THE MORNING OREGONIAX, TUESDAY, NOVEMBER 21. 1922
23
Eli EXCHANGE
UTS BUOYANT
ticks and Bonds Sluggish
ut Hold Their Own.
r
0MMODITIES ARE DULL
ton and 'Wheat Move to Jjower
,'ibevels and Turnover Smallest
in Weeks of Trading.
(By Chicago Tribune Leased Wire.)
NEW tOKK. Nov. 20. Uniformity of
ind was jacking in totlay'a marlcet.
illo there "was a buoyant upturn in
foreign exchanges, and a moderate
vance In the stocic market, the com-
dity markets were suffering a price
esHion, both wheat and cotton mov
; to lower levels.
fhe action of the bond market was
of outstanding character. Both as
volume and price changes, it was a
U affair, the- turnover being the smatl-
of any day in several weeks. In the
o of foreign exchange and stocks,
well as the grains and cotton, price
Itvements were largely a reflection of
unrestricted speculation of some
vs ago.
The outstanding development was the
'j In the' foreign exchanges, in which
or the major rates participated.
rling, for instance, moved up to
4'JSi. and lMpt nnlv sjlirhtiv under
J figure, with the net rise for the
' amounting to lc. The rate was the,
- which has been quoted, for excharge
h a high for the year of
Tench francs made a further recovery
nearly cent, to a high pries of
-1, which compares with a low of
7 November b and exchange on
me climbed to 4.77, or the highest
ttation that has ruled since June 22.
Ilielgian francs gained nearly cent
fl.'JOVi and exchange on Amsterdam
nt to a new high level for the year,
en the rate on Berlin showed a slight
vance even though there was a heavy
rease in note circulation last week.
To a large extent the upturn in all
leading rates was a definite .product
covering by speculators for the de
e, who apparently, in the -pressure
nich was exerted against the exchanges
'.entiy, gave voice to their belief that
was not well with Europe. Such
pectatlons were wholly unwarranted
d recent developments 4 brought about
lecided change of front.
o far as the stock market is . con-
rned, the advance in prices was gen
U, but not of large proportions, except
a few isolated cases. It was just the
oe of market which might have been
pected to succeed the selling of last
ek. While there was liquidation a
-ek ago, there was as well a goody
roentage of selling by speculators for
le decline and after any sharp dip in
ices there is the inevitable covering
'taich lifts quotations.
.
Tt was natural that the cotton market
ould be unsettled in anticipation of
e ginning figures which will be an
'unced tomorrow, since those figures
'ay have a very definite bfaring-on the
tual size of the crop. Furthermore,
Le market is endeavoring to readjust
eif after the reaction that has taken
ace and as yet, apparently, profit tak-
g has not entirety run its course.
... -
Rumors continue to fly thick and fast
the financial district regarding the.
ture of the producers' and refiners'
rporation. It is known that severa'
mpanies have been carrying on nego-
Htions to take over the concern, but
.ttether or not anything will become of
ese overtures remains to be seen. Ac
rding to an official of one company
hich recently has taken an interest in
te proposition, the owners of producers'
iVd refiners' are quoting too high a price
T control.
'
The old report that General Motors of
cials again were contemplating chang--g
the common capita stock into shares
$100 par value again were revived in
te financial district, it being stated that
le directors may take action in the very
'ear future. According to reports, the
Itrcctors had this in mind when they
ecl-ared a dividend of 50 cents a share
Ul the common stock and announced
sct despite the prosperity of the corn-
Zany, the stock would not be placed
lime.
The National Transit company, a
tandard Oil pipeline company, is ex
acted to be the next company of this
roup to declare a large extra cash di
idend, following the action taken by
Ipur of the other prominent pipeline com-
ames last week. Reports to this effect
t-ere circulated in the financial district
oday and. the stock advanced 2 points
in the strength of these reports. Trad-
ig in the shares was more,active than
r many months past.
New York Bonds.
Furnished by Overbeck & Cooke com-
any ol i'ortland:
Railroad bonds- Bid.
Ktch Gen 4s liifir, 8Nli
1U1 C Line 4s 31tri2 X.i
' & O Gold 4s 1!)4S SI
do Refg ,1s 1SID5 81
'an Pae Deb 4a "0
an Nor 7s JIM0 10
' &-. O Cvt 4s ... 11130 XTi
' B & Q Refg 5s 1971
ihgo Gt West 4s .... lli.M) 50
' M & St P Cvt 4 Vis. 19.12 K7
do Cvt 5s 2014 72
'HUP Ref 4s ... 1034 82
'el & Hud 5'is 1
rle Gen 4s 1
Nor oV,s 1
Hud & Han Ref 5s. . . 1
lock valley 4tgs ... . . 1
u cent Kef 4s 1
C C H S & M 4s 1
C So 3s 1
& N Unit 4s 1
f K & T 1st 4s 1
hlo Pac Gen 4s 3
K Y Cent Cvt 6s 1
T N H & H Cvt 6s. J
fk & W Consol 4s. .. 1
'or Pac Ref 6s L
S L 5s 1
re Washn Ref 4s 1
.enn R R Gen 5s 3
Ifearla & E Inc 4s 3
f'ere Marq 44s 3
' ao tst os l
' C C 4 SI L Gen 3s. 3
leading Gen 4s 3
Uo Grande W 4s 3
1 I Ark La -Mis i
i t L & S F AdJ Ba ... 3
' do Tnc fi.q 1
Hi L & S W Con 4s .. 3
A L Consol 6s 1
0 Pac Ref 4s 3
H Ry 614s '.
ISrex & Pac 3st 5s . . .
n rac 1st 4s ,
.Vabash 1st os
West Md 4s
f'.Vest Pac 5s
Vv & L 15 4s
I" Street railways
til R T 5s
'hgo City Ry 5s ...
' ngo ty 1st os
')et Un 4Vfcs
R T 5s
.Market St Ry 5s ....
lont'l Tra 5s
N" Y Rys 4s
1' Svce N J os . . . .
t'hird Ave Ref 4s
n Ry Jnv os
1 R T 7s
laJll.t.tnl I .1
ikm Smelter 5s
Vm Tel & Tel 5s
tlarnsdall 8s ser A . .
ieth Steel 6s ,,
-'uba Cane 8s
-'umb Tel os i
et Edison 6s
S-UMUllL
FQnuesne Light Bs...
Imp G & F 7Hs...'.
isk Rubber 8s
fclen Elec deb os . . . .
iooayear Ms
lumble Oil 5s ....
,velly-Spring 8s .....
venn Cop 7s
nt'l Paper os
)'Kcx Bteei os
ff.iggett & M 7.1
.aclede Gas OS
lero Marine 6s .....
lex Pet 8s.
lidvale Steel
Nat Tube 5s
M Y Edison 6Hs
V 1 ref 6s
or States Pow 5s...
- W Bell Tel 7s
, )tis Steel 8s
Fac Gas & B 5s
Pac Tel 5s
Phila Co 6s
friharon Steel 8s
Sinclair Oil 7s
So Caiif 7s
Union B & p 6s
3S58
200(1
1347
19S9
3952
3D46
1949
1945
1927
3927
1 932
1968
1924
3 941
1942
1959
. 3950
1926
3047
1946
1931
194S
1930
3 937
1940
3931
1H49
1937
1952
1931
1932
1931
1930
1947
1950
1944
1934
1941
1936
3936
3952
3941
1941
3941
3941
1941
3 942
1952
1944
1941
3937
1931
1942
100
46
100 b
82
S3
85
7S
69
90
81
62 'A
104 Yz
75
88
107 Vi
102Vi
80
ooyi
28
86 .
96
1)8
83 14
66
80
76
61
7614
63
S5&
80
10114
95
92 Si
97 .
64
77
77
85
74
891s
88
30
84
62
85
'88
92 i
96
8
54
87
92
10114
107
10214
93 li
104
loo
8714
714
10614
103
86
90
135
90
8814
108
8814
99
109
10414
91
10714
"814
91 li
91
9914
99
100 14
105 V4
0714
Asked.
89
S7
81
85
7914
111
87
99
51
6714
73
82 '4
101
47
101
S3
85
85
79
70
9014
82
63
105
78
89
108
102
81
100
29
89
97
100
84
7
81
77
2
64
86
81
101
99
93
98
65
84
70
57 .
78 '
78
86
7415
90
90
34
85
63
86
1)0
92
96
'99
88
93
102
10714
'fli'"
104
101
98
98
107
104
87
1
89
106
88
101
10914
104
92
107
9914
. 91-4
9H4
99
9914
10014
106
98
IT S Rubber 5s 1947
V S Steel 5s 1063
Utah Idaho Sug 7s... 3930
Vn Oil Cat 6s 1942
Va Car Chem 7s 1947 '
W U Tel 614s 1936
Wibion & Co 1st 6.'. 1841
Foreign Bonds
Russian 514s 1921
do 1926
do 614s ........... 3l!l .
French Os 1931 -
do 4s 1917
do 5s 1920
British 5s 1927
do i29
do Vict 4s
do ref 4s
Belgium Restor 5s ...
do Premium
German W L 0s
1 erlin 4s ....
Hamburg 4s
do414s ....
Liepzig 414s ....
do os
Munich 5s .......... ....
do
Frankfort 4s
Jap 4s
do 1st 414s
do 2d 414s
Italian 5s 1918
United Kingdom 1929
do 3.937-
Argentine 5s ........ 1909
Belgium 714 s 1945
Brazil 78 1952
Bordeaux 6s 1934
Brazil 8s 1941
Canada 5s 1952
Chile 8s 1941
do 1926
do 1946
Ciecho 8s 1951
Bolivia 8a 3947
Benmark 8s 1945
French 7s 3941
do 8s I '. . 1945
Norwav 8s 1940
Queensland 6s 3947
Rio Janeiro 8s 3946
do 3947
Seine Dept 7s' 1042
Swedish 6s .... 1939
Swiss 8s 1940
V K Gt B & I 514s. . 1937
8714
1021
94 .
10114
9514
109
99
10
31
53
44
61
94
94
79
77 li
64
57
13
38
15
15
3 5
20
10
20
18
7914
9214
92 li
39
110
10214
82
101
86
78
98
98
102 li
101 "4
10214
90
93
108
94
9814
10914
10014
IIS
96
85 H
103
116
10214
87
102
101 '.
95
HO
100
!: LIBERTY BONDS ADVANCE
12
5414
46
4
96
96
81
79 14
56
62
23
30
30
80
9S
92
40
HOH
102
84
lolli
89
7814
98
99
103
10114
103
91
94
108 '4
94 14
98
11C
101
97
97
S5
104
117
102
I FOREIGN SECURITIES
SELL HIGHER.
ALSO
New York Curb Bonds.
Furnished by Jordan, Wentworth
Co. of Portland:
A T & T 6s
Anaconda C M 7s
Anton Jurgens 6s
Armour I'v notes
Beth Steel equip 7s ....
Brooklyn U G 7s .-.
Can X R 7s
Civ UTer 514 s
Copper Ex H'c notes . . .
Gd Trunk 6 14 s
Laclede G L 7s
Sears Roe 7s
S W B T 7s 1925
S O of X Y deb 6I43 .... 3933
S O - ser note 3931
Swift & Co. 7s 1931
1924
1929
1947
1930
1935
1932
3935
1972
1925
1936
1929
1923
&
100
102
74
104
102
103
109
10214
3 0314
10414
101
101
102
10614
109
1U2
Mining Stocks at Boston.
Furnished by' the Overbeck &
company of Portland: Bid.
Ariz Comm 7
Adventure 50
Ahmeek 56
Algomah 10
Allouez 20
Arcadian h 214
Bingham Mines 18
Cal & At
Calumet & Hecla.
New Corn .......
Centennial
Davis Daly
East Butte
Franklin Mng . . .
Hancock
Helvetia
Island Creek
Keweenaw
Kerr Lake
La Salle
Mohawk
Slay-Old Colony .
Mason Valley
North Ba
mpissing
69
1614
. . . . 9
.... 3
.... 7
. . . . 1 '4
. . . . 2
75
101
.... 114
3
1
5614
3
.... 2
9
514
North Lake . 20
Old Dom Cop
usceola Mng . .
Ojibway
Quincy Mining
Pond Creek . . .
Isle Royal
Supp Boston . .
bai Shoe Mch
do pm
South Utah ...
Superior Cop ..
Trinity Cop . . .
Tuolumne ....
Utah Cons
Utah Apex ...
Victoria
Winona
Wolverine ....
Wyandot
17
2714
1V4
3 8
19
1
41V4
2514
3
3
iii
35
5
1
Oil
7
Cooke
Ask.
7
80
57
25
2014
2
3S14
53
70'
164
9V4
S14
S
114
2
90
102
3
314
1
5 6 '4
3
214
914
40
3 8
.
1
34
3 8
1914
1 T4
41
26
30
4
1
45
214
3
114
91
8
35
t'pTTON MARKET l .NUER PRESSCRE
Futures Close .Sharply Lower in New
York Market.
(By Chicago Tribune Leased. Wire.)
NEW YORK, Nov. 20. Pressure in
creased in today's cotton market as
Liverpcol turned weak. and losses of
nearly c a pound resulted from a fair
ly steady decline. Prices were fnrcpil
40 to 52 potnts lower in the mornina-.
w hen most of the support came from
profit taking professional shorts, who
were the chief buyers on the break. The
list rallied slightly before mid-day, but
activity was repressed. After meeting
added pressure fron a number of
sources and reacting to a level of 50 to
72 points under Saturday, the market
improved somewhat in the early after
noon and toward the end of the fourth
hour was off only about 30 points. Late
in the day, however, the list pointed
downward again .under renewed selling
by local operators and. the withdrawing
of buyiing for trade account. Final
prices were around the. lowest.
Spot was quiet, 85 points decline,
25.0a for middling upland.
Southern markets: Galveston 25c, 55
points decline; New Orleans 25c, 25
points decline; Savannah 24.62c, 63
points decline; Memphis 23 50c 25
points decline; Houston 24.80c, 70 points
decline; , Little Rock 25.25c 25 points
decline.
The range of cotton futures
York, as furnished by Overbeck
company of Portland:
.Month
January . . .
March
May.
July
October. . .' ,
December. .
New
Cook
Open. High. Low. Close
25.20 25.29 24.85 24.89
25.20 25.25 24.85 24.90
25.05 25.08 24.74 24.77
24.70 24.78 24.46 24.46
23.25 23.32 23.05 23.05
25.35 25.40 24.88 24.95
QUOTATIONS ON DAIRY PRODUCTS
Coast and Eastern Markets for Butter,
Cheese and Eggs.
SAN FRANCISCO, Nov. 20. (United
States Bureau of Agricultural Econom
ics.) Butter Extras, 49c; prime firsts,
48c; firsts, 4614 c
Eggs Extras, 62c: extra pullets, 48c;
undersized!, pullets, 4114c-
Chetse California, flat fancy, 23c;
firsts, nominal; California Young Amer
ica, fancy, 27c.
NEW YORK, Nov. 20. Butter Firm.
Creamery, higher than extras. 51 51 14c;
extras, 5014 c; firsts, 3914 49 14 c; pack
ing stock, current sale, No, 2, 33c.
Eggs Firm. Pacific coast white, ex
tras, 75SOc; do. firsts to extra firsts,
65(a73c; refrigerator firsts, 2830c.
Cheese Firm.. State whole miik flats,
fresh specials, 2614 (ft 27c; do. average run,
26c; state whole-milk twins, specials,
261427c; do. average run, 25!4(p26c
CHICAGO, Nov. 20. Butter, higher.
Creamery extras, 50c; firsts, 3S 14 4214;
-jiextrA nrsts, 46 ij 4!c ; seconds, 3614
i'17!4; standards, 47c.
Eggs Unchanged. Receipts, 4156
cases; firsts, uOa.rt:; ordinary firsts,
40iJx4oc; miscellaneous, 4,50c; refrig
erator extras, 28c; refrigerator firsts
25 14 26c.
Poultry Alive, unsettled; fowls, 13
20c; springs, 18c; roosters, 12c; turkeys,
35c ; geese, 19c.
j
SEATTLE. Nov. 20. Butter City
creamery, cubes, 4Sc; bricks and prints.
49c.
Eggs Fresh ranch,
04c; pullets, 45c.
58c; mixed colors,
Chicago Horse Market.
(By Chicago Tribune Leased Wire.)
CHICAGO, Nov. 20. Best heavy draft
ers. $1 o'jtt-:dU; lair to good drafters.
$150175; poor to fair drafters, $75150;
good to choice wagon horses, $So125;
plain wagon horses, ?50100: good to
choice farm chunks, ?50125; poor . to
good farm chunks, $2575; blemished
chunks, $20 50.
Cottonseed OH.
Cottonseed oil futures at New York,
furnsihed by Jordan, Wentworht & Co. :
November, $9.409.50; December, $9.40
9.41; January, S9.51 9.53 ; February,
$9.60.70; March, ?9.759.76; , April,
J9.S59.88; June, 9.908.92. Spot, J9.40
9.75. Total sales, 31,800.
Raijs, Industrials and Public
Utility Issues Irregular in
Xew York Market.
NEW YORK, Nov. 20. Strength of
most of the foreign securities in response
to the substantial Improvement in" for
eign exchange, marked Irregularity of
domestic corporate mortgages and firm
ness of United States government bonds
stood out in today's relatively quiot deal
ings in bonds on the New Yor stock
exchange.
Mexican 4s and 5s, each up 2 points,
led the advance in the foreign list, otheT
strong liens in which were Brazilian 7s,
714s and 8s, Mexican large 5s, Italian 6s,
state of .Sao Paulo Sa, Zurich 8s and
United Kingdom 514s of 1929, all up
about a point. Bordeaux '8s dropped 1
points, but recovered most of their loss
before the close, and Prague 714s and
Paris-Lyons-Mediterranean 6s dropped
1 and 1 points, respectively. On the
curb, Jugo-Slavian 8a slumped from 7214
to 68 on reports of a withdrawal of
syndicate support.
Erie & Jersey 8s provided the. sensa
tion of the railroad list, jumping 5
points. ErieT?tor lien 4s and convert
ible 4s, series B; Cleveland, Cincinnati,
Chicago & St. Louis 6s, series A; Central
of Georgia 6s, Atlantic Coast Line 7s and
Northern Pacific 3s moved up 1 to 114
points.
Atchison convertible 4s of 3960 and
Seaboard Air Line refunding 5s each
dropped 2 points and carried with them
to lower ground Seaboard consolidated
6s, Chicago & Northwestern 6s of 1967,
Baltimore & Ohio gold 4s and Chesa
peake & Ohio convertible 5s.
- The same irregularity was noted in the
industrial an-1 public utility division.
Peoples Gas 5s, Utah Power 5s, Montana
Power 5s, Atlantic Fruit 7s, United Drug
8s and Wilson convertible 6s closing at
advances of 3 to 2 points, while losses
of that amount were registered by
Brooklyn Rapid Transit gold os, Ameri
can Teiephone 4s of 3936, Brooklyn Union
Gas 7s and Interborough 414s stamped.
United States government bonds
showed gains of 2c to 8c on $100.
Total sales (par value) were 111,906,000.
The Western States Gas & Electric
company has called for redemption on
January 3. 3923, the entire- outstanding
issue of ilie company's 10-year 6 per
cent gold notes, due February 3, 3927.
The largest offering today was an issue
of J 1 ,5)pf000 Central Ulinois Joint Stock
Land bknk 5 per cent bonds at prices
yielding 4.60 per cent to optional matu
rity and 5 per cent thereafter.
CLOSING STOCK QUOTATIONS.
Furnished by Overbeck & Cooke com
pany of Portland: -.
Stock Sales.
Adams Express. . 300
Austin Nichols.. 1.400
AgrChem 300
Ajax Rubber ... . 500
Alaska Gold
Alaska Juneau.
Allied Chem .
Allis-Chalmers
clopfd
Am Bt Sugar .
Am Bosch
Am Can Co
do pfd
Am Car & Fdy. . .
do pfd . .
Am Cot Oil
do pfd .......
Am Drug Synd . .
Am Hide & J eath
do pfd .......
Am Ice
Am Intl Corp . . .
Am Linseed
do pfd
Am Loco .......
do pf d
Am Saf Razor
Am Ship & Com..
Am Smelter
po pfd . :
Am Snuff
Am Steel Fdy . ..
Am Sugar
do pfd . . :
Am Sumatra . . .
Am Tel & Tel
Am Tobacco . . ..
Am Tob "B" . . ..
Am Wool
do pfd :
Am W P pfd . . .
Am Zinc
Anaconda ......
Assd Oil
Atchison
do pfd
Atl Coast Line . .
Atl G & W I ....
Baldwin Loco
do pfd . . .
B & O
do pfd . . .
Barns Corp
do "B" .
Beth Steel
Booth Fish
B R T
Butte C&Z ..
Butte & Sup . .
Burns Bros "A"
do "B" ,
Caddo Oil
Cal Packing . .
Cal Pet
do pfd
Cal Z & Lead .
Can Pac
Cen Leather . .
Cerro de Pasco
Chandler Motor
C & N W
Chgo Gt W
do pfd
Chili Cop
Chino
C 11 St p
do pfd
Coca Cola
C & O
Colo F & I
Colo Southern
Orpheom '. .
Ont & VT .
Otis Steel
Pac Dev . .
20t
200
Pac Oil 500
Pan Am Pet ... 2,900
do B . .-.,400
Penna 1,500
Penna Sea Steel. 1,1 IK)
Peo Gas 3,200
Pere Marq 1,700
Phila Co 600
Phillips Pete ... 1,800
Pierce Arrow ... 400
Pierce Oil 1,500
Pitts Coal . . 800
P & W Va. .- 1,000
Pr Steel Car ... 400
Pullman
Pure Oil ,
Ray Cons
Reading ,
Replogle Steel..
3,200
1.100
High.
77
. 31
31
12
3.100
1.000
100..
100
72
42
95
37
.12,500 72
100 110
. 00 180
i'ooiiii
400 1114
1,5100 2814
400- 31
900
500
3,200
1.700
2.100
5414
43
7014
Low. Bid.
75 77
28 31
31 14 31
12 ) 12
....... Hi
73 14 72
41 41
95 94
37 37
334
7114 71
110 30914
179 180
..... 122
19 19
. 39
5TI
11 H14
68 .
105
28 28
3114 , 31
- 50 4
12214 122
121
7 7
21 20
53 53
100
139
42 43
69 69
106
29 29 4
123 122
150 150
149
400 29 y.
1.300 123
1,000 151
-1,300 94 94 9414
108
28
1614
48
113
00 101 10014 100
92
113 113
24 24
124 124
600 48 4714
300 114
. 200
.15,400
-24
125
"A"
"B" .
2,000
ni'.iob
'. L200
. 700
600
30
66
'wii
7
31
45
'2914
3,600 136
300
500
1.100
8114'
49
30
135
44
'si"
48
7
117
45
59
30
39
66
6
13
7
30
136
41
7
8014
48
90
7
900 14214 141 141
400
300
5.900
. . 500
.. 5,300
.. 1,800
. . 900
. . 700
. .13,900
.. 1,600
35
39
61
31
27
24
20
40
77
69
14
38
9
10
26
23
25
39
7414
68
100 44 44
35
38
61
83
4
11.
27
24
25
414
77
68
26
44
Col Gas & Elec. 1,600 10514 104 104
Graph 200
..26,100 122
.. -500 35
.' 2,40'li 'ii
102
..13.300 133
4.200
1,700
100
500
8,300
200
7,000
1,700
8.000
400
8.800
Astoria Man After Fish Job.
Columbia
t on Gas
Cons Cigars
do pfd
Cons Textile
Contl Can .
Corn Prod .
do pfd . . .
Cosden Oil
C R I & P
do A pfd ...
do B Dfd ...
Crucible ......
do pfd ......
Cuba Cane ....
do pfd
Cub Am Sugar.
Davison Chem .
Del & Hudson .
Del & Lack . . .
Dome Mines ..
Ec Stor Bat .
Endicott Johnsn 3,000
Erie 1,900
do 1st pfd 600
Famous .Players. 2,300
led Mng & Sm
do pfd
Fisk Tire
Gen Cigars
Gen Elec
Gen Motor
do '
Gen Asphalt ...
Giidden Paint , .
Goodrich T & R.
Glen Alden
Granby ...
Great Nor Ore..
do pfd
Greene Cananea.
Gulf S Steel
Houston Oil ....
Hupp Motor ....
Ills Cent
Inspiration
Int Agr Crp cm
do pfd
Interboro
do pfd
Int Hary
Int Mrc Marine.
do pfd
Int Nickel
Int Paper ......
Int Comb Eng..
Invincible Oil ..
Island Oil ... . ..
Jewel Tea
K C Southern..
do pfd
Kavser J
Keliy-Spgfld ...
Kennecott
Keystone Tire . .
Lack Steel
Lee Tire
Lehigh ValKy ..
Lcrillard
Loew Theaters..
L & N .
Lima Loco
Marland Oil ....
Max Mot A
do B
May Stores
Mex Pet
Mex Seaboard .
Miami .
Mid States Oil..
Midrale Steel ..
M K & T wi. , .
120 321
34 83
79
11 31
99 "100
131 131
20 20 ' 1914
21 21 21-
.9 9 9
1. 114 1
83 S2 S3
46 45 46 ,
86 83 85
84 83 84
47 46 47
3 3 3
94 92 14 92
31 30 30
40 39 39
42 41 44
10 10 10
5- 4 4
55 55 BT.
37 -36 !6 .
SO 77 79
44 43 43
127 127 127
28 27 27
12 32 12
78 77 78
23 22 23
50 47 49
S2 82 82
1
54 53 53
113 112 111
do pfd ....... 100
Rep Motors
Roy Dutch Oil.. 700
Ry Steel Spg ... 200
Saxon Mot 3.100 2 1
Sears Roebuck... 1,300 82 81
Shattuck & Ariz
Shell T & T GOO 37 36
Sinclair 3,700 32 31
ioss oner
Sou Pacific 700 91 90
Sou Ry ' 300 68 63
Stand Oil Cal.. 4.500 118 117
do ind -. 11 7 316
do N J 4,000 20O 196
do Ky 109 309
St L & S F ... 500 23 23
Strom Carb 300 125 124
Studebaker 22,500 125 124
Swift & Co
Tenn Con & Ch
Texas, Oil 2,400 47
Texas Pac 1,700
Tex pac c & o
Tob . Products ,. 7,000 53
Iran contl Oil. 1,400 12
t-n nag & faper
union Oil Del..
21
500 20
100 65
1,1-00 16
46
21
20
50
1114
65
3 5
Union Pac 1.800 142 141
United Alloy ........
United Drug
Uni Food Prod.. 200 5 5
umtea J?rult
Uni Rds of N J. .
United Rds Pfd.
Uni Ret Stores..
U S C 1 Pipe..
200 12
300
3,700
800
72
U S Ind Alcohol 5,300 62
3,200 50
100 96
32
26
70
60
49
96
do 1st pfd
u s Smelting ....
U S Steel 22,000 105 104
ao pia luo 121 121
Utah Copper .. 700 62 61
Va Chem
do pfd . . .
Vanad Steel
vivaudou 500
Wabash 400
do A pfd 1,300 26
ao xy pia ,
Wells Fargo , t..
Western Pac
do pfd - .....
Western Union . 400 11014 109
Westhse A B . .'. . . . . .
do E & M 1,500 59
West Md 600 32
White Eagle Oil 200 30
wnue motors .. 800 48
wnue on 2
Willys-Overland 400
do nfd . .
Wilsdn Packing .
Wis Central ... 300 28 28
Woolworth 3,100 223 216
Worth Pump .. 800 29 27
W & L E 200 9 9
Total sales stocks, 619,800.
Total sales bonds, $8,934,000.
600 26
2300 63
1,500 35
1
9
5
25
63
35
14
9
28
58
32
30
6
7
.36
32
40N
0
62
118
116
198
109
23
120
124
109
8
47
21
19
52
. 33
' 65
36
142
5
152
12
26
IX
25
U
50
96
35
104
121
61
25
63
35
14.
9
26
38
no
16
57
110
96
58
32
30
48
5
5
39
S7
28
223
28
Ex-dlvldend.
liberty Bond Quotations.
Liberty bonds and victory note quota
tions furnished by the Overbeck & Cooke
company of Portland: Closing
Open. High. Low. Bid.
Liberty, 314s . . .100.12 100.22 100.10 100.14
Liberty, 1st 4s. . .. ..- 98.20
Liberty, 2d 4s ... 9792
Liberty, 1st 4 s 9S.58 98.64 98.52 98.5J
Liberty, 2d 4s. 97.86 98.00 97.86 97.98
Liberty, 3d 4 lis 98.52 98 58 8.52 98.52
Liberty. 4th 4s 98.24 98.30 98.22 98.24
Vic'y, 4s call. 300.02 100.08 300.02 100.04
Vic'y, 4s 1023. 300.26 100.32 100.26 100.30
Money, Silver, Etc.
NEW YORK, Nov. 20. Call money
firmer; high, 5 per cent: low, 4 per
cent; ruling rate, 4 per cent; closing
bid, 5 per cent; offered at B per cent;
last loan, 5 per cent; call loans against
acceptances, 3 per cent. ' -
Time loans firm; mixed collateral, 60
90 days, 5 per cent; 4-6 months, 5 per
cent.
Prime commercial paper, 4 per cent.
Foreign bar silver, 64c.
Mexican dollars, 49 c.
LONDON Nov. 20. Bar silver, 32d
per ounce. Money, 1 per cent. Dis
count rates, short and three months'
bills. 2 7-162 per cent.
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
Hideo unit in unitea Ktates tunds-
Rate.
t .000016
.06H300
.007100
.032500
.202000
4.533750
.026200
.074000
.000200
.015800
.89i500
.000550
.017800
.004 200
.184500
.055000
.007000
.017500
.153X00
.2(9000
.1871 00
.537500
.750900
.490000
Country Foreign unit
Austria, kronen
Belgium, franca
Bulgaria, leva
Czecho-Slovakia. kronen. ......
Denmark, kroner
England, pound sterling
Finland, finmark
France, francs
Germany, marks "
Greece, drachmas.
Holland, guilders
Hungary, kronen
Italy, lire
Jugo-Slavia, kronen
Norway, kroner
Portugal, escudos , .-
Roumanla, lei ,
Serbia, dlnara .,,
Spain, pesetas ,
Sweden, kronor "
Switzerland, francs
China-Hongkong, local currency.
Shanghai, taels
Japan, yen
47
35
96
87
66
90
33
36
22
29
46
34
96
86
64
89
12
34
20
122
46
i
97
87
64
8(.
3 3
35
22
28
300 124 214 123
800 131 129 12914
800 4T" 40 40
06 65 56
HS 86
11 '11
37
92
17
91
3fJi) 3 2
200 78
600 177
8,300 15
9,'20'6 44
100 10
700 31
2,100 '30
1,200 86
8.000 '77"
900 68
600 22
"40() '34"
" 506 "iii
500 103
300 32
3,800 51
600 14
1,101) 51
100 22
600 14
300 14
1.500 20
500 '19
87
11
17
92
7
.'2
11- 11
78 78
176 177
14 14
1,500
T.100
1.800
1,500
1,000
300
!M0
42
41
32 V.
6
78
25
63
100 162
900 19
300
1,400
100
400
36
30
44
13
40
10
30
29
SO
73
67
33
31
40
13
50
22
14
19
19
'iiii
41
32
6
77
25
63
162
18
'56"
30
81
40
10
80
56
23
30
88
23
75
67
22
108
;-3
6
31
1
1(014
11
49
13
f0
22
14
39
3f.
63 li
40
43
32
6
77
25
63
162
18
130
56
30
Sd
13 13
1,300 164 162 16:
00 212
200 16
ASTORIA, Or., Nov. 20. (Special.)
r 4 Umifilnn of this nitv ie
to be an aspirant lor the position of. Mont Power",
state master fish warden to succeed Mont Ward ...
Carl D. Shoemaker. Petitions ask-Mo Pac ......
ins for his appointment by. the ! Nt $cui "
Pierce administration are reported Nat Enamel .
to be in circulation among the local! Nat Lad ....
Shriners. ' Nevada Con ..
m J New Haven . . .
'.. . Norf & W ...
- rrx. , . . . -Nor Am......
The Oregronian is the medium 'Nor Pac .....
through which many people supply N s Steel
the'r wants by using its classified X lr Br---columns.
Telephone Main 7070. Okia Prod ' ref
00
7,200
17,2011
1,400
900
- '706
400
1,000
3 00
200
31
SI
15
54
2211
17
46
63
212
16
25
11
2S
54
37
45
258
13
09
16
25
Jl
31
15
53
67
1
17
45
258
62
1,000 116 114 115
600 34
2,400 23
100 137
3,100 80 :
900 80
300
3,500
27
64
13
22
M6
86
79
'27"
93
13
23
116
S7
80
28
27
83
2
NEW YORK, Nov. 20. Foreign ex
change strong. Great Britain, demand,
4.49; cables, 4.49; 60-day bills on
banks, $4.47. France, demand, 741;
cables, 7.42. Italy, demand, 4.76; cab.es,
4.77. Belgium, demand, 6.94: cables,
6.94. Germany, demand, ,01; eibles
.01 9 -38. Holland, demand, 39.30; cables,
89.30. Norway, demand, 18.36. Sweden,
demand, 26.80. Denmark, demand, 20.18
Switzerland, demand, 18.64. Spain, de
mand, 15.32. Greece, demand, 1 40 Po
land, demand, .00. Czecho-Slovakia, de
mand, 3.18. Argentine, demand. Si! 75.
Brazil, demand. 12.62. Montreal, 100 132.
Standard Oil Stocks.
Furnished by the Overbeck &
company of Portland: .
. . Bid.
Anglo 19
Borne Scrysmer ........... .590
Buckeye ". 308
Cheesebrough ,...235
do pfd J.. .110
Continental ...a.. '..142
Crescent 42
Cumberland
Eureka
Galena com
do old pfd
do new pfd
Illinois Pipe
Indiana Pipe
National Transit
N Y Transit
Chio Oil .....
International Pete ...
Penn Mex
Prairie Oil
pe
Prairie Ri
Solar Kfflg
Southern Pipe ...
South Penn Oil .
S W Penn Oil ....
S O Indiana
do Kansas , .y. .
do Kentucky ..,
do New York ..
do Ohio . .
do pfd
Swan & Finch
Vacuum .........
Washington
S O Nebraska . . . ;
Imperial Oil ....
...150
. .. 99
...59
. . .109
.. .106
...170
...106
.... 26
. . . 200
298 '
... 21
...20
. . . 680
...303
...885
...152
....174
...61
...116
...670
....10814
...560
...665
....118
...30
...690
...28
. . .190
...113
Swift Co. Stoeks. '
Swift & Co. stocks at Chicago
ported by the Overbeck & Cooki
pany of -Portland:
Swift & Ca ,
Libby, McNeil & Libby
National Leather
Swift International
Cooke
Ask.
39
610
110
230
113
146
45
155
101
61
112
110
174
109
27
205
302
22
25
685
306
390
164
178
68
110
680
109
565
F70
120
32
f.B5
28
195
114
as re-
com-
.108
.. 7
.. 8
.. 19
Liquidation In Coffee Market.
NEW YORK, Nov. 20. .Reports of
reactions following last week's sharp
advances in Rio exchange rates led to
scattering liquidation in the -market for
coffee futures here today. The close was
unchanged to 9 poiDts lower. Sales were
estimated at. about 25.000 bags. Decem
ber, 9.70c; January, 9.63c; March, 9.48c;
May. 9.26c; July, 8.99c; September,
8.55c.
Spot coffee quiet; Rio 7s, 1010c;
Santos 4s, 1515c.
1 ' . "
' Naval Stores.
SAVANNAH, Ga., Nov. 20. Turpentine
Quiet, $1.52: sales,- none; receipts,
273; shipments, 277; stock, 12,349.
Rosin Firm; receipts, 1140: shipments
533; sales, 1492; stock, ,100,099. Quote
B, D, E, F, G, H, ,5.85; I, $5.37 ; K,
$5.40; M, J5.60I N, J5.80; WG, $G.03;
WW, $6.55. ' .
Sugar Market.
NEW YORK, Nov. 20. Raw sugar, cen
trifugal, 5.65c; refined granulated, 6.90
(tf 7c
SAN FRANCISCO. Nov. 20. California-Hawaiian
raw sugar, 5.53c
' - Hops at New York.
NEW YORK, Nov. 20. Hops quiet;
states. 1922, 21 24c; Pacific coast, 1922,
lg&ISc; 192., li 15c,
AN OREGON INVESTMENT OF HIGH SECURITY AND GOOD RETURN
We own and recommend for investment the unsold portion pf
$150,000
Coast Power Company
Tillamook, Or.
TPi vcf Tlfr. -rf rro era A Ct, "Rrm rl a
Dated July 1, 1922 6 6 Due juiy f 1942
" Interest Payable Jan. 1 and July 1 at Ladd & Tilton Bank, Portland, Oregon.
DENOMINATION- $1000-$5000 FREE FROM ALL FEDERAL INCOME TAX UP TO 4
Xn Title and Trust Company, Portland, Oregon, Trustee
BUSINESS: The Coast Power Company furnishes without competition all trie electricity for light and power in the
cities of Tillamook, Bay City, Garibaldi, Rockaway, ' Brighton and Bar View, Oregon, and upon completion of present
financing will extend its facilities to Wheeler and Nehalem, serving a population of about 8500. '
MANAGEMENT: Under the capable management of Mr. C. J. Edwards and his associates the Coast Power Company
has shown an unusual growth since its incorporation in 1916 from slightly less than 2D0 customers to over 1500 at the
present time. Relations with the public are very satisfactory. Both the preferred and common stock are owned entirely
by individuals residing in the community served, showing their faitft in the management of the company.
PURPOSE OF ISSUE: With the sale of this issue, $50,000 of the 6 bonds now out-standing have been retired, making
this issue its sole funded debt. Simultaneously with the sale of this issue, the company proposes to sell $50,000 of its 7
cumulative preferred stock, proceeds frornf which can go only to plant enlargements or betterments, thereby increasing the
value of property pledged by mortgage to secure these bonds.
SECURITY OF BONDS: These bonds will be secured by a direct first mortgage on all fixed property of the company
and constitute its only funded debt. Total property value when proposed additions and betterments are completed will
exceed $250,000.
EARNINGS: At the present time net earnings are over ZVi times total interest requirements. It is estimated that
upon completion of proposed" additions net earnings will increase 20. Sufficient new business is now ready for service
to more than justify the proposed additions.
This issue offers an exceptional opportunity for a long-time investment in one of the most substantial public utility
companies in the Northwest.
Complete details upon request. , Telephone or telegraph orders collject.
PRICE: 98 and interest TO NET: 6.15 per cent
BOND DEPARTMENT OPEN 8:30 TO 5:00 SATURDAYS 8:30 TO 2:00
BANK
OUtst in the Northwest
VASklNC3TON
at THIRD
MEMBER
JEDERAL RESERVE"
SYSTEM-
ICE CATTLE' STEADY
ACTIVE OPEXIXG OF MARKET
AT IiOCAL YARDS.
Medium Grades Sell at Easier
Prices; Hog and Sheep
' ' Quotations Hold.
Thers was an active market at the
stockyards yesterday with a big run of
i:8 loads, of which four loads of hogs
went through.
The cattle market was steady on choice
quality but the in-between grades sold
1!535 cents lower, but within the range
of quotations.
Hobs were about steady throughout
the day at the $9.75 top. mough few sales
were made at this figure.
Sheep and lambs were steady at rul
ing prices.
Receipts were 2978 cattle, 177 calves,
2845 bogs and 1240 sheep.
The day's sales were as follows:
8 hoga. .
1 hog.. .
HI hogs. .
2:1 hogs. .
5-hogs. .
1 hog. ..
2r hogs. .
20 hogs. .
2:i bogs. .
li hogs. .
27 hogs. .
1 hog. . .
7 hogs. .
116
180
1H.1
145
204
2SO
22S
178
157
147
175
490
17:
8.25116 hoirs..:-. 1S8
9.25
S.25
9 25
9.50
11 50
12.5')
2.50
tf 00
7.50
12t 11.50
170 3.50
04 8.50
25S
179
1S5
74
S:t
S3
130
:i
.1038
. :io
. 87!)
.1025
. 1407
.1172
.1157
. 828
. 943
. 1 1 tin
.1011)
. 102:1
.102:1
.1135
.1065
. 1050
. 808
. 7.'!0
7S
26 steers.
9 steers.
a steers.
10 steers.
7 steers.
24 steers.
!J5 steers.
14 steers.
9 steers.
3 steers.
21 steers.
:! steers.
20 steers.
14 steers.
20 steers.
25 steers.
7 steers.
5 steers .
31 steers.
5 steers.
2 steers. . 895
IK steers. .1108
3 steers. .1296
26 steers. .101 Si
27 steers. .1135
26 steers. .1182
27 steers. .1067
2 steers. . 925
12 steers. .1070
2 steers.
26 steers.
12 steers.
4 steers.
27 cows. .
10 cows. .
a cows. .
9 coks. .
10 cows. .
8 cows. .
3 cows. .
9 cows. .
o cows. .
17 cows. .
4 cows. .
35 cows. .
15 cows. .
cows. . .
10 cows. . .
10 cows. . ,
10 cows. . .
4 cow s. . .
21 cows. .
14 cows, .
3 cows. .
9 cows. .
2 cows. .
2 cows. .
23 cows. .
6 cows. .
9 cows. .
Wt. Price
1006 $6.35
o. 1
4.50
6.75
6.75
i.75
5.001
4.00
7.25
7.25
6.2,
990
.1135
.1092
. 9:i2
. 997
. .".
. 002
.1207
.1046
. 8S3
. 92:t
.1084
.100:1
.1013
.1075
.1119
.1090
. 900
. 774
871
921
. 935
.1023
.1059
.1004
.1022
.1235
. 055
.1095
. 900
927
it hogs. . .
2 hogs...
4 hogs. . .
3 hogs.. .
2 hogs...
3 hogs. . .
2 hogs. . .
1 hog. . . ,
1 hog.. .
1 hog...
2 hogs. . .
o hogs. . .
4 hogs.. .
0. 60:53 hogs.. .
7.10i38 hogs...
5.85140 hogs.. ,
6.2S: 3 hogs. ..
4.35:51 hogs..,
5.00 1 hog
6.601 1 hog
5.5025 hogs...
6.25 2 hogs. . .
8.00 5 hogs...
6.501 7 bogs.. .
7:oO!l02 hogs..
6.00! 7 hogs.. .
4.001 hogs...
7.0031 hogs. . .
5.50;25 hogs. . .
7.50 6 hogs. . .
5.50 4 hogs...
5.50 5 hogs.. .
4.00:11 hogs.. .
.1.851 8 hogs 176
3.85110 hogs 124
4 5018 hogs 175
3.75 1 hog 150
4.251 1 hog 140
3.501)5 hogs 171
S.S5I 7 hogs l.V
4.j 0 hogs 1S7
4.501 1 hog 220
3.751 4 hogs..
4.5O1I6 hogs..
4.751 3 hogs..
4.85 2 hogs..
3.0OI42 hogs..
Wt. Prtce
17S $9.:S
210
155
100
225
233
185
420
600
480
360
273
375
1(15
152
171
74
1!J2
290
. 150
156
240
212
.18:
9.35
9 35
9.35
9.35
il.3.)
9.33
6.35
6.35
S.35
8.35
7.25
6.2o
9.25
S.25
9.25
8.65
9.40
7.50
8.50
9.50
8.00
9.50
9.50
. 1H7 1K50
175 9.60
238
136
144
25H
225
257
332
172
870
..1057
. . 880
.. 908
.. 80S
. . 810
. . 903
. . 870
. . 735
. . 895
. .1144
920
.1006
. 965
. 980,
. SIX
. 955
.1185
.1068
3 cows. . .1020
8 cows. . .1017
2 cows. . . 940
2 cows. . . 905
2 cows. . .1015
5 cows. . .1013
4 cows.
7 cows.
3 cows,
6 cows.
5 cows.
2 cows.
2 cows.
2 cows.
2 cows.
4 cows.
5 cows.
8 cows 1117.
20 cows. ..1154
24 cows. . .1200
2 cows. . .108.
3 cows. .
5 cows. .
2 cows. .
2 cows. .
8 cows. .
23 cows.,
22 cows. .
17 cows. .
2 heifers. 992
2 heifers. Ssr,
10 heifers. 528
2 heifers. 895
9 heifers. 938
lcalf 150
2 calves... 105
1 calf
2 calves. .
51 calves. .
lcalf
1 bull... -.1420
1 bull 1270
2 bulls. . .1305
1 bull 1410
1 bull 580
1 bull 12Si)
lbull..
1 bull..
1 bull..
1 lull. .
lbull..
1 bull. .
2 bulls. . .1480
1 bull 1290
2 bulls. 1480
12 bulls. ..1298
3 bulls. . .1023
25 mixed.. 727
7 mixed.. 898
3 mixed., 950
3 mixed.. 696
2 mixed.. 550
1 stag 960
1 stag 1100
12 hogs. . . 353
1 hog. . . . 190
5 hogs. .. 270
3 hogs. . loti
4.25!
4.251
4.25
8.00
2.25
256
215
220
135
204
14(1
263
177
192
207
175
157
85
177
192
410
171
220
1C5
217
340
201
226
215
0
80
B6
74
58
10-3
140
170
ISO
120
..1310
. .1450
.. 850
..1350
..1B60
.1570
4.251 - hogs
4.251 - hogs
3.0031 hogs
4.751121 hogs.. .
S.OOI12 hogs
4.5018 hogs. . . .
4.7515 hogs
4.504 hogs
3,50 4 hogs. . . .
4.75 7 hogs.. . .
4.501 1 hog.. . . .
4.50119 hogs.. . .
4.501 1 hog.. .. .
4tnoi33 hogs, . . .
4.25:21 hogs....
1 nog
6 hogs.. . ,
5 hogs. . . .
8 hogs..,.
1 lamb. . .
!22 iambs. .
2.2531 lambs. .
2.25(229 lambs.
2.253l larr bs. .
2.25! 2 lambs. .
2 25! 6 lambs. .
2.2519 lambs. .
2.25!57 lambs. .
4.5010i'1 lambs.
4.OO1 2 ewes....
4.35)13 ewes....
5 0.1(251 ewes.. .
4.25(i'i"C ewes.. . 12"
4.251 ewes 1:15
4.25) 1 yearling. 140
4.251 3 buck. ... 100
4.75,26 steers,.. 1 2E
S.,10( ' steers..
4. 7526 steers. .
4 75:11 steers..
S.OOl 1 steer.. .
3.851 steers..
C.0OI 4 tteers..
4.001 3 steers..
4.00 3 cows.. .
0.25 2 cows...
8.50' 1 cow
S.5OI20 cows. ..
7.501 1 cow.. . .
8.00
7.00
9(1
55
85
110
163
91
8T
. 60S
. 930
.1230.
.1190
. 710
.1016
. 870
.1130
. 770
. 960
-102O
3 cows.. .. 953
'2 cows 1114
123 cows. : . .1065
I COW.. . .
7 COWS. .
S 75129 COWS. . .
4.00:23 cows.. .
7.00
4.00
8.25
4.501
4.2,
4.00!
4.00
3.001
3.50
4.25
4.00i
4.25
3.75
.1330
941
864
970
. 920
.1010
9..0
4 cows. . .
121 cows. . .
1 cow. . . .
1 cow. . , .
4 cows .109'
1 cow 1O20
8 heifers.. 801
2 bulls.... 1390
1 boll 1560
9 bulls... .1570
3.75ii mixed... 300
3 751 4 mi.'.ed. 4 !7
8.00(104 hogs... 182
4.00 7 hogs 415
4.35 hogs...
3.00152 hogs...
3.001 6 hogs...
3.00' 2 hops,. .
3.25 0 hogs...
3.25llJ2 hogs..
5-.759fi hogs...
5.75195 hogs...
8.75i62 hots...
S.2H S Logs...
24
184
200
195
258
152
182
191
15
140
6.60
9.00
'8.40
8.90
8.40
7.40
6.40
9.40
9.40
8.75
9.40
8.00
8.25
9.25
8.25
9.25
8.2o
8 75
9.25
9.2
.8.25
9.25
8.75
8.50
9.25
9.40
9.15
9.6
9.00
9.00
9.05
9.65
6.85
9.65
9.25
8.50
9.35
7.50
9.50
9.50
9.40
8.00
12.25
10.00
11.85
9.00
10.50
11.00
12.00
8.75
11.50
6.00
5.00
4.75
6.00
5.00
8.50
K.OO
5.75
5.00
5.00
5.00
6.00
4.00
5. Oft
7.00
8.0
2.75
2.2.'
3.90
5.25
2.50
4.50
5.25
4,75
a. 75
3.60
3 23
2.00
3.73
2.00
5 50
5.00
3.50
4 60
3.7.1
4.25
4,2;
5.21
4,50
9.73
7 90
T.50
9 50
0,2
8.75
8.75
0.50
9.50
9,f.-i
9.00
8.2S
8.751 8 hogs.
9.25 ISO hogs
8.50144 hog-s. ...
8.25:80 lambs. .
8.70 143 lambs.
9.50111 ewes. . . ,
9.501 1 twe
9.5026 y'rilng'J,
8.501 1 wether.,
9.25112 bucks.. .
5,351.50 mixed.. .
9.35
Prices quoted at the Portland Union
stockyards were as louow
Cattle
Choice steers -,
Medium to good steers ..
Common to fair steers ......
Choice heifers
Choice cows and heifers
Medium to good cows, heifera
Common cows
Canners
Bulls
Choice feeders .............
Fair to good feeders ........
Choice dairy calves
Prime light calves
Medium light calves
Heavy calves
Hogs
Prime light
Smooth heavy, 230 0300 lbs..
Smooth heavy, 30O lbs, up
Rough heavy
Fat pigs
Feeder pigs t
Stags, subject to, dockage. ..
Sheep
East-of-mountain lambs . . . .
Choice valley lambs
Medium valley lambs
Commsn valley lambs
Cull lambs
Light yearlings
Heavy yearlings ,
Light weahers
Heavy wethers
Ewes
Price.
.$ 7.00 7.50
4.(10 5.50
5.50(H) 6.25
4.50& 5.00
3.50 4.50
1.50 2.00
1.50W 2.00
3.00 4.50
S.OOiS) 5.50
4.00 5.00
7.50 S.00
7.50W 8.00
7.00 7.50
- 4.00 7.00
9.25 9.75
8.00(a) 9.00
7.50i8 8,00
6.00IS 7 50
8.25 8.75
8.25 8.65
4.00 6.00
11.00 Iff 12.50
11.0012.50
10.00 rjeil.00
9.00 10.00
6.750 9.00
8.00 9.50
8.50 9.00
7.50 8.50
7.00 7.50
, 2.004 6.00
she stock dull and wealr; bulls and veals
generally' steady; Etockers and feeders
slow; steady to 25c lower.
Sheep Receipts, 16.000; lambs, 10c to
25c lower; bulk, $13.2513.65; top, $13.75:
fed clipped lambs, $12 12.40: yearlings,
steady: top, $12; sheep, strong; top,
$7.60; feeders steady to strong; top feed
ing lambs, $13.40; feeding ewes, $5.85.
Chicago Livestock Market.
CHICAGO, Nov. 20. (United States de
partment of agriculture.) Hogs Re
ceipts, 53,000, 1520c lower; bulk, 150 to
210 pound averages, $7.80 7.90; few at
$7.95; good and choice 220 to 275-pound
butchers, $7.58; top. $8; few held
higher; packing sows, : $77.75; desir
able pigs, $S8.35; heavy, $7.758; me
dium, $7.808; light, $7.757.5; light
light, $7.858; packing sows, smooth,
$7.357.65; packing sows, rough, $7
J.40; killing pigs, $88.35.
Cattle Receipts, 32.000; quality very
plain; native beef steers selling at $9 up
ward; best western . grassers opening
about steady; lower grades slow; tending
lower; bulk nativo beefsteers of quality
and condition to sell at $S10; few well
conditioned heavy western grassers early
8.258.35; better grade beef cows and
heifera moderately active; canners and
cutters fairly active; steady; bulls steady,
lower , grade butcher she stock dull,
weak; stockera and - feeders opening
around 15c lower; veal calves weak to
25c lower; bulk desirable heavy native
bulls $4.35(04.50; less desirable kinds
around $44.25; good veal calves early
to packers around $9.
Sheep Receipts, 23,000; fat lambs
steady to strong; early top, $14.75 to
city butchers, $14.65 to shippers and
packers; fed clipped lambs, $12.90, aver
aging 82 pounds; light supply of rang
ers, mostly feeders; no early sales; sheep,
steady, one load 115-pound fed western
ewes, $7.60.
Kansas City Livestock Market.
KANSAS CITY, Mo., Nov. 20. (United
States department of agriculture.) Cat
tleReceipts, 30,000; beef steers and
yearlings slow, around steady; quality
mostly plain; bulk warmed-up steers,
$6.508; western grassers, $67.25;Tew
cut-out yearlings from show loads $12.50;
steers held about $13; she stock and bulls
fairly active; lower grades in demand;
few canners under 260; choice fat heif
ers $8; vealera went to 25c lower; prac
tical top, $9; deairable Colorado stockers,
$7.40; New Mexico stock calves. $6.25.
Hogs Receipts, 14,000; active; mostly
to packers; 5c to 10c lower; spots off
more, early; packers, top, $7,05; shippers
took $7.85; light lightB mostly $7.75
7.80, bulk deairable 180 to 275-pound av
erages, $7.807.00; mixed weights and
quality, $7.60(87.80; packing sows. 10c to
15c lower; bulk, $7 7.75; stock pigs, lOo
lower; mostly $7.8598.15.
Sheep Receipts, 6000; killing classes
slow; about steady; quality generally
plain; native lambs, $14; 95-pound fed
lambs, $13 90: some held higher; odd lots
ewea. $77.40; 36-pound feeding lambs,
$13.50. -
Omaha Livestock Market.
OMAHA, Nov. 20. (United States de
partment of agriculture.) Hogs Re
ceipts, 10,000, mostly 15c to 25c lower;
bulk mixed and packing grades. $7.15
7.63; bulk 180 to 250-pound hogs, $7.70
7.90; top, $7.95.
Cattle Receipts, 15,000, beef' steers
slow, weak, to 25c lower; practically no
choice corn-feds on cyle; besf here $9,75;
P-'SF Give
.? -1 by the R
VOX Mth ffc
San Francisco livestock Market.
-SAN FRANCISCO. Nov. 20. (Federal
state livestock market service.) Cattle
Beef steera, good grade, $7,7358; medium
grarle, $7 i7.50; common grade, ti(
0.75 ; beef cows, good gradf-, 5.75 fy 6;
medium grade, J5.235.r0; common
grade, $4(4.50; canners and cutters, $2
3.50; bologna bulla, $2.504; calves,
150 to 200 pounds, good and choice,
J7-T58; 200 to 250 pounds, good and
choice, $7.50 p 7.75; 250 to o00 pounds,
good and choice, ?77.50; over 300
pounds, $5.50(a: 6.i'0.
Hogs Oood and choice, grain fed, Cal
Ifornias, 150 to 200 pounds, $10.7511.25;
200 to 250 pounds, lQ.2b10iQ; 250 to
300 popnds, $09.50; over 300 pounds.
$S.50fi'8; smooth sova, 250 to 300 pounds,
$7f'a'7.50; rough sows, 250 to 300 pounds,
$ij!.50; over 300 pounds, $5-3)6.
Sheep and lambs Full-wooied lambs,
good and choice grades, $13.5014; me
dium grade, $12,50 13.50; ewes, me
dium and good, (5, 506.50; wethers,
medium and good, $8.50& 10.
Seattle Livestock Market.
SEATTLE. Nov. 20. Hops Steady; re
ceipt, 1779 ; prime $9.75 91 10; smooth
heavies, $7.50fff8.50; rough heavies, $6.25
7; ptgs. $a.mfo)9.
Cattle- Steady; receipts. 53S; prime
steers, $77.40; medium to choice, $0.50
7 : common to good, $3. 75 6. 50 ; bes-t
cows nd heifers, $4.50 iy' 5 ; medium to
choice, ' $3. 754. 25; common to good,
$3.75 4.25; canners, $1.503.50; light
calves, $0.507; heavy calves, $4.50(gjo.
Chicago Potato Market.
CHICAGO. Nov. 20. Potatoes, slightly
stronger; receipts, 70 cars; total United
States shipments, 662 cars; Wisconsin
sacked and bulk round whites, 90c$1.05
cwt. ; Minnesota sacked and bulk round
whites, 85 95c cwt. ; Minnesota sacked
Red River Chios, 95cl&$l cwt.; North
Dakota sacked Red River Ohios, mostly
$1 cwt.; North Dakota sacked early
Ohios, 95c$l cwt.; Idaho Hacked Rus
sets, No, 1, $1.55 cwt.
Metal Market.
NEW YORK, Nov. 20. Copper, steady.
Electrolytic, spot and future-, 13 (9 14c.
Tin, Bteady; spot and futures, 30.75c.
Iron, steady; No. 1 Northern, -$30-S)31;
No. 2 Northern, $2S30; No. 2 Southern,
$2426.
Lead steady. Spot. 77.25c.
Zinc. firm. Eiist St. Louis, spot and
nearby delivery, 7.20W7.30c.
Antimony, spot, 6.50Si 6.75.
Chicago OH Market.
(By Chicago Tribune Leased Wire.)
CHICAGO, Nov. 20. Gasolin Tank
wagons, 18c; service stations, 20c; ma
chine, 27.7c.
Oils Summer, 11.4c; winter, 11.0c;
Carbon perfection, iron barrels, 11 c;
linseed oil, raw, 1 to 4 barrels delivery,
$1; boiled, $1.04.
Turpentine $1.84.
Alcohol Denatured, 42c.
Dried Fruit at New York.
NEW YORK. Nov. 20. Evaporated
apples, quiet; prime state, 10-& lGc.
Prunes, firm; Californias. 817c;
Oregons, 712c.
Apricots, scarce; choice, 24ffi25c; extra
Choice, 227c; fancy, 285:29c.
Peaches, dull; choice, 12'r14Uc; ex
tra choice, 14't?15Uc; fancy, 1618o.
Raisins, steady; loose muscatel, 11(P
13c; choice to fancy seeded, 12 13 'sc;
Fed?ppy, H-fr L'Sc.
$250,000
Great Western
ELECTRIC CHEMICAL CO.
FIRST MORTGAGE
6 SERIAL GOLD BONDS
Dated April 1, 1919
Due April 1, 1939
Denomination $1000
EARNINGS
Over five times the interest
requirements on the total
amount of bonds outstand
ing, including this issue.
PRICK
92 la "n awroed lnt-ret,
. to ylrld R
approximately0, o
J. G. T AVE RES
Investment Stocks and Bond
213 Fittot-k Bldk. Bdny. 0SIH
.Name
Address
The Plan That Gets
You Out of Debt
ASK about our monthly
payment plan, which
will refund the old mortgage
and, in ten years, by easy
payments, pull you out of
debt.
The interest you pay en such
a plan is relatively small.
Talk it over with up.
sa
Portland Trust
Company qf Oregon
SIXTH AND MORRISON
s Northwestern NatowBaiiA
1
Camaguey
Sugar Co.
First mortgage sinking fund
77o Gold Bonds
" Due 1942
Secured by a di
rect first mort
gage on all the
mortgageable
property of the
company.
Price to vield about
Circular on request
The National City
Company
Offices In more than BO cities
, Yron Building. Portland
Telephone 6072 Main
Longevity
A recent issue of The Manu
facturer says: "The fatigue of a
raw concrete surface, the wear
and tea on tires, the final crystal
lization of structure of both steel
and concrete are facts of such
c o m m on everyday observation
that ordinary intelligence ought
to demand the non-jarrinsr sur
face in highway construction."
Warrenite-Bitulithic is a type of
oavement that has demonstrated
the longevity of shock-absorbing
pavements in almost every sec
tion of the United States.
fL :-' by the T
v?0 Month