Of
THE 3IORXING OREGON I AX, FRIDAY,' JANUARY 1G, 1920
V
V
BUYERS OF APPLES
STILL HOLD BUCK
Large Supplies Are Weight on
All Markets.
ham, $11; Taller, $11; straishts. 10.7
per barrel.
MILLl'EED Prices f. o. b. mill, city
cartage f-l extra. Mill run. car lota or
mixed cara. S45 ton; rolled barley. $79.
rolled oat. $8; ground barley. $7o;
scratch feed,
COBN Whole, $70; cracked. $72 per
ton.
HAT Buying: prices, f. o. b. Portland:
Alfalfa. $31.50; cheat. 122; clover. $J6;
oata and vetch. $2; valley timothy. Sits
28.
E IS
STOCK RALLIES ARE DUE
OVERSOLD CONDITION.
TO
LOCAL TRADE IS DRAGGING
ColiJ Storage Holdings Show In
crease or 5.1 Per Cent Barreled
and 6 6 Per Cent Boxed Stock.
The local apple market contlnuea -weak
without much change1 In price. The de
mand on the street la small and la con
fined principally to the cheaper grades.
Retailers and consumers are setting a
good part of their supplies direct from
farmers. No marked Improvement in the
market Is expected until the stock of
frosted apples has been worked off. Re
ceipts yesterday were one car each of
Oregon and "Washington apples.
Shipments of Oregon apples in the past
two days were 41 cars, including two
cars of cannery stock.
Kastern sales of Oregon apples were
wired as follows:
At Mew York, 2250 boxes Newtowns. ex
Ira, fancy. $2.2003.05 ; fancy, S2.10fi2.SO;
average. (2.57; 640 boxes Spitzenbergs,
extra fancy, $2.7033; average, $2.88:
Gnltzenbergs, extra fancy, car run, $3.25
J 3.50.
At Philadelphia, Hood River Spitzen
bergs. extra fancy, large, $3.20 3.40;
average, $3.30; medium, $3. 15313.20; small.
$3.05.
The eastern markets generally were
weak to steady, with the demand moder
ate. Very little business was reported a
northwestern shipping points. Rochester,
X. Y., wired: "Light wire inquiry for
A-SH-inch and B-214-lnch showing good
quality and condition; practically no wire
Inquiry and no demand for Block of or
dinary quality and condition. Market
weak."
Cold storage holdings on January 1,
1920. amounted to 2.714.ft5 barrels and
R. 527.1)31 boxer. ' compared with 2.581,919
barrels and 5.136.726 boxes on January 1,
1019, which shows an increase of 5.1 per
cent In barreled stock and C6 per cent
In boxed stock.
ARGENTINE FREIGHT KATES HIGHER
Larg-e Shipments of Corn Tet to Be Made
to England.
Argentine freight rates have advanced
sharply. A charter was reported to New
Tork on the basts of $29 per ton. Some
business was worked on the basis of old
freight at $1.401.42 c. I. f. New York,
although based on present freight rates
and tlie price In Argentina the cost would
have been about SI.STVs. It is under
stood that the United Kingdom has
20.000.000 to 30.000,000 bushels ot corn
bought In Argentina, yet to be shipped.
Broomhall cabled from Liverpool:
"Corn firm with a good demand for
American and Plate for nearby shipment.
There appeara to be lesa pressure of Plate
In distant positions. Good arrivals ex
pected In March, April and May. Ar
- gentine weather fine, outlook for new crop
excellent. Reservea of old large and
farmer's offering more freely. Export de
mand has abated.
Dairy and Country Produce.
BUTTKR Cubes, extras, 59c per pound;
prints, parchment wrappers, box lots, 63c;
cartons, 64c; half boxes. He more; less
than half boxes 1c mnm! hiiir,rrnt. Xo 1
62 63c per pound at stations: 65c de
livered Portland.
CHEESE Tillamook, T. v h. Tillamook:
Triplets, 32c; Young Americas, 33c; long
horns, 33c Coos and Curry, f. o. b. Myr
tle Point: Triplets. :;lc; Young America.
32V4c.
KGGS Jobbing prices to retailers: Ore
gon ranc h, canuleil, 60'ri C2c: selects. 63c.
PUui.TIiY Hens. aOtoS.V?: ,nrlnFt SO
35c; ducks. 40c: eeese. 20Er25c: turkeys.
live, 35c; dressed, choice. 45c.
VEAL Fancy. 20c pur pound. m
PORK. Fancy. 21c per pound-
Fruits and Vegetables.
FRUITS Oranges. $4ijj,6; lemons. $4.50
6 per box; grapefruit, $3.25&ti.7o box:
bananas, luetic per pound: apples. $100
fe-3.25 per box:- pears. $2.50393 per box;
cranberries, $5.50 per box, $15 per barrel.
VEGETABLES Cabbage, 55c per
pound; lettuce, $3.504.25 per crate; beets
$3.50 per sack; cucumbers, $2&2.25
dozen; carrots, $2 2.30 per sack; celery,
$S4$9 per crate; horseradish, 15c per
pound; garlic, 40c per pound: turnips
$3.50 per eaci.; cauliflower, $2.253.25 per
crate; tomatoes, $4.50&5 per box; hubbard
squash. 4 tec pound; sprouts. 17 He pound.
POTATOES Oregon, $3.75(jj5 per sack;
Yakima, $4.50&'5.25; sw eets, 7 He per
pound.
ONIONS Oregon, 6U66HC per pound.
Staple Groceries.
Local Jobbing quotations:
SUGAR Sack basis: Cane granulated,
lS.tKlc per pound; beet, 11.27c per pound.
NUTS Walnuts, 32t3c; ttrazil nuts,
30c; filberts. 35c; almonds, 35'33c: pea
nuts, 15&15HC; chestnuts. 25c; pecan
32c; hickory nuts, l-'ifilrtc.
SALT Half ground. 100s. $17 per ton;
60, $18.50 per ton; dairy. 25&28 per ton.
RICE Blue Rose, 16c per pounds
BEANS White. 8!4c; pink, 814c; lima,
17c per pound; bayous, 10c; Alexican red.
6c.
COFFEE: Roasted, In drums, 39051a.
Provisions.
Local jobbing quotations:
HAMS All sizes. 34I&3CC; skinned. 27
35c; picnic 2 1 2Sc; cottage roll, 30c
LARD Tierce basis, 3Uc; compound,
27c per pound.
DRY SALT Short, clear backs, 25031c;
plates, 23c.
BACON Fancy, eld 50c; standard. S3
3ic
Hides, Pelts and Furs.
HIDES Salted, all weights. 20c: green.
ic; calf, green or salted. 60c; kip. 35c:
ulle, salted, 17c: green, 14c; horse hides.
mall, $3; medium. $4.50; lurge, '$6; dry
hides, 3uc; dry salted, 20c; dry calf, 70c.
ry salted calf, ojc.
P r. LIS Green salted, November, each.
3: green salt shearlings, each, 50c4i$l:
ry pelts, full wool, per pound, 32c: dry
hort wool, per pound, 25c; dry shearlings.
each, 2505Gc; salted goats, $13, accord
ng to size; salted goal sneamnga. 2dc&
$1; dry goats, long hair, per pound, 25c.
FURS Good grades, extra large. larg
nd medium si'es: Skunk, black, $3.75i
8.50: short, $2. .5g7; narrow, $25; broad,
75cj$2.25. Fox. red, $ Illy 45: gray, I20
6; raccoon. $2.50&8; mitik. dark, $4plo,
ordinary, $2.50(8; winter muskrat, $1
3.50; wolf or coyote, sort, silky, $8(020;
average, $513; white weasel or ermine,
50c$$2; lynx, heavy furred. $15&65; or
dinary, $15fc50; lynx cat. heavy. $513,
ordinary, $3U; otter, dark. $U25; or-
utuary, $8$v2l; marttn, pate. Drown ot
dark. $5430; fisher, pale, brown or dark.
lJigjlSU: bear, black, $lf20; brown, ltt
14 wildcat. 25c2; civet cat. lOcOSl,
house cat, 10 (a 60c: ring talis. -'-tcfe.:i.
Jackrabbit, 10Q.20c; moleskins. 530c
liaslcr Money Rates Also Aid in
Upturn in Wall Street Bond
Market Is Heavy.
NEW TORK, Jan. IB. An undercurrent
of strength pervaded today's stock mar
ket although the undefined attitude of the
federal reservo bank and attendant mon
etary uncertainties intensified the confu
sion already prevalent in speculative
circles.
Rallies of two to eight points from the
acute depression of the previous session
were due, according to popular belief, to
an oversold condition.
The call money market was easier, the
opening rate of nine per cent holding un
til the final hour when contrary to ita
usual course loans were offered as low
as 6 per cent.
So far as actual transactions were con
cerned, time money existed only in name.
There were several outstanding fea
tures of weakness, notably secondary oils
and specialties. Prominent among these
were Middle States Oil. Union Oil and
Columbia Graphophone, In which gross re
actions ranged from 5 to 17 H points.
Sales were 1.000.000 shares.
Foreign remittances weakened with an
other collapse in German and Austrian
exchange". Sterling derived no benefit
from the more favorable weekly state
ment of the Bank of England.
The heavy bond market embraced In
vestment rails. liberty and international
war flotations and numerous speculative
Industrials. Total sales, par value, were
$17,200,000. Old United States bonds wer.
unchanged on call.
2 hogs..
4 hogs.. ,
1 hog..
1 hog...,
1 hog...
15 hogs.. .
7 hogs..
2 hogs..
10 hogs..
4 hogs..
61 hogs..
1 hog..
9 hogs..
59 hogs..
ti hogs..
56 hogs..
8 hogs..
2 hogs..
S.1 hogs..
19 hogs..
1 hog..
5 hogs..
1 hog..
3 hogs .
1 hog..
3 hogs..
4 hogs..
7 hogs..
1 hog... 230
1 hog... 230
ln
J97
250
4
SS0
166
250
145
175
.,7
211
120
331
244
271
219
118
310
212
176
300
lit 2
4i)0
1S5
4n
21
120
11
1.00
1H.O0
16. 00
14.IH)
14.50
1 5.00
Hi. OH
14.0l
IS.Ort
15.75
lO.ttn
18.0O
14.00
I6.00
14. 0O
IS. 00
13.511
15.00
1 hog. ...
1 hog
2 hogs...
6 hogs. . .
1 hog
3 hogs.
1 hog.
0 hogs...
2 hogs...
6 hogs. .
6 hogs. . .
2 hogs...
5 hogs...
2 hogs...
2 hogs. .
4 hogs...
1 hog. .. .
3 hogs. . .
Ki.lMll 17 hogs. . .
14.0010 lambs. .
14.(X)!71 lambs..
15.7513 lambs. .
12. OOlll lambs.
lii
13.00
15.50
14. 00
15.00
14.75
15.75
5 lambs. .
11 la.tnbs. .
3 ewes. . .
2 rwcfi.
340
3'vn
210
2iO
240
213
170
217
220
1S5
21 I
125
174
25
270
"5"'
151
122
74
118
80
64
102
3
150
16.00
15.00
16.0O
16.no
14.50
14.50
14.541
16.00
16 00
16.00
16.00
16.00
16.0O
16. OO
1 5.00
16.00
14.00
lo.on
15. OO
15.00
I5.0O
14.011
13.50
14.00
14.5H
4.75
9.00
CAR ORDER IS CONFUSING
IO y rltnc 143 1 ll.AO
3 wether 13. IT.
bucks.. 140 ..-
COURSE OF COILV PRICKS
CHICAGO UXCERTAIX.
AT
CLOSING STOCK QUOTATIONS.
I! DO
4.000
2, 1 00
6,::oo
-AO00
COARSE GRAIN BIDS ARE HIGHER
Buyer Raise Offers 25 to 50 Cents on
Isocal Board.
The coarse grain market was -quiet but
steadier. Oata bids at the Merchants'
exchange were raised oOo and corn
was 25 cents higher. For eastern bulk
barley $70 was offered, but there were no
bids for sacked barley.
Terminal receipts. In cars, were re
ported by the Merchants" Exchange a:
follows:
Portland Wheat.Barley.Flour.Oats. Hay.
Thursday
1.5 .... 3
Year atro . . 4 .... 4
Sra'n todate.53fl4 1411 2.ir
Year ago ..5874 8-2 151i3
Tacoina
Wednesday .. R3 1 ....
ar ago . . -4
Cea'n to date. 420ft ....
Year ago . .4'JU ....
' Seattle
Wednesday 12 .... 4
Year ago . . 7 .... 2
Sea'n todate.302 1!1 4.";
Year aso ..4428 4S 004
377
571
120
4SI
477
10H0
2214
906
2030
POTATOES riRM IX LOCAL MARKET
Supplies Are Not Heavy and Hcinand Is
Good.
Potatoes were very firm locally with
good demand and stock not heavy. Job
bers asked $4.50?5 for the best Bur
banks. Four cars were loaded Wednesday,
two for Sacramento, one for San Fran
Cisco and one for Portland. One car
W'ashlngtons reached the local market
yesterday.
Idaho FarTs, Idaho, wired: "Practically
no hauling on account of the condition
of the weather. Demand slower, move
ment limited: market weak, no change 1
prices. wagonioaas, cash to growers
Kura.s, $3.o; Russets, mostly $1. Car
loads, f. o. b. cash track: Practically no
demand; no sales reported."
EGGS ARE
ON
DOWN GRADE
Am Beet Sug.
A m Can
Am Cr & Kdvy
Am H i L pid
A m Loco
Am fern &, Rfg
Am Sugar Jltg
Am Sum Tobac
Am Tel & Tel.
Am Z LA Sm
A uaconda Cop
Atchison
AG & WIS8
Baldwin Loco. 1.W0
Bait Ac Ohio.. 1.100
Beth Steel B.
B & S Copper.
Calif Petrol ..
Canadian Pac.
Cent Leather.
Ones & Ohio..
Chi M & st P.
Chi N W, ..
Chi K I & Pac
Chlno Copper.
Col Ku A Iron
Corn Prods . .
Cruc Stl ex dv
Cuba Cane Sug
li 8 Fd Prods.
Erie
fien Electric.
Gen Motors. ..
Ot No pfd ...
C.t No Ore ctfs
Illinois Central
Inepir Copper.
I MM pfd ex dv
Inter Nickel..
Inter Paper . .
Kennecott Cop
Louis AV Nash.
7.K)0
2,000
30O
3,70)
600
TOO
12.0O0
TOO
3.HO0
yoo
3.UO0
" Y.fioo-
floo
l.ooo
1. 1 oo
1.700
4.3(H)
T.-rtoO
6.000
V4O0
2,000
loo
7,VM
4UO
600
4. him
H.IOO
4,OOi
T.ooo
DOO
20O
I-ower Buying Trices Will Be Sent Out
Today Car Goes East.
v ith the egj? market weak and de
elining, there was very little demand from
the local trade. A carload was shipped
last night by express to Boston, which will
help to clean up the accumulation. Re
ceipts continue to gain slowly. - The street
sales that were reported were around 53
cents case counted and 60 cents candled.
Some ot the large buyers will go out to
day with a country buying price of 50
cents delivered.
There was a good demand for butter In
prints at the established quotations, but
the movement in cubes was backward,
with 59 cents asked for extras.
Poultry and dressed meats were steady
and unchanged.
Evans Joins Co-Operatlve Association.
M. O. Evans, traveling representative of
the Portland Union stockyards, has
signed to take the position of field man
ager for the Oregon Growers' Co-Opera
tive association, the new state-wide fruit
marketing organisation, with headquarters
at Salem. He takes up his new duties
January 19.
Rank Cleurings.
Bank clesrings of the northwestern cities
yesterday were as roiiows:
CI en rinc;.
Portland $6,61957
Seattle - 7.iM.3u:i
Tacoma HfVJ.r.M
Spokane .344.773
Hop, Wool, Ktc.
HOPS 1919 crop, 85c per pound, 3-yeat
contracts. 40c aveiaga.
MOHAIR Long ample, uia4ac; short
staple, 25&30c. .
T A LLU w iN o. i, xuc ; is o. z, c pel-
pound.
CAoUAnA UAUfv ew, nc, uiu, a-c per
pound.
WOOL eastern uregon, line, iuynvcr
medium. 45 & 50c: coarse, 33'3'J7c: valley.
medium, 50 52c; coarse. 35 37c
Oils.
LINSEED Oil-. Kaw. barrels. --$2.06;
raw, cases, ij.jl; Doitea narreis. $..us;
boiled drums, $2.11; boiled, cases, $2-23.
TURPENTINE Tanks. $2.02; casks,
:.17.
COAL OTL Iron barrels. 13H16c; tank
wagons, ldTjc; cases, -inr.uc
GASOLINE iron barrets, zdc; tans
wagons, --c; cases, o; v c.
SAN FRANCISCO l'KODLCE MARKET
"
Price a Current on Vegrtabls, Fresh Fruits
Etc.. at Buy CJty.
SAN FRANCISCO. Jan. 15. Butter, 61c
Eggs Fresh extras, t2Vic; extra pullets.
54c
Cheese oia-styie caurornia nats, iancy,
i;c; firsts, nominal; Young Americas,
Stic.
Vegetables Eggplant, - southern, iuqp
15c pound; bell peppers, southern, 15 Si 20c
per pound; chile,- southern, 15(lv20c;
sauash. uer large lug. cream equash, 75c(&!
$1; do hubbard, $1.25U) 1.75 per sack;
marrowfat squash, $ 1.25 ip 1.75 per sack;
summer squash, southern. $2.25 (&.'2.50;
tomatoes, southern, $1.25 (Jx 1.75 per crate;
second duality, 75c(&$l.25; potatoes, street
prices, rivers, $5 5.25 per cental; sweet
potatoes, 44i'5e per pound; onions, yellow
and white. 4.i'i-i.0O per ceniai on street;
do Australian brown, $55.50 on street;
cucumbers. $3.5033.75 for hothouse; do
English, $1.502 per dozen; garlic. 22 25c
per pound; beans, green, 12 15c per
pound: celery, 3.50Ui per crate; arti
chokes, dozen. No. 1, $1.50; No. 2, $1
No. 3, $1; turnips, sack, $1.50 8 1.75 ; beets,
$1,75172; carrots, $1.251.50; cauliflower,
$1.254ji 1.50 per dozen; lettuce, southern.
$1.75&2.25; peas, small, lO'loc; sprouts.
TirOc per pound.
Fruit Oranges, navels. $45; lemons.
$2.50(&4.50; grapefruit, $2.25(3.75 per box
tangerines, $2(!'2.a0; bananas, 7(jc per
pound : pineapples, $3 to' 4.50 per dozen
pears, cooking, $lg l.50 per lug; do Winter
Nellis, $2.75(&3.50; do Oregon, $4; apples.
Rhode Island - Greenings, $1. for 4
tier and $1.50&l.tt5 lor 4-tier; Newtown
Pippins, $1.752.25; Oregon Spttzenburgs,
$2.50 (ij) 3.25; Baldwins, $2 2.25; Oregon
Newtown Pippins,. $2.503; Lady apples,
$2.502.75 per box ; pomegranates, $1 .25 ftp
1.50 per peach box; persimmons, nominal
cranberries, northern, $3.504 per box
rhubarb. $1.50 per large box.
Receipts Flour 3200 quarters; when
3200 centals; barley 341 centals; oats 33-S:
centals; corn 800 centals; beans 13.H54
sacks; potatoes 10.720 sacks; onions 340
sacks ; hay 297 tons ; eggs 1 7,01 0 dozen ;
hides SAO; sugar 34.1U5 centals; wine
26,400 gallons; rice 1200 bags.
Mexican Petrol 42.400
Miami Copper 2oo
Mldvale Steel. 4.54K)
Missouri Pac. floO
Montana Pow. 200
Nevada Copper 2oo
N Y Central. . 1.100
N Y N II & H l.lOO
Xorf & West
Northern Pac. l.OoO
Pan-Am Petro: 9.700
Pennsylvania.. l.SOO
Pitts & W Va. 2oo
Pittsburg Coal 2M)
nay on cop.. wtM
Keaning
TI I & S ex dv m.Too
Sin Oil t Rfg. 39.40O
Southern Pac. S.2M)
Southern Ry.. 7oq
Studebaker Co 41.90O
Texas Co 33. oo
Tobacco Prods l.OoO
nion Pacific. i.mMi
Untd Rtl Strs. O.ono
U S Ind Alco. m.r.oo
U S Steel 49. oo
do Dfd sor
tah Copper.. 2.H00
Western Union
Westing Elect
Willyj-Oveilnd
National Leaa
Ohio Cits Gas.
Royal Dutch..
200
t.noo
5.KOO
l.OOO
4.400
14.00O
High.
H2
iilH
114l
W Vi
6Vi
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7H
20
62 V4
83 14
164 a
1 1 4 '
31
0
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84 ;
2(K)
31
71
13Vm
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3I
7SV,
su
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24.
81.
30 -m
110,
2UO
24 4
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2514
64
16'i
tws
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97
42"
23',
61
21',
75.
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214
ins
201
02 'S
122Ht
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los
106,
115'i
77 4
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Low.
91
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87
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105 J4
bale.
2
54
13S'.4 1
114,
H'J1.
63
137
t3
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l'JW
62',
834
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96
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464
107 V
Livestock prices at local yards follow :
battle Price.
Best steers $11,25012.00
liood to choice steers 10.5Oll.0
Medium to eootl steers . 9.0U4D U.
Fair to a-ood steers 8.0tii .M
Common tto fair steers. ..... . 7.i'ti) X.ou
Choice cows and heifers U.OOfc. IO.O0
Good to choice, cows, heifers.. 7.756 U-00
Medium to Koud cows, helfera 5.75W 7.75
Fair to medium cows, heifers. 4.75y 5- 5
Canners 3.5iirrt 5.5o
Bulls 6. one, s.oo
Prima llBht calves 12.504,16.00
Heavy calves 7.oo 12.50
Stock r and feeders s.uoo. U.50
Hobs
Prime mixed . 15.5Oia16.00
Medium mixed 15.00 15.50
Rough heavies I J.Olil&i 14.i0
Pigs 14.50
Sheep
Eastern lambs 14.0O15.25
Light valley lambs i:.oo 15.00
Heavy valley lambs 12.304 13.-0
Feeder lambs 12.0i) 14.l0
Wethers 1 1.5il(t. 12...0
Yearlings 12.011 W 13.O0
Ewes 7.WJK U.00
Chicago Livestock Market.
CHICAGO, Jan. 15. Hogs Receipts 36.
0O0. active. 30c to 40c higher. Bulk,
$15.10015.40; top, $15.43; heavy, $15.101
13.35: medium, $15.15 WIS. 40: light, $1..20
T 15.35: light light. $14.7.1 15.25: heavy
packing sows, smooth, t 4.25 4 14.85; pack
ing sows, rough, ll.iiivM.-i Pigs. u.ia
614.75. . .
Cattle Receipts ll.ooo, rirm. neei
steers, medium and heavywelsht. choice
and prime, $18(firl9.50: medium ana gooa.
11.50't18; common, $ W 1 1 .50; llgh tweieht.
good and choice, $14jj18.50; common and
medium. $S.25(ail4; butcher cattle, netters,
$6.50014.50; cows. $6.6013.23: canners
and cutters. $5.25 $1)6.50; veal calves, $16.75
18: feeder steers, iSHfl-.ov: stocaer
steers, $7.2510.50.
SheeiJ Receipts 12.0IHI. weaK. i-mos.
84 pounds down, $16.7541)19.65; culls and
common, $13.75ti 16.50; ewes, medium, good
and choice, $U12; culls and common.
$5.23 8.25.
Omaha Livestock Market.
OMAHA. Jan. 15. (United States Bu
reau of Markets.) Hoes Receipts 13.000.
market 25c to 30c higher. Top, $13: bulk.
$14. 75S 14.90: heavyweight. $14.80tJ15:
medium weight. $14.85013; lightweight.
$14.704014.85; light light, $14.40 14.75:
heavy packing sows, smooth, $1 4.65 14. 5;
packing rows, rough. $14,504,14.66; piss.
$1 1.25 13.50.
Cattle Receipts 5500, steady. Beef
steers, medium and heavyweight, choice
and prime. $1 6.50R 1 8.50 : medium and
good, $12J 16.50: common. $9.7512: Hght
weieht. good and choice, $16.25 IS. 50:
common and medium, $9 16.25; butcher
cattle, heifers. $7.23 13.50 : cows. $74
13.25: canne-s and cutters, J.v.-Jir I : veai
calves, light and handy weight. $1.1. .04,
15; feeder steers, $8414; Blocker steers,
$7.50f( 11.75.
8heet Receipts 9"00, market steady.
Lambs. 84 pounds down, mil0.25; culls
snd common, $13.7.14M7: yearling wethers.
$1416.25: ewes, medium and choice, $10
11.40; culls and sjommon, $5.50910.
"entile Llvetock Market.
SEATTLE. Wash.. Jan. 13. Hogs Re
celots 129. Firm. Prime $16(r1.30: me
dium to choice $15116: rough heavies (1
rl4.50: Digs $13.3ll'irl4.5.
Cattle Receipts 63. Steady. Best steers
11 25011. 75: medium to choice $9Jln.50;
common to good $798; cows and heifers
$8,259: common to good $68; bulls
$6tf7.50; calves $7fr14.
Kansas City I.ivestark Market.
KANSAS CITY. Mo.. Jan. 13. Sheep
Receipts 6000. Steady. Lambs $18. 50
19.50; culls and common $ 1 1.25 til 16: year
ling wethers SI4.258P lo.oli; ewes s..r'o
11.50; culls and common $4.509.
breeding ewes $8 14.50; feeder
$14.50 17. To.
Boars Assert Burdensome Accumu
la t Ion or Grain Will Result
From AYlieat MoTcmcDt.
CHICAGO, Jan. 15. TJneertalnty as to
the effect of orders that 70 er cent of
grain cars to be devoted to the handling
of wheat led to a see-saw market t5day
In corn. The close was nervous. 4e to
He net higher, with May $1.334 to $1334
and July $1.3114. Oats gained Vie ta He
The outcome In provisions was unchanged
to SOc up.
Difference of opinion as to the signifi
cance of the method chosen to distribute
gtin cars was so nearly even that any
radical change In the value of corn today
seemed to be out of the Question. Bears
argued mat tne tenaeney oi me oruer
would be toward a burdensome accumula
tion ot coars. grain stocks aa there was
no adequate outlet to the east provided.
Kxport purchases of oats totaled 500.0O0
bushels.
Owing to the tardiness of eitah demand,
provisions mada only a moderate response
to a sharp advance in tha hog market.
Leading futures ranged as follows:
CORN.
Open. High. Low. dose.
Jan $1.3SV4 II. KU $1.374
.May 1.33 1.344 1.32', 1.33S
July 1.314 1.32Va 1.30 1.31,
OATS.
May 81 ,S2i .814 .824
July 73. .O'i .734 .7614
51 ESS POKK.
Jan S.S0
May 39.25 39.50 ' 89.25 39.45
LARD.
May 24.85 24.95 24.77 24 9.1
July . .... 25.20
SHORT RIBS.
May 20.50 20.7S 20.50 20.7S
July . .... 21.07
r
Cash prices were:
Com No. 2 mixed, not quoted; No. 2
yellow, not quoted; No. 3 yellow, $1,48 4,
1.50.
Oats No. 2 white. S5i6S7Vc; No. 3
white. S.iS7c.
Rye No. 2. $1.814.
Barley. $1.37& 1.3S.
Timothy seed. $104114.
Clover seed. $I8 4 52.
Pork, nominal.
Lard. $24.15W24.25.
Ribs, $19,504 20i50.
C.raln at San i ran Cisco.
San FRANCISCO. Jan. 15. Flour. S-Ss.
l-.JO.
Uraln Wheat. $2.20; oats, red fe,J. $3.2$
es.JO; barley, feed. $3..Vlj3.63; corn. Cali
fornia yellow. $3.20 3.80. White Egyptian.
$3.7503.77V4.
Hay Wheat or wheat and eats. $239
2i ton; tame oats. $25028: wild oats. S21
24; barley. $2124: alfalfa. $232S:
stock hay, $184121; barley straw, 504480c
bale.
$1.23
Minneapolis Grain Mnrket.
MINNEAPOLIS, Jan. 15. Barley,
e 154.
Flax. $5.08 5. 13.
Huluth Llnaeed Market.
Dl'LCTH, Jan. 13. Linseed. $3.08 4 5. 18.
All about Income Tas
A COMPLETE and VALUABLE BOOK
Your copy of our new 1920 INCOME TAX BOOK is now ready for
you free. It contains a very concise and complete resume of all the
features of the present income tax as it applies to both single and mar
ried men as well as partnerships, "business enterprises and investments.
This book sets .forth all the information you may desire in a very
readable and easily understood way, and for these reasons will enable
' you to get an intelligent conception of how the law applies to" you,
without spending; hours in studying out the many features.
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
Telephone: Broadway 2151 Established Over a Quarter Century
higher, an-1 closed at 16e with tho gen
eral list closing t a net aavance n j
to 27 points. Closing oias: janui..
If. 5c; March. 13.82c: May. lc; July.
16.18c: September, 13.Sc; October, 15.8ot;;
lecember, 15.80c.
Stot coffee In moderate demand. Rio
7s. 16m6V4c; Santos 4s. 25 V Q 25. C.
Naval
SAVANNAH, Oa..
Btarea.
Jan. 15. Turpentine,
firm. $t.86V: sales. 134 oarreis: rtccv..;,
34 barrels: shipments. 2713 barrels; sloe.
11, 45 barrels.
Rosin, firm; sales :w oarre.s;
574 barrels: shipments.
stock. 44.8W0 barrels.
O. $1S.50: H. 1S.6i:
M. $20.25: N, S.2Q.T.V
120S barrel.:
Quote: B. D, F..
I. $18.75; K. $19..".t:
WO. $21; WW. $22.
affee Futures Cloaa lllguer. t fowls. 3
YORK. Jan. 15. A renewal i.f
Coffee
NEW
scattering liquidation caused an opening
decline of 8 to 16 points In tU .nuvket
fur coffee futures today end active months
about : to 23 points net lower during the
fli-t few minutes. Tha flrmor ruling of
futi.rc in Santos nrd the development
of a better tone In the stock market after
earlier activity checked selling, h-wee.-.
and lU-iceM rullleti later on covering und
trade biiving. v Men was said to be part
ly frr K'Tipean account. May :io!d up
from tr, 7-v- 1o 16 14c. or 27 poit.r
Eastern IJalry Produce.
VEW YORK. Jan. 13. Butter.
Creamery higher than extras, 6J
extra. 62c; first. Oirw',it.
Eggs, unchanged.
Cheese, unchanged.
CHICAGO. -Tan. 15. Butter, lower.
Creamery. 61 S 60c.
Eggs, lower. Receipts. 4142 cases.
61c: ordinary firsts. &0J58c; at
cases Included, 57 460c.
Poultry, alive, unsettiea. spnngi,
lc
st-sily.
V, 4) 03c;
Firsts,
mark.
Hay Slumps at Omaha.
fflJAHJl. Jan. 15. The price of hay on
this market has dropped from $.;." to $20
a ton in len days and a drop of $5 more
is expected. Dealers attribute this to mild
weather, a big crop last year and falling
j oft of cattle feeding.
LIBERTY AND VICTORY BONDS
If you must sell your liberty or victory bonds, sell to us.
If you can ouy mors liberty or victory bonus, buy from us.
On January 15. 1920. the closing New Yolk market prices were as green
below. They are lbs goverolng prices for liberty and victory bonds all aver
the world, and the hiBhe?t. We advertise these prices dallv In order that you
may always know tua New York xuarkat and tba exact valua ot your liberty
and victory bonds:
1st 1st 2d 1st 24 3d 4th Victory
34s 4s. 4s 4Vs 4ia 4'; 4Vis. S;s 44s.
Market J9S.SO $92.26 $91.00 $92.90 $91.40 $9-i .' $91. 40 $3S..'-0 $9i.l(l
Interest... .30 .34 .OS .S7 .72 1.43 1.07 .32 " .41
Total. .$99 10 92 RO $91. 6 $93.2T $92 12 $9197 $92.47 $9 S2 $9 91
When buying we drtluct 37c on a $50 bond and $2.50 on a $li)0 bond. Wa
sell at the New lork market, plus the accrued Interest.
Burglar and Fire-prmf Snfe lepo.it Hoses for Kent
Open until S P. M. an hutnrdaya.
MORRIS BROTHERS, Inc.
The Premier Municipal Bond Houses-Capital One Million Tnl!ara
Morris Building, SI18-11 Mark btrect. I let. Hfth and Sliih.
TFI.F.rilONK: BKOAUWAY 2131. JstabUshed Over a Quarter Century.
New Issue
vs- vc
jp 1
Pt ! steady.
Cotton Market.
TORK, Jan. 15.
Middling. 3.25c.
Cotton Spot,
25:
lambs
Bid.
BONDS.
TJ S Lib 3V4s. . .98.801 Anglo-Fr 3s . . . 6'i
do 1st 4s 92.28 A T & X CV 6S. 99 'i
do 2d 4s 91.0(l!Atch gen 4s 78i
do 1st 4-is 92.98 D & R O con 4s 66V4
do 2d 4is, ..914N Y C deb 6s... 92
do 3d 4.4s. . .93.56 N P 4s 76?i
do 4th 4is. . .91.30iN P 3s 56
Victory 3is . .98 2i Pac T & T 5s. .'88
do 4is
U S 2s reg. . .
do coupon .
U S 4s reg. ..
do coupon ,
Pan 3s reg..
do coupon
H8.5S
. 1 OO
. MIIO
.105V.
.1115 14
. .M8Vi
. ..88'.-
Pa con 4,4s. .
S P cv Bs. . .
So Ry 6s . . .
ir p 4s
U S Steel 6s.
,. 91
. .103
.854
.. 84-4
..89V
Bid.
Mining; Stocks at Boston.
BOSTON, Jan. 13. Closing quotations:
Allouez 37 North Butte 1UV
Ariz Com 14 Old Dom 35V.
falu & Ariz. 64 Osceola 52 Vi
Calu & Heels... 385 Qulncy 61
Centennial .... 15Vi Superior 5
Cop Range .... 45 Sup & Boston.. 44
East Butte .... 144 Shannon ....... 1 .
Franklin 3 Vi- Utah Con 9
Isle Koyalle ... 34 Winona 14
Lake Copper ... - 4 Wolverine 21
Mohawk 67 V.
pa-
Money. Kscfaange. Etc.
NEW YORK, Jan, 15. Mercantile
per. 6 per cent.
Sterling, demand. $3.71; cables, $3.714
Francs, demand, 11.42; cables, 11.40.
Guilders, demand, 374; cables, 37 V4. Lire,
demand. 13.62; cables. 13.60. Maras. de
mand, 1.78: cables. 1.80.
Time loans strong, an dates TVs ver
cent.
Call money easy: high, 9 per cont; low,
7 per cent; ruling rate. 8 per cunt; Cos
ing bid, 7 per cent; offered at 8 per cent,
last loan, 7 per cent.
Bar silver, $1.304 per ounce.
Mexican dollars. 9Kc.
Sterling declined further, the follow
Injr quotations being recorded:- Ste-ling.
60-day bills. $3.87: commercial 00-day
bills on banks. $3.67; commercial 60-day
bills, $3.66V4; demand, $3.7C!4: cable.
3.71.
15. Bar silver, 70d per
New York Sugar Market.
NEW YORK. Jan. 13. Raw sugar, firm.
Centrifugal, $13.04; fine granulated, $13
ri.
a.u- ul rr
Toledo Traction
Light and Power Co.
FIRST- LIEN
7 TWO-YEAR GOLD
BONDS
An attractive issue offered
at a price to yield over
7
Complete
circular rinon
for OU-019
request
balances.
$1,760,087
1.489.9(13
191,509
800,261
PORTLAND- MARKET QUOTATIONS.
Grain. Flour. Feed. Ktc.
sferchants' Exchange, noon session:
Bid.
Oats .Tan. Feb. Mar
No. 3 white feed ....$63.50 $64.00 $64.00
Corn
No. 3 yellow 88.25 59.00 58.50
Eastern oata and corn, bulk
Oats
S-lb. clipped ....... 61.00 61 BO 62 00
38-lb. clipped 62.00 62.50 1)3. 0C
Corn
No. 3 yellow 5D.25 69.25 59.25
Barley
No. 2 ' 70.00 70.00 70.00
WH EAT Government
tuehel.
FLOUR -Patents. $12 35-
$2.20 sal
bakers'
Wheat. $12.5; whole wheat, $11.25;
hard
gra
Seattle Feed and Hay.
SEATTLE. Wash., Jan. 15. City deliv
er- Feed Mill, $30 per ton: scratch feed.
$S4; feed wheat. $89; all grain chop, $76;
oats, $6970; sprouting oats, $74; roiled
oats, $74; whole corn, $74; cracked corn.
6; rolled barley. $so: clipped barley, $S5.
Hay Eastern Washington timothy
mixed, $3Sfg'39 per ton; double compressed,
$42; alfalfa, $35; straw, $171S; Puget
sound, $33.
MetaJ Market.
NEW YORK. Jan. 15. Copper, oulet.
Electrolytic, spot and first quarter, 19Vi
19ic ; second quarter, 19V4 lSc
Iron, firm and unchanged.
Antimony. 10.T,0c.
Lead, firm. Spot and Feb.. 8.62c bid-
Zinc, firm. Spot, 9.17c bid; 027c asked.
LONDON,) Jan
ounce.
Money, 4 per cent.
Iiscount rates Short
cent; three months' bllli
biils, 54 per
84 per cent.
ACTIVE MARKET FPU HOGS
BULK OF SALES AT YARDS ARE
AT TOP PRICES.
Sheep and Lambs Arc Firm and
Cattle Steady Run for
Day Is Small.
NEW TORK. Jan.
Smelting & Refining company today ad
vanced tne price or lead from 84 to 8
cents a pound.
lried Fruit at New York.
NEW YORK. Jan. 15. Evaporated ap
plea. dull. Prunes, firm. Peache, firm.
Receipts were again light at the artoek-
yards. only seven cara being unloaded.
Trad in n: was chiefly in the hog division.
where the market waa re-ported firm with
The American . the bulk of sales at lo, th top quotation.
The tew transaction in me came ma rut
indicated a stew. ay trend or values. (Sheep
and Iambi were in small supply ami both
were firm at unchanged prices.
Receipts were 8 cattle, 512 hogs and 33
sheep.
The cays sates wan as iouowi
CHINOOK HITS HOOD RIVER
Melting of Snow From December
Storm Is Accelerated.
HOOD RIVER, Or.. Jan. 15. (Spe
cial.) A strong chinook wind last
night melted most of the enow that
had been lingering; since the early
December storm. Only deep drifts re
main beside sidewalks on city streets.
and hillsides are bare except for the
drifts in ravines. The street depart
ment has been busy today, clearing
away debris and opening the gutters
and storm sewers. The Chinook has
brought the Hood river to flood stage,
but the deep gortfe will prevent over
flow damage.
1 steer. . RS0
1 steer,. 1050
1 steer. . 990
1 cow S30
1 cow. . .1020
1 cow HO.
3 cows.. . 956
1 cow... 820
2 cows. . . 7 HO
2 cows.. . 933
1 cow... 940
1 cow. . .1020
1 cow. . .1120
2 cows. . . 790
1 cow ... 7&0
1 cow. . . 760
5 cows.. . 738
1 cart.
1 bull.
1 bull.
1 bull.
1 bull.
14 hogs.
1 nog.
6 hogs.
hogs.
1 hop.
2 hogs.
7 hoes.
RO
.1380
.1220
.1000
.1120
. 178
. 3 SO
. 190
. 23
. 45
. ISO
. 117
Price. Wgt. Price.
$ 7.25 3 hogs... 230 $15.75
10. OO 4 hogs... 250 15.75
8.00 1 hog.... 420 1S.75
6.50 2 hogs SM0 13.75
5.30 lhog.... 860 13.75
6 0O 3 hogs... 1W 15 50
7.50 17 hogs 224 16.00
8.0O 5 hogs... S56 14.00
" 5.50 1 hog.... 2'VO 14.00
7.00 1 hog 4 HO 14.00
6.23 7 hogs... 195 16.00
8.50 8 hogs... J81 16.O0
7.50 7 hogs 248 15.75
5.75 1 hog.... 300 12. OO
6.25 38 lambs.. 80 15.00
4. OH 8 ewes... 160 8.50
BOO 1 wether. 120 13. OO
12 00 I wether. 10O 11. mi
7.30 19 hogs... 1X0 16.06
8.25 1 hog.... 370 14.511
6.50 1 hog.... 860 14.50
7.25 2 hogs... 194 15.75
15.75 6 hogs... 126 14.00
13.75 8 hogs... 147 16.00
16 00 5 hogs... 226 16.00
16.00 2 hogs... 283 18.0O
14. OO S hogs... 210 16.00
16. OO 5 hogs... 240 16.0O
14.00 1 hog.... 4C0 14.00
THE NATIONAL CITY
COMPANY
Correspondent Offices In over
60 Cities
Portland A' roa Building;.
Telephone Main 0072.
A Municipal
Yielding 6
Issued Under Conservative
State Laws
$25,000
Cowlitz County, Washington
Diking Improvement District No. 5
7 Bonds
Denomination $500
Maturities 1932-1934
The $ecurity for these bonds consists of 5549 acres of very
rich land adjoining the town of Woodland, no part of which
can be released from obligation for this indebtedness until the
last bond has been paid.
The Supreme Court of Washington has approved the con
stitutionality of the act and the validity of the proceedings under
which this municipal district was formed.
Legal investment for savings bank and trust funds in Oregon
and Washington.
PRICES TO YIELD 6, INCOME TAX EXEMPT
1umbermersrp"us1" o.
Bonds -Truss- Acceptances
tapiral a. surplus sooo.ooa
Cn v, lumWat-avans Blda,
Porl4rd. Oreqop.
C. F. WRIGHT,
Vice-President
Sca.trl
JOHV A. KEATIXG,
President
CARL S. KELTT
VIce-Prealdent
A. H. 4VF.RI1.L
r. S. BRIMRV
( has. h. I'tiier
K. J. COMBS
K. . COLLINS
BOARD OF DIRECTORS
J. DAN Mir. II JR.
V. I. KILI.DR
JOHV A. KK.lTIVfi
I. KM. IK !. SHITI'
4 I1AHLF.S l- nKlUHT
CHARLES K
Coder Ssprrviales Bssklsg Deaaartsa.Bt State .f Oregon
Syndicate Loans
Attractive investment opportunity is offered
from time to time by participation in the nation
wide syndicate loans to Foreiprn Governments,
Municipalities and to great American corporations.
We participate in all National Syndicates that in
our judgment are worthy of entrusting our own
funds.
Ask to be placed -on our mailing list for advance information
Freeman Smith & Camp Co.
S.A Faasxiaco
second floor
northwestern bank building
Main 646
MUNICIPAL BONDS
From the States of
OREGON WASHINGTON IDAHO
To Net 4.90 to 6.50
Exempt From Present Income Tax
. . Devereaux 5L(5mpany
MUNICIPAL BONDS
67 Sixth Street Broadway 1042
Ground Floor Wells-Fargo Building
pen
III
NatioiaalBankof Commerce in Ne v5otLl
Resource
Loans and Discounts J $312,775,033.36
U.S. Bonds and Certificates of
Indebtedness and Loans se
cured thereby
Other Bonds and Securities
U. S. Bonds and Certificates
Borrowed
Stock of Federal Reserve Bank
Banking House
Cash. Exchanges, and due
from Federal Reserve Bank 127,108,880.70
Due from Banks and Bankers 8,887,105.45
Interest Accrued
Customers' Liability under
Letters .of Credit and Acceptances
Established 1839
STATEMENT OF CONDITION
DECEMBER 31. 1919.
Liabilities
Capital.; $25,000,000.00
Surplus 25,000,000.00
Undivided Profits 4,085,88?.9 1
Deposits r 403,140,460.35
U. S. Bonds and Certificates
Borrowed 16,317.720.00
Bills Payable and Rediscounts
with Federal Reserve Bank 73,868,596.31
Time Drafts of this Bank
Outstandine.j .2.306.25Q-0CL
TTeserved forTaies etc. . 2.S95.800.24
"Dividend Payable Jan. 2,"192V
(including extra dividend) 1,125,000.00
Unearned Discount 1,956,558.62
Letters of Credit and Accept
ances .- .- 64,865,797.93
Other Liabilities , . . . 3,330,009. 14
73,989.598.85
14,505,403.30
16,317,720.00
1,500,000.00
4,000,000.00
1,460,594.18
3,347,746.66-
$623,892,032.50.
5523,892.082.50
J. HOWARD AUDREY
JOSEPH A. 6ROOERICK
CUV EMERSON
JAMES S. ALEXANDER
WILLIAM A. DAY
HCNRY W. ds FOREST
FORREST F. DRYDEN
JAMES S. ALEXANDER
v icm-itma tommr a
HERBERT . HOWELL
LOUIS A. KEIDEL
DAVID H. C. PENNY
JOHN C.-ROVENa-KY
RICHARD W. SAUNDERS
OIHCOM
CHARLES E. DUNLAP
HERBERT P. HOWELL
ANDREW W. MELLON
FARIS R. RUSSELL
STEVENSON C. WARD.
ROGER H. WILLIAMS
CHARLES H. RUSSELL.
VALENTINE P.SNYDER
HARRY B. THAYER
THOMAS WILLIAMS
Get Information
before buylns; stocks and bonds If you want to eliminate your looses.
Wo have the most complete Information service obtainable on all
classes of securities which you are invited .to make irse of. Don't
hesitate to ask us for Information and Quotations on any security In
which you are interested.
ttre- private- leases -wires to all Imnmlaat markers.
Liberty and Victory lloads Iluucbt avt tbe lliHsesl .Market Price.
Herrin & Rhodes, Inc.
Portlaad Seattle Tarosia
Kslabliabed 1MH1.
STOCKS AND BONDS
n,tl.nri 2u Railway Eirkaace Rids:. Slala. 2S3. t
On account of the high value of Ameri
can funds in Canada some excellent
purchases in Canadian Municipals are
now obtainable WE SELL THEM
"The House Built Square"
Carstens & Earles, Incorporated
Government, Municipal and Corporation Bonds
Broadway 4108 307 U. S. Nat'l Bank Eldg.
acnncnnaEncn,;
FACTS NO, 4M.
FULL MEASURE OF SERVICE
The vital problem in the
improve ment and con
struction of roads is that
they be constructed so
they will yield the full
measure of service. It
is vital that they be serv
iceable. Every day, sum
mer and winter, the rural
high way should always
be open for travel. This
is assured if the road is
paved with
WAItltKX I1ROS. COIIPAM.
DDDsnDnaoDQ
Jchn Y. Richardson & Co.
Certified Public Accountants
INCOME TAX CONSULTANTS
Concord Building,
Portland, Or.
Telephone Main 8231
MEMBER
AMERICAN INSTITUTE
ACCOUNTANTS
OF
Writs for
SUnaet Tan aaJ Price tist
SULLIVAN HIDE & WOOL CO,
144 Front St.
Portlaad
mm
SShw 144 Front St.