly Low . This condition may be caused by overwork, worry, too close confine ment to business or too little exer cise. Why not try a little more out of door exercise and take .advantage of. your druggist's guarantee that Vinol, the cod liver nd iron ' tonic without oil. will create strength, vim and vitality or return your money? Men everywhere declare Vinol is the greatest -strength-creator known. OWL DRUG CO. and Druggists every- where. Adv. Washing Won't Rid V Head Of Dandruff The only . way to get rid of dandruff is to dissolve it, then you destroy It en tirely. To do this, get about four ounces of ordinary liquid arvon ; apply it at night when retiring; use enough to moisten, the scalp and rub it in gently with the finger tips. Do this tonight and by morning most if not all of your dandruff will be gone, and three or four more applications will completely dissolve and entirely destroy every single ign ana trace or it, no matter how much dandruff you may have. i-- - e - Tou wilt find, too, that all itching and digging of the scalp will stop at once, and ' your hair will be fluffy, lustrous, glossy, silky and soft and look and feel a hundred times better. You can get liquid arvon at any drug store. It 4s ir.expensiv and never fails to do the work. Adv. Broadway Bank Opens TO DA Y and Extends a Cordial Welcome to Everybody The Open Doqr Bank" Paid Regslar Saviaga Aeeoants 3 Sarlaga Aeeoaatt Paid Special Sabjeet to Cheek To. Chronic i Dyspeptics: Tou can 'eat what you like if you take Bi.Btsla. Make this test: Sat a hearty meat of the good things that usually dis agree with you, then take two. or three Bl'Setia tablets. If you aren't astonished and delighted you can have your money back for the asking. Get a 50c bottle today from the Owl ; Drug Co., or any other good druggist; use. as directed, and you will soon be telling your friends how you got rid of indigestion. Remember the name Bi-ela the Indigestion rem edy that costa nothing if it fails. A(Jv. Joyner Kemedles' are now on sale by leading drusrgists In Portland. Try JoynerV INFLUENZA CAPSULES to cure Golds. Grip or influenza quickly, and prevent, bad after effects. ' They contain no quinine, opiates or injurious drugs. To cure coughs, - try GlYCEROLE LOBELIA. It contains no injurious drugs and is the best cough medicine tor infants, children or adults. -Adv. ;' 7.18 Is the Yield of Paige-Detroit Motor Car Company 7 Cumulative Preferred Stock when purchased - from us at $97.50 and accrued dividends. Par value ol shares $100 Dividends payable quarterly. Redeemable on 30 days' notice, at J 05, up to October 1, . 1939, when issue to be redeemed at par, ., according to Michigan law. ' - Total Net Assets 6,016,257 equal. 200 per share Net Current Assets.. ;..'. ...5,011,003 equal 167 per share Net earnings last year 4$ times dividend requirements; first six months this year thirteen times. Preferred stock followed hy common stock having $5,700,000 V ' current market value. Lumbermens Co. Bonds ' Trusts Acceptances Lumbermens Building Fifth and Stark Six Hundred Thousand Dollars in Capital and Surplus The Appeal of Good Bonds Is Universal They appeal not alone to indi viduals, but to trust companies, estates, business houses, and colleges. .Why? Because they carry a good rate of interest, are readily salable, and a bondholder often .obtains a loan with his bonds as 4 security when credit otherwise would be refused. The Bond Department of Ladd & Tilton Bank will gladly co operate with you in the purchase of 'securities of proved worth" securities that will mean an, additional outside income for . you. Call at or write to the Bond Department. Ladd & Tilton Bank ; " 4 - Oldest in the Northwest ; Washington and Third HALL & COMPANY Buf and Sell U. S. Covsramsnt, Fersifn Gevcrnrasat, RailroseJ, PubBe Utility. Industrial, MuaicipsJ BONDS Quotations Upea Roquost Lwis BMf Portlsnd. Or. Tslsphons Marshall 685 Anglo-French Bonds To Net 7.65 Government and Municipal Bonds Bought and Sold glffievepeaux ftfimpany 87 Sixth Street ' . ' Broadway 1042 - Ground Floor Wells-Fargo Building- ROBERTSON & EWING LIBERTY BONDS Saw Tork Qsotatloaa, later! laelsdad. First 4s.... omi. 4s..,. 1-lrst iYtt.... Mesoad 4V4 asWI. : J1 m, 'osrta 4V Victory ,.... ... . I1I1JS MM tS.44 te.7t tt.M Itl.Jl VTt Bar aa Sell Aay I' lasoaat. FEDERAL TAX EXEMPT 6 BONDS Local Securities ; 20 7'S Northwestern Bin k Buildlnc . PORTLAND. OR. Wilson-Heilbroiiner Co. Announe thslr acquisition of tha E. F HCTTOJf CO. WIBE8 ASP SERVICE and tha offlesa at Ut-tn-tn aaflway Exckaara Balldlsf Tsey ftava Slrset wlra eaaaaettaas wltk aary axsksar la tb eoaairy, sisa will' aay or sail aay BaJlroavel. lad asttial. Steal, Cosaar, Orais w .GetMi Stacks ar Uoad tradaS la. , TOUa BUSISZSS IS COVXTIOVSLT SOLICITED. ' : - ; W GOa THE HEILSaOTfirea CO.. 4 - , . PORTLAND. ORKOOH , Batta, MaaU - - , Phoacsi Mala lss-t4 ComiyaadsaUt E. F. HTJTTOIf a CO. New lork " , . . r ' CLEMENT. CPKTIs) A COh Caleaga -, ' , HAY DEBT. STONE A COn BHlo ' - ' - -