THURSDAY. JULY 11. 1WL
16
THE OREGON DAILY JOURNAL. PORTLAND, OREGON
IUUN
NDUSTRY
NEAR TO CAPACITY
Boston, July 31. Manufacturers of
woolen cloth are operating close to ca.
acity but at very moderate profit.
Vool is heavy in tone. Thanks to a
Vrpe supply of cheap wool, the carpet
HIs are operating successfully. The
apply of wool in tb country is said to
s sufficient for two years.
-Bradford, Rngland, July 21. Woolen
sports to America- for June from this
;nter totalled 214,275 pounds sterling.
'.arna furnished the main item with a
valuation of nearly (4.000 pounds.
-
KKlf OOODS
tfew York. July ZL Unexpected e-
laml for bathing suits has forced some
f the knitting mills here to operate
kree eight-hour shifts to meet re
nders for immediate delivery. It is re
cited that the United Knitting Mills
- as received a $10 000 order for sweaters
JSd capes from South Africa.
STKEL
New York, July 21. The American
ribcomotive company has booked orders
$f 51 locomotives for foreign countries.
if these, 31 will go to Mexiconine to
i tuna, six to Trinidad and five to Japan.
.Cleveland. July 21. The Ohio Body &
: flower company, makers of automobile
!odies and ventilating systems, reported
oday that last week's business was the
est recorded this year. The plant is
derating 80 per cent of capacity.
New York, July 21. Estimates here
lace the total number of railroad cars
at of service at 720,000, of which 340.-
0 are said to be in bad order with the
eniainder idle because of lack of busi
i'ess. Immediate movement Is expected
repair work.
LEATHER
Boston, July 21. Increased bookings
by shoe manufacturers for fall delivery
rtas induced some makers n make mod-
orate sized purchases in special lines of
leather. Increased business in leather Is
oxpected within 10 days.
JCew York, July 21. An intensely dull
rferiod is being experienced in the
leather market here. Holders appear
'Mainclined to make concessions and
manufacturers and cutters of sole
leather are averse to placing orders ex
ipt for Immediate delivery.
COTTON
e-onroe. La., July 21. Many farmers
here and in Arkansas are plowing up
cotton which has been infested with boll
weevil .and planting feed crops. Agri
cultural experts are advising the farm
ers not to plow up their cotton but to
keep it for, feed as the foliage becomes
luxuriant after the weevil infestation.
'London, July 21. Laws limiting areas
sown to cotton in J-gypt to two-thirds
of each planter's holdings, will be con
tinued two years longer. Tbey have
Had the effect, it is said, of establishing
triennial rotation with advantage both
to yield and quality of cotton.
HIDES
-- New York, July 21. It is reported
Dam Montevideo that 10,000 campanas
Frigorlfico steers, June salting, have
been sold to a United States buyer at
142, which is equivalent to a price of
bout 14 to 14 cents locally.
i IRON
Chicago. July 21. Pig iron brokers
here have announced a reduction in
price of 50 cents a ton for all grades.
POTTERY
- Atlantic City, July 21. The National
Brotherhood of Operative Potters today
QBsldered to what extent, if any, the
members of both the general and sani
tary branches of the organization would
meet the demands of employers for wage
reductions. Present agreements are op
erative until October 1.
RUBBER
New York, July 21. Transcontinental
railroads have reduced freight rates on
crude rubber from Pacific coast ports
of import to points in the mid-West, in
cluding St. Louis, Chicago and Minne
sota and Wisconsin cities. The reduc
tions range from 75 cents to $1 a hundred
pounds. Prices for rubber In this mar
ket show a slight advance.
OIL
a
Cleveland, July 21. The Standard Oil
company of Ohio has reduced the whole
sale price of gasoline a half cent a gal
lon, to 21 cents. Similar reduction has
been made ty retailers.
CARPETS
'New York, July 21. New price lists on
SHgs announced today by Alexander
Smith & Sons will become effective next
Monday. Nine by 12 Axminsters show
increases from 60 cents to $1.20. Car-
Port of Astoria
$100,000.00 Offer $100,000.00
To Individual Investors
AT PRIVATE SALE
ON AND AFTER AUGUST 1, 1921
MUNICIPAL COUPON
GOLD BONDS
A
la Denomination
On and after August l, 1921, there will be on private sale by
the Port of Astoria, through Mr. Frank Pattern, Treasurer of the
Board of Commissioners, ? 100,000.00 (par value) 6 Municipal
Coupon Gold Bonds dated January 1, ,921, in demoninations of
$1000.00 each. Serial numbers 3926 to: 4025, both inclusive, and
maturing January t, 1926, without option, as authorized under
Ordinance No. 33. for the sum of ninety-eight cents on the dollar,
together with accrued interest from July 1, 1921, to date of
delivery.
These bonds bear interest payable semi-annually on January t
and July 1 of each year. Principal and interest payable at the
Fiscal Agency of the State of Oregon, New York City. New York.
All inquiries should be addressed to the undersigned.
FRANK PATTON, Treaaurer.
Port rf Astoria,
Astoria, Oregon
Dated at Astoria, Oregon,
July 15. I92t.
pets, tapestry and velvet rugs show no
change.
METALS i
New York, July 21. Large copper
producers still are demanding 13 cents
a pound for copper while small dealers
are selling slightly under that price.
Italian Chamber Is
Interrupted by Biot
Rome, July 21. (L N. S.) A fight be
tween Socialists and Fascist! on the
floor of the chamber of deputies resulted
in a suspension of the sitting today.
The h'e was precipitated by Deputy
Mil i. Socialist, who continually in
ter ru. Fascist speakers. Inkwells
and other missiles were thrown and one
Socialist was painfully injured.
COTTON TRADE STRENGTHENED
New rferk. July 21. Some divisions of
the cotton goods market have been ma
terially strengthened in the last few
weeks by increased demand for export
to the Far East. The call has been
largely for branded narrow sheetings
and similar merchandise and several In
dependent deals have been consum
mated with Chinese houses. Chinese
importers have shown a willingness to
pay a premium of from an eighth to a
quarter of a cent for leading brands
which have been long established in the
China trade. The volume of these orders
has been small compared with the pre
war period but the increase is taken as
a favorable sign.
OKE TRADE SLOW
Cleveland. July 21. The ore carryins
trade on the Great Lakes continues to
be exceedingly quiet, reflecting the dull
ness in the steel and iron industries
which has been marked this year. Ship
ments of crude ore to this port from
the head of the lakes for. the first six
months of this year totaled only 6,371,
227 tons copared with approximately
17,040.000 tons loaded in the first six
months of 1920.
COAL MINES QTJ1T
PottsviUe, Pa., July 21. (L N. S.) A
large number of collieries have been sus
pended here for the remainder of the
week. This is the first time that real
slackness has hit, the anthracite coal re
gion. Operators say there is practically
no sale at all for steam sixes of coal.
Standard oil Stocks
Furnished by Orerbeck & Cooke
company
Board of Trade building.
Hoeinc
Bid Asked.
Anilo . 14 15
Home Scrysraer 840 860
Bnckeye .. 78 80
Cheesebronth 10 180
do pfd. 9 09
Continental 103 108
Crescent i . . . 28 28
Cumberland 115 125
Eureka 78 81
Galena common 32 34
do old pfd. 70 04
do new pfd. 87 90
Illinois Pipe '. 150 1S4
Indiana Pipe 74 78
National Transit 23 24
N. Y. Transit 185 140
Northern Pipe 87 90
Obio Pipe 288 243
International Petrol com 10 10
Penn. Mex 10 20
Prairie Oil 44TT 415
Prairie Pipe 178 182
Solar Kefs. 330 350
Southern Pipe 70 81
South Penn Oil 165 170
9. W. Penn Otl 58 62
8. 0. California . 78 78
S. O. Indiana 66 66
8. O. Kansas 630 550
8. 0. Kentucky 870 880
8. O. N. Y 802 80S
S. O. Ohio 3H0 380
do pfd. 108 110
Swan 4b Finch 30 35
Washington 25 80
8. O. Nebraska 150 160
Imperial Oil 80 85
Money and Exchange
New York. July 21. ft N.
8.) Can
money on the floor of the New Tbrk Stock" Et
change today ruled at 5 per cent ; high. 3
per cent; low, oH par cent.
Time money was steady. Kates were 6 W 0 '-a
per cent. The market for prune mercantile pa
per was steady.
Gall money in London today was 3 4 per cent.
Sterling exchange was steady, with business in
bankers' bills at 33.58 for demand.
Yorrirs Exchange Market
New York, July 21. TJ. P.) Foreign ex
change; opened weak today.
Sterling. 53.57. oft 'i ; francs. .0.7 1
liies. .0446: marks. .0120.
Foreign exchange closed tower. Sterling
33.58. off ; franca .0773; lire .0447
marks .0130.
Now York Coffee aad ssrar
Near York, July 21. Sugar quiet; raw, $4.50
4.61; refined, quiet; granulated, $5 20
5.00.
Coffee No. 7 Rio spot. 60j8c: No. 4
Santos. 8 9 C .
San Francisco Barley Market
San Francisco, July 21. (TJ. P.) Barley
Spot feed, per cental. 115 0125; shipping. 130
140.
Winnipeg Cash Wheat
Winnipeg. July 21. Cash wheat No.
northern. $1.83; No. 2 northern. $1.80
No. 3 northern, $1.77: No. 4 northern, $1.63
track, $1.75.
Narnl Stores Market
New York, July 21. (I. N. 8.) Turpen
une: aarannsn, oisoise; .New York, 52c.
Rosin savannah. 3.70; New York, 5.10
of $1000.00 Each
PETROLEUM
MEXICAN OIL IS
SHOWING A LOSS
New York. July 21. (L W. &) The
stock market closed steady today. The
market was steady in the last hour.
most of the leading issues moving up 1
point from the low levels.
V. a Steel rallied to 72. and Re
public Steel rose to 4514. Mexican Pe
troleum moved up 2 points to 102. and
Pan-American recovered over 1 point to
48. Studebaker rallied from 77 to 77.
and Famous Players advanced 1 to 45.
There was a good demand for the rail
road stocks. Southern Pacific advancing
over 1 point to 77. and Canadian Pacific
rose from 109 to 110.
Government bonds, unchanged ; rail
road and other bonds, irregular.
Total sales stocks, 291.200 shares ;
bonds, 811.855,000.
New York. July 21. (L N. S) The
stock market opened generally heavy
this morning, although there was firm
ness in spots. Mexican Petroleum was
down to 102. Atlantci Gulf un
changed. 21. Bethlehem Steel B w
down at 46. Republic Steel m
off at 44. Gen. Asphalt declined
to 49. U. S. Rubber was up at
51. Crucible Steel was down at
54. Baldwin rose to 75. Stude
baker was unchanged at 79 and To
bacco Products was up at 56.
The feature of the market during the
forenoon was the continued Indifference
to important developments. This was
shown not only In the lack of response
to the reduction in the federal reserve
discount rate, but also in the manner
in which Republic Steel held steady in
the face of the bad quarterly reports.
Mexican Petroleum- was again in sup
ply, falling over 2 points to 191, and
Pan-American broke over 2 points to
46. The Leather Issues were some
what active, American Hide Leather
pfd. moving up to 52, while Central
Leather yielded to 36. Studebaker
was weak, falling 1 to 77. U. S.
Steel was quiet, hanging around 72.
The railroad stocks were featureless.
Furnished by Orerbeck
A Cook company.
Board of Trade building.
I High Low j Bid"
Baku
STOCK
Advance Rom
18
39
83
20
1
3S
31
29
38
26
80
123
1X4
18
4
11
51
66
32
do l pfd
Agr. ('hem.
Ajax Rubber
Alaska Gold !
Alaska Juneau .
200ADied Chem. . . . .
200jAllis-Cbahae
Am. Beet Sugar . .
100 Am. Bosch
, A m. Can Co. ....
I do pfd.
200 Am. Car A Fuy. .
100, do pfd.
Am Cot. oil
1 00; Am. Drug Synd. . .
Am Hide A Leather
900 do pfd.
400. Am. Ice
700 Anx Intl. Corp, . .
.... (Am. Linseed
do ptd.
100, Am. Loco
do pfd.
200 Am. Saf. Raxor . .
SS
32
33
38
31
33
,124
124
124
134
'4
52
56
33
4
61
66
32
24
67
81
102
4
6
36
69
26
4
6
36
'26 '
07
47
104
122
4
6
36
26
7
46
1200, Am. Ship A Gomrc
300' Am. Smelter .
do pfd
200
Am. Stoat Fdy.
Am. Sugar . . .
1700
200
67
do pfd.
1400 Am.
Sumatra
47
OO0
Am. Tel. A
Tel.
108
121
108
121
1200
2300
a. Tobacco ....
a. Wool
do pfd. .....
do P pfd. ...
69
88
68
'.14
23
Am. Zinc
8
400
800
200
Anaconda
Asad. Oil
Atchison
37
83
78
21
76
so' '
51
46
87
88 "
78
20
75
88
50
48
37
07
S3
78
do nfd.
7400
AU. Gulf A W. L.
Baldwin Loco. . . .
21
75
do pfd.
95
800
Balto. A Ohio . . .
38
600
2aoo
do pfd.
50
46
10
Beth. Steel "B".
B. R. T
Butte C. A Z. . . .
Butte A Sup
Caddo Oil
Cat Packing
Calif. Pat.
4
12
10
56
83
68
no
36
25
48
63
7
16
10
23
26
100
200
100
10
10
37
33
57
33
ill
36
25
49
63
7
do pfd.
2600
5700
300
4900
800
Canadian Pae. . . .
t en. Leather
iCerro de Pasco . . .
109
36
25
Chandler Motor
Chgo. A H. W. .
48
63
7
17
10
'26
40
29
54
26
55"
4
200
Chi. Ut. W
100
do pfd.
17
10
26
40
55
26
55
4
1 OOOtChili Cop.
Cir.no
100 C, M. S' P
1 1 00 i do pfd.
5900 Coc-i Com
1500 C. A O
200 Colo. F. A I
100 Colo. Southern . .
700 CoL Gas A Elec . .
2000 Columbia Graph. .
Con. Gas
1 4 00 Coatl. Can
2200 Contl. Candy .
I 40
I 29
I 54
I 26
I 36
I 54
I 4
, R5 Vb
. .1 43
l
66
27
32
74
2600 Corn Prod.
66
27
32
74
63
54
77
23
14
7
17
1
62
700Coden Oil
27
31
74
2700
C. R. 1.
A P.
100
100
2800
500
do A
do B
Crucible
pfd.
pfd.
34! 53
do pf A
Cuba Cane
25
14
2004
do pfd.
24
14
400
Cuban Am. Sugar .
Del. A Hudson . .
Dome Mine. . . . .
D. A EL G
do pfd.
I.
100
5100iKndiott Johnson.
63 '
13
19
62
1 00rie
900 do 1st pfd. . . .
100 do 2d Vd.
OOOO Famous Players. . .
13
13
10 19
I .
45
6
22
II
1
56
47
44
I Fed. Ming. A Smelt.
I do pfd.
lOOiFlak Tire ...
.... kiaatcn Wma.
lOtXJen. Cigars ..
30O)Gen. Elec . . .
I960 tJen. Motor . .
.... Hien. Hot. 6
7600 Gen. Asphalt .
400 Goodrich
.... Goodyear ....
.... IGranby
.... Gt. Nor. Ore. .
4 00 a Nor pfd. .
600 ; reene-Cansi.es
Galf 8. Steel.
. . . ;Hak Barker .
.... (Houston OU .
200 1 Hupp Motor .
His. Cent. . . .
SOOjlnapiratjon . ...
OOOilat Agr. Corp.
14001 do pfd.
500 Interboro
600 do pfd.
11
.'' 56
. 1120
I 10
1.11
56
118
10
48
29
10
62
49
29
11
17
27
os
18H
49
80
68
19
68
IS
,1 29
54
82
11
92
33
92 92
33 33
61 6
7
'a
10
37
3
10
3
9
4
73
10
45
13
52
1 00 Interstate C;
1400 Int. Har?
Oat, Cere. Marine
700! do pfd.
lint. Nickel
73
73
45
13
62
io
3
44
13
63
1000
Int. Paper . . . .
. do pf A
Invincible OU. .
3401
1700
10
2
10
Island Oil
2
9
100 (Jewel Tea
I
10O0
K. C. Southern. .
25
231 25
do nfd.
48
86
16
11
37
27
51
4 00 Kelly-Springfield . .
100 Kenr.e-.-u
lOO Keystone The
20O Lack. Steel
Lee Ttre
400 Lehigh Valley,
LoriUard
Lowe Theatres
100 L A A N
7500 Mex Pet.
SAO Miami
7 0O0 Middle States Oil..
500 Midtale Steel
M . K. A T. . .
do :td.
Moat. Power .
Moat. Ward
50 Missouri Pacific . .
400 do JA . . -
M St. P A 8. S. M
8O0 M. A St. L
Nat. Biscuit
Nat. Pisa sail ....
Nat. Lead
500 Nevada Con.
200 New Ham
300 Norfolk AW. ...
1800 Northern Pacific .
Nova scooa Steel.
SOON. T. Oantrsl
BOS) Ok Prod. ret. . .
86
88
19
11
87
si
io
19
11
87
si
100
iB
10
us
188
118
101
118
102
21
10
22
21
10
To
S3
23
48
17
20
19
18
88
so
88
07
11
11
11
no
44
75
10
10
IO
1 H
1
18
94
73
84
78
73
22
70
68
69
1
1
1
8
17
to
Ontario Surer . . .
Ontario W
300
SHARES ARE
Sale BtoCtt IHkbIL i aVaT
400Kacific Oil I S4t 4k Mb
30OO0Pan. Aim. Fat... 48 48 47
1404M do "V 42 41 41 H
2100 Penna 33 88 f
IPeoL Gas 81
OOlPcn Marquette ... 19 18 18
20O PMUdeipfaia Co. .. 29 2 29 V
7 mi
1800
200
1600
500
Pur. Otl . . .
Arrow
Pierce OS .
Pitta Coal .
Pitts A
do pfd
TOO Pullman
Ray Com
Readinc
Remmct
20
R Tingle
19
45
82
18
53
81
8
65
7
36
20
78
34
76
20
45
24
30
77
1
7
38
22
18
55
7
1
119
24
83
16
104
88
49
30
8
80
Republic I.
do pfd
Rep. Motors . .
2300
Royal notch Oil
Ry. Steel 8pg. . .
52
50
Saxon Motors
1300
iisears Roebuck .
68
36
20
Shstuack. Aria. . .
Shell T aV T. . .
2O0
37
20
7 no Sinclair
Stand Oil
Cat .
Stoat Shef.
4 000 'South. Pacific
77
7S
20
45
24
77
33
22
18
South. lly. . . .
do pfd.
St. L. at S. F.
Siromherg Carb
Studebaker
20
liVO
80O
ion
38880
4H
24
70
Swift A Go
100 Term. Cop. A Chem.
-nn Tfvu Oil . .
400! Texas Pacific
33
23
lOOlTex. Pacific C. O
18
58
7
10
110
88
16
105
64
50
51
j Tobacco Products. .
2200Tran. Coatl. Oil.
200 I'nion OU Del. . .
2800 I'nion Pacific . . .
t'nited Alloy ....
20O ratted Drue
110'trnited Food Prod.
SOOICnited Fruit ....
10OII". Retail Stores
1 0f 17. S. Ind. Alcohol
3 200 V. 8. Rub
...... i do 1st pfd ....
... iD. S. Hgnelting . .
17100 C 8. 8tsl
800 do pfd.
3
7
It
118
'si' '
16
104
33
60
50
72
72
109
72
100
109
IS00 rteh Copper . . .
48
47
47
28
72
28
6
7
21
14
55
Vs. Chem
do pfd.
Vanadium Steel .
Viraadou
200, Wabash
8
21
7
21
00 do A pfd
do R nfd
Wells Farto
Western Pee
26
2001 do pfd
100 Western Colon ...
2
84
43"
61
84
42
61
88
87
200;WestinchoOM A. B.
200 West U se E. A M.
100 West Md
White Motors. . . .
BOO'Willys-Overtaod ..
100 do pfd.
. . . . Wilson Packing . . .
200 Wisconsin Central.
100 Wodworth
. . I Worthmcton Pump
42
9
81
7
6
28
33
2S
111
42
111
111
Foreign Bond Market
I Furnished by Overbeck A Cooke Co.)
28 231 28
17 17 17
7 7
84 64 I 84
Waat Ya.. 27 2 28
. . 73
.. M 88
.. 12 12 12
. . 88 67 88
on
Steel I
S. . I 45 44
Bid. Ask.
Ruvian 5s 1021 13 IS
Russian 6B 1926 8 6
Russian 6a 118 13 18
French 5s 1 931 87 87
French 4s 1917 47 48
French 5s 1920 68 69
Italian 5s 1918 86 40
British Bs 1922 864 874
British Ss 1927 852 862
British 8a 1929 844 854
British Tky 4a 288 278
Brith ref 4s 847 257
Belgium rest 5a 68 69
Belgium prean 5a 69 72
German W. L 5a 9 10
Berlin 4s 10 12
Hamburg 4s 11 11
Hamburg 4s 12 12
Iipsis 4 s 14 IS
Leipzig 5a 12 IS
Munich 4a , 12 IS
Munich 5s IS 16
Frankfort 4a 12 IS
Jap 4s , .. 68 69
Jap let 4a 84 86
Jap 2d 4s 84 88
Pari- 6a 99 15-16 100
C K 5a 1031 89 16-18 100
P. K 5a 1922 98 98
V. K. Ba 1928 88 88
U. K. 5s 1987 88 86
FOREIGN EXCHANGE RATES
Corrected daily by the foreign axehaas de
partment of the United States National bank.
Quotations below (except the pound starling)
are quoted oa the basis of 100 units foreign cur
rency
Opening
rates
back tranaaetio
Draft
Cneeka.
S 3.57
7.70
1.29
4.46
5.55
15.05
12.77
20.59
49.10
48.00
M 50
Cable
Par
Transfers.
S 8.58
7.71
1.29
4.47
5.60
18.10
12.82
20.84
49.83
48.18
06 90
Value.
8 4.86
19.08
18 03
19.80
19.40
26.70
26.70
Lbs. sterling. .
Paris Francs.
Berlin Marks. .
Cenoa Lira. . ..
Athens
Drachmas . . .
Copenhsgen
svroner
Christie nia
Kruner
Stockholm
Kroner
Hongkong
Currency
Japan Yen
Shanghai Taels
It seems very strange, but now that
sugar is cheap, one lump makes the
coffee sweet enough.
Wo Offer and Recommend:
Astoria, Oregon, 6s
to yield 6.50
Pendleton, Oregon, 5s
to yield 6
Newberg, Oregon, 6s
to yield 6
Sumpter, Oregon, 6s
to yield 6.25
Madras, Oregon, 6s
to yield 6.50
Slide Irrigation
District 6s to yield 7
Tacoma, Washington,
Improvement 6s
to yield 7
French Government
7s to yield 8
Van Camp Packing
Co. 8s to yield 8.10
E. I. Du Pont
de Nemours Co. 7s
to yield 8
We will gladly furnish descriptive cir
culars and available maturities on any
of the above listed issues.
G.E.MILLER
& COMPANY
Isgsu BONDS
TELEPHONE MAIN 4-C)Z
2
3
4
AGAIN UNDER
Long-Bell Lumber
Asks Permission to
Operate in Oregon
Salem. Or. July 51. Application to
operate In Oregon waa today made of
the corporations department by the
Long-Bell Lumber company, Missouri
corporation, whose capital stock is $15.
000.000. Ben a Dey of Portland is
named as attorney-in-fact.
Lebanon Is to be the headquarters of
the Lebanon Stock company, for which
articles of Incorporation were filed. Joel
Bqpth. Roland T. Miller and Glen T.
Wallace are the Incorporators. The cap
ital stock is 34000.
Articles of dissolution were filed, by
the Hart Land companly and the JA. D.
Howell company, both of Cortland.
New York Boad Market
Furnished by Orerbeck A Cooke Co..
Board
of Trade buitdiag:
Ask.
76
69
87
72
S3
74
81
214
T6
74
81
98
78
78
87
S4
81
87
Atchison Gesal 4s
Bal A Ohio Gold 4s
7.
67
88
71
64
74
80
18
73
73
80
94
74
87
77
83
84
80
81
Beta. Steel Bet. 8a
Cent. Pacific 1st 4a
St. Paul (rani. 4a
CM. N. W. GaraL 4a
A N. Uni 4s
New York Ry. 8a ,
Northern Pae P L. 4s...,
Beading GenL 4a
I'nion Par. 1st 4a ,
C. B. Btsai 8a
Union Pae, 1st Ref. 8s
Southern Par. Coo. 8a. . .
Southern Pac. Cone .4s. . .
Penna Corn 4 a
Penaa. 1st 4s
Oban. A Ohio Cone. 8a...
Ore. Short Une 4s
Liberty Bead Sale..
(Reported by Orerbeck A Cook Co. 1
High. Lsnr. flow.
Ijberty. Sa a. 888 8676 A0
Uberty. 1st 4a 8740
Liberty. 2d 4a 8718 8690 8710
Liberty. 1st 4s 8778 8730 6762
Liberty. 2d 4a 8740 8706 8714
Liberty. Sd 4s 9150 9180 6180
Liberty. 4th 41 8752 8722 8728
Victory. 4s 6842 9886 9840
Victory, 38 9840 9838 8840
PACIFIC COAST BANK STATEMENT
This week
.8 6.119 440 80
4.237,1 22 34
4. 024. 90S IS
4.007.211 69
Tsar agc
8 8.163.778.61
6.909.1 68.0
8.800.515.57
4.8S0.924.41
Monday
Wi
Thursday
Clearings, Thursday
Balances, Thursday .
.8
1.487.648.60
489.936.00
- 48S.08S.OO
34.784 00
Clearings. Thursday
Balances, Thursday .
San F
Clearings, Thursday
.Las
322.700,000 00
k
312.277.620 00
. . 4,286.690.00
. . 1.145.891.00
Clearings, Thursday
Clearings.
Balance.
Thursday
Thursday
Why it
Invested $400,000
The reason the great
Nestles Food Corppany
built a $400,000 milk con
densory at Bandon is be
cause it realizes that Ban
don has a big future be
cause the city is the cen
ter for Coos county's
$2,500,000 dairying in
dustry. As a good Investment
we suggest
6 General Obligation
Bonds
BANDON
Due 1926-41
Den. $500, $1000
YIELD 6H
Income Tax Exempt
BROADWAY and OAK
We have pur
additional block of
20-YEAR SINKING FUND
8 GOLD BONDS
REPUBLIC
OF CHILE
Priest At Market
Yielding
Over 8O0
Details on
reoaiest.
Wire or
phone collect.
BOND DEPT.
LADD & TlLTON
Bank
Oldest Is the Nortswest
MT ASHI5GTON AT THIRD
Stocks,
Cottosa,
J16-Ja7
of Trade
Overbeck&CookeCo.
DIRECT PRIVATE WIRES
TO ALL EXCHANGES
ef
PRESSURE IN NEW YORK
Stock
UTopecs
of associated railway
executives approve stearins; comosittee's
plan for ending 8800.000.000 federal
claims and next step is expected when
government will decide whether It will
Special meeting of D. A L. W. stock
holders today for purpose of authorising
increase In capital stock by 146.000.000.
President Willis, of Willy Overland.
says company is now financially "out of
the woods."
Estimated daily crude oil production
in U. 8. for week ended July 16, ac
cording to American Petroleum Insti
tute, waa 1.308.710 barrels, a decline of
4064) from prevtoss week.
Twenty industrials 63.11. off .03.
Twenty rails, 71.5a, up .14.
Short tendencies at expected to be
stimulated by the action of the federal
laser t rediscount at New York, indica
tions that tax revision by congrss la
getting the right of way and approval of
railroad refunding plans by the
tt
New York Herald. The directors of
the Studbaker corporation at their
meeting; for dividend action later this
month, will not declare an extra divi
dend on its stock. In cash or stock, ac
cording to one of their number.
S. M. FRIES OPENS OFFICE
8. M. Fries, for the past two years
cashier and office manager of Cars tens
A Earl est. Inc. Investment bankers, ts
now engaged in the bond business for
himself with offices at 85 Fourth street.
Ho will make a specialty in government
and municipal bonds.
7
MabketI
asri
We own and offer
the unsold portion of:
$97,500
Income
Tax
Exempt
City of
Washington
7 Improvement Bonds
DATED July 18, 1911
PrtnerpeJ and annual interest (Jul 18) parable at
the office of the treasurer, rausaaa. W ashlngtoo. or
through the offices of Kree man. Smith at Caaep Co
KmsMTSD BUTURITIK8
9,500 July 18, '26
9,500 " V7
9,500 " '28
19,500 July 18, '22
9,500 M '23
9,500 " '24
9,500 i' 25
Pullman, the second city In Whitman county, is 84 miles south or Spo
kane. In the heart of the famous Palouse country, on the Northern Pacific.
O-W. R. R. st N. and the Spokayie A Inland Kmpire railroads. It is the
distributing; point for one of the most fertile agricultural sections In the
greatest wheat producing; county fn Washing-ton. Directly tributary to the
city are l"77,6O0 acres of agricultural land largely under cultivation. About
1.500.000 bushels of grain are shipped from Pullman annually.
Pullman Is the seat and home of the Washington State college, which
occupies 21 buildings and has an annual enrollment of 1&00 Students. The
college property is valued at approximately f2.00O.0O0.
Legality approved by Teal. Minor Win free. I'WUand. Oregon.
Exempt from all federal taxes; eligible to secure public funds In
Washington , legal investment for trust funds in Washington;
legal Investment for savings banks In Oregon and Washington,
Price 100 ZZS 7
Tax Exempt
Wire orders
ask far
S s sTe Bal 8 . OJ 9X ssl I sJsVW
United States of Brazil
5 External Sterling Bonds
Issue of 1805 Denom. 100, 500. 1000
A Direct General
Free from all
Brazil, with a per capita
charge of l .8 5 . compares with
Denmark
$ 83.65
$278.08
.9 92.71
$324.59
Switzerland
Australia .
A Urge proportion of Brazil's debt was incurred for the con
struction of Railways, Steamships and other revenue-producing
enterprises, and it has practically no war debt.
WEALTH AND TRADE
Brazil is the second largest country An the Western Hemis
phere, containing: 3,300,000 squire miles, covering nearly one-half
of South America. Its area is only slightly less than United States
and Alaska combined, and has a population of 30,000,000. Brazil's
excess of exports over imports increased from $52, 000,000 in
1911 to 211,000,000 in 1919. The United States is Brazil s best
customer, taking about 42 of its exports.
These Bonds Return at Pr
WITH EXCHANGE
AT
$3.63
4.00
4.50
4.86
Price
Ralphs
lLHNEELD
MUNICIPAL AND C0HP ORATION FINANCE
LUMBERMENS BUILDING
SUMMER RENTALS
SHOW PROSPERITY
Br Frank
B. Me LB ha
eat of The Joanaal
Philadelphia. July SI. There baa been
no break in the labor situation so tar svs
the building trades are concerned, al
though a committee of ciUsens ha ap
pealed to dependents of strikers to use
their influence to help break the strike
on the grounds that many families wall
be in distress next winter when their
savings meH away. Carpenters wise
have demnnded 11.12 an hoar m the
dry are reported In some cases to be
working for 80 cents an hour outside
An indication In general prosperity i
seen In the ciossds seeking the shore
resorts of South Jersey and the high
rents received for cottages along the
coast. Local shoe manufacturers are In
receipt of good orders for autumn and
there Is some replacement demand for
summer goods.
With the settlement of the British coal
strike, the export demand for bituminous
coal has slackened and buyers are deaf
to appeals to stock up for winter at this
time. Although no attempt has been
made to collect the state tax on anthra
cite from consumers, the demand for
hard coal also is dull. Distributors of
tow priced motor cars report sheavy sale
for the first part of July.
DENVER BANK CLOSEB
Denver. Colo . July 21. (U. P. Slow
paper was given aa the chief cause for
the dosing of the Denver State bank,
state banking examiners said today after
making an examination of the bank,
which closed Its doors yesterday. The
bank, of which W. V. Matthews, Denver,
la president, had deposits of I1S0.000 and
4t capital stock of ISO.ooa
7
Tax
Pullman
MATURE Serially
bon $500
$ 9.500 July 18. '29
9,500 " '30
12,000 '31
"ceOeet." tasta or Partial Paxaaent
areolar J162.
Freeman. Smith a Camp Cq
UMO
UlMltlMtNt BUI
rie-TM AMD STARK
-7SO
External Obligation
Brarilian Taxation.
DEBT
a
debt of 833. with an annual interest
other nations as follows:
Argentine . . .
Great Britain
United States
. $111.90
. $827.29
$227.83
$1107.95
Fr
it Price
A N M A I,
INCOME
794
8.70
9.80
10.56
AdeMtloaaJ r re fit oa 199
Wkti Psid
$260.00
340.00
440.00
512.00
Details Upon Req
ch Company
HE?RW RHODES, lac
EstattfHsed 194
BROKERS
BBS CHICAGO BO ARB
OJ7 TRADE
Mas Shaw tat el
LIBERTY AND VICTORY
BOUGHT AND HOLD
MAIN S83 asd 884
rSl-SOi Railway Exrkaage
IT
The house with
a reputation for
Quality Work
F.W.Baltes
L Company
13siWeM T AND OAK
rTinter 5 Main 1S - MM
A SYMBOL
The big asset In business la REPU
TATION with the ultimate user of
one's product. Once gained, reputa
tion automatically operates) aa In
surance for the user of the product.
So it is with Warrenlte-Bitullthic
By actual teat under all conditions
over a lone period of rears, War-renlte-BltuIlthlc
has become a sym
bol for PERMANENCY and DUR
ABILITY In pavement.
SPECIAL NOTICES
101
RatOfEST r6Tt BIDS
51 RIAL OOKTBaCT NO. S
1. Parsail to the regnssUoos ef the later
state roeasserre rnaaaaaians. sreagetssa la res or
der dated October 6 1918. la dor art sx parte
o . Northern Pacifsc Baflssax
hereby requests bids and hereby gia
inai it wn rereiee bads for SB)
froea Angsts 18. 1921. to April 1. 1923. for
the Its Heleras. Most., to the Pacific roast of
saioe ma foet coal aa follows: Coal called tor by
list railway oosapaaj. set less than 800 oo
toss nor store than 1 .000.000 toss ef 20ni
sat coal of the
in the district aa
Laos! a sal Pan ail sweeawaaa
HMDS
Z. Coal to be raaaoaaatr free froea slate.
rsyassa. ssUsMea clay, stdrttrar sad other
oaalhg to the beat coal of the aasae'eassaBr'rruS
grade Iiiiail8 in the district aa sxasea saseh
coal shall be raised.
8. Railway coassaay's inspectors shall base
at ail rhaaa tree access to the mines from which
said coal la rained and to the scales ewer which
the eoal la to he weighed.
4. Coal to be debrered f. o h. ears ea
.Northern Pacific Railway ooeapany a tracks la
as nearly asroal monthly prorowaaaas aa prac
t cable la acrarrlance with the railway coav
paay's raqsdresaeats oissianiiins ASaTtsst IS.
hi. ana enatng Apm j. iT3, (the nrsgs
required daring the months a Septasnawwi
llsaamhn im twain wfTi be ranch haaVter (TX9
outer months). If Una at sot loaalad on
Northern Pacific railway tracks, thea had mast
be far delivery t. o. b. car. en Northern Pacific
t ranks at the naarsst Junction with the Northern
Psric.
Payments: Cash within SO days following
receipt at inro.ee for coal actnallt deHremj
on Northern Pacific track daring preceding
tonth.
8. Bids sasrat be sadsmrttwd to T. Q Pn-t
archariasg agent. Railroad buildiiu. 8th aasf
Jackson streets. St. Paul. Minn , by 12:00 neon.
ewuai siAaeara txste. a sages a. 921. an!
sras he received asd opened by him at aaad
fries after neon and safer 8 o'clock oa the
date named. Bids received after that time will
8. Rids most ha prepared and
roraas preu-rlbad in the
uoned above, which forma will be
sages by the undersigned
?. The sstil imfsl bidder wfl be raqsurwd to
n:er into and execute proponed contract for
lelieery of aarb coal.
8. The right is raters ad to reieet anr snd
all bids, asd to asssnpt aa part of an one
bid
9. Every person, firm or eorrssrstiori that
assy submit a bd shall aeoaanany bis. their, or
t, bid by tender of a bond in the penal nam
f (10.OOO with sufficient surety, or swrwtism.
to be approved by the mail rata sad, uandlrfaiid
aU ef the terms of said contract,
la If any farther inlaismiiiai la I as ah ad
.lease apply to the ssilsrslgsad.
NORTHER PACIFIC RAILWAY COMPANY
P. U. Pros, Pax: haling agist. Railroad
RauWiag. Bth asd Jantnon streets. SC rani.
JslianafjanMOCsV.
Dntad the lath day ef Jaly. 1981.
butlding pgagrg
st J s,,r""d T . rpjrt
hit nans 82nd and HV
hardt B&.iaem Builder
29. Alameda Park -laua
I a rasa, erect
988
i e BsiMer
88400. Lot 10. bat.
awtssswn 92nd and Olson a
aa owner. 84800. Last 11.
Park.
Mrs. Reese Gee
1M1 Hal-
sey. uatntiau 59th asd 80th sts.
aa wwasrr. flOOW. Lot 1. bflk 8.
Jobs B. Mathews erect mills III. 1184 Al
berta, bits aia 88th asd 89th sta BnBsH
ao aa owner. 98500 Lot not asattsd
Jama P. Johnson, erect riailiayi. 1229
20th C. staiia Taboo and Timiiii are.
Bstsstor at n. Maleaiaa. 84500 Lot 119.
lath. 24. Weatmsramad.
A. Brown, erect ivoVueno. 91 Tbnrts. be
tween Msrhisan and Missouri shakier sasse as
owner. 88500. Lot W 7 8. bit 29. Pat-
K. O. Kaiuad. erect weidiiaua. 828
at., bhtnssn BkiSm n a
asa as owner 85000
Lot 14.
Alaasods park.
lira. K. Barry, repair n iilssai. 409 E.
at., kstmsna Tills monk sod Hancock at.
A. P. Velarsnh. 820OO.
W. B PwwWl. erect raasdeaee. 991 E 27th
.. between Knott and Stanton. Builder,
teses and aVriatr Co. 85750. Let 18. Mb.
8. Gam Eyrie.
Chan, C. Ttsed. erect residence. 7112 E.
17th St.. between Klekitnt and Pustuet sta
Ban Ider sans aa owner 85500. Lot 15. btk.
48. ll ihsgtuiL
Jit1 Statistics -
mrri3ts. Births. Deaths
MARRIAGE LICENSES
Bay
28. 780 York.
ana. aw.
Oscar
15 I, - iji
Okaoa. 21. : Unsan. and htrrtis
Uastiags. 11 869 Ulisaa
Jssaaa Eefjy. steal. Ikaiytsasa, Or., asd Esaras
Edna Breath, asset 881 Isoyt.
WuJssm Jsha, legal. 149 Urssd are., and
UiMa Jefferaaa, legal. 1199 E 24th.
J-rrr W. Ul-oaasfl. 8J. 1858
Flora Msg Bay Wry. 25. 1858
Manas t. Star say. legal. 94 7 Market, asd
Ores Sawders. Weal 947 Market
Jeagjsh H. Owaa-, Irssl. ihacJJd aotal. and Anna
1. Tat abeam, hajst 1054 E aider.
WEDDING
W C SMITH a CO
ami viamxo
CARD KN..RATEB8
Stl M
BIRTHS
PrhfeRaAN -Tr, Br.- sad Mrs. M. radsrraset.
1041 R 12th. Jaly l. s son.
CLASS Ta Mr. aad Mrs real Clark. 8018
Stth. lats 7. a cUsarhter.
UfVinMeS To M- and Ur. Wra. M.
1488 Delaware. Jaly 17. a eaushtnr.
BIMtXiX Yo Mr. and Mrs. m A.
4S20 S8d. Jaly It. i mb.
liIRE"TOsl Ta Mr. and Mrs. Nsthan
SOS Tsnl Jnty 19. a darsgtrtee.
E8WAKEal To Mr. aad Mr. J.
Slat
Ider
45.
10
8
10
her. 1978 Tmaaaoue. Jaly 8. a son.
0 Bryaa
SwOfraettaj Dev
200iPac Gsa A Sate.
a
8
LEART Tc Mr. aad Mrs. J. T. Laagy. 1007
53
aa
62
TOSS
Jnty 12. s eon.
lOtas steel