21
TIIE MORNING OREGOXIAN. WEDNESDAY. NOVEMBER 2.?, 1921
SUPPLY OF TURKEYS
IS STILL SHORT
Railroad Blockade Holds Back
Shipments.
MARKET TREND UNCERTAIN
Birds Arc Pro mined for Early
Morning Trade; but Retailers
Are Anxious Over Situation.
Th wholesale turkey market wm In
noet uncertain condition yesterday. Ship-
menu that were due Saturday, Sunday and
Monday from points east of the Caacadei
and from southern Oregon have not yet ar
rived. Tuesday was as late as the re
taller usually puts off his buying for the
Thanksgiving- trade and the non-arrival of
the bulk of the supply put them at much
Inconvenience.
The turkey from Idaho and other east
era points could not be located until Late
tn the day, when It waa said the exprees
would reach the depot before midnight. If
this Is the case, It will be a busy morning
for the wholesalers, who say they can
supply most of their trade, evn If the
birds do not arrive until noon.
The filling of shipping orders, however,
Is another thing. Dealers have hundreds
of orders on their books and have been
able to fill only a part of them so far.
However, they would not be much better
off If they had the supply, as there are not
raajiy points to which they can ship In
time for Thanksgiving.
One good-aised lot of Idaho turkeys was
received during the day by a retailer. Be
ing the laat lot to leave Idaho, they were
the first to be diverted by way of Tacoma
to avoid the blockade on the Columbia.
Most of Front street supply caixte in from
nearby points by auto truck. One small
lot was received from eastern Oregon by
parcel post.
Tha wholesale market was naturally
firm and the supply of good birds cleaned
up closely at price ranging from 42 to 45
cents. Dealers would not hasarg a guess
as to what prices might prevail today, as
much will depend on the hour that the
shipments arrive.
Live poultry sold better than usual be
cause of the scarcity of dressed stock.
Prices were no higher, but the market was
firm.
STORM HINDERS TRADING TS WHEAT
Bids on Local Board Range From Un
changed to 2 Cents Lower.
Not much Interest was shown In the
local grain 'market yesterday. Communi
cation with the country waa difficult and
so far as could be learned trading was
small at all points.
Hard white bids at the Merchants Ex
change were the same as Monday, but all
other grades were 2 cents lower, except
red Walla, which was down 1 cent.
In the coarse grain market the only
change was an advance of $1 on November
and December No. 2 yellow corn.
The Canadian wheat visible Is 46,665,000
bushels against 44,072,000 bushels; oats,
7,712.000 buHhels against 8,822,000 bushels.
October shipments of burlap from Cal
cutta reached 93,600.000 yards, of which
81,000,000 yards wilt come to the east
coast of North America, 6,000,000 yards to
the west coant and 7,000,000 yards to
Pailarta rtninX.. m h 1 nm jam res knut
7.000.000 yards larger than September.
Small lots have been purchased recently,
but the trend of prices, is not .upward. .1 . .
Terminal receipts, in cars, were reported
by the Merchants' Exchange as follows:
Wheat. Bar. Fir. Oats. Hay.
Portland, Tues.. 1 ...
Tear ago 39 3 2 1 6
Season to date.. 16,634 124 1003 468 759
Year ago 7,086 109 359 &3 Si'l
Taooma, Monday 24 ... 3 ... 6
Year ago 12 ... S ... 1
Season to date.. 8,649 78 733 76 8f7
Year ago 2,7b4 40 410 67 438
Seattle. Monday. 14 ... 3 ... 24
Year ago 11 I 2 1...
Season to date.. 4.024 108 1004 260 786
Year ago 2,082 lflO 156 172 890
FINK SALMON MARKET IS STRONG
Chums in Same Relative Position. With
Less Stock A rail able.
A Puget sound salmon authority writes
of the firmness of the pink salmon situa
tions as follows:
'Packers variously are holding their tall
pinks at from $1 to $1.25. Nothing of
erven fair quality Is being offered for less
than $1 and the trend Is toward higher
prices with stocks dally becoming reduced.
"Chums are in the same relative posi
tion as pinks, although less stock Is avail
able. Chums of good quality can be had
today at 00c and they are cheap at the
price.
'We have disposed of our pack of reds
In talis, flats and halves. Very few remain
unsold In Seattle and the northwest.
"In our last bulletin we had some
thing to say about the extensive variation
In the quality of cohoes and medium reds
as packed In the several districts and
buyers would do well to recall those facta
Puget sound cohoes are, of course, supe
rior to the cohoes and medium reds packed
In Alaska. Both cohoes and medium reds
are conspicuously low in price today."
ABOLISH SUGAR CONTROL BOARD
Concerted Effort Being Made to Influence
Cuban Government.
The sugar trade Is closely watching de
velopments in Cuba with reference to the
continuance of control by the sugar finance
committee. It Is Indicated that Influential
Interests In the island are working to have
this control extended to cover the new
crop, a proposition, it Is claimed, that would
operate decisively to the disadvantage of
all interests, from the planting of cane to
the distribution of the refined product,
while furthering those of the people who
are said to be urging It,
It is Intimated that a concerted effort
Is being made by leading members of the
sugar trade In this country to bring Influ
ence to bear on Cuba, which. It Is hoped,
will go far toward preventing a renewal of
restrictions that In the view of a majority
have proved to be highly detrimental to
the best Interests of the Industry.
Navel Oranges of Fine Grade. .
The latest car of navel oranges to reach
this market came from the Tulare section
The fruit is fully equal to the navels usu
ally received In the middle of the season.
They were put on sale at $6.50.
Valenclas are still available but the sup
ply is nearly exhausted. Prices on Valen
clas range from $6 to $7.
Butter Supply Is Reduced.
Receipts of butter hsve been reduced
WHY NOT GET YOUR
Oysters and Shell Fish
BLUE POINT OYSTER CO.
149 FIRST ST.
Betweoa Alder and Morrison
VEAL
Market very firm; short. Ship all
you can and ship early. Prompt
returns guaranteed.
THE SAVINAR CO., IXC
,100 Front St. Portland, Or.
I considerably by tha storm Interruption,
but as tha condition Is only temporary,
dealers saw no reason for making any
chance In cube prices.
The movement of eggs to market, on
tha other hand, has not been checked. The
larger part of the aupply came In by auto
truck. The demand waa active and prices
were firm.
Bank Clearing.
Bank clearings of the northwestern cit
ies yesterday were as follows:
Clearlnns. Balances.
Portland ri.iiSl.iMl $ 37S.OK8
Seattle S.47S.473 1,605.217
Tacoma 670.3H0 51,
Spokane 1.173.0U1 207,4ot
PORTLAND MARKET QUOTATIONS
Grain, Flour, Feed. Etc
Merchants' Exchange, noon session:
Bid
Wheat Nov. Dec. . Jan.
Hard white 1' 1.02 f l.2 t 1.02
Soft while 1.02 1 02 1.02
White club 102 1.02 1.02
Hard winter 1.02 1.02 1.02
Nor. spring 1.02 1.02 1.02
Red Walla 80 .W .
Oats
No. 2 white feed 27 00 27.00 27.00
No. 2 gray 2.0O 28.00 28.00
Mlllrun 16.00 16.00 17.00
Corn
No. 2 E. T. shipment 27.00 25.00 24.00
No. 3 E. T. shipment 24.00 24.00
FLOUR Family patents, $7 per barrel;
whole wheat, $8.20; graham. ; bakers'
hard wheat, ,7.03; bakera' bluestem pat
ents. $6.Sa; valley aott wheat, (5.60;
strairhta. S.T2.V
MILLFEKD Price f. o. b. mill: Mill
run, $20 per ton; mldllnjrs, S34; rolled
Darley, .3tgi3t; rolled oats, sjo; acraicu
feed. 142 per ton.
CORN Whole, $34. cracked. $36 per ton.
HAY Buying price, f. o. b. Portland:
Alfalfa. $14.50 per ton: cheat, $1212.50;
oat and vetch, $14.50(815; clover, $12;
valley timothy, $15413.50; eastern Oregon
timothy, .18&18.30.
Dairy and Country Produce.
BUTTER Cubes, extras, 42fa?43c lb.;
prints, parchment wrapped, box lots, 47c;
cartons, 48c. Butterfat. buying prices,
No. 1 grade, 45c, delivered Portland.
EOGS Case count, 55c per doa. ; candled
ranch, &7(5&c; association flrsra. &7c: as
sociation selects, 60c; association pullets,
50c.
CHEESE Tillamook triplets, price to
Jobbers t. o. b. Tillamook, 20c; Young
Americas. 27c pound.
POULTRY Hens. 1825c. springs. 20
21c; ducks, 20i&2.c; geese. 20c; turkeys,
live. 32fca."c; dressed, 42&45c pound.
PORK Fancy, 13c per pound.
VEAL Fancy, 13134c per pound.
Fruit and Vegetables.
Local Jobbing quotations:
FRUITS Valencia oranges, $5T'per
box: navel oranges, $8.50 per box; lemons,
I87; grapefruit, $4.5007.50 per box;
bananas, Sgfftc per pound; apples, $134
box; pears, $22.50 box; huckleberries.
10015c per pound; grapea, California red
Emperora and Malagas, 1012c pound;
casabae, 8fr3Hc pound; cranberries. Ore
gon, $5.5lti 8 per box: eastern, $21 per
barrel; pomegranates, $3 per box.
POTATOES Oregon, $1.752 per hun
dred; Yakima, $22.25 per hundred; sweet
potatoes, 4&4HC per pound.
ONIONS Yellow, $4.5005 per hundred.
VEUETABLKS Cabbage, lH2c pound;
lettuce, $2.502.75 crate; carrots, $1.50
1.75 per sack; garlic, 12 18c pound;
beets. $1.50(8' 2 per box; cucumbers, $1.50
2.25 per dozen; beans, 1012ftc per lb.;
celery, 70c $1 per dosen; green peppera.
812c per lb.; cauliflower. 1191.60 per
dozen; pumpkins, 2tt3c per pound;
squash,' 21jt3c; sprouts. lT6c: beans.
4c: pink, 5c; lima, 77ttc; red, 8c per
pound; bayo, 6c per pound.
Staple Groceries.
Local jobbing quotations:
SUGAR (sack basin) Cane, granulated.
6.35c pound; beet, 6.15c.
NUTS Walnuts, new crop, soft shell, 24
ft 31c lb.: Brazil nuts. 1820c; filberts. 20
25c; almonds, 2627o; peanuts. 8ttc per
pound.
RICE Blue Rose. 7 per pound: Japan
atyle. 6c per pound.
COFFEE Roasted, bulk, in drums, 18
33c per pound.
SALT Granulated, bales. $3.204.05:
half ground, ton 50s, $17.20; 100a. $16.25.
ho.n kd i comb, new crop, $06.50 per
case.
DRIED FRUITS Date. $7 per case:
figs, 1.40 3. 75 per box; apples. 16c lb.;
peaches, lo917c; apricots, 2326Vjc;
prunes, 74 12c.
Hides. Hops. Ktc
TALLOW No. 1, 4c; No. 2, 9c per pound.
CASCARA BARK 5c a Dound delivered.
Portland.
HOPS 1921 crop, choice. 2662044c per
pound.
HIDES Fresh cured, 6c per pound:
bulls. 4c; calf, 12c per pound; kip, 7c; dry
hides, Rc; dry salt hides, 7c per pound.
PELTS Dry pelts, full wool, 810c
pound; salt pelts, 36 50c each, according
to size.
WOOL, New dip, 820c per pound.
MOHAIR New clip, 16c per pound, de
livered Portland.
Provision..
Local Jobbing quotations:
HAMS All Hires, 27 (8 81c; skinned, 24
83c; picnics, 20c; cottage roll, 23c.
BACON Fancy, 8116 45c; choice, 27
82o; standard, 23 20c
LARD Pure tierces, 14c pound; com
pressed tierces, 14c.
DRY SALT Backs, 1821c; plates, 16c.
OUs.
LINSEED OIL Raw, in barrels, 8c;
5-gallon cans, $1.04. Boiled, in barrels,
91c: 5-gallon cans, $1.06.
TURPENTINE In drums, $1; 5-gallon
cans, $1.15.
WHITE LEAD 100-pound kegs, 12Kc
per pound.
GASOLINE Tank wagons and iron bar
rels, 20c; cases, 88 c.
SAN FRANCISCO PRODUCE MARKET
Prices Current on Vegetable, Fresh
Fruits, Etc., at Bay City.
SAN FRANCISCO. Nov. 22. Poultry
Hens, 23 & 30c; young roosters, 20f25c;
old roosters, 16lg:; ducks. 22 25c; tur
keys, dressed, 4551c; live, 8540c.
Vegetable Artlcbokes, $1S22; squash,
40-pound lug, $11.75; potatoes, $2H.75;
onions, brown, $44.50; wax, $3; toma
toes, lug, $1& 1.50; cucumbers, lug, 50c
$1; peppers, lug, 6575c; beans, string
and wax, 612c; limaa, 1244c; carrots,
sack, $11.25; eggplant, lug, $1.251.50;
mushrooms, box, 50c $1;. lettuce, crate,
$1.752; celery, crate, $1.502.50; pump
kins, sack, 75c$l; peaa, pound, 1015c;
sprouts, 58c.
Fruit Oranges, navels. $56.50; Valen
clas, $48; lemons. $3.504.75; grapefruit
$34.25; apples, 8W and 4-tler. $1.40
3.50; strawberries, crate. $1.502; rasp
berries, drawer. 6085c; blackberries,
drawer, 6085c; figs, double layer, $1
1.50; casabaa. crate, 75c$l; grapea, seed
leas, $4.25; others, $3 4; cranberries, box.
$5.50 8.
Receipts Flour, 1854 quarter sacks;
wheat, 900 centals; barley, 3815 centals;
corn, 84 sacks; potatoes, 6094 sacks;
onions, 700 sacks; hay, 180 tons; hides,
859; oranges and lemons. 3738 boxes.
QUOTATIONS ON DAIRY PRODUCE
Current Prices Ruling on Butter, Cheese
and Kggs.
SAN FRANCISCO, Nov. 22. Butter
Extra, &lc.
Eggs Extras. 73Hc; extra pullets, 55c;
cheese, California Young America fancy
32 Kc.
SEATTLE, Nov. 22. Eggs Select local
ranch, white shells. 62c; do mixed colors
57 38c; pullets, 43 45c.
Butter City creamery, cubes, 46c; bricks
or prints, 47c.
NEW YORK. Nov. 22. Butter Firm.
Creamery, higher than extras, 43tt44c
creamery extras, 43c; creamery firsts, 38
42c.
Eggs Unsettled. Fresh-gathered extra
firsts, 83 66c do firsts, 58 61c.
Cheese steady, unchanged.1.
CHICAGO, Nov. 22. Butter Higher.
Creamery extras. 44c; firsts, 34M,42c
seconds, 8233S4c; standards, 87c
Egga Higher. Receipts, 3898 cases
firsts, 50 C 53c; ordinary firsts, 4347c
miscellaneous. 6052c; refrigerator extraa'
3737ttc; refrigerator firsts, 8630Hc. '
Coffee Futures Lower.
NEW YORK. Nov. 22. There tii.
dation for scattering loag account of coffee
futures in the near months and some trade
selling of later deliveries, presumably
agalnat cost and freight offers. The close
was at a decline of 3 to 8 points. Sales
about 31.000 bags. December, 8.42c; Jan
uary, 8.80c; March, 8.07c; May, 7.87c; July,
7.75c; September. 7.67c.
Spot coffee was dull and nominally un
changed at 84o to 87c for Rio 7s. and
llo to 12 c for Santos 4a
Naval Stores.
SAVANNAH. Nov. 22. Turpentine firm.
7272lc: sales 250 barrels; receipts. 8X3
barrels; shipments, 127 barrels; stock. 9414
barrels.
Rosin, firm; sales, 619 barrels; receipta.
1843 barrels; shipments, 5568 barrels;
stock, 80.241 barrels. Quote: B. D. E. F,
$4.!54.20; G. H, I4.15ff4.25; I, $4.15
4.27fe; K, $4.85; M, $5.1744: N, $5.47)4;
Wli. $5.67 ii0. Oil; WW, $o.g.
JUNIOR RAILS
RUMORS OF RESUMPTION OF
DIVIDENDS CURRENT.
Trading in Bonds Is on Larger
Scale CalfMoney Rate
Advances.
NEW YORK. Nov. 22. Unimportant
ahares of the sail way. steel, oil and utility
groups were conspicuous features of to
day's uncertain stock market, taking the
place of standard issues.
Buying of the Junior rails was stimu
lated to an extent by the reorganization
of the Missouri, Kansas at 1'exas railroad
and was accelerated by unconfirmed re
ports that other roads recently under re
ceivership are contemplating resumption of
dividends.
Missouri Pacific, one of the day's moat
active stocks, owed much of its promt
nence to such rumors 'and others of the
same class were favored by pools and spec
ulatlve interests because of their better
earnlnca
Independent steels were sustained by
circumstantial gossip of prospective mer
gers and further advances in prices of
crude and rerined products accompaniea
the accumulation of oils.
Call money's rise from S to 5)4 per .cent
In the final neur was made tne occseuon
of a selling movement in which the to
baccos. Anaconda Copper. United Fruit,
Gears-Roebuck and Western Union were
most affected.
Sales were 700.000 sharea
Dullness and a lower trend ruled In the
principal foreign exchangee, sterling eas
ing with francs and most European dims.
Tha Greek rats weakened on cables, in
dicating that Athens bad failed in ita
efforta to secure financial assistance in
London.
The broad demand for bonds, especially
underlying railway issues, continued with
strength in other domestic Issues and sev
eral of the foreign division, especially
French municipals, Total sales, par value.
$18,250,000.
CLOSING STOCK QUOTATIONS.
Laat
Sales. High. Low.sale.
Am Beet Sug
American Can
Am Car A Fdy
Am Inter Corp
American Loco
Am Sit A Rfg
American Sug
Am Sum Tob
20O 29 29 i
2.0OU 3 Hi 30 -M
20
31
137
37
93
40
54
. 31
115
78
11
44
86
31
95
38
55
1
43
115
30
45
68
32
26
24
87
64
8
12
133
11)4
73
37
87
55
11
56
25
24
110
113
2.1
15
23
10
13
13
97
78
3
' 8
.50
34
25
H
71
49 V.
45
7
37
23
711
20
113
74
45
23
fil
10
124
11
89
52
4H
83
112
57
88
47
8
200
2,300
3O0
1.1DO
1,-nO
137
37Vi
93,
4H,
55
31
117
7T
H'ft
45
87
31
954
87)4
33
17
4
116
31
48
5M
23
60
33
28
24)4
83
66 '4
8)4
12-4
134
11)4
73
38
38
56
11
57
25
2414
110
114
25
15
24
1)4
14
73
13
97
79
3
9
50
34
25
14
72
4
45
7
37
23
80
20
113
75
45
24
6'.
10
124
12
40
52 '4
4S
83
112
58
HS
4I
137
37
93
40
54
31
115
78
11
43
80
31
94
80
54
16
43
115
30
45
6S
23
6x
32
26
24
87
64
8
12
133
11
72
37
37
55
11
56
24
24
109
111
25
15
23
19
13
72
13
96
78
3
8
60
36
25
1
71
40
45
7
87
23
7!)
1
113
74
45
23
57
10
124
11
89
49
48
82
112
51
88
47
8
1.4U0
Am Tel 4 Tel 10.5OO
Amer Woolen 1.000
Am Z L & a
Anaconda Cop
Atchison ....
Atl Gif W I
Baldwin Loco
Baltl Ohio
Beth Steel B
Butte ft Sup C
Cal Petroleum
Canadian Pac
Central Leath
stoo
7.200
2,100
2.300
6.400
2.4O0
1,01 MD
800
2,500
1.2K
3,0' N
6O0
5UO
1,700
1,100
1.700
OO0
2O0
300
9,700
4.100
8l0
Chandler Mtrs
Ches ft Ohio
Chi Mil ft St P
Chi ft N W
Chi Rift Pac
Chlno Copper
Colo F ft Iron
Corn Products
Crucible Steel
Cuba Cane Sug
Erie
Gen'rl Electric
1.300
General Motors 10.300
Grt -Nor Pfd 3..10O
Illinois Cen..
Insplr Copper
Inter M M Pfd
Inter Nickel.,
litter Paper. .
Kan Cty South
Kennecott Cop
I.ouls ft Nash
9,000
9.6O0
3, 1O0
4,500
2,700
1,100
1,B0
400
Max Petroleum 43.5O0
Miami Copper 1.100
Mid States Oil 2O.70O
Midvale Steel 8,400
Missouri Pacil
Nevada Cop..
New York Cen
N Y N H H
Nor ft Western
Northern Pac
1.400
1,700
1.400
2,300
soo
4.AOO
1,100
100
B.000
5.SO0
700
2.200
6.500
400
3.5O0
1,500
400
5.300
7.-VH)
l.BOO
50
5.SOO
6.0O0
6.000
H00
6.n00
2,100
500
Ok Prd A Rfg
Pacific Mail...
Pan-Am Petrol
Pennsylvania
Pitts & W Va
Ray Con Cop. .
Reading
Rep Iron & Stl
Royal D N Y
Shat Ariz Cop
Shell Tr A Td
Sin O A Rfg
Southern Pacif
Southern Rwy
S O N J Pfd . .
Studebak Corp
Texas Co
Texas ft Pacif
Tobacco Pdta
Transcontl Oil
Union Pacific
II S Food Pdts
V a Ind Alohl
3.00
IT S Rtl Stores 18,000
V S Rubber.
1.600
7.O00
U 8 Steel
U S Steel Pfd
Utah Copper. .
Western Union
West Electric
Willys-Overld.
2,300
400
40
2.200
BONDS.
tl 8 2s reg.
100
NYC deb 6s.
Nor Pac 4s. . ..
Nor Pac 8s.
98l
1! S 2s cou. . . .'100
U S 4s reg '104
IT S cv 4s cou.104)4
82
59
Pac TAT5s...90
Pen con 4s... 91
Sou Fas cv 3a. -93
Sou Ry 5s 8N
Union Pac 4s... 86
U 9 Steel 3a.... 98
Pan 3s reg... '76
Pan 8s cou. . . 76
Am T ft T cv 6s 10
Atch gen 4si. ... 84
D A R Q con 4s 73
Bid.
Liberty Bond Quotations.
NEW YORK, Nov. 22. Liberty bonds
closed:
Liberty .Ss, 93.24; first 4s. 94.98: sec
ond 4s. 94.90; first 4s. 95.10: second
4s, 95: third 4s, 96.50; fourth, 4s,
98.18; victory 8s, 99.88; victory 4s,
99.88.
Boston Mining Stocks.
BOSTON, Nov. 22. Closing quotations:
Allouez 24
Ariz Com. 9
Cal A Ariz .... 53
North Butte. ...11
lOld Dominion ...29
Osceola ...31
Qulncy 43
Cal A Hecla...Z0O
Centennial ....
8 I Superior 2
Copper Range.
East Butte
Franklin
Isle Royalle...
Lake Copper . ,
Mohawk
S5!9up A Boston.... 1
10 I Shannon 1
lIUtah Con a. 2
22 I Winona 45
2 Wolverine 11
5.1 !
Money, Silver, Etc.
NEW YORK. Nov. 22. Call money, firm:
high. 5; low 6; ruling rate, 5; closing
bid. 5; offered at 5; last loan 5.
Time loans, firmer; 60 days, 55; 90
days, S5; 6 months. 35.
Prime mercantile paper, 55.
Foreign bar sliver. 68. Mexican dol
lars, 51.
ounce. Money 3 per cent. Discount
rales, inoii uiuh iivii vvt 1:111, tun,
month bills, 8 15-164 per cent.,
New York Bonds.
New York bond quotations furnished by
Herrln A Rhodes, Inc., of Portland:
Year. Price.
Am Tei A Tels 6s 1022 100
do 1024 HMD
do 125 ion
Am Tob 7s 1922 100
do 1923 10
Anaconda 7s B 1929 100
do 8s A 1929 95
Armour cv 7s 1130 102
Armour 4s 1039 ."
Am Ag Chm 7s 1041 100
Beth Steel 7s 1022 loo
do l2:l 100
do Eq 7s 193.1 101
Bergen 8s. City of. 1!M3 194
Berne 8s, City of 1943 lo
Brazil 8s 1041 103
Canadian Sa 1026 95
do ll'.'U 94 J
Chicago N-W 7s 1 l:so 108
Can Nor 7s 1940 108
Chile 8s 1041 101
Christiana 8s. City of 104.-. 1((8
Copper Bxp 8s 1022 102
Copper Exp. 8s 1923 103
do 1924 103
do 1925 104
Cuban Amer Sugar 8s 1931 10:1
Con Oas cv 7s 1H23 104
Dla Match 7s 10.13 10fl
Denmark 8 1943 107
Danish Mun 8s 1943 108
Dupont 7s 1931 103
French ext. 8s 104.1 101
French 7s 1041 06
Grand Trunk 7s 140 107
Goodyear 1941 108
Gulf Oil 7s 1033 1112
Great Northern 7l 1936 108
Hershey 7s 1930 !
Humble Oil 7s 1923 100
Int Rap Tr ref 3s 16 53
do 7s 1921 76
Jap ext 4s 1031 70
Jap 1st ext 4s 1923 86
Jap 2d 4s ger 8 1025 86
Kennecott 7s 103O HM
I.lbby. McNeil A Libby 7s 1031
Morris A Co. 7s 1930 302
Mexican Pete Ha
NYC call 7a.
.11130
106
107
107
9:t
10.-,
IOK
108
100
107
Norway 8s
Northwest Tel 7s
Pan Amer 7s
Penna 6s
N P G N (Jnt)
.1940
.1041
.1030
.in:i6
.1936
.2047
.1025
,19.".l
.1931
.1951
.1922
64s.
N P Ok
Southwt Tel 7s . .
Standard Oil N Y
Stand. Oil of Cal 7
Steel A Tube 7s . .
Bears Roe 7s .
108 I
93
100
do 1923 100
Swift ft Co 7s 1923 100
Un Tank 7s 1930 1(17
U S Rubber 7s 10 lo 1(4
Wilson 1st 6s 1928 87
West Elect 7s 1025 104
Weatlnghouse 7s 1931 105
Foreign Exchange,
Foreign exchange rates at the close of
business yesterday furnished by North
western National bank of Portland. The
amount quoted Is the equivalent of the
foreign unit In United States funds:
Country. Unit. Rate,
Austria, kronen .........$ .ooos
Belgium, franca twoo
Bulgaria, leva (H178
Czecho-Slovakla, kronen 0110
Denmark, kroner 1800
England, pound sterling s.Oooo
Finland, flnmark ................. .0215
France, francs .................... .O710
Germany, marks .0042
Holland, guilders 0410
Hungary, kronen 018
Italy, lire ,41S
Jugo-Slavla. kronen .0t36
Norway, kroner ................... .1420
Portugal, eecudos ,0oo
Roumania, lei 0110
Serbia, dinars 0130
Spain, pesetas 1380
Sweden, kroner 2346
Switzerland, francs 1S90
China Hongkong, local currency.. .5550
Shanghai, taeis 8000
Japan, yen 4850
NEW YORK. Nov. 22. Foreign ex
change Irregular. Great Britain, demand
$3.98. cablea $3.99; France, demand
7.12. cables 7.12; Italy, demand 4.18, ca
bles 4.13; Belgium, demand 6.89. cables
6.90; German, demand 35, cables 36;
Holland, demand 83.30; cables 35.36; Nor
way, demand 14.10; Sweden, demand
23.30; Denmark, demand 18.43: Switzer
land, demand 18.82: Spain, demand 13.74;
Greece, demand 4.05; Argentina, demand
33.00; Brazil, demand 12.62; Montreal,
91 8-32.
STOCK SHORT 1IT YARDS
REGULAR SUNDAY TRAIX HAS
NOT YET ARRIVED.
Market Quotations Are Not
Changed, but Buyers Pay More
in Some Lines.
The regular stock- train from eaat of
the mountalna. due Sunday, has not yet
arrived owing to the atorm. Three loada
of cattle came in yesterday and some
stock was driven in. . Regular market
quotatlona in all lines were unchanged,
but because of the shortage buyers paid
more than the ruling prices, as was shown
in the case of drive-in hogs selling at
$9 to $9.25.
Receipts were 69 cattle and 2S hogs.
Tha day's sales were as .follows:
Wt. Price.
Wt. Price.
. 136 $9.00
. 228 9 00
steers . 910 $4,501
15 hogs .
5 hogs .
8 lambs
6 lambs
8 lambs
4 ewes .
5 yearl
5 yearl
2 steers
5 steers
ateera . .2 5.00
steer
cow ,
cow ,
Too
700
3.25
2.75
2.00
2 5
225
2.2.J
63
7.00
6.75
7 00
8.50
3 00
2.00
. 120
. 63
. 152
. 72
. 60
. 780
. 992
.1110
.1205
. 950
. 500
. 880
. 840
.1090
.1195
. 9il
.1300
.1190
.U.V
.KI53
. 900
.1080
. 910
. 930
. 695
. 650
". 800
. 485
.1030
.1200
.2100
. 553
. 185
. 166
. 193
. 430
. 280
. 210
. 153
. 173
cow . .
cow . .
cow . .
cows
cow . .
cow . .
cow . .
cow . .
4.301
5.00
3.50
8.00
6.00
5.00
5 25
6.00
5.50
5.50
5.50
5.7-5
1.00
4.73
4.75
4.T5
4.50
2.50
4.00
4.00
9.00
5.25
3.25
3.25
4.00
5.00
4 50
5 00
S.50
10 steers
2 steers
4.751
1 steer .
18 cows .
4.0OI 1 steer
740
3 cows .
3.001 3 steers . .1018
cow . .
cow . .
cows .
heifers
3.501 2 steers
4 001 3 steers
3 00 2 steers
4.731 5 steers
985
..1146
..1130
.. 926
.. 65
.. 930
. .1335
..1210
.. 870
.. 940
..12S0
..1120
. . 188
heifer
heifer
bulls .
bull ..
bull ..
bull ..
mixed
hoas .
3.501 2
cows
cows
COWB
cows
cowa
cow
cow
cow
5.00
3.23i
3.331
3 351
3.501
3.251
9.1BI
17 hogs .
9.001
hogs
3 Bogs .
2 hogs .
1 hog ..
18 hogs .
11 hogs .
10 hogs .
9.00119 heifers . 812
7.001 2 bulls ..1170
4.501 1 bull ... 800
8.75 1 stag ...1090
9.211 9 mixed .. 620
Prices
quoted
at the) Portland Union
stockyards were as follows
Cattle
Choice steers $5 75 6. 30
Medium to good steers 5.25 5.73
Fair to medium steers 4.75 5.23
Common to fair steers 3.734.75
Choice feeders 4.50(5.00
Fair to good feeders 3.754.50
Choice cows sr.d heifers 4.505.O0
Medium to good cows, heifers... 35OW4.O0
Fair to medium cowa. heifera... a Mtifr4 00
Common cows 2. 73 3. 50
Canners 1.30W2.75
Bulla 3 (MIC,, 4 00
Choice dairy calves 8.309.0fl
Prime light calves 6 00 8 00
Medium light calves 6.00 8.00
Heavy calvea 5.00 6.50
Hoga
Prime light ' 8.258.73
Smooth heavy, 200 lbs. and up.. 7.00 8.00
Smooth heavy, 300 lbs. and up.. 8 00 67 00
Rough heavy 8.00(66.73
Fat pigs 8.25 r 8 73
Feeder pigs 8 50ff9.00
Stags, subject to dockage 4.005.75
Sheep
Bast of mountain lambs 6.307.00
Best valley lambs 5 0(l3r,o
Fair to good 3.00 5.30
Cull lambs 3 00 fr 4 00
Eastern Oregon feeders 4.505.0O
Light yearlings 4. ."(((n 5.00
Heavy yearlings 3.OO&4.50
Light wethers 3.504.50
Heavy wethers 2.50 (ft. 30
Ewes 1.00O3.83
Chicago Livestock Market.
CHICAGO. Nov. 22. (United States Bu
reau of Markets.) Cattle Receipts, 13.000
head; Deer steers ateaoy to 23c higher:
quality improved; top, 1422-pound steers,
ID. 75; nandywelghts held higher: bulk beef
steers. $69; she stock, bulls. Blockers
and feeders, firm; calves, strong; bulk
vealera, $7 60 8.
Hogs Receipts, 45.000 head; 10c to 15c
lower than yesterday's average; mostly 15c
lower; top, $6.90 on 150-pound average;
practical top, $6.85; bulk. $6.606.80; pigs
steady to 15c lower; bulk desirable.
8.o7.
Sheep Receipta 13,000 head; fat lambs
opened steady to 15c higher; fat sheep 25c
higher; feeder lambs steady to 10c higher;
fat lambs early to packers, $99.25; to
shippers. . $9.40; good 112-pound fat ewes.
$4.35; top feeder lambs. $8.50.
Kansas City Livestock Market.
KANSAS CITY, Mo., Nov. 22. (United
8tates Bureau of Markets.) Cattle Re
ceipts, 9000 head; active, better grades beef
steers and she stock strong to 25c higher;
lower grades steady to strong; 1030-pound
yearlings, $8.30; bulk killing steers, $3.73
7.15; choice vealera, steady, few over
$7.50; medium and heavies strong to 23c
higher; bulk. $5.506.25; bulls mostly 25c
higher: bulk. $33.50; stockers and feed
ers steady; bulk, $4.25C.25.
Hogs Receipts, 13.000 neao: open iw
25c lower to shippers', closed, 25 35c lower
to packers: bulk, 190210-pound weights.
$5.508.60; top, $8 85; packer top, $8.65;
bulk of sales, $6.256.65; bulk throwout
sows. $5.50 3.83; pigs, steady, bulk, $7.25
7.50.
Sheep Receipts, 5000 head; slow gen
erally, steady; ewes, $3.85; lambs and
yearlings, strong; natives and fed
lambs, $9.
Omaha livestock Market.
OMAHA, Nov. 22. (United States Bu
reau of Markets.) Hogs Receipts. 75O0
head: mostly 1015c lower; bulk medium
and light butchers, $6.358.50; top. $0.65;
bulk strong weights and mixed, $86.25.
Cattle Receipts. 5000 head; beef steer,
steady to 15c higher; no choice fed .teers
here: she stock steady to 25c higher: bulls
strong; veals, stockers and feeders steady.
Sheep Receipts, 14.000 head; opening
salea lambs. 1020c lower; closed strong
with Monday; bulk, $8.308.65; top, $8.83;
sheep yearlings and feeders steady.
Seattle Livestock Market.
1 SEATTLE, Nov. 22. Cattle, steady; re
ceipts. 27 head; prices unchanged.
Hog. Firm, no receipta, prices un
changed. Metal Markets.
NEW YORK, Nov. 22. Copper, firmer;
electrolytic, spot and nearby, 1313c:
later. 1313c.
Tin. steady; spot and nearby, 29.62c; fu
tures. 29.62c.
Iron, steady; unchanged.
Lead, ateady: spot, 4.70c.
Zinc, quiet; Eaat St. Louis delivery, spot.
4.75c.
An tlmony Spot. 4.5,54.75c.
Dried Fruit at New York.
NEW YORK, Nov. 22. Evaporated ap
plea quiet; prunea, better demand; peaches
scarce. v
Cotton Market.
NEW YORK, Nov. 22. Spat cotton,
stendv: middling. 18 40c.
ALFALFA HAY
Bay Direct. Save Money,
t Write or Wire for Prices.
ERNEST T. FBEEPOXS,
Walla Walla, Washington. '
HUT COURSE'ERRATIG
NET CHANGES FOR DAY ARE
' NOT IMPORTANT.
Bulges at Chicago Bring Out Sell
ing and Buying Power Devel
ops as Market Declines.
CHICAGO. Nov. 22. It was a typical
scalping market today In wheat. With no
-big dominating factor, bulges brought out
selling, but te buying power increased on
declines. Closing quotations were steady
at the same as yesterday to c higher,
December $1.09 to $1.09 and May
$1.11 to $1.11. Corn finished c to c
up. oats off a shade to tyc and pro
visions unchanged to 17c higher.
At the start, bulls in wheat had a slight
advantage, owing to scantiness of offer
ings, especially In December. Too much
rain in Argentina and excessive heat in
Australia were reported and there was
atitl uneasiness over drought in the south
west. Abaence of export demand, how
ever, and a forecast of snow or other
moisture for all state where dry weather
has been a drawback, tended to weaken
the market during the middle of the ses
sion. On the other hand, shorts were more
disposed tn cover in the late dealings,
lightness of receipts drawing attention to
possibility of a squeeze In obtaining sup
pHes for ready settlement of December
contracts here. Besldea Ohio millers were
said to be bidding to exporters for No. 2
hard winter wheat which could be shipped
back from Buffalo.
Good export and industrial demand gave
firmness to corn.
Oats were relatively dull, although for
the first time in months soma oats were
sold here to go south.
Buvlng of lard, presumably against sales
of cottonseed oil. appeared to have con
siderable to do with upturns In the pro
vision market.
MARSHFTELD. Or.. Nov. 22. (Special.)
Shipping waa partially released yester
day when the Daisy Freeman came into
port at noon, but other craft which souaht
to leave port gave it up and are awaiting
favorable conditions. The Curacao is in
the lower bay at anchor, while the Johanna
Smith, which has been waiting since Sat
urday, Is also barbound. The Johanna
Smith dragged her anchor Sunday night
and for a time was stranded on the mud
flats next to the channel. The wind Is
still high In this section and occasionally
squalia are noted.
A deep-aea fishing boat, the Lucille, was
sunk Saturday nlf ht in the lower bay
while engaged in fishing for crabs. The
coast guard crow yesterday took her ashore
and afterward brought her to her moorings
on the Marshfleld waterfront. Nobody
was drowned.
The tug Sea Eagle, with the schooner
Ecoia, disappeared from off the bar and
has not been sighted.
The tug Sampson and barge Washtucna
are supposed to be waiting in the vicinity
of the Umpqua river to get inside, as they
left San Francisco last Thursday.
Four inches bt rain fell in .two days and
the record for Monday was more than
half an inch.
Leading futures ranges as follows:
WHEAT.
Open. High Low. Close.
Dec $1.09 $1.10 $1.08 $1.09
May 1.11 1.11 1.10 1.11
CORN.
Dec 49 .49 .49 .49
May 54 .54 .54 .54
OATS.
Dec 83 .33 .32 .32
May 88 .38 .37 .32
MESS PORK.
Jan. 105
LARD.
Jan 8.30 8 62 8.30 8.80
May 8.75 . 9.02 8.73 8.92
SHORT RIBS.
Jn 7.25 7.87 7.25 7 30
May 7.65 7.77 7.63 7.67
Cash prices were:
Wheat No. 2 hard. $1.10; No. S north
em, $1.14.
Corn, No. 2 raxed. 8050e; No. 2
yellow, 5050c.
Oats No. 2 white, 35 36c; No. 3
white, 8234c.
Rye No. 2, 83c.
Barley B459c.
Timothy seed $5.
Clover seed $12.5 18.50.
Pork Nom inal.
Lard $8.758.85.
Ribs $6.50 7.50.
Grain at San Francisco.
SAN FRANCISCO. Nov. 22. Grain
Wheat, milling, $1.80 1.90; feed. $1.859
1.95. Barley, feed, $1.251.S2; shipping,
$1.S51.45. Oats, red feed, $1.401.60.
Corn, white Egyptian, $1.60 1.65; red
milo. $1.501.55.
Hay Wheat, No. 1, $17 19; fair. $14
617; tame oat, $15(918; wild oat, $11013:
alfalfa, $1516; stock, $912; straw, $10
12 a ton.
Seattle Grain Market. ' -
SEATTLE, Nov. 22. Wheat Hard white,
soft white, white club, soft red winter,
$1.04; hard red winter, northern spring,
$1.06: eastern red Walla, $1.02; Big Bend
oluestem, $1.11
City delivery: Corn, whole yellow, $33;
cracked, $36; feed meal, $36; barley, whole
feed, $33; rolled $35; ground, $35; clipped.
$89; oats, whole f'ed, $3230; rolled, $34
88; ground, $3438; sprouting, $35;
wheat, recleaned feed, $3840; all grain
chop, $36: chick starter, $35; chick mash,
$47; growing feed, $53; growing mash, $45,
egg mash (no bone meal), $40 44; scratch
feed, $42; dairy feed, $35; cocoanut meal,
$29; cottonseed meal, $46; linseed oil
meal, $59; soy bean meal, $60.
Primary Receipts.
CHICAGO. Nov. 22. Primary receipts
Wheat. 652.000 bushels versus 1.085.OO0
bushels. Corn, 553. OOO bushels versus 488.
000 bushels. Oats. 369.000 bushels.
Winnipeg Grain Market.
WINNIPEG. Nov. 22. Wheat. November,
$1.11; December. $1.03; May, $1.09.
Minneapolis Grain Market.
MINNEAPOLIS. Nov. 22. Wheat, De
cember. $1.19: May, $1.18.
Barley, 36 52c. Flax, No. 1, $1.78
$1.85.
Duluth . Linseed Market.
DULUTH, Minn., Nov. 22. Linseed On
track, $1.82; to arrive, $1.78.
New York Sugar Market.
NFW YORK. Nov. 22. Raw sugar Cnn-
"j xjjs t t rbjPOs good car;
doctors, lawyers and prominent business men
throughout the State of California realized the
merits of our offer and became partners in this
enterprise.
COMMON STOCK
NOW OPEN TO THE PUBLIC
$12.50 Per Share
PARTIAL PAYMENTS
Sold in lota of ten shares, and upwards
NO PROMOTION STOCK ISSUED
DURANT MOTOR CO.
OF CAXIF0BXL4
Dint. Off lev
1037 X. W. National Bank Bldsr.,
Portland. Or.
4olx i NotM.-n on cup & kah
Ha
, Ad 1
What Constitutes a
Good Bondhouse?
We move to our new
ground floor location,
Gordon Building, Fourth
and Stark Sts., about
December 1, 1921.
trlfugal, 8.874.11c. Refined sugar Fine
granulated, 8 20 5.80c.
PATH TO LUTON URGED
DIRECTOR WOODWARD WRITES
TO COUNTY COMMISSION'.
Member of School Board Says That
Children Are Menaced In ,
Walking on Highway.
Still insistent that Linnton road,
recently the scene of a fatal traffic
accident, should be bordered with
walks for pedestrians, School Direc
tor Woodward has written to County
Commissioner Rudeen in behalf of the
proposal for the safety of school
children who use that highway. In
support of his plea he cited the most
recent instance of injury, that of
two children who were so severely
bruised by a passing automobile
to conitne inem to noep(ii i-uia.
Director Woodward suggested that
walks be installed along the highway
from St. Johns ferry to th city
proper.
"We have much unemployment,"
said the letter. 'The county is ren
dering material aid. In the aggregate
a very large amount, to meet the
distress due to lack of work. And
yet a pathway besida our highways,
such as would make them safe for
pedestrians, could be built for rela
tively little expense. A four-foot
strip at most six feet of earth
thrown up by hand, covered with
crushed rock and then with rock
screenings, all of which we have at
Kelly butte and at the county quarry
this side of L.in.nton. done with un
skilled labor, would accomplish the
purpose."
SALMON MARKET ACTIVE
Umpqua Chinook ' and Sllverside
Season Proves Profitable.
MARSHFIELD, Or., Nov. 22. (Spe
cial.) An unusually good market was
afforded fishermen on the Umpqua
river during the Chinook and silver
side season which ended November 20.
The Pacific Fish & Cold Storage com
pany accepted every fish offered to
it and turned down many orders It
could not handle. Many other sections
of the coast did not have such an ex
perience and some In this vicinity
failed to take offerings as they came.
The run on the Umpqua was the
heaviest tn three years and fishermen
caught from 100 to 350 fish nightly.
Reports from Reedsport indicate the
fishermen are confident the steelhead
season, which opens December 20, will
be as favorable for them as the one
lust closed.
TELEPHONE WORKER HURT
Frank Peterson Gets Shock From
Crossed Wires.
KALAMA. Wash., Nov. 22. (Spe
cial.) While doing some repair work
at the switch station three miles
north of Kalama Monday, Frank
Peterson, manager of the Kalama
branch of the North Coast Powef
company, picked up a telephone' re
ceiver and was shocked so violently
that he fell unconscious to the
floor, breaking the receiver cord. The
DoYouKnow?
That during the month of
September over tour hundred
people, including bankers,
Phone Mala (M04.
THERE are bondhouses and
bondhouses but a reptf
' table bondhouse has certain
well-defined differences.
A booklet we have published
gives some of the tests which
you can apply to a bondhouse to
determine its standing.
Does it back the securities which
it sells with its reputation and
its good name?
Does it expect to serve its
present clients in a trustworthy
manner for many years?
Blyth, Witter. & Co.
asassssssssssssBassasBBsas
402 Yeon Building, Portland
Seattle San Francisco New York Los Angeles
high voltage was a result of crossed
wires running from the plant.
Tha current was so strong that
Peterson could not release his hold
on the receiver, and the breaking ol
the cord possibly saved him from be
ing electrocuted. Peterson's hands
were quite badly burned.
4-Month Auto Trip Ends.
HOQUIAM, Wash.. Nov. 22: (Spe
cial.) Charles Mlesse and William
Fee rambled Into Hoqulam yesterday,
completing a four months' trip by au
tomobile, during which they covered
approximately 10,000 miles. They vis
ited Yellowstone park on the way
east and came back over' the Santa Fe
DAILY HETEOROI.OdlCAL REPORT.
PORTLAND. Nov. 22 Maximum tem
perature, 33 degrees; nilnimum. 40 degrees.
Klver reading. 8 A. M., 14.4 feet; change
In last 24 hours. 3 4 feet rise. Total rainfall
(3 P. M. to 5 P. M ). 0.3B Inch: total raln
fallnlnoe September 1. 13.31 incht-s; nor
mal ralnfal lslnee September 1, 10111. 10.18
inches; excess of rainfall since September
:. lal. 3 IS inches. Sunrise. 7:21 A. M. :
sur.set. 4::i3 P. 31. Toetal sunshine No
vember -2, none; possible sunshine. 9
hours 12 mlnutet. Moonrise "Wednesday,
1:40 A. M. ; monset Wednesday, 1:1N1 p.
M Barometer (reduced to sea level) at
6 P. M., 2U.8.1 inches. Relative humidity
ct 3 A. M.. 84 per cent; at noon, 73 per
cent; at 3 P. M . NS per cent.
TUB WEATHER.
asl
9
Wind
STATIONS.
linker
6JO.oiM4.SW
Rain
lioise .....
l(oton . . .
Calgary ..
Chicago ..
Denver . . .
Des Moines
llureka
Helena
54 0 . 00 . .
...o.oo..
. . . o.ool. .
...'o.oo,..
55 0.00 . .
. . . 'U.OOi. .
58 0.30 ..
. . o.oo: . .
. . . o.ooi . .
74 O.OOi..
SK 3.3:1 . .
68 o.oo; . .
. . . o.oo: . .
. . . !o.(H'. .
. . .'o.oo . .
Cloudy
NE
sis'
Pt. cloudy
jClear
Iclear
Itain
IClear
Kansas City
I.os Angeles
Marshfleld .
Modford ..
Minneapolis
W
SW
SIS
New Orleans
Nfw York. . .
North Head.
1'hoeulx
Pocatello ...
Portland
Roseburg
Sacramento
t. Louis....
Salt Lake...
San Diego..
30 1.02 24 W
HO O.OO!. ,!SW
8-' 0.28 10!S
5 0..V.I1O V
Ml 0.01)1. .IS
3ti 0.32! . ,;S
Cloudy
Clear
Rain
tlnu.ly
cloudy
.Cloudy
0.0(1 .
Ill) O.oo:.
flu o.oo!.
80 0. Ml!.
iSK
SW
Cloudy
Clear
S. Francisco
'SW
Cloudy
Cloudy
Tacoma . . .
Washington
Winnipeg
"Yakima
48 0.1HM0 SW
. . . 0. oo:
. . 'o.oo1 ..!..,
so o.2!.
IP. cloudy
tA. M. today. -P. M. report of preceding
day.
FORECASTS.
Portland and vicnity Rain; southwest
erly winda
Oregon and Washington Occasional
rain; diminishing southwesterly winds on
the cosst.
To Brokers
and
Dealers in Securities
ATTRACTIVE terms can
be arranged for any part
of the remainder of
16,000,000 (over half sold)
of 6 debenture gold
bonds, in denominations of
$1000, $500 and $100 each,
with bonus of correspond
ing profit-sharing certifi
cate, issued by the Bene
ficial Loan Society, incor
porated 1913.
For many years the Society
has paid investors 6 yearly
interest (by quarterly coupons
31 paid) and also hlo profit
sharing in addition, making a
total of 11" yearly.
These securities are good' and
will stay good. They are held
by many representative, dis
criminating investors. Under
writing commitment not re
quired. Listed in industrial
volumes of all standard se
curity manuals.
The society has offices In many
cities, north, east, south ana
west. It requires additional
funds to extend the system.
The society is the largest cor
poration in the world exclusive
ly makinfr Industrial loans. It
Is conducted In a spirit of serv
ice and not solely to make
money.
Correspondence Invited with sa.
curlty sales organizations or In
vestment brokers. Kindly state
experience, equipment, etc.
For full particulars, terms and
ronvincliiK literature for Im
print addreMi
Clarence Hodson, President
2a t'ortlandt St. Krw York
THE INVESTOR'S
POCKET MANUAL
ITS Pas sWsUsI IssskmI Mortal
J, 000 nigs sad low records sad statistfesl
description ( 400 corporations, important
'acts, earnings, dividends, etc Vt ill to
furnished FREE by so. larcsiincat hoase
to investors on request OR mm will furniah
names of reliable houses who will supply
FREE monthly copies OR for JOc Istrsi
i'sne will he sent direct b FIN ANf'IA!
PRESS, Publishers, lis Broad St., M. Y.
Does it maintain a market for
the securities which it has spon
sored as long as they are out
standing in the hands of the
public?
Does it sell a "speculation" under
the guise of an "investment?"
Read this booklet, "Principles of
Safe Investment," which explains
these points fully and tells you
how to make safe investments.
You can obtain a copy of this
booklet without charge by writ
ing or telephoning your request
or calling at our office.
trail into California scenic doIiils.
fn-n north. They went as far east s
Ohio. 'Himt
Wallowa
6 Gold Bonds
The City of Wallowa.
Oreson. incorporated In
18it, Is the prosperous
trading center for the
western part of Wallowa
County. It Is served by
the Union Pacillc Ilail
road (La CJrande-Enter-prlse
branch) and is sur
rounded by extensive ag
ricultural territory suited
to all kinds of farming,.
Lumbering, dairying, the
nroduction of fruit and
livestock are additional
substantial imlustrlos.
Population, officially est1
niated, 1 20.
These bonds are Keneral
obligations of the city,
dated October 1. 11)21. and
pavuble serially In the
years 191! to 1931, both
Inclusive.
J'rlreo to Yield
6.10
Income Tax Exempt
CLARK-KENDALL
Fr CCL1NC.
lik Fifth and Stork Streets
I sjen GOVERRrtLNT MUNICIPAL' tWrWAiwrl
BONDS
Thankful
Parents
Prudent parents
encourage their
children to save
and are thankful
to see them form
the habit of regu
lar deposits with
Ashley & Rume
Lin, Bankers.
H0URS-8 AM TO 530PM.
S ATU R DAYS 8 AM TO 8 PM
HOW TO BUY
SAFE BONDS
The following- bookleta may be obtained
rratls by writing, on your business or
personal stationery.
"10-Year Price Range of All
Listed Bonds"
together with ini'l Sales and Prices
"Buying Safe Bonds on
Partial Payment Plan"
Also
Semi-Monthly Investment
Circular
L. A. HUGHES & CO.
INVESTMENTS
100 Broadway
New York
HERRIN&RHODES,Iqc.
EstabUabed 1808,
BROKERS
jcir York Storks. Itomls. Grain. Cola
Private Wires. Members Ctiivasa
liouril of Trade.
201-S Railway Exchange Rids.
Talaobuoa MMo ISJ-ilSi.
FOREIGN EXCHANGE
Lowest nates. Watch
Our W Indosr.
Direct Wire Service from New York.
TKA1S-ATI.ATIC K.S1ATKS
A t'KF.DIT CO.
103 Second tit.. Near Stark.
Mnrahall 2o.".
tag s yiiiiu I f( I
ml
Am
rf.'.jjfcOR SECONDS STARK STH
I