THE OREGON DAILY, JOURNAL, PORTLAND, MONDAY, . JUNE 21, 1920.
ISO REGARDED
OUT OF POLITICS,
' SAYS LAWRENCE
Br David Lawrence -V
.(Copyright 1920.)
Seattle. June 21. Three thousand
miles away from the political mael
stroms of the East, the newspapers
published in full the special inter
view "given by President Wilson to
the New York EWorld, the fulsome
praise riven Senator Harding; by for
mer President Tart, the unequivocal
support given : the Republican nom
inee and 'platform bjr Herbert
Hoover, and at the same time dis
patches describing- the ominous
silence of Hiram Johnson and the
mysterious refusal by William Gibbs
McAdoo to be a ' candidate for, the
Democratic nomination. "
All this came upon Western folks like
a torrent out o4ae sky, so here where
they think without - fan cor . and vote
without boss rule, a cross section of
opinion Is especially significant.
LEAGUE TAfcfc JFCTILE
President Wilson's interview created
hardly a ripple. The President is so
generally considered out of the political
game that his vehement expressions
about tle Republican national conven
tion passed without much comment.
Far from considering -the Republican
convention to have been Scientifically
Prussian," as Wilson describes it, the
people here rather got the Impression
that the Republican convention was un
scientifically American and simply a
typical example of what happens when
988 delegates are confined to a single
room with sweltering temperatures and
a confusing primary system. They
wouldn't be a bit surprised if the Demo
cratic convention wallows around in an
Kjually unscientlfio mass meeting.,-
But the president fails to register ef
fectively hereabouts when he talks about
the League of Nations for the simple
reason that the people are not blindly
following his leadership any more but
lake their cues from men like Hoover
and Taft. If these two men say the Re
publican platform means America's en
trance into the League of Nations event
ually and if these men say Harding is
alt right on the league issue, that's
enough for the majority of the Republi
can voters and for a . good many Inde
pendents, too. The League of Nations as
an Issue has possibilities only when it
can be removed from the realm of com
MP) IH
iitiiiiiuilllilil!
illlUimUUliiUlUMIUMIlik
Comffidleirice
More , than 13,000 women and
22,000 men make up the list of
the owners of Swift & Company.
. Every state in the Union is
represented
;. Of this great enrollment more
than 10,000 are employes of
Swift & Company who own shares
in the business. .
An additional 13,000 employes
are buying shares on deferred
payments.
These men and - women have
confidence in the company's, poli
cies, its integrity and purposes.
That is "why they invest their
savings in shares.
.. Swift & Company has been
paying dividends regularly for 34
. years. The present rate is 8 per cent.
Swift & Company shares are
bought and sold on the Chicago
and Boston stock exchanges.
The company itself has no
shares for sale.
The shares represent actual,
tangible values. There is no water.
Anybody livestock man,
retailer, or coilsiimer may buy
them and thus become a part owner
of Swift & Company.
No one man, no one family,
owns as much as half of the stock.
This advertisement is for the purpose
of acquainting you with the fact . that
Swift & Company is not a "dosa cor
poration," and that ' any one may
participate in the profits; end share
the risks and responsibilities by
becoming a shareholder.
Swift & Company, U. S. A.
eta Street M uM, 283 QBaaa SU
Parkins Plant. North Portland.
Packioc Hoaae Market,
' ' (mm--
plex phraseology to the formulas of sim
ple every day understanding. So long as
it looked ea.it men. like Taft and Hoover
and ether Republicans would stick by the
Wilson guns in the League of Nations
fight,' there was a chance out here for
the Democratic viewpoint. But the .ac
cession of Taft and Hoover by Harding
ha& had a progressively Important effect.
QUESTION WILSOJPS ATTITUDE
Another thing ; they know something
In Seattle about "political prisoners' and
persons punished for expressing opinions.
And when Wilson says he doesn't know
of a single case In which anybody was
punished for expressing an opinion, the
ladicals here ask what Eugene Debs was
ptinlsbed for if not the expression of an
opinion in his famous speech to the jury?
They also ask what Victor Berger was
convicted for in Wisconsin. On the other
band, people who : think the kind of
opinions expressed by Debs and Berger
should be punished don't see why the
president hesitates to take full responsi
bility for the action of the department of
Justice in those cases. :r Wilson Ingratiates
himself therefor with neither radicals nor
conservatives. ;'.;
Incidentally, the Democratic conven
tion in King county has just contributed
an unconscious bit of humor to the situa
tion by voting to ask the national con
vention at San Francisco to include a
r.iankln the platform advocating the re
lease of political " prisoners," If the
president's expression In the New York
World was a subtle effort to catch the
radicals, it failed of effect in this hotbed
of radicalism. i
The creation of a third party at Chi
cago next month will, however, be care
fully watched. The political power in
this state is being sought by the triple
alliance, a combination of farmers, labor
and railroad brotherhoods. . This alliance
is affiliated with the Non-Partisan
league. William Gibbs McAdoo had
some chance of getting support from
these elements, but if he succeeds in
eliminating- himself as & candidate, no
other Democrat is " likely to get that
support, though a strenuous flirtation is
on between the Democrats and labor
radicals in this section.
WB.ITEBS SKEPTICAL
: People are inclined to take McAdoo
at his word in declining to be a candi
date, but newspaper men are a bit skep
tical. They scent strategy. They think
the former secretary of the treasury
really doesn't j want the nomination un
less ,he can get it by spontaneous offer
from the convention, but that - he, will
accept it gladly if it comes that way.
Realising the handicap which the father-in-law
argument may make, it is noted
that on practically the ame day that
President Wilson says publicly that he
has not lilted a finger to promote any
body's candidacy, the : son-in-law says
publicly that he will not permit : his
name to be considered. If the noml
nation does come to McAdoo, his friends
here believe he will have demonstrated
that reither he nor. his distinguished
relative in the White House dictated
the choice at, San Francisco.
iuuilitUtiMiuiHtniuiuMiuaiiuuiuiMiMtaiMmituiiuMUJiii
Co. 4th BVJ.
K.Poraae,Mcc
Orm. B. C
North Portland, Onsn
rm ""mm, imiiMnmimmimi
CAPTAIN PAYNE IS
NAMED HEAD OF THE
RECRUITING BRANCH
. Captain J. Howard Payne has been
appointed supervisor of the recruit
ing: service of the shipping board
for the Pacific coast j with headquar
ters In Seattle. The northern and
southern districts have been com
bined and Captain Payne will have
jurisdiction over the sea service bu
reaus and the sea training; bureaus
from San Diego to Puget Sound.
Prior to his appointment as supervisor
of coast stations Captain Payne was
assistant in " the northern district. His
new duties will require his attention at
the sea service bureaus at San Pedro,
San Francisco, Portland, , Astoria and
Seattle and sea training bureau at San
Francisco and Seattle.!
Payne announces that about August
5 the new 8800 ton steamship Holly
wood, now In course of construction at
San Pedro, will be -ready for delivery
and will be turned over jto the department
of sea training bureaus. The Holly
wood will carry general cargo between
San Francisco . and Honolulu in the
service of the Matson Navigation com
pany and will take 150 apprentices from
all coast stations. j -
On inspection of the local recruiting
office for the sea service bureau. Lieu
tenant Harold C. Jones, in' command,
Captain Payne paid a high tribute to the
efficiency of the local office and an
nounced that no changes were contem
plated and that the outlook in the re
cruiting service had never been better.
WEST IVAN CLEARS, LADEN
WITH BIG IitJMBER CARGO
.Carrying 4,073,537 Ifeet of -lumber,
valued at $152,757.65, the steamship West
Ivan . -cleared for Shanghai' and Darien
late Saturday night. The vessel was
dispatched by the Frank Waterhouse
company, Johnstone A S tatter, local
agents. The cargo was loaded by the
Pacific Export Lumber company. Of
the cargo on board the) West Ivan 2,838,
028 feet was cleared for Shanghai.
Valuation placed on this shipment was
S 106,426.06. The balance. 1,235,50ft feet
will , go : to Darien. i This consignment
.was valued at $46,831.59. The West Ivan'
sailed from Astoria this morning. ;
STEAMER HAXTROM ARRIVES
TO .TAKE GRAIN AND TIES
In the service of thej Columbia-Pacific
Shipping company the! steamship Hax
trom from Seattle arrived up last night
and began working cargo this morning.
She will take 3000. tons of grain and
about 1.500,000 feet of ties for the United
Kingdom. Three ports of discharge are
designated, Dunkirk, London and Glas
gow. In the efforts for the general dis
tribution of fuel on for toff shore ves
sels now : under way j by- the shipping
board, the Haxtrom discharged 6000 bar
rels In the tanks at Willbridge. On the
last voyage out of thej steamer Elkhorn
she supplied fuel from!' her tanks to the
steamers Hathaway and West Jester.
On the return voyage she got oil from
the Eurana at Kobe. i,
STEAMER IiEWISTOIT REPAIRS
FIGURED TO COST $19,000
Estimates for the
steamer : Lewfston '6f
fleet of the O-W.
repairs l ot 4 the
the Snake river
R. & N. V river
aivision at Rlparia are in and work
will begin the first week in July. The
estimate calls far the expenditure of
$19,000 and work willj be done by the
company under direction of Marine
Superintendent . Ralph Murphy. , The
Lewiaton and Spokane Sre used as trans
fer boats during the fail wheat period
and act as feeders for the rail Una
HARBOR TRIPS ARRANGED
FOR BENEFIT 0F SHRINERS
Under direction of Captain J. Speier
the steamers Lurllne and Joseph Kellogg
will make daily trios throne- tha har
bor, stopping' at municipal No. 4; for a
penoa oi au minutes, in order to , give
visiting nobles an opportunity to view
the Port of Portland frhm
marine basis. Captalri Speier. has ar-
rangea ror assistants to poinf out the
various enterprises on the front and give
some statistics on the Volume of wheat,
flour and lumber shipments of the port.
Alili ALONG THE WATERFRONT
The steamship Hose ! City, from San
Francisco with passengers and freight,
arrived up late last evening.
TVlA DtiamAr Mnltnniriah wrlV,
for the Parr, McCormick company. Is due
m mjuiu Htreei xuesaay afternoon.
The schooner Golden Shore finished
at the Inman Poulsen mill this after-
nnnn nnf will rla. In V. mn.ninfr en,.
has lumber for Australia.
Captain John Aiken of the Snake river
Summer Vacation Tickets
Tillamook County Beaches - J
' . Week Ehd Fare I4.S0 Season Fare - JS.So tr. ;
Garibaldi Beach Resorts. j
Proportionate round trip fires fo Neab-Kah-Nie, ;
Manzanita and. Bay Ocean. '
Newport (Ofretrons old farorite resort) . 1 ' ' !
. On Yaqviina Bay Lare Natatorium Ample Hotel'
accommodations and-camping facilities. ,
Crater Lake (Open jary ist)
One of tke natural wonders of the worldT A Lake ,
in the heart of an extinct yolcano.
A ; ... . . it . -
Other Attractive Outing Places
Detroit' -- --I '
" (Breitenbnsh Hot Sprint's MtT Jefferson Country)
MeCredie Hot Spring . . - ; . --. j
Josephine County Caves (Oregon's Marble Halls) -.--
Shasta Mountain Resorts
. - '.-i-r -. : - ' H.
"Oregon Outdoon"
New Sornroer booklet .contains general information : -on
the different Oregon Resorts; Summer Excursion f
- fares; Hotel and Camp .rates. :,. v,;.':,.,
Inqnire of local axent for further particalars. . . .
SOUTHERN PACIFIC LINES
JOHN M. SCOTT
i General Passenger Aeat
division of the O-W. R- N. is In Port
land for the Shrine week. t
Positions of "Vessels 5 :
Radio from North Head gives the po
sitions of the following vessels at 8 p.
nr. June Z0: ' , !
Everett, Everett for San Pedro, 19Q
miles south of Cape Flattery.
Lyman Stewart, Port San Luis for
Vancouver, 260 miles from Vancouver.
West Nomentum, Portland for Shang
hai, 122 miles west of Columbia river
light-
Ship Herrin, Portland for Avon, 171
miles from Portland. - ;
News ofthe Port
MARI2TE ALMA5AC ;
- ' Arrival June 0 . i ' '
Baxtnm, AmarSeaa atoamer, from Besttlei
earge la tcuuit. ! .-.
Arrival June Stf ' ' - I
' Oleum, American steamer, from Port San
tioia; 01L ..
' Departure June 20 .
Wt I van. Americas rteamer. for Orient; hnn
ber and atL .-!.--
W. r. Herrin. Americui steamer, for Gsviota;
ballart. ' -
Atlas, Americas steamer, for 8aa Framaieoo;
ballaet. 1
Tide at AJtoria Tueufay 1 .
Hish Water I Low Water
tlS a. m. 7.S feet f 11:49 a. m. 0.7 loot
6:11 p. m. 8.4 feet v, 1
DAILT RIVER READINGS
8 a. m.. Pacific Time I
, 5? .- a . .
STATIONS. r l Jg g
YVtntitchea ...... 40 81 .0 TO. 4 0.00
Lewis ten ....... 22 11.2 tO.6 ....
Umatilla ........ 25 18.1 0.1 ; 0.0O
Tne Dalle ...... . 40 23.6 0 0.0O
Eusece ......... 10 2.5 0.1 0.00
Albany ......... 20 2.7 -0.2 0.00
Boleu 20 l."4 -0.2 0.00
Oregon City 12 5.4 tO.O 0.00
Portland ... 15 V .7 Of 0.0O
(t) KiM. (-) Fall. i .
: RIVER FORECASTS
, The Willamette river at Portland will remain
nearly stationary Tuesday and Wednesday and
rivt alowly Thursday, reaching the flood stare of
1 9.0 feet Thursday. . . .
AT 1TEIGHBORI1TG" PORTS
Astoria. June 21. Sailed at 9 a. m.: Steam
i Atlas, for San Francisco. , .. i
1 San Francisco, June 20. Arrived it 1 a m. :
Steamer Daisy Freeman, from Portland: sailed at
1 a- m. : Steamers Klamath and Willamette, for
Portland. . j
: Eureka, June 20. Sailed at 8 a. m. : ! Steam
er City of Topeka, from San Franciico, for
Coos Bay and Portland. - 1
'" Astoria, June 20. Sailed at 2:80 a. m.:
Steamer Bantu, for England ; arrived at 4:40
and left up at 6 :30 a. m. : Steamer Haxtum.
from Seattle: sailed at 5:20 a. m.: 8teamer
West Nomentum, for China; sailed at fi :50 a.
m. : Steamer Daisy - Mathew for San 1 Pedro;
sailed at 1:50 p. m.: Steamer W. F. Herrin,
for Qaviota; sailed at 9 p. m. : StMuner West
Ivan, for Tokohama and Kobe. 1
Astoria, June 19. Sailed at 4:10 p. m. :
Schooner William H. Smith, for Sydney; sailed
at 4:60 p. m.; Steamer Halco, for San Pedro.
Seattle, June 21. X. N. S.) Arrived Arti
far, from Boston via Ban Francisco, 1 a. m. ;
Latouebe, from Southwestern Alsnks. 1:16 a. ia-
Sailed Mexico Mam. for Tokohama, via Tic
tcria, 10:15 a. m. ; Fulton, for Vancouver, at
7 a. m. : Prince Raoert, for Prince Rupert, 9:15
a. m.; Valdez. for Nome and St. Michaels, 11 a. m.
- Arrived 2 0 Ixion, from Vancouver and Co-r-oi,
at 6:15 a. m. ; M. S. Apex, from 1 South
eastern -Alaska, via Anaoortas. i7:15 a. m. :
Admiral Schley,' from San Diego, via San Fran
cisco, 6:15 p. m. ?
Cordova, June 20. Sailed Alameda, south
Pound, d p. m. . j
Jnneau, June 19. -Sailed Jefferson,, south
Tokohama, Juae 1 8. Sailed Wert Jester for
rtiisngnaf 1
Victoria, June 2 1. Arrived Empress of Asia
1 rem uencjconc. - j -
Vaseouver. Jane 21. Arrived Jf, 8j Dollar
from Vladivostok, L&roan Stewart, from Port
Ban aims, rrvtesuus, irom uongKonc 1
Arrived June 20 -Delicht from Hoockonc
Genoa Bay B. CJun 19. Sailed Adria
ror .:apetown. r ..
Blubber Bay, B. O., June 20. Sailed Nome
VUf,. lot San i rancjsco. : , j . , -
Port Alice, B. C.'. June 20 Sailed F. S.
IiOap for San Francisco. . ! .
Prt Blakely, June 20. Sailed Barkentine
Phyllis Cotnyn for Sydney in tow tuc Tyee.
. Point Wells, June 21. SsileoVBicnmond
tewtag targe 95 for SaS Francisco.
Everett, June 20. Sailed 1 alias for Buenos
Ayres. - .. - --i;-v .-. t -.
Tacoma, Jena 2 0. 9 rrired Skagway from
Suutlv.eetern Alaska, 12:80 p. m.
San Francisco. June 21. (L N. S.) Ar
rived: Hoquiam, from Los Angeles, at 4:20 a.
m. ; Frank D. Stout, from Brookings, at 6:50 a
m. ; Avalon. from Willapa Harbor, at 8:45 a.
m.; Idaho, from Santa Barbara, at 8:35, a. m. ;
Japaneae steamer Shinkoka Mara, from New
Tork. at 8 :85 a. m. : barge Isaac Reed, in tow
of tug Richard Holyoke, from Comox, at 10 a.
m. ; U. 8. 8. El Aquario, with U. S. S. Captain
Boots in tow, from Seattle via Portland, at 9:50
a m.; Governor, from Los Angeles, at 9:80 a
m.; Johanna Smith, from Coos Bay, at 10:80 a.
m. Sailed Barge EL M. Phelps, for Port San
Lois, in tow of tug Sea King, for Port San Luis,
at 9:80 a. m.
San Francisco. June 21. (I. NV 8.)- Ar
rived June 20: Daisy Freeman, from Columbia
river, at 1:25 a. m. ; Necanicum. from Brook
ings, at 2:10 a. m.; Port Angeles, from Los An
geles, at 8:45 a. m.; Queen, from Seattle, at
8:20 a. m. ; Coquille, from Fort Bragg, at 9:10
a. m. : barge Simla, in tow f tug Sea Eagle,
from Port San Luis, at 9:25 a. m. ; Vanguard,
from Eureka, at 2 p. m. ; . Dutch steamer Baton,
from Batavia, at 6:25 p. m.: Acme, from Ban
don, at 8:80 p. m. Sailed, Jane 20 Klamath,
for Portland, at. 1:25 a. m.; Willamette, for
Portland, at 2:50 a. m. ; Windber. for SeatUe,
at 7:80 a. m.; Necanicum, for Los Angeles, at
12:45 p. m. Returned Steamer Arctic, hence
June 19 for Fort Bragg, returned oa account of
angina trouble. .. . : -
Sam Franelseo Barley Call
San Francisco, Jnn 21. Barley calls:
August, $3.05 bid, 83.18 asked. I
December, $3.14 sale price. : ; I
are now on sale , p
-TO "
FARMER HOLDS FIRST
CROP REPORT IS
Br Broadaa Wall
New Tork. June 20. Technical condi
tions in the stock market just now are
such as to make possible a material ad
vance in prices unless something: of
destructive importance intervenes. The
leaders of the street are in no hurry .to
force a movement for they would prefer
further light on the crops. , The crops
are mora important than politics this
year.
The farmers are of more political im
portance this' year than union labor.
If the world is wise It will cater to
the producers of food for the next gen
eration rather than, to the ' mechanical
toilers. . -v -,
Mismanagement of the federal reserve
bank and neglect of duty by the Inter
state commerce commission are at the
bottom of most of the acute troubles of
the country. The greatest trouble of the
United States just now is that- the
federal reserve banks are grossly mis
managed and that the interstate com
merce commission is neglecting its duty.
The reserve bank management is pre
vention deflation by 1 permitting fav
oritism In the making of bank loans.
The interstate commerce commission is
causing chronic' congestion of railroad
traffic by holding: freight rates down and
holding passenger rates up.
PACIFIC COAST BASK 8TATEHE5T
- Portland Banks
m Ocarinas - This Week. Tearaco.
Monday t 4.844.890.1S $ 5.451.819.78
. Taooma Bank
Cliwrinra Monday ...... l.lld.210.00
Balanoe Monday 116,992.00
'. apeksne Banks
Clearings Monday ..,....,..$ 2,967.10.00
Balances Monday , ..,, 1.250.578.00
' Seattle Banks " -
Clearings, Monday .$ 7,411,268.00
BlncsB . Monday .... v. .... 2,320.543.00
San Francisco Banks
Ocarina Monday ........... $25,400,000.00
Lea Angelas Banks
Osariacs Monday $12,890,447.00
Liberty Bond Sales
(Furnished by Orerbeck & yCooks Oa -
open. High. , Ixrw. Close.
MiW'W)
liberty, 1st 4s... 8590
Liberty 2d 4s. . .. 8570
Liberty, lot 4s. 8638
T.ibertv. -2d 4Vi. R.lftR
9228 9212 9218
8590 8580 8550
8588
8580 8660
8672 8800
8628 8570
8400
8580
Liberty. 3d 4 s. 8928 8954 8928 893
Liberty 4th 44s. 8618 8652
Victory 4 a.. . 9578 9584
8618 8620
9560 9560
Victory, SKs..... 8580 9580 9566
9560
Hew Tork Bond Market "
Pnrnisbed by Oreibeck
Board of Trade building. :
Atchison frenl. 4s .......
Bal. & Ohio cold 4s .....
Beth. Steel ref. 5s . . .
Cent. Pacific 1st, 4s. . . ...
C, B. A Q. eoi. 4s .....
St Paul senL 4 ra . . . . .
Cbicairo N. W. cenL 4s...
L. N. uni. 4s ........
A- Cooks eompany.
Bid.
71
784
68
93
69 ,
Ask.
71
69
80
69
94
70 ;
71 '
1 76
24
70
77 .
J 77
89 H
68
95
79
84
76
74
76
. . . 70
... 76
... 21H
... V 70H
...T5V4
a
... 89 ?4
... 68
... 94 H
... 74
... 84 54.
... : 76
New Tork Ry. 5s
Northern Pacific P.
Readinc CenL 4s .
L. 4s
Union Pacific 1st 4a . ...
U. 8. Steel Ss
Cnioa Pacific 1st rsf. 6s.
Southern Padfic coot. 5s
Southern Pacific conr. 4s
Penna. Conr. 4Hs .;.,
Penna 1st 4s .......
Ches. at Ohio cony. 5s..
74 K
76 Vs
Oregon tsaort Xsna 4s.
foreign Bond Market
Famished by Orerbeck fc Cooke
Board of Trade bnildins: ' v aBid.
A F. 5 October 1920, .VC T.V. 98
IT. K. B s S or ember 1921. . 96
Rffi. Francs 5s 1931 ......- 69
Paris 6 October 1921 ...... 92 ,
Msrsrilles 6s . . . ....... 85
Rnsnaa Exten. s 1921. . .. . 2
Russian Intercaiional 5 s 1928.'- 28
iKm. 6s April 1921 .. . ..... . 97
Dtfm. 6s Apnl 1931 ........ 86
Dcav. 5s Auril 1926 ........ J8
loi Canada 6. I9S7 84
lJ- K. 6s 1937 ........ ..i 84
eompany,
Ask.
99 ;
i.v 97 :
' 71
92
. ' 8 .
29
83
7
87 -88
87
84
We
AWAITED BY MART
The Dalles, Oregon
General Obligation Paving Bonds
Dated June 1, i920 ':
Due Serially June 1, 1934-1937 - "
1 Denomination $1000
. Prices According to Maturity
j To Yield 5.75
Free From Income Tax
jRalph S c hneelo ch Company
'KOXX.CSPrtiXSQ CORPORATION FINANCE-
. UMBEKMS auiLOMO '
. PoirrxANi7.0xu:odic
TRAXSPORTATTON
It Costs No More Via Prince Rupert
Heals asd Berths Seattle to Prince Rupert
IMg, Toronto, Montreal, Chicago, SU Louts, Kansas City, Buffs.
.' asm vniMu oi tie potnia. -
Side Trip, Frtnee'
For reservations,
mj i-onana
uraanua 8C.
Astoria and Way - Points
Str. Georgiana
Roond Trtp Dairy ftioapt FrMsyl
- Laare Oim.ANO TrlO s. sa '
ALDCR STRKCT OOCK. ;
:. Laam ASTORIA :00 s. SI, .
K FLAVCL. DOCK.,'
FARK $1M CACH WAT.
; Special a ni Carta Dinins Bi ike.
Direct Cenneetlona for Sooth Bsachea
Kight Beat Daily P. Js
Maui 1422. f 41-2X -Trie
HARKIN TRAMSfORTATIOrJ CO.
Stoc
MarkstI
Ibpic3
(Fomlohed by Herrin it Rhodes, Inc.)
Marland : Refining company r declared
regular quarterly dividend of t per cent
payable June IS to - stock - of record
June SO. .
Kane County Gas company declared
initial dividend of S per cent payable
July 15 to stock of record June SO.
Federal Reserve board's weekly state
ment shows banks' reserve ratio ad
vanced from 43 to 44.5 per cent. : ;v
New Tork Federal Reserve bank's ra
tio advanced from 40.$ to 43;S per cent. ;
Anthracite output 1.859,000 tons.' high
est level reached in many weeks.
Furnished by Orerbsck- A Cooks On)
New York The showing of the federal
reserve system on Saturday is a rather
gratifying one and seems to suggest that
a definite turn for the better in the credit
situation has taken place. Stock -market
prices seem to appeal more to the
conservative investing and speculative
element and an improvement in values
seems logical to anticipate.
New Tork- An extensive movement of
British gold to New Tork will begin
very soon according to advices received
by local bankers. Metal will he shipped
here direct from England together with
consignments from Canada. Bankers say
exact amount is not known but Is ex-
' FACTS 1TO. MS
Winter Travel
Some roads wear. out; oth- ;.,"
ers weather out. The main
object in road building: is serv
iceability . every day In the -year.
A road without dust or
mud and that can betraveled
with comfort always a road
that will fulfill these conditions-
must be paved with . 5
WARRENITE
BITULITHie
VTABBE2T BBOTHEBS COMPA5TT
Efficiency
Low Cost
F.W.Baltes
& Company
Printers
First and Oak Streets
Mala 165 AntQftll.eS
Offer
TRANSPORTATION
Bspert to Alaska Coast, S25
tickets and tun information, apply to
oeket axent. or U K. 4eaaoy, C27
VaocoBTer, B. a .
SanFrancisco
S. S. ROSE CITY
DEPARTS 10:00 A. ft, .
a t -1
Thursday, June 24 :
: FROM AIN8WORTH DOCK
FARC INCLUDES BERTH AND MEALS
CITY TtOKET OFFICE. SO AND WASH.
PHONE MAIN SSSO
FREIGHT OFFICE. AINSWORTH DOCK
r- PHONE BROADWAY 6S
THE. BAN FRANCISCO at PORTLAND -'
B. B. COMPANY. .
IT 1 '
ii I
PLACE
-Edited by
WLU F. Ueasian
pected to exceed -91o0.000.000 and will
arrive in next three raontha.
International Harvester company de
clared quarterly dividend 14 on com
mon payable July 15. record June 25.
; Foreign Exrhsoge Market
" New Tot. Jooa tl. IZ.- P.) -Fonrita ez
ehann opened firm today. Quotation wero:
Stsrlins, demand. S2.0TH. v ; mark, de
nasd. .0263; cablw. .0265, up .6007; .Cana.
dian dollan. .8770. ...
fonam xehans closed firm.' Demand atari,
few advanced, 1 cent to 13.88 H, with cables at
SS.99H.
Lire checks were at 1S.B4. off S, with cable
at 16.52. . Hark demand were .0362. with
cables at .0264. Franca ware 12.64. with cables
av ij.oi.
KEW TO DAT
THE
F.Ealaykr
mpaiy.
I2TH FLOOR YEON BUILDING
An organization : of realtors
dedicated exclusively to sales
and leases of '.":
INSIDE PROPERTY
INDUSTRIAL SITES
LARGE TIMBER TRACTS
AND LAND HOLDINGS
Exceptional Buy!
UT A SXAXIi PjLECEL of
locide
Property.
LOCATED WEST PAKK AND
BURN SIDE
25x100 Feet
$10,500
TERMS
By using: trie present standltia walls
a 1-story building can be built at a
cost of less than $4000 and such im
provement will bring- a revenue tf
$2100 per year, or- 8 per cent net on a
valuation of $20,000
-v.
Portlan d's Araliable Bssisess Ioes
tioaa Can Be beearea Tarosgb
Inside Property Dealers
TWELFTH FLOOR TE0IT BLDO.
HOUSES uvd GaQAGES
(RKcraD im
tOIITL.AND SMIPPKO
ANVWHERK
IN BUILT 4-a-T. SEC-
.TIONS RKADt AND
EASY TO PUT TO-
" . fllTHIH .
A flnt-eiaaa boaM or sarace diract from
tha factory at a GREAT HATING. Toa
par do middlemen's rofit. : Write (or
cat locus.
REDIMAOK BUILDIIta OOMRANY
- East Etavantli ane Mar si
t ktocks aouUt-ef HawUtarna
fiona East S114 - : Portland, Oregon i
8E2TD TJS TOTJB OLD CABPETS
(Wa Call aad PeUrcr)
Oid Rugj and Woolen Olothtnf
Wa Maiis ItavenlMe, HanaVWeves
FLUFF RUGS
Room Size rhitt Rugs Wovm S170
Ra Rugs Wot on All Sixas '
' Oiothes Oiesnlng arts' Oyalnfl Dept. .
Mail Orders Send fee Beektat
Mattraaaas Rsnoratad, Made Orer, Made e
Feathers "Resevatea
Carpet Clesalsa;
xl Ruga, Steamed Olsanad, S130 .
WESTERN FLUrr RU OO. .
54 Union Ave. . M. . . Phone East SS1S
WE CALL FQB tOTB 0L1
FLUFF RUGS
All Work Tsrnea Oat Jrornptty
Bar Basra Wares AH lse
ataii Orders Sead for Book
- let Carpets Cleaaea
liald aad Beilttod
HORTHWEST RUG CO.
188 EAST EIGHTH TBET
PHOSB EAST tS .
We Call aad Deliver
OM Carpets asd Bars Bade Iat
FLUFF RUGS
Racr Rura, Carpet CleanlnsT and Re
tltunav Mail orders. &ead
,. . toe Booklet.' .
Oriegon Fluff Ruj; Co.
It8 East Stark Taker 1114
KEVr TODAT
NEW BRICIC
APARTMENT
BUILDMG
Paying Better Than
11 Net on Price of
$55,coo
Three-story and full basement. "
brick and concrete building ; excel
lent East Side district; 6oxl(W cor
ner; 29 sunny apartments, each wltA
three rooms and dresstni; compart
ments. . Hardwcd floors and white wood
work predominate : modern builtin
conveniences; considerable equip
ment attached to the building:.
Jresent income subject to Increase
.as rents -are very moderate. .Two
apartments are now occupied by
salaried employes, one by manager,
another by janitor. Owner operating-
property could ' materially In
crease net return. .
WE TTKHESITATTNOTiT KECOJl
MES1) THIS INVESTMENT
Inside Property Dealers -TWELFTH
FLOOR, YEON BLDO.
$5250 Stucco
oungalow
ROSE CITY
Attractive 4 room bungalow with
attic, hardwood floors in all main
rooms except linoleum in kitchen
and bath, cozy breakfast nook,
good fireplace; price includes fur
nace, fixtures and shades; on paved
street and sewer; terms M500
cash, balance monthly.
J. L HARTMAN COMPANY
7 CHAMBER OF COM. CLDC
MAIN 208
m mi
WELL SECURED
; LEASE
Improved
Bride Building
on Corner
100x100
Near center retail district, went side:
A most substantial .investment, lie-low-
value.
Terras : $20,000 cash, remainder roort
traere. j
FTJXL HrFOBMATIOir AFPLT
Xaslde Property Dealers
ma FLOOB YE02I BLDG.
CENTER
RETAIL
DISTRICT
100x100 Corner
Improved
Under well secured lease,
long term. : :
One of the safest invest
ments in the downtown dis
trict. Will net better than 7.
Price around $500,000.
TEJIMS
; Inaide Propertr Dealer
1ITH FLOOB IOS ULDG.
WE HAVE BARGAINS
IN INSIDE PROP
ERTIES f, . - " ' r
See
KU3Y & CUSTAFSCT
. BEAL ESTATE AGEXTS
S05 YEON BLDG.
aaletreoag Wsit Park aad Tsmt.13
At -10 A. M. Tomorrow