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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Jan. 7, 1920)
THE MORNING OREGONIAX, WEDNESDAY, JANUARY 7, 1920. GRAIN PRICES ARE STEADILY CLIMBI! Increased Home Consumption and Demand From Europe. WHEAT, OATS, RYE STRONG Bluestem Sold by Local Dealers at Premium of $1.05 Over Gov ernment Basic Price. The upward trend of grain prices con tinues as supplies of wheat, oats and rye ar absorbed by the larger domestic con sumption and the growing requirements of Burope. Sales of bluestem wheat were reported yesterday by local dealers at a premium of $1.05 over the basic price. This is the highest price at which wheat Is ever known to have been sold here. A premium of 3 cents on club was quoted by sellers. At Minneapolis, millers' buying advanced the price of spring wheat to $3 73 (& 3.85 a bushel, according to a wire from that city. There were no sales of coarse grain n the local board, but corn and oats were firm with bids 25(30 cents higher than Monday. Offers for barley were 25f50 cents lower. larger foreign grain crops next season are In sight, according to Broomhall's cabled summary, which follows: Western and Central Europe With favorable weather over this section and attltional sowing of grain, economy is being effected In cattle feeding. Italy Weather has favored the prepa ration of the new crops and seedings con tinue favorably. Recently, wheat sow ing has been backward, but the turn of the good weather hastened to stimulate fur ther progress In planting. The whcaf crop Just harvested turned out much larger than anticipated, in fact the in crease Is generally believed to be about 8,00.000 bushels more than anticipated. India Despite dryness in the northwest provinces, the general argicultural out . look In this country remains favorable for the new wheat and oil seed crops. Pre dictions are being freely made that this year's crop of wheat will equal the pre war average, approximately 360,000,900 bushels. Terminal receipts, in cars, were re- i ported by the Merchants' Exchange as i follows: I Portland Wheat.Barley.Klour.Oats. Hay. Tuesday , 1M - 11 .... Year ago . . 17 .... 1 .... -II Sea 11 to date 51 S3 137 377 3C0 lH.- Year ago ..0781 7U8 1511 059 2131 Ta-onia . Monday 31 ... 1 2 Year axo 4'. ......... 1 13 Bea n to date 3f0l 02 .... ll'S 5r7 Year ago ..4055 20 .... 1-0 bOO Seattle Monday 18 1 14 Year ago . . -1) .... 2 4 17 Bea n to date 3rt0 178 432 443 800 Year ago ..4213 tH SbU 400 1058 LOW OKADE APPLKS ARE MOVING Demand In K&stern Markets Is Slow and Prices Steady. The local apple market was steady with a fair movement in the lower grades. Oregon apple shipments Monday were 42 cars. In the eastern apple markets the de mand and movement were slow with prices generally steady. At New York. Oregos Spitzenbergs sold yesterday as follows: , Extra fancy, medium and large. $3 'a 3.25; ! small sizes, $2.75; poorer, slightly to con- slderably frosted, extra fancy and fancy. ; car run. wide range in prices from $1.25 to $2.25. Conditions at shipping points were tele graphed as follows: Spokane, Wash. Many shipments rolled unsold. Very few sales reported. Car loads f. o. b. usual terms. Wenatchee Rome Beauties, extra fancy, medium and large, $2: fancy $17. other Districts Rome Beauties, extra fancy, medium and large. $2.25. Yakima N'o sales reported. Rochester. N. Y. T-lght wire inquiry. remand slow, movement draggy. Market dull. Some ordinary quality. Carloads f. o. b. usual terms. Sales from cold storage. Few sales. Barrels: Baldwins. A 2V4-inch, $7.50; some mixed A and B 2 y -inch; best, $6,501? 6.75; ungraded, no sales. Some consigned. FIRST CHINESE BUGS ARE RECEIVED Buying Price of Oregons Two Cents Higher Carload Shipped East. The egg market was firm and will be higher. A buying price of 60 cents de livered, good until January 10, was sent out to shippers. Candled ranch sold dur ing the day at 623'H5c. Storage eggs were offered at 49 51c case count. A small shipment of 100 cases of Chinese eggs was received, the first to come In thts season. They were quoted at 48 cents candled. A straight car of Ore gon eggs was shipped east last night. The eastern market Is high as result of bad weather conditions. Butter was weak with cubes offered a 64 cents and slow sale. Some shading of the established print quotations was re ported. Poultry was scarce, especially hens and springs, whirih sold well. Dressed meats were firm and veal was a cent higher. Bl'RBANK POTATOES ARE STEADY Dealers Asking ' Slightly More for Beet Netted liems. There was no change In- the potato market yesterday. Three cars of Ore gons were shipped and one car reached the local market. Jobbers held the best Oregons at $44.50 and poorly graded or frosted stock at $3.50&4. Washington Netted Gems moved at $4. 5054. 75, with a f e w sa 1 es at (5. Idaho Falls. Idaho, wired: "Hauling heavy, demand good. Late market weak, some "buyers holding off. Wagon loads, cash to growers: Rurals, $3.753.S5. mostly, $3.85; Russets, $44? 4. 10, ' mostly. $4.10. Carloads f. o. b. cash track: Rurals. $3.85; Russetts, $4.10." Rnglltth Buyers Interested in Hops. luterest in hops futures is still shown by foreign buyers, who are offering the old prices, but there are not many sellers. Spots are in too small supply to attract attention. Exports of hops from the L nlted States during October, 1019 were 2,125,275 pounds, of which 1,972.479 pounds were shipped to Kngland. Ex ports during September last were 3.155.921 pounds, of w hich 2,652,301 pounds were to Kngland. Tomatoes From Mexico. A car of Mexican tomatoes came in yes terday and they sold at S4.50&5 repacked. A car of Los Angeles lettuce and a cat 4 mixed vegetables also arrived. Im aerial Valley lettuce Is coming along Id a limited way. Bank (Irtrlnf. Bank clearings of the northwestern cities yesterday were as roiiows: Clearinjrs. Babnr Portland $5,7 1 5. 1 20 $ 7S3.V;Q pAattls 7.1 47.487 1,305.073 Tacoma tUKVlOT 3 27..V.S Spokane - 2.O28.OS0 446.249 PORTLAND MARKET QUOTATIONS Grain, Flour, Feed, Etc. Merchants' Exchange, noon session: Bid. Oat Jan. Feb. Ko. 3 white feed $65.M $66.00 Ftr!y lsouaj:L lead Amuuiu.ui 12,00 tZ.Q No. 3 blue 78.00 73. 0O Corn No. 3 yellow 57.50 58.25 Eastern oats and corn, bulk: Oata 36-Ib. clipped 62.00 62.23 88-lb. clipped 62.00 dtf.OO Corn No. 3 yellow 58.50 58.50 Barley No. 2 72.00 72.50 FLOUR Patents, $12.35; bakers' hard wheat, $12.95; whole wheat, $11.25; gra ham, $11; valley. $11; straights, $10.70 per barrel. HAY Buying prices, f. o. b. Portland: Alfalfa, $31.50; cheat, $22; clover. $26: oats and vetch, $26; valley timothy, $20 28.- MILLFEED Prices f. o. b. mill, citj cartage $2 extra. Mill run, car lots or mixed cars, $45 ton; rolled barley, $77; rolled oats, $f?S; ground barley, $77- scratch feed. $80. Dairy and Country Produce. BUTTER Cubes, extra, 64c per pound, prime first, 63c; prints, parchment wrap pers, box lots, 67c: cartons, 68c: half boxes, pc more; less than half boxes, lc more, butterfat. No. 1, 48&60c per pound. CHEESE Tillamook. X. o. b. Tillamook; Triplets, 32c; Young Americas, 33c: long horns, 33c Coos and Curry, f. o. b. Myr t!e Point: Triplets, 31c; Young Americas. 82V4c. EOJS Jobbing prices to retailers: Ore gon ranch, candled. 62 65c; selects, 67 & 68c; storage, 5356c. POL'LTUY Hens, 30 33c; springs, 30c; ducks, 40c; geese, 20te:;5c; turkeys, live, 30c; drepsed, choice, 45c. VE.VL Fancy, 26c per pound. PORK. Fancy, 20c per pound. Krulttt and Vegetables. FRUIT;? Oranges. $4.256; lemon. $3 6 per box; grapefruit, $3.50&6.50 box bananas, 10ft 11c per pound; apples, $1.25$ 3.25 per box; pears, $ l.50& 2.50 per box; cranberries, $56 per box. $17 17.50 per barrel. VEGETABLES Cabbage, 5J 6c pet pound; lettuce. $3.504.50 per crate, beets, $3.50 per sack ; cucumbers, 2.25 dozen; carrots. $22.50 per sack; celery. $8&9 ..per crate; horseradish, 15c pet pound; garlic, 40c per pound; turnips, $3.50 per sack; cauliflower, $-.25 2.5 per crate; tomatoes. $4.00&5 per box. POTATOES Oregon, $3.50Q4.50 pet sack: sweet. 6!fe7c p-r pound. ONIONS Oregon, 6f tf'c per pound; California, 7c per pound. Staple Ciroceries. Local Jobbing quotations: SUGAR Sack busis: Fruit or berr $9.77; beet, $11.27; golden C, $9.27; pow dered, in barrels, $10.37; cubes. In barrela $10.31. NUTS Walnuts, 32&39c; Brazil nute, 30c; f iibertw. 35c ; almonds. 35-38c ; pea nuts: 1 5 ifr 1 i c-; t-h est n u ts, 2 5c. SALT Half ground. 100s. $17 per ton 00s. $1S.50 per ton: dairy, $25(&28 per ton RICE Blue Rose, 15c per pound. . BEANS White. S'jc-; olnk. H '. t ; lima 17c per pound; bayous, 10c; Mexican red. COFFEE Re-axled, In drums, 39-Olc Provisions. Local Jobbing quotations: HA MS 10 to 14 pounds, 34c ; skinned 27 CP 30c; picnic, 27 028c; cottage roll, 30c. LARD Tierce basis, 30c; compound 26 S c per pound. DRY SALT Short, clear backs. 2531c plates, 23c. BACON Fancy, 41 50c; standard. 33 Hides, Pelts and Furs. HIDES Salted, all weights. 20.:; green. 17c; calf, green or salted. 65c; kip, 35c; bulls, sa Ited. 1 7c ; green. 14c ; horse hides, small. $3; medium. $4.50; large, $0; dry hides, 30c; dry salted. 20c; dry calf, Oc, dry salted calf, 65c PELTS Green salted.- November, each. $2&3: green salt shearlings, each, r0c&$i' dry pelts, full wool, per pound, 32c; dry short wool, per pound, 25e; dry shearlings, each, 23 4 50c; salted goats, $1e3. accord ing to size; salted goat shearlings, 25c $1 ; dry pooatr, lone hair, per pound, 25 FURS Good grades, extra large, large nd medium sizen : Skunk, black. $3. 75 & 8.50: short. $2.757; narrow. $25: brosd 75c (& $2.25. Fox. red, $ 1 0 45 ; gray. $2 & 6; raccoon. $2.iO8; mink, dark, $410. ordinary. $2. 50(H) S; winter musk rat. $1 & 3.50; wolf or coyote, soft, silky, $S2u: average. $5 13; white weasel nr ermine r0c $2; lynx, heavy furred, $15fd 05 ; or dinary, $15 50; lynx cat, heavy, $513 ordinary. $36; otter, dark. $1125; or dinary. $Hfi 21 : marten, pale, brown or drk. $530; fisher, pale, brown or dark $12 4? SO: bear, black. $1 20; brown. $1 14 : wildcat, -': rivet cat. l Or fir si house cat. 10"fi noC; ring tails, 2-V- :; jackrabblts. 102Oc: moleskins, 5 if 80c. Hops, Wool, Etc. HOPS 1019 crop. H5c per pound. 3-year contracts. 40c average. MOHAIR Long staple, 40 45c; short staple. 25' 30c. TALLOW No. 1, 10c; No. 2. 8c per poutid. CASCARA BARK New, 11c; old,- 12c per pound. WOOL Eastern Oregon, fine, 40 ? 50c. medium, 45 0 50c; coarse, 35 (f 37c; valley, medium. 50 52c; coarse. 35 37c. Oils. LINSEED OIL Raw, barrels, $2.06; raw, cases, -.io; boiled, barrel. $2.08; boiled, cases. $2.18. TURPENTINE Tanks. $1.91; cases, COAL OIL iron barrels. I. lftc; tann wa gons, 1 3 H; c ; cases. 24 (f 31 c. GASOLINE Iron barrels, 2ic; uni( wagon. 25c; cases. H.c. CORN MOVEMENT SMALL I'M'SUALLY LIGHT R1XEIPTS SEND PRICKS II1G1IKR. Stormy Weatlier In Middle West Makes Transportation Outlook Gloomy Oats Gain at Close. CHICAGO. Jan. 6. Pronounced strength developed in the corn market today owing largely to storniy weather and to surpris ing smallness of receipt,. The close was firm. lVc to net higher with May 1.SCi to l.a and July 1.34 to $1.;S4T. Oats Rained He to ic. In pro visions there was a setback ranging from 5c to 57ic. Corn prices jumped rapidly as soon as it was known that arrivals hure amounted to only 60 cars, whereas at this season 600 would not have ben abnormal in other your. Rain and snow made the outlook still more unpromising for a big movement and gave a decided impetus to buying Advances in the oats market were checked somewhat through profit taking on the part of recent heavy buvers. Immense receipts of hogs weakened pro Visions. . Leading futures ranged as follows CORN. open. High. Low. 'Rn ." I -".! i l.:!7'i 'ay 1.31!, 1.3HI i.-.4t,; Ju!' la i.:t4-. i.3'Z Close. $l..t!s, 134 OATS. May. July. .84H .77, .nr, .77 5 MESS PORK. Jan.. M ay. S7.00 87.70 3S.O0 3H.0O LARD, 24! 25.25 37.70 Slav. July. 24.62 25. 2.1 24. BO 24.85 24.75 24.95 SHORT RIBS. 20.1S 20.55 May. 20.20 20.50 July. Cash prices were: corn .-so. mixed, not quoted: No t -L - - Hue, ai(a Kic: No a Rye N'o. . $l.S44. Barley. $1.45 1.58. Timothy seed. yi3. Clover seed. $40(.2S. Pork, nominal. Lard. S2.1.70. Ribs, $18.75 ia.50. Oruin at San Francisco. , SAN FRANCISCO, Jan. a. Flour, 8-8s, Grain Wheat. $2.20: oats, red feed, S3 "0 3 30; barley, feed, IS 75 76 ton: corn, Cali fornia yellow. $3.203.30 cental. Hay Wheat or wheat and oats. $3 27 ton: tame oats, $2528: wild oats 2i 24; barley. 21g24; alralfa, 2328; stock hay, J18S21; barley straw, 50 4j 8(ic bale. Minneapolis Grain Market. MIXNBAPOUS. Jan. 6. Barley. 11.25 1.06. Flax, $4.8164.86. . Duluth J.inserd Market. DULUTH, Jan. 6. Linseed. $4.7894.86. ' I)ri Fruit at New York. NEW YORK, Jan. 6. Evaporated apples dull. Prunes, firm. Peaches, quiet. Cotton Market. NEW TOR K, Jan. 8. Spot cotton, quiet STOCK SELLING IS HEAVY WAK.MXG IS ISSUED AGAINST SPECULATIVE LOANS. Rails Only Important, Stiares to Hold Tbelr Ground Sharp Drop In Specialties. NEW YORK, Jan. 6. Th significant feature of today's stock market was the reaction which aet In on publication of the address of Governor Harding of ths federal reserve board, at Washington, to leading banker of the country, advising reduction of "unessential loans." Liquidation was not disorderly in any Instance, but the rapidity with which lead ing shares fell 2 to 5 points and specialties 3 to nearly 10, lndlcred that the market remains extremely sensitive to monetary conditions. There was again a dearth of time money, but call money or demand loans, which opened In free supply at 8 per cent, the lowest Initial quotation since the Novem ber setback, fell to 6 per cent later, de spite the warnings of the news from Wash ington. Kails were the only Important shares to hold their ground, but shippings, steels, nils, motors and their subsidiaries and high-priced specialties, notably American Woolen, yielded easily. Some of these same issues were among the first to rally on the lower call rate of the last hour. Amer ican Woolen being used in another drive against the shorts with several of the oils, sugar and miscellaneous Issues. Including Endicott-Johnson. Sales amounted to 1. 250. OOO shares. Bonds were heavy In the main, although several investment rails and high-grade industrials 'made material advances. Lib erty and international Issues were Irreg ular within contracted limits. Total sales, par value, were $17,750,000. Old United States bonds were unchanged on ealL CLOSING STOCK QUOTATIONS. Last Sales. High. Low. Sale. Am Beet Sug. l.aoo 9.'. 4 5 Am Can lS.miO 5 S7V4 57?l Am Cr & Kriry 1.9O0 142 138 140 Am H L pfd 1.5IIO 1104 11814 118(4 Am Loco 7.7HO 103'4 1(M 101 Am .Sin & Rfg 4,tHK) 70 v. Bit hi 70 Am Sugar Rig 2.4(K 13", 137 1SIH4 Am Sum Tob. 2.4O0 7 "7 Am Tel & Tel. 2.5iO 117 V 7 87 Vs Am . & Sm .1.1HO IS 17 Anaconda Cop 10.IKHI :!T. 02 63'4 Atchison .... l.Si 85 K4H 844 A O & W I S S l.rtK 173 lti7' lfl'J'.i Baldwiii l.oco. 70,4iW 1104 115 115 Bait & Ohio.. 1.UI0 33 32 "4 33 Beth Steel H. 33. OOO loo4 US B S 'opper. 2k loo 27 a 2' 26" Calif Petrol .. l.O0 44 43"., 44'4 Canadian Pac. 7'0 1:13 132i 132 Cent Leather. ",Ri0 1374 11 ? 102-4 Ches Ohio.. 7.700- 5ttV 55 S 5 Chi M & St P 1,5K( ,'!8'i .'!7 37 'hi & N V .. l.loil 87H SW '. Chi R.I- &. Pac J.: 27'4 '-'OS 26 Chino Copper. 2.000 4(i :' :iH Col Fu 4V Iron I.kiio 42 41 U 42 Corn Products 7.SO0 87 Crucible Steel. 15.2H) 218'i 212 214?i Cuba Cane Sug 1I.R0O 54 52 54 i: S Fd Prods. 3.5KO 7ti'i 75 75',i Kri- 4IK) 1SV 13H 13S C.en Klectrlc. 2'M 1 10!' t;en Motors .. IO.imio ;;.( 3.324 335 G N pfd ex dv 1,700 7!H 784 79 Gt No Ore ctfs 1.4IW) 4l', 3'i :.!iTi Illinois Central HHI !0 90 0 Inapir Copper. 6.70 R1 i 5i tW"-2 lut M M pfd.. 6.100 111 10HW 10114 Inter Nickel.. 15.200 2f,-'i 25 25H Inter Paper.. 18.8(H) R(',t 84V4 85 K C Soulhern. 2iK) 16'. 15. 15i Kennecott 'op 7.000 32 32 S'.'H Louis fr Nash 'lOIt lln Petrol ... 23.0 213 2117 20H!.4 Miami Copper I.300 254 25 25 Midvale Steel. 5.2'M) 52 50'4 51 4 Mlysouri Pac. 1,3'PO 25i 25 ',4 25 Montana Pow. 4iX) 65 '4 . 5'4 Nevada Cop .. 5(10 H" I0'4 164 N Y Central. . l.(KM 70H 70 70 N Y N H & H 2.2(H) 27 n 26 V4 2V4 Norf & West. 1.KIO !) US 1)8 '4 Northern Fac. l.Oou 81 So 80 Piic.it ic Mail.. ::oi 37 14 37 14 37 '4 Pan-Am Pet.. 15.0Mt 1()3, 102 10274 Pennsylvania. . 4,7(o 42'i 41 4 424 Pitts W Va. v 100 28 4 28 '4 28 Pittsburg Coal 3(M) B:l B2 "4 62 i P.av Con Cop. l.Ooo 22 224 22--) Reading 1.70 77' 76 sj 76 "4 Rep Ir & Steel 61.5( 11!) 115W 116 Shat Ariz. Cop 4(K) 12H 1 2 Vi 12'4 Sin Oil & Rfg 34. COO 4T 45 464 Southern Pac. 12.000 103H 1-01 v lO'J1!, Southern Ry.. 1.DOO 221!. 22 22W Studebaker Co 54.0IH) 113 103 111 Texas Co .... 5.SIU) 225 21!) 2224 Tobacco Prods ."..!)IMJ . 14 !)1 112 I'nion Pacific. 2.500 123 122 '4. 122 ClltU Ktl Ktrs. :i.'H) !H4 93 9.1 V 3 Ind Alco. 10.900 113 110 1104 U S Steel 8O.!)0 107 1054 103 do pfd 6(tO 114 114 114 t;tah Copper.. 4.100 79 77 77T Western I nlon 400 88 87 87 Westing Elect 2.SO0, 54 53 '4 53 Willys-Overlnd 14.3DO 31 RO 30 National Lead 5oO 84 14 82 82 '4 Ohio Cits Gas. 3.1)00 40"., 48 '4 4!) Royal Dutch.. 1.900 104 102 104 Bid. BONDS. 100.04! Anglo-Fr Ss.. 'J3.20I AT&T cv 6s U2.12;Atchen gen 4s V S Lib 3'4s. . do lKtt 4s. . . . do 2d 4s ... . do 1st 4 s. . do 2d 4 9. . do 3d 4 8. . do 4th 4 Vs. . . . 96 . . 99 . . 80 1)3. 4; u Rio con 92.58 N Y Cen deb 4.72;N Pac 4s 92.78, N Pac 3s 9!) 06. Pac T T Si. 4s 67 V4 6s 92 ..79 .. 55 . .'86 Victory 3s. . . do 4-tS U S 2s reg. . . . do 2s coupon 99.06, Penn con 4 4a MOD I Sou Pac cv 5s loo i Sou Ry 5s. . . . - . 91 4 . .4I5 . . 86 14 . . 84 98 no 4s reg. . . do cv 4s cou . Pana 3s reg.. do 3s cou. . . loss; Union Pac 4s. 105 V S Steel 5s. . .88 i .88 ',3 Bid. Mining Storks at Boston. BOSTON. Jan. 6. (.'losing quotations: Arl Com 14T4:OwceoIa 54 Cal & Ariz 65 Quincy 62 4 Cal A Hecla...4()0 Superior 5 Centennial 1.1'iS & B Min 4" Cop R C Co... 46 Shannon 1 K Butte C Mne 13l.tah Con 8 Frank'lln 3iWinona 1 l..le Royalle ... 35 Vij Wolverine 22 Mohawk 69 Greene Cananea 37 Old Dominion.. 36 I Money, Exchange, Ktc. NEW YORK, Jan. 6. Mercantile pa per, 6. Sterling, demand $3.784: cables. $3.70. Francs, demand, 10.00: cables, 10.88; guil ders, demand, 37,4; cables. 37: lire, de mand, 13.32; cables, 13.30; marks, demand, 2.02: cables, 2.94. Time loans, firm; all dates 7 per cent bid. Call money easy. High, 8 per cent: low, 6 per cent: ruling rate, ,8 per cent: closing bid, 6 per cent: offered at 7 per cent; last loan 6 per cent. Bar silver, $1.31. Mexican dollars, $1 00. LONDON, Jan. 6. Bar silver, 76 d per ounce. Money, per cent. Discount rates, short bills, 5 per cent; three-months bills, fi per cent. SAN IRAXCISCO PRODUCE MARKET Prices Current on Vegetables. Fresh Fruits, F.tc, at Bay City. SAN FRANCISCO, .lan. 8. Butter, 67'4c. Eccs Fresh t-xtras, 6i,4c; extra pullets 67-. undersized pullet. 6c. Cheese Firsts, nominal; Young Ameri cas. 34c. Poultry Hens. 31' 3.1c; younir roosters, 34ihi8rc; otd, '.'ic; fryers. 34(3fic; ducks, SfltVSOc: Belfrtan hares, alive. 16&18c; squabs, 6&7uc; pigeons, 'J.75i&8.25 dozen. Vegetables Eggplant. 810c; peppers, bell. ll J.1e: i-hlle, 10 l'J Vie: squash, cream, $1.2501.50. large lug; Hubbard, 2"j 3c lb.; pumpkin, 2 2 Vic; summer squash, tl.25l.TS lug; tomatoes, southern, $1,509 2; potatoes, rivers, $4.755 cental; sweet, 4',43 pound; onions, yellow and white. $4.254.50; Australian brown, $4.75 3.25; cucumbers, $1.S0&2 lug; garlic, 2224c; beans, string, 1522Vic: lima. 1G1Sc; celery, $47; artichokes. No. 1. $1.50 dozen; turnips. $1. 25 1.50; cauli flower. $1.2.101.50 dozen: lettuce, $212 00 crate; peas, small. 12 H 15c; aprouta. 808c; rhubarb, $1.5001.75 box. Fruit Oranges, navels, $45; lemona $4 5; grapefruit, $2.25 & 3.75 per box; ba nanas, 6V4 07Vic per pound for Hawaiian pineapples. $35 per dozen; pears, cook ing. $1 il.SO per lug; apples, Rhode Island Oreenings, $1.7502 for 4-tier and $1500 1.65 for 4Vi-tter; Newtown Pippins, (1 75 (32.25; Oregon Spltzenbergs, $2.503 25 Baldwins. 1202.25; Oregon Newtown pip pins, $2.5003; Lady apples. $2.6002.75 per box; pomegranates, $1.2501.60 per peach box; persimmons, $1.5002 per 20-pound box; cranberries, northern, $3.50 0 4 pe box. Receipts Flour, 4840 quarters; wheat isno centals; barley, 2385 centals: oats' 377 centals: hay, 50 tons; beans 18"4 sacks; potatoes. 6910 sacks: hides' 530 wlne. 67.345 gallons;, rice, 21.187 bags. Coffee Future Market Rallies NEW YORK, Jan. 6. The market for corfee futures opened at an advance of 6 to 17 points and sold abeut 20 to "5 points net higher during the tarlr trad ing on a renewal of the recent buying movement. which probably found en couragement in reports of a firmer situa tion at Rio and talk of an improving spot demand. May sold up to lft.ooc but met realizing at this vel and broke to lfl.25c during the early afternoon when sentiment waa unsettled by the effect of . tlx federal reserve board autenatut oa XSS30C3"Securf;ea of The Problem of Investment Satisfaction i Maximum safety of principal, interest regularity with satisfactory yield, convenience and exemption from tax ation these all combine to make an ideal investment. By careful analysis we have secured several issues that may solve your investment problem, keeping; in mind the above requirements. As a suggestion we call attention to City of Seattle, Washington Municipal Light and Power Plant System EZOf Serial Gold 3 Oy9 Bonds at I S.F Exempt from all Federal Income taxes. Dated Oct. 1, 1919. Maturing serially from 1925 to 1939 . Denomination $1000 Principal and Ifml-Annosl Interest Payable April 1 and October t The City of Seattle im irrevocably bound- to maintain and operate this municipal llgrht and power system, and not to sell, or in any manner dispose of it until all of these bonds are paid in full, or a sufficient sum of money is set aside for their payment, both. principal and interest. The City of Seattle further irrevocably obligates Itself to establish and maintain such rates as will provide a sufficient amount to pay the Interest and principal of these bonds as the same mature substantially a guaranty by the entire municipality. The leBallty of the issue has been carefully investigated and guaranteed. Financial Statement of Seattle Actual Value of Taxable Property, esti mated $471,485,708 Assessed Valuation for Purpose of Taxa tion, 1919 235,742,851 Total Bonded Debt 38,653,450 Bonds wholly Self-supporting, issued foa Municipal Water, Electric Light and Power, and Street Railway System, in cluding this issue 29,834,772 Net Bonded Debt 9,818,678 Population 1919, Estimated 426,000 BOND DEPARTMENT LADD & TILTON BANK Oldest in the Northwest 1GMBEH FEDERAL SY3THM stocks and cotton. Liquidation was ab sorbed at a net decline or about 5 to 16 points, however, and there were rallies late In the afternoon on the recovery in stocks and favorable reports as to peace treaty prospects. May closed at 16.45c with the general list showing a net ad vance of 5 to 13 points. January, 15.01c: March. 16.31c: May. 18.4.1c; July, 16.61c: September. 16.48c; October, 16.36c; De cember, 16.05c. Spot coffee quiet: Rio' 7s. 16&16Vic; Santos 4s. 25U3253tC. Eastern Dairy Produce. NEW YORK. Jan. 6. Butter unsettled; creamery higher than . extras. 09 4 9 70c, per pound: creamery extras. 68Vi 0 60c per pound; firsts. 60 Ifc 0 07 H c pfir poun(j. Uggs steady; fresh gathered extras. 83c per dozen: extra firsts. 81082c per dozen; firsts, 78 0 80c per dotsen. Cheese easy; unchanged. CHICAGO. Jan. 6. Butter higher. '4 Creamery, 52 0 05c pwr pound. Eggs higher. Recelyts 1418 cases. Firsts, 68c per dozen; ordinary firsts, 50 & 6.1c per dozen; at mark, cases Included. 64 0 67c per dozen; refrigerator firsts, 48 480 per doben: refrigerator extras. 60 $?'50:,c per dozen. Poultry, alive unchanged. Metal Market. NEW YORK, Jan. 6. Copper steady. Electrolytic, spot and first quarter, 1UU0 194c: second quarter, 19 020c. - Iron, steady and unchanged. Antimony. .9.87 Itc. Jead nominal. Spot and March. 8.25c bid; 8.75o asked. . Zinc firm. East St. Louis delivery; spot, 9.40 09.50c. Xew York Sugar Market. NEW YOR"K. Jan. 6. New crop sugar, steady. Centrifugal. $12.7; fine granu lated. $1.1.20 9i 16. INCOME TAX EXEMPT MUNICIPALS MALHEUR COUNTY, OREGON 5 Vi ROAD BONDS Dated Dec. 1, 1919. Denomination $1000. Due serially Dec. 1, 1923 to 1939. Prices to Yield 5 CLEARWATER COUNTY, NORTH FORK HIGHWAY DISTRICT 5 ROAD BONDS Dated Jan. 1, 1919. Denomination- $500. Due July 1, 1933 to 1936. Prices to Yield About 5.20. OCHOCO IRRIGATION DISTRICT 6 BONDS Dated Oct. 1, 1919. Denomination $1000. Due Oct. 1, 1936 to 1940. Price 101 to Yield Nearly G9o. Ralph Schneeloch Company MUNICIPAL. AND CORPORATION FINANCE UtMSERMCNS aUlCDIMO Portlakd-.Ohegon HERRIN & RHODES, Inc. 201-202-203 Railway Exchange Building Correspondents E. F. Hutton & Co., New York Direct wire connections with every exchange in the country We are also served by Clement Curtis & Co., Chicago. We buy or sell any Industrial, Railroad, Steel & Copper Stocks & Bonds; Grain & Cotton. , , PORTLAND We carry a well diversified stock of high-grade securities investments to suit every taste but the speculative. -The House Built Square" tHARSTENS & 7 ARLES, JNC. Government, Municipal and Corporation Bonds 307 U. S. Bank Bldg. Phone: Bdwy. 4108 Proved Wort" Washington and Third RESERVE v vy icj' -w John Y. Richardson & Co. Certified Public Accountants INCOME TAX CONSULTANTS Concord Building, Portland, Or. Telephone Main 8231 MEMBER AMERICAN INSTITUTE OF ACCOUNTANTS la ttt StOrr Of - Parkin h arumulnte) 1 0.OOa in tn yrtnhv ltiVMttuc 2 per month In btrb-irride llnted e4M-kfj and bonds. on m novel plan. 'lettlnB; Ahead la n Interesting aa anythlur you ever read. Thousands hfive rgd It and are now "setting ahead financially on the some plan. Vi tfaMlMt44 -mk R, mm fctt-r mtiU. t wm J rr-t rr savteic mosrthtr hw tm gmt lntrst. a PttCFIT. m vow twn. po'-Tt TSoa'T Wm M RI ICHIEBEIv & CO. INVITHINT'lANKtRy l4,,s South la Salle StXhicgo SEATTLE TACOMA .xempt The following group of Municipal Bonds are free from the pay ment of all Federal Income Taxes and, in this respect, offer the in vestor securities that will net unusually high interest returns. Better bonds than these are not obtainable. They are absolutely safe in every particular, having behind them taxable property and resources many times the bonded indebtedness. 131.857 1.700 2.600 42,000 11.000 13,500 14,000 30,000 21.000 90,000 27,000 MORRIS BROTHERS, Inc. THE PREMIER MUNICIPAL BOND HOUSE CAPITAL ONE MILLION DOLLARS MORRIS BUILDING 309-11 STARK STREET BETWEEN FIFTH AND SIXTH Telephone: Broadway 2151 Established Orer s Quarter Century J LIBERTY and VICTORY BONDS If you mtiftt sell your Libert? or Victory Bonds, ttell to an. If you ran liny more Mberty or Victory bond, buy from urn. On January 6. IDl'O. the, closing New York market prices r as given below. They are th go ernlrtg -price for liberty and victory bonda a il over the world, and Die hlKht We adverrlee theae price dally In order that you may always know the New York market and the exact value of your liberty and victory bonds: at 1 at 2-1 1 st 2( 3d 4th Victory 3i3!i 4 4s 4Va 41. a 4U" 3 S a 4&a Market .. S.l$ H3.30 9C.lO $ft3..0 H.r.4 rM.7 92.7S SMU'H $mMfl Interest. . .21 .14 .58 .C .HI 1.3a .97 .23 .L'9 Total. S10O.X9 $!3.64 $2.6S 3.7 SWt.lR $f6.02 $03.73 t9.H5 When buv.ng we deduct 37c on a 950 bond and $2 50 on m. $1000 bond. Wa aell at the New York market, plus the accrued interest. Hurjclnr una Fireproof Snfe IepoH Botm for Rent. Open I ntli SI M. on Saturdays. MORRIS BROTHERS, Inc. Thr Premier Municipal Bnnd House. . Capital Our Million Hollars. Morris RulldlnK, 3UV-S11 Stark tit.. Between .Mh and 6th. Telephone Bronalwav 2151. Established Over a Quarter Century. $48,667 Prov. of Saskatchewan CANADA Short Term Gold Bonds to yield 7 DATED July 1, 1913 DUE July 1, 1923 Principal and interest coupons (Jan. 1 and July 1), payable in United States Gold Coin in New York with out any deduction for Canadian taxes. These are old seasoned bonds the direct general tax lien of the Province. Denomination $486.67. 4 bonds at 90.83 to yield 7 WTps orders Freeman ab rsAeoisce Arthur Berridge & Company Certified Public Accountants and Auditors Income Tax Specialists and Advisers 619 Worcester Block Mam S621 DO you know that much of your Income Tax trouble comes from poor Accounting Systems and Records? Let us prepare your Tax Reports and revise your Business System. CONSULTATION FREE MUNICIPAL BONDS From the OREGON WASHINGTON IDAHO To Net 4.90 to 6.50 Exempt From Present Income Tax MUNICIPAL BONDS 87 Sixth Street .Ground Floor Wells-Fargo Building GOVERNMENT, MUNICIPAL AND CORPORATION BONDS TO NET FROM 5 TO 7 PREFERRED STOCKS LOCAL SECURITIES ROBERTSON & EWING 207-8 NORTHWESTERN BANK BLDG. The Canadian Bank of Commerce Sending Money Abroad A safe method of sending money abroad is by a Canadian Bank of Commerce Draft. The cost is moderate. . Apply to this branch for particulars. Portland Branch, Fourth and Stark Streets. From Income Taxes . Rate. Maturity. Price. Astoria. City of. Oregon 6 M&N 1920-39 Net Bellingham, City of. L. I. D 7 Dec 1920-26 To Net Bellingham, City of, L. I. D...: 7 Dec. 1920-26 To Net Arco, City of, Idaho, Light 6 J&J 1931-39 To Net Buhl, City of, Idaho, S. D.. No. 4 7 F&A 1924-29 To Net Grace, City of, Idaho, Light 6 J&J 1931-39 To Net Nez Perce Co.. Ida, Clr. H. D S J&J 1929-34 105.53 Paul, City of. Idaho Water 6 J&J 1930-39 To Net Power Co.. Ida, Crystal Highway 6 J&J 1930-38 To Net Rupert. City of, Ida 7 F&A 1921-29 To Net Soda Springs, City of, Ida 7 F&A 1921-29 To Net BURGLAR AND FIRE-PROOF SAFE DEPOSIT BOXES FOR RENT "colisst" Smith & Camp Co. northwestern bank bu1ldinc Main States of Broadway 1042 Yield. 5-5.25 6.00 6.00 5.40 6.00 5.40 5.25 5.50 5.25 6.00 6.00 Wta C Babson's Mercantile Bui- j letin which will be off the press about January 1, will carefully analyze the TiattSoolc 1 It will discuss the extraor dinary conditions of busi ness here and abroad. As we face a period of rad ical reconstruction this bul letin is of special interest to manufacturers and mer chants. Report on Request A few copies of this Special Bul letin are available for distribution to interested executives, gratis. Tear out the Memo right now and hand it to your stenographer whea you dictate the morning's mail. Mmlu as far BaJUtta ' It AX The Babson Statistical Organizatki WeUe.ley HUla, Mass. Lfgmt Organization ofBusinen Advisor at On World TCAR OFF HERE J MEMO for Stenographer I I Write Roger W. Babson. President J of the Babson Statistical Organi- (ration, Wellesley Hills, Mass, as . follows Please send copies of Bui- I I letin 11SAK "Tht Outlook for 1920?" and "Getting the Most from Your Money" gratia. G.E.MILLER iCOMPANY BONDS AND INVESTMENTS SHAFFER OIL & REFINING CO. 6 SINKIXG FUND 10-YEAR GOLD BONDS AT 95 THESE BONDS Yield 63,4 GUARANTEED BY STANDARD GAS & ELECTRIC CO. Further Information on Request G.E.MILLBR &. COMPANY SOVERNMENT MUNICIPAL COUPOPATION BONDS TELEPHONE. MAIN 1C)& 2.C4k5 6 NorthwGstrn.I3r.nK Buildir& f O RTLAND , Of?lrj; c r4 L 11 .MsTlj PAYMENTS monthly buys eat right ory stock or bond. flnrAaser secarrs oil dimvKh Odd loft ojrsptcofty Wrtlt AV frfr-ft list and full particulars - FREE.' CHARLES E.VAN RIPER" SO boaos, .,rX9D. B G5S 1 1 Phone Your Want Ads to THE OREGONIAN Alain 7070 A 6055 i