THE MORNING OREGONIAN, TUESDAY, APRIL 20, 1920
Id
E
FOR APPLE EXPORTS
Trade With England for This
Spring About Closed.
TASMANIAN FRUIT ARRIVES
Results of Past Year in Forelg
Business Not Satisfactory.
Scandinavian Trade Grows.
Shipments of apples to English markets
will cease In the near future. This condi
tion is partly due to the fact that Tas
manian apples have now began to arrive
in England. W'hlie some of the recent
shipments to the British Isles netted high
prices, the season as a whole has hardly,
been satisfactory. The high prices which
prevailed during the early domestic mar
ket season, together with the difference in
exchange, resulted in many of the large
operators handling export goods only In
limited quantities.
The United Kingdom usually receives
folly two-thirds of the total shipments of
apples from the United States. In the
3S1S-19 season the United Kingdom re
ceived 1.016.IM5 barrels out of 1.576.348
barrels exported. The 1917-18 figures sug
gest the effect of the shipping and trade
embargoes in, force at that time. Total
exports dropped from 1.739,997 barrels in
1918-17 to 633.409 barrels the following
season. Exports during the six months
September to February, inclusive, 1919-20,
show considerable activity, with 1.077.4S2
for the corresponding months In 1918-19
and 404,747 barrels for same months In
1917-18. but still much below the figures
for the same peHod in 1916-17, when ship
ments were 1. MO. 979 barrels.
The New York customs district leads
In apple exports with 510,154 barrels in
the season of 1918-19 and Massachusetts
district funks second, shinning 411.181
barrels of which 24,743,000 barrels repre
JCew York and Boston include much stock
from some of the more distant producing
sections.
"While exports are considered Import
ant in their effect upon the home mar
kets, the total is never more than a
small per cent of the crop. The 1918
apple crop was estlmataed at C6.637.000
bararls. of which 24.74S.OOO barrels repre-
' sentedt he commercial crop. Exports for
tat season were 1.578.S68 barrels: The
average total production for the five
sasons 1913 to 1917 was W.r1.e" barrels
' with average exports this season of
1.539,959 barrels. '
An Interesting feature of the 1919 sea
son was the increase of shipments to
Norway and Sweden, corresponding in a
renrral way to the amount formerly
shipped to Germany; direct trade with
that country has not been resumed. Con
ditions have been returning gradually to
ward normal for the past two seasons with
the exception of the direct trade with
countries of central Europe and the trade
with which traffic has been interrupted
because of recent disturbance and irreg
nTarlty of shipping conditions. The ap
ple trade with various nearby countries
shows an upward trend in volume of
shipments, especially with Mexico, which
hss taken about four times as many bar
rels the last three seasons as during the
three preceding seasons.
ALT. CEREAL MARKETS ARE STRONG
Corn and Oats Are Sharply Higher on
Thecal Exchange.
All the cereal markets were strong yes
terday. At the Merchants' Exchange 200
tons of corn sold at $O3.50 for May and
.lune delivery, an advance of 50 cents over
Saturday's bids. April shipment was $1
higher. Sacked and bulk oats bids were
raised SI ft 1.50. Offers for blue and feed
barley ware posted for the first time in
weeks.
The Chicago barley market jumped 6?4
cents. May closing at 1.72. Barley was
also strong at San Francisco. May rye
climbed to $2.01 at Chicago.
Club wheat was In strong demand and
firm, but there was no call for hard wheat.
The weather forecast for the middle
west as wired from Chicago: "Unsettled
who rain or snow, ana colder in all sec
tions of grain bett tonight and Tuesday.'
i ne .iianuooa wneat acreage this year
will be about 3.000.0OO acres, which will
produce about 50.000.000 bushels of wheat.
Last year's production was 40.975,300
bushels.
lerminal receipts in carswere' reported
oy the Merchants' Exchange as follows:
Wht.Barley.Flr.Oats.Hay
Portland
Monday ....... 24
Year ago .... 18
Seanon to date.. 700
Year ago ....6889
Ta co ma
Saturday 5
Year ago .... 2
Season to date.RMRS
Year ago 5187
Seattle
Saturday 7
Year ago ... . 6
Season to dute.5ft?6
Year ago jl!S
SEASON II
ARLY OVER
1 8 2
4 Ifl 2 3
173 3.-46 422 1979
995 2J52 637 2983
... ' - 3 ... 3
9
S3 2879 171 788
4 101 1174
- 27 ... 2
28 . . . 3
238 R.-.3 6.'.7 1140
73 1158 525 2442
DECLINE IN PRODUCTION OF FLOUR
HDeat Receipts From Farms Also Lighter
for the Week.
T, . .. .
.... ,,1,1 weemy ounetin cover
ing wheat and wheat flour movement
throughout the United States for the week
euuing jvpru i, i20. in comparison with
figures
lor ths same period
year ago,
follow
1920.
Bushels.
1919
Bushels.
"Wheat receipts from
farms
"Wheat receipts from
farms previous
week
"Wheat receipts from
5,133,000
1,644.000
5,627,000
2,027,000
703.479,000
larms June 27 to
April 9 727.367.000
,, , Barrels.
Flour produced dur
ing week 1,769,000
Flour produced dur
ing previous week 2,905,000
Flour produced June
27 to April 9 109,143.000
Bushels.
Total stocks wheat
all elevators and
mills 153,897.000
Total stocks wheat
all elevators and
mills previous wk. 158,907,000
Change for week,
decrease 3.010,000
.Barrels.
2,576,000
2,631,000
90.557. 0Ofl
.Bushels.
150,446,000
161,245,000
10,799,000
cjiporu oi wneat and riour, July 1,
1019, to April 9. 1920, amount to 92.
426,000 bushels of wheat, and 13,951.000
barrels of flour, making a total equal to
155.250,000 bushels of wheat compared
with 136,034,000 bushels of wheat and
20.579,000 barrels of flour last year to
April 0, 1019, the first nine days of April
being prorated from the monthly total,
which makes a total of 228,642,000 bushels
of wheat; last year's total flour exports
Include American relief administration and
Americas expeditionary force shipments.
""" Breadstnffs Supply Decreasing.
The world's supply of breadstuffs con
tinues to decrease. The total on March 1
was 267,200,000 bushels and on April 1,
248,870 bushels. Statistics for April 1 of
this and last year, in bushels, follow:
Apl. 1, 1920.
Afloat for Europe.. 59,710,000
In store in United
Kingdom 10,840,000
In store In Argen
tina 7,030.000
In store in Australia 47,500,000
In store in United
States 895.547.000
In store in Canada. 28,243.000
Apl. 1, 1919.
43.924,000
16.900,000
2.035,000
159,000.000
127.9S3.0O0
84.428.000
Total
248.870.000 414,270,000
Corn Advancing in England.
Corn buyers appear more disposed to
auv&nca prices, cables Broomhall. Ship
pers' offerings have been smaller and at
much higher levels. Feeders have been
bidding more actively for forward ship
ment. The government continues to re
lease fair quantities of late sorts. Ex
porters have been absorbing substantial
quantities of corn of late and the under
tone of the Argentine market appears quite
firm.
HIGHER PRICE IS BID FOR EGGS
Market Is Firmer With Orders for Ship
ment to Outside Points.
With Indications that egg shipments are
about to be resumed the market has
taken on a firmer tone. Bids of 37 cents
case count were sent to country shippers
last night. Orders are on hand from a
number of outside points where supplies
were exhausted during the strike. Selling
prices were unchanged.
The butter market was steady with 56
cents asked for cube extras. Prints gen
erally sold at the new basis of 60 cents.
Poultry supplies were small, but heavier
arrivals are expected this week, in which
event there may be a weakening of prices
as the large buyers are said to be well
stocked. Dressed pork was firm at 22 Vb
cents and Teal steady at 23' cents.
Green Produce Receipts Small.
Green produce arrivals were small and
.wore confined to express lots. Jobbers
believe It will be several days before any
thing like a normal movement from Cali
fornia can be looked for.
Bank Clesu-ings.
Bank clearings of the northwestern cities
yesterday were as follows:
Clearings. Balances.
Portland 5,233.335 1.V4.588
Seattle 7.213.849 2,193.738
Tacoma '. ... 1.08.V253 333, 10
Spokane 2.9KO.049 1.30U.895
PORTLAND MARKET QUOTATIONS
Grain. Floor, Feed, Etc.
Merchants Exchange, noon
session:
Bid-
Oats
No. 3 whits feed...
Barley
Standard feed .....
No. 3 blue
Corn
No. 3 yellow .......
Millrun
Eastern grain In
Corn, No. 3 yellow..
Oats, 30-lb. clipped.
April May June
. . .$62,00 $62.00 362.50
. ... 64.50
. ... 65.00
. . . 63.50
43.25
bulk
64.50
65.00
65.75
43.50
68.00
62.00
62.50
63.50
44.00
67.50
62.50
63.00
70.WJ
61.00
Oats, 38-lb.
clipped 62.00
WHEAT
bnshel.
-Government basis, $2.20 per
FLOUR Family patents, $13.15; bakers,
hard wheat, $13.75; white wheat. $12.05;
graham, $11.80; valley. $11.40: straights,
$11 per barrel.
MILI.FKED Prices f. o. b. mill, mill
run, $43 41,44 per ton; rolled barley, $70
71; rolled oats, $65.5066.50; scratch
feed. $82 83.
CORN Whole, 7374; cracked, $75
76 per ton.
HAY Buying price, f. o. b. Portland:
Alfalfa, $33; cheat, $22; oats and vetch,
$28; valley timothy, $30.
Dairy and Country Produce.
BUTTER Cubes, extras, 56c per pound:
prints, parchment wrappers, box lots, 60c
pe.r pound; cartons, 61u; half boxes, Vc
more; less than half boxes, 1c more; but
terfat. No. 1, 59 3? 60c per pound at sta
tions; Portland delivery, 61c.
EGGS Jobbing prices to retailers. Ore
gon ranch, case count, 3738c; candled,
39c; selects, 42c
CHEESE Tillamook, t. o. b. Tillamook:
Triplets, 32c; Young Americas. 33c; long
horns. 83c. Coos and Curry f. o. b.
Myrtle Point: Triplets. 31c; Young Amer
icas, 32 tic
POULTRY Hens. 35p37c; broilers, 50c;
ducks, 45c; geese, nominal; turkeys, live,
40' 42c; dressed, choice, 50c.
VEAL. Fancy, 23Vsc per pound.
ruiio. fancy. 22 He per lb.
Fruits and Vegetables.
FRUITS Oranges, $3.757.50; lemons.
$5. 50 a 6.25 per box; grapefruit. $3.75&7.50
per box; bananas. JOQillc per pouna; ap
ples, $1.25&'4 per box.
VBUtTAOLtB uaDDage, twbc pouna;
lettuce, $5 per crate; cucumbers, $1.25
3 per dozen; carrots. $3.50 per sack; cel
ery, $7 8,50 per crate; horseradish, 20c per
llUUIIUj , 1L I i 1 v. , -w r Till, fO, lWUIIU , l-.U"
flower, $1.752.50 per crate; tomatoes. $4
4.50 per box: parsnips. $4.50 per sack;
artichokes, $1,2561.50 per 'dozen; spinach.
8&10c per pound; rhubarb, 7 0 8c per
pound, peas. 15317o per pound; asparagus.
12 M: fi 17c per pound.
POTATOKS Oregons. S7.50fij;8 per sack;
Yakimas, $89; new California, 16&18c
per pound; sweets, 10c per pound.
OKlOfss ureaon. s per sacs:: Austra
lian Browns, $7 417.50 per sack.
Staple Groceries
Local Jobbing quotations:
SUGAR Sack basis. Cane granulated,
17.15c per pound; extra C. 16.65c; Golden
C, 16.65c; Yellow L, lu.55c; cube, in bar
rets. 18c; powdered, in barrelB, 18.60c.
NUTS Walnuts, 2UI&S8C; Brazil nuts,
35c; filberts, 35c; almonds. 3838Mc; pea
nuts, 16pl6c; cocoanuts, $2 per dozen.
salt nan grounu, iuus, $17.25 per
ton; 30s. $16.75 per ton; dairy. $27.25 per
ton.
RICE: Blue Rose, 15 c per pound.
BEANS Small white, 7c; large whlti
74c; pink, 151c; lima, 13c per pound;
Bayous, iic, aiexican reds, 10c per
pouiiu.
COFFEE Roasted. In drums. 3950c.
Provisions.
Local Jobbing quotations.
HAMS All sizes, 3740c; skinned, 310
42c; picnic. 24 25c; cottage roll, 30c
LARD Tierce basis, 23o; compound.
oc per ffounu.
DRY SALT Short, clear backs, 25 0 29c
per puunu , pmie-s, zc.
BACON Fancy. 44052c; standard, S3
41e per pound.
Hides sad Pelts.
HIDES Salt hides, under 43 lbs., 28e"
green niaes. unaer 43 lbs., 25c ; salt hides.
over - ids, irecn niaes, over 4S lbs
18c; green or salt calf, to 15 lbs., 57c
green or salt Kip, ia to 30 lbs., 30c; salt
bulls, 17c; green bulls, 14c; dry hides, 82c;
dry salt niaes, zc: dry calf, under 7 lbs.
55c: salt horse, large, $8; salt horse, me
dium. $7: salt horse, small. $6: dry horse.
large. $4: dry horse, medium. $3; dry
oorae, small,
PELTS Dry pelts, fine long wool. 85c;
dry pelts, medium long wool, 30c; dry
pel LB, coana iu"B wool, loc; salt pelts,
long wool. March take-orr. $3 to $4; dry
goat, long hair, pound. 28c; dry coat.
Buuil uk,r, iniuiiu, v. .
Hops. Wool, Etc.
HOPS 1919 crop, 95c per pound
inree-year coiumuu, -sue average; one-
year contracts, oac
MOHAln uong staple. 3540c; short
staple,
TALLOW No. 1. 12c; No. 2. 10V4C
per pounu.
CASCARA BARK Per pound. 10llKo;
car iota, l- rt c.
WOOL Eastern Oregon, 4 00 50c; valley,
medium, SO 52c; coarse. 39 57c
GRAIN BAGS Car lots. 22 23c.
Oils.
OIL Raw, barrels, ' $2.06
$2.21: boiled, barrels, fl OH
LINSEED
raw. cases.
ooiieo. unims, it.iii Donea, cases, $2.23.
TUKflSKllWlS Tanks,
, t.w; cases.
$2.61.
COAL OIL Iron
barrels. 14 HO 17c
cases. 27SP34C
GASOLINE Iron barrels. 27o: tank
wagons, Z7c; cases. 3c
FUEL OIL Bulk, $2.10 per barreL
Metal Market. '
NEW TORK, April 19. Copper easier;
spot and nearby, 18&19c; May, June
and July, 1919c
Iron steady. No. 1 northern, $47 48;
No. 2 northern, $4546; No. 2 southern,
$42$ art.
Antimony. 10.87c.
Tin steady. Spot. 63.25c; April to June,
62.50c.
Lead easy. April and May, 8.50c bid;
June and July, 8.75c bid.
Zinc weak. Spot and April, 8.20c bid;
8.30c asked.
Dried Frnit at New York.
NEW YORK, April 19. Evaporated ap
ples, dull and weak; Californias, HQ12c;
state. ISO 16c.
Prunes, weak; Californias, 929c; Ore
gons, llO20c
Peaches inactive, standard, 17019c;
choice. 18c; fancy. 19c.
Cotton
ket.
NEW YORK. April
closed barely steady:
IiU.lSc; October. 36.29c
January. 34.40c.
19. Cotton futures
May, 41.65c; July,
; December. 35.25c;
Sjje cotton quiet; middling, 42.75c
Hops, Etc., at New York.
NTTW YORK, April 19. Hops, firm;
state, medium to choice 1919, 95c0$l.O5;
1918. 857Oc; Pacific coast 1919, 95c
$1.10: 1918. 90(g95c.
Hides and wool unchanged.
New York Sugar Market.
NEW YORK, April 19. Raw sugar firm.
Centrifugal, 19.56c; refined firm, un
changed to 1 cent higher. Fine granulat
ed, 17 S 17.50c.
STOCK LIST UNSETTLED
MARKET YIELDS SOOX AFTER
OPENING Of SESSION'.
Motors, Oils, Steels and Equip
ments are Freely Offered
for Both Accounts.
NEW YORK. April 19. Stocks became
unsettled soon after the opening of to
day's active session on free selling for
both accounts, although events over the
week end, especially the railroad-strike
situation, were regarded by traders as con
structive. Reversals of 2 to 10 points marked the
almost continuous offerings of oils, mo
tors, steels, equipments and specialties.
In several noteworthy Instances the set
back was more severe, with no material
recovery at the close. Sales, 1.350.OO0
shares.
Monetary conditions contributed to the
reaction, call loans opening at.9 per cent.
The rate fell to 6 In the final hour, but
it was too late to arrest the sweeping
downward course of quoted values.
Last week's statements of the local fed
eral and clearing-house banks Indicated
further strengthening of reserves, but time
money held rigid. 84 to t per cent again
being bid with little success for 60 and 80
days' accommodations.
Moderate firmness ruled in foreign ex
change, the only sidelights in that con
nection being the announcement that ne
gotiations are proceeding for further ex
tensive gold shipments to South America.
There was no let-up to liquidation of
liberty bonds. In which new low, records
ruled. Bonds In general, including indus
trials, "were heavy. Total sales, par value,
M3.375.O0O. Old United States bonds un
changed on call.
CLOSING STOCK QUOTATIONS.
Last
Sales.
7.2O0
6.2"0
5.0O0
2.000
10.8OO
Sale.
101
Am Beet Sug.
Am Can
Am Car A Fdy
Am HAL. pfd
A m Loco
464
139
110
104
67
135
92
90
17
60
81
167
136
33
94
25
37
119
85
53
38
84
34
34
SSSi
99
255
56
70
13
152
331
Am Sm A Rfg
Am Sugar Rfg
Am Sum Tob..
Am Tel A Tel
Am Z L A Sm
Anaconda Cop
Atchison
4.000
4.70O
OOO
2.200
4.900
1.000
l.r.oo
A G & W I S S
Baldwin Loco. 87.600
Bait & Ohio
2.400
Beth Steel B
11.40O
B A S Copper.
not)
300
900
2.SOO
"00
9O0
3f0
5,200
1.200
Calif Petrol ..
Canadian Pac.
Cent Leather.
Ches & Ohio. .
Chi M A St P
Chi A N W . ..
Chi K I A Pac
Chlno Copper.
Coi Fu A Iron
300
Corn Products 26.200
Crucible Steel 6,600
cuds Cane Hug
17 S Fd Prods.
Erie
Gen Electric.
Gen Motors . ..
Gt No pfd
Gt No Ore ctfs
Illinois Central
9.400
14.100
8O0
rxo
7.600
1.8O0
700
100
4.000
3.00O
4.SOO
8.7O0
500
76
87
89
56
93
81
16
30
193
46
28
71
31
94
77
40
10H
40
29
60
19
83
108
11
39
97
22
118
195
71
118
78 i
Inspir Copper
int Al M pro..
Inter Nickel..
nter Paper ..
K C Southern.
Kennecott Cop
1.5O0
Mexican Petrol 13.600
Mldvale Steel. 4.900
Missouri Pac. 1.7O0
N Y Central. . 2.800
N T N H A H 2.0
Norf ft West.. 300
Northern Pac. 2.40O
Pac Tel A Tel 200
Pan-Am Pet.. 42,500
Pennsylvania.. 7,900
Pitts A W Va. 300
Pittsburg Coal 300
Rav Con Cop. 800
Reading 14.100
Kep Ir & steel oo,4hi
Shat Arix Cop 200
Sin Oil A Rfg 20.4OO
Southern Pac. 9.6O0
Southern Ry.. 2.0O0
Studebaker Co 07."
Texas Co ls.soo
Tobacco Prods 3, loo
Union Pacific. 2.500
Untd Retl Strs 7.6O0
U 8 Ind Alco. 19.200
94 V
U S Steel BT.wio
H
111
74
51
23
84
42
111
do pfd "u
Utah Copper.. 7.500
Westing Elect 300
Wlllys-Overlnd 10.600
National Jeaa
Ohio Cits Gas 1.400
Royal Dutcn.. i-,ouu
BONDS
U S 2s reg 101
Peon con 4s.. 86
So Pac cv 5s . . . 99
So Ry 5s 79
do 2s coup.. 101 2
do 4s reg. . .105
do cv 4h cou.105
Union Pac 4s... 79
I J S Steel 5s. . . . 93
Pan 3s reg 85 .
do 3s coup.,
U S Lib 8B. . .93.50
do 1st 4s 90.O0
do 2d 4s 86.20
Anglo-Fr 5s. . . 98
Am T & T cv 6s 96
Atchen gen 4s.. 2H
do 1st 4s K9.90
0 & ft cons 48. u
do 2d 4s 86.40
do 3d 4s 91 .40
do 4th 4 s. . .86.46
NYC deb 6s. . 87
Nor Pac 4s 71
Nor Pac 3s 50
Victory 3s 96.14
Pac T A T 5s. . 84
do 4s 96.04
Boston Mining.
Allouez . ...
33 (Mohawk
72
21
Ariz Com!.... 12lNorth Butte.
Oal A Ariz 63 I Old Dominion.
31
Cal A lieela. . Osceola
Centennial .... 12 fQulncy
E Butte Cop... 14! Sup A Boston.
45
36
4
Franklin 4 Shannon 1
Isle Royalle 32 lUtah Cons 2
Lake Copper... 4Wolverine ...... 75
Money, Bxchanee, Etc.
NEW. TORK, April 19. Mercantile pa
per. 6 0 7 per cent.
Exchange firm. Sterling, 60-day bills,
$3.91; commercial, 60-day bills on banks,
$3.91; commercial, UO-day bills, $:1.U1;
demand, $3.95; cables, $3.95. Francs,
demand, 16.05; cables, 16.03. Belgian
francs, demand, 15.12; F cables, 15.10.
Guilders, demand, 37: cables, 37tt- Lire,
demand, 21.75: cables, 21.73. Marks," de
mand, 1.59; cables, 1.60.
Government bonds weak, railroad bonds
weak.
Time loans strong; 60 days, 90 days and
six months, 8 per cent.
Call money strong; high, 9 per cent;
low. 7 per cent; ruling rate, 9 per cent;
closing bid, 7 per cent; offeved at 8 per
cent; last loan. 7 per cent.
Bank acceptances. 6 per cent.
Bar silver, $1.17 per ounce.
Mexican dollars, 88 c
LONDON. April 19. Bar sKver, 6Sd
per ounce.
Money. 4 per cent.
Discount rates, short bills, 6 per cent;
three months' bills, 6 per cent.
Swift K Co. Stocks.
Closing prices of Swift A Co. stocks at
Chicago were reported by Overbeck A
Cooke company of Portland as follows:
SwKt A Co 119
Libby. McNeill & Libby 30 31
National Leather 13
Swift International 45
CATTLE MARKET IS ACTIVE
BIG RUN' AND KCL1I1 PRICES
ARE OBTAIXED.
Hogs Are Higher With Tops
Bringing $17.35 -S beep and
Lambs Are Firm.
There was a good run of 67 loads of
stock at the yards yesterday, all but three
loads of which were for this market.
The large supply of cattle met with a
good demand and the advanced prices re
cently established on the top grades were
fully maintained.- Four loads of choice
steers were taken at $13. The bulk of the
steer sales were at $11012.75. Butcher
cattle were also firm. In the bog market
a higher range of prices went into effect,
top quality bringing $17.35. Firm prices
on sheep and lambs also prevailed.
Receipts were 1552 cattle, 171 calves, 696
hogs and 581 shee).
The day's sales were as follows:
Wt. Price.
Wt. Price.
775 $ 3.50
27 steers.
1 steer. .
24 steers.
29 steers
7 steers.
21 steers.
1 steer. .
13 steers.
2 steers.
22 steers.
25 steers.
26 steers.
26 steers.
24 steers.
S steers.
15 steers.
22 steers.
4 steers.
22 steers.
25 steers.
30 steers.
30 steers.
875 11.0W
2 cows.
1 calf..
1 calf..
1 calf . .
1 calf. .
2 calves.
1 calf..
1 calf..
830 4.UU
1125
1145
815
DM
740
875
980
1220
1150
1050
8t2
1075
1025
1175
1375
1007
lono
1120
1070
1070
11.00
SCO
7. 50
13.001
9.501
11.501
S.OO
360
2li(f
195
140
110
1346
350
9S3
6O0
640
1570
1550
910
1770
14KO
1010
70S
815
8.00
8.50
13.00
17.00
16.00
8 25
9.00
7.60
6.00
10.00
9.00
9.00
7.00
8 00
JS.SO
10. 50
7.50
8.S5
8.50
10.001
11.5IH11 bulls.
12.501 6 calves.
12.251
12.0O
ll.lHi
12.00i
11.751
14.25
12.75
3 bulls.
1 bull. .
1 bull..
1 bull..
1 bull..
2 bulls.
1 bull. .
1 bull. .
1 bull. .
11.001
11.25
2.40 17 mixed.
12.40! IS mixed.
12.40,61 mixed.
High. Low.
102VJ 1014
47 46 '4
142 139 i
112 110
108 104 V4
68T4 87
13U 135 S
05 92 Vi
96H 9014
17 17H
62)4 HO'i
82 81'
169 l6i
143 136
34 33 V
7
25 25
37 37
11914 119
87 85
55 53
37 L. 36
84 84
35 34
34 844
r.8 S8'.i
103 99
260 255 'i
58 M
74 70
13 'A 13
154'., 152
34H 324
76 76
38 37
SO 89
57 55
90 93
22 22
83 81
16 16
' 30 30
201 193
46 46
26 28
72 71
82 31
95 94
78 77
40 40
112 108
41 40
29 29
60 60
19 19
86 82
112 308
11 11
40 39
99 97
22 22
123 118
206 195
72 71
120 118
79 7B
IOO 94
105 103
111 111
74 74
52 51
24 23
87 84
42 42
114 111
17 steers.
30 steers.
950
1070
650
747
91 : 3
1170
988
840
944
1130
12.75
1150
11.5M11 mixed.
12.101 9 mixed.
8.35! 5 mixed.
8.751 6 mixed.
8.75111 mixed.
12.40- 1 bull..
U.50i 1 bull..
9.SIH87 hngs. .
10.25I65 hogs. .
12.40I 1 hog. ..
12 7l l44logs..
12.40 1 hog. ..
1.4il 4 hoars. .
12.40:74 hogs. .
12.40I 5 hogs. .
12.49'77 hoKS..
12.49124 hogs. .
9 00l 1 hog. . .
12.40 2 hogs..
12.30,79 hogs. .
477
600
' 850
80O
550
lo:o
IVIO
220
8.00
7.50
9.00
10.00
8.25
8.00
8.50
17.3
1 4 steers.
12 steers.
3 steers.
25 steers.
41 steers.
15 steers.
6 steers.
28 steers.
211 .17.35
460 14.35
24 steers.
2 SO
17.35
14.85
25 steers.
26 steers.
26 steers.
26 steers.
26 steers.
26 steers.
2 steers.
21 steers.
8 steers.
4 steers.
1 1 steers.
14 steers.
2 steers.
1 7 steers.
16 steers.
25 steers.
2 steers.
15 steers.
3 cows.
7 cows.
2 cows.
2 cows.
1 cow. .
1 cow . .
1 cow. .
1 cow . .
1 cow . .
2 cows.
2 cows.
1 cow. .
1 cow. .
1 cow .
1 cow . .
2 cows.
3 cows.
1 cow. .
2 cows.
3 cows.
1 cow...
3 cows.
1 cow. .
8 cows.
1 co w . .
1 cow. .
8 cows.
4 cows.
2 cows.
1 cow . .
8 cows.
2 cows.
1 cow. .
2 cows.
8 cows.
8 cows.
2 cows.
8 cows.
2 cows.
2 cows.
2 cows.
2 cows.
2 cows.
16 cows.
6 cows.
15 steers .
21 steers.
5 eteers.
26 steers.
26 steers.
1 steer . .
2 steers.
32 steers.
26 steers.
2 cows.
24 steers.
4 cows.
1 cow. .
420
205
195
302
2l
173
8 BO
r3o
8215
426
352
io
158
158
185
310
185
rso
176
863
173
186
214
110
310
181
55
10
70
104
73
195
63
110
65
65
9
92
78
100
142
112
128
120
125
76
57
91
57
12U0
11 SO
1130
11(3
1135
1020
1130
1210
1212
750
850
60S
750
800
155
735
975
823
1100
775
775
1010
1025
710
820
IOBO
865
815
1110
840
850
9HO
885
102
770
810
696
7S0
886
690
913
1020
10OO
753
1117
813
510
963
895
940
640
1043
8f0
963
910
805
620
925
815
1O10
1015
713
990
1105
742
1042
1052
7x;
1230
975
982
890
1014
V3l
!90
16.13
17.15
14.35
17.35
17.13
14.15
14.35
17.35
14.23
17.25
17.00
17.0O
17 OO
12.3111 3 hops, .
10.25 72 hogs. .
'9.6513 hogs. .
8.751 6 hogs..
ll.OOi 4 hogs. .
ll.lOl 4 hogs..
12.251 2 hogs..
9.00 4 hogs.,
lo 25! 2 hogs..
5.00!19 hogs. .
1T.TI0
16.00
16 75
16 25
16.65
15.00
17.00
16.75
17.00
14.75
15.00
16.75
20.00
16.25
16.25
15.56
18.25
13.50
19.00
16. 2"i
16.25
18.00
16.2.1
16.23
15 OO
8.00
12.50
10. 5C
11.50
11.50
II. 50
15.00
14 M'
17.00
III. OO
14.25
14.25
14.23
9.00
8.50
9.00
9.f,0
9.00
4. 50
9.50
11.50
17.1(0
8 OO
12.O0
10 50
17.00
8.00
8 50
0.00
9 75
7 54)
tvoil
8.50
9.50
14.00
14 00
10.251 2 hogs..
S.501
8 nogs. .
2 hogs. .
5 hogs. .
1 hog. . .
2 hogs. .
6 hogs.
5.501
8.OO1
8.25
S.OO
6.0)
8.00(11 lambs.
8.25ill lambs.
8 501 2 lambs.
8.00,16 lambs.
5.751 8 lambs.
9.00! 7 lambs.
9.50113 lambs.
8.73,13 Iambs.
8.901 2 larr.ts.
6.501 4 lambs.
6.0020 lambs.
7.75 97 lambs.
9.0O181 lambs.
7.00i 1 ewe.
0.5OI 9 ewes..
10.001 4 ewef. .
10.50 5 ewes. .
11.00 6 ewe. .
8.50 2 ewes. .
IO (M 31 lambs.
8.00(6! Ismos.
9.00i207 lambs.
9.5o! 13 ismrja.
8.50 1 yesrl. . '
10.O4M 3 wethers
1O.0OI 22 wethers
10.0IH 2 bunks.
9.00 1 buck..
8.001 1 buck..
8.75) 1 buck. .
.."( 4 bucks.
8.00 Iron...
7.50 24 cows.
7.50! 19 cows .
7.51W 1 calf. .
120
90
90
ISO
200
170
l:-
95
6N0
975
923
140
. 853
190
336
155
1770
1746
1030
9"0
880
417
2 calves.
1 calf. .
3 calves.
8 calves.
1 bull..
1 bull..
1 bull. .
1 stag. .
1 stag. .
8 mixed.
5 mixed .
8 mixed.
840
816
13 oo!l31 wethers
99
93
9.75i212 wethers
Livestock prices at the Portland stock
yards were as follows:
Best grain, pulp-fed steers. . . . $1 l OOUp 1 3.00
Choice steers 1 1 .0O 'or 12. OO
Good to choice steers lO.OO'tt 11 .00
Medium to good steers , 9.00 r 10.00
Fair to medium steers 8 aSiSp) 9 OO
Common to fair steers 7.0O 8.25
Choice cows and heifers 9.25 1 0.50
Good to choice cows, heifers... 8.2539.25
Medium to good cows, heifers. 7.04!'rz 8.25
fanners 4 25'K 6.00
Bulls 0.000 8.RO
Prime light calves 15.000 17.00
Medium light calves .- Io.ouwl5.oo
leavy calves 7 K a 10.00
Stockers and feeders 7.5o'0 8.50
Hogs
Prime mixed , 17.0017.S5
Medium mixed 16.25W17.0O
Rough heavy 12.25r 16.25
Pigs 13.00 b 15.50
Sheep
Spring lambs 17.001T19.00
Eastern lambs Ii.00wl8.00
Light valley lambs 15.75'o 17. 0O
Heavy valley lambs 14.25'or 15.75
Common to medium iambs ... 11. 00 'rt 1 4.50
Tesrlings 15.00 IT 1 . Mel
Wethers 14.50 15.25
Ewes 10.00 il 14.00
Chicago Livestock Market.
CHICAGO. April , 19. Cattle Receipts
21.000; uncertainty regarding the ability
of roads to move shloments east is delay
ing trade; all grades slow to 25c lower
excepting calves, which are steady; steers
$156-16 nominally.
Hogs Receipts 26.000, 20c to 50c higher:
big packers not participating. Eastern
shippers barely active; top, $16.70; bulk.
$15.4041116 50; pigs, $14!fl5.50
Sheep Receipts 15.0O0, slow; first sales
steady, asking higher. Prime wooled
lambs, $21.50: shorn yearling wethers,
$15.50; sheep steady.
Omaha Livestock Market. "
OMAHA. April 19. Hogs Receipts 13.-
000; market opened slow .but developed
activity; market sales for day quoted 25c
higher. Quality fairly good; best sales,
medium and light butcher at $15.25; bulk
of sales, $l4.50jtl5.10.
CattleReceipts 12,500; market on beef
.steers slow, mostly 25c lower; market
sales. $12&13; best sale recorded, $13.40.
Butcher calves slow, steady. Htockers and
reeders acLive, steady to strong; best feed
ers. $11.80.
Sheep Receipts 800. wet fleeces consid
ered, opening sales on lambs steady: trade
FOREIGN BONDS
Berlin 4s
Bremen 4'js
Cologne 4 s
Dresden 4'js
Leipzig 4'2s
Munich 4s ,
Mannheim 4s .
Frankfort 4s
Stuttgart 4s
FRENCH VICTORY 5s
SPECIAL PRICES
1,000,000 MARKS
Send for fall detailed dMcrtptioa,
I Ire ul.tr o. T. M. IVOO.
Farson, Son & Co.
Members New Tork Stock Exchange
113 Broadway, New York
I
hums Tax Exempt
Short Term One Year
MUNICIPAL
Loan
Paid from taxes
CAUL OR WRITS FOR DETAILS
vffrK. Freeman
Smith
., Camp
. CO.
GRINNELL
it$h PIS
it lii W km
Whrn the
Fire Sunt
the Wti
Stent
"pIREdangerin your build
ing can be practically
eliminated by an installation
of Grinnell Automatic
Sprinklers. In over 20,000
reported fires the average
loss under Grinnells has
been only $270, a reduction
of 96590 from the lowest
business losses prior to their
invention!
In cases where city water press
ure is adequate and the hazard
not too great, Grinnell equipments
can be installed without Unit.
GRINNELL COMPANY
of The Pacipic
1517 L. C. Smith Buildm
Sean If. Washington
slow: bids reported easier,
steady; best wooiers at SI 5.
Sheep fully
Kansas City Livestock Marks.
KANSAS CITY, Mo.. April 19. Cattle
Receipts 80OO; slow; beef steers 25c to 50c
lower; top, 1 1 3.o5 : . best unsold: bulk, ll'rf
1-2.73; yearlings. 50 W 75c lower: top. 113 75;
fat stock scarce and barely steady; veals
and calves steady to 25c lower; aood to
choice veals,
Sheep Receipts 8500: fat lanrbs steady:
best 8a-pound wool lambs, $20.5o; clipped
lambs. I17.60: bulk wool lambs. 118.75&
M.40.
Seattle livestock Market.
SEATTLE, Wash.. April 18. Hons Re
ceipts lt5; strong; prime, $16.7540 17.25:
medium to choice. $ 15. 1 5ft 16.75: rough
heavies, fM.750 IS.;: pigs, $ I 3.50 4.5U.
Cattle Receipts 2?2: strong; best steers.
S12.50&13: medium to choice, 1012:
common to good, Si.50 4r$14: cows and
heifers. $10. 10.75 : common to good. $7
010; bulls, 7.50eS 50: calves, 17.50 18.
SAJT FRAJf CISCO .I-RODrCK MARKET
Price. Current on Tewetablrs. Fresh Fruits.
Ktc. at Bay City.
SAX FRANCISCO. April 19. Butter-
Extra grade. 5tt6c; extra firsts, nominal.
Eggs Fresh extras. 42Vc; firsts. ( 39c;
extra pullets, 3Vc; undersized, S3c.
Cheese Old style Cslifomla flats fancy.
7c; firsts, 24c: young America, 27c.
Vegetables Beans. Imperial Valley,
204iOc per lb. for string; bell peppers.
Los Angeles, large, 7.c(Fy$l: small, 254 35c
per lb.; squash, summer squash, S1.75&2;
Itsllan squash, SI. on;, tomatoes, Mexican
fancy, $53rB per Ro-!b. lug; Imperial, S4'(
4.25; potatoes, $7.50 8 . per cental; plow-
outs, Su.757; sweet, Sir He. per In.: new
"Commercial
Crises"
Valuable Book Free
One well-known business man remarked,
"The American Company's frequent pub
lications arc not simply interesting and in
structive; they are a most worth-while
contribution to modern business literature."
"Commercial Crises" is of the same high
standard that we aim to make a characteristic
of all our books. It thoroughly discusses
the present economic situation, showing the
fundamental causes of previous crises, and
suggesting precautions for averting any fu
ture panics.
Every manufacturer, wholesaler and banker
who reads this book will want to keep it
handy for frequent reference. Write, or
phone for your copy today.
AMERICAN CREDIT-INDEMNITY CO.
Of NEW YORK L M. TREAT, hesidcht
HiUU STANDARD UNUUITID POLICIES
H. T. MacRill, General Agent
Board of Trade Bldg.
Phone: Main 1179. Portland, Oregon
Established Public Utility
General Mortgage 7 Bonds
DUE
To Yield 8.25
THE business of the Mononjahela Valley Traction Com
nanv is hichlv diversified and includes citv and inter-
urban
railway and the
power,
artificial gas, coal
Population of territory served estimated at 225,000.
Owns large adjacent fuel supply. Generates electric power
at low cost.
Large equity, satisfactory franchises, substantial earning
power and strong mortgage provisions protect the issue.
We recommend these bonds for investment.
Complete circular upon request for OR-299
The National City Company
- Correspondent offices in more than 60 cities.
PORTLAND YEON BUILDING
Telephone: 6072 Main
. Bonds Acceptances Preferred Stocks
An Unusual Investment
To the great number of investors who are looking for an investment
returning' an exceptionally high interest yield, and at the same time
embodies every element of safety, we recommend an issue of COUPON
GOLD BONDS of the CITY OF EDMONTON which we are offering
at 86.58 and accrued interest to yield IVzc. These are oY'c bonds,
dated October 1, 1919, and due October 1, 1929. They are in denom
inations of $1000.
The unquestioned desirability of these bonds is proven by the fact
that the payment of both interest and principal is a direct tax obliga
tion of the entire .city all the taxable resources, property and wealth
being back of them. '
Edmonton is the capital of the Province of Alberta, Canada, and has a popu
lation of over 60,000 people. It is prosperous and growing. It is served by three
main-line transcontinental railroads and several branch lines.
If you want a good, clean, safe investment, you should make your reservation
without delay, because it is doubtful if the opportunity will ever again present
itself to own such desirable bonds at such an attractive price.
Barglar 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 ST- BET. FIFTH AND SIXTH STS.
Telephone: Broadway 2151 Established Oyer a Quarter Century
potatoes. 10 11c: onions, brown. 66W;
Imperial Bermuda, 607c; crystal white,
?&8c; Australian on Ion a, $6.2506.50; cu
cumber, hot bouse, 12.389 4 per box; gar
He, 303rS5c per lb.; artichokes. $46 per
larao crate; turnips. $1.76; carrots, $1.23
(01.50; beets. $2.2543 2.75: lettuce, south
ern, $11.75; aspar&sus, 6f 8e; fancy
craded. W& 12c; green asparagus. 4?5c:
bpinarh, 2W&3C; green onions, $11.23
per box; celery, J 2 4r 4.25: esrptant, I-os
Angelea, 25iT 30c per lb.; cauliflower. $1.50
9 1.75 per crate.
Fruit Oranges, navels, $S 25r6 ?5;
Valencia. $4,504? 3.50; lemons, S3.25jr 5;
grapefruit. $2r 3.2,".; lemonetten. $2,5043;
tangerines. 3 2.r-4; bananas. Central
American, $fttrlO; Hawaiian, lOllc pr
lb. ; pineapples, $$. 500 5.50: appls. New.
town pippins. 3S-tler. $2.502.75; 4-tler,
$2.502.75; 4-tlpr, $2 1002.5; rhabsrb.
r.ay stock. $1 50 i 1.75: San Jo-c. $2;
Mrawberrtes, Imperial Valley. $4 pr
crate: peninsula and Watsonville. $1.25&
1.60 pr drawer.
Receipts Klour, 4VO quarters: corn,
'1 sacks; rve, PV centals : potatoes.
.'255 backs; bay, 201 tons; eggs. 136.710
doa. ; hirls. 714; oranges. .VK boxeji.
1923
furnishing of
electric light and
and gasoline.
LIBERTY and VICTORY BONDS
If vsu most sell ynmr liberty or Victory bonds, sell to OS. If yon can bu
mora Liberty or Victory bonds, buy from us.
On Monday. April 19. 1920. the rlo'lnr New Tork market prices srero ss !rn
below. They ars ths sovernlnc prices for Llhertv and Victory bonds sll over ths
world, and the Michest. We advertise these prices dally In order that you may al
ways know ths New Tork market and ths exact value of your Liberty and Victory
Bonds: 1st 1st 2d 1st 2d 3d 4th .Victory
SHl 4s 4s 4 V. 4as 4V(s Ss
Market t9i SO 9t oi Kfi 24 JTTO Ivl 10 $:1.40 ..:( $rt.lH ; . !
Interest . 1.21 1.3'J 1.72 1.47 1 S3 .41 .06 1.30 1.A5
Total. 194.71 SSI. 39 SS7.9 S91.17 SSS.23 S!1.81 8rt.44 S97.3S S97.71
When burins; ws deduct S7e on a 150 bond and S2.50 on a J1IX10 bond. We
sell at the New York market, plus the accrued interest.
Baralmr sad Klre-Droqf
Open
a I ntif I
a
MORRIS BROTHERS, Inc.
Th Premier Munii-trm! Hoed TIaa? CmTtitml One Million Dollar.
Morris HnildinK. 309-811 Stark t.. It-lw-n Mb and Ath
Ilphot4 BroswliraT 8151. Ktahli-.rtd Over m (lunrter Cminrv
Of the $7. 500,000 Issue We Offer Out Allotment
$100,000
Associated Simmons Hardware
Companies
Five-Year 1 Secured Gold Notes
Dated May 1, 1920
Den. $1000 and $500
Largest and Most Extensive Business of Its Kind
in the World
Annual Dividends Paid Without Interruption
FOR 43 YEARS
Earnings Last Five Years Have Averaged
$2,179,275, or Four Times Interest
Charges on These Notes
Price 98 and Interest Yielding 7.50
Uador- SasWaioa-Orogcm.
Bord s -Trusts - Acceptances
GERMAN HARKS AND BONDS.
Btrmaa Marks and Baidt art idtancing dally and la aur.
aplalaa attar tha freatest ckaaea far larga profits. One Thousand
Marks, which la 1914 east $238.75, are selling maw for about $20
only and should advanca sharply. Ten Thousand Marks 5U German
Coveramont Bands, which before tha War cost about $2400, are
offered by as far $200, subject ta advanca and prloa adjustment an
day ardor Is received. Act promptly. Telegraph or call, but ta
save time and money, send bank draft or money order with In
strnctions. Wo will exchange Dollar Into Marks at rate prevailing
ea receipt of ardor.
. We alsa recommend the parchase of Marks In the shape at aur
drafts on Berlin or deposit account la our client's name with our direct
correspondents, the DEUTSCHE BANK and DRESDNER BANK, BERLIN.
We make remittances ta all parts of Europe la large and small
amounts at lawest rates.
Special circular an Foreign Exchange and Foreign Bonds and
price lists seat aa request.
WOLLENBERGER a CO.
Investment BanKers
105 ?o.La Ssvtlo Street
CHICAGO
FACTS NO.' 520
LARGEST
COUNTY
BOND
ISSUE!
St. Louis County.
Minnesota, by a.
vote of 9 to 1.
will Issuf road
bonds for $7,500.
000. This is the
larsrest sum ever
voted or pet aside
at one time for
road buiidinp by
any county in
the United States.
The expenditure
will be made
effective if the
pavement used is
WARREN ITE
BITULITHIC
WARREN BROS.
COMPANY
Hf Oposlt Hoses for Rat
1'. M. on ratarias.
Due May 1, 1925
sULa tVastftiaDepartBicaC
HALL & COMPANY
BUT AND SELL.
Railroad
Public Utility
Industrial
Municipal
BONDS
YIELDING
5 to 7
Foreign Government Loans
Local Securities
Preferred .Stocks
Lewis
Bid-.,
Portland, Or.