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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Aug. 10, 1920)
THE MORNING OHEGOXIAN, TUESDAY, AUGUST 10, 1920 19 "IDE PRICES ARE i; AT BOTTOM LEVEL Market as Low as It Was Before the War. NO DEMAND FROM TANNER Most Local Dealers Have Called Their Buyers From Road. Some Speculation Reported. "Wires received by Portland hide dealers from the east quote prices as low as any that prevailed during the ten years that preceded the war. The same wires express in unwillingness to take on supplies at thft present time. This describes the hide situation as It exists today. There is practically no market for hides in this section. There is no demand and hardly any buying;. Most of the dealers have called their men In from the road. A few lots were purchased throughout the state last week, but as there Is no apparent eastern outlet for' them at the moment It Is presumed the buying was speculative, probably Induced by the war like tenor of the news from Europe Trade advices from the east show fur ther declines on foreign as well as do mestic stock. A New York report jays: "The general hide and skin market con tinues to weaken, with pronounced de clines registered on River Plate frlgorifico hides, which are used chiefly for sol leather. In the domestic market, sharp recessitms have also occurred, but' these have ben chiefly confined to smaller Stacker take-off, principally because large packers in Chicago and other western points have not been sold. Trading in big packer kill was again nil this week; but, owing to breaks ..In other varieties, par ticularly South American wet salted lines, the market on big packer lots is nominally lower, with the undertone weak and de pressed. Former selling and asking prices mean nothing today, and the market, on the whole. Is practically unquotable. "Country hides keep dull, with the sag ging tendency still pronounced, and prices are on a lower basis than formerly." KKW ZEALAND Bl'TTEK IS OFFERED Eastern Markets Continue Weak, Unset tled and Declining. The eastern butter market during , the past week continued unsettled, weak and lower. Kecelpts were liberal for this sea son of the year and showed an excess par ticularly of undergrades. Danish butter the regular trade outlets, and due to the regular trade outlets, and due to the Uncertainty of the future supply of Dan lesh, these buyers purchased in large blocks. This, together with t continued credit stringency and weakness of the market itself, has resulted In a very light demand. New York was especially weak. Influencing other markets In turn. Money was a trifle easier at Chicago and at Boston the limit was $-0 per tub on storage' loans. Philadelphia was af fected by the shortage of storage space. Fore-sighted dealers' are shipping to in terior points for distribution later, avoid ing the expected freight increase. One steamer carrying llll casks of Danish butter arrived the past week, also 5580 boxes of Argentine butter. At San Francisco large offering of New Zealand butter were reported -for delivery beginning late in September at around 51 cents plus duty, laid down at San Fran cisco. COUNTRY WHEAT PRICES UNCHANGED September Oats Dollar Lower on the Local Board. "Wheat prices at country points remained the same as on Saturday. There was a lair amount of buying. On the local board there were advances in September bids of 2 cents on hard white, 7 cents on red win ter, 1 cent on northern spring and 5 cents on red Walla. Other bids were the same as Saturday. September oats were $1 higher and August corn bids were raised 50 cents over the close of last week. Terminal receipts, in cars, were reported by the Merchants' Exchange as follows: Wheat Barley Flour Oats Hay 48.00 45.00 Standard feed V.. uorn No. S yellow 61. 0 0.OO Millrun 51.50 45.00 No. 3 Eastern yellow 62.00 60.00 FLOUR Family patents, $12.05; bakers hard wheat, $12.95; best bakers patents, $12.95; valley, $11.20; graham. $10.80; whole wheat, $11.05. MILLFEED Prices f. o. b. mill: Mill run, $59 per ton; rolled barley, $6366; rolled oats, 6768; scratch feed. $5&6 per ton. CORN Whole, $72 73; cracked. $75 76 per ton. CORN Whole, $77 78; cracked. $79 80 par ton. HAY Buying price, f . - o. b. Portland: Alfalfa, $24&25; cheat, $20; clover, $20; valley timothy, new, $28&29. Dairy and Country Prvdiiea. BUTTER Cubes, extras. 53 53 Vt C lb. ; prints, parchment wrappers, box lots, 57c per pound; cartons, 5c; half boxes, e more; less than half boxes, lc more; but ten'at. No. 1, 57 & ttOc per pound at sta tions; Portland delivery, 58 62c EGGS Buying price, current - receipts, 47c Jobbing prices to retailers: Candled, oO o2c ; selects, 53 54c CHEESE Tillamook, f. o. b. Tillamook: Triplets, 20c; Young Americas, 30c POULTRY Hens. le!&2c; springs, 25 2Sc; ducks. 2535c; geese, nominal; tur keys, nominal. vo?,Krancy 24c cr Pound. VEAL Fancy, 24c per pound. Fruits and Vegetables. FRUITS Oranges, $5.75 7.50; lemons. $4v0t&o.o0 per box: grapefruit, $6.00 er box;-. bananas, 11 & 12c per pound; apffes, new, $2 & 4 per box; cantaloupes, $1,759 $4 per crate; watermelons; 24 3c per pound; apricots, $3 per crate; peaches, $1.65J.0O box; plums, $ 1.75 2.00 per box; currants, $2.002.50 per crate; rasp berries, $3.754.25 crate; casabas, 6c per pound; grapes, $2.25 g? 3.50 per crate; loganberries, $3.50 per crate; pears, $5 per box; blackberries. $3.50. VEGETABLES Cabbage, 2 Q 3c per lb.; lettuce, $2 per crate; cucumbers, 75c &$1.25 per dozen; carrots, $3.50 per sack ; horseradish, 25c per pound ; garlic, 30c; tomatoes, $1.50:2.00 per box; peas, 7 10c per pound ; beans, 5 10c per pound; beets. $3.50 per sack; turnips, $3.50 per sack ; eggplant, 20 25c per pound ; green corn, 5uc per dozen. POTATOES New white, 8 hk & 4e per pound; sweet potatoes, 20c per pound. uisiUAS Walla Walla, $1.75 per sack.. granulated. Portland 11 ami ay W " Eea'n to date. 1343 Tacoma Faturday ... 5 fiea'n to date. 23S Seattle Saturday ... 4 fcea'n to date. 104 10 1 10 1 S3 5 37 1 34 10 102 17 234 Cheaper Sugar on Sale Today. The first shipment of sugar bought at the reduced price reached Portland from Ean Francisco yesterday and will be put on sale this morning. The Jobbing price will be 21.23 cents. NEW YORK. Aug. 9. Raw sugar, easy. Centrifugal, $15.TS. Refined, quiet; fine granulated, $21 W22.B0. Large Fruit Crop In Idaho. Idaho anticipates a very large fruit crop. The state agricultural department esti mates the acreage at 26.750 acres of apples, 8'.W2 acres of Italian prunes, 30S acres cf cherries, 4S0 acres of peaches, 50 acres of apricots and 284 acres of pears, or total of 31.S4S seres. The outlook is for 4760 cars of apples, IS) 8 cars of prunes, 64 cars of cherries and five cars of pears. with peaches a minus quantity because of severe winter killing. Cantaloupe Prices Are Cut. Ths cantaloupe market continued over supplied and Very weak. Prices were cut further with standards selling at $4. Swet-t potatoes from Turlock made their appearance and were offered at 20 cents a pound. Blueberries of the old-fashioned eastern sort are on the market and selling at 20 cents a pound. Kgg Market Is Firm. The egg market was very firm on the basis of 47 cents net Portland for ship ments from the country. Butter was steady and unchanged with the demand mainly for the best grades of cubes. Poultry and dressed meat arrivals were moderate and prices were unchanged. Vltdble Wheat Supply Enlarged. The American visible grain supply com pares as follows: Bushels. Decrease. neat 19.534,000 S2.O47.0OO Staple Groceries. Local jobbnig quotations: SUGAR Sack basis: Cane, 21 He per pound. HON BY New. $77.50 case. NUTS Walnuts, 22$j38c; Brazil nuts. 3oc; filberts, 3035c; almonds, 35c; pea nuts, 1415lc; cocoanuts, $1.75 per dozen RICB Blue Rose, 14 c per pound. BEANS Small white, 7c; large white, 7-&c; pink, 84c; lima, 12c per pound; bayous, 1134c; Mexican reds, 10VaC per ih COFFEE Roasted in drums, 3030c Provisions. Local Jobbing quotations: HAMS All sizes, 4'-4tfc; skinned 410 46c; picnics, 25c; cottage roll, 33c LARD Tierce basis, 24c; shortening 22c per pound. DRY SALT Short, clear backs, 2527c per pound; plates, 21c. BACON Fancy, 4U58c; standard, 32 45c per pound. Hides and Pelts. HIDES Salt hides, over 45 pounds, 14c; green, hides, over 45 pounds, 12c; salt hides, under 45 pounds, 13c; green hides, under 43 pounds. 11c; green or salt salf to 13 pounds, 25c; green or salt kip, 15 to 30 pounds, 15c; salt bulls, 12c; green bulls, 30c; dry hides, 22c; dry salt hides, 17c; dry calf under 7 pounds, 30c; salt horse, large, $0; sait horse, medium, $5; salt horse, small, $4. PELTS Dry fine long wool pelts, 15c; dry medium long wool pelts. 12c; dry coarse long wool pelts, 10c; salt long wool pelts, $2&3; salt lambs' wool pelts. 50c $1; salt shearings, 25 50c; salt clippers, 15 23c. Wool, Cascarst, Etc. MOH A I R Long staple, 25c per pound. TALLOW No. 1. oc per pound; No. 2, 6c per pound. CASCARA BARK Per pound, gross weights, old peel, 12c; new peel, 10c per pound. WOOL Valley, medium, 35c per pound; valley coarse, quarter blood, 2oc; coarse. low ana Dram, juc; coarse matted, 12c. HOPS Nominal. GRAIN BAGS Carlots: Spot, 13c Oils. LINSEED OIL Raw. barrels. 11.83: raw, drums, $1.90; raw. cases, $1.98; boiled, barrels, $1.85; boiled, drums, $1.02; boiled, cases, $2. TURPENTINE Tanks. $1.96: cases. $2.11. COAL OIL Iron barrels, 15c; tank wagons, 23?ic; cases, 3c. GASOL1NK Iron barrels. 29 c: cases. 38c. FUEL OIL Bulk, $2.10 per barrel. Metal Market. NEW YORK, Aug. 9. Copper, steady. Electrolytic, sport and third quarter. 10.25c Iron, firm. No. 1 Northern, $4U50; No. 2 Northern, $4849; No, 2 Southern, $44 645. Tin. easier: spot and nearby, 49c; fourth quarter, 40.25c Antimony, 7.25c. Lead, steady. Spot, 8.50c. Zinc, steady. Spot East St. Louis de livery, 7t57.80c. New York iVa.ry Products. ..NEW .YORK, .Aug. 9. Butter firm, creamery higher than extras, 5555Vc; creamery extras, 544 &55c; creamery firsts, 51 54c. Eggs irregular. Fresh gathered extra firsts, 51&53c; fresh gathered firsts. 47 50c. Cheese Irregular. State, whole milk, flats, current make, white and colored specials, 27 & :JbVe; state, whole milk, twins, current make specials, 2ttVfe 27 Vsc Chicago Dairy Produce. CHICAGO., Aug. S.--Butter Higher. Creamery, 43 52 c. Eggs Higher. Receipts. 79R2 cases: firsts. 46h47c; ordinary firsts. 4243c; at mark, cases included, 43 46c; storage pacaea, Urals, 4M r(l 48 u, c. STOCKS CLOSE STEADY LOSSES AT OPENTXG ARE IX PART OVERCOME. Market's Fluctuations Follow Changes in European "War De velopments Bonds Irregular NEW TORC. Aug. 9. Developments over the week-end in the foreign situa tion were responsible for another outpour ing of stocks in today's market that car ried down prices 1 to 10 points. Short selling was in great volume and there was actual liquidation. Pressure of stocks was so great that many leaders touched the lowest figures of the year. Recoveries of 1 to 4 points were made be fore the session ended. Rejection by the Russian government of the allieed y truce terms and a break of 7 cents in sterling were dominant fea tures. Bear operators were successful In uncovering stop-loss orders and there ap peared also a great deal of selling of weakly margined holdings. Creation of new low records for many prominent is sues discouraged the bulls and there, was little concerted effort to check the de cline until late in the day. Rumors were circulated that loans were being called on pools and individuals whose collateral had depreciated by the fall in quotations. Large inroads were made in the prices of steels, equipments, shippings, oils, coppers, motors and dividend-paying railroad stocks. Sterling ex change fell to $3.604 and continental bills were shaded 5 to 40 points. Total sales approximated 1,050,000 shares. The extensive covering movement' lat In the day was accelerated by the rally in sterling and the easier conditions in call money. Bonds moved Irregularly with some- con vertible issues falling sharply. Domes tic and foreign government bonds wers slightly lower Total sales (par value), $8.07oT000. Old United States bonds were unchanged on call. . CLOSING STOCK QUOTATIONS. ' Sales. Am Beet Sug . 1,700 Am Can 8,200 Am Car & Fdy 1.80O Am H & L pfd 1,100 Am . lnt Corp 6.800 Am Loco 7.000 Am Sm A. Rig 2.5O0 Am Sugar ... 1.40O Am Sum Tob . 2,5W) Am Tel & Tel 1.8rO Am Woolen.. 4.0O0 Am Z. L & S 800 Anaconda Cop 12.40O Atchison .... 2,50 Atl G & W I. 6.4O0 Baldwin Loco. 77,400 Bait & Ohio. . 30.2OO Beth Steel B. 24.4O0 B & S Copper 1,000 Calif Petrol .. 1.800 Canadian Pac. 6.600 Central Leath 3. 0H0 Chand Motors 2,0 Ches & Ohio.. 1.6UO Chi M & S P 1.800 Chi & N W. . . 1,000 Chi R I & P 24.400 Chino Copper 2,200 Col F & Iron. 000 Corn Products 9.800 Crucible Steel. 12.400 Cuba Can Sug 16.200 Erie 1,700 Gen Electric. 1.50O Gen Motors 46,400 G t North pfd 1 , 800 Gt N Ore ctfs 3,400 111 Central... 0OO Insp Copper. . 3,500 In M M pfd 6,200 lnt Nickel . 3.00 lnt Paper . . . 4.200 K C Southern l.OOO Kennecott Cop 2,500 Louis & Na-sh 2O0 Mexican Petrol 13.60O M i arm i Copper 700 Mid States Oil 20,200 Midvale Steel. 3.SOO Nov Copper. . 1,200 N Y Central . . 5.200 N Y N H& H 16,500 Norf & West. 8H North Pacific 2,7M) Ok. Prd & Rfg 2,500 Pacific Mail.. 1O0 P-Ara Petrol.. 22.SOO Pennsylvania . . 3.20O Ray Con Cop. 1.700 Reading 19.000 Rep. I & Steel 12.400 k uutcn -N y 3,2-00 S Arix Copper 100 snen r & r. . 7.200 S O & Rfg. . 40.HO0 South Pacific 1H.2'0 South Ry 15.200 O ol N J pfd 400 Studeb Corp.. 32,fo0 Texas Co .... 18,100 Tex & Pac... 21,700 Tob Products. 3.200 Trans Oil . . . 5,100 Lnion Pacific 5,800 U S Food Prd 4.300 U S Ind Alco 4,300 U S Rtl Stores 12.300 U S Rubber.. 13.O00 U S Stel 60,300 U S Steel, pfd 200 Utah Copper . 6.300 West Union.. 200 West Electric 1,800 Wiidys-Ovld .- 7.000 grapes, per crate, black. $2.nOT2.TS: seed leas, $L752.25; muse it. $2.2502.50. Receipts: Flour, 52UU qrs. ; wheat, 800 ctla. ; barley 2400 ctls. ; oats 3 GOO ctls. ; beans. 344 sacks; corn, 1526 ctla: potatoes, 2221 sacks; onions. 252 sacks; hides 10S0 roils; oranges, 3000 boxes; livestock, 200 head. Iried Fruit at New Tork. I NEW YORK, Aug. 9. Evaporated apples, dull; Calif oral as. 11 15c ; stats prime to choice, 13c to 18ic Prunes, quiet; California, 8e to 30c; Oregon, llV&c to 21 He. Peaches, quiet: standard, 17 18e; choice, 19&c; extra choice to fancy, 121c Rides, Etc, at New York. N"EW YORK, Aug. , Hides and wool, unchanged. CATTLE LOWER (IT YARDS WHEAT MARKET IS EASIER1 PRICES SAG WHEl ARMISTICE REPORT IS RECEIVED. Rains in Middle AVest Iead . v Setbacks in Corn and Oats Talnes. to tarn In Rio. S.pt.mb.r rmllled to .25e and th. general market closed at net ad vance of 6 to 13 points. September, 9.25c; October. 9.41c; December, 9.74c; January, 983c; March. lO.OJc; May, 10.10c; July. 10.20c. Spot eoffe nominal; Rio T. 9 to 10c; Santos 4a, 10 to 17c. Naval Stores. SAVANNAH. Or, Au. 9. Turpentine, firm. tl.SSH: sales, 4QS; receipts. S92; shipments. 14S5; stock. 12,082. Rosin, firm; sales, 921; receipts,- 1201 ; shipments. 423; stock. 85,900. Quote: B. $1L'12.50: D. E. F. O. H. L, K. M. N, WO, WW, f 13.75910.85. Cotton Market. NEW YORK, Aug. . Spot cotton, quiet. Jiiauiing:, 3uc. DAILY METEOROr.CKilCAL, REPORTI POBTUSD. Auk. 9. Maximum temper ature, degrees: minimum. Gil degrees. Klver reading at S A. M., 8.4 feet; change In last 24 hours. O.o foot fall. Total raintall 5 P. M. to 5 P. 21.), none; total rainfall since September 1, 1911). 35.51 ilncnes normal rainfall since September 1. Itff9. 44.i4 Inches; deficiency of rainfall since aeptemDer l, w.13 Inches. sunrise. 5:it.l A. M. ; sunset. 7:30 P. M, Total sun shine August 9, 9 hours 42 minutes; pos sible sunshine, 14 hours 27 minutes. Moon rise. 12:20 A. M. ; moonset, 8:33 P. SI. Barometer reduced to sea level) at 5 P. M.. 29.90 inches. Relative humidity at 5 A. M., 72 per cent; at noon, 67 per cent; at 5 P. M.. 47 per cent. Last High. low. Sale. 70 75 70 .12 SO 31 i 133 133V 133 ! 74. 73 74 68 65 69 94 81V 93 54 53 53 11 116 116 78 75 78 96 95 95 74 73 73 11 11 11 50 49 50 79- 78 79 140 130 135 104 1 00 103 33 32 33 70 68 69 17 16 1-6 23 23 23 110 114 115 50 49 60 85 80 81 58 53 54 33 32 S3 6S 67 68 31 32 33 25 24 25 30 3i 30 85 83 84 128 123 127 38 36 38 12 12 12 I 138 136 i:mi 2 19 20 72 71 72 31 30 3( 45 43 44 73 71 73 17 16 17 74 71 73 17 17 17 23 22 23 95 94 94 152 148 150 18 18 18 12 11 11 38 37 87 11 10 10 71 70 70 33 33 33 89 87 8K 73 71 73 3 3 3 28 28 28 79 75 77 40 40 40 14 13 13 . 87 80 8I 79 7-6 78 72 69 71 8 8 8 60 56 59 25 23 24 91 89 91 27 2 21 105 105, 105 62 59 61 42 40 41 3 31 32 . 61 59 m 10 9 10 116 114 115 56 55 55 80 78 79 62 59 59 82 80 82 85 83 85 105 105 105 60 5C 56 82 82 ' 82 46 45 45 16 15 15 MARKET lROPS WITH RUJf OVER SCXDAT. BIG Eastern lambs Again Offered and Sell at Prices in Une With Valley Stock. " ' There was a very active market at the stockyards yesterday. Arrivals over Sun day were 133 loads, of which 22 loads of Mttle and one load of hogs went through. I-ambs from east -of the mountains made their appearance on the market and sold at J9.50 and 10. As 'these are the first eastern lambs to come In since the be ginning of August, the drop in prices Is not as radical as It seems, as the valley lambs that have been offered in the mean time have steadily declined. Cattle were weak throughout the day and steers were 50 cents lower all around. The better grades of cows and heifers also declined a quarter. Hogs were steady and unchanged. Receipts were 2090 cattle 09O calves, 839 hogs and 2285 sheep. The day's sales were as follows; Wgt. Jr. BONDS. U S Lib 3s... 90.821 Anglo-Fr 5s do 1st 4s. . . .84. .ill do 2d 4s 84.40 do 1st 4s. . .85.40 do 2d 4 Vis . . .84.501 do 3d 4 s. . .88.5(1 do 4th 4s. ..85.04 Victory 3s do 4s .. U S 2s reg. .. do coupon U S 4s reg. . . do coupon Pan 3s reg. . do coupon 99 A I fc 'I- CV OS . 95 Atch gen 4s ... 76 D & R a con 4s 62 NYC deb 6s. . 88 N P 4s 75 N P 3s 54 ..95.64) Pac T & T 5s.. l ..95.661 Pa con 4s...88 100 S P cv 5s 94 wi o rcy as 82 81 v. 105 1115 .77 ..77 U P 4s U S Steel 5s. . . . Bid. Mining; Stocks at Boston. BOSTON, Aug. 9.- Ariz Com 8!Oid Dun 21 Calu & Ariz 52 Osceola 38 Calu &. Hecla. .291 Qulncy 45 Centennial .... 11 Superior ...... 4 Cop Range ... 35 Sup & Boston.. 3 Kast Butte -9 I Shannon 1 Franklin .. 51 iL'tah Con 6 Isle Royalle 27'Winona 25 Mohawk 59 Wolverine! 12 North Butte .. 12"Greene Can . . . 24 8 steers. 2 steers. 9 steers. 831 21 steers. 1007 5 steers. 1008 28 steers. 1038 41 steers. 86 5 steers. 908 17 steers. 1063 3 steers. 936 2 steers. 1190 13 steers. 1103 4 steers. , 91 o 3 steers . 950 7135 S 0.5lI fliu U.GIII 6.50 7.25 8.50 8.40 6.75! 8.00 8 50 8.00 8 25 9. 1 bull. .. 1 bull... 1 bull. . . 1 bull... 1 bull. . . 31 mixed. 10 mixed. 50 mixed. 29 mixed. 8 mixed. Ill mixed. o mixed . 7.50'12 mixed. 9.OO10 mixed. Wgt. Pr. 1230 S 5.00 "I 6.UO 4 steers. 1197 lO.OOi 8 mixed. z steers. 8lio 6.50146 mixed : steers. 1000 8.00171 hoga. 910 1510 i::::o 883 827 475 859 50 791 72.9 427 8.!3 933 423 5.0TI 5.25 5.25 7.00 6.25 7.60 6.75 7.65 6.75 6.75 6.25 son 6.65 5. HO 2 steers. 5 steers. 1030 908 2 steers. 1045 2 steers. 5 steers. 2 steers. 8 steers. 32 steers. 10S3 23 steers. 101 fl 2 steers. 4 steers. 3 steers. 29 steers . 14 COWS. . 3 cows. , 2 cows. . ft COWS. . 8 cows. . 30 cows. . 14 cows. . 3 cows. . 2 cows. . 11 eows. . COWS. . 18 cows. . 2 cows. . 1 1 cows. . 18 cows. . 5 cows. . 2 cows. . 2 cows. . 14 cows. . 10 cows. . 30 cows. . 26 cows. . 2 cows. . 4 cows. . 3 cows. . 4 cows. . 16 cows. . 4 cows. - 5 cows. 790 7!0 975 917 965 955 070 855 960 706 1003 893 822 93.8 f:;o 893 1113 1033 925 1004 1090 910 s.- lOSrt 915 !r,3 It72 1107 822 998 910 885 876 RO0 1051 495 7 00 8. on 8.501 t.oo; 6 2: 8.50, 8.50 9.7 9.m 8 00 8.00 6. no 6.7 6.751 6. 7.00 7.2 0.65 11 hogs. 2 hoir... 1 hog. . . . 69 hogs.. . 7 hogs . . an hogs.. . S hogs... 2 hogs. . . 2 hogs. , . 11 hogs. . . 12 hogs . . 1 hog. . . . 12 hogs. . 1 hog. . . . o hogs.. 6 50I 1 hog. . . 3 hogs. i:9 In nibs. 7 lambs. . 271 iambs. 7.00277 lambs. 6 00 4 lambs. . 6 75;106 lambs. 6. 00: 45 lambs.. 6.7571 lambs.. 6.75 1 . we 6.75! 1 ewe.... 0.75114 ewes. . . 7.WH24 ewes.. 2110 IS. 75 295 16 75 185 14.00 16(1 18.75 207 18.40 294 10.40 2(7 18 50 201 10.30 110 17.00 190 18.50 L10 18.75 157 18.50 190 18.00 2i4 18.25 290 16.00 117 18.50 280 17.75 320 18.25 ..-0 7 0OI 6. 0O 7.0 5.75 6.00 6 7: Scows.. 685 2 cows. . 980 2 cows. , 805 16 cows., 925 4 cows. . 755 6 cows. . 861 26 cows.. 95 Scows.. 830 6 cows. . 1036 8 cows. . 963 2 cows. . 1100 28 cows. . 940 3 calves. 203 2 calves. 325 1 calf.. . 200 1 calf. . . 380 1 calf.. , 3t;o 1 calf. . . 290 2 calves. 385 17 calves. 237 53 calves. 208 41 calves. 218 1 calf. . . 170 18 calves. 150 1 calf. . . 3so 7 calves. 293 1 bull... J490 1 bull.. . 1460 4 bulls.. 1087 7 hulls.. 1500 1 bull.. . 1100 1 bull.. . 1 100 1 bull.. . 1320 lhull... 1430 1 bull... 1275 1 bull.. . 1O00 lbull... 1170 1 yearl. . . 24 yearl. . . 7 yearl. . . 56 yearl. . . 50 yearl. . . 73 wetti'i. 0 0o 1 witlit r. 0.0O! S mixed. 6 75 1 buck... 6.75 1 buck... 6 5024 steers.. 6 751 2 steers.. 6 50; 18 steers.. 6 5027 steers. 3.00 5 steers.. 6.25 2 cows. . 6.25) 1 cow. . , , 5. 00! 7 cows. . . 7. 0OI 29 cows. . . 6.10!:::: cows.. . 6. .501 1 cow C 50 3 cows. . . 0 5012 cows.. . 5.00J 9 cows.. . 6.7514 calves. 15 501 2 calves. 5 15.50' 5 calves. 7.65114 calves. 9 00 5 calves. .8.5(1 1 bull . .. 1 .0031 mixed. 04 71 70 no 74 88 70 m 120 99 140 100 . "4 88 98 93 194 140 113 180 160 9 50 9.50 9.00 9 50 0 50 8.50 10.00 3.50 6.00 3 50 5 0O 7.00 5.75 6.75 7.00 7.00 6 00 6.50 6.00 5.00 3.50 1205 10.00 965 8.00 1205 1035 1134 1045 1(180 847 900 885 890 n6 11)37 9.50 8.85 7.50 7.35 7.35 7.35 7.50 7.00 7.55 7.50 1.3.1 CBTICAGO. Aug. 9. Lessening: e-f war tension today eased th. wheat market and with welcome rains led to material setbacks in the vatus of corn and oats. Wheat closed steady, unchanged to lc lower, corn off 2c. oats down 02c and provisions at a decline of 17 to 60 cents. - At first, wheat had an upward ten dency as a result of buying ascribed chiefly to Russian refusal of the British overture for a ten-days' truce with Po land. It soon became apparent.- however, that the current orders to purchase lacked sufficient values to uphold any advance. Weakness of sterling exchange counted also against the bulls and when about mid day a rumor spread that a four-day ar mistice had been agreed to, the market sagged under Saturday's finish. Oats merely reflected changes In corn. Provisions were dull. - The Chicago market letter received yes terday by Overbecs. A Cooke company of Portland said: Wheat European political develop ments over Sunday stimulated buying of futures and the early advance was rapid with pressure light. The market reacted to around Saturday's closing prices on intimations that an armistice might be called at any time, but there was a noticeable indisposition to press the sell ing side. Other news was of a more bearish- tenor, cash wheat following the futures here, hut weakness in outside markets and prices generally 8 to 5 cents lower. The British commission was still out of the market and no export busi ness reported. Corn Short covering and a sharp ad vance took place at the opening only to be wiped out with equal rapidity, when the tone of foreign advices suggested an early, .armistice. One report had it that Russia had agreed to a four-day truce, but this tailed of confirmation. Cash corn started atrong with early sales lc to 2c higher at the opening, but eased with futures and lost the advance. The weather map was very favorable, show ing good ruins in Illinois, Ohio. Missouri and other sections where needed. Some very optimistic advices were received from the surplus states, especially Iowa, with an estimate of 450.000.000 bushels for that state. The forecast Is for further showers, which are most desirable. Not withstanding the bearishness of the do meatus situation, we doubt the advisabil ity of taking an aggressive position on ! the short side of the market until more is known of the outcome of the present disturbing foreign affairs. Oata After advancing early with other grains,, an Independently weak market developed. Influenced by a further sharp reduction in cash premiums to only 8 to 5 cents over September for No. 2 white, comparing with more than 10 cents pre mium iast week. Threshing returns are said to be shom-lng a very large yield and It is the opinion that today's gov ernment report may not fully confirm the actual out-turn. Rye Active commission house Imylng gave the market a strong tone early In the day, but pressure increased later and the close was rather weak at 5 to 5 cents below the top. The sbsenre of ex port buying was a depressing Influence. Provisions Support was lacking and scattered liquidation sufficient to give the- market a weak . tone. Cash trade remains small and distributors are get ting discouraged. The position of prod ucts in general Is against a sustained advance in price. Leading futures ranged as follows: WHEAT. Open. High. 2.39 CORN. 1.50 -.1.27 OATS. Ttl .74 TO .72 MESS PORK. 25.25 24.75 202 6.40 12.00 206 1350 192 15.50 219 13.50 825 9.00 214 13.00 221 13.50 231 8.00 144 14.00 13CO 6.00 903 6 40 815 6.50 Sii5 6.50 3KO 16.50 190 18.50 180 18.50 160 16.50 208 18.25 135 15.00 207 18.50 "143 1S.50 182 18.50 2.'.8 10.50 32 16 25 181 18.50 184 1S50 State Facts to B Taught. ELLENSBTJRG, 'Wash., Aug;. 9. Re sources and lndrustries 01 the state of Washington will be taken up at a series of assembly 'lectures at the Washing-ton State Normal school here this fall, in continuation of the "Know Tour State" campaign, carried on in the school last year. George H. Black, president of the school, has announced that a1 number of speakers, represent ing industries in -several sections of the state, had already been secured. and that others were being added The course will run through the en tire school year. 1 the windshield entered his head. His left leg; is broken below the knee in three places, and in one place above the knee. 92 0 0 Extra Prize Money Added. CHEHALIS, Wash, Aug. S. (Spe cial.) Owing- to the fact that more than $200 extra prise money has been put tip for exhibits In the poultry department, at the coming- South western Washing-ton fair, more In terest than ever before is expected. Thomas P. Horn is superintendent and Indications are for a very fine ehow. Poultry is taking- a front rank as one of Lw is county's greatest industries, hence the special Interest in the mat ter at this time. Stood Ttiver Artist Returns. HOOD RIVER, Or, Aug-. 8. (Spe cial.) Anthony H. Euwer, poet anl artist, who haa been abroad in war work, haa returned to spend the sum mer on the ranch of his brother, Egriene C. Euwer. Read th Oreeronian classired ad. Chelialis Man Is Injured. CHEHALIS. Wash, Aug. 9. (Spe cial.) E. R. Patterson is In a local hospital suffering- from what may prove fatal Injuries received here yesterday when an auto driven by him was hit at the West street cross ing by an O.-W. F-. & N. passenger train. Patterson's skull is said to be fructured, and a piece of glass from Dee March. . Sept. Dec. Sept. . Dec. . 12.35 2.3S 1.48 1.23 Low. 2.31 2.35 1.43 1.21 .70 .69 Close. $2.32 2.35 1.43 1.22 .70 .69 Sept... Oct.... 25.0B 25.90 5.25154 hogs. . 6 00 1 hog. . . . 5.00128 hegs. . . 6.0012 hogs. . , 5.001 9 hogs. . . 5 50i23 hogs. . . 5.50I 5 hogs. . . 5.7511(1 hogs. . . 5.50110 hogs. . . 5.00115 hogs. . . 5.00U2 hoe-s. . . Official quotations at the Portland Union stockyards were as follows: t.holce grass steers Good to choice steers. . . Medium and good steers..... Fair to good steers Common to fair steers....... Choice cows and heifers Gcod to choice cows, heifers. Medium to good cows, heifers Fair to medium cows, heifers Canners STATIONS. Wind Corn . Oats . K e Barley 5. 07. 000 . ... 3.010.0110 . ... 1.1I94.OO0 2.&41.U00 465.000 1 46.0O0 501. 00 II 3-J3.0O4 "Increase. Bank Clearings. Bank clearings of the northwestern cities yesterday were as follows: , Clearings. Balances. Portland J6.741.818 .1.811.711 Seattle 7,HO.Sl! 2.371.913 Taeoma 6M2.705 123,731 Spokane 3,082.116 753.302 PORTLAND MARKET QCOTATIOXS Grain, Flour, Feed. Etc. Merchants' Exchange, noon session: -Hid- Wheat Hard white ..... Soft white Hard winter .... R-d winter Northern spring Red Walla . Oats No. 3 whit. .... Barley No. i blu. ..... Sept. ..2 27 . . 2.25 .. 2 25 . . 2 25 . . 2 26 . . 2.23 Oct. $2.27 2 25 2.25 2.25 2.2 2.23 Aug. .47.50 Nov. 12.27 2 25 2 25 2 25 2.26 2.23 Sent. 48.00 4.6.00 THE WEATHER. Baker 601 74 0. 26; . . iSE JCloudy Boise 64 86 0.1MJ 12 XVV'Pt. cloudy Boston 72i 92 0.00 12 SW IPt. cloudy Calsary .... 60 72 0.0Oil0iE ICloudy Chicago .... 70! 84 0.O0I. .)W IPt. cloudy Denver 60 80 0.011 . .ISW Rain Des Moines. B4, 88 0.00 . . is W IPt. cloudy Eureka .... 54 620.OO . JN Clear Galveston ... 72) 84 0.0210'S fClear Helena I 62! 70. 24: . . iNWRaln Juneaut ... 40;6S O.lMlj. .. . ..K-lear Kansas City 68i S4i0.18 . .SE Pt. cloudy L. Angeles.. 60l 84n.O(). .JW k:iear Marshfield .. 56 74 0.02!. .INW Clear Medford ... 57l 92 0.021 .. NW. Clear Minneapolis C2I S6 0. 0OJ . . !W Clear New Orleansl 72i S4 0.24 ..'S .ICloudy New York.. I 721 S6 0.0O22.S IPa. cloudy North Head Phoenix Pocatello Portland -.. Roseburg Sacramento St. Louis. ... Salt Lake... San Diego. . S. Francisco. Seattle .... Sitkat Spokane ... Tacoma Tatoosh led. Valdest Walla Walls Washington Winnipeg .. Yakima .... 541 66 0.001.. W IClear 82 104 O.oo' . .W Pt. cloudy 64l 82 0.Ol;10PE Pt. cloudy 64 82 0. 001.. ISW Clear 60! 86O.OO10jNE Clear 8 OS 0.0O:..!s Clear 64: 86 0. Oil.. !S Rain 641 86 0.26 70 SB Cloudy 661 78 0.00! . . ISW IClear 52 : 64 O.C.O 24 'SW IClear ,MW 62! 82 0.001. 44!66 O.OOI . . 1. . .. 741 SO 0.0S 14 621 82 0.00 12 ar 54! 60 0.00!2l)j 3S;...0.00I..8W 74: 76 0.4S!. 'NE 701 RS 0.021. . 3 62: sso.oo iaiN Clear Cloudy Rain Pt. cloudy Clear Clear Cloudy Cloudy Clear tA. M. today. Ing day. 6S1 82 0. 00i.. ISW IPt. cloudy P. M. report of preced- FORECASTS. Portland and vicinity Unsettled; west erly winds. Oregon and Washington Unsettled, probably thunder storms in the mountains; moderate westerly winds. Idaho Tuesday unsettled; probably taunaer storms a u. mountains, Money, Kxchange, Etc. NEW YORK, Aug. 9. Mercantile paper. 8 per cent. Exchange, weak. Sterling, demand, $3.62; cables. $3.63. sVrancs, demand, 7.18; cables, 7.20; Belgian francs, demand, 7.74; cables. 7.76; guilders, demand, 33.12; cables, 33.25; lire,- demand, 5.04; cables, 5.06; marks, demand, 2.15; cables. 2.15; drachmas, 8.33; New York exchange on Montreal 11 per cent discount. Time loans strong; 60 days, 90 days and six months, 9 per cent bid. Call money steady. mgn 7 per cent; low, 6 per cent: ruling rate, 7 per cent; closing 'bid, 6 per cent; offered at 6 per cent last loan 6 per cent. Bar silver, domestic. 99 c; foreign, 96c M-exlcan dollars, 73c. LONDON. Aug. 9. Bar silver 59d per ounce: money 5 per cent; discount rates. short bills, 6 11-16 per cent; three months bills, 6 per cent. Swift Co Stocks. Closing prices of Swift & Co. stocks at PhlmzA were reported by Overbeck & Cooke company of Portland as follows: Swift At Co nJ Swift International 29 Libbv. McNeil & Liboy li1-! National Leather v.. 9 SAN FRAXISCO PRODUCE MARKET Prices Current on Vegetables. Fresh Fruits, Etc., at .Bay City. SAN FRANCISCO, Aug. 9. Butter, ex tra grade, 60c; prime firsts, nominal. Ess Kresh extras, 59c; first, nominal; dirty. No. 1, 54c; extra pullets, 52c; undersized pullets, 39c. Cheese Old style California flats, fancy, 32c-; firsts, nominal; young America, fancy, 36c. Vegetables Beans, 45c lb.; lima. 8 10c; bell peppers, lug box, river, 35 4 75c; chile, 35&75c. Tomatoes, 50cfe$l.O0 box; fancy, $1.25-1.50 lug. Cucumbers, 40y 60c lug; a few at 75c Eggplant, lug, 75c fe$L0O. Peas, lb., 7310c. Summer squash, lug, 4u65c: Italian squash, 5U&65C Corn, sack. $2.00to3.U0. Celery. $6.UO 6.50 crate. Potatoes River. $2.5U3.25; Colma. $4.00 $4.25; Salinas, $4.oo$4.25; sweet potatoes, 12 & 14c lb. Onions Yellow, $1.50g2.20; red 75c 0 $1.25. Fruit Strawberries, 8-ox. baskets. 50 65c oer drawer; 12-os. baskets, 75&9uc; do, crates. $2. 00; raspberries, 759uc per drawer; UiacKDerries, i uuwu.uu per cnest; Iogans. $10.0013.00: Turlock cantaloupes, standards. $1.50$pl.75; fiats. 60&65c: ponies. $1.00 1.5o; watermelons, 2402c per lb. Bananas, central Americans. 8'a 9c per lb.; Hawaiian, 9&10c; Valencia or anres. $4.50fe6.25; lemons, $1.5ox3.75: grapefruit, $3.004.25; apples, red astra- chan, 4-tler. $l.oorl.; 4-tier. $1.75f 2.25: gravensteins. $2.50 2.75 for 4 tier; $2.25 2.&U lor tier; f.toi&A.uv ror 3 tier; peaches, per small box, 90c tij $1.25. Including wrapped ba&kets, 75o&$l.25; L. A. lugs. $1. SO 1.75: large lugs. $2.00j2.25: plums. $1.25J1.75 per crate or box: fancy varieties. -.nu; prunes, .i.ooin.o ror Bulls Choice- dairy calves .... Prime light calves Medium light calves .... Heavy calves Best feeders , Fair to good heifers nogs Prime mixed Medium mixed ., Smooth heavy , Kougn neavy Pigs , Sheep . East-of-mountain lambs Valley lambs Cull lambs Ewes Yearlings wethers $ 9 5010.O0 8.00 9) 9.00 S.OO& 9.00 7.00 8.00 6 00 4 7.O0 7flO 7.50 6.50fai 7.00 5.50 6.50 4.50S 3.50 2.50 a 4.00 5.00 6.00 13.00 15.50 11.50 e 13.00 9.0OS11.0O 7.00 9.00 7.50 5 8.00 6.00 7.50 18. 0O 18. 50 17.50 iS 18.00 14. 50 (916.50 12.00014.50 13.50 16.50 osnai 10.00 9 .00 ffi 10.00 6.00 1& 8.00 2.25 8 6.00 6.00 (t 7.25 6.UU0 6.50 Sept. Oct. . Sept. Oct. . . 19.00 LARD. 19 00 Chicago Livestock Market. CHICAGO. Aug. 9. Cattle rtf.lnt. 1 !E - 000: good and choice steers steady to shade nigner. tarly top. 117.10 ; bulk choice. JlS.25ie.85; good beeves, 1515.'75; grassy steady, mostly $9.50014.50. First Montana run on sale: Bulls steady to strong, bologna, $6.5O7.50; good and choice cows strong, $10 12.50: canners, $4 &4.50; in-between grades slow, $68.50; calves slow to low-, general trade 50 cents lower. Hog receipts 82,000, steady to 10 cents higher; poorer grades up most. Early top. $16.35: bulk light and butchers, $15.30 &16.25: bulk packing sows, $14614.40; pigs steady to higher. Sheep receipts 26.000; choice lambs scarce, slow to lower; medium native and western sheep 25 to 35 cents lower. Good Montana wethers, $8.75; feeders steady; good to choice feeding lambs, $11.50212. Omaha Livestock Market. OMAHA, Aug. 9. Hog receipts 5500, market 15" and 25 cents higher on com mon grades; slow, steady to 25 cents lower or. medium and light butcher; bulk, $14.25 015: top, $15.50. Cattle receipts 7600; beef steers and butcher stock steady to 25 cents higher. Best fed steers, $15.40; bulls and' veals steady; stockers and feeders, 25, to 60 cents higher; best feeders, $12. Sheep receipts 25,000: choice fat lambs scarce; market on killing classes opening steady; best range lambs, $13.75; feeding grades steady to strong. Kansas City livestock Market. KANSAS CITT, Mo., Aug. 9. Cattle 2300; native steers, open steady to strong, later weak; top. $16.10; quarantine steady at $10 12.40: she stock and stocker steers, steady to weak; csnners, bulls and feeders, steady; calves, steady to 50c lower; best vealers, $12.50 IS; bulk medium and heavy weight, $89.50; stock she stuff, strong. Sheep. 8000 weak; western ewes. $7.85: lambs, weak to 25c lower; best' native, I $13; Idaho, $12.75 straight; feeding lambs,; Wouc tower; xexaa teeaers $11. Seattle Livestock Market. SEATTLE, Wash., Aug. 9. Hogs Re ceipts 118, firm. Prime. $18.50$19; me dium to choice, $1718; rough heavies, $15.50 16 5$1; pigs, $13. 50015. Cattle Receipts 570. weak. Prime. $1010.5O; medium to choice, $8.509.50; common to good, sifrv; best cows and I8 60 1S..75 ' 19.20 19.00 19.0a SHORT RIBS. ' 15.60 15.32 15.S7 15.90 15.90 15.72 raah nrici were: Wheat No. 2 red. $2.43 2.47; No. 2 hard, $3.432.47; No. 2 northern spring, $2 70 Corn No. 2 mixed, $1.631.57; No. 2 yellow. $1,566 1.58'4. . ' Oats No. 2 white, 75 80c; No. 8 white, 7176c. Rye No. 2. $2 ft 2.05. Barley 95c ? $1.15. Timothy seed $S11. Clover seed $35. Pork Nominal. Lard $18.60. Ribs $15 6.16 San Francisco Grain and Hay. SAN FRANCISCO, Aug. 9 Hay Fancy wheat. $27Z9: do (light five wire bales) $2426: tame oat hay. $24(928; wild oat hay, $18(&20: barley hay, $1821: alfalfa hay. first cutting, $18 23; do, second cut ting, $22p;:6; Seattle Feed and Bar. BRATTLE. Wash.. Aug. 9. City de livery: Feed Scratch feed, $81 ; feed wh,nt. S93: all grain chop. $78; oats. $75; sprouting oats. $78; rolled oats. $78; whole corn. 193: cracked corn, $S1; rolled barley, 70; clipped barley. $75. Minneapolis Grain Market. MINNEAPOLIS, Ang. 9. Barley, 87c $1.08. Flax. No. 1. $3.31 3.33. Coffee Under 9 Cent Level. NEW YORK. Aug. 9. Still lower levels were reached in the market for coffee fu tures in today's early trading with Sep tember contracts breaking below the nine cent level for the first time since the war. The general market opened at decline of 35 to 60 points and September sold off to 8.45c or 74 points net lower, wnne u cember touched 9.20c, Nervousness over European affairs and the early weakness of foreign exchange, combined with the easier ruling of the Brazilian markets caused Wall Street and trade liquidation. The decline, however, brought In covering m-hich seemed to become more active fol lowing reports that an American im Dorter had purchased 160.000 bags of valorization coffee and rumors of a firmer FACTS NO. 547. A SMALL1 PERCENTAGE Only one-tenth of the road mileage, totaling 2,500,000 miles, is improved. 50,000 miles per year should be improved if substantial progress is to be made in this form of development The people of the country are sroused as to this necessity and are insistent that the roads be paved with . . BITULITHIG WARRE BROTHERS COMPANY. boxes and baskets; pears. Bartlett. $2.75 1 heifers, $77.50; medium to choice $5 50 ' 63.25 for wrapped: 1.752.00 for No. 2; I $6.50: medium to good. $4.5085- bulla. ' figs, double layer. $2. 00 2.50; white, J1.50; $sf ; csves, TU " " , We Have for Sale KO New World Life Ins (11.00 1000 Bankers & Merc Pete. . . . 1.0O lOOO Alanka, Coal & Pete 18 SOOO Queets Trading Co 094 10O0 Idaho Gold at Ruby...... .19 30 Bankers Mortgage Corp . , bid 25 Amer. Lifngraph 17.50 SOOO Baker Steam Motor 05H Headquarters for the sale or purchase of IIBERTT BONDS. Herrin S RHODES'iNfr! . ESTABLISHED ISM. STOCKS and BONDS.. Bail way Kxchange Bldg. Main ISS. '. Members Chicago Board of Trade. . Province of British Columbia 5-year 6s at 92.85 3 4 Denominations 95O0 V10OO Dated July 27, 1920. Due July 27, 1925. Principal and semi annual Interest payable In U." S. Bold In New York. Cash or Partial Payment Plan Bonds now ready. Wire orders "collect." to yield fl tee $30,000 TAX EXEMPT: Caribou County; IdaKo Road, Bridge and Court House Bonds Yielding 6' GENERAL OBLIGATION OF ENTIRE COUNTY Dated May 1, 1919 Doe Serially 1929-38 Denomination $1000 - Price 100; yield Principal and Semi-annual Interest Payable in New York or at Morris Brothers, Inc. QARIBOTJ COUNTY has an ai.reage of 5,500,000 tribo- tary to Soda Springs, connty seat, no less than 50,000 of which hve been actively farmed for years, yieldiniT large diversified crops. Property estimated to Be Worth $10,000,000 Secures This Issue of Bonds. Telephone or Telegraph Orders at Our Expense MORRIS BROTHERS, Inc. TBe TrernJcr M nniclpsl nvnd Home Between . Established Over Mnarter of si Century. TVlphntie, Btk nd Sth . M.rrli Bldg :ll-ll Stark SC Broadway Streets CapltaJ One Million Dollars. 2151 S3EJS "co- Mam 6-4-6 MOKTMWtrrTRH BANK BLO. HALL & COMPANY BUT AND SELL. Railroad Public Utility Industrial Municipal BONDS YIELDING 5 to 7 Foreign Government Loans Local Securities Preferred Stocks Lewis Bldg., Portland, Or. $680,000,000 i is the assessed valuation of this great empire one noted for the production of the world's high est grade wheat. Province of MANITOBA 5 Year 6 Gold Bonds 734! Price 92.86 To Yield Order by Phone, Wire, Letter or Call Undor- nporvlSioTL. Oregon Staiu Danking DejarfjaercL. BONDS, TRUSTS, ACCEPTANCES Lumbermens Bldg. 10 Million Dollars Paid by The American Company to its Policy Holders It is not by chance' but by an experience of over twenty-five years that credit insurance has been developed into a simple, scientific and inexpensive system whereby excessive losses by bad debts are equitably distributed to the benefit and satisfaction of man ufacturers and jobbers. Among the numerous houses that have from time to time been re imbursed for losses when the unexpected came, are the following : Durham Hosiery Mills, Harry C. Michaels, Poel & Kelly, Lemon & Gale, United Alloy Steel Corp., Electric Service Co., Curtis Publishing Co., Jacob Dold Packing Co., - Goldsmith, Stern & Co., Alaska Refrigerator Mfg. Co., California Pine Box & Lbr. Co., Hamilton-Brown Shoe Co., Buffalo Union Furnace Co., York Card & Paper Co., Friedman-Blau-Farber Co., . Seattle Hardware Co., Gordon & Ferguson, Taussig & Co., Arnold Shoe Co., Van Zandt, Jacobs & Co., Richmond Dry Goods Co., Russell Motor Axle Co., - Durham, N. C, $11,771 New York City, 1 1 ,837 New York City, 23,465 Memphis, Tenn., 16,865 Canton, Ohio, 15,479 Philadelphia, Pa., 16,499 Philadelphia, Pa., 34,133 Buffalo, N. Y., 13,576 New York City, 21,596 Muskegon, Mich., 5,543 San Francisco, CaL, 12,577 St. Louis, Mo., 6,347 Buffalo, N. Y., 29,314 York, Pa., 17,562 Cleveland, Ohio, 6,226 Seattle, Wash., 15,585 St. Paul, Minn., 20,183 Chicago, I1L, 7,221 N. Abington, Mass., 19,559 Troy, N. Y., 18,939 Richmond, Vs., 5,127 Detroit, Mich., 12,558 Extract from report of New York Insurance Department. "The finances of the (American) company are in excellent condition, its business it prop erly conducted and its policy holders are receiving proper treatment. Extract from Best's Insurance Reports. "It (The American Co.) has a good reputation as regards claim settlements. ' AMERICAN CREDIT-INDEMNITY CO. of NEW YORK E.M. TREAT, president ISSUES STANDARD UNLIMITED POLICIES H. T. MacRill, General Agent Board of Trade Bldg. Phone Main 1179 Portland, Oregon