Morning Oregonian., January 19, 1922, Page 21, Image 21

THE MORNING OREGONIAN, THURSDAY, JANUARY 19, 1923
21
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STOCKS CLOSE STRONG
CniKF SIPPOKT OF MARKET IS
FROM BULL POOLS.
Advances Range From One to Al
most Six Points Trend of
Bonds Is Irregular.
NEW YORK. Jan. 18. Tha stock mJ
sei today lolloped In Its essentials the
c-ourse set by recent sessions, wilh the
noftwrorlhy dlTf?rnee that dealings .were
on much larger and broader scale.
The morement aKaln seemed to derive
ltn chief support fnjm bull pools and other
speculative Interest. . There were few. if
any. signs of pronounce public participa
tion i-ave amoDf high-grade dividend-paying
shares.
.Steels and affiliated equipments were
outstanding issues. Tnelr further advance
of one to almist six points, under lead of
Gulf States Steel, was attended by re
ports that various mergers were approach
ing a definite staice.
Motors and Lhe.r subsidiaries, metals,
textiles, leathers and food specialties were
prominent at gains of one to three pnints.
The several miscellaneous unclalfd
groups, comprising chemicals, fertilizers
and utilities, also rose one to three points.
hails were a negligible faotor. despite
favorable traffic conditions, as indicated
by increased car loadings at certain ter
minals, and oUk.' aotabiy the foreign group,
reflected steady pressure. Sales were 0uO,
04)41 shares. ,
The money market presented no new
features, call loans remaining fixed at 4hi
per cent. More short-time loan were re
ported at 4 y, per cent, but the open rate
for these accommodations ranged from eft
to 4 per cent.
Early foreign exchange rates were Ir
regular, due In part to cables which sug
gested banking difficulties In northern
Europe. Late rates were firm .however.
Including bills on Sweden, Denmark and
Norway.
Irregularity in the bond market included
the liberty group and some Investment
rails, as well as domestic industrials. For
eign government bonds and war flotations
registered sMght changes. Total shares,
par value, aggregated fl7.273.OuO.
CLOSING STOCK QUOTATIONS.
fFurnlshed by Overbeck ft Cooke com
pany of Portland.)
H;iles. High. Low,
Adams Exp.. 1.400 Gtl 64 '4
Adv Hum
Aizr Ch. -m .... lUil) 204 .H,
do pfd .... L'ftll t,a O.'iSk
A.lax Kuboer
Nor Amu ....
Nat Biscuit ..
Nat Enaruel
Nat Lead ....
Nevada Con ..
New Haven ..
Norfolk & W.
Nor Pac
Nova Scotia St
N Y Air Brake
N y Central..
Ok la Prod ref.
Ontario Silver.
Ontario & W.
Otis Steel ....
Pacific per . .
Pac Oas ft Eie
4U0 13S
4.UU0 374
1.04)4) b3 Vi
l.KOO 14 -4
11.0I0 IS i
300 1D41W
3.3'M) 78 1,
400
loO
1,1110
100
i.soo
l.ftOO
BOO
BOO
J. BOO
.400
ZOO
2(10
1.800
Alaska Gold. .
Alaska Jun. . .
Allied Clifra.
Allis-Chaimers
do pfd
1.S00 14 li 13
7. 0"0
,1HI0
i-HO
Am licet Sug 1.0O0
l.ll'K)
1.6U0
700 22
14
0-
sr.
41
r.s
4.700 luSM
i.ono
6.200
1'flO
A m Uosch .
Am Can Co.
do i.fd . .
Am Car & Kdy 1,300 143
do pfd
Am Cot Oil.,
do pfd ....
Am Drug Snd 100 5
Am Hide & L 1,2im
do pfd ... 1 loo
Am Ice 1.4IM)
Am IntI Corp 3.1410
Am Linseed.. 2. 'Mill
do nM .... I'm)
Am Loro . . . .
do pfd ....
Am Saf Razor
Atn tihlp ?n C
A rn Smelter. .
do pfd ....
Am Snuff. . . .
Am Steel Fdy DoO
Am Sugar .. 15.."hk
do pfti .... 1m)
Am Sumatra. 3.JOO
Am Tel Tel 4...O0
am I ohat-co iioil. .
uo "li'
Am Wool
do Pfd .... 1 4)0
do W P pfd 4ii4)
Am Zinc 4110
Anaconda .... 6,4iK)
Assil Oil
Atrhlsnn . .. .
do pfd ....
Atl Coast ..
All O A v T
Baldwin Loco UliilOO
o pni ....
Balto A Ohio
uo pfd
S9s
4a
1)2
sr. '4
4DS
34 '
67
i
Bl M
at
30
34
140H
4V4
47 'A
1)1
Z4I0 1 1 l"i
U
D414
.14
1 1 M '4.
1:14 K.
I.""" l.lUis
17,0414) 81 U
101
-'4
IS 14
00
'osij
SSI,
1)11 ,
31 Mi
os '.
33 -H
2,200
linO
Dot)
."DO
000
B"th St "B",
Booth Fish ..
H T
Butte C ft Z
Butte ft Sup. .
Burns Bros . .
Caddo Ul ...
Cal Pack ....
Cal pet
do pfd
4.200
l.dllll
3.uU0
60 '
8
'4
400 n-i
3.. "00 24
l.uo lis
200 1 2
.I.Nimi 71 u
10.00 4N.
1 00
Canadian Pac 4.S00 l"4ia
CVn Leather 2.J4H). XI
Cerro de l'as 200 34 v.
han Mot . . . 30,.-,oo 1 Z
1.100
Cligo V v
Chi Gt W
do pfd
Oiili Cop....
1(ino ......
C. M 81 p
do pfd
5o.-a Co.a
: ft O
Colo F 4 I. . ,
Colo Sou....
t'O.o C,n, & ifl
4'ol UrapU...,
Con (Ihm
Con Cih-ars...
do pfd
Ootill Can....
Clt Svc llkl .
Corn Prod...,
Pfd
Co... Ion 4il . .
f 11 u r
do "A" pf.l.
d) "If pfd.
Cruclbli-
do pfd
Cuba fane...
do pfd
Cuba Am suk
Dei A Hudson
Dome MU0.9..
Del ft .
Davison ('hem 11 Mm
2tlo
5..l4
341)1
fi. 3414)
3.71(0
5 .loo
70
2.400
MO
1,7(N
l..',(M)
74)0
4.(100
lit!)
4.SUO
1..1(H)
.')(()
3o4)
13 200
2o0
2. 1 00
3'IMW
3,000
200
1,100
1 ',
04
' in'ii
17
2
10H
33
44 4
t,-
2.V
40
0!1
I
03
E
13
00
S3 "4
41
31 14
.-..1
108 14
7S
401),
1W
112
32 44
BO
94
32',
m
133
1M
(2
104
23
13'i
41)1,4
'nst,
ss
h!i"j
2!)
00
-3j"
T
t
n.
22 ,
ll.Vi
ill.
71
47 S
x.-.'i
124.,
31
34 .4
d) Oil
03 Vt 64
41
Bid.
01 U
11
3u;
5.
14
S!)v
42 V.
01
33
3014
34
DO Vi
140V4
114
21 t4
41
434
14
82 "4
84 Vi
41V4
32
38
100V4
113
4V4
9
47 V4
01 V4
llo
32
02 Vi
01
32 j
117'.
1:1:1 Vi
l.to
s:i V4
1414
23
13 4
4!H
14141
DS4
87V,
140
30 'i
07
10.1
3474
M
&N14
24 V
no I
11 Vi
71
4S4
So
120'.
Punta Allegre 12.200
Pacific Oil ... S,70O
Pan Amn Pet. 5.200
do "H" .... 1000
Penna 1.600
Peo Gas 2,700
Pere Marquett 8u0
Pure Oil 700
Phillips Pete . oo
Pterce Arrows 11. 8')0
Pierce Oil ... 1,000
Pitta Coal ... 5O0
Pitts W Va 1U0
do pfd
Pressed St Car 300
Pullman 4.700
Kay Cons .... 1.4O0
Reading 7,14)0
rummgton ... 200
Kepiogie Steel
Republic I ft S
Rep I ft S pfd
Rep Motors ..
Roy Dutch Oil
Ry Steel Spg..
Stand Oil N J
Sears Roebuck 4,21)0
natturK, Arts
Shell T ft T, .
Sinclair
Stand Oil Ind.
Slim shef ...
Sou Pacific...
Sou Ry
stand Oil, Cal
M L S S f...
Stromberg Cb.
Studebaker .,
Swift &o Co. .
Tenn Cp ft Ch
Texas Oli ...
Texas Pac ...
Tex Pc C ft O
Tob Products.
Tr Con Oil. . .
Union Oil Del
Union Pac ...
United Alloy.. 000
United Drug.. 200
United Fd Pd l.Hi")
United Fruit.. 3O0
I'd Kd of N J 300
Union B ft P
Utd Rt Stores 0 100
U S Ind Aicoh
U S Rub
do 1st pfd . .
U S Smelting.
U S Steel
do pfd
Utah Copper..
Va Chem ....
do pfd
Vnnndlum St! 5.700
vivandou .....
Wabash
do A pfd . . .
do h pro
Wells-Fargo.. I.8O0
Western Pac. . 300
do pfd
Western Union 300
West K ft M.. 1.000
West Md
White Motors.
Wlllys-Overld.
do pfd
Wilson Pack..
Wisconsin Cen
Wnolworth ...
Worth Pump.
W ft L E
White Oil ...
2.-.V
61V4
73 V,
2V4
11 v
8
63 V,
85 V4
47 'e
53 Hi
47V,
34 Ve
67
21
30 H
31
17Vi
10
1
24
'oi'"
113H
15 V,
74 Vi
27
28V4
54 V4
80
8
B2
2.5O0 14HJV4
1)10 181
o4V4
100
4.300
' VuOO
4. loo
1.1(4)
300
1..1O0
5,04)0
4O,5(0
100
3,600
1,800
1,200
2.1(H)
3.300
bOO
7
20V4
"42 "
82
1
!.-.
22
43
1(4) '
101
I0V4
45
27
23-4
G4H
10 V.
20 H
5.7(10 130
27
71 Vi
SVi
123
41(0
4.2O0
300
2oo
13.800
24)0
1.300
600
2on
200
700
r,4".
44
55
100
37
S.-.Oi,
117
04 'i
28 Vi
'3:1"
0
20
49
134
31
14
77
25
91 4
74 Vi
2V.
'ji'vi
10
8
64 V4
83
48
52
46
34
60
20
35
8U
1'
10 V
61
24
111V4
15
73 '4
20
27
52
80
7Ht
51
R8V4
180
62
'S7
20
41 ' '
82
18
!).
41
88
14K4V4
10V.
45
2 Vi
64 V4
10
1!)
120
2fl
71
8
124-4
8
53
43
54 V4
100
3 11
84
117
03
28
"32
n
s
20
83
15
82
15 V4
2.500
1.74)0
1.34(0
200
02
51 ',4
'40' '
r.
30
32 Vi
400 141
5A0 40(4
50
"' 30Vt
.1
20
32
140
4(1
fl'4
8
50
134
37
2
15
15
90
77
23 '4
61
74
2ii
5
214
11
8 '4
S3
S3
46
52Vs
47
. 34
60
20
35
30
16
10
61
24
76
64
112
14
74
27
28 '4
53
60
8
31
!)84
180
62 '4
8
37
20
Sli'i
44
82
1
05
22
44
88
100
10
45
26
25
64
W
20
13(1
2
70
8
125
8
07
53
44
54
!)0
30
s.-,
117
03
28
(!7
32
20$
1:1
8:1
15
52
02
50
8
3t)
5U
20
32 .
140
46
7
S
700 9
BONDS.
r S 2s reg MO0'N T Cen db 6s 90
U 8 2s cou 10ll'4!Nor Pac 4s 80
V S 4s reg 104'Xor Pac 3s 624
1T 8 cv 4s cu. . .104'Pac T T 3s. 94
Panama 3s reg "81 penn con 4s. :to
Panama 3s cu. K1 'Sou Pac cv 5s.. 00
A T ft T cv 6s 111 -ISou Rv 5s 90
Atchen Oen... 82IU P 4s 90
D & R G CO 4s 73'U S S(l 5s 101
i
Liberty Bond Quotations
Liberty bond and victory bond quota
tiona at New York as furnished by Over
beck ft Cooke company of Portland :
Closing
Open. High. Low. Hid.
I.lbertv 3s 97.06 07.70 96.96 97.50
do 1st 4s 97.80
do 2d 4s 97 48
do 1st 4s 97.90 98 00 97.90 97. 91
do 2d 4Vs 97 1141 97.70 97 60 97.04
do 3d 4s 97.90 97.98 97.08 97.02
do 4th 4is... 97.82 97.S8 97.72 97.S2
Victory 4s ...100.12 100 10 14)0 12 100.12
do 3s 100 12 14)0.18 100.12 100.12
Itoston trinslng Mining.
BOSTON, Jan. 18. Closing quotations:
Allouex 27 iNorlsy, Butte... 13
Cal ft Ariz ... 58 0ld Dom 25
Cat ft Hecla... 27 I Osceola 33
Centennial ... ot-jIQulncy 45
C Rg Con Co. 43 Superior 2 V4
B Butte C M . 11 S ft Bos Mln... 1
Franklin 1IShnnnon 1
Isle Ryl (cop). 24 Utah Con 1 V4
Lake Copper.. " 'Winona 40
Mohawk .. 56V4 Wolverine 10V4
Germany, marks 055
Greece, drachmas .0443
Holland, guilders ................. .3077
Hungary, kronen 04)22
Italy, lire 0440
Jugo-siavia, kronen ............... .0040
Norway, kroner ................... .1575
Portugal, escudoa 035
Roumania, lei .0085
Serbia, dinars 0138
Spain, pe.setas ... M .............. . .151(5
Sweden, kroner 24t(3
Switzerland, francs 1017
China Hongkong, local currency... " .5525
Shanghai, taeisi ' .7750
Japan, yen 4850
NEW YORK, Jan. 18. Foreign exchange
Irregular. Great Britain, demand 4 22.
cables 14.22; Frane, demand 8.17c
cables 8.17Vsc: Italy, demand 4.36c,
cables 4 37c: Belgium, demand, 7.81c:
cab:e 7-82c: Germany, demand .51c.
cabies .52 c; Holland, demand 38.68c,
cables 36.74c;; Norway, demand 13.65c:
Sweden, demand 24.90c: Denmark, demand
20 00c: Switzerland, demand 19 42c: Spain. 1
aemano, lt.tfic; tireece. demand 4.38c; Ar
gentina, demand 33.62; Brazil, demand
12.87c; Montreal. 94 c.
Foreign Bonds. v
Foreign bond quotations furnished by !
Overbeck ft Cooke company of Portland: I
Bid. Ask.
Belgian rest Ss" 67
do prem 5s 74
d 7"-i. 1945 107
wdo 8s, 194 l.N 108
do 6s. 123 95
Brazil Ss, 1941 104
British 3s. 1D22 87
do 5s. 1027 86
do 5s, 1029 84
do vky 4s 67
do ref 4s 63
Bordeaux 6s, 1934 83
Canadian 5s. 1931 95
do 5s. 1026 97
do-s. 11)20 9S,
do3s. 1931 86
do 5s. 1027 94
Chilean 6s, 1U41C 101
Currency
Denmark 8s. 1945 108
Dan. muni 8s, 1943 10(1
French 4a. 1917 60
do 5s, 1920 73
do 3s. 1931 C3
do 7s. 1941 93
do 8s. 1045 100
German W L Ss 3
Berlin 4s . . . . 4V4
Hamburg 4s 6
- do 4V?s 5
Lelpsig 4 Vis 5
do 5s 5-
Munich 4s 5
do 5s ' 6V2
Frankfort 4s 6
Italian 5s. 1918 33
Jap 4s. 1931 73
do 1st 4s. 1025 87
do 2d 4s, 1925 86
Norway Ss. 1010 v.109
Russian 5s. 1021 17
do 3s. 10211 4
do 6s. lid!) 17
Swiss, 5,Vas, 1920 97
'do 8s, 1040 113
U K 3' s. 1922 104)
do 5s. 1029 14)0
do 5s, 107 8Vi
0
107 (
14)8 j
95 I
104 I
88
87 i
8(1
60 !
65 I
83 1
98 '
97
98 '
97 ;
98
1412
11
108
107V4
50 I
64 I
05 ;
100
4 I
5
5 I
6 I
6 !
? I
74 i
88
S7
100
1!)
5
10
97
114
100 I
100
99
Standard Oil Stocks.
Standard Oil stocks at New York, fur-
nihed by Oterbt:k ft Cooke company of
Portltttic :
Bid. Asked.
Anglo 17 18
Rome Scrysmer . . .1 325 350
Buckeye St) 91
Cheesehrough 175 18.)
do pfd . 100 110
Continental 128 132
Crescent 28 3()
Cumberland 130 140
eureka
10
17
28
18
.12
43
57
25
39
08
1
92
Swift ft Co. Storks.
PI..I.. - , - I , . . . ' ,. 1.
34 '4 Chlciiirn were retxtrte.l hv Hi. riverheelc &
i ooke company 01 t'ortlanu as loliows:
Swift ft Co 100
I.lbhy. McNeil ft Llbby 5
National Leather 2
Swift Internal ionnl 22
UK.
17
28
10
32
43
57
25
30
68
1
03 (
2 j
r.t.iil Johnson
- Uric
4I0 1st pfd . .
Ui 2d pfd..
Fain Play....
Fed Min . S11)
do Pf.l
Flck Tire....
tlaston W ins. .
Cen Cigars. . .
tlen Ki.e
ticn Motor. .. ,
lion Alden...
t.eu Asphalt. .
tioodro-li
tloodyear ....
i.1 ran by
tit Nor Ore. . .
do pfd
Or Cutianea. .
iuif s sti
llask llarker.
Houston nil..
Hupp Motor.,
l is t'enirai. . .
Inspiration
lot Ag cp era
do. pfd
Internum ....
do" pf.l
1(ol 4'a ialian.
lilt llarv
do pfd
lilt M.-rc Mar
do pfd
lot Nickel
lilt Paper....
do pfd
Invincib e oil
lwian.1 I'll...,
.).'. 1 Tea
K C s..u
K 4- Sou pM. .
KU -Spfc-rid .
J eiiniT.,1 1 ....
Ke stone Tire
1 il.'k s;e,l ...
1.1- I re
I.. hlKh Valley.
l.onllard
)...e Theaters
1. .v N
M..riand ( 01. . .
Mav 1'ept Sui.
M'V Pet
.Mi. mil
V .1 Stntes ( 111
.Mldvale Steel.
.M K .V T ' U . "
do pf.l ...
Mont r.,wer. . . .
.Moot. War. I ..
Mo Use
do pf I
t v, ) M
CO
l.K(NI
6.001)
1.4IIHI
1O0
IOHI
10.74)4)
2.7(H)
i(l()
3.!(iki
200
1 300
804)
1 (lo((
1. (
400
2O0
3 (HI
3.00II
7O0
1.7)8)
V.400
I.200
90.)
40U
1.5o (')
5.1(10
2.188)
1.4(8)
1,801)
400
7.M)
)M(()
."i(S(
M.S'M)
200
5.0.SI
5.5D4)
2(H)
5(10
3. 800
l.noo
(iOO
1014 18 19
OO 07 98 v
113 113 113
30 34 1 34
32 32 32
7 ' 87 S7
73 73
Jll . 07 39
60 li bO 80 .
8 8
'( 15 16
110 110 100
.21 21 21
115 115 H3
3 3214 34
84", 7S(j 80
' 8 0
13 13 13
0 9 8
4 S2 83
38 3S 37
1-' 12 12
is
143 ' 143
0 8
40 41 45
50 , 59
3 7 1, 37
1 1
20', 29 2SU
32 31 ...
73', 73
. '2 Ti.;.
84 S3'a S3
7 5 74 71
II'. 13 13
102 102 loo
4" 30 30
1 : 1 1
4 4 (i,
41 5 J,
8-1 83 S3
111". 110 110
14Vj 14(i 14
65 64 84
12 li 12
4s 47 4s
80
15 13 .-.
13 lit iJ
'" 23',
"sij's" 87 its',
17 17
4(' 4)1 47
2S :'Si 2.
6(( .-,!) JIK
l.-.o 14S 1,.,
13 13 IS
115 1 1 4 11
25 24 23
lii 1(18 lo
1'5 112 113
27 2H- 27
12 12 12
30 30 3i
8 8 8
25 2
6(1 U
13 1 3 14
17 17 17
46 4(1 46
41 :-,
Money. Silver, Etc.
NEW YORK, Jan. 18. Call money, firm
High. 4 per cent; low. 4 per cent: rul
ing rate. 4 per cent; closing bid. 4 per
cent: offered at 4 per cent; last loan,
4 per cent.
Time loan, steady: 60 days. 44 per cent:
DO days. 4 per cent: six months, 4 per
cent. Prime mercantile paper. 4 &3 per
cent.
Foreign bar silver. 63Tici
Mexican dollars. 50c.
LONDON. Jan. 18. Br silver, 35d per
ounce. Monry. 4 per cent. Discount
rates: Short bills. 4 per cent; three-months
bil.s, 3 1-10g3 per cent.
Galena com
do old pf.l . . .
do old pfd
Illinois l'ipe ...
Indiana l'ipe ..
Natl Transit
N Y Transit . . .
Northern Pipe .
Ohio Oil
l.nter'l Pete ....
Penn 3Iex
Prairie Oil ....
Prairie Pipe ...
Solar Refg
Southern Pipe .
South Penn Oil
S W Penn Oil .
S O Ind
do Kansas . . .
do Kentucky .
do N Y
do Ohio
do Ohio pfd .
Swan ft Flucn .
Vacuum
Washington ...
S O Nebraska .
Imperial Oil . . .
.. 40
..I115
. . 100
..168
..80
.. 28
..143
.. 02
..288
.. 14
.. 16
..533
. .232
. .870
. . 80
..18D
... 52
.. 87
. .385
..440
. .362
. .385
. .114
. . 35
..335
. . 30
..165
..104
42
11(7
1((3
173
90
20
148
98
275
15V4
18
345
237
31)0
83
100
55
87
580
450
365
3D..
115
45
340
35
175
105
There is, and has been for some time, a decided
tendency in the bond market toward a raise in
price and a decrease in yields. This condition
will, in all probability, continue. We advise in
vestment in such securities as are herein listed.
Invest Now for Future Profit '
and Assured High Yields
54 General Obligation
Road Bonds
Union County, Ore.
5
Dated Jan. 15, 1922
Due Seriallv, 1927-36
Den. $1000
Price to
Yield - -
Morrow County 5V2 ..1929
Wallowa County 5-2 1932-34
Yield
5V.f.
5
6 General 4 Obligation
Improvement Bonds .
City of Portland
Due Oct. 1, 1931
5
Dated Oct. 1, 1921
Optional after Oct. 1, 1924
Den. $1000
Price to
Yield - -
The prices of good bonds are advancing and the yields
are decreasing. This movement has been under way
for months and undoubtedly will continu until prices
have progressed to normal levels.
. LUMBERMENS
Broadway and Oak
being in the nature of hedging by the
northwest.
Leading futures ranged as follows:
WHEAT.
Open. High. Low. Close.
May $1.11 $1.13 $1.11 $1.12
July 1.00 1.01 1.00 1.00
CORN.
May 83 .53 .53 .53
July 53 .55 .54 . .54
OATS.
May 38 .38 .88 .38
July 39 .30 .39 .39
Jan.
May
March
May . ,
MESS PORK.
843
9.07
LARD.
9.5u
9.42
9.62
16.10
16.25
9 42
8.02
GREEN KJJ SOUTH
WHEAT IMT HAS FIIIST WOHD
OF PESTS' APPEARANCE.
New York Bonds.
New York bond quotations furnished by
Hernn ft Rhodes, Inc., of Portland
AM Tel ft Tel 6e 102:
Am Tel e Tel 0s 1024
A(il Tob is 1!'22
A in Tob 7s
Anaconda 7s B.
Anaconda 4.3 A. ............... 10.
Aril. our cv 7a
100
101
11)1
..1023 14)2
.102'.) K)l
Argentine til 5s
Am Ag Chm 7
Beth Steel 7s
Ileth Steel 7s
lteth Steel Kq 7s
Itelts'liim Kxt 7s
Delirium lis
lielgiutu 8s
Bergen 8s. City of
Berne 8s. City of
lir,, III Ss
Canadian 3s
Canadian 5s.
Cnniidlan 5s
Can Nat I-'q 7s
Clil ft N-W 6s
4'hleago N-W 7s
C M A St I gnftrf 4 Vis A..
Can Nor 7s
Chile Ss
Clu Istlaim Ss. City of
Copper Kxp 8s
Copper Ftp 8s
Copper Kxp 8s
Cupper K.p Ss
Cul.an Ain.r Sugar 8s 19:tl
Con (las cv 7s 1925
Dia Maich 7s 1 ::.".
IVnmark 8s IK
I'M V
nciu 102
. . . . V.).I!)
1045
11M1
1022
....1023
1K13
1045
1025
. . . .1940
1045
1045
. ... 1 04 1
. . . .T!i2rt
11)31
. .. .1937
1933
10:10 1o7
. ...10.141 10)1
,...21114 57114
. . . .1044) 1 1(1
. ... 1 04 1
1045
1022
102::
-..1024
. . . .10:
S7
78
1(11
100
10))
101
106
05
1410
K((i
107
104
. 07
07
08
106
EGGS 30c PER D0Z.
White Henneries, 32V, not, Port
land guaranteed. Immediate fhip
turrits. Checks by return mall.
The SAVINAR CO., Inc.
IOO Front Jit.. Pnrtlnnd. Or.
iHrniprt Mun Ss. . .
IMipont 7S
Ui-rtiid Trunk 7 "
i tOftrlrirh Tf
iro,iv:ir Ss. .' ,
.ulf Oil 7s
(.rr.it Nortliorn 7s
Hernhfv 7'a!..
Hum Me Oil 7
li.t Reip Tr r.-f
Int Mnr CT rts
Kelly Sprtntrfield S
Knn?-ott "5
I.lt.bv, MeNVil Lihby 7s..
Mrrt Co 7 H-s
Mexican PM" Ss
K Y C c;.U 7
Norwuv
N P O N 4Jnt) 6i8
N P rtt
NnrthwoM Tel 7ft
Ohio O i 7s
Ohio Vowcr 7n
Vnn Arrtr 7s
Ff nnn rtia-s
Hun Punic. S
Snuthwt Tel 7s
Swedish Oovt s
Stn1ar1 Otl N T 7
Stand Oil nf Cl
Sfeot A Tul 7s
Swtus Ss
Sf irn line 7s
pp.in. Ro 7s
Fin!air 7S
T' n Tank 7s
Vnitruav Ext
1T S Hubber 7s
WilHnn 1st (W
Went K.eo 7s
West injrhouse 7
Zurich tts 1
. 1 i4.-,
lot V,
ion
ICS
lM'iS
. . If!'
.lit:;
fl7
i n.-t
. .irt:tn 10s .
. . .
. . .in.:t
. . . 1
. . . 1141
. .1 !;'.' i ti.ii..
.-'.'47
hv. r i.ookim; fh a dr.
l'b..bAIU,i: PHODI K DKiLERf
Vul Hi iter
fork rhfr
Poultry hXK
Ifuary Any lmd art
mK '" Intrtit mrttaodN anrd to
prepare hipmenti fur higher prlrva.
HI Ui to,
; Kraat lortlaad. Or.
11 1
ifoi mi
. . . . 1 !"0 fS
!;
mnn mi
. .. .mjr, mi
P':t! !.-,u
HUH
. ...Itt"! 107
. . . . mr.i nn
, . . . vun n:i
....in.'i Vm
m-j:i f!.
, ...m.'. ioi
11VJ5
vxm m..
4H
...ifiro m.w
pv.w
. . . 1 sija mr.
. . .m;;i lortH
...1145 107
Indications of Revival In Kuropean
Demand Chief Influence in
Strengthening Market.
CHICAGO. Jan. 18. Wheat price
showed an upward tendency today, chiefly
as a result of prospective better European
demand, together with talk of green bugs
In Texas. Oklahoma and Kansas. The
mark t closed unsettled, at the same as
yesterday's finish to He higher: May.
tl.1214 to $1.12. and July. $1.00 to
fl.OO. Corn gained H to c. oats fin
ished unchanged to tip, and provi
sions at 2 Vc decline to a like advance.
Wheat a vera eed hlgrher except for a
brit perloa shortly after the opening.
The main influence was that a liberal
quantity of wheat on ocean pasaee and
other amounts available for deferred ship
ment was said to be ch an ping hands. Re
ports of the presence of green bugs in the
southwest attracted fair attention, but the
effect of the news was lessened by asser
tions that it ww too early fo. damage to
develop.
Corn and oats paralleled wheat. Ex
porters were after corn and took 250. 000
bushels here.
In provisions, packers' selling nullified
an advance caused by an upturn in the
value of hogs.
The Chicago rraln letter received yes
terday by the Overbeck ft Cooke company
of Portland follows:
Wheat The tendency was upward most
of the day', but the market was compelled
to digest a great dal of scattered selling,
presumably in the way of liquidation. Al
though the net change for the day was un
important, there whs a much better feeling
noticeable, especially as to the May posi
tion. Reports of the presence of green
bugs in parts of Kansss and Texas caused
a little riurry in the July options, but the 1
effect was only temporary as it was con- ,
sidt-red too early in the season to become !
alarmed over such reports. Cash wht-at '
was in cood demand at all markets with j
prices from 1 to 3 'cents higher. There I
was more activity In export circles with !
sales for the day estimated at 1, 300.000 ;
bushels, presumably Canadian grain and a j
good part of it on the Oret-k order, 1
Torn Trade was of small proportions
with the market maintaining a strong: tone j
considering the Urge receipts and conse- j
quent rash pressure. Ppot offerings were '
well taken care of at yesterday's basis to a t
fhade higher. More bids were in the mp
1a et and additional bumnefes likely to he
done. The value of corn from a feeding
standpoint cannot be ignored, even though
the contention Is made that the supply
in the country Is excessive.
Oats The trade was moderate featured
bv a persistent commission house demand
and buy in e credited to leading elevator in
terests. The undertone was strong and
selling pressure unimportant.
p.ve Futures were firm, reflecting tne
irrturn in wheat and buying by elevator
ir ter-sts. There was some selling on the
4 pr wh'fh h d the spnenrsnce of
SPARE RIB3.
8.57
8t7
Jan
May 8.70 8.72 8.65
Cash prices were as follows:
Wheat No. 2 hard, $1.11; No. 1 north
ern, $1 30.
Corn No. 2 mixed, 48'i49c; No. 2 yel
low, 48V(&4yc.
Oats No. 2 white. 374 3Sc; No. 3
white, 34 u. c.
Rye No. 3, 74c.
Barley 55$,- 00c.
Timothy seed $57.
Clover seeed $ 12.00 & 19.
, Pork Nominal.
1-ard $1.-82.
Kibs $b&&.
Primary Receipt.
CHICAGO.' Jan. IS. Primary receipts:
Wheat, 034,000 bushels, versus 1,100,000
bushels; corn, 2.573, ioO bushels, versus 1.
842.U00 bushels; oats, 743,000 bushels, ver
sus t.71.000 bushels.
Shipments Wheat. 4fl,000 bushels, ver
sus 7s:.0,0j0 bushels; corn, 072,000 bushels
versus 7:-0,tOO bushels; oats, 535,00 bush
els versus 406,000 bushel.
Clearances Wheat, 247,000 bushels,
corn, 37.)OU bushels; oats, 0U.000 bushels.
Car lots Minneapolis Wheat 227, corn
03, oats 22, rye 20. Winnipeg Wheat a.".4.
oata 70. Puiuth Wheat, 64. corn 78, oats
17. Kansas City Wheat 104, corn 42, oats
11. St. Louis Wheat 51, corn 118, oats
32. Omaha Wheat 15, corn 72, oats 19.
New York (.rain Mnrket.
NEW YORK, Jan. 18. Wheat Spot,
firm; No. 2 red and No. 2 hard. $1.23;
Nov 1 Manitoba, $1.30 and No. 2 mixed
durum, $1.12 C. i. f. track New York
to arrive.
Corn Spot, firm ; No. 2 yellow, BOic;
No. 2 white, 67 U c, and No. 2 mixed, 60
C. I. f. New York, all rail.
Oats Spot, steady; No. 2 white, 46Hc
mixed alfalfa $17, d. c. $23. straw $15,
barley, whole, $33. ground and rolled $33,
clipped $40, chick starter $54, chop atl
grain $3., cocoanut meal $2.S. corn $32.
corn cracked and feed meal $34, cotton?
seed meal $44, linseed meal $t2. mash mix
ture, egg, $4(Ka46. scratch food $4140,
soy bean $62, wheat $42, Puget sound $40
. i
Grain at San Francisco.
SAN FRANCISCO. Jan. 18. Wheat, mill
ing. $185trl.93; feed. 1 b.'. It l.lfS.
Barley, feed. $1.22 ft fe 1.27 ; shipping,
nominal.
Oats, red feed. $1.4091.50.
Corn. white Egyptian. $172 1.80;
red mil 0, $1.451.5u.
SAN FRANCISCO PRODUCE MARKET
$10,000,000
STATE of OREGON
VETERANS STATE AID
4
9 GOLD BONDS
Dated Feb. 1, 1922
Due April 1, 1931, to Oct. 1, 1950
DENOMINATION $1000
Principal and Semi-Annual Interest (April and October 1st)
payable at Fiscal Agency, State of Oregon, in New York City
These bonds are issued under authority of Article XI-C of constitution of Oregon and
Chapter 201 General Laws' of Oregon of 1921. They constitute a general obligation of
the State and are supported by an ad valorem tax on all taxable property in the State.
Constitutionality and validity of issue approved by Supreme Court of State of Oregon
December 13, 1921. x
Exempt From All Federal Income Tax
tsrallty to b approvrd by Mrasra. Morey, Thorn
tyke. Palmer 4t Do due, Attoraeya, Boston, Mass.
Prices according to maturity to yield
.3S to 4-45
Dated
Jan. IS. 1922
9400,000
Union County
514 Road Bonds
Due
Jan. 15. 1027-36
Denomination. $1000.
I'RU'K TO YIELD
?; nncr.
70
income: tax exempt.
:i)H),0))0
Yamhill County
5'2o Koad Bonds
Dated Due
Aug. 1, 1D30 Ausr. 1, 1D30-3S
Denominations, $500. $1000.
riUCE TO 1 IEI.U
4.90 Jo
INCOME TAX EXEMPT.
Wire Orders Collect
Ralph Schneeloch Company
MUNICIPAL iJRPDRATION FINANCE
ttiMBWMENS BUILDING
POKTiAMa Oregon.
Trices Current on Y ejretablrs. Fresh Fruits,
Etc., at iu? City. ,
SAN FRAXC1SOO, Jan. 18. (State di
vision of xnarKets. ) Fruit Apple.
aird 4-tier, $1.40i&3.50; oranges, navel.
2 25(&:4.50; lemons, $1.."0 3.75 ; grape
fruit, JOfi 4.70; cranberries, box, 4.&U
5.50; pears, box, 1 1.50 2.50.
Poultry Broilers, "33 6 38c; younff roost
ers. 24& 31c; old., 172Jc; hens, 24 32c;
ducks, 221i2."tc; turkeys, live, nominal;
dressed, 4i&45c
Veeetablea Art 1 eh ok as. case. $10020:
beans, pound, 15 20c; carrots, uack, WOc 1
L ; celery, crate, f S ZU'u 3 ; cucumber,
dozen, $1.2U&3; eggy.ant, pound. 5 13c;
lettuce, small crate, $1(0.2.75; jiiushroomi. j
small box, 50 73c; olives, pound, 3 ft 9c;
ontos, cwt. brown, $ti i.!S0; white giobe,
$4.50 8; peas, pound, 1017c; bell pep-
per, pound, 20jj'2.c; potatoes, 22.75 i
pumpkins, sack, 75c(o Jljk rhubarb, box.
J 1 .75 (i 3 ; summer squ as TT, small crate,
$33.30; hubbard, sack. $1(51. 50; sprouts,
ft 11c; spinach, pound, 0fi 10c; tomatoes,
cnite, $2a2.r.
Receipt." Flour, 25M quarter sacks;
wheat, 130 centals; barley, 3217 centals;
corn, B27 centals; potatoes, 41 10 sacks;
hay, 150 tons; hides, 2363 bundles; oranges
and lemons, 1000 boxts.
coffee futures was very quiet again today
with fluctuations narrow and irresuler.
January was nominally three points lower
at the close, with other months one to
five points hiRher. Sales were estimated
at about 6000 bafca. January. 8.33c; March,
43c; May, S.32c; July, 8.24o; September,
S.24c; October, 8.23c; December, 8 iilc.
Spot cotfee, dull and nominally un
changed at 9 to 9c for Rio 7s and 12 to
12fcc for Santos 4s.
Metnl Market.
XKW YORK, Jnn. 1 ?orTer Steady.
Electrolytic, spot and nearby, 13&14c;
later, 14o.
Tin Steady. Spot and nearby, 32c; fu
tures, 82.25c.
Iron Steady. Prlren unchanged.
T.nd Se-ndy : 4 "i-ft 4 Rnr.
7-lnc Quiet. East St. Louis dohf.ry,
spot. 4.75-if 4.80c.
Antimony Spot, 4.ri0c.
Phone yntir want ads to Th Orp
rnnlnn Mnfn 7070 Automatic
I
Minneapolis Grain Market.
MINNEAPOLIS. Jan JS. Barley,
53c. Flax. No. 1. $2.0tt $1 2.15U.
Wheat May, $1.19; July, $1.13.
40)9
IV Inn peg Grain Market.
WINNIPEG, Jan 18. Wheat, May, $1.11;
July, $1.084-
Duluth Linseed Market.
Dtn.TTTH. Jan. 1 Unseed, on track.
$2.0U(6 2.11; arrive, $2.0is 2.10.
Seattle Grain Market.
SEATTLE. Jan. IS. Wheat Hard
white, soft white,, white club, soft red
winter, northern spring, SLOfl ; hard red
winter, $1.10: eastern red Walla, $1.07;
Big Bend bluest-m. $1.12.
dry delivery: Hay t-Trothy J'J3 a r X? 1 .
QUOTATIONS ON DAIRY PRODUCTS j
Current Prices Ruling on Batter. Cheese
and Eggs.
SAX FRANCISCO. Jan. 18. Butter
Extras. 41c; prime firsts, 37c
Kegs Extras, 30c; extra pullets, 37c;
undersized. No. 1, 30c.
Cheese California flat fancy. 25 He;
Young Americas, fancy, 2"Vc
NEW YORK, Jan. 18. Butter Unset
tled. Creamery higher than extras, 3714
;iSc; creamery extras, 3G1.. ;i7c.
Eifga Firm. Fresh gathered extra
firsts, 31i540c; fresh gathered firsts, 3tl
G.'iSc.
Cheese Irregular. State whole milk
flats, frefh specials, 21c; state whole milk
fresh twins specials, 20 if 21c
CHICAGO. Jniv IS. Butter Lower.
Creamery extras, 324e; firsts, 20
31 He; seconds, 24ig25Hc; standards, I
29 He.
Eg-ers Unsettled; receipts lo.SSS cases; i
firsts. 34c; ordinary firsts, 2!tf 30c; mln- j
cellnneous, 32 33c; refrigerator firsts, 21 I
6-24c. j
SEATTLE, Jan. IS. Etrjrs. select local
ranch, white shells, 34o; seuct local ranch,
mixed colors. 32c; pullets, 2c
Butter City creamery cubes, 33c; bricks
or prints, 34c.
Coffee Futures Quiet.
VEW YORK". Jnn. IR Tb mirk for
Bid.
Frelrn Exchange.
Fre1n exchsnpre rates at the c'oee of
bustinens yesterday, furnished by North
wejttern National bank of PortUnd. The
h mount quoted is the equivalent of the
foreign unit In United States funds:
'-)untry lTnit. Rate
Austria, kronen .POOA
B,ciu:n. francs .07 s.
Bu'.itaria. leva OOSrt
Czerho-SIovakia, kronen niT
Denmark, kroner .2,0H
En '.and. pund sterling 4.232
Virion'! finmark ill!.".
JOHN PURSE & CO.
CONSULTING PUBLIC
ACCOUNTANTS AND AUDITORS
611 ARTISANS BUILDING.
Broadway 2853
Balanee Sheets. Income Tax
Financial Examinations
HERRIN& RHODES, Inc.
FstshMsh.4l 1S
STOCKS, BONDS,
COTTON, GRAIN
Correspondents E. F HUTTON A CO.. N t
Members all leading rxchanfaa
Babaon'a Service on Pile.
Main SM.t sol Hallwar Ksckaor- Bldr
We Buy P. R., L. & P.
87c Gold Notes
U. S. D. & Trust Co.
284 Oak St.
We offer our participation in:
$400,000.00.
UNION COUNTY, OR.
5 '4 Road Bonds.
Dated January 13, 1922. Due Serially January 13, 1927-36
' Denomination $1000.
Principal and semi-annual interest (January 15 and July 15)
payable in United States Gold Coin at the Fiscal Agency of
the State of Oregon in New York City.
Legal Investment for Saving Bank and Trust Funds and as
Security for Public Funds in Oregon..
EXEMPT FROM ALL FEDERAL INCOME TAX
Legality approved by Messrs Teal, Minor and Winfree of
Portland, Oregon.
FINANCIAL STATEMENT:
Assessed valuation, 1921 $26,416,551
Actual value, estimated 35,000,000
Total Bonded Debt (including this issue).. 860,000
Population, 1920, 16,636.
These bonds are issued to provide funds for highway con
struction and are the direct general obligation of the county,
supported by ad valorem tax on all taxable property within
the county.
Prices to Yield 5
Blyth. Witter. & Co.
REPUBLIC OF
BRAZIL
BONDS
To Yield
9.13 to 13.60
at Present Exchange
AD
10.75 to 16.05
With Exchange at Par
Johnson -Hattrem Co.
Main O0S4
OIL ft
5
NEW ENGLAND
REFINING COMPANY
First Mortgage
8 Bonds
Due March 1, 1931.
The net earnings of this
company for the year end
ing Dec. 30, 1921 were 15
times the bond interest.
The net assets equal more
than $3500 for each $1000
bond.
Price 100 to yield 8
E.H.ROLUNS &SOXS
tmrttment Hands
BOSTON NEW YORK CHICACO
sfj FRANCISCO-UJS ANtEUS
411 I.rwla Build In.
Mare hall 2US
PORTLAND
Seattle
Fourth and Stark Streets.
San Francisco Los Angeles New York
PUTS AND CALLS
(Guaranteed)
'THE SAFEST WAT TO TRADE."
! $40
bnvg a (ev4n-dav call on 100 -"hares
inr N. Y. Stock Kxchange security.
! There are no Margin Calls, no ln
l (erest charpes and no commission un
i less the call in closed at a profit.
I Kach point ($1.00) the stock moves
up means a prorit or iui to you.
Write for booklet, "How to Trade
In Puts and CallF."
Prompt attention to mall orders.
WATSON & COMPANY
Investment Seenrittea,
S25 Stock Ezekaasre Building-.
Irfw Angeles, CaL
5
Oregon Tax Exempt Municipals
$23,000
BAKER COUNTY, ORE.
5 Road Bonds
Dated Nov. 1, 1919. Due Nov. 1, lll.W. Optional Nov. 1, 1929.
Denomination $1000
Principal and nm I -annual tntrppt payable Mny 1 and Kovmbr 1.
Payable at thf Kifral Afrncy of thf stnt of Ore-eon (National Par It
Bank), New York City, or at office of Morris Brothers Corporation.
Price
Par and Interest
to Yield
Assessed Valuation Raker County, lilH $?n.071.as
Real Value (estimated 4U.00ft,ini0
Total Bonded Debt (thts 1mi only) lOu.uoO
Population Eptimated
Applicable as aecurlty for state, county and city funds In Oregon and
for Postal Savings Deposits.
Baker County Ions; famous as one of Orion's richest counties, has
been noted since pioneer times for the wealth of It mines and utock
farms. With the inm-n.ert demnnd for cuttle and inlncri s this county
has made substantial sralns in jcneral property and population and its
bank deposits place It ainoti the half dozen leiidlnjc On iton counties.
Baker County contains l,if."ift.400 arres. of which the til -able land la
appraised at $10.43!t.00. l.lv(iork totals the HKHjsHrd vnlue. of
J$3.ir,0im and mak.- It the second county In thf stat in this respect.
The mineral wealth of Baker County Is Mill larR' ly undeveloped but
the war brouKht a Rr at revival of mining to this section and new
projects are constantly being; opened.
The county's flnimclal affairs hnve alwsys been strictly administered
and today Baker County Is aMogerher free from debt with the excep
tion of this ls.sue of road bonds. These bonds are lpsued to bulM per
manent highway- with the co-opratlon of the state and federal R.ivcrn
ment and will themselves add much to tha wealth and development of
Baker County.
Telephone or Wire Orders at Our Expense. ,
Morris Brothers Corporation
Morris DulldlnK. .1410-11 Stark Street,
Portland, Orearou,
Broadway 2I.M. Safe Deposit Doxea.
NORTHWESTERN
"MUNICIPALS"
We Own and Offer
Tillamook County, Oregon 5'i, 1932, to yield 5.00
Tillamook County, OroRon 5'i, 1933, to yield 5.00
Tillamook County, Oregon 5'z, 1931, to yield 5.00
Tillamook County, Oregon 193.1, to yield 5.00
Tillamook County, Oregon 5'2, 193fi, to yield 5.00
Whatcom County, Washington.... 6, 1921, to yield 5.23
Whatcom County, Washington 6, 1927, to yield 5.23
Whatcom County, Washington.... 6, 1928, to yield 5.25
Wallowa County, Oregon 5'2, 1933, to yield 5.00
Wallowa County, Oregon 5'j, 1931, to yield 5.00
Lincoln County, Oregon 6, 1930, to yield 5.10
Washoe County, Nevada 6, 1932, to yield 5.30
Enterprise, Oregon 5, 1933, to yield 5.73
Peninsula Drainage District No. 1. 6, 1932, to yield 6.00
Silver Lake Irrig. District, Oregon. .6, Various, to yield 6.50
Slide Irrigation District, Oregon... 6, Various, to yield 6.50
Portland, Or, Gen. 5'j, 1930, to yield 4.85
Portland, Or., Improvement 6, 1931, to yield 5.00
1
G. E. MILLER & COMPANY
PORTLAND SEATTLE
Northwestern Bank BIdg.
2d Floor Main 4195
i