TUESDAY. JANUARY: 17.
fHE OREGON DAILY JOURNAL, PORTLAND. OREGON.
IS
STUDEBAKER POOLS FORCE FURTHER HIGH MARK FOR SHARES
TALK OF
ELEVATES STOCKS
WALL STREET QUOTATIONS
mrnUbed by Overbeds Cook Co, Board of Trad Banding
Balee. f
Bale. I STOCKS-- j HUV I Vtrm.
luiiw.
(Wn m( JmimI rkueritl aWvtew)
imt. Ju. it. (u. r.) Th Mittt
iw tk rtki Itattf, wkiea M
t Ok khrkef l
y. Tee la.iT.iy earn! Mi fc kU4 W
W wee 4 per teat, M esexpertd with
tnOM H teat weak e 8 per nl
tne iiaeaeml lateeeata til'it tkat ta eKback
he market waltamd atnrrna
'Mi k keea awfthotaat irf tin fctcliaed
ey tuvaa, i-
lWkir wee tk mI Wte today.
.M advaae W ever .4 pointa. e4 thm earrted
tM Mmk t with ftmr. aetata at ke kick mad
' mtmt 1.0. ,
A koeal trfclr fcae to etroef for Ml
wvat. mmI aii (M t t
Tke Mihl tkiaaa) krrtcwla.
IMi 4 pad.
1300 Ajaa kobeer....
. ....lAatak le44 ...
VVAJUa I.H1 . .
4k0AliiCfcaiBaua ..
iw -a pi
IWiAm. Heat tacw.
KiHlLia. Jtoeak ....
61Aa, Ou O.
f . wr thati uwr. ptal
AWU4W keatafl vAm. (ii 4 far...
i mm aV. g- I ..... I Pt. . .
66
1
66
43
1
4
8
U47
IkOOLAm. Co.
bet teal 9
cUaad to I 340v,Am.
IW.n Stmt ImimI rtautrWl Bevtew)
ew 7erk. J .a, IT. 0. P. Opealat
avtrea mm Ute N.) Terk alnrk airhaar. today
a. Hml Ibtoa aHeblry kelew ktoader a
etaae. Hi) atlilae W Orartb eoerltMaeO and
Lk eteek merle an early few at (H. off X.
Meek at tke Tefcero Motto. Aaaeriraa Ttle-
knaw aad teaee mi tho raita. wUk KorUvtra pa-
auto to a 77. was Iina. Mean i
inmal llojdu'l rli '
, KtedakaW kad Utfoatrial Aleobbl wer tk
feetaree. atadeketar BMdo a saw Uh as tin
i ii . aa av. ThM ank wm old aa Ok aacls
ba fall aad Ikoi kfaaa aotH Il aolnla. It
. aa. mmm ii.nmt awat of thla feat. Tkara k
a touiaatlad atory olia mfmrnA that twa atranc
I m mm m MM nimaM hi t
aa atad. of atd paat naathar. tiiat ark!
tba atork . dartac tna war patted, aad tha
nfwt in lillna; at lnwwi who kaw konckt
lata Stadakw kaarlly dvrtn tho laat yrar
aad a half. Tkaaa pan) hat ranaatly fonnd
iKar w.ia aaftlitf In aak othora way and thr
IumI anaMp la It haa koaa practleaUy daddad
to imiiiuu aiMi raa aa ana wool
t ail to ay waa fanawad today at 4
I mn mm n mm I mm with mll af tmr rmmt
UaJt wtaaat Maal tatataaai atada a aow.kk
to Uo aro4 knasr ahavo . Kqatomanu War
ratkor vatot, aJUmik boldiai atoat el tbatr ra-
aey af tno .r.naa. da.
Tao Btarkat atawad dowa onnakdaraiitr. al
tkenii fwaaatan flnav WHk tba aapka of
, Wmll Slatai ataat. tko Maal kwaaa did Httla.
1 AHkwaah atoal mum. kad wnastad ltonoaibar ilaok-
i aaat to trad to imiitotn natU lata Uarck. mm
aw aarmat ttaa koto arpaa raa. Raparta Ii
t ptaatlraily all aanim taQ af aaadnally toati
';' ir oparatteal. wltk a kaUat tona of saw ardan.
Tht .rtrat aoow ajora wilairi U pttatara thaa
Uwr ha, la toaay tooatka, Tka aiperl aitaa-
- tao mn uapraao ataak
Ott ....I S3 mS
Old.
.LAav Urum 8 J ad. . u . . . .
UwtAto. Uida 1
ao pt. i
StwwtAav isa U
laOwiAat. lot. Corp.... I
pvw.Aav l in iia I z
kww da ptd. 1 .
SvOvtAav Loco. ......ilwlia
vw w pi. ....... Ill
XuuiAaa. aL I A U
4woUm bataltor I 11
200 dp ptd. 1 1
MPVLaa. baaal rti....I
itOViAm. Bam 1 M
7001 da pid. I 1
wAa. auiDatra I
awiAat. XaL at Tat..
xwwAtB. Tooaeoa. . . .
...I da "B"
Stwato. Wool
avu
1471k
a
21 Pi
3 4
l!0
At
a
'l .PTOCKg 1 High- 1 Low. ! 7M.
Ilia w,
old
SvvLAm. W. F. vM...
. . ..Um. lino
T00UmaooatU
S0VAaML OU
aVUAteoiaim
vvi w IIHli o o a a a a
TVUlAa Calf A W. L
eVWWiiialdwlB Lop. ..
1 do pfd
OUiBaJlo A Ohio.,
do pfd
livuiBatfe. HUal "
2UUltooia flak....
IWjtt. K. T.
SUUuUa C. aV Z.
kUUibutta hua..
llOUiBuraa Bro.....
4UVCadda OU.....
lOOOjUaiit PackiJU..
wiuaui. rav
100 1 do pid
2000OaaaUa Pae. .
Z100Uan.
PVWl
1V
14H
a ,
82
lv4
2S
4tt
1411a
t5
81
iik'
i4iii
lio
88
8
84
18
.
67
41
1
84
88
84 )a
1147
III
48
4
18
.
88
o la
82)4
17
11
4
4.4
81
4
88
118
....I
. . .
17ftOiLaoa
S4O0U .
, . . . .IMazUad UU ....'
1809 May PopC Staraa..
0400 Max. rt
400)
1COOO
8404
800
800!
800
800
1U11
Middlo Btatat OU.
Jatidtato Biaal.....
kt K. aV T. "Wl",
da pta. -Wl . .
Cootv, PoWoP
Mont.-Wai .....
1200iio. Pae.
1000
lOOlH. S. V. at 8. 8. M-j
2800i
1100
do pfd.
Nor.
an.
Amu:
Bucuit
4400iNat. Eoamal
B00O
400
81H
1V4
3S
48
1101
9
1
801.
6
85
83kl 88K
88 k 87 3k
7tk 7
7 7
8 a
23 3k S3
Ilk 1118
10700
Carta da ltaoa. . .
Motor
Uhda. ak N. W..
lUU. Ok W
da pfd. ...
iUBIU
12
11
bi-m
124
1H
84
a
SOOtUbina
8404
8100
rOar.lGX COTll!niF,5T BOTDBI
runUka4 kr farpMk Coot. Ocx)
ntatb M
4 do 8. 1
is a
irdoaaa
Baltia Mat. 6a
do praaa. 8a ........
da la 1446
da 8a 1641
do 4 16J6
nnutl 8a Ian
kntlah 6t 161
a 16S7
4t ,
4a
4 1684
la 1671
a mm iij . .
do IHi 1128
d 6 1881 .
a - ....
a ttl jfii ....
Oiilaaa 6a 1841C
Camaif
TiatHaarw 8a 1646
Iwa. Maal 6 1646
IWrk 4t 16IT
do 6 1681
da 6a 1846
fSaroaa W. U 8a
Maaaaaro 4a
do Ui .
Laralc-4tft
aa I
aa ....... ..........
rwaklo-t 4
ttaJtaa 6 1616
Jaoaaoaa 4a 1681
do lot 4t 1616
do td 4 wa I6J6
at , ...a
fww mm
aiaa 6t Mil
aIHl 1614
A. .4 U . 14 14
'1 aS'.V.V.,T.
bp waw w nja V a a a a
4 a 1640
V. K. 6 14 a 116 .
4o 4Ht 1618 ,
4a 188T
Bid
7
74
104
104
64
104
87
68
88
66
64
66H
a
1.1
108
144H
40
6
100 H
8
4
6
6
4a
4
88
74
8T4.
84.
109H
'!
16
87
116
100
100
I
861
BkL
70
78
106
104
66
104
88
IT
66
84
66
87
68
88
86
108
IS
108
107
.ft
100
1
6
6
t
14
74
64
67
110
18
6
20
67
114
108
108
6
4.00
8800
1000
100
c. m. sk r
V vfa.
Cooo Cola
T00U y
700Uota. F. 1
400Uota. ftoutkam ..
TOOOIOoL Gu Bias.
Oohimbta Graph .
uoa uai
Cona Clean
pfd.
CeatL Can.
iCtttoa Bye. Baakm
Cora Prod. '
da pfd.
Coadan 01
0. B. L P
do A pfd. ....
do B sld. . . . .
OroaJklo
da pfd.
Cuba Can
do pfd.
17
28
18
82
44
67
29
40
8
1
62
28
11
TOfe
47
66
28
81
84
66
a
81
1108
i
11
48
ueo
88
80
86
.1106
S3
68
68
7
7
22 i
HIT
Nak
ttierada
1000 Norf oik W....
2800Nor. Pae
LOOiNora Scotia Stad.
....IN. I. Air Braka..
1100.N. X. Caaual.
1000
OU. Prod. rat..
eOOtOntario SUrer.
1800
700!
200
200
1600
2900
Ontario At w
Otit Bteei. ......
PadQc Dev.
Pae. Gat Elec
Ponta AUacre....
Pacific (Ai
I
17
28
17
SI
44
7
24
86
67
1
62
28
12 la
71
86
1128
mXJm
84 4
0
t
6
16
17
28
18
82
44
67
23
1 80
4800
8600
8400
200
800
13000
2001
1 Hon
800
l.OOfCebea Am. Bucar.
tou 1X4. Hadaoa ...
16O0IUOBM Afloat
200 DaL Laak. ....
l400lDkTiaoB Cban. ...
SOOiKndieott Johnaoa .
700 Krie
200 do Irt pfd. . . . .
... do 2d afiL
14500 Pantooa Playan....
. . . Ved. Mln. aV U at.lt.
200 da efd.
1600,rUk tiro ...4..
..Gop Waav ....
600IG.B Claaia
SlOOjOaa. Elae.
600Gan, Atoto
Ulaa Aidaa
SSOOfiaa. Aapkalt
1100
200
800
1000
12600
8100
lrtoalM4
BmL
Atakatnd OaaL 4
Mai a Ohio Gold 4 16
tMk Moal (, 6 61
. . ...
TOBK B05D XAEKET
6y Overheat 4) Oonko eeaipany:
Atk.
60 H
16
81
87
61
84
61
36
67
61
161
84
86
66
88
84 tt
60 tt
64
64
64
101
302
104
103
101 H
66
88
101
162
66
167 H
107
104
(oak Paetfla lei 4.
k Paat Gael 414a,
kk K. W. GaaL. 4a.
If. Vmi. t
Maw Teak) Ry. 8.
Maatharai Pea. P. U 4. ,
l atna Pea, let 4a
V. 8V Blaal 4.
I'aioa Pae. let Kef. 6a. .
flNtkara Pae. flua. 6.
ttoataera Paa. Caav, 4a. ,
Peaaa. Oaaei 44
reaa. la 4 14k
CWe. 4) Ohio tea, ta.
.tf-K bkaa Lata 4a ,
Allied Pace 6e ,
A at. Can. 7
Aaa. rUaa Oil 4t. 1614
A at. Tiabae 7a. 1612..
AaaMetda Ta.' 1636 162
Aeale-Aav Ou 1k. 1836 10S
Ana. la, 1619 103
OudaJtr , Ta. 1838 100
Oat. Klae. OaK 6a, 1653 86
(taodrtoh T. !. 64
102
100
ftaara aakaek Ta, 1637 66
(HI OaA Ta, 1181 104
WaMtoaoaaa It, 1481 107
Weykltiea, Ta, 1626 104
64
41
66
.
66
67
61
100
64
. 67 B
6
66
68
84
60
67
60
64
101
Keaaawott Ono. 7k, 180 ".
Paa. Ota ilea. Ta, 1611.
STAirDAKD OIL STOCKS
(Farakkid ky Ovwrbeek Ceek. Coatpasy)
A arte, K. tHf,
Chaatabrouck
Caaatebroufk, pfd.
Tearaka
Oaioae 1......
tiahaa OkJ pfd.
flana ew aid.
Illiaok) Pipe
ladieae Pipe ,
Natkhara Ptok
Ohto Oil
Pea. Mas.
SaeAaara Pipe
ftaatk nn Oil
AV, ( (aitfornia
'Ho. Keaaaa
4 H. ILMtwcky 440
X Hew lark
6V O. Ohia ....
. Q, fthla pfd.
B. r mmrmif ......
8. Jfv MabraaAa
Bid.
11
1T8
104
60
40
14
100
170
SI
270
w
380
67
640
Akad.
.11
110
110
88
43
10T
108
1T8
0
86
3 HO
18
61
164
84
S3
86
73
88
81
8
17
10
110
23
114
63
16
IS
83
87
13
73
144
a
68
87
OOOIIaterbara
700 da pfd. ...... .
500 TatertUta CaUAkaa.
400 Ink Uarr.
600 lot. Mr AUriae. .
noo do pfdL
8300'Iak Ntokal
kOOOlak Paper
do pfd.
BTteclWa OH ....
OU
26
82
78
1 4
60
88
75
14
103
40
Good rick
Kioodyekr
Great) 7 ......
Groat Nor. Ore.
Gnat Nor. pfd.
hUreeae Caaaaaa
Gelt S. Steal..
Hart Barkn ..
800Houaioa OU . . .
7600 Hmip Motor
400liUnoie Geatral
700JIatplraUoo .
.... link Aar. Can.
800 do pfd. S5
1
8
14
64
11
48
'is
1
is
38
88
27
18
44
26
0
160
88
64
82
86
78
57
80
8
17
15
109
21 K
11S
51
76
8
18
82
e a a
87
12
72
140
8
57
88
28
1 Tk
78
7700
2400
6600
800
2000!
llSOOi
0O
400
S00
BOO
100
Jewal Tea
iK. G. koutkera. .
da pfd. .....
KaUyPCTU.
Karataaa Tlr,.
Uak. Steal ...
Lee Tire
Lehlih Tkflar..
LorUUrd
6
81
74
13
102
89
85
' 4.-
c
83
lk
44
18
44
'ii
2
11
28
37
24
17
44
38
68
1DV
0
1
92
25
2
48
18
8
114
34
42
85
78
59
80
8
17
16
109
21
US
61
79
8
IS
8
82
9
87
12
72
143
8
48
8
86
I1
T3H
44001Paa. An. Pek...
1500 do 'B"
8800 Penaa.
2400 Peo. Gai.
800 Pare AUrqa-tte. ,
1300 Pore OU ,
600 Phillip Pet....
8600 Pierce Arrow. ...
400 Pierce Oil
500 Pitta. Coal
S00 Pitta. At Week Ta.
100 do rjfd.
400 Praeted Steal Oar.
7300iPoJlmaa .
600 Bay Cob.
4800 Readme
Renunetoa
400 Replokie Steel
700 Repttbbe L 8. . .
200 do pfd.
100 Rep. Motors
900 Royal Outcb Oil. . .
SOOKy. Steel Rpc....
SOOuad. OU N. J
1100 Bear. Reebnck....
200 Shaoock. Aria. . . .
200 Shell T. ft T....
4100 Sinclair
Istand. OU lad.. . .
470081oaa Skat
10000 Soa. Pacifie
1100 Sou. By
800 SUM. Oil Cel.
200 Bk U ft S. ....
1 TOO Stnmbarc Cark. .
SSSOMStodebaker
Swift ft Co
200 Tens. Cop. ft Oub.
4400Texu Oil.
2400iTezai Pae.
400 Tex. Pae, O. ft O.
2500 Too. FroffDeta. . . .
800 Tran. Cona Oil. .
8400 Union Oil Del. . .
1400 Union Pae
200 United Alloy.
2400 United trruc
ISOOIUnited Food Prod.
100 United Fruit
200 United Rds. of N.J
Union B. ft P.
12900U. BeUU Storea. .
108
115
27
12
80
8
25
7
IS
17
46
4
60
164
88
94
IS
100
78
28
75
2
J6
21
10
7
40
83
46
83
48
84
44
20
84
81
16
10
41
24
7
: 64
118
1 15
14
27
68
83
8
53
97
181
03
9
87
20
107
112
27
13
SO
7
25
7
IS
11-
44
4
48
129
1
88
18
28
74
2
B
21
10
7
5
82
44
62
47
S3
64
20
84
SI
14
10
61
24
76
4
108
15
73
27
52
85
8
52
07
181
3
8
87
20
17000IU. 3. Ird. Alcohol
8400 U. B, Bub
100 do let pfd..,
200)U. 8. Smelting.
8800 U. 8. Steel
400 do pfd. ....
1400 Utah Copper . .
500 A Cheat. . . .
100 Vanadium Steel
100 ViTandon ... .
41
82
19
83
22
41
89
100
10
45
26
26
44
10
20
130
28
72
8
125
a
54
43
55
100
86
84
117
64
28
82
0
38
81
IS
8
21
40
85
100
10
45
26
23
3
10
19
129
27
69
8
125
8
53
41
64
100
30
88
116
03
28
SI
6
114
24
LOS
114
27
12,
80
8
26
7
IS
17
44
4
60
183
81
2
15
100
77
28
68
74
2
6
21
10
7
3
SS
46
62
47
84
8
20
86
SO
15
10
1
24
76
4
112
15
74
26
27
52
84
. 8
52
96
181
3
8
87
30
87 ,
89
82
18
21
40
88
100
10
45
26
25
STocrs
TrEtM Tw.T Bid-
100IYY
00 Wabkkh pfd.
50,Wabaek B pfd .
1400
290
00
2600
Welt fim
Weaker, Padfte ..
Waater Cnioa . .
Weafiaxbaa & ft k
40OiWrat Md. . .
600 White Motor
tOO WfilyOyerland
zoei wuaoa racks; ...
....tWhcoatia Central .
. . . -1 Wool worth .....
TOOIWortbiBcMk Fobs
600 W. L ft E.
xuoi wuta uu
Total
Total
742.000.
bandk. 14.083.000.
20 SO 20
IS IS IS
82 78 82
15 15 16
2 92 02
61 66 SI
8 8 8
88 S9
6 8 S
27
822 S2 81
".. -25
..138
44 45 45
a 8
4 4 4
SOI FALLING OFF
SHORT TESX SECURITIES
(raniihed by Claxk. Keadall ft Co.
Abv TeL ft Tat. 4a. October. 1922 100
AJa. Tel. ok Tel. at, reeraaiT. lZ... xoik
Am. TeL ft TeL , Aarotk 1926 Ill
Anacoada Cop. fit. Jaasary. 1929.... 102
Anacoada Cop. 7a. Jasnary. 1928.... 98
inuat Pai Tm. Jwlv. 1030 102
Beajiaa uoy. km. Jaaaary. iz...... aeia
Beth. Steel 7. July, 1922 101
lUth. Htasl 7. Jul. 1B2S ..... 101
Canadian 6s, April. 120 97
Canadian 8. October. 1931 97
I'xin Kxn. Aaaae. Ha. mabraarr. 1PZZ.. 101
Co, kin la I. Fahraan. 123.. 101
Cop. Exp. Aaaoc 8a. Pekraaxy. 1924.. 103
cop. Exp. Aaaoc aa. Feoraary. iwza . i ?
S4.h. P-kin. 7a Jala. 1921 100
J a. let xk 4. February. 1925.... 87
Jap. let Bxk 41. February. 1925... 87
HontbtMatara IMI TeL la. Anm. IV. a . . ia
Standard OU . I, It, January, ii.. xfTt
Bwift ft Co. 7a, Oetebar. 1925 101
0. 8. Robber 7a. Deeeatker. 1928.... 100
U. fl. Kuhoer 1a. ftasaak I860.... 10
BOSTON COPPER SHARES
(Fnraiabsd by Orarbeck ft Cooke On.)
kfamnTaL
Bid.
Aria. Com. 8
AdTenrar 50
Ahmeek.. 02
Alsemak. 20
Arcadian. 2
Bint.Mns. IS
CalftAria. 57
CaLftUee.277
New Cora 18
Centennial 9
Cap. Bee. 48
DarMLieir
Daly Weak 2 .
ELBatte. illm
Hancock. '2
Helvetia. 1
40
UL Creek. 86 .
1
KerrLak. S
Lexe Cop. 2
Mlr.hiran. 3
kfaakCoa. 2
ktohawk.. 66
kf. O. Cot 3
10
20
129
28
71
8
124
8
9
63
48
65
89
80
84
116
63
28
82
6
IN RETAIL TRADE
By Lye a
Sped! Ciwiukuahkiii af Tk JaajraaL
Baa rraneiaeo. Jaa. 17. Witk tha paaatoc at
the holiday nak and tha termination .of tka white
auee tnere aaa come a toil in mail trad ta
tna aaetto. ; Thia. however, wea fii n 4
diaooonted. eccordinc to tba eradit aa.ii.
ova of one af Ban rranciaca't larreat kaaka to
day. "We doa'k look for anything raaawklin
a boom for tome time, ha laid, "bat a the
wBote nrewiiiona are atnaftntory."
tuaity aaiaa for the year hist riiati
aew reeord for Baa Ftaaeiaea. I'urlaaaa property
waa particularly active to tha eloetnc aaontha of
year ana pneae nave ahown ttaady adTano.
Toe crop oatlook ta Calif oraia t - nT- ai
tavusa not a .k aoanewnat reduced
turner cuHttauow.
Buildina eDerationa have ban J,..l
by eotttinned laiaa. but the outlook for asrin
BULwuiaanaav xnera m aoata ana
Bent, bat Dot mere thaa la nsnal aa Hum.
wi uia year, tteavy anow in ta i"'-iri. fol
lowed by eoM weather haa aaauiud aaapW water
uvw ior imaaaoa ana poatl aurin tna
ua wnm aaa
FOREIOX XCHAKGE KATES
corrected dally by tka fanaen Am.
panment ex ue uanaa BLatea rlaaoaal bank.
Quota tiont below (except the pound aterHat)
u quoted on tb baau of 100 maita foreixn
Openmc nominal rata aa bank trasaactieae:
Bid.
. 1 1
60 N. Butte.. 13 13
42 INipiasinc. . 6
40 IN. Lake.. 20 24
8 lO. D. Cop. 2S 2S
13TOeeolaMnc. 82 34
58 KJuikhlng. ' 44 46
"SO .Pond Creek 14 16
18 haL Royal. 24 24
10 jB-Lke. .. 45 45
44 pupp. Bo. 1 1
1 fc. 8.1lch. 87 87
S I do pfd. 25 26
210. Utah. . 2 5
2)Bwp.Oop.. 2 S
2 Ebattnek.. 8 0
46 frrin.Oop. 2 2
84rTonamB 76 80
1 fe. Mettla. 11-18 1
8b. S.MH. S6 87
8 Pdopfd. 43 44
2 Winona. . 85 40
3 (Wolverine 10 11
67 (Wyandot. 85 40
4
Draft
nmm
Lba. eterttnf.3 4.22
8.20
.53
4.S7
Pari F
Berlin Marks.
Genoa Liire.. .
Athene 1
Drachma . ,
Copenhagen
Kroner . . .
CLristiana
Kroner . . ,
Stockholm
Kroner
Hontkone
Currency
Japan Te .
Sbanchai
Taett
none coast bahk statement
PORTLARD BANKS
1922. 1921.
Clearings Monday.. 8 5.708,478 8 6.026,150
BalanseV Monday... 1.401.711 1.622.795
ZrLX TnaarieV. 4.849.886 6.504.953
Balance Tnaaday. . 1.288,018 1,171.341
4.S8
19.93
15.55
24.83
55.25
47.55
75.00
Cable
Trans? an.
8 4.22
8.21
.53
4U8
4.40
20.00
i-5.57
24.80
85.50
47.70
Par
Talae.
8 4.866
19.80
28.81
19.80
19.80
26.70
28.70
20.70
STO2E
Topics
MMKBT
T. .
diiacri
Ohwa, Caarlaa ITktta. TjarOa
a. u.
Xew
aa tka flaar
'. Xaar ul Exckaaf
Tork. Jaa. 17. (7. 9. .) Ckfl
at tka Kaw Tark Stock
tadey raled at 4 per ant; khjh, 4 Par ate:
few. 4 per aaat. ; Time tartar waa uh4.
Katee ware 4 4)4 par eaark The market taj
pre, manaiinl. paper wee emtak. Call tana ay
to liaiaa today wee 3 per eeak. Btarttac
enenra we att wilk I111HU to Want bUtk
at 84.22 lor
Canada deelare kf keJtar to ha m t
OaVOataV CV1 SjaanAttCS
to abww 44 tb
TJHaaat Central 1921 report wSB
kbU about 88 ft ar lo
Gowramaat to withdraw S18.0. af da-
today. . .
Wm Offer Our Participation hi th i "?V
livestiiient Bankers
To Meet in Seattle
Memben at tha Paetflo itoiOiweat
tka Inveataaant Bankers' lurlttlnft of
wm aaect at tb Balator ekkb ta
arday. Jaaaaxy 2L. te their
8To at
Ajaark
B tattle. Bat-
Lane County Oregon
5 Road Bonds
BeaVU the eaaetfea af afftear far the aa
FbUowinc tha Btornsa ptuxaaat tnaam.k tne
Hktnlntiea aaa arrancea tar a sou
mt m ihm. Coif cmk Ink. A I
laniiitf wffl ha aitaa tha viattiac miwhirt to
the eveainc A tkranc defecaoea af tka fecal I
toveataaeat bankers crown will atu
Btoee ut aninmnoa in mm aai I
considerable watuacava worx ta ,ptw-
mirntaltan a BK at.antra an
ethic ta tha tomtmiak kankua ttom.
Tha foUowiaf feeal tavtaatent hiatal are
Bkkkben of tha troop' xWjrth. Witter aompaay;
Bond. Gaodwta ft Tackar. imartnaa kpeaaa
eempaay. Ctork, Keadall una. peer. K. t. Dsw
ereux ft Co.. Freeman. Brnah ft Oamp aeas
pany. Ladd ft TUtoa. Lojakeiaata Treat eoav
paay. cTb. stXQar aempaay. Nattoaal Crry eeat
Ti' VmiZmn. . A. Kama. R. H. Balaa ft
ffeae! Bali Bchnaeloch eseapany. ftooarity Bav
in ft Trapt ewmpany and Tk We
ft Mortsase oompany.
Oanadiaa dollar, discount
T5.S0
7 per
the
FARM- LOAX ASSOCIATIOIT
A PPL. ITS FOR HALF IXI.IOJf
rn'r Wuk Jaa. IT. Farm aaaae ac-1
miiiif 1662.410 were applied far from the I
Pomeroy Farm Laaa aajoauWa tTurinc
year endinc December 81. The aaaeaal raa
IpU Ttnat dak wm IHUlltl.
ariM fniiMviee aficara waa. aatotoa ka kk
nal maetinc held that week: C M. Bktwia.
miadihint- Jama SSawkty. vie preaadeati T.
niaiB. Chariaa White aad lacut tx.
VI. at. tkaazwu, ommmm
Saatll aUirk
Clearlnxs Tuesday
Rtlanrr Tuesday
Tatoma Rank
Tnntartinnt Tnesday
an Franciso Banks
Ciekrinta Tuesday
Oakland Bank
ClearbieB Tnaaday
Lot Anoelet Bankt
Clearinas Tueaday
.34.937.096
949,508
. 33.827.975
.826.800.000
..$2,818,900
.817,748,481
16
68
88
101
40
8
8?
1
4
6
88
14
64
12
47
85
15
2
18
23
63
88
sr
18
46
28
60
L60
We offer our participation in, new syndicate offering of
$30,000,000
6V2 Bonds
Southern Railway Company
Due April 1, 1956
Not Subject to Prior Redemption
Since these Development and General Mortgage Bonds
were issued in 1906, over $135,000,000 of capital expendi
tures have been added, of which $40000,000 was derived
from earnings.
Listed on New York Stock Exchange
Price 944, To Net 6.90
207-0 MOITITiWESTERN'IJA DIDO. MARSKAtuScn
I Rob
1
r
You work for your money.
WHY didn't you
start last year?
HAVE YOU SAVED ANY
MONEY IN THE LAST
TWELVE MONTHS?
HOW will you answer these
questions a year from now?
Money is the greatest servant in the world if you
make it work for you. Making money work for you
means saving it and investing it carefully. That is
THRIFT. Speculative investment is EXTRAVA
GANCE. Start a savings account with this Pioneer Bank, or
buy a well secured Bond from our list. You can buy
a bond from us on the Partial Payment Plan if you
wish.
Our business is to help you in your SAVING and
THRIFT plans. We have been doing it for over
sixty-two years.
Give us an opportunity to help you start, and a year
from now you will be pleased with the result
bond DiyAjriTrrarr OPEN t:30 TO SrOO
Saturdays 8:30 ta 2x00
Dated May 1, 1921 ; Due Serially 1931-44
Denominations $100, $500. $1000
j v
Financial Statement
Assessed valuation, 1920 $3173,5727,
Bonded debt, including this issue 550.000.00
Populatiori, 1920 census 36416
Price to Yield 4.875 to 5
$100,000
Sherman County Oregon
5 Road Bonds
Dated July 1, 1919 Due July 1, 1939
Denomination $T000
a
Financial Statement
Assessed valuation, 1921 . ... -$17,181 2.3
Actual value, approximately M..MMa.. 35,000,000.00
Total bonded debt, this issue only . . . 300,000.00
Ratio of debt to assessed valuation less than
Population, 1920 census 3326
Price Upon Application
The above issues are direct general obligations and will
be paid by ad valorem taxes levied against all the taxable
property therein.
Exempt From Federal Income Tax
Vestern Bond & Mortgage Co.
80 Fourth St Portland. Ore.
Telephone Broadway 6464
Telephone or Telegraph Orders at Our Expense
o
SOUND 11 BONDS I
lunmd Under turn Heal of Oregon
THESE ARE THE BONDS, approved by the
State of Oregon and Certified by the Secre-;
tary of State, under the State Seal, as
Lotwl laTOkbBwats for Sawing- Bank.
Insuranc. Cotnpani axtd Trust Fanada.
SILYER LAKE Irrigation District 6s
6
To Yield
Any Maturity
Tbeta are ren-
r.l nhlte-arlrm Mnntrlnal Bond. Tba a lata haft OonirtuMeo to.
The district Is located In Uke County, Ore.
Make your money work for you
rUht from the dy you tret It. Whether you work, play or sleep, your, money draws interest
every hour, f to $ an Initial payment will buy a 100 bond yielding from 5 54 to 8. The
balance may be paid in small or large amounts. The bond is yours and we bold it safely for
you until final payment has been made. Your account is credited with ail interval cocrpoa a
tkoy Woo dw. Interest on unpaid balance is charged to your account
This table shows at yearly periods amounts accumulated while earn
ing 6 interest, compounded semi-annually, monthly payments, viz.:
...
68
86
114
181
160
60
4ftO
36T
889
116
179
LITtiaTT BOSD &A.LXS
Btatrtek 9, OvrWk Cenke C
a. l-ear.
14 944
Open.
tTJkev 84 ... 9440
liberty let 4
Liberty 2d 4a... 97(0
laaaru let 4k. TT3
Liberty 24 4 Ha.. T44
iJwvr. 64 4 a. T4
liberty 4lk 4
6TT6
H
71
Hi
604
TT4
4T60
9T8
764
T48
T4
TT4
flnaa.
9T00
9T84
9T60
9T64
9T6
T1
9T66
Vbwar 4A....141 16014 1619 16411
Viator 8k ....16014 1001 10013 10010
Verelr Kxekar Nark at
av Terk. Jam. IT. (U. P.) fttra waa
64 83 a tka ewla! fraaaa. ,0410 j lire.
.04161 mars. . troae, .sog.
T Iat4 elte.8 eueay. Pimia4 rttrHa
84.1 4) I rraara, .filial are. .vk
.tvaii aiuaia, .tvaa.
1 ANNOUNCEMENT
JAKES Lid. WOOD & CO.
ka Tiaeaaalmk k tutsraft waaaf tb
1 1 m i ! wktft afflict i a k tk peek tkirty
ftoftlm, 84U. Cwitwat, Crain. EU.
JIWIT Bxl wl Tr-Ao tWeQ
0 verb eck&Cobke Co.
DIRECT PRIVATE WIRES
mr mm a rVM k .tT"r
yoor
payments
earn
interest
immediately
Yoriy
Poriod
l
2
3
4
S
6
7
8
9
10
11
12
13
14
IS
$5
Monthly
61.97
127.71
197.45
271.44
349.94
433.21
521.86
615.29
714.73
820.22
932.14
1,050.87
1,176.83
1,310.47
1,4524
$10
MMttkry
123.93
255.41
394.90
542.88
699.87
866.42
1,043.12
130.53
1,429.45
1,640.44
1,864.27
2,101.74
2,353.66
2,620.93
2.90448
$2$
Monthly
309.83
638.53
987.24
1357.19
1,749.68
2,166.06
2,607.80
3,076.45
3,573.63
4,101.09
4,660.68
5,25434
5,884.16
6,552.33
72610
$50
Monthly
619.66
174.48
2,714.39
3,499.35
4332.12
5,215.60
6,152.89
7,1476
8,202.18
9,321.35
10,508.68
11,76832
13,104.67
1422.40
"T
Ptry
as much
and
as often
as you can
No mttter where you Eve, you can buy bonds from as under our partial payment plan. If yon
cannot make payment in person, simply send us your personal check, money order, or bank draft,
with your account card. Upon receipt by aa we will credit payment on your card and return it
to yon. When payments have been completed we wQI deliver your bonds to you by registered
mail. Insured, all at our expense.
Circular fully 4urjilaUaung ettr Farti&I Pay
nktat PUn will ha) 4tkt yon apea rt. .
Freeman, Smith & Camp Co,
Lambermens Bldg., Portland.
Gntlernen : ! Xleasa x9ijn bow X may got to S? on toy aftTtnra,
von tbouch I btin with a btoaU a Amount m 118. 1 ftsaumo no blk
BTktion In making Lhi Inquiry.
Namo
BANK
Otdssf in the iSorthwsl
eJZ&Y WASHIreGTON "5
tdranca Interest chirtva for 1H yeatra and may. IT rexjatrwd. awajte
tntereat for S year. Thta will make tba atavta LawatrUnest La UU
district OQual to I te 805, el L& total bond Usa.
Havlnr invested In this district and having approved Its bonds
a lecal investment, tbe otata 1 flnaociajly uiLtrested and morftlly
oblisattxl
We purchased this lssn after carefal personal tnvestiganoa
and aXter (mvorablo report from eur enarlnewrinc vnd lecftl expert.
eonflrmlnr tn all wpect th report of tM bxauo cwuriiaavtft. we
rcoommend thea bonds aft. In oar opinion.
lnveaTtxnent. Federal lnooroe tax exempt.
ft aftXe and deaarabk
NEW ISSUE
$150,000
Wasco County, Oregon
6
Road Bonds
(The Dalles-California Highway Bonds)
Dated January 14, 1922 Due January 14. 1942
without right of prior redemption.
Exempt From the. Federal Income Tax
Legal investment for savings banks and trust funds and
as security for public funds in Oregon.
FINANCIAL STATEMENT
Assessed valuation, 1920... $20,162,074.44
Total bonded debt (including this issue) 410,000.00
Population. 1920.. .... .13,649
Wasco County is the oldest county in Eastern Oregon.
Fruit, hvestock and wheat are the principal products.
PRICED 112.55, TO YIELD 5
BLYTH, WITTER & CO.
Fourth and Stark Street -
BOND & GOODWIN iV
U. S. National Bank Bid.
Kli wold awars tao Mrttneattoa f tk Sae
rataxy f StaU. aaaer Uo ttftka peal et Ofia.
G. E. It ULLER & COMPANY
rerttoii SeaHle
Secoed Fleer, tWtawwteni Bank B3dlt;
Umi 41IS
MONTHS AGO, before bond prices began to advance, we
advised our clients to purchase bonds for the reason that
conditions indicated a raise in prices and a decrease in
yields. We again call attention to the situation and for the
same reason advise investment in such solid securities as
6 Generaal Obligation. ;
Improvernent Bonds
CITY of PORTLAND
Due 1931 Optional after October, 1924 ' '
PRICE TO YIELD 5
Baa. .TMtt,
1929
1932-34 5.00?
Morrow County, Oregon, 5j4s
Wallowa County, Oregon, 54s
Dutch East Indies -(Netherlands)
6s 1947 6.75ft
Bonds of these types undoubtedly will command
higher prices as we progress back into settled paths
of business. Buy now and profit.
UU AAiivm ,
r - y " - -. - -
Town and SUtte....
BROADWAY and OAK
3
TATemkev Calaaa) ! ( Trft4o
Crraa4L6 J Lraa A Bryftal
at Taak - -