TUESDAY, NOVEMBER SO, 1820.
THE OREGON DAILY JOU RNAL. PORTLAND. OREGON.
5
lK
BANKERS CALm IN
FACE OF FAILURES
OF SMALL HOUSES
Double Trading Stamps On All Charge and Cash Purchases J
DO ALL OF YOUR CHRISTMAS SHOPPING AT THIS STORE AND Up I Toll BENEFIT OF THIS GASH SAVING
; By James L. Klljrallen
(CniUd New Staff Corncpondnit) j
Chicago, Nov. 1. La Salle street's
leading bankers and financial men
are vitally interested but not un-
duly concerned In the almost' dally
reports of bank failures in the Mid-;
die West. i
They take the view that all the banks
which have closed their doors are not
necessarily insolvent. V
These banks are being; hit by a condi
tion and are closing; temporarily. The
majority of the bank failures have been
reported from North Dakota ana Okla
homa. "SEAL ESTATE SHOPS"
Punh.rmnn. thav ft r a If mail Insti
tutions and none of them Is a member
of h federal raurvii svalem. "Some of
them are no more than real estate shops,"
with capitalisations of around $10,000,"
said W. T. Bruckner, a. vice president
of the Continental A Commercial bank
of .Chicago. 'The failures have little i
more than a purely local effect."
The head of one of Chicago"! biggest
'banks, while declining to be quoted,
pointed out that in many instances the
banks which failed turned the bank's
affairs over to one of its own officials,
closing on their own initiative, which ;
should not be accepted, necessarily, as j
insolvency.' i
These banks, he explained, stretched J
their credit to the breaking point in order i
' to finance farmers In their region. Their ,
closing was predicated on ability to get '
their debts paid, because the farmers
were holding their products for higher .
prices and did not have the money to
pay the banks. When the smaller banks
were pressed by larger banks to meet .
payments, they were unable to continue :
business. "They had overextended them-;
; selves. - i
, ,-The banks could not maintain their .
policy of doing their utmost for the
farmer and at the same time carry the
added burden of helping him fight a
"fight," he declared. !
In many instances big city banks- have ;
been forced to extend ruriner accom
modations to their country bank cor
respondents to tide them over.
FARMERS ARE BLAMED
Some bankers complain that the pro-
cesa of credit deflation Is being delayed
because farmers will not pay off their
loans to any extent commensurate with
the liquidation going on in the indus
tries and in merchandising.
Whennhe farmer finally does get the
proper slant at the situation and, like
other business men takes his loss, then
and perhaps not until Jhen win re
ports of small bank failures com to an
end, bankers here declare. The solution
of the problem of the small banks lies
In him. it was stated. Fundamentally
the banking situation is sound.
Three more small banks failed Monday,
one in Colorado, and two In Oklahoma.
Most Of the failures have taken place
in North Dakota Non-Partiuan league
- etronghold where 15 banks have failed
in the last SO days.
Bigelow Declares,
Fund Is Misused by
Health Department
. Commissioner C A. Bigelow, at the
, special session of the city council, Mon
day afternoon, charged the state health
department with deliberately using the
fund Intended to meet the federal gov
ernment's obligation In conducting Port
land's Women s Detention home tor pay- '
ing attorneys and ! other help; instead
of applying the money where it was in- i
tended It should go. -Commissioner
Mann Introduced an or-
' dinance authorising the employment of
a physician for the Women's Detention
home, to devote a part of his time to
the Institution, at a salary of $125 a
month.- Commissioner Bigelow objected
to the permanent appointment, but
agreed to authorising the employment
of the doctor for two months with a
view to calling upon the state and federal-
authorities to meet their part of
the expense. "I want to show the state
official up for the way he Is acting
toward the detention home, in holding
up the" United, States government's
funds," Bigelow said.
Injunction Granted
To Halt Building of
Proposed Sanitarium
Authorisation of an Injunction suit
against V; L. Rulter and George A. Love
Joy, restraining them from construct
ing the proposed Winchester tuberculosis
sanitarium upon the watershed of the
North Umpqua river, where the city of
Itoeeburg procures Its water supply, was
granted Attorney H. F. Mclnturft of the
state board of health by the board In a
special meeting called by Dr. Andrew
C. Smith Monday afternoon.
Mclnturft already has prepared the pa
pers and will file them at once. There
Ul rftUII liUKIU V. I1CK1I1I, I (1 Q Cllj
of Roseburg, Dr. Esther Pohl Lovejoy,
the Douglas County Light St Power
company, Douglas county and a resident
of Winchester, i 1
Dr. Lovejoy already has filed an inde
pendent suit against the sanitarium peo
ple. - ' ! i '
mjm raw at er mm s im m mm
war
j&r paillS obtained by
' namg S3ou's liniment- tlng
: ling, corafortinfc blood-drcula-ting
feeling comes with its first
application. Use it freely for
those tired, aching feet, strains,
sprains, lame back, still neck, -
nd other external" pains.
Don't rb -simply let it pene
trate md work Nature's way.
35c. 70c, 11.40. v .
mm
Yt ujt
Best Butter
$1.20
No deliveries except with
other grocery purchases on
sale on the FOURTH FLOOR.
Reliable Merchandise - Reliable Methods
lds9WortmanKin
Entire Block Morrison, West Park, Alder and Tenth Streets
BASEMENT UNDERPRIGE STORE
1000 Men's Ties at 69c
Clean-Up Sale
Women's Goats
-
$10
Basement Women's and Misses' Winter Coats
Odd lines only a few of a style and kind on sale
at ten dollars. About 100 Coats in the lot. Good
practical garments for utility wear made up in
desirabld materials. There isn't a Coat in the
entire lot but what is worth far more than
the sale price. Excellent ranee of sizes
"Girls' Coats $10
Basement
-Broken lines and odd Coats from our regular
stock priced for quick clearaway. This season's
most wanted styles and materials and there are all
sizes up to 12 in the assortment. Don't fail d"f A
to see these extraordinary values. Special vjJAJ
esf-rv.
Our Greatest Basement Sale
A special purchase and sale of
Men's Four-in-hand Ties at an ex
tremly low price. The thrifty man
will avail himself of this splendid
opportunity and buy for personal
use and for gift giving. Immense
assortment of patterns and cotors
In medium and dark effects. Made
up in high-grade materials. Very
latest styles. Priced special CQi-.J
for the Basement Sale at UeCT1
-Mr ill II H It 1
Men's Union Suits at $1.98
Box of 6 Kerchiefs $1.19
Basement Men's Ribbed Cotton Union
Suits. Closed crotch, long sleeves,
ankle length. Fleece lined garments
In good winter weight Sizes 2- QO
34 to 46. Priced special at tDXeeVO
Basement Men's plain white Hand
kerchiefs with Vi inch hem and em
broidered initial in corner. Put up
six in a neat Christmas box. 0- " Q
Priced special for this sale DJ.eA7
Men's Cashmere Socks 39c
Basement Men's Cashmere Socks In natural color and black. Of Splendid OQp
quality. Well worth 60c. Sizes 10J4, 11 and lt only. Special at, pair
Basement Sale 3500 Yards Black Silks
' Women's
Grepe Waists
$3.98
Basement You will miss a real sale
if you fail to see these wonderful
Waists we offer at above price.. Choice
of several pretty styles, embroidered
and lace trimmed. Made up in excel
lent, quality Georgette Crepe in the
most desirable colors. Such Waists
are seldom to be had for less than 6
and 6.50. Full assortment (IJO QQ
of sizes. Basement "Special tUOe70
J i
$2.50 to $3 Grades
$1.98
Choose Christmas Silks Now
At a Good Saving
. 3 is and 36 inch Black Taffeta, Peau de Soie and
Messaline In a remarkable one day sale at a substan
'tialcut in price? Silks for dresses, waists, petticoats,
linings, etc. standard qualities that will give best of
service. If you intend giving. Silks for Christmas here
is an opportunity to buy them at a consid- 3- QO
erable saving. $2.50 and 3 grades, yard DXe70
Women's Corsets $1.49
Roval Worcester and Other Good Makes
Basement Famous Royal Worcester
rsii-tott in several rood stvles. Medium
iwa ww w " O J
and low busts, back or front laced. Un-
equaled for stvfe- and serv- yQ
ice. Sizes 18, 20. Each eJXi7
Women's Aprons
$1.98
Basement Women's SUp-over Aprons in
three different sizes. Made up in gen
uine Amoskeag Gingham in plain pinks,
blues and greens. Trimmed (I "J QO
with braid. Priced special at DAI0
Double Stamps with all purchases.
Basement Women's Corsets of pink or
white coutil. Medium or low bust mod
els some with elastic top. All Sizes in
this lot from 18 up- to 30. AQk
For Wednesday in Basement ejxr7
Boxed Kerchiefs
59c to $1.98
Basement Women's boxed Handker
chiefs in a large assortment of plain and
fancy styles. Our Christmas stock is
now In and ready for your inspection.
Early choosing is to your advantage.
Specially priced at 59c to $1.98 box.
Basement Sale
Bath Robes
$6.98
Basement Men's and Women's Bath
Robes specially priced for Wednesday.
Made up in good, serviceable materials.
Great range of attractive patterns. Very
appropriate for gift giving. On QO
Basement Sale special price istDUeiO
Children's Rohes
$3.48
Basement Children's Bath Robes of warm
blanket material. Good selection of new
and pretty patterns. Sizes 6 JQ AQ
to 14. Priced special at onlyDOe'0
Boudoir Slippers
At 85c
Basement Women's Boudoir Slippers of
good quality quilted silk. Shown in all
the most desirable colors.. Why not a pair
of these for her Christmas gift? OK
Specially priced now at, the pair OeJU
Basement Sale
Women's Shoes
$2.98
To close out several odd lines of Women's
Shoes we offer them at less than cost of making.
The lines are broken but if you can find your
size you will get a great bargain. Mostly in
small and medium sizes. Buttoned and laced
patterns, various styles ijj heels and toes. Black,
gray and brown-leathers. As we have but 200
pairs to sell at above price early choosing; is
desirable. Many of these Shoes formerly sold
at more than double the sale price. QO
Priced special while they last, pair De70
Women's Shoes $5 Pair
Basement Women's Dress Shoes in a representative showing of all the season's
best styles. Laced and buttoned patterns. Vlcl kid, suede, calf and dJfT AA
patent leather. Hand turned and welt soles. Brown, tan, black, gray. DUtJJ
Silk Petticoats
$3.98
Basement Women's Silk Jersey Petti
coats with plaited flounces. Good
range of wanted colors. (Q QQ
Priced very special at only OOeaO
Toilet Paper
12 for $1
BasMMnt 100O sheets to the roll.
No telephone, C O. D. or mail or
ders. This is an extra good ?"l
value and priced special, 12 rolls
Woolnap Blankets $4.98
Basement Underprice Store
"Woolnap'' Blankets have an extra heavy fleece and are nicely finished. These
are shown in gray with fancy border across ends. Size 60x76 inches. QO
You have seen this same quality advertised heretofore at 16. So. Pair Dtee70
36-In. Percales
18c Yard
Basement Standard quality Percales
in light and dark patterns. 36 "J Q
Inches wide. Special at, yard J-Ol
JAPANESE LUNCH CLOTH new
shipment Just received. Size ff AQl
48x48 inches. Special at Dils7
Outings 22c
Basement Heavy quality Outing Flan
nels for night gowns, sleepers, pajamas
and skirts. Fancy striped pat- OO
f terns. Special at only, the yard
Double Stamps with all purchases.
Children's Trimmed Hafe Price
-Basement Store
Wednesday the Basement Millinery will place on sale 300
Children's Trimmed Hats and Tams at just half regular prices.
Mothers should take quick advantage of this opportunity to save.
$1.98 Hats at 99c Jl,
50c Tams at 25c ;
Children's Trimmed Hats
in droops, pokes and bonnet
styles. . Regular 1.98 AO
values criced special 77
Children's Tams "and Small
Hats in black and two-tone
effects. - Regular 50c OCT
values priced special MUW
Children's f 1.48 Trimmed Hats priced snecial at onlv 1A.
Children's Corduroy Hats 98c grade special at only 49c
The Basement
Toy Store
IS READY WITH HUNDREDS OF
GIFT ARTICLES FOR THE CHILDREN.
Bring the youngsters In and let
them see the many things of Interest
e Teddy Bears $125
Basement 5 OO Teddy Bears in me
dium size. A great favorite with the
little tots. Priced special at $1.25
DOLLS in a good assortment of sizes
and kinds. Priced special at $1.49
Hill Coasters $3.50
Basement Hill Coasters of good sub
stantial construction. Barrels of fun
for the youngsters and keep them out
in the fresh air. Priced at only $3.50
A. E C. Reversible Blackboards.
Priced special for this sale at only 98c
TOYLAND, Fourth Floor
Our Big Christmas Stocks
Are Now in Readiness
It will be, indeed, a Joyful trip for you
when you see the bright eyes and cheery
smiling countenances of the kiddies as
they approach the Toy Section. We have
toys for children of every age from, the
one year old up. Bring the little ones In
and let them enjoy the sights in Toyland.
Dolls
Large dolls, medium sized dolls, and the
big, stately dressed dolls with beautiful
hair and sleeping eyes. Dolls for every lit
tle girl in Portland. Choose yours early!
Ask for Trading Stamps e J
Mr s m eaB a e . a
Bargain Circle, MAIN FLOOR
Imitation Ivory Toiletware
Special Showing
Nail Buffers priced 65c to $1.25
Ivory Trays priced 25c and 65c
Hair Receivers and Puff Boxes to
match. Priced special at 50c each.
Photo Frames at 25c 50c. $1.00
Round Hand Mirrors now $2.00
of Gift Articles
Oval Hand Mirrors priced at $2.50
Hair Brushes at $2.50 to $3.50
Combs priced 35c. 50c and 75c
Soap Boxes priced special at 35c
Perfume Bottles priced only 75c
Cuticle Articles priced at only 35c
SECOND FLOOR
Silk Petticoats at $5
Garment Salons, 2nd Floor
A Christmas Sale of 200 Women's Silk Petticoats will be the feature offering
tor Wednesday tn the Garment Store. Silk Jersey, Taffeta and Mescaline in
black and a full assortment of all the leading plain colors. Many dainty styles
in ruffled, tucked and plaited effects. , Small sizes mostly. Lengths Jr AA
34 to 38. Here Is a gift suggestion for the practical woman. Special DJvU
Bath Robes $5.98
Second Fleor-Women's and Children's Bath Robes specially priced for Wed
nesday. - Good, warm garments made up In good grade material in Indian,
floral and conventional designs. Square, round or roll collars. (PC QQ
Cord girdles. Sires 10 to 14 and 38 to 44V Values to 7.$0 at Dtl$?0
V
MAIN FLOOR
Boys' Suits
$6.85
Main floor Boys' Suits of Serge,
Cheviot, Tweed and Mixtures. Sin
gle and double breasted Norfolks
with straight pants. Sizes for boys
4 to 10 years. Regular &( Off
10 to 13.50 Suits at OOsOtl
MAIN FLOOR
Boys' Pants
V2 Price
Main Floor Boys' Fancy Knicker
bocker Pants odd lines from our
regular stock.' Good styles and
fabrics. Pants selling heretofore at
S3.00, $4.00 and 4.50 a pair
now priced $1.50. $2 and $2.25
4TH FLOOR
Sale of Tea
Wagons
7 1 Ml
4th Floor Mahogany, walnut and
oak Tea Wagons in a special Christ
mas ' Sale at reduced prices.
Especially desirable for gift giving.
Sale Prices
-135.00 Tea Wagons now $29.75
W47.S0 Tea Wagons now J 141.25
JHU1.50 Tea Wagons now J42.7S
65.00 Tea Wagons now J 152.50
66.00 Tea Wagons now i 154.00
70.00 Tea Wagons now J 57.50
DOUBLE STAMPSI
BASEMENT
Tea Gups and Saucers 25c
15c
Basement Plain White China Tea Cups OfTp
and Saucers criced snecial at the-'palr AOx
White Porcelain Tea Cups In neat shape.
Limited quantity. Priced special at, each
NO TELEPHONE ORDERS FILLED
Large Coffee Cups and Saucers
with gold band or spray dec- OQp
oration. Prked special at OU
DOUBLE STAMPS WITH
CASH PURCHASES
Sale of Dinner S
Basement
Here Is a good opportunity to replenish
your stock of oinnerware at a
:i Pi.-. ninn.. c.fi tnll at S 4.38
Pir. nintr Cc irvCHI SI A O.OVF
Piece Dinner Sets social at $ 9.98
Piece Dinner Sets Special at $12.48
17
16
16
SALE OF ODD PIECES OF. DIERWARE
Pie Plates priced at 10c and 15c
Dinner Plates priced at only 23c
Fruit Dishes -priced at only 10c
Oatmeal Dishes priced at only 20c
Vettable Dishes at' $1.48
r toats priced at only 48c
Cor
Open Sugar Bowls at only 25c
Platers at only 48c 68c and 98c
Liniment
meimf
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