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 .
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