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