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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Jan. 18, 1922)
14 fHE OREGON DAILY JOURNAL. PORTLAND. OREGON. WEDNESDAY. JANUARY 18. 1S22. GULF STATES" STEEL? FURNISHES -FIfjLE - WORKS FOR WALL : STREET Portlander Joins hiamatn uank Btaii STOCK MARKET IS , FRM AT OPENING STRENGTH SHOVR IN WOOL MAR1CET to esasael tae mmimm I Well Street Joaraal Fmaacml Review) X.w Tert,, Jm. 18 (C. P The (rami 1Ua .New Tar Stack Exchange was Md) a. WttB mil " she niarataOvo la' hie. I'm Bm. . .wh ha a aa far as nnmr ta the toe to mdombmL dearns fereegb 80. thee imUI about 3 BuSaaia. eg.r atnrey wee the Ml Imtiirs. Mb AwnrH Saaer aettlag three 63 lna advaaee ef 3 ar miae antwta hut Mai aaaara. Tha adeajm ! sua area eewntedly Ure-lr das to the stno tech3nal mmUoi ml Um share by iara at the bun Mn Intern that be baea built ap hi them Aerta tn ket im asuatke bad which HUwl mum (nt through Uw IVeember bin llb aje above V Tha streacth of etoee attracted iwHiriblt atleatioa eecaue I h a-wiuua of the anatei fir steel pralacta, whw niNNt how rwaplrtely Cbice Mrai Pre- . dwaer ar igaartag Um flttetmrs baa, la aim with raeeet butt for about 64.00 ef bar. ahaeea and alal nurrbd by tao rsireaed irao-au, 4h-ee pelnea eeoted were I 49 baadrad pewad. Chicago, which worked bark to tSa Pi tuna rg baa. M tha equivalent af II n rttiaeer. ar below tha low of It. 03 rtttwtara. ar null nhavitlr below tba I aa ban af .03 nttaburc. axed hi a aUcW traaatlufl. ( U mewey was 4 par eaat throughout tba Jam. IS. Tha wool market U todkaiioa af thai tab) Wat turaitbed Um amsrwmeat sales a baa 8.000.060 pouads wool vat aoM at advaaee af from 1 ts SO par swat, Many grade, of wool an ap SO ta 43 par cant aiaca last ewssaser and there is a scarcity at Ugh end aooai ta tha local art. TOBACCO Haw Orleans. Jaa. IS. Tba near galea in Be abeww a daaded increase that and aut factories art running Msaufartarera say retailers underestt- their holiday aatdi aad bay found it raassry to restock. GLASS Pittsburg. Jaa. 18. Glass manufactnren anticipate ia increase is Um demand for wiadow laai wttb tha aooroacb at sbrtne. A ant aatjeinmtad and ban eoaapaaUoa ia Tort. Jta. I (1. P.) Tha arm) a ftna opafiin na tba 3w Imt atone tnbr. Kaii wr-w imoai tha aarly Aaaia lAa low Dnead eayrWn. N Ha a Maia a taatan with moat of th aar'r aha at SoVtbaya. Paeifle hld anaaad TaaUf'l blah. Anton tna avtoatrtabi. Gjllf Stain . Sttal atain fumahad tha ft r work, opaaiB 1S00 aiiaraa it u ife not and m hUh on tha aiaaa. Rtudabakar aixt got lata arm hiyh arawad for tha ataath at SOi. ap "4. Susan vara frartMaally htahay. Thar still was lot at araaaara aa CrnUl. which Bad aa aarly law alna to lit. - Tha taraorrt la tha tint half bonr wa 110.000 abaras. ar a dally rata of 1.500.00V aha rm. Stodahahrr broka thronih SO. which withal t vtata of tha too naebad carty 1 fall Chaadlar a how. t and Galf Btatra ataal at IS Half StaU at thia pno I up orer la tmnta rnan taut weak a low. Tba faat that atha iDdapaadaat ttnaht ha faliad to mo with Unit atataa wtmkl area hsdimla thara a) a apaeiaJ raaaoa for bta advanca la tha laoay. jn) azptratxn of tha toting trart. law wratt ago, aoatrol of thia stock U la tha nn markM. Tha hat waa ahlifttad ta ahaorb a iraat dral af protti taklag and thai rauaad nwaiwi of aolnt or Mora In tha tiarnlaUT leadara. htunVbahcf fold down from 0 to 89 Calf ntetaa Rtal fraai 05 to 2S. Kallwar ataala (old down to 1 tfc noirrU and tha raboar aharaa aa araracn nf a point Kail - bald aa batiar Umb tha ItHluatrial- an.i tha alia. . Ooaal rnaaraon waa takan In im1 toward tike and of Um third hoar, with u ..t 85c. la othar wontii. Um atiiek tnt-(1 t lwoemhcr hich af HI. Tb hUh ta lO'.'l u K.iW. The . ran op In thai stock helped Hrpublio Lackawanna and Hal hhiheai. but there sveaied to be Ment? af rrarihl for on U rallirn. While strel aaratMna have fallva off HhUr. weekly trade reTlew rail attention Vi eximrtataon of much aiaher e pa ratio na in tb next few months. Ask High Tariff On Foreign Wools Itlahn. Jaa 18. Raaolntiona paaaed fha Idaho Weui flrowers' aaaoriaUon at thr Taaaaay imadiM of their coaventioe racommnd Um ab'Jtehmrtit of tha elate gam department. Bah I II eant tariff on wool and reduction areata feea la tba national forests; socgast redjartbia la wagre of railroad employes tn law radwUna m freight rates, ak the farax and etnrh ain be alluwad by fedaral banks i Sarard nrtrilreae oa Inaaa. The foUnwtng offiram were eleoted: Rngh Sproal of Wulea. praidnt ; Bra ltarrah, Hho- khom). Tins preatnrnt; Jotin KkWnbsuih, Boise, anraUry and UramreT. Salos-t STOCKS IBlfa. DRY GOODS St. Ioais. Jsa. 18. Whokwalen her r of tb opinioa that retailers tn the grain growing etataa hae aaarly racanlrted the liquidation of their ohlicationa. Iierided dullness prrraiU jnst at present, however, due to MasonaJ causes. ATJTOlfOBILES Detroit. Jan. 18. AnnonnernMnt that Henry would awlst the Lelaads in parensaB the bmU of tha Uncoln Motor company Feb re ar? 4 has shot tha Laneoia stock ap to 80 there and orer. Ford is uid to intend turning oat the LJnoola car in aoantiuas to sell at pries and that bis plans contemplate maktnc some reimbursement to original stock' holders. NO-TEKROUB MrTTALS San Francisco. Jsn. 18. There are distinct Indications of a reelTal in the mining industry Many gold si ad aWer properties are re-opcsing sad increased prodnrtton t probable. MEAT I'KOnuOTs Houston. Tela. Jan. 18. Trade brisk with the nackinc houses of Uw Southwest. experts ly the Independent companies tn rnrt Worth. Dallas and Houston. This aas been reflection fo tha strike emcloves of the large packing companies is Fort Worth and OklshnmsJ City. altnneapoli. Jsn. 18. The railroads' running Into the Twin Cities report a decided increase in shipments of fsrm product due to tba redne- tum in freight ratrs. SUGAR BEETS Detroit. Jsn. 18. The beet sugar manofaetur In season in Northern Ohio and Michizan has closed. Production was only shout 80 per cent of normal owing to the small sugar content the beets this year. The crop is expected yield about 18,000,000 bags. SHOES Chicago, Jan. 18. The arerage net profit of hoe dealer in thia section in was 1.2 -er rent net sales and dealer here declare that the. do not expect to beat this are rage much to l22 PACIFIC COAST BASK 8TA.TEMEJ.T Clearings Balance Cles rings Rslances Clearing Bs la noes PORTLAND BANKS 1822. 5,703.478 1,401.711 4.849,838 1.283.018 4.6S8.0A4 8S1.027 Monday.. I Monday. . . Tuesday . . Tuesday. . Wednesday Wednesday 1921. ,028,150 1.622,795 5.504.853 1.171.54 5.169.B09 1.412.94 Clearings Balances 4.797.55 957,933 SeetUe Banks Wednesday ........ Wednesday Taooma Banks Wednesday transactions $ 2.873.434 ban Franclsoa Banks Clearings Wednesday $23,300,000 Oak land Banks Clearings Wednesday f 2,197,800 Los anisias Banks Clearings Wednesday $17,244,000 Bonus Bonds Are Sold at Premium New York, Jan. 18. Quick resale of the state nf Oregon s boon bonds has been made here. Stary & Breua bid 100.179 for the $10,000 Olio laau ot per cent. WaAXL STREET QUOTATIONS ; Furnished by Overbeck fc Cooke Cos, Board of Trade Buildtn; aavwiAoi . . .lAd 500 'Agr. Express Cheaa, 200 do pfd. ...... lSwft AJaa KaMxr Alaska , Goat -. . Alaska JuBeas ... 700OiAllMd Cheat .... 2990 AlBaamfcaei ... 200 do pfd. ...... 1000 Am. Beet Cugax . , IswOiAsa. Bosch ...... laOOLajn- Can Co. i. , . . . ....I da pfd. UOOIAm. Car Fdy. .. do pfd. ....... TOO Aas. Cot Oil ..... ... do pfd. lOO Am. Drug Bynd. . . 1ZO0 Am. Hide 1100 do pfd ..... 1400.Am. fee . SlOOiAm. InO. Cora, 20001 Am. Unsaad. .. 2001 do pfd. 50 si so S9 48 95 54- 64 30 554 13 574 1 eUOCOa a a do pfd 1000 Am. Bat. Raaar 7 00 1 Am- Ship Comrcl 20O; do pfd. 2)0 Am. Snuff . . . . . 900 Am. Btael Fdy. . lS500Am. Sugar ioui oo ix a. 8200'Am. Sumatra . . . 4500 Am. Ted. A Tel.. VOOiAm. Tobacco ... 10001 do "B" 7000 Am. Wool ...... 100 do pfd. 400 Am. W. p. pfd.. 40O1Am. Zinc ....... 6400;Anaconda ...... AHL uu 2200 Atchison 600i do pfd. ! 00( Atlantic Coast t tnc . : 700. Atl. Gulf & W. Al 21900 Baldwin Loco .... do pd. . . 1 - eOO.Balto. At Ohio. do pfd. Beth Steel "B" Booth Fish . . . T C. A Z. A Sup. . Bros. . . Oil Tacking Vet. . . . pfd. ... Pae. 1 85 84 4 -to 84 14S ' 22 . . i . S 14 2K 85 414 SH 58 108 B. B. 4200 1000 8500 4 00; Butt SSOOBntte 1200 .Bom 200lCaddo 1800Clif. lBOOjt'slaif. 100! do 480010 2500;Cential Leather 200iCem de Pasco. 305OOCbandler Motor 1100IC. It N. W. . . Chgo. Gt. W 200 do pfd. . 6500 Chili Cop. 800 Chino 5300 C. M, St. P 870 do pfd. ....... 53O0 Coco Cola 700 C. A O 2400 Colo. F. A I. JOOlColo. Southern lTOOICol. Gas A Elee. . l.tOOlCohunbi Graph . . . 700'Con. Gas '.Cons Cigars ...... do pfd. lConU. Can Citjes arc Banker 4 C00 Corn Prod. 100 do pfd. 4800) Onion- Oil 1300jC. K. L A P.... 500 do A pfd. . . . SbOl do B pfd. . . . ISi'OO Crucible 200 2100 30800 3000 20 1100 100 12NO0 ...4 - 91 H 42 S3 94 84 118 134 180 84 104 24 13 50 98 H 904 8 35 9 8 9 5 24 118 A 48 88 126 33 84 61 64 16 17 28 19 S3 44 57 25 40 69 1 93 89 84 146 ii ..... 13 0 83 41 31 58 106 4 7 91 112 69 4 82 117 133 129 82' , 104 i 28 - ia 49 98 88 83 29 98 61 11 80 55 14 -5 59 42 1 85 S9 34 6 146 74 21 41 4 14 2 84 41 82 58 106 113 4 9 91 110 32 62 94 ii7 133 130 83 104 23 13 49 100 98 87 L90 3U 97 BTOCHa IHarh-l Law, t Bid. 600 1000 do pfd. Cuba Cane do pfd. Cuban Am. Sugar Del. ft Hud ion . . Dome Mine Del. ft Lack. ... Dsrison Chem. . . 7700;Endieott Johnson lt00 500 1100 7700 Erie do 1st pfd do 2d pfd Famous Players. . . Fed. Mng. ft Smlf. 200 do pfd i . 500 Fisk Tire 300 Gaston Wms. Gen. Cigsre 1700 Gen. Elec 2700 (lea. Motor Glen AWen r.0O0Gen. Asphalt .... 19 99 113 35 82 87 74 60 80 9 18 17 110 21 115 65 80 9 13 9 84 . .Ilf03 35 58 7 7 5 22 115 11 71 47 85 124 31 34 59 63 161 17 I 28 I 18 32 43 57 25 89 68 1 92 18 97 113 34 32 87 73 57 80 8 17 15 110 21 115 52 78 8 13 9 82 142 8 69 58 34 54 58 7 6 5 24 116 11 71 48 85 126 32 34 60 64 . 16 17 28 19 32 43 57 25 39 68 1 93 26 62 47 19 98 113 84 ' 32 87 73 59 80 8 18 16 109 21 113 54 80 9 13 8 83 9 37 12 72 152 8 45 i 59 1000! Goodrich . . . . . kJoodysar ....... l0Granuy , OOOjGreat - Nar. .Ore... . iw 00 ptd 'Greene ( lO7O0!Guif 8 tad Z7902iak Barker .... 400!Hovabm Oil i., SfcOO'Hupp Motor . . . . . i 200'llla. Cert. .. 1 5 0 ' Inspi ration ...... int. Agr. Vorp.. a do pfd luterboro ....... do of d 10OO interstate Callahaa , 40jlnt. Harrs 2001 do pfd 800 Int. Mere. 80004 da pfd . . . . . 7e;lnt. Kicfcel . . , 1700 Int. Paper .... I do pfd . . 6400InTincible Oil , lZOOlIslaitd Oil .... SOOlJewei Tea 400 K. C. Southern i do pfd. . . . lSOOjSelly-Spgnd .. 6100 Kennecott ... 2900 Keystone Tin 1 4 00 i Lack Steel .. 600;Lee Tire .... 1800;Lebigh Valley 400Lonilard . . . . 700)Uiew Theatre OOOiL ft N 500Mariand Oil 500,May Dept. Store. Z4800,Mex. Pet. . . , 200;Miami 5900iMiddle States Oil. oaouMidrsle teel . 200M. K. ft T. "Wi" 50O do pfd. "Wi".. . . . . . Mont- Power 8800 Uai. Ward Mo. Pac. ....... do pfd. M. St P. ft S-S.M. 88 29 82 Yd 65 84 75 14 102 40 1000 600 100 S200Nor. Amn. 400 87 29 31 73 62 83 74 13 102 S 1 4 83 110 14 65 12 48 15 2 13 28 S8 27 18 47 28 60 150 13 113 zo 109 115 27 12 30 8 25 1 4 5 83 110 14 64 12 4T 15 2 13 23 37 27 17 46 28 69 148 13 114 24 108 112 27 12 30 8 24 Gold Reserves Show Additional Increase rhon, and Now"Series f """eaaafaaaaaaasaaMawawaaaaaBBy Portland's FIRST Telegram CrTT .a. B. "Lit a, ' a 1 B aVU . "I 1i 1.-M -t PORTLAND took' a mighty step forward on that long-ago day in 1864 when telegraphic communication was estab lished with the world. For many weary months men of .fortitude, imbued with that indomitable spirit which builds empires, had labored long and hard stretching a slender strand of wire from San Francisco, the metropolis, to Portland, the then frontier settlement. Over mountains, across canyons and streams, through seemingly-impenetrable forests they fought their way and triumphed. At last the work was completed, the final testing done, a congratulatory greeting and then, the first message, repro duced above, came to Ladd & Tilton. It is not surprising that this pioneer institution, first in so many things in the Pacific Northwest should have the distinc- . uon of receiving the first tele graphic message into Portland Now, as then, LADD & TILTON BANK is prompt to use every - modern facility for the efficient, It. 1 a. . m . . inuruuxn vruisacuon oi DUSl- - V jHf n;, . ness in its tiff airs with clients. SmXV Oldest in the Northwest Washington ' at Third r IMBCN LK5BT.1 Nat. Biscuit Enamel Nat. Lead Nevada Coo New Hsren 500 Norfolk ft W 8300Nor Psc. iora oceua nteei. . N. Y. Air Brake. . . N. T. Central Okla. Prod, ret . . . 200IOntario Silrer . 1500tOntario ftW lSOOifHis Steel SOOlPacilic Der. 60oPae. Gas ft Elee... 12200Punta ADecre .... 5700!Pacific OQ SSOOiPaa Am. Pet. 1000; Pan Am. Pet. lOOOlPan Am. Pet "B .. 4000 Nat. 1000 I 1900 : llOOOi 400 1001 1100 100 1600 Penn 2700 Peoples Gas 800 jPere Marquette ... 700 Pure Oil 900 Phillips Pete. 11800 Pierce Arrow 1000 Tierce Oil 500 Pitts Coal Va. . Car.. S-. lOOit'itfe. ft W. .... I do pfd. . . 800 (Pressed Steel 4700Pullmaa 1400, Kay Cons. .. . 7 10i Heading 2 Ol i Remington ... 2es(0 Replogle Steel 4 4 0O Republic L ft 200 do pfd. 200Rep. Motors .... lKOOIBoyal Dntch OiL ; 2S00 Kj. , Steel Springs.. lOOiKtandard OU N. J, 4 2 00! Hear Roebuck ... IShattuck, Aria, .. 100 8hel9 T. ft T. .. . 4300iSinclair Standard Oil Ind. . 1500Sloss-Sbeff 4100 Sou. Paafie .... HOOiSou. Railway SOOIStand. Oil Cat. 1500 5000 49300 St. L. ft S. F. Stromberg Carb. . . Studebaker Swift ft Co Ten. Cod. ft Chem. Texas OU Texas Pac Tel. Pac. C. ft 0. . Tob. Product Tran. Contl. Oil. . . Union Oil Del t'nion Psc, United A!loy I nited Drug United Food Prod. . United Fruit United Rds. N. J.. Union B. & P United Retail 8 to res i C. S. Ind. Alcohol C. S. Rubber . . . do 1st pfd. . . . C. S. Smelting. . . U. S. Steel do pfd Utah Copper . . . ." Va. Chem. ..... do pfd. Vanadium Steel . . Viyandou 15 17 46 65 50 130 37 93 15 15 10O 78 25 61 75 2 22 11 8 65 35 47 63 52 47- 34 67 21 36 31 17 10 61 24 '65'""" 113 15 74 27 28 64 86 8 52 100 181! 04 37 20 "42" 82 19 95 22 43 90 101 10 45 27 2.1 64 10 20 130 27 71 8 125 9 54 44 55 100 37 85 117 64 28 5700 200 2 00 1 Wabash 700 do A pfd. . . .... do B pfd. . . 1800 Wells Fargo . . 800 Western Pac. . , .' . . do pfd. .... 800! Western Union. 1900!West hse E. ft 2500White Motors.. 1 700WiIlys-OTerland 18001 do pfd. 200 Wilson Packing. I Wisconsin Central . 4 00! Woo) worth 500Worthington Pump.. 700 Money 500IW. ft White I. E. Oil . 13 17 46 65 49 134 37 92 15 14 99 77 25 61 74 2 2i 10 8 ! 64 33 46 52 51" 46 34 66 20 35 30 16 10 61 24 '64 19 73 26 27 62 86 7 51 98 180 62 "S7 20 'ii" 82 18 95 22 41 88 100 10 4 26 25 64 10 19 29 26 71 8 124 8 53 43 54 100 36 84 117 63 28 S3 6 6 20 83 15 92 51 40 5 30 32 Total sales stocks, Bonds. $1.7,055.000, 141 40 7 9 4 874,800. 32 6 6 20 82 15 92 50 89 5 29 32 i46 46 6 8 4 37 11 28 31 73 27 5 83 - ! 14 13 160 39 S 38 1 4 3 83 110 - 14 64 12 48 80 15 2 12 23 54 38 27 17 47 28 59 149 13 115 25 108 112 27 12 30 8 25 14 17 46 65 50 134 37 92 15 15 99 77 25 61 74 2 6 21 11 8 65 35 4 52 52 47 34 66 20 35 30 16 10 61 24 76 64 112 14 74 27 28 53 86 51 93 s 180 62 8 37 20 86 40 82 18 95 22 44 88 100 10 25 84 10 20 130 26 70 8 125 8 67 53 44 54 99 36 85 117 63 28 67 32 6 6 20 13 83 15 52 92 50 39 5 29 32 25 140 46 7 8 4 Betara ta tha-11 us banks af large iaa of federal nam notes and , ether eurrea and substantial redactioei in deposit' nabilitsea. amoapanid by c miaii ninrat licuidation af amnuBtad and purchased tails, ara iadicatrd ia tha federal rere board' weekly consolidated statement aa at. tha cka of tmrinma oa Jan uary II. 19Z3. -s Uold least tus snow a further tain of tA - 300.000, while other nanus eaah. eompoaed largely 0 aUrer certifies ic and United Stataa tea, tai rasaiin nr sii.zev.OvO. AB rlsmia of roTerument paper, except balk, secured by treas ury no tea. show -aubstaBtial decline foe tha week. 1 Government deposits are shows $53,000,000 a than the week before. Reserve dararit in. creased by 84,200,000. while other deposit, eompoaed largely of aon-ssember clearing ac count aad enaharrs' checks, fell off $3,400,000. KUmata Falls. Jan. It . laarahaTJ Hooper, vice president of the First State & Savinca bank of this city, and for merly ' assistant state bank examiner, has reaisned. - C E- WaHes. formarty of the Bankers Trust company of Portland, has been named to soceeed him. Wallea arrived Monday nlrht. 8aB4y Bask Ofnclal Sandy. Jsa. 1C The foliowia afneial were recently reelected at the aasetin ot tba stock header . of tha Oacksmss County Bank at Saedy: W. A. Proctor, president: J. G. Sleret of Greaham. Tic. nraaideBt. I" T- TmM-e eaahjer; C. a Duke, a distant eashair. SEW TOBK BOJTD. If ABKET (Furnished by Overbeck ft Cooke Co.) Bid. Atchison Gent. 4- ; . . . 89 Baltimore Ohio Gold 4a 79 Beth. Steel Ref. 5 .. .... 91 Cent. Pacific 1st A 84 ' St Paul GenL 4 61 Chicago N. W. GenL 4a. . . . . . 83 L. ft N. Cut 4 90 New York By. 5 25 Northern Pac P. L. 4 87 Union Pac 1st 4 91 U. 8. Steel 5 . . 100 Union Pac. 1st Ref. 5s ...... 86 Southern Pac Conv. 6a 97 do 4s 88 Pesna. Cone. 4s 9 Penna. 1st 4s 88 Cbes. ft Ohio Conv. 6s 86 Ore. Short Line 4s 90 Aineu racier us 70 Amn. Uan 7s . Amn. Cotton Oil 6s. 1924 . . . Amn. Tobacco 7s, 1 922 Ansconda 7s, 1929 Anglo-Amn. Oil 7, 1925.. Armour 7s, 1930 Cudahy Pack. 7a, 1923 tien. - E'ec. Deb. 5s, 1 952 . . . Goodrich 7s. 1923 : . . . KennecoU t-'op. 7. 1930 Pac. Gas ft Elec. 7s. 1925. . Psc, Fruit Expr. 7s , Rears-Roebuck 7. 1927 Standard OU CaX 7s. 1931. WestiiiKhouM 7s, 1931 West. Elec 7s, 192 90 94 1 1 101 101 103 102 100 96 97 102 100 104 99 107 107 104 Asked. 9 79 92 ST 1 86 91 26 87 1 101 86 96 ' 89 86 90 71 94 94 101 102 104 102 96 98 102 1(12 10K 99 107 107 103 SldrtfleM Bank Electa Office r RidgeftehL vYab Jaa. 18. The to hewing rr choeea at the aBaual atockholden mmronm and etoctjoa of officers aad directors of tha La Center State bank: President. F. F. Mvera: rwadeat. A. A. Harriana- mAIh CK.rU. A. BnOoo, aad assistant cashsir. R. C Rhodes. ! TWdiraetnrs elected were: F. F. Myerk. Charle A Button. M. H. Kane, aad George U Spencer. .The La Center State bank is the aeily vara ta stlmtion. except the Ridgefwid Stale hank, ia a tern Clarke county, and during the mat year m wat progress. Kelie Pharmacy Adda Jfew Ftxtarea aesso. Wash.. Jan. IK TV. bi r pharaaacy of this city fa -tailing a eomolete new set of mahoaanT HttnM . ihn. .... which will make the local store the best equipped pn.naci mwa rorusBa am ; BUSINESS SUNSHINE : " : HoQBlam, WasK. Jan. is. The Grays Harbor mill, the Unrest sawA mill tn this distrtct. may start one or two Blent shifts within the next tew weeks. Corn party 'official are await in; completion of repair to a bta; dy namo, which waa burned oat In a re cent electrical storm. Wherrthia ma chine is back in runnirar order, and if Vox are more plentiful, the mill may ' be - started ntrhta. thy an nounced. . The loc aarpply is far short ot the demand her at this time and alU patent, especially by water, are unusually brisk. the neor T the Krw Tor Mack Ereheare raesd a 4 ar eaat: Bta 4 ta Sw nai; . 4 per net, Time money was relet. - . ,." Raem were 4 4 jaw aeat . The Bat eleaad stoady. Inaist aarrha. 84-2J1 OSlI; bra. .0437: asarfca. .eeilV. I aeia made br sssBvisrtartoc eomnsny that J. W. Croack la proprietor of the Mora. T ODD LOTS 71 aa rm . aw a TIIXAMOOK COC5TT BAKK OFFICIAL- ABE BEELECTED Tniamook. Or.. Jaa. 18 At the aaaaal torsholders ae tin of the Tillamook C beak the following efTtcera aad diraotsv fartad: ' - sLainO Wtllasma af mod: vkw pi audi a ts. Darid Karaih aad H. T. Botta; caahier. B. U Bea!: yaaenr aaaavtaat eaahiar, C B. Btaawy: director. Rahph VTU Bama. Paeid Slurs Ilii. H. T. Bates. T. W. Lystrr. Mike Ablaaalp. David Fitxpatrtrk. Jaasaa WU hanu, J oh Orkaoo aad VTOnam MsrweU. There i no ahang ia the rwraooBal aad Uavtd VaratU will coaUnue to act aa anas gal aad vice 'resident. Xeaey aad Excaaaf New York. Jan. IB. U. I. a-1 FOREIGN I Furni-hed Belgian rest. 5s . do prem. 5s, . do 7s 1945 do 8s 1941.. do 6s 1925. . Brazil 8s 1941. . British 5s 1922 do 5s 1927 do 5s 1929 do vky. 4s do . ref. 4s Bordeaux 6s 1034 . . . Canadian 5s 1937.. do 5s 192Q..J... do 5H 1929 d.y 5s 1931 do 5 s 1927. . . . Chilean 8 1941C. . . Currency Denmark 8 1945... Dan. Muni. 8s 1945. French 4s 1917 do 5s 1920 do 5s 1981 do 7s 1941.... do 8s 1945 German W. L 5 . . . . Berlin 4s Hamburg 4s ....... do 4s Leiiwg 4 s do 5s Munich 4s ....... do 5s Frsnkfort 4s Italian 5s 1918 . . . Jsp 4s 1931 Jap H Oil 1925. Jsp 2d 4s 1925. Norway 8s 1940... Russian 5s 1921. do. 5, 1926... 6s 1919... 5s 1929... 8s 1940 5s 1922.. 5s 1R29... 5s 1937... uOTEBSMEST BOXDS by Overbeck ftCook Co.) DHL Al do Swiss do K. do do C 67 74 107 106 95 104 87 86 84 67 63 83 95 97 98 96 . 94 . 101 9 . 108 . 106 . 50 73 63 95 . 100 3 4 , 5 5 5 5 5 : 6 S3 . 73 . 87 . 86 . 109 . 17 4 . 17 . 97 . M13 100 5-16 . 100 . 97 70 78 107 106 95 104 88 87 8 69 65 83 96 97 9R 97 96 102 11 108 107 50 74 64 95 100 4 5 6 5 6 7 8 7 38 74 88 K7 109 19 5 19 97 114 100 100 89 BOSTON COPPER SHARES A Cook Co.) Our Assets ON January First WERE $1,574,627.69 ill 10.. Cent. R Kqnln. ra to yield a.$0 tStt l:$tflOLM .,$200 1M1O10LU Pena. Rd. Equip. C's to yield A$0 - fifM irstfioi.ii - . . (JOO0 lmtJ 10LI4 ' International Pa iter First ' atst- to yield a.01 . $7064 147617.00 ' Wallowa. Ore, Oen. Oh. Imp. . C's to yield $ o $250e 1930100 ' , $1000 1K401OO Dallaa, Ora,"Orn. Ob. Impt C's to yield COOe $200 ii:vio Prov. ot Saakatchewan l i to yield t l . $2433 1923 ). Public Serrkce Corp. of N. J. re to yield 7.10 $1700 l41ii'A7 Standard Gaa A Klectrie Co. 7 a to yield 7 -60Tb $3a00 1410100 ALL OFFERS 8CBJECT TO TRIOR BALE It is the policy of the Lumbermcns Trust Company Bank to insist that every customer receives prompt and courteous treatment. It is the consistent application of that pol icy that is responsible for the steady growth of all departments of this institution. Savings Commercial Trust LUMBERMENS BROADWAY AT OAK Bid. Ask. , Aria. Cm. 8 9 Advent. 50 70 Ahme'k 62 63 Algomah 20 60 Alloues 27 28 Arcadian 2 3 Bng.Ms. 18 13 C. ft A. 58 59 C. ft H.270 280 N.Corn. 18 18 Cent... 9 10 Cop. Re. 43 44 UDaly.. 6 7 D. West 2 2 K.Butte 11 11 Fr.Mng.. 1 2 Granhy 28 80 Hancock. '2 S Helvetia. 2 2 Indiana 75 80 I&L Ot 86 86 do pf. 91 91 Keewanaw 1 1 Kerr Lke. 3 3 Lake Op. 2 2 LeSalle.. 1 2 MaaxCou. 2 3 Mohawk 56 67 M.O.Cot. 2 S 20 25 83 . 2 1 45 14 Bid Mason T. 1 N. Butte 18 Nimaxin. 6 a. Late O.D.Cop. OaMna. Obijawa. Qcy.Mng P. Creek I. Royale 24 S.Lake. 44 S. Boston 1 U.S. Men. 88 do nf. 25 S.Utah. . 8 S.Cop... 2 Shattuck. 8 TTin. Cop. 2 ru lumne 73 Utah Coo. 1 TX8.Mac. 86 do nf. 43 V. Apex. 2 Venvora 22 Victoria .1 Winona . 40 Wolvere 10 Wy'dott 35 Ask. 1 18 40 26 84 16 2 46 13 25 45 1 38 25 5 8 9 2 13-16 75 2 38 44 2 28 1 50 11 86 FoDmaa Elected Prelae.t Baker. Jan. 18. WilK.m. rrji.a, , of the Baker Lea. A Troat coa-c thi, I AiiricU! NaUJonal Uratock mmtxiiinm It's not for the little fellowi only. Banks, insurance companies arid rich men buy huge sums of bonds every year on the Partial Payment Plan. Why not you? Do It Now Ask for Details 0ot Our P. P. P. Freeman, Smith & CJnp Co. Lumbermens BWt-, Portland. Please send me details of your Partial Payment Plan. 1 Name Address FOREIGN F.XCHAKGE RATES tn .... I ..I A.Sm k. .. e,i.l . partment of the United States National bank. vuowuesb uckjw lexcopt we pouna sterling 1 an quoted on the basis of 100 anit foraigB currencTt Opening aomlnal rates Draft London Checks. Lbs. sterTtog.$ 4.22 Paris Franca. 8.1 A Berlin Marks. Genoa Lara. .. Athena- Drachma. Copenhagen Kroner 20.00 Chrisriania Kroner 15.70 Stockholm Kroner 24.83 Hongtong Currency. . .. $3.25 Japan Tea. . .. 47.55 Snsnghai 1MB 10 Canadiaaa dollar .S.H 4.36 4.38 on bank Cahla Transfers. $ 4.22 8.17 .58 4.86 4.40 20.05 15.75 24.88 3.50 70 Par Yarae. $ 4.868 19 30 28.81 19.30 13.80 28.70 28.70 26.70 75.00 75.30 discount. 7 per cent. SHORT TERM SECURITIES (Furnished by Clark. Kendall ft Co. Am. TeL ft TeL 6s, August. 1925.... 111 Anaconda Cop. 6s, January, 1929..... 101 Anaconda Cop. 7a, January. 1929 . . . . 98 Armour Conv. 7s. July. 1930 102 Belgian Gov. 6s, January. 1925 95! Beth. Steel 7s. July. 1923 100 Beth. Steel 7s. July, 1923 100 Canadian 5s. April. 1936..... 97 J Canadian 6. October, 1931 98 Con, Ktp. Assoc 8s. February. 1922.. 101 Cop. Kip. Assoc 8s. February, 1923... 101 Oon. Kxd. Assoc 8s. February. 1934 . . . 108 Cop. Kir Aarnc. 8. February. 1923.. 104 Cudahy Pack: 7. . July. 1923 100 Jap. First Kit 4. February. 1925.. 87 Southwestern Bell TeL 7s. April. 1925 101 Standard Oil of New York 7s. Jan., 1931 110 Swift ft Co. 7s. October. 1925 101 U. 8. Rubber 7s. Oeeessber. 1923 . 101 O. g. Rubber 7s, Augwst, 1930. . . . . 05 STANDARD OIL STOCKS (Furnished by Overbeck, Cooke Company) uia. Anglo 17 CTii HWil ni'iogh 175 do pfd i... 106 . RcreAa 60 Galeae, coas. ............ 40 Galena, old pfd...... 105 Galena, new pfd.. . . . 100 niinoas Pipe ............ 168 Indian Pipe ........... . 89 NcrtherB Pip 92 Ohio OU ............... 268 Pena Max. ............. 16 . Southern Pip ............ 80 South Pena OU. . . 180 S O. Cant...... 95 ... 8. O. Ind. . ............. - 86 ... ft. O. Kansas. ............ S65 380 S. Ot. Kentucky........... 440 .450 - O. N. T.. ....... ...... 362 365 S O. Ohio. . . ... ........ 883 395 pfd 114 115 8. O. H. J.. ......... ..180 ... 9 a Nebraska........... 163 17S $10,000,000 State off Oregon VETERANS STATE AID .414 - Gold Bonds Dated Feb. 1, 1922. Due April 1, 1931. to Oct. 1, 1950. DENOMINATION $1000 Principal and Semi-Annual Interest ( April and Oct. 1st) pay able at Fiscal Agency, State of Oregon, in New York City.' These bonds are issued under authority of Article XI-C of constitution of Oregon and Chapter 201 General Laws of Oregon of 1921. They constitute a general obligation of the State and are supported by an ad valorem tax on all taxable property in the State. Constitutionality and validity of issue approved by Supreme Court of State of Oreeron December 13,-1921. Exempt From. All Federal Income Tax Legality to bo appro! by Mewsr. Storey, TnorB . dyke. Palmer St Dodge, Attcaawya, Bo tost, Mass. is 185 110 S3 42 107 103 178 90 96 273 18 88 190 Prices according to maturity--to yield A35 to TjL.45 li. ' .U. Wire Orders Collect Ralph S chneelogh C ok'PANY r , ... ' 1 at. y - ja. g I .1 Eitacada Bank Bays Beads Kataeada. Jaa. 18. The sale of 314TT. -J sparial uapweament boada by the city hanmsPAJOXD corporatiok ptkance ' - UJeejvMes. un-orio irTTI Bwj OTOTa. 3Tt (.TS BONDS IWANTEffi -PARTNERS INQUIRE AT Rdrtlan d Gas COKE GMPANY K i . eA BVtU'?l' . . t CaaaVCaAaCa. Dead .Caaaa BMgFaettaaM Bead ate tree rDaatrwted Booklet aad tell n new to bcbm a Bertoer ta yew Cesnpany. Na Street Chy pan a -m r.i mi yw LaBBW-" "-s-maa-. eaW afA'l SL7 StCQKOeySTAiWSrS CONVENIENT BANKING HOURS . Remember our Honrs arm from S o'clock in the morning until 5:30 in the after noon, and on Satur days, from 8 A. Af. to 8 P. Af. HOURS-8 A.M TO 530 PM SATURDAYS 8AM TO 8 PR The Investor j and the Income Tax 1 A 64BLra tanok aauul ... ' ! etaervrly to the laeeai Tax pre ale Bta oeafreaUac the ta.. eater or trader la stocks aad bead. . saitmnaikibl auaraaaa asctsawaef tAw4tee. ef the Tvasasn (as. sa ex taa tPrta piapaied by a firm ef Certified "ne isaiwaisais efl 1. rina aa steak aad Bnad Una. actMwja. it writuw as win ; and sBsaii form. S.eatxated with aaatry asmetfie riasapias. tt vOJ be Bwaad as a in i iiinat ante! auw - aad wtB alee aachsde arvecal aesas of tm It t tk book Inverters aave ' vraated for years aad era wrUl be ssaaaed tm atad 1sTttri ; or trader a oeyy wit beat east McCall. Riley & Co. t t X .- t r of Xew fork . t .staeaila: raoed tor the pwjpcae of the - est - of Broadway, recently 20 Brod SL, New York , aid to tb btacada Stat Beak, it I only bid 'wS'-."- i