10.
1922.
i . t . . I I . a g -a. s . g . w i i ' -j jm a a " a a . r i i u m v pi ? i i ; ' - fc c i : . r
CLAMS THAT AUTO SATURATION HAS NOT BEEN REACHED
AUTO DEMAND IS
HOT YET FILLED
Henry Ford Reports MoreOr
- ders for Automobiles Than He
is Able to Turn Out
f 1 1 -
XT 1
'V,
By J. c. Boyle
' (Copyright, 1922. by . The Journal)
Ifew Tork. . Sot. 2. Henry : rord, the
largest manufacturer of ttotor an ta the
. . n-i M ' ai the country wee. a
long way from being
led op oa automobilea,
He did not say that
(or publication. He
aid it to the reader
of the Portland Jour
nal to show that be
e not worry'ag
.boat the saturation
point in automobile
jsnnatActiOtt.
. Ford said today
i.fc orders mra com
ln( into hie plant
faster than they could
be takni car of and
that to htm this was
.n indication of the
betterment of eondi-
uons sH over tin
..nntrf. Rumors
m- - k - .1 Vi.v bMit rue oi ne-
. SOUations for additional coal Plants DJ
, l ord company, hite ha declined to discuss
the, report! Ford stated today that ined--.
ji.. ,.n- (tha naada of the
company's plants, the company . 55'
' to ita employes at a pries of 88.60 too a
; compared with a current price of ie a
ton, by Detroit deaiara. and . atUJ not loata
Cotton Mill May oamolidato
i : Only4 tha tremendooa roJumo of antbmoUTe
bodneia by which Mr. Ford 'a statement todi-
V . eatoa and tha unprecedented Tolnmo of Cbxto
. n maa ahopptca bminena by the Jobbera and
wholenalera reported this week could obacore
' - the importance of the larre moemonr under
way to the textile Industrie a. Northern textile
mill intereata are negoUtin for the purchaae
' tf Southern mill. In eventual ecope theaa
i, . dealings may mean expansion and eonaolioa
; tkm of cotton mills which will reach nego
h Uationa of national i-portance. '
Kon-diridend cotton mill propertiea. which
hare been barren for aereral yeara to their
" ctoekholden, are in position to pay - dindenda
front anooeasful operations of the last Quarter
at 1922. The more prceperona tanta are
preparinf for stock dirtdends to aroid exactions
1 of federal taxes and recent rolinga of the
' ' internal . rerenne -departments. Tha M artel
' mills of New Tork today announced the pur
: : chase of the Southern mills in Georgia and the
' Carolinaa and . many . Southern, , plants made
Mraaltaneoua announcements of ambitious
plans of expansion. - The reason is plain. The
' Southern, mills, knowing the spot cotton ahorV
ia .was eomins. corered their requirements in
'.' time and are now reaping the Benefit.
ft. v Purchase ef Steel Mllla Surprlsa
!- An announcement of the purchase of the
AlidTaje Steet Ordinance company and the
Cambria Steel company by tha Bethlehem
' Steel corporation was anything but ' unes
' pected. In fact, financiers and Wall atreet
v ' wondered why there was so much delay in
' " the federal trade commission, which was based
'cn the Clayton act The Tery fact that the
reorgaalzatioa and merger provided for acauisi
tioii of the plants and other physical assets of
the aUdvale and Cambria companies, without
specifying acquisition at stock, clearly brought
- the merger within the requirements ao of ton
laid down by the federal trade commission.
; . 3' be oommissioa has always held that aoquisi-.-
tion of physical assets did not.
; - Ooei erka BeJna Reduced
- - Further, encouragement of "the industrial ait--
uation is sees in the unireraal reduction of
coal and coke - prices all over the United
' tales. Production has more than caught up
" with, demand and the railroads handicapped
in respect to other shtpmeota hare been able
p.'. to pour a .Tolume of coal into retail markets,
which has been sufficient to more than meet
' leouiremente.
Hardware all over the country la in ex-
cellent demand. This is especially true of
builders hardware, but supplies for ' farm re
' uuirements has not been a whit behind. The
Mouth has signalized this demand by aa especial
rush on the retail saarketa.
' .Building ' operaUona have bees' ao extensive
as to require formation of new . -building and
, loan associations which have been chartered in
1 ' unprecedented-numbers in the last two weeks.
PRODUCE.
. Grand Isle. La.. Nov. 25. The cauliflower
crop here is the best in -yeara and planta are
:- . beginning to head. Shipments to northern
; market will begin shortly.
MtTGOODS.
Boston. Nov. 25. The stocks of goods held
bv the leading Boston department stores.ro
. day are below normal for this season of the
rear, but retail trade is extremely -active.
Zt . ' ' LUMBER.
- Fort Worth, Texas. Nov. 25. lumbermen
' foday reported increasing . trade, especially in
, the small towns where construction of homes
. - has been resumed. -
- . CUOTUING.
Ilotuton, Texas, Nov. 25. Women's ready-o-wesr
clothing has declined in pnee to nearly
the level of piece goods and the volume -cf
sales of suits today has increaaed in conse
quence. Wholesale drygood houses today re
port a big increase in orders in this territory
since the cotton has been marketed. - Collec
tions are rood. ,.
New Orleans, Nov. 25. Alvanee sale of
factories manufacturing summer clothing t.t
far ahead of-any previous year. All such fac-
tones here are assured of operation on full
time for months to come. . . ,
f . ,. . STEEL.
Taungstown. O., Nov. 25. Steel operations
' in the Mahoning valley continue at about 73
per cent of ' capacity. Independent manu
facturers . reported today that the labor situ
ation baa been relieved to some extent by the
influx of men from the outside with the ar
rival of cold weather. ' '
LUMBER.
Kansas City. Nov. -25. Buying of lumber
in the rural districts of the midd west today
does not compare favorably with the sales, in
the cities. Building activities are largely con
fined to, the urban districts.
- , Boad Sal Option Extended
Madras, Nov. 25. At a special meeting of
" the board of directors of the Jefferson water
id- conservation district held in Madras November
-' 22, the board confirmed ita action of N'o-
' - vrmber 21. in Portland, when it extended
the option en the sale of the bonds of the
- district to the Ralph Schenoeloch company lor
"i'niv mcnthv which will be from December 1,
' 1822. to June 1. 1923.
Ji . .- JSew Tork Poultry Market
New Tork. Nov. 25. I. N. S.) Dressed
i. . poultry Market weak. Chickens. i840c:
-r: fowl. 15 y32e: turkeys, 30 60e; docks, 2
-8Sc: geese, 18 32c. . - .
; live poultry Market firm. Chickens, 30 9
f: 23a: fowls, l2Se: turkeys, 4752e:
, rrxwter. 1 6c ; ducks, 19 32c; geese, 19
2c.
'' mianeaBoUs.Bslutk Flax
. Minneapolis Nov. 25. (I. N. S- Flax
' November. 52.40; IVcember. $2.40 H ; May,
2.ff9; track, . 52.42 2 44 H; arrive.
Duluth. Nov. 23. (I. Ni 8-" Flax No
vember. 32 42; December. $2.36; May.
82.27 H : track. $3.44 H arrive, $2.37 H-
IOverbeck & Cooke Co.
BROKERS
- t
i
Members Chicago Board
i of Trade
- ' Board of Trade Bldg,
. .. P"Ctlnd
Pendleton, Orts, .
Walla Wallsv'Wash. , .
' a .
Stocks, Bonds,
Grain and Cotton
iJlKECT PKITATE WIHES -
Lrogtih fe, Bryan
SBW TORK XKD CHICAGO
FOREIGN LUMBER TRADE
Increased Consumption of Lum
ber Shown in United 'Kingdom;
Sign of Increased Activity. . '
- Br aisBaa4a V. Djw - ' - ' , . ;
(U. 8- Trade Uwniniiaaloner. IxndoD) .
Increased consumptlea was . tha .. most lns
portant feature of tha lumber industry to the
United Kingdom during September. Although
Imports were lass taaa in - August, with tha
exception of those from Kuaeia, the total im
ports for the erst nine mouths of this year
were Oonbta whet they -vera during the corre.
tpoadmc period last ' year. Southern yellow
pise,' mahogany, American oak planks and ply
wood.' aspects rty birch, -were ta demand, while
the market was not so good tor Douglas fir,
quartered oeJc and other American hardwoods.
Tha' increased . cozatumptlon of .lumber t in
the United Kingdom u not a "boom" bat a
helpful sign of improved activity during the
remainder of the year in a market that aas
lagged far behind the advance shown in the
demand in the United cVtates. -There was a
alight but noticeable ; Increase in honsebuildV
ing in this country . and a crowing opinion
that prices have reached their lowest level. In
fact, it is the financial - and political coadi
tlona in Koropa which cause importers to hesi
tate before maktig . larger purchases rather
than conditions pertaining partly to the luss
ber tedostry. - . i -
Prices for American lumber generally' were
stronger during the month, due) to a aught in
crease in ocean frets-tat rates, reported diffi
culties in railway transportation In America, a
rise ill American exchange,- sad, most of sIL
das to increased demand and a exmsaqnent
hardening of prices in the United btatea. . -
Don ear lea ef American aVsftsroods
. The Improvement was perhaps most strongly
marked in sou thorn yellow pine. At laverpool
and Manchester 171,0u eubio feet arrived in
September this year, as compared with tsooo
cubic feet last year.: , DeUveriea were gopd.. con
sumption was in excess of Imports, stocks were
moderate, and values, fairly steady.
. The imports were small and deliveries were
not heavy in Douglaa fir. but stocks at Liver
pool and Manchester are relatively very light,
being only 16.OOoeeTibi0 fee oa September
SO, as compared with 467. tKt cuhio feet on
tha .same data last year, and 755,00V cabin feet
oa September S0r 120. ; . . ,
WALLA WALLA FALL WpEAT
ABEA HAS BEES lLA3rTBl
Waila, Walla. Wash., Nov. " 25. Wheat
farmers of this section have practically' com
pleted their fall sowings, according .to farm
ers of the Eureka Flat and Snake River re
gions. Farmers of the foothill regions' of
the Blue mountains have been able to work
later this year than usual and it is ex
pected that a greater areeage will have been
planted in those regions than was expected
before the November rams set in. The weath
er, which became cooler this week, has been
ideal for fall work and much nas been done
by the wheat growers in completing their fall
plantings during the last two weeks. . ,
The wheat market showed little aims of
activity here during the last week in spite of
the rise of Bluestem and Early Baart back to
$1.10 after a drop of -from 4 to 6 cents
Thursday.
Japanese Erecting More Foreign
.Style B ulldings ; . S ash, Door
Trade Not Very Brisk. ', -
'' V'': -: m BV HV Dickers- i J
. U. B. Consul. Kobe. Japan) ;
: The market la Japea for saabes, doors, mold
ings, eta, has never been large, do to the
fact that Japanese' houses are eooetructed on
lines suited to the peculiar living conditions
in Japan.' The houses in Japan are probably
more- standardised thas is any other country
e that worli. The rooms va parHcalar are al
ways ef standard eisee, usually from 4 to 10
or mora "jo" or mats. ' The J spa news do act
have wooden floors in their homes, tout instead
use thick mats., approximately o by s feet in
size, and the rooms era invariably built to fit
a certain number ef three mats. - Tha height
of thai mesas is the- same ia all native houses,
except those -built la semMoreign style by the
wealthier Japanese. The usual or eomra-
Japanese bouse is partitioned off. by standard,
ised slfrl'ng doors which when ' pushed open
practically convert all cotnmnnlcating rooms
into ess large room. Tha windows are never
of uniform atxe, bat may extend from the
floor to the calUng or tromthe ceiling to
several, feet below it. according to the design of
the house.. - These windows . are all made to
slide into a boxlike receptacle built oa a corner
of the exterior of the house. Ail the wiadows,
as well ss the sliding doors, may be slid back.
thas exposing the whole side of the house to
toe weather. ; ., "--t '.
roeelonwtyie Bulldlnos Unareastna ;
Of lata there has been a email but gradu
ally 'increasing demand for foreign style office
buildings, warehouses and" ' factory -buildings.
These, however, usually use the latest style of
steel sash, which is imported from A marina or
manufactured ia Japan. Some foreign houses,
for the -use of resident foreigners sad wealthy
Japanese, are being erected, but the demand
thus crested for sashes, doors, eto., is ao small
ss to be negligible. As far as can be ascer
tained, there are so statistics of imports of
these goods.' " i
The oustoms duty' oa materials for the con
struction of buildings is high. The import duty
on building material other than metals is 25
per cent. ad rsJorem, - .
-.i . - 'Japan Takes rkv . s
Exports ef Douglaa fir lumber to Japan In
creased during September almost l.OUD.OOO
board feet, while the Chinese market fell off
over 7,500,000 feet, . Other markets taking an
increased amount were xinaan etouxa avmca,
Australia. United Kingdom, Canada and Mexico.
Argentina continued to take the largest amount
of southern yellow pine lumber,, witn ' juds
and United Kingdom, aa seoond and third. Ex
uorta of oak lumber to the United Kingdom
decreased during September, aa did exports to
all the other principal consuming eountnss. -
Exports of box thooks were less than half
what they were Is August and wee over
1.000.000 board feet below the year's monthly
average, amounting 'to 3,079,838 board feet
valued at 101, 69 S. While exports of tight
cooperage s hooks and heading Increaaed silently,
shipments of slack cooperage shoots and empty
barrels, casks and hagsheada showed a considerable-
decrease. : Tight staves decreased .la
number from 2,504, 914 ia August to 1.46.
081 in September, and in value from $435,007
to $109,054; slack staves decreased from
3,700,437 to 1.524.700 in number, but they
Increased in value from $48,708 to $87,873.
There was very little change in either amount
or value of veneers and plywoods.
New York Curb Stock Quotations
New Tork. Nov. 25. Following is a list of
today's highest, lowest and closing prices for
the moat sctive stocks dealt in en the New
York Curb market: -
Uih.-1 Low. 1 Close.
T8
"Sale"
4
.2
7
2
1
8
S
6
2
1
2
8
3
5
2
1
8
o
1
2
2
2
1
1
1
3
IS
20
2
S
.4
BONUS
Allied Packers
8s
s7rT2H
... 883s
Am 6 E 8s. . .1 07
Am T 4 T 6s '24(100
Anaconda 6s . . . .1100
do 7s 29. . . . . 108
Ang Am Oil TttslOSH
Armour & Co 7s. 104
AtGeVWISS 6s 51
Beth Steel 7s '28 104
do 7s '35 .... 102
Cent Steel g. t 8s 105
Col Graph Ss. . . 82
Cons Text -8s. . . 99
Cop, Exp 8s 24. 101
do '25....'. .. 103 Vi
Deere eV Go 7Hsl02
Det; Cy Gsa ,o. 100 H
Dot Ed 6s 10214
kJulf Oil- Pa -5s. 97
Gulf Oil 3 103
llnterb RT 8s '22! 00
lutnsas city rower
Light 6a...... 00
Laclede Gas 7. . . 101
Lehigh Pow Cs. . 92
Manitoba Prod 7s 98
Mo Pao By 6a D 98
Nat Acme 7a. . 94
SIKHlHIi 79
do 7s franc. . . 67
Pub Ser of N J 7s)l02
Seara-Roeb 7s
Shawsheen 7s
7)fthef Farms 6 si
1 1 Sloes Sheff Ss. . .
718 O N T 7s '25.
do 7s '27. . . : .
do 7s 29. .'. . .
4J do 7s 30 ......
81 do 7s '31. .,..
10 do s
Si Southwest BeU 7s
L2iSun- Oil 7s
ljswift A Co 7s '31
83) do 5s . . . .
14iUn OU Prod 8s.
3fCn R of He 7sl
aivalvorine Uil - 7s
FOREIGN
6 Argentina 7s '23
25 King ef Keth'ds 6s
80 King of Serbs
10 Mex Govt Ss '88
6'Mex Govt 5s '94
Hep of Peru 8s.
24Rep of Chile 7s
lOIRuas Govt 5s..
II do s .
, l8wiss - Govt 5s
35IU 8 of Mex 4s..
leiAcme Coal , ...
101
104
100
97
104
105
107
108
109
100
102
102
102
94
101
105
101
BONDS
83
98
100
100
108
103
104
51
104
102
105
32
97
101
ie
102
100
102
97
103
9S
00
101
82
98
98
94
79
67
1-02
101
104
100
97
103
1.05
107
108
109
106
102
102
102
83
101
105
101
86
96
100
100
103''
103
104
104
102
105
32
99
101
103
102
100
102
97
103
96
00
101
92
98
98
"94
79
67
102
101
104
100
87.
104
105
107
108
109
106
102
103
102
93
101
105
141
10 Acme Pack
4 Arnold Coa. ": ...
2 Bklvu City R R.
5 Buddy Buds.
1 Celluloid Co
4 Chic Nipple . . .
15 Cont Mot ...
8 'Cub Don can Sug
1 Denv Rio ti pfu
24 Duraut Mot . ..
lIGoodyeer Tire pfd
a i ao prior pia .
l'Kendeu C3m .
4Lucey refg ....
K; Mesa hi Iron . . .
l.Nat Leather
1HN F Pub new .
8 i Peerless Motor .
1'jPerfectioa 1 ee
lSiPhihp Morris . .
2; Prime Radio Co.
t, UPao H Pfd ....
- liPxcesw Mfg ....
33! Radio Corp . --.
j Radio Corp pfd .
4t;schulto Stores '. .
40io C A 1. i. . . .
?; Standard Motor. ,
Technleot lne wi.
. 3 Technical Prods .
' 4iTob Prod Exports
lOH'aited Pft Bh
;tnited Ret Oaiidyl
. 3)41 S Lt eV Heat
i 51 do pM . . . . .
7 West End Chem
7jD- P Realty j . .
' 1! do ; pfd ......
lrWiltys Corp I lstl
I pfd oertf i of d
. SiC Ziae .,.. ..
iWlnthers Motor-
66
8sl 71
11
16
98
96
11
12
101
87
68
34
21
8
108
10
.5
55
56
2
1
7
11
7
9
7
1
17
1
.10O i-
10
s
8 13
Ml ,
2
S5
;
i a
1
5 -1
103
99
90
70
10.
16
' 7
6
11
12
101
87
55
84
20
8
1
108
S
10
5
55
53
26
-'-.
1
6
11
-7
. 6
r i i
17 (
1 3-ltfi
10 1100
10) 10
SHI 8
16-1 8)2 15-16
MJXINO
11
11 .
99
96
71
11
16
98
96
11
12
101
87
.
34
21
8
1
108
3
10
5
55
55
26
60
1
tt
11
. 7
67
1
17
1
15 Araaka-Ri-Colo
1 5 i A Ipha - Mines ,
20. Bison . iif, .
20'Rig riedge'v.
20 Pat Mont . . .
451 Boat A Mont Corp
C Canaria Copper
2
i.
16 .
:
67
:-
2
68
84
V- 2
,25
. 5
"6
'
.. , 1
5.-1
es
- i
103
11
;' a
10
, : '
1
'-
5
a "'
2
6
35
2
25 .
If
'. 5
-
1
. t
63
1
103
lt
' a
10
a-.:
4 1
16 h
8
6
69
2 :
2
Sales.
BONDS
High. ) Low. Close .
SOiCandelaria Mia
1 (Columbia Emerald
1 ! Cons Cop Mtm cfs
OiContl Mines . . .
10 Cork Prov Mines.
1 Corp Mines of A
23 Cortes Silver ..
4 C reason Gold . . .
13 (Dear Cons
14 Dolores Esper .,
80 Fortune Mines . .
30 Gold Zone
20 Hardshell Mia. . .
5 Hollinger ......
10 Hecia Mine
2 Howe Sound . . .
40 ludepend Lead . .
1 Jerome Devel . . .
20 Knox Divide . . .
. 20 Lone Star -. .. .
2 Mason Val - ,;. '. . .
20 AtcNam Cres Dev.
40 National Din . . .
9 New Domin Cop'
5iN x Porcupine. .
10Nev Oihir
60 Nev Sil Horn. .
24;NipiaBiDg .......
30 Ohio Cop
28 Ray Bets Inc...
120IRich Cop . .
SO'Silver M of Am
10 Silver Pick ..
1 OjS Silver Lead
10 Simon Silver
lSo Am Gold A P
lOSpeaxtuad Gold..
SOSuccese. Mines...
1 1 Teck Hughes . .
20 Terriskaniug
" 10 Tono Cash Boy.
21 Tononeh rHvide .
6 Tottopah Extern?.
1 TonoDsh ' Mia . .
10 Tono North Star
50 Tri Bulhou
lO'Tulounlne ......
17ilinited tSsaera. .
30 ill C Continental.
Uont.
3 West End
101 v do ext .
10 White) Cans
INDEPENDENT OIL STOCKS
eO!AHem Oil
140
1
8
0
Boone Oil V 9
Boston Wyo Oil I 82
Csrib 8 ynd ... f 4
ifCitSert 183
2!Ctt 8erv B" etfs .19
do BB pfd i 60
2iCreole Synd . ...I 1
190 Engineers P..... 18
6 Rederal Oil 84
12 Gilliland Oil ... 23
1 - Glen Rock O.... 13
13 Granada Oil ... 12
14 Gulf OU of Pa.. 61
10 " Hudson Oili.... 11
30 Keystone Ranger. . I 33
lO I Lane a Creek j 8
10 ltin Am. i-57
88 lLavingstone P. . . . 1100
11 , Lyons Pet, .... .1 65
41 Mammoth OU ...( 42
19 Maria nd ... 8
24 Mars, Oil I 16
1 IMerritfi Oil ....I 78
3 Mex. Oil . . . . . . . ) 8
20 Midwest-Tex. " O. l 20
8 Mount Prod. . . . .L 10
30 ) Mutual Oil...... 11
1 New Eng Fuel Oil 64
lOiNortliwest Oil
N t on .....
liiOmar Oil A Gas
4'Pennock Oil ..
lOiRed Bank OH . .
6; Salt 4-k
86 I 85, 85
55 65 55
3 3 : .8
' 4 4 4
19, 19 19
69 69 69
1 1 1
2 2 2
70 68 68
2 2 2 1
15 15 15
11 10 10 f
9 9 9
11 11 11
9 9 O .
2 2 2
81 - 23 28
2 2 2
3 3 3
5, ,5 6
i m ' i
8 . 8 8 -
25 ,25 ' 25
SV H 8
60 60 eo
10 10 10
21 21" 21
6 -- 5
31 30 30
1 1 1
SO 28 28
20. 19 20
7 7 7
23 23 23
32 82 ' 82
. 8 - 8 3
' 5 " " 6. 5
49 48 ' 49
88 88 88
31 31 . 81
11 11 11
,73 73 73
UK 8 3
2 2" 2
7 7 . . 7- -
12 10 10
40 40 40
1 1 9-16 1 9-16
19 10 19
1 1 5-16 1 5-16
5 5 5
10 10 10
14
3T
Seaboard
Shell Cn
OH ..
Oil W
21iSimms Pet..
24Sou States Oil . .
lOOjTexon Oil A Land
liThurman Oil . . . 1
2 Wilcox Oil Gas
aojY" Oil
14
16
1 3-16
8
16
1
- 2i
9;
12
16
35
0
8
92
4
182
19
66
1
1 :
84
28
IS
12
- 60
11
82.
8 .
57
60
62
40
3
16
7
81
I 16
16
10
64
14 f
15
1
8
16
19
. 2
9
11
19
34
3-16113-16
10 ( 8
20
8
92
4
1182, '
19'
66
1
13
84
23
18
12
61
11
32
67
85 '
82
40
3
16
7
83
120
16
10
64
14'
13
1 3-16
8
16 '
1
2
'
11
16
94 .
o -9
'
- S. P. TorataWe Completed
- Brownsville, Or... Jtttr.-25. -Th: Bouthera
Pacific railroad has completed a , large, im
proved turntable here, of ate-!. 70 feet long
and large enough to aecesnmodate the largest
engine. n the division. .It was brought here
from Oakland. Cel.. to replace toe" old wooden
turntable which wore out. During the peat
month, while construction has been la progress,
the evening train to Brownsville . has been
obliged to run backward from Lebanon, mak
ing it SO minute late. .
I'M AppUeatloa for Bcserrolr
- Baker, Nov. , 23. Leon Brown and 'XosephJ
j. iiay uave ruea apphcaxioa ior coriscrucuiig
a reservoir for the storage of 1 20 feet of
water of Beagle sad Wisdom creeks for irrt
gmting 638 acres of land in Baker county.
Tha estimated cost is $14,000. -r - - -.-.
NORTHWEST BANK STATEMENT
Monday
Tivaday
Wedue-rfaT
Thnrlay ,
Vruiay
Saturday ,
. " Week.,'
Mmday .4 ,
Tuesday
WaJneRdajr'.,
IhttKiUy '.'
Friday i-.
aararday ' . .
fcrtld aanks
.
.
1922
P. ,6f8.79S
t4S3,02o
e.34f.81.T
. 5.921.876
...j4.370.54O
. 4.8CC.402
1921 -
4.274.6
3.231.780
4.766.500
Holiday
6,51 6.81'3
4,754.743
Bala
1922
$1,505,771
v 97S.164
620.410
- 1.408.614
748.8? 1 -
1.043.220-
... 5'
, .... 4
. . . . .
9
$32,535,451 $23,543,523
ftoaule Berks
,t 7.187.B01 5.8O8.015
1121 ' t
a l50.488
$78,086
: 1,305.017
Holiday
1,822.189
v . 873.881
--i i I -i .I..... t
86.305.1 83 $5,329,663
,1I3.410
. 6.040. ill
5.119.099
6.928,774
4.633.7 88
5.47...47S
a ttAfi in?!
J . Holiday
6.514.301
5.0S0.942
82.185.O04
1.7S.2
.1.442.332
' 1.352.056
.2.105.465
1,892.360
ai.af7.4i:
. 1.O50.217
1.1,716
, Holiday
2.183.433
1.2 .7,973
; VVaki. ,wJ;4....iV.,35,022.241 I,Tl,;:i $10,214,532 $7.4S,27
WALL STREET STOCIC QUOTATIONS
" Beportsd by.Tk Journal's Wall Siae Baxasa "
Nev Tork. Kov. 25.-At the dose of the
stock market today, the following table was
cwm piled shsnrkoaT low sad "g prtos fox the
svees, sad the not cauuas-e. -
- The total tranaawfanas ia abares for the week
were 4,38.20O, ss eosBparsd with 6,881,653
las, week; $.215,449 sasaa week a year ace
and S,5d,l&6 two years ago. .
' '- ' - INDUSTRIALS
STOCKS.
Exo.. . . .
Adv. Ram ley ...
do ptd .
Air Redue
Ajax Rubber ..
All Am Cable ,
Allied Cham .
. do 'vfd ,
Allis Chalmers
do pfd . ..
Am Agr- Cheat.
do pfd .....
Am - Bank Note.
do pfd . .
Am Beet Sac..
do pfd .
Am Bosch
Am Br Shoe. ..
Am Can . ... ...
do pfd .......
ia Chicle . . .
Am Cotton Oil.,
do pfd ......
Am DrugTSya..
Am Exp ......
A H s ji...,.
do pfd ......
Am Intern! . Cor .
Am Ice ...... .
do Bid
Am La France .
Am Lia OU . . . .
do pfd -'..
Am Melt ......
Am Radiator .-. ,
do pfd .....
Am Safe Basor .
Am Ship A Com
Am Snuff , . . . .
Am Sugar .....
- do pfd ,
Am Sumatra . . .
dd pfd .....
Am Tel AO. . ,
Am T AT....
Am Tobacco ...
do B ,..
- do nfd new '. .
Am Water Wks . .
do 6 pect pfd .
Am Wholesale pf
Am Wool ......
Am W Paper pfd.
Assets Realty ...
Assd Dry Goods .
do 1st pfd . . .
Assd Oil ........
AU Fruit
do etf , , , , , , t
Atlas Powder ...
. do pfd ......
Atl Gulf A W I..
do pfd
AU Rfmlng ....
do pfd .......
Atlas Tack ....I
Austin Ntehols .!
do pfd .
Auto Sales Cor. . .
Bank of Cemmarot
Bamsdall A
do B - . . -.
Bamat Lea . . ..
Bayuk Bros .
do pfd ctf . i , . .
Beech, Nut
Booth Fish
Brkya Edison . . .
Brklyn TS Gss
Brown Shoe . . . .
Brunswick Co . . .
Burns Bros A . ..
doB , .
do pfd
Butterick (Jo . .
Caddo Oil ......
Calif Pkg ......
Calif Pet .......
do pfd .......
Case U I) ....
Case Plow Wks . .
Cent Leather
do pfd .......
Certain-teed
Chandler MO..
Chi Pnea Tod..
Cluett-Peabody . .
Col Graph . . . .
do pfd
CooarCbla ctf. . .
Col G A H . . .
Com put T R
Cons Distrih . , .
Cons dear . . .
do pfd .......
Cons Gas
Cont Can . . . . .
Cont Ins
Condon OB - - . .
do pfd ......
Coos Textile . . .
Cora. Products
do pfd .......
Cuba O Sugar . .
do pfd ......
Cub-Am Sugar. .
do pfd ......
Davison Chem . . .
Detroit Ed Co..
do rets . . . ..
Dupont deb
Eastman Kod Co.
Eleo Storage Bat.
Elkhom Corp pfd
Emerson Brant.
do pfd .......
Endioott, Johnson
' do pfd ,....'.
Famous P L ...
do pfd .......
Fisherbody C ...
;. do pfd . . , .
do Ohio pfd. . .
Fnk Rubber ....
Free-port. Tex ...
Gen Asphalt ....
do pfd .......
Gen Raking
Gen Cig
do pfd
do deb pfd
Gen Elec
do Special W I.
Gen Motors ....
' do pfd .......
do 6 pa pfd. .
do 7 (PC pfd..
GUdden
Goodrich Rubber.
do pfd .......
Gray A -Davis . . .
Guaatanam-, Sugar
do pfd .......
Habirahaw . . i . . .
Hartman 'Co . ..
Hendee , .......
Houston Oil
Hudson Motor . . .
Hupp Motor . . .
Int Age pfd , . .
Indiahoma ......
Indian Bef
Int Cement
Inter Cons ,
do pfd
Inter Harvester . .
do pfd ......
Inter Mer Marine.
- do pfd ......
In Paper- ......
do pfd stpd . . .
Invincible- Oil , . .
Island Oil ......
Jewell Tea
do pfd-
Jones Bros
Jul Kayser A Co.
do pfd
Kan A Gulf Co . .
Kelly Tire
Kelsey Wheel
Keystone Tire . .
Kresge
Laclede jGss . . . .
Lee Rubber . . . -Liggett
A Myers
Loew's etf .....
Loft Irwr ctf ....
Loose-Wiles
do -1st . pfd . , -. '.
Loriliard Co ; . . .
Mackay C ......
do pfd ......
Mack Truck .....
r do 1st pfd
do 2d pfd . .
MTliusnn
do pfd . . :.' . . .
Man Elec Supply
Man Sbirt . . . .
Msniti Sugar.....
Marlextd Oil .
Martin Rock ....
Uartia-Parry Cor
Mathisoa Alkili W
Maxwell Motors A
do -B ..... .
May Dept Stores
Mex-Pet i ......
Mex See, Oil ;, . 4 .
- do pfd , . . . ...
Mid Btate Oil
Mooa Motor . . . .
Montgomery Ward
kf OSt PoMS? , . , ,
Mtulm Gog ....
Nat Acme ......
Nat Biscuit ....
do art ........
Nat (.look A Bait!
do pfd . . ,
Nat Conduit
J High. I Low.
8
do pfd
a air ''.:.. .- ,
N I Dock - .....
do pfd ... . . . ,
North Amen caw. .
do pfd .......
do rctk .......
Nunna&y ......
Ohio Fuel Sup. . .
, lwi. MB m.
Close. J Chag.
. 77J.75I 7I -1
. 12itol 12(-1
, 44 48 44-1H
58 63 66 ....
12 Alls 11 tt
.120 1
, 72 66 69 -2
. 110 109 110 -3
. 43 40 41 ' -H
, 95 4 94
, 82 28 26 -2
, 62 60 60
. 90 tT ' 0 1
, SS 65 SS f .....
, as ax .?- as 1
, 77 ..... ..... -a
, 34 at 88 i
. 71 68 68 -3
, 76" T -1
, 110 110 110 . -
7 - m s
, 19 14 16 -3
, 40 84 34 -4
6 6 6 r
. 144 . 186 187 -7
, 11 10 10 ".:"-4
, 67 65 66 -1
, 29 86 36 -3
, 107 102 102 -1
, 87 85 85 -1
11 11 11 .
, 81 28 ' 29 - -
60 48 49 .4...
. 47 - 44 45
113 112 112
. 119 119 119 1
7 6 7 1 -
21 B6 0 -1
141 140 141 8
72 68 72 ,4
108 107 107 . -
. 29 35 25 -8
57 67 57
. 62 60 60
, 123 121 122 -2
151 146 148 -14
14 146 146 ,
106 106 106 .
29 28 29 ......
40 47 47 -
1 87 87 87
. 94 91 . 91 2
28 27 87 -2
1 1' 1 .....
. 68 66 66 .....
. 84 84 84 .....
114 112 112 -1
1 1 1 -
a - 2 a ,
- 16S 165 155 -a .
91 91 91 -1
24 22 28 -1
18 17 18 -
1550 13tt 1860 .4...
118 118 11 .
16 16 16 -
81 28 29 1
84 84 84 -2
8 8 8
1 15 111 18 ... ..
8 27" 28 -
20 . 19 - -19 .....
'47 4S 47 -8 v
.48 48 (S -4
114 114 114 .....
60 1 42 47 4
6f 4 -
118 116 115 -S
116 115 115
09 67 69 S
8 2 2
139 18ft 188 S
46 44- 45
103 102 108 1
17 16 16 -2
7 - 7 7 -
81 T T 1
49 46 46 - 2 1
80 90 U -
"30 80 80 i-1
s a a 4 H
85 83 83 -1
72 .68 70 -2
45 40 46 . 6
61 68 68.
81 77 81 1
63 61 62 1
8 2 2
11
78 74 75 1
105 97 97 -6
68 64 64 -
. . . .
85 83 88 ,-1
83 83 88 4
126 120 124 1
103 98 99
92 92 92 ; -6
47 45 45
100 100 100 al
13 10 18 a2
133 126 126 -8
122 120 120- -2 ,
14 12 18 1
86 84 35 -8 H
23 20 22
99 98 89- t
29.' 23 23 -4
110 109 109 5-
86 85 -85 -
86 84 85
58 65 58 1
89 89 , 89 , ....
6 6 5
27 27 27
88 85 85
118 118 118 .....
92 87 88 -3
98 97 97 '
165 157 164 8
111 111 111 ' -
94 93 94 1
12 11 11 1 -21
19 19 -1
44 87 87 -6
75 68, 68 -7
145 142 145 -3
79 78 78 .....
110 106 106 -1-103
103 103 -1
177 173 173 1
11 10 10
15 - 14 14 -
85 . 83 84
88 81 81 -
07 86 7
10 9 10 .....
81 28 28 -2
80 79 80
10 9 9 -
11 '9 11 1
96 95 95
1 1 -
81 81 81 "
18 17 . JI7 '
68 61 61 -4
24 21 22 1
23 22 22 ,
30 29 29 -1
17 14 16.
7 ..... ...4.
84 84 84
. .....
.1
101 98 98 -
116 116 116 3
12 11 11
61 47 48 -iV
49 47 47 -8
74 71 71 -1
14 18 14 -
" H .
20 18 18 -1
64 60 62 2
60 48 49
42 98 8 -2
104 103 103
.2 3 - a
42 89 89 -1
89 , 99 99 -2
6 6
188 180 182 -2
25 25 25 ..."
199 199 199 8
18 18 18
12 -11 12- -
48 44 47 -8
109 107. 108 ,
164 160 181 5 i
106 13 " fl3 .....
71 78 70 -
5 82 5J -
91 90 80 -
82 81.. 81
88 80 Jl - 14
92 82 - 82 - -1
82 62 52 -
55 40 40 -13
43 41 41 -1
St 80 81
18 18. IS -
27 28 26
68 49 61
4S 42 42 -1
14. 12 IS .....
164 161 1 61: .....
218 208 204 -8
17. 15 15 2t
16 14 14 -2
12 t 11 11 -
16 16 15 -1
22 2 20 -1
9. 67 67
18 17 17 -
.11 11 I 11
2S - fS 2S 4
38 ' I 86f 36
.67 66 63 -2
101 101 !101 "1
11 ll 1 ...
63 - 68 t 61 -1
181 lot 101 -1
38' 27 I XT
26 2 : SO 8 1
I 48 :- 4 -46-,
iN 86 88 2 1
45 44 46 i
I 25 28 35 . e1
10 lO 10 -
t 69 6 5 -1
, S - X r X -
i 1 6 . J......
8TOCS8. ' High, t Low. Oosa. Chng.
Orphemn ctf ,';., '20 '19 " 19 l -l"'
Pas Dee Cor ... 1 1 j 1 -
Pee Gas Eleo.... s -811 81
Pao Mafl ...... 14 IS - -IS. 1
Pao Oil ....... 42 .....
Psa-Am Pet B... 64 78 8014 -8
PsnhanrTIa aat . . 5 6 5 .....
do pfd ....... 62 62 62 -8
Pariah-lJtnghssB. .. 10 . IO 3
Peoples Gee .... 84 1 81 -1
Phila Ca 46 37 88 " -8
Philip Jones, pfd. 86 95 96 "4
Philips Pet 43 40 41 2
Piwce.ArroW .... 11 10 11 8
do pfd ....... 27 24 26 1
Pierce 0U .... 6 4 4 .....
da pfd ....... 89 88 38 4
Piggly Wiggly A 44 89 44 2
Pitta Coal ..... 67 65 66':
Pond Creek CoeX. 18 18 18 . -
Poetum Cereal .. 111 108- 108 '
do pfd ....... Ill 111 111 .....
Producers A. Bet.. 41' 88 86 2
do pfd ,...4.. 42 42 42 -1
Pub Berr N J... 100 95 86
do pfd i...... 106 104 105 1
Paota Alegre Ba.. 46 43 45 . S
Pare OU ctf. . .. 28 27- 27 ;
do pfd ....... 88 88 98 -
Beia etf 1514 15, 16
de ist pfd..... 78 78 78
Beta Typewriter .. 82 81 82 1
do 1st -pfd..... 10O 10O 100 .....
Beyaolda Bprlngs. 18 12 18 1
Reynolds Tob B. 68 68 j 62 4
do pfd 118 118 118 -
Roy Dutch O .. 54 62 681
8anta Ceeeha Sug 2 2 8 --
Savage Arms ... 18 17 1T -
Saxea Motors ... 2 14 1.....
BesBeebaek .. 82 78 78 '-8
Shall Trans Co. . . 37 86 35 -1
Shell U Oil pfd A 98 98 98
amclsir Oil 82 80 80 -1
so pfd....... 99 88 98.....
Skelly-OO 0 8 8 -
So Porta Bio Sag 89 83 88 5
da pfd ...J... 88 ' 88 88
Sptoer kfg ..... 17 15 16 -1
Standard Mill ... 185 180 135 S
do .pfd ....... 75 76 75 -1
Bterting Prod ... 61 68 69 .....
Steward W Spd M 60 66 '67 -1
Strom berg 58 60 61 4
Btudebakar -. . . . 4 125 116 118 -8
do pfd ....... 116 116 116
Sshmarine Boat. . 8 7 7
Superior Oil ... , 4 4 4 -
Stand Oil of Calll8 110 110 -S
do of H J .... 200 183 184 -14
do pfd ....... 119 116 115 -2
Sweets Co..... 2 1 1
Texae Co ...... 47 4514 46 -
Texas A Gulf... 64 59 69 -8
Tex Pao CceJAO 20 18 18 -1
TWswator Oil. . . 180 130 ; ISO
Tobaooo Fred 64 60 51 -
do A 8f 77 77 4-
Trans Ooa Oil. . 12 11 11 -
TJnd Typewriter. 141 189 139 4
Union BAP... 67 66 66
Union OU . ... 16 13 14 -3
Union Tank .... 118 118 118 -3
do pfd 111 109 109 -
United Gig S pfd 115 115 115 .... .
United Drue Sm 76 74 78 !
do 1st pfd .. 46 46 4 -1
United Fruit Co. 153 149- 150 -8
Unit Ret Stores. 72 67 67 -2
U S Express . . . T 7 7 .
U S Food Prod. 6 6 6.....
U S Bid Alcohol. 64 59 60
do pfd ...... 100 - 100 100
V S Realty ... 86 82 83 e2
IT ' S Rubber .. 60 46 46 -a
do 1st pfd.... 95 92 93 -
V- 8 Tob 68 58 58 -
i do Pfd 110 -110 110 -2
Tan Bsalto .... 64 60 60 8
TaJCar Ohem .. 27 28 24 -1
do pfd 62 60 60 -2
do pfd B 16 13 15 1
Ta I A O A O. 66 66 66 -1
do pfd ...... 81 81 81 -
Tivaudou ...... 14 18 13 -1
Webber Hefibrn. 11 11 11 -
Wells Fargo Ex . 90 . 89 90 -
West Elec pfd ... 112 - 111 113
Westghs Airbrake. 96 93 95
Weatghs Etoe .. 59 58 68 -
' do pfd 78 73 73
Western Union .. 110 108 109 -1
White Eagle Oil . 83 80 82 1
White Oil 9 4 4
Wilson A Co 40 85 85 2
Willys-Overland .. 5 3 5
do pfd 89 38 88 1 '
Woorworth pfd 113 115 115 I
Worth Pump ... 28 27 28 - '
.dot Pfd B .... 65 63 83 -2 '
Wright Aero .... 10 9 9 '
METALS AND EQUIPMENTS
Alaska- Gold . v, . a, .....
Alaaka Juno . ... 1 f a. a. 1
Am Csr A Fdy .. 180 178 176 -3 '
do pfd . 124 124 t 124 .....
,Aa Locomotive .. 123 117 117 -5'
doI'3, - ill 121 ... 7.
Am-Metals 47 44 45
do pfd 109 108 10 -4 '
Am Smelting 64 60 50 -3 '
do pfd B 101 101 101 ,
-do pfd ...... 100 10O 100 1
Aiai Steel Fdy .. . 43 42 42
do-pfd ...... 105 105 .105
AsaZinc 15 14 14 -1
. pfd 6O 40 60 ..... '
A,BS2d. 000 48 45 45 -2
Baldwin Looo ... 126aio2 117 52 1
Batopilaa Min . . . '
Bethlehem Steel . 6t 82 3 ,
1 U. '' I H 61 -3
do pfd new ... 94 94 94 -
do 8, pfd . .. . 107 106 106 -S
BnO K SU 1st pfd 68 68 68
do 2d pfd . . 28 I 26 37 -
Mutts Copper ... 7 7 7...'..
.M?,. Kupertor. 81 26 26 -2
Callahan Zinc ... 7 7 - 7
Oal A Aria ..... 65 (62 55 1
Carson Hill ..... 61 a
Cerro de Pas Cop 8 38 88 .....
Chile Cop .... 2T 27 27 -
Chino Cop 24 22 22 -1
Col FA I..... 28e24 25 ..7
Crucible Steel .. .1 66 6 61 -2
do .pfd 2 I 80 91 "1
De Beers Mine . , 28 22 23 -1
Dome Mines ....( 41 40 41
Fed Min A 8 J 10 10 10 -1
do pfd 62 ( 60 60 -2
Gen Am Tank Oof 78 60- 00 2
do pfd 102. 102 13
Uranby Min , 24 J 22 I 22 ..
Gt Nor Ore ctfs. 84 I 29 30
Greene Cananea . 24 23 24
Gulf , SUtes Steer. 77 1 72 . 72 -
Homestake M ... 81 i 80 I 80 I -1
Hydraulic Steel . , 4f 8 8
InspirmUon O ... $4 J 31 81 -2
Int Com Eng. . .s 24 J 28) 28
Int .Nickel 14i 13 18 -
do pfd .-, 75 75 75
Iron Prod 41 38 89 -2
Kennecott Copper 82 80 81 -
Lackawanna Steel 78 75 75 -1
Lima Loco 66 '52 62 -3
Mclntyre Per M.. 17 16 16 -
Miami Cop . . . . 25 2fl 25
Midvale Steel .. 82 28 29 4
Mother' Lode .... 10 10 10 .....
Nat Lead v. 118 113 114 -
do pfdi 114 113 113
Nev Cons 14 18 13 .
Ontario.. Silver ... 6" 6 6
Otis Steel 9 , 8 8 -
do pfd ...... . 40 40 40 -5
Pa Seaboard 3 8 3 -
Pressed Steel ... SO 77 77 -2
do pfd ....... 100 100 ' 100 .....
Pullman 127 128 123 4
By-Steel Spg.... 113 119- 110 -
do pfd . . 118 118' lt8 -2
Rsy Cons ...... 13 J2 13
Rsad Mine .... 84 34 34 -
Replogis SU 24 21 22
Rep IAS 50 45 45 -2
do pfd-. .4.... 85 82 83 3
8t Joseph Lead.. 18 18 18 -
Seneca -Copper ... : 8 7 .7 3 -
Sat Aria Copper, . 7 7 7 .... .
Skws-Sbeffield ... 40 88 88 -1
do pfd ....... 76 76 76 -2
Suaerior Steel ... 28 28 28'-l ,
Tenn Cop A C. . 8 . 8 8 .....
TAWmsSteelF 32 , 32 S2 -
Unit Alloy Steel. 85 34 84 -1
C 8C i P" 26 24 24 i .
do pfd . 4 62 59 60 -8
U S Hoffman 19 19 19
V S '-Smelting.. 36 . 38 86 .....
U S Steet ..j. 165 101 101 -3
do pfd 1 121 121 121
Utah Coppeo .. 62 60 60 -1
Utah. Securities .. 16 15 16 -
Tanadhus ..... 85 81 81 -S
WkAwire Steel . . 8f 8J 8 .
BA2LBOADS
Am Arbor pfd.. 34 84 1 34 -2
AU Birm A Atl 2 1 I 1
A T AS P.... 161 88 98 -2
do pfd:,..... 82 90 I 90 -2
B AO, 46 39) 39 -6
do.pfd 69 57 67 2
B R T ....... 14 13) 13 -H
do ctf ...... 12 11 12
Buff Roch A P. 62 62 j 62
Caa Paeifle . . . 142 183 139. -2
." 8. 7k ''. '- - - . .....-.-- V:" --' - a--",: " J:', 1 .
" '
201 Railway Exchanva
eaaber CAscstgw Board at Trsau
STOCKS E0.'DS
: ClAaa COTTM
FsUTATK JUASKJ WIRES TO
rJ. F. Hufton & Co,
, XaOtBEB! ALL rHTNCnPAL
. v EXCHAKGKS)
. sVsttett Xaqwlrtea AB taral ' ;
V efeemrUiaa - - -
. -. ' e r . we- ...' ' -. .'. ' "
I i BTOCK3. HarK Low. Close. ) Chng.
I Can By of N J..1210 1209 210 j .
I O A A ...... 2 2 2 -
.) pfd ...... a a - h
10 A I new. . 42 S8 ; 88. l
do pfd ...... ss ss as '- .....
COW ....... 4 l 4 ' ;4 -
do pfd. .4.... 11 8- 8
O M A Et P... 26 28 23 -1
do pfd ....... 40 85 35 4
O A N W . ... . 86 78 79 -6
do pfd ........ 122 120 122- .....
OAO. ....... 69 64 65 -6
Colo A Sow .... 44 42 48 -
O R I A P .... 86 81 31 -4
do 6 pet pfd.. 87 84 84....,
do 7 pet pfd 97 92 92 -3
O St P M A O.. 75 72 72 -2
do pfd ....... 101 101 101 -1
Del A Had .... 124 117 1181a - "
D L A W ...... 131 12S14 129 . 6
Iulttth SSAAt pfd 6 8 6
Brie ......... 11 10 10
do 1st. pfd 17 16 16 -,'
do 2d pfd ... 12S 18 12.....
Great Nor pfd ... 82 bO f SO , 7 t
Gulf Mob A N.. 14 14 14 .....
do pfd....... 42 42 42 -
Illinois Cent .... 109 105 106 -3
do pfo W X ... US 113 118 1
do rights L I. . 74 74 74.....
lexer A GN W I 22 30 30 -1
K G South .... 19 17 17 1
do pfd ....... 63 83 63 -1
Lake El AW.... 32 80 80 -1
Lehigh Val .... 71 70 70 -2
L A N ........ 181 , 124 124 -6
Man Elaw Guar . 60 46- 60 4
do ctf 48 46 8
Mkt St By .... 8 8 a
do pfd ...... 89 , 88 88 -1
do 2d pfd 85 25- 28 !
do pr pfd .... 70 87 67 -4.3
Ulna A St L .. 7 6 6
If St P A 8 B Tat 65 , 63 68 - -4
do pfd 87 86 86 -
do.L L ...... S7H 7 7H
UK AT...... 8 8 8 -3
do pfd f 83 81 81 -2
MKATwl.. 15 IS. 13
do pf d w i . . . . 40 ST'" SS , -1
Mo pao ...... 17 15 16 .....
do pfd ...... 46 40 40 1
NstRRMex 1st pfd 6 i 8 r 6 -
do 2d pfd.... . 3 2 .2 -
N O T A Mex .'. 85' 82 82 -
NT Cont...... 84 89 80. -4
NTOAStL.. 82 . 83 83 - -
do 2d pfd -.... 86 86 86 -3
NTNHAH.. 23 20 30 -2
N T O A W ... 31 20 20 .
Norf A West .. 117 118 118 8
do pfd ...... 77 76 "78 -8
Nor Pse 80 74 74 -6
Peoria. A East . . 16 18 18 -3
Penna 47 46 46 -
Pere Mar'...... 81 28 29
do pfd pfd.... 74 78 78 -il
do pfd ....... 66 68 84
PAW Va. .... 87 88 83 -8
do pfd ....... 81 91 91 -1.
Beading ....... 78 74 74 -4
do 1st pfd.... 60 49 60 .....
do 2d pfd .... . 50 60 I 60
Rutland Ball pfd. .28 28 28 -1
Hit See Co (Dl ' -
Cent) 69 69 , 69 ......
StDASF..... 28f 20 21 -1
do pfd ....... 40 84 88 -3
8t L South W. . . S8 28 29 -2
do pfd ....... 80 64 68 .
8 A L,. ...... . 6 ; - 6 . . . . .
do pfd 8 7 7 -
Sou Ry 23 21 21 -1
do pfd 68 61 61 -1
South Paw ..... 91 88 88 -2
Texas A Pao.,.. 21 .19 19 .....
Third Ave ...... 16 14 14 -1
Tul St L A W... 65 -. 64 64 -lH
do pfd etf B... 84 84 ' 64 '. -
Union Pao 142 187 187 -4
do pfd ....... 76 74 74 -8
Unl Hy Inv ..... 18 11 11
do pfd ....... 126 25 35 -1
Wabash ....... 8 8 8 .;-
do pfd A.,... 36 "S 34 .-1
do pfd B ..... 17 17 17 1
West Md ...... 12HI 10 11
do 2d pfd..... 23 21 21 1
West Pao ...... 16! 15 ' I 1B 1
do pfd ....... 87 66 68 -8
WALK. H 8 I 8 1
do pfd .J..... -1J 13 12 4saA
Wis Cent ...... 28 37 27 1
Increase. Decrease,
Pacific. Northwest Securities
.. Resetted: by Jordan. Wentworth A Co.
" , BANK. STOCKS
Bid.
Bank ef California Si 202
Citizens Bank ............ i 10
Canadian Bank of Commerce. 183 .
First National Bank. Portland 200
1st Nat l Bank. Freewater, Or. 290 ;
Uibemia Com A Savings bank 175
Ladd A Ttttoat bank........ 800 :
Lsvsstock Ststo bank ...... 150 '
Lambermeas Trust Co...... 90
Multnomah State bank ....150 -
Nortowestsra National bank. 185
Pan insula rstinnsl bank.... 125 .
D S Netsoeal bank . . . . . 4 . 820
. - PUBLIC UTILITIES
Northwestern Elec trio com . . . 1 8 K
do 6 pfd .....''. J- ,80".
' do 7 ptd.. .v 90
Pacific Pow A Light 7 pfd 85 .
Portland Gas A Coke 744 pfd 86 '
Portland Ry L A P Oe com 14
do com ... , 9 eO ''.
do 3d pfd ........v.; ; 46 t
do prior pfd 88
- LUMJU1&, PULP - AfSD PAPER
Central Coal A Coke com,... 79 82
do pfd 4. . . .. . . 4 f 78 , :f 85
Croww-Wulamette Pulp A Pa 400 ....
do pfd "A" . 4 . . . , . ... . 93 -,.-, 100
Mawiey a-aip at paper. . . 310
Asked.
207'
180 v
190
210
825 :
190
850
176 ,
100
175 :
150
1S8 .
840
ao '
85
96v
99
99
16 -55
60
81
Mult Lbr A Box special coat. .60
- co 10 P! a 4 . , .- 80 -.
Oregoa Pulp A Paper, com.. 200 ;
do pfd ........... 4 .-.,,? .95 ".
Paoifio Box pfd .......... 95 '
Peninsula Lumber pfd . . . ... i ' 95
Tum-a-Lum Lumber . eom, ... - . 75
. - do 8 - pfd ..4. '. . . .4. . m- 95 v"
do 10 pfd '.... 4 . .i'. mm ' 1 00
Alaska Steamship 82
Alaaka Packers .......... 137
Albers Bros. -eom ........ .45 .
do pfA . . ............
Centeonial Mills...........
Coast Tire com. ..........
Denaos Food' of Portland . .
Denny-Rentou Clay A Coal .
Fairbanks-Morse com......
Kelso H1U to Bo Sold
Kelso, Waah., - Noe. 25. The Thompson-
Kelso Hotel Project trader Way
Kelso. Wssh., Nor.- 25. The Kelso - club,
; a meeting Thursday appointed the following
mmitte to confer with E. M. ktowen of
SeatUe-. regarding a $300,000 hotet project
for this city: C A, Peters, Frank G. Barnes,
Hi E. McKenney, K. W. Ross, L. is. Le
Vsaseur, C u. itashor and Ai w surer, air
A campaign to sell the stock - will
do Did
Federal System Bakeries . ,
Fisher Flouring Mills pfd ' .'.
Fleishmsna Co. : pfd . .....
Hartman Co., J. L. gen. pfd
- do Redeemable pfd .... 4 .
Kings Food Products Units . .
Lilly Co.. Chaa. H-, pfd
75 ;
107
' 4 -
' 8
15
47
93
7
87 "
86 "
. 95
60
86
Luc kU King A Cake Soap . . s 100
Morgan bldg . 60
Oregoa Port, Cement Units . . 90
Oregon Worsted MiQs .... 85" ,
Owi Drug Co. eom. ...... 75 -
do pfd 108
Pacific-Alaska Navigation ... 60
Pscifio Car A Foundry .... 65
Pacifie Coast Bmult .... 115
Palm OMve Co. 7 pfd .' 9.7 r
Paraffine Go's, pfd , .-. . . . 82
do com. .............. 20
Portland Cattle Loan ...... 60
Portland Feeder Oe 90
Portland Realty AasoMates .. ...
Portland Vegetable Oil .... 80
8 perry Flour Mills com. - .... ...
de pfd . . . . . , i . . 97
Western Bond A Mortgngs . ; 95
Albers Bros. THs, 1942. . . . 99H
Broadway-Tamhill bkig 7Hs
1925 4-.i'... .100
Broadway-TamhlU bldg 7a-
1926 102
CeutrakPaciflo 1st 4s. ... . 90 .
Centra 1-Pacifio Co. stocks 4s
1948 68
City of Astoria 6s 1927-42, 100
City of Tillamook 6s 1942,. 100
Danny-Renton 8s 1929 .... 100
Fed. Telegraph 7s 1928-27.. 83
Heme Tel. A Tel. Spokane
1st mortgage 6s. ..... . 94
Morgan bldg. 7s 1926 . , . r 99
Northwestern Eleoirto 1st
mtg. s 1936 ........ .100
Oregon Electno 1st mtg ss
1936
OwT
Drue 6. ote. ..4..
Pacific Coast Biscuit 6e 19SS
Pac. Power A Light 5s 103O
Pao. Power A Light Ss 1980
Plttock block 6s .1940.., -Port
of Astoria 6s 1925. . . . .
Portland Gas A Coke 7s 1940
Portland Gas A Coke 6s 1940
Portland Gas A Coke 6s lwSl
S perry Flour- Mills 1st mtg
6s 1984
Willamette Valley Southern, i
. 6s 1939, 88
50
90
00
o ,
00
93
96
82
82
92
96
' 82
US
100
100
.108
.85
.105
110
87
150
61
80
15
4
8
80
: 62
87
H
102 (
105
95
. 100
60
90
115
166
. 100
85
110
75 ,
75
185 ,
102'
87
28
65
100
75
90 -
66
100 1
103
101
10s
103
91
i
70 :
101
102
101
95
96
102
181
57
100
05
4
4
96
;
4
94
93
87
90
SAYS CflWIPAKIES"
INCREASE OUTPUT
Demand for Local Made Soap Is
; Heavier? 5 Two Manufacturers '-'
Plan Larger Factories. ;
- The Increased demand for soap has becei
so large in the last year that two local soap
companies are planning sew factories ta the
near future. The Mount -Hood Soap com
pany, . whose present output ia approximately
68.000 bar per day, has already purchased
a tract for their new factory which they are
planning oa erecting ia the spring. - The
Luckel. King A Cake Soap company are also
planning oe a large factory, but have aot ye
decided oa. where the new building will be.
or the siaa of tt, but it win be aereral times
the sise of their present place. -
The volume of business transacted bat In
creased almost four times that ef what it was
in 1918, according to L. P. King of the
Lockel company.
A good buainees Is reported with Honolulu,
despite the fact that the soap must be shipped
from Portland to Astoria to be loaded on the
boats. About 2000 esses of soap are shipped
to the islands each month, Portland manu
factured soap is bow being sold ia, California.
Washington. Idaho. Montana, and throughout
Oregoa, - -
(Tha amount mt tinsln. Atwim with lanwIWM
is also picking up. A special soap, which re
quires only three days'- boiling, ia made tor the
jDune. warn soap, f or
uires about aix oays in the vat.
- Aa much milini mm i.ia.llil. f.
in Oregon by the Mount Hood Soap company.
wrapping paper, cardboard. cartons, vegetable
oils, and other materials are bought locally,
but .ingredients tor - higher grade soap are
shipped to tha factories from the East.
Local companies are - now manufaetarina
laundry soap, soap chips, toilet soap, glycerine
soap, lys, and Soap for general household ess.
Clinton L. Shorno
Is Firm Member
TILLAMOOK CHEESE LABEL
BELONGS TO THE COUNTY
Salam. Nov. 25. In in ODinlan to 'Gov
ernor . Olcott, - Attorney 4 General Van Winkle
holds that there is no law to oreveut the
use of the words ''Tillamook cheese" or Tilla
mook county eneese -' by anyone manuiac
turing cheese ia Tillamook county. ..
' ' -it '
Forelgrn Exchanire Market ;
New" Tork. Nov. 26. fL1 N. ' . Demsnd
vterling, $4.49 1 frane cables, 7.15; checks,
7.14; lire cables, 4.79 ; checks. , 4.78,
Belgian cables. ' 6. 6 1 ; checks, 6.60; marks,
.(001: guilder cables. 89-40; . eheeka.
88.87;-Sweden-cables, 26.90;- checks, 26.86;
Norwegian cables. 18.42: checks. 18.38t Dan-
Mi cables, 20.80; ebeoks. 20.26V ,
yeara and is
ber of clubs
erally.
1 CJlntoa . Lt Shor
ao, for many yoarg
Ktmerai aajaa man-ax-er
for tbeBlake.
McFaJl - . company,
baa aoctired an in
terest in tha Cres
cent i Paper com
pany, , associating
hlmaalf with
Chau-lea R. Praxler
and -Ralph I,
Brackett, present
owners. Shorne baa!
been a resident ot
Portland for many
affiliated with a sum
avnd cirio activities aen-
Local Securities
WANTED
SO Paclflo Power A Light af A '
0 Portland Oss A Ceks pfd.
, SO Psclfla autes 'Ire Insurance, r
6 Albsrs Bros, pfd, ,
FOR SALE
80 Luckel, King Cake.'.
10 Western Bond A Mortsate.
4 Portland Vegetable Oil.
: Hellla Theatre 8s.
B Northwestera Clectrie 4 Pfd.
' S Rsuch Lang (unlU),
40,000 Andsrson Bros., lne.
Our local department for the resale ef
unlisted securities ef merit Is Indispensable
to holders ef these shares. T
Highest Prices Obtainable Anywhers.
' Direct private wire to E.' F. Hutton A
Co., Btembers Nsw York Stock Kscnanos.
r J '
ORDAW'WeNTWORTK &(g
I - STOOK8 UNO SjOMOS
MOt- Railway Ei; SWf' sMwy. 4788
We offer, when as and if
Issued
7 First Mortgage Serial Gold Bonds'
Dominion CreosotingandLumber Ltd.
. Vancouver,5B. C. ,
. Dated Dec 1, 1922 ; Due Ser. June and Dec, 1925-1932 ; ,
Denominations $1,000, $500, $100
,--..(' f ........-- . ' .' - -1
Principal and Interest Payable in U, S. Cold. .
Company Pays Federal Normal income Tax to 26
'"- : ': - , r !'J i '.-'.--' -ri , ' - i -i - . ri,T'f '- - .. . j .'
Company and Security
This company has been in successful operation for 23 years as a manu
facturer of lumber. It started with an initial investment of $5,000 and its
consistent growth is reflected by the fact that it has created, entirely out
of earningsVfixeJ assets' which today exceed $550,000. , This $100,000 issue
will be secured by CLOSED FIRST MORTGAGE on entire fixed assets and
properties now owned or hereafter acquired. Properties include its biff
lumbering mill and 21 acres of valuable waterfront property on the Frazer
River; and?entire capital stock and assets of Elk' Bay Timber Co., together
with logging railroad, locomotives, timber equities and equipment.
i . Values, Earnings, Insuranqe
r Although the General Appraisal Company has placed a replacement value
of $438,165.67 on. the company's plant, for; loaning purposes we have de
preciated it to $310,000. The Tnist Indenture provides for, $236,500 fire
' insurance. In" addition $93,000 additional insurance is carried on stocks
and $100,000 against loss by "shut down of plant. , For .the past 13 years
.the average annual net. earnings have been $20,000 after payment of fixed
charges,,operajtion, and provisions for depreciation. After giving effect to
this financing the balance as of Sept. 30, 1922, will show assets 'of
$686,914.86 and after- deduction ' for current and fixed liabilities : a NET
WORTH OF $490,670.84 practically 5 times the amount of this issue.
Fall information covering all phases of v
the business will be mailed on request. ' ' '
LIsTMBBRi ,
. ' BROADWAY AND OAK ;
Robert E. Smith, President Lnmbermen Trust Co., rortland. Trustee.
PRICE 100-YIELD 7
UU10 B A Jil '. .
.1