The Oregon daily journal. (Portland, Or.) 1902-1972, October 14, 1921, Image 21

The Oregon daily journal., October 14, 1921, Page 21, Image 21

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Newspaper Page TextTHE OREGON. DAILY JOURNAL,, 3TORTLAND, C.IZCCN STOCK MARKET IS' SLOW (WITH TRADE INCLINED TO HOLD TiMDING 15 BRISK; ' GAINS FRACTIONAL . New Tork. - Oct. ' 1 4 (I. K. S.) The stock market clewed weak today, nearly alJ of the active issues closing at the low levels of the day. . There waa heavy telling- in railroad shares, especially the St.. Paul issues, both of which broke over points. The steel issues continued heavy, United States Steel falling to 71 Baldwin yielded nearly 3 points ' .to $5. - The oil issues also showed a reac tionary tendency. i Government bonds, unchanged; rail way and other bonds. Irregular, ; !; PACIFIC coast bank; statement IT Clearings--- This Week. Tear ago. O.VlS.Sia.ei , HOIUUT HolKUjr Tneadar . . . Wednesday Thursday . . i'nda . . . t.289.368.14 6,74X.9tt.55 1143.684.47 7,908,292.89 , tutlti Banks nnritn Friday 3 7.346,183.00 Btluea t'ridar 1.407.114.00 Taowne Banks ClaHin Mikjr ...I 898,209.00 Balances Friday , 94.058.00 8 pot arte Banks - Clearmgs Friday t 2.180.S87.00 Bosses Friday , $ 691,887.00 , . San Franetoe Banki ClserUgs Friday $28,200,000.00 Oakland Banks Clearings Friday ...8 2.861.000.00 La Aneeles Bank Clearings Friday .819,938.718.00 WALL STREET QUOTATIONS . Purnlahed by Over beck A Cooke Cow Board of Trad Bunding. 8 TOOK 8 Close. Adams Express . . .-. ........... .. ' ' 47 , Ait. Chem. ... v. ................ Aias Kabto. ....................... 18 Akuks. Cold ....-.....,,...,.. H Aleak Juneau ..................... r 7 Allied Chem. 45 Ailia-Ctulraera .' Aaa.. Beet Sags s 2 AO., HotCll.. . V ! ' T Am. Cib . Cft , i V I a v 1 do irfd. . . . V 8S aim. Car A Fdy. 127 aa pro. . . .... ... iVBn Western Bond & Mortgage Co. BUY AND SELL INVESTMENT SECURITIES United States Liberty Band Issues, State, County, City, School and Foreign bonds, also First Mortgages on improved city and farm property. List of Carrant Offering Upon Request. - Ground Floor, x Board of Trade Building MAIN 113 80 FOURTH STREET Abu Cot. Oil do pfd. ., Am. Orug Srnd. . . . Am. Hide Leather. do pfd. Am. ice ..... Am. Intl Corp. .......... Am.' Unseed ........ ....... Asi. Look.'. .............. . do pfd. Atlantic IU " Asa. M. stasor . . . . . Am. Bhlp CoosMiea. . . . . . An. smelter ' do pld.. ............. Am. Snuff .. i i . . ... Am. Steel Fdy. Am. Sugar .............. , do. pfd. ... ... . , ,p f . '-f Am. Sumatra ....... i. . . Am. TeL TL ......... Am. Tobacco ............ - 'dO SV'; .-. ...f....a Am. Wool .......... .... dd pfd. . ., Am. W. P.. pfd. Am. Kinc . Anaconda . . . . . . Asaoeiated Oil . . . . Atchison . . do pfd. , Atlantic Coast Una AtL GoM W. L Baldwin Coco. do pfd. Baltimore A Ohio. do nfd. :. . , i Beth. Steel B" . B. B T. .... 4 Botte C A Z. Butte m Sup Barnes Bros, Caddo Oil California Picking California Pet. ... do pfd. Canadian Pacific ' . , Central leather . . . Cerro de Pasco . . Chandler motor ....... Chicago ft N. W. ................. Coco. Gt. W. .......... - do pfd. ... . Chili Cop. ... Chino .... '.. a it st f. ................ do pfd. . - Coca-Cola .... C. A O. Colo. F. A L . Colo. Southern . CoL Gas A Elee, Colombia Graph. Coo. Uaa Cons, Cigars ContL Can Corn Prod. Cosden OH C. B. I. A P do "A" pfd. do "B" pfd. Crucible . . . . . ..,.... do pfd. . . . ....... Cuba Cane ............. do pfd. Cnbin-lmn. Snaar 18 4k 88 4 10 50 SSt 81 24 89 H 104 104 4 6 8 75 104 ' 24 62 78 36 108 V, 74 28 . 40 ,82 86 80 8 2 85 97 36 51 52 .7 .r' 4. 14 103 12 65 40 78 111 28 29 40 67 7 16 12 24 - 28 86 84 54 24 34 1 8 89 22 44 77 81 32 79 66 58 83 6 1S 10 STOCKS Close. .... 100 .,..18 DaL A Hfao .....,... Doom Mums ............ Dl't L G. V............ ........ -' - 4o jpfd. . ... .... i.,4-, 1 Endicott-Johaoa . , . . ......... 4.. 63 Erie .... .4 12 do .let pfd. 17 o 2d pfd.'.-1..!.. ?18 Fsmons Players ........j., ,57 Fed. Mine. A amelt. do pfd., . . M ., ...... . .. . .. . . , 25 eiaa ynn . Gastoa Wm Geo. Clears r. ...... . . We offer a new issue of !.;.. Five-year. 8 Gold Bonds Payable in U. S. Funds To Yield 840! to 10.35 Price 99 and interest. Rep ublic Chile Chile has a perfect credit record for almost 100 years. Estimated per capita wealth $S00 Estimated per capita . debt $47 ; t One quarter of issue is covenanted, to be retired at fixed premiums each year beginning October 1, 1923. OJdesf. In the Northwest POKT1AKD, OKEGOJT ' ' ' Washington - , at Third ft r r $9,500,000 REPUBLIC OF CHILE . i , External Loan FIVE-YEAR 8 SINKING-FUND GOLD BONDS Date October 1, 1M1 . - nM October ; ltSI EXEMPT FROM ALTj CHItK AJf TAXES, PEESEKT . ASD FCTUiB . . r r, Ceiaoi Boadi is fleaomlBatloBi of 1M as : . THE CHASE KATIOHAX BASK OF SEW TOEK, Registrar Republte" ofChUe.t0 &iftCt xterluU obcatlon of the fuIr1uhIRi: iQ nni will covenant to deposit funds with Blair At Co.. in quarterly installments, commenc in January 1. 1923. sufnrienri tn ,ri.a.- JVrwraeiK . 85 e,iiBf Vfei's lv- i, 1st, - in 1, 1924, - m m s.ai ' v Said funds are to be applied to the purchase bf the bonds in the pen market at not exceeding the arxvere1rrJii J. DEBF: The direct national debt reported L?Dmf 1920. toirether with eubeequent exijTws lrlT thi ftoan. touyte about Jl94,Sr00, or abSut cSiul " ,thta NATIONAL, RESOURCES: Chile Is enrarM larreiv in , ?ing. arricultuni and stock raising. products iJa! nitrate of soda, copper. Iron ore, coal and otheViiw maShf In addition, t haa extensive timber areV The totTf wealth h .b" ostlniated at over $3,200,000,000, or aJrnost 80 FpSJ Price: 99 and Accrued Interest I TlELDINn APPROXIMATVT.v asnm lam . .at If aeld. to aiatmrltx, 1M IS I MaMaJ la ia-a 84 If redeeaied la 1914 Bond & Goowm 5?Tucker UJTTTED TAItS NATIOSAt oVWK fUnSTNC k WCt II ........... Gen. Klee. Gen.-; Motor ....... Glea Alden . . . , . . Gen. Asphalt . . . . , Goodrich Goodyear .....a... Granbr .....,. GteaS .Northern Ore , Great Northern pfd. Greene Cananea Golf 8. Steel Hut Barker HoustoB Oil Hupo Motor Illinois Central ........ Inspiration ............ fob Acr. Corp. com.,... do pfd. .'. . . tlntersUut Callahaa .... Int. Harr. , , , . -i i . . . . , do pfd. Int. - Mere. - llarine . . . . . do pfd. ........... Int.-Nickel Int. Paper Invincible Oil ......... Island Oil Jewel Tea X C. Southern ....... do pfd. .......... Kelly Springfield ........ Kenneestt .............. Keystone lire . . . . . . . . . Lackawanna , Steel - . . . . , . Lee Tire..,.,.....,.... Lehigh VaBejr..... LorUiard . ........ Loew Theatres . . . . .s . . . . L. i A N. ....... Maryland Oil Mexican Petroleum . . . . . Miami . ....... Middle States Oil ; Midrale 8teel .......... M. SL. A T...,. ........ do ' pfd. ..... Montana Fewer monuromerr w ard Missouri Pacific . de Did-: . Nor. Ams. ...... National Enamel National Lead .. Nevada Consolidated v- II. " ............. Norfolk A Western ........ Northern Pacifio .......... Nora Scotia Steel ....... New Tork Central ......... Okla. Prod, ref Ontario Silver Ontario fc W. Pacific Der. a Pac. Gas A Elee 60 Pacific Oil ,. .: anu Pan. Amn. Pet 41 do "B ...... 39 . . . f . . 124 9 89 .53 80 10 17 27 11 11 68 64 11H 96 84 7 37 T5 100 10 44 18 47 18 a - 10 23 50 40 21 10 89 26 53 147. 13 103 22 93 22 18 28 1 2 54 18 18 41 40 40 75 11 13 98 73 24 72 2 3 STOCKS r.a ........ ... . ....... " T . . . ... Pent Marquette Philadelphia Co. Pare Oil , . . . . . .u. Picre'- Arrow: ........ Pierce OU ........... fMta, uosi ............ PiUs. A West Vs........ Pressed Bteel Car............... ttuunan ., Ray Cons, heading . aepiogia Bteet ., Repubhe L A 8 . ............ Rep. : I. A 8. pfd Rep. Motors .... Royal Dutch Oil..'. Kj. Stael- Svw. . Sean Roebuck . . . Shattack, Aria: (eelt X. 1. 8:uclair ....... ...... . Stand. Oil Cal. .......... . Sloss Bhef. .............. SoBthera Pacific Southern Railway , , St. L. A 8. F Stromberg Carb. ......... . Stndebaker . , Swift A Co : : Tens, Cop. and Chem Texas Oil , Texas Pacific t . . . Texaa Pacific C. A O...... Tobacco Products ....... ... Tran. ContL OU Union' Oil Del. fnion Pacific ............ I'nited AUoy fnited Drug United Food Prod.... United Fruit . United Retail Stores . . . . . . . U. 8. Ind. Alcohol C. S- Rubber tdo pfd. V. 8. Smelting ........... D. 8. Steel do pfd. Utah Copper Va. Chem. ................ do pfd. Vanadium Steel Virandou Waba-h . . . do A pfd. Western Pac Wtero Union Westinghouae E. A M. West Maryland White Motors . Wmys-Orerland ........... do pfd. .-. Wilson Packing Woolworth ............... Worthingtoh Pnmo ........ W. A L. E. . .. 49 z 28 11 7 ....... .., mt ........ 24 55 .98 18 9 20 . 47 81 8 - 48 82 .i . 68 6 33 21 79 87 77 19 22 29 71 96 8 88 21 25 62 21 119 26 57 12 109 49 43 46 88 -82 78 110 .52 28 '72 : 80 i 8 7 20 20 82 44 S 85 5 26 ' 83 117 4 8 Perelgm Exchange Market -. sew Tork. Oct. 14. (U. P.l cWg opened higher. ; SurUng, 3.88,.vap e; franca. .0725; Vie. '.0891 1 marka, .0072; Danish kronen, .19A5. - - - At the close aternns was as ft tt 8S.8S; rraacs, .0724; lire, .0394; -auttj,- ,0811 ; DattjsA kroaea, .1902. , . Kx-div. per cent, t Ki-diT. per cent. J fix-dir, 2 per cent. Uberty Bond Sales -(Reported by Orarbeck A Cooke Co.) High. Low. Close. Liberty 8s ......... 9040 Liberty 1st 4s Liberty 2d 4s ....... 9262 Liberty 1st 4s 9815 Liberty 2d 4s ..... 9282 Liberty 3d 4a ...... 9494 Liberty 4th 4g 9314 Victory 4 9940 Victory 3 s 9938 8998 9246 9300 9250 9470 9292 9934 9984 ' 9926 9280 9250 9810 9268 9478 9808 9938 9938 Studebaker expected to earn $5 a share in current quarter.. -' ... Loan Oversu bscribedL Republic of Chile 5-year Sinking Fund Gold 88 . Yielding 8.40- to 10.35 One-fourth of issue to be redeemed annually by slating fund purchase or call "by lot, viz.: October 1, 1923, at 104, yielding 10.35 October 1 , 1924, at 1 03, yielding 9.25 October 1, 1925, at 102, yielding 8.70 October 1, 1926, at 101, yielding 8.40 Denominations T00 and 1,000. Principal and interest payable in U..S. Gold Coin in New York without any deduction , for Chilean 'taxes, present or future. - " ...1'' ' f . ;, - We offer the unsold portion of our confirmed allot ment at original .syndicate price of 99 and accrued interest, to. yield as shown above. ., Wire order "collece This offer is subject to withdrawal or advance in price without notice. . Freeman, SMITH - aneuNO pveeat CAMP LuMSKnMBMS ButLBIN Fifth a no Stank , CO. WAT B740 DOES A MUNICIPAL BOND Which cannot be called for 20 years? Which is a general obligation bond? .- Which is exempt from federal income tax? . Which is certified by the state of Oregon I as a legal investment for savings banks, trust funds and public funds? Which maintains your present income for a long term by YIELDING 7 APPEAL TO YOU? ' If ao, phone or write us for a4tailed information G. E. MILLER & COMPANY NORTHWESTERN BANK BLDG. Second v w MAIN . . .."" ; 4195 WANTED : BOND : SALESMEN A bond and investment house lias an opening for 3 good bond salesmen. Handling municipal and mort bonds, advertismg. and office help. Producers - can be assured of rapid advancement Must have ref. 4 erences. CALL MARSHALL 240 FOR APPOINT ' triaahses; Cash- Wheat Wteaipeg. - Oct. 14. Cash wheat No. 1 northern. 81.21; No. 2, 81.18; No. 8. 81.14: So. 4. 81.08: No. 5. 81.00. Every Bond Will Pay A Premium ? Bonds to be retired by lot '--';'. offered at 99 ToYieldfrom8.45tol0.55 Five Year Bonds Republic of Chile These five-year bonds will ; be ? retired BY LOT be ginning vith the second year. Bonds so called in .1923 will pay,. 101;. those in ; 1924 103; , in 1925 will pay 102 and in 1926 will-pay 101. ?Te money to re tire them will come from a 25 annual sinking fund. V Broadway and Oak ' v ' : : - WE.OFFkR v ,;v THE UNSOLD PROPORTION OF V $150,000F,lortgageBonds PCM ' ' interest Payable Semi-Annually j Bonds are leal. investments for savings banks and ' ' trust funds. Tax free covenant clause covering federal income tax Denominations of $100, $500. $1000 Payable 1923-1924-1925 : Delivery of these bond can be made at once Northwestern Bond and Investment Co. : 1212 GASCO BLDG. MARSHALL 240 P-4 Co Cxi mi trh U ' 1919 li 1920 1921 1 1922 1925 L .1924 ;0) Now Callable Northwestern Electric Co. First Preferred INTEREiST ARE GOING DOWN Good investment values are climbing. Monty now invested will earn as money will never earn again. " . - ; y The last great profits of "good times" will soon be , gone. , Have you got your share of them? m Cumulative First Preferred will earn high returns as long as there is use for LigritHeatPpwer 'A dollar invested now will earn the same returns as $1.50 invested at prevailing rates of five years ago. And the balance of five years ago is quickly approaching again. . , Northwestern Electric Company 7 Cumulative First Preferred Sound, Conservative, Secured Northweste Electric This Growing Business Has Paid 26 Consecutive Dividends ' SEND FOR BOOKLET USE THE COUPON J. G. TA VAJRES, Stock Sales Manager, Northwestern Electric Company ? . 10th and Washington. Streets, Portland, Oregon , . Please send me your free booklet, ' Hydro-Electric Dividends and How to Get Them" 4 , ;Name e...J.....v.i.... VI.. ?kis Is Ka. it of a terlei ef adTertlsemeats. - Address , ..... . . . . . MENT.