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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Oct. 23, 1919)
THE MORNING OREGONIAN, THURSDAY, OCTOBER 23, 1919. APPLE IllEffi TO EAST HAS 1NCR Shipments Are Far Ahead of Recent Years. ALL POINTS SHOW GAINS 'Necessity for Continued Conscrva--- tion of Refrigerator Equipment Is Urged Upon Shippers. Apples are moving out of the northwest at a rapid rate this year. Total ship ments to date, the correct figures show to be 0528 cars. Ia the co-responding period last year the shipments were 6079 cars and i. wo year a so 4025 cars. So far this sea son Oregon has despatched 743 cars; Wash ington. 6513 cars; Idaho. 1642 -cars and Montana. "83 cars. Oregon shipments from July 1 to October 18 for the past three years compare as follows: ', 1019. 1818. 1S17. July 4 2 0 August 10 0 4 , tsptembcr 152 5ft 43 October Uo 18th) f,H7 325 283 - Total 7.13 395 330 Dally shipments from Oregon from Oc tober 9 to October 18, inclusive, were: . Cars. I Cars. October 8 301 October 14 34 October 10 45! October 15 3! "Jcmoer 11 4l)lOctrer 16 42 October 12 5 October 17 f.7 October 13 04, October 18 35 Total 3S7 From all the northwestern states, the shipments during the above ten-day period Were 4303 cars. The above figures, which . are given In a special notice to shippers issued by I. N. tnndall and VS. R. Gassman. assistants In transportation of the bureau of markets, are Intended to assist the shippers in ar riving at an analysis of the situation with respect to the amount of tonnage yet to be moved from each district so that it .may be determined what policy should best be pursued In each shipping district . to bring about the ultimate protection of all unshipped tonnage. The notice says: "In view of the fact that the reports from carriers that the available refriger ator equipment Is being rapidly diminished by reason of the heavy dally loadings and that the supply is apparently not being augumcnted by deliveries of empties for northwestern loading in sufficient num- bcr to meet maximum requirements, we again -wish to urgently impress upon all shippers the necessity Tor continued con servation of refrigerator equipment." EASTERN ArrtE MARKET IS STEADY local Trade la Quiet YVIth Large Supply ia Jobbers' Hands, The local apple market was steady and nachanged In price with another car of "Washington fruit on hand. Jobbers do not exepct much improvement in their trade until the valley stock is worked .off. At the New Tork auction, Oregon Winter Bananas, extra fancy, medium to large, sold at 3. 73 O 4 and fancy, medium to 'large, mostly at 3. 3 Conditions at shipping points were tele graphed as follows: - Spokane, Wash. Carloads f. o. b. usual terms. Yakima Jonathans, fancy, $2.15 92.20. choice ll.KOSj 1.S5, small sizes 11.75: bcllcious. fancy $3.20, .nol.-e J2.65; Wlne aps. extra fancy. 12.85 a 2.90: Romes. medium to large, extra fancy. I2.30fe2.35, iarge $2.40. rancy 12.15; Arkansas Blacks. -medium to large, J2.00. Wenatchee Wine saps, extra fancy. $3; Delicious, medium to -large, choice, 2.70; Spitzenbergs. medium large, extra fancy, 2.60; Jonathans and Stayinans, extra fancy, $2.50, fancy $2.25. Other districts Jonathans, extra fancy, $2.45. All sizes small to large, ex ceptions noted. Marttnsburg. W. Va. Demand good, market firm, carloads o. b. usual terms, barrels. A 2'--ineh York Imperials, most ly $6.75: Ben ravis, $5.50-i'5.75: stay mans. ' 7.S0. Carloads f. o. b. cash ;-track. A 2Vi-inch York Imperials and JRr.w Davis, mostly $6.50; Staymans, $6.50 (0 7. Grand Junction. Coio. Hauling heavy, demand moderate, market steady, car- loads f. o. b. usual terms, boxes. Wine J spas, extra fancy, $2.4(jj 2.50, fancy $2.10 ff?2.25, choice $ 1.75 fry 1.N5 : Oanos, extra fancy, $1.00, fancy $ 1.115. choice $1.40; Hen Iiavis. extra fancy. $1. 05 W 1.75, fancy $1.40 tjfl.50. choice mostly $1.25. Rochester. N. Y. Haulincs very heavv. picking practically finished this week, good ' Wire Inquiry, demand good. market -stronger. Some ordinary quality. Car loads f. o. b. usual terms, barrels. A Sc inch Baldwins, few greenings, mostly .T5T. WHEAT FARMERS SLOW SELLERS Coarse Grains Are Firmer, But Local Market Is Hull. There were no new developments in the wheat situation. The demand was keen, ut farmers were slow sellers. -' Coarse grains were firmer at the ex change, but the market was quiet locally an din the country. Corn bids were ad vanced 50cf$2 and oats f0cf$l. Barley -offers ranged from unchanged to $1 higher. -At San Francisco December barley again sold at $3.10. The Chicago barley market -closed 1 & ti 2 cents higher. . Weather conditions in the middle west, as wired from Chicago: "Chicago cloudy. 45; Quincy clear, cold; Missouri mostly clear, 40 to 43; Kansas part cloudy to clear, 50: Kentucky, Tennessee cloudy, cooler: Ohio valley clear, cool: Nebraska, Iowa clear, cool: Minneapolis part cloudy, ;.4S; Duluth, misty, cool; Winnipeg snowing, . 35. Forecast tiraln belt. Kansas fair. warmer tonight. Thursday rain or snow. much colder. Balance unsettled, rain or snow, cold wave northwest. Terminal receipts. In cars, were reported by the Merchants' Exchange as follows: Wheat.13arley.Flour.Oats. 11 ay. Prices were quoted unchanged yesterday, but the sales were of small lots. The egg trade was also backward and prices bad a weak and uncertain tone. There was a good demand for poultry of all kinds except light hens, which were In over supply. The dressed meat market Was very weak. T'irm Market for Potato, The potato market continues firm. Local stocks are ample, however, . particularly of Washingtons. four ears of which ar rived and threo more are onthe way. Ore gon Burbanks, mostiy field run and irregu lar, were held at 12.25. The best Wash ington Netted Gems were quoted at $2.50, poorly graded at $2.2532.40 and northern Burbanks at $2.352.50. One car of Ore gons was shipped. Bank Clearings. Bank clearings of the northwest cities yesterday were as follows: Clearings. Balances. Portland $6,540,539 $1,844,935 Seattle 8.238.8S0 1.078.538 Tacoma 1.010.832 320.851 Spokane 2,610,336 078.844 PORTLAND MARKET QUOTATIONS. V Grain. Flour, Feed, Etc. Merchants' Exchange, noon session: Bid. Not. Dec. $52.50 $53.00 63.00 63.50 63.50 64.00 66.50 54.50 82.00 B2.50 53.0O 53.23 65.75 64.75 61.00 C1.50 Oats Oct. No. 8 white feed. .. .$52.00 Barlev Standard feed 63.00 No. 3 blue 63.50 Corn No. 3 yellow . . 60.00 Kastern oat's and corn, bul Oats 36-pound clipped .... 50.50 38-pound clipped .... 52.00 Corn No. 3 yellow 60.00 Barley No. 2 60.50 WHEAT Government basis, $2.20 per bushel. FLOUR Patents. $11.75; bakers' hard wheat, $1 1.7.1 ft 12.35 ; whole wneat, $10.75, graham. $10.45; straights, $10.70. MILLFEED Mill run. f. o. b. mill, ear lots, ton .ots or mixed cars, $3839; ton lota or over, delivered, $1.5092 extra; rolled barley, $67; rolled oats, $00; ground barley, $07; scratch feed, $78.- CORN-Whole. $70; cracked, $72. HAY Buying prices, f. o. b. Portland: Alfalfa, $28; cheat. $1710; clover. $21 22; oats and vetch, $2122; valley timothy, $26&28. HOG MARKET UNCERTAIN BULK SALES AT $14. 50 14.75 ARK LOWER AT YARDS. Outlook for Sheep and Lambs Also Unsatisfactory Cattle Steady and Unchanged. The hog market had an uncertain tone at the local yards yesterday. Quotations were lowered a nickel with $14.95 given as the top, but the bulk of sales were at $14. 50'y. 14.75. In the sheep market the trade was. also more or less at sea and the outlook was anything but satisfactory. Cattle were steady at former prices. Receipts were 39 cattle, 30O hogs and 1048 sheep. The day's safes were as follows: Weight. Price.l Weight. Price. - 2 steers 2 steers .7 cows . 2 cows . 1 cow . . I cow . . 1 cow . . 14 cows . 2 calves 1 calf . . 2 calves 6 calves 7 hogs . 7 hogs .. 74 hoKrt . 4 hotrs . 3 hogs . 18 hogs . 7 hogs - 19 hons . 4 hogs . 1 hog . . 10 hogs . 7 hogs . 2 hogs . 1 hog . . 4 hogs . 6 hogs . ' 1 hog .. 18 hogs . 14 hogs . 1 hog . . 1 hog . . 2 hogs . 6 hogs . 2 hogs . 3 hogs . 13 hogs . 1 hog . . 2 hogs . 4 hogs . 1 hog . . 17 hogs . 3 hogs . II hogs . 8 hogs .. .isu $ 6.50116 hogs .. .U .. S.BOi 3 hogs , . .878 6.5UI 5 hogs . .905 4.50'. 2 hogs . . .080 7.001 3 hogs .1110 5.SOI 4 hogs . ..920 7.001 8 hogs . .lOtiO 7.7-V 4 hoes ...SiO 11.O012 lambs .. . 120 15.0O! lambs .. .235 12.00 12 lambs .. .355 9.001 I lamb ,. .777 12.25 12 lambs ...247 13.75) 6 lambs ...221 14.051 H lambs ...3"5 12 05111 lambs ...1110 14.35123 lambs . . .207 14.751 1 lamb ...272 12.75112 lambs . . .240 14.75136 lambs ...2115 12.751 5 lambs ...280 12.75 21 lambs .. .228 14.75 IS lambs . . .228 14.751 5 ewes . . k.175 14.751 2 ewes . V.160 12. 75! 12 ewes . , . .170 14.751 1 ewe .. . . .130 13.5KI 6 ewes . . .318 13.Jitt 6 ewes . . . .219 14.501 3 ewes . , . . 199 14.25 32 ewes .. .2KO 13.75 ...350 12.75 JIM $14.75 . . .275 13.75 .. .210 14.75 . . .230 12.75 . . .272 13.75 . . .212 14.75 ...220 13.75 ...217 14.75 ... !1 10.50 . . . 1118 10.O0 ...111 10.00 50 8.50 1011 10.50 ... . 83 10.50 81 10.OO . . . W 1X.25 . !. 04 10.25 ,..70 11.50 . . . 78 0.50 . . .100 10.25 0 8.50 51 8.00 71 1O.O0 .140 5.50 Eitmpt from sJl Dominion Government Taxation $151,000.00 Province of Saskatchevan Dated: July 1. 1913 This issue of bonds is province of Saskatchewan, Duel Jnlr It 1923 eneral obligation of the entlne nal as they se bonds are exceptional as to security and a gei all o Df its taxable property and re sources oelng pieagrea to pay interest ana prineir necome aue. ines interest yield. PRICE: TO YIELD GV4 LIBERTY AND VICTORY BONDS If you must SELL your Liberty or Victory Bonds, SELL to us. . ' If you can BUY more Liberty or Victory Bonds, BUY from US. On Wednesday, October 22, 1010, the c;osing market prices were as 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 New York market and the exact value of your Liberty and Victory bonds. - Victory 3V-a 1st 4s 2d 4s 1st 4Hs 2d 4Hs 34 44s4th 4'4s 3s 4Hs Market ... 100.70 05.20 83.80 95.30 93.72 6S.44 0S.S2 ,W.6i 90.62 Interest... 1.24' 1.42 1.16 1.51 1.87 ' .45 .09 1.50 2.02 . ' 101.23 101.04 i $1000 bond. Total .. 101.94 96.63 93.66 96.81 95.59 95.89 03.61 When buying we deduct 87c on a $50 bond and $2.50 on We sell at the New York market, plus the accrued interest. "-- and Fireproof Safe Deposit Boxes (or rent. Open Until 8 P.M. on Saturdays. MORRIS BROTHERS, INC., THE FREMIKR MUNICIPAL BOND HOUSE. Capital One Million Dollars. Morris Building, 309-311 Stark, Between Fifth and Sixth Streets. Telephone Broadway 2151. KstabUstaed Over 25 Tears. ! In the last hour.' this constltutins a new record. During the greater part of the session, however, oils, motors and affiliated spe cialties were again the overshadowing features. New maximums were made by Texas company. Mexican and Pan-American petroleums. General Motors and Bald win Locomotive at extreme advances of 8 to 16 points. Sinclair was strong on an nouncement that a large sum had been S2t aeide tt increase the company's ca pacity In the middle west. Other promi nent features at gross gains of 3 to 12 points included such varit-d issues as Rem ington Typewriter, Columbia Graphaphone, Corn Troducs, Retail Stores, Hide & leather preferred and Burns Bros. Chemi cal, fertilizer, paper and utility issues em braced tno other active stocks at gains ol 1 to 3 points. Bales amounted to 1. 750.000 shares. Reactions in speculative rails caused moderate Irregularity in the bond market, although the liberty group was steady, with the Sits at 101, repeating the year's highest price. Total sales, par value, ag gr.gated IH.OOOn.Owo. old United Stale bonus were unchanced on call. CLOSING STOCK QUOTATIONS. ..115 . . 106 . .'ISO . .113 , . 93 . . 83 . .102 yearlings 120 8 yearlings 88 .150 .338 .303 3.50 ti.OO 4.50 O.Otl 6.00 3.00 6.00 0.00 9.00 4.50 8.00 5.O0 .25 12.501 1 buck .208 14.751 8 mixed . .270 13.751 2 mixed . .246 13.751 1 calf . .. .164 14.751 2 bulls .. .280 12.001 1 bull . . . .295 12.75115 hogs . .. .1811 13.75! 3 hogs . .. .220 11.751 2 hogs . .. .202 14.751 4 lambs .. .336 12.75ifl5 lambs .. .2X5 13.75i 18. wethers .235 14.751 Cluotations on livestock at the local yards follow: Cattie Best steers Good to choice steers .... Fair to good steers ...... Common to good steers. . Choice cows and heifers Good to choice cows and heifers 7.fK rt 7.50 Medium to good cows, heifers. 6.00& 7.09 alr to medium cows, hellers. Canners ..................... Bulls Calves .. Stockers and feeders ......... Hogs Prime mixed................ Medium mixed...... Rough heavies Pigs , Sheep Prime lambs... Fair to medium lambs. ...... Yearlings ................... Wethers , Ewes . .170 15.00 .1125 6.00 . 1250 6. 511 . .244 14.50 ..876 12.50 ..310 13.50 . .1011 10.00 . . 89 1O.00 ..121 8.75 .$ B 50(910 5 . 9.00 O.SO . 7.00(9 8.00 5.50fa 0..M1 T.ftOt 8.50 5.00(i B.O0 4.75 rt 8.75 5.00(9 7.00 8.00 916.00 7.50 O 9.25 14.50 ni 14.05 14.0OIS 14.50 12.00 13.O0 13.00W14.00 11.00(911.50 10.50 rail. 00 7.50 9 9.00 7.00 8.5 6 Wednesday . . 158 - Year ago . . 23 Seas' n to date 3517 Year ago . .4045 Tacoma Tuesday ..... 33 Year ago . . 20 Eeas'n to date 2255 Year ago . .2223 . Seattle -Tuesday 43 Year ago . . 86 Eeas'n to date 2129 Year ago . .24U2 1 14 108 417 19 124 38 57 21 11BS 550 5 3 205 535 9 252 381 1 93 84 3 10 2.V 288 0 36 622 1174 4 8 350 556 9 5 517 1110 ,15UROPE.N WEATHER AlOS SEEDING Koumania Preparing to Export Wheat to France and Belgium. " The crop' outlopk abroad is summarized by Broomhall in his weekly cable review as follows: - United Kingdom Weather conditions 'very favorable and satisfactory progress is being made in the sowing of the new crop. - France Recent unseasonably dry weath er has been partially relieved by useful rains, which, it is hoped, will faciliate .sewing of the new wheat crop. However. .JO am jao uotioBjsfivstiip aql o 2ukO tidal wheat prices, it is feared sowing ,-wm do consiaeraoiy curtailed. Italy ine quanty of the new wheat Is excellent, being fully 64 pounds to the ' nushel. weather has been generally favor able for agricultural pursuits and seed ing of the new troy has been making satistactory progress. Roumania Rains during the harvest affected the wneat to some extent. Out look for corn continues excellent, promis ing over 30 bushels per acre. Already, fair quantities of wheat have been fixed for export to Belgium and France, for ship ment as soon as export prohibition has been lifted. Australia Useful rains have fallen In - the west and south, and this precipitation .will undoubtedly be of material benefit to the. new wheat seedings. Butter Stocks Accumulate. The demand for cube butter continues s!ow and stocks of the first grade as well as the lower qualities tend to accumulate. i.004? 7.09 Chicago Livestock Market. CHICAGO. Oct. 22. Hogs Receipts 21.000, mostly 75c$l lower. Early top. $13.25, out of line: bulk of sales. $12.25( 13; heavy, $12.50il3: medium, $12.40W 13.10: light. $12.400 13; light light, $12 612.60; heavy packing sows, smooth, $12'd 12.40; packing sows, rough. $11.50tol2; pigs. $11.75(1.12.50. Cattle Receipts 18.000, weak. Beef steers, medium and heavyweight, choice and prime, $17.40 19.50 : medium and good, $ll(lfcl7: common, $8.50(ill; light weight, good and choice, $14.2519; com mon .and medium. $7.75 & 14: butcher cattle, heifers. $6.50 jp 14.50; cows. $6.50rJ 12.75; canners and cutters, $5.35&6.50; veal calves, $16.5017.50; .feeder staers. $7 13.25; stocker steers, $6(fr 10.75; west ern range, steers, $7.4515.50;- cows and heifers, $0fcl2.5O. Sheep Receipts 22.000, firm. Lambs. $12,754(15.75; cull.-i and common, i.oW 12.50; ewes, medium, good and choice. $6.50(? 7.75: culls and common, $3(6.25; breeding. $6.75912. , Omaha Livestock Market. OMAHA, Oct. 22. (U. S. Bureau of Mar kets.) Hogs Receipts 4800, market 75c W $1 lower. Top, $13.50: bulk, $1212.50: heavyweight, $12.25' 12.50; medium weight. $12.5013; lightwelgnt, 12.4o't 13i heavy packing sows, smooth, $12.12.25: packing sows, rough, $11. 50412; pigs. $12w14. Sales. Am Beet Sug. 4. lull Am Can S0.7OO Am Cr & Fdry :-) Am 11 & L pfd S.wni Am Loco .... 8.1 DO Am Sm & Kfg 3.3IP0 Am Sug Rfg.. l.tmo Am Sum Tob. 8.9O0 Am Tel & Tel. nod Am V. L & Sm 1.300 Anaconda Cop 2.H00 Atchison ..... 1.2O0 A O A W I 8 8 4,5il Baldwin Loco. 7S.0IMI Bait A Ohio. . 1.8HO Beth ajeel B. 61.1H0 B A 8 Copper. tiOO California. let. 2..Vio Canadian Pac. H0O Cent Leather. 15hmi Ches ic Ohio.. 400 Chi M A St P I.IOO Chi A N W. .. 200 Chi K I & Pac 4O0 Chtno Copper. 2.400 Col Kti A Iron 8,7110 Corn Products. 62.4(10 Cruilble Steel. 12,C.( Cuba Cane Sus IT S Fd Prods. Krle Gen Electric. Gen Motors... Gt No pfd . . . Gt No Ore ctfs Illinois Central lnspir Copper. Int M M pfd.. Inter Nickel.. Inter Paper n.tioo 5.2IM) I. 300 noil G.4"0 7IO S.KOO - :;uo 2.4mi 4.800 II. 700 29,900 K C Southern. l'0 Kennecott Cop 2.0(H) Louis A Nash. :iOl Mexican Petrol 30.000 Miami Copper mo Mid vale Steel. 31.6O0 Missouri Pac. 3.60H Montana Pow. :100 Nevada Cop... 40 N Y Central. . aoo N Y N H A H 1.90C1 Norf A West.. 700 Northern Pac. 2.200 Pan-Am Petrol 42.100 Pennsylvania.. 1,700 Pitts A W Ya Pittsburg Coal 2.000 Ray Con Cop.. 0M1 Reading ' 1,400 Rep lr A Steel 98,:t00 Shat Arts Cop fHPO Sin Oil A Rfg.117.900 Southern Pac. 1A.4O0 Southern Ry.. 1.70O Studebaker Co 7.9. 4O0 Texas Co lB.RnO Tobao Prods.. . 6.4KI Union Pacific. ' 7uo United Ret Sts. S4.9O0 U S Ind Alco. 9.6O0 U S Steel 151.::(l0 do pfd .2(l0 Utah Copper.. 1.4O0 West Union .. 2o Westing Klec. 6.400 Wtllys-Ovlnd.. 22,600 National Lead 2.oi0 Ohio Cits Gas. 10.700 Royal Dutch.. 71.500 High, loo's 137 142V4 lUIVs 75 '141 14 107H 09 21 61 . i ' 18 15rtH 40 108 H 26 54 150 107H 57)s 43 l M 28 S 44S 48 V 99 249 43i 89 T 16 173 3.19 85 45 li 62 115 29 H 71 ' IS 14 35 14 110 21.4 27 Vi 55 20 1. e.T 17'i 74 32 Ti 100'i 80 1 140 '4 43? "fiii 2:: 1, 8214 120 14 6.1 109 '4 254 143 14 315 liifi4 123 116'4 1 15 Mi 111 116'4 ' 86 57 Mi S74 M 57-4 113 V4 Low. 08 641 1351 138 112 74 i:i! 10.-. s iH 21 68 90 1 S3 ' ISO 40 108 V4 26 53 1 49 ll4 57 N 42 91 Vj . 28 4 3 '4 45 115 2::s 41 H 8S ' 15 171 3:'.2 li 85 43 T4 . 3 "S, 1 Mi 114 28 69 ISMj 34 110 258 27 4 52 28 65 17 72 Ir.'Mj ion so l.'irt 4314 "3Vi 23 V 81 IOI 1314 61 los. 140 310 154 123 114 11214 llo4 116 84 86 56 36 87 56 110 Las; rale K8 5 135 Mt 142MV 112 74 ? 141 1 Oil 21 6 l0 J 85 Ml 154 40 108 26- 5 3 Ml 150 1116 57 43 91 V4 28 43 48 07 V4 248 4-i 88V4 16 171 3:tf Mi 85 45 93 61 114 29 6(4 .-' Ill) 26! 27 55 28 63 17 72 32 1 on 8014 137 43 32 64 23 82 II8M1 13 62 108 25 142 312 105 123 115 113 111 116 84 86 57 36 i 56 110 LATE UPTURN IN CORN COUNTRY OFFERIAGS HAVE BEEN CHECKED. CLARK. KENDALLS CO. INC. COVCRKKENX MUNICIPAL AND CORPORATION BOKDS 9 FIFTH AND STARK STREETS -PORTLAND OREGON We. Own and Offer Subject to Prior Sale and Change. in Price mat WAR! $200,000 Serial 6 Gold Bonds PRING Malheur County IRRIGATION iHvTR fT ( A Municipal District J j Oregon 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 Companies and Funds, Insurance Companies and State School Funds; and as JLKGAL. SECUK1TY for deposits of State, County and City funds in Oregon Banks. Market Weak Before Rally Owing to Big New Breaks In Live Hog Prices. CHICAGO. Oct. 22. Indication that country offering of corn hail been checked made tha orn market rally today from a decline due to denorallantlon of hop; values. Corn cloea firm at the same as yesterday' finish to lo hinher. with Dicemb- r $1.24 to II. '.'3 and Mujr 1.22 to Oats sained c to hc. Tho outcome in proi&ions was unchanged to 40c lower. At first bears had things much their own way In th corn market. Big new breaks in the pric? of hogs resulted In coiifrlderabte speculative selling. Tempo rarily, too, buy. rs were further discour aged owing to tho fact that contrary to expectation the longshoremen's strike wns still unsettled. It was not long, though, before the maj-irl'-jr of traders betrame convinced that the downward swing of the corn market was shutting off supplies from rural sources and that no distress liquidation on the part of holders had taken place. Shorts then grew nervous and export buying f oats accelerated the late up: urn. Oats sympathised with the early weak ness of com but afterward showed inde pendence. KeviVAl of export demand was ntted, including loi.ooo bushels bought here for ihu seitboerd. . ProvlHoris were depressed by' the col lapse of the hog market, but grain Ltrength acted later as an offset In part. Leading futures ranged as follows: Open. . High. Low. Close. BONDS. V S Lib SWs.lOO.RRIA T & T e 6s. 101 do 1st 4s . .05.1'OiAtch gen 4s .. 7, do 2d 4s H3.WI D R a ref 5s"5'4 do 1ft 4 . .ii.v:t(VM V C deb 6s. do 2d 44s..3.S4M P 4s do 3d 44s. .1I.V44M P 3s do 4th 4s.l3.5N Pac T & T 5s. Victory 3is . .KO.WVPa con 4 ... dO 4S.... UU.QG 3 X- CV OS.. (J S ref 2s reg'ioo do -coupon .loo U S cv 3s reg.!) do counoa .. U S 4s rg...10V4i do coupon . "nw So Ry Bs U P 4s 7 S Steel 5s. . Anglo-Fr 5s 85 Vi . 1 . 5AX .!tO "A , 92 108 . 89 85 H 10014 1 7 Bid. Mining Stocks at 1 to ton. BOSTON, Oct. 22. Closing quotations: STOCKS CLOSE STRONG STEEL . IMPROVEMENT AXD EASIER MOSEY FACTORS. Advances of One to Over Eighteen Points Are Recorded Liberty Bonds Are Steady. NEW YORK, Oct. 22. Stocks 1 contin utd to surge forward In today's extremely active market, turther easing of money and the more encouraging surveys of the steel and iron Industry contributing per ceptibly to the improvement. Call loans fell to 5V4 per cent, the low est quotation in several weeks: time funds relry.ed slightly and maintenance of the prevailing rate tof re-discount by the fed eral reserve banK was accepetd as fa vorable ausrury. Trade authorities asserted that pig iron aiid finished steel production in the past week increased to a 6U per cent basis da nite the deadlock in the steel strike. According to tha Iron Age, prices of some fabricated products have been advanced. with prospects of premium offers for Mrasdv delivery. . Steels, and the many equipment Issues wliich moved In sympathy with thit group, displayed marked strength. Republic Iron leaUius on its rUa of 134 points to 120 42 North Butte . 14i01d Dom . 74 Osceola .405 (Quincy ....... . .. 15 ISuperlor . &2ISup & Boston.. . 17 Shannon ...... . 4Vi'tah Con .... . SSMcVlnona SIWolverlne .... . 66 I 18 41 68 67 ' . 6 3Vj 2 Vi 1 24 Vlloues Ariz Com . . ... Calu Q Ariz... :alu Hecla.. Centennial . . . Copper Hange. Eaul Butte . . . Franklin sle Royalle . I,ake Copper. . Mohawk Money. Exchange. Ktc. NEW YORK. Oct.' 22. Mercantile paper unchanged. Sterling unchanged. r rancs, demand '.70; cables 8.6S; guilders unchanged; lire. demand 10.20; cables 10.18; marks, de mands 3.60; cables J.60. Time loans strong, unchanged. Call money firm; high 6 per cent; low 5H per cent; ruling rate 6 per cent; clos ing bid 5Ms Per cent: oiirea at per cent; last loan 5 H per cent. Bar silver SI, IBs. Mexican dollars wac. LONDON. Oct. 22. Bar silver, money and discount unchanged. Naval Stores. SAVANNAH, Ga., Oct. 22. Turpentine quiet. 11.53 1-3; receipts, 114 Barrels; ship ments, 11 Darreis; biock. bik oarreis. Rosin, firm; sales, ao Darren; receipts. 200 barrels; shipments, 309 barrels; stock, 33.7SI barrels. Quote: B. 16.00; D. E. F, S16.BO; t, sii.ikf; n. u.uu; i. is.iu; K, I19.30; M. 120.05; N. tU-BO; WG. S21.55; WW, J2.2j. . Metal Market. -NEW YORK. Oct. 22. Spelter, firm. East St. Louie delivery, spot, 7.s7fto bid. others unchanged. Dec, May Dec-. May Oct. Jan. Nov. Jan. ..$!.: . . 1.: :lVi .TVi .73 CORN. 1.2.-."4 1.22 OATH. .744 i.22-m 1.20 .TH .73 V, ME8S PORK. . .31.85 23 r.l.R.-. 31.50 1. ARD. 2. Y40 2.1.22 .23.75 2.1.O0 f 23.50 SHORT RIBS. Oct. . Jan. Cash $1 24 1.22 1 .Tl t .74 4l.r.o 31.80 2.-...15 23.87 IS. 0 17.30 -- ..17.20 17.30 17.07 prices were as follows: Corn No, 2 mixed. SI. 37 xf 1.37 14 T No. yellow. . $1.37 r 1.38. Oats No. 2 white, 71C73e; No, white. B.S44 Tl c. Rye No. 2. ft. 32 9134. -Barley 1.18i 1.M4. Timothy 8.5o ft 11.25. Clover Nominal. " Pork Nominal. Lard fJR.hr,. Ribs siSo&in. 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. Grain at San Francisco. B'RANCltSCO, Oct. 22. Klour, 8-Ss, SAN tll.lH). Grain Wheat. $2.20; oats, red feed. $2.8irs'll P3: barley feed, $2.1)5 3.05. Hay Wheat or wheat and oats, I15SJ 18; tame oats, $1." IS; barley. !12lt: alfalfa, $1T&22; barley straw, SotobOc bale, Minneapolis Grain Market. MINNEAPOLIS, Oct. 22. Barley, S1.03 1.2S. Flax, $4.3S4.38. SAN FKANCISCO PRODUCE MARKET Prices Current on Vegetables, Fresh Fruits, Etc., at Bay 'City. SAN FRANCISCO. Oct. 22. Butter, solid cube, 64c. Eggs Fresh, extras, 81c; extra pullets. 64c. , Cheese Firsts, 30c; Toung America, un quoted. Poultry Hens, 29 37c, according to quality; young roosters, 3536c; old, 189 20c; fryers, 30 4; 33c; broilers, 343Uc; squabs, 65&65c: pigeons. S2.50f 2.75 dozen. Vegetables Eggplants. 6oc0fl lug box: peppers, bell, $1(1.50 lug box; chile, 75c $1.00 as to quality; summer squash, un quoted; cream squash, $11.50 lug box; tomatoes, 75cfii large lug box; potatoes, rivers, white, $2.50 6 2.60 cental; sweet, 4c pound; onions, yellow and white, $2.75 cental; Australian brown, $3.50; cucumbers, ll.25C?3. as to size and quality; green corn. I1.25&2.50 sack; garlic, 20625c lb.; beans, string, 4gr5c lb.; wax, 7trUc; limaa. 6Q7c; celery, J 2. 50 3.50. Fruit Oranges, $4.606; lemons, $56; grapefruit, $5.5VtT; bananas, 8&c lb.; pineapples, $3.50 (4.50 doz. ; pears, Bart lett. nominal; apples. King. 3 tier, $1.75: Spltzenberg. 4 tier. $2; Bellefleur, (1.259 1.73: quinces. T5cc1.25 lug box; peaches, $141.50 small box; melons, Casabas, 50i& 65c crate; honeyaew, $ltvl.23 crate; water melon, nominal; figs, single layer, white, tltol.10; black, J1&1.10; berries, raspber ries, chest, $12414; strawberries, $14?17: blackberries, .(149 15: huckleberries, 13ij 15c lb.: plums, (1.1151.50 crate, all varie ties: grapes, Malaga,- (1.251.50 crate; scedleaa, $348. SO large lug; Tokay, $1.25 1.50 crate; pomegranates, $2.25gf2.50 box; persimmons, $1.50 & 1.75 box; cranberries, $3.50 box. Receipts: Flour, 6426 quarters; barley, 1021 .. centrals; beans. 460 sacks; potatoes, :tL'S4 sacks; hay, 302 tons; hides, 103; wine 5O00 gallons. Realizing on Coffee Exchange. NEW YORK, Oct. 22. An early advance in the market for coffee futures today carried prices back to about the high point of yesterday morning but met Increased realizing and was followed by reactions. The opening was Irregular at a decline of 3 points to an advance of 2 points, but prices soon firmed up on the higher Bra zilian cables, with December selling at ltt.UOc and May at 16.75c, or 23 to 30 points net higher. The reported settlement of the Santos strike led to realizing on liqui dation by some of yesterday's early buyers, however, and December sold to 16.35c in the later trading, while May reacted to 16.40c. The close waa 4 to 11 points net lower. October, 16.66c; December, 16.54c; January, March, May, July and Septem ber. 16.48c. Hpot coffee was reported In better de- SciiooiBonds To Net 5 to 5J t Government and Municipal Bonds Bought and Sold . nevepQaux R(5mpanv 87 Sixth Street Broadway 1042 Ground Floor Wells-Fargo Building YIELD Maturities ALMOST 6 PER CENT Range From 1938 to 1947 Price IOI and Accrued Interest A Municipal Obligation Certified Tax Exempt .'.:'. Si'i-'ij: W-rtWS ' -'I' K 'V "' ' , f ; '."-V-': .'..,.--V!"' T."t-' "'-":"; . '"-v-V'-a J f'r:'!' -'r' ' v ' "' ' ' "v-';3'J'--', i r ' ' ,-' ' - - 1 lF.CRirTlTE STNOPSIS. In4rable are lacml Ami expected to be li-rl icntcd and -Tl tti -rated during 19ZO (scmil m NOW Irrigated and cultivated acres) Olimatew Average gross alne f rropa for years 117, 118, mod 1919 from only aboat 40 per cent of tbe (total area) Total authorized and outstanding .bonded Indebtedness Estimated market value of land alone 'Dom bm4 include value of Kritrm practically Com pic ted witb. the pro - eredi from the sale of bonds or tbo Increased land values which should follow this development. Average bonded debt per acre LMlmated overage market value of land per aero Estimated avorage cross value of crops for yean 1917. 1918 and 1919. 19.0CV It.OOfl 1.S50.000 2.320.0O0 Concrete Dam 100 Feet High Warm Springs Irriga tion District, Riverside, Or. Average tax levy per acre reqaired to pay one year's Interest on 91, 850.000 bonds ttectmsvtcd tax levy per sen required for operation and maintenance. . . . Estimated population, including that of cities (cities are, by law, ex cluded from the district) 46.60 $7.69 .IS 4,00 -7 J I Dam IV arm Springs Irrigation District, Riverside, Or., Not Completed. History and Development of Warm Springs Irrigation District The Warm Springs Irrigation District, organized in 1916. is located in Malheur County, Central Eastern Oregon, and is comprised of 29.000 irrigable acres. It is about 600 miles east of Portland. Oregon. 100 miles east of Pendleton, Oregon, and 60 miles west of Boise, Idaho. The popula tion of the District is estimated at 4000, which includes that of the cities of Vale and Ontario within and adjacent to the District, though excluded therefrom. Vale is the county seat of Malheur County, and the headquar ters of the District are located there. Vale and Ontario, which were in corporated in 1S89 and 1S99. respectively. EACH have two banks with an aggregate capital of 1235.000 and total resources on January 1, 1919, of $2,930,950. The 1918 assessed valuation of said two cities is Jl.181.7fc2. Ontario is on the main line of the Oregon Short Line Division of the Union Pacific System from Omaha to Portland, and the entire District is traversed by a 150-nille branch line running from Ontario to Crane in Harney County. , , The tl. 350,000 6 bonds have been sold by th above District to enabla It to acquire a reservoir site and to construct a dam to impound about 1 0,000 acre feet of the flood -waters of the Malheur River and also to enlarge and extend the existing canal system. The construction of ths dam six miles from Riverside Station has been completed and it is estimated that the distribution, system will be prac tically complete by December 1, 1919. " The storage of 170,000 acre leet of flood waters of the above river t nder the Irrigation District Uw of Oregon tbe bonded Indebtedness of those districts which have been certified as above Is limited to 60 ef tbe aggregate snarket valne of tbe lands within a district, and of tbe water, water rights, canals, reservoirs, reservoir sites an ethor irrigation works owned or to bo acquired or constructed. The principal and Interest of the bonds are. by law, "paid by tbe revenue derived from the annual assessments noon tbe land In tbe Uistrict, and all the lands In tbe Dis trict shall be and remain liable to the assessed lor such payments as herein provided, and under and subject to the provision ei this Act. The Item of the lax raaKa Altr.Ali of that ol all tiro I mortgage. The law provides that the Board of Directors of tbe District shall certify tbe equalised assess nest roll of the District to tho COV NTT ASSKKSOR. where a poo the County Assessor enters same upon tbe COINTY aMefrruent roll In tbe same manner tbat municipal mok moats are calnea by nun on saja lnfimeDI rou. r-ucn tax is coUected m will complete the supply to 12.000 acres of land that have been in the past partially irrigated and will make available? a full suppv for a total of 40.000 acres, which is in fact 11.000 acres more than the irrigable areas now within IX. e boundaries of the District. Additional irrigable areas are available for the application of this surplus stoi ed water and the formali ties of providing lor the use of said surplus waters are now being arranged. The construction of the dam and works has been done by the Shattvck Kdinger Company of Portland, San Francisco and 1-os Angeles, and. for speeu, the completion of the dam is unparalleled for a similar structure. The practice of Irrigation in this section dates back to the early '80s. Thus, the susceptibility of tbe soil to irrigation, its fertility and the productive value of the land are matters ot 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 soil Is capable is SS bushels of wheat, 56 bushels of barley and 7 tons of alfalfa, ft is believed tbat the average gross value of the crops grown during 1917. 191s and 1919 on land representing only 40 of the entire District will exceed ISOO.voO. Tbe winter feeding 4n the District of large numbers of cattle and sheep contributes materially to the tanning reve nues which the property owners derive. ted lor 1 'liifc. BAlfe 31 A 1.K As MlMClfAl, lAilis, and tbe collection thereof calorced in tae same . aaer as the other taxes ot the county. Legality of the Issuance and Sale of These Bonds Has Been Approved by Messrs. Teal, Minor & 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 il'r'fllWir'i F'r'lliV-iw'l ini-STi mand with Rio Ts quoted at 174o Santos 4s at 24 i j 20c. and Eastern Dairy Produce. CHICAGO. Oct. 22. Butter Lower. Creamery. MSCHjo. ggs Lower. Receipts,- 4S67 cases; firsts. 5T H (ft 58 'e: ordinary firsts, Bltt52c; at mark, cases Included. olfe⪼ storage packed firsts. 59 !, 0 60c. Poultry Alive, unsettled; springs, 23c; fowls, 166 23ttc NEW YORK, unchanged. Eggs Steady, Chee?e Firm, Oct. 22. Butter Steady, unchanged, state whole milk flats. eurrent make specials, 82c; run. l&31Hc dltto average Sugar Rations at Spokane. SPOKANE. Oct. 22. Most of the small er restaurants went on a war-time sugar basis today on account or the sugar short age. In some places the bowl was taken off the tables and In other establishments brown sugar was servsd. At some places coffee was sweetened by the waiters be fore being served. The supply of brown sugar also Is said to be limited. Floor Advances at Spokane. PPOKANE, Oct. 2. An advance In flour ON D S Government Municipal Corporation G. E. Miller & Company Investment Securities Phone Main 4193 205-6 Northwestern Bank Building J. T. Allen St Son, a partnership composed of J. T. Allen and Uon Allen of Guymon, Ok la-, ha been revoked until further no tice, effective at noon October Its 191. This license was revoked because of tn. licensees' failure to furnish necessary re ports to the. jrrain corporation and failure to make application for a w heat-directoi licence a required, aiso failure, to replj to letters and telcprams. The romp&nj held license as whvat-flour miiler. corn, meal miller, distributor of Reneral fooJ commodities and storcr or dealer in feedi Vnited States frrti adm In 1st r?t tion I and feeding stuffs 1 of GO cents a barrel for Washington patents and hard wheats. In sympathy with the advance of prices on the coast, became effective here today, it was announced by the Centennial Millinir company. Patent flour advances from (11.4U to 112 a bar rel and hard wheat flour from $12 to $U.t0 a barrel. Retail prices will advance ac cordingly when old stocks are closed out. dealers declare. Millers Urease Revoked. ROBERTSON & EWING LIBERTY BONDS FEDERAL TAX EXEMPT Kevr York Quotations, f rrr Interest Included. 30 3. 101J4 TrWTl-.0 First 4s .3 BONDS Second 4a Kirat 4. imjii Local Securities Second 4H OSJ 7;h,rd " 207-8 Northwestern Bank Fourth 4Vi 0.S.U1 Victory 4s ioi.4 Building Wc Bit and Sell Any Amo.it. PORTLAND, OR. When, as and if issued. We offer, subject to prior sale,. $58,000.00 CITY OF YAKIMA, WASHINGTON 5 34 fo General Obligation Sewer Bonds DATED November 1, 1919 DUE November 1, 1939 Assessed valuation, 1919 $ 9,469,575 Actual value estimated 19,000,000 Total bonded debt, including this issue 602,000 Population, estimated 25,000. These bonds constitute a general obligation of the City of Yakima, County Seat of Yakima County,, which lies in the center of the rich Yakima River VaHey, noted for its abundant yield of fruits, grain and alfalfa. Price 103.14 to Yield 5. Income Tax Exempt LEGALITY TOBE APPROVED BY WOOD & OAKLEY, Chicago Lumbermens Trust Company BONDS, TRUSTS, ACCEPTANCES Lumbermens BIdg. Fifth and Stark Six Hundred Thousand Dollars . in Capital and Surplus.