Capital journal. (Salem, Or.) 1919-1980, 1921-02-07
Pl,ces OF
|ionAreOn
Bollrd Basis
4io,l Accomplish
land Prices On
lWar Level Says
lptrOller

Formed coilsio'
a.scribed as his seventh
report"
|on obviously inevitable n
has come. he said and
many basic commodities
& aatarials have returned to
Ierels or below. ut T. now W
tor the middleman," he
40 adjust his profits to
Z Drices before the ultimate
will receive the benefit OF
H. cost of living"
.sucr Wages Needed.
4 boweyer, must soon de-
wbether a shut down and
Ii preferred to a lower
h which takes into consid-
~ lover living charges,
mtion by labor with cap
.e,s uos suggested as the
.eiple to restore business.
conditions abroad be-
Ore settled or stabilized"
summary of the present
.apd when at home much
siustments are effected in
d the consumer of steel
DrOduCts which are still
Al twice their pre-war
rd when coal for which
.rrment itself has paid in
lOuths as much as four
| ws-var price, and GER
h commodities which are
r. kept up artifically os as
q mOnOpolistic control
I the pe.yar figures get
normal leyeL our country.
bpon a new and, let us hope
brihg era Of prosperity and
progress
sh hlures Few.
the fiscal year ended
lNa, the comptroller
PH we're S157 national
GRatlOn, the high num-
RpOred, and despite diff
ihtg made the rest record
pity from failure in about
b The pencentage of the
failed banks to the capi-
banks, he explained, was
} One-thOusandthS of one
Or sixteen times better
average for the entire 81 |
Fe the Inauguration of the
ed resources of all banks |
Puntry June 80, 1920, in
alional, state and federal |
ne comptroller said, ag-
ESl55,7O4.OOO.
loaIS Are Heavy.
showing for the first |
BUSINESS of the principal |
4 from national banks
eh'ed by the comptroiler |
discounts November Is
Aia' aggregated S13,7G4,-l
which loans to farmers
Oak ralsers, amounted 10
EyeO Or IA per cent: loans
turing concerns approx
'o-' 900 600 or 81 per
F.erchants, mercantile con-
vlduals in the jobbing
l',u trade wholesale and
Ioi'VVV'OOO or &c per cent,
Is'tu TO bond and stock
% dealers investment Sc.
segregated $664,OO0,gOO:
r. shipping companies,
N. .' ana power companies
III while the loans to
men, including dec
|sLs, teachers, chemists.
a.. aud clergymen amounted
's"UvV' Miscellaneous
s-,sd ..s. to about $4,000 coo
,sI. ceni Of the total. |
|'iul ||t.lnings of the nationall
4 the past fiscal wear
NlOs, 100000 while
H. i4ltases were sr3&0nO.-I
Elsa |as 'l75,OOO.OOo WAS for
\. wages and $257.O9O,4
N interest on deposits. |
,,oa banks in the city of
:. showed .y earning, on can ~
kst,s. !, s'H per cent: Phils- |
Esyo E,r''.s, ~ banks 82& per
n, ~, ,,. q per cent; boston.
To1i1 1%i,i'neapolis, 2l1s ter
1S1ls sal liz pc. ccnr. |
l,,. .' :, per cent: Dallas |
n M ha1sas City. u per
Ieslo sun cI,r Francisco, I2 per
rtss5 =, Colo with ID per
~ n The largest carninys
= past pssi fiscal yeac tn, |
gbt aslsa ssported three pr,si-l
.tssb'a,l' blas'l'efs and thirtvI
sr5 s-s'ieTs tellcrs boo!-. !.
1. 9th others of nationsII T a
q t,Fhn'i'ted ,hl Of crinin9iI
10 ne i,. banking lau and
X Years ami v,rrlI- Ir'- !
ihs az s,is.s made pubue a tableI
i,ii,s-,a ,aiies paid .he ex-
ths oy all uaticnali
Isrs IN B'olntry on. whose .e-I
laor.,s !, excess Of sss.eeo i
rst'a-lt.h 49, thel arges sar.s,yvI
l.l5s .l''.nal bank presidsnt ia,
p 5se1..Ees s.slEe salaries. thel
shs :, r,.,l5 S5lsit to much ,as~
s5 -,o.,kholders !, !, Of hs ol,s NJ
IrsS,iVv,. I, The sallriss r1iS ',i7
tbs5O O..ieers a,ile bat IN
'.is that tbs .,''ca Iath-
1'T AAAe TfHs .r..s--
~ u ne banks a~a