Image provided by: University of Oregon Libraries; Eugene, OR
About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Aug. 2, 1921)
THE MORNING OTtEGONIAN. TUESDAY, ATJGUST 2, 1921 ft V K V HEW FRUIT PUCK ' NEARLY ALL SOLD Supply Short of Trades' . Needs; Prices Advancing. taUon lees's. U 12 54 cents' a pound In IOO-pound COMPETITION IS ACTIVE Bliortag Largely Due to Difficulty X Financings Farmers Hard Hit by Cheap Prices. The canned roods market , Is working bot on a different line from what was ex pected. At the opening of the season pessimism was rite and for a time it looked as If there might be no trade at Sill. All this has been changed. The fruit Sack of Oregon and Washington Is now practically all sold and prices are ad vanclng. When the season opened, the trade would hot buy at the prices asked and forced the market down to sach a point as to discour ses cannera Now that the pack is all In. xcept pears, apples and prunes, the buy ers are coming Into the market and try Ins to lay In supplies. As a consequence the competitive bidding is sending prices Upward. The probable output was over estimated to begin with and because of the great difficulty in arranging finances, the ulti mate pack proved to be very small, par ticularly of Royal Anne cherries, straw berries, gooseberries, red raspberries and loganberries. Because of the low fruit prices, a larger percentage than normal f the crop was shipped fresh to local and eastern markets and a short canned goods pack was the result. Bartlett pears have not yet been pscked tout the output Is nearly all sold ahead. The pack of string- beans will be light, wing to dry weather. The larger part of the surplus of canned fruits carried over from last year has been cleaned up and the remainder - is being disposed of. the demand for jams and preserves alone being backward. With a close clean-up of canned goods In the northwest this year assured, the prospect for next season in the packing in dustry Is Indeed bright. Bank Clearing-a, Bank clearings ot the northwestern cities yesterday were as follows: . Clearings. Balances. Portland , I4.S75.975 1. 334.046 Seattle ............... 4,803.306 1.202,529 Tacoma 609.168 115,147 Spokane 1.798,850 684.741 PORTLAND MARKET QUOTATIONS drain. Flour, Feed, Etc Merchants' Exchange, soon session: Bid Wheat Aug. Sept. Hard white . 1.12 1.12 Soft white 1.11 1.10 White club l.n 1.09 Hard winter 1.08 1.08 Northern spring ............ 1.09 1.08 Red Walla 1.07 1.08 Oats No. 2 white feed 25.00 2S.0O No. 3 gray 25.00 25.00 Corn No. 2 B. T. shipment 30.30 .... PLOUR Family patents, $7.80 'per bar rel: whole wheat. 6'-'0; graham, $0.00; makers' hard wheat, (7.25; bakers' blue stem patents. ti.75, valley bakers. 16; straights. 5.7S. MILLFEED Prices f. . b. mill: Mill run, $26 per ton; rolled barley, $35)37; rolled oats. $37: scratch feed. $47 per ton. CORN Whole. $38; cracked. $49 per ton. HAT Buying price f. o. b. Portland: Alfalfa, $15 per ton; cheat, new, $14 ton; clover. $11 per ton; valley timothy, new, (1920; eastern Oregon timothy, $28. Dairy and Country Prod ace. BUTTER Cubes, extras, 84034He per pound; prints, parchment wrapped, box lots, 42c; cartons. 43c Bntterfat. buying prices: A grade, 36c; B grade 34c, Portland delivery. EGOS Case count, 829 34c; candlea ranch eggs. 343Gc; selects. 37 39c CHEESE Tillamook, triplets, price to Jobbers, f. o. b Tillamook. 24c; Young Americas, 25c pound. POULTRY Hens, 15 0 23O lb.; springs. l24c; ducks, 20 024c; geese, nominal; turkeys, nominal.- PORK Fancy, 18c per pound. VEAL Fancy, 14 V 015c per pound. STOCK LIST IS STRONGER BETTER rNTTJSTRIAIj OTJTIiOOK AXD CHEAPER 3IOXEY. Liquidating Movement Spends Its Force, at Least Temporarily; Bonds Tending Upward. NEW TORK. Aug. 1. Trading la the stock market today continued light, but there were evidences of Improvement In virtually all sections of the Use During the early session the market showed strength, with rails In the lead, and although gains of 1 to 2 points were reduced before the close, the finsl quota tions for the most part were higher. Sales amounted to 425,000 shares. The liQuldatins movement among indus trials, a feature of trading during recent weeks, appeared to have spent Its force. for the time being at least. Lower money rates and evidences of a better feeling as to industrial prospects in certain lines prompted a broader inquiry. Late in the day motors were sgaln brought under pressure. Failure of Stude baker to make a better response to its favorable earnlnge statement facilitated the drive against motors and in the re sultant decline Chandler sold off 8 points to 46. the lowest mark of the year. The list as a whole fell in line, easing off in the late trading. A sudden hardening in the tone of money market affected the late reaction in stocks. Call money advanced from 4 V to 5M per cent. Offerings of time money were negli gible. In the bond market the recent upward tendency continued, with increased buying of Investment and speculative lssuea To tal sales, pax value, $13,200,000. CLOSING STOCK QUOTATIONS. (Furnished by Over beck A Cooke com pany. Portland.) sales. United Drug.. TJntd Fd Prod. Vnlted Fruit., tut Rtl" Stores U S Ind Al. .. U S Rubber... do 1st pfd.. XT S Smelting. U S Steel do pfd ..... Utah Cop .... Va Chem .... do pfd ..... Van Steel .... Vivandou .... Wabash do A pfd... do B pfd... Wells Faxgo.. West Pacific. do pfd ..... West Union .. Westh A B444 Westh E A it. West Md .... White Motors. Wlllys-Ovld .. do pfd ..... Wis Central... Woolworth ... Worth Pump.. SOO 400 S.soo 1.300 1.100 4.700 . 100 is.Voo 200 700 1.000 800 4,400 "ioo 1.100 Voo 200 Vo" d 100 900. eon 17 103 55 Vi 5214 64 75 100 4SV 22 64 20 "i" 23 86 43 58 17 102 - . 55 61 tt 53 74 107 47 1 62 28 22 86 43 1.300 SOO 200 40 BONDS. 40 SS 18 102 55 51 53 95 . SO 75 108 47 22 63 20 . V 2 13 59 25 63 83 86 43 10 1 6 28 29 112 40 CATTLE, QUARTER HIGHER HOGS ALSO FIRM AXD PKICES TEKBIXG nnVAKD. U S 2s rer- . do coupon . U S 4s reg. .. do coupon . Pan 8s reg... do coupon . a t & x cv A ten. gen 4s... . 78 U r A R O con 4s 66 U 100 IN Y C deb s.. 100 N P 4s 104 n p ss 104lPac T A T 5s... .77 I Pa con 4s.... ..75 S P cv 6s .100 So Ry Es . P 4s S Steelt 5s. S2H 77 58 83 88 88 85 82 95 Bid. COUNTRY WHEAT MARKETS STEADY Bids on Local Board 1 Cent Higher De cline In Mlllrun. Wheat bids on the local board averaged 1 cent higher than at the last session on Friday. Coarse grains showed little change. A moderate amount of wheat business was reported at country points with prices genorally steady. Declines of $2 a ton on mlllrun and scratch feed were announced by local mills Le Count wired from the northern part of Saskatchewan: "Wheat and oats de cidedly above the average, with heads filling well. Crops need two weeks more fsvorable weather to mature." Broomhall estimated world wheat ship ments last week at 10,831,000 ' bushels, against 12.115,000 bushels last month. Com at 8.418.000 bushels. against 5.583,000 bushels; and oats at 2.803,000 busbe s. against 1.277,000 bushels Terminal receipts, In cars, were reported by the Merchants' Exchange as follows: Wheat Barley Flour Oats Hay Portland- Monday 1R2 Year ajfiro 12 Pea'n to date.ISM) Year ago 1143 Tacoma Saturday .... Year ago. . . Rei'n to date Year ago. . . . Seattle Saturday ... Year ago. . . . rVa'n to date Year ago. . . . 23 8 442 1S6 S3 s 840 01 1 20 1 6 5 .... 4 25 21 S 59 130 16 67 67 . .68 ,. 1 '"i 11 81 7 24 4 110 S 89 1 IT 21 4 4 .... 12 5 149 16 130 10 30 .... 188 WORMY FRUIT WILL BE CONDEMNED County Inspector Walker Warns Loral Re- tall Grocers. Grocers are warned against purchasing auu scaly iruiL, as 11 Will tie Con demned and destroyed. Charles N. Walker, Multnomah county fruit Inspector, has al ready reported the heavy losses to farmer woo nave undertaken to dispose of in fected fruit. Experienced fruit growers, who under stand tne market In Multnomah county, know that It does not pay to sell infected run, as tne iirst inspection Is made at xne Italian rr.arKet at 4 o'clock In th morning, a'ter wlilch time highways from me jarming aistricts are watched, storw puuno mr. treignt sneds ana express company ana coat innuirgs are Inspected, Riving as complete inspection as possible w ftwpinj! out imcctci lruit, said InspeC' tor Walk jr. Growers should understand the state law governing the sale of fruit and not offer iruii tor taie m an infected condition. ADVANCE IN BUTTER THIS MORNING Prints Will Be Two Cents Higher 42 Cents for Plain Wrapped. two-cent advance in print butter will go into effect this morning, according to announcement made by local creamery men yesterday. Plain wrapped prints will sell at 42 cents and cartons at 43 cents. The buying price of butterfat will also be raised two cents to 36 cents for the best grade. Cubes were fii day with extras quoted at 34 cents. 1 no demand for eggs was only fair and receipts seemed to be ample for qulrements. Prices were not materially caanged. Poultry was In sufficient supply and hens were inclined to be weak. Dressed meats were generally steady. Traits and Vegetables. FRUITS Valencia oranges, $66.2S per box; lemons. $11011.50; grapefruit, $3.5010 box; bananas, 10llc pound; apples, new $1.603; cantaloupes, $1.75 4 crate: peaches, 85c $1.75 box; water melons. 24ti3e pound: Honaydev melons. $2.25; apricots, $ltj1.25 box; plums, $1.50 01.76 box: blackcaps, $2 2.25 per crate; pears, $3.7K5 box; blackberries, $1.50 iS 1.75 per crate. POTATOES New. 22o pound. ONIONS California red. $1.75. sack; yellow. $2 sack: Walla Walla. $2. VEGETABLES Cabbage, 4c pound; lettuce, $2.50 per crate; carrots, $2.50 per sack; garlic, 10Q20o per pound; beets. $2.25&2.50 per sack; green peppers, 30c per pound; rhubarb, 64y6c per pound; tur nips, $2.60 per sack; tomatoes, $141.50 ir box; cucumbers, 65 4$ 00c per dosen; peas. 1015c per pound; beans, 1015c per pound; green corn. $404.50 per crate. Staple Groceries. Local jobbing quotations: SUGAR (sack basis) Cane, granulated, $7. OA pound; best, $6.85 pound. NUTS Walnuts, 23025c pound; Brazil nuts. 18020c; filberts. 18c; almonds. 24 3uc: peanuts. 8&llc pound. ".ICE Blue Rose, So per pound: Japaa style. 4e per pound. BEA.V3 Small white. 5e: pink. 8e; Urns; Tc; red, 10c per pound. COFFEE Roasted, bulk. In drums, 14 O 36 c per pound. SALT Granulated, barrel. S3.40C4.J5; hslf ground, ton 60s. $17.25; 10 os, $18.25; lump rock. $26.50. HONEY Comb, new crop, $8.23 per case. DRIED FRUITS Dates, $4.25 6 85 pet box; figs, $3.2565.25 per box; prunes, TO lOo per pounds Provisions. HAMS All sizes, 37l39e; skinned, I4tj 41c; picnic, 20 & 21c; cottage roll, 25c. BACON Fancy, 47 52c; choice, 82 O 87c: standard, 252c LARD Pure, tierces. 16c pound; com pound, tierces. 12c. DRY SALT Backs, 2225o; plates, 18c Hides, Hops, Eie. TALLOW No. 1, 4c; No. 2, per pound. cascaka UAKa x1 ive cents delivered Portland. HOPS 1920 crop. 11913c per pound. HIDES Fresh-cured, 4c per pound; cal; life 12c per pound; kip. 6c per pound. WOOL New clip. 1 - -1 c per pound. MOHAIR New clip, 16c per pound. delivered Portland. LINSEED OIL Raw. in barrels, $1.02; gallon cans, $1.17. Boiled, in barrels. $1.04; 5-gallon cans, $1.10. TURrKMi.Jii in arums, -c; o-gauon cans, $1.07. WHITE lead iuu-id Kegs, izo per pound. COAL OIL Tank wagons ana iroa barrels. 17c; cases. 30 to 37c GASOLINE Tank wagons and lrox barrels. 28c; cases, 40 c n yester and 34 ELBERTA PEACHES ARE IN MARKET First Car of Season Arrives From Cali fornia Melons Sell Well. The first car of Elberta peaches arrived from California yesterday and they were put on sale at $1.75 a box. Oregon peaches ranged in price from 65 cents to $1.25 a box. ,, Five cars of watermelons came in and they sold well at 2 and ' 8 cents a pound. Three cars of cantaloupes also arrived. Cantaloupes were firm at $3.75 and $4 for the best standards. Other receipts during the day were a car each of 'mixed California fruits, oranges, lemons and bananas. 23c pound Agr Chem ... AJax Rubber.. Alaska Gold. Alaska Juneau Allied Chem.. AHU-Chal .... Am Beet Sug. Am Bosch ... Am Can Co... do pfd Am Car A F.. do pfd Am Cot Oil.. do pfd Am Drug Syn. Am Hide A L. do pfd ..... Am ice Am Itl Corp.. Am Linseed .. do pfd ..... Am Loco ..... do pfd ..... Am Saf Razor Am Ship A C. Am Smelter. .. do pfd ..... Am Steel Fdy. Am sugar .... do pfd Am Sumatra.. Am T & T. . .. Am Tobacco.. do B Am .Wool .... do pfd Am W P pfd.. Anaconda .... Assd Oil Atchison ..... do pfd Atl G & W I. Bald Loco . ... Baito & Ohio. do ptd ..... Beth Steel B.. B R T Butte C A Z. .. Butte A Sup.. Caddo Oil . Cal Packing... Cal Pet do pfd Can Pac ..... Cen Leather.. Cerro de P... Chand Motor.. Chi & N W. .. Chi Gt West.. do pfd ..... Chill Cop .... Chlno C M St P. 400 1 00 800 400 200 20O SOO 40O 1,000 High. 34 23 "i 87 32 31 81 27 iis" 200 100 1,100 200 100 200 i.'oOO 100 1,000 1,100 1,900 800 1,000 Vo o 400 33 25 83 102 37 71 Low. 34 23 "i 86 82 80 81 26 124 33 25 83 101 87 71 Liberty Bond Quotations. Range of liberty bond Quotations fur nished by the Overbeck A Cooke company or Portland; Liberty 3s Liberty 1st 4s Liberty Liberty, Liberty, Liberty Liberty Victory Victory High. .88.00 Low. 87.80 2d 4s ... let 4a 2d 4s 3d 4s. 4th 4 (4a 4s .... 8a ....88.00 87.80 ... .87.34 . 87.58 . . . .7.WO ....87.90 ....98.66 9S.66 91.68 87.68 98. 60 9S.64 Close. 87.86 87.76 87.50 87.86 87.62 91.70 87.70 98.66 98.66 Wsrt. Price 8 steers. 1218 $ 5.50 3 steers. 7i0 9 steers. 1100 10 steers. 928 4 steers. 1OD0 . 7 steers. 1278 7 steers. 1067 6 steers. 1118 1183 . 8'.M 868 920 sr 927 . 10SO Kilning Stocks at Boston. BOSTON, Aug. 1. Closing quotations: 69 68 49 105 124 124 72 2S 37 48 104 123 123 71 23 37 8.000 200 ' .1,800 7.7O0 1,900 300 6,(WM 20O 200 1,000 "i.200 4O0 100 2,500 6O0 200 400 400 8,000 do pfd 8.70O DEAL HARVEST WEATHER WIXTER G it MX YIELD S AKE GENKKALY GOOD. Fruit and Other Crops Doing "Well in All Parts of In land Empire. Increase. 6.421.000 871.000 7.648.000 8.089.000 Increase In Wheat Visible. The American visible wheat supply state ment compares as follows: Bushels Aug. 1. 1921 24.658.000 Aug. 2, 11120 17.4S7.OO0 Auk. 4. 1919 20.tiHD.0O0 Auk. 6. 1918 17.158.000 The corn visible is 14-.5G6.000 bushels decrease of 4.144.0O0 bushels; oats. 37. 62.000 bushels, an increase of 582.000 bushels; rye, 1.346.000 bushels, an Increase of. 742.000 bushels; barley, 1.846.000 bush Ola a decrease of 15,000 bushels ' White Lead Declines. A decline of three-quarters of a cent a pound In the price of white lead- in oil was anr.ounced by dealers. The new uuo- A SAFE DEALER TO SHIP TO Veal, Creamery Butter Pork-, Dairy Butter Poultry, Fresh Eggi Storage Egfs Farm Produce, Cheese RTJBY A CO. 1 Front St. Portland, Or. In business sixteen years. Inland Empire crop conditions are re ported by the Oreiron-Washlngton Railroad A Navigation company as follows: Spokane, Wash. Weather ideal for har vesting operations, which are in full blast maximum temperature 95. minimum 50, precipitation trace. Threshing? returns con firm previous estimates. Walla Walla. Wash. Maximum tempera ture 86. minimum 56, rainfall 0.35 in Soli in fair condition. Low range pastures drv. mountain ranges good. Iecrease In cattle, sheep ana hogs. tt!e ana sneep on range. Few hogs being fed for local markets. No change in estimated yields, harvest general and wheat moving freely. Onion movement is heavy at present time. Outlook for other crops good. Weather hot. crops in good condition. Yakima. Wah. Maximum temperature 90. minimum 50. no precipitation. A Buna ance of water for irrigation purposes. Har. vest of wheat now completed. Secongl cut- tins alfalfa now being narvestea. eti mated average two tons per acre. - No change In outlook for fruit crop. Picking of soft fruits now in progress lower val lev. some mixed cars moving. Weather oast week generally warm and beneflcln. to all growing crops. Early potatoes stfll moving to sound market from vicinity around Kennewlck. Pendleton. Or. Maximum temperature 80. minimum 61. Tleld of wheat heavy. Pastures poor except In mountains, al though we had a good rain July 25. .Con dition of all stock good. No other crops but wheat and har. Hay eroo good. Har vest Is on and wheat moving In good quantities. La Grande, Or. Maximum temperature S, minimum M. rain .02 of an Inch. Rain very beneficial to soring grains: also to some 40-fold sown-srrain. Temperature has been warm and some humidity snd some warm nights. Atmosphere now cleared and indications for not . so hot temperature. Haying In full .blast with fine yields of wild snd timothy hay snrl second cuttlnr alfalfa coming along fine Fruit erons. all klmls. Indicate rood vild. Raspberries In full harvest; cherries still harvesting. Condition of livestock and nsstures good. Condon. Or. Temperature from 44 to f4. no precipitation. Pseturest In fair condition. Condition of livestock nearly normal. Con dition of wheat and other crops Indicates (nerease nearly 100 ner cent over last ver. Wht around Condon pretty badly shriveled in places: there will he large qusntlty hut most of It will grade No. 2. Hood River. Or. Maximum temperature 84. minimum 52. no rains. Plentv of water soil In good condition. All fnlt In good condition. Strong winds all week, but very slight dnmaee to fruit crop. Spuds dotns fine. All estimates remain same as formerly glvn. Shanlko. Or. Weather clear, maximum remnerature minimum K4. Soli In good condition. Light rain Monday night helps rrsln in filling out. Livestock in rood con dition. Plenty of pasturage. Rome fat stock moving. Ttoth fall and sprlnr wheat looking well. Harvertlnr will begin about the last of this week. Big yield expected. . Naval .Stores. SAVANNAH. Ga.. Aug. i. Tui penlrne firm. K2e: sales 300 barrels: receipts. 550 barrels; ahtpmenta. 8032 barrels; stock. 8753 barrels. Poertn steadv. Sales. 8BT easks: receipts. 1876 casks: shipments. 2100 rasVs; stork. 87, cssksv. Onofe. B T. K. F. 2 5ft; G, S.5S; H. $3.6S: I, $3.70; K. $3.80- M, $4.06: N. $4.25: WG. $5.05; WW. $5.75. Coco Cola C & O Colo F A I Colo G & E. .. Col Graph . ... Con Gas Con Clears . .. Contl Can ... Contl Candy.. Com Prod ... Cosden Oil ... C R I A P. . .. do A pfd. .. do B ptd... Crucible ..... do pfd ..... Cuba Cane ... do pfd Cub Am Sug.. l)el & Hudson. Dome Mines.. D & R G do pfd Endi Johnson. Erie do 1st pfd.. do 2d pfd. .. Fam Players.. Fed M & Sin.. do pfd ..... Fisk Tire Gaston Wms.. Gen Cigars .. Gen Electric Gen Motors... Gen Asphalt.. Goodrich . .. . uooayear . . , Granby ...... Gt Nor Ore... do pfd Greene Can .. , Gulf S Steel.. Hask Barker.. Houston OH... Hup Motor ,. Ill Central ... Inspiration ... Int Agr Corp.. do pfd ..... Interboro .... do pfd ..... Intr Callahan. Int Harv .... do pfd ..... Int Mer Mar.. do pfd ..... Int Nickel ... Int Paper .... do pfd ..... Invin Oil .... Island Oil ... Jewel Tea ... K C Southern. do pfd Kelly-Spgfld .. Kennecott .... Keystone Tire. Lack Steel . .. Lee Tire Lehigh Valley Lowe Theaters LAN Mex Pet ..... Miami Mid States Oil Midvale Steel. M K & T do pfd . . . . Mont Power. Mont Ward... Mo Pacific ... do pfd M St P ASSM Nat Enamel... Nat ' Lead T.. Nev Con New Haven... Nor A West.. Nor Pacific... Nova Sco Steel N Y Air Brk.. N Y Central.. Okla Prod ref. Ont Silver .... Ont A West... Otis Steel .... Pac Dev Pac G A E. .. Pacific Oil ... Pan Am Pet. 2.400 700 SOO 600 200 1.400 200 ' 100 2,400 1,700 1,000 2O0 2O0 3.400 '3.V06 2.400 3.400 86 7 22 79 39 "oi 12 67 36 iT il3 35 26 50 67 8 17 10 28 43 85 67 "56 89 30 68 20 3 75 64 66 ii' 80 17 86 79 21 78 39 50 12 56 36 il3 34 26 46 67 8 17 10 28" .42 33 67 65" 4 68 30 68 28 33 75 64 65 'l6 28 16 17 17 400 2,000 200 61 14 20 61 13 19 2.600 47 46 10O 7,000 300 8,Vo'6 2.000 28.400 400 Yo'6 100 6.000 600 800 600 100 13 1 120 10 55 82 "l7 27 74 57 11 ." 33 1,300 73 100 200 SOO 400 800 1,800 900 1,300 500 700 400 2,500 800 100 600 1.800 44 14 63 "l6 3 10 25 60 44 19 13 40 64"" 12 ' 10 1 iis 10 63 32 ie 27 73 56 11 95 33 72 44 14 63 'l6 2 9 28 49 42 19 13 39 53 11 26.900 107 104 1,000 600 11 25 10 23 Bid. 34 28 1 36. 31 30 30 26 81 124 109 18 39 . 4 11 63 65 83 24 66 82 100 4 86 71 25 68 68 48 15 124 124 71 97 23 37 100 88 78 21 78 39 62 60 12 4 12 10 57 36 71 113 84 26 47 66 7 17 10 22 28 42 33 66 22 65 4 30 40 68 28 83 74 64 65 80 10 8 17 100 17 1 60 13 20 14 46 21 12 1 67 119 10 64 32 12 16 27 74 20 81 54 66 11 95 83 87 8 11 4 "4 72 99 jo 44 13 62 U0 10 2 9 26 49 42 19 12 3V 27 in 107 20 11 24 Allouez 18 Ariz Com 7 cam & Ariz. .. 48 Calu A Hecla. .222 Centennial Cop Range .. East Butte Franklin .... Isle Royalle . Lake Copper. Mohawk .... North Butte . Old Dom 22 Osceola ........ 25 Quincy 37 Superior ....... 8 8 Sup A Boston.. 1 . 31 Shannon 68 7IUtah Con 8 . 1 1 Winona ........ 43 . 18 I Wolverine 10 Granby Con ... 20 . 47Greene Can .... 17 Money, Silver, Etc NEW YORK, Aug. 1. Prima mercantile paper. 6 916 per cent. Time loans steadv. Sixty days. 6 & 0 per cent; six montbs. u per cent. Call money firmer. High, offered at and last loan, 5 per cent; low and ruling rate, 4 per cent; closing bid. 5 per cent. Bar sliver, domestic. 99 c: foreign. Blc; Mexican dollars, 47c Swift & Co. Stocks. Clostnr nrlcui foe Swift Jft- Cn stnrV at Chicago were reported by the Overbeck t-ooKe company at Portland as follows: Swift A Co. 95 Llbby. McNeil A Libby 8 National leatner 8 Swift International 23 Foreign Bonds. ' Foreirn bond ouotatlons furnished bv the overoeck A Cooke company of Portiana: Russian 5As. 1921 . Russian 5s, 1S2S Russian 6s. 1019 French 5s. 10S1 .. French 4. 1917 ... French 5s. 1920 . . Italian Rs. J18 .. British 5s. 1022 .. British 1927 ... British 5s. 1929 ... British ref. 4s ... Belgium rest 5s ... Belrlum prem 5s . German W. L. 5s . Merlin 4s Hamburg 4s. ..... Hamburg 4s ... T.eipsig 4s ...... T.einsig 5s Mtmlch 4s ...... Munich 5s Frankfort 4s Jap 4s Jap J-t 4s Jap 2d 4a Paris 6s IJ K 5s. 1021 .. TT K 5. 1022 TJ K KHs. 1929 ... U K 5s. 1937 Bid. .. 12 .. 4 .. 15 .. 68 .. 4.-, . . 7 .. 31 . .302 . ..ir.6 ...148 . .267 . . 85 .. 60 .. 9 .. 10 .. 11 .. 11 .. 12 .. 12 ..12 .. 13 .. 12 .. 70 . . 85 . . ss . 90 ' f)9 1 !M 87 Ask. 18 5 39 67 46'ti r,s 32 372 RtV6 3.-.S 277 68 72 10 10 11 12 13 13 13 14 1 3 Tl 85 M 85 1 IOO 98 S1 87 Foreign Exchange. Foreign exchange rates at close ;of bus! ness yesterday, furnished by Northwestern National bank of Portland. The amoun quoted is the equivalent of the foreign unit In cnited statea zunas: Country, unit Austria, kronen Belgium, francs Bulgaria, leva Czecho-Slovakia, kronen ...... Denmark, kroner England, pound sterling ...... Finland, finmark France, francs Germany, marks ...... Greece, drachmas Holland, guilders Hungary, kronen taiy. lire .Tugo-Slavia, kronen .,.. Norway, kroner Portugal, escudos ............. . Rumania, lei Serbia, dinara Spain, pesetas ................... Sweden, kroner .witzerland. francs China: Hongkong, local currency. Shanghai, taels Japan, yen NEW YORK, Aug. 1. Exchange steady. Sterling, demand, $3.56; cables, $3.56 demand, 7.62c; cables, francs, demand, 7.88e Guilders, demand, 30.68c Lire, demand. 4.24 c; Marks, demand, 1.23c; Greece, demand, . 5.43c. 20.30c. Norway, demand, 12.67c Argentine, demand. 29.12c. Brazilian, de mand. 12.25c Montreal, 10 11-18 per cent discount. 400 46 700 7O0 . 200 "206 IOO 1.100 10O 8.700 100 2.500 2.500 do B 1.20O 4.200 2.30O 200 800 ,800 200 9,000 200 600 Penna Peo Gas Pere Mara. ... Phlia Co .... Pure Oil Pierce Arrow. Pierce Oil . . .. Pitts Coal ... Pitts A W Va. do pfd ..... Pr Steel Car.. Pullman Ray Con Reading ...... Replo Steel .. Rep I A S. . . . do pfd ..... Rep Motors . . Ryl Dutch Oil. Ry Steel Spg. . Sears Roebuck Shattuck Arls. Shell TAT.. Sinclair Stand Oil Cal. Sloss Shet ... So Pacific . . ., So Railway .. do pfd ..... St L A S F... Strom Carb . . Studebaker ... Swift A Co... Tenn C AS... Texas OH Texas Pae . . .. Tex P C A O.. Tob Prod Tr Contl Oil.. Union Oil Del Union Pac ... United Alloy.. 21 41 69 74 10 17 78 72 2 53 87 60 43 88 66 21 80 26 15 7 64 28 1.000 600 800 2.200 68 93 12 70 1,100 47 6,000 300 1.400 4.700 700 100 7,300 1.100 200 1,000 100 15,800 200 4.1O0 4.OO0 2,200 l.aoo 1,200 100 700 62 7 65 20 75 85 79 21 46 25 82 78 95 7 86 26 20 60 T 19 121 .... 2 8 45 46 17 20 20 41 40 68 C8 46 74 74 9 9 16 17 98 78 79 21 64 72 72 . 1 1 8 17 10 9 639 63 86 88 49 49 43 43 37 38 64 65 20 20 80 30 25 25 14 14 7 7 63 64 28 28 71 58 67 92 93 12 12 68 60 20 47 47 84 11 50 60 76 75 65 65 6 87 20 20 74 74 85 84 78 78 20 20 48 48 24 24 82 32 77 77 94 94 7 7 85 86 25 25 19 19 68 68 7 7 19 19 121 120 Rate. .$ .0O1 . .0784 . .OO02 . .01 3.1 . .1 5 . S.5800 . .01 r. . .077 . .01.10 . .OS02 . .3000 . .O03 .. .043 . .006 . .1200 . .124 . .013 . .0235 . .129! .205 . .185 . .B025 . .7000 .. .4875 Sheep and Lambs Ar Weak and t Ixwer at North. Port land Stockyards. There was a light run of stock at the yards for the opening of the week, only 56 loads being reported In. . Four losds of cattle went through. The cattle market was firm' and prices averaged a quarter higher throughout the 1st, with choice steers quoted up to $8.75 and the best cows and heifers at $5.60. There was also a firm feeling in the hog lvlsion where an extreme of $13 was quoted. The sheep and lamb market, however. dragged and prices were weak. Quotations on east-of-the-mountairi lambs were un changed, but valley lambs and all classes of sheep were about 60 cents lower. Receipts were 98$ cattle. 167 calves, 251 hogs and 8040 sheep. The day's sales were as follows 9:10 942 1148 1004 893 1234 1045 976 8-8 12IM KKVS 10O7 3 steers. 3 steers. 3 steers. 6 steers. 5 steers. 4 steers. 2 steers. 2 steers. 12 steers. 2steera. 1045 4 steers. 1012 16 steers. 905 4 steers 4 steers 23 steers 0 steers 3 steers 6 steers 9 steers 1 steers 3 steers 4 steers 14 steers 7 steers 23 steers. 1312 25 steers. 1195 24 steers. 1185 IO steers. 1078 5 steers. 11.14 20 steers. 9.05 0 steers. 903 11 steers. 1121 29 steers. 10O7 4 steers. 1053 3 steers. 936 9 cows.. 12:14 2 cows.. 665 3 cows.. 1063 9 cows. . 2 cowi .' 4 cows.. 7 cows. 4 cows.. 9 cows.. 3 cows." 2 cows. . 3 cows. . 11 cows.. 2 cows. . 2 cows. . 2 cows.. 6 cos. . 4 cows. . 10 cows. . 9 cows.. 5 cows. . 8 cows.. 4 cows.. 2 cows. . 9 cows.. 1 5 cows. . 42 cows. . 3 cows.. 6 cows. . 1 calf.. . 1 calf. . . 2 calves. 3 calves. 1 calf... 6 calves. 5 calves. '3 calves. 15 calves. 6 calves. 9 calves. 1 calf. . . 1 calf. . . 4 calves. 2 bulls. . 1 bull... 1 bull.. . 1 bull... 1 bull.. . 1 bull.. . 12 mixed. 5 mixed. 2 hogs. . 40 hogs. . 3 hogs. . 1 hog.. . 2 nogs. . 54 bogs. IO hogs. . 6 hogs. . 1 bog. . . 20 hogs. . 10 hogs. . 1 hog... 1 hog... 2 bogs . . 66 hogs. . 1 hog... 3 hoes. . 3 hogs. 3 hogs. 7 hogs. . 3 hogs. . 2 boes. . Official 4.50 6.25 6.25 4.75 6.0O, 6. 0O 6.50: 6.001 6.00 6.00 2 hogs. . 2 hogs. . 2 hogs. 2 hogs. 6 hogs. 6 hogs. 27 hogs. . 4 hogs. . '10 hogs. . a nogs. 3 hogs.. 9 IS lambs. 45 lambs. -4 1J lambs. Wirt. Price. 180 $12.75 ' ?-5?lT lambs. I?? f 15 12 lambs. J- ' 11 lambs, S t!0!D0 lambs. 6.8.jjo4 iambs, o .83 70 lambs 5 ' 9 lambs 6 220 lambs 6.7. 28 lambs. 6 85 263 lambs '51260 lambs S.oOiin lambs, 5.50l:Js lambs. 4.251205 kmba 4.25IH0 lambs 5.751236 lambs 6.OOI131 lambs 6.0O1 lews... 5.251 1 ewe... 5.75115 yrlg... 6.25 92 yrlss. . 6.0Oi52 yrlgs. . 4.75117 wethrs 5.85128 wethrs 6.001 2 bucks. 6.00 2 bucks. 5.251 8 mixed. 4.50117 steers. o.o'Pi 3 steers. 864 MAO 800 1071 1127 1190 1328 970 1153 1119 920 600 904 71 10O2 1113 1151 1020 1022 025 475 1170 942 9.M) 1 1 13 0.-.8 4(10 210 165 140 230 20J5 4S6 370 126 191 245 120 170 162 1370 2000 1410 1270 1K0O 14S0 919 810 lO 102 246 2.10 ' 205 172 20I 173 240 2.11 175 2 40 2TO 415 1SR 220 2TO 20O JS7 270 425 4.001 4.251 2.75 3.30! 3.30 4.15 6 8 steers. 6 steers. 4 steers. 3 steers. !30 steers. 119 steers. 6 steers. e.ouiiv steers. 4.001 4 steers. 4.15'25 steers. 4.3:I50 steers. 4.3 4.35 5.25 6.2! 19 steers. 1 steer. . 1 steer. . 119 steers. 4 J.t 1 1 steers. 4.751 3 steers. 1.25 2 steers. 6.751 9 steers. S.75'15 cows. 3.75120 cow.. 3.25114 cows. . 4 00 .1 cows. . 5.001 2 cows. . 4.001 2 cows. . 4. 101 1 cos.. . 4.501 3 cows. . 3.001 7 cows.. 4.501 2 cows. . 5.5(11 2 cows. . lO.OOf 1 cow. . . 8.00 7 cows. . 3 00I 2 cowe. . 7.001 2 cows. . 8.001 2 calves. 6.roi 1 calf. . . 8.25111 calves. 10.001 1 calf . . . tl.on'15 calves. S OO 53 calves. 0.001 1 calf. . . 6.001 2 calvee. 11 .ool 1 calf . . . 3.00:1.1 calves. 8. SO I 2 calves. 3.O0 1 bull. . . 3.001 6 mixed. 3.00 3 hogs. . 3 00 1 hog... 4.501 1 hoir. . 2.50119 hogs. . 12.501 4 hogs. . 13.001 1 hog. . . 10.0OI 5 hogs. . 12.00I 7 hogs.. 11. ont 1 bog... ll.ool 1 hog. . .' 12.50I 2 hogs. . 12.50I1O hogs. . 12.00I 2 hogs. . 12.00I 2 hogs. . 12 50115 hogs. . 12 OOI 3 hogs. . 12.0O'2R hogs. . 11. .SOI 7 hogs. . ' 12.50'10 lambs. 11. SO 37 lambs. 12.0OI 3 lambs. 12 001 6 ewes. . 12.50'?0 wethrs 12.5012.10 wethrs 12.00'203 mixed 9 50 205 205 .ISIS 170 171 1.13 211 253 2 70 2X0 75 63 09 71 79 61 61 60 78 03 75 65 C8 68 73 91 72 70 76 78 100 90 99 98 108 133 145 180 100 116 812 1178 1258 1063 993 1053 1051 919 700 455 1012 IOI 8 10:13 1 020 1060 1100 872 IOOO 1116 675 IIO.I 824 052 1OO0 loin 1005 1OR0 nso 1213 1072 1210 1160 820 104 1 1 50 12O0 2S0 1.10 25 2.10 2--' 6 226 2liO 140 300 28 130 M0 810 351 450 800 102 177 300 274 94 310 ' 470 55 121 18.1 197' ISO 123 70 9.1 71 1.10 1.13 123 95 09 12.50 13.00 12.0O 13.00 13.00 13.00 12.50 12.00 12.50 12.60 12.00 4.00 4.00 4.00 4.00 4 00 3.00 ' 3.00 6.00 5.60 4 4.50 8.25 6.00 6.00 5 00 . 4.60 8.50 5!M) 5.50 5.50 1.60 1.00 3.00 8.00 3.00 2.50 2.40 1.50 1.50 3.00 6.50 5.0O 6 00 4.7 6 00 6 50 6.50 4.75 4 50 4.8 ' 5.50 6.50 6.2 6.2 . fl O0 5.00 4.65 6.6 6.50 4.O0 6.50 4.00 6.35 4.75 :i 4 25 4.50 3.00 3.00 4 3.KO 4.50 3.00 4.50 4.. VI 3.00 8 OO 11 00 10 7.00 10.50 10.75 1O.O0 7.00 10.75 9 50 7.O0 4.00 3.50 6 00 6.00 an 12. AO 12 60 9.50 12.O0 12.00 6 OO 6.00 12.00 13. 2r 12.0O 9.50 12.50 11 OO 12 no 12.00 5 OO 5 OO 4.00 2.00 3.50 3..V0 3.00 9.25: bulk tat cows and heifers. $4,509 f SO; cannera and cutters, largely $2.75) 8.7$; bulls and calves, dull; bulk bulls, $5 6.50; bulk veal calves, $9010; stockera and feeders, slow. I Hogs Receipts, 46,000 head; active, bet ter grades stesdy to 10c lower, others , uneven, mostly 10c to 15e lower than Sat- urday's average, 25 hogs at $11.66; prae tical .top, $11.50; bulk lights and light, butchers, $11.20911.50; bulk packing sows, I $9.409.90; pigs, steady to 10a higher; ! desirable pigs. $10.7&11. I Sheep Receipts, 12.000 head; lambs.! strong to 10c higher; sheep, about steady; I native lambs top. $10.25 to city butchers; I practical ton. $10: bulk. $9.25010: seven 1 loads Idaho. $10.25. sorted; good Montana wethers, $5.T5; fat native ewes top, $5.25. Kansas City Livestock Makket. KANSAS CITY. Mo.. Aug. 1. U. S. Bu reau of Markets) Cattle Receipts. 29,000 head; beef steers and yearlings, steudy to 25c lower; top heavy steers, $9; best year lings, $9.259.40; best fat sno stoca. ww 50c lower: bulk cows, $45; few best kinds, $5.2505 75; cutters, around $3: good grass heifers. $6 6.75: canners, mostly 25c lower; bulk around $2.25: bulls, weak; calves, steady to 60c lower; best vealers, $898.25; most other calves. $89 7.50; stockera and feeders, steady; 1000 to 1140 pound feeders, $8.8597.25; early sales stockera $4.5098. Hon RecelDts. Tooo una: open snow; few sales to traders. 109 15o lower tnan last week's close: later trading active to mckari: unevenly lOc to 20o lower: best ights. $11.15: some neltt signer; ouia 01 ies. IlllMlQilLlu; pigs, arouna Sid 51) naid. Sheep Receipts, swv neaa; sxeaay; Ari zona ewes, $5; lambs, mostly zoo nigner natives, $0.25; Idahos. $9.75 straignt. Omaha Livestock Market. OMAHA. Neb.. Aug. L (TJ. S. Bureau of Markets.) Hogs Receipts. 60O0; mar ket. fairly active, generally steady; spots 10c lower; bulk better graaes, .ub 10.40: top, $10.76; bulk others, $3,909 .50t Cattle Receipts. 73 0O bead; rea steers. active and fully steady, best yearlings. $9.75; heavy steers. $9.25; bulk of all steers. $899.25; all otner classes, mostly 16c lower. Sheep Receipts, Z5.000 neaa: Killing classes slow, mostly 25c lower; early top lambs, $9.85; choice Idahos held nigner best native lambs, $0.25; ewe top, $5 feeders, slow to 25c lower. We Offer United States of Brazil 5 Bonds of 1903 Interest payable semi-annually (May 1 and Nov. 1) in English, Pounds Sterling. (Wo have the facilities for cashing these coupons at our office.) These Bonds are to be redeemed riot later than 1939. This issue is the direct general obligation of the United States of Brazil. . Price: $232.50 per 100 (which at par of exchange is $486.66). Your investment will show the following returns depending upon the price of the English Pound Sterling: f r. t-v . t. nt rlneioal depending on Price of Exchange at Maturity Date. $127.50 147.50 167.50 217.50 254.16 Price of Englisa Pound Sterling. $3.60 3.80 . 4.00 4.50 4.87 . Annual Income Per $232.50 Invested. $18.00 19.00 20.00 22.50 24.35 At the present rate of exchange, you may realize an annual income of approximately 7.75, which will increase to 10.50 as exchange approaches par value, as shown above. Besides this attractive annual income, your principal will increase as shown above. creamery Francs, Belgian 7.38HC 30.73c. 4.25c. i.S3V,e. demand 7.62 Vic: cables, cables. cables, cables, Sweden. 5 00 5 00 5 50 5 00 4 S 25 50 SAN FRANCISCO PRODUCE MARKET Prices Current on Vegetables, Presh Prnlts, Etc., at Bay City. SAJT FRANCISCO. Aug. 1. Vegetables Squash, bay. 8550c 40-lb. lug; Los Ange les. $11.25 smsll lug: potatoes. Garnets, $1.251.50: white, fl.S0i91.75; onions, new red, 7585c: green. $1.5001.75; tomatoes, San Pedro, lug $22.50. crate 50c$1.75; Stockton luc, $34; bell peppers, Stock ton, 715c: peas, 5tfj 8c; beans, 76llc: lima, 5c: carrots, $1.25 (u 1.50 sack; egg plant, 30-pound box, $2 508: corn. Ala meda, $30)4.60 sack; $4 G0'4 75 crate: rhubarb, box. $1.25; seed potatoes, Mer ced, 1012Vic; artichokes, $610; crate; 50c(g)$l dozen; lettuce, crate, $2.25. Poultry Young chickens. 25 w 45c staggy roosters, 20f25c: old. 15918c hens, i 17 35c; ducks. 18c; geese, 25c; tur keys, live 35c, dressed 4550c; Belgian hares, live, 15c: dressed. 18020c; squabs. fancy, B5c; common, $2.50 dozen; old pigeons. $2 dozen. Fruit Oranges. Vslencia, $3.75(05; lemons, fancy, $909.50; lemonettes, $56; grapefruit. $3.504.50: applea. 75c$2.75; strawberries, crate, $1.151.40; drawer. 5060c; blackberries, drawer, S035c; raspberries, 5065c; apricots, 60c&$l; lug, l5c pound; peaches. $1.25 basket. $1$ 2.50 50-pound lug; cantaloupes, standards, $1.752.25; ponies, $1.5001.75; flats. 75 85c; plums, lugs, $1; crates, $11.50; honeydew melons. $1.50l.f5 crate; cas abas, crate. $1.201.75, 2&2Vic pound; watermelons. lVi2c pound: grapes, seed less. $2 2.25 crate: pears. $13.75. Receipts Flour, 8350 quarters; wheat, 1602 centals; barley, 2223 centals; oats, 49 centals; beans, 1581 sacks; potatoes, 1624 sacks; onions, 191 sacks; hay. 703 tons; hides, 1473 bundlea - Metal Market. rJEW YORK, Aug. 1. Coppe Electrolytic, spot and nearby, later. 12 012 Vic. Tin firm. Spot and nearby, 26.75 27.00c; futures, 26.75 27.00c Iron nominal; No. 1 Northern, $21023; No. 2 Northern. $20922; No. 2 Southern, $19620. Lead steady. Spot 4.40c ' Zinc quiet. East St. Louis delivery, spot 4.20 4. 25C Antimony, spot. 4-gc Dried Fruit at New York. NKW YORK. Aug. 1. Evaporated ap ples, firm: state. 12 914c Prunes, firm; Oregons,. 691Tc Peaches, quiet: standard. 11c; choice, 12 12 Vic; fancy, 14 & 15 Vic Hops at New York. NEW YORK, Aug. 1. Hops, steady. State, 1920, 22 28c; 1919, 15017c; Paclfio eoaat. 1820, 21W25c: 1910. 1719c. quotations at the Portland TJnlon stockyards yesterday were as fol lows: Cattle Choice steers Medium to choice steers Fair to medium steers. ....... Common to fair steers. ..... .. Choice feeders Choice cows and heifers Medium to good cows, heifers. Fair to medium cows, heifers. Common cows ............... Canners Bulls Choice dairy calves Prime light calves Medium to light calves Heavy calves ................ Hogs Prime light 12 50i12.75 Smooth heevy. 250 SOO lbs... 1A..104M1 50 Smooth heavy. 800 lbs and up. 9 50S10 50 Rough heavy 6 00if510 00 Fat pigs 12 O0iB12.75 Feeder pigs 110012 00 Stags Sheer. East-of -mountain lambs ... 6.00r 6 2548 6.75 5 75(81 6.25 6 0(1 5 75 3.75 4.50 6 001 4 25i 8 25 f 2 50f IT.1S 2 75 (ii 3.75 10.5Oill 00 10 OO(10 50 7.00310(10 8.50 7.00 6.00 8.00 Seattle livestock Market. SKATTLE. Wash.. Aux. 1. Hogs, weak: receipts none; prime, $12.25012.75; smooth heavies, $8.50(3)9.50; rough heavies, $6.50 07.50; pigs, $9 10.50. Cattle, weak; receipts none. viuota lions: Prime steers, $(1.50(8 7: medium to choice, $5 6; common to good, $46; best cuwa and heifers. $55.25: medium to choice. $4 0 5: common to good, $34; bulls. $3.504; light calves, $of i; heavy calves, $45. - QUOTATIONS OX DAIRY PRODUCE Market Prices Baling- on Butter, Cheese and Eggs. SAN FRANCISCO, Aug. 1. Butter- Fresh extras. 43V4c: extra firsts, 81) Vic. Eeas Freah extras. 46c; extra nrsts. 44c; dirties No. 1, nominal; extra pullets. 36V&c; firsts, 34c; undersized No. 1, 20Vic; r'itni(, 21c. Cheese Flats. lancy, zac; iirsts, 210; Young Americas, fancy, 28c. NEW YORK. Aug. 1. Butter Firm; creamery higher than extras, wic; creamery extras, 43 V 44c; firsts. 3U14t 43c. Eggs Firm; Iresn gatnerea extra iirsis, S8ifc4ic: fresh sathered Ilrsts. strasfc. Cheese Steadier; state wnoie mna flats. fresh specials, 2121Vsc; state whole milk twins, special, ziJic CHICAGO. Aug. 1. Butter Higher; creamery extras. 42e; stanaaras. suic; firsts. 3741Vic; seconds, 33tf3oc Kggs Higher. Receipts, l.ttia cases. Firsts. 2UVw30Hc: ordinary firsts. 24 27c; miscellaneous, 2S&2Uc. SEATTLE. Aug. 1. Wholesale prices to dealers : Esters Select local ranch, white sneus. 38&4c; ditto mixed colors, 3ow3ac; nulleta. 30&I35C. liutter tJlty creamery, cooes, 0010000; bricks or prints. 3'Jc: country creamery. extras, cost to jobbers, in cubes, 363bc. Coffee Futures Higher. NEW YORK. Aug. 1. The market for coffee futures was more active and higher today. The official cables Iroia Brazil reporting a sharp advance in Rio exchange rates were accompanied by rumors that Brazilian shippers were with drawing their firm offers or asking atl vances of 20 to 25 points, and there was some trade ouying in tne maraet nere aa well as covering. First prices were la to 18 points higher and active months sold 20 to 25 points above last week s close. with September selling at 6.75c ana ue. cember at 7.20c. This attracted consider able realizing, but It was absorbed on reactions 01 eight or ten points anu last prices were within two or three points of the best, showing a net advance of 20 to 23 points. The business, including switches. amounted to approximately 15O.0U0 bags. September 6.71c. October 6.80c. December 7.17c, January 7.30c, March 7.52c. May 7.72c. July 7.92c. Spot coffee was reported in better de mand with prtcea firmer at 7c to TVsc for Rio No. 7. and VVio to lOfco for Santos 4s. Grain at San Francisco. SAN FRANCISCO. Aug. 1. Oratn Wheat, milling, $1.90197Vj: feed, $1.90 2. Barley, feed, $1,154(1.20; shipping, $1.25 & 1.35. Oats, red feed, $1.20(o 1.30. New York Sugar Market. NEW YORK, Aug. 1. Raw sugar, Call, phone, or write for full details. F.l.nevQPQaux5i(Qmpany - INVESTMENT BONOS 6? SI3CTM STRICT PORTLAND. OREGON BROADWAY 1043 ROUND FLOOR WELLS -FARGO BUIlDIMa United States of Brazil 5 Sterling Loan of 1895 Coupon Bonds in Denominations of 100, 500 and 1000 Interest payable February 1st and Augrust 1st In London. Arrange ments have been made for cashing coupons in New Tork at current rate of exchange. Price: $237.50 Per 100 Bond (Par Value $486.67) SECURITY A direct obligation of the United States of Brazil, whose full faith and credit are behind this loan. The Goyernmenf reserves the right to call this entire issue at any time, on six months notice, at par, or to buy in any amount on any interest date in the open market at or below par. All the bonds of this issue must be retired on or before August 1, 1934. An opportunity to profit doubly through the advance in exchange and the advance in bond values. Call, phone or write for full details. Freeman, Smith & Camp Co. bound neei Lumbermen Buildino fifth and stark OltTUIID BTSAT S70 VAN FBANCIBCO duct the demonstrations In the Lake Creek. Orleans, Lacom'b and Thomas communities ana at. tne tninoisr farm near Waterloo. A. C. Heyman, Linn county agricultural agent, will be in charge In the Jordan. Fox. Val ley, Plainview, Harmony, Shedd and Tangent communities. l. E. Arnold of Lebanon, treasurer ot the Linn county Urm bureau. will handle the demonstrations in the Holley, Brownsville. Scio and Kingston com munities. Miss Bertha Beck, secre- for centrifugal; lated. 4.86c refined 6c tor line granu- Prlme valley lambs Fair to good Cull lambs ...... Feeder lambs ... Light yearlings Heavy yearlings Light wethers .. Heavy wethers . Ewes .S0 s .SO 5 on 4 50 4 00 3 .10 B 00 if 4 SOifi) 3 K0f8 2 noi3 5 00 f 2 50 3.00 3. HO 4 3 00 2.00 (fb 2 SO 1.00 3.00 Chicago Livestock Market. CHICAGO, Aug. 1. (U. S. Bureau of Markets.) Cattle Receipts, 18.000 bead; best grades ot steers and she stook scarce, steady; others dull and unevenly lower; top yearlings. $10; bulk beef steers. Iruluth Unseed Market. DTJLTJTH. Aug. 1. Linseed on track and arrive, 2.07; September, Z.0SM. Cotton Market. XETiV TORK. Aug. L Cott steady. Middling 12. Doc. Spot EXPERTS CULL POULTRY Series of Demonstrations to Be Held In Linn County. ALBANY, Or, Aug;. 1. (Special.) Nineteen poultry culling demonstra tions will be held in Linn county In the week beginning Thursday under auspices of the county, farm bureau. The demonstrations will be held in almost all parts of the county. H. E. Cosby, poultry specialist of Oregrort. Agricultural college, will con- unsettled. 1212Mc; iiOTEL HOYT Strictly Fireproof. Near both depots and convenient car service to atl parts of city. Plncle Rooms Without Bath t and vp Sinjrle Koomi With Bath. $2 and Dp ELlifcUiT S. KOBE, Mmnacer. A possible profit of from 56 to More Than Double Your Investment This "omce-in-a-lifetime" opportunity for hand eome profit, coupled with solid security and high yield, is due to the fact that the American dollar is at a premium in Europe. The pound sterling now is worth 3.60. Normally it is worth 4.86. As exchange equalizes its value will increase, and with it thest ifa and 5 SterEnff Bonds Republic of Brazil 100, 200, 1000 Dens. Prices to yield from 8 to 10.35 and profits to more than double the principal invested, depend ing upon exchange rates. Call on or write us immediately, and we will explain the situation fully. LUMBBEMENS Broadway and Oak mmMm r tary of the Oregon State Grange, will conduct the work in the Mlllers burg and Oakville communities, and Paul Dawson of Albany will be. in charge In the Tennessee and Tallman communities. The demonstration in the Charity Grange community, east of Harrisburgr, will be conducted by O G. Coldiron and C. "Williams of Halsey. LARGE PROFITS! Ton are offered an amazing opportunity for money making in the MUNICIPAL BONDS of Europe's seventh largest city. The bonds are secured by a di rect mortgage of $47,691,223 on city property, against which there is an outstanding debt of only three million. A return to normalcy will in crease the value of these bonds 119 times. The country of which this city is the capital is showing remarkable recup erative powers, and normalcy can be expected at no far dis tant future. But profits of 100, 600 and 1000 are en tirely possible within a very snort time. Send for oar Literature "31" STORY & CO., Inc. 512 Fifth Ave, New York ( S2,0O0,0OO State of Oregon 5V2 Highway Bonds Due J50.000 each April and October 1st, 1926 to 1346, inclusive, as follows: 102A to yield 5.60 11)27 to yield R.5. IMS - Hljw to yield R.."iO to 7'ria 1 JK.iO - 131 1K32-11W4 to yield 5.40 J:t5-ll:!7 to yield 1:IH-19:9 to yield 6.3.-. 5..KI 1 9:19 to 1940-194V to yield 5.25 These Bonds are General Obligations of the State of Oregon. E.ILROLLINS &SOSS Investment Hfondt BOSTOrC NEW YORK CHICAGO f a a, arc a arricnt . t rtmt iMTII K. QMnrUmestJiepresentnttve 404 COUCH BUILDING CplephontC'HarshaUSgS if PORTLAND Ji BROKERS We have 'underwritten a block of stock of an industrial cor poration of the highest cal iber, whose products are na tionally known and advertised. Participation under attractive terms is invited. For particu lars, communicate with M. STIEGLITZ & CO., INC. 42 Broadway New York The Test The rrumber of years the road lasts and the satisfaction it gives to those who use it is the real test of a pavement. Look at the streets and highways where Warrenite Bitulithic has had hard usage over a period of years. Ask those who have used it under all conditions. Figure out its comparative cost. Note the virtues of its resiliency and its non-skid, noiseless char acter. There is only one answer, namely, Warrenite-Bitulithic. k