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This newspaper page contains 6 articles. Subscribers can read the full text of each article.
Newspaper
Independence Enterprise
Location
Independence, Oregon, United States of America
Date
Sep 10, 1920
Page
4
A devastating early morning fire swept a three story wooden hotel and rooming house in Klamath Falls killing more than a dozen. The blaze trapped hundreds as support systems failed and neighboring buildings caught fire. Officials call for stricter controls on old wooden structures and rooming houses to prevent future tragedy.
In this column the author argues against laboring over proposed rate reforms and instead highlights seemingly profitable bond investments. They praise Victory Loan bonds at six and a half percent, New York Central bonds at 62.50 for 100, and 3 percent railroad bonds, claiming long term returns exceed local 5 percent loans and urging investors to favor government or corporate securities over Oregon loans.
Buena Vista guests and Spokane visitors arrive in Independence area while seeking homes in the Willamette valley. Movements include J A Reynolds family moving to a ranch northeast of town and Fritz Torgenson's sale and move to Albany.
Installations in British Columbia demonstrate practicability of exploitation of known proportions after trials. Timber acquirement conditions in British Columbia remain no more advantageous than in Alaska and unlikely to improve.
John Perrin of the Federal Reserve Bank of San Francisco notes improving conditions in the 12th district with harvests advancing and producer prices steady. Weather remains favorable except in some intermountain dry areas and parts of Washington, while wheat production is forecast at 99,444,000 bushels. Harvesting proceeds but car shortages slow grain movement. export demand in the Pacific Northwest remains strong and barley yields in California are expected to reach about 750,000 tons from 1919 levels.
The California American Legion in its second annual San Diego convention urges citizens to keep Liberty Bonds sacred to memory of fallen soldiers and to buy more in open market. It calls posts to influence holders to retain bonds, praises thrift stamps, and promotes civic responsibility to support America’s finances.
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