THE MORNING OREGONIAN, THURSDAY, FEBRUARY 2, 1922
2t
HIGHERW0DLPR1CES
JUiE NOT FOLLOWED
Good Market Fails to Reflect
Strength in West.
r&wa, making th total stocks on hand
January- 1, 121, l,l&!.$$3 tona. com parr a
-ritli 375.111 tona oa the same date In the
preceding year.
Butt Withdrawn Fran Btoeaffew
Local .Horace holding of butter were
reduced 4459 pounds in the past wee it. The
official report of storage holdings of dairy
and poui try products at Portland com
pares with, a week ago and a year ago as
follows:
This wk. X.at wk, Last yr,
Butter. ,. .
C h-ese. lba. .
Kgrs. ca .
i'uUitry, loa.
IS 241
. .. &U.7V4
l-'7
18 '
81.7
132.5V1
SEVERAL LINES ARE LOWER
Mill Disposed to Hold Price Down
as Long as Tbej Have
Wools in Hand.
The opening of the wool goods eeasoa
disclosed lower trend of goods prices.
aorwlthstanding the strength of the mar
ket for the raw material.
At ths formal opening ?or fall by the
largest manufacturer la the east, prices
showed some reductions, aotably oa some
of the staple worsteds, where price con
cessions ranging from To to 12Ho a
yard were noted. On some of the wool
oioaklngs and heary woolen dress goods
price concessions were particularly notice
able. On many lines no changes were
made, and the failure to advancs prices
vss accepted ss aa ad mi sot on that reduc
tions were conceded.
Tbs raw wool markets havt been rising
o steadily of lata all orcr Lhe world that
it was expected In many quarters that ad
vancea In prices could not be avoided.
SHini to have been decided that the new
prices on a somewhat lower level sha-I
continue so long as thers la -wool In hand
Co fill orders, Mill agents were asking
for hiit her prices, and the change Is rec
ognized as an acknowledgment of the ne
cessity for attractive prices it mill orders
are to be ftlrauisted.
Buyers of wool- dress goods snd cloak
In operated more promptly than others
Some of the fine overcoating fabrics were
also ordered freely on the f:rst few days.
Less attention was given to the cheaper
overcoating, and all-wool goods attracted
mors buyers, as a rule, than worsted
fabrics.
The volume of Idle machinery In wool
goods centers has been increasing In the
past few weeks. The restriction of trade
Is due to the unsatisfactory prices asked
for made-up goods. This is a condition re
sulting from high costs of production In
cutting houses, and a movement Is now
under way to se if these costs cannot be
reduced before the fall maktng-up season
starts.
Iairy Produce Exports De-cone.
Total ex nor La of dairv nroducts. etc.,
from the United States in 1921 and IDl'i
are reported by th bureau of markets as
follows:
Butter, rbe. . .
Oleomargarine,
ChwK, lbs. . .
Eggs, do. ...
. 8 419.737
. g,3nt.U41
.33.4i7.7
17.47.733
3 6 M7 74
24S.&4. 1,772
Baak Clearings.
Bank clearings of the northwestern cities
yesterday wers as follows :
Ciearlnrs. Balances.
Portland $4,713 OTa S V2A.7A3
Seattle A,323,C&3 1.143.L:3
Ticomi transactions 2(k.t!2
Spokane tranaacTinns 4,2"J3,748
PORTLAND MARKET QUOTATIONS
Grain. Floor. Feed, Etc.
Merchants Exchange, noon seion:
BOND PRICES ADVANCING
VICTOUY NOTES SELL AT XEW
HIGH RECORDS.
?n so
23.00
24. SO
24.1:5
2l 00
2d.50
24. SO
24.25
Tlj( . Fb. Mar.
Hard whits $1 134 1 13H
Soft white 1 1US l l')1
White c:ub l.ios 1.104
Hard winter 1124 1.12
Northern spring l.M J.u
Rd Waila LutiSs i.U
Oats
No. 2 whits feed....
No 2 gray
Barley
Brewinr
Standard feed
Corn-
No. JET shtoment.
No. SET shipment.
r"LOtR Family patents, $7 2 per bbl.:
t I whole wheat, 40; graham, lJ 20; bakers
ents. .: valley soft wheat, 3 05;
straights - 15.43.
MILLFEED Pries f. o. b mill: Mill
run, top lots. 122: mixed csrs. S21; strsight
cars 20 per ton ; middlings, $34; rolled
barley. S34t36: rolled oaia. S3t; scratch
feed. (44 per ton.
CORN White. 132; cracked, 3o per ton
HAT Buying price f. o. Portland:
Alfa:ia. $13.50 per ton; cheat, tlOOOUll;
oat and vetch. $14.5'n clover. $11; valley
timothy, $14615; eastern Oregon timothy.
nai7.
hMALL CROPS IN' EASTERN EUROPE
Kouroanian Outlook Is for Half of Last
Tear's Yield.
Cab'.lng on crott conditions abroad.
Broomfield said:
In the center, west and south of Europe
weather Is seasonable and considerable
snowfall haa been experienced in part a
Koumante From present Indications it
la beiifved the next wheat crop will be
about ha:f that of 1U21.
BuicarU This country will most likely
nave a small outturn of wheat, as autumn
oowtnra have been short.
North AfricaCrop prospects can be do
scribed a fair.
Argentina l n new crop or corn la pro
gressing favorably. Farmers are offering
their old crop epsring:y and the prices
Bold reiativeiy firm.
Tho 1V21 wheat harvest of Greater Roq
manla. which now comprises the old king
dom of Roumsnla, Transylvania, Bessara
bia and Bukowina, amounted to 7d.9SO.000
bushels from . 1 49.000 a ere a. according
to a cable received from the representative
of the United State department of agrt
cluiuro In southeastern Europe. This
amount U only a tittis mors than ha:f the
pre-war five-year average of 174.OOw.O00
buahe.a for these territories.
The requirements for food and seed
during tho present yesr are estimated at
approximately g7.o0n.om bushels. This
would leavo aa exportable surplus of leas
than 10.0V0.900 buahe.a. which is less than
one-fifth f the amount formerly exported
from old Roumsnla alone. During the five
years 19s-1913 tho annual wheat exports
of old Roumsnla, which had less than
fcaif of ths wheat area now contained In
new Roumania, averaged &S.370.OO0
bushels.
1TRMER FEELING IN WHEAT TRADE
Rids Aro Half Cent Higher oa All Grades
at Eachauage,
There was a firmer feeling la ths wheat
market yesterday and hither prices were
bid. A moderate amount of business was
reported done. Offers at the exchange
were advanced half a cent on ail gradea.
The on.y export business reported from
the east was in Manitoba. The Liverpool
market Cuiaed VU fa she r
Th Pries Current says: "The wintering
condition of wheat Is reported largely
javoraoie la Indiana. Illinois god. MUscurl.
with considerable territory report ins un
favorable. Th reports from Ohio. Ne
braska. Kansas and Oklahoma aro largely
unravorao.e.
B. W. Snow says: "It is worth notins-
that oneo more storm conditions In ths
oathwost dxy belt have passed over with
out bringing any moist ur relief. The
period tor h.gh spring winds) will soon be
feer and with a dry soil and feeble plant
the outlook is disquieting '
Terminal receipts, la cars, were reported
by ths Merchants Kxchsng ss follows:
Portland Wheat Uar Fir Oats Hay
WeJnptir ,V... 8 ii
Tear ao 53 . . . 4 30
Bc-a.-n to date. . .2102-3 14 jsw 612 UH-i
1 ear ago ...... 1U..'7 la 32 T j liJtf
Tuesday
Tear ago ..
Bf'n to date
Tear ago 4.
Siratt !e
i!n'jidjr . .
Tear as . .
Season to dale
Tear ago ..
Hairy and Country Produce.
BUTTER Cubes, extras. 33c per lb.;
parchment wrapped. box lots. 41c;
cartons. 42e. Butterfst, buying prices: No
1 Rrsde. 37c. delivered Portland.
EOGS Buying price. 278; 28c. case
count; jobbing prices, case count. SOQSlc;
candled ranch, 33$ 34c; association, se
lects. 30c; association, firsts, 34c; associa
tion pu!!ets, 32c.
CHEESE Tillamook triplets, price t
jobbers, f. o. b. Tillamook, 26c; Young
America. 27c pound.
POULTRY Hens. 13f?24c; springs. 22c;
ducks 22tf-'8c;- geese, 20c; turkeys, live,
nominal ; dressed. 4"c.
PORK Fsncy. 12913c per pound.
VEAL Fancy. 174xl74c per pound.
Fruits and Vegetables.
Tocl jobbing quotations:
FRUITS Navel oranges, $4.754?6.50 box;
lemons. $77.30; grapefruit, $77.&0 box;
bananas. 8 9c per pound; apples, $1.35 & 3
per box; cranberries, eastern. $18 pr bar
rel. POTATOES Oregon. $1.RO0 1.7ft per 100
pounds. Yakima. $1.762.23 per 1U0
pounds; sweet potitoen. &W03o per
pound: Nancy Hall, $20 per crate.
ONIONS YeUow, $77.&0 per 100
pounds.
VEGETABLES Cnbbace. S4e per
pound; lettuce, 93.7S4f4.30 crate; carrots,
$2 2 50 sack: garlic, 15c per pound; green
peppers, 4550c per pound; beets, $2 2.50
per ssck; celery. $7 508 30 per crate;
cauliflower. $2 9 223 per crate; squash. 4c;
sprouts. 20c; turnips, $2 per sack: para
nips. $2..t04y3 per sack; tomatoes, $5.50 per
lug; artichokes, $1852 per dozen.
Liberty Issues Also Gain New
Seine Seven Ter Cents Are
' Sold by Subscription.
NEW YORK. Feb. 1. The stock mar
ker today resumed its dull and uneven
course, various specialties establishing
highest prices for tno current movement,
wnile standard shares wers dull and ir
regular. Any tendency toward general bulllleh
operations was discouraged by ths money
market. Call loans opened st $ per cent,
but advanced to t per cent at midday as a
result of heavy February payments.
Activities of pools centered in such Is
sues as American Ice. Gulf States SteeL
United Fruit,. Electric Storage Battery,
Davison Chemical, Remington Typewriter,
Kresa-e, Kayaer. Central Leather. Hide A
Leather preferred, and Endicott-Johnson
at extreme gains of 2 to 5 points.
United States Steel was unresponsive to
the adverse financial statement for the
final quarter of lifZl and most kindred is
sues were equally apathetic. Coppers and
local tractions helped to steady the mar- ,
ket In the final dealings.
-Further cuts announced by automobile
manufacturers. occasioned moderate selling
of that group and Sears-Roebuck becam
heavy following tho publication of
January statement. Sales were 4OO.OU0
chares.
British exchange continued upward, d
mand bills rising to $4.28, tho btat price
in over two years. All allied exchanges
were better, as were also the Dutch and
other north European remittances, but
German marks sagged.
In th bond market the trend was t
ward higher levels, victory 3s and 44
making new records at $lo0.30 and $100.3
respectively. Liberties also moved forward,
but other domestic Issues were hesitan
Announcement was meule of the sale by
subscription 01 me recent issue or tne ae
panment of the Seine (France) 7 per cent
goia tonos. Total sales, par value, aggre
gated ai4.3td.uvu.
CLOSING STOCK QUOTATION'S.
(Furnished by Overbeck A Cooke com
pany 01 Portland. )
4
mm 1 8
7. .V (it lOOft IrtJ 5;
t.-M 47 044 7 t04
n 1 1
3 4 1
.0.' K-0 134 2il lieo
3 47 IJ i0;4
Fgg Prtcoa Drpead oa Heather.
Tho egg market was abois) steady yes
terday. There was only a fair demand to
take care of the modera: receipts. The
course of the market in the next few
days wtli depend on weather conditions.
butter prices were unchanged, but the
market was unsettled.
pou.try continued slew and
dressed meats were firm.
country
Record Cosmo aaptisa of 8ogmr.
Accord: ng to The American Sugar Bulle
tin, consumption of sugar in the United
Mates in 121 amounted to 4,264,773 tons,
a new h:gh record and an increase of 208.-s-31
tons over that of the previous year.
The carryover Into 1921. owing to the large
crop of 120. was very large, consisting ot
7u ot0 tons of American beet sugar. 113,
M3 tons of Louisiana suvsr and 319.350
tons of refined sucrar made from foreign
Staple- Grocofie.
Lrcnl Jobbing quotations:
SUGAR (ssck basin) Cane, granulated.
0. hk? pouna; oeet, o mc per pouno.
NUTS Walnuts, new crop. 23 36c per
peanuTs, 11 4 14c per pound.
RICO Blue Rse, 61sj7e per pound
japan sine, nc per pouna.
COFFEE Roasted, buik. In drums. 180
so-NC per pouna.
SALT Granulated, bales. $3 20Q4.KS
osii (frouna, ton. ws. i 1 : iuus. sis
HOXBI Comb, new crop. $5.504? 6 per
case.
i'Hipn FRUITS Dates, 18&23c per
pound, flsr. $14063.50 per box: artleL
ioc pouna; peacnes, lo; apricots. 23C
prune, luuftisc.
BEANS Small white. 6c: large white.
lad pink, 6c; bayo. JSc; red, 6c
Hideo, Hops, Etc.
HIDES Salt hides. 5tr6c: salt bulls. 449
3c; green burls lc less; salt calf, 12c: salt
km. 7c: salt horse hides, $12 each; dry
norse nines, noctrsi each: dry hides. 9c
dry cull hides, half price.
rLT Lry pens. 1 Off 13c flonr wool:
dry short wool pelts, hsif price; salt pelt.
30c 9 $1 ooch; dry goat skins, $10 (long
hair); shearings and abort wool skins at
value.
TALLOW No, 1. 4Hc; No. 2, SHe per
pound.
C A SCAR A BARK 8c pound delivered.
ron ;anu.
HOI'S 1921 crop. 184x20c rer ioand.
WOOL Eastern Oregon, 15 Q 30440 per
MuH AIR Long staplo, 20c; short staple.
100 pouno.
Provisions,
Local jobbing quotations:
HAMS All sixes. 2Wtf33c; skinned. 26
panics, i"c; conase roil. 24c.
BACON Fancy. 326; 42c; choice,
LARD Pure, tierces, 14c pound; com
pressed, tierces. 13c.
tRY SALT Backs, lff2lo; plates. 15c
Oils.
LINSEED OTT- Raw, in barrels. 95c,
0-gaiHm cans si.10; polled, in barrels 97c,
-(i.)on cans si z.
TURPENTINE In drumo, $1.13; fi-g-
on cans, ii.ju.
WHITS LEAD 100-pound kegs. 2m
per pouna.
GASOLINE Tank wagons and Iron bar
ren. 2c; cases. 3Hc.
QUOTATIONS ON DAIRY PRODUCTS
Choi
MORE MEATS
Receipt Still LlE-ht. Market Verj
t" 1 m.
TM1 H THE TIME TO SELL
Chtcia by Keturn MaiL Write for
TK
THE StllNAR f l r,
1 Krl Sliwl, Port la Or.
ABE IOr LOOKIM! rON A DE-l-t0(BI.E
1'Huril fK DEALtMf
(nil Rmrt.r
fork (kKH
l-oallry . I t(,
Amy lmSmrt
A.k f.r limit M. ( a . ..
prtfirt aa I anaraia f.r klavker prkwa,
HlBk at CU.
it Pmt f P.rtla.d. or.
CmrrnJ Price. Kahnx .a Butter,
ami Kvca.
8AV FRANTISOO. Frb. 1. Butter Ex.
trail. 40c: prtm, fira, S5c.
Extra, 8J",c: extra pulleta. Sic:
Cbee i'alirornla flat rancr. 26c:
youna America fancy. 2ftc
NEW TORK. Feb. 1. Butter unsettled:
creamery bisber than fitrta Si'(3iSc:
creamery eaLraa, 3tf38Hc; firata. 332
ftrm weak: freah lathered extra flrat.
41ti4e: flr.ta. a4Ur.
Oheeae ateady: receipla T7S: state whali
millc flat, t r-ah apeclala OOic; do.
average, IVSe
CHICAGO. Feb. 1. Putter, unrhanc-il.
Frfti. lower, receipt, 'ko caea: fr.h
ftrata, 3HWI7Stic; ordinary first.. S3&34
cents; miscellaneoua. 33Uc: refriarerator
SEATTLE. Feb, 1. Eiri and butter, un.
chanced.
Metal Market.
NEW TORK. Feb. 1. Copper Heady:
electrolytic apot .ad nearby, 13S914c; fu
turea, 1J t 14c
Tin easier: epot and nearby 31.87c: fu
ture.. 31. -6c.
Iron, steady, unchanged. .
Iad. steady: apot. 4 70 4 900.
Zinc quiet: East Su Ioula deliver, idol
.SAc.
nttmony. .pot. 4.4!lc.
N aval Store.
SAVANNAH. Ga. Feb. 1. Turpentin,
firm. HI Vc: aalea 63 barrels: receipts, 3.
barrels, shipments. b37 barrel,; stock, 10,
21. barrels.
Roam Firm: sales. Sr.9 casks: receipts.
601 casks: shipments, 1279 casks; stock.
ti"X7 casks. Quote: B, D. K. F. O H,
14.H1: I. Hd2Stl lO; K. 4 53fi40:
M. IJPSf?5 10; N-. I3.3oes.30; HU li-iio
S.IS; WW. J.S j
w Y.rk Suiar Market.
NEW TURK. Feb. 1. Raw sugar, cen
trifural. 3.73c; refuted, fin. granulated.
VOO3.10c
' natea Unseed Market.
PIXrTH. Feb. i. LJnseed on track and
arrl r. iaic.
- Cttoa Market.
NEW TORK. Feb. 1. Spot cotton steady.
Miauunc. ii-ios.
Adams Exd .
Adv Rum ...
do pfd ....
Ayr Chem
do pld .
Ajax Rubber..
Aiaka (lold .
Aiask Juneau.
Allied Chem..
Allis-Chal
do pf d ....
Am Beet Sug
Am Bosch ...
Am Can Co...
do pfd ....
Am Cr & Fdy
do Did ....
Am Cot OH...
do old ....
Am Ira; Synd
Am Hide at L,
do Did
Am Ice
Am Intl Corp
Am Linseed .
Am Loco ....
do pfd .
Am Saf Razor
Am ship c
Am Smelter .
do pfd ....
Am Steel Fdy
Am Suftar ...
do pfd ....
Am Sumatra.
Am T T...
Am Tobacco. .
do B ...
Am Wool ...
do pfd ....
Am M P pfd.
Am Zinc ....
Anaconda ....
Assd oil
Atchison .....
do pld ....
Atl Glf W I
Baldwin I.oco
Baldwin pfd .
Baito at Ohio.
do pfd ....
Beth Stl "B".
Booth Fish
B R T
Butte C 4 Z.
Butte & Sup.
Burns Bros. .
Caddo Oil ...
Calif Pscklns.
fet ....
do pfd ....
Canadian Pac.
Cen Leather .
Corro de Pasc
Ciiand Motor.
Chgo N W.
Chito Gt W..
do pfd ....
Chill Cop ....
Chino
C M St P
do pfd . .
Coco Cola 7..
C A O
Colo F 4 I. ..
Colo Southern
Col O A Eleo
Col Graph ...
Con Gas ....
Cons CiRar. .
do pfd ....
Contl Can . . .
Clt SVC Bkr.
Com Prod . .
do pfd ....
Cosden OH ..
C R I P. . .
do "A" pfd
do "B" pfd
Crucible
do pfd ....
Cuba Can, ..
do pfd ....
Cub Am Sua;
Del A Hudan
Home Mine, .
1'el A Lack..
I'avlson Chm.
Endicou Jn,n
Erie
do 1st pfd..
El Stor Btry.
r'am Players.
Fed M &S...
do pfd ....
FIek Tire ...
Gaaton Wma.
Gen Cis-ar,
Gen F.iec ...
Oen Motor ..
Glen Alden . .
t.en AsDhalt..
ioodrtch
Goodyear ....
Granby
Ort Nor Ore.
Grt Nor pfd.
Greene Can...
Gulf s Steel. .
Houston Oil
Hupp Motor .
ins t:ent
Inspiration ..
Int A Cor cm
do pfd ....
Interboro ....
do nfd
Inter Callaho.
Int Harv
Int Mer lar.
oo pfd .
Int Nickel ..
Int Paper ...
Invinc OU ..
.land OU i..
Jewel Tea . . .
K C Southern
do Df.i
KeUy-Spstld .
Kennecott
Keystone Tlr.
La-k Steel . . ,
Lee Tire
Lehig-b Valley
Loriliard
Low. Theater.
I. A N
.Marland OH..
JIj'n A Parry
May Stores. ..
Mex Pet
M .ami
Mid State Ofl
Mi.lvale Stenl
M K A T "Wi"
do pfd "WI"
Mont Power..
Mont Ward...
Mo Pac
do pfd
M St P A SjSX
Nor Ami....,
Nat Biscuit..
Nat Bnajnel..
Lead ....
Nevada t"Vn . .
New Havei..
Norfolk 4 W.
Nor Pac
Nova Sco Steel
V T Air Bralc
N" T Central..
Okla Prod rf
Ontario Silv.r
Ontario A W.
Otis Steel...,
Ifk; IW. .
Pac a A Elec.
Punta Aleerr.
Pacific Oil...
P.n t"ii Pt
Sales.
100
100
5(i
2.4U0
"ino
l.ooo
s.ooo
300
""560
3.200
300
Hifth.
i2
S3
56 H
15?,
80
.17
Low.
32
33
5-) 14
57 V.
43 V,
8& b
"33 "i
36S
Close.
52
10H
32 V,
500 20V4 0
DUO
1.5O0
5.H00
200
00
14 H
63
40V,
511
200 103 V,
200
1.700
2"0
2U0
1.7O0
1O0
I.80O
1.500
"506
2.1O0
4O0
100
8',
41 V,
8SV,
31
65
91 V
29S,
117V,
129
12
104
27ii
14
61
82
40 Vi
31V,
103
8H
44
SSV,
SO
64 Vi
91V
2S
117
129
80 V,
104
27 Vi
1.200 48)4 47V,
600
100
2O0
1.400
"Ho
l',9o6
10,000
4t0
2. 6O0
400
2K
1.0O0
loo
2.000
1.400
2O0
1.1W
4u0
85V,
86 V,
25
93 V,
"ii"
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'iiii
5?
27
116V,
II
69 V,
46 V,
ii3H
82 V,
34
SS
62 V,
2300
llOO
7"0
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3900
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" '300
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I60O
1000
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4100
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UK)
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17V.
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es"
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91V,
53 'vi
102'vi
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31
86
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17V,
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1
144"
78
88 Vi
12
144
67
93 Vi
etiv,
23 V.
84
'33 T4
'59 V4
"ioi,
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sev,
115
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69 Vi
48 Vi
iiiv,
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83 V,
57
62 V.
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26 V.
18
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53
loi'vi
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58
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112
5!Vi
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76"
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300 100
I'M 38 Vi
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1000
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S.OtlO
2
I2V.
29
8
2S
"ii
16
44
'it"
"S7
91
14
1S
9S
77
73
2
"20
10
"i
86
43
M
31
72
is
12
10t
38
8
SA
I!
67
12
47
13
2
96
27
16
57
I4
U
31
IO.I
llov,
2v,
29
S
24
"is
1
44
"m
S3
80
14
13
S
76
73
2
2
IO
64
So
57
44
89
34
84
37
93
143
11
19
42
5
14
62
96
40
01
103
113
8
46
88
SO
64
91.
2
11
133
12t
81
10S
26
13
48
99
83
86
23
95
10a
83
0,
60
7
11
-5
27
115
10
69
48
eo
122
32
33
5
62 ,
6
14
1 i
1
30
43
65
25
38
6.
2
80
20
60
63
101
114
34
31
S3
71
GO
pi
8
21
17
,107
22
112
511
aoii
8
12
142
78
9
38
12
a
67
144
' 8
44
6
36
10
7
SI
) 72
! Z
72
73
12
8"
38
8
33
ev
8S
H
67
12
4S
, 13
11
22
63
36
2S
16
43
37
14S14
"
110
23
SI
106
111
36
11
29
J"
24
68
12
1
44
64
S3
ISO
37
90
14
13
98
76
23
67
74
2
4
20
10
l
5
45
do "B" 800 46 43 45
Penna l.Sta) S4 S3 33
Peo Gas & 68 - 6v
Pere llarqueu 100 20 20 19
Pure Oil 0 33 33 S3
Phjilips Pete.. 20 19 20 2
Pierce Arrow. TOO lo 14 14
Pi tree OU IOO 9 9 8
Pitts Coal 59
Pitts 4 W Va. 6O0 23 23 23
do pfd 73
Pred Steel Car 63
Pullman 2.4(0 HO - IOO . 109
Ray Com SoO 14 14 14
Reading 7uo 72 71 71
Remington .. 3.8WO 32 31 32
Replogle Steel 4' HI 20 V, 2S 2s
Rep I A S DUO 51 50 60
do pfd..... .. . .. ..... 83
Rep Motors... ..... ..... T
Ryl Dutch Oil 1.500 4 8 47 47
Ry Steel Sp. 2 85 85 83
Saxon Motors. 3v0 2 2 2
Sears Roebuck 7,800 61 59 60
Shatluck, Aria 8
Shell TAT.. IOO 30 38 36
Sinclair 2.0OO in 19 19
Stand Oil Ind. 1.7O0 S3 84 85
Stand Oil N J IOO 174
Sioss Shef 39
Sou Pacific... 1.000 81 80 81
Sou Ry 300 IS 17 17
Mand Oil Cal. 900 93 93 93
StL&SF... IOO 21 21 21
Stromb Cart.. 400 37 37 37
Studebaker ... 13,300 89 87 88
Swift A Co 100
Tenn Cop&Cb, 300 10 10 10
Texas Oil 4.8O0 44 43 44
Texas Pacific. 14.4O0 28 27 28
Tex P C A O. 1.400 24 23 24
Tob Products. 7oO 62 62 62
Iran Cont Oil. SO0 9 9 9
Union Oil Del. 20O 18 18 18
I'nion Pac 1.200 127 126 128
United Alloy 28
United Drue.. 1.100 TO 68 69
United Fd Prd 5.400 5 3 5
United Fruit . 2.000 131 12S 130
Unit P.ds N J. 100 8 8 8
Union B A P 69
Un K-t Stores T.60O 63 52 53
U S Ind Alco. 6.800 44 43 44
U S Rub 3.5O0 63 53 63.
do 1st pfd.. 100 99 99 99
U S Smelting 34
U S Steel 11,700 85 84 85
do pfd 500 117 116 116
Utah Copper.. 800 62 61 62
Va Chec SoO 29 29 29
do pfd 67
Vanad Steel.. 1,000 S3 82 33
Vlvandou 6
Wabash 6
do A pfd... ." 100 19 19 19
do B pfd 12
Wells Fargo 79
Western Pac. 500 14 14 14
do pfd 100 61 61 51
Western Union 2O0 91 . 91 91
West E A M-. 300 51 51 51
West Md 8
White Motors. 100 S8 38 87
Willys-Over .. 800 5 5 3
do pfd 211
Wilson Pack.. 300 31 81 31
Wise Central 23
Woolworth ... 800 146 145 144
Worth Pump.. 400 47 47 46
W A L E 2lK 6 6 6
White OU 1.500 8 7 8
Denmark 83 1945 108
Danish Mun 8s 1945 107
Dupont 7s ...1931 103
Grand Trunk 7s .....1940 110V,
Goodrich 7s 1925 97
Goodyear Ss 1941 111
Gulf Oil 7s 1933 103
Great Northern 7s 193S 107
Hershey 7s 1930 99
Humble Oil 7s 1923 101
Int Hap Tr ref Ss 1968 64
do 7s 1921 85
Int Mar CT 6s 1941 92
Kelly Springfield 8s 1031 102
Kennecott 7s , 1930 102
Libby. alcN'eil 4 Libby 7s 11131 99
Morris A Co 73 t. ..1930 103
Mexican Pete 8s ............. .1936 99
1 v. can 13 ..........
Norway 8s
N P 4 O N Jnt) 6s.
tr 03
BONDS.
BOSTON-. Feb. 1. Closinir Quotations:
Allouez 38 iNorth Butte ... 12
Arizona Com .. 8 Old Dominion .2a
Cal 4 Ariz 58 lOsceola 34
Cal and Hecla.272 Qulncy 44
Centennial 12'Superior 2
C Ran Con Co. 43S 4 Bost Mm 11-1
E Butte J Un. 11 Shannon 1
Franklin Vtlftah Con US
Isle Ryl (cop). 24Winona ....... 40
Mohawk 56 IWolverine 11
Liberty Bond Quotations.
Liberty bond and victory bond quota
tions at New York as furnished by Over-
beck & Cooke company of Portland:
Open. High. Low. Close.
Liberty. 8a ... 95.26 S 5.70 95.20 9 3.60
do 1st t 96.40
do 2d 4s . 98 00 96.24 96.0O 96.20
do 1st 41 ... 96.34 96.76 88.34 86 70
do 2d 43 96.HO 98.46 9 6 00 9 6.42
do 3d 4Vs 97.16 97.50 97.14 97 46
do 4th 4V4s ... 98.16 96 54 96.16 96.50.
Victory. 4s ...100.24 11X1.32 1 00.22 1 00.30
do 38 IOO. 26 100.30 100.28 1OO.30
New Tork Bond List.
U.S. 2s, res; ..101 IN T C deb, 6s. P9K
U.S. 2a, cou...101 Nor Pac ,4s... 84
U.S. 4s. reg. ..104'Nor Pac. 3s... 60
U.S. Cv "43 cou"104 P T 4 T. 5s.. 94
Pan 3s. reg 82!Penn, con, 4s 94
Pan 3a, cou... 82. Sou Pac cv,5s. 98
A T 4 T cv. 6s 110 Sou Ry. 6s 89
Atch a-en. 4s.. 88 union Pac. 4s. 1 V4
D 4 R con,. 4s 73U. S. Steel, 5s. 101
Bii.
Swift C. Stocks.
Closing prices for Swift 4 Co. stocks at
Chicago were reported by the Overbeck 4
Cooke company of Portland as follows:
Swift 4 Co 100
I.ihbv. McNeil A Llbbv 5
National Leather 20
Money", Sliver, Etc.
NEW TORK. Feb. 1. Call money strong;
high,-6 per cent; low, 6 per cent; ruling
rate. 5 per cent: closing bid, 5 per cent;
offered at 6 per cent: last loan. 6 per cent.
Time loana firm; OO days, 4 tco per
cent;'90 days, 4o per cent; six months,
4 to 5 per cent.
Prime mercantile paper. 4ajo per cent.
Bar silver, foreign, 66c."
Mexican dollars, 59 c.
LONDON. Feb. 1. Bar silver. 35 d per
ounce.
Money. 2 per cent
Discount rates,: Short bills, 3 .per
cent; three-month.' bills, 3j3 9-16 per
cent.
Northwest Tel 7s
Ohio C G 7s
Ohio Power 7s ........
Pan Amer 7s ..........
Penna 6s
Rus Rubles 5s
San Pauio 83
Southwt Tel "7s
Swedish Govt 8s
Standard Oil fo Cal 7s.
Steel 4 Tube 7s
Swiss 8s ..............
Sears Roe 7s
do 7s
Sinclair 73
Swift & Co 7s
Un Tank 7s ...........
Uruguay Ext 6s .......
U S Rubber 7s
Wilson 1st Ss
West Elec 7s
Westinghouse 7s .......
Zurich bs '
...1930
...1940
.. .1938
...2(147
..,1941
. . . 1925
...11151
...1930
...1936
...1926
...1936
...1925
. . .1939
...1931
. . .1951
...1940
.'..1922
...1923
...1925
...1925
.. .1930
I!!l930
...1928
...1925
. ..1S31
...1945
106
110
107
107
IMS
10
101
95
105
4 -100
101
96
105
98
114
100
93
99
IOO
102
66
105
84
104
105
103
Foreign Bonds.
Foreign bond quotations furnished by
uveroecK 4 uooke company of Portland:
Bid. Ask
Belgian rest 5s 69 71
d prem 53 75 78
do 7s. 1945 107 107
do 8s, 1941 ...105 105
uo 03, lHO ............. 90 95 41
Brazil 8s, 1941 103 103
British 5s, 1922 87 89
CO 192 87 89
do 1928 84 86
do VKy 4s 70 72
do ref 43 66 68
ooraeaux os. itM, 82 v 83
Canadian 5s, 1937 95 9i
do 1928 97 97
do 68, 1929 88 99
do 5s. 1931 96 96
do 6s, 1927 96 97
Chinese 5s. 1951 44 45
Chilean 8s. 1941-C 101 IOI
Currency 8 10
Denmark bs. 1945 108 108
French- 4s, 1917 49 50
do 53, 1920 73 74
do 1931 63 64
do 7s. 1941 94 84
do 8s. 1945 100 100
German W L 3 4
Berlin 4s 4 4
Hamburg 4s 4 6
ao 4V23 4'4 D'.k
Leipsiz 4s 4 5
ao os o 6ft
Munich 4s 6 7
do 6s 6 VI 7
Frankfort 4s 6 6
Jap 4s. 1931 73 74
do 1st 48, 1925.... 87 87
do 21 4V4s. 1925 8 87
Norway Ss, 1940 109 109
Russian 5s, 1921 17 19
do 1926 3 b
do 83. 1919 . 17 19
Swiss 5s. 1920 97 87
ao OS. 1U4U ................ 113 114
San Paulo 8s 100 100
U K 6s, 1922 100- 100
do 1929 101 101V4
do 1937 98 88
Foreign Exchange.
Foreign exchange rates at the close of
business yesterday, furnished by North
western National bank of Portland. The
amount quoted is the equivalent of the
foreign unit in United States funds
Austria, kronen
Belgium, francs ...........
Bulgaria, leva
Czecho-Slovakla, kronen
Denmark, kroner
England, pound sterling .........
r-iniana. iinmara
France, francs ...................
Germany, marks
Greece, drachmas .............'...
Holland, guilders
Hunitary. kronen
Italy, lire :
Jugo-Slavia, kronen ..............
Norway, kroner
Portugal, escuaos ................
Roumania, lei
Serbia, dinara
Spain, pesetas
Sweden, kroner
Switzerland, francs ,
China Hongkong, local currency.
Shanghai, taeis
Japan, yen
S W Penn OH... 68 .61
S O Ind 84 85 .
8 O Kansas 650 570
S O Kentucky 460 470
SON Y 359 882
S O Ohio 383 395
do pfd ..113 115
Swan 4 Finch 30 35
Vacuum : 330 835
Washington 28 32
S O Nebraska 165 175
Imperial Oil 102 104
SAX FRANCISCO PRODUCE MARKET i-j
Prices Current on Vegetables. Fresh Fruits.
Etc., at Bay City.
SAN FRANCISCO. Feb. 1. (Stat, divi
sion of markets.) Fruit Apples, 8 and
t-tier, S1.403.50; navel oranges, $2.50
5.50; lemons, 345.75; grapefruit, .33
5; pears, box, $1.752,75; cranberries,
4. 501 5.50.
Poultry Broilers, 3638c: roosters, 20
S2c; old, 1620c; hens, 2430c; ducks.
232Sc; turkeys, live. 36 38c; dressed.
3oS4c.
Vegetables Artichokes,, large crate, $14
20c; beans, nominal; carrots, sack, 80c
$1; celery, crate, 33.50014; cucumbers,
dozen, S2.00oj2.50; eggplant, pound, 60
10c; lettuce, small, crate, -$2&4; mush
rooms, nominal; olives, pound, 59c;
onions, brown, cwt., $66.54; white globe,
S7.5O08; peas, pound, 1015c; bell: pep
pers, pound, 15(20c; potatoes, S1.9O0J
3.25; pumpkins, sack. 75c$l; rhubarb,
box, S33.25; summer squash, small ciute,
,33.50; Hubbard, sack, Sl1.50; Bprcuts,
pound, 14gj)15c; spinach, pound 2oc;
tomatoes, crate, 75c $ 2.
Coffee Future. Market Quiet.
NEW, YORK, Feb. L Reports of stead
ier tBrazilian markets failed to stimulate
buying in coffee futures here today, but
offerings were very light and prices were
well maintained. The market closed net
points lower to 3 points higher. Sales were
estimated at about 7000 bags. March,
8.47c; May. 8.42c; July, 8.34c; September,
8.32k:,- October. 8.31c; December. 8.28c.
Spot coffee, quiet; Rio 7s, 8c to 9c;
Santos , llftc to l2c
Dried Fruit at New Tork.
NfflJW YORK, Feb. L Etfaporated apples,
quiet. Prune, irregular. Peaches, firm.
Seaside Construction Active.
SEASIDE. Feb. 1. (SpeciaL) The
outlook for Seaside for 1922 is bright
er than it has been at any time in the
past. People who own concessions
along Broadway are already making
preparations to open their places of
business as indications show that
there will .be an early season. The
year of 1921 showed ah increase in
Duuainfr aoume tne amount . ot any.
previous year. There were 138
building permits, with contracts let
for. civic improvements amounting to
$200,000. The Pacific Light & Power
company is making arrangements to
extend its service to all parts of the
city and water mains are being laid
to accommodate the new building in
the outlying districts.
Business Property Is Sold.
COTTAGE GROVE, Or.. Feb. 1.
C. J. Kem has bought the Joslah
Porter brick block and hotel annex,
at the corner of Main and Sixth
streets. In which the Oregon hotel is
located. The hotel lease runs for an
other year, so Mr. Kem has made no
plans as to what he will do with the
property, but it is understood that he
contemplates tearing down the brick
portion of the building one of Cot
tage Grove's landmarks, and putting
in its place a modern business block
into which he will move his drug
store. It is understood that the con-
t We own and offer:
R Dated June 1, 1921
$24,000
Republic of France
Twenty-year External Gold Bonds.
Due June 1, 1941
Principal and semi-annual interest June and
December 1st, payable in United States Gold Coin
in New York City.
NON-CALLABLE
These bonds are a direct general obligation of
the entire Repubjic of France.
The French Government covenants to pay as a
sinking fund $9,000,000 cash per annum to pur
chase bonds in the 'market which will have a
marked effect in maintaining a continuing and
substantial market for these bonds.
PRICE TO YIELD ABOUT 8
BOND DEPARTMENT OPEN 8:30 TO 5zOO
Saturdays 8:30 to 2:00
lADD & TILTON e
BANK f
jgrHB. Oldest in the Northwest '
gair Washington . -IjSsinst hp
MIS. at THIRD XpT .
f7MVim-i'T'tiTi'rmTii?Tyi?T?rTTTTrr;Tin-i'T';nra
A
New Tork Bonds.
New York bond quotations furnished by
Herrin A Rhodes, Inc.. of Portland:
Am Tel A Tel 6s... 1022 100i
do 6s 1M24 1 00
Am Tob 7s ll22 101
do 7s 1H23 102
Anaconda 7s B 192 101
Aneconda 6s A l2t) 8
Armour cv 7s 1930 101 is
Argentine Q I 5s 145 7
Am Ag Chm 7s 1H41 100"4
Beth Steel 7s 1U22 10O4
do Steel 7a 1H23 loo
do Kq 7s 1935 101
Belgium Ext 7V4s 1945 106)
do 6s 1925 96
do 6s 1940 105H
Bergen 8s. City of 1945 105
Berne 8s. City of 1945 108
Brazil 8s 1941 103
Canadian Ss 1926, 97
do 5s 1931 96
do 5s 1937
Can Nat Cq 79 1835 105
Chicago N W 7s 1930 105
C M St P gn A rf 4s A. ...2014 54",
Can Nor 7s 1940 110
Chile 8s 1941 101
Christiana 8s. City of 1945 107
Copper Exp 8s 1922 100
do 8s 1923 102
do Ss 1924 102
do Ss 1925 103
Cuban Amer Sugar 8s 1..1931. 103
Con Gas cv 7s 1925 103
f a Match 7s 1935 log
.0471
.0038
.1595
.0836
.0080
.0150
.1530
.2546
.1950
.S550
.7700
.4850
NEW YORK. Feb. 1. Foreign exchange
firm; Great Britain, demand S4.28, cables
S4.29; France demand 8.36, cables 8.36;
Italy, demand 4.70. cables 4.70; Belgium,
demand 7.95, cables 7.96; Germany, de
mand .49. cables .49; Holland, demand
37.02. cables 37.09: Norway, demand IS. -88;
Sweden, demand 25.45; Denmark, demand
20.15; Switzerland, demand 19.50; Spain,
demand 15.20; Greece, demand 4.43; Po
land, demand .03; Czecho-Slovakia, de
mand 1.96; Argentine, demand 35.87; Bra
zil, demand 12.75; Montreal, 95.
Standard Oil Stocks.
Standard OU stocks at New York, fur
nished by Overbeck A Cooke company of
Portland:
. . .0007
.VKU4
.0082
.0198
.2023
4.3000
.0708
.0841
.0055
.0450
oo"o sideration was $10,000.
Phone your want ads to The Ore
gonian. Main 7070. Automatic 660-95.
i
WE OWN AND OFFER
$100,000.00
VERMONT CENTRAL RY. CO.
Dated Mayl, 1920
Due May 1, 1930
If
l
FOUNDED
JLAND
NEW ENGLAND
OIL REFINING
COMPANY
FIRST
MORTGAGE
8 BONDS
This company during; the
year 1921. earned 15 times
the interest charges on the
above bonds. The assets of
the company amount to
$3000 for each $1000 bond
outstanding;.
Price 100 to
Yield 8
E.H.ROLLINS &SOXS
hnxrtmmt 'Bonds
411 LEWIS BUILDING
PORTLAND
vs.
OSTOIV - NEW YORK CHICAGO
SAN FKAKC1SCO LOS ANGELES
JOHN PURSE & CO.
CONJri.TINO PUBLIC
ACCOUNTANTS AND AUDITORS
all ARTISANS BCILDLNG.
Broadway 2858.
Balaam RhMa laeana Tax.
Financial Examtnarioiu.
PUTS AND CALLS
(Guaranteed)
The safest way to trade.
Saw an ad in the Saturday Post no so
lar.r aifo. Lt. said. JOHN DECKER
PIT UOWN $10 AND DREW OUT
$100. We don't know Decker, but
had lie purchased a Call on Standard
Oil N. JS or Mex. Pet. or some of th
other live stocks he would have bad
more than a 100 profit.
Puts ft Calls limit the risk and roar
profits are unlimited. Xo Margin
Calls, no Interest charges, and no com
mission unless closed at a profit.
Write for booklet. "How to trad In
1'ut- & Calls."
Prompt attention to ntall orders.
WATSON & COMPANY
Investment Semrttles,
SS5 Stock EirbssSF Kid-..
Los Ancelea, Calif.
An?lo
Borne Scrysmer
Buckeye
Cheesebrouffh . .......
do pfd
Continental
Crescent
Cumberland. ..........
Eureka
Galena com
Galena Old pfd
Galena New pfd
Illinois Pipe
Indiana Pipe
National Transit .....
N Y Transit
Northern Pipe
Ohio Oil 264
International Pete 14
Penn Mel 18
Prairie Oil 52S
Prairie Pipe 23T
Solar Rets 370
Southern Pipe. 86
South Penn Oil 185'
Bid. Asked.
.. 175a 1744
. .33
.. 02
. .180
..107
..128
. . 32
. .150
.. 86
. . 40
..103
..100
..167
. . 89
..28
. .144
...95
I K J
sui.iijii)jiII".i IIJI. 11 J' u n i ii mw. .iih Hill ..J ij
31 : '
191 , .sjV5S s
no SC i f 14i Iv- , ,."-
8S ft -- iii'iin'ir a si' i-ni-J
190 '
Principal and semi-annual .interest (May 1st and Nov.'
1st) payable at the New York Trust Company, New
York, N. Y., or at our offices.
Callable at any interest date on 60 days
at 101 and interest.
Guaranteed principal and interest by the Grand Trunk
Railway Co. by endorsement. A first lien on 248.6 miles
of road and 121 miles of leaseholds.
Normal income tax of 2 paid at source.
PRICE 84.82 TO YIELD
A. F. BERNSTEIN & CO.
536 Northwestern Bank Blog.
Main 2672 Portland
Complete Derails on Request
Phone or Wire Orders Collect
If WUUIIHJHJI
7
We have obtained an additional allotment of
Dutch East Indies
25-year 6 Bonds
Non-callable daring first ten years
From 1915 to 1920 the Dutch East Indies had a larger
favorable trade balance than any other country except
the United States.
Price 94V2 and interest to yield 6.45 to 6.75
We still have a few copies of our new
booklet explaining very plainly the oper
ation of the new Income Tax 'Law.
Write, phone or call for your copy.
Loan Oversubscribed
The books for the Department
of the. Seine 20-year 7s at 90
to yield 7.95 to 8.75 have
been closed. We have available
a small amount of our participa
tion which, subject to prior sale,
we offer at the original sub
scription price. Wire orders "collect."
Freeman, Smith a
Camp Co.
LUMBERMENS BLDO.. PORTLAND
L pevereaux 5i(5mpany
INVESTMENT BONDS
8T SIXTH STREET PORTLAND. OREGON BROADWAY 1043
GROUND FLOOR WELLS-FARGO BUILDING
FIFTH yMfiW fltl&vv PH0NI
AND 3siyk 1! B'WAY
' ITARK SMk" 8740
Phc
Main 4195
Before selling your bonds -
ask for our bid it will pay you.
Before investing money
ask for "The Choicest List" of
bonds, selected for every need.
G. E. MILLER & COMPANY
PORTIAVD
SEATTI.M
Kortbweatera Bank Huildlnv
SKfOVD FLOOR PORTLAND, OR,
MA1X 4185
Northwestern Municipal Bonds
WE OWN AND OFFER:
"Arlington (Oregon) Funding. . . 7
North Bend (Ore.) Fire Equip't 6
Union (Ore.) City of, Gen. Oblg. 6
Ephrata (Wash.) Water 6
Grangeville (Idaho) Gen. Oblg.. 6
Kate Maturity
1941
1931 -1927-41
1927-35
1931-41
Tleld
6.50'
5.85
5.85-5.90'
6.00
6.00
EXEMPT FROM FEDERAL INCOME TAX
Western Bond and Mortgage Co.
80 Pourto Street Portland. Oresoa
Ground Floor Board of Trade Bids;. Telephone Broadway S464
Telephone or Telegraph Ordero Collect
baestmad Opportunities
and
Oar Twenty Payment Plan
fha iMjHiis tail of il !
sot stacks, vaios. mu k. ynmhsssd a
smsH samSBts axt4toc a snod W
twt.atr noaxoa. This plaa wis oncraatsd
srussaim. Tm saa so sstafraa.
Writ far X7-,. J
tO Eaehango Placo. Now Tork
HERRIN & RHODES, Inc.
EstabTf sited ISM
STOCKS, BONDS,
COTTON, GRAIN
ConwpndRtt E. F HTJTTON A COw WLTL
Members all kt&dinc exchanges
XSa baton rrtce ii FU.
BtfwT. 4723. itOi Kailway h.Trhany Bid
We BuyP.RL.&P.
8 Gold Notes
U. S. D. & Trust Co.
284 Oak St.