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.