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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Oct. 21, 1919)
19 BOOM IN WMl STREET 6PECIAJLT1ES ADVANCE FROM 3 TO 2 5 POINTS. Jan. ...33.0 83.23 ta.so 33.00 TIIE 3IORNING OREGONIAX, TUESDAY, OCTOBER 21, 1919. LARD. Not. 27.30 28.45 29.45 Jan. i... 24.87 24.03 24.40 24.43 SHORT JIIB3. Oct. 18.62 18.60 1S.50 Jan 17.90 18.07 17.ST 17.67 Cash prices were as follows: Corn No. 2 mixed, I1.39 9L40; No. 2 yellow, S1.411.41. Oats No. 2 white, 72Vte73c; No. 3 white. 6O072c. Rye No. 2, 1.S81.3. Barley (1. 23 it 1.84. Timothy tb.Cit Qi 11.25. Clovex- Nominal. Eork Nominal, ard 27.87 27.07. Kiba 318.25 10.25. Grain at Saa Frmiicisoa. SAN FRANCIiSCO, Oct. 20.--Flour, 8-8s, $11.00. Grain Wrieat. $2.20; oats, ' red feed. $2.80.2.05; barley feed, $2.053.05. Hay Wheat, or wheat and oats, $159 IS; tame oats, $1518; barley, I12&16; alfalfa, $17622; barley straw. SO08OO bale. Minneapolis Grain Market. . MINNEAPOLIS. Oct. 20. Barley. $1.05 L28. Flax, $4.41 & 4.43. . EXEMPT FROM ALL DOMIMOJi GOTERNMENTTAXATIOIV . . $67,600.00 Government of Newfoundland 5Y2 COUPON GOLD NOTES DUE I July 1, 139. DENOMINATIONS $100, $500 AND $1000. A direct tax general obligation of the entire government of Newfoundland all the taxable property and resources being pledged to pay principal and interest as they become due. Price: TO YIELD 5.50 CLARK, KENDALL 6 CO. INC. COYERNMENX MUNICIPAL AND CORPORATION 80KDS dfllfil3ft2& Sfost Active Session in Months. Kens of Duj Almost Entirely favors Bull Side. bagj :V :t T??f - NEW YORK, Oct 20. On ths largest. U not the moat diversified, operation thus far this lali. uia stock ma.ru.et today : mounted almont ate&dily to higher levels, , mi.cellaneous shares once more featuring . the movement. Kventa over the week-end and those which came to hand In the course of -the seaelon were almost altogether helptul to the bull or constructive account, especially . industrial and monetary developments. The labor situation assumed a more def inite phase as the result of news regarding the industrial conlerence at Washington and reports of increased production irora leading centers of the steel and iron in dustry. Call loans opened at 8 per cent, hold ing at that level until the final hour when accommodations dropped by easy ' stages to 4 per cent, the lowest quotations in several weeks. Time lunds were un changed at 7 per cent. AuLomoblle shares, with their many ad juncts, overshadowed the trading from the outset. General Motors leadiug, with a 25 point gala to the new maximum of 330 Va; titudebaker, Plerce-Arrow. White, Maxwell. Btrombers Carbureter and the - various rubber tire issues rose four t. ten points. Shippings attracted attention by rea son of the activity and strength of Ameri can international, oils ruse three to six points under guidance of Mexican and California petroleums. Trans-continental and Texas company and American Woolen, sugars, leather, coppers and several new ly listed Issues rounded out the movement with gains of three to eight points. Bales amounted to I, boo, 000 shares. Domestic bonds, including Liberty Issues, were irregular, Internationals holding steady. Total sales, par value, aggregated f 15.750.000. Old United States coupon 4s rose 4 on sales, others unchanged on call. CLOSING STOCK QUOTATIONS. Last High. Low. Bale. US VI Utf'A Oi -A 63 014. m. urei ouk, ao.ooo uy a VI Am. Can .... 12.7UU Oiv 63 Am Cr & Fdty J.aoO 130 3b 133 W Am a. & l pld 4.000 1411s HoVi Am Loco . U.700 112 HO1, Am Sm & Rfg 5,700 77 74 Am Sug Kfg !-. Am um Tob. 2.500 105 Ts 1054 Am T. & T. . 400 100 UK 7, Am 5S L & Sm 1,400 3 -'1 !4 Anaconda Cop 13,700 70H 6S' Atchison 800 01 Vs 81 'i AO&W IS S 4,100 lMJj, 180V4 Baldwin Loco 44,500 145 Va 14-" Bait & Ohio.. VOO 40V 40 V Beth Steel B 22,Soo 10b? 103H B A S Copper 1,300 'M 2o Calif Petrol.. B.400 5T4 bl Canadian Pac 1.400 lolls 150 Cent Leather. 13,500 luti 105 Ches & Ohio. 4o0 57 'A 5714 Chi M & St P 2,700 43 Vs Chi & N W... 40O UlVa Chi It I & Pac 600 28 Chlno Copper. 1,300 44 4314 Col i'u 4c Iron 400 45 45 li Corn Products 9,i'oo bw 8s - Crucible Steel 3. loo 240 23'Ji4 Cuba Cane Sug 5.OO0 43 4J?i V S Kd Prods 3. MOO SUV4 &7Vi Erie BOO 16 !.-, tien Electric. 400 17rt lOUij Gen Motors.. 13,:;oo 33014 303 tit No pfd... 2,00 864 85H tit No Ore ctfs 1,400 43 43 ',j Illinois Central 2UO 4 U1H Iuspir Copper 6,000 62 V 61 ? lnt M M pfd 8.1O0 lKJW 115 Int Nickel... 0.700 30 'A 20 ',4 lnt Paper 13,0(10 67 64 Kennecutt Cop 1,700 36 34 Louis & Nash ... Mexican Pet.. 21,200 254 240 Miami Copper 600 27 27 Mill vale Steel. 13.2O0 5.i 53 V4 Missouri Pac 1.700 20 28 Vi Montana Pow .... ... ... Nevada Cop.. 200 1714 17V4 N Y Central.. r.oO 73V, 73 N Y N H & K 700 83 Vt S3 Norf & West. 1.200 100 ',i 100 Nor Pacific. 2.100 tsOVi KOVi . Pacific Mail. 300 8'.l',i 30 Pan-Am Pet. 16.100 133 Vi 131 Pennsylvania . l.UOO 43Tk 43 "4 Pitts & W Va Pittsburg Coal 800 64 64 Kay Con Cop. 1.400 231 23 Reading 1.5o0 82 Va S2 Kep lr & Steel 20,700 103 Shat Aril Cop 5oO 13T4 1-V Sin Oil & Ref Ifl.SOO 60 fill Vi Southern Pac 22,000 110 10814 Southern Ry.. l.KMJ 25 25 U Studebaker Co S3. 100 145 135 V Texas Co 4.700 2!I0 2S4 Tobacco Prods 2.XOO 105 104 Union Pac .. 0o 1241s V-3'4 Unit Ret EU. 11.400 114 1121s U S lnd Alco. 7,500 160 1SS U 8 Steel ...107,800 110 108 V S Sleel pfd 400 116 116 Utah Copper. 3.000 Srt 84 -Western Un.. 100 85 85V4 - Westing Klec. S3,6oo r.SVs 65 WU-Ovld ex d 77.400 38 37 Nat Lead .. 1.501) 87 Vi 86 Ohio Cils Gas 32. ..00 oti oiia Royal Dutch.. 54.700 106 104 Vi 105;, BONDS. D S Lib 8s. .100.42!Am T & T cv 6S.101U do 1st 4s.... t... u Atcn t,en 4S. .. U'4 lM.flti l) A K u rer 38. 08 05.36 N Y Cen deb 6s. 05 !3.7u,Xorth Pac 4s... 70 140 1 Ill 70 a 142 105 100 23 70 Vi 01 180 1441 40 Vs 104 26 63 lBOVi. 105 57',, 42 01 28 44 45 80 23S 42 88 V 15 172 327 85 43-! 04 62 115 20 14 67 35 100 251 V, 27 53 28 65 17 73 33 100 86 30 132 43 23 82 101 13 6O 108 25 144 288 104 124 112 158 100 116 86 85 r.7 37 87 do 2d 4s do 1st 4s. do 2d 4', a. . do 3d 4 i s. 05.40 P TcTil 80 do 4tn 4Vs.. renn con -j s . . :i3 Victory 3s 011.62 S P cv 5s 108 do 4s ..... 11.62:So Ry 5s 80 U S ref 2s reg.10o ll'n rac 4s 86 do 2s cou...100 V S Steel 5s 00 U S con 3s rcg.'SO nglo-French 5s. 07 do 3s cou 8! I do 4s reg...106iBid. do 4s cou 'loeVil BostoD BOSTON, Oct. Allouez Arts Com Cal & Ariz ... Sal & Hecla 4 Centennial . . . Cop Range -.. K Butte Cop.. Kranklin Isle Royale .. Ike Copper . slohawk Mining Stacks. 20. Closing quotations 42lNorth Butte 18 j.i uiq dominion 7 lObceola .... 5 Quincv ...... 16 Sunerior .... 63 S 4c B MIn . . 17;Shannon .... 4, Utah Con .. 36 Winona 1 (vvoiverins ..... 4 68 Greene Cananea 43 42 5 67 6 3 10 BHISK TRADE AT YARDS HOGS IX DEMAND AXD HALF DOLLAR HIGHER. Cattle and Sheep Sell Readily. Receipts Over Sunday Are 104 Carloads. There was a good ran of 104 loads at the stockyards for the opening of th week and a very active and healthy market. Hogs scored a 50 cent advance with the new top at $15.25 and a number of sales of especially choice swine at 25 to 50 cents above this price. The demand for cattle was good and full prices were obtained for the best quality. The sheep market In the main was steady, although $11.50 was quoted as the top on east of the mountains lambs. Receipts were 2100 cattle, 600 calves, 800 hogs and 2300 sheep. The day's sales Were as follows: Weight, Frice.1 . Weight. Price. 8 steers.. 781$ 8.751 1 bull ' 1250$ fl.25 7 steers ..1037 7.501 1 stag 1270 7.IS0 . 063 8.751 1 stag 1U1U .lllO 10.251 1 stag 1275 .1105 10.25:27 mixed .. 675 .1145 10.251 4 mixed .. 470 .1155 10.501 2 mixed .. 470 27 steers ..1250 10.50157 hogs 3 steers ..1136 0.O0107 hogs 8.251 6 hogs 0.751 2 hogs 8.751 5 hogs .. . , 0.001 1 hog O.OOl 2 hogs .. . . O.nol 1 hog 0.25 34 hogs .1106 10.00140 hogs . 075 O.OOI57 hogs . 502 8.25 51 hogs .1000 10.251 8 hogs 5 steers Z'J. steers 10 steers 25 steers 23 steers 7.00 7. (Ml 7.00 8.00 7.75 666 850 ..102 . .1130 . . 987 . .1087 032 U bteers 13 steers 13 steers 2 steers 20 steers 4 steers 7 steers 18 steers 4 steers 5 steers 20 steers 3 steers 7 steers 2 steers 5 cows . 3 cows , 10 cows . iti cows . 10 cows . 2tf cows . i) cows . 18 cows , 0 cows . 11 cows . 2 cows . 12 cows , 2 cows 3 cows 63 cows 2 cows 10 cows 27 cows . 5 cows 7 cows cows I cows 0 cows , l cows , 3 cows 3 cows , 5 cows 1 cows 5 cows 7 cows 30 cows 1 cows . . 20 cows i) cows . . 4 cows . . 4 cows . . 37 cows . . cows . . cows , . 10 cows . . 7 cows . . 4! cows . cows . . 1 cows . . 5 cows - . 5 heifers U heifers 5 heifers 2 heifers calves . 5 calves . 2 calves . 71 calves . 1 calf 60 calves . 1 calf . .. 3 calves . 5 calves . 4 calves . 1 calf . . . A calves . 0 calves . 1 calf . . . 5 calves . 4 calves . 1 bull . . . 1 bull . .. 1 bull . .. 4 bulls . . 1 bull ... 1 bull 2 bulls .1350 2 bulls . lH-'O 1 bull . . . .1320 1 bull . .. .!!) 3 bulls . . .1230 1 trull 550 Money, Exchange, Etc NEW YORK, OcL 20. Mercantile paper, 51? 6 Vz per cent. Sterling. 00-day bills. 4.14 U ner cent: commercial. 60-day bills on banks, 4.13 per cent; commercial, G0-day bills. 4.12 ter cent; demand. 4.16 U per cent; cables. 4.10 per cent. francs, demand, 8.60; cables, S.65; guilders, demand, 37 13-16; cables. 39 ; lire, demand, iu.20; cables, 10.18 marks demand, 3 ; cables, 3 4 . Government bonds. Irregular; railroad bonds, Irregular. Time loans, strong;; 60 days, 00 days and Tnontns, t per cent Dia. Call money In fair demand; high, 8 per cont; low, 4 per cent; ruling rates, 8 per cent: closing; bid, 4 per cent; offered at 5 per cent; last loan, 4 per cent. Bai silver, 91.184 -Mexican dollars, 03c. LONDON. Oct. 20. Bar silver, 64 Ud per ounce. Money, 2T per cent. Discount rates, short bills, 4 per cent; 3 months' bills, 4 -jm per cent. IS T WITH IiACK OF SUPPORT BEARS PRESS ADVANTAGE. Selling Follows Bulge of Over Six Cents Within Week Fluctua tions in Provisions. " CHICAGO. Oct. 0. Corn prices declined loaay unuer selling which was base larsreiy on the. fact that thr. hail h.on bulB"of mora than G cents within a week. Liosinic quotations were heavy, to.1 ii. l jower wnn uecemwr ,1.0 to l.iio and May tl.2314 to 1.23". Oats lost '4 to He. In provisions the finish varied xrom tl.i on to an advance of $2.73. t was an over-bought market in corn and -when bears noted a lack of support iney immeaiate;y pressed their advantage i,ifnines ot oxiennga was responsible to a moderate upturn at the opening. Weak nens 01 no? values, though, tended to dis courage buyers of corn. In addition, many traders expressed doubt that farmers were in general adopting a holding policy. Oats were steadier than corn. October delivery of pork was bid up to an unusual extent in an effort to fill an order. otherwise, provisions had no strength and stavs way with, hogs and corn. Leading futures ranted as follows: CORN. Open. High. Low. Close. Tee $1.27 S1.27H $1.2.1 H $1.25 May 1.23H 1.25s l-23is 1.23 OATS. Dec 71 4 .72 .71 U .71 May 1. .74 7, .74 .741, 1)1)3 . . 67 .. 830 ... 97S ... 810 . .. 941 . . . 1(77 . . .1003 .. .1103 . . . l71 . . . S1!0 ... 911 ...111S . .. efiO ... 9-MJ . . . 805 . . . 023 . . . KU2 . .. 905 ...1014 . ..10'JO . . .1125 . . .1032 ...1230 . . .1130 . . .1157 ... 941 . . .1043 . .. 840 . . .1070 . . . 875 . . .10B6 . ... 800 . . .1027 .. .1124 . .. 985 0!5 . . .IOKO . . . 932 . . . 855 . . .1085 . . . 9!)3 . .. 953 RGO . . . 935 . .. 795 . . . 931 940 734 8.0012 hogs , 167 15.00 ll 15.75 205 14.50 280 14.50 2ti0 14.50 140 13.00 270 15.00 430 12.50 215 15.25 311 15.25 198 15.00 224 15.10 200 15.00 200 15.O0 7.251 4 hogs 340 13.75 7.501 1 hog 350 13.25 5.751 4 hogs.... 210 1.1J 4.751 2ho3 .... 861 18.00 7.251 5 hogs 15(1 14.25 8.001 6 hogs 140 14.25 8.00183 hogs 220 15.50 8.251 8 hogs 192 15.25 7.75135 hogs 198 15.25 7.501 2 hogs 270 15.25 B.2i 6 hogs 258 15.25 8.50! 5 hogs 240 15.25 7.001 7 hogs .... 179 15.50 6.25110 hogs .. . . 201 15.25 8.00112 hogs 215 15.25 8.0OI 5 hogs 238 1S.OO 8.01126 hoes ... . 187 15.00 4.00I 8 hogs 243 15.25 6.50il4 hogs 159 13.50 8.151 4 hogs 150 13.25 8.001 1 hog 400 13.25 8.251 1 hog 380 13.25 6. SOI 7 hogs 232 13.00 7.251 2 hogs 305 13.25 8.25'H lambs ... 85 11.00 7.501 8 lambs ... 93 9.50 0.251 4 lambs . .. 67 8.50 5.5OI206 lambs . 84 11.50 8.00(132 lambs .. 82 l.SO 8.5o:109 lambs .. 88 11.50 7.501 8 lambs ... 80 10 25 7.001 3 lambs... 98 10.25 8.5H 31 lambs .. . 66 11.00 8.001 2 lambs .. . 65 8.50 ' 7.75I108 lambs .. 88 11.50 8.751 2 ewes .... 95 7.O0 8.15 265 ewes 76 3 5.0O.17 ewes 113 6.75 6.901 1 ewe ... 110 6.KO 8.15 83 ewes 110 6.50 6.00140 wethers 95 9.00 8.15:11 steers .. . 972 7.00 6.501 1 steer.... 770 5.75 7.35126 steers .. .1097 9.25 5.501 6 steers... 853 7.50 7.751 1 steer ... 0OO 0.5O 6.0OI 1 steer 610 4.25 7.501 1 steer 930 1075 8.151 2 steers... 855 7.50 7.75110 steers .. . 841 8.501 6 steers .. . 970 lO.OOl 4 cows ....1042 155 l.YOOl 8 cows 941 150 lS.OOl 2 cows ....104O 142 13.50119 cows 876 220 lo.ool 3 cows . .1003 831 880 448 251 780 850 931 770 8.S5 7HO 7.50 7.50 6.00 5.50 4.00 0.75 8.00 U.O0 4.50 7.50 4.25 7.60 7. SO . 523 .I1120 .1020 . 1 SoO .1380 . 1400 .1480 5.50 7.50 6.00 8.75 73 11.00 82 11.00 77 11.00 6: 67 100 100 95 9.00 9.00 3.0O W.0U 9.O0 9.00 8.00 7.50 60 . O.OOl. 1 cow 180 15.001 1 cow . ;.. 120 15.00! 9 cows ... 175 14.801 8 cows ... 203 10.00121 heifers . 240 8.0OI 1 heifer . 175 14..SOI 6 calves .. 135 15.25 2!7 11.0OI 8 bulls ....1088 5.50 130 15.001 1 bull .... 960 832 12.001 1 stag ....1150 7.00! 9 mixed . . 523 5.01)1 13 lambs . -5.5o'102 lambs .. 6.50159 lambs . . 6.25120 lambs .. B.00I 8 lambs .. . 6.50123 lambs . . 6.25i 1 ewe 6.00i 1 yearling 6.001 2 yearlings 6.5o;27 yearlings IOO 8.501 2 wethers 155 6.00! 4 bucks . . 177 Quotations on livestock at th local yards follow: Catti Best steers .........9 (iood to choice steers Fair to good steers .... Common to good steers. , Choice cows una hellers Good to choice rows and heifers 7.00 7.50 Medium to good cows, heifers. B.OO'a 7.00 fsir to medium cows, belters Canners .................... Bulls - Calves Stockers and feeders-.. ...... Hogs Prime mixed. . Medium mixed . Rough heavies Piss .-. sneep Prime lambs Fairo medium lambs....... Yearlings 7.50fi 9.00 Wethers i 7.500 8.59 Ewes .. . 6.00 0 7.00 Chicago livestock Market. CHICAGO, Oct. 20. Hogs Receipts 82.000, mostly 15 to 25c lower. Bulk. fl3.5014.40; top, $14.70; heavy, $14 14.60: medium. $1414.70; light. $13,850 14.40; light light, $184 14.15; heavy pack ing fovrf, smooth. 113. 40ff' 13.75; parking 8 5010.5 0.00(9 S.50 7.0y 8.00 6.50 it B. 50 7.50 8.25 B.OOd 6.00 4.75) 5.75 B.OOtii 7.00 8.00016.00 7.50 0 9.25 14.701S.25 14.25 a 14.75 12.25 Si 13.25 13.00414.00 11.00011.50 lO.SOto 11.00 LIBERTY AND VICTORY BONDS If you must BELL, your Liberty or Victory Bonds. SELL to us. If you can BUT more Liberty or Victory Bonds. BUY from OS. Oa Monday, October 20, 1919, the dosing raarkst prices were mm given below. They are the governing prices for liberty and victory bonds all over the world, and the highest. We advertise these prices dally In order that you may always know the Now 'ork market and the exact value of your liberty and victory fco.ids: 1st Sd . 1st Sd 8d 4ti Victory Victory Stts 4s 4s 4Us 4s m 4m 4m Market 100.40 95.30 93.63 95.40 83.58 95.40 93.50 99.00 89.60 Interest 1.23 1.40 1.73 1.48 1.84 .43 .07 1.57 1.99 Total ...,.101. 03 f,.70 95.41 96.89 95.43 05.83 98.67 . 101.17 101. When buying we deduct 87o oa a 150 bond and t2.6o on a $1000 bond. Wo sell at the New York market, plus the accrued Interest. MORRIS BROTHERS, Inc. Borfl&r and fireproof safe deposit boxes for rent. Open until 1'. M. Saturdays. " Xbe Premier Municipal Bond It o use. Capital One Million Dollars. Morris Building, 809-311 Stark St.. Bet. Fifth and Sixth. Telephone, Broadway 151. ' Established Over X Teats. FIFTH AND STARK STREETS - PORTLAND OREGON We Own and Offer Subject to Prior Sale and Change in Price sows, rough, $12.78913.25; pigs, $12.25J 13.25. Cattle Receipts 31.0O0, unsettled. Beef steers, medium and heavyweight, choice and prime. $17.45919.40; medium and good, $14.2517; common, $S.50314.25; lightweight, good and choice, $14.80 19; common and medium. $7.75'S-14.25: butch er cattle, heifers. $6.2514.50; cows, $6.25 12.50; canners and cutters, 506.2o; veal calves, $16.7517.75: feeder steers. $7913; stocker steers, 1 8 10. 50; western range steers, I7.75wl5.50; cows ana neiters. $5.75012. Sheep Receipts 3 3, two. rirm. uluiot. $12.75016; culls and common, $8.75012.50: ewes, medium, good and choice, $6.50 7.75; culls and common, $3416.25; breed ing. $6.75 12. Omaha Livestock Market. OMAHA. Oct. 20. (U. S. Bureau of Mar kets.) Hogs Receipts 4000, market, 15 25c lower. Top. $14.10; bulk, $13.251S.78; heavyweight. $13.60I4; medium weight. 13.7514.1u; lightweight. J1.1.75WH.1U; heavy packing sows, smooth, $13.35 13.60; packing sows, rough, $12.75 13.35; pigs. $1813.7S. Cattle Receipts 17.0OO. beer ana catch ers steady, stockers and teeaers strong. Beef steers, medium and heavyweight, choice and prime. $lS.25i 17.73; medium and good, $10.50 ft 13.25: common. $9 10.50; lightweight, good and choice, $11.45 018.25; common and medium, ts.iatv 11.50; butcher cattle. heifers, 7.504 12.50; .cows. S6.75& 1L50: canners and cutters, I54J6.75; veal cal-es. light and handy weight, Iizrgiia.zo; leeaer steers. 7W13; stocker steers, $6.50 10.25. - Bheep Receipts l'juu. sneep ana year lings 2550c higher, lambs and feeders strong. Lambs, t4 pounds down, sis.our 15; culls and common, $812.75;- yearling wethers. 9.5011.25; ewes, medium and choice, $74j7.75; culls and common, $3 4 7. SAN I-KAJiCISCO- -PRODUCE MARKET Prices Current on Vegetables, Fresh Fruits, tc., at Bay City. SAN FRANCISCO, Oct. 20. Butter, solid cube. 66c. ... Eggs Fresh, extras, 7IMc; extra pullets. 61c. Cheese Firsts, 30c; Toung America, un- auotea. - ' Poultry Hens . Z937e, according to Quality; young rooBters, 3530c; old, 18 20c: fryers. 30033c; broilers. 34 36c; squabs. 65 & 65c; pigeons, $2.502.75 dozen. Vegetables rjgculants, Ductofl lug dox peppers, bell, Jlti l.50 lug box; chile, $1& 1.50. as to quality; summer squash, un quoted: cream squash. J 1 61.50 lug box tomatoes. 75c$l large lug box; potatoes, rivers, white, $2.50&2.60 cental; sweet. 4c lb.: onions, yellow and white, J2.50jn2.75 cental; Australian brown. $3.25; cucumbers $1.251.H5, as to size and quality; green corn. I1.251&2.50 sack; garlic. 201i25c lb.; beans, string. 4 if 5c lb.: wax, 7tr0c; Umas, Ottlc: celery, J2.504r3.S0. Fruit Oranges. $4.506: lemons, $56; grapefruit, 15.50 if 7: bananas-, SteUc in. nineanoles. S3.50 iS4. 50 dox.: pears. Bart lett, nominal: apples. King, 3 14 tier, $1.75: Spitzenberg, 4 tier, $2: Bellefleur, $1.25& 1.75; aulncef, 75c $1.25 lus box; peaches. SltiJl.50 small box; melons. C'asabas. 50& 85c crate; honeydew, $14x1.25 crate; water melon, nominal; Jigs, single layer, white, OOcfel ; black, 75ctl; berries, raspber ries, chest. 412014: strawberries. IHU1 blackberries. $14 313: huckleberries, 13 W 15c lb.: plums, $1.25jl.50 crate, all varie ties: grapes. Malaga, l.-rg l.oo crate; seedless. 33.50 large lug; Tokay. 1 1.25 ft) 1.50 crate: pomegranates, $2.25r2.50 box; persimmons. fl.oo2 Dox; cranDerries, sa.RO box. ' Receipt! Flo&r. "6000 -quarters: "barley. 2001 centals; onions, 800 sacks: hides, 750; beans, 18,700 sacks; potatoes, 2657 sacks; hay, 187 tons; wine. 70O0 gallons. Kansas City Livestock Market. KANSAS C1TT, Oct. 2a Sheep Re ceipts. 14.000 ; 25 to 60c higher. Lambs, $1313.60: culls and common. $812.2S: yearling Wethers. $9.25010.25; ewes, $6.25 &7.6S; culls and common, $8 5.7$; breed ing ewes, 714; feeder lambs, $10.00 12.25. . KANSAS CITT STOCKYARDS, Oct. 17. Though cattle recelDts this week .were the largest thus far this season, demand was active and prices are closing the week 15 to 25 cents above last week. Host nrlces declined another dollar on Tuesday, reach ing a new low position for the past two years. Today's prices are slightly above ma low point Ot tne week. Hheen de clined 50 to 75 cents early in the weak and later regained 25 cents of the loss. rne market this week cared for 101.000 catue ana calves. Ldtrge demand charac tenzea tne trade. Killers made the larg est purchases ot the year and order buy ers were active. At no previous time In the past several months has a mora ootl- mlstlc tone prevailed on the market. Gen eral opinion is that the low point of the season has been passed, and with the country in excellent shape to care for cattle through the winter, selling pressure has been relieved. Fed steers were fully .a cents nigner. rnme grades sold at $17.50 to $18.35, yearlings up td $16.50. Other fed steers brought $15 to $17.50. some oi thera bad been ' caked on grass. Grass fat steers sold-at 88.50 to 113.75. Some 6666 sold as feeders at $18.80. Some heavy Colorado steers sold as feeders at $12.50 and $12.75. and other western range steers brought 89.50 to 811.50. Cows sold at $3 to $11.50. heifers $6 to $12.73. bulls o to ss.zo ana calves S.B0 to $17. New York flugar Market. ew iubk, Oct. 20. Raw sugar sttaay ; centniugal 7.28c; refined st-ndy. cut loai iu.duc; crusned, 10.200; mold A, 9 COc; cubed, 9.75c; XXXX powdered. 9.20c; standard powdered, 9.15c: fine granulated and diamond A, 9c; confectioners A, 8.90c; ro. 1 poll HUKr, ri.nDC vi 4? T-flt m S3 e. 4 Ik Wall Street Join T -- rr c 4vs a -f The Wall Street Journal HALL & COMPANY BUT AND SELL. ' Railroad Public Utility Industrial Municipal BONDS TIELDINQ 5 to 7 Foreign Government Loans Local Securities Preferred Stocks Lewis Bldg Portland, Or. Tax Exempt Municipal Bonds The Safest Investment .to yield 5V2 to 6V4 Call or Phone SECOND FUGS! AlESS PORK. Oct. el.50 MusilMwasisaw Bank Bus. Maim Me Freeman Smith a CAMP Co. Hie Wall Street Journal TWENTY-FIVE TIMES The assessed valuation of Skagit County, Wash ington ($18,164,605), is more than 25 times the total bonded debt ($713,900). Out of a new issue of $350,000 Serial 5 Road Bonds which constitute a general obligation of Skagit County We Offer the Unsold $252,000 at Prices to Yield 4.90, Income Tax Exempt Maturities 1920 to 1929 Skagit County is one of the wealthiest counties in the State of Washington, having agricultural, horti cultural, lumber, mineral, dairyingy and fishing industries of note, and being benefited by excellent transportation facilities afforded by both rail and water. The Carnation Milk Company has one of the largest milk condensories in the world at Mount Vernon, the county seat. Legal Investment for Savings Bank Funds in Oregon and Washington Full particulars on application. Lumbermens Trust Company $200,000 Serial 6 Gold Bonds RIGATION WARI SPRINGS . s . . . Malheur County CHARACTER These Bonds are an obligation of an Oregon municipality ; are entirely exempt from Federal Income Taxa tion; are certified by the Secretary of State, upon examina tion by the State Irrigation Securities Commission, as eligible as legal investment for Savings and Commercial Banks, Trust Companies and i unds, Insurance Companies and State School Funds; and as LEGAL. SECURITY for deposits of State, County and City funds in Oregon Banks. DISTRICT ( A Municipal District ), Oregon TERMS Dated July 1st; denominations $1000; Principal and semi-annual interest Jan. 1st and July 1st; payable in gold at the office of the Treasurer of Malheur County, Vale, Oregon, or at the fiscal agency of the State of Oregon in New York City at the option of the holder, redeemable in whole or part in numerical order on any interest payment date upon four weeks' notice at one hundred and three and accrued interest. . YIELD ALMOST 6 PER CENT Maturities Range From 1938 to 1947 Price lOl and Accrued Interest A Municipal Obligation Certified Tax Exempt 5 Z,ffS I - ' . . i ? c"': i -" " DFSrRIPTITE 8TNOPS15. I n iroble am (acres).. Arva expet-trd to b Irrigated and -altWatnl durini 1920 (srm) NOW Irrisated and cultivated Concrete Dam 100 Feet High Warm Springs Irriga tion District. Riverside, Or. IstimstH STfrsrt s,Msa Taloe of rrope for years 1917, 118, and 1919 from only about 40 per cent ef the (total area) Total aut hfirized and outstaadlns; bonded Indehtediiese Estimated market value of land alone Doee not include value of system practically completed with tbo pro ceeds from the sale of bonds or tbo Increased land values which should follow thin development. Average bonded debt per acre. ....... Kstimated sversf market value of land per acre Estimated average irross value of crops for years 1917, JK1S and 1919, per acre Average tax levy per acre required to pay one - year's Interest on 91 SA0.O0O bonds Estimated tax levy per acre required for operation and maintenance.... Knlimsted population, lncludinsr that of cities (cities are. by law. ex cluded from the district IS.OW) S4.000 12.00 . SOCOO l.SMt.ftOA C32O.0O0 48.80 5.00 17.69 2.79 .7- 4,000 Dam Warm Springs Irrigation District, Riverside. Or., Nov Completed. History and Development of Warm Springs Irrigation District The Warm Springs Irrigation District, organized in 1916, Is located In Malheur County. Central KaBtern Oregon, and is comprised of 29,000 irrigable acres. It Is about 600 milea east of Portland, Oregon, 100 miles east of Pendleton, Oregon, and 60 milea west of Boise, Idaho. The popula tion of the IMstrict Is estimated at 4000, which includes that of the cities of Vale and Ontario within and adjacent to the District, though excluded therefrom. Vale la the county beat of Alallieur County, and the headciuar tera of the District are located there. Vale and Ontario, which were in corporated In li and lsa, respectively. EACH have two banks with an aggregate capital of $235,000 and total resources on January 1, 1818, of J,a30,aa0. The 191 assessed valuation of said two cities is tl,lel,7i2. Ontario Is on the main line of Use Oregon Short. Line Division of the Union Pacific System from Omaha to Portland, and the entire District is traversed by a lCU-mlle branch line running from Ontario to Crane In llarney County. The $1,350,000 6 bonds have been sold by the above District to enable it to acquire a reservoir site and to construct a dam to impound about 170,000 acre feet of the flood waters of the Malheur Kiver and also to enlarge and extend the existing canal system. The construction of ths dam six miles from Riverside Station bas been completed and It is estimated that the distribution system will be prac tically complete by December 1, 1919. The sluraga ot" 170, Ouo acre leet of flood waters of the, above river will complete the supply to 12,000 acres of land that have been In the past partially irrigated and will make available a full supuv for a total of 40.000 acres, which is in fact 11.000 acres more than the irrigable areas now within the boundaries of the District. Additional irrigable areas are available for the application of this surplus stored water and the formali ties of providing tor the use of said surplus waters are now being arranged. The construction of the dam and works has been done by the Shattuck Edinger Company of Portland, San Francisco and Lxs Angeles, and, for speed, the completion of the dam is unparalleled for a similar structure. The practice of Irrigation In this section dates back to the early 'SOa. Thus, the susceptibility of the soil to irrigation, its fertility and the productive value of the land are matters of history and not theory or expectancy. STAPLE CROPS PREDOMINATE, such as wheat, barley and alfalfa. A very conservative estimate of average per acre yields for which the soli is capable is 36 bushels of wheat, 66 bushels of barley and 7 tons of alfalfa. It is believed that the average gross value of the crops grown during 11)17, 1918 and 1919 on land representing only 40 of the entire District will exceed t&Ou.uOO. The winter feeding in the District of large numbers of cattle and sheep contributes materially to the farming reve nues which the property owners derive. tTnder the Irritation District lw of Oregon the banded Indebtedness of those districts which have been certified as above Is limited to 60 ef the acsrreKate market value of the lands within a district, and of the water, water riahta, canals, reservoirs, reservoir site aae other irrigation works owned or to be acquired or constructed The principal and Interest of the bonds are, by law, "paid by the revenue derived from the annual assessments upon the land in the District, and all the lands In the Dis trict shall be and remain liable to the assessed lor such pa men is as herein provided, and under and subject to the provision of thla Act," Xhe lies of the tax ranks AU1A1 ot that ul all lirst mortaases. . v The law provides that the Hoard of Directors of the District shall certify the equal tzed assessment roll of tha District to the rOlXTT ASSESSOR, whereupon the Countv Assessor enters same Uon the ( Oi;NTV aetsmeut roll In the same manner that municipal SMewneato are entered by him on said assessment roll, ftirh tax is collected and accounted fur IN XILK bAMli 41AtB Aa AIOICII'AL TAXt-s. and the collection thereof enforced la tne same manner as the other taxes of the county. Legality of the Issuance and Sale of These Bonds Has Been Approved by Messrs. Teal, Minor 2f Winfree, Portland, Or. For entering subscriptions or for further information set forth in descriptive circular, call upon or address CLARK, KENDALL & CO., INC., PORTLAND, OREGON Bonds Trusts Acceptances Lumbermens Building Fifth and Stark Six Hundred Thousand Dollars in Capital and Surplus Three Conservative Preferred Stocks INVEST in these recommended securities, offering; sttrac- tive incomes. Dividends exempt from present normal Federal Income Tax. Procter & Gamble Co., 6 Standard Oil Co., 7 Firestone Tire & Rubber Co., 7fo At Market Prices Circular on request for OR-257 The National City Company Correspondent Offices in over 50 Cities ' Portland Yeon Building Telephone 6095 Main ' Bonds Acceptances Preferred Stocks ROBERTSON & EWTNG LIBERTY BONDS New York Quotations, Interest Included. SVi 1 101.H2 First Second First Second Third Fonrfh 4s.. i 4a 4'4s 4Vs 4ya 4 Vis.. Victory 4 Vis 1W.TO S.41 . iMI.8 5.43 nr.. -2 3.liT 1O1.50 We Buy and Sell Any Amount. FEDERAL TAX EXEMPT 6 BONDS Local Securities 207-8 Northwestern Bank - .Building PORTLAND, OR. INVESTMENT SECURITIES We specialize in Government bonds and other Invest ment securities. This firm wa founded in 1665 and we have clwsys endeavored to recommend to our clients conservative investment. As members of the' New York and Boston Stock Exchanges we are pre pared to execute orders for the purchase or sale of se curities on a cash basi3 in large or rmall amounts. A circular describing several issues of desirable, investment securities will be sent on requefl. " tCicl d e Pe afc o cty & Go. S Devoxsli!.arc St. 7'Will.Stjreet Boston -NewYojr-K Cerreaoendeats Mitchell, Hutchins $L Co., Inc. The RooKerr, Chicago Anglo-French Bonds To Net 7.65 Government and Municipal Bonds Bought and Sold E L Devereaux &(5mpany 87 Sixth Street Broadway 1042 Ground Floor Wells-Fargo Building i i