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
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it
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asassv vrjaa
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91
.