f HE OREGON DAILY i JOURNAL, PORTLAND, MONDAY. OCTOBER 2?, 1313,
T3
STATE IN NEED OF ij
MILLION MORE FOR I
SOLDIERS' SCHOOL
:
$200,000 Per Annum Appro
,'propriated U n d e r Soldiers'
.Educational Bill Insufficient.
many Applications filed
1820 Applications, Filed by Ex
i Service Men; Veterans Ask
s Relief from Emergency Board.
' Salem, Oct. 20. With a total of
1820 ex-service rtien applying for
the privilege of receiving the bene
fit provided by the state under the
recently enacted soldiers' educa
tional aid bill, and new applications
rerichins the office of secretary of
tote every day, the problem, that
naw confronts state officials is that
of defraying the costs in volved in
the education or tne.se applicants, j
The legislators in passing the act pro-,
' viueuor a in w ...v-
'it ...i.u ..i..i. in mf th roHt
u in it lew . oi i wo tenuis ui :
out? iiiui w hii wins... i v ...
' .f etliioatiiig Oresoii men and women
' t he t had served In the army or navy
rturiftsr tne worm
war. Bas?fl on a
. iV ..t ii non mm 0(mi this l
'lmv will provide a total of only $200,000 '
-IV'""' -!--rT1Cf.,L
Um"kw.W to meet the needs during j
v present yetir if no f-irtlicr applica- i
"t tTWhlioukl be received. i
.Kl IIKV NOT APPAP.KNT
' . '.-A tn A. Knzer. dnnuly sccrelary
"t :
Vii'lr, tijon" hoo hliouders hai been
ptjiced tli; ciitirt; responsibility for the
irtn.lnlslrallon of the act. Is unable to
- - f er any solution to the financial prob
. Inn except that it ajiparcntly presents
a matter for the lonsideratiou of the
tlnLu rnicrgeiK.-y board. However, as
tl fund-provided for wHI tJirry the
- aludunts aloiiE well into 1920 no immedi
ate uctlon on a solulioii to this problem;
if regarded as liclhg necessary.
B fsr the greater number "f appli-j
calls for educaliohal aid are attending:
suite institution, a summary compiled j
".by Deputy Kccretsry of Statu Kowr ;
Miows that of the total of 1820 applica
f 1820 applica-,w
tN-ns 107ft have come through slate j
schools. Of these the Oregon Agncui-
toral college heads the list with (13
applications. Professional, trade and vo
cational schiKils are preferred by 211
of the Hpplieants. while the, others arc
distributed ' as follows: Private educa
tional institutions, 178: high schools,
Kf ! business illeifen. I.12 ; law schools,
46' Salem Indian noioo1, 2.
3IASV St,HOOI.H lf:PltKSfeTKU
'Seventy-f Ive schools are represented
in the summary of prefercn :3s- which
fv.llWS'.
The Adcox Auto & Clas Knglne School.
lYtlland. 18: Albany cgllege, 6: Astoria
. Business college, 45; Astoria high school,
A' ItKanu lilK ...llrl . Atntlv Vilfrti
..l.n. I l,llnirt.,n hlirh ulm,.I I
i.r hlirh school 8: Behnkp-Wnlker !
T-.,it, Tt.
t. Aiuntiivno vuuitv, v iiiviim, t k'vu
h.'gh school, 2 ; Capital Business college
vk"' u'"1" vv.ivftu.
Kklem. IS: Central Point hieh school. '
Pnllmr llrnve hlirh whnnl 1 I'nr. -
vlll- hlo-h sehonl. 4: niatskanie hirh '
-rchqul'. 1; Canby high school. 1; Can-
5en Citr-hlgh school; 2 : De Keyset I-4 '
slit tit of Optometry. Portland. 21; i:gln
hlirh school. 1 Klkton Union hiirh school. :
l: Mmlra Union hih school. 1 : Enter- !
piis high school. 1 ; Eugene Bible unl- '
ciMLy,.; ciUK'ne ousiness ooukkc, ii; i
j'.tgene nign scnoei. t ; v. o. uaruner ;
School of Shorthand. Portland. 2; Gas-!
.... uik -i i k.-i.
to i high school, 1 ; Grants Pass high
school. 3 ; Gresham Union high school.
2: High school district No. 36. Coos
county, "1; Hillsboro high school, 3 ; !
. I-iubbard high school, 3; John Day high
school, 1 ; Klamath county high school,
vl . Lakevlew high school, 4; La Grande
high school, 7: La Pine high school, 1 :
-loiurelwood academy.' Gaston, . S ; Link's
, Ucatness college, Portland. 5W, MTarsh
' fitlJ highschooiri ;"Medford high school,
, 9 . McMinnvilb college, 10; Mc.Mlnnvilie
high, school. 1; Milwaukie high school,
J . Monmouth high school, 1; Mount
Angel college, 3 ; the Miller school, Port
land, 1; Newill Tutorial school, Port
land. 1 ; North Bend high school, 1 ;
North Pacific college, Portland, 58 ;
Northwestern College of Law, Portland,
31. Newberg high schoqj, 2; Oregon,
Agricultural college. 713; Oregon Law
school,- Portland. 12 ; Oregon Normal
achool, 3; Oregon City school, 3i Pacific
University. Forest Grove, 27 Pendle
- ton high school, 1; Philomath college, 3;
Portland high schools and Benson Poly
technic school. 73 ; Prairie City high,
i school, 3 ; Rainier high school, 2 ; Reed
i college, Portland, 42 ; Roseburg high
fcdiool, . 3 ; Silverton high school, 4 ;
... -Suthertin academy, 2 ; Salem Indian
bvihool. 2; Tillamook high school, I ;
DIjv Dalles high school. 10 ; University
' ; o i Oregon, 355 ; Wasco high school, 1;
Willamette university. 68 : Y. M. C. A.,
department ; of education, Portland, 71.
Pive Homes Visited
By Robbers During
Sunday .Afternoon
rter breaking 'open either a roar V In -i
w or a back door, robbers invaded
fv ctty homes Sunday afternoon and
evening.: J. W. D Young. 1401 Alameda
drive, reported several pieces of Jewelry
r ud a kodak stolen from his home.
George M, Plover. 652 East Sixty-first
ctreet north, said one tavflllere was
stolen - from his - house. The: family re-
turned home while the burglar was in
the house, scaring him away. No one
saw htm, however. '' )
Pat IBacon. 488 East Seventh street
frth, j was also" visited by the litrht
" f 'gerod men. who took considerable
j,elrf from his home.'
"I, Sadler, .984 Garfield avenue, re
i I vted a watch stolen from his house.
rh fifth report was turned In by
t" -orgs P. Moore, proprietor of the
' t -olden 1 West hotel, whose , house was
" e'tered and robbed of Jewelry Valued
1 at $200.
Veteran Finds Stolen Auto
Sergeant Fred West, overseas veteran,
v ho has returned to his position on the
Uny relief at police headquarters, found
a stolen automobile belonging to the
city street cleaning department at East
TTClity-slxth and IIolcat streets this
rrnlng.'The license plates on. the ma
ch!n' belorgedt tlie Portland Sutvige
company. , , ; .;
' V ' . . "'''' -'.
." 'I Accused of Larceny V"
Upoii -the strength of a -J complaint
t tgned by Winifred Boydstrom of 152$
Lancaster street, Fred Bosell, 29, was
arrested this morning by Captain of In
meciors Circle. He Is charged with lar
'- Nv tf a- $50 Liberty-bond.
"LIFE SCOUT51 HONOR IS
"AWARDED SALEM .YOUTH
wmm
:.."' ' " " Jay Morris ' f
Kalem. Oct. 0. Jay Morria of Salem
Is Oregon's fiiist and as yot only "Ufe
scout." '
Jay jolitod Salem Heights troop No. 1
Myw e)irs affo and nas by nt
much hard work, earned for himself this
oibi.iiici.iuii. w 1114:11 w which .r .
....
week.
He I the only ."veteran scout
In the Halcm district and Is assistant
scoutmaster of his troop.
Designation as a "life acout" requires
that the boy must
have Hdvauced
throush the stages of fecund and flrnt
eran ncout. which miulics five years of .
service as a boy scout. 1
-Salem Hslghts troop was the first Boy -
; nt-gut nnii in nainxeu in uirgon, aiiuru-
Hit; io i rriclal records'
POLICE SEIZE
N LARGE QUANTITY
E
Are4J !n DU lo
" union nucoicu in naiu io nv-
BJ nf VmUl'.n Pr.
iiuocu oi iiviai.'ifg me i nr
hibition Law.
Kiglit hundred gallons of vine were
seized as evidence Sunday by Officers
McOtillocb. Schuliius. Corder and Well
brook at the home of Mrs. Sabina Uidl
vich. 32'JL.Kast Kielitl. street. Mrs. l,udi
vk:h was arresicd on a charge of violat
ing the prohibition law and Frank
Hooker.- a mechanic, and P.ay Koontz.
a carpenter, were held as witnesses.
Karly Sunday morning W. B. C'c.am-
OCrS W H
nested by Officers J. i
!,mun ano
C, nipley. on the Foster j
road near
Sighty-sisth .street, and i
charged with Jhavlng liquor in his pos-
, A ... . . ....
eM,m-. oimiu. a me
same l
was charged with being i
uruiiK anu uisoraeriy. '
-, i - . i . . :
Reckless driving was the charge
wbxoed against G, K. Italhe. arrested
Fourth and Davis. Sunday morning by ,
in their
tibia wu
lamo was
urncers lveean ana wues.
report the officers allege that Italn
mioxicatea at tne time or nis arrest. .
.i.-y-i . .v
common ai aui anu
G.ar.t for alleged violation of the pro- !
kiMiu. i. .n,t.a -n Hn-i r.,- oii,i !
umer anu oino jouuson at. oum ana
hibition law and R. C. Hoyt for alleged
reckless driving. W. L. ' Hoffman was
arrested by Officers Hawkins and Trav-
ers at the Oak hotel for alleged violation
of the prohibition law-
After he had collided with an automo
bile belonging to John Extler, Officer
J. M, Greene arrested Fred Shtndler. a
farmer, and charped hhnswlrh driving
an automobile while intoxicated. ' G. O.
Shindler, riding in the machine, was
charged wth being drunk. A quart bottle
of cider found in the machine is held by
the police as evidence.
Build Bungalows to
Ease Serious House
Shortage at Salem
Salem, Oct. 20. The Immediate con
struction of a number of modern bun
galows to be sold at from $2500 to $3000
each, including the lot, was announced
Saturday by Colonel E. Hofer of the
firm of Hofer & Son of Salem. This Is
the first step to be taken toward re
lieving a serious housing shortage that
has existed In Salem for some time. Just
how many houses will be built by the
Hofers at this time has not been defi
nitely determined, this being regulated
largely by the demand. Plans, however,
are said to be- under way for the con
struction of 1G houses as a starter. The
houses will e located on Center street,
between Fifteenth and Seventeenth
streets. Decorative parking features
figur in the plan for the new! plot.
Salvation Army Buys Quarters "
Salem. Oct 20. The purchase : of its
present .quarters was announced Satur
day by local officials of the Salvation
army. The consideration wa $4500: The
Army plans the erection of a new home
on the site as soon ae plans for a finan
cial drive can be carried out.
Bulky Bunch of Hops Stolen
Salem. Oct. 20. The theft of three
bales of hops, valued at 81 cents a pound
or approximately $160 a bale, was re
ported to Salem police headquarters
Saturday by T. B. Jones of Mission Bot
tom. Just how: the thieves made a-ay
with the bulky loot js not known. The
hops had already been sold at 81, cents.'
Moonshiners Are v
Believed to Have '
Held Up Officers
Fellow moonshiners and not burglars
held up Moral Squad Officers Spaufrh
ana ecnnra saxuraay niKht at laZ Mont
gomery drive., believe revenue officers.
aiKiug'.i and S-hum had raided the house
and arrested pretty Mrs. K. B. Stevens,
a ..34-year-old- divorcee, on a charge, of
conducting aJ still. While , waiting for
the police patrol, the officers were held
up . at the point, of a gun. three men
breaking for the brush and running
when the officers in turn flashed re
volvers. , - ; u .
k She Insists she cannot tell to whom
Jia still found in' hfcr li'me b .longs. ,
r
X
Ml. ...nn.lmmM--l i iii. ,
((MHiMaBMMna
WN
AT DWELLING HOUS
CAPTAIN GEER, OF
PIONEER RIVER
FAME, IS DEAD
y i
Well Known Steamboat Man Had
Commanded Boats on Willam
ette and Columbia, and Yukon.
EARLY HISTORY RECALLED
Navigator Negotiated the Cas
cades Rapids in 1917, With
125 Passengers, Record List.
Following an Illness of more than
nine months, Captain A. J. Geer,
veteran river navigator of Portland,
died Sunday at the family home, 3
East Sixteenth street..
Captain Geer was a native of Ore
gon and a member of the piomjer
family of his name. For nearly 50
years he was a master'of river boats.
including the Bailey Catzert and the j
J. N. Teal. During the Alaskan gold I
rush he operated on the Yukon, j
making record-breaking steamboat
passages in that stream
Funeral arrangements have not been
completed, but the services will probably
take place Wednesday, with interment
Mouut Scott eelllftiry
captain Oecr waa-bom at BuUevU.e.
on the Upper Willamette,
18."9. Hiss father was
.Oregon pioneer of 1817.
BKUAX AT AX KABI.Y
A g i:
lie begs n' his river career at the age of
19. when he was employed as a -deckhand
on the steamer City of Satom. ply
ing between Oreeron City ttnd Corvallis.
and w hit-h was lost on ftock island near
ly 40 years ago.
In 1S98 ho left Vancouver. I!. C, In
j charge of the .steamer Constautine for ! concrete basement, and the Van Schuy
. Alaska. In tow of the tuc South Port- i ver building covers CO by 100 feet of
land. The Conslantlne was lost July 4. !
'1S9S. off the Alaskan coast near St.
aucnaei. nun his crew captain t.eer ,
i made St. Michael and there he pui-chascd !
the steamer J. 1'. l-ight.
i j nc trip irom ni. micnaei to uawson
t ne trip from ut. siicnaei to uawson
was made in 20 days, and in 1S99 Captain ;
Ae-;ecr. navigating the steamer Mary P.,
uraff, made the rouml trip. St. Michael I
to Dawson and return, in 21 days, a roc- j
oro. i ne same season nc tnaue a return
trip to Dawson and back, the first man
to complete this passage twice in one
season.
RUNS CASCAUK RAP1PS
Captain !cer piloted the Bailey Gat
crt over the rapids at Cascade Locks
on June 19. 1917. with 123 jiHissengers.
This was the first .time the rapids were , in the s J)t.r cellt dividend rale on the
ever run w ith so large a number of pas- I Hmmon stock at the next meeting sched
sengers. The locks were closed by high J b!ed to be 1;eld on October 22. tlie
water ana mis was tne oiuy way tor tne ;
boat to make Portland.
upia.n ur ai.-so snoi uie e.uo rap- ;
ids on several occas.ons. Tn taking two ;
uura mc rapius several .
'ea,"s ago one member. of the crew was :
wasnea ovc Doaru ai.uig. Wtly I
..captain ueer was a cousin or T. T.
(Jeer, ex-e-overnnr nf llmirnn M a mlHnui
; j ;,;v , " i
f" U"'""1"'' Mcc.r ' t orlZ
nil rvi rm rtprrnn n rt ' woo rrin rr-t )
v.. " . 7 X . v. w.
" anu. eurviye. A..
L. JS-0' "J'Zf
I'XnH IlTu i v!r-ii"
of Portland and Mrs. A. McCully of!
Butteville. al.o survives. .
i
ni,.hnl i'n,m.Knil
Richard Emmerson. aged 41. a native i
, , """"
of Ireland died at the home of his sis- '
ter. 1361 East Ninth street north St.!
ter, 1361 East Ninth street north, Sat
urday. Emmerson was bom in Ireland
and had resided In Oregon since boy
hood. Surviving relatives are three sis
ters, Mrs. George Moffette of Gresham,
Mrs. W. K. Hamilton and Mrs. J. H.
Egan of Portland, and a brother. Wil-
iiam J. Emmerson of Pennsylvania. Fu
neral serv ices will be private at the J.
P. Finley & Son chapel. Fifth and Mont-
.-, -v - R. ..... .v.
A. C. Brackenberry ofnciating. Em-
merson was a member of ML Tabor lodge!
No. 42, A. F. and A "M.
Sirs. E. II. Kelsey
Mrs. Bernice E. Buck Kelsey. wife of
E. B. Kelsey, died Saturday at her home.
208 East Thirty-third street, at the age
of 25. She was a native of Kansas and
had resided in Oregon since 1912, first
at Forest Grove, where the family has
many friends. Surviving relatives are
her husband; her mother. Mrs. J. B.
Berry ; two brothers. Clarence Buck of
Seattle and William B. Buck of this city.
Funeral services will be held Wednesday
at 2 p. m. at the Breeze & Snook parlors.
East Thirty-fifth and Belmont streets.
Final services will be in Mount Scott
Park cemetery- '
John M. Terrlll
John M. Terrlll died Sunday at the
age of 65. He was a native of Indiana
and had resided In Portland for the last
seven years. He Is survived by his j
wife and five children. Funeral services '
will be held at the chapel of Miller &
Tracey, Ella near Washington street,
Tuesday at 3 p. m.. and final services
will be in Rose City cemetery. Terriir
v.Vs a harness maker and dealer, but
I for several years had been unable to
engage In active business. . . -
Gladys Lticile Avery
Gladys Lucile Aiery, dauglvter of Mr.
and Mrs, Ralph Avery, died Sunday at
the age of 12. She was born in Van
couver, Wash., and was the grandchild
of Mrs. Abbie Munger of Vancouver. Fu
neral services will be beld Tuesday at 2
p. m., at the chapel of Miller & Tracey,
Ella and Washington streets. - Final
services will be at Lone Fir cemetery.
Mrs. Susana Ilarjar
Mrs. Susan Hagar, aged 83, a native of
Switzerland.- died in Mtlwankl Thnn.
day. Funeral Bet-vices were held to-
day. at 3 d. m.. In tlie First German m.
E. church, Fifteenth and Hoyt - streets,
and final services were held at Lone
Fir cemetery. Miller &. Tracey have
charge of funeral arrangements. Mrs.
Hagar had resided ' In Milwaukie nine
years, and leaves no immediate rela
tives. '. - . i .
A, C Walker - . ;;i
The funeral of A, E. Walker, who was
killed In an automobile' accident Satur
day in BtocKton, cat. wlir --.be in charge
of Milter A Tracey at a date to be an
nounced later. .Walker recently- resided
ai 814 Corbett street. was t5 years . of
age and is survived by h'.s w:fe and four
children.- - .. "'
," i . ' .. ' ' ." " . i j. '-
Sentenced for Theft : , ;
After pleading guilty -to a charge of
stealing 11 sacks of oats Saturday night
from G. W. Simpson. 341 East Washingt
on street, Ralph C Phelps. 20, was fined
$25 and sentenced to 60 days in jail 4hls
morning by Municipal Jude XUisaiuan.
Delinquency Among
Children Caused by.
.! Divorce, Says Judge
1 Divorce is the chief cause of juvenile
delinquency. Judge Jacob Kcnsler told
the Unitarian pen forum, in the Church
of Oar Father. Broadway and Yamhill
streets, Sunday night.- . '
tludge tiansler described the work of
he-court' f domestic relations. . It Is
doing great social good, he said, with its
informal session and H.I policy of pro
viding rn Incentive to offenders to make
good. He made an - appeal for popular
support at the polls of all child welfare
measures. . ..
JO'
BUILDING II LEASED
- . ' '-
To Occupy Structure at Flanders
i and Broadway When Alter
j ations Are Complete. "
The United
States Rubber company !
c"cVasT BisVuit company
0. year lease on trie ca- 1
cuit comnanv's bulldinir I
at the southwest corner of Flanders !
street and Broadway, and the adjoin- i
?? .ftp!"',y cccupled. bythe.
. via ocnuyver Ltiquor comvany, now i
owned by the If. K. MacPherson conj-
pany. The two buildings will be con
nected and $50,000 apenl in alterationa I
n:iu repairs, u la saiu.
As soon as the build Ing-i are ready for
occupancy, they Will house headquarters
lor the I'ortliirid branch tit the i-nller
RUBBER
GOMPANY
SPEND THOUSANDS OH
eytcnitt-r. o. ( COi,i)aiiy, uner the management of W.
'. W. tJcer, ' J, Roo)f. The ground fluor of the bls
; cuit company's building will be fitted
up as a saUroim fur auti. tiros, belting
and other rubber good a. Other . portions
of the buildiiiKs will be uixl for' storage
l-urposes, and employment will be given
tt approximately 100 men. ,
The Pacific i.'oast Biscuit company's
ouiKiing is a tour story nricK structure,
100 by 100 feet in dimensions, with a full
ground space, is six stories in height and
also has a full basement. Negotiations
tor tne lease oi me proiierty w ere ciosea
Siiturday by the Melzger-Parker-Fergu-
sun company. Iresen't quarters of the;
unnea stales jaioner company are ai
unnea aiaies j;uooer
21 North Fifth streeti
i t j rix. i rt
XTeSSctl O LCGl LrUi
Company Looks for
Tn r rPPI J Prl "Rll Jin PqCJ
'
Krom tlie Wall Street Journal
Anidr Crrtni the outlook for an increase
wrenclh iu Pressed Steel Car is predl-
ttated on the belief that President Hoff-
rtoti who ls r.3W on a trip around the
,,.m ni ,i:Qt i.i h,,v-.oU
nis Comnanv. Tlie whole world needs
,.0uini; stock. The eciuipment makers of
Great Britain. France and Belgium are
j io. ,n ., ,sitio.3 to meet the demand.
: Z. . T . .
Furthermore. American manufacturers
i can lay rolling stock down in Kurooe or
Asia cheaper than foreign makers. That
; e wj,y equipment authorities look for-
I rt to being placed shortly
! foreign roads with American Car &
H.y T1" kJ , """K?"
ounry. American Locomotive. Bald-
win Locomotive and Haskell & Barker
comranies.
mi t t ii i
V hrOO N ft W rflrt.lflTm
AlilUU J.1 J VV 1 Ul blUUU
Concerns Apply for
Charters at Salem
, , ..... rL.-.y i i, ,
j ,li r,)0se of promoting "and managing
, d..8nialjc operatic and lecture tours.
: n: ,,nw r,r i,np,ra.iinn r. hi, r-
, ration Commissioner Schuiderman.
Saturday. The corporation is capital-izt-d
at $20,000 with the following in-
; corporators : Charles E. McCulloCh, Fred-
! erlck Hellig and Laurence Lambert.
: Other corporations filing articles Fri
day were as follows:
Pacific Periodical ' Sales company,
Porf-land, $10,000 : Frederick Parks, Mad
ai'ne Parks and John Sedgwick.
Deschutes Lumber company, Portland.
$SC00 ; Howard Teel, Peter Nielsen and
K M. Will.
Beck Is Invited to
Make Address Here
i James M. Beck, formerly United States'
attorney general for Eastern Pennsylva
nia and first assistant attorney general
of the United States under Roosevelt,
has been Invited to speak In Portland
Friday night. Members .of the Multno
mah Bar association, learning that Beck
was touring the Pacific coast, Issued the
invitation.
Furnished by Overbeck & Cooka Co. .
New Tork, Oct 20. The motor stocks
are expected to j lead in; activity ; again
today and it is possible that new rubber
and tire stocks will be: added to this
group. Oil shares also are expected to
maintain, activity during the coming
week and special, interest is attached to
transcontinental oiW in which it Is said
Important developments; are close
ie at
hand. . 1 , I
! -i American Scgar has many friends and
! extravagant levels are mentioj ed for
i the stocks. 42ontlnued accumulation of
Southern Pacific causes bullish feeling
on rails,' Money expected to work easier
during the coming week, easing of call
rate due to return of government inter
est checks. Quick advance ln United
States Steel common in final dealings
construed .as evidence of strong accumu
lation. Foreign exchange is easier.
Francs show a slight improvement.
' Gross earnings Canadian Pacific sec
ond week October $4,023,000, an increase
of $303,000. . i ! .
; ITclied States Rubber and Kiibidiurina
Six montlis ended Jane SO., shows $23.01 1
a share on common stock after charges
and federal taxes are paid, against
$21.84 for same period in 1918. -
i VlnJoek to Get Fartory
t Centralla, Wash,, Oct. 20. Arrange
ments are being made Ty Thomas Zhiffv
1 for the establishment of a match factory
1 ia Wlulock. - - .
,
IbPicgjgjpg''-1
Finance,, Industry and
- vj : Edited fcr Will F. Hesilaa '
RE
TO STOCK MARTS
Public's Mind Easier as Outlook
Grows Brighter for Satisfac
tory Solution of Problems.
GREAT PROSPERITY SIGHTED
Banks Plan to Sell Stocks Over
Their Counters Will Save Hun
dreds of Millions Every Year.
By Broadun Wall
New Tork. Oct. 20. Conditions
i at the beginning of the new week I
" .
.
stock market. president v nson s
condition .has ceased to be a factors'
The American public has apparently
made up its mind in regard to the
.
jueague ot iaiions. xne iiuui iunu
of the treaty wlll agree, with public
opinion, regardless of personal ambi-
tion. The labor problem is being!
i settled along the lines of real Anier-
icanism. The movement to bar for -
'eigners from trade unions is spread-
; , ,
, iayiui.
Conservative labor loaders i-rc nctu-
ally 'Fhowlng signs tha they revoKiiic
! the risiits of employers.
indeed, there has actually been ijmc
! evidence in the last week that the pub-
pie has some rights. The Sherman anti-
, , i
;tnt.law. the labor unions and the courts
nave always ignoren ine-pnDiic. n nas
always been taken for granted that
every member of the public was in-
j volved in one or another of the parties
to the disputes over wages, prices and
rates of transportation. The public has
had no voice because "the newspapers as
. class allied themselves with one or
auothc of ths parties. Now the gen
eral pi:hlic- is making Its influence felt
by unanimouf! condemnation of all the
narties to the scandalous fight against
American prosperity.
PROKPKRITV LOOMS
With the growth of the
,.,Kii -
i industry'tne petroleum industry must
-m ,j , .
; v 1 1 v ' 1 i... v. . . i vj , ' vi iu ut ircinj
uixin oil to drive the automobiles, but ;
ine nauonm lire ress upon on as a n ei
for commercial and naval vessels. The
imuon that controls petroleum will rule
2n.W?ri i
That Is why Great Britain is reaching
out to eontrol every oil field through Its
local caBltallst. The Lnited States gov-
trnment has driven American capital to
Kngland In defense of Its Mexican in-
vestments. ,
But renardless of the nationality of
tho companies, their stocks are sure to
be valuable for In these modern times
CONSTRUCTION
PROGRAM I
BON
or tne on Durr.ing snip, tne rami tractor, j tne 8ale of raw materials for ajl tndus
tte truck, passenger car submarine and tries, paints, turpentine, kerosene, etc,
airplaue and the oil driven machinery drugs, chemicals, enamels, varnishes,
af a hundred descriptions there can be cotton for hospitals, tows (oakum) of
no business of any importance without iemo. manila. sisnl. cords of hemn and
the consumption of petroleum and Its
products. J foodstuffs, papers, , and all goods ror
OIL TO REPLACE CO L ' tanneries, ' saddleries, etc References.
Incidentally, if the soft coal miners ' Refer to No' 3083
strike as they threaten to do. that will A mercnant ln Algerla desires to
he p the oil companies immensely Oil I ciiase safe8i large and small, office fu r-
...
tor es and where it once enters It In never.
put out This will be a good thing by
elin. natinr: the great waste of labor now
i cniiJiuyvu tn iinnaiMiuiift wai 1.10111 mc
mines io ine Krcai cuies.
savings Danns are tinaiiy ooing some-
ning sensiDie ana unsemsn ior ineir
i customers. They are going to sell high
" , , W J ' .
i By setling stocks and bonds over, the
I counters of the savings-banks con-
structive work will be helped. Stocks and
bonds are nothing on tarth but partner
ships in the great railroads, mines and
factories and farms of America.
The new denartaro will save millions
to the American investors by"Xreelng
them from the touches of the swindlers
who are taking advantage of this air of
mystery to pick the pockets of the peo
ple to the tune of hundreds of millions
every year.
Slump in Prices of
Crude Oil Indicated
By Company Data
Stocks of crude petrojeum held by the
pipe line-companies on the first of Aug
ust totaled 64.000.OOo barrels compared
with 67.000.000 barrels a month before
and 88.000,000 barrels a year ago. July
Advanc
i
$100,000
Short Term 6 Municipal Gold Bonds
. Mnetpal ene Bami-annual Intaraat coupon aayabia in tots In Naw Tork Ottf
Price to
Asa fae daUHi
FreemaN
raanaas -- nunet
ROBERTSON . & EWING
LIBERTY BONDS
3tew York Qsotatiosft,
Isterest Iselseed. .
SHs....
First 4s....
.81SI.6S
. Keoa4 p 4a........
First - V
, Keeai 4Vi..,
fc.44
64
TBird 4Vt.
tiJil
Fosrtk 4VaS ..j 88.68"
Victory 4... i.,-. UVtt
We Bay aad Sell Aiy' .-.
- -. ."; Asiosat - .. 4. s' j
production of crude oil waa 34.000.00ft I
barrels compared with,31.000,004 in June
and 30.000,000 barrels In July of last
ear. Consumption of crude oil In July
was 57.000.000 barrels compared with
2S.OO0.O00 barrels in June and 33,OOl.lK0
barrels In July cf last year. Total stocks
of oil were 1 42 otio.tHift barrels compared
with 436.000.000 barrels a mnth rku and
i4V.eo0.0oo. a year aao. Production -pr
crude oil has apparently reached and
passed consumption and with demand
decreasing and supply Increasing a
downward -movement in prices of crude
oil and its products -may naturally be
expected, is the prediction of the Cen
tral Trust compjirry of Illinois.
Calgary Bonds Will
Yield 6.25 Per Cent
Free From Taxation
Freeman Smith & Camp company have
just distributed a fine issue of short term
6 per cent school bonds of Calgary. Al
berta, school district at prices to yield
the investor 4.25 per cent free of any
taxation in Canada.'
They have just purchased the remain
der of the same issue of Calgary school
i district 6 per, cent bonds, which mature
I ....!
I frorn sl5i to 10 yc.ars aB? De,ll.V
"vi i' t" -- j
o.2i per cent.
An interesting feature of Canadian
hcJiooI district bonds is that in addition
I VV "f 7 wUhTn
....,
the district, supported by general taxa
tion, the. dominion government con
tributes annually a large portion of the
Tlll r.n1,..., Cl.mni .ii.trin nan.
j u;atlon of 65,tO0 and Includes the city
; of Calgary --and a large adjacent area.
! " t""1' a.rea "ir.eS-1 i i
These bonds are payable in gold coin
in New York ciij
If
JO- j
Mnnf;Hur6m nl jobbem intereMdl in tar
of tlie fo'lowina trade ommrtunilin, nij secure
tne -hj- klnc tor file number t office nf tlie
bureau of toreim DI domestic commerce oi me
I chamber.
j A t.oniuany in Cuba- desires to be
,a..-j i t,.i, iih oM..-trs or the
I purchase of canned poods, smoked ani
j dried fish, flour, cheap furniture, ad-
id
; vortlKimr lenr1a r- brushes, awnlnirs.
and awning cloth,
lu No. 30814.
Reference. Refer
A firm in Cuba desires to represent
American firms which are hot already
represented in that field for the sale
! of lubricating oils and greases, acids.
vh? ...S1"
j Inar paper, and canvas goods. I.eter-
encea Refer to No. 30872.
, Th director of an importing firm in
, wlUcrand ls , tUe United States and
j de8irea ,Q recelv quotation8 for tlle
i purchase o." preser-cd meats, lard, veg-
etable8, corni vegetable oils, oilseeds,
j druga malt alld barleyf tobacco, leather.
I akins fur8i wooicn8, anJ oUler articles.
Term8, payment through credits opened
- the time of aceeotance of order. Ref-
erences .Refer to. No. 30859.
An import merchant of Argentina de
sires to secure the exclusive aorencv for
steel Tor naval stores : hardware, wires, !
niture of all descriptions, such as desks. '
flUn 8Wivei chairs and type-
writer. and offlce 8Uppiie8; also canned
fruit8f meat and vegetables. - Quota- 1
.( Ma av.A..l v. w - t. i
i or c i. f Ale-erian nort Pnvm.nl mn. i
j firrmMj ietter of credit. xew York tor- I
, resoondence should be in French. Ref-
erences. Refer to No. 80865,
"
t An official who has had eharce of the
' distribuUo'n of food ln Belgium desires
to secure an agency for the sale of con
densed milk, canned salmon, canned
rabbit, canned beef tongue, canned peas,
anned pork and beans in tomato sauce,
sardines,- lard, dried "fruits, quaker oats,
cocoa, lima beans and spaghetti. Quo
tations should be given c 1. f. Ghent
or Antwerp. Correspondence should be
in French. References. Refer to No.
30673.
PACIFIC COAST BATVK STATEMENT
Portland Banks
Clearing! : Thl Wk. Tear Ata.
Monday $ 7.881.0.V..61 $ 7.408.53.87
8pokana Bank
1earincJ Monday , S.K0S.1S8.OO
isaiance uonoar iii,ii.ini
Tacema Bank
I'learingi Monday $ 761,410.41
Halation Monday 60,007.09
Saattia Banks
Clearinsa Monday 8.90,455.00
ltaUncea Monday M&6.242.00
an Francisee anki
Clearings Monday . . . .aal.444.194 00
Lea A mala Banka
Clearingt Monday 8 0.271.695.00
of faring
I
Yield
CaW or shea
Smith & Camp Co.
HORTHWESTERN BANK BUIUDmCI
MAIN 646 ".-'.'..
FEDERAL TAX EXEMPT
BONDS
Local Securities
0 207-8 i Northwestern Bink
",. PORTLAND.' OR. ,
Enterprise
' - ; '
Union County Proud
Of Road Bond Issue
Authorized by Vote
Union county's recently voted bend is
sue of S1.49S.V00 Is equivalent to tin is
sue of $3,322,660. by Umatilla county,
says C. P.. Strain, county assessor. Not
only did the neighboring county votr in
actual money - $443,000 more than did
Umatilla county, but In ratio of county
wealth voted more than threo times as
much.
The equalised assessments of property
in the two counties this year how that
t mauiia county is
worth $44.550.000,
while Union county la worth $20.0Ss.oou.
There Is $2.22 in wealth in .his county
for every $1 in Union, according to ti e
figures.
When the two bond issues are looked
at from these angles, the showing mado
by the neighboring county Is considered
by Mr. 3traln to be quite remarkable.
LIBERTY BOND SALES
Liberty bonds fcoltl hi (lie New York murk ft
Mouil&y '
Ovn
$1110.50
Mr I An . .
I -ond
OSTJ
JI3.SO
03.H0
i r-n-t 4V
ieeond 4 V
Third A M 03 40
Fourth 4 X4 OS. 62
Victory 4$s OU.S4
Viotorx 8 0S.S4
Ssjf no vrW
The people of this world could .be
divided pretty accurately into two
classes-stickers and quitters, , to ...
put it in our American idiom.
And it is a sad fact that there arc
more quitters than stickers when
it comes to saving; at least 50 per
cent of those who ' obtain small
savings banks, and start an ac
count, close it out within five
years at the most.
Show your powers of persever
ance Tby getting one of the small
banks, similar to the Uustration,
and then keep at the saving. In
crease your bank account as often
as possible with its contents, and
draw out only in case of a real
emergency, one that can be met
in no other way. ,
LADD & TILTON BANK
l-EMBEerJ
?JEDERAL rftSWF
A Word About Estates
' "
If you are confronted with difficulties in straight
ening' out the affairs of an estate, you will appre-.-ciate
being able to obtain the services of an expe
rienced Trust Company.
They cost no more than the services of individ
uals, and insure accurate, economical and impartial
administration.
This Company furnishes the services of experts
in investment; accounting and executive adminis
tration. ,
LUMBERMENS TRUST COMPANY
' Bonds, Trusts, Acceptances .
Lumbermen a Btf.ilding Fifth and Stark
Six Hundred Thousand Dollars in Capital and Surplus
Anglo-French Bonds
Government and Municipal Bonds Bought and Sold
r I
iievepeaux
-
87 Sixth Street ' r
v
Ground Floor WellfFargo Building '
! ST
HALL '&
Buy and Sell U. S. Government. Foreipi CoremBieat. rj T v,
D.rl..-J D.tr.. li.!i!i. j -a t-i.i , - . '
BONDS
Quotations
Lewis Bldg Portland. Or., ,
riNANCIAJU
BKgEVTTIEJS
Ordinary treasury eipendltures are Mt
running at the ratio of $500,000,000 less
par month for- October this year lhaa
for October, 1818. ,Kor the first 10 dsya
of October they are $1 95,000,000 less .?
than for the first 10. days of Octylr '
1918. f
The Uumbermens Trust ompany is
offering an issue of $6,536.70 clfy of
Madera, California, Improvement 7 ne
cent bonds and the unsold portion oC
a new Issue of $350,000 Skagit county.
Washington, 64 per cent road bonds.
The Skagit bonds, which are offered
on a 4.90 . per cent basis, constitute a
general obligation of one of the most
prosperous and attractive agriculturist
counties in the state of Washington.
Cluett. "Peabodv .V Co. declared reeO-
1 larly .quarterly dividend of $1.50 a share
on the common stock, payable November
1 to stock of record October 21.
The First Natioluil bank of Prinevllle
has remodeled the -Interior of Its build
ing, making It an up-to-date bank build
ing. Safety deposit boxes have been
added.
at the following phj:ri;
flcse.
Sufiriliif
soo.;o
H.VRO
OS. 70
113. HO
n:i so
03.3H
II8.5J
till. 114
1IU.U4
IllaH
iIoh-
$ 1 1X). to
11 .V 3 tl
:t ox
to
ii.i.r.s
u.vto
ii a .mi
iiii.no
JIO.OO
l 00. SO
oa.ts
i.l fin
03. NU
0IV.4Q
BS.SM
OU.HS
.!
9100.40
na. n
5 no
ni
01.40
00. SO
00.80
Are You a
.
Sticker?
Oldest in the Northwest
Washington and Third5
- -
Bcoad way 1042'
COMPANY:
bumv wuiy. iDouiuiai. aniiawipai
Upoa Request ,
Telepaone Marshall 0SS.
f
v
9
4
If