The Oregon daily journal. (Portland, Or.) 1902-1972, November 02, 1922, Image 22

The Oregon daily journal., November 02, 1922, Page 22, Image 22

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Newspaper Page Text' ENTIRE FINANCIAL STRUCTURE IS AIDED IN. THE THURSDAY .NEW YORK STOCK EXCHANGE" trad: RECOVERY SHOWN III GENERAL TRADE Stuart P. WH Street, Sew Tort. ov. 8. Further rcohit ib botn stoca ana oooaa. uauw -advance in what price and fmk nkM in , rrcnen a German ea- J chutt. warn tba pnoo- 3 market today. - It has bean insisted. ; exchange for to two weeks baa M- no dcaificase to th trada ' "S. The rapid rebound of S WalnMdu efteroooa ud today confirmed Ui The objective of - previous decline bad baQ to ondo the e eses of the mid-summer speculation. In ao eompUabiac thia. op- IjVucuae were in tlr v - . . . n h Win rad Ulit occurred in tne "" "T:i day and .in in th. tT wa. ill dene. tn natural cpu . bv pressed, down rtirtoer , Sln" the need -rie. - ' - ' iil. MttbUt than that in stock. A number ; TirtJ, investment cl. rose ow . pfflU ' Tha foreign rernoent froop under W . - laJ rf tia Belgian bond., which at ona Uma atroneT In bond thare was no oo tl,r. wa in atocka of an oTc-Ktended ahort But ara wa. th. aam. recogaiuon Tth. bond market a to tha market, that the recent aellin morement Tad been ex The dBon.tration in ,U.S v aarau and the, improrement to, French bond war, the most remarkable in that ejcomded with decline in tha exchanjes of both eoun- ; " t"FreBch francs in particolar ot down rather - elm to the extreme low of a week mo. . lender : these eireomsUnces the weakness in the ti- ehanses could aearcely hare been set down to 4 any aocentuatioa of uneasiness orer .ennan - reparations bnt undoubtedJy it wa Snflnenced , sentimectaKv by We new low record established ' -for the market. For the first tomejbe mar : i ' ket sold below two ona-bmdredths of a cent. n . v - ...k. w nL " Naturally , It was more rapid in the industrials, which had ' borne tha brunt of -the preioo abort seluna. ' -: tlisn It' was in tha rails where operations for ' ttM deolina had not been so much of a faetor. "- "a Tha railway list wa up a point or more - - U arojnd. Practical evidence of tha pros perity "f the railway equipment makers was ' ' t afforded by the declaration of an 18 per cent i dividend on Americas Steel . Foundries. This wa another incident of the many similar ones darine the last month or more oj tne cneenui- . .n .v lithM nf inriuttn. This sort of - . action certainly does not fit in with sny idea '4 tliat business leaders are ioosinc witn nua- gjrines at the future. , Tha ttock market continued itp recovers nriv ami t the close many of the repre- Kcntariva industrials were 4 to 6 points above the lowa of Monday. Final prices were well up to the best of the day with active 0uyng in tha selected leaders still under way French Cichanoe Weaker In connection witiu the renewed weakness - - in French exchange the French bank siate .' ment fee the week was of special interest. The most important disclosure here is that after a fortnight of heaving rednctim jp paper : nee innaes. ihe tendency toward inflation. which was so marked a feature during August and September, again appeared. me Increase ' ' eompmaUvely small only 154.000.000 , francs but it is none the less significant. -Sterling exchange held steady and there m i further advance in Italian lire, which taking ' the high of the day showed a rise frnni S.84 to 4.27 cents within a week. largely tbis-s recovery h t measure of hope Uiat the .new political regime with it poll , : rim of work and economy will bring about im - - provement in Italy's economic and financial - situatioB. As a rule the high prices of the ' day in the stock market were reached in the early afternoon. In the last boor trading " - ; auieted down, and wttile there was a moderate reaction tha greater part of the list there -wa no dianositioa to renew the aggressive : .. snort selling and offering down of prices j - tnat bad gone on during the first half of the week. - ; -v- " i. ' a Curb Trade Is , , Firmer; General ; Advances Follow ' Mnuiam P. MefTarTn New York, Ni. 2. A sharp reversal of ' tha price trend on tha curb exchange today ' - showed that the selling which had been in - nmereea for soma time has been -considerably . overdone. : The largest advances were made In- the bigb priced' Standard Oil bsnev. which f bad fared the worst in the recent downward movement. Standard Oil of Indiana, which was heavilv sold during the past 10 days, ! onened noint higher today and later in- l Vcrtaeed litis gain jghen traders who were short bf this stock triad to even up account. Gains of from- $ to 10 points were numer ous in the high priced Standard Oils. Vacuum Oil, Standard of New York, the Kentucky : snares ana imperial uu m Mmat were amviis - those to advance substantially while a more orderly advance . took place in International ttrotetnn, Magneha Petroleum, Prairie Pipe . line and Prairie Oil & Gas. ? Tha Independeit Oil-group moved tn sym . pathy with Standard Oils. Gulf Oil of Penn ; ayrvaaia was an ' active Jeader,. gaining over : 1 3 ia points on a large turnover. Simma Petro--fcam" got. well abova 11 before the advance ' i ' ' was ebecked. - ' . i Motor shates were slow to follow the lead ' of the oils, - bat to the afternoon short eov ; Bering' brought about higher prices for Iursnt J .common and -Stutr Motor. Hayes Wheel also ' resumed it upward .movement that had been ; , checked when tlie recent selling became gen ., eral. s. ' Other industrials were for the mcwt part .higher. Knupenh rimer preferred and Macj . common both gained. National 'fin again led the upturn to the mining group. ; try Qeurea T. Hugnaa. ' , Wan St.. New York. Nov. 2 Higher prices - were tha rule ttuoaghoat the bond market today, the faatora being the f or aun list. The iaapeoveraerit covered a wide range. High grade investment rails advanced trader buying that was better than for aoine Dme past., Dasirabks blocks of bonds were raportea taxan ous ox I us searaei, aii grade and penlatie issue also did mucft batter. Libartiea were activa ana nigner. au tha issues sharing is tha improvements. Both of French, bonda scored - goon . gams. notwithstanding the fact that Franc exchange was weaker thaa yeeterday. If the French issues hold, their gains tomorrow it would be evidence that ineestment sentiment has be come decidedly more favorable. I'P to the present market price of : - the bonds baa rouowed more or leas wa qwun iw exchanged 24 hoars later. Of course this ail a mater af raattment. rrencn uauea being payable to do: tars and their actual in vestment v value having nothing to do with foreign exchange quotations. Beth the Bel gian 7H and 8s made sharp gains. In fact the strength: here wa snore notable'' than in French hands. Among railroad bonds the St. Paul convertible 4 He were eonapicuousiy stroug. Reports of the neaviest car ioaa- ings in two years aounuess ne.pea au ue spaculattve rail issues. vpnuous wiai oi Paul would earn charges uus year were -freely expressed. There was no so much im provement In sine Donas wmcn use waae of the St. Paul hve been so weak of lsU. TTOs prior lien 4a and tha general 4s gained fractionally. St. Louis Ban Fraadsco ad- l -b.-- . - xauAasnu volUawl finm wammr vlAU30egV mul ! IsWIMMw- a,v-. er day's low prices. ; Chesapeake at Ohio cod v. At gold higher. Atchison genarai . 4s sold skbove 88. Union Pacific first -as aavsscea more: than a point ana aonwra rwuc o gained about naif a poieaW- Great Northern 7s gad a (O. b were in demand. Both tha Chile COD Per issues sold higher in response to tha mora favorable feeling as to the outlook for the copper industry. Cerro Je Pasco 8s were up a point The Wilson Jt Co.. 7s advanced, showing that- senti ment toward packing secunues is unprov- ing. New York. Nov. 2. Following is an of ficial list of bonds traded in on tha pew NEW YORK BOND TRANSACTIONS j ' Beported by Tha Journal' WsB Street Boreas' gateat In 11000 High. lm. Clone. York Stock Exchange today with prices up to and including the close of the market. Total sales today were $14,434,000. against (15.- 478,000 yesterday, 14,017,ovu a wees ago. (18,300.000 a year ago ana n,(5o,uuu two years ago. From January l to oat ,mi.h," against (2,878.719.000 a year ago. and $3,154,361,000 two years ago. . LIBERTY BONDS Sales.! IN (1000 High. T Low. Close. SOlSjLiberty 3 fee do til reg. . . do 1st ... do 2d 4 s do 2d 4 Ha reg. do 3d 4 ar do 3d 4 Hs reg. do 4th 4 -as. . . . Sli do 4th 4 V4 reg. 149!Victory 4s '23. 28! do 4 s reg '23. ISOi do 4 s '22 . . . 61 do 4 s reg '22. 752iU 5 of A 4 Hs UOO64il0052i0058 20 135 1 10 806 1 1727 10 'Argentine 3s 38 do 7s 11 2, Belgium 7 Vis 671 do 6s 5 Bergen 8s .. 14'Brrne 8s . . . 44iBoUvia 8i .. . 4 3 Bordeaux 6s . 46jBrail 8s FOREIGN BONUS 28 17 92 13 81 Braxil 7 H rets. , do large ...... Chile 8s 26 do 8s '41..... do 8s cfs 10O4010O3tf 9880 0856 9828 9900 9862! 9886 10044 10012 1000S 9996 9990 9838 9826 9828 9870 9862 9856' 9856 10036, 9996, 10036 9870 9860 9828 9882 9862 9886 9870 10036 10000 1 (Chinese Or Ry 5 8 hChristiania 8s .. 1 Copenhagen 5 Va 2 Cuba Ss 04. . . 12iCzechoslv 8s . cfs) 8 Oanuh afuaf 8s A 5, do Ss B 1 1 Denmark 8a . . . . 63! do cfs 6s ! 13iDent Seine 7s tc SiDom Rep 5 Hi cfs 25 Dom Can 5 Hi nt 58 do 6s '62 .... 12 do Bs '26 1 do Bs '81 .... 102 DutchEt ro 6s '47 189 do rets 6s '62.. 181 French. 7 Hi 81 do 8 1 9 Haiti 6s . . 2jJsp 1st 4 H 141 do 2d 4 Hs 44 do starl loan 4s lOyons 6s t) Marseilles 6s 10 Mexico 5s 9 do 4i 10 Montevideo 7s . . 260 Neth rets 6s. ... 29 Norway 8s 25 do 6s. 1 Potato Alegre 8. . IT Prague 7 Ha etfs 9 1 Queensland 7s . . . ' 16 do 6s ctfs lOSRio Gr de S s. . lliBio da. J 8a 16 do 8s ctfs .. . . 12 Sao Panlo City 8sl 71 do state 8a 29 Soissnns 6s 20 1 3 45 46 9 Sweden 6s . . Swiss 8s . ... . Tokio Ss . . . U King 3Hs do 6 Hs '37 Uruguay 8s . . '29 3; Zurich 8s 2 100 103 07 109 108 H 95 H 79 lOO 88 Hi 87 H 102 H 103 103 62 H 108H vv 964 92 H 108 108 108 H 99 H 86 H 87H 100 98 H 99 99 94 94 H 95H 99 H 78H 93 H 92 80 79 79 50 87 90 H 95 V 110H 10O 99 754 107 H 102 99 97 H 98 98 H 8H 77 103 116H 684 108 i 102 H 103 4 1094 100U4 110004 9986) 9996 99761 9986 81 I 81 100HI100H 101 (102H 109 108 94 78 H 99 H 87 87 H 101 102 102 62 H 108 90 96 H 91 4 108 108 108 H 99 86 87 H 100H 98 99 99 93 94 4H 98 H 76H 93 92 H 79 H 784 78H 50 37 90 H 94 110 10O 9 75 107 101 98 H 97 97 98 08 16 1$3 116H 69 lOS 102 103 109 96 109 108 H 94 H 78 H 100 88 . 87 H' 101 102 H 103 52 108 ' 90 96 92 108 108 108 H 99 86H 87 H 100 98 99 09 94 94 95 99 76 H 93 92 H 79H 78 78 H 50 37 00 H 95 110H 10O 99 75 107 101 H 98 H 97 H 98 98 H 99 76 103 118 H 69 108 102 103 109 '::.-.:? Foretgro Exchange Market A- "New York. Nov.. t. (L X. 8.) Demsnd . - sterling. 84.45; Franca cables, 6.95 H ; liecka. 6.95: Lire cables. (4.25;. checks. 4.84 H ; Belgian cables. 6.46; checks. 6.45 H; asarka, .0001 15-16, new low record; Guilder ' . eablea. 8S.14; checks. S9.ll; Sweden kronen " cables. 26.86; checks. 26.82. new high;. Nor--way cables, 18.28; checks. 18.24; Denmark - cables, 20.16; checks. 20.12. 4 MlkgeanoUs-DBlgtl) Flax Minneapolis, - Not. 2. Flax November. 2.60; December, (2.44 H: May. (2.88; track. (2.52 2.55; arrive-. (2.52. Dulnth. Minn.. Nov. 3. Flax November. - (2 53 H ; December, (2.42 ; alar. $2.37 track. (2.55 ; arrive. 82.55. NEW YORK CITY BONDS 4 NYC 4HUay '571104 104 1104 l( do4Hs'60 . .100 100 H 100 MlSCELLANEOt'S AND - INDCSTK1AL BONDS 6! Ad Exp col tr 4s. 17 68 A A Cham 71. Am Smelt 1st 5s lBIAm Bug 6s 4 A T A T cvt 6s 154i do col tr Ss. 9 do cvt 4 a. . 32 do col 4s. . . . 18 A W Wks 6s. 2 Am W P 6s. 32 A J U M cv 6s rts! lSIAnnour 4 H. . . 4Atl Fruit cvt 7s. 17 Atl Bef deb 5s. 24!BeU of Pa 7s. . T.Barosdall 8s A. 2: do 8s B 7iBeth St lext 5s 8 do ref 5s 5 do P M 5s... 7 do 6s 1 Braden Co 6 . . . 10 Brier H St 5 s. . 8!Bkm Ed 7s D. . . 7! do 6s '40. . i . 2jBktn U Gas evt 71 SlCana Gen- El 6s. . lfCent Diet Tel 5s. ,. S4fCer Da Pas evt 8sl 45 Chile Cop cvt 7s. 84 do. col tr 6s. . . . 13 Cin O a I Ss. 4 Colo Indust 5s . . StCol G K 5s at 15KmVealth P 6s. 5 Con Coal Md 5s. SiCuba C Bog evt! f dab 7s . . . II do 8s sta. . . BiCub Am 8ug 8s. on -no r at r os.. 4! Denver Gas 5s. 22Dery 7s ...... 80 80 80 103 102 103 H 93 92 93 102 102 102 116 116 116 98 97 98 102 102 102 911 90 90 84 83 84 84 84 84 77 77 77 90 90 90 85 85 35 9S 97 98 108 198 108 105 105 10SH 108 105 105 99 99 09 95 95 95 93 93 93 99 99 99 98 98 98 100 (100 100 108 108 108 95 95 95 114 114 114 102 102 102 100 100 100 ( 119 118 119 107 106 107 v 94 83 94 3 99 , 98 99 78 78 78 84 94 4 9 89 90 90 90 90 85 85 85 8SHH88 88 1671107 107 92 92 92 88 88 88 99 99 99 15iDet Ed rfs 6s 2jDet Ki Tun 4 s. 2 Dia Match db7s llDon SU ref 7s.. . ia tmpont.4 T H ) IgiDoqueme LAP ,10S . 4f do '7.,: . a.i-. 190?. 2iS Cub Sag 7 s. 100 48 KroGAF ev7 Hsctf 94 15 i rsm ID deb 7 a 89 SiGon El deb a. 105 8, do deb 6s. . .... 99 3 6 Gen Refras 6s cfs 97 15)Goodrich 1st sl01 75fGoodyear T 8a '41 116 4i do 8s 81..... 98 12Gray-DaTis cvt 7s 9T 4 Hemhey Cnoe 6. 98 . 1 O Holiand AL 6e reta, 86 -2!HusbOAB. db 5s 98 1 lnd Steel 6a (1004 15jlnt AgT 6s 78 2 Int Cement 8s 108 21ilnU Paper 8sB. 87 2H In. Mr Ma S F 6a 90 2ilnve Oi 8a fllO 3; Kin A Co cvt 7 s 101 4Lack Steel 5s . . 99 1 Mdo 5 91 2 Lorilkard 5s 98 7Msg Cp en 7s '32 112 19Mn S db 7s cf 97 Port, of Astoria 6 Gold Bonds . Dieted Due Jaa. 1. 1921. Jan. 1. 192. Denomlaatla (1M The Port of Astoria contains within its boun daries all of Clatsop County, with an assessed value of over $40,000,000 and a population of more than 23,000. , , , . ; These bonds are a general obligation of the Port and are payable from ad Valorem taxes levied against all assessable jproperty in the district. : 'r-'Price 102.16, Yielding ;--.:' ' V: .v ; --5.25 n:,:, i Federal' Income Tax Exempt Schneeloch Company MUNICIPAL Second Floor CORPORATION 3 LumbermensBldg. 31 B Maiiand Ov8s 47 do 7s ctfs 8Hez Pet 6s . 5iM.ch 8t Tel 6s S'Mont Pw 1st Bsl 97. 15Morris & Co 41 SET T 1st CaA 8 NTEd Co ref 6 s 4,S x G El H as PI perm 4s . . N ? G E L Sl P 5s N Y T deb 6s. do gen 4 . do ref 6s 7 21 IS 13 N Am Ed 6s rets; 93 102 88 106 J 10S 102 105 90 98 109 iei 88H 106 98 . 108 102 106 lOO 83 89 15 i 99 87 190 115 98 97 98 85 97 H 100 78 108 87 89 HO 10 99 90 98 113 87 102 i 104 i07 i 99 83 89 7 109 82 ; 83 98 104 94 IfH 1 Nor O I s I. 6si 94 V l(N"or S P 1st 6s.. 92 SiJfor leU Tel 7s.. 107 3; Otis Steal 8s . 10O 15) do 7s '45... 94 HIP G V K 5. . . 92 6jp T sV T ref 5a.. 91 llPkrd Mot 8s. . . . 107 JiPAPilli... 102 21P & C C 6s. . 91 6Phil Co ref 6s. . . 99 1 ; Pierce Oil 8s... 96 ljp A S cvt deb 7,104v 9Prod A Rat 8s. . .1120 3 Rn A 1st 6s A. cfs) 95 liR Brown ; 7s 28aks A Co 7. 2 7 (Sine C OU 5s. 31) do 7s rets ... 26iSinc P L 6s cfr. 2 (Sham bt Hoop 8s 23,8 P R Sug 7s- '41 17jS BeUTAT 6 '41 3&and MUlc 5s. ISIS O Cal deb 7s. liStlAT Co of A 7s SjTdwtr O Co 6s 6Tol Ed 1st 7a 3iL'n B tc P 6s cfsj 3;Un Tank C 7a. 9L'o Drug 8s 2jt"n F Gas 6s. . . UjU S RIAImp 5s. 4iU S Rub 7s.. 8 do 7s 10 do 5s 51 do 5s cfs ..... 17.1'S Smlt HAM 6s 85 12 2 2 13 26 6 6 8 10 12 35 US SU s f 5s. . I'tah I'wr tc L 5s Va-Car Chra 6a do 6s do :7s Warnr Sug Rf 7s W U col 5s W TJ 6Hs . West'gbse El 7s. Wick Spn SU 7s Wilson 1st 6s. . . do cvt 6s 95 100 98 100 92 99 100 95 97 4 105 103 102 106 - 98 104 112 96 98 104 94 104 82 94 92 107 1.00 94 89 91 107 102 90 ,90 96 1104 120 94 95 100 98 100 92 99 99 i 95 97 105 103 102 roe 98 108 112 96 98 i 88 do 7 s 108 102 ' 88 101 102 90 100 100 07 104 - 95 109 107 97 100 96 . .1106 107 102 88 88 100 102 90 100 100 96 103 95 109 107 97 99 95 105 101 88 Vm 106 93 H 108 10S 106 100 4 89 165 99 97 101 116 88 97 98- 86 97 100 78 108 87 90 no 101 99 90 98 112 97 102 104 107 99 96 90 93 109 82 98 104 94 104 93 94 92 107 100 94 92 f 91 107 102 90 99 r 96 H 104 120 95 95 100 98 100 92 99 100" 95 97 103 ' 103 102 106 98 104 112 96 98 107 102 88 88 101 102 90 100 100 96 103 95 109 107 97 190 96 105 RAILROAD BONDS 6 12 Si 10 25 57 13 43 8 1 8 10 v8 5 6 55 4i 38 17 15 66 11 3 55 13 59 25 18 26 2 17 1 10 26 10 8 64 25 4 "22 6 2 2 27 72 5 1 3 4 4 2 13 13 8 2 ' 6 11 47IA T4SF gen 4sj 881 88 10 do cvt 4s 81 81 lj do adj 4s . 81 81 do stamp ts. ... Hi I HI A A C A L 5 B. 98 98 ACL 1st con 4s 88 I 87 do LAN col to 4si 81 80 B A O 6s 101 100 do ref 5a . . 85 85 do cvt 4 Hs . . . 82 8f do gold 4s 83 82 do pr lien 8Hs. 94 94 do 4aPLEAWVdv 79 79 do 4 TAC dir. . 67 67 Bwy 7thAv con Ss 73 78 J RUr, n t Ka 1 ao a. I no sT3 B R T 7s. 92 92 do 7s tr eo cfs . 91 91 B V E 1st 5s ... 84 84 BRAPo4s 93 92 2; Bush Terra c 6s. 88 88 40;Can Nor 7 1112111 do deb 6s Ill 110 Can Psc 4s perp.l 80 79 C CI A O 5s '381 91 91 R.of BrasU 7. 86 85 C of Ga Ky 6s. ..ilOOH lOO 4 do eon 5s 97 96 C P 1st ref 4s . I . 87 87 C R R B e G 5s. ) 93 ! 93 H O A O con 6s '39 10-1 H l01 H G A O evt 5. . . 93 93 do gent 4Hs .. 86 85 do cvt 4 Hs ... 88 88 do Coal lit 4s.. I 84 I 84 C ft A rf Si... 51 52 do 3s 80 30 C B A Q gen 4s. 88 i 88 C B Q ref 5s. . , 1100 100 do 3 111 div . do 4s III div . . C A E I 5s . . . . C Gt W 4s O IndALv 1st 6s CMAStP evt 4s do rf g 4 H A do cvt 5sB do it do deb 4s CMPugS Is 4s. C J W IKi CRIAP gen 4s. . do rig 4s . . . . Chi U- S 6s . iCbl A W I 7 s Oeve Un X 5 s Colo tc Son 1st 4s do rig 4Hs. . Cuban R B 5s. Dela A Hgd evt 51 98 do s D A R O do ref 5s. do eon 4s (Detroit V Ry 4id 2)Dnl A Iron ilg 5si l.Ene 1st con 7s ex 56 do gen lien 4s 6 do pr lien 4s. 28 do cvt 4s A. . 18 do cvt 4a B. . 8 do cvt 4s D. . 121 do Q Riv 6s. 8; Erie A Jersey 81 i 89 82 50 98 70 65 75 82 62 70 110 8S . S3 IIS 102 103 92 88 83 98 ltto imp 5s 82 5H 76 85 H 10O 104 49 62 47 .45 49 92 95, 90 111 103 111 6! Pis E Coast 4a 4 Gd Trk of Can 7s 20) do 6s 84 (Gt Nr 7s 10 do 4 Hs SS do 5Hs 19)H A St ad inc 5s 1 Ul Cent rfg 4 a. II do rig 4s 4 do 4s '52... III do 4s 97 1 M ctfs 4Hs sU 46 do 4 a tr co cfs 239 I R T cvt 7s w 1 2i do ref Ss 77 do 6s w 1 . . . ! S6 I G N adi 6s w i 2:l3wa Cent ref 4s. ! 6,K O F S A M 4s 3,K C Sou 6s. Ill do 1st 3s. . . 11 K O Term 1st 4s) 11!L 3 A M S 3sj 6 do deb 4s 1 LV of P con 4 Hs. 6 do gtn 4 3 2 (Lehigh V 6s .. S L A X gold 6s . 27iL A N mi -4a . . I2!L A N 4s at K A I O div 1! do 3 St L divi 2 i Loan ft N W 5 90 161 80 100 I 88 84 t 81 13 , 13 98 77 80 52 3S 79 91 6 S3 77 92 90 81 103 lOl 90 6: 76? 81 80 81 50 98 69 64 74 82 61 69 110 81 83 112 102 103 92 87 84 97 ioe 82 50 76 85 H 100 104 49 81 47 45 48 92 94 87 111 102 11104 90 1100 60 100 86 84 81 12 12 98 77 80 62 33 79 H 91 69 88 81 81 81 98 68 81. 100 86 82 82 94 79 67 73 .62 92 91 84 92 Js8 112 111 80 1 S5 00 97 87 93 101 96 H 86 88 84 53 30 68 100 "4 81 89 H-2 50 98 70 64 75 82 62 70 110 82 83 112 102 L103 2 88 84 98 100 82 60 76 85 100 104 49 62 47 45 49 92 95 90 111 103 1J0 90 101 60 100 88 84 81 IS 12 98 77 80 62 38 79 91 69 82 83 44 4 6; 91 M El R;ALT4 l 88 do ref 7a HKAT 1st 4s cfs. do 4 B wi . . . . Ho 5s A vri . . 1461 do adj 5a A wt. S9 do 6a C vri 3L Pao 6s ,.. 41! do gen 4s. . 1 I 'M ft O StL d5'27j 83 8 70; 84 1 97 low 641 4. 77 92 90 81 loa 101 83 83 62 75 86 81 78 69 83 60 96 WW 82 V 1S! do StL as C4s-31fl0 JlOS 18!N Mes 4'57 S3h2 J104N C det s. . .(10 16S 701SI CmtrgU4 ii Bim on 88 87 119 118 108 108 87 I 864 ii: . 87 i 87 f SI 81 7e 21iN rUcUXh. 80 SWB & cea 4s 6 8 do evt s '29 . . . i SI Nor PSe 6a S do p to 4.. 31 do ren - - . i Sfl fl L Ac N eon 4s. lKiOra S L War 4s.. 1 92 ; fl M.W R N 4 182 " 72 Paris LilK 6 E.l 1J u n e . . . 231 do goid 6s. . . 72! da g m 4 Hs.. .' SOiSL A BF 1 1 4s A ; 13i da Ss B ..... . 54 do adj 6s... ... - 77; do inc 6-.... lSSjSo Pae-aet-; 4.:i ' -." Oi dot rf 4s . f IP DEMAND BETTER GRADE CLOTHES By 4. O. Boyle (CopTTigbt. 1922. br The Journal) New Tor. Nov. 2. Those who have not yet ' purchased their winter suits and overcoat -rTitlv Tfkelv tn ns aanre fesr theca than Lhev nave can n tea npon. The reason for this does not lie pri marily is advances in aha nrica of overcoaX- inas and surtinaa. bnt in tb general public desire for good of bea ter Quality and higher price. That desire 1 not yet become universal- ' These is ss will continue to be an ample supply of - me dium priced sens wearing apparel. But the indications of the . -.. , r cnanav aT " rWV f. parent when ceporta 3 retailers reeeirad by e M.I. Lnffraj3M Wltnm - ana last 12 hours from all over the United State are reviewed. ... . Fall Waathar Mostlr m4 Tha weather thl fall bas een eertremely mud. In tha central sections of the country where winter buyin ha not reaehed Its full volume for this reason the mosi popular ita range in price from 27.0 to S35. Over coats ranging from about 32.5ft to $40 are most in demand. This is the ease m Troy. N T- Altoona. Pa.; Chicago, Kansas City and Salt Lake City, for example- Dulnth j however. : which - is from two weeks to a month ahead -ot the central sections of the country climatically, report tbjt the greatest call is for suits ranging wk 45 to 50 and for overcoats priced from 50 to 335 Similar trends are reported from Grand Rapids, Mich.; Minneapolis. Springfield. Mass., snd other northern cities.' although the general range of prices in those cities have not reached quite such high marks with, the public 3 There to every indication that similar changes in demand will spread throughout the entire country wren the possible exception of the grain-raising communities. South Demands Better Quality i. t... .IiuAt reached tha South, where Atlanta and New Orleans reported today that higher priced goads were in lmusual d"ran1 lt is becoming more and more apparent tnat Quality, fit, style and service are greater coo lum. " . . T. s. .1 The reason la not ir k aewa. in the toiiowing saferwmsuv T ir: newspapers in various secuou "w wantea ou DrjEiji, hour; three years' work; fare returnea aiwr ou tsncKUyers waniea, ii , Wanted Bricklayers. 81! a day; also laborers. 37 a day. 'Wanted Bricklayers. u a wee ui- anteed; beard and transportation. High Wages Becoming Universal The high wages paid are not confined ' to w;Ai,i.v..n Th.v an. rkeeomin univeTBai in scores of lines both for trained and untrained men. Workers teel sure oi men i"u."u gauging their expenditures accordingly. Those who live on their investments, have more to spend also, for dividend rsteslhava been n- reaseo Dy score oi corporation. Unvini of ilniM haa been liberal throughout the country and manufacturers are hard put to secure worker to keep production at the re quired pitch. The Endicoct-Johnson corpora tion las week booked orders for 1.400,000 pairs of shoes, the biggest wees s Dusiuess i history. Endicott-Jolmaon prouueuon wui sum be furtner lncreaseo. Wearing apparel Demand Inoraasad Shirts, collar, ue. underwear and hosiery are in excellent uemana witn an iucrcui call for the more expensive grades. Makers of men's and women's garments in Philadelphia are working at, from 75 to 100 per cent oi capacity. The New lor department stores averageu n ini-reajua in aales of nearly 20 per cent in October over the corresponding period of 1921 and the Chnatmaa trad na not yt negun w make itself telt. TEXTILES PhilarUrnhia Nor. 2. Textile manufactur ers are operating actively today but the cost of labor and of raw materials are advancing. Carpet mills have more orders on their books than Uley can mi. DHVGOODS St. Paul. Nov. 2. -MerchanU of the Twin Cities today attributed the marked improve ment ia retail trade to the seasonal weather, lumand for wearing apparel and house furnish- nir hail Iwn wKliefriallv ffood. Pittsburg. Nut. 2. Retail trade in fall and winter goods has been curtailed by the ..arm weather but merchant asserted today thai the bouses' ha been merely postponed. FOOD PRODUCTS Chicago, Nov. 2. Packing house products . in rnnrf iflnnli trwia V snd tiricca an soft. reflecting the condition in both the hog and cattle market, butter, however, ha advanced slightly and fresh eggs have followed suit. Twenty-one million pounds of lard have been bought for export within the .last weec. WOOL Del Rio Texas, Nov. 2. Mohair sale in Southwest Texas have set new price records in the Jxst week. 101 100 110 91 T2 87 7M 92 Mv 109 91 tl 86 78 4 91 J7- 77 92 90 81 102 4 191 90 86 62 7 88 81 78 70 84 61 7 99 64 83 io 92. 10 87 7 i 88 118 104 61 87 92 S3 78 191 11V 91 72 87 7S 65 92 S3 WALL STREET STOCK QUOTATIONS , . 1 -!.- ; Raported y Ovarbac Cooaw Cs.; ;'rt Sales- STOCKS I"iv Ifw- I k V -Iv 3- ; 8 -IS SI es .', 76 44 is 6! 73 1.,. ilO NEW INCORPbRATIONS Salem. Or.. Nov. 2, The Shorey Light A Power .-company of Reedspoit, capitalized at 50,000. filed articles of incorporation with the state corporation department here Wednes day. The incorporators are r. J. Shorey, A. F. Flegei and Newton C. Bmith. Other corporations filing articles Wedne day were: " Dangles Fir Products company. New Era. Clackamas county, $10,000. Ray C. New bury. Jennie Dustin and John P. Hannon. Spokesman Publishing company, Redmond, Deschutes county. 810,000, W. B. Russell. N. A. Burdick and J aba w. Allen. Western Chocolate company, Portland, 350, 000. J. H. Smith. Kenneth T. AJlard and C. L. Morse. The Roberts Towmg company, Portland, 315.000. Arthur D. yKern. Glen E. Kibbe, John Manning. ' Vincent-Troxell Lumber company. Eagle Creek, Clackamas county. 8500O, J. G. Vin cent. E. I. Troxell and A. C Troxell. Resolutions of dissolution were filed by tha Wells-Fargo building company and the Palm Drue company, both of Portland. Olympia,' Not. 2. The following articles of incorporation nave Keen rued with (Secretary of State J. urant HinKie: North Portland Lumber company of Seat tle Capital stock. 3750,000, L. W. David. I. D Hull and J. E. David. Burr Fisher Corporation of Seattle Capita stock, 300,0OO, to acquire, own. sell, lea eenvey and mortgage real estate, real proper ties, mines and mining claims and mineral locations, mineral oil wells and plants, natural as plants and. lines; also to plat an4 subdi vide land into lots and blocks and to dedicate are to, alleys and other lands to - the public for public purposes; to sell or mortgage docks, wharves, warehouses thereon, common carrier terminals, scows, lighters, to lease and mortgage ship, etc., to acquire own. construct, operate and mortgage teiepoone. tetegrapn, electric lighting and electne power lines and plants, and to own. operate, construct mortgage and convey tramways, electric street railways and electric interarban railways and any and all other kind ' of railways or tramways whether operated by Steam, gaa or ether means sa a motor powerif to engage in and carry on any and all k:nd of mercantile trades and busi ness and to engage ia merchandising and mann- fscturmg. Conover. inc. of latins Capital stock. 81000, Daniel S. Conover. J. W. Skillen and I jllian D. Conover. to carry oa a general trad ing business in all its branches, ta deal in all kinds of fruits and farm product and au classes and kinds of merchandise, commodities and personal property and to carry on a gen era! fruit and produce commission tmanesa. A. L. Johnston. Inc of Olympia Capital stork. 35000. A. L. Johnston and Dorothy ltcKeexie, to do a genarai contracting busi ness m tha building of bridges and roads and buildings. Clay Product Deli very of Seattle Increas ing capital stock iron 85000 to IIO.OOO. Be?l . Ever Company Number - Three .of Se attle Capital .stock. 821,000; changing aaaa tn ssc&ruiur vjuo. v--k; ..... . - . 700Adam Express... i 791 79 100Advaaee :. . . . i -do pfd. l, 400(Agr. Cm. . T !JMIiA MM " MUj Ajx ttubbar. i SOOjAlaak Gold . - .LaJaaka" Janaa 9800iAiiid Cbem. .. ...f 78 IbOtliAlim-tJnaunara .,.! - SUOtAm Beat Sugar i.-l f-TOOtAm- Boacn.. ,.i 4M 99 304tlO(Am Can Co.. . . .l BUM do nfa. - ..... i . fl : 800)Am Car A JTdy.J.tlSS 118Siltf ; ltKij do pfd ..... -il34 U2 ;110OiAm Cot Oil . .j.i- .... loot do ptd i.j.....J ... - . .iAsa Drug 8ynd. . . . . 1 i i . . . lAm Hide A Lexn 11 23t)0j do pfd 11 2700;Am lea ...... i.jilS 7t0iAm InU Corp . .;. SI ' dOOiAm Linseed .". . ... j SS 300i da ptd . . . .i-i HWOOjAra laoco ...... j!28 SOO) do Ptd IBOOiAm Safety Rasor. iv . . . . 3700;Am 8inp and Com I 22 3200Am Bmeiler . 66 200f rto ptd lOOOtAnstin Nichols... i 82 16600tAm Steel Fay . . I 4 6 VUUIAai Esugar. ....vi-ia i 20Oj -do Ptd. . ..... U lSOOiAm Sumatra . . 34 1900 Am, TAT .;!l24 100 Ara Tobacco ...Jl 66 L 50O1 do "B" . .1154 6200 Am W ool . ,41 i- 7001 do pfd . . U !0 vOO'Am W p.pfd 1 81 10(1 tip Zinc 18 4400iAnaconda -I r48 20O Asd Oil .'. -1117 2000, Atchison -103 300 50O ISOOjAti G 24500 8O0j do pfd do pfd AU Ct Line. Baldwin W I Loco. . . 6SOOB A O .... 400! do pfd . . . . . 4100Bams Corp " 500 do "B" 12000 Both Steel "B' Booth Fish 1000 R T ... . . . Butte Uz . . i . . . . . !Butte A Sup . . . 31 200, Bums Bros "A . .(J131 31 42 73 . . . .1106 32 123 154 153 . 98 110 28 17 47 116 102 118 24 132 118 50 62 28 . . t. 17 3001 uo "B" 400 10 2900 300 2700 2300 1800 1200 2600 2000 1600 200 11200 ?500 2400 Caddo t Oil Cal Packing . . Cal Pet ...... do pfd Cllhn Z A L. . Can Pae Cent Leather . Ct-rro de Pasco. . Chandler Motor. . Chi A N W ... Chi Gt W do pfd . Cbii Cop SSOOfChino C M StP do pfd 4000jCoco Cola C A O. SOOOfCelo F A I. . 200tCok South I8OOIC0I Gas A Elec.. BOO (Columbia Graph . 28400Cen Gaa ISOOICons Cigars do pfd ........ .'SOOiCons Textile HOOIContl Can . . . . I5500tCorn Prod . .... I do pfd 9900Cosden Oil 65000 B I A P 400 do A pfd ' 700) do B pfd 9O00Crucible ....... 1001 do pfd 1700Cuba Cane 1200 do pf 14 00 (Cuban Am Sugar 230Davison Chem . 600Del A Hudson.. 900Del A Lack SOOOiDome Mines . . . 8300Elec Star Bat 47 "9 83 53 fl44 89 36' -62 89 5 13 23 29 43 78 75 30 08 3 138 .38 96 129 "48 40 97 90 8500 1500 4800 38001 200 100! 200 300 400 145O0 200 10400 1400 4500 1900 4600 Endicott Johnson Erie de 1st pfd Famous Players . Fed MgA Smelt) do pfd .... Fisk Tire . . . Gen Cigar . Gen Elec . . . Gen Motor . . Gen Mot 6 Gen Asphalt . Gliddin Paint Goodrich T A Granby Great or ore do pfd .... Gulf S Steel. k. . . 12 36 21 84 ISO 135 44 56 87 14 21 95 10 is 48 81 a ' -1? - 1 77 44 tali. rl 75 f SaVea-t ' STOCK 8 j 200jS O Cal .....TT a a bl O lllrst a - 14000jS O N i ,-SOOlSt L A S S .i.l . .-. . . jSUomberg Carb, . , 80O00;8ajde baker ..... . .... ISwift A Co ; loo j enn (jop- Chm. 1219 109 I 900O 1000 S60 S70O Texaa Oil ...... Texas Pae ', 1. i do G A 0i. 12 1U8 SO SS 124 . 121 . . . . 21 55 117 ' 24 129 117 49 61 81 21 68 io so ISO 47 9 88 62 "s 144 38 36 61 88 3 12 23 28 44 77 74 29 124 28 47 6 12 79 112 31 35 6l 128 119 7 22 66 101 SI 44 76 32 124 135 153 98 109 80 J7 48 117 10S 92 118 23 T82 1118 bO 62 82 21 69 7 16 :. 7 . 31 129 4.7 , 1 83 S3 91 h 8 144 38 36 62 88 8 12 f 24 26 29 44 77 74 29 47 1061107 S 6 001 Houston Oil 200I 200 1700 100 ' 'eoo 600 ; io4 700 10700 ; 1000 , 2200 4001 ; 7100 .; 2706! ; 3001 '800 1 300! 13 00 1 : 2200 . 6000 400 1800! : 100 ; 180O io6 200 2000 18200 10O 600 12500 11500 'iioo 1370O 104 0O 600 800 200 8000 790 : 4000 Hupp Motor 111 Cent Inspiration Int Agr Corp c . . do pfd ....... Interboro ...... do pfd Int Hsrv . . Int Merc Marine. do pfd Int Nickel Int Paper , Int Comb Eng . . Invincible Oil Island Oil , . Jewel Tea ....... K C Southern . . do pfd Kayser J Kelly-Spcfld Eennecott Keystone Tire . . . Lack Steel . . . . Lee Tire Lehigh Valley . . . Lorillard Loew Theatres . . , LAN Lima Loco Mar land Oil Maxwell Mot "A" do "B" May Stores Max Pet Mex Seaboard . v Miami . . 1 . . . . Middle States Ofl Midvale Steel . . M K A T wi Mack Truck Mont Power ... Mont Ward Mo Pao do pfd 100TM St P A 8 8 Ml 8O0 Nat Biscuit . . 6100 Nat Enamel . . 6200 Nat Lead .... SOOlNevada Con . . 4 900 New Haven . . riSOO Norfolk A West 2600 Nor Ansericaa . 82001Nor Pae. . -i. Neva Scotia Steel. 1 SOON T Air Brake 9S0O N T Central . 1700OUa Prod ref . 500 Orphenm .... , SOOIOnUrio AW.. - 400!Otis Steel .... I s4W Pacific Dev . . 2700 Psc Gas A .Elec 2 1900 .'Pacific Oil . . . I0O0jPan Am Pat.. 2800 do B ....... 3500'Penna lOOOjPenna Sea Stael , . . . . iPeo Gas ..... 2400 Per. 600 1S00 ? Philsdelphia Co . . pnunp reta Money s4 ExchaBf Sew Tort. Nov. 2. (L !f. 8.1 Call money on the floor of th New York Stock Exchange tonay ruSKt at o par cent; nigh.- per cent; mw, per cssl Time money wa steady. Rates we we 40 5 per cent. ,1 Tha market for prime mercantile paper was steady. . Call money in London today, wag 1 1 cent- Sterling exchang was strong,- witlx buetnest m bankers Ml hi at 446 for demand. ' Sales.! IX 1000 1 High, j Law. Qoae. 13 3d Av adj , S;ls Pae 6s . 641 do 1st 4 .. 331 do cvt 4s. .. , fTs Bf. 6s . . 58HI 58i 68 108103fl68 Zt 1I 93 95 95 ( 98 1960iPierce Arrow . . . 1600 Pierce Oil ...... eoojpitts Coal 00!Pftta A W Ta. . 2001P Steel Car. 900 Punta Alegre ... iSlOOiPallman ,4100 Pare Ott 1600 Ray Cons 22200 Readin . llSOIRemington ...... 1560 Replogle Steel .. SOOO'Bep I AS , 200 do Jrfd ....... . . . . JRep Motors 7700 Royal Datclt Oil 2O0 !Ry Stael fipg 8 00 Saxon Motots . . i 81 0O j Sears Roebuck . . 1SOO Shatturk A Aria. eOOiSbell T AT... 1000Rinclair . . . . 100 81oas-8hef 1 S30tS Pae . "i. 'i l600iSo By wvw uu la ...... 3 IS 6 86 io 94 128 47 39 96 90 12 36 21 83 127 134 48 56 84 14 20 94 10 179 177 14 13 82 82 69 57 ' 25 ' 24 34 33 91 91 90 88 82 80 21 21 112 112 105 i05 '53 'si 15 14 58 57 2.1 24 15 15 19 'io 21 21 66 55 45 44 42 t 40 82 82 6 6 81 80 26 V 26 68 87 '19 187 185 60 60. 33 -82 "is "is 180 158 226 220 17 16 27 26 12 111 81 29 16 15 1 54 54 70 70 H ' ii" 'is 55 53 68 68 283 228 68 67 118 109 SO '29 120 119 '85 84 "34 'S3 98 97 2 2 22 22 28 23 10 9 2 2 80 78 ' 48 48 91 87 89 85 48 47 "85" 'i-i 41 40 46 45 H 12 11 5 S 89 68 87 S7 ,82 81 48 42 ISO 127 29 .28 i3 '82" 34 82 28 27 SO 48 '65 "S4 118 116 "87'vi "SS" 7 6 87 86 88 82 is "" 24 24 65 64 8 187 38 81 10 95 129 121 47 40 97 89 77 93 12 36 21 H S3 180 135 . 44 56 86 14 20 95 9 54 12 78 178 18 82 58 12 31 24 83 ei 80 82 20 .112 9 8 81 - 1 105 12 52 14 58 25 15 19 21 55 45 41 82 6 80 25 67 162 19 187 62 82 49 15 158 225 17 26 12 81 16 54 70 21 19 64 68 232 67 117 14 29 120 95 84 82 34 98 2 22 28 9 2 79 47 90 88 48 S 98 84 40 46 11 6 58 87 83 43 15-9 21 18 82 84 . 28 49 83 1 66 117 - 8 87 7 86 82 42 98 ' 24 68 lOOOOITran Coetl Ofl... Ovcrbcck & Cooke Co. 11 1 CHI t Traaa Biaaw Portland Wait Walls, STOCKS, BOaDS, GRAIN AK3 COHO IUCT r BIT AT VTI&E Iogan,& Bryan - - IOU 4J CHICAGO 400 20O0 6 OOo "soo 1000 200 200 9000 IOO Caioa. Bag A F.i Union Oil Del .. . Cm on pan . United Alloy .. United Drag 0Of United Food Prodi Cnitad Fruit United Kds of NJ do pfd . . . -. . Un Retail Store. V sr c I Pipe 1950OfU 8 Ind Alcohai. High. Lew. TliTi 214 26 S3 127 48 27 23 56 14 70 17 14S 154 25 83 70 63 86 89 1V61U4 121121 62 38 IS 1 29 93 16 4400 U 8 Rub 300 do 1st pfd 2001P " S Smelting .. SiaVUjU SUel llwOt do pfd . 1300(Uth tkxper.A.. 62 (Va Chens. 1. 2W do ptd .1 20OiVanadium Steel.. 89 lZOOrVivaudoa . . . IS 700 Wsbash 1 1200 do A pfd . . . . . - SO SOOf do, It pfd...... . 100OP Wells Fargo . . .. 94 o 1 Western Pao.... IT I SOOt do pfd ..Wi-. .. UOOfWeatera Inion . .1112 UOtHWeuinghonse A H 96 20O0, West ' boose-E A Ml SO 4 001 VI est Jla. I . 14 3(H)( White Eagle Oil . . . . . 3Ms 2O0. White Motors ...1 48 j 47 SOUOj While OU . . . ; . I 6 ; 6 T 5 B200WUlys-Uverland ! 6 ' 6 1SIH) do pfd k.l 41 89 46 SOOjWllsoa Packing. 4wi S9 40 . . . -i Wisconsin Gentxai) . . . . .... 28 400 Wooiworth . .... .1185 184 185 00-,Worth'ton Pump.i 83 82 22 SftOrW A L E ..... 10 Tptal sales stock. 986.000 sarea. Total sales bonds. 3I4,282,V40. 121 139 212 11 0S za 62 127 197 8 48 26 23 65 13 76 1T 145 88 78 6 155 18 23 83 26 69 .68 96 35 105 121 ea 26 65 88 IS 10 80 19 94 16 58 .112ilUtllZ 60 I tttt H 209 : - 26 62 126 1-8 47 26 22 -62 18 70 16 144 'ii" 6 151 "28 79 69 52 96 38 Bid. 76o; 100 Ho 1005 29190 210 800 1O0 275 20 600. 10 60 155 27100 900 225 7300 - 40 4100 (STANDARD .OIL ISSUES Anglo-Am OU. . , Atl Lobos . . . . . Gal Sig OU . . . . Ill P L ' . . . . i i Imp Oil of Can, Intt Pet Co Ltdj Magnolia Pet . . Nat Transit . N T Transit ... Obis Oil Prairie Oil A Gael Pean Mex Fuel Prairie P L . ; Solar Refin . . . Son Penn Oil . S O Ind ..... 8 O Ky new . . S O N T . . . i SON T new.. Vacuum Oil . . S O N J new. . 20 20 20 7 17 7 50 48 48 176 176 176 118 114 119 24 22 24 247 243 247 252 252 252 175 175 175 800 298 299 642 640 642 . 20 18 20 -278 278 278 399 390 390 188, 180 188 120 117 120 108 107 108 563. 550 563 48 46 48 650. 689! 650 42 42 42 000. A payment of 830.000 wag made fej a Bepcemeey. . fesday waa handled by at the bmnlina aompaniea fa September. ma w ednaaday waa . siew msidant of tha Fidehty Tb tramsM tioa ft-. K. -. Ptanr. wana IlKmt maiaiT at Marvaaad- and Harvey Wells, representing tha' Hartford Accident A Indemnity company. . . - - r .:;;.:,' DESCHUTES DAM HALF COMPLETED Bend. Nov. 2. Pouring concret for the wast half ac the diversion dam ta tn Deschates eoanty mmucipal - improvement dis trict -was finished.. Monday. As soon a the forms can be removed, tha coffer dams will be torn away aad water turned through the gates and a short stretch oi the canal, to allow for construction of coffer dam aad 1m remainder ef tha concrete .dam. ,00. the east, half of tha river. naturally la stowing up the Lake trade and in pleted ia a weak, according to Superintendent Will Ellis of the United Contracting company, which is doing this work; and tha crew now em ployed there will go to a new camp, which Is being built on tha Tuaaalo canal, where 20.000 yards' of excavation ia to be done, buikilngr canal: to takatha place ot Duma now ia ue. ,i ' . Whether the Crescent , lake dam ' Can be completed before snow makes work impossible, is still uncertain, and the work is being rushed as much s possible. If -weather permits. it will be eompleted by November 15. - Six - nandred t mien -are - now employed by tba ITaited " Oontracting company ia tentral Oregon on irricatton- eosutructico. 'and tb monthly pay roll is about 680,000, according ta Kills. . On hundred and twenty men hav been put to work on the widening of the Pilot Butt canal for tha North Canal com pany, -now under way with tha parpose of al lowing delivery of water- to tha Lone . Pine district, south of Crooked river. State Funds Paid ( By Insurance Co. Payment of 6122.066.82 was made 'Wednes day by insurance companies which furnished bonda for State Treasurer Hoff to protect state funds deposited - in the State Bank of Port land when the - bank suspended, February IS. The state had 2150,000 deposited in the State Bank when ausnension was ordered by the state superintendent of banks. ' The deposit waa protected py surety bonda emanating to 8175,- Northwest Business Changes Kelso, r Wash.t Not, ;2. Fred UcEanney has sold his grocery stare at the corner tof Second and Allen street to F. J. Wolf of Castle Rock , snd E. G. j Kinder! of Kalama. They will add a market to the establishment and are incorporating the firm of Frank J. Wolf A Co. - : Both have been engaged ia the grocery and market - business before. Mr. Kindorf has been .deputy sheriff of Cowlitz county for several years. Mri McKenney will enter the hotel : business, his and his father's new hotel being under construction on Second street. .... " L UMBER OUTPUT On hand red snd ffty-three mill reporti to West Coast Lamtwrmens association for t week ending Ortoc 2U. manufactured I 0 6U4.01S feet ot ru-er: ec4d 78.738.848 tee and ehirvpcrf 71.0t.g3 teet. - - i 1 Production for reporting u!r. was S pe ct abava -normaL New. business 28 rr cent, t empmest weta 10 per evt low production. below new business. s-orty-one per cegt of kea durxne the weesj waa tor (otore nvery. - 't rus araou af watch il-H.OT 1.3 cargo- delivery ; and ainpraent. feet; shipment 8.388,076.687 feet. Cbehalis. Wash.. Nov. . 2. Manager Wi H. Smith of the Chehali Grain and Fuel com pany ha sold his interest this week in the company to Joe Schuss of Hartman A Nathan, who says be wa acting for Ike Blnmaner of Saa Francisco, formerly of LitteU. thia county. Mr, Bhunauer is expected ta arrive in Che hali in a day or two and take charge. HARRIS JOINS JOINT LAND BANK OF OREGON-WASHINGTON C. A. Z. Harris, who for the last five years has been examiner; of .securities foe tba federal farm loan bureau iba joined the staff of- the Oregon and Washington Joint . Stock Land bank, according : to announcement made ; to day by Carl I let ring, vice president of Uie Lumbermen Trust company bank, with which the Joint Stock Land bank is affiliated. - He arrived in Portland -from Spokane a hort "me ago and ha undertaken his new duties. Her ns ia a banker of many years ex i -i i ia oonsidered an authority oa land values par ticularly in the Pacific Northwest wuere lie has been stationed for several years - by" the government- Prior to coming. West he waa with the federal farm loan bureau at. Washing ton, 1). C. He began his banking career in St. Louis, Mo., his native state, and has been connected with some of the largest banking institutions .of tha West. ipLimi ted o f ferine or ar ' 11 of Oregon Municipal Bonds Port of Astoria, Ore. 6sf to yield ' ,5.25 28000 Jan. 1, 1926, at 102.16 ? V - -" "" i - - - ;. " ' Condon, Ore. Water 6s, to yiefd 5.40 $1000 Aug. 1, 1942, At 107.28 Klamath Falls, Ore. imp. 6s, to yield 5,50 $5000 July Y, 1932, at 103.80 Port of Bay City, Ore. 6s, to yield 5.75 $4,000 May 1, 1929, at 1014 Call, telephone or write for complete detail? Power all new baaHwas t water i atjeo; to S2.448.S-t8 f 4 re was far domes' .877.000 feet Tor ot, nasmesa fne d.linrv f ra amnntned to 1588 ear. - .1 mnj-wn per qpa fM xns IMtl ramr r wau. . ISis asnmntrt Of WtllCh 1U.4SS.B7S tei moved ooastwisa ang tatercnastal and 8. IB: SB a feet export. - l(atl smpmeoU amounted ii cam.. 1 f..nfilled flmnMt iM mma -.4m. a gav.sua feet. Infilled axnnrt nrdera 716.1SS feet. L'nfttlasf rail trada orders, S4. vans. -In 4S 06,42 weaka "prddnetloa feet : new boatneas has been 8.60 m lS.42S,468,b cific & Ught Company - . I r '.:'- ... .1 . Detailed be furnish quest. Cumulative Preferred, Stock. Price Par and Accrued Dividend circulars will ed upon : re Dlyth. Witter. Cc Fourth and Stark' PORTLAND , Broadway 6481 FREEMAN, SMITH 0 CAMP CO. r lmmiBmamkalaasamasamBaBaai Hmi ynflbsN. mom Mberta City of Hanha, 7 General Obligation Bonds Dated July 1, 1922 Doe Serially to 1942 ; Deno m inat ion $500 The City of Hanng has a population of 2500. In tha heart of a splendid farming territory 140 miles east .of Calgary. It: has a large payroll, being a -divisional point of the Canadian National KaUway. Prices to Yield 6.50 n MOMS BROTHERS COEPO&fflON -Government anaMi MORRIS BUILDING PnrtlTlil IO(.TI 309-fl STARK ST. BROADWAY 2151 JTUi UdlLU,Jl UIl SAfE DEPOSIT BOXES U City of Umatilla Oregon General Obligation 6 Street Imp. Bonds Sate. Jaly 1, 1M Jaly l. l47 'V The City of UmaUIla' la a divis ion point on the Union; Pacific" -I nuiroaa. iocatea m tne noetn east comer of Umatilla county, on the - Columbia river : and in the heart of the Umatilla Irri gation district. ; Population esti mated 500. , , i -4- Price to Yield I Multnomah County1 Capital Highway Water District ; 5 Geru Obligation , J . ; Y Bonds " T Dated July 1, Wt ; Dae SerUUy ItSS-lltl i ' Deapralaatloa B.16w : Theae bonds are (teneral oblista tion of the Capital ' Hisjhway - Water Ditnct, compriaina; 24M) acres in , Multnomah county, dl- -rectly ' adjoining- - the : city a of Portland on the southwest,, and rapidly building up with modern suburban homes. Price to Yield t ". 5.50- - ; f(Our new kcatin. Ji., W. Coraer of TH AfJO STARK -I , , SECURITY Becaase . they aire a first : lien on enm paay properties H highly i! Improved) : la Tela. Uissoori and Illinois, producinc an nual eaminss over 2. 7 times annual In terest charges on tha total funded debt, these bonds -offer aa. on usually saia and prcftsbl inrestraeat. SI, UNITED S SERYIC DiTAtLB vr-ori 00,000 ATES PUBLIC COMPANY? 6 First LMen Gold Bonds In.- deaominatlona' -i of $506 and $1000 V Note the attritlv price of 8T with seemed interest, and tha bica yield of ever 6.20 ft sssared over a. sons period. RKQUCBT BY PHONK, MAIL OH IN KRAON CLARK, KENDALL &! CO,, IXC. BON BS :r-v-V-M, W. Comee 6th! and Stark. dwy. S21a. t PORTVAHO. ORaV. - . I T is a btisincc3 investxnentand not an outlay expensive to let us do your Printing EiWJ Baltes &Gofnpany . ; ! FIRST AND OAK -Jrrinterg Breadwayll I - I ifOrTDAJf VErmY0rTTH R fc 201 Kauway exenangm aiaatber Cbicaae Board af Trala I STOCKS r GRA BONDS i conci FBIT AT 14ASEIT WIKH TO kw Fw Mutton & Co, Att FFTSCir AI i . BICHilTQEB. . -1 .'-.--' -. . . i t ---: . Solicit Iaaliiea All Lweal -r'S7tS Ry" gen 4a 68 67 68 961 96) 96 98 i SS- i SS - 64J do , ....i.103 i1! ilOlla SiWabasta 1st 6. . 4;.: :.-' 4