The Oregon daily journal. (Portland, Or.) 1902-1972, February 06, 1921, Image 21

The Oregon daily journal., February 06, 1921, Page 21, Image 21

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Newspaper Page TextTHE OREGON SUNDAY JOURNAL, PORTLAND, SUNDAY MOKNXNG, FEBRUARY 6, 1921 I GOLD RESERVES SHOW-INCREASE 1 HOLDINGS OF BANK : DROP $29,500,000 -Federal Board Issues Weekly Statement at Close of Busi ness January 28. Aggregate reductions of 29.5 rail- 'lions In bill holdings, accompanied "..by a decrease of 29.3 millions in federal reserve note and federal re serve bank note circulation, are Indi cated in the federal reserve board's ; weekly bank statement issued as at close of business on Januarys 28, 1921. ' - ' Gold reserves show an Increase for the week of 10.4 millions, and total cash reserves an increase of 18.7 millions, while net .deposits increased by 14.7 millions. As a consequence of these changes, the banks reserve ratio rose from 48.5 to 49 per cent. All classes of earning assets show re ductions for the week : Paper secured by Kovemroent obligations, by 7.4 millions; other discounts by 19.2 millions ; accept- nances, by 2.9 millions, and treasury cer tificates by 3.2 millions. - Total earning assets accordingly were 32.7 millions .smaller than the week before. v Of the total holdings of 104S.8 millions - of paper secured by TJ. S. government ; obligations. 607.1 millions, or 67.9 per cent, were secured by Liberty and other U. S. bonds; 284 millions, or 27.X per cent, by Victory notes, and 157.7 mil lions, or 15 per cent, by treasury certifi cates, compared with 615.7. 282 and 158.3 - millions reported the week before. Dis counted bills held by the Boston. Phil adelphia' and Cleveland banks are in clusive of 41 millions of paper discounted for the Atlanta, Dallas and Minneapolis reserve banks. Since the preceding Fri day the .Richmond . and Kansas City banks redeemed all paper rediscounted by them with other reserve banks, with the consequence that the total Inter-re- .serve bank discounts have gone down to . slightly Over 41 millions, as compared with a hijrh of 247.1 millions on October l29 and with 115.3 millions at the close :of the past year. S Governor deposits are shown 19.5 mil lions larger than the week before, while f reserve deposits showi reduction of 33.4 millions and other deposits a reduction of 1.1 millions. . The "float" carried by , the reserve banks and treated as a de fduction from immediately available de limits is shown 29.7 millions less than : the week before. "i In consequence of increases In capital ization of member banks largely in the 4 Cleveland, Minneapolis. Oalla and San i Krancisco districts, the Reserve banks '.paid-in capital shows an Increase of ilBS.OW) for the week.' the total for the 'first time being in excess of 100 milliou tTdoUars. iBabson TeUs Why 4 I He Is Looking for Great Prosperity - 1 ' "" " Roger W. Eabsctru .the noted statisti cian and analyst, writing in the current Issue of Forbes Magazine, predicts a 4 period of prosperity for American busK i 3 tvss. basing his conclusions on the foU lowing: factors: . . ' Si 1.' The great mass of people still have T' the government bonds which they bought ""'during the war. Until these are sold sjthere will remain a big reserve buying- g power. " . ' - - '4 2. Millions of dollars which hereto- fore have been spent for drink are now - being; spent on the building of homes, the buying of comforts and general mer gchandise. ' i. S.'The banking system of the United V States is more flexible than it has ever $ been during any preceding period of 4 financial stress. ' ,4 -.4. National advertising has come to tay, and is destined to be a great force ?. in the" producing and steadying of busi- 1 ness. ' 6. The war has resulted ii the stand . . ardization of many lilies, which causes -greater efficiency in production. ) 6. An impetus has-been given to for eign trade which will continue for many years, especially as we now have a great merchant marine. 7.1 Seasonable fluctuations In manufac turing' and selling are being eliminated. 8. A reduction in taxation may b ex pected. This especially applies to busi ness and profits taxation. j 9. Recent political elections showthat the mass of people are at heart const rva- tive aftd can be counted on to back up a : business man's government, i 10. TTie war made the United States the richest country potentially in "the, t world. Expert Employed by , Ladd & Tilton to Aid in Tax Returns ' Feeling that many of their clients and 4 the public in general will appreciate the 1 services of an expert to assist them in' " preparing their income tax returns,' Ladd and Tilton bank has engaged the services of "W. H. Churchill, income tax ; adviser, who recently arrived in Port ; land, coming direct from' Washington, 13. C, where he was formerly employed s: in the United States internal revenue ' bureau. ". . . Churchill's recent dose association In this department of the government makes him ably fitted for this work. 1 and his assistance should prove of 4 much value- to those who desire to avail themselves of this free service. 1 Bank at Albany Is , Now 50 Years Old -" Albany,. Feb. 4. Half a century of ex perience was commemorated by the First : . National' bank of Albany, Tuesday, just - 60 - years . after - the institution was "founded by John Connor, pioneer Albany merchant, in connection with . his "store. The Original . capital was $9000. " it is now $100,000. ; v- i ; i - Range in Prices of Liberty Bonds and Victory Notes During the Past Week OFFICIAL CLOSINQ PRICES i-Liberty SHs. 1932-47 , 7 1 lbertv : J-aberty -Libertv 2d 4s, 1927-42 1st 4Us, 1932-47. .i ! Liberty Liberty. 2d 4 Us, 1927-42... 3d 48. 1928 s Liberty 4th 4VIS. 1933-38 : V tctory 4 s, 1 922-23. ...... . . . Victory 3s, 1922-23. School Thrift Bank Idea Proved Worthy Lesson .for Pupils The school ' savings bank Is an Im portant factor in an educational sys tem which should I encourage the sav ing habit among children." aays Asher J, Jacobyv superintendent of schools, El mira, N. T., in commenting upon the long-standing interest of the American Bankers' , association savings bank divi sion and' its, many' thousands of mem ber banks. He writes : "An experience of 19 years with school savings banking 1 bas greatly strength ened my first conviction that they could be made to serve i a most useful pur pose in public education. "Saving is necessary to thrift, and the welfare of a community depends both upon the intelligence and the upright ness of its people and upon their thrift. The school savings bank helps in a very concrete way ; to develop such traits and qualities. . . : "The school savings banking system provides an easy and attractive way for the children ' to deposit their money, which otherwise they might spend for things merely to gratify a passing whim and of little or no value- to them. Besides, depositing money in a bank, where, it increases in amount through interest additions, impresses upon chil dren the value of ; proper care of their savings. A bank account gives children, as it does -adults, a sense of proprietor ship and responsibility, and a sense of security foe the future, which they may not have possessed. . "The school savings bank helps the school -to teach the value of money as a means to .right living. It is not enough to teach children how to save money. We must teach them how to spend money as well." Exchange Improves To Trade Beneht Of England, Is View Recent improvement In the exchange position of the pound sterling, although its Immediate effect on trade may be of a negative nature on account of the hesitancy of buyers abroad, and al though the gains registered since the first of the year ; may be in part aue to temporary, influences, is sufficiently encouraging to warrant optimism in any consideration of Great Britain's ability to increase her buying power for American goods, . according to the Guar anty Trust company's ; international trade survey. The undertone or uie British exchange market continues f Irrn, the bank says, and, despite fluc tuations by which recent transactions have been marked, there are indications that the upward trend may have a de cided salutary effect on the United Kingdom's foreign trade. More Than Half of People Hanging to Their Liberty Bonds Statistics show! that from 60 to 75 per. cent of the original purchasers of Liberty bonds stiil retain those securi ties. This represents a reserve purchas ing power of great potential influence, since the war issues are largely in the hands of the small investor. In recent months the public as well as' the banks have been heavy purchas ers of treasury certificates of indebted ness. Out of the $2,350,000,000 of such certificates outstanding, it is estimated that about $131,000,000, or less than 6 per cent, are held by the federal re serve banks as collateral for loans. This represents i-an important change and means that member banks which previously were heavy borrowers of the federal reserve banks have found it more profitable ; to pass these invest ments on to their customers. Flour Mill and Gas Company Bonds Are Finding Eeady Sale The outstanding feature of last week's Investment market was the of fering by local participants in $3,000, 000 of the Portland Flour Mills com pany 15-year 8 per cent first mortgage sinking fund gold bonds, and the $S00, 000 Portland Gas & Coke company first lien and general mortgage 7 per cent gold bonds. The dealers interested in these'; securities ea.y the absorption ' of the bonds is progressing "satisfactorily. With the upward trend of bond prices, the feeling- now. among investors is to place their available funds in gilt-edge, long-term, high-yielding securities. Deal ers of 'the city -report a strong demand for bond issues of that character. ; . Bank to Back Dairy Clubs of Yamhill Oregon Agricultural College, Corvallis, Feb. 4. Beef and dairy calf clubs in Yamhill county will be backed by the McMinnville National bank. This organ ization has sent N. C. Apperson out to select reliable girls and boys, determine which breeds they prefer, and aid them In buying strictly pure bred stock. The bank plans to finance the club members who are unable to buy calves. Apperson already has the assurance of some strong Hereford and Jersey clulja in the county. Cbemlcal National Bask ' At the annual "meeting of the directors of the Chemical National bank of New York the following officers were unani mously reflected: Herbert K. Twitchell, chairman of the board ; Perey H. John ston, president; Edwin S. Schenck, first vice president. Two new vice presidents were appointed; Albion " K. Chapman, formerly cashier,, and Wilbur- F. Crook, formerly assistant cashier. The .office of assistant vice president was created, and' the .following . former f assistant cashiers, were appointed to that office : James L. Parson, - James McAllister, Samuel T." Jones, Robert D. Scott, N. Baxter Jackson. Samuel Shaw Jr., formerly assistant cashier, was' appointed cashier,.,-,:-- i-5: Mon. Tuea 9HRT 86.50 85.40 86.70 85.70 . 89.06 86.00 . 97.18 97.16 Wed. 91.80 86.50 86.20 86.TO 86.24 89.50 : 86.62 97.16 97.16 Thurs. 91.82"" 86 50. 86.20 ; 87.00 ' 86.30 , 89.64 I 86.64 97.12 97.13 Frt. "91790 86.50 86.40 87.00 86.40 89.88 86.94 97.16; 97.14 Sat. ""91.86 86.80 86.40 87.00 86.50 89.94 86.96 . 97.20 97.20 91.90 87JJO 86 30 87.00 88.36 89.10 86,52 ' 97.28 97.28 Edited by Will F. HewBlan FEDERAL RESERVE BANK STATEMENT Shows Surplus Increase $6,221, 920, and Loans $3,085,000; Net Demand Deposits Less. By Broadfm Wall New Tprk, Feb. 5. (IT. S.) The actual bank statement today showd surplus increased $6,221,920, . loans increased $3,085,000 and net demand deposits decreased $868,000.; The average, statement - showed surplus increased $3,331,250, loans increased $1,254,000 .and net demand deposits increased $17,181,000. The Federal Reserve bank showed 38.1 per. cent against 38.3 percent a week ago, ratio of total reserves to deposit and federal reserve note liabilities com bined. ;" . i ! PBICES LIFT ; r It also showed 35.7 f per cent, against 36.2 per cent of . ratio of total reserves to net deposits after deducting 40 per cent gold reserves "against federal re serve notes In circulation. Short covering which began on Fri day continued today and lifted prices slightly. Business was on a light scale, less than a quarter of a1 million shares changing hands, j i Initial prices showed a fractional Im provement over night. After the first hour weakness developed, but this was short lived and the general market turned stronger in the late tradings. BONDS 1BKEGCLAB . ; Dealings in sterling exchange were on a very light scale. Quotations , were slightly higher at the beginning of busi ness, but eased off after the first hour. There was steadiness toward the close, demand sterling being unchanged at the end of business. The bond market was irregular. Most of the industrial issues which were con sidered to have been placed above prices warranted by the market were slightly lower. Rails were soft.. Reports -that Thomas W. Lamont of J. P. Morgan & Co. would go to Mexico and straighten out the Mexican government debt were responsible for increased activity and strength in National Railways of Mex ico for second preferred, which advanced 1 point. ; Mr. Lamont denied in Washington that he had been invited to straighten out Mexico's bond affairs. Mexican gov ernment bonds were active and higher. Other Loans Will Follow Belgium's Loan, Is Belief All the world is still applying for American capital, and it is evident that the new $30,000,000 Belgian loan, which was recently oversubscribed, will . be follpwed by many others. The sharp rise in French exchange, following the first of the year, has been attributed to plans under wayv,for a later loan - to the French' government. It has been re ported, i also, that Great Britain later in the year may place a loan in the United i States. Virtually all of the South American, countries would be glad enough to borrow here if accommoda tion was forthcoming at acceptable terms. Advances to the hard-pressed European nations must be classed as highly essential financing and of a character contributing not only to restoration of crippled industries abroad, but also to the upbuilding of American industry, which possesses the only pro ductive machinery capable of providing the material required, f U. S. National Bank Now 30 Years Old; Growth Is Steady February 4 the United States National bank celebrated its thirtieth anniversary. During the bank's 30 years of business it has ' occupied a , strong position in the financial field of the Northwest. The bank's success and rapid growth are strongly reflected in the last state ment furnished the comptroller of, the currency. At that time, December 29. 1920, the bank's total deposits exceeded the $29,000,000 mark. This in compari son with 1902, when ; these were less than $2,000,000 in deposits. The bank's capital in 1902 was $300,000, while at the present time it is $1,500,000. After the consolidation with the Ainsworth National, the United States National successively absorbed the Commercial National. Wells-Fargo 4 Co. bank. ; the Lumbennens National and the west side branch of George W. Bates and company Today 4t is recog nized as one of the Northwest's great banks.; French Exploiting Colonial Resources ' i " -Within less than a year, according to advices received by the Bankers Trust company of New York from 'its French information service; some 26 new French companies . nave Deen rgaiuaea r De velopment of France's colonial wealth. The capital of these companies ranges from 50,000 francs to - 75,000,000 francs. Specificims of the new. corporations are general trade, exploitation of for ests, fisheries, oil and cotton industries and improved navigation ; and transportation.'- - - . . Company I of the Washington Na tional Guard , was inspected and mus tered in at Prosser last week. . NEW TODAY 50 PIONEER CARPET CLEANERS Finest Carpet Cleaners la City f; ; We do all kinds of carpet cleaning, refitting, sewing, laying, resizing, binding, and dyeing, in our strictly, i modern equipped plant. . - r PROMPT, RELIABLE "815RTTCB - SATISFACTION GUARANTEED 24-HOUR 8ERTICE hll Siri steam Cleaaed.;.$1.50 : Plast aad Office, 1JS E. Lincoln St. Phone E. 6868Ws Call and DeUvsr LEASE SECOND FLOOR FIRST AND STARK STS-S SQUARE FEET i . y ELEVATOR ; C. A. WAGNER CO. U STARK STREET r Princess Chocolates Free There is a big, interesting an nouncement on Page 5 of Section 6 in today's Sunday Journal, which will tell you how you can get a box of these delicious chocolates free. Better turn to it right now, so you'll be sure to read it. NEW TODAY 50 Damaged Wheat and Barley We have secured all the damaged wheat and barley from the BIG FIRE AT PILOT ROCK, OR. This is the finest lot of damaged grain that we have ever handled. Tons of it are in perfect con dition. We will sell this grain in any size quantities. Special prices in carload lots. . J. Simon &Bro. , i. FIRST and ALDER 3800 Acres Columbia County Logged-Of f . Burned Over Grass SeedeI Sturm-Kefer Co. 1 14 "FIFTH STREET . acn built m UM - Psdfte Cost la 4-ft. seetloaa or aniu. Buy to b&sdl qr to met, aur ' abi Freight very low G 3stslocae. RE DIM A DK SUILOIfia CO PorUand, Or. K. lUb aad Mmrk.t or SOS Lewis Bide . rtMMns Eaat 611 er Mwf LAND 50 ESTABLISHED ISM ON TUESDAY NEXT AT THE BAKER AUCTION HOUSE WE SHALI SELI, THE FIRST i CLASS HBMSHlN(iR FROM THE HOME OF A PROMINENT PHTSI-I CIAN. WE HAVE MOVED THESE GOODS TO OUtt SALESROOMS FOB ! CONVENIENCE OF AUCTION. COMPRISING: Overstuffed Daven ports, Kasy Chair and Rocker, Daven port and Library Tables in mahogany. Rattan Settees, Chairs and Rockers in frosted brown and ivory finishes, costly Brass and Onyx Parlor Cabinet, Oak Library Table and Rockers. 9x12 Rugs, also Den Suite in Early Knglish, viz : Desk, Table, Rockers and. Chairs. Ma-: hogany Parlor Cabinet, two Shriner Camels, Drop - Head . Wheeler - Wilson Sewing Machine, Duofold Davenport. Mahogany 54-inch Top Dining Tablf . Set or-Ohairs, cane back tapestry beats, in William and Mary design : also Oak Dining Table and Chairs. Dinner Set. Andirons. Fire Screens, beautiful Quarter-Sawed Oak Bedroom Suite as fol lows : Napoleon Bed, large Princess Dresser, Chiffonier, Rocker, Chair and Stand : full size Brass Bed, Simmons Steel Bed. All Beds are complete with Box and other Springs, Hair, Silk Floss and Cotton Mattresses. Pillows. Sepa rate Dressers in oak, ivory and maple. Box Couch, WedR-ewood Gas Range with Kitchen Heater Attachment. This Range was used seven days. Kitchen Utensils and other effects. Also Roll Top Desk and Swivel Chair. AUCTIONEER'S NOTE - All the above goods are now or? dis play and await your-most carafut in spection. "You are invited to call tomor row, whether you intend buying or not. Alwavs; welcome here. AUCTION ON TUESDAY NEXT AT It A. M. On THURSDAY NEXT WE SHALL HAVE ANOTHER HOUSE OF FURNITURE TO OFFER TOU. THE GOODS CAN BE SEEN WEDNESDAY AFTERNOON. SALE AT 1 A. M. THURSDAY NEXT. We buy Household Goods for cash or will sell for you either at your home or you may have the use of our central ly located salesrooms. Phone us If you want to sell. ' Unclaimed Baggage Auction At the Ainsworth Dock FOR THE O-W. R. NJ CO., ALSO THE NORTHERN PACIFIC TERMI NAL CO. of Oregon. A VERY LARGE ASSORTMENT OF BAGGAGE, LIST OF WHICH CAN BE OBTAINED AT THE AUCTIONEER'S OFFICE. SALE TO BE HELD ON WEDNESDAY, FEB. 1, AT It A. M. On Feb. 25th Next UNCLAIMED FREIGHT AND BAG GAGE SALE FOR THE R. P. 8. RY. AND O. E. BY. " AT THE NORTH BANK FREIGHT HOUSE 11TH AND HOYT .8T8. DETAILS LATER. W. C. BAKER and W. H. DEAN . FURNITURE DEALERS AND AUCTIONEERS YAMHILL AND WEST PARK STS. PTTHIAK BUILDING DEKUM & JORDAN 4 FLATS WALKING DISTANCE, EAST SIDE 2 upper, 2 lower modern flats, 5 rooms and bath each. ; Corner lot. Building exceptionally1 well '. con structed and In best of repair. In come J165 per month. . WILL CONSIDER PART , TRADE Price $15,000 WEST SIDE LOT 50x100 1ITH : STREET NEAR YAMHILL Admirably adapted for lodge pur poses or apartment house. : - TERMS ; ' .. Price $14,000 SEE THESE DEKUM&M0AN S23- Chamber of Commerce Bldg. 4TH AND STARK STS MAIN 2333 Installment Loans oar IMPROVED NEW TODAY City Property From Oi to Tea Year NO COMMISSION Union Abstract Co. ; S3 FOURTH STREET 50 110 Tenth SU V Broadway 110 WESTOVER TERRACES . 'TortUndV Best View Homesttes" , : WHERE your home is so access-, ible from ALL ; parts of the city it ALL' times of the year that: its iery location Js a WELCOME to your friends to call upon you. Rain or shine, its homes command a beautiful view. They jenjoy all the, .quiet ami clear fresh air of the country, yet being only a' mile and a half from the very heart of the city, enjoy every city convenience, even- that of beinn within walking distance. WONDERFUL NEW HOME Just being completed. It has been built. up to a standard and not down to a price. Ten rooms. Complete in every detail, with' modern baths and heating equip ment. Automatic gas hot water heating system anl Ruud Auto matic gas hot. water heater in cluded. We believe this to be the HANDSOMEST and MOST LIVABLE home for the money to be found anywhere. Grounds have too feet frontage on Albemarle Terrace and are beautifully landscaped under the direction of E. T. Mische, land scape architect. Price $25,000. Reasonable terms. All cash of fers will be considered and might take in as part payment a well located smaller home. HOME BUILOER'S COUPON Harold Junerck, Secretary, IN , TKRNATlONALi HEALTH AS SOCIATES, 110 Tenth St.-, Fort . land. Oregon Without obligation, kindly send me full information about your artistic Home Building Plan and Payment Plan. Name Address 110 Tenth St. Broadway 110 RIVERA SEVERAL FINE HOMES .Modern in every respect, with wonderful views of river and snow-capped mountains, beautiful grounds, trees and shrubs well grown and ready to enjoy. RIVERDALE W ELL BUILT, WELL PLANNED A MODERN HOUSE ZThe houa fs set in the midst of trees and luxurious shrubs, only a block from Kiverside Drive and the river. The neighborhood is unexcelled. Would take a smaller house as part payment MRS. HELEN S. TURNER 10 Spalding Bldg. Main ll Residence Hiverdale, Main 7871 SACRIFICE $4000 Bearing Prune Ranch, 8 acres, no build ings', place needs care and attention, owner in East, must have funds; rice $2500; mite to street car, 5 miles from Vancouver. ATKINSON & PORTER 705 Main Street Vancouver, Wash. NOBHILLAPT. Walkinjr distance. Modern, A-l condition. Rental value nearly JM00 per month. No leases. $7000 cash necessary; balance 6. Price $21,000 E. J. DALY . 221 FAILING BLDG. Plumbing, Heating and Repairing Havinjr purchased the L. C. Huddle son Plumbing Shop. 188 E. Belmont, am now open lor business. PROMPT SERVICE r t GOOD WORK ; ARCHIE POYNOR THE PLUMBER i 1038 East Belmont ' TABOR t3I Portland Rug Co. ; FLUFF RUGS MADE F?OM OLD CAM PETS RAO RUQ A SPECIALTY CARFET CLEANINa. SIZIMO, REFIT , TINO Wt CALL AMD DELIVER 172-74 E. 17TH T. SELL. 2M NEW TODAY 60 AuctionSales BX 1HE WILSON AUCTION HOUSE . . TOMORROW ; (MONDAY) AT 10 A. M. ' v FIJIAIi' CLEANUP OF THE , AMERICAN HOTEL 'i Corner t Third and Flanders 'Streets ''. t ;. WEDNESDAY AND FRIDAY AT 10 A. M. AT OUB SALESROOM- 169-171 Second Street (Near Morrison) ; GOOD ASSORTMENT OF FTTRNI. TIKE, CARPETS, STOVES,, WISHES, i , , UTENSILS, ETC. ALSO GOOD ORGAN ATTEND OUK SALES FOR BARGAINS PRIVATE SALE DEPARTMENT . . .. ' , EVEYTHIXO TO FITRNISH YOUB t : . .HOME; ' IncTudins OVERSTUFFED DAVEN PORTS and EASY CHAIRS, BED DAVENPORTS, all kinds of LEATHER and WOOD' SKAT ROCKERS, LI BRARY and CENTER TABLES, BOOK CASKS. DESKS,- PERIOD DINING SUITES in mahogany and quartered oak. All kinds of BEDROOM Firit MMIIXfiS, CARPETS, RUGS, STEEL and 'GAS RANGES, HEATING STOVES, etc. . - , I Come in at your convenience. Our salesmen will be pleased- to show you through our stock. All goods sold at private sale fully guaranteed and de livered. - . WILSON .AUCTION HOUSE 169-171 SECOND ST. We Pay Cash for Furniture, Etc Call Alain 16SS BUILD A HOME IN 1921 SEE OCR WORK FIRST OUR li9 hGlf, 1IS1 WHhob 8 E. 7tn St. N. 671 E. S4tn St. N. 5 E. I2d St. If. 80 E. 14th St. N. 126S E, tSd St. S. E. eth SU N. S4S8 E. 4th at. S. e. sem su n. H. R. KIBLER A Kellahle Bnllder 31AKSHALL 07 SEND US YOUR OLD ' CARPETS (We Call and Deliver) Old Ruo and Woolen Clothlmj We Make Revert Ibie, Hand-Woven - FLUFF RUGS t 1 10 ft. Fluff Rue .. .S17.BO 3ft. Fluff Rue. ..9 4-26 RJ Ruae woven, e4l alzea, ciothea Oleen Ina ond dyelno dept. Mail ordera. Send , tor book lew MaUreeset renovated, made ever, made or order. Feather renovated. CARPET CIEANINO, REFITTING, ETO. largest mat Finest Equipped Carpet Cleaning ard Rallttinej Work In Uie - State of Oregon. Separate Factories. -U12 Rugs Steamed Cleaned, S1.SO. WESTERN FLUFF RUQ CO. 64-60 Union Ave. N. - East MIS (Ettabltihed Thirty-frve Yean) 20 Saved an your building by stt unit lyeUm, Fancher-McUtn Co. SOS-all 0 LEWIS BLDO. ROAOWAr SS6Z Fluff Rugs mad from -worn ' out carpets , at 60 savings. Woven to order guaranteed. 9 x 12 -rugs steam cleaned, (or .41.60 W clean, refit and lay carpets. . - PHONE EAST 68A ,- North wfnt Rug Co 1H8 East 8th 4lt. ' - .- -:. FLUFF - RUOS ' Made From AU Kind of Old Carpets On lilO Fluff Rug ...flS.00 One 3l t Fluff Rug ........ .S 4o , s . Other aixee in proportion . ; '' "-. Bas .rugs woven 76c per yard OREOON FLUFF 10S4 E. Stare St. RUO CO. - Tabor .714 BUSINESS CARDS W.'O. fMITH CO.. Ill Morsaa Hid. MEETING NOTICES . 102 PORTLAND BTAR HOME STEAD NO. 42. BHOTHKH HOOD OF AMERICAN TEO MEN Bounm meeting Thursday niaut, Feb. 1 0, in the TUrn Ve rein hall. 255 13ta at. IniUa- tioa. Kerreebmeiita. viaiton wel- eotBe. TETTA . HAINES, Correspondent. AHidiy hMg. Main iU5 lVANHOt; lluceeKlead o. li. A; Y. : Danee and card party on Wednesday, Feb. - 9. lt21. at Womrn of Woodcraft hall. 10th and Taylor eta. Cards at 8:30, dancing at 10. All welcome. Pearl Owens. eCor- reipondert, Kant - 7S1 T. ' Cnriatenaen'a ball, 1 1th and Vein hi 11 -eta., Feb. -UK Bur loda-e No. 21 . TiUa. Uxisa No. 124. North Portland lodge No. 230, "Wood lawn lodge No, 171 and Bebekaa lodges affiliated with them have been invited. Come and spend, a please at evening. , Ijeivring and card, good prlxee, plenty TefrenhmentJ. EAST GATE IXrx;E Na, 15S. A. r. and A.- M. E. HOth and Gll an. - Stated communication Mon day evening, 7 o'clock. Work in M. M. degree. Viaiton welcome. By order of W. M. O. Nelson, secretary. :- ' ' - NEW TODAT if JJL;- - ' ' v- --a 4 . L ' ! L jx's.'iiib iaa. 1 Jmftwi PAlEM'i"INK LOUtiK No. 141, A. V. and A. M. Special com munication Monday, Feb. J. 7 p. m., E.A. degree; vinitlng brethren wel come; Archer Place, lt. Bcott car. , By order of W. M.. : W. 8. Townaend, Sec'y. 102 Dance-", .; : . - ... - Tuesday Night For the PublJc Ye. Itmniem, Qif mhem n tfiii, thu It your dnte. the on you ha brn woil ln for. wIictb ynu luiva th tint of your life, dandy music, where the crowd l wy com nd you are mad to feel at home.- .lvtn by the live w-fre council, Anrhor'- Rt,.fl...... -u"''u . . . 746. Ncuunty W o v hall "fiy nilfht. Feu. 8lh. y. w. nail. Admiwinf, SR nni. JOIN THE CROWD COIN'O Kirkpfttrick Council 2J-J7, Security Benefit ajwnp iation, fU Vlenrine niuk hail next Friday. Feb. 11. Hmwt hall, Sd and Jefferson; large lialL fine llofr. balcony lor aperta- iwr . wi,, nwii i lainoun union mmic; fine priiea; adiuinslon only 85 ceiiln, includes war tax; juat the place for all to go and liaxe a (nod time. . FREE OPEN MEETING Kurrka conncil No. 204. Seunty Beiietit swwxlaUiJii. Monday tfrening. Feb." 7, Kant rilde- W. i V. hall. Kat U and Alder. "arU-. 60D, entertainment and dancing. t;ood (irixes. Fine ubion iniuic, .All welcome. M. I.. Joliiuon, Kjrury. HARD times dance, given by the t'ourt of Honor Life associa tion at W. t. V. temple, 1 S.H lltb t., Friday evening, Feb. 11. 8ilendid floor and firt '-Is-k mu aic. Popular ttcea. l'ublii; u viUil. LlHKlt'l t' ASSKMB1A" NO. ttH, I nurd Artisans, glvea a danre Wedncwiay e re ining. February 0, at lt Hide Wooil- men hall. K. 7tl and Aldur ta., for benefit of cadets: prixe wolt end other ineciat leaturea: Heilkcniiwr ArUi-an ntf cliestra. Members and tr lends iuviled. Admission Hie. 1 Mllit lAl, t;liit ol Vsm liiKtou (ommanrtery No. 15, K. T., will be, lild TucmIhv erening, Fibniary H, at 7:aO ,t m. The order of the teni-l , I iriilirt I ii 1 1 1 I I mt T a .h.nk ' K,.i,ttir,nrf I , u oe ctmirrmii i. tium i sir kuiohU cordially tnvlteil. i' i P. F.IHMAN, f!rnrdrr M. V. A., Uime City Caeup No. &4Utt. meets every Mnnday. M. W A. hall, 8 lltU at. (near Stark ). ' Y inllont welcome. Kncial and- dance second Monday rirh month. 1.. H. lxiwn- tng, oonsub J, V. Hilnmotu, clerk. 318 Veuii bldg. j CM B I. KM AVk.I.HV a .ieri.liv. buiuins, pin, e harms. Jaeger Broa.. 181-1H3 Bih at. DEATH NOTICES 103 WAl.liMAN In um rily, Feb. fi. l'-Jl. tuul Waldmin. aged 64 years, brother of Mrs It. lent"eli. Ik Tths Waldmuii. Mis. M. J iinlilherg end Simon WaldmAn of this city. Funeral " ieea will be held from the family residence, 41M. VaruliUI street, on Monday, February 7, lU.'l, at 2 p. m P.HtVV'NIN', In Una city, Feb. j, Aune 8., aged B7 years, wie of Itohrrt tl. Itrowning of HK Overton et., and mother of Henry H. l'.rowning of Portland and Mrs. .Msinr. t It. Burt of Han Franriwo, al. The ren.alua are at Finlry'H Mortuary, Mnntgonury at 5th. eftce f- fitnernl hereafter VAKNKV In Una city, Feb. 6, V. I.. Vernr. aged oft yer. ltemuin re at the cnnnrf'wi tnry nhaiel of Fast 8tde 1'imeral riirtctnrs. 4 I 4 K. Alder, cor. Miith st. Notice of fun. ml i;l he aiven in. a lntr i.ne' 1.I.IOI I In this, city, Keb. gu F.lmii, aged K3 year. Itemsitts are at- the ftiHfirMt parlors of A. I. Kenworthy A t.'o., 6HU2 Oi U2,i t H. K.. in 1-entK, lAVlNA In tlu. city, K. Ijhiib, ae-d 4l yean. Uemaiiw are at the funeral parlorn nf A 1. Ken worthy cV Co., liH(t2 04 ud st. tj. in lnM. FUNERAL NOTICES ! 104 I'ickfeHiNU -ileb, "4r at the lljlly rei(elice, 88 Eaat 76th it, tjeorge B . sged 21 yearn, son of Mr. and Mrs. Fred 8. Pickering and brother of Fred M. and Marie Pickering of tin city. Tba funeral service will be held Monday, Feb. 7, at 8:30 o'clock iV m , at Ftnley a Mertuary, Montgomery at Fjfth. Frleuda Jn viled. Concluding servue, i Portland t'rema toriiim vault. Cil IISABKL In thiH city, !-( 4, Charles f ttchnabel, age 8a. husband of Fha Anna Sehna bel, 7Bft Park eve., and father of Mrs Kdsrard O'Veil and Charles If. Kchnabel, of Portland.' The funeral service will be held Monday. Feb. 7, at 2 p. m., at the Unitarian church. Broad way and Yamhill at. Friend invited. Con eluding service, Portland Crematorium, private. J. P. Ftnlcy A Hon, director. EVANB Feb. 5, at the family residence, 131 JS. Bvrenson St., John H., sitej 64 years, hii band of Itoeanna K.rsns, and father of Mrv i. I. Alexander of Independence Or., and Mrs. 1. I. Btapleton of St. Johns, (rF. The funeral service will be held Mondsy, Feb." 7, at 2 p. m., at Ftnleya Mortuary. Montgomery t Fifth. Friends Invited. Concluding service, Itirerriew cemetery. PfclliYt1iUI Feb. 4, at the family rii.)ene, SO W'eidler St.. Willard, aged lo years, sen of Mrs. Ij, II. I'eddycord. The fun.-Bil ser ice will be held Monday, Feb. 7, at - o'clock p. m., ,Bt the above reaidence. Friends in vited. Concluding service, Kose Cijy cemetery. The remains are at Finleys Mortuary,- Motil gomery at Fifth. . SAPKUSTliCN in this city, RE K, TMT. r Tillie Seperstien, age 27 years" beloved wife of David isaperaurn. mother of ttyWsa and Al fiord Haperstien.' Friends invited, to attend the funeral service at the residence, S73 Fourth st,., at 2 p. m., Huniluy today), Feb. 0. Be ntaini at Holman's parlors, al and Halmon sis. b.MKKn lu this city, Feb, T7Wn. Mender, aged tttl ' years, beloved mother of Mrs. H. K. Judge of IortJand. The funer.l service will be held today (KuntLsy) at 2 p. m , at the Portland Crrraatorium, 4Lh and'Byhee sis. Friends invited. J. P. Fuilry A Hon, directors. UO'l CHAM. The funeral aemco for the lie . Caroline A, UotehaU of 61. aht 27U St. N . will be held Monday, Feb. 7, at 1 p. m. , at Finley s Mortuary, Montgomery st Fifth. Friends Invited, Coucludins service, Blvec View mi tery. - WILSOS In this city. Feb. 4, rwt L. Wilson of BC Johns, age 27. years. kuneral aervicea will be bald Monday, Feb. 7. at 2 p. in mort uary cuapel A. I). Kenstorthy A Co., 680 04 S2d at. 8. K, in I-enta. Friends Invited to at tend. Interment Mount Boot oemetery. Mllll'IIV At UW3 K. 2Htto at. N.. Feb. IT, Mary EUzabeth, ael S montbs, infant daugh ter of Mr. and Mrs. Fd Murpby. Funeral will be bald from residence Monday, Feb. 7, at 10:30 a. m. Friends invited. Interment Mt. Calvary cemetery - Mcr.ntee and f.iten, direetor VVAhl'MAN la this city, a-eliruery b, l.mil Wakllnan, age r,5 years. Funeral services will be held Monday. February 7, at 2 p. m. from his late reaidence, 4U Yamhill atreet. Friends invited to attend FUNERAL DIRECTORS 105 East Side Puneral Directors - rORMEULY r. S. DDNNIN6. ino. "Tba Fasoily Sets the prion." 414 WL' Alder St. Phone F.ast S3. EDW. HOLMAN cc SON (WALTEB 1. HOLMAN) Puneral Directors THIRD AND BALM Of STKKKTS Lerch. Undertaker CAST KLRV1TNTH AT HAWTUOIiSB PHONB CAST 7S1. A. D. Kenworthy z Co OBOZ-DOU4 TtZU ST. B. au., Lf .MS Ant. S1S-21. Home Phone 7-0t. Dunning is. McEntee Morrison tt, at 12th. Brosdwsy 480. Ant ,'45-M. 1 HAMBKlta i,. . ' Funeral Lh rectors. AO the Ctmvenienees of a Rome, tfoodlawa S80S. 24n-'J50 Killlngswortb Ave. TJ nr RVDMPQ re-uieuce e- I e X I IVil 1UJ tabuahmenL S01 WllHams see. WonlUsa 920. FINLEY'S MORTUARY MONTOOMKRT AT FTFTTf. MAIN H1U.LU TKiLi.1, independent' luoeral u- sectors. Prices aa tow as 20 40, Waahinston at Kila. Main 2B1. A-78XS. UiHXlMi M NfcMAH A bumeiias I' Moderate in pricai. Eset ft 4 Irvingtas dutuicL i'l MKMLli t-li.fcltS. funeral parlor, vnth ail the privacy el a home, 1 th and KvereU ate. fnonest Hrostdoev d l on. nom n-io. a 1 ' . . . , 1 . Oir,tVC3 A-2S21. Corner Third and Clay. Ittreeze&SnoOitgtfVtV n;m..n w. ' . R teller CO.phoaa. Asrt li..S MEETING NOTICES ill 1