TIIE 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