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
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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.