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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Jan. 28, 1919)
g9 THE MORNING OR EG OMAN, TUESDAY, JANUARY 28. 1019. 19 OREGON HERDS T MUCH REDUCED Number Decreases Only 5000 Head in Past Year. GOVERNMENT FIGURES OUT "Unprofitable Cow Marketed and Young Animals Come In to Take Their Place, The dairy herds of Oregon have npt been reduced to a serious extent, according to Government statistics just issued. On Jan uary 1, lfliS, there were 222.000 milk cows In Oregon, or 5000 head less than a year "before and 3000 head less than two years before. These are the figures of the bureau of crop estimates. Department of Agricul ture, given out yesterday by F. L. Kent, Held agent of the bureau. Mr. Kent's report says: "High prices for feed and labor without corresponding Increase In the price of dairy products has caused some reduction in dairy herds, but not so great as has fre quently been indicated by general news items. Dairymen are each year giving more attention to the matter of dairy herd test ing, and the disposal of the unprofitable animals. Young animals are continually coming on to take the place of the ones found to be unprofitable, hence the annual marketing of a considerable number of cows does not mean a material reduction of the dairy herds as a whole. However, during the past year the conditions have been such that the total number of dairy cows now In the state Is materially less than the number on this date a year ago. Dairy etock in good condition of flesh have often cold for a higher price for beef purposes than could have been realized from their stale as dairy animals during the past year." The estimated number of various classes of livestock and value per head on January 1, 1919, 191S and 1917 in Oregon follows: followed a steady Jobbing range of $1,906' 2.15. Maine Green Mountains weakened alightly at shipping points, but still ranged $2.ZTi 2..10 In consuming markets. New York white stock in bulk ranged steady at 2.tr 5 2.40 in leading Eastern markets. Colorado No. sacked white stock still ranged $2.20 2.75 In South Central consuming markets. Shipping sections were generally nearly steady, but trackn.de sales weakened to SI. Idaho Kalis and fancy California sacked white stock weakened slightly to a range, of $1.75 2 per cwt. f. o. b. Shipments were be low the average. BOXED APPLES' SHIPPED TO MANILA Good Demand In Local Market Prices in Eaet Are Firm. The local apple market was firm with a go,od demand for all grades and last week's prices prevailing. Shipments were two cars each to New York and Omaha and one to Baltimore. In the East, New York Baldwins. A 2. from cold storage, were very firm at $7 f. o. b. shipping points, while common stor age stock ruled $5.30 f. o. b. Consuming markets ranged steady at $6.50$ 7.30. but reached top of $8 in Pittsburg. Extra fancy Northwestern boxed Winesaps ranged $2.9 3 f. o. b. shipping points :nd ranged $3.25 3.50 In New York City, this range repre senting prevailing prices in most leading distributing markets. Shipments continue above the recent average. Recent exports were 1000 boxes from San Francisco to Manila and 505 boxes to Mex ico, South and Central America, and from the east coast, 16.660 boxes to England. MARINE SHARES WEAKEN f E3TFKCT OF CUT IN FREIGHT RATES TO GREAT BRITAIN. Interest In Today's Meeting of Steel Corporation Directors; British War Bonds Active. r 1.21; string beans. 23 030c: green peas, 13 17c; green onions, Si 4 1.23; rhubarb. 1 3.25 : mushrooms. 404$GOc ; brusrls sprouts, 80c; cucumber. :.j03; spinach, I B i c. Fruit Lemons, $2.50$4.75; oranges, $34 5; tangerines and mandarins, $1.7502.50: bunanas, 7 ft 8c ; pineapples, $3 ."; apples. Newtown Pippins. $2w2.5U; Oregon MtMs bergs. $32 3.25; grapefruit. $2.50 f 3.23: pears. 'Winter Nellis, $2; persimmons. $11.25. Receipts Flour. 220 quarters: barley. 12. 330 centals; beans. 1641 sacks; potatoes, 7660 sacks: onions. AO sacks; hay, 210 tons; hides. 726; wine. 62.250 gallons. PORTLAND APPLE BITERS IN MARKET Offers Are Made on Better Grade of Stock ml Hood River. HOOD RIVER. Or., Jan. 27. (Special.) CORN MARKET UNCERTAIN' (oxn.jmxf; opinions as to FEDERAL HOG PRICES. Hones Number. Value. 131H 303.000 $ 89.00 1!1S 300,000 98.00 1917 300.000 98.00 Mule, 1819 10.000 93.00 1918 10.000 102.00 1917 10.000 103.00 Milk cows 1910 222.000 60.00 1918 227.000 60.00 1917 22;i,000 55.00 Other cattle 1919 703.000 44.80 1918 683.000 39.50 1917 610,000 37.30 Sheep 1919 2.497,000 12.00 1918... 2,448.000 12.10 1917 2,400.000 8.10 Swine 1919 348.000 19.10 1918 32.1.000 17.30 1917 315.000 10.00 BtTTERFAT PBICE IS ADVAJJCED City Creameries Pay 2 Cents More Than at Close of Last Week. The recent action of the city creameries in cutting the price of butterfat more than the price of butter caused great dissatis faction in the dairy sections and probably for that reason some of the creameries have advanced the buying price of butterfat 2 cents to 52 cents. The print market was firm with 54 cents the general quotation. The demand for cubes continued active and 50 cents was freely bid for extras. Egg receipts were the largest of any day this season, and as a consequence the mar ket shaded off somewhat. There was a firmer feeling in the poultry market with a fair demand and light re ceipts. Dressed meats were steady. Pool Sale of Mole Pelts. BEAVERTON, Or.. Jan. 27. (Special.) County Agent X. C. Jamison has announced a pool sale of mole pelts to be held In llills boro. February 10 to IB. iast season Mr. Jamison held two pools and succeeded in marketing more than 3000 pelts for the youthful trappers of this county, averaging nearly 30 cents per pelt. During the past Fall and Winter the young fur collectors have been busy and it la estimated that the number of pelts now held by school chil dren in this county will compare favorably with the number marketed last year, but the price is not quite so good as a year ago. Bank Clearings. Bank clearings of the Northwestern cities yesterday were as follows: Clearings. Portland $5,020,572 Seattle 7.215.304 Tacoma 1.20S.612 Spokane 1. 200.029 Balances. 1.454.601 1.502.518 428.102 132.634 Commenting on the meat stock situation the report says: "Beef cattle In the central and south eastern portions of the state cattle were sold off much closer than usual during the early Fall, on account of hay shortage. Elsewhere in the state reports Indicate that the number on hand is somewhat larger than a year ago. This is particularly true of breeding stock and young animals. "Sheep The number of sheep in farm flocks materially increased during 1918. In several counties this increase was reported around 20 per dent. But in some of the range districts a falling off in the number of sheep is reported. Some of the larger owners decided that the 'peak price of sheep and sheep products had been reached last Fall and they materially reduced the size of their flock?. "Hogs The number of stock hogs listed toy County Assessors on March 1, 1918, showed an increase of about 25 per cent over the number listed on March 1, 1917. The 1917 enumeration was the lowest in numbers since 1911. Brood sows have been in good demand during recent months. It seems probable that hogs will continue to increase in numbers.' PORTLAND MARKET QUOTATIONS Grain. Flour, Feed. Etc. Noon session Merchants Exchange. Northwestern sacked grain: ' Bid Jan Barley Standard feed S4S.5Q 1 17.50 Standard "A" 49.00 48.50 Eastern oats and corn in bulk: Oats No. 3 white 40.00 41. 0O 58-pound clipped, white 43.00 44.00 Corn No. 3 yellow 52.00 52.00 No. 3 mixed 50.00 41.00 Feb. March. $47.00 48.00 BARLEY SELLS SLIGHTLY HIGHER Firmer Tone In Corn Market in Sympathy With Improvement East. The local com market responded to the Improvement East and bids on mixed corn at the exchange were advanced $1. Bulk oats varied from $1 lower to $1 higher than Saturday. There were no offers for sacked oats. Barley averaged about 50 cents higher. One hundred tons of Jan uary feed barley was sold at $49. Weather conditions in the Middle West as wired from Chicago: "Winnipeg, cloudy, 30; Chicago, foggy, cool; Peoria, clear, 34; Kan sas City, cloudy, 41; St. Louis, clear, 35; St. Joseph, cloudy, 30: Top- ka. partly cloudy. 36; Omaha, clear, 20; Grand Rapids, part cloudy, pleasant; Toronto, cloudy, 18; Ohio Valley, clear, cold." Argentine cables reported unsatisfactory conditions at the loading ports, with the labor situation still unsettled. At San Francisco the first export cargo of barley. 12,000 tons, has started loading. The American visible wheat supply com pares as follows: NEW YORK. Jan. 27. Although a spirit of moderate optimism prevailed In finan cial circles today, reflecting the weekly reviews of leading financial Interests, the stock market made Indifferent response, traders evincing a disposition to await im pending events. Foremost among these Is tomorrow's ses sion of the United States Steel directors, when the fourth quarterly statement of last year Is to be ratified, together with action on the common stock. Movements of United States Steel during today's lethargic deal ings conveyed little hint or Intimation o! any change In the recent rate of disburse ment, steel closing at a sma.l fractional gain after having lost about a point. Other Issues of the same class reacted 1 to 3. Shippings furnished a concrete Instance of caujie and effect. Marine preferred drop- pins s - pomes on announcement ai h ur- . . ,, , , tic cut in ocean freight rates by urltlsn T - ships. Atlantic Gulf losing 3. -" Minor rails were intermittently strong. but Investment issues inclined to lower lev els. Sales amounted to 400.000 shares. Heavy buying of United Kingdom Issues at a slight gain was the only feature of the bond market, liberty bonds easing with other domestic groups. Sales, par value, aggregated $10,200,000. Old United States bonds were unchanged on call. CLOSING STOCK QUOTATIONS. Closing Sales. High. Low. bid. Am Beet Sgr 500 6ST4 68H 68" Amer Can 3.200 47 461, 46 Am C & Fdy.... 2.0O0 !.'. 89 Am Locomotive 59 Am Sm A Ffg.. 4.000 70 69 70 Am. Tel A Tel.. 300 100", 100 100, Ana Copper 2.800 59 58 59 Atchison 2.00 93 92 93 a i; ft w h i h.oo nn na ir.t Bait A 0 1.IKXI Cal Pet 2,600 Can Pac 700 On Leather 1.100 Che, A Ohio 800 C, M St. P 2.300 C. R I A P 600 Chino copper. . . . 800 Colo F A Iron. . . 20 Corn Pdts Ref . . 1.SOO Crucible Steel... 900 Cuba Cane Sgr..l6.40O uist securities. . . 1.200 900 With practically all stocks of fancy fruit sold. Portland dealers, it appears, are eager now to purcrase supplies of the better grades of spples. According to C. W. McCul lagh, sales agent of the Apple Growers' As soclatlon. who left yesterday for Chicago to attend the annual convention of the Western Fruit Jobbers of America. Port land dealers, who declined every opportunity to purchase extra fancy apples last Fall, have been sparring around the past week with owners of, apples held in storsge. Commenting on the criticism of a Port land evening newspaper, that the local sales manager favored Seattle to the detriment of Portland. Mr. MrCullagh characterizes the article as piffle. Mr. McCullagh says that . Seattle has-been a better purchaser of Hood I River strawberries. "But as a matter of sold only one carload of past season. Dried 1 . ,-,t at New York. NEW YORK. Jan. 27. Evaporated apples strong: state. 15ei7c. Prunes In good demand; Calif ornlas, 10 V ic; oregons. 12TJ1SC Peaches, nominal. Erie ... Gen Electric. General Motors.. 800 Gt Nor pfd 50O Gt Nor Ore ctfs.. 2,800 Illinois Cen Insp Copper .... 1.300 Int Mer Mar pfd38.200 Inter Nickel .... 1.900 Inter Paper .r... 300 Kenn Copper ... 700 Lou!.- A Nash Maxwell Motors Mexican Pet . . . .3S.20O Miami Copper.... 900 Missouri Pacific Z.SOrt 86 "76 59 93 IOI 4R 24 l.-.o 50 55 s.".0 23 33 36 47 53 22--, 52 16 124 " 92 37 "i.V ' 102 34 32 Nevada Copper.. 20O N. Y. Central 60O N Y. N H A H. . 500 Nor & Western Nor Pacific .... 300 Pac Tel A Tel Pennsylvania . . . 2.700 Pittsburg Coal Roy Con Copper. 200 Reading 4,400 Rep Iron A Steel Sou Pacific 4.800 Pou Railway ... 1.300 Studebaker Cor. . 4.300 Texas Co ..23.800 Union Pacific . , . 1.300 U S Ind Alcohol 900 D S Steel 68.500 U S Steel pfd Utah Copper . . . 2.200 Westing Electric 1.900 Beth B 7.900 KM 23 25 16 72 29 '90 '45 '26 78 "no' " 27 40 104 127 103 02', Low. 68 46 88" "9 100 58 2 99 48 23 158 58 55 S8 23 33 36 47 53 20 52 10 123" 92 37 44 9S 26 34 32 164 23 24 16 71 29 '96 '44 20 77 "As" 26 48 1S 130 102 90 69 41 0 E CATTLE SENT EAST SniPMEXTS jLAST year gained 2 5 TO 4 0 PER CENT. J! In Same Period, Receipts at Port land Stockyards Increased Over 11,000 Head. 1. -.-'. r..s -, 55 38 23 33 36 47 53 21 52 16 140 1; 123 92 37 95 44 98 26 3 1 1 82 113 28 167 23 24 16 72 20 105 90 23 45 46 20 78 74 98 26 - 10:i 127 102 92 115 70 41 00 Livestock of Oregon origin passing through tne romanu 1 nion Mockyrai for the year mis as compared with the two years pre vious are represented by the following num- uers: 1018. 1917. 1016. Cattle S0.10S 08,884 40.941 aives 4.883 3,021 Hogs 166.558 154.828 Sheep 102.298 85.502 1016 $8.n:i 6.6.1 9.33 Bushels. Decrease. .128.671.000 2,313,000 . 15.127.000 1.135,000 . 40,659.000 2.157. 000 . 68.458,000 473.000 . 63,456,000 2.881.000 . 61,053,000 S3S.0O0 Increase. Terminal receipts in cars were reported by the, Merchants Exchange as follows: w neat. isariey.i? lour.ejats. May. January 27, 1919... January 2S. 1018... January 29, 1917... January 31, 1016... January 25, 1915... January 26, 1914... Portland, Mon. 13 19 1 12 Year ago . . 2 2 7 6 33 Season to date. 5983 835 1604 575 2295 Year ago 312 204 613 900 1362 Tacoma. Thur 5 Year ago 18 ... . 8 Season to date. 4424 19 ... 128 93S Year ago 3040 6S 100 120S Seattle. Sat 3 ... 13 ... 1 Yearago 7 2 10 ... S Season to date. 4543 49 931 484 2078 Yearago..-. .. 3350 238 1122 880 2345 WASHINGTON MILK CATTLE DECREASE Reduction of ?4,000 Head In Past Year Is Reported The decrease in the number of dairy cat tle In Washington In the past year la est! mated at 24,000 head, according to a state ment issued by E. T. Marchettl, of Spokane, field agent of the bureau of crop estimates, which says: "A material reduction Is evident In the number of milk cows in the state, due to high prices of hay, lack of millfeed and feed crop failures, resulting in insufficient income from the sale of milk in proportion to the cost of maintaining dairy herds. De creases are reported for practically every county, being most severe In the large dairy sections.' The number of head of livestock In Wash ington on January 1, 1919, and 191S, com pares as follows: Horses Mules Milk cows . . Other cattle Sheep Swine Jan. 1, 1919. . . .303.0O0 . .. 20.140 . . .216,000 ...307.200 . . .779.980 . . .316.000 Jan. 1 1018 300,000 19.000 240.000 320. 000 661.000 283,000 POTATO MARKET TONE FAIRLY STEADY Some Easing Off of Prices at Idaho Ship ping Points. One car of Oregon and two cars of Wash ington potatoes arrived. Thre was a mod erate demand for choice and a slow demand for cheap stock. Average Burbanks sold at $1.5001.79 and poor grade down to $1.25. Gems were held at $1.007 2. Oregon potato shlpnTi's were two cars to Stockton and one to Redding. The general tone of the potato market was fairly steady. Wisconsin and Minne sota sacked round whites ranged firm In the Chicago carlot market at $1.5 and 41.0O 44.00 02 00 51.00 WHEAT Government basis, $2.20 per Du. FLOUR Patents, $11.05 per barrel, bakers'. $10.7010.85; whole wheat, $0.85 47 10; graham, $9.65&9.80. corn meals, $9,506 10.30. MILL FE K D Mlllrun. f. o. b. mill, carlots. $45 per ton: mixed cars. $45.50: ton lots or over. $47: less than tone. $48: rolled bsrley $5456. rolled oats, $58 660; ground barley $54 i 56. CORN Whole, ton, $87069; cracked, $6U 71. HAY Buying prices, f. o. b. Portland Eastern Oregon timothy. $30 32"- per ton. alfalfa. $26.50; Valley grain hay. $26; clover, $20627; straw. $9 610. Dairy ana Country Produce. BUTTER Cubes. extras. 50c; prints, parchment wrappers, extras, box loti 54c: cartons. 50c; half boxes. c more; less than half boxes, lc more; butterfat. No. 1. 506 52c per pound, station. EGGS Oregon ranch, case count. 50c: candled. 516 55c; selects, 55c per dozen. CHEESk TillamooK, f. o. b. Tillamook: Triplets, 38c: Young Americas. 30c; Coos and Curry County: Triplets, f. o. b. Myrtle Point. 35 c. POULTRY Hens, 28331c; Springs. 20c: orollcrs. 38c: roosters, 18c; due-ks, nominal; geese, nominal; turkeys, nominal. VEAL Fancy, 22c per pound. PORK Fancy, 21c per pound. Fruits and Vegetables. Local lobbing quotations: FRUITS Oranges, navels, $4.00 6 4.75; lemons, $566 per box: bananas, 8 69c; ner nDund . aDDles. $1.25 3.2 oer box: Dears $2. 25 a 2.50 per box; grapes, $7 per keg;1 grapefruit, $36 7. VEGETABLES Cabbage. $2.0063.00 per 100 lbs.; lettuce. $264.25 per crate; peppers. 25c per lb.: celery. $561 per crifte; egg plant, 106-Oc per pound; artichokes. $1.75. cauliflower, $3.70 per crate; garlic, 50c per poflnd; pumpkins, 2c per pound, squash 2c per pound; beets. $2.25 per sack , carrots, $2.25 per sack; turnips, $2.25 per saok; cucumbers. $2.25 per dozen; sprouts, 15c per pound. POTATOES Oregon Burbanks. graded. $1.501.75; Yakimas, $1.0062; sweets, 4 60c. ONIONS Oregon. $1.85 6 2.25 per hundred. Staple Groceries. Local Jobbing quotations:. SUGAR Sack basis: Fruit and berry, $9.55; beet, $0.25: extra C. $9.15: powdered, in barre-.s, $10.25; cubes, in barrels, $10.45. NUTS Walnuts. 27 4j35c; Brazil nuts. 32c; filberts, 28c, almonds, 24 6 30c; peanuts, 15c SALT Half-ground, 100c, $15.90 per ton; 50s, $17.25 per ton; dairy, $25 per ton. RICE Unbroken, 9611c per pound. BEANS Jobbing prices: White, 8 10c; colored, 869c. COFFEE Roasted. In drums, 25 6 40c Provisions. Local Jobbing quotations: HAMS All sues, choice. 39039e; stand ard. 38 638c; skinned, none; picnic, 27c; cottage roll, 36c. LARD Tierce basis, 27c; compound, 23 c. BACON Fancy, 51653c; standard, 476 49c: choice. 35 644c. DRY SALT Short, clear backa.28 6 34c; plates, 255 27c. Hides and Pelts. HIDES No. 1 salted. 30 pounds and up, 13c: No. 2 salted, 30 pounds and up. 12 c; No. 1 green. 30 pouo-.a and up, 10c; No. 2 4reen, 30 pounas a-j up, asc: No. 1 salted bulls. 50 pounds id up, 10c; No. 2 salted bulls. 00 pounds and up, 9 Vic; No. 1 green bulls, 50 pounds and up. 7c; No. 1 green or salted calf skins up to 15 pounds, 30c, No. 2 green or salted calf skins up to IS pouuds. 28 c; No. 1 green or salted kip skins. 15 to 30 pounds. 14 c: No. 2 green or salted kip skins, 15 LP 30 pounds, 13c; dry flint hides. 7 pounds and up. 28c; dry flint calf, under 7 pounds, 38c; dry salt hides, 7 pounds and up. 22c; dry salt self, under 7 pounds. 32c; dry cull hides, or calf, half price; dry stags, or bulls, 18c; dry salt stags or bulls, 12c. PELTS Dry long-wool pelts, per pound, 15c; dry short-wool pelts, per pound, 10c; salted long-wool lamb pelts. each $1.50 b'2.50; salted sheep pelts, each $1 2562.25. dry sheep shearlings, each 15 6 35c; salted sheep shearlings, each 35 'g aoc 70 41 61 BONDS. U S ref 2s reg. 97iPa con 4s....95 do coupon ...97U P 4s 86 U S 3s reg 89 lU 8 Steel 5s IOA do coupon ...89 IS P cv 5s 101 U S 4s reg. . . . M04 1 Anglo-Fr 5s ..97 7-16 do coupon ..'104'U S Lib 3e... .99.12 Atch gen 4s.... 84 I do 1st cv 4s..93 0O O A R G 5s 521U S 2d 4s 93.22 NYC deb 6s.. 99 do 1st cv 4s. 95.48 N P 4s "84 I do 2d cv 4?. 94 68 N P 3s 60 do 3d 4s 95.48 Psc TAT 5s..94 do 4th 4s 04.46 Bid. 2O7.320 112.778 Average top prices per cwt. for 1918. also tor two years previous, as quoted by the r-oriianu union stockyards Company, are as follows: 1918. 1917. Steers $13.27 $10.10 Cows 10.06 8.30 Hogs 18.16 15.83 Lambs 15.80 13.40 The Portland stockyards constitute, the principal market place for Oregon stock and the figures show quite a decided In crease In the sales or all classes of live stock In 1918 over 1917. However, a con slderable quantity of stock from the eastern portion of the state Is shipped to Middle west market points, shipments of cattle eastward in 1018 are reported to have been Bo to 40 per cent greater than in 1917. East ward movement of Oregon sheep and hogs is reponea as oetng less in nils than In 1917 The run at the yards yesterday was Ilahte than customary at the opening of the week, only 40 tars being unloaded. The cattle mar ket held steady. The quality was good and as Duyers snowed more Interest than they uia last weex tne stork went at good prices 1 op steers soia st iijuu. The nog marke was firm with $17 as the top and th' bulk of sales st $16 80. Nearly all that ar rived were sold. There was also a good de manct for sheep and lambs. Receipts were 887 cattle, 7 calves. 233 nogs and Oil sheep. The days sales were as follows Food Administration Statement Va riously Interpreted by Chicago Traders Tone at Close I inn. CHICAGO. Jan. 27. Uncertainty as te what action would be taken tomorrow re garding a Government standard for hog values during February haU much to do with violent fluctuations witnessed today in the corn market. Closing prices of corn were strong at c to lc net advance. with May $1.16 and July $1.14 to $1.14. Oats finished unchanged to lc off and I.rovislon unchanged to a decline of $1. From the beginning until the end it was whipeaw market in corn, mainly mm m, result of conflicting Interpretations of a statement which Food Administrator Hoover had Issued touching the problem to be solved tomorrow at the Washington con ference over hog prices. Assumptions were general at first that the Hoover statement implied maintenance of the January hog basis. Then a directly opposite view be came prevalent, and still later another com plete reversal of opinion. While bears were ; temporarily In control the market dropped . to the lowest level yet this season for all deliveries excpl January. A Clg cut in shipping rates from the United States to Great Britain aided the final upturn of the market. Oats displsyed independent weakness. Neither exporters nor domestic shippers were bidding. The only demand for provisions was from shorts. Pork and ribs finished at the max- mum setback allowed for a single day. Leading futures ranged as follows: w CORN. Open. High. Low. Close. May $1.15 $1.16 $1.11 $1 16 July 1.13 1.14 1.08 1.14 OATS. Mar 5ft .59 .54 .57 July 56 .57 .53 . 55 MESS PORK. Jan. May Jan. May 37.20 LARD. 22.47 36 6" L30 43 OO 36 60 22.47 17 20.85 20.12 22.40 211.45 SHORT-RIBS. Jan May Cash prices were: Com No. 3 yellow. $1.2061.22: No. 4 yel low. $1.1561.18: No. 5 yellow, $1.1261.15. Oats No. 3 white. 52655c; standard. .-- 1 I'.'-.- . ' Rye No. 2. $1.57 61.59. Barley 7290c. Timothy $7610. Clover Nominal. Pork Nominal. Lard $22.47. Ribs $21.376 22.37. Minneapolis Grain Market. MINNEAPOLIS. Jan. 27. Barley. 73 6 86c. Flax. $3.25 63 27. Grain at San ' Francisco. SAN FRANCISCO. Jan. 27. Flour. $11.45 per barrel. Grain Wheat. Federal basis, $2.20: white feed oats, unquoted; California yellow corn, $2.7063: barley, feed. $2.17. Hay Wheat or wheat and oats. $22 6 24: tame oats. $21623.50: barley, $16618; al falfa. $18622: barley straw. 50680c. Meals Alfalfa. $36: cocoanut. unquoted. Hope at New Yrk. NEW YORK. Jan. 27. Hops Firm: state, medium to choice. 1918, 30 6 40c; 1017. 206 22c; Pacific Coast, 1918. 386 42c; 1917. 25i 30c Mining Stocks nt Boston. BOSTON. Jan. 27. Closing quotations: Allouez 43 tOsceola 47 Calu A Ariz. ... 59 IQulncy 57 Calu A Hecla. . .425 Superior 4 Centennial 12'Sup A Boston... 2 Cop Range .... 42 Shannon 4 East Butte a lutah Con 7 Franklin 3 Winona 80 Lake Cop 2l Wolverine 19 Mohawk 51 IGranbv Con .... 78 North Butte ... 10 Greene Can 43 Old Dom 34 Money, Exchange, Etc. NEW YORK. Jan. 27. Mercantile paper, 56-5 per rent. Sterling 00-lay bills. $4.73; commercial 00-day bills on banks, $4.72; commercial Mi-day bills. $4.72: demand, $4.73; ca bles. $4.76. Franca, demand 5.45. ca bles 5.45: guilders, demand 41, cables 41: lire, demand. 6.37, cables 6.35. Mexican dollars, 77 c. Time loans firmer: 60 dsys. 90 days and six months, 55 per cent. Call money easier. High. 4 per eent: low, 4 per cent: ruling rate, 4 per cent; closing bid, 3 per cent; offered at 4 per cent; last loan. 4 per cent; bank acceptances, 4 per cent. LONDON. Jan. 27. Money. 3 per cent. Discount rates, short and three months' bills. 3 17-32 per cent. Eastern Dairy Produce. NETW YORK. Jan. 27. Butter unsettled: creamery higher than extras, 52 653c: creamery extras 51 6 52c; ditto firsts 49 631c. Eggs firm: fresh gathered extras 62c: fresh gathered regular packed extra firsts, 60661c; ditto firsts. 59659c. Cheese unsettled. Receipts 1812; state cur rent market sales, 88c; ditto average run, 35c. CHICAGO, Jan. 27. Butter, weak. Cream ery. 47 6 53c. Hggs Lower. Receipts. 5812 cases; firsts, 52c; ordinary firsts. 51651c; at mark., cases Included. 51652c. Coffee Prices Ease Off. NEW YORK. Jan. 27. There was a re newal of scattered trade, local and Wall street selling in the market for coffee fu tures here today and after opening steady at an advance of 2 to 3 points, prices eased off. Closing bids: May, 13.1nc; July. 12.95c: Sept.. 12.80c; Oct.. 12.85c; Dec. 12.70c; Jan. 12.65c. Speit coffee, dull; Rio 7s, f4c; Santos 4s, 21 c. Comparatively few fresh offers were re ported In the cost and freight market. Those noted Included Santos 4s at 18.70c to 18.90c; London credits. Naval Stores. SAVANNAH. Ga.. Jan. 27. Turpentine firm. 60c ; sales. Ill barrels: receipts. 129 barrels; shipments. 661 barrels: stock, 30,154 barrels. Rosin, no trading: sales, none; receipts, 39 barrels: shipments. 5010 barrels; stock, nn.GOO barrels. Quote: B. $15.10; D and E. $13.15; F. $13.20; O. $13.25; H. $13.36; I. $13.65; K. $15.75; M. $16 25; N. and WG. $16.50; WW. $16.75. Metal Market. NBW TORK. .fan. 27. Copper, nominal. Hlee-trolyttc. 10 623c. Iron, nominal. No. 1 Northern and No. 1 Southern. $31 00 6 37.00; No. 2 Southern and o. 2 Northern. $32.25635.25. Tne Metal Bxeliange quotes lead nominal. Spot nnd January offered at 5.50c. Spelter, nominal. Bast St. Louts delivered spot offered at 7.00c. Wt Prlce.l Wt. Price. Scows... 1O90 $10.O0;2O hogfl. . . 180 $16.75 5 cows... 960 9.00 82 hogs. . . 120 16 85 2 cows... 730 8.00 4 hogs... 570 14.85 11 cows... 090 9.35! 2 hogs... 270 15 5 lcow.... 1O70 10.00'14 hogs. . . 120 15.00 3 cows 13110 10.Su,K4 hogs. . . 190 16.73 lcow.... 1O80 D.OO'12 togs. . . 340 14.75 SO cows. .. 1270 7.75;6 hogs. . . 20A 16.85 lcow.... 730 6.56 10 bogs .. . 200 15215 lcow.... 85rt 10.10 46 hogs. . . 170 13.50 2 cows.... KID 5 50 37 bogs. . . ISO 16.80 lcow 1010 7.00138 hogs. . . 130 15.00 Scows... 890 7.O0.99 hogs .. . 20O 16 85 lcow.... OHO 5.50' 5 hogs... 250 16.UO 4 cows 1080 8.25113 hogs. . . 130 15. OO 30 steers.. 860 1I.OO.S3 hogs. . . 180 17. 00 42 steers.. 800 8.75108 hogs. .. 210 16 an 3 steers.. 1080 12.011. 4 hogs... 240 16 so 1 steer... 940 11.50 8 hogs... 140 16.75 28 steers.. 020 ll.oo! 14 hogs. . . 210 16 so 1 steers.. 1210 12.00'K5 hogs. . . 200 16 SO 1 steer. .. 1010 10.O0I15 hogs. . . 340 16.70 1 steer. .. 9GO 8.5o; 9 hogs... 170 16 80 3 steers.. 010 12.oo;53 hogs. . . 200 14.80 1 steer... 12SO 12.001 3 hogs... 3H0 15.00 23 steers.. MM 15.6li 5 hogs. . . 210 16.50 24 steers.. 930 11.35 ' 2 hogs... 2211 16.35 5 steers.. 700 8.5lt( 9 hogs 190 16.40 7 steers.. 080 10.75 41 hogs .. . IftO 16.50 1 bull llOO 7.0O 5S hogs. . . 210 16 SO lbiill.... 890 8.50 25 hogs. . . 200 It; So lbull.... 1520 9.O0 03 hogs. . . 20O 10.80 1 bull 1340 i.OO! 3 hogs... 200 15.20 lbull.... 720 5.0O1 6 hogs. . . 230 1 6 65 lbull.... 890 e.OO! 3 hogs... 200 15 20 2 bulls... 1050 6.50! 2 lambs... 13n 13 OO lbull 1340 7.O010 lambs. . 70 12 50 lbull.... 1470 S.ooi 8 lambs.. 130 10 50 1 heifer.. 061 8.50! 4 lambs.. 140 8.00 3 heifers. 610 8.50 158 ewes . 10O 6.50 1 calf 280 12.50! 1 lamb... 110 15. OO 5 calves.. I6O 8.00 lbuck... ISO 10 O0 70 hogs... 120 l.'i.OOl )ei6.on 6 13.25 Hops. Mohair, Etc. HOPS Oregon, 1018 crop. 38640c per oonnd: 1919 conTaeis, -oc per pound. MOilAIK Long siapie, ouc; snort staple. if.. linrrv. 15 'a 20c. TALLOW No. J. ec per pound; rsc. 2, 5c per pound: grease. No. 1. 5c; No. 2, 4c per pound. Oils. GASOLINIS Bulk. 21c; engine dlatlUate, bulk. 12c; kerosene, bulk. 10c: cases. 20c LINSEED OIL Raw. barrels. $1.86: cases. $1.96. boiled, barrels. $1.88; cases, $1 98. TURPENTINE In tanks. 89c; cases. 99c Prices current at the local yards are as follows; New York Sugar Market. NEW YORK. Jan. 27. Raw sugar, steady. Centrifugal. 7.28c. Refined, steady. Cut loaf, 10.50c; crushed. 10.25c: mould A. 9.50c; cubes. 9.75c; XXXX powdered. 9.20c; pow dered. 9.15c: fine granulated and diamond A. 9.0Oc; confectioners' A. 8.90c; No. 1, 8.86c. SAN FRANCISCO PRODUCE MARKET Fresh Ve pay 22c for first-class veal. We pay 21c for first-class pork. Frank L. Smith Meat Co.. "Fighting the Beef Trust,' 228 Alder St.. Portland, Or. We never charge commission. Adv. Prices Current on Eggs, Vegetables Fruits, Etc., at Bay City. SAN FRANCISCO, Jan. 27. Butter, 316 oVc. E$s Fresh extras. 52c; fresh extra pullets, 47c. Cheese California new firsts and Young Americas, unquoted Poultry Hens. 35 6 38c: young roosters. 37 V3SC; orouers, ux; fryers, me i.v , geese. 2S631C: turkeys, dressed, 39642c; pigeons, $2.250 3; squabs. 50660c. Vegetables Celery. $5.506 7.25; squash cream. 75c6$l; Hubbard. $1.50 H 2; eggplant. Florida. 25 6 35c; peppers, bell. 506 chile, 12615c; tomatoes. $2.7563.25; Los Angeles lettuce. $Z. 563.23; potatoes. Sa linas. $2.5O62.S0; rivers. $1.906 2.10: sweet, $3.65r3.75: new, 567c; dry onions. $1.75 6 2 garlic. 2-V'30c: cauliflower. 75c Q $1 : beets Quotstlons on the various classes of live stock at the local yards follow: cacti Price. Prime steers f is.nov 13.66 Good to choice steers 10.25tsll23 Medium to good steers 8.756 9 23 Fair to good steers 7.756 8 73 Common to (air steers 6.75 6 7.25 Choice cows and heifers 9.25i 10.25 Good to choice cows and heifers 8.75 6 9.7$ Medium to good cows, heifers. 7.50 6 8.50 Fair to medium cows, heifers.. 5.756) 8.73 Canners S.306 5.00 Bulls 6.006 P 00 Calves 8.50613 00 Hogs Prime mixed 18.80617 00 Medium mixed 16.50616 73 nousn neavy la.tro Pigs 14.00 Mleeo Prime iambs 13.7561450 Fair to medium lambs 9 00 611 00 Yearlings 10.0O61l.3S Wethers . 9.006 10.00 Ewes 8.0O6 8-Of Chicago Llvmtork Market. CHICAGO. Jan. 27. (U. S. Bureau of Markets. ) Hogs Receipts 44.000. market slow, steady to strong. Spots, higher on choice butcher grades; one load at $17.85: practical top, $17.75; limited demand for light and light mixed hogs. Bulk of sales, $17.40nl7.70; butchers, $17.50617.75; light, $10.1.56 1 7.50: packing. $16.50617.30; throw outs. $15.75616.50; pigs, good to choice: $11.75615. Cattle Receipts 22,000. slow, bulk steady : calves slow 50c lower. Stockers and feeders steady. Beef cattle, good, choice and prime. $15.85620: common and medium. $9,256 15.85; butcher stock, cows and heifers. $7.15 614: canners and cutters, $5.85 6 7.15; stock ers and feeders, good, choice and fancy, $10.50614.25; Inferior, common and me dium. $7.75 6 10.50; veal calves, good and choice. $13.30614. Sheep Receipts 17.000. market strong to higher, some yearilngs n up; lambs, choice and prime. $16. 10 16.25 : medium and good. $15j 18.10; culls, $11.30 6 14: ewes, choice and prime. lion lo.7.; medium and good, $9.23610.50; culls. $5 3 7.75. Omaha Livestock Market. OMAHA. Jan. 27 Hogs Receipts 11.50O. steady. Heavy, $16.93617.45; mixed. $18.90 617. lo: light, $1U.5H6 17.25; pigs. $15617: bulk of sales, $16.90 617.13. Cattle Receipts 8700. slow to 10613c lower. Native steers. $126 18.50: cows and heifers. $7.50613.50: Western steers, $0 50 616: Texas steers. $s.5on 12.5; cons and heifers. $7611.50: canners. $u.50u7.5n-. stockers snd feeders. $6.50613; calves. $S "j'l 6 18 50. sheep Receipts 3300. strong 108 15c hlgher. Culls. $56": wethers. $11612; ewes. $9610.50: lambs, $14,506 15.90; feeder lambs. $106 15.30; yearlings. $1 613. Seattle Livestock Market. SEATTLE. Jan. 27. Hogs Receipts 1827. Steady. I'rlm. $1.-23617.40; medium to choice. $17o 17.15; rough heavies. $156 15.90 Pigs. $156 16.40. Cattle Receipts 182. Strong. Best steers. $11.50613.50; medium to choice. $10.506 11: oo-nmon to good. $669.50: best cows and heifers. $8.5061 50: common to medium, $5 6 7.50; bulls. $..68: calvey 87 612. 50 Peace Investments T ONG-TERM bonds at present prices appear to be desirable as perma nent peace inYestments. A circular describing a elected and varied list of such issues yielding from 5.45 to 665 will be fur nished upon request for Or-201 The National Gty Company Portland Railway Ei. Bids. Telephone 60T5 Main HALL & COMPANY BUT AND SELL Railroad Public Utility Industrial Municipal BONDS YIELDING 5 to 7 . Foreign Government Loans Local Securities Preferred Stocks Lewis Bids Portland, Or. FACTS NO. 426 : : ! : t LAND VALUES INCREASED The owners of land contiguous to the re cently completed road between Oregon City and Canby esti mate that It has In creased the value of their holdings $15 per acre. The resi dents of this vicinity are out of the mutl and ran "come and go at will nt any and all times, for wind, rain or snow does not Im pede traffic over a road paved with BITULITHIC WARREN BROS, CO. Journal ni.u .. Portland. Or TRAVELERS' Gl'ltlE. AUSTRALIA Honolulu. Suva, Now Zealand AUSTRALASIAN ROYAL MAIL LIKE La t. ntrest. tet -equipped eteamei Tor tare and aalllDcs aopl Can. Pac. Rati- : wit. Efcrt Thirrl M.. Portland, or iipnerii SI.::, j i .. tercel. $20l.?fta luxuis. 11 Accnt, 410 j bt., Vancouver. D. C. 70,000 In Use PLAY SAFE ORDER AX Indiana Silo FROVKM uii. II I BY TEST. SPAULDING LOGGING CO. Saleaa. Or. WE OWN AXt OFFER, SUBJECT TO PRIOR SALE AND CHANGE IN PRICE: GOVERNMENT AND MUNICIPAL BONDS OREGON Rjete Maturity Price Yield 7:,000 Astorla Municipal Gold Bonds... & A0 l:g-5S 100.00 fi.00 3.000 'Astoria, City of. Oregon. Water. S J&J 1937 100. 00 S.00 468 -Astoria. City' of. Municipal Sep 193 To Net S.B0 2.500 tAstoria. Ore.. Imp. Ser. No. 15... C FA-A 1933 To Net 5.50 2.500 t " " " " ... F&A 193 To Net 5i0 2.000 t " " " " ... F&A 193 To Not 5.0 4tt- " " " " ... F&A 1938 To Net 5.0 2.000 Bend. City of. Ore.. Fire Equip.. M&S 1931 To Net 5.36 3.000 " . . MAS 1932 To Net 5.26 500 tForest Grove. Cltv of. Ore.. Rfdg. MAN 1934 107.00 5.25 4.600 t " 6 MAN 1935 107.37 5.25 1.000 tuinnton. City of. Or C JsU 1919 100.49 6.00 600 tOregon City. Oregon. Imp S J&D 1921-25 102.03 6.125 1.000 tOregon City. Oregon. Water 6 AAO 1943 100.00 6.00 500 tPortland. Ore.. Imp C F&A 1919 100.49 5.00 1.000 tPortland. Ore.. Imp J&J 1930 101.41 5.00 30.000 Portland. City of. Ore., Water 4 M&S 1S37 93.66 4.50 50.000 'Portland. City of. Ore.. Dock 4i J&D 1943 97.08 4.70 7.000 'Warrenton. City of. Ore.. Muni.. 6 MAN 1928-38 100.00 6.00 WASHI NGTON 5.000 'Clark County. Wash.. Funding.. 6Hr JAJ 1921 100.94 fi.00 3.000 'King Co., Wash.. Harbor Imp 4 JAJ 1924 99.04 4.70 1.000 'Seattle, City of. Wash 4 MAN 1938 95.00 4.70 1.000 'Seattle. City of. Wash. S. D 4V& MAN 1928 98.56 4.70 . 5.000 'Seattle, City of. Wash.. S. D 4 MAN 1926 98.83 4.70 1.000 TYaklma County. Wash.. Road... 6 J&J 1920 101.50 5.20 ' IDAHO 1.000 tCoeur u'Alene. Idaho. Refdg 6 JAJ 1925 103.83 5 25 2.000 t " " " 6 JAJ 1928 104.36 5.2a 1.000 'Gooding Co., Ida . High. A Bridge 6 JAJ 1927 102. S7 6.60 3.000 -- JAJ 1928 102.87 5.50 3.000 J&J 1939 103.87 6.50 3.000 s J&J 1930 102.87 5.50 1.000 'Nea Perce County. Idaho 6 J&J 1935 105.38 5.50 1.000 'Nez Nerce County. Idaho 6 JAJ 1936 105.57 5.50 UNITED STATES GOVERNMENT BONDS 2.000 tFederal Farm Loans 4 M&N 1932-37 100.81 4.25 CANADA 2.000 'Alberta. Province of 4 F&A 1924 95.68 6.60 71.100 tAlberta. Province or 64 JAJ 1939 100.00 5 50 15.000 'Dominion of Canada Gold Notes. . 5 FA A 1919 100.00 5.00 1,000 'Dominion of Canada 5 AAO 1921 99.00 5.50 160 IDomlnlon of Canada War Loan.. 54 JAP 1932 100.00 5.50 2.600 'tDomlnion of Canada 5 M&S 1937 96.50 6.30 27.000 'Greater Winnipeg Water DIs 5 JAJ 1921 97.71 8.00 60.000 'Greater Winnipeg Water DIs.... 5 JAJ 1922 96.88 6.00 50.000 'Greater Winnipeg Water DIs.... 5 FAA 1923 96.50 6.00 69.000 tMontreal. City of, Prov. Quebec 6 MAN 1923 100.94 6.75 56.000 tMontreal. City of. Prov. Quebec 6 JAD 1922 100.88 6.75 1.000 'Saskatchewan. Province of 5 M&N 1921 98. S5 5.75 16.000 'Toronto. City of. Ont 5 J&D 1921 98.55 6.76 SHORT-TERM FOREIGN GOVERNMENT NOTES 2.000 'American Foreign Sec. Co 5 FAA 1919 100.00 5.00 10.000 'U. K. Great Britain Gold Notes.. 5i MAN 1919 100.50 6.00 -Denotes fractional bond. IDenotes $50 denomination. tDenotes bonds of 8500 denomination. 'Denotes bonds of 81000 denomination, rnenotes bonds of 8100 and 81000 denomination. IDenotes bonds of 8100, $500 and $1000 denomination. LIBERTY BONDS If ; tin snu-t SELL your Liberty Bonds. SELL to US. If you rss BUY more Liberty Bonds. Bl'Y from I S. We ka and sell Liberty Bonds nt tke market. VOl lAVAioT DO BETTER loll MAY DO WOBsK The closing prices of LIBERTY BONDS on the New York Slock Exchange on Monday. January 27. were as follows: 3'4s 1st 4s 4s lst4As 2d44s 3d4s 4th4Vs 99.12 93.60 93.33 95.48 94.68 95.48 94.46 SAFE DEPOSIT VAULTS Morris Brothers, Inc. The Premier Msnalelpal Bond Hoaac Eatabllahed Over 23 Yeara .TOS-311 STARK STREET. BEX. 8TH AND 8TH . i.mu i I'LllOH I Telephone Broadway S1S1 As Desirable Diversified Investments We Recommend Pacific Power & Light Company First and Refunding Mortgage ."-. Gold Bonds Due August 1. 1930 Price 89.75 and Interest, to Yield 6Vi This company furnishes electric light and power to about 50 cities and towns in Oregon, Washington and Idaho. 6 GoM Bonds of Columbia (Municipal) Irrigation District of Benton County, Washington Income Tax Exempt Price par and interest, due serially, January 1, 1930 to 1939, To Yield 6 This district embraces the Kennewick section of the lower Yakima Valley. Astoria 6 Gold Improvement Bonds Optional after January 15, 1920. Price to yield 5.10 T to 5.40 Income Tax Exempt Send for circulars giving details. LUMBERMENS TRUST COMPANY Capital and Surplus $600,000 LUMBERMENS BUILDING FIFTH AND STARK 4 Paid on Savings Deposits National Bank. Organized 1901. For particulars see A. G. THOMAS, Special Agent 505 Lumbermen Building Government and Municipal Bonds Bought and Sold E L Qevereaux Company 7 SIXTH STREET BROADWAY 1049 Ground Floor Wella-Farg-o Building t T bBsK flitr:..1 :. : Bss bbbbb .. "nm" - ii'fnni