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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (June 9, 1922)
FRIDAY, " JUNE 9. 1022. 10 THE OREGON' DAILY JOURNAL PORTLAND, OREGON. . 8 I: STOCKS SHOWING LITTLE INTEREST cent is- BT MMft P;lJ - - . -w i. a The aaarket VHi to drag dm nstlessrv with d T7 - first thr . rn doarrtleas, because et ' the failure of pool S . ' ' activities hi particular f stock to attract at- ICBtiM w- t iwviva a 'waning public -n- - - t teres!, a sailing mova- aunt started, lor a tint in thfelate after- boob was preuy soarp. Z But ' Of MOT JBfc- i . rm ncurtanea tall thing scettzrinc this quarter was Croat strenarth of rflttm market. . -farther ' sagging mom' rates, heaviness in the gn einanges tbe the the of the for- antf the t series - of - rapid kl IIHKI S.IKH1S wnu we.1 which the arsm trade ncened the government crop report. Today"! lush cotton prices were fully a cent above tbe top of lest autumn, when the government came - out -with its memorable ti ruler -estimate of the 1021 harvest. Tbe basis for the present np- - ward moTement iajjehiefly tbe impressions gath ered from tbe weather condition tine the- oot- ; aet of the month that the 1622 crop if not - caeeptioaaUy abort, as was that of the pre r tioui er. win will be well below the aver v age. v V Whether these ealculatiorta are or are Hat reasonable Is something which remains to le seen- At least, they (o against the prece dent which that of a late start such a cotton has had this season, is apt to be followed by improvement rather tha bjr further deter ioration during tbe first half of the crop i period, i Superabundance of und The superabundance supply of fund's which ba been pressing on the money market was sgaia strikingly exemplified today. The call - loan renewal rate which bad reached on ' Thursday the lowest in over four years, was reduced to three per eest today. Time money j notations did not get down to the extreme l.w of m month ago. but they were eery eJcie to it. .with, loans for the shorter period freely " obtainable at four per cent and for tbe longer : lienod at 44 per cent. Continued weakness -of the continental exchanges was a measure of the disappointment felt at tbe obstacles which hare arisen in the path of the German loan, and which seemed insurmountable whirs politics is placed ahead ot economic consider ation in the councils of Europe. Price Changes' Irregular Price chances on trie stock exchange were extremely irregular with business very dull aa Judged by recent standards. Railway stocks were inclined, to yield ground, reflecting tbe uncertainty over the labor outlook. Mexican Iwtroleum was strong in anticipation of a fa--vorable : earning statement, and the sugar stocks, .following the lead of the sugar market, were in demand once more at rising prices. 1 jbertj ; bond with the exception of the sec ond 4 i t. held above par and tbe bond mar ket as a whole was more active, although with no tendency toward any general resumption of tbe advance. Speculative Interest Stale .. r'er the afternoon break on the stock ex change the explanation ray wholly in condi tions within tbe market itself. For nearly a week. -pool managers have tried unsuccess fully to start prices moving upward again by bidding up first one and then another set of speoiaiUea. la a word, the speculative move ment -has gone stale, and It was tne hasty closing out of holdings in the recent syndicate favorites, once it was seen that tbe market had started 'down, which was responsible for the decline of the last twe hours. Naturally tbe sharpest break occurred la industrial stocks in wMeh tbe operations bad gone to tbe a res text lengths. Among tbese were tbe oils, tike motors, tbe equipments, the snipping stocks and tbe Junior Kails. Railway snares a a group were heavy from the start and tbe- discovery that operations for the roe in various low-priced issue like New Haven, 1-ake Erie at Western and the Erie, had ceased, waa one of 'the first things which set the downward movement going. f- Market Character Artificial - Tbe extremely artificial, character of the recent market in some ot the industrials Illustrated By tne violence OI their break once the eustafning orders were withdrawn. . This waa true to -such -typical Instances as Mexican J'etroleusBi Btadebaker. Maxwell Motors A Ms Id win Locomotive. American (ship sc Com' msree, .American International and seme of the recent leaden In the oil group, which had been pushed up. from 0 to 10 points in aa altogether ' reckless manner. - - Heavy S saline at End following a morning of dullness and indr- pnev iHincmrutiS uie awes aoaswew aoiu this afternoon. The dechne was by heavy selling all through the 1 quite the sharpest setback that has had for the last month or any outside eisive iff sharply- accompanied list. , It wa the market More, yet it was not tiie result of developments. Conditions within the specula tive structures have been gradually getting leas favorable, and convinced ' that the up ward movement had for the time being at least been hatted, tbe trading element turned to the selling side. A rood deal of genuine liquidation was brought out and prices closed at the bottom, with a considerable show of weakness. , Outside the stock exchange the most inter esting feature of tbe day were the continued strength of the cotton market, tbe further sagging of money rates, etc. ' NEW YORK BOND TRANSACTIONS " ' . Reported by-Thai JourneJV Wall Street Bnfea " i Wall Street, 3few York, Jw. A few wkiek ene is fr gpectsl atteatlo. a Tharsdajr wer tae aiogt active araia todarr whlla the market areaerallr kept aatrre r let ateady wltJt erio4 of sUnaegs. HetUaa; oa Uaaed la tbe Jf exJeaa a-overameat and per cent lasraea, atltftaagb tbe fsrraaer loan kad abara recoil after a din t 44, wkleb wag polnta below yegterdar's "' T)v?k aroTeraaiea aid anaalelnaU exteraal loaas wera flrw. Tke BtaBlclpaU rota aearlr a polat.. lalted Klara i, to aeld their aroandi, The reat of the forela arroap. except the Cblnese ia and tbe Bepablle of Chile Jgsaee, walelt raiaed frartleaaltr. were little ehaagred. : . liberty boadg wera heayUy boaeht and Bteved wltkla vaarrow radlag jat abOTe par. It wag reprt4 that tbe demand for tbe tw aew treagary Issue of eertJfleateg of tadebtedaees was large. The aeerptim at both tha tt,MM per cent one year notes, aad tbt , IH.year 44 per ecnt, eiehaat-eable far Victory 4 otetv was looked foa hy flaanetal com. mBBity. These aew goTerameat nor rowlagrs with tha farther lowerlBfr of the call loan renewal rate appeared to affect the Liberty sroap more thaa any other. Coasolidated Gas CoBTertible Js broke below ISa. Hlffher prices were made y some of the Greater 3Tew York traction- 'hoads. especially the fntMrhoroaah.MetronoUtaa iVx. Balti more at Ohio eoavertlbles advanced , over a point. Speealattre low-priced i railway lss.es were la the waia ree-1 tionary. t ' ; : New lock, Jane 9. Following iis offi cial li"t of all bonds traded in on the New York Stock Kxcliange today with pn.:ea and salea up to and including the close of the mar ket. Total sales today were flJ.JS2.0O0 againit 14.87,O0O yesterday, $14,rMi8.000 a week ago, $15,888,000 a year ago and $11,505,000 two years ago. From January 1 to date. $2.14,246.000 against $1,329,838,000 a year, ago and $1,753,144,000 two years ago. . Saks aa Jl 000 l H-mb. It L 1 Im. ) Close. 4ien. 1. Xjtioodyear 71i- do ea IjIBEKTT Bales In $1000 2KSLib. 1051 - do 18! 67 554 80 022 1 46 1124 511 03H6;Vict 07 do BONDS "HlgE Low Close 8 s ... UOO.06I100.02UOO.02 3s reg'.llOO.OOt 99.94il00.OO 2d 4s... I 80.9 99.96! 99. 1st 4 14s)1OO.010.0010.00 Bd 4TistlOO.00 89.94I 99.94 reg ,...100.00 9.82f 99.84 Sd 4 14s!l0.0i 89.88il00.O2 teg ... I 99.9D 9.8 99 90 4th 4Hsil00.06i 99.981100.00 4 si reg)1 99. 90 1 9.86( 89.90 4fs ' . . .!100.72!100.61100.8 reg i . .100.60il00.5il00-0 4 29 8 19 17 Sc.. FOB EIGN BONDS 8 I 10O 109 107 102 , 54 H Arg'tne Gov. do 7s ... . Belgium ' JHi do es rets. . do 6s 2 3 i Chinese By, 5s... i 3(t . of Bergen 8a. ItC. of Berne 8. 42 !C of Bordeanx 6sj 10jC. of Cbag'nSHs SCbristuuiia 8s . . 22IC of Lyons 6s.. 22Mafeilles 6s. . .-- 86Rio de Jan. 8s'46 60 do 8s cU. 47 . 1 Sao Paolo 8sw.l. 18 Soisaons 6s .... . 2 Tokib 5a 1 1 Zurich 5a ... 2; Seine 7s, tin p. tf. 2 (Danish 8,er A. t . 2) do 8s. ser. B. l;Dom.. Kep. 5s H Un. 6HS Els 5 55 - T 61 120 22 77 32 141 12 3 13 1 124 1 4 130 1 0 do 5s '20 do 6s '52. do 5s '31. DEI rets ,s do rcta 6s '29 47 62 8s . French Gov. do.THs Jap 1st lUl to 2d 4 Ha .. do sterl. loan 4s Denmark 8s i . i do ctf s Ss ' . Italy H ser . NeU,. rets 6s. , Norway . 8a ; . . Sweden 6s . . . Bolivia 8s..... Chile 8s . . ; . . CTiile 8s '41 . . i Chile 8s cfta '4 6 7; Cub 5s '04. . . 51 do 4Hs '49. 47 Ciech 8s .... . 5 1 Uruguay 8s 30Queensl'nd 7s, FOHEIGST EXCHANGE RATES Cerrected daily by the foreign exchange de partment of the United States National bank. Quotations . below (excent the pound ster ling are quoted on the basis of 100 units fore urn urrency. Ovening nominal rates on nana transaction- London checks. " lAavstert 4.48 i rn Francfi. 9.0S .3 5.11 W . Berlin Marks .noa-: Lire. . Athena Drachmae. . Copenhagen Kroner.... Chrtstiania Kroner.... Stockholm- Kroner... . Honsrkong Currency. . Jeiwa Yen. . -'febanchai Taeis. Cable ' transfers. $ 4.49S 3.06 V .34 5.11 K Par value. " $4,866 19.30 23.8 1 19.30 4.20 21.93 17.3S 26.00 58.08 47.80 80.15 4 22 22.00 17.63 26.03 58.55 47.05 80.45 19.SO 26.70 26.70 26.70 Canadian dollar discount 1 Vk per cent. llRi 13! do 6, ctfs, 101 Swiss 8s ... S Sao Paulo 8 s 2Q G.B A. I. 5 hit. 21 i do 5 1ii, 88 do 5Hs. 1 do SHs. ' 72TJ.S. Brazil 8s 101IU. 3. Mex 6s. ' 601 do 5s. .'54 186 do 4s . 44; do 4Ha 109 1114 86 91 110 86 86 10C 103 102 84 71 111 94 110 110 ,89 101 99 J 1 AA V 98 94 94 104 102 91 . 90 7T 110 98 95 98 111 . 101 101 102 105 104 1 93 81 97 106 110 101 . -tH8 . .1103 22109 29jl09 371102 109 104 : 57 55 47 38 86 1 100 1 1-08 107 102 53 109 111 86 91 HO 88 8 101 103 102 84 71 111 83 110 110 89 100 99 iOO 98 -94 94 103 101 91 90 77 110 88 -95 110 101 101 86 100 108 107 102 54 109 111 86 91 no 86 86 101 103 102 84 71 111 83 110 110 89 100 99 100 98 84 94 103 101 91 90 -77 IOO 4 - 98 Vi 95 97 110 101 1101 102102 104 105 104 (104 92) 93 81 J 81 97 t 97 106 J106 101 117 103 108 108 103 109 104 56 54 45 38 RAILWAY AND MISCELLANEOUS RESIDENTS of Portland, and transients, will be pleased with the prompt service of o u r , Prescription Department.' ' . Oar Service Gives Satisfaction is s. SlAd. Ex. eol.tr.4a 17 Ajax Rub. 8s.. 11 Am. Agr. C. 7s; 108 Am. Smelt 1st 6s 56Am. So. A Rf.6s 4 61 Am. T. A T.cvt-6s 9 do. coL tr. 5a. Ill do cot 4i . . . 17jAm. W. Works ftg! 3 Am. W. Paper 8s 22Au'r it Co.r.e.4 s 18IA.T. tc H F.gen.4s 3 A. C. -L. 7a. . 30 AO. Fruit ert- 7s 3!Atl. ef. 6Hl.. 2 ! Atiav- Pow. 3 a . 5j Baldwin Joco. Ss 371B. at O 6s 1351 do cvt 4 s .11 do gold 4a . 41 do pr In. 3 s 14 do. 4s, P. L. K W 17iBell Tel of Pa - 7a 8Beth Steel ref 5sJ 9 do p. m. 5s. 181 do (i .... 15 Bk. EdL 7s.ar Di liBk. Bap. T.r c 4ai 10; do 7s do 7a tr ctf do 7s. tr at. . 1. R. V V. eon 4 5, Bush. Tr. Bldg. 5s lSU'sa Roiithftrn St 9!Can. Nr. deb. 6s 13 it an. - Pac 4s per. SICaro CI & .. 6a Cen. of Ga. B. 6s Cent. Lea. gen. 5 si Cent. P. s. I. 3 s 45jRy. of Brazil 7 si 27iCec. de Pas. ct. 8a 20 C. as O. cvt. Ss 21 do geav 4s '92 16 do cvt. 4a 'SO 6 Chi. efc Al. rfi. Ss 111 do 3s . . .: 99iC B. efc. Q. 6S ei do geft. 4s . . 341 da ref. 5a v. 14(C. K. I. 5ai few I f. i : I J I -prCf-m-., .1 I B X J af .ui':ja SW ,t 1 ff i 1 ' 4iCM A K 1st 5s . 7tChi G W 4s 41(C1I SP cvt 4sJ SOI .do rtg Hi A 71 do cvt 5s B! 16 " do 4 61C N W 6 . . SjC MAPS 1st 4s 18tCM By Co 5a. . 4 ;CR!A P en 4s '88 S21 do rfg 4s '34 25 CW U S 4s 31 dotal ... SiC a W I 7 s 71 103 103 92 100, 115 97 90 82 87 90 89 106 43 104 109 101 99 8$. 80 93 '78 107 92 91 99 107. 59 82 82 79 90 1 97 112 T8 92 98 97 89 96 121 934 87 87 SO 49 106 88 9 80 92 61 69. 68 75 79 98 73 82 8S 81 91 SIChile Cob en 7sil07 all do col tr 6s.L 91 1 3lli 1; U 8t L W 99 1 do 6a A .....1.1 99 zivjow jruei I s. I l 6Cok efc 80 1st 41 93 12 Comp-Tsb R 6s. . I 97 i:,ta uoat or aidoat K 110 101 1117 103 109 109 102 109 104 57 -54 " 46 SH BONDS 71 102 103 92 100 115 87 90 82 87 90 89 71 102 103 92 100 115 97 90 82 87 89 89 106il6 4S 103 IO8 IOI 99 82 80 93 78 107 92 91 98 107 59 81 81 79 90 91 87 112 77 92 98 97 89 96 119 92 87 87 60 49 105 88 99 SO 93 " 6t 69 63 74 78 98 72 82, 83 80 91 11S1113 lv4fclvZ 23! 284 Cost ea cvi 7a Lil20 1 V2 3 '- Mnnttvn " an' JwdALDER, STSb ' 2 (Cuba Sc cvt db 7s -ei e m 2: Cub Ant Bug 8a. 15 Del at. Hud 5 a - - 4iDe efc BO imp 9 5 i Detroit Gaa 5a. 6 Detroit Ed rig 6k 4.Dupont . de No-, moura 7s. ; 8Doaesne IA efc . aiDao. U ? as SIDuquesaw LA A I Power 7a .1 OS jEsaoire - Gas A 1 ruel cvt 7s. ;; 4:Erie 1st eon 7s ext IS Ere cow lien s . diEne prior ilea 4a 11. Erie cvt 4a Ser A ft 00 4s See B. l " de 4a See IX 4 risk Bab 8s... : 3,t"ramencaa Indast . I . Dee deb t a. 16 S T Sugar 7 s. 86 6S io 1 82 99 102 106 103 106 t8 103 4 4 SO 56 54 19 M ;iwo!ioo il05 91 I 99 99 91 93 96 87 118 85 U 106 99 83 99 102 166 ; 10$ 166 98 105 4 64 50 53 106 98 45 104 109 101 99 82 80 93 78 107 92 91 98 107 59 81 82 . 79 90 9t 97 112 77 02 e 9 87 89 96 U19 93 87 87 ! 60 49 105 88 99 80 69. 63 r 74 78 99 72 82 83 81 91 113 102 105 91 99 99 91 93 6 67 118 8i 85 & la 10w 82 99 102, 106 1034 106 98 105 54 64 56 50 54 98 IDS J2jG, 1. of c 7 1 do 6a . . , . 4S,Gt. Nor. 7a. 1 do 4 Ha -' . . i aa 9 i iwui a, ii ao -i mi 8s 4,l".llillli 31".?.. 1102. 101jll Can.. 7a. 22 (Green Bay 1 , aeo. a ..1109 ..1 90 W. ..I It 3 Havana KL 6s. -f 90 IBiHoLAbl LL 5-6s.T 80 6Hod.AiIn. rf. SsA, 83 IIU. Cent, omahaf div. 3e 81 11.; do i- s '. . .1101 ., ; 88 do CAV.St. . Ul die. au do rfg- 5 J1L 811. db i'ilnd. Sti. ctl. aa I46JjiL lief. gtfa.T t 5s-4s ....M 6581 do 4s tr. etf.j 118jll3illS. i 10a A. ... . . 1 4s. . . .1 B. 4s. 95 , 87 91 99 18 13 94, IrrtKap.tr. rf. 5s. t 68 "32 38ldo 6s notes. 22Iuf. R. T, 7s. 11 tint. Agr. 5s... 2201 do GJi adi 6s '5 ljlat, A G. K. If 101 do 5s B .... . . 13Int- M. at. a.f.6st Invincible ou - 7 Iowa Cent rfg. 4s 1 12.KO FtSAM 4s.., 8 95 79 52 10 87 86 97 98 47 79 109 (109 I 0 90 I 100 10 I ,10 --tili .90 90 . 90 1M 3 88 60 81 101 101 94 : 94' 86 87 91 91 99 99 I 12 1 18 J 12) 13 68 M 68 77 77 I 95 95 -S Kana. C. T. lst 4sl 2!Eayser 7s ... lOjlaeek. A D M. 2iLae. Stt 6s. . IOiL. S-AiI8.deb.4sj 4Lig. A Uyera 1 17 do 5a L. I. ref. 4s L. A .-7 do Ss ., do S.By.5Ion.'4s 83 104 89 88 94 11 ; 97 77 107 -4103 81 7 I 1 62 t 52 110 1100 87i 87 80 i 97 j 9T 88 98 47 - I 41 i 78 1 78 1 4iMa. Sag. db.7l0 Xiitar. Oil 8a.. V. 101 73j do 7s J..fll6 65 do 8s war. i-sf.-1 20 V 2 Mex. Pet. 8a '".107 2 Mich. Cent. deb. 4s 80 3 Mid. SU. cvt. 6s. i 90 Minn. StL. con.Ss 81 15 do 1st rfgi 4s. f 46 61 do rfg. 6s . .'.I 46 5;M. Kt-P.AS.M. 4s. I 88 74IM.. K. A T.. 1st 4s i ctts. . .... 51 do 5s ser. A '42 67 do 5a A '67 lMo. Pac. rtg. 301 do 6s 19 do gen. 4s . ... i 2lMont-P.Co. 1st' 5s 20INSS8SU tU 4 . . 54 1 New E T A T 5s . R1N O T A M ine 5 5N Y A 48!N T C 271 do col 7s. , r.MNYOA HK 4 s! 105 do 5s. . . ...... 6 N y C A S L db 4 SIN Y Dock 4s 4 XTGE LH A P 5s! 1 0 N YNH& HcytS s 34 do 6s. . . . . . . I 4 N.Y.Ry.adj.5s ' . . ,V 11 00 BHr.cui. lNYSt.Ry.con,4a 4 sistw Tel.. os. , 1 N..YTeLdeb.s'9 28 do ref. 6a '41 51 NYW.ABost.4 s 2iNia KalU Pow 5s 7!NAWRRcon 4s . 16 do cvt. 6s 80 i 80 1 80 83 i 83 83 6f 50 6 5fl.(l jlOO (IOO 63 63 i 96 96 I 51 I 51 97 f 97 I 72 f 72 B cvt 6s;iO0ltO0 deb 6s. .(13103 82 103 89 88 , 84 ill 96 77 107 103 r 81 ! 10O 114 118 107 90 90 81 1 45 48 88 82 103 89 88 94 1114 . 97 77 107 103 81 100 101 107 90 90 81 45 46 88 SHIPMENTS HaW By Frank O. atcLain- . ... Speoai Oorropoadent ot The JoamaL f Philadelphia. June 9. The ' nUseellaneous movement of freigk ever the Pennsvlvania and Reading aystems for the first week of jane has been far heavier than for the correspond ing period of 1921, but the total carioadings show a decrease. iTlus is Hue. to the falling off in anthracite -coal shipments because of the prolonged strike.. No inconvenience from tack ot Xnei in this section baa been reported trat the fact that 200.000 men in the an thracite fields have been out of work now tor 10 weeks is seriously affecting business in Eastern Pennsylvania aa It influences the buying of goods to meet the Deeeaaitiea of over 1,000.000 persons. The continuation of building operations throughout tb district is unabated. Bowa of dwellings are going up all over thia city and two new office buildings to cost $5,000, 000 soon will be nnder way. The construc tion Of frame dwelling m the Booth Jersey resorts along the coast is fieing rushed at top speed to catch, np witli .the demand for cot teats. This is particularly true of Ocean City. Members of the building trades are welt employed and there ia aa extensive demand for building materials.' ' s- i ' Many t-mailer business places and neigh borhood shops closed einee the beginning of tiie year . when business depression caused business failures are being reopened in many cases with foreigners replacing the original occupants. .105 80 k 94 84 80 98 52 80 11 9 67 67 103 104 4! do4s.PCACdiv. . 12?'.Am.Ed.6 ... . . 5 N.Tr.ALt-6s . . . . 6 N . P. 6s. ser. B. : 3SH do pr.ln.4s . . . 8 do gen. 3s ... . 8 N.St.Pow.lstSs .. 16 7r.W.BellTet7 . . 6 O. A C, 1st 6s . . . 24 OSL.lst conJttd.5d 29IO.W.R.R.A N. 4s 2iOtis Steel 8s. 7 Pa. Gas Eleo. 5$ 6Psc. T. A JT.as '37 40! do ctff. Ss '52. 2 Pack. Mot. 8s 38 Par. L. Med. B. R. 6s ctfs. .... 3 Pa. R. B. 7s. . . 8 do 5s 1 do 6 s . . . 14 do rl. est. 4s 21 Peo. A E. in. 4s. 15 Phil. Co. ref. 6s. 2 P.K.L.A P. 5s '4 5 Pro. A Bef. 8s w 4 0 1 Beading gen 4s . . r Hi it. J. -IS. ' . Ot JX., I J. col. 4s 6!R. G. A W. e t 4s 5R.I.A.A L 4s! lS.St. L I. M. AS. I R. A G. div. 4s! 12' do pr lu 4a. A 7 1 do 5s, ser B . . 5i do geri . sr Ct I61 do adiOs, '3S 571 do inc4 6s, '60 27 do gen 5s 15jS. A. I rtg. 4s. 431 do adj. 5s. . 34 S. A JU con. 6s 3 99 9 88 108 86 82 96 106 86 61 81 106 99 104 81 102 90 7 84 107 103 86 94 84' 79 87 62 8k 11 8 67 67 10.1 104 54 89 88 108 88 92 96 106 86 81 90 106 8 103 81 102 90 86 84 107 3 86 51 97 72 10O 103 103 86 94 84 80 97 52 80 11 8 67 67 105- 104 54 99 8S 108 86 92 96 Karl 86 61 91 106 99 104 31 102 90 96 94. 107 4 She. St. Hoop Sal 38in. Oil 5s... 22 do cvt. 7 .. 15 do 7s recta.,, 08. BeU T.AT.5S.. SljSo. Pac. cvt. 4s. 7 do rfg. 4s 5! do eoLtr.4sTeg. 15 do S.F. term. 4s 471 . do By. con 5s 5 do gen. 4a . 57! do 6a . 10 do St-L. diet 4sj 2iUnd. klill 5s. 82 109 . 99 109 99 37 97 88 115 85 ( 86 67 81 81 71 86 98 78 6& 95 42 27 59 99 99 104 98 94 91 87 85 83 95 66 99 79 96 tills. Oil of Cdeb.7sll051105 4iThird Ave! rfg, 4si 46 do adj. 5s '60 7 Tob. Prod. 7s. 61T0I S I. A AV 4s 4!Un B A P 6s 11 Ua Pae 1st 4s 8! do evt 4s 211 do ref 4 7rn Tank Car ' 2tDn Drug 8. . 101U S Hoffman 6 U S S of Cop 6 S2U S Bub 7s". 3 do 7s .... ! do f ... . . . 33 U 8 Steel a f 5sJ OlUtalt 1' l as. '47 27 08 2a 1 8 Va-Caiw Cham S " 64 do 7a : 113 do 7s 47;.. ' 1 0 fa Ry 6a ' 18 VA Sff ta 5a '58 11 ! do lrt 5 'OS 5 Wabash lit Ss TlWrnr SiMt 7s. lOIVt'est ElSa '22 6 West Md 4s. 8;Wes. Pac 6s. . 5 7 9 6 24 20 l! W. TJ. -s W.AL.E.rf. 4a Wick.. Spen, 8. 7s Miutes-B.- at jb. lst 3s Wilson 1st 6s 41 - do -Tcv. 28. . do. 7 . . . . . 60 193 70 97 92 93 80 " 108 iAll 8sfl01 95 107 102 90 102 90 89 103 8 86 81 81 98 H.00 100 64 87 109 68 99 81 109 90 109 99 35 97 88 115 84 4 86 66 80 81 71 85 98 78" 67 93 41 25 58 99 9 ao4 88 HI 87 85 82 84 60 89 7-9 96 81 109 99 109 99 35 97 88 115 84 80 66 80 78 98 93 103 60 103 1 70 97 91 93 85 103 110 100 95 107 102 89 101, 90 99 105 98 96, 81 : si 8, 100' 100 63 87 109 68 i 98 73 97 92 . 103 81 71 85 98 78 67 93 42 25 68 99 99 104 98 I 4 91 87 85 82 94 66 9 79 98 105 I 65 60 103 70 97 91 93 86 rioa 11.1 100 95 107 102 90 101 90 99 108 98. 96 81 81 98 . 100 ' 100 - 63 87 109 63 89 73 97 93 103 BUSINESS BRIEFS New York, June 9. Reports- from auto mobile manufacturers indicate that May ship ments totaled 83310, carloads. 27,818 drive aways, and .'7222 boat. April shipments were 3 1 .233-1 .carloads. 22,381 driveaways and 2960 by .?' " " BofBse-was" quoted: July. 10 3d"; Septem ber. 10.19; tOeeeaaber. 9.90; Mar1i, 8.70. Raw sugar : Jnly 2,3; September. 3.14; De era beW 8 28 ;"3lar.. 3.20. Refined sugar;: July 1 and September, 6.30; December,- 6.20. . - . two coal The Yodngstbwa .Sheet A Tin plate company preparing its Hubbard, plant, consisting of oust lurnacea,- tor resumption wnen uie aopply improves. President Harrison of the Soul he ta railway today declared the outlook for the last half of this yea, was encouraging and, under pres ent conditions, a favorable showing for the road can be expected. Fixed charge for the first four months- of this year were fully earned. Theif following stocks sold ex-div. todsy: American Beet Sugar preferred, American To bacco preferred. Rock Island 6 and 7 per cent preferred. Hocking Valley. Market Street railway prior preferred, Mexican Seaboard Oil, Middle States Oil, Mother - Lode Coalition mines,' National - Enameling preferred. North western Pipe Line. St. Joseph Lead, Swift A Co., Woolworth preferred. The American cently closed orders of which are for the Central ot road. Locomotive, company for 14 locomotivea, has re- two Georgia rail- Tbe Mohawk Mining company declared a dividend of $1 a share, payable July 10 to stock of record June 19. Among other divi dends declared were the regular Quarterly pay ments of Mack Truck. $1.75 a almre, each on the first and second preferred stocks, and Loft Candy, 25 cents a share. SPRIJTG WHEAT IS AIDED BY RAIXS IX INTERIOR La Grande, June 9. Reports from farm, era in ail parts 'of the country, received during the last few days, indicate that tbe spring wheat crop wss greatly benefited by the heavy rain of Sunday night. The hot, dry spell of last week was jict beginning to damage the spring grain whejathe rain fell. rom the mountain sections it is reported that the rainfall Sunday was unusually heavy and that the range has-been greatly benefited by the added moisture. " BOSTON COPPER SHARES Arix t . 9 9 IN Bt . 13 13 Advntr . 65 77 INpasng . 6 Aliouez. 7 27N Lake. -40 50 Arcdn . 4 4 lO D C . 25 27 Bing Ma 15 15jo?U. M .. 35 36 Cal A A 61 61!Objw ,.-,2. 8 C A H..275 20 LQnry M. 46 48 New C. 19 20 Pnd C" . 21 22 . Cntnl . 10 10 i lil Ityl. . 24 25 Cop R. 44 45 Sp Bos. 1 1 Dvs Dly 8 8IJSM.. 39 V. 39 Dly W . 1 3 I do pfd. 26 27 . E Btt .11 11 HlSup C . 4 4 Fr 44 . 2 2 !Trnt C . . 1 1 Hnck . 2 3 Tymn .. 70 74 Hlvta . 1 1 I Ct Cn . 3 8 lrt Crk.112 112lC SMn. 43 43 ! do p. 93 84 do pfd. 47 48 Kwnw . 2 2!CtApex. 2 3 Kr IJt . 4 -4JVntr ..31 31 I.aSl . 1 llWinn .. 1 7 5Ihk '. 65 06 Wlvrn .. 14 - 14 M Of C . 5 5Wyruit . 50 75 Msf Val . 1 2 STATEMENT OF Portland Banks 1922 Monday . $5,666,564. STANDARD OIL ISSCE8 7l00iAnglo Am OA.. lOOLAnglo an Corpn of S Africa.. 1100 Atlantic Loboa . 210 Buckeye P L. 60Gal Sir Oil 10Ohio Vil ; . 1165 Imp Oil of Can. 5 Ind P L . . . 13700,lnteml Pet Ctf -Ltd ... 10 Northern F t 15!Prairie Oil A asl61 200:Penn Mel .Fuel lSiPrairie P . 10 80. Peon. Oil lTOOOiStandard Oil Ind 5700. Standard Oil Ky. 1 23 23 11 94 69 . S19 11T 95 24 I02 49 265 230 113 .1101 22 22 11 92 69 519 115 95 23 102 615 88 265 230 IIS l$08tandard Oil H T1448 9T 435 22 23 11 92-59 519 11S 93 . 23 162 615, 88 65 230 112 9f 449 Garfield G. 0. P. Elects Delegates Porneroy, Wash June 9. EW Ma lone, E. V. Kuykenda.Il, 3. R. Stevenaon. "G.sSV. Jewett and llJi. Sanforrl. were eleeterl to - represent Hepubllcana of Garfield county at -tho" state conven-i tion la . Seattle, June 10. Kuykendall scu named a member of the state pla.t forro committee ad state central com mitteeman. A resolution watt passed Iradorslnar the national '.and state ad ministrations. Senator Mites Poindex ter; Congressman John ' Sumtpera and, E. V. Kuykendall, dfrector. of pub-' lie woraa. , -jr-i-'.wi iimi. . m - 1 1 '"' " Carneatere - ITarea laereaseA ' Ptttabarg, June 9. Aa Increase, n wages of earpentera of SI a day. or from. $8- to $9 for H hours, baa gone into effect bare. It effects 4500 men. ;.. . ..... ... - 'A new screen door cvtch .can be ueed to lock; a jfloor.ji gainst IntruderaV BASK Clearings Balances Clearings Balances Carings balances Clearings Balances Clearings Balance , ' Tacoma Banks ; Yesterday a transactiona Seattle Clearings Friday . . . . Balances Friday ..... an Frartelsco Clearings Friday . . OalvM avanka Clearings Friday Los Angeles Banks Clearings Friday Monday. Tuesday . Tueday . Wed. Wed . . . Thursday . Thursday, Friday. , . Friday. . . 1.346.078 4.672.176 686.581 3,106.378 643.490 5,199.611 503,316 4.323.988 784,186 Banks utanka COAST 1921. $ 5,689,4 55 1.194.848 Holiday Holiday 6.134.511 1,606.706 5,105,773 455,446 4.292.189 823.800 $ 2,491.000 $ 4.563.047 1,028.558 . V 2O.900.000 $ 2.840.000 $16,543,885 Boardman Haying; Work Started Boardman. June 9. Haying operations have begun in, the Boardman section and part of tbe first crop ot alfalfa haa been cut. The hot weather of tbe past two- weeks Bas brought the crop along rapidly and the first crop is coming off early enough to make' a four crop season possible. The first orders for new crop have reached the. Hay Growers' association off ices at Hermiston at $14. f. o. b. ears, which, while nothing extra orainerv. isv much better thaa .last year a pnee. Feed ers are endeavoring ts contract at s or is the stack, with lew takers. - - . - ' 1 - - Xoararer to Get Waf e Iaereae Spokane, Wash..' Jane 9. T consider wage incaeees, board members Cf the. Leyai Legioa of loggers and - Lumbermen of the East Washington and ort Idaho . district win mmrt hm Mondav rdominc. , Any ad vance made will apply honaon tally Jn all ,joba in lumber mills and camps - in tjie,'flitrictst accord ine to J. U. Pond, field secretary ot the Four-La in Spokane. A 6) cent ncveaaar-haa been agreed upon betweeav. ' thai Foor-L eaa ptoyers and employes in conferences ceid re cently . at Belling liaa. Seattle and 'Tacoma. Norman F. Coleman, . Portland, president of the Four-La, haa advised Mr. Pond. 'V Slay Balld Cheese Factory atoBteaana. Wash.. J una 9, Agitation for a cbeeas factory at' Ocoxta has been, started by C. C. Flowers, a' resident s( that place. Me haa enlisted tbe aid of County Agent Robert Cowan and- others. -; air. Cowan as arranging a meeting at which data, will be presented tby tbe dairymen of the section to determine if there as auTftcieat . milk avaUable 4w JusrUfy starting a cheese factory- Meat Market Chaaree Haads . tiladstoae. Or.. June . Adam J: Cramer. a butcher ot over 41 yeas' espeneace. taken a lease hood the ew Uladatooe Meat Market and as now in poaeeaaoon, . Bocoeedlnc B. W. Smith.- Mr. Cramer wiH make some extensive improvements to the interior .ot has establishment. J v .-. . , - (Wavl Street Anurvkci rinanciat Wee lew) ,. Sew York, Jane t V, - P. Sot tutrt October It, 1917, wkea eaU ey upeaed at C4 per rest, hat tke renewal fiirare for Hetaaaa loaag beea lower taaa today's S per reat rate, 5 i Bat the pieatifal sapply of raeaey failed to briaa: a boat a regaanpUoa of operatloBS for the rise of the atoek market. -When the bearish eoellaareet saw that this eoastraetiTe f aetor : was Ig-aored, adraatag-e was takes til. the lethargy oa the hayiag; side te laoaeh a sharp drive. Comla? la the wake of me.'seeces alve day a of deellniaa- prices la the dastrial average and a eenatraetlve aessloa of reaction la the railroad list., this attack was seccessful ia ereatlag the tmpresslea that xa haU had eoane In the primary forward movement. ; i plre Salesmen to Tear Inland El ' Spokane. Wash.. Jane . Sixty from . Eastern . offices of tbe Weyertiaeuaee Katea- company will rat tbe Inland Kmptre July T to IS while on a tow of tae lumber mula of tne , Weyerhaevaser iatereata ia Pacifas Jiorthwent. - . , . To Enlarge MaUa Cheese-Faetory Jane . Tha first annual auceti ef the atockhoiders ot the atalia'eheeae fi tore suaOosed a anost satisfactory state of af fairs. The plant, whose eapactty haa - been atonbted ro its first year, wail be greatly ea- larged and further equipped ia tbe year to cause. Twenty theuiaBd dollars is the probable cost ot 'Use new plant.' .-: aalee. 1 STOCKS : 1 High, i Lew, i Bid. 3 62 40 67 17 i 70 j 50i . . . . .1 49 45 i 49 i .t 89 67 i "5 bOOlAdsnas Expresa . . . .. (Advance Hum 900Agr. Ctiera. . f00 do pfd. . . OOjAjax Robber lOOjAlaska Gold . (Alaska Juneau 1000 'Allied Chem. 3 4 OO I AUia-Chalmers do pfd. -i 180tiAm. Beet Sugar-1 lOOIAm. Bosch..... 540O!Am. Can Co, . .... I do pfd - . i .....!..... eoOlAm- Car A Fdy..il67 165 100 do pfd. 121 1121 400Am. Cot. Oil ... 28 1 .28 1 do pfd 1. A 4 00; Am. Drug Synd.r -1 6.1 5 !Am.. Hide & l.eathj ..... .... . 40OI do trfd i 7l 70 1600 1 Am. Ice . 108 106 105 7400tAm- Intl. Corp. . . 48 46 I 46-; 40OlAra. Unseed ....i'37 30 35 69 48 46 45 48 62 18 ' 39 66 16 t 69- 48 87 47 44 48 105 165 120 128 57 S 14 69 . . . 1 do pfd 1 800Am. ' fiSeo. . . . do pfdk - 8W0i Am. Saf. Kair.r. . 18600lAut. Shi). 4k. Com. '970O;Am. Smelter .... 400j do ptdr- . IAm. Snuff llO0Am. Steel Fdy. 10400iAm. Sugar . . . 100j do pfd. . . . . 14()0IAm Sumatra 140Am TAT. 1 100 IAm Tob 600) do '" . . .-. 6100Am Woo! . .... I do Did .... !Ara W P pfd 100, Am Zinc 8 200 Anaconda . . . . 400As.d Oil . . . . 14O0Ateb.ison 600 do pfd. .... 100Ati Cm Ln . 67iOlA G "A W I. . 4300tBakl Loco . . . IOOi do pfd . . . . 4400IB A O 100 do ptd .... lOOIBamsdell Corji. 57Q0eth Steel "B 1 00 i Booth Fish . . 1200B R T 1 1 00 j Butte C A Z. lOORutte A Sup. ..... f Burns Bros . . 1100Caddo Oil 1 55 112 !ita ill Castle Reek ; Box Faeterr - Sold - Castle Koek. Waaa.. Jane Jordan haa 'transferred tua interesta a tbe Castle Bock Box A Lumber ortmnany to Maaoa Bros. E- J. Mason has been here several weeks aa riatrd with Mr. Jordan in h werk. . The factrry haa all the enters oa band that it c handle and deliver oa time. Audi tic nal SB save been emnlovwrt. "-";.. I- . lOOICalif Packins 8800 Calif Pet . . I do pfd ... 34 00Can Pac . . . 300 Cent, Leather 4IOCerro de Pasco. . j 300Cbandb.r Motor . lOOiChi A N" W . . . j ISOOIChi. Gt. W... . 6001 5400 8400 1100 1400 do Chili Chino C. M. do Pfd. . Cop. A St'. pfd. . 4300;Ccca Cola 1300C. A' O lOOjColo. ' F. & I . . . 1 OOOjColo "Southern . 3300iColo. Gas' A Elec 1 600 t'olnmbia Graph. S600!Con. Gas lODiCcns. Cigars . . . ! do pfd ..... Contl. Can .... iCities Ser. Bkrs. 4400JCorn Prod. . . ,. . ( do pfd.i ...... 14 800tCoedeB Oil . . . . 3100C. R." I. A P. . . 300! - do "A " . pfd 200;t do "B" pfdl 8600 t.'nicible . do pfd. 13600jCuba Cane . ... 19 18O0 do pfd. ...-.! 38 13300'Cuban Amn. Sug! 26' 300Del. A Hud.... 121 100Dome Mines. ... 1 28 100 Del. A IJick. . .1126 114 i 1 7 ( . 6r 6 I 23 19. I 20 I 62 60 f 60 .j 98) 97 t 97 i I- - 'il33 .4 3S 37) 37 ,. HI 78) 78 .15 (105 (104 . 40) 391 4 . 1123 i 1 23 I23 .1142 (141 1141 .1140 13!139 . 94 92 I 93 . I I (107 i i- 1 32 .1 18 18f 18 , 54 52a-T 53 .'120 ill9 (118 .! 99 H 98 98 . 89 I 9 88 .n04jlO4 104 .. .! 41 1 39 4ffl .115ill2jll2' 1 1 t ill 1 lllaU 49 48 48"; 61 61 60 43 43 . 43 78 77 ,76 7 7f 7 26 ) 23 4 25 7 7, '7- 31 I 30 J 30 ....( .136 13 13 I 13 77 77 "1 76 06 ; 64 84 ... I 96 .I1371136 1136 39f 3HI 88 38 H 37 76 74 75 75 9 9 22 21 21 21 31 30 26 25 421 41 68 3 66 65 33 33 47 46 87 86 5 5 120119 33 33 105 I 52 43 96 82 76 Ore. 2400ilavid5on Chem. .( 200 r.ndK-ett Johnson 700 Erie : 200 do 1-it pfd. . 900 Elec. Stcr. Bat. 2900 Famous Players . . . . . Fed. M. A Smt- 300 do pfd. .... 400!Fisk Tire .... IGastoa Wms. . . 200!Gen. Cigars . . . 200Gen. Elec. . . . 900!Gen Motor .. . . . (Glen Alden SlOOjtien. Asphalt 200:Goodrich . . 500Granbr . . . 2900!Great Nor. 140O do ipfd. 200Green ".. Gananea . I 2001;nlf 6. Steel ... 8O0Gliddea Paint . . . I 1500 (Houston Oil .-.j 200Htrpp Motor ... 2001IU. Cent. . . . OOOilrtepiration . . , 400Int. Agr. Corp. c. , do pfd. "Oojlnterboro 800( ' do pfd. . . . . . . 390lInUT. Callahan . . 2 00! Int. Harv j ..... I do pfd. ..... 11 00 (Int. Mere. Marine 2000j do pfd. COO, lot- Mickrf 200! Int. Paper . . . I do fd 29O0Invineible Oil . . . lllOOilsland Oil 100!Jewei Tea 200IK. C. Sontbern . I do pfd 1500'Kelly-Spgfld. ISOOiKennecett ...... 900)Keystone Tire : . . llOOiLack. Steel 8100jLee Tire 2900, Lehigh, Vailey . . . :o Lonuaim 57 82 16 24 44 84 o6" 17 1-02 48 40 94 0 74 i?i 7 36 1 25 121 28 126 56 81 15 22 43 83 49 16 77 . 1168 4163. .1 -I 14 l 14 65 "ei" ' 42 1 31 40 77 33 82 16 82 19 41 30 39 76 $3 1 80) 16 80 19 37 74 75 9 21 21 30 .25 41 65 5 32 46 86 5 119 S3 70 65 23 103 . 114 48 45 94 . 78 74 84 17 37 25 121 27 123 56 82 15 22 43 83 10 49 16 74 1163 t4 52 62 41 30 39 76 32 80 16 81 19 4 1000. Sinclair , . .- .8iand Oil Ind.. S2O0i8tand Oil N. J.. 1 OOO Sloas-Sbeff. . . . . -2trOO!Soa. Pacific i., 5400! Son. Rai way .. 5900, Stand. Oil CaL . lOOiSt. L. A 8. K. 100 31 SOU "eoooj 48Oj 9081 5800 4100 990OI - 6800 500 . 0O , 9TJ0 2800! Carb . Strom be re Studebeker . Swift A, Co.- . .w. TenCopACnem - . . Texas Oil ...... Texas Pac. . . . '., Tex. Pac. C. A O Tob. Products Tran$ Contl. Oil. I'niou Ofl Del. . . Cnion Pac fl'aited Alloy i-. , I at ted Drug ... (.nited Food Prod Carted Fruit ... . Cuirto B, tc. p. ; V. B. CI Pipe. I"n. Retail Stores V. S. Ind Alcohol v.- . Kabber. . do- 1st irfd. , . 200 7 04 seoo 3M0 70O 1004 800 28904tt;. 8. Steel. 12001 -do pfd. . 28O0iUtah Camer. 1UVIVS. Chem. 100 do nfd. B800iVanadinm SteeL OV Tivandon 2800 Wabas 200 do, A pfd . do B pfd Wells Fargo. OO Western I'ac do pf A SOOjWestera Inion . JWefh'se A. B. 19001 do E. AM.. 2001 West Md. ...... 70Vh'te Motors... 2S0jViilys Overland . 600 do pfd- . .. .1 Wilson Pack... ,1 00; Wisconsin Cent. .-... .(Woolworth . . . . ' aoOiWorth. Pump. . 88001 W. A L. E . . . . ; 700White 4il, 300 White Eagle Oil. iMeney I 38 36) S6 11S1112 112 194 1191 4191 . 48 45 45 ' 89 88 -. 88 24 23 231. 115 112 112 4 28 27 27 52 51 SO 124 121 121, . ... ... . i . . . -103 12 11 USa' '48 47 47' SI 30 ' $0 . r 29 28; HO 89 : 18 16 -16' 24 2S 23 137 136 136 89 88 . .tviii 77 ' -' 76 7S , 81 ' f : . . .u i . ; .-. 139 ; - 65 65 63 34 83 S3 i 4 41 67 , 55 55 64 6Ss 63 105 105 104 43 43 V-42 102 161 -r 101 . 119 119 liW 67 65 6 31 31 li! 6& 68 68 51 49 49 ' i 12 1 12 12 18 12 12; 31 30 j 80 21 77 - S 21 20 30 ,' . 1; 98 88 9 93 ' 61 S0 60 1 2 12 111. 50 49 49 9I 8f 6, 43,- . ,': . . . 44 29 29 29 . . . . . ..... 168 ; SS 52 52 . ,15 13 13 1U . 9 9.- 28 (27 27 3 3 3 Total sales Stocks. 1.192,700 share; bonds, $17,606,000. Ex-div. 3 per cent.. ; , t Ex-div. 3 per cent, " - mERCHANTS SEEK TEXTILE GOODS y C . Marshall - Special Correspondent ef Tbe Journal. Chicago. June 9. Thousands of merchants frcM the Middle West have descended, on Chi cago in the last week seeking textile goods among the big Jobbing houses. Clearance Ues bare been advertised for this week and even tiie radio .has been used to spread the news far and wide, but Jobbers were hardly prepared for tbe magnitude of the response. Similar salea had been held earlier ia the spring and while they produced considerable business It was as nothing compared with tbe buying of tbe last two days. Tbe most en couraging feature of this business bas been that the out-of-town merchants seem to have aban doned their former hand-to-mouth policy and have begun to place orders right snd left to fill up their empty shelves. Conservative jobbers declare these are the most successful sales of tbe kind they have ever seen. There has, been Uttle shopping around and no quibbling about price.? Mer chants have come into the market keiowing what they wanted and the price they were wilt- ua vw anu nave Douint prcmotlv when price was right. The bie houses have large quantities of goods, 1 particularly dresses. Department stores and retailers oeen almost as active as thm inhhm. w"arm weather may have influenced prosperity ia vureiy in tbe air in the the sold wash have houses, this, but .Uiuc .-c-n. ana general optimism ia growing encouraged by favorable crop reports, lesaen- " ucmjiojaKiii ana improvement in dustry. . la- World's Wheat Shipments Worlds shipments" of wheat ami flnr bus be Is. . , From V S. and Argentine . Australia , Others Total . , Week Ending June 3, '22 Canada. .6.984.000. 3.445.00O 2.816.00O 88,000 Week Ending June 4. '21 9.038.000 1, 014.000 2,816.000 I'. S. and Argentine " Australia Others Total ........ 13.333.000 Total Since July 1. '21 Caoa da. 38 1,1 59, 000 ...100,613.000 14)3,952.000 4.908,000 12870.000 Same Period Last Reason 411.359,000 79,023.000 82.582,000 1 0,738.600 S92.632.000 573,704.000 42 10 ii 3! H ! 1192 Loew Theatres L. A W.. Maxwell Mot rA" do 'B" . . . May Stores. Mex. Pet .. Miami . Mid States OO. . Mid. Steel M. K. A T. V7K . do pfd. .... . PttOjMont power . . 200Mont: Ward . . Mu. J'se. So ofd . : M.Ht, P. A S.S.M Marlaad OU . - . Martini A Parry . . -Nat. .fcnamel 5100 7O0 300 2804 200 7900 90O! 2800 '1300 1500 3000 90Q; 200- 13904 20l! OOO 200(Xatt Lead . , MOOINevada Con. 170i New Haven . SOOlNorfolk A W. . 4O0jNo. Pac . . . S0O Neva Scotia. Steeli N. 1. Air Brake 1700 . T.f Central ; 140O Xor. Am. ' . . . 2SOO Okla. Prod- ref. , lOOfOntarie Silver , . , 200;Ontarie A W... - 200 (Otis Steel 1 10O PaeifK Dee . .'.-. .Pac Gas A Elec. 9600lPunta Allegre Jl l2900Pacific T OU .. , , 2900iPan Am Pet. M,t. HOOI do B lOOOiPenna. .. . SOOiPeo. Gas : . i . " 90O;Pera Marqaett 1600PurOil ..... 920O.PaU Pete . . . S300!Pievv-Arroav . ; 1 9600 Pierse OB . . i. ; 2600iPitta Coal ..... 8 O0O Pitta A West W a 10O4 doafd. SOO'Preoed Steel Oar ! -, 40iPolhen . SOOlBay 5ns. - J X: . 5300, Heading ..... - 1900!Bemrngtori 7 1O0, Repiog:te Steel . .. 39O0,Hrpuehc I A S. - do pfd. ... . -v . aiOOtRep. Motors . . ; . 8SOOiKoya Dateh Oil! . ' 300 Ry. Steel Spa. . , . . . Stand. OU Ky.i.. 4000(Sears Roebuck . , .1 .fShattacfc, Aria, SOe'SheJl T. A X,-. .!104104104 42 10 38 1 3 102 112 22 i 82 17 48 85 17 1 20 26 -57 48 36 74" 31 63 155 15 W US 7 24 113 137 SO 14 36 17 38 71 21 22 55 59 43 33 51 93 17 29 195 74 33 76 89 62 :s 1T 6 3 48 10 ' "i 3 ! 105 23' 83 17 51. 18 1 20 26 51 87 20 74 32 65 156 13 119 72 25 115 140 30 15 37 .18 4ft 73 22 23 65 " 43 " 34 53 ,93 18 81 106 76 5 89 63 S -7 36 1 63 64 71 63 :f 84 32 33 58 21 64 39 89 75 36 1 37141 74 I 22 i 82 17 49 16 1 20 26 ). . . - 49 35 19 73 81 63 155 15 139 70 23 115 137 SO 14 36 17 88 71 21 22 55 42 88 51 93 17 29 103 75 4 89- 62 3 T 26 13 1 60 61 es is , 69 jro MU MS l 1 41 64 I 83 SI ?J 31 -$2 Sit 32 56 ,f SS - 20 - I 26 8l - 9 S4f 64 37 37 89) 88 79 I 78 1C'0 119 1119 111 ITHI 17 I3( T3 84 S4 a 13 f2 7--i 1 91 1 11 62l 2 103 4 1103 7 I 97 16! 11, 64( eW illl 77) 44 .1 4 7 ia 3 Xew York Poaltry Market Xew York. June 9. (I. X. g.) Dressed poultry market Steady. Brilers. 40(55c: turkeys. 2562e; geese. 15eI8c: fowto. e 32c; ducks. 20 25e: chickens. (. 45c. " , Live txmctry market Oni.f - strmi ain (V T. 1 1 - tiirV.n o n n . j 1 . fowls. 25 27c; roofters. 13c; geese, 11018c. K arc ne Public Market Studied Eugene, June 9. -Eugene's public market a beinc atadied ftatnrri, . h, xs n n.-k agricultural ageat from Raymond, Wash., with tne mtentiOQ ot astabliMiing a similar mar ket in that city. . Walla Walla Is prepar ing to build a similar market aa a result of a recent visit here of tan farm bureau representatives from that - eitv ' who came to study Eugeae'a public market. . , , , . f- KUN1W (10 A-BKGC.ING KOii HOIiiiOWEliS AM) lXTliiiKST RA'I KS CO.N'liNCK LOW IX .NEW Y0IIK i' EASTERN FREIGHT COLLECTIONS OF . "I (Wait Street Aevenel rinancial ft aw tew) i stocks. - (High.! Low. J Close-1 .BILLS ARE BETTER v "- 4-..:- j ' y Oa T. ftookwevt 'n I - -. - Special CorreapondeBt of. The Journal. Clevrland. Jane S. Collect kas here are improviag, according to a v. ftatemeat . today by W; H. Uray, secretary of tba Retai) L'redit men i Sicociatwn. - Coltectiuns . byd?Prtai.nt vtores snd men's v funnsiflag stores . sheared gains of from 2 to 1 1 per . cent tar May as compared with April, he 'said, while members of tha aasoctatwo renorted thwr 'were, able to collect , from 36 to 65. 'pet; : cent -on e eooats due. . "" ",? - The Cleveland enamberv of commerce to day reported trrat the n amber of workers employed at ll'll tndustrail pleats wbieai aor snally employ SOO or mere each. totaUed.bO. 557 on Jfne l..s compared with 78.144 en May 1 and 74,71 1 oa April 1. - , i lbe textile industry rubra ci rtg 1 1 plants raported a decrease in employment " sf S.S per cent. l'thia falling oft u attributed to seasons I conditions. - 1 , taaT "hops at various cities In Northern onto hare resumed operations this montii. uioiia; . eing tne Krie railroad eborn r"-- - neen ciosea practically all of -thto year. Tbe ahopa nominally employ -y" ien. but otticuls announced today SO additional workers would be pat oa at once, v The txKlyear company at Akron today aaamuartured ll forty-tive millionth 'smooth sire. aney nave beea In htuinm m, ;:-' i an ore wiu ne exhibited in each company's 82 branches and then ro ll of the turned to the compeny'a robber museum. YAKIMA VALLEY SOFT FRCIT CROP TO BE MICH HEAVIER The crop of soft fruits will be from 1000 o i-ov acre-i Heavier ia Yakima valley this yea than the shipmenta of 1921. according to Harold West, general agent of the Cnion Pa cific .system at Yakima. West is visiting ia Pcrtiand today. Us announced that tbe total ciop of fruits in that section would demand 17,500 cars this season. Reports were made was an , exceptionally heavy crop of early appies ana a i mater crop of late apples could be expected. , ' - SALES FOB JCtT DELITEBT FEATURED IX COTTON CLOTH wn Street Bureau of The Journal! ew york, June 9-Sale for July deliv er were a feature of the trading in eotton cloth here today. Prices continued firm throughout the list but the volume of buni nese was moderate. Some slight concessiont In sheetings at second-hands were reported but these were not numerous. Fine yarn goods were inactive but aateena were bought al though In small lots. Better business was re ported in sheets and pillowcases . in tbe fine conjfSnictkms. There waa some i inquiry lor criris and osnabergs. Raw silk continued quiet here ia conformity with a similar condition in many of the for. eign primary markets. Broad aOka were in somewhat better- demand. - , TEXAS WOOL TRICES SHOW f . - . 0 SIGNS OF WEAKEXI5G , . ' Boato Bureao of The Journal). - Btfstca.' Jaae 9 Altbonch local dealers' feel that recent frkvi for Texaa woola have . touched tbe exorbitant figures, titer is no weakemag n the attitude -of the Texas grow-; , era and sale of high grade wool at Lara- 'l , j pasaa today wera reooeted to be at high fig-1 i'. urea. , There waa a belter movement of bonded . 1 wools here, bat the local market showed ne pronounced activity . ,: - Threatened strikes of shearers in Aostnalig bad a stiffening effect en the Aiutralasiaa markets. : 'i,. ;.. ,i . .' , a . i '" To Ball! Bex Factory Wmte rialmon; Wash., June Jl. A be factory .wrtii a capacity of Iroia 150. OOO to Uotl.OUw m to be built at Kmcea by M. le Wttt of Hood Ktver. ileefett shifts of aaen are to Be employed and the work, of raj bed to immediate cenu'letion. - r Prodactloa Erpert at Cealralia Centraha. Wash., ajne 9. W. R. Bernard. a - production expert,, has Seed employed by f the Kane .Mhock Absorber eompany iov the v aurnone of extending tite anakct of the toral . product. J. 4". liolphra. formerly with the KsNtern Railway A Lumber company, in ie- , , tively sasiiting in marketing the kana product. ' Money' and Exchange New York. June 9. (I. X. S.) Call money on the floor of tbe New . Tort Stock Exchange today ruled at $ per cent; high. S per cent; low, 3 per cent - Time money was quiet Rates were 4 per cent. The market fcr prime mercantile paper was quiet. Call money in London today was 2 per cent. Sterling exchange was quiet, with business in bankers' bills at 449 -for demand. Chicago Rents to Drop- Chicago. June 9. Renting agents here pre dict a speedy drop in rentals. 'Chicago is having its greatest building boom. All pre vious record for home building were shattered in May. Permits were issued in that month for 686 residences and 871 flat buildings in volving a total expenditure of over g2T,O0O; OOO. Thia is an increase of S10.-v00.000 over April and of S24.O00.000 over May, 1921, and shatters tha high record cut nsnea in August, ! MoBteaano BalJdtng -Is Sold Mentesano, Wash.. June 9. H." H. Pen nell yesterday announced the sale of his re cently acquired businees house .on Main street to F. K. Jackson A Bon, who now oeoftpy the building with their hardware business. The building is being moved a few inches to pro vide for a party wall between H sad ths new National Bank building. f JaJW! Ijr-i auu winiirt vl4aaaBTr I.a ruber Com pa ay Ope rat lag: Fall Time Bandy, June 9. The Handy Lumber com pany at Brigbtwood ia ranning a fall crew of 51 men and ia aawing both ties and lumber. Fred Beechel has 05 men employed on the big flume he is building at the Big Beady, lie bas till December 31 to complete the contract , ;. ... , - Winnipeg Wheat Options Winnipeg. June '9. Wheat-. Open. High. Low". July ......126 136 .133 , October ...117 11.9 116 December. . .116 116 U 115 Cloae. 135 118 110 31laneapolg Minneapolis, Jane Open. Julye ..... 1 33 September . .121 Wheat Optloas 9. .Wheat: High. Low. 136 133 123 120 7 Close. 135 122 Saa Francisco Cash Grain See Francisco. June . (0 P.) Barley, spot feed per ctL, $1.20 1.25; shipping, $1.3001.85. Barley closed noon December, 125b 126a: feed barley, 118$122. Tfesr Torh Metal Market Xew York. June 9. -L V a 1 Quiet; all ixnitioiM offered $13.50. . Lead Quiet; all positions. 6c bid.' j" Spelter Steady; all positions, $5.33 bid. Sew York-Potato Market V ! New York, June 9. (L X. 8. ) Potatoes ( In bids, barrel or bar! Market firm V.- by whiia. $1.00 2.60: Bermudas. $4.50 s 8.00; southerns, $2.50 0 7.00. . ''.v- .- - - - MlaneapoUt-Dalath Flax Minneanolis: Jane . 9. Flax 12 4 a U September, $2.39; track and arrive. $2.41 Daluth. June 9. Flax Jshr S?aau. September, $3.43 : October, $2.39; oa track and arnve. $2.48. x . CW(tf( Potato Market Chicago, June 9. I. X. 8 Potatoes: itecerpm ot ears. 'Michigan round white. $2.10 2.1 5; aew Alabama. Louisiana sad Texas Bliss, $303.50. ' Foreign Exehaage Market Xew York, Juno 8.U. P. ) Foreign change opened steady. Sterling, $4.49 7-16; "swm, ww ts , - sire. .UtfiB-is; marks. .0034 ; kronen, .2206. . ., ZT . Foreign exchange eloasd steady. Rterlina $4.49 7-16; franca. :0908 : Kre. .0515 M: marks, .0034. . xca Safety First cz. Is your money safe ? Send us a.' list of your invest ments. We will gladly advise' you. ' as to their soundness without obliga tion, on your part.' " IFreeman, Smith VCe CAMP CO. uiMstmoil tscra.. rearuNS OVERBECK & COOKE COMPANY . ; Stocks. Bonds, Cotton; Grain. ' Etc, 316-317 Board of Trade Building 1 DIRECT PRrVaVTE WIRES To New York and Chicago Meat hers Chicago Board f Trad 7 CORRESPONDENT OP LOGAN & BRYAN Baeaoa Aires Wheat Buenos Ay res. June 9. -Opening Wheat. August - $1.20 -j . unchanged: September S1.2L. urjcirsTneed : corn. e no: flaa no- changed ; oats, .unchanged. . " Rala Helps Strawberry- Crop Vancouver, Wash.. June A lieht rain from r the north, which began falling at) 8 o'clock this morning will increase the straw- berry crop materially ..sod prolong the seav- i. In the opinion of,, growers. ' ODDLOT BARGAINS ' ll.sas Marlon Co Ore.. bj . road bond. - duo July . .19;g ji 102.88. Yietmng , 1.71 I1JI6S .Uacolaro Ore 6 road twnd, - duo Sept. 1. 1926 103.80. Yielding . $. Port of Portlaad 69v gold bonds, due July 1, 1926 103.60. Yielding , .'e ',1;' I. 60S 8 h e r wood. Ore 6To water ; fJonds, dun eerlatly im-1932 & 103.67 to 105.78, ' Yielding " Wfr $ Port of Nehatem, Or, 6rr! gold bond, due Jan. 1, 1927 97.06. . . Yielding i.J $. Wilder, Idaho, " 6H, water bondA, . due Feb. t, 1940 3 100.. Yielding $. iS City ; ot North Van. router, B, C 6. due Dec. 1, 1922 p 99.63. Yielding7pe - $!6 City of Moaterideo irold 7s, due June 1, 1952 $ 91. : Yielding 7i Clark. Kendall & Co., Inc. auw w niii vii - T , ft I f f t r 1 ff-. tie aar We" offer OnV Partleipatlon ' la GRAND TRUNK PACIFIC R. R,. 4 . GOLD BONDS -.1 f Principal teed by and Interest the Province hatchewaa. tJaaraa. ef has. Due Jan 22, 1939 Denomination !. Principal aad Interest payable ln Sew York, at par of Exehaage. Saskatehewaa, the largest wheat, prodaclag Prorlace of Caaada", Is oae of the most prosperous! Its . popalatioa Is 8SS47 These Boads are listed oa the Loadoa Stock. Exehaage aad are rated by Moody AA. , Price 83.82 to Yield 5.50 it , tmOtm. gemiller; 8 COMPANY JfW NORTHWE STERN BANKBLOO. PORTLAND , rt.. "4 ' "'''Bnawass We Offer, Suoject to Prior Sale, ' Carman Manufacturing Company 6i Serial Gold Notes Dated May i, 1922 Due SeriaUy 1923-27 ! . Principal and semi-annual interest May 1st" and November 1 st, ; payable at- Ladd & Tilton- Bank, Portland, Oregon. ; ' . A The Carman Manufacturing Company operates ' factories at Tacoma, Seattle, JSpokane, Washing ton, and Portland, Oregon, for7the manufacture of furniture, iron beds, spring beds and mattresses.' Net profits forgive years ending December 31, 1921, applicable to interest charges after all de ductions .have averaged three and one-fourth times the nximum annual interest charge of the . notes.t ' '-'. .:. y -..a ;., ' PRICE:' 100 itoyield . Complete Details , Upon Request -Telephone or Telegraph Orders Collect BOND DEPARTMENT OPEN 8 :30 TO 5 Saturdays 8:30 to 2:00 , 00 jlabb Stilton Oldest in the Northwest , WASHINGTON rji v it... I'l'i'i'l 't' I 'i' I 'i' I 'i' IV I 'i' I Tl'r IT I 'ill V IV I YivriiJ T 1.' St '' :: ha : i., . "4! i it -aitKlaTlfUaTris. asassv vrjaa T6J ft T-. r ' ,-.' la. l n .1 i .' t "I 91 .