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About Morning Oregonian. (Portland, Or.) 1861-1937 | View This Issue
THE MORNING ORIGONIAN, FRIDAY, . FEBRUARY 13, 1920
PORTLAND HAS TJEW
Captain W. Z. Haskins and J.
J. Reynolds Enter Field.
RODGERS HULLS BOUGHT
Wooden Steamers to Be Completed
a i'lve-Topmasted Sailing-Schooners.
A new shipbuilding firm to be
known as the Monarch Shipbuilding
company entered the Portland field
yesterday and opened an office in the
Worcester building. The new firm Is
composed of Captain W. Z. Haskins,
manager of the Oreeon Stevedoring
company, and Captain John J. Rey
nolds. In response to rumors along
the waterfront that the partners are
planning- an extensive programme of
shipbuilding at the old yard of the
Grant Smith-Porter Ship company in
St. Johns, Captains Haskins and Rey
nolds said that no definite plans have
been made beyond the completion of
the hulls which they recently pur
chased from George F. Rodgers.
The hulls purchased from Mr. Rod
gers are the Abantis and Abdera at
the Grant Smith-Porter yard and the
Doylestown at the North Portland
yard of the G. M. Standifer Construc
tion corporation. Tne work of com
pleting the Doylestown as a five
masted sailing schooner was started
at the old Standifer plant early this
week, and it is planned to begin the
completion of the Abantis and Abdera
The three hulls purchased by Has
kins and Reynolds were darted as
wooden steamers for the shipping
board, but work on them was stopped
when the contracts for their con
struction were canceled after the
signing of the armistice. All will be
completed as five-topmast sailing
schooners. They are being finished
especially for handling lumber car
goes in a quick and efficient manner.
The names of the vessels are to be
changed before they are launched, but
the new names have not yet been de
termined. The hull now bearing the
nMe Doylestown is expected to be
ready to start loading her first cargo
early In March, and the two others a
short time later.
Medium to good steers 8 509 10. 50
Fair to good steers 8.60 9.50
Common to fair steers 7.509 R50
Choice cows and heifers 8.BO10.50
Uood to choice cows, heifers.. 8. SOW .,lu
Medium to good cows, heifers. 7.50 8.50
Fair to medium cows, heifers. 6.509 T.fiO
Canners 8.509 8.50
Bulls .2S& 8.50
Prime light calves 15.00 17.00
Heavy calves T.uue; lz.ou
Stockers and feeders .... 8.00(0 9.60
Prime mixed 15.75016.25
Medium and mixed 15.2515.75
Light valley lambs
Heavy valley lambs
13.00 01 Is. Oit
14 00 if 14.50
13.00 a 13.50
Chicago Livestock Market.
CHICAGO. Feb. 12. Hogs Receipts 83,
000, steady to 10 cents higher; heavy hogs
slow. Bulk, J14.3015.50; top, $15.65;
heavy, $14.40 14.90: medium. $14,759
15.35: light, $15915.65: light light. $14.75
915.50; heavy packing sows, smooth, $13.50
14.25; packing sows, rough, $13913.50;
pigs. $13.75 9 15.
Cattle Receipts 9000, firm. Beef steers,
medium and heavy weight, choice and
prime, $15917; medium and good, $11.16
915; common, $9911.15; light weight,
good and choice, $1216; common and
medium, $8.50912.15; butcher cattle, heif
ers. $6.50912.60; cows, $6.50911.35; can
ners and cutters, $5.25 9 6.50; veal calves,
$16917.50; feeder steers, $7.50 911-50;
stocker steers. $6.85 9 10.35.
Sheep Receipts 16,000, weak. Lambs,
84 pounds down, $18.75921.35; culls and
common, $15918.25; ewes, medium, good
ana c&oire, $11.25914.25; culls and com-
Omaha Livestock Market.
OMAHA. Feb. 12. (United States bn
reau of markets.) Hogs Receipts 8500,
10 to 25 cents higher. Top. $14.90: bul
$14.40914.75; heavy weight, $14.50 9 14.75
medium weight, $14.60914.90; light weight.
lH.SOill4.llll; light light, $14.50914.80
heavy packing sows, smooth, $14.40(9
14.u0; packing sows, rough, $14914.40
pigs, $12.50 9 14.
Cattle--RecelDts 8500. generally steadv.
Beef steers, medium and heavy weigh
choice and prime, $13.75915; medium an
good, $11913.75; common, $9911; light
weight, good and choice, $11. 7591a; corn
mon and medium, $8.50911.75; butcher
cattle, heifers, $6.75 911 50; cows. $6,509
11.25; canners and cutters, $5.2596.50
veal calves, light and handy weight. $1
915.45; feeder steers, $7.75 9 12.25; stocker
Sheep Receipts 12,000; lambs 25 to 50
cents lower; sheep steady. Lambs, 84
pounds down, $18920; culls and common,
$14.50917.50; yearling wethers, $14.75"?
ii.au; ewes, medium and -choice, $10,509
iz.k; culls ana common. $6910.00.
Kansas City Livestock Market.
KANSAS CITT, Feb. 12. Sheep Re.
ceipts 6000, 15 to 25 cents lower. Lambs,
sw.zaoj:u; culls and common, $12317
yearling wethers, $15.50918; ewes, $10.50
ttci&.ia; culls and common, 96.25910.25
breeding ewes, $8914.25; feeder lambs,
HAS BEEN REDUCED
Fall in Foreign Exchange
Curtails Movement. .
EXPORTS ARE RESTRICTED
Seattle Mvewtock Market.
SEATTLE, Feb. 12. Hoys Receipt.
106; easy. Prime, $1616.50. rnedtum to
choice, $151A: rough heavies, $14Vl.50;
CaTTLE Receipts, none; easy. Best
steers. $12.25 12.75; medium to choice.
SlO&ll.Tu; common to good, $7.50 w 10;
cows and heifers, $10. 50; common to good.
$6.50(9.25; bulls. $7-?8.2S; calves, $7010.
The steamer Montagrue. which left As
toria for the orient January 1, after load
ing at Portland, arrived at Yokohama Jan
uary 20, according; to a report received by
her operators, the raciuc ateamsnip com
The wooden staemer Munra was re
floated from the port dry dock yesterday.
She Is expected to be checked in by the
Columbia-Pacific Shipping: company today.
She will load ties at Willapa harbor for
the United Kingdom.
The steam schooner Klamath, which
was expected to depart from St. Helena
yesterday lor San Francisco, will not set
away until this morning.
The Nelson line steam schooner Nome
Cfty will shift from Albers dock No.
to the Bates dock at 7 o'clock this morn
ing to finish discharging her freight from
Ban Francisco. A large consignment of
cement Is to gr off on the Bates dock.
The Admiral line passenger steamer City
er Topeka will be due at municipal dock
ISo. 2 at 9 o clock this evening.
Lining of the wooden steamer Marsh field
In preparation for the loading of a cargo
of flour for, Europe was completed yes
terday and ' the flour will begin going
a beard this morning at the Irving dock.
Columbia River Bar Report.
H.-rh Water. Low "Water.
T:B5 A. M 7.6 feet!l:3S A. M 3.6 feet
f :05 P. M 5.7 feeti-.tVS P. M
. Feb. 25
To Arrive at Fort land.
Btr. Shasta San Pedro ...
Sir. Florence Olson. San Pedro . . .
Str. San Jacinto . .. San Francisco
Btr. Cltv of Topeka. S. F. and way. ... Fet. 13
Sir. Rose City San Francisco ...Feb. 14
Str. Mont Cervin ..Seattle
Htr. KaM. Merchantman Francisco
Btr. "Wawalona .... Orient
8ch. Irene San Francisco
Str. Waban Vladivostok ..
Sen. Snow A B'rg'ssManila
Ptr. Mehanno San Francisco
Str. Coaxet Orient
Str. Eelbeck San Francisco
Sh. David Evans. . Table Bay . . .
Str. Montague ....Orient
Str. Mount Etna ..Seattle
Str. Abercos Orient April 24
To Sail From Portland.
Frhr. Jos. Pulitzer. .Unalanka Feb. 13
Str. Silver Shell ... San Francisco ...Ftb. 13
Ptr. Klamath San Francisco ...Feb. 13
Str. Nome City .. . . San Francisco .. .Feb. 14
Ptr. Duquesne ....New York ".Feb. 14
Str. Clackamas ... United Kingdom.. Feb. 14
Sir. Pawtet Orient Feb. 15
Vessels In Port.
Utr. Pawlet ...... .St. Johns Terminal.
Str. Iuqusne ... .Crown Mills.
Str. Marshfield . . . Municipal Dock No, 1.
Str. Munra Drydock.
ftfcL Geo. U. Hind.. Inman-Poulsen Mill.
Bkt. C. F. Crocker. St. Johns Terminal.
fhrp Reuce ....... Drvdook.
Str. Sliver Shell .. . Willbrfdge.
Str. Nome City . .. Albers Dock No. 2.
Str. Clackamas ... St. Helens.
Str. Klamath St. Helens.
Sen. Alindoro West port.
Str. Daisy Knappton.
Str. Haico Tongue Point.
Btr. Trinidad Tongue Point.
SUPPLY JIT YARDS LIEUT
BKST VALLEY LAMBS
B;s Steady With Bulk or Sales at
9 1 6 to $ 1 6 . 2 0 Ca tt le Prices
With a run of six loads, trading was
not heavy at the stockyards yesterday.
The market was In good shape through
out. Hogs were steady, with the bulk
of sales at $16 to JIB.l'O. The top grade
of light valley lambs was quoted a dollar
higher at 17.
Receipts were -3 cart tie, 2 calves and
079 hogs. The day's sales were as follows:
1 steers. 1012 11.00 1 bull.
1 cow. .. 10.10
1 cow . . ,
1 cow . . ,
S cows. .
2 cows. ,
2 cows. ,
1 cow. .,
A cows. ,
2 cows. ,
1 cow . . ,
t cow. .,
9.75) 1 bull
9.701 1 bull
7.751 8 calves..
5.75 2 cows. ..
7. BOI 2 cows...
8.001 1 cow. . ..
ia-20 I 8.50
E TOTERS ARE ED
A. PRCSS AND FRANK HERXA
MEET REVENUE MEN.
Eight Gallons of' Corn YVliiskj
Cause Arrest of Man tf Offi
cers on East Side.
By not observing Lincoln's birth
day. United States revenue officers
yesterday observed numerous per
sons celebrating in a manner IndiB
creet, with the result that there were
many new faces in the county Jail
A. Pruss was merrily driving a
truck on East Sixth street and his
passenger, frank Herxa, was lifting
his voice in song more loud than
sweet, when two revenue men sought
permission to search the truck. Two
two-gallon jugs of red wine were
Eight gallons of corn whisky were
found in a house on the east side
and one arrest made.
R. Pelmino and Henry Anderson
were picked up by the federal offi
cers for violation of the national pro
hibition act, and several others wyt
DAILY METEOROLOGICAL REPORT.
PORTLAND. Or.. Feb. 12. Maximum
temoerature. 47 decrees: minimum tern
perature, 35 degrees. River reading, ,6
A. M 1.6 feet: chanre in last 24 hours.
0.2-foot fall. Total rainfall (.6 P. M. to
5 P. M.). none; total rainfall since Sep
tember 1, 1119, 21.83 lnche; normal rain
fall since September 1. 28.40 inohes: defi
ciency of rainfall since September 1, 1919.
6.57 Inches. Sunrise, 7:19 A. M.; sunset,
5:32 P. M.; total sunshine. 30 minuteti;
possible sunshine, 10 hours 13 minutes.
Moourlse, 1:52 A. M. : moonset, 11:25
A. M. Barometer (reduced sea level), 5
P. M., 30.28 Inches. Relative humidity
5 A M.. 92 per cent; noon, 70 per cent
P. M.. 72 per cent.
Gnlveston . .
St. Louis ...
Salt Lake ..
San Diego . .
26! 5 '0.001. .INW
22 3(10.00 ..IE
SO 34 0. 001. . NW.
24 2HI0.0I . .W
25 4SiO.no 14iNW
121 S2:0.0nl. . SE
31 52i0.00. .In
SOI... .... .. ....
SBl Sli'0.14 .. NW
32 40i0.0(W. .IB
SOI 4(1'0. 00,12 S
4l 2n.onl. .isw
18,0.0011:2 is IS
4 o.noi. . sw
2S 4;o.on. .
35 4710. Ool. ,
SS 64 0. 00
3SI0.00 . . E
4,l;0.00 . .s
38 '0. 00. .18
40'0.12 . . R
2R! 4210.001. . W
3lM 400.001.. SE
4L'I 4.s!o.oni . .Ik
241 4Si0.nol. .isw
tA. M. today.
P. M. report of preced-
1 cow. .,
2 cows. .
7 hogs. . .
11 DO 10.251 8 hogs. ..
843 5.23154 hois. .. 195 16.00
11.10 9.001 2 hogs... 233 13.00
940 7.501 7 hogs. .. 141 15.00
940 7.0OI 1 hog.... 231 11.60
720 9.00110 hogs... 262 16.20
6O0 6 00,30 hogs. . . 117 15.00
45 6.731 6 hogs... 151 16.00
81'0 7.0OI 3 hogs... 170 18.00
1OO0 8 50i 3 hogs... 262 14.15
7oi 5.00 77 hogs. .. 194 16.15
890 8.501 1 hog 290 1.1.75
110 17.001 s hogs... S 16.00
190 17.001 2 hogs... 220 16.00
9M 6.501 8 hogs... 230 1590
1620 7.25,17 hois. . . 234 15.90
Livestock prices at the Portland vsrdi
were as follows:
Best grain and pulp fed steers $12.5013.00
CI oice steers 11.5012.00
Good to choice steers....... 11.00911.60
Portland and vicinity Fair; gentle west
Oregon and Washington Fair; gentle
Fntore of Prices Uncertain a:
Stocks Bought for Shipment May
Go Back on Domestic Market.
The fall la foreign exchange has seri
ously curtailed the movement of dried
fruits through export channels, and has
also Influenced domestic buying throughout
the country. If stocks intended for the
market abroad are turned back, wholly
or in part, to the domestic markets, condi
tions will change materially. Buyers are
playing a waiting game at present while
the situation develops. They are making
Information Inquiries to keep In touch
with the trend of events, but they are
baying only in a small way.
The entire list is inactive except raisins.
and la this line there is no rush to buy,
as was the case a short time ago. More
confidence Is noticeable as the apprehen
sion that stocks intended for foreign ac
count would break the market has been
relieved to a considerable extent. Export
ers have discovered that they were of.
fering their stocks below the market and
tnere Is less pressure on their part to selL
Soma delays In getting cancellations of
contracts for steamer space have also cut
down offerings of foreign stocks. Supplies
on tne facinc coast are sharply reduced.
a.u uaruiy do round except in a
small way, while Thompsons and seeded
are scarce. The movement is In small lots
ax sun prices.
Prune are not moving sxcent in
limited way, as the. domestic outlet is the
only one available. Peaches. Dr. .d
appie are also dull.
EASTERN MARKET FOR HIDES LOWER
Prices Hera Not Affected by Decline; Buy
Ing by Selection Continues.
The eastern market for hides nrt
is mucn lower, accoring to renort. t.
..It.i1 Kv I ...... i j ,
j Mvmt ueaiers. However, no
cnange nas been made In prices here, ex-
uunng tne last few days. Local
dealers are now paying 29 cents for hides
of 45 pounds or less, and 24 cents fo
more than 45 pounds. Green and salted
calf skins are quoted at 72 cents, kip at
u conis ana duiis at 21 cents.
it is reported that some dealer ,..
uecu uuying on the basis of iNo. 1 nrt v,
2 selections. The government required thai
system during the war, but cancelled II
on February 1. 1919, and ,lncB th. ..
other dealers have been buying their
mo.es at a flat price. The shlDn.e ri
not always know the grade of the hide.
is seumg, out with a flat price offered
mm ne Knows what he gets.
SHIPMENTS OF POTATOES LIGHT
Market Is Steady Local I r
The potato market was steady with a
moderate local trade. One car was shipped
to Stockton. Jobbers held Oregon Bur
banks at $4 to $4.50 and Yakima Netted
Gems at J4.76 to 5.25. Market condition
al shipping points were wired as follows:
Greeley, Colo. Practically no haukna-
light wire Inquiry; demand poor, movement
limited; market unsettled. Some buyers
holding off, some growers holding for
higher prices. Wagonloads, cash to grow
ers at country loading points Rurals and
Pearls, U. S. No. 1, very few sales. S3. 50:
some stock of ordinary quality, moldy and
worm tracked, S3. 25.
Idaho Falls, Idaho. Hauling very light
on account of the condition of roads and
growers holding for higher prices. Almost
two few sales to establish a market. Ru
rals $3.75, Russets $3.90.
HOOD RIVER APPLES IN EAST
No Car Sold
la Northwest Exeept
There was but little Inquiry In the local
apple market. Former prices were quoted
Twenty-two cars were shipped On Wednesday.
No report was received from the New
York market on account of the holiday. At
Philadelphia. Hood River Spitzenbergs,
extra fancy, medium to large, sold at
$3 to $3.15.
In the northwest f. o. b. markets no
sales were reported except rollers.
No Session of Merchants Exchange.
There was no session of the Merchants'
Exchange yesterday on account of the
holiday. Trading in the open market was
very quiet and most of the houses closed
Terminal receipts, in cars, were reported
by the Merchants' Exchange as follows:
Tear ago 27
Season to date.. 5907
Tear ano 6148
Tacoma Wed... 29
Tear atro 21
Season to date. .4940
Tear ago 4622
Slow Market for Eggs.
The egg market was slow and rather
weak. On the street sales were made at
41tt cents, case count.
Butter was steady and unchanged with
cubes offered at 4849 cents.
Poultry receipts, were llpjit and prices
held firm. No dressed meat was inspected
or sold owing to the holiday.
Lard Prices Lower.
A decline of 2tt cents a pound in lard
prices was announced yesterday. Shorten
ing quotations are reduced 2 cents.
PORTLAND MARKET QUOTATIONS
Grain, Flour, Feed, Etc. .
No session Merchants' Exchange, holiday:
WHEAT Government basis, $2.20 par
FLOUR Family patents. S13.15; bakers'
hard wheat, $13.75; whole wheat, $12.0$:
graham, $11.80; valley, $11.40; straights,
$11 per barrel.
MILLFEEP Prices f. o. b. mill, etty
cartage 2 extra. Mill run, car lota or
mixed cars, $42.50 per ton; rolled barley
$71; rolled oats, $63.50; ground barley, $71
scratch -feed, $80.
CORN Whole, $64; cracked, $86 per ton
HAY Buying prices, f. o. b. Portland;
Alfalfa, $31.60; cheat, $20; clover, $26;
oats and vetch. $26; valley timothy. $20
Dairy ana Conn try Prodnee.
BUTTER Cubes, extras, B859o per
lb.; prints, parchment wrappers, box lots,
62c; cartons, 63c; half boxes, Ho more; less
than half boxes, lc more; butterfat. No. 1,
69 80c per pound at stations; Portland
delivery, ordinary grades, 62c; A grade,
SGGS Jobbing prices to retailers: Ore
gon ranch, case count, 41H4M2c; candled,
45c; selects, 50c.
CHEESE Tillamook, f. o. b. Tillamook:
Triplets, 32c; Young Americas, 880; long
horns, 83c. Coos and Curry, f. o. b.
Myrtle Point: Triplets. 81c; Young Amer
icas, 82 He
POULTRY Hens, 3034c; springs, 28
30c: ducks, 3540c; geese, 2025c; tur
keys, live, 40c; dressed, choice, 02c...
VEAL Fancy, 26c per pound.
PORK Fancy, 20 21c per pound.
Fruits and Vegetable.
FRUITS Oranges, $46; lemons.
$6.257.25 per box; grapetrult, $3.257
per box; bananas, 10llc per pound; ap
ples, 90c$2.50 per box; cranberries, $5
5.50 per box, $15 per barrel.
VEGETABLES Caubage. 52 J? 7c per lb.;
lettuce. $2.75350 per crate; beets, $3.60
per sack; cucumbers, $22.26 dos.: carrots,
$1.5011.75 per sack; celery, $9.60910.50
per crate; horseradish. 15c per pound; gar
lic. 40e per pound; turnips $3.50 per sack;
cauliflower, $1.753.25 per crate; toma
toes. $5 per box: snrouts. 1717Uc per
pound; parsnips, $3.50 per sack: arti
chokes, $2 per dozen: peppers, 35c per
pound; spinach, $2.7504.25 per box; rhu
barb, ZOc per pound.
POTATOES Oreeon, $44.50 per sack:
Yaklmas, $4.755.25; sweets, 78Vio pet
ONIONS Oregon, 65e per pound.
Local Jobbing quotations:
SUGAR Sack basis: Cane, granulated,
16.90c per pound; beet, 11.27c; extra C,
15.50c; Golden C, 15.40c; Yellow D, 13.30c;
cube, in barrels, 16.75a -
NUTS Walnuts. 3239c; Brazil nuts,
30c; filberts, 35c; almonds, .85)38c; pea
nuts, 1515c; cbestnuta, 25c; pecans, J
32c; hickory nuts 15lbc; cocoanuts, $2
SALT Half ground, 100s, $17.75 per ton;
60s, $19.50 per ton; dairy, $26.502S per
ton: best refined, 50s, $36.50.
RICE Blue Rose, 16c per pound.
BEANS White, 814c; pink, 814c; lima,
17c per pound; bayous. 10c; Mexican red.
8c per pound.
COFFEE Roasted. In drums. 39051a,
Local jobbing quotations:
HAMS All sizes. 34637c; skinned, 27
35c; picnic 2728c; cottage roll, 30c.
LARD Tierce basis, 2Sc; compound. 26c
DRY SALT snort, clear backs, 2S32e;
BAGOJN ancy. i If 00c ; standard, 33
Hops, Wool, Etc
HOPS 1919 crop, 80c per pound, 3-year
contracts, 45c average
MOHAIR Long staple, 40945c: short
staple, 25 30c.
tallow imo. i too; iso. z, go per
t, AM flltA d&ha mow, 11c ; old. lc
wool eastern Oregon, rine. 40 50c:
medium, 45R0c: coarse, 35S7c; valley,
medium, 50 52c; coarse, 85 37c.
LINSEED OIL Raw, barrels, $2.06;
raw, cases, $z.zi; Douea, Darreis, $2.08;
boiled, drums, $2.11; boiled, cases, $2.23.
TURPifiTiiN lanas, z.id; cases.
COAL, jlLd iron Darreis, lOttW-LOc; tana
wagons, lHMic; cases, hwaic.
GASOLilNS iron barrels, zso; tank
wagons, 25c; cases. 35 lie
Hideo, felts and Furs.
WTTiES Salted, all weights, 242c;
green, 2025c; calf, green or salted, 72c;
kip, 40c; DUlts, sailed, ic; Kretjn, i(c;
horse hides, small, $3; medium, $4.50,
large. $07; dry hides, 35c: dry salted,
29e: drv calf. 6575c; dry salted calf. 60c
PELXo ureen satiea, eacn, iio; greeu
salted shearlings, eacn, oocwt; ary pelts.
full wool, per pound, 32c; dry snore wool.
per pound, 23o; dry snearnngs, eacn, -'D'j
0c: salted goats. $13, according to size;
salted goat shearlings, 25c$l; dry goats.
Inn), hair. Der Dound. 25c
FURS Good grade, extra large, large
and medium sizes: Skunks, black. $3. 5Gy
8.50: short, $2.767; narrow. $25; broad.
75c$2.25. Fox, red, $1045; gray. $2
raccoon, l.nuigjw; mmK, oarK. iwiyn
Can be paid from the handsome Interest returns obtainable on
the following; securities:
. , Due Yield
International Cotton Mm 7s J. ... . 1929 7.00
Consolidated Gas Co. of New York, Conv. 7s 1925 7.00
Province of Alberta 5s 1929 7.00
American Gas and Electric 6s 1921 7.10
Philadelphia Electric Co. Sec. 6s 1922 7.25
Consumer's Power Co. Gen. & Ref. 7s 1930 7.30
(Exempt from Normal Income Tax)
Pacific Gas and Electric Co. 6 Pref.
Holt Manufacturing; Co. 7 Pref.
Zellerbach Paper Co. 1 Pref
Write or call for our free pamphlet showing by actual illus
tration, how to make out your income tax statement.
Blyth, Witter & Co.
United States Government, Municipal and Corporation Bonds.
- 402 Yeon Building, Portland, Oregon.
Telephone Main 3304.
San Francisco Seattle New York Los Angeles
ordinary, $2.308: winter muskrat, SI
3.50; wolf or coyote, soft, silky, $820;
average, $513; white weasel or ermine,
50c$2; lynx, heavy furred, $1565: or
dinary, $1550; lynx cat, heavy, $513:
ordinary, $3(99; otter, dark. $1125; or
dinary, $821; marten, pale, brown or
dark, $530; fisher,, pale, brofti or dark,
$120-80; bear, black, $1620; brown, HQ
14; wildcat, 25ciii$2; civet cat. 10c$l;
house cat, 10 60c; ring tails, 25c$2;
jackrabbit. 106 20c; moleskins, 5 30c
Seattle Feed and Hay.
Seattle, Feb. 12. City delivery: Feed,
mill, $49 per ton: scratch feed,. $S4; feed
wheat, $87; all grain chop, $75; oats, $72;
sprouting oats. $74: rolled oats. 172: whole
corn, $72; cracked corn, $74; rolled barley,
$78: clipped barley, $82.
Hay: Eastern Washington timothy
mixed, $3S$39 per ton; double compressed,-
$42; alfalfa. $35; -straw, $17
IS; Puget Sound, $33.
Eastern Exchanges Closed.
NEW YORK, Feb. 12. The financial
and commodity exchanges were closed to
day, Lincoln's birthday.
SAVANNAH, Ga.. Feb. 12. Turpentine,
nominal; $1.06; sales, none; receipts, 18;
shipments. 36; stock, 9075.
Rosin Nominal on D and above: noth
Free From All Federal Iaroma Taie.
7 Improvement District Bonds
Datrdi Jaaaae-r 2-1. "'
DKNOMINATION f lOfl. . ,
(Excepting; one fractional bond of 7!vM
Bonds estimated to mature!
S47S.KI Jaanary W, 1021 hhi.TJ
4oo.no " xa, ii22 i it i. a
4Hi.no " sa, 1112a 1112.02
40O.00 " ja, IR2I 1112.62
4IMUKI 2:1, 1112. Ilia.!1
4mi.mi 2a, ma in..7
5UO.0O . 2a, 11127 104.20
PRICE: TO NET 6
LIBERTY and VICTORY BONDS
If you mailt t 1 1 your TJbrrtT r Vlrtorr ltnn4n. HI to u.
If yon ran buy mora Ub-rrtr or Victory boniltt, buy fruin u.
On February 12. 1WJ0, we paid the cloi-tnfr, Nw Ynrk markt-t pr1' f F
rnary 11, 1920 (account February l'l bflmr a holiday.. Tht-y are the lovi-rn-lng
prices for Liberty and Victory bonds all over the world, and the hiKl-t.
We advertise these prices dally In ordor that ou inav alava know tlio Niir
York market and the exact value of your Liberty hh1 Vt tnry Jtin!:
lat 1st ad lut 1M th V iot-irv
3ts 4 4 4 4Hn 4S 4 3"k n
Market. . . $96.70 0Hrt $H0 30 $01.70 f yo MO $:3 t'Jl i'7.7 f:7.7
Interest.. .fid .64 .9 .04 104 1 J.'i 1 3'J .( .7tt
Total. .197.26 $91.44 $01.28 $92.3 $!l M $:ft M $!2.4ft $,,.1 $19 M
When buyiny we deduct 37c on a i0 bond and .".0 on a $1"Ul bund.
sell at the New York market, plus the m erund lntrnt.
BJJJJJJJJJJJJJJJB--BJJ-BBBI-lOur jlar and Fireproof Safe Deposit Itoxea tor Kcnt.fJBaMIIJJBBBBB
OPKN 1TIL S P. M. OX 8.VTI KIXAYM.
MORRIS BROTHERS, Inc.
Tbe Premier Municipal Bond Iloosa. Capital Oae Million Hollar,
atoms Building. 80S-3U Stark Ft.. Itelweon MM and tl'u.
Telephone Broadway 2131. Established over a quarter century.
quote: B D E F. $17: O H I $17 .2; K.
$18; M, $19; N, $20; W G, $20.80; W V,
rhiearo Dairy Produce.
CHICAGO, Keb. 12. Butter, firm.
Eggs, higher. Receipts, 8001 rases;
firsts. MtralHc; ordinary firsts, 4244Hc;
at mark, cases included, 49QfOttc.
Poultry: Alive, lower. (Sprint. 80c;
Bombay IXaomint Kate Riilvd.
POJIHAV. Fell. 12 The rale of A.m.
count of tit JlKiik of Bombay nas rata d
from 6 to 7 per cent today.
I.OXDOX, Feb. 11. Bar sllnr. S
Money and dHoonnt nnrlisnsd.
Practically the wliolo town of New
fields, N. H., la owned by women of
t ir--; vs.
FACTS, NO. 502
12 ... 1
8 7 2 19
169 279 7 4 00 1274
869 1735 $69 2498
6S 145 643
27 132 9111
READY FOR USE
Complaints that highways
are kept closed during
surfacing- is constantly
recurring. It Is impossi
ble to compute the loss in
actual dollars or the In
c o n-v e n t ence attending
this state of affairs. This
contingency never hap
pens when roads are
WARREN BROTHERS CO.
iVt and 5-doz. crate, $2.00
SHERIDAN-BECK LEY CO,
Phone East 5801 341 East Alder
Not being able or willing to offer something for nothing,
our clientele is1 necessarily confined to those who give and
expect no more than value received. The number of these
is growing steadily.
Qarstens & garles, Jncorporated
"The House BuUt Square"
Third Floor U. S. Nat. Bank Bldg.
Real Estate Bonds
6 Net 6
Fi--st Mortgage Bonds
Mortgage Debt $20,000
Improved Portland Business
Pacific Coast Mortgage Co.
319 Rr. Exch. Bldg.
1 ttelifwl 1
John Y. Richardson & Co.
Certified Public Accountants
INCOME TAX CONSULTANTS
Concoid Building, Portland, Or.
Telephone Main 8231
SiMx Tin ami Met list
SULLIVAN HIDE & WOOL CO,
144 Front St
Tidal Swings of the Stock Market
Explalnlnr the genera! laws -upon which
the rise and fall of the market depend.
In book form. Price $1.81, postpaid.
Ticker Pub. Co., SSV Hew Btl, K, V, t'lt.
The Consumers Power Company, operating in lower
Michigan, serves one of the most important and rapidly
growing industrial sections of the entire country in
cluding many nationally known concerns.
The electric light and power business contributes more
than 85 of aggregate net earnings.
The capacity of electric generating stations is 202,000
horsepower. The hydro-electric stations produce over
57 of the electrical output.
Upon completion of the present financing, the Bonds
and Debentures will stand ahead of $27,298,600 par
value dividend paying capital stock.
The Bonds will be secured by a mortgage containing
exceptionally conservative provisions with respect to
the issuance of bonds in the future, maintenance of the
properties, sinking fund, etc
Net earnings are over twice annual interest charges
on outstanding funded debt including the present issues
of Bonds and Debentures.
Sales of electric current are well diversified; 16 to
motor car and allied industries; 8 to machine shops;
6 to food product and furniture concerns; 21 to
other manufacturers; 10 to electric railways, and
39 to residential and other lighting.
Yours very truly,
ran Hi I : ;ii il
ILy ;'-t '.-V ?
ts7 s t-Tii-, i sz-it-x- i i -i n r i . . , i m i . s i ij"m j ; ' . v. vi
Wm . Is IraSli! Hill
rent zymiM&&zwr mm-w m. r W - wiu v. ww vl mi? i w iiv-rr- 1 uiuu.
Vggmmm . consumers power company : &!
WmMmSm- The National City Company, ' I'M J 0FfM
1 - mL& j
ANO OTTI F.R
74 IN ALU
CONSUMERS POWER COMPANY
General and Refunding Mortgage Ten-Year
1 Gold Bonds, Series "A"
Datad Jan. 1, 1920 . I8M
Interest peyable Jannarr 1 aad Julr 1 In rJw York arlthont 5e
duction ol the Normal Federal Income Tea oi 2. Coupon Bond,
in denominations of $100, 1500 end 1,000 each, reenterable ai to
principal only. Registered Bond! ill denominations oi $1,000, SS.000
and 110,000 each.
Redeemable as a whole oc In part at the option of the Company oa
any Intereet payment date upon slaty days' prior notice at face alue
and accrued interest pins a premium of 'A 'It for each year or
portion of a year between the data of redemption and maturity.
Price 98 and Interest to yield 7.28
Seven Per Cent Serial Gold Debentures
Dated as of Feb. t. 1920
Mattering $900,000 aach Feb. 1 fraaa IK2 to 10 Inclnsl-
Interest payable February 1 an! Aofast I In New York without
deduction lor the Normal Federal Income Tax of 2. Coupon
Debentures in denominations of (S00 and f 1.004 earn (also 1 1 00
in the case of Debentures maturing February 1, 127), registerable
aa to principal only.
Callable an the first day at any month at 109 and Interest foe
Debentures ms tunes three years or more (rata the redemption date;
at 102 and Intereet for Debentures net ring two or mora but
lees than three yeare from the redemption ear end at 101 and
interest for Debentures maturing lees Una two yesrs from the. re
Prices of all Debentures to yield about 7.75
Securities are ofTerae! If, ano! whan laauod and rooalyexl hjr ua '
Ieelea lefts eaMUdk tkt liai is a MMUm, miU se rMtae Im tks mirmtUr dttmriklmt tk Imtm mJUek mmW ke aea( Mm rraa4
The National City Company
Correspendent Offices In eye 60 Cities
Portland Yeon Building
Telephone 6072 Main. .