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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (July 29, 1919)
THE 3IORXIXG OREGOXIAN", TUESDAY, JULY J9, 1919. ' CANTALOUPE MARKET EASIER, PRICES OROP Arrivals From South Over Sun day Total 12 Cars. STOCK GENERALLY IS GOOD Xocal Wholesalers Report Fair De mand and Movement Water melon Market Also Weaker. The reek opened with Inferior stock In the cantaloupe market practically cleaned tip, but with further heavy arrivals from the eouth, and the market at the outset showed an easy tone. The bureau of markets of the department of agriculture reported the ar rival of 1- cars from California, & supply that made the maintenance of last week's prices difficult and In some cases impossi ble. A favorable feature was the good quality fef the bulk of the day's offerings. Host of the stock came from the Turlock district, hlch has a reputation for the production f quality cantaloupes. Trade yesterday was a a. fair scale, buyers taking hold quite freely, and considering the liberal supply, Jr1ces held in a fairly satisfactory way. Standards for the most part sold to retail era at $2.25 to $2.73, with the bulk of the .kales at $2.50. Turlock, Cal., reported clear and hot Veather, with the demand and movement Active and the market firm. Some inferior Ctock was said to be coming in, but most of the stuff being sent out was declared to fee in fine condition. Standards were said to be selling at jsi.75 to $1.85 for the most Iart, with occasional lots of extra grade lock going at higher figures. In the watermelon trade yesterday there vas an even easier feeling than in the case ef cantaloupes. Receipts from California Over Sunday totaled 22 cars. "With such a upply as that the market early showed weakness and prices declined somewhat. The warm weather, however, stimulated trade and wholesalers reported a good move ment. Sales to retailers generally were at 91.75 to $2.50 a hundred, according to the quality of the offerings. COARSE GRAINS STILL ADVANCE Higher Frices Quoted Locally on Oats Corn And Barley. The drift of prices was still upward in the feed grain market yesterday, the day's session of the Merchants' Exchange develop ing substantial gains in oats, barley and corn. No. 3 white feed oats was quoted 50 rents above Saturday's price at $58 for July delivery. On the August delivery of the same commodity there was an advance of 91.50 and on that of September $2. Bids on standard feed barley were raised $3 and there was a -similar lift on No. 3 blue barley, the July quotations being $7 and 961, respectively. No. 3 yellow corn was quoted $1.50 higher at $76.50. "Weather reports were as follows: Northwest cloudy, cool, no rain. South west generally clear, hot, no rain. Chicago, Qulncy, clear, hot. Omaha very hot, no rain over Sunday. lavenport clear, no rain, lightly cooler. Tennessee. Kentucky, clear, hot, no rain. Ohio valley clear, hot, no rain, forecast No rains predicted for corn belt. Jtalning now in St. I,ouis. The American visible supply of wheat was jreported as follows: Bushels Buh"!!. July 2S, 1919. . .13.291, Out). Increase 6,773. ooo Julv 20, 101S... S.1S:.0n0. Increase 4. ttiiO July 30, 1917... r.Sl0.0tt0. Herrease ".731 imi July 31, 110 4M.ss0.OnO. Increase 2.2."4,0ll0 Aug. , 1!M...... rt.rS2.i00. increase 1.2.'it,iMH A.ug. 3, 111 2'J,71t,00O. Increase &,j0U,OOU Broomhall said: 'Trade in foreign oats has been of fair to good volume and the consumptive in quiry can b considered fairly active. Buy ers have been malting a more opportune mo ment to purchase further quantities and at present the exchange rates and high level of prices Jn the United States aro against business. Continental purchases display a tendency to advance their cable bids, but these quotations are still out of line as far s business with America Is concerned. Ad Verde crop reports have stimulated further tmying, which . has advanced values in the United States during the past few days. Crop-reports from continental Europe have been generally unfavorable for oats, and United Kingdom advices from the country districts are also unsatisfactory. Cereal and other receipts, in cars, as re ported by the merchants' exchange, were: Wheat. 13ar. lour.uats.nay. Year agr eason to date Year aco Tare ma Saturday - Year ago Season to date..... Y.'ar aco.. fceatt I Saturday . Year ago Reason to date Year ago. . -. . . . .31 2 3 3 1 . 27 3 3 2 13 43 70 53 70 .US 31 J6 50 11 .. I'.i 4 . 1 I . 7'i 13 ... 11 31 .24 7 . . - 16 1 . 3 ... 3 S . 44 20 3s 2- 2 . 32 3 113 40 43 1 Butter Prices to Advance. Announcement was made last evening tbat a further lift of two cents in butter prices would be made today. This will put the local quotation on prints up to 61 cents, and in cartons to 02 cents. The butter market for tomo time has been decidedly strong in tone and the tendency of prices dually at this stage of the season is up ward. The bureau of markets yesterday reported the market firm, but quiet, with stealers showing a disposition to hold for higher prices. Receipts for the day were light and storage holdings locally un changed. Street stocks increased to 211.0."2 pounds. Eastern markets were reported firm. Cranberry Growers Confer. Cranberry growers of Oregon and "Wash ington were in conference at the Imperial iotcl yesterday, the object of the meeting being to arrange for the sale of the 1&19 crop. It is understood that the growers plan to decide on a price for their product and then sell it directly to the trade, eliminating the middlemen, jur;t as the cheese-makers of Tillamook and vicinity, through their association, dispose of their output. It is expected that as a result of the growers' meeting yesterday the cranberry crop at the opening will se'l at prices around $ I a t-arrcl. and that the berries will be a atl hbif fr the coming Christmas trade at about jr. Seattle J.iveMork rriree. SEATTLE, July 2. Hogs, receipts. 340. Verv Mroiig. Prime, J'J2.75 't J3 ; medium to rlioi'-e. $22 50 , i 22.7.1 ; rough heavies, J2O..10 j'20.S."; pigs, $2'.,1u a 21 3C. Cattle Receipts. l'JJ.i. Steady. Best eteers, $ 10.50 1 1.25; medium to choice, $!iry.50; common to good, J6ij'S; best cows and heifers, $7. 50 'a f .50 ; common to good, $57 50; bulls, jr7.".0; cales, $7.50rl5. No. 3 yellow 76.00 76.00 76.00 Barley No. 2 64.00 65.00 63.00 WHEAT Government baaia, $2.20 per bushel. FLOUR Patent. $11.60 11.05 delivered; $11.45 at mill; -bakers, $11.151130; whole wheat, 1 0.5 410.40; graham, $10,05 5 10.20. MiLLKEEU Mill run. f. o. b. mill, car lots. $3940 per ton; mixed cars, $40.50; ton lots or over, (41.50; less than ton, $42; rolled barley, t&i; rolled oats, $59; ground barley, 163; scratch feed, $7. CORN Whole, ton, $75; cracked. $77 per ton. HAY Buying prices, f. o. b. Portland; Alfalfa, new crop. $24.50(3 25; Eastern Ore gon timothy, nominal. Dairy and Country Produce. BUTTER 01-score, 54c; 90-score. SZc; prints, parebment wrappers, box lota, 5ic; cartons, 60c; half boxes, more: less thau half boxes, lc more; butterfat. No. 1, 5S 5'Jc per pound. CHEESE Tillamook, fc. o. b. Tillamook; Triplets. 33c; Young Americas, 34c: Coos and Curry, f. o. b. Myrtle 1'olnt triplets. 31 He; Young Americas-, 23c; longhorns, 33 U 34c. EGGS Oregon ranch, case count, 474Sc; candled, 50 51c; selects, 54 a 55c; Oregon Poultry association selects to retailers. 54c; association pullets, 4Jc. POULTRY Hens, 28"30c; broilers, 22 30c; geese, ducks and turkeys, nominal. - VEAL Fancy. 25a per pound. PORK Fancy, 2Sc per pound. Frulta and Vegetables. FRUITS Oranges, $5.25 6.75; lemons, $7 8.50 box: bananas, 9 & 9 Vac per pound; ap ples, $3.50 4.25 per box ; grapefruit, $5.50 fftQ; cherries. 15 18c per pound; canta loupes, $ 1.25 ft$ 3 per crate; apricots, $1.75 3 2 per box; peaches, 75c$1.50 per box; watermelons, 2'r2Uc per pound: plums. $ 1.50 (3 2.50 per box ; raspberries, 3.50 ft 3.75 per crate: loganberries, $3 per crate; grapes, $4-4.25 per box: pears, $4 4-25- VBGETABLKS Cabbage, $3 per 100 pounds; lettuce, $2.25 per crate; pep pers, $1.50 per box; beets, $33-50 per sack; cucumbers, $1 1.50 per dozen; tomatoes, $l.5f'f2.25 per box; peas. 7.10c per pound; rhubarb, 6c per pound; beans, 8$jpl0c POTATOES Oregon Burbanks, nominal; new California, 24x30 per pound. ONIONS Walla Walla, 3&4c per pound; California yellow, 4 oc per pound. Staple Groceries. Local jobbing quotations: SUGAR Sack basis. Fruit or berry, $0.65; beet. $9.55: Honolulu cane, $1.0; extra C. $9.15; powdered, in barrels, $10.25; cubes, in barrels. $10.45. NUTS Walnuts, 27? 35c; Brazil nuts, 35c; filberts, 2bc; almonds, 24 & 30c; peanuts, 11 p 15c SALT Half-ground, 100s, $16 per ton; 50s, 1 per ton ; dairy, $25 per ton. KICE Blue Rose, 10c; head, 12c; broken Japan, He pr pound. BEANS Buying price, medium white, 5& 5c per pound. COFFEE Roasted, In drums, 35 3 50c. Bops, Mohair, Etc. HOPS Oregon, 1918, SOoSc; 1017 crop. 3,"W37c; 1910 crop, 30c: 1913 crop, 20 25c; 1!19 contracts, 00c; three-year contracts. 50c, 40c, 30c. WOOL Eastern Oregon and Washington, 40 57c per pound; valley, 40j03c per pound. MOHAIR 1918 clip. 55c per pound. TALLOW N'o. 1, 13c per pound; No. 2. 12c per pound; grease, 7&10c per pound. CASCARA BARK New, 10c per pound. GRAIN BAGS In carlots, l2i5M3c Provisions. Local jobbing quotations: HAMS AM ize. choice 43944&c; stand ard, 42ry,43i;c; skinned, 35 (g 30c; picnic, 27 &30c; cottage roll, 36c. LARD Tierce basis, 36c; compound, 30c per pound. DRY SALT Short, clear backs, 3035c; plates, 27 '-l 29c; exports. 31c BACON Farcy. 53 'q 55c ; standard, 46 49c; choice, 39' 43c. Oils. LINSEED OIL Raw, barrels. $2.37: Taw, cases, $2.47; boiled, barrels, $2.39; boiled, cases. $2.49. TURPENTINE Tanks, $1.46; cases, $1.56. GASOLINE Iron barrels, 23c; tank wagon. -3l.-c; cases, 34c; engine 'distillate, iron barrels, 16c; tank wagon, 16c; cases, 261; c. COAL OIL Iron barrels, 13Vi"S16c; tank wagon, 13!cc; cases. "4 ?x ulc. Hides, Pelts. Etc. HIDES Salt-cured hides, 30 lbs. and up, 3 4c; green h Ides, ao lbs. and up. 30c ; salt cured bull hides, 25c; green bull hides. 21c: kip skins, from 15 to 30 lbs., 50c; trimmed calf skins, 73c; flint dry hides, 40c; flint dry calf fckins, 75c; dry horse hides, $1.50 4 each; salted horse hides, with heads on, $5 '41 10 ach. PELTS Shearlings, 50c 3? $1.00: dry wool pelts, 36c ; prreen lamb ppts, $ 1 .GOj. 2 each. EASTERN CORN PRICES UP DRY WEATHER CAUSES EXCIT ING ADVANCE IX CHICAGO. Rank tlrarino. Bank ra rings of tlr northwestern cities yesterday v. ere as follows: C'ea rir.ps. Balances. Tort!and $4.l94.V5 f 1 .010. f.ST Seattle 6.1V.47.'; 1.5!Vii Tacoma ."." VIKO 1 4.-..1 )n fcpokane . . 1 ,7"5.ol3 5tJ3,S72 1 I'OBTLAXD MARKET QUOTATIONS Grain. 1-Hour, Feed, Etc. Merchants' - Exchange, noon seseion. -Bid OatS Jtl'v. Atir S.r &o. 3 white feed. .... .$5S.50 $5;.50 $60.00 Barley Standard feed ........ fi7.00 67.50 7 00 o. 3 blue 69.00 69.00 69.00 Corn ttfo. 3 yellow 76 50 76.50 77.00 jr.astern oats ana corn, bulk: Oats !Ko. 3 white 56.00 57 OO PE7.O0 CS-!b. clipped 57.00 d.00 69.00 com Market Reaches Highest Point At tained This Season; Oats Also Reported Working Up. CHICAGO. July 2S. Estimates that the corn crop has already ben d .imaged 25 per cent by drouth and heat and that th loss would be doubled by another week of such weather Jed to an excitod advance today In the corn market. Prices closed strong. 1" cents to cents net higher, with Septe mber $ 1.07 f? 1 .07 and De cember si.72tffl.72U. Oats finished ',i cent to 1 cents up and provisions at sains va ryinff from I'U cents to 50 cents. With temperatures up to 105 in various sections of the corn belt and with no re ports that the urgent need of general soak ins rains had been met, th corn market quickly absorbed all offrInR3 and through out the day showed increasing Vagerncw for more. The December delivery soared to the highest price yet this season, $1.72C. a .rise of 0 ! rents to C3fi rents, compared with Saturday's finish. Bur little reaction took place from these f f cures, for crop re ports at hand were decided ly pessimistic as to UTinnip. Missouri. Indiana. Kansas and parts of southern Iowa, t-'outh Dakota and Nebraska. Oats reflected th strength of rorti. Upturns in provisions came chiefly from the buljres in (Train, and from announcement of liberal exports of lard and meats. 1-nwer quotations on ho?s were virtually isrnorcd. Leading futures ranged as follows: ' CORN". Open. Hich. Low. Close s-pt $i.!)s $i.:7S $1 oo'-; $1.07 Dec 167 1.72'i 1.67 z 1.7B OATS. Spt Ni .l .finS .SI t Dec So1, ,S3W PORK. .Inly .... .... .".".Sft i?ept 31.B0 r.2.02 61.75 S1.05 LARD. Sept 34.70 .".4. 7 StM ,t.5 Oct ::4.ir. 34.50 34.52 BIBS. Ju'y 20 n. CO.rt C0.00 Sept 2 . ftTi 2 0 0 2 S . 7 2 S . 0 2 fash prices were: Corn . 2 mixed. $1 2. on; No. 2 yellow, $2.01 a 2. ox. Oats No. 2 white, 81?2'Ac: No. 3 whtt ?0- Sii,r. Rve No. 2. f 1 60. Barley $1 20 Ti f 4". Timothy $u.no 11.30. C i o v e r Nomina!. Pork Nominal. I.ard r.n. l:ibs $2 2.1 i 20.2.;. HEADQUARTERS for LIBERTY BONDS We Bt'T ami PEI.t. ant amount. New York quo tation? by wire pvpry morning, interest ia"-cluded: rimt 4 -rond 4m. . . . Hrt 4H 9.rond 4t.... 1'hlrd 4I4B Fourth 4L4ft. ... Victory 43a.... .9 no.Pt . M1 f4.44 . H.-..22 . f4.tT . IM.SM . luO.73 If necessary to sell your bond", brins them to us. We pay high est local prices. ROBERTSON & EWING Sxclualve Dealers la GOVERNMENT, tORPORATIOJ AND MIMCIP.1L BONDS. 307-S X. W. Baak BallAiBK. Liberty and Victory Bonds If ya mart sell yoar Liberty or Victory bond". Hell to oa. If 10a cu but more Liberty or Victory bond., buy from u. On Mondmy. July ;s. tl.e f.otlng market price, were u given b!nr. They ,n! tne governing price, for Liberty and, Victory bond, all over tho world, and the tugheat. Y.e advertiao these prices dally In order that you may alwaya know th, Iew York market and tho exact value of your Liberty and Victory bonds. lt 2d lsf id 3d 4th Vic Vlo . ot -a is ts 4as ,s 44a III 4 Km Price. ..3U.50 $93.2 'J1.70 f4.r( I9.-..C0 IU3.US 1 0U.SO t tO H4 Marke Accrued Int.... .11 T tSk i" ; ni.S9 t4.44 r..-J-J J94.B7 1.58 3.S I 1 OO tt 1 1X1.75 . .1""ilen buying we deduct 37o on aSO bond and .5U on a 1000 bond. Wa sell at the New York market plus the accrued Interest. Burglar and fireproof bale 1 rpo.it Boxes for Bent. MORRIS BROTHERS, Inc. The Premier Miinlcloal Hnml tlm... , . forrU Hldg., 309-311 Stark St.. bet. Sen and Btti. Telephone Broadway 11SI r LatabUafcrd orrr S3 years. Uvmjoial tiny miwtA Foreign Securities ""UR LIST includes eight premier for eign government and railroad bonds and short-term notes, at prices to yield about 5.75 to 7.40. Latest of these, the new 10-year Government of Switzerland 5Vz Gold Bonds Yielding Over 6 Circular on request for OR-I37 The National City Company Correspondent Offices in 5JI Cities. Portland Railway Exchange Building Telephone 60D3 Main. Bonds Short-Term Notes Acceptances Rexburg Idaho 6 co Improvement Bonds at Par Government and Municipal Bonds Bought and Sold (. Devereaux RCompany 87 Sixth Street Ground Floor Wells-Fargo Building Broadway 1042 BEEF MATERIAL GOES UP MARKET OX BEST STEERS AND COWS ADVANCES. Ifojrs Hold Cj Firmly at Last Week's RaiiSC With No Signs or Recession Soon. Cattle were the strong feature in the local livestock market yesterday. This was nhown when a bunch of fin grade steers averag ing pounds in weluht changed hno at $1- and another at $11. To, ffRuren a Rood half-doMar above last week't top quotation on quality beef material. The.y wer sev eral other eaten of Btrers at llT:5 to $11.. '.it, and. the market on that sort of stock clearly was stronger. The strength of th Pteer market extended to cows. Several sales of Rood, grade cows at better than t'J were reported at the yards, and the business put through In that division, as In the case of steers. Indicated a press. nn demand for beef stufi that would grade up well. Uealers reported the lioir market holding its own at last week's closing level, with nothinK in nipht to give promise of any prtre recee-sion in the near future. There were a few hales of hoss at 25 to 33 cents above last week extreme quotation, but these were faid to be transactions for the Seattle mar ket and th prices paid for the stork and were on tho Seattle basis and took into account the higher trannpor tatton charge to the sound. In the sheep division there were no ma terial changes in the situation. Receipts over -Sunday w re '2140 cattle, 3S3 calves. 1344 hogs and 35l sheep. The day's sales included the following: Wt. Price.! Wt. Pr!c. 16 steers.. VJr.O $12.on M calves.. 3to$1L.AO 11 steers.. 1 IMS J1.7S' 1:3 calves.. '." 1'J .".O J7 steers. . 1 1 30 It.Mti HI hosts. .. 'Jll.'AX Jt.steers.. 101 11.1; S.".how.i. 202 L'Hteers.. 1 13 H.O(. 7 hoes 1 LM.13 -Kfcteers.. iui io..vi ?nhoic.i... 2::. is 1H steers. . ( 10.4i C2 hogs. . . 1S2 22. 7 2 steers.. Jlf 10.2."! 27 hogs... 17 22..0 ii steers. . f'Tl lMHf 27 hogs... 21.no 14steers.. 1030 I.ro 1.. lambs.. 7 12. Tn 27 cows ni3 9.2ri 140 lamhs. . 72 12. Oil 10 cows. . . J7 r l'2i7 lambs. . K4 12. oO 12 cows 104S fl in: 73 yearlings 122 Ort Scows... JOKS ZM 74 ewes 112 6.50 10 rows R!2 .10! Prices at the yards were ma follows: C-.rtcrl to Chnlf-e jtw-f. J 1 ft IO 1? ftf Xew Offering tVe bn' poehased and offer for immediate deliery. subject to prior ! and change in price $50,000 Burnaby British Colnmbla Short Term 5'z Years Municipal Gold Bonds Denominations $500 $1000 Sixes at 99.42, to Yield Full detail upon rcaaeet The hnds are the unsold portion of total issue of $400,000. Vj have a ready received orders for a large portion of this ooo ana tne naiance is oriered strictly abject f prior sale. Cotrru ahi a ft WotTHWo mw Bank Blo. Maim 4C COt ax s--- Mcao wuoem Medium to etioioe steers Kalr to aood steers. Common to talr steers Good to choice cows, heifers... .Medium to good cows, heifers. Canners Bulls ' t Ives !to-Kcrs and feeders fair to medium cows, hellers.. Hogs Prime mixed Medium mixed Hough heavies ......... Pigs fcheep Prime lambs Fair to medium lambs. ........ Yearlings .......... . . . ... Wethers Eww fi.KOir ft R0 7.759 H 73 7.00 f$ 7.50 7.5o't 9.0M 6r.O.r f.2."p 8.h5j. 4 IK) 6.00 4 7.50 li no ' i r..oi 7.00i 10.00 4.50 tf 21 50 23.00 20.50y21.00 19.75 '( 2U.25 ld.7Stfltf.75 11.50 n 12 50 U.UUO 1O.0U 6-UO tf 7 &0 t.UO Omaba Llvetok Prices. w. ...... uiy - i nitea states buresu of markets. )iiogs.lie(eipts 1 1, siea-iy m ,ii''1" wtr. Top $22.4U. liulk $21.l.-.'.f 5a'wr I1,1 -l "2.'.;it; medium weight 21.Hiv iightwelglit $22 'I Jo heavy packing sows, smooth. 2I .o ,i -17.,' jfii'Jifr' rou'u --io; .,i'a,1IT"""'lpt" ''-''O". !ow. Corn fr.l steady, c.mss cattl luwer. stock.r and hi-ivrweuhl, choice and prime. lUwls i".'.?-un; "S"1 soo1 M' 1 -": common IJ.-..; liKhlwelglit. good and choice, ,13ft i. uo: common and medium 1 1 f l .-. :, but. her caule. heifers .'rt l.t.r.ip; cows ti';,) " can Her, and cullers .-,.,." 1 .In- veal calves. llKht and handy welsh t 1 (I ::...o f eeiler mi. ..r. S'. r..i i ..... . ... .. 5..-.o 1 !.... J " 'r fliMD Kecelpts .15.000. slow. Kully 2."ic i.ae.ea. l.amo,. M pound, M-vf-;.-1-,'"V,-7r': ru"s nd common ....(i5f lLi...O: Klirlnua. none. Yearling e,h- il'f. ' ,7 medium and choice. Chicago I. Wedlock Market niiru:n .u i . .. . . nn Iteceipis .IT.. OOO. weak. l.ow.e ... f-M'r?-!'' -,' ''' medium- "weigh; fJl.R.1 2.;.ir.: lightweight. :i.r,n in-,. light light. I:l(i:-',IB; heavy packing sows' J.0?!1'- iM " 21 W,; Parking sows, rough" l!l.i.iiiM.i; Pigs. 2O'il.S0. Cattle Receipts im.ixiu. unsettled. Be-f nrlme "ff.U-""! -. w'lKht- and 91 .-SilO.S..; common $ 1 o. 2. 1 -j 7.". liifht- wtright. good and choic. H4 i; com mon and me. hum. $r...ori j .;o; butcher rat- HALL & COMPANY BUT AMD SELIa Railroad Public Utility Industrial Municipal BONDS TIELDINO 5 to 7 Foreign Government Loans Local Securities . Preferred Stocks Lewis Bldg., Portland, Or. FACTS SO. 453 Truck Transportation There are three major elo ments which comprise motor truck transportation: Kirat. the freight or cargo to be transported: second, the truck Itself: third, the high way or street. The third ele ment la the most Important: or, without dependable Mghwaya. transportation is impossible. Oregon under standa this, as many of its highways are being paved with BITULITHIC W1RH. BROTHERS CO. NEW ISSUE Exempt From All Dominion Government Taxes $200,000 CITY OF EDMONTON (Province of Alberta) 6 GOLD NOTES Dated February 15, 1919 Due February 13, 1921 Interest Payable 15th of February and 15th of Aufrust Each Year. Principal and Interest Payable in Gold in Toronto, Edmonton or in New York City. DENOMINATION $1000 FINANCIAL STATEMENT " Assessed Value of Property on which Taxes are Levied 5100,308,760 Value of Property Exempt from Taxation 511.519,080 Net General Debenture Debt, which includes City's Share of Local Improvement Debentures 20.9J3.109 Less Net Public Service Debenture Debt Included Above: , Waterworks - Electric Light and Power 1 . Street Railway j-$7,927,229 Telephone System .....J Less Net Local Lmp'v't Debt (Rate Payers Share) .. $3,120,376 $ 11,047,605 . Net Debenture Debt $ 9,595,604 Value of Municipality's Assets, 532.10S.413 Population, 53,846 The fity of Edmonton is the capital of the Province of Alberta, which has an area cf about 255.000 ftquure miles and a population eBtim.ited of 600.000. It exceed In area any State In the L"nitd Slates excepting Tx.i. brine five time tcreater th:n Nw York St-te and as lart;e as the combined ur.N of Montana. North l'akuta. and M.ltneeuta. It Is ono of the most productive of all the Provinces of t'an.t.ia. Edmonton Ik situated about midway between Winnipeg and the Pacific Coast. It la on the main line of the tSrand Trunk i'netfic and Cnnadinn Northern Ilailways. which extend from the Atlantic to the I'ncific, ami is the center of a complete syrtem of competing railway lines radialtnir in every direction throughout the lTovincc. It is the terminus of the W inn 1 pes - Kl monton line ami the CalKii r - Kdtnonton lm- of the Canadian Iicific llaitway. A number of branch lines of these roa.I. together with the K.lmonton. Liunveirun atid British Columbia Hallway, serve the ueMern and northwestern section of the Province, including the Peace Itivrr Pistrict. which has an area of about tr-.0','i.on.i acres of land now beniK opened up, and which owing to its location will nccese.irily be tributary to Kdmonton. There are now located In Kdmonton approximately loot wholesale houses. In addition to a number of imprtaut diversified industries, indudlne three meal-packina- establishments, flour mills, creameries, shoe factories, elevators, brick works, car repatrlntr hops. as well as the general bhops of the Kdmonton. Imnvean and British Columbia Hallway. Kdmonton is surrounded by an excellent agricultural country, the soil brine a rich Mack vegetable loam, practically imexcellcd for srain crowinn. In addition cattle and sheep rait-lnn and dairying are very extensively carried on The Krain crop last year had an estimated value of J 1 1 (i.000.000 and other agricultural products apart from cram of $10,610,000. Rich deposits of coal, which are beinp steadily developed, underlie A larce section of the country surrounding Kdmonton. so that the City Is not only in a position to set very cheap power and fuel, but also derives a substantial benefit from this Industry. The Cltv owns and operates Its own electric liqht. street railway, waterworks and tele phone systems. Kor the nine months ending September 3", 191s. these utilities showed surplus "earnings over all operating expenses of JJi.4SJ.i2. With the rapid tlevelopinent of the contiguous territories now opening up. Kdmonton should continue to increase steadilv in importance. With Its w Ide ihoroug li f at es. its excel lent public and commercial buildings. Its attractive residential districts ard splendid location. Kdmonton la one of the most substantial cities in Western Canada. TRICE: 99.03 AND ACCRUED INTEREST TO YIELD 6.2.-', Legal Opinion of Messrs. Malone, Mnlone & Long. Attorneys, Toronto. MORRIS BROTHERS, Inc. The Premier Municipal Bond House Morris Building, 309-311 Stark Street, Between Tifth and Sixth, Portland, Or. Telrpkoari Bdwy. 2151. t-jAtabllabed Orrr S3 Yrarm. rannrn mni rittr $V7Sr7.2r.: xmn nlvw, llKht and handy weinht. I1.V7S-1T; f.dr tfrB $7.7."i i:t.7."i; nn' ker ntr $7t11.-": western ranc Hfrn $11.00 13 Hi. -5; cob and pounds down $1 :t 1 IG.7-".; culls ni -mm-n ewa. nirxllum pon- and choice, $7J'J; culls anil common $- 7" 6,.".o. w York So na r Market. NEW YORK. July Raw sujear. ntcadr. Cr-ntriruaal. 7.1'Sr. Refined, wteady; rut loaf. lO.MK-: rnihhrd, o.2.V; mould A. 1. ; rubes. 0 75c; XXXX powdered. ! 20c: stan dard powdered. U. l."o; fin ran u la ted and diMmond A, Or; conf cctlonrra' A. to-inic; No. 1 sott sugar, B5c. Coffe Fntum Advance. NEW YORK, July IIS. The market fr coffee futures opened, steady at five point derline to points advance. Much of the early demand was attributed to Kumpean buying which induced local trade buying and later advanced September to l'J.3c and LM cember to i:J.M3c: reprej-eni.nn: a rife of 3 to T.1 points From this level there was profit taklnar and the market closed at net advance of IS to 25 pomtn. Wall street and cotton hnuws were moderate poller early "In" the mmIoii, but their oifcrincn were well ahorbed try the European demand. July, 2.3Se; September, "'2 -3c; OctT. C'J.l.e; December. l.Io; January. l.'.tc ; March. 21.bc; Mav, 21-c. A late Santos cable reported a closing ad vance of. loO to re 1ft. ' Bar Silver Quotation. " 1 NEW TORK. Julr S. Ear silver. $1-0-' Maclean dollars. S:'c. 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 n 1 1 1 1 1 1 1 n 1 1 1 1 1 1 1 i 1 1 1 1 1 1 1 n 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 u 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 u 1 1 n n 1 1 Diversified Investment List for August We offer, subject to prior sale, the following high-grade securities and recommend them as combining 5 adequate safety and attractive yield: MUNICIPAL BONDS rrir im Tlrld Amsnnt. Ninrof InH. 3IaMrly. FrrCul. a $28,500 Big Horn County, School District No. 41, Grey- bull, Wyo., 6s ...1944 ,'?- 5.125 , 92,000 Bingham County, Idaho, 5s 1930-1938 4.80 3 54,000 Byron Drainage District, Wyo, 6s ...1924-1938 5.75 T 9,300 Columbia Irr. Dist., Benton Co., Wash., 6s 1934-1939 6.00 89,000 Cottonwood Highway District, Idaho, 5V2 1930-1939 5.15 195,000 Cowlitz Co., Wash., Diking District No. 5 7s 1922-1936 5.625 to 6 100 Cowlitz Co., Wash., Diking Impr. Dist. No. 7 7s. .1923 6.00 5 1,000 Cowlitz Co., Wash., Diking Impr. Dist. No. 8 6'z. 1929 6.00 5 40,000 Deschutes Val. Water Dist., Jefferson Co., Ore. .1924-1934 5.00 - 6,000 Hot Springs Co. School Dist. No. 7, Thermopolis, 2 Wyo., 6s 1929-1939 5.125 89,500 Independent Highway Dist No. 1, Asotin County, 5 Wash., 6s 1930-1939 5.35 to 5.45 44,000 Lapwai Valley Highway Dist., Idaho, 5s 1930-1937 5.00 1,000 Minot, N. D., Paving District No. 1 6s 1933-1934 6.00 5 3,500 Minot, N. D., Paving District No. 8 6s 1929 6.00 5. 11,000 Roundup, Mont., Improvement 6s 1927 6.00 12,000 Sheridan, Wyo., Improvement 6s 1928 6.00 ' 89,400 Squaw Creek Irr. Dist., Deschutes Co., Ore., 6s. . .1923-1938 5.75 j 5,000 Wahkiakum Drainage Dist. No. 1 7s 1921-1925 6.00 ' 3,000 Washington Co., Idaho, Road 4y2 1935 4.50 I CORPORATION SECURITIES Amoant. inofIn. Mataritr. PrrCnt. - $17,000 Baldwin Sheep Company 6s 1927-1932 6.10 to 6.15 128,500 Canadian Northern Railway 6s 1922-1924 6.00 " 400 Columbia Agricultural Co. 6s 1920 6.25 - 30,000 Duquesne Light Co. (Pittsburgh) 6s 1949 6.00 . 40,000 Ford Motor Co. Notes'. Oct., 1919 5.50 if 10,000 Nordyke & Marmon Company 6s 1923-1929 6.75 98,000 Pacific Power & Light Co. 1st Mortgage 5s 1930 6.25 i- 39,900 Quaker Oats Company 6'0 Preferred Stock 6.06 - I, FOREIGN GOVERNMENT and MUNICIPAL BONDS i rrlr fa TII4 A miit. 5anc of lar. Mat.Htr. Ir tmt. $ 2,000 Swedish Government 6s 1939 6.00 ' 124,500 Government of Switzerland 5 V2s 1929 6.00 5,000 United Kingdom of Great Britainand Ireland 5V2s.. 1937 5.65 65,500 Burnaby, British Columbia, 6s 1924 6.25 12,500 Greater Winnipeg, Canada Water District 6s 1923 6.00 5" 9,000 Vancouver, B. C, 4 Vis 1924 6.00 I 23,000 Victoria, B. C, 4 Vis 1924 6.00 ; E We have published circulars describing in detail the particular features of the above offerings and j- E vill gladly mail any of them to you upon request. " E We sell bonds on the Partial Payment Plan. Lumbermens Trust Company i E Lumbermens Building Fifth and Stark E E Six Hundred Thousand Dollars in Capital and Surplus . iiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiitiiiiiiiiiiiiiiiiiitiif iiiiiiiiiiiiittiiiiiiiiiiiiiiiiiiiiiuiitittiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiitiiiuiiiiiiiiriitiT? "