The Oregon daily journal., September 21, 1921, Page 16, Image 16

WEDNESDAY. SEPTEMBER- 21. 132L
10
THE OREGON ' DAILY JOURNAL. PORTLAND.: OREGON
STRENGTH IMPARTED TO STOCK MARKET AFTER IRREGULARITY
STOCK LIST IS
STRONG AT STAR
T
Stock
topics
Market!
' Now York, Sept 11. (L N. S.1 The
atock market closed Irregular today. The
market turned strong tri the last few
minute under a sudden covering move
ment and recoveries In some Issues were
fairly as rapid as the declines had been
earlier In the session. A few Issues,
however, continued weak.
Mexican Petroleum, after selling down
ts.Bttt. recovered to 100. a net loss of
. nearly 4 points for the day. Baldwin
recovered over 1 point to 84. Steel
, common rallied to 77. The rails were
under pressure. Reading lost all its
early advance, dropping to ti. At the
, close It rallied to 70. Northern Pa
cific was little affected by the declara
tion of the regular dividend, the stock
closing at 7.
Government bonds, unchanged; rail
way and other bonds, strong.
Bales, S00.400 shares ; bonds. $17,123,000.
Nw York. Sept. 21. (I. N. S.) Prices
were somewhat Irregular at the opening
of. the stock market today. Business
was on a .email scale and generally
erica changes were confined to frac
tional limits.
Steel common rose to 78, Mexican
Petroleum, selling ex-div. 3 per cent,
rose 1 point to 105. Royal Dutch was
. lower at 46, and U. S. Rubber
. yielded to 46. Baldwin, after sell
ing toff to 85, came back to 85.
U. 8. Food Products was again under
: pressure, yielding over 2 points to 11.
The list turned strong shortly after,
the Initial Irregularity, prices advancing
from fraetlons to two points above the
CDenlnr figures. American International
featured the trading with a gain of 2
to . Baldwin rose from a low of 85
to $7. Steel common rose over one point
to" 78 and American Locomotive ad
vanced llA to 904. The oil stocks were
In good demand.
The rails also shared in the upturn.
American Smelting and Refining ad
vances price of lead from $4.60 to $4.65 a
pound.
President Lewis of United Mine Work
rs declares no wage reduction of coal
miners must be permitted.
Trolley riders in Youngstown, Ohio,
will be able to purchase tickets costing
$1.25, good for unlimited number of rides
during week.
I. C. C. authorizes Minneapolis, St.
Paul Y Sault 8te. Marie to Issue $10,000.-
000 of 6 per cent bonds to meet indebt
edness aggregating $11,771,060.
Director general of railroads sells
$5,479,500 additional railroad equipment
trust certificates bringing total sales to
$33,124,100.
Twenty industrials 69.43, off .63.
Twenty rails 72.54, off .24.
Directors of General Motors scheduled
to meet for dividend action tomorrow
and so far as can be learned, no change
Is contemplated in the present rate of 25
cents a share quarterly.
Sate.
WALL STREET QUOTATIONS
overoecK
Furnished by
94
24
H
42
83
27
126
108
83
20
12
10S
lit
43
101
53
31
23
88 Vi
35 Vt
ii W
eiH
Excluding entirely the twenty-odd mil
lion of good will, the United Drug com
pany has total tangible assets equal
$50 a share for the common stock, or ap
proximately the present market price.
The common stock, in other words, is
Better backed by tangible assets than
before the war.
Considerable progress has been made
In rehabilitating the railroad system in
Mexico, which probably accounts for the
better demand for the stock of National
Railways of Mexico.
Liberty Bond Sales
(Reported bj Urerbeck & Cooke Co.)
UlMTtr. 8 H t . , . .
I.itwrty. 1st
Liberty. 2d 4 s
Uhtrty, lit 4 . .
Mbart, 2d 4 4s. .
Ijhartr, Sd 4 . . .
l.ibarty, 4th 4 Vis. ,
Virion. 4 H s
YTClorjr, $
High. Iow. Clo.
8820 8792 8800
8910
8900
8910 8920 8938
8924 8920 8924
9820 9300 9808
8972 8936 8938
9916 9910 9914
9914 8910 9914
Car loadings of the Atchison last week
30,808. an increase of 296 cars over same
period last year. The increase is the
first weekly one of this year.
SHOUT TERM SECURITIES
Furnished by Clark. Kendall & Co.;
Money and Exehasg
Mew Tork. Sept. 21. MI. N. S. ) Call money
a the floor of the New York stock exchange to
day ruled at 4 V per cent; high, 5 per cent;
low, 4 M per cent.
Time money waa trady.
' Rata were IHtlH per rent.
The market for prime mercantile paper was
itaady. ,
money in London today waa 3 W per cent.
. Sterling exchange wan steady, with business in
bankers' bills at 43.71 H for demand.
Foreign Exchange Market
New York. Sept 21. (V. P.) Sterling
opened. $3.71 ; francs, .0087; lire. .0412:
marks, .0091.
t'loeing prices : Sterling, $S.71; franca,
.0702; lira. .0416: marks. .0091 Vs.
Am. Tel. A Tel. 6s. October. 1922
Am. TeL & TeL 6s, February, 1924.,
Am. Tel. & Tel. 6s. August. 1925
Armour Cony. 7s, July. 1930
Anaeonda Cop. $, January. 1929...
Anaconda Cop. 7s, January. 1929...
Belgian Hoy. 6s, January. 1925
Beth. Steel 7s, July. 1922
BethL Steel 7s. July, 1923
Canadian 5s, April. -1920
Canadian 5s. October. 1931
Cop. Exp. Assoc. Bs, Febrwary. 1922
Cop. Exp. Assoc. 8s, February, 1923
Cop. Exp. Assoc. 8s, February, 1924
Con. Exp. Assoc. 8s, February. 1926...
Cndahy Packing 7s. July. 1923
Jap. 1st Et. 4 Ha. February, 1925....
Jap. 2d 4 4), July, 1925
Southwestern Bell Tel. 7s, April, 1925.
Standard Oil of N. Y. 7s. January, 1925
Standard Oil of N. Y. 7s. January. 1928
Standard Oil of N. Y. 7s, January, 1931 . 104 H
Swift A Co. 7s. October. 1926 99
C. S. Rubber 7s, December, 1923 98 M
U. S. Rubber 7 Vis. August, 1930 100 Ti
.... lAdrance Bam
.... I da nf d. .
2tMIAgr. Chem I S4i 84
lOOl do vtd.
S500IAjax Rubber 1 24 Hi 23
400iAlai-kav Gold .
UUAiaka Juneau
17t0Ailied Chem. .
lOOUJlia-Chalmers,
I do ptd. . ,
Bcet Sugar...
300Am. Botsch .
400Anj. Can Co..
3UO do ptd.
2l0,Am. Car Fdy
400j do pfd.
100Am. Cot. Oil. . . . .
do pfd.
jam. Drug Synd. . .
I Am. U. Learner.
i do Did.
lOOiAm. Ice I 35
102OVAm. Intl. Corp. . . j 83
200Am. Linseed...'...! 23
100 do vl
22O0Am. Loco 1 90 Va
. ,... do pfd. ..
(Am. Sal. Razor
Am. SUip &. Com . .
1800Am. buKlter I 3614
10U do. pid . . .
400, Am. Steel Fdy i 25
2900 i Am. Sugar 62
10U do pld
2bOOAm. Sumatra . .
CUOOjAm. Tel. & Tel.
3l)0,Am. Tobacco . .
200 do "B"
SSOO.Ani. Wool
. ...1 do pfd
i an f pfd
10U Am. Zinc 1
SOOOiAnaconda
lOOjAaed. Oil
50ttAtchuon
do pld
200lAtinnuc Coast Line
02OO;AtL Uulf A. YY. L
4U500iBaldwin Loco
I do pfd
1900Balto. fc Ohio.
1001 do Did . . . .
660UjBeth Steel "B" ,
400,11. R. T
200,BuU C. & Z. .
100,Butte ft Sup
.... jCaddo Oil
800j Lam. racJang .
400,Caiif. Pet. . . .
.... do pld
2200iCanadian Pac
1700, Central Leather
2oo,Cerro de Pasco
&00Chandler Motor . . .
iOO,tago. is.
, Chicago CiL W
lOOr do pfd . . .
100, Chile do. . . .
SOOiCuiuo I 23 Hi
90O,C. 11. S- P I 25 HI
1300, do pld. 39,
iCoco Cola i , .
1800IC. & O 55
400iColo. F. & I I 24
iColo. Southern .... 1 i
CoLi Gaa & Else. . ,
2600Coiumbia Graph... i
2UUCon. Gas !
Price. 1 ..... iCons. Cigars
99 I I do ptd. 1
98 I IOOlCodu Can 1
101 r loOConv. Uand; .
SO00Corn rrod. . .
100 do pfd. . . .
13UOOCosden Oil . .
470O.C. R. L P. .
100 -do "A" pfd.
I do "B" pfd
eaoOiCrucible
I do pfd j
b 00 Cuba, Cane i
600 do pfd 19 Vsi
800, Cuban Am. Sugar.. j 131
1 5 00 j Dome Mines I 18 1
D. & K. G
I do pld. i
1700 Emlicott Johnson... 64)
800;Erie I 13
CooKo Co- Board of Trade Huildtne.
t g'- Salea. STOCKS High. Urm. t Bid.
12
85 1
84 i
02
1
42
33
76
27
'33
26
78
1126
107
18
43
4
G0
50
55
32
23
51
89
103
4
6
35
70
24
62
89
42
100(G,
10O1G
Gen.
SUOOlGen.
..123
10
Waa. .
Cigars ..
JElec ...
7400 fGen. Motor ..
tGlea, Alben . . .
26700 (Gn. Asphalt .
auOjGoodrfch
.... I Goodyear
400 Granby
.. ..(Gt Nor. Ore. .
1600 do pfd. . . . .
.... jGreene Cansnea
300iulf S. Steel .
200;Hask Barker . .
SOOjUouaton Oil . .
200Uupp Motor . .
..,.liis. Cent I
500 1 Inspiration 33
.... Int. Agr. Corp. com)
100 do pfd. .j
leOOlInterboro I 2 H
50
31
' is V
'76
"38
"si" "
11
124
10
800
2400
1300
1400
42
106 1106
123 IIZZ 11Z3
121 (122 121
74 I 12 72
I I
1 I
8t 8i
S7 36
92 i 92
85 i 85
86 '"86" "
27i 25
87 83
t -----1
. ... 38
23
8
86
92
85
80
86
26
84
95
37' 37
4U
53
9
4
13
9
64
35
.1 72
112111,1H
28 27 27
1 I 25
42l 42 I 42
1 66 66
6
79
47
30
it
'75
37
'4$
10
33
55 I
9)
4-
I'
' 64 i
35
-I
52 H
9
4l
1
I
64 j
34
I-
I-
1
1
1
23
25 V.
28
63
24
do .pfd.
Interitate Callahan
Int. Harr
do pfd.
Int. Merc Marine
do pfd.
Int. Nickel
4900 Int. Paper
. . . . I do pfd.
lOOOIInrmcible Oil . . .
3600l&land oil . .
2 600 1 Jewel Tea .
HOOjK. C Southern .
8001K. C. Sou. pfd. . .
7100Kelly-Springiield .
HOOlKennecott
200Keystone Tire ...
700jLack. Steel
300Lee Tire
400Lehigh TaUey
ILorillard
400Lowe Theatres 14
9740Mexican Pet. U5
400Muuni 21
4400Middle States Oil., 12
HOOiMidrale Steel I 25
1001M. K. & T I
1 do pfd. I
IMont. Power I
3 00, Mont.-Ward
45
13
49
8
2
9
26
51
42
19
11
41
25
52
2
6
77
44
13
46
56
123
19
37
48
1
10
17
28
75
21
36
56
60
10
95
33
7
34
o
6
3
T8
101
9
44
13
48
90
8
2
9
25
51
40
19
11
40
26
51
NAVY MEN GO TO
AT A CUT
WOI
7
2
9 I
25 I
50 I
39
1-9
11
40
25
51
1146
13 I 13
98 100
400
800
400
99
95
90
94
100
98
93
91
100
100
100
101
99
85
85
97
97
4 i
88 i
.
ii I"
'
74 1
t-
26 I
33 l
62 t
8
4
87 I
1
1
41 j
73
23
32
60
'8
19
13
13
2001 do 1st pfd...
lieOOIFamous Players
I Fed. Ming. & Smelt,
I do pfd.
100Fisk Tire
19
62
63
13
18
50 I
10 1 10 1
65
7
16
10
23
25
38
34
53
24
35
56
4
87
27
67
41
74
.103
20 1
33
77
63
60
80
8
T
13
18
1
64
13
18
51
5
22
10
700
100
3100
10900
Saved
Missoun-Pac
do pfd.
M. St P. & S. M . .
M. & St, L
Xat. Biscuit
Nat Enamel
lOO .Nat. Lead
200pievada Con. ....
900New Ha ren
800Xorfolk & W
4000Nor. Pac
. ...;Nora Scotia Steel.
?. T. Air Brake.
1500Xew York Central.
300Okl. Prod., pfd. . .
Ontario Surer . . .
Ontario & W. . . .
Otis Steel
Pacific Der
Pac. Gaa & Elec.
Pacific Oil
an Am. Pet. . . .
2300 Pan Am. Pet. 'B".
2300ll'enna
300iPeopies Gaa
400, Pens Marquette .
lOOjPhiladelpuia Co.
300Pure Oii
1 000 i Pierce-Arrow
1000Pierce Oil
200 Pitta. Coal
300Pitts. & West Va.
... . do pfd ,
lOOIPressed Steel Car .
5300jPullman ,
4 00, Ray cons.
9400Reading
300Reading
IReplogie Steel . . .
390OKepubUc I. & .S. .
do ptd. ........
Kep. Motors
Royal Dutch Oil . .
Ry. Steel Springs.
.... Saxon Motors . . .
3 100 1 Sears-Roebuck . . .
.... IShattuck, Ariz. . .
IShell T. Sl T. . . .
5100Sinclair
100 1 Standard Oil, Cal.
300iSloss Shef
3800 SOU. Pacific . . .
I6OO.S0U. Ry
i do pfd.
800jSt L. & S. F...
400iStromberz Carb.
21400Stndebaker '.
Swift & Co
Tenu. Cop. oc Chem
14100 Texas Oil .
6400!Texaa Pacific
1000'Texas Pacific C. & O
1 80c7Tab. Prod. . . .
1800 .Transcontinental Oil
800 Union Oil Del..
18
19
38
20
11
25
17
IS
38
6000
100
75
10
14
95
77
72
1
20 '
66
35
48
44
38
53
18
29
24
12
6
58
26
08"
92
12
71
23
' 52"
46
83 I
20
11
25
1
3
48
17
19
38
69
9
117
"Washington. Sept. 21. Between 430,000
and 60,000 employes at government navy
yards throughout the country went to
work today under a reduced scale of
pay. The cot in wares averages jabout
14 per cent, but varies from 10 per cent
for technical employes to 50 per cent for
some positions. The five day week, in
stituted to keep as many men at work
as possible, will be maintained.
MOLASSES
New York, Sept. 21. The American
Molasses company has announced reduc
tion on all grades cf molasses, effective
at once. The prices now are: Fair, 35
to 44 cents a gallon ; good, 46 to 54
fancy, 54 to 62 ; open kettle, 6o ; ponce
fancy, 58 ; choice ponce, 56 ; Porto Rico,
45 to 54, and black strap, 12.
BISCUITS
Cleveland. Sept. 21. A large cracker
manufacturer here has announced a re
duction from 2 to 5c a pound on the 200
products of the company. This repre
senta a cut from 10 to 25 per cent.
RUBBER
New York, Sept. 21. The market for
plantation rubber is very quiet. There
has been some factory demand for
mixed grades, but not enough to stimu
late trading. Smoked ribbed sheets re'
main at 14V on the spot.
Salem. Sept. 21. The state Irrigation
securities commission Monday graated
an extension of time on its guarantee
of Interest payments on $1,350,000 In
bonds of the Ochoco irrigation district.
The extension is for one year on $250,000
of the bonds and for six months on the
remainder or tne issue, interest guar
antee on $100,000 in bonds of the Slide
irrigation distric. in Malheur county
waa also voted.
Ocboco District Is
Granted Extension
OVERALL DEMAND
SAYS MORE ACTWffY
FOREIGN EXCHANGE BATES
Corrected daily by the foraiaa exrhaju do-
paruBeoi or im united states MaUooal bank.
UuotaUone below (except Um pound atertans)
an ob tne Daaia uuu unita lureun eurrenr
Opening Boauna ratea on bank uaaaacUooa
IKaft Cable Par
Cbecka. Transfer. Valoa.
3.71 3.71 $ 4.866
.W8 6 99 19.30
.92 .92 23 81
4.13 4 16 19.30
Loa. teriins t
Pane Franca. .
Berlin Uaika. ..
Genoa -Lira
Atfaesa
Lrrachmaa -.
Copenhacen
Kroner . . .
ChriatianW
Kroner . . .
Stocknoim
Kroner . . .
Honck one
Currency Japan Yen ,
Sbanshai
Taela 72.90
Canadian dollar Uiacount
By Ralak Salt
Special Comapondaat at Tfca Joaraal
Atlanta, Sept. 21. The upward trend
of business in the Southeast and the
spirit of optimism that dominates the
outlook here have not been serioosly dis
turbed by fluctuations in the price of
cotton on the New York and New Or
leans exchanges. The Increasing demand
for splnnable cotton by New England
and Southern mills has steadied the price
of spot and this has contributed to the
general improvement in everr line of in
dustry and commerce In Uu Kcuon.
The half doxen large manufacturers
of overalls here report an unprecedented
demand and are' running at top speed
and advertising for help. Charles T.
Ktutnally. president of a big overall
paay bore, aaid today that the buatoees)
of his concern waa larger than at any
time during the war period.
"It li the same with other manufac
turer of veralls," he added. "Kales
are the largest in the history of the la
duatry In Alanta. Our firm shipped
50.006 pairs of overalls in the last three
week and we are sold out to January -with
order mounting every day."
Other manufactarers lay the demand
to realisation by the nubile that good
timet are Just around the corner, and
merchants are restocking; their shelve la
preparation of the return of the unem
ployed to their labors.
4.93
17.63
12.30
21.63
32.83
48.03
4.98
17.68
12.33
21.70
53.10
4 8.10
49.30
26.70
26.70
26.70
s
73.20
1 1 per cent.
hy Saving!
THE German troops would not withdraw from French
soil at the close of the Franco-Prussian war until the
indemnity was paid. The foundations of the French
Republic were threatened. Then a plea was made to the
people. They emptied their stockings in which they kept
their sayings into the coffers of the state. Democracy; was
saved in France!
J ust as a nation may be saved by the thrift of its people;;
are individuals saved by thrift,
Nothing quite takes the place of a little ready money in
case of need. It is a buffer between you and the rough
knocks of the world.
Start now to SAVE. Open your account with The First
National Bank, known for three generations for integrity.
' and friendly service.
THE FIRST NATIONAL BANK
, . OF PORTLAND OREGON
1600iUnion
United
800t'nited
7800ii;nited
300
8200
1700
6400
300?
75
10
13
76
71
1
i8
68 hi
34 W
4 5
42
38
52 H
18
29
24
12
6
58
26
58
80
12
69
22 ft
49?
45V4
83
68
19
71
38
77
20
23 H
81
74
67
18
71
37
76
20
23
30
72
15600
2300
200
100
6000
1900
200
200
'ioo
200
200
100
300
1200
300
do
8.
. S.
do
Pacific
AUoy
Drug
Food Prod.
United Fruit
United Retail Stores
C. 8. Ind. Alcohol.
U. 8. Bub
1st pfd
Smelting. . ..
Steel
pfd
Utah Copper
Va. Chem
do pfd
Vanadium Steel . . .
Virandou
Wabash
do A pfd .......
do B pfd
Wells Fanro ......
Western Pac
do pfd
Western Union . . .
Westinshouse A B .
Westinghse E & M.
West Mo
White Motors . . . .
Willys-Oyerland . . .
do pfd
Wilson Packing . . .
Wisconsin Central . .
Wool worth
200Worthington Pomp.
100 W. & L. K
35
22
18
67
7
17
120
55
12
107
82
46
48
85
78 77
49
29
21 21
6
40
Akron, Sept. 21: Although tire com- I
panies which enjoyed a satisfactory
business during the summer are prepar
ing for a more quiet fall and winter sea
son there are no large stocks on hand,
there having been but six weeks' supply
35 ' ready or shipment August 1. The com
74 panies for the first seven months of this
10 I vear operated on a basis of 25,000,000
units per year, as against 33,000,000 in
1920.
DRUGS
New York. Sept. 21. Dynamite gly
cerine is easier in this market. Recent
tales have been made at 12 cents a
1-ound, and the nominal quotations are
12 to 12 Vs cents. Stocks have been re
el iced somewhat, but there are still sup
plies available at low levels.
SILK
Jiterson, N. J., Sept. 21. The number
of workers employed by local broad silk
manufacturers is only 63 per cent of
normal. Only 59 per cent of the normal
number of workers are employed now by
ribbon manufacturers, a decrease or 7
per cent as compared with the early
summer.
HOPS
New York. Sept. 17. A remarkably
small amount of the 1921 crop of hops
remains unsold in first hands These
shocks now are estimated at 19,1)00 bales
in California. 80O0 in Oregon. 6000 in
Washington and 4000 in New York.
39
13
95
77
23
55
71
1
3
19
9
10
66
34
47
43
38
52 H
18
29
24
12
6
57
25
74
58
91
12
70
22
23
50
80
9
46
82
3
67
6
83
18
71
36
77
20
46
23
32
73
95
7
34
22
18
65
7
17
119
24
55
12
106
51
45
47
85
29
77
109
49
29
75
30
7
7
20
13
57
21
59
83
85
44
9
32
6
27
32
28
110
40
8
Kew York Bond Market
Furniabed by UTerbeck A Cooke company.
Hi
Atchison cenL 4 s
BaL a. Ohio gold
Beth. Steel teL 5s
Cent. Pacific 1st 4a
8L Paul leoi. 4 s
Chicaao N. W. genl. 4s
ew l ark Ry 3s
Northern Pacific P. L 4a. .
Heading r genl. 4s
Union Pacific 1st 4s
V. 8. 8uel Ss 94
Lnion l-aaclllc 1st ref. 5s.
Southern Pacific coot. 6..
Southern Pacific cony. 4s..
Penna. Conr. 4 s
Pcnna. 1st 4 a
Chea. A Uhio con. 5s ... .
Oregon Short Lane 4s
Bid. Aik.
78 78
70 71
86 86
76 76
64 65
77 71
20 23
77 77
76 77
82 83
94 3
W4 93
92 94
83 83
86 87
81 8L
83 64
86 86
A simple "balancing device haa been
invented by a Californlan to test the
relative freshness of eggs.
Lincoln County
Oregon
6 Road Bonds
Dated Sept. 1, 1921
Due Serially 1926-35
Denomination ' $1 ,000
PRICE TO YIELD FROM 5.90
TO 6
WESTERN BOND &
MORTGAGE CO.
80 FOURTH 8T GB.OU3TD FLOOR
BOARD OF TRADE BUILDING
Telephone Mala lis Portland, Or.
PACIFIC COAST BASK STATEMENT
PorUane) Banks
This Week Tear Ago
6.872.279.92 6.060.279.92
6,839.014.56 7.4 1 5. 22s. 18
5,488.178.95 6,636.834.62
Seattle Banks
Wednesday $ 5.398.220.00
Wednesday I,008.9o0.00
Tecoma Banks
Wednesday 1 430.615.00
Wednesday 852,135.00
Spokane Bjanka
Wednesday 1 "on im no
Wednesday 849.012.00
. Oakland Banks
Clearings Wednesday f 1.463.000.00
. -m Ane4a Bnk,
Clearings Wednesday 314.424.7(2.00
" riwmw nanss
cieanngs Wednesday 322.700.000 OA
Clearings
Monday I
Tneeday
Wednesday . .
Clearings
Balance
Clearings
Balances
Port of
Astoria
9-year 6's at 98.30
to 1
yield Hj 4-
Income Tax Exempt
The Port of Astoria comprise all
of Clatsop County feo graphical
ly they are Identical. These bonds
are the direct general tax obliga
tion of an assessed valuation of
41.550.715, with a bonded debt
less than 10. Population. 1I20
census, 23.030.
Wire orders collect. Call or "phone.
7
Clearings
Balances
jfreeman
Smith
Camp
A yield nracticallv as
high as a first mort
gage, only far more
prelerable, because it
ts backed by a
Cold Bond Income Tax
Exempt and Payable
Out of Taxet.
Peninsula
Drainage District
. No. 2
"1497 acreM that putt
Portland' waterfront on
the Columbia."
Bond rate 6,
serially 1926-36,
nomination $500.
due
de-
LUMBEEMENS
Jkua x (Sxivurr 'BANK
Broadway and Oak I
Sales, 600,400 shares; bonds, 317,123.000.
$2,100,000
Province of Alberta
s
.Ten-Year 6 Gold Bonds
Dated September 1, 1921
Due September 1, 1931
Foreign Bond Market
Furnuhed by Orerteck & Cooke Co.,
of Trade Building: Bid.
Russian SHs 1921 . 15
Rossian SHs 1926 ......... . 4 4
Russian 6Hs 1919 15
French Cs 1931 53
French 4s 1917 44 VI
French 5s 1920 64 V4
Italian 5s 1918 31
British 5s 1922 372
British 5s 1927 363
British 5s 1929 361
British Tky 4s 278
British ref 4s 261
Belgium rest 5s 63
Belgium prem 5s ........ .. 65
German W. L. 5s ......... 8
Berlin 4s 8
Hamburg 4s ... . 9 Vi
Hamburg 4tt 9H
Loipsig 4 Vi S 9
Leipsif 5s 10
Munich 4s 8
Munich 5s 10
Frankfort is 9
Jap 4 69 4
Jap 1st 4Vi 85
Jap 2d 4 Vis 83
Paris sixes 99
U. K. 5 Vis 1921 99 Vi
U. K. 5 Vis 1922 98 Vi
U. K. 5 Vis 1929 89
V. K. 5 Vis 1937 85
THRIFT
ENCOURAGES
GOOD
HABITS
and promotes ambi
tion to accomplish
something worth
while.
Bank your surplus
dollars with Ashley
& Rumelin, Bankers.
HOURS-8A-M TO 530 P M.
SATUKDAYS-8AMTO 8P.M.
Principal and semi-annual interest. March 1 and September 1;
payable in gold in New York City.
Denomination, $1000 Registerable as to Principal.
THese tfon'ds and tHe interest t Hereon are a direcf. an'd primary
obligation of the Province of Alberta,
Exempt from Canadian income taxation when held by residenls
of United States,
FINANCIAL STATEMENT
Actual valuation of taxable property (estimated) . - , - ,,. r j
Assessable value of all property within Province
Gross funded debt ... .......
Less revenue producing debts
Net funded debt
Provincial assets -
Population (estimated)
.51,000,000,000
529,14867
i 52,275,2:2
28,621,546
23.653,726
157,017,847
. 600,000
THE FIRST NATIONAL BANK WEST
OF THE ROCKY FOUNTAINS
State of Oregon
Highway Bonds
Dated Oct. 1, 1921 Due Oct. 1, 1925
Denomination $1000
INCOME TAX EXEMPT
PRICE i01.77, YIELDING 5.50
1 Wire Order Collect
Ralph Schneeloch Company
Legal Opinion of E. G. Long, Toronto
PRICE: 95 and INTEREST
YIELDING ABOUT 6.70
MUNICIPAL AND CORPORATION FINANCE
LUMBERMENS BUILDING
' Portland, Oregcsl
Myth, Witter & Co.
Carstens & Earles, Inc. Seattle National Bank
Guaranty Company of New York
I-
v " ? r