THE MORNING OREGONIAN, TUESDAY, NOVEMBER
1919.
23
HIGH WHEAT BIDS
Extreme Premiums Have Not
"Increased Selling.
TRADE IS AT STANDSTILL
Stocks Remaining in first Hands
Are Only 20 to 25 Per Cent or '
Crop Coarse Grains Firm.
Only about 20 to 2. per cent of th
wheat crop of the northwest is left In
farmers' hands, according to statistic
collected by dealers here. There is very
littl buylne, as farmers refuse to accept
the premiums that are offered, which are
50 cents over the government price for
Marquis-and bluestem, 4."i cents for Turkey
and from 7 to 12 cents for soft wheat, the
latter price prevailing at interior points.
The approaching rvnoval of the embargo
has had no effect .as yet in depressing
wheat values in any part of the country. ,
The demand for miilrun continues strong
In the local market. Feed grains were
generally firm. 'At the exchange, 100 tons
of eastern yellow corn, December ship
ment, were sold at (58.75, or a quarter
over Saturday's bid. Offers for November
corn were 50 cents higher. Clipped oats
and eastern barley were up 25 cento. At
Kan Francisco barley sold lVi 4Vi cents
higher at $3.50 for December and $3.49
for May. Chicago barley options closed
unchanged to Vz cent higher.
Crop conditions in the northwest were
reported as follows:
Oregon 'Seeding continues in a few lo
calities. Idaho Winter wheat doing well.
Washington Moderate raina during last
hlf of week favorable to winter wheat,
iaome plowing and seeding winter grains
during Intervals between rains.
Terminal receipts, in 'cars, were reported
by the Merchants' Exchange as follows:
Wheat Barley Flour Oats Hay
prices have been advanced V cent a
pound. The new quotation on white lead
in tons in 13 cents and on red lead and
litharge, 13 j cent?.
PORTLAND . MARKET QUOTATIONS
Grata. "Flour, Fed
Merchants' exchange,
noon session.
Bid-
Dec.
$04.50
67 00
67. OO
Jan.
$55.00
7.00
67.50
53.50
55. 25
5S.23
65.75
per
Oats Not.
No. 3 white feed ... $54.25
Barley
Standard feed 66. SO
No. 3 blue 60.50
Corn
No. .. yellow 6.50 62.00 59.00
Enxtern oats and corn, bulk:
Oats
3rt-.b. clipped J12.50 53.00
oS-Ib. clipped 54.50 i4..5
Corn
No. 3 yellow 62.50 58.50
Barley
No. 2 65.25 63.50
WHEAT Government basis. $2.20
bunher.
FLOUR Patents. $11.75; baiter hard
wheat. $11.7512.33; whole wheat. $10.75;
graham. $10.45; straights. $10.70.
MILLFERD Mill run, f. o. b. mill, car
lots, ton lots or mixed cars. $40: ton
rolled barley. $70: rolled oats. $60; ground
barley. $70: scratch feed, $80.
CORN Whole. $72; cracked. $74.
HAY Buying prices, f. o. b. Portland;
Alfalfa. $2S: cheat. SIS: clover, $22; oats
and vetch. $23: valley timothy, $26023.
Tai ry and Country Prod ne.
BUTTKR Cubes, extra. l01c pound;
prime firsts. 60r60Hc: prints, parchment
wrappers, box lots. 66ft 6Sc; cartons, 67
69c: half boxes. Jie more; less than half
boxes. 1c more; butterfat. No. 1, 697uc
per pound
CHEESE Tillamook, f. o. D. Tillamook:
Triplets. 32c: Young Americas. 33c; long
horns, 33c: Coos and Curry, f. o. b. Myrtle
Point; Triplets, 31c; Young Americas.
32AC.
EGGS Oregon ranch, candled. 73 1$ 75c.
selects, 76&blc: storage. No. 1, 50&60c
POULTRY Hens. 23 & 30c; broilers. 23
30c: ducks. 30fr40c; geese, 25c; turkeys,
Uve. 37c; dressed. 47c.
VEAL Fancy. 21c per pound.
PORK Fancy. 22'c per pound.
STOCK RISE CONFIDENT
LOWER HATES FOR MONET" AND '
FIRMER EXCHANGE FACTORS.
Portland. Mon 24 1 2a .... " 7
Year ago 33. 24 45 1 17
Sea'n to dato.4lo 110 194I 310 7-VS
Year ago 4t7 603 807 513 10O3
Tacoma, Sat.. 22 t .... 8
Year ago l.'i 1 3
Sa'n to date.3t',4 55 107 4S1
Year ago 3U44 1 . 110 b8
Seattle. Sat.. 2 17 2 4
Year ago 15 : ....
Sea'n to date. 2345 14 351 35H 603
Year ago 32o6 43 717 3D2 1421
HOME GROWN APPLES FLKNTX1XX
Stocks of Extra Fancy Fruit, Eight on Lo
cal Market.
While stocks of extra fancy apples are
light there i a plentiful supply of the 1
lower grades on the market and this is
about the only kind selling. Prices are
Unchanged.
Shipments of Oregon apples Friday were
45 cars. At the New York auction Ore
gon apples sold as follows: SCO boxes
Spitzenbergs. extra fancy, $2.603.15;
fancy, $2. 25 & 2.65; 250 boxes winter ban
anas, extra fancy. $3.35; fancy, $2.9U
3.15; 250 boxes Ortleys, extra fancy. $3.60;
fancy, $3&3.15.
Conditions at shipping points were tele
graphed aa follows:
Spokane, Wash. Few sales. Carloads
t. o. b., usual terms. Wenatchee. choice
medium and large Spitze-aberge, $1.00$i2:
Winesaps. extra fancy medium to large,
$3.10; fancy. $2.00; Newton, fa-ry me
dium to large, $2.40. Yakima. Winesaps,
extra fancy, medium to large, $3; small to
large, $2.90; fancy large Delicious, $3.15;
Homes, fancy medium to large, $2.15.
Othr districts, no sales reported.
Rochester, N, Y. Modern wire Inquiry.
Demand and moving moderate, market
steady. Som ordinary quality. Carloads
f. o. b. tnrua.1 terms. Barrels, sales from
cold storage. A 2Vi inches Baldwins, wide
range prices $7.50 ti 8.30, mostly MXQ$.Z0.
Sales storage. A 2t inches Baldwins. $7
7.50. B 2l4 Inches and up Baldwins,
'$6.30. Mostly common storage shipments,
all grades consigned or joi?u account.
TtRREY PRICKS ADVANCE 2 CENTS
Receipts to Date Are Much Lighter
Than Expected.
Receipts of dressed turkeys on Sunday
and Monday were lighter than expected.
Am a result, prices advanced and sales
were made yesterday afternoon at 47 cents.
It was thought the lightness of arrivals
yesterday was due to the unwillingness of
farmers to work on Sunday, as in. former
years, in preparing the birds for market.
It that was the case, receipts today should
be large. Most of Sunday's arrivals went
to fill out-of -town orders. The local de
mand was stronger yesterday when It was
seen the supply on the market was small.
Retailers followed the market upward,
most of them asking 55 cents for choice
turkeys. There was a good stock at live
poultry on hand and moat of it cleaned
up at firm prices.
The approaching holiday caused no Im
provement in the demand for eggs and
buying and Jobbmg prices were unchanged.
The cube butter market was steady.
Prints continued to sell at two prices.
CORN FIRM IN GREAT BRITAIN
More Offers for Distant Shipment From
Argentina.
The corn situation in Ureat Britain still
retains a firm tone, cables Broomhail, al
though offers of distant shipment from
Argentine are in good supply at 63s per
quarter and continue to meet with a fairly
active aemana. fiate lor nearby ship.
ment is not being ottered except in very
meager quantities. At present the maxi
mum price prevailing in the United King
dom does not permit of a profitable busi
ness being done at or under this level.
owing to tne excessive nign treight rates.
There has been some trade Ln American
mixed sorts at 80s per quarter for De
cember and January shipment. Arrivals
into the United Kingdom have been on
fair scale and practically all Plate sorts.
Oats continue to rule firm with
good demand from feeders in evidence.
Market remains firm and Plate for No
vember and December shipment quoted
53s Od to 54s per quarter An London, while
tor February and March shipment 52s 6d
to 62s 9d Is quoted.
, Japanese Orange Received.
Japanese oranges made their appear-
on tne maricet yesterday and wen
lMOted at $4 per double box. In former
years they sold at $3 and $3.30. Another
car of figs and two cars of lettuce also ar
nd.
There was a moderate local demand for
potatoes and prices were firm and
changed.
Decrease in M beat Stocks. '
The American visible wheat supply com
pares as follows:
Bushelf. Increase.
Mcvfmbfr 24, lnlft... !.(.uO0 "3.230.uuo
ovembcr 25, HUs. , .127.351.0u0 0.257, 0t0
November -, 1 . 1 T . . . 21.213.Oo0 1,4'J.0M1
November 2. 1Mb... 63.2ti2.0o0 (Ui2.0no
November -9, 1U1.... ti,b20,OUO 6.176.0UU
uecrease.
The oats vUible is IT. 273.000 bushels,
decrease of 1.317.0O0 bushels; the corn
visible is LJO.OOO bushels, an increase of
62,000 busneis.
s bank. Clewing.
Bank clearings of the northwestern cities
yesterday were aa follows:
Clearings. Balances.
Portland $a.t2 1.14 $:t. l9ti.4O0
Seattle 6,Sit.6 1.3JS.OH4
Tacoma . , , . TS.uf.S 1 i tf . t . tj
Spokane !.012,424 l,5ol,ts62
Lead Prices Advanced.
. Cry whit lead, red It ad aad lit bare t
Fruits and Vegetables.
FRUITS Oranges, $5(&7; lmnns. $7.75
8.50 per box: grapefruit, $3.507 box;
bananas, lOllc per pound; apples. $lzx4
per box ; grapes, 10 (q 15c per pound ; ca
sabas, 4c per pound; pears. $2.25(&3.25 per
box ; cranberri es, $4. 50 tfj 5. 75 per box ; $ 13
r(?ir per barrel; huckleberries, 1820c per
pound.
VEGETABLES Cabbage, C2e per
pound; lettuce. $4.50 per crate; beets. $2.25
per sack; cucumbers, $1.75'gi2.50 dor.;
tomatoes, $4.50 & 5 per box; eggplant,
20c per pound; carrots, $1.50 per sack;
squash, 214f'3c per pound; pumpkins. Hc
per pound; celery, L.it per aozen,
peppers, 20c per pound ; horseradish.
15c per pound; garlic, 4045c per pound;
cauliflower, $3 & 3.50 per dozen; turnips,
$2.75S 3 per sack.
rOTATOES Oregon, $33.25 per
irk' wppt. rj; 61 fc oer pound.
OXIONS Oregon. 4V4ftHc Per pound.
Staple Groceries.
Local jobbing quotations:
Pl'GAR Sack basis: Fruit or berry,
$0.77; beet, $9.95; golden C. $9.27; pow
dered, in barrels. $10.37; cubes, in barrels,
$10.62.
NUTS Walnuts, R40c; Brazil nuts.
ROc; filberts, 3c; almonds, 8738c; pea
nuts," 15 16c; chestnuts, 25c.
SALT Half ground. 100b, $17 per ton;
50s, $18.75 per ton; dairy, $26.50;28 per
ton.
RICE Blue Rose. 14c per pound.
BEANS White. 9 He: pink, 8c: lima.
17 lit c per pound ; bayous, s 3t c ; Mexican
red, 7 lie.
COFFEE Roasted, m arums, stftffowc
Provisions.
Local jobbing quotations:
HAMS Choice, 35c pound; standard,
34c; skinned, 27(&30c, picnic. 2326c; cot
tage roll, 30c.
LARD Tierce basis, 32c; compound,
28c per pound.
DRY PALT Short, clear backs. 2G31c,
plates. 2427c; exports. 25&2$c.
BACON Standard, 4042c; choice, 37
39c.
Sharpest Advance Are Made by
Specialties, Which Featured Re
cent Reaction Bonds Weaker.
NEW TORK, Not. 24. Developments
dealing with the financial market ever
the week end and those reported In ths
course of today's slow but confident ad
vance of prices were almost -wholly favor
able. Call loans opened at 7 per cent,
the month's lowest initial rate, and held
at that quotation throughout, large sums
being available. Time money also, re
laxed, but was in scant supply at 7 4
per cent, the maximum bid.
Foreign exchange Inclined to greater
steadiness, despite the new elements of
uncertainty injected by the Italian situa
tion, and reports from Washington re
garding the coal conference were viewed
with more encouragement.
For the first time in many weeks tran
sactions for the full day fell considerably
short of 1,000,000 shares.
Stocks, which featured the recent re
action, were the strongest features, im
pelling additional covering of contracts.
In this rrouu General Motors. Plerce-
Arrow, Crucible Steel and high grade oils j
and shipping were conspicious at ex
treme advances of 3 to 8 points.
Sugar, textiles, leathers, and tobacco
owed much of their strength to excellent
trade relations. Rails and coppers were
the only laggards, the latter being de
pressed on intimations of another drop
in the orice of the refined metal, due
to the abesence of domestic and foreign
demand.
Sales amounted to 850.000 shares.
Weakness of Liberty issues and local
tractions featured the active bond market.
Total sales, par value, aggregated $16,500.
000. .
Old United States bonds were unchanged
on call.
NEW YORK STOCK MARKET.
STATEMENT OF CONDITION
The Bank of California National Association
San Francisco
Including Its Branches in Portland, Seattle and Tacoma
At Close of Business November 17, 1919
ASSETS
Loans and Discounts $
Bank Premises (San Francisco and Branches)
Other Real Estate
Customers' Liability under Letters of Credit. J .... .
Sundry Bonds and Stocks
United States Bonds to secure Circulation
Other United States Bonds, Certificates of Indebt
edness, Contracts, etc .......
Redemption Fund with United States Treasurer....
68,580,187.51
1,106,650.72
645,630.45
8,998,317-.38
4,968,115.04
2,150,000.00
5,906,830.55
107,500.00
Cash and Sight Exchange 38,215,455.90
Sales.
Am Beet Sue. 4.D0U
American Can 4.700
Am Car & F. . 1,800
Am H L, pfd o0
Am Loco 10.BO0
Am Sm A Ret 6.100
Am Sug Kef. . 3.HOO
Am Sum Too. l,4io
Am T & T 30
Am Z L 4 S. . 100
Anaconda Cop 8,9oo
Atchison 1,300
A U & W I S S 1.4HO
Bald Loco.... 83.300
Bait & Oliio. . 3.100
Beth Ste-1 B 9.aoO
Butte & Sup.. 200
Cal Pet 2.000
Can Pacific 4110
Cen Leather.. l,fl"0
Ches & Ohio.. ttoO
C M i St P. . 2.3O0
Chi R I & Pae 1.3O0
Chino Copper. 4.DOO
Cc l F & I SOO
Cl.rn Produ... 3.5KO
Cucib!e Steel. ID.OO
Cuba Can Sug lo.loo
U. S Food Prod 5.2O0
Erie 700
Gen Electric. . 700
Gen Motors., ll.ttoo
Gt Nor pld 4,200
Gt X Ore ctfa 1,200
Illinois Cen.. 100
Inep Copper. .. 4,900
Int M M pfd. 1.800
Inter Nickel.. 3.100
Inter Paper. . . 3.2O0
Kan City So.. 100
Kenn Cop 8,800
pound; 3-
stiort staple.
High.
7
54
137
125
07 V4
67
141 4
00 V,
lOO V4
1S54
63
lUHii
112 '4
38 S
08
21 n
48
148 '4
.
ik
42 li
27-
38
42
84-
218
48
77
15i
170
338
&
40 Vt
02
10614
25
71
17
30 Va
Low.
05
r4
13.)
124 14
05.
83
138
. 89
100
184
60
88
168
107
37
04
. 21
43
146
06
67 ,t
41
27
88
42
83
212
47
76
14
1 S!l
333
83
40
02
5
10.-.
24
Total $130,678,687.55
- LIABILITIES
Capital $
Surplus and Undivided Profits.
Circulation
Letters of Credit.
Other Liabilities
8,500,000.00
8,845,780.92
2,150,000.00
9,086,063.69
17,055,974.71
Deposits 85,040,868.23
Total $130,678,687.55
W.
PORTLAND BRANCH, THIRD AND STARK STREETS
A. MAC RAE, J. T. BURTCHAELL,
Manager. Asst. Manager.
70
17
20
Hops, Wool, Etc.
HOPS 1010 crop, 8.',c per
year contracts, 45c. 40c, Joe,
MOKA1K Long sutpie.
TAI.I.UW Io. 1. iwwiitz per pouna.
CA!CARA BARK New, 11c per pound.
WOOL Eastern Oregon, fine. 3555c;
medium, 4O30c; coarse, 35i)40c; valley
medium. 45W55C; coarse, 35&40c.
Hides' and Pelts.
HIDES No. 1 salt cured hides (under
pounds), 35c; No. 1 salt cured hides
over 4i pounas,, u. u. a sail turea
bull hides. 20c; partly cured hides, 2c per
pound less; green maes, oc per pound less;
N'o. 2 hides, ic per pouna ie&; nair-suppea
Aides, one-third less than No. 1 hides; No.
trimmed callsKins tup to 10 pounas),
c. No. 1 trimmed kip skins 15 to 30
pounds), 40c; No. 2 skins, 2c per pound
ess; hmr-sLippeu skins, one-mira less tnan
No. 1 akina; dry runt niaes, i pounds ana
up, 35c; dry llinl ouns. -c; ary Hint cair
skins.'under 7 pounds, 75c; dry salt hides,
pounds and up. zuc; ary sail Dulls, 20c;
drv salt call skins, under 7 pounds, 40c;
dry cull hides and skins, half price.
PKLTS i.'ry ions-wool pens, duni:c
per pound; dry medium wool pelts, 2528c
per pound; dry shearing pelts, 50c $1
each; salt ions-wool pelts. $22.50 each:
salt medium wool pelts, 1. 5032 each; salt
shearing pelts, 50cia'$l each.
Oils.
LINSEED OIL Raw, barrels, J2.08; raw.
cases, 52.16; ooneu, oarreis, a. .us; Dolled,
cases, $2.18.
TURPKNliNis lanits, ti.u; cases.
S2.01.
aeons. l'lc; cases, 24-931C
GASOLINE Iron barrels, 23c; tank
wagon, 23 c; cases, iwc
SAN FRANCISCO PBODICE MARKETS
Prices Current n ejfetablea, tresh
Fruits, Etc., tat Bay City.
SAN FRANCISCO, Nov. 24. Butter. 6Sc.
Kegs Fresh extras, bSc; extra puliets,
3 c.
Cheese Firsts, 30o: Young America, 38c.
Poultry Hens. 30 31c; roosters, young.
30((i31c; old, IS'u-Oc; broilers, 3Sc: fryers.
82c; geese. 28c; pipeons, f2.753.25 per
dozen; squabs, Iwaioc.
Vegetables Ens plant. 10(471.-0; pep
pers, -bell, S1.752.S5 lug box; do chile, 1
ft1. 50: sutiasn. nuouaro, i.-oa 1. 1 . suck;
ao. summer. j.iu iug. luumiuc, uwwi.ju
lug; lettuce, 30c oosen; potatoes, rivers,
whit. $2.50ti3; sweet, 3a4ttr4c; onions.
t:t. 25(ti 3.50 cental: peas. lo&20c lb.: cu
cumbers, S2(&2.50 small box; $3:t?3.5C
large; string beans. Jl12c lb.; garden,
15-B20C; llmas, 12ni;c; garlic. -;oc; tur
nips, I1.75a2 sack; beets, 1.00(B1.75
carrots. II. 2a Ccffl.oO.
Fruit Oranges. 4t4.7r dot; lemons, 94
41-5.50; grapefruit, 2.50w4.2u: bananas,
SS10c pound; pineapples, S3 9 4 dosen;
Dears, cooking, 1'(J1.-ju lug; apples, apnx-
enbergs, 4-tler, S2fci2.o0; 4-tler Newtown
Pippins. S2.50v;3; qutnees, lac ai.sa box;
elons. crate. Honey Dew, 7oc(j-1.25:
abas. 75-9 00c; figs, double layer black.
sl.251Tl.50: strawberries, 816-ulS chest
huckleberries. 18t&20c pound; grapes, S2d
2.75 lug box; pomegranates, S2'o2.25 box;
persimmons. $1.50 2.25 box; cranberries.
S4.50'iio.uO box.
Receipts Flour. 8700 quarters; barley,
5505 centals: - beans, 572S sacks; potatoes.
17.261 sacks; onions. 020 sack; hay, 403
tons; hides, 114: wine. 64.000 gallons.
Seattle Livestock Market.
SEATTLE, Nov. 24. Hogs Receipts
226, steady. Prime, S 16.50 i 1 7 ; medium
to choice, $15.2516.25: rough heavies.
$14.50(rria: pigs, f 14 15.00.
Cattle -Receipts 64. steady. Best steers.
$0.50 4T 10.50; medium to choice. $80;
common to good, $5.50497.50; best cows
and heifers, $7.508.75: common to good,
aoayj; ouns, 401. caivsi, 4'0;i.
Dried Fruit at New York.
NEW YORK, Nov. 24. Evaporated
apples, quiet; western. 1024c; state.
-o L fo - ic.
Prunes, firm; California s. 1432c; Ore
gon s, -u C
Peachee. firm, standard, 2121c
choice. 21 4 22 '-c: fancy. 24g25c.
Mex Pet 8,3O0 205 201
Miami Cop... 5O0 24 . 24
Mid vale steel. 5.300 52 51
Mo Pacific... 800 27 27
Mont Power.. 3oo 60 50
Nav Copper... 2.400 15 14
N Y Central.. 1.400 73 72
N Y N H & H 1,500 32 31
Nor & Wedt. .. WOO 100 1001
Nor Pacific.. 3,200 85 84
Pacific Mall
Pan-Am Pet.. 10.600 100 107
PennKvlvania. 3.6O0 42 42
Pitts & W Va. 600 3o 30
Pitts Coal l.ooo 3 62
Ray Con Cop. 1.800 21 20
Heading S.xoO 70 77
Hep Iron & S. 17.5110 107 1U5
Sin Oil & Ret. 30.700 30 50
So Pac 13.7O0 00 07
So Railway... 600 25 24
Stude Corp 26, GOO 110 116
Texas Co 3,700 301 205
Tob Products. 1.300 84 83
Union Pacific. 5. 700 120 126
Un Retail St. 24.800 01 8
U S In Al 1,700 106 105
U S Steel..,.. 31.500 105 104
do pfd
Utah Copper.. 3,100 77 74
West Union... 2O0 8S 87
West Elec... 2. loo 63 53
Wlllys-overl.. 3.80O 31 31
National Lead 10O 81 81 B
O Cities lias.. 2.0O 511 50
Roy JJ S Y... 7.U00 1022, 101
Sale.
06
54
137
125
06
66
140
00
100
18
61
88
168
112
38
05
21
46
146
07
67
41
27
36
42
83
217
47
77
14
1 60
337
83
40
07
54
106
25
71
17
20
112
203
24
51
27
50
15
32
1O0 "
85 I
37
108
42
30
63
20
70
107
40
07
24
118
2M6
84
120
01
105
105
114
75
88
53
31
81
50
101
7 per cent: ruling rate T per cent: closing
bid 6 per cent: offered vt 7 per cent; last
loan 7 per cent.
Bar silver $1.36.
Mexican dollars $1.04.
LONDON. Not. 24. Bar silver Td per
ounce. Money 3 per cent. Discount
rates, short bills 5 6 per cent; three
months 60 per cent.
Coffee Futures Close Lower.
NEW YORK, Nov. 24. The market for
coffee futures was lower today, owing to
declines in Santos and further scatter
ing liquidation. After opening unchanged
to 10 points lower, prices steadied up a
few points on covering by near month
shorts, but soon eased off again owing to
easier later cables from Brazil. Decem
ber sold down from 15.25& lS.OGc ana
March from 15.700 15.55. with the mar
ket closing at a net declins of 6 to 20
points. December. 15.08c; January, 15.23c;
March. 15.58c; May. 15.65c; July. 15.80c;
September, 15.50c.
Spot cotree quiet; nominally unchanged:
Rio 7s, 15i15c; Santos 4s. 26
26c
Naval Stores.
SAVANNAH. Oa., Nov. 24. Turpentine
firm, $1.5791.57; sales 311 barrels re
ceipts, 44 barrels; shipments, 722 barrels;
stock. 13.143 barrels.
Rosin firm; sales, 1420 barrels; receipts,
177 barrels; shipments. 2804 barrels; stock.
52.501 barrels Quote: H, $16.1525; D,
$16.25630: E, $16.3550; F. $16.50; G.
$16.56060; K. $18.60065: I. 17.30w.',0;
K, $18.3550; M, 1910; N. $18.83;
WG, WW nothing dolr jr.
EXEMPT FROM ALL FRENCH GOVERNMENT TAXATION
3150,000.00
FIFTEEN YEAR 6 GOLD BONDS
Lyons, Marseilles and Bordeaux
DUE NOVEMBER 1, 1934
DENOMINATIONS: $100, $500, and $1,000
We own and offer $150,000.00 of these bonds of the Cities of
Lyons, Marseilles and Bordeaux, France, and recommend them as
very desirable foreign investment securities.
These are coupon bonds and are payable in GOLD COIN of tha
United States, in New York, both as to interest and principal, with
out deduction for any French government or municipal taxation.
Each issue is a direct tax obligation of the issuing city and will be
the only external loan outstanding.
The Cities of Lyons, Marseilles and Bordeaux are three of the
largest and most important trade and industrial centers of France.
They were a long distance from the war zone and did not suffer
from the hostilities.
In our judgment these three issues of bonds offer clients and
investors every element of safety and very profitable interest yield.
PRICE 92.50. TO YIELD 6.8
MORRIS BROTHERS, Inc.
XJIK PREMIER MVMC1PAL BONO HOISB
CAPITAL. 0K IMIULIOX DOLLARS
Morris Bolldlns. 309-11 Stark Street. Between Fifth and Slith
TELEPHOE
BROADWAY 2131
PORTLAND, OREGON
ESTABTJSHED OVElt
A ULARTLR tESTIRr
Bid.
BONDS.
U S Lib 3s.l00.1rtl Atch gen 4s -73
do 1st 4s 94.SO D & R G ref 5.tS274
do 2d 4s . . . .02.00. N YC dwb 6n... 3 Vi
do 1st 44s...'.4.40iN' P 4s 77
do 2d 4. ..'J.30iN P as ball
do 3d 4''i8...fl4.:4iPac TAT 5s.. 87
do 4th 4V.s...S.3 Pac con 44s... 81
Victory 3is . .U9.(iS P cv &s 101 i
uu 4s yit.-j.so Ky as 86
U S ref us reg.'loo
do coupon ..Hm
U S cv 3s reg..8H
do coupon ...bTJ
U S 4s reg. .10ti
do coupon . 108
AT&T cv 6t.
U P 4s
U S Steel
Anglo-fr'r 5s
s.
84 i
bid; toffered.
Mining Stocks at Boston.
BOSTON, Nov. 24. Closing quotations:
18
Allouez .
Ariz Com . . .
Calu & Ariz.
Ca.lu & Ariz
Centennial . .
Cop Range .
hast .Butte .
Franklin ... . .
Isle Royalle
Lake Cop 4
Mohawk o
34
. . BO
3o I Vorth Butte
13; Old Dora
63 osccola
. iQuincy
15 (Superior
4tf Sup & Boston
14'Shannon
4 iL'tah Con
304 Winona 1
lureene can .... 3
Mortgages
DO TOU GET SERVICE IN
ADDITION TO YOUR MORT
GAGE MONEY?
OUR CLIENTS DO. We stand
ready to advise and assist our
clients in all financial and legal
problems that may arise.
WESTERN BOND AND MORT
GAGE COMPANY
80 Fourth Street
Portland Oregon
Irrigation of this favored district of ti lower Yakima
Valley was undertaken, in a large way, thirty years
ago. . A complete irrigation system has been in continu
ous operation for nearly twenty years. This year. 1000
more acres were placed under cultivation. Cash sales
'of crops amounted this year to more than $1,000,000.
COLUMBIA MUNICIPAL
IRRIGATION DISTRICT
Benton County, Washington
GOLD 6 BONDS
These bonds, in the opinion of counsel, are a direct
obligation of a municipal district of 11,500 acres; a
prior public lien running ahead of any mortgage
lien, including mortgages securing Federal farm
loan bonds. '
Exempt from, all Federal income taxes.
PRICE: Par and Accrued Interest to Yield the Full 6
Bords-Truss- Acceptances
lapitai m. ourpius fto.oao
PorI erd. Oraqorv.
LIBERTY and VICTORY BONDS
If Voo Mnst rr.LL Tour Liberty or Vlctorr Bond. Srll to TS.
If You Can BUY More Liberty or Victory Bonds, Buy- From VS.
On Monday, November 24, 191M. the cloning New York market prices for
liberty and victory bonda were as given below. They are the governing prices
for United States (tovernment liberty and victory bonds all over the world, and
the hicrhest. We advertise thise prices daily In order that you may always know
the New York, market and the exact value of your liberty and victory bonds:
lt 2d 1st 2d Rd 4th Victory Victory
Stts 4s 4s 4s 48 449 38 4s
Market . .$liU.09 $94. SO $J2.0S $'J4.5 9.S2 $J42? $uf Sun. 2ft
Interest.. . 1.56. 1.76 .11 1.89 .12 .47 l.t3 . 2.44
Total. $101.04 $96.08 $92.19 $96.39 $92.44 Sft.05 92.S:t $101.15 $10l.fi4
When buying, we deduct 37c on a $50 bond and S2.50 on a $1000 bond.
We well at the New York market plus the accrued interest.
Burglar and fireproof safe deposit boxes for rent. Open until S P. M. Saturdays,
MORRIS BROTHERS, Inc.
The Premier Municipal Bond Honae Capital One Million Dollars)
Morris Building;, 30U-311 feUirtt (Street ltctnren Mb and 6 tlx.
Telephone Broadway 151. Established Over S3 Years.
63 Good Ways to Invest
Your November Funds
5
8
Money. Exchange, Etc.
NEW YORK. Nov. 24. Mercantile Da. oer
3 Per cent.
Sterling 00-day bills $4.01 H: commercial
GO-day bills on banks $4.01 ; commercial
60-day bills, $4.00; demand $4.06: cables
1 4.0b 34. Francs, demand 9.u2; cables 8.50;
guilders, demand 37S ; cables 37i ; lire.
demand 11.84; cables 11.60; marks, de
mand 2.50; cables 2.55.
Government bonds and railroad bonds
heavy.
Time loans strong; 60 days, 90 days and
six months 64 per cent bid.
Cat! money easy. Hiph 7 per cent; low
Bordeaux
Lyons
Marseilles
15-year 6 Gold Bonds
At 922 to yield over 6.80
Call or phone
Freeman
Smith
a
CAMP
CO.
aaccMO noon
Nuoinwnr"- -w Bm isv
Maui a
WILSON-HEILBRONNER CO.
BROKERS
201-2-3 Railway Exchange
Direct Private Wires to All Exchanges
STOCKS
BONDS
GRAIN
COTTON
SERVICE
That's All
TELEPHONES:
MAIN 283
MAIN 284 .
Correa pondenta
E. F Huttoa &, Co.. New York; Clement Curtlsj &. Co..
Hay den Stone & Co.. Boston.
Chicago;
OUR INTRODUCTORY IMMODESTY
In establishing an office in Portland for the purchase and sale of investment
securities, a few words about ourselves and our policies may be permissible as an
introduction to the Oregon financial public.
We began business in 1891 with straightforwardness and a capacity for hard
work as our principal assets. Although we have not "set the world afire," we have
paid our bills, treated our employes well, done some kindnesses and gradually
extended our business into all of .the leading cities of the Coast.
We are the oldest and perhaps the largest investment house in the Pacific North
west, though our bid for patronage is based wholly upon our willingness and ability
to be USEFUL, and not upon size and prestige.
We finance firms, corporations and municipalities in a position to secure us with
bonds, mortgages or preferred stocks safe enough for the large and growing clien
tele which confidently entrusts its investments to us. While we try to be of service
to the community and do not, therefore, despise small transactions, we are more
particularly interested and adept in the larger loans involving $100,000.00 and more.
We have one unyielding standard in making loans 'and buying bond issues, large
or small SAFETY from which neither desire for profits nor ambition for gi-owth
diverts us. We- have never lost money for a client, and if care and conscience will
prevent, we never shall.
We have a wide knowledge of men and affairs', of communities and values, in the
Pacific Northwest, and while we believe implicitly in the country, we have a prop
erly tempered enthusiasm for matters not yet proven and are not optimists WITH
OTHER PEOPLE'S MONEY.
- We invite sound, non-speculative borrowers to avail themselves of our modern
and extensive facilities for making loans upon adequate security, promptly, on fair
terms, and with careful regard to the needs and abilities of the borrower.
We offer to investors exceptional and not wholly selfish service ; particularly will
inexperienced investors find us useful and dependable. We regard our vocation as an
honorable profession, and our clients to be protected, not exploited.
We are grateful for patronage but not so insistent upon it as to carry solicita
tion beyond the limits of good taste, nor are we so ambitious to do a large business as
we are to do a FINE business. We are satisfied to be spoken of in other communi
ties as "thoroughly reliable."
Our experience, facilities and advice in matters financial are freely available to
client and stranger alike. We count good-will an asset, and work a fundamental
necessity.
Our policies require a selected "and carefully trained personnel, necessitating a
gradual rather than a sudden growth. We hope in the course of time to build up in
Oregon, as we have done elsewhere, a clientele that we can confidently face twenty
eight years later.
CARSTENS & EARLES, Incorporated
Government, Municipal and Corporation- Bonds
U. S. NATIONAL BANK BUILDING
ROY A. JOHNSON, Resident Manager
XTTAIT until you have consulted this critically
selected list of November Offerings. You will
find that it includes bonds, short term notes, or
preferred stocks uncommonly suited to your own
investment needs.
This list, containing descriptions of 63 attractive
issues, sent on request for OR-262.
The National City Company
Correspondent Offices in over 50 Cities
Portland -Yeon Building
Telephone 6095 Main.
Bonds Short Term Notes Preferred Stocks
SEATTLE
SPOKANE
-SAN FRANCISCO
LOS ANGELES
GOVERNMENT, CORPORATION AND MUNICIPAL
BONDS
TO NET FROM 57 TO 7
PREFERRED STOCKS LOCAL SECURITIES
ROBERTSON & EWING
207-8 NORTHWESTERN BANK BLDG.
MUNICIPAL BONDS
From the StaU of
OREGON WASHINGTON IDAHO
To Net 4.90 to 6.50
Exempt From Present Income Tar
f.j.neverQaux 5i(5mpanv
87 Sixth Street Broadway 1042
Ground Floor Wells-Fargo Building
XX.
FACTS XO. 480.
TRUCK
It is almost lmpoBsi
ble to visualize the
vast extent to which
highway transport
service will develop
in the next decade:
p a r t I c u 1 arly so If
they are paved with
BITULITHIC
WABREX BROS. CO.
2
-
n
-
8
HALL & COMPANY
BUY AND EF.T.T.
Railroad '
Public Utility
Industrial
Municipal
BONDS
YIELD INO
5 to 7
Foreign Government Loans
Local Securities
Preferred Stocks
Lewis Bldg., Portland, Or.
-TWO DOZEN-
Blaachard Evaporated
FRESH EGGS $1.15
A alt Your Grocer
Haselwood Company. TMatrlbatora
actlaad. Urtgoi
Investors read
Hie Wall Street Journal
V