MONDAY," SEPTEMBER 11, 1922.
THE OREGON DAILY v JOURNAL, PORTLAND, OREGON.
U. S. LIBERTY ISSUES ACTIVE AND HIGHER WITH LIBERAL PURCHASES: BY THE TREASURY
ft
NEW YORK BOND TRANSACTIONS
TUrported wj Th Journal's WB Srei Bgm
By Stuart P
W all Street. New Tork. Sept 11. The
principal incident in today' market
rather pronoancnd ria is some o the Liberty
3susS(tFmjrw Dona smap bm
r--t erete bat general de
Clin. 1H ID. ioreicn
! exchange and an ir-
rgiflr stock excbane
list, with operations.
nowerer. stitil fsvortnf
the aid of the ad
sanee.
The A per cent
bonds of the fourth
Liberty loan returned
to 101. The SHi
also were prominent
for a time althoogti
anbeeonentiy reacting
Apparently the sadden
enlivening of the cor
eminent bond market !
after a Ions period of
quiet wa the reault
nnwhuM hv acrtta
Stuart P. Wast y,. tjeaaury for aha!
purpose of retirement.
This tort of buying is Quite apt to precede
the quarterly tax days. In th present in
stance it would be the investment of the rem-
nant of the tax receipt after taking care of
the $300,000,000 treasury certificates matur
ing on September IS, the current expenses of
the government to be provided for by the
f 200.000,000 issue of S . per cent new
certificates announced this morning.
Fall In Exchange .
The fall in exchange rates carried sterling
down 2 cents on the pound from its high of a
week ago and the francs. .30 frecn the top
of the recovery which culminated last Wednes
day. Oerman marks sold under .07 again and
were thus only two one-hundredths of a cent
away from their extreme low. Ostensibly
these declines were a response to the hitch in
the negotiations between Germany and Bel
gium regarding the natnre of the security to
be girrn the Belgian government in lieu of
the cash due during the remainder of 1022.
Still there is no serious idea, that these confer-;
ences will not go through in the end. .Over
the week cables from the European centers
struck the most cheerful note of any similar
advices for soma time.
They were uniformly favorable toward the
Stinnes plan for paying the indemnity with
tnaterials supplied to derostated France and
were equally hopeful regarding its acceptance.
Realizing Sale 8hewn
At times during the day on the stock ex
change there . were symptoms of large and care
fully conducted realizing. But this selling
was not pressed to the extent of checking the
rise in individual stocks which went on tn
the same fashion as it had. been going on for
the last month or more. United States Steel
common reached a new high for the year a
clear enough answer on . the part of Wall
street as to how it looked upon the question
of .the fuel supply. Some of the recent fa
vorites like Studebaker,. Mexican Petroleum
and Crucible Steel felt the effect of speculative
realizing. As an offset to this, however, new
leaders were taken up, like International
Paper, American Steel Foundries and Hupp
Motors.
Rail Share 'Erratic
Railroad shares were Tariable but with more
advances than decline. Here, too, there was
no indication of any, change in the opinion
which the market has been expressing right
along that the shopmen's strike has not been
interfering and will not interfere with current
earnings and that the problem of handling a
record coal tonnage along with the seasonal
movement of grain and a good average mer
chandise traffic, will be successfully solved.
Wall Street, Xew Tork. Best. It
Qaiet strength characterised the so ad
saarset tday. Frlme ia vest meat Is
aacs vers is aaasaal denaad. Tar re
mi the same exnibltloa of cenfldeace
la a eontiBBA&r of low money rate
t)it sat bees a testers of boss trsdlsg
so tost;.
The Meerty loss were streamer thaa
la seats tine. The foarta V grot as
to ltl. Liberty beads of late bare bee a
selUnr oat of tas lias with the yields
oa alga grade muaieipals. Probably
this was dae ia part at least to concern
over tbe boaas siteatioa which seem
to hare abated somewhat. At aay rate
wasa a nBBlelpai bond Ilka the rity of
Scheneclady lssas coald be marketed
oa a 8.i basis it waa evident that
there was room for Improvement la
Liberties.
Canadian Pari fie debenture toeh
mads a new high of 84. When these
bonds were first offered at 7s It was
considered that the price was some
what ia sdranc of ths market. For
a long time they held aroaad the issue
figare. radoabtedly this was partly
das to the aafamniarity among Airier
leaa inyestors with ths class of se
en rity.
This so-calif d debeatare stoek eor
respoaded to aa Amerlcaa mortgage
bond. At today's quotations tbe yield
ia 4.48 percent, which seems reasonably
high considering tbe fact that ths in
come issne is tabjeet to tax.
Among the 'second grade American
railroad bonds Bock Island refunding
4s aad ths St. Lonls-San Francisco
prior Ilea Issaes were conspicuous. The
former eonalled their high price for the
year. Of the latter the B's sold at
9, a new high record.
STEPS TAKEN TO INCREASE
MOVEMENTS OF FfiOT CABS
San Francisco. Sept. 11. While the railroads
are still -short of men in their shops, they are
steadily improving their service and the appre
hension of fruit growers as to the marketing of
their crops has been allayed. Fruit is moving
steadily and steps have been taken to increase
the number of refrigerator cars in service.
There has been a steady increase in bank
clearings and deposits in tbe last week and
a widening activity in building construction
with more work in sight than the available
supply of trained artisan can do. Ketail trade
ia improving.
In financial circles the drop in as tail trade
is attributed largely to the psychological influ
ence of the labor disturbances and that actual
losses have been magnified.
New Tork, Sept. 11. Following is an of
ficial list of all bonds traded in on the New
Tork Stoek Exchange today with prices and
aalea up to and including the close of the
market. Total sales today were 110.129,000.
against $8,658,000 Saturday, holiday a week
ago, $8,480,000 a year ago and $8,048,000
two year ago. . ... nnn
Front January 1 to date $8,008,418,000
against $2,109,458,000 a year ago. and $S.
578,765.000 two year ago,
LIBERTY BONDS
Sales (In $1000)
COTTOS CLOTHS TRADE IS
BEVIVED I2J DETGOOBS MARKET
New Tork, Sept. 11. Trade in cotton cloth
received it impetus today from the firm open
ing of the market for. the new raw staple and
new of further wage adjustment in the Maine,
New Hampshire and Massachusetts textile mills.
Prices for the standard print' cloths were firm
and sheetings were strong, with a tendency to
ward higher prices. The demand centered
largely in the print cloths and in sheetings for
the bag trade, although there was inquiry also
for a fair volume of sateens, drills and twills.
Tire fabrics were an exception to tbe general
active trend and cotton ducks also were quiet.
Some shading was in evidence in the raw
silk market, but in most instance current
prices were well maintained.
FOREIGX EXCHANGE BATES
Corrected daily by the foreign exchange de
partment of the United States National bank.
Quotations below (except the pound ster
ling), are quoted on the basia cf lOOiunits
foreign currency.
Opening nominal rates on bank Ub
tious: uratt
London ?- checks.
Lbs.. sterling..$ 4.45 K
7.65 i
7.21 4
.06
4.29 H
Parte Francs.
Belgium Francs
Berlin Marks. . .
(ienoa Lire. . . .
Athens
Drachmas. . . .
Copenhagen
Kroner
Christian!
Kroner.
Stockholm
Kroner
Hongkong
Currency. . . .
Japan Yen. . . .
Shanghai Taels
on bank
Cable
transfers.
$ 4.45ft
7.66
7.22
on H
4. SO
nsac
I Par
rvalue.
8 4.866
1S 30
lit. SO
23.81
18.30
2.70
21.31
16.73
26.52
2.70
21.36
16.78
26.57
19 SO
0
26;70
26.70
26.70
57.80 58.05
48.25 48.40
77.60 77.90
Canadian dollar discount. 1 IS 2 per cent.
Philadelphia Employment Stationary
Philadelphia, Sept. 11. Emnlpyment in this
immediate section remainea practically station
ary through August and the tint few day
of this- month. According to the Chamber
of Commerce figures available her today,
there was a decrease of under 1 per cent
Iron and steel, tobacco, automobile body man
ufaetorcrs and textile manufacturers report
gain. The chemical industry, lumber, leather
and paper sustained the decreaata.
Experiment Bice Growing
Castle Sock. Wash., Sept 11. An inter
esting experiment has beea made to .pt
whether wild rice would grow successfully in
the swamp surrounding Castle Rock. James
Price purchased the seed and sowed It early
this spring. The stalks have grown nine feet
high bo far. Th local run club and hunters
will probably prepare more feeding grounds
and the wild duck and other birds are es
pecially 1 attracted to th rice. Castle Reek
may become a great hunting ground if, this
plan la carried out.
Philadelphia Basinets Im pro ring
Philadelphia. Sept. 11. The homecoming
tide of vacationists is at its height and as a
consequence business in this city is expected
to improve tremendously after September 13,
as many of th large buyer a well a th
large merchant have been out of town.
Labor Shortage ia Bostoa
Boston, Sept. 1 1 There is argent demand
today for labor la this district is the building
trades. In some sections mere building me
chanics could be used thaa are available.
Wage are very firm, with a distinct upward
tendency. Cnskilled labor continues tn fair
demand throughout all New Knglaiwi and there
ia not enough first das tana help to till
requirements.
'Overbed & Cooke Co.1
BBOXXBS
Member Chleee Boars of Tiaila,
Boar of Trade Bid)-. PertkuvS..
feodleten. Ore WaHa Malta.
STOCKS, BONDS,
GRAIN AND COTTON
DIRECT PBITATB WIBES
.Logan & Bryan
2TBW TOSX A.5D CHICAGO
High
218Lfb. SHs
218 Lib Ss
7 do SHt reg. .
8 1 do 2d 4s reg. .
501 do ls 4 hit. .
2921 do 2d 4 Vi. . .
4 do 2d 4 Hs reg
475 do Sd 4 Hi. -
7 do 8d 4 s reg
1070 do 4th 4 s. .
61 do" 4th 4 Vis reg!
200 Vic 4l
7 do 4 4 reg . .
268 do 4s
11 do 4 reg . . .
FOREIGN
1 Argentine 3s. . . .
14 do 7s
24 C. of Mont
20 Belgium 7 Ms-...
22 do 8s
4 do 6s . . I
1 Chinese Ry. 5s . .
1 Bern 8s
13 Bordeaux 6s
1 6 Copenhagen 6 V4 .
elChristiania 8. . .
16 Lyons 6s
1 1 Marseilles 6s ... .
l'Montevidio 7s. . .
23 Prague 7Hi
11 R. de Jan. 8s. .
8 do 8s certfs. . .
7 Soissons 8s
24lSao Paulo 8...
2'Tokio 6s
1 (Zurich 8s
T tl. of Sein 7s t.e.
1 1 Danish 8s A . . . .
14 Dam. R. 5Vs..
8 D. of Can. 5 H nU.
8 do 5s '26.
92 do 5s '52.
S do 6s 31.
109.D. K. I. rcts.6s-47
69 do 6s '62 .
114 French 8s
197! do 7Hs
21 (Imp Jap 1st 4 Hs.
81 do 2d 4 Hs.. ..
28 do sterl In 4s.
6; Denmark &
27 do ctf s
1 Ttalr 6 Vi s A . . . .
80 Nethermds rets 6s
OiNorway 8s
2 Sweden 6s
36
28
8
8
1
19
low Close
10090 10080'100&0
10090 1008010090
10076 10068:10076
9996 9976 9996
10070 10064:10072
10034 1O024I10028
10014 10012110012
10036 10026110030
10018 10012,10018
10100 1006810084
100721006il0070
1 novo 1 rtOTO 1007 2
I10052!1005210052
10034!l003jl003tl
10024110018 10020
BON Do
84
102
93 4
107
105 4
99
53
112
82 K
94
1094
83 H
82 V
93 Vi
86
100
102
80 H
103
72
115
90
110
93
102
100
99
100
97
96
102
99
94
93
82
111
99
98
95
112
10b
98
102
108
104
93
96
84 I 84
101102
93 93
106 !07
105 105
99
6-3
112
83
93
109
83
81
93
85
100
101
80
102
72
115
90
109
92
102
100
99
100
96
96
102
98
-94
93 I
82
110
99
96
95
112
106
98
102
103
104
93 .
95
111
104
121
100
102
99
53
112
82
98
109
83
82
93
85
100
102
80
102
72
115
90
109
93 H
102
100
09
100
96
96
102
98
94
93
82
111
99
96
95
112
106
98
102
103
104
93
95
112
104
121
101
102
Bolivia Ss
Chile fts . . .
do 8s
do 8s ctfs
Cuba 5s . . .
Czechoslavia 8s cts!
6 Queensland 7s ...1112
21' do 6s ctfs .. .104
19iSwiss 8s 121
12!Rio Gr de Sul 8sil01
24i8ao Paulo 8s. . . 1 102
U'lfi R A: I 5s.
100 1-161100 1-1100 1-16
22 do 5s !107 107S;107H
1 do Bs 108 100 100
2 do S C ...05 105 105
89 Bratil 8 103 102 103
1 do 7 ret... 8b 88 88
27 do 7 s rets... 90 89, 89
1 do 7s C '52. 90 90 90
13 TJ 8 of Mex 5s.. J 56 56 58
51 do Urge 6a.... I 54 54 64
17 do 4b ! 43 42 42
NEW TORK CITT BONDS
10IN Y C 4 651108 Vi i ilOS
MISCELLANEOUS AND INDUSTRIAL
BOSDS
8Ajax Rub 8s 99
58!Am Ag Chm 7 s 105
11 do 1st ev Bs. . 99
15, Am Smelt 1st 5s. 95
24jAm Sug&Ref 6s.. 04
8Am TAT cvt 6s. 115
6 do col tr 5s. . . 99
6 do cvt 4 s.. . 101
6 do col 4s ... . 93
2Ata W Work 5. 82
2Am Wr Pper 6s. 86
26 Anton Jurgen I'n
I Marg cvt 6s. . . 80
2IArraour r est 4s 92
1 Atl Fruit evt 7s. 38
26At Ref deb 5s. . 99
20Bell Tel of Pa 7sil08
lBthSUlst ext 5s. I 99
1 do ref 6 97
9! do P m 5 I 94
6 do Ss 1100
4 (Brad en Cop 6s.. I 90
2!Bklyn Edi 6 SBjlOSH
3 do gen Ts SC. 1108
6!Bkl Edi 5s I 99
16Bkl Un Gas 7s..118H
28 Canadian G El 6s;105
4jCnt DU Tel Bs.1100
2 Cent Lea Gen 6s 98
1 Cer D Pas cvt 8s!l29
19 Chile Cop cvt 7sil06
46! do col tr 6s. 94
16iCin G A El BHslOO
lOlColo Ind 5s . . . 79
3'Cmp Ax Bar 7 HsUOl
10 Col G A E 5a. . 96
15 do stamped . . 96
12iComp-Tab Rec 6s 97
2 -Con Coal Md 5s. 92
3!C C S cvdbTs.. 90
6 do 8s sta . . . 93
13 C Am Sug 8s.. 106
9 Dea Gas 5 '51. SO
9 Det Cit Ga 5a. 100
3 Det Edi rfg 6s.. 105
5 Det Rir Tun 4 92H
5.Dia Match db7sl07
2'Doo. Steel ref 7s. I 94
7jl0S
5 Dupont d N
26 Du LtAPow 6Hi
7 do 7
212 Era GAF cvt7s
6 Ft Ia D deb 7l
3 ran elagar 7a.
liGen El deb 6s
81 do deb 5s. . . .
.2 2 'Goodrich 1st 8 s
- Good TAR 8 '41
STt do 8s '81
ll;Grnby Min 8s..
16:Hol Ara H 6 rets
16Hu O&Rdeb 6 V, si
4iIU Steel deb 4 sl
4 HI Steel 6s
3:Utt O Bs
8,Int Pap 5s B. . .
25 Int Mer Ma SF 6s:
2 '3 Kayser - 7s
103
107
97
96
103
107
102
102
116
100
99
88
100
93
101
110
89
93
103
2, Kelij -Spring T SajlOS
5s..
5; Lack Steel
1 . So 5
llLacJede Gas ref ts!
1 Lisa x Myers Ts
Si do Ss . . .
1 iLorillard 5 . . .
3 Ma 8a db7 ctfsj
7 Mar Oil 7a war
l!Mx Pete 8
7 Mich Sta Tel 5.
(alii Ga A Lt 4.
S:Mont Pew 1st as.
S Morris 4 ....
"TtNat Tube 5. ...
42fN E TATlst 5s A
100
93
95
118
100
99 "
9S
111
167
94
99
88
101
98
104
99
94
104
115
99
101
93
81
86
79H
92
38
99 H
108
99
97
93
100
99
103 H
108
99 H
118
103H
100
98
129
106
94
99
79
101
96
934
97
92
0
93
106
89
100
104 ,
92
107
94
108
1$5
107
97
96
10$ H
107
102
10 J
116
100
99
88
99
92
101
110
89
93
103
108
10O
9.2
95
118
100
89
99
110
107
99
94
99
88
100
99
84
98
105
99
95
104
115
99
101
93
81
86
79
92
38
99
108
99
97
94
100
99
103
108
99 H
118
105
100
98
129
108
94.
100
79
101
96
95
97
92
90
93
106
89
100
104
92
107
94
108
103
107
'
9
108
107
102
102
116
100
99
88
99
93
101
110. .
89
98
103
108
100
92
93
118
100
99
99
111
107
9
94
99
88
101
19 do ref S (197
1 Via Fall Pow SsjlOI
lSjN Am Edt 6 ... 1 SS
9(X Ohio TrALt Ss SS
lOJfor StsPwrlst 5f 94
IN W Bell Tea 75107
liOnt Lt A Pwr 61 97
80 Otis Steel 7s 95
2Pae Ga A El 5) 93
17Pe Pwr A Lt 5a 94
LSiPaa TATS.. 99
108j do 5 let. ... 94
2SiPackard Mot 8a. 107
1 Peepiee Ga A Ck
of Chi H. . . . -w
6 Phil Co. ref 6.. 102
17jPub Ser of NJ5. . 89
1 It-unta AMgr sasi
I evt deb 7
3!Prod A fief 8s...
2 Reran 1st 6 SA.
2 R Brown Iron 7s
9'Saks A Co 7. . .
7!Sinelr C Oil 5!
155 do cvt 7 .
42 do 7 ret .
' 1 1 Sharon 8tJHoop8s
5SouPortRic8tt 7s
llSoo Bel T4T 5s.
SOiStndOOfCal deb Tsi
8iSUATb Co ofA7a
SiTidewter OU al
UjTol Edi 1st 7s..
14, Tel Trao 6a...
ITob Prod 7s .. .
80 I n Bag&P 6 efs
5 1 In Tnk Car 7.
3ICni Drug 8'
3 US Hffma Mch Ssj
2 t u uerp ctu,
1 U S Robber 7s
66 do 5
8 T7 S Steel f 5.
SiUUh Pwr A Lt 6
1 7 Va-Cbem 6 . .
19 do 7 to A
1 do 7 H s -. -
56 do cvt 7s warl
10jWrner Sug Rf 7s
2 West Klee 5s . . . .
SjW U ri est 4 s.
7iVestghse El 7s. .
4 j Winch Arms 7 s
8iWilson cvt 6s. . . .
77! do 7s
RAILROAD
11 Ann Arbor 4
1
1
1
2
28
15 1 At TAS Fe gen4si
41 do di 4
7 do Tr 8 L 41
11 ACLLAN col tr4l
AU Dan 4s .
11 B A O 6 . .
do ref 5 .
8 do cvt 4 Vis
4 do P L E A
W T div
do TolACin div
do 8 s Sws dv
Bdwy. 7 th v.
con 6s . . . .
IBklynR Tr5 ctf si
do Ts
9!Bkln Rp Tr 7s tr
I CO ctfs .
10 do 7s co ctfs stl
1 5 1 Bush Term 6s .
2Can Son 5a
16 Con Nor 7s. .
2 do deb 6 Vis
74 Can Pac 4sr . .
2!Cent Ry Brasil 7s
liCent Ga Ry 6 C
2 Cent Pac s f 8s
1 do 1st ref 4
llOentANew Egn 4s
185iC A O cvt 5.
5 do gen 4 s .
do cvt 4 Vi s
& Alton rfg 3s
do 3 H s
B Q gen 4s.
do ref 5s . .
C.B.Q. 4s 111. div.
C. A E. I. 5
Chi A Erie 1st 5s
iChi. G. W. 4.
32:Chi G W 4s. .
ISiCMST Pert 4
139 do rfg. 4HsA.
30 do cvt. 6s B
29 do 4s
6 do deb. 4s.
6 C. M. P. S. 1st 4s
110
102
95
3
100
99
105
101
98
102
98
106
100
103
108
100
106
101
104
118
103
94
109
90
108
98
100
98
105
08
lu3
100
93
101
U
87
107
BONDS
71
93
85
89 it
85-vr
101
91
86
107
191
96
96
8
107
97
95
98
94
98
98
107
96
101
89
110
1S2
95
5
100
99
103
101
98
102
98
105
100
103
108
99
106
100
104
112
103
94
107
191
SS
96
94
107
97
95
93
94
99
94
107
99
101
89
110
102
5
93 H
100
99
109
101
98
102
98
106
100
108
108
100
108
101
104
112
103
94
109 109 H
90
108
98
100
98
105
97
103
100
93
101
103
96 (
90
108
93
100
98
105
98
103
100
98
101
103
96
106 1107
84
71
98
77
64
92
91
89
91
101
114
114
84
92
100
93
90
65
98
90
91
56
37
92
101 H
91
86
98
68
58
75
69
78
85
67
74
110
111
107
108
82
84
86
2 C. St. P.M.AO.d5s 97
1 S P M A Ocon8s,109
2Cbi TJ 8 A s. . . 77
2 f'h Ok A- l Hi! 98
4 7 tO C Q A 8 U 6 A. 102
i a i r-i tt n.. k ix .:i AK Ti
A Tt i vi xj ICiUl ss 7W
8 Cub R R 5s
98 Del A Bud cvt 6s
161 do 6Hs .
10 Del I R 5s. . .
1 Den A R G imS
9 do . rfg 6
5 do rfg 5s bk ctf
liDet U Rys 4 Hs.
56
82C
Z7
i;c
27
1
28
8
32
1
1
10
2
12
2
279
C. N. W. 7s
do SHs.
do gen. 3H.
do a-en 5s
Chi. Rys. Co. ffs
C. R. I. A P.I. 4
do rfg. 4s
1 Erie 1st con 7s ext
4 3 do gen lien 4.
3 do pr lien 4s. .
6 do cvt 4s A. . .
11 do cvt 4s B. . .
27 do cvt it D..
1 do Gen Rir 6s
6 Dul & I R 5s
24iGr Trk of Cn 7s!
3 do 6s .
141 Gt Nor 7
1 do 4H
6 do 5s
6!Gr Bay-W deb B
liHav 1 Ry 5s. .
31 do Lt A P 5s
4 HVU 1st con 4 Hs
7 H A M ref 5 A.
91 do adj ino 5s.
9:IU Cent 5
21 do 4
1 i do 4 Cairo Bdg
div
23 Inturb Met 4 Ha.
301 do ctfs 4 Hs sta
2 9jlnt Rap Tr cvt 7s
6!) do tr ref 5s. .
26
bankers
6s
do rf 5s
ctfs
48 Int Gt N adj
11! do 7s
l:fowa Cent rf 4s. .
12iKCFtSM 4s
24jK O Sou 5s. . . .
5 do 1st 8s '
10!K C Term 1st 4s
lS KeokADMoin 7s
Siblings Co El 4s sta
1;L K A W 1st 5s
2,L S M S3sdb4s
1 Leh V P con4s
81 do gen 4s.
1 'Long Is ref 4s.
2:L A unl 4s.
2' do 5Hs ..
20lL & A ANW5
llMan S W CoHx5s!
11 Mat St Ry con 5s
2 do 6s
2M K RyALt Ssl
2:M SpartaAN-VV 4a
5;M St L OS
91 do rfg 4s ..
2 MStP A 8 S M 6s,
15 do 6 Hs
27 M K A T 4 B.
187 do 6s A . . .
22 do adj 5A.
134 do 6s C .. .
10 Mo Pac rfg Ss..
Hi do s
281 do gen 64s .
2IMAO StL C ill
2 Mont Tram ref 5s
fiN. O..T.AM.ine.Bs!
69:N. T. C. deb. 6s:
1 do eoL 7. . . .
2NTC.AH.RvKS
180 N.T.C.AH.B.6. ..
2 NTCLSeol tr.SHs,
1INTC MCcoL tr.6J
7 pTTNH AHdeh. 6
7( do evt. S.
2 NTNHAH deb. 4s
1
6
6
5
9
4
3
2
46
184
2
5
30
6
105
88
102
102
101
82
48
45
85
99
55
86
52
52
64
96
101
114
105
118
96
105
14
82
87
89
88
66
102
86
92
15 H
15 H
96
72 H
73
64
100 H
44
83
92
' 71
86
94
79
95
93
93
84
83
93
106
75
97
89
94
99
92
81
43
101
106
t3
89
65
99
97
108
t-UH
91
91
82
107
)107
81 H
99
77
80
65
68
98
63
86
NTNBAH debSHsl
N T Ry ref 4s
do ref 4 tr eo
ctf 87
do adj 5s 1101
NT 8 Ry con4Hs 78
NT WABos 4;
Nor A Son sen 51
NAW & R con 41
do cvt 6 . . .
Nor Pac 6a B.
do 4s ...
do pr 11 4.
do aea 8. .
do ref A Imp 5 si
l'Or A Cl 1st 6s
Ore 8a Line 1st
congtd ss
8 de rfg 4 . .
HIO W B R. N 41
58iPZ.sC R R 6 ctf.l
13
7
1
11
1
12
2
21
16
14
34
5
" 2
56
Tl
18j
42
52!
Pa & U 7
do 5 .......
do eon 4 H . .
do gold 6Hs ..
do g a 4s.
do gold 4. . .
P AA E too 4. .
Per Mar rfg 5s.
do 4 . . .
PCCASt. L bs A
P R L A P 7,
Reeding gea S.
R I A A L 4
StL I MAS gea 61
de ref 4a . . . .
do R A G 4. .
StLASFpr m4A.
do
do
do
5 B
adj 6.
ine S .
57
69
94
124
110
92
91
64
99
100
106
94
86
77
112
102
100
111
B9
83
100
84
101
107
86
85
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1
S3
75
SO
86
79
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113 H
83 H
92
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90
65
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90
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64
36
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85
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58
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67
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110
111
107
108
82
84
85
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101
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47
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55
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52
62
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113
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8iH
92
15
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72
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54
100
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85
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79
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93
98
84
83
93
106
75
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83
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63
96
97
108
69
91
91
82
106
107
81
99
77
80
84
51
98
58
86
37
101
72
67
69
94
123
109
93
91
64
99
100
103
93
85
75
112
102
100
111
s
88
88
100
84
101
MT
SS
85
99
90
7
75
89
84
78
96
88
4
78
71
92
84
89
85
82
101
91
86
84
71
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77
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91
88
91
101
114
114
83
92
100
93
90
63
98
90
91
65
36
92
101
91
86
98
58
58
75
69
78
84
67
74
110
111
107
108
82
84
88
97
109
77
98
102
105
86
192
102
105
82
47
45
86
99
53
86
62
52
54
96
101
113
105
113
96
105
14
82 H
86
89 H
88H
66
103
60
92
15 H
15
oe
72
72
Z4
100
44
83
92
71
83
f4
79
95
93
93
84
83
93
106
75
97
89
94
99 -
92
81
44
101 S
106
83
88
65
99
97
103
69
91
91
62
107
107
81
99
77
80
85
52
98
63
86
87
101
78
67
69
94
123
110
93
91
64
99
100
105
94
86
T5
113
103
100
111
94
88
88
100
84
101
107
86
85
99
91
87
75
89
85
78
96
88
4
79
WEARING APPAREL
PRICES TO RISE
y l. O. Movie
(Copyright. 1923. by The ; Joromal.)
New Tork. Bept. 11. Wearing apparel
nnratstakablr is headed for higher price, bat
th increases in prospect will he kept within
tsirty narrow limits. " This trend is being
shown especially in the ease of ' woolen
goods, according to telegraphic report re
ceived from New England manufacturers within
the but 12 hoars,' and to the opinions of the
early arrival among retail dealers here for the
meeting of the National Retail Clothier as
sociation. ' .. . '
freer a vnilNna srBofll children retnrnea to
their studio today in this city alone and other
million throughout the country began their
school year. The outfitting of these children
tor tbe fan and winter, annooga aesayeet ey
warm- weather, can be counted pn to exercise
a tremendous in flue nee in the apparel trades.
The agreement of tn tann com ere oa a
81 cent a pound duty on wool ha strength
ened the wool msrket materially. Buying in
ty,m m.1 Mtm bv manufacturers of doth is
widening and domestic wools are Becoming
more scarce. Holders of wool are convinced
that prices must move upward, although th
limit nf their advance is ekterly marked by
the point at which foreign wool may be
removed from bond or Imported in competition
with tbe domestic product.
Mannfaetum of woolen ana womtea l
today that there wa a steady improve
in demand for their prod nets, especially
for men's suitings aad overcoatings and pro
HnkB nf th mills ia ineraaaigig.
Labor east are also oa tn increase, now-
ever Tor nvuiufactnrer are baring to go into
the 'market and bid for labor against ether
industries. Other mannraetunng coat are
high and manufacturer therefore regard in-
erased rjrieea lor wooian ciotn a weviwoic.
The emnloves of tne Amoskeag Manufac
turing company, operators of th largest cotton
mill in the world, went to work at in
creased wages today. The amount of the
inmate was not fixed, bat textile men be
lieved it will be more than th 20 per cent
reduction made last month. AU the main
textile mill and the majority of th Masi
ihnactt mills have restored the eld wage scale
and similar action i expected by New Hamp
shire miuowTier.
Minneapolis Sept. 11. Wholesale cloth
iers report a Wc demand for men furnish
Ins, shoes, hats, caps and furs,
COAL
Da Witt. Mo.. Scot. 11. Two more eoal
mine will be opened shortly with additional
development in the vicinity of this town.
ZINC
Joplin. Ma, Sept. 1 1. The Joplln A
Pittsburg railroad ha completed plans for n
extension from the Kansas eoal fields to the
xino district of Oklahoma. Tbe extension will
run from Columbus, Kan., to Pitcher. Okla.
FRUIT
San Praneiseo. Sent. 11. Tne prane mar
ket ia weak with few buyers in sight. The
managers of the Prunegrowers association are
apparently satisfied with the situation, but the
individual growers are discontented with th
crop.
Little Rock, Ark., Sept. 11.. Applegrowers
in Northern Arkansas will meet in Spring
dale next Monday to form a cooperative mar
keting association.
AUTOMOBILES
Cleveland. Ohio, 8ept. 11. The second
week of September found all of the automo
bile plants pushing their fall production to
the utmost for the purpose of meeting heavy
orders.
WALL STREET STOCK QUOTATIONS
Reported by Overbeck A Cook Co.
?f yr Tors, Seat. 11 Tks prtaetaal
features oa tas ears tosay were rea
soned su-ttTltle aad realtalaa; sales
U tas Staadard Oils, hlfrher price for
tems af the department stars stocks
asd wide nsetaaUoss ia U shares
of tas Seaslts Stores corporation.
Kappeaheimer Co. 7 per seat caraaia
ttvo preferred stock aad commos atock
were admitted to trading; apoa wwaea
lssaed" hast. The first" sals ta ths
preferred took plaea at a premium af
34 point soots us sassenpuoB price.
Later ths stock sold np a point, to
11. Kappeaheimer eostmoa alio com
maaded a sabstaatlal premiajn.
Standard Oil of Iadlaaa opsaed
ftroBc bat raa lata BeaTj- reausia;
aalet aad dropped S polats before
ths reaetloa was checked. Imperial
OU af Canada International Petroleum
aad Staadard Oil of Keataeky alas ea
ro an tared rcaUslas; aaies. Oa ths
other a sad, oa a starls traasacUoa,
Ohio Oil told as 8 polats aad Staadard
CIl of ew Tork was firm. Cities
Service Issses coatlaasd strong;, bat
as a rale the ladepeadeat oils were
lower. Tkls was tras of Xw E ar
ias Fsel Oil, New Tork Oil aad
Carrlbbeaa Syndicate. Soatkera States
OU aad Salt Creek Producers were
somewhat higher.
Daraat Motors was aa active leader
arala la tas astomoblle grasp.
LIVESTOCK
Kansas City, Sept. 11. Fodder supplies
are low throughout the range district of Okla
homa. The pastures have failed in many
sections aa a reault of the protracted drouth.
Lack of moisture also is playing havoo with she
cotton crop in the western and southern sections
of the state. Corn also has been hit.
RUBBER
Akron. Ohio, Sept. 11. Tire factories of
Akron and other points in Northern Ohio
report a heavy increase in buying orders dur
ing the last three weeks. The August output
of th Akran factories was reported aa 2,760,
000 tires. The Goodyear company, which
turned out an average of 6000 tire a day
for the Ford eotxtpaay, has announced a re
duction to four day a wvtek in the working
schedule on account of Ford cancellations.
GLASb'
Huntingdon, Pa.. Sept. 11. The Pennsyl
vania Glass Sand and Pittsburg Sand com
panies hare announced general wag in
creases. SHOES
Mew Orleans, Sept, 11. Shoe order have
advanced materially in volume thia week, but
are running slightly under the total of 1921
in money value. Factories are operating at
about 60 per cent of capacity.
HARDWARE
Pittsburg, Sept. 11. Machine tools are in
fair demand after the recent price advance of
10 per cent.
CANNED GOODS
Monnett, Ark., .Sept. 11. Canning factories
with a daily output of 12,000 can have
been put into operation in the peach dis
tricts around thia city.
Shortage of Befriaremtor Cars
Wenatchee. Wash., Sept. 11. The reduc
tion in the crop estimate from 1 5,000 car
to 14.000 cars doe not effect the need of
this district for refrigerator cars. Seven
thousand will be needed in October, and more
than that could be used. Tbe reduction in
the estimate of 887 car on account of th
hail storm August 80 doe not mean a reduc
tion in the amount of shipping thia fall. The
reduction should come from spring shipping.
I run snippers
Foar Cars Cedar Skipped
Bsndon, Sept. 11. Four carload of cedar
were ahipped by the E. M. Beckham A Co.
mill this week, with two more loads ready for
shipment.
9S A L gold Sta4s 61 j J 60 61
21 do rfg 4s. .1 46 46 j 46
15 do adj 5s ...I 29 29 29
66 do con 6s . . 70 69 69
6 Sou Pao cvt 4.. 93 98 93
9 do rfg 4s... 91 91 91
36 do col tr 4s.. 89 89 89
29 Sou Ry 4 71 71 71
14 do com 5s.. 99 99 99
7 do 6Hs 104 104 104
SSou Ry St L dv4s 81 81 81
S Ten Coal ImRR 6s 1 00 100 -100
12 Tex Pao 1st 6s.. 98 98 98
10 8d At rfg 4... 67 ST 67
4 do adj ts 68 68 68
1 Term AssnStLs 5s 99 99 99
27.U P 1st 4s 94 94 94
60 do evt 4s 95 95 95
26Un RH of 8tL4s. 67: 66 66
liUn RR Inr Co of
8 F 5s 90 90 90
10 1 V Ry A Pow 5s. 84 84 84
ltVa Ry 6 100 100 100
4Wbh 1st 5s.. 100 100 100
7, do 2d 6s 93 92 92
136Wt Md 4 69 68 68
12Wt NYAPolst 6( 88 87 87
12 West Pc 6 98 87 87
20 do 6 99 99 99
SjWest Shore 4s 85 83 85
1 WhlALE ref 4s 71 71 71
1 Wilkesb AE 1st Ss 69 69 69
8TANDAR DOTX. ISSUES
900 Anglo Am Oil... 20 20 30
100 Anglo Am Corpn
of S Africa... 24! 24 34
40 Ohio Oil 293 390 292
860 Imp Oil of Can. 118 113 118
3800 InU Pet Co Ltd. 22 23 32
SOiPxairie P. L. . . . 266 265 265
27500jS O Ind 119 11.7 118
1800)3 O Ky (new).. 110 109 110
608 O N T 452 461 453
SOTacnum OU 475 473 475
Efficiency
Low Cost
I -
F.W. Baltes
& Company
Printers
. ,;t
. . First cod Oak Streets
Broavdw7ayel64i
Adams Express.
Advance Ram .
do pfd.
Agr Chem
do pfd.
Ajax Rubber . .
Alaska Gold
Alaska Juneau . .
Allied Chem . .
1 3 00 lAUis-Chalmers .
6001 do pfd. .
. . . Am Beet Sugar.
600; Am Bosch
800
.....!
1600
600
7500
6200
2600
100
!
200
"iod1
...... I
100
1809
600
6200
" '466
2300
1800
Am Can Co. . , . ,
do pfd.
n Car A Fdy.
do pf A
a Cot Oil. . . .
do pfd.
Am Prog Syad . ,
Am Hide A Lea.
do pfd. . . . .
Am let .......
Am Int Corp . .
Am Linseed . . .
do pfd. ....
Am Loco
do pfd.
Am 8f Rssot. . .
Am Chip A Com
Am Smelter . . . i
1 do pfd.
400!Am Jlnuff
4000Am Steel Fdy...
1000 Am Sugar
do pfd
Am Sumatra ....
Am Tel A Tel.. I
Tobacco. . .
do "B"
Am Wool
do pfd
do W P pfd. .
Am Zino
Anaconda
Aasd Oil .
3700Atchion
100 do pfd
2800 Atl Coast Line..
600 AU G A W I. . .
12300 Baldwin Loco. . . .
do pfd ......
50OO Balto A Ohio
7O0 do pfd
SOOOIBarnsdell Corpn..
8500 Beth Str-"B"
Booth Fish
700 B R T. .
200 Butte C A Z. . . .
1100 Butt A Sup
SOOIBnms Bros . . . .
200jOeddo Oil
8700Calif Packing. . .
1700Clif Pet
200 do pfd
5800Cndin Pao . . .
8900Cen Leather . . .
400Cerro de Pasco. .
1600 Con Textile ... .
8300Chndler Motor. .
9000Chi A N W
600
8400
800Am
400
11800
100
800
4400
TOO
4000
1100
4600
4500
6000
1000
1600
1200
400
Chi Gt W
do pfd
Chile Cop
Cbino
C M St P
do pfd
Coco Cola
C A O
Colo F A I
Colo South
Col Gas A Elec . .
Colombia Graph. .
22
40
73
15
89
59
193
44 ''
83
isi "
28
8
'73'
130
35
I
127
"7
20
65
iss" '
46
123:
167
163
103
110
82
'55
103
93
124
81
187
58
65
38
79
25
7
29
188
10
88
64
98
149
42
40
11
64
95
7
7800tOon Ga
1600jCon Cigar ....
1000 Cont Can
ICity Svo Bank..
1900!Corn Prod
do pfd
7600 Cosden Oil
10000 C R I A P
500 do "A" pfd . .
700 do "B" pfd. . .
8600 Crucible
100 do pfd
700 Cuba Cane ....
609 do pfd
HOOlCnban Am Sugar,
400 Del A Hudson. . ,
600Dom Mine ...
900D L A W ,
200Dsvtson Chem....
1 lOOjEndieott Johnson
25001Erie
2100 do 1st ofd
6300 Eleo 8 tor Bat.
6500
900
2900
700
200
42000
1500
5200
2400
10O
200
4100
7100
"iioo
8100
1480OI
2400
800
" "soo
100
300
4000
200
Famous Players
Fed Mng A Smelt
do pfd
Fisk Tire
Gen Cigars . . .
Gen Elec .....
Gen Motor ....
do 6
Gem Asphalt ...
Goodrich .....
Glidden Oil A P
Gran by
Gt Nor Ore
Gt Nor pfd ...
Greene Cenanea.
Gulf S Steel . . .
Glen Alden
Houston OU ...
Hupp Motor . . .
Ills Cent
Inspiration ....
Int Agr Corp o.
do pfd
Inter boro .....
do pfd
Inter Callahan .
Int. Harr
21
89
72
87
58
101
"43
63
iii"
'8
"e
'is"
119
34
I
126
19
64
150 "
42
83
40
122
165
168
100 j
110
32 I
55
104
93
123
81
185
67
65
88
78
'24
7
29
185
10
85
68
66
148
41
40
10
63
94
7
24
81
35
64
72
77
84
106
8
148
85
91
119
78
20
56
89
72
14
-
1
87
59
101
45
43
63
109
192
122
38
55
6
14
72
119
84
85
54
126
120
7
19
64
102
153
45
88
110
40
128
165
L63
103
110 ,
82
7
55
116
104
93
49
49
100
90
96
99
14
38
36
140
89
136
49
89
16
.26
48
103
61
18
81
183
15
85
68
36
15
82
41
95
84
'ii"
23
115
42
'ss' '
1
4
10
112
24
80
84
58
70
76
83
104
3
141
84
90
118
48
48
99
89
95
99
18
ss
25
138
89
185
49
87
16
25
48
101
60
12
81
182
14
B.I
66
80
15
81
40
94
88
83
21
114
41
87
1
4
9
112
aalea.1 STOCKS :
I MIg&. I Low. aid.
80011st Merc Marin..
8000) do pfd ......
12 OO lint Nickel
490011a Paper
... T.l do psd
60O Invincible Oil ...
800(Uland O0 .
(Jewel Tea
4 00 IK. C Sootbara . . .
soo do pid
7tfOjKeUy-tipgfM . . .
3700jBLenaecot ......
ISOOjSUyatono Ttr ...
600 1 Lack steal
. 6t0Le Tire
3700Lehigh Valley ...
ILorillard .......
1400iLoew Theatre ...
SOOjL A N
16 00 1 Lime Loco
SSOUlMax Motor A ...
500j do B
3400May Stores ......
1 6800, ilex Pet
300 (Miami
3OU,Mtd State Oil .. .
360OiMidTle Stl
2600 MKAT Wi
400 do pfd Wl ....
100 : Mont Power ....
1000 1 Mont Ward
HOOlMo Pac
11200 do pfd
200VMex Seabrd
SOOiMeriand Oil
12700liartin Perry ...
1700Xatl Enamel ....
10O0 Natl Lead
N'ev Cons ......
3800 Nw Haven
400 Norfolk A W ....
5509 Nor Pac ...
SOO Nova Scotia BU..
X Y Air Brake. .
8700J? T Central ....
3600orth Am .. . . . .
lSOOjOkia Prod ref..
Ont Silver , . . .
SOOjOnt A W
200lOtia Steel
100 Pacific Dot .
2001 Pao Ga A Elec
200;Punta Aliegr .
4900 Pacific Oil
6S00 Pan Amn Pet. .
2700 do -B" . . .
6000Penna
100 Peo Gas
SeOlPere Marquette
2500 jPnre Oil . . . .
4800Philllp Pete ..
1100 Piero Arrow ..
SOS Pieroe Oil ....
100 Pitt Coal ... .
700 Pitt A W ts,.
2600 Peon Seaboard .
7 00, Pressed steal Car
18 600 j Pullman
llOOiRay Coas ....
8900iReading
euoKnngton ....
500t Rep loele Steel .
3200 j Republic IAS
do pfd. ....
2100 Rep Motors . .
2T00. Royal Dutch Oil.
1100 By Steel Spg..
S O NT
7608 Sears Roebuck
Shattock, Aria .
800 Shell T AT..
9300 Sinclair
1700 Stand Oil K J.
800 Slots Shef
6700 Sou. Pacific ...
1600 Sou By ......
10700(8 O Cal
13008t L A 8 F...
1800IStromberg Carb.
20800Sttadebaker ....
Swift A Co
81
186
114
57
65
87
79
9
24
6
29
183
10
85
64
67
149
41
40
10
83
94
7
18
24
80
84
6314
72
76
83
49
105
8
142
84
91
21
118
117
48
48
99
89
95
98
14
' 88
25
188
88
135
49
16
26
48
103
15
60
12
81
180
14
84
67
86
15
31
41
94
82
84
60
83
28
115
41
9
87
1
4
9
111
200
12100
500
1400
4700
4900
2000
6300
800
500
200
100
1500
17800
800
8300
200
70000
1700
3000
200
8s66
1000
1100
1900
100
200
700
700
600
2700
2400
TOO
1700
600
SOO
200
700
700
1200
600
18
57 I
18 I
Sl
i
.;
25
681
45
37
9
79
27
71
id"
141
64
00
1
188
192
29
1S
35
19
48
73
28
23
08
20
41
33
6J
108
33' '
124
85 H
SSH
99
98
3
f
"27
10
8
84
49
58
81
77
47
98
89
83
64
11
7
71
89
I
90
189
16
82
40
83
71
.
68
122
110
98
40
84
188
61
(Si
27
117
80
57
132
108
18
65
17
69
ii"
33
68
44
37
8
79
27
71
19 1
189 jl39H
est o
67 I 68
18 19
188 1187
188
13
56
17
60
85
14
16
23
SbH
44
87
8
79
37
71
ITS
19
29
13
84
18
47
78
22
23
01
19
40
80
61
107
32
124
88
87
'98
91
2
37
10
8
84
49
68
80
38
t
93
88 f
83
52
11
"70
39
7
89
183
16
81
89
83
70
"8
67
119
109
91
46"
33
184
50
94
26
115
30
56
ISO H
108
Tenn Coo A Chem! 10) 10
raxa uu
Tea Pae
Tex Pao C A O.
Too Product . . .
Traa Cont OU.
Union Oil Del . .
Union Pac
United Alloy
United Food Prod
United Fruit
lOOOUn Bag A Paper.
V 8 Cast Iran P
Un Retail Stores.
V B Ind Alcohol.
V S Rub
do Pfd
U S Smelting. . . .
U 8 Steel ......
do pfd
Utah Copper . . .
Va Chem
do pfd
Vanadium Steel. .
Viva ndou . . . . .
Wabeah . .'
do A pfd . . . .
Wells-Fargo
Western Pae
do pfd
Western Union . .
Weatinghse A B .
do E A M
West sra
White Motors . . .
Willys-Overland ..
do ofd
Wilson Packing . .
Wia Central
Woolwerth
Worth Pump . . .
W A L E.
White On
White Eagle Oil.
Orpheom
Total
Total
ales, stocks,
(ales, bonds.
49
82
26
58
15
10
154
38
82
. .1
154
T7
84
87
68
68
102
48
32
26
58
15
18
15
29
IS H
84
18
47
72
28
23
61
20
40
82
61
107
17
32
124
89
88
78
99
91
2
6
27
10
8
83
48
68
81
76
46
98
88
83
68
11
7
70
89
7
90
188
16
81
89
33
71
92
8H
67
121
110
91
8
40
83
187
61
94
27
117
30
57
131
108 H
10H
49
82
26
58
Money and Exchange w
New Tork. Sent 11. (L N. - 8.1 Csll
I money on th floor of the New Tork stock ex
change today ruled at per cent; high, 4 H
per cent: low, 4 per cent.. Time money war-
quiet. Rates were 4 9 4 pee cent. Th mar
ket for prime mercantile paper waa 2 per cent.
Sterling exchange waa steady with business
In bankers' bills at 34.45 for demand
The current ex pence - hud ret for
Walla Walla county ia estimated by
officials at 3171,000, a reduction of id-
froximately 28,000 from last years
igurea.
18
153 H
37
82
2
37
80
6 1 6 I 6 H
154 H 154 H
76
84
84 1
65
57
102
10
121
70
28
62
IS
13
34
79
19
64
1IBH
102 H
64 H
16H
50 H
7
47
I 82
192
44
14
8
29
28
104
121
69
28
'ii"
12
12
84
79
19
63
118
102
63
15
50
7
46
'81
189
44
14
8
29
28
76
84
86
65
57
101
42
106
121
69
28
63
61
12
12
84
79
19
64
119
103
63
18
60
7
45
46
81
192
43 H
14 H
8
28
23
BOSTON SUFFERS
LABOR SHORTAGE
Boston, Sept. 11. The growing sbortag of
labor la the building trade nas become a note
worthy development here in " th last weak.
It is almost impossible to secure - competent
clumbers, aad ether trained near are almost
equally scarce. Tbe same condition obtain in
the metal trades, and manufacturers throughout
new England ara bidding for laborers. Advanoea
in wage are , reported - from many scattered
localities aad newspaper are carrying a large
volum of help wanted cd.-
The Sew England railroads new have nearly
all th shopmen they normally rue sad art
weeding out the less efficient and hiring
skilled workers as opportunity offers. Coal M
still scarce although bituminou fuel is moving
more rapidly this week.
Bids Opened for
V Montesano'Dykin
Montesano, , Wash.. Bept. ll.r! :
wars opeosd Saturday,' by ths cou-v
commissioners for tns work In oonnc -Uon
with dralnags and dyking improv
merit district Jfo. 4 artth the Westerr
Dredg-Inf company of Marshfleld, O
low at 80,SO. No award eras tna
but it I waa Mnouncsd ths comm:
skmeraiwiU meet again In a few daj
to award tha bid. Thia Improverner
district consists of approximately :
acres; located in part within tha cit.
Utnita of Aberdeen,
FHMB BHIBGE TOISH5D
Sandy. SepU 11. -Tha cabla tlun-.
bridg 'over tha Big Sandy has Ju;
been eompletsd. It is X50 fset lor,
lt fast jwids and has a towsr 0 fe
high and ls.0 fast Abovs ths water
Work on tha flume will bs finished I
the middle of December, according t
Mclntyra A Mitchell, contractors.
Foreign Exrhaags Market
New Trk. Sept. U.U. P.) Foreign ex
change opened easier. Sterling. 84.45,
off 4 : franca. .0764 . off ontou- ir
.0429, off .0005 : Belgian. .0728. off
.0008: marks, .0006. off .0000:
Dane, -.2137.
FOUNDED 1870
IiOMESTJC WOOLS IX GOOT)
DEMAND IJT BOSTON MARKET
Boston. Sept.- 11. The wool market eon
tinued - to broaden oat today and domestic
wools In general were in excellent demand.
The demand is followinr incraaaad iw- .t
th Woolen mill and some weavers are re-,
ported to be investigating with a view to fining
their heavyweight requirement aa well as bar
ing for the lightweight line for next orin.
Ths medium grade territory wool were
firm and fairly aetire and there wa a good
inquiry for quarter-blood.
Tisse Call for City Beads
City Treasurer Adams ha Issued a call for
tha presentation for payment of Portland im
provement bond numbered consecutively from
29,908 to 80.1 JO. inclusive. They are dated
October 1, 4915. and gr to be redeemed Oc
tober 1 of thia year.
Naral Stores Market
New Tork. Sept. 11. (I. N. 1 Tur
pentine Savannah, 81.23 01.28; New
lork. $1.29.
Rosin Savannah. 85.40: Jitw Tork, 86.85.
GREAT WESTERN mm
COMPANY OF CALIFOFmlA
6 BONDS
Pae February Jtl $52
These bonds ara soured by
a First Mortgsgs on ths Com
pany's Caribou Plant, and a
general raortgaga on ths entire
property. ThS Company aervea
thsi grsatsr . part of Central
California,- . including Ban
Francisco with . about 14.009
sustomsrs. . :Z - 4 ; ''
Price t 100 to yield 45
eji.rollins &so::s
ltrtmmt TJovuO
411 "LEWIS BUX1X1NG
PORTLAND,
BOSTON arSW YOK CflrCACO
rf
1.048.700 shares,
312.230.000.
Electricity Coasemption Increased
St. Louis, Sept. 11. For th first time
since the beginning of the economic reaction,
light, power and gas companies in thia section
today reported increasing consumption among
th merchant, especially in the industrial
department. Renabte labor bureau report
that in th but week there has been a strong
demand for common labor by manufacturers
and road construction and farm work.
ORDAW-WErsTWORTH &tg
.a aT-a a?
201 Railway Exchangm
Member Chicago Board of Trade
STOCKS BONDS
GRAIN COTTON
PEITATE LEASED WIBES TO
E. P. Hutton & CW
MEMBERS XLJj PRINCIPAI.
EXCHANGES
Solicit Iaqairies AH Ical
Bee arl ties
There is nothing speculative about these
bonds except as regards price of sterling
exchange. It has been steadily advancing,
and as it advances the value of these bonds
increases. They now offer you
A YIELD OF OVER 8
and
OPPORTUNITY TO PRACTICALLY
DOUBLE YOUR INVESTED
PRINCIPAL
United States of
BRAZIL
Sterling Ss of 1895 -Den. 200
At the present time these bonds can be purchased
at less than $570 for each 200 bond. With ster
ling and bonds at par they would be worth $972
each. pRICE ON APPLICATION
Make Immediate Reservations
MONE
WANTED);
HUNDREDS of thousands of people
with surplus funds Have, tjjeir money
remaining idle because they do not know
how to use it to obtain the maximum earn
ing with safety.
There is yet opportunity 4o loan to Ameri
ca's foremost corporations' your funds se
cured by first lien bonds yielding 65&" to 7
and in some instances in excess of 7. ARE
YOU GETTING
YOUR MONEY V
6;
TO 7 ON
Prosperous municipalities--towns, school
districts, irrigation districts, etc.-7-constant-ly
require money for needed improvements.
These are "little governments." In the mat
ter of security these bonds rank next to those
of our states and government They will
pay you up to 6 and even" as much as
614 for the use of your money and are
INCOME TAX EXEMPT. OTH
ERS ARE OBTAINING THIS TAX
FREE RETURN j ON THEIR
MONEY. ARE YOU?
Call on us. Write us. Phone us, Dd ivy. 5740
You nUl incur no obligation, ' ,
FnEEMAN, SMITH 0
CAMP CO.
LOwW
VS. ymmmmmm
1ITOyRia. IM'0",
aas S55lfJa IIJ 3 ''
:IUI!lltll!ltlllli!llilll!lli!!ltl!l!l!ll!lffiillilllllilllililllili
El
mmmm
!.
Municipal
Bond
0
EXEMPT FROM FEDERAL. INCOME TAXES
Rate
Sherwood, Or., water.-.-. . . 6
Port, of Toledo, Oregon. .... 6
, Umatilla County, Or., school 6 Vfc
Union, Oregon, water. . . . v. 6 .
' Weston, Or., improvement s
Wilder, Idaho, water. 6 ;
Cascade, Montana, L. I.D7 6
Deer Lodge, Mont L. I.' D. 6
! Winnett, Montana, L.-LJD. 6
Due
1933
1933-39
1942
1933-37
1924-28
-1930-40'
1925-29
1929-30
192T-28
Yield
6.25
55
5.10
5.40
5.30
6.00
6.00
6.00
6.00
Western Bond & Mortgage Company
Fourth at Oak Street , 1 , I; Portland, Oregon
Telephone Broadway 6464 V
s
84
99.
84
100
107
' SlXTGElLHAPparSsj
4
do
ra sxn
BROADWAY AND OAK
"SM do s ... .
I S T Tel deb
A do sea 4s
ISO
107
100
107
12 S L 8 W Tna 51 83
St P St A M4H
94
SS : :
16;Sa Aa AAPlst4i
79