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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (June 5, 1919)
THE MORXEfG ORKGOXTAX, TTTTrRSDAY, JUXE 5, 1919. 23 BREAK ALL RECORDS hu practlcaJly ceased, and speculation baa come to a stop. Week's Wheat Shipment Liht "Wheat shipments for the past and former weeks were: Week Ending Mar 31. May 24. June 17. S. and Can. 8,7Ji3,000 14. 814,000 5,OOS,0f0 Argentina ... 1,871.000 2.443. U0O 1,3M,0M) Australia ... 2,5j2 000 2,07:1,000 euu.ooO India 230,000 Business Conditions Sound Pacific Coast Section. in BUYING IS CONSERVATIVE indebtedness Is Less Than Last Year and Payments Show Steady Increase. The monthly comparison of merchandis ing' activities by the research, department of the Credit Clearing House shows that pur chasing activity has not increased in the proportion expected in the Pacific coast sec tion during the past month, out it shows a healthy and increasing activity at this time. Buying is fairly conservative, and as pay ments are better than all prior comparative periods and indebtedness less, there is every reason to believe that purchases in this sec tion during the coming fall season will equal or exceed previous records. Pur chases show an increase of 2 per cent over last month but a decrease of 6 per cent from May, 1918, 3 per cent from May, 1917, and 6 per cent from May, 1916. Indebtedness remains stationary with last month but shows a decrease of 3 per cent from May, 1918, 7 per cent from May, 1917, and May, 1918. Payments are 4 per cent better than last month, 10 per cent better than May, 1918, per cent better than May, 1917, and 8 per cent better than May, 1916. While the purchase activity throughout the United States is slightly below that of last year, it has nevertheless shown a marked increase in activity throughout the past spring season over the winter months. The lower indebtedness and splendid pay ment activity shows the country as a whole to be in a splendid merchandising condi tion. Nearly every section shows that the consumer has plenty of ready money, which is reflected in the low indebtedness shown throughout the ocuntry ets well as the splen did payment record which is being made at this time. While some sections have labor troubles, they do not seem to be in any way dangerous to the general welfare of the country, and, providing congress succeeds in satisfactorily solving its problem of reconstruction, there is every reason to believe that the coming fall will not only show continued prosperity, but will exceed that of the past three years. B ABLE Y IS HIGHER OX BID Total .13.236,000 19.729,000 7.13S.000 Shipments for the season to date compare ; follows : Total-Sfnce Same Period July l.'l. Last Season. TJ. S. and Canada. .. .321. 77,000 235.338,000 Argentina 7D.4S2.0O0 43,722,000 Australia ........... 5S.724.0oo 37.C30.O0O India 5,401,000 14,470,000 Total 485,434.000 331,169,000 Baying Price f Eggs Cut. Buying of eggs for storage has slowed down. Only 130 cases were put away yes terday. The larger cash buyers anncunce that their buying price has been reduced to 38 cents. Jobbing prices hold up, 45 cents being asked for candled and 46 cents for selects, but a lower range can be ex pected when the present high-priced stock is worked off. Receipts were 099 cases. STUDY MARKET AT YARDS PRICES HOLD THEIR OWX ALIi LIXES. rx Eleven Loads Are Received During Day, but Large Part of Stock Comes Direct. whole. 90 and 91 -scores are held pretty close ly and are bringing almost as much as ex tras. Centralized cars in good supply, no sales above 51 today. Heavy accumula tions and heavy storing. New York market Another decline of 2 cents with marked weakness and no sup port featured the market. Lecldedly in the buyers favor. Receipts very heavy, in cluding more Canadian. Several rales 92 score at 51 cents. Freely offered at this price. Big Increase In storage holdings. San Francisco market Trading fair, mar ket weak, prices reduced 1 cents. De mand was small and Insufficient to move accumulation. U S Vlrt'y 8s. .t9.88'Penn. con. 4Hs..,9 a ret. reg. sou. i'ac cv. m..iu do ref. llrt cou. ! i .Sou. Kail. 5s 14'I4 do con. 8s rvg "vi i Union i'ac. 4s... H8i j do con. Ss cou. '. U S Steel ft do 4s reg. ...lou jAng.-French 6s 97 9-16 IS EASIER Th. livestock market was ouiet yesterday! I ill 112 I I lit 4 vnnH t-q r-t rf thft rreitts brought in I MlWliy I II direct. Ther was no material change in price conditions and the market was re- Receipts were 57 cattle, 301 hogs and 35 xtKKY FN STOCK TRADING, AS sheep. Allouez Aria. Com. .. Cal. Ariz. . al. Nc Hecla. entf nniii.1 . . Cop. Rane . ranklin .... sle Roy. . . . -ake Cop. Future Seedless Raisins Withdrawn. The California Raisin Growers" association has withdrawn quotations on future seed less raisins, except muscats. This is the first time in the history of the association that it has progressed so far in selling its crop before grown. " Bank Clearings. Bank clearings of th. northwestern cities yesterday were as follows: Clearings. Portland $7,333,851 Seattle ..... 6,902,242 Tacoma 6S1.471 Spokane 1,735,433 Balances. Jl.527.106 1,129,823 113.419 4b9,022 49.00 50.00 67.50 67.00 $52.00 52.75 54.00 48.50 50.00 67.50 60.50 basis, $2.20 per Lower ; at Corn and Oats Are 50 Cents Exchange. Barley was the only cereal that showed any firmness on the local board yesterday. Bids for brewing were advanced 50 cents, while feed barley .was 25 cents higher. Oats and corn averaged 50 cents lower. Weather conditions in the middle west, as wired from Chicago: "Minneapolis, cloudy, 65; Iuluth, raining, cool; St. Louis, part cloudy, rain last night; Hutchison, cloudy, rained all night." There has been no fundamental change in the corn situation in the United King dom. Demand continues brisk with prac tically no quantities offering. Arrivals of Argentine are expected to enlarge, but these amounts will no doubt move immediately into consumptive channels, as stocks now are very low. Only moderate amounts of native oats have been distributed and the demand continues fairly active. The official estimate makes the wheat crop of India 86.400,000 bushels, against 108,000,000 bushels last year. The central provinces are figured at 26,800,000 bushels against 96,600,000 bushels last year. The final official figures of the Punjab are 106,400.000 bushels agaihst 137.600,000 bush els last year. Weathwr is reported satis factory. Recent rains were very beneii-cial. Terminal receipts, in cars, were reported by the Merchants Exchange as folio PORTLAND MARKET QUOTATIONS Grain, Floor, Feed, Ets. Merchants Exchange, noon session: Bid Oats . .Tune. .Tulv. Jo. 2 white zeeou. $52. 00 Barley Standard feed..... 52.50 Standard "A" 53.50 Eastern oats and corn, bulk: Oats No. 3 white '. 38-lb. clipped white Corn No. 3 yellow............ No. 3 mixed WHEAT Government bushel. FLOUR Patents, $11.45 delivered, $11.30 at mm; oaKers ju.i&(ffii.30; wnoia wheat. iu.il.4f; graham, J10.05& 10.20. MILLFEED Mm run f. o. b. mill, carlots. $373S per ton, mixed cars, $37.5038.50; ton lots or over, $3940; less than ton, $40 41 ; rolled barley. soo&u2: rolled oats. Jul: round barley, $G0. jokn Whole, ton. $75: cracked. $77 ner ton. HAT" Buying prices f. o. b. Portland: Eastern Oregon Mmothy, $36 37 per ton ; anaiia. vaiey grain nay, ota'-a; clover, $2028. Dairy and Country Produce. BUTTER Cubes. 92-score. 544c: 91-score. 54c; 90-score, 54c; prints, parchment wrap pers, box lots, 53c; cartons. 54c; half boxes. c more; less than half boxes, lc more; buttertat. No. 1, 5i;fctv5.c per pound, station. HiUS Oregon rjincS, case count. 43c; candled, 45c; seiects, 40c. CHEESE Tillamook. I. o. b. Tillamook: Triplets, 34c; Young Americas, 35c; Coos and curry, i. o. o. Myrtle Point, triolets, sShtc ioung Americas, 34c; longhorns, 34.c. POULTRY Mens. 30ft 32c; broilers, 30S 35c; geese and live turkeys, nominal. VEAL Fancy, 2c per pound. PORK Fancy, 26 c per pound. Portland Wed .... 6 1 Year ago 2 5 Season to date.... 744 1103 Year ago 3S20 4S5 Tacoma Tuesday. 9 1 Year ago 5 2 Season to date.... 5441 47 Year ago 550 102 Seattle Tues Year ago 'J 1 Season to date.... 5372 100 Year ago 4852 33S 8 10 1 8 764 31 SI 1541 2568 1 4 . . . . 5 200 1231 300 1670 6 8 1 1 604 2565 GOOD FRUIT CROP IN IDAHO Stocks of Old Hay Fairly Well Cleaned Up. Bulk of Fed Cattle Shipped. Crop and market conditions in Idaho are reported by the Caldwell Commercial bank in its monthly news letter as follows: There will be an abundant fruit crop, taking the district as a whole, as the Snake river slope will produce a full crop. Home grown strawberries are now on the market. Shipments of baled hay continue and the old hay is now fairly well cleaned up. Some shippers have already arranged to buy new hay from the field and will continue baling ana snipping throughout the year. 'ine bum or cattle fed for market have been shipped out; however, some have turned out on pasture awaiting a better market. Those who sold recently are disappointed in results, as in some instances the cost cattle was hardly realized, and of course the feed and labor lost. Hog prices still continue high, with a demand for both fat and stock stuff more than the offerings. one oi our customers reports buying a band of yearling wethers at 6; cents per pound, which he will range for the fall market- Range wool is coming in, but the bulk of it W'ill not be warehoused for perhaps three weeks. Several buyers are In the field and prices from 45 cents per pound and upward are expected. STRAWBERRIES FIRM ; PRICES GOOD First Local Cherries Are Received Car of Cantaloupes Due Today. About 200 crates of Oregon berries arrive. "by express and 100 crates came from Wash ington. Home-grown receipts were heavy. The demand was active and the marke focrong. .;n me east siae market growers sold at $3.50 3.75. moMly $3.65. Jobbers quoted good Dollars at S3.65 4f4 and Mar shalls at $3.75 4.15, with most sales at $3-754. A part, car of cantaloupes of fine quality was unloaded and they sold at $S.50W9 for Standards and $3.75 4 for flats. Ex press cantaloupes were offered at $5.50 6.15. A straight car is due today. The first local cherries made their ap pearance and brought 15 cents. California Cherries ranged from 15 to 20 cents. California red raspberries are on the market and are slow sale at $2.25 per flat crate. A straight car of new California pota toes came in, also a car of old Oregons. New stock was steady at Sc. Oregon Uurbanks were held at $1.7.. &-2. The day's sales were as follows: Wt. Price. J Wt Price. 4 hogs... 170 919.25 1 hog 440 $17.25 9 hogs. . . H'7 lit.J5 5 hogs. . .. 1US 19.25 5 hogs... 246 19.25i Best steers. .$11.0012.00 Good to choice steers 10. 50 'tf 11.00 Medium to choice steers 10.uudl0.50 Fair to good steers 8.759 9.75 Tommon to fair Meers 7. 75-13 8.75 Good to choice cows, heifers... 9.5010.25 Medium Id good cows, heifers.. fair to medium cows, hellers.. Canners ...................... Bulls .......................... Calves Stocker and feeders 7.000 W Otf HOEI Prime mixed Medium mixed. ....... rough heavies ........ figs faheep Prime spring lambs Fair to medium lambs. Yearlings B.fin 8 56 Wethers . 7.00 42 8.50 Ewes 6.00 7.50 CONSEQUENCE, SUBSIDES. Advance in General With Return to Normal Conditions War Bonds Also Higher. 6.504V 7.51 4.50 4 5.5 3.00(9 4 0 ft O.OO (it 8.50 9.00W13.00 ... 19.2519.50 ! STATE ORIGINS OF IJVESTOCK LOADED Shipments to th Leading Markets of the Pacific Northwest. State origins of livestock loaded June 3, 1919; For Portland Oregon .... .... 3 .... 1 Washington ... 2 1 1 T't'l Portland 2 1 2 2 One week ago.. 6 5 8 .... 4 Four weeks ago. 7 .... .... ... ? One year ago... 4 1 2 .... 3 For other markets Seattle. Wash... 1 2 .... .... 1 Spokane. Wash. 8 " 10 2 1 6 Total U. S 2143 2TW12 561 76 V One week ago. .27115 2477 631 93 64S Four weeks ago27os 2236 553 90 f.fl One year ago . .2370 1512 473 105 42J Fruits and Vegetables. FRUITS Oranees. $436.25: lemons. $3.756 per box; bananas, S'tfx&c per pound; apples. $55.50 per box; grapefruit, $48 4.1ia; strawberries, $34.15; cherries, lop per pound; cantaloupes, $3.75x9 per crate; apricots. sra.oO per box. VEGETABLES Cabbage. $4.505 per 100 pounds; lettuce, $2.25 &j 2.50 per crate; pep pers, 30c per pound; artichokes, 90c: cauli flower, $3.25; beets, $2.50 per sack: car rots, $3.50 per sack; turnips, $3.25 per sack; cucumbers, $ 1.50 2.25 per dozen; to matoes, $3.25(4.50 box; spinach, &c per lb.; peas, 11 fi 12c per pound rhubarb. 7&4ooc per pound; asparagus, $2 2.25 per crate. P O T A T O JE S -Oregon burbanks. best. $1.75 g-2; new California, 7('8c per pound. ONIONS White, $4.75 oer crate: red, 5&'Bc per pound. Staple Groceries. Local Jobbing quotations: SUGAR S;ick basis. Fruit or berry. $9.65; beet, $9.55: Honolulu cane, $9.60; ex tra C, $9.1.; powdered in barrels, $10.25; cubes in barrels, $10.45. NUTS Walnuts. 27 'i 35c: Brazil nuts. 35c: filberts. 2sc; almonds. 24i3Uc: peanuts. 11 (tt 15c. SALT Half-cround 100s. $16 per ton: 50s, $17.25 per ton; dairy, $25 per ton. KiLb Japan style. U-c: blue rose. lOe head, iL'c per pound. BEAN S Buying price, large white. 5 & 5c per pound; red, 4c per pound. CUFiEE Roasted, in drums, 30&42C. NEW YORK, June 4. The monev-market situation, which was largely responsible for Tuesday's liquidation on the stock exchange, readjusted itself today, the call rate for loans receding to the customary 6 per cent and prices generally took an upturn in a session less congested and excited. This 19.00 19.25 1 development was regarded with surprise in 18. 00 fi IS. 73 some quarters, wnere the feeling had been 11.75 lb-23 that the decline was to be resumed. Spcial adverse influences today affected 214rw? rtain stocks, such as Lehigh Valley and 9.00 St 1O.O0 (In If States Stel whlrh rioclin. rtmoMivo. ly 3 and 104 points after the former com pany had reduced its dividend basis from 10 to 7 per cent and the steel company had passed its quarterly dividend disbursement. Gulf States Steel later recovered about one third of its loss. With money more abundant speculative interests purchased extensively and motors. oils, rails, steels, sugars and most of the specialties benefited with advances ranging Cattle. Horses.Mixed ..-,, ,.n . Calves.Hog8.Sheep.Mules.Stock. If the unfavorablfi dividend actions and prices receded sharply in some instances, but the advance was later resumed with considerable vigor. The average rise in spe cialties was 2 to 5 points. Sales, l.GoO.ooo shares. The bond market was irregular, liberty bonds were higher, wltfe the victory 4 a rising to $loo.l(. Total sales, par value, aggregated $9,150,000. Old United States bonds were unchanged on call. CLOSING STOCK QUOTATIONS. Sales. Am Beet Sugar, ll.oo American Can. . 9,200 Am Car & Fdry 12,5oo Am H t L p:d. 4.4MO American Loco. 8,!Mo Am Sm & Refff. 11,000 Am Su0'ar Ref Am Sum Tobac. 3,:'.00 Am Ttl & Tl.. l.iUM Am Z L & Sm.. 2,6no Anaconda Cop.. 12.400 AtfhiFon 4.1MM) A G & VVI8SL 1.40O Baldwin l-roco. . 215O0 lialt & Ohio ... l.ooo Beth Stcol B . . 7,t'0 li & S Copper.. ,t)0 Calif Petrol . . .. 3,4(;0 Canadian Pacif . 5oO Central Lrather 37.SOO Ches & Ohio ... 2.soo Chi M & St P. . 3.200 Chicago & N W 2o cm li. l & rac. . .imi Chino Copper . . 2.4O0 Colo r u iron .. ,ioo Corn Prods .... 22,lno Crucible Stee! .. 2o,s.o Cuba Cane S;itr. N..'o Distill Sec Corp. te.ooo Erie I.oim) General Electric 4io General Moiors. 2.100 Gt Nor pfd . . . . 2.900 Gt Nor Ore ctfs 2. MM Illinois Central. 2to Inspiration Cop. 6.4oo 3nt M M pfd . . . 17. '.too later Nickel . .. 5.:;m Inter I'aiicr .... i..t"u K C Southern.. boo Kennecott Cop Louis & Nash M cxlran Petrol Miami Copper . Midvale Steel Chicago Livestock Market. CHICAGO, June 4. (TJ. S. Bureau of Mar kets.) Hogs Receipts 25,000, market steady to 10c higher with yesterday's general aver age. Top, $20.55: bulk. $20.20 20.45; heavy weight. $2O.:t0w2ft.5O; medium weight, $20.15 & 20.55; lightweight. $19.3520.50; light light, $18. 75 -ft 20.25 : heavy packing sows, smooth, $1 9.S5'i-20.15; packing sows, rough, $19 2519.75; pigs, $18 2519. Cattle Receipts 8000, beef steers and butcher sh stock slow. Bulls steady to strong; calves steady ; feeders lower. Beef steers, medium and heavyweight, choice and prime. SI 4.75'? 16.25; medium and good, $11.75-14.75; common, $10.75 11.75; light weight, good and choice, f 12.40(5 15; common and medium. $9.75 iff 12.40; butcher cattle, heifers. $7.25 12.75; cows. 7. 12.40; can ners and cutters. $5.75r7; veal calves, light Chi R I & Pac. . and handy weight, $14 a 15.2- ; feeder steers, $10 f 13; stocker steers. $7.73 tf-r 12.50. Sheep Receipts 18,000, ewes and heavy lambs lower; other kinds about steady. Lambs. 84 pounds down, $135x15 25; 85 pounds up, $12.50T?15.25; culls and com mon. $9 ij? 12.50; springs, $16.73 &' 10; yearling wethers, $10.50 13.25; ewes, medium, good and choice, $8 50(10.25; culls and common, $4S.25. T11REE - CENT DROP IN BUTTER in Price Are Going Down Grade Fa Nearly All Markets. The butter market apparently hast not yet reached bottom. City creameries announce another decline of 3 cents In print prices, effective this morning, which win put the quotation on plain wrapped m box lots at 53 cents. Th buying price of butterfat will be reduced 3 cents to 5253 cents at sta tions. The cube market was dull yesterday and neak at 54 cents, with the better grades at C4H cents. Stocks have accumulated on the street, amounting to 1437 cubes and 2.V boxes. The storage Increase was 7968 i pounds. Receipts were 24.010 pounds. The butter markets throughout the coun try are demoralized. In the east a feeling of uncertainty exists. The export movement Provisions. Local Jobbing quotations: HAMS All sizes, choice, 41Utf?42c; stand ard, 41c; skinned, 35ty-30c; picn, 29c; cot- lakd Tierce basis. Hoc. com noun a. eo per pound. it i salt snort, ciear decks. i:u ra 3c : plates, 20u2Sc; exports. 31c J3ACON rancy, hhivdoc: standard- 4Bij 49c; choice, 37 & 42c Hops, Mohair, Etc. HOPS Oregon, 1918 crop, 45c; 1917 crop, 27i2c; 1916 crop, lo'17c per pound; three year contracts, 30c, 2ac, 25c. WOOL Eastern Oregon and Washington, 40c&57c per pound; valley, 40 55c per pound. . ilOHAIR 1918 clip, 55c per pound. TALLOW No. 1, 8ac per pound; No. 2, 60 per pound; grease No. 1, tVsc; No. 2, 51-.C per pound. CASCARA BARK New, 10c per pound. GRAIN BAUEi In carlots. 13c Hides and Peltd. HIDES No. 1 salt-cured hides. 30 lbs. and up, 20c; No. 1 part-cured hides, 30 lbs. and up, lSHc; No. 1 green hides, 30 lbs. and up, 17c; No. 1 talt-cured bull hides, 50 lbs. and up, 14c; No. 1 part-cured bull hides, 50 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., 2-c; No. 2 kip skins, 15 to 25 lbs., 23c; dry flint hides, 7 lbs. and up, 3c; dry flint calf hides, under 7 lbs., 40c; dry salt hides, 7 lbs. and up, 24c; dry salt caif hides, under 7 lbs., 34c ; dry flint stag or bull hides, 20c; dry sait bull hides, 14c; dry bull hides and skins, half price; dry horse hides, according to size and quality, each, $1.50-3-3; sal t horse h ides, ski nned to hoof and head on, $3 horse hides with heads off, 50c less. . PELTS Dry long-wool sheep pelts, per lb., 25 35c ; dry medium wool sheep pelts, per lb., 20 S 3oc; dry shearling sheep pelts, each, 50 rg 75c; salted long wool sheep pelts, each, $2!t5; salted medium wool sheep pelts, each, $l.(j2; waited shearling thetp pelts, each, 50 if 75c SAN FRANCISCO PRODUCE MARKET Prices Current on Eggs, Vegetables, Fresh Fruits, Etc., at Bay City. SAN FRANCISCO, June 4. Butter, 55c. Eggs Fresh extras, 47,2c; fresh extra pul lets, 43M:C. Cheese New firsts, 30c; Young Americas. 30 Vi: c. Poultry Hens, 34 3Sc; roosters, young, 45 it 50c; old, 20 fa1 24c; broilers, 29 -31c, small; large. 32l&33c; fryers, 36&3Sc; geese. 35'&3Sc. squabs, $33.50 dozen. Vegetables Asparagus, graded, 10llc !b; egg plant, 1520c lb.; peppers, bell, 2030c lb large, and loc for small; chile, 25je35c; summer squash. S5c $ 1 crate or box; tomatoes. $3.504 crate. No. 1 Mexican; let tuce, 75c 4i $1.25 crate; potatoes, new, $3 'Q 3.50 cental; sweet, $t4i.U.5U; onions, Bermuda, $3.75 4; crystal wax and yeliow, $3. 50 9 3.75 crate ; green, $1.75 (a 2 box ; rhubarb. $1.50 & 1.75 box; green peas, bay No. 1, 3&6c ib. ; do. No. 2, 4 5c : do. Half Moon Bay, 7 - 8c; cucumbers, $22.25 box; spinach. 75c nj $1.23 crate; string beans, Kentucky Wonder, 10&12c lb.; wax, lO'&llc; pole, Ollc; car rots, $4 4.50 sk. ; green okra, 20 25c lb. ; green corn, 30 50c dozen. Fruit Lemons, $3.ou4 00 box; Valencia oranges, $4.25 5.5o; grapefruit, fancy, $4.00 e 0.00 box; tangerines, $2.50 it 3.50; bananas. She pound ; pineapples, email, $3 & 4 per dozen; large. $5.00 3 6. U0 dozen; apples, New town Pippins. $3.25 ft 4.00 box; watermelons, 7 10c pound; currauU $1.50 1.65 drawer; loquats. 6 Sc pound; peaches. $1.50 1.75, according to district; figs, $1&1.50 box; Mission, $1,251? 1 50. Brunswick and white, strawberries. S10 14. according to district ; raspberries, $L'..VJ crate; blackberries, $.50' 2.75 crate : cherries, bulk, black, 10a l?u.c pound: whfte. 6 8c: apricots, $1.75 3 2.50 crate: gooseberries. 6 a Sc pound; cantaloupes, standard crste, $5 5.30. Receipts Flour. 4S40 quarters: barley, 455 centals; beans, 3151 sacks; potatoes. 97'J sacks; onions, 9S7 racks; hides, 114 ; wine, 8200 gallons; hay. 155 tons. Omaha Livestock Market. OMAHA, June 4. (U. 8. Bureau of Mar kets.) Hops Receipts 15.500, market 51j 10c higher, closing easy. Top. $20. 10; bulk, I19.S3&20; heavyweight, $19.90 ft 20.05; me dium weight, $19. 85 20.10; lightweight, $19.75 19.95; liht lights. f 19.25 ft l!. 75 : heavy packing sows, smooth. $ 1 9.75 fa 19.90; packing sows, rough, $19.6019.73; medium. $17.75 Ti 1S.75. Cattle Receipts 3800. Beef and butcher cattle active, 2.1c higher. Stockers and feed ers steady. Beef steers, medium and heavy weight, choice and prime. $141216; medium and good, $12 Si 14.25; common, $1Q&12 25; butcher cattle, heifers, $7.23 a 12.25 ; cows, $71rl2: canners and cutters, cows and heif ers. $5.50(5 1 ; veal calves, $11.7513.75; 1 -'-; r steers. t o a lit. ; stor kors. steers, $7.50 12; stocker calves. $7.50fir 1 1.50. Sheep Receipts 250O. 10 & 15c higher. Lambs, 84 pounds down. $1 3.50 (&' 14 25 lambs. 85 pounds up. 512.50 13.75; lambs cuns and common. $9- 12.50; spring lambs medium. $7.2518.25: yearling wethers. 1 J . fweS, 'iiu.ju; ewes, cullj and common, $6& R.75. Seattle Livestock Market. SEATTLE, June 4. Hogs Receipts. 131- dull and steadv Prim Sin ht.a on- di'im to choice. $19. 0O?f 19 75: ronuh hpavip. ' ' . 4 1 4,0 CL 1 V. cattlt Keceipts. 102. Pteadv. Ttt steers, .Tll..-iOWl2. to; medium to choice. S10 50 fir 11 ; common to good, $7i 10; best cows 1,11,1 neiiers. 'T 1 1 ; common to good, $5y "una, ? 'jj 1 ..u ; caives, t (t S. COAST AND EASTERN DAIRY PRODUCE Batter Market Conditions at Leading Dis tributing Points. San Francisco and eastern dairy produce reports received by wire by the Portland office of the bureau of markets yesterday ioiiow : Chtcaco market Butter market continues very wcaK w ltn prices decilnine from 1 -i cents to 2 cents on 92-score and 1" cent3 on centralized cars. There was another spurt 01 ouying yesteruay aiternoon ana some in dication of a similar spurt today, but trad irifr is almost at a standstill. Takon as p 51,100 R.si'O Missouri Pacific 12,1"0 Nevada Copper. 200 N t central . .. N Y N H & H . . 2UO Norf & West Northern Pacif. 1.500 Pacific Mail Pan-Am Petrol. 28.300 Pen nsv'iva 11 ia- . . 2. 2 10 Pitts Ac W Va .. 33.6itl Pittsburg Coal . ' i. 7i Ray t'onsol Cop. j,4mi Reading Rl.'o Rep lr & Steel.. 3,5o Shat Ariz '"op.. 2iMi Sin Oil & Refg. 34.20H Southern Pacif. 4.(,'i"0 uthern liy. . .. 4. nun Studebaker Cor. 63. ::o0 Texas Co 4.2f" Tobacco Prods.. 10.5O0 T'nion Pacific .. 0.7oo I'nitd Ms Stores 4...'hi S Ind Alcohol li.iMMi U S Steel 144on do pfd T'tah Copper . .. 2.400 Western I nion Westing Klcctrlc 6.300 Willys-Overland. 30. 400 Kova umcn ... .n.-t TJ S Liberty 4 Via 99.50 T S 4s cou 106 do first 4s . . . .!.. I4'.m. Tel. cv. r.s l"- do second 4s . . v4..t' A tcnen. gen. 4s.. s do finst 48.. 95.74 . & R. O. ref. 5s 5 do Feeond 4 V s 94.74 N Y Cen. deb. 6s lonvi do third 4 '4 s. .O.t.itS .Nor. i'ac 4s M do fourth 4'i 4! Nor, Pac. 3s .... 60 Last High. Low. Sale. 7 4 btils 5SH 57 57r 107 104U H)7'4 125 -s 122 'a. 125 4hk 4 bl bOU tyit-4. 135U 107Ji- 106 lo7W l'Mj's lMi4 liHi't 1!! 17-i 11 7o-s 9 '.4 69 V'l 10 IOI a, 163 i3 162 i 1 1;2 -4 103 ' l'l 103T 54 'a 53 Vs 54 83 V 81 S3 30 "a 26 30 3 34 33 H 34 164 104 104 102H 9914 101 674 66 V4 07 45'a 45 45 lo2 12 12 :;tt 2:t',i 2h 4014 Ssii 40 50i 4 ' 4!i 61 'i 65 '4 92 !mv4 112 'i :;;, 77i 76 7 6 '-4 i is", 16 1S 164 220 V. 216 220 9l4 l7i US 46 U 45 46 12 lil 1 lOl -2 5S .-. 57 122?4 Hi1 1-i 2S 27 H 2 .-.914 56 v, 5SH 23U 23 23 U 36-S4 120 194 i ISS'4 19- 27 26 S 26 H 52-H 51 a 52 33 Id' s a-jTfc 17H 17-;. 37S. SI 81 32 31 H :ti x4 JlIM '-H 9S'i 97: 97 , 364 10 97 99 474 47'i 47V 39 :;7 u :t- r.2 n 1.2 -n, 22r, 22't 224 91 S7Jli !7h SO Si V4 7 14 14 v14 r.6 0514 llli, ji m lin :;i ::oi 113U T7Va 111 -j 279 4 277 279W 97 94 !" i:4 132--H, i::4N l::4w 132' l:tt'4 15S--S, 155 i 157'h J0N 106 105 316U, 116 11 6 '4 MV 80 74 SI 90''. 57 U, 564 57 37 36 37 114 112r 113 Bid. Boston Mining Stocks. BOSTON, June 4. Closing Quotations: I Mohawk. 65 40 iNorth Butte . 14 1 .. .139 VOld Dominion 37 . . 4 V '.Osceola 53 . . .445 jwulncy 6S . .. 15 (Superior 9 4 . .. 50 1 Sup. & Boston... 3 ... 15, I tah Con. IO . . . 4 "4 W 1 nana 1 li , . . 34 Wolverine 24 kireene Canaoea. .424 Money, Kxcbange, Ete. NEW YORK. Juna 4. Mercantile paper. 54 i 5va per cent. terling. 60-day bills, 4.5s: commercial 60-day bills on banks. $4.5SH; commercial io-day bills. f4 5SLi; demand. 4.ei; cm Dies, 4.62V. Francs, demand, 6.44; cables. 6.4X. Ouilders, demand. 3S4 ; cables, 39. Lire, de mand. 8.06; cables. 8.04. Government bonds, firm; railroad ponas. rregular. Time loans, strong; eo a ays, yo aays ana six months. 5 Q 6 per cent. Call money, easier; high, o per cent; low. 5 per cent; ruling rate, 6 per cent; closing bid. 5 per cent; offered at 5K per cent; lant loan. 54 Per cent. Bar silver, $1.004. Mexican dollars, 84c. LONDON, June 4. Bar silver, 53 d per ounce. Money, 2 per cent. Discount rates, short bills, 8H per cent; three months hills. 3 per cent. COHU BUYING IS CHECKED TRADERS ASSUME BCIXISII FAC TORS ARE DISCOUNTED. Competition. Between Industries and Shippers for Supplies Is Lack ing Market Closes Weak. CHICAGO. June 4. Evidence manifested Itself today that a majority of the corn trader, were disposed to assume for the "time beinK that the market had more than dis counted all bullish factors. Prices closed weak rtC to 1S.C lower with July $1,704 to Jl.70 and September 1.61H to J1.011. Oats finished unchanged to c down and .provisions varied from 30c decline to 10c advance. It was apparent from the outset that the buying? side of the corn market had lost tlio energy w-hich of nate had been so no ticeable. For the first time. In several days rivalry for supplies was lacking? on the part of Industries and shippers. Small trades which took place were ascribed to shorts In vesting and to news that 1.000.000 bushels f oats had been bouKht lor export. bearish effect that was not altogether over come by the liberal export business. provisions averaged lower with cr&ln. Leading futures ranged as follows: OBX. Hlch. 1 71 hi 1.IV1 OATS. ,6t H . MESS PORK. BO. 75 Co 25 4S.40 4s. 10 LARD. July Sept. July Sept. July Sept. Open. .1.70!t .. 1.01 , ..SO.Slt ..4S.40 Low. Close. 1.0 1.7"l, l.Cu', l.t;l' .07 i .CSVi .00 U .Iwii .10. 7S 4b.3 No. 3. $1.3 HIGHWAY BONDS These highway bonds of Ci-ook county, Oregon, and Owyhee county, Idaho, are owned by us and offered as very desirable investments. The Crook county bonds yield 4.90'r and the Owyhee county bonds yield 5.40. Both issues are ex empt from all income taxes. Maturity To Yield $95,000 Crook County, Oregon 1939 4.90o 25,000 Owyhee County, Idaho 1930-39 5.40' MAKE YOUR SELECTION NOW Liberty and Victory Bonds If you must sell your Liberty or Victory bonds, sell to us. If sou cuu buy more Liberty or Victory bonds, buy from us. On Wednesday. June 4. the closing? New York market prices were as grlven below. They are the governing prices for Liberty and Victory bonds all over the world, and the hig;hest. We advertise the;e prices dally in order that you may always know the New York murket and the exact laiue of your Liberty and Victory bonds: 34 Mkt. pr. .$ ny.r.0 Aced. Int. l.Oo 1st 4s -. 14 1 VJ Sd 4s 1st 4'is Id 4'is 3d 4th 4 H s V. SXs V. 4is $4.3i 74 J'.M.Tl Jf'Ji 5S $U4 S $ S9 S $lo0.l'S :ll 2.01 .4 .!4 .Jit .Hi .20 Totals $101.15 $97.03 $4.f.S $7.73 $:4.US $'J 52 When buying we deduct 37c on a $r.O bond and $2.50 on a $1000 bond, sell at the New York market plus the accrued interest. $'.'5.47 $100.04 $100.2$ We Burglar and Fireproof Safe Deposit ZSoxca for Rent. MORRIS BROTHERS, Inc. THE PKKM1F.K MUNICIPAL BOND HOCSE Established Over 25 Years. 809-311 Stark St.. Bet. 5th and Gth (ground floor). Telephone Broadway 5151. CASH. PAID FOR BONDS, FUIi'lURKET PRICE WITH ACCRUED INTEREST,! LESS SMALL, CHARGE FOR SERVICE. 2d 43 3d 4 Us 4th 4Us $05.05 $96. SO $96. 01 Saturday, May 31. Ss Price for $100 Bond $101.0 YOTT CAN BORROW CASH OF US ON LIBERTY BONDS, WAR SAVING STAMPS OR MONEY TO. FINISH PATI.NV. FOR VICTORY BONDS. BET TER PREPARED THAN EVER TO SERVE YOU. OR TO FURNISH AT TRACTIVE INVESTMENTS FOR CLIENTS SEEKING GOOD MORTGAGE LOANS OR BONDS. .' SEE EXILE BURK1TT, PRESIDENT OREGON BOND & MORTGAGE CO. 218 SELLING BOXIDS. BLDG., COR SIXTH AND ALDER (SECOND FLOOR). MORTGAGE LOANS. . INSURANCE. IT S Yict'y 4s4.10(t.osl: Tel. & Tel. fis'.n July S3.0O 3X20 32.02 .13 17 faept. 32.30 32.30 3.02 32.30 SHORT RIBS. July 2 00 2" .1.1 2- 00 2S.15 Sept. 2".ti0 27.60 27.40 27.43 Cash prices were: Corn No. 3 yellow. $1.74: No. 4 yellow, nominal: No. 5 yellow. ?i.$4-" Oats No. 3 white. OS -i Si U'J h c ; standard. Rye No. 2. nominal Harlev $l.ir,ij 1.27. Timothy f .fp 12. Clover Nominal. Kork Nominal. I,nrd 'iri.7. Kiba $28 tj 28. TS. . Oraln at San FVanrUco. SAN FRANCISCO, June 4. Flour. $12.00 f. o. b. warehouse. Oraln WHeat, $2.20: oats, red feed. $2.20 2-40; corn. California, yellow, $3.1." 'j 3.40; barley. No. 1 feed, IHIH crop. $2.30 5y 2. .". Hay Wheat or wheat and oat. $1418; tame oat. $1719; barley, $11 14; alfalfa, $13 (u 19; barley utraw. fit! ft MJc bale. Mlnnrapoli Gruin Market. MINNEAPOLIS. Juno 4. Barley. $1.08(9 1.18. Flax, $.72-g4.74. Dulnth Lliiserd Market. DULTTTH, June 4. Linked. $4.B0!f 4.73. best-made home !n Portland. If you want Coffee Future Irrefrular. NEW YORK. June 4. The market for cof fee futures was irrejrular today with a moderate volume. of bunineM. The opening whs 2 points higher to 3 points lower, and the more aetive positions Fold about 10 to 13 points above last nisht's closing- fifrures durinpr the early trading, with near months relatively firm. There was a little buying for European account and scattered cover ing on rerorts that Hrazil was not offering freely, but the advance was checked by real- Government and Municipal Bonds Bought and Sold fcj.pevereaux Company S7 Sixth Street Municipal Bonds Broadway 101? Ground Floor Wells-Fargo Building izlng. and the c'o was a phade off from the top. December sold off from $1S.4S to $18.35 and closed at $lS3i; July. $i:.3t; September, $1S.H2: October. ?1.7."; Decem ber. $1.3U; Jinuarj'. 1S20; March. $1S.17; May. $1S. spot coffee dull: Rio, 7s 10 c; Santos, 4s iM'r-c. MftJtl Market. NEW YORK. June 4. Copper Electrolytic, tpot and July, lttlc; 17c. I ron steady and unchanged. Lead quiet. pot, 3.0o r-j 3.20c : Ju!y, 5.10 rfi 3 23c. spelter quiet. E;ist St. snot ni; .i-K- i.'v-n-.'.'t Btrons. August. Louis delivery. Municipal onds FREE MAP large Map la colors, also the STORY OF RANGER th. greatest of all oil fields. riBTIS. PACKER t '0. .Ml Bro:i1 s . NVw Vork. CLARK, KENDALL 8 CO. GoTernmrot, Municipal and Corporation Bond. Corner Fifth and Stark Street. LIBERTY BONDS TVe recommend the pur chase of Liberty Bonds and are prepared to fill orders In any amount. If you have Liberty Bonds to sell, we will buy them from you at highest prices, depending on New York market quotation received by wire daily. Fourteen Points of the Bond Business "So. 4. Where Personnel Means Something Dried Fruit at New Tork. NEW YORK, June 4. Evaporated apples lrm ; Mnte. l' 22c : far western, IS j) 20c. Prunes firm. Peaches quiet. 1 1 1 n 1 1 1 1 1 n i n i n : n 1 1 1 1 1 1 n 1 1 1 1 u m 1 1 1 1 1 n 1 1 1 1 I HEADQ. CARTERS for 1 LIBERTY BONDS We BUT AXD SELL any amount. New York quota IS tions hy wire every morn- ing. Yesterday's quota ZZ tione, interest included: 3 Vis. . J101.04 E FIRST 4s.. 97.09 SECOND 4s.. 94.51 FIRST 4'is.. 97.62 E SFCOXD 48.. 94.92 THIRD 4?4s.. 96.48 FOURTH 4.'.. 95.43 VICTORY 4s. .100.18 SZ If necessary to sell your bonds, "bring them to us. "We pay highest local prices. . I ROBERTSON &EWING 1 X. W. Bank Bids. Frank Robertson II. C. Kwiiiff 1 niiliiiiiiiiiiiiiiiiiiiiiililiiiiiiiiiiiiitiiiiiiiH A. II. Averill P. S. Brumby Charles II. Carey F. J. Cobbs E. S. Collins 5 ii! mm James Danaher, Jr. F. I. Fuller John A. Keating; C. F. Swigert and Charles F. Wright are directors of the Lumbermens Trust Company. They need no introduction to the people of Oregon. Nor is it necessary to enu merate the large enterprises and interests which they represent in this community and state. ' The Value of Many Minds Probably few Oregonians know, however, that the above-named directors meet once each week to discuss with the executive officers of the Lumbermens Trust Company the policies .which are to be pursued and to participate in the decisions as to what securities the company should buy. A council of such business men, each of whom has had broad and successful experience in financial and investment matters, assures deliberate consideration of every important detail and sound judg ment in forming general policies. There is a tremendous advantage in bringing many minds together on a .given question. Looking Well Before Jumping- It is well to remember, in this connection, that the Lumbermens Trust Company does not do a brokerage business in securities. Before it offers any bond issue to the public it sees that all fea tures of the transaction are given painstaking and conscientious investigation. If satisfied, it then purchases the bond issue out right. In other words, this company demonstrates its firm and complete faith in every investment by putting its own money into all bonds that are to be offered for sale. Are not these considera tions worth your attention? ermens Trust Company mbermens Bldg. ' Fifth and Stark Half Million in Capital Hundred Thousand in Surplus: 9 .' WM Lumb to yield sy4 to $50 $100 $200 ey2 $500 $1000 MARYSVILLE, C4tf.. Imprarenwnt ll.ons July 3 l'r.3 210 ;o 100.9s 5 sr.qt 21 101. S3 12 1(12.11 5.30 2:1 102.fiS 5.30 '24 102.75 5.40 '25 103. IS 5.40 YUBA CITY, Clir.. ImproranMnt 7" J1.144 July 2 1.144 1.144 1.144 1.144 . .. -20 102.09 5.2) . . . '21 103.40 5.371 . .. -22 104.71 5.40 . .. 105.62 5.S0 . .. 106. IS 5.625 GLENDALE, Ariz., W.4 works S $1,000 Aug. 1 "29 101.95 5.757. WAHKIAKUM CO., Wash., Diking DM. No. 1 7 13.000 Dec 1 '21 101.70 6.25 GRANDVIEW, Wut)n Improvement T's ll.ooo Mar. 15' '22 102.25 6.125; 3f0 " '25 103.01 6.375 1,2(0 " '26 103.42 6.375 90 " '27 103.03 6.F.0 1,000 " .-28 103.32 6.S0 NEW WESTMINSTER, B. C, Funding S' J2.000 July 1 "23 99.53 6.125 BURNABY, B. C, Funding 4,500 Dec. 31 '24 93.85 .25: We baT rjnrchud tliftp 4onl with rrur own fundi, aftr rrefnl inrttion ind offpr them strictly subject to prior Ir. We will br plrsrd to furnish full rrtlrulan of lseur, curity jind lrca!tt7 nrnn rrouewt. If not conT-nient for yon to call, 'phono u and wo will call upon you. kconf nun Mcaraauiuw Bank Freeman Smith Camp Co. The New Oil Fields of Texas PitUborgn-Teraa 03 and Gat Stromberf Carburetor Co. of America Standard Oil Stocka High Grade DiTcrsiHed Inrettmeat Trend oi the Stock Market These subjects, as well as other financial topics, are covered in our semi-monthly publication. "Securities Suggestion Sail free upon request. Ash for 30 "Bp- vlc MEGARGELa co. 27 Pine Street-'NectA&iK. J. B. Steinbach & Go. STOCKS. BO'DS, COTTON, GRAM. 01-.s Hallway Exchange Buildlnc H. F. Ilatton A Co.'n Coast - to - Coast Leaard Wire Accounts Carried oa CoaMcrwatlvo Marajlna. ls, aialai S&3-S64W