j .: 14 ;,'..v:ri;,,, V. J- . . j Vjlt j I . THE OREGON.-. DAILY JOURNAL PORTLAND, OREGON. - ' , , ' : ! e'-Vr 'TE
GENERALLY. WEAK UlDERTb'NE'-S:SpfQyN;jIN STOCK MARKET TRAdlNjG AT NEW YpRKjQENlKG
TJJESDAY MAY. 9, 1S22.
ID H FORGED
; III STOCK MARKET
f
mi-.- . r-,
WaH afreet, Jfew Tersv May . 1 ree
tiom went farther n the stock msrket today ami
the deciin was sharper, sod involved snore real
' I selling ths had the
I 1 ?Tt downward mMntst of
waa entirely eSeer.,bowH
ever, that tb (two of
weakness lay wnhin and
Bat without thm market.
It wu the logical -quel
to a .speculation
for th r carried to
excess. For sem time
paxt th fact haa been
qait trpunl that,
under exceptional stia
ultu afforded by the
loweat money rates in
five yean and by the
greatest investment bay
ing movement ever
ammtt Wall street sneo
latora -we overdoing thing. Tory were posh
Int up stocks faster and farther than was war
ranted .by: the. improvement in general bosinss
eondittans. Beslixing -this, the same shrewd io-tm-tA
which bought the blue tun of last
summer and autumn and during hs. period
round the first, of' this year when the ceneral
t of sentiment was still skeptical, passed over
saod aeany wf their stocks to enthusiastic ut
plated outsider. f t ' ,
frp)Bn Kxehange Hither
f On Monday it can Id ha ye been as id that the
niteertatntJe surrounding tb oacroui of the
Lerio conference were -an influence helping the
decline in storks, bat 'hi was certainly Met
trne- today. Toe quarter where financial judg
ment on international , political e rents is most
carefully registered is tbe foreign exchanges.
These were . ail decidedly stronger. Sterling,
franca and .lira recovered the (reatar part of
Monday's toss. - Kven iennan marks Joined in
the recovery. The explanations scarcely lay in
(the latest news from the conference itself.
V . The -aftealirm hfAr tha Kr-rwh and Ruutan
fjeprssentati Tea as to wbe will rente out into
Jh
t;
open first has obscured the situation. How
S'rf. a btuet feeling was obrious ia the ex-
(hsnce situation.
Cheek In mnd Trade
Tbe bond market did not show the weakness
that the speculative pofRm of thav stock market
Viowed. Kttir the cher to- lh adranriiic tend
nry of prices was avsin errrphasiied in all direc
tions. . Liberty bonds held up well and so did
jnost of the foreign forernnient issues, but th
isjlwsy list and the rer-reaentatvre industrials
It the effect of the declines ia stocks. The
cac may not hare been rear Oed where the out-
ut ol new semriuea may be eharscterued as
nnf Sims too far. but the comoetltlon whirh
his has brouaht about for the older established
-sue' for the last month has bees telling, asainat
ne utter. .
Law PHce at Noon
On the stock ezchanse the low ericas were
ache4 soon after midday. At that time the
Smncipal speculatire issues were off all the
ray from 3 to 5 points from their malis of a
ortnlcht aco. This was a very substantial re
ictiotv and undoubtedly . meant a Kootl deal in
he . way of correcting recent rneculaaire cx
raTacancies. Apparently .there was antn bsyinf
ack . of rtocks so id" at '.the tirae the- market
ra rushing violently forward- in a . series of
nulioa-ahare days'. This., with the support in-
f-uient t short eoTrrmg. brought about tbe lm
Lraremeot of the afternoon.
NEW HAVCN CIOK rtlOH
There were several interesting features in the
tm dealings. . One was a new high record for
Jyievit ' of the ' road's prwident that satisfactory
n ingress was oerng maae in tne reiunaing or
- per cent foreicn Joan.
-f Today's stock- market went thraugb. a series
arf i rather sharp fluctuation. wuMting up with
the general average somewhat lower, but with
the mora important issues very little changed.
There waa a r-U of weakness luting through
th forenoon and at one stage the decline was
firetty sharp. This waa succeeded by a rally in
the afternoon, which held through to the close
and th final ton waa steady.
BUSINESS BRIEFS
By La.d Wlr
2 New' Vorfc, May . Arbucki Brothers have
dvanccd tbe price of refined sugar 5 points
It 6.860 for hard and .29. for soft.
Th Atchison, -Topeka Santa Fe's revenue
retght loading last week were 88.S78 cars
!vai against 27,JT the previous week aud 2S,tflr4 a
i - year ago. Loadings so rar this year are one
4 - r.d a half per cent ahead of those last year.
Dussv 1 Coffee was Quoted May, 10.30; July, 10.00;
v - Teccmberv 9.50. Raw sugar: May. 2.45;
Vs" July. September, 2. 5i December. 2.00.
. .jfe KeHined sugar: May. 5.J2: July. 5 83: Sen
na ber. .li: December. 6.00. , .
I
Seme hot-rolled strip steel business m three-
ich sixes and narrower has been taken hv a
twrtrfucer at 12.25 per. 100 wands compared
with recent quotations from $2.00 to $3.10.
roriuccrs predict, higher prices for tin .olate
tin th next 10 days.
-s
Manufacturers Ijsaht a- H-it
Pitubnrg report a torrilus of 774,"1 for the
tiiree months ending March 31. after dividenOs
f $400,000.
1
I X syndicate has been formed to underwrite
a! new issue of I10.500,U00 ia Interboroagh
Hapid Transit, 8 ir rent. Hi year notes, which
are to k-e issne under the readjustments plan
of biterborough-Maohattan relations.
? Th Standard Oil coaipany of Kansas haa
atclgred the regular quarterly dividend of $3
t. t hare payable June 13, to stock of record
of May 31.
,1.
Th hank' loans of the Si
.tnl eompany which touted $11,075,000 at the
! bt 121 June been wiped out.
- I THv Famous P&yers-lAxky company declared
Use regular quarterly dividend of $2 a shore
th common stock parable Jn'v l to .t.k
t( record June 19.
t( TWO
JTh
- . , , , . -1 .uwniiicni an
iS aeaiate lnereas in grain rates of from 1 to
Hot: from Chicago to Kort Uolborne and the
iot:frosa t'Wt William to Montreal.
i Thm ProdueUon schedule of the Hudson Motor
eropaay for May is 8 per cent above that of
'prtL Before the end of June more -Hudson
a- r-serx ears wui nave been made than
ir wool year ot i21.
in
I Xesr 1
Money Hi xhanr
Tork. May . ft x. R. 1 Can none.
a the floor of the New Tork stock exchange o
ay ruled at 4, per cent; high. 4 ner rent : low.
m: pee cent. ;
Tisse money waa quiet.
Aih rates went 404 H per cent.
Th maiket foe prim inercsniile raoer n
fctiet.! .-
1 faa money i itoodou today was 1 H per
ent t -. " . - ;.-
I Sbsrlia exehanewt was n-nimt with h....
rankers' bin at 443 S for demand.
WALL STREET. STOCK QUOTATIONS
Beported by OverbeclC Jt Cooke Cjo. Board of Trade y
(Wall 8treet Journal Fluaadal Ueriew)
- 3Cw- Trk. My f -tC." F.)-e-HTy1
elliV a:al" brok t bo' th Mdai
trtavl leader th Hew If rlc Stark Ex-rhaag-e
today riac the auoraUa; frad-!-.
Farther 4(tUiu in icsrtl 7
Stade baker. Cora Frnd acts. Said wla,
)txiraa 'Prtrelcaaa aad . other laa
btmiImiI the reeeat adraaee. .
Coaalderta; th fact that th liaalda
Uom ef anataatsai. katdiars trwat mm
tkr 'Stock uhgag faQare Had to
eatabllgned la oBBtloT rltk th latest
profJt taking-, ta rltat- aeUlag; for
sfeorf aeeoaatc, the laihrhet held aa la
gwwd faahloa. - ; . .
Darin; thafleraa th vrhol anarkct
toadied aader tie to Ha e aco of gtreaa-th
1a St Hare a, which rneaated tea aew
hla-h tor the year, followtaa; President
Foaraoa'a statement that aatlgfactory
progfress was betas; atado la tb matter
of refaaulne; the coanpaay's Earopeaa
loaa. . .. - i: .
8enUmea was heartened: by to state
ment of banker at the coareatloa at
White Salphar that a rrat feellag- of oa
tlmlsra rei-ardiaa; the alness aatlook la
preralllag: throag-aost tb"eoVatry, with
predactloa la moat line aarala stlmalat-
ed and sales rood.
Bales.
STOCKS :
200jAdsms Ki press
100
too
00
ioo
3ioo
300
290u
800
SfOOi
100
300
.2200
200Am
100
3000
pfd..
Am.
Am.
Am.
Am.
Am.
200 U
100 Am.
COOIAm.
1700Am.
2400
Am.
Am.
v60
140O
300JAm
600
SlOO
250O
Advsnee Rum
Advance- Rum
Agr. Chero
Agr. Cbem. . pfd.
Aiax Rubber
Alaska tioki
Alaska Juneau . .
Allied Cher. . . . .
Allis-fhalmers . . .
AUts-ChaJmers pfd .
Am. Beet Sugar. . .
Bosch
Can -Co
Can Co.. pfd.
Car Fdy. . .
CarJkFdy. pfd.
Cot. Oil
Am. Cot., Oil pfd. . .
Am. Drug Synd. . .
HideJtX. . .
Hide i. pfd.
Ice
tati. Corp. . .
Linseed ....
Loco. ......
I-oco. pfd. . . .
Am. Saf. Razor . . .
Am: Hhip Com re. .
Smelter
Smelter pfd.
Hnutf
Steel Fdy. . . .
Kugar
Sugar pfd. . .
Sumatra
T. A. T
Tobacco
'B
2200 Am. Wool. .......
300j do pfd . . .,-
2frU;Am. W. P. pfd-....
800 Am. Zinc
7 800 Anaconda
600 Asad. Oil
3800 Atchison
400 do pfd. -
100 Atl. Coaat line. . . .
1800Atl. J. tz W.
10000. Baldwin Loco. .
do pfd
lOOOBalto. & Ohio.
300 do pfd
800jBarriuall Corp.
.2900:Beth. Steel "B"
6900iM. R. T. . . . . . .
" 74)0 1 Butte C. & Z.
lB00BuUe & Sup. .
1700 Barn Bros .
1200jCaddo Oil
2uOCelif. Packing. .
800;Calif. Pet. . . . .
300.- do pfd. .'. . .
Am.
Am.
Am.
Am.
27v0jAm.
100 1 Am.
ISOOjAm.
500;Am.
ISOOIAm.
1500 do
t. .
2K00
-00
3000
Can. Pac.
ICen. Leather. . . ,
Cerro de Pasco.
Chandler Motor.
ISOOIChgo. it N. W.
BOO Chgo. Ut. W .
200 do pfd. 1 . .
. 700 Chili Copper
2 1 0 CUino
2100 C. M. St- P
28001 do pfd. . . ,
14S00 Coco Cola .
8000 C. O. ......
100 Colo. F. at I
600 Coto. Southern . . .
3000jCoLGae & Elec. . .
blOOfColumbat Graph. ..
8S00Con. Uas t . . . .
jCons Cigars ......
I do pfd.
SOOjContl. Can
Cities Svc Bankers.
17400Corn Prod. ......
500 do pfd. .......
4 60O!Codn Oil .
6600IC. R. I. A P
do A pfd
I do B pfd.
lOlOOjCrucible ........
I do pfd.
SOOjCub Can
800 do pfd
2 100 Cuban Am. Sugar .
I Dei A. Hudson . . . .
jDome Mines
2600jll. & Lack.
2000iDarivn- Chens. ...
"OOjF.ndicott Johnson . .
S.IOOjErie
1400; do tut pfd
600. Elec: Store Battera.
330tFamou 1'lajcr.i .j
lOOiPed. if. A. Smelt..
40O, do jud
8500 Fik Tires
Miairton Vmj. ....
SOOitien. Cigars
lOOO'tSen. Ktec.
lC40O(Cien. Motor ......
600 do 6
4SO0jGen. A-phalt . . . . k
400 Goodrich
300 Granby
8000 Jt. Nor. Ore.
23O0 Gt Nor. pfd.
iireene Can.
4700 tiulf S. Steel
..... Oen. Alden ......
2400 Houston Oil
100 Hutt. Motor
SOOinb. Cent.
1 S00;inpiration
lOOjlnt. Ag. Corp. c. . .
200! do pfd.
SSOOjXnterboro
e7Oi do pfd.
500tlTnt. Cailahanr
100; Int. Harvester ...
...,.( do. pfd..,...;
2700. Int. Merc. Marine..
3500 do pfd.
" 4 600 tnt Kickel
2700Int- Paper ......
! do pfd. ........
320OiIrlv. Oil
1 2 0O Island Oil .......
4 (W Jewel Tea .......
150K. C Southern. . .
100 d pfd. . ,
4600 Kelly Spnd.
4400!Kennecott . . . .i ... .
4700 Keystone Tire ....
200 Lack. Hteel
P001 Lee Tire . '. ......
2700;Ihgh Valley j...
. . . . . jLorillerd . -i
aOOOjLoew Theatre ..v.
" High, j Low, 1 Bid.
651 63 t 64 H
1714 IX 16
. 45
40 . 391 39 4
68 67 68
17 4 16 Ts '16
1 H 1-1 . Hi
66 65 5s 66
4s 48i 48,4
ts'i 97 7
$8Vt 38 '4 38
47 46 46
47Ts 47 47H
194 H 104 4 104
161 160 160
120 120 119
26 H 26 25 1
; . 55
6 5
13 15 14
67 68 67
103 102 10314
44 44 44
33 82 33
114 114 11414
iiviiie ii6
' 7 s 7 71
17H 17 17
38 V. 57 67
98 8 98
182
89 88 38
74 73 73
103 103 102
85 33 83
122 131 121
143 142 142
138 138 138
92 91 92
106 106 10
84 33 88
18 18 17
53 52 62
123. 121 122
100 99 99
91 91 91
lot 101 101
30 35 86
116 114 H6
J i 1112
47 ( 46 461?
60 60 60
46 43 44
73 77 78
25 24 25
6 6 6
30 29 29
135 135 133
12 12 12
78 78 78
66 65l 58
1 97 1 97 1 9614
141fl41 1141
37 38 36
8 38 36
73 73 73
74 74 74
8 8 s 8
21 21 21
20 19 19
28 27 27
26 23 26
2 29 I 42
58 53 57
. 83 64 64
38 82 32
. 48 43 48
89 87 87
4 4 4
119 117 118
26
60
66 65 65
24
101 99 100
1116 116 116
43 42 42
) 43 43 ! 43
I I 93
Sales.) STOCKS
At
V.
.....jL. v
lOOO Mariand O l
lwOe Martin ds Parity
uvo;Mey Btores -14800iMrx.
fet. .
110O; Miami . . .
79wtMidai Btstee
8609 Midvale Steel
4oOM. K. A. T.r Wi
809) do pfd- Wi
40wjMont. Fewer
SZOttiMeat. Ward .
2100.MO. Far. ...
10OOI da pfd. . .
190;M.8t.P.aV.S.9 M.
n woi.or. icn. . .
. .... t-Natl. Ulacuit
800i.Vat, name I
700.Xat. Lead ..
0U' Nevada Coa.
7500.Nw Haven .
300i.Norfolx V W
220OlNor. Pac.
. .... jNoea ftootia Hteel. .
300'N. T. Air Brake
28O01N. T. Central
25OiOkla. Prod. ref.
lOOfOnt Silver .
700 (Oat. V W. .
SOOjOti Steel . .
2400iPae. Dev.
ZOOiP. . eV .
SOOiPunta Allegr
8 1900 Pac Oil
High.
36O01P. A. Fet-
400 do. "B"
2160 Pa.
.2600 Peo. Gaa .
1 500 Per Marquett
4800 Pure Oil . . . .
3200 Phillip Pete . .
1600 Piere Arrow . .
18S00,Pierc Oil . . .
1400 'Pitts Coal . . .
2t00,Pittv W. Tai
I do. pfd. .
200 P. S. Car . .
800 Pullman. . . .
10OO Ray Cons. .
6900 Reading ....
; Remington .
5100 Replgl. StL .
8500'Rep. I. A B.
100 do. pfd. .
lOOiRev Moton
8300Royal Outrh
8OiBy. StL Spa.
600!Saxon Meter
1 8 00 i Sears Roebuck
. . . .(Shattuek, Aria.
200 Shell T -eV T.
2 1200! Sinclair ....
....'. ! Stand Oil Ind.
'28005S. Oil N.J. . .
I Sloes gnei.
480vfSouthrra Pacific j . f 91
ZIOOiSouthern Ky. ;i. .1 24 I
4808Undard Oil, Cal.l 1 S '4 1 1 H
2700St. L. A 8. F. . .. 80 I SO
OOO'Stromberg Cartr. . . ( 64 f 63
Oil.
f - -
Lew. 1 Cfe.
. 4 . . lA 9Vi(
89 31
92 91
11 !
33 i S1H
69 I 64 H
89 B9
8 H
64
100
3
75
I.
46
80
189 186
.I'.j.
.:.llvmifOTSlltl
I.I.I. llUii
Chemj 1 1
,. 48
-l 3 I
.;,.t. 29
..I 67
A. :.-12
i, - 22
137187
i a o so
. . . .... .
4l
llUl 11
46 47Ss
35 I 3S4
2 294
12
22
1 66
1 11
I 2
13Tf
I 84
I 4T4I it
1391,
I 64 I 63!
I 88) 33
i'61 6fs
I 47t 4
I 68! 64 1
ijioa I94ixoof
.;. 89 39 391
98 7 97H
118 118 l.l8ts
, . 66 6i 65 H
33 38 38 li
.. 78 77 771
,;. 47 45 48 1
.. 13 12 12s
,'. 11 19 10&
.!. 81 31 181 li
, . 21 31, ; Vl
K 22 'i'ai 21 li
62, 60 61 1
. . 99 98 98 1
B. 95 95 95 1
. . 83 61 62 ti
. .1 11 10 1014
48 47 471,
8 7 8
I 39 38 39
1 45 44 44 fa
) , . . 28 I
u -166?-.
52 52 51.K
11 111k
10 I 10
iw.i 12
;.,! io
1 81
I 68 67 ) 68.
. . 93
I 15 lol 18
32 32 32
I 21 21 21
1 121
I i 27
!117;il5 116
59 I 58 I 58
83 R2Uf 82
13 , 13 18
23 i 22 23
172170 170
I 81 79 80
i2r 12 11
44 (43 43.
18, 18 18
-
72 71 71
166 163 165
13 12 12
82 81 81
62 61 61
40 40 40
27 37 26
89 88 33
73 74 74
SO
84 81 82
49
80 77 78
18 18 18
105 104 104
41 40 40
11 11 11
40 40 40
2 2 2
6 5
8 7 8
98 96 95
112
24 23 . 28
83 82 82
17 11 J7
61 60 60
86
18 17 1T
1 1 t
20 29 20-
27 Ts 27 27
68 58 87
61 50 50
88 33 83
23 22 22
60 63 69
83 33 33
62 60 1H
..... 149
16 16 1
w.
' .You will enable us to give you better attention
by allowing its to figure iVQWVon the Gasco Furnace
; you are going to install. - ' 0 -
f
i-
1 II )
k 7
r ' '
!
! I
I I" 3 ' '
I K " '
l .. ie
i
t . i .-
i . :--
hamdwritin on the wall" indicates a hi rush in a
"few -months. Let us get yon waited on before the Rush;
You need not, pay now. Terms can be arranged.
PORTLAND GAS - Sc COKE CO.
weak, and a eain of
corresponding week
Bid.
Aria. Com. 9
'Adventure 60
Ahmeek.. 61
ASgosaah. 29
Allouex..3
Arcadian. . 8
Bine Mns. 15
Balakslla. . 3
Cai-atAnx. so
CaLsUM. 70
:a Raw. . 40
Davis Dal y 8
Daly West 2
K. Butte.. 11
Frank. Mg. 2
Hancock. . 3
Helvetia... 1
W. Creek 110
Keewanaw 2
Kerr, Lake 3
Lake Op.. 4
Ia Salle. . 1
Michigan. . 2
Majw. Con . 3
Mohawk t. 56
M.O. Col. 5
26400Btudebaker
-. . (Swift aV Co.
1600Tenn. Cop. 4
34 00O Texas uu . . .
22OiTxas Pac. . .
7900 do C.erO.
2200lTob. Products
308O0Tran. Cont'l trU
7winjon tiu. uei,
700Cnion Pacifie
2000j United Alloy
. . . . . U nited Drug
HOOjl'nited Food Prod. 1 6
ooo;. mua rrutt . u..I40
. 300 Cnion B. A P. I . . 65
1400ft'. 8. C. A Pip-1 84
2100L'nitcd Retail Storesl 62
200U. S. Ind. Alcohol 49
430:l s. Rubber .i.K. 4
luuioa jbi pta. . . . ,
auui. o. smelting
17100 C. H.eel . . .
800 do pfd. . .
SSOOjUUh Copper
1001 Vs. Chew. .
200 do pfd, . .
5500!Venadium Steel
1500Vivndou
4 00 Wabash
X700I do A pfd
100 ' do B pfd, . .
iwells Fargo . .
4 00 j Western Pae. .
600 do pfd.
000 'Western Cnion
200 Weninghouse A.
4400 do K. A M. .
200West Md.
OOOiWbite Motors
2 7 00 1 Wiliys-O vexland
3001 do pfd
SOOIWilson Packing
Wisconsin Central..
Woolworth ... L ,
1 0O! Worthing. Pump .
1000 W. A L. E..
ISOOHvbit Oil .
Total sale Stocks, 89700 shares.
Total Sale Bonds. $17,625,000. ,
NEW INCORPORATIONS
Saleni. Or.. ' May" 9.---Cpitariged' at ' $2805'
000. tbe Nortte Portland Wooden Ware A Coop
erage company filed article of iaeorporetifn
with the atate corporation department here Mon
day. The incorporators are . C. Griabie, Otnr
C. Spencer ana tnarie man. ,
Other incorporations filing articles were: J
Port Orford Cedar Separator company. Marsf-
field. $10,000; C. U Mcoud, K. . Wourifty
and 3. T. Brand. ! Hi ' ' I
Jack King Rheumatic Remedy company, Port
land,' $5000: Jack Kin. C. P. eion anp
Nannie M. Nelson if
A certificate fUed by the MaranaB-WeU eer.
pany, a -ew Jereey rv, -.
erease tn capttauaauon inn e -,v vj
$15,000.000. . -. .Ar
An- Snerease m cipnu irom ,w w -
000 is shown in a certificate filed by tne ewe
Review company of Roseburg. ; !
Resolutions of dissolutwn were filed by th
Economy Wire A Tie Manufacturing eompan
of Portland. ,. . . . . ., . f
The To veriest Iiairy at ssaraet oi s-enaieton.
eapitalixed at 310.000. fOed articles of Inco
porauon witn uie sive icomojo
here Saturday. The incorporators are L. 1 8.
Ramsdell. H .8. Crispin ana ien rx. stooeri, js
Pinner BeU cateten,! roruana. iti.vvv;
I GriaseL S. 8. Kirkpatrlc and W. i. riameo
Loei M. Baxter. - E. W.i Kirkpatrick and W.;
Harrison. h. i
1 " !' , '!'.
SAVINGS TJEPOSITbv xs 1 SEMBEB
BANKS SHOW LAEUE
Total resources of th reporting member hankf
ta the reserve cities In 'i weiiui leoerai re
serv district aa of AprU 26, 1622. are appro
imately 48 per cent of the total resource of aB
banks and 63 per cent of b total resources of
all member banks in the district. . I
Time and savings asponu ivr i'f
April -20how an. increase; of 82.9OO.0O0 con
pared with the previous
Sl,V2v,vuv ssaia w
i4l
iv.l.t m .1. fjil "vnaarve bask.
San Francisco at the etas ot busines week j of
May 3. 1922, according to a statement just i
sued by the bank, acow a Bain oi .e.w.i"
over the preceding week and a of T.136
000. compared with th corresponding week : eg
1921. Total gold reserve snow a- gaua i oi
$1,459,000 compered with the week befor anj
a ..In or IlS.Bas .COBlssnn. wiua w imrw
tag period of 1121. I - :
Saady Lamber Compaay Heammes
s.mtv Mav 0 -Th. gaady. Lumber eomp
of Brtghtwood -started miUing operatioria todxr
after being eioaed down for about a year and K
half. The first order Is two weeks' runof
lumber to build a Hume on tb Big Sandy. Th
is the ktrgeat mill this seotion and will gi re
employment se many local; laborers.
Gen. Wood taRemai
In Philippines Unti
End of Present
ManH; P. X. May1 f.--(U F.) Majoi
General Leonard S, Wood win remain
rnvernor of th IUllplna IBiaaoa
tb end f 922. be declared ta a state
tnent here today. Ha toad beers askedi M
Indicate . whether , he wouJd remain a
governor of the Islands or return- to th
united States to taK up woric wim w
University of Pennsylvania, : . , i
"it wroukl be imposaiblo for me to cotn
plete . the work ' which 1 1 have started n
time- to nermit m to i leave before the
first f the year" General Wood de
ctared. ' . I- ti 14 .--If-Ur;.
. "I mav stav lortreri! ;i T ' v -i A
."It would be -a betrayal of a pubUd
trust for zne to leave sooner." r- 1 vl
Wood's decision win be cabled formal
ty to Washlnrton before the end of this
General-Wood baa Just returned froni
a trip through, three ! provinces and de4
ctared that be toeUevM. tn ouuooit Dps
peaceful elections in Jane was brisht. i
1 MOTHERS TOlBB CCXST8 i,
University of Oreron, BareneJ May iff
Mother's dar win -observed, on th4
Orefcon campus withi a 4"mothers weeW
end," several score of mothers will visit
j tl:e campus and a special vesper- aerv:
NEWYORIt EXPORT
TRADE
MPROVH
- Mr wemss AIMrtcst, :
." ' f Special Cot respondent of Tb Journal)
New. Tork, Hay 9. Exporf business through,
this Dort i bnghterdn! perceptibly and tnisv is
having an improving effect on many eomsaodity
tee. Heavy stocks ot textues rtave eoea rw
duosd and coasumption la mow believed to have
com srthia reaching distance of production. As
a result tbe markets for cotton cloths, silks and
woolens era stronger, sales are largar ana prices
axe higher: Toe price advances. However, nave
not kept pac with th advances ia raw cotton.
silk and wool.
Kelail trad baa responded strongly to the
are xeasooabl weather this week, but th
voium of spring clothing disposed of has been
far under aormaL Anticipation of future re-
ouirementa, however, ts now mom ot laexor
in most of the wholesale markets. Bnikiera are
scrambling for. bricks 'which ar in scant supply
and all buiMing raaterials are firm. - Trained
worker in th building trades are ia demand
and many are commanding boa uses. Carpet
and floor covering manufacturers ar extremely
busy and hardware merchants are moving goods
u increasing quaatitiea. Th general outlook in
th . hide. Leather and shoe markets is brighten
BOSTON COPTEH, SHAKES
(Reported by Orerbeck A Cooke Co.)
Ask.
0
100
62
5
26.x
8H
IStt
5
,
272
404
8ii
3
. 11
24
S4
1H
111
2
. 4
4H
Bid.
Mas. Talley 2
N.Butte.. 12
Nipissing. . 6 T
k. D. Cop. 24
MJseolaMg. It's
Obijawa. . . -i N.
lUuin. Bnj.
Isle Koi ai , as-
8. Lake... 44 H
Sup. Bostan 1 H
U.S. Men. 41
do pfd.
;S. Utah . . .
ip. Cop. .
Thin. Cop..
Tuolumne
Ctaa Con. .
U. S. Mns. -40
do pfd. 4ii
Utah Apex 3
Ventura. . SO V4
3
3
68
25
8
3
lli
S
2 (Vict,
Winona. . .
Wolverine
Shannon
1 a
1 H
12
90
Ask.
12H
8
24
33
3
44 54
34
45
14
41 ,
26
10
. 34
2
65
3Vs
40
46
3
804
34
1 U.
13
100
0 FOHEIGJf EXCHlXtiE RATES
Correoted daily by tbe foreign exchange de
partment of tbe United State National bank. . .
Quotations below ( except the pound ster
ling) are quoted on th basis of 100 units for
eign currency.
"Opening nominal date on hank transactions:
Draft Cable Par
Checks. - Transfers. Value.
4.43 H $ 4.44 6 4.866
9.08 9.09 19.30
.844 .344 23.81
5.28 H 5.29 ' 19.30
London
Lbs. sterling
Paris Franc
Berlin Marks
Kenoa Lire
Athens
-Drachmas .
Copenhagen
Kroner . .
Chrtstienie
4 Kroner ...
Stockholm
- Kroner .
Hongkong-
Currency.
Japaa Ten
Shanghai
Taels
Canadian
4.30
21.20
. . 18.72
. . . 25.75
. . 57.00
. . 47.25
. . . 78.00
dollars discount
21.25
18.77
25.80
67.25
47.40
78.30
2H
130
26.76
26.70
26.70
per cent.
TACIFIC COAST BA2TK STATEMENT
PaetUnd Banks
1922 1921
Clearings. Monday . .$5,215,372 $4,718,378
Balances. Monday ... 1.213,173 793,494
Clearings Tueaday . . . 4.140,859 ' 4.383,403
Balances Tuesday .. . 607.141 782,450
NEW YORK BOND TITANS ACTIONS
Reported bythji Jurol,s WH 8tret Bareaa
Wall Street, yew Terk, Msy FI
lewlsg: Monday w aaeeessfal coaatry
wide ffriar of aaether fssa t IM
HMM 19 to ts-year federal land: aak
per eeat beads ew flaaacla teday
acrr$-Bted ealy m few saiUlost' aad was
eoaflaed .for the saost part to mbllc
tiUty aad tadastrisl enterprises.;' The
Ter-sahterlptloa ! ef tlr. Strstherg
Fmraaee eomaaay first Btort-a; ! slak
las; 'sad s per eea-t beads was reported.
Aa lsa of Sl,$,9 Paalop Seas
year first xaortga- 7 per rest ciaklar
fmnd ol4 boadg was plaeed at ! and
iatereat. A 1 syndicate offered Slris,
949 CoatJaental 3as Electric corpora
tloa Si-year per eeat refaadlag; gnert
safe boads, Series A, at t$ sad accraed
laterest to yield aboat M per cent.
Forelga external leans remained lr
res-alar with hearlaess ia Preach j TH
Belgian also deellBlagv Danish ma
siclpsl lost more i gromsd. United Klar
dom VA were ftra. The 1921 jtosne
reached a aew h:g-h for the yesr free
Uoaslly aeross Its. The raited States
gwrerament bosds: kept actlvs around
Mosday's best prices. -
NEW TORK BONDS '
New Tork. May 9. Following ia an official
list of aH bonds traded in on th New Tork
stock -tcfaange today with prices and sale up
to ana including the rlo-e of th market, i Total
sale today were $17,993,000. against $16.
722.000 yeiterday. 417.619.000 a- week ago,
$12,189,006 a .year ago and $9,858,009 two
years ago. -
From January 1 to dale $1,749,524,000
against $1,045,4 72,000 a year ago aad $1,353.
872,000 two yean ago.
L1B1--K T Y BONOS
(IB $1009)
. - 1 -
99.44
99.49
99.94
99.94
. . . 99.50
. . . 99.84
. . . 99.78
. . . 99.96
'38 99.76
. . .100.38
. . .100.44
liberty 8Ht '32-47.
do. 2d. 4s '27-42. .
do. 1st 44s 32 47
do. 2d 44s "27-42.
do. reg. '27-42. . .
do. 3d 4 "4 s '28 . . .
do reg. '28
do. 4th 4 54s '88. -
do. 4 tli 4 rg.
Victory 4s '22-23
' do. reg. '22-23.
do. S . s '22-28 .
FOREIGN
Argentine Govt. 7s 45 - - . .
do 7i 27
King, of Belginm 7H 46
do 8st rets. 41...!
do 6s 26
Chinese Govt. Rys. 6s 51.
City of Bern 8s 46 - . . .
City of Bordeaux 6s 84 . . .
tHty- of .Copen. 5 H s 44 .-.
City of Christian! 8s 45 . i
City of Lyons 6s 84'. :
City of Marseilles 6s
City of Rio De Jan. Ss 48
do 8x 4 7
City of Zurich 8s 4$, . . .i
Dept. of Sein 7s t. e 42.'
Danish Mun. 8s A 44 ... .
do 8a B 46 i .
D. ot Canada 5 Ha noU 29
do 5s of 52. .... . . . .
do 6s 26. . . ... .;...
do 6s 81. . . I. . . .
D. Indies rets. 6s 4 7
do 8a 62 ... . i . . . .
do 6s 62. ...... j .
French -Govt- 8s 58 . j . . . .
do 7Hs 41. .... 4
Imperial Japan list 4 14 26
do 2d 4i 25. . j
do sterling loan 4s 31 . .
Sine, of Denmark 8 45. .
do ctfs.' 6s'42. .". J.'..'.
King, of Italy SVii A 25
King, of Ntth da. rcta s 721 96tt
40. .(Ill
a
99.30 ' 99.86
99 40 1 99.49
99.74 99.99
King, of Norway 8s
Seattle Banks
Clearings Tuesday ..$ 4.631,044
Balances Tue dsv . 906.272
Tacoma Bank
Tuesday's tranacUnm $ 2,738,000
San Prandsco Bank
Clearings Tue-dav $24,500,000
Oakland Banks
Clearings Tuesday ......$ 2.515,300.
La Anglae Banks
Clearings Tuesday $13,634,949
, - j
INCREASE IX FEDERAL RESERVE
, NOTE CIRCTJLATIOX IS SHOWS
Substantial increases for the week in earning
a set. deposits and 'federal reserve note circu
lation ar indicated in the federal reserve board's
weekly bank statement aa at the dose of busi
ness on May 3, 1922. Discounted . bills on
hand decreased by $9,300,000, acceptances
bought in cpen market by 24.TOO,000 and
government securities by $42,000,000. All
classes of deposits show .larger totals than the
week before: Government deposits by $27,300.
000 .members' reserve?' deposits by $26,100,000
and other deposits, i composed largely of cash
iers' checks and non-members clearing accounts
by $5,800,000. Considerable increase in fed
eral reserve not circulation are reported by the
New Tork. Atlanta and San Francisco banks,
while the other reserve banks show little change
or small decreases, Gold reserves show a nom
inal decline, while other cash reserves -declined
by $6,600,000. Holdings of government paper
increased from $178,000,000 to $190,500,000.
Forelg-n Exchange Market
New Turk. May 9. (U. P.)r The foreign
exchange -Iwt opened easier today. Demand
sterling. $4.434; francs. .0909: lire, .0529 M :
marks. .0034 . .
Demand sterling closed' $4.434; francs.
.vaivi lire, ; marxs, .oos .
Medf ord Kian Asks
Mayor to Attend
Meeting vof Order
Medf ord, May 9. Monday afternoon
a ' kleagrle of the local chapter of
the Ku Klux Kian appeared In the office
of the Medford Mall Tribune with the
following: letter written on the official
paper of the invisible empire, which he
requested be . published : -
"Hon C. E. Gates, Mayor of Medford.
Dear Sir We the undersigned, Kleag-les
of the invisible empire knights of the
Ku Klux Kian, and all members of the
Medford kian knowing- you to be a native
born, white, gentile, law abiding; citixen,
having-- a ; grood reputation and able to
take an ! oath of unqualified aUegience
to our country and its flax;, and believing
in tfie betterment of your community ;
and knowing: that our organisation has
been greatly misrepresented, and malign
ed by the press and other forces who are
lgnorantf as to Its purposes, we therefore
challenge you to attend our next regular
initiation ceremony. become thoroughly
Informed as to our obligations, purposes,
Mffulattons, 'instructions- and- be- intrusted
with, alii our secrets. Tou. will be al
lowed to publish all of the information
thtla" received If you ndthat we are
organised . for any but the most lofty
purposes; Impelled by any but the highest
and noblest ideals, and standing for any
thing -that is opposed to any of our laws
or that s in any way nisioyat to this.
ar alorioos country. Otherwise you
are to keep secrets disclosed and become
an honorary member of our order. John
J. Hoogstraat, H. K. Griffith. Kleagles
of -the Invisible Empire, Knights of the
Ku Khw XJso-.
Mayor Gates had no, answer to make
but stated that he might make an answer
today. J - .
King, of Sweden 6s 39 . . .
Rep. of Chile 8s 26 . ; . . .
do 8; 41 :
do 8s ctfa, 46.. . j. . . .
Ref, of Cvho-SloTak. 8s '61
Rep. ot ITmguvy 8s !46 . ,
State of Q'sland 7s '41 . . .
do 6s ctfs. '47 . . v , . . .
Swiss Govt. 8 '43. . . . . .
State Rio Gr. de Sul 8s'46
State of. Sao Paulo -8a '36
U. K.of G. B. A I.Bis'22,
aa o Ha -29
do 6 Ha '37 ......
C. S. of Brazil 8s '41..
P. 8. of Mexico 6s '45.
do large 5s-'54 . ...
do '46 14 . .' . . : . .
New Tork City 4 H '60
99.52 i 99:60
99.88 ' 99.40
99.78 ; 99.84
99:66 99.66
09.86 99.92
99.70 99.76
100.54 100.58
100.42 100.44
100.OO lOO.OO 1 00.00
BONDS :
83 HI 85 .1 F5
191 M lOl
107SilO8
106 Vs 107
102jl03 H
64 HI 64 e
11414 118V
8741 S
93 la 93 14
1114 111
87 4 87 s
8714 ' 874
1034 104
10314 1034
11814 113 14
93 5.1 93
110 1110
110 110
1104 1104
lOO 100
98 98
98 H 08 H
96 H 6"
96 . 98 14
9914 964
104 1104 i
101 110114
904 904
89H 89H
764 77
ill 111
97 98
96 96
96 96
111 till H
lOl 4 101 4
102 102 14
105 1061
105 105
97 974
106 106
110 110
102 102
1174 118
103 103
104 1044
107 108
107 108
102 102
105 1034
67 67
62 62
66 58
1004 1004
101
108
107
103
54
112
88
98 14
111
8?
87
104
104
113
94 4
110
119 14
100
100
99
98
96
96
96
104
101
91
89
77
1114
98
96
102
102
1054
105
98
106
111 '
102
118
104T
1044
108
108
102
106
67
62
69
1004
t High. 1 Lew. 1 Cto
do.sdi. in. 6s '47.... 1 63I63
TU. -Gent Ox, div. Ss-'Sl 874 674
1IL Cent. 6s 34. ..;. LOl 101
do'Tfg. 4s;'.,... 86 864
dw 4s '62 S4 S4
de 4 ... .i. 81 81
lad. Steel s ctfs wt '62. 99 99
Int. Met. (!il rt.co.etfs'66 16 IS
1. tt. T. rf. 8s .'66 TS 1 T$
Int. Paper 6s B 4 7.,... 86 85
Int. Mer. , Mar. af6a'4lf 98 98
low Cent. rfg. 4s 'SI... 48 48
J. Kayser 7a ret. '42.. . . 1034 103
K. C Sooth. 1st Ss 1960. 69 6S ''
Kelly Bpcfld Tire 8s 1 931 1108 108
Kings Co, Kiev. 4 stpd 49 71 71
Lack. Steel 6a 1950 89 89
U Erse A W. 2d S 1941 86 86 14
L. Shore 4114. See. 4s 28 94 94
do deb. 4s 1911. . . . . . 92 93.
Liggett Myers 7s 1944. 114 114
..dOjSs 19$l..4...v... 95 96 JT
Long Island gen. 4s 1938 83 83
do deb. S 19ST 89 S3
Long Island Ferry 4 22 84 84
U N. 6s '03 ..... 83 .88 .
Manati Sugar deb. 7 s'42 190 10O
Mariand. Oil Ss raw. '81. 15 103
M.8t.F. A 8.S.M. 6s '81 102 102
li. K. AT. 1st 4 '90.. 81 81
do 6s aer. A '42 . 8 83
de adj. s cer. A '42 . . I 66 66
do 6s aar. C '42 f 96 I 96
M. P. rfg. 6s 2 ... ..lllOO 1100
SO OS Oft , .i . .-. .-. I 88 1 SS
62
67
101
86
84
81
99
IS
73
86
98
48
103
68 .
198
71
894
66
64
92
114
95
83
83
84
88
100
105
102
81
83
66
96
100
SS
do gen. 4s -7$ 64 64)
da gen. Ss ...... . . ilol IIOO I1VO -
Mont. P. Co.8sJer. A 43j S( 98 4J 96
Montreal Tram. Jot 6s 411 87S7 S7
Morris ex Ce. 4 s 'U... S7
National Tube 6s '32 ... 98 t
do ctfs. '62 ...,....(
New; Or. Term. 4g53.. 78
N.O. T. A M. Inc. 6a 'S6l 694
N.TJ C- A
n. nc ai i
U.K. deb. 6S6
A0f
1102 14 1101
N.T.GtaB. toL Ji '80.1107 116
do ren. Se '98.V...L TT 77
do deb. 4s S4 ...... . 90 89
do i 'It 9 95
N T. Con. Rys. 4 4 s '88.. 89 89
K.T. Ed. Co. ref. 6a '41 110 1084
N.T.N.H. A H. 6s '4,. -83 8
do deb. 4 '56 ...... i 95 96
do deb. 4s '67 57 66
N.T.; Fut. 4s . 84 84
N.T.Hys-rf. 4s lr.eo.ctfs '42 12 12
do adj. 6s '42 15 J 14
N Y. Sua. A W. s.ra. 6s 40 69 89
do ref. 6 '87 ...... 69 69
N.T. TeL gen. 4 s 39. . . 93 !i 93
do ref. 6s; '41 lOS 1044
N.T. W. A Best, 4s .4 584 67
Norfolk A W- con. 4s 99. . 87 87
Nor. ft Oly. Trac 47.. 97' 97
N. Pacifie 6s B 2047 108. 108
do prior lien 4s 97 87 88
dni iirior lien 4s res. 97. 63 63
N. W. Bell Tel. 7s 41 106 106
O. Ak Calif. 1st Sa 27 98 14 98
Ore. Short tine Gtd. 6s 46 101 14 101
do rrg. 4s 26.. 91 91
O.-Wash. R. B, & N. 4s 61 81 81
Pac G. & K. 5s 42 92 81
Pac T. & T. 5s 87 97- 97
do of 32 Wi. . . .- 94 94
Packard Motor 8s 81. 107 106
F. Am. r T Ts tn . I 1
P.. Ik, M. It. R. 6s c.68.) 83 83 83
ui t - j i ia jiij
do M. R. 5s 68 4 99 9SV4 98
OS -4 II
S7
98
7S
69
87
98
99
78
69 14
ioi1
106
77
90
98 Vs
89
110 '
83
05
67
84
12
14,
69 -a
69
93
104 4
68
87
97
106 86
68
106 4
08
101
91
81
91
97
94
107
Mmiti uttur
OUK IS GOOD
'I i ' Br C 6. wncka. ':
t Special Correspondent pt The Journal.
'8t. Psul. May 9. Hundreds of new settlers
have come into the Northwest in the last few
weeks. This indicate plainly th steady im
provement Jn economic conditions In. this dis
trict. Minnesota farm were aeenred by 60 new
families ia April.. 'th . majority of them coming
from - the Middle Western states.. Railroads re
port that the inquiries they have received fore
cast a gseat influx of horns icskers in the next
few suonthv
ti'-
Th crop situation continues nromi&ina'. Tb
seding of grains is close, to completion, soil
conditions are excellent and fields-a r rerouting
in, - many sections. The average acreage haa
Men sown.! but seed -i -cheeper - and labor' less
expenai- than no recent years and a pruiitabiej
Greater ' stimulated building - activity i - has re
lieved the em)lq dm nt situation, esiiecially in the
larger centers. In . this city alone 1000 new
building enterprises gave employment to more
than 5000 men ia April. :j
" I Twin . Cities wholesalers and jobbers report
continued imnrevenent in sales, although tlx
bulk of the improvements are to aupply current
needs; Mail orders bar commenced to in
creaae and retail trade ia better, due tto more
seasonable weather. The improved general coa
diUens are' reflected ta Increased bank deposit.
th largest increases being reported by baeks
oxung a urge country business. ' ,
J apanese Deserts
Steamer at Wharf
In the cold
sancniro, ; Japanese
old, jumped
Sarkness of 2 a. m. Mureda
seaman,' 24 years
from " the' railing f the
steamship Yoshlda Maru onto the" dock
near the Xnman-Poulsen mills Monday.
ran past the night watch and escaped. . He
wore Japanese ehoee with rubber in the
Bides. A reward of $25 haa been posted
for his capture, R, p. Honharo. chief in
spector or te United States immigraf
uon service, has announced. . ;
Pa. R. R. gold 6s '36
do. (I, M. 4 s '66
P. A B. inc. 4 '90
pKil.; Ry. 4s '37
Pub. Ser. of Sf. J, 5s '89
Reading, gen. 4s '97...'
R. I. A. A Ia. 4 s '34. .
S.L.atS.F.pr. lien 4s A 60.
do 6s Ser. B 1950. . . .
do gen. 6a Ser. C 1928
do adlj. 6s 1960
do inc 6s 1960
8t L. A 8. W. lt 4s 32
8t-P.eK.C8h.Li. 4 '4s 41
St.P.M.AM.M. gen. 4s 83 .
San Ant. A A. P. 1st 4s 43J
Seebd. A.L. Gold sta. 4s 50
Seabd. Air Li. rfg. 4s 69
do adj. 6a' 1949
do con. 6a 1946
RAILWAY AND MlSCELfcAXEOtS BONDS
Ajax Rub. 8a '45
Alas. G. M. ev deb 6sA'28
la, Agr.. Chm. .7 J4s '41J104
Pickpocket Suspects
Taken Near.Gate at
Barnes Circus Tent
11 After- watching two -men- near the en
trance to the main tent of the -Al G.
Barnes circus tent. Monday 'evening. In
spec tors Tackaberry and Phillips of the
police department stepped ; in and ar
rested Curtis Gallagher, 27. Omaha,- and
Harry Evans, 3S, SeattJe as pickpocket
suspects. J
The detectives watched the pair make I
three trips past tbe ticket stand, surging I
with the 1 crowd. ' -
103
9
Am. Smelt. 1st 5s '47.
Am. Sug. A R. 8s temp
eng. ,
Am. T. A T. cvt. 6s '25.
do col. tr. 5s '46 . . . .
do col. 4s '29 ........
Am. Water Wks. 6s '89 . .
Am. Writ. Psper '89. .
Armour ft Co. rL ; est.
4s '89 . ..
At T. ft Sao Fe gen 4s.'95
00 cvt. 4s "60 .....
do adj 4s '95 ......
do Tr. S. L. 4s '88.
Atl. Coast Line 4 '64
do Ast con 4s o2 . . .
Bslt. Ohio 6s '29. i . . .
do ref 5s '93 .......
do cvt 4 s '33 . . . : .
do gold 4 '48 ..... .
do trior lien 3 s '25
B ft 04sFLE ft WVD '411
B ft O 3 s FJ ft MD '251
Beth., Steel ref 3s '42.... j
do p. m. 5s 36
do . 6s '4 8
R. E. gen 7s ser D 30. . .
B. R. T.' 7s '21 w.i...
f" do 7 Tr Co ctfs '21- . .
do 7s. Tr. co. ctfs. stJ.'21
Can. Gen. Elec. 6s, '42, . .
CB. North, deb. 6s. 4
Canadian Pac 4s, perpetual
Carolina Clinch, ft W.,! 'B8
Cen. of Ga. Ry. con. 6. '4 6
Cent. Leather gen. 8s. 125 .-
Cerro de Pasco cvt. 8s. '31
C'peak ft O. cvt Ss, '46 . .
do gen. 4 s, '92 . . - . .
do ert. 4s '30.;.
Cht ft Alton 8 s '60 . . .
C. B. ft Q. gen. 4s '56. .
do. ref. 5s '71 ......
do. ext. 4s Neb. dlv.'27
do- ioint Alas '58.
C; ft K. I. 6s '51 , . .
Ct G. W. 4s '0. . .:
Oi. -I. A Ij. OS '47......
CiM.ft S.P.cTt.a sr. B '14
do gen. 4s 89.......
do. gen, 4 s '89 . . . . .
do cvt. 4a '32. .....
do. rfg. 4 s -14e.L . .
ido. 4 '25
C. ft K. W; 6s '86. . .
C.ft N.W.4s. mil.spa.ftX, 41
C. !. W. 7a. SO.
CW. Rail. Co.. 0s. 27 i . . .
C. R. 4. ft P. n. 4a, 88 .
C R. & A P. 'rfg. 4s 34 . .
Ti H. ft S. E. 6s. 60s
Chi. ft Wast, Ind. 7 as. 35
ChUe Copper ert. 7s.; 28
Chile Copper coL tr.. 6s, 82
Cj C C St. Ia s.:z
Cleve. 8hort I. 4s 61
CeL Ind, Ss. 34
Comi Cable 4s 2397.1...
Con. Coal Md. 6s I960. .
Con. Gas cvt. 7a 1926,-
Cuban Can Sugar deb. cvt.
8 Sta. 1980. ........
Cuban Railroad 6s 1962. .
do 714a ctfs 1982. . . .
Del. ft Hud. evt 6 1935
do S -....:..; . ... . -
D. ft R. G. imp. 64 1928
do rfg. 5s 1955.1. . . .
-ido. eon. 4s 19 ......
Detroit Edison Ss 1940. . .
Detroit River Tun. 4 61
Detroit ta Km 4a42.
Diaia. Match deb. 7 SS
Ksipire G.AF. 7 S Wi.
Eri 1st con fls ext 'SO.
ido gen lies 4s'96j.
do prior liea 4 '96 4 .
do cvt Ss ser A "53 4.
' . , .-
eo erv u ser a v
de ert 4 ser J 3 .
Fssk Rubber Co. 8s '4 i . .
K t D. deb 7s '42..
Gen.; Eire, deb 64 '40...
T. ft B. Co. S '41. . .
G.i T. ef C. 7 ,'4.. .
- do e SB ....... ., . . -
Gfe. Nnrthem 7s '86. t. . .
Gt, Northern 4s '61...
, do 8 4s 82
Hock's V lt con.4H99
Mot. AmJ Line vers 6s. . .
Hud. ft M. ref . 5s ser. A '5 7
911
1004
114
97
91
80
83
91
102
K 0
104
01
100
1.14
97
91
79
87
91
884 88
.1100
82
I 84
I 88
87
99
83
82
82
93
80
91
96
93
99
107
87
86
82
102
112
79
91
97
97
116
92 '
88
88
48-
88
98
95
106
82
62
96
75
76
85
73 j U
68) 65
80 1 80
U06il06
100
82
84
88
87
99
85
81
81
93
88
91
96
93
98
107
85
85
81
102
111
79
91
97
97
115
91
89
88
48
88
98;
95 V
1105
82 y
62
6 ;
74
75
86
Ti
87
107
ss li
88
102
103
90
10
93
79
78
88
117
84-' '
83
103
96
99
82
48
SO
93
88
88
108
98!
64
64
49
80
604
106
99
166
116
118
104
109
90
99
86
.92
P88
87
107
SS
3
82
66
102
102
90
100
91
78
73
88
116
142
9
104
92
100
114
97
91
79
88
91
. 88
100
82
84
88
87
99
85
81
81
93
80
91
96
93
-09
107
87
86
82
102 1
112
79
91
97-
97
116
91
88
88
48
88 -98
95 74
105
82
62
L 96
75
76
83
7114
68 .
80
108
87
107
S3
83
82
86 1
102
102
90
100
93
78
78
88
116
88
83
102
86
99
82
4S
79
95
88
83 ,
107
98
104
84
S8
49
49
86
106
99
83
83
108
h96
S3
48
79TT4
931
SS"
S3
167
9S44
104
64
63
'49
60
60
106
99
105 1193
116: 1116
118- 113
104 ll4
109fl09
90 I SO
9t 99
a SSI
92 i I 93 -
83 I 83
.1
Sinclair Oil cvt. 7s 25.104
108
91
81
56
86
85
82
72
81
99
81
69
76
82
91
76
69
42
25
58
100
99
99
99
93
91
87
82
83
95
67
- 99
78
96
106
101
09
67
61
103
103
90
I 80
94
87
108
86
107
90
102
92
98
99
93
100
66
107
68
09 lion
do 7s rets. 1987 . . .
do Crude 6 Us 1925. .
Sharon Steel Hp. 8s 41..
S. Porto R. Sug. 7s 41..,
8. Bell Tel.ftTeL 6s 41. . .
Sou. Pac. cvt. 4s '29....
do irg. t X9SS
do col. tr. 4s 1949, . .
do S. F. Term. 4s '60.
Sont-hern Ry con ,'94 . .
do eon. 5s reg., '94 . . . .
s. "66. ...... .
do St. L. dir. 4s. '51 . .
Standard MUng 5s. '80. . .
S'd Oil of Cel. deb. 7s.'Sl
SU ft Th. Ce. Am. 7. '5 1.
T. C. L ft Ry. gea. 6s.' 61
Third av., rfg. -4s, '80
do adj. 6s, '60 .
T'water O0 Co. 6s. '81
Tobacco Prod. 7s, 45 . . .
Cnion Pacifie 1st 4s, '47,
do 4s of '25
do -cvt. 4s. "27
do ref. 4s, 08
United Drug 8s. '81 .... .
U.Tty. ft I.Co.'Frisco 6s.'34
T.' S.- Rubber 7 '80. . .
Fnited Sutes Rub. 5 '47
V. 8. Steel a. f. 5s- '63.
I'tah Power ft Light 6s '44
Yir-Csrolin Chem. 6s '28
Tir-Caro Chem.. 7 '82.
Virginia Railway 6s '28..
Western Klectrie 5s 22 . .
Western Maryland 4 '62.
West. Elec. 7s '81
W. ft L. E. ref 4 14 a '66.
Wilson ft Co. 1st 6s '41. f 99 1 994
do cvt. 6s '28 ... 1 ... i 95 94
do 7 '81 105 (105
90
81
66 ' 1
84 ,i
85 !
82
72
87
99
81
S
76
82
91
76
68
42
25 !
87
104
100
99
99
99
95
I 91
87
82
82
95
67
99
78 14
96
106
101
99
66
60
10s
102
90
80
94
87
107
86
107
89
101
92
98
99
93
100
65
107
68
90
81
56
84
85
82
72
87
99
81
68
76
82
91
76
68
42
25
68
104
O0
99
99
'99
93
91
87
82
! 82
95
67
99
78
96
106
101
11
60
103 .
102
90
80
94
8T
108
86
107
89
101
92
98
99
95
100
65
107
68
99
94
105
STANDARD OIL ISSUES-
Anglo Am. Oil.
Anglo-Am. Corp. of S.7 At.
Atlantic Loboa ,
Galena Signal OU
Imperiol Oil of Canada . . .
Int. Pet. Co. Ltd.
Prairie Oil ft Gaa
Prairie Pin Lin
Standard Oil Indiana
Stand. Oil Ky.. nw. . .
do "B"
Stand. Oil N. T. ........ .
Vacuum Oil . ; . .
21,
21
1 1
62
116
22
608
229
105
82
82
410
440
20
21
10
61
11S
21
608
104
82
82
407
484
20
21
1 1
61
118
-21
608
104
82
82
410
434
Argesnne Wheat Lower
Buenos Aires. May 8. Wheat: June, $1.33.
down-1 cent; July, $1.86. down 1 cent Corn
rnehsnged. Oat Unchanged; Flax, 2 cents
lower.
w Tork Ioltry Market
New York. May 9.- ft, "N. S.1 -Dreaaed
poultry. Market, steady and-firm; chickens,
21 4oc; fowlsJ 20 ft 34c: ttirkeva. 23&!2Ti?
aucas, ..oaj iiei geese, 'lj g JSC. i . ,.
Live poultry. Market. Weak! Fowl: IT?
turkeys, 2a ( 3 3e ; roostera. 1 5c ask: ducks.
"B'.ci sveae, uu 10c; D rollers, aoaesoc.
, 1 -1 - . - ; -p-- 1 .- - ;.-""t - -'
, f 3few Terk Wo aad Hides
New Tork. Mar 9i if. "N S 1 vr 1
Market, strong : domestic i fleece XX Ohio,
S5g 48c; domestic - puBet scoured . bans.
50c $1.00; domestic Texas scoured basis.
BOeae 11.13: Territory i tarle acoarad
e v. - 1 ; - A - . .
Hides. - Market. 011 let: native steers. 14c aak:
branded steers 13c ask.
PRICE OF STEEL
U S STEAD
Y.
.-: .1 ... Sly ; M. B. Laufman. ...
j r Special Correspondent of Th, JoernaL
l -PitUburg, Marl 9.' - Steel prices are being
maintaiBcd regardless of the coa! strike sad the
output of other manufactured fines are show
ing increaseav There are: few ' changes to be
noted from day to day in tbe seiners' strike,
but operators are bow reporting moderate ht
creases in production ta th districts least af
fected by the walkout- - . - .
H The tendency of irofi and steel price it to
ward, higher levels and 'if it had not been for
the strike production would he headed in tit :
came direction. A steady stream of coal is flow
ing into this district from West Virginia, special
arranfraents having been mad with the rail
roads for the movement, but in many instances
reserve ; are being drajra upon to maintain
plant operation, ; For the first rim in history
real is moving northward en the - Ohio river.
MUSo of torts have been shipped southward,
but never before have coal ahlumeuta moved by
water in. th opposite direction. 1
. Retail trade conditions are improving n& with
the - betterment. eollectiorh are becoming easier.
I'lumung supplies and all building Materials r
sn excellent demand. 1 ; ; .
LunxlDerMillsat
Haines Eesuming
if: ' . t'- j "' - ' '" V; ;ct v-' v
S Usirtev Or..' May 9.- Lumbering is coming
liito its ewe again locally and activities in every .
department of the Industry ar regaining their
asridea. Mills throughout thi district r re
suming work and j tbe planers are for the , most
part running full time. Shipments from local
points ar being made daily and there; are ru
snors of new mill coming in(o naif timber
within tlx next SO days, ' i ,
Jj The Jacobs ft, lie company, vhrrj hs been,
operating- the yjrk mills jn lb North Powder '
district, have jus completed the 4ns tallai ion of .
a new mill with as capacity ef 12.09O feet daily.
Viortt at this plant waa commenced today.
-,l Leroy Tibbers. who own a Brrge tract ot
white and , yellowi - pi a timber . in th vicinity
of Hsinrr, i2 dealing with contractor with a
virw to cutting, from 8.000.000 to 6.000.000
feet of lumber during th present season. Work
U, steadily tnereasing at uther point, eo-w and
west of this place; nd lumber and timber men
are taking a cheerful view of tb present artn
tion and believe there will be no letup in the
work throughout the year , ' - i - '
Haines Former. Behind lo work
' - Haines. Or., May 9. Farmera ar five weeks
behind with their work at thi tim In the
Heine valley and but HtU seeding has been
done. The weather continue cold and it ha
only been during ith pet week that P-rr
hav afforded sufficient erasing for toc. I he
spring plowing and prPrtn y for nT,n.s
wheat and other grain to well under way and,
-ith no further delay on account of sdverW
weather ondition4 the planting should b cons
r,.T. j .iwi time the first hay crops -call for
irrigation j in about two wawka. j .-r -. .
Srw Freewater Bskery Opssb -
T-vvlewater MT 9. P. A. aad H. B. Both-:
vlUformeriyoT CoUeg , Phscej W-h.or,ned
tjitr- jnew . eWrW bakery toth puhlto this
morning. A three-deck JrJ2on -
canacHy- of Z50 loaves of bread, ss in operation.
SSC-,-ht kettle Is located In the front
window, ia full view ot th. publie.
'1 ' 'i :i )'".'" il - '.pv
We Own tmd Recommend for investment
Federal Land Bank
412 Per
i ; A ' t i -
Dated May 1, 1922'.
., ;1, r 1 . . - t
Not Redeemable
Bonds
Due May 1, 1942
before May lj 1932
Exempt from All Taxation inUhe'U, S.
'" ; :- . ; i- - ' "'-'--', '
These bonds are legal for investments for
all fiduciary and trust funds under the juris
diction of the United States Government,
and are acceptable by the United States
Treasury as- security for Government de
posits including Postal Savings funds.
Price: Par and Interest
BOND DEPARTMENT OPEN 8:30 TO 5i00
.Saturday 8s30 to 2xOO
. - - . - i
IMm & -TILTOR
'I
Oldest in the Northwest
WASHINGTON
' , t THIRD
I TlV 1 I 1 I 1 I I I 1 I 111 1 1' 1 'I' 1
1 I U i i I 1 H 11 1 11 I 1 I 1 1
Dverbeck&CooIieCpo
Stocks, Bonds, Cotton, Grain, Etc.
316-317 Board of Trade Baildioe;
DIRECT PRIVATE WIRES
To New York; and Chicago
HK;.;pv.
-Ucaisers Chicare Beard of Trade .
. , - CORRESPONDENT OF r 1
, IXKJAN & BRYAN - '.
P(0
0
-A direct general
obligation 6 Bond
YIELD
! if ' I i -V - J 1-1. i :;.'-.--.
City of New Weistminster
British Columbia
Non-Callable Dene $500 $1000
Payable in tf, S. Gold
TVTEW WESTMINSTER has a population -of
: 15,000. -i It As the center for; the manufac
ture of lumber and allied operations, t Jlore
than 2000 people are tsmploy! in the lumber-
The city, is well established and has paved
streets, streetcar ' transports tioni and is J very
sound financially and economically.
V
r It has a deep f rsh-water harbor and is served
- by two ! traiiscbntinehtal railroads!. In (five
years its bank clearings practically tripled.
. i
Bonds dated Jan. 1, 1922-Due j
i-4i-'--:U-':,.-i. 'I''
19S2, Semi-annual interest. I-
In addition to being a direct
general obligation of the city,
the entire income from the :
: . water charges of the city are
pledged towards the payment
of interest and principal. This
$200,000 bond issue is for the
purpose of- defraying costs of
reconstructing' portions of the
water system ? i v: ' ' '
i i
- ri"