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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (April 14, 1920)
T1IK 3IORXING ,OREGONIA WEDNESDAY, APRIL 14, 1920 Farmers paying for HIGH STORAGE RATE Consumers Will Also Feel Ef fect of Charges Here. EGGS SHIPPED TO SEATTLE Portland Dealers Use Northern Coolers Owing to Expense of L.ocaI Storing. The high storage rate charged by the Portland cold storage firms Is causing Portland egg dealors to hlp tiieir eggs to Seattle for storage. Many carjoads have been shipped from this city to, the sound. When they are required in trie fall they will b drawn out and brought to this city. Even with the freight both ways, the combined charges are much less than it would cost to store eggs here. Seattle cold storage houses charge a flat rate of 53 cents a case for the entire sea son. At Portland the rate is GO cents per month for the first 100 cases, 20 cents for the first month on all over 100 cases and 12 cents a case for each month fol lowing the first month. Therefore spec ulators in Oregon eggs find It much more profitable to store in Seattle the eggs that will later be needed in the Portland trade. That the dealers here are handicapped by the excessive storage rates is shown by the scredule of egg storage charges in other cities, which are here given: . 1st Sucdg mo. mow. Ijos Angeles ....... 15 .06 Ttoeton .. 00 .07 Cleveland . 15 .07 Pittsburg 18 .07 Detroit 15 .Of, New York 15 .o St. Lou in 15 .06 Philadelphia .15 .07 ChicsKO 12 .05 Duluth 10 .07 With the Portlae.3. egg storage rate the highest of any large city In the country It can be readily seen that the farmers in the territory tributary to thiscity can not get all they should for their eggs and furthermore that the cost to consumers In the later period must be increased. GRAIN BAGS ARE STRONGLY HELD Strength of Market Iue to California Crop Situation. The grain bag market was strong with dealers quoting carlots at 21 and 22 cents. The strength of the market is entirely a reflection of the California crop situation .though some of the men in the trade, who started out on the wrong side of the mar ket. are making charges of conspiracy by the large importers. Calcutta purchases to date, according to the latest cable, have been only 30.000,000 bags and this is plenty of proof of the strength of the mar ket in view of the great improvement that has taken place in the crop outlook in California. The tratfng locally is de clared to be on a legitimate dealers' basis, though there has undoubtedly been much speculation in contracts on the Seattle market. The wbeat market was firm yesterday with 32 cents bid for club. The demand for hard wheat was small. Coarse grain trade was quiet. Sacked oats were 50 cents lower on bid at the merchants' ex change and April corn was down 25 cents. Other bids were unchanged from Monday. The Northwestern Miller says: "Weather conditions are very favorable to the grow ing crop. Conditions are improving throughout 'Missouri and southern Illinois. The fields are looking green but slightly spotted. Fly-infested wheat is being changed to oats." Tonninal receipts, in cars, were re ported by the merchants' exchange as follows: Wt. Bar. Kir. Oats Hay fort iana xuea. . 4 Year ago .... 2 Season to date. 7651 171 980 1 "so 32 1 3525 22116 ' 23 422 1065 631 2i00 4 Year aco . , . ,6k4' Tacoma Mon. . K Year ago .... 27 Season to date 0337 Year ago ....5161 Seattle Hon... 14 Year aso .... 41 Season to date 5541 Year aso ....5156 2848 171 9 IS 4 1 13.1 2417 6.17 523 WHITB AD BROWN EGG PRICES. Dealer, Not All in Vavor at Wide Differ ential. Some, of the larjer esff dealers do not take kindly to the suggestion of a Port land firm that a differential of 4 cents or thereabouts be made in the buying price of white and brown eggs and they declare they will continue to pay the. same price lor both sorts of fresh csss. Their bids to country shippers yesterday were 36 eents for either brown or white eggs. One firm offered a premium of 2 cents for solect hennery eggs, but a a rule they were, averse o discriminating on the point of color, except to the extent pos sibly of .half a cent or a, cent in favor of all whites. Local consumers do not have much preference for color, and while in some of tho larger markets, notably New York, white eggs are graded higher than browns in other markets like Boston the brown egg takes the first place. Kgg shipments to fhe sound are still held up by tho strike. There was a fair local jobbing trade on the basis of 39 cents for candled, ranch and up to 42 cents for selects. Tho butter market was steady with no cversupply and no indication of any early change in print or cube quotations. Poultry and dressed meats were in mod erate supply and pricts were unchanged. FLOIK AGAIN ADVANCES IN EAST TriceS Lp 10 to 3 Cents, Owing to Wheat Strength. MINNKAPOLIS, Minn., April 13. (Spe cial.) The Northwestern Millers' Weekly Review of the flour trade says: 'Flour prices have gone up 10 to 23 eonts per barrel in the past week, re flecting the strength and scarcity of good milling wheat. The demand for patents has been light but sufficiently improved over the extreme dullness of recent weeks to Indicate a coming revival in domestic demand. Clears for exort have been in exceptionally good demand with supplies light. "Car shortage and railroad strikes have seriously Interfered with the operation of some of the mills, but In general the out put has remained fairly steady, the Kansas-Oklahoma hard winter wheat mills reporting an output last week representing 47 per cent of capacity, the Ohio valley soft winter wheat mills 44 per cent and the spring wheat mills 34 per cent. Small Decrease In Wheat Supply. The American wheat visible supply statement compares as follows: Bushels. Decrease. April 12, 1920 44.2S1.000 506,000 April 14. 19 19 75.048.000 8,000.000 April 15, 1918 3.465,000 1.23O.OO0 April 16, 1917 34.253.000 3,221,000 April 17. 1916 53,553.000 3,038.000 The corn visible is 5,504,000 bushels, a decrease of 12,000 bushels: oats visible 8.108,000 bushels, dcrease 366,000 bushels; ryo visible 19,265,000 bushels; barley, 3,812,000 bushels. Corn Firmer in (irrat Britain.' There is no important change, Broom hall tables, In the corn situation In the United Kingdom, American mixed sorts being offered at S7s per 480 pounds aTloat, parcels. Trade in Argentine'is on a some what larger scale and prices displayed a trifle firmer tone, plate being offered in larger quantities due to continued weak ness in freights between Argentina and United Kingdom. Argentine markets are till steady. Foreign oats on spot in tho United Kingdom remain dull. , Argentine oats remain firm, but market is quiet. Decline in Wheat Shipments. Wneat -shipments for the past and former weeks were: Wk End's Wk End'8 Wk End's April 10 April 3 April 12-19 U. S. and Canada . Argentina. . Australia. .. India 2,60.000 7,204.000 748.000 4.360.0OO 5,603,000 1,108,000 8.5R9.0O0 1.8J8.000 2.23O.OO0 Total ....10.S61.000 11.221.000 12,617,000 Shipments -for the season to date com pare as follows: Total Since Same Period July 1-19 Last Season 238.118.000 242,042,000 157.126.000 68.7H2.0OO S0.583.OllO 42.436.O0U 120,000 5.461.OO0 TJ. S. and Canada. Argentina Australia India Total . . 473,947.000 358.735.000 Strike Stop Onion and Potato Trade. Produce receipts from the south yes terday Included a car each of lettuce. tomatoes and mixed vegetables. The freight was trucked In from Brooklyn. The movement of onions and potatoes has oeen halted by the strike. Asparagus was plentiful on the street and moved fairly well at 12K&15 cents. Rhubarb was steady at 8 cents. A ship ment of strawberries Is due Friday. Lard and Shortening at Same Price. An advance of one cent in hams of all sizes was announced yesterday. Lard de clined half a cent, putUng It at the same price as shortening. Bank Clearings. Bank Clearinirs of thu nnrf hwMrtr 4tfa yesterday were as follows: ., Clearings. Balance. Portland J7.4H8.20l S 720.901 Seattle 0,131.015 1,6!7.608 Tacoma 1,318.011 240.724 Spokane 2,136.847 618.621 PORTLAM) MARKET QUOTATIONS Grain, Floor, Feed. Etc. Merchants' Exchange, noon session: Bid April. May. 159.50 160.00 . 64.00 65.00 . 60.00 61.00 . 61.00 61.50 . 66.50 65.50 Cats No. 3 white feed . Corn No. 3 yellow Kastern strain but uo-id. clipped iS-lb. clipped torn No. 3 yellow WHEAT Government basis, $2.20 per bushel. FLOUR Family patents, $13.15; bakers, hard wheat, $13.75; white wheat, li.05; sraham, $11.80; valley, $11.40; straights. $11 per barrel. MILLFEBD Prices f. o. b. mill, city cartage $1.50 extra; mill run, car lots of mixed cars, $42 per ton; rolled barley. $72; rolled oats, $66; ground barley. $72; scratch feed, $84. CORN Whole, $74; cracked, $76 per ton. HAY Buying price, f. o. b, Portland: Alfalfa, $31.50: cheat, $19; oats and vetch, $20; valley timothy, $l'S&Ui). r- Dairy and Country Produce. BUTTER Cubes, extras, 5960c pound; prints, parchment wrappers, box lots 63c per pound; cartons, 64c; half boxes, o more; leas than half boxes, 1c more; but t erf at. No. 1, 62 63c per pound at sta tions; Portland delivery, ordinary grades, 64c. EGGS Jobbing price to retailers, Ore gon ranch, case count, 37c; candled, 39c; selects, 42c. CHEESE Tillamook, f. o. b. Tillamook: Triplets, 32c; Young Americas,. 33c; long horns, 33c. Coos and Curry, f. o. b. Myrtle Point: Triplets, 3lc; Young Amer icas, 32c. POULTRY Hens, 36937c; broilers, 50c; dunks, 45c; geee, 2Q'fi 35c ; turkeys, live, 40c : dressed, choice, 50c. VEAL. Fancy, 23c per pound. PORK Fancy. 22Vjc per lb. fruits and Vegetable. FRUITS Oranges, $3.50.7.25; "lemons, $5. 25(g) 6.25 per box; prapefruit, $3.257.50 Dr box: bananas. 3 01211c per pound: ap- per OH8KCI. VEGETABLES Cabbage.' 56'6c pound; lettuce, $4.50&4.75 crate; cucumbers, $1.25 &;3 per dozen; carrots, $3$34 per sack; cel ery, $7&8.50 per crate; horseradish, 20c per pound; garlic, 40&45c per pound ; cauli flower, $1.752.50 per crate; tomatoes, $4 4.25 per box; parsnips, $3.50 ) 4 per sack; artichokes, $1.50& 1.73 per dozen; spinach, $1.65 per box; rhubarb, 8c per pound, peas, 15 17c per pound; asparagus, 12 hi 01 5c per pound. POTATOES Oregons, $7if7.50 per pack; Yakimas, SS.50; new California, 16c per pound : sweets, lflc pound. ONIONS Oregon, $8.50 g 7.0 per sack; Australian Browns, $7 7.50 per sack. Staple Groceries. Local jobbing quotations: SUGAR Sack basis. Cane granulated, 16.30& 16.75c per pound: extra C, 13.90i9 16.35c: Golden C, 15.8016.25c: Tellow D, 13.70f&'10.15c: cube, in barrels. 17.15 17 60c : powdered, in barrels, 17.7518.20c. NUTS Walnuts, 82iz39c; Brazil nuts. "Oc; filberts. '35c; almonds, 353Sc; pea nuts, 15fftJ15Hc; chestnuts. 25c; pecans. ; hickory nuts, lo16c; cocoanuts, $2 per dozen. SALT Hair ground. lOOs, J7.. per ton: 50s, $19.50 per ton: dairy. $26.5028 per ton: best refinrwl, SOs. $36.50. RTCE Blue Rose. 16c per pound. BEANS White. SUc; pink. S'ic; lima. 13c per pound; bayous, 10c; Mexican reds. Sc per pound. COFFEE Roasted, in drums, 3951c Provisions. I.oca7 Jobbing quotations. HAMS All sizes. 37!&40c; skinned 31 42c: picnic, 24fd25c: cottage roll, 30c. LARD Tierce basis, 25c; compound 25c per pound. ' DRY SALT Short, clear bucks, 23329c per pouna: plates. 2-"e. BACON Fancy, 4432c; standard, 33 a 41c per pound. Tildes and Pelts. HIDES Salt hides, under 45 lbs., 2c; green hides, under 45 lbs., 25c: salt hides. over 43 lbs., 21c: green hides, over 43 lbs.. 18c: green or salt calf, to 15 lbs.. 7c: green or salt kip. 15 to 30 lbs., 30c; salt bulls. 17c: green bulls, I4c: dry tildes. 82c; dry salt hides. 26c; dry calf, under 7 lbs., 55c: salt horse, large.-$8; salt horse, me dium. 17: salt horse, small. $6: dry horse, large. 94: dry horse, medium, $3: dry horse, small. 2. , PELTS Dry pelts, fine long wool, 33c dry pelts, medium long wool, 30c; dry pelts, coarsp long wool, 25c: salt pelts, long wool. March take-off. S3 to S4: dry goat, long hair, pounds 2Scj. dry goat, short hair, pound. 20c. Hops, Wool. Etc. HOPS 1919 crop, 95c per pound; three-year contracts. 45c average; one year contracts. 65c. MOHAIR Long staple, 33c36c; short staple, 25'830e. TALLOW No. 1,' 1214c; No. 2. 10io per pound. CASCAR A BARK Per pound. lOeiUjC: car lots, 12'ic. WOOL Eastern Oregon, 40'30c; valley, medium. oOa 52c; coarse, 39'&57c. GRAIN BAGS Car lots. 21 & 22c. Oils. LINSEED OIL Raw, barrels, 2.0; raw, cases, $2.21; boiled, barrels. $2.08; boiled, drums, $2.11; boiled, cases, $2.23. TURPENTINE Tanks, $2.46; cases, $2.61. COAL OIL Iron barrels, 1414 17e: cases. 276i84ci GASOLINE Iron barrels, 27c; tank wagons. 2Tc; cases. 39 14c FUEL OIL Bulk. $2.10 per barael. Metal Market. NEW YORK, , April 13. Copper un changed. Iron unchanged. Tin easier; spot, 63.2oc; April to June, 62.500. Antimony, 10.8714c. Lead dull; spot and April, 9.25c hid. Zinc steady. East St. Louis delivery, spof, 8.35c bid, 8.60c asked. New Y ork Sugar Market. NEW YORK, April 13. Raw sugar firm: centrifugal, $17.80; fine grahulated, $16150. HERRIN & RHODES, Inc. Portland Seattle Tacoma BROKERS Direct Private Wires to All Exchanges Members of Chicago Board of Trade, Chicago. STOCKS BONDS COTTON GRAIN Correspondents 201-202-203 E. F. Hutton & Co., New York Railway Exchange Building Clement, Curtis & Co., Chicago . Telephones: Ha j den, Stone & Co., Boston Main 283 Main 284 R. P. EFFING ER, Manager PORTLAND, OREGON SPECIAL STOCKS STRONG TIMBERS LESS IXFXtEXCED BY RAILROAD STRIKE. Foreign Exchange Market Rallies, - but Money Conditions Are Un changed ; Declines in Bonds. NEW YORK, Aprtl 13. Traders and professional interests almost as a whole seem?d disposed to pay less attention to the strike today, basing their more con fident attitude on tne belief that the strike is waning. The stock, market was strong only In spots, however, food shares, secondary steels, equipments? shippings and miscel laneous specialties making variable gains, while industrial leaders were irregular and occasionally heavy. Conditions in he money market were not materially altered, call loans opening at 7 per cent and advancing to 12 per cent. Time funds were increasingly scarce. Foreign exchange rallied from its de pression, due chiefly, it was believed, to reduced offerings. British, French and Italian, bills made up part of yesterday's reversal, but the German mark broke sharply Fresh Interest attached to the gold ex port movement by reason of further ex tensive engagements of the metal for ship ment to South. America.' Sales, 1,050,000 shares. Bopds did not share the strength of the stock market, that division suffering fur ther Impairment from the weakness of liberty and victory issues. Total sales, par value, $i::,375,000. Old United States 2s rose 3fc on call, and Panama 3s declined 1 point on call; othars unchanged. CLOSING STOCK QUOTATIONS. Last Sales. Am Beet Suf.'34.sH Am Can 1,800 Am far & FVly 1.6O0 Am HAL, pfd 50 Am Loco .... 5,4o Am Sm 4 RTj 500 Am Suijar RTg 15.200 Am Sum Too. 4.000 Am Tel 4 Tel 1,300 Am I. A 8m 2O0 Anaconda Cop 4. 600 Atchison .1.500 AG&WISS -JbOO Baldwin Loco. 49 o00 Bait & Ohio . . 500 Beth Steel B. 14,100 B & s Copper 5"0 Calif Petrol . . joo Canadian Pac. BOO Cent Leather, l.soo Chea Ohio.. ,vo Chi M 4 St P 6O0 Chi K I ft Pac 9.200 Chlno Copper. 500 Col Fu & Iron 5 Corn Products 41.300 Crucible Steel. U.6H Cuba Cane Sag 3.,4O0 U S Fd Prods. 2,000 Krie 500 High. 102 49 M 141 Vi 24 106 '4 68, 11 !S 18 ',4 172 142 33 07 Si 20, 3S? 1-'1 86 63 Tj r.H 34, iOlk M 1 (.- i "r84 68 'i 13 M ' 1 53 "A Low. 9714 47 ii 141 H 105 68 H 137 1, Salt. 101 ti 47 14214 24 105 141 8 4i 9614 63 81 U 108 Vi 1394 33 i 9714 26 38 i 121 14 85 T4 55 38H 361 1 39 10414 267 37H 6SH 131-j 153 356 77 37 1 j 88 "4 55 74 2214 83 J 6 14 31 14 205 24 47 2614 6414 1414 71 14 31 14 93:4 3614 107 14 40 '4 211 i 61 -i 19', S3 14 961fc 1814 62 SI 1i 1S 138 '4 3:114 90'i 26 38 H4 121 14 S3 55 3S14 33 T 3614 39 103 1; 266 SOU 06 Vi S49 7'4 37',, SS-i 55, 96 22 '4 81 1614 31 14 19S 24 464 215', 64 '4 14 71 31 '4 93 i4 S6T4 104 40 29 4 61 T, 19 'A 82 109 'I 1 1 14 41 V4 9714 ten Electric, l.eoo l,en Motors . . Ut .No pfd . . . 2.700 S64 Ws 1.5O0 77 Ut No Ore ctfs 500 3S"2 Illinois Central 3O0 Inspir Copper. 4.700 lilt M M pfd,. S.700 Inter Nickel... l,2oo Inter Paper. . 1,000 K CVSouthern. 600 Konnecott Cop' 1.MM) Mexican Petrol 7.HO0 Miami Copper 20 Midvale Steel. 2.."00 .Missouri Pac. oMt Montana Pow. 500 Nevada Cop.. 2IM) X Y Central . . yoo ' Y N II & II 2.5O0 Norf & West.. ::i0 Northern Pac. Si0 Pacific Mail.. lOO Pan-Am Pet.. 57. SIM) Pennsylvania.. tioo Pitts & W Va lOO 1 16'i 3114 205 2414 47 -''. 66 14 711a 3-'U 93 T, 77', .16 7. 107 ht 41 29 6J 19H . S3 U Hi's 1 1 ' 42 1,', 98 H 22, 121 'i 209 iIS 81", 95 1 05 i 12 7'.i Pittsburg Coal SnO Ray Con Cop. Reading 3.000 Rep lr L- Steel 42.0O0 Shat Aria Cop 3O0 Pin Oil & RTg. 14.S00 Southern Pac. 3.200 Southern Ry.. 1,600 111 '4 1114 42 9S4 Studebaker Co 17,200 121 '4 118 121 208 1 exas t,o .... 0.400. L'tio1. 2Uo ',4 Tobacco Prods 1,400 73 73 73 Pacific. 1.200 119 118 1 19 Untd Retl Strs " 4.9h) 81 78H U S Ind Ico. 6,'MIO it.-.'! 93 U S Steel.... 46,700 105 104 81 '4 9414 105 "-4 do pfd .... ."00 112 111 i Utah Copper. 4.20O 7614 7514 Westing Elect 600 52 51 H G'J Willys-Overlnd 2.500 2414 23 National Lead 3.7iK 90 S9 Ohio Cits Gas. 3,000 43 42 Royal Dutch. 18.600 109 107 24 90 92 1001; BONDS. TJ S Lib S14s. . .95.501 do coupon SS I do 1st 4s 90.50! Anglo-Fr 3s 98 do 2.1 4s 87.70iA T & T cv 6s.. 93'li 00 1st . .uo.aoi Ateh gen 4s.... 74' do 2d 4 87.60! L & R U con 4s 61 do 3d 414s. . . .91.70IN Y C deb 65.. SS do 4th 4 "is. . .87.82IN P 4s.. 71 i Victory 3s ...97.10iN P 3s 50 00 4s ui.ouiFac T & T 5s.. U S 2s res 101IPenn con 41-s. 85 87 '1 89 82 do coupon. .. 1 Ol is p cv 5s do 4s res. . .'lOttlilSo Ry 3s do cv 4s cou.106V-IU P 4s ..: 7914 Panama 3s reg.85 JU S Steel 3s.. 94 Bid. .Mining Storks at Boston. BOSTON, April 13.- Allouez S3 iNorth Butte ... 18 Ariz Com 13 lOld Dom 32;-j Calu & Ariz 4IOsceola 45 Calu '& liecla. .354 IQuincy 57 Centennial .... 13 'Superior 5 Cop Range .... 44 ISup & Boston... 5 East Butte .... 14 'Shannon 1 Franklin 3 14 Utah Con 8 Isle Rovalle ... 33 1 Winona 1 Lake Copper... 4 I Wolverine 19 Mohawk 66 I Money Exchange, TAr. NEW YORK. April 13. Mercantile paper, o-;4Cr per cent. Exchange strong. Sterling. 60-day bills. s.l.uo: commercial, eo-day bills on banks, $3.00; commercial, 00-day bills, $3.89; demand, $3.91; .cables, $3.94. Francs, demand, 10.37; cables. 16.35; Belgian francs, demand 15.32; cables 15.30; guild ers, demand 37: cables 37; lire, demand 23.02: canlcs 23.00 ; marks, demand 1,81': cables 1.82; drachmas S.7T. Covernment bonds, weak; railroad bonds, heavy. Time loans, strong: all dates 8 per cent. - Call money, strong. High, 10 per cent: low, 7 per cent; ruling rate. 7 per cent; closing bid. 9 per cent; offered at 10 per cent; last loan 10 per cent. After the close the following quotations were made: High. 32 per cent; closing bid 11 per cent; offered at 2 per cent; last loan, 12 per cent. Bank acceptances, S per cent. Bar silver, $1.19 per ounce. Mexlean dollars, 90c. LONDON. April 13. Bar silver, t9 per ounce. Money, 3 per cent. Discount rates Short bills. 3 per cent three months bills, 5 9-165 per cent. Swift Co. Stocks. Closing prices of Swift & Co. stocks at Chicago were reported by Overbeck Cooke company of Portland as follows: Swift & -Co j20 Llbby, McNeill ic Libby , 3114 National Leather 33r Swift International 42 BAN 1'RAN'CItSCO PRODUCE MARKET Prices Current oa Vegetables Fresh Fruits, Etc., at Bay City. SAX FRANCISCO, April 13. Butter Bxtra grades, 58c; prime firsts, nominal. Eggs Fresh extras, 42 c; firsts, 39c; extra pullets, 39c; undersized, 33c. Cheese Old style California flats fancy, 29c; firsts, 24c; Young Americas, 30c. Poultry California hens, large, 430145c; small. 404Ic; strictly young roosters. 50$z55c for good: old, 2225c; fryers, 55 100c; Droners. ;g30c for large; geese, per lb., 34 37c; ducks, 30 & 33c. Belgian hares, 210240; Jack rabbits, $33.50 per dozen. Turkeys, dressed, nominal. Pigeons, per dozen, $2.5O3.50; squabs, 5560c per to. vegetables Beans. Imperial Valley. 15 QT2oc per id. tor string; 2v30c for wax; bell peppers, Los Angeles. 2.1 g 00c; Hub bard squash, 4&3c per lb. i summer squash, per crate, $1.25 1.50; tomatoes. Mexican, .i.i.4; fancy. $5 ner 30 lb. lug; potatoes, rivers. $7.50 ft 8 per cen tal: plowouts, $6.757; sweet, 7?8c per lb.; new potatoes, 9012c per lb.; onions, Australian brown, $5.75 fj 6; Im perial Valley, 8c per lb.; wax. $3.50 4 per crate: cucumbers, hothouse, 93.504&4 per box; English, S2.1!5; garlic, 3540c per lb.; artichokes. 85976c; turnips, $1.75; carrots, $1,25 0) J .50; beets. $2.50 3; let tuce, southern, $1.25 3 .75, Imperial Val ley, $241 2.50; peas. 508c; asparagus. 70 9o; fancy graded. lO&llc; green aspara gus, 4 & 6c; spinach, per lb, 2Vs3c; green onions, $11.25 per box; celery, per crate, river. $1.502.50; Watsonvllle, $3&4; eggplant, Los Angeles, 85 40c per lb; cauliflower, per dozen, 75c0$l. Fruits Navels, $3.256.25; . Valeneias, $4.50 z 5.50; lemons, $3.255; grapefruit, $2. 25 3. 50; lemonettes. $i:.503; tanger ines, $39 3. SO per half orange box; ba nanas. Central American, 84 10c: pine apples, $46 per dozen; apples. Newtown Pippins. 3 tier, -.&92.7o; 4 tier. $'J.4O0 2.65; AV tier, $2.10i 2.S5; rhubarb, bay stock, per box, $1.75$2; strawberries, 1ks Angeles, $33.50 per crate; Imperial Val ley, $4 per crate Receipts Flour. 10.510 Quarters: wheat. 140 centals; barley. 2S0 centals; oats, 2"0 centals; com, 125 - centals; potatoes. 70 sacks; hay, 26 tons; eggs, 145.410 dozen; hides, 170. CORN SUPPORT LACKING PRICES AVERAGE LOWER IX CHICAGO MARKET. Traders Hold Off Awaiting Strike Developments Strong Export Demand for Wheat. CHICAGO. April 13. Corn averaged lower In price today, with traders holding off on .both aides of Ihe market awaiting developments in the railroad strike. The close was unsettled 14 c net lower to 4c advance. May- $1.66 to $1.86 and Julv si.oo to $1.00. O-ts finished c down to 14 c up and provisions unchanged to 30 cents off. Weakness In the corn market was as cribed to lack of support, rather than to aggressiveness ou the part of sellers. toward the last, current talk or a good export demand for wheat, rye and coYn s""iu iea to rallies in tne corn market. w neat commanded ::. truck. Vew Vrtt-u vuw uisiirsi vnce on tne crop. uais merely duplicated the changes corn. Packers, were (sellers of orovlslonn but on tb4 ensuing break turned to th huvinv luc. im Louunea tne lowest prices this The Chicago market letter received yes terday by Overbeck & Cooke company of Portland said: "Corn The tendency was lower mnwt of the day, but the trade was meager and fluctuations Irregular. Receipts only 19 cars, but cosh trade was dull to sucb an extent that spot prices were unchanged to x cent lower. lieports ot an export de mand ror corn flour along with a sale of 5000 bushels of wheat at the highest price on the crop had a restraining influ ence on bear pressure. Ihe strike situation shows some im provement here and in the west while eastern reports claim tropble spreading For some time the known facts In the situation have been in favor of buyers, not Decause or any scarcity of supplies In the aggregate nor due to any export demand of consequence, but for the reason that transportation facilities have prevented equal distribution and consumers have found It difficult to secure enough to fill their orders for manufactured products. There are Indications that this solution is undergoing a distinct reversal and that the amount of corn moving w'tll shortly be in excess or the demand "Oats Weakness developed shortly after the opening, but the market recov ered quickly on support by cash houses Cash trade slow, only 18 cars on the market Selling moetl at yesterday's low basis. Some selling of the deferred deliveries was encouraged by an Improve ment in weather conditions. We would not care to be long on oats with the pos slbllity of receipts increasing and the cash market turning turtle the--way it did yesterday." Leading futures ranged as follows: CORN. Open. Hlffh. Low. Close. May.... $1.08 $1.7 $1.64 $1.B July 1. ."! l.oo'i 1.57 l.o Sept . 1.54 1.55 1.33 1.55 OAT3. Msv 94 .95 .03 .04 July 85 .85 .84 .85 MESS PORK. Mav....' 30.50 .... .... 30.50 July.... 37.20 37.20 37.00 37.12 LARD. May 10.S2 10.05 10.20 19.42 July 20.45 20.45 19.92 20.20 SHORT RIBS. Mav IS. 22 1S.25 ISO." 18.22 July.... 18.60 18.75 1S.57 18.75 Cash prices were: Wheat No. 2 hard. $2.75. Com No. 3 mixed, $1.06; No. 2 yellow, $1.69. Oats No. 2 white, $1.00 e 1.01 ; No. 3 white. 97 9Sc. Rye Not quoted. Barley $1.45ai Ml. Timothy seed- $!t12. Clover seed $40(a53. Pork Nominal. Lard $1S82. R I lis $ 1 7. 50 Iff .Ig.g.-i. Seattle Feed and Hay. SEATTLE. Wash.. April 13. City de livery: Keed mill. $454 per toa: scratch feed. $S5: feed wheat. $89; all grain chop. $75; oats, $72; sprouting oats, $57: rolled oats, $74: whole corn, $75; cracked corn, $7S; roiled barley, $76: clipped barley. $SI. Hay Eastern Washington timothy mixed. $42 per ton; double compressed. $40 per ton: alfalfa, $10 per ton: straw. $20 per ton; Puget sound $38 per ton. Cirain at Sao Francisco. SAN FRANCISCO. April 13. Grain Wheat. $3,66 2-8 ner cental: oats. red. A Service That Is Yours THE heart of the financial district of New York is brought in close touch with the investors of Portland through the service rendered by The National City Company. Investors in Portland, in Chicago, San Fran cisco, Boston, Philadelphia, New Orleans and many other financial cen ters, more than fifty in all receive the same quality of investment service from this institution. The company is closely affiliated with the National City Bank of New York, but its sole business is to secure and place in the hands of investors, issues of bonds, short-term notes, and investment preferred stocks that fully measure up to investment requirements. - The Company is able to render this service with the highest degree of efficiency. . - Every effort to secure the best quality of information for the guidance of the Company is made before a new issue is purchased and offered to the public. . Bonds, short-term notes and preferred stocks which it recommends have passed the close scrutiny of a nation-wide organization. "Men and Bonds," an attractive booklet telling of our service to investors, and our April offer ing sheet wil be sent upon request for Or-030. Corporation Notes for Discriminating Investors To yield up to SEMI-ANNUAL INTEREST ISSUE Bell Tel. Co. of Canada 7s . . Brazilian Traction Light & Power 6s . CaL-Wash. Timber Co. 7 . . Canadian North. Ry. Equip. 6s Dominion of Canada Guar anteed 5Vas. . . B. F.. Goodrich Co. 7s '. Hooker Electro-Chem. Co. 7s Ford Motor Co., Inc. . .' Maxwell Motor Co., Inc .... Complete description - Bonds Trusts Acceptances Lumbermens Building $2.90 3.05; barley, feed. $393,10; corn, California yellow, 3fe 3,'JO. Hay No. 1 wheat or wneat ana oat hay, $3538: No. 2, $3333; choice tame oat hay, $3740; other tame oat hay, $33037; wild oat hay, nominal; barley hay, nominal; alfalfa hay. Z'JiZl :' stock hay, $3S; Barley straw, 70ci$l per bale. v - Duluth Linseed Market. DULUTH, April 13. Linseed, $4.78 41.81. Advance In Coffee Futures. NEW YORK. April 13. The market for coffee futures recovered part of yesterday's losses during today's trading.. The decline of 200 reis reported in the Klo market had evidently been discontinued, while Santos futures were higher. The opening was 2 points higher to 4 points lower, but prices soon firmed up on covering, with May ad vancing to 14.32c and September to 14.40c, or 13 to 3t-points net higher during the early afternoon. This bulge met renewed liquidation and was not fully maintained with the market ciosing at a net advance of 7 to 14 points. April. It. 10c; May, 14.20c; July, 14.31c; September. 14.24c; October, 14.21c; December, 14.15c; January, 14.13c; March. 14.00. - Spot coffee, quiet; rio 7s, 1415c; Santos 4s, 23 24. x Kastern Dairy Produce. NEW YORK. April 13r Butter, firm: creamery, higher than extras, 737Gc: creamery extras, 75c: firsts, 67 74: pack ing slock, current make No. 2, 40fe41c. Kggs, firm: fresh gathered extras firsts, 47h4Sc; firsts, 43 47c; Cheese, firm, unchanged. CHICAGO. April 13. Butter, higher; creamery, 460oC, Eggs, higher; receipts, 18.64, cases. firsts, 4040; ordinary firsts, 36&37c; at mark, cases included, 373c. Poultry, higher: alive springs, 38c; fowls, 42 c per pound. Naval Store. SAVANNAH, Oa., April 13. Turpentine quiet, $2.20; no sales; receipts, 131; ship ments, 7; stock, 1303. Rosin, firm: sales, 420: receipts, 507; shipments, 39; stock. 13.8H8. Quote: B. $15.30; L, E, F, O. H. $1720: I. $171 17.50: K, $18: M, $1818.25: N. $18&I8.70; WG, $18.75 19; WW. 1 18.504jS.l.25. Dried Fruit at New York. NEW. YORK, April 13. Evaporated ap ples dull ' and easy; prunes, irregular; peaches, dull. Cotton Market. V. NEW YORK. April 13 Spot "cotton steady; middling. 43c. RAIN RETARDS ROAD WORK Call for Iiids on La Grandc-Hilgartl Section Held Up. LA GRANDb, Or., April 13. (&pe- rial.) Tlie recent heavy snow and rains have retarded work to a con siderable extent in Union county. The county court reports that locations and estimate for the La Urande-Hill-Rard section of the highway have not yet been turned Into the court, and so the state highway commission has been unable to ask for bids on the grading and buildlnfr of bridges. A survey is now being made on a portion of the Ladd Canyon road and especially on Beeswax hill. This sec tion will be improved under the mar ket road act. Another road on which a survey will be started in a few days is the proposed market road rMATTONAL fcltV & AHE3 " The National City Company Correspondent offices in mote than '50 cities. PORTLAND YEON BUILDING -' Telephone: 6072 Min Bonds Acceptances ' Preferred Stocks 7-75 - DUE. PRICE. YIELD. 1925 98 7.50 1922 96.09 7.75 1925 ' 100 7 1925 95.34 7 1922 96.39 7 1925 98.25 7.43 1922 98.75 7.75 90 days 6 90 days. 7 furnished upon request. from Union to High Valley. ' As soon as the weather will permit and the snow is out of the mountains, a sur vey will be made up Catherine creek on the Union-Medical Springs road, which will also be improved under the market road act. We offer the un sold portion of $3,000,000 City of Edmonton Alberti Gold Bonds Due October 1, 1929 Payable in U. S. Gold Coin 5H's at 86.58 Ask us about the method of calling these bonds "by lot," which offers you op portunity for a very larce interest return. Wire orders "collect" I FREEMAN ....... . Smith . a., sue . IA1S I4 ' - PAYMENTS monthly bus's eatntrM w stock er bend, fvrchafr zeejm mil awatnas. Odd leli ur sfttm.ty mm nrnrrcm I, ;t and full particulars - FREE. CHARLES E.VAN RIPER wmtor Cwteliriald Steek SO BOOQS.T:,NCyi .VIl'H; ff A FREE FROM ALL DOIMO UOVllRNMENT TAXATION $357,000.00 Edmonton 5 Gold Bonds DENOMINATION: $1000 Dated: October 1, 1919. Due: October 1, 1929 Payable in GOLD COIN of the United States at the quar ters of Morris Brothers. Inc., or in New York. These 512 GENERAL OBLIGATION bonds of the City of Edmonton enable the investor to realize the unusually high interest return of riIatTc. It is our positive conviction the price of 86.58, at which these bonds are offered, is as low as similar bonds will ever again be sold for. Back of these bonds are all the tax able resources of the City of Edmonton these being pledged to pay interest and principal as they come due. Edmonton is the capital of the Province of Alberta, Canada, and has a popula tion of over . 60,000 people. It is served by three trans continental railroads: The Canadian Pacific. Canadian Northern, Grand Trunk Pacific and several branch line roads which make the very flourishing contiguous country accessible to the city. These bonds are unquestionably among the most desirable GENERAL OBLIGATION bonds obtainable. Legality approved Messrs. Malone. Malone & Long, attorneys, Toronto. PRICE: 86.58 TO YIELD 7V2 LIBERTY AND VICTORY BONDS If you mnet nell your Liberty or Victory bonds, well to n. If you cmo buy more Uberty or Victory bond, buy from u. On Aprtl 13. IOL'0, the closing New York market prices were as eiven be low. They are the Roverning prices for Liberty and Victory bonds all over the world, and. the highest. We advertise these prices daily in order that you may always know the New York market and the exact value of your Liberty and Victory Bonds: 1st 1st 2d 1st 2d 3d 4th V Ictor v 5 4s 4 4a 4's 41-s 4 Us 4 3"s 4m Market. . . $9.. 00 $90. AO SS7.no J:0.SO $f7..-i $9l.ti $87. SO J'.tT.lO SOT. 10 Interest... 1.10 1.82 1.65 1.40 1.73 .34 -2.11 1.23 1.&7 Total $96.15 $91.82 $S9.1." SO 1.90 $S9.31 $92.02 1 $98.33 $9P 67 When buying we deduct 37c on a $."0 bond and $2..i0 on a $1000 bond. We sell at the New York market, plus the accrued interest. aMMMM. BursMar and Fireoroof Open Votll S P. M. on Saturdays. MORRIS BROTHERS, Inc. The Fremier Municipal Bond lloune Capitul One Million Oollara. Morrij niiiMinc. S1M-11 Stark Btrret. t. Kiflli and 8ilh. TEl.F.rilONK: BROADWAY 3161 Kktabiifched Oyer a Quarter Onturr f VVHBREGOATIE.G v I "HIS is a better roof coating made of preservative oils, JL genuine asphalt and real asbestos rock fibre. It pene trates old dried out roofs, resaturates the old felts, fills all pores and softens dry scales. The asbestos fibre cannot rot, burn or evaporate. It acts like hair in plaster. It binds down the scales, bridges the cracks, forming a skeleton for the heavy asphalt, giving body to the coating and making it the next best thing to new roofing. Fibre Coating is equally effective on old wood, metal, or composition roofs. Apply it with a brush, just as it comes from the can or barrel. Adds years of Hfe to any roof at very small cost. Headqtrartora for building and inmolating prodxxsia of ASPHA tT ASBESTOS MAGNESIA A Roof for Erarj Building PACIFIC ASBESTOS & SUPPLY COMPANY 1 North Second Street Portland, Oregon 3-29 Municipal Bonds (Free From Federal Income Tax) 10,000 Liberty Joint Stock Land Bank 5s . . 76,000 City of Tacoma Refunding: 5s 6,000 City of Portland, Oregon, 4s 1,000 Port of Tacoma, Washington, 5s.... 5,000 Chelan County, Washington, 5s... 1,500 Doug-las County, Oregon, 5is 22,000 Morrow County, Oregon, 5s 10,000 Payette Highway Dist. No. 1, Idaho, 20,000 City of Mt. Vernon, Washington, 5i 10,000 Port of Astoria, Oregon 13,000 Reclamation Dist. No. 1500, 6s Blyth, Witter. & Co. UNITED STATES GOVERPIEJT MUNICIPAL AHTJ CORPORATION BONDS YEON BUILDING PORTLAND Telephone: Main 3304 San Francisco Seattle New York Los Angeles j um rim "J ) Safe Deposit Boxes for Rent. 1 Approx. Due Yield 193!) 5.00To 1925-39 5.00T 1939 5.007o 1942 5.15c0 1937-39 5.25To 1922 5.25 1929 5.25, 1933-33 5.40To 1931- 40 5.40To 1930 5.50 1932- 40 6.00 5s.