Morning Oregonian. (Portland, Or.) 1861-1937, May 21, 1919, Page 23, Image 23

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    THE MORNING OREGONIAN, WEDNESDAY, MAT 21, 1919.
23
HIGHER
PRICES
ARE EXPECTED SOON
War-Time Prohibition Repeal
Will Lift Market.
Demand is improved
Supply of Spot Hops Remaining I:
Too Small to Permit of Mucli
Activity in AVesU
The president's recommendation of repeal
ct the -wartime prohibition law greatly in
terested hopmen, and it "was the opinion that
If hi wlsbos are carried out the market for
hops tvUI advance several cents. Already
there hai been a renewal of inquiry from
the east, but no bus In tea, as a result, has
been announced.
The market haa been rather quiet of late.
'o great activity (fan be looked for In anj
event, as spot stocks on the coast are re
duced to very arm alt proportions. Of thu
3918 Orejron crop, not more than 300 bale
are left in. growers" hands, and dealers are
Jioldlnsr only a few hundred bales. A few
3917s remain In dealers hands. There ars
more JOlGa than of any other kind, and if
the brewers start replenishing' they will have
to turn to theee older hops. Iast year's crop
1s nom!na!y quoted at 45 cents, 3917s at
about 27 or -S cents and 3916a at 13 to 37
cent.
The contract market remains firm but
quiet, with a few foreign inquiries coming
along. The ruling three-year term quota
tions are 30, 28 and -5 cents.
Crop condTtioDs in this state are favorable.
The vines are very thrifty, but the growth
to date Is somewhat backward.
Cold-storage holdings of applea In the
northwest on May 1 were reported at 71,013
boxes, as against 1.042,090 boxes a year ago.
Eastern Potato Markets Unit.
Three cars of Oregon potatoes were re
ceived. The jobbing market was dull and
prices unchanged, Xo shipping sales were
reported. Two cars "were sent to Stockton on
former orders. The eastern markets wsre
firmer.
STOCKS STRONG JIT CLOSE
FRESH BUYING MOVEMENT DCE
TO PRESIDENT'S MESSAGE.
Advance In Tillamook Cheese.
There was a 2 -cent rise in Tillamook
cheese prices yesterday, triplets now being
quoted at 34 cents and young Americas at
oj cent3. Cheese receipts Monday wen
13.4S3 pounds from Oregon, 093 pounds from
California and 373 pounds from Colorado.
Iocal storage stocks are 8037 pounds.
Provision JAnt Is Higher.
There was another advance of 1 cent on
hams of all sizes yesterday. Compound lard
added a cent to last week's rise. Iry salt
cured meats are up 13 cents. Except for
the lower grades, bacon was not changed.
Bank Clearings.
Bank clearings of the Northwestern cities
yesterday were as follows;
Clearings. Balances.
Portland 95, 138.737 $X, 372,804
Seattle 7.1S6.924 1.397.750
Tacoma 07U.391 22S,45
Spokane 1,407,U1S 467,837
PORTLAND MARKET QUOTATIONS
Grain, Hour, Yet A. Etc
Merchants' Exchange aooa session.
Rccommendatlons Are I'avorablj
Received- Minor Rails Are
Active in Final Soar.
May.
.52.o
bo
June.
$o2M0
July.
40.50
60.00
6S.S0
67.50
2.:
ni.no
4B.50
60.00
G7.00
68.00
!0 per
Xo. 2 white feed
Barley
Standard feed 54.00 63.00
Standard VA" 65.00 55.00
Jriastern oats and corn, bulk:
Oats
No. 3 white
:js-;b. clipped white ... 60.00
Corn
No. X yellow 69.00
No. 3 mixed C3.00
WHEAT Government basis.
bushel.
FLOUR Patents. $1.45 delivered, $11.30
at mill; bakers', 1 1 .1 5 'li 11.30 ; wbole wheat,
10.''.'10.40; graham, J10.0510.li0.
MILL, FEED Mill run f. o. b. mill, carlots.
$37438 per ton, mixed can), $37.603S.60;
ton lots Qr over, $3040; less than ton, $40
(n.41; rolled barley, $60 a 62, rolled oats, $01;
ground barley, $00.
CORN Whole, ton, 73; cracked, 77 per
ton.
HAY Buying prices f. , b. Portland;
Eastern Oregon timothy, $S6'37 per ton;
alfalfa, $28; valley grain hay, $2628;
clover, $26(28.
NEW YORK, May 20. Dealing, In stock.
during the early period of today's session
were relatively dull with uncertain price
endencles, but the entire market strength
ened later, fresh buying being stimulated
by the president's message to congress.
That document exceeded the most san
guine expectations of conservative interests
as well as the speculative element, espe
cially the recommendations dealing with tha
early restoration of the railroads and utlll-
ies to private ownership. Other featares
which met with equally favorable interpre-
ation Included the suggestion for the par
tial repeal of war-time prohibition, abolition
of the tax on retail sales and protection bj
tariff of chemical industries.
Shippings and oils provided the motive
power at the opening.
Marines soon reacted on unfounded rumors
reporting delay in the consummation of the
deal with British interests and oils and
rai:s fell back 1 to 3 points, the reversal
uggestlng bear pressure rather than profit'
tatting.
In the broader movement of the final hour
interest converged around minor rails.
United fctates Steel also mads its best
price of 103 V later, but that moderate im
provement was canceled, despite th, higher
level reached by equipments, notably Ameri
can and Baldwin Locomotives, Sales amount
ed to 12325,000 shares.
i ne general bond market waji firm. Total
sales, par value. wr I1.1.77S mm Old
united states bonds were unchanged on cali-J-
CLOSIXG STOCK QUOTATIONS.
Last
Sales. High. Low.
3.HOO M 81 u
15. loo 55 53
4.1IH0 io:; loo '.a
4.1MJO ia;ti 1-t
12.4UO ()' 7S
n.aoo
1.400
2.30O
4, lOO
30O
12,40
3.200
1.30O
BARI.TTT STKONO FFATTKK OF TRADE
Bids For Jane Delivery Dollar Higher on
Local Board.
All the grain markets were firm yester
flay with particular strength In the barley
division as a consequence of the president's
request that the war time prohibition ban
r-e. removed. On the local board May barley
Mas were advanced 25 cents a ton, while
offers for Jane barley were raised $1. At
Chicago barley options Jumped 8 cents a
bushel. December barley at San Francisco
old at $2.50 compared with $2.46 bid and
$2.49 i asked Monday.
Oats bids were advanced 2550 cents at
the. Merchants Kxchange and corn was 60
cents higher than the day before.
Weather conditions In the Middle West,
r.s wired from Chicago: "Minneapolis clear,
fine. ruluth clear, cool, 45. Chicago cloudy
to raining. Davenport partly clear, 45. St.
l.ouls clear, cool. Kansas City cloudy, 51.
Toneka, Hutchison clear, fine. Omaha .part
cloudy, cool. Ohio valley cloudy, light rain
Forecast Grain belt not much change in
temperature."
Terminal receipts. In cars, were reported
by the Merchants Exchange as follows:
Dairy and Country Produce.
BUTTER -Cubes. 92-score. 57ic: 01
score, 57c: 90-score, 57c: prints, parch
ment wrappers, box lots, 00c; cartons, 6lc;
half boxes, c more; less than half boxes,
Jc more; butterfat. No. 1, C9&60C per
pound, station.
KGGS Oregon ranch, case count, 45c;
candled, 4Gc; selects, 47c
CHEESE Ttilamook, f. o. b. Tillamook:
Triplets, 34c; Young Americas, 55c; Coos and
Curry, f. o. b. Myrtle Point, triplets. 33 Vic;
Young Americas, 34Jc; longhorns, 34c.
POULTRY Hens, 3336c; broller3. 308
3ic; ducks, 40(&45c; geeso and live turkeys,
nominal; dressed utrkeys, 4045c.
VEAL Fancy, 19c per pound.
l'ORK. Fancy, 26c per pound.
Portland Tuesday
i ear ago.
Season to date..
Year ago
Tacoma Monday.
Year ago
Season to date..
Year ago
Seattle Monday.
Year ago
Season to date. .
Year ago
Wheat Barley Fir. Oats Hay
3 .... 13 2 1
S 9 6 5 0
.7367 -1078 2638 727 S11
.3741 447 1224 I486 2530
3 2 1 l
. 1 1 1 2
. .5322 44 .... 1S8 1213
..0507 82 .... 295 1651
2 1 14 5
5 R
S3 1301 B78 2540
. .5302
. .4797
320 1640 1001 3085
TASK
1 arm
CROP CONDITION'S IN EUROPE
Work Is Being Poshed Vigorously
urn favorable Weather.
European and Australian crop conditions
are cabled by Broomhall as follows:
France Spring sowing have been greatly
hindered by the low temperatures and cold
rains. Weather, however, is now generally
o.omoii) ana worn is being pushed actively.
.There is some mention of damage by vermin
and weeds.
United Kingdom Weather has been gen
erally fair and fine progress has been made
w ith the sowing of spring cereals. The out
look for winter wheat is not altogether fav
orable. Owing to unfavorable weather it is
expected spring sowings will be the smallest
for some time. Spring oats and barley are
expected to be a full average crop.
Spain On the whole wheat is excellent,
although some fields have been flooded with
rains and the excessive moisture has hin
dered field operations.
Italy Cold and unseasonable weather has
been experienced. Complaints of crop dam
ago are small, but the scarcity and dearness
of labor is hindering farm work. The wheal
acreage Is 11,355,000 vs. 10,863,000 last year.
Russia and Roumania Conditions in Rus
sia, are very unsettled. In Roumania the
country itself appears to have settled down
after the ancistlce disturbances.
Australia Rains put the land In good
condition for plowing and sowing and good
progress has been made. Kxport movement'
of wheat Is expected to continue on a large
scale. Rains have fallen In New South Wales,
seeding pushed actively.
BUTTER WILL BE HIGHER TODAY.
Two-Cent Advance In Prints Announced by
City Creameries.
Print butter prices will be advanced 2
cents this morning to 60 cents for plain
wrapped In box lots. The buying price of
butterfat will be raised 1 cent to 5960 cents
at statlona. Tho Seattle print market will
Also make a 2-cent advance to 61 cents.
Cubes were active with the demand cen
tered on the better gradea for storage and
outsiae markets. Prices were to 1 cenl
higher, at 57 '. cents for 02-score. There
were sales of extras at 5S cents. A small
quantity of inferior grade sold at 10 cents
under extras. Storage holdings Increased
'20,827 pounds. Floor stocks were 1179 cub
and 550 boxes. Receipts on Monday. were:
Pounds
California- 9,284
Idaho l18
Oregon 10.250
Washington , ... 3,196
Fruits and Vegetables.
Loral Jobbing quotations:
FRUITS Oranges, $4 6.23; lemons.
$3.75&0 per box; bananas, SVfe Uc per pound
apples, $45.50 per box; grapefruit, $4 G
4.25: strawberries. $2.756.
VEGETABLES Cabbage. $5.506 per 100
pounds; lettuce, $1.752.75 per crate; pep
pers, 30c per pound; artichokes, 90c; cauli
flower. $3.25; beets, per buck; car
rots, $3.50 per sack; turnips, $2.253.50 per
sack; cucumbers, $1.502. 25 per dozen;
matoes, $4.50 per box; spinach, 8c per
pound: peaa, 12'A15c per pound; rhubarb,
$2.252.75 per box; asparagus. $2.252.50
per crate.
POTATOES Oregon Burbanks. best. $1.75
Yakimas. fl.70li.00; new California, 9
11c per pound.
ONIONS Oregon. Jobbing prices. $4 5
per sack; new, $3.754.75 per crate.
Staple Groceries.
Jxrsl Jobbing quotations:
SUGAR Sack basis- Fruit and berry,
$9.55; beet, $9.45; Honolulu cane, $9.50; ex
tra C, $9.15; powdered in barrels, $10.25;
cubes in barrels, $10. 4a.
NUTS Walnuts. 2735: Brazil nuts,
35c; filberts, 28c; almonds, 24 & 30c; pea
nuts, 1 1 j.l;c.
SALT Half-ground 100s, $16 per ton
50s. $17.25 per ton; dairy, $25 per ton.
RICE Japan stylo, Oc; blue rose, "10c
head, 12c per pound.
BEANS Buying price large white, 5a pet
pound; red, 4c per pound.
COtFK Roasted, in drums, 30cSp42c,
Provisions.
Local Jobbing quotations:
HAMS All sizes, choice. 41t-42c; stand
ard, 41c; skinned, 35 & 30c;; picnic, 29c; cot
tage roll, c.
LARD Tierce basis, 5oc; compound-, -b?c
per pound.
uiti salt snort, clear pacas, -u'a-Jic;
plates, 2H&2Sc; exports. Sic.
iiALU. r ancy, D34doc; sianaara, 4uf
40c; choice, 742c.
IIops, Mohair, Etc.
HOPS Oregon. 1918, crop, 45c; 1917
crop, 27(ir2Sc; 1916 crop, liifrjlic per pouna,
three-year contracts, 30c, 2sc. 25c,
WOOL Eastern Oregon and Washington,
30 S ;-' c per pound; valley, 8O06OC per
pound.
MOHAIR 1918 cup, S4C per pouna.
TALLOW No. 1. 8'Ac per pound; No. 2,
Oc per pound; grease. No. 1, ttlic; No. 2,
5lc per pound.
CASCARA BARK. Ne, s 'tf luc per pouna.
' URA1N BAGS In carlots, 13c
Total
.22,946
Increase in Wheat Exports.
Wheat shipments in the past and former
recks were:
Wk. End.
May 17
U.S. - Canada.1 3. 14.Ooo
Argentine ... 2.1S5.0UO
Australia .... 2,700,000
India
Wk. End. Wk. End.
May JO May 1 8
u.umi.oon 3,r57,oo0
1.408.000 1.500.000
2,328.000 62O.0O0
560,000
Total 18.031,000 13,645.000 6,017.000
Shipments for the season to date compare
as follows:
Total Since Same Period
July 1, 1018 Last Season
u. S. and Canada. .208.380, ooo 226.298. ooo
Argentina 75, 168. OOO 41.190.000
Australia 53.400.000 SB.30.m000
India 5,461,000 14.0O6.0O0
the camp, Sunday and many (alien, of
berries were gathered.
The wild blackberries are also blooming
in great profusion and the blackberry sea
son la looked forward to with expectancy
by camp dwellers.
CROPS
ARK
WELL
ADVANCED
Am Beet Sugar.
American Can..
Am Car & l-'dry
Am H & L nfrt .
American Loco.
Am Sm & Refg.
Am Sugar Refg.
a in bum Tohac.
Amer Tel & Tel.
Am X L & Sm . .
Anaconda Cop..
Atcnison
VG4WISSL
Baldwin Loco
Halt & Ohio . ..
Both Steel B . ..
H & S Conner . .
Calif Petrol . . .
Canadian Paclf.
Central Leather.
c .ies & Ohio . . .
Chi M & St P..
Chi & W ....
Chi R I & Pac.
Chlno Copper . ..
t oio tj & Iron.
Corn Products..
Crucible Steel . .
ba Cane Sug
7.1 OO
7.50O
14.800
1.300
" V.r.oo
9.300
4.400
13,800
1.2O0
9.8O0
1,200
SOI)
8.000
4.:;oo
4,:;oo
Distill Sec Corp. 14.500
Erie 4, too
;eneral .Electric 1.2o0
(Jeneral oMtors. 6.000
It Nor pfd .... 4.500
t:t Nor Ore ctfs. 6,300
Illinois Central.. 200
lnspir Copper .. 7,300
lnt M M pfd . . . 41.500
Inter Nickel ... 3,700
Inter Paper .... 20O
K : Southern . . 2.700
Kennecott Cop
Louis & Nash
Mexican Petrol.. 10.800
Miami Copper .. 7.000
.Miovale Steel... :i.tou
Missouri Pacific 33,200
io:;
123,
80 '
7SS
1301.3
106
106-7i
16'i
67
07 'A
io:;
lOH'i
55
77
2 9s
160',i
I1
U7 54
47',j
100 i
30 ,j
3S:;.
H
74
.".5
77H
Ift.
164 V.
J 831,
98 '4
461i
102
55 U
126'
27
50 V
24
Nevada Copper.
Y Central . . .
N Y NH&1I..
Norf & West . ..
Northern Pacif.
1'aclflc Mail . . .
Paclf Tel & Tel.
BOO
9.8"rO
4.8O0
1.2O0
2,100
30O
200
Pan-Am Petrol 43,600
Pennsylvania .. o.ion
Pitts & W Va . . 1,000
Pittsburg Coal.. 0.100
Ray Consol Cop. 2,400
Reading 12.200
Rep Ir Steel. 2,600
Shat Ariz Cop.. 200
Sin Oil & Refg.. 23.000
Southern Pacif. 2.1,400
Southern Ry . . . 11,300
Stude Cor ex div 10.6O0
Texas Co 3.400
Tobacco Prods. . 2.700
Union Pacific... 6.700
Unit Ciff Stores. 2.200
IT S Ind Alcohol 9.200
U S Steel 114.500
do pfd ,COO
Utah Copper.... 1.5O0
Western Union.. 2.SOO
Westing Electric 1.2O0
WiUys-Ovcriand. 6,100
18314
27 It,
47 -i
83 5i
17'-i
82 i
35
112
97 -i
"i
02
48U
38
57 H
21 ?i
89 i.
86 Vi
15
6.H
109H
278
89
136
134
158 U
103 1 1
1 I s i
7s;
f4
56 -T
33-4
150 ;,
1 05
lo5l
10
mi
101
97
53 4
75 -t
2H
3 65'
89
H6l
4.".
99
29 V,
:;s
46
Bl'i
73
34 Vi
75 Vi
19
103
1S0H
07
45
102
54 VI
324 U
20--,
50 i
23-5
181 '.
27'a
47,
32 1
17'3
81 V4
53
1 10V4
97
39
26
90
47
:t7v
56
21 'i
88 '
84 Vi
14i
63 H
108H
31,
79-,
274
S8'4
1351,
J 33 '4
155V4
101 S
ll-'
Recent Rains Improve Condition, In Lewis
County. .
CHEHALIS, "Wash., Vay 20. (Special.)
Crop reports from various portions of Lewis
county are for a 97 per cent yield up to
date, according to George R. Walker, who is
agent' for this county and who makes regu
lar reports to Supervisor Marchette at Spo
kane. Tho recent rains that have prevailed
in this cectlon of the stale have put the
various kind, of crops so far in advance
already over their condition in 1918 that It
is figured reasonably certain that there will
be abundant yields of all kinds. Aside from
the fact that some of the strawberries that
blossomed culte ,arly were frosted, there
will be a fine fruit crop In every part of
the county.
STRAWBERRY
PRICE
IS
HIGH
LITTLE STOCK AT YARDS
MARKET IS QUIET WITH PRICES
ABOUT STEADY.
Sale.
a IV,
54
100m
123i
(0 v
78
1-loVi
106
106
67 4.
96 Mi
103
100
65
76
24,
31
16V
91
66'-,
4Ua
100?i
::o
::f"i
46',
02 Va
74 i
:;.-,
78 Vi
19H
163
1S2V4
98V,
46
302
54 i
125
2r,
501.,
23
34
121
1S1
IT
47
33 Mi
17 V-
81 .
V.
112
97 Vi
39
26 i
02
4MV4
38
Z
89
S6'-i
144
04 li
108
31
82 N.
276Vi
89 'i
136 V
134
157
102
31.-.
78
89 'i
nr. v.
33
Nine Cent, Will B Paid at Hood by Big
Canning Firm.
HOOD RIVER, Or., May 20. (Special.)
A price of 9 cents per pound net to tin
grower, establishing a local record. has
been announced by Sales Manager O. W.
McCullagh for the co-operative agency's
canning strawberries of the season. The
fruit ha, been ,old to I.lbby, McNeil
Libby, to be packed at their cannery at
The Dalles. The association, however, will
release sufficient fruit to fill the needs of
local canners. f
Mr. McCullagh denies a report that the
association has contracted the sale of its
entire pack of commercial strawberries. He
says the berries will be said at the pre
vailing market on the day of their rectlpt,
Eastern Dairy Produce.
NEW YORK, May 20. Butter, steady, .unchanged.
Kggs firm, unchanged.
Cheese higher; state current make spe
cials, 31i e32';c; ditto average run, 31Ve.
CHICAGO. May 20. Butter Higher.
Creamery. 52 58 Vic.
Kggs Unsettled. Receipts. 4S,54t oases:
firsts. 434943; ordinary firsts. 41 Vs W43c; at
mark, cases included. 42-6' 43 Vic : storage
packed firsts. 45 G 46c; extras. 4646Vtc.
Poultry, alive steady. Fowls, 35c; roosters,
19 Vic.
For Top Hogs'Twentr Cents Is Now
Ruling Quotation Cattle and
Sheep Are "Unchanged.
Witn ohly a few load, of stock in, the
market at the yards during the day was
quiet. Prices on the whole jwere steady.
For hogs, $20 was given as the top. though
no sales were reported during the day above
$19.75. Full prices were realized for a few
of the cattle and sheep offerings.
Receipts were 85 hogs and 79 sheep.
The day's sales were as follows:
Wrt Price.
.lln.i $ 9.50
103O lo..-,o
LIBERTY BONDS
IF YOU MUST SELL YOUR MRF.RTY BONOS. SEI.I. TO I S.
IP YOU CAN BUY MORE LIllr.lt T BONDS, BIY IISO.M US.
On Tuesday, May 20, the closing New York market prices were as given below.
These are the governing prices for Liberty lionds all over the world, and the highest.
We advertise these prices daily In order that you may always know the New York
market and the exact value oi your x,ioerty lionu.
Market price.
Plus interest .
1st 4S 4S 1ST 4.
09.54 95.62 94.36 95.78
1.52 1.73 .07 1.84
10L06 97.33 94.13 97.62
2d 4;s
U4 70
64.'
Sd 4 Vis
i5 70
.78
4th 4Vis
04.76
.43
95.19
Coffee Futures Higher.
NEW YORK. May 20. The market for
coffee sutures was higher today with Sep
tember and later deliveries making new
high records for the movement. Closing
bids: May, 18.70c; July, 18.85c; September.
18.55c; October lS.ftSc; December, 18.05c;
January. 17.92c; March. 17.85c.
Spot coffea firm. Rio 7s. 19 c ? 19 Vi e;
Santo, 4s, 23 Vic.
Dried Fruit at New York.
NEW YORK, May 20. Kvaporated apples
firm. Prunes, unsettled, peaches firm.
Cotton Market.
NEW YORK. May 20. Spot cotton steady.
Middling. 31.75c.
Pulnth Linseed Market.
DULUTH, May 20 Linseed. 4.121
4.14,
New York sntar Market.
NEW YORK, May 20. Sugar -unchanged.
2 cows.
1 cow. . .
1 cow ...
1 cow
4 cows. . .
1 cow. . .
4 cows. .
1 cow . . .
1 cow . . .
2 cows. .
1 cow . . .
2 cows. .
4 cows. .
1 COW . . .
1 cow . . .
1 xteer. .
1 1 00
9l
iv.io
9o
5 on
1MO
1O70
810
, 810
890
, 885
. 830
. 650
1080
1433
9.0O
0O
2 bogs...
S hogs. . .
8 hogs. . .
S hogs. . .
heifers. 81S
Wrt Price.
. 180 $19.75
. 225 19.75
. 220 30.75
. 145 19.50
. 200 10. 50
. 1TO 18 65
. 355 17.75
. 400 17.75
. 145 18. OO
. 1 20 1 S.OO
. 237 10.75
. 271) 15.00
. HS IS 00
. 72 15.00
. 12.1 7.80
. lOO 7.00
. 126 8 OO
71 8.50
. 76 10 .50
. 60 10.50
8.50I 3 hogs....
8.50 2 hogs....
7 5o I hog
7.5o 2 hogs
6.5ol 1 bog. . . . ,
5.50;iO hogs.. . ,
5.25! 2 hogs
5. 25 46 lambs...
5.00 33 lainbe. .
4.001 2 ewes. . .
13.75i 2 ewes.. .
12.751 18 ewes. . .
8.75-63 y'rlings
1 calf. 11D.13.0O 18 y'rllnss
1 calf 240 13.0OI a y'rlings
1 hog. . . . 22U 19.Tdl
Prices quoted at the local yards folio
Cattle
Best steer,
flood to choice steers
Medium to choice steers .....
I-'alr to good steers ..........
Common to fair steers
Cood to choice cows, heifers..
Medium to rood cows, heifers.
Fair to medium cows, heifers.
Can ners .....................
Bulla
Calves
Storkers and feeders
Hogs
Primo mixed
Medium mixed
Rough heavies
Pigs
Sheep
Prime spring lambs
Fair to medium lambs
Yearting-a
Wethers
Ewes
1S.e0O13.50
11.0011 11.50
io. oo n.oo
n.oo''io.oo
8.00, 0.00
10. 00 a 11.50
6 50 4t 7.50
4.5nt 0.56
n.ooi 4.00
6.00 if 8.00
0.00?12..'i0
7.O0U10.O0
19.75S2n.00
19. 50r 19.75
, lS.OOifr 18.75
. 17.75418.25
14.00W1.VOO
12.50 Si 13
J i oor 12 on
9.ooall.oo
. .00 u 11. ou
STATE ORIGIN'S OF LIVESTOCK LOADED
Shipments to the leading- Market, e-f tha
Pacific Northwest.
State origins of livestock loaded May 19,
1910:
For Portland
Cattle, Horses.Mlxed
Calves. Hogs. Sheep. Mules. Stock
COVEBI'NG LIFTS CORN
Oregon 17 3 6 .... 3
Washington S .... ....
Totals 17 3 !.... .1
Week ago ! 6 3 . . . . 8
Four weeks ago 26 " 6 3
Year ago 19 3 . 5
For other markets
For Seattle ... 7 10 2 3
For Spokane .. 3 .... -
Totals U. S 351.1 2S41 5S2 fifl 615
Week ago 3(186 20JS 778 67 SOS
Four wka. ago.3090 1920 832 116 53
Year ago 3197 1033 744 83 434
SHORTS ARE RESPONSIBLE FOR
ADVANCE AT CHICAGO.
Bid.
BONDS.
C S Lib 3'is. ,
do 1st 4s..,
do 2d 4s. . .
1st 4a
2d 4s
do 3d 4s.
do 4th 4V.
U S ref. 2s reg.. 99
do ref. 2s cou.09V
do 3s reg 80
do 3s cou 89
do 4s reg lo6
09.561 do 4s cou 106
95.021 Atchen gen 4s... 82
94.361 D H O ref. 5s. 82
95.78'N Y Cent deb 6s. 99i
lt4.7!Nor Pao 4s...... 83
r..70!Nor Pac 3s 60
94.76' Pac Tel & Tel as.
Penn con 4s... 95
Union Pac 4s... '86
IT S Steel 6s. .. .100
Sou4Pao-cv. Bs..lOM
Anglo-Fr 5s 97
Renewed Strength Results From Rc
cstablishmcnt of 2 00,000-Bushel
Limit on Trades.
CHICAGO, May 20. New strength which
developed in the corn market today was
ascribed largely to re-establlshment of a
200,000-bushel limit on individual trades.
There was a nervous close, 2 cents to 3
cents net higher, with July $1.64 to
$1.64, and September $1.58 to $1.58.
Oats finished 11c to 2e up and pro
visions at gains of 25c to $1.10.
According to current gossip, eastern specu
lators who have been activo on the bear Bide
of the com market were tho ones chiefly
affected by the ban against unrestricted
trading. However this might be, it was
covering by shorts which seemed almost
wholly Instrumental in today's advance.
Oats were lifted by export demand and Dy
the strength of barley and corn.
Provisions rose despite considerable weak
ness in the hog market. The upward swing
of grain gave Impetus to the advance.
Leading futures ranged as follows:
CORN.
Open. High.
July $1.62 l..-i
Sept.- 1.56 L5S
OATS.
July 67 .60
Sept B i .Oo Vi
Low.
$1.62
1.56
,'.66
.63
Close.
$1.64
1.58
.68
.65
Mining Stocks at Boston.
BOSTON, May 20. Closing quotations:
Alloucz 36 lOld Dominion..
Arizona Com.... 12ViHisreola
Calu & Arizona. 64 IQuincy
Calu & Hecuu..395 (Superior
13 Sud & Boston.
44 jshannon ......
9llTtah Con
2 w inona
. 2ft Wolverine
, . 4 Granby Con....
.."59 Greene Cananea
lit
34
I
61
6
2
- 5
HI
90
18
69
41
May
July
Total 432.469.000
317,889,000
California I-arge Rice Producer.
Statistics at hand show that of the total
rice crop In the United States of 10,610,000
bags, California produces 2,000,000 bags. The
total crop is made up of 6,200,000 bags of
blue rose, 2,400,000 bags of Japan style and
2,000,000 bags of Honduras. Kxcept for a
small quantity of blue rose, almost the en
tire production of California consists of
Japan style.
Kgg- Buyer, Raise Bids Again.
Kggs were firm and higher with cash buy
ers paying 44 and 45 cents, delivered. The
btorage Increase was small. 01 cases, and to
tal local holdings are 83,082 cases. Floor
stocks were 2538 cases against 5393 cases a
week ago. Receipts were 1244 cases from
Oregon, 43 from Washington and 7 from
Idaho, a total of 1299 cases.
Demand for Strawberries Good,
Strawberries were In larger supply yester
day and with a goo ddemand the market
was steady. California, sold at $2.75 and
most of tho Oregcns at $4 84.25, Washing
ton Clark seedling, were quoted up to $6.
Hide, and Pelts.
HIDES No. 1 salt-cured hides, 30 lbs.
and up, 20c; No. 1 part-cured hides, 30 lbs.
and up, IWV-c; ISO. 1 green niues. ou ius. aim
on 17-: Mo. 1 salt-cured bull hides. 50 lbs.
and up, 14c; No. 1 part-cured bull hides, 50
lbs. and up, 12 Vic; rs o. x green ouu niuce,
50 lbs. and up. .11c The price on rs o. J
hides will be 1c per pound less than on No.
1. No. 1 calf skins, up to 15 lbs., 45c; No. 2
calf skins, up to 15 lbs.. 43c; No. 1 kip skins.
15 to 25 lbs.. 25c: No. 2 kip Bkins, 15 to 25
lbs., 23c; dry Hint hides, 7 lbs. and up, 30c;
dry flint calf hides, under 7 lbs., 40c; dry
salt hides. 7 lbs. and up. 24c; dry salt calf
hides, under 7 Ins., 34c; dry Hint stag or
bull hides, 20c; dry salt bull hides, 14c; dry
bull hides and skins, half price; dry horse
hides, according to size ana quality, eacn
Sl.fiOS; salt hor.e hides, skinned to hoof
and head on, $346 horse hides with heads
oir, 50c lessi.
I'KI.Tfs l.lry long-wool sneep pens, per
lb., 25(q35c; dry medium wool sheep pelts.
per lu.. 2o'i30c; dry shearling sneep pelts.
eh. SOIj'Toc; saltea long wool sneep pens.
each, J2'o; saltea meuium wool suei jen.
each, $l'n2: salted shearling sneep pens,
each, 5075c: m
SAN FRANCISCO FKODLCE MARKET
Prices Current on Eggs. Vegetables, Fresh
Fruits. Ktc., at Bny City.
SAN FRANCISCO. May 20. Butter. 62c
Kggs Fresh extras, 64c; firsts, BOVic;
fresh extra pullets. Sic.
Cheese New, firsts, 30c; Young Americas,
Sic.
Poultry Hens. 56 38c: young roosters.
455oc; old roosters, 2024c: small broil
ers. 5436c; large broilers, 3638c; fryers.
40 42c; geese. 35 38c; pigeons, v2.2o(tf J
dozen: sauabs. 60m 65c a pound.
Vegetables Asparagus, 8≻ egg plant.
2025c: nenpers. bell, large, 2i3jc
pound; peppers, email, 1520c; chile, 20j
25c;' summer squash, 90c$1.15, crate or
box; tomatoes, $3.50 4 a crate; lettuce, Los
Angeles, $1125 a crate, iced; lettuce, un
iced, 75c&$l; potatoes, new, $405.50; sweet,
sow 6.50: onions. $4 4.25. cental: green.
$2Sr2.25 a box; rhubarb, $1.351.73 a box;.
Kreeil peas, bay No. 1, 7B Vic; do No. 2,
56c; cucumbers. $2.252.50 box, hothouse;
spinach, 75c$L25 crate; string beans. 33
15c lb. for Kentucky Wonder; do, other, lod
12c; wax, 3213c; carrots, $404.50 sack
green okra. 25Q30O lb.
Fruit Lemons, $3.5034 box: Valencia
oranges. $4.755; grapefruit, 3.75gt4 box,
fancy: bananas. 7 8c lb.; pineapples, $3
4 doz., small: $3 6 large; apples, Newtown
Plnnins. $3.754 box; loquats, Gso lb
strawberries, $S11 chest; crated berries,
$2(9 2 25 crate: cherries, bulk, black, 15(9
17c lb.; do white, 1014c: apricots, $2.75
ft3 crate; gooseberries, -10-12c lb.; can
taloupes. $13.50 pony crate.
Receipts Flour. 11,372 quarters; barley.
4710 centals; beans, 984 sacks; potatoes, 812
sacks; onions, 00 sacks; hay, 90 tons; hides
871; wine, 8300 gallons.
Naval Stores.
BAVANNABT. May 20. Turpentine ft
77c; sales, 119 barrels; receipts, 572 bsr-
reis; shipments, 10,23 barrels; stocks. 16,35
barrels.
Rosin quiet: sales, 202 barrels; receipts,
1173 barrels: shipments. 3997 barrels; stock,
55.9S6 barrels. Quote: B, $10.70; L. $10.8,
K. $10.90: F. $10.95: G, $11; H, $11.10:
$11.25: K. $12.60: M, 12.70; N. $13; WG,
f 13.25; WW, $13.50. '
Centennial
Copper Range.
Fast Butte...
Franklin .....
Isle Koyalle. .
l.ake Copper. .
Mohawk
North Butte..
Money Kxchange, Etc
NEW YORK. May 20. Mercantile paper
unchanged.
Sterling, 60-day bills. $4.60; commercial
60-day bills on banks, $4.59; commercial
00-day bills. $4.69; demand, (4.63: cables.
$4.64. Jrrancs, demand, 664; cables, 6.6:
guilders, demand, 38; cables, 89 7-16; lire.
demand, H.32; cables, 8.90.
Time loans, easier; all dates, ov7o
Call money strong. High, low and ruling
rate and closing bid 634 ; offered at 6; last
loan 6.
Bar silver $L084.
Mexican dollars 82c
MESS PORK.
B4.50 54.15 54.50
60.10 49.25 60.10
LARD.
31.25 31.62 r.l.2 51. 62
...30.8l -1.32 50o 51.52
SHORT RIBS.
29.25 20.10 29.25
.....27.25 27.75 27.25 27.75
COAST AND EASTERN DAIRY PRODUCE
Butter Market Conditions at Leading- Dis
tributing Points.
San Francises- and eastern dairy- produce
reports received by wire by the Portland
office of the bureau of markets yesterday
follow:
Chicago Quite a little buying activity de
veloped on tills market late yesterday after
noon and today's prices were advanced c
on the outside. With the market steady at
this price trading today, however. Is only
fair and dealers were divided as to an opln-
on of tho market, some not being inclined
to press sales at the moment and others 1 OUTIiOOIv
clearing their floors as the opportunity of
fered. Cars of centralized were very firm
and sold its to quality from 63 to 53c
Receipts were very heavy today, 23,140 tubs
betug reported; 92-score, f8Vic.
New York A firmer feeiing, with very
little change in the quotations, prevailed
on the market today. For the most part
the dealers are quite confident, but there
are a number who have very little faith in
the present situation. There are continued
rumors of export Inquiries, but no definite
business reported. Receipts continue to in
crease and the supplies on dealers' floors
show a marked accumulation. A supply of
all grades is fully adequate and the volume
of business reported is only moderate. Some
undergrade cars were reported sold at 57
5Sc. while 59fo9c is being asked for 89
OO-point centralized. There are a few cars
of Canadian creamery on the market and
more reported on the way. Receipts yes
terday amounted to over 20,000 tubs. Stor
age holdings and street stocks showed a ma
terial increase.
San Francisco Notwithstanding .the very
Blow movement of goods and apparent ac
cumulation of stocks on this market, prices
advanced a full c on upper scores of but
ter today. Here and there a dealer reports
very little butter on his floors in excess
of Immediate needs, but . many have been
unable to find any outlet which would net
reasonable profit and a somewhat shaky
feeling is expressed from these quarters.
Undergrades are In good demand and a few
lots of 88 to 89-score sold at about 57c
today. Storage holdings show an Increase of
40,238 pounds this morning; 93-score, 60c
July
Sept.
May
July
Cash prices were:
Corn No. 3 yellow. $1.7601.77; No. 5 yel
low, nominal.
Oats-r-No. 3 white, 691TGOc: standard.
70 tf 70 c.
Itye No. 2, nominal; no. ., nominal; ro.
4, $1.42.
Barleys $1.1391.2-.
Timothy $9 4T 12.
Clover Nominal.
Pork Nominal.
I.ard $34.
Rib, $28(328.75.
Minneapolis Grain Market.
MINNEAPOLIS. May 20. Barley, $1,03 9
1.13.
Flax, $4.15 4 17
Grain at San Kranclaco.
SAN FRANCISCO. May 20. Flour. $12.30.
Grsln--Wheat. $2.20, oats, red feed, $2 20
r2.40; corn, California yellow. $3.35(83.40;
barley. No. 1 feed, $2.57 ( 2.62.
Hay Wheat or wheat and oats. $16i318:
- 1 -1 1 . - Ka-1-v I 1 1 l.f ! 1 .ll.ir-i
$154fl9; barley straw. SO'.fSOo halo.'
Chicago Livestock Market.
CHICAGO. May 20. (United States Bu
reau of Markets.) Hogs Receipts 34.000,
market fairly active, mostly 10c lower than
yesterday's average. Top, 121. 20; bulk
$20.901.21.10; heavyweight, $20.90021.20
medium weight. S20.80W21.15; lightweight.
$20.6041.21.15: light light. $l.50Q-20.75
heavy packing sows, smooth. $20.251 20.65
packing sows, rough. $19.7520.25; pigs.
$18.63 11 19.75.
Cattle Receipts 19.000, beef steers and
she stock opening slow, bidding fully 25o
lower. Veal calves, 60c higher. Fleshy
feeders lower, others and stockera steady.
Beef steers, medium and heavyweight,
choice and prime, $16018.60; medium and
good. $ln. 50016.25; common. lll.C0ffl.i5
lightweight, good and choice, S13.75$16.i
common and medium. $10.50&14: butch
cattle, heifers. Jbill5: cows. J 7.75 4i 14.75
canners and cutlers. $0.237.75: veal
calves. Unlit and handy-weight. J 141? 15 25
feeder steers, $10.25 f 15.25 ; stocker steers,
ts 50 1.1.75.
Sheen Receints 13.000. market full
steady: lanihs. 84 pounds down. $13.25'
,14.75: 85 nounds up, $12.7514.65: cull
and common. $H 12.50; springs, $16.50i!
18.75; yearling wethers, $11 50fl3: ewes.
medium, good and choice, $10oll-2o; cull
and common, $4.50 r P. 75.
Seattle Livestock Market.
SEATTLK. May 20. Hogs Receipts 30
NtMdi- Prime $2o. 50 it 20.6o : medium 1
choice $20.25 'rt 20.40 ; rough heavies $18,259
lSTf.: Tiles X 1 K "5 'a) 19.7 J.
Cattle Receipts 194. Steady. Best steers
$I1.50ri4.50: medium to choice $10.50 011;
common to good $7010; best cows and
heifers $8'-i'12; common to good $5$f7..0;
bulls $0y10; calves 17W13.
Omaha Livestock Market.
OMAHA. May 20. (United States Bureau
of Markets.) Hogs Receipts 12.600. market
strong to 15c higher. Top, $2u.80; bulk.
$20. 50 20.70.
Cattle Receipts 6500, market being 25 J
50c lower. Veals steady, stockers and feed
ers slow. Sheep receipts 40u0, market
steady.
MORRIS BROTHERS, Inc.
THE PREMIER MUNICIPAL BOND HOUSE.
509-1 1 Stark fctrert. Between 1 ifth and rvxtli streets.
Telephone: Broadway 2151. Kt-tab;isiied Over 25 Years.
Our Standards of Practice
Within the next few days we shall make some
very pertinent statements for the columns of this
newspaper, based upon the belief that business is
built upon w hole-hearted service to the public backed
by honest selling practices and truth in advertising.
We are members of the Better Business Bureau
and will endeavor to co-operate in upholding the fol
lowing: rules of practice :
"Our advertlsinpr shall state tho truth, and thall
contain no etatemert which although literally true
may create a. false, impression.
"Our employes shall iincier no circumstances mis
represent or make a statement vhi. h dues not conform
to these standards.
"We expect others to adhere to these fisnrlards of
practice aa we ourselves liave aurcprl to. ml we
commend newspapers and all ot her publishers of
nd vertisins; who take steps to eliminate deceptive ami
therefore harmful advertising."
What we may publish shall be done so because
we understand our full obligations and duty under
these standards of practice.
MORRIS BROTHERS, Inc.
TnB IMtUMIBR MCMCTPAL IiO.NI IIOISK
309-11 Stark Strrrr Hflnfrn Fifth and Sixth
Telephone: Broadway 2151. Established Over 23 I tan.
Government and Municipal
Bonds
Bought and Sold
L Devereaux 5v(5mpanv
87 Sixth Street Municipal Bonds Broadway 1042
Ground Floor Wells-Fargo Building
GRAIN STAND IS GOOD
GENERALLY FAVOR
ABLE EAST OF MOUNTAINS.
Warmer Weather Would Be Wel
comed by Farmers Spring
Seeding Is Completed.
EUGENE BOOSTS CAMPAIGN
Active Work for Reconstruction
Bond Issue Commences.
Rl'CESE, Or.. May 20. (Special.)
The Euirene chamber of commerce has
InauRurated a vigorous campaign In
hohalf of the reconstruction bond issue
to be voted on at the special election
in June. George H. McMorran. a mem
ber of the state committee, has been
named head of the executive committee
that will have charge of the campaign
here.
Other members of the committee are:
Dean 13. W. Morton, head of the school
of commerce at the university; Ivan
V. Onthank. secretary to President P.
I Campbell; U K. Bean, attorney: J
B. Bell, abstractor; David Graham, mer-
chant: C. 13. Rorer. banker: 13. K. Yoran.
merchant: Major W. A. Arnold, head of
the Loyal Legion of loggers and um
bcrmen here: J. K. Shelton. editor; C.
A. Howard, principal of the Eugene
high school: Frank Jenkins, editor; A.
U. Williamson, mercnant: e. j. joore.
county school superintendent, ana j
C. Price, merchant.
Albany Man. Back as Captain.
ALBAXT. Or.. May 20.-r-Speclal.)
Captain Alton B. Coates of the 411th
telecraDh battalion, which made his
tory in France In keeping up lines of
communication, arrived at his home in
this city yesterday after 14 months
servlc overseas, wintering- the service
IV I LI) BERRT CROP
13
LARGE
Metal Market.
NET YORK, May 0. Copper and Iron
unchanged,
Load stoady. Soot, 5. loci July, S.35.1.10c.
Spelter firm. fcpoU 6.15c; July, Q.HVi'ti
6.50c . .
Hills From Philomath to Enmmlt Literally
Covered With Plants.
SUMMIT, Or., May 20. (Special.)
Heaw rains have prevailed here for the
past week, arestly benefiting gardens and
Grain, but Interfering somewhat with road
work. 15ntll these rains tha roads from
Philomath to Newport were In better eondi
tlon than usual at this time er year.
Work on the roads will be resumed at
once and a week of dry weather will make
earl v travel to Newport easy.
The unusual abundance of wild straw
berries on the hills from Philomath to Sum
mit Is being greatly enjoyed by the people
from the many logging eaasps and mills
along the way and despite the occasional
showers there was a general exodus from
Crop conditions In Northern Pacific terri
tory are reported by F H. Fogarty, assist
ant general freight agent, as follows:
Main Line. East ot Pasco seeding com
pleted: warmer weather needed for growing.
Plenty moisture In soil ana nave naa some
recent rains. Grain has good color and good
stand. Fall grain up nine Inches, spring
grain five Inches. All conditions favorable.
Outlook very good, best In some years.
Washington Central Railway, Connell
Northern. Seeding completed, some blown
out and reseeded. It Is too com lor good
rmvlii weather. Plenty moisture. Grain
verv rood In color and stand. Fall wheat
up 10 to IS Inches. Spring grain from one
to 10 Inches. OutlooK very gnoa.
Main Line. West of Pasco. seeding nearly
completed. All conditions favorable and
prospects are very good. Potato acreage
will nrobablv be increased over last year.
Washington & columDia wver nauroaa.
All conditions remain favorable. Had good
shower over entire district, which will bo
very beneficial to all crops. Fall sown grain
from three to six lncnes aneaa ot last year.
Palouse & Lewlston Branch, Kortn ot
Moscow. Seeding finished. Plenty of mois
ture and conditions ravoraDie except too com
for good growing weather. Outlook very
good. Too early for data on potatoes.
Palonse ae l.ewision jsrsncn, jvinncow ana
South. Camas Prairie. Clearwater Short
Line. Seeding nearly liniHneo. couuiuoni
ideal, eutlook very good. Potato acreage
about 6 to 10 per cent Increase ever last
year.
fcipotcane ana iniana i,mpiro. dctuihb ai
grain completed; weather ideal; cool nights:
plenty moisture. The acreage is very much
larger than last year. The potato acreage
will be considerably lean, V
Captains and mates In fhe New Eng
land fishing Industry recently demand-
Shortage of silver is affecting tne
general trade situation ain China,
CLARK.KENDALL& CO.
Government, Municipal and
Corporation Bonds.
Corner Firth and Stark
Streets.
LIBERTY
BONDS
We recommend the pur.
chase of Liberty Bonds and
are prepared to fill orders
in any amount.
If you have Liberty Bonds
to sell, we will buy them
from you at highest prices,
depending on New Tork
market quotation received
by wire daily.
l
The Canadian Bank of Commerce
Banking Service
This Bank provides every facility for the prompt and
efficient transaction of all kinds of banking business.
Portland Branch Fourth and Stark Streets
as a sergeant ne won a iirst lieu
tenant's commission before his com
mand left this country, and was pro
moted to a captaincy while serving In
France. Captain Coates will resume his
former position as wire chief In the
local office of the Pacific Telephone &
Telegraph company.
V. ot V. Slart Has Medals.
SEATTLE, Wash., May !0. Lieutenant-Colonel
David C. Hall, former Uni
versity of Washington man. arrived In
Seattle today after service . overseas
since June, 1917. Hall wears decora
tions given him by the British and
Italian governments. He saw service
with ambulance units in Italy and the
Argonne.
HEADQUARTERS
liberty" bonds
We BUT AND SELL any
a mount. New York, quota
tions by wire every morn
ing. Yesterday, interest
included:
jus
KIKST 4S
ShX'OXD s
FIRST 4hks
SKCON'D 4 Us. .
THIRD 4U...
FOUliTH 4fcs.
J101.01
37.33
94.32
S7.54
94.74
96.37
94. 9i
If necessary to sell your bonds,
bring them to us. We pay
highest local prices.
ROBERTSON &EWING
207-S X. WV Bank Bldg.
Frank Robertson H. C. Enlsi
mmMiiiiHniuniiiiiRiiniumiiniiiniinrmif
Baby Bonds
Denominations
$100, $200
Income Tax Exempt
Osll sr write for sstaJis
Freeman
Smith
&
Camp
Co.
SI 'MU FLOOR
MamfumuM Ems Bum.
TEXTBOOK OF
WALL STREET
WW
Including
History N. Y. Stock Ex
change.
History N. Y. Curb.
How These Market Dif
fer. Art of Speculation for
Profit.
Augmenting One's Income-How
to Open an Account.
Methods of Trading.
Dictionary-of Wall Street
Third Edition now
ready for Distribution
Copy fret upon reost.
INVESTMENT SECURITIES
Broad St. New Yoi
1 20
','.
WW
DrKBCT PRIVATE
ntfladelnfatsi
Harrtsbara
WE BUY
Liberty Bonds
tninnntniniimiiinniiironiuiniwwwwitiiuMoniiwiimuiuiiiiiw
At Top Prices
wittn
Dorney 6? Co.
269 OAK STREET
Ground Floor Lewis Bids.
J. B. Steinbach & Go.
STOCKS. BONDS, COTTOX, Git A IX-;nl-S-3
Railway Exchange Building.
K. I-', llutton & Co.'a Toast - to - Coast
Lrsard Wire.
Accounts Carried on Conservative
Marsin.
Tela. Main SS3 -