The Oregon daily journal. (Portland, Or.) 1902-1972, November 04, 1921, Page 18, Image 18

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18
. THE OREGON DAILY JOURNAL. PORTLAND, , OREGON
FRIDAY. NOVEMBER 4. - 1S2L
STEEL COMMON . ACTS 'WELL IN EAKLY NEW YORK TRADING
STRONGER FEELING
IN STOCK TRADING
(Win Stte-t Joarasl FIsaJtHel KrrWw)
Jsw Tata. Kit. 4 C. r.) Tae whole
Saertat, tera4 etreag lefere tae raw of the first
fcrmr. gtal eammnu get a ta tie last weet'e
wa ef l 4. while 'a aeasbs of hM wee
Uiootk thar eM hba.
Tten ni so tat ap la th eVauaa for Vndi
14 ntartirsjlr the entire boaa Hal wormett inW
& aaw Ikia-e, armful
MaxVae I'strntonss. attar aa early raa SO ta
lea. fart. ttmt taste. '
ftturk rnnae 4 Mot aoad.
a mood U: a general reectioa tt la,
arnica canard laeaet ertrstlng k paint r store ta
Aapeslr, Maxieaa retroasasa. Kaalptseat aad
MM Toheecea.
c'nn held as Mtff Hhea ear etaer grow.
There was aot lata ia Um toads.
Tha ansrtrt cleatd irrrfulsr. Bear trader
kouu rethar easraaaire : durmg tha last hoof
ea tha Tart stork atartst ia their attacks
imi tha af.itrea alia, eantpsjieats aaal a fa of
tha dnaau oils. Earlr In tha OUT alasieea
l-otfobaai kad saade a aw biak oa thta aaore
a4 tlila fart la . Kaatf eermd to raaka it a
. terse far attack. Fseifle OU aotd ntf oa tha
' a,M aaaotha eerntog atatanaent, erhaea hardly
aaaae ap to aarltar foraraeU. Al far a BakV
wut la eocw.ro .d, this atark la alwars a fa
nrlte trading saediaat eawag Um professional
slaaamt,
'r'-' tha srtliag la. tha troops mrrrad
l, miom stocks wsre itmtl and Con Products
. mada a bita prlee far tha Trer abore 87.
KnHroU.Jor.nac. which la ona of tha ft torn-
tkalea- aweaapad with aaaaiaaaa., got into Bawl
h ground oa tha saere above 72.
1 , a. itnrks aim wort higher. Th bend
Biark't rentinned its upward Biota. Tba re
, rant laraataunt baring in bonds is now spread
trig to tha fewttrr rkaae of prafarrMl storks, all
af which bare bare sabttaattal adraaoes dor
tat tba last taw dart.
Marls wara again tba faatara of tba at change
atarkat. breaking to a nrw krw prve. Tha
athar esebaas ara ttaadj. Call monry after
taaawlna at o prr cant waa rsisad to & Si par
raat shartljr brfari tba clean.
Kadinntt-JobrMna and Cora Products mada
aa aiihs nt tha ranr tarlr In tba afternoon.
KA mom this la a imw hiah for tha Tear la corn
lwodorta. (Wma of tha aptnwa trsdara bars
tiaan arl)rn Corn Prodnrta short am sinra it
i inwuj it and ara rather worried br the ad
ranc. . Tha rait of the Ust did Hula. , In fact, many
Stacks rertatly featured spceared beary.
WaALL STREET QUOTATIONS
I Vr Oaoraask Osaka Oo. Board mt Trada Bufidat. ; '.
Students Aid to
Philadelphia Trade;
Open Shop Mills
Prank D.
Special Correspondent i of Tba Journal
pbUadetpbla, Nor, 4 "Hie stndent poTjola
(soaj ansipaeed of tbosa from other plaeaa who
attend eahoote and coUefss here baa added
mora than 10 per cent to the population of
Philadelphia and vicinity this falL. Prortnion
of food, shelter, rlothlna, books anrl irnnn
Meat to three pirpile has added, largely to ra
eelpta of local b twine hnwea. It la eatl
utrd that there ara 2f,000 students from
ather sections bow Urine In tha city proper,
and about half as many ia . surrounding sub
arbaa towns.
Work baa started oa MM bit skywraper in
" tha baairwea district, tha ftnt buildint of
arh a trpa to b begun la serenl years.
, Plane ara completed fer many buildings, but
eonatranfJon Is awaiting readjustment of buikl-
' Inaeneta. BtroctaraJ. steal k worklnt lower.
Tba waatbar has baea farorabl and a lart
. s mount of renair work baa been done, axford-
last eesolnrment for many painters aad roofers.
Although It baa beaa announced that the
totUle strike bsa been settled, employers say
there easily Is no chenae in tha labor sitna
tkt, lfilloimeri are going ahead oa the open
socio beeia. emolorlng oDeratiTes who will ae-
eert their terms without dimrtmlnetioa. floaa
toitila mills are able to parsta.oa part Una
aad soane ara sttll Mia.
Spokane Woolen
r Mill Is Purchased
Rpokaaa, Wash., Not.- 4. TSa Bpekaae
vnelea mills baea baea purrhsasd by i, W.
Mrs liter, a wool aaa of LatehfUldL Mana.. from
kiurphy Brothers, Portland, and tba new earner
will start eneratioa ta leas tbaa a weak. Tba
porebaea prtee of the mill was aot tirea, but
tha plant Is ai. praised al 140.000. Ona shift of
aheat It) peopla will be employed at tha be
finalng, but as bustneea demanda It another shaft
. will be put to work. Jtlanketa, asaekiaawa.
aUilk, shirting and ether woolen artielea will
ba maaafsatured, llr. Bralller stated. Tba plaat
will b kaowa as tha Inland Empire Woolen
Vilila. and U1 be aadar tba direct superTiskia of
alt. BraiUer.
UtorJt
Adama Xipreaa ...777
Adraaca) Ram .......
4a ptd. .........
mgr. rbem. .......
A)ag llubber
Alaska irald
Alaska Juaaam
Allied Cheat.
AJUa-Cbalmaia
do -pfd. .
Am. Beet Satar
Am. Beech.
Am. Caa Ca.
e)a pfd,
Am. Car Fdy
da pfd.
am. isl iru ..........
Am. it-u uyaa,.
Am. Mlde
io pfd. ..
Am. Ice ....
Am. latl Corp
Am. Mnssed .
am; pfd. ;.
Am. Loco. ...
WW ' yiu. a .... ......
Am. Bar. Rater...:..
Am. Bhlp m Com.....
Am. BmeTter' ....... .
da pfd. .........
Am. Mteel Fdy........
Am. aatar
do Had. ....
Am. Bumatia
Am. TeL V Tel.
Am. Tobacco . .
da B pfd. ..
Am.- Wool
do pfd. .....
do P pfd. . . .
Am. Zinc ,
Anaconda
Ased Oil t
Atchison
do- pfd.
AU. GuU W. I
Baldwin uoea, .......
da pfd.
Bslto. A Ohio
do Pfd.
Beth. Steal B
B. B. T...i
Butte C. dt Z
P-utte Ac Sup. '..
Burnt Bros.
Osddo OU
Calif. Psrtdnt
Calif. Pet.
da pfd.
Canadian Pacific . . . . .
Cen. Leather
Cerro da Paso .......
('handler Motor ......
Chicago eV .N. W
Chicago Ut W.
do pfd. . . . .
Chili' Copper
Cbino
C. M. 8t P. e
do pfd
Coco Cola
O. O
Colo, P. A- I
Colo. Southern . . . .
CoL Gas m, Elec. .
joiumoia orapn. . .
t on uas . ,
Cons. CSgsrs
Conn. Can
Corn Products . . . ,
Coaden Oil
C. R. L P.
do "A pfd. . . . ,
do "B" pfd.
Crucible ,
do pfd.
Cuba Cane ......
do pfd.
Cuban Asnn. Bufar
DeL Hudson ...
Dome alines
Endlcott Jobnaoa .
trie .s
do 1st pfd. , . .
do 2d pfd. . . .
Fain en Plarers . .
Fed. kiln. A Smelt
do Pfd.
Flak tire
Gaston Wms.
Gen. rig are
Gen. Elec
Gen. Motor ......
Giro AMea .......
Gen. Asphalt
Goodrich
Goodyear .......
Graaby
Gnat Nor. Ore
Great Nor. pfd. . .
Green Cananaa . ,
Gulf . Hteel
Haek Barter
Houston Oil
iupp Motor ......
lis. Cent.
Inspiration ,
Inti Agr. Corp, e. ,
da pfd.
tntarbora .......
do pfd.
Interstate Callahan
Int. Harr
Int. Mere, marina
do pfd.
Int. Nickel
Int. Paper
do pfd. ,
Hltfc-
20 K
47
4
St)
7
112
is
7
24
214
"
I
40H
70
20 M
64
AO V
... li
lot
12
12S
7814
24 4
eat
4S
sa.
si
si
92-4
S7''
Si
S6-H
8M
S
14
10H
12
1U
80
14.
29 44
81V.
41
68
Sayings Accounts
"Show an Increase
Ht nlv Not. 4. The metnga of tha
isanvla af this section hae Increased ramark
M, la tha last year, ia apite (A busii
il nnsaiiina and anemnlnymentv A nrrey
tha situation nf tha aaetnes. banks In Mi. Iuia.
lauiatlile, - Memphis and Uttle Back, reprreesj
tstiea ef eoastitiona throngSout Mtraoort. Ken
tarky. Teaeien s and Artsftwis. shows that tha
eaTtrtee tfenroiU la t4 leading tanks totaled
SiessTuntT on October an inrreaae
tl.t7.12 aeer tba total oa the same date
last rear, or 14.07 per cent Sinra July
wkee, unemployment bad been marked, tha de
taalla dacreeaed only tl.704.54t. oe 1.34 par
sat.
Water Bond lssua
Loses at La Grande
lyrw. Bsl
X9
49
S4 .
2S44
85 m
181 Vk
ia''
Vk
154
24 54
t a
4
''
7V4
29 H
SSH
7
85 H
1084
1254
122
77
24
42H
83 H
8014
294
04
87
654
7H
44
18
10 Va
12V4
70
48
8014
114
20
804
48H
674
12
76
23 V4
87
4014
S3
88
62
4
9S
48 Vi
87
82
824
68
65
8
19
15
105
18
72
12
17
65
68
68
7
1.8
14
108
18
71
11
17
64 "
10
183
10
64
82
21
81
73
88
73
77
11
36
1
5
77
11
50
18
St
12
75
28
86
89
64
88
62
8
92
47
83
82
82
47
lift
6 4
0
a
4
M
2fc
86--
181
1L2
M
SK
1
63
66
89
24
48
a .
68 ,
4
B
89
78
26
58
7
85
10
125
122
7T
24
8
42
106
83
1
J
90
91
31
60
56
1
14
109
12-
7W
48
791
118;
29
80-H
48
68
1
It
12
26
28
87
89
84
24
88
62
8
3
24
46
87
82
32
78
tocb
loisjaile Oil
Jewel Ten ...........
A- C. Soutbcn.......
pfd. a.
aUUy-fiprfagfleid .....
Kanaacott . . .
nerstone Tira
Latckv Btacl .
Lea Tira ...
Lehiah Valley
Lorillard . ...........
Loew Thcatrea .........
U As
kuetay . ,
Morlaad Oft
tax. Pet. .
10
188
10
62
SI
20
81
72
87
71
75
10
si'
1
5
76
11
4
IS
62
RfllMD
I High, f layer. Bid.
10
E
MMD
a
Middle States Oil
MUrsJt ntod
M. K. aV T. .
do pfd. . . ,
Mont. .Power
Mont. Ward .,
Missouri PacifJe .......
do pfd. ...... ,
M. 8t P. At B. S.M...
ocuj American .......
Nat. Biscuit .
Na. Enamel
Nat. Load
Nerada Con. .........
New Harea ..........
Norfolk A W. . ,
Northern Pscifio,
Nora Scotia Steel
N. T. Air Braka ......
N. T. Central
Okla. Prod. rei.
Ontario SUtct
Ontario A Western ...
Otis Steel
Pacific Der. .
Pac Gaa A Elec
Punta Ailecra ........
PacUio OU
Pan Ann. Pet
do -B3
PeansylTaiiia . .......
Peoples Gat
Pere Marquette ......
Pure Oil
Phillips Pete.
PiwSrroo-ArTOW . .
Pierce Oil
Pittsburt Coal ........
Pitta. A West Vs.
Pressed Btacl Car
Pullman . .,.
Ray Cons.
Reading ..........
Remington . ... v ... .
Repiogle Steel
Republic J 4c 8......
do pfd.
Rep. Motors .........
Royal Dutch Oil
By. Steel Sprints
Raxon Motors ........
Sears Roebuck .......
Shattuck, Aria.
Shell T. A T.'
Sinclair .
Standard OQ Cal......
Sloss-Shef.
So. Pac. ..........
So. By.
do pfd. . ,
St Ii. A S. F. .....
Ktrom. Carb. .......
Stndebaker ... . . . .
Swift As Co.
Tenn. Cop. Ac Chem.
Texas Chi
8
11
24
a e,
41
28
42
28
148
26
108
22
14
T0"
- :
10
z
a aj V
40
28
42
28
143
14
1
a m
19
18
4!
42
77
18
18
5
73
72
8
t '
:
65
29
46
47
44
85
58
18
36
28
60
103
1S
70
51
'6
49
84
23
108
22
18
a
1
18
18
42
42
76
12
18
93
74
71
8
63
28
44
46
43
34
57
18
35
28
6
69
102
13
69
6
23
82
SI TTexsA Pan.
63
83
7
18
14
103
-J8
71
U.
17
121
63
5
25
19
i
C8
133
18
43
68
31
10
20
81
72
22
BT
71
73
10
St
36
B7
1
4
78
11
49
13
62
b
Texas Pac C. As 0...
Tobacco Prod. .... ,
Transcontinental Oil
Union Oil DeL . . .
Union pac ........
United Alloy
united Drug
United Food Prod. .
United Fruit
United Rdv of N. J.
do pfd. j
United RetJ Stores .
79
19
44
23
76
100
8
43
22
20
60
20
121
'es
12
117
50
45
49
S6
33
81
110
56
50
"6
47
84
irrr
10
24
bO
40
23
9
41
27
64
143
14
167
0
26
103
22
18
24
1
2
88
18
18
42
5
40
121 :
41
76
12
13
93
74
21
54
71
8
4
19
8
B5
28
45
.46
43
34
57
17
33
27
14
6
68
23
59
103
13
09
20
21
City. Mo.. Nor. 4. Furniture
mirmfscTumt. in - Ona section report a -decided
increase in demand, -with 'also sn ' in
crease in tba coat of lumber. '
PERFUMES
New York, Nor. 4-- The larsest shipment
of ambcTxris lecetred Here ta years baa Just
arriTed front the Philippines. ' Tba substance.
which k nsed in tfio nunnftrtnra of nn and
etpeasiiet : perfumet. sells - at about $26 an
ATLANTA IS PAYING
IS SHOWING GAIN US BILLS PROMPTLY
66
22
81
78
18
44
22
74
9
8
42
22
25
69
8
20
121
62
11
116
82
7
20
484
44
47
85
32
80
20
86
45
28
124
13
5
31
6
20
20
U. 8. Ind. Alcohol
U. S. Rubber
do 1st pfd.
U. S. Smelting
U. S. Steel....
do pfd. .
Utah Copper
Vs. Chem. . ,
do pfd.
Vanadium Steel
Virandoa
Wabash
do A pfd
do B pfd
Western Pac
do pfd.
Western Union
Westinthouse E, A M
West Md.
White Motors
Wiilys-Orerland . . . . .
do pfd.
Wilson Packing . . . .
Wisconsin Central . . .
Wool worth
Worthincton Pump . .
W. A U E
White Oil
Money
, Total sales Stocks, 641,300 shares"
826.314,000.
. GLOVES : , .
Kew York. Not. 4. Tha .first suction sale
of floret under tha auspices of tha American
Glora Auction Sales corporation, composed
largely of Glorerarule, r. I-. ananuiactarerfc,
will bo held here Nortrnber 15. Abo-t 15.-
U0O dosen pairs will be auctioned off, retailers
and manufacturers han&t opportunity to make
their own prica.
UACHTXSBT A
Seattle. Nor. 4. Stocks of ' machlna tools
and henry machinciT continue to pile up here.
Prices hare been reduced SO per cent, but
there is little demand except for second-hand
machinery. Shipments ol . new supplies from
tba East ara small and neeligible.
AUTOMOBILES
Detroit. Not. 4. The Oakland Motor Car
company baa added 500 men to its payroll
ana increaaea tne capacity oi na piani nere
ta 100 cart a day.
DRT GOODS
New Orleans. Not 4, Salea of dry roods
dropped off considerably in the but 10 days.
Jobbers are not sorpnsea at tnu, in new ot
the reeord-breakinc galea af the last two
months. Tha clomp is bettered to be only
temporary.
GKAU
Philadelphia. Nor. 4. There hare been de
cided increases in tha amount of grain reach
ing this port for export to Europe. There
are more reaaeis in naroor una at any ran
for months, and this actiTity has siren em
ployment to many workers about the docks.
OIL.
Tnlsa. Okla.. Km. 4. The lifting of the
embargo on new development by the Oklahoma
corDoraaan commission has reeultea in re-
40 sc 1 sumption of many . drilling operations. The
aju ban waa put on in June because of orerpro-
aucuun.
WOOTj
TtaslaR. Not. 4. A km Quantity of fine
clothing territory wool ia reported to hare
been bought by the American Woolen com
pany. The company is said to hare purchased
all such wool that waa otierea at prices rang
ing about 67 to 70 cents a pound.
.,' ' F-aW SrnKh " .
- Special Correspondent of The Journal.
Atlanta. Ga.. Nor. t.-r-CcJlsetiocts an this
sectioa are much better Qua aspeetod and
wholaala heusei report that Ifcroidatioa a( ac-
counta ia beginning to catch up with ardexs which
betas to poor la whoa tha prtee of cotton ad-
Tanced to aev Ugh levels. - The opinion hare it
that tha cotton market has team its low lerel tor
the season and that better prices may )be looked
for after - the t"m eif Cgnrea and
the supplementary report am wsttoti yet to be
ginned are mada public
There is a general beHef that there win Va
no rail strike, but Atlanta hat organised emer-
teaey commuteea to act at a tie-up trentaally
comes. Beary newspaper sdrertixing ef bargain
sales is stimulating trade in the larger retail
storea.
Damage to cotton br tha hell weevil in thl
sosis u csuiea a oieanng in disguise, because it
forced fanners ta dirersifr their rmn t
ensiled them ta put food products on the market
at cood Briers. GasoUna erieai au ti . .A.
ranced 2 centa a gallon to- 24 cents retail, while
aniwuia as up 2 cents to la cents a gallon
wholesale and 16 to 17 cents retail. -
Pessimism ' -
Shown in Berlin 5
TOthMarkDecline
,.- -. - - "V
Berlin.-Her. 4. BeOeeting a new were ef
car prarlmrna at the euUeok : ef Carman
rJimncea.' tha saatk' touched a new low record
at 210 .te the dollar am tha Bourse yesterday.
Tba efQcial rata waa made 203. av drop e 19
roanht. tinea Wsdnsaday. a V
Tba latest ship It sttrTbaterl , to part tsy the
mek af an of Preasdeat Bareaatakn of the
Brichsbenk ia hit Bagotiataona ta London Craan
wbera he has futt latuinad. tad la part to the
threatening attitude ot tha National Leagae ef
Industries, which plana to withdraw the offer
made ta the torernmeat tat faraish security for
a twraatee ec ereaita agtracaung terecal naa-
oraa nuuion oouaxa.
In leadiag industrial eircJea there is a sansaa
distrust of tha p res ant Wtrth gorerament and
taere a gooa reason lor oaueriaw that an at
tempt will ! made to bring about Us fall by the
oaus ana irsTtsnnst reiasmg an roomtary unaa-
cias support.
6
47
84
2
66
86
22
81
37
78
18
44
23
80
74
89
8
42
22
DAIRY MODtrCE OF THE COAST
San Francisco Market
San Francisco. Nor. 4. Bntur Rrtraa Kflr
piiuie wn, its, lirffl. tuac
MB cxtras. Wtte: extra firara
tra pullets, 63 He; extra first pullets, 51c; ua-
Cheese California flats, fancy, 84c: Cuts.
24c
PACIFIC COAST BAKI STATE3TE3TT
reruaaa awima
1921.
Oeaitsn Monday . . 3 6.454.518
BaianoaaaMondaj.
Clearings Tuesday. .
Balances Tuesday. .
Clearings Wednesday
Balances Wednesday .
Clearings Thursday.
Balances Thursday .
Friday, clearings. . .
Friday, balances . . .
1.653.723
4.733.502
74B.17S
6.009. 830
986466
5.681.896
998.794
3.043.501
. 570.812
1926.
S 8.165.078
1.888.995
Holiday
Holiday
8.594T7
1.676.907
7.093.744
936.1 53
S.986,326
1.400.667
S5.691.00
46.181.00
BUSINESS SUNSHINE "
North Bend, Or., Nov. 4. The C.
McC Johnson mill at Reedsport has
secured a large pulp-wood order from
the Crown-Willamette Paper com-
L pany of Oreeon City. This new order
wui keep the mill busy for the next
six monhts. The Johnson Lumber
company has several camps enraa-ed
ln cutting spruce to fUi these orders.
J
Tacema ftankt
Clearings, Friday $
Bslsnrea. Friday
Spekane Banks
Clearings, Friday 3 2.204.4S1.00
Balancer, Friday 876.444.00
tarn lis ftankt
Clearings, Friday ...8 4.858.840 00
rUlannrs, Friday 1.112.717.00
an rranoisD nana l
Qeariags. Friday 825.10e.900.04
Oakland Bank.
Qearrngt. Friday $ 24 8 .000. 00
,, Las AneelM Banks
Oearings. Friday HS.SSl.ltS.OO
Me Seattle Mail at
Seattle, Nor. 4. (L N. 8 ) No Uresxoek
reeeipts today.
. ak of ragland rate retiared from to
swr eemt.
resnaaet amsawAloaa at
csmt eamaoitr
RauulJta Ten AV Cfl
nat Cntcage plant oa a 2 par
by tha federal reeerre banks, mmrsnrd with
eaatna? aatmer. . aa um i 1 a .t.nUi.
the rjamsstriaJs. srhcee andeeeo, of rood kaaykag
aaa beam found ka a maaaber ef avtnm,
Kew Tort- taaarlrati rnlm' rVl r..-... ml
wmaware Directors easnauy ajanuaia the
solids tion with Royal Dutch, a cprcaU aw
af aharahoadrrs beaag esBed for ' inailni 17
ta apprere the . aawtaaeat. l ader the agree-
tna utuoa va coalpaay sberenoidrre will
argtaita s new eornuration with aathorlaed
eapuai atoca of le.ptru.ovo snares of ao
ralue. Toe lamai Oil eeanpaay will tw
28 per eeat of the new ooaasmay'a stock, t
atorat viaco nttiret toe pajanca af 72 per
cent. -i
Stewart-Warner tpecdumitsi salsa aad ehh
mesns ourtag unooer were ta per cent
si nam of a year ago.
Standard Oa of California has aot
ms new nnencatvt
Dallas. Texas, reeerre bank eats rate baaed
oa signs of lower money rates.
Kew Tork-Loadea Silver
New Torn, Nor. 4. (L N. 8.) Com
mercial ar turer quoted:
Domestic unchanged at 89 e; foreign, e
lower at 69 Sc
London. Nor. 4. (L N. S.) Bar aurer,
d lower at 89d.
Victory -Liberty
' Bonds Show High
Prices in New York
New Tort. Sor. 4. (U. P.) Victory beads
rear bed par again today,
A arte Work of Victory 4 t sold at 1100
erea. The 8t tanas reached a high mar ea
ao oa
High prices lor liberty bends ranged from
til. 80 for the second 4s to ttS.10 for Cm
third 4a. .
Reported by Orerbeck A Cooke Co.:
Mln. Ixrw.
Lfberty. SHs
liberty, fust 4s .. M .
liberty. Second 4t .. .
Liberty, first 4t ...
Liberty, second 4 s .
Liberty, third 4 a. . .
Liberty, foarta 4 s .
Victory. 4t
Victory. t
.. Stat 8446
, . 9426
, . 9420
. . 9440
,. 9664
. . 44
..10000
. . 9998
380
880
362
588
9860
990
9870
9406
941
400
9430
9654
944
992
SI
0W1ES
E'
FORCED TO CLOSE
(By Untoed Kama '
Lynn. Vaav,Nov. C Thrt tarna aba
compankes bars unotinced' thtty win '
ckmm their Iactotiett vritMa. a vywak trt
the face of Westem compeUUowi whlcm.
mey say. they cannot meet bieaaai eX
the demand of employe, that wmftm f
kept aX present high levels. -
xn companies affected ara tht Bras
nahaa-iicLaxaghUa Shoo compsvsy. the
Hennessey. Maxwell A Henn tasty and
the Lynch Shoe. companV. The
cents havvw been running at pnetieMXtr
nornuu production, which, la tha cava
ot Hrnnneaey. Maxwell AV TTanrsossiT
reached 2000 pairs ef shoes p. day. BJsd
their otTiclals say if waxes eoald b
brought eWwn from their wtx-tlma ptaVk
they could con tin oa to obtain plenty cf
orders by keepina; prices as low as thrsss
of their eornpeUVors. who tnalts tha i
trade of shoes.
FOxUvIG EXCHA96E BATES
Corrected daily by the iareia-B earnaasw aa,-
partaseat wf the Caited Statae r stinaal haavk.
saarhatrF
are ea tee beam of ISO malts fsraarn
Upeniag aominal rates oa Beak
Drena
Lea. steranal 8 94
Pans Francs, . T.87
Berkta Marks. .43
. 4.S6
4,2
Cisnea lire.
Athene
Drachmas
Copenhatra
Kroner ...
Christie ate
Krseer . . ,
Stock hoias-7-Krorser
. .
Hongkong
Carreocy
Japan lea
Baangbas
Tads
18.7
18 SO
2S.lt
85.30
47 90
79.40
3 94
7.33
41
4.07
4.2V
13,71
13 63
22.1 S
33 33
48.03
79.70
4.9S6
It 80
28-tt
18.Se
1-S
2 7S
2CTt
2.7w
Ci-vtu- AoQar dascoaet t V par eeat.
. Ksw Tsrk Bsf ar at4 Caff at
New Tork. Nor. 4..
4 1-16 411: refmed. euast;
85.20 5 JO,
Uorise no. i tue. sgasi, a n.c; na.
992 9tt Bantaa, 11 4)12 e-
Standard Oil Stocks
Bid.
Anglo 19
Borne- Scrysmer
Buckeye ... ...
Cheesebrough . . .
do pfd. . . .
Continental . . . .
Crescent . . . . . .
rSn.K..l.nJ
552 I Eureka
"? T I Ralana. mm.
do. old pfd. . . ,
do ' new pfd. , ,
Illinois Pipe
Indiana Pipe
National Transit .
New Tork Transit
Northern Pipe
9
20
121
25
62
11
115
8
49
44
47
85
32
80
.325
... 83
,..155
...96
...120
...28
...130
,..85
...76
...93
...90
...160
...82
. 29-
...145
02
Ohio Oil 278
85
45
27
122
12
5
110 110
BU 7S I OO T
27
72
31
6
7
20
18
20
57
83
43
8
33
5
28
32
25
122
40
T
12
5
International Petroleum
Penn. Mex
Prairie Oil
Prairie Pipe
Solar- Bet ming
Southern Pipe . . .
South Penn. Oil .........
S. W. Penn. Oil
S. O. CaL
tlO . lDtX . o e e e a i
do KAIle a e a a e o e e
30 Kye a a a
do N. . X. .
do Ohio . .
do pfd. . .
do Neb. . .
Swan A Finch
. . . . . ,
14
. 24
.650
.200
.388
. 84
.232
. 54
. 81
. 80
.565
.410
.336.
.380
.108
.170
29
Vacuum . , 275
Washington . . . .......... SO
Imperial Oil 90
Asked.
19
350
85
165
9
125
30
135 .
89
79
98 1
94
165
'84
30
150
94
282
15
27
560
202
390
89
287
58
rT
5S0
420
340
390
110
180
30
280
33
92
Bis Prune Tldd
CorraUis. Nor. 4. C. B. Widmer. north
Benton farmer, produced nearly 80 tons of
prunes on his 40 acres this year. Ten tons of
the prune were in the 20-30 class.
bonds.
NEW INCORPORATIONS
Washington State
Treasurer Reports
Olympia, Wash., Nor. 4. At the close of
business October 81, the balance in the state
treasury waa 36.833,844.28, according to the
report of Clifford Babcock, state treasurer., to
C. W. Clausen, state auditor.
The balance for tha week ending October 84,
was 37.234.129.39. Receipts for the week
totaled JU80.361.19. tnd warrants paid during
the welk totaled 8600.435.73. Checks drawn
ea the express account totaled tilO.68, making
the total of the checks and warrants mud
S600.64e.30. "
la,-C rand . 3. a. majority ef the
enters ef la Hrande prefer to take s chance on
tiie rtts't dllspfctatrd water system holding out
liMtertniieiy, arrorning to tna Tote eaat at To ra
ta s eiertinst whea a bend iene ef 8204,447.90
Was eeteaUd by a Tota el 80 ta 44 8
The precincts la the main reaidential sections
ml tna rtty pialed s hear toU In fa. or of
the eoads. hut tha sullying districts etercame
tarn lead eltb their beaTy arfatW tote,
i a i
Xcw t tlUtlet Xaaagrr
Mnnteaano. Wash., Nor. 4. C. P. Kinkaid.
f "e several years manager nf the Uontesano and
Vlsaa pmnetties of the Northwest Klectne A
Water works, left today for Seattle to asaame his
dnaea aa general superintendent of the
. Weataae-tea Cnaat I'Ultlra. His auceessnr ia
Maateaaae aad Kims Is Hubert Msrlow, (or the
past firs years ia charts of: djotnbuttoa tnd op-eratiea.
Forelga Bond Market
(Famished by Orerbeck A Cooke Co.)
. . ' Bid. A.
oesgian rest. Bs -61
do prenv 6a S3
do 7 u 1943 101
do 8s, 1941 100
do 6s. 1923 94
Brasi 8s, new 98
British 5s. 1922 397
do 6a, 27 390
do 6s. 1929 389
294
275
86
89
93
. . . S3
...98
... 88
... 88
...101
7
do rky. 4s
dj ref. 4s
Bordeaux 6s, 1934
Canadian 6s. 1987
aA A. la-ia
do As. 1929
d- 5s. 1981 ..
d 5s, 1921
do 6s. 1927 . .
ChUoan 8s. 1941-0
t urrrncy
Denmark 8s. 1945 104
64
67
103
10
94
10S
407
409
399
30
283
87
8H0BT TEB3S SECTJEITrES
(Furnished by Clark, Kendall A Co., Inc.)
Prica land G
Am. Tel A TeV 6s. October, 1923. ... 99
Am. Tel A Tel. 6s, February, 1924... 98
Am. TeL it Tel. 6s, August, 1925 104
Armour Cone. 7s, July. 1930 10 k
Anaconda Cop. 6s. January, 1929 98
Anaconda Cop. 7s, January, 1929. ..... 94
Belgian Got. 6s, January, 1925 95
Beth. Steel 7s. July. 1922 100
Beth. Steel 7s. July, 1923 100
Canadian 6s, April, 1926 93
Canadisn 5s. October, 1981 93
Cop. Kxn Assoc. 8s. Fehrnsrr 1099 Ini u.
Cop. Kip Assoc. 8s, February. 1923.1 101
top. j.ip. . assoc. es, reDruacy, 1824.. 102
Cor. Exn. Amoc 8a. Pbrna.nr lOQA 1AS
Cadahy Packing 7s, July, 1923 99
Jap. 2d 4 a, July. 1925 85
aoutnwestern Ben TeL 7s, April, 1925. . 100
Standard Oil of N. V. 7s, January, 1925 97 H
Standard Oa of N. T. 7s, January, 1928 107
Standard Oil of N. T. 7a, January. 1931 106
Swift A Co. 7s, Octoberri925V.t... 101
U. 8. Rubber ft December, 1923 S9
v. o- nupoer mt August. 1SS0 102
Loffvlsff OperaHnaa Semnrnded
Menteaaaa, 'Wash.. Nor. ; 4. Logging npera
tkiee at the Schafer eampa m this county are at
s standstill following the trashing out of the
oespaay e railroad bndar ' icma the Sataop
i"". ine ocuaier muia ia uontesano hare
enough lees tar raa them 10 dart, and it 4s
theasgat the bridge aaa be replaced la that
time, teas aeoadlag a eeeeraa ahuulowa. Waarrs
In ail etna ma ta the coaatt an bow practically
am to men
T,Flaaarlert la Metlro
Mak-o city. Nor. 4. -il N. s.) Sereral
-lera. nensars nare. arriTed brre for
I'Manciaj raortrenres with; Secretary af the
inwH-T im u iwr ans ethers srr eoalng
fines Katlaad and Fraae. A rrpreaentatiTe ot
mwree A faa. haft foe New Tork today after
""'"i wiesvry enamus oa tna Mexlcaa rail.
Way debb'
Meaey and Etrhasge
Set Tert. .Nor. 4 ( L V ,n.i r.n
c the flena- nt the New Tor stork exchange
"w " . , jwr cm; sign, q per
- wr. . arooey was
nriamlaSU M at
The start el for prune mercantile paper was
l."".rmmrT V tcattr was S pee eret
rw.,w ... w-aa wiairr, with taui
I" bank bills at lllS feTdemaad.
Stocks), Boasjav . Cattiom, . Craisa, Eta.
. S1C-317 Boartj ol TratU Bwilttlaf
Oyerbeck&CookeCo.
b t " i
DIRECT PRIVATE WIRES
TO ALL EXCHANGES
"embers Chhrara Board of Trada
Correeposdeats al Lastraa a BXryaa
vwni . . aew lera .
Danuh muni. 6. 1945
kracb 4s 1917 ....
ao Ot, 1920 ....
do 8. 1931 ....
do 7e. 1941 ..
de 8s. 1943 ....
tiermea W. L, 5s . . .
Berlin 4t . .
Uambarg 4 s
do 4Hi ,
Leipzig 4s
uo as . .
Munich 4i
do 5s . .
Frankfort 4 s
Italian As. 191S
Jsp, 4s. 1931
do 1st 4s. 1923
do 2d 4 Ha 1923
Norwsy 8s. 1940 . . . .
Bussiaa 6s. 1921 .
da SHs. 1928 ..
do 6s. 191t
Swiss 3s, 1929
UO - Ss, 1B40
U. S '6s. 1921
do 5s. 9-21
do 3s. 1929
do s. 19S7
t ;
ew Tork-Bond market
rnihed by Orerbeck A Cooke compear
ooaru oi iTsae euuaing
Atrhisoa Genl. 4s
Baltimore Ohio Gold 4a
Beth. Steel Ref. 5a
Cent. I-acifie 1st 4s
St. Paul Genl 4 s .....
Chicago .N. W. Genl 4s...
U A N. Cnl 4s
New Tork By. 3s
Northern Pee. P. U 4s..
Reeding GeaL 4s . . ,
I'esoa Pac. 1st 4s
l B. Steel Sa . .
fnn lec. let Kef. as
Seethera Pac Cear. aa
do ea . . . .
Pwane, tsst. 4a ...
Prone. 1st 4 t . t . . .
' hen. A Ohio Cent. St
Ore. abort Lisa ta .
103
43
3
53
4
100
s.
4
4
3
4
6
4
7
. 6
30
69
85
85 .
104
13 k
8
18
93
108
. 99
4 99
94
92
8
90
94 .
93
93
90
90
101
106 4
104
46
n
3
10O
4
4
-
.5i
81
6
8o
86
lent
. 13t
4S
- 1
94
108.
10O
99
93
Bid. Asked.
8 80
71 ' 71
85 85
77 77
6S S2Jt
76 . 77!
84 '8H
22 2S
78 , 78
74 77i
82 81,
5
77 7t
2 at
S4 .S3
88 89 i'
i; sin
83 .- stS
S 83
I
Ferelrm Exeaasra Market
New Tork Nor. 4. (D. P.) The Germaa
awrk towebed a rseerd lew eg sail rnnnnrf
with Ita prsrioaa'arw recerd of .0047 established
iZrmTIi,x ourun. 1 franca, e87SI
aaaas, .wvyw .a"-
Msrke agar deeltaad ta the efternooa
-4 from the peeriee. came, bat
a shade Iron, the early bar. Ikmaad
rraJI-'.'.a'r"" are, ..stt7
Salem. Or., Nor. 4. The Bex Catering cotn-
rmny of Klamath Falls, capitalized at 333,000
filed articles of incorporation with the state
corporation department here Thursday. ,The
incorporators .are Boss Nickerson, J. Pospilsil
d (i. G. Stags.
Other corporations filing articles were:
La nr. Senders A Co.. Portland. $23,007)
Harry Lang, Arthur Senders and Otto Roths
child. ,
H. A M. company. Salem, 84O0O. H. I Mc
Cready, C. R. Hammond, and C. L. Starr.
Crystal Barber Shon. Inc., Portland, 35000
James F.. C. A. and Mary L. NiedermereT.
Olympia, Wash., Nor. 4. Articles of incorpo
ration were filed with the secretary of ?state on.
Thnruar by the foTlewing companies: A
W. W. Hodkinson corporation. New Tork
capital stock. 8800.000; to manufacture, pro
duce and acquire motion picture films, etc: in
corporators, Henry T. Mason, Kenneth S. DsJ-
tieioh and Sinclair C. Weekes.
Kirkiand Motor company, Kirklsnd; capital
stock. 810,000; incorporators, C. R. Douglas
ana cmory n. Mess.
National Trading A Lnmber company. Seattle
capital stock. 820,000; incorporators, H. A.
Hawthorne snd Of W. Stockdale.
H. D. Wyatt, Inc.. Seattle.: capital stock
820.000: to manufacture and deal is mechani
cal appliances: incorporators, H. D. Wyatt and
jrrea At. uumore.
$28,000
City of Vancouver, Vashington
, 7 STREET PAVING BONDS
LOCAL IMPROVEMENT DISTRICT NO. 176 i
Dated November 4, 1921. Due November 4, 1933
Ettinatea to Matare Ose-Teath AassaUr, 122 to 1131
Lrg-alJtj ApyrsTed by Messrs, Teal, Minor A Wlnfree, Attorney, Portland.
Oretfoa - -
PRICE: Pe4R, TO YIELD 7
ElEMPI l'rOM FEDERAL I3COME TAX
Western -Bond Mortgage Co.
8-F0ralTH 8TKEET, yOBTLAJTB, ORE.
Oroaad Floor Boarel et Trade Bldr Telephone Main 113
Gly of Enterprise, Or., 6' Serial to 1931, to net 6
City of Molalla, Or 6 Serial to 1937, to net 6
Pierce County, Wash., Sl2. due 1934, to net 5.85
City- of Tacoma, Washington, 1U L D.,
, 6, due 1924-1925, to net 7
Prov. oftBrit. CoL, 6, Jue 1925-1926, to net 7
Republic of Chile, 8, due 1926, to net 8.40
Republic of France 8, due 1945, at mkL, to net 8
Rep. of France, 7, due 1941, at nikt, to net 8
New England Oil Refining Company, 8,.
: S ' : due 1931, to net a5
PcM-tlsuncI
Seattle)
G. E. MILLER & COMPANY
- . - PORTLAND
2d Floor NorUtwAwaterm Bank BIdf r
TeL MaJn.4195
sia
New Issue
V
$10,500,000
Republic of Chile External Loan
25 Year 8 Sinldng Fund Gold Bonds
Dated November 1, 1921.
Due November 1, 1943.
Interest payable May 1 and November 1.
Principal; Premium and Interest Payable in United States Gold Coin of the Present Standard of Weight
and Fineness, in New York City, at the Office of Blair and Company, Fiscal Agents of
, the Loan. .
Exempt from all Chilean taxes, present and future. Redeemable as a whole on any interest date, at -110
and interest if called on or before Novembr 1, 1931, and at 105 and interest if called on any interest
date thereafter. Also callable for the sinking fund as noted below.
Coupon bonds in denomination of $1000, $500 and $100, with privilege of registration as to principal
with the Chase National Bank of New York, registrar.
DIRECT OBLIGATION: These bonds are ta be the direct external obligation of the Republic of Chile. The loan
contract will provide that if the Government shall create or issue any loan secured by a lien on any specific revenues
or assets these bonds shall be secured equally and -ratably with such' loan.
PURPOSE OF ISSUE: We are. advised that the present issue is for the purpose of making improvements of the
Chilean state railways including electrification work and the purchase of rolling stock.
SINKING FUND : The Government is to covenant to deposit funds with Blair and Company in quarterly install
ments commencing February 1, 1922, sufficient to retire anually 4 of-the total issue at 110 and interest up to and
including November 1, 1931, and the 105 and interest thereafter. Said funds are to be applied to the purchase of bonds
in the open market at not exceeding the then current redemption price. Moneys not so applied on November 15
of each year are to be used to redeem bonds by lot on the succeeding December 15 at the redemption price for the
year in which the sinking fund accrued. Bonds not previously retired, are to be paid at maturity at 105 and interest.
GENERAL DATA: Chile is engaged largely in mining, agriculture and stock raising. Mining products include
nitrate of soda, copper, iron ore, coal and other raw materials. In addition, it has extensive timber areas. The total
wealth has been estimated at over $3,200,000,000 or almost $800 per capita. The published statistics of foreign trade
for 1920 shows exports of approximately $284,300,000 and imports of about $166,100,000 a total of about $450,400,000.
The direct national debt reported as of December 31, 1920, together with subsequent external issues, including this
loan, totals about $205,300,000 or abput $50 per capita. This is exclusive of guaranteed obligations for railways, etc.,
aggregating approximately $38,000,000 on December 31, 1920. The Government owned railways and other National
properties were valued on December 31, 1919, at about $256,700,000 a sum exceeding the above total interest bear
ing debt. Chilean credit has ranked high, the first external loan having been placed in London nearly 100 years
ago, and we are advised that from the first days of the Republic, interest and sinking on the external loans have
been met promptly.
We are offering the above bonds "when, as and if issued and received by us" and subject to approval of counsel, at
...
. a '
99Vfe and accrued interest, yielding approximately 8.11
if held until maturity; .
. .. .
Delivery may bjz made either in the form of temporary bonds or interim receipts.
. r
- Blair & Company, Inc..
White, Weld & Company v Halsey, Stuart & Company
Illinois Trust Savirig5 Bank, Chicago
First Trust & Savings Bank, Chicago
x ' bond, Goodwin & Tucker, Inc. Blyth, Witter & Co.
Lumbermens Trust Co. Freeman, Smith & Camp Co.
;i-;. :v--:- ' r'; : ; Ladd & Til
The aUternenta Trted ,T bed on tnrorrnatloii obtained partly hy cabi from fTlclata and other aonrcea, Whlla not nknntfA.
e believe them t be reliable. All statistics relaOnr to money 'are expressed in United States Dollars at par sl exchange tor Uotd Pesos
ents) and 25 cepts per paper Peso, approximately the average tor the period lSUt-1920. inclusive. ' - , -
THE EXT1BE ABOTE ISSCE HAT1IO BEE3 XTTL1ED lOK, THIS AOTEBT18EMEXT AJTrEAHS AS A MATTE OT XECOKD 05LT
" , " t , , ' t " " --'V - , '-;' - .
. ' - " - ". V . - - , " '" v .''''-' ..--VV-"' '-y'-T, t
f X
A