Morning Oregonian. (Portland, Or.) 1861-1937, May 21, 1920, Page 27, Image 27

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    TIIE MORNING OREGONIAX. FRIDAY, MAY 21, 1920
WOOL AUCTION SALE
SET FOR JUNE 14
Date Postponed Because
Lateness of Shearing.
of
NORTHWEST BUYING LIGHT
iiriti-li Sale of Fine Australian
Wool at Boston Is Failure.
Prices Off 2 0 Per Cent.
The wool auction fhIc, which was sched
uled to be held in "this city on May -".
has bjn postponed until 10 A. M.. June
I t. Announcement to this effect was made
yesterday by T. J. Alahoncy, general man
ager of the Columbia Basin Wool Ware
house company. The sale will take place
at the company's warehouse. The post
ponement was made necessary by the late
ness of shearing' and the delayed arrival
of wool here, due to backward shearing and
the car shortage. About 1,000,000 pounds
of wool have come in already, but there
is not enough variety In the shipments as
yet for, the sale.
Wool buying in the open market
throughout the northwest continues light
brcau.se of the unsettled condition ot the
wool trade in the east.
The following w ire was received from
Boston yesterday:
'Tho British auction (tale of fine Aus
tralian wools today was a failure. Prices
were fully HO per cent off and practically
70 percent of the wool was withdrawn, i
The best staple sold at $1.S0 and less."
A report on the British wool tnanufac- J
turing- industry just issued by the United
Slnte tariff commission is of much timely
Interest. The report describes the condi- ;
tions of the British industry at the present
time and presents the factors which tend
toward m down ward movement of prices
and, a)o, tliowe whose influence is toward
the maintenance of the present high levels.
Among the factors which promise a de
cline In prices are, chiefly: The large
world supply of wool and the relatively
low wages being paid to mill operatives
In .England. The report indicates that
large stocks of wool are on hand or now
being gathered In the southern hemis
phere. The stocks are, In part, a residue
of tho war clips which could not be trans
ported to the consuming a roan, and in
part the clip for the present season. Along
with this abnormal supply there is an un
usual situation with respect to the prob
able world consumption. With the cur
tailment in the number or working hours
in Kngland from 55 to 4H per week; and
with tho continental industries consider
ably crippled, either by reason of the war
destruction or of the present exchange
condition, ti appears probable that the
quantity of material which it will be pos
sible to push through the world's machines
will be substantially less than that which
was manufactured In the pre-war period.
The extent to which such an over-supply
of wool will ultimately affect prices, either
in Kngland or in the United Stales, de
pends upon a number of factors. Among
these may be especially mentioned the pe
culiar character of the possible demand
for wool fabrics, which now tends toward
tiiotje-made from merino and high cross
bred wool. As long as the demand ib so
largely limited to such fabrics, the rela
tive scarcity of wools suitable for their
manufacture nullifies, to a greater or less
extent, the influence of the unusually large
supply of wool of other soils,
M il EAT nOI DKKS ASK. FIKM I'Rit'ES
(oane Grains Are Irregular on the Local
Uoiirtl.
The Minneapolis wheat market was 15
cents lower yesterday, hut prices were firm
here w4th very little offered. Sellers a.skeci
60 c?nts premium on soft wheat aid 70
to 75 cents on hard w heat
Coarse grains were irregular at the local
toard session. Corn bids ranged from un
changed to $1 higher and white feed oats
from unchanged to 50 cents lower. Barley
was about steady here and higher at San
Francisco, where December sold at $;.H...
There will be no session of the Mer
chants' Exchange today on account o( the
election.
New York advices said there were large
receptances of wheat, flour and rye. with
German and French Interests reported
to have bought ry-
The weather forecast for the middle
west, as wired from Chicago: "Illinois.
Mtrsouri, Kansas partly cloudy, probably
showers in southern portion, sUgl-tly
cooler elsewhere. 9nerally fair weather
predicted. Warmer in extreme west, cooler
in eastern grain belt.
Terminal receipts. In cars, were reported
by the Merc Hants' Exchange as follows:
Wheat. Bar. Kir. Oats. Hay.
$13.75, pastry flour, $11.80; graham,
whole wheat, $11. S5.
MiULKKED Prices f. o. b. mill: Mill
run $5455 per ton; rolled barley, $12
7?.; rolled ota $73 to 74; scratch feed,
$il fcT2.
COKN Whole. $73j 9; cracked. $30 0
81 per ton.
H A Y Buying price, f. o. b Portland:
Alfalfa, $25; cheat, $25: valley timothy.
.
Dairy and Country Produce.
BUTTER Cubes, extras, 49c per pound;
prints, parchment wrappers, box lots. 54c
per pound; cartons, 50c; half boxes, Vj c
more; less than half boxes, 1c more; but
terfat. No. 1, 51 & 52c. per pound at sta
tions ; Portland delivery, 53c
EGGS Buying price, current receipts,
3i4 40c Jobbing prices to retailers;
candled, 42c; select, 44c
w EES IS Tiilwmook. f. o. b. Tillamook:
Triplets, 32c; Young America. 33c; long
horns, il'.ic. Coos and Currv, f. o. b.
idyrtle Point: Triplets. 81c; Young Ameri
ca, 32c per mount.
POULTRY Hens. 32 034c:- broilers. 35
t u 4uc ; ducks. 40c. geese, nominal; tur-
ays. nominal.
VEAL Fancy, 1920c per pound.
PORK Fancy, 21 22c per pound.
tTulta and Vegetables.
FRUITS Oranges, $." 7. 75: lemons.
$5.2."ro,.00 per box; grapefruit, $3.50&S.50
per box; bananas, 10gllc per pound: ap
Dles. $2.25 Pr box; strawberries, Cali
fornia. $3-25f(-li.5o per crate.
V EG ETA BLES Cabbage, 6c per
pound; lettuce. $3&3.75 per crate; cucum
bers, $1:1 per dozen, carrots. $4 per sack:
horseradish, 25c per pound; garlic, 50&'tt0e
per crate; tomatoes. $:l.25&6 per box; arti
chokes, $11.50 per dozen; spinach, 64$7c
per pound: rhubarb, 3Mc per pound; peas,
10c per pound; asparagus. $1.752 per
dozen.
POTATORK Oregons. $7&7.r0 per sack;
Takimas, Sfb 8.50; new California, 10
lie per pound.
ONIONS ellow Bermudas, $2.75 per
crate; white, $:i.25f::.50 per crate; Aus
tralian brown. $7.50 per sack; red, 6c per
pound.
STOCK-SELLING IS HEAVY
PRI CE S S V FFER SE V ERELY ,
JL'T RALLY' BEFORE CLOSE.
Staple (.rncerie. " .
Local jobbing quotations:
SUGAR Sack basis; Cane granulated,
24c per pound; extra C. 23.S5c; golden
C, 23c; yellow 1, 2o.tKu; cubes, in bar
rels. 25.10c.
NUTS Walnuts, 2(J38c; Brazil nuts,
55c: filberts, ;t5c; almonds, 3S (& 38 V c ;
peanuts, ltilGc: vocoanuts, $2- per
dozen.
SALT f fair pound. 10na. $11. 23 per
ton; 50s. $13.75 pr ton; dairy, $27.75 per
ton.
RICE Blue Rose. 15c per pound.
BEANS bmall white. 7Vsc; large white,
7.c; punk, luc: lima. 13c per pound;
uayous. ii-ac; iiexican reds, 10c per
pound.
COFFEE Koaited. in drums. 39 50c.
I'rovitdann.
Local Jobbing quotations:
HAMS All sizes. 40v44e; skinned, 39
4ue; picnic. 2t!; cottage. 3bc
LARD Tierce basis, 25c; compound, 24c
per pound.
DRY SALT Sort, clear backs, 25 6? 29c
per pound; plates, '2'.lc.
BACON Fancy, 48&56c; standard, 35
itiu per pound.
55 c ;
iun
Hides and Pelt.
HIDES Salt hides, under 43 lbs., 22c;
green hides, under 45 lbs.. 20c; salt hides,
over 45 lbs., lise; green hides, over 45 lbs.,
lc; gren or salt calf, to 15 lbs.. 50c;
green or salt kip, 15 to 30 lbs., 28c; salt
bulls, 14c; green bulls, 12c; dry times, 30c
dry salt hides, 24c; dry calf under 7 lbs.,
tit horse, large. $; salt horse, me-
; eaii norse. small. a5.
PELTS Dry Pelts, fine long wool 32 H".
dry pelis, medium long wool, 30c; dry
pelts, coarse, long wool, 22 V-'-c; celt pelts,
long Wt-ol. April take-off. $3 to $4.
Hops, Wool, Etc,
Hori 1011 crop, $1 per pound; $1920
contracts. 75c; three-year contracts, 45c
average.
ilOHAIR Long staple, new clip, 45c per
pound.
TALLOW No. 1. llVi12c; No. 2, 10c
per pound.
CASCARA BARK Per pound, old peel,
lllijc: new peel, loc per pouna.
WOOL Eastern Oregon. 40 60c; vai.ey,
medium. 35c pe r pu u n d.
GRAIN BAGS Car lots, 216-2140
coast.
Portland. Thurs.
Year ago
Season to date.
Year ago
Taooma. Wed . .
Yfnr ago
Sc-ifwii to- date.
Yea.- ago. . . . .
Satt e. Wed. . .
Year agj
Season to date.
Y ea ago
13 ... 7
1 . . . ti
.RIO". ITS 3R22
.7371 1078 2651
20 ... 2
3
:5324
4s:i 214;
729 i124
Otis.
LINSEED OIL Raw. barrels, $1.08; raw,
drums. $.l5; raw, eases, $2.13; boiled, bar
rels. 2; boiled, drums, $2.07; boiled, cases.
TURPENTINE Tanks. $2 46
$2.U1.
COAL OIL Iron bairels.
cases, 27f 34c. "
GASOLINE Iron barrels, 27c
ons. 2 7c; cases, 3:Vc.
FUEL OIL Bulk. $2.10 per barrel.
Bank Clearings.
Bank clearings of the northwestern cities
yesterday were as follows:
Clearings.
$5,472. Otil
ti,b22,5!l
cases.
14 & 17c;
tank wag-
Portland
SeaLtle .
Tacoma .
Spokane
H27.208
. . 2.U45.U7S
Balances.
$1,030,537
130.046
ti6l.373
SAN FKANC1SCO PRODUCE MARkEl
94 3110
44 ...
SI 8
244 11KH
l4 1308
17B 8"
1.0 1213
... 5
7 ...
ft43 1205
5S5 2553
Mohair Mra Want Over SO Cents.
TOLEDO, Or.. May 20. (Special.) The
FddyvtUe mohair pool of approximately
R0.000 pounds, advertised for sale yester
day. w;i not put Tip due to an absence of
bidders. The directors have decided to
offer the pool, subject to previous sale, for
the best b:d above 30 cents per pound.
It is expected a sale will be made shortly.
PRINT BITTER PRICK MAY BE CUT
Talk of Decline, Though Cubes Are Not In
Overupply.
Th-re is talk of a decline of about 2
cnts In print butter prices the latter part
of the wee a.. Tue.-e is no oversupply ot
t-ubes on the markit, however, and sellers
yesterday had no diff icul :y in getting 49
cents for extras. Tiie Seattle market was
ntso reported to be closely cleaned up.
A ery little butter ha been btored here as
yet aside from sweet tutter.
Eggs were unchanged with buers offer
ing 40 c-nus fjr shipments from the
country arriving until the end of the week.
The undertone of the market was reported
to b3 somewhat easier and with present
shipping orders filled there may be a
decline.
Berries Arrive In Good Condition.
California berry arrivals were too late
for city trade, but country orders were '
filled. The previous day. receipts were '
of Nrood quality and sold at 5.23.50 a
era to.
There Is a firmer feeling in the market
for old potatoes, owing to advances in San
Francisco, which have enabled most of the
holier here to- cieun up. Good Oregons
were quoted at $7.5 on the street.
PORTLAND MARKKT QUOTATIONS
lirin. Flour, Feed, Ktc.
J.-rchant' Kxchangc. noon session:
Bid
uaiv- May. June. Jul v.
No. 3 w hite feed. .StiO.MI $S9.50 $tU.30
Barley
No. 3 blue H7.50
Standard Iced 6ti.uo
Corn
No. 3 yellow
Bastern grain, bulk:
Corn
No. 3 vrllow 7d.oo
Prices Current on Vegetables, Fresh Fruits,
ltc., at Bay City.
SAN FRANCISCO, May 20. Butter
Extra grade, 5 tic; extra 1 irsts, 55c.
Eggs Fresh extras, 43 lie; first, 43c;
extra pullets, 3Uc ; undersized, 30 z c.
Cheese Old-styie Cain'ui in., flats,
fancy, 2'; firsts, 24 Vic; Young America,
30c.
Poultry Hens, large. 3941c; small, 30
35c; strictly joung roosters, 454bc, for
good; old, lVtfe'lc; fryers, 45iu50c; broil
ers, large, 33 37c; 'small, 32 Q 33c, geese,
32-33c; ducks, 2C2tfc per pound; pigeons.
42.50$i3.00 per dozen; squabs, 53tioc per
pound.
VegetablesBeans, string. ' 6 12 c per
pound; wax, 10((12lc; beI peppf;rs, Joi
15c per pound for small, 20 35c tor large;
ciiile, 2ui(t35c; tomatoes, southern Calitoi
nia, $2 it 2. 75; potatoes. Rivers, $7.50 Sj)
8.25 per cental; Netted Gems, $7.508.25;
new potatoes. Garnets, Oiic; white, M&ic
per pound : onions, brown, $7 4 7.50 ; im
perial Bermudati, J2.ti52.75; wax, $1.90
2.25 per crate; cucumbers, natural growth,
$3, hothouse, $3.50&3.75 per box; arti
chokes. 4Jf per large crate; asparagus,
7Ca'8c, fancy grades, iiilOc; green aspara
gus, 4tic; green onions, $1.40.1.50 box;
ceiery, per crate, $244; fancy, 4 5; egg
plant, 15 41) 20c Pr pound: peas, 3 -4c cr
pound; carroie. $2 50-4; beets, $1.25 per
lug; oiimnier squash, $l1.35 per crate;
Italian, $1.00(tf l.uu; com, $l.tuki'2.2u per
dozen.
Fruit Oranges, navel. $4.o0f 6..0. ac
cording to bie; Valencias, $4.505.50;
lemons, $3.25(a 5: grapefruit, $2.50 a 3 50;
ietnonettes, 1.503.ou ; Dananas. central
American, SfUc; Hawaiian, 1 tug) 11c per
pound; pineapples, $46 per dozen; ap
ples, Newtown Pippins. Ss-tier, 3.1:3;
4-tier. $33.25; 4"-,-tier, $2.502.75; Ore
gon Newtown Pippins. $2.75 & 3.25; rhu
barb. $1.5ufy.2; strawberries. Peninsula and
Watson vi lie. 75 1& t0c per drawer for 8
ounce baskets; avocadoes. $4&5 per dozen
for large; apricots, $23 per crate; cher
ries, purple Guigne, 15 20c per pound,
$22.25 per drawer; black Tartarian,
$2.50: figs. $3 3.30 pe- box; raspberries,
$3 'SI3.23 per crate; gooseberries. 10c per
pound; cantaloupes, $3 10.50 crate.
Receipts Flour. 5t58 quarters; wheat.
60 centals; barey, 3413 centals; oats, 430
centals; corn, 2i0 centals; onions, 780
sacks : hay, 30 tons; eggs, 74,Itk dozen;
livestock, 415 head; hides. 751 rolls.
I -ate Rally in Coffee.
NEW YORK, -May 20. The market for
cof I'ee futures opened at a decline of 3 to
5 points and sola about 10 to JU points
net lower during the morning as a result
of continued liquidation, promoted- by re
ports of lower milreis prices at Rio and
nervousness over general business condi
tions. Private cables, reporting further sales of
government coffee, reducing the unboid
stock to 2:5,0O0 bags, also seemed to make
a bearish impression on sentiment in some
quarters. After the early offerings had
hn MtiKorhfd. however, the market turned
steady and rallitd quite sharply in the late
trailing on tne improvement in s toe as ana
cotton and covering. September sold up
from 1 4.33c to 14.62c with the market
closing net 10 points lower to 2 points
higher. May. 14.70c; July. 14.97c; Sep
tember, 14. tile; October, 14.57c; December,
14.51c; January, 14.53c; March. 14.57c.
Spot coffee, quiet; Rio 7s, 13 15'ic;
Santos 4s, 23 24 c.
liquidation Traced in. Large Part
to Out-of-Town Sources La&t
Bond Quotations Firmer.
NEW YORK, May 20. Another Impres
sive selling .nov'in ,-nt took place on the
stock exchange today, the bulk of the ,
enlarged dealings, according to popular
opinion, ' again representing involuntary
liquidation resulting from the increased
tightening of creiit-f.
Aside from this ievelopmfht. which was
strengthened by r.dvices from alt sections
of the country indicating an extension of
the campaign against high commodity
prices, there were no specific eventa in
explanations of the further reaction.
Standard shares suffered in equal meas
ure vith speculative issues, testifying to
the insistent nature or the offerings. These
were again traceable in large part to
out-of-town sources, mainly western and
southwestern center?, although "New Eng
land also yaa reported as a heavy seller
cf cop pei.
In the final hour, following another dip
in prices to the day's lowest levels, a spir-
ir.ua rany sf-t In. Hs and sugars leading
at extreme gains of 2 to 7 points. Steels,
equipment. and motors also were carried
upward. Sales were 1.33O.0OO shares.
Plenty of ca II money was available at
t per cent after the usual opening quo
tation of 7.
The weekly statement of the Bank of
England failed to confirm recent rumors
of furtner gold exports from London, nor
was there anything In the local sterling
rate to bear out tuch reports. The only
noteworthy change in foreign remittances
waa tiie further strength of German ex
change. Liberty bonds- kept pace with the stock
market, .ra Hying briskly from their new
low recot-ds. but the general bond list was
heavy. Total .Hies (par value), $31 ,750.W.
Old United States 2s lost Vi and the 4s
per cent on call, others of that gtoup
remaining unchanged.
CLOSINU STOCK QUOTATIONS.
La st
Palea.
A m Bot Sug. 2,200
Am Can 4.tno
Am far & Fiiv 4.4o
Am H ft L pfd 3.2O0
Am Int Corp... J0.7oO
Am Loco . . . 7,0o
Am Sm & Rfg 4.500
Am Sugar .... .I.koo
Am Sum Tob.. l.SOO
Am T1 Sr Tel 90O
A m Tob Sec. . 2.00O
Am Woolen . . Hi.tiOn
Am Z L & S 5.000
Anaconda Cop B.400
A trhison 2.500
Atl O Jk W T. . 5.to0
Baldwin Loco 67.5tM
Bait & Ohio.. 2.70O
Beth Steel BT 30,2M
B & S Copper l.snn
alif Petrxvi . .
Canadian Pac .
f'ent Leather,
t'handler Mot.
I'hep ft Ohio..
Chi M ft St P
Chi ft North . .
Chi R 1 & P.
Chino Copper.
Col Fu ft Iron
Corn Prod . . .
Crucible Steel 12.700
Cuba Cane Sug 3.noo
Erie
General Elec. .
Gen Motors . .
(It North pfd
Gt N Ore ctts.
I ' Unois ipnt . .
Inspir Copper.
Jnt M M pfd. .
Int Nickel . . .
Iut Paper ....
Kan City So. .
Kennecott Cop
LouiH & Nash.
Mex Petrol . . .
Miami Copper
Mid States Oil 13,5in
Midvale Steel 31.20O
Mis Pacific- 4,OOn
Mont Power. .
Nevada Cop. .
N Y Central..
N Y N H ft H
Norf & West..
North Pacific.
Ohio Cts Gas.
Okla P & Ktg i.4in
P-Am Petrol.. 50.700
Pennsylvania. . 4.700
Rav Con Cop. 1.200
Reading 24.KOO
Rep Iron ft S 2,o
R Dutch N Y 10.200
Shat Ariz Cop 4O0
Shell T & T. . 2.0UO
Sin Oil & Rfg 02.1 OO
Pouth Pacimic It;. 200
Southern Ry. . 3.oo
s o of n. J pr 1.2110
Sludebak Corp 47.500
Texas Co 34.S00
Tex ft Pacimic 21.400
Tob Prod Woo
Trans oil fl.000
I'nion Pacific. 3,300
U S Fd Prod 5.4O0
t; S Ind Also. 9.400
U S Rtl Stores 15.70
U S Rubber. -. lO.floo
U S Steel. . ... .110.oo
U S Steel ofd. 3.0OO
Utah Copper.. 2.RO0
West Union.. '"
West Electric. 4.-"'0
Willvs-Ovld. .. 1S.0O0
BONDS.
values down 34c a bushel. The com mis- 1
sion house demand soon made itself felt
and there was rather free covering.
Oats were governed by the action of
corn.
Foreign buying of lard gave a. lift to
provisions lifter early weakness, due to
sympathy with grain.
The Chicago market leter received yes
terday by Overbeck &. Cooke Co. of Port
land said:
Corn Liquidation was far less pro
nounced today than for the past few days
and following an early dip which developed
an over-sold condition the market gained
strength and advanced persistently up to
the close. A .source of much disappoint
ment to those advocating lower prices was
the factor of the meeting of railway man
agers to bring about an adjustment of
the labor difficulties which have tied up
both the incoming and outgoing move
ments. Receipts todav were auite ample
and cash market transactions were at 1
to 2c decline with industries about the only
buyers. Outside markets were relatively
firm with advances of 1 to 4 cents report
ed. Crop reports on the whole were fa
vorable, although an increasing number of
complaints of planting being delayed were
noted. Fundamental conditions are against
an advance of consequence from this level
and it is apparent that bearish efforts will
be rfiuite effective In event transportation
conditions undergo sufficient change to
permit of adequate distribution.
Oats There was a good demand for
futures on the early break and when the
surplus had been taken from the market
prices responded readily to buying of short
contracts. Cash prices advanced 1 to 2
cents, while the premiums remained un
changed. Conceding that the immediate
cash position lends strength to futures.
w doubt that this will overcome the gen
eral disposition to Hquiaate commodities
in anticipation of price deflation in all
directions.
Leading futures ranged as follows:
HOGS QUARTER L
SHEEP AND LAMBS ARE WEAK
AND SLOW AT YARDS.
No
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84 8:i 8:1 '4
4.".4 44 4.'1
17 105, 1714
CORX.
Op.n. HiK'n. Low. Close.
May fl.KAli 1.'.HI S1.S."14 1.S9
.luly l. 1.71 '4 1KB 1.7114
Sept . l.oS 1.6114 1.56 1.6114
OATS.
Mav 1.04 1.0'4 1.04 1.064
.lulv S .MI 14 .88 74 .91
Sept 74'4 .7614 .741 .70
1IESS PORK.
May 3S..-.5
July 36.00 r,6.:io 36.00 36.30
. 1.AI1D.
.luly 20.90 21. 4o 20.90 21.40
S-rpt 22.27 21.75 22.20
SHORT RIBS.
July 1S.40 18.07 IS 41) 18.67
Sept 1K.47 1U.30 1.40
t:ah prices were:
Wheat Not quoted.
Com No. 2 mixcM, 1.SS2; No. 2 yel-
Cattle Trade Is Dull Willi
Change Yet in Prices
Receipts Are Fair.
WeJmess continues to prevail in the
Hves.clt market. Hoi? prices were cut 25
3" cents at the yards yesterday, making
$15 the top quotation, at which price the
bulk of the sales was made. . Sheep and
lambs were weak and slow with over 1O00
holdovers in the yards. Cattle trade was
quiet. There was a difference of opinion
as to whether the cattle market was weak
or steady.
Receipts were 622 hogs and 110 sheep.
Tha day's sales were as follows:
wt. Price.l Wt. Price.
820 I10.00I40 ewes. . 102 8.25
103 8.20116 ewes. . 8S 11. .VI
9..-.0 26 ewes. .
4.00198 ewes. .
5.2,".! 7 weth..
8.751 2 bucks.
4.50! 7 hoes. .
8.25110 hoes.. .
0.50172 hoes. . .
12.001 5 hoes.. .
15.7."ii 6 hoes.. .
15 00 20 hoes. . .
7.50H6 hoes.. .
13.00174 hoes.. .
14.751 1 hoe. . .
12.501 6 hoes..
13.oo:il hoes. .
14 501 2 hoes..
12.00I 2 hoes..
15.001 1 bull. . .
14.00! 1 bull
14.5o! 1 bull.. .
14.751 1 cow. . .
12.001 1 calf. ..
15.0O( 5 ewes. .
11 50
Livestock urices at the Portland stock
yards were as follows:
Best grade, pulp-fed steers. . .$12.25 13.00
Inw 1 9K4-J
Oats No. 2 while. 1.131.14; No. 3
white, I.10(tl.I2.
live No. 2, $2.10.
.Barley $1.70.
Timothy seed - $10 rn 12.
C"lover seed $25 to'oo.
Pork Nominal.
I.ard $20.52.
Ribs $17.50 'd 18.50.
Grain at San T'ranciM'o.
civ fwamms'(:o. Mav 20. Orain
Wheat, $3.60 2-3 per cental: oats, red.
t.:.4Ha 3.50: barley, feed. $3.403.50: corn.
I -a lifornia. vellow. $3.65 c 3.75 : rye. $3.25
Hay Fancy wheat hay. light, five-wire
bales. $38 41 Per ton: No. J whe:it
wheat and oat hay. $35a'38: No. 2. $32
35; choice lame oat hay. $37?i40; oUier
bay, $:(3fti.37; alfalfa hay, $30.32: stock
hav. $29(1(32: Oreeon wheat ana oat mixed
$29ca32; No. 1 barley straw, 70c$l per
bale.
U S Lib 314s. .90.82 Anglo Fr 5s... 9814
do 1st 4s. . .
do 2d 4s. ..
do 1st 41is.
do 2d 4 Vis.
do 3d 4'is.
do 4th 4Vis.
Victory 3s. .
do 4.s
C S 2s reg
83.00 A T & T cv 6s. 9
82.00' Atchen gen 4s.. 70 '4
84.60'D & R O con 4s 58
8'OOIN Y C deb 6s. 8li.
86.701 N P 4s B9
82.70! N P 3s 49 Vj
94.94.Pac T 4 T 5s. . 76
95.04i Pa con 41s.
101 S P cv 5s. .
. 84
. 94
. 78
. 74
. 811
do coupon.. 101 ISo Ry 5s
U S 4s reg 'lOoVilU P 4s
do cv 4s cou.MO.'.y. U S Steel 6s.
Panama 3s reg. ".7 1
Panama 3s cou . 77 Bid.
Boston Mining Stocks.
BOSTON, May 20. Closing quotations:
Allouez 30 'North Butte 16
ir7 -om .. 91A Old Dominion... 23
Cal & Ariz.... 57 Osceola 38
Cal & Hecla 315 ,Qulncy 54
Centennial .... !Superlor 5
Copper Range. 38 Sup & Boston.. 3
East Butte.... 1214jShannon 1 i
Franklin 2'lL'tah Consol... 6 Ts
Isle Rovalle 2S Winona 50
l-ake Copper.. 3 (Wolverine 15
Mohawk 60 1
Money Kxcnang-e, TCte.
NEW -YORK, May 20. Prime mercan
tile paper. 7.
Exchange irregular. Sterling, 60-day
bills, $3 76: commercial. 60-day bills on
banks, $3.6'4; commercial, ou-aay oins,
$3.76 3-8: demand. $3.81: cables. $3.81.
Francs, demand. 13.12; cables. 13.90: Bel-
Seattle T'ecd and Hay.
SEATTLE, Wash., May 20. City deliv
ery: Feed mill $52 per ton;. scratch feed,
$M; faed wheat, $99; all grain chop, $80;
oats. $18: sprouting oats. $81; rolled oats,
$SO: whole corn, h3; cracked corn, $S5;
roiled barley, $78; clipped barley, $83.
Hay Eastern Washington timothy.
mixed, $i7 per ton; double compressed,
$51; alfalfa, $46: straw, $18.
Minneapolis 4rain Market.
MINNEAPOLIS. May 20. Barley $1.S5
1.68.
Flax. No. 1, $4.404.5.
Ouluth Linseed Market.
DtiLUTH, May -Jo. Linseed, $ 1.35 & 4.44.
Cherry Association Formed.
SAN FRANCISCO. Cal.. May 20. For
mation ot the California Cheri-y association,
as a co-operative marketmg orgamzatio
was announced today by the state market
commission. A membership campaign ai
ready has resulted in 506 tons bt-ing signed
up, it was stated. Prices tor Koyal Ann
cherries have been fixed at 1ft cents
pound for firsts and 1214 cents for sec
onds. The association decided at a meet
ing here yesterday to-market tho crop to
co-operative canneries and for eastern
shipment as far as possible in order to
get the bust prices possible, it was an
nounced. Metal Market.
NEW YORK, May 20. Copper dull.
Electrolytic, spot and nearby. 10c; June
and .luly, 19c.
Iron firm, unchanged.
Tin Spot, 53.50c; June and July, 52.75c.
Antimony. $9.15.
Lead dull. Spot and May, offered 8.75c.
Zinc quiet. Kast St. Louis, spot, 7.5oc
bid.
New York Sugar Market.
NEW YORK. May 20. Raw sugar firm.
Centrilugal, J3.07c; refined firmer; fine
granulated, 20.5oi20c.
Cotton Market.
NEW YORK. May 20. Spot cotton
steauy. Middling 4c.
Dried Fruit at New York.
NEW YORK, May 20. Evaporated ap
ples dull. Prunes firm. Peaches steady.
1 steer. .
1 cow.. .
1 cow.. .
2 cows. .
1 cow. . .
1 cow. . .
1 cow . .
1 cow.'. .
1 cow. . .
1 calf.. .
5 calves.
2 calves.
17 calves.
V hoes. .
6 hogs. .
1 hoc. ..
1 hoe. . .
1 hoe. . .
7 hoes. .
61 hoes..
1 1 hoes. .
9 hoes. .
3 hoes. .
46 lambs.
13 lambs.
11 lambs.
840
82.1
670
950
810
880
1260
140
148
180
207
374
170
4..I1
1:10
160
182
194
174
162
176
61
68
6O
91
98
168
180
134
127
175
274
341
1116
165
197
360
223
1120
245
365
1160
1560
11 10
l-jco
110
126
13.00
11.50
18.O0
6.50
13.00
13.50
15.00
14.50
13.00
15.00
15. OO
15.00
13.00
15.00
13.00
13.00
13.00
7.75
7.00
7.73
9. B0
16". 0O
7.50
NEW-COMERS BANQUETED
ISO Guests ot McMinnvllle Com
mercial Club Eat Oregon -Viands.
McMINNVILLE. Or.. Slay 10. (Spe
cial.) The McMinnville Commercial
club tendered the newcomers of this
vicinity a reception and banquet last
evening. More than 150 newcomers
and their wives were guests of the
club members and their wives.
McMinnville college students enter
tained with a half hour's muBical
programme. John I. K,nieht acted as
toastmaster and addresses of wel
come were made by club members
representing different interests of the
city and county. The banquet was
followed by a social hour in the hall.
The banquet was an all-Oregon
product dinner. The hall and dining
room were decorated with Oregon fir
and Oregon grape and the tables with
cut flowers and potted plants.
"Tiiii!:i!:S!'!;
1 ..1 1 '1 1 r .
liiiiilnUili;i!i!ilili!i;i;iil!iii
Northwest
Municipals
;,m - "if tar
I . !ttS., 1 .Ti 1 LJAfi!skjc: ;
5 ?5"ff;M
if '
H''Honr""
I; NiWffxT. 1
lIuUillmyuHliliiiuuul JaS
Your Best
Investment
Choice steers
Good to common steers
Medium to choice steers
Fair to medium steers
Common to fair steers
Choice cows and heifers
Medium to good cows, heifers.
Fair to medium cows, heifers.
Canners
Bulls
Prime light calves
Medium to light calves
Heavy calves
Sto. kers and feeders
Hogs
Prime mixed
Medium mixed
Smooth heavy
Rough -heavy
Pigs -.
aheeo
Cull lambs
fciwes
Yearlings
Wethers
11.00 ft ' 11.7.0
ll.oofttii.r.o
10. 00 at it. 00
j. 00 'a 10.00
8.00 4 .oo
loi-ftw 11.00
.00f 9.00
7.00 r 8.00
5.00& 00
.0O a) 9.00
13. MO 41" lrt.OO
t -2. 00
ii.oWW 8.50
s.ro
14. no ii.v 00
14.001 1 4.7.0
1 l.lMKa 13.
10.00'fT 11.00
12.0013.75
1S.00C.1S.A0
10.0'a 12.0M
O.OOfe) 0.50
10.00 ftiH2.23
y.uudiii.uo
Chicago Iiveftock Market.
CHICAGO, May 20. Cattle Receipt.
1 1.0O0; handy weight and yearling beef
steers, steady to strong; heavies, slow;
bulk all weight, S11&12.75; top yearling,.
$13.tto ; few heavy steers above 1 12.51 ;
heavy cows and heifers, lower: other h2
stock steady ; bologna bulls, steady ; vep 1
ratves, steady t-a higher, with bulk at
$1 1.2o' 13.25; feeder, steady.
Hogs Receipts, 2,00O. Lights, weak;
others strong to 10c higher; top, $14 60;
bulk light and light butcher, 14.401 14.S0;
bulk 2o0-pounders and over, $13.73i14 25;
pigs, steady to lower.
Sheep Receipts, 12,000; slow. about
steady; good to choice 72-pound thorn
iambs, $17 : jnedium California spring
lambs, $16.50; good to choice ewes, $11. M)
?12; late yesterday top ou shorn lambs
about $17. 50 aud California spring lambs.
$17.75. '
Omaha Uvetock Market.
OMAHA, May 20. Hogs Receipts, 9700.
Opening 15&25c higher to shippers; gen
eral market to packers strong to 23c
higher. Top, $14.30; bulk of eales. $13.50
& 14.10.
ijattle Receipts, 45O0; beef steers and
she stock steady to 25c lower; best yearl
ings, $12. 40; choice fat cows, $11.40; bulls,
veal, stockers and feeders, steady.
Sheep Receipts, 3OO0; market slow; btg.
c lower; clipped lambs, $15 & 15.70; best
ewes, $ J.75.
Seattle livestock Market.
SEATTLE. Wash.. May 20. Hogs, re
ceipts none, steady. Prime. $13.2513.73:
medium to choice, $I4.25 13.25; rough
heavies, $l.rti 13.75: pigs, $1213.
Cattle Receipts 102, steady. Beef
steers. $l2ftfl3; medium to choice, $10
12; common to good, $7.5010; cows ana
heifers. $10.25(10.7o; common to gooa.
10; bulls. $7.30-50; calves, H.juwi
Kansas City Livestock Market.
KANSAS CITY, Mo.. May 20. Hogs
Receipt- 8000. lights, steady; medium
heavy, firm; tops, $14.60; bulk light ana
medium. $13.8514.40; duik heavy, aio.u
14.25.
Sheep Receipts lo.wu; openea generally
75c to $1.30 lower; Arizona lambs, $15. 5;
000 fine two-year-old bU-pound 'lexas
wethers, $10.5o.
CANDIDATES ARE PRAISED
Tacoma Commonwealth Club Mem
bers Hear Laudation Stoically.
TACOMA. 'Wash., May .20. (Spe
cial.) r-Tacomans who tend the polit
ical beacons oC tour republican as
pirants for the presidency turned up
at the Commonwealth club lat night
and talked on the qualifications of
ator Johnson and Governor Allen of)
Kansas. But when the name of Sen-I
ator Poindexter was mentioned there
was none to speak for htm and the
Hall was still as the tomb. He was
passed, and John A. Rea, regent of
the University of Washington, dis-
cused the chances oft ''the dark
horse."
The laudatory praise of all the
candidates was accepted stoically.
LOW PRICE, HIGH YIELD, TAX EXEIPT
City of Astoria, Oregon
Improvement Bonds
Yield 6 Per Cent
Dated Nov. 1, 1919. Estimated Maturities, 1931-39 ,
(Optional on and after Nov. 1, 1920)
Denomination $500. Price Par to Yield 6T'o
Principal and semi-annual interest payable at Treasurer's office, Astoria, -or
at Morris Brothers, Inc.
Telephone or Teleffrapfc Orders at Our Expense.
LAWTAl
I 0mcMillom
kpOlLAM
Morris Brothers ue
c7ierPremiercMunrctDafJond'Wouse
MorrU Bids. 309-11 Stark St.. Ret. Fifth and 8 Ulk
Telephone Uroadwajr 2151
ESTABClS
OvntQiMftTt J
MOTHER IS SENT TO JAIL
Daughter, .sed 14, Also There as
Juvenile Delinquent.
COL.VILLE, Wash., Slay 20. (Spe
cial.) Fannie Carter of Gray, aged
43, and the mother of six children,
was yesterday griven a sentence of-23
months to two years ir the state peni
tentiary when she pleaded guilty to a
statutory offense with V. S. Barker.
when she was taken back to the
jail she met her 14-year-old daughter
Opal, being held as a delinquent
jirvenile. The husband, who is a
laborer in the mines m Rossland, is
said to have been driven from home
by his wife some months ago. Opal
Carter was eent to the t.tate school
for girls.
DAILY CITY STATISTICS
Zocera,
County Agent Resigns.
THE DALLES, Or, May 20 (Spe
cial.) A. L. Fluharty. county agricul
tural agent of Wasco county for the
past year, has resigned. K. R. Jack
man, connected with Oregon Agricul
tural college since he was mustered
out of service as a professor in the
agricultural department, will imme
diately take over the duties of the
office.
MORE WATER IS STORED
100.000 Additional Acre-Feet to
Be Provided This Season.
YAKIMA. Wash., May 20. (Spe
cial.) The United States reclamation
service, anticipating a greater de
mand for water for irrigation, is pre
Daring to meet it with enlarged stor
age capacity. Fully 100.000 acre-feet
more of water will be stored in the
government reservoirs than in the
largest previous seasorc The demand
is expected to begin about the middle
of June instead of July 1, the usual
date. Cool weather has favored water
conservation so far this season,
Additional storage will be accom-
Si rTr danXl.7SbieTl: P"- y Sing reservoir, not here-
put I dors, demand. 3G 3-; cables, 3tt;.tofore used and by flash boards' on
others to raise the water level.
lire, demand, 19.82; cables, 19.80; marks,
demand. 2.34; cables, 2.3..
Government bonds weak, railroad bonds
heaw,
Time loans Ftrongr. unchanged.
Bar " silver. P9 ic.
Mexican dollars. 764 c.
Call money, steady. Higrh, 7; low. C;
ruling rate. 7; closing bid 6; offered at 6;
last loan, 6.
Hank acceptances, 6i.
LONDON, May HU. Bar silver. SSd
per ounce. Money, 54 per cent. Discount
rates, short and three months bills,
U 13-16 per cent.
Swift 9t Co. Stocks.
Closing prices of Swift & Co. stocks at
Chicago were reported by Overbeck St
Cooke company of Portland as follows:
Swift & Co . .110
Libby. McNeil & Libby 3
National Leather - 11 'i
Swiit International 35 Vs
BT.OO
63. OO
74 OO
.Y00
04.00
72.00
7J.0O
basis, L2.20
TO.OO
W H EAT Government
bushel.
1'LOL'H Family patents, S13.75; bakers'
hard heal, $li,75; beat bakers' paieois.
KaMern Oairj Produce.
NKW YORK, May 20. Butter steady,
unchanged. Eggs. Irregular, unchanged.
Cheese, easy unchanged.
CHICAGO. May 20. Butter, lower,
creamery, 46 1? 55c.
Eggs Uwer, receipts 19.359 cases. Firsts,
40 t41 "fcc; ordinary first:. 37l3&c; at
mark, cases included. 38 it 4oc; storage
packed extras. 433 ; storage packed firsts,
13 t43i.
Poultry, alive, lower. Fowls, 33c
Naval Mores.
SAVANNAH, Ga., May 20. Turpentine,
firm, 1.72 6 $' 1.75; sales. 52S; receipts,
2i7 : shipim-nia, 1H2; stork. 17V).
Rubin, firm ; sales, S73 ; receipts, 621 ;
shipm.-nla. So : stock, -23,517. Quote: B
$l4.-JO: I. 17.JO; K, F. O. H. I, S17.45;
K. $17.7t. M. 917.05; N, S1S.20; V3,
IS.45; WW, 1S.70,
CORN MARKET REACTS
WITH ABSENCE OF PRESSURE
TO SELX., PRICES ADVANCE.
TRAINING DIRECTOR QUITS
Resignation of State School Official
Is Announced.
SALEM. Or., May 20. (Special.)
Newton Vandalsem, for the past six
months state director of vocational
training in the public schools, has re
signed, it was announced here today.
Previous to taking: up vocational
work for the state, Mr. Vandalsem
held a government position in one of
the Portland shipyards. He has not
yet announced his plans for the fu
ture. The state board of education will
meet in Salem next week, when Mr.
Vandalsem's successor will be elected.
Grange Store Fund Subscribed.
COLVILLE, Wash., May 20. (Spe
cial.) Three hundred farmers in the
vicinity of Colville have subscribed
the necessary 920,000 for the new
grange store which will be established
here this month.
Commencement Exercises Held.
CENTRAL.! A, Waeh., May 20. (Spe
cial.) The Dryad schools closed Fri
day, May 14, the commencement ex
ercises of the higrh school being- held
Saturday nieht. The graduates were
Margaret Tinker and Klla Johnson.
52.
30,
46.
Marriage Ucense.
XfORH AV-RP.KI) James Finlev Morgan.
29. 1037 Clackamas street, and Vivian Reed,
14. Kttz Hotel.
Bt'RCH-ESKE G. G. Burch. 33. Seattle.
Wh., and Bertha Kske, 25, 690 East
STRA1T-OAKES Walter Richard Strait, i
23. New Scott hotel, and Clarice Oakes. j
23. 4H9 East Twelfth street. I
LYONS-WARD Edward James Tyons. I
27. Seattle. Wash., and Grace M. Ward, 21. I
Imperial hotel.
HARVBY-DB JARXATT Milton M.
Ilnrvey, 18. Castello, Cal., and Olive D
Jarnatt. 19. Mavfalr and Alexander streets.
WRIGHT-LARSON Clarence L.. Wright,
27. 194 East Seventeenth street North, and
Violet Larson. 19. 3941" East Taylor street.
COLE-FINCH Arthur L. Cole. So. 3."S
West Kusrell street, and Elsie P. Finch, 32.
loS Shaver street.
PAKKKK-MIL Ufc. K J o nn w . fa ra e r,
legal. Multnomah hotttl, and Lillian Mil
ler, legal. Multnomah hotel.
K E I , LOG G - W A RN E R C h este r O. K et
lo?sr. ;i4. 594 East Main street, and Kath-
erine E. Warner. 32, 2ti Hall atreet.
Vancouver Marriage License.
TOLLMAN - HORN BACK Ernect C.
Tollman. 34. Portland, and Lillian J.
Hornback, 3S. fortiana.
HATCH-BOTLE Olin L. Hatcn,
Vancouver, Wash., and Mary Boyle,
Vancouver.
VAii.K.ATICT.VSON Walter Vaile.
Portland, and Marion Atkinson, legal. Port-
iar.a.
EDINGTON-M KKUBK JMse a. t-ainp-
ton. 2f. Portland, and Ethel Mercer, zb.
Portland. .
WILLIFORO-MOORB ti. S. Williiora.
33. Portland, and Kittie G. Moore, 29,
11 EM AN - HBNDRICKSON William j
Htman, 42, Vancouver. Wash., and Kustava I
llendrickson, 48. Vancouver, Wash. J
JOHNSON - J ltfciK l uusiave ai. i
Johnson, legal. Vancouver, ash., and
Norma B. Firestone, legal, Vancouver,
Wash.
M A NTF.LL-M ONOH AN Edward P. Man
tell. 38. Seattle, and Amber R. Monohan.
24. San Francisco.
MOSE LEY-CLINK Koy i. Aioseiey, s.
Vancouver, Wash., and Myrtle G. Ciine, 19,
Portland.
F LOWES-MILLER Joe Flores, 2t.
Cliffs, Wash., and Ethel Miller, 18, Cliffs,
Wash.
KE1TH-PHINNET Robert E. Keith.
23. of Battle Ground, Wash., a nd Hazel
Phinney, 21. of Battle Ground, Wash.
RAPARELLI-DEUTSCHMAX Dominlco
Raparelli, 0, of Portland, and Cornelia
Duptsrhman, 3H. of Portland.
M'DONALD-GIBBS Allen C. McDonald,
24. of Medford. Or., and Ruth Gibba, 21,
of Weiser. Idaho.
KXUDEN-FORD Henry R. Knuden, SS.
of Kalispell. Mont., and Pearl Ford, 38,
of Kalispell. Mont.
JAMES-WALK. XJeuf R- James. 43. ot
Canby. Or., and Auna Walk. 3ti, of Ore
gon City. Or.
CONNER-ZAWORSKT John F. Conner,
10, of Portland, and Genevieve Zaworski.
17. of Portland.
RICH-WOOL) RUFF Edward I. Rich,
lefral, of Astoria, Or., and Eula C. Wood
ruff, lecal of Keene. Tex.
1 CRMONY-ROOERS Srott I. Carmony.
leiral. of Portland, 'and Florence
lesal of Portland.
NElSON-WA RMOTH Georga A. Nel
son. U-gal. of Portland, and Willetta War
moth, legal, of Portland.
Of Cuban Invention Is a sugar "bowl
with four radiatlnjr arms, from which.
Its contents are obtained by pressing
buttons without liftin-r the device. -
The Counsel
...
otMany
Millions of dollars each
year are Invested by the
Lumbermen Trust Co. in
the purchase of bonds.
But not one bond is ac
cepted until it has passed
rigid tests of our experts.
umm . a.,.i.iiiiiii.ni , i a
MULES USED IN PAGEANT
Students Are Trying to Reproduce
Real Indian Days.
OREGON AGRICULTURAL COL
LEGE. Corvallis. May 20. (Special.)
Because oxen are not available for
the piairic schooner which will be
used in the "History 01 jregon pag
eant here next Saturday, mules
owned by the military department
are being tamed for the puipose.
Every effort is being: made to rave
reproduction of real Indian days.
Blue uniforms of the civ.l war type
have been secured and sevtial of the
reserve officers' training corps will
don war paint and feathers.
Some of the srlris are rehearsing
as Indian maidens and will give char
acteristic dancex More than 700 per
sons will take part- Miss Norma
Olson, dramatic coach, is arranging
the dramatic interpretation. The en
tire pageant is ui'.der the direction of
Miss Edna A. Cks. women's physical
director, assUsted by the faculty of
the department.
Street Improvement Ordered.
KELSO, Wash., May 20. (Special.)
The big: street . and sidewalk im
provement job in the south end will
soon be started by A. J. McGerry, the
successful bidder, who has placed or
ders for material. Work, will begin
on curbs and grading: next week,
Cross & Perry have sub-contracted to
supply all gravel and are hauling it
from a bar near Rocky Point, wnero
they are using a dredge.
Kelso Juniors to Entertain.'
KELSO, Wash:, May" 20. (Special.)
The Junior class of Kelso high
i school will" entertain with a high
iinks in the Kelso theater Saturday
nieht. Master Haldane Harned, the
Portland dancer, will appear in sev
eral numbers. There will also be
home talent specialties ana a one
sot Dlav. "The Mouse Trap." Pro
ceeds will be used by the juniors for
their banquet for the senior class on
Wednesday, June i.
Free Covering During Session
Which Closes Strong and Sharply
Higher1 Oats Also Cain.
CHICAGO. May 20. Sharp reactions
took place in the corn market today from
the weakness that hs ben the rule ot
late. Liquidation appeared to be ended
tor the time beins and. there was. per
sistent commission house buying In small
lots. Prices closed strong 34C to 4c net
higher, with July $1.71 H to $U7Hj and
September t.6l to $l.tili4. Oats sained
5-gc ot l!c and protaions -Oc to 47c
At first Llie corn market had a down
ward tendency, apparently in continued I
response to the bearish credit uituation
aud to the drastic measures reported as
having been begun for the purpose of
relieving the railroad traffic jam. It was
not long, however, before general notice
was attructed by the nearly complete
absence ot the selling pressure which
during th, - last few days had tumbled
The Dalles Chronicle Sold.
THE DALLES. Or., May 20. (Spe
cial.) The sale of the Chronicle Pub
lishing company by C. Hedges to W.
P. Merry and Ben R. Litfin was con
summated late this afternoon. Mr.
Hedges, who has been proprietor of
the Chronicle for almost five years,
retires from the business at once.
The Chronicle will be carried on un
der the business management of Ben
R. Litfin, who has been connected
with, the Chronicle for the last 13
years.
Search Made for Hobsrt Hare.
YAKIMA, Wash.. May 20. (Spe
cial.) Search is being: made by the
Yakima chapter of the Red Cross for
llobart Hare, a former soldier, later
employed in a garage here. The
young man is reported to be suffer
ing from shell shock and ha not been
seen here since a recent call at the
Red Cross headquarters. He came to
this valley last year from Florida.
Farmers Indorse Millage Bill.
DUFUR, Or., May 20. (Special.)
The bill for the relief of higher edu
ontion. No. 310 on. the election ballot
was indorsed by resolution by the
Wasco County Farmers' union at its
.meeting here wednesoay evening
The president or tne Oregon btate
Farmers' union. A. R. Shumway. was
present at the meeting. f
School to Be Made Hospital.
TACOMA Wash.. May 20. (Spe
cial.) The Cushman Indian school in
Tacoma is to be turned into a, govern
ment hospital for the care of dis
abled soldiers and operated under th
iTnited States public health service.
This information was contained in a
mpssaee received today from con
gressman Johnson.
Boy's Body Not Yet Recovered.
o
1.
$150,000 Stock Offering of
The Western
libber Company
OF -TACOMA; WASHINGTON
Portland Branch Office, 903 N. W. Bank Bldg.,
Portland, Oregon
The Western Rubber Company's plant at Tacoma, Washington,
is now completed, and will start active operations this month. It
will manufacture automobile tires and tubes. Remember the
name, SOUND TIRE. Its plant is of concrete, 280 feet long and 80
feet wide, on a four-acre site, in the heart of Soirth Tacoma. The
machinery and equipment are of the most modern types, and are all
installed, and some $80,000 worth of raw material on hand. At its
rear runs the four great trunk lines: The O.-W. R. & N., Northern
Pacific, Great Northern and the Southern Pacific a spur running to
our plant. Additional working capital is desired, and the company
has obtained a permit to place $150,000 of its stock in this state.
Tou should rrteive o part of this and get your money invested in
the factory while the stock "can still be obtained at par. Write your
name and address plainly on the lines below and mail to us, and
we will be pleased to forward to you one of our booklets explaining
the merits of this investment, orwe should like to have you call in
person at the office, 903 Northwestern Bank' Building. Portland,
Oregon.
J Bonds Trusts j
R Acceptances g
9 Lumbermens Building- i
Name
Street No.
City or Town
ll
Seven
Short Time Issues
A FF0EDING a liquid invest-
ment to return .an average
yield of
7.74
Information on request for
OR-035
The National City
Company
Correspondent offices In ovec 50
cities.
Portland -Yeon Bnlldlnff
Trlephonc 6072 Main. '
8
lnciair
Dated May 15, 1920
8 1
New Issue i
Oil lx.
S-year Seeured Convertible 7V2
Gold Notes to yield &
Due May 15, 1925
These notes are in ?100,. $500 and $1000 denominations. "We
offer them for cash or on the Partial Payment Plan at 98 and
accrued interest to yield & free from 2 normal income tax.
Full details on request. Wire orders collect.
T WIN FALLS, Idaho, May 20. (Spe
Authorities are still searcbinE
" the creek for the body of 10-year-old
Ptione your want ads to The Orego-j joe Kelly, who was drowned last Sun
man. Main 7070, Automatic 560-9i. day when a footbridge broke, letting
lIvjJiB
5
IB t
It
M Faanetac
Freeman Smith & Camp Co.
SECOND FIjOOK
NORTHWESTERN BANK BUILD I MS
MAIN 648
FOREIGN
BONDS
Berlin
Cologne
Coblenz
Dresden
Essen
Frankfort
Hamburg ' 1
Leipzig
Munich
German Government
German Industrials .
French Victory 5s
Belgian Restoration 5s
Italian Bonds -.
English Bonds '
Foreign exchange Is slowly ad
vancing as conditions return to nor
mal. German marks recently sold at 1
cent. Today's price 2 cents. Nor
mally worth 23 8-10 cents.
We suggest purchase foreign bonds.
Send for full detailed circular with
description and prices. P. O. 600.
Farson, Son & Co.
Uemberm New York Stock Etehanee
115 Bioadway, New York
Is"
110 Write for
r SM T ai Pries lid
cm i iv am umc x, uinni Rn
ssCTifiTrn