THE MORNING OKEGONIAN, . SATURDAY, JUNE 21, 1919.
FLOUR BOUGHT FOR
EXPORT TO EUROPE
Grain Corporation Obtains
About 200,000 Barrels.
LAST PURCHASE OF SEASON
Slillcrs Ue bat Little to Ofrer to
Government Out of Their
Remaining Stocks.
The government haa bought the last export
flenr tt will take In this aeetlon out of the
old crop. FoitliUM wero made yesterday
by th grain corporation on the blda recent
ly submitted by northweatern millera Tbo
amount ot flour obtained wan not lane, aa
the mil la had but Utile to offer at the end
of the season. No figures were liven out
by the train corporation, but It waa aald
the total quantity bought would not ag
gregate over I0O.0OO barn la, aa against
l 230000 barrels purchased under the pre-
nou call. Shipments are to bo made by
the mills before the end of the month. The
prices were the same aa on the former pur
chase. 110.66 t. o. b. cars or iiu.u i. a. a.
ahln.
The coarse train market waa quiet at the
local board session. Corn and feed barley
blda were allthtly hither, but oats and brew-
ini barley wero easy. The mlllteed mar
ket waa firmer.
Bradatreet's estimates araneea this
week from North America ot 10.MT.000 bush
els of wheat, flour Included, and 106.000
bushels of corn.
Argentine shipments of wheat this week
re Loci 000 bushels to the (.nlted nans
dom 1 OJ7.000 buihels to the. continent and
JJK.UOO bushels to non-European parts.
Terminal receipts. In cars, were reported
b the Merchants' Exchange as follows:
Wheat Barley Flour Oats Hay
Portland. FH..11 .... 2 1
Y-ar ago t 5 -
s-aaon to date 7..1H 111.1 t Ton
vr ago ISli SIS 1411 liS
Tacoma. Thura. - ....
Y.ae a 3
season to dste..V.2 ,9 lot IKS
Yar ago iirii 1UT Sti 13
.--eUIe. Thura 1
Reason to date. MIA 110 lTt BIO 2.17
lea.- aso 344 176S 11M 3140
WEAKER FEE LINO IN BITTER MARKET
r eraser Cab Quotations Are Shaded ta
Mot Accvmulatloa.
There was sn easier feeling In the butter
market. Cube quotatlona wero about the
aamo as the day before, though aoma lots,
aid to scoro 92 points, sold at &la cents.
In a small way extras sold at 62 cents for
local conaumptlon and a limited quantity
of 92 scoro ass shipped on th basla of 63
cents f. o. b. Portland. Lower grades were
also sold for shipment. With continued
Urge receipts, supplies are accumulating,
street stocks being 10.13 cnbes and 560 boxes.
The net storage Increase was 16.733 pounds.
Receipts on Thursdsy wers 14.3S3 pounds
from Oregon. 67iO from California. 1M00
irom Washington, and 702 from Idaho, a
total or 23.107 pounds.
Th preliminary report of production of
creamery butter In the United States com
piled by the bureau of markete for May,
1P19. ahows an increase of 23.03 per cent
aver May. 1919. 'This comparison la baaed
upon the report of 2477 factories. Th pro
duction of May. 191S. was 12.M per cent
more thaa In May. 1917.
Cheea receipts Thursdsy wer 622
pounds from Oregon and 160 pounds from
Washington.
CANTALOrrES ARE IN LARGE Sl'PI'LT
I berry rricea TtecUoe Sliarply With Very
Heavy Receipts.
Local cantaloupe auppllea war Increased
by th arrival of four care. Ther Is some
poor atock on hand which la Injuring the
market. Standards were quoted at (2.7303
and ponies at 2.:.0 2.73.
Ona car of watermelons waa received and
the market was steady and unchanged at
3 i-ents bulk.
The cherry msrket was top-heavy and
lower. Blnra bringing 13 rente and Royal
Anna 10ul'-S cent-. Impress receipts were
txnes from Ores-on. 200 from Wsshlng
ton. snd H0 from California. Strawberries
wer In sufficient aupply and prices were
unchanged.
- Buying Trie I Cot.
Seattle eaa dealers sre figuring on a 1
e-nt rise in the buying price, but the local
market was easy snd soms of the larecr
bujera cut their country price to 42 cents.
.oral street storks were heaT. 3950 rases
asalnst cases a week ago. Tteeelpta
Thursday wer 615 casts from Oregon.
from Washington, and 2S from Idaho, a
total of 773 .
Bank Clearings.
Bank clearings of th northweatern eltlea
June 20 wer. as follow.:
Portland 'l 5
battle '-riS-r i
1.433.4WI O4II.401
PORTLAND XlIKtt Ql OTATIONS.
(rain. Hour. Feed. Etr.
Ver.-r.anta' exchange, nooa seeelon:
.ts June July. Aug.
N 2 while feed t52 73 $33.00 13.00
Sirnirird"f'd eJinn MM
Siamlard Iced. "A '. . ! -10 MOO 53.-0
Eastern oat. bulk
v, j wan. M on f.oo mi oo
No. 3J, Clipped, white H.O0 . 51.00 bV.H)
x. a yellow T an 69 no 6! on
No.. 3 mixed .ftvlo lkvi. os.UO
WHEAT Government basla, $3.20 per
-ahel. . -
rLi'l'R Patents, III. 4 delivered. 111. 0
et mill: bakers'. l 1.1 J 1 1.3": whol wheal,
I m 2.'. trl" 4": graham. I1U.OO0IO 2O.
W I LLI EKH Mill run f. o. b. mill, carlota.
rv per ton: mixed cars, 137-WBJSeo:
t-ws lots or over. I3DM; less thsa ton. ftoft
11. rolled barley. du62; rolled oats, Itil;
ariun,l barley. .
IVRX Whole, ton. 175: cracked. 177 per
tt"X
HAY Buvtng prices f. v b. Portland;
r:--tera Oregon timothy. 136 917 per ton:
alalia. valley grain hay,
ior. I-W --
rtalry and ronntry Irdne.
Bl'TTKR Cube. 2-acor. 52c, l-eeor.
51 'c. w-core. 51r; prints, parchment
wrappers, box lots. 54c: cartons, oo; hall
boxes c more: less than half boxes, lo
more: bultcrlau No. 1. 53034a par pound,
ttloa
KC.;S Oregon ranch, cas connt. 41944c;
tja l;.-t. eoe: a-let-ts, 47c
CHKklfi Tillamook, f. o. b. Tillamook:
Trlolete. 34c: Young America, a5e: Cooe and
urrv. f. o. b. Myrtl Point, triplets, SXc;
luung Amerlcs, t44e: longhorna, Wc
I'OLUKl Hens, 27c: broilers. 23y30c;
- geese iturlti and turkeya nominal.
VtAlf Kancy, 21o per pound.
PORK fancy, 26 per pound.
' rrull and Vegetables.
" rRVITS Orange. 6.nfi'.o: lemona
7 per boa: bananas. l.o per pound;
apples, new, 4 per box; grapefruit, to.50:
Mr berries, .t,S23; cherries. log 15c
p,r pound; cautaloupes. f 1.751 per
' c-a:e: apricots, 12.2.". a 2..V) per box; peaches,
51 vi tr2 per box: watermelons so per pound;
plums. 13 per box.
VEUBTABLES Cabbage. 14.30 per 10
founds; lettuce. 12.230 2.50 per crate; pep
pers. 30c per pound: artichokes, 73c; cauli
flower. 13.23: beets. 13 per tack; car
rots. 13 75 per sack: turnips. II 50 per
' sack: cucumbers. $123il3 per doaon; to
matoes. $Lo3472.50 box; apinach. to per
pound: peaa. lit 13c per pound; rhubarb,
0e per pound; asparagus, 11.25 (J 3 per
ciate.
l-OTATOKit Oregon Burbanks, best. 120
X.2.V new California, 4tiw0 per pound.
ONIUNS -California, red. 3c per pound.
Stapt Cracerle.
Tyal Jobbing quotatlona:
MQAR back basis. Cralt or berry,
f 65: beet, 19.55: Honolulu cane, $0.60: ex
tra C, $0-15: powdered in barrels, iu.zd;
cubes In barrels. $10.45.
NUTS walnuta, 733c: Braxllnut. 86e:
filberts. 28c; almonds, 24 S 30c: peanuts.
Uvl5c
SALT Half-ground. loOe. $16 pr ton;
00s. $17.25 per ton: dairy, $23 oer ton.
BICE) Japan atyle, Ci blu rose, 10c;
head. 12e per pound.
BEANS Buying prlc, larg white, $
5Hc per pound: red, c per pound.
COFFEE Roaated. In drums, 35950c.
Hops, Mohair. t&
HOPS Oregon, IMS, 45947e: 1917 crop,
32He: 1916 crop, 20c per pound; 1919
contracts, 37VjC. three-yesr contracts. S0c
WOOL Eastern Oregon and Washington,
409 57o per pound: valley, 40 35c per
pound.
MOHAIR 1918 clip. 55c per pound.
TALLOW No. 1. 814c per pound; No. 2.
o per pound; grease No. 1. S!ic; No. 2,
i'ao per pound.
CASCARA BARK New, 10c per pound.
'. GRAIN BAGS In carlota. lie.
Provisions.
Locsl " Jobbing quotstions:
HAMS All sixes, choice. 4214 043c: stand
ard. 42c; skinned, 35436c; picnic 25M9
2814c: cottage roll. 3c
LARD Tierc basis, 36c; compound, 2SHc
per pound.
DRY SALT Short, clear backs. - 80 &35c;
plates. 27&29c; exports. 31c
BACON Fancy, &355c; atandard, 489
4c: choice, 37o42c
Hide and Pelt.
HIDES No. 1 salt-cured hides. 30 lbs
and ld. 20c: No. 1 part-cured hides, 30 lbs.
and up. 1814c; No. 1 green hides, 30 lbs. and
up. 17c; No. 1 salt-cured bull hides. 50 lba
and up, 14c; No. 1 part -cured bull hides.
50 lba and up, lie ine price on xvo. 2
hldea will b lo per pound less than on No.
l No. 1 calf ekina. up to 15 lba, 45c; No. 2
calf aklna up to to lbs.. 43c: No. 1 kip skins.
15 to 25 lba. 25c; No. 2 kip skins 13 to 25
lba. 23c; dry flint hides. 7 ids. and up, 30c;
dry flint calf hides, under 7 lba, 4uc; dry
salt hldea 7 lbs and up, 24c: dry salt calf
hides, under 7 lba. 34c: dry flint stag or
bull hldea, -uc; ory eaii maea, itc; ary
bull hldea and aklna halt price; dry horee
hldee. according to also and quality, each.
$1.5093; salt horse hldea. skinned to hoot
and head on. $3U1; horse hide with heads
off. 50c less'
PELTS Dry long-wool sheep pelts, per
lb.. 25y35c: dry medium wool sheep pelts,
per lb., 20930c; dry shearing sheep pelts,
each. 5073c; aalted long-wool aheep pelts,
each. $20 5; aalted medium wool aheep pelta
each. $10 2; aalted abearllng aheep pelts,
each. 50 0 75c.
COXDOX AXD IsEWISTOX SEC
TIONS GET NEEDED MOISTCRE.
Local Showers in Eastern and Cen
tral Oregon Other Parts of
Grain Belt Arc Dry.
Good soaklnc ralm hav fallen fn parts
of the wheat country et ot th Cascades
and showers In some sections, but elsewhere
the soil Is rreatly In need of moisture. A
jjood hard rain was reported at Mayvtlle.
south of Condon, and there was also a
heavy downpour In the Lew Is ton section.
Sprinkles occurred around lone. Heppner
and Dufur d ther were local showers In
central Orejron along the Deschutes river.
Th weather has been favorable for har
vesting1 the sra In crop which Is now In full
swlns In California and Arizona. Wheat
and barley are filling- In California, where
the only damage reported was tue shatter
ing of some wheat by north winds, and In
a few localities the grasshoppers are caus
ing more than the usual amount of Injury
Some corn was damaged by frost In Nevada
and It mad slow growth elsewhere on the
covt.
The weekly report of the weather bureau
says of crop conditions south:
California Wheat, barley and oat har
vest general : crop uneven. North winds
shattered some wheat; grasshoppers more
damaging to grain than usual. Corn made
slow growth. Large crop of bay gathered
In good condition.
Artsona Alfalfa and wheat being har
vested under favorable conditions.
Utah Warm week with drying winds,
rain needed. Spring wheat and oats suffer
ing; winter wheat and rye mostly headed;
first crop alfalfa mostly stacked.
Nevada First rutting aifalfa well ad
vanced, with large yields. Wheat, barley.
oats mad fair growth; condition reported
good to excellent.
WESTERN OKEGOX TROPS ARE FIXE
Weather More Favorable With Good Rainfall
in Valley.
In the Willamette valley the weather dur
ing the past week has been more favorable
for all grain, hay. pastures, fruit and berries,
bii.g clrar and warm with from one-half
tn one tm-h rainfall from Portland as far
south as Cottage Grove. Th weekly crop
reports issued by the Southern Pacific says.
Woodburn. ait rawDerr.es practical. y an
picked w and there was an average crop.
Prunes and peaches are looking fine anil It
is estimated the yield will be normal. Cher
ries beginning to ripen and from present
indications there will b a normal crop.
Small grains making good showing. Farmers
are cutting hay and clover, of which there
will be a normal yieiu. i owioc. ina uiuuub
In good condition.
Newbcrr. Wheat, corn. oats, hay ana
na-iur.. In very good condition. Potato
a rease normal and in good condition. Apple
and pears wer? never in better condition and
imlicutions are for a large crop. From pres
ent indication prunes w lit yield about CO
per cent of normal and .herr.es 70 per cent.
Forest Grove. Small grains, hay nd pas
tures making good progress. All fruits are
in good condition, except prunes, and indica
tions are that the latter wilt yield TO per
cent of normal.
MrVinnvIllv Showers and warm weather
hsve been spclally beneficial to small
grains, hay, potatoes and pastures, which
sre maklnc good growth. Fruit crops, espe
cially apples, were never In better condition.
Silserton. Crops never in better con anion.
Hay Is being cut and is a normal yield. The
heads, of small grain are well filled. All
fruits and berries vary heavy.
tSalem. Frequent showers nave been or
at rial benefit to amall grain, hay. pas
tures, potatoes and vetch, which are making
rapid progress and never looked better.
Cherries are beginning lo ripen and Indica
tions are for a normal crop. Present indi
cation axo that -prunes will not yield to ex
ceed per cent of normal.
Iallaa. Conditions exceedingly good for a
lance crop of small grains, uotatoes and
fruit, excent prunes, which w ill probably
yield about 50 per cent as compared with last
year.
i'orvallis. Barley beginning to ripen
and firs rutting of cloer is being made,
also some .etch and omis for snsllage. Some
corn and beans have had to be re plain ted ac
count of cold weather.
Albany. Fall grain never looked btter ana
spring grain making rapid growth. Indica
tions are hay will b normal crop. Cherries,
prunes and berries are in good condition and
prospect are for a normal crop.
lsebannn. Present indications are wheat
and oats will yield 2 per cent heavier than
lant ear. Potatoes normal. Berries unusu-
11 y heavy.
Kusene. Small grains, potatoes, hsy and
pastures In very good condition. Pome hay
being cut and yield Is normal. All fruits in
very good condition except prunes, which
will probably yield about 75 per cent of nor-,
mat.
Cottace Orove.' Small grain, hay and pas
tures made considerable procrera. Fruit of
all kln.ls in the very best ot condition and
indications are for a heavy yield.
Hurahfirld. Corn, hay and potatoes mak
ing a-ood progress and indications are for a
heavier yield. Apples In the best of ron
d:tin and strawberry crop was never better.
Myrtle Point. Potatoes looking tine. Ap
ples promise a large yield. Hay d pas
tures In the best of condition.
Coouiile. Croos generally In good con
dition. Grain filling out well; pastures and
hay never In better condition. All iruit in
the best of condition.
Rosebunr- There is a 2. per cent Increase
in ai-reace of small grains and about lt0 per
cent increase In acreage of corn. Prune crop
was never more promising. Apple crop In
dications are that yield will be 113 per cent
of normal. Pears averaging up well. About
per cent new acreage coming into bearing
this year.
Grants Pass. Weather during part week
has be-n cool and not th very best for
growing crops. Present indications are that
pear he pears and apples will be a normal
yield. Corn is in good, condition. Alfalfa
Is doing unusually well.
lied ford. Present indications are tnat
there will be an exceptionally heavy yield
of pears, apples and other fruits. First cut
ting of alfalfa is averaging about two tons
per acre. The second crop In some instances
about two feet high and indications r they
will get three crop tht year, and good
pasture will be furniahed alter the third Is
cut.
Ashlsnd. Wheat, oats, barley and hay are
in th beet f condition nd heads well filled.
Apple, peaches ana pear were never in
better condition a ad Indication are for aa
abnormal yield.
STOCK TRADING IS BROAD
BUTXXG OF OILS AA'D OTHER
SPECI-LTIES HEAVY,
Activity In Transportations Centers
Around Minor Rails Domestic
Bonds Are Firm.
NEW TORE, June 20. So far as today's
stock market could be said to have any di
rect propelling force or definite factor,
greater Interest was evinced in the trend of
events acros th water than domestic de
velopments. Reports of the resignation of
the German cabinet were In circulation be
fore the opening and are believed to have
accounted for the early irregularity.
Although the turnover fell far short of
the larger total of recent weeks, dealings
were unusually broad, embracing a greater
variety of rail, also steels, equipments and
SDeclalties. notably the food group.
Oils and other kindred accessories were
less responsive to early moderate accumula
tion, but buying of those issues became
more extensive In the very active final hour.
Investment rails wer only moderately
strong. Interest and activity in transporta
tions centering around minor shares, par
ticularly Texas & Pacific, which made a
gross advance of 0 points to the highest
level since reorganisation, sales amounted
to 1.SO0.6OO shares.
Foreign bonds failed to reflect reported
political changes abroad and domestic is
sues. Including the liberty division, were gen
erally steady. Total sales, par value, aggre
gated 98,400,000. Old United States bonds
unchanged on call.
rmsiNa stooic quotations.
Last
Sales. High.
Am Beet Sugar. 2,200
XiOW.
85
Ml.
110
12a
84
81
Sale.
87
56
110
124 Vi
84
81 Ti
i:;h
H4V4
106
22
72 Vi
U
177
102
50
88
28
S5Vi
IBS
lo;H
65
4 Vi
101
27
4.1
47
72
9.1 V4
o4
8014
18
16.1
227
96 Vi
47
101
0
117V4
31
f.5
22 '4
117vt
1SS
2S
51
33
1S
80
31
ins
90
39
911
46
40
61
91
R2't
107 "4
it
104'
io
i:'.4
li
iros
10754
HfiS
ss 1
.to '4
rn
;. i
11 5
American Can., lo.uoo 7
Am C St Fdry.. 4.it"0 1114
Am HAL pfd. 1,200 14
Am Locomotive. 4,101 h4
Am Smlt & Rfg 4.200 62
Am Sugar Rfg
Am Suin Tob... 4,500 115
Am Tel A Tel
Am Z, LAS... LS00 22
Anaconda Cop.. 7,300 72 V
Atchison 1.800 i j
A, G A W I S S 2.3O0 17
Baldwin Loco . 27. (HJ 102H
Haiti Ohio... 2.100 M)
Beth Steel"BM 14.700
B A Sup Cop... 2.200 2WW
California Pet.. 600 SSfc
Canadian Pac. 1.6mi 16:i
Central Leather 14.1KJ0 104
dies & Ohio . . ("0 0.Vi
Chi. Mil A aSt P 1.6UO 4.1S
Chi A North... .H 101
71
!
175
;i
r.o
87 i
27'.
:isva
62i
102
64".
42 M
100 '4
27 Vi
4.
47 Vi
70
90 4
:i:'.Ss
78
17K
1HS
222
9.1
46
in
llBi
.10 S4
nr.'..
22 V.
38 V4
181 Ti
27
r.o
:tm
18
79
-.0
10S
t
34
94 Vj
4IVs i
40 1
01
2" '4
87 'i
89
02 ;i
1O0
29
102
;.-
104
1:1214
ir.st;
1.-.OV4
100
110
S'4
90 ij
r.4
3.-.S
110
rht. R 1 A Pac 3.i'0 i
rhino Copper l.H"0
Col Fuel A Iron 7"0
Corn Products.. BS.noo
Crucible Steel.. 18.700
Cuba Cane 8uf. i:.,J0
Pis Sec Corp.. 37,Ttw
.-I. l.floo
.5
eS
73 V4
3.
S1U
18V
General Else -. . 30 Jj
General Motors. 11.. too 2-7
mm
t;t .Nortn pia. .
G N Ore Ctts... 5,000
Illinois Central
47S
0
Int Mar Ma pfd 4.1o 117H
Inter Nickel SV'OO ..IS
Inter Paper ... 2,.m0
Kan City South
Krnnecott Cop.. O.200
a. V . .
56 '4
0
Mexican Pet ... 12.000 jV.Jl
Miami Copper . :.wi
Mldvale Kteel . ."'
Missouri Vac .. --
Nevada Copper, l.nno
in
sn
:-.m
S Y Central . ..
Jf T. N H Jfc H.
Nor West ... .
Northern Pac...
1.7011
l.fiOO
,-,nu IMS'.
4nn 97
Pacific Mail
1.10
7. .ton
cm
5.5O0
1.200
l.ino
3 (ton
.S'J
Pan-Am Pet .
Pennsylvania ..
Pitts W Vs..
Pittsburg Coal.,
Ray Cona. Cop..
Ttearilns
Rep Iron & St.
4. .too
01 '4
C.4.
ii t f (. r.2.oio
SoS hern Rail.. J-.700 -I0J4
Stude Corp .... 2.5p0
JooaccfVo-:: itTOO io?
Cnlon Paclfie
"TOO 334
i-nited 12-.800 1U
Kc.'.Vrd ' ton li s
II S Steel pfd.
rt.h CoDoer . .
2. SOI)
RX's
MS
West TJ ex dlv. 2o
Klec .. 4.20O
TVIl'lya-Overlana K.400
6S.700 115'j
Royal uuicu
BONDS.
n 821 do 4s eou ailMIHI
94.90 Am. Tel. ev. 6a.. 103
.94.00 Atchen. s;en 4 81
TJ S Mb. H
do lirsi .a. . .
do second 4s
'tZ SS-di:! 7-s.cb-
do rel. -n eou. . --i, . ss
2 S" H eou I"- S- Steel 5s....lO0
So a rei...W6 UnBlo-French 5... 97
Bid. " l
Boston Mininr Stock.
BOSTON. June 2?.-losing ; quolatlonsi
..41 IMohawk
66 'i
AUoues
. 14 Norm tui"i ..
. . 7 lOld Dominion .
..410 JOsceoIa
.. 10 'Qulnry
, 0ISuprlor
. . 14'- & Boston.
1 , 4 shannon
. . 85lWlnona
4Wolverin ....
. 13
. 41
.
. 8
. .m
. s
. i
. :i
Arls. Com. ...
Cal. and Aria.
Cal. fc Hecla .
Centennial . -
Copper Range
ir,at Htiiie -
Franklin
Isle Ttoyalle -
Lake Copper..
Money. Etehaiw. Etc.
NEW TORK, Jun 20. Mercantil paper.
Uns!eHlnV' 60-1a bill.. .S: commercial
fiO day bTl'l. on banks. 4.r.S: commercial
Zy bill's' 1.5S ; demand ,4.80 : cables.
.. Hu Francs, demand, B.45: cables. ...
OuHdcrs. demand. S: cables. 3!). Lire, de
mand. 807: cables. 8.05.
Bar silver. l.llc.
Mexican dollar. SSc.
Time loana. strong, unchanged.
Call money, firm; high. 0 per cent low
S per cent: ruling rate. 6 per nt: clo.lni,
old. 6 per cent: offered at 5'i per cent; last
loan. 5 per cent. "
LONDON. June 10. Bar silver. 54d per
ounce. , .
Money anfl discount, unchanged.
AKOTHER SHAKP ADVANCE IX COFFEE.
w york Option Market Close 65 to 10
roints Higber.
NEW TORK, June 20. There ws an ad
vance of approximately a cent a pound In
th market for coffee futurea here today.
It seemed that reallring aalea attracted by
the new high record, established at the
opening yesterday had been absorbed on the
reaction of yesterday afternoon and the
opening today waa SO to S5 point higher
on a renewal of covering, trad, buying and
buvlng believed to be for European and
Brazilian accounts. Report- of a vary strong
spot situation served to .tlmulate the ad
vance which carried July up to 22c and
n.rmhr to 21.35c or about PS S 1".
po.nbove last nlghf. c.oelng Arte- in
irtlve months. Reactlona of several points
followed under realizing with th. market
eloslng- to 70 points net higher. Jul
lliL' September 2I.5oe: October 21.3c;
December 21c; January 20.95c; March 20.S3c;
MSpo2t'coffee firm with quotations largely
nominal at 22Vic for Rio 7s and 2.o for
Santos 4s.
, OAST AVD EASTKRN DAIRY PRODUCE
Butter Market Condition at Leading Di.
tribuOng Point.
an Francisco and eaatern dairy produce
report, received by wire by th. Portland
office of th. bureau of markets yesterday
'"Boston Dealers expected advance today
to stlmulst trading, but as It did not come,
buyers held off. Prices declined oa all ex
cept very fancy lota Cars brought 52c thi.
morning and 51 e later.
Ch'cago Market weak and unsettled with
prlc.; on 92-.CO. c lower. Centralised
cars in light .upplr and sale all at 60 c.
Receipt lighter today.
Vew York Sentiment mueh firmer with
active trading in finer grades, under grades
moving leas freely. Receipts light. Increase
In storage holdings and street atocka noticed.
Philadelphia. With a decline of e on
top scores, market was weak due to light
buying Interest. Supply of fin. grade 1.
lighter tod.y than for some time past.
San Francisco. Pricea are slightly lower
on a very quiet market. Some special lots
4-scor. sold at higher pricea but consid
erable butter was vailable at about 64
centa .
Metal Market.
NEW TORK, Jun SO. Copper and Iron
Uni.eaSSrm. SPt 5.20c bid: July 5.309
S'spe!tr firm. East 8t- Louis, rpot .50o
bid; July .2 0f.76c
Hops. Ktc.. at New York.
NEW TORK, Jun 20. Hops, bides, wool
unchanged.
Dried Fruit at w Tork.
NEW TORK, June 20. Evaporated apples
steady. Prunes unsettled. Peaches quiet.
Baring in All Line Increasing.
NEW TORK. Jun 20. Bradatreet' ssys:
Activity ia demand, and optimism a to
. , . 9l96Penn. con. 4a..9S
the outlook stand eat more clearly than at
any previous date since the armistice. As to
the first. It might b said that the list of
things sought is a virtual roll call of the
country's products, with articles of wearing
apparel and luxuries most wanted, and the
chief concern expressed being as to deliv
eries of goods with prices to be paid a
secondary matter. Even the great Industrial
lines that have hitherto tagged' Iron, steel
and to a lesser extent, coal show buying
Increasing: and output enlarging.
Bank clearing were 18,657,663,000, a gain
of 10 per cent over last week.
SAX FRAXCISCO PRODUCE MARSKT
Prices Current an Erg. Vegetables, Freeh
Fruits. Etc., at Bay City. . . ,
SAX FRANCISCO, June 20. Butter. 57c.
Eggs Fresh extras, 52 He; extra pullets,
46cVi- - -
Cheese Youpg Americas. 35 c; new firsts
unquoted.
Poultry Hens S637c; roosters, young.
45&o0c; old, zutjiMc. fryers, 33&36c; broil
era. small, 294? 31c ; large, 32 83c ; geese,
nominal; squabs, $3 93.50 per doxen; pigeons,
2.253.
Vegetables Asparagus, graded, 10llc
pound: eggplant. 10 17 Sic pound;, peppers.
Uell. 15917HC pound, large, 8 10c for small:
chile. 10&loc; summer squash, 85C&X1
crate or box; tomatoes, 12.5093.50 crate or
box; potatoes, new Delta, 2.503.25; gar
nets, S3.50 ft 3.75; early rose. $3.75 cental ;
onions, new red, $4 4.25; yellow. $4 4. 25
crate, green, i.75f box; green peas, - nay
No. 1 , 6 & 7c pound ; do. No. 2, 5 jjf 6c ; do.
Half Moon. 9ft 11c; cucumbers, natural, $1.50
1.75; spinach. 75c $1.75 crate; string beans
Kentucky wonders, 1315o pound; wax, 1
&I6c; pole, 12 13c; lira as, 1215c; green
corn, 40 50c.
Fruit Lemons. S6A7 ' box; lemonettes.
$2.50 3 ; Valencia oranges, $4.50 5; grape
fruit. 494.oO, ranry; bananas. 7Hi8V,e;
pineapples, small, $304; large, $56 doen;
apples, Newtown Pippins, $3. 50 & 3.75 box;
watermelons, 2i 3c Ih.; curranta $12(13
chest;- peaches, $1.2o1.50 crate; frgs, $l
1.25 crate or box ; strawberries, $12 13
chest; raspberries, $202.20 crate; loganber
ries, red, $79 chest; black.. $610 chest;
blackberries, $1.50 fat 2 crate; cherries, black.
810c pound; white, 68c; Royal Anns, 10
&l.c; apricots, $1.25v'1.65 crate; gooseber
ries, $910 chest; . cantaloupes, standard
crate. $2.50(2.75.
Receipts Flour, 5050 quarters; barley,
12.172 centals: beans, 2458 sacks; potatoes.
1602 sacks; onions. 420 sacks; hay. 30 tons;
hides, 740; wine. 4900 gallons.
CORN GAINS NOT HELD
BCYEKS REFUSE TO PAY TOP
PRICES; MARKET WEAKENS.
Early Strength Based on Reports
Ilint New German, Cabinet Will
. Sign Peace Treaty.
CHICAGO; June 20. Reports that a new
German cabinet would sign the peace treaty
did a good deal today to lift the corn
market to the highest level yet this season.
However, shippers and Industries then with
drew and prices closed weak, at the same
as yesterday's finish to Ho lower, with July
si. Si to si.si ana September 11.74 to
II.7414. Oats lost a shade to c. In pro
visions there were gains varying from 30c
to 5c.
Much of the buylnr In the corn market
was based on the assumption that the siRn
lnr of the peace treaty would ereatly widen
out demand for foodstuffs. Bulls contended
also that no large stocks of corn would
hereafter be accumulated, and that the
crowlnr crop would fall short of current
estimates. In the last hour, though, specu
lators on the bull side found that they had
over-reached themselves, and that other
interests were flatly refusing' to pay new
top prices.
Oats merely duplicated the actios or corn.
apparently uninfluenced by export sales of
350.000 bushels.
Peace talk and higher quotations on hoes
carried provisions upgrade.
Leading futures ranged as follows:
CORN.
Open. High. Low. Close.
July fl.aiH 91.804 91.81
Sept l.iJI i-iov t-toft
OATS.
July 71 .72 .70 70
Sept 70 .71
MESS PORK.
July 51.20 31.15 51.20
Sept 43. t a 4..U 40. (3 4tf.atU
LARD.
July S4.40 34.80 34.40 34.70
Sept 54.2.-. 34.7: 34.S0 34.G5
SHORT RIBS.
July 27.80 . 27.07 27.7S 27.97
Sept...... 27.02 28.15 27.00 28.10
Cash prices were:
r-m No. 3 Yellow fl.831.84: Xo. 4
yellow 91.82: No. 5 yellow 91.81.
Oatai No, 3 white, 71 72c ; standard
nominal.
Rve No. z. si. si 01.01 "4.
Barley 91-171.23.
Timothy $9& 12.
Clover Nominal.
Pork Nominal.
Lard 934.6.'..
Ribs 327.5028.25.
Minneapolis Grain Market.
MINNEAPOLIS, June 20. Barley 91.07
l.lfl.
Flax 94.87
Grain at San Francisco.
SAN FRANCISCO, Jun 20. Flour, 912.90
f. o. b. warehouse.
Grain wheat. oats, rea reea, .au
2.40: corn. California yellow, 93.153.40;
barley. No. 1 feed, 1918 crop, $2.60 $2 2.70.
Hav Wheat or wheat and oats, sioois;
tame oat, 9171!; barley, $U14; alfalfa.
10 j itt; barley straw, f."fTguc oaie.
Half Million
Bill
SHEEP AT
CO-OPERATIVE SHIPMENT FROM
FORTX-EIGHT OWNERS.
Motor Transportation of livestock
Is Being Developed in East
ern Washington.
One of the featurea of" the" sheep trade at
Omaha recently was the arrival of a. co
operative shipment from Idaho. The con
signment consisted of 869 head of sheep
and lambs gathered from 48 owners. The
shipment comprised about every class of
sheep and lambs and tt had to be divided
Into 143 drafts for species and ownership.
Each owner had a different brand, and, as
a man accompanied the shipment with a
tally sheet, there was little difficulty ex
perienced In weighing up the animals. Co
operative shipping of western sheep is some
thing new according to traders on that
market, but it Is anticipated that tha suc
cessful sale of this particular consignment
will do much toward encouraging mis prac
tice and will help the small rancher to get
full market value for his stock.
, A recently organized motor transportation
company -of Spokane is an innovation in
the transportation of livestock and other
farm products to market. Tha company is
capitalized at 9100,000. Motor truck trans
portation of farm products has been devel
oped extensively by individuals in all parts
of the country, however. The Highway
Motor Transportation company is the first
attempt in this territory to enter the field
as a common carrier with regular service.
All employes of the company are stock
holders, and the officials are experienced
motor truck and railroad men. The com
pany is operated oa a strictly railroad basla
Tie same classification with few exceptions
and the same freight rates as charged by
the railroad companies apply to the same
points, or points equl-distant. Regular
service Is maintained over 12 routes follow
ing the highways diverging In all directions
from Spokane, from 10 to 83 miles in length,
and when tha traffic Justifies special trips
are made over other routes to and from
points as far distant as 114 miles from Spo
kane. There was only a small run Of four loads
at the local yards yesterday and trading was
small. Hogs, sheep and lambs continued
firm, but cattle were weak.
Receipts were 27 cattle, 04 hogs and 413
sheep.
The day's sales were as follows:
Wt Frlce.l wi. -nc.
14 hors.
3 hoes.
211 $19,801
l cow. . . e.vi 9 7. so
20 JH.oOl
1 cow... 950 7.75
1 eow... 870 6.25
4 hogs.. 195 19.801
12 wethers s
8.801
3 hoirs... 228 19.50
4 hogs... 185 19.50
4 lambs. 58
11.001
t lumhs. A4 13.50 R2 lambs.
aa.ou
7.50
8.00
8.75
8.00
5.0U
8.00
7.75
172 wethers 94 8.501 3 yearl.. 105
a wethers 100
O.OUI 15 yearl.. o
33 ewes.. 90 8.001
7 lambs. 64 13.50
65 yearl.. iv
32 wethers ll'J
4 lambs. 88
12 wethers 95
11.00
2 ewes., eo
4 ewes.. 102
7 ewes.. 99
8.501
3 hogs.. 277 17.001
1 cow... 880 8.50
Prices at the yards were as ioiiowb:
Good to choice steers $10.50911.50
Medium to choice steers 10.0010.50
Fair to good steers 8.75(9 S.75
Common to fair steers i.7o 8.75
Good to choice cows, heifers.... 9.5010.00
Medium to good cows, neirers... o.oi'os r.w
Fair to medium cova, heifers. . . 4.50 5.50
Canners 3.00 4.00
Bulla o.uuffli b.ou
Calves 9.0013.00
Blockers and feeders 7.UUO10.UU
Hogs
Prirte mixed 19.23fl9.60
Medium mixed 19.00 919.25
Rough heavies 18.0018.75
Pigs 17.25 17.50
tiheej)
Prime sprine lambs..: 11.5013.50
Prime spring lambs..: ll.5OW13.00
Fair to medium lambs 9.00 4 10.00
Yearlings 6.004D 8.75
Wethers 7.00 7.50
Ewes 8.O04J 7.50
STATE ORIGINS OF LIVESTOCK LOADED
Shipments to the Leading Markets of the
Pacific Northwest.
State origins of livestock loaded June 20,
1019: ... .
Cattle rlorses.Aiixea
Calves. Hogs. Sheep. Mules. Stock.
Oreffon
Washington
Totals Portland 1
One week ago. . 4
Four weeks ago 19
One year ago.. 2
For other markets
Seattle. W.sh......
10
Spokane. Wash. 3
Totals V. S 1035
One week ago.. 1373
Four weeks ago. 1870
One year ago.. 1753
1
1606
2083
1832
2045
BOt
582
288
501
189
291
307
302
88
105
Chicago Livestock Market.
CHICAGO. June 20. (U. S. Bureau of
Markets.) Hogs Receipts 19,000, market
uneven but mostly 25 to 50c higher than
yesterday's general trade; top, $20.65; bulk,
$19.76020.50; heavyweight, $19.8520.50;
medium weight. $19.8020.80; lightweight,
$19.7520.65; light light, $1820; heavy
packing sows, smooth, $19.2519.80: pack
ing sows, rough, $18.7519.25: pigs, $17018.
Cattle Receipts 3000. Beef steers strong;
she stock stesdy; bulls big quarter lower;
calves and feeders steady. Beef steers, me
dium and heavyweight, choice and prime.
$14.8515.25; medium and good, $12.5015:
common. $10.8512.65: lightweight, good
and choice. $18.15)14.85; common and me
'dium, $10f13.25; butcher cattle, heiefers,
$7.7313.25; cows, $7.1512.75; canners and
cutters, $6.257.50; veal calves, light and
handyweight, $16.5018: feeder steers, $9.25
012.75; mocker steers. $912.
. heer Receipts 14.000. market very dull.
Fourteen Points of the Bond Business.
No. 8
You'll Never Find Them Napping
. The members of the buying department of a modern trust com
pany are extremely alert. Very few, if any, prospective improve
ments which are to be financed by bond issues escape their notice.
Constantly these men, trained by years of executive experience
in financial matters, are in search of opportunities to lend money in
large amounts. In buying bond issues a trust company employs
capital which is to be replaced in the company vaults as soon as the
individual investors participate in the transaction by purchasing
the bonds and which is then immediately available for the next pur
chase of bonds. But the opportunities for these investments would
not be open to the public except for the trust company's inter
mediate relation between the original seller and the ultimate buyer
of the securities. '
Nearly every large bond sale in the West is attended by repre
sentatives from a dozen or more financial institutions, and some
times by buyers from the extreme East. These men know in
advance whether or not a contemplated investment is safe, and
their bids are based upon a knowledge of what the individual
investors, through the selling departments of their respective organ
izations, will pay for such bonds.
The Lumbermens Trust Company buys and sells bonds not only through
its Portland, San Francisco and Seattle off ices, but also throughout the West.
A line drawn across the country from the Dakotas to Texas would designate
in a general way the territory our representatives cover. The company is en
gaged very largely in financing the development of the West. It also buys in
the East and in foreign countries in order to diversify its offerings and meet
fully the needs of its clientele. '
Lumbermens Trust Company
Lumbermens Bldg. Fifth and Stark
in Capital Hundred Thousand
Liberty and Victory Bonds
IK YOU MTST 8KIX YOUR LIBERTY AND VICTORY. BONDS, SnXTOrj.
IF YOU CAN BUY MORE LIBERTY AND VICTORY BONKS. BU FROM U
On Friday, June 20th. the closing New York market prices were as given below.
They are the governing pricea for Liberty and Victory bonds all over the world,
and the hlchest. We advertise these prices daily in order that you may alwaya
know the New York market and the exact value ot your Liberty and v tctory bonds.
Victory ictory
Stts 1st 4s
Market price $99.32 $94.90
Accrued Int...... .OS .07
:d 4s
$94.00
.40
Total $99.88 $94.97 $94.40 $95.37 $94 1 $94.2$ $94.98 $100.13 $lo0.7
When buying we deduct 87c on a $50 bond and $2.50 on a $1000 bond. We sell
at the New York market plus the accrued Interest.
Our Liberty Bond department Is open on Saturdays until P. M.
MORRIS BROTHERS. INC.
THE PREMIER MUNICIPAL BOND HOI SK.
S09-S11 Stark St., Met. 5th ana 6th. (Ground Floor.
Telenhone Bnedwu SIM.
Government and Municipal
Bonds
Bought and Sold
fcl.pevereaux Rtompany
87 Sixth Street Broadway 1042
Ground Floor Wells-Fargo Building
Lambs and yearlings dollar lower than
yesterday; heavy sheep almost unsaleable.
Lambs, 84 pounds dewn, $15.2517.60; culls
ana common. s.ouflyio; yearuns
J7014; ewes, medium, pood and choice, $.5Q
as en. it- . 'i frw. R i
IfFO.tfVa CUelsft tUIU' LUUiuiuu, ,uWv.-v.
Omaha livestock Market.
OMAHA, June 20. (U. S. Bureau of Mar
kets.) Hogs Receipts tMKM). steady to 15c
higher. Top. $20.35; bulk, $20-20.25; heavy
weight, $2020.15; medium weight, $20.10 &
20.35; lightweight. $2020.25; heavy pack
ing sows, smooth. S19.90920.10; packing
sows, rough, $19.7520; pigs, $17.2510 18.75.
Cattle Receipts 3S00. Beef and butcher
cattle fully 25c lower. Choice yearlings
and veals steady; feeders -weak. Beef steers,
medium and heavyweight, choice and prime,
$1415; medium and good. $1214.25; com
mon, S10.25 12 25; lightweight, good and
choice, $13 15.25; common and medium.
$ 10 13.25. Butcher cattle, heifers, $7.50
1 2.75 : cows, $7 12 ; canners and cutters,
$5.50 'Si 7; veal calves, light and handyweight.
$11! ft' 14; feeder steers, $10 13.25; stocker
steers. $612.
Sheep Receipts 3000. market B075c low
er; lambs. 84 pounds down, $.1517.50; culls
and common, U14; yearling wethers, $12
Qi 14; ewes, medium and choice, $708; culls,
and common, $3.5007.
Seattle Livestock Market.
SEATTLE. June 20. Hogs Receipts 148.
steady. Prime $20.10(ff20.25; medium to
choice $19.7520.; rough heavies $17.75
18.25; pigs J 1 7.75 1 8.70.
Cattle Receipts 241. Steady. Best steers
$11 12; medium to choice $10 11 ; com
mon to good 710; best cows and heifers
SHifrlO: common to good $57.50; bulls $5$
7 50; calves $712.
TENDENCY OF WOOL VALUES UPWARD
Buying In West Is Steady With Prices
Firm for Best Grades.
BOSTON, June 20. The Commercial
Bulletin tomorrow will say:
While there has been no msrked change
so far as prices at the seabosrd wool mar
kets are concerned, the tendency of values
Is still upward, more especially on finer
wools. The markets abroad all are firm,
especially in England, except on the medium
wools grading below 50s. The mill situa
tion is very strong and some prices are
being named for the lightweight season on
standard goods. Buying In the west has
continued steadily with prices firm for the
best wools and in the fleece wool sections
a littlo higher for delaines.
Scoured basis: California, northern. $1.5o
1.80: middle county. $1.4001.45: southern.
1Orego'n Eastern No. 1. staple. $1.8851.72;
eastern clothing, $1.401.45; valley, No. -1,
$1.5581.58.
Eastern Dairy Produce.
CHlfAfJO. June 20. Butter. lower. Cream
ery 45 50c. ..
Eggs unsetueu. neceiH;. I?;
firsts. 3941c; ordinary firsts. 37038HC
at mark, cases included. S730c; storage
packers. 42: extras, 43c.
Poultry Alive, higher. Fowls, 27c.
NEW YORK, June 20. Butter steady; un
changed. ttggs ateaoy. unciwis.
Cheese Firm, unchanged.
. . -. . . - on Tnrn.nllnR
barrels; iniiHneiiui
barrel. . A,m. ----ints SAO
barrels; .hipment. 360 barrels; stock 00.50.
STV F $15 40: -G tlsTW: H. $15.00: I.
tIsOT; K. $16: M, $16.50; N. $18.60; WO,
$10.S5: WW, $17
Cotton Market.
h.-kw YORK. June 20.-5-Cotton, spot oulet;
middling 33.15c.
. New York Sugar Market.
NEW YORK. June 20. Sugar unchanged.
Dulnth Linseed Market.
TvrT.TJTH. June 20 Linseed 4..V';.
in Surplus
1st 4Vis !d 4Hi Sd 4H 4th 4s 3s 4s
S93..10 $94.18 $9.V10 $94.20 $100.20 $ 99.9
.07 .43 .78 .i3 .41
JEatabtlsned Over U
Notice
To holders of United States
Treasury Certificates of Indebt
edness of Series V. G Dated
February 27, 1919, and Maturing
July 29, 1919:
All United States Treasury
Certificates of indebtness of
Series V. G., Dated February 27,
1919, and maturing July 29,
1919, are hereby called for Re
demption on July 1, 1919, at par
and accrued interest pursuant to
the provision for such redemp
tion contained in the certificates."
On July 1, 1919, interest on all
Certificates of said series will
cease to accrue. Holders of Cer
tificates of said series shall
nevertheless have the privilege
of exchanging such Certificates
on or before July 1, 1919, at par
with an adjustment of accrued
interest, for Treasury Certifi
cates of Indebtedness of Series
T 4, dated June 3, 1919, ma
turing September 15, 1919.
CARTER GLASS,
Secretary of the Treasury
CLACK, KEND.LL SCO.
Government, Municipal and
Corporation Honda. .
Corner Fifth and Stark '
Streets.
LIBERTY
BONDS
We recommend the pur
chase of Liberty Bonds and
are prepared to fill orders
in any amount.
If you have Liberty Bonds
to sell, "we will buy them
from yon at highest prices,
depending on New Yonk
market quotations received
by wire daily.
illllllllimilllllllllllllllllllllllllllllllllllll:
HEADQUARTERS
S E
1 LIBERTY BONDS 1
We BUT AND SELL any
amount. New York quota-
5 tions by wire every morn-
5 ingr. Yesterday's quo-
tations, interest included:
E 3'6s.. $99.37 ' E
FIRST 4s.. 94.9S
5 SECOND 4s.. 94.39
K1RST 4U.. 95.36
SECOND 414s.. 94.59
E THIRD 4Us.. 96.22
FOURTH 4 Via.. 94.97
E VICTORY 4 . .100.57
5 If necessary to sell your bonds,
bring- them to us. Wa pay
highest local pricea.
1 ROBERTSON &EWING 1
20T-8 It. W. Rank Bide
Frank Robertson H. C. Kwlaa
IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIHHIIHIIIli?
FACTS XO, 40
CONSTRUCTION
ADDS WEALTH
We are through with war
and the road to prosper
ity lies invitingly ahead
of him who will seize his
opportunity. There is no
form of development that
adds to the wealth and
attractiveness of a com
munity like pood roads.
Economl cally. socially,
- educationally and spir
itually a road reaches its
height when paved with
BITULITHIG
g WARREN BROTHERS
U COMPANY
- Journal Bnlldlnar, Portland, Or.
J. B. Steinbach & Go.
TfCKB. BONDS. COTTOW, GRAIN.
201-2-B Hallway Exchange Building.
E. V. Hotton Co.' Coast -1 - caasl
Avcasea wire.
Accounts Carried ConaerratlT
rsrlaa. . . .
Tela. Mala X83 - XS4.
r