TIIE MORNING OREGONIAN, THURSDAY, JULY 31. 1919.
S3
COFFEE PRICES iE
LIKELY ID STAY UP
rw.iared tQ. J3e Domi
it. lOOM
n AVar
icia
of cof
;nce in
;t that
-which
. been
a been
i since
which
advanced by the coffoa growers are th
Ianm as are advanced by eerybody for in-
ren wd cost. For instance, prominent im
or, itiff and exporting firms of Brazil make
hfr statement that they import cotton 'goods
vliich practically cost thm thro times pre
war prices, woolen poods almost the same
'dvance, wheat practically the same ad
air;c, steel rails double or rrore pre-war
rices. In fact, all along the line everythins
hry buy from the outside world eosts from
o to three times what it cost before the
var.
In that coffee-growing country as well as
n all others, it has been necissary to very
onatilerably advance wages because the con
untcr there could not live on his old pay.
''rci'hta are from three to five times the
nrc-war rates. Therefore, it takes two to
hrcfi times as much, coffee to buy their r-
finaiy requirements and unless ttjey receive
moio for their coffee they could not live as
heretofore and bankruptcy would stare them
tlia face. And so ,that country and all
other coffee exporting countries defnand and
must t?et twice as much or tnore- for their
roffVc. The argument seems logical and un
answerable and in fairness and jnttice it Is
claimed that the cof ffte-grovvins 'countries
are entitled to at least double theii pre-war
prices. :
In view of these facts and others thAt might
be mentioned, it seems likely tSat crpffee will
fitay at its present high price or thereabouts
until adjustments of values are made in
prices of the other great world , staple s. There
also lo further aggravate the situation an
undoubted shortage of supplies catised by
frost which destroyed millions of jtrees in
Santos. Santos is the greatest coPfee-pro-
riucing state in the world and it and Rio de
Janeiro, with a few other sections, iproduce
RO per cent of the world's croii.
Brazil's financial position i better than
It hns been probably in 25 to ,30 yeirs anc.
Err.::. I is dictating the world's I coffee ,prices.
As far aa the united States Is , concerined. it
has not yet caught up with the pricpLs
vailing In Brazil and every lot jof coffete
enaisea is costing more than thi previoi
The slump In sterling exchange may
some lots of coffee Into the Country
lower price than those Imported on
exchange as a basts, but
ut the Iquantit
aid to j be araa.
ans no W unfoi
sorted on that basis is said
niess something happens nokv unfori
t: seems reasonable to presume that
--in stay on its present basic,. Not
tandiag the general lmpressioni to the
rary, tms is the lat thing. Id is asse
hat those dealing In coffee al-e fav
o, il along the line. Importer, jobber,
na'iuiacturei and retailer are
'-jompelledl to
Accept smaller margins of prof
is nothwmh
naing tne higntr: lom vr oc
illg DUSl
,ATS AND BARLEY STIL
l STRd.NG
slightly Higher Prices General
ieugr
1 Th
T Quoted
at
Merthant: Exchang V.
here were no signs of wca
ness In I he
Xi d grain market yesterday.
t iu-y, bidding at the Alt-reliant
-. Exchailge
dtvelopcd slight advances on b
l li icy. July whitt- fed oats
lf cents above the previous
$ J ,(, and there was a simila.i
tli oats alnd
was quo tied
Jjuotation (at
lift on Aiu
for whii-b
L inc September feed barle
y's iffcwd. The July dol
it 11' .Kon .,.
The July do! Ivery undefc-
r.o. ai blue bat-Icy was
fa lia at ?(i'J.0O, July de!i4 ery.
eaiLl. reports were aa follols:
Mitiii-KJlis. part cloudy. t;j Dulut
vy n.u iast night. FaisL. rainin
J"1'
inn i pes clear, 65. 1'liroi.s I clear, ho
thraaka'clcar. hot. Kanra., c ar. hot. S
r.w i-iuuvi , ivainaffi city, clca.il
4ier, utie shower yeb-terday aflcmoon. S
K t.a. uiay yesterday, no ra:
rtricdjO miles out u:ia at vii
Vn. MissTl I Pacific between Kan
IBedalla pid at Jefferson City
i. but rami
ious point?!
as City antlj
-nd severs.:
rpoJnts e(-:th of Sedalia. Dave
iport, parti
(cloudy, -'arm, no rain. Ohio vJ
illey. clear.
pot. Focaat Cooler weather inj
corn belt.'
V.- liroomiall reported
I "Aust
liu More rains are ne
Lded in see-
tions fi
of the
and th.
the new wheat seeding. Supplies
h wbf-at remaininir are
subtftantlal
this cereal I
utward movement of
rontlnud
to be maintained at 4
attsfactory j
figures.
-lndi
,i.o:idinga axe fairly active
-In tne west and norl thwpst
of
India ra
there ha
s navo been limited, but
elsewhere
ails which
of Aus
th.c strin
s can now
i it is ex
ontinue to
l ie . further fair down
hc lUl
trahan
Kency
rove beneficial. Import
neat trrved
supplies here. Conditlorj
l e cotts
crea more favorable, ii
- supply situnticn will
lected
lmproi
Ad i
from Chicago aid thf
was an
tne At-
rxce-,.ei- demand for b.n oy froni
)An u tithe Pacific coast.
"Wor'oVhipm-n 13 of whft aad f
reporTedas fdllows: fi
I wic End. w k TH ff-
demand for b.n
lour were
Wk End.
Frornl July 26. Julylrt. Ijuiv r.-l
r. s . Can. ...r.2l.noA t.s;;i.((hi -r7 ( 00t
ru.-n.r . ;.:'.ihio 2.51-kioui 7'--'.'omo
par v . ..
T" .1 tk .
'I 1 t . !
lit- ir
Cilillil: '
1 jitNn.-I-n
SOU . t
Y : -
1 :it -j: ia -S
. Mr .11
rr- t. u
.-.
8wtt:-- -
Y a
bo;: . n I
Y u. i;
C.nta.j
is.. a.
Total S'nce Pa
Jniv i
. 2i onrt r. ,n !
. 13.17.-..0:.- i
G.yoo.ooo
n can. as reported by
nnnu-c. were;
Wheat. Bar. Fir.
4 ndition. No cariot arrH i"ala from
vere. ported and pre I lious re
( said tv be clea-ning ur- f' in good
y f!r3s old to retalie- fene-ally
t 2.;
yf
I u:-.
:ina tr.ere were not ma:1 ? v .is
'.iff in. sight.
u'onea c.e.ir aii
1' and the
fc offerings
4'ts were
th
th the demand good
ger. a:d the quality of
thtly. Pome (hlnme
jilin unsold, whi'.e mi
n. supplies were Ilb--al
1 On
'r.ny were
1
and the
S from
ma
$1.:
k' t r, vua pric
t ?e t a hundred.
tge iiuiter in
ces runni
Aa a f juenca of receat. ad
o in
fte bi t Market, dealers report
tm.fr j storage products, con
den.ar.i developed within
erabl
S he past
H j'.si.s",?,", j I'U
j "'o;oIock j Y
l-i the M.r- 1 . I
1 rv
-'1. 3 1 .... i IS $17-
527 11 70 I f.1 'r''-1
175 ;;4 tu.i I 03 245 "
ly . . J t i . . box
- ; ii i; . ."
J4 l !, 31 5B1 - ii
. - -'J ' I S Its Hi pouA
127 U 4G 52
ine SUDD v Rediifarf ' 1 1 r
iiings on the street t 1 nerca.- I -
lighter than for t eral cays
iarket as a result J L-howeil a I
few days. A fair volume of trade In that
commodity Is reported and aa a. result stor
age holdings have been reduced somewhat.
Street stocks now r eald to amoun to
1T.84 pounds.
FVeah butter yesterday was reported firm
and active at the hlg-her quotations, and
some 92-score products were said o have
oeen sold at 5T cents. Inferior Jjfrtter old
as low as &0 cents. There was jood local
and outside demand, efpdil f the better
grades. Eastern reports ind frmd irm but
ter markets generally. ?
Peaches Are Moving freely.
For this stage of the eeaacm there was a
good movement of peaches on the street
yesterday. The market was said to be in
slightly better condition than for some time
past, and prices on the whole were satisfac
tory. Two carloads arrived from Culifornla,
mostly Elbertas, Crawfords and St. Johns.
These sold generally at f 1.25 ffr 1.50. For Ore
gon Alexanders there wan a moderate de
mand at 75 cents to $l.Co.
Sacramento reported demand, and move
ment good, with the market steady.
Bank Clearing.
Bank clearings of the northwestern cities
yesterday were as follows:
Clearings. Balances.
Portland $4.82.347 .S.V
Seattle 0.175.474 l,Of0.137
Tacoma .U.42S 104.r,-5
Spokane 1,4'J3.947 41:5.004
PORTLAND MARKET QUOTATIONS
Grain. Flour, Feed, Etc.
Merchants Exchange, noon session.
Bid
Oats July.
Aug.
Fept.
No. 3 white feed 958.50
Barley
Standard feed G7.S0
No. 3 blue 69.50
Corn
No. 3 yellow 77.50
Eastern oats and corn, bulk
Oats
6S.0O
C9.25
CS.00
63. I a
77.50
7.50
Xo. a white
ais -lb. clipped
Corn
No. ;i yellow ........
Barley
No. 2
WHEAT Government
R6.00 A6..M
58.00 5S.00 5S.0O
79.00 77.50 77.S0
65.25 G5.25 65.00
basis. S.IJO per
bushel.
FI.olTIl Patents. $11. C0 11.65 delivered;
S11.45 o mill; bakers, $11.1511.30; whole
whf at. S10.25fW10.40; graham, $10.0510.20.
MlLLFKED-MiH run. f. o. b. mill, car
lots, $.i9Jj40 per ton; mixed cars, $40.50; ton
lots or over, $41.50; less than ton, $42; rolled
barley, $6.1; rolled oats, $59; ground barley,
$0;J; scratch feed, $79.
CORN Whole, ton, $75; cracked, $77 per
ton.
HAY Buying prices, f. o. b. Portland;
Alfalfa, new crop, $24.5025; Eastern Ore
gon timothy, nominal.
Hairy and Country Produce.
BUTTER 91 -score, 56c; 00-score, 55c;
prints, parchment wrappers, box lots, ttO'O'
tile; cartons, 61- 62c; half boxes, VjC more;
less than half boxes. 1c more; butterfat. No.
1, OOffctflc per pound.
CHEESE Tillamook, t. o. b. Tillamook;
Triplets, 33c; Young Americas. 34c; Coos
and Curry, f. o. b. Myrtle Point triplets,
31 '-c; Young Americas, 3c; longhoms, 33
&34c.
EGGS Oregon ranch, case count, 474Sc;
cand 1 ed, 50 (551c; selects, 54 rit 55c ; Oregon
Poultry association selects to retailers, &4c;
association pullets, 49c.
POULTRY Hens. 2Sffj30e; broilers. 22
30c; geese, ducks and turkeys, nominal.
VEAL Fancy. 2-ic per pound.
PORK Fancy, 2c per pound.
Fruits and Vegetables.
FRUITS Oranges, $5.25 g- 6.75 ; lemons, $7
b.5U box; bananas, 99 per pound; applet-,
$3.50 'h' 4.25 pr box ; grapefruit, $5.5U
0x6; cherries. IS'-ilS-; per pound; canta
loupes, $1.25 ?? 3 per crate; apricots, $2-'it
2.25 per box; peaches, 75c (&'$ 1.50 per box;
watermelons. 2 a 2 U c per pound; plums,
f 1.50(j 2.5U per box; raspberries, o.50'3.75
per crate; loganberries, $3 per crate;
grapes, $44.25 per box; pears, $4 4.25.
VEGETABLES Cabbage, $3 per 100
pound? ; lettuce, $2.25 per crate; pep
per;. $1.5(1 per box; beets, $33.50 per sack;
cucumbers, 75c 4$ $1.00 box; tomatoes. $1.50
37 2 per box; peas, 75 10c per pound; rhu
barb, 5c per pound; beans, SfrlOc
POTATOES Oregon Burbanks, nominal ;
new California, 2 ( 2 c pr pound.
ONIONS Walla Waila, 34c per pound
California yellow. Arn bc per pound.
Staple Groceries.
Local jobbing quotations:
SUGAR Sack basis. Fruit or berry, $9.65;
beut, $0.55 ; Honolulu cane, SO.OO; extra C.
$0.15; powdered, in barrels, $10.25; cube. In
barrels, $10.45.
NUTS Walnuts. 27f?35c; Brazil nuts, S 5c;
filberts, 2sc ; almonds. 24 3uc; peanuts,
11 H 15 c.
SALT Half -ground, 100, $16 per ton;
50.-, 11. ';3 per ton; dairy, $J5 per ton.
RICE Blue Rose. 10c; head, 12c; broken
Jaoan, 8c per pound.
BEANS Buying price, medium white, 5
5 ' :z c per pound.
COFFEE Roasted, In drums, 353 50c.
Hops, Mohair. Etc.
HOPS Oregon. 10 J 8, 30rj. 55c; 1017 crop.
35 a 37c; 1916 crop, 30c; 1015 crop, 20i&25c;
1 contracts, 5uc; three-year contracts,
50-, 40c, 30c.
WOOL Eastern Oregon and Washington.
40 fx 57c per pound; vaUey, 4u55c per
pound.
MOHAIR 1H18 clip. 55c per pound.
TALI OW No. 1. 13c per pound; No. 2,
12r per pound: grease, 7(rltc per pound.
TASOARA BARK New. 10c per pound.
J KA1N" BAlia In ca riots. 12 h & 1JC.
Provisions.
Loal Jobbing quotations:
HAMS Ail wizes. choice 4445Sc; stand
ard, 4344'c; skinned, 37c; picnic, 28
j :-0c: loltage roll. 3'ic.
LART3 Tierce basia, 37: c; compound. 30c
j per pound.
uni "al 1 enori, oea r oacKS, ou iff joc ,
Dla Ira. 27 it 2ftc : Rxonrm
I BACON Fancy, 53 55c; standard. 4C
4ic , choice, .y,4.ie.
oils.
LINSEED OIL Raw, barrels, $2.37; raw,
canes, S2.47; boiled, barrels, $2.30; boiled,
TURPENTINE Tanks. $1.46; cases, $1.56.
G-VSOLINE Irou barrels, 23c; tank
wagon, 23'ic; cases, 34c; engine distillate.
ron barrels, 16c; tank wagon, 16c; cases,
COAL Olli Iron barrels. 1316c; tank
vagon, 13c; cases, 2431c.
Hides, Pelts, Ktc.
HIDES Salt-cured hides.- 30 lbst and up.
recn hides, .0 lt. and up. 3uc; salt
uii niaes. loc; green bull hides. 21
p ns, from 15 to ;10 lbs.. 50c: trimmed
if nk s, 75c; flint dry hides. 40c: flint drv
f sK ns, 75c; dry horse hidesw L50fe4
n. Etfttieu. noroe macs, witn. neaas on. .
;icn.
ih.LJb bhearifngs. 50c $1.00: drv won!
green lamb pelts, $1QJ each.
SUN FRANCISCO PRODrCE MARKET
P tices Current on Kccs. Vecntables.
Fmitf. Ktc, at Bay City.
SAN' FRANCISCO, July 30. Butter 5Sc.
Kgi Freeh, extras, 57c; fresh firsts, 53c;
puiiets. 4Sc.
ees-e -Firsts, 32c; Toung Americas, 3Gc.
lens 30ji o3c per pound, according to
young roosters, 3S4j40c; old, 20c;
iiers, 2 'y u4c, according to size: Xrvers.
37c, according to Quality : ceese. nomi-
na I. ,juaD8. J;2.50''t:3.5O inzen
egetables Rhubarb, $i.50!2 box; egg-
t, Sl..-i5i2 lug box; peppers, bell, 15--Vtc
pound; chile. 124il5c pound; sum
squash, So4j 40c lug box; tomatoes.
crate; potatoes, trarnet. $2.25 -u 2.51
al; white. $!. 75 2.25 cenral: onion
-. $2.50W2.75 cental; green. $1.75 n 2
preen peas. 6'ii7c DOtind: cnnhr
65 f small box; green corn, $2.5ra 3..rHt
: okra. Sin 1.2. box: garlic. 22'y25c
d; beans, string. 45c pound; wax, 42
hund:
Iimas. h ac pound.
Fli,ur 8 S, $1 2.10; whest.
20; oats, red
e A.va; corn. California yellow.
3.45; barley, fed. J:;.15 fi'3 .25.
fuit Ora-..ge?, $4M ...SO; lemons. $4
grapefruit. $3.54.50; bananas. 6--
pineaDples. S2.50t4; apples, $l..".oir
SO' jaccording lo size and tier: plums, $2'a
-- irate; peara. Hartlett. $1.50'd3 box, ac
cord iil-y to grade; peaches. Jin 1.25 small
lug hjox: arricots. 01- f 7 -r pound; ranta
Io,V.p1 S1.50i 1.75 standard : raspberries.
-i chst: re?l loganberries. 10''?12
blackberries. $7 i: 9 chest; fics, $ia
1.25 ,
riple layer: grapes, nominal.
Wheat or wheat a-r.d oats. $1517:
ats. $1517: barley. t2i!5; aJfa'.fa.
; barley stra'n, 500 Sue PaJe; nieai?,
$14M
unquc
Ke.
4'4J c
.nn L- ks ;
pt- Flour. 1 1 4A quarter?: barlfv.
ntais; beans. 10 5arks: potatoes. C.fG
hides, Oi: hay. :ir.o tons.
New York Iirr Prodnre.
TPRK. July 30. Butter higher.
y higher than extras. 56 & 56 -c;
r extras (02-score , c ; firt.
rea.Tif
steady, unchanpeH.
Ciioetl, nn&y and unch;insed.
ttve :HjOUttrv irregular. Fowls. S4i3-V; o;d
roostersj crisjc; others and dressed un-
SECURITIES GET SETBACK
HEAVY SELLING BRIXGS DE
CEIVE IX STOCK MARKET.
Recoveries Made in Some Lines, but
List Generally Suffers Loss
Bonds Reported Irregular.
NBW YORK, July Xn. Stock. wn sub
Jected to widely conflicting influences to
day, creating heaviness and occasional weak
ness in many of the rhare-s which usuaiiy
govern the course of the market.
Prices were one to twe points higher at
the oulfiet, the steel division heading on the
excellent quarterly statement issued by the
United State, steel corporation after the
close of yesterday's session.
Heavy selling, which immediately followed
and had its basts mainly in widely circulated
rumor that the federal reserve board at
Wa&hinston would hold another conference
to consider certain phases of the local
speculative situation, gave the market s set
back 01 two to five points before noon. De
nial later of these rumors resulted in sub
stantial recoveries but only in a few im
portant instances was the reversal of the
morning entirely overcome.
Aside from the strength of a few special
ties in which maneuvers of pools and cliques
were again more or less effective, notably
tobacco, paper and leather issue, moderate
losses prevailed at the close. Sales amounted
to l.:00,000 shares.
Vnsettlement in exchange on Paris, which
approximated its minimum quotation, caused
variable reactions in sterling, lires and tne
Swiss rate, but Scandinavian remittances
were comparatively steady.
Weakness of local traction a.ntf a slight
setback in internationals fen'.ured the ir
regular bond market. Total sales, par value,
aggregated 13.50.inn. Old I nited States
bunds were unchanged on call.
CIX.SLNG STOCK QUOTATIONS.
J-ast
Fles. High. Ln. .Snlo.
Am Beet Eucar. L'.4"m !H-B !. !il 'i
American Can.. ."i,::uo US'" r7 07 vs
Am Car & F.lry :;.M 1 1 7 15i
Am H & L, Kid. ...J.to J:Z 1.10-. 1X:V.
Amcrfcan f.oco. :i.too !M St.". lo
Am Sin & Itet'g. 4.1'Utt s.", S'):i. s.'i
Am Sugar Keig. 3.0'iU 1:17 3:;r.'. 3:;7
Am Sum Tobac. n,4iii His l(ir,i- I j7
Am Tel & Tel.. l.lno ltjl 104
Am 'A L. Km.. 2, (mo 7Ts -7Vj 27Vi
Anaconda Cop.. 4.::oi. 7r, 74's 74
At.hiFon i.ioa lonvi !'..' I'm
A O & W I S S L. 1.700 Jl',7 lliBV-j 17
Baldwni Loco .. 2n.2oi J17'i 11S 114V4
Bait & Ohio 1.7"'. 40' 4HU -I"1
Beth Steel B ... 24.7(111 1"! 07 ?s !'S
B a- s copper. . o.io'.
Calif Petrul .... 4,00(1 IS', -7'i 47'-,
Canadian i'acif. !" Irtl IrtOi, 10(J
Central Leather. 16.UHO 114 '4 111. 112!
Ches & Ohio ... if") r..",Vj r. (;-"'.n
Chi M & St P . . 2. Km 47. 4'm
Chirag.. & X W. "(1 'M !is iis's
Chi K I & Pac Jt.Vs l::Va
Chino Copper .. l.S00 4SVa -41? !
Colo Fu ,4 Iron. l.r.nO .".1 ."tO'i ."O-'S
Corn Products.. t,lho fli K:ii,
Crucible Stei .. :4.ini 140t 13S 137
Cula Cane Suit. 4,nrt :'.4Vi :i4'i
IT S lood Prods. 10.000 S7 1 j 4 R'
Krie 7UO 1S' 1 S V, 18 V,
C.e.irnl Klectric r.'Mi ic.ll 1 (is 1(i1
Ceneral Motors. n.O"rt 2-'S 2-4
c.t Nor pfd .... J.7(" 1-4 ii
:t Nor Ore ctfs. 3.000 4UVi 47 U 47 S
Illinois Central jnnVs
lnsplr Copper .. :t.KO0 i;7S fi (C4
lot M M pld ... .".ion 1J0 ll'.i JlS'i
Inter Nickel 4.en .".01, SO "?
Inter Paper .... ll.joo ti Hi "
K C Southern .. -':t J..
Kennecott Cop.. 1,000 41 i 41 41
l.ouis & Na5h
Mexican Petrol. 12.l(j0 102 1SS
Miami Copper .. !ni .11 "A ::o-j ml
Mi.i.ale steel .. ll.Ooit r.7
1isr:ourl Pacific 4.7"tl IIS 4
Montana Power. 1.2H0 S0";4 -o So
Nc H(ia Copper. C'hi -1 jo-4 -'OTi.
N" i central.... 1. '( '. '. 7f'..
N Y N H & H.. IS.'-.!". 11': ::
Norf ft Wot.... 200 in.-.i, ir.r. in.-.
Northern Paclf. 2.0..O n4-i :i.C-i MS
Pacific Mall .... 400 SU-i :: :i
Pac Tl & Tel "4
Pan-Am Petrol. S.r.oO lir.i 112. II".
Pennslvanla .. l.Ooo 4. 4(i 4(.'4
Pet.nsvlvnnia .. I.ooo 4'; 40 4.'-.
Pitts & w Va.. 2.000 a!- ::t :.!
Plttsbun Coal.. ."..70i 7.-.'-j 71 .1'j
P.av cv.nsol Cop. 1.C.OO 20-. 20'.
lteaditis r..!KM
RP lr & S'eel.. -.!" :,r'' Ji's
Shat Ariz Cop.. POO 17H li'i t-'.
Sin Oil & Refe. 41.s"0 Kl-. .. r.
Southern Pacif. f.ooo 301'; lo.
Southern P.y ... 1.7"rt 2J4 2nH
studobsker Cor. I2.::no 11.1 lOfttj
Tt-Tas Co - :''nrt -7 2i- -'
Tobacco Prods.. Z.4"n 112 107 111
Union Pacific .. 2.400 I;-'.
Unit ("lg Stores. 34.200 210'- J12 t.,
U S Tn.l Alcohol K.OOO 142'4 l.V 140
t. S te-1 ...17i200 US'. 1K)"4 110-.
do p-d : wo ii-.. iiv- 1"-,
TVch Copp-r ... 3.-100 01 . '.'2 !?.
Western Union.. 2'0 J f'S
Westing Electric S.7f r.!i r,0 r.J.
Wlllvs-Oi.er'and B.Soo r,
p.o-..-;i r-utch ... :i ti !Vi r4 p;-.
National T cad .. 1.7 JS 1 i
Ohio Cities !0'i o.--. o's
BONDS.
U. S. ref. 2 reg. !.' Nor. Pac. 4s 0
do ref. 2s cou. !-0's Nor. Pac. 3s HI S
do con. 3s reg. M jl-ac. T. si T. f.s.. 2 Vs
do con. 3s cou. ! Penn. con. 4s.. .",,
do 4s reg Mnr,i; sou. Pac. cv. os.l(.ij
do 4s cou 10H Sou. Ky. 5s 1 1
Am Tel cv. fit lf'2S Union Pac. 4s S4 Vs
Ahon! gen: 4s TfllU. S. Steel r.s ...lOI
r Ft G ref. 5s BOH!Ans1o-Frenth 5s. OtVa
X V ten. db. tts MH i
Boston Mining Stork.
BOSTON. July SO. ("logins quotation
Allnuez 00 IXurth Butte
Arizona Corn ir,;,rnj Dominion...
al. and Arix... S3-jOet;eola
18SI
4."i
r,5
7H
fal. and Hecla.4. -juint-y
PuntcnniRl . .
10 iKu
and Boston. 4:1
ivitiiii'r Ranee. . ROU 'Shannon
Kant Butte J81 I'tah Con.
12
45
Kranklin . . . .
JtoyaJle. .
T,ake Copper.
Mohawk
6 U Winoni
3K1-. Wolverine
4 z 'iranby Con. ...
SI tireene Cananea.
Money, Exchange, t'Ac.
NEW YORK. July 30. Mercantile paper,
unchanged. Sterling. tiO-day bilts, 4..il ;
commercial 60-day oil's on banks. $4.31 Vi :
commoixlal 60-day bills. $4.31: demand,
$4.5: cables. $4.36. Francs, demand, 7.34;
cables, 7.32. Guilders, ijemand, 37 3-1 ;
cables, 37 7-16. Lire, demand, cables,
S.OO. Marks, demand, 6S; cables, 04.
Time loans, stronff, unctiansed.
OnJl money, firm; hlBh, low, rullnir rate
and closing bid. f. per cent: offered at 6i
per cent; last loan. 6 pr cent.
LOGSL LIVESTOCK STEADY
PRICES IN" ALL IIXES REPORT
ED HOLDING WELL.
Run at Yards Liht One and Trade
Is Moderate In Volume. Sales
Mostly Small Lot?.
The run at the Portland stockyards yes
terday was h. rather llGlit one. the totals
being 170 hog. 124 catiie, 10 calves and 151
sheep, and the market showed little change
from the condition of the pa-st few days.
The day's trade was moderate in volume.
Cattle values were reported to be holding;
up well, but the day's sales were for the
most part small lots of fair to medium
grade stock, which disclosed no pronounced
market tendency.
In the hog division the situation was
about the same. For quality porkers tha
tup price paid was $23, the limit for sev
eral days back, but dealers reported a good
general demand.
Several lots of Iambs were disposed ot at
orlees running from $S lo 1 12.25. Mutton
alues so far aa could be ascertained were
unchanged.
The day s sales included the following:
"Wt Price Wt. Iric.
6 calves 1H6 $12.00 5ft hogs. . 2t8 23. 00
2 calves 175 l.VOOi 1 1 hoirs. . 310 22. OO
4 calves 3P7 JU.&u lShoqs.. 14S 20.50
2 cows. 9h 3.7.. TS lambs. P5 6 0O
! cows. "12 S.25. 27 lanih!. W 12.0
2 cows. 740 tl.oo. -4 lambs. M 12.25
3 cows., 736 3..'.0 134 lambs. 1'3 12.KO
3 cows. 733 7. Oi. JOlamhs. 72 12.00
7 cows. 1M0 7.UO, 'J lamos. SO 12-uO
1 cow., 1070 IVt"t; Si Iambs. g.&u
lbull.. 13:0 7 -V); 8 ewes.. 121 6,75
3 steers itiO lo.no! 5 ewes.. 114 tt.r.n
J steer 1;5 10.25' 6 ewes.. 10T 7.00
14-Meers 11S 10.-J3f .1 veirl.. ion R.no
lieer. .i f .'.iM 1 1 y arl. . lot 8.00
4S hon. l'-5 23.0O- 43 yrl., 76 tf..'
43 ho. V.T 23. oo Hn wrtU., 7.75
7 hogs. 224 21 50 2 weth.. 155 6.00
1' hogs. . 233 $22.75 Iweth.. 130 S.uO
Qf it-& a( the yar'is were as follows:
;n..,l to choice steers $10.0012 00
M diym to choirs steers j.uO'i- J..'.0
Fair to good Mcers 7.75 r h.75
Common to fair steers , l.(tp 7.50
Cood to choice cows, heifers.... 7.50f P.ut)
Medium to good cows, heifers.. .."iO u 9.25
1'HntlrTH 3.l'f 4(K
'a Ives . " '. " ! '. . " I I 3 00i 15.00
Stock era and feeders 7 OO i 10.00
Fair to medium cows, heifers.,. 4.60 4.04)
Hogs
Prime mixed 21.5Oa23.O0
Medium mixed . 20 5i kt -j .K
KougU heavies 1 !.7" 2U.25
pies 18.75tf 19.75
Sheep
Prune lamb" 11.50r12.50
Fair to medium lambs..- 9 OO 0 10. OO
Tearltnrs ..................... oo $ ft Ml
w eincrs h n 7 ..w
Cwcs
6 00 7.0
50
Chirac IJrestork Prires.
CHICAGO, July 3. Ilog Reipts 12.
"Mt. higher. Top. $J3; heavyweight $21. 34
t22.i0; rnedfutn weight. $21 55' 23: light
weight. $2l.l-.&22 05; light light. $2i.75y
22 a: heavy pa, kmc sow, smooth, $j0.5oj
$21 25; pus.. $1H5021.
Cuttle P.eveipts ll,0i0. weak. Beef steers,
medium and heavyweight, rhoic-e and rlme,
$li.75 if 1K.50; m-ntum and good. 12.25V
175; common. $10 25y 12.25; but'ier ml
tl. heifers. 7l cows. $7r).75; ran-
ners and '-utttn. fZ.oO'rp?; veal tAivcs. light
and handyweight. $ 15.75 1 6.75 ; WUrr
steers, $7.75t 13 75: Bloc ker htecrs, $70 11.25:
western ran go ateera. $25 14.25; wwi aud
heifera, $. 5'i - 12 75.
Miep Ret eipta 10.000. slow. Lambs, S4
pounds down. $ 13.25 16 25; culls and
t-ommun. $ 13; yearling wethers. $10.5j a
13; ewes, medium, good and choice, $7fcr 'j.
SeaUle I.iTestork Irirea.
SEATTLE, July 0. lloga Steady. Prime,
meuium t choice, $2J Mis
22. i5; rough heavies, $20.50 ft 24J.S5 : Diss.
$20.50 -921. 35.
Cattle Steady. Best steers. S10.5Ofill.25:
medium to choice. $it?9.50; common to good,
I'i'aS; best cows and heifers. $7.50 9.50;
common to good. $0 7.50. bulls, $ 'tj 7.50;
calves, $7.25&t I5.rn.
GORH MARKET GfTOTES
RAIN'S IV SnDDLK WEST FORC13
PRICES DOWNWARD.
Oats Reported Weaker In Sympathy
Willi Corn. Provisions Trade
Pull and Irregular.
rillCAGO. Ju!r 0. Many showers and a
prospect of numerous others did much today
to bring- about lower prices In the corn
market. Except for July, which showed a
n-t gain of 1 rent?, the market finished
weak, at 1 Vi to 2- renin net decMne. with
September S1.95 l.n.1 H and necember
$l.ie$l.r!. ()ats lost ; to 14 cent. In
provisions, tho outcome rnnced from a set
back of 45 cento lo 5 rents advance.
Oats easd down mainlv in ivmnaihv with
corn. Both cereal a continued to he de-
precso in fftmn O'irree by the rare riots
and car strike here.
Provisions were dull and Irre srii'a r. Tte
ncwat of strength In the hog market coun
terbalanced somewhat the weakness of
grain.
heading futures ranged as follows:
CORN.
Open. High. ai.ow. r:o.
Pept $1.03 $l.! 1.93 $1.ft5S
Dec l.G'J'i 1.71 1 .S H 1
OATS.
Pept K0 .RO .7Tu, go
Dec 82 ,S.I .2 Vi .82S
POR K.
July 55. no 55.no nn.ao
Kept 51.73 f.2 00 61. G5 Sl.i5
LA P. P.
Sept 34.50 34.57 34 50 4.50
Oct r:4 45 31.37 -4.37
R I US.
July 29 no 'JS Jift 2S.B5 2.5
Sept 2S.50 28 57 2S.45 2V45
uh Prices were;
Corn No. 2 mixed. 11.A9: No. 2 yellow.
$2.0li 2.01
tai?-No. wnite, 18 it sic; ro. 5 w nite,
7S J HO c.
Rye No. 2. nominal; No. 3. fl.66'.
Parlcv $1.2K"i 1.4:;.
Timothy Sft'-i II. 60.
Clover Nomina:.
Pork Nominal.
Lard $:U.
1: 1 ba $2S 20.
Seattle Kerri Quotations.
SEATLK, Julv 0 city delivery: F1
Miil. 144 ner ton: rratch. $si; wheat. S'.;
j..l-grain chop, $74: ots. $'17; sprouting
on ts. 73f rolled ont. 510: cracked corn.
2; rolled barley, $71; clipped bar'.ey. $75;
aJfalfa meal.
Hay Kastern Washington timothy, mixed,
$35'iS?,6; double compressed. $40; alfalfa,
$-132.
H.VRVEST It BSn.TS A K Y WrDELY
Wheat Crops Running From Failure to Best
Yet Kerorded.
Following Is the summary of weather and
crop conditions In this state for the week
ended July 29, as prepared by Edward L.
Wells, meterologist of the weather bureau:
High temperature preTailed at the begin
ning of the week, but about tho middle there
was a change to much cooler, the tempera
ture in some localities falling almost to
freezing. Toward the close of the week ths
temperature was again above normal. A
large number of local thunderstorms oc
curred In various parts of th state, but
the amount of rainfall was generally too
small to be of benefit to crops, to quench
the forest fires, or to seriously delay farm
work. Many forest fires were started by
lightning. Water for irrigation Is becoming
scare In many localities, and many springs
and small streams are falling.
Harvest of winter wheat continues, with
results varying from almost absolute failure
to the best on record. However, In tha
principal wheat-growing counties the yield
Is generally as good aa was expected. Soma
wheat has been cut for hay. Harvest of
spring wheat and oats is In progress except
In the more elevated districts. Kxcept in
the western counties, and where Irrigated,
the crop is light. Irrigated corn Is good;
unlrrlgated corn needs rain, but except over
limited areas haa not been permanently in
jured by drought. Kara are forming in
Josephine and Malheur counties.
Apricots are still In market. Peaches and
eaxly apples are being marketed In increas
ing quantities. Picking of raspberries aud
loganberries Is approaching completion In
most sections, and Dirking of blackberries Is
in full progress- Evergreen blackberries are
ripening.
Haying is generally complete except for
the late cnttlngs of alfalfa and clover.
Where not irrigated these crops are In need
of rain. The second and third crops of
alfalfa will be short In some localities, ow
ing to scarcity of water for Irrigation. Tha
third crop of alfalfa la approaching maturity
in parts of Umatilla county. Pastures and
ranges are very dry except In the higher
mountain?, but there Is little complaint of
shortage of feed, and stock Is generally in
fair to good condition.
Potatoes and all tmirrigated garden vege
tables need rain. Some early potatoea suf
fered from blight. The market Is fairly
well supplied: with-potatoes and vegetables.
Hops are doing well.
CANADA TO HANDLE WHEAT CROP
Dominion Government Will Buy and Sell
Cereal Output.
OTTAWA. Ont. July 30. Tho Dominion
government late today decided to buy and
market the Canadian wheat crop of 111 19.
Th. rnn will be sold "at prevailing world
prices, and the surplus proceeds will be
divided among the original sellers of the
wheat. Speculation and profiteering will be
prohibited.
The main features of the plan as an
nounced are:
1. A board to buy and market the crop
of
2. A cash payment on account to be made
to the farmer at the time he sells his wheat.
3. Tho wheat crop of Canada to be sold
by the board at the prevailing world prices
and the surplus proceeds, after expense are
deducted, to be distributed to the original
seller of tho wheat in proportion to grade
and quantity.
4 No floeculatlon on exchanges or profit
eering by handlers to be allowed In dispos
ing of the crop to the disadvantage of either
producer or consumer.
5. A direct and Immediate eish sale by
the farmers and a speedy market for the
itdd alonsr tho usual channels 01 transport.
The personnel of the board which will
handle the crop will be made known soon,
as will the Initial cash payment to be made
on account to the farmer at the time of
the sale of his wheat.
IMPORTS FROM EUROPE INCREASE
New York Reports Decided Gala for Jane
Over Let Year.
NEW YORK. July 30. A gain of more
than $18,000,000 in Gu ropes n Importations
arriving In New York during the month of
June. 1919, is recorded over the correspond
ing month of last, year In figures made pub
lic by the custom house today.
Last months Imports from Europe totaled
I44.10S.679.
Imports from Asia and the orient reaching
New York fell slightly more than l..SOo.Oou
for June of this yea-, while from Australia
and New Zealand the gain was less than
$10,000.
Coffee Future Decline.
NEW YORK. July 30. The market for
coffee future was generally lower today
with the exception of July, which advanced
50 points on covering by belated ahorla. The
opening was I to 2 points higher as a result
How SKall I Invest My Savings?
The security described below is an answer to your
often repeated question: How shall I invest viy sav
ings? In our judgment judgment ripened by over
a quarter century experience in the Government
and Municipal Bond business this security is
a safe investment, and, because of the unusually high
income it offers, we recommend itto investors and
clients as a very profitable security. Be a Coupon
Clipper.
3200,000.00
City of Edmonton Gold Notes
Dated February 15, 1919
The City of Edmonton is the capital of the Province of Alberta, which has an aira of
about 255,000 square miles and a population (estimated) of 600,000. It exceeds in area
any State in the United States excepting Texas, beinjt five times preater than New
York State and as large as the combined areas of Montana, North Dakota and Minne
sota. It is one of the most productive of all the Provinces of Canada.
With the rapid development of the contiguous territories now opening up, Edmonton
should continue to increase steadily in importance. With its wide thoroughfares, its
excellent public and commercial buildings, its attractive residential districts and Fplcn
did location, Edmonton is one of the most substantial cities in Western Canada.
Exempt From all Dominion Government Taxation.
Price: to Yield GV4
MORRIS BROTHERS, INC.
The Premier Municipal Bond House
Morris Building, 309-11 Stark Street, Between Fifth and Sixth Sts.
Telephone Broadway 2151 Established Over 25 Years
of firm cable nd nopport from Mnmlinlnn
tiouhu and Ilrazll. bul ftfl.r September bad
pout at --.3io and Lor-rmtr al lie rr-it.-uon
orcurr'l undfr W ill Firret sclltnff and
fattMd Imuldalt'Mi hl-'h for-.d D"-emb.r
duvn to 2l.7.Vr. Krom thljt l.v.l flight
Inn ratli.s orcurr.d on rov.Tifls and r -n.walof
bull aupport. witn tha i-lo- 4 to
UO point, nrt Inwrr. Sepumbfr, J : Ot
lobfr. -2. 1K? ; 1 m bT. l.aoc; January.
2 !.-: May. 52 Sic.
Spot .-of fo. Ati-arty- Rio . 3. V Vc ;
Fantoj 4. a0.t0,c.
NaTaJ Storra.
KAVANVAir. Oa.. July SO. Turpentine
firm. (1.3.1; calr, -11 . reccigla 4S7. aaip-m-nla
H-".". ,lo k lo
Kooin firm. ! 070. receipts 3. anlp-
mnl 121. tttofk 60.04.
Quot.: B. (10: u. K. I7 r. an no:
O. (1T.7.1: H. HS.20: I. C1.VTO; K. (I .O;
M. CI; N. (21 iO; WCi. 2'J so; vi v .
Chicano Ialry Produc.
CHICAGO. July 30. Butttr. higher;
cr.am.ry. 4 S r H
I'-rtrn. lower; rooripta. i;n unw.
42 't 43c: ordinary flrMa. r.rvoi,c; at mark
ru Include. 304!c; toras packed
lirna. 43t44c.
Poultry, alive. lower; low la. .uc; aprio,..
SO 9 32c.
New York Metal Market.
NEW VOKK. Ju:y -0. Copper and Iron
unrbonffed.
I-ail. e.-iv. i'pot. (3.T5055; Aaro't
(3 72 , 5.S7
Spelter w.iik. r-it St. T.oal, rt.llve-y
pot offered at (7 62', ; Aucuat. (7 SiO7.70.
l.lHerty Bond Qaotationa.
XF.W YOHK. Julv 10. 1ho final !'
on I.lbertv bonda today wr: 3i- '.;
firat 4a. (044O; aerond 4a. $!1.62: firal 4 a.
r4 !0; a.cond 4 'i a. C4); third 4 a.
('.'.in; fourth 4 a. Ml 10; wlcloo" 3-Wa.
(il'.l.KU ; victory 4 '. lrt
Sao Franefcarai nalrjr Prodnee.
SAV FRAXCISCO. Jnly SO. Butter. KHt.
Krra Freah extras, S9Vc; extra pulleta.
52o.
Cheeie Flrsta, Kt
Bar fiU-rtrr Qaotationa.
NKW TOKK Jly SO- Bar sllTer. (1.07.
Mexican dollara. S2t
Root Cotton ln.lt ationa.
NEW YORK. July SO. Spot cotton ateady.
Middling-. (34..S0.
TtaHry and Tlax rrirea.
WTTTN-EAPOLI" July SO. Barley. (1.24
1.34. Flax. (8.10ffV12
Tfopa. Ill den and Wool.
JfTTW" TOKK. July 50. Hon. hldea and
wool unchanged.
nried Knilta In New Tork.
XFTW YORK. July 30. Kvaporated applea
quiet. Prunes atronc. Peaches firm.
TXllnth Mnaeed Markea.
DTJLTJTH. Ju:y 10. l.lnaeed. 12ff.13.
New Tork Hnrar Mark.t.
NEW YORK. July 30. Puitar unchanged.
VICTORY BARSREADY SOON
Distribution Expected to Rcgin
About AuBrust 9.
WASHINGTON. July 30. Distribu
tion of victory ribbon bars will begin
Immediately after manufacturers start
delivering; them on AuKUSt 9. the war
department announced today.
Four hundred thousand bars will
be sent to recruiting; stations and army
posts In the first shipment. Victory
READQIABTERJ
for
LIBERTY BONDS
We BUT and PETT-t any
amount, ew York quo
tations by wire every
morning; interest in
cluded; 3's...
Klrat m...
Secoad 4a..,
Klrat 4',...
ceroid 44t.. ,
third 4V,a. ..
Kotartk .
Irtory a..
. .aino.no
4J
K4.4l
. . .-.t;t:i
4.x
. . ve.Tj
. . .vr.4
. . 1004
If necessary to sell
vour bon1s. bring; them
to ua. We ray hl;b
est local prices.
ROBERTSON & EWING
Firlaaive Dealer fa
COY ERA MK NT. CORPORATION A AD
.Ml.MllML BO.U!.
SOT - 8 H. W. Baak Balldlaa;.
DENOMINATION $1000
Liberty and Victory Bonds
If yea mast a4t your 1 Iheriy or ictory hood, sell to If you cast bay more
Liberty or Victory Bonds, buy from a.
On Wdnendy Julv SO. the cloning market pricoi re as given below. They
are the govern. n prto-s lor l.lbenv and Vuiory bonds ail orr the morld. and
the hlKhent. We adverti-- the prices dally In ordr that you msv always know
the New York marke, and the exact alue of your Liberty and VUtory bonds:
!M "Int. 2d. Sd. 4th. Virt'y Vtct'y
3SS. -ia. 4. 4', V.s. 4,f 4 s. V s. 4
M"rkt prica.$ oa.r.n fwi.o $13. ts '. im.m $ i hj n f m
Accrued Int.. ,5 -M .b4 .. AM 1 M l.i ,7 .14
Totsl ...tlOOOl f 94.71 S&4.46 $A5.3 4 ! XI T.t Si Sr. SIOO.TO SlOO SO
Whn buvlnz w Ifdr ;:7- on a f bond and $J.?0 on a finoo bond.
We bc'.i at the Nw York market plus th accrued interest.
It u rc I n ( and tlrrvraof tafe HepoeU Bote for Ke-nt.
medals will be distributed throurh the
cam agencies Utr.
Soviet Slndrnt. Kxcluilcd.
UNCOIL. Neb.. July 30. Chfinoellor
Avery, of the I'nlvrralty of Nehraska,
today announced ho had denied the ap
plication to admit to tha Intvervlty of
Nebraska for te-hntol tralntn.fr a num
b. r of students identified with the led
eral aoviet repubiic of Russia.
I.allicrans Have Plinlo.
VANCOUVER. Wash.. July SO. (Spe.
rial.) The second annual reunion and
picnic of the Lutherans of Clarke
county was held today at Prohibition
park. Orchards, under the aueplrea of
the Clarke County Immigration associa
tion. Besides music and athletic con
We own and offer, subject to prior ssl
15,000 Pounds Sterling
Government of the
Argentine Nation
6 Treasury Gold Bonds
Due 9ii Months Hence May 15, 1920
Coupon Bonds in denominations of 200 pounds ($97.,
Principal and interest (November 15 and May lot
payable at New York City, in United States gold dol
lars, at the fixed rate of $4.S6 per pound Sterling.
These Treasury Bonds were issued for the purpose of
f urnishino; means for the extension of sanitary works and
the water supply of the Federal Capital, Buenos Aires.
TIIEY ARE THE DIRECT GENERAL CREDIT
OBLIGATION OF THE
whose faith
and credit
payment.
PRICE:
99.66
Lumbermens
Lumbermens Bldg.
Six Hundred Thousand
6
Interest eejaele la OoM In , Tart Cuy
933,500 Burnabr, B. C-. 6's 1924 at 9S.85
$21,500 Montreal, Quebec, 6's 1923 at 100
$ 6,000 New Westminster, B. C. 6's.. 1923 at 99.56
$48,000 Canadian Northern Ry. 6's 1922 at 100
J 1 7,500 Quaker Oats Co., pre. 6 Co... at 99
Oafl er ahene far aotalls Wire ereaea "called-
sFreeman Smith & Camp Co
Rexburg Idaho 6 Improvement Bonds at Par
Government and Municipal Bonus
Bought and Sold
f.l.nevereaux Syfompany
87 Sixth Street
Grt und Floor WelLs-Fargo. Uuildias
Due February 15, 1924
tests in rharcc or Irar Orae, the fl
lowing artdresaoa were iItfk: "ImstA
arration Features of Our Asorlal ion.-'
V. S. T. I)err; -Cardinal Lu'neran lriw
clples." Itev. K. W. FilJ'jrd; "I.uthenu
Hisiorr." H.v. J. C. Kur.rm.n. I. I.. of
I'hiiadclrhia. I'a.
Taroma UrMiumnl Men Arrcicl.
T A COM A, Wajh, July SO ( Special, t
State and city food Inspectors swore
out warrants acainat i S Tacoma restau
rant projirictors yesterday, chararlnc
them wl;h serving skimmed or watered
milk without proper labrlinc. More hc
resM will follow. City Insrcctor lSutton
a id.
riione our want ads to The Orcgo
rlan. Phone Msln 707O. A "-,.
ARGENTINE GOVERNMENT.
are pledged for their prompt
TO YIELD 650
Trust Company
Fifth and Stark.
Dollars in Capital and Surplus
6V4
yield 6.25
yield 6.
yield 6.125
yield 6. .
yield 6.06
aWRrHWtSTEPJN BANK BUILDIhsst
Main 64
Broadway 1042
J A