The Oregon daily journal. (Portland, Or.) 1902-1972, October 31, 1922, Page 16, Image 16

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    THE OREGON DAILY JOURNAL, PORTLAND, OREGON.
TUESDAY, OCTOBER 31, JS2i.
; IMPROVED SITUATION IS SHOWN IN: UNITEP STATES GOVERNMENT BONDS IN NEW YORK TRADING,
1G
NEW YORK BOND TRANSACTIONS
r Beported by The Jourtl Wall Strtet Bureau . . -
- . -.- ; i .
1
... ... ... : fwnraOTiio
TvH-s tint of a. m
xA I which specnla
't ?e was beic
-s-.': don
IK
f Stuart I. West I,.-,
. - Wall Street, New York. Oct Today
market action eonid not well be; nnderrrtoool
wlfhout reference to t)M position they wern to
when trading ended on
Monday. ;
The action or toe
rerreral share list "in
the final hoar -1 Min
der's trading iropreiwed
espeneticed obserrer a
market in
stive sell
being orer
Titer notnina
tn the outside Irosiness
situation cakulated to
frighten investors Inlo
throwing orer their
holding!". The setlins
rame manifestly from
overloaded speeolaiire
accminta and vrt
lr In the nature ot
frfreed .liquidation and
nartly epresented . the
Tratinfl .yf the la-
miHar '.'at op order." -Brit along with ell the-
nperatinn frr the deolinr pUjed a rry irn
inruat -part and the irKueations that tne
short interests had been considerably inereaaea.
peculator Are Seller ,
This wan the technical position hirh e4n
fromrd the market t tlie outset today. Trart
. k.i hnuirht eerr . en-ray to Ban tin
rl'we- on Mwnday w " a powiD .
idea, of rrmrse. wa to fneuten
while and brine m a flood of
oer Wight- When
realism, wnew rt
1:
" y Ooroa T. Hejtw
Wall Street. Nt Jfora, Oct SI. The fea
lur of - the ood , market today ' sra the
strength 1 in Liberty; and :in tbe new - re
funding 4 AH obligation cf the United
State iorriroeot were artirely dealt rim- at
drawing prieea. a. fact which ted aaany trad
er . to npect -.an extension or the recovery
to the svneral fcfc J1 this, howeeer. there
ras. litti,- indication SesMtn a shgbMy higher
l-riee IcTeJ lor few- of tbMghrraide rail-
There notable : weakness in. the- jiJeoa
lafire senrs, especially Jjie bonU of the Erie
and ttwr St. IaHt,. in the case ot tb former
U reaction was rnertiy a roT.tinritiTn at that
nich ha btx-n in endence fbr tsTerai tlajt.
Among- tlie ririlroad bonds 10 slum com ra
ti le r.treusflU .were the t'anadian Iacifie deteen
tore it whkh Fold on a 5 per cent basis.
Northern 1'acific prior Hen 4s, Cnion Pacific
4. Atrltuui seneral 4s, ttt txxaa St San
Francisco prior lien A 4s, one of toe beitf
of It e sceond ffrade ..bonds and Nrw ifaren
Si fluctuated gr t cotiaiflerabMr raricc.
. t'hile Ciir 6s of tl rndutriaU Wt more
cround and Em) ire lias & Fuel TV4s sold
ttwn to 93. The nfilities w.re irregular.
We tern I Mion 3- cainios' and letr:t ijdl-
.'! 5 j kxine. An tlie rrtmc LUt-s wc
actire but price c-nances were not tienifirant
In the early rradiiis Krerw-h bonT went
kmer, njtwih if-adin4 the i-overy in franc
exchange. Argentine 5s and Sweden 6s "did
betler but Uratll braid were tif! in coin
Iwrnt.iTe disdaror. Aftnarently ihe matter of
a new f 10n.OAO.0Ot) Unix to Aissntina i not
I uiakiuK much yrosmsn. -
The
the outside
freeh selling
this anticipation was not
was een tflat t Here -was no
h h rtmoratiised speculators 10 nine oer
their, storks, short contracts ocean to oe laaen
in n a large si-ate.
The snbseauent reeorery was rery Irreinila
U wa ietersuersed by weak
perring 'amonc industrial
ouent fits of hesitation
But the important thing
spot suddenly p-'
stocks and or ire
in the eeneral list.
was that the greater
nr of thW market- showed much better resist
ance than the professional had counted upon.
6 U. S.i Bond Better
In th irirestmerrt market ierlency was
one more pretty mncu railed. The LmU-d
State 4Hl. following up their recorery, sold
' close to !er. 4 The liberty group was in better
demand all around.. Some corporation bonds
were higher and some lower, with particular
Veaknesa in bonds ot some of the so-called
weaker roads.. Definite signs hare not yet ap
peared presaging a cback to the reaction in
s lie bond maiket, which set in sit week ago,
although the decline had eridently gone far
enough to attract more buying by inresting in
, sfitutlons. .
' , .. Foeelfln Bonds Ereatlo
t Ther Vas a rather curtons dirergence be
tween the moTftnwsnt of the fbreign exchanges
and that of foreign goTernrnent bonds. . Both
French and Belgian issues were quite weak,
the French 7 4 s down to within a point of
their lowest for all times. -French exehangf,
howeret. rallied across the 7 cent lerel acain
and Belgian exchange was stronger, too. Ital
Isn lire), reflecting assurance regarding the po
litical 'situation, had a really sharp upturn.
selling at 4.10 cents as against last week' ex
treme low of 3.84.
' .Lsmt Trade Violent
. . A late selling - movement whicb reached Tio
! lent proportions in the last half boon was the
3 feature of today's markets. The selling of oil
shares in the cuxb market became eren more
pronounced "than it was" around midday and
. prlos broke sharply followins the lead of thepe
aharest on the stock exchange!. The "morement
extended to the industrials, most- of the stocks
c-ing at their- low prices of the day. The
renewed decline on the stock exchange was
chiefly ft result of speculation for tlie fall.
- being carried to the- same extreme that cpera
ti;n for the rise were, two months ago. There
wss a genuine reason- for it because there
lias been , nothing happening in general condi
tions all through the decline of the last two
week that was calculated to frighten in
t en ten into throwing cret their holdings.
" Independent steel stocks were targets of the
selling at the close.
Trade Continues trncertaln-
Tbe stock market continued uncertain through
the afternoon. Domestic oil stocks were under
pressure, although m cases like Marland Oil
11 .was vam erasing oat 01 ceruun weak' specu
lative account under aggresaire- bear attacks
. rather than ' earning rea$on that was respon
ible for the decline.
The remarkable auarterly statement of the
Studebaker company was .passed orer tempo
rarily because the speculates coterie thought it
was a gooa. tiung ior tin mtrirt ttiat expecta
tions of an extra dividend fwe re not borne out.
ine unre against etuatoaker stock bad an
unsettling effect upon- other members of tlie
motor group-in the final hour. But the un
entering ot these few weak spots, .if intended
10 proroie .ruruier uqmoauon tar the genera?
marset, was not successiui.
- Net Change mall
A a rule the net changes either ud or down
were comparaUrely small . With, the statement
jqr ine inirtt quarter du after Oie close of
bitsiness, share of the steel corporation acted
in accorcanne wnn nntKlnanon that the show
New Tork. Oct SI. Following is an offW
dal iist of ail bonds, traded in oa the New
Tork Stock Exchange today, with prices and
sales up to and including the rlfisc of ' the
market. Total sales today were $12,478,000.
against $14,26 l.noo yesterday. $15,0a,000
week ago; $12,745,00(1 a year ago, and holi
?sy two years ago.
i From January I v ate $651,237,000
jtSkinst $2.S48.274.iO00 a year ago. and $3.-
lti.507.O0O two years ago: .
p LIBERTY BoNOfJ
-Sales.
High. I Low.
-220!tib
140:I.ib
10,1-ib
1I3 l ib
t Lib
64II-ih
1 iLib
1001 Lib
SAa : .
lt. t'klfl. . . I
I ft -4 reej
L'a 4 u
2d 4li teg .
3d 4 "4 s.t . .
3d 4!s''reg.
4th Itti..
.11005110040
regj
3
lS46
S1S
!140
ar
- S87I1
f40
10084
10004
10008
9990
BONDS
82
i
(101H
. (101
. ioi
.1 7
. 109
79
90V.J
70 H
79 I
92 I
75
O.s HI
98
77H
I.ib 4U 41
16i Via ' 4 '23
1 Vic 4 s rea
ZC Vic 4s '22. . .
iWtVS of AmW
FOREIGN
PI Argentine it
Ifli do 7
2f:Belgium 7 Hs ..
3 ' 8s :
281 do 8s
23 i Berne 8s . .
. 9 s Bordeaux Ss
7j'openhgtn 5Hs.
1 5't'hriytiania 8s. . .
2 1 Lyons 6s
' 1 fijMarseillcs rs
25iMontiTide 7s . . .
20;Pfagne 7H . . . j
12Rio de Jan 8s..
10; do 8s cert fs . . .
1 4 'Soisnons Os . . . .
6jlept of Sfhe 7s
I temp tertfa ... 86 H
SjDominican Ss . . I 95 H
t do 6 H .?. . . . 87
' 3 DjDomCanS Hs; nots,101
32! do 9s '26. 99K
102 do o 82;. .
3 do 5s '81. : . . .
3 .V Dutch E Indies!
rct s '47 ... .
5S do cts 6s '62.
4 8!Frertehf8s
87 FrenclfcjV H . . . .
20jlmp Jap st 4Hl.
P- do stcrl loan 4i.
lllllenmarkt 8s , . . .
40 do ctf j i6s-
1 'Italy 6 44 s A
32, Netherlands rets 6e
4orway 8s
84 i do s ctfs '52 . .
65 (Sweden 6s
17iBoliria 8s ......
lairhila 8s '26
3sTdo 8s '41
6! do Si certfs . .
SJCuba 5 '04
9rt"choslorakia 8s c
155R of Haiti 69 '52
- ! t ruguay 8s . . . .
lOiQneensland 8s ctfs
10lt Q de Sul'8. .
Ho I'anlo 'Ss ...
Bid.
log would ot be unfayorable.
12 Filefor Water
EigHts in Oregon
'-' " - : f '
Salem. Or,, Oct H.J-The Rogue Hirer
aiiey uanai- company at MedTord has' filed
with Stat Engineer Cupper an application
core ring the appropriation of water from
Long and Badger lake, Four-Mile lake. Long
and Hone creeks, for the irrigation of addi-
Uonal lauds in Jackson county '
" Other-' applioattena corering ' water rights
. hare been filed with the state engineer dur
ing the part week as follow:
B HyM-- Cpckbura' and A. ft. , Shumway
" of Milton, cotering the appropriation of water
from Cause- creek for the- irrigation of 40
acre i, Umatilla county.
By Kdwin Hay of Tgh Valley, eorering
the. appropriation of water from Kerr creek
for Irrigation purpose and for water for
boueebold use in Wascon county.
B Oregon-American, Lumber company
. PttlaBd,eoTering the appsspriation of
v water, from Bock CTeek and a ismaU tribus
j. tary thereof for -domestic supply for roid
. camp and for mannfacturing paspoae. at an
estimated cost of $2000. In Clatsop county.
By NV MJ. Johnson of lone. coTerfng the an
propriation of water from Hock creek, tributary
to John Day rirer. for irrigation of 2S acre
In tiilliam county. ,
By 3oin II- Priest of Rogue-' Rirer. for the
appropriation ot water from Rogue rirer for
.f0?." at 10 m "t Jackson county.
By Mary C. IH"rereux of Bandon. corering
the appropriation of water from a spring for
domestic upply in Coos county. 4.
, By Jerry Lewaiien. Claude and Fred Lew
alien of Hebo, corering the approprUtion of
' V.-, ?roia Cedar creek for tha-erelopment
of 10-horsepower for BghUng and household
purpoeeev
V By 5 P' Hansen of Climax, corering the
., ajrpropriaiion of water from Antelope creak
for irrigation of acre in Jackson county.
t k oost of approxmately $750.
I Br Buxton. Bros, of Molalla, , corring the
appropnation of water from Woodcock creek
. -for irriaatioa .of approximately 120 acre in
- Claekamas. county.
By James L Hisrgins of Jasper, corering
the appropriation of water from Hills creek
fur imillpoBd and for Cuming lumber in
- Lane county. '
By Hertiert Hick ox of Kysss, corering the
' appropriation f water from Snake rirer for
irrigation of 65 acre in Malheur county at
a- cost of approximately $2000.
1
NET
$5,000,000
icof,G6lombia
C FiYeat 6'4-Notes T
ssecoreo- y . iirr on" at
:j -,, ; custom- reeeipta.
Kxports
fs,tAs,W
Inport
,:-'fies 18 aid Int.
- x
Robefbon&Eving
M7.8 XortSwestcH 1 Basi Blig.
- t.:u . ;..,k-..Prtlndr or.
SO L'KGBAI 5 Ha"28
00 OO SHs '37
96 C 8 of Bruil 8.
127 do 7H rctj ..
10 U S of Mex 5s. ..
11 do 4s c.
NEW YORK rrrv nnxrrv
1 N Y City 4s '56.. I 99 H. I 49 I
8 do 4s '58- I 99Hr99l4i
? o4?, '5,---.r- 99,4 9V1
98 H
99
04 H
94 H
95
79 H
109 H'
9
5
3T
110H
100 H
103 H
95 M
102 hi
102 H
102 H
96 H
92 H
96 H
104 H
101 H
tin
1084
X02 H
100
11
37
9322
018
9822
9810
9858
98561
983
9820
10O30
10002
1OO02
9870
82
101
100 H
(iooh
95 H
108
78
894
108H I
78 HI
78 I
om 1
75 H
97
97
77
86
95
8
100
F99
.'98
98
93
93 T
98 H
94
92
79
108 H
98H
95
93
HO
100
102
94 Ti
102
102 H
101
96H
92
96 H
104 H
100
98
98
108
101
89 H
II
87H
MlSCELLANEOr-J AND
BONDS
ifAd Exp col tr 4s. 81
10052
9'444
9S18
9836
9816
9880
9856
9854
9840
10O34
10O02
10004
9982
82
101
100H
10O
96
108
78 -90
108
79 H
79
91
75 Vs
97 H
97
77 H
86 H'
95 -87
101
99
98
98
93
94
98
94
92
79
108
99
95
93
110
190
163
95
102
102
102
06H
92
06
104
101
98.
1 98
,108
101
99
88
48
37
99
99
99
94
LNJDUSTBLVL
11 Aiax Rub 8s
15AlGMcT db 6 SB
14,.Am Smelt 1st 5
15Am 8 A R 6s. .
lAm T & T crt 6si
ju o col tr 5. . J
3! do crt 4 . . .
24 d col 4s.'. : .,
38 (A J Tn M crt 6s
5; Arm our re 4s
9(Atl Fruit crt 7s. .
do ctfs ......
21!Atf Ref deb 5s.,.
7iB T of Pa 7.. -
99
103
94
102
115
97
101
91
77
90
38
36 ,
OS
108
105
99
" 9
100
SlBarnsdaU 8s A
21jBcta 8U lst.xt 5s'
16J do ... . i .,. -,- j
lSIBrierhiU SU
2!Bkhi Edi ffen 7 Ciinnii
J 7I. - (108"
2 Busk Trra.Bld 5s 93
2.Cani Gen El . " 102"
7. t ent Leath gen 5s( n7
81 I 81
99 I 99
102jl03
93 HI 93 H
101 H 1101 H
113 1115
97 j 97
100 il00
OTHI 91
76
90
88
86
97H
70
90
38
36
fc7
108Hjl08
20 C le R- crt 8s.
87 Chile Cop crt 7s
?Ldo eni tr s...
Ciq GasAEl !
l do Bs sti ....
iiicnr wealth Pow 6s
.JlCttn Aau Rar7Hsj
2Consum Pow 5.
- crown t'&Se.i-
BjCub CanSgcTtdb7al
i ao os sta. . . . .
l;Cub Am Sng 8.
2!Cumb TT oa. .
13 D E Ry 7.i.
lfOet Edi rfg 6.
18 do ff 5s. ... .
.'SIDet Edi rfg 6.
J"(et Kit Ton 4 Hal
Dunont 7k.
iUpq I.t A Pow
1 1 UD A
CM K (nh. fin T 1 -I
m ct2
3
54
3
6
-'3
2
34
7
21
38
27
lSiFirk Rub Co. 8.
rnxjev- (Sen 7
Gen Eiee deb u!
d 8 ...i,. ;
Jr K e 41
do 8a ' t
n?. " rets
" . v' oei
S i r ""e o. . .
B,Int Agr 5a
e;Int U M S F 4i
.4ih.yer' 7 . .
J? feli Spg Tire
fll8
106
94
98
92
96
90
9,8
90
9H
5
84
87
107
92
99
101
96
87
89
107
108
102
107
100
S
96
ljj
- 90
101
105
80 44
101
118
9
5
5Hs98
91
100 -79
,
87
90
lOiKinneyCo, Vt 7ti
IJILack kU L !fj
1 do 5a :
.4iUgg 4 Mr s
' .36 .do 7, etfa..::
J Z lii Ut Tl Ss
iia Gaa A Lfc 4a..
,?!?It f Co it s,
j tine o;.
V TAT 1st S,"a
" - i tAirtwna rr
-dCo rf .au. 109
Tel deb 6.. 05
4 at'F!h Pwr SsflOl
105 U
8s 107
100
100
92
92
99
.T
103
10S
113 :
107
99
2
97
90
109
97
190
uitmt r. a, x x.
8PwJ. 4 E.. Ss..
.. : ! -do fta rets. . i
" Pkar Afot Ss..
20 Phil 40. rtt. $:
sas-etd.Tfl04
US0
11 P.
;il,' V war
JS Rein. A.ilitaAi
l'Rem L. A: S. &s
4 Sak A Cow : t.
4tSm.: C. ; Ofl-SJ
ret.....
80 Pipe Sa ctfs. ; .
1 Sharon Steel H 8s
10 S.. P. R. Sag. 7.
S. BeLl T,. A T.SsJ
7
100
4
92
"S-71-"
l
107
8
93
93
lfl
98
10
99
5
T
99
99
106
107.
90
102
i 98
118
i!05
92
98
V2
93
89
9S
90
95
95
84
I 87-
107
92
99
101
wo
97
89
106 Ji
107
102
106
10O
88.
9
104
89
101
105
80
101
HS'""-:
8 -98
88
87
91
100
79
87
84)
103
107
100
99
92
91
98
9T
103
103
113
106
99
874
92
97
89
106-
97
100
108
104
94
144V
.101
a
92
107'
,4
10 ,
94
1
w
1T
9
85
104
120
83
93 V.
ie
8
10
2
99
99
95
?
89.
'99
100 .
10
10
90
102
98
118
105
93
' 98
92
95
90
98
90
93
95
84
87
107
92
99
11
96
97
89
107
108
102
106
100
93
96
104
89
101
103
80
101
116
99
98
88
98
91
100
79
7
80
105
107
100
100
82
93
88
97
(103
104
112,
106
09
68
90 .
190
7
100
108
104
94 14
104
101
94
88
187
97
100
84
92
96
1
197
85
104
120
83
93
101
88
100
82
99
99.
95
?
Sales. I ' SIOOO
107
88
88
102
82
100
100
97
105
95
104
IOO
losu
94
109
107
103
96
lOO
96
105H
BONUS
88 I
81 HI
81 1
87Hj
87 1
8J HI
9:Tidemr Oil Sa,103
. STol-EcHils 7s.jl06
1 , A f ctts
1 t nf Tank Caw 7s.
i7,ri Drug 8 ..j
2 IT Ef Htff Maeh 81 104
i&ii n ns cpn esertM 5H
t:nt tttore Kitr (isllOOH
U KUO 1 Hs.
241 do Ss
8! ao ctfs 4T .
34!U S Hfecl I 5s
24:Cth P A U 6.
SjVa-l.'ar Chens Ss.
10 do 6 i'. . . I . ..
3i do 7s rets A. . .
7 do 7H
81 d crt 7 A w
1 1 IWar Sug . Kef 7s'
6; West - fUec 5.. .
4 (West P Pow 7.
3!W V col 5s
lOj do 6 Ha .....
18iWeBtghou.s El 7s
4Wiu Arms 7s.
Jlrl-Bli t 7sj
12!WUOB l SS. .
4i do crt 6a . . . .
lUi do 7 Hs .-. - . ..
RAILROAD
34 A TASK gen 4
7j do crt 4 . . . . .
i do adj 4 stamp, j
1 0,A ; L 4 a. i
141 do 1st. con, 4... j
! 61ACLLAN contr4sl
87B A O 6 . ,
20 do ref 5a .
1KH do crt 4Vi
19) dn gold 4e . .
7 do pr In 3 H
lOj do4PLEAWV
13! do SHsPJAM d 93 1
2iBd 7th r cob 5 62
16:Bkln R T 7. . I 92
1 5j' do 7s tr co ctfi . I. 91 I
1 5-,do, 7s tr co ctfs st( 88 I
,lBuli Term con 5.-j 8S i
SiCan Nor 7 1112:
7) (do deb C . . . I to
7ftCan Hac 4 HO
19C By of Bzl 7s.. 1 80
1 lit A O ric Ss. . .
,23 : do crt Ss. ..... j 90
. 2i do gtnt 4 . . . 86
12 do crt 4sv... 8H
2l( hi A Alt rfg 3
43i do 3 Hs ....
,3C B Q re? 5s
( HQ 8 111 dir
' A K I 6s. . .
Chi G W 4s. . .
G MA St P 4.
do 4 M
do crt 4 s
do rfg 4 HsA. .
do crt 5sB '. . .
ao 4s
do deb 4. . . .
M Pug Sd lt4s
V N W 6H.
do g m 4s . .
do gen 3 Hs.
3 C It I A I' gen 4s
oil ao- rtg 4s
39iChi A W I con 4
I High, f Low. I Close.
102 103
10HlO6
98 J 98
104(104 H
112 112
104 104
MIDMST REAL )
ESTATE STEADY
WALL STREET STOCK QUOTATIONS
Reported by Orerbeck A Cook Co.
03
IOOH
107
88
88
103
92
100
IOOH
96
104 tw
94 H
103
I OO ;
104 H
94 i
108 i
107ilt)7
103 tt)3
06 I 16
99 1 09
96 -.
105 1105
93
100
107
88
88 H
102
92
10O
100
86
105 '
94 W1
104
108
104
94 H
108
88
81 H
81 H
87
87
80
I
I
49
23
1
5
117
63
4 8
85
4
2
4
1
1
87 I
81 HI
81 HI
87 H!
87 I
80
llOO I10O ;190H
86 HI 86 HI 86
81 H I 8t H t 81 H
82 H 8-! , s;
94 94 HI 94
80 I 79 t9
93 I 93 'I 93
62 I 62 I 2
91 H I 91
91 H ! 91 H
88 H 88
8rs I 88
112 H il 12 H
110'J il09
: 79 HI 79 H
I 5 H I 80 H
i 84 Hi 94 H
; 93 HI 95 H
I 85 HI 85
. iimi 1100
!C C CASt L s A
4 lo taifo dir 4s
14 i jere Sh-T. 4 Hs
15 Cler I n Ter 5s
;. 2Coio A Sou 1st 4s
i Ii do rfg 4 H s .
' 4 Cub . R R 6s.
do 1st In A ref
7Hs
jPela A
do ref
'do 7s
6 p A R
f7fedo ref
0 do con
8 3 filet t n
20;Erielst
45j do
12) dt
Hud
4s. .
5Hs
G imp 5s
oe. .
4s. .
Rys . 4 H s
con7 ext
gen lien 4. .
pr In 4s., .
14 do crt 4s sA.
1 1 do ert 4s sB. . .
12 do crt 4s sD. .
1 .'do gen Riv 6s.
6 do A Jersey 6s.
1 2 Ft W A R G 4s
SiGalreston' Houston
j" A Hend 5 ...
3jGd Tmk Can 7s.
21j do 6s . .
39Gt Nor 7s
5j do 4 Hs
13 do SHs
2GnByAW deb B
15 Hud A .Man refl
i OS A .....
19 do adj ine 6
13 111 Cent 5 .
16 do rfg 4s
40 InMet. ctfs4 Hsstal
aotini U X crt 7 wi
100 ao rei os. . .
54 do rf 5s bks ctfsi
B6 do 6s
20jln a -V 5s nt ctfs
uo ao S Wl
1 Iowa Cent 1st 5s
7 do Kf 4s . . .
34K C It S A M 4s
JOla. C (Sou & ,
2 do '1st 3 . .
5K C Term 1st 4s
ll'Keo A Dei Mns 5s
1 (L S A 31 H deb 4
12 do dtb ' s
Sjl-hi V of Pa gn 4 s
ij ao us
2111 A East Ss, .
1 1 Long 111 deb 5.
1L A N unified 4l
21 do 6 H. .-. .
II do Ss S L dir
4Msn S W Coltx 5si
i'liist St Ry con 5s
3 do 6s ........
12jUich Cen deb 4s
12jM E R A L 5 Hs.
3;M S L 1st rfg 4s.
6IMSPS8M 6 ..
7 do 4
lilt K A T 1st 4s-.
101 H 10l
88
1.11
102
llOH
89
1101
12
106
101
87
100
83
50
7H
85 H
104
48
61
47
48
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91 H
94
84
3
31
189
1
l!
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17
41
no 4s a wi. . . ,
do 6 A wi. . . ,
do adj 5s A wi.
do 4 s ctfs . .
do 6s C wi
M P rfg 5a. . . . ,
M P. 6.
do 6a
do gen 4s
4 MAO St LAC 4s.
lOOjNassau El 4s. . . .
41 New. Or Tex A Ml
1 ine as
81 X X Cent con 4.
65 do deb 6s., . . .
131N T C A H R rfg
A imp 4H
176 do 5 . . 4 . .
- 2SYC LakelSh colj
tr a Hs- I
3 do "col tr S. .
1NTLAW eon 6a.
I N T L A W Trm
A im 4
19 NVNBAH deb 6s.
1 do deb 3 Hs
4 N T Rys adj 6s
10iN T SAWg m 5,
20iN T W A B 4 s
i:-or g 3. .
88
79
60
S
61
52
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91
88
118
108
87i
s
1
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87
102
102
52 Ore W R B N 4s 81
81PLMRR A ctfa. .) 72
jPa R B 7s ....llo
2B1 ao sa . . .
,1
-2
5
126
1
do 1st 5s
N : W RReon4sl
ao crt Os. . .
N Pao 6 i. .
N.P 4s. i . .
14.N P p lien ,
- 2 N-p-gen 8i. .
llj do ref A imp
6: Ore R A N'c
1 Ore 8 L 1st c
7j do 1st eon 6
5, do rfg 4s
82
69
10O
85
12
97
77Hi
77
79
67
52
79
88
79l
01 I
70 70
82 82 '
92 I 02 1
!-! 92 ;
92 Hi 92 1
! 79 H I 70
1103 Jlp4
I)H 99'
84 j 84 I 84
89 SflVil SIH.
103 !1(J3 ,103
62
96
90
93
91
92
40
100
86
81 H
89
83
60
72
86
97
89
99
63
86
62
76
81
104
73
78
100
EXPANSION
INCREASED demand
makes expansion not
oiily, advisable, but neces
sary. The Northwestern- Elfjfctric
Co. plan to start work imme
diatejy to double the gener
ating capacity of its plant at
the !foot-of Lincoln street.
To help finance this develop
ment the company now offers
its 7 Cnmulative first
Preferred Stock at
$100 per share
' J. G. TAYARES
XgT. Stock 'Sales Bdwy. SS.
Please serwx informattoa re-
rardlng- your Investment.
SIM ...... ............
By BSefc Smith - ;
Kansas. City. tie. 31. The tesdying pf
the real etatev market in Ute Middle Wt
for both city and larm property Is a fea
tiire of the f inancial) situation in this section
today. , :
- Farm lands which decreased censiderabry in
selling ra.'ue last year now' are reported - on
a - more stable t-is. Real estate expert de
clire the bottom h. bern reached and that
farm lands are due for -an advance from now
on. .In Miesouri and Kansas improeed farms
can 1 bought for $100 an acre or lea.
TM has been a Blight upward awing in
city property in Kansas.
Sales I (In $1000)
High j Low
10 do con 4 a... 1100 1100
3j do gold 6 . ..l lO 109
3! do g mg 4e..S iI 91
51 do gold 4s 1905 92 H I 92
1 1 do 4s 1 90 H 90H
7 do . .) 88 H 88 .
4iPeo-A'Eas lt 4j 75 HI 75
If do ine 4s I 32 f 32
2iPere Mar rfg 5s 95 95
4' do 4s , . ..f 79 j 79
5 Philippine Ry 4. 47 47
lP4'4'ASl, 5s S AI10O IIOO
23PRIAP 7Hs "461108 (107
34: Reading gen 4s. .
3iR'RRorN"J col 4s
38RiA. W col tr 4s
113 L I M A 8 HI
A Ga dir 4. .1
11 SI. A M F p 1 4s A
13 rt' ; 1
9 j 00 gen 6s C . .
6"t do adj !
621 do ine f.s'. ....
1 do gsn 5-1
3 1 do gen ft Hs I. .
4 ,8 L S W 1 : -t s .
1 I dr rim 4s .... a
3! di ' Term !- . .
2 8 I' M 1 II tn 4i
3:8 A: I. gold St 4s
24 j do rfg 4s ... .
1 4 do sdi 5s ... .
OKI fi. cm 6s ... .
1 3S P crt 4s. . . .
28 do rfg 4s. . . .
15 do ml tr 4s . .
43jSou Ry gen 4.
26 do con 5s. . . .
! do 6 Hs
29 -Texas A Pa 1st 5s!
7Third Are rfg 4
251 do adj 5s
1 9 ' Cnion Pae 6s
84 HI
87 H I
63 HI
84 j
84
87
65
84
71
87 j 87
loo, jioo
78) 7SU
05 I
99 T
94 i
1
23 do 1st 4a
3 do crt 4s
16 do ref 4s
6!1'RR of I CSFSs.
6West Pac 5s
liWest Shore 4s reg.
3 do 4s f
STAN HARD Oil,
ISOOjAnglo Am Oil ...I
30O Atlantic Lobes . . I
10J Buckeye P L
304'onrjnenfal
Oil.
76 'i
83 !
57 j
42 HI
26
H I
82 l
41 T aL
86 Vi
68
97
102.
98,
66
60
103
91
95
85
87
88
81 .
82
ISSUES
! 20 20
! 7 'A 7
I ft K4
1148 1;47
99
94 HI
77, :
7h :
78 HI
93
57 I
46 Hi
2a H
65 H
91
87
86
68
97
101
95 I
on VI
60
103
91
94
85
87
82
81
82H1
IjOoa
;1O0"H
HS
81
92
8!4
88;
75
,32
95
79
47
loo
108 "
84
87
65
84 H
72
87 H
1100
i; 78
t 65 4
99
1 94 H
81
. 400Adam Express . .
lAdranca Runt . . .
90 Agr Cheat ....
t TOOiAjax Rubber .
. ,Alaska. ioW . ; . ,
. . . . .lAiaska, Juneau . .
1150Oi Allied 4 'beta
1200;Allir-4'halmers . .
... . .J do pfd
2O0jAra Heet .Sugar.
80oj.tm Bosch
19900 Am Can Co .
lOOi do ptd -
900!Am Car A Fdy. .
..... j do pfd .......
400iAm Cot Oil
I do pfd
800iAr,l Drug Synd. .
. Am .Hide A L. . .
-.- I do pfd . I
800Am Ice
2IW()Am Int Corp
ISOOiAm linseed ....
IO0 1 do pfd
aiOOtArn Iax-o
..... f dopd .
. 28O0(Am Sif- Raxor. .
,29tKiAm fthip A Com.
26O0iAn Smelter . . . .
I do pfd
4SA44 Awtiw N'ichols i. .
3300 Am Steel Fdy.'..
3800Am tuwar
78
16
32
13
do
Am
Am
Am
do
Am Wool
do pfd
Am W P
Am 54inc
Anaccnda
Asm) Oil .
60O0iAtchi:cn
1100 do pfd .
iiooiAM IVia?t
SOilOiAtl ; A
. i
8500
1010O
1500
320O1
570O
800
600
10O
15O00
4O0O
ptd
Sumatra . .
Tel A Tel.
Tobacco . .
B
pfd
77' ;
45
i'S7
a
isi "
s"
12 H
69
107
30
tMW. I Bid.
78
13
31
13
12S
74
45
I 37
34
8
179
22
"6
10
69
106
28
56 1
123
i 7
55
I2
W
ine .
I. .
76 J -
7!
93
57
'46 H
26
65
92 H
87
97
102
95
66
60 H
108
91
94 H
85 H
87
83
81
82
2-1O0
1100
300
80O
100
b 2100
3100
8200
S000
23O0
5200
lOOIGal Sig Oil I 50
30Hurable 4)il R Ref 24 8
250i4.tb.io Oil 302
30ni P L 176
625ilmp Oil of Can.. .116
lOjlnd PL 93
12300 InU Pet Co Ltd. .23
330!Magnolia Pet ... 244
20jPrairie Oil A Gas 635
255Prairie P L 276
10,8 41 Kan . 605
lOjSolar Refin ....391
10;8o Penn Oil .... 188
20 'Southern PL... 94
29000IS O Ind 120
1700IS O Ky new .... 108
490018 O K T new . . . ;48 j
24518 ON Y 565
lOO'S 41 Cal new ... 61
7;Vacuum OU 632
3200 do new 41
8100jS O X J 42
50
142
299
175
112
i 20
t 7
I 94
1148
50
248
j299
i!7 .
112
93 HI 93 H
22 22
240 1241
30
270
i5,
188
94
116
105
40H
04 li
161
640
40 H
41
630
270
605
391
188
94
117
10H
4G H
546
61
j642
40 H
41
FOBfclGX EXCHANGE , RATES
Corrected daily by the foreign 'exchange, de
partment of the I'nited Sttac National bank.
Quotations below (except the pound sterL
ins I are quoted on the basis of 109 units
foreign currency. .
Opening, nominal rate on bank transac
tions : .
London
Lbs.' stlg . . I
Paris, francs.
Delirium
Francs . ..
Berlin mark
Genoa, lire . .
Athera
Itrachmas .
Copenhagen
Kroner . . .
Christiania
Kroucr . .
Stockholm
Kroner .
Hongkong
4'urrency .
Japan, yen . .
Bharixhai
TaeU ....
Canadian
Draft
Checks
t 4.45
7.02
6.52
.02 H
4.07 H
2.10
20.14
18.13
26.72
r.r..3.-
4 8.12
Cable
Transfers
$ 4.45
7.03
G.53
.02
4.08
o jo
20.19
18.18
26.77
!".-.. oo
48.27
Par
Value
$ 4.866
19.30
19.30
23.81
19.30
19.30
26.70
26.70
26.70'
2 16(10! Baldwin Loco
.... 1 1 dt. pfd ..,..
!52Ba!t A Ohio .
li -ptd
61H0 Barn-- 4'crp A
280() dot. B
14.200 iBfth Seel It.
. . . IBoct.h Fish .
lOOOiR Rr T
Butte Oil..
Butt A Sup. . .
Burns Bros B. . .
(Caddo Oil
Calif Packing
Clif Pet ..J...
ao pfd
Callahsn Z A L
Can Pac
On Leather . . .
Cerro . de Pasco . .
Chahd Motor
170(C A N W
600Chg. Gt W
700i do lrfd
flftOiVThilk-Cdp
870014'hirm
700O1C M St P
3450O do pfd
."lOOOjCorn Cola
2100'C A O
Colo F A I
Colo Southern . . .
Col ; A Klec.
Columbia Graph..
Con Gas ........
Con Cigars
do ifd .......
Cbrev Textile ....
ConS I 'an
7100!Coi3(i Prod .
dq? : pfd
.'080olco,4frTi ou ;....
ST.OOlC '6. I A Tj. . . .
osf A pfd.i . .
da "B" ptdJ. . .
CrfecSble
do pfd ........
Cuba Cane .....
do pfd ........
Cuban Am Sugar.
Ilerison Chem
Iel A Hud.
Iel A Lack
Home Mines: ....
Elec Stor Bty . .. .
Kndicott Johnson.
Erie
do-lst pfd
Famous Players. . .
Fjd Mng A Smelt
do ;.fd
Mien Ci jars
' sou Gen Elec
lSftOOtGen Motor
100l do 6
300
2 4 IX)
7400
9400
600
1700
2200
TOO
t(rt
10300
100
400
400,
700
5O0
TOO
1TOO
5500
5 1 'Mi
1900
5100
3200
2100
7 100
1 OS
500
35
122
166
153 H
97
' 30 "
'48
11S
103
1 1 8 H
I 23
1-132
80
32 '
21
72
7
81
48
9
'54 "
" 8 "
144
; 88
37
61
88
S
13
24
25
28
44
77
74
107
3
'37
' i i ''
94
128, r
. 'C '
4.8
40 H
96
89
76 H
4i
75
S3"
121
152
151
96
29,
47
115
102
117 H
22
i;t
48' '
'2H
21
69
SO H
47H
H
"50.
"7
142
37
36
69 H
87 H
5
12
23
i 24
27
42
75
72
105H
. 2
36
. . . . .
j91
124
4rt'H
38.
96
89
74
21 21
132" 129 "
134 132
44 42
55 54
84 83
14 13
2 1 20
83 93
12 '12"
i76" i75
14 13
82 82
TS
IS
I-
1
76
44
96
33
S4
8
109
179
122
23
43
10
68
106
29
34
55
123
119
7
20
53
102
30
41 H
75
107
33 -
122
152 .
151 H
96
109
SO ,
IT
47
115
102
P2
117
22
1 29
1 16
4M
61
31
20
69
7
16
7
30
47 H
9H
82
61
90-
7
142
37
86
59
87
6
12
23
24
27
43
75
72
28
46
105
2
133
86
81
10
91
125
118 H
46
3
4111
841
74
93
12,
85
21
32
12a
133
48
54
83
14
20 f
93
10
52
12
77
175
18
81
STOCKS -
I High. Low.
UOOOiGen Asphalt'. 1 68
64)0(4ioodrich T A R- 2
.'....( Jlen Aldcn .... '. . . . .
- 200,iranby . . 2 :
1100i4'rcat Nor Ore. . . ; 84
7904ireat Jior pfd... 90
. .'. . . Greene Cananeav. . ......
5400 Gulf S Steel.. . . 91
2701 Honston XHl . , 81
1400 Huim Motor 21
- 400 111 tnt ....... 112
3200 Inspiration . . ... 84
.... .lint Agr Corp c. .
W do id 8t
i 400 interboro . . . ...
6041 do pfd ....... 1
800 Int ll.rr ...... 104
2000 Int . Mer Marine.. 15
W300 00 Jd ....... I . j i . t
2800Int Nickel .1 15
StMtO Int Paper . . . .". 57
180OIut Comb Kng. , . . . ...
530O)Inrincible Oil' ... . 16
240Of IsUnd Oil . '. . . . ......
1 OOOjK C Southern . i , 21
. . . . .1 do ;d . . . . . . . .
ISOOlKayseir J 44
240OiKey-Spefd . , . 40
6200 Kennecott 82
' 44Mtj Keystone Tire. .. . 6
1700tlck Kteel. . . . . . 82
OOOiLee Tire .. 25
AOOOILehigh Valley... 68
800Lorillard . 162
SOOOiLoew Theatre... 19
3 2 00 Lima Loco .... 59
280OiMariand 4H1 82
40OiMaxwell Mot "A" 49
looof.dof; rn" 14
8160 Ma Stores 146
13100M Pet 226
a mo Mex. .Seaboard. .4W
I'miNuint
760O Mid. gtaiss Oil.
7100Midrle ftteel . . .
2800IM. K. A T. Wi
12ooiMeck Truck. . . .
200:Motit. Power...
21oojMont. Ward. . . .
700:Mo. Psc
. 74.00
dollar discount
74.30
The- boulevard between Nampa and
t-aiaweii has been widened for a dis
tance or tnree miles and surfacing will
be completed before winter sets in.
pJORDAN-EffTWORTH & (q
201 Railway Exchansm
Member Cblcag-v Board f Xrul
STOCKS BONDS
GRAIN COTTO.S
PRIVATE LEASED WlSg to
F.' Hutton & Co,
MEMBERS ALIj PKIKCIPAl,
EXCHANGES
Solicit Inqnlrle AU
Bwcsrltltta
Local
CUDAHY :
PACKING COMPANY
52 Bonds
Dated Due
Oct. 2, 1922 , Oct. 1; 1937
DenomioOO, $500, $100
Average net earnings of this
company for the la six years
have averaged over twice the
amount required for interest on
these bonds.
Price to Yield
' 5.50
Wire' Orders "Collect"
RALPH SCHNEELOCH
I Company
MUNICIPAL h:l'M-ljCDRPORATlOM
Second Floor lumbermens Bioa
3400 do rfd
fM. S. I' S S Mi
10!!Xt Hi cnit . .
7SOOiNat Enamel.
400 Nat Iad..
90O;Nrda 'on.
400)New Haren
20O0jNr.' A W. ,
1704)iN Americaul
6300 Nor ric. .......
Nora Hcotia Steel.
800 N A Brake. .
8 7O0 N f Central
1600 Okla Prod ref . . .
1400 Orphenm
200 Ontario A W )
500 Otis Steel
1 300 Pacific Per.'
2900Pao Ga A Elec. .1
43000Pcifio Oil ......
17800!Pan A4 Pet..
8000 do B .
3400 Penna" ......
llOOlPa e Steel
90 i Pen f '
.. SeOO'Pcre rMarqueae .
2(H'IIhihlehhia Co .
107OO PhUihw Pete ...
SOOOlPirrce-Arrow . . .
lnoOiPiirce Oil 1
800Pitts Coal I
lUOOiPitt A Weft Va.
100-Presrd Steel Carl
80tl'l'un-!4 Alcgre . . .1
SHOOiPollman'
6700iPnre Oil
Hay Ciftis
Reading ...'...
Remington ...
Rcpfogle Htjeel .
Reimblic I A 8
do ifU . .
. iReo Motors . . .
5000iRoyal Dutch (til
.SOOIRy Steel Spg. . .
3 300Saxon Motor .
-' !'r Rcbuck .
200IShttuck A Aria
iSteU T A T . . .
2 1400 Sinclair
JOO,Slosfi-81ief ....
6S(MltSou Pacific . . .
2J
12
31
16
55
,70
21
19
54
7
230
64
109
14
28 i
11 9
95
-84
"si" '
98
jo"
23"
. .
79
.49
81
89
48
3
93
34
40
46
12
5
57
37 H
55
' 82
"28
33
S8
'88
79
20
111
82
iiii
1
103'i
11
14 H
5
is
'20!
'42
39 Vi
31
H
0
25
66
161
18
58
29
48
14
143
221
'27"
11
80
15
53
70
20
18
62
5
230
62 H
108 H
18
28
117
93
82
"83' '
97
21
23 I
76.
45 Hi
88 Hi
87
48
SW
.92 .
33 H
40 I
44 H i
11 H-
6
57 J
36
Hi."::-.'
. 2 -S3 to
..126I124H124H
. 20H( 28l 28
65
82
62
53
33
S9
28
89
T
20
111
S3 -t
81
:
1 -
103
It H
50
14
"56
24 H
15
2(4i
53
43
3.1 H
H
79
25
18
58
31
48
14
143
..
"It,
27
12
so-,
16
5i
70
20 H
18 H
53
4
230
62
106H
13
28
118
94
82
H i u.
33 S
97 H
2
21
23
9
1
76
45 H
88
87
49
3
92
83
40
44 H
11 H
37 H
36
81
42 H
STOCKS LOWER;
: BONDS DO BETTER
SOO KtromKerf Cm
4300ilon y .
!Stt4f do pfd ... .
870O8taad Oil Cal
. . . ..I do Ind . . ...
12880! do N J ....
.....i do Ky ..;
908t L A 8F.
1 700O!8tndebaker
. . . . .(Swift A Co .
320!TenB Cot A-Chmj
llauilv . ,ii 1 ,
a earn . . .
1 too, Texas Pag ":
S2O0!Tex PaelACAO .
JSOOiTob". Prodnct. ..
404toiTran Contl 4KI .
200H nion Bg A Paprj
2i0!lni Otl lel...
8',l"nion lac r. ; . . .
SOOtt'uited A Hoy. . . .
50lCnited " Drug . . .
700 I' ntd rVod Prod .
SOOjt'nited Kfnit i . .
300!l ntd Hda of X 1 .
4001 do pfd .......
92001fni Reteil Stores
300JU 8 C 1 Pipe.
IS24IOC ,,a Jrid Ah-bliol.
2-404141 ' s Itnbber
SOtFJ do ' 1st pfd.
t 51 3H 60
I 24 24 I 24
SS S3 S3
118 11 .jtl
. . .-. .'. 11S
211 204 204 S
107
SS . - 25 33
128 123 128
10T 187 107
8
48 .47 47H
26 f 25 I 25 H
i . . . . . i- . 53 . .
14) l 13
9H 8 68 -
16 H 16 ,"
1431144t44
85- I 34 H !
78 " i . 77 77
6 5
1S2 ISO it 50
13 11 11
26 25 H 23 H
84 80 H 80 H
28 27 H 27 H
67 5 3
.52 H 51 H l
95) 94 94 H
40
10
1
29
lfJO'r. fj Smelting..
34000 1! 8 Mftl
20! do, p.'d
4400 l uk Copper . .
' loo,V 4-hein . .
2001 do ptd
. 4 70O; Vanadium Steel
-8on-vivaudVa
3500'Jbfh .
SltHil do A pfd ...
lo an B pf , ; .
; 100;Wen Fargo , ,
StMt W'estern 1-ac . .
' 1 0; t pfd ,
1 6n; Western I'ukm .
24)0 Wtingheu A 1
5200 W-ih. E . 3
-500 ;V,t Md . . .
JOllOAVhit Ksgle '4i
140W(Vhitr Mctori ; .
SOO White o;t ,;. .
320(tlWiH Itreriand
100, do pfd ......
-.600 Wwki 4HirW
1 4 0O Wisconsin Centra If 2 8
06IO4HHO
t.. , jl2i !U''
3tt Wonlwcrth
oo tortliiigton pump;
vtMt w 1, r, .
!
ill"
'liol,'
Ur
. S
. t
, w
89
41
184
as
" 1
It
28
13
. t . .. .
110
. . . 1. .
5 HI
18 H
80H
Trial miW-.
TofsK'-ales
stocks. 1.25 1.000 -sham.
hand. $12 n OHO.
K Hi
SHI
38 HI
401
27 1
18 y- z
83 H!
. . . . . i f3ro,
corio
300
Id H
81
31
28
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83
55
115
3
S4
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88 j
1.4
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27
47
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116
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81 I
18
79
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27
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IH
34
114
'3
.82 7
36
81
42
91
WILLAMETTE TRIBE, NO. 6
(OIKIAMZEII ISWI
IMPROVED ORDEP. OF RED MEN
... OFFER TO 'THE PrBLIC r ' ; ' j
$4,000 of the $25,000 Iss-je .
20-YR. 7 1ST MORTGAGE; BONDS
Air ParTo Yield 7
ISTEBESTTA TABLE SE M I A W N lr A 1. 1. V A PrftV 1st and October
, , IEO.MI?fAT10Nj $160
i nese jxmaa are securea oy
Portland. Trustee; covering- tlie two-story and baB4nient. concrete
mill-oonBtructed building now being; erected on JjOTS 1 and 2, BLrfX
joi, tepi
Portland.
Ded ot Trust Mo the Bank of
l8t
nd
Building costing
Land value ......
...... .l5.P0
,.yf. 15,000
Total Value of Security .t. ........... 880,000 .
First Mortgage"-Bonds Issued -i ,
, Against Property ........... ......'.4 .$25,000
' The estimated revenue from four stores.: three assembly hails ind
seven offices in the building- are saffictfrtt'tfi provide for sinking find
to iietlre the bonds before maturity. Bonrisl wlll be retired by allotment.
The legality of the Bond Issue haa ben favorably passed upon by.
Tn : corporation cjommissioner of j the State-of Oregon; W. La- Cooper.
Attorney, and Bank or iiiast Peruana, 'iruetee. v.
' , V ' " '
For information "call .' - , -.
L, H. Hamig, Sec'y Building Committee
1S L-JflON AVKSVK. KIST 7101 ' ' -. j
Bonds oft sale st Bank of E. PmUaad, Grand Ave. and E. "YVashlnftOB
'lOaf
iv li'Obimit. .. W. Vomer of"
FIFTH AND STARK) ,
U niform Earnings
Excellent Wield
Those are principal featutir t our cur
rent offering of the ; allotted 1 portion of
31,100,1100
UNITED STATES PUBLIC
SERVICE. COMPANY (
6 First Lien Gold Bonds
Price 97 and accrued interest
to yield over 6.20
This bond- is esjjfcially attractive for a
long term aeenrity. for it aires an excel
lent in rest men t return and is secured by
uniformity of earnings due to (applying
public necessities.
Price 90 and Interest
to Yield About 5J0 .
Details upon reqnest by phone, mail or
hi person.
CLARK, KENDALL & CO., INC.
BONDS
N. W. Cornar Sth and Stark. Bdy. 821 S.
PORTLAND, ORE.
School
Bonds 4
These Gond Bonds Arc Ljegal Investment for SAV
INGS BANKS in Oregon, Washington and Idaho
Price
to Yield
J I Hill l II.. Ill III W..HI MH r 4
f 52
1 -'- i 'ft ss
INCOME TAX EXEMPT
Select Safe Bonds
We recommend the following:
Security
Western States Gas & El
. 1
ectric.
Southern California Edison Co.
Washington Pulp & Paper j . . . .
Consumers' Power Co. . . .
Pacific Power & Light Co.
Portland Gas &t Coke Co, .
Pacific Power & Light. . . .
East Bay Water Co-" Series B
Southern California Gas Co.
San Joaquin Light & Power. .
"Cudahy Packing Co.
Bate
, . . . .6.00
... .5.00
.6.50
. .. .5.00
.."..5.00
....7.00
8.00
. ,.6.00.
.... 5.50 f?
.6.00
, . ..5.50
Pacific Tel. & Tel. Co. . .
Western States Gas. &y Electric.
Pacific Power & Light Co. Pref. Stock
....... V.... 5.00,
..6.00
rr aav
Due
1937
1944
1941
1952
1930
1940
1930
1942
1952
1952
1937
1952
1947
Hit. Pay.
is Feb.
Fries
96.00
95.00
Appro. -Yield
6,40
5i40
I0L00V 6.41
92.50 50
94.00
107.50
105.50
M'ket :
98.50
M'ket
100.00
M'ket
99.00
100.00
5,76
60
7.10
5.75
5.60
5.85
5.50
5.45
6.08
7.00
Detailed circulars will be furnished
upon request '
. Witter. Col
GOVERN MENT-MUNiaPAL-COSPC.'JATlON BONDS
, Fourrm AND STARK, P0nTLAr4D
SAN FRANCISCO-LOS ANGELES-NEW Y0RK-CIlCGOSEATTLE-PORTLAN O
r ' ' .... - .' - ... isa
$9000 Bannock County, Idaho
6 Coupon Bonds due serially 1934-42.
Legally designated p.s School t District
No. 35. Real alue of district $1,250,
000. Net debt' $62,000. 1 ' '
$14,500 Minidoka County, Idaho
A6 Coupon Rate. ! Bonds 'due '.serially
1932- 42. Legally designated School Dis
trict No. 3 Real value of district
$4,000,000.' Total bonded debt, this
issue included, $J4,700. - : -
$6000 Twin Fills County; Idaho
6 Coupon Rate. Bonds due; serially i
1933- 42. District No. 6. Real iyalue ;
of district $2,800,000. Total bonded
debt, this issue included, $44,000.'
V
Full Data on Rcauest
School bonds are consf a-!
ered one of , the most de
sirable Jtypes of security
They generally aremong ;
the! first to conirriand pre- .
miums. j ' . i
Broadway and Oak
t
7
GENERAL OBLIGATION BONDS
i TO YIELD :
. , , , .4
4. '
Bated inly 1, list.
6V2
TO YIELD
SeriaUy .
1. .
Principal and
Montreal. New Yorl
Brothers Corporation
BENOaiI3rATIOX8l '
aeml-apnuaJ . interest payable
l4
in '.Toronto.
the-, quatter of Morria
on. - - .i ' . j : ...
1... -: . , I
FIXAKCIAI STATEMENT 1 t,
tTotat assessed valuation . . ; . I ,' . X , . v ..I 760,000
Portland, Oregon..
..,...$57,000
...... 60.0W
1,250,000
7.Q00
tteai valuation ........... .......
Bonded debt, including" this issue....
Leias raectrlo Light Bonds ... . ,
Net Bonded Debi
, Population 2,600
:' ? ; " THE CITY OF HA73IA ' 'v : '' .-. '-'' '
Htnnt is the first diirislonal point of the Canadian Na
tional Railway, 140 miles- east of Calgary. The city fa
located in the entir of a vry fins farming district.': They
also: have a larr payroll .from the railroad. , Hanna is a
modern city, having two banks, thj" usual number of busi
ness, houses, arid good schoola and churches. The bonded
liKUrbtednesa of the city outside of this issue is $7000, which
shows that their finances r.av been very efficiently man
aged. ; .. .i.. t- , ;. .. ;
, This issue of bonds Is for the installation of a city elec
tric light plant and. on account of the substantial character
of the town, together with the- well-managed finances, is
highly recommended by-us. e
LEGALITY APPROVED BY IXN'0 V DALY, TORONTO,
i - -. - -CANADA..;-- , - .
Telepkose or Tflegrspk Orders at Osr Exseaie
. Government ahd Municipal Bonds
M '
at
Hi
18 ' 1
S'l) 1
fc,
4tlay-.
hi
?.& 1
I,- i '.:
for S
in
iro
t 110
f.n.
i M-
list 1
iept
( b
snb
i -V
m
ed
frao
I v
pun
Ltat'
fs
ids !
bf t
is cl
fat!
jrmt
Jrant
lecti
I gr.
lubs
i
1
' '"'I : !
1
i tnr
rer '
b 1
fcatt
nu
1 ; c
H : ;
in
u
in
ti b
iml
irno
4tiV:
Kta!
(fori
S b
f
r
Jlllt
T aill
I welt
Addrcsc
a s .ano. 94 in. t a
309-11 STARK ST
17 H Cal dch T iiav
104
104 5,
S.SATCo of Am T.;i4 , 164
-