21
Tim MORNING OREGOXIAX, TUESDAY, AUGUST 5, 1919.
LAST
IS
OF WOOL
SHIPPED TO EAST
All of Government Stock Sold
Has Been Moved.
NEW CLIP ALSO ABOUT GONE
JMarket Is Firm With Slrong De
mand for Fine Wool and More
Interest in Medium Grades.
Taroma . .
Spokane ..
2. 120.520
6r,.50
W.50
69.00
51. SO
69.00
59.00
per
The last car of government owned wool
that has been sold was shipped east yester
day. There Is still unsold In this city be
tween 2.000,000 and 3.000,000 pounds of 191S
government owned wool and In the country
as a whole some ir.O.ooO.OOO pounds, a small
Quantity considering the needs of the trade
this year. This unsold wool will not be
ffered on the market until November.
The current clip of Oregon wool Is being
tlosely sold up. The market is In a firm
position and all offerings of fine wool are
being quickly absorbed. Mediums are also
moving. Manufacturers' samples show a
preponderance of medium wool grades,
which would lrdicatethere Is eoing to be
a better trade in this class of wools from
sow on.
Wool supplies left in the west have been
cut down materially and only In eastern
Idaho, and in New Mexico and Colorado are
there any considerate stocks left, and even
In these states tnere is no great quantity
of wool available. The wools have been
pretty well cleared from the growers' hands
stud even from the ownership of dealers.
In the. bright wool sections, chiefly east
f the Mississippi river, there is more or
less wool of the medium order still to be
had, possibly -40 to 50 per cent of the clip
still being in the hands of the farmers or the
country dealers, principally the former. The
percentage of fine wool still unsold, espe
cially where it runs largely to staple. Is not
large, fully 75 per cent of the fine wools
being sold according to the best estimate
Of well posted buyers who have recently
toured the bright wool states.
BAD SUMP IN tOAKSK GRAINS.
Local Market Is fl.50 to 3 Lower Than
on Saturday.
Grain prices had the worst slump of the
season yesterday. In view of the severe
br.aks In the cast it was no surprise that
bids on the local board should be reduced
1 .Ml v. r, h ton.
t.'orn was the worst sufferer, offers of
.... ? Itsi l il for shipment and
r'..r riviivRrrrl under the prices bid Satur
ia, Two hundred tons of August clipped
oats sold at 3. or SI. 50 under the close
r last week, but bids for while oats were
nine fcarlev bids were reduced fjit3o0t
feed barley 13.50 and eastern bulk barley
At Chicago, September barley
dropped 6 14 cents to U-3U and December
cents to the same quotation. For De
,...i,er harlev at San Francisco. 13 was bid
I3.US asked against taturaaj s saies
PORTLAND MARKET QUOTATIONS
Grain Flour, Feed. Etc
Merchants' Exchange, noon session.
Bid
Oats Aug. Sept.
No. 3 white feed $0o.iI5 o;l.50
FE;trlev
Standard feed 63.00
No. a blue 65.00
Com
No. :i yellow 70.00
Eastern oats and corn, bulk:
Oats -
No. 3 white 51. SO
3-lb. clipped 52.50
Com
No. 3 yellow 70.00
Barley
No. -2 59.50
WHEAT Government basis, $2.20
bushel.
FLOUR Patents, til. 43 delivered: J11.30
at mill: bakers. J 1 1.1.", S 1 1.30 : whole wheat,
$10. 'jr,ta 10.40: graham, $10. 10.20.
MILLfEED .Mill run. f. o. b. mill, car
lots, $41 per ton; mixed enrs. $41; ton
lots or over, delivered, $1.50& "J.OO extra:
rolied barley, $71; rolled oats. $t6; ground
bariey, $71: scratch feed, $s-J.
CORN Whole. $82 ton; cracked, $4 ton.
HAY Buying prices, f. o. b. Portland:
Alfalfa. $:io; cheat, $20; oat and vetch,
$2U; valley timothy. $28. ,
I;ilry and Country Produce.
BUTTER 92-score. 5757Ac: 91 -score.
5fi4e: S0-core, 5tlc; prints. parchment
wrappers, box lots, lllc; cartons. 62c; half
boxes, c more: less than half boxes, lc
more; butterfat. No. 1, 14iG2c per pound,
CHEESE Tillamook, f. o. b. Tillamook;
Triplets, 33c. Young Americas. 34c; lons-
horns. 34c: Coos and Curry f. o. b. Myrtle
Point, triplets. 32c.
E;tIS Oregon ranch, candled, 52'&'54c;
selects, &.c: Oregon Poultry association
selects to retailers, 55c; association pullets,
50c.
POULTRY Hens. 27929c: broilers, 23
30c; geese, ducks and turkeys, nominal.
VEAL, Fancy. 25c per pound.
POKK Fancy. 2Hc per pound.
FrniM and Vegetnblen.
FRUITS Oranges, $4.7.",-(i G.75 ; lemons. $7
8. .10 box; bananas, 9cc per pound:
apples, $2J4 per box; grapefruit. $o.50&
cantatoupea. $1.25'a3.50 per crate; aprt
cots, $22.25 per box; pe iches, 50cr l.r0
per box; watermelons. 14 a 2c per pound
plums. 90cvt$l.5O per box: grapes, 2.00
per box; pears, So. 1 4.0U
VEGETABLES Cabbage, $3.00 per lOO
pounds: lettuce, $22.25 per crate; pep.
pers, $1.30 per box; beets, $3 per Back;
cucumbers, 75cg$1.00 box; tomatoes, $1.50
ti 2 per box; peas. 71 10c per pound; rhu
barb, 5c per pound: beans. 8&10c.
POTATOES New. SJ.0ieir3.00 per sack.
ONIONS Walla Walla. 3f!3tfcc per pound.
California brown, 3tt31ic per pound.
and
Provisions.
Local jobbing quotations:
HAMS All sizes, choice 4445V4c; stand
ard. 43 44 ;-: ; skinned, 36&3ic; picnic. 2a
4t30c: cottage roll. 3bc.
LAKD -Tierce basis, ti'c: compound. 30e
Der pound.
UHi salt bnort. clear backs, Bue35c:
plates, 2729c; exports, 31c.
BACON lancy, o35ac; standard. 46
49c; choice. 39 43c.
Staple Groceries.
Local lobbing quotations:
SUGAR Sack basis. Fruit or berry, $9.65;
beet. IU.55; Honolulu cane. $9.60; extra C
$9.15; powdered, in barrets, $iu.za; cubes. In
barrels. $10.45.
NUTS Walnuts. 27 35c: Brazil nuts, 85e:
filberts, 26c. almonds. 24c3Uc; peanuts.
11 '& loc.
SALT Half-ground. 100s. $17 per ton
50s, $18.75 per ton; dairy, $20.00 2S.00 pet
ton.
KICE Blue Hose. 13 14c per pound
Slant. 12c per pound
BEANS Small white. Vi S 10c; pinks.
7l5v; Llmas, 14c per pound.
COFFEE Roasted, in drums, 39 50c
Ilops, Mohair. Etc.
HOPS 1919 contracts, 52c: three-yeat
contracts. 50c. 4oc. 30c: 1918 crop. 55c.
WOOL Territory staple. 4Sfi.Kc. accord
ing to shrinkage: clothing or French comb
leg. 4",'" 54c; half blood combing and cloth
ing, 45tf6oc: three-eighths clothing -and
combing, 4."'dH5c; quarter-blood clothing an
combing, 401i.57c; common and braid, 3i)
f(L 50 e.
MOHAIR 1918 clip, 45c per pound.
TALLOW No. 1, 13c per pound; No.
12c per pound; grease, bWlOc per pound.
CASCAKA BARK New, 11c per pound.
GRAIN BAGS In carlots, 20c.
, 13 "iv and tor May J was
$3.15 asked against sales at $3.25 at the
.!..!.. ,tf last week.
The southern export committee has
..lacri t embargo on barley, both export
..td domestic, from California, moving to
via T.aa Cltv. Galveston. New Orleans
and Mobile, subjecting the transportation
haul thereof to formal permits of the com
mittee In view of the extraordinary move
ment it Is necessary for regulation to avoid
congesting at the ports. During Juno
62.5H6 tons of barley was moved by rail
to New Orleans and Galveston.
San Francisco Itecoipts from Washington
for July: Flour 175,048 sacks, oats 80
centals, bran 5218 sacks, middlings 6000
sacks, shorts 1125 sacks, feed 29,125 sacks,
via rail 1600 qr. sacks flour. From Oregon.
34.776 qr. sacks flour via water, 12.SOO qr.
sacks flour via" rail.
Weather conditions In the middle west.
vired from Chicago: "Chicago ciea..
Minneapolis clear, cool. Vr innipeg
part cloudy. 75. St. Louis clear, war.,..
Kansas City clear, cool. Topeka clear.
Omaha clear. 78, no rain. L.uluth clear.
Davenport clear. 84, rained Sunday
Official reports state that the Italian
crop of wheat this year is smaller than last
year. It Is estimated the acreage to wheat
Is some 1,250,000 acres below the pre-war
Terminal receipts, in cars, were reported 1
by the Merchants' Exchange as follows:
Wheat.Har.Flr.Oats.Hay.
58 1 b i o
r.n 3 2 9
as
warm.
Oils.
LINSEED OIL Raw. barrels, $2.37; raw.
cases. $2.47: boiled, barrels. $2.39; boiled,
cases, .'..
TURPENTINE Tanks, $1.62; cases, $1.72
U4.-suli.1!; iron barrels, 23sc; tan
wagon, 23'4c; cases, 34c; engine distillate,
Iron barrels. 16c; tank wagon. 16c; cases.
26 tec
COAL OIL Iron barrels, 1316c: tank
wagon. 13Vfcc; cases, 24&31C
Diversify Your Investments
We recommend for investment the following dependable
securities :
Cottonwood Highway District, Idaho, 5'2 Bonds,
to Yield 5.15
Tax lien bond of district with acre debt $4.50 for land
worth $100 to $125 per acre.
Deschutes Valley Water District, Oregon.
6 Bonds, to Yield 5
Direct general tax obligation of 19,800 acres, including
towns of Culver and Metolius.
Bingham County, Idaho, 5 Bonds, to Yield 4.80"
Obligation of county which has heretofore refrained from
issuing bonds.
Quaker Oats Company 6 Preferred Stock,
to Yield 6.06
Net earnings last year were six times preferred stock divi
dend requirements.
Canadian Northern Railway 6 Short-Term Notes,
to Yield 6
Canada guarantees principal and interest of the bonds
pledged as security of these notes.
Government of Switzerland Ten-Year Gold Bonds,
to Yield Over 6
Direct obligation of Government of Switzerland.
Government of the Argentine Nation 6 Bonds,
to Yield 6.50
Faith and credit of nation pledged for prompt payment, of
these bonds next May.
Full details on application.
Orders may be te lephoned or telegraphed at our expense.
Lumbermens Trust CQmpany
Lumbermens Building Fifth and Stark
Six Hundred Thousand Dollars in Capital and Surplus
Absolutely Sate Investments
Your money invested in any one of the
Bonds listed below will just as surely
deposited in any bank in the United States and, in addition, consid
ering this fact, will yield you an unusually high rate of interest.
Government and Municipal
be paid as a like amount
I'lrmpt From All federal Income Taxes
Rate Maturity Trice Ticld
Is..
20. .
lO.nort tAtoria, Oregon, Improvement. Series No.
6.500 t Astoria, Oregon, Improvement, Series No.
32.827 tt Astoria. Oregon, Improvement. Series No. 21.... (
15.000 Astoria. Port of, Oregon S
16.000 Astoria, Tort of. Oregon 5
10.000 'Astoria, Port of, Oregon 6
Astoria, Port of. Oregon 6
Astoria, Port of, Oregon 5
JJ
J&J
J&J
J&J
J&J
J A J
J&J
J&J
tClatsop County, Oregon, S. D. No. 30..
l!20-? to net
1920-29 to net
1 920-3 to net
1937 101.17
1938 101.21
1944 101.42
1945 101.45
1948 101.5
Columbia County. Oregon, Road 5
Pougrlas County. Oregon, TJ. H. S. D. No. &
Douglas County, Oregon, S."D. No. 1 (
tKlaraath County, Oregon, Road Bonds......... 5
tKlaraath County. Oregon, Road Bonds......... 5
tKlamath County. Oregon. Road Bonds......... 5
t Klamath County, Oregon. Road Bonds... 5
tKlamath County, Oregon, Road Bonds-. ........ 5
tKlamath County, Oregon, Road Bonds.........' 5
tKlamath County, Oregon, Road Bonds. ....... . 5
tKlamath County, Oregon, Road Bonds......... 5
tKlamath County, Oregon, Road Bonds S
41,704 ttKlamath County, Oregon. Road Bonds 5
F& A. 193438 to net
A&O 1924 100.44
F4A 1924-33 to net
K&A 1924-35 to net
J&J
J&J
J&J
J&J
J&J
J&J
J&J
J&J
J&J
J&J
1929
1930
1931
1932
1933
1934
1935
1938
1937
193S
101.97
102.12
102.27
102.40
102.64
102. 6S
102.7
102.89
103.00
103.11
RAILS LEAD IN DECLINE
STOCKS WEAKEN ED BY SPREAD
OF SnOWIEX'S STRIKE.
Portland Monday
Year ago
Season to date. .
Year IKO
Tacoma Saturday
Year ai;o
Season to date . .
Year ago
Sfattle-Sat
Year ai;o
Season to date . . .
Year ago
.3J4
.Hot
. IS
.1
.141
. i5
. 8
" 71
.
49
40
3
0
01
31
46
43
10
7
M
SAX IBANTISCO PRODUCE MARKET
I'rioes Current on EgKA. Vegetables, Kresh
Fruit. Ktc, at Bay City.
PAX FKAXCISCO. Aut. 4. Butter, 591ic.
Kskh Fresh extras, tiOc; firsts, 0Gc; pul
lets, 55'ic.
Cheese Firsts, 34c; Young Americas,
37 He.
Poultry Hens. 30f33e lb. according to
sl?.e; younx roosters, 3S6x40c; old. -tK-; broil
ers 31ii34'. according to size; fryerit. H;l fp
37c, according to quality; geese, nominal;
pigeons, $2.&U3.50 dozen; squabs, 40Q50C
pound.
Vegetables Rhubarb. $l.M)'fI1.7S box: egg
plant, 65Ji7.,c lug box; peppers, bell, 75ftl
lug box; cbile, 75!s$l box: summer squash,
southern, 30140c lug box; tomatoes, 75c Gi
$1 crate; potatoes, garnet. SL'.LTi fi 2.fi0 cen
tal; onions, yellow, $2.5utl!.75 cental; ffreen,
$1.251.50 box; green peas, 7tortc lb.; cu
cumbers. 4l'ir6"c small box; green corn, $2
fJ3.2r sack; okra. Slxil.2r. box: garlic. 2!1'
22c lb.; beans, string, 35c lb.; wax, 3U:5c;
limas. d4rSe.
Fruit Oranges, 54 ft' R.. SO; lemons, $4'6..0;
grape fruit, x.i..itKa 4. fill; bananas, 7((t-c;
pineapples, S2.50'4 dozen; apples, $1.."0'
.50. according grade and tier; plums, tactff
2 crate: pears, rlartlett. (1.511a 3 box ac
cording to grade; peaches. ?14il.2S small
lug box: apricots. 0?i7c pound: cantaloupes.
1.7oi&2.2r standard: figs. $11.25 single
layer: raspberries. $13ll- chest; strawber
ries, $13wl.l chest; red loganberries, $13?
5 chest; blackberries. SH-ity chest.
Receipts Flour, 4318 quarters; barley.
00.643 centals: beans. 814 sacks: onions.
0 sacks; potatoes. Ofifil sacks; hides, 413:
wine, S160O gallons; hay, 685 tons.
Shippings, Steels, Equipments, Oils
and Motors Also Rreak. Sharply.
' Bonds Are Weak.
XEW YORK, Aug. 4. The stock, market
experienced a drastic downward revision of
quoted values today, the entire list yield
ing as a result or adverse developments
over the double holiday.
Extensive liquidation, which had its In
ception In lh4 transportations, reflected the
extension of the railway shopmen's strike
and tne unexpected attitude of the railroad
brotherhoods.
From rails the decline soon spread to
shippings, steels, equipments, oils, motors
and the several specialties which recently
featured, th bullish operations of pools
ana cliques. particularly tobaccos and
leathers.
llross declines among rails and shippings
rangeu irom J to lo points, high-grade
dividend paying shares evincing no better
support tnan secondary or reorganized
properties, telling continued in enormous
tuiume to the end.
In the various groups of industrials and
unclassified shares, the break made greater
inroads, such issues as Bethlehem, Crucible,
Republic and United States Steels. Baldwin
Locomotive, Marine. American International,
Atlantic Uulf. United Fruit. Central Leather,
Hide & Leather preferred. Mexican Pe
troleum. Texas company, American .Smelting,
American Tobacco, Lorillard Tobacco, United
Cigars, Studebaker, Oeneral Motors, Stutz,
Stromberg, Corn Products and American
oolen closing at losses of 5 to almost 20
points.
Sales amounted to l.OOO.OftO shares.
The direct relation of the railway shop
men's strike to leading industrials was con
tinued in the case of the United States Steel
corporation, some of whose plants were
forced to shut down almost completely.
Railroad bonds reacted in sympathy with
stocks and other domestic Issues as well
as internationals were irregular to heavy.
Total Bales, par value, were. $1 2.6." l).l0.
Old United States bonds were unchanged
on call.
CLOSING STOCK QUOTATIONS.
Royal Tutch.
Natl Lead
Ohio Cities. . ,
05 U
88
03
U S lib 3Hs. .
do 1st 4s . .
do 2d 4s . .
do 1st 4U".
do 2d 4 4 s.
do 3d 4 Us.
do 4lh 48.
Victory 3is .
do 48 . . .
'U S ref 2s reg
do coupon .
U S cv 3s reg
do coupon .
U S 4s reg IDA
do coupon ..ltltl1!
2:1.800 50
BONDS.
-!;i.7()Am T & T cv 6s. 102
.m.isiAlcn gen 4s .... i
.03.42'! at R o ref'fts. fio
.H4.10 N Y C deb 6s.. 87
.U3.52 N P 4s 7H
.'.I.,. OS M P 3s
.03.54 Pac T & T 5s.
.OD.WI'a con 4s.... 05
.!0.Kl S P cv 5s 1U2V
. -if..t,o Ky as :l
. !)!! iU P 4s 84
Hit U S Steel lis.. ..10(1
H9 Anglo-Fr 5s U7
13,000
1.000
1.000
1.000
3.500
2.000
29,000
3S.000
62.000
23.000
32.000
-i 1.000
47,000
9 500
4.500
25.000
35,000
1. V
tLake County. Oregon. S. D. No. 5 5 J&J 192939 to net
tSeaside, City of. Oregon. Funding 6 J&D 1939 to net
'Seattle, Washington, S. IX No. 1
Seattle. Washington. S. L). No. 1. Serl-'s 8
tSpokane County, Washington, S. I. No. 14S.
t.Spokane County. Washington. S. D. No. 143..
tBonner County. Idaho. S. r. No. 4
Hon tier County, Idaho, I. 8. D. No. 1 .....
Buhl. City of, Idaho, Water 6
Buhl, City of. Idaho, City Hail S
Buhl. City of, Idaho, lntersee C
Buhl, City of. Idaho. Fire
Caribou County, Idaho, R. & B - i
Clarke County. Idaho. S. D. No. 61 C
tFremont and Madison Counties, Ida., J. S. t). No. 7
Fremont and Madison Counties. Ida.. J. S. I. No. 8 S
Fremont County, Idaho, I. S. D. No
Gooding County. Idaho, Bliss H. Dis
4 M&N lf'IS . 95.00
4V4 MAN 1928 93.55
5 J&D 1922-37 100.00
6H J&D 1922-37 101.38
6Vs J&D 1920-39 to net
5Vi J&J 1930-39 to net
J&D 1930-39 to net
J&D 1931-39 to net
J&D 1930-39 to net
J&D 1931-39 to net
J&D 1929-38 to net
M&N 1931-39 to net
M&N 1928-38 to net
J&D 1930-39 to net
5 J&D 1930-39 to net
J&J 1933-35 103.81
125,000 t'Jerome County, Idaho, Hillsdale H. D.
J&J
J&J
J&J
J'&J
J&J
J&J
J&J
Bid.
Mining Stocks at ltowton.
BOSTON. Aug. 4. Closing quotations:
Allouez 40
Ariz Com 15
cam & Ariz.... Ttt
Calu & Hecla 450
Centennial 18
Cop Range 55
r.asi ttutle ..
Franklin .
North Butte .... 10
Old liom 43
t isceoia :t
Qulncy 75
superior
Sun & Boston... 3
16!Shannon 3
tan von ji
Isle Royalle ... 35 I Winona
Lake Copper ... 6 'Wolverine .,
Mohawk 74 jtireene Can
27
44
.... 6
3.500 tMinidoka County. Idaho. S. D. No. 4
4.000 Nex Perce County, Idaho, W.-T. H. D 6
5.000 Nez Perce County, Idaho. W.-T. H. D
5.000 Nei Perce County. Idaho, W.-T. H. D 6
56,000 Nez Perce County, Idaho, Clearwater H. D. . . .
1,000 ''Power, County of. Idaho, I. H. D. No. 3 I
12.500 t Power County. Idaho, Rockland I. S. D. No. 2... C
25.000 'Power County. Idaho, Crystal High
42.000 'Rigby, 1. S. D. No. 5. Idaho (Jeff. Co.) 6
24,000 Rupert. Idaho, I. S. D. No. 1 6
19,000 St. Anthony, City of, Idaho. Genls
71,000 tSL Anthony. City of. Idaho. Spec 7
100,000 'Teton County, Idaho. Road and Bridge 6 J&J 1929-38 to net
80,000 'Twin Falls County, Idaho, High. Dis 6 J&J 1935-37 to net
25.000 'Twin Falls County. Idaho. Buhl I. S. D. No. S.. 6 J&D 1930-39 to net
t Denotes fractional bonds. t Denotes bonds of 8500 denomination.
Denotes bonds of $1000 denomination.
1930-39 to net
1928- 38 to net
1927 105.18
1928 105.69
1929 106.17
1929- 39 to net
1930- 38 to net
F&A 1930-39 to net
J&J 1930-39 to net
M&N 1930-39 to net
M&N 1930-39 to net
J&J 192939 105.78
J&J 1920-29 to net
5.0010
6.00-20
5.00-25
4.90
4 90
4.90
4.90
4.90
6.00
4.90
6.00
6.00
4.76
4.76
4.76
4.75
4.75
4.75
4.76
4.75
4.76
4.76
6.00
6.25
4.70
4.70
6.00
5.00
6.00
5.00
6.20
6.20
5.20
6.20
6.0O
6.00
6.00
6.00
6.00
6.25
6.25
6.00
6.20
6.20
6.20
6.25 -
6 26
5.00
5.25
5.00
6.00
6.25
6.60-f
6.00
5.10
6.00
EASTERN Bt rrKK MAUKHS BREAKING
Price Agitation Has No Effect Yet on Values
Here.
Price agitation has weakened the eastern
butter markets, but has as yet had no ef
on values here, and there is even talk
of an advance In prims in the next day or
such an advance would not reach con-
-,'e however, because of the wide spread
ra..itln. between jobbing and retail prices.
v., , vine nrice of butterfat was raised a
vesterdav to 61 5i '.2 cents at stations.
Cubes were steady at Saturday's quotations.
li. r, selling at 07 jx 57 cents.
,nd was light. Storage holdings in-
-.a, "! 2ti4 pounds. Street stocks were
reduced to 2079 cubes and 52S boxes.
ceipts Saturday were:
California
Oregon
Washington
., 4.1HS
ci.ee... receipts Saturday were 3510 pound
Oregon and 123 pounds from California.
FEACHES
Re-
Pound
MDOERATE IE1AM
Pears Are Mow Sale. Owing to High Price.
Cantaloupe Firm.
re.iches were steady with a moderate de
.r,n,l The best Oregon Hales soud at $1.10
and medium sizes at 1mic'..$1. Other va
rieiiet most'.v small, brought 50 i SO cents.
California F.arly Kiberta ranged from
II ol.r.0. Receipts included 30O boxes by
tiitm from Oregon and
u ..,hin-i,m F.avtlett pears were slow sale
on account of the high price.
cU"talnunes were firm with moderate re
ceiots The watermelon market continued
iversuprll-d and prices were weak.
Potatoes were steady, early varieties bring
Ing S2.5UV3. Home-gro
ing the market.
Buying Price of Egg" Raised.
Eggs were firm with buying and selling
price unchanged during the day. but 50
cent cards will be sent to country shippers
today. Street stocks were lower at 2154
cases, against 2455 a week ago. A carload
was withdrawn from storage. Receipts were
22 cases from Oregon. 1 -o from California.
17 from Idaho and two from Washington, a
total of 427 cases. Last week s receipts were
T01 cases less than in the preceding week.
Bank Clesvrinjps.
Bank clearings of the northwestern cities
yesterday were
stock, is supply'
Money, Exchange. Etc.
NEW YORK, Aug. 4. Mercantile paper.
5 1i 5 per cent.
Sterling, 60-day bills. $4.32; commercial
60-day bills on banks, $4.::2Vi: commercial
0-day bills. $4.32; demand. $4.35: cables.
$4..16. Francs, demand. 7.31: cables, 7.29.
Guilders, demand. 37c; cables. 31c.
Lire, demand, 8.05; cables, 8.03. Marks, de
mand 0; cables, 0 1-16.
Time loans, strong; 60 days, 00 days and
six months, 0 per cent bid.
Call money, steady. High, 0 per cent;
low, 5 per cent: ruling rate. 6 per cent:
closing bid, 5 per cent; offered at 5 per
cent; last loan. 54 per cent.
itar silver, Sl.011.
Mexican dollars, 84 c
COAST AND EASTERN DAIRY PRODUCE
Butter Markets at San Francisco and Lead
ing Eastern Points.
Butter market conditions as wired to the.
Portland office of the bureau of markets
yesterday :
Chicago -Market weak. c lower on t-
score : trading extremely dull. 53c refused
on 02-score on call this morning, but later
dealers unable to sell even at this figure.
Undergrades easier, price agitation affect
ing market. Cars very dull, number here
but difficult to move. No sales reported.
New York Market easy, trading very-
light. Some deaiers Inclined to shade prices
c In anticipation or a lower market, cars
lower, offered at 54c. Agitation for lower
prices affects the market. Receipts light,
strXi't stocks show an increase and storage
holdings were slightly increased.
San Francisco Market steady to firm
02-score generally bringing ;.bc or better
i3-score and higher sold at a 1 c ao-
e. Tracing fair and stocks show a
Slight reduction this morning.
Eastern Hairy Produce.
"NEW YORK. Aug. 4. Butter. easier
creamery, higher than extras, r ,,h c;
creamery. extras. yj-score. 6i,eA)ic,
first 53 i 55c.
Eggs. Irregular: fresli gathered extras.
r.4' ;",:,r: extra firsts. 51'a53c: firsts. 47$i5tlc.
Cheese, barely steady: state w ho'e milk
flats, current make specials. 3233c;
ditto, average run, 3lgi32e.
CHICAGO. Aug. 4. Butter. unsettled;
creamery. 4.lS53c.
Eg"s. higher: receipts. 33.OO3 cass: firsts.
41tfr42c: ordinary firsts. 30440c: at
mark. c:ises Included. 3940c; storage
packed firsts. 43 ii 43 c.
Poultry, alive, higher; springs ZGiZc;
fow'.s. 31c
Naval Stores.
SAVANNAH, Ga., Aug. 4. Turpentine,
firm. $1.45: sales. 12t barrels: receipts.
10 barrels: shipments. 526 barrels; stock.
10.97rt barrels.
Rosin, firm: sates. 550 barrels: receipts.
104 barrels; shipments, 1S44 barrels: stock.
t.d.t.33 barrels. Quote: P.. 17; D. fli.759
17 8; E. $17.7511 1.05; b . s 1 8.1.0 r 1 .3'i ; 'j.
$18.83; H. $18.751.S.V. I. $13.25 19 o5: K,
J2o 25JT 2"-7.r.: M. 121 23 21.50; N. $22. 50'
22.00: WG. $23.451 -'3 let: WW, e.J.loa.
Last
Sales. High. Low. Sale.
American Can.. 12. .Mill 511 51 51
Am Car & Fdry 3,o0 115 112 112
AmH&Lpfcl.. 1.2H0 130 124 124
Am Locomotive. 7.3011 8:1 83 84
Am Sm & Refg. 11.4fu 82 77 77
Am Sugar Refg. 2.500 134 131 131
Am Sum Tobac. 7.4D0 103 100 1110
Am. Tel & Tel 1113
Am Z. L & S... 3.400 20 24 24
Anaconda Cop.. 21.7U11 73 till 0:i
Atchison K.nno !i I'l 02
AU4WIS!., 4.3O0 1511 152 153
Haldwln Loco.. 47.3KO lull 1110 , loo
Rait - Ohio.... 7.SOO 45 42 44
Beth Steel "B". 3'1.2IO i2 85 811
Butte SU Cop. 1.7110 27 25 25
Calif Pet 3.9(111 45 41 41
Can I'ac 2.5(10 1511 150 15
Central Leather. 25.0(10 11(1 104 104
Ches Ohio.... 4.7uO 0:1 50 e
Chi, M St P.. 8,1100 45 41 42
Chi it- N W 7il OS HO !(!
Chi. R I & Pac. 5.5(10 2K 2rt 20
Chlno Copper... 4.71lO 40 44 44
Colo Fu & Iron. 4.3(1(1 49 45 41'.
Corn Products.. 21.0"0 8!) 82 82
Crucible Steel .. . 4II.7U" 134 128 130
Cuba Cane Sug. 5,4(10 3:1 31 31
Pistlll Securities 18.5(H) 85 70 711
Krie 2,rttO 174 17 17
c.en Electric .Mm li 102 2
Gen Motors 6.0(10 22(1 215 210
Ot North, pfd.. 3.5(10 t)3 80 8H
fit Nor Ore ctfs. C.OoO 47 44 44
Illinois Central. l.OOil 100 00 Mrt
Inspiration Cop. 10.4(1(1 03 tt l"
Int. M M, pfd.. 20.2IMI 11K 112 112
Inter Nickel 5.4"0 211 28 28
Inter Paper 8.2( 03 57 57
Kan City South. 1 .2( 22 21 21
Kennecott Cop.. 10,700 40 37 37
Louis & Nash 113
Mexican Pet 25.0O0 188 178 17S
Miami Copper.. 4.7(10 20 27 27
Midvale Steel... 20.4U0 54 50 50
Missouri Pac 20.1(10 33 30 3(1
Montana Power. l.nno 77 75 75
Nevada Copper. l.ftod 2(1 10 10
N Y Central.... 0.2U0 70 75 7.ii.
N Y, N H & H.. 17.7HO 30 33 33
Norfolk & West. 1 .." HIS H'2 102
Northern Pac. S.400 !2 o H0
Pacific Mall 4.2KO 37 37 37
I'ac Tel 4r Tel.. KoO 3:1 33 33
Pan-Am Pet 45.3HO 1I3 1()3 1"5
Pennsylvania .. S.'.ioo 45 44 44
Pitts - W Va... 5.00(1 3S 35 35
Pittsburg Coal. . 11. HOT 72 00 60
Ray Con Copper O.sOO 25 24 24
Reading 31. sou 84 81 82
Re. Iron & Steel 8.S110 : 87 87
Shat Aril Cop.. 4(1(1 IO 10 10
Sinclair O R. 47,4( 5! 54 53
Southern Pac. . 41.5(10 102 00 . 100
Southern Ry.... 8.000 20 27 27'i
Studebaker Corp S0.7OO 1"8 103 103
Texas Co 2.8110 2'14 250 250
Tobacco Prods. . 14.:tmi HIS 1i3 H13
Cnlon Poclfic ll.O'io 13(1 128 127
Cnited Cigar... 4.(" 22( '.( 210
U S lnd AlcohoL 4.0OO 139 134 134
it s Steel 244.IKIO 1"S 104 H4
V S Stl. pf. ex d 4( 115 114 114
Utah Copper 9.2(l 00 8rt 87
Western Union. 30D 87 87 87
Westing Elee... P.4(iO 50 32 52
V 1 1 v.-flriTlanJ. 22.1'HO 35 33 33
Coffee Futures Decline Again.
NEW YORK. Aug. 4. The market for
coffee futures was easier today, owing to the
continued agitation against the cost of liv
ing, reports of a decline in future at San
tos and weakness in the stock market. After
penins at an advance of 4 points to a. de
line of 5 points, prices firmed dd a few
points on covering, but soon weakened withj
n the late trading. The close was at tl. lou?
point of the day on most months, showing a
net loss of 34 to 30 points. September.
I.'.)2c; October. "0.82c: December. 2il'c:
Jnpuary. 20.00c; March, 20.00c; May, 20.55c:
July, -o.ooc.
Spot coffee, dull; Rio 7s, 22c: Santos 4s,
0(&2Mc, nominal.
Seattle Feed and Hay.
SEATTLE. Aug. 4. Cltv .lellv.r C.H
mill. $44 per ton: scratch. 183: atl-ettln
'hop. $74: oats, S07: sproutine- oats. 7:-
rolled oats. $00; rolled barley, $71; clipped
barley. $75; alfalfa meal, $38.
Hay Eastern Washington fimothv. 3r.'Tr
30; double compressed. $71: alfalfa. $31 Si 32
New York Sugar Market.
NEW YORK. Aug. 4. Raw suear. stead v
Centrifugal. 7.28c. Refined, steady. Cut loaf.
io.ooc; crusnea, iu..'.,c; mold A, 9.50c; cubes,
i.i.ic; AXAX powdered. 9.20c: standard
powdered, !.lc; fine granulated and dia
mond A, 9e; confectioners' A. 0.80c: No 1
solt sugar, b.boc.
Dried Fruit at New York.
NEW YORK. Aug. 4. Evaporated unmet
quiet; western, onri'e; state. 22(23c.
prunes, strong; Californlas. 04t35c: Ore
gons. 14 11 33c.
reacnes, xirm; standard. 23c: choice- 24c:
fancy, -be,
Hops at New York.
NEW TORK. Aug. 4. Hods, firm: state
meuium to choice. JOIS. GO'ifi.'c: 1017. 30-vi!
4iie; pacitic coast. 1018. 574i,G3e: 1117 .15
It sac.
Duluth Unseed Market.
DCLUTH, Aug. 4. Linseed, $ 5.-90 Q; 6 03.
follows:
Clearings.
Portland .......
ftssVfcllS . . .e .
S.U 8,223
Balances.
$1,327,711
Metal Market.
NEW TORK. An. 4 Topper. quiet.
F.lectrolytic. spot. 2T. li f23Sc; August, 23 H
$f -.lc; September, -4c.
Iron. toa'iy. No. 1 northern. $3; No. 2
northern. Jt: No. 2 southern. $2$. SO.
l.eaii. Irregular. i-pot, 5.3ic; September,
5.T0 .V1Hc.
Spelter, utronir. Enm St. Louis delivery,
spot. 7:i"c; September, ".BSSc.
At London, holiday.
Cotton Market.
NEW YORK. Au. 4. Spot cotton Quiet;
middling, 3--60c
HALL & COMPANY
BUT AND SELL.
Railroad
Public Utility
Industrial
Municipal
BONDS
YIELD 1NO
5 to 7
Foreign Government Loans
Local Securities
Preferred Stocks
Lewis Bldge, Portland, Or.
Rate Maturity
. . 5 F&A. 1922
.. 4 J&J 1924
. . F&A 1924
. . 5i J&J 1939
.. 4 J&J 192C
.. 5 J&J 1939
.. 6Vj M&S 1939
. . 4 Feb 1922
School 4H Feb 1924
, 5Vi J&D 1922
.. 6V1 M&N 1923
. . S F&A 1924
.. S J&J 1922
.. 6 F&A. 1923
.. 6 J&J 1924
.. S F&A 1924
. . 6 Feb 1926
.. Vk J&D 19?.
.. 5Vs J&J 1939
.. S J&J 1943
.. 6 J&J 1944
.. & J&J 193S
Exempt From All IlomlnloS CoTframrat TaxaUtoa
10.000 Alberta. Province of -
24.000 'Alberta, Province of. University Guaranty....
8,000 'Alberta, Government of Province of
3.500 tAlberta, Government of Province of
6,000 British Columbia, Province of
68,0t0 British Columbia, Province of
1,400 British Columbia, Province of
10.000 'Calgary. City-of. Alta., School
4.000 'Calgary, City of. Alt
1.6005ttDominion of Canada ,
00 ttDominion of Canada
65,000 'Edmonton. City of. Gold Notes
51,000 'Greater Winnipeg; Water 'istrict. . . ..
7,000 'Greater Winnipeg Water District
1,000 'Greater Winnipeg; Water District
87,000 'Lethbridge, City of. Province of Alta.
8,000 'Lethbridge, City of. Province of Alta.
49.000 'Moosejaw. City of. Province of Sask
98.600 'Newfoundland, Government of
1,000 'Saskatoon, City of. Province of Sask..
20,000 Saskatoon, City of. Province of Sask.. .
14.000 Sf Boniface. City of. Province of Man
74,800 "St. Boniface, City of. Province of Man 6 M&N 1943
& J&J 1945
4 J&J 1923
4 J&J 19 23
..... 6H A&O 1928
5H A&O 1939
SVi A&O 1940
1 1.000
18.000
43.000
2.000
29,000
5,000
St. Boniface, City of. Province of Man.
Victoria. City of. Province of K. C . .
Victoria. City of. Province of U. C.
Victoria. City of. Province of B. C.
Victoria, City of. Province of B. C.
Victoria, City of, Province of B. C.
t Denotes 150 denomination. I Denotes 8100 denomination. tDenotes
bonds of 8500 denomination. Denotes bonds of -81000 denomination.
Denotes bonds of 8100, 8500 and 81000 denomination.
Price Yield
7.29 6.00
94.16 6.00
94.16 6.00
100.00 E.50
94.25 6.50
93.40 5.55
100.00 5.60
96.36 6.00
93.97 6.00
100.00 6.50
100.00 5.50
99.03 6.25
97.29 6.00
96.88 6.00
100.00 6.00
100.00 6.00
100.00 6.00
94.27 6.00
100.00 5.60
90.30 5.75
90.13 6.75
to net E.75
to net 5.75
to net 5 75
94.75 6.00
94.45 6.00
96.53 6.00
7.03 6.75
96.95 5.75
MORRIS
nc.
THE PREMIER MUNICIPAL. BOND HOUSE
MORRIS BUILDING, 309-11 STARK ST, BETWEEN FIFTH AND SIXTH STS.
Trlrnaoari Broadway 21S1 Established Over 25 Tt
PORTLAND, OREGON
company against the Butte & Superior
Mining company, was begun today be
fore Judge Bourquin in the United
States district court. This action in
volves mining ground and ore of the
value of many millions of dollars.
liutte Mining Action Begim.
BUTTE. Mont.. April 4. Trial of the
action broueht by the Kim Orlu Mining
Growers Want More Trackage.
TOPPENISH. Wash.. Aug. 4. (Spe
cial.) A conference between railroad
men and growers to deal largely with
increasing the facilities for switching
in handling the fruit of this district
will be held at Yakima this week.
L.IBERT Y andVICTORY BONDS
If yon muHt ael! your I-lbrty or Victory bond", nrl! t un.
If you can buy more Liberty or Victory bond, bay from an.
On Monday. August 4. the cloniriK market prices, were us siven below. Jr?y
are thj governing prict for Liberty and Victory bonds all over the world, ana tne
JiiKheat. We advertise these prices daily in ord'T that you may always know the
New York market and tne exact value of your liberty and Victory bonds:
1st 2a 1st 2d 3d 4th Vic V!o .
3 4s 4s 4S 4s 44s 4 s 3is 4
Market price. .$ 90.50 $i.is $ta.::s $y4.10 $a3.43 $9,Yu2 $9:1.44 $ tf.4 y.o
Accrued int. .4 .5G .J9 .r.8 -4 1.65 1.30 -b .91
Total $100.09 $94.74 $94.'-'7 94.9 $94.40 $96 67 $94.74 $100.i: JMOO.79
When buying we deduct 37c on a S.MJ bond and $2.u0 on a $1000 bond. We sell
at the Isiew York market plus the accrued interest.
Burglar and Fireproof Safe Deposit Boxes for Rest.
MORRIS BROTHERS, Inc.
The Premier Municipal Bond llouse
M orris Uldat. 303-311 btark SU, bet. 6th and 6th.
Telephone Broadway 2161 ' Kutabllsbed over years.
"We Offer
Municipal Bonds Tax Exempt
To Pay 6 Net
We will buy the following- local bonds:
Arlington Club 69i
Fidelity Trust Co 7
Multnomah Club 6
Waverley Club 6
Oregon Journal 6,
Portland Bldg. Co t. 6
Portland Gas & Coke Co. 5
Port. Gas & Coke Co., pfd 7
Make use of our services.
Robertson & Ewing
Government Corporation Municipal.
BONDS
207-8 Northwestern Bank Bldg.
Portland, Oregon
Bonds Backed by
Whole Communities
TWENTY different styles, from the Atlantic to
the Pacific supply the 31 carefully selected
state and municipal bond issues included in our
current offerings to investors.
Complete exemption from all Federal Income
Taxes is one excellent feature of these securities. .
These bonds range in yield from
4.2757o to 5.407o per year.
Our Offering Sheet of these securities will be sent to you
upon request for OR-238.
The National City Company
Correspondent Offices in 51 Cities.
Portland Railway Exchange Building
Telephone 6095 Main.
Bonds
Short-Term Notes
Acceptances
Toppenish, Washington, Improvement
Bonds to Net 6.
Government and Municipal Bonds
Bought and Sold
).pevere3ux 5,(ompany
87 Sixth Street Broadway. 1042;
(Ground Floor WeHs-Fareo Building jj'