THIS OKLGON DAILY JOURNAL, PORTLAND, OREGON
TUESDAY, JUND 1,
f r
A - - A.
ERRATIC SWING TO PRICES IS SHOWN IN THE STOCK, MARKET
COMMODITY TRADE
OF THE NATION
New York The Manhattan brick
handler have accepted a wage cut
from $1 to 80 cents a thousand and
have returned to work. ! : Common
Hudson brick la selling at $14.
wholesale base.' Wood lath i&muoted
at $10.60 delivered, a cut of $1.60
from previous figures. ; - .f
Fort Worth TexasLumber has taken
an advance tn the Southwest in the last
- week. .
. FAINTS -
, New "fork Unseed oil, which could
be obtained In this market in March at
?a rents a eallon In lots of over five
barrels, has advanced to 80 cents and is
irons uiki. usurc -PHCflS
AKD CHEMICALS
' St. Paul, Minn. Increased volume
Compared with previous sales is . re
ported tn the drug and chemical trade.
Collections are fair only.
New York--Slzeable but conservative
orders now are coming In to the fur
'manufacturers. Staple Hudson seal coats
in 40-inch lengths are reported to have
been bought in quantity. Among the
wraps ordered, 45 and 48-inch 'lengths in
Hudson seal with contrasting collars
of ' squirrel or caracul are said to be
favored, r
MACHINERY
Chicago Pla'Ats : of. the International
Harvester company are all but closed.
Every square inch, of available space
has ' been used for storage of finished
products. - In Racine and Kenosha, open
fields are . being used for storage of
farm tractors and other machinery.
oils . . -; ' -' .
Bakersf ield. Cat The opening of im
portant oil wells in the new Poso dis
trict in the last few days by Standard
Oil and other companies, indicates a de
cided widening out of the oil belt, ac
cording to experts.- V-:; .""" j
JKWELBT .
New -York Silverware sales are on
the increase, the trade,expecting a pros
perous June, followed by a normal fall
tions will be necessary, however., be
cause of large stocks on hand.
HATS '
New York Practically all the manu
facturers of felt and stiff hats in
New York, Orange. Danbury and Nor
walk are signing wage agreements tor
the coming year at prevailing piece
rates, according to' Martin Lawler, sec
retary of the United Hatters of North
America, today. The only negotiations
now going on. he1 said, were on piece
rates for grades of hats not previously
manufactured. ;
MILLINERY : :
New York The run of late on sport
hats of various purple hues is .held by
big buyers to be due to the fact that,
much of the season's sport clothing of
tweeds," ". homespuns ; and ' other rough
-weaves has distinct tinges of - purple
even though these shades may not stand
New Corporation
To . Take Care of .
Unclaimed oGods
5w York, Jsse It. It fa expect
ed that officers' of the eorporatloa
to be formed for - tka psrpose of
taking over aed disposing of alt
claimed and rejected merchandise
pow lying la Sestfc iAmerlcaB ports
will be aamed wltsla the next week.
The aetaal work of llqaldatiag the
goods - aader the so-called t Finch
plan will . thea . proceed Immediately,
as a large qsaatlty ; of merchandise
Is aow lying la a state of rapid de
terloratlos. These goods represent a
total valse of, between ' liMOO.tflo
and f 6,0,M. ;
out prominently at first glance.
HIDES ,
Chicago Recent trading in packer
hides while not active has been firm to
advancing prices.; 5 Foreign hides . have
not been active because of unfavorable
shipping conditions to the River Plate
and a closely cold up market there for
frlgorlflce and , other hides.
LEATHER .
Philadelphia Clear . bends, ; scoured
and bloom are wanted In the sole leather
trade at 80 to 88 cents for scoured and
80 to 84 cents for bloom. Choice scoured
backs are quoted at 66 to 68 cents with
sales below the circular- prices. Hem
lock sole is quiet at 35 to 36 cents..
Oil Prices Are in
Big Slump Again
Pittsburg, June 14. Announcement
was made here today that the Texas
company had put , Into effect a quota
tion of. 80 cents a barrel for all' Gulf
Coast and Caddo heavy crude oils. This
Is a reduction of 20 cents- a barrel. The
Joseph Seep purchasing agency here,
Standard Oil headquarters, stated to
day that,- effective at 10 - o'clock, the
price of ; crude oil at the wells would
be reduced 25 cents per barrel on the
six best grades, i The new prices will
be : Pennsylvania, : $2.75 ; Corning,
$1.65 ;. Cabell, $1.56 ; Somerset, heavy,
$L35; Somerset, light, $1.55; Ragland,
$1. The i new price for ; Pennsylvania
crude today is the lowest- since 1916 ;
$2.75 was high and $2.25 was low price
for that year. , s
Kew York Bond Market
(Furnished by Overbeck 4k Cooke Co.)
Bid. A iked.
Atchfeon Cent 4s T3 V 73
R.lt. A Ohio Gold ........ 64 65 ,
Beth. Steel Re. 5 .. 81 S3
Cent. Pacific 1st 4s. 7014 70
C. B. & Q. CoL 47. ....... 9472 9484
fit. I'sul tienl., 4 s.. ....... 65 H 66
Chi. N. W. Gent. 4s.; ,. 71 7
I.. N. Cni. 4s.. .......... 78 81
New Tork By. R. . J 20 21
North. Psc P. U 4s 73H 74
Reading tienl. 4s. .J ; 72 73
Union Psc 1st 4s 78 78
V. S. Steel 5s. ............. 94 94
I nion Psc. 1st Ref. s. 73 73
South. Pae. Conr. 6. ...... . 84 81)
Sonth. Psc. Conr.' 4s. ...... . 76 76
Penn. Con. 4 .... 85 . .
Penn. 1 4 a. . 95 96
Ches. & Ohio Conr. 5s. ..... . 8.1 81v4
Or. Short Una 4s. i. ....... 79 79
IIIVIDUA LHOMES
TO AID SHORTAGE
New York. June 14. Housing
shortage throughout the ' country
must find their first relief "ln the
building o rrndividual homes, accord
ing to a statement by Allan ; Robin
son, president of the City and Sub
urban Homes company.
He declared i 'that -people who have
saved : a moderate amount, of money
are In a position to .obtain homes built
for them on an easy payment " plan.
Multi-family houses, 'however, j be ' de
clared, cannot under present conditions
be put, up to rent to people of mod
erate means in this vicinity. "If - we
could get our building costs geared to
the $3500 house," he eaid, "such ; a
large number of "them would be pur
chased , that rents would fall."
The 1 most encouraging' . feature to
me," Bald President Curran of the bor
ough of Manhattan, "is that the plans
filed since February 25 will provide for
7559 families in little houses as against
5720" in apartments."
FOREIGN EXCHANGE BATES
Corrected daily by the fore i en exchange de
partment of the United States National bank.
Quotations below, except the pound starling,
are quoted on tha baaia of 100 tuuta foreign
currency. "
Openinc nominal rates on bank transactions:
. Draft :. Cable ; Pat
London . Checks. Transfers. Value.
Lbs. sterHns.. 3.75 $ 3.76 $ 4.8
Paria Franca... 7.94 7.95 19.08
Berlin Marks.. . 1.41 1.41 19.03
Genoa Lire. .... 5.10 6.11 i 10.30
Athens ' '
0.1 2
Drachmas. . .
Conenhaaen '
Kroner 4.. 16.85
Chrwtia nisi
Kroner . 14.40
Stockholm ;
Kroner...... 22.23
Hongkong
Currency.,, 60.50:
Japan Ten. . i . 48.00
Shanghai Taela. 67.00 !
6.17
17.00
14.45
22.30
51.00
48.25
67.25
19.40
26.70
26.70
26.70
SHORT TERM NOTES
Quotations furnished by Clark-Ken lall Co.
Security. , Maturity.
Am. Cotton Oil -2-24
Am. T. Jc T. 6s....
Am. T. A T. 6s...
Am. Thread 6s.....
Am. Tobacco 7a . ...
Am. Tobacco 7a. .
Am. Tobacco 7s. . . .
Anglo. Am. Oil 7s.
Armour ConT. 7s j..
Bid. Asked.
89 ' 89
.10-1-22 96 , 7
. 2-1-24 94 95
.12-1-28 88 90
.11-1-21 99 100
.11-1-22 lOO
.11-1-23 99 99
. 4'-t-25 98 99
7-15-30 , 94 94
Belgian Gov. 7 a 6-1-45 98 98
Belgian Go. 6s. ... . 1-1-25 91 92
Betlil m Steel 7s -15-22 98 99
Bethl'm Steel 7s. . . .T-15-23 9 98
Dritiih Got. 5s 11-1-21 99 99
BritMh Got. 5 s. . 1 1-1-22 97 97
Canadian GdV. 8 a.. 8-1-21 .99 99
Canadian Got. ,8 a.. 8-1-29 90 91
Cudahy Parking 7at. 7-15-23 99 100
Inter. R. T. 7a..... 0-1-21 71 72,
Japanese Got. 4 s.. 7 10-25 84 85
Kennecott Cop. 7s... 2-1-30 90 90
Ligg. Myers Tob. 6a.. 13-1-21 ....
Molina Plow 7a 9-1-21 ...
Molina Plow 7s..... 9-1-22 ...
Molina Plow 7s..... 9-1-23 . . ; .
Moline Plow 7s..... 9-1-24
Nor. Pae. Exp. 7s. - .5-15-22 92
Pacific Gas 7s...... 5-1-25 9.1
Swft. 6a i... 8-15-21 99
U. 8. Rubber 7s 12-1-23 974
, Though It Is bots, acid and waterproof,
a miner's cap Invented by a California:!
weighs only nine ounces, i ,
9i
94
92
90
" 95
99.
W. Lk Thompson, vice-president of the
First National bank, is today attending
a conference in Chicago which is being
held between Eastern and Western bank
ers to discuss the proposed 150,000,000
pool for making loans to the livestock
industry. It is reported that Eastern
bankers have agreed to raise one-half
of the amount. It is expected at this
meeting that the bankers of Chicago and
other Western cities will agree to raise
a like amount.
C. F. Adams. : vice-president . of the
First National bank, who is on a busi
ness trip to Southern Oregon, is expected
to return to the city the last - of the
week.
" E, ' C. Sammons, assistant cashier of
the United States National bank, after
an absence of several days attending
state bankers conventions in Tacoma
and ' Boise, will be at his desk again
Thursday. - - ;
- Foreign Boad Market
Furniahed by Orerbeck & Cook
Russian 5 1021 ......... .
Russian 5a 1926.
Russian 6s 1910
French 5s 1931 , . . . .
French 4 a 1 91 7 ........... ;
French 5a 1920
Italian 5s 191H ........... .
British 6s .1922 ...........
British 6s 1927......
British 5a 1929.
British Tky. 4s. ,
British ref. 4s .
Belgium rest 5 .
Belgium prem. 5s ,
German W. L. 6s
Berlin 4s ......
Hamburg 4 . . .
Hamburg 4a
Leipsig 4 a
Tipaig 5a .............
Munich 4s........'.....
Munich 5a .............
Frankfort 4s ...........
Jap 4s
Jap let 4s ......... k
Jap 2d 4 s .
ParH sixes ... ..........
IT. K. 5a 1921........
U. K. S a 1922........
U. K. 6a 1929
U. K. 5s 1937.
Bid.
13 '
4
1.1
62
49 S
73
36
872
363
863
284
262
66
70
10
10
13
13
13
13
13
14
13
68
84
84
93
99
- 97
87
84
Co.
- Ak.
i !
18 ;1
'I 64 -
50 ;
74
37
882
373
373 ,
294 !
272 i
: 69 i
78
11
12
,14
13
14
14
14
16 ,
14
69 ;
-85 !
" 85 f
99;
, 99
97
87
J 84,
CI.
Monday
Tuesday
Clearings,
Balances,
PACIFIC COAST IftlKK STATEMENT
; Portland Banks
Thu Week. Tear Ago.
7.809.O44.10 8 7.400.982.19
, .. 3,184,0at).01 S.UB3.4UU.4V
Spokane Banks
Tuesday 8 1.424.199.00
Tuesday 350.596.00
Taooma Banks
Clearings. Tuesday . 8 787.224.00
Balance, Tuesday 49.943.00
aula Banks !
Clearings. Tuesday .....8 5,4 31,947.00
Balances. Tuesday. .......... 1,378,735.00
San Francisco Banks
Clearings, Tuesday - 819,300,000.00
Lea Annates Banks i
Clearings. Tuesday. . . . .. .816,084,915.00
.:.- ;'
Liberty Bond Sales -
by O'er beck & Cooke company:
High. Ixw. nosel
a ......... 8858 8830
4a . . . .
4s......... 8690
4 a . ..... 8792
4a ....
4a ....
4a ....
S .......
s ...... .
Reported
Liberty, 3
Liberty, 1st
Liberty, 2d
Liberty, 1st
Liberty, 2d
Liberty, '3d
Liberty. 4th
Victory, 4
Victory. 8
8664
8742
8690' 8670
9156 9148
8710 8690
9840 9834 , 9834
9840 983S 9834
8840
8760
8664
8780
868Q
9142
8703
DROP EVERYTHING
Not to Go "Over the Top"
But Go to The Auditorium
For a Good Time at the
: : Big
-' - '.'-...
EflOLLE
; . . .. i . . . i . . . .- v
Benefit Disabled Veterans of the World War
! I -I ' . ,
j AUSPICES DISABLED VETERANS' AUXILIARY
I ALL FUNDS GO TO THE MEN
Municipal Auditorium Tonight at 8:30
Lew Cody
In Person
Act From Hippodrome '
Ben Scovell -
Dramatic Impersonations . '
Mignon Chorus
35 Womens Voices
Ella Hoberg Tripp, Conductor
ALL
FOR
ALL TALENT GRATIS
S:
Trixie Fr iganza
The Inimitable "
2 Other Orpheum Acts
Act From Ptintages
Orchestra
: Direction George E. Jcffery
Other :Big-Time Acts
DANCING JN THE WINGS
Gome!
ENTIRE PROCEEDS GO TO DISABLED VETERANS
Tonight
H.P. AND GREAT :
- NORTHERN SLIDE
New Tork, June 14. (L N. S- The.
stock market closed Irregular today. An
other , selling - movement t unsettled the
market in the last hour. ; bear drives
forcing; Mexican Petroleum 'down over 5
points to 1294 but later rallied to 130.
Northern Pacific was in demand, moving
up to 6 4 M and Great ' Northern rallied
nearly. 4 points to 62. - :- ' . -
United States Steel Veaeted half to
76 and Crucible fell ,2 points to 55.
Studebaker, after selfing up to 77,
dropped to '75. Inter.l Paper waa weak,
falling over 2 points to 54 and Royal
Dutch 'was In supply, i declining - over - X
point to 54. j i
i Government bonds, ' unchanged t rail
way and other bonds, irregular.
. Total i sales today, , 833,100 shares ;
bonds. 11131,000. 1 ,' ,
J New ; .Tork ' June 14. ( L i N. S- The
stock market waa Irregular In the trad
ing early this morning and price changes
were less violent. 1 -
Mexican Petroleum traa off at 182 ti.
Royal Dutch declined to ,58V4. lUadin
TOM H to 66. Crucible declined H to
05 H. U. B. Steel declined to 7S. BtAde
baker rose to 75, "and Northern Pacific
adranced to 94.
FoUowirg tfaa duplar of atreneth tba market
became hear? aeain because of renewed offer
inea of Northern Pacific ; and Great Northern
preferred. . the latter, after rallying to 61 ,
yielded to 60, a new low for recent years, and
Northern Pacific reacted from 63 to 61.
New York Central waa also in rapply. fallinc 2
pointa to 65 H. and other railroad atocka were
established at lower lerela. ,-
V.. 8. Steel, after rallyini to IT9 . sold off
again to-75. Kelly-Sprinsf ield Tire reflected
luiuidatioD and fell itH poinU ta 88 Mexi
can Petroleum, after ita rally to 132 4 , reacted
to 1 S 1 . Famous Playcra was again in aui
ply, dropping 2 hi, pointa to 58. American Sugar
Refining also was under pressure and sold off
nearly 2 points to T2H.
Increased strength waa shown in the stock
. aiarket in the late afternoon, when many isMies
made further substantial gaina and altogether
the market was one of adraneing tendency with
the demanda increasing, higher prices being
established. Coscden company rose 6 points to
82. Mexican Petroleum sold at L33S;
Northern Pacific adranced to 65.' Beading con
tinued its upward movement, selling at 68 4s.
V. 8. Steel adranced to liSW.
Furnished by Over beck V Cooke Co.,
of Trade building : 1
Board
Stock.
HUM I
200
600
500
Advance Hum
do ' Did. . .
Agr.-Cbem. ..
do Did. . .
AJax Rubber
Alaska Cold
3200Mlaska Juneau
1000
100
1500
. 800
1300
"isoo
TOO
500
100
,1400
"3466
14001
"sod
Tiood
2000
2100
1000
h 300
- 600
13000
280O
1900
1400
-500
17200
1400
100
800
200
"il60
15800
'ooOO1
100
13900
200
600
i 300
i 200
120
400
2100
100
1600
1800
600
1100
1100
Aliis-Chalrnera
do pfd. ......
Am. Beet Sugar...
Am. Bosch .......
Am. Can Co. . . . .
do pfd. ......
Am. . Car & Fdy . .
do pfd. ......
Am. Cot. Oil .... .
I Am. Drug Synd. . . .
Allied. Chem. ....
Am. H. aV Lea-...
: dO Pfd. ......
Am. Ice .........
Am. IntL Corp. . . .
Am. Linseed
do pfd.
Am. Loco. .......
do pfd. ......
Am. Saf. Kaxor. . . .
Am. . Ship 4b Com.
Am, Smelter . . . .
- do pfd. ......
Am. Snuff . . . . . .
Am. Steel Fdy....
Am. Sugar ......
- do pfd. ......
Am. Sumatra . . . .
Am. Tel. aV TeL . . .
Am. Tobacco ....
do 'B" .......
Wool
do cfd. . . . .'. . .
Am. V. - P.. vpfi . .
Anaconda .......
Ass'd Oil .......
Atchison ........
do pfd.' .......
Atl. Coast lane . . .
AO. Gulf & W. I. .
Baldwin Loco. ....
do in d. .......
Bait. A Ohio. ....
do l'f d. .......
Beth. Steel ,,B" ...
rsh
T. .
O.'- wk 2
A Hap
ou
Packing ....
I'et.
pfd.
Booth
B. B..
Butte
Butte
Caddo
Calif.
Calif.
do
Canadian Pac . . . .
Cent. Leather . . . .
Cerro De Pasco. . . .
Chandler Motor . . .
Tiicgo 4b N. W. ..
Chgo. Gt W....'..
1001 do pfd. .......
ISOOIChiU Cop. .......
400Ctuno
1000C M. St. P......
3000 do pfd. .......
300Coca Cola ........
28001C. O
.....icokx. r: i......
t 600Oolo. Southern
"L 900 CoL Gas as Klpc . . .
800 Columbia Graph. . .
. . . . . Con. Gas ........
100 Cons. Cigars .....
. . . . . do pfd. .......
200 ContX Can
200ContL Candy .....
4100 Corn Prod. ......
..... do pfd. ...... .
31000 Cosdea Oil
6800 G. R. L P. . .
60O do 'A' pfd....
800 do "B" pfd. . . .
14000 Crucible
. .... I do pfd. .......
2400 Cube Can . . . . . .
4700 do pfd.
1800Cuban Amn.' Sugar.
S00DeL aV Hudson....
300 Dome Mines . . . . .
a 4s R. G
1200 do pfd.
4208Endicoti Johnson..
1000 Erie
5001 1 do 1st pfd . . . . .
,.... do 2nd pfd.....
6400Famotu Plsyers. . .
iuv iea. J. as d. via.
2300
200
1200
1100
Fiak Tire
Gaston Wms. . . . .
Gen. Cigars . . . . .
Gen. Elec. ...... .
Gen., Motor . . .
Gen. Motor 6 . .
. iGoodyear
4 2000 Uen. Asphalt ', . , .
4100 ioodnca ... . . . . ,
i , . Granby i ....... .
800 Great Nor. Ore. . ,
13700) do pfd. .......
. . . . . (Greene cananes,. ,
. 300Gulf S. Steel.,..,
600 Hupp Motor .... .
2900 Houston Oil ......
100 j Illinois Central . . ,
800ilnspirstion ......
200 Int. Agr. Corp. c. .
200 o pfd. .......
400ilnrterboci ......
500 do pfd .......
- 600 Interstate Callahan
600 Ink Harr ,
200 Int. Mer. Marine. .
400 do pfd. .......
1800 Int. Nickel ......
900 Int. Paper, ......
100) do pfd. ......
1 1 OO Iorincible Oil . .
4000!bland Oil
Jewel 'Tea .......
1600 K. C-Southern. ..
100!K. C. .Sou. pfd..
4T0O!Keuy-Snringfield .
11400! Kennecott .......
20001 Keystone Tire....
200Lck Steel ...... .
1 300Lehigh Valley . ... .
400Lrillard ........
1300L.aV N.........
600MaxweH Motor.-...
: iVVI I o l nu. . . .' .
I da 2d pfd......
53400 Met. Pet.......
Miami . . . .. . , . -.
SOOIMiddle States Oil
.' 1900iMidTle 8tel....
400SM. K. aV T. . . .
1400,Mont. Power
. . . . .
....).
39 )
'26H
H
33 j
'28'f
88 H
28
i25
5
40
11
01
88
2t
82T
5'
84
a li.
72 V
104
27
-. i.
58
104
128
123
71
Z9
91 i
80
76H
29
13
38
53 H
hk
10 H
4H
12
12H
67
44H
73 .
111,!
87
26 HJ
2
64
IT
10
24
26
40
27
6
83
65
6
48
1
65
3400
1600
3100
. .... I
800
, 600
300
Mo. Pae
do pfd. .......
Mont. Ward
M. St. P.. A S. S. M
M. a, St Li. .... ,
Nat. Kmunet. . . . .
Nat. Lead.. .....
Nevada Ota . . . . .
83
31
72 i
62 1
57
10
31
16
93
17 i
- at
1
63
12
18
62
12
1
126
10
58
34
27
63
81
11
65
89
83
8
10
4
87
12
61
15
66
14 "
3
24
"iT
20 !
12
40 T
60
150 j
108
3
,8
186
21
11
23
2
48
20
89
20
'ii
61
39
'25
1
83
"27"
37
27
124
"4
39
11
50
"s
21
79
; 5 :
8
88
71
103
27
72
56
104
122
121
74
88
97
79
78
27
73
36
51
. 4
10
4
12 .
12
66
48
73
110
35
26
61
62
1
17
10
23
25
38
27
63
a
88
55
: 5
48
1
63
28
80
71
61
64
a
t 9
29
16
93
16
"i
62
12
18
59
12
1
. a)
124
-
55
31
I'
26
60
81
11
62
89
83
8
9
" 4
86
12
60
14
64
'HM
3
23
'88
19
11
39
49
149
107
8
129
20
11
23
2
46
19
37
18
19
51
10
16
93
1
24
rBid
12
42
38
; 1
82
72
27
38
2
78 4
123 Mi
109
17
5
39
11
51
52
88
22
60
81
98
5
' 8
39
72
103
27
73
91
66
104
122
121
75
95
29
88
97
79
76
84
26
74
93
38
50
52
4
10
4
12
12
57
48
7a
110
86
26
61
64
7
16
10
24
25
89
27
65
26
33
63
5
85
68
48
1
65
92 '
81
81
71
62 -55
83
10
30
16
94
17
,
1
62
12
18
13
61
22
12
1
B5
125
9
62
7
56
82
19
27
63
22
80
11
63
89
33
7
88
8
x 9
4
87
12
60
14
64
90
13
3
8
24
50
87
19
11
40
49 V
149
107-
3
3
1 U
129
21
11
23
2
46
20
88
19
1
10
60
75
10
17
94 .
65
24-
&ales Stock.' liigt. Low 1 Biil
100-N. T. Air Brake..! 61 i 61 ( 61
8200.N. T. Central. .... 67 63 66
4700 OUa. Prod. ref.... 2 2 2
200 Ontario SUrer 4 4 4 4
Ontario a W...;. .......... 17
SOOrOtis Steel 10 10 10
14200lPaeifie Oil ...... 88 36 37
8 00 Pac Gas aVElec. . 62 51 62
20400 Pan Am. Pet.. .. .. 65 62 58
18000 do ...... 50 48 48
2700 Penn. . . .. .. .... 84 33 88
800 Peoples Gas .... . 49 48 48
' 1500 Pr Marquette .... 20 19 19
800 Philadelphia Co. .. . 80 30 30
2500 Pure-Oil ........ 29 26 28 .
10200 Pierce Arrow .... . .21 19 20
900 Pierce Oil f 8 7 7
200 Pitts. Coal ..... . 57 87 57
..... Pitts. A .W.T.. 27
11400 Pullman ........ 94 89 91
700 Ray Cons. ...... i 18 12 12
5 800) Reading ........ 68 66 67
- 800 Remington ....... 19 18 19
' 400 ReptogU Steel..... 28 22 28
2 600 Rep. I t 8...... 48 46 47
800 Rep. Motors ..... 14 14 14
6700 Royal Dutch Oil. .. 56 64 54
400 Ry. Steel Spg.. ., . 79 79 79 j
..... S. O... Ind. 64 .
6100 Sears Roebuck ., . 78 75 77 f
100 Shattuck, ArU. ... 6 6 6
400 Shell T. eV T. ..... 42 42 42,
j 2700SincUir ........ 28 21 22
, 200 81osa Shef, ...... 33 84 85 '
4800 South. Pacific..... 78 71 72
600 South. Ry. ...... 19 19 19
500 do pfd. ...... . 44 48 44'
1500 St. L. A S. P. . . . 23 22 22
500 Stromberg Carb. . . 36 . 33 83
76200 8tudebaker ....... 77 75 75
..i .wift eV-Co.i . . . . . 91
500 Tenn. Copp. A Ch. 8 7 8
1750O Texas Oil ....... 84 88 88
9 OO Texas Pacific ... . 22 21 22
2OO0 Tex. Pac O. & O. 24 22 28
2000 Tob.' Products .... 56 54 65
600 Tran. Contl. OU. . 8 7 8
1000 Union Oil Del, ... 20 19 20
1800 Union raoif ie . . . . 117 . 115 116
200 United Alloy ..... 23 28 23
. 200 United Drug .... . 90 89 89
12O0 TTnited Food Prod.. 19 18 18
800 United Fruit 106 108 106
. . . United Rds. of K. J. ...... . . .... . ie
do pfd. ....... ..... . . . . . 20
5700 United Retail Stores 57 53 .58
6700 Uv 8. Ind. Alcohol. 56 63 53
15400 V. B. Rub. , , , , . i 60 67 69
700 do pfd. 93 94 93
200 U.S. Smelting.. . . 81 ,81 81
44500 U. S.-Steel. ...... 76 75 76
100 do pfd. ...... . , 106
2000 Utah Copper .... . 60 60 50
110O Va. Chem. ...... 27 26 27.
1900 Vanadium Steel . . 80 27 28
600 ViTsndou 7 , 7 7
200 Wabash ......... 7 7 7
600 do A pfd. 20 20 20
100 o B pfd. .... 18 18 13
600 Wells Fargo 53 52 54 !
800 Western Pac ..... 25 25 23
200 Western Union . . . 87 87 87
100 Westinghouse A. B. 91 91 91
' 100 Westinzhouse E.AM. 45 43 44
; 300 West Md. .....". lO 9
1500 White Motors . ... 84 88 84
. 2300 WiUysOTeriand . . . 7 7 7
200 do pfd.. ...... 83 33 32
300 Wilson Packing ... ... 85:
..... Wisconsin Central . , ..... ..... 28 :
Wootworth ..... .....Jll2
700 Worthington Pump. 45 I 4.V 45
300 W. A L. E. ... . . 9 8 9
Standard Oil Stocks
A nglo - v......,. .
Borne Scrysmer ........
Buckeye . . '. . . .......
Cheesebrouch . ........
Cheesebrough, pfd. . . .
Continental . . . .
Crescent . . . .
Cumberland .........
Kureka . ............
Galena, c. ............
Galena Old, pfd ........
Galena New, pfd .......
Ill ncis Pipe
Indiana Pipe
National Transit .......
N. T. Transit .........
Northern Pipe ........
Ohio Oil ............
Inter'! Pete.............
Penn.' Mex. ..........
Prairie Oil ...... J ... .
Prairie Pipe ..........
Solar Reg. . . . . . . . . . .
Southern Pipe ........
South Penn Oil, ex-drr..
8. W. . Penn Oil ......
8. O. Calif. . . . . , ..
8. O. Ind .............
8. O. Kansas : .
S. O. Kentucky, ex-dir . .
8. O. . N. IT.. . ...........
8. O. Ohio . ..........
8. O. Otiio pfd ........
Swsn A Finch ........
Vscnum . ...........
Washington . ........
8. O. Nebraska ........
Imperial Oil ..........
Closing
Bid. Asked.
15 16
350 ' 875
71 " 73
170 . 180
96 10O
100 - 105
27 29
110 125
75 80
80 83
88 ' 93
87 92
145 153
. 70 72 '
24 25
120 180
88 92
245 -250
13 14 ,
22 - 25
460 470 ,
160 165
350 370
75 78
165 180
53 57
; 73 74
66 68
650 675 .
385 . 400
803 807
360 880
108 lit
80 40
255 265 :
25' ' 80 i
130 140
89 91 -
Money and Exchange
New Tork, June 14. (I. N. 8.) Csll money
on the floor of the New Tork stock exchange to
day ruled at 6 per cent; high. 6 per cent; low,
5 per cent. Time money -was steady. Rates
wera 67 per cent. The market for prime
mercantile paper waa steady.
Call money in London today was ' 4 per
cent. Sterling exchange was steady, with busi-
ln bankers' bills at 83.70 lor demand.
Prof. W. D. Wallis
Is Named as New
Instructor at Reed
W, D. Wallla, ' summer session lec
turer for the University of California,
has been announced assistant profpssv
of political and so
cial institutions at
Reed college for
the - coming year.
Professor Wallla
was a Rhodes
scholar from Mary
land, in 1907, , and
after receiving the
research degree
from Oxford in
1910, took his doc
torate at the Uni
versity of Pennsyl
vania. : ' i
- The election of
Dr. Wallis follows
the recruiting trip
of President R. F.
Scholz, which included visits at a dosen
of the country's leading educational Institutions.-
i Professor Wallla is the third
faculty member to join the Reed staff
as a result of Dr. Schola' trip. Presi
dent E. O. Sisson of the University, of
Montana coming to assume the chair of
philosophy, and V.; Lk q. Chlttlck of the
University of Washington having been
announced "the professor of English, j
Dr., Wallis was graduated from Dick
inson college in 1907, and In 1910 took
his master's degree there. He -was a
resident of Wad ham college while at
Oxford, and there won his degree in
anthropology; He was awarded the Har
rison fellowship In anthropology at the
University of Pennsylvania in 1911, and
became Ph.; D. in'modern philosophy in
1915. He was instructor and lecturer at
Pennsylvania, - Columbia and the Uni
versity of California at different times
in the past-five years. ' . . I .
Dr. Wallis-was engaged "in American
ization "work during the war and . he
has' contributed a score of articles to
scientific and philosophical journals.
- - ,. Hot Ijake Arrivals
Hot Lake June 14. -Arrivals at Hot
Lake sanatorium Saturday were: : Leal
H. Russell, La Grande ; Florence Gard
ner, Portland ; W. H. Cox, Mr. andMra
W. R Pierce, Miss Helen Pierce. Miss
Margaret Pierce and Mrs. Evans. Boise;
H. G. Nelson, Edmonton, Alberta.
. Tfew Tork Potato Market
New Tork. June 14. (I. V. 8.) PoUtoea
Receipts 59 cars. Nor. whites, 80 95c; new
Louisiana - Triumphs, 82.73; Virginia, 84.00
4.25.
Farmers Will lists
Sandy. Or., June 14. Farmers are already
wishing for a sosking rain, as the ground is too
dry for kale planting. ...
157 Autos Encamped
Daily Average Is 100
A record mark of 157 automobiles in
camp was attained by the municipal
auto camp ground . opposite Peninsula
park Saturday and Sunday. The sum
mer' season gives promise of a most ex
tensive use of this accommodation to
tourists. Recently the daily average has
been 100 auto parties, and they represent
visitors - from many : states. , Commis
sioner Pier is planning for an- extension
of accommodations where facilities have
been . found . rather . inadequate, and if
necessary more land can be acquired for
camp purposes.
Worker Is Killed In Tillamook Mill
Tillamook, June 14. Everett Boothby,
20 years , of age, was killed at the A. F.
Coast sawmill at Tillamook City Mon
day morning. He had been at work less
than an hour when his arm was caught
in the gear under the cut-Off tables.
$25 a Day Off Until Sold
ltl8 Chandler Tosrlnir Car, Good
Tires, Good Finish, Seat
0 Covers.
Regular price I If , r
Ifow dewa to., tit
COVET MOTOR CAB . COMPANY
Province of.
BRITISH
COLUMBIA
6 BONDS
. Dated April 25, 1921
Due - - April 25, 1926
Denomination $1000 .
PRICE 93.84
To Yield
Ralph Schneelqch Ca
MUM AKD CORPOHAnON TTKANtZ
UJMBCBMCNS BUJNO
Over 8
French Republic
20-Year External Gold
Loan 7Y2 Bonds "
PRICE 95
YIELD OVER 8
Payable in U. S. Gold
Coin
Den $100, $500, $1000
An ideal bond for the Investor
because it is NON-CALLABLE,
and backed by a sinking fund
and repurchase proviso.
7
Income Tax Exempt
6 IMP. BONDS
Idaho Falls,
" Ida.
Est. Mat. 1921-30 ,
. Prices to Yield 7
Assessments for payment ;of
these bonds are placed on the
general tax roll and are col.
lected alonj with other taxes.
Den. $100, $500, $1000
Broadway and Oak
10 WHEAT HELD
AS HARVEST 13EARS
The Dalles, June 14. For the first
time in many years from 15 to 25
per cent of the previous year's wheat
crop remains unsold on the eve of
the new harvest. In numerous ware
houses over the country, 1920. grain
Is held by the farmers, who have
vainly waited for something to put
the market on the upturn again and
give them an opportunity to recoup
some of their losses.
A considerable quantity of the left
over grain will probably not be sold
for milling -purposes, us within six weeks
now the new wheat will begin to come
forward. Reports now indicate that be
tween 80 and . 90 per cent of last year's
crop will be harvested this season. Con
ditions last fall and during the winter
were very nearly ideal, but much ut
the wheat suffered some damage from
The first "harvest operations will be
the late frosts, i
gin in the lowlands about July 4.
mmm
-'l"'3aSi-
FRENCH
GOVERNMENT
20-Year 7V2
(Non-Callable)
External Gold Bonds
and Interest
To Yield
Over 8
Pamp hlet on For
eign Gove rnment
Loans describing,
comparing and quot
ing values, on re
quest, "' I i -
CLARIMCENDALL
Crca.INC.
Fiflh and Stark Streets r
trn covERnntriT-MUMiapAi: corwaxicm rn
HERRI!) & RHODES, Inc
(Kitabllihed 18S6)
BROKERS
HEHBEHS CHICAGO BOaBO Or
CorrespoBiesU, E. F, HUTTOH CO.
Members w Tork Stock Exebast.
rrirate Leased Wires Direct to All
Mcarity asd Cestsaodity Markets.
LIBERTY AND VICTORY EONDS
BOUGHT AJTD SOL
MAIN CSS asd tSi,
fll-t BjsXLWAi tJLCU. BLDO.
20-year Gold Bonds to yield 8
Semi-Annual Interest Payable !n New York.
. .. " Denominations $1,000 $500 $100 "
United Drug Co.
Due June 15, 1941.
, Callable at 115
20-Year 8's at 100
Republic of France
Due June 1, 1941
' Non-CallabU ,
20-Year 7s at 95
We have available a nominal amount of bonds of each of these
Issues out of our allotment which we offer for immediate confirmation
subject to prior sale. We will accept your order for prompt delivery
or for later delivery to suit the convenience of funds you have
in anticipation or for payment on the partial payment plan. Wire
or phone orders collect.
:' Ask for circulars giving full details
Freeman, Smith Ct Camp Ca
OUW FCOON .
LUMBKRMKNS DUIU3tNJ '
FIFTH AND STARK
sVWAf H740
an nuNO
' StttTUNB
11 ri i
HI J
Is
OUR 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.
i ! ;
M i
u
11 ;
17 i
94 :
2O0O!
New Haren.
600Xorfolk 4k VI.. i.
2S600
200
Nor. Pac.
65
Hon Scotia Steel.
24