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