Morning Oregonian. (Portland, Or.) 1861-1937, May 27, 1919, Page 21, Image 21

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    TIIE MORNING OREGONIAN, TUESDAY, 3fAT 37, 1919.
21
KEEN DEMAND EXISTS
FOR NEW-CUP WOOLS
Sales on Local Market at 40
to 57 Cents.
torage. Street stocks were 3337 cases
gainst 2.'3S. cases a week a so. Receipts
Saturday were 7S8 cases from Oregon. 44
from "Washington and 7 from Idaho.
Hank Clearing.
Sank clearings of the northwestern cities
yesterday were aa follows:
Clearlnjcs.
Portland $5.Js3,HS7
Seattle ; . . 5,i8i,713
Tacoma 522,657
Spokane . 1.638,044
SHEARING IS NOW GENERAL
Catalogues Are Beins Prepared for
Coining Auction of 1918 Government-Owned
Wool.
Catalogues are being prepared at the
office of Charles H. Green, federal wool
administrator and distributor for the third
public auction sale of government-owned
wools, which will be held on June 10. The
sale will occur at the Columbia Basin wool
warehouse, where the preceding; sale took
place. A considerable quantity of Oregon
wool waa sold by sample at Boston last
Friday. Fine medium clothing wools started
at $1.25, scoured basts, and later sold down
to 11.20.
Wool shearing is on In full blast In east
! rn, Oregon and the new wools are reach
Ins Portland In large volume. There is a
keen active demand here for good wools.
. and mediums are coming up stronger. Sales
are being1 made up to 56 57 cents with
few lots going as low as 40 cents.
Trading is general throughout - the west
with the market as a whole on a firm
basis. In Montana, buyers have paid 55
to 57 cents for fairly good fine and half
blood clips running largely to staple. These
wools cost aroound $1.60 clean landed basis
tn the east and some purchases will go as
high aa $1.65 scoured landed cost. In
Wyoming activity has been more pro
nounced on the part of one or two dealers.
and prices being paid there vary all the way
from $1.50 to $1.60, clean landed, for wools
of the fine and fine medium type, while In
Texas a little buying is reported for fair
12-months wools for which as high aa 60
cecta is reported, or fully $1.50, clean basis,
Buying In Utah has become leas pronounced.
with 75 per cent of the clip of that state
estimated to have been sold or consigned
already, with prices at about 5153 cents
at the moment for fair fine and fine medium
clips and in some cases bringing a little
more. About 40 per cent of the clip in
Idaho has probably been sold and a very
large percentage of the clip in Nevada,
where buying started early.
In the fleece wool states fine clips are
being taken steadily at 60 cents or better
for the best delaine wools and 50 cents
and up is being paid for the better medium
clips. Shearing has been delayed more or
lesa by adverse weather In the bright wool
& tales.
SMALL INTEREST IX COARSE GRAINS
Bid Prices on Local Board Generally tn
changed from Saturday.
The coarse grain market opened quiet. Bids
n brewing barley for June delivery were
reduced 50 cents. Otherwise offers were the
same as Saturday.
. Weather conditions in the middle west.
as wired from Chicago: Minneapolis, clear;
70; Duluth. clear, fine; Illinois, tie- line,
58; Iowa, clear; Davenport, 60; St. os?ph
Kansas City, Sedalia, Omaha, clear, wai
Ohio valley, clear, fine.
The corn situation In the United Kingdom
remains firm, with allocations still insuf
flclent for requirements. Demand continues
active and for the greater part unsatisfied.
Dullness characterizes trading in Argen
una. oia crop remains heavy, and only
a. smm.il Business nas Deen done recentl
The tonnage situation an be considered
more favorable. Oats condition shows no
cnange and trade Is still dull and feature
jean.
Terminal receipts. In cars, were reported
oy tne Aiercbanty Exchange as follows:
Wheat Barley Flour Oats Hay
Portland-
Monday f 2
Tear ago o
Season to date.7402 1092
Year ago 37S0 471
Tacoma
Saturday 15 .
Tear ago 4 ...
Season to date. 537ft 45
Tear ao 5530 83
Seattle
Saturday . .... 6 ...
rear ago ..... l
Season to date. 5341
Tear ago 4806
21
20
26I7
11. S3
12
737
15oi
105
296
1
07
331
20 -12
1345
1067
Balances.
$1,745,066
2, las. 844
123,440
6O0.114
PORTLAND MARKET QUOTATIONS
Grain, Flour, Feed, Etc.
Merchants Exchange, noon session.
Bid.-
BIS RUN AT STOCK YARDS
RECEIPTS OVER SUVDAY ARE
101 CARLOADS.
Cattle and Srreep Are Ilair Dollar
lower Hog and Lamb
Prices Steady.
K97
1003
3
2R55
3093
CCBE BUTTER MARKET IS OCISKT.VtN
Steady Tons Is Indicated by Average
Sales.
The cube bntter market was a somewhat
uncertain affair, with a eood demand re
ported in some quarters and trading else
where slack. On the whole, prices were
steady with the bulk ot sales at 07&57'i
cents, although some 90-score was reported
Mid as high as 5SVi cants and 92-score
at 58 V4 cents for delivery later In the
week. Inferior butter sold at 53 cents.
The larger part of the buying was lor
storage. Storage holdings Increased 17,407
pounds and street stocks accumulated. Re
ceipts Saturday were:
- ... Pounds.
California 2,9:t0
Idaho ............................... ':M6
Oregon Ii!lB,9'.'
"Washington J4j
Total
Cheese receipts Saturday were
pounds from Oregon, 23.244 from
Oats May. June. July
No. 2 white feed J52.00 J52.00 S52.00
Harley
Standard feed ..53.50 B3.00 50.5(1
tandard A 54. 50 54.00 52.00
Eastern oats and com. bulk:
Oats
No. 3 white 49.50 49.50 49.50
8-lb. clipped white 50.00 50.00 su.uo
corn -
No. 3 yellow 69.00 BS.00 67.00
No. 3 mixed 68.00 07.00 66.0O
WHEAT Government basis, per
bushel.
FLOUBPatents. $11.45 delivered, JU.30
at mill: bakers. $11.1511.30; whole wheat.
10.25 10.40; graham. 10.05 S 10.20.
MILLFEBD Mill run t. o. b. mill, carlols.
$3738 per ton. mixed cars. 37.6038.60:
ton lots or over, $39i,40; less than ton, 4U
41; rolled barley, S6062; rolled oats. G1;
ground barley, $60.
CORN Whole, ton, 1.0; cracked, til per
ton.
HAT Buying prices t. o. b. Portland;
Eastern Oregon timothy, $36 37 per ton;
alfalfa, $28; valley grain hay, J2628;
clover, $26(328.
Dairy and Country Produce.
BUTTER Cubes. 92-score. 58 c: 91-score.
C8c; 90-score, 6714 c; prints, parchment
wrappers, box lots. 60c; cartons, 61c; half
boxes, c more; less than half boxes, lc
more; butterfat. No. 1, 69 60c per pound,
station.
EGGS Oregon ranch, case count. 45c;
candled. 46c; selects, 48c.
CHEESE: Tillamook, f. o. b. Tillamook:
Triplets, 34c; Young Americas, 35c; Coos and
Curry, f. o. b. Myrtle Point, triplets, 33c;
Young American, 34c; longhorns, 34?c.
POULTRY Hens, 35c; broilers. 32fi35c;
geese and live turkeys, nominal; dressed tur
keys. 4045c.
EAL Fancy, 19c per pound.
PORK Fancy, 26c per pound.
Fruits and Vegetables.
FRUITS Oranges. $4 6.23: lemons.
$3.756 per box; bananas, 8 9c per pound;
apples, ?4(&3.o per box; grapefruit, .4
-o; strawDernes, (.'.bU'd o cnerrles, SZ...U
per box, 17 ft & 20c per pound; cantaloupes,
Sll 13 per crate.
VEGETABLES Cabbage. (3.5095.50 per I
100 lbs.; lettuce, $2.25(2.50 per crate; pep-
pers, 30c per pound; artichokes, 90c; cauli-
liower. ij.; Deets. s.oo per sactt: car
rots, $3.50 per sack; turnips, $2.253.50 per
sack; cucumbers. $1.50)2.25 per dozen; to
matoes. 94. :' 4.. 'iu Dox; spinacn, tc per id.;
peas, 123 15c per pound; rhubarb, $2.25 &
... i t per dox; asparagus. ij.j:.o per crate.
POTATOES Oregon Burbanks. best $1.60
1.75: new California, 89c per pound.
ONIONS Brown, $3.75 per crate; white.
$4.75 per crate; red. 5ftc per pound.
Staple Groceries.
T..OC&1 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. $10.45.
NUTS Walnuts, 27B)35c; Brazil nuts.
85c; filberts, 8c; almonds. 21 B 30c; pea
nuts, 11 15c.
SALT Hair-ground loos. $16 per ton;
50p, $17.25 per ton; dairy, $25 per ton.
RICE Japan style, 9c; blue rose. 10c
head. 12c per pound.
keans nuyine price, large wntte. ac per
pound; red, 4c per pound.
lu i? nin noastea, in arums, suouc.
Provisions.
Local Jobbing Quotations:
HAMS All sizes, choice. V, J42c; stand
ard. 41c; skinned, oO&JdOc; picnic, 29c; cot
tuefl roll. 30c.
LA Ki Tierce basis. 30c: compound. -ofcc
per pound.
unit r a ij snort, clear packs, zura34c
plates. 26((2Sc; exports. 31c
bacon fancy, oaaio&c: standard. 4t
49c; choice, Ji42c.
Hops, Mohair. Etc
HOPS Oregon. 1918. crop. 45c: 1917 crop.
S28c: 1916 crop. 15M17c per pound: three-
year contracts, joc. 2c, 2oc.
WOOL Eastern Oregon and Washington,
40ra5ic per pound; valley, 30 & 50c per
pound.
MOHAIR 1918 clip, 55er64c per pound.
TALLOW No. 1. HViC per pound; No. 2
6H-c per pound; grease, Jso. 1. 6Hc; No. 2,
5Vc per pound.
CASCAKA BARK New, 10c per pound.
GRAIN BAGS In carlota. 13c.
Hides and Pelts.
HIDES No. 1 salt-cured hides, 30 lbs.
and up, 20c; No. 1 part-cured hides, 30 lbs
and up, 18Vic; No. 1 green hides, 30 lbs and
up, 17c; No. 1 salt-cured bull hides. 50 lbs.
and up, 14c; No. 1 part-cured bull hides.
ui) lbs. and up, 11c The price on' No.
hides will be lc per pound less than on No
!. No. 1 calf skins, up to 15 lbs., 4jc; No.
calf skins, up to 15 lbs.. 43c; No. 1 kip skins
l. to. -o lbs., 2oc; o. 2 kip skins, 1. to 2,
lbs., 23c; dry flint hides, 7 lbs. and up. 30c
dry flint calf hides, under 7 lbs., 4uc; dry
salt hides. 7 lbs. and up, 24c; dry salt calf
hides, under 7 lbs., 34c; dry flint stag or
-to-if: I bull hides. 20c: dry salt oull niaes, 14c; dry
1654 i bull hides and skins, half price: dry horse
hides, accoraing to size ana quuuiy. eacn
xl 5ornX3: salt horse hides, skinned to hoof
xiid bead on. S3i6: horse hides with heads
ff, 50c legs.
PELTS Dry long-wool sheep pelts, per
lb., 25&35c; dry medium wool sheep pelts,
per lb., 20'a'30c; dry shearling sheep pelts,
each 50tt75c; salted long wool sheep pelts.
each. $2W5: salted medium wool sheep pelts.
each, saitea sneariing sneep pelts.
each, 50 & ioc.
The yards had a big ran of 101 carloads
yesterday and there was an active market,
but the heavy offerings weakened prices,
except in the hog and lamb divisions. Cat
tle prices averaged about- 50 cents lower for
the day and there was a similar decline on
wethers and ewes. For hogs, $20 was quoted
as the ruling top price, though one bunch
brought a quarter better. Lambs were in
continued good demand.
Receipts were 1631 cattle, 43 calves, 2378
hogs and 4109 sheep.
The day's sales were as follows:
Wt Price.l
9 steers. .1114 11 1. "II 41 steers. .
10 steers.. 1109 13. io: 10 steers . .
20 cows ... 242 11.501 8 steers. .
2S steers.. 12T 12.50129 steers. .
1 190 12.r.0'20 cows. . .
llfiO 12.50il." cows
llx.T 12.50 20 cows. . .
1070 12.75' 1 bull
1121 12.0rt'7G lambs. .
li)40 ll.fio'14 lambs. .
972 1 1.00' 13 lambs. .
1110 11.00 248 ewes..
1133 10.75:20 hogs. . .
972 lO.Go'25 steers. .
805 10.50:12 steers. .
890 10 01 steers. .
804 lo.oo! 2 steers..
1002 1O.00! 1 steer. ..
990 9.5DI 3 steers..
KH5 9.251 1 steer...
1075 9.2.1! 2 steers..
OOS 0.0017 steers. .
94 9.0OI 1 Bteer. . .
fcS3 8.25 15 steers. .
1530 SCO 12 cows...
145.-5 7.50113 cows
)0 7.501 1 cow
825 7.25131 mixed .
11) 19.75t 5 mixed. .
213 19.75:35 mixed . .
2"1 2O.0OI 6 calves. .
184 20.00'S7 hogs. . .
198 20.OOi92 hogs
197 20.001 9 hogs. . .
153 1S.C0I3S hogs. . .
215 19.501 8 hogs. ..
162 1S.2.V47 hogs. ..
132 17.75 42 hogs. ..
143 17.751 1 hog
115 17.751 5 hogs. . .
20 steers .
26 steers.
IS steers.
12 steers..
19 steers,
28 steers.
15 steers.
5 cows. .
11 cows. .
7 cows . .
4 steers.
28 steers.
10 steers.
5 cows. .
4 steers.
11 cows. .
1 1 cows . .
13 cows. .
3 cows. .
15 cows. .
1 bull. ..
2 bulls. .
1 COW . . .
28 cows. . .
10 hogs. . .
6 hogs. ..
18 hogs
62 hogs. . .
4S hogs. . .
16 hogs. . .
13 hogs. . .
14 hogs. . .
30 hogs. ..
24 hogs ..
10 hogs
15 hogs. . .
20 hogs. . .
9 wethers
9 wethers
7 wethers
2it5 wethers
20 wethers.
14 wethers
so lambs.
37 ewes . . .
1 yearling
Wt. Price.
756 $11.65
960 16.75
1071 10.25
912 10.011
1157 9.00
937 9.00
M39 8.75
1570 8.50
57 15.00
80 13.00
57 15.00
87 1L75
213 20.00
1040 12.25
9S8 11.25
930 11.00
9S8 11.23
90O 1100
931 11.00
1120 11.0O
1045 13. OO
953 9.00
feeder steers, $11 14. So; stocker steers,
$8tfl3; stocker and calves, $812.
Sheep Receipts. 7000; lnuibs 1525c
higher. Sheep and yearlings steady. Lambs
84 pounds down. $ 13.85fl4.50; lambs 85
pounds up, $12.7514; lambs, culls and com
mon, $913. Spring lambs, medium, $17.50
18.05; yearling wethers. $12&13; ewes. $9.75
W10.50; ewes, culls and rommon, 69.i5.
Seattle Livestock Market.
SEATTLE, May 26. Hogs Receipts. 1041.
Steady. Prime. $20.50 & 20.60: medium to
choice, $20. 25 20.4O; rough heavies, $18,259
18.75; pigs, $18.2519.75.
Cattle Receipts, lo. Steady and listless.
Best steers, $11.50'913.50; medium to choice,
$ 10.5013 11; common to good, $710; best
cows and heifers, fR?fl2: common to good,
$507.50; bulls, 16.1111; calves, $7ia.
NORTH BEND SEES BIG CROPS
Rains Assnre Good Pasture; Field Tieid Be-
' ported Normal.
NORTH BEND, Or., May 26. (Special.)
Bumper field and garden crops and green
pasturage for the dairy herds are assured
throughout this section as a result of warm
rains that have prevailed during the vast
two days and soaked the groun.l to a dpth
of several inches. Following weeks of clear,
windy weather, the rali is considered timely
as the gardens and other crops were begin
ning to display the need of moisture.
Reports from various sections of the
county indicate that field crops are wel
advanced and that prospects for a large
production are highly favorable. The fruit
rop is reported about normal. Strawber
ries started ripening last week and are com
manding 25 cents a box In the local market.
ith Indications of the price remaining at
bout this level.
Preparation, for the harvesting ot large
uantltlea of wild blackberries are being
made by the cannery at Myrtle Point, and
as the price offered for the product is far
above that paid during previous seasons it
is believed the amount of berries gathered
111 be several times that of last year.
1030
1280
711
672
780
704
540
720
23
. .20,250
32.271
Idaho,
7793 from California and 372 from Colorado.
SHARP DECLINE IN BERRY PRICES
Market Weakened by Large Receipts From
California.
Strawberry prices declined, owing to the
continued large receipts from California.
Hood Rivers sold at a range of $4.255
Western Oregons opened at $4.25 and closed
at $3.50. Florins brought from $2.50 to $3.25.
The first standard and pony crates of
cantaloupes wer received and sold at $13
and $11. rials in bad order brought $3.
Bulk cherries were lower at 17H20 cents
- a pound.
The potato market was steady at $1.60
VI. 1a for old Oregons and 8Ba cents for
new California.
Three cars of cabbage and two of lettuce
arrived from California. Both lines were
steady. Tomato receipts were two cars from
California, which sold at $3.50. repacked,
and one car from Mexico, quoted at $4.50.
Oairy Produce Holdings Increase.
The monthly report of the bureau of
markets shows cold storage holdings of
creamery Dutter and case eggs on May
15, 1919. as follows: The 314 storages that
reported creamery butter showed total stocks
of 12.4S1.556 pounds. The 30O storages re
porting for May 15 this year and last
showed present holdings of 12,381,381
pounds, compared with 8,090.769 pounds
last year, an increase or 03 per cent. The
412 storages that reported case eggs showed
total stocks of 4.5o5,633 cases. The 407
storages reporting for May 15 this year and
last snow present holdings of 4.546,929
cases compared with 4,174.720 cases last
year, an increase or 8.9 per cent.
large Decrease in Wheat Visible.
The American wheat visible supply com
pares as follows:
Bushels
May 2, 1919... 27.615.000
May 27. 191 1.633.000
May 2S. 1917 26.478.000
May 29, 1916 44.801.000
June 1, 1915 19,082,000
The corn' visible decreased
bushels and the oats visible decreased 2,446,-
000 bushels. -
Deereas
6.121.OO0
33.00(1
3.695.000
537.0O0
2.245.000
1.071,000
Egg Market Opens Steady.
The egg market opened steady and nn
changed. Three hundred cases, went into
SAN FRANCISCO PRODUCE MARKET
Prices Current on Eggs, Vegetables, Fresh
Fruits, Etc., at Bay City.
RAN FRANCISCO, May 26. Butter, 59HC.
Eggs Fresh extras. 51c; first, 50ic
fresh extra pullets, 481.bc.
Cheese New firsts, 30c; young Americas,
34c.
Poultry Hens, 30,tf38c; roosters, young.
45 50c; old, 20Si24c: fryers. 4042c
broilers, 34crt36c; for small, 30 38c; large
size, 3538(1 lb; squabs, $3rf3.50 dozen
pigeons. $2.25 & 3.
Vegetables Asparagus, graded. B'n'c id
egg plant. 25ft 30e lb; peppers, bell, 254r35c
lb large, and 20c lor small; cnile. ziafU'Auc
summer squash, $1.1 5fuj 1.25 crate or box
tomatoes. $4'n4.0 crate,- No. 1 Mexican
ettuce, 75c&$1.2o crate; potatoes, new, $4
&5 cental: sweet, $G?SG.50; onions, Ber
muda. $3.75f4: crystal wax and yellow
$3.5U3.75 crate; green, $l.i5u2 box; rhu
barb and strawberries, $1.351.75 box
green peas,' bay No. 1, eoc lb; do. No. 2,
4(ff5c: do, Malf Moon Bay, 7'f'8c; cu
cumbers. $22.25 box; spinach. 75cQ?1.25
crate, string beans. Kentucky Wonder, 13$l
15c lb: wax, 12i13c; pole, 12ff?13c; carrots,
$4?4.50 sk ; green okra, 3035c lb; greei
corn, 20 25c dozen.
Fruit Lemons, $3.50v4.5O box: valencl
oranges, $4.75W5; grape fruit, S3.50&4.50
box, fancy; tangerines, $2.50&'3.50 box
bananas, 798c per lb; pineapples, $3W
dozen, small. $50 large: apples, Newtow
pippins, IX.Jtt'nA box; loquats, 6fSc lb
peaches, $2 42.25 crate; figs, $2l&2.25 box
for Mission and Brunswick: white, $l-75tfi2
strawberries. $10(?rl4 -according grade
crated berries, $2&'2. 25 crate; raspberries,
$3 crate; blackberries, $2.503 crate
cherries, bulk, black, lOWVJVic lb; white,
SlOc; apricots, $2.502.i5 crate; goose
berries, $10fll chest; cantaloupes, stand
ard crate. $10 S 12.50.
Receipts Flour, 4200 quarters; barle;
5581 centals: beans, 1195 sacks; potatoe:
2084 sacks; onions, 529 sacks: hay, 275 tons,
hides, 232; wine. 22.150 gallons.
Dulnth Linseed Market.
DT-T.TTTH. May 2. Linseed. 4 22"?4C7.
9. 60
9. fill
7.00
7.00
6.00
8.25
8 O0
7.00
11.00
19 20.OO
182 19.75
215 19.75
194 19.73
250 19.75
20S 19.75
4S0 19.75
220 18.75
142 18 75
29S 18.00
330 17.73
127 17.73
1:10 17.7
410 17.75
430 17.75
74 15.00
8 15. 0O
81 15.00
1 12.00
57 12.0O
136 6.00
190 20.2
PERMITS TO BE REQUIRED
RAILROAD ADMINISTRATION
PLANS GRAIN MOVEMENT.
Preparations for Handling Record-
Breaking Cereal Crops in
Coming Season.
243 19.001 6 hogs
135 8.001 1 hog. .
94 9 00;i0 hogs. ..
101 BOOl 1 hog
80 S.OOt 1 hog
92 9.001 6 hogs. ..
115 10.50'47 lambs. .
C.8 15 (1(11124 lambs.
125 9.O0I4O lambs. .
90 10.0OI40 lambs. .
4 steers. . 1183 1 2.25! 13 lambs. .
8 steers.. 916 12.001 7 ewes...
7 steers.. 1214 11.65:56 hogs. . .
Prices quoted at the local yards follow
Cattle
Best steers
Good to choice steers...,
Medium to choice steers.......
Fair to good steers. ...........
Common to fair steers
ood to choio cows, heifers. . .
Medium to good cows, heifers.
air to medium cows, heifers.
Canners
Bulls
Calves
Storkers and feeders 7.00alo.oo
Hosts
Prims mixed i.. 19.5020.oo
Medium mixed 19.00 a 19.50
tough heavies 18:00rrt 18.75
Pigs 17.75 418.
Sheet)
Prime spring lambs..' 14.00015.00
Fair to medium lambs.... 1 J.noitt l.t.2.ri
earlings lo.r.o w 11...0
Wethera 8.75ir 9.7
Ewes i.wjfiu.iu
, .$12.5013.00
. . 10.5O (a 1 l.OO
. . 9.50 10.50
Sl.Olifti 9.50
8.11(1' 9. '10
10.10t 1 l.OO
t..MI'4 7.50
4 50 "in 5.50
30H4S 4.0II
6.00(j 8.00
tl.OlK.l'J.itU
STATE ORIGIJfS OF LIVESTOCK LOADED
Shipments to the Leading Markets of the
Pacific Northwest,
State origins of livestock ' loaded May
24-25. 1919:
For Portland
Cattle. Horses.Mlxed
Calves. Hogs.Sheep.Mules.btock
California 2
Idaho H
Oregon 10
Washington ... a
Totals 20
Week ago 8
Four weeks ago o.t
Year aao 18
For other markets
For Seattle 6 3
Totals U. S.. . . .2855 2030
Week ago '. 8336 193.T
Four weeks ago. .1817. 2319
Year ago ...... 2539 1 723
9 10
1
9 ' 11
12 15 ....
10 S . ....
12 .... .
562 112
670 113
889 173
700 110
643
534
til
375
Chicago Livestock Market.
CHICAOO. May 26. United States bureau
of markets.) Hogs Receipts. 46.000; fairly
active, mostly 20 to 25c lower than Satur
day's average. Karly top. $20.55; bulk
$20.20 & 20. 40 ; heavyweight. $20.:;o2l.4
edium weight, $20.1.i a 20.40 : lightweight,
$ 19.75 s 20.4O; light light. $19020.15; heavy
packing sows, smooth. $ 19..1U wc 19. . ; pack
ing sows, rousn. j (a iif.o'i ; pigs. in.jnfiw.
Cattle Receipts, 1S.00O; early sales
beef cattle and butcher cattle steady
packers bidding mostly lower. Calves and
feeders steady; beef steers medium and
heavyweight, choice and prime. $l5.90gjl
18.25; mediunt and good. $13. 40 16.15 ; com
mou. $11.5i13.6;: lightweight, good an
choice, $13. 85eg 16.25; common and medium
$to.50fi.l4; butcher cattle, heifers, $S.-.
14.75; cows. $8.1014.00; canners and cut
tars. $6.4(i(S8.1o. Veal calves, light an
handy weight. $1516.50; feeder steers.
$10.25314.75; stocker steers. $8.25I 13.50,
blieep Receipts. 1 2.000 ; early sales or
lambs and yearlings fully 25c higher. Kwes
dull: lambs. 84 pounds down. $13.5015.50
85 pounds up, $1315.35; culls and common.
$0.50313; Springs. $17.2519.25: yearling
wethers, $1 1.25y 13.25 ; ewes, medium, good
and choice, $9.75 g$ 11; culls and common,
$4.50 9.00.
CORN DEVELOPS STRENGTH!
BIG DECREASE IX VISIBLE IN
DICATES SQtEEZE.
Prices at Close Are Nervous, Biit
Sharply Higher Oats Also
Advances.
CHICAGO. May 26. Owing Ur?ly to a
bltr decrefeM of the visible pup ply. total
strength supolanted weakness in the corn
market today. May touched the highest
level yet this season. The eclose was
nervous at lc to 2Hc net advancce. July.
$1.6ft to 1.65; and September. J1.57S
to $1.58. Oats gained Vc to imc In
provisions the outcome varied from 10c de
ccltne to a rise of 67c.
ProFpec m that shorts In corn would suffer
a squeeze attracted much notice toward the
la t of the day In connection with the
shrinkage of the visible supply, a falling off
of 1,011.000 bushels as compared with a
week ago.
Oats were governed chiefly by the changes
In the corn market;
Provisions, although sympathizing with
ho" deccllnes. went upward when grain
advonccd. Stockyard houses bought.
leading futures ranged as follows:
CORN.
-Open. Hlffh. Low.
-S1.61i tl.OoVi I1.GIH
. 1.54 1.58 1.54
OATS.
. .664 ".67 .6fli
.62 ,e4H .62Vi
MKES POKK.
July
Ju!y
tiept.
May
Juiy
Omaha Livestock Market.
OMAHA. May 26. (United States burea
of. raarkem.) Hogs Receipt-, 12.000
market 1 Tug 25c lower. Top, $J0.35 : bulk,
$li.!r 20.3 5; heavyweight. $20.15 a 20. Ho
meditim weight, $20.JO U0.25; ltghtweigh
$ 1 9. me 20, 15 ; heavy packing sows, smooth
$'J0. 05 'g, 20.15 ; packing vows, rough, L'J.75
20; pig. medium, $1 8.25 19.25.
Cattle Keceipts, G.iOO; market beef cat
tle 25340c lower. Veals 25c higher. Stock
era and feeders steady. Beef steers, medium
and heavyweight, choice and prime. $15. 50
37.25; medium and good. $12. 75 15.75; com
mon, $11.2513.50. Light weight, good and
choice, '.. 25(g) 15.50; common and medium,
$9.50ia.50. Butcher cattle, heifers, $8
in. 75; cows, $7.2513.50; canners and cut
ters, cows and heifers. $5.o0i 7.25 ; veal
calves. light and handy-weight. $12gl4;
Walker D. Hines, director-general of rail
roads, has authorized the following:
The railroad administration is giving
careful consideration to the measures neces
sary for the satisfactory transportation of
the anticipated large crops ot grains. The
epartment of agriculture has estimated that
he yield of winter wheat will exceed OOO, -
OO0.0OO bushels. A fair estimate nf the
yield of spring wheat approximates 300,000.-
0O0 bushels. The total yield of wheat this
ear will In all probability exceed the total
of last year by from 300,000.000 to 4m,cmio.-
O00 bushels. No estimate or other grains is.
of course, possible at this time, but. barring
unusual climatic conditions, it can perhaps
be properly expected that the tonnage in
grain that will be produced this year will
exceed that of last year by a considerable
margin.
The stable price fixed last year by the
government on wheat naturally provoked a
desire on the part of the producer to realize
his earnings as quickly as possible, and
since a stable price has again been fixed by
the government for this year's crop, it ta
assumed a similar condition will obtain.
Last year this economical condition, coupled
with more or less disarrangement In ocean
tonnage and consequent disruption In ship
ping, resulted in such an acute situation at
the interior grain markets and at seaports
that it became necessary to Install the so
called ''permit system," which was early
made operative at the ports, and In Septem
ber, 1918, at the principal interior markets.
while ttie permit system at -tne ports is
still in operation, it was suspended a few
months ago at th interior markets, due
to Improved . ocean shipping, and the fact
that the bulk of the grain had been moved.
It is. however, to be expected that the sys
tem will again be inaugurated with the
opening of the new wheat season, and. li
view of that probability, the railroad admin
Istratlon is already preparing the necessary
machinery so that it may be prepared to
act without delay at the proper time. Con
ferences have already been held with rep
reaentatlves of the grain corporation.
As graphically Illustrating the necessity
of regulating tho transportation .of this ton
nage and the results obtained from such
regulation, the following facts are of value
and interesting: For the nine months of the
crop year July 1, 1118, to Alay 1. 191W
there passed through tne Krain-nanaiing
facilities of the country elevators and
mills & total of 8.44(1 236,000 bushels of all
Krai .s, although the Tughest point of grain
storage of all kinds at any one time in
that period was 4NU.uuu.uuu nusneis. rnat .
Is. In nine months the flow of grain was
seven times the quantity which accumulated
in storage at the highest point during that
period.
Tne wheat director is as vitaiiy interested
as the railroad administration that tne 1
grain tonnage shall be bandied with the
least possible friction as between all inter
ests concerned, and Is in entire harmony
with the railroad administration aa to the
plans proposed In that direction.
It Is the Intention to keep the public fully
informed of the plans for the transporta
tion of the enormous grain crop, and through
the co-operation of all interests concerned
It should be possible to meet what other
wise might prove a difficult situation.
Eastern Dairy Produce.
NEW TOR K, May 26. Butter, unsettled
Creamery higher than extras, 57i'57Vsc;
creamery extras, &6Hc; firsts, 54r56c.
Egps, Irregular; fresh gathered extras,
48a'049c; fresh gathered firsts, northern
section, 44 & 45 c ; ditto, southern section,
44 45c.
C'heese, steady; state current make spe
cial, 32 & 32 He; ditto, average run, 31Vi32c
CHICAGO, May 26. Butter, lower; cream
ery, 50o55c.
Eggs, unsettled. Receipts, 32,550 cases;
firsts, 41?421i; ordinary firsts, 4lfi42c;
at mark, cases Included, 41 42 e ; storage
packed firsts, 43 'a 43 He ; extras, 44c.
Poultry, alive, steady. Fowls, 33 ',jc.
Close.
$l.5
157 7
.67 S
.04 U
53.(0
46.82
LIBERTY BONDS
IF TO! Ml ST Y1rR LIBERTY BONDS, SELL TO FS.
lFlOl (AN BIV MOKK LI I IKK TV BONDS, RIV FROM lis.
On Saturday, May 24. the closing iS'ew York market prices were as given below.
These are the isoveming price for Liberty liomis all eer the w-rld. and the highest.
We advertise these prices dally In order that you may always know ta New York
market and the exact value of your Liberty Bond.
;;S 1st 4s 2d 4h lst41a 2d4s 3d4s 4th 4 n
Market prices 94 AS 95.55 94.70 15.70 95. o 95.70 95.12
Pius Interest 1.56 1.78 .11 .12 .S3 .47
Total 101.04 97.33 H4.S1 97.59 95.12 96 53, 95.59
When buying we deduct 37c on $50 and $2.50 on $1000 bond.
W sell at New York market, plus accrued Interest.
MORRIS BROTHERS, Inc.
THE PREMIER MOICII'AL. BOND HOV8E.
.109-11 Mark btreet. Between iUth and Sixth Streets.
Telephone: Broadway :M51. Established Over 25 Tears.
July
Sept.
July ....
sept.
31.15
30.70
2T 22
26.S&
No. 4
.47.45 4S.82 47.45
LARD.
.S0.4S 31.25 80.45
.30.12 80.75 30.10
SHORT RIBS.
.26.80 27.40 2S.55
..26.20 26.85 2d 15
Cash prices wers:
Corn No. 3 yellow. 11.78ei.7SW
yellow, nominal; Xo. 5 yellow, nominal.
oats rvo. 3 white. eSirGSc: standard.
6S is 69 H c.
y No 2. tl. 4691.47.
Barley tl.l21.23.
Timothy f312.
Clover Nominal
Pork Nominal.
I .a rd :2.fi.".
Ribs '7.75'fi 2S.75.
Minneapolis Grain Market.
MINNEAPOLIS. May 26. Barley. 1191.11
Flax. 4.204.22.
Grain at San Francisco.
BAN FRANCISCO. May 26, Flour. 112.70.
Grain Wheat. J2.20: oats, red feed. 12.20
f2.40; corn, California yellow, 13.159S.40:
barley. No. 1 feed, 12.57 4 0 2.G2 .
Rye Wheat or wheat and oats. 11601;
tame oat, 117019; barley. 111 14: alfalfa.
tl5;19; barley straw, &0$S0c bale.
New York Sugar Market.
NEW TORK. May 20. Raw sucar. steadv.
Centrifusjal, 7.28c; refined, eteady; cut loaf.
iii.ouc; crusnea, lo.soc; mould A. 9 Mic;
cubes, 8.75c; XXXX powdered, 9.20c: pow.
dered. 9.15c: fine icranulated and diamond
A. 9 11ft': Cfinfvtloneri A, HflOr; No. 1. a far,,..
Naral Stores.
SAVANNAH. May 2G. Turpentine, firm
SleSlc; sales. Z3'2 barrels; receipts 33
barrels; shipments, 49 -barrels; stock, 64 14
barrels.
Rosin, steady; sales. 340 barrels; receipts.
7l Darren; shipments. li'J barrels: stock,
o5,C19 barrels. Quote: B " $10.4Oi 10.45: T.
$10.55; E. $10. 55 to 10.60; F, $10.70; O. 1 0 f.O
ft10.TO; H, $10.75f 10.fS5: I, $ 1 0.95 & 1 1.00 ; N,
fi.ou; wo, j t: w vv . $ia.iu.
Cotton Market, .
N r; w TORK, May 26. Spot cotton, steady.
iw in aims, H4.
FACTS NO- 4M.
TWELVE
STATES
Just think of It. twelve states have
either voted road bonds or are con
templating bond issues totalling
$535,000,000 over one-half billion
dollars. There is no better evi
dence of the widespread Interest
in this forsn of development, and
the roads to be constructed are in
line with modern traffic conditions,
or, in other words, they should be
paved with
BITULITHIC
WARRE.V BROTHERS COMPANY,
Journal Baildlns;,
Portland, Orl k
VlNATlONAl CITY BAN"!
BUILDING "JT
Thousands of calls are made every day by
our bond men to serve investors who can
not conveniently call at one of our nation
' wide system of fifty correspondent offices.
A telephone call brings one of our bond
men to you. . .
The National City Company
Portland : 1 Railway Exchange Building
Telephone Main 6095
Bonds
Short Term Notes
Acceptances
CLARK, KENDALL S CO.
GsTFriMit, Municipal stud
Corporation Bonds.
Corner Fifth asd Stark
Streets.
SIX PER CENT NET
Exempt from, all Federal
xes
Income Tax
local taxes.
and from
tVe offer the unsold bal
ance of the
Warm Springs
Municipal Irrigation
District
6 Per Cent Gold Bonds
and recommend them as a
safe and attractive
. investment.
CANADIAN BONDS
To Yield 6 Interest
You will find these Canadian Municipal" Bonds
, very desirable for investment purposes. We recom
mend them highly to those interested in making safe
and profitable investments. These Bonds are exempt
from all Dominion Government taxes and are offered
to yield 6 interest.
MAKE YOUR SELECTION NOW
22.000
1S.000
23.750
15.000
99,000
2S7
941
212
271
21.000
91.000
11.000
2,000
Rate
Calgjary. City of. Alta.. School
Calgary. City of. Alta., School 4Va
tCalgnry. City of, Alta., School 4i
Calgary. City of. Alta., School 4Vi
Edmonton, City of. Gold Notes S
tEdmonton, City of 6
tEdmonton, City of 5
. 1 .U llllf IllULI, Vll) .......... o
tEdmonton. City of 5
Greater Winnipeg Water Dist
Greater Winnipeg Water rist.
Greater Winnipeg Water Dist
Maturity
Feb. 1922
Feb. 1924
Feb. 1926
Feb. 192S
F.&Xr 1924
J.&J. 1922
5
5
5
6
J.&J.
J.&J.
J.&J.
J.&J.
J.AJ.
J &P.
1927
1927
1927
1921
1922
1923
F.&A.1923
Price Tld.
96.36 6 00
93.97 S.00
91.86 6.00
9.93 6.00
100.00 6.00
100.00 6.00
93.98
93.98
93 98
98.07
97.22
96.49
100.00
6.00
6.00
6.00
6.00
6.00
6.00
6.00
HALL & COMPANY
BUT AND SELL
Railroad
Public Utility
Industrial
Municipal
BONDS
YIELDING
5 to 7
Foreign Government Loans
Local Securities
Preferred Stocks
Lewis Bldg., Portland, Or.
LIBERTY BONDS
IT VOr MVJT SKLI. YOm ttUFHTT BONDS. SKI. I. TO rS
IF YOU CAN BIV MOKE L1B1.KTV BONUS. BC1 FROM IS
On Monday. May 21. th rloslnr Nw York tnirktl prices wpr( as rlvn
ItHow. Thfy are th govmln; prlc- for I-iborty Bonds sll ovr tfc world,
snd the htirhst. W advrtin thrse prices daily In ordr that you may
aiwsys know the New York markrt and the exact value or your Liberty Hond.
3-s 1st 4s S14 IjMS j :dC 3d 4 s 4th4s
Market prices t9 50 lis CO 0.7 9S SO 95. 21 P5l 95
Accrued interest 1.58 1. SO .13 1.91 .14 . .50
Total 101 OS 97. 40 94. S 97.71 95.84 ! AA B5.S2
When, buying we deduct 87c on a M) bond snd $2.50 on a siooo bond. We
sell at the New York market plus the accrued Interest.
Burglar and Fireproof Safe Deposit Vaults.
Safe Deposit Boars for Kent.
MORRIS BROS., Inc.
THE PREMIKR Ml'XICIPAl. RAMI HOI SK,
StnV-11 Stark Street. Between Fifth and Sixth, (.rnnnd Floor.
Telephone! Brondtssy 2151. F.siablinhed Over . Years.
Wa asm arts' sfTsr, sobfsot s prior as
$100,000
Burnaby , British Columbia
Short Term 6 Gold Bonds
DATED April 15, 1919 DUE December 31, 1924
Principal snd Saml-anmiaJ Inters (Juna SO and Daesntbar 31 ) paTatole In Unites
latas saM coin si Ins Bank sf Montreal, Naw Vsrk OKr. osnom I nations. SSOO 1000.
FINANCIAL STATCMENT
Actus! talus, omclal estimate .
Assesses sslustlon. 1 1
Lass exemptions
Total Bonoes Debt for sll purposes, Inctadlnf this Issue..
Deduct Water Bonds
School Bonds ............
Slnklns Fund . ........... .
.ii.88.ee r
. 1.0S1.S16
662.900
9O0.S0O
1S4.SS8.1S
.331,716 .61
S0,1T4,S4S
. t,4,1B
1.1SS.1S.1S
pf RT r ImproTement Bonds
L
.1.0S5.P3.7 "
400.000.00
.. . 1,436,883. ST
$3,590,989
Area 22,400 Acre
s
HEADQUARTERS
for
LIBERTY BONDS
We BUT AND SELL any
amount. Krw York quota
tions by wire every morn
ing. Yesterday's quota
tions, Interest included:-
3Ka. .101.10
FTRST 4s. 97.29
SECOND 4s.. 94.92
FIRST Us.. 97.71
SECOND 4.. 95.4
THIRD 4's.. 96.71
FOURTH 4Hs.. 95.SS
If necessary to sell your bonds,
briiiK them to us. Wi pay
highest local prices.
ROBERTSON &EWING
20T-8 JV. W. Bank Bids.
Crank Robertson II. C. Enlat
This Issue Fundi ns Bonds
Value of municipal assets
Population 12,500
These bonds wers authorized br a special sot of Wis Legislature of British Columbia
Payable from $80,000 annual sinking fund
Validity of Bonds Incontestable)
Ttisse bonds are Wis direct so mi al tax obligation of Burnaby.
Value of municipal assets nossds 11-3 times ths sroes debt
Tax exempt In Canada
(.againy summed br malone, Malens Lena of Toronto, Canada
Six per cent bonds at 98.85 to yield 6i5
Freeman Smith & Camp Co,
SECOND FLOOR
tORTHWESTERN BANKBUILDINQ
Main 649
reervAss saa rsjurcnea)
Government and Municipal
Bonds
Bought and Sold
fol.nevereaux &(5mpany
87 Sixth Street Blunicipal Bonds Broadway 1042
Ground Floor Wells-Fargo Building
The New Oil
Fields of Texas
PiHsbarf k-Teits Oil saa Gas
Strosiberr Carbaretor Co. of A si erica
Standard Oil Stacks
High Grade Diver stiied lares rserat
Trend of the Stock Market
These subjects, as well as other
financial topics, are covered in
our semi-monthly publication,
"Securities Suggestions'
Sent free upon request.
Ask for 30 "-i-"
R:CMEGARGEL ca
27 Pine Street-Ne&jtork
Are You Interested in the
TEXAS OIL FIELDS?
Let us send you an accurate map of the Burburnett
field and a souvenir telling the romance of the orig
inal oil company.
' IT'S HERE! A POSTAL CARD FROM
YOU WILL BRING IT
J. F. RIGGS, Box 358, Wichita Falls, Texas
J
FREE MAP
lares Map In colors, alio the
STORY OF RANGER
the greatest eaf all oil fields.
V CtBTlS. PACKER CO.
Hr'.a'l St . S'cw Yo-k
J. B. Steinbach & Co.
STOCKS. BOSDS, COTTOS. GRAIV.
201-2-8 Railway Exehanc Bulldtna-
C V. Hattosi at Co.'s Coast - to - Coast
Leased Wire.
Accounts Carried on Coaserratlva
Margins.
Tela. Main 2S.1 . 2S4.
Phone Your Want Ads to THE OREGONIAN
MAIN 7070, A 6095
-r-'-
0