Morning Oregonian. (Portland, Or.) 1861-1937, June 04, 1919, Image 21

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Morning Oregonian., June 04, 1919, Page 21, Image 21

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Newspaper Page TextTIIE 3IORNIXO OREGONIAN, WEDNESDAY, JTJXE 4, 1919. SI PLANS COMPLETE FOR FEDERAL WOOL SALE Government Will Auction 3,100,000 Pounds. Off IS MOSTLY NORTHWESTERN Fir Million bounds Remaining in Hands of Administrator Will Probably Be Sold at Boston. Catalogues have been issued of the government-owned wool to be sold at auction in this city on June 10. The list contains 406 lots of approximately 3,100,000 pounds. A few more lots may be Included in the tale. About L500,000 pounds of all grades of territory wool and 000,000 pounds of California wool will be offered by Charles H. Green, government wool administrator. The sale will be held at 10:30 A. M. at the Columbia Basin warehouse at Twelfth and Davis streets. Samples will be shown on June 7 and June 0 at the Columbia Basin and Portland Wool warehouses. Not including the wool to be offered at the sale, there are about 5,000,000 pounds of government-held wools of the 1018 clip stored In this city. It is not thought likely there will be any later auction sales in Portland, but the remainder of the stock may be disposed of through eastern auc tions. At the Boston sale on May 1:3 3.000, 000 pounds of Portland wools were bought by eastern manufacturers. "Wool men are showing much interest in a sealed-bid sale of the new clip to be held at Condon today. It is estimated that J.000,000 pounds will be put up for sale. SO SESSION OF CALL BOARD Merchants' Exchange Adjourns, Owing to Klectioii. Xo session of the Merchants Exchange was held yesterday, owing to the local and state election. According to a Chicago bul letin. Snow's crop report was considered bearish on everything except corn. Corn planting has been delayed and the acreage is likely to be less than last year. The American visible wheat crop co npares as follows: June 2, 1919 June 3, 191S June 4, 1917 June G. 1010 June S, 1015 June 8, 1914 Bushels. .2;t,70.ooo . l,140.O0' .2S,y.M;,ooo .44.4;:;,ouo .1S.1 OMI .27,537,000 Decrease. a.iua.oon 37,0 no 2.41S.0UO 33H.0O0 2,2o,0U0 three from Canada. Oregon Burbantaa sold at $1.73. Supplies of old Oregon onions are practi cally cleaned up. A car of new California reds came in and they sold at $5.50 8 Per sack. Bank Clearings. Bank- clearings of the northwestern cities yesterday were as follows : Clearings. Portland (holiday) Seattle M $7,128,532 Tacoma 979.74 Spokane 1,507,666 Balances. $i,2558S3 114.737 820,694 I'ORTLAXD MARKET QUOTATIONS Grain, Floor, feed, Etc. No session Merchants' Exchange; elec tion day. WHEAT Government basis, $2.20 per bushel. FLOUR Patents, $11.45 delivered, $11.80 at mill; bakers'. $11 15 11. 30; whole wheat, f 1O.25&.10.4O; graham, S10. 05 9 10.20. MILLFEED Mill run f. o. b. mill, carlots, $37 i 3S per ton, mixed cars. $37.50 & 38. 50 ; inn lots or over, $39U40; less than ton, $40 T4l; rolled barley, $t0&62; rolled oats. $01; ground barley, $tiO. CUU.N Whole, ton, $75; cracked, $77 per ton. HAY Buying prices f. o. b. Portland; Eastern Oregon timothy, 136 37 per ton ; a if al: a. $28; valley grain hay, $26j2S; clover, $20&2S Dairy and Country Produce. BUTTER Cubes, 92-score, 56c; 61 -score, 5'Jc ; 90-score, otic ; prints, parchment 'wrap pers, box lots, 56c; cartons, 57c; half boxes, ic more; less than half boxes, lc more; butt(;rfat. No. 1, 5o50c per pound, station. KGGri Oregon ranch, case count, 44c ; cantllrd. 4Tc; selects, 47c. CHfJESE Tillamook, f. o. b. Tillamook; Triplets, 34c; Young Americas, 35c; Coos and Curry, f. o. b. Myrtle Point, triplets, 33c; Young Americas, 34fcc; longhorns, 34c. POULTRY Hens, 30 32c; broilers, 30 35c ; geese and live turkeys, nominal. VEAL Fancy, 20c per pound. x 1'URK Fancy, 26 c per pound. PRICES BARELY HOLDING LIVESTOCK CONTINUES " AT LOCAIj YARDS. WEAK Aside From Lambs Little I Avail able That Will Bring Top Go in j Quotations. Only a few loads of stock were received yesterday, hut there was considerable held over from the preceding day, and the mar ket was fairly active. Weakness continued the feature of the cattle market and sheep were also easy, although lambs again sold at $15. The hog market was fairly steady. Receipts were 100 cattle. 24 hogs and 84 sheep. The day's sales were as follows: WL Price. I 20 lambs... ;." SI 3.501 Shot 38 lambs 30 lambs. . . 8 94 lambs ... 75 119 lambs. . 70 2 yearlings 135 1 buck.... 110 1 ewe ISO 7 bail 140 1 bull 1O00 1 bull 1070 2 calvse. 175 2 heifers. . 175 TVt. Price. 190 $20 O0 230 19.75 Increase. The visible corn supply increased 51.000 bushels and the oats supply increased 853, 000 bushels. Terminal receipts, in cars, were reported by the Merchants Exchange as follows: Wheat Barley Flour Oats Hay Portland. Tues. 11 Year ago Season to date. 7475 Year ago 3S18 Tacoma. Mon. . 6 Year ago 1 Season to date. 5432 Year ago 0555 Seattle. Mon Year ago 25 Season to date. 5343 Xear ago 4o0 0 3 2 2 4 1102 2759 7t',3 313 4S0 1331 1533 25G5 " 1 " 3 0 46 .... 19! 1227 100 .... 300 1003 " 6 G "h "i 100 1692 598 2557 337 1701 1112 31U1 CROPS IN EUROPE ARE FAVORED Weather Conditions Are Better in Most Conn tries. Cereal crops are doing well in Europe, ac cording to Broomball's cable, which says: United Kingdom It can be said that the weather has generally favored the crops re cently. Outlook is improved, but there can be some complaints of damage by insects. Reports of spring cereals are mostly favor able. France Generally good weather greatly improved crop prospects. The condition of all grains is considered favorable, although short acreage is saill being mentioned. Spain Weather has been altogether fav orable for crops; excessive raina have caused floods. The outlook is still generally good, but better weather is desired to maintain the condition of the wheat crop. Germany Fairly seasonable weather ac cording to Rome reports; crops are consid ered fair. Roumania Reports of agricultural con ditions in this country are very pessimistic. Italy A return of fine weather has fav ored crops. On the whole there have been no complaints regarding the new wheat crop, the condition of which is still average. Russia It has been reported that there are still considerable supplies of grain in the Caucasus and also In Siberia, but the con dition of the country is still very disturbed. Fruits and Vegetables. FRUITS Oranges, $46.25; lemons, $3.75c&G per box; bananas, 8Vs per pound; apples, $5 5.50 per box; grapefruit, $4 9 4.25; strawberries, $3.754.50; cherries, 10 25c per pound; cantaloupes, $7 & 11.50 per crate; apricots, $3 'ft 3.50 per box. VEGETABLES Cabbage, $4.50 per 100 pounds; lettuce, $2.252.50 per crate; pep pers, 30c per pound; artichokes, 90c; cauli i lower, $3.25 ; beets, $2.50 per sack: car rots, $3.50 per sack ; turnftps, $3.25 per rack; cucumbers, $1.50 3 2.25 per dozen; to matoes. $3.25(4.50 box; spinacn, 6c per lb.; peas, 11 'ft 12c per pound; rhubarb. 7Vs8c per pound; asparagus, $22.25 per crate. P O T A T O E S Oregon Burbanks. best. $1.75; new California, 73-iSh8c per pound. ONIONS White, $4.75 per crate; red, 5Vs 0c per pound. Staple Groceries. Local Jobbing quotations: SUGAR Sack basis. Fruit or berry, $9.05; beet, $9.55; Honolulu cane, $9.60; ex tra C, $9.15; powdered in barrels, $10.25; cubes in barrels, $10.45. J NUTS Walnuts, 2735c; Brazil nuts. 85c; filberts, 2ac; almonds, 24 r& 30c peanuts, 11 (if 15c. w SALT Half-ground 100a, $16 per ton; 50s, $17.25 per ton; da'ry, $5 per ton. RICE Japan style, Oc; blue rose, 10c head, 12c per pound. BEANS Buying price, large white, 5 5V-c per pound; red, 4c per pound. COFFEil Roasted, in drums, 30 42c. Provisions. Local jobbing Quotations: HAMS All sizes, choice. 414 42c: stand ard, 41c; skinned, 35 30c; picnic, 29c; cot tage roll, 30c. LARD Tierce basis, 35c; compound, 20o per pound. DRY SALT Short, clear backs, 29(3 34c; plates, 20'ri2Sc; exports, 31c BACON Fancy, 53&55c; standard, 46 49c; choice, 37 42c. Hops, Mohair, Etc. HOPS Oregon, 1918 crop, 45c; 1917 crop, 27i'2Sc; 1910 crop, 15fa)17c per pound; three year contracts, 30c, 2&c, 25c. WOOL Eastern Oregon and Washington, 40 5 57c per pound; valley, 40ouc per pound. MOHAIR 1918 clip, 55c per pound. TALLOW No. 1, b'ic per pound; No. 2 O'c per pound; grease No. 1, 0Vic; No. 2, 51-0C per pound. CASCAHA BARK New, 10c per pound. GRAIN BAUS In carlots. 13c. Hides and Felts. HIDES No. 1 salt-cured hides. 30 lbs. and ud. 20c: No. 1 Dart-cured hides. 80 lbs. and up, lhic; No. 1 green hides, 30 lbs. and up, lie; No. 1 salt-cured bull hides, 50 lbs. and up, 14c; No. 1 part-cured bull hides. 60 lbs. and up, 11c. The price on No. 2 hides will be lc 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 skins, 15 to 25 lbs.. 23c; dry flint hides, 1 lbs. and up, 30c drv flint calf hides, under 7 lbs.. 4c: dry salt hides, 7 lbs. and up, 24c; dry salt calf hides, under 7 lbs., 34c; dry flint stag or bull hides, 20c; dry salt bull hides, 14c; dry bull mues ana tKins, nan price; ury noree hk'cs, according to size and quality, each, $l..o 3 ; salt horse hides, skinned to hoof and head on, $3 iG; horse hides with heads olf. 50c leys. PE irs Dry long-wool sheep pelts, per lb., ll.t'u Sac; nry meuium wool sneep peirs, per lb., 20 T 30c; dry shearling sheep pelts, each, 30 'U 75c; s-alted Ions wool sheep pelts, each, $215; salted medium wool sheep pelts, each, $12; salted shearling sheep pelts, each, 5U&75C. SAX FRANCISCO PRODUCE MARKET 'rices Current on Eggs, Vegetables, Fresh Fruits, Etc., at Bay City. SAN FRANCISCO, June 3. Butter, 57c. Egg. BCTTER WILT- DROP AGAIN TO DAI Another Two-cent Decline In Points Is An nounced. There will be another 2-cent decline this morning In the price of butter in prints to the 56-cent basis for box lots. The buying price of butter fat will be reduced 2 cents to 5556 cents at stations. Cube butter was quiet yesterday and weak at 56 cents for 92-score and 50 cents for 91 and 90-score. Storage holdings increased S4.582 pounds to a total of 521,317 pounds. Street stocks were 1379 cubes and 252 boxes, compared with 1644 cubes and 373 boxes a week ago. Receipts on Monday were: Pounds. California 4.31G Idaho 235 Oregon 13.52 Washington 2.340 49c; fresh extra pul- firsts, 30c; Young Americas, 14.001 1 hoe. . 14.00I 1 hog ISO 19.25 14 501 3 hors 200. 19.25 15.001 1 hog 240 19.23 12.00 4 hots 1!H 19 25 8.MM 7 hogs 210 19.25 8 501 5hogs 135 19.25 7.0OI 3 hogs 240 19.23 7.00! 1 hog 20 19.25 7.001 3 hogs 223 19.25 7.00 7 hogs 201 19.00 12.751 S hoes 205 19.0O 1 Cow 990 6.00! 3 hogs 335 19 00 2 cows.... 910 .no 2 hogs 240 3J.O0 cows. . . .lrMO n.S'Vifs hogs urn 5 cows. . . . 430 6.50 1 hogs . 220 - 18. 7.1 Scows . K0 7.00i 7 hoes..... 220 18.75 4 cows.... 645 7.SOI12 hogs 173 1S.7-" 1 cow 750 7.50! 9 hogs 20O 18.7.n 1 cow 650 7.50! 1 hot 370 18 7." 1 cow 790 7.50'13 hogs 235 18.75 2cowa.... 750 8.00) S hoga 160 18.50 1 cow S90 8.50I 1 hog 310 13.25 2 cows. . . . 945 8.751 1 hog 310 18.00 1 cow 1260 9.00:24 hogs 7 17.25 2 cows 1015 9 OOf 1 hoe 31f 17.00 10 steers. . .1095. 9.501 1 hog- 3,V 17.0O 4 steers... 20 7.501 1 hog 450 16.50 1 steer.... 950 7.301 1 hog 1 0 19.25 2 steers I005 8.0O! 1 her 100 17.23 14 steers... 9R0 8.601 2 bulls . 915 6.50 1 steer 1060 lO.OOf 4 calves.... 135 13.00 2 steers 07O lO.OOf 3 calves.... 283 U.00 7 steers. . .1080 10.501 Prices quoted at the local yards follow: Cattle- Best steers $11,00112.00 Good to choice steers...., 10.5O?11.00 Medium to choice steers 10.0010.50 frair to aood steers 8 7.2i 9. 1 5 Common to fair steers 7.75 ( 8.75 Good to choice cows, heifers... 9.50'a10.25 Medium to good cows, heifers.. 6.50 7.5a frslr to medium cows, heifers.. 4.50O 5.51 Canners ........ . n oou 4 OS Bulls 6.00 8.50 Calvee 9.00 'a 13.00 Etockers and feeders 7.00 u 10.09 Hobs Prijne mixed 19.25fM9.50 Medium mixed 19.0019.25 Rough heavies Is.00i9l4.75 Pigs 17.751.23 Sheep Prime spring Iambs. ........... 14.00 3 1 5.00 Fair to medium lambs 9.OO10 OO Yearlings 8.50 Wothera 7.00 8.50 Ewes 6.00 Ht 7.C0 STATE ORIGINS OF LIVESTOCK LOADED Shipments to the Leading Markets of the Pacific Northwest. State origins of livestock loaded June 3. 1919: For Portland may have reflected the higher rates for call 1 Union Pacific 5.20A money. September declined to 18.90c, and 1 Lnlt Cig Stores. 9.3oO March to 18.19c. with the market closing at a j U S Ind Alcohol 13.9O0 net advance of 2 points on August, but gen erally 2 to 14 point lower. July. 19.20c, Sep tember, 18.88c; October. 18.71c; December, IS 3Sc; January, lS.28c; March. 18.16c; May, 17.98c. Spot coffee dull; Rio, 7s 1934c; Santos 4s 24 fcc nominal. Metal Market. NEW YORK, June 3. Copper firm. Electrolytic, spot and July, 16 4c; August, 17a asked. Iron, firm. No. 1 Northern, $29.50; No. 3 Northern. $28; No. 1 Southern, not Quoted; No. 2 Southern, $28. Metal exchange quotes lead easy. Spat, 5.12i.s & 5.20c; July, 5.15& 3.25C- Spelter easy. Spot offered at 6.15c; July, 6.05 fetf. 20c STOCK MARKET GIVES WAY PRICES AFFECTED BY BEAR SELLING AND REALIZING. U S Steel do xttd Utah Copper . . . Western Union. Westing Electric 24.600 Willys-Overland 40.loo Royal Dutch ... 5. loo 219.0OO 5.400 1SSU 133 135S 132fe 164 W 133 1U9- 106 Vi '82 " "SOH 'H "66 4 404 3TH 116 W 115V 133S 133 156 4 11 SO V 92 57 S7S BONDS. TJ 8 Lib 8s. .. .99.40'U S 4s cou 106' do" 1st 4s 03.10 Am TATcv 6s.103i do 2d 4s 94.32 Atch gen 4s h2 do 1st 4s 95.52 D A R O ref 6s..56S 94.8S.N y Cent deb 6s.lOOi do Sd 4Hs. .. .95.50 North Pac4s.... 82V do 4th 4 . . . .94.92N'orth Pac 3 60 do Vic 4 s. . .100.02I Pac T T 6s. . . do Vic S V 100. OO Penn con 4m. . 95 U 0 ref 2s reg. . W iSouth Pao cv 6s.llov do ref 2s cou. uo con aa reg. do con 8s cou.. Kit do 4s reg. . . .106 South Ry 6s 95 Union Pac 4s.... 86 U 8 Steel 5s lOOS Anglo-French 5s. 87 Boston Mining; Stocks. BOSTON, June S. Closing quotations: Cattle. Horses. Mixed Calves. Hogs. Sheep. Mules. Stk. California 2 Oregon 15 8 16 ... 5 Washington.... 1 Totals Portland lO 8 16 ... 5 One week ago.. 15 4 ,8 . . . 4 Four weeks ago 23 5 3 ... 2 One year ago. 5 4 6 3 For other markets Seattle 11 8 8 ... 2 Spokane 5 1 Totals U. S 2S07 3024 770 5ft 619 One week ago. .3210 2447 673 75 703 Four weeks ago 33:48 2198 7ST 87 682 One year ago..2hrtS 1343 653 151 477 Mony Situation Is Also Factor De cline Checked by Aggressive Op erations of Strong Pools. NEW YORK, June 3. The speculative fabric, which professional interests have for weeks been weaving on the stock ex change was virtuafly torn to shreds today In a session which bordered on semi-demoralization at the close and during which more than 2.000,000 shares, changed hands. Illustrative of the violent fluctuations was the .movement in American Woolen, which after rising 19 points to 130, crumbled under forced selling to 110. Opening irregularly the market soon re lapsed to the extent of 5 to 6 points in certain Issues as the result of active realis ing, professional selling and apprehension as to the money outlook. The downward movement was subsequently checked through the aggressive operations of strong pools. On the rebound there were recoveries ranging up to ten points in various special ties. Standard rails were under rather constant pressure throughout the session. Later the money situation became the dominant factory, call loans rising to 11 per cent, which brought a deluge of stocks on the market, both for the long and short account, under which prices gave way in precipitate fashion. Foremost In the slump were Mexican Pe troleum, Studcbaker, American International Corporation, United States Alcohol. Atlantic Gulf & West Indies and General Motors. United States Steel broke from 109 7- to 100 4. Sales amounted to 2.2OU.000 shares. Bunds also showed reactionary tendencies, with the liberty Issues Included as welL Total sales (par value) aggregated $14,00O, 000. Old United States bonds were un changed on call. CLOaiNO STOCK QUOTATIONS. Allouez Ariz. Com. .. Cat. & Aria. L ai. & Hecla. . . .4(o Centennial lo5 i op. Range Con. E. Butte Cop.. . . Franklin Isle Roy. (Cop.). Iake Copper.... Mohawk North Butte.... 89 'Old Dominion... 37 l 3 i Osceola ........ S yuincy 7 superior 8H Sup. BosC Min. 8 47 4 Shannon 3 12 U It'tali Cons 10 4 Winona U 31 A;Wolverine 211 5Granby Cons .... 71 64 Greene Cananea. 42 131 Money, Exchange. Etc NEW YORK, June 3. Mercantile paper, 5 f 5H. Sterling, 60-day bills, $4 5$; commercial, 60-day bills on banks. $4.67 H: commercial, 00-day bills. $4.57; demand. $4.61; cables, $4.62. Francs, demand, 6.38; cables, G.36; guilders, demand. 3S ; cables, 39; lire, de mand, S.12; cables. 8.10. Government bonds easy; railroad bonds Irregular. Time loans strong; 60 days, 90 days and six months, 56 per cent. Call money atrong. High. 11; low. 6; rul ing rate. SVi; closing bid. 10; offered at ; last loan. 10. June 3. Bar silver. 53 Hd per Total 20.943 Cheese receipts Monday were 20, mi pounds from Oregon, 4500 from Washington and 2100 from Montana. GOOD LOCAL MOVEMENT IN EGGS Steady Home Consumption Keeps Jobbing Prices Steady. The demand for ejrga for storage Is not as" active as It was. but there Is a very fair business for local consumption and this is holding the jobbing market steady, candled eggs being quoted at 43 cents and selects at 47 cents. The ln-storag movement yesterday was small at 261 cases, making the total on hand 36,035 cases. Floor stocks were 4395 cases, compared with 3423 cases a week ago. Re ceipts on Monday were 872 cases from Ore gon. 34 from Washington and 6 from Idaho,, a total of 912 cases. On the same day last week receipts were S6 cases. More Butter and Eggs neld. Storage butter holdings in the northwest ern states on May 15 were 452,490 pounds, compared with 209.934 pounds a year before, an Increase of 67.6 per cent. For the en tire United States, holdings on May 15 were 12.3S1.SS1 pounds, as against S. 090, 769 pounds last year, a gain of 53 per cent. Egg holdings in the northwest on May 15 were 94.9S2 cases, against S5.949 last year, an Increase of 10.5 per cent. For the coun try as a whole, stocks are 4.540.929 cases, compared with 4,174.720 cases a year ago, an iicease f S.9 pr cent. resh extras. lets, 43 Cheese New 34c. Poultry Hens. Zl'&SSc: roosters, young. 431i50c; old, 20ft? 24c; broilers, 29 & 31c, small; large. 32tti33c; fryers. 36&3Sc; geese, 35f?3Sc, iquabs, $33.50 dozen. Vegetables Asparagus, graded. 10 11c lb egg plant, 1320c lb.; peppers, bell, 2030c lb large, and 15o for small; chile. 25 & 35c summer pquash. 85c&$l crate or box tomatoes. $3.50'? 4 crate. No. 1 Mexican; let tuce, 73c&$1.25 crate; potatoes, new, $3 3.50 cental; sweet. I0'it6.50; onions, Bermuda, I3.73&4; crystal wax and yellow, $3.50 3.75 crate; green, $1.732 box; rhubarb, $1. 501.75 box; green peas, bay No. 1, 6 a 6c lb.; do. No. 2. 4i5c; do. Half Moon Bay, he; cucumbers, $2i2.25 box; spinach. 75c4p $1.25 crate; string beans. Kentucky Wonder, 1012c lb.; wax, lOillc; pole, 9&llc; car rot?, $4$? 4.60 sk.; green okra, 20 25c lb.; green corn, 30 50c dozen. Fruit Lemons, $3. 00 r,t 4.00 box; Valencia oranges, $4.25 ft 5.50 ; grapefruit, fancy, $4.00 ir3.00 box; tanterir.es. $2.50 ?r 3.50; bananas, NWSVic pound; pineapples, small, $34 per dozen"; large, $3,00 3? 6.0O dozen; apples, New town Pippins. ;;.25: 4.00 box; watermelons. 7 ffi 10c pound : currants $l.i0 (tj I.60 drawer; loguats, 6 i sc pound ; peaches, $1.65 & 2, according to district; figs, $1.50 0 1.75 box; Mission, $1.25 i 1.50. Brunswick and white; strawberries. $1016, according to district; raspberries, $2.50 crate; blackberries, $2.50 2.75 crate; cherries, bulk, black, 1 Of 12 Vic pound; white. 6Sc: apricots. $2.50T2.73 crate; gooseberries:, ti 'j Sc pound; cantaloupes. standard crate, 6S 1. Receipt Flour, 2256 quarters; barley, 56.313 centals; beans, 7473 sacks; onions, 237 sacks; potatoes, 900 Facks; hay, 119 tons; hides, 407; wine, 37,900 gallons. Strawberry Market Strong. The berry market was strong with an ac tive demand and heavy home-grown re ceipts. About 200 crates arrived by ex press. Dollars and Marshalls sold at $3.75 i 4 and a few Clark seedlings brought $4.50. Advices from the pringbrook section are tat this week will see the bulk of the crop marketed. Eastern Dairy Trodnce. NEW YORK, June 3. Butter weak. 19.R1; creamery higher than extras, 54 S 55c ; creamery extras. 53 V. ?? 54c ; firsts. 52(ff 5-lfc ; packing stock current make No. 2. 44V45c. Egcs weak; 6:1.907; fresh gathered extras. 44 h-2 (a 45c ; f resli gathered firsts, northern section. 4040Vic; ditto southern section, 39 !fT40c. Cheeso unsettled, 7S61 ; state whole milk flats current make specials, 32f?32V-c; ditto averaga run. 31 v g 3 1 a4 c ; state whole milk twins current make specials, 32c; ditto aver age run, 31 ii ." 1 c. CHICAGO. June 3. Butter unchanged. Eg ps. lower. Receipts. 56.57S cases; firsts. 3S ui 39 c: ordinary first?, 3 ft 3Sc; at mark. ses lr eluded, (a .t: '-o ; storage pacicea rsts, 41tf411ic; extras, 42c. Poultry, alive, lower; fowls, 31c. irain at San Francisco. SAN FRANCISCO, June 3. Flour, $12.90 f. o. b. warehouse. Grnin Wheat. S2.20; oats, red feed. $2.20 ?2.40; corn. California yellow. $3.15 3.40; barley. No. 1 feed, 191S crop, $2,5032.55. Hay Wheat or wheat and oats, xio-itis; tame oat, $1719; barley, 311414; allalia, $15 19; barley straw, 50S0c bale. Hops. Etc., at New York. NEW YORK. June 3. Hops, firm: state. medium to choice. 191S, 42g'50c; Pacific coast. 191R. 48 & 52c Hides and. woo!, unchanged. Chicago Livestock Market. CHICAGO, June 3. (United States bureau! of markets.) Hogs Receipts, 53,000. Mar ket opened 10 4 15c lower than yesterday's general trade, mostly 15 25c lower. Early top, $20.50; bulk, $20.1020.35; heavyweight. $20.20-20.40; medium weight, $20.10 20.40; lightweight, $19.75 20.40; light light, $18.75 jj.zu.iu; neavy pac King sows, smooth, iv.7o (y-20; packing sows, rough, $19.2519.75; pigs. $18& 18.75. Cattle Receipts. 15,000. Beef and butcher cattle slow, bidding lower; calves, bidding 25 (fi 50c lower; feeders weak. Beef steem. medium and heavyweights, choice and prime, $15'j 16.54) ; medium and good, $1215; com mon, $10.75a 12.10; lightweight, good and choice. $1 2.65 15.25; common and medium, $9.75iiz 12.05; butcher cattle, heifers. $7.25 13; cows, $7 fit 12.75; canners and cutters, $5.75S7; veal calves, light and handy-weight. $141-15; feeder steers, $10 13.25; stocker steers, $7.7512.50. Sheep Receipts. 15,000. Desirable grades steady to strong; others slow. Lambs, 84 pounds down, $13 1S.35; S pounds up, $12.50(3)10.25; culls and common. $912.50: springs. $15,755x19: yearling wethers. $10.50 i.1.25; ewes, medium, good and choice, $9 10.50; culls and common, $4(8.75. Omaha Livestock Market. OMAHA, June 3. Hogs Receipts, 15,500. Market generally 5 10c lower. Top, $20 ; bulk, $19.7519.90; heavyweight, $19.90(&20; medium weight, $10.80 20; lightweight. $19.65'a 19.85; light light. $19019.75; heavy packing sows, smooth. $19.7519.85; pack ing sows, rough, $19.5019.75; pigs, medium, $17. 7518.75. Cattle Receipts, 4200. Market steady. Beef steers, medium and heavyweight, choice and prime, 414 915; medium and good, $12 14.25; common. $10 012.25; lightweight, good and choice. $12.5014.50; common and medium, $912.75; butcher cattle, heifers, $7.2512.25; cows, $712; canners and cut ters, cows and heifers, $5.50f?7; veal calves, light and handy weight, $11.75 13.75; feed er steers, $10 13.25; stocker steers, $7.50 12; stocker calves, 7.5011.50. Sheep Receipts. 3500. Market steady to 25c higher. Lambs. 84 pounds down, $13 50 t? 14; Iambs, 85 pounds up. $12.50013.75; lambs, culls and common, $90'12.5O; spring lambs, medium. $13.25 18.25; yearlings, wethers. $11.50 12.25; ewes, $9010.45; ewes, culls and common, $69. Seattle Livestock Market. SEATTLE, June 8. Hogs Receipts. 853. Steady. Prime. $19.85 & 20 ; medium to choice. $19.6019.75; rough heavies, $17.60 IS: rigs, $17.60fl9. CPttle Receipts. 7B; weaker, nest steers. $11.5011.75; medium to choice. $10.5011; common to good, 'tfio; pest cows ana heifers, Ss6Ml; common to good, $op7.50; bulls, $5 & 7.50; calves, $713. " Coffee Futures Cnsettled. NEW YORK, June 3. The market for coffee futures was rather unsettled today. with early advances followed by reaction in the late trading. The opening was 0 points higher to 12 points lower, but May was the only month that sold below last night's closing bid and the market worked up to ward midday on a little support from bull ish sources or covering. September sold at 19r. and March at IS. 30c, or about 7 to 10 points net higher. This attracted scattered realizing and the market weakened in the late trading under selling which seemed to r-arftv from Wall street and which Am Beet Sugar. American Can.. Am Car & F-Jry Am H &. L. pld. American Loco. Am m &. Rfg. . Am Sugar Heig. Am Sum Tobac Amer Tel & Tel Am Z L 6c Sm . . Anaconda Cop.. Atchison A G ftWISSL Baldwin Loco. . Ualt & Ohio . .. Beth Steel B . .. H & 8 Copper. . Call for I'etrol . .. Canadian i'aclf . Ce n t ra I Lea t h e r Ches A Ohio . . . Chi M & St P.. Chi & N W Chi It I & Pac. Chino Copper . . Colo Fu & Iron. Corn Products. . Crucible Steel . . Cuba Cane Sug. Distill Sec Corn. Erie General Electric General Motors. Gt Nor pfd .... Gt Nor Ore ctfs. Illinois Central. Inspir Copper . . Int M M pfd . . Inter Nickel . . . Inter Paper . . .. K C Southern. .. Kennecott Cop .. Louis & Nash . . Mexican I'etrol. Miami Copper M idvale Steel . .. Missouri Pacific Nevada Copper. N Y Central . . . NYN11&H.. Norf & West . .. Nort h ern 1 ac I f . Pacific Mall Saies. 10.400 3U.SOO 5, loo 2. Jiu 17,500 10.2O0: 0.2OO 3,000 3, 1 OO 7.7H0 IS, 200 9.6O0 0.0UO 40.200 3. t00 44.0OO 14.SOO 9.900 1.30U 65,60 4. '.'Oil ;l,3o 1.000 4,000 -'1. HO 13,000 37,tMJ 8.0o 10.5O0 1.7O0 I.60O 2S..S0U 3. Oho 8.400 300 10. loo H.OHO i.:m)0 10,400 ' 6(H) 8,000 7o! 200 Mio 24.i:oO 9.4MO 1MIO 3,!on 2.900 5.000 3.50O 300 Pan-Am Petrol. O2.oo Pennsylvania . . 2,3o0 Pitts & W Va . . 2.2oo Pittsburg Coal.. 7,) Ray Consol Cop. Reading Rep Ir & Steel.. Shat Ariz Cop. . Sin Oil & Relg Southern Pacil . 194.200 Southern Ry ... 7.100 Studebaker Cor. S0.9N Texas Co 7,400 2.6HO 14,:too 200 Last High. Low. Sale. h7 b.!S b3H 60 574 5S loOVfc K'4V lo4 16 1-6 126 son i y M H2U 80- O04 132 129 120 V 3 10s 108 loS 106 106 U. 19'i 19 1U 71 H 69 Ti C j 102 jB lOO loo 16S 160 160 1"7 102 10214 55 53 Ts 53 H W! 31 31 31 Hl :tli, 31 165 164 164 It'.Vj 9S If.) 67 67 46 45 Vi 45 10:1 j 101 101 30 V- 29 S -9H 40 3 30 3!IV ."2 49 44 G 65 65 lot t0 90 Vfc 36H 34 H 34 H 7f7, 75 V 76 lVa IV.i 3 69 16l!4 3 67 225Vi 215 215 99 98 98 4 47 45 454 lOlVi lOlVa 101Va 5 57 57 122 lis 31!) 2-V 2S14 2S 59 V 56 Vi 50 V. 23 Va 23 V 23 V 37vi 36 36 121 205 190 190 27 27S - 27Vi 54 MV4 51 3:i V 32 32 IS IS IS S2'i MU 82 32 V 31 31 10!) U 3nSU 10SV 99 Vi 9H 9S 38 3S HS 9S 97 Vi 98 47S 47 47V4 37 37 V 37 Vi 3 62 62 22 22 t 22 S! S7V 87 H0V3 S7Va 87 V 15 14 15 65 113 109 109 31 30 30 123 1S low 2S4 273 76 LONDON, ounce. Money. S per cent. Discount rates, short bills, 3 per cent; three-month bills, 8 per cent. CORN CIS TWO GENTS HEAVY ARRIVALS AT CHICAGO ARE TAKEN" CARE OF. Strong Competition Between Indus tries and Shippers Pnts Option . Market Higher. CHICAGO, Jun. Z. Enhancement of valne, in the corn market made further progreM today owing largely to atrong com petition Detween Industries and shipper ine close were nervous lcto 2c net higher, with July fl.Tl to 17X'4 and September io uati guinea He to c Provisions flni.hed uncharged to 5c down. iso'.witnstanutng that arrivals of corn here were araln liberal, the demand was so active that the offerings did not prove at all burdensome. Frost predictions and export demand put some independent firm neM inio oats. Provisions were weakened by a break in tne hog market. Lard, nevertheless, held relatively steady owing to a decrease of warehouse stocks here and to buying sup. jiunm in d, lur export. Leading futures ranged as follows: CORN. Open. Hlsh. Tyiw fl.. .fl.GUi, J1.-1H 1.814 J1.71 . l.SOfc 1.62, 1.69V, 1.61 OATS. . .H'4 . .7H .s4 . .liOH -OSTi .85 : .60S MESS PORK. .61.00 61.20 60.65 60.70 .lS.00 40.20 4S.60 4S.60 LARD. .SS.OO 83.20 82.02 33.07 .3:1.40 32.50 82.2J 32.32 SHORT RIBS. .28.20 28 30 28.02 2S IS .27.70 27 7:! L'T M 7 mt v tin n prices were: Corn No. 3 yellow, $1.7501.77; No. yellow, $1.7501.76; No. 5 yellow, $1.75. oats No. 8 white, 6SSj-9isc; standard. w X W i11 Rye No. 2, $1.58. Earley $1.10 1.20. Timothy $9(12. Clover Nominal. Pork Nominal. Lard $ 33. 50 u 34. Ribs $2Stf2U. Stw Potatoes Declining. Receipts of new potatoes from California in mixea tan were heavy and prices were lower at 188 cents for Garnets and whites. Arrivals of old potatoes were two cars from Oregon ono from WashinEfcpn anil July Sept. July Sept. July . Sept. July Sept. July Sept. City of Portland Bonds Bonds of the City of Portland rank with the best securi ties obtainable anywhere. They are eagerly sought by bond buyers throughout the country because of their safety and desirability. Discriminating investors know that better bonds are not obtainable. We own and offer the following bonds of the City of Portland, Oregon. Make your selection today. $16,000 Portland, City of, Oregon Water.. 1,500 tPortland, City of. Oregon Imp 1,000 fPortland, City of, Oregon Imp 49,000 'Portland, City of, Oregon, A. C. . 1.000 'Portland. Oregon, City Hall 2,000 Maturity. .. 1923 1921-24 . . 1920-24 .. 1925-29 .. 1922 Port of Portland, Oregon 1922 These Bonds Are Exempt From All Income Taxes Yield. Wo 4.80co 4.80 4.70 4.70 4.90C'e Liberty and Victory Bonds - If yoo must sell your Liberty or Victory bonds, sell to in. If you can buy more Liberty or Victory bonds, buy from us. On Tuesday. June 3. the closinc New York market prices were as given below. They are the povtrninc prices for Liberty and Victory bonds all over the world, and the highest- We advertise these prices dally in order that you may always know the New York market and the exact alue of your Liberty and Victory bonds : SHs M'k't pr. .$ 80.40 Ac d lut. . 1.G4 1st 4s $95.10 l.h8 2d 4. 1st 44s 2d 4V4s 3d 4 '4s 4th 4 Us V. 8 V. 4 Vs $94.32 $15.52 $94.K3 $95.50 $94.92 $100.00 $100.03 .21 2.00 .22 .93 .58 .15 .18 Total. .$101.04 $96.93 $94.53 $97.52 $95.10 $86.43 $93.50 $100.15 $100.20 When buying we deduct 37c on a $50 bond and $2.50 on a $1000 bond. TV a sell at the New York market plus the accrued interest. Burglar and Fireproof Safe Deposit Boxes for Rent. MORRIS BROTHERS, Inc. THE FRKMIEK MCMCIPAL BOND HOUSE Kstabnshed Over 23 Veaxs. 309-311 Stark St., Bet. 8th and 6th (ground floor). Telephone Broadway 1151. Minneapolis Grain Market. MINNEAPOLIS. Juno 3. Barley. 1.1: flax. $4 555 4.B7. $1.07 0 We Own and Offer the Unsold Portion of $101,544.90 City of Stockton, Cal. Improvement 6'2 Bonds Denominations $500 $100 $50 S6S.550 MATURITIES $7,100 July 2, 1923 5,100 July 2, 1926 5,800 July 2, 1923 6,450 July 2, 1929 Prices to Yield 5.25 to 5.75 $10,000 July 2, 1920 9,800 July 2, 1921 9,100 July 2, 1922 10,100 July 2, 1923 5,100 July 2, 1924 "Actual valu". estimated Assessed valuation, 1919 . . , Bonded Debt ..70,000,000 52,444,062 700,925 Actual value of district improved, es timated Assessed valuation of dis trict improved, land $344,095 Improvements 220,630 Improvement bonds Population, estimated, 47,500 710,000 564,725 101,544.90 - We Buy and Sell Liberty Bonds, All Issues LUMBERMENS TRUST COMPANY Lumbermens BIdg. Fifth and Stark Sts. Half Million in Capital. Hundred Thousand in Surplus nnm tiniiiliinmiliiiniiiiiiminiitnllimiiiininmmimiinniiniiutiiiinii: I HEADQUARTERS 1 for I LIBERTY BONDS 1 We BUT AND SELL, any I amount. Jim Vorlc quota- I tions by wire every morn- I insc. Yesterday's quota- I tions. Interest Included: 1 3s. .99.97 FIRST 4a.. 97.08 s I SECOND 4s.. 94.46 i FIRST 4Vis.. 97.50 I 1 SECOND 4s.. 94.95 i THIRD 4s.. 96.49 I I FOURTH 414a.. 95.44 VICTORY 4a. .100.18 I If necessary to sell your bonds, I i brlnir them to us. We pay 1 highest local prices. I ROBERTSON &EWING I I 207-8 Pf. W. Bank Bids. 1 I Frank Robertson 11. C. Ewing SiiiijniiiiiTniiiiiiiiiwiitinwinniniiiniitiniiininmuiitiiTmiiinimMwuiiiiniiu J. B. Steinbach & Co. jTOHtS. BOXUS, COTTON, GRAIN. 201-2-3 Railway Exchang. Building. E. F. Hntton A Co.'m Coast - to - Coast Leased Wire. Accounts Carried on MaraTlno. Tela. Main 2S3 ConserratlTO 2KS. Government and Municipal Bonds Bought and Sold I. Devereaux &(5mpany 87 Sixth Street Municipal Bonds Broadway 1042 j Ground Floor Wells-Fargo Building Iried Trnit at W York. NEW YORK, June 3. Evaporated apples, firm. Prunes, firm. Peaches, firm. Cotton Market. .BIT "YORK. June 3. Spot cotton Quiet. Middling, 32.20c. New Tork Sugar Market. NEW TORK. June 3. Raw sugar steady. Centrifugal 7.2?c; fine granulated, 0.00c Duluth T.inseed Market. - DULUTH, June 3. Unseed, (4.49. The Canadian Bank of Commerce COLLECTION BUSINESS Our numerous branches and widespread connec tions enable this Bank to render unusually efficient service in making collections. Portland Branch Fourth and Stark Streets $3,000,000 Globe Grain and Milling Company Incorporated in 1902 under the laws of California 7 Cumulative Preferred Serial Stock Redeemable on maturity dates shown below at 100; prior thereto at 103 Dividends payable on the first day of January, April, July and October Par Value of Shares, $100 Transfers at Company's Office in Los Angeles Tax Exempt ih California EACH SERIES AT REDEMPTION DATE BECOMES AN UNCONDITIONAL CLAIM OR DEBT AGAINST THE COMPANY Capitalization Class Authorized Outstanding Preferred Stock $3,000,000 $3,000,000 Common Stock 5,000,000 4,000,000 BUSINESS: Globe Grain and Milling, and its principal subsidiary, Globe Oil Mills, operate flour mills, feed mills, cottonseed oil mills, cotton gins, grain elevators and 'warehouses, principally in California; also in Oregon, Utah, Washington and Arizona. It manufactures flour and mill products, refined cot tonseed oil, lard substitute, cottonseed meal cake; also deals in grain, rice and beans. NET EARNINGS, after Federal taxes, certified by Messrs. Marwick, Mitchell, Peat & Co., for the pat four fiscal years and Company's statement before Federal taxes for eleven months ending April 30, 1919, are as follows: 1919 (eleven months) $ 834,518.55 1918 981,106.15 1917 1,552,267.24 1916 i 370,499.47 1915 440,757.25 PREFERENCE: Articles of Incorporation, subject to change only with consent of two-thirds outstand ing preferred stock, provide the following protection: Issue, limited to $3,000,000, is preferred both as to assets and earnings. No additional stock having prior or equal rights can be authorized during life of this issue. No mortgage, or other lien, can be placed on the real or personal property of this Company, nor can any property be disposed of that would impair its efficiency as a going concern. No alteration can be made in the rights or preferences of the preferred dock. Company's surplus cannot be reduced below the ratio of $50 surplus for each $100 share of preferred stock outstanding, nor net quick assets below 125 of preferred stock outstanding. No redeemed stock can be reissued. Market value Common Stock over $190 per share, making total market equity over $7,600,000. Dividends have been paid continuously on Common stock since 1903. Serial Redemptions Series A," $200,000, due July 1, 1922 Series F, $200,000, due July 1, 1927 Series B, $200,000, due July 1, 1923 Series G, $200,000, due July 1, 1928 Series C, $200,000, due July 1, 1924 Series H, $200,000, due July 1, 1929 Series D, $200,000, due July 1, 1925 Series I, $200,000, due July 1, 1930 Series E, $200,000, due July 1, 192G Series J, $200,000, due July 1, 1931 Series K, $1,000,000, due July 1, 1932 Messrs. Pillsbury, Madison & Sutro, .San Francisco, . on behalf of the undersigned, will pass upon all proceedings and certify the due and lawful issue of preferred stock. Price 100 and Accrued Dividend Subject to prior sale and change in price without notice. BLYTH, WITTER & CO. UNITED STATES GOVERNMENT, MUNICIPAL AND CORPORATION BONDS 616 ALASKA BUILDING, SEATTLE . Telephone Main 3413 SAN FRANCISCO NEW YORK LOS ANGELES ff