Morning Oregonian., March 19, 1919, Page 21, Image 21

TIIE 3IORXING OKEGOMAX, WEDNESDAY, MARCH 19, 1919.
21
NEW OATS STANDARDS
ARE PROMULGAT
ED
Official Grades Announced
Department.
by
WILL BE EFFECTIVE JUNE 16
Classification Based on Minimum
Test Weight or 32 Pounds for
Best Quality.
Th secretary of agriculture has an
nounced the official grain standards of the
t'nlted States for oats, which will become
ffecti on Juno Id of this year.
Tie following U a tabulated abridged
statement of tbo grade requirements. Other
sections of standards from 1 to 14 inclusive
remain with only slight changes in phrase-o:oy:
turn In the price tide ie clearly to be seen.
The fcaltial declines give promise of further
reduction, which will be welcomed by con
sum era. but they are not likely to stimulate
trading la these lines.
EXPORT BUTTER DEMAND IS STBON
Sslea for Shipment ta Europe Affect East
ern Markets,
The European demand for lower grades
of butter la responsible for the strong mar
ket east. The weekly review of the bureau
of markets says:
The keynote of the situation seems to
center on the very strong export demand.
Most of the buying orders were to ac
counts of New York houses and each of
the markets has had to partially sell them
selves short In order to care for this bust
nesa. This has meant a strong market,
with prices In sellers' favor. Boston alone
reports over a dozen cars shipped to New
York and a redaction in storage stocks of
over 13.000 tubs. Centralized oars and un
derrradea have been chiefly In demand,
causing margins between the lower score
nrlces and extraa to be cut down. Also
the cleaning up of these lower priced good:
caused the finer grades of butter to be
firmer than they have appeared for some
me.
Consumptive demand has continued good
considering the high prices. In spite ot
the very firm feeling noted at the moment,
however, a certain amount of nervousness
has been apparent throughout the week
among some of the dealers and there has
been no marked disposition to allow stoexs
to accumulate on floors. The export de
mand Is felt to be rather uncertain and
rullnr prices pretty hllfh. The figures.
Minimum Sound Heat
test cultivated damaged
Wt. per oats not (oats, other
bushel, less than, graina)
Grade, rendition and general appearance Founds. Percent. Percent.
1 Miall bo iml an1 sweet, and of good color . if
- Siiall b- i; and sweet, and may be s.iKhtly stained ..... .H J-
3 Sim il root and sweet, and may be stained or sugntiy
weathered -
4 Snail b cool, and may be musty, weathered, or badly
SLamctl ............. -3
90
80
"ample grade shall be white, red. gray,
Vack. mixed, bleached or clipped oats re
apectlvety, which do not come within the
requirements of any of the grades from
No. 1 to No. 4, Inclusive, or which have any
commercially objectionable foreign odor, or
re beating, hot, sour, infested with live
weevils or other Insects injurious to stored
grain, or are otherwise of distinctly low
ei uaTIt v.
In the case of white oats No. 1 shall be
cool and sweet and of good white creamy
coior: 4 per cent of other colors allowed In
No. 1 red. gray or black oats; 10 per cent
of other colors ailowrd In No. 2 red, gray
or black oats. The percentage of moisture
In rrades Nos. 1. 2 and 3 shall not exceu
ii --h in rrade No. 4 shall not exceed 1.
No limits are specifically stated for
rf.m.re other than heat and other grams.
These are taken care of by the minimum
requirement for -sound cultivated oau" In
.- ... Th. following example lliui-
...... na 'application of the tabulation:
h.i MthAP requirements, such as
condition and general appearance and
welaht per bushel, a lot of oats, to grade
. i ,t eontaln 99 per cent "sound cum
. o3i The remaining z per cent may
be damaged grains, foreign material, other
grains or wild oats, sltner sing:y or m
combination. The only limitation on this
remaining - per cent is that not more than
1-lOth ot 1 per rnt may be heat damaged.
ALL APPLE MARKETS HOLD FIRM
fcappty Storage " " Compared With
fear Age.
The demand for apple wa moderate and
local prices were unchanged. Two cars were
hipped to New Tork.
In the eastern markets during the pant
week apple values continued firm with
most changes slightly upward. New Tork
Baldwins A 2S from cold storage stIU
ranged .50t10 per barrel f. o. b. tn ship
ping sections and 19.30911 In leading con
cerning markets. Torks A 24 from cold stor
age held at 110 In Philadelphia. Southern
llen-Davls. A 24. from cold storage ranged
X.rm at $7.50. Northwestern extra fancy
boxed winesaps continued steady In consum
ing markets mostly at 4 04.50. Shipments
.r barreled stock were about steady with
SIC cars, compared with 835 laat week
and 1179 for the corresponding week last
year. Boxed apples aecreaaea
compared to 171 last week and 411 for the
corresponding week last year.
Apple holdings in cold storage March 1,
80S.131 barrels and 2.411.71 boxes, a de
crease of 89.1 per cent compared with a
year ago and 69.8 per cent compared with
December t, 1!1- .
however. Issued by the bureau of markets
this week, showing the storage stocks avail
able for such public trading, aelde from
United States and allied governments' hold
ings, to be 38.5 per cent less on March 1
this year than on March 1, IBIS, Pave tent
strength to the market.
Bank Clearings.
Bank clearings of the northwestern cities
yesterday were as follows.
riearlnrs. Balances.
Tn-H.n4 17.501. ST tl.SSl.O.ii
Seattle 6. l,476.aS
Tromm 94.K. !.'J47
bDokana . 1.USS.304 443,710
POBTLAND MARKET QUOTATIONS
Grain, ITonr, Feed. Etc
Merchants Exchange, noon session.
Bid
Oals March. April.
No. S white feed 4o.00
Bar ef
Standard feed 4 SO 47.50
Standard "A" 47.50 48.00
May.
14ti.n0
47.00
4S.IHJ
4 4. SO
47.00
57.r.n
67.50
ONION
rproutcd
MARKET
IS
WEAKENING
nd Resorted Stock Offered at
Lower Price.
Six cars of onions have come on the mar
Vets in the past few days and the stock
was mostly sprouted. With the demand
alow, prices weakened. A few sales of
fancy stock were made at 14.50 but ordi
nary grade moved at 13 94, and boilers
around S -. 50.
Potatoes continued firm at $1.6091.75 for
ir.-od BurbanKs and Netted Gems. Oregon
lita:o shipments were two cars to Sacra-
mrnto and one each to Stockton. Redding
and klucene.
A straight car of YValla Walla spinach war
yeeived and put on sale at $1.25 a box.
California axpararus, which has been ar
riving daily for the past ten days, was
cheaper at 27'.';rT30tT a pound. Sweet po
tatoes were advanced to cents.
TWO-CENT BITTER ADVANCE TODAT
larket Improve With Cleaning Cp ef Last
Week's Receipts.
With last week's large receipts of cube
tb'ittrr cleaning up, the market also has
taken on a fctronger tone. This morning
there mill be a 2-ccnt advance in print to
the buia of 61 cents for parchment-wrapped
in box lots. Portland has been the only
vrak butter market recently. In the cast
pnd in California there were advances yes
terday ranging from 2 to 3 cents and this
lictped bring about the change here. Few
tales ot cubes were reported during the day
by street sellers. Kxtras were held at 57
.Sc.
Receipts on Monday were only 1755 pounds,
from Oregon. ln the same day last week
M47 pounds arrived Since March 1 receipts
have been 137.29S pounds. Stocks of fresh
Vutter on the market yesterday were tfou
cubes and "19 boxes, against 711 cubes and
219 boxes on th preceding day.
1IRT SALE &TORAGE I'.VCK EGCS
Carload Is Turned for Shipment Market Is
Firm.
The Increase In egg receipts has not
affected the market, ahich continues firm.
Pupplle are cleaning up. The first car of
rtorase pa,-k was sold yesterday to be
ahipped. Ca.h buyers are paying 3St384
cnts delivered, and jobbing sales are be
ing made at SPsSd1 cents. I.ocal re-c-ipts
on Monday were reported by the
Lureau of markets aa follows:
By
Oriein Expre. Freight.
Tr-g.kfi
'Washington 1-
177
111
Total 555 190.
The total of 751 cases compares with 690
en the came day last week. Receipte since
March 1 have been Seel cases. The supply
o the locsl market yesterday was 19&
cased, aa aralnet 1655 cases on Monday.
World Sopply of Breadstuff.
The world's supply of breadstuffs In bush
e'a Is estimated as follows:
Kastern oats and corn in bulk:
Oata
No. 3 white 44.S0
3S-pound clipped white 47.00 47.50
corn
No. S yellow 6S.50 SS 50
No. 3 mixed -53.00 Oti.UO
WHEAT Government basis. 12.29 per bo,
FLOUR Patents. 111.05 psr bbl.: bakers'.
I10 70O10S5: whole wheat. 19.83910: gra
ham. $9.65090; whole wheat. (9.S501O.IS.
MILLFEED Mill run, t. o b. mill, carlots
$40 per ton: mixed cars, $40.50; ton lota or
ever. 142: less than tone, 143: rolled barley.
I5i54; rolled oata, $5355: ground barley,
1534154.
CORK Whole, ton. $840 M; cracked. $M
CM.
HAT BOvtnr prices, f. o. b. Portland;
Eastern Orexon timothy. 130O S3 per ton;
alfalfa, $25.50; valley grain hay, $26; clover.
$ZS7; straw, $9910.
Dairy and Country Prod nee.
BUTTER Cubes, extras. 87 e 38c lb.:
prints, parchment wrappers, extra, box lots.
61c: cartons, ti-c; halt boxes. Mc more: less
than half boxes la more; butterfat. ro. 1,
61 62c per pound station.
EGOS Oregon ranch, case count, 89 0
3D!4c: candled. 40c; selects. 42c
CHEESE Tillamook, f. o. o Tillamook:
Triplets. 32; Young Americas, 33c; Coos and
Curry, f. o. b.. Myrtle point, triplets. 31 c;
Young Americas, 324c; longhornx, 52 c
POULTRY Hens, 31 33c; roosters, 18c:
stags, 21c; ducks and geese, nominal; tur
kes. live, 344?35c: dressed. 41V45C.
VEAL Fancy, 20c per pound.
PORK Fancy. 23c per pound.
Fruits and Vegetables.
Local jobbing quotations:
FRUITS Oranges. navels, $4.509$.B0;
lemons. $4.235.75 per box; bananas, 8Vs09c
per pound: applca, $L75(4 per box; grape
fruit. $3.7569.25.
VEGtirABLKH Cabbage. 5063.50 per
100 pounds; lettuce. $3.50 0 5.25 per crate;
peppers, 45c per pound; celery. $9011 per
crate; arucnok.es, xi.oo; cauliflower, $2.25
03.50 per crate; aquasb, 3Hc per pound
beets. $2.25 per sack; carrota, $3 per sack
turnips. $202.25 per sack; cucumbers, $2.25
per aoxen: tomatoes. 94 per box; spinach,
$1.25 per box; peas, 20c per pound; rhubarb,
123tfl5c per pound; asparagus, 27Ht730c
per pound.
POTATOES Oregon Burbanks, graded,
$1.5001.75; Takimas, $1.5001.76; sweets,
6 cents.
ONIONS Oregon, jobbing price, $304.50
Etaplo Groceries.
Local jobbing quotations:
SUGAR back basis: Fruit and berry,
$9.55: beat, $9.25: extra C. $9.13; powdered
in barrels, $10.25; cubes la barrels, $19.45.
NUTa Walnuts, 37035c; Braxil nuts, 33a,
filberts. 28c: almonds, 24 0 30c; peanuts, lie
SALT Half-ground, 100a, $15.90 per ton;
60s, $17.25 per ton; dairy, $25 per ton.
Ulcfcl Unbroken. 90 Ho per pound.
KUANS Jobbing prices: White, ItiO
lOVic; colored. S09c
COFFEK Roasted. In drama, 25040a,
Frovlslona.
Local- jobbing quotations:
HAMS All sizes, choice, 37'i038c; stand
ard. 3U'.4j37-; skinned. 34c; picnic, 25c;
cottago roll. 33c.
I.AKD Tierce basis, 29c; compound
23!;c.
liul SALT Short, clear backs, 27038c;
plates, 23tjj 25c; exports, SOc '
BACON Fancy, 4951c; standard, 420
45c; choice, 35 ft 40c.
Hope. Mohair, Ets.
HOPS Oregon. 1918 crop, 380 400 per
ilOHAIH l'.'lll clip. 40c per pound.
TALLOW No. 1, fro per pound; No. 2, 4s
per pound; grease. No. c; No. 2, 3e pet
pound.
CAsCARA BARK Old, 13c per pound.
!H0GS ARE DIME HIGHER
BUYERS P.VT $18.35 FOR BEST
GRADE OF SWLNE.
Good Cattle Continue Firm, but
Common Stock Is Slow Sale.
Day's Run Small.
Only three loads of stock were received
at the yards yesterday, but enough waa held
over from the preceding day to make a
fairly active market. Hogs were the strong
feature of trading and prices advanced a
dime to $18.35 for top grade. The bulk of
sales were at $18.25 1S.35. Good cattle
continued firm, but common cattle was slow.
Receipts were 100 cattle, 6 calves and 65
hogs.
The day's sales were as follows:
Wgt. Price.
23 steers.. 1087 $13 10
24 steers.. 1067 13.25
War- Price.
1 cow... 840 $10.50
3 cows.. 1013 11.501
IT COWS.. 903
7 COWS. . 850
1 Cow... 9110
31 mixed. 540
28 mixed. 633
1 steer.. 860
11 steers. 815
1 calf... 260
2 bulls. .1115
1 bull. ..1050
8 hogs.. 165
4 hogs.. 325
5 hoca.. 14R
537 lambs. 72
5 lambs. 112
24 steers. 1083
8.001
7.50
D.OOl
7.50!
9 25
12.3,
9.00
9.00
1S5
312
308
340
202
183
128
12.50
9 35
6.00
11.50
12.00
7.50
13.50
18.35
3 8.25
17.25
36.25
36 35
38.35
18.00
16.75
17.00
15 steers.. 3237
S3 cows... 8S0
1 cow 1120
17 cows... 832
1 cow 1380
8 bulls.. 14.82
S calves.. 230
00 hoes 212
7.50 244 hogs. .
6.001 4 hogs..
38.251 12 hogs..
16.251 6 hogs..
18.151124 hogs..
15.50 82 hogs..
36.75 24 hoes. .
11.00 2 hogs... 150
Prices quoted at the local yard followi
Cam
Best steers S13 nn14 09
Good to choice steers ll.5O12.S0
-Medium to good steers 10.00W11.00
lair to CMd Steers niuiMinnn
common to lair steers. ........ . S.OO'fi) y.oo
moice cows and heifers 10.5012.0
Good to choice cows, heifers... O.OOW10.50
Medium to good cows, heifers... 8.00 0 7.5t
rair to medium cama. h r.ra KWll TIM
Canners 8.500 5.00
ul-s 6.00'iJ 8.00
waives 9.50l4.Of
Stockers and feeders.... 7.00 010.0$
Prime mixed
.Mealum mixed
Hough heavioa
Pigs
Sheen
Prime lambs
rair to medium inmh.
Yearlings
Wethers
Ewes
.... 18.10018.35
.... 17.7S1S.00
. ... 16.00f 17.00
.... 15.00 016.00
15.50016.50
13.50 xt 14.50
11.0012.00
9 00 w 10.01)
$.50010.50
ORIGIN OF LIVESTOCK LOADED
Shipments to the Leading; Markets of the
Pacific Northwest,
State . origins of decks of livestock lniA
arcn ii, xvx-j:
Cattle, Horses,Mlxed
uaives.iiogs.sneep. Mules. Stock.
r or rortiand
17
17
15
14
1 1
13
2 1 1
2 I 1
31 8 3
0 4 2
2 1
5 8 .... 1
Jii I
6 8 2
6 4 2
1 .... .... ....
3 1
Oregon
Ttl. Portland
On week ago. .
our weeks aso
One year ago..
for seams
Oregon
Washington ...
Totals Seattle
One week ago..
four weetcs ago
One year ago
Kor Sookane
Montana 1
Washington ... K
Ttla. SDokana 3 1
One week ago.. 1 1 2
Four weeks ago.... 2
One year ago.. 8 1 4 .... 1
Loaded for all American market:
Ttla. March IT. I'M.! iOaiO 630 1WI 47
ne week ago. .L'T'.'d 2470 &o 3. fc7
Four wka. ago. 2714 ItHUS iH:, 1S 479
One year ago..l.S12 406 240 474
Chicago Iairettock Market.
CHICAGO, March 18. tUnited States Bu
reau of Markets. Hoga Receipts 23,000,
fairly active, mostly 25c to SOc higher than
yesterday's average. Bulk of sales. $19.35 f
ltt.ttO; heavy weight, $l.G04i 19.70; medium
weight, S 19.40 n lW.tW; lightweight. S18.85
light. Jl 7. 50 ir IS. 70: sows, S17.G01;
pigs. $16.7517.50.
CattJe Receipt 14.000, beef steers steady;
she stock and feeders, steady to strong;
calves slow, lower. Heavy beef eteera, $12
20.o0: light beef steers. $10(918.75: butcher
cows and heifers, $7.40015.60; canners and
cutters. $610; veal calves, $14017; stock
ers and feeder steers, $8.25015.25.
Sheep Receipts 11.000, market steady to
c higher. Lambs, 84 pounds or less. $18.75
20.00; 85 pounds or better, $18.25ft20.50;
culls and common, $15.50018; ewes, medium
nd choice, $12015; culls and common,
$6311.25. i
Omaha livestock Market.
OMAHA. March 18. Hogs Receipfs 18,
700. 15c to Soc higher. Heavy, $18,600
10.0: mixed. $18.50018.75; light. $180
18.75; pigs, $13017.50; bulk of sales, $18.50
eis oo.
Cattle KecelPlB w:vv. steaur m strung.
Xative steers. $130 18.75. cows and heifers,
S7.50$ 14.25; western steers, $10016.50;
Texas steers. $9013.50; cows and heifers,
$74i 12.50; canners, $5.5006.75; stockers and
feeders, $6.5016; calves, $&g-nuns,
stags, etc., $7 911.
Sheep Receipts 14.500. 15c to 25c higher.
Oni. KTSU: wethers. $13.70010.50: ewes.
12.50013.75: feeding lambs, $12.50018.75;
lambs, $19020.25; yearlings, $16.50 IS.
people. It Is asserted, are dying of cold.
hunger and disease. .Necessary supplies of
food and seed, especially the latter, axe ur
gently wanted.
Ikndon Exchange Market Disturbed.
LOXDO.V. March 18. Abandonment ot
the control of French exchange has created
great nervousness in the money market here.
Fears that similar action was Imminent in
connection with New York exchange caused
the cable transfer rate in London to fall
somewhat today. From the opening of the
market it exhibited a disturbed, almost
panicky condition. An enormous business
was done in dollars around the figure of
$4.69 for a pound sterling Some bids made
late in the afternoon were at the rata of
$4.67, notwithstanding the fact that the
New York cable rate has remained at the
old level of $4,764.
Exchange exnerta Inclined to the belief
that int vested authorities will continue, the
stabilisation of New York exchange in
order to avoid the almost world-wide dis
turbance which, it Is considered, might re-
suit from the abandonment of control.
SAX FRANCISCO PRODUCE MARK ITT
Prices Current on Eggs, Vegetables, Fresh
Fruits. Etc., at Bay City.
SAV FRANCISCO. March IS. Eggs-
Fresh extras, 43c: fresh extra pullets. 41c.
Cheese New iirsts, unquote a; uregon
Young Americas, 41c.
Poultry Hens, large, 36 37c ; sms n, as
4940c: strictly, young roosters, 45 0 50c
broilers. 50 0 55c; fryers. 46050c; geese, 29
031c: turkeys, dressed, 40042c; pigeons,
$2.2503; squabs, 6O06oc
Vegetables Asparagus, 15 7t 20c ; celery,
$6.00 0 8.00 ; cream squash, 90c 0 $1.00 ; to
matoes, $2.50 0 3.00; lettuce, Los Angeles,
$3.5003.75; Watsonville, $2.0002.50; po
tatoes, cental nettea gems. 3j.vv&j. id
rivers, $1.6002.00; sweet, $4.0004.25; onions,
$3.7504.00; green, $1.25; cauliflower, 80 0
85c; green peas. 10011c; rhubarb, $202.50
Sebastopol, and $1.5001.75. Los Angeles
sprouts, 60Sc; mushrooms. 25 0 50c; spinach,
305c; cucumbers, $4.0004.25; string beans,
Florida, 40050c; carrots, $1.5001.75
French, $2.0002.50; beets, $1.6002.00; tur
nips, $1.5001.75; garlic, 5O07c
Fruit Lemons, $3.0004.00; eranges, navel,
$4.00 0 5.00: tangerines and mandarines.
$3.000 3.50; grapefruit, $2.5004.00; bananas,
607tc; pineapples, $3.0004.50; apples,
Newtown Pippins, $3.2503.50; Oregon
Spitzenberg, $3.2503.50; pears. Winter Nell is.
$3.0004.00; Ioquats, 15 020c pound; straw-
Dcrnes, j.o'33.ou per crate.
Receipts Flour. 595S quarters; barley,
2008 centals; beans, 221 sacks; potatoes.
4:t65 sacks; onions. 72 sacks; hay, 115 tons;
niaes, eu; wine, 13,700 gallons.
RISE IN UN CHECKED
SETTLEMENT OF ARGENTINE
STRIKE WEAKENS MARKET
Chicago Prices Close Lower After
Touching New High Rec
ords for Season.
CHICAGO. March IS. Reports of the
virtual settlement of the shipping strike at
JJuenos Aires weakened the corn market to
day after values had touched new hich rec
ords of the season. The close was unset
tled, 1 net lower to an advance of 2c,
wan May 1.42 to and July 1.84
to $1.35. Oats finished to lc up and pro
visions with a cain of 47r to $1.
Opinions that oata would be lareelv nib.
stituted for corn aa feed hereafter strength
ened oats.
Sharp advances in the hor market mad.
provisions jump to the maximum limit.
follows:
Leading futures ranged
CORN.
Open. High. Low.
..$1.42 tl.44 1.42
.. 1.33 M 1.37 1.34
OATS.
.6.', ',4 .64
.OiK .03
MESS PORK.
.48.7S 475 48.30
43.50 43.70 43.25
Mar
July
May
July
May
July
.64
.63
Close.
S 1.4-2U.
1.34
.64
.63
43.70
LARD.
44.70
43.70
May
July
7.5S
27.5
28 05
27.60
May
July
25.67
24.35
Oils.
GASOLINE Bulk. 21c: engine distillate,
hulk, 13 tec; Kerosene, ouia. Jltic, cases.
m;c.
LINSEKD OIL Raw, barrels. $1.80: cases.
si.wj; coiica, oarreis. ax.ai cases, ai.u.
iLBft.Mlit in uitiKs, sue; cauca, 89c
Uidea and Fulls.
HIDES No. 1 salt-cured hides. $0 pounds
and up, 13c: No. 1 part-cured hides. 3d
pounds and up. 11 He: No. 1 green hides,
30 pounds ana up, iw, a sji-curea
bulls. 50 pounds ana up, ivc: ro. x part-
cured bull. 50 pounds and up, Hiic; No. 1
green bulls. 50 pounds and up. 7o. The price
on No. a niaea is u jw jruuuu ich tuau ior
No. 1 ot same kind. No. 1 calfskins up to 11
nound. 30c: No. 2 calfskins up to 15 pounds.
2Sc; No. 1 kip, 15 to 30 pounds, 16c; No. 2
kip. 1 to su pounas. jog; ary xunt niues.
7 pounds and up, 27c: dry flint calf, under
7 pounds, 21c: dry salt bides, 7 pounds and
un il-Ici dry salt calf, u&aer 7 pounds. 32c:
ary cull hides, half price; dry flint stags
or Dulls, lec; dry salt atags or bulls. 12c;
dry cull stags or bulls, half price; dry horse
hides, accoruing to sue and take-off. $!.
to $50 eacn; aauea uorse uiuua, to aa,
lt.L,rjj ry long-woo peiia. per pouna.
oc: salted long-wool pelta. $1.50ex.Se
each, dry long-haired goat akina, per pound,
?0c; dry snort-hatred goat skina, eaca, H
te 75c.
aval Stores.
SAVANNAH. Ra., March 18. Turpentine
firm. 6Sc; sales, 102 barrels: receipts. 13
Ceuntnee
Afloat tn Kurope
1-n store tu I nurd Kingdom.
In store ia Ara-.-jitin. . . . ...
In store in Australia
In store In 1 nltrtl tslatce...
in store in. Cauada. ...... ...
Mar. tl!.
22'.."'0').oo
. l.a."n.lX
.l.00.tMHI
.llil.JM.WKI
. 67.72S.OOO
Feb. 1.MHL
2tt.3ttO.lXK
44,,0(M)
l.HtSTi.tlOO
16t.(00,000
174.7U,1KM
64.K73.0U4
Mar. 11 S.
50.0OO.O0O
3O,0oy,0to
5.660.000
loo.noo.ooo
26.S1S.0O0
35.V23.000
Total
intimated.
i.OOO 474.600,000 244.101,000
top Triers aeler.
TVcllnes In some of the eastern brands of
itaptha an.t white aoaps are announced by
.bbers. Mamifacturers have been saying
-ip pri--e would not drop. oing te the
ftlE teBiMil Xiom i.urop (oc lata, but
barrels; shipments. T barrels; stock. 24,736
barrets.
Rosin,-nominal; sales, none; receipts, 23S
barren: shipments, none; stbek, 66.317 bar
r.;. Quote: It. $13.10: D. K, $13.15; K,
$i::.2A; ?. $13.2.-.; II, $13..-.i: I. 13..".: K,
SI.. 75: M. $lti.25; .N", $16.30; WG, $16.30'.
WW, Jifcii, . L , .
Seattle Livestock Market.
SEATTLE, March IS. Hogs Receipts
441. Steady. Prime. $l.50wlS.7u; medium
to choice. $lH.256,18.4."i; rough heavies,
$l.25l16.75: Pigs. $1G.2517.75.
Cattle Receipts 168. Unsteady. Best
tr 1 l.S0i 14.50; medium to choice
steers. $10.5011; common to rood steers,
$7010; best cows and heifers, $812; com
mon to sood cows and heifers, $610; bulls,
$69.50; calves, $713.
BARLEY CONTTNtTKS TO ADVANCE
Bids en laical Board Are 60c l Higher
Than on Monday.
Barley continued to advance at San Fran
cisco, with a sale of May at $2.3314, as
against $2.21 on Monday, while $3 was asked
for December. On the tocal board bids on
Standard A were raised $1 a ton to- $47.60
for March and $18 for April and May, and
feed was 50c ft $1 higher at $46.50 for March,
$17.50 for April and $47 or May.
Offers for yellow corn were advanced si
L&O and mixed corn was up J1.502 as com
pared with Monday. Eastern oata bids were
raised 50oS$l, but local sacked oats were
50o cheaper.
Weather conditions In the middle west, as
wired from Chicago: "Minneapolis, part
cloudy, 33. Winnipeg, clear, 15. Illinois,
Missouri, Kansas and Nebraska, clear, 3S to
62. Ohio -allcy, rain is over. Forecasts:
Grain belt, generally fair and warmer to
night and Wednesday; mostly partly cloudy.
Cooler in North and South Dakota and Ne
braska." Terminal receipts, in care, were reported
by the Merchants Exchange as follows:
Wheat. Bar. Flour. Oats. Hay.
Portland Toes.. 16 ... J
Year ao 1
Season to date..6vt 92S 2122
Year ago 3652 303 SA5
Ta corn a Mon. .. 4 -
Year ago 16
Season to date..412 22 ...
Year afro .... .4067 76 ...
Seattle Monday. T 3 B
Yoar ago 27 . . . 7
Season to date..4S64 71 1031
Year ago 3SS 274 1366
5
619
120t
"i
ir.s
227
1
512
&S1
2
2770
1771
1
1O60
1411
"i
2306
2836
7.60
SHORT RIBS.
...25.55 25.67 25.41)
...24.25 24.37 4.22
Cash prices were:
Corn No. 3 yellow. $1.63: No A vit
f 1.60 1.68; No. & yellow. $L501.52.
OatS NO. 3 White. 63 tA ta RTtP stnnriaT-
S46C6c.
Rye No. 2. $1.611.63H.
Barley 92c S $1.01.
Timothy $7&10.
Clover Nominal.
Pork Nominal.
Lard $28.50.
Elba Nominal. "
PfiOFIT-SELLING WEAKEHS
SPECULATIVE B003I IN STOCKS
RUNS ITS COURSE.
Traders Turn to Secondary or Less
Important Issues Bonds ,
Steady to Firm.
NEW YORK. March 18. Trading on the
stock exchange today was noteworthy for
the fact that the early and intermediate
sessions were punctuated by frequent periods
or apathy in striking contrast to tne nign
pressure of -the past fortnight
Activity was most marked in the final
hour, when a temporary demand for high
grade rails infused strength to the general
list, but this inquiry flattened out when
other leaders reacted 1 to almost 5 points
on obvious selling for profits and offerings
for the short account. .
Accompanying the intermittent dullness
were surface indications that the recent
speculative whirl had run its course for a
wniie and that certain branches of the list
had become what is technically known as
state. ot only was the market move
ment less sustained, but the scope of the
trading also experienced a pronounced con
traction, concentsating- to an unusual ex
tent in specialties of thn wpnnriirv nr
important groups.
Apart from shippings, which were par
ticularly conspicuous with Atlantic Gulf at
an extreme advance of 6 points and Marine
bo,u i o-,j, unwontea activity
was dtsnlaved hv minn, ., i . n . 4
low-priced motors and oils, again including
Sinclair. Sales amounted to 1 ll5 nun ,h,r..
Domestic bonds, including lihartv
were steady to flrrh. h. ri i..T
evincing further irregularity, however, on I
' weaicness of Paris exchange.
Total sales, nar v,Ih. .. . ,
Old United Slat.. .i, j ..
call iini a rose n Dll
, uucnangea.
CLOSING STOCK QUOTATIONS.
Am Beet Sugar. any"
American l-un -t
Am Car Xf Krirv '.:,i
Am Loco ex div 2,100
Am Sm & Refg. 4,!00
Am Sugar Retg. 300
lei as xel. . 1,900
Am "4 L i Sm
Anaconda Cop..
Atchison
A G & WISSL 27,300
Bait & Ohio ... 500
Bethlehem B... 8,soo
B & S Copper.. 6,700
Calif Petrol ... 1,300
Canadian Paclf. 1 Inn
Central Leather lo'.lOO
v.uca ee 71110 . &ih)
Chi M & St P. .. 3,000
C R I Jt: P tfn i:, nn
Chino Copper
Colo Fu & Iron. 2.000
Corn Prod Refg. 16.200
Crucible Steel .. 9,000
Cuba Cane Sug. 800
Distill Securities 15,800
Krie 1 'too
General Electric
General Motors. 6.1)00
Gt Nor pfd . 1,900
Gt Nor Ore ctfs 3,900
Illinois Central
Inspir Copper . . 500
Int M M pfd . .. 68,200
Inter Nickel ... 3,400
Inter Paper .... 3,300
K C Southern. .. 500
Kenn Cop ex div 2,000
Louis & Nash..
Maxwell Motors. 2.400
Mexican Petrol. 20,600
.mami t-opper. . ouu
Missouri Pacific 3,000
.Montana Power.
Nevada Copper.
.-M i central . ..
N Y N H & H. .
N'orf & West . ..
Northern Pacif.
Pacific Mail
Pennsylvania . .
Pittsburg Coal...
Ray Consol Cod.
Reading
Rep Ir & Steel.,
Shat Ariz Coo. .
Southern Pacif.
Southern Ry . ..
Studebaker Cor.
Texas Co
Union Pacific. .
U S Ind Alcohol 52.700
U S Steel 92,600
do pfd 500
TJtah Copper . .. 2,600
Western Union.. 3.200
Westing Electric 4,800
High.
75(4
47V4
Ml
671,4
69 Ii
118
105 ii
Low.
74 J,
47
90 54
66 'i
67
118),
104 5,
5,000 619s 60
300
1,300
1.100
9,200
300
600
'. "V.ioo
600
600
10.700
. 2,800
500
16,000
5.700
5,900
11,700
4.30U
11814
49
65 T4
22 li
163
721,
53 Va
89
25 U
"43
524
68
23'4
63
17Wi
164 ' "
1124
2,-1-4
47
39'4
30!4
"b
189
22
25
74 i
15T4
76
31
10514
93
4!i'4
8S2
81
1014
102-4
29
64
217
130 V,
146
96
114
71
89
40 ',i
113
48 V4
65
20
26V4
163
70 '4
58
SU
24 94
42
51
' 6654
234
63H
42
ios
25
40 "4
1914
29
"46"
18514
22
2414
7414
35
75
29
303
93
"44 M
4S
1914
83
81
10
101
28
63
213
129
339
94
114
71
8S
46
Last
, Sale.
74
47
90
66
68
118
104
103
60
411
65
20
26
1U.,
70
6S'
24 S
33
4JVj
" 52
66
23
64
1714
162
94
46
110
25
46
JU
30
185
2J
24
74
7.)
30
105
93
33
44
48
39
84
81
10
102
28
63
214
329
144
94
114
71
88
46
Bid.
BONDS.
TJ S lib 3s. .. 98.88IAtch gen 4s.. 82
do 1 con 4s.. 94.24! l oi It ti rei OS -114
do 2d 4s 93.74iN Y Cen deb 6s 98
do 1 con 41is 94.36!Nor Pac 4s 83
do 2 con 4s 93.74iNor Pac 8s T.ffi
do 3d 4s.. SS.OfllPac T & T 5s.. 92
Minneapolis Grain Market.
MINNEAPOLIS, March 18. Barley, 80
97c
Flax, $3.7083.72.
Grain at San Francisco.
SAN FRANCISCO, March 18. Flour
$11.50 per barrel. '
Grain Wheat, federal basis, $2.20: white
feed oats, unquoted; California yellow corn
$2.152.25: barley, feed, $2.052.15.
Hay Wheat or wheat and oats. $19'520-
i?m-e,oats' 20: 15&17; alfalfa,
$13&18; barley straw, 00 'g SOc.
Meals Alfalfa, $3234; cocoanut, un
quoted. Kastern Egrs and Cheese.
NEW YORK, March 18. Eggs steady, un
do 4th 4s
TJ S ref 2s cou
It 8 3a reg...
TJ S 3s cou...
U S 4s reg. .
U S 4s cou.
03.78
97
. "X9
. 89
.105
.105
Penn con 4s.. 95
Union Pac 4s. . 86
TJ S Steel 5s.. 100
Sou Pao cv 5s. 103
Anglo-Frnch 5s 9754
Cheese firm, unchanged.
CHICAGO. March 13. Eggs, higher. Re
ceipts 21.154 cases: firsts, 3939c; or
dinary firsts, 38te3Sc; at mark, cases in
cluded, 3S4ySc
New Tork Sugar Market.
NEW YORK. March 18 inp
changed.
DAILY METEOROLOGICAL REPORT.
PORTLAND. March 18. Maximum tem
perature, 54 degrees; minimum, 47 degreea
River reading. 8 A. 6.8 feetr r-hn
in last 24 hours, 0.7 foot rise. Total rain
fall 15 P. M. to 5 P. M.), 0.81 inches.
Total rainfall since September 3, 1919 34 41
Inches; normal, 34.74 Indies; deficiency, 0 33
inch. Sunrise, 6:18 A. M.: sunset. 6:20 P.
M. Total sunshine, 2 hours 33 minutes-
possibleJ2 hours 2 minutes. Moonrise, 8:45
P. M. ; ffioonset. 6:52 A. M. 'Barometer re-
ucea to sea level o r. 15H.H.. lnhB
Relative humidity at noon, 81 per cent.
THE WEATHER.
Bid.
Mining Storks at Boston.
BOSTON, March 18. Closing quotations:
Allouez 41
Ariz Com 1154
Cal & Ariz M
Cal & Hccla 395
Centennial 1
E Butte C Mill. .
Franklin
Osceola
Quincy
Superior .
Sup & Bos M.
'Shannon ....
SHiiUtah Con....
3 IWinona
Wolverine
45
.. 54
. . 4
1 15-16
.. 1
.. 8
90
17
, K S J Wind
a S 2S Tr7
g 3 ! 3
5 o o o
S g c - 2
STATIONS I J "I f
-a s ' :
:
c a : ;
0 - . .
ECROrEAJT PROSrKCTS ARB GOOD
Favorable Crop Reports From England,
France, Italy and Spain.
Prospects for the coming crop In Europe
are cabled by Broomhall as follows:
France. Weather has been generally fa
vorable and fair progress made ra prepara
tions for spring sowing. Condition of new
crops is considered satisfactory.
Italy. Reports speak favorably of condi
tions In northern and southern regions. It
is confirmed, however, that the acreage la
materially smaller than last year. Weather
conditions are favorable.
United Kingdom. Weather conditions have
been favorable and work has proceeded with
more activity than heretofore. There is
much land to be plowed and seeded, and It
is hoped that fine weather will continue and
that severe frosts will not be experienced.
Spain. All advices confirm favorable
prospects for the new wheat crop, the con
dition of which is considered good. Sup
plies of wheat remain liberal.
North Africa. seasonaots rains in Morocco
enabled growers to sow winter crops under
favorable conditions and make timely prep
arations for spring sowing. Crop reports in
dicate area equal to that of last year.
Balkan Countries. Food conditions In
KjiiiTniy'r are described, aa vary. bad. Alacxj
Ifiaker 44 46i0:0. .SW Rain
Boise 52 54i0.02'10jW Cloudy
Boston 3S 50;o.3S..N Rain
Calgary , 32 320.U0. .INE Cloudy
Chicago 34 40 0.14 . . K Clear
Denver 32 72 O.OOIIONW Clear
Dcs Moinea .. 32 62 0.00 10IS Olear
Eureka 48 52 1 .06 . . SE Cloudy
Galveston 56 - 66 0.00 . .s Clear
Helena 44 56 0.00L . S W Cloudy
tJuneau 12 22!O.0Of. .INE Clear
Kansas City .. 42 64jO.OOll4'S Clear
Los Angeles... 50 70IO .OO'MiSW Pt. cloudy
Marshfield ... 42 52!1.1S. .ISW Cloudy
Medford 41 52j0. 1S;12:NW Cloudy
Minneapolis .. 24 52 O.OOIlSiS Cloudy
New Orleans.. 58 700.00 . .NW Clear
NewYork.... 4S 620. lo30iNW Clear
North Head .. 42 500. 30!14NW Pt. cloudy
North Yakima. 40 5210. 00I14INW Clear
Phoenix 46 82j0.0O . . NW Clear
Pocatelio 38 52i0.00 ..s Cloudy
Portland 48 5410.80 . .S Cloudy
Roseburg 44 560.421.. SW Rain
Sacramento .. 4S 58 0.06I16 SW Pt. cloudy
St. Louis 40 58!0.00j..SE Clear
Salt Lake .... 40 tiOIO.OO . . NW Cloudy
San Diego ... 50 0 O.OUl. .!NW Pt. cloudy
San Francisco. 46 5 0.12I101SW Pt. cloudy
Seattle 42 50:0.20 . ,NW Cloudy
Spokane 42 500. OS ..w Cloudy
Tacoma 42 48 0.081. .SW Cloudy
Tatoosh Island. ... Bo. 0.24I20INW Clear
tValdes 2 24'0.00. ,NE Pt. cloudy
Walla Walla.. 46 4810.701. .ISW Rain
Washington .. 52 5S;0.16112fNW Clear
Winnipeg 101 40!0.Q0I12-S ICloudy
tA. M. today; P. M. report preceding day.
FORECASTS.
Portland and vicinity Wednesday rain;
moderate northwesterly winds.
Oregon and Washington Wednesday rain;
moderate northwesterly winds.
Idaho Showers and colder.
EDWARD L. WELLS. Meteorologist.
We pay 23c for top block pork.
We pay 17c for top young veal.
We pay less for inferior stuff.
We never charge commission.
Frank I,. Smith. Meat Co. ft
22 8 Alder St., Portland, Or. Adv.
Tol. Tinv tnn . "J t
Lake Copper.-.. 3Greeno Cananea. 42
Old DominloifT.. 34
Money. Exchange, Etc.
NEW YORK, March I8.1 Mercantile pa
per, unchanged.
Sterling, unchanged. Francs, demand 0.16;
cables, 5.75. Guilders, demand, 40; cables,
40. Lire, unchanged.
-Mexican dollars, unchanged.
Time loans, steady, unchanged.
Call money easier; high, 4 per cent: low,
3 percent; 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, March 18. Money and discount
unchanged.
COAST AND EASTERN DAIRY PRODUCE
Batter Market Conditions at Leading Dis
tribution Points.
Eastern and San Francisco trade reports
received by wire yesterday at the local of
fice of Bureau of Markets:
Ran Francisco An advance or aoout
cents took place today and was somewhat
of a surprise to a few dealers. Eastern buy
ers and inquiries were numerous and very
little attention is being given to quality of
goods purchased, fc-onie cars or Dutter are
about ready for shipment east and prices
being paid are slightly above quotations for
top scores, rne oemana appears uunmueu
just now with only a few dealers holding
anv eurnlus stocks. 93 score 68c.
Chicago The market was exceedingly
firm with prices advanced 2 to 3c on
most all grades. Very little butter was
available for trading and receipts were soon
disDosed of. cars or centralized were espe.
cially active yesterday afternoon, selling for
60c and today at 62Qi62c One car report
ed was sold lor twc. ueaiers report conti
dence in the firm condition as the shortage
of butter on all markets is now evident.
Receipts are not sufficient to meet the de
mand. 92 score o-i-c.
New York Practically the same conditions
as existed on the market yesterday prevailed
today with another advance in prices
amounting to 2c, which apparently has no
tenoency iq UEUBaa no ucuaitu iui ii
frrades. The supply of all qualities is in
sufficient at the present time and receivers
who have butter are making no effort to
push their current arrivals. The supply of
centralized cars is very light and for 80-
polnt goods dealers nave no difficulty ,in
obtaining 64c. The export buying has
cleaned up nearly all the available under
grades or short-held goods. Receipts yes
terday amounted to 11,485 tubs. Storage
holdings were reduced about 2000. while
the street stocks increased about 3000 tuba
92 score 65c
Metal Market.
NEW YORK, March IS. Copper, Iron and
lead, unchanged.
Spelter firm, r-pot and in arc n, e.izjj6.Z2c.
Dried Frnit at New Tork.
NEW YORK, March 18. Evaporated ap
ples quiet- Prunes, few here. Peaches firm.
Cotton Market.
NEW YORK. March 18. Cotton Spot
quiet. Middling. 28.45c
Doltrth Linseed Market.
DULTJTH, March 18. Linseed, $3.77.
Coffee Futures Irregular.
NEW YORK, March 18. The market for
coffee futures was very quiet today with
fluctuations irregular. una opening was
unchanged to 2 points lower under scat
tered liquidation or realizing, but offera were
light and notwithstanding a decline in San
tos futures, prices steadied In the late trad-
ng on covering ana traae Duying. iosiui.
bids: May. 15.10c; July, 34.58c; September,
met: October. 14.17c: December. 13.97c;
January. 13.92c; March. 13.2c.
snot coffee, steady: Rio 7s. 16 e: Santos
J 4a, 21 c. Cost and freight offers were some-
Municipal Bonds
To Yield 6
Every man owes It to himself and family to buy Government
and Municipal Bonds. They grive the best yield upon the Invest
ed capital, considering the safety of the security, of any other
form of Investment.
It may interest you to know that $1000 Invested In 6 bonds
and the interest reinvested annually in the same kind of
securities will, at the expiration of 20 years, amount to over
13200.
Make it a rule to own all the Government and Municipal
Bonds you possibly can. If you haven't sufficient money to buy
them outright, you may take advantage of our PARTIAL
PAYMENT PLAN.
Canadian Municipals to Yield 6
Rate Maturity Price Yield
166,000 Edmonton, City of. Gold .
Notes 6 P4A 1924 100.00 6.00
24,000 Gr. Winnipeg Water Dis. 5 J&J 1921 97.71 6.00
91,000 Gr. Winnipeg Water Dis. G J&J 1922 97.09 6.00
17,000 Gr. Winnipeg Water Dis. 5 F&A 1923 96.50 6.00
19,800 fGr. Winnipeg Water Dis. 5 J&D 1923 96.23 6.00
Denotes bonds- of $1000 denomination. fDenote bonds
of $100, $500 and $1000 denomination.
LIBERTY BONDS
v If you must sell your Liberty Bonds, sell to us.
If you can buy more Liberty Bonds, buy from us.
We buy and we sell Liberty Bonds at the market.
TOTJ CAXJTOT DO BETTER YOU MAY DO WORSK
On Tuesday, March 18, we paid the following prices for United States
Government Liberty Loan Bonds, which were the closing New York
prices plus the accrued interest.
3s 1st 4a 4s 1st 4Us 2d 4Hs 3d 43 4th 4 3
99.81 95.28 S5.12 95.47 95.20 95.11 95.49
In purchasing Liberty Bonds we deduct from the above prices S7c on
a $50 Bond and $3.50 on a $1000 Bond.
In selling Liberty Bonds we charge the New York market price plus
the accrued Interest.
Ask About Oar Partial Payment Plan
Bnrelar and Fireproof Safe Deposit Vaults
SAFE! DEPOSIT BOXCS FOR nuYT
MORRIS BROTHERS, Inc.
The Premier Municipal Bond House
309-311 STARK STREET, BET. 5TH AND 6TH (GROUND FLOOR)
Telephone Broadway 2151. Established Over 25 Years.
Charterid 1822
Farmers' Loan & Trust Company
16-22 William Street 475 Fifth Avenue
NEW YORK
MANAGEMENT OF ESTATES
CARE OF SECURITIES
DOMESTIC AND FOREIGN BANKING
FOREIGN EXCHANGE AND LETTERS OF CREDIT
London
ie Pali. Mali. East. S. W. 1
20 Old Broad Street. E. C. 2
Paris
41 boulevard haus9mann
Bordeaux
8 Cours du Chapeau Rouge
CITY OF PORTLAND, OREGON
6 IMPROVEMENT BONDS
Exempt From Present Income Tax
GOVERNMENT AND MUNICIPAL BONDS
BOUGHT AND SOLD
j . Devereaux RCompany
87 Sixth Street
Broadway 1042
Ground Floor Wells-Fareo Building
The Canadian Bank of Commerce
Banking Service
This Bank provides-every facility for the prompt and
efficient transaction of all kinds of banking business.
Fortland Branch Fourth and Stark Streets
what Irregular but were said to average
hiaher including Santoa 4s at 19.65c to 20.2oc
Loudon credits.
The first four-cylinder automobile!
was Drougnt out in uu".
Clark, Kendall & Co.
Second Floor
Northwestern Bank Bide.
Portland, Oregon
We Recommend and Offer
to Investors Carefully
Selected
GOVERNMENT. MUNICI
PAL and CORPORATION
BONDS
Denominations $50, $100,
$500. $1000
Wednesday and Thursday
We offer 23c on top hogs; 20c on
top veai; imc on nens.
We deduct no commiESion. '
Sheridan-Beckley Coa,
128 FRONT STREET
BANK BY MAIL
Interest Paid on Time
and Saving! Deposits)
Resonrcas Over
S20U.0O0.0O
BANK of GRESHAM
Greaham, Oregon
Under State Control.
CHEAP FEED
Is Furnished by
INDIANA SILOS
Get Our Free Feed Book
SPAULDING LOGGING CO.
Salem, Ore.
TRAVMR'RS' OI'IDK.
STEAMERS
The Dalles and Way Points.
Sailings, Tuesdays, Thursdays and
Saturdays, 10 P. M.
DALLES COLUMBIA LINE
Ash St. Dock. Broadway 3451
CRENCH LINC
touipMatiiie Gene rale TransatlanUque
NEW YOK.a Vj. .VCB
ttEKL DEPAUTCRKS.
Fugazl Bros., c. Coast Agent!, 109 Cherry
St.. Seattle, or any Local Agent.
AUSTRALIA
NEW ZEALAND AND SOUTH SEAS
Via Tab HI and Raratonff. Mall and p
encer aervice trout ban irancUco very 8
tiaya.
VNION . . CO. OF NUT ZEALAND.
130 California St.. San Craneiaeo.
ar lual aianuiu0 and cailroail aseaalaa