18
SPECIALTY SHARES SH OW
ELECTRIC GOES TO
HEW HIGH POINT
I Wall hMt Jowmal flaaartal aVrriew.)
Kew Turk. Jan. 1 (C. t.) fcell Booty
saaia aM ap to par cat, which
mi I esse aaffiac of atarfi oa the Kew Tar
eiraaae today. bat th list aot week
M anf tuae. ' Tea reaeuoa hi the
dM sot linn arrr polrt aad did sot
tiara adreaoee ia unbar f
aasrialtloa.
Onlf Btstas Steel waa arala tha Mar per
fnrmer with aa adrane ef erer 11 potnu aad
mmMtiu a ma am withest laterraprioa a(
we point f ran tha lav pries of laat week.
Xa ernianatkaa ans fat haaa Biade at tha adeaaee
to thie Mara, althoaaa It la probably dae to
harMia lor eeaupL Dow-Jonas aad company
baa already pointed ant that oooirol of thia
enaspeay liaa hi tha opaaj atarket aa tha result
at etptrebna of tha rotina treat sums week ea-o.
t'a aatil tha time that raff sooner waa ruo
a to ya aaat tha raila ae tndieattoae M"
was the laaaar. aad at Ha beat price ehowsd a
romery of abent potato Ires tha recent low.
Tha aaarkat ctoaad Irreewlar.
' WaU St. Jewmal rwtanrial Reetow)
Kew tor. Jaa. U. P-Tbo markrt
wan tathaf eniet dunna early tradls aad than
waa MUla eheaes. la prices. New Ha eeav
Wiaiil to hwd Vnwer priced raila and made
ah aarly abfh at 11, ap .
la tha todaatrut froup. General Klectrte
a-ada a aaw harh aa tha asoet at 144. op
. aad ewetpannaj with tha low laat yaar of
America VTooioa waa still stroaf
and tha epvatna sale af 14 waa wtthJa w
af Wnlrisaissy Bth. Utaal Coasnsoa waa off
at V aad Crwible waa aff A at Aw
(wK atataa Siarl aaada a aaw kit aa tha
Bare at ! H, ap S a aot.
bnth thewller and ItndeBaker raertnl orar a
paint. auU. with lha aimotina oi MidreJc
and OoK -.eta, aoldSff fractionally, tlulf
ate' reauaoa sud a Bow hih aa tha mora
sfairo ap naarty JS potau froa laat waak'a
tw. T aha ana wara flraa and lUCail Btoraa cot
tola now blah (mond en tha nova abora SS
Htoaha that bad baaa raaationary raJUad. Tha
any aoanath af ttalf Mutca atoai aad Baplocla
f'nally aatandad to tha othar atoala and afklraJi
abwa II. a aaw hb oa tha man and
aaprta wMh a too U 1921 of J I.
la rarw af tha taat that hna haa aarar
uaaa lit la lUpinala otaal'a faraaoaa, tha aharp
Tar ap to tha atnck la bard to amount for.
apanailtiaa war raafarad. Mlt-t'-- Shirt
.dnptinawd Ita hlh lor tha avrra at It and
riaata-Paahadr advaarad oaa I noinia la ilk
AaMalaiad lnoada aaada a aaw high aa tha
aaaaa at II S. Iat yaar waa tha meat
praaparwaa aa tha klAoa of. tha la t tar eoaapaay
alth tha pooubla aierptloa of 111.
la othar aaetlnna af the Mat a raafltionarji
toaa waa dlapiayad. Thai waa partiuUrlr trua
of aaaaoea, wnara Stwdabakar and Chaadler
ywjdad part af thMr aeina.
1011105 G0TRRMC5T BOXDS
raraiahad by Oaarhark Cooka Co.
HI.L
Aak.
70
7S
107
10
91
104
81
87
R
9
IS
84
96 H
97
98
98
96
101
11 -
108
107
74
It
04 H
95 H
100
4
1
6
1
H
7
6
8
7
84
78
88
110
19
4
19
97
11SH
100
100
98 H
B'lttaa Ttaat. a
Meieiaa friaa. le . .
Heiaava 1 a. 1941
Kxlaiaa Be, 1141 ...
7
74
107H
10 H
91 S
104 H
17
M
14
97
It
Si
99 H
97
99 H
97
94 H
101 H
9
neiaiaa aa, 19 JI . . ,
ftinatt Aa, lit I
Kntiala 1923 .
Rrtttah fa. 1921 . . .
Briu S 127
haialh 91. at.
Krltta Kef. 4a ....
fterdeeat . 1914 .
l aaadtaa Be, 1917 .
' faaadiaa la, 192 .
I'anadiaa Ilka. 1129
Canadiaa la. 1911 .
Canadian IHa. 193T
I kllaaa It, 1941. e.
Kmaat la.
1041 108
Iaa. Uani. I. -104
106 H
7
10
8 H
3S
100
1
4H
I
ft
H
H
9
S3
71
ITH
81 H
109
IT
1
17
H
na
100
100
98
Preach aa, 1930 .
rraaob 4v HIT . .
tear la, 1911 . .
reaarh THa, 1941
rraaeb Sa, .1941 .
Carman W. I la .
Herna 4a
Haaibwra 4a
Hamburg 4 S . . .
lanrnig 4 Hi . . . . .
Lebxig la . .-
Mtink-h 4a
liualrh la .......
rrankfort 4a
Italian la. 1911 ...
Jap 4a, 1911
Jap lat (Hi. 1921
. Jap 4d 4bl, 1931
Norway la. 140 .
Rnaaiaa IHh 1921
Hua.Ua a. 1921
Mwaawa IHl. 119
Bwtaa I Ha. 1929 .
wwa la. 1940 . . .
V. K. I Ha. 1923 .
I'. K. I Ha, 1.'
I. IL I He. I9ST
ft HO IT TERV RECVRITIF9
(Taro (abed by ITark. Kendall ak Co.)
' PTioe.
Aav Trt. Tel. 6a. October. 1922 100 H
Am. Tel. at Tel 6a. rebruary. 1934.. 101
Am, Tel. Tal. 6a, Aogaat. 1925.... Ill
Anaceada Coo. 6a. Jannan. 1 ua . . . 1 ni at
lAnaeonda Cop. 7a. Jannary. 1929 98
Arm.nir Conf. 7a. J all 1980 102.
K-laian f)ae. 6a, January. 1931 95
Heih. Mtaal 7v Jaiy. 1922 100
hth. Mieel t. July, 1921 100
-l aaadle I.. April. i2ll 7
i inadlan la. October. 191 1 97
t'nt. Kip. Amor. Hi, K.bruary, 1923.. 100
t'ua. Kp. Amoe. la, I'abroary, I92S.. 191
Coax Kap.' Amor. It. Kebraary. 1924.. 102
('no. Rip, Amor, le, Kebraary, 1923.. 194
Cndahy Varklag Ta. Jnhr. 192S -100
Jan. kirat KiU 4 Ha. rebraarr. 1923.. 87
Jan. I .Bund 4 Ha. July. 1923 96
houthweaaern ). TaL Ta, April, 1925. 101
undard tnl ef New York Ta, Jaa., 191 110
harlft a Co. Ta. Ortober. 1915 102
V. n. Rnhawr Ta, iMeeaaber. 1931 101
l S, llubbey THa. Auguat. 1930 103
. J YOK11US BXrHAKUR RATES .
,reated daily by the leralgn eachange de-
panmern of tne 1 aileo Plata National batik.
W'intaikiaa below lexrept tha poaad atarNng)
are tooted eB lha baata at 100 anite foreign
atirrtavy. .
Opening aoeainal ratea oa bank traTuartiooa:
ran t aula I'ar
Checka Tranaf era. V aine
. triaa
ltk Marling .
faiie rraaea. .
Reriat Marka. .
Kant Lire
, Athene ,
teraehaiaa . . .
Cexenhaeaa
Rnmee ......
t'hrMlania
Mia. thelaa--'
Krone, , . . , .
iioneatme
t Train 1 . . .
Japan Yen . . .
' ftiieuahal Teed.
. 4.33 I 4 33
9-19 8.20
.83 .53
4 17 4.31
I 4 816
19.30
21 81
19 SO
19.10
21 70
26.70
26.70
4.40
20.00
13.63
: 90
38 i
4T.80
4.43,
50 0 J
13. TO
24.93
3VT3
4T 53
T3.00
73.10
t aaadiaa duller, diereaat T per cent.
FACIrlC CO ART HAK RTATKJIKUT
rveiTvaaB rirri
ii'i
191.
flaarlnBi Mr-iay.. I.T03.4T8
6.026.150
1.623.T98
5.504. lii
Relanaaa Mnn4a,
1.401. TM
i iihi Tamuy. .
Raieneaa Twaaday . .
t'tarlnaa Wednesday
rmJaanee Hednaaday
lear.naa Tbanday.
Rawnm T handay .
4. 149. 136
I.2K1.6II
4. 111. Oil
hl.62T
4. 161. TIT
193.839
I JT1.54
3.169.909
I.4U.943
4.A84.44T
393.303
, aoatth) Rank!
rVmrtaaa Tkamrlay
Ramaeaa Tharedar .....,....
Taaaena Raeka
Taaraday beak tmnaaoUaaM
. t-aa Amaaeaa Raeka
t 1.830.119
' 1.I3I.89S
I 3.106.333
vnmnnenj Tea
313.306.381
riearkagi , The rariar
..123.209.000
.3 1.866.496
Oeariao Tawnday
i," Moaer aad Kiehaage
rmn. rraeraoa. Jaa ib.-ii. k at r.n
avaet m tk Am w v w
iT toS,'rl,'ai,..3f T?,
eat: hi.
4t. eeatr lew. 4 S
TtsnstaS) tsr9SaeaTJ
. aaaawtr. laaasa
4 144 raw cent,
msriaatiie aatwt waa
T aaaraes lor
,ail awmew to Ian4na today waa t per
rl:..ATr "ch,nr. h tamtaas.
, -" nw lj
! Tanst Lena Aaswclattoa r.torta
, Jaa. 19 Tea CarroOa rarm
nsi amartaowa eemsjWssd a eery ssawwaaful
rwae that emek. Sight new aaemkwrs were adaed.
b-hapaw ana total to SI, wlta $. to toanl
I'""" eiertod fee the eaaaing year aeT John
l"!: lwl. PW; N. T W rtabt kT.
lama Rirer. eww twwaiSwnl: IL II lfih.k.11
' nnarew lasmBm . and
rase. eUr-tsero, ,
I
- . rerefta Ekehaatra Market
S Tark. Jan. a.,r, ri llraun.
starting apenral ssmay at 4.52 ; franca. BaSaV
line. .411 Si mark..
TImi llaa emeaal steady. -
lKMnand sasrhwg. $4 55; franca. .$$n V
tirae. .0447,; gaarka, .OOSllti ansaaaj .3,19.
ARMOUR REPORTS
LOSS OF MILLIONS
Chicago, Jaa. II (L R. S.) EoMrrin
froai a year of financial dapraaiiaai. dariac
wbieh loaiua javmntad iato wining, and tonal
of which waa aorer known rm the hietory of
the mnnaaj, Anaoor O: Co. rraat the new
year eontidrnt of a tnra to the better, aooord
m to the anaaal report of Proadeat J. Of dan
Armour.
Loam HinaiBed by tha Annoar it Col pack
In aad allied indoatrice dnrinc tha Taar hiat
paaaad aarrrnlad lll.709.817.S2. acconUn to
m niui oi rronaeDt Aiaosr. Taat of
rieiala of th eoapaar look for better tfatoci
darinaT tha eorrant rear i awldancad ia Anaoor'a
MataaMBt that "with loaaaa eoeipletely written
eft. aad wtoh .ionntories at current mark at
Taioca. thate ito eatry reaaoa for lookinc to bet
ter tiBkM."
Farther Uqjnidatloa of prioav. one of the chief
factora ia the baatnaaa depreaaioa, accordinc to
wo armour i lutemtnt, ia "anwarranted aad
hardly probable." Adjustment of ouentiBt coata
h the paokinc induatry naa beea brouht about
iradaailjr unta TWtoaily the normal atataa pre
raila, and thia. the report fart ioa tea, wiQ find
muoo in 'toe rrnaoiutaaoDV or the m
d lurry (eaeraQy.
Straaa ia laid upon the (act that the greatest
kama aoffered were con fiord to the by-prodoeta
wiuainea. nioer uun tAe meat Industrjr itaeu.
la normal tiaun. the report aarrrta. the in
daatriaa am tonaidered the "aafecuarda" of the
packina indoatnr. In one af tluaa hramJ in.
daatriaa, the Armour fertiliser company, lniaia
ujv jmj lunaiev. ant ana one quarter ml
llooe mora than 25 per cent of the total loae
the report atatea.
aad or tUDiliratioD of fortica ezehutc k
nran empbaa. Uaga louea ta the industry
unxu ieqwi wm monetary instability, the :
port anaerta.
That the eoanpanj. depite tta beary loaaea, a
wen prrparea to enter upon the new era, it
rridnxvd. the report atatea in the f-t h
faae of theaei kauo, reanlar qaartrrly drridrnda
nae nean pua on i-reierred (tock at the rate
of 7 per rent), and that on December 29. 1920.
a dividend of S2.00O.000 waa declared and paid
on, no mm on atonk. "Conditions do aot warrant
inner ainaena on common atock, the re
port ao-ia.
i out aaaeu of the eompany are (irea at
9u.se.Z7f as. Da rim lgJl the total
volume af Ibnaineaa done by the company
wvwufccw w ovv,vw,wu, ua report anowa.
Huge Value of
Bonds Untaxable;
Payment Is Asked
Washington. Jan. 19. (T. X. S.) The
enr.nnooa mm or iso.ouo.uoo.090 in non
taxable bond, is now held br I tires ton throneh.
out tha United States, on which tha holders are
n4 paying a penny of taxes, according to 1
statement made before the house ways and means
oooiminee tooay oy ifr. rL A. Seligman. pro-
n pwini economy at (.olumbia nni-
reraity.
oainnis aarocatea supping the prao-
un vi muai non-iaxaoie aecnnuea, bat said
the government should not direst itself of the
right to do so. because sn emergency might
arise that would make such kwoaace adriaable.
Union County Road
Bonds Are Offered
A number of Portland inrastment henaea aea
today offering their rartici nation in the 1400 .
000 Union oounty, Oregon. 5 per cent road
boiida.
The kama is in denominations ef 11 000 anri
will be dated January 15, 1922, maturing
serially from January 15, 192T. to 1936. The
dodos are neuig oflered oa a basis to yield S
per cent.
The bonds are issued to pro ride funds for
highway construction and are a direct general
Obligation Of the counte. Ther era nnnrtri h
sa ad Talornn-'tal on all the taxable property
TUe county present an attractive financial
ttatesient. U'he aaresaed Taluatioa- is giren at
936.416.531, while the . total bonded indebted
Baas, including this new issue, is 8800,000.
SEW YORK BOND MARKET
rurnisbed by Orerbeck. & Cooke Co.
But
Ask.
89
79
93
89
62
'81
90
26
8T
91
101
85
flit
97
88
86
90
72
94
94
101
102
104
103
101
46
98
103
102
108
99
107
107
105
Atchison Gen. 4s 89
Bex At Ohio Gold 4s 7
Beth. Steel Ref. 5s 02
Cent, rfcc let 4s 84
Ht. Paul Oen.
62
Chicago N. W. Gen. 4s
84
88
'26
87
90
100
85
90
89
90
88
85
89 Tk
U N. Unit 4s
New York Ky. 5s
Northern Psc. P. L. 4s .
I'nion Pac. 1st 4s
V. 8. Bteel 3s
Union Pac. list Ref. 5s
Southern Pea. Conr. 5a .
Southern Pac. Cenr. 4s
Penna. Conr. 4s
Penna. 1st 4 s
Ches, at Ohio Conr. Is .
Ore. 6hort Una 4s
Allied Packers. 8 69
Am. Can Tst'
90
Am. Cotton Oil 6s. 1924..
Am. Tobacco Ts. 1922 . . .
Anaconda Tel. 1929
Anglo-Am. Oil 7s. 1925
94
101
101
103
102
100
46
97
103
100
104
98
106
10T
105
Armour Ts. 1930
Cudahy Pack. Ta. 1923 . . .
Uen. Klec. Deb. 5s 1952 .
(ioodrich- 7s, 1925
Keaneeott Cop, 7s, 1930 .
Pae. Uas aV Klec 7i. 1925.
Pac. Fruit Knr. 7e
Sears-Roebuck Ts, 102T...
Btan. oil I at. 7s. 1V31 . .
Wastinghouse Ts. 1931 ...
Weet. Klec. It, 1925
STANDARD Oil. STOCKS
t'umethed by Orerbeck, Cooke company:
Bid.
Ask.
Anglo .......
17
173
106
80
40
105'
100
168
89
92
272
18,
i'lieeaebrnugb
185
110
83
42
107
ins
173
90
96
276
18
83
190
do pld. . . . .
Eureka .
Gslena com. . ,
do new pfd.
do new pfd.
niinoi Pipe . .
Indiana Pipe . ,
Northern Pipe
Ohio Oil . . .
Inn. 3lex.
16
Southern Pipe ' Rl
South Pean. Oil 183
S. O. California 94
S. O. lnd. 86
S. O. Kansas 563
8. O. Kentucky 4 40
O. N. Vj 863
a O. Ohio 383
do pfd. 114
O 177
8 O. .Nebraska J 65
580
450
367
395
113
CHKHAI.IS CONCERN TURNS
OI T 4'IT-TO-ORDER HOC KES
. Chehahe. Wash.. Jan. 19. OI K. Palmer.
bead of the Palmer Lumber A Manufacturing
nwjaj. wt mm city, wnicn organiaation man-
aiwcwae rwauy-eui nooses tot uw troraan-1 an
1 1 company of Hereupon. Iowa, announce
that eoaspaay is arranging to handle orders
far than- products from Washington. Oregon.
Idaho and Netaila, direct from the local .plant,
inatead of through the parent company af hero-
mtorr. lie local company will, alao put in
fompsrte stock of house seceasorias. Catalogwes.
"w mnmu wnicn win ne seat wun in
qairtea for cat-to-order hosne catalogues. The
eumpany will handle a large aaaortment of ar
evaaonea witlh -wbk-ii to make the house more
roneeaient and eompleU ia details. The coaa-?!.B7-.r?"B,,T
lncraaed its capital atock- from
SJ0.OQ4 to $30,000. Mr. Palmer atatea that
the outlook ia his bne for the coming year is
rery bright. ; "S
fetalo KhlaaieBU Larva la I daaa
Nampa. Idsha. Jan. 19. According to the
buraaa 4 saarkets m Boise. 7827 ears of pnta-
? I . anipcwo irom . adaho to (
during the prerloa,
"are eeea entoned na Id.k. n a.
NEW INCORPORATIONS
Salem. Jsa 19.The Iawer Columbia Cairy
tSlZSll '"T". ''rtrr. in Astoria,
tiled artieieS ef Incorporation wnh tha ataxa de
Partasrat herw Wrdneaday. The m ail urn m
sVherT aSamwPrTLra0 Mnnl
V?. V?r d Wediassday Kr
a company . PonJand. $50.0:
AL- Cans. U. IL SabsbBry aad H. a
ala'nlTh'aI-A,r',? ''o.. Portland.
11 9.090; Arthur A. tioldaauth, Clara Saasawn
and Leonard Fwh.1 oaasasers
neLTri2rA'-.,ii? V ,:urt Comrtroction
aosaoany of Ataria -hows aa ini line to r.
toliaatioa from 350 000 to "iOOMmT
J-5T.J"or"" TnaJi cosapany filed a
.0.90'to0,oo,0 "
- asisuag camps sj af Pott-
WaAXL street
Furnished by Orerbedc aV Cooka
1 STOCKS I High- Low. Bid.
400iAdaaaa Era
34 58 1 63 j
11 10 11
81 30 81
56 66
14 13 14
39 58 58
43 42 42
92 92 91
86 84 34
39 39 38
34 83 83
146 146 145
115 US 118
21 21 21
43 42 42
3 5 S
14 13 13
63 61 61
86 83 84
42 40 40
81 31 31
58 68 - 58
107 103 105
..... ....w 113
4 4 4
9
48 47 . 47
91 91 91
na
si 32 82
63 62 62
944 94 94
38- 32 38
118 117 117
133 131 181
129 128 128
' 84 82 82
104 104 103
23 23 23
14 13 14
49 49 49
100
. 98 97 97
86 8 86
30 9 29
98 96 97
105
35 34 84
54 4 54 54
. 59 68 58
8 T 6
9 9 9
6 5 5
25 24 23
. 116 116 116
. 11 11 11
, 71 71 70
48 47 47
. 86 86 86
, 126 124 125
32 82 32
. 34 84 34
. 69 58 59
. 65 63 64
6 6 6
. 16 16 16
. 17 17 17
. 28 28 28
. 19 19 19
. 32 81 31
. 43 43 43
. 57 .56 56
. 29 '25 27
. 40 - 39 39
. 69 67 67
1 1 1
. 93 93 93
47
s 19
. 98 97 98
113
. 34 33 83
. 32 31 32
. 88 87 86
. 74 74 73
. .59 58 59
. 80 80 80
9 8 I
. 19 18 18
. 17 16 16
. 21 21 108
. 21 21 20
. 114 114 113
. 55 53 54
. 81 80 80
9 9 9
. 13 13 13
9 9 8
. 83 81 82
10
. 40 39 39
. 12 12 12
. 72 73 72
. 144 140 141
9 8 8
. 48 45 47
. 69 67 58
- 38 37 37
12
- 29 29 29
. 31 31 31
. 74 73 73
27
- 85 66 83
- 83 83 83
. 74 73 74
14 13 18
. 102 102 101
40 39) 89
8 I 8 I 8
-1 33 I 33 I 33
.( 1I 1 1
5 4J 4
5 6
- 83 83 83
104
- 14 14 13
66 64 65
' 6 OO I Ad ranee aas. . . .
TOO AgT. Cheat v
100 da pfd. ......
SOOOjAjax Bubber. . . . ,
4 00 .Alaska Gold ....
. .. Alaska Jaaaaa...
S800 Allied Cheat
3000 AOia-Chalsaera ...
400 do pfd.
1300 Abb. Beet Sugar. .
1400 Aav Bosch
2600 Am. Can Co
da pfd.
lOO.Am. Car Fdy. .
100 do pfd.
400 An. Cot. oa..,.
300 do pfd.
1 00 Am. Drag 8 rod. .
3100 Am. Bide A L...
800 do pfd. ......
2800 Am. Ice .......
'.4400HAm. Int. Carp...
60O Am. 1 rnserd
300 do Pfd.
300 Am. Loco
. . . . . do pfd.
SOOiAm. SAL Bxsor. .
8300 Am. Ship At Com.
6800 Am. Smeiter
200 do pfd.
Am. Snuff .
300 Am. 8teel Fdy...
9200 Am. 8ugar
500 do pfd.
2100 Am. Sumatra
300Am. TeL A Tel. .
2400Am. Tobacco
600 do "B"
eiOO.Am. Wool . . . . .
100 do pfd.
600 Aav W. P. pfd.
1200 Am. Zinc
4600!Anaoooda .......
lAssd. OU
2700 Atchison
400 do pfd.
1300 AO. Golf A W. 1
10100 Baldwin Loco. . . .
do pfd.
1000 BaJto. Ac Ohio . . .
100 do pfd.
50OOBeth. Steel "B" . .
900 Booth Fish
4 300 B. B, T
lOOjBQtte C. . Z.
400 Butte A Sup. . . .
400 Burns Bros.
100 Caddo Oil
500 r.aJ. Packing
600 Cai Pet
100 do pfd. .-
4000 Canadian Psc. . . .
3900 Can. Leather . . . .
1200 Cerro da Pasco ..
9900 Chandler Motor . .
7900 Chicago AN. W. .
SOOChgo. Gt W
100 do pfd. .
7900 Chili Cop. ,
2000 Chino
2200 a hi. St. P
1500 do. pfd.
8600 Coco Cohv
700 C.
3200 Colo. f. t ...
600 Colo. Southein . . .
8900 CoL Gas A Eke
' 2300 Columbia Graph. .
1800 Con. Gas . .
IConO. Can
Cities 8er.
4000LCorn Prod,
r j
Bankers
WJ tn's
2100 Coaden OU . . .
1400 C B. L P.
100 do "A" pfd
400 do "B" pfd
7600 Crucible
800 do . pfd.
2800jCnba Cane
51001 do mVL
6700 Cuban Am. Sugar.
100 DeL aV Hudson. .
200 Dome Mines ,
600 DeL at Lack
900 Darison Chem. . .
2700 Endicott Johnson ,
1700 Erie
800 do 1st pfd. . . .
,1400 do 2d pfd. . .
7 000! Famous Players.
Fed. H. Smelt.
1100
1200
100
400
1500
8400
7200
1100
do pfd.
Fisk Tire
IGaston Wms. . . .
Gen. Cigars ...
Gen. Bee.
Gen. Motor' . . .
Glen Alden
Gen. Asphalt . .
Goodrich
Goodyear
Granby
400
400
Great Nor. Ore .
do pfd
500
lOreene Penan
89700!Gnlf S. Steel. . .
1000 Ha-ik Barker . . .
300 Houston Oil
4000 Hupp Motor . . .
lOOm Cent
2100 Inspiration
zwu int. Agr. Corp., c.
1001 do pfd. . . .
1600 Interboro .
1 900 do pfd. . . . .
OOOiInfentUto Callahan
000 int Harr.
.... do pfd.
1000,Int Merc
8300 do pfd.
BOSTON COPPER SHARES
(Bejiorted by Orerbeck & Cooke Co.)
Bid
Ask
Bid.
Ask.
Aria. Com.
8
50
62
27
2
13
- 9
80
63
28
3
18
5
59
279
18
10
44
7
2
11
o
8
2i
Mohawk . .
M. O. Col.
56
3
1
13
6
24
2
45
15
24
44
1
37
26
3
2
8
2
70
1
2
32
1
40
10
33
57
3
1
13
8
23
2
46
13
24
45
1
38
26
5
3
9
2
75
1
3
22
1
50
11
50
Adventure
Ah meek. .
AUouez. .
Mas. Tel..
tN. Butte. .
NiDusina. .
Arcadian .
Ring. Mas.
O. D. Cod.
Ha is ails.
Cal.AArlf
iflbiiawa .
58
Quin.Mne
CaLAHec.277
Pond Creek
New Corn 18
Isle Royal
Centennial
Con. Rue.
ft v.
3. Lake. .
8up. Boston
U. Sh-Mch.
43
6
2
11
1
2
2
40
83
1
3
2
1
1
2
DarisDaiy
Iaiy W est
do md .
K. Butte.
Prank. Mn.
IS. Utah. . .
Sup. Cop. .
Shattnek. .
Hancock.
Melrerja .
Trm IVin
Indiana..
75
86
1
3
2
2
3
fTuolumme
IsL Cseek
Keewanaw
Kerr Lake
I t Metala
Utah Ami
Tentiira . .
I Ske Cop.
Victoria. . .
1 Kalhi. .
Winona. .
Michigan .
W oWerine
I on.
Wyandott.
Cobarf Bank Elects " .
Conors. tr.. Jan. 19 Stockholders of
State Bank of Coburg elected the following
the
new
airectora for the ensuinc rear: Effi. V ri
nfj F 1X- E. R. Payne. A. I. Tyler!
Clinton Hurt. John W. Flick. Mrs. Elizabeth
Flick. E. J. Willongfaby and Lee Smith.
We Recommrsd for larestmrBt
Marion County, Or.
Road 5 Bonds
Due July 15, 1930.
T I ELDING ABOUT 4J7e
Union County, Or.
5V4 Road Bonds
Due January 15. 1927-36
PRICE TO YIELD 1
Ctrculaxs on .request for OJ
The National City
Company
Offices in more than fcO cities.
Te Bldg Portlaad. Or.
TelrpboBe .Mala C$72
Stocka, gkmaU, Cotton. Grain. Etc.
316-317 Board of TratU tWdim .
DIRECT PRIVATE WIRES
TO ALL EXCHANGES
- Meaiaara Cawaaa Board of Traaa --
Carrcgpeaaeau of Lag-aa Bryaa
Ckkaca Saw Tark
erbeck&CookeCo
THE OREGON DAILY: JOURNAL, PORTLAND, OREGON
MARK IN THURSDAY TRADRl
quotations
Co, Board of Trad Bull dine;
Bolea. STOCKS
tttra.1 Lew. 1 Buk
, 12 12 13
48 47 4T
15 15 IS
3 2
12 12 13
23 23 23
53 54 54
88 37 37
28 2T 2T
1T 16 16
48 47 4T
28 28 28
60 59 59
148 148 14T
13 18 13.
114 114 112
73 75 75
I 24 24 24
108 108 108
113 111 112
27 27 27
12 12 12
31 30 80
8 8 8
25 23 25
68 68 67
14 14 14
17 16 16
46 46 - 45
5i'" '56 51
131 131 131
87 85 8
92 92 92
15 15 15
16 15 15
99 99 99
78 77 77
28 25 27
61 60 60
75 74 74
2 2 2
5
22 21 21
12 11 11
8 8 8
65 65 65
35 33 34
.46 45 45
52 51 52
4T 46 46
34 33 83
69 6T 89
21 20 20
36 35 35
31 30 80
17 15 15
10 9 9
61 61 61
25 25 25
76 76 76
64 64 64
112 110 111
15 14 14
74 73 74
26
31 29 81
55 63 53
86
T
51 50 50
98 98 96
179 177 177
63 62 62
8 8 8
37 37 36
20 20 20
86
41 40 40
82 81 81
18 19 18
95 94 94
23 22 , 21
41 40 . 89
88 87 87
101 100 100
10 10 10
45 45 45
26 26 26
25 24 24
65 64 64
10 9 9
20 19 19
130 129 129
28 27- 27
70 70 70
8 8 8
125 124 124
8
69 69 69
55 54 55
44 43 43
55 54 53
100 100 99
85 84 84
117 117 117
64 63 63
28 28 28
67
34 32 33
6 6 6
6 6 6
20 20 20
13
83 82 82
16
92 91 91
51 50 50
8 8 8
40 38 38
5 5 6
29 28 29
32 31 31
141 141 140
46 46 48
. 7 7 7
(- 9 8 8
1800'Int Nickel
ISwOIax, Paper
I do pfd.
8700fTnTBaola Oil ....
600 Island 00
11 OO Jewel Tea
C- Southern. . ,
300 K. a Son. pfd...
1800 Kelly-Spcfld
1800'Keonecott
4200 Keystone Tire. . . .
8800;Lck. Steel
100 Lea Tire ...
SSOOjLehigh T alley. , . . .
lOOiLorlUard
700jLowe Theatres
200 U At N. ,
' 100!Maefcay
ioxartaBd Oil
300
13600
iMay Dept. Stores.
iMex. Pet
fiOnikfiami
6800 MWvUe Saaa
Oil.
14100Midrale Steel
100 M. K. at T. "Wi". .
10O do pfd "Wi". . . .
TOO Moot Power
1300 Mont Ward
900 Ma. Pacific
600 do pfd.
IM-StP S.S.M..
3800(Xor. Am.
100 Nat Biscuit
S900,Nat
Enamel. . . . . .
400
1200
22100
Nat Lead
Nevada Con.
.New Haren
600
Norfolk At W.
2400 Nor. Pacific
2500 Nora Scotia Steel.
400 N. T. Air Brake. .
3900 N. T. Central
800 Okie, Prod ref
. . . . . Ontario Silver . . .
2O0' Ontario at W .... .
2300 Otis Steel
600 Paosfie Dev. ....
SOOjPae. Gas aV Eleo. .
osuoirvnta Aiiegre . . .
5700
Pacific Oil
2600
400
3200
5100
Pan. Am. Pet. .
do B nfd.
Penna.
Poo. Gaa
4O0
Pere Marquette
UOOiPure Oil ...
1 OAA,nt:m .
1800
6300
PhillhM Pete
Pteree-Arrow . . .
Pierce Oil
Pitts Coal
Pita Jt West Ta.
11200
.400
400
300
200
2900
1400
7500
do pfd. .....
Pressed Steel Cat
Pullman
Ray Cons
Reading
Remington
Replogle Steel ..
Republic 18..
I do pfd. ......
Bep. Motors . . .
Koral Dutch Oil
9300
4400
2900
600
iBy. Steel Spg. . .
; Stand. Oil. N. J.
Sears Roebuck . .
700
1300
1000
600
2600
1500
6200
1300
Shattnek. Aria. .
Shell T. et T. . .
Sinclair
Stand. Oil Ind.. .
Sloan Shef
Son. Pacific . . .
Sou. Bi
800)8tand. Oil Cal. .
200 ist 1. av n a-
500Stromberg Caxb. '
23700
stndeoaker ....
Swift A: Co
800
7000
1400
1300
600
3600
1000
500
2800
Tenn. Con aV Hum
Texas OU
ITexaa Psc.
Tex. Pac. C. at O.
ITnhaemt Prtwt
Transcontinental Oil
Union OU Del. . . .
Union Pacific
United Alloa
200
United Drug
lUnited Food Prod. .
600
400
United Fruit
United Rd.t of N J
100
Union B. 4 P. . . .
5000
9700
8700
United Hetail Rbmu
U. S. Ind. Alcohol.
U. S, Bub
200
da 1st nf d
TJ. S. Smelting. . . .
U. S. Steel
18500
400
do Tifd . . .
2800
Utah Himut
lOOjVa. Chem
do Dtd.
25000
Vanadium Steel
TOOiViTandoo
300 Wsbnsh
800 do A pfd . . .
do B pfd . . .
500 Wells Fsrgo . .
Western Pac . . .
600 Western Union .
500 West-h'se E. 4c
200 West Mr.
1000 White Motors..
1100 Willys-Ore rlsnd
400 do pfd.
400 Wilnon Packing .
100 Wooiworth
1100 Worth. Pump..
600IW. oV L. E
1200 White Oil ....
' Total sales
314.747,000.
stocks, 789,000 shares; bonds,
LIBERTY BOS
SALES
Reported by Orerbeck it
' Open
Liberty. 3s 9754
Liberty. 1st 4s
Cooke Co.
High. Low.
$760 9720
Close.
9720
9770
9746
9780
Liberty, 2d 4 s. . 9764 9768
Liberty. 1st 4s. 9798 9798
Liberty. 2d 4 s. . 9764 6768
Liberty, 3d 4s. 9794 9796
Liberty. 4th 4s. 9776 9776
Victory. 4s 10014 10016
Victory. 3s ...10016 10016
9742
9776
6742
9756
9756
10012
10012
6746
9792
9760
10014
10014
Kew Boad and Mortgage Company
"f0- J" , 19 Articles of incorpo
rT.5 hfTetm Md at Boise by the Childs
325 000 company, capitalised.
Tliere is, and has been for some time, a decided
tendency in the bond market toward a raise in
price and a decrease in yields. This condition
will, in all probability, continue. We advise in
vestment in such securities as are herewith listed.
Invest Now for Future Profit
and Assured High Yields
54 General Obligation
Road Bonds
Union County, Ore
Dated Jan. 15, 1922
Due Serially, 1927-36
Den. $1000
Morrow County 5.V&S. . .
Wallowa. County 5V2s
6 General Obligation
Improvement Bonds
CITY OF
Dated Oct. 1, 1921
Optional after Oct; 1, 1921
Den. $1000
The prices of good bonxls are' advancing and the yields
are decreasing. This movement has been under way for
months and undoubtedly will continue until prices have
progressed to normal levels.
Broadway
POTATO MARKET
REPORTED DULL
San
Fnweipco.
Jan. 19 Condi tiona ia the
potato
hieh In wiieMjiMieea On. W.
taken into coOTtdcrstlon is tha lam amcant
poor and medium stock oa tha market
Detroit Jan. 19. Between Sn ant an
east of tha last potato crop at still : hs the
fcaada of growers. The market ia dnO, wita
pneaa ranging from 31.20 to 31-30 a hundred
poanda with few offerings.
Pittebnrg. Jan. 19. White potatoes are
nrm, with the New York product bringing $3.50
'-we a wes ana suemgaa taoera (3.40
(3.50.
MACHINERY
Kew Orleans T l a ff.u. . ,.11 - 1
unptemeata are en the increase in thai section.
Last year most of the buying waa of parte for
"Jan. Now new machinery being bought
The favorable planting season ta the sugar belt
started tha reriral of
OIL
New York. Jan. IB a ,
eruda oil baa slackened as a result af a faffing
Off in OOaStnnDtioB nf Twf1nadnmdn
and gasolme dunng the winter aiontha.
AUTOMOBILE, WHEELS '
Phnt, Mich.. Jan. 19. The imn.i m. 1
eompany haa recasred orders for 75.000 seta
of antomobUa wheeb and will resume production
at once on a foil tit ai. t .
uujv mil a.
Motor XVhml rnrramHn. . : , ,
. . , .n h ."j aaa 00-
tamed orders for steel automobile wheea amount
ing to $100,000.
MEAT PRODUCTS
rhjtroit Jan. 19. Packing boose product are
pPfcnfcfol that the market is almost lifeless.
Best cots of meat are selling at retail all
the way from 18 to 65 cents a pound.
COAL AND COKE
ConneTlsTflle, Pa.. Jan. 19. Sted furnaces
wnlcn denevift nn rAnn.ii.li. . .
- - ' "iw vvena lor coge
"J?4 ' closed for their requirements
. " "1 at prices ranting from
$3.25 to $3.50 per ton.
CROCKERY
Seattle. Ian la a- j . .
nnes of crockery is making itself felt here and
pjvers from here hare been sent Bast and to
the Orient tn renleni.1. uJMl. 1 t
' ..... huvivow BHJVJAS. Ae
tauers also an short of these goods.
HIDES
Kansas fStv Jan 1 o T- 1 1
- wi luun me
neen traary and the demand i liK. u
COPPER
Onat FaTla Umt T. e m.. . .
. mm. 10. ua Anaconaa
Copper eompany is preparing to enlarge its
.WU. hePB whicn wai become Tirtnally
an American Brass company subsidiary, supplying
the Anaconda'a western trade with fabricated
copper products. .
STEEL
Pittshnre. Pa.. Jan 10 an -v .-n. -.
. , u.j sum mjjn ni
the West Pan 9,-1 . ... i r"".
. . . wiuMauy m oracsennoge
lU V. wimt,! Im nll . ml . .
bar mills are working part time.
New York, Jan. 19. The Sinclair th r 1--
" " iuul iiit nrnn n.inn a km
company, a subsidiary of Standard Oil. haa
ordered 20 miles of pipe and the General Petro
leum eompany has bought 12 miles of pipe.
FCRS
New York. Jan. 19. Pur manufacture
..-. uecii uuws a aiignuy increased business
this week due to annual sales snd to the re
moTaJ of tne ft-drj . r ...
also hare felt the increase in bnainaaa.
Rich Strike Made
Of Carbonate Ore
Spokane. Wash.. Jan. 19. Fire feet of car
bonate ore. principally lead oxide, waa nncorered
in the drift on the 300-foot lerel of the Look
out Mountain property, located near Kellogg, ac
cording to reports from, the mine. Thia makes
the third consecutire shoot of ore. found on
thia lerel. The drift had passed through 68 feet
of ore, areraging better than six feet in width
and has now entered a second shoot df oxides.
Crosscuts on the rein at this point hare been
extended 84 feet without locating either wall
estimates of the ore now exposed place values
at 60 per cent lead and 40 ounces of silrer.
Lumber Industry in
Healthy Condition
Chehalis Wssh.. Jan. 19. Aetirity of the
lumber industry of Willspa Harbor shows s
healthful trend and the total number of em
ployes engaged at the lumber, shingle and reneer
plants of WUlapa Hsrbor at present is 1091.
With the resumption of the Ek Shingle eompany
of South Bend, down at present on account of
the shortage of logs, employes win total -1887.
ALBANY REPORTS SHORTAGE
OF CATTLE, SHEEP ASD HOGS
Albany, Or.. Jan. 19.. The supply of cattle
sheep and hogs for butchering purposes is in
adequate to satisfy the demand in this section
of, the Willamette ralley, according to Dan
Johnston, secretary of the D. E. Nebergall
Meat company of Albany. Secretary Johnson
reported st the annual meeting of the com
pany's stockholders that 17,976 animals were
butchered by the company last year and that
sale were $814.963.72. . a substantial increase
in both items, over 1920. Officials elected by
the company are D. E. Nebergall. president; H.
L. Nebergall. rice president, and Dan Johnston,
secretary-treasurer.
Price to
Yield .
Tleld
....1929 5Vs
1932-34 5
PORTLAND
Due Oct. 1, 1931
Price to C
Yield. . . D
and Oak ;
aaaaeammamwgw jwaa.a. v . aaraa.
I ' ' aBagBgsaaBBaFWmamm
: . . 1 in iunu u I in - ; i
anson. Vacsmtuaa Tanrtmliili m l.. e 1 llllllll l.l llgl II IIIIB II
soarl Pacific beard ta star with
Ceat-
aiae rmaaiia aa board of Data
Uad-
Depsjlsseat of Setae, franc, aathorlaed to
fiim York; affariac expert ed in few 4ya
Twenty ladastriaat 81.90, avp .54.
Twaaty raila 76.86. ap .89.
Preaidemt WlBard of Baltimore Jt Ohio says
"Wthjag see. than 6 per ceat rexsnaannturuad
rwfjocswiV wauiaaV vinuil M
J an tncraased rol-
rwtet
aaani t- a . K
fa. M - ' . wi mep-
.rn.Ar."r ' rioaung Banana
w yraumoiy aaxx wees.
No change made tn bank rata at meeting of
board of New York Federal Reawrr. bant
Gonaany pays nparatiaa coramissioa $7,384.
l7 cat 1Ma 'MtUnMntt densaaorf
Twenty industriahi 82.33. ap .4$.
Twenfir raOa 76.58. up
.03.
. l5i'1T-r'm "J for 1921
to
. J1T .To1 derai Reserra back win with
nniT HrZ iS1 ",eber bn about 88.000.
222 f- Cnntod States deposits, making $22 -000.000
for the week. ai learing a blince m
deposit of $55,000,000. w 00
, Tsjria railroad annoenced that
M tT? February
JanuSry'la PWro" . - Dirwstora met
Amour aV Co. report cansa for optinus
Many reasona looking forward ta bettor times.
fFmi.a?" bd- Tear's toes $31.
709,817. Fall in prices blamed.
United States Will J''
banction Cuban Man
Washingtoa. Jan. 19. (L N. RV-The
F"1 wffl sanction a loan of $5.OO?000
LJtHL jorrernment by prirate AmesVan
bera. the state department today informed
Dr. Carioa Da Cespedee, the Cuban miruste?
Tta decision waa reached, it is understood, fol
lowir coBncaa by state dVipartmant officials
with Major-General Enoch Crowder. who has
Just returned from Harana, where he haa studied
Cuba's financial affairs. smkubo
Officers Are Elected
HoQuiam. Wash.. Jan. 19. AU officers and
HzHJ! , Lumbermen Bank a Trust
rTlrll raa n V BByaawast - a aawf . .
c F?" an uia annua meeting
of the board. The officers are: CO Ghut
nch. president; R. W. Craig snd J. Aj Tanna-
,T10,Tnt:l.R- E' -dy. caaW; Dr.
r i t chairman of board: C O.
Gingrich. John H. Hoskina. E. N EndrM
K. C & TinnahnTSi
K C. Berg. dinctoTs: Tory L. Daridson, cashier.
Win RebaJQd Mill
pan?, "il TBe ltTo. Zntt
was bnfed ua f.n nDa1- '!
March 23 men ahoulS uTiTb. r..
output i, fir, csxiosds of cedar ah.w . .
You work for your money H
Let your money work for you II
Will YOU have $50,000
when you are 65?
XJERE we show how you cn accumulate a 50,000 estate
with our investment plan that will jive you an annual
income of over 3000.
At age 25 invest
At " 30 "
At " 35 "
At " 40 "
At " 45 "
At " 50 "
-
-
- -
Investing regularly the sums shown above and the income
thereon at 6 will produce 50,000 at the are of 65
We have many good bonds that will bring even greater re-
Partfal thethV r?.U gOSd hi-her r i0 OUT
Partial Payment Plan will accomplish your object.
Write or call and aak lor our P. P. P.
Freeman, SfWr. a
camp Co,
LUMBCRMIN
Oregon Tax Exempt Municipals
$25,000
BAKER COUNTY, ORE.
5 Road Bonds
Dated Nor. 1, 1918 Due Nor. 1, ftSII. Optional Nor. 1. 12.
Denomination $1000
Principal and 'wmi-annual int-ret oaable Mar 1 .nrf v. i .
at tie F'iscal Aatnej of the 8Ute ofrein ".tiona? VZ 'nSS
City, or at the office of Morris Brother. orporation '
Price
Par and Interest
to Yield .
KlaaarUI KUteasrat
Amra-d Valuation Baker County, 1 91 S . .
Real Vahw (eaboaatedl
Total Booded Debt (thia issoe only) . .
-PoptUatioa Estimated 2 5.666
SarilTlUjtt T"tr for state, county and aty fund, in rram and for rests!
IJm'?TJ'T' 'r ,he ',Uh " nin and aua-k farm. With
the imrreasrd t.snd for rattle and rain-rale thw room, ha, .4r ba.ml
the naif dosen Iredinc Orrfon oeuntiea.
-.4,00 acre., of which. the tillabl- land fc. .TOrsisrd
. 1't.:"tc toulj th asseaied me of S.65.000 aai Saaes
t the aeened corn ty in the state la Una respect. saaaes
kJL. m. "Ji"1 "1, Bk"' C""',lr " till Urgrly anderelosd. bat the war
bcmfrAcT mtnm "Hl PirTaoaUnUy
,0,,rtJ naaada! affairs bare always Vera -trtrtly aaainiMrml aad
LjtJ' ,iJ1T". ."T w bi Pnent hhwaya wohK.
irSrwaan.se, 1 M
TrlcBkoBr ar Wire Order at Oir EiaiM
Morris Brothers Corporation
Jl orris BbIMIbk,
8raa4wajr.Sla.
rarUaaa, Orrgwa.
nnnn pnunmnm
UUUU UUllUI.IUil II
w eua
Spadal CnirespuBdsBt ef Tha JaaraaL
Eaasaa dtj. Jaa. 18. The first af the
sale
wtta their reduced orleas a as aerrisvr
icmalate retail trade ta thia sect ion af
the
cautry especially ta aaes s and weaaea'a cssth
". The wbekwala trade haa aot yet eaav
Parteo its kananbirw tiwl mmjt - - - n
S".. Bak atatessears iaeued thia week shew
that the local banks aaea. Inst S19.3OO.O09 Sa
!.r'.b" " ta a large
stent r the fact that the In iuctmniiea to the
banka baa fallen $12,000,000 k a ntauiar nertod.
There were fewer rosssnercJBl taiharaa here in
.l?iLerd ,ran (act that Kansas had
23.600 aatoasobilea recistrred la the last au
amtha, bringing the total anmber of ears SB
r.- w juusoaga thm at a
milfZjZh with-cmU1 " mrT area. the
milS HumnfiiM mM I - 1 . . . . .
. . . , r' " . -" .tvr m nauy aoeat
J?-. IW per day per person. The asa
- . am h declared to be
rserajBaible tor the assail amount of trash milk
consunsed.
Tha M'f m.,,1 W . .
inn rauraaa Baa
euthned plana for extremes which wUl opaa
jM--a-. enimr m ceoar aad Pout oaaaoea.
Ashland's 3 Banks
Prosper Past Year;
Elections Are Held
Ashland Jan 1 Q TW. LV-ii
meetings oi the three banks ef Ashland are most
"" mi ui u lacx erougns out mat thai
section haa aot felt tha stress of hard times aa
haa the East and Middle Wast Tha Pint Na
tional bank rrpons the largest volume of bua
neas transacted during the past year of any
in its history.
T1 AM nf ill I i , . 1 ,
i " wmjy v. uimwii waa nvecica ana
1 changes made in officers and employee. They
unwuiii, t. laxre. n. l an pel.
George W. Dunn. K. IX Brigga, W. H. McNair.
J. W. McCoy, r. D. Wagner, O, Winter, Thomas
H. Simpson. Officers are: K. V. Carter, prea
rfent; C H. Yanpel, rice presideat: J. W. Mc
Coy, cashier: J. H. Hardy. H. C. Kmery, G. H.
Henner, assistant rashiera.
Tha Citixena Bank of Ashland reported aa
exceptionally good year . of business, with the
deposits remaining Just about stationary thmugh
out the year. V. O. N. Smith, cashier of the
Cituena, takes an active interest ia all farming
actiritiea of thia section and the report of that
bank bespeaks tha hopeful outlook of tha agri
cultural interests.
Officers selected were: J. P. Dodga. rsandent;
C B. LambkiB, rice president; V. O. N. Smith,
cashier; Fred Eagle and 8. A. Peters Jr..
cashiers.
The State bank reported a satisfactory bus
iness year and reelected the old board and direc
tors. Officers are: O. Winter, president; F.
D. Wagner, nee president; G. G. Lubanks.
cashier.
Spokane Has Million
Dollar Fox Company
, B,'-J"L'lZlm of i"orpoatioB
of the Northwest Black Kox oomoration meiw
I I'T Th Rrm Is. capitalised for
1 06 aa.' ? to dea"
$ 25.49 per month
- S 35.52 "
- $ 50.23 "
- $ 72.61 "
$108.62 "
$172.15 "
BUDaw POBtVAND
. $2.71.sj
. 40.H.O.KM
lOO.OOw
ta.ll hUrk Street.
Safe Pe await Basctv
J7
5
THURSDAY. JANUARY 19. 1922.
BUSINESS SUNSHINE
" nw output of Portlauxl, Taeogoa.
u4 ScatU for lha period July 1,
mi. to January L 1923: Portiand,
743.110 barrels wenra- 7.0 baxrabi
urlnc th earoe period Uat bsum'
Taccama, 9430$ bsureU weraua US..
34S barrels: Sonttlo. C4$03l barrels
vertui 4O&.0T barreaa. - .
era! So.au lliaa Ezckmase af rnOadctnasi. TVs
"M aaperta to hare the aas. smUt aad
staekesl by next fslL rlrmkaaa wulaa 1M 11
J - aw erenaiaa smar ms
at The eoatreay afSrers are: Prasideaii X. R.
Daaa; rks fsmasaaat, Charfaa BergaaaaT (Meat
tary-treasuiai. Walter R. liagaa- aianil aTTan
rrr. W. IX Ram bo. The board a bj i af
ism tamradas aT.
af tha Nertkwi
CaUIaa Ia Xade Muaftr
Chehelia. Waah.. Jaa. 19 1. W. CoBiaa aaa
bsea aeaved manager ef tha Crease n Li Iliu i
roaanaay of Cowhta raiiey. s-hBeecfing W. K.
Baxter, waa aaa suaaaged the railaaai aeaos
it waa foanded sut May. CoUaa waa laimstlf
"" tha Roehdala atare at
Kaanarlsw.
Wilt Rasiaie Oawratloai '
Waaa.. Jaa. 19. The Glee
her
ran
moi
' of M-armocMl a amihi ,.
sh operaaoas alter buag awwa for
year. Ita capacity is s9,0a)
daily.
Pawer CaBtaaBj ts Zp-A U94x44j
Nampa, Ida bo, Jaa. 1. Tha board af -rertora
ef the Idaho Power company, at tha
quarterly meeting la Boats, aathermed the ex
penditure of approaisnately $200,000 far eoa
struetioa oa projecta under way.
Barry FlsUt Ptm at Diseaa
Cataa, Wash.. Jaa. it. E. B. rkars 4a
tract bortsrultBral laapeeter. apeot wsi i ilar fea
tb TMnltr at Keaaa. snspsrtia aerre faxat ( -this
oattnet. aad teaaa then aaaaaalsT tnw
froa) prats aad dianaaaa. A asnrtuar waa kakl
at Lea a Grta nail far tae aarry rrewwra.
INVEST !
Your money will earn
7.30
TODAY
What will it earn five years
from now?
Investment Values
are rapidly increasing.
Interest Rates
are rapidly declining.
One Hundred Dollars
INVESTED TODAT I3T
Northwestern Electric
Preferred Shares
win krlar aaata retara a
kaadred elfktr-twa dollar araaykt
la tke t 47 wklrk all ladlraUoB
ahow ar rapldlj aparaaeklaw afala.
Northwestern Electric
Company
Preferred
AT
96
WILL BKIXO THE I5TEST0B
7.30
OX HIS I5TESTME5T
A permavnent Investment, aaanrina
the preaent return aa long; aa held.
l our money is worm in proportion
to Its earning power.
Increase It value bj InTeatinc la
Northwestern Electric
Company
Preferred Shares
Mail Coupon Today
Xerrh westers Klec trie Co,
J. E. Tatar, Jtrr. Stock Sale,
roniiii.
Klrt Please scad sae free la fern
tkB eoaeeralBf year eoBtaaay.
JTaia
Address
Let us serve
your needs in
Printing
We? can put the perianal
element into your
advertiehnf
F. W. Baltes
& Company
DMaaM FIRST AND OA K
sTrlnterS arf.TlUelUU
TheANSWER
When tha contract was let for
pawecneat on tha Morrison street
bridge, tbe nrual quean ions for dav
rtsswdoti aroae eoncsrnJriK apectfica
ttorm. fir. AU thesfcs qorations wrer
aru-wersxl mi a snlnr by Use ao
IhonUea. who aaM. -pimply maka It
lit the " pavement oa Hawthorn
LrMjr." IrK-uirritally. thia asswar
aerwawl aa a testimonial for War
renite-Bltallthic, becaaaw -taa pawe
nent on Uawthorn bridfw was laid
over five years s-o. and sroataioa
mors heavy traffic taaa any pava
rtvint la th dty. ,
0