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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (June 24, 1919)
THE MORNING OltEGONIAX, TUESDAY, JUNE 24, 1919. 2f WESTERN PEACH CROP IS LARGEST IN YEARS Increase in Production of 37 Per Cent. ' STe: Pacific nut, 40c 1918, CSeSOc: 11T. S3 OREGON CONDITIONS FINE Total Held mated at Affainn S In Cnlted States Estl 30,830,000 Bushels, 0,378,000 Last Year. Ths tami of crop estimates Iss-ud Itl sscond Quantitative forecast of tho strictly commercial peach production (or tho United States based upon the condition of the crop Juno L The condition of the peach crop has traderg-one considerable chance since Mar 1 notably la the eastern and northern state where the crop will not reach earlier rxnectatlons. This hsa been doa to very evere damace caused by curl lea and brown rot. The curl leaf baa decreased the pros pects of the northern Ohio peach crop nearly SO per cent. New Tori-, althouth ufferlns to a less decree, promises fully 1000 cars less than a month ago. Western Maryland and other parts of the middle At lantic states also haTa serero Infestation of brown rot and curl leaf. The southern crop indicates no notable chance, the Georcla estimate Increaslnc a few hundred cars. The most salient feature of the report la the Tery larce crop In the far west, which promises to exceed that of former years. There Is now Indicated In the United States a total crop of SO.8CO.000 bushels as compared with S0.57S.OOO last year, or SO n-r cent Increase oeer the comparatively nht crop of 191S. The crop west of .the Korkies promises 4.iiO cars ss compared lth S3.SOS cars last year. Tho soutnern crop. Including Missouri. Arkansas and Okla homa peaches, promises 13.230 cars as com pared with lUTli ears last year. This In vrraso Is due to the larce crop In Arkansas and snrroundinc territory. The crop from the middle Atlantic states promises 6724 cars as compared with 4204 cars last year, while that for the northern states promises 770 cars ss compared with 16SS cars last year. Juna reports confirm earlier estimates for a record peach crop throuchout all the western states. - There Is now sn estimated production of H.8-M.OO0 bushels ss compared with 13.(10.000 bushels last year, or an Increase of 37 per cent. Conditions have been especially faTorable for peachea and all reports emphasise ths record slxe and ex tremely fine quality of the fruit. , Details for the northwest follow: Oregon All advices from Orecon empha sise tbe exeelleat conditions. There will be no great quantity of commercial peaches shipped. Washington The crop for ths stats is eatlmated at (0 per cent aa compared with US per cent In 1918. Various reports from the Taklxna valley Indicate considerable In jury from frost and heavy drop. Ths en tire valley. Including Benton county, will ship over 2000 cars, aa compared with about SCO cars in 1918. The Wenatchea val ley has prospects for about 300 cara, or the earae as last year. Idaho Peach prospecta are cenerally good, although this stats ts of little Im portance as a commercial peach state. There Is an estimated production of about 40 cars around Council and about ISO cars in the Ummet district. STEADY TO-VE IX LOCAL GBAIN MARKET Bank Clearing. Bank clearings of ths northwestern cities Juno 23, were aa fallows: Clearings. Portland $3,451,510 Seattle .". ,1 68.142 Tacoma 72.016 Spokane 1,663.249 Balances. 11.416.874 1,216.945 231.756 S70.440 PORTLAND MARKET QUOTATION'S. Grain. Floor, Feed. Etc. Merchants' exchsnge. noon session: -Bias STOCKS LITTLE AFFECTED GERMANY'S ACTIOX IOXC AGO DISCOCXTED BY TRADERS. Jnne. July. Aucust. J2:7S 133.00 353.00 53.50 53.50 54.00 54.00 .10.00 50.00 51.00 50.50 69.50 69.50 68.50 68.50 e , 82.20 per No 2 whit feed.. rlarley Standard feed 53.00 Standard, "A" 54.00 Eastern oats and corn, bulk: Oats No 3 white 50.00 38 pounds clipped whits 51.00 uorn . . No. 3 yellow 70.00 No. 3 mixed 69.00 WHEAT Government basis, bushel. FLOCR Patents. $11. 45 delivered. $11.80 at mill: bakers'. $11. 13611.30: whole wheat. $10.23 e 10.4.T; graham. $10,004 10.20. MILLFEED Kill run f. o. b. mill, carlots, $37138 per ton: mixed cars. $37.50 0 38.50: ton lots or over. $30 940: less than ton, $409 41: rolled barley. $C0t62; rolled oats. $61; ground barley. $60. CORN Whole, ton. $75; cracked. $77 per ton. HAT Buying prices f. o. b. Portland: Eastern Oregon timothy, $364737 per ton; ifalxa, $6; valley grain hay. $25. Cera sad Barley Bids Raised for July-August Delivery. Ths local grain market was steady, but vary dull. Corn and barley ranged from un changed to SO centa higher than Saturday. There was no change In oats bids. Weather conditions la tba middle west, aa wired from Chicago: "Minneapolis, cloudy, 70. Duiuth. light rain last night. Fergus rails. Minn, cyclone in this district, loss of lire heavy. Illinois, cool, cloudy. Daven port, cloudy, warm. 73. Kansaa City, clear, not. Tope a, clear, fine, showers last Bight. Hutchison, clear, hot. Forecast: Grain belt Generally fair and warmer all states ex cept Illinois, thondsrstorms tonight, Tues day, fair, warmer." Australian wheat shipments last week were $48,000 bushels. Terminal receipts. In ears, were reported by ths Merchants' Exchange as follows: Wheat. Barley.Klour.Oats.Bay. Portland. Mob. 14 Tear ac .... 4 seaon to data 7-9 Tarago .... $918 Tacoma. Satur. 13 Tear ago .... .... season to data BMS Tear ago .... 5563 Seattle. Satur. Tear ago Seasoa ts data $484 Season to data 644 Tear ago .... 4468 SALES OF BCTTXR AXE XOT rCSHED Cabs Marks Is Lower and Blacks so Street Dairy and Country Produce. BUTT ICR Cubes, 92-score, 51c; 91-score, 50Hc: 90-scor. 50c: prints, parchment wrappers, box lota 53c: cartons, 54c; half boxes 4e more: less thsn half boxes, 1c mere; butterfat. No. 1. 51452c per pound, station. EGGS Oregon ranch, ease count, 43 J 44c; candled. 46c; selects, 47c. CHEESE Tillamook, t. e. b. Tillamook: Triplets. 34c; Young Americas. 35c; Coos and Curry, f. o. b. Myrtle Point, triplets. 33c; Tonne Americas. 34e: longhorns. 3-lc. POULTRY Hens. 2Tc; broilers. :iJc geese, ducks snd turkeys, nominal. vkal Fancy, - I c per pound. PORK Fancy. 26 He per pound. Fruit and Vegetable. TRL' I TB Orangee. $6.0O6.75: lemons t7f8.23 box; bananas. 99o per pound; apples, new. $4 per box: grapefruit, $5.7&&6; strawberries, $2.50; cherries. 80 15c per pound: cantaloupes, $1.50 0 2.50 per crate; apricots, $2 02.50 per box; peaches, $1.75 per box; watermelona 3e per pound; plums. $2.50 03 per box. VEGETABLES eaonace. eecre.w per ivu pounds: lettuce. $2.2502.50 per crate; pep pers. 40cir50c per pound: artichokes, 73c; beets. $343.50 per sack: carrots. 3X75 0 4.25 per sack: turnips, e3r:i..o per saca; cucum bers. $1.2501.73 per dozen; tomatoes. $1,850 2.30 box; spinach. 8c per pound; peas, llc0 13c per-pound; rhubarb, 708c per pound. POTATOKS Orecon Burbanks. best. $20 2,25: new California. 406c per pound. ONIONS California, red. Ec per pound, ears solllne 60 S 0 35 H c Storage Increase Rtapls Cifweerlea. T.ocal jobbing quotations: SUGAR Sack basis. Fruit or berry. $9.65: beet, $0.53 Honolulu cane. $9.60: ex tra C. $9.15: powdered In barrels. $10.25; cubes In barrels. $10.45. KITS wunuts, 27035c: Brasll nuts. 85c; filberts. sac; almonds, 24(30c; peanuts, ll13c. SALT Half-ground. 100a. 816 per ton; 50a. $17.25 per ton: dairy. $23 per ton. RTCE Japan style, 9c; blue rose, 10c; head, 12ft per pound. BBANS Buying price, larce white, 60 54c pr pound: red. 4c per pound. COFFEE Roasted, In drums. 55 030c. Hops. Mohair. Etc H&PS Orecon. 1918, 43047HO; 191T crop, $2Hc: 191$ crop. 20c per pound: 1919 con tracts. 374e: three-year contracts, 80c. WOOl. Eastern Orecon and Washington, 40O57o per pound; valley, 400 55a per pound. uoHATlt 1911 cllo. 6Se per pound. Til.liw No. 1. 8Ue per sound: No. 2, 6ic per pound; grease No. 1, Site; No. 2, SVjo per pound. CA8CABA BARK New. 10a per pound. GRAIN BAGS la carlots, 13c Prices Follow Irregular Coarse During Day Slight Changes In Bond Market. NEW TORK, June 23. The' laneuid man ner. amounting to almost Indifference, with which Wall street today received the news of Germanya unconditional acceptance of the peace treaty, offered ample proof that men financial circles had long ago discount ea that momentous event. stocks were strong at the outset, leaders gaining l to 4 points on week end accumula tion of buying orders, presumably for In terior account, but prices were soon ma terially Impaired on what apparently was runner cashing In of profits. An uncertain rally, which ensued before noon, waa followed by another and more severe reaction, the list Improving variably later. At Its best, however, the market waa only moderately active, the total turnover and number of Issues traded In falling far short --. vApsnaive sessions. Standard shares, such an fitvtmnf n. shippings and seasoned industrial derfvw little benefit from the dava ...raH... k . motors, oiis, tonaccos and food luues asserted mucn of last week's suprem acy. Equipments also contributed to the higher levels with low grade transportations, minor meiam ana sundry specialties, notably In dustrial Alcohol, American Woolen and Co- iurnoia uas. . . Call money's unexpected advance from to s per cent was a factor at the Irregular t,uot amounted to l.zio.ouu snares. Translated in terms of foreign exchange. Germany's surrender was without effect. asme imm sngnt recoveries In rates on Lon don and fans. Domestic advices Included further optimis- reports regarding general business from western points. International war Issues registered no ma terial alteration and liberty bonds showed only slight changes. Total sales, par value, (8.875.000. Old United States bonds were un changed on call. CLOSING STOCK QUOTATIONS. Sales. High. Low. Bid. do 4s reg. Bid. .106 tAnglo-Fr. 6s . .97 ! Boston Mining Stocks. BOSTON, June 23. Closing quotations: Alloues 41 Aria. Com 14 Cal. and Ariz . . 68 Cal. and Hecla. .405 Centennial 16 Copper Range ... 50 H Am Beet Sucar. 1.400 Am Can 17.500 Am Car A Fdv. 9,700 Am H Ac L Pfil. 5,400 Am Locomotive. 12,400 Am Sm A Htg. . 6.000 Am Sugar Hfg.. 2,000 Am Sum Tobac Am Tel A Tel.. Am Zinc, LAS Anaconda Cop.. Atchison At. U A W I 8 S Bald Loco Bait A Ohio... Beth Steel "B". B A Sup Copper. California Pet.. Can Pacific Central Leather. Ches A Ohio... C. M A St P. .. . 0 A N W C. H I Pae. .. Chlno Copper. .. Col Fuel A Iron- Corn Products.. crucible steel... Cuba C Sugar stand- 25 V, 0 28V4C 2 13 S i m 4 HIS 20O9 T10 8236 624 1434 1572 2SJ5 3 "io I'.'.', "ioi 12.-.5 107 .... 305 161 9 8 110 1738 640 "376 HO 1738 640 2576 $44 1783 1LV 8140 Ths cubs butter markst waa uncertain and dull at prices 1 cent under Saturday, Trading was limited to small lots for local consumption. There was little demand or effort to sell. Prints sold at the reduced prices already announced. la spits of 45.776 pounds moving Into storace. ths unusually lares receipts reused a material Increase In street stocks. Receipts Saturday were: Pounda California a.M0 Idaho $l.in reca ....9.640 Waaaiactoa 140 Total 5O.OS0 Cheese receipts Saturday were $6,230 rousda from Oregon. 2310 from Washington nl 790 from Michigan. M PPLY OF CANTALOCPES IS HEAVY I .oral Markets Weak and Lewse -Cherries h Lares seipply. Supplies of cantaloupes were heavy and the Jobbing market waa somewhat lewer. tandards selling mostly st $2.73. Kight jrs were started for Portland on Saturday tl Sunday. Five cars of melons were slso hipped to this city. Local melon prices Mere uachanced. Chemea vert weak at a pries range of 8 to 13 centa Receipts Included $00 boxes be express from Oregon and 800 from Cali fornia. New potatoes were lower ttltftet pound. Old stock was firm at $2 02.23. lABMKKS XOT BCVING SRAIX BAGS at 1$ Cents Raia Weald Market Is Ftrsa Ad Ths grain baa market remains stesdy at 13 cents. There ts aot much activity at the msmeat. The country has not boucht Its re quirements, as farmers are holding off until ths last moment in ths hops of favorable ssarket developments. The supply Is not aver plentiful, probably an even break: aa crop prospecta ara now. Kneuld there bo rain la tbe craln belt and a a Increase In the demand for bacs, there is no queetioa but that the market would iirm ap and go be joe d is centa la short erd-r. Ecc Swplaa la I or reading. Tbe egc market was unchanged at Satur day's prices. Then waa little alterattoa la the storace situation and street stocks tn , rcaseU to $601 cases. Receipts Saturday wre $26 cases from Orecon. 54 from Wash tnc'oo. and 26 from Idaho. Hops at New Yerk. NKW YORK. June 23 Hope, firm: state m'utura to choice. 1918. 47 0uc; 1917. 37 0 Provisions. Local Jobbing quotations: HAMS All sixes, choice. 42 V4 0 43c ard. 42c: skinned. 330 36c; picnic. 29 e: cottage roll, S6c LARD Tierce basis. 86c; compound. per pound. DRY SALT Short, clear backs, 36033c; plates. 27 0 29c; exports, 81c BACON Fancy. 53055c; standard, 469 49c; choice, 37 0 42c. Bldea and Pelts. Hinrl No. 1 salt-cured hides. $6 lbs. and an, 20c: No. 1 part-cured hides, 30 lbs. and up, 18tic; No. 1 green hides, SO lbs. and up, 17u; Nc 1 sail-cured ouu nines, ou ids. and up. J4c: No. 1 part-cured bull hides. SO lbs and up. 11c The price on No. 3 hides will be lo per pound lees than on No. l. No. 1 calf skins, as to 10 ids. ac; rso. calf skins, up to 15 lbs.. 43c; No. 1 kip skins. IS to 25 lbs., 25 ; No. 3 kip sains, la to ;o lha. 2:1c: drv flint hides. 7 IBs. ana up. 3c dry flint calf hides, under 7 lbs., 40c: dry salt hides, 7 lbs. ana up, sec; ory salt can hides, under 7 lbs.. 84c: dry flint stag or knii hides.. 20c: dry salt hides. 14c: dry bull hides and skins, hair price; dry horse hides, according to size and quality, each $1.5003: salt horse hides, skinned to hoof nd head on, $3 0 0; norse niaes wim nesns Off. 60c less. PELTS Dry long-woo 1 sneep pelts, per lb., 25 0 83c: dry medium wool sheep pelts, per lb., 2O0$Oc; dry shearing sheep pelts, esch. 50 0 75c; salted long-wool sheep pelts, each. $205; salted medium wool sheep pelts, each, SI 02; aalted shearing aheep pelts, each. 80075c SAX FRANCISCO PRODCCE MARKET Prices Current sm Eggs, Vegetables, Freeh Fruits. Etc, at Bay City. SAW FRANCISCO, Juna 23. Butter. 65 He. Eccs Frssa extras, 65c; extra pullets, 46,c Cheese Totma Americas. SSVio; new firsts unquoted. Vegetables Asparagus, graded. 10011c; eccplant. lO017He pound: peppers, bell. 15U17HC larce: 8010c email; chile. 10015c; squash, summer, 85c0$l box: tomatoes, Mex ican. V2.OO0Z.7S dox; potatoes, new oeita, $2.2502.73 box; rhubarb, $208: onions, green, 31.750 3 box: new red. $404.23 crate; green peas. Half Moon Bay. 9to01Oc; cu cumbers southern. $1.75 0 2.00. small: $3.50 43.73 large, box: string beans, 2002211c pound; wax. 13?13e pound: pole bean a. 12 013c: lima. 12H015c: green corn. Ala meda. $IVOO07.OO sack; okra, 1O012VC lb.; garlic. 15016c pound. Fruit Lemons, $6.00 0 7.00: oranges, $4.50 05: grapefruit, tt04.5O. fancy; bananas. 7', 0Sc: pineapples. $::04: pears, $1,250 l.:5. small box: plums. $1.501.73 crate: fancy st $2: spples, Newtown Pippins. $3.59 0.1.73; watermelona $2ij43c pound; cur rants. $12013.50: loqnata. 608c; peaches. $1 tel. 25 crate: flea, black. 1101.25 single- layer box; strawberries. SI4016: loganberries. red. $7010: black. $01 chest: oiacKoer rlea, $1401.1; cherries, Roysl Ann, 1012e pound; Bine. 14015c; apricots. $1.0001.50 crate: roose berries. 9010c; cantaloupes, $2.23 0 2.50 standard crate Recelpta Flour. $2r. quarters: barley, 10.557 centals: beana 2402 sacks; potatoes, 619 sacks: onions. 757 sacks; hay, 815 tons; hides, 78; wine. 17,too gallons. COAST AND EASTERN DAIKT FRODCCK Batter Market Conditions at Leading Dis tributing Points. San Franelsro and eastern dairy produce reports re-elved - by wire by office of the foilow: . Boston. Momlnc msrkst weaker, after noon firmer with prices little hicher. a'ars offerinc at 61-32C and one fancy car sold at 62c Vnsalted In good demand at 55-56c. Small trade very cood. Chlcaco. Market firm today, few sales 92 score at 501. but majority at 50c; 86-57-ecore In good demand, centralised cars in fair supply. Sellers holding largely for 5014c. New York. Tradlnc quite active market firm. Quotations unchacced. Centralised cars selllnc i0w-61Hc. Storkcs Increase light. Saa Francisco. Trading was light and pricea declined 2 cents on a, weak market. A further decline seems to be expected; 93 score 53c. ( Moawy, Kxehsutcs, Etc. NEW TORK. June 23. Mercantile paper. SH03 per cent. Sterling. OO-day btlhm, $4.5S!e commercial. 60day bills, $4.67; demand, $4.60: cables, $4.61 V. Flaaoa, demand, 6.42: cables, 640. Guilders, 'demand. 38H : cables, CP's. Lire, demand, 8.08; Cab lee, 8 06. Tims loans strong; all dates 84 06 per cent. Call money strong: high. 8; low. 6; rul ing rate, 6: cloelnc bid. 6i; offered at 8; last loan. 6H per cent. Bar silver $1.10. Mixican dollars, 85c the Portland bureau of mark e la yesterday Plst Sec Corn. 800 1.100 8,600 1.100 1,900 41,800 1.800 15.400 2,200 .100 900 14,200 KOO 300 300 1.800 2.1IIO 1,1'Kl 7.1.BOO li9IM 1.200 26.300 1.200 600 34.4(10 1.100 700 Gen Electric... Gen Motors... Gt Nor Pfd... Gt Nor Ore Ctfi Illinois Cent Inap Copper. . . . 6.4O0 In Mer Mnr Pfd 8,900 Inter Nickel.... 42.7O0 Inter Paper 2.800 Ken Copper.... 6,100 Louis A Nash.. 200 Mex Petroleum. 16.900 Miami Copper.. 600 Mldvale Steel... 6.100 Missouri 1-ac... 19,300 Montana Power. 200 Nevada Cop.... 600 N Y Central l.ooo N Y, N HAH, 200 Nor Western. 700 Nor Pacific Pacific Mail 400 Pan-Am Pet.... 8.70O Pennsylvania .. 1,400 Pitts A W Va.. 4.3O0 Pittsburg Coal.. 1)00 Ray Con Copper 2.000 Reading 4.000 Rep. I A Steel.. 2.300 Sin Oil & Refg.. 84.900 Southern Pac. .. 9.000 Southern Ry... 1.800 Studebaker Corp 67.900 Texas Co 3.300 Tobacco Prods. 23,900 Union Pac 1.200 I'nlted Ciirar St 12.6O0 IT s IneT Alco.. 13.100 IT S Steel 110.100 U S Steel. Pfd.. 1.4O0 T'tah Copper.... 6.100 Westing Eiectric .1.900 Willys-Over Royal Dutch.... 88 5S4 112 . 127-4, 86 ' 82 V li5 106 tj . 73 100 179S 1064 52 804 2S .16 16214 107! 66 4.1 "i 101 "i 28 V. 4H 434 774 9514 33 1 82 S 18H 165 ii 241 974 47 60 119 33 6A14 39 '4 117"t IRS 28 62 34 77 1014 80 31 108 40 07-4 4H 414 03 Is 24 4 8S4 noi 04 4 107 .10 IO8J4 lon'j 1334 14 136 14 0S4 1164 sn r.714 36 -4 116 87 M :n 'n 84 K 81S 13314 103 K 22 Is 72 9!)!4 177 103V4 61 86 27", 3514 162 1044 65 V4 4.1 14- lot 27 45 4714 72 92 4 34T4 804 18' 163 22l 9714 4614 50 U 1164 31 14 6514 39 4 11714 JS3 27T4 61 14 .1214 77 194 80 4 At 10714 .ifi" n.-.4 4614 .19 "4 8714 804 62 '4 10fi4 214 10114 271 105 111V 18214 ir,2 107 116 87 J 564 354 11314 8714 57 ii 110 125 't S.-.14 81 4 l.'ll Is 11314 221, 724 . '.', '17814 10414 51 874 2714 .134 10214 1U4 V 6514 41V4 101 27H J?S$ 74 9214 35 8114 1814 163 24014 9714 44 99 00 116T4 3214 574 .1!)4 1174 181 27 53 .12-4 77 1!4 8014 31 1074 964 404 95 S 46 4 404 624 24 8714 8914 61 "4 1064 2114 105 27114 109 133 S 1644 1521i 1074 11!4 88 5714 854 11314 U. S. Lib. 3 lis.. do first 4s do second 4s. . do first 4Ms. . S.700 , 34,800 BONDS. .99.321 U. S. 4s eou 106 .95.001 Am Tel cv. 6s... 1034 .1)1.1)01 Atchen gen. 4s ...81H .93.40: D. A R. G. ref. 6a 6614 do second 414s. .9424 N. Y. Cen. deb. 6s 994 do third 4 b. . .Hn.i-r.or. ri& ss .....ei. do fourth 4 14s. .94.24 Nor. Pac. 3s 594 Victory 34s. .. .KlO.OO Pac T. A T. 6s. .'91 "4 Victory 4s tui.iio renn. con. tls.,,.ila U. S. ref. 2s reg. 99 14 Sou. Pac cv. 6s.. 108 do rer. 2s cou. .11914 sou. y- om at '4 do con. 3s reg. 9 Cnion Psc. 4s. .. .8514 do con. Iw cou. "o 1T. R. Steel 6...... 101 North Butte .... 1314' Old Dominion ... 40 lOsceola 54 Quincy ......... 67 Superior 84 Sud. ar Boston .. 314 East Butte 10 14 Shannon 314 Franklin 4 Utah Con. 1014 Isle Royalle .... 35 Winona 1 14 Lake Copper ... 414lWolverlne 1214 Mohawk 664Greene Cananea. 434 BIG ADVANCE IV COFFEl! FLTTRES Last Friers Are 99 to llf Points Net Higher at New" Tork. . 'NEW YORK, June 23. Tho market for coffee futures opened at an advance of 150 points, owing- to the continued and sensational strength of Brasll. This mads the full maximum price movement per mitted by the rules of ths exchange for any one day, nnd while at first the de mand was urgent at 24.55c for September and 24.00c for December, it was gradually supplied by the selling of old longs to take profits. This continued and prices reacted sharply during the middle of the day, with September selling off to 23.50c and December to 22.95c, or about 105 points from the early high level. As soon as the vohime of realizing subsided, however, the market firmed up cgain with September closing at 24.10c and December at 23.6oc, and with the general list closing at a net advance of 90 to 116 points. Closing bids: July, 24.20c: September, 24.10c: October. 2.1.95c; December. 23.65c: January, 23.60c; March, 23.45c; May, 23.35c. The spot market was reported too nervous and unsettled by the reactional fluctua tions In futures and in the Brazilian mar kets to permit of firm quotations. Rio 7s were said to be purely nominal in the neighborhood of 2514c and Santos 4s were reported nominal at 3O304c. Naval Stores. SAVANNAH, Ga.. June 23. Turpentine. quiet, f 1.01 ifl.04; sales. 350 barrels: re ceipts. 274 barrels: shipments, 1 barrel; In stocx, otiu oarreis. Roaln. firm: sales. 1623 barrels: reeelnta 588 barrels: shipments, 200 barrels; In stock, 55.082 bsrrels. Quote: B, $15; D, $15.10; E. $15.35: F. $13.40: G. $15.45: H $13.50: I. $15.60: K, $16.07'4: M. $16.674; N, $16.67.; WG, $16.9214; WW. $17.0714. PEACE NEWS IS FACTOR CHICAGO CORX GOES TO TOP PRICES OF SEASOX. Metal Market. TORK, June 23. Copper, strong; spot. 18c; futures. 18 & NEW electrlytic. 18 Wc. Iron, nominal: no. 1 northern. 29.50: No. 2 northern. $28.50; No. 2 southern. $28. Lead, firm; spot, 6.20c bid: July, fi.25 3.40c. Spelter, strong: soot. ft. 75c: Jul v. fl.7Sa 7.12c. New York Sugar Market. NEW TORK. June 23. Raw mnr. nteadv. Centrifugal, 7.28c;reflned, steady. Cut loaf. lu.auc; crushed, lu.lioc: mould A. 9.60c: cubes, 9.75c; XXXX powdered, 9.20c; stand ard powdered, 9.15c; fine granulated and diamond A, 9c; confectioners' A, 8.90c; No. soft. 8.85c Dried Fruit at New York. NEW YORK, June 23. Evaporated ap ples, firm; western, 21c; state, 20 21c Prunes, active; Caltfornlas. -!432c; Ore gon. 14 33c. peaches, steady; standard. 23c: choice. 24c; fancy, 26c. Cotton NEW YORK. June : middling, 33.50c. Market.' !3. Cotton, Active Buying Based on Assumption Germany Will Sign Treaty; Oats Market Is Weak. CHICAGO, June 23. Peace news today made the corn market ascend to the highest prices yet this season. Closing quotations were firm at c to 4c net advance, with July $1.83 to $1.83 and September $1.78- to $1,781. oats finished He off to up, and provisions down 2c to S5c. Although business In the corn pit was at an end before the fact was published that the peace conference had received formal notice Germany would sign, traders as a rule had assumed throughout the day that word of such action was assured. From the ODenlnz of business knowledge was wide spread that an extension of time had been flatly refused to the Germans, Active ouy ing resulted and no other Influence than the d ea.ee news cut much figure. ReaC' tions were, therefore, not of a lasting sort. Oats became relatively weak, owing to an Increase in the visible supply total. Besides, nothing was heard of seaboard demand. Sellinr on the Dart of -packers turned Drovision market down grade. Initial strength due to peace news was thus more than offset. Leading futures ranged as follows: CORN. Onen. High. July $i.e3 si.;. Low. $1-81 1.76 Close. $1.83 1.78 spot quiet; Duluth Linseed Market. DULUTH, June 23. Linseed, $4.8804.9L BUILDING TO COST $10,000 Cmpqna Fruit Union to Construct Concrete Packing Honse. ROSEBUKG, Or., Juno 2S. Umpqua Valley Fruit union has decided to erect a concrete and hollow tile fire proof packing; house in this city. 60x100, to cost ? 10,000, and work will begin at once. The building- will be finished in time handle this year's fruit crop. Ap proximately 40 persons will be em ployed at packingr-during the season, which will last from four to six weeks. One hundred car loads of Douglas county fruit will be handled at the local plant and will be shipped to the eastern markets. Apples and pears will be the main products handled. DAHO FARMER FOUND DEAD Charles BangleHorf Believed' to Have Committed Suicide. LEWISTON, Idaho, June 23. (Spe cial.) The body of Charles Bangle- dorf, for the past 20 years a resident of the Waha and Snake river country, was found Saturday in his cabin near the mouth of Red Bird canyon on the upper Snake river, a gunshot wound through tbe head indicating suicide, or possible murder. He was 65 years old, unmarried, and without relatives in this vicinity, so far as is known. Sept. 1.78 1.78 i 0AT8. Jnlv 71i T.ii .70T4 .71 Sept 70H .71 .70 Vi .70 MESS PORK. July 52.10-- 51. BO 51.50 Sept. 50.00 50.05 40.25 49.65 LARD. July S5.40 .15.40 S5.15 85.20 6ept 35.25 35.;0 ' 34.95 35.00 SHORT RIBS. July 28.32 28.32 2T.R0 27.8T Sept. 28.37 28.37 28.00 28.10 Cash prices were: Corn No. 3 yellow, $1.81 Yt 1.824 : No. !lnv. nominal: No. 5 yellow, nominal. Oats No. 3 white, 7114 72 14 c; standard, nominal. Rye No. 2, t.501.50. Barley $1.1291.22. Timothy 1912. Clover and pork Nominal. Lard $35.15. Ribs $27.50028.25, Minneapolis Grain Market. MINNEAPOLIS. June 23. Barley, $1.05 01.13; flax. $4.90 U 4.92. Grain at San Francisco. SAN FRANCISCO, June 23. Flour, $12.00 f. o. b. warehouse. Grain Wheat, $2.20; oats, red feed, $2.20 0240: corn. California yellow, J3.18W3.40 barlev. No. 1 feed. 1918 croo. J2 606:2.70. Hav Wheat or wheat ana oats. I6W1 tame oat, $17i19: barley, $1114: alfalfa, $1519; barley straw. 5080c bale. ' Lar-e Xoss In Wheat Stocks. Ths American' visible wheat supply com pares as follows: Bushels 11,887.000 563,000 15,659,000 42.647. 0O0 10.194,000 18.933,000 June 23, 1919 . June 24, 1918 June 25, 1919. June 26, 1916 June 28, 1915. June 22, 1914. Increase. The corn visible increased 708,000 bushels and tho oats visible increased 662,000 bushels. Decrease. 2,052.000 54.000 4,483,000 690.000 2,61 1,000 4,479,000 Eastern Dairy Produce. NBW YORK, June 23. Butter, steady creamery, hig-her than extras, 52524c extra (92-score), BIHc: first, 49 V4 5140 E-rsa, Irregular; fresh gathered extra firsts. 4T4 049c; do first, 45i347c; fresh gathered storage packed, extra first, 49 0 CJiic; do firsts, 4YST43Vic Cheese, steady. CHICAGO, June 23. Butter, higher; creamery, 4d9aoc. Eggs, unsettled: receipts 32,651 ca firsts, 39040c; ordinary firsts; 38c; at maj-k, cases included, 3839c; storage packed firsts, 44'4e; extras, 4214 c. Poultry, steady; fowls, 28"4c. Short Te CANADIAN MUNICIPAL BONDS FREEMAN - SMITH ft CAMP CO. , Y-JtTlt''- Head The Oresronian classified ads. LONDON. June IS. Bar ail ver. 53 Vd per ounce. Money. 24 per cert. Discount rates, short bilsa 34 per cent; three months bills. Sis per cent Read The Oregonlan classified ad a Fourteen Points of the Bond Business. No. 9. Should You Stipulate State Supervision? The Lumbermens Trust Company is not a private con cern doing business as an ordinary corporation. It is organized under the state trust company act and has a good faith deposit of $100,000 with the state. - At all times this company is subject to the supervision and examination of the State Superintendent of Banks and its records are examined from time to time by state bank examiners. These examiners call at the office of the Lum bermens Trust Company afid go through the company records. They report the result of their examinations to the State Superintendent of Banks at Salem. Under the Eye and Pencil of State Officers There was a day when our banks were not compelled to submit to state supervision but now everyone concedes the wisdom and the justice of state control over banks. It was not necessary for this company to obtain a trust com pany charter and to submit to the supervision of the State Banking Department before engaging in the business of buying and selling bonds. But for our own good and for the protection of our clients we voluntarily placed ourselves under the eye and pencil of author ized state officers. , . - IS THIS POLICY TO BE ENCOURAGED? IS STATE SUPERVISION WORTH WHILE? When dealing with the Lumbermens Trust Company you are doing business with a company which is under state supervision ana which atfords you the additional protection of a dependable directorate. Lumbermens Trust Company Lumbermens BIdg. Half Blillion in Capital- Fifth and Stark -Hundred Thousand in Surplus $337,500.00 Idaho School Bonds From among: Idaho's most prosperous counties we have pur chased many attractive issues of School District Bonds, which we offer and recommend to clients and investors. Maturity. Yield, 29,500 Bonner Co., Ida., S. D. No. 4.. 1920-39 5.00 40,000 Bonner Co., Ida.. I. 6. D. No. 1 1930-89 6.00 15,000 Caribou Co., Ida., S. D. No. 7 1930-39 6.00 150,000 Caribou Co., Ida., G. 0 1929-38 6.00 12,000 Clark Co.. Ida., S. D. No. 61 1930-39 5.00 25,000 Fremont Madison Co., J. S. D. No. 8..1930-39 5.00 35.000 Fremont Co., Ida., I. S. 3D. No. 2 1930-39 6.00 40,000 Jefferson Co, Ida., I. S. D. No. 7 1930-39 5.00 26,000 Rupert. Ida.. I. S. D. No. 1 1930 39 5.00 30.000 Twin Falls Co, Ida, Buhl I. S. D. 3..1930-3S 5.00 Write or call for booklet "The Premier Investment." Liberty and Victory Bonds If yoa must sell joar Liberty or Victory bond, tell to at. If yoa can buy more Liberty or Victory bonds, bay from no. On Monday. June H't the closing New York market prices were an nlvn below. They are the eoverntng prices for Liberty and Victory bonds att over tho world, and the highest. We advertise these prices dally In order that you may always know the New Tork. market and the exact value of your Liberty and Victory bonds. . 1st -2d 1st 2d 3d 4th Vic. Vic. 8HS 4s 4s 4H8 4a 4tts 4s 8s 4 s Mkt. prices.. $98.33 995.00 $93.00 $05.40 $04.24 $95.13 $94.24 $100.00 $ t.t Accd. Jnfst. . .01) .10 .43 .10 .46 1.17 .81 35 .45 Totals ...$90.41 $93.10 $94.33 $95.50 $94. TO $98.29 $95.05 $100.35 $100.41 When buying wo deduct 87c on a $50 bond and $2.60 on a $1000 bond. Wo sell at the New Tork market plus the accrued Interest. tsur;iar and J-lreproot hare Deposit Boxes Tor Heat., MORRIS BROTHERS, INC. THE PREMIER MUVlriP.I, RAID H01K 3O0-11 Stark Street Between Fifth and Sixth ((.round Floor.) Established Oitr 25 Years. Telephone! BnwdiMf 2131. Five New Issues We own and offer the following1 high-grade securities returning attractive yields : Yield about MorriB & Co. First Mortgage 4'j 'a 5.5094 Trinity Buildings Corp. First Mortgage S'j'" 5.50 Province of Ontario Cpn. 58 , 5.60 Cuba Railroad First Mortgage 5's 5.80 Northern Ohio Seven-year 6's Secured Notes 6.65 A wide selection in State and Municipal issues at prices to yield from 4.30 to 5 The National City Company Correspondent Offices in 50 Cities Portland Railway Exchange Building Telephone 6095 Main Bonds Short Term Notes Acceptances Government and Municipal . Bonds Bought and Sold f I.Devereaux Rfompany 87 Sixth Street Broadway 1042 Ground Floor Wells-Fargo Building CLARK, MILL 8 CO. 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 yon have Liberty Bonds to sell, wo will buy them from you at highest prices, depending on Now Yonk market quotations received by wire daily. jiiiiiiiiiiiinmiiiiimiimimiimiiiiiiiiiii HEADQUARTERS ' for E I LIBERTY BONDS I "We BUY AND SELL any amount. New York quota- CZ tions by wire every morn- ;-j ing;. Yesterday's quo- tations, interest included: Ji4.. $99.40 E FIRST 4.. 95.09 SECOND 4s.. 94.32 FIRST 44s.. 95.49 SECOND 44s.. 94.68 THIRD . 44s.. 96.28 FOURTH 44s.. 95.04 VICTORY 4 s.. 100.41 If necessary to eell your bonds, bring- them to us. W e p a y highest local prices. ROBERTSON &EWING1 207-8 N. W. Bssk Bldgr. Frank Robertson H. C. Ewias; -nillllllllllllllllllllllllllllllllllllllllllllllln: :-:::::-:::-- AA AA -FACTS NO. 451- - AA' :- : AA. AA AA AA :-: : AA IT COSTS MONEY Oregon's available road fund for 1919 totals more than $20,000,000, yet when taken Into comparison with Illinois spending $85,000,000 on 4600 miles of road, while Oreg-on's Stat Highway system totals 4300 miles, it Is not exces sive. As a modern sag's savs: "It costs like bell to live, but It's worth it," is applicable to roads when paved with BITULITHIG AA AA WARREN BROS. COMPANY. .:-:K:::x--:-:-:----x-s---5-:-:- Stocks Bonds Cotton Grain J.B.Steinbach & Co. 201-2-3 Railway Excbanffe Bids;. (4tk and Stark) PRIVATE WIRES TO ALL PRINCI PAL, haiuusts. hones Main 285284 Phone your want ads to The Orego- nian. Phone Main 7070, A 05. HALL & COMPANY BUY AND SELL Railroad Public Utility Industrial Municipal BONDS YIELDING 5 to 7 Foreign Government Loans Local Securities Preferred Stocks Lewis BIdg., Portland, Or. The New Oil Fields of Texas Pittibsrrs-TeiM Oil saa Gas Stroabsrf Carbnetsr C. si Aaerica Staadsrd Oil Stocks Hifk Grade Direriiiied larest-Mat Trend ef the Stock Market These subjects, as well aa other financial topics, are co-rered in our semi-monthly publication, "Securities Suggestions" Sent free upon nqauL, R-cMEGARGELaca 27 Rne Steet-Uea-T&rk. AA AA AA AA AA -A X--: -: AA i