THE 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