Morning Oregonian. (Portland, Or.) 1861-1937, August 13, 1919, Image 21

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Morning Oregonian., August 13, 1919, Page 21, Image 21

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Newspaper Page TextTHE HORNING- OREGOXIAN, WEDNESDAY, AUGUST 13, 1919. 21 V iREGOfJ HOP YIELD ESTIMATES REDUCED Size of Crop Affected by Dry Summer Weather. HARVEST PLANS COMPLETE ?itU Shipments Out of Way Stocks of Olds in State Will Be Small est Ever Known. The Oregon hop crop is coming on well, but , the yield may not be as large as was anticipated a few weeks ago, owlns to dry weather. The acreage Is figured at 9000 tt 10. POO, and based on this dealers estimate the crop will not exceed 50.000 bales. This, howiever, Is nearly twice as much as was, produced last year. Except for an attack of red. spider, rather severe in some districts, the hops this year are free from Insect pest 9. The growth of the vine has been very Kood, but the effect of the dry season is shown in the bloom, and it promises to be more or less of a top crop this year. Growers have their harvesting prepara tions well In hand. Most of the large yards have signed up the required number of pickers, and no scarcity of labor is re ported. The price that will be paid pickers in nearly all yards will be $1.20 per hundred. The market has been quiet of late, owing to the clean up of spot stocks. For. this ye.r'fl contracts SO a 52 cents is still being offered. The little trad ins in olds was mainly between dealers, the buying being for English account. Hop men are -devoting their attention chiefly to shipping. By the time all the shipments are disposed of there will be fewer hops left In Oregon than at any time since hop growing became an important industry here. According to the latest mail advices from London, English crop prospects are un changed, the average estimate being 200,000 hundredweight. won p&ckers are looking forward to a good run-of fish on Ortys Harbor tht year, fol lowing up the poor season of 1918. Prices for the year have not as yet been fixed. The first fish are Just beginning to arrive and six firms are competing for the catches. Prices this year are expected to be as high, if not higher, than those of last year. WHEAT RECEIPTS HAVE INCREASED Floor Production Also Gains in Last Week Reported. The grain corporation's weekly bulletin of the wheat and flour movement for the week ending August 1, 3119, says: In comparison with figures for the same period a year ago, wheat receipts from farms, 50.441.OOO bushels against . 42, 662. 00O bushels same week a year ago. Wheat re ceipts from farms previous week, 51,605,000 bushels, against 40.283,000 bushels for pre vious week a year ago. Wheat receipts from farms June 7 to August 1, 158.5feo.000 bushels against 148,094,000 bushels for same period a year ago. Flour produced during the week, 2,121,000 barrels against 1,947,000 barrels same week a year ago. Flour produced previous week, 1,976.000 barrels against 1.R70.000 barrels previous week a year ago. Flour produced June 27 to August 1, 8.8-19,000 barrels against 7,266,000 barrels same period a year ago. Total stock of wheat in all elevators and mills, 108.330,000 bushels against 89,317,000 bushels same week a- year ago. Total stocks wheat all elevators and mills for previous week, S0,63S,00O bushels against 64.544,000 bushels for previous week a year ago. Change for week 27,692,000 bushels increase against increase for same period year ago of 24,773,000 bushels. STOCK MARKET IRREGULAR OPENING IS HEAVY, BUT TONE AT CLOSE FIRM TO STRONG. EASTERN BARLEY SELLS AT ADVANCE. Two Hundred Tons Change Hand on Local Board. The coarse grain markets were irregular yesterday with barley and oats firm and corn inclined to be weak. At the merchants' exchange, 200 tons of eastern bulk barley were sold, 100 tons for August delivery at $64.50 and 1U0 tons September at $65.50, prices ?l(&1.50 over those bid Monday. Of fers for sacked feed barley were raised 25 3 50 cents. Decern her barley at San Francisco sold at $3.26 and $3.25 against $3.25 Monday at Chicago. September barley closed 2 cents higher at $1.39 and December up cent at $1.384. Eastern oats bid on the local board were raised 50c ii $1.50 and sacked oats were un changed, corn averaged 50 cents lower. Weather conditions In the middle west, as wired from Chicago: "Chicago, Qulncy. St. Louis, Kansas City, Davenport, northwest generally clear, fine. Topeka, Omaha, Nebraska City cloudy threatening." -Stocks of corn in store at Chicago are 598.000 bushels of which 123,000 bushels are in public elevators and are of contracted grs.de, a decrease of 1 OL',000 bushels from last week. Oats 6.202.000 bushels in store; of this 1.127.IM10 bushels are in public ele vators of which 1,020,000 bushels are available for delivery. Contract stocks de creased 252, 000 bu.shels for the week. The Indian government has Issued its third estimate of the wheat crop of 1118-19, a production of 227.000,(M)0 bushels being estimated or 27 per cent of the last crop. Terminal receipts, in cars, were reported by the Merchants' Exchange as follows: W. 11- F. O. H. Wheat Export Applications. Julius H. Barnes, United States wheat director, announces the following: Effective August 15, 1919, and until fur ther ordered; applications In duplicate for licenses for the exportation of wheat to all destinations in the Western Hemisphere, and east coast of Asia, to which flour ship ments are now licensed, will be received for consideration at the office of tbe United States wheat director, 42 Broadway, New York city. Bank Clearing. Bank clearings of the northwestern cities yesterday were as follows: Clearings. Balances. Portland $5.t63,"33 $ 517.54S Seattle 1.6I9.S27 2,116.586 Tacoma 1,259.635 256,562 Spokane 1,567.883 397,805 Call Money Rates Remain Compar atively Easy Bond List Is Generally Steady. NEW YORK. Aug. 12. Dullness and ir regular price changes were tbe conspicuous features of today's stock market. The volume of business dwindled aimost to the smallest total of any full session in many weeks, sales amounting to only 775.UO0 shares. Unlike the previous day, the open ing was heavy, evidently as a direct conse quence of pressure from the short interest, which centered mainly in steels and the hares of ' related groups. Thereafter the List rallied and reacted alternately, equipments, oils and some of tne xooa issues, as well as various unim portant specialties, helping to stabilize the market. Hails, tobaccos and sundry un classified stocks moved contrarily. but the tone at the close was firm to strong, Bald win Locomotive leading at a gain of almost 7 points. There were no essential changes In funda mental conditions touching upon the stock market, call money remaining comparatively easy, despite misgivings created bv the Heavy withdrawal of federal deposits. Bonds were more steady than the stock list, although liberty issues yielded slightly ana internationals were irregular. Total sales, par value, were $11.275.iH0. Old United States bonds were unchanged on call. CLOSING STOCK QUOTATIONS. Last Sales. Hiirh. Low. S;ile. Am Beet Sugar. sun JOV 85 V, American Can.. 2,600 52 51 T2 Am Car & Fdry 13,741 1-1 l'JH l:i0H Am H & L pfd. 1.1M 1223i' 120V American Loco. 2-S.Ooo 90. 8r im Am Sm A Refg. 3.5O0 77 76 77 -OMU ;3 131 131 tt.5i0 93 90 4 6.2UO 102H lMi 101 5M0 25 24 25 4.SO0 tiH 5M) 97,660 Hay Wheat or wheat and oata. 15frlT: barley, 912 & 15; alfalfa. 17z21: barley straw. 50jiic bale. FLOUR $12.10 f. o. b. warehouse. DAILY METEOROLOGICAL REPORT. PORTLAND, Or., Ang. 12. Maximum tem perature, 08 degrees; minimum temperature. 4 decrees. River reading. 8 A. M ., 6.5 feet: change in last 24 hours, 0.1-foot fall. Total ralnlall 5 IJ. M. to 5 P M none: total rainfall since September 1, 191 S. 41.34 inches: normal rainfall since September 1, 44.70 Inches: detinency of rainfall since Septem- oer l, ivits. 3.iitt inches. Sunrise. 6 :07 A. M. ; sunset. 8:25 P. M -total sunshine, none: possible sunshine, 14 hours IS minuTes. Moon- rise. : P. M. : moonset, 7:17 A. M. Barom eter reduced sea level), 5 P. M., 30.17 Inches. Relative humidity: 6 A. M., S2 per cent; 1 P. M., 61 per cent; 6 P. M., G4 per cent. THE WEATHER. Portland Tuesday. . 34 1 Year ago 5'J ... Season to date 5f3 61 Vear ago . .6'.4 44 Tacoma Monday ... 15 1 Year ago SO 1 Season to date ..... 2 13 24 Year ago 176 12 Seattle Monday Year ago 77 1 Season to date 9 12 Year ago 237 16 91 138 1 30 86 bl 4 26 " 3 41 57 4 10 367 16 1 81 J-'AI LI RES REACH MIN IM I" M POINT July Returns. Make Showing Without Parallel. Remarkably favorable as the monthly failure exhibits have been for a long period, reflecting the prosperous state of tne coun try's business, the July returns m h k a. numerical showing that is wholly without parallel. From an economic standpoint, the developments of l'.HO have up.et many cal culations, and though it was some time ago said in certain quarters that insoUencies had then probably reached the absolute minimum, there has been an almost un broken decline this year in the commercial mortality. With only -152 defaults in the t.'nited States, exclusive of banking and other fiduciary suspensions and personal bank ruptcies, July set a mark that is unmatched by the record of any former. month what ever for more than a quarter of a century, or since monthly statistics were first com piled, and the $5,5t7,010 of liabilities re ported to R. O. Dun & Co. for July are be low those of any preceding month in two decades. On but three previous occasions. In fact in July, June and May of lxt'J has to small an indebtedness been shown. BUTTER BUYERS ARE HOLDING OFF Cube Market Is Weak and Inactive Street Stocks Reduced. The rube butter market was weak and unsettled with limited trading for immedi ate needs, but buyers generally holding off. Some 82-score was sold at 54 rents. Street stocks were reduced to 185,648 pounds. Storage withrawals were 873 pounds, leav ing holdings at 1.226.263 pounds. Receipts Monday were: Pounds. California 647 Oregon 12,60 Washington -.640 Am Sugar Refg. Am Sum Tobac. Am Tel & Tel. . Am Z L & Sm . . Anaconda Cop. . Atchison A i & W I S S L Baldwin Loco.. PORTLAND MARKET QUOTATIONS Grain. Flour. Feed, Etc. Merchants' Exchange, noon session: Aug. Sept. Oats Bid. Bid. No. 3 white feed $56.75 $57.00 Barlev Standard feed fi.0O 67. OO No. 3 blue 67. OO 67.00 Corn No. 3 yellow 74.00 74.00 Eastern oats and corn, bulk: Oats No. 3 white 53.50 53.00 3b-lb. clipped 55.00 56.00 Corn No. 3 yellow 75.00 75.00 Barley No. 2 64.50 65.50 WHEAT Government basis. $2.20 per bushel. FLOUR New Crop Patents, $10.75: bak ers hard wheat, $10.50 lu. 75; whole wheat, $10.05: graham, $0.b5; pastry flour, $lU.2o; straights. $10. MiLLFEKU Mill run. r. o. d. mm. car- lots ton lots or mixed cars, $41; ton lots or over, delivered. Sl5n f extra: rollea bar! $68; rolled oats, $62; ground barley, $66; scratch reea, ssu. COitN Whole. cracked. 4 ton. BAY Buying prices, f. o. b. Portland; Alfalfa, $30; cheat. $20; oats and vetch. $20; valley timothy, $28. Dairy an d Country Produce. BUTTER 02-score, 54c pound ; 91 -score. 53c; 00-score, 52c; prints, parchment boxes, -c more; less than half boxes, le more; hutterfat. No. 1, o&60c per pound. CHEESE -Tillamook, f. o. b. Tillamook: triplets, 33c; Young Americas, 34c; long- horns. 34c: Coos and Curry, f. o. b. Myrtle Point triplets, 32 c. EGGS Oregon ranch candled, oJli j.c; selects. 55c; Oregon Poultry association selects. 57c; association pullets. 52c. POULTRY Hens, 24tfri:6c; broilers. 25 28c; geese, ducks and turkeys, nominal. v LA F.. r anc.v, c per pound. PORK Fancy, 28c per pound. Fru'ts and Yeretables. FRUITS Oranges, $4.75 & 6. 75 ; lemons.$7.50 ?.50 box: ban mas. 9Jyl.e per t-und: apples. S21I3.5U per box; grapefruit, $5.50 5 6; cantaloupes, $1 ft 2.75 per crate; apri cots, $2 (0! 2.35 per box ; peaches, 51 c $1.75 oer box : watermelons. 2 4 2 c ner nound : plums. Sift-2. 25 per box; grapes, $2f3.75 oer box; pears, S3 it 3.25. VEOETAHI.ES Cabbage, $3.75 per 100 pounds; lettuce, $2 2.25 per crate ; beets. $3 per sack; cucumbers, ocz 1 box; tomatoes. $2 & 2.25 per box ; peas, ll ' 1 lc per pound ; rhubarb, 6c per pound; beans. JjiilOc. POTATOES New, $2.50 & 2.75 per sack. ONIONS Walla Walla. 3?i3Ac per pound. California brown, 3c per pound. Provisions. Local Jobbing quotations: HAMS All sizes, choice 443 451Ac; stand ard. 43 H 44 fc; skinned. 36 jj, 37c; picnic. 28 (q 30c; collate roil, dttc 1.ARD Tierce basis, 36 Vic; compound, 30o per pound DRY SALT Short, clear backs. 30 35c plates, 27 i 20c; exports, 31c. BACON Fancy, 53 & 55c; standard. 46 4'Jc; choice, 3U't4,-c. Staple Groceries. Loeal jobbing quotations: SUGAR Sack basis. Fruit or berry, $9.65; beet, $9.55; Honolulu, cane, $9.60; extra C. $9.15; powdered, in barrels, $10.25; cubes, in barrels. $16.45. NUTS Walnuts. 27f?35c; Brazil nuts, 35c filberts, 2fec; almonds, 24d30c; peanuts. 11 'ii irc. SALT Half ground, J00s, $17 per ton; 50s. $18.75 per ton; aairy, $26.50&28 per ton RICE Blue Rose, 13 u Kg per pound; Siam. 12c pe- pound. BEANS Small white. 9 10c; pinks. T'tesc; Liroas, 14c per pound. COFFEE Roasted, in drums, 39 & 50c Oils. LINSEED OTL Raw, barrels, $2.43; ra cases. $2.53; boiled, barrels, $2.45; boiled. cases. $2 S,. TURI'ENTINE Tanks, $1.91; cases, $2.10. GASOLINE Iron barrels. 23c; tank wagon, 3 Vjc; cases, 34c; engine distillate, iron barrels, 16c; tank wagon, 16c; cases. 26 We. COAL OIL Iron barrels. 13 16c; tank wagon, 13 Vsc; cases, 24 3l Bait & Ohio . . . no Beth Steel B .. 15,SlM B A S Cooper .. 600 Calif Petrol 12.20O Canadian Paclf . 2.tUM Central Leather II.'.mm) Ches & Ohio ... ioo Chi M & St P. . SOO Chicago & N W Chi R I & Pac. 4O0 Chino Copper .. Si0 Colo Fu & Jron. 5iM) Corn Products.. 7.700 Crucible Steel.. ls.4to Cuba Cane Sug. 1.4mi U S Food Prods. 2,floo Erie 300 General Electric General Motors. 3.000 tit Nor pfd .... Gt Nor Ore Ctfs IllinniR Central. Inspir Copper . . Int M M pfd ... Inter Nickel . . Inter Paper . . .. K C Southern .. Kennecott Cop.. 152 1134 42 8S 2 J '9 1 55 101 3 44H 45 80 136 33 fc. SI 16Vk 223 67 '-4 01 14 1 5 VI 105 S 42i 85 U 24 43 155 56 43 "24 44 44 77 133 32 70 16 213 92 1 52 lit 42 87 4! r.- 25 44 79'. 81 2.S00 4.:uo '1. loo 2,000 ' "r.66 sV.ioo STATIONS. " 2. a 3 trS i. " " s 1 S 3 cj I S s : r 3 : : : 3 : i S ! Z -i " I Maker Boise , Boston , Calcarv Chicago Denver Des Moines . . Eureka , Galveston Helena ...... tJuneau Kansas City. L.OS Angeles. .. Marsht'ield . . . Metlford Minneapolis . New Orleans, New Tfork . . . North Head . . North Yakima. Phoenix Pocateilo Portland Roseburg Sacramento . . St. Louis Salt Lake San Diego . . .. San Francisco. Seattle Sitka ... Spokane Tacoma Tatoosh Island tValdez Walla Walla.. Washington . . Winnipeg . . . . 521 S6 0.ov..jsE iPt. cloudy .of .vi u.uiii . v i clear 621 76 0. Otl 10 S Cloudy 4M S2 O.oni. . iSE Clear 70j 80 0.I0'..NE IPt. cloudy 14; uuii.uo!,.i. Clear 66, 74 0.01 12 SE Clear 41 62 0.0O. .IN (Cloudy 8 8S O.oiti. .SW (Clear 62; 82 O.Oo:. . NWK'lear 50; 70 u.oOi . .IS IPt. cloudy 0O SS 0.00 12 SW (Clear 541 70 0.00 . .INW Cloudy . .. 90 0 . OO' 12' N W (Clear 02 82 0 .01 IS SK Cloudv 7S SS'O.OlllolW Pt. cloudy Hi TH.II.OII 24'SE 'Cloudy 52 54)0. 02.12. SIS iFotriry 54! RS0.00..E Pt. cloudy w-t; i- . ou, . . 1 . v Liear C2 82 0.0O . , NE (Clear 541 0 0.0O). . NWICloudy T.2 84 O.O0 . ,NW!C:e; CORN AVERAGES LOWER1! AGITATIOX AGAIXST HIGH COSTS IS LEADING FACTOR. Absence of Demand Rather Than Aggressive Selling Character izes Market at Chicago. CHICAGO. Aug. 12. Corn averaged lower In price today and gave evidence that the buying side of the market was unpopular as a result largely of continued agitation against the high 'cost of living. Prices closed unsettled at a c decline to c advance, with September $1.911.1. and December $1.524153. Oata finished c to 1c up with provisions varying from 55-c decline to a rime of 5c. Absence of demand, rather than aggres sive disposition to sell, characterized the corn market. Developments In the nation wide effort to reduce the outlay for food and for like personal necessit ies obtained much more general notica from the ma jority of traders than was the case with any other factor, but after yesterday s per sistent hammering down of corn values, bears were inclined to be cautious. On the other hand, railroad difficulties had a dis couraging influence on buyers, except on shorts in the September delivery. Business in that month, however, was not extensive and when the immediate wants of shorts had been relieved. September lost nearly all appearance of strength. Seaboard buying tended to lift the oats market. Provisions were dull and weak for the same reasons as corn. Advances in the hog market seemed to effect no stimulus. Leading futures ranged as follows: $98,600.00 Govt of Newfoundland 5V2 Gold Coupon Notes Utfdi Jane 1. IK 19 Don jane 1. 1 Denominations: $100, $500, $1000 Newfoundland is the oldeet colony of the British Empire. The Dominion of Newfoundland in area covers approximately 162.750 square miles. The chief industries are fishing, sealing, lumbering and pulp manufacturing, and mininp. The trade of Newfoundland is in a prosperous condition and has .shown steady growth. PRICE: To Yield 52 LIBERTY and VICTORY BONDS If you must sell your Liberty or Victory bonds. s.p 11 to us. If you c;:n buy more Liberty or Vinorv bonus, buy from us. On Tuesday. August 12. the closing market pries were as given below Ihey are the governing prices for Liberty and Viotorv bonds ail over the world, and the highest. We advertise th-.e prices tiailv in order that you may always know the New York market and the exact value of your Lib erty and ictory bonds. 1st 2d 1st 2d :M 4th Victory Victory .. . , n'-s 4s 4s 4'm 4s 4is 4s Zs 4s Market Price.. .$ i)0.:0 $94.04 $93.o4 $'.i4.1rt $y:t.:io $!M.m $3.2(1 $ iy.S0 $ v.t.SO Accrued Int tj .64 .ys .6S l.4 l.To LSI .bti 1.10 Xtal - -$1W $'-t4 S $:H.ti2 $!4.S4 $l4.r4 $'.HVfil $94.59 $100 6 $100.90 'When buying we deduct ."7c on a J-o bond and $2.." on a $1000 bond, we sell at the Nw York market nlu iH n.-erneri intrr .Burglar and Fireproof Safe Deposit Bnxeft for Kent. 7l S6-0.00! . . INE 41 S4:0.0012'X tv' 7m.oo lo w ?.-J GS O.utfL'O SV .Ml O.nO.lSiS r2 92 o.oni. .W 041 Si; 0.00121SW .sol Bti o.oo io;sw r2t r o. os. 1:2:3 44r.o.o.n; ..(.... 4 no'o.ooj. . w 2I P- O.110 . . SB But S2 0.0o!. ,)s Cloudy Rain fjlear Clear Cloudy Cloudy Pt. cloudy Cloudy Cloudy Rain Cloudy Clear Cloudy Cloudv t M. toda P. M. report of preceding day. r.40i 2. .""Hi 500 ' 2.900 V.700 ooo Mexican Petrol . M iami Copper .. Midvale Steel .. Missouri Pacific Nevada Copper. N Y Central . . . N Y N II & H.. Norf & West . . Northern Facif. Pac Tel & Tel.. Pan-Am Petrol. 19,000 Pennsylvania . . 900 Pitts : w va . . Pittsburg Coal.. 3.7O0 Rav Consol Cop Reading 5.0O0 Reo Ir & Steel.. 1.4"K Sin Oli & Refg. l-".r.nO Southern Pacif. 10.000 Southern Ry ... l.flOO Studebaker Cor. 8,i Texas Co Tobacco Prods.. I'nion Pacific . . T'nit Cig Stores T S Ind Alcohol. l . T' S Steet 104.: T'tah Conner . . . West tn ir Klectrlc 2.200 Wlllvs-Overland :i.t'" Tfoval Dutch ... 21.100 National Lead . . nun Ohio Cities Oas. o.buu Bid. BONOS. XT S Lib 38. ..$f9.I0!l- S 4s cou -10R4 do 1st 4s :i4.u-vA.m i i rv os.ji do 2d 4s 93.041 Atch'n C.en 4s... 79 H do 1t 4s.. ftt.lt D R O rf Ss.MU h OA H.R flS SO'V V Cen cleh 8s. ftfi do 3d 44... 94 RH' North Par 4.,.. 79 j Victory 3 AO SO Pac T & T 5s 94 do 4 i s '.iu mi ienn con '- ...-" 14 U S ref 2s rg, . i9 'South Pac cv 5s.lo-j do ref "Js cou.'w soum rtau nn, do con 3s reu.0 iCnion Pac 4s 84 Si do con Ss cou.S9 IT' S Steel 5s 1004 do 4s reg 106lAnglo-F'ch 5s. .97 5-16 Total lo,91 Cheese receipts were 1510 pounds from Oregon. 755 from Washington and 322 from California. The egg market was moderately active and steady. Street stocks were reduced to 2191 cases. Receipts were: 204 cases from Oregon. 2O0 from California, 49 from Idaho and 13 from Washington, a total of 4bS cases. (RAlVFOItl) PK.VCHKS AKE IN MARKET Kxprews Lots Offered at $1.75 Cantaloupes (Quarter Lower. California Crawford peaches are coming in a pmal I way by express and are quoted at $1.75. The last of the Southern Blbertas are cleaning up at $1 35. Oregon early peaches rnnge in price from 50 cents to $1. Rogue River Bartlett pears were in fair supply and sold at $33.25. Yakima brought the same price. Cantaloupes were quoted 25 cents lower. Melons were steady with a moderate de mand. Increase in Visible Supply. The American isible wheat supply com pared as follows: :ion 9. 9i to 2, Coo ,. SO0 44 43 44 t5 01 GO 14 61, nrH 11:1s iiri'-i 27 20 2iT 57 57 57 v, 20 37 36 37 MtO 177 173 177 27 27 27 51 5Ts 51 28 hr 2 ' ZVz 18 18 1SH 74 33 U 32 33 lO0 SS R76 SS 3.'. 33 35 107 104 107 43 vs 43 43 34 34 34 69 67 7 24', 79 7R 7i R9 S6 'it S9 nr.vi r.3v r.5 97 90 97 25 14 25 25 i l nr. 102 lO.-iH 25 252 25 S 1024 1044 125 3 23 125 201 133 127 131 10414 lO'J, 104 S7"4 S0 S7 53 it 51' V. 53 33 H 3" 334, Oft'i S 0tTi 80 SO R0 54 'i 52 54 4 FORECASTS. Portland and vicinity Fair and warmer; gentle westerly winds. Oregon 'Fair, warmer In northwest por tion, cooler in northeast portion; gentle westerly winds. Washington Showers in west portion, fair in east portion ; gentle southerly winds. Idaho Fair. Phone your want ads to The Orego nlan. Main 7070. A 6095. CORN. Open. High. Low. Close. Sept $1.4 $1.934 $1"1 Dec . 1.52 1.54S 151 1.52 v May 1.4SH 1.4U 1.47 1.4S OATS. Sept 74 i .75 .74 .75 H Dec 77 .7S .7t .77 May SO .81 .SO -Sl MESS PORK. Sept. 47.10 47.00 47.10 47.55 LARD. Sept 31.47 31.55 31.35 31.52 Oct 31.25 31.35 ;il.lt 31.o5 SHORT RIBS. , Sept 26.35 2S.65 26.33 T6.65 Cash prices were: Corn No. 2 mixed, $2.062.07; No. 2 yellow, $2,096 2.10. Oats No. 2 white, 75H 77c: No. 3 white. 73H7S4jc. Rye No. 2. $1.55 $ 1.57 . Barley $1.32 $1 1.47. Timothy $'.."0'?j 11.75. Clover Nominal. Pork Nominal. Lard $31.52. Ribs $2C00 27.00. Naval Stores. ' SAVANNAH, Ga.. Aug. 12. Turpentine, firm, $1.52s; sales, 200 barrels: receipts, 413 barrels; shipments, 154 barrels; stock, 8233 barrels. Rosin, dull: sales none; receipts, 1347 bar rels; shipments, 1SS0 barrels; stock. 65, MIS barrels. Quote: B, $16. SO; D $17 0O; E. 7.75; F, $1.S5; $1825; H, $1S50: I. 9.35; K. ?0.25: M. $21.15: X. $22.45: WG. 23.70; WW, $23. Sit. ttern lairy Produce. CHICAGO. Auk. 12. Butter, lower : cream ery, 4S4j 5:;c. Kpgs, lower: receipts. 14.446 cases: firsts. lit 42c; ordinary firsts, 37j3l-2c: at mark. caes Included, 38 e 41c; storage-packed firsts, 43 43 "c. Poultry, alive, unset t'cd ; springs, 33c; fowls. 28Vc. Coffee Kutures Irregular. NEW YORK, Aug. 12. The market for offee futures was steadier during today's trading on a rally in Santos futures and re- orts 01 a better spot rtemand. The open- ng was 5 to IO points higher and December sold up to 21.10c before the end of the morning, or about 20 points net higher. The buying, however, seem-d to be pretty ell confined to two or three brokers with European and Brazilian connections and rices later eased off under realizing with December selling down to 20.9c and with the general list cloying net 10 points higher to 7 points lower. September, 21.38c: Octo ber, 21-22c; December, 20.90c; January, o.jMto; Jlarrh, 20..e: Slay, :'(: July. We offer the unsold portion of $500,000.00 Seven Years 7 Coupon Gold Notes of The Phez Company of Salem, Oregon, and Olympia, Wash. AT PAR AND ACCRUED INTEREST Notes dated July 1st, 1919. Due July 1st, 1926. Redeemable after 2 years at 103. Wire or telephone at our expense. G. E. Miller & Company Northwestern Bank Bldg. Phone Main 4195 Bid. Money, Kxehange, Etc. NEW YORK, Aug. 12. Call money, easy; ( high. 6 per cent: low. 6 per cent: ruling rate, j 6 per cent; closing bid, 5 per cent; offered at 6 per cent; last loan, per cent. Time loans strong, all dates 6 per cent. LONDON. Aug. 12. Bar silver 58d per ounce. Money, 2 per cent. Metal Market. NEW YORK. Auk. 12. Copper, dull: elec trolytic, spot. 23 'y 23 c ; Aug., 23''H23c September. 24c. Small lots for spot and prompt delivery, 22 'i 22 4 c. Iron, steady and unrhanged. Iead. easy. Spot, $5:30 '3 5.50; September, $5.4i 5.05. Spelter, easy. East St. Louis delivery, spot, 7.15 'a 7.30c ; September, $7.20 S 7.37 c. Grain at San I'rancisco. SAN FRANCISCO. Aug. 12. Wheat. $2.20; oatR, red feed, $2.90j 3.05; corn. California yetiow. $3.6513.75: barley, feed. $3.5 '? 3 1 0. 6 MUNICIPAL BONDS FEDERAL TAX EXEMPT. ROBERTSON & EWING GOVERNMENT CORPORATION MUNICIPAL . BONDS 207-8 NORTHWESTERN BANK BLDG. PORTLAND, OREGON '-V Aug. 11. 1919 Aug- 13. 191$ auk. 14, r.".;.... Aug. 14. i n. ... Aug. lrt- 11 Aug. li. 14.... . . 3: Bushels. ::.noo 3. H4.imo .VOl "vOtM 4.70O,O 7.S7.0"O 33.:5,t00 Increase. ll.I90.00 rt.30fi.000 iU.o.0 4.500,00(1 1 41.000 43J.0U0 rf't' e. The corn viable rterra?ed 550,000 bushels and the cat v'MM increased 5S.000 bushels. Good Salmon Bun Jixpeeted. jLBEBCtiKN. Au. 12. (.Special.) Sal- 8 AN FRANCISCO iBODl'CE MARK VI Frires Current on Kegs. Vegetables, Fresb Fruits, Etc., at Bay City. SAN FRANCISCO, Aug. 12. Butter. 56c. Kggs Frh extras, 5lc; firsts, pullets, 50 l Cheese Firsts, 32',-c; Young Americaa 3Sc. Poultry liens, 5Ui33c lb, accorutng to six; young roosters. 3 ft; 40c; old. 20c; broil- I ers 2&34c. accortimg to slxe; fryers. 33 d j 37c, according to quality; geese, nominal; 1 pigeons, 42.0V 3.50 doxn; squabs, 4U(tf awe pound 1 Vegetables Rhubarb. $1.5091.75 box; egg plant, 65 & 75c lug box; peppers, bell, $1&1.50 lurf box; chile, 75z$l box; summer squH.sn. southern, 30 ,f 40c lug box ; tomatoes, $1.25 Q 1.75 crate; potatoes, garnet. $2-25 e 2. 50 cen- , tai; onions, yellow, $2.2512.50 cental; green, $1. 2."44i 1.50 box; green peas, 5&7c lb., cu cumbers, 40$jti5c small box; green corn, $2.50 6 3.25 sack; okra, $11.25 box; gai lie, 29 0 22Sc pound; beans, string, 3'44tc pound; wax, 3 a1 4 He pound; limas, 4iroc pound. Fruit Oranges. $4.00 y 5.50 box; lemons, $4. 0 y 0.00 : grapefruit. 54.00 $3 5.00; bananas, 7 fit c pound ; pineapples, $2.00'n 4.50 dozen : pears. Bartlett, $1.25 $t 2.50 box, according to grade; apples 4 S -tier, $1.252.5 box; plums, $1.30y 1.H5 crate: peaches. 65c !?$ 1.00 small box: apricots, 7c pound: honey dew melons. 75c r $1.0i crate; cantaloupes, standard. $1.50(5 2.00: pony. $1.251.50; fists. 75i 5c; figs, $l.C0$i 1.25 crate; rasp berries. $1.1.00 li.Oo chest; strawberries, $lu.Ot $ 13.00 chest; blackberries, $S.009.oO; grapes. Fontain bleau, ti5&75c small box; seedless. $1.00rr 1.25 small box. Receipts Fiour. U026 quarters: barley, 46.S72 centals; beans. 172 sacks; potatoes, 1114 sacks; hay. 447 tons: hides. 663. More Fruit Cars Are Demanded. YAKIXiA. Aug. 12. Alarmed by a pros pective shortage of refrigerator cars, of w 'hicii the valley will next week need 200 daily to handle its soft fruit crop, the Yakima vailey traffic and credit association, including 95 per cent of the shippers, thh morning wired a direct appeal for service to W. C. Kendall, head of the car nection of tbe railroad administration. Manager Urqu hart of the traffic association says that there are only enouca refrigerator cars for two days of the fruit rush though railway officials are more optimistic and believe the supply available now will last 10 days. rried Kruit at New York. NEW YORK. Aug. 12. Evaporated ap ples lirm. Prunes steady. Peaches iirxn. Yield or . Employing Our Dollars Abroad- Profitably By reason of its commanding position this country today serves as the financial clearing house of the world. We have the wealth and other nations look to us as their bankers. ' This recently-created situation explains why so many foreign government bonds are now being offered in United States at surprisingly attractive prices. We respectfully suggest and strongly recommend that a portion of your investment funds be placed in one or other of the following foreign bonds, which we regard as safe beyond any reasonable question of doubt. After purchasing them with our own funds we offer them, subject to prior sale. Name of Issue Maturity U. K. Great Britain and Ireland 512S1937 (Debt of the entire kingdom) Government qf Switzerland 5y2s 1929 (Debt of entire nation) Canadian Northern Railway 6s (All capital -stock owned by Dominion of Canada which guar antees the pledged bonds) Government of Sweden, 6s 1939 99.50 6 (Debt of entire nation) City of Copenhagen, Denmark, 5y2s 1944-25 93.50 (General obligation of entire city) Government of Argentine, 6s 1920 99.66 (Debt of entire nation) Convenient Denominations. Semi-Annual Interest Further details on request. Lumbermens Trust Company MORRIS BROTHERS, Inc. tHK PREMIHR Ml'MnrAL BAND IIOI SE. Morris Hide. Mark St., Urt. 5th and 6th. fplrphone Bn.aii.ar 21JI. Kt.taMi-.llcU Ow 2S Yean. 20.7OO. Spot coffee, firm: Rio 7s. 22 c; Santos V. 20;c. It was reported that a bid of SO cents. London credits, naff been accepted for Santos 4s in the cost and freight market, but that firm of lers were generally abov that figure. The official cables reported no change in the Brazilian markets except In the case of Santos futures, which were 125 to l.-.o reis hicher. Hio cleared 28.0O0 bas for New Y'ork and Victoria 10.0() for i.'ew Orleans. Receipts, at the two Brazilian ports W'jre ;io.ouo hikes. v Mr. Kirk Takes Vacation. SALKM. Or, Aug". 12. Special.) Will Kirk, member of the Ftate indus trial accident commission, left the cap ital yesterday for his annual vacation", lie expects to pass about two weeksi fishing in nearby streams. Banks to Be Inspected. SALEM. Or.. .Aug-. 12. (Special.)-w-W ill H. Bennett, state superintendent of banks, left here yesterday to in spect several depositories located in different parts of the state. ADD YEARS OF LIFE at small cost with"" 9- a. t mm Price 98. 96.25 1922-24 100. O.O i to 6 6 6.01-6.84 6.50 lumbermen's Building. Fifth and Stark. Six Hundred Thousand Dollars in Capital and Surplus. FIBREjCOATlHG AND REPAIR PRODUCTS KEEPING a roof coated is Tike keeping a house painted, keeping a machine greased, or keeping a field fertilized. It is unquestioned economy; the commonest horse sense. . And Carey Fibre Coating U the best and most economical material for the purpose. ' It is made by manufacturers who have had 46 years of practical experience in the manu- UaC T perfected refinement of those water-proofing 35Ph5 li minerals which form the basis of the most enduring roofing. Insist on Carey Fibre Ti; cAt7l you will get longer protection at minimum cost. CAREY" BUTLDINa MATERIALS Absio Baih-P Atvk.lt Bdlwft, RWt FibOTKk AibestM F.lU FUm ktpkak FelU AfltUU Shingles AlhJ Pluk liuulatinf Paper pMHrNfaI Ci,iiil Roll Roofing Fikn CMlUf im Rw(i Wallboard Raofrnf Flints Asbestos MstsriaU Elsstite Exesnslo. Jsia Caray FWzJbla Ccsasot aUsslmf 85 Magnesia Pip. ajU Seilar Cs.erinc Pacif ic Asbestos & .Supply Co. 67-69 FIRST STREET 23 PORTLAND. OR. B9 The Canadian Bank of Commerce COLLECTION B USINESS Our numerous branches and widespread connec tions enable this Bank to render unusually efficient service in making collections. Portland Branch Fourth and Stark Streets Port of Nehalem, Oregon Bonds to Net 5 Government and Municipal Bonds Bought and Sold. ;? F. 1. nevareaux 5i(5m panv 87 Sixth Street . Bread "ay 1042 Ground Floor Wells-Fargo Building