Morning Oregonian. (Portland, Or.) 1861-1937, December 29, 1921, Image 21

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Morning Oregonian., December 29, 1921, Page 21, Image 21

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Newspaper Page Textj. TITE 3IORXIXG ORECOXIAX. THURSDAY, DECEMBER 29, 1021 21 BOND TRADING IS BROAD ALL BUT OXE OF LIBERTY IS SUES ADVANCE. Stock Market Active and Strong Until Checked by Late Money Flurry. NEW YORK, Dee. 28. Stock trading today was active and broad, a firm to strong- ton pervading every division dur ing the early and intermediate perioda A1uch of the advance, which ranaed from one to three polntta. waa canceled later, however, on the unexpected rlae of cal loans to 8"4 oer cent. Equipments, oils, motors and metals again were leaders, but rails, snipping steels and food specialties participated In more than moderate measure. The strength of sugars was surprising In view of the lower prlcea quoted for raw and refined product a Individual features of strength included American Car, Pressed Steel Car, Ameri ta Steel Foundries, Hallway Steel Spring, Pullman. Haskell & Barker, Mexican Petroeum. General Asphalt, common and preferred. Mercantile Maine preferred and the coppers and kindred issues. . Among rails, trsnsoont Inentsls led with Reading and other coalers, also St. Louis Ac Southwestern preferred and several of the Junior eastern issues. Further post ponement of dividend paymente by the Pittsburg, Cincinnati, Chicago e St. Louis (Panhandle) indicated that earninga still leave much, to be desired. Miscellaneous specialties wera repre sented by textiles, namely American Woolen, duett I'eabody. Manhattan Shirt, and Phillips Jones, together with chemi cals, leathers and mution picture issuea Hales were &."), OO0 shares. Foreign exchange reacted to the more uncertain political advices from abroad, the Paris rate b. In the only allied remit tance to show firmness. Italian bllla con tinued to weaknn and notes to northern and eastern European points showed a mixture of advances and declines. All but one Issue of the liberty group Closed at gains snd the general bond list was active, strong and broad. Railroad bonds, especially Pennsylvania, Heading. Baltimore & Ohio. Atchison. Hock Island and Kansas & Texas made appreciable gains. Sales aggregated $ ltl.7.rt.t)00. C'LOSINU STtHTK QUOTATIONS. (Furnished by Ovorbeck et Cooke com pany of Portland.) Sales. Adams Kxp Advance Hum. Still AKr I'hMii... 2.3"il Aihx Kulilicr. . 2.WMI Alaxka Hold.. 1.4IH) Alaska .lun .. 1.IIHI Allied Chem.. L'.IHII) AillH-rhallu . l.MM) do pfd 4i" Am Heft Su. l.SlMI Am Hoacb, .. l.H'lO Am C'nn Co.. 3,."Mi do pfd UMl Am C At Fdy. l.iiiMl do pfd HHI Am Cut Oil . . mill do pfd li'si Am 1'rug Syn. -ll Am Hide 4i L. -I"0 do pfd PHI Am lie S.Jim Am lntl Corp. lu.imi Am Linseed.. 7HI do pfil Am I. oi-i. do pfd Am Saf Hrtznr Am Ship & C Am .Sint-lter. . (In .M Am Ste.. Kdy. Am Sugar do pf.l Am Sumatra.. An. T. t Tel. Am Tnbaccu.. do " H" .... Am Wind ... do pfd Am W P pfd. Am y-ltic A nacontta As.-.d Ull Atchison Atl Coast 1... All. O & W 1. Halilwin Loco. 30.100 do pfd Halto A Ohio. do pfd Beth St "H" . H H T Hutte C ts .. . Hut to At Sup. TUlrns Hros. .. Cuililo Oil ... alif Pack .. Calif Pel .... do pfd Canadian Pac. Cen Leather.. Cerro lie Pasco Chandler Jlot. Chgo & X V. ChicaBo O W do pfd Chili Cop Chi no C M -t P. . do pfd Coco Cola C O Colo K I. .. 'oln Southern. 'Col Oas & Kie-c Colum ticupli. Con Gas Cons cigars. . do pfil Contl Can.... Cities SVC I!k Corn Prod.... tl pfd Cosden Oil C K I P ilo "A" pfd. do "D" pfd. Crucible do pfd Cuba Cane. . ., do pfd Cohan ,mn S. Del & Hudson Dome M ines. . Del & Lack.. Davison Chem Kndicott John Lrie do 1st pfd.. do 2d piil . .. Famous Play. Fed Min & Sm do pfd Flsk Tire Gaston H'ms.. (icn Cigars. . .. (len Klcc Ceri Motors. . . t; len A lilcn . . C.en As-phalt. Goodrich .... f:o,dcar ... t.ranby 2IKI tireat Nor )m l.ltst Creat Nor pfd 4, 1 ih Orecue Canan. iw Cuif S Steel. . ;oo Hask Barker. fi.Usi llou.Hton I HI . .. 2, JIW Hupp Motor. .. .Mm) II! Cent 7i Inspiration . .. l.'Joo let Ak Cor cm 2uo do pfd I.Iini Interboro . . .. " I.ihio do pfd 4"0 Interstate Call KiM) Int Harvester 1.ren Int Mer.- Mar. 1.HOO do pfd 13.411) Int Nickel.... H.:.oi) Hit Paper i.ms) do pfd lot) Invincible Oil. H.4isi High. Low. 1 1 17 is as ' I'S'-s :ttiM 34 lid '-, 147' lis 454 4 1 I .Ml 'i Mils 4:i 33 II 20 '4 17 Va Si n7v, :ik 85 1:7' SSI. 4 1I3V4 140 113 21 4.'. 4V4 511 .i 'i 41 32 ! . . 10.000 111) 107 .17"il 2. son 3, !oo 41)11 2. tlilll 8.4O0 1 .noil 2.20U 3. -on 1 .mill l.llllll tt.Uoil 1IHI 1.4IMI 1 . -. V.llilll 1,21 Ml I.OOII 4.700 l.suo 2HII 3. loo HIM) 1,01111 7IIU HOI) 2IIII IIIMI 2.0110 '2.411O 1. HIMI Null 5. HOI) 5,XIMI 7l)i) Ami 4..VH) 2,4MI 3.IMX) .", HID 2. lit Ml 401) 2011 200 I.til") U.i.HM) :no 100 HHI aiM) ' V.300 nix) l,lIO .",OD 2i M) 3. '.nil) ' V.:":i 0 4.."ilM) 4.1.1011 l,:tia 4 no 1.2'MI .:im J.MH) 1. 1111O l,4i) ;;"0 !.20O 1.700 1. ! HIM) l.H)l l.V.oo Yfl'.sno 2,200 L'land oil. Jewel Tea. . .. K C Southern. do pld Kelly-SpKfld .. Kentiecotl . . .. Keystone Tire, lalck Steel ... Lee Tire l.ehluh Valley l.oriliard .... Lowe Theaters I, & N M j rill rid OH.. t : v I lept ... l.l HOI) 7fl) 2imi 21 m) 4..11MI K.IHH) 1,700 4IM) 1.7O0 31 Ml l.WM) US) 100 B's " 4' K7S, 34 S4 N3 33 ' 1 1 4 133 127 X2 1"2V4 2A 'i J 4',. 1)0 h ' 113 i h:i 3.1 i 100 'sivi 53 &H '! , Vs 21 121 , 1 2 7IH4 4l)-) 121 "i 31 3.1 1 so (3 , 111'S 10', 2H 1S'4 32 'i 42 .".il 2rt :i?i 00 31, 2 5 211 4)"4 37-4 32 14 S4i4 73 B74 "74 14 V. 14' 100 is 14 111)' S4-T4 711 'j Hl' 1.".'., 1o'.t 7119, ' '4 B7b 140 10 '.4 '7'4 37 i'li' " 32 i 70 2st4 4'i 70 T 7ti II H !0', 41 V, 7 'is 33 -v, 1 V. Iai '. S3 l.-.4 tits Vs 12's V-'Va 110 IS Ml 2. II ' 23 ,-.3' S3 !4 27, 17S 40 1, 211 .vs 1.12 1 V4 los 14' S 0 4S'4 h7't 33 52', 82 32 '4 lll!i 1211 127 NO 4 102 Vi 23 13 41)!, h.t 31 08 '34T4 53 57 '4 5 'A 21 121 12V4 70 i io" " 30 V4 3S'4 4N 62 O'.i 11 lSi 27 ' IN 14 31 ', 41. ,Vt' 38 14 ' '. 3 D2 14 20 S3 4& 31 '4 C4V4 73 6S.',; "ti'4 13 's 13 IDS Vi INS 117', S2 V4 7NT4 10 '4 IS'. 10 78 i 67 "4 13!) '4 30V. :.' 30 2!)' ' 32 74T4 27 '.4 40 ' 70), 1 1 no ',4 4.",, 7 la 82 1"4 1 i 14 1, BS 11 SI !)') II - '4 31 23', 33', r:. 16 u 4.'. ', 20 so 1S2 13 '4 10S 1414 Clone. 411 V4 11 30 17 R7 3S 84 y, 28 35 34 U3V4 14.'. 114V4 21 44 4 13 so 80 42 '4 31 V4 S7 107 113 4 8i 4S '4 87 8414 53 ' N3 32 114 132 120 NO V, 102 23 14 411 102 112 83 31 1)8 1112 35 82 S7 6 5 21 121 12 70 48 84 1211 3o 3S 4!l 2 0 111 1S 28 ',. 18 31 4 1 .V. 24 3s .'. 3 92 20 ss 4S 21 IMi 111 37 32 ft S 80 7 14 14 lot! 18 117 f.2 78 10 15 HI 78 10 31) 12 07 13!) 10 42 .-. 30 11 211 31 27 40 78 70 11 no 40 7 33 1 3 S's S2 14 85 12 Sl 110 14 2 1 1 23 S3 III 45 28 50 l.M 13 108 14 107 HONEY Any kind, any quantity. What have you? Answer quick. THE SAVINAR CO., INC. 100 Front St., Portland, Or. R K YOf I.OOKIMi FOR A DK I'KNDAIII.K I'KODI ( K UEALKHf rsl llntlrr fork ( srrse I'oultrr Kegs llns'T Any Product Ask for lnte"f methods to prepare poultry and meat shlpmrnta. hi iii a co lor) Front Portland. Or. TURKEYS For f'hrlatmna. Also other poultry. Ship to arrive Dec. 17 to 18. For "aev lesr'i Dec. 27 to 'JH. BIBX CO., 19 Front St. Portland. Or. Mm Pet 27,700 11tl 114 11414 Miami 1,100 27 27 27 Mid States Oil 2.0O0 14 13 13 Midvale Steel.. li.iV'U 27 20 27 M K & T wi... S.SiM) 8 8 8 do pfd 1,500 2' 2tt 2 Mont Power 58 Mont Ward... 3..V00 14 13 1' Mo Pac 3.O01) 17 17 17 do pfd 2..H8) 40 45 45 M St P & SSM 60 07 07 Nor Am 3,4l0 44 44 , 44 Nat Hlscult... lis) 124 124 124 Nat Enamel.. I.41M 37 35 35 Nat Lead 81H) 80 85 85 Nev Con Rl0 15 15 15 New Haven... 9.5M) 13 12 12 Nor West. .. ttoo 1)7 117 Nor Pac 6..VK) 71)' 78 78 Nov Suo Steel. 3ii 25 23 23 N X Air Brake 50 59 S8 SI) N Y Central..' 2.700 74 74 74 Okla Prod ref. 3,000 2 2 Ont Silver 4 Ont West SI Otis Steel loo 11 11 11 Pao Dev 2,MK 5 5 5 PacGacE... 4H) 60 5 Punta Allegre. 4,8im 28 20 28 Pac Oil N.IXHI 48 47 47 Pan Am Pet.. 15.7O0 54 52. 53 do H l.MM) 4 47 47 Penna .0K) 33 32 33 Peo Gas 22,A"0 64 03 3 Pere Marq ... Dot) 21 20 20 Pure Oil 8.31)0 38 37 38 Phillips Pete.. l.MM) 34 33 33 Pierce Arrow.. 2.100 14 14 14 Pierce Oil .... 5.5m 13 12 12 Pitts Coal ... 3.0181 04 B3 83 Pitts II W Va. 1.7O0 25 24 25 do pfd 4M) 77 77 77 Pr Steel Car.. 7W r S Pullman 3.100 los 107 107'j Kay Con 1.8IX) 15 15 15 Reading 8.200 73 73 72 Remington ... 4IK) 20 20 20 Replo Steel ... 700 27 27 27 Rep I A S 5,800 S3 51 ffi do pfd 218) 85 R-5 83 Rep Motors... l.HOO 8 7 8 Ryl Dutch Oil 2.100 51 SO 50 Ry Steel Spg.. 2.10O 94 o 93 Stand Oil N J. 2.400 185 182 182 Sears Roebuck 4,oO0 SO 58 58 Shattuek Aria. 300 8 8 8 Shell TAT 39 Sinclair 0.3O0 22 21 21 Stand Oil Ind. 8.000 DO 88 88 Stand Oil Cal.. 1.700 95 94 94 Sloss Shef ... 1,700 37 So Pacific ... 8.200 79 T 79 Sou Ry l.oon 18 18 18 do pfd 1.OO0 45 44 44 St It Sl 8 F.. 500 21.. 21 21 Strom Carb... 1.100 38 37 .17 Studebaker .. 3.800 83 81 82 Swift & Co 97 Tonn Cp & Ch 1.4O0 10 10 111 Texas Oil B.2O0 40 40 40 Texas Pac ... 7.3IM) 27 20 20 Tx Pac C ft O 7O0 28 27 27 Tob Products. 1.000 04 03 02 Tran Con Oil.. S.3im 11 11 11 Cnlon Oil Del. 2, loo is 18 is Inlon Pac ... 3.3IM) 129 125 125 Cnlted Alloy.. 8O0 28 25 25 Cnlted Drug 71 Cnit Fd Prod. 2.4O0 11 10 10 Cnited Fruit. 400 123 121 122 Curt lids N J 8 ITn B A- P.. 2O0 71 71 71 i nlt Ret Strs. 5.SO0 52 52 51 II S Ind Ale. 4. SOO 41 39 39 U S Rub ... 8. liOII 55 54 54 do 1st pfd.. J00 100 1(8) loo U S Smelting 35 V S Steel 7.200 84 84 84 do pfd 90O 114 114 114 Vtah Copper.. 2,000 04 84 R3 Va Chem .... 800 29 28 29 do pfd 2O0 08 00 117 Vanadium StI S.50O 32' 31 32 Vlvandou ... HHi 0 0 Wabash 1.IMI0 i Olj do A pfd... 700 20 20 20', do B pfd .. 118) 13 13 13 Wells Fargo.. 200 08 68 S West Pac 10 do pfd 51 West Union 90 Wesths A F 94 West V. Ac M. 2.5O0 82 50 51 West Md 1.0110 8 8 8 White Motors. 200 39 38 3si Willys-Over. 3.800 0 5 5 do pfd 700 28 "N "J.N Wilson Pack.. 700 211 118 28 Wlscon Cent. ...... .... .... 1:5 Woolworth .. 8OO 135 134 135 Worth Pump.. 1,100 40 4514 45 W L K .... I.loo 8 0 0 White Oil ... 1.500 II 10 10 BONDS. V P 2s reg. . . ,101 ;N- Y r- deb s. 98 14 do coup ...101Nor Pacific 4s 85 do 4s reg. ."194 I do 3s 59 do cv 4s cp104 Pac TAT 5s 111 Pan 3s. reg.. 80 'Penn con 4s 9:04 do 3s coup. 80 IS P cv Ss 95 A T AY T cv ttaloH South Ry 5s.. .vs Atchen gen 4s NO H'nlon Pac 4e. .80 D At R con 4s 72U S Steel Ss... '.)!)', Bid. Liberty Bond Quotations. Liberty bond and victory note tlons at New York, as furnished by beck ft Cooke company of Portland Liberty ,1a do 1st 4s. . do 2d 4s. . do 1st 4 s do 2d 4 V, s do 3d 4Ua do 4th 4 ',s victory Victory Open. 1)4.00 '(Ml 30 90 72 110.30 97 0 00.88 4 s IOO 04 3s 100.02 High. 95.00 fMl. 81) 97.32 97.20 98.01) 97 So 100 OS 100.06 I,., w. 91.60 nil :iii IMi.72 in; .t; 97.50 90 82 99.98 100.02 quota-Overdose. I 62 I17.IO 90. SO 97.20 90. IM) 97 81 97 211 100.04 100.04 fining Stocks at Boston. BOSTON, Dec. 29. Closing quotations: Allouez Ariz Com Cal & Arix. . . Cal & Hecla. Centennial . 21 IMohawk 9 INorth Butte 75 (Old Dominion.. 58 lOsceoia 9IOulncv Cop Rg Con Co. 38iSuperior K Butte Cop M 11 ISup A Bos Mln Franklin 1:Shannon Isle Roy fcop). 24 ICtah Con Lake Copper .. 2! Winona 12 23 32 43 2 1 1 1 40 Swift H Co. Stock. Closing prices for Swift Co. stocks at Chicago were reported by the Overheck & Cooke company of Portland as follows: Swift ft Co 97 I.lbby. McNeil A Llbby 5 National Leather 2 Swift International 22T4 Money, Silver, Ktc. NEW TORK, Dec. 28. Call money firm: high 5, low 4 per cent, ruling rate 5, closing bid 4 per cent, offered at 8. Time lonns firm, 00 days Stio per cent: 90 days Sig'S per cent; six monthB, &fc S per cent. Prime mercantile paper, 5(&5 per cent. Foreign bar silver, 05c. Mexican dollars, 49c.' LONDON, Dec. 2S. Bar silver 35 d per ounce. Money 3 per cent. Discount rates, short bills 4 per cent, three months billc 3 per cent. New York Bonn. New York bond quotations furnished by llerrin &. Rhodes, Inc., of Portland: Maturity. Am Tel ft Tel 6s 19: do 0s 1924 Am Ton 7s 1922 do. Tob 7s 1923 Anaconda 7s B 1929 do 6s A 1929 Armour cv 7s 1930 do 48 19311 Argentine til Ss 1945 Am Ag Chm 7s 1941 Beth Steel 7s 1922 do 7s 19U3 do eq 7s 1935 Belgium ext 78 1945 do 6s 1925 do 83 1940 Bergen 8s, city of 1945 Berne 8s, city of .............. 1 945 Brazil Ss 1941' Canadian 8s 1920 do Ss 1931 Can Nat eq 7s 1935 C A N W 68 1930 do 7s 1930 C M A St P gn A rf 48 A 2014 Chile 8s 1941 Cliristiania Ns. city of. 1....1945 Copper Kxp 8a 1922 do Rs 1923 do 8s ; 1924 do 8.1 . . 1925 Cuban Am Sugar 8a ....1931 Cnn Oas cv 7s 1925 Dla Match 78 1935 Denmark 8s 1945 Danish Mun 8s 1945 Dupont 78 1931 French ext 8s 1945 French 7s 1941 Orand Trunk 7a 1940 Goodrich 7s 1925 Oondyear 8s 1941 tiulf Oil 7s 1933 Oreat Northern 7s 1930 Humble Oil 7s 193 Int Rap Tr. ref 5s 1900 Int Mar CT 6s 1941 do 7s 1921 Kelly Springfield 89 1031 Morris A Co., 78 1930 Mexican Pet 8a 1930 NYC call 7s 1930 Norway Ss 1940 N P A C N (Jot) 68 1930 N P 6s 2947 Northwest Tel 7s 1941 Pan Alner 7s 1930 Penna 6s 1930 Rus Rubles 5s 1920 San Paulo 8s 1930 1925 193D 1931 1940 1922 1923 1925 1925 1930 Southwest Tel Swedish govt 6s Standard Oil N X Swiss 8a Sears Roe 7s . do 7s Sinclair 7s .... Swift A Co 7s . . . 1' S Rubber 78 Wilson 1st 6s 1928 West Elec 7s 1925 Westlnghouse 7a 1931 Zurich 8a 1943 Price. 100 99 101 102 100 97 101 87 70 100 100 loo 1 00 104 ', 95 100 1110 1117 104 3 94 108 ll8 100 57 101 too 100 101 102 lot ln.1 103 108 108 105 103 99 94 109 90 1 HI 102 107 99 52 89 1113 103 100 105 109 l'l 105 1O0 94 104 3 IOO V. 100 94 101 113 99 99 98 1110 104 85 103 105 107 Bid. Foreign Bonds. Foreign bond quotations furnished hv Overbeck ft Cooke company of Portland: Bid. Ask. Belgian rest 3s 64 OS do prem. Ss 73 70 do 78. 1945 193 105 do 8s, 1941 105 100 do 6s. 1925 94 95 British Ss. 1922 100 1 00 do 5s. 1922 428 4.'!S do 5s. 1927 422 432 do 5s. 1929 42 432 do vky 4s 329 3.19 do ref 4s 308 310 Bordeaux 8s. 1934 S3 84 Canadian 5s. 1937 93 95 do 5s. 1920 '. 95 .... do 5s. 192U 0 97 do 5s, 1931 94 93 do 3s. 1927 92 95 Chilean 8s, 1941C 101 101 Currency 8 9 Denmark 8s. 1943 107 lo7 Danish Muni 8, 1945 lofl 107 French 4s. 1917 48 SO do 5s, 1920 72 73 French Ss. 1931 o 61 do 7s. 1941 94 95 do 8s. 1945 99 100 German W L 5s 4 5 Berlin 4s 4 5 Hamburg 4s 5 6 Hamburg 48 B. 6 Lelpslg 48 5 7 do Ss 7 Munich 4s 5 do 5s 6 8 Frankfort 4s 0 7 Italian Ss. 1918 34 35 Jap 4s. 19.11 "2 73 do 1st 4s. 1923 80 87 do 2d 4s. 1925 80 Norway 8s. 1W40 lo8- loo Russian 5s. 1921 12 14 do 58. 1920 1 2 do 6s, 11119 12 14 Swiss Ss. 1920 94 94 do 8s. 1940 112 113 V K 5s. 1922 1O0 100 do 5s. 1929 09 99 do 5s, 1037 95 95 Standard Oil Stocks. . Standard Oil stocks at New York, fur nished by Overbeck ft Cooke company of Portland: Closing Anglo Borne Scryemer Buckeye Cheesebo rough Continental Crescent Bid. Ask. ,. 18 18 .325 35 . 83 85 ,.180 191) .104 107 .120 124 . 27 29 .115 125 . 80 82 . 40 42 .103 lex; .100 105 .158 103 . 82 84 . 28 29 .148 148 . 90 95 .270 274 . 10 17 . 17 19 .5V 570 .224 228' .335 3S5 . 76 ' 7!) .I'.MI 2INI . 50 54 . 90 90 .500 575 .435 445 .330 339 .390 4KI . 1 1 .1 114 . 30 40 , .3011 310 . 33 . 38 .105 175 .100 J 07 Kureka Oaiena com Ualena old pfd Oalena new pfd ........... Illinom Pipe Indiana Pipe National Transit N Y Transit Northern Pipe Ohio Oil International Pete Penn Mex Prairie oil (extra dividend I Prairie Pipe textra dividend) .224 Solar Rerg Southern Pipe South Penn Oil S W Penn Oil S O. Ind S O Kansas S O Kentucky , S O N Y S O Ohio S O Ohio pfd Stvsn A Finch Vacuum Washington s o Nebraska Imperial Oil Foreign Exchange. Foreign exchange rates at the close of business yesterday, furnished by North western Notional hank of Portland. The amount quoted Is the equivalent of the foreign units In l.nliea htatee tunas: Country. Foreign Unit v Rate. Austria, kronen S .immiS Belgium, francs 0785 Bulgaria, leva 010" Czeeho-Slovakia. kronen 0140 Denmark, kroner 200s Kngiand, pound sterling 4.2IM10 Finland, finmark 020J France, francs OK'l7 Oermany. marks .0050 Greece, drachmas 0422 Holland, guilders 3070 Hungarv. kronen oic'5 Italv. lire 0438 Jugo-Siavia. kronen 0040 Norway, kroner .1015 Portugal, escudos .0870 Roiimatlin. lei IMISO Serbia, dlnara Ols-J Spain, pesetas 1 5o2 Sweden, kroner 250.". Switzerland, francs llti'.o China Hongkong, local currency.,. .5525 Sbanghal, taels 775(1 Japan, yen 4850 NF.W YORK. Dec. 28. Foreign ex change Irregular. Great Britain, demand 4.i'.i'i,, caniea 4 i" : rrance. qemana 8. 114. cables 8(15; Italy, demand 4.33. cables 4 34; Belgium, demand 7.71. ca bles 7.72: Germany, demand .5.1. cnhlee S3; Hollnnil, demand 30.OO, cables 30.00; Norway, deniand 15.95; Sweden, demand 24 imi: Denmark, demand. $20: Switzerland, demand 19.52; Spain, demanqV 14.94; Greece, demand 4.15: Argentine, demand 33.02; Brazil, demand 13; Montreal, 04. Klamath Co. School 6s Due 1928-1941 ' To Yield 5.75 Clatsop Co. School 6s Due 1941 To Yield 5.75 7c Port of Astoria 6s Due 1926 To Yield 6 City of Bandon 6s Due 1929-1940 To Yield 6 Klamath Falls 6s Due 1925-1931 To Yield 6 City of Grants Pass 5s Due 1932 To Yield 5.60 Income Tax Exempt Wire Orders Collect. Ralph ScHNEELOGHCa MUWCBVU. AND CORPORATION rTNANCX LUMBCPMCNS BUIL0INS POKTLANS. OrXOO. 7.00 oral 6.(81 5 50 5 18) 6 00 5.50 5.0O 4.50 3. SO 4.25 10 (Ml 9 Oil 8 00 6.00 8.O0 6.00 '.(ill ULL LIES ME STEM IjITTLK stock availablk FOIt ()Pi: MAItKET. or Toil Loads l.ec-cived, Nine Are tor Puckers Fine Steers Sent to Sound. Ten loads o. stock, mo&Lly cattle, reached tlie yards yetsterday. Five loads of the cattle came direct to a packer and four loads of extra choice steers, whipped by the Portland Feeder company from Burley, Idaho, were ent on to the sound. There waa but little stock available for the open market and the few rales reported indicated no change in local mar ket conditions. Receipts were 236 cattle and 32 hogs. The day 'a tales were as follows: 1 steer. . . . Wt. Pr.l ro o.7.l .1 hotrs.. . 3 cow .... 1 1 70 4,'J't1 1'J hoiff IOO 1 cows. . . . !' J '."; 7 hens ii4 1 cow . ...i:o 3.riH 5 hogs ins 1 cow . ...UNO 4.imM 4 hogs 3.'t2 1 cow Hi) 1.7.".! 2 lambs... 8H 1 cow 100 :,.ir: 1 yearling. lO 1 tow 1110 3. .".01 2 bucks i:i2 lcnw ....HrM 4 .".of u bucks.... i:to 1 ralf HV0 D..0 1 steer f1 0 2 hulls ...lOOO v,.7."i 1 cow Olio hoKS 200 W.00I 1 cow 7-0 1 how l.0 IUm 1 cow 770 a hows 10rt 8.7M 2 cows fitV5 2 hops.... lOrt Ji.2."t 1 cow lOOO 12 hogs.... 1S4 ft 2." 1 cow lo:io 2 liogH 220 R.7." Scows 010 2 hogs.... 140 9 2512 hogs 22.". tihoKs.... 220 8 50i :t hoc 3 hours.... 470 0.2."1 lambs... 70 Wt. Pr. 128 $0.2.- 7.00 7.00 0.00 fi.2. Prices quoted at the Portland Union stockyards were as follows: Tattle ""hoice feer $7 Oflf? 7.7" Medium to good steers l SftW Kair-to medium sters H.OO'fi Common to fair steers o.oo-ir Choice feeders j.t0&' Fair to good feeders 4.."4Ha Choice cows and heifers 5..0' Medium to gno'l cow, heifers. lUMKvr Fair to mcd lum cows, heifers.' 4..".n ffr Common cows Il.rn'Km 'anners 2 ."4"iT Bulls o.OOi i hoice dairy calves n.oo Prime light calves R.OOir M dium liKht calves 6 0) a Heavy caives ' Z.iMJOg) Prime light 9. Oft ft 0.2.1 .'month heavy, 2:'.0 to 30O lb. 7.r.n'ni S..V1 Smooth heavy, 300 lbs. and up ft...H' 1.7a) Finish heavy ftoow 7 mi Fat pigs H ."O'-fi? O.fHi Feeder Piga '. x . "Wt vv ST.". StHi;s. subject to dovkage 6.00 Sheep Fast -of -mountain lambs S.Vi 0.0ft P.est valley Iambs K,0O'a R ."Hi Fair to Rood t.tn(ri cull lambs 4 0o' F:istern Oregon feeders H OtiHr Light yearlings fl (htfti Heavy yearlings 5 OOrn, 6 00 Light wethers 4 . ft rt . . -V t Heavy wethers AM'rv .". mi Ewes l.OO 0.00 Chicago Tiretttnrk Market. CHICAGO. nc. 2S. (X S. Bureau of Markets. ) Cattle Receipts. 4000, Beef steers mostly 2-",c higher, some up more : top. $0; bulk beef steers. ftf.VKfiH: she Mock strong to 2."c higher, bulls strong; veal calves st rang to unevenly higher; storkcrH and feeders firm. Hops Receipts 2.1.04H. Fnrvenly 10c to 25c higher than yesterday's average; most ly to shippers, yard traders and small packers; trade on heavier weights slow; big packers doing little; top, $S.r. for l.VO to 1 10 pound weights: ISO to 2(!0 pound weights mostly 7 80 fa R. 1 0 ; L'20 to 2."0 .jioiind wH glits, $ 7..i'(f 7.7"; packing sows strong: pigs 15c to 2."c higher; top, $S.uO; bulk desirable, $8.25. Sheep Receipts. 17.0O0. Fat classes generally steady; pwes strong; - feeder iamtis 25c higher; fat Iamb top early.; fll.HO some held higher; light fat ewes early, $5.50; feeder lamb top early, $10.75. Kannas City Livestock Market. KANSAS CITT. Mo., Dec. 2S. (U. 5. Bureau of Markets. ) Cattle Receipts. 84HM). Beef steers steady to 15c higher, quality improved; top 140O-pOund weights, $S; mixed yearlings, $.2-5; other sales. 55.75-a 7.75; calves and fat she-stock steady to strong; odd vealers. $1); practi cal top, $S 50; better grades, 4.50((. 5; heifers, $(..50''arl.75; bulls strong to 2." higher; mostly $:t.25 ti 4 : other classes Meady, canners mostly $2.25 2.50: me dium to good cutters. $3,r.1.50; practically no stockers and feeders on sale. Hogs Receipts tV'Oft. Very uneven, opened 10c to 25c h igher ; closed steady to strong with yesterday's average, packer top. $7.W; part load of 160-pound weights to shippers, $7.K5; bulk of sales. $7.45 1t 7.75; bulk packing sows, $5.75 (a fl: steady ; stock pfgs 35& 25c higher; beat kind, $7 75. Sheep Receipts 3000. Steady to 25c higher; most fat ewes. $4 25 fa 4. 50; lambs loU -3c higher; fed westerns, $11.30. Omaha Uventock Slarket. OMAHA, Dec. 25. (TJ. S. Bureau of Markets. Hogs Receipts. 17..000. Active, steady to 10c hisrher; bulk 170 to 220 pound butchers, $7 n 7.10; top 1 70-pound weights, $7.25; bulk 220 to 2KO pound butchers, $3.907; packing grades, $5.50 41 6 25. Catrfe Receipts, 3200. All classes, beef and butcher stock, steady to 25c higher; weighty beeves to shippers fairly active at advances, best here, $7.60; stockera and feeders steady. Pheep Receipts, ,"5500. All classes gen erally steady ; bulk fat lambs, $0.M)tp 10.S5; top, $11; ewes, $4.25; feeding lambs, $: 50. Seattle Livestock Market. SEATTLE, De-c. 2S. Cattle and hogs steady. No receipts. No price change New York Sugar Market. NF.W YORK, re;. 2H. Raw sugar, cen trifugal $:t.:t', lowest In ten yea rs: old The 1922 Bond Market will be marked by the continued rise in bond prices, and decrease in yield and coupon rates. Good business demands that you Invest at this time HUM mm mm for January investment Investment at this time offer's opportunity for added profit through ad vancing bond prices, and also insures high yields through future years when coupon rates will be much lower than rates are at present. income tax exempt municipal bonds Clackamas County, Or. (Schools) 5s........ Douglas County, VVash., 5''S , Portland, Or., 52s , Portland, Or., Imp. 6s , Portland, Or., Harbor 4', -s Whatcomb County, Wash., 53 , Eastland County, Tex., 5'4s Wallowa Valley Imp. 6s Wallowa County, Or., 5's , flepublic of Argentine 5s , Republic of Brazil (Sterling) 5s , Province of British Columbia 6s , Province of Manitoba 6s French Cities 6s i . . , Province of Ontario 5VoS , Vancouver, B. C, 4V-s , corporation bonds, yielding to 8 Due Price Yield 1932 05.45 5.60'o 1930 100.25 5.10 1930 103.27 4.84 1931 105.85 5.007 1928 97.25 5.00 1924 100.92 5.10 Serially 5.75 1941 97.20 6.25 1932-C-4 5.00 municipal bonds 1945 7.50 1934 7.50 1925 6.35 1925 6.25 1934 7.65 1929 6.00 1923 7.00 Coburn Bros. First Mortgage 8s Pennsylvania Railroad Equipment 6s.. Wheeler Timber First Mortgage 7'Vts. . 1936 Serially 1926 100.00 8.00 5.80 101.00 7.60 A request will bring jrou full information concerning any bond listed. LUM BE RMENS ,rust(3mpany -T5 A. TJ Broadway at Oak U Republic of ti Argentine 2-Year Gold 7 Denomination $1000 Principal and interest K payaDie in u. . poia coin in New York without any deduction for Argentine CI taxes, present or future. These offer extraordinary tlUMlltlen for the Inventor T ho desires, t ltlt M iir tlou of hln funds In short term iseeiirltleM rottintnnd litir ready market H n d, therefore, qnlekly convert lhle Into rash. It is impossible to foresee the continpencies which may make the immediate use of capital necessary. A security of this charac ter offers the most satis factory insurance possible apainst emergency. 2-year 7s at 100 Cash or Tartlal Pay ment Plan. Wire orders "collect" Freeman, Smith & Camp Co. L.UMBERMENS BUDO.. PORTLAND FIFTH tlTTnX PHCNS so ilJi ilf' b B' STARK rA 874 rvT3 UN Mi. ft U5 crop $3.41 ; rommittfe quotation $3.86. Kcflned fine Rrnnulated 14. 0. QUOTATIONS ON DAIRY PRODUCE Current Price Ruling on Butter, Cheese and Eft-ffN. SAN FRANCISCO. Dec. 28. Butter, ex tra 4(Ss: prime firsts, 3c: firsts. 87c. jrgB Kxiras. r.r.P: extra firsts, nom inal; extra pullets, r.'J'c; extra pullets firsts, nominal; undersized pullets. No. 1, 'lic. , Cheese California fat fancy. 2oc; fiat fancy firsts, 20c; California. Young Ameri cas, fancy, 28 Vic. NEW YORK. Dec. 28. Butter Firmer. Creamery higher than extras. 42&42Sc; creamery extras. 41t41lc; firsts. tV i4c. Eggs Unsettled, fresh gathered extra firsts. SO 42'-: firsts. 40'T4'.C Cheese Irregular, unchanged. CHICAGO, Dec. 28. Butter Lower. Creamery extras, 40W4lc: firsts, 32 4 3!lV4c; seconds, S032c; standards, Sic. Eggs bower. Receipts, !18 cases; first" 44c; ordinary firsts. .tSJMOc; mis cellaneous, 41C43C: refrigerator firsts, HO & 3SC SEATTLE. Dec. 23. Eggs, select local ranch, white .hells. .'06.3c; do. mixed colors. 484ltc; pullets. 4.!c Butter City creamery, cubes, 43c. bricks or prints, 44c. 8VN FRANCISCO PRODUCE MARKET Prices Current on Vegetables, Fresh Fruits, Ktc, at Bay City. SA FRANCISCO, Dec. 28. (State divi sion of markets.) Fruit Apples. 3 and 4 tiers, il.40ru 3.0-ri; casabas, crate, 75cW $1 25' oranges, navels, $45.50; lemons, :t.ii04: grapefruit, $:ii&o.7r; cranberries, box. .-ntrt; pears, box. $2ii3. i- ,KiAa irtiphi,!,.. ruse. S1n(al8: parrots, sack, IXk,j1.10;' celery, crate, 2 ltr4.,M; cucumbers, small box, $23.KO; erg plant, pounn. "' r-.rmi: crate, $1.253.50; mushrooms, pound, 20 r40c: olives, pound. 2 to ftc; onions, cwt. brown, $3.r0S3-4.2."i; peas, pound, 22'3'2r.c; bell peppers, pound, 10'ol.lr; pntatnes, $1.752., Ml; pumpkins, 7.ct(j$1: rhuharb, box. S2S; squash, lug, Sl..'0 4i'2.2ri: sprouts, pound. tiHc; spinach, pound, 1a c; tomatoes, lug, j 3. CO. Poultry Hroliers, 33 'n :ttc lb.; roosters, young; 22fr;tlr; old. 17fo20c; hens, 2;iiij) 31c; ducks. 22tt2uc; turkeys, live, 3S43c; dressed, 47ft2c. Iteceiptfi Flour, 104 quarters; wheat, 2400 centals; corn, 3200 cental; potilt.ws, 430 sacks; hay. 120 tons; hid.'s. 13s; oranges and lemons; 800 boxes; livestock, B0 head. Dried Frnlt it New York. NEW TORK. Dec. 28. Evaporated ap ples, nominal; prunes, firm; peaches, steady. Cotton Market. NKW TORK, Dee. 28. Spot cotton quiet; middlings in o.'.c. Metal Market. NF.W YORK, Dec. 2S. 'upper steady. Electrolytic, spot and narby. !37'ullc; later, 14c. Tin r'lrm. Spot snd futures, ,13.0nr. Iron 'Steady, unchanged Lead steady. Spol. 4.704ROr. Zinc luiet. East r-t. Louis delivery, spot. 4.tMfift4.i.c. Antimony hpot. 4 r0c. Pulnth Unseed Market. PI'LT'TH, Ilee. 28 Linseed on track, el.'JStf 2.01 ; arrive. XI 08. Cliartcr firanletl Murslirield Bank. THIS ORKGO.VIA.V NEWS RIT.EAU, Washington, D. C Pec. 28. A charter has been Issued to the Coos Bay Na tional bank at Marshfield, Or. Tills bank succeed the Soandinavian-Ame-rican National hank of Marsh field. Ralph V. Williams Is president and TJevler Hnrt-e rnsh'er. ONDSi American Factors Limited Bonds with Ample Security THE First Mortgage and Col lateral Trust 7'o Gold Bonds, due 1936, of American Fac tors, Limited, are strongly forti fied industrial bonds. As security for this issue the Company has placed (a) First Mortgage on real property and improvements of a value of $1,447,900; (b) Pledge of Hawaiian Sugar Corporation stocks and bonds valued at $6,350,660; (c) Pledge of corporation stocks and bonds valued at $2,115,570; and (d) Net assets of the Com pany not specifically pledged valued at $5,538,638. Such imposing security of over $15,600,000 total must convince you that this $3,000,000 issue of bonds is safe. Over along period of years this Company has shown earn ings which demonstrate its ability to pay bond interest and principal. We offer these bonds at 99 and interest to yield 7.10. If you have funds available for invest ment and have not received full information about American Fac tors, Limited, send for circular today. Blyth, Witter. & Co. Fourth and Stark Streets, PORTLAND Broadway 6481 Seattle, San Francisco, Los Angeles, New York If Issued Under the State Seal BONDS, vouched for by our State, prepared under State laws for Your Security and issued under authority of our State, for the benefit of . our State, Appeal to You If you are not a specu lator if you are con tent with, security and P Income? Federal Income Tax Kxempt Then These Are Bonds You Want F. very hond hearsj the Heal of the Mate of Oresron. vouchlnnr for security and leirnllty, even authorising: a trustee to pnr chnxe TMK.HK HOMf 4--K THK Kl ,M!4 OK WIDOWS A 1) ORPHA.NS without holiliiiK Mich trustees responsible for makinpr any examination f security. The State Commission has already examined and approved these bonds. WE WILL SHOW YOU THE BONDS Call or ask tis to ship bonds to your bank for examination. We will aupplv full information and give you every oppor tunity to Batisiy yoursell without obligation on your part to buy. G. E. Miller & Company Portland Jieattle. Second Floor, Northwestern Dank Building;. Main 411)5. v - fi & i iii tit irate I . W'e-J;!. 5' . -.!' I il UNITED STATES SHIPPING. BOARD EMERGENCY FLEET CORPORATION Acting for the United States Shipping Board INVITES TENDERS ON BOTTOM PAINTS - Sealed bids will be received until 2 P. M., January 10, 1922, for furnishing such quantities of bottom paints as may be required at the ports of Los Angeles, San Francisco, Portland and Seattle for a period of six months from February 1, 1922, with option to the United States Shipping Board Emergency Fleet Corporation of extending contracts, an additional six (6) months, for use of ships operated by or for account of the Corporation. Proposal forms and other information may be obtained from, and sealed bids should be addressed to L. Van Middlesworth, Man ager, Department of Purchases and Supplies, Room 3068, Navy Building, Washington, D. C. Bids should be endorsed "Sealed Bids for Bottom Paints. Do not open, until January 10, 1922." Bids will be publicly opened at said, office at 2 P. M., of that date. The Corporation reserves the right to rejeat any or all bid3. $119,000 City of Portland Oregon 5y2r; General Obligation Bonds Pntod Miv 1. line .May 1, l'.OO. Optional On and After .May 1. 1UJ7. Prif-e ins 07 to yield 4 .S5' to optional date and full it0 uiercat tcr. im'eshnmi OtmtiT BOSTON NF W YORK CHICACO SAV FRANCISCO LOS ANCIXIS QYortlmrst 'Representative a 404 COUCH HUlLIMNli 1 Marshall 2nS It PORTLAND J A Tested m Plan For Investors, that has proven successful 3 months trial subscription free Th H om InvMtincnc Rrvlrw, pud1iKd monthly, describe a merhod of mvcating thtt hu pcovoa tuccctwfiil by actual um. heurn how to mar your monrr ram and multiply. Take your firt trp toward finanrfal rnaependmce todv by wrlttiia; tut your free copy of L R. No. 2H4 ROSE & CO. INVESTMENT SECURITIES 1 k MUST SELL AT ONCE All or Tart of 50 SHARES STATE BANK STOCK Reasonable Offers Considered. P. O. BOX 298 HERRIN & RHODES, Inc. Estst!lBhr4 linfl. STOCKS, BONDS, COTTON, GRAIN Correstionrt-nts K. F. HUTTON CO, N. Y lrmbiirs all IradlnK exchsnsjea llabMMi'a Srrlr , n Fllr. I Main ZKS 2lil Kailway Kirhanc TMil. r JOHN PURSE & CO. coxsri.TiN'j rum.ic ACCOUNTANTS AND AUDITORS fill ARTISANS Itl II DING. Broadway BalanrA 8hfrta. Income Tax Ft nan rial Eiamlnatlona Braiil Ss. 1911 103 it loa