THE OREGON DAILY JOURNAL, PORTLAND, OREGON
MONDAY, FEBRUARY 2?. 1922.
10
BUYING MOVEMENT RESUMED ON STOCK MARKET; DEMAND FO R FOREIGN SECURITIES
A rr :"
COMMODITY MARTS
FOUO'i'l FINANCE
. WC
NEW YORK BOND TRANSACTIONS
or Tbe Jowruar Wan Street BnmQ
BUiart .
WB D(w Herw of Th Jonrntl)
" Wall Street, New Vot. Tb. 27. TSe buy
ing awvement waa actively teaumed in ill diree
tkma with lbs opening of tin new week.
in VwCm vsrnn w
srivanc continue, al
thoi f b tnwnvmrf
with period of heavy
profit taking and par
tiki motion. Another
extraordinary riM oe.
rwrred in the foreign
exchange, with sterbng
IP It u I mm nw
nl with siroiiar see
high rerrla tor til the
other allied rata. Thk
atmiiltaiwotia advanr In
th foreign rurrenrles
w accompanied again
b an enthusiastic o
t . for foreign gov
element securities ptitb
:he ti-t in Lcmkin
al In New Turk
, .. - i
. ran- ni th
tter
(Wall Street Bureau of The Journal)
Sew Tors, Feb. fJe Before easlaess
brraa la bond oa the stock nrhun
today, the syadlrate which bonght aa
lasae ef 7i.eee.00e guilders free the
klardom al Sctbertsads, Hollaed, re
Mirted that tba offering: bm bee a oTtr-
sabtrrlbed. The boadi were told at t.4e
per boad and wore dealt fa oa the enrb
oxraaage ee a whoa Issaed basis today.
The other offering of lmportaace to
day which an lae f llS.eOO.OOO City of
Lo Aagele, CaL, mantripal I per eeat
boadv Mild to yield 4.7 to 4. per eeat.
White allied exchanges advanced to
aew hiirh level for the correal. o.
meat the foreign goverament aad at
alrlpal external loaat merely remaJaed
firm aroaad Hatarda'i closing prices la
the boad market, liberty boads were
troaa;. with tb largest drtnaad for the
third sVis.
t High. I Low. Close.
Dot. Edison if. ...aer B.'40,l04
tlet Lni Rrs 4s. 32... i (TU
Dap do Kemoan 7t. 81 103
Duqaenso IX A Pwr a. 40,1 U2
rte sen lien 4a. OS. . . . .1 45
do prior hm 4i. 5
do en 4s. striei A,' S3 . S9
do er( 4a. anus D. 53 42
Flak Bnb Ce 8a, 41 101
Ooodyear T A. B Co 8 a. 41 112
do 31 1 88 7l JS-
G T of Canada 7a 40. . ilOB V. i!09 11094
Gr. Tic of Can. 6 16. . . 101 H I10IH
fit. Nor. 7i 88 iM7 V 1107 H 107
100HU0OH
T Krl 91 to
A B, ft A
1021
44 H
58 H
SK
41
101 K
112
44H
58
8
41
101 H
112ft
ine rraioKMiity mitkru wrr hot hehtml the
fnn. .l Another ruh to bujr wlieat ramrd
lie niun otei.. tip I..Irn'lj-. Ami rotn. too.
a rmair Tl.r ne In rotton ai more
wl-Tal. but nerertheleoa ditltK-t.
Thta "rj neral hnnan-y aisnifiMl tin con
Irtmit that i the rgrtoua atrijiinc ni'ward
wreBvanta yj the laat oil werk. ha.1 not yet
Bies'iirad ihi;itir of world economic re-
roeeo nr I b d-Trlupinefita inr th firat
el U Tear. In 1 mtt oiwrationa In all the mar
kta enntain a !' 'tra.ii! of pur aiwulatinn.
i " "r twr"'"'-'"n l"ei oi'n mihd vn
r.plea Theae uk into mulilrratjon the
ratwn. both here ami .hroa-i. of rik-il e.-c.n.,ni-trea
tl cwriail rBTii .,f ,n1,vt,.. lha- it
nae 1,-tuiJlr ri hel.io't rv.-n lite rdul atorb
ina i"cr f tin- trmle nurk'tn, ti,e nq,iml
aln..inn'l rrdm ti.m f tifimld .tor-k of jo ids
ami aNn, wi ll thi. the k.w.Tlnj of c-kU wW.cYi
l lil n" fatl.er t.i be til' r..l;t,v .atl.rac.ory.
hilt Inert ito'teilLelei naik dmie er w-(l
Tb quirk d.H"i of the T5.OOll.0IH) inlM'r
liutr Uian waa in Inni.leiit otv-ihe dv which
d'lnntwtriA'-il that al'ale Inreatment rwirrea
are far fn.m iliaotel. leaite the enormona
drafu ntmn them durina tlie Ut m month.
Mhertjr bonda went higher. npriallf tlie third,
foar knd qiiartera. ( all mohej wait null raain
Uined at 3 rf nt t'ntil ti federal reaerre
rate arw rxlnred acain a i-ermanentiy low-r
nuira f'r rU inarm need not ha eipocted. But
a the matter itanilo now. whenerer Wall atreafa
hid fU down (n 4 H per cent the Interior banks
draw down tlietr New York balance and brins
abont an anUrmatie recorerjr. When they are
, able to obtain rnliwount paper in their own lo-
, rallllea this will not happen.
, The ieciiltiTe fHttiirv in the market waa
wnphaalaed beforw the dar tu orer. Tlie early
, ria. o.H onl in nfirk. but in -rx-han-e. arairl!
ami nutiou, nan been nhirp enouzh to attempts
the --- - '- rll..4... . ..i-J ...... "
. . "i i" ie iroiiui. inn
. ar lllni led to a par'.ial rereral in th late afVr
. toon. but without any dci.lrd downwanl ten-
uaprf .
Krora an immeiliate ntx-rulatire atandtioint the
poatnonenient of the rvadin- ami the (VMisoiidated
.a decukm wax a 'li-appuiiumiTt. But in the
tmeral railway lit the ipreme cuan onlr fix
it reantiiment of the" lle.linic ca- for Ajinl 1 0
bad no effeet. t'aruulian 1'sriflc and t'nion Pa
eifie werw noUbly rtnn In the iaat hour. Con-
tinned arllaix of retail t.n. . nvanled aa a
forerunner of unfavorable diridend action and
.Miacro producU wire ayinpsili.'tx-ally weak.
New Tork. Feb. 27. Total aalea of bonds no
tho Htik Cxrhange todaji were 320.230.000.
aroiiiat 19. into yeaterda). 31s,372,0W0 a
rek agi. 310. 722.000 a ysar aco. and 314,
ftiM.OOO two year, afu. r'nm January 1 to
uatr. t"23. 75. IIO0. 3it n-t 3i02. 342.000 a
year am. and (S3H.l' 1 7.IKHI two yearj ago.
k'oll.iwing a cumi U-te livt of bond ales today.
Total !. of each ocunty and the liuch, kw.
and cloeing pncea ar giTHn:
l.IBKKTY ItOM
I III (10O) I
High.
IXVW.
ftlwrt. 3 S . 32-47 .. . 07.02 00.94
do ad 41. "2:-42 06.3D .70
do 2d 4 rec 37 4a. 04.30 .3i
do 1st 4 a. 32-47.. 7.28 07.18
do 2d 4W. '27-42.. 07.00 96.84
do 4th 4i. SM. ... 97.88 07. 6
Victory 4a rec. 22-23.100. 4 100. ft
do 3. '22-23 . ..10O.U0 100.00
f. M. 4r 1925 coup. . . 105. H 105.
FOUr.KiN btMS
j High.
ArjfHntine tiort., 45. .
Kuil of Belsium 7ViJ '410V
do Sa 4 1
do tie '25
Chine- (iort. Kr. '51
City of Brgn b 'to. . .
City cf Heme M '45 . . .
City of Hordeatix 6 34 . .
City of Cop'haeen 5V, 4 4
City of Lyona 8a 34 . . . .
City of Marseille 6i '34 . .
City of R. d Jan. hs '4. .
('Ity of Tokio 5a 52
City of Zurich i '4 5
Dept. of Bein 7a
llani-h Mun. b K '46....
riutrh E. L 6a 48
riominican Rep. 5i '58
D. of Canada 5 hi notes '
do 5a '26
do 5a '31
French fJort. 8s 58...
do 7 V, '41
Imperial Jap. lat 4 a '
do 2d 4 Vis '25. . . .
do alerting loan 4a
King J. of Denmark 8s
King, of Italy 6V 8.A. 23
Ien. 6a ctf
King, of Norway '40. .
King, of Sweden s S..
Retmblic of Chile 8a '26.
do 8s '41
Rep. of Cwba 5
Rep. of rnienay 8 '48..
Htate of Quid. 8a
Hmhm Gort. 8s '4 5
Cloae.
97.00
96.90
98.36
97.24
96.94
97.66
10O. ft
100.00
105.
20
'31
'4 5
Kingd
om of the
Netherlands Loan
Announced Today
1111 bt
1 h3"
90
85
85 14
101 I
72 I
111 H
92 14
108
94
89
100
99
96
104 S
101
89
9
76
108
108
97
110
99 Vi
101
103
90
107
107
T1I5
1 Ixiw I Close.
I 79 bO
l74.10rtV4
107 ;il7 V. jlf)7
102 ilOl 102
57 i 54 ! 56
10H ilOH I OS
111 111
S4 85
90 90
84 S
84 V 85
100 101
72 72
111 111
92 9214
107 108
94 9tli
88 88
99 99
99 'A
96 6
104 104
100 100
89 89
88 Vi 88
75V4 75
108 1108
108 1108
96 4 97
109 110
98 Vi 90 14
100 101
102 103
89 90
105 14 107
107 107
114 114
101 4 101
105 105
105 105
99 99
100 100
103 S 104
55 55
44 44
104
99
do 4 s 61
Hoe. VaL lat eon. 4 ' 991
h M. ref. 5a. srr. A, '57
do ad, inc. 5s '57. ....
EL On. 5 '34
do 614 '86 ..
do rfc. 4s '58
I M. 4 s, T. Co. ctfa. '56
Int. Rap. Tr. ret 5a '66.
tet. Acr. 5s '32
Gr. Trunk 8s
Int. Paper 5a '47 ......
L M. M. a. L a '41....
Iowa Ceo. 1st 5s '38.
do Hg. 4s '38
Int. Oil 8s
K. City Sou. 5s, 1030. . .
K. City Tr. 1st 4s. 1960
Kelly-Spring. Tire 84. '31
Keokuk A Dea M. 5a, '23
Long Island leh. 5a, 37 .
L. . 7a, 193
do col. tr. 3a, 1931 . . .
- do unified 4s. 1940..
do unified 5 a
do So. Ry. Uon.jt4a,'5:
Man. Ry. eon. 4s, 1990.
Market St. Ry con. 5s, '24
Mexican Pet 8s, 1936..
Mich. Cent. deb. 4s. "29.
Mich. 8tate Tel. 5s. '24 .
Mid. 8 tee! cyt. 5s. 'S6. .
MiL Gaa & Lt. 4. '27. .
M. A St. L. lat rfc. 4s.'4
do oa
96
83;
78V4,
58
99
10814
BO - !
13
63
24
07
85
83
93
38
89
84
80
103
80 r 80 44
7344! 75
106il06
96
83
77
58
98
108 V4
85
13
63
24
97
83
83
93
38
88H
84
79
103
WjALsL street stock quotations
, Reported by Orerbeck Jk Cooko Ca, Board f Txado BoOdiac - .
96
80
102
56
64
86
101 Vi
97
87
87
89
38
38 Vi
MSt P.A .9 Marie6 s, '311101 V4
96
89
101
56 ft
63
85
100
07
97
86
89
37 Vi
38
101 4
37
7(i
(Hi 'i
36'10
'22105 S
. . . 105
. . .100
. . .1100 V
1104 Vi
56
45
The Kingdom jf The Netherlanda loan, an
aouncement of which baa been anticliaited for
aweeraj days, waa today opened for iullic cub
anrtprioa. Loral bond hnune which participated
in the loan, report that thi-lr I ml i rid ml aUnt
manu woea orepwibTibed. The rapid manner
Ml which thia Un was ab-urrbed by the inventinc
PQblto Indicates the aUvnglh of Uie bond mar
ket for a security of this claw.
Tho loan nma for a period of 50 years, dated
lM2 ml br a Per cent interwt
A sinkinc fnnd Is rmrided beginninc March 1
1028. to retire th entire Ivu by eall bl lot of
ewe fortieth snnnally at per- and Interest, but no
bonds oan be called in duMm the fitt 10 years
The bunds are toe direct obligation of the Kinr
dora of Tho Netherlands. Tho monetary unit
ia Uw cuiller (florin) with a pmm at par of
nehanaw of 40 2 cenu In th CniUd HUtea.
The bonds. wars baeed upon eichanc at 38
pent per guilder, on a basis to yield 6 15 per
ant to maturity and 6 80 per cent If called
In 1032. It at estimated that with sichance. at
par the bnnda wiU yield about 6 40 if held until
maturity and about .0O at earliest date of re
demption. The underwriting syndicate omuUterT of the
principal lnrestroenl banking riorums of the roun
try. The following Inrsl Investment f anken
' ParUHpate.1 in the (nan: Bond Gdhdwln A
Tanker, Blythe. W liter company. Ladd ft Tllton
K. U Imereang Co.. Freeman, Smith A
I amp, Iimbermari Trnst company, Clark-Kendall
and tli Ralph 8chneelcvh company.
Lumber Mart Shows
Strength; Demand
Stronger for Logs
The lumber markei eon tin uea to strengthen
s4ily. eoeordlnc to reports from the West Coast
I.ambrmn's susoristlon. Bhtpineota f Jsp
sqtiarM eompriee the bulk of the xportboine
e the past week. Ical bnaineas showed a alight
Cam and rail shipment to Interior point reflect
' a rlsl of buikllnc construction. Carliwd pnce
ea hieiber at the mill ar furnished aa follows by
lb daily market bulletin of the West Coast aa
m wiat ma:
14 No. 1 TO
8tppln. N.v 2 A n. . . . ;
Casing end has
eillng. Sl4. No 2 and B.
"roe siding and rueUc. 1 16 No. 2 A R. . .
Boarls . U. Isfl 81.1
do lis-IO Inch 8IH
, liss.nlon a, A K.. 2x4 No. 1
do 2i I feet
. Timber, 32 ft A u. 6x6. 8x10, 848
lih, tir
t'eiisr shingUs. Star A Bur
The demand for Iocs ia tron. with
88,!
88
112
96
39
88
61
89
87
80 V 8014
104 104 Vi
87 87
29 28
I4T.O0
63.00
61). OO
29.00
34. 00
11 00
13.00
12.00
7 00
l.oit
6.00
3.23
th ma
104
94
79 I
77
92
88
64
88
107
88 Vi
95
107
101
96
71
72
69
9S
109
108
78
97
83
111
86
83
83
55
39
88
97
106
73
81
63
78
81
65
59
75
59 14
65
97
107
74
76
81
78
85 Vi
Prtty of tlie camia in Western Orraon and West
ern Washington closed down by adter-e weather
conditions and deep snow In th wood. Prtres
remain teady at the fi flowing rales per thru
eand Red fe. IM OOi 13 00; yellow fir. No.
1. IJ4 0O; 'No. 117.00; Mo. 3, 12 0O;
neatard fir. 016.50; hemlock, 810 00 r 12.00
resUr, 2i.r- Prices ar somewhat higher
around the S..0U.I llisn in tlie Lowsr Columbia.
8Ute of Sao Psulo 8a
I'nited Kingdom 3s '2
do 5s '29
do 5s 37
Rio Gr. do Bui 8s
V. 8. of Brasil 8s 1041 :
V. N. of Mexico 5s 194 5
do 4s 1954
New York city 44s 1936 '.: 104 1104
H su.. 111(17 9sl 90 "it
RAILWAY AND MISCELLAN EOT S BONDS
Am, Agr. Chem. 7 '41 . '100 1100 100
Am. Smelt 5s 1047. . . . 89
Am Tel. A TeL ct 6s '251112
do col. tr. 3s 1946... 96
do et 4 1933 99
da col. 4s 192 88
Ann Arbor 4s 1995 61
Armour Co. r. est 4 s '39
A. T. A 8. F. gen. 4s '95
do adj 4s 1995 . . f . .
m Coaat Line' 7a 1930.
do 1st con. 4s 1932.
At Fruit crt 7s 1934 . .
At Refinery 6 1931 .
Bi A O. 6s 1929
Mo ref. 5s 1995
do crt 4 Vis 1933. . .
do prior lien 3 Vis 1925
do 3 Ha P.J M. die. 35
do 4s, Tol ACin. ds. 59
do s. 8 wrn dir. '23
Bell Tel of Ps.. 7 '43 . .
Ttcth Stl p mp as. so. . .
Braden Copper 0s. 3t . . .
Brk Ed gen 5s, ser D. 30
do gen 6s, ser B, 30 . .
do 5s. 40
Bk Rap Traa 7s. 21
do 7s. tr co rtfs, 21 .
do 7. tr co etfs st. 21 .
Csl O A Elec 5s. 87
Can Nor 7. 40
do deb 6 Vis. 46
Cen Pa deb 4s
Cent of Ca Ry 6s. 29
Cent Par. erd. 4s. 1949. .
Cairo de Pssco crt 8s. '31
C. A O. crt 5s. 1946.
do gen. 4 s, 1992 .
do crt 4 s. 1930 .
C. A A. rfg 3s, 1949
do 8s. 1950
C. B. A Q 4s. Ill Dir. '49
do rfg. 5s. 1949
do Wnt 6 Vis. 1958. . .
C. A K. I. of 1951
C. A J. W. 4s. 1959. . .
C M tt.P.crt.5.B. 2014. .
do gen. 4s, 1989
do m. 4 s. 1989. . .
0. M. A 8t P. crt 4 s. '32
do rfg. 4. 2014 !
do 4s, 1923
do drb.- 4s 1934
do 4 s, Puget Bound, '49.
C. A N. W. deb. 5s, 1933.
do 6s. 1936
do gen. SSL '87 .....
Chicago Rys. Co. 3s, '27 . .
C. K. I. A P. gn. 4s. '88
do r'g. 4s. 1934
Chll Coi. col. tr. 6. '82
C C. C. A 8t. U deb, 4
19SI
C. 0. C. A 8t U0.il 6s.'9S
do 6s. 1029
Colo. A South. rfg.4Ss.'S6
Con. Coal of Md. 5s, 1960
Cons. Gas crt 7s, 1925.
Cuban Cane Sugar 7s, '30
do 6a
Cuban K. R. 5a, 1952. . .
do 7s
Cumb. T. A T. 6. 19S7
Del. A Hud. crt. 5s. 1935
teL A Had. 7s, 1930. .
D. A R. G. 4 Vis. 1936.
do Imp. 5s. 1928. .
. do rfg. 5. 19"5
.do con. 4. 1936. . . .
104
96
78
76 44
91
8814
64
87
107 14
884i
95
107
101
94
69
68
65 Vi
95
109
108
77
98
82
11014
86
83
83
55V4
3S
88
97
106
72
81
65
73
81
64
38
72
59
65
97
107
74 14
75
81
78
85
88
112
96
99
88
61
88
87 Vi
70
104 Vi
87
28
104
96
78
77
92
88
64
87
107 Vi
88 si
95
107
101
94
71
72
69
93
109
108
77
98
83
111
86
83
83
55
39
89
97
106
73
81
65
73
81
64 Vi
58
74
39
5
97
107
74
76
81
78
83
88
97
97
86
86
106
78
76
79
102
89
91
107 Vi
77
79
45
74
86
97
97
86
86
105
78 .
75 H
78Vl
101
89
91
107 H
77"
79
44
74
8
97
97
88
86
106
78
75 H
78 Vi
102
89
91
107 Vi
77
79
44
74
do 4s. 1926 38
M K. A Tu I,t 4s 1690. 7
do ser. B' ; 67 Vi
do 2d 4s rtfs. 1990...: 57 . 57
do 5s ser. A 80 1 79 1
do adj. 5s ser. A I 501 491
do 4s 1936 61 f 61 I
do 6s ser. C 08 93
Mo. Pas. rfg. 5s '23 99 It 99 i
do gen. 4s 1975 63 62!
Mont P. Ca 5s ser. A '43 94 94
Montreal Trm. eol 5s '4"TT 85 84 Vi
Morris A Co. 4 Vi s 1939. 83 8314
Nt Ry. Hex. 4 Via 1957. 25 25
do 4s 1926.. 31 31
NO.Tex.AMex. Inc. 5s '35 66 65
N. Y. C A H. R.deb.6.'35 99 99
do rfg. A imp.4 V4s,2013 86 1 86 Vi
do col. 7s, 1930 105 105 Vi
do deb. 4s, 1942 99 99
do con. 4s, 1998 79 79
do gen. 3s 75 75
N. T. N. H. A H deb 4s.'55 51 1 51
N. T. Rys. nf. 4s. 1942. . 81 30
do adj. 55. 1942 5 5
do adj. 5s Tr. Co.ctfs.'42 65 65
N. Y. Telep. deb. 6s. 1949 103 103
do gen. 4 Vis. 1939 90 44 90
do ref. 6s 102 102 Vi
N.T.Westch.A Bos.4s.'46 41 41
N. T. IMUon ref. 6s. 1941 106 1106
Niag Falls P 5 32 97 97
Nor A So 5s, ser A, 61. . 59 09
Nor A W con 4s, 96 87 87
Nor A W crt 6s. 29 106 105
do dirl 4. 44 84 84
N P 4 a, 47 , 87 87
do prior lien 4s. 97 . . 84 84
do reg 3s . 60 60
N S Power 1st 5s 41 . . . 89 89
N W Bell Tel 7s, 41 107 107
Ore S S con 5s, 46. . 97 9714
do gold 5 98 Vi 97
do rfg 4s. 26 89 89
O-W R R A N 4s. 61 78 77
Psc G A Elec 5s, 42 88 87
Psc T A T 5s. 37 93 93
Packard Motor 8s, 31 1 99 99
Pan-A. Pet A Trans 7s. 30 97 97
Peon B R 7s, 30 il06l06
do 5s. 68 96 95
Penn. R. R. gold 6s '36. 106 105
do G. M. 4 s '65 87 87
do gold 4s 06 87 87
do gen. 4s rec. '48 ... 98 98
P. A East 1st 4s '40 74 74
Pere M. rfg. 5s '56 90 89
Philippine Ry. 4s "37.... 44 44
Pierce Oil 8s 89 Vi 89
P.C.C. A StL. 5s. sr.A "70. 93 92
o 4s ser. A '40 93 93
P. R. L. A P.' 5s. 43 104 103
Reading gen. 4s '97 82 82
C.-C.B.R. of N.J. eoL4s '511 75 75
Roch. A Pitts, con. 6s '22. 77 76
8.UI.M AS.RAG.dir.4s '83 77177
S.L.A8.F. pr. lien 4s "60. 70 69
doJK ser. B '50 83 82
St L. A 3. F. gen. 6s,
scr. C. 1928
do adj. 6s, 1955
do inc. Cs, 1960 ......
St L. SW. 1st 4s. 1989. .
do con. 4s. 1932
do Term. 5s, 1952
StP. A K. C. So.
4 Vis. 1941
Ant A A. P. 1st 4s, '43
S'bd. A. L. Gold ata. 4a, '50
do rfg. 4s. 1959
do adj. 5s, 1949 . . . .
do con. 6s. 1915
P. rfg. 4s. 1955
do eoL tr. 4s. 1949
do S. F. term 4s, 1950.
Sriitbern Ry. con. 5s, 1994
do gen. 4s, 1956
do ren. 6s. 1956
do St U dir. 4s, 1951
St Oa Csl. deb. 7s '31 . . .
3d Are. rfg. 4s 1960
do adj. 5s 1960
Tri City Ry.ALt 5s '23 . ,
Union Pacific 6s 19-8..
do 1st 4s 1947
do crt 4s 1927
V. R. R San Fran. inr. o
8. F. 5s
U. S. RealAImp. 5s '24.
U. 8. Rubber 7 s 1930
do 5s 1947
C. 8. Steel s. f. 5s 1963
do s. f. 5s reg. 1S .
Vir-Csro. Chem 7s '32.
Virginia Ry. 5s '23
Wabash 2d 5s
W. Electric 5s '22
W. Pacific 5s "46
W. t'nion coL 5s '38
West "house Elec, 7s '31.
W. A L. E. ref. 4 s '6
Wilson ti Co. 1st 6s '41.
do crt 6s '28
W.-Saiem S. B. 4i '80.
Wis. Cen. gen. 4s '60 . .
98 Vi
3
7814
58
08
108
85
13
63
24
97
83
83
93
38
89
84
SO.
103
80
75
106
98
80
101
66
63
85
101
07
97
86
89
314
38
101
38
7
67 V,
S7
80
50 Is
61
93
99
62
94
85
83
25
31
66
99
86 Vi
105
99
79
75
51
30
5
65
103
90
102 Vi
41
106
97
59
87
106
84
87
84
60 Vi
89
107 Vi
97
98
89
78
87
93
99
97
106
96
105
87
87
98
74
89
44
89
92
93
104
82
75
76
77
69
82
Wail Street Bursea of Tba Journal) ;
"Wall street, Sew Tork, Feb. Me
Searly an Us broker: adTleeo ftrhlck
went out from Wall street, thia morainsr
were fealUah oa errUia bmt tie steels.
Tut gro.p wm discriminated ag-aimsi
en aeeohht of the disappointment felt at
the psvsslB; of tho Republic Steel dlrt
dead and the accompanying; statement
that the romoaiT. despite the apparent
larn tor the better ia the steel trade, was
tll aot operating- in black fig-ares.
There " was heaTj selling; of Craeible,
Bepablie aad Bethlehem B, with a rather
sharp break ia Lackawanna. Steel com
Btea, selling ex-dividend ot VA per cent,
held IU trroand better, yet did aot re
sume 1U place ef leadership that It held
tost week aad the week before. Stnde
haker Justified the explanation Uat, oaee
eata.bllshed abore Dar. its ad ranee woald
be rapid. Chaadler passed the 70 nark
today and bear traders began to bid with
considerable argeaey. It was this which
eaased the oniek aprnsh from ? across
71 later.
Taking Into account the anmber of ia
dlrltlaal storks which were ineladed at
one stage or another ia the baylag, it
was the broadest market of the year.
Even the copper shares at length fell
into line.: "
There yas a good deal of profit-taking
In the railway list, aad also la the equip
ments. .
Sales.! STOCK S-
Sales.
STOCKS
300 Adrsoce Ram .
200 do pfd.
1700:Agr' Chem. . . . .
400 do pfd. . . . .
700Ajax Rubber . . .
.... lAlaska Gold . . .
.... Aisks Juneau . .
1 SOOU'lied Chem . . .
6700 Ailis Chalmers . .
200i do pfd.
. . . .(Am. Beet Sugar.
1500IAm. Bosch
Com
Am. Caan Co.
do pfd.
Am. Car A Fdy.
do pfd. . . .
Am. Cot Oil.
do pfd.
Am. Drug. Synd . .
Am, Ud A Lea.
do pfd.
Ice
Am. IntL Corp . . .
Am. Linseed
do pfd.
Am. Loco.
I do pfd.
Am. Saf. Razor
Ship A
Am. Smelter
do pfd.
Am. Snuff
Am. el Fdy . .
Am. Sugar
do pfd.
2fi00 Am. Sumatra .. .
2600 1 Am. TeL A TeL .
400 Am. Tob.
600j do "B"
4 700;Am. Wool
100 do pfd.
Am. W. P. pfd. . .
Am Zinc
Anaconda
900Assd. Oa
2900iAtchison
400j do pfd.
3001AtL Coast Line .
880O,AU. Gulf A W. L
9500Baldwin Loco. ..
. . : . . do pfd. ......
10700 Balt A Ohio
4300
"ioo
1400 .
200
400 .
1400 .
400
1400!Aa
63UU.
1300L
700
800.L
1300
2700iAm.
1900 .
900
1600
500j
High.
Low. Close.
14
88
33
58 Vi
15
57
46
91
39
41
150
23
49
6
15
67
100
45
32
33
109
4
11
47
3:
67
9S
26
119
138
jl36
8U
106
13
38
35
58 4
14
57
45
91
39
40
149
23
49
6
14
66
98
43
32
31
107
"4" "
n
46
31
66
97
25
119
138
1135
85
106
49
104 V
97 Vi
85
90
27
109
I-
13
38
85
58
14
57Vi
45
91
35
38
40 Vi
100
148
120
23
49
5
14
66
97 Vi
43H
82
36
107
114
4
11
46
89
135
31 Ik
66
9S
26
119
137
1135
84
2500 Mont. Ward
SOOOMo. Pacific ......
45001 do pfd. .......
2500,M. St P.AS.8.U. . .
SOOiKor. Axa ,
...... jSat, Biscuit .....
2400;N'at Enamel
. . . . .N"at Lead
lSOO Neiad Con. '
llOONew Karen
1700Xorfolk A W
OlOOiNor. Pacific .
100 Nora g Steel.
100;X. Y. Air Brake. . .
3000 X. I. Central....
lSOOjOkla. Prod, ref
. . . . . j Ontario Silver. . . . .
SOOiOnt A W
. . . . . fOtis Steel . .
100 Pacific Der.
SOOiPac Gaa. A Elec. . .
500;Punta j Allegra.. . . .
2500;Pacifio OB ......
4SO0!Pan-Am. Pet. .
HOO Pan-A-m. Pet 'B" .
3400iPenn. i . . ,
600Peopka Gas . . . . .
6700.Pere Marquette....
2100, Pure Oil
10O0 Phillips Pete.
600tPerce Arrow ....
2300iPierce Oil
400;Pitts. Coal
1900Pitt. A W. Va
100 do pfd.
1600Presed Steel Car.
1200 Pullman
1300 Ray Cons.
L67O0 Reading
200 Remington
IReplogle Steel . . .
2900 Republic LAS..
600 do pfd.
Rep. Motors ....
8 100 Royal Dutch Oil..
500Ry. Steel Spg. . .
11 00 1 Sax on Motors ...
6200:Sears. Roebuck . .
iShattuck. Ariz. . .
500;SheU T. A 'T.i
40600'SincUir ; . . .
iStand. "Oil. Ind. .
2001 do N. J. . . . .
200;Sloss Shef
. . . -ISo. Pac ........
7400!8o. By.
High.
tow. I Close.
15
21
52
71 -59
34
'ii
18
101
81
24
59
78
2
22
10
7
66
38
60
65
60
35
75
27
35
33
17
8
61
2614
78
66
116
14
76
31
47"
78
64
91
1
70
'43" '
23
14
21
51
69
68
33
is'
17
101
0
24
59
77
2
ii
9
7
66
37
4S"
54
49
34
75
26
35
82
16
8
60
26
78
66
115
1314
74
81
46
76
'63
06
1
68
42
22
E
PRICE
179jl79
4001 do pfd.
24800 Beth Steel
200lBooth Fish ..
400 B. R T
700IButte C. A Z.
2 4 00, Butte A Sup.
6100;Burns Bros. .
lOOjCaddo Oil .. .
700CaL Packing ,
6200, CaL Pet ...
do pfd. . . .
HlOOiCanauian Pac
B".
1900
1900
27900
Cent leather ..
Oerro de Pasco
Chandler Motor
2500fChi. A N-W.
Line
96 96 96
77 76 76
62 62 62
77 77 77
74 73 J 74
75 75 75
77 77 77
73 72 73
-64 52 54
37 35 37
18 18 18
52 52 52
84 84 Vi 84
79 79 79
81 81 81
90 90 90
62 62 62
94 94 94
77 77 77
103 105 105
62 61 61
58 53 55
99 99 99
103 103 103
91 91 91
91 01 91
82 81 82
94 94 04
104 104 104
87 86 86
100 100 100
99 99 9
96 96 96
91 80 91
. 86 86 86
99 99 99
84 84 84
. lt0 100 100
. 106 105 106
i 58 58 58
115 H 95 95
. 87 87 87
. 96 96 96
. 75 75 75
L STOCKS
900
1000
10400
3800
7400
7700
4600
1800
100
500
3900
1500
5000
200
(Wall Street Bureau
400; Anglo -Am Oil. . .
200' Atlantic Lobus . . .
10 Eureka Pipe Line
140 Imp. Oil of Canada!
10; Indiana Pipe Line.
5300 InU. Pet
SOlStand. Oil N. Y. .
9000, Stand. Oil Indiana.
8
of The Journal)
9 !
97
104
92
15
363
88
103
862
! 87
8
103
363
87
BOSTON COPPEB SHARKS
(Furnished by Orerbeck A
DRTGOODS MTI ATIOX OUTLOOK
MOKF. PROMISING; PRICKS FIRM
Chltago. Tib. a 7 Th drygoods and gen
eral merchandise situation U taking en a more
.rmM. look as heter crop price are manifest
law tnemaelTea rn the agricultural section. The
atotvaunt of sa.-rrhsn.iie at present ia fair, with
autrket firm nn it pi line cotton good, wool
gnod and silks.
Mill asi a general ad ranee In price of
brown saiielirs dunna toe week.
In wojil dres givxls fanry pUids r in good
item aid aad cream erg, hroadciotlis sml flsn
- sets are wiling Wrll In the South and winter
leaort ecton.
, Collection show a little improrrmeni
Aria Com.
Adrenture
Ahmeek. .
Alloues
Bid.
8
50
61
!4
ral A Aria. 37
CaLAIlrc.277
New Corn 17
Centennial
Cop. Rge.
Darin Daly
Daly West
E. Butte.
Frank. Mg.
Granby . .
Hnco k. .
! Helretia . .
Foreign F.xebaace Market
'New Tork. reb 17. (V. P.I Demand sterl
ing opened today at 34 42; hre, .0531;
atari V .0044; fraom, 0921.
Bank Official Retaras,
Isaac D. Hunt, rice president of th ladd A
Tilto bank, returned thia wtorvunc fr-wn a tbrie
plea win trbi to Howihern CalifomU.
- . Will Ship Livestock
Knwe. Or., Feb. It. Tb lane County Co
esieeau. Hbipyiees' wctatiei will ahip a ouload
4 it.e-r wa ia i-eesiTKi iixmu
Indiana
bl. Creek
To Dfd.
Kerr Ik
Ijlk tp.
Michigan .
Mohawk. .
40
7
2
10
1
27
2
1
40
94
87
3
2
1
35
Ask.
8
60
62
25
58
280
18
12
M. O. Col .
Mas. Valley
N . HUM. .
Nipiasing. .
IN. Lake . .
K. D. Cop.
Kibi iawa. . .
PondOeek
Isle Royal
7 !S. Lake
3
10 Vi
1 Boston
tab.
IShattuck. .
29 LSrin. Cop. .
3 (Tuolumnie
2 CtahM-tak
43 tr. S. Mm.
94 I do pfd.
89 H uh Apex
3 (Victoria. . .
2twtnona. .
2 IWoIrerine
66 jWyandott
Cooke Co.)
Bid.
4
1
11
5
20
23
1
15
22
44
1
3
7
1
50
1 1
S3
43
3 1-16
1
40
10
40
Ask.
4
1
11
6
40
25
2
16
23
43
1
ft
0
2'
60
16 1
33
44
NEW INCORPORATIONS
900
6000
(Cbi G. W
do pfd
Chili Cop
Chino - -
C. M. St P
do pfd
Cocoa Cola
C. A 0
Colo. F. A I
Colo. Southern . .
Col. Gas A Elec.
Columbia Graph .
Con. Gas
Cons, Cigars
do pfd ...... .
ContL Can
Cities Ser. Bankers.
Corn Prod.
do pfd .
Cosden tni
8400
35100C. R. L A P.
pfd . . .
pfd
do "A"
do "B"
Crucible
do pfd . .
Cuba Cane .
do pfd .
200
600
14100
200
1600
20001
3200!Cuban Aran. Sugar
300;DeL A Hudson
700?Dome Mines
800
8500
800
3400
2260
300
12300
Del! A Lack
Darison Chem ....
Endicott Johnson .
Erie
do 1st pfd
Elec Stor. Bat. .
38
55
63
6V,
10
5
26
120
12
1 75)
54 Si I
140
33
34
72
69
7
18
17
26 Vi
24
33
45
60
-45
75
2
98
21
54
20
103
36
42
93
80
55
81
10
2S
19
111
5
115
60
81
11
18
142
83
105 Vi
25
13
4.5
104
96
85
89
24 T
104104H
1107
48
103
96
85
89
23
37
55
62
6
10
5
25
119
11
75
52
38
32
32
69
68
6
18
16
25
23
37
44
59
44
75
2
94
20
jo"
19
101
200
11400
500
200
3000
2500
100
8700Gulf
6500
2000
400
2000
200
800
400
200
Callahan
Marine .
3
2
50
11
75
Money and Exchange
New York, Feb. 27. (I N. 8.) Call money
on th floor of the New York stock exchange
today ruled at 3 per rent: high. 5 tier eent: low.
'4 4 per cent. Time money waa steady. AH
raiea were r a per cent Ine nrsrtet tot
prime irr.'sntlie paper aa steady.'
Ca'l money H.' London today was 2 per f-en.t.
HlerUiio el'liantte waa teauy. with blVitre
bankers' bill- at 443'., for demand.
Olympla, Wash., Feb. 27. Articles of incor
poration were filed with the secretary of s.tate,
J. Grant Hinkle, on Saturday by the following
companies:
Twin City Baking company, HoQoiam; capital
stock. $12.000:' Fred A. Tbeuer, William Ed
wards and Carl J. Poppe.
Garrett A Shafer Engineering j-spmpany, Se
attle; capital stock. $150,000: Eoward t Gar
rett. John W. Eddy, A. B. Shafir and George
11 Iw-nimi!)
.1. D. Hoop company, Seattle: capital stock,
30,000: canning and fisheries business; J. D.
Hoop and Dora A. Roop.
Prrrreet Heights Community association.
Wills Waila; no capital stock; A. W Hencock,
(V E. McFarland. J. R. Han. Yictgr Ccyle, Jsck
Mulrane and N. JoNiekson.
Dealer Finance company. T aroma : capital
stock. $30,000: Arthur C. Gifford and Robert
Vaughn.
Leocke A Harris. Inc.. Yakima: amendment
changing name to O. W. Harns company.
N orris Safe A Lock company, SeattJc; amend
ment increasing capital stock from $5000 to
$250,000.
Rial to Garage, Taroma; capital stock. $24 -OOO
; amendment changing name to Standard
Auto Electric rorpors-Uon.
Washington Pipe A Foundry company, Rpo
ktnet amendm1 nt decrea-ing capital rtock from
sma.ooo to looo.
The SaHaa- Tire corporation, Sart 1m-fo:
11 ieerti'iciite of withdrawal filed Febr"iary 2"i.
t uci'i ,,siusiu ni-ai. urs. iaf-oiri. capu4.
tuck. $10,000; Mit tiled Febresry 25.
Famous Players
Fed. Uin. A Smelt
do pfd
700iFisk Tire
lOOjGaston Wms. . . .
lOOGen. Cigars
TOOiGen. Elec
24500jGen. Motor
Glen Alden
(Jen. Asphalt
Goodrich
j Goody ear
oranby
Great North. Ore.
Great North., pfd. .
Greene Cananea . .
Steel
Houston Oil ....
Hupp Motor
Ills. Cent
Inspiration
Int Agr. Corp, c.
do pfd.
Interboro
do pfd.
'.Interstate
1200ilnt Mere.
2700 do pfd. ...
2300!Int Nickel . . .
1400ilnt Papaer . . .
I do pfd. ... .
17800'Inriniible Oil .
4200lkland OU
3 200; Jewel Tea
3410 K. C. Southern.
100 do pfd. . . . .
2000;Kelly-8pgnd. . .
7900!Kenneeott
1000 Keystone Tire .
1600 Lack. Steel ...
200;Lee Tire
2500Lehieh Valley .
SOOILoriilara 132'
270OLowe Theatres..
800'L. A N
9600 Marland Oil . . .
2000;Martin A Parry
2400 May Stores . . .
20000 iMe. Pet
1900. Miami
lMOO'Mkidle SUtes Oil.
300OiMidTa!e Steel . . .
lOlTlOiM. K. A T. Wi.
71001 do pfd. Wi
35
40
93
79
52
81
9
27
18
111
24
113
67
80
10
17
140
81
37
54
62
6
10
5
25
119
11
74
51
87
139
32
33
69
68
7
18
16
26
23
87
45
59
26
44
75
o
94
21
45
53
20
101
113
35
40
91
79
64
80
9
27
1000S. O. CaL
11100 St L. A S. F
4100 Stromberg Carb. . . .
61600 Stadebsker
Swift A Ca
1000 Tenn. Cop. A Chem.
12700 Texas Oil
13400 Texas Pac
6800Tx. Pac. C. AO...
5000!Tob. Prods.
4900Trans. ConU. Oil ...
3000 Union Oil DeL
SOOOiUnion Pac. ......
400Cnited Alloy ......
700 United Drug
1800 United Food Prod...
500 United Fruit
200 Union B. A P. . . . .
500 A. 3. C L Pipe . . .
32900T!nited Retail Stores
1400N. S. Ind. AicohoL.
1800IC. S. Rub.
100 do 1st pfd. .. .
500IU, S. Smelting ,.
346001U. 8. Steel
7001 do pfd. . . . .
5700Ctah Copper . .
500 ia. Chem
100 do pfd.
3800, Vanadium Steel .
300 Vh-andou
900,Wabaah
8000 do A pfd
200 do B pfd
Wells Fargo . . .
2 100 '.Western Pac. . .
00 do pfd
400iBftem Union .
Wist A. B
West Md.
400White Motors .
HOOjWillys Orerland
200 do pfd.
6600 Wilson Packing
1 900 j Wis Cent . . . . .
5004Woolworth . . . ,
700Vorth. Pump..,
200!W. A L. E
2500jWhite Oil
:Money
86
21 K.
96
44 '
102
10.
46
33
8
62
is
135
27
67
3
141
65
27
48
45
55
99
33
94
116
63
33
69
37
7
8
23
15
18
52
92
55
39'
5
26 Vi
41
30
149
46
7
9
5
85
20
"96
"ii"
99
10
46
31
27
52
18
134
27
66
3
140
65
26
43
44 V
54
99
33
92
116
61
32
69
35
7
7
24
15
18"
52
92
55
39
5
26
40
28
148
46
7
9
4
14
21
51
69
59
130
33
88
14
17
100
, 80
24
59
77s
2
5
21
7
66
37
48
54
49
34
74
26
35
32
h 16
8
60
25
77
65
115
13
74
31
20
46
78
3
53
96
1
69 Vi
7
42
22
87
176 j
38
83
30
96
28
42
99
107
10T4
46
81
27
58
9
18
134
27
66
3
138
64
25
44
44 Vi
64 Vi
99
33
92
116
61
32
63 V
35
7
7
24
15
80
17
52
92
55
9
39
5
26
40
28
148
46
7
9Vi
4
RISE
RUMORED
New York, Feb. 27. Gasoline is firm in this
market and there is considerable talk of a pos
sible adrance in price. Kerosene, however, is
eery soft, although export demand baa improved
sughUy.
Sharon. Pa., Feb. 27. The Standard Tank
company has reeeired . an order for 86 insu
lated tank cars. The can are intended for
transportation of high test gasoline, and are
expected to re more all possibility of explosion.
BUSINESS SHOWS
CANNED GOODS
Newman. Til.. Feb. 27. A new- package plant
with a capacity of 1,000,000 eases of corn an
noaily, will bo built here shortly for H If.
Critea A Co.. and is expected to be ia operation
by August.
WOOL
Bradford. Eakland, Feb. 27. Businesa in
tops is quieter owing to firmness In prices of raw
wool. Activity in the woolen hosiery plants ia
well maintained.
Four; More Firms
A Of Brokers Are A
Forced to Wall
STEEL
1 Pittsburg. Feb. 27. The American Bridge
1 company will build and. launch 14 large steel
nrer barge during the next - three months for
building material firms.
r-Bt Paul." Feb. 27. The Great Northern rail
road ha placed orders for 500 steel gondola
cars with the Western Steel Car company and
tor 600 cattle can with the Pullman company.
INCREASE IN FEBT
y tdson 9. Smith
Special Correspondent of Tho Journal
Boston, Feb, 27. The feeling in business cir
elea in New England is decidedly more optimistic
February normally ia a rery ejaiot month and
this year baa been no exception, but many eon
rem report that they are doing more business
than they were in February a year ago. and they
expect March srfB arw improeeraeeit in general
trade, la retail trad the hohday bnnnwl waa
good and held op until the middle of Janftary,
when s setback occurred. It ia probable that
the widespread strike in the cotton mills is re
sponsible ia large part for tbia curtail antt
The strike continued the main topic of in
terest in buatneas circle today. The New Bamp
air. main and Rhode Island mil hi are still
ctceed and - maamfacTurars declare firsabr they
will 'make no eonceaaiou. A pronosal in New
Hampshire for a law limiting the noun cf labor
to 48 a week has met with strong opposition
from the farmers of that state. The mi 1 work
ers object strongly to the 54 hour week in the
industrial plants, but manufacturers say that
so long as southern mills work 54 boors they
hare no alternative but to follow suit
It is believed that if the manufacturer defeat
the strike in the other New England at
Dig uaasacnusetts textile centers wUl announce
wage cuts and increase working hour from 48
to 64 a week.
Seattle.
i' a1
HAT AND GRAIN
Feb. 27. The millrnn of stork feed
has' advanced $2 s ton to $29. Reported
shortage of winter wheat in the Southwest a as
signed as the reason for this rise, which revie-
sents an advance of $6 a ton over December
( prices.
j FURNITURE
New Orleans. Feb. 27. Sales of furnMn
here, continue to exceed those of last year. They
are larger in money value, although price are
materially lower. Last year was a banner year
with local dealers.
New Tork, Feb, 17. U." P.) Four
morv brokerage houoea -went to Ute wall
hera. today. 1
Sufperi8ion of A. R. Smith A Ox,"
Thomas H Crowley A Co.. and 5iewhr
A Wallace from the Curb Market aavj
elation and ot She wry A Falkland from
the Consolidated Stock Exchange was
announced thia afternoon.
Receive rn haTe been appointed for two
New Tork firm. Reitze A Sullivan and
Mosher A Wallace for R K. Guthrie k
Co. of Philadelphia. . c
This is the fifteenth brokerage rua-
ponsion or failure to be announced gdrtc)
the beginning of last week and is the
largest number of security houses to go
to the wall, in so short a time In many
years. Spectacular gains scored ia the
stock market and the investigation by
the district attorney's office into al
leged bucketxhops are believed to have
been partly responsible for many ef the
failure.
BROKERS QUIT
Philadelphia, Feb, 27. Paul K. Guth
rie A Co.. brokers, members "of the Priil-
I adelphla stock exchange, today made an
the I assrnment for the benefit ef creditors.
according to a nouce poeiea on we u wr
of the offices here.
EGGS
Kansas City. Feb. 27. Wanner weather has
brought another fall in erg pricea. The lowest
point this season has been reached, with select
selling at 29 cents a dosen, wholesale.
St Louis. Feb. 27. Increased production Baa
resulted in bringing the price of eggs down to
6c a dozen, wholesale. Retail pricea. accord
ing to neighborhood, range from 28c to 40c
BELTING
Pittsburg, Feb. 27. Lines of goods depend
ent on the steel industry for their principal cus
tomers are showing improvement This applies
to belong and other supplies.
EDGE OFF ACTIVE TRADING IX
WOOL MARKET; PRICES FIRM
Boston. Feb. 27. The edge termed to be off
th active trading in th wool market today al
though the firmness of price waa maiatained.
Buyera seemed inclined to wait development in
the West and the demand by manufacturers.
Many of the latter have not made plain just what
their course will be in view of the fart that
raw material has advanced from 35 to 50 pee
o nt in iaat three months, and there a sou
drubt aa to what extent some of the manufac
turer are covered oa their raw material re-
Quirementa.
Th New York tool totaling about 1.900.000
pcunus has now been cleaned op and brought a
total of $380,000 to the 3600 growers baa been
cciuugned against cash advanced by dealers as
is tbe custom among some Arizona growers.
Territory Tine staple remained around 1 1.1 0 0
1.15; half blood combing at 11.00. Three
eighths blood combin. 7 5 4 80c. aad one qoar
ter blood ooabinc at 65 70c: acorn d basis.
LIVESTOCK
ConaeUsrille. Pa.. Feb. 27. Liveaftck ship
ments over the Cnmberland-Connellsville division
of the Baltimore A Ohio have established a new
record. . The previous maximum handling waa
934 cars daily. For the last 18 days the average
ha been better than 1000 can.
s
JEWELRY
Atlanta, Feb. 27. A leading jewelry firm
which is about to retire from business is selling
its stock st a reduction ot 83 Vi per eent and
on special article is making reducUona of 50
per cent
BUILDING MATERIALS
Philadelphia, Feb. 27. Building materials
and labor costs are almost back to prewar fig
urea here, according to city officials. They base
this statement on the recent bids received for the
new Free library, which will cost over 1
300.000.
6V
FOREIGN EXCHANGE KATES
Corrected daily by th tnrrlga nchange
nartaent of tbe luted States NaQnaal
Quotatsoaa below (except th pound tTtu
quoted oo Uw
enrreocy.
Opening nominsl
of 100 nut
rate oa bank transaction:
Ces trail Store Cfcairet Owners
Centralis. Wash.. Feb. 17. A business deal
was announced today wherein C. O. Gingrich dis
posed of bit grocery in Centralis to Ed Brod-
beck and J. E. Bicker, B rod beck ha been em
ployed in tbe Gingrich store in Che hails.
WA5T8 WIFE TO FAT
Vancouver, Wash., Feb. 27. O. A. Fee
filed a motion Saturday asking the court
to compel his wife, Minnie Fee, who is
suing for divorce, to pay her own costs
as he alleges she owns a farm' that
brings her an income of $500 a year,
while property he owns brings In but
$100 a year and he haa been unable
to find steady employment.
Draft Cahie Far
checks. tranefera. value.
London Lbs.
terttrg... $ 4 42 $ 4 43 $ 4
Pari Franca.. 0.10 0 20 10 30
Bertia Marks.. .44 .44 21 1
teenoa Lira 5.20 5.30 10.30
Athens
Drachmas.... 4 60 4 63 I,I0
Copenhagen
Kroner 20.03 21.00 l 70
Chrwtsania
Kroner..... 17.15 17.20 20.70
Stockholm .
Kroner 2 $,5 5 Sf.eO 2.Tw
Hongkong
Currency 52.75 53 00 ....
Japan Ten... 4 7.15 4 7.2 ....
Shanghai Taeta 70.40 70.70 ....
Canadian dollar discount 4 per cast
PACIFIC COAST BANK STATEME3TT
Clear-. M
BJ Monday
on. $
Persjend Banks
1922.
4TTiJ.014.71 $
S72.447.es
Taoavna Banks
Monday's brank transaction. . . .$ 2.4 60.04)0. 00
teaVU Banks
Clearings, Monday $
Balances Monday $
Oan Francksee Bank,
Clearings Monday $2 ,600.00.04)
Lea Angolas Banks
Clearings Monday $14.I7.2S 00
Oakland Banks
Clearings Monday 1.000.000.00
1091.
&f42 49 03
l.St0.074.T5
0.301.433. 00
1.105.311.OO
Total sal.
$20,757,000.
tocks, 1,138,900 shares; bonds.
Bank Officers Elected
Chehalis, Wash., Feb. 27. The annual elec
tion of officers and directors of the Willapa Har
bor State bank of Raymond resulted as follows:
H. W. MacPhail, president: Ralph H. Bumside
and E. E. Case, vice presidents: E. E. Colkett
cahJer; C. E. Meredith, assistant cashier; direc
tors, H. W. MacPhail, Charles L. Lewis, Ralph
Bnrnside, E. E. Case, H. J. Ellis, F. H. Hart and
E. E. Colkett
COPPER ,
London. Feb. 27. It cannot be said that
consumers' demand for copper has undergone
any improvement and that metal ia usually very
sensitive to the fluctuation in sterling exchange.
The strength of sterling may well have caused
depression It it felt the copper industry has by
no means reached the end of its troubles.
COAL
Pittsburg, Feb. 27. The Somerset cogj fields
now are working at fully 80 per cent of capac
ity. Furloughed employes of the B. A O. rail
road have been recalled to work with the in
crease in freight traffic.
Newcastle, England. Feb. 27. The coal situ
ation continues satisfactory. The pricea are well
maintained and xaany colliers are booked up to
the end of March! ,
' -Jonkman Sues Soa
F.naen. Or.. Kcb. 27. Elle Rubenstsin
suing his son Sam. for dissolution of partnership
in the iunk buseuan. claiming the latter owes
him $250 and refuses to give aa accounting ot I
the firm's transactions.
This list of General Obligation,
income tax exempt, Municipal
Bonds is taken from our general
list, Write for our seneral list,
carries issues ranging in yield - to
uw
38
12
68
153
8
'64
37
"28
35
76
25
71
79
14
100
39
38
2
7
5
15
72
11
49
16
1
18
27
53
40
2S
16
43
28
61
38
12
68
151
8
62
37
27
34
75
25
66
78
14
103
38
88" "
2
6
5
15
70
U
43
"l5"
'Mont Power
1
17
26
53
39
27
15
45
28
58
151
13 1 12
. 11S:113113
28) 27 28
27 2fi ' 28.
109 111
120 jl20
26V41 28
13 I 13
29 29
11 11
33) 33
65
181
110
24
113
58
80
10
17
138
81
8
37
12
68
150
8
44
62
37
10 Vi
27 14
34
75
25
69
75
14
100
38
9
38
2
6
5
15
70
11
49
80
15
1
17
26
53
39
27
15
45
27
59
150 -
13
W2
1
Income Tax Exempt
We own and offer a fine issue of
bonds of a prosperous California
at prices to yield 6Vi.
serial
town
Freeman Smith & Camp Co.
Lumbermens Bldg., Portland
Please send me details of your Califor
nia City bonds, priced to yield 6 16
Income Tax Exempt
(Name)
(Address)
-I
111
124
27
13
30
11
34
Sand, iGrayel, Crushed Rock
and Crushed RockScreenings
Phone Your Orders East 926, Automatic 21 5-05 '
PROMPT ; DELIVERY
Columbia Contract Co.
Foot of East
Salmon St.
F.ureae Man Files Bankruptcy
Eugene, Or., Feb,- 27. A petition of batik
niptoy ha been filed by U A. Tobias, who
claims that ha asaeta are leas than $100.
Stocks, Bonds, Cotton, Grain, Etc
316-317 Board of Trade BuOding
Overbeckfe Cooke Co.
DIRECT PRIVATE WIRES
TO ALL EXCHANGES
Members CO era go Board of Trees
' Cerrespeadeata et JLogaa A Bryaa
. Caicase , Sow Tors
F.WeBaltes
r Company
Printers
We offer an expert
service
to meet your
individual needs
First and Oak Streets
Bdy.7165
S116S
Kingdom of the Netherlands
(HOLLAND)
Fifty-year 6 Sinking Fund Bonds
Dated March 1, 1922
Non-Callable for Ten Years, Due March 1, 1972
Principal and interest payable in dollars at
current rate of exchange
These bonds are tbe direct obligation of the
Kingdom. Holland has been for centuries one
of the foremost financial and commercial pow
ers of the world. Amsterdam, the capital, occu
pies a position of international importance.
Price $940 Per Bond of 2500 Guilders
To Yield about 6.15 to Maturity and
6.30 if called in 1932.
ilyth Witter. & Co.
Fourth and Stark Streets
Broadway 6481
The advance of high-grade munici
pals toward permanent higher levels
makes it verj advisable to invest now
in long-term bonds.
Income Tax Exempt, Yields to 5.90
Due
Gilliam County, Or., 5j4s. 1942
Pacific County, Wash., 5l2s 1929-32
tyji
1934-36
1938
1939
1937
Portland (Imps.) 6s.
Union County, Or., Roads 5j4s.
Wallowa County Roads Ss. ..
Baker County, Or., Roads 5s. . .
Clearwater, Idaho, Highways 6s
Gooding Co., Idaho, Highways 6s. 1931-33
Wasco County, Or., Roads 5s 1929
Pendleton. Or.. Imps. 6s. 1932
w ' a,
. These bonds are in $500 and $1000
denominations. Amounts are limited.
LUMBEItMENS
Broadway and Oak
Yield
5
5.10
5.oo
5.00
5.00
5.00
5.90
5.90
5.00
5.20
TO SAVERS
Upon a small first payment, tve -will reserve any bond
of your selection for purchase on convenient terms.
You receive full mtereston whatever you pay
in.
CITY OF
HOQUIAM, WN.
10 yeaf 7 Improvement Bonds
Lincoln Paving District No. 316
Dated Jaa. t, IttS. Estimated Metarules I to 10
Principal and Annual Interest payable at Hoqulam.
at the office of Morris Brothers' orporaUon,
rears.
wn- or
PortlarwrT
Oregon.
DESOMIISATIOX I1M0
"I "
PRICE rJ N
y -vT
YIELD 7 T
U PAY
t -i
VIXAirCIAL STATEME3T
Aasesaew Talaatloa FaUre City tf.M.0e
Assessed Talaatloa Tbis DUtrirt 204.430
Beal Talaatloa This District
Me
Hoqt-xiarn. with a population of orer 10.W. is the principal
mill and manufacturing city of Southwestern Washington,
having- a monthly payroll In ezcewts of 140.000. It is adjacent
to 12S billion feet of spruee. fir. pine, cedar and hemlock,
which is aasuranoe of vast prosperity.
Telepboee tr Telegraph Orders at Osr Expease.
MORRIS BROTHERS CORPORATION
Morris Building
Broadway 2151.
309-311 Stark Street
Safe Deposit Boxes.
Portland Oregon
....4