21
THE MORNING OIIEGONIAN. WEDNESDAY, NOVEMBER 30, 1921
T
RANSFERS 0 WOOL
ON ACTIVE SCALE
Demand Keen, Especially for
Finer Grades.
BUYING BY EASTERN FIRMS
Trading Largely Speculative, With
Manufacturers Covering Fu
ture Requirements.
The demand for Oregon woo! continues
and the liberal purchases for eastern ac
count are steadily reducing local ware
houee stocks. The strongest call Is for
fine wools, of which little Is left In the
east.- The demand, as was stated before,
is mainly speculative and bears no rela
tion to the present state of the foods
trade.
It Is believed by wool men that with the
final enactment of the emergency tariff
extension bill, under the terms of which
the bill Is continued In force until a per
manent tariff Is enacted, the Importation
of wools suitable for clothing; purposes can
hardly be accomplished to any extent be
fore next summer'. An early enactment of
the permanent tariff would, of course, al
low considerable wool to be Imported at
once, as the manufacturers are beginning
to accumulate considerable stocks of cloth
Ins; wool In bond.
Several cargoes, mostly of Australian
and South American wool have come for
ward during the past fortnight, more or
less of which has been consigned direct
to the larger manufacturers. Probably
present stocks of clothing wool In bond at
Boston are not lens than 10,000,000 pounds,
with cargoes still coming to augment
these stocks and still other wool unshipped
which will be sent forward presently. We
must have wool from abroad, more espe
cially fine wool from Australia, since we
have been decreasing bur production of the
finer wools In this country of late, for we
produce no more than 50 per cent of our
consumptive requirements in raw wool
from year to year.
The government which now haa slightly
ever 25,000,000 pounds of wool left, has
made allocations for the next sale on Pe
cember 1, when almost 7,000,000 pounds
will be offered for sale. The wool trade
Is Interested In the announcement of a
10 per cent decrease In wool freight rates
from the west to eastern seaboard for an
experimental period of six months. The
announcement was not unexpected and
will probably help business not a little.
LOCAL WHEAT PRICES IN 6LCMP
Bids at Merchants Exchange Reduced
From One to Six Cenls.
With the sharp break In Chicago options
and weaker private cables the local wheat
market took a drop yesterday. Bids at
the Merchants' Exchange were 1 to 4 cents
lower for the November and December de
liveries, while January wheat was down
4 to 6 cents as compared with Monday,
Eastern reports were of 500,000 bushels
f wheat taken for export.
A private cable said the wheat crop In
Buenos Aires province la not satisfactory.
The Argentine market, which advanced
7 to 714 cents In the last two days, closed
weak and 2H cents lower.
Wheat and flour on passage to Europe
Increased 100, 000 bushels for the week,
corn Increased 714,000 bushels and oats In
creased 3S,0nr bushels.
The Canadian wheat visible Is 81.611,000
bushels against 18.144,000 , bushela last
"year, Oats T, DM,000 bushels against 8.590,
000 bushels and barley 2,341,000 bushels
against 1,089,000 bushels.
Amendment to regulations under the'
TTnlted States grain standards act reduces
the minimum fee In an appeal or dispute
on bulk or sacked grain in carload lots
from 3 to 12 per car, and establishes a
flat rate of 50c per 1000 bushels on bulk
or sacked grain other than In carload lots.
This latter rate Is applicable to grain
loaded into vessels. The amendment be
came effective October 29, 1021.
Terminal receipts. In cars, were reported
by the Merchants' Exchange as follows:
Wht. Bar. Fir. Oats. Hay.
Portland Tues. 9T ... 23 4 2
Year ago 2 2 1 8
Besnon to date.l",7f4 124 1052 4T5 775
Year ago.... 7,4.12 121 871 264 882
Tacoma Mon... -44 ... 8 ... 1
Year ago .... 28 1 6 ... 2
Reason to date. B.T4B 78 756 76 410
Year ago .... 2.8S3 41 431 63 4SS
Seattle Mon... 82 2 7 ... 10
lear ago... ... i
Season to date. 4.110 114 1156 261 857
lear ago... 2.780 160 ltia 194 824
CAKLOT APPLE SALES NOT NUMEROUS
Northwestern Fruit Generally Steady In
Eastern Markets.
Apple market conditions generally show
little change. Few sales were reported at
chipping points. Wenatchee moved extra
fancy Wlnesaps, 10 per cent five-tier at
I2I&2.25, and fancy at 11.7591.95: also
Ben Davis, extra fancy, medium to large,
at $1.401.60, and fancy at $1.15 1.25.
Yakima sold extra fancy medium to large
Wlnesaps at 12 and small at $L.151.85;
also Romes, extra fancy, medium to large
at 11.65 and fancy at $1.40 1.50.
At Boston, Oregon Spltxenbergs, fancy
11 sizes, sold at $2.25 2.50.
Northwestern boxed apples sold to New
York Jobbers at the foNowIng range:
Romes, extra fancy large $2.50(I2.60, few
$2.75, small to medium $26:2.25 few high
as $2.40, fancy large $2.252.50, amall to
medium $22.13, C trade medium to large
$2ffl2.25. small $1.T51.85, comblnatloo
extra fancy, fancy and C all sizes $2 0
1 60. Spltzenbergs. extra fancy medium to
large IJ.60S2.7S, very large $3)3.10, small
mostly $2.25, fancy medium to large $2.2
2 50. few very large $2.752.85, C grade
all sizes f 202.19. - Staymans, extra fancy
medium to large $2.502.75, small $2,25 3
2.85. fancy car run $2.25. Newtowns, ex
tra fancy medium to large $2.502.75,
few very .large $2.85, small mostly $2.25
fancy all sizes $2.2352.50, C grade all
sizes $22.15. Ortleys, extra fancy large
!2.50f2(X). few $2.85, small to medium
$2 254(2.40, farcy medium to large mostly
$2.25, C grade all sizes $22.15. Mcin
tosh, fancy small to medium $2. 2562. 60,
few $2.85, large mostly $2.
BITTER, Sl'KI'Ll'S IS SIIIITED NORTH
Higher Prices Asked by Importers of Aus
tralian Butter.
No immediate change in local butter
prices Is contemplated as a result of the
pon-recelpt of orders from California. Ship
ments are being made to Seattle. Tacoma
and Vancouver, B. C, and this Is pre
senting the accumulation of a surplus
LAMBS
Karket very firm at 15c to 16c per
pound on light fancy stock. Veal
and hogs also firm. Ship at once.
THE SAVINAR CO., Inc.,
100 Front Street, Portland, Oregon
ALFALFA HAY
Buy Direct. Save Money.
Write or Wire for Prices.
KR.NKST T.
Walla Walla,
FBEF,PO9,
W astainartoau
here. Some of the local creameries, in
fact, are short. Pending new developments
in the south, local prices will be held
where they are. A quotation of 40 cents
on Australian butter was sent from San
Francisco, showing there is no Intention
of throwing the imported article on the
market yet.
There was a weak feeling in the egg
market and asking prices on the street
were about a cent lower. The abrupt drop
In San Francisco prices and the Increase
In local receipts since the storm are hav
ing a bearish effect on the fresh egg mar
ket, while there Is also mora pressure to
sell storage eggs.
Live poultry receipts were light and hens
and springs were steady. Dressed turkeys
cleaned up at 37 38c for choice.
Dressed pork was weak and lower with
no sales above 13 cents. Arrivals failed
to clean up. There was no change in the
veal situation.
Eastern Butter Markets React.
The usual heavy run of holiday poultry
haa been marketed, resulting In a full sup
ply on all markets, which Is being moved
st steady prices, says the weekly prod
uce review of Swift at Co. of Chicago.
The butter market has reacted a little
from declines noted during the previous
week. There Is a larg amount of butter
being made that will not grade up to
standarda or extras. More frequent mar
keting and better care of the cream on
the farm would prove . beneficial. A large
shipment of butter from Australia arrived
during the week at San Francisco.
Fresh eggs continue In light supply, sell
ing at steady prices.
Bank Clearings.
Bank clearings of the northwestern cities
yesterday were as loimwa.
Clearings.
Portland $4.2R.6I9
.eattle S.876.580
Tacoma 4o.ool
Spokane 1.512.3i 1
Balances.
$ 622.5:11
1,264.145
21.302
648,310
PORTLAND MARKET QUOTATIONS
Grain. Flour. Feed. Etc.
Merchants' Exchange, noon session:
Bid
Wheal Nov. Dec. Jan.
Hard" whit j o? $10 -
oft white J-" Ml;
White club l.o 1.06 1. :
Hard winter '-
North- spring 1.05 1.05 1.02
Red Walla LOO 100 ....
No?2t'whlte feed 2W ? ?
No. 2 gray 25.00 25.00 25.00
No?3nE7 Y. shipment. . 26.00 25.00 23.00
FLOUR Family patents. $7 per barrel:
whole wheat. $8.20; graham. $6; bakers'
hard wheat. $7.05; bakers' blueatem pat
ents, $6.55; valley soft wheat. $S.0;
straights. 15.25.
MILLFEED Price f. o. b. mil!: MI11
run, $20 per ton; mldlings, S4; rolled
barley, $3436; rolled oats. $36; scratch
feed. $42 per ton.
CORN Whole, $34. cracked, $36 per ton.
HAY Buvlng price, f. o. b. Portland:
Alfalfa. $14.50 per ton; cheat, $12 12.50:
oat and vetch, $14.50fl5: clover, $12:
valley timothy, $1515.50; eastern Oregon
tlmottiy, $18 18 60. .
Dairy and Country Produce.
BUTTER Cubes, extras, 42i3'43o lb.;
prime, parchment wrapped, box lots, 47c;
cartons, 48c Butterfat, buying prices.
No. 1 grade, 45c, delivered Portland.
.r. f -A.,n, Anx CAndled
ranch, 566 57c: association firsts. 57c; as
sociation selects, ouc; associauou
50c
CHEESE Tillamook triplets, price to
i.hh... r n b. Tillamook. 26o: Young
Americas. 27c pound.
POULTRY Hens. 1827c: springs, 21c;
ducks. 2025c; geese, 1820c: turkeys.
Ifve. nominal; dressed No. 1. 37 38c lb.
pokk fancy, uc per pounu.
VEAL Fancy. 13H14c per pound.
Fruits and Vegetables.
Local jobbing quotations:
FRUITS Valencia oranges, $7 per box:
navel orangea, $ Q 6.75 per box; Japanese
oranges. $2.80 per bundle: lemons,
$5.5090 50: graperrult, 1'I :a per mi;
bananas, 8 9c per pound; apples. $14. 10
box; pears. $2 2 50 box; huckleberries,
.mane nmtnH- rran.i. California red
Emperors and Malagas, 1012'ic pound;
casabas. SfT3V4c pound: cranberries, Ore
gon. $5.608 U per box; eastern, um-a per
barrel
onTiTAM rt,.rnn 11 75(612 ner hun
dred: Yakima. $252.25 per hundred; swest
potatoes. per pouna.
ONIONS YMlOW, 4.0U'0,0 Per nunureu.
VEGETABLES cannsge, lttW2o pound:
i... taui tk rnrrAtR XI 50
per sack: garlic. 124 818c per pound:
beets, fl.noz per mi; ri-mnDno, .
02.25 per dosen: beans, 1012"4o per lb.:
celery, 70c$l per dozen; green peppers,
812c per lb.; cauliflower. $2J2.50 per
dozen; pumpkins, 2V43e per pound;
squasn, 2ttB '3c: sprouts. 17Vio.
Staple Groceries.
Loral jobbing quotations:
SUOAR (sack basis) Cane, granulated,
6.35c pound: beet, 6.15c.
NUTS Walnuts, new crop, soft shell, 24
Sic lb.: Brazil nuts. 18p20c; filberts. 20
tT23c; almonda, 2827c; peanuts, 8V4c per
pound.
RICE Blue Rose, 7o per pound; Japan
style. 6o per pound.
COFFEE Roasted, bulk, in drums, IS
354c per pound.
SALT Granulated, bales. $3.20405;
half ground, ton 60s, $17.20; ion. $16 25.
HONEY Comb, new crop. $66.50 per
case.
DRIED FTtniTS Dates. $7 per case;
figs, fl.40sTS.73 per box: spples. 16c lb.;
peaches. 1517o; apricots, 2328tte;
prunes. 7ttrl2c.
BEANS Small white. 6c: lsrge white,
4c: pink. 6c; bayo. 6c: red. 6c
Hides, Hops. Etc '
TALLOW No. 1. 4c: No. i. 9c per pound.
CASCARA BARK So a pound delivered,
Portland.
HOPS 1921 crop, choice, 2028Ho per
pound.
HIDES Fresh cured. Be per pound;
bulls, 4c; calf, 12c per pound; kip. 7o: dry
bides, ftc: dry salt hides. 7c per pouna.
PELTS Dry pelts, full wool. 810c
pound; salt pelts, 3550o each, according
to size.
WOOL Eastern Oregon. 1021c per
pound.
MOHAIR New clip, 16c per pound, de
livered Portland.
Provisions.
Local Jobbing quotations:
HAMS All sizes. 27931c: skinned, 249
83c; picnics, 20c; cottage roll, 230.
BACON Fancy. 345c; choice, 27
S2c; standard. 2320c
LARD Pure tierces, 14o pound; com
pressed tierces, 14c.
DRY SALT Backs, lHaic; plates. 16a
Oils.
LINSFED OIL--Raw. in barrels, 89c:
5-gallnn cans. SI. 04. Boiled, in barrels,
91c: 5-gaUon cans, fl.06.
TURPENTINE In drums, fl; 6-gallon
cans, $1.15.
WHITS LEAD 100-pound kegs, 13Ue
per pound.
GASOLINB Tank wagons and Iron bar
rels, 26c; cases, 88 ije.
BAN FRANCISCO PRODUCE MARKET
Prices Current on Vegetables, Fresh Fruits,
Etc., at Bay City.
SAN FRANCISCO. Nov. 29. Poultry
Hens, 2330c; roosters, young, 2026c;
old, 16Jlbc; ducks, 22025c; turkeys, nom
inal. Vegetables Artichokes, case, $15318:
squash, lug. $11.B0; potatoes, $263.75;
onions, brown, $44.50: ervntal wax. $3;
tomatoes, crate, $1,2571.75; cucumbers,
box. 50c 11; peppers, lug, 6575cV beana,
string and wax, 5'ifllc; lima, 10fl2Vc;
carrots, sack, $1131.25; egg plant, pound,
45c; mushrooms, small box, 50c$i$l;
lettuce, crate, $t.752; celery, crate, $1.50
2.50; pumpkins, sack, 75c$l: peas,
pound, 9612c; sprouts, pound. 6Bc
Fruit Oranges, navel. $4.50S'.YSO: Va
lencies, nominal; lemons, $3.50 94.50;
rrrapefrult. $2.505; apples, 84 and 4-tfer,
tl.44itf8.50; strawberries, crate, 122.50:
casabas, crate, 75c(&l; cranberrlea, box,
$3.5068: pears, box, $1.503.25.
Receipts Flour, 7082 quarter sacks;
wheatr 410 centals; barley, 5291 centals;
corn. 800 centals; potatoes, 1809 sacks;
onions, 148 sacks: hay, 30 tone; hides,
104; oranges and lemons, 2400 boxes; live
stock. 1200 head.
Hops, Etc., at New York.
NEW YORK, Nov. 29. Hops, easy; state
1921 874'-'c: 1B20, 2o25c; Pacific coast
1921, 2732c; 1920, 23 9 23c.
Wool and bides unchanged.
Dried Fruit at New York.
NEW YORK, Nov. 29. Evaporated ao
ples, quiet; prunes, firm; peaches, scarce.
New York Sugar Market,
NEW YORK, Nov. 29. Raw sugar, cen
trifugal, 8 87c to 4.11o; refined, fine gran
ulated. 6.20c to 5.30c.
Cotton Market.
NEW YORK. Nov. 29. Boot cotton.
, quiet; middling, lLVOo,
BOND TURNOVER HEAVY
GOVERNMENT ISSUES CENTER
OF ATTRACTION.
Liberties Sell at Highest Records
for Year or Two Rails Fea
ture Stock Trading.,
NEW YORK, Not. 29. Today's etock
trading was unusually active and broad,
as evidenced by sales of 850,000 share. and
a turnover of about 826,500,000 par value
In bonds. The latter exceeded any total
In several months.
Bonds were the center of attraction, es
pecially government issues. No less than
seven liberty series mounted to highest
records for a year or two.
Railway shares again dominated and
oils, coppers, motor specialties and tobac
co kept more or less even pace. Back
wardness was shown by steels and equip
ments and heaviness of miscellaneous is
sues contributed to the market's uncertain
trend.
Sears. Roebuck again was under depres
sion and several agricultural Issues re
acted. Aside from rails, which held firm,
the general list eased under liquidation
In the final hour, call money's rise to 5
per cent causing selling for both accounts
Dealings In foreign exchange were light.
The demand for sterling, francs and Scan
dinavian remittances was nominal, not
withstanding the approach of December,
which usually brings heavy purchases of
food and cotton bills on leading European
centers.
European war Issues did not share In the
rise of liberty bonds, but South American
Issues were strong. Many rails and Indus
trials. Including United States Steel 6s,
strengthened perceptibly and several new
underwrltlnga for moderate amounts were
oversubscribed.
CLOSING STOCK QUOTATIONS.
(Furnished by Overbeck A Cooke com-
nnnv PnrtlanH I
Sales. High. Low.
Adv. Rum
do pfd .... 200 S7' 37M
Agr Chera ... 600 82 82i
do Dfd
Ajax Rubber.. 1,800 18 H 17
l."0 1 Ts
4.200 84 53 H
300 36 V 36 i
Alaska Gold.
Alaska Juneau
Allied Chera..
Allis-Chal ...
do pfu
Am Beet Sug 800
Am Bosch .. 100
Am Can Co.. 1.500
do )fd l.OOO
Am Car & Fy 400
do pfd .... 100
Am Oot Oil
do pfd 200
Am Diug Syd 200
Am H He L.. 2.100
do pfd .... 300
Am Ice 700
Am Intl Corp 8,800
Am Linseed.. 1,000
do pfd .... 600
Am Loco .... 1,800
do pfd
Am Sat Raxr 100
Am Shp Cm 8.800
Am Smelter.. 8.700
do pfd .... 600
Am Snuff . . . 400
Am Sleel Fdy 8,200
Am Sugar .. 10.500
do pfd .... 1,200
Am Sumatra. 1.700
Am Tel & Tel 4.100
Am Tobacco.. 8,600
do "11" .... 1.700
Am Wool ... 4,100
do pfd .... 100
Am W P pfd
Am zinc
Anaconda
AsHd Oil
Atchison .... 6.000
do pfd .... 8U0
Atl Coast Line 900
Atl Glf At W I 2,300
Baldwin Loco 17,600
do pfd
Balto & Ohio 6,200
do pfd .... 1.200
Burrs Bros . . 2.100
Beth Steel 8
do "B" .... 7.700
B R T 400
Hutte C & Z. 600
Butte & Hup.. 700
Caddo Oil ... '-'00
Cal Packing. 900
Cal Pet i700
do pfd .... 300
Canad Pacif.. 13,500
Cent Leathr.. 700
Cerro de Paa. 1,800
('.hand Motor. 600
Chicg & S W 8,5110
Chi Ot W 300
do pfd 900
Chill Cop 2.1O0
Chino l.uw
87',
82
'l8H
1
64
36 V,
29
82 4
S2
91 '
144
113
46"
5
134
87
76
8
33
69
96
'4
6
43
86
106
82
66
87
32
116?,
1314
127
82
103
28
29
32
81
91
143
113
45
5
12
66
78
88
81
58
95
'4 .
5
42
85
105
81
64
85
81
116
130
126
80
103
26
8,800 46 45
C M & St P,
do prd.....
Coca Cola....
C & O
Colo F I...
Colo South...
Col Gs & Elec
Col Graph...
Con Gas .....
Cons Cigars..
do pfd .....
Contl Can ...
Cit Soc Bkrs.
Corn Prod...
do pfd
Cosden Oil...
C R I & P...
do "A" pfd.
do "B" pfd.
Crucible
do pfd
Cuba Cane...
do pfd
Cub Am Sug.
Del & Hudson
Dome Mines..
Del & Lack. ..
Davison Chm
Endl Johnson
Erie
do first pfd
do 2d pfd..
Fam Flay
Fed Mn & Smt
do pfd
Fisk Tire....
Gast Wms....
Gen Cigars.
1.300
2,200
300
8,000
10O
l.OOO
1.700
200
1,900
90
88
91
32
98
88
66
119
56'
8
5
17
13
73
43
85
123
32
84
47
71
7
19
12
27
23
88
37
60
24
43
63
4
94
2.800
soo
1,000
4.100
2. 600
4.700
3,000
80
200
1.300
4.100
2.H00
1.800
1.200
300
8,800
"ioo'
2 000
1.HK
8.800
Gen Elec 1.200
Gen Motor... 13,900
Glen Allien
Gen Asph.... 11.100
Goodrich .... 1.200
Goodyear ...... ....
Granby 200
Gt Nor Ore... l.Soo
do pfd 9,500
Or Cananea.. 1.400
Gulf S Steel.. 1.700
Hask Barker. 2.200
Houston Oil.. 1.500
Hupp Motor.. 800
Ills Cent 600
Inspiration .. 1,700
Int Agr Cor Co 200
do pfd 100
Interboro ... 200
do pfd
Int Callahan. 8.800
Int Harv 3. BOO
Int Merc Mar 200
do Pfd S.5O0
Int Nickel... 2.000
Int Paper.... 4.000
do pfd
Invincible Oil 2.100
Island OH 6.8O0
Jewel Tea ... 3O0
aK C Southern 600
... 22
100 89
800 107
1.200 33
84
87
76
66
7
17
14
110
19
112
54
79
12
18
12
70
si"
10
63
136
11
90
87
90
81
97
87
65
117
64
7
6
16
13
72
48
84
1?J
31
83
46
611
7
10
12
26
23
37
87
59
24
45
63
8
93
22
88
107
33
83
87
75
65
"7
15
13
109
1
111
53
78
11
18
21
69
ai"
9
61
163
10
do pfd. . .
Kelly-Spgfld .
Kennecott . . .
Keystone Tiro
Lack Steel . . .
Lee Tire
Lehigh Valley
Lorillard .
Lowe Theaters
L N
Maryland Oil.
Met Pet
Miami
Mid States Oil
Mldvale Steel.
MK T
do pfd
Mont Power. .
Mont Ward...
Mo Pac
do Dfd
M St P & S S M
7,600
4,800
1,300
300
600
7,000
&IM)
6O0
BOO
600
12,600
1.000
1.3O0
3.700
8.000
1.800
1.3O0
8.600
1.
Nor Amn 2,100
Nat Biscuit .. 200
Nat Enamel.. 2,000
Nat Lead
Nevada Con.. 100
New Haven... 10.500
Norfolk & W. 5.600
Nor Pac 12,300
Nov Scot Bteel 100
N Y Air Brake 6l0
N Y Central. . 6.600
Okla Prod ref . 1.8O0
Ontario Silver 200
Ontario W
Otis Steel
Pacific Dev. . 700
Pac G ft Eleo "1.400
Punta Allegro 1 900,
T-Botric Oil... 7.0OO
Pan Amn Pet 9.400
do "B'
Penna
Peo Gss ....
Pere Marqtte
Pure Oil
Phillips Pet.
Pierce Arrow
Pierce Oil...
Pit ta Coal . . .
Pitts ft W Va
800
5.600
1,5110
1.200
20.700
4.200
sz.400
16,100
300
1,500
Pressed St Car 1.400
Pullman I.900
Ray Cons ... 1.800
Reading 16.S00
Remington . . . 100
Replogle Steel 1O0
Republic 1 ft S 1.000
do pfd 100
Rep Motors. . . loo
Roy Dutch Oil 2.500
Ky Steel Spg. 200
Stand Oil N J
Sears Roebuck
bnaituck. Axis
1.200
100
65 .63
82 81
2k"" 27"
83 32
77 76
26 26
48 47
81 80
79 77
10 10
100 100
38 37
9 9
38 38
2 2
pa ... .
7 6
77 73
12 12
67 56
12 11
66 54
i3 'ii'
8 2
23 24
42 41
25 24
10 10
42 42
28 27
58 66
154 132
14 14
113 112
28 28
116 114
23 23
15 15
25 24
2 2
'is" "i4
19 11)
48 47
74 71
43 42
124 122
43 41
"13 '13
14 12
100 99
82 80
26 26
eo 60
75 74
3 3
4 4
esse 4 s
(
9 8
65 64
80 29
45 44
62 51
47 47
85 34
58 67
21 21
30 36
81 80
14 13
14 13
60 6ft
28 25
68 66
110 109
14 14
74 72
24 24
22 22
61 50
86 86
7 7
46 43
93 93
178 175
61 56
Bid.
11.
37
32
58
17
H
T
63
36
83
29
82
81
91
144
113
22
43
5
12
66
73
88
81
58
85
110
4
6
42
85
104
31
64
85
81
lie
131
127
80
103
26
11
45
98
90
87
90
31
. 98
104
87
65
117
103
55
7
5
16
13
73
43
83
123
81
83
48
70
7
19
12
2
23
87
37
SO
24
45
83
3
94
20
60
46
'22
88
107
83
83
87
75
63
88
74
16
14
109
19
111
53
78
12
1S
12
69
8
81
10
62
133
10
43
84
81
13
28
82
76
25
48
80
77
10
100
87
9
88
14
5
6
75
11
56
12
64
93
12
27
12
24
63
41
23
9
42
27
57
150
14
113
28
114
25
15
24
I
67
14
19
47
74
122
42
81
13
13
09
81
26
60
74
8
4
21
8
8
64
29
45
61
47
84
67
21
89
30
13',
13
68
25
66
lot)
14
74
14
22
80
86
7
43
93
175
67
1 a
8hell T T..
Sinclair
Stand Oil Cal.
Stand Oil Ind.
Sloss Shet....
So Pacific ...
So Railway...
do pfd ....
St L ft S F..
8trcm Carb...
Studebaker .,
Swift ft Co...
Tenn C ft C.
Texas Oil ....
Texas Pac . . .
Tex P C ft O.
Tob Prod ...
Tran C Oil...
Union Oil Del
Union Pac..,,
Unit Alloy ...
Unit Drug ...
Unit Food P..
Unit Fruit ...
Unit Rds N J.
Unit Ret Strs.
U S Ind Alco.
U S Rubber...
do 1st pfd..
U 8 Smelt....
U 8 Steel....
do pfd ....
Utah Copper..
Va Chem ....
do pfd ....
Vanad Steel...
Vlvandou ....
Wabash
do A pfd...
do B pfd...
West Pao ...
West Union . .
West a E ft M
West Md
White Motors.
Willys Overld.
do pfd ....
Wilson Pkg ..
Wis Central...
Wool wort h ..
Worth Pump..
W ft L E....
White Oil ...
200 83 85
8.100 23 22
1,200 60 88
""'ioo "39 89
14.6O0 83 82
2.700 20 20
500 50 49
2.4O0 23 22
800 8 1 30
24.600 77 76
'V.soo "io io
6.5O0 46 45
2.100 24', 24
3.0O0 29 29
1.600 60 69
4.700 10 9
1,400 20 20
700 131 130
600 23 23
100 73 73
1.100 12 11
1,000 124 123
200 8 8
1.600 63 52
15.200 89 37
10.100 50 49
800 97 97
800 84 84
17.800 83 82
1,200 112 112
8.800 60 59
J!.6o6 "82 '81
, 400 7 7
600 7 7
2.100 23 22
l'.2f6 '20 'l9
200 90 90
500 48 47
2O0 0 9
400 88 88
8.9O0 5 5
1,300 27 25
300 29 29
SOO 30 SO
200 123 122
900 44 43
100 8 8
1.200 13 13
a S 2s, reg.
7 S 2s. cou.
U S 4s reg..
U S cv 4s, cou.
Pans 8s, reg..
Pana 8s, cou..
A T ft T c 6s.
Atch gen 4s..
D ft R O c 4s.
BONDS.
100'! Y C deb 6s.
looNor Pac 4s....
"100 sor Fac as....
100?ac T ft T os..
78 Penn con 4s.
76io Pac cv 6s..
108;3o Ry 5s
85 L'nlon Pac 4s..
75jj S' Steel 6s..
35
22
89
87
8!)
82
20
49
23
30
76
S
10
45
'29
59
9',
20
131
25
72
11
122
8
62.
38
49
96
84
82
112
59
81
74
82
7
7
22
14
19
90
47
9
8S
5
25
29
29
121
43
7
13
99
84
62
91
92
95
90
89
99
Bid.
Liberty Bond Quotations.
Liberty bond quotations furnished by the
Overbeck & Cooke company of Portland:
Closing
High. Low. Bid.
Liberty. 8s 96.70 98.10 96.38
do 1st 4s 97.16
do 2d 4s 90.80
do 1st 4s 97.50 9690 97.26
ao 2d 4s 97.10 96.28 97 08
do 3d 414s 97.68 97.26 97.48
do 4th 4s 97.30 96.60 97.36
Victory. 4a IOO 00 90.94 99 96
do 8s 99.98 99.96 99.88
Mining Stocks at Boston.
Alloues 24 Mohawk 84
Axis Com .... 9 So Butte 12
Tal ft Aril.... 65 Did Dom 25
?al ft Hecla...266 3sceola 31
Centennial .... 9 Juincy 42
Zop R Con Co 88 3uperlor 1
E Butte Cop M 10 Shannon l'i.
Franklin 2 Utah Cons 2
Isle Royalle C. 23 Wolverine 11
Lake Cop 2
Swift Co. Stocks.
Closing prices for Swift ft Co. stocks at
Chicago were reported by the Overbeck ft
Cooke company of Portland as follows:
Swift ft Co 99
Llbby. McNeil ft Llbby 6
Nstional Leather 2
Swift International 20
Money, Silver, Etc.
NEW YORK, Nov. 29. Call monej
firmer. High. 5: low, 4: last loan, 5;
closing bid, S; offered at S; ruling rate,
4 per cent.
Time loans easy; 60 Says. 5; 90 days, 5;
six months. 5.
Prime mercantile paper. 55.
Foreign Bar allver, 67 c.
Mexican dollars, 51 c
LONDON, Nov. 29. Bar silver, 87 d
per ounce. Money, 8 per cent. Discount
rates, short bills. 34 per cent; three
months bills, 3 13-16 per cent.
New York Bonds.
New York bond quotations furnished by
Herrln ft Rhodes, Inc., of Portland:
Maturity. Price.
Am Tel ft Tel. 8s l-'2 1M
Am Tel ft Tel. 6s 124 100
Am Tob. Ts .IS--'
Am Tob. 7 l"-3 J"
Anaconda. 7s B 1 101
Anaconda. 6s A 1 ?
Armour cv, 7s 1930 102
Armour, 4s !! 87
Argentine GI. Rs 1945 i7
Am Ag Chm. 7s 1941 102
Beth Steel. 7s 1922 10O
Beth Steel, 7s 1923 100
Beth Steel Eq, 7s 135 loo
Belgium Ext, 7s 1943 105
Belgium. 6s 1925 98
Belgium. 8s 140 105
Berne, 8s. City of 1945 108
Brazil. 8s l4l 105
Canadian. 5s l2 96
Canadian, 5a 1931 94
Can Nat Eq. 7s 1935 106
Can Nat (guar). 6s 1946 108
Chicago. X-W. 7a 10.10 108
C. M A St P gn&rf, 4s A. ...2014 62
Can Nor, 7s 1940 110
Chile. 8s 1941 103
Christians, 8a, City of 1945 307
Copper Exp, 8s 1922 100
Copper Exp. 8a .1923 102
Copper Exp, 8s 1924 104
Copper F.xp. 8s 1923 105
Cuban Amer Sugar, 8s 1031 104
Con Oas cv, 7s 1925 105
Dla Match, 7s 1933 107
Denmark. 8s 1945 107
Danish Mun. 8s 1945 1 08
Dupont, 7s 1031 105
French ext. 8s 1945 101
French. 7 Us 11)41 95
Grand Trunk, 7s 1940 110
Goodyear. 8a 1941 109'i
Gulf Oil. 7s 1933 102
Great Northern, 7s I:i6 los
Hershey. 7s 1930 108
Humble Oil, 7s 123 100
Int Rap Tt ref. s 1966 35
Int Mar CT, 6s 1941 92
Kennecott, 7s 1930 100
I.ibb McNeil ft Llbby, 7s 10S1 100
Morris ft Co. 74s 1930 104
Mexican Pete. 8s 1036 103
NYC call, 7s 1930 103
Norway. 8s 1940 110
Northwest Tel, 7s 11)41 1(7
Ohio C G, 7s 1025 99
Ohio Power, 7s 105t 103
Pan Amer, 7a 1930 98
Penna. 6s 1936 IOC.
N P O -V (Jnt), 6a ln.'tA 10S
N P. 8s 2047 107
San Paulo. 8s 19.16 102
Southwt Tel. 7s 1925 101
Swedish Govt. 6s 1039 97
Standard Oil N Y, 7s 1931 107
Stand OM of Cal, 7s 1931 106
Steel ft Tube. 7s 1951 95
Swiss, 8s 1940 112
Sears Roe, 7s .1922 100
Sears Roe. 7s 1923 100
Swift ft Co. 7s 1025 101
Vn Tank. 7s 1930 103
V S Rubber. 7s 1980 105
Wilson 1st, 6s 1928 88
West Elec, 7s- 1925 104
Westlnghouse, 7s 1931 105
Zurich. 8s 1943 108
Foreign Bonds.
Foreign bond quotations furnished by the
Overbeck ft Cooke company of Portland:
, , . Blrt- Aslc-
Belgian rest 6s. ............ . 69
do prem 6s 6,1 A8
, do 7s. 1945 104 104
do 8s, 1941 105 105
do 6s. 1925 96 96
Brazil 8s. 1941 103 104
British 5s. 1922 405 415
do 1927 303 405
do 1929 305 405
do vky' 4s 310 820
do ref 4s 2.i6 296
Bordeaux Os. 1934 86 87
Canadian 6s, 1987 98
do 1926 96 96
do 6s. 1928 97 97
do 6s. 1931 93
do 5s. 197 90 92
Chilean 8s, 1941 102 103
Currency 7 9
Denmark 8s, 1946 108 no
Danish Muni 8s. 1945 107 108
French 4s, 1917 45 46
do 6s. 1920 62' 63
do 1!)31 64 65
do 7s. 1941 96 96
do 8s. 1945 101 101
German W L 6s 2 3
Berlin 4s 8 S
Hamburg 4s 8 4
do 4s 8 8
Lelpsig 4s 8 4
do 3s 4 6
Munlcli 4s 8 4
do 5s 5 8
Frankfort 4s 4 5
Italian 6s. 1918 81 81
Jap 4s. 1981 70 70
do 1st 4a. 1925 86 87
do 2d 86 87
Norway Fs, 1940 ...1C9 110
Ru.-nian 3s. 1921 13 16
do 1926 2 8
do 6s. 1919 13 16
Swiss 5s. 1929 95 96
do 8s. 1940 112 114
United Kingdom 6a. 1922... 9 9
do 1929 96 96
do 1937 93 96
Foreign Kxcbange.
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. Foreign unit. Rate.
Austria, kronen $.0008
Belgium, franca 067
Bulgaria, leva 008
Czecho-Slovakla. kronen Oil
Denmark, kroner 1859
England, pound sterling 4.81
Finland, finmark 018
France, francs S6U6
Germany, marks .Ouil
Greece, drachmas 0412
Holland, guilders 3355
Hungary, kronen 0017
Italy, lire 041
Jugo-Slavla. kronen 004
Norway, kroner 143
Portugal, escudos 0905
Roumanla, let 008
Serbia, dinara 0163
Spain, pesetas ..................... . .13i6
Sweden, kroner .236
Switzerland, franca 1906
China Hongkong, local currency 345
Shanghai, taels 80
Japan, yen , 4873
NEW YORK, Nov. 29. Foreign exchange
Irregular. Great Britain, demand $3.98.
cables $3.99; France, demand 6.94. ca
bles 6.94; Italy, demand 4.07. cables
4.08; Belgium, demand e.61. cables 6.62;
Germany, demand .36. cables .36; Hol
land, demand 35.45, cablea 33.51; Norway,
demand 14.18; Sweden, demand 23.50; Den
mark, demand 18.45; Switzerland, demand
19; Spain, demand 13.90; Greece, demand
4; Argentina, demand 82.12; Brazil, de
mand 13; Montreal, 91.
I
T REACTS
SETBACK EXPECTED AFTER
RECENT BIG ADVANCE.
Argentine Grain Offered to Europe
Under United States Price,
Selling Is General.
CHICAGO. Nov. 29. Wheat underwent
a material decline In price today, largely
by way of reaction from the recent ad
vance of more than 12c. There was an
unsettled close, 2c to 8c net lower, with
December $1.11 to $1.11 and May
$1.15 to $1.15. Corn loat ljlc to
l?2c. oats flniahed unchanged to half
a cent off and provisions were down 2
6 loc.
Many traders in wheat took the position
that a setback In values was to be ex
pected, as the technical position of the
market had been weakened by the big ad
vance. Selling by commission houses be
came more general, and there was consid
erable liquidation of December holdings.
Resales of winter wheat at Liverpool 8c
under cost were announced, and it was
said Argentine wheat was being offered
at $1.27 c. 1. f. Europe, against $131
1.81 for United States wheat by way of
the gulf of Mexico. The finish was at
about the lowest level of the day.
Corn waa depressed by lack of support
and by predictions that colder weather
would bring enlargement of recetpta
Oats were better sustained as a result of
buying by elevator intereats.
Provisions averaged lower with hogs.
The Chicago grain letter received yes
terday by the Ovrbeck ft Cooke com
pary of Portland follows:
Wheat Heavy liquidation made Its
appearance early In the day when the
market failed to advance In the face cf
bullish news and as prices weakened
pressure Increased. Aside from weakness
in the Minneapolis cash market, which
was due to millers holding off to see
what they will get on December contracts,
there was little to account for the decline.
The Liverpool market was again strona
and closed higher, while Argentine cables
at the opening were 3 cents higher, but
lost 2 cents of the advance at noon.
Australian and Argentina crop advices
were less favorable with the former
claiming wheat menaced by bush fires
and the latter deteriorating from drouth.
A British statistician says exporting coun
tries of the world will have enough wheat
to supply Importers for five months after
the end of this crop year without recourse
to the new crops. He may be right, but
we- fall to see where It is coming from.
The United States haa already shipped
about 179.000.000 bushela and he calcu
lates our exportable surplus at 181.000,000
bushels. If these figures are correct me
United States Itself will be sn Importer
before July 1, 1922. The situation, ac
cording to our analysis, warrants higher
prices and we think they will be recorded
regardless of the fact that selling such
aa appeared today may cause reactions
from time to time.
Corn Heavy liquidation of December,
presumably in anticipation of large de
liveries on contracts the day after to
morrow, gave this market a weak tone.
Cash market was rather easy, but at the
same time there was evidence of an li
portant improvement In the domestic
shipping demand. Sales of 220,000 bushels
were reported. There waa also a broader
export Inquiry, but bids were slightly out
of line. The long side of futures requires
patience, but we believe It will prove
profitable. i
Oats Liquidation In December was
offset In large part by buying of May by
elevator Interests and this market held
relatively firmer than other grains. Cash
market was slightly lower, but the ship
ping demand was quite active.
Leading futures ranged as follows:
WHEAT.
Open. Hijrh. Low. Close.
Dec $1.14 I.14 $1.11 $1.11
May 1.17 1.18 1.15 1.15
. CORN. .
Dec 48 .48 .47 .47
May 54 .54 .63 . .63
" OATS.
Pec. .... .82- .88 .82 .82
May .38 .38 .38 .88
MESS PORK.
Jan. ..... 13,10
LARD.
Jan. 8 50 8.52 8 50 8 50
May .... 8.87 8.90 8.87 8.90
SHORT RIBS.
.Tan 7.30 7 87 7 30 7 32
May T.77 7.77 7.70 T.OO
Cash prices were:
Wheat, no sales reported.
Corn, No. 3 mixed, 4849c; No. 2
yellow, 48$49c
Oats. No. 2 white. S535c; No. I
white, 82 e 84c
Rye. No. 2. 86c.
Barley. 51 60c.
Timothy seed. $S6.15.
Clover seed, $12.60 18.50.
Pork, nominal.
Lard. 8 .70.
Ribs, $7 67.75.
Primary Receipts.
CHICAGO, Nov. 29. Primary receipts
Wheat. 752.000 bushels versus 1.3A9.O00
bushels. Corn, 887.000 bushels versus 564.-
000 bushels.- Oats, 844,000 bushels versus
A98 000 biiahels.
Shipments Wheat, 830,000 bushe!a ver
sus 925.000 bushela Com, 492.000 bushels
versus 753. OOO bushels. Oats, 276,000 bush
els versus 358.000 bushels.
Clearances Wheat, 741.000 bushels. Corn.
25S.000 bushels. Rye, 137,000 bushels
Flour. 25.000 barrels
Minneapolis Wheat, 117; corn. 28; oats,
30; rye. 7; barley, 12. Omaha Wheat, 13;
corn, 70; oata, 11. Winnipeg Wheat. 841;
oats. 78; rye, 13. St. Louis Wheat. 25;
corn. 83: oats. IS. Kansas City Wheat.
128; corn, 12; oats, 23. Duluth Wheat,
113; corn. 12; oats, 3.
Minneapolis Grain Market.
MINNEAPOLIS, Nov. 29. Wheat, De
cember $1.24; May, $1.22.
Barley 37 632c.
Flax No. 1 $1.73gl.79.
Winnipeg Grain Market.
WINNIPEG. Nov. 29. Wheat. November,
$1.12; December. $1.09; May. $1.13.
Puluth Linseed Market.
DULUTH, Nov. 29. Linseed, on' track,
$1.79JLS2; arrive, $1.79.
San Francisco Grain Market.
SAN FRANCISCO, Nov 29 Wheat
milling. $1.8001.90; feed. $1.8561.90; bar-1
lev feed. 11.25 to 1.32 14 : shipping. tl.SS
1.45: oats, red feed. $1.4ol.0; corn,
white Egyptian, $1.6061.63; red milo.
1.504 1. -.5.
Hay Wheat, No. 1. $1719; fair. $UO(
IT- tame .at 115M18: wild OSt. $lli13:
alfalfa, $13i 16; stock, $U12; straw, $10
612.
Seattle Grain Market.
cmiTTi.E Nnv. 29. wheat, bard white.
soft white, 'white club, $1.07; hard red
winter. $1.08; soft red wnter. i.uo; east
ern red Walla. $1.05: northern spring,
$1.08; Big Bend blueatem, $1.11.
p-eedCorn. whole yellow. $33; cracked.
$36; feed meal, $36. Barley, .whole feed,
$33; rolled. $35: ground. $33; clipped. $3.
Oats, whole feed, $32fcS8; rolled. $34638.
ground, $34638; sprouting, $35. Wheat,
recleaned feed, $39641; all grain chop,
$38: chick starter, $55; chick mash. $4f,
growing feed, $33; growing mash. $43:
egg mash No. B. M., $40644; cocoanut
meal. $29; cottonseed meal. $46; Unseed
oil meal, $59; soy bean meal. $60.
Hay Alfalfa No. 1, $18; timothy No. 1,
$25; straw. $16.
QUOTATIONS ON DAIRY PRODUCE
Current Friers Ruling on Butter, Cheese
and Eggs.
SAN FRANCISCO. Nov. 29. Butter
Extra. 46c; prime firsts, 45c; firsts. 40c.
Em Extras. 61c: extra firsts. 60 c;
extra pullets, 48c; extra pullets, firsts,
48c; undersized pullets. No. 1, 88c.
Cheese California flat lancy, 24 c; nai
fancy firsts, 23c; California Young Amer
ica, fancy, 81 c
NEW YORK, Nov. 29. Butter Firm;
creamery higher than extras, 45 6 46c;
creamery extras, 45c; creamery firsts, 384$
44c.
Eggs Irregular, unchanged.
Cheese Irregular, unchanged.
Poultry Live, steady; chickens, 22ff23e;
fowls, 20 926c; roosters, 16c; turkeys, 45 9
48c. Dressed, steady; western chickens, 23
648c; turkeys, fresh, 51 6 630.
CHICAGO, Nov. 29. Butter Higher;
creamery extras, 45c; firsts, S44c;
seconds, 88S3Ac; standards, 88c.
Egge Higher; receipts 2882 cases; firsts,
30 6 53c; ordinsry firsts, 43647c; mlscel
laneoua, 50652c; refrigerator extras, 39
640c; refrigerator firsts. 88 639c
CO . ra-T D, TIT . XTA 00 TT . ' Be.
lect local ranch, white shells. 676 60c; do
mixed colors, 6658c: pullets, 43648c
Butter City creamery cubes, 46c; bricks
oi prints, 47c
Coffee Futures Steady.
NEW YORK, Nov. 29. After opening
four points lower to two points higher, the
market for coffee futures steadied on re
newed buying of December which eold up
from 8 65 to 8.70 or within five points of
the recent high record. This encouraged
buying of later deliveries which sold five
tc eight points net higher with March
touching 8.43, but special cables reported
reactions In Rio exchange rates and the
market easel eft during the afternoon with
December selling down to 8.60 and March
to 8 83. Later months were relatively
steady with the market closing net nine
points lower to two points higher. Sales
were estimated at about 43,000 baga De
cember 8.60, January 8.5(). March 8.34,
May 8.15, July 8.04, September 7.94.
Spot coffee firm; Rio 7a 969; Santos
4s 11 612-
Metal Market.
NEW YORK, Nov. 29. Copper, firm.
Electrolytic, spot and nearby, 135c; later,
136!13c.
Tin. steady. Spot and nearby, 30.00c;
futures, 31.12c.
Iron, steady, unchanged.
Lead, steady. Spot, 4.70c.
Zinc, quiet. East St. Louis delivery, Sc:
spot, 4.70c
Antimony, spot, 4.35c.
Naval Stores.
SAVANNAH, Ga., Nov. 29. Turpentine,
firm. 74c; sales. 475; receipts. 615; ship
ments. 361; stock, 10,713.
Rosin, firm; sales, 706: receipts, 2722:
shipments. 4336: stock, 70.681. Quote: B,
D, E, F, G, $4 23; H. It $4.30; K, $4.75: M,
5.10; N, $3.40; WO, $5.505.75; WW,
$.
Constant
Adherence
to safe banking
principles and
prudent methods
enable Ashley &
Rumlin, Bankers,
to furnish reliable
service to those
seeking a new or
additional bank
ing connection.
HOURS-8 AM TO 530PM.
SATURDAYS-8AMTO8PM.
HOW TO BUY
SAFE BONDS
The following booklet may be obtained
gratis by writing on your business or
pernor a. 1 stationery.
"10-Year Price Range of All
Listed Bonds"
together with 1U21 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, Inc.
Established 1390.
BROKERS
Kew Tork Stocks, Bonds, Grain. Cotb
Private Wires, aserabera Chicage
Board at Trade.
201-3 Railway Exchange Bids.
Telephone Muto 33-234.
Municipal Bonds
Income Tax Exempt
Lake County (Oregon) School Dist. No. 14...
Lane County (Oregon) 5s
Vancouver (Wash.) Gen. Obligation Dock 6s
Vancouver (Wash.) Improvement 7s
Pocatello (Idaho) Improvement 7s
Lewistown (Montana) Improvement 6s
Rate Due
6s 1941
1926
1928
1924-28
1025-29
1924-29
Yield
5.90
6.60
5.80
7.00
7.00
7.00
Western Bond & Mortgage
Company
80 Fourth Street,
Ground Floor Board of Trade Bldg.
Portland, Oregon
Telephone Main 113
old,
Our Fartial Payment Plan will hold
these bonds for you at present prices.
Yield
5.50
5.75
6.125
7.00
7.00
7.65
8.15
Lincoln County, Or., Road 6s, 1930
Due Sept. 1, 1930. M&S. J1000 10J.41.
Clatsop Co., Or., Sch. Dist. No. 10 6s, 1941
Due Nov. 1. 1941. J1AN, D. I&00 & 101.S8.
Pacific Gas & Electric 6s, 1941
Due Dec. 1, 1941. J&D. tp 98.60.
Argentine 7s, 1923
Due Oct. 1, 1923. A&O. D. $1000 100.
Toppenish, Wash., Imp. 7s, 1931
Due Sept. 1. 1931. Est. "27. SepC D. 1200 100.
French ( Bordeaux, Lyons, Marseilles)
6s, 1934
Due Nov. 1, 1934. MAN. D $100 & SS.SO.
Goodyear Tire & Rubber Co. 8s, 1931
Due May 1, 1931. F&A. D. 11000 & 99.60.
I
We will make delivery immediately or later to
suit the convenience of your funds, or on the
Fartial Payment Plan. Wire orders "collect."
Freeman
Smith
MOUND PLOO
iMtnuu o-m
nraa aaa VraaB
m mm Bi
CAMI
CO
'J VST A REAL GOOD
Do You Know?
That all of the officers of this com
pany have resigned similar positions
ta accent their Dresent Dositions. their
only benefit being the right to purchase stock in this
company?
COMMON STOCK
NOW OPEN TO THE PUBLIC
$12.50 Per Share
PARTIAL PAYMENTS
Sold in lots of ten shares and upwards
NO PROMOTION STOCK ISSUED
DURANT MOTOR GO.
OF CALIFORNIA
Dlatrlrt Off lor,
1037 X. W. National llnnk Hllr., Portland, Oregon.
I'bone Mala .V-4)4.
FOR
faJLVTWOHMATlOH aip & MAI I
Narn-
l Address
We offer subject to prior sale:
Republic of Bolivia
External 6 Gold Bonds
Due Dec 1, 1931
Bolivia rank second among- South American countries
In the export of rubber nnd produces one-fuurth of tha
tin output of th world. R.ilt, petroleum, coffee and
cocoa are also produced In large quantities and the country-
l rich in minerals.
The per capita debt is $8.20, which is lower than that
of any other country in the world.
Broadway 3171
Price $S3.38
To Yield 8.50
Bond & Goodwin sTucker
tAH F HAM CI SCO
IMIUKPORATIO
UNITED STATES NATIONAL BANK BUILDING
PORTLAND
LOt ANl.riff
SEATTLE
Manufacturing Investors Attention
I am authorized by owner of high-class manufac
turing business located in Portland (last year's sales
$150,000) to sell same at reasonable figure. Owner retir
ing from active business life. Business is free from debt.
Deals in staple article. Sales can be increased up to
about $500,000 annually without exhausting possibility
of sales territory. Principals only. Apply for full details
to box N 997, Oregonian.
THE ANSWER
When the contract was let for
pavement on the Morrison street
bridge, the usual questions for dis
cussion arose concerning specifica
tions, etc. All these questions were
answered In a sentence by the au
thorities, who said, 'Simply make
it like the pavement on Hawthorne
bridge." Incidentally, this answer
served as a testimonial for War-renite-Bitullthic.
because the pave
ment on Hawthorne hridne was
laid over five years ko, and sus
tains more heavy traffic than any
pavement in the city.
2
MONTHS
to pay for mny ttock or bond.
Wnu foe booklet KRi-H.
RODNZY &. CO.
Italm Cm. mtt Em. N. Y.
55 Broadway, New York
FOREIGN EXCHANGE
T Lowest Ruin. Watch
Our Window.
Direct Wire Service from New Tork.
TKANS-ATI.A VT1C KKTATl'lS
& tiiKDlT c:o.
102 Second St., Near Stark.
Marshall 241.1.
X