WEDNESDAY, r OCTOBER 4, 1922.
TH12 UltttUUN UAIIA : JOU liX AL,, WWTLaAlNLY OKfcUUN.
STANDARD OIL OF CALIFORNIA- MAKES ENORMOUS SUMS ON HIGH GASOLINE .PRICES
STANDARD OIL IN
BIG MELON
CUT
Wall Stmt; SiWr XStkict. 4. Th. tir
tual disappearance of tha war cloud in Sontft-a-aatarn
Europe waa an Ififhienr sain 1b ta-
n1rALl ' f I day'- markets, tnit sou
TVJ mainly a oraatlre one
, " J-"si. 1 Sterling, francs nd lire
j-W-VTVtvw-sJ a?l went higher, and a
4 m bath French and
f JT" fAiBritliS oTrnment
bond. Wheat went
' iower and cotton high-ij
i . ' J er All thi was the;
. nstural reversal- of
f sitnaUnn only a wee
-Vj J a-o . threatened i by 'a
"Tl'- war scare. after appre-
f henskms had been r-
9 lieved. 1 ?
The eeneral invest
ment hit was ttndonpt-
edly helped by the lfa
rQpean developments,'
bnt on the t, stock iex
chsrtse there were
other matters of much
more Interest and of
npon the price mo ye men:.
Melon Out
Of prime consequence was the overnight
announcement that Standard Oil of California
proposed to double its capitalization and pay
tTck dividend of 1 per cent. wall treet
been dicaasinc such "capital raadinstmeats
Staidard Oil companies for the last
even since the defeat of the soldier
the possibility either of a res-
tax burdens or the ' creation of
had
NEW YORK BOND TRANSACTIONS
Bepartad bj.Tha Hnml'm Wall Stsaet Barnv ;1 ' -fy J-- '
maeh uiare
bearing
Oil
in the
month, or
bonus re mo red
torstion of old
new. Ssueu a large disbursement, however.
not oecot looked lor and the natural result was
another ! violent upturn in the Standard Og
-issues, led by the California shares, and the
activ. revival of speculative interest in the oil i
group generally.
Must Accept Statement
In the absence of any income acconnt or
balance sheet, there is no basis for intelligent
criticism regarding "this action by Standard Oil.
One simply mast accept at its face value the
official statement that accumulated surplus plus
expansion of .earning lower and new oil d.s
eoveries, had justified this addition to eapital
obligations. Admitting that permanent. earnine
capacity has been increased in these . ways, it
"is a sonnd principle of finance that capital
stock be ' increased proportionately and that
shareholders get the benefit through its gra
tuitous distribution, of the new issue. At all
events, the Standard Oil epiaxie onght to have
convinced the most skeptical that there has
been a great deal moire baek of the recent stock
market than the haphazard selling one day
and boyina back the next on the part of pro
fessional ojaerators. Ths motive for real ac
cumulation of stock by important financial in
terest having been disclosed in the esse of the
California company was assumed similarly for
others of the Standard Oil subsidiaries, and the
incident irtved to lend more credence to other
Items of gossip which Wall street has been
hearing in cennectioa with movements in spe
cial stocks.
Is Biscuit Advance
There was another remarkable advance in
Natienal Biscuit, in which a split-up of the
capitalixatinn into smaller units -has been dis
cussed, and Delaware. Lackawanna it Western
made a further response to the talk Qf an
other stock distribution later on in its case.
Marks tt Lew Point 71"
Herman mark, which on TueMiav hiad begun
to exhimt signs of fresh declines, today touched
a record low of H 1-iOOths of I cent. The
explanation is clear eneoilgh with the Uerroan
printing premies turning ont some eiglbt billion
new paper marks a day. but it is imissble to
set any bounds to the downward movement.
The rapid recovery in the Steel Industrjis
attested, in the weekly trade, reviews. During
September the daily iiigiron output was C7.75I1
tons as aarainst 58.580 tons in 'August. Blast
furnaces in ojieration on October 1 wiere 100.
as against a low of 144 on September I : and
back to where they stood during most of
J'lly. On the stock market the upward trend
was sustained during the afternoon.
Day of Advancing PHcaa
Today was another day of advancing prices
in all the markets. Tiie ris was especially
, sharp in quarters where the European political
crisis of a week ago had been most keenly fe"lt.
is. the foreign exchanges aiug foreign
government bonds. At $4.4 1 sterling was up
cents from its recent Inw aud I at 7.62
fraacs Were up one-tenth of a cent. English
and French government issnes were onoted Vm
point to over a point above the Tuesday's
final. AH thii.1 was a natural reversal in
situation wher- only a few days ago there had
ra apprenension oi serious trouble
otic of affairs, at tlie Dardanelles.
By Gaaita Ti H.ghea
tr All Street, yew Tert,Oet. 4
BoBtts, like stocks, ssrA avctlye mad
klarher la tosiy aaavrkeU Gi o a
selat aad nore wvre cibibob. It -wm
aotleeable that th : Iarest araf
were aaie the teeeaul grrsde. aad
tore seeealatlTe erltle. Z.Iaeriliec
for Ins taacc, while slisrhtlr hlarher, did
set make proportloaaUlT m laa-re
graJas. BaHread Wads were la speelal
demaad. Tae aetlTe lssaes eoTered as
wide .sv ran ere as Sew York Ceatral
refaadias; ' aad laproTeiaeat is and
Seaboard Airllae ds. The last aaated
bead was nore . Utaa t points at
Va Saeealatloa here eTidoatfy was
based: oa expeefaiioa ef ataroTed
earaare 1a the last qaarter of the
rear. Up te the ead ief .Tajj- the Sea
board was earalna; at a rate mf t ieleat
to eoier barely 5 per eeat of fbted
eharves.
HL. "Loais-Saa Francisco Income 6s,
which sold ex-the IS payment oa Mon
day, gained- more than a point and a
half today, a rather notable showing
for a board oa which mo Interest will
be paid for a year to com. St. Lonis
Saa Francisco earnings, however, are
very good. Oa preseat indications aot
baty will the preferred stock be cot
ered, bat something; like 4 per rent for
the commoav la prospect. The adjust
ments were higher, bat tpeenlatlon
was not as AetlTe s la the iacomes.
Vv Ynr ' a fc"iT!rw:n - is an of
ficial list of 'all bonds traded in oai the Xevf
York Stock Kxehange today with prices snd
ssles up to and including the el6se of the
market. Total sales today were f 12.938.0O0.
against $12,442,000 yesterday, 120.609,000
a week ago, 1 17,759.000 a year ago and
fl0.785.OUO two years ago.
From January 1 to date I3,S17.703,OeO
atain.-t 2. 399. 334.000 a .year ago, and
t.SBtf. 409,000 two years ago.
UBKKll Btl.MiS
Sales. IN (1000
2H4iLiberty 3 Hs
31 do 3 Mr a reg . . .
3' do 1st 4s . . .
21, do 2d 4s
24' do l't 4 4s . . .
2S7i do 2d 4 H s
do 2d tttr reg .
do M I'll
do 3d 4 s reg.
410
496:
9
I High. 1 Low. Close,
.10070jlU032iHu52
.110064(10040110040
.1 9990j 9990 90
. 99681 9966; 19
. UU006il0004lltisj04
. ' i9984i 9976 tlX2
:99TOi
9986 99841 f'J86
9970 9968, 9970
growing
Irrigation Bonds
Of Lewiston to Be
Sold by Local Firm
' Preparatory to handling a large issue of
1-ewts.ton Orchards irrigation : district bonds,
seven members cf the sales taff of the Free
man. Smith & Camp company made, an in
vestigation of the district Sunday, spending
tne entire aay ramiuanzing themselves with
the security behind the issue: -The district
comprises 439 acres, all under- irrigation;
near the junction of the Snake and Clearwater
rivers. Conditions within the district are ex
ceptionally fkvoreble, according t T. A.
Rochester, sales manager of the company.
.The dL-trn-t was organized a a munici
pal corporation early this year, but the land
has been under irrigation for 1.4 years and is
tn a high state of cultivation. Rochester said.
The issue cf bonds will be approximately $338.-
uoo. it will ooiistirnte the only debt of the
district and wil'. be used to provide- additional
construction aimed to increase the water sttp-
il is es-imaxea uiat. stoo.voO was
spent by private interests withm the district
peiore in organization into "a municipal cor
jwiiuuw , ne yoniis win ne issued t an
early date and mature serialy from 1933 to
194 2. They wju be- sold to yield 6 ' .per
cenu aajesmen. woo made the tr to Iwis
tju were: K. H. Martin. J. . . -Jpriggs. E
A. H. Tttrsoo. A. B. Vanderweiletf, V c
Hibbard, K. I', till more and T. A Rochester
tIBMER TENDENCY OF MEDIUM
WOOLS EVIDENT IX MARKET
ooa. iK-t. 4. The firming tendency of
oieuium wool prices again was in evidence to
oay. inis was supported by the strength of
the foreign- market, ansi by the anticipation
mat woolen .cloths Woukr be advanced in the
near wutnre ny some producers.
t aypet wool importers are Complaining be-
t ; uuun r inpuoea oy tne treasury on
'hes -wools and then remitted if itf i proven
the wools actually gQ into carpet; manufacture
ana not into cueap clothing.
Asks XewXEfond : Ise
Rosehurg. Oct 4. A petition sumed h.
large number of voters ht,s been placed before
ids, cy cwiont asamg tnat body to put
iw r on ine oauot at tne coming city
' " tatiitiK t in tue ssauance OS Sla.OOO
in bonds for the purchase of a new fire engine
and fire fighting apparatus. There - is now
sufficient apparatus to "control all small fires.
.out in case el a. urge pre. or a fire in the
uiusiue result nee distncta, not enough pree
iure could be Ibrought. A triple eomhination
engine will be purchased in the event the bond
-ine carries. --- -- . . . -
201 -Railway Exchanvm
H saber Chicane Board ef Trade
; STOCKS BONDS
rEBAIH ' CQTT08 .
PRIVATE LBASBD vTIRES TO
E. F. Hutton & Co,
alCXBERS Alt, MTWCIfAI,
- BXCHAlfGKS
licit laealrjee AU
; &ariUes
:0verbeck & Cooke Co.1
BKOKXBS
-twaoai
STOCKS, BONDS.
ifiRAa ra COTOIf ' J
, DIRECT TRIVATE WIRES ':
Logan & Bryant
XEW YORK A3I . CHICAGO
do 4ta 4Hs . . 110004)10000 10002
do 4th 4 H s. reg. I 99921 9988 9992
205rVictor 44s '23 . . 10046jlO022ilOO44
342 do i '22. . ..lu016!l0010ilU01S
14; do i reg ;:,iuuiiuuuiiwi'i
FOKKltiN BONUS
Bales. I Pi $1000 High. low.
13fShann Stel Hp.ba',1 OO 54 1100
5s
8 1 4 i 81
1101 1101
;104 H 104 hk
1104 1103
I 99 54 i 99 V;
1 80( 80 5ii
92 I 91.i
so rso
3;Argeutiae
29 do 7s
43lBeigium Tii . .
2:. 'do 8s
23l QO 6s
10 Bordeaux 6s
22 :Ct-pCnhgen 5 H
29 Lyons 6s"
17 Marseilles 6.s . . .
5!l :MonteTtdro 7s
'-74 !raguo 7 s . .
v23Uio de Janeiro
; 2i do 8a ctfs . . .
M 6 Soitsons 6s . . . . . i 79 781 79
' 23'lKpt Seine 7s t cfs 89 j 87 V !9
UlUn Man 8s B. ilOSHilOS !108Vs
ll llmncn ll-v &"ts 91 Hi 91 ; 91
O IK-m Can 3 V s ntsl IOI V. 101 101
. . j 99 Vi 99 I "9 4
... 99 W 99 5 90 V
. .1 90 5 i 99
i 95 54 1 95
. . 1101 54
. . I
. . I 80 4
. . I 93 1
! 83 j
SsilOO.
. . ,100 54
80 54
92 54i
82 541
99 54
99
81
10-1 -
104 5
104 99 5
etO
92
80 ri.
80 -Ji
93
82 5
99
IOOV.
4i do USi '26
140j uo &s '52 . .
9 do 5 '31 . .
129,I E t rcis 6s
128jFrench 8s . ,
24 2;French 7 54 s
22 Imp Jap 1st 4 54 sj
72. do 2d 4 54 s . .
8; do iterl loan 4s.'. 1
36 IVnmsrk 8s. . . . . jl 10 54
20 Iit-nmark ctfs 6. 99
12 Italy 6 54 s. . . . . , 96
97Nethermds rets 6s 95
01 54!JOOV
OThF 96 H
93 54 i 92
92 1 92 54
81 54 I 80
8 Norway 6s . .
12. Sweden 6s. . .
32; Bolivia Ss . . .
3 Chile gs. '26 .
9, do "41
2' do "cextfs . .
108 CiechoUvak8s
l;l"ruguay 8s
12 (Queensland 7:
19- do 6s ctfs.
1 1 ISwisa 8s . . . ,
18ili B:& I 5 Hi '29
146 do '3,7 ....
42 Brazil 8s ...
15 do 7 54s rcU
1 1 Mexican 3s . .
sNE'AV YORK
lftiS Y City 4s
99 5e
95
in
97 s
93
9 2 4
L 54
110 54
99
964
95
112
109 54
98 S
06
94 54
112 112
103 4U0S4 11034
. . . ! 97 97 5 ! 97 54
, . . 102 S ;102 5 il92 H
. . .104 4 104 14 U
. . . 1104 103 ,14
ctfsr 94 54 I 93 Va i 94
. . . !l0 (106 il
. . . !I10 4 1109 54 ill 54
. . .flO3 5410154l354
. . . U21V4 1121 541121 54
L07 107 5a 1 1 7 54
1034102H3
102 54 1102 102 V4
86 I 85 541 86
541 5454T 54V
CITY BONUS
58jl00 " llOO st, 1100 54
MISCELLANEOUS AND INDUSTRIAL
BONUS
13;Ajx Bub 6s ...(.99
5;Am A Chm 7 54S1"4 14
33 Am
13 Am
7 13: Am
10 . do
8! do
6 do
1 Am
Sml
Bug
Sug
col
CVt
col
1st 5s.
A Rf As
A Rf 6s
tr 5s. . .
4 54
4s
W Works 5s
8 Am VVr Paper 6s
3SjA Jur L'n Mr cv6s
2K, Armour r e 4 5s s
liAtl Fruit cvt 7s
.Atl Rf . deb 5s
35iRe.ll Ttet Pa 7s
lOjBeth Sj. 1st cit 5si
1 1 do- ref 5s
2Hteth Steel p mSs
29 ! do 6s
1 Bkl Edi 6s B. . .
2i do gen 7s '...'
3 Bkln Edi 7s D. . .
3i do 5
4 Bk!n l'n 5s. .
21 do crt 7.-
3 Can Gen Elec 6s.
4 Cent Leath gen 5s
SliCei de Pas cvt Rs-
90! Chile cop cvt 7si
8M do col tr 6s. . .
."liColo Ind 5s ...
HK"ol Gas A El 5s
5 do 5a sia
lOICom Cables 4j. .
, Com-Tab Ree 6s
37 Com Pow 6s ...
23 Con Coal of Md 5s!
27 Cr Seal A Cork 6s
lSlCub Ca Su 8s sta
SiCu-Am Bug 8s
SiCum T A T 5s
2,TVnver Gas 5s.
171D E Ry 7s . . .
11 Det Edi rfg 6s
8 do rfg 5s . . .
'Det hi Tun. 4Hi
1 Hi ilchNieh 7 54 ! 107
14iDon Steel ref 7s 954
30rupont 7 54"a ...!l08
3 LIOQS It a r 6ell04 54
5 do 1 54W i I10T54
95
1034
117
99 54
101
92 4
85 5
85 54
80 54
91 4i
35
99 4
108 54
99 4
98
94 54
100
104
107
108 54
98 54
5s
93 54
103
98 54
126 -
111
98 S
80
954
95 54
7T
994
90
93
96 54
90 44
108
94 54
91
100 54
104
97
90 544
99 I 99
103 .164 5,
94 54 I '
102 54 !103
116
99 54
101
92 54
85 ,
85 5
80
91 H
35
99
108
994
98
93 54
100 54
104
117
99 5
101 74
92 54
S5
85 54
HO 54
91
85
9
19 8 54
99
98
!13 4
100 54
104
106 '4 TO" V
4 E Cuha.:-Sa T54s
8!Emp ? A Fuel
cvt 7 54s ctls..
2lFfek Rnb Co 8s!
4iFramer:can Industi
I Dev deb 7 54 s .
l!Fran Sug; 7 54s..
5 Genl El deb 5s .
8 7iGocd ch lt 6 54 s
IfliGody T A It 8s
841 do 8s I
IOO
93 54
;1054
i 9454
los
100
102 j
116 5;
6Granby Min 8s. 98 54
4!t;ray I tw 7s lO
6 HoUand Amer Li
! 6s ret 8ft
49jHumBle Oil A Rf
I dee. S5iir .... 9954
1 Til fit eel den 4 54 s 02 54
2;Ind Steel 5s. . . . 101
20 Inter Pap 5s B . 9 U
S4jlnter Ster Mar 8
P s 1 . . . j S 4
1 ' Invincible ' Oil 8s 101.
T J Maysr; 7s. .,.1106
3 Kelly Spg. T-8silOR
. lck Steel 5s... IOO
' 2? do 5s . : 93 54
1 Lig A Myers 3 . I 99
Al Man Sua deb 7 54 s
I rtf. ... .1 98 U
4i,Mar Oil 'W. . ..jLft.!
m do T54s etta. ..M12 54
it iJo 8s war. . .
1 Mei Pete 8s . .
3 Wich State Tel 51
STiMid Steel cvt 5s
3 9! Mil Gas A Lt 4s
SiMont Po Co 1st
etsiorrrs A Co 4 54 si
;et To he 5s.
108
98 54
98 I
93 54
103
0,
124 H'
109
90 T4
SO 54
94
4
77
99 54
90 54
92
9554
90
107 54
94
91 54
100 54
104
96
90 54
107
5
167
104
197 54
lGO
95
106 54
94
100
101
10854
08 5
18 4
35
103
98
124 4
111
96 ,
80 54
85
4i
77
99 H
90
92
96
0
107
94 54
91 H
10O 5
104
97
90 54
107
95
108
1044
107 54
100
95
106 54
94 4
a 03
100
102
4 a iXevr Eng TAT".
liV T K Co rf 54i
!. r aa EI I, 8
I A V Co per 4 si
am 5 . . . . .
- N Y Tel deb s. .
; 1 3 -do gen 4 4a. .
T do ref 6s
8 Sia, Falls P s. .
17 -do . .
541N. A. Ed. . irta
5TS. S. Pow. 1st s
SO !.- W. Bell. T.Taj
! OBt -Li A P. ,
intra fclei 8a. .
P. 6. A K. As
lFfeev T- A sl
;e d 6 rets. .'.
-24 (Pan. -A. P. & T.Ta!
SiPhU Co. ret. s
, llPorvo R. A. T.
"iP. S. N. 1. Se
'. ASP. At, Sug. tridTsi
3 Prod. & Ref. 8a.
i 1 Ren. L A 8, 5.
" 1IR. Bn Ina Tsl
7ak Ai Ce. Ta,
19 Sin.i C. OM 5 4a
49j de: erf. 714--
122
106 54
.99
90
PO
99
9
IOO
too
112
8$
5
107
1064
103
lflfl
96
93
1AT
AT
10154
94 54
99
OS
IS2
lli
10154
1AT4
105
95
95
102
99 54
1T
11SHII16
99
8
mo
88
98
92
101 ,
88 54
93 54
100 1
106 !
108
100
S Si
W ' .'
8i
9
112 44
122
106
99
89 54
9 5
99
99
100
f9
HIS
AS
984
IOA
96 54
lf
144
IOO
96
93
10TS
AT44
'lAtl
98
AA
lt
1A1
103 5
AS
1AT54
103
' AS
! -AS
101
AS
1
99
98
100
88
99
92
1014
89
93 54
101
106
lOH 100
. 93
9A
98
98
H2fc
122
108 54,
1"V Si
Av
90
99
AS
10O
A9
112
A3
084
106
ioe
105
10a
AS
107
A7
1A1J4
9
99
93
IAS
101 5SV
IOS 54
"88
107
105 -
95
A5
101
99
106
7!S. P. R. Bus.
lOja. B. , T. A T. Ant A7 .
i ISiS O of Cat Orb TajlOA
7UOlL101
AT
418 A T Co o. A 7a
!Tol Lt A "PT. Af
99
l;l'n B A P Sa otfa IOO
S Ca Tank Car 7s. 103 54
5 Cnlted Drug As. Ill
IjUn Fuel Gas As. 99
16 P7 SS Corp 6s ctf 94
2 0 8 Rubber 754s 107
5 -do 7s 102
28 do 6s . . . 9
S do ctfs 89
lft-U 8 8 R A if 6SJ101
24'U 8 Steel a f 5s 108
SiCtah Pr A Lt- 6s 83
6;Ta-Caro Cheat SslOO
18 do 7s rets A... 98 54
- 2 do 7a ...... 105
451 do cvt f Hs A w 97
2jWar Sug Hcf 7s,il02
103 1 U0S
IO1W1
83; W
-U Wa Pow 5s
V col 6s ,
Elce 7s
A, Win Arms 7 54 s
SfWiek Spea Stl 7af
14WUson 1st 6s
17i do cvt 0a. . .
241 do 7H..
142
12
RAILROAD
A T A 8. V en 4 j
do cvt 4s
do adj 4s
do Tr 8 L 4s. .
A C L 4 54s
do 1st con 4s . . .
do L A N c t 4s
B A O 6s
-do ref 5s
t'o cvt 4 a
do grild 4s
do pr In 8 54 s . .
do 4s T A C div
do S'ii S W div
B R T ref cvt 4s
10;Bch Ck 4s "3
99 54
99
108
103
99
101
99
1107
BONIS
10S44
190 54
IOI
A7
105
198
AAH
10O4
IAS
110
Che,
99 54
IOO
103
110
91 54.
107
102
8B
8A
101
IOS
A3
IOO
98
105
96 54
1 2
99 54
99
107
103
" 98 I
101 1101 54
99 I 99 54
10041AT
' Al
107
102
89
89
101
108
98 4
100
-98-
105
97
102
99
, 99
108
103
98,
32i
2
14
28
24
2
16
e"l
01
Si
91
83
82 54
89
01
91
S3
102
90
86
85
94
70
931
si)
91
93
92
88
88
92
113
113
55in Pac 4s i 82
19iq R of Brazil 7s. I 90
IO C; of G Ry con 5s(l00
40
17
1
11
B
81
Hi
Bkln It Tr 7a
do 7 tr co ctfs
do7s t eo ctfs at
Bkln l'n 1 1st 5s
Bosh Term con 5s
(2n N'or 7i ,
0 deb 6s
4s
4s.
!Tt Pac 1st ref
2.0 P a L 4a. . .
83 (C A O cvt 3s .
TT do gent 4 s
li do cvt 4 s .
92 C A A rfg 3s .
441 do 3 54 s . . . .
liC B A Q gen
671 do ref 6s
.1 4;C A E I 5s ... .
4!Chi Gt-V 4s
12,'Chi I A L ref 5s.
120iCiIASt P cv 4 s
23; do rfg 4 54 a A
4; do crt Si B....
4! do 4s
9 C M It Sd 1st 4?
1 C N-W 7s
5 do deb 6 s. .
21 do g m 4s . . . .:
,;Chi Itys Co 5s..
C R I A P gen 4
621 do rfg 4
9;Chi In Sta srish
90
90
97
89
89
54
32
92
101
83
52
99
73
68
77
84
73
110
112
88
81
84 34
83
92
91
84
'87
91
90
83
101
89
85
84 54
94 54
70
93
60
91
92
92
88
87
91
113
113
2K
90
100
894
90
97
89
89
54
32 .
92
101
84
61
99
73
67
76
83
73
H0
112
88
81
84
84
91
71 do 5s !101 1101
3'Chi A W lnd 7s 771 77 54
2CCCAfciL 6s sA;102 102
HCleve-Sh I. 41. j 97 97
26!'Uce V Ter 5811051105
45 ColoASon rfg4sl 91 j 89 I 91
3 Cuban RR 5s ... 86 f 86 86
1 6 DelAHud cvt 5s. .101 '100100
20 do 5 54 s ,102 11011102
7j do ref 4s ". . . . . f 1 il 91 91
22!D ARC impi5si 811 8L 81
do ref 5s ... .s . I 4! 54 I 481 49
91
84
' 88 "'
91
91
83
101
90
86
84
94
70 -93
V
fiO 54
91
93
92
88
88 "
91
118
113
! 82
90
100
89
90 -
97
89
80
54
82
92
101
84
51
99
73
68
77
84
73
HO
112
88
81
84
85
I 91
1101
: 77
102
i 97
(105
FOREIGNERS SEND
TURKEYS TO U. S.
r 4. C. Boyle
(Copyright, 1822. by The Journal)
New York, Oct. 4. Foreign producers
have invaded what for centuries has been - a
strictly1 American field. The turkey has al
wajs been regarded an -American bird, in.
digensua to thia soil, and ! the Thanksgiving
I jurkey is tho national institution. But South
America. Australia and New Zealand poul
trymen are prepared to compete) with Ameri
can growers foj the place 1 of honor on the
American dinner table on Thanksgiving,
Christmas and New Tears.
Frio to Be Lowered
As result of this and other factors the
American family probably will pay less for
its Thanksgiving turkey this year than for the
last five -years. A drop of nearly 10 per cent
seem : Indicated by report throughout the
country received today.
Shipments of turkey already have been re
ceived from Pernambuco. the River Platte
porta and Australasia and sold at prices well
unaer tne scale ootaineo. nere annus we mnr-
day Reason of 1921, inispita of the tariff pro
vided in tne r oroney law. t naer iuai regu
lation, dressed fcwla are taxed 50 cents each
for birds valued up to $5 and 10 per cent
advalorem above $5. The foreign birds ar
rived in excellent condition, the Australian
fowls being especially fine large specimens.
No Shortaoe of Truseys
It is still somewhat early to forecast defi
nitely the price trend cf domestic mroa at
Thanksgiving, out telegrapuic reports imiu
producing and marketing centers received in
the last 24 hours indicate ; there will be no
shortage of birds to meet the invasion of for-
effn fowls.
Th ; weather has been aistmeuy lagoraoie
for the delicate' young bird this ye r "except
in sections where the rainfall has been ei-eeasive.-
Ieed suonlies have been large and of
excellent quality. Flocks of this year's birds in
Illinois, Iowa. Indiana. Jainnesoia, jaisaoun.
Taa. Kansas. Kentucky. Din 3 and Tennessee
have passed the most precarious stages of their
it1immMit in aood shaoe.
They have their growta ana irom now uniu
November 30 will put on weight. , .
WALL STREET STOCK QUOTATIONS
Reportad by Overbeck, A Cooke Co..
Beard of Trade Building.
Extra Weeks to Get Fat
The quality of Thanksgiving birds, growers
from fhiero and Temple. Texas, asserted to-
riav will be better than ever before as tne
lateness of Thanasgiving will give tne oirus an
mitrm week of conditioning. This will 'be of
special benefit to Northern growers whose
locks have come on less rapiaiy man uiose
of the South.
Minnesota birds as usual will be in the De-t
demand in this ciy at : Thanksgiving, as large
birds are at a premium oa that holiday when
clan gatherings are the custom. On Christmas,
however, when individual household usually
celebrate alone the smaller Southern and Mid
western birds are at a premium.
10 do con 4s ..... I 77 54
20 I let l'n Kys 4 s; 85
l;ETenVatVa dv 5s 100
37 Erie gen In 4s,. 53
161 do pr In 4s. . . . 66
11 do cvt 4sA. ... 51
51 j - do cvt 4sB 51
12; do cvt 4sD 54
- 1 Kxe Gen Riv 6s. 95
4 Erie A Jersey 6s. 96
10. G Trunk Can Ys,113
20 do- 6s 104
76 Gt Nor 7s 1112
30i do 4 5s s 94
137 do 5s
3 -Havana El Ry 5a.
75iHudAMonref 5sA.
46; do adj inc 5s. .
71H1 Cent 3
11 doACSLAN
1 O jt 5s A. . .
5 do rfg 4s . ....
S5IInt Met 4s. . .
34' do ctfs 4 sta
431 do 4 s t etfsj
126 I K T cvt 7s wi.
77 i
85 1
100 54
53
63
51
51
54
95
95
11
77
83
100
53
54
51
51
54
95
95
113
104 1104
111 112
94 I 94
10411031104
18
216
41
5
71
43
" 3i
240
3
92
86
62
102
99
89
15
16
154
98
78
7S
80
53
82
94 I
;70 I
84 I
93
93
82
105
77
90
9ST4
44
104
OO
83
72
86
63 7
97
97
102
67
105
84
1271 do ref 5s. . .
13 71 do ief 5s bnk cfs!
52 do 6s .......
108Int G X edj 6s wi
4 i Iowa Cent 1st 5s
31'K. C Sou 5s...
91 do 1st 3s
15 K C Term 1st 4si
17jL SAMS deb 4s
191 do deb 4s
4 -Long Isl uni 4s. .
10L A N 5s . . . .
19 Louis A N W 5s.
' 69lMkt St. Ry eon 5s
3 do 6s
2lMinn St L rfg 5s
12jMAStPASM 6s
2t do 4s
MEAT 1st 4s.
do 4s. ser B wi
,- do 5s A wi
do adj 5s A wi.
do 6s C wi
Mo Pac. rfg 5s. .
do 6s
do gen 4s
3 Mob A Ohio nw 8i
llNew O ANE 4- si
- olNew Or Tex &
I Mex inc 3s. . . I 77
50IN Y Cent deb 6s 106
SIN Y C H K rfg
k A imp 41. .1 90
do 4s 90
do 5s . 9
N Y Chi A St L
I 1st 4i . . 91
3 N Y N Tl A H
j deb 6s . . . .'. . 88 i
B do cvt 8s. . . . 51
11 N Y A N J 5s '32 100
2!NTStRyi con 4 s 71
5'NTSAW g ra 5s. 51
1 4iNY WAB 4.. 64
' 21)Nor A So gen 5sl 69
107JNA W SB con 4 a. I 92
SO do cvt As. 121
2 do 4s PACO dv! 8ft
92-Nor Pac 6s B. . . 109
19! do 4 89
13! do pr In 4s.. .. . 89
31 do gen 3 .. 3 . 64
4! do refAimp 5s.. 99
62IO-W RAN 4a. , .1 84
144.T. L. MR ctfi . j 75
4 Pa. R. H: -Ta. . . . I1A
9 do 5s. . .. ... . .102
10 do gold 6s. ... Ill
SlPhil. Ky.. 4a. . . :. 51
25iReading gen. 4s. 16
lliR. I. A. A L.4 sl 83
26St.L.M.AS.g. 5s.. I 99
22 SajMASRAGd4s 87
55!8t.L.AaF.p.L4sA.: 75 I
33f do 6s B 9A
?6 do adj. 6s.". ... 82
4 do inc. 6s 70
75tJdo gen. 5fc D. 98
ll'S. A. A A. P.lst4s) 78
22JS. A. I rfg. 4s. . 4 5
12i do adj. 5s. .... 29
79 do con. As. ... . 69
40,8ou. Pac crt. 4s. AS
211 do: rfg. 4s.. . . . 90
34 Sou. Ry. gen. 4s. 70
: 41 do con. 6s. ... . : 99
4 8Sou. Ry. 6 ..)! A3
02
85
61
101
98
89
13
15
15 j
97
721
72
80
53
81
93
70
84
95
93
82
105
77
89 ;
93
44
108
OO
88
72
85
63
97
97
101
68
105
84
77-54
106 54
89
90
984
91
83
51
98 K
71
50
53
63
9Z
120
88
109
89
89
64
99
82
74
109
101
111
50
85
83
99
86
74
89
81
69
95
78
44
27
67
92
AO
70
98
102
78
63
71
OA
98
6
85
J . 10i do I rete .IfilSilvU 5i U01 ?
5 Sou. Ry Ho o 4si 78
. 24 Third Ave adj 5s. - A3
5)T e R A L 5s. . 71
2 H P cvt ts 95
I$ V H ii 9A
9;Weet Sid 4s .... 66
16! West. Pa 5s . . . . 86
STANDARD OIL 'ISSUES
1H00 Anclo Am Oil. ..I 231 22
' 2S0iOhio Ott ... . . . .;2SA 80
10IIU P L ITS
8015 Imp Oil of Can. 1122
228O0 Inter Pet Co Ltd; 23
ASOiNat Trans Co. ..238
in Prairie Oil A Ges4A30
70iPrairie P
545 8 O Tnd
36 S O Ky.
SO!8 O Neb . .
AlOiA' ONT.
40-8 O Ohio .
SS.VTaewum Oil
651S O ans .
269
124
11
217
581
523
'594
lfl -
ITS
11A
22
1228
650
f27
122
ion
202
56S
SOS
549
60O
92
85
61
102
98
89
15
16
15
98
73
72 Ts
8O
53 5.
82 'a
94
JO1.'
' 84 54
95
93
82
105
77
89
93
44
103
88
72
83
63
97
97
101
87
105
84
77
106
89
90
99
91
83
51
100
71
.50
I 5S
69
92
120
88
109
89
89
04
99
84
76
109
101 U,
111
50
8A
83
99
8
74
89
82
70
9A
78
45
29
A9
02
00
70
99
102
78
AS
71
05
08
66
83
22
280
ITS
118
224
2S0 .
AAA
269
1133
119
217
568
623
68 -
AA5
,By Willia.. F. Hetferaaa i j
, Sew Tork. Oct. 4 A aaoaaeemeat ef
th Standard OU of Callforal raAltal
larrease ; was life TerskadowBBt(j cob.
tideratioa oa the rarb xeaaACAft Attar
It set at rest AT doabt there aay hare
been as to the solid bails for recent
gossip about Standard OO "meeoa.eal-
tiB aad led to aaotner aay ox exenea
trading la the Standard OU ffreaA.
The Tola me iof bmslBess in these !
sue a waa tara-er thaa OA aay day Uaee
the berinBdng- of the onward aaovemeat
Tr a month aaro.
The Iadiana stock wa BearUy trad
td 1b aad ot loe to Its hlgh for the
year. Spectacular adraacea oceorred
In TaeaAAi OU and Standard mt Sew
'York aaM, the former at a new high
for the year, nip almost 49 points from
Its p re y lows close, Staadnrd f Kaa
t,ai, Ktandard of Kentucky an4 Stand
ard of Ohio -were others to snake new
tops. An glo-American OU was taken
In hand, opening- np 15 points and con
tlnaina; nlVher. Five thousand shares
were traded in before a sale' was re
corded on the tape.
. Imperial Oil; of - Canada trained 2Vs
points In the early trading;. Ant profit
taking: by those who had purchased
this stock befare its rise at Taesday
broag-ht about a drop to beaow its pre
rions close before" the adranee had
terminated In others of the ronp.
Ohio Oil trained over 10 points at obc
time. Cities Serrice common attracted
attention, setting- np to SAA. while oth
ers of this group held firm.
The rise in Standard Oils had a slim
ulating; effect npon the Independent oil
issnes.
Salea. i STOCK High. I Low", t Bid.
J 1 ll,M 1 aawawasasaaai - 1 --amew-aaw- a
Sales.
STOCK-
High. Low, Bid.
S2( 8
16
86
59
42
65
Atorage Aupply Is Heavy
In addition to this rear's supply, figures
compiled today show that there are nearly
3.200.000 pounds of Turkeys in storage
throughout the country, as against an average
for five years of 2.501.000 pounds. About
250,000 pounds are located ia this district
alone. Much of this stock represents birds
bought by dealers last year at from 40 to
45e a pound "to retail at from 50 to 58c,
which the public declined to pay.
The movement 01 all aressea poultry to
market Throughout the country in the last
two monuis nas Deen tiae Heaviest ever Known,
exceeding 1921 shipments by 50 per cent.
Ist week New Tork - received 203,121 pounds
of dressed poultry of various kinds and had
on hand on Monday 10,211,414 pounds, Bos
ton received 103,892 pounds and stocks -to
talled l.47.168. the first of the week. Phil
adelphia was shipped P3.391 and has 1.2S2.-
421 pounds ready lor sale, while Chicago
added 102,415 ixninda to its supply last week
and has 5,051,697 pounds on band.
Present Prices Holding Well
Dealers in all these cities reported today
that while prices have held up remsrkably
well under these ahipmentai a break in price
might he xpected at any time. Such a break,
might result in a decided lowering of the holi
day price levels for turkeys as well as other
fowis.
A railroad" tleup or crisis after November 1
wouid caviiie- present stocks of poultry in stor
age -to1 be depleted within three weeks. More
over, the best prices usually are obtained only
for turkeys which arrive at their markets
about a week before the holiday. If they ar
rive sooner the demand has not developed
and if later' there is danger of a glutted
market, ;
Taking 'these factors into consideration, a
price of between 4 2 and 4 9 cents a pound'
for Thanksgiving birds would seem to be in
dicated in many of the markets this year.
i 9800
HARDWARE
St. Louis, Oct. 4. Hardware trade in
this section is satisfactory, being eapecially
good in tools and steel.
LIMBElt
San Francisco, Oct. 4. Lumber prices are
still on the upward move. Some dealers to
day predicted a lumber shortage in the spring.
DRYGOODS
Atlanta, Oct. 4. Atlanta retail -and whole
sale drygooda dealers did not disguise their
optimism today. - Collections are . excellent.
and debts of two and thr.ee standings are be
ing paid in many sections.
WOOL
Boaton, Oct. . The woolen mills are - ac
tive. On the whole, woolen goods today are
selling better than worsteds. The two things
hicb .manufacturers fear are insufficient coal
supply ' for' the winter and a car shortage.
Manufacturers in general think that a car
shortage ef considerable proportion will de
velop within the month.
GKA1N i
Fort Worth, Oct. 4. Mounting wheat prices
have been felt here in advance of 40 cents 1
barrel in the Southwestern flour.
PBODLXE
Ava, Mo.. Oct. 4. Tomato season just clog
ing has been the biggest in: the history of the
canning factories of Ava. The business of ex
porting farm products to Cuba, which has
been growing throughout Missouri baa reached
the point where eggs are shipped In carload
lota.
NEWINGORPORATIONS
Ralera. Or.. Oct. 4. The Oregon Bnlb
company af . Saletn. e pita Used at -A1S.00A,
filed articles of incorporation with aha state
Airpe ration department he Monday. : The
ineorpraatnr an: Jaaieav Korhea; W. (X Dib
biev W. C. Frank ana Bsllii K. Pag. ,, -,
Articles t wen ate filed by: V-
iConn Lumber eosaneny. tne.. ! Portland ;
10.00O; Ada V. Ceea. Carvim P. Coon and
Chauncey C. Com. - - -. -i
The .Multiple Threader ueipanj. rVrthmaT:
SA0A0: K. M. Wernngtoo. E. C. Warringtoss
and Herman C Oekker. ..,
A eettitVate filed ty ' tha . TJafley Clay
Pradacta eoanpen ef Portland ahesra an in
crease an capital from AlOA.OOA Us S150.00O.
A eernfieate- tiled ay the Baeow vstata ream
Deny of Portland ahowa a decrease tn capital
ication from 8225,000 to 20i,000.
FRUIT
San Francisco. Oct. 4.- Rains which have
been light but dangerous have fallen in the
Northern fruit belt - of the state and ; indica
tions are that more rain will' fall. Many
plums are still on the trees owing to lack of
farm help. A large portion of the raisins are
still in the field or on the ivines.
SHOES
Boston. Oct. 4 .Manufacturers ef boots
and shoes throughout New England seem to
hsM fapMi better recentlv- than nrndnrm
the We' This is the opposite of the -condition
exhibited last spring. The shoe business here
today ia better than it has been in two years.'
RAILROAD EQUIPMENT
Cleveland, Ohio. opt. 4. equipment com
panies, here today report a, quickening oft bay
ing far the railroads since tne strike was set
tled. j :
. COAL
St. Paul. Oct. 4. Consumers are being
urged today by state officials to rat- bitanu
nous coal from Illinois and Kentucky fields.
The wood supply In this state is short.
New Philadelphia, Ohio. Octf 4. Owing to
a car shortage on tne a. at U. mines in
Tusearawras county are t working only two
days a week. ,
-, Pittsburg. Oct. 4.. Sales -or coal are re
ported- here at 4 per ton for nut of mine,
althongk the prevailing- price- today ia above
this figure. : -. ; ("
Toungstewa, Ohio, Oct. 4. 1 James A.
Campbell, president af the Youngs town Sheet
t Tube -company, stated today that this com
pany ts aot considering eottsoiiaation with any
other - concern. xna company may form
manufacturing connection j with the Chicago
district, either tnrougti construction i of a pipe
plant . or tne acquisition vx a going eoocsm.
be saxl. . 4 . ;
Pittsburg, Oct. 4. The Pmeylvania rail
road baa p tared orders (or 170.000 tons, of
steel raits - at follows- United States Steel
7 8. OOO ; Caanbral. 37.UOO; Bethlehem 87.0O0
Lackawanna.. AOOO; Inland; A000. Practically
ail rails win De o in ueavy type, xav pounoa
to tae a,ra.
Ne Tot. Oct. 4. A treraendoue volume
of orders foe rails have bn received here
from , nttraaoa all , over - tn vnitexl State.
. Some ! of this tonnage waa contracted for be
fore the advance to A43 a ton went into ef
fect, nut a portion 01 n ta at the new rate.
XJrerp Oottea-j rBehaaared j ,
UverpMl vcT .-r-t 1. .m.. S.1 Snoe. fe
ton euiet. 'Prices anchanaed. ' American asid
diingsj 18.54 ; good auddiinca, 12.AA; full
middlings. 12.51; - middlingv -12.86; row,
11.5 A; good ordinary. 11.11; ordinary. 11.16;
tulasm .nuiet. - ,
5000; Adams Express.
.... 1 Advance Kum i . .
.... I do pfd i ...... .
600;Agr.: Chem. ......
.... jAjax: Kubher . . .
100 Alaska Gokl. . . .
.... Alaska, Juneau. .
Allied Chem . .
2 1 00 1 Allisf-Chalmers
. . . . Am. Beet Sugar
200, Am. Bosch-
900 Am. Can Co. . .
lwui ao pia i
iliUiSin. t. . -e- r .
1001 to pfd
00 Am. Cot. OU
lOOjAm. Drug Synd,
200;A. IL Leather 14
14001 do pfd. .1 72
Ice jU3
Intl. -Corp. . I 99
Lin ed ....! 38
Pfd -.'. . . .
Loco 128!12
P?d-- .. ....).....
Saf . Razor . i 7 . j 7
Sh. AC.. . I 22 j 21
Smelter. . . . ! 63 r 02 4
F:;;i:::::
. .! 27
15O0
4900
700
Am.
Am.
Am.'
do
Am.
I 4o
3 00 Am.
420OAm.
2100'Am.
3O0 1
4100 .
1614
64
50
42"
62
27
13
71
112
35
33
Am.
do
Am.
do pfd
Austin fi Nichals
Am. Steel Fdy . . . !
Sugar ,
1fd
Sumatra .
Tel & Tel
Tobacco .
"B" . . .
Wool . . .
001 do W P pfd.
400Am Zinc . . .
4400jAnaconda . . .
3400;Assd Oil . . :
2300!Atehi?oa
40o; do nfd
4 00 1 Atlantic C
82
18
554
87
18
1 V.
85
5
45H
41
4
109
187
121
27
6
13
72
113
864
38
58
127
118
0
22
62
101 XiH jl0O
7300
1100
20O
300
1800! Am
1000Am
100 do
SOOiAm
i - 36
1 44
37
I 45
I 81 j M
ill !l09
t 41 4
1123, 1122 123
10S5 1A3 J164
1101 1161 ill
37
44
80
109
89
-I
97
34
19
53
124
1A5
. I 92
ne. .121 -U21 121
I. . .j 31 I 30 I 31
99l 99
34 T 84
,. 20 119
. .1 .531 52
..126 1124
.1105 ,195
do Cfd
lAOOtCoedea Oil .....
IMC U I t P.....
. BAOl do A pfd .,.
50 do B- pfd. . . . ...
AlOOCrucihle . .. ..J.
1001 do pfd' ..... ..
1800 Cuba Cane ......
. .... I do pfd
300 Cuban Am Sugat
x 800 Davison Chem..;.
.4000 lie! at Lack. ..
1090 Dome Mines . -7400iElec
Star Bat. J
. SOO.Endicott Johnaon.
12O0Erie
1700) do 1st pfd- . . .
S800iFamoua Players:
(Fed Min A Smeltl
100 do pfd
lOOIFisk Tire ...
300Kies Cigars. . .
40OGen Elec
3000 jGen Motor.". .
lOOjGen Mot 6
8800, Gen Asphalt
IOO Uhddin Paint.
4A
44
101
92
86
ST
2f
50
448
38
57
1700
' 300
1000
28O0
100,
8800
19190
1O0
AOO
1400
200
300
700
14800
Goodrich T K
Glen Alden
Granby .......
Ot "or Ops
do pfd
Greene Caoanea .
Gulf S Steel . . .
Houston OU . . .
500Hup Motor
Ills Cent
Inspiration . ,
Interboro
do pfd
Int llarv
Int Mer Mar. .
do pfd
1100 Int Nickel . .
, SOOlInt Paper . . .
. .... I do pfd, . . .
8400lnvmcible Oil
10001 Island Oil . . .
200 Jewel Tea, . .
1001K C Southern
... ( do pfd
4800!Kayser J . . .
4900Kelly Spjfld
SOOOiKenneeott
AOOiKeystone Tire
18001 Lack Steel .
200 Lee Tire . . .
17 00 'Lehigh Valley
ILocillard
5000;Loew Theatres
jU & X
2100Liraa Loco
5Iu0Maryland Oil
SOOjMaxwell Mot '
100 dq
800 May Stores . .
19900Mex Pet
4600Mcx Seaboard
300 Miami '. .
6300Mid SUte Oil.
9800jMidvale Steel .
800M K 4 T wi.
1800, Mack Truck
200! Mont Power .
8900 j Mont Ward .
500; Mo Pacific
900i do ptd
200M S
480A.N'at
5700 Nat
SOOjXatr
500 Nev
ISOOIXc
16
AA
AO
79
ISO .
14
85
84
35
"81
40 1-AO,
48
44
o
85
86
24
49
139
83
56
97
60
79
179
14
84
62
85"
31
'A-"
P Ac S
Biscuit '
Enamel
Lead .
Cons .
Haven
SM
2400:Norfolk &. W..
16O0 Nor American
55 I
I
38 H
.26
i4 . 1
1116
Line .
4100'Atl G & W I...J 31 30 3 1 i
18400Baldwin Loco. ... (137 185 136
. . . . ! do pfd I .
300(1 Balto & Ohio . . . . 55
2U ao pid
27
74
3700!Barnsdell Cor "A
3001 do "B". -.
700 Beth Steel "B".
.... 'Booth Fish . . . .
22001B Tt T .......
O00; Butte C & Z. . .
3300Bulte A Sup . .
900 Burns Bros "A"
. . . . ! do "B" I .
OOOiCaddo Oil .... I 11
1 2A0iCalif Packing . . . 83
990fCalif Pet 65
1001: do pfd' . f !
2300iiCaUa ZincALead I.;...
25O0;Canadian Po ...1147 1146
17O0,-en Leather ,...
1400rGerro de Psacij . .
200fChandler Mctor : . j
2700jChi & N W. . . ... 1
5H0 C'liicago Gt W..I.
600; do pfd . J ' . .
14001Chil- Cop . . .
lOOOlChino .......
. . . . IC M St P. . . .
.... I do pfd .....
20500!Coeo Cola . . . .
1100(0 A O. . ,. . .
30OIC0I0 F & 1 I. .
400!Colo Southern
llOOiCol Gas Elec
'Columbia Graph
OSOOJCon Gas ....
eSOOiCons Cigass . .
.... do pfd . ....
800'Oons Texule .
' 1300 Cont Can ....
17800'Corn Prod U21 117-
o
62
93
1112
I . . . ...
J140
41
39
61
82
26
30
32
50
77
74
111
138
39
10i 10
2300 Nor Pac
Nova Scotia Steel
49O0 X T Air Brake , .
3200 N Y Central
8700 Okla Prod ref . . .
2400 Orpheum . . ....
Ontario & West. .
20O Otis Steel
1600 Pacific Dev
1300 Pac Gas &. Elec. .
42100 Pacific Oil
670O Pan-Amu Pet . . .
2100 do "B"
1900 Pennsylvania ....
1700 Pa Sea Steel . . .
200 Peoples Gas
1300 Pere Marquette . .
700 Philadelphia Co. . .
9600 Phillips Pete
7300 Pierce-Arrow ....
700 Pierce OU
800 Pitta Coat
1900 Pitts W Va. . .
200 Pr Steel Car .
600 Punta Alegre . . .
61 00 j Pullman
5O00 Pure Oil
12O0 Ray Cons
5000 Reading
400 Remington
1800 Replogle Steel . . .
5300 Rep I & S
, . . . . . do pfd
20O Rep Motors
9100 Royal Dutch Oil.
200 Ry Steel Spcs. . .
2300 Saxon '"Motors
6600 Sears Robuck . . .
Shattuck Sl Ariz . .
Shell T A T
21800 Sinclair .-
1O0 Sloes Shef .
94
31
88
86
23
4A
1
'
ni
15
61
17
16
20
47
44
' 8
1
28
40 )
57
185
20
29
13
85
18
69
22
22
59
199
65
100
16
31
121
m
86
7
2
27
4
85
60
79
74
48
6
94
37
44
53
14
6
'89
48
131
32
15
79
37 .
33
58
"i"
58
"4
91
93
31
86
82 m
22
4A'
1
'3
110
14
58
17
16
20
43
42
7
80
26
68
39
57
182
19
28
13
34
18
58
21.
59
189
63
105
16
30
120
95
86
39
97
2
28
35
94
26
63
Cal. . .135
Ind
X J..210
Ky.
4
85
59
78
73
48
6
94
37
44
52
13
6
48
4A
44
100
91
83-
96
.14
36
23
49
189
88
66
85
16
25
98
12
60
13
79
177
14
83
63
14
85
58
31
40
93
31
67
84
23
114
40
1
3
110
14
61
17
38
85
16
19
24
56
46
43
35
7
81
26
69
173
.j 21
.1138
OO
40
57
18
136
188
19
28
18
34
18
68
T4
22
21
59
72
190
64
106
16
30
120
96
86
35
40
97
2
27
28
10
38
47
iso
32
15
78
35
82
56
" "2
57
' '4
89
34
2 6 00, Sou Pacific. .
4600 Sou By
10001 do cfd . . .
63900Stand Oil
. A Stand Oil
24200 Stand Oil
. . ; . . Stand Oil
fiOOiSt L & S
600!Stromberg Carb.
23600 Studebaker
Swift tt Co
400!Tenn Cop at O..
16 200 (Texas Oil
SOOITcxas Pac
5800!Tex Pac C tt C
1300'Tob Product ..
12600 ITran Ccntl OU. .
... ..riTiion Bag A. P
1 600 i Union Oil Dil.
3 300 Union Pac . . .
lUniled Alley .
29
56
129
26
64
15
' 19
181
A4
78
73
48
6
94
37
43
52
18
6
60
39
90
48
181
32
15
78
37
88
57
85
2
57
122
4
91
9
38
84
49
94
25
62
132
123
2041205
110
tSatasil STOCKS-.
. SOO United
atHttt sifted -IOO
United-
Drua-
Food Prodi
FTOt . ..
Rda X J.
lOOICnited
V AAt ,4 ,
lSOOtUn Retail Storm
8AO TJ 8 8 1 Pine.
240OIIT. 8 Ind Alcohol
4 00tl L 8 Rub
40O
SOO
16400
300
1R00
IOO
501
3400
29
55
128
48 47
25
63
14
19
150
29,
55
128
108
10
48
29
25
63
14
74
i6'
87
Well Secured Bonds for
October Investment
Municipal Bonds
Oregon City, Ore 5s
Estacada, Oregon ......6s
City of Tacoma 6s
City of Eastside, Ore. i 6s
Coulee City Water System:. . . . i6s
Glendale H. S. Dist .5s
Jackson County, Ore 5s
Tillamook County Road 5ls
Imperial Irr. Dist. (Cal.). .. . . . ,6s :
Silver Lake Irr. Pist . .6s I
S. San Joaquin Irr. Dist. . . . . ... 5s
Toole Co. Irr. Dist. . 6s
Cottonwood, Ida., Co. Schl Dist. 6s
Corporation Bonds.
1935-38
1929-30
1924
1942
1923-40
1939
1932- 52
1938
1935-56
1933- 48
1944
1930
1931
ft Ta;
, Ferelra ExeJiang-e Market
Tork. Or. U. P.l Foreign i.
a cnanga opened nrm.' -Bterong. ys.iot. wp
t tk I rmnca. l tea, an- a; ore, .oa,
marts.--WW .
Bakerfield Water Co.
East Bay Water Co.
Swift & Co-j 5s
Central Coal & Cpkc Co .6s
Long Island R. R...'...". .4s
Sinclair Pipe Line Co .......... 5s
-San Joaquin L. Sc P. Series C. . .6s
North California Power. . . . 'A . . 5s
Jordan Valley Cattle Co, .... . . .7J4s
1 1. i Canadian Bonds
Province of New"Brunswiclc;r552s
Greater Winnipeg Water Dist. .6s
Foreign Bonds
Republic of Peru, .......... . v. 8s
Dutch East Indies .6s
Republic of Bolivia . . i ......... 8s
1926-32730
1939 .5.15
1923 530
1932
1962
1947
Orders may wired "collect" or call, write or phone .
-f Main 4195 for reservations or information:
GE-MILLER & COMPAislY
Portland
Seattle
eyN.ClPATL
2nd Floor '
N. W. Bank Bldg.
VE?ai4E
PORTLAND
Los Angeles
San Francisco.
Phone
Main 4195
do 1st nfd.
tT S Smelling. . :
U S Steel . . . .
do pfd ..... . ,
Utah Copper . . .
Ta Chem ......
do pfd
Vanadium Stl ..
S2
34
64
53
1 vv
108
122
68
I aVoer.'l BM. j
81 .. Sl i
i
..... 14
2
. . . . . 81
4 ,S4
63 64
52 53
Aft 99
. 43
103 103
122 122
68 68
. 6A : 65
46 46
Sale. STOCKS:
lliita.
2000Vtvat.lou .. . ... .
1 00 i Wabash k , , 4 . ,
17001 do A pfd J
. tO0 do B fd ......
lteoiwtlla r
. AO
' 200j
1000
100
1000
?00
Western Pan
do pfd . . .
West em Union ..
W eting'l A ; B.
do-.E M
Wtu Eagle Oil.
11(H), White
SOOiWhite
12 AO
- 8 AO
oo!
Motors
Oil
Willys-Overiand .
WUsoa Past ...
Wat- tVnt ......
Woolworth . .
500Worthingt'n Pump
MOOS
W I. E
13
t A-
32
86
17
63
114-
-4
63
A3
51
T
194
41
1
IS
if
86"
17
A3
IIS
62
1
1
A
"4a
193
40
12
Total stock sales for the day were 1.2
snarea with 813,031.009 in bonds.
. We offer our participation .
Souuiern California
Gas Company -(
. First .and Refunding Mortgage
5M Gold Bonds Series "B"
of 1952 '
Dated SeptembeVl, 192 "
Due September 1, 195
Redeemable at 105 and accrued interest for the first
ten years and 102 and accrued interest thereafter.
j i , ' ' '
The Company serves gas in three counties in Southern"
California, including 37 cities and towns," prominent
among which are the cities of Los Angeles, San Ber
nardino, and Riverside, a territory having a population of '
more than 800,000.
Net earnings- for twelve months ending August 31,1922, i
were 2.99 tiroes bond interest requirements.
V PRICE 98' TO YIELD ABOUT 5.60
Telephone or telegraph order collect. " j ,
Details on request.
Bond Department Open 8:30 to 5 Saturdays 8:30 to 2
t:
Oldest in the Northwest
WASHINGTON '
At THIRD
atWvWIlel
hataSrSTCtaK 1 -
& I V 1 V I V 1 V 1 V 1 V I V 1 V I 'i' I i I Y 1 i I Y I VI VI V 1 Y I V I V I Y 1 V 1 r I 'ifvl
Use Our Booklet and
the Service Behind It
Our booklet of Investment Recoih
mendations, issued every month, lists
and describes a large number, of attrac
tive bonds which we recommend for
investment. The personal assistance of
our representatives may be relied upon
to furnish more detailed explanation of
these offerings, if desired. , .
"
Mail or' telephone your request and we
shall be pleased to furnish you with a
copy of the current issue of Investment i
Recommendations.
Blyth, Witter.
QOVERNMKNT - MUNICIPAU - CORPORATION BONOS
. FOURTH AND STARK, PORTVARD
BROADWAY A4A1
SAN FRAXCISCO
LOS ANGELES
NEW TORK
CHICAGO
' SEATTLE A
PORTLAND
New Issue
fower
30-Year First and Refund
ing 5 Bonds
This company is a subsidiary
of the American Gas & Elec
tric Co. '
Iffurnishes the entire electric
lighting, power and heating serv
ice of the city of Canton, Ohio,,
and serves sixty-three communi
ties in a rich manufacturing and
coal producing section of Ohio.
Price 93.50 -
Bond & Goodwin Tucker
taroi mm atib
UNITED STATES AT10MAi BArflt AVH01rC
- - PORTLAND ,
toi aacrtu
AAA trtt
m. bid.
13
12
32 H
21 i,
85
17
62
J14
io-
62
82
50
T
(- 7
43
146 -29
193
40
IS
f t 1 ' .
ri
fl
r
X
-.'
9r.