THURSDAY, MARCH
n
1C21.
14
THE OREGON DAILY JOURNAL, PORTLAND, OREGON
n-
f -
17 STATES WILLI
HOLD CONFERENCE
ON MARKET PLANS
Chicago.' March S.t I. N. S.) A
eerie of H -t&te conferences this
'month to consider improved grain
' marketing plans along cooperative
'lines, was announced today by the
Tarmara' drain Marketing commit
tee ot 17appolnted last September
by :. President J. R. Howard of the
American Farm Bureau Federation.
Th conferences are scheduled as fol
lows: .
. Alarcfi 14 Jefferson City. Mo., and
Springfield. UK .
Marcn 15 Topeka, Kan.,, and Indian
apolis. !
March 1 -Columbus.
- homa City.
March 17 Lansing. Mich., and Fort
Worth, Texas. ' ; '
March 19 renver.
. March 21 Madison,
coin. Neb.
March 22 St. I'aul
-Mont., and Oes Moines.
March 2 Fargo.- J.'.
Falls, S. D.
' March 24 Spokane, Wash.
-- lnarton, Oregon and IdaJio. .
i The committee of 17 also is- planning
conferences in California, PennsylvJa,
Maryland, : Tennessee. Kentucky vl
V train la. , . '- " .
Representatives of all farm ore... -'lions
interested In. the cooperative mar.
iketlng of grain and all. Brain growers
I will be Invited . to the conferences. At
; each state meeting delegates will be
i selected to attend (the ratification met
i ing to be held here on April 6."
Ohio, and Okla-
Wis.. and Lin
and Lewlston,
Iowa. '
. V., and Sioux
for Wash-
. SHIPPERS CALX.KD TO
. ,. DISCUSS HKiH HATES
Chicago, March S. I. N. S.) A gen
l eral-conference of representative organ
izations of shippers throughout .: the
'United States was called today to meet
here March 14. - The I call was signed by
rthe American Farm Bureau Federation,
r the National livestock Shippers' league,
the American National s Livestock assot
v- relation, the National Paving Brick Man
ufacturers association. the . Farmers'
National Grain Dealers' association, the
Forth Worth . ft West - Texas Chamber
of Commerce, the Texas Industrial
Traffic league and a number of similar
organisations, together with the attor
neys general of Illinois. Iowa, Indiana,
Michigan, Washington, Idaho and Ne
vada. "Transportation , conditions in ' the
United States are very grave," declares
the letter calling the conference. - "The
present high level of freight rates . has
helped to demoralize the' business of the
country. It is Imperative that some ac
tion be taken to relieve e present slt
aation." f -
- Representatives of railroad . labor
unions and the railroads have been in
vited to the conference. t ,
Oregon. Lumber Co.
Land Case Passed to
Highest Tribunal
. The circuit court of appeals at . San
Francisco refused to pass on the Oregon
Lumber company, land case and has
certified -the matter on to-the supreme
court at - Washington, according to in
formation in the hands . of . Assistant
United States Attorney Lusk.
Suit was instituted in the Oregon
federal court in 1918 by the government
against the lumber company to recover
$65,000 as the value of timber land which
the company was alleged to have secured
unlawfully through use of the durejmy
entry process. j The I offense Is alleged
to have been committed about 1899.
The suit was decided against the gov
ernment by. Judge' JC S. . Beari, from
which an appeal was taken;. The case
was argued before the circuit court of
appeals tact October! by Lusk.
In the trial .court j the defense based
its main, plea upon; the fact that In
October, 1912, j the government brought
suit in equity to set aside the patents
for thje land and thus attempted to show
that the government had full knowledge
of the alleged fraud six years before
the suit was instituted. The defense
argued that the 1918 suit isj not legal
because the . statute limitation's had ex
pired. Judge Bean also took this view.
Recently, the government filed another
suit against the company -for $53,000
damages, alleging that it cut timber on
government almla 1 . , - '"'
Marriage License Issued
Oregen City; March 3. Emma Virgin
ia Schroetlln and Russell James Fauley,
both of Oregon City, were issued a li
cense to wed Wednesday.
President Obregon completes reply to
American notes in petroleum contro
versy, believed his position unchanged.
" Royal Dutclj, to vote oil Increase in
capital to 330.000.000 guilders March IS
but it is not expeoted, to issue any of it
at present. ' ; v .
Tobacco Products corporation for year
1920 shows earnings before federal taxes
of $7.90 a share on common stock against
$8.59 a share in 1919. (
'" New ; York ' Federal Reserve bank
calls for repayment of $16,000,000 United
States deposits in depositary banks
Thursday. . . ? .
The New York stock exchange will be
closed on Good Friday but its officials
do. not anticipate a Saturday holiday.
' ' Daily metal reporter calls Controller
Williams steel price cut of $25 danger
ous, would cost United States Steel $19,-
000,000. ' ! ,
. Swift & Co. declared regalar quarterly
$2 dividend, payable April 1, stock record
March 10.
Bethlehem Motor atfairs reported dis
couraging. . , 1 '
, Reading common stockholders. say sur
plus belongs to them but preferred hold
ers object.
. ew Tork Bead
FumtuheU bj Overbeck at
Market .
Cook company.
: Bid. AkL
Atrhison enteral 4 . 77 H 80
Ran. t Obio sold 4s u 67 - 47
Rethlehen Mri ref. 6s ...... K2 S3
l ent raj Farifie 1st 4 ........ 71 72
C. B. A Q. col. 4s t7H 97
8t. Paul central 68 -: ' 4
Chicago N. W. general 4s . .... ;. 75 H
U Jl N. nni. 4 ............ 81 H - 81 H
Nw York Ky. Ss 17! 1 8 H
Northern Pacific P. L. 4s . . . . 75 75 M
Reading genrral 4s 81 81 H
I'moo Pacific - 1st 4s ......... 80 80
V. B. Hterl Ss . ........... ... - 9.1 ' !S H
Union Pacific 1st ref. fix . . . . ... 75 ' 75
Soutliern Pacific eon T. 5s 93 95
do. conv.-4 78 78
Pennsylvania nrav. ,4a . .... 88 88
dou 1st 4 '.. ...... 79 : 79
rhea. 4: Ohio ronr. 5a ."81 81
Oreson Bhort Uam 4s ....... . 79 . ' 79
Foreign Exehange Market '
New Tort, March S. (U. P.) Foreiii ex
change opened today with demand sterling
33.88; franca, .0715; lire. .0365; marks.
.0159; Canadian dollars. .8760: kronen. .1730.
Foreign exchange closed strong today. De
mand sterling cloned at 33.90; franca, .0721;
lirr. .036(5; , mark.. 0161; Canadian dollars,
8B; Kronen. .1753. ' i
r
pacific coast bask 8TATEMEKT j a mr A TVTrTTs aO T TT T71 A TVTT rTT A TVTT"T TTT A DP TVfTT' A r OTT A TiTT'O
ptu earn j i r I jjrtiN i ii hi jr linn iTin a n r4 vv h iv rinan vm
Clearings
Monday .... $
Tuesday ...
Wednesday ..
Thursday . . -
This week.
8,542.949.08
5,112,167.89
6.37K.568.78
5.12.a76.13
anka
Tear ago.
7.949.511.46
6.069,368.10
7, 120.951. SO
5.881,217.95
Clearings Thursday ....$ 1,602.214.00
Balance Thursday 553,603.00
" Seattle Bank
Clearings Thursday ,....$ 4.711.344 00
Balancea Thurday . ......... 1,153.814.00
San Francisco Banks
tksmift. Thursday . .. . . . 23.200,eOO.OO
kiMalM giaaka
, . . . . . .sja.tii.vsi.uv
Clearings Tkursday
Standard OU Stocks
Anglv .
Bom Sacrysmer
Buckeye
Cheesebrmigh ,. .
do pfd. ....
Continental . . .
.Crescent ....
4Tumberland . . . .
Kurcka .......
Galena, c
Galena Old. ofd.
Galena .lew, p(d. ,
Illinois P1;h5 . . . . .
"Indiana Pliw . . . . .
National t raniit . .
New York Transit .
Northern Pipe . . .
Ohio Oil ........
International Pete.
Pennsylvania 'Mez.
Prairie Oil
Prairie Pine
Solar Refg ......
Mouthern .i:e t . .
South Penk OU . .
H. W. Penn. Oil
H. O. California
8. O. . Indiana :
H. sO. Kansas . .
H. O. Kentucky
H. O. New York
8. O. Ohio . . . .
da ifd. . . , .
Hwan A finch ,
Union Tank . . .
do ifd. . . . .
Vacuum .......
Hashingtou .
8. O. Nebraska
Imperial Oil . . .
t ' Money and Exchange "
New Tort. Manrh S.-r (I. N. 8.) Call money
on the floor of tfie New York stock exchange to
day ruled at 7 per cent; high, 7 per cent; low.
7 n cent. - j
Time money waa ateady. Rates were i?
per cent. '
The market for prime mercantile " paper : waa
steady, i Call money in London today was 6
per cent. . "
Sterling exchange waa stealy, with business, la
bankers' bills at 83.89 for demand, i
...... i. .
' Closing
Bid. Asked.
1 7 IS
380 40U :
82 84 '
785 : 200
102 i 10 '
lit 114
80 32
135 -145 :
98 1011
44 : 46 :
02 9 i
92 96
165 ; 170
84. .. 85 1.-.
27 "JH ,
94 8
280 285
14 15
83 36
480 : 45
198 203 f
300 V 410
103 107
220 225
68 72 '
803 3
68 9
58U 595
405 , '413
828 , 383
880 , 400 v
108- 110 '
40 no
106 ' 110
07 " 1O0
SIO 315
28 , 82
304 410
97 90
A-
Liberty Bond. Sales
(Reported by Orerbeck A Cooke Co.)
Liberty,
Liberty,
Liberty,
Liberty,
Liberty.
Liberty,
Liberty,
Victory.
Victory.
34s
1st 4s....
2d 4s .. .
1st 4 a
2d 4S
8d 4s I
4th 4S.......
4s
nn .. . i.. . . . .
High.
9106
870O
8728
8716
9028
8.726
9752
9750
Ixw.
9002
86n6
8714
8702
HOOK
8708
0744
0744
Close.
9000
8716
8686
8720
8704
0020
8716
0748
9748
so the juice
tf i i
OUU It. 19 I
fresh delictoa waits for you at your grocer's or your bake
shop, or you can make one at home according to the recipe below.
Serve for dessert tonight.
r Filled with plump, tender Sun-Maid Raisins. Baked
For it's baked according to a special recipe, the result of many teste.
You'.ve never tasted better pie, if any equally as good. Nutritious,
too, for raisins ftirnish 1560 units of energizing nourishment per
. pound. Try one now. Every first-class baker has this pie or you
can use the recipe below. ; 4
: Raisins are rich in iron content; .and it is iron in the blood that"
brings the bloom of youth to women's and children's cheeks.
So raisins are a "beauty food? as weU as healthful and deUcious.
Make many foods with raisins. Learn what these nisin daintii
mean.
TiO
t - r
: : - ,. " I. t . ;i.
SUN
'.. i 'f : - ' if ' : t !
. -RAI
MAID
SINS:
The Recipe
Cut This Out and Keep It
2 caps SotvMaid Raisins
lVi cups boiling water
- -i 1 cop sagar :
4 tablcspootM csjrnstarcta
: .; Juice Z lemons -
' ' 1 takteapooaa grated lemon
.. rind ;. . , .. .
Jake 1 orange .. i
1 tablespoon grated orange ; '
; 1 cup chopped walnotg
Cook raisins in boalinf: water forfiwa
minute; -poor ixMo sogar and coroJ
starch, which have been mbrA, Cook '
until thick; remore from fire and add
4her ingredients. Bake between two
crusts. 'Walnuts may be omitted if
4jatsird. ,;v .-. -; ,
Always cook with Sun-Maid Raisinj,
the finest raisinj grown. Packed in
California in an immaculate plant
clean, noeet, wholesome American
raisins the land you know'are .rood!.
Made from sweet, tender, juicy Cali
fornia table grapes, noted for their
fragile skins. , y . f
Taste their plump, tender meat and
you'll always want Sun-Maid Brand.
Three varieties: Sun-Maid Seeded
(seeds removed); Sun-Maid Seedless
(grown without seeds); Sun-Maid
Clusters (on the stem). All dealers.
Insist upon the Sun-Maid Brand.
-'Send -for free book, "Sun-Maid
Recipes,' describing, scores of ways
to use. - -
j Cut This Out and Send It !
California Associated Raisin. Co.
DepUX-fS-B, frcaao, Cal.
Please send me your book. "Sun-Maid
Recipea, free. ' .
EARLY SALES ARE
AT SMALL DECLINE
Kew -York. March 3. (I. N. 8.) The
stock market closed irregular ' today.
Tho market showed an ; Irregular . tone
ia the late dealing, many of the active
issues - reacting r.bout one point, fol
lowed by rallies at the close. , ;
Atlantic & Gulf reacted from 46" to
41. and then recovered to U. 8.
Kteel fell from 82tt to 8194 and then
came back to. 81.
i Northern I'at'lfiJ yielded over one
point to SI, while Heading- rose one
point :; to 73-J4-. . Mexican Petroleum
dropped; over two points . to 156 and
then rose to 157. Chandler Motors re
covered two points-to 67, and General
Asphalt rose from to 57. . i
Uovernme'nt bonds unchanged ; rail
way and other bonds steady. .
Sales 465.S00 shares ; bonds, $8,443,
000, ,
I T ll I mmmm mmm i I .-. i I i ' I I'll' I 11 i I
Federal Bank Gold Reserve Cut in Week
New York. March 3. (I. N. S.) Pres
sure against Atlantic Gulf Sc. West Indies
was the outstanding feature of the open
ing of the stock market today. Atlantic
Gulf, after opening higher at 46, had
a quick drop to 43 V. The direetora of
the company are to meet this, afternoon
for action on the preferred dividends.
Atlantic Gulf preferred fell 2 to 37.
Chandler Motors waa another weak feature,
becau of feara of possible diridend - reaction,
yielding over '2 point to 66 . General A
phalt continued in aupply, jnelding 1 to 65 .
Tbr rest of the liat was also lower. Btrel
common sold around lat night'a close, but Cru
cible felt 1 point .to 04 and Baldwin to
SO.
Htudebaker was an exception, being in briak
dtgnand. moTlng up from 68 to 0U. North,
era Pacific aold off to SO 14 and then moved
up to 81 Vi. Utah Copper waa under pressure,
again falling from 47.4 to 46. - (General
Asphalt rallied from R5a to 56 W Chandler
cbntinued in supply, selling at 65. a lues of 4 hi
points. : ' ; ' i
Furnished by Overbeck
of Trade building:
& Cooke Co.. ; Board
ti'l'IM'KH
1 High
-1
- ' ii . , .. . . n
, . ! " . . . r . ( . j. . j - j Am.
. V-a - - " i ' . , . . . - '
Agr. i'liem. . . ... . -. . . . .
Ajar' Kubber
Adranca - Hum .........
Alaska told ..........
Alaska Juneau ........
Allu-t'halmera ..........
Am. Beet Sugar.
Am. Bosch . . .
Am.. Can Co.
Am. t'ar & Kdy. ......
Am. Cotton Oil .......
Am. lrug Synd. .......
Allied Chem
Am. Hide & Leather. . . .
loe . ..... ,
Intl. i Corp. .......
Linseed . ........ .
LocomotlT. .......
Ship A Com re. ....
Wmtkter . ........
Snuff
Steel! I'dy.
Sugar ...........
Sumatra .........
Tel Tel.
Tobacco .........
Tobacco "B" . . . . .
Wool I . .
Anaconda 4 .........
Associated Oil ........
Atchison . -
At). Gulf 4 W. L . . . . .
Baldwin Loco. ........
Baltimore tt Ohio ......
Beth, Motors . ........
Betli. Bteel "B" ......
B. B. T. t
Butts & Sup.
Caddo Oil . . . . . ......
California Packing . . . . .
California Pet. ........
Canadian Pacific ......
'entral Leatther ......
Cerro Ie Pasco
Chandler Mottor ......
Chicago A N. W. . . . .
Chicago tit. Western . . .
Chile Copper .........
Chino
V. M. aV St. P
c. o. .
Colo. r. Sc. L . .
Colo. Southern .......
Colo, iiaa & Elec. . . . ,
Columbia Graphaphona.. .'
Consolidated Uaa . . . . .
Corn Products ........
do. . pfd. ...........
Cosden Oil J . ........
C. K. L A. P.
Crucible
Cuba 4'ane -..........
Cuban Am. Su;ar ......
Itelaware 4c Hud win . ...
lome Mines .. .
11. & K. U.
Krie . .
Kndicott Johnson
Famous Player ........
Flak Tire
Canton Wins. ..... .
Ceo. tigars ......... .
Gen. Electric .........
ien. Motor ..........
.en. Asphalt ........
Goodwin .............
Goodrich ............
Great . Nor. Ore .......
do pfd. ...........
Greene Cananea .......
Gulf S. Steel
Hup . .
Houston Oil
Ills. Cent. ...........
InHpiratioa ...........
Interboro
Interstate Callahan . . . . .
Int. Harr. . .
Int. Merc. Marine .......
Int. Nickel
Int. Paper . . ..........
Invincible Ou
Island Oil .
K. C. Southern
Kelly-S pringf ldd
Kennecott . . . . .
Keystone Tire . . .
Lackawanna Steel
Lehigh Valley ......
L. & N. ..
Maxwell Motor . . . .
Mexican ' Pet. ......
Miami , .
Middle States Oil ..,
Midvale Steel ......
M. K. Sc. T.
Missouri Pac.
Montgomery Ward . .
M. St. P. S, S. M.
U. ASLU
National Lead .......
Nevada Cons. ......
New Haven ........
Norfolk A W. ......
Northern Pac. ......
Noria Scotia Steel. . .
N. Y. Air Brake. .
N. T. Central
Okla. Prod. Kef. .. ..
Ontario A West
Otis Steel
Pacific Oil
Pacific Gas A Elec
Pan-Am. Pet
Penna, ' . .. . .....
People Gas .....
Pere Marquette . .
Philadelphia Co. . . .
Pure Oil ........
Pierce Arrow ....
Pierce Oil ......
Pitta. Coal ...
Pitts. West Vs. .
Kay 'Cons. . . .
Heading . . . .
Reologle Steel
Republic I. A 8
46 .
49
86 H
1 a e
41
103
.J..
93
87
101
120H
118
64 H
44 M
114
46
64 1
123
" '64
43
Ixw
Bid
47H
1
So" '
45
62 H
29
123
6H
43
44 S
47
86
'40
1102
87
100
119
117
63
82 .
46
0
84
67
40
114
3
'68
11
21
28
69
85
"9 " "
82
71
27
95
31
1
13 I
'68'
2
131
13
67
81
41
89
83
bit"
40
114
.38
65 V
37
81
75
13
34
"5
63
21
4
24
40
17
15
158
13
30
2
1
18
ii
19
99
81
. .
11
21
27
69
34."
8
82
71
27
94
80
1
13
67'
130
13
03
87
29
74
is'
a w
83
55
20
8
22
88
17
15
156
13
80
2
18
17
ii
see
19
99
80
31
74
88
'18
33
SS
27
S8&
29
12
78
81
74
88
89
18
33
88
20
58
28
12
72
I 67 I ff
48
28
17
1
1
85
46
53
29
123
21
6
43
8
49
44
49 -
88
9
40
102
29
92
88
100
119
117
3 "4
. 38
98
82 ,
43
89
83
2
67
12
12
14
61
40
114
38
27
66
66
8
11
21
27
59
28 .
86
59
8
81
71
101
28
27
94
23-
30
100
15
1
I 13
J 60
o
14
2
61
ISO ,
18
56
13
87
31
74
21
81
13
69
88
83
4
5
98
13
15
55
20
8
23
39
17
13
55
52
100
5
156
17
18
30
2
18
18
69
11
70
10
19
99
81 - :
87
79
71
3
17 .
18
31
48
74
88
88
18
83 -S3
86
10
58
28
12
78,
27
1 66
The recent f yiancial statement of the
Federal Reserve bank of San Francisco
shows that sold reserves- decreased J8,
228,000 compared with the previous state
ment, but at the same time an increase
of 336,799 is registered - compared with
RESOURCES '
f ' . ' a, ' , , ' 1 b. 25. 1921
Gold end gold certificate . . .' ......... .8 17.375.000
Gold settlement fund. F. R. board......... 29,740.000
uoiu wita foreign- agencies ........... i . .
corresponding week of 1920. The total
resources of the bank also show a loss
compared : with the previous statement
and a gain compared with the same week
of a year ago. The statement reads as
follows : i . .,
Feb 18. 1021
3 17.542,000
82.310,000
Feb. 27, 1020
3 11.1S5.000
29.746.000
Total gold held by bank . ...........
Gold with federal raHerve agent ..........
Gold redemption fund . , . ......... ... .
...(..
. -Total gold reserves .
Legal tender notes. ailTtr, ate ......
Total ' reserves
BUI discounted:-
Secured by government war obligations .
All other,. . ....... j . J .
Bills bought in' open market. ....... .
Total bills on hand ............
V' 8. Government bonds ............
u.- 8. victory notes
U. 8. certificates of indebtedness.
All other earning assets V .. . .
Total earning assets. . . . . . . . i 1 ...... .
Bank premises . ....... . . . .... ... ......
Uncollected items and other deduction from
roes depositai
S Kedemptioo land against K. R. bk. notes .
tjold abroad in custody orr in transit. ......
All other resources .......
,, . 6,190.000
8 47.313.000 6 49.8S2.00O f 48.121.000
,8122.171,000 8129,698.000 8 89.797.000
12,179.000 10,346.000 10.698.000
' n, . , . ,., . tt ..;.:.,.' .:' .
,8181.665.000 n 8189.896.000 8146,816.000
.3 1.973.000 . 3 1.970.000 , 8 223.000
.$183,638,000
,.3 44.230.000
, . 101.089.000
, r 44.825.000;
..3100.144.000
..8 1,822,000
: ii.V4V.060
8203.409.000 .
$ 399.000
37.076.000
663.000
162,0O0
: 440.000
.Total resources
Capital paid in. ........ ,. ,
Surplus .......................
Government deposits
Lrae to members reserve account . .
Deferred 'availability items
Other deposits, including foreign gov.
. .'. .8425.779.000
. LIABILITIES
J.8 - 7.031.000
...... 14.194.000
, . . . ;!. ' 8.099.000
.,...!. 111.163.000
. . . . j. , 20.428.000
credits. 6,254.000
Total gross deposits
F. R. notes in actual circulation. ........ ,i.
V. R. bank notes in circulation, net liability.
All other liabilities .'
J Total liabilities...,
Memorandum:
Contingent liability on
: foreign eorreMpondenta
8149.944.000
8243.143.000
, 8,902.000
2.365.000
j. 8425,779,000
bills purchased for
730.000
im.86C.000
8 40.471.000
100.795.000
46.449.000
r I
187.715.o0o
8 1.822.O00
ii.iiVoo-
8200.653.000
499.000.
42.546.000
I 665,000
162.000
667,000
8436.948,000
8 7.026.000.
14.104, 000'
7.566.000
118.451.000
81.870.000
6.929.000
8158,824,000
8245.983,000
8.965.000
2,456.000
$436,948,000
736,000
$146,830,000
$ BA.4fl8.000
61.101.000
.87.253.000
8104.887.000
$ 2.682.000
- i i, Vs 1.660
$208,650,000
- 231.000
49.160.0O0
665.000
" '21 V.666
3403.758.000
8 5.983.000
7.5H0.0OO
7.0OU.O00
It 1,844. 000
29.010.000
6,480.000
$155,293,000
$228,514,000
11.1)62.000
, 2,316.000
8403-.758.000
WHXKH 1 High lw ( Hid
Hep. Motors ...... t . 19
Koyal Outch Oil.:...... 60. 59 59
Railway Steel Spring. ..... 88
Saxon Motors 4
Sears-Roebuck . . . . . . . . . . 78 77 78
Sliattuck, Ant. ........ . . . . ..... i
Shell T. A T. :-. .... . 8!
Sinclair 23 22 23
Sloes Shef 48"
Southern Pacific . . ..... 76 76 7
Southern Ry 22 21 21
NL L. A S. F 23. 21 22
Strom berg Carl)...., 83
Btudebaker .1......... 0 68 69
Swift A Co. ... i..., 105 103 104
Teenn. Cop. A Chem ..... 8 7 7
Texas Oil . ;.. 41 41 41
Texas Pacific C. AO.... 24 22 24
Too. Products ......... 58 . 54 34
Tran. Cootl. Oil 8 8 8
L'uion Oil Iel... ........ . 20 i
Union Pacific 120 120 120
United ' Alloy 29 28 28
United Drug 98
United Food Prod...... 23 21 22
United Fruit , 103 102 lOH
United Rds. tf N i,,, 12 11 12 -
United Retail Stores. .... . 55 64 54
II. S. Ind. Alcohol 68 87 68
U. 8. Rubber . . . i 67 66 07
TT. s. Smelting......... , .. 82
U. 8. Steel. ........... . 82 81 82
do preferred ..... 109
Utah Copper 50 46 49
Virginia Chemical 84 83 82
Vanadium Steel ........ 85 88 84 ;
Vivandou .............. 6 6 6-
Wabaah . . . . . . . i . ..... 8 '
Wells Fargo 61
Western Union ........ 87 86 87 '
Westinghouse K. A M . . . 46 46 46
West Md. .. 4. ........ . 10 9 10
Willys Overland 7 ; 7 7 $
Wilson Packing 4 41
Wisconsin Central f 81
Woolworth Ill
Worthington Pump...... .......... 48
W. A L. E 9 9 9
w York-Londoa SllTer '
New York. March 3. -(I N. 8.) Tommer
rial domestic bar silver, unchanged today at
DDK: foreian T higher it. SCi.
Ijondon, March 8. L N. 8.) Bar ailver
was d higher today at 81 d.
New York. Metal Market
New Tork March 8. ?I. N. S.) Copper
Dull. Spot,' March and April, offered. 12.15.
Iad Firm; spot. March and April, offered,
. ' Spelter Dull: spot. March and April, offered,
4.85.
FOREIOY EXCHANGE RATES
Corrected daily by the foreign exchange de
partment of the United States National bank.
Uuotationa below, except the pound strrlms.
are quoted on the basis of 100 utuia forewn
currency.
Opening nominal rate
Draft
London Clieck.
Lbs. 'Wrling.f S.KHft
Parts Praiu-a. .
Berlin Marks. .
Genoa Lire. , .
Athens
Drachmas . . .
Copenhagen-
Kroner . . . .
Chmtiania
Kroner . . . .
Stockholm .
kroner . . . .
Hongkong .
Currency ,
Japan Yet , .
Shanghai
Tacla ...
7.10
1.H
S.ttS 1
7.60
17.60
16.80
22.33
46.00
4. SO
61.00
on hank
Cable
Trsnnfer.'
$ 8. 89
1 7.16
1.H1
8.83
7.70.
17.65
16.83
22. 4
4 6 50
4 0.OO
61.56
trsnsartmns:
Psr
Vslue
$
2.H 8 I
10.30
10.30
28.70
20.70
36.70
SHORT TERM NOTES ;
Quotations furuUhed by Clark. KeodaD
ine.
Seenrtty.
Am.
Am.
Am.
Am.
Cot. Oil s. ,
T AT. W. .
T. A T. 6s. .
Thread 8s, . . ,
Tob. 7s. . . .
Am.' Tob. 7a
Am. Tub. 7s
Am.. Tub. 7s . . . ....
Anglo Am. Oil 7 .
Armour Conv. 7s, . .
Belgian Gov. 7 s. .
Belgisn Gov. 0s ...
Belgian Gov 6. . .
Beth. Steel 7
Beth Steel 7 , . : . .
Briti-h Cot. 5 . ,
IlriUsh Gov. 6 s. ..
Caiistlian lov, 5s.
Canadian Gpv. 5s.
CmUhy Parking 7s.
Inter. R. T. 7s
Jsimneiw Gov. 4s.
Kennermt Op. 7s.
I.lgg. Mvers Tob.
Muline Plow 7s. .
Mollne Plow 7s. .
Moline Plow 7, .
Mnlinf Plow 7s. .
Nor. Pac. Euuip.
Pacific aa 7s. .
Hwift 6s .-
U. 8. Rubber 7s
Msturity.
. 0-2-24
. 1B-I-22
. 2-1-24
. 12-1-28
.11-1-20
.11-1-21
. 1 1-1-2 J
. 11-1-28
. 4-1-23
.7-15 80
. 6-1-45
. 1-1-21
. 1-1-25
.7-16-2 2
.7-15 23
.11-1-21
.11-1-22
. 81-21
, 8-1-20
.7-15-2H
. 0-1 21
.7-10-25
2-1-80
.12-1-21
, . . .1 9-1-21
, . . . 9-1-22
.0-1-23
0-1-24
7s. .5-15 22
6-1-25
. . . .8-15-21
12-1-23
Us,
Bid
8 4i
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T . T 1 f A 40-p3ge hook
leXt DOOK 01 crammed full of
W 11 C .information for
II all MrCGlthe investor and
1921 Edition! stock trader.
Copies FREE No Obligation
McCall & Riley Co., Inc.
20 Broad St. New York
nn
III!
QUR BOND DEPARTMENT is
equipped to give the same reliable, effi
cient and courteous service in investment mat
ters, which characterizes the service of every
department of this bank.
Our offerings include the highest type of gov
ernment, municipal and corporation securities.
III DESTV
El ll S I INTMC
I'Vr-s it, m v . - KfS :-v.i
8?
iir 1
1
s1 S
4crw'
MX
n i r
'11 I ; II,' 1 ,i I
I' I I l f l I
s ! p' lld wpapvM AJ-r
Saturday Night Banking
GETTING the pay check safe- '
ly banked before the temp
tation to spend' becomes too
great is half the success of
saving. . ;
The Savings Department of the
United States National is open from " 1 '
6 until 8 'on Saturday evenings . to .
enable you make savings out of
your qarnings. ; ;
Th Interest Keeps You Interested ,!
' - j .
"One of the Northwest's Great Banks"
Tr4
United Stales
National Banlo
Siprth and Starlo
Oregon Municipal Bonds
Backed by the wealth, credit, , taxing
! power and good faith of several regions..
Income' Tax Exempt
Yields to 3V2
Rate
5
City of Astoria . . . . ............
Mapfewood Water District (Mulfcno
' mah County) ..............
BeaTerton Imps. . . ....'.,....;.. 6
Kainier Uramaje District. 6V
Dae -1922-28
1930-39
1925-29
1925-40
Yield
6 '
6 '
6H
j $25,000
PORT OF COOS BAY
OREGON
j sy2 BONDS
Dated January 1, 1920 Due January 1, 1940 -
PRICE TO NET 6
CALIFORNIA ASSOCIATED RAIS
Addresa.
Fresno, California
"RODEHTSO?! tt E'1K5
- i Membership 10.000 ci
City.
.State.
Broadway and Oalc
powers