TIIE MOTIXIXG OREGOXTAX, TUESDAY ...JANUARY C, 1920. 21 FROSTED APPLES Oil EASTERN MARKET Values Are Lowered by Sale of Frozen Fruit. LOW PRICES ARE REALIZED Heavy Shipments to Date, Together With Large Reserve Stock, Have Effect on Kastern Buyers. X slight Improvement In the demand for apples vu reported by local Jobbers yes terday, but the sales were mostly culls and Jumble pack stock of various varie ties at prices ranging- from f 1.10 to J1.00. On the better urades prices were un ahanred. One ear or Oregom was added t the already large supplies. Shipments of Oregon apples Saturday were 87 cars. For the season to date tha northwest has shipped 24,224 cars. This Is T35 cars more than were shipped la the corresponding period last year. Tha heavy movement, together with the large unshipped stock, la having an effect on astern markets, where sales have been made at no better than the f. o. b. ship ping price. Much frosted stock is also arriving, on the eastern markets and this la not iiclping any. At the New Tork auction yesterday Orejjon and Washington Rpltzenbergs, extra fancy, ear run, brought 2.B0(ff S for the best offerings: fancy sold at i2.S02.7o; badly frosted extra fancy and fancy at 1.2(2: Staymans, slightly frosted, all sizes, extra fancy, at 2.75; Homes, fancy, large, at 3, slightly frosted at 2.252.50; Arkansas Blacks, extra fancy, car run, at $2.85, fancy at $2,50 0 2.80. and Wlnenaps. extra fancy, poor quality and condition, car run, at $2.80. Commenting on the marketing of frosted apples, trade advices from New Tork, re ceived by mail, say: "The most serious phase of the decid uous market Is the frost damage which has shown up in box apple shipments from the northwest. A. .continuance of this is apt to prove a menace to the market for some time to come. Zero temperatures have prevailed in the Pacific northwest and many trams have come through low temperatures while' in transit. Some of this fruit has been sacrificed below the expected prices, due to frost defects. Ap--ples were not properly stored in many places and the extreme weather has ruined or damaged large quantities. Details have not yet been received of the extent of the damage, but considerable apprehen sion prevails, as the temperature at some points was down to 32 degrees below lero. It will take a month or more to get the market rid - of" the Injured fruit. "Transit damage is offset to some ex tent by the added freight rate which is paid to Insure the shipper against losa Two winters ago, when the weather rec ords were broken, the railroads Inaugu, rated an optional rate of about 10 pet sent over the regular tariff where frosl insurance was desired. Last year, during' the mild winter, the railroads were the beneficiaries, but this season It looks as if the shoe might be on the other foot. "Box apples sell up to $3 on fancy va rieties like Spitzenberga, with frosted and Jumble pack down to the dollar figure." FI.O IK PROBICTION HOI.UING UP Decline of Million Barrels in Exports for Season to lafe. The 84th weekly bulletin, covering the wheat and wheat-flour movement through" out the United Stales for the week ending Xecember 20, in comparison with figures tor the same period a year ago, follow: . 1919. 1918. Wheat receipts from farms, bushels ... 9,603,000 7,239,000 "Wheat receipts from f&rros previous wk. bushels Wheat receipts from farms, June 2i to December 2B. bu . ; 645,327,000 637.878,000 Flour produced dur ing week, barrels. 2.997.000 2,206,000 Flour produced dur ing previous week barrels 2.T15.0OO 2.437,000 Flour produced June 27 to Dec. 26. bbls. 73,442.000 62.238.000 Total stocks wheat all elevators and mills, bushels 251,063.000 254.050,000 Total stocks wheat t ski elevators and mills previous wk. bushels 257.817.000 258.274.000 Change for week, de crease, bushels ... 6.74S.000) 2.224.000 Exports of wheat and flour July 1 to Becember 26, amounted fo 77.602.000 bush els of wheat and 8,284,000 barrels of flour, making a total equal to 114.880.000 bush els of wheat, compared with 100,644.000 bushels of wheat and 9.391.000 barrels of flour last year to December 26. the 26 days of December being prorated from the monthly total, making a total equal to 142.900,000 bushels of wheat. Australian wheat shipments to the United Kingdom and continent last week were 1.536.0OO bushels. 10,240,000 10.227,000 HAHI.ET SEI.I.S HALF DOLLAR Mil. HER Oats and Corn Bids Are Also Raised on Loral Board. Two hundred tons of blue barley, Feb ruary delivery, were soM at the Marchants' Kxchange yesterday at 74, an advance of f.O cents over Saturday's bid. Clipped oats were 255.r0 cents higher and bulk corn fi0.g!$1.25 higher than at the close of last week. Weather conditions in the middle west, as wired from Chicago: "Northern and rsntral Illinois, western Missouri, Ohio valley. Omaha district, cloudy and cold. Kastern Kansas, cloudy, sleeting. cold. Minnesota and. Canada, clear and cold Forecast: Mostly rain or snow, warmer." Terminal receipts, in cars were reported by the .Merchants' Kxchange as follows: Wheat Barley l'Mour Oats Hav Portland, Mon :j .... 2:1 4 Tear ago 2S 1 fi 14 Heas'n to date-5159 1:15 2:16(1 3fio s i v, " 1.3 join ,i,,:i 1:116 4 . . . . n 1 26 B.-.7 125 877 . ... 27 4 1 0 Tacoma. Sat.. 19 Tear ago.. ..." "2 Seas'n to datclISK.", Year ago 4ihms "Seattle. Sat... . 1 2 Year ago. :-. - -2.'t- . . p?bh n to aaie.-vHi jin 44T 7) Year ago 41S4 4S HUT . 462 1941 3 Print Butler Steady "at "Decline. The print butter market was steady at the 3-cent decline and the movement was good. - Cubes were" quiet with extras of fered at 64 cents. Eggs were firm and not in large supply. Candled -ranch- wore held at GOrireS' cents and selects at 6706S cents. The buying price remained at 55 cents, delivered. Poultrj; and dressed meat receipts ware moderate and prices unchanged. Jilne Cars Potatoes Shipped. The local potato market was firm. Job bers asking $4 4.50 for the best ' Bur banks and $.1.50g'4 for poorly graded or frosted. -Gems' were held at $4.254.75 Nine cars of Oregon potatoes were shipped Saturday. Receipts yesterday were two ears of Oregons and one of Washington. Visible Wheat Supply Smaller. The American visible wheat supply com pares as follows: ' . Bushels. Decrease Jan. 5, 1920. 74.572.fNl0 .1 000 Jan. 6. 1919 .119.71 1.V0 2.4SK000 Jan. 7. 1918 17,550.000 1.3&4.O00 Increase. The oats visible Is 13.OSn.fino hushels, a decrease of 39S.O0O bushels. The corn vis ible is t.08.0)0 bushels, an increase of S06.00O bushels. The ban ay visible da- creased 222,000 bushels and rye decreased 400.000 bushels. Bank Clearings. Bank clearings of the northwestern cities yesterday were as follows: , . Clearings. Balances. Portland 8.308,41S 2.6.V..l SI Seattle , 7.512.068 2.063.394 Tacoma 884.005 140.603 Spokane 3.387.641 1.044.545 POBTLASD MARKET QUOTATION'S Grain, Flour. Feed, Etc. Merchants Exchange, noon session: -Bid- oats - 1 . ., , Jan. reu. Barle ' " reed 105.50 JUU.00 " - ........... i.'.IiU H.UU ro. 3 blue 73.25 73.50 No. 3 yellow 57.50 57.50 -astern oats and corn, bulk: Oats 36-lb rMnn,H " no mn on 38-lb clipped! '. '. 02 50 6273 Corn fiH 3 yelIOW 68.25 58.00 No: 2. .....72.00 700 WHEAT Government basis, $2.20 pet bushel. , . FLOUR Patents, J12.S5: bakers' hard wheat, 12.85: whole wheat. 111.25: gra ham. 11: vail... 7A per barrel. MILLFEED Prices f. o. b. mill, city cartage 12 extra. Mill run, car lots or mixed cars, 45 ton: rolled barley. 77; rolled oats, $68; ground barley. $77; scratch feed, ISO. CORN Whole, 72; cracked. 74. TI A V t , -vwi. ivnoie, 9tz; cracKeo. jjt. HAY Buying prices, f. o. b. Portland: lfaila. $31.50; cheat, $20; clover. Lta and vetch. f 25; valley timothy, $20 28. A oa U 28. Hairy and Cotmtry Produce. BUTTER Cubes, extra, 64c per pound, prime first. 3c; prints, parchment wrap pers, box lots, 67c; cartons, 6c; half boxes. Vsc more; less than halt boxes, lc more, butterfat, No. 1, 68(&69c per pound. CHEKlSK Tillamook, f. o. b. Tillamook; Triplets. 32c; Youn? Americas," 83c; long horns. 33c Coos and Curry, t. o. b. Myr tle Point: TriDlets. 81c: Yountr Americas. 32 'ic. . KtlGS Jobbine nrices to retailers: Ore- iron ranch, candled. 6ut05c; selects, 67 ttdc; storage. 53ici36c. POULTRY Hens, 28 33c: springs. 28 30c: ducks, 40c; jreese. 20 4i25c: turkeys. live, 35c; dressed, choice, 45c. v c-Ai' fancy, 25c per pound. PORK Fancy, ltt&:;oc per pound. Fruits and Vegetable. KRUITS Orantres, $4,256-6;' lemons, $3 ..,, ua, innfiic per pounu; appies, i.2D 8.25 per box; pears, f 1.50&2..0 per box; cranberries t.rii ff na r h 1 1 ? w i : ka VEGETABLES Cab bare. 5 6c Per louuee, i. d -per crat; oeets, $3.50 per sack; cucumbers, $2 & 2.25 dozen; carrots, $22.50 per sack; celery, $89 per crate; horseradish, 15c per pound; garlic, 40c per pound; turnips, $3.5U per sack; cauliflower, $2.252.50 per crate. POTATOES Oregon, $3.50ra4.50 per sack: sweet. 647c per pound. ONIONS Oregon, Q&Gc per pound; California, 7c per pound. Staple Groceries. I-oc-al Jobbing quotations: SUGAR -Sack basis: Kruit" or berrv $9.77; beet, $11.27: golden C, $9.27; pow dered, in barrels, $10.37; cubes. In barrela, $10.31. NUTS Walnuts. 3239c: Brazil nuts. 30c; filberts, 35c; almonds, 35 38c; pea nuts, 1.1 16c ; chestnuts. 25c. SALT Half ground. 100s. $17 cer ton 60s, $18.50 per ton; dairy, $25&28 per tou itiw wiue J-tose, iftc per pound. BEANS White. Hc: Dink. 8 '4 c ; lima. 17c per pound; bayous. 10c; Mexican red. COr FEE Roasted, in drums, 39uln. ProvlsloDs. Local jobbing quotations: HAMS 10 to 14 pounds. 34e: skinned. 2730r; picnic. 272Hci cottage roll, 30c. lakl-t i lerce basis, 30c; compound G c per pound. DRY SALT Short, clear backs, 2531c plates. 23c. BACON fancy. 4150c; standard. 33 39c. . Hides, Pelts and Furs. HIDES Salted, all weights. 20c; green, 17c ; calf, green or salted, 65tr : kip, 35c; bulla, salted, 17c; green. 14c; horse hides. small, $3 ; medium. $ 1.50; large, $6; .dry niaes. jjuc; ary saitea, 20c; dry call, 70c, dry salted calf, 65c. PELTS Green salted. November, esch. $2&3; green salt shearlings, each, 50c o:ry pelts, run wool, per. pound, 32c; dry short wool, per pound. 25c: dry shearlings. each, 23ilra;50c; salted goats, $1;., accord ing to size; salted goat shearlings, 25c $1; dry gooats, long hair, per pound, 25r FURS Good grades, extra large, lsrgti and medium sizes: Skunk, black, $3. 75 8.50: short, $2.757; narrow, $2i5; broad 75c$2.25. Fox, red, $1045; gray, $2 6; raccoon. $2.5008: mink, dark, $410; ordinatr, $2.508; winter muskrat, $1 (ft 3.50; wolf or coyote, soft, silky, $820; average. $5& 13; white weasel or ermine. 50c9' $2 ; lynx, heavy furred, $15 65; or dinary, $15fti50; lynx cat, heavy, $5g13; ordinary. $39; otter, dark, $1125; or dinary, $'g'2l; marten, pale, brown or dark.' $530; fiwher, pale, brown or dark. $12. 80: bear, black, $1 20; brown, $1 14; wildcat, 25(ft)$2; civet cat, 30cfi7$l: house cat. lOcHOc; ring tails, 25cfit$2; jackrabbfts. 10 20c; moleskins, 5 30c. Hops, Wool, Ktc. HOPS 1919 crop, 85c per pound, 3-year contracts. 40c average. MOHAIR. Long staple, 40 45c; short staple, 25((i'30-. TA LLO V No. 1, 10c; No. 2, 8c per pound. CASCARA BARK New, 11c; old. 12c per pound. WOOL Eastern Oregon, fine. 4050c; medium, 45fff 50c; coarse, 35)370; valley, medium. BO52c; coarse. 35 37c $2.06; $2.08; oils. LINSEED OIL Raw, barrels, ra w, cases, $2. 1 6 ; boiled, barrels, boiled, cases. $2.18. TURPENTINE Tanks. $191; cases. $2.01. COAL OTL iron barrels. I3!16c: tank wagons, 13 ; cases, 24 tT3lc. GASOLINE Iron barrels, 25c; tank wagon, 25c; cases, Jac, SAN I-'BAX C 1 SCO PRODtCE MARKET rricea Current on Vegetable. Freeh J-Vuits, Etc., at Bay City. SAN FRANCISCO. Jan. 5. Butter. 67c. Kggn Fresh extras, 65c;, extra pullets 58c; undersized- pullets, 55c Cheese Firsts, nominal; Young Ameri cas. 31c. Poultry Hens, 32 fa 33c; young roosters, 3t:q'35e; old, 22c; fryers, 34fi36c; ducks, 21r 3c; Belgian hares, alive. 1 6 18c: squabs, 60g-70c; pigeons, $2. 753.25 dozen. v ege tables Kggplant, B 10c; peppers, bll, 12,,4ii15c; chile, 104j;12)C; squash, cream, $1.2."rg'1.50. In rge lug; Hubbard. 2i &'3c lb.; pumpkin, 2W2';c; summer squash. $l.25(ji l.75 lug; tomatoes, southern, $l..0& 2 ; potatoes, rivers, $4.50 ftp 4.75 cental ; sweet, 4,,tifi,5 pound; onions, yellow and w hite, $4.2o &i4..0 ; Austru.liari brown, $4.73 35.25: cucumbers, $l.50&2 lug; garlic, 22 flr 24c; beans, string, 15i&17rsc; limns, 106rl5c; celery, $47; artichokes, No. 1, $1.50 dozen : turnips, $1.25& 1.50: cauli flower, $1.251.50 dozen; lettuce, $22.25 crate: peis, email, 12 15c; tDrouti. 83te; rhubarb, $1.50 1.75 box. Fruit Oranges, navels. 4,; lemons, $45; grapefruit, $2.25f3.75 per box; ba nanas, ew'c per pouria Tor Hawaiian; pineapples, $31? 5 per dozen; pears, cook ing, $11.50 per lug: apples, Rhode Island Greenings, $1.75-2 for 4-tier and $1.50 l.i5 for 4 i-ticr: Newtown Pippins, $1.75 2.25 : Oregon Spitzen bergs, $2.50 3.25; Baldwins. $2(2.25; Oregon Newtown Pip pins $2.503: Lady apples, $2.50r2.75 per box; pomegranates, $1.251.50 per peach box; persimmons, $1.502 per 20-pound box; cranberries, northern, $3.50 4 per box. Receipts Flour, 15,200 quarters; wheat, 5600 centals; barley, 4644 centals; oats, 1340 centals ; beans, 1200 sacks: corn, 1600 centals; potatoes, 9701 sacks; hay, 825 tons; hides, 656; wine, 86,200 gallons brandy. 16,000 gallons. Seattle Feed and . May. SEATTLE, Jan. 5. City delivery: Feed Mill. $49 per ton; scratch feed, $84 per ton; feed wheat, $88 per ton; all grain chop. $76 per ton; oats, $6970 per ton; sprouting oats. $72 per ton; rolled oats, $72 per ton; whole corn, $75 per ton; cracked corn, $77 per ton; rolled barley $81 per ton: lipped barley. $85 per ton. Hay Eastern Washington timothy mixed, $38'r3l per ton; double compressed, $42 per ton; alfalfa. $35 per- ton; straw. $17 318 per ton; Puget sound, $33 per ton. Two Wanted .in California. SAGRAMENTO, Cal.. Jan. 5. Gov ernor William r. Stephens today re quested extradition from Kverett. I Wash., to Chlco, of C. W. Locke and j Wilmot Kicharda, charged with I f orrery. GALL MONEY DECLINES LOWER RATES FACTOR LX STOCK ADVAXCE. Steels, Oils and Motors Object oX Bear Pressure Foreign Bonds Are Active. NEW TORK, Jan. 6. Ths low ratio of reserves reported by the federal reserve bank, another supreme court decision sus taining war-time pronibltion, progress of the railroad bill in the senate and ease of demand loans constituted the main factors of today's Irregular stock market. Of theve conflicting influences the only encouragement was provided by the money market. On the large cash inflow from interior points, call loans opened at 10 per cent, the lowest initial rate in weeks, falling to 6 per cent in the final hour. The industrial situation presented fur ther bright aspects in the additional ad vance of r.fined copper and kindred metals. - Steels, oils and motors were singled out for bear pressure with equipments, to baccos, shippings and several of the high priced specialties which featured last week's rally, notably American Woolen, International Paper. American Interna tional and Baldwin Locomotive. Sales amounted to 1.300.000 shares. Unusual activity In foreign issues, with an advance of a point In United Kingdom of 1HS7. was the chief feature of the dull but diversified bond market, the liberty group displaying moderate irregu larity. Total sales, par value, were 13. T50.000. Old United States bonds were unchanged on call. CLOSING STOCK QUOTATIONS. A TO Am A m Am Am Am Sales. Beet Sub. IKo Can 20.8OO Am Cr & Kdry 1,700 Am H & L pfd 2,000 LOCO . . . .11. ZOO Sm & Rfg 6.1IO0 Sugar Kfg 1.2UO Sum Tob. 1.N0O Am Tel A Tel. 2.500 Am Z L, & Sm 1.400 Anaconda Cop 8,.VK) Atchison 3,400 A U &W I S S. 1.500 Baldwin Loco .57,200 Halto & Ohio.. 1.4O0 Beth Stl U" .33,600 Butte A S Cop 2. lOO Calif Ptrlm ... l.aoo 'an Pic 1.100 Cent Leather .11.700 C'hes & Ohio . . 500 C M fc St P ... S.OOO Chi 4c N W KOO C R J & Pac . . WOO Chlno Copper . 1,'JOO Colo K & I ... J.8O0 Cn Prd ex-div.14.0O0 Crucible Steel . 8.3O0 Cuba Cane'Sug 6.3O0 Iis Sec Corp . 2,000 r-ne . tienl Klectric. . benl Motors , t;t Nor pfd .. Ill Central ... Insplr Copper Int M M pfd , Internatl Nlck.10.6OO Internatl Pap.24,:to0 K C Southern . 400 Ken Copper .. 7,oO lou & Nash . . o00 Ilex Petro ....13,200 Miami Cop ... l.ooo .Mid vale Steel . 8.40O Mo Pacific . . Mont Power . Nev Copper . . N Y Central . N Y N H & H Nor & West . Nor Pacific .. Ptciflc Mail . Pan-Am Petro. 34, 400 Pennsylvania . 5.400 cut ft w vi . Pitts Coal . . . Ray Con Cop Reading Rep 1 4t S . 55.HO0 Shat Ariz Cop. 0O0 Sin Oil A Rfg.47.200 So Pacific ....13.IMI0 So Railway ... 2,000 Stud?bk Corp :68.2oo Texas Co . . . Tob Products Union Pacific United Ret Str.16.8oo 17 S Ind Alco. . 6.2UO U S Steel 76. BOO 17 S Steel pfd . 1.000 Utah Copper . . 2. .".00 "Western Union. 200 West .Electric . 1.70O Ws-Overland ..IO.S00 Natl Lead .... 1..VW) Ohio Cit Gas . 6.S00 Rov Hutch NY 23.5UO MARKETS a. coo oo 6.000 3,000 V,400 4. KOO I.OOO 100 2.600 2,400 2.200 400 1,900 400 400 700 1.BOO 2.600 DOO 1.7O0 1.90O High. .V. 61 1 122 lOS 71 'A 139 09 97 38 6iU 83 176 120 33 H 102 27 H 45 133 104 66. SSSi 87 2SU 41 ' 22l 53 77 13 170 345 81 "ei 111 j. 87 IS S3i 112 218 25 52. 26 64 1 17 70 27 H 99 81 08 306 42 Vi 29 63 22. 77. 177 12'4 48 j, KW-j, 22 74 1153, 226 94 124 94 114 lo 314 79 88 U 55 SIT, 84 50 V . 105 i Low 94 59 141 . 120 102H 69 Ti 138 97 63 84 V 173 1154 99 27 444 132 103 66 37 l 86H 27 V 40 42ii 67 216 52 76'. 13 170 33S S0 "6 110 24i 83 16 32 112 212 25i 61 26 64 Vi 16 70 27 98 80 R7 301 41 2S 63 22 76 118 12 46 102 4 22 112 220 "3 123 934 111", 106i 1134 78, SS 64 31 83 49 106 ii Sale. 9u 60 141 120 103 7014 139 97 97 H 17 64 H 84 . 173 117 32 100 27 45 133 104 66 38 89T4 27 40 425. 88 218 f.2 76 13 170 339 8l4 88 60 110 25 86 16 32 112 214 25 62 26 64 17 70 27 99 80 38 103 4 42 . 2S 03 22 77 120 12 47 H 103 22 ?i 113 3 ',4 123 P4 312 1 07 114 78 88 64 '4 XI 84 49 104 BONDS. U S J.ib 33. . do lnt 4. . . . do 2d 4s ... do 1st 4s. . do 2d 4 Vis do 3d 4U. . do 4th 4 .s. . Victory - 3s.. do 4s .... U S 2s res " do coupon . . " DSia reg do coupon . . Panama 3s reg. do coupon . . .99.961 93.20I .92.301 .93.64 .92.741 .94.78 .92.90 .99.18 .99.14 IOO lOO 105 105 88 88 Anglo-Fr 5s . . . A T A T Atch gen 4s UR 4 O con 4s NYC deb 6s.. iN r 4s N P 3s Pac T & T 5s. .. Pa con 4t S P cv 5s... So Ry 5s ... U P 4s U S Steel 6s. 96 99 81 67 93 70 H 65 88 72 105 86 85 7 Bid. bills, 13.74; commercial, 60-day bills on banks, $3.74: commercial, 60-day bills. $3.73-. ffemand. S3.78; cables, $3.79. Bar silver. $1.31. Mexican dollars. $1.00. LONDON. Jan. 6 Bar silver. 76d per ounce. - Money. S per cent. Discount rates, short bills, BH per cent; three-month bills, 6 per cent. Bulge 'In Coffee Fntnrea. . NEW YORK, Jan. 5. The market for coffee futures showed Increasing activity and strength today, with May deliveries selling up to 16.38 cents, or 64 points above the close of Saturday and at the highest level touched since they sold at $14.50 to ward the end of November. Higher Bra zilian cables, light receipts, talk of an improving domestic trade demand and a more -optimistic view of European trade prospects, based on expectations of early action on the peace treaty, were factors in the advance. The general market opened at an advance of 13 to 25 points and ac tive months sold 46 to 56 points net higher, with the market closing at a net advance of 20 to 56 points. January. 16.81c; March. 16.21c; May. 16.37c; July, 16.55c; September, 16.40c; October, 16.25c; December, 16c. Spot coffee, firmer. Rio 7s. 16lc; Santos 4s 25?25e. Metal Market. NEW YORK. Jan. 6. Copper, steady, Electrolytic, spot and first quarter, 19', 19c. Iron, firm. No. 1 Northern, $4345: No. 2 Northern, $41fci43; No. 2 southern. 3S41. Antimony. 9.8714c. Lead, strong. Spot and March. 8c bid. Zinc, strong. East St. Louis delivery, spot 9.30c bid. 9.50c asked. NEW YORK, Jan. 6. The American Smelting' & Refining company today ad vanced the price of lead from 7.75c to 8c a pound. New York Sugar Market. NEW YORK, Jan. S. Raw sugar, steady. New crop centrifugal, 12.79c; old crop, re fined steady; cut loaf. 10.50c; crushed, 10.25c: mould A, 9.50c; cubes. 9.75c; XXXX powdered. 9.20c; standard pow dered, 9.15c; granulated and diamond A. 9c: confectioners' A. 8.90c; No. 1 oft sugar. 8.85c; new crop, fine granulated, 16.20 16c; other grades not quoted. Hops, Ktc, st New Tork, NEW YORK, Jan. 5. Hops steady: state medium to choice 1919. 75 85c; 1918, 6nr.5c; Pacific coast 1919, 84f90c; 1918, VOW 65c. Dried Fruit at New . York. NEW YORK, Jari. 5. Evaporated apples quiet. Western, 1824c; state. 204p22c: prunes rirm, Callfornias, 14fi 32c: Oregons, 1825c; peaches steady, standard, 2121c; choice, 21ii22c: fancy, 2424c: Kastern Dairy Produce. NEW YORK, Jan. 5. Butter steady. Creamery higher than extras, 7070c; creamery extras, 69 4)69; firsts, 60O 68c per pound. Eggs firm: fresh gathered extras, 8c; extra firsts, 76077c; 1 lists. 74W75o per dozen. Cheese easy: state whole milk Ilats current make specials, 31S32c CHICAGO. Jan. 6. Butter unsettled. Creamery 62 64c per pound. Eggs easier. Receipts 1875 cases; firsts, 66c; ordinary firsts. 6064c; at mark cases included, 64 & 66c per dozen. Poultry, alive higher; springs, -8c; fowls. 24 3 29c. per pound. Cotton Market. . NEW YORK. Jan. 5. Spot cbtton. steady. Middling. 39.25c. n XX 4t xx TV XX FACTS NO. 491. LOWERING LIVING COSTS 4 Hoover, the prreat food expert, says that at least half of the perishable products of farms were lost to the nation in 1918 for lack of transporta tion. Nearly all raw ma terial used must pass over the public high ways. Repetlt Ion of such waste can be avoided by paving them with ... BITULITHIC WARREN BROS. CO. 8 v.;. :-! Mining Stocks at Boston. BOSTON. Jan. 5. Closing quotations- Allouez .' 88 lOld Dom 37 Ariz Com 67 Osceola .... 661;. Calu & Ariz. 67 IQuincv " Bail Calu & Hecla..402 iSuper'ior ... fi? Centennial 15Sup 4 Boston."." 4 Cop Range . 48 Shannon .... ii .East Butte 15Utali Con .. ' J Isle Royaile ... 86 I Winona ... j i Lake Copper ... 4 Wolverine . "" Mohawk 71 Greene Can . 27 North Butte . . 18 I ' Money Market. Ktc. NEW YORK. Jan 6. Mercantile paper ' 6 per cent. I Sterling, demand, $3 79; cables, $3 80 Francs. demand, 10.75; cables 10 74 ' Guilders. demand. 87; cables, 37." j Lire, demand. 13.25: cables la 'a tui demand, 2.00: cables. 2.02. Time loans strong, 60 days, 90 days and six months, 7 per cent bid. Call money strong. High, 10 per cent low, 6 per cent; ruling rate. 10 Dr com- closing bid, 6 per cent: offered at 7 per ! c-eiii. iilsi loan, o per eeni. Sterling becamo heavy later, the follow- I Ing quotation being recorded: Sixty-dav HALL & COMPANY BUT AND SEI-. Railroad Public Utility Industrial Municipal BONDS YIELD 1NQ 5 to 7 Foreign Government Loans Local Securities Preferred Stocks Lewis Bldg Portland, Or. WE OWN AND OFFER, $20,000.00 CITY of SEATTLE, WASHINGTON 5 Municipal Light and Power Plant Gold Bonds Dated October 1, 1919. . Due Serially as below. Principal and semi-annual interest, April 1 and October 1, payable at the Fiscal Agency of the State of Washington in New York City, or through the offices of Carstens & Earles, Inc., in Seattle, San Francisco, Portland, Spokane or Los Angeles. Coupon Bonds, with privilege of registration both as to principal and interest. Denominations $1000. SERIAL MATURITIES $ 6,000 Oct. 1, 1927 $83,000 Oct. 1, 1934 $ 2,000 " 1, 1928 $83,000 44 1. 1935 $ 2,000 " 1, 1931 $83,000 " 1, 1936 $ 2.000 1, 1932 $ 2,000 " 1, 1937 $83,000 1, 1933 $ 3.000 " 1, 1938 $ 3,000 1. 1939 Price, Par and Accrued Interest "The House Built Square" (ARSTENS & pARLES, fNC. Government, Municipal and Corporation Bonds 307 U. S. Bank Bldg. Phone: Bdwy. 4108 SAFETY first ARE YOU MAKING MONEY? CORPORATION FINANCING O. W.-T. MUELLHAUPT & CO. "TIIK IXCOMK PBODl'CKRS" WILf SHOW YOU HOW. Suite 4O7-409 TJ. s. Nat i Bank Bldg. Tel. Broadway SSS8. GRAIN JIT TOP PRICES URGEXT DEMAND FROM EC ROPE FOR WHEAT AND RYE. Chicago Corn Market Develops Un usual ' Strength With Gains Ranging Up to Over 3 Cents. CHICAGO, Jan. 5. Buoyancy developed in the corn market today, largely aa a result of . unusual streuetb in prices for rye. wheat, oats and hogs. The .close was strong, 24 to 314 cents net higher, with May l.a-ll,io i.ot.. and July l.3s Oats finished to l cent up; pro vlsione gained 10 to 85 cents. Upturns in the value of corn attained their greatest momentum after- re and wheat, wanted la Kurope, had sold At a new top record - for the season and oats were . within -a fraction . of the best fig ures on the preaent crop.- This combina tion provd to be more than the bears in com could successfully oppose. Export sales of aOO.Ouu bushels at sea board stimulated the oats market and so., too, 'did export salea of I.UOO.OOO bushels of rye. Provisions reflected the strength of hogs and grain. Leading futures ranged as follows: CORN. Open. Hlph. Ixw. ' Close. Jan...... fl.M'i $1.374 1.34i 1.K7N May 1.32H l.S44 1.31 1.34V4 July..... 1.31 l.a.i 1.30 1.3:: OATS. May S .84 .S2 .MVi JUiy iO'ii .71 -l .77', Jan... May.. Jan.. . May. . Jan... May. MESS PORK. 27.50 ' 38.25 37.50 LARD. 23.65 23.B5 23. B5 24.75 25 10 24.70 SHORT KIBS. 37. 50 38.25 23. R0 24.85 lfl.50 20.40 10.20 20.42 20.15 Cash prices were: Corn No. 2 mixed, not quoted; No. 3 mixed. SI. 47; No. 2 yellow. $1..rQ. Oats No. 2 white. 86S7c; No. 3 white. 85 6 87c. Rye No. 2, Jl.8rjgil.83 . Barley. 1.41 Sy 1-57. Timothy seed. Sel3.. Clover seed, $4002. Pork, nominal. ' Lard. $23. SO. Klbs. 18.7519.r0. Minneapolis (train Market. M1X.NEAPOI.IS, Jan. 5. iiarley. $1.25 1.28. Flax. $4. 77 & 4. 82. Grain at Saa FTmoeiscn. SAN FTIANCISCO. Jan. 5. Flour. 8-B. Exempt from all Dominion Government Taxation City $25,000.00 of Calgary, Alberta 5 GOLD BONDS Due: January L 1933 DEN031INATI0N: ?1000 Principal and semi-annual interest payable in Gold Coin of the United States in New York or at the quarters of Morris Bros., Inc. These bonds are general obligations of the City of Calgary, Alberta, all of its taxable property, wealth and resources being pledged to pay interest and principal as they come due. Calgary is a very prosperous and thriving city, being in the heart of a country which gives every assurance of continued development and prosperity. Price: 83.11 and Interest to Yield 7 BURGLAR AND FIRE-PROOF SAFE DEPOSIT BOXES FOR RENT MORRIS BROTHERS, Inc. THE PREMIER MUNICIPAL BOND HOUSE Capital One Million Dollars MORRIS BUILDING, 309-11 STARK STREET BETWEEN FIFTH AND SIXTH STS. Telephone: Broadway 2131 - Established Over a Quarter Century $12.10. -Wheat. $? 2n: nuts, reil reed. $3 : 6 3.30: barley, feed. S7S07S ton: corn. Call- T lornia yellow, oa.-myo.rtv cemai. . nnluth Unseed Market. DULUT1I. Jan. S. Unseed, $4.724.7 Naval Stores. SAVANNAH, Oa., Jan. 5. Turpentine firm, 91. 62 4; sales nil; receipts. 121' bar rels: ehlpments, 176 barrels; stock, 14.12U barrets. Rosin firm: sales. 870 barrels; receipts. 819 barrels; shipments. . 2651 .barrels; stock, 49.9H3 barrels. Quote: B. 130; i. e, r. i.60: a, $l6.es: H, $i 70: 1. lf).90; K. 1R.3R: M, $19.00; N. $20.00; Wil. 2n2X: WW, $21. as. Out of a new issue of $7,500,000 we own and offer: $50,000 . Canadian Northern Railway 6 Equipment Notes Dated December 1, 1919 Portion due every six months from June 1, 1920, to December 1, 1929 This railway is owned by the Dominion of Canada, making this issue an indirect obligation of the Canadian govern ment. -These notes were issued under the Philadelphia plan against equipment costing over $10,000,000. More than 25 of the cost has already been paid in cash and over 50 will be paid within 3.5 years. PRICES: To Yield 6.25 and 6.50 Payable in gold coin in the United States. jumbermersrniust- o. Bords-Truss-Acceptances V-piTl M Surplus 9000.000. tSar fr.rCISCO lumbermen Blda. Porlard. Oreqorv. Scafrl JOHN A. KEATING, C. F. W RIGHT, CARL S. KELTY, Tresident. Vice-President. Vice-President BOARD OF DIRECTORS A. H. AVERILL F. J. COBBS F. I. FULLER P. S. BRUMBY E. S. COLLINS JOHN A. KEATING CHARLES H. CAREY JAMES DANAHER, JR. LESLIE M. SCOTT CHARLES F. SWIGERT CHARLES F. WRIGHT Under Supervision Banking Department State of Oregon . 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, buv from us. On January 5. 191'0. the closing New York market prices were aa rlrsa below. They are the Koverning prices for liberty and victory bonds all over the world, and the hlghe-t. We advertise these prices daily In order that you may always know the New Tork market and the exact value of your liberty and victory bonds: 1st 1st 2d 1st d M ' , ' 4s 4a 4s 4's 4s. 41s. Market H9.t(s 03.:: I!'2..) !3.Xi J02.7II 194 70 Interest... .20 .23 .07 .25 .0 1.31 4th 4ts. V Ictory . 8S. 4t- t feu.na . .22 . .23. Total, floo.18 9S.5.t 2 77 !S5 flo..t3 9B.ni $fl3.7 99 HO $99 R When buying we deduct 30c on a 50 bond and 2.50 on a $1000 bond. 'Wa" sell at tht New York market, plus the accrued Interest. Bunclar and Fire-proof Safe Ilepooit Koiea for Kent Open until 8 P. M. on Saturdays. I . MORRIS BROTHERS, Inc. The Premier Munlelpml Bond Hoaae Capital One Millioo ltollara. . - . . . MorriK Kulldina. -l I tark (Street. Bet. Fifth and Sixth. TLLEPHONK: IIKOADIVAV 8131. KstabUshed Over a Quarter Century. WANTED Grocery Department Manager Hochheimer & Co., Bakersfield, Cal., want an A-l Grocery Manager, one who understands the handling of a Grocery Department in all its details. A man of experience and who understands the handling of help; somebody now employed as Manager or Assistant Manager. Attractive salary. Permanent position. Appli cations should be addressed to Hochheimer & Co., Bakersfield, Cal. An Endorser For Every 1920 Debtor That is what the American's Unlimited Policy of Credit Insurance becomes when applied to your business. Think, of the worry saved, the credit losses prevented, the profits protected. Such a broad service will start your New Year right. You can buy the American's Credit In surance Policy on an absolutely economic basis. If you are a manufacturer or whole saler, we will guarantee to prevent, else pay, your bad debt losses beyond the normal loss inherent in your business, whatever the ag gregate amount of such covered losses. An inquiry will bring you interesting and valuable statistics without any obligation upon your part. Let us hear from you. AMERICAN CREDIT-INDEMNITY, CO. e NEW YORK E.M. TREAT, peesioemt H. T. MacRILL, General Agent, Board of Trade Bldg; Phone Main 1179 Portland, Oregon 1 Announcement We have taken over the leased wire service of E. F. Hutton &. Company, members of New York Stock Exchange, Chicago' Board of Trade, New York Cotton Exchange and several other Exchanges, and are prepared to furnish unexcelled quotation and information service from all markets. The Portland Office will be under the management of Mr. R. P. Eff inger, who has long been identified with the business interests of Portland. - - - Our firm has been established 23 years, with offices in Seattle and Tacoma, where we also specialize in the local bank, steam ship and industrial securities. You are cordially invited to call or phone us for information of quotations on any security in which you are interested. Herrin & Rhodes, Inc. Established 1896 STOCKS AND BONDS 201 Railway Exchange Telephone: Main 283 Ask for January Investment Offerings A wide range of securities. A wide range of maturities. A wide range of yields. A carefully selected and broadly diversified offering of securities giving much valuable information as to the various issues listed. Circular will be ent upon request for OR-01T. The National City Company Correspondent Offices In More Than BO Cities. Portland Yeon Building Telephone Mala 6095. Bonds Short Term Notes Preferred Stocks it 87 Sixth Street MUNICIPAL BONDS From the States of OREGON WASHINGTON IDAHO To Net 4.90 to 6.50 Exempt From Present Income Tax E L Devereaux &(5mpany MUNICD?AL BONDS Broadway 1042 Ground Floor Wells-Fargo Building GOVERNMENT, MUNICIPAL AND CORPORATION BONDS TO NET FROM 5' TO 7 J... PREFERRED STOCKS LOCAL SECURITIES r ROBERTSON & EWING 207-8 NORTHWESTERN BANK, BLDG.