10
THE ... OREGON DAILY 1 JOURNAL, PORTLAND. THURSDAY,
-DECEMBER
4. .'1919,
IS GERMANY DN
ir ' '
Official : Incompetence Declared
Jto Be Sapping. Financial Life
- of the Nation, i
- -f By Gordon Stiles
Bpusitl OaMs to Tm J so nut sad Ths CUeac
' Pally Nam.
(3optt4M, im. by CMcmo Deilr Kw Cft)
openlutf en, Denmark," Doc. 2.
Ioklnr back over the last three
iryontha in Germany with' the fct-
economic abrlc, it ia hard to con
cWe otherwise than that Germany
U? marching straight to absolute
httibmnicv Thu fh(nAt rnlnlntera
and others who have taken charge
of' a situation . which calls for the
highest .'degree in business shrewd
ness are entirely incompetent to
deal with it. Foreign credit, which
is, the only ; thing that will enable
Germany to get a new foothold,
nave not oeen ioruicommg, no in
tfie face of that discouragement, the
people show little dlspositfon to help
themselves. ;
yor instance, take the potato crop. I
pent iome th last month in the prov
ince of Mecklenburg, whloh contains
some of the best e;rlciilturl districts.
.A
"Old Soldier" writes : "I yould like
to, know what to do for rheumatism,
as I ant so crippled that I cannot walk.
Please answsr at once."
-'Answer: Here is the best remedy for
: rheumatism that is Known, and it taken
according to directions you will soon
be out again and be strong and well.
i Oet t drams of iodide of potassium ; 4
- Arams sodium salicylate; oz. wine of
oolchlcum ; 1 os. comix essence cardlol :
os. com p. fluid balm wort arid 5 oss. of
syrup sarsaparllla comp. Mix and take
s teaspooniui at meal time and -again
. oeiore gomg to oea.
p;
i" "Laura" says : "Some time ago I con
. tracted a very severe cold and cough.
H. have tried many remedies, but they
, sh not seem to neip me at ail.. I wuin
- you would advise me what to do."
; Answer: What you need is a laxa
Tlve cough syrup, one thai, win drive
;tne cold Irom your system. The follow
ing prescription will check your cold
. ;.and cough: Oet a 2H oz. package of
i, concentrated essence Mentho - Laxene
"and make according to directions on the
5 bottle. Take a teaspoonful every hour
yr i wo unui your coia is better,
t
$ "Poorly" writes : "Being past middle
X ana ooserving that my nervous sys
j tem Is in bad shape. I write for a pre-
?-BGTiDl4on. 1 lift nnf pain ul ran crt V.
Amy food, am weak, listless, forgetful.
:; sleepless at times, tired, and unable to
, tnm parx 01 a strong; man or health.
muku mm wn a.v one time.
Answer : Get from a well-stocked
,? pharmacy a sealed tube of three-grain
- Cadomena Tablets, which
, made for those needing a strong, harm-
f 'ess. rejuvenating tonic. , Astonishing
i. yiwiiiis rvButu ioiiow ana me and
f win mrs renewea. i
1 1
s t it I
vLJ Il I
WORLD RENOWNED MYSTERY MAN
I Will Give
I First Sensational Expose
il av aaaasi sssfc
' - " OF -
Spiritualism, Clairvoyance. Mind Reading, Spirit Messages, Spirit
Faces, Spirit Voices, Table Dancing, Hand Tappings,
; v Cabinet Manifestations, Floating and Disappearing
; , Persons, Ghosts, Messages From the Dead. Etc.
The
AUaborateiy
"fW".; --
P lf lAU ygrftmnce. of .the spirit
i ; Duzxhnsr and hewilfferiner k;n. ..
! .. - , v ? . v w ib spirit wona, includinir the
puithng nd,hew,ldexini cabinet and other work, of Dr! Eddy and
the SDint work anc crvttal . . J .
li -
others. 7 !"-w.uHtc or Alexander and
' onipiete repetition of the above with curtains, etc rmnv.i .1
, injexactly how these mystic thing. ar?dW " remved' ,how-
v-:
& '
IPublic Auditorium Sr.. Dec. 7th
tSeat sale open Friday and
C rison Streets.
;.:;.' :'- -.. . j j - .' ,
;WCES4-Lwer Floor
mmmmmmmmmmmmmmmmammmtmmtmtmmUmmmmmmimmmmmmm , . " " -' " &V .H' ..?:Vi! r
Something like 4.000.000 pounds of the
finest potatoes frose in the ground.
While X was calling' on' the count of
firtnhiirr.'ba la a. larare land owner
fand maker- of potato spirits, be had-a
call from tne government moor
In Berlin. The exchange was offering
to send a many laborers is were nec
essary to harvest the crops. stipulating;,
however, on behalf of the workmen,
that they must be properly housed.
Proper housing now means that the help,
will not sleep in barns or sheds as for
merly they were glad to' do. The out
come of the conversation was that the
count said it was Impossible to avail
himself of the offer because he was un
able to furnish the accommodations re
quired. That was only one Instance of
the many which have forced Oermany
to buy potatoes from Poland and also
to contract for 2,000,000 barrels from
Denmark.
POTATO CEOP 1OST
Stripped of whys and wherefores, the
case stands thus : There is not enough
patriotism left In Germany to cause the
people to turn with all their energy to
save what they can out. of the wreck.
Wherever Justice may lie. the fact re
mains that there were those. mUUons of
pounds of potatoes waiting .to be lifted,
and workers unwilling to put up with
a little hardship in order to save them,
or to work under conditions under
which they gladly worked before. The
town of Lichen, near the 'Mecklenburg
border, has Just contracted for BO work
men's houses, consisting of two rooms
and a kitchen. The conditions under
which the contract was drawn were that
the town must pay the exorbitant price
of 60.000 marks (normally $15,000) each,
although labor Is so scarce that the con
tractors ajree to deliver only one house
every six months, or all In 25 years. The
D. K. Jeffris Lumber company of Chi
cago has been negotiating for the sale
to the government of a large number of
portable houses, but the state of ex
change Is such as to make payment Im-
YfheUOCTORS
s ek a
The Questions answered below are
Jeneral in character; the symptoms or
iseases are given and the answers
should apply to any case of similar
nature.
Those wishing further advice, free.
may address Dr. Lewis Baker. "College
Building, College-Ell wood streets, Day
ton,. O., enclosing self - addressed
stamped envelope for reply. Pull name
and address must be given, but only
initials or fictitious name will be used
In any answers. The remedies can be
obtained at any well stocked drug store.
Any druggist can order of wholesaler.
"Unhappy May" writes: "I suffer
constantly with constipation, headaches,
indigestion and kidney trouble. My skin
Is pimply and oily."
Answer: Three grain Sulpherb Tab
lets (not sulphur tablets) is the best
known remedy for the blood. They are
maae rrom suipnur, cream ot tartar and
herb medicines which act directly on the
blood purifying it, thus causing the
pimples to disappear and the skin to be
come fresh and healthy looking.
"Essex" writes : "What should I do to
relieve a severe case of kidney and blad
der disease? Urine Is dark, foul of odor,
and paasare Is Irrea-ular. painful, etc.
Have depression, fever, chills, pains like
rheumatism, and soreness in region of
Diaaaer.
Answer: For such symptoms as you
describe I prescribe my favorite formula
under the name of Batmwort Tablets.
This is a splendid efficacious remedy
for such abnormal conditions. Begin
their use as per directions on each
sealed tube.
"Sorrowful" says: "My scalp is cov
ered with dandruff, my hair is oily and
straggling. Please help me so that I
mayIook like other girla" i
Answer: Tou can very easily "look
like other girls" if you will get at the
drug store a 4 os. Jar of plain yellow
Minyol and use it regrularly according
to the directions given. It will stop
your dandruff and make your hair soft
and fluffy and make it grow. This
treatment differs from all others and I
have actually seen the most wonderful
transformations when people have used
this only two or three times.
"Ann" writes: "Could you prescrit
something: to increase my weight?
am tall and thin to such an embarrass
Ing degree that I am frequently sub
jected to slighting remarks."
V
Answer: Hypo-Nuclane Tablets have,
been prescribed with great success as
indicated by gratifying letters from
hundreds of girls who suffer as you do.
These tablets can be purchased in
sealed packages from any well-stocked
drug store and full directions are given
inside. These should be taken regularly
for about two montha Adv.
Scenes With the
Staged Performance in
Saturday at Sherman-Clar box office, Sixth and Mor-,
- Box office onm A..,i:: e j
. . turn ounoay.
$1.10; Dres. Circle S5c, Balcony 55c, Including War Tax
possible, v As , the mark drops the prices
shoot. up. j ' .. , - i J
FOBEIGKEBS MUST PAY JCOBE
Open discriminations are made in the
shops against foreigners. An American
woman went into a chemist's place to
buy a standard Collet article the price
of Whicb was plainly marked 75 marks,
(about $19). The saleswoman, how-,
ever. 'informed, ber that she must pay
90 : marks (nominally $22.60.) Two
Britishers saw an article of wearing ap
parel in a window, priced at 405 marks
(nominally' 1101.25). They entered and
aid the," would take it. The woman
clerk looked' them over coldly and re
marked that they would be charged 590
marks (nominally $187.60). When they
declined and walked out she muttered
"Gott set dankr ("Thank God."
A merchant in one town near Berlin
announced that all foreigners must pay
for purchases in the money of their
country at the pre-war rate of exchange.
All these things contribute to the con
fusion which is fast engulfing Germany.
Practically all rationed foods are being
handled by what is known as "scleber"
(fences), who obtain their goods by
underhanded processes and unload them
at staggering prices on those wealthy
enough to pay for them. Not only are
food and clothing speculated In by these
people, but precious stones and Jewelry
of all kinds. This has caused a great
outburst against certain groups in Ber
lin. They insist on parading their Jewels
in the lobbies of the big hotels and in
other public places.
COLLAPSE INEVITABLE
if thA nnwera had srranted proper
credits to enable Germany to bring in
food and raw materials months ago,
thus giving her a chance to produce ex
ports she would already be in a much
better condition. As it is, she is fast
KA Annnllinlnn that Rhfl FTIllflt
wmiiig fcv wnz
collapse utterly and therefore is mak
ing little effort to build up industry.
What's the use?" I was asked Dy a
German last week. "Everything is going
up in a big explosion so it doesn't mat
ter If I have much or little. And," he
ended grimly, "it will certainly make
that treaty look wnite.
Rarmana tnlka no secret of the fact
that their houses contain large stores
of Illegally purchased food. In case of
new trouble, Berlin will be a decidedly
iinhAjiithv niace for the profiteers. The
disorder In Berin is growing greater
every day.
Restaurant Men Arrested
nnn Rairh. waiter in the National
restaurant, 101 North Third street, en
Joyed undue popularity, police believed.
Search revealed a pint of moonshine in
his apron. Patrolmen Huntington and
Delicate
lotos
Vinol, our Cod Liver and Iron
Tonic, u the best remedy
fori Nervous. Run-Down,
Anaemic Conditions
This Letter Proves It
Kenton, Del. "I goffered from a
nervous, run-down condition and no
appetite. I keep house and live on a
farm so had to keep about my work as
I have five in the family. Mr drug
gist recommended Vinol as the best
medicine for my condition. I felt bet
ter after taking the first bottle, It
has given me a good appetite, I sleep
tter and feel stronger in every
v." Mrs. J. Herman Wilds.
t is the Beef and Cod Liver Pep-
. ies contained in Vinol aided by Iron
add Hypophosphites which makes it
such a famous blood-maker, nerve
builder and strength creator. Be
sides Vinol is not a secret medicine.
Its full formula is printed on each
package.
OWL DRUG CO. AND 'DRUGGISTS
EVERYWHERE. Adv.
Mediums!
Two Parts
world, including the
i 2 ""-4"U"'K
Russell' declared, after .siting - him
Wednesday night. George Maslch, pro-:
prietor, wag also arrested. . -'
Policeman Looks ,
Around," to Pind
His Prisoner Gone
Washington automobile license No.
116,767 will remain fixed In one Portland
police officer's mind until he apprehends
the owner of the car.
Early this morning when the chilly
east winds were blowing off the Colum
bia river down Union avenue. Motor
cycle Sergeant Frank Ervin took after
the driver and chased him for blocks
before overtaking him; Thirty-five miles
an hour was the speed. Sergeant Ervin
declares.
When he arrested the man Ervin says
the driver claimed he did not know
where the police Station was located, so
Ervin said : "All right. Just follow me."
The motorist followed faithfully until
the ' corner of Third and Pine streets
was reached. He then turned the corner
and was lost in the maze of traffic be
fore the bluecoat could apprehend him.
E
PUZZLES REPUBLICANS
(Continued From Fai On)
other fellow cays no matter if it happens
to be a quotation from the Scriptures
itself, the undercurrent of sentiment ex-
pressed in congress after reading; the
Wilson message was one oi serious con
sideration of what could be done by the
legislative . body to correct the unrest
of the country and bring about a recon
struction of the nation's affairs.
Republicans may have publicly pro
fessed to ignore what the president
had said but privately they know that
h has laid a big; package on the door
step of cqngrees and that Demo
cratic campaign orators were un
questionably going to use the recom
mendation of the president as a basis
for their criticism of the Republican
management of congress if the present
session failed to do any more than the
Last session toward remedying the do
mestic ills of the country.
POINTS OUT FAILURES
Nor can it be said that the president
himself will forget the political game in
which Washington Is enveloped. Not a
word did he say about the peace treaty.
This was a studied omission. Only a
few days ago it will be' remembered
that Senator Borah came back to the
national capitol with a public statement
that he was through with the peace
treaty, and hoped congress would get
down to domestic affairs. Similarly the
Republicans have been crlticiaing the
president for absorption in foreign pol
icy to the neglect of domestic problems.
Mr. Wilson, concentrated his entire at
tention on domestic policies, politely re
minding congress of what it had failed
to do for the returned soldiers.
If AMES SHOBTCOMIJTGS
Wilson told what it had not done on
the railroad problem, what it had not
done about curbing radicals and what
it had not done about the various mea
sures proposed by him to help reduce the
cost of living. When these views and
domestic questions have had a chance
to sink in, It ia apparently a part of
the Wilson strategy to draw particular
attention in another message not merely
to the failure , of congress- to pass the
peace treaty but to the ill effects which
the United States, is Buffering and will
suffer from a policy of political and
economic isolation.
Congress, on the other hand, while
credited with a desire to tackle domestic
problems, Is hardly in shape to do so
because of the atmosphere that envelopes
nearly every problem. It always -happens
when one party Is responsible for
the management of the legislative branch
of the government and another party
is in control of the executive branch.
It was the same when Mr. Taft was in
j the White House and the Democrats
controlled congress. Only Mr. Wilson
has taken the offensive.
PROCRASTINATION LIKEIT
It will not be forgotten that the Dem
ocrats used to bombard the White House
with tariff bills and other legislation
which had for their object only the em
barrassment of the executive they were
called "shotgun bills" intended only for
a presidential veto. Now, however, Mr.
Wilson is bombarding congress. And
unfortunately the Republican party is
not a cohensive organization as yet. The
troubles of Leader Lodge in the senate
are not less vexing than those of Leader
Mondel In the house. Presidential can
didates abound. Individualism is the
slogan of the day and party solidarity
and party responsibility are woefully
absent.
While the Republicans may therefore
issue statements differing with Mr. Wil
son's views, they will hardly try to re
vise the tariff in the present session of
congress. Nor will they try to reopen
the tax bills. They will postpone and
defer, arguing that they must have the
presidency before they can function
Smoothly and redeem party pledges. Out
side of the necessary appropriation bills,
it is doubtful whether the new congress
will act on many, of the proposals made
by the president. Things like new legis
lation are rare when a presidential cam
paign is at hand.
Land Company Incorporated
Vancouver, Wash., Dec. 4. Articles of
incorporation of the Columbia Laid
company were filed for record Wednes
day. Charles W. Hall and O. Jorgen
Olsen, both - of Vancouver, and Herbert
P. Dewart of Portland are the Incor
porators. The company is capitalized
for $50,000 and will make this city its
principal place of business.
BETTER THAN CALOMEL
Thousands Have Discovered
Dr. Edwards' Olive Tablets
are a Harmless Substitute
Dr. Edwards' Olive Tablets the sub
stitute for calotnel-r-are a mild but sure
laxative, and their effect on the liver is
almost instantaneous. These little olive
colored tablets are the result of Dr.
Edwards determination not to treat
liver and bowel complaints withxalomeL
The pleasant little tablet jdo the
good that calomel does, but have no
bad after effects. They don't injure the
teeth like strong liquids or calomel.
They take hold of the trouble and
quickly correct it. Why cure the liver
at the expense of the teeth? Calomel
sometimes plays havoc with fthe gums.
So do strong liquids. It is best not to
take calomel Let Dr. Edwards' Olive
Tablets take its place. -
Headaches, "dullness and that lazy
feeling come from constipation and a
"disordered liver. Take Dr. Edwards'
Olive Tablets when you feel tlogy "and
"heavy.' They "dear clouded train
and "perk up." the spirits. 10cand25c
WILSONS
MESSAG
HAYLEY IS ORDERED
TO PAY LARGE SUMS
FOR BENEFIT OF VIFE
Temporary Afimony of $350 Per
Month and $10,000 Attor
ney's Fee Is Allowed.
Oregon City. Dec 4. At Hlllsboro,
Wednesday, Circuit Judge Bagley heard
arguments of the attorneys for both
sides in the Hawley divorce case, and at
the conclusion announced that w. P.
Hawley Jr. Should pay temporary ali
mony of 1350 a month for Mrs. Marjorie
Hawley and, their Infant daughter, $500
suit money and 1500 attorney fee, to be
paid at once. He further ordered that
the attorney's fee be fixed at 110.000,
which is $2500 in excess of the attorney
fee fixed by Judge Campbell. Hawley
was given 10 days in which to file an
answer to the original complaint, fol
lowing which Judge Bagley will set the
case for trial.
Respecting the motions for an order
restraining Mr. and Mrs. W. P. Hawley
sr. and VV. p. Hawley Jr. from inter
fering with and annoyinr Mrs. Hawley,
Hawley's attorney asked Mrs. Hawley's
attorney not to insist on the action, as
curing the latter that Hawley desired to
retain one room in the large house. At
torney Schoebel told the court that he
did not wish Mrs. Hawley annoyed nor
molested, nor any Interference with the
child, and said Hawley had discharged
an the help and had notified tradesmen
that he would not be responsible for any
accounts contracted by Mrs. Hawley.
The court advised Hawley that if any
rurther complaint was made against
Hawley or his parents, the motion for
an injunction would be considered.
In fixing the attorney's fee at 110,000.
Judge Bagley said he took this action
because of the long contest that usually
resulted from such cases, and the tem
porary alimony was also fixed at the fig
ure of $350 a month to cover such con
tingency. Hawley's attorney " attempted
to have this item cut to $250 a month,
but Judge Bagley held that Mrs. Hawley
was entitled to the larger sum.
Wine Raid by Police
And Revenue Squads
Yields 4000 Gallons
"You dont need the wine to have' a
wonderful time " popular song hit, be
came the slogan of revenue officers and
moral squad patrolmen Wednesday
nieht. Incidentally, the officers hung
up a new wine seising record by scor
ing 4000 gallons.
Four houses, close together fn East
Seventeenth street, grave up 3000 gallons
of wine. Sam Terasl, Sam Oattuccio
and Tony LaRose, claimed by police (o
be owners of the forbidden fruit
mashed found at numbers 65, 671
673 and 575, were arrested, charged with
having intoxicating liquor in their pos
session. Four gallons of wine were seized at
444 East Eleventh street and 600 gal
lons at 442 East Eleventh street Sam
Amato, who police say owned the liquor,
is under arrest.
Poliece Lieutenant Thatcher, with Pa
trolmen Schum, Spaugh, Huntington.
Russell, Corder and Schulpius, assisted
the revenue officers.
European Finance
National Committee
Will Be Organized
The formation of a national commit
tee of European finance, whose purpose
will be to encourage and press such
plans of assisting the acute existing
condition, has been announced by Rich
ard S. Hawes, president of the Ameri
can Bankers' association.
It is further stated that while Ameri
can bankers will give earnest considera
tion to domestic affairs "it is recog
nised that we must vigorously press
on the American public the necessity
for cooperating in such plans relative
to European finances as may be form
ulated, and to have the American pub
lic with which the bankers are closely
tn touch, realize their responsibility in
the matter of facilitating foreign trade."
New York A continuation of the
tactics of the last few days seems likely
in the stock market, which is tempo
rarily sold out and shows a tendency to
work upward irregularly and slowly
Into a fairly cheerful Christmas affair.
Strength and activity of End loot t
Johnson Shoe stock is reported to be
;due to persistent investment absorp
tion of this issue based on enormous
earnings and the high class manage
ment with rumors of higher regular
dividend rate.
Klectric Storage Battery declared
quarterly dividend of Zy per cent on
common and 2ft per cent on preferred,
payable January 1, to stock of record
December 15. Previous declarations on
both Mocks haVe been 2 per cent quar
terly.
.s
American Tobacco company's sales in
October totalled more than $17,000,000,
a new high record.
Samuel H. Colt, chairman of the board
of U. 8. Rubber company, stated yes
terday that an extra dividend wUl be
declared ia January.
The net loss to the United States in
operating expenses of the railroads Jan
uary 1 to October 11 amounted to $269,
67,158, although a profit of $11,000,000
was made In October.
Canadian Pacific, fourth week No
vember, earned $5,086,000; Increase,
$514,000. Total from January 1, $156 -290,000;
Increase. $17,967,999.
Nolan Free Zone Bill
i " to nme out and its af-
, feet on Portland, the Chamber of Cora-
. uic appointment of a
legal committee this, morning. The
members of the committee are Judga
Wallace McCamant. Erskine Wood
and W. C, Bristol. This committee will
rv as a sub-committee to the legis
lative rommittee.
Bank Cashiers Meet .
. Pendleton, Dec. 4. Cashiers of six state
banks hi Umatilla mmw
day with C L. Lamping. Portland branch
uuumibot Vl me leoerai reserve bank, to
learn of the advantages of membership
in the federal system. There were repre
eentatlve from v.- pflot Bock, Mil tori.
Helix. Weston, Stanfield and Echo,
$TOGKMMgET
STOCKS ARE
FOREIGN EXCHANGE
DROPS SUDDENLY
ON WALL STREET
Collapse Results in Good Ac
tion of Practically A 1 1 the
Stocks on List During Day.
By Broadan Wall
New York. Dec. 4. Foreign ex
changes collapsed Wednesday to
new records so low that for the first
time they begm a bullish argument
on the stock market. The result
was good buying of stocks through
out the list with material net gains
showing in every department and
with the final prices about the best
of the day in many Issues.
A short interest of importance exists
in speculative issues and Investment is
sues are being bought freely under the
influence of cheap money, for renewals
Wednesday were 6 per cent and money
was offered at 5V4 late in the day.
This is the lowest money rate since
the 'Panic of November 12, when it went
to 30 per cent.
December cotton sold at 40 cents a
pound. This Is the highest price since
the Civil war.
3fO IMMEDIATE TRADE
Sterling broke to 3.874 and francs to
10.32. Such figures have not been seen
In a century and they are bullish on the
stock market because they mean that
there is no present hope of exporting
commodities to Europe from this coun
try. Therefore the warehouses that are
gorged with commodities speculatively
held for foreign account must be cleaned
out.
There is a home demand far in excess !
of any possibility of being satisfied by
these warehoused goods or by all that
can be manufactured. But the release
of all these goods will tend to reduce
prices and, furthermore, it will reduce j
the rate of Interest and cut down loans
so that the federal reserve banks in all
parts of the country will be able to
make a better showing of reserves. The
bank reserves are too low now to be j
comfortable, but with certainty that they !
are to be improved money will remain
easy. The stock market has, therefore, j
only to look forward to about three !
weeks of nervousness tn the money mar
ket and then the January 1 disburse
ments will all be financed and there
will be funds enough for all the trading
the people want to do In the stock
market.
FACTORIES MAT CLOSE
Reports that the Cora Products com
pany may close down several factories
for lack of fuel did not startle the street,
for whatever bearishness there was in
this was counteracted by the bullishness
in the sweets market.
There will be an abundance of sugar
in January and February, but at such
high prices that syrups manufactured
by the Corn Products company will be
in urgent demand. In fact the coal
strike itself has lost its influence as a
market factor, for reports from Pitts
burg say that the men were returning
to work In surprisingly large numbers,
contrary to the wlBhes of the union of
ficials. They can do this because the
unions are enjoined from calling a strike
and cannot discipline the men if they
violate the nation-wide secret under
standing that seems to have been entered
into tn regard to the matter.
RAILROAD STOCKS STRONG
President Wilson's recommendation
that good roads be extended throughout
the country had the effect of putting
Barret up $ points, most of which it
held to the close. Analine was also
strong as a result of his plea for aid
for the chemical companies. His road
talk was, of course, largely instrumental
in giving the motor, road and oil stocks
their upward movements. Texas oil
was the strongest of all the petroleum
issues, being at one time 10 H points
above Tuesday's close. Of this advance
9 points were held to the end of the
day.
The I report' of the secretary of the
treasury gave the bears a little comfort
because it conveyed the Idea that the
Diversify Your Investments
As to the time of year interest and dividend payments are made
No man would be satisfied to have his salary paid only twice a year. Yet many
investors receive their interest returns semi-annually. We advise the division
of investment funds among various issues of securities so that an interest or
dividend -payment will fall due every month in the year.
When dealing with a trust company having a long list of offerings an in
vestor can select a group of investments that will bring in an extra pay check
every month in the year.
Investment Suggestions Diversified as to Income Payment.:
c Int or Div.
Security Months
Snake River Irrigation District 6. Jan. -July
(Debt of district of 8000 acres, which has been under successful
irrigation and cultivation for many years.)
U. K. of Great Britain and Ireland 5s Feb.-Aug.
(Payable in United States in American dollars; direct obliga
tion of government.)
A. G. Spalding & Bros. 7 Preferred Stock Mar.-June
(Company, established in 1876, has no funded debt.) SepL-Dec
Paige-Detroit Motor Car Co. 7 Preferred Stock Janu-Apr.1 7.22
(Total net assets equal $200 per share. Common stock worth 'July-OcL
about $5,700,000 follows preferred.)
Province of Alberta. Canada. 4. May-Nov. 6.75
(General obligation of entire province of vast resources; payable
in Canadian funds.)
Write for our circular on diversified investment.
umbermervs
Vm
SavTN FrvrCISCO
ATTRACTING
government would not participate in any
movement to stabilise international ex
changes. While the railroad stocks did not ad
vance ine - buying in them was good
and stocks like Union Pacific, Pennsly
vantet St. Paul, Southern Pacific, New
York, Central and Great Northern are
being well taken on the theory that the
government program on ths return of
the roads to private owners will be a
very liberal one.
Chehalis Bank to Open
New Department
Chehalis; Wash.. Dec. 4. An official
opening of the sajfcjngs department of the
Coffman-Dodson Bank Trust Com
pany, pioneer banking firm of Lewis
county, is being advertised. This
department has just been separated
from the main bank, by remodeling
the bank lobby at an expense of over
$10,000. Saturday. December 20 Is the
date set for the formal opening. Mon
day evening the bank officials and all
employed enjoyed a feast at the St
Helens Hotel.
DIVIDENDS
The West Coast Oil Company has
declared a dividend of $1.50 a share,
payable January 15 to stock of record
January 2.
The American Bank Note Company
declared the regular quarterly divi
dend of 1H per cent on the preferred
stock, payable January 2 to stock of
record December 15.
The' New York Kdlson Company has
declared the regular quarterly divi
dend of Hi per cent on the capital
stock, payable December 14 to stock
of record Novemder 25.
The Keystone Tire & Rubber Com
pany has declared the usual quarterly
dividend of 3 per cent on the common
stock, payable January 2 to holders
of record December 16.
The E. I. du Pont de Nemours
regular quarterly dividend of 1 per
cent on the common stock and the
usual quarterly dividend of 1 per
cent on the preferred stock, payable
February 2, both to stock of record
January 20.
The Montana Power company has
declared the, regular quarterly divi
dend of 1 per cent on the perfered
stock, and a dividend of of 1 per
LIBERTY BOND SALES
Liberty bond sold la New Yerx market at the followtnc price:
Thursday Open Hlita low Close
3 Hi 109.70 (0O.7S $00.60 800.76
Pint 4 04.00 04.00 08.04 68.04
Kecond 4 01.60 02 80 01. AO 02.22
llrH',1 04.10 94.30 04.10 94.20
Kecond 44s 92. 20 02.00 92.20 92.56
Third 4V 04.80 04 00 04.18 94.42
Fourth 4 02.80 03.10 02.80 02.64
Victory 89.02 60.18 00 00 06.06
Victory 8 Is 00.00 00.16 00 00 00.00
WANTED
Local Investment Banking House desirous of securing ex
perienced salesmanager and salesman., Extremely attractive
opportunity for right man. Previous experience in bend
business not necessary. State previous selling experience, age'
and salary required. Information will be kept strictly confi
dential. Only successful men with selling experience need
answer this advertisement. Address No. V-6S7, Journal.
GOVERNMENT, CORPORATION AND MUNICIPAL
BONDS
TO NET FROM 5 TO 7
PREFERRED STOCKS LOCAL SECURITIES
ROBERTSON & EWING
207-8 NORTHWESTERN BANK BLDG.
1
Bonds -Trusts- Acceptances
Capital v surplus tooo.oo .
Lumlrmrs Bldej. , '
Porlerd. -Qreqor
BUYERS
'.- Edited by v
WUir.HessUa
cent on the common stock, both pay
able January 2 to stock of record 4
December 1$. ., ?"
Otis Elevator company declared usual
quarterly dividend of $1.25 on common
and fLSO on preferred. ,'r
The American Snuff company declared ' -'
dividend of 2 per cent and 1 per cent '
on preferred, both payable January t.
This is a reduction in the dividend oa ',, -common
stock. ''
Montana Merchants M:
Test Law Requiring
Cost Mark on Goods!
Retail merchants of Montana are bat '
Ulng with an order of the Montana -I
trade commission, created by the legla -.i
lature at its last seeston. compelling
them to place, on every article of mer
chandise offered for sale a tag showing
the Invoice and retail selling prloe In
figures plainly legible to consumers. The
order became effective December 1 and a
Is aimed at the high cost of living.
There is solid opposition to the order ' u
on the part of the retail merchants. .
manufacturers and - Jobbers, and the -Montana
Retailers' association is ar
ranging to test the constitutionality of
the order. .
FOREIGN EXCHANGE RATES
Carotr4 dally by forclsa department, Cntt4
States National bank.
Opanlng nominal rate for bank transaction :
Demand sterling receded Ke to $8.1111 H
Franc chrcki, after retching 14 eentlmet U
10.27. rrrotered to 10,24.
Cheek Cable.
Ixindon, ponnda tterlinc t S.RO f BO
Pri. franc 10.27 KV.'S
Berlin, mark 2.35 3 2
Oenoa, lire 12. 12 HH
Copennacen, kroner ... JiS.SO 20.00
C'briatiania, kroner .... 21.8S 21.45
Stockholm, kroner .... 32.28 22.35
Honcxonc. local eurrenoT 101. SO 102.50
Yokohama, ran 80.73. 60.85
PACIFIC COAST BAKE STATEMENT
Peman4 Rant
neariats. Tbla week. Tear are,
Monday .... .t 8. 971. SIS. 12 t 7.6M.77.3t
Tuesday .... .64.Jia.l2 S.608.281.H
Wedneeday 8. 577. 147. 46 .472.8.TS
Thursday ... 8,194,262.06 5,661,801.01
Bsoksne Bank
Clearinc Thursday .. 2,683,882.06
Balances Thursday 1.081.801.00
Seattle Bank
Clearinc Thursday $ 5.018.880.00
Balance Tbumday 1.508,382.00
San Franelaso Sank
Clearing Thursday 620,816,218.5$
Lot Snteie Ban III '
Clearing Thursday $10,145,088.00
Close
Wednesday
$00 66
03.88
. 81.70
63.92
92.0S
.94.06
82.22
' 90.6S
08.06
Price
to Yield
6.00
6.257o
6.00
7.00
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