TIIE MORNING OREGONIAX, FRIDAY, MARCH 21, 1919.
23
EY PRICE MAY
L
BE ALMOST AT TOP
Dealers Think Demand for Ex
port Will Soon Subside.
NEW CROP IS NOT FAR OFF
ranged firm at $4.25 a 4.50 fn most leading
markets. Trading wu light, at shipping
I points. New York Baldwins A2S ruling at
$9.30 per barrel a ad ranging $910 per bar-
( rel la most leading jobbing markets, de
clining slightly In Philadelphia but hold-
ilng steady at $10011 In Chicago.
Bank Clearings.
Bank clearings of the northwestern
cities yesterday were as follows:
Clearings. Balances.
Portland 4.42.K.5 S DU.-'!
Seattle 7,llu,4. 2,6:t,."l4
Tacoma 1.S41.3U7 15.S13
Spokune l.:i7.40i 4-'y,0&y
PORTLAND. MARKET QUOTATIONS
Grain, Flour, Feed, Etc.
Merchants Exchange, noon session?
-Bid-
May Continues Strong at San Fran
Cisco Willi Bids Higher Than
Last bale.
Grain men believe barley prices on the
coils t are cow about at tha crest, though
the market may go a. dollar or two a ton
Ltgher. The stimulus has come from the
export demand in California for heavy
barley and when that is over they look fo?
prices to slide off. The new crop Is only
about days distant. The San Francisco
market continued strong yesterday with
i bid for May and $2.23 asked against
aales on the preceding day at $2.22.
At the local exchange bids os standard
A ranged from unchanged to 50 cents higher
than on Wednesday at $4S for March. $4S 30
for April and $4S for May. Feed barley
offers were raised $1 to $47.30 for March
and $18 for the later months.
Oats were the strongest of the eastern
grains, bulk white bids being $1.30 higher
and clipped up 30c$l. There was little
change in corn. Offers for sacked oats
were $2 over the day before.
Advices from Walla Walla are to the
effect that the heaviest rain In months
fell Tuesday. This has cut the seasonal
deficiency to less tiian an Inch. Wheat men
any there la now sufficient moisture fcind
what is now needed is good growing weather
whl'-li will make prospects unusually good.
Weather 'conditions in the middle west,
as wired from Chicago: "Minneapolis clear.
Duluth clear, fine. Winnipeg clear. -above,
balance of grain belt clear and fine
all over. Forecast: Partly cloudy, little
chanae In temperatures."
tirain bag dealers report a small amount
business passing. The market is fairly
steady at 11,rll'3 cents.
Terminal receipt, in cars, were reported
l-r the Merchant's Exchange as follows:
Portland. Thurs
Year ago 1'
season to tiate.'t-'o
T.-tr ago
Tacnma. Wed.. . l::
Tear ago 7
Season to date. 4t2'.
ear ago 4t,
Seattle. Wed
Tc.tr ago
Season to iate.1f7:
Tear ago r.:
WheAt Barley Flour Oats Hay
rrH
Mi
1
m
l'-'lS
1 4n
27 SO
177t
1
i:
inftt
142
2:t2H
BITTKR PRICLS ARE NOT O I FORM
More City 1 reamer ir Line I p at Higher
iuotution.
Mnre of the city creameries advanced to
the higher print quotation of M cents yes
terday and others announced their intention
to go up today. Only two of the larger
plants held at the lower price of r.ft cents,
though In sections of the city where there
was competition the latter price prevailed on
practically all brands. Cubes were quoted
f.rm at M cents for extras. Local butter
receipts on Wednesday as reported by the
Bureau of 'Markets were:
Found.
fiW
.-::t
1 2;;i
Oricin
f'attfornia .
;recn
Washington
Total SiOS
Receipt to date were 36,3.12 pounds
against 20.309 pounds on the same days last
week. Since March 1 receipts have been
1"-i.;o pounds.
The supply of fresh butter n the Port
land market . yesterday was 270 boxes and
.; cubes as compared with 22 boxes and
r.!K cubes on Wednesday, 249 boxes and ;!
tubes on Tuesday and 201 boxes and 714
cubes on Monday.
The movement out of local storage
Wednesday was 3422 pounds and the supply
of storage butler on hand yesterday was
11.20 pounds.
Portland cheese receipts Wednesday were
311 pounds from Oregon and 1170 pounds
from Washington.
March. April. May.
fTats No. 2 white fd 45.00 es.uO
barley tu.ndurd feed. . ..47.30 4MW
Barley Standard "A." 45.UO 4t.iO 4&.00
Eastern oats and corn, bulk
Oats No. 3 white 40.VU 40.00 46.00
No. 38 clipped white 4t.uo 4fi.to 47.30
Corn No. 3 yellow 3S.30 &S.30 3a. 30
Corn No. 3 mixed 3d.uu 3S-00 37.30
WHEAT Government basis, $2.20 per bu.
FLuL'K Patents, $11.03 per bbl.; bakers',
$10.7U0 103; whole wheat. $9.3&10; gra
ham, $'j.63'i y.stt;- m hole wheat, $i.'s3& 10.30.
MILLFKD Mill run, f. o. b. mill, carious.
$40 per ton; mixed cars, $40.30; ton lots or
over. $42; lesa than tons, $43; rolled barley,
$,V.'V34; rolled oats, $3333; ground barley,
$32 y M.
CORN Whole, ton, $6466; cracked, $06
6S.
HAT Buying prlcett, f. o. b. Portland:
Eastern Oregon timothy. $30 4? 32 per ton;
alfalfa, $23.30; valley grain hay. $26; clover.
$2627; straw, $'jrU.
Ialry and Country Produce.
BL'TTEK Cubes, extras. 5tic per pound;
prints, parchment wrappers, extra, box lots,
3'JfiOlc; cartons, 6ot62c; half boxes, He
mare; less than half boxes, 3c more; butter
fat. No. 1, 00 1 61c per pouod, station.
KtlGS Oregon ranch, case count. 39
candled. 40r41c; selects, 4243c.
CHEESE Tillamook, f. o. b. Tillamook:
Triplets, 32c: Young Americas, 33c; Coos and
Curry, i o. b. Myrtle Point, triplets, 31 Sc;
Young Americas, 32 fee; longhorns, 32 fee.
POULTRY Hens, 32'33c; roosters, JSc;
stags, 21c; ducks and geese, nominal; tur
keys, live. 343&c; dressed, 41tf-ft5c.
VKAL Fancy. !! -tie per pound.
POitK. Fancy, -i Vc per pound.
Fruits and Vegetables.
Tocal jobbing quotations:
FRUITS Oranges. navels. $4.50 6..0;
lemons, $4,255 3.73 per box; bananas, bfe lc
per pound; apples, $24 per box; grape
fruit. $3.7uf S.2.V.
VEiiETABLEri Cabbage. $2.10 3.30 per
100 pounds; lettuce, $3.303.23 per crat;
peppers, 43c per pound ; celery, $9'i 11 per
crate; artichokes, $1.6.1; cauliflower. $2.23
4i 3.30 per crate; squash. fec per pound;
beets, $2 23 per sack: carrots, $2 per sack;;
turnips. $2tf2.2ier sack; cucumbers. $2.23
per dozen; tomatoes. $4 per box; spinach,
$1.23 per box: peas, 20c per pound; rhubarb,
12Iacttl3c per pound; asparagus. 7fef3oc
POTATOES Uregon imrnannp. .muti.
$1.301.63; Yakima, 91.50? I. to; sweets.,
6 rents.
ON IONS Oregon, jobbing price.
per sock.
Staple Groceries.
Local lobblns quotations:
SCO A R s5.uk basis: Fruit and herry.
$3.33; best. $0.32; extra C, $0.1o; powrterea
iu barrels, $10.23; cubes In barrels, $10.4-.
NlTTi- Walnuts. 27 V "3c; Brazil nuts, ,2e;
filberts. 2Sc; almonds. 24'(30i: peanuts, 13c.
SALT Half-ground, 10O. $13.00 per ton;
30s. $17.23 per ton; d:ilry. $23 per ton.
KICK Unbroken. 'llc per pound.
" BEANS Jobbinr prices: White, 3H
lOfec: colored, b-rOc.
COFFEE Roaster, in
SPEM10H -IS HALTED
MONEY 31 ARRET DEVELOPMENT
AFFECTS STOCK TRADING.
Suspension of Sterling Exchange
Purchases Regarded as of Far
Reaching Importance.
NEW YORK. March 20. There was a de
cided halt in the stock market today, both
in the upward movement of prices and vol
ume of trading, due largely to foreign and
domestic monetary developments.
Announcement of the suspension of
sterling exchange purchases In this market
for account of the British government after
some three years of stabilization was re
garded as an event of far-reaching impor
tance and precipitated a sharp orea in
rates between this center and London.
Yet another marked deterrent was prO'
vlded by the uncertainty which surrounded
the meeting of the leading steel manufac
turers with representatives of the admin
istration at Washington. Up to the mar
ket's close Wall street was without defintie
news on this subject.
Such shares as United States Steel, ma
rines and other shippings, otis, the several
distilling issues, equipments and tobaccos
made uo tbe irreat bulk of today's deal
ings, but extreme Irregularity marked their
course after the moderately firm opening.
KhIm nmnuntPii tn HT.t OOO shares.
Heaviness of tractions and easier trend
to internationals and uncertainty in liberty
issues marked the tnadlng in bonds. Total
sales, par value, were $ll.u0.000. Old
United States bonds were unchanged on call.
CLOSING STOCK QUOTATIONS.
drums, 23 40c.
picnic,
compound. '.
standard, 42 t
U V HEAT
1. sports From
MRPL18 IN
Are
INDIA
Not
Coming Crop
looked For.
Crop conditions in India and Australia
are cabled by Broomliall as follows:
India Official reports confirm tbe In
dicated outturn of wheat on Irrigated land
will probably be normal, but on unirrigated
oil the yield la expected to be much less.
There is little hope that any wheat will be
exported from the coming crop. However,
tome moderate quantities of barley are
being exported and it is believed this grain
would not be allowed to leave the country
unTrs harvest prospects were considered
ery fair cn the whole.
Australia Mea y rains have fallen over
a fafnly w Me are;i. This moisture should
gtc abundant 'cattle supply and put the
land in good condition for plowing. Num
erous claims are being made that wheat
growing is not profitable at the present
time and it Is announced that the govern
ment is preparing to help where assists net
Is needed.
Argentina Shipments this week estimated
at 1 3.(HM) bushels wheat. J.OOO.OOO bushels
corn and 6 bushels oats.
NOT OUR 1 CARS OF ONIONS LEFT
tttJee Are Matte at M at Country Pointi.
J'otatom Steady.
T.iere Is a fair wire Inquiry for Oregon
onions and the unsold stock of 13 to IS
cars is expected to be disposed of soon. The
:ulet carlot vales have been made at $4.
loading paints. Among the shipments were
two cars to Chicago and oi.e to ttockton.
The Jobbing market was quiet esterday.
with two cars received. Holders aked $3
for fancy unions and from that down to
$3 ft 4 for ordinary grade.
There was a moderate country movement
In potatoes, wit.i buyeis paying around $1.23.
Four cars were shipped to Stockton. Job
ber asked $1.301.63 for the best Burbanks
and $1.0O1.73 for Netted Gems. Two cars
uf Washington potatoes arrived on the
market.
Provision.
t a.i Ahhim o notations:
H AM S A 11 sizes, choice, S7H?;3Sc: stand
ard, CtO1 t 37c; skinned, Sic
cottage roll. 3:'.c.
T.ir rir-e tiasis. 20c
nnv SALT short, clear backs, 27ii3:c;
plates. 23 23c; exports. 30c.
BACON Fancy. 4Uii 31c;
43c; choice, 33 t 4Qc.
Hop. Mobatr, F.tr.
HorS Oregon. 191S crop. 3S?40c per
pound: 1919 contracts, 30c per pound.
MOHAIR 1H19 clip. 40C per pound.
TALLOW No. 1. 3c per pound; No. - 4c
per pound; grease. No. 3, 3c; No. 2. 3c per
pound. .
CASCARA BARK Old. 13c per pound.
oils,
G VSOLINE Bulk. 21c: engine distillate,
bulk, 13fec; kerosene, bulk. 11 c; cases,
21 ' c
LINSEED OIIj Raw. barrels. $1.S0; cases,
$L0O; boiled, barrets, $LS2; cases, $1.92.
TURPENTINE In tanks. S'.c; eases, 90c.
Hides and Pelts.
HIDES No. 1 salt-cured hides. 30 pounds
and up. 13c; No. 1 part-cured hides. 3o
pounds and up, 11 fee: No. 1 green hides, 30
pounds and up, loc; ?o. i sau-cureu ou.is.
30 pounds and up. 10c; No. 1 part-cured
bulls, 30 pounds und up, ffec; No. 1 green
bulls. 30 pounds and up, 7c. Tho price on
No. 2 hidea is- Jc per pound Its than for No.
1 of same kind. No. 1 calfskins up to 13
nounds. 30c: No. 2 calfskins up to l.i pound
2(: No. 1 kip. 13 to 30 pounds, ISc; No. 2
kip, 13 to 30 pound. 10c; dry flint hides.
7 pounds and up, 27c; dry filnt calf, under 7
pounds. 21c: dry sajt hides, 7 pound and up,
22c: dry salt calf, under 7 pounds. 32c;
dry cull hides, half price; dry flint stags or
bulls, ISc; dry sa;t stags or duiis. ic: ary
cull stags or bulls, half price; dry horse
hides, according to size and take-off, $1.30
to $2.30 each: sslted horse hides, $3 to $3.
PELTS Dry long-wool pelts, per pound.
20c: salted long-wool pelts, $1.302.30 each;
dry short-haired goat skins, each, 33c to 73c
Am Beet Sugar.
American Can. .
Am Car & Fdry
American Loco.
Am .Stn & Hetg.
Am Sugar Refg.
Am Tel & Tel . .
Anaconda Cop..
Atchison
A G sWISSL
Bali & Ohio ...
Bethlehem B. . .
HAS Copper . .
Calif Petrol "...
Canadian Pacif.
Central Leather
Ches & Ohio .
Chi M & St P. . B.2HO
Chi & N W 200
C R I & P ctfs. 12.000
Chtno Copper . . oo
Colo Fu & Iron. ttoO
Corn Prod Refg 80.200
Crucible Stee! . . 6.2no
Cuba Cane Sug. 3,300
Distill Securities 17. loo
Erie
General Electric . .
iieneral Motors.
Ot Nor p;d
O N O ctfs ex dv
Illinois Central.
Inspir Copper . .
Int M M prd . ..
Inter Nickel .
Inter Paper . - -.
Kenhecott Cop..
Louis & Nash . .
Maxwell Motors.
Mexican Petrol..
Miami Copper ..
Missouri Pacific
Montana Power.
N Y Central . . .
N V N H & U. .
Sort Ac West . ..
Northern Pacif.
Pennsylvania . .
Pittsburg Coal .
Ray Consol Cop.
Reading
Hep Ir & Steel..
Shut Ariz Cop. .
Southern Pacif.
Southern Ry -
Studebaker Cor.
Texas Co
I'nlnn Parl'lC ..
IT S Tnd Alcohol 23,
U S SteH .
do prn
Ctah copper - ..
West I n ex div.
Westing Electric
300
14.2O0
J, BOO
4MJ
3.4O0
7.4O0
O0
3,000
3 O0
0.1ot
0o0
S.100
7O0
1.40U
GOO
2.2O0
4 o0
700
IS. 300
1.400
2,000
HS.700
1.0"0
3 200
1.0O0
" Y.3M0
41.3O0
3oo
3,M0
400
r.oti
2. .".on
300
3.000
6.1O0
70O
200
5.OO0
1.0IM)
'JOO
7,300
fo0
IC.OtiO
. 3.00
3.HOO
1)1.000
l .ono
:.oit
7.700
Closing
1. High. Low. Bid.
70 1 74i 74
40 47 4S
!0 Ml ; N'Ts
07 00 00
67 07
324T 121 3 22-
l(4-n 1U4 lo4U
HI 00 00
!2 J2 H2
IHH4 113'i H37i
4S3 4 4S
i;tp 03 63
2i 20 20
101 1011 3W
72 70 71
r.8 3 r.s
3S 37 37
Ittf P3 t
24 24 24 '-J
34 33 33
43 42 42
33 33 34 Vi
07 63 03
24 23 23
60 04 V, 04
17 16 10
137
162 13S 100
113 02 i 02
41 40 4o
. . :is
47 fiH
114li 11o 111
23 23 23
46 U 43 43
30 20 2!v
.
:ts 33 ::a
lJ3i 11 1S3
22u 22
24 24 24
::rl 2! 20
104',- 104 101
l2 i2
44 4:i7 43-,
40 4S-a 4S
10 1 10
sr. s:: 4
S2 SI t4 M
10 10 10
102 1"I " I"1
2S 2S 2S
63 61 61
212. . 212
1 -h 12S 12
34. 140 3 42
00 SI4 03
ll.
71 71 71
' S7-; 87 S7
47 4ii ;b 47
Bid.
BONDS.
ns tu s 4s eon
S (Atchison Ken 4.
s; I Anglo-'Krem-h 3s
s: D & R ii ref r.s.
I03 IN T C deb 6s. .
nil W'N'o Pac 4s
r 4.:::: -:.::t4;pc t t
U S ref "s res.
i: S ref ecu.
XT S "5 res
i; s crtu
i; S 4a reg
17 S l.i"
10.-.
SS ,7.? coniiii t.4:-J4iP-n cnn4.A...
j; z IS:?, ' i-rs.lA0.'.-: 5
a" 4th a.7s:so po 5s....
Hid.
RiHtnn 51 (nine Stncks.
TJOKTON. March JO Ciosinc quotations:
Km"...... U'iiOKl Dominion .. JJ'.i
t-al & Ariz r..tailiPCeoia
ral i- Hecla ...o'.ll ljuin.y
tpnniiLl -
04
siinerior -
Cap K C Co ... 3!.4'Slip tiost
Butte C Mine t,,Snannon l a
!.ake i-opper .. SHiUreene Cananea. 4J
Mohawk - I
ACREAGE CUT 3D FEB CENT
DIG
REDCCTIOX IN" STRAW
BERRY AREA IX V. S.
Kfir. I'lrra and VBchanicnl.
EsFd were firm and unchanged with all
casli buyers paying CIS'i rents. Local re
ceipts 00 Wednesday were 710 cases, as
loliotts:
Kxp. Fre'ht.
Orisln
Idxho
rKn ...
AN atflilnfton
5i:
ID
4;
Total in it;e
Poultri' receipts wore small and with the
demand good, the highest prices of the sea
son prevailed. Heavy hens sold at 54 93rc
and light hens at S2&33C. The pork market
wal firm, while veal was very weak.
North Coat Floor Oat put Lighter.
The flour output of Portland, Seattle and
Tacoma for the six months ending March
1, 1919. and for the corresponding period
last year. In barrela, follows:
Portland
Tacoma .
Seattle ..
TT:t M
" I5."
7iu.ll7
ini5.
'.J.441
l74.7tl4
ti-.HJ.SK5
Total
52.60S 2.J32.J00
Few Apple. Now Available.
The apple market was unchanged with a
fair demand and light supplies. Extra fancy
TCtnesapa were quoted at $3.7594. extra
fancy and fancy Home Beauties at 13&3.G0.
choice yellow Newtowns at $2.M3 and
cookers at 9292.25. One car of Oregon
applee was shipped to New York.
"orttawea'.ern cjkira fancy boxed AYlnesaps j
Total Estimated at 58,1M Acres
Against 83.139 Last Year Small
Gain In Oregon.
According to the advance figures of the
Bureau of Crop Estimates, the strawberry
acreage of the country will be reduced ap
proximately 30 per cent this year. It is
-xje-tcd that oniy r.s.l.'u acres will be cul
tivated, whereas S3. 139 acres were grown
lat yeur. 107.000 acres In 1917 and lt'9,,19S
In 191. The reduction la general In all ihe
berry-gwine; sections except California,
Michigan. New York and Virginia, and none
a thtm shows any decided Increase. In the
ht-avy producing Ktate Louisiana and Ten
nesee record the' greatest cut. Oregon is
credited with a slignt Increase over last
year, with 44t acres, but it is such a re
duction from tts 1916 record of 31 S4 acres
thut the Industry la nearly abandoned. New
Tersev has fallen also from 5015 acres in
1910 to 3340 last year and to only 21 acres
for this season.
Tho preliminary estimate of the straw-
S:ate
Alabama
Arkansas
California
IH'lumare
Klorida
Illinois
Kentucky
I.oui:ana ......
Maryland ......
M ich igan ......
Mississippi
Missouri
New Jersey ....
New York
North Carolina
Oregon
Soulh Carolina .
Tennessee
Texas
Virginia
Washington . . .
"Totals
follows:
1917. 191. 1919.
2.290 2.077 1.190
11.700 losfia R.ioo
4 210 3.S0O 4.OO0
7io r.01.1
3.920 1.310 7O0
2.820 2.::i9 1.490
3l"0 3.:ist s.ino
15.7SO 12.770 8,940
ll.l'JO 8.12.-. 6.273
1.530 l.."0 1.S20
1.150 1'2S K3.-I
3.300 6.170 4.597
4.010 3.310 24
2 520 1.072 1.521
3,330 2,S 2,000
R70 445
1 ISO 850 SttO
13 870 9.42H 6,102
2.1O0 913 303
6.650 1.29S
50 880
, 107.000 83.139 58.1."9
Totals include acreage of other states too
small to list.
The latest reports from the California dis
tricts follow:
Southern section The strawberry acreage
here has been greatly reduced.
Gardena-Mobeta district The preliminary
estimate here is 700 acres. Fifty-nine cars
wore shipped from this district last year,
the carlot movement starting April 16. The
demand for cannery stock is strong this
year.
San Francisco district Strawberries are
appearing in the market. Carlot shipments
are expected soon. Scarcely any new acre
age la planted to replace the . worn-out
fields, but tho crop Is expected to be fully
as large as last year.
TVe pay 23c for top block pork.
We pay l"c for top young veal.
We pay less for Inferior stuff.
AVo never charge commission.
m,k I Smith Meat Co.
;U8 Alder St.. Portland. Or. Adv.
COAST AND KASTERN DAIRY I'RODICB
Mutter Starket 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:
sa Francisco Considerable trading took
place today with prices generally unchanged.
An unsettled condition is apparent with
many dealer, hoping for a sliahtly lower
market and a better movement of goods.
Slocks on dealers- floors were heavier tills
morning but no attempt la being made to
withhold butler for a better movement,
tiouie outsido shipping: took place today and
some export demand Is reported A ester
days receipts amounted to 64.900 pounds.
93-score. 08V2C. ..,.,
Chi. ago Prices advanced again tooa
with continued light receipts and excellent
demand: 92-scoro solit. generally at b4V
cents with, one lot at 65 cents. The market
ia in a firm condition with an undertone ot
uncertainty and dealers are anxious to
keep stocks well cleaned up. Centralized
carlots sold at til cents with a few cars
available for trading and demand was ap
parently good. Receipts amounted to only
2237 tubs and the out-of-atorase movement
128.091 pounds.
New York There was a rather limited
volume of trading today, due mainly to the
very light supply and a less active demand.
This morning there was a very good demand
which diminiflied as the day progressed
and in the afternoon there was very little
Inquirv. This morning's prices advanced
1 cent with a very firm confident feeling In
the market but this afternoon in a number
of houses, there was noticed an uneasy and
somewhat nervous feeling. There is no ex
port buying at the present time and there
is reported considerable decrease in con
sumption. But few houses had the strong
confident feeling of yesterday. Receipts
yesterday were "33 tubs. Storaso holdings
were reduced about 1300 tubs, while street
stocks this morning were over 5000 tubs
lighter; 92-scorc. j7M!c;
SAX rRAXCISCO PRODUCE MARKET
r rices Current on Eggs. Vegetables, Fresh
milts. Kte., at Bay City.
SA- FRANCISCO, March 20. Eggs
Fresh extras, 42 He;
40V;C .
Cheese New firsts.
Young Americas. 43c.
Poultry Hens, large, 3BS3ic: small. 38
04Oc: strictly young roosters, 45G350c:
broilers, 60'55c; fryers. 4050c; geese, 29
ftfSlc: turkeys, dressed, 40042c; pigeons,
2.253; squabs, 6065c.
Vegetables Asparagus, lOlZJl.'c: celery,
57,O0f(i 8.50: cream squash. U0C& S1..00; to
matoes, S2.DU8?a.uu; lettuce, Ajos Anjeies,
$3.50: Watsonvllle, not quoted; po
tatoes, cental netted gems. $2,000)2.15:
rivers. $1.5OGi2.00; sweet, $4.004.25; onions,
S3.75i 4. Ou; green. 125; cauliflower, 80
85c; green peas, 10$ille: rhubarb, S2&2.50
Scbaatopol. and l.50lS1.75. Los Angeles;
sprouts, 6Sc: mushrooms. 25' 50c; spinach,
75e '1! 1.50; cucumbers. $44.25: beans,
Florida, 40?i"50c; carrots. $1.752.00;
French. $2.002.50; beets, 1.50lg2.00; tur
nips, $1.501.75; garlic, 504t75c
Fruit Lemons, $3.004.00; oranges, navel,
$3.503&3.0O; tangerines and mandarines.
3.5041 4.00; grapefruit, $2.2508.50; bananas.
0d?7c; pineapples, $4.00i5.00; apples,
Newtown Pippins, $3.253.50: OregOE,
Spitzenberg. $3.253.50: pears. Winter Nellis.J
.5 S.VV 3f i.liu ; loquaLS, jviav jjuumu, airdiw
berries. $3.
Receipts Flour. 56S0 quarters; barley.
3120 centals; onions. 7S sacks; potatoes,
8022 sacks; hay, 642 tons; hides. 1016; beans,
2492 sacks; wine, 91.900 gallons.
A RECORD PRODUCTION OF MEAT
Output Last Year Xever Exceeded by Any
Other Country.
WASHINGTON. March 20. Lnder the
stimulus of war-time demands, meat pro
duction reached the enormous total of 23.
366.000.000 pounds last year, which the de
partment of agriculture announced today
"undoubtedly never betore had been at
tained In thla country and certainly not
in any other country by long odds."
"Meat producers met the war situation
magnificently in 191S," the department said.
"They increased meat production in one
j year by 24 per cent and thus made pos
t sible an increase of national meat surplus
in one year by 7ft per cent and an Increase
In per capita consumption by 17 per cent.
Notwithstanding the very high prices of
meat In this country in 1918, and with
prices rising above 3917, a large fraction
of the population must have greatly in
creased its meat consumption In that year."
Meat production showed an increase of
almost 5,000.000.000 pounds last year com
pared with 1900. Beef production in
creased almost a billion pounds, totaling
9.797,000.000 pounds; pork production
reached 13.011.000.000 pounds, an increase
of more than 3,000,000,000 pounds over 1917
and of 40 Per cent over 1900 production
per capita of production was 93.2 pounds
last year, compared with 117.9 pounds in
11(00; of pork 123.S pounds compared with
122.2 in 1900.
The national surplus of all kinds of meal
was 2.45S.000.000 pounds in 1900, while last
year it was 3.027.000,000 pounds or nearly
double the surplus of 1917,
PRICES' STEfiDY AT YARDSi
FAIR DEMAND FOR AIX CLASSES
OF LIVESTOCK.
Money, Exchange. Etc.
NEW YORK, Ma rich 20. Mercantile pa
per, unchanged.
Sterling, day bill, unchanged; demand,
$4. 71 y ; cables, $4. 72 H Franca, demand,
u.tiU; cables, 5. OS. Guilders, unchanged.
Lire, unchanged.
Mexican dollars, unchanged.
Time loans, easier; 60 days, 545;
90 days and six months, 5
Call money, strong; high, 6: low, 5;
ruling rate, 6; closing bid, 6; offered at 0
last loan, 6.
After the close of the market the fol
lowing rates on sterling were Quoted: 60
day bills. 4.6S: commercial 60-day bills
on banks. 4.67; commercial 60-day bills,
4.6"i4 ; demand, 4.70; cables. 4.71.
LO.VDON, March 20. Money and discount,
unchanged.
Record Price for Hereford Ball.
CHICAGO, March 20. What was declared
to be a world's record price of $50,000 for
a pure-ored Hereford bull was announced
today by J. B. Ferguson as having been
paid by Ferguson brothers of Canby, Minn.,
for Richard Fairfax, a 5-year-old regis
tered animal. The best previous American
pric was $: 1,000 for Ardmore, sold by W.
L. lost to V. R. Pickering, both of Kansas
City. Mo. Richard Fairfax was raised by
Warren T. McCray of Kentland. lnd He
was 0 years old last November and it is be
lieved he is the best Hereford bull in the
world. His weight Is between 2400 and
2o00 pounds.
Food Prices Are Declining.
WASHINGTON, March 20. Although food
prices snowea a decline of 6 per cent dur
ing the month ending last February 13. the
prices were 9 per cent higher than those
prevailing in February. 191S, and about 7.
per cent higher than the Drice averace of
Price statistics for last month, announced
today by the department of labor, showed
that 26 of the 41i articles listed were cheaper
in February than in the preceding month.
The marked decreases wero eeiis. S3 ner
cent, and butter, 1J per cent. Potatoes led
me jj articles showing an increase by ad
vance of 25 per cent.
New Orleans Sells Coffee.
NEW YORK. March 20. There was con
siderable business at the opening of the
market for coffee futures today. Brokers
with New Orleans connections were sellers
and some of the local traders were Inclined
to connect this with reported arrivals of
400.000 bags at the southern port. Closing
nias: .May, lu.o.c; July, I4.4yc: September.
14.1 7c; October. 1 4.07c : December. 13.8c :
January, 1.1.87c; March 13.87c.
bpot cofiee quiet; Rio 7s. lyc: Santos 4s.
21Hc.
Naval Stores.
SAVANNAH. Ga March 20. Turnentine.
firm, 64 C(i70c; sales. 57S barrels; receipts,
10 barrels: shipments. 10 barrels; stock,
23.405 barrels.
Rosin, nominal; sales, none: receipts, 59
barrels; shipments, 108 barrels; stock, 6rt,
10 barrels. Quote B, $13.10; D, E, $irt.l.r;
F. $13.20; O, $13.20; H. $13.30; I, $13.0",;
K, $15.70; M, $16.25; N, VG, $16.30; WW,
$16.70.
ARGENTINE CORN CHEAP
FREE OFFERINGS WEAKEN
MARKET AT CHICAGO.
Tone at Close Is Unsettled Oats
Advance Without Difficulty; Pro
vision Buyers Hold Off.
CHICAGO. March 20. Weakness pervad
ed the corn trade most of the time today,
larxelv as a result of free offerings of Ar-
coutine corn at cheap prices. The market
closed unsettled 1 cent net lower to c
advance, with May $1.43 to ?1.44V,, and
July S1.3.V4 to 51. Oats gamed 1
ent to ISc. In provisions there was a set
back of 2."c to Sr,c.
Oats advanced without difficult!-, as tney
wer? to be had for half the price of corn
Buyers of provisions held off pending
the outcome of an official conference re'
garding hog prices.
Leading futures ranged as follows:
COHS.
Bulk of Hos Sales Are at $18.25 to
$18.35 Buyers Pay $16.50
for Good Lambs.
There was a fairly active market at the
stockyards yesterday with a run of six
cars. The market on the whole was steady
without change in price. The bulk of hogs
sold at 18.2518.S5 and lambs sold up to
$10.50. There was Jittle doing In the cattle
division.
Receipts were 26 cattle, 593 hogs and 10S
sheep.
The day's sales were as follows:
Wt. Price.l Wt. Price.
11 cows ... 770 t 7.00! 3 hogs ... BIO JIG. 00
lcow 750 5.001 Shoes ... 141 li.J-3
lcow".... 970 10.00173 lambs .. 64 15.00
Scows ... 770 4.00:3 iambs . 74 lo.OO
1 heifer . 900 11.731 9 lambs . . 110 16.50
1 heifer .1010 12.001 2 cows . . . 930 10 00
1 steer .. 970 13.00! 1 cow .... 940 3.50
1 steer .. 970 12.50l"7 hogs 1SS 1S.25
1 steer ..1070 13.751 2 hogs ... . 8J0 I.i5
1 bull ...llu'O 7;00 4 hogs 245 li.jiS
45 hogs ...-1S5 1S.35'!1 hogs 2-tt 17.00
SO hogs ... 1S8 18.25 7 hogs 3 JJ.50
26 hoes ... l.lti 17.001 S hogs 1S3 1S.00
03 hogs ... 118 10.501 5 hogs 1S4 li.i.
1 hog 080 10.251
Prices quoted at the local yards follow:
Cattle . .
Best steers $13. 00 14.011
uooa to choice steers
Medium to good steers
Fair to good steers
Common to fair steers
Choice cows and heifers....
Good to choice cows, heifers
Medium to good cows, heifers...
Fair to medium cows, heifers...
Canners
Bulls
Calves
Stockers and feeders....
Hogs
Prime mixed
Medium mixed
Rough heavies
Pigs
Sheep
Prime lambs
Fair to medium lambs....
Yearlings
Wethers
Ewes '.
11. 50 12.50
10.00ffll.00
0 00 10.00
8.00 "v 9.00
10.50 P 12. 0')
9 OO'ftlU.dU
6.00 7.5
S 00O 7.04
S.50S 5.00
6.0001 S.50
M.50 4r 14.00
7.00 010.09
18.25 is 18. SO
17.90 Si 18.15
16 00 li 17.00
15.0016.00
16.00 17.00
14.00 fe 15.00
11.00 V 12.00
9.00 310.00
B.50 a 10.5(1
Chicago Livestock Market.
CHICAGO, March 20. (United States bu
reau of markets. )' Hogs Keceipts dJ.uuu,
fully steady with yesterday's close. Bulk
of sales, S19.35 19.70: heavyweight. 1!).G5
6C19.SO: medium weight, flv.DV&iw.iu: ngni
weight, 1S.S519.5; light light, $17.50
18.75; sows, $17.25 g 19.00; pigs, $10.75
17.50.
Cattle Receipts 15.000. Choice, butcher.
she;stock and best steers, steady: others
and calves, mostly 25 to 40 cents lower.
Heavy beef steers. $11.7520.20; light beef
steers, $1018.75; butcher cows and heifers.
$7(15.25; canners and cutters, $5.5010;
veal calves, $1417; feeder steers, $9.25
15.
Sheen Receipts S000: marRet slow, nrst
sales steady; most packers bidding lower.
Umbs, 84 pounds or less. $18.Jo&l; oo
pounds or better. $18.50'20.90; culls and
common, $15.50(it 18.25; ewes, medium and
good, $1215; culls and common, $6.25
11.25.
Omaha I ivestock Mirket.
OMAHA, March 20. Hogs Receipts
10,500; market Vc lower. Heavy, $19.15S
19.40; mixed, $1 S.90 19.10; light, $18.75
19.25; pig. $12.505117.50; bulk of sales.
$S.90S19.-'0.
Cattle Receipts 4200: market 15 to Z5C
lower. Native Bteers, $13& 18.45; cows and
heifers, $14.356 17.50; western steers, $104
ltj.25; Texas steers, $9Si;l3.50; cows and
heifers, $712.50; canners, $5.256.75;
ttockers and feeders. $6.50 jilfi.flo; calves,
$-S'a 14; - bulls, stags, etc., $ll'(11.50.
;heep Receipts 10,500; market steady to
10""?20c higher. Culls. $711; wethers.
$11.5015.50: ewes, ,11 &. 14.35 : feeding
lambs, $10iSlS.75; Iambs, $19.2520; year
lings, $1081S.
Open. High. T.ow. Close.
Mar $1.424 $1.44N. $1.40-!4 $1.4:'.T
July 1.34U 1.35 l.o2 l.'-iu'A
OATS.
M.iv ' l!"'T r,r,:K
July o:'.1 .i5!s -02- .Oj .
MESS PORK.
Mav 45.65 45.75 45.25 " 45.35
July 42.65 42.75 42.30 42.40
LARD.
yjy ..2S.05 28.25 28.00 28.10
juiy 27.50 27.62 27.40 27.50
SHORT RIBS. t
May 25.20 25.27 25.07 25.15
July 23.97 24.12 23.92 24.00
Cash prices were: ,
Corn N'o. 3 yellow, $1. 521.53; No. 4 yel
low f1.4SSll.50; No. 5 yellow, $1.45 1.46'i.
Oats .No. 3 white, 83 it Hi 65 Vj c ; standard,
65 1v 06c.
Rye No. 2. $1.64 0 1.64 i.
Barley 95c$1.04.
Timothy $7si10.
Clover Nominal.
Pork Nominal.
Lard $28.35.
Ribs Nominal.
S3 9
Minneapolis Grain Market.
MINNEAPOLIS, March 20. Barley,
96c.
Flax. $3.813.82H.
Grain at San Francisco.
SAN FRANCISCO, March 20. Flout;
$11.50 per barrel.
Grain Wheat, federal bails, $2.20; whit
feed oats, unquoted; California yellow corn,
$2 1562.25; barley, feed, $2.22i4 62.25.
Hay Wheat or wheat and oats, $1920,
tame oats, $20; barley, $15617; alfalfa,
S15(;i'lS; barley straw, 50-r30c.
ideals Alfalfa, $32&54; cocoanut, un
quoted. ' -
fresh extra pullets.
unquoted; Oregon
HIGH
TRICES
ALARM
HOOTEn
Removal of Federal Control Declared Men
ace to Whole World.
NEW YORK, March 20. X cablegram
from Herbert Hoover, director-general of the
international relief organization, expressi-ng
regret that this country had abandoned sta
bilization of hog prices and urging continu
ation of stabilization in sugar, cottonseed
products and wheat, was discussed at a
meeting here today .of officers of the food
administration.
Pointing out that hog prices had risen
since the stabilization plan was abandoned
two weeks ago. Mr. Hoover's message as
serted that if the only foodstuffs now con
trolled are thrown upon the market "with
out any steadying hand," the dire need of
the -world may produce further dislocation
and place an added burden on American
consumers.
YAKIMA FLOCKS ON THE INCREASE
Sbeep Company Nets Aerare Weight of
11 Founds Per Fleece,
TAKIMA, Wash., March 20. From 2400
ewes in a band of the Yakima Fheep com
pany, which is the first to be reported as
completing the lambing, period, the com
pany has 2900 Iambs, or 120 per cent in
crease. The company also has finished shearing
a band of 2400 and reports an average
weight of 11 pounds per fleece, and wool
of excellent quality and unusually clean.
Metal Market.
NEW YORK, March 20. Copper and Iron,
unchanged.
Lead, easy; spot, 5.15'J5.30c; March, 5.15
5.25c.
spelter, firm: East St. Louis, spot and
March, 6.12B6.22C.
Dried Fruit at New York.
TEW YORK, March 20. Evaporated ap
ples, quiet; prunes, in good demand; peaches,
scarce.
New York Hugar Market. .
NEW YORK. March 20. Sugar, unchanged.
Seattle Livestock Market.
SEATTLE, Wash., March 20. Hogs Re
ceipts 170, steady. Prime. $18.oO;lS.75;
medium to choice. $18.2518.45: rough
heavies. $16.25.f. 10.75; pigs. 10.25SI17.75.
Cattle Receipts 214. Finished steers and
cows steady. Best steers, $ll.50(a i-4.ou;
medium to choice steers, $10.50(ill; common
to good steers. $7l0: best cows and heifers.
$8 12 ; -common to good cows and heifers,
$6&10; bulls, $6'g9.50: calves, $713.50.
Eastern Eggs and Cheese.
NEW YORK, March 20. Eggs steady,
unchanged.
Cheese strong; state wnoie milk iiats cm-
rent make specials, JAZri dJ'tc; auto aerage
run. 32 33 ft c.
CHICAGO, March 20. Eggs lower: re
ceipts, 12,163 cases; firsts, 38c; ordinary
firsts, 374 3Sc; at mark, cases included,
3S3Sjc. .
Cotton Market.
NEW YORK, March 20. Cotton Spot,
quiet; middling, 28.45c.
IJnluth Linseed Market.
DULTJTH, March 20. Linseed, $3.S3Vi.
6 Gold Notes
City of Edmonton
This issue of Bonds is one of the most attractive ever
offered by Morris Brothers, Inc. The Bonds are dated
February 15, 1919, and are due on February 15, 1924, in
terest payabje 15th of August and February of each year.
The City of Edmonton is the capital of the Province of
Alberta which has an area of about 225,000 square miles,
and an estimated population of 600,000.
You cannot find a Better or More Attractive Issue of
Bonds offered on any market.
PRICE: PAK AND ACCRUED INTEREST
LIBERTY BONDS
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.
YOC CANNOT DO BETTER YOU MAY' DO WORSli
On Thursday, March 20, we paid the following prices for United States
Government Liberty Loan Bonds, which were the closing New York
prices plus accrued interest.
3 Vis 1st 4s 4s 1st 4 Vis 2d 4ia 3d4Vs 4th4is
99.97 95.31 95.14 95.37 95.23 95.16 95.54
In purchasing Liberty Bonds we deduct from the above price 37c on
a S50 Bond and $2.50 on a $1000 Bond.
In selling Liberty Bonds we charge the New York market price plus
the accrued interest.
Ask About Our Partial Payment Plan
Burglar and Fireproof Safe Deposit Vaults
SAFE DEPOSIT BOXES FOR RENT
MORRIS BROTHERS, Inc.
The Premier Municipal Rami Tloune
300-311 STARK STREET, BET 5TH AXD 6TH ;not'XD FLOOR)
Telephone Broadway 2151. KKlnbl.Nheit Over "Year.
Liberty Bond Department Open Saturdays Until 8 P. M.
Chartered 1822
Farmers' Loan & Trust Company
16-22 William Street 473 Fifth Avenue
NEW YORK
MANAGEMENT OF ESTATES
CARE OF SECURITIES
DOMESTIC AND FOREIGN BANKING
FOREIGN EXCHANGE AND LETTERS OF CREDIT
London
16 Pall Mall East, S. W. 1
26 Old Broad Street, E. C. 2
Paris
41 boulevard haussmann
BORDEAUX
B COURS DU CHAPEAU ROUGE
LUMBER SUITS ANSWERED
GOVERNMENT REFUSES TO BE
SUED, IS STATEMENT.
CITY OF PORTLAND, OREGON
6 IMPROVEMENT BONDS
Exempt From Present Income Tax
GOVERNMENT AND MUNICIPAL BONDS
BOUGHT AND SOLD
. Devereaux R(5mpany
87 Sixth Street
Broadway 1042
Ground Floor Wells-Fargo Building
Spruce Production Corporation Re
fers to Board Which Handles
Claims of Broken Contracts.
VANCOUVER. Wash., Starch 20.
Special.) The Spruce Production cor
poration in the superior court here to
day filed two answers to suits filed
ainist it one by the Hanify Lumper
company of Aberdeen, Wash., for 14,
041.38, and one by the Siler Mill com
pany of Raymond, Wash., for ?400,000,
for alleged breach of contract.
The lumber companies alietred in
their complaints that the1 Spruce Pro
duction corporation entered into con
tracts with them for the production or
spruce and fir lumber and cants, and
that the contracts were DrOKen atcer
the armistice was signed.
The Spruce Production corporation
alleg-ed in the answer that the cor
poration is an instrument of the Unit
ed States government, and that the
overnment has not consented to be
sued, or consented to be under the
jurisdiction of the courts; that when
the contracts were made tney were
obligatory to precedence over all other
contracts.
The answer to the Siler suit con
tained approximately the same aetense
as tha other two iteme. In addition.
ir was allesed that the government had
appointed a contract board to hear all
claims growing out of broken con
tracts, and that the plaintiff company
presented its claim to this board,
which disallowed it.
Skulls Unearthed in Klamath.
KLAMATH FALLS. Or., March 20.
(Special.) Five skulls, believed to have
been those of Indians, were unearthed
here a short time ago by employes of
the Chelsea Lumber & Box company,
who were digging post holes for a new
boat landing near the factory. One of
the skulls is said to be in excellent
shape, but the others are badly disintegrated.
EXPORT -IMPORT &
DOMESTIC FREIGHT
FORWARDERS
CUSTOM-HOUSE
BROKERS,
MARINE
INSURANCE
POOL CARS, L. C. L.
FREIGHT
TRAFFIC
MANAGERS
Oregon-Pacific Co.
610 Mil Bulldlns,
Portland. OrrKon.
Phone Main 4S6..
f,'eo. Powrli, President.
E. F. Mrltaneltl. Vke Pres.-Trafflc Mrr.
FACTS 1VO. 430
AN
EFFECTUAL
HINDRANCE
Headlines in market re
ports state: "Squeeze Pros
pect Strengthens Corn," and
it continues "Bad Roads
Hold Up Deliveries by
Farmers." It is this con
dition in every part ot the
country that affects the
cost of living. If the roads
were serviceable every day
in the year, speculators
could not gamble in food
stuffs. It is because of this
fact that to make a road
passable winter and sum
mer it should be paved with
blTULITHICi
Warren Broa. Company,
Journal llldg. Portland, Or.
Consult Us
Before You
Buy or Sell
Liberty Bonds
Lumber mens
Trust Company
CAPITAL AND SURPLUS C00.OO0
lumbermen! Bldp. Portland, 0r.
Clark, Kendall & Co.
Second Floor
Northwestern Bank Bldg.
Portland, Oregon
We .Recommend and Offer
to Investors Carefully
Selected
GOVERNMENT. MUNICI
PAL and CORPORATION
BONDS
Denominations $50, J100,
$500, $1000
I
BANK BY MAIL, .
CAN SECURITY BANl
or Vancouver, vasfi.
FEBcwman.Presidenfc-
SAViNBS ACCOUNTS
BANK BY MAIL
Interest Paid on Time
and Savings Deposits
Resoarees Over
00,000.00
BANK of GHESHAM
Gntkim, Oregon
Under Slate Control.,
t
SHEEP DO WELL
ON SILAGFE FROM AN
INDIANA SILO
LET 17 S TELL.L, YOU WHY
SPAULDING LOGGING CO.
SALEM, OR.
TRAVELERS' GUIDE.
STEAMERS
The Dalles and. Way Points.
Sailings, Tuesdays, Thursdays and ...
Saturdays, 10 P. M. , '
DALLES COLUMBIA LINE
Ash St. Dock. Broadway 3454
San Francisco, Los Angeles
and San Diego
Steamer Snlllng Sunday, 1:30 P. SI.
M. Bollnm, Agent, 122 3d St,
Phone Main 26.
FRENCH LINE
Coinpasnle Generals TrnnnutlanlliiurJ
new yoRK-j-Fi xen
WEEKLY DEPARTURES.
Fucail Bro... I'sc. Coaot Aienu, 109 Cb.rrr
tit., Beattle, or any Local Ac.st.