davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1921-02-17
Bank Stocks Sell Above
Market at Auction Here
Nearly 1000 Shares Sold at Fig
ures Almost in Line With
Quoted Bid Prices
NEW ISSUE

Nearly 1000 shares of stocks Of i'm
portant local banks We're sold at auc-
tion by Adrian H. Muller {; Son yester-
day, many Of them bringing prices
above open market bid quotations..
-Four hundred and fifty shares of
Guaranty Trust stock brought 1913 a
share against bid price Of $312. while
ninety shares of Mechanics and Metals
sold for 1910 Share. the market bid
price is 1895. Fifteen shares of Corn
Exchange sold for $305 share against
3 quoted bid price of $500.
Sales at auction yesterday follow:
500 shares Humbolt Consou-
dated Mines Co.. 81 each lot $500
Is shares Corn Bxchange
Bank 500 each, per
$4,000 Second Avenue Railroad
per cent bonds. due
1Q4S, Guaranty Trust
Co. certificates of de-
$1,000 Peekskli psis Lighting and wv s'''
Railroad Co. first mort
gage per cent bonds,
due 1880 ........... Si.25
100 shares Mcsherry Manu-
featuring Co. preferred,
10 shares Acshersy Manu-
per share ,..........,.. $1,000
10 shares Sanger Picture
Plays Corporation ..... lot, $500
% shares Milford & Ux-
bridge Street Railway
Co. common, 800 each,
per Bhare ........... $1,000
ESQ shares Willie Road Con
structon Co OF America. lot, $500
100 shares Hooker Electro
Chemical Co. pr, per
2eo shares Cheinical National
Bank, 500 each. per
share ...,......,'..... 3515.oo
500 shares National Bank Of
Commerce, 800 each.
per share .,.......... $4,000
80 shares Mechanics and
Metals National Bank,
~ 400 each, per share. $4,000
29s shares Bank OF Man
haitian Co, $50 each,
per share ............ S1s4 90
$50 shares Guaranty Trust
Co. 500 each per
-. share .,-:......:......., s31soo
and Trust Co., 500
each, per share .... s335 O0
6Q0 shares Ma anhattan Transit
Co. ..,..a+..........;,., lot, 5000
share Commonwealth
Hotel Construction Co. s4sOo
New-York tribune., 1921-02-17
Financial Items

Win q the Superior OIL t,orporation, but
soys,Ssao ,SsoftiEuc his relations with the cor
'ta,sin IN an advisory capaeIty and Will
stfh ~ Director. X. G. Davies, formerly
ssSssa president ana Is1s general man
is5bss.t. ehaFss of the operation of the
y thls and arg has takon over the duties
eifsttar Taylor has been elected a
ts an et tho Guaranty Trust Company
sa.s vacancy in the board The Guar
lraasser uss Company has been appointed
tae Rs,h agent and registrar OF stock of
~AttSstss1 Chornieat TsorronnV
New-York tribune., 1921-02-17
Dakota Financing Off

MINNEAPOLIS, Mimi, Feb. 16.-Ne-
gotiations for the sale of North Da-
kota state bonds by Minneapolis and
Chicago investment firms have been
suspended, it was learned to-day The
sale of s6,000,000 in bonds had been
contemplated as a means of putting
North Dakota back on sound financial
ha acic
New-York tribune., 1921-02-17
Union Oil Of California

Net profits, after charges and fed
ersl taxes, of the Union Oil Company
Of California for the year ended De
cember 81, amounted to S12,03e $50,
equal to S24,0T a share earned on the
S50.o0o,0o0 capital stock, compared
with s10,ess,253 or S22.95 share
earned on the s46,314.sU0 capital stock
IN the preceding year, according TO
statement issued yesterday. Net earn
New-York tribune., 1921-02-17
Iowa Bank Closed

q DEs MONIES, Iowa, Feb. 49, The
Union Trust and Savings Bank Of
Sioux City, Iowa, was ordered closed
today by the State Banking Depart
ment. NJ. V. Henderson, state banking
commissioner, has been going over the
affairs of the company for several
days. The bank was reported over
New-York tribune., 1921-02-17
la,' 1sse HeIp on your gncom. Tax.

e gdas l.i - heep q running Inerlorandurn
s'se r,aa, .neoine during the year you will
sizing NJ zeal of time when Il comes to
sssop,,s Income Pax Data 49, q esnvebsi.t con-
e lalsss a"a 3er this purpnse, based upon
sssps MAY 1heone tax schedules. A free
taerigh 4 9e had by addressing Alnes.
Afss. 90 III BFoadway, New York.
New-York tribune., 1921-02-17
Dividends
Rx.ea

National Transit Company-An extra
dividend OF SO cents share has been de-
clareG, payable March IL 70 stockholders
OF record February 2s.
New-York tribune., 1921-02-17

ings were 22,642,l90, an increase Of
S4,l47.314.
New-York tribune., 1921-02-17

! -. 34a " est Shore
So Bel! r & 4s 1851
r SIS 1871 IL ~. 75
i . s2k Wilson Co lst
So Pacific oV So 1891
IS 1899 -. 80
: .. 7s cy So le3s
I 49,. 7sts .. IS
71Tst 4 SIS,
New-York tribune., 1921-02-17
Take Your Pencil and
Figure This Out

SUPPOSE $4,000
check the end six months will be $50 Add
will have months a
purchase SlO0 Staus Bond compoundng your interest
Then at the end Of another up amount again
and SO on
BY following this plan you will
double your money in EN- years.
The second months you will S3and each sue
ceedng half the will be smaller of seven
interest will without adding
to it, and leave % in
You figure other combinations yourself The Strous Plan
affords the
Strous Ser1lce will like handle every YOU renesng
your interest automatically And the safety
quesonabeas shown by loss to anv
investor Let us tell about the Saus
booklet Common Sense in Investing Money
New-York tribune., 1921-02-17

Copyright, 1891, by g. ". Straus Co.
New-York tribune., 1921-02-17
Other Corporations

fBklyn Ed Co 1927
SO \ 1949 I go. 631s
l ~ 1915 c r I & p
! lRklrn L T 7aI gnl IS 1888
New-York tribune., 1921-02-17

4s 1888 -,
Ter :; f55s = !. ives, paoiao
. -. 6Afs 6s 1929
! 80. SAX / 49,. sia
'st p & * CS , -. S1a
l. 4ias 1871 West Union
-. e3A 5s 1883
San An & 4 ! -. sg1.
IS lS4 i - westtnsh Elc
Capital journal. (Salem, Or.) 1919-1980, 1921-08-10
iSalenlite One
Of Reorganiizers
= Morris Brothers

A. M. Tanning of Salem is one
of the incorporators of the Morris
Brothers corporation, organized
for the purpose of taking over the
defunct Morris Brothers bond
house in Portland, and for which
articles of incorporation were filed
with the state corporation depart
ment here today.
The other incoroprators are Le-
Roy Chambers, J. D. Duback, s. g.
Jaggar, r. A. McGuin and H. y.
Lake of Portland; Charles Glove
land of Gresham, ]. M. Clapp Of
Seattle and James C. Cunningham
of Walla Walla.
The new corporation is capital
lied a. S2,90O,0O0 of which ST.
100000 is common stock and Sl.-
100000 preferred stock, cumula-
tive, bearing 6 per cent interest.
The articles provide that no div
idends are to be declared on the
common StOLA VI lAC vi bN@ e~NAS--
while there is any preferred stock
outstanding. Instead any surplus
accruing will be allowed to aeeu-
mulate for the purpose Of retiring
the preferred stock at the option
of the corporation at SL03 a share
and accrued dividends. --olders cf
preferred stock which is called in
for retirement. however, are to be
permitted to exchange their stock
for common stock If hey prefer
rather than sell it outright
The corporation has been form
ed. it has been announced, with a
view to putting the trust in legal
form to bid for the assets Of Nor
ris Brothers, lac, and to liauida-s
the holdings Of the company to the
best advantage TO the creditors.
Capital journal. (Salem, Or.) 1919-1980, 1921-08-10
Chinese Protest
Any Renewal Of
Anglo-Jap Pact

Shanghai, Aug. 10-The Shanghai
Chinese chamber of commerce
heads a group Of twenty Chinese
bodies in Shanghai in a vigorous
protest against any renewal of the
Anglo-Japanese treaty. Messages
setting forth the grounds of the
protest have been forwarded to the
American congress at Washington
the assembly in Paris, the British
cabinet and to pariiaments in
London, Rome, ottawa, Melbourne
and Calcutta.
The protest directed to the
British parliament in part says:
THE Anglo-Japanese alliance
heretofore has weakened Chinese
esteem for the British people ow-
ing to aggression of japan at
tributed by all the east as having
arisen from the treaty. If renewed.
the feeling of Chinese citizens will
certainly, be aggravated having a
direct influence on trade"
Capital journal. (Salem, Or.) 1919-1980, 1921-08-10
President Plans
Long Vacation

Washington. Aug. TO- Should
congress recess late this month,
President and Mrs. Harding may
leave Washington for an extended
vacation. No definite plans have
been made. however. IT was stated
today.
The president has hoped thai he
might make trip to the Pacific
coast this fall. but it is not now
considered likely that he will set
that far away from Washington.
On Armistice Day, Nov. IL. the
president will speak at Arlington
cemetery here at service for the
unknown dead and on the same
day is expected TO deliver an ad-
dress opening the disarmament
conference.
Capital journal. (Salem, Or.) 1919-1980, 1921-08-10
Escaped
Convict, Still
Eludes Capture

Penitentiary officials are still
looking for Jim Ward, convict.
who escaped Friday and was later
reported to have been in the vicin-
ity Of Jefferson. The report of the
posse sent to jefferson, Monday,
where nothing definite was de-
termined, is the last word tina. nu-
thorities have issued.
Authentic reports say that Ward
slept Saturday night and had
breakfast at a farm home neal
Jefferson. Sunday he visited an
other ranch about three miles
north of that place, it is stated,
where he was we'll armed and car
ried a big roll Of money. The de-
scription of the man seen and the
convict are said to tally precisely.
Capital journal. (Salem, Or.) 1919-1980, 1921-08-10
Business Mem
Invited ToHear
Herbert Gordon

Known as the best authority on
taxes, Herbert Gordon OF Port
land, president of the Lawyers
Title and Trust association, will
speak tomorrow at the regular
luncheon Of the Marion County
Realtors association on the rela-
tion of taxes to the real estate
business.
The realtors association has ex-
tended an open invitation to all
business men of Salem to attead
the luncheon which will be hela
in the Marion hotel at IL o'clock
sharp, and will leave out the reg
ular order Of business in order to
give more time to the speaker.
Besides being an authority on
taxes, Mr.. Gordon is a politician
of note and is being advocated Gs
the next mayor of Portland.
Capital journal. (Salem, Or.) 1919-1980, 1921-08-10
Canneies Are
Silent AS To
Prune Prices

While admitting that they
would undoubtedly handle some
prunes this year, local cannery-
men were silent today in the mat
ter of estimates Of what their
packs would be and whether or
not the price to be paid would
reach the $3.50 per bushei mark.
The prolonged drouth over the
Willamette valley is cutting TO
still lower figures the prune crop
estimates. which we're short early
in the season. because of the in
creased dropping of fruit in the
orchards and many growers are
reported 70 be figuring on market
ing their prunes TO the cannersfs,
rather than assuming the expense
Of operating their dryers to handle
the small pick.
In the Dallas district the inls-
pendent growers, who own prac-
tically all OF the larger orchards.
have announced that they win sell
to the Gamers II they can secure
$3.50 per bushel. Few Of them
have made any preparations 70
operate their dryers. many having
their contracts for wood.
Should the cannery prices faii
to a level which will making dry
ing financially preferable. Il Is ex-
pecied that the growers viii rooi
their crops and hande them ia
Iome Of the larger dryerA
Capital journal. (Salem, Or.) 1919-1980, 1921-08-10
Dried Fruit
Market Now
OnUpGrade

The market for dried fruits has
reached its lowest ebb and the
trend from this time ON will be
toward better prices and a strong
er demand Earnest S. Sergeant,
president of Butler G. Sergeant,
Inc, OF New York, one Of the larg
est firms dealing in dried fruits
in tie country, told the $50 mem
bers of the Oregon Growers CO.
operative association and others
interested In the dried fruit situ-
alton, at the association picnic at
the fair grounds this afternoon.
1.-THE dried fruit market has
reached bottom and must soon be-
gin it's upward trend" Mr.. Ser
geant said. "The growers OF the
west are, of course, dependent up
on the eastern markets and those
markets are rapidly coming out
OF the slump in which they have
been floundering for several
Mr.. Sergeant explained that
there was no reason to expect the
market to be as flourishing as
during the high tide seasons of
the war period. because OF the
tighter money market. Crops
which were moved in three or
four months during those times
will now be stretched out over
seven or eight months he declared
Mr.. Sergeant declared that the
hold-over prune crop would be en-
tireIy cleaned up before the new
crop reached the market and as
serted that there would be no diff
ficulty in moving the new crop,
claiming that his firm alone would
be able 20 handle the entire crop
of the state Of Oregon.
CondemninR cooperative asso-
Citations of growers for the failure
to create sinking funds from year
to year to carry them over lean
seasons, Mr.. Sergeant pointed cut
that such associations must estab-
lish themselves on better business
basis and learn to take the losses
which private enterprises expect.
Capital journal. (Salem, Or.) 1919-1980, 1921-08-10
Defense Says
Trunk Body Not
Mrs. Mahoney's

Seattle, Wash, Aug. 1O.-The
mulllated body found in a trunk
N Lake Union here Monday is not
'nat of Mrs. Kate M. Mahonev,
wealthy Seattle woman who dis.
appeared last April, Lee Johnston,
.s'orney for James e. Mahoney,
sae missing woman's husband. de-
elared today.
PREVIOUSLY number of persons
nAu positively identified the body
ss ihat of Mrs. Mahoney. Ma
money who has been held in the
y. s'un'y Jail here on several charges
:, iOfgery, was transferred to a
sO'ilary cell in the Jail after the
BODY was found.
'Ohnston declined to state his
..s .s&sons for asserting the identifi-
N@.lon was erroneous.
The state cannot prove the
Duoy 10 be Mrs. Mahoney's" was
eli be would say.
Capital journal. (Salem, Or.) 1919-1980, 1921-08-10
Jim Lee Guilty;
Chung Freed Of
Opium Charge

Jim Lee, local Chinaman
charged with frequenting an
opium joint, was fined $40 and
sentenced TOGO days in jail while
Lee Chung, arrested in the same
raid was dismissed in the police
trial of the two men this after
noon.
Jim Lee, operator Of an opium
pipe found working in a room at
-85 South High street when Chief
of Police Moffitt and w. ]. JEFF
ries, of the state narcotic squad,
raided the building last night,
spent the night in the city jail
when he was unable to furnish
the $50 bail asked for his release.
Lee Chung, also found in the room,
was charged with frequenting an
opium den, but put up S25 and
was released.
Judging from the two taals Of
clear opium, half pound of yen
shee, an opium pipe of expensive
quality, needles. eight lamp bowls,
alcohol lamp, scales and torn play
ing cards ton which the drug is
sold) the officers believe they
have put the lid on the source
from which most of the addicts in
Salem have been securing their
supply of the drug. The opium
seized is said to be worth IN the
neighborhood of $100.
Chung is believed to have been
peddling the opium to the local
patrons of the dreamy pipe.
Capital journal. (Salem, Or.) 1919-1980, 1921-08-10
Repeal Of
Profits Tax
Agreedo on
House r. epu bliealls
Decide to Eliminate
Sur Tax and Trans
portation Taxes Also

Washington. Aug. 1O.-Repeal
OF excess profits tax and income
Hsurtaxes above SO per cent, effec-
tive as of last January one, and
all of the freight and passenger
transportation taxes, as Of next
January was agreed upon today by
republicans Of the house swaYs and
means committee, Chairman FORD
ney announced.
The committee majority also
agreed to increase the normal in
come tax on corporations per
cent, making total Of l5 per cent
instead Of II hper cent as sug-
gested at the White House tax
conference last night. A $4,000
exemption on corporation income
was understood to have been re-
tained.
Oppose Railroad Funding.
Opposition to the administration
bill for funding about $500 .00C. y
900 for the railroads developed
openly today before the senate in
terstate commerce COMMITTEES.
Senator LaFollette, republican,
Wisconsin. opened fire ON the bill.
while democratic senators charac-
terized the proposal as loan to
the railroads. Senator Pomerene.
Ohio. referred to 1t as a hand
out"
Director Meyer, of the war H.
nance corporation, defended the
bill vigorously as a measure for
general countrywide as we'll aa
railroad rehabilitation and denied
that it was a loan or handolt.
Bankruptcy Followed.
Senator LaFollette referred TO
loans by the war finance corpora
tion to the Brooklyn Rapid Transit
company and a New Orleans street
railway company which he said
son afterwards became bankrupt
The senator said he did that to in
dicte "how business was trans
acted"
Director Meyer replied that he
regarded the B. r. T. loan as
eventually good" and said the
New Orleans loan had been paid in
full.
Capital journal. (Salem, Or.) 1919-1980, 1921-08-10
Canneries Plan
to Start Pear
Operations Soon

Pears, now being picked at
Roseburg and other southern Ore
gon points for shipment TO the
local canneries. are being loaded
into cars and will begin arriving
here the latter part OF the week,
according TO information received
today.
Allowing 10 days for the fruit
to ripen to the canning stage, ii IS
estimated that the canning opera
tions will begin about August Is
or 20.
Capital journal. (Salem, Or.) 1919-1980, 1921-08-10
Wrecks
Laid To
Current
Discovery of Freak
Currents Due to Cross
winds Believed To
Solve Disasters

w..bington. Aug. 10.--A baf-
e,ng phenomenon of ocean cur
III III. tendencies, just discovered,
s.ohahly accounts for the loss
p.tnrdav Of the steamer Alaska
md N lives on the California
soast. it was announced here to-
day BY Colonel Lester 3. jones'
director Of the coast and geodetic
survey. Winds driving parallel 10
ne Pacific, he said, set up new
currents which, unsuspected by
nayigators, drift inland instead Of
sxsctly in wind direction.
Girls's Body Recovered
Eureka, Cal, Aug. 10. Tne
body Of six year old girl was
identified at the Eureka morgue
today as that Of Elaine Dyer, OF
IaGrande, Or. Only two bodies OF
the eighteen washed ashore here
from the wreck Saturday night OF
the steamer Alaska now remain
to be wholly identified. The bod
les not identified are those OF
crew members.
San Francisco, Aug. 10.--The
ank steamer Oleum arrived tor
day with the bodies Of DR.. ]. A.
Morse, Spokane, WASH, and Miss
Ruth Hart, Pendleton. Or, vic
tins Of the wreck of the steamer
Alaska off Blunt's reef, south of
Eureka, Saturday night.
The recovery of these two bod
les and the two additional dead
washed up last night on the beach
near Eureka, bring the known
dead to 20 and the known missing
to is, according to the records OF
the San Francisco Portland Steam
ship company, owners of the Alas
ka.
The official government inves-
tlgation of the Alaska's sinking
is scheduled to begin today be-
lore John X. Bulger, supervising
Inspector of hulls and boilers.
Bodies of five of the Alaska's
aead arrived here by train today
from Eureka. The bodies included
.aal OF Mrs. W. j. Grimes, Port
land.
Capital journal. (Salem, Or.) 1919-1980, 1921-08-10
Eight Fires In
Siuslaw Forset

Eugene. Or. Aug. 10.-The for
ests are becoming dry and the fire
danger is increasing forest Off
cials report. Eight small fires
were spotted Monday by the look
cut on Roman Nose mountain in
the Siuslaw national forest. None
II the fires reported is believed 20
have gained any headway yet. For
est officials feel that II they can
get through August without any
serious fires. September will bring
rain and lessen the danRer.
Capital journal. (Salem, Or.) 1919-1980, 1921-08-10
Salem Firm Files
Answer to Suit

Stating that the plaintiffs
raised their prices on patterns
contracted for. the firm Of Ros-
tein and Greenbaum, filed their
answer to the complaint Of the
Home Pattern company Of New
York asking for judgment ~
s557, due on bills.
The answer stated that the firm
was to have the patterns at
given price. and that the New
York firm failed TO send a list OF
the old patterns. causing a loss
10 the Salem concern Of s157-74-
The defendants ask that the suis
be dismissed and want a judg-
meut from the court Of sI57.74.
Capital journal. (Salem, Or.) 1919-1980, 1921-08-10
Ottenhimer Pays
Fine for Driving
Against Traffic

H. ]. Ottenhimer OF Portland,
formerly a hop dealer in Salem.
pleaded guilty to a charge Of driy-
ing his automobile or the wrong
side Of Commercial street before
before Police Judge Earl Race
yesterday afternoon and paid q
fine of IS.
The charge on the police bloiter
against Ottenhimer, who said that
he had recently presided over a
safety first traffic meeting IN
Portland, was that Of driving cs
the wrong side OF Commercial
street at the rate Of 35 miles an
hour.
Capital journal. (Salem, Or.) 1919-1980, 1921-08-10

Inc pItobuCIS WSFt IClSuSGu uH-
der the promise made by the soviet
authorities at the time help was
accepted from American relief or
ganizations for famine suffering
Russia.
OF the released men Captain
Fitzpatrick of Uniontown. Alaha-
ma, was captured while on Red
Cross duty with General Wrangel's
forces In South Russia.
DR. Estes and Flick Of New
York are moving picture photogra-
piers who went into Russia and
were imprisoned last year. LaMarc
also Is New York man.
X. b. Kalmatiano OF Racine has
been in Russian prisons for near
ly three years.
Brown in Conference.
Walter l.. Brown, European di-
recton of the American relief ad-
ministration, Herbert Hoover's
organization. through which 1t has
been planned chiefly to administer
the proposed famine relief, arrived
in Riga while the six Americans
set free we're on the way to Reval.
Maxim Litvinoff, the soviet envoy,
reached here about the same time.
Director Brown. 1t is under
stood, will insist that every bona
fide American in Russia, either in
or out OF prison must be given an
opportunity to leave Russia before
the negotiations can begin. The
state department has provided him
with a list OF more than 100
Americans still in Russia.
Preliminary negotiations be-
tween Director Brown and M.
Litvinoff were opened this after
noon. The American representa-
tive asked M. Lityinoff what the
soviet governments intention were
regarding the freeing of the other
Americans in Russia. The con
Capital journal. (Salem, Or.) 1919-1980, 1921-08-10

ense, 29,94s; passenger cars from
other states. 1864; light duty
trucks, 1870; trucks of lis tons
and over. 1914; motorcycles. 4sS;
horsedrawn vehicles, 1541.
The census shows the Pacific
highway to be the most heavily
travelled in the state, 1892 vehi-
cles being counted at the New
Era bridge, south OF Oregon City
on the three days, as against only
1885 counted at the west city
limits Of Rainier, the heavy traffic
point on the Columbia river high
way. Only Is vehicles, of which
13 were passenger automobiles,
crossed Sage Hen hill on the Cen
tral Oregon highway in the three
days.
Capital journal. (Salem, Or.) 1919-1980, 1921-08-10

Jitneys Constitute
- Percent of Al
Highway Traffic

Passenger automobiles bearing
Oregon license plates constitute
72.8 per cent Of the traffic over
Oregon highways according to a
traffic survey just completed by
highway department. The count
which was made continuously be-
tween the hours OF a. M. and
10 p. m. on uly Is, .16 and II
covered LOT points on 70 state
highways. Pleasure cars from
other states constituted 14.5
per cent, trucks OF 1.5 tons or over
3.2 per cent, motorcycles IL per
cent and horsedrawn vehicles
81 percent.
A total of 41,126 vehicles were
counted in the three day census,
these being classified as follows:
Passenger cars with Oregon lic-
Capital journal. (Salem, Or.) 1919-1980, 1921-08-10
Weston, Iowa,
Bank Is Robbed

Weston. Iowa, .sug.s l0.--Tne
Weston State bank was held up
and robbed today by two men who
escaped in an automobile. They
secured about s2500. Weston IS a
small town on the Rock Island
railroad a short distance from
Council Bluffs.
Capital journal. (Salem, Or.) 1919-1980, 1921-08-10
Big Audience
Hears Concert

Probably the largest crowd that
ever heard a regular band concert
in Wilson park was present at the
closing evening last night in the
summers series. It was much the
largest that has attended this year
which is declared the best season
ever experienced in respect 70 the
size of the audience.
Mrs. W. H. Prunk, soloist, who
has been appearing with the local
band throughout the summer, re-
ceived a cordial welcome from the
crowd and responded again ana
again to the calls.