Morning Oregonian., July 21, 1921, Page 19, Image 19

THE MORXrN'G OREGOXIA THURSDAT, JTLT 21, 1D21 "
ia
v
EXCHANGE MORE ACTIVE
oixs continue to goverx
STOCK DEAU.VGS.
Foreign 'Exchange Develop Recur
rent Weakness; Further Catting:
of Steel Imminent!
stock exchange today was broader and a
little more active. Firmnesa during the
early and Intermediate atagea save war to
lnrKti!artty at the cloae. There were no
lMftiicaLlona that shorts had materially re
duced their commitment.
Oila as a group continued to govern the
dealings. Foreign Issuer were heattant,
thir course being ascribed to the heavy
export tolls levied by the Mexican, gov
ernment. Kails held and In om noteworthy In
stances augmented yesterday's moderate
gains, presumably in expectation that the
transportation executives soon would sub
mit a funding plan acceptable to the Wash
ington administration. Otherwise changea
. were confusing, steals, equipments, mo
tors and sundry specialties tending mainly
upward, but easing gradually toward the
end. Tobaccos and several of the obscure
rails were heavy throughout. Sales
Amounted to 350.000 shares.
Further cutting of steel prices Is Immi
nent, according to trade authorities; Money
and call loans held at fl per cent. Later
the quotations fell to 6V4 for call loans
in the open market.
In the absence of further toying of
bills, foreign exchange developed recur
rent weakness. The London quotation ap
proximated its recent minimum figure and
1'rench and Belgian rates eased.
Liberty issues closed mainly at moderate
rln and th generals tone of the bond
market was firm. Total sales, par value,
$10,175,000.
CLOSING STOCK QUO T A TI OXS.
(Furnished by Overbeck & Cook com
pany, Portland.)
Sales. High. Low. Bid.
Advance Rum. loo 13
Agr Chem . . GOO 35 35 35
AJax Rubber. , ..... ..... 20
Alaska Gold ..... H
Alaska Juneau 1
Allied Chem.. ROO 39 38 38V4,
Alli-s-Chal SiiO . 81
do pfd 200 104
Am Beet ug 38
Am BokcH ' 33
Am Can Co... 1,300 27 26 26
do pfd 80
Am Car &. F-. 200 124 123 123
do pfd 100 110 110 109
Am Cot OH 18
do pfd : 84
Am Hide & L. 10O 11
do pfd 800 B2 M4 51
Am Ice 3,100 B.1 52 6.5
Am Intl Corp. 2,000 34 83 33
Am Unseed 24
dopfd 67
Am Loco .... 700 82 82 81
do pfd 102
Am Saf Razor 70O 4 4 4
Am Ship & C 2,100 7 6 6
Am Smelter .. 200 87 87 86
do pfd t
Am SteH Fdy. POO 26 26 26
Am Sugar .... 8,h 60 67 7
do pfd LMK) 87
Am Sumatra.. 2,3m 48 47 47
Am T fe T fi.30 103 103 103
Am Tobacco.. 3, TOO 123V- 120 121
do B 00 122 120 120
Am Wool . 8,100 60 08 68
do pfd r 94
Am Zinc 8
Anaconda . . .. 80O 38 37 87
Aad Oil loo 97 07 7
Atchison 700 88 13 83
do pfj 77
Atl Coant line.. 300 87 87 87
Atl G & V 1.. 16,0110 22 20 21
Bald Loco .... 13.40O 76-. 75 73
do pfd 9 a
Balto Si. Ohio. 2,100 3!) 38 39
Beth Steel B .. 4,8IM 4S 40 47
H T 100 10 10 10
Butte C A Z ..... 4
Butte & Hup !
Caddo Oil .... 200 10 10 10
Cal Packing... 100 67 67 67
CJ et 300 34 33 33
do pfd loo 70 70 70
Can Pac 1.1O0 110 10i 100
Cen Leather. . U.itttO 87 36 36
Cerro de P.... 3i 25 23 25
Chand Motor.. 8.10O 50 48 49
CM&NW.... 100 65 65 64
Chi Ot West 7 it
do Pfd lOO 17 17 17
Chill Cop .... 4O0 10 10 0
Chino 200 23 23 23
C H St P 800 27 6 20
do pfd 1,100 40 40 40
Coco Cola .... 200 20 2l 20
C & O 300 54 64 63
Colo O & E... 20O
Col Graph .... 200 4 ' 4 4 4
?SS -.--- m5
Conti can 43ji
Contl Candy. . mo "2
Corn Prod ... 600 66 66 ft
Cosden OU ... 5oO 28 27 7 .
C U I & P.... 3,600 32 82 Bl
do A pfd 733?
do B pfd... 300 64 64 63
Crucible 6,700 . 65 64 64
do pfd ..... ...... ..... 7ft
Cuba Cane ... 1.600 0 9 8
do pfd;..... 1.700 25 24 24 .
OubAmRug.. . .t. i4 J
Iome Minei.. 300 '1614 "i64 16V
E A R S 2(M) ?4 5 5
do pM 3(10 l-j, K -jij
Kndl Johnson. 8. 011a 62 V SI v. 61 4
lirle 1,100 33 13
do 1st pfd.. ino ibk inii
do 2d pfd... bcio. J 3 V, 13 Vi 13 V4
F.m Players.. S.900 4814 40V 4714
Fed M & Bra ..... i
do pfd . , niZ
Flk Tlr .... 90O 1H4 11 V4 11 v?
Gaston Wms n j
Gen Tlgara ... 100 R0V4 R0
Gen Elec 2.300 U'l 4 1197, 1102
Gon Motors ... 8.1I00 10S lo?i msZ
Oen Asphalt.. U,noi 49 4014
Goodrich ..... 800 81 4 81 30
Goodyear 1014
Granby ..... .. 37
Gt Nor Or.... 400 27 14 2T "7t
do pfd..... 1,100 69Vi 68 9
Gulf 4s Stfiel ..... 31
ask Barker.. 200 ..... . f4V4
Houston Oil... 30O H34 62 K . 6 V
Hup Motor ... S00 11, H4, lis?
111 Central . . J 2
Inspiration ... 200 S44 34 33U
Int Art Corp.. hsT
. do pfd ::::: 8?
Interboro .... 200 4& 0 31
do pfd . 10 ii
Intr Callahan. 20t 414 4V4 4
Int Mer Mar 31
do pfd 200 45 4. 45
Jnt Nickel ... 300 14 13 13t
Int Paper 1.30O 63X 62 Z 62
Invin Oil .... J.4oO 1044 'lov, 10
Island Oil .... tJUO 8 IV ;
Jewel Tea , gaj
K C Southern. 400 23 25 V4 '.IVi
do pfd 200 ..... ..... 58
Kelly-Spirfld . 1.200 37 804 Stivt
Kennecott .... 20O 10H 19V4 "lOvi
Keystone Tiro. 300 11 i 11 V4 11 V
lck Steel 37 C
I-ee Tire I.10O 28V4 27V4 27 iZ
LehlKh Valley BOO Rli 61 V4 Bli,
Vor"lttr1 3 14 14V 140
Lowe Theater. 400 iov4
L & N 800 112 11114 lr
!er Pet 21.300 105 Vi 103 V 103 4
Mtanil . . 21
Hid States Oil. 13.400 ' 10i 10 l(t
Mldvale steel. 800 2334 23 2-'
Id K & T 100 "J?
do pfd ..... 4V
Mont Power 48
Mont Ward ..... ..... 37U
JUo Pac 1,500 194 19 1914
do pfd 700 894 38 54 3ST4
M SSt P AiSSM. 20O 6S B7 6S
M & ft 1. 300 11 54 11 4 iiu
Nat Enamel... ..... ..... 45
Nat Iead 75
Nev Con 1,200 1014 10 V4 10U
Near llaen... 800 - 18". 18 18
Nor & West. .. 100 P4 S4 93'4
rior l ac 4,600 74 54 73 H 73 Vi
Nova Sco Steel 22
N Y Central.. 1,000 704 69V4 69H
Okla Prod ret. 300 2 2 i2
Cfnt Silver 314
Ont A West... 200 174 174 174
t)tls Steel 10
I'ac Dev ..... ...... ..... .....
Pac G & E... 100 62 V 62V 62V
Pao Oil B.20O 85V. 84 V 84 V
Pan Am Pet.. 2.700 60V. 49 49
do B 10O 42 42 42
Pennsylvania . 2. R00 85 Vi 34 8414
Peo das 20O 51
Pere ilarq ... 1.4001 19 Vi 18 19H
Fhtla Co ..... ..... 294
Pure Oil ... 1.300 26 25 25!
IMcrce Arrow.. 2.300 IS 17 17S
Pierce Oil 1,000 8 7 V, ?,
IMtta Coal ... 8H 68 52 8"
Pitts - Va. 10t 27 V,
IT Steel Car 70 4
Pullman ..... 1.000 97 95V 5v
Kay Con ..... TOO 121. 12V. ' 12vl
Keadlnc T.10O OS 68 6
llemlnrlon ... ...... ..... ..... 20
Replo Kteel .. ..... . 1ft
lieu I & S. ... 2. "00 4S 44 V 45
do pfd 100 81V. 81V 81 U
Rep Motors l'i
Ryl Hutch Oil 1S0O' 64 62 52.
Ry Steel Sp gi
axon Motors. 200 . . 444
Bears Roebuck 1.800 67 60V. 6
Shattuck Ana. 7
Shell T & T... 70O 38 37 8t4
Pin'slr ?.r,oo -jo "o "0
8tand Oil Cal.
Sloss Shet ...
So Pac .......
Ho Railway . ..
do pfd
St L & 3 F. ..
Strom Carb...
Studebaker . ..
Swift & Co....
Tenn C & ....
Tex Oil
Tex Pac
Tev P C & O.
Tob Prod ....
Tr Contl Oil . ..
Union OU Del.
Union Pac ...
United Alloy..
United Drug..
Unt Fd Prod..
United Fruit.
Untd Rds N J
Un Rtl Store's!
U S Ind Al
U S Rubber. ..
U S Smelting.
U S Steel
do pfd .....
Utah Cop ....
Va Chem ....
do pfd
Van Steel ....
Vlvandou ....
Wabash
do A pfd...
do B pfd. ...
Wells Fargo .
West Union ..
Westh AS...
Westh B & M.
West Md
White Motors.
Wlllys-Ovld ..
do pfd
Wilson Pack..
Wis Contral . .
Woolworth ...
Worth Pump..
W Sc. 1, IS
BOO
100
6.900
1,400
100
2.9O0
4O0
80,000
78 72
76
20 "4
43
24
81
80
76
20
45
' 24
81
78
200
1,100
1.100
1.70O
400
1,200
100
400
8O0
' 1.300
5SO
1,600
1.4O0
7.000
22,VoO
10O
700
200
2.60'6
83
23
18
66
7
19
119
24
83
17
105
64
61
61
"73
109
49
27
33
22
18
65
7
19
118
24
83
16
104
'ia"
53
49
50
"72
109
48
27
19 28
100
400
100
' Vo'6
5O0
200
900
100
8
21
85
'43"
"32
7
30
8
'is"
'42
32
6
80
200
300
42
8
42
8
73 T
84 . 1
76 I
20 1
45 j
24
80 :
78 !
so 1
7
S:s
22
18 1
65 ,
7
18
118
.24
83
1
104
8
39
53
49
60
29
73
108
48
27
73
27
6
7
21
14
65
83
87
42
10
32
6
29
31
28
111
42
8
Four Thousand
Dairy Cows 10 Months
Pasturage r
Liberty Bond Quotation.
Range of liberty bond quotations, fur
nished by tho Overbade A Cooke company
of Portland:
Closing
HHlh. T.ow. Bid.
liberty SV-s ....86.S8 S6.T2 86.72
Liberty 1st 4s 87.10
Liberty 2d 4s 87 O0 86.90 88 86
Liberty 1st 4s 87. 2 87.14- 87.20
Liberty 2d 4 Vis 87.06 80.92 87.02
Liberty Sd 4s 91.34 01.13 91.26
Liberty 4th 4s 87.1S 87.10 87.12
Victory 4s 98.40 98.50 PS .38
Victory 3s OS.40 KS.32 DS.38
Mining Storks at Boton.
BOSTON, July 20. Closing quotations:
Allouez 20 INnrth Butte ...
Ariz Com 7jOld Dora 22
Calu & Ariz... 45 lOsceola 26
Calu & Hecla..221 IQuincy ...
Centennial
Cop Range
Fast Butte ..
Franklin
Isle Royalle . .
Lake Copper... 2 Wolverine
Mohawk 43
7 Superior
32M; Sup & Boston..
7''Shannon ......
1 ll'tah Con
Ill Winona .
87
3
1
85
8
40
10
Swift & Co. Stocks.
Closing prices for Swift & Co. stocks at
Chicago were reported by Overbeck &
Cooke company of Portland as follows:
Bwlft & Co 91
Libby. McNeil 4 Libby 8
National Leather 7
Swift International 23
Money, Stiver, Etc
N iL W TOTtTC. July 20. Prime mercantile
paper. 6 6: exchange easy. Sterling
demand. 83.58; cablee, $3.59. Francs,
demand, 7.75; cables, 7.76. Belgian francs.
aemand, 7.53; cable. 7.54. Guilders, de
mand, 31.55; cables. 31.61. Lire, demand.
4.84; cab lea. 4.49. Marks, demand, 1.29;
cables. 1.30. Greece, demand, 6.44. Sweden,
demand. 20.70. Norway, demand. 12.90.
Argentine, demand, 28.62. Brazilian, de
mand, 10.50. Montreal, 11 per cent dis
count. Time loans steady, all 6 per cent.
Call money firm; high, low, ruling rate,
offered at, last loan and bank acceptances,
6; closing bid, 6 per cent.
NEW YORK, July 20. Bar sliver Do
mestic, 99c; foreign, 69c.
Mexican dollars, 45 c.
LONDON, July 20. Bar silver 37d per
ounce.
The reason Coos county is already Oregon's second'
largest dairying region is because its mild climate affords
ten months pasturage for its great herds. The mammoth
Nestle's Food Company built a $400,000 milk conden
sory at Bandon because it realizes what a future Bandon,
as the center of "Dairyland." is certain of. .
As a solid, GOOD investment, we suggest
6 General Obligation Bonds
Den. $500. $1000 Bandon-1
Price to Yield 6Va
Income Tax. Exempt
Legal Investment for Savings Banks
LUMBEEMENS
Broadway and Oak
SHEEP AKD LAMBS WEAK
LITTLE DEM-IXD FOR SHEEP
DEVELOPED YESTERDAY.
Hog Market Also Has Weak Under
tone Iue to Declines In East.
Cattle Are Steady. .
An -unustially weak market for lam"bs
developed yesterday and consignments at
the union stockyards yesterday afternoon
were knocked down for as low as $4, with
prices ranging f rom - that figure p to
6.i!5 for top. Sheep llkewioe euccumoea
to weakness and little demand developed.
Ieelfns In the Chicago. Kansas Jity
and Omaha markets are having the effect
of causing a weak undertone to the local
hog market. Some of the sales yesieraay
were made around $14. the top figure, but
the majority ranged from $12.25 to $13.
Cattle continued steady yesteraay. .Re
ceipts were 256 cattle, 74 hogs and 1048
sheep.. The day's sales were as follows:
Wgt, Price.
192 $13.75
ISO 12.75
M oney, 3 U per cent.
Discount rates, short hills, 4 per cent
Foreign Bonos.
Foreign hond quotations furnished hy the
Overbeck &. Cooke company of Portland:
Bid. Ask.
Russian 54s, lf2t 12 15
Russian 5s, 326 3 5
Russian 6!, 1U19 13 Ifl
French 5s,. 1031 67 67
French 4s, 3917 47 4RMs
French fts, 1020 S4 6i4
Italian 5s, 1U18 36 404
British r.s. 1022 304 374
British Tm. 1927 SR'Jt 302
British 6s, 1929 344 3--4
British vky 4s 1MW 278'
British ref 4s ....-.-..-...-......247 2".7
Belgium rest 5s 6 69
Belgium prem 5s ..t.... 69 72
German W. 1 &s 9 io
Berlin 4s 10 12
Hamburg 4s llVfc 11
Hamburg 12 12
Lelpsig 4 14H 134
Lelpsig 5s 12 13
Munich 4s v 32 13 y
Munich 5s 13 1."
Frankfort 4 12 13
Jap 4s 0ft H 69
Jap 1st 4 "
Jap 2d 4H - - R4 S5
Paris 6s 99 lo-lrt KM)
U K 1921 9 15-16 100
U K &HS, 1921F
U K 58, 1929 SSi fiH
U K. is, 1937 Soi 66
Foreign Exchange.
Foreim exchange rates at close- of busi
ness yesterday, furnished by Northwestern
National bank of Portland. The amount
quoted Is the equivalent of the foreign unit
in United State funds.
rountrv. Unit- Kate.
Austnia, kronen $ .nort
Belgium, francs 0770
Bultrar.ia. leva 0098
Casecho-Slovakia, kronen 013S
Denmark, kroner i..o
Kncrl&ml. nound aterlinsr 3.6n.0
p iniana, nnmarK mw
Prance, francs .078
I'rtrmany, marks 0135
CJreece. drachmas 0-"i65
Holland, guilders 31 so
HuTigrv, kronen 0O40
Itnlv. lire- O400
Jugb-Slavia., kronen 0070
nrwav kroner 1315
Portugal, escuaoa
Roumania. lei 0145
Serbia, dinara 025
fiiviin. nesctas 1310
Sweden, kroner 21 00
Switzerland. fra.nc 1 fiftO
Chlnb Hongkong, local currency.. .4950
Shanghai, taels Rsno
Japan, yn 4875
SAX FRANCISCO PRODUCE MARKET
Prices Current on Vegetables, Fresh Fruits,
Etc., at Bay City.
SAN FRANCISCO, July 20. Vegetable
Potatoes, $1,256x2; onions, new red, 75
C1 S5c ; tomatoes, Merced, 91 &' 1.25, river
$2.503.50; peppers. 1020c; peas. 58c:
beans, garden. 8 10c, lima 10(g) 12c, wax
48c; beets, $1.752 sack; carrots. $1.25
&1.50 sack, eggplant, 5 lie; sweet pota
toes. Coachella valley, 57c, Merced 10
15c; squash, bav, $1.502; Los Angelas.
Hil.23; Italian River. flfel.2o lug.
Poultry Hens. lSg34c: broilers, 31c
fryers. 31 45o; young roosters, 20 25c;
old roosters. 15 & 18c: ducks. 20c; geese.
25c; turkeys, live, 3flc, dressed 45 50c;
Belgian hares, live. 13 f& 14c; sq.ua ds, iangy
35c; old pigeons, $2 dozen.
Fruit Oranges, Valencias, $3.50 4.75
lemons, $8 10.50; lemonettes. , $37
vranefmit. 12.50a1 4. 50; limes, nominal; ap
ples. Red Astracban $1. 50 1.75 four-tier,
white Astrachan $1.50 1.75, Gravensteins
$3 25; strawberries, 50fc65c drawer; black
berries, 3504OC a rawer; loganoerries, rea,
454 50c. black nominal ; raspberries, 60
S5c drawer; apricots, 3H5c; peaches. 90c
$1 per 20-pound box ; figs, 50c single'
layer box; plums, $1.25 2 crate; honey
dew melons, $12, according to size crate
watermelons. 2 62 e: erapes. 42 3. 50
cantaloupes. 75c $2.75; pears. $1.50(t
3.75 box; nucKieberries, 20c pound.
Receipts; Flour 1616 quarters; barley,
2068 centals; oats, 3157 centals; corn. 140
centals; potatoes, S297 sacks; onions, 850
sacks; hay, 20O tons; eggs, 82.527 dozen
butter. 415 centals: cheese, 1&U6 centals
hi d es, 83 6 ; livestock. 149 head ; ap p lea,
106 boxes.
A SAFE DEALER TO SHIP TO
Veal. Creamery Rutter
Pork. Dairy Butter
Poultry, Kresh Kggs
Storage iCgps
Farm Produce, Cheese
Bl'BV A CO.
1S9 Fro.t St. Portland. Or.
In business sixteen years.
1 steer..
!5 steers.
4 steers.
1 steer. .
9 steers.
14 ste-ers.
1 cow. . .
1 cow. . .
1 cow. . .
5 cows. .
1 calf...
1 bull. ..
1 bull.. .
1 bull. . .
2 hogs. .
1 hog. . .
1 hog . . .
1 hog. . .
1 hog. . .
5 hogs. .
7 hogs. .
1 cow. . .
1 bull. .
2 hogs. .
20 hogs. .
9 hogs. .
7 hogs. .
16 hoes. .
25 hogs. .
6 hogs. .
2 hogs. .
2 hoes. .
22 hogs..
1 hog.. . .
2 hogs. .
2 hogs. .
1 hog . . .
7 hogs. .
1 hog . .
2 hogs. .
1 hogs. .
IS hogs. .
Official
Wgt. Price.l
1075 $ 5.00
13I0 5.80!
8 hogs. .
5 hog
,752 4.00) 2 hogs. . 195 12.25
770 4.00 1 hog. . . 225 12.75
917 4.251 8 hogs. . 170 12.75
1077 5.25 4 hogs.. 155 13.00
850 3.25 6 hogs. . 10 12.75
940 3 00 1 hog... 890 9.73
970. 3.50 2 hogs..- 365 10.00
1035 4.00 2 hogs.. 250 12.00
110 11.00 18 lambs 69 6.00
1180 3.00 20 lambs 83 6.75
1550 3.00 11 lambs 79 6.75
570 S.00 158 lambs 69 6 00
1105 3.00 13 lambs 55 4.00
870 7.50 215 lambs 70 6.00
170 14.00 41 lambs , 69 6.75
130 14.0O 2 yearl. 80 8.50
120 14.00 2 weths 135 2 50
232 12.75 1 weth.. 140 3.00
192 12.75 3 backs 176 1.50
790 1.50 19 hogs. 165 13.50
1300 3 00 6 hogs. 155 14.00
820 12.0O 4 hogs.. 362 9.75
86 12.00 7 hogs. . 215 13.00
147 14.00 4 bogs.. 172 38.00
161 14.00 8 hogs.. 253 13.00
261 12.25 -lhog... 500. 7.50
185 13.00 1 hog... 300 8.00
21 1 13.00 2 hogs. . 230 13.00
240 13.00 2 hogs.. 220 13.00
ISO 13. 0O 2 hogs.. " 215 13.00
110 13.00 4 hogs.. 152 14.00
230 13.00 lhog... 310 9.75!
105 13.00 2 hogs. . 250 12.25
250 13.00 lhog... 270 10.00
270 13.00 16 lambs 85 6.25
Ifll 14.0O 3 lambs 70 4.O0
170 12.25 13 lambs 85 6.00
205 12.25 1 ewe. . 180 2.00
300 9.00 3 yearl. 110 8.5
267 13.50 6 yearl. 132 3.25
quotations at the Portland
Union stockyards today are asy follows;
Cattle t
Choice steers $ 6.75 7.25
Medium to good steers........ 6.50t3 6.50
Fair to medium steers 4.75ft 5.50
Common to fair steers 3.50(H 4.75
Choice feeders 5.00(6) 5.50
Fair to good feeders 4.00 fgp 3.00
Choice cows and heifers 5.50(g) 6.00
Medium to good cows and heif-
em 4.50 6.25
Fair to medium cows and heif-
era S.WW 4.50
Common cows 2. 75 3.50
Canners 1.50 2.75
Bulls 4 2.50 3.50
Choice dairy calves 10.50 11.00
Prime light calves 10.00 10.50
Medium light calves 7.0010.00
Heavy calves t.5Q 7.00
liOKS
Prime light 13.0014.O0
Smooth heavy. 250 to 300 lbs.. .12.0013.00
300 pounds and up 1 1.00 1 2.00
Rough heavy 7.0011.00
Fat piga 13.00 14.00
Feeder Dies 11.0012.flO
Stags (subject to brokerage).. 5.00 8.00
Sheep .
Fast-of-mountaln lambs.
Best valley lambs
Fair to good
Cull lambs
Feeder lambs
Uight yearlings
Heavy yearlings ........
Light wethers
Heavy wethers
Lwes
Iambs top, $10.75; same as late yesterday;
native top, $10; packer top, $9.75; culls
mostly $6; choice native western yearlings
$; best feeder lambs. $7.
Kansas City Livestock Market.
KANSAS CITY, Mo., July 20. United
States Bureau of Markets.) Cattle 9000;
better grades beef steers steady to strong;
best heavies. $8,6048.80; other grades
steady to weak; Kansas grassers, $5.35
7.25; Texas, $5.257.40; heifers and year
lings steady to strong; best yearlings.
$9.25 9.35; choice heifers, $7.65; good
yearling heifers, $825; cows weak to 25o
tower; Dest ooo-pound early, many medium 1
and good kinds, $4.25 5.50; bulls strong!
to 25c higher; good and choloe butchers, 1
$55.50; bolognas mostly $44.25; calves!
25c to 50c lower; best vealers, $8 8.25; j
many heavy calves. $67; other classes
steady; canners mostly around $1.75; me-;
dlum to good stock steers, $560; choice1
stock cows, $4.65.
Hogs 7500; slow, mostly 15c to 25c
lower than yesterday's average; best lights
to shippers $10; 220 to 240-pound weights
to packers, $9.759.85; packer top, $9.85;
heavy mixed hogs mostly around $9.50
9.65; bulk sales, $9.509.95; pigs and pack
ing sows, 25c lower.
Sheep 1500; steady; best nattve ewes,
$4.75; native iambs steady to 25c higher;
$9.25 paid; no native westerns sold early.
Omaha Livestock Market.
OMAHA, July 20. (United States Bu
reau of Markets.) Hogs 16,500; 35e to
50c lower; bulk better grades, $8.75
9.50; top, $9.75; packing grades. $S8.50.
Cattle 7O00; choice yearlings and
handy weight steers steady; top yearlings,
$9.40 ; others and she stock mostly 10
to 25c lower; veals lower; stockers and
feeders firm.
Sheep 13.500; lambs strong; early top,
westerns, $10; some held higher; best na
tive lambs, $9.25; sheep strong; native
ewes, $5; feeders higher, $7.25 paid X01
feeding lambs.
Seattle Livestock Market.
SEATTLE, July 20. Cattle Weak, re
ceipts 53; prices unchanged.
Hogs Steady ; no receipts, quotations
unchanged. ,
QUOTATIONS OX DAIRY PRODUCE
Market Price Ruling on Butter. Cheese
and Kggs.
BAN" FRANCISCO, July 20. Butter
Extra choice, 43c.
Eggs Undersized pullets No. 1, 24c
Cheese California flats, finsts, 2Uc
Oniona iireen, $1.50 1.75 box.
Tomatoes Merced flats, $1.401.130.
Poultry unchanged.
NEW YORK. July 20. -Butter Firmer.
Creamery higher than extras, 42&43c;
extras, 4142c; firsts, 37Vs41c.
-ggs irregular. fresh-gathered extra
firsts, 35&37c; firsts, 31 34c,
cneese btrong. state whole-milk flats.
fresh specials 2121fec; do. twins, ill
21fcc
CHICAGO, July 20. Butter Lower.
Creamery extras, 40c; standards, 7c;
nrsis, n jjj'c; seconds, mjtyAJc.
Eggs Lower. Receipts, 6302 cases.
Firsts, 2723c; ordinary firsts, 22 24c:
at mark, cases included 25 26c
SEATTLE, July 20. Wholesale prices to
dealers;
Eggs Select local ranch, white eheMs.
40c; do. mixed colors, 36 39c; pullets,
32 34c.
iiutter Cfty creamery, cubes, 38c; bricks
or prints, 39c ; country creamery extras,
cost to jobbers, in cubes, 3oc
Dulutb Linseed Market.
TTJTUTH, July 20. Linseed on track
and arrive, $2.08.
Cotton Market.
Ts'fcJ W YORK, July 20.
quiet. Middling, 12.70c.
7.00 7.50
6.0O 6.50
6.50 6.00
4.00 5.00
2.50 4.00
4.00 4.50
3.00 4.00
3.00 3.50
2.00 3.00
1.00 3.00
Phone your want ads to The Ore-
pronian. Main 7070, Automatic 660-95.
Chicago Livestock Market. I
CHICAGO. July 20. (United States Bu- 1
roau of Markets,) Cattle 7000; beef
steers and yearlings, steady to 15c higher;
top yearlings, $9.o0; bulk beef steers, $7.25
fits.n; fat she stocks steady; bulk, $4.50
6.7o; canners and- cutters 25c higher;
bulk, $2.503.50: bulls loo to 25c lower;
bulk, $5.256.25; calves steady; bulk I
vealers $10 10.50; stockers and feeders I
strong.
Hogs 20,000; lights and mediums steady
to luc hlgner ; others mostly lOc to loc
lower than yesterday s average; too.
$10.90; out of line comparatively few
over $10.80; bulk better grades. $9.75j
10.75; bulk packing sows, $S.259; pigs.
10c to 15c lower; bulk desirable, $10.35
10.50.
Sheep 1 7. OOP genTB.ny steady; wooled
Coffee Futures Low en
NT5W YORK, July 20. The market for
coffee futures ruled generally lower under
selling by trade houses. September sold
off to 6.25o and March to 6.99c, or 7 to
8 points under the previous night, and
the close showed a net loss of 3 te
points. July. 6.10c; September. 6.25e: De
c ember. 6.67c; January, 6.78c; March,
7.00c; May, 7.15c.
Spot coffee, unchanged; Rio 7s, 6 He
Santos 43,
Metal Markets.
'N WW YORK, July 20. Copper dull
Flectrolytic epot and nearby, 1212o;
third quarter. 12 & 13c.
Tin easier. Spot and nearby, 26.50c; fu
tures. 26.500.
Lead steady. Spot. 4.40c.
Zlno quiet. East St. Louis, spot 4.209
4.25c.
Iron nominally unchanged.
Antimony, spot 4.65c.
Dried Fruit at New York. .
NEW YORK. July 20. Evaporated
apples, nominal; prunes, more demand;
peachoa, steady
Investment
Record
Book
We hare prepared for
com plimentary distribu
tion to our clients a
loose-leaf "Record of In
vestment for Stocks and
Bonds.'" which gives the
Investor an opportunity
to list his holdings alpha-
toetically and, toy a sys
tem of colored sheets,
shows him at a glance the
months in which the vari
ous dividends and cou
pons are payable.
Copies may be kad npoa
application.
E.H.ROUJNS &SOXS
investment Donor
BOVTO.V NFWYOKK-CHICAGO
SAN FRANCISCO - LOS ANCELZS
QYortlmest 'Representative
404 COUCH BUILDING
puphoruc-iarihaU 2tt
PORTLAND
New Issue
$2,500,000
EAST BAY WATER COMPANY,
Unifying and Refunding Mortgage 15 Year 7V2. Gold Bonds
Series "A"
Dated September 1. 1921. Due August 31. 1936.
Interest payable March 1 and September 1 at the office of the Trustee without deduction for Federal Normal Income
Tax not exceeding 2. Coupon Bonds in denominations of $1 000. $500 and $1 00. with privilege
of registration as to principal. Redeemable at 1 05 on any interest date.
MERCANTILE TRUST COMPANY, SAN FRANCISCO, TRUSTEE
OUTSTANDING CAPITALIZATION AT CONCLUSION OF THIS FINANCING
First mortgage 5y2 gold bonds, due Jan. 1, 1 946 .. $9,928,900.00
Unifying and Refunding Mortgage lyfo Bonds, Series
"A" (this issue) . . . . .v.-. .... .....!.!
Collateral , Trust 6 Notes due Aug. I, 1923..
Class "A" 6 preferred stock. ....... i.:.z..;. .
Class B preferred stock.
Common stock
2,500,000.00
1,250,000.00
5,132,100.00
2,987,200.00
J 00,000.00
PURPOSE The proceeds of this bond issue will be used to reimburse the Company's treasury for
capital expenditures heretofore, made, to provide funds for the acquisition of additional
property and for necessary improvement to the plant of the Company.
H I S T 0 R Y The East Bay Water Company, a California Corporation, was formed November 1 3,
1916. The company, with its predecessors, has been engaged for the past fifty-six years
. in the production, distribution and sale of water for domestic and industrial purposes in
the cities of Oakland, Berkeley, Alameda, Piedmont, Emeryville, Albany and San
Leandro in Alameda County, and Pinole and Richmond in Contra Costa County.
These communities are advantageously located on the eastern shore of San Francisco
Bay and have a combined population of 350,000.
S EC URITY These bonds will be a direct obligation of the Company and a mortgage upon all of Its
properties now owned of hereafter acquired. The Unifying and Refunding Mortgage
will have an authorized issue of $50,000,000 and will provide that when and as the
remaining bonds of the First Mortgage can be issued and when and if additional First
Mortgage Bonds are released to the ComDany by the payment of the 6 Note issue
August 1 , 1 923, such bonds must be immediately deposited with the Trustee of the Uni
fying and Refunding Mortgage. There will be immediately deposited under the Unify
ing and Refunding Mortgage $2,500,000 of first-mortgage 54 Bonds.
VALUATION Based upon the valuation of the Company's properties made by the Railroad Commis
sion of the State of California at the time of the incorporation of the Company, plus subse
. quent expenditures for improvements, extensions and betterments of plant, the present
physical property investment of the Company, as of January 1, 1921, is $19,180,000.
The Company owns in excess of 45,400 acres of real estate conservatively valued at
$7,250,000. Total bonded indebtedness outstanding $12,428,900.
Comparative Statement of Earnings
Gross operating revenue N.
Operating expenses, taxes, depreciation.
Net operating revenue.
Non-operating, revenue net......... . .
Net revenue.'
Total interest chargeable to operation . .
1918
.$1,792,509.37
m 959.142.75
. $833,366.62
44.047.52
$877,414.14
.. 535.282.63.
1919
$2,029,145.60
1.074.383.74
$954,761.86
28.387.96
$983,149.82
582.710.35
1920
$2,406,144.68
1.268.630.55
$1,137,514.13
20.820.82
$1,158,334.95
738.984.81
$342,131.51 $400,439.47 $419,350.14
'Application nill be made to the Superintendent of Banks to certify these bonds as legal investment for Savings Banks
in California. These bonds are offered subject to their issue being authorized by the Railroad Commission of the State
of California.
All legal details incident to the issuance of these-bonds V'dl be under the supervision of Messrs. CoodfeUow, Eells
Moore and Orrick, attorney s-at-law, San Francisco. ' ,
Cotton, epot
mi m K iyi i ! 1 tii rm v
W inhiTLL Z mx anHnnnr values Hill
I We Will Pay I '0Wm
I -PAR v I wSjfV:
j and Interest ifffjj- '
J. United I SSBSlEl
I Kingdom of m jxAiA
j Great Britain I S
I Ireland ' 9, BP L
I 5y2 . Notes j 1 XXXZ -J
I Doe November 1, 1921 E
tt Take advantagre ef this RB TTI
I ssrv&t I Money to Loan I ?
ffl for lons-term. hih ield BH I tCon II
I T A D Tf-TCF"Nm ATT. i I
im. t'lUntNt. m
W Fifth and Stork Streets
i"7jl oowRnntrrr-MUMia pal- torpor atom f77
BONDS
PRICE 100 and Interest
BLYTH, WITTER & CO. CYRUS PEIRCE & CO;
Portland, Seattle, San Francisco,
Los Angeles, New York
Seattle, Los Angeles,
San Francisco
All stAtemtits ljereln are official or are 'based on information, which wo regard as Tollable, and -While wo do not graaranto
them we believe them to be correct.
f3 I Business and Residence Property.
Mortgage Bond Company
Wllcoi Bids.
Phone Your Want Ads to
THE ORE GONIAN
aiain 7.07.0. Automatic 560-25
LARGE
PROFITS!
Ton are offered an amazing
opportunity for money making
In the MUNICIPAL BONDS of
Europe's eeventh largest city.
The bonds are secured by a di
rect mortgage of t-t7.691.223 on
city property, against which
there is an outstanding debt of
only three million.
A return to' normalcy will In
crease the value of these bonds
119 times. The country of
which this city is the capital
is showing remarkable recup
erative powers, and normalcy
can be expected at no far dis
tant future. But profits of
100, 600 and 1000 are en
tirely possible within a very
snors time.
Send for onr
Literature M"
STORY & CO., Inc.
512 Fifth Ave, New York
-
I !
PUTS 2odtS CALLS I f
ANY
S10 STOCK EXCHANGE i?0
10 SHARES ISSUE. PROFITS
7-DAY-OP- T t US.
TION FOR 2 J LIMITED
The only way to trade safely.
Write for Booklet 64. FREE, ex
plaining fully.
C. GOLD HURST CO.
Service! Reliability!
i SO Broad St- Hew York I I
Port of Astoria
$100,000.00 Offer $100,000.00
To Ind ividual Investors
AT PRIVATE SALE
ON AND AFTER AUGUST 1, 1921
MUNICIPAL COUPON
GOLD BONDS
In Denominations of $1000.00 Each
On and after August 1, 1921, there will be on private sale
by the Port of Astoria, through Mr. Frank Patton, Treasurer
of the Board of Commissioners, $100,000.00 (par value) 6
Municipal Coupon Gold Bonds dated January 1, 1921, in denomi
nations of $1000.00 each. Serial numbers 3926 to 4025, both
inclusive, and maturing January 1, 1926, without option, as
authorized under Ordinance No. 33, for the sum of ninety-eight
cents on the dollar, together with accrued interest from July 1,
1921, to date of delivery.
These bonds bear interest payable semi-annually on January 1
and July 1 of each year. Principal and interest payable at the
Fiscal Agency of the State of Oregon, New York City, New York.
All inquiries should be addressed to the undersigned.
FRANK PATTON, Treasurer,
Port of Astoria.
Astoria, Oregon
Dated at Astoria, Oregon,
July 15, 1921-