THE 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