THE MORNING OREGOXIAX, FRIDAY, MAY 14, 1920
25
X
J
V
V
FEEDERS SHOW MORE
INTEREST IN BARLEY
Cheapest Cereal Available at
This Time.
DEMAND GROWING LARGER
Millrun Shortage in Northwest Be
comes Acute Liltle Wheat
Is Offered by Sellers.
There Is a stronger demand for barley
for feeders, owlnpr to the high prices now
asked for "oats, cprn and millrun. At the
Merchants' Exchange session $ 65 63.50
was bid for standard feed barley and $68
66.50 for blue barley. The Ran Fran
cisco market was higher with sales of De
cember at $3.234. but at Chicago barley
ptions closed 23V4 cents lower.
Oats bids were unchanged at $68.50 on
the local board. Offers for May shipment
corn were reduced $1 to $72.
The wheat market was firm at premiums
f 57 cents on soft and 70 cents on hard,
with very little offered by sellers.
The millrun shortage is becoming acute.
Come of the mills are quoting as high as
$53 f. o. b. mill, but others have none to
ell at any price. Cracked corn has been
advanced to $805-81.
The California state crop reports give
the condition of winter wheat as 80 per
cent against SU per cent on April 1 and S3
per cent a year ago. The indicated pro
duction is 10,021.472 bushels or 6,313,523
bushels less than last season. Hay acreage
2 per cent loss for tame and 3 per cent for
mild hay. Hay condition 85 per cent of
normal versus 02 per cent last season.
There was some rain in April, but the
month as a whole was not favorable. The
nights have been cold and in many sec
tions dessicating winds did considerable
damage to the grain crops. Complaint is
general that all grain is suffering from
lack of moisture in the soil and although
wheat and barley are heading, they are
making little straw which means a light
yield of the acreage usually cut for hay.
Broomhall cabled as to the British corn
market: "Future corn markets in the
United Kingdom maintain a very firm tone.
The firmer feeling generally can be at
tributed to the strength in Argentina,
where It is claimed continental interests
have been buying actively of late. Argen
tine shippers in consequence appear dis
inclined to make liheral offerings. Ship
ment from the United States continue of
negligible proportions. The firmness of
" Argentine oats has made shippers cau
tious about mak'ing offers."
Terminal receipts, in cars, were reported
by the Merchants' Exchange as follows:
Portland W heat. Bar. Flour. Oats. Hay.
Thursday 11 ....
Year ajso
Season to date ROTH
Year affo. .... 7341)
Tacoma -
Wednesday... 11
Year ago i
Season to date 67t;2-
Year a bo 531 L
.Si-ntlln
Wednmiay. . .
Year agn 2
Season to date S!'3
Year ago. ... . 5310
3
174
lO-'U
14 r
4i4 2104
U'Ju 30DS
3757
25U
4
17G
180
04
40
R27
1210
1
4
117!)
2010
4
244
SS
Hi
f!3
570
11011
1254
TWO TRICKS IN MOILA1R. SIARKKT.
Low Bids Are Tut Out for Willamette
Valley Wool.
Mohair buyers have been operating rath
r extensively this week. While the general
buying price has been 45 cents, a few deal
ers have been paying 50 cents In certain
sections.
The first bids for valley wool have jut
gone out at 35 cents for medium and 20
cents for coarse. As these prices are much
lower than growers expected. It is not be
lieved there will be much of a selling
movement.
In its weekly report of the Chicago wool
Market, Hide & Leather says:
"Manufacturers are buying cautiously,
as industrial conditions are none too good,
and there appears to be a feeling of un
rest over the entire country in industrial
circles, with not many operators in any
line of raw stock who entertain a very
bullish feeling. The sentiment among the
trade is very cautious and conservative.
No one seems to have much, if any, opinion
as to the future trond of the market."
TWO-CENT DROP IN BCTTEIt PRICKS
Batter-Fat Bids Will Also Be Reduced
Today.'
There will be a 2-cent decline In print
butter this morning and the buying price
of butter-fat will also be reduced 2 cents.
Seattle quotations will go down to the same
basis.
Trading in cubes yesterday was limited.
Some sales at 50 cents were reported and
others at 49 'j cents.
The egg market was variously reported
as weak and steady. One firm is offering
40 cents delivered to country shippers, but
ethers have either reduced their bids or
withdrawn from the market. Jobbing prices
have been reduced one cent by several
dealers.
There was a very good demand for poul
try and hens sold at 3234 cents, accord
ing to size. Country dressed pork was
weaker at 22 cents. Veal was steauy aitei
unchanged.
Raw Sugar Advances Again.
Raw sugar prices have advanced 114
cents at New Tork in the past two days.
Testerday tho refiners bought certain raws
at 21 cents duty paid. The effect of the
rise will be felt on this coast in few
days, and jobbers look for a California
price of 24Vite'24,. cents.
Strawberries Clean T'p Well.
Three hundred crates of California straw
berries arrived yesterday and cleaned up
at f4'p14.25 a crate.
Rhubarb was in large supply and drag
ged at 3tfr4 cents a pound. Asparagus was
steady at $1.75(n 2 a dozen.
Bank Clearings.
Bank clearings of tho northwestern cities
yesterday were as follows:
Clearings. Palancps.
Portland J5.lKi4.4St JI.I52.1H7
Pm'.'.'o 0.094. 020 1.921.32(5
Tacoma 1,4!M,2!!3 210.410
Spokane g,3.H).l)u5 USB, 870
PORTLAND MAHKET QUOTATIONS
Grain, Hour, Feed, Ktc.
Merchants' Exchange, noon session:
Bid
Oats
No. 3 white feed.....
Barley
May. June.
. .JG8.50 $68.50
No. 3 blue nn.50
Standard feed 65.50
Corn
No. 3 yellow 71.00
Eastern grain, bulk:
Corn
No. 3 yellow '. 72.00
WHEAT Government basis. J2.20
61. no
5.00
71.00
72.00
per
bushel.
FLOUR Family patents. J13.75: bakers'
hard wheat, J13.75; best bakers' patents,
$13.75; pastry flour, $11.80; graham,
$11.00; whole wheat. $11.85.
MILLFEED Prices f. o. b. mill: Mill
run, $521n53 per ton: rolled barley, $72 'p
73: rolled oats, J70&71; scratch teed,
$8889.
CORN Whole, J7S79; cracked, $S0
81 per ton.
HAY Buying price, f. o. b. Portland:
Alfalfa, $34; cheat, $23; valley timothy,
31.
Iairy and Country Produce.
BUTTER Cubes, extras, 49'!;i330c per
pound: prints, parchment wrappers, box
ot-H, 54c per pound: cartons. 55c; half
noxes. Vic more: less than half boxes,
lc more; buttcrl'at. No. 1. 5152c per
pound at stations; Portland delivery, 53c.
KGGS Jobbing prices to reLaiiers: Ore
gon raven, cate count, 3040c;, candled,
42c: (-elect, 44c.
CHEKSK Tillamook, f. o. b. Tillamook:
Triplets. J2c; Young America. 33c; long
horns, 33c. Coos and Curry, f. o. b.
Myrtle Point: Triplets. 31c; Young Amer
ica, 32 c per pound.
POULTRY Hens, 32&34c; broilers, 35
4 40c; ducks, 45c; geese, nominal; tur
keys, nominal.
VEAL, Fancy. 21c per pound.
PORK Fancy, 22 c per pound.
Fruits and Vegetables.
FRUITS Oranges, $4.r0&8; lemons,
$5.50 6.25 per box; grapefruit. ' $3.50&
8.25 per box; bananas, lO&llc per pound;
apples. $2.50 fy 4 per box; strawberries,
$44.25 per crate.
ViiETABLES Cabbage. 5e pound:
lettuce, $J.73(g 4 per crate; cucumbers.
$1.25(02.75 per dozen; carrots, $4 per
sack ; celery. $1.6o&2 per dozen ; horse
radish, 25c per pound ; garlic 40oUc
per crate; tomatoes. $5.75'ti per box; arti
chokes. $1(6)1.25 per dozen; spinach. 8&9c
per pound; rhubarb, 34c per pound;
peas, l12c per pound; asparagus,
$ t.75 2 per dozen ; cauliflower, $2 2.50
per crate.
POTATOES Oregons. $6 7 per sack;
Yakimas. $8; new California. 11c per
pound; sweet, 12c per pound.
ONIONS Yellow Bermudas, $3.75 per
crate; white, $4.50 per crate; Australian
brown, $7.50 per sack.
Staple Groceries.
Local Jobbing quotations:
SUGAR Sack basis: Cane granulated,
24 c per pound; extra C, 23.85c; golden
C, 23 c ; y el low D. 23.65c; cubes. In bar
rels. 25.10c.
NUTS Walnuts. 26 38c: Brazil nuts,
35c; filberts, 35c; almonds. S83Sfec;
peanuts, 1616Vbc: cocoanuts, $2 per
dozen.
SALT Half ground. 100s, $11.25 per
ton; SOs, $lb.75 per ton; dairy, $27.75 per
ton.
RICE Blue Rose, 15c per pound.
BEANS Small white, 7c; large white,
7c; pink, 13c; lima, 13c per pouna;
bayous, ll4c; Mexican reds. 10c per
pound.
COFFEE Roasted, In drums, 39 50c;
per pouna.
Provisions.
Local Jobbing quotations:
HAMS All sizes, 39iM3c; skinned, 31
44c; picnic. 25c: cottage, 35c.
LAKD Tierce basis, 24c; compound. 25c
per pound.
DRY SALT Short, clear backs, 2o20c
per pound; plates, 23c.
BACON Fancy, 43 55c; standard. 34
44c per pound.
Bides and Pelts.
HIDES Salt hides, under 45 lbs., 22c;
green hides, under 45 lbs., 20c: salt hides,
over 45 lbs., 18c; green hides, over 45 lbs.,
ltie: green or salt calf, to 15 lbs.. 50c:
green or salt kip. 15 to 30 lbs., 28c; salt
nulls. 14c; green bulls. 12c; dry hides, 30c,
dry salt hides. 24c: dry calf under 7 lbs.,
55c; salt horse, large, $7;. salt horse, me
dium, SO; salt horse, small. J5.
PKLTS Dry pelts, fine long wool, 32 Vic;
dry pelts, medium long wool, 30c; dry
pelts, coarse, long wool, 22'.4gC; salt pelts,
long wool, April take-off, J3 to J4.
Hops, Wool, Ktc. " -
HOPS 1919 crop. 1 per. pound; 1920
contracts, 75c; three-year contracts, 45c
average.
MOHAIR Long staple, new clip. 45850c
per pouna.
TALLOW No. 1. HVi12c; No. 2. 100
per pound.
CASCARA BARK Per pound, old peel,
lljc; new peel, 10c per pound.
WOOL Eastern Oregon. 40Jj60c; valley,
medium. 35c per pound.
UKAIN BAGis Lur lots, 21 &c, coast.
Oils.
LINSEED OIL Raw. barrels. I1.8S: raw.
drums. J2.05; raw, cases, J2.13; boiled, bar.
rels, J2; boiled, drums, J2.07; boiled, cases.
-. lo.
TURPENTINE Tanks, J2.46; cases,
J2.H1.
COAL OIL Iron barrels, 14V417c;
cases, i'(r.4c.
GASOLINE Iron barrels, 27c; tank wag
ons, 2c; cases, 39Vac.
KUfL OIL Bulk. $2.10 per barrel.
SAN FRANCISCO PRODUCE MARKET
Prices Current on Vegetables, Fresb Fruits,
Ktc, at Bay City.
SAN FRANCISCO. May 13. Butter Ex
tra grades, o-tc; prime firsts, nominal...
Eggs Fresh, extras, 47c; firsts, 42o;
extra pullets, 41'jc; undersized. 34V:C.
Cheese, old, steady. California flats.
fancy, ZJtec; firsts, 23V3C; Young America,
29 Vic.
Vegetables Beans., string, 15i(rl7y.c
wax, 1041-12V!C per pound; bell peppers, per
pound, large, 1025c, small, 7!&l.ic;
squash, summer squash, per crate, $1.25
l.oo; Italian squash, $ 1.506ji 1.75; tomatoes.
Mexican, fani'y, S2&3 per 30-pound lug;
southern, J- ('3.25; potatoes, rivers, $0.50 -y)
7.J5 per cental: plow outs, $5$iro; Netted
(Jems. $7.5U7.75; new potatoes. Garnets,
GV-j8c; white, 6(J3)71.c per pound; Tur
lock sweets, 9 11 c : onions, brown, J77.50
on, street: Imperial Bermuda, J2.65(y'2.75
per crate: crjstal white, 7rtli9c per pound;
cucumbers, hothouse, $4 per box; Garlic, 35
(&40c per pound; artichokes, $4&i7 per
largti crate; turnips, J2.25fgi2.50; carrots.
'A; beets, $2.25&2.75 iter sack; lettuce, Jl
f(i'l.50; asparagus, 6i'8c; fancy graded,
79c; green asparagus, 4U'tic: green
onions, Sl.-ogp l.oo per box; celery, per
crate. $2raG; eggplant, Los Angeles, 5
10c per pound.
Fruit Oranges, navel, J4.30(U'0.50. ac
cording to size; Valenclas, $4.5o$i5.50:
lemons. $3.2o5; grapefruit, $2.o0i&3..0;
lemonettes, Jl.50fc'3;' bananas. Central
American, 8'a;9c; Hawaiian, 10llc per
pound; pineapples, J3$ji5 per dozen; ap
ples, Newtown Pippins. SVi-tier, J3&3.25;
4-tier. J2.75SJJ3: 4V5-tier, 2.502.75; rhu
barb, Jl.50(irl.75; fancy mammoth. 52 per
box; strawberries. Peninsula and Watson
ville, 75'y90c;,' louuats, 59i fci12 V&c; avoca-
does, per dozen, J5&8 for large; apricots.
per crate, fU!U'o; cherries, per pound.
1017Vi-c; per drawer, $1.7.Va2.25: raspber
ries, $3 (a 3.50 per crate; blackberries, J3.75 I
G7M.25 per crate; figs, per crale, J3.
Receipts Flour, 3432 quarters; wheat,
5540 centals; barley, 10,001 centals; beans,
11,275 sacks; onions, 745 sacks; hay, 105
tons: hides, 255 rolls; eggs, 109,080 dozen;
oranges, 1500 boxes; livestock, 950 head.
Coffee Futures Irregular.
NEW YORK, May l:. After opening at
a decline of 7 to lo points the market for
coffee futures rallied on covering and re-
iiuyins- by old Ion 's who had sold out on
wie advances of last week. Reports of an
improved spot demand were a factor, while
the decline in the Kio market had evi
dently been discounted by the private re
ports of late yesterday, but alter selling
up from 14.55c to 14.09c, or 0 points net
higher for September, prices reacted, ow
ing to reports of an easy tone :n the cost
and freight situation. September closed at
14.59c bid. or abo-lt 10 points off from
the best with the general market closing
net unchanged to 2 points hishor. Closing
bida: Miy 11.05c, July 1 i.99c, September
14.59c. October 14.50c, December, January
and March 14.50.
Spot coffee was reported in moderate
demand at from i5Hc to 15vsc for Rio 7s
and 2oc to 24c for Santos 4s.
Naval Stores.
SAVANNAH, Ga., May 13. Turpentine,
firm; 1.92; sales. 280 barrels; receipts,
225 barrels; shipments, 328 barrels; stock,
2274 barrels.
Rosin, firm; sales, 9S9 barrels; receipts,
1531 barrels; shipments, 1305 barrels; stock,
21,220 barrels. Quote: B, 114. 05;. D, $17 65;
E. J17.S0: F, G, H, J17.70&80; I, JI7.70
!0: K. $18.10; M. 1 8. 1 5 & 35 r N, JlSOSpUO;
WG. J18.G5W85; WW, J 1 8.90 19.10.
Fastern Dairy Produce
NEW TORK, May 13. Butter, firm;
creamery hiarher than extras. G0Vii61c;
extras, 00c; firsts, 57't'59c: packing" stock,
current make No. 2, 3! g 4-c.
Kprgs Irregular, unchanged.
Cheese Firm, unchanged.
CHICAGO. Miy 13. Butter, higher;
creamery, 47-r57Vic.
E-jgs Unchanged. Receipts 30.022 cases.
Folutry Alive, hitrher: fowls, 36c
Metal Markets.
New Tork, May 13. Copper and Iron
unchanged.
Tin, spot, 56.00c: June to August, 51.23c.
Antimony. 10.00c.
Lead, quiet; spot offered 9.00c; June
July. 8.02c.
Zinc, easy; East St. Louis spot offered
7.75c.
New York Sugar Market.
NEW YORK. May 13.-Raw sugar, strong.
Centrifugal, 20.o: refined, firm; fine
granuiaiea, tiv.utfr: z.i.
Cotton Market.
NEW TORK, May 13. Spot cotton quiet.
Middling. 41.30c.
Dried Fruit at New York.
NEW YORK. May 13. Evaporated ap
ples, dull. Prunes, firm. Peaches, firm.
Tides at Astoria Friday.
Iliph. Low
0:50 A. M. . .6.7 feet I 4:02 A. M 1 7 feet
10:02 P. M. ..8.0 feet 13:4.6 P. M 2.2 feet
SELLING 'PRESSURE LESS
LIOI'intTIOV TV WATT. STRPTT11"' taot that corn prices are getting fur
LUjllUAlIUA I AL1j Siilll I tner and furth4r away rrom a prop,.,. feed
JIARKET SLOWS DOWN.
Financial and Industrial . Condi
tions Are Still Leading Factor.
Bonds Lower at Close.
NEW TORK, May 13. The same fac
tors or influences which have combined
against constructive effort or bullish ini
tiative in the stock market during the
last few weeks were operative again to
day, although in less pronounced form.
Trading was light and pressure of liq
uidation almost ceased alter the early
dealings. Further enforced dealings were
reported, however, from centers where in
dustrial unrest, credit curtailment and
adverse transportation conditions have cre
ated pessimism. x
Although heavy payments of Interest are
to be made to the government within the
next few days, local banks again loaned
freely of call money at 8 per cent, the
rate later rising to 10 per cent. From
western and southwestern sections, how
ever, came word of increasing money
stringency.
In the stock market, steels, motors.
oils, textiles, leathers and shippings rose
and fell within a more moderate radius.
losses of large fractions to a point pre
dominating at the irregular to heavy
close. Sales, 765,000 shares.
While investment conditions continue
sound, according to leading banking In.
terests, the bond market again lost ground,
all the liberty issues weakening with new
low records in a majority of that group.
International bonds were the only excep
tion to the lower trend. Total sales, par
value, $10,250,000. Old United States
bonds un'changed on, call.
CLOSING STOCK QUOTATIONS.
Sales.
High.
93
40
13194
93 4
2
59 Vi
12!)
88
94
15V4
50
791
lai'Vi
11a
32 Vz
91 4
22 V4
116
6SV4
51
33 V4
79
3SV&
31 J,
34
93 Vs
139
Low.
92 V,
39 Vi
130
92 .
90
f.6-!
128 vi
.
93
15
55 VC
78 Vi
102Vi
113
Sale.
Am Beet Sug.
Am Can " ....
Am Car & Fdy
Am H & L pfd
Am Loco .....
Am Sm & Rfg
Am Sug Rfg.
Am Sum Tob.
Am Tel & Tel
Am Z L & S..
Anaconda Cop
Atchison
A G & W 1 S S
Baldwin Loco.
soo
800
3,200
2.5O0
3,300
I.ilOO
500
1,800
800
l.uoo
4.5UO
8O0
7.500
47,300
92 Vi
34)
131 Vi
03 Vi
91 Vi
59
129
SS
93
13
55
78
4164Vi
114
Bait & Ohio.. 1.200
32
90 V4
22 Vi
113 i
67 Vt
504
33
7SU
324.
31
34 Vi
92
133 Vi
51 Vi
60
HVi
141
26
34
84 '4
51
83 Vi
1 S i
26
99
17S-4
4 2 Vi
23
12 Si
67
28
90
73 Vi
101 "i
39 -Ti
29 Vi
57
17 Vi
83
90 Vi
9
34
93
21
69 Vi
47
63
114
68
83 Vi
92 ,
1"7'4
60 Vi
4 7 '
17
77
40
117 Vi
32 V.
91 Vi
22 Vi
114
68
50
33
78 4
33
31
34 Vi
92 Vi
134
51
60
11
141
27
73
35
84 'S
51
84
18Vi
18 Vi
15
27
99
179V4
Beth Steel B. 24,200
B & S Copper
Canadian Pac
Central Leath
dies & Ohio.
Chi M & St P
Chi & Northw
Chi It I 4c Pac
Chino Copper.
Col Fu & Iron
OIK)
6.200
2,800
200
1.300
2.000
4.5O0
1,500
200
Corn Products. 13.000
Crucible Steel 4,!iuo
Cuba Can Sub 3.100
V S Food Prod 2.5O0
Erie i"0
Gen F.lectric. 1.900
Gen Motors... 77.5'M)
62 Vi
ll!i
141 V4
27',
73
35
83
52
84
19
19 :,
13 is
2S
100V4
182
43
24
13
084
28 Vi
90
73 V4
104
39 vi
29 Vi
57
17
85
92
9-i
35
94 H
21
70
4SV4
63 Vi
115V4
70
84
93
107
C.(i
4S -IS
77
40 Vi
119
Gtr North pfd
Gt N Ore ctts.
Ill Central
lnspir Copper.
Int Mer M pfd
Int Nickel....
Int Paper
Kan City So..
2,200
400
500
1.500
900
4.0O0
3.100
900
3.7O0
6110
Kennecott Cop
Louis & Nash
Mey Petrol..
11.3O0
2.70O
2,400
300
Mid vale Steel.
Miss Pacific.
Nev Copper. ..
N Y Central..
N Y N H & H
Norf & West. .
North Pacific.
P-Am Petrol..
Pennsylva nla
Pilts & W V
Pitts Coal
Ray Con Cop..
42
24
13
68
2SV
90
73 V
I.8OO
2,800
300
1,000
43,000
800
OO0
tint)
300
12.3O0
102 -ti
39
29 Vi
17
84
91
35
Rep I & Steel u,u"u
Shat Ariz Cop 3O0
Sin Oil &' Rfg T0.SO0
So Pacific 12,0110
So P.ailway... 1.O00
Stud Corp 36.500
Texas Co .... 2j,2O0
Tob Products 3"0
Union Pacific 7.500
L'td Rtl Stores 6.4HO
IJ S Ind Alco 4,3(M)
U S Steel. 74.500
U S Steel pfd. iOi)
I'fah Copper
West Electric a.Q"'
Willys-Ovid . 6.00
National Ld...
Ohio C( Gas
R Dutch N Y 10...00
93
21
69
47
63
115
09 V
83
93
in
6U
47
IS
77
40
119
U S Lib 3 Vis.
do 1 st 4s. . .
do 2d 4s. . .
do 1st 4Vs.
do 2d 4Vis.
do 3d 4 Vis.
do 4th 4 'is.
Victorv 3s..
01 301 Panama 3s COU.7R
K5.52i Anglo-Fr 5s.... 98
85.00, A T & T cv 6s. 93
SH.OOiAtch gen 4s.... 71
85.no: D R G con 4s,59
en nUN V C deb 6s.. 87
85 0' N P 4s 9
95 S2; .V P 3s 50
)5oiPac T &. T 5s..70
IT s 's r'eg"...10lVi!Pa con 4V1-S ff
do ."coupon . 1 0 1 i I S P cv 5s . . . . 0;;
TJ s 4s reg...-10f, So Ry 5s ....... .9
do cv 4s cou.10 lUnlon Pac 4s.. 7 (
o :treB 7S U S Steel 5 s 82 Vi
io 4-iis. . .
TtoKton Mining Stocks.
BOSTON. May 13. Closing quotations:
lU.uez 30 INorth Butte..
Ariz Com.... 1010ld Dominion
Cal & Ariz 00 I Osceola
Cal A Hecla..320 iQuincy
11 ISunenor
18
29
42
53
5
3y
1 S
Cop R Con Co..
v; Butto Cop..
Franklin
Isle Roy Cop..
Lake Copper. . .
Mohawk
"' S'iKniinn
2'1'tah Consol.
29 ' Winona
3V.'. Wolverine ...
eov-jl
16
Money, Exchange, r.tr.
NEW TORK, May 13. Prime mercan
Bxchange weak. Sterling 60-day bills,
$3.76; commercial 00-day bills on banks,
13 7874 : commercial 60-day bills. $3.6
demand, $3.81; cables, $3.81; drachmas,
8.50.
Call money, easy: high, 10 per cent
low. 8 per cent; ruling rate, 7 per cent
closing bid. 10 per cent; offered at 10
per cent; last loan, 10 per cent.
Bank acceptances, 6 per cent.
Sterling recovered slightly on the late
dealings: 60-day bills, $3.77; commercial
60-dav bills on banks, $d.7 1 ; commercla
60-day bills, $3.77; demand, $3.81; ca
bles, $3.82.
Bar silver. $1. '
Mexican dollars, 76Vi.
LONDON, May 13. Bar silver, 58d
per ounce. .Money, 5 per cent. Discoun
rates, short bills, 6 per cent; three-month
bills, 6 11-16 per cent
Swift & Co. Storks.
Closing prices of Swift & Co. stocks a
Chicago were reported by Overbeck
Cooke company of Portland as follows:
Swift & Co.... 110'j
Libby. McNeil & Libby :
National Leather 11,
Switt International 36
CLOSE IS lev
RALLIES FAIL TO HOLD AND
LAST PRICES ARE LOWER
Indications of Material .Enlarge
luent of Movement of Grain to
Terminals; Oats Uose Gains.
CHICAGO, May 13. Support for high
prices R.ive our today in the corn market.
rallies failed to last &nd there was a heavy
close, lc to 2c net lower with July
$1.75' jjpl.754 and September $1.624
I.H214. Oals lost lUtC'ic to lmc, and
provisions 25 & -52c
.Much attention was Rjven to talk of
special efforts which western railroads had
begun with the purpose of enlarging the
movement of grain. A report that Omaha
was shipping corn to Chicago and that
Kansas City and Milwaukee were ready to
follow suit, put the bulls at a further dis
advantage and made values drop rapidly
at the last.
Oats although firm at the start declined
later with corn.
Provisions reflected the weakness of
grain.
The Chicago Viarket letter received yes
terday by Overoeck & Cooke company of
Portland said:
Corn The volume of selling that per
sisted throughout the early trading proved
loo much for tho .buying power and the
subsequent decline was quite sharp. All
in all. thre was more In the general run
of news to Influence liquidation than to
stimulate purchases. Outside cash mar
kets, especially St. Louis, showed indica
tions of weakness and as the Chicago mar
ket is already above a parity with others,
this was construed as a forceful argument
in favor of lower prices. Another leading
railway issued a preferential order on
I grain shipments and. although there was
I ni actual change of importance In the 'ocal
' strike situation, a more optimistic feeling
seemed to obtain. In anticipation of an
. early settlement. A feature that has had
' much to do with ths recent advance vas
reversed today when It was intimated that
the edge was off the export demand for
wheat. More cognizance is beinfr taken of
Ing basis, as demonstrated by the increas
ing runs of lightweight bogs to market.
Oats Some short covering took place
shortly after the oDenins:' and imparted
temporary strength to the market, but for
the mOBt part the tone was weak. TheT
September delivery is particularly active to
sellers as the present price level repre
sents considerable damage to the growing
crop, which failed to materialize when the
weather improved.
Rye Weakness prevailed in both cash
and futures and there was little sustain
ing power apparat at any time.
Leading futures ranged as follows:
CORN.
Open. Hijrh. Low.
Close.
$1.94 Vi
1.75
1.62
1.04V4
.91
.75
36.35
37.35
May...
July. . .
Sept. ..
May. ..
July. ..
fl.'Mi $1.!P7 S1.B4
1.77i 1.7114 1.74
1.64 1.05 1.61
OATS.
1.0o l.OSli" 1.04
..'!!4 .03 .01 V.
Sept...
MESS PORK.
May. ..
S7'40 sV'.tO 3Y.25
uly . . .
LA HO.
20.S9 20.95 20.73
21.80 2l.2 21 42
22.70 V2.70 22.23
SHORT RIBS.
May..
2C 75
1:1. 2
22.27
18.25
It). 05
10.75
uly . .
Sept..
May ...
uly 19.1
19.30
10.00
Sept
CKBh prices wero:
Wheat No. 1 -ed. $3.10
Corn No. 2 mixed, $2.13 No. 2 yellox,
.13H2.14.
Oats No 2 whl'e i 1 1 4 U i 1 1 S: No. 3
white, $1.13(81.15.
KJ'e 1MO. . J2.22.
Barley J1.65 a 1.68.
Timothy seed 1UI1.50
Clover seed $250 35.
Pork Nominal.
La re" $20. 73.
Kill J17.75?rla.7S.
Grain at Sao Francisco.
SAN FRANCISCO. May 13. Grain
Wheat. $3.66 2-3 per cental: oats. red.
$3.40 3.50; barley, feed, $3.40 3.50: corn.
California yellow. J3.603.70; rye, nom
inal.
Hay Fancy wheat hay, light. flve-wir
bares. J3S&41 per ton; No. 1 wheat or
wheat and oat hay, J33&3S; No. 2, 32
35; choice tame oat hay, $37 440; other
nal; alfalfa hay, J3037; stock hay. $29
Oregon wheat and oat mixed, J294V32:
Ko. 1 barley straw 70c($l per bale.
Seattle Feed and Hay.
SEATTLE, Wash., May 13. City deliv
ery: Feed, mill, $02 per ton; scratch feed.
$89; feed wheat, $97; all grain chop, $79;
oats, $78; sprouting oats, $81; rolled oats.
$80; whole corn, $82; cracked corn, $84;
rolled barley, $78; clipped barley, $83.
Hay Eastern Washington, timothy
mixed, $47 per ton; double compressed,
$51; allalla, $44; straw, $18.
Minneapolis Grain Market.
MINNEAPOLIS. Kay 13. Bailey, J1.49
; i . 1 e.
Flax No. I.y?4.70ff4.75.
Dulnth l inseed Market.
DULUTH, May 13. Linseed, J4.65Q4.69.
QUERIES WIDELY RANGE
LIBRARIAN IS SUPPOSED
TO
KNOW EVERYTHING.
Acting Chief of Local Institution
Gives Directors Idea of AVhat
the Public Expects.
That degree of versatility which
is demanded of modern library serv
iue was illustrated in the scope of
typical questions .submitted to the
information department of cen
tral library during- April as related
to the directors of the association
Wednesday nig"ht by Miss Zulema
Kostomlatsky, acting chief librarian.
The questions of the month ranged
from How to use syrup for sugar'
to an inquiry f-or a list of books for
ten seamen who are to be gone on
a voyage to the arctic for two yeara,'
said the librarian in the course of
her report.
Another seeker after information
asked how best to apply smelt as a
fertilizer, the query arising from the
semi-miraculous seasonal run of the
fish in- the Sandy river. The in
qotirer was lniormea that the use
of smelt as a fertilizer, while of
undoubted practical advantage, wa
frowned upon by the fish and game
commission.
E. B. MacNaughton, chairman of the
library extension committee, reported
plans for an experimental test of
library wagon routes through near-by
rural district during the coming
holiday months. Under the plan two
motor trucks will cover routes at
specified times throughout the sum
mer, supplying school children and
elders of the neighborhood with well
selcted fiction and informational
works.
$500. FELLOWSHIP IS WON
liichard X. Nelson Honored by
University of California.
UNIVERSITY OF OREGON, Eugene,
May 13. (Special.) Richard N. Nel
son of Eugene, graduate of the Uni
versity of Oregon with the class of
1919, has just received a one-year $500
fellowship in geology at the Univer
sity of California, according to word
received here today by Dr. E. L. Pack
ard, professor of geology. The posi
tion requires no teaching, giving the
student all his time for advanced
research.
While in the University of Oregon
Mr. Nelson distinguished himself by
his work in geology. Dr. Packard
says. Last summer the two men were
engaged in -field geological work for
a large commercial oil company.
SHEDD CAlF CLUB LIKED
Jersey Breeders Praise Work of
Young Stockmen.
OREGON AGRICULTURAL. COL
LEGE, Corvallis.- May 13. (Special.)
That the Shedd Jersey Calf club is
the best of its kind in the country
was the assertion of M. C. Munn, pres
ident of the National American Jersey
Cattle club, in an address to the club
members on the occasion of the visit
of the Jersey jubilee people to the
club. He said that the young people
of the club will some day be the lead
ing Jersey breeders of the state.
The Shedd club was the only club
in the northwest to win the $75 prize
given by the American Jersey Cattle
Breeders association last year, and
they are working hard to win it again
this year.
Bond Certification Asked.
- SALEM. Or., May 13. (Special.)
The report of the engineers showing
proposed improvements to the muun
tain sheep irrigation district, was re
ceived at the state engineer's office
today, accompanied by a request for
the certification of bonds in the sum
of $150,000. This district contains
approximately 11,000 acres of land
and has been, under development for
several years. The latest issue of
bonds is proposed to care for addi
tional improvements, which, the offi
cials of the district say, will place
the district on the highest plane of
production.
Yakima. Pastor Comes to Portland.
YAKIMA, Wash.. May 13. (Spe
cial.) Rev. A. M. Bowes, pastor for
the last four years of the Nazarene
church of this city, has accepted a
call to the pastorate of the First
Nazarene church of Portland. He'will
remove to that city early next month.
His successor here haa not been
chosen.
CUTTLE STEADY AT CLOSE
PRICES ARE MAINTAINED AT
NORTH PORTLAND YARDS.
Hogs Are Weak Most of Day; Slieep
and Lamb Quotations
Unchanged.
Seventeen loads of stock were received
at the yards yesterday, and there was a
fair degree of activity in the market.
Cattle opened slow and weak, but the
demand improved later and the market
closed cteady. In the hog market the
top held at $16, though no sales were made
above $15.73 during the day. Sheep and
lcmbs were steady.
Receipts were 119 cattle, 610 hogs and
409 sheep.
The day s sales were mm follows.
Wst. Price.
Wgt. Price.
440 J 1:1.75
12 steers
ioi;;. f ii.ooj
1 hog. . .
5 lambs.
6 lambs.
2 lambs.
4 lambs.
2 steers. 1
11.75
08
05
60
67
15.75
15.50
15.50
12.23
15.50
12.00
9.00
9.00
8.00
6 steers. 973
20 steers. 1109
21 steers. 1105
2 steers. lo:i5
20 steers. 926
17 steers. 1295
10.551
12.
12
11.001 10 lambs.
53
50
160
140
107
136
135
1 14
120
114
115
95
90
113
140
150
90
100
no
90
1 l.o.i 2 lambs.
12.001 1 ewe. ..
4.0O1 2 ewes. -
5.00 4 ewes. .
6.00 3 ewes..
S.50i 2 ewes..
9.50! 7 ewes. .
10.50 1 ewe. ..
6.751 9 ewes.
7 cows. . 720
i cows. .
3 cows. .
5 cows. .
2 cows. .
2 cows. .
1 cow . .
1 ca:f . .
1 cat!..
1 calf. .
1 ea'.f . .
1 calf. .
1 calf. .
1 calf. .
1 bull..
2 bulls. .
3 bulls. .
773
9SR
9SQ
1010
1O90
790
9.00
S.00
9 00
9.00
9.00 I
f'-OO 1
140
15.001 2 ewes
270 '10.0O! 2 ewes..
3.00
d.MO
9.00
li.r.o
X.00
14.50
13.00
13 OC
13.30
13.50
13.50
13. 00
13.75
10.00
12.00
7.50
13.50
13.50
12.00
15.75.
15.50
8.50
7. 00
11.00
20
15.501 1 ewe
130
ISO
130
170
4S0
715
138
190
415
310
150
2:t0
201
1S5
191
113
195
172
130
P55
17
1S3
1 !)
173
Id
i n
350
16.00111 ewes. .
15.50j 1 ewe. . .
14.01)1 1 ewe. . .
16.001 1 yearl. .
6.00:12 yearl..
7.00119 yearl..
6.00129 yearl..
15.35114 year!..
lO.OOi 4 yearl. .
l:: 00S9 yearl..
15.5049 year..l
15.35114 weth. .
15.351 1 wether
15.50! 1 buck. .
15.75'92 lambs.
13.751 1 lamb. .
15.751 2 lambs.
15.75134 lambs.
13.751 6 lambs.
15.501 3 ewes..
J3.75 1 ewe. . .
"5.65; 7 ewes. .
15. H5 4 ewes. .
15.751 3 ewes. .
15.501 1 ewe. ..
14.50! 3 ewes. .
13.751 2 hogs. .
15 C5 1 hog. ..
15.23: 2 hogs . .
12 hogs. .
4 hogs. ,
1 hog. . .
1 hog. . ,
8 hogs. .
6 hogs. .
105
8a
86
166
120
37
63
80
60
72
60
116
120
127
19 hogs. ,
14 hogs. .
12 hogs.
4 hogs.
8 hogs.
1 hog..
4 ho.Ts.
4 hogs.
3 hogs.
5 hogs .
143
9.00
10 hogs.
116 11.00
9 ioes.
150 9.00
12 ho;s.
116
162
490
8.50
15.50
10.25
1 hog. .
2 lions
ISO
145
12 hogs.
410
10.25
Livestock prices at the Portland stock
yards were as follows:
Best grain, pulp-fed steers J12.25ffi13.no
t holce steers 11. oOGi 1 J. 2.
Good to choice steers 11.0011.50
Medium to choice steers lO.Ooef : 1.00
Fair to medium steers 9.00'i 10.00
Common to fair steers 8 OO1S1 9.00
Choice cows and heifers 1 0.25 (ft 1 1.00
Good to choice cows, heifers.. 9.0010.25
Medium to good cows, heifers. 8.00iir 9.00
Fair to medium cows, heifers. 7. Ohio) 8.00
Canners 5.00 6.00
Bulls 6.rnifF 9.00
Prime light calves 13. 00a 16.00
Medium light calves 8. now 12. on
Heavy calves r eu-o? 8.50
Stockers and feeders 7.50 0 8.50
Hogs
Prime mixed 15..iOif) 16.00
Medium mixed 14.50 fir 1 5.50
Rough heavy 10.00 fa 1 5.00
Pigs 12.00 to 15.00
Sheep
Eastern Iambs 15.50f3il6.00
Light valley lambs 14.0015.00
Heavy valley lambs 13.0oif? 14. OO
Common to medium lambs... 10.5012.50
Yeorlings 13.00ro: 1 4.00
Wethers 12.50rn( 1 .1.25
Ewes 8.00 If 12.00
Spring lambs 1 4.0111?!. 15.50
Throw-out spring Iambi .... 10.00't 11.00
Chleujo Livestock Market.
CHICAGO. May 13. Cattle Receipts
11,000 head, beef, steers strong to 25c
higher, with best action on light and me
dium welicht; bulk at $11. B5 13.30; prime,
heavy yield, up to J14; fat cows and heif
ers unevenly 15c to 25c hicher. Bulk
$8.7561": canners steady, with bulk at
J. l.'ofeo.TS: bulis strong, good and choice
calves steady; light, slow to lower with
bmk at 1 ly 12.50; stockers steady.
Hoss Receipts 35.000 head; active,
mostly steady. Spots 10c lower. Top
$15.35: bulk light nd light butchers.
14.lto?15.15: bulk. 250 pounds and over,
$14 'a 14.75: pigs 25c higher, with bulk
desirables at $13.50t14.
. Sheep Receipts. 0OO0 head; uneven
mostly steady, quality fair. California
spring ! lambs. $20; bulk shorn lambs,
$17.504i18: choice light shorn yearling
wethers, $16.25;
OmabsV Livestock Market.
OMAHA, May 13. Hogs Receipts. 0000
head: opening 10c to 15c higher; closing
steady, strong weight hogs at advance.
Top. $14.25; bulk of tales. $13.50iirl4
CattleRecepts. 3500 head: beef steers
steady to 25c lower; bulk of sales $11.50
12.75; bes'. heavy steers held at $13 25- she
stock steady. Bulk $S.7511; stockers
and feeders slow; about steady.
Sheep Receipts, 4ooo head, steady to
25c lower. Best California yprLig iambs.
$18.io; top clipped lambs. 417. to.
Kansaa City Livestock Market.
KANSAS CITV. Mo.. May 13. (XJ s
Burau of Marketi.) Cattle Receipts!
....O0 head: most packers generally steady:
Colorado pulpera. 1 2.75i 13.1 T, : host year
lings. $13; most she stock, SS.fil) 10- good
!!,lojtI,,:..?H0'ce veal calve3. "rong; bulk.
Sh-ep Receipts. 3000 head; fat sheep.
10fi)2;.c higher: bulk wethers. (12Ol'50
yearling, steadv : bulk. 1 fi -. .,..1..
lambs. 50c lower: bulk, f 18 18.00; goats
steady; bulk, 7.2.-igi. ' Bu,"a-
Seattle Livestock Market.
SEATTLE, Wash.. Mav 13. Hn-P..
celpts, 92 head: steady. Prime. 105il0.ri0-
medium to choice. Sl.".!lt; rough heavies
$14i. 14.50: pigs, $13ivil4.
Cattle Receipts. .V head: stearic
steers, $12-8.13: medium to choice, $1012
common to good. $7,50410: cows and'
heifers, 10.2."f10.7.:: common to mnil
$7310; bulls. $7.50WS50; calves, $7.501
CADETS TO TRAVEL FAST
Special Train Provided to Take
Students to Summer Camp.
OREGON AGRICULTURAL COL
LEGE, Corvallis, May 13. (Special.)
Men attending reserve officers'
training corps summer camp at Camp
Kearny near San L-iego will go from
here on a special train, according to
word issued by the military depart
ment. The train will start from Pull
man? Wash., bring men from Wash
ington State college and University
of Washington, arriving June 15 at
Albany, where it will pick up the
Oregon Agricultural college delega
tion. It will stop at Eugene and
other places on the way south.
All men going to summer camp are
making final arrangements this week
for transportation. This is necessary
so that the railway requests will ar
rive on time. Some men are arrang
ing to leave for thir homes and spe
cial requests must be granted.
SUGAR INQUIRY ORDERED
Investigator of Department of Jus-
- tice Will Visit Yakima.
YAKIMA. Wash.. May 13. (Spe
cial.) A special investigator of the
department of justice is coming here
to make inquiry into alleged prof
iteering in sugar in this city and vi
cinity. U. S. District Attorney
Garrecht refused to discuss a rumor
that the move was connected with
arrests of sugar company officials in
Salt Lake City on profiteering
charges, but said he expected the in
quiry to cover all phases of the
matter.
An effort to obtain agreement of
local business men on the personnel
of a Yakima fair-price committee
failed some time ago, and Mr; Gar
recht decided to handle such matters
directly through the department of
justice.
ELMER SMITH RELEASED
Attorney Accused of Ccntralla
Murder Out on $500 Bond.
CENTRALIA. Wash., May 13. Elmer
Smith, attorney, charged with tb
murder " of Arthur McElfresh, Cen
trally armistice day parade victim,
was released from jaU at Chehalis,
Wash., today, after $5000 bond for his
appearance had been approved in j
Lewis county sunerior court. A Bim-
ilar bond filed for Mike Sheehan, co- '
defendant wttn Smith, was not ap
proved. Smith and Sheehan were acquitted .
at Montesino. Wash., in March of a I
charge of murder in connection with
the death of Warren O. Grimm, an
other victim of the Oentralia shooting.
DAILY CITY STATISTICS
Marriage Licenses.
CLARKSON-BLAKET Joe F. Clarkson.
21. 170 Thirteenth street, and Lillian
tjlakev, 23, 1TO 1 nirteentn street.
EOGEMAN-HATSELL George "W. Er
geman, 22. 703 Milwaukie avenue,, and
Maru Hartsell. 20. 703 Milwaukie avenue
YATES-OW1NN Granville G. Yates, 48.
New Perkins hotel, and Mrs. Lizzie Gwlnn,
legal. New Perkins hotel.
MILLER-BOYT Zain Miller. foot of
Reno street, and Mary Boyt. legal. Sixty
third and Fortv-flfth avenues.
TOBIN-MERMELSTEIN Harry Tobln.
30. 151 Pejid'.eton street, and Bel'.e Mer-melntel-n.
10. 1275 Kelly street.
SEWALL-TAIT Howard Stoyall Swall.
20. 6S2 Boise street, and Dorothy Marie
Talt. 10. 130 East Thirtieth street.
MOO RE-HE?" KERN AN M. E. Moore. 41.
632 Third street, and Grace E. Heffernan.
32. 632 Third Ptreet.
KRUEGER-ROUTLEDGE Raymond C
Krueger. 28. Multnomah hotel, and Ruth
A. Routledge. 27. 409 Broadway.
ROB B-F LYNN Earl C. Robb. 31. Cut
bank. Mont., and Veda M. Klynn, 26, 82S
Division stret.
PEERY-NEELT R. C. Peerv. 28. Pclo.
Or., and Eva A. Neely. 28, Rainier hotel.
....
tanronver marriage licenses.
WALLING - JOHNSTONE Wright B.
Walling, legal, of Seattle, and Martha
Johnstone. 37. of White Salmon. Wash.
WILKINSON -ST AN TON R. R. Wilktn
son. legal, of Pendleton. Or., and M. J.
Stanton, legal, of Pendleton, Or.
Easiness Women Organize.
CHEHALIS, Wash., May 13. (Spe
cial.) Chehalis business women have
formed a club with a membership lim
ited to 20 members. Charter members
are Miss Marion Coffman, Mrs. June
Sloper. Miss Bessie Charneski, Miss
Inez Goodell, Miss Fern Bates and
Mrs. Ollison. The new organization
was launched at a dinner given at a
local hotel.
DATXT METEOROLOGICAL. REPORT.
PORTLAND. May 13. Maximum tem
perature. CS degrees; minimum, 41 degrees.
River reading at 8 A. M S.l feet; change
in. last 24 hours, 0.5 foot rife. -Total rain
fall (5 P. M. to i P. M.I, none: total rain
fall since September 1, 1910, 30.31 Inches:
normal rainfall since September 1, 40.95
Inches; deficiency of rainfall since Septem
ber 1, 10.64 inches. Sunrise, 4:41 A. M. ;
sunset, 7:34 P. M. Total sunshine, 14
hours u3 mlnues; possible sunshine, 14
hours 53 minutes. Moonrise, 2:00 A. M, :
moonset. 2:27 P. M. Barometer (reduced
to sea level) 5 P. M., 30.05 inches. Rel
ative humidity at 3 A. M., 87 per cent; at
noon, 66 per cent: at 5 P. M., 43 per cent-
THE WEATHER.
? K5 Wind!
2- "2. O
2 3 5-
C O
3 3 a 5.
STATIONS. S S " Weather.
3 3 : : :
5 2 S
: - : :
S : : : ' .
3 3:::
: : -
Baker
Boise
Boston
Calgary . . .
Chicago . . .
Denver . . . .
Les Moines.
Kureka
tlalveston .
Helena ...
J uneaut . . .
6C;0.00i12'X
70.0Oll2W
50 0. ISl . .!K
oU'O.OUjIOjSIS
4(1 o. Oil IS N
Clear
Pt. cloudy
Cloudy
Cloudy
Clear
44
4o
.14 4 o . . . f 1
4 0. oil! . . :K
Kain
44l 50 0.0010;NE Cloudy
4s; 5J O.Od'l J.NW Clear
78 S4 0.0O14SK ICIear
3S' r.2 O.OOi. .INK ICloudy
3Si4-J O.TJl . .!S (Cloud
Kansas City
50 1 .Ot'lO NB Pt. cloudy
I. os Anreies.
Marsh field
Med ford ....
Minneapolis
6!!0.IHll . . V (Cloudy
50 O.OOil-' NW Clear
74, 0.OOHi.N'W Clear
50 0.00,12 N'E Clear
IMllo'. 04 . . bZ Cloudy
5S0..1I i: S Cloudy
44 0.00 -J6.NW Clear
New Orieans
New xork. .
North Head
Phoenijc ...
Poeatello ..
Portland ..
Roseburff . .
Sacramento
St. Louns..
Salt Lake ..
San Dieso.
o.oo ia.w ;pt. ciouay
40: 600.0H;l0iB ICioudy
42 OSO.OOi .. N W Clear
3S 7 J 0. 0' 10iN Clear
44l 7Si0.0O'10 S Clear
4lV SO O.OOllS NE Clear
54i 01;0.lOi-"J li Cloudy
511 tto'O.OO! . .ISW Cloudy
40 fi0i0.no i-SJ SW Clear
44! 4 0.0O10 N Clear
34 40 0.1 4',. . I Clear
4Si osiO.no . .IN iPt. cloudy
s. Francisco;
Seattle
Sltlcat
Spokane
Tacoma
I 401 64,0. OO!. . IN ICIear
Tatoosh Isd.l 40' 52 o. oo ioi W ICIear
Valdezt I 3O'50'0. 0O1 . ,iSB Cloudy
Walla Walla) 501 72,0 .ooj . .IN W Clear
Wasliinton
50; i.4i0.si . . n icioiiay
30 0;0.00..1N (Clear
4S 76 0.0OI. .'.SW Clear
Winnipeg ..
Yakima
today. P. M. report of preced-
FORECASTS.
Portland and vlniclty Fair; northwest
erly winds.
Washington and Oregon Fair, west portion-
probably showers and cooler c-att portion-
moderate northwesterly winds.
A Diversified
Municipal 5.58
Investment
Five municipal issues at prices
to return an average income of
more than five and one-half
per cent, on an investment in
equal amounts of each.
Circular on request -for OR-034
The National City
Company
Correspondent Offices in Over
50 Cities
Portland Vron Bnildlng.
Telephone 607- Main.
FACTS 533
Improves
With Age
Twelve years ai?o a
contract was award
ed for p a v 1 n gr with
Warrenite - Bitulithic
S h e r i d an Boulevard
in Chicago. The fol
lowing year many
other sire et s were
improved with the
same material. Re
cently an inspection
of this district was
made; the streets
were foimd in perfect
condition and it was
decided to pave
another district with
Warrenite
Bitulithic WAHBE1 BROTHERS
COMPANY.
Write for
Slnppaf Tag! mi Price list
SULLIVAN HIDE & WOOL CO.
144 Front St.
Portland
m -m Ill : I la 11 1,
- 1!
'fliI'-fcSd.': '
Low Price, High Yield, Tax Exempt
THOSE are the important, outstanding features afforded by the aiu
nicipal lists below. The discriminating investor will do well to consider
such advantages in putting money to work. The safety of security behind
these bonds is, of course, beyond question.
Amount. Location and character
1,000 C!arke Co., Wash., road bonds.
2,000 Roosevelt. Utah, waterworks. .
2,500 fSeaside, Or., funding bonds...
2,500 fSeaside, Or., funding bonds...
2,500 fSeaside, Or., funding bonds
hall and intersection bonds..
1,000 'Seattle, Wash., light and power-
Denominations: 'Bonds of J1000. tBonds of 1500.
Interest payable in New York or at Morris Brothers, Inc.
Telephone or telegraph orders at our expense.
LIBERTY and VICTORY BONDS
If yon mtiftt ell ronr I.lbertr or Victory bond, sell t nn.
If you can bur more UhertT or Victory bond, buy from ds.
On Thursday. May 13. 1120. the closinjr New York markrt prices were as riven
below. They are the coverninK price for Liberty and Victory bonds all over th
world, and the highest. We advertise these prices daily In order that you may
always know the New Tork market and the exact value of your Liberty and Victory
Bonds. 1st 1st I'd 1st 2d 3d 4th Victory
S.f 4 4.o 41- 4Ws 4s 89 4m
Market.... $01. 20 $Sr-30 $54.00 JSfi.40 $S.Vu0 $SS.0 $S3.4 $05.00 $95. 7f
Interest.. . . 1.45 l.Utt 1.99 1.76 2.11 .70 .34 1 . 5o 1.97
Total. $02.05 $86.06 $S3 SO $SS.1 $S7. 11 $80 .30 $35.80 f07.45 $97.75
When buying we deduct 37c on a $o0 bond and $U.30 on a $1000 bond. W
sell at tho. New York ir.arket. dIus the accrued interest.
Dure Jar and Fireproof Safe lienonit lloxea for Rent
Until 8 P. M. on Saturdays .
Morris Brothers us
Camtal
fie TremiercMumcipaf tBoncfflouso
I Onc Million
.DOLLAH
Morris Bide. S09-11 stark St.. Itet. Fifth and Sixth
Telephone Broadway 2151 v
KINGMAN COLONY cm.--,'
DRAINAGE DISTRICT
Malheur County, Oregon
6 GOLD BONDS
Exelmpt From Federal Income Tax
This district is highly productive. Over 90 is under
cultivation.
BONDS and drainagre plans have been approved by the
Irrigation Securities Commission, composed of the State
Engineer, the Attorney-General and the Superintendent
of Banks.
The Bonds have been certified by the Secretary of State.
PRICES TO YIELD 64
Dated March 1, 1920 Due March 1, 1925-40
Federal Income Tax Exempt
Eligible to secure all public funds in Oregon. Legal
investments savingsbanks and trust funds in Oregon.
I 1 f7 iff
liutior SiipGOtiicmOrogcm Stoic Cakin)cjrinjcni.
Bonds, Trusts, Acceptances
Lumbermens Trust Bldg.
Carnation Milk Products Company
5-year, 7 Convertible Gold Notes
Denominations ?300 and $1000
Dated May 1st, 1920 Due May 1st, 1925
The Carnation Milk Products Company is one of the most prosperous
concerns in the NORTHWEST.
The Company never had any bonded debt outstanding and has never
before done any public financing. The gross sales have increased from
57,906,820 in 1914 to $36,794,687 in 1919.
The Company owns twenty-two large Condenseries, most of them
located in Oregon and Washington.
Total assets after deducting all indebtedness except this Note Issue
are over three million dollars, or more than FOUR times the amount
of this Issue.
Price $96.50, to Yield 7.85
Blyth, Witter, a Co.
UMIED SATES GOVERJM1EHT MUNICIPAL ATTD CORPORATION B0KDS
YEON BUILDING PORTLAND, OREGON
Telephone: Main 3304
San Francisco New York Seattle Los Angeles
We own and offer our participation
Carnation Milk Produce Company
5 Year 7 Convertible Gold Note
Dated: May 1, 1920 Due: May 1, 1925
Price 965 i and interest
TO YIELD 7.85
Qarstens & paries, Incorporated
Established 1891.
Capital and Surplus $1,200,000
Government, Municipal & Corporation Bonds
TMrd Floor U. S. Nat'l Bank Bldg. Telephone: Broadway 4108
I
f
Rate Maturity Price Yield
. 5Vi A&O 1935 100 5.50
. 5 Vz A&O 19G6 100 5.50
. 5 A&O 1937 100 5.50
. SVs A&O 1939 100 5.50
. 6 J&D 1938 100 6.00
. 6 J&D 1930 100 6.00
. 6 J&D 1931 100 6.00
. 6 J&D 1032 100 6.00
. 6 J&D 1903 100 6.00
y
. 6 J&J S0-'39 100 6.00
.. 5 A&O 1929 96.39 5.50
Ovc Quarto I
Ccnt
UVY M