THE OREGON SUNDAY JOURNAL,: PORTLAND, SUNDAY MOKN1NU, JAM uakx jw, xro.
"IV
FOB BALK MIWCELLAgOP W
Plumbing Supplies
- BATWHOOM otrrrrrs coMPtKW
AT SPECIAL, LOW PRICES,
K BATHTTTB8
tW-lXWrf TOILETS
CORNER OR FTAT RACK BASINS (complete)
. PIPE AND FITTINGS
Cet our price before you tot rw
, - contrast. W alio bars som sligtitly '
i damaged food.
A. L. Howard
OII FOURTH BT,. bet. Taylor snd Salmon sis.
This Ad States Facts
? I hav a Uw assortment of un
' ralled-ior tailored rait t price that
will eurpris you. AU patterns
" and styla. and remember by rt o
sotately new, not econd-hnd. I can
fit you to a suit that will please both
your tail and your pock at book.
H. I. Blum
164 Tenth U. nar Morrison.
... TREMENDOUS el on fixture, consisting df
floor cuw. wall caw. ciar cases, mall and
laria National register, restaurant refrigerators
refrigerator cases, dk, gas plates, 6 foot all
; plate glass eaat, Toledo acalei. meat rack outfit,
snsrbl alas, numerous other fixture. Act
quick 242 Btlmon. Main 842.
bKSHltC to purchase a well located 2, story home
' of about 7 room In Laurelhurst, Bote City
" Park. Alameda or wett sit. Tabor, from 17000
to 112,000. Will pay half cssh, balance $250
or mora per month. E. B. Hyatt. 880 Alder.
BOSS water motor. $25 and $50 each. We
hare 4 water motor that were formerly ued
In large pip orfan and cost from $260 to
$300 each that we will ell complete for $25
and $50 each. Bee Foley A Vn Dyke. 106 5th.
512.50 to$!5 8&dbmSs
,7, W"
Automobiles. motobctcLes. laonches
ei boete an asperate elaartfieationa. A bra
rttin a he found under thaw different classi
fications.
CALt, East 8088 h you wish the Salvetlon
Army truck or wagon to cell for your eaat
off elothlnf or tasgsxlnes, newspapers, furnl-
tur. ate. Add re 2 j2 Cnlon sve. ,
BOt WA'fiH TANKS 80 gal. $7. 40 gal $.
Tested and narnted utove and furnace can,
Css beter installed. Expert plumbing repairta.
, Eaat Side Welding Shop. 208 Adm at. E. 8516
iiOTICE Firt growth big fir eordwood de
liTered direct from wood to consumer: m
MMi and order from us. Immediate delivery:
i order now. C!l Wdln. 4672 or KMt4sjU
lEOLlANf GRAND, also Aeolian orcheatrelle.
Una library music rolli; pUy popular music;
suitable for lodge room or moring picture; tear-
lng city. B-498, Journal.
ri-f 4TTM1 MACHINES
New and aeoond hand machines bought, sold,
rented, exchanged and repaired. 816-18 Henry
Hide. Mam saou,
GAS BANHE. 2 hoi kitchenette stove, porch
awing. Mann none innrai,
rruar chicken netting, fireplace acreen and buffet.-
Eat 28BO.
iWO lady' mite ulta, size 40. made for model:
good material: cannot be duplicated lea than
$80 to $85; now only $65. 800 Morriaon at
-H. faul to.
168 VICTOR machine with fin Urge wooden
horn, triple spring motor, fine condition.
Price $25, $10 down. $5 monthly. Hyatt
Talking Machine Co., 850 Alder.
OLD Tacuura cleaners bought, repaired or ex
changed: bring in your old one nd take horn
a good on. Bill Tankard. 507 Manchester
bldg. 85 tt Bth st '
CASH REGISTERS
Showcase, scale, meat sheer, ice boxea. stools,
ether fixtures. Must sell this week.
118 2d St. Ask Cigar Store.
FINE $120 Grafonola, used very little, and $50
worth fine records, all for $120. $25 down.
$10 monthly. Hyatt Talking Machine Co.. 850
Alder.
l JCBT hate housework ; things are so Inconven
ient." Modernise your kitchen, make it more
efficient with cupboards and breakfast nooks.
tntrhra Einert. Woodlswn 5846.
SIAFES Nw and secondhand: aema with
burglar chest, at reasonable price. Pacific
rale A Supply Co.. 48 Front at Bdwy. 164.
fcOINO East or South T Household goods shipped
at redueed rates: moring and packing. Pacifla
Cout Forwarding Co.. 408 Hoyt at Bdwy 708.
PBINTINO FOB LESS We are not in any
printers' combine. Prompt serrice. Smith.
Winters. 218 OornmonwMi bldg. : Bdwy 29H6.
POSTAGE "STAMPS for collectors; bought and
old. bui ucji.ay Diag. nun
donee Marshall 8 7U.1.
ICDISON phonograph," No. 7T. In food condition;
gent' arenlng suit, sue an-ao. rtan
anomlnga.
GOINO"away. will sell fine $60 White Frost
refrigerator for $25; the kind that aarea ice.
TaborlTs ;
BICYCLE. ' like new: alio bedsprings, lady's
coat, lady's new shoes, cheap. 352 Chapman
at Chapman car end of line. i
FOR SALE A Manning gas burner, pressure
tank and 50 gallon oil tank. M K Campbell,
$80 Glenn ar. south. "
WHILE NOT smployed. capable licensed elee-
trician will wire your house or other electrical
work Tery reasonable. Wdln. 8791.
f5n SAt-Oent's. slxe" 40," full drp"rot
and Test : new. worn once, too tight Call
i Bunday. Tabor 2W23. B12U 92d f,t. W. K.
BARBERS, ATTENTION I
-Two barber cliair for $50. Call 118 2d st
In elgar store.
WOCIJ like to buy a splendidly located Lau-
relhurst lot Hyatt Talking Mactune Uo.. sou
; Alder.
1 FERTILIZER
i-J For sale, from Union Stockyards, $10 per 2-
ton load. Wdln. 3831.
' ONE .22 Winchester rifle. $10; 1 mechanical
drawing aet, T squat, triangles, scale, 43
; Kast 80th st N. Tabor 9322.
'. i BIX-BLADE Odell safety blade sharpening ma
ehine. in good condition, cheap. 6820 f9th
Bt, Portland. Or. Mt. Snott car. Lent.
TUXEDO coat, in excellent condition: beat of
material; satin lined. Sixe about 38 long.
i Kast 2295.
, : SPECIAL today, orange 20a. 25c and up to
70c doaen. Apply to American Fruit Co.,
" Southeast corner 4 th end Yamhill its.
- ' GOOD Vulcan gu rang, with side own, $25.
1090 E. 15th St. N. Take Alberta car.
Phone Woodlawn 2975.
fcOKBY handmade spring hate at the Bandbox",
286 Washington. Take elevator.
FERTILIZER, dairy, $5 a load. 1183 Mon-
;. ; tana are. Woodlawn 5904.
, : ONE pool table and some pool room furniture
for anything I can use. G-875. Journal.
WHY pay more! Haircut 3Sc, shava 15c.
107 H 4th t. clrwc to Lyric theatre. ;
S'EW black satin dress, gold, trimming, $30.
Call Marshall 3 289.
. WISCONSIN MOTOR, for boat or truck, new.
885 Union N.
bRAG SAWS for sale $100 ea. 806 E. Mor
. rison. Wdln. 5902.
SAFE for sale, in good condition, cheap. PX-
- use, journal.
(&OOD apples not frozen. Si a box; bring
boxea. E. 72d t. nd 24th ave. Tab. 1847.
FRANKLIN stove, laundry stove, with coil.
vacuum sweeper; small cnurn. r.ast 4316,
FOR SALE A Behnke-Walker instruction cer-
' tlficate. call Woodlawn 1327.
GARLAND range with a 3-plate gaa burner at-
tached, $43. Call Tabor 8097.
' BABY go-cart of French gray wicker. Good
as new. rteasonaoie. Ptione Tabor 388
No. S BUUD instantaneous hot water heater
lor sale; gooq condition, call Eaat 1088.
BrJt 8x10 portable Middeley oven! N-476
Journal.
POTATOES FOB SALE. PHONE BROAD-
, . WAX 404,
WONDERFUL bergatna in ladies' used apparel.
Coats, dresses, suits, etc, , Tabor 2825.
. FIREPROOF safe for sale cheap. Address tot
' particulars, V-B7B. journal
TACCUM cleaners, sold, repaired, rented, i
, ehanged. bought Bentley Co.. Main 490T.
' SECOND hand ptpe furnace with piping. Phone
r.asr ivis,
NEW 23 Winchester Special and euH cil
Columbia 747
SNAPS tn uncalled for taUor-saad suits for aJeT
atoaern tailors, sv r. otn sr.
FOR SALE Dry wood; tov length; also
green or dry slab. Phone Tabor 4780.
i UNCALLED for tailor-mad. suits. $13 BO up.
Taylor tbe Tailor. SnH BumM. mt
FOR BENT Electric vacuum cleaner. 24-hour
say, 91. Douwreq anywtiera. Wdln. 1259.
PLUMBING supplies, wholesale price.
Stark
Devi. Co., XI 2 8d st siatn 79T.
PLUMBING expert, repair any plumbing, gaa.
ery rorotL aaevuroy. Beuwooa 1126.
, ONE 6 bbl. 12 n. 101 gaaoline pump and
280 gal, tank. 1085 Union ave. N.
. FOR RALE Overstuffed Davenport, good eon
drtion. Mar. 4686.
BEAUTIFUL hand mad negligee in alice blue
- erepe-de-Bseteor. Mar. 4686.
EXPRESS body with top and curtains. $10.
East . '
. FOR SALE AlmoH new saan'a overcoat,
' wool materiat Pbowe R. -7486.
aU
WOULD like to buy high grade baby grand
piano. Hyatt Talking Machine Co., 850 Alder.
CASH REGISTERS, FLOOR CASKS
And other future, $42 Saiaaoa. Mala S4S.
fob nAijsmBCKiiiAWiovB-'.n
Hardware Specials
Note the prices on this list of hardware.
The good an all first das merchaadise
and absolutely guaranteed.
Rule, ngular peiea 75c, tbia week. .$88
Beril squares, regular price, 75c. this
week .85
Marhinlsta' hammers,- regular price)
$1 25. this week. 75
Carpentera' hammers, leg. price $1.25.
thi week .
75 ft steel tapes, rag. price $7.50,
tliia week 4-25
, 10 in. rachet brac. reg. price $2.25,
thi week IM
Lys adses, re, price $5.60. this week 2.25
Ship axe, re, price $5.54. this week 2.25
Top mania. Kg. price $1.50. thi
week M
2tt in. White'! chuck, ret. price
$4.60. this week 8.75
8 In. Whites chuck, reg. price $5.50.
this week 4.00
Race knifes, - reg. price $1.25, tbia
week .". 45
Mallets, reg. price $1.25. this week.. .50
Mallets, reg. price $1. this week.... .50
Heary farmer chisel at 60c on the dollar.
Wood jack plane, special , 2.25
No. 5 jack plane, apecial 4.25
No. 4 smooth Joiner planes, special. . . 8.95
No. 7 jointer planes, special 6.95
No. 8 jointer plane, special ...... 7.00
$2.25 hand axe 150
$8.50 hand axes 1.05
$4.25 hand axes, special 2.26 .
$16 No. 45 plow planes, special .. 10.45
hi to In. No. 87 blacksmith dies.
special 6.50
to 14 Green Rirer blacksmith dies,
apecial 1.60
to X in. easy blacksmith die, ape
cial 19.50
to 1 inch Green Rirer black
smith die, special 23.50
$16 forge, special only . .13.00
$35 No. 400 blower, special only.. 25.00
150 lb. aU steel anril. special only 23.00
70 lb. anril, special only 10.00
Cable and Blocks
Price cut in half on thi line through
out. See our stock of band made blocks,
choker hooks, swamp hooks and peariea.
9 in. Try's blocks, new, reg. $15,
only 7.60
6 in. scratch blocks, new, reg. 09.50,
only 1.75
1 in. swamp hooks, new, reg. $2,
only 1.00
Pearies. new. reg. $3.50. now . . . 2.25
14 ton chain block, reg. $45. now 27.50
300 wire stretchers, spL. each only. . 1.95
2d hand axea 50c to 1.25
2d hand picks, each , CO
Wagon lanterns, each j 85
Round point shovels, each 1.25
New Simmons cross-cut saws, 50c foot
AU grades of roofing paper, at prices
from $1 per roll up.
Levisi Hdw. & Furn. Go.
221 Front t
e
If you want to sare money on new pipe get
our prices. We also carry a full line of plumb
ing supplies and can save you money. Esti
mates cheerfully given. Get our price befon
you buy.
Northwest Pipe Co.
187 Front St.
Between Yamhill and Taylor. Phone Main 5631.
CEDAR CHEST:
Direct from Factory to your bom. Ten
nessee and Port Orford cedar; solid copper
trimmings, latest designs. Write for catalogue.
Fctory. 1912-16-18 E. Gli-n. Tsbor 808
WE SAVE YOU MONET.
House wiring, lighting fix
tures, electricsl repairing sup
plies. Third Street Electric
Store. 224 H Third street, near
Salmon. Main 5055.
$700 LATEST MODEL COMPLETE VTJLr
CANIZEB
RtrM!lin nntflt for $550. Duntley Pneumatic
cleaner, $46. Second hand cash register. $10. W
hare a good line second band bicycles, au aiaea.
Big reduction ut used tins. All sixes. 233 Front
Main 6490.
WALES ADDING MACHINE
Fine Walea adding machine with stand. Adds
to 9.999.999.99. Repeat, correction, non-add
and non-print kers. Wide carriage. Cost
about $350, all in fine shape. Price $200.
$25 down, $10 monthly. Hyatt Talking Ma
chine Co.c, 350 Alder.
SEWING MACHINE EMPORIUM.
N and 2ii hand sold for less:
no agenta employed. Complete line
of parts for all makes. Machine
repaired and rented. Main 9431.
SEWING MACHINE EMPORIUM,
190 8d. near Taylor st.
FOR SALE Hoffmen Van Houten electro
therapeutic cabinet bath, new Ford bug body,
16 leather seat and back opera chairs, new
overstuffed davenport in tapestry, oak 6-foot
back cigar case, glass sliding doors top and
bottom, also bone cutter and coffee mill, 50
billiard cues. American Furniture Hospital,
868-370, K. Morrison st
2 STNGER tailor" machines, fine condition.
cheap; Wheeler AY Wilson used sewing ma
chines. $5 up. Expert repairing. Machines
rented, $3 per month.
MORRISON STREET SINGER STORE
882 Morrison. Marshall 721.
: WE ARE disposing of a variety of the
latest dropbead machines, priced from
i $1 5 to $33. all aa good s new: machine
rented $3 per month: repairing. Singer
Store, Moose bldg.. IMS 4th. Main 6838.
BCICK SNAP
First class 1917 Buick. splendid mechanical
condition, bumper, leather top, good Urea. Price
only $750, $450 down, $50 monthly, or will
trade for Laurelburst lot Hyatt Talking Machine
t.;o., boo Alder.
Electric Motors
Bought, sold, rented and repaired.
Walker Electric Works. 413 Burn
side, corner 10th. Broadway 6674
THE NEW GRAFONOLA
Hear the new type Grafonola with automatic
stop that you do not set; works fine. Price
1120, $20 down. $6 monthly. Hyatt Talking
aucmne Co.. 350 Alder.
SAFES Fir and burglar proof aafe. new and
secondhand, at right prjees, bought, sold and
exchanged.
NO KRIS SAFE A LOOK OO..
106 2d at Phone Mam 204$
"MUSICAL INSTRUMENTS," "Typewrlter-
and 'Household Goods" are aenarate classifi
cations. All advertiaemente of the goods are
puouaow una.r tneir respective clasaUleaOoaa
LUU& THEM OVER
t.tl,rnusALLY beautiful diamond rine.
weighs nearly 2 25-100 carats, set in latest
Mack enamel and gold settina: would cost 12200
W1U exchange for fine Laurelhurst or other
high grade lot B. E. Foote. P. O. box 4. city,
SOME folks say diamonds are high, but on
would hardly think so if th would stop long
enough to compare my prices with regular price.
Miller's Clearing House for Diamonds. 856 Wsah-
ington st, next to Majestic theatre.
SPECIAL 5 DAY SALE
Hair goods, first Quality switches, curia and
transformations, all shade, at a bargain.
MADAME W KTIS, 181 N. 23d (t
Phone Main 407.
FOR SALE Large else Thurman electric
vacuum . cleaner, suitable for hotel, church or
other large establishment; excellent condition;
cost $170; will sell for $83. Address Fred Lock-
ley, ca n. nata St.. foruana, Ur.
FOR SALE 1 Singer shoe repair machine. 1
sole cutter,' 1 finisher snd motor; all new;
seu cnesp lor casn. iots 1-3 E. 13th st
i. K. Wilson.
NO. 14 RUBBER covered wire. 2c per foot. In
coils of 500 ft Other electrical wiring sup
plies at great reduction. AU new material.
woon lawn B7i.
GAS rang, two hoi kitchenette stove, a porch
wing and a Mann bona grinder and 600 q.
feet of chicken netting, and fireplace screen, and
a onrrei. East 2 MAO.
N U RSE aprons, party dree sise 34, gas piste,
kitchen chairs, combination heater. Phone
r;aet oia.
SSY baasinettea and cheats at right price,
on hand and to order.
2284. .
Apt 20., Woodlawn
BEAUTIFUL white diamond, about a half
rat, value- 1T0. at great reduction. O-
ooi, journal.
FERTILIZER
Good rotted manure deliver danywber to
city. i auor iiws. Mam 448.1.
FOR SALE Brown silvertone spring uit.
bought new $95; too small for owner; six
86. $.10 take it Call Sunday. Main 4X85.
FOR SALE Coal heating stove, complete witS
imi. Doara, coal nod and ehovel, 1-u
imiuMH, taoor 3ioo.
TWO men's suit, tailor" nude, size" 8fgoloT
, every day; have bees wen fee aaonth. $90
wanna n,
FOB SALE SriSCBLLAirEOTJS It
m Plumbing Supplies i -Bath
TubsBath 7. Tubs
Just received a carload . bath tubs. 4 14 ft.
S ft. f hi ft Flvw-foot tub, with fixtures
complete, $40, this week. only.
Toilets Toilets
W have about lOO" high-crad toilets, slight
ly used bat in fin ehapei. Selling this week at
$28. '
Lavatories Lavatories
Slightly used lavatories, a anap at $14. fix
ture, complete.
SinksSinks
20x30-in. sinks, this week. $8.60 each; Lat
est atyle. with atrahwrs.
Pipt Pipe Pipe
A complete line of pipe and pipe fittings, new
and second 'hand.
Let ua figure your job. with or without in
stallation. Mail order filled promptly.
N. B. Mesher Pipe Co.
229 FRONT ST.
Bet Main and Salmon. Main 5277.
FOB SALE Franquette English walnut tree.
grafted stock; loganberry plants, "tip.": Lam
bert and "pie" cherry trees. Oregon Champion
cosebeiry bushes, 1 and 2 yrs. old: Perfection
and Fay Prolific currants. Gold Dollar, Magocn
and the famous Etterberg strawberry plants, red
and black raspberries. Italian and French prune
trr. sll fine stock, reasonable. 6803 Wood
stock ave.. Portland. 4th houe beyond end of
Wnndtrck csrline. Sei!woJ 2332.
PROPERTY OWNERS. ATTENTION
SAVE YOUR OLD SHINGLES
I specialise in repairing and saving aU kinds
of leaky roofs, go over your roof thoroughly,
finding all weather cracked places; clean gutters,
repair around chimneys, vent pipes; moss taken
off. Several hundred pleased patrons the latt
8 years in Portland. Free estimates. All work
guaranteed. C. E. Enn. Woodlawn 5084.
FOR SALE $12 vacuum sweeper for $4.50.
Wdln. 620.
FTJBJflTTJKE WANTED
74
Ws want your used furniture, rugs, carpets,
stoves and all household good and will pay the
hit nest cash pricaa.
Our Three Large Stores
enable us to dispose of thee goods at once,
and therefore we can pay the
Top Market Prices
W. also buy and sen hardaare. tools; sport
ing goods, tents, bicycles, typewriter, adding
machine and store and -office furniture. When
you bay anything to buy, sell or trad
Call Main 9072
Levin Hdw. & Furn. Co.
221-8-5 FRONT ST.
WE need used furniture, carpets, rugs, stove.
ranges, office furniture, etc. We buy one
piece or a bouse full. Call Marshall 587; our
buyer will call promptly and pay highest casn
prices.
A. V S. GEVCRTZ FgJRNITURE STORE,
205-207 First Street
Between Taylor and Salmon.
SELL US
Tour Odd Piece or Complete Fnmfjhlngs
We Pay Top Cash prices
Call Us for Prnmnt. Courteous Service
PORTLAND FURNITURE EXCHANGE
208 FIRST ST MAIN7728.
SPOT CASH FOR USED FURNITURE
Main 8878
THE UNITED FURNITURE 8TORB
178 FTR8T STREET
WANTED USED FURNITURE
Will oav bet nrlces
Star Furniture CoJS064
204 Fin st
Owl Furniture Co.
NEAR
MORRtarW
We want your used furniture, stoves, carpets
end pianos; we pay tbe highest cash price.
166 and 168 1st st Call Main 4627.
CALL MAIN 8951
Tf you want to sell your furniture and not iv
it away. Ask for Mr. Wolf. 191 2d st near
tayior.
WANTED Tour furniture to repair. refinLih
and upholster. Will call for and deliver. Call
Tabor 4927. C. W. Campbell. 4804 65th at
WIG HTM A N-J OHN SON FURNITURE CO.
88-90 Oread ave. East 7766.
Highest prices paid for used furniture, ear
peta. stoves, ranges, ete. We can promptly.
if ASB-fl Pld for furniture, stoves, ranges.
JU U carpets, rugs, dresses, ete Phone
Mar. 2676. Hsrtsell Furniture Co.. 841 1st t
I AM tn the market for furniture from private
partis only. 409 H Jackson st'
qALL MAIN 2117.
BEST prices for used furniture. Main 8878.
United Furnitun Co.. 173 1st st
SWAPS
1$
VICTROLA type cabinet phonograph. $80: old
violin. $50; Edison standard phonograph and
records, $8; guitar and case. $12; small A. C.
motor. $8; 5x7 view camera. $35. Want en-
amel bedroom furniture f
Marshall 686.
593
Jefferson st
FOR SALE OF TRADE One Holsteln heifer
calf for R. L red pullets. 630 E. Richmond
St.. St. Johns. E. C. Berry.
SELL or trade typewriter, windshield, auto clock.
Huntley carpet sweeper. Studtbaker bug.
East 112.
HOLE gas stove and oven; trade for furni
ture. Mrs. Holderman. box 94. i route 1.
Carlton, Or.
OLD STYLE Reo truck, in city, good order, for
anything or value. Will make trailer or
wood caw. $100. L-470. Journal.
SWAP
WURLITZER automatic harp for lady's or
gent s diamond ring or Pin. 636 Tnnrman st
WANT .22 ColU automatio pistol with 10
inch barrel: will trade sewing machine or
pay cash. D. L. DeMent Mar. .721, Monday.
SALE or trade 2 Rhode Island Red cockerels.
What have you? Box 43. Oak Grove.
DIAMONDS for piano. Diamonds for auto.
D-673. Journal.
TO TBADE House and lot In Medford. Or., for
a car. Tabor 7755.
WILL TRADE late model automobile for horses.
cows or anything I can use. Phone Sell. 717.
$500 WORTH stock for clear city lot
209
Abington bldg.
NEW ZEALAND Red doe and double hut for
young laying hens. Call Tabor 8154.
WANTED MISCELLANEOUS
$12.50 to $25
FOR SECOND-HAND
SUITS OR OVERCOATS
MEYER; THE TAILOR
Pays more for clothing and shoes. We call day
evening, anywhere in the city. Call Mar
shall 1229 or 253 Madison st, near Third st
1 WANT USED CLOTHING
We pay from $10 up for men's
used suite. I also pay full value
for all kinds of other clothing,
Call us and be convinced. 167
First nesr Morrison. Msin 738
GOLDBAUM. the Tailor.
WANTED People of Portland to know that 1
pay the highest cash prices for second hand
household good No amount too Urge or tow
ua, Prompt attention.
N. M. HEATER
Ph" East 2208. 148 RtteseTl t-
GOINO East or South! Household goods shipped
ax reaueea sates :. moving and packing
PACIFIC COAST FORWARDING , m
40$ Hoyt t Broadway 70S.
War Stamps Bought
LD3ERTY-VICTORY BONDS SPOT CASH
American Brokerage, zoo Morgan bldg., 2d fir.
WASTED 7i -h. p. motor. lllTolt7irC
single phase. X. M. Vsn Rossum. 95 Skid-
more, west
WANT to buy 16 sacks of pure stock "Earliest
ot All" d potatoes : small uniform liza.
4210 63th st 8. E. Tsbor 8977.
WANTED To rent a roll top desk for use in
i-oruamj; mignt buy u price is right Tabor
7078.
WANTED Sewing machine; must be tn good
eoiKUOoa: about 810. Call or write. 1469
E. Everett
WANTED by private party, some household
roods from neoDla Lea vine eilv. Kn Hl.n
B-497. Journal.
WANTED To rent . duck lakai 829 Oak st
Bdwy. 2918.
WANTED Rifle, shotguns, ci meres, lei
Hoebfield, 66 3d t Phone Main 858H
WANTED Few milch goats: state breed, price
and particulars. tc 1.-4S.1, Journal.
WANTED Full dress suit, six 44. Tabor
254$.
8TI"MP PULLER wanted, horsepower preferred.
Kir ten. 916 So. Willamette. St Johns. Or.
EOWBOAT or skill; will pay eaah. ' Belt 263.
WANTED MIWCELL AH EOPB
s
" -- -We pay what "' J "
your diamond ax worth.
Spot cash any amount
Private office. Bosinea confidential
Licensed by the city of Portland.
American Brokerage
205 MORGAN BLDG.. SECOND FLOOR
PERSONAL
ft
GF.T WELL
FREE FREE FREE
Every day from 10 a m. to 4 p. m. and ev
enings on Monday. : Wednesday and Friday, irons
7 to 9 and Sundays from 10 to 12.
THOUSANDS OF SUFFERERS) WHO
HATE FAILED
to get relief in any other way are Invited to
investigate Chiropractic methods, which are per
manently curing hundreds every dsy.
THE BEST OF CHIROPRACTIC
DIAGNOSTICIANS
wtll thoroughly examine you. make a complete
diagnosis of your case and direct your treat
ments WITHOUT ANT COST TO YOU
WHATEVER
CHIROPRACTIC is the safe. sane, lure, and
modern science of curing and preventing disease.
CHIROPRACTIC wtfl permanently cure 96
per cent of all disease.
CHIROPRACTIC removes the cause health
return.
Th above service is all free to you at the
college building and may be bad in private if
desired.
PRIVATE TREATMENTS may also be had
in college building by members of the faculty,
by either lady or men practitioners.
PACIFIC CHIROPRACTIC COLLEGE.
Corner of Park and Yamhill.
Tel. Main 1014.
HOSPITAL
in connection with college. Will handle out of
town patients at a most reasonable rate in
order to show what Chiropractic can do. Ad
dress all communications to
DR. O. W. ELLIOTT,
President
IMPERFECTIONS
Man haa more "imperfections" '
Than any made machine:
For he keeps machines in order
Whenever -faults are seen.
He's blind to all his personal faults
That he might analyze;
For a man to know his weakest point
Would make him much more wise.
The world needs mental mechanics
Who know the parts in life;
To make mankind more durable;
Where friction causes strife.
Some merchants claim our weakness
Is in saving you much more
On any SUIT. COAT. DRESS and HAT
At the PETERSON UPSTAIRS STORE.
Second Floor, Pittock Block.
100 CHIROPRACTIC SYSTEM
Dr. McMahon, Macleay bldg., Portland, Or., a
past-amateur, a chiropractor of wide experi
ence, a 100 per cent chiropractic specialist.
with highest testimonials from patients from
Eastern states familiar with best adjust
ments; .also from Western and local qgtienta
bavmg unfortunately bad lesa than luu per cent
chiropractic elsewhere, with, of course, corres
ponding disappointments in delayed relief. Men
and women are fully satisfied with my 100
chiropractic philosophy, experience and superior
skill demonstrated in consultations, examinations.
adjustments, rates and, finally, results. Tenth
year in this city. Phone, call or write. 31
treat" $15.
4th-AND WASHINGTON
NEW HOME. 647 E. SALMON ST.
PYORRHEA CAN BE CU RED ! happened
to see vour ad in the morning Paper. It
seemed to have the ring of truth in it, and I
came up to see if my case could be cured."
"Even though I had been advised to the
contrary by many dentist', I was always looking
for a cur and certainly my time has not been
wasted.
"From what I had been told I presumed
that if anv cure existed it would be a long,
painful, expensive proceedure, but to my surprise
I have suffered no inconvenience and very little
pain
This is the experience of many of our patients.
C. SMITH LONG. 310 Bush & Lane blag.
Main 6761.
Accomplished at Last
Painless dentistry absolutely performed by
the nerve blocking method, without alter eitects
let us prove it to you. We make X-ray ex
aminations of teeth when necessary, along with
other operations. We specialize in first das
dentistry at reasonable rees.
DR. A W. KEENE
DR. E. H. PREHN
Matestlc Theatre bldg., 351 H Washington St
c
BOOT AND HERB REMEDIES
162 FIRST ST.
PORTLAND. OB.
False Teeth Bought
We pay up to $25 per plate; old timers are
most valuable; no matter if broken; crown,
bridgework. dental gold bought Bring or maiL
Mail order receive prompt attention. (Licensed.)
THE AMERICAN BROKERAGE
205 Morgan bldg.. 2d floor
WE WISH to hear from lady interested in Ut
erarv work. Send us story, article or poem.
typed or hand written. If acceptable we pay
i,,Ki. ia n-'. v,
2S5mlirS: ',?, D C
g23- " "". c-
mn cash: if appointed on staff will pay salary.
at Magazine, imsk
GLASSES AT A SAVING
I solicit your patronage on th
nasi of car ble services Thousands
of . satisfied patrons, uhariea w.
Goodman, optometrist, 209 Morrison st
NO PROFITEERING ON GLASSES
Dr. George Rubenstein, the veteran optician.
makes the best eyeglassea at very reasonable
prices. Toric and Kryptoc. also the cheaper
grades. 226 Mnrrion st Msin 291.
ANY person knowing the present address of
Edgar Johnson, or JCu norquist. occupauon.
lumber pUer, will be rewarded by addressing
P. O. Box 88. Portland, Or.
MRS. OBROCK. 262 Broadway W., will be
fflad to meet old customers as well as new.
Make note of this, as it will not be in print
again.
OPERATIVES Experience unnecessary. We
instruct you. Travel. Make secret Investiga
tions. Salaries, expenses. Hartley Detective
Agency. St Joseph, M
TOURIST Wanted, a congenial gentleman com
panion to take a transconunental tour with
me in my t rans no sedan. upensea oiviaea
equally. G-878, Journal,
WANTED COMPOSERS of VERSE or MUSIC
to write me at once. Brilliant opportunity
for good talent Address Burrell Van Buren,
A 2 Grand Opera House, ( hicsgo. 111.
War Stamps Bought
Liberty-Victory Bonds. 8pot cash.
American Brokerage. 205 Morgan bldg., 2d fir.
CHRONIC and nervous diseases a specialty; new
methods. Dr. J. W. Batdorf. drugleas physician,
304 Dekum bldg. Main 1160. Tbia ad. good
for free examination.
COME in and get Doth your reet nxee up good
for $1 by Dr. Eaton, the CHIROPODIST that
desn't hurt you; 5 yrs. in Portlsnd; examination
free Glob. Theatre bldg . 1 1th-Wash. Bdy. 2824.
Liberty-Victory Bonds. Spot cash.'
American Brokerage. 205 Morgan bldg.. 2d fir.
8UPERFLCOC8 hair, moles, warts, removed by
10 needles method; trial free. Josie Finley.
614 Bush & Lane bldg. Main 6368.
OPALINE Mrs Summers' remedies, diseases of
women, positive relief. 246 Lincoln. Main
9470.
DR. SACRY treata corns Ingrown nails and
chilblains: pedicuring and manicuring. 603-4
827 Washington st. Marshall 3876.
MYRTLE CLARK'S manicuring parlor, face and
scalp treatment 733 Morgan bldg. Marshal
2686.
BODY, face and scalp massage; nervous cases
specialty. Dr. Ovidia La men, 427 Morgan
bldg. Main 1999; .
PBIMEDA BALM" formerly called Balm of
Figs, for diseases of women. 844 E. 33d
st Seu. 2213. Phone mornings.
GOITRE, enlarged glands, people cure them
selves permanently. A. B Strachaa. Hill-
bf ro. Or, Route 5.
HAIRCl'TTINC; 35c: expert work; children
specialty. 318 Macleay bldg.. 6th st Wsh.
WANT to adopt a baby girl; have clothes and
au means or supporting. jail laoor oaao.
I ConsuTtatioa FREE. All ease.
LrWyer S12 Selling bldg. Main 4993.
DRWTLKIN80N removes corns la 8 minutaa,
Uxap tn. 81$ Flanders st. near 6th. .
LADY BARBER, shave 20c: haircut. 85e; face
massaae. 85c 253 Everett and 8d.
LAWYER. $35 for case not contested. Marshall
2633.
WANT to adopt baby girl, 1 or 2 years; refer
ences. Woodlawn 6799.
B, a A CAFETERLS. zoz hi M roadway, near
Taylor: home cooking; beat quality.
ZJtl) y B A R B ERS. roav tuo: haircut 85c; face
massage ooe. zs liverets ano era.
NOTICES
0$
NOTICE AH storage accounts S month pas
due. If not paid by February 18. 1920.
good will be gold for storage chart e.
PL O. PICK TRANSFER A 8TORAQB CO.
HAVING sold the A core Fby.. I as sot n
sDoaaibte for any goods Wier4 to said
store. T. W.
PROFESSIONAL" 1 H
BOSIKESS'BIRECTORY
AMIRS StSsaIBS:
LEWIS STENGER Barber Supply Co.. 10 th
and Morrison, ata. The place to buy barbers'
ehaiii and supplies. Stock of toxsiture always
on hand at right prices, i
LANK SOOK MAXIMS
DAVIS Jt HOLM AN. INC. 109 2d St. bias
book Basutfaeturera. A-S18S. Mais 1S.
BOOKS
NEW AND USED BOOKS, ALL ' SUBJECTS
JOHNSON'S BOOK STORE.
248 Main st bet 2d snd 3d.
OARSKT OLIARIStsi
Carpet Cleaning
Sizing and Refitting
Fluff and Rag Rugs
WOVEN ALL SIZES
WRITE OB CALL
PORTLAND BUG CO.
1672 E. 17th st Automatic 213-24
We Make Fluff Rugs
From Your Old Carpets
Rag ruga, all size. Mail orders prompt
Bugs and carpets steam and dry cleaned. Phone
or write for price list
Northwest Rug Co.
188 E. Eighth st East 3580.
Fluff Rugs From Old
Carpets
Bag Bugs, an sixes Mail Orders Prompt.
Send for Booklet
Sxl2 Rucs,-8tesm or Dry Cleaned. $1.50.
FLUFF BUG CO.
64-68 Union ave. N Eaat 6516. B-1475.
OEttUtOtD BUTTONS
THE IRWIN-HODSON COMPANY.
$87 Washington. Broadway 4$4. A-12S4.
CHIROPRACTORS
DR. W. L. HOLLOWAY. 705 Dekum bldg.
Phone Msin 4133. Chronic disesses of women
treated by dragless methods. (Licensed chiro
practor. )
DR. LAURA E. DOWNING. 1003-4-6 Broad
way bldg. Chiropractic, steam baths and
massage. Phone Marshall 8187.
DR McMAHON. 100 per cent adjustments, ess.
ily. carefully, permanent; 81 treats., 815. Phooa
DR. AUGUSTA CLESSE,
dan, 501 Dekum tfldg.
chiropractor phy&l-
DR AUGI'STA CLESSE. chiropractic physi
cisn. 501 Dekum bMg.
CHIROWOOIVT
DR. KIMMELL. chiropodist. 207 Allsky bldg..
8d and Morrison. Sundays, 10 to 1.
COAL AND WOOD
WE SELL IN LARGE OR SMALL QUANTITY
Heavy Country Slab, Oak and Cordwood '
Star Wood & Coal Co.
848 $d st Main 6012.
Dry Wreckage Wood
Sawed tn order: cord wood anil coal
MODEL FUEL CO.. EAST 0188
BOXWOOD
Delivered Immediately by Fulton Wood Co.
1261 Macadsm. Phone Main 4173.
Box woodS Sab wood
Multnomah Fuel Co. Mam 6540 A-2116.
DRY SLAB 4 FT OR SAWED Slab and
block mixed, partly dry. awed. SneciaJ nrle
rn two lod tot- Nsrlnnsl Fnel Cn.. Eat2041
OREGON FUEL CO.. WOODLAWN 4102
Furnace wood, block and mixed. $5.75.
16-INCH old erowth best fir block wood. Phcn
MllwsnWe 91.
HEAVY slab. $4.25 cord. Foot of Everett t
For information call Woodlawn 2578.
SOUND, first growth dry eordwood. 87.--50 per
load: best wood in town. Phone Main 3323.
OOLLEOTIONS
NETH A CO.. Worcester bldg. Main 1796.
No collections, no charge. Ettab. 1900.
OOO AND OAT HOSPITAL
ROSE CITY VETERINARY HOSPITAL, 415
E. 7th st, cor. Grant East 1847. B 1962.
EDUCATIONAL
COMPLETE course in traffic msnaging.
Inter
nation
for $10.
national CorreMHwidence School. Cost S88.
Tsbor 717.
NATIVE of Paris will teach French or translate
letters: afternoons or evening private or
classes: reasonable fee. 805 E. 12th St.. City.
WANTED Pupils to coach in grammar school
subjects or Latin. Phone E. 1814.
DANOIN0)
HTNGLEBS DANCING ACADEMY
Tf you went to dance or learn to dance, trhy
not go to the largest and best school in th city
where th advantages are greater? You meet
more good dancers and can practice with many
different expert professional teachers. Separate
ball for beginners and backward pupils. Our
business is dancing. W know how. Informal!
every evening. Ladles. $8; gents, $3.
14th at Washington. Broadwsy 8380. A-8831
THE Dance Studio, 609 Dek-nm bids.. Washing?
ton at 8L Strictly private lessona. nan bonr
or hour- Jessona. Course lesson specially priced
Daily. :0 a. m. to 9 p. m. Mia Ireland.
LEARN to ds nee where all lessons' are private.
12 loseon $5. 4 leons 82. 604 Eiler blda..
bet 4th and 6th. on Wah. st Main 5004.
MRS. STTfMER-S Berkeley dancing academy.
129 4th. Lessons day, eve,: class Thura
uoies tz.ov. gents so. Main 8818.
MUSIO SOHOOtS AND TEACHERS
VIOLIN, piano, sll stringed Instruments taught
vocal coaching.
KOL KENBECK.
406 Ysmbill.
ABTISTIC and thorough instruction on violin
' iui veamaei. uu aavanceu students. Wood
Is wn 2493.
L. CARROLL DAT. vocal and piano letwons,
practice 1 hour day. $5 mo. Bdwav. 2B6S.
OREGON Conservatory (school) of Music, en-
naimc mu 7i m si. cor. oi Morrison.
PROF. T. E. LAWSOad-years1 experience"
Piano lessons at your home. 75c. Tabor 7206.
FISH DISTRIBUTORS
ALASKA HERRING A IMPORTING CO.. 6i-
tnouiors oi salted ana smoked fish. 221
Ysmhill st, Portland. Or.
OPTOMETRIST
jayasw EYES SCIENTIFICALLY TESTED
7y- with modern instrumentsv G Iihm
4rCkN fitted from $2.60 up.
A. E. HTJRWrrZ. Optometrist 228 First st
PATENT ATTORNEY
. tlA t recently associated with us 3 exaroin
era from the C. S. patent office. Mason Fen
wick A Lawrence, lawyers. 800 F st. Wssh
lngton. D. C; 220 Broadway. N. Y City 111
West Monro, st, Chicago, DJ. Established' over
half century.
GOLDBERG. 620 Worcester bldT Main 252$'
PAINTINQ, TINTINO), PAPERM Aj0NO
PAINTING, psper hanging and tinting; winter
prices now on. Phone East 1081 after 6
p. at
PAINTING and tinting. I guarantee all wort
Tabor 2861.
B- CT.IFTOJI. painting. Hnting. papering. 164
N. 17th st Bdwy. 4414 Wdln. 2126
PHYSI0IANS
DH. B. A PHILLIPS. Broadway bldg. Bheu-
roausm. nomacn. Dowel, lung, liver, kidney
bladder, rectal, prostatic, female disorders, skis
affection, high blood pressure
PtUIWBINQ ANO? STEAM 8Urrt!CS
V 'XJl 1 NJi . JZpJKi- WHOLESALl
SrPPLIES.
riwE,r. sisaa-iistis w., 213 8D ST.
THE M 1. KLINE CO, a.S-87-8 Front
PRINTING, ENQRA VINO. DINDINO
Primlrinor""- w . bastes a cd.. i.
and Oak st. Main 166. 611-63.
STOVE REPAIRING
WHEN moving, let McCann more and connect
your range! and water heaters; expert stove
repairing. Tabor 2807.
' STORAGE
CUT-PRICE fstorsge, packing, etc"
Edwards
Furniture Co.
Mala 1927. A-2826. Store
5 th and Oak.
TINNERS
JACOB LOSLT
Tin. SbeeUroB and Boot Work
10 1st st Phone Msla 1434
Oregon Transfer Co.
Established 1879
Transfer and Forwarding Ageata
STORAGE FBEE TKACKAUS
Office and Stores. 474 Glian,
l$th aad OUaan. Broadway 1281. A-11 69.
ALWAYS PICK THE BEST HOUSEHOLD
GOODS SPECIALIST 8 to raw. p 'g,
shipping and moving. Horse nasi sate aa
Special rates to all pofnta.
O. O. PICK TRANSFER 8TORAOB OO.
td and Ptaev Broadway 6B6. A-l.
HJVEHYIKW Auto Transfer will move ro their
new location, 247 Taylor St., the first of
February. Ws do moving and hauling of all
kinds: special rate on storage, first SO days;
steam beat. PVs Main btOS.
SECURITY STOBACB aV TBaWsFTB 06.'
10$ Pass at,
stabs $18$ A.l.t.
MARKET .IN
STOCKS TAKE BIG
E;
Sterling Exchange Weak and
Marks Drop to Another New
Low Level of 1.27 Cents.
By Broadan Wall . ,
New Tork, Jan. 24. With the ex
ception ot the motor shares the stock
market was strong today. The
strength was caused chiefly by an
nouncement of the trebling of com
mon stock of the Crucible Steel
company. Crucible advanced 11
points and there was a great scur
rying of shorts to cover in other
steel shares. Strength of the mar
ket seemed to be chiefly in the di
rection where It wras known a short
interest existed, as for instance, in
Baldwin, Mexican Petroleum and
Republic Steel. In the motors weak
ness was general until just at the
close, when they rallied.
Sterling exchange was weak again,
and marks went to another new low
level of 1.27c. Neutral exchanges abroad
were weak. Lire also made a new low
at J4.27.
WEAKNESS JfOT SIGNIFICANT
The market in Motor stocks was riot
broad enough today to make weakness
mean anything. But sentiment has
turned against the auto stocks because
of the large capital increase of General
Motors. Even friends of the company
feel that there will be difficulty in
maintaining the price of the entire new
issue at the level enjoyed by the present
issue. This is so partly because the
cost of brokerage in manipulation -will
be greatly increased and because it is
felt that the auto industry is at - the
peak wave of prosperity. There is no
doubt about the future of the business.
But prices are so high and the income
taxes are so galling that people are be
ginning to hesitate, especially about the
purchase of passenger cars. The big
business of the Motor companies for the
next few years will be in trucks and
farm tractors.
There is the work of a boom revival
in oil stocks which collapsed In many
loud explosions. The public has been
overfed with these alleged securities,
and is beginning to differentiate be
tween oil companies and oil stock com
panies. When it is considered that in
the last year the capitalization- of the
new companies has equaled the entire
capitalization of the industry as it was
on record a year ago, it is time for the
public to be careful.
IRON PRODUCTS STRONG
Iron products was a strong feature,
the stock advancing four points. This
company Is a manufacturer of soil pipes
and basic iron products for building and
sewage purposes. It is months, behind
orders and is working at full capacity.
There has been talk of a combination
with the United States Cast Iron Pipe
company.
United Retail Stores aavancea more
than two points and held the g$.1n. To
bacco products advanced on very ngni
transactions. It is understood etie in
terests of these companies is taking a
very optimistic point of view regarding
the stock market, believing ffiat the de
cline has discounted the bad news that
is coming out
FOREIGN EXCHANGE RATES
Corrected daily by foreign department of the
rnitH Ht.tM tir.nal bank.
Foreign exchange continued to drop today
and new low recoras were maae in iiaiiau ure.
Lire checks ssgged to 14.27, but later rallied.
Sterling, after opening at $3,611. rose to
$3.62.
Opening nominal rates for bank transactions:
London Pounds
Draft Cable Par
cheques. transfers. rstes.
.teelln 8.62 W. 3,3 4.86.65
P.rl. Francs ...12.04 12.02 5.18.26
Hamburg Berlin
Marks 1 30 1.32 23.82
Genoa Lire 14 15 14.13 5.18.26
Copenhagen
Kroner 16.70 18.80 26.80
Chris tiania
Kroner 18.60 18.60 26.80
Stockholm
Kroner 20.25 20.35 26.80
Hongkong Local
currency 93.00 95.60
Yokohama Yen ..49.50 49.60 48.84
LIBERTY BOND SALES
4-
Open. High.
Low.
9888
9168
9060
9200
8082
9310
9106
9832
9830
Close.
Liberty. 3Ha 988 8t6
Liberty. 1st 4a... 9172 91J6
Liberty. 2d 4s..... 9060 9070
Liberty. Ist4tt.. 9200 9234
9890
9168
9064
9210
9002
9336
9126
9834
9836
Liberty. 2d 41.. wu
Liberty, 3d 4 a. 9312 9340
Liberty. 4th 414a. 9114 9128
Victory. 4s 9940 9840
Victory. 3s 9840 9M4 0
PACIFIC COAST BASK STATEMENT
Portland Banks
This week.
.$ 6.890.231 95
4.708.452.52
. 5.260.261.81
. r 6.433.304.10
. 4. 927. 120.59
. 4.559,060.45
Clearing
Yesr Ago.
$ 5.857.319 80
4.641.799 68
4.525,903.04
5.042.202.07
8.016. 496. 09
3,773.931.43
Monday . .
Tuesday . .
Wednesday
Thursday .
Friday
Saturday .
Week . .
.$31,078,430.92 $26,857,922.11
Seattle Bank
Clesrings Ssrordsy $
Balancea Saturday . .. . i-'''-"'"v
Tacoma Banks
Clearings Ssturdsy $ 'J"'0,0.
Balancea Saturday 294.485.00
Spokane Banks
Clearing. Saturday $ 2.202 ,620 00
Balancea Saturday V 817.068.00
San Franolsoo Bank
Clearing Saturday 828.950,021.26
tos Anoete Bank
Clearing. Saturday $ 9,964,399.00
Is $ got f Peter PsrkkM mm how
he aewmnlatetd $10,000 In tea y Mrs by
laivwMiar 16 pew axsewth la hierb-arrevs
Beted rtubt avwd b stove s4.
eettlaar AMeu" as aw tateroerlBst a
Kytsstas' rt orew read. TBovsaaaMla
e read la and are avow "ewtMng
eased" fiaawelaUr a the same ptaj.
Ti i i ti i 1 m lira) a. Sal swsi saw, was
IXRIEBEIi&CO.
IstVaVrmtslT aVAMBBB
1 S3B SersJtal I SAHw SC fh rmj
General Insurance
BONDS
McCargar. Bates & Lively
Yearn Building Main 1M. A-2694
SCRAMBLE
I0W MIS
MAIN IS STRONG .K"-
$togeMajt
Furnished by' Overbeck t Cook Co.
New York. Much general talk in
street after close Saturday to Indicate
that although Etraln in money has; not
been relaxed and that it was absolutely
necessary that banks shou!d increase-
discount rate the situation is stronger
than thOHO not thoroughly informed can
comprehend. Representatives of bank
ing interests made allusion to complete
cleaning out of stocks carried by im
portant commiebion houses.
Recommendation made to Pan-American
concress that proposed relief for
Europe from United States be furnished
through medium of loans to South and
Central American countries.
Dunn & Co. reports 112 commercial
failures in United States this week
against 150 last week and 136 last year.
Furnished by llerrin A Rhodes. Inc.
Excess of United States exports over
imports in 1919 totalled $4,017,000,000.
new high record.
Dun's review says elements that have
long been conspicuous in business sit
uation are still sharply reflected in per
sistent strength of many commodities
markets evidenced by continued prepon
derance of advances over recessions in
a comprehensive list of wholesale quo
tations.
Bankers' conference in Chicago rec
ommends that no rate In excess of 2V
per cent be paid on daily balance.
New York, Jan. 24. While it seems
to be generally admitted In speculative
circles that the January rise was blocked
by high money rates and scarcity of
funds, there Is a strong feeling In specu
lative Investment channels that the se
curity markets have to a great extent
discounted existing money conditions,
especially as regards Wall streeL
This sentiment is strongly support
ed by a statement that brokerage loans
are down 40 to 50 per cent from the high
level and liquidation seems to be largely
completed in the Industrials which
shows signs of overselling by the short
interest.
It is freely admitted that vulnerable
accounts remain but they are gradually
being strengthened, according to well
informed quarters. The main consider
ation seems to be directed now to the
point whether or not the loan readjust'
nient and commodity liquidation deemed
essential on account of the bank restrlc
tions will force selling of securities by
outsiders In order to protect their busi
ness committments. This has been done
to some extent with peace ireaty ratifl
cations out of the way and the railroads
properly taken care of, it Is certain that
much of the instability of the general
situation would be removed. Failure
of the drastic advance in money rates
to at once break the market is known
to reflect a Bold out condition and be
a warning to the bear element to reduce
Its short committments even if offer
ings continue light. This sentiment is
expected to make for rallying tenden
cies. Best Mediums in United States
London. Jan. 24. (I. N. S.) Spirits
are handicapped by the weather. That's
the latest bit of information from that
wide class of experimentators who have
been making spiritualism a topic of
dally discussion in England. "That is
why all the best mediums of the direct
voice come from America." one promi
nent spiritualist explains. "A heavy
foggy day Is almost fatal ; a clear.
frosty day is best."
For students a dummy typewriter has
been invented, having a regulation key
board but not doing any writing,
printed lesson strips passing ' through
the rollers.
Net Quick Assets
of $235 Per Share
The net quick assets of the Zellerbach Paper Company
on October 31, 1919, after giving effect to present
financing, amounted to $5,692,255 equivalent to $230
per share of Preferred Stock.
This is one strong indication of the investment value of
$2,500,000
Zellerbach Paper Company
7 Cumulative Preferred Stock
Price 100 and Accrued Dividend
Other indications are found in the following facts :
Annual Net Earnings after payment of Federal taxes
averaged for past years $33 per share, or nearly
5 times dividend requirements.
Total Net Assets on October 31, 1919, amounted to -$3&4
per share of Preferred Stock.
We offer and recommend this "security. Par value of
shares is $100. An annual sinking fund, commencing
February 1, 1921, amounting to not less than $166,500,
will be used ta retire stock. Dividends are exempt
from Federal Normal Income Tax.
Application will be made for listing upon the San
Francisco Stock and Bond Exchange.
Blyth, Witter & Co
United States Government Municipal and Corporation Bond
YE0N BUILDING
PORTLAND
San Francisco New York Los Ang ele$
Telephone .Main 3304
Seattle
Arthur Berridge & Comply
Certified Public Accountant and Auditor
Income Tax Specialist and Adviter
619 Worcester Block. Main 8621
Your books tell some story of your business, either tr
or false.
If true let us Terify It If false let us rectify If
Let as solve your income tax problem
CONSULTATION FREE
DON
T ENCOURAGE
SPECULATION, IS
Bankers Are Told to BeCarefuT
to Whom and for What Purpose
They Lend Their Call Money.
The federal reserve board again
has warned bankers, an it did la.st
November and December, that they
must not extend credit in ways that '
encourage speculation in securities,
commodities or realty.
It Is said that while speculation Iri
Wall street has not been excessive re
cently and while brokers' borrowings
have, (n fact, been materially reduced,
money Is dear because speculation is
still rampant in real entate. cotton, wool,
oil and the like. There is good reason
for the warning given by Governor
Harding. From an article In the Journal
of Commerce by A. B. Hepburn the following-
is quoted ;
"Could the government place temportry eer
tificatee tn the hsnks to Set inuny to luan to
EunnteT Certainly not The banks exist to
serve the commercial Intrresls of Mm rountry
and they have hard work to render such service
at the present time. Witness the high rates
which obtain for mmiey. The banks are now
loaded to the gunwale with government obliga
tions. Would congress authorise a bond issue to
obtain money to loan to F.urupr? And If they
did would Uie people come forward and subscribe
to the honds? The people are st-lllng their pres-
ent holdings of bonds st the rnte of' fifteen to '
thirty millions per (lay. In Wall street, to get
funds to invest in wlist they think aill isy thsm
better. t'nwlse ipeculsUim UHwtJy and likely, to
bring them loss, hut the psychology of prop!.
niUAt be reckoned with, aud what they now want
is something that promises great reward.
"The borrowings of the goternmrnt, th high
price of everything, the rrau to go ahead and
do things wiUi a rush regardless of cost
have subjected credit to a very great strain: it
is under a very great strsin sll over the country
st the present time. Think what the railroads
will require to put thcra In condition w8en the
government restores them U) their owners; think
of tlie additional financing of so many corpora
tions; think that three billions of new aeVurtUe
were offered to Uie public during the first eleven
months of lest year. If a study of these ques
tions does not tench ronservaXUm it Is difficult
to determine what kind of a warning would be
effective.
.Undoubtedly the policy of the federal
reserve board will be to hold rates high
and to prevtnt the loaning of funds for
any but legitimate! buNlness purposes.
They will try to restrict credit without
curtailing Industry.
The federal farm loan board Is at
tempting to keep down unwarranted
speculation in farm lands by refusing
to compete with private loaning agencies
and by declining to loan more than $100
per acre even where land is selling from
$250 to $400 an acre.
Athena Sate Bank
To Have New Home
Athena. Jan. 24. Plans for the con
struction of a new home for the Athena
Htate bank have been completed by Ray
mond W. Hatch, a Pendleton architect,
and contracts will bet let at an early
date. The building will be 30 by 70
feet in dimensions and one story in
height. It will be of hollow tile con
struction and w-lll cost approximately
$16,000. Tbe Athena State bank recent
ly opened for business In a temporary
structure and Is the newest flnano'al
institution in Umatilla county.
BOARD S UING