23.
STOCKS TURN UP1WABD
SEW YORK MARKET REVERSES
ITS RECEXT COCRSE.-
lioudb Arc Also Stronger Larger
- Offerings of Call Money For
eign Exchange More Active.
NEW TORK, May 25. For the first
time la several weeks the stock market
today manifested a disposition to shake
off its. apathy and pessimism, many specu
lative as well as standard share scoring
substantial gains.
Apart from the enlarged offerings of call
money, which ruled at 6 per cent, surface
conditions conveyed no definite intimations
of any material change In the country
wide stringent money situation.
Far more than the usual activity was
shown by foreign exchange, the Paris
rate strengthening -considerably, while
German remittances continued to advance,
marks approximately 3 cents, tbeir high
est quotation in many months. Sterling
eased, however, in the absence of state
ments concerning gold exports from Lon
don. industrial and commercial conditions
presented more stable aspects.
Metal issues figured more than ordinari
ly in the day's broad buying of stocks.
Coppers made considerable headway on
reports that extensive buying orders for
loreign consumption are impending. Halls
also contributed more than their usual
quota at moderate gains. Sales 8011,000
shares.
Foreign issues, notably .dominion of
Canada (113, which fell 1 Vi per cent,
were the only laggards in the bond mar
ket, where a generally strong tone pre
vailed. Total sales, par value, $16,650,000.
Did United States 4s lost ja- on call, oth
ers unchanged.
CLOSING STOCK QUOTATIONS.
of a demand from seaboard. The con- I
solcuoua feature of the Pit tradinz was
lack: of outside purchases. Much of the I
buying was based on indications of con
evstion in the Miv delivery and talk that
industries and shippers are the" leading I
lonsrs and anxious to secure delivery. Re- I
ceipts were of fair proportions and met anj
improve ! demand from shippers, wno com
peted with Industries for spot offers. Sales
were 1 cent to 5 cents higher here, while
outside markets reported a better demand
at 2 to cents advance. The ear situa
tion is said to be growing steadily better 1
and it rs to be expected tnat trie move
ment will be materially enlaiged within
the next wdk or ten days. The order of I
the interstate commerce commission went
into effect and will continue tor au aaya.
Crop advices are mixed with complaints
of delayed planting due to wet weather
somewhat more numerous. At the moment I
the influential factors are such as to give
the market an indefinite trend with the
unfavorable weather temporarily offset
ting the prospect to Increased supplies
The latter situation seems of greater ir
portunee. Kor this reason we favor
position on the selling side on hard spots.
Oats Outside buying, stimulated by :
firmness in the cash market and reports I
of some round lets having been sold foi !
export and the seaboard during the past
few days, gave futures a strong tone, al- I
though the 00-cent level for July at
tracted considerable 'selling. Crop reports!
remain optimistic end the situation sug
gests better supplies in tne near future.
July at the close tonight was 23c higher
than a year ago, while July corn was only I
cents higher, it Is true that the oats I
crop was snort or the previous year, but
th3 relative difference would seem to dis- I
count much that is bullish. Then. too.
here is an old adtige in the trade that It
does not prove profitable to bull the tail 1
end of a short crop.
Leading futures ranged as follows:
Last
Sales.
I.VIMI
7..-.1M)
Am Beet Sug.
A in I'an
Am Car & rMy
Am H & I- pfd
Am Inter Corp
Am l,oco
Am Sm & Hfg
Am Sugar . . ..
Am Sum Tob..
A m Tel Tel.
Am T-ibac Sec 2,'Joo
Am Woolrn .. 1IJ.70U
Am V. L, & Sm 1.0MK
Anaconda Cop 2,700
Atchison 1..1O0
G SWISS 4. "CXI
Raldwin I.oco. 4J.:'."n
Halt & Ohio .. 2.1"o
Heth Stel B . .
H & S Copper.
Calif Peirol . .
Canadian Pac.
Cent Leather,
i 'hand Motors,
dies fc Ohio. .
( Mil M & St P.
-hi K I x- rue n.r.oo
Chino Copper. 1.S0O
Col Ku & Iron. '
Corn Products Bono
Crucible Steel. l.l.c.nO
Cuba Cano Sug :i.l!iMi
Krie -'.ion
Con Kiei-tric. "0O
(Ion Motors ... 3S.4O0
lit No pfd l.lioo
(It No Ore cits
1 llinoiu Central
Inspir Copper.
Int M M pfd..
Inter Nickel..
Inter l'Hper . .
K C Southern.
Kennccott Cop
300
4.0O0
2. 51 HI
1,800
1O0
l.tjoo
y. 2io
01 Mt
soo
UnO
2.200
3, l"0
21 Ml
H.ntMi
200
3.400
tilMI
2 loo
2,400
2110
1100
Mexican Petrol 14. coo
.Miami Copper. ion
Mid States Oil 8.30"
Midvale Steel. 1.410O
Missouri Pa.. 3.3O0
Montana Pow. 100
Nevada Cop .. n0
N Y Central.. 1 .2"0
N Y N II & H 1,000
Norf & West.. loo
Northern Pac. l.Soo
Ohio Cits Gas. 2,r.(
Ok Prd & Hfg 1.--.00
Pac Tel & Tel. 200
Pan-Ain Pet.. 00,400
l'ennsvlvania. . 3, Too
Pitts '& W Va. 300
nay Con Cop.. I.ooo
Heading 30.2OO
Rep lr & Steel 7.SCMI
lioyal Hutch.. 6.3U0
Shat Aria Cop. 7M
Shell T & T. .. 2,1 OO
Sin Oil & Rfg. S7.400
Southern Pac. .H
Southern Ry. . 1.2O0
S O of N .1 pfd t.2110
Studebaker Co IS.OOO
Texas Co 5Z L:l"
Tctas & Pac. i...0
Tobacco Prods 3.300
Transcont Oil. l.00
I'nlon Pacific 20i'
U S I'M Prods. 2.10
II S Ind Alco.. 4.20JJ
IT S Retl Strs B..SOO
IT R Rubber
U S Steel.
do pfd
Vtuh Copper..
Western Union
vv. (,- Kh'Ct
Wlllys-Overlnd 14.000
BON DS.
84 ooo
S00
2,2"0
loo
joo
High. Low. Sale,
fll 00 01
11014 00 4 1'0's
l:t:Vi 133 Vi 333 V,
37V4 lVs 1"
S:f 81- 83
J.2'i 80 02 i
I10i fttffe H9i
126 128 12U
87 ?. 85 87
H. -.Js 112 03!,
34 .VJVj 54
no 14 !i.- vi on M
34 13 14
r.s r.i'i 57 '4
7S& 78'-! 7814
1r. 1112 'M 103
312 3"H 312Ti
31 ' 30T, 31 Vk
SO 86 88
22 ' 2(1 f, 22 ?i
28 27 ,s 28 Vi
llll 115 116
05 3' 65 -id
331 324 '.i 331
52-. 51 'i 52
31 301 31
34 33 S4!t
32 30 !4 32
30 "4 30 30 -i
!12 !'0 U K2 'i
325'i 318i3 124
.-,1 i4 SB 51 Vi
1 1 7i 1 1 3 1 ti
142 ' 141 i 3 42 V-
26 24' 211
72 71 (2
I. t'.'i 34 3(!
S3V4 8:1 s:;
32Ts 40 52
S3 82 ' 83
3S 1Vs 18U
t!S l.'j 60 68 m
15 ir.l K.!
27 26 2.f
170 171 176
20 H 30', 20
2U' 28 S, 2S
42 40 42,4
24 23 24 Vi
60 60
3 1 1 1 H J J
6814 67V.
28 W 27 'i 2S
SO SO 80
72 71 '4 "-Vi
31H4 38 Ij 8!4
4 14 4 4 '4
40 40 40
1(13 ! 3"2
30 38 '4 38
2S 27 2S
17 J6'4 17
82 -H S0V, 82J4
80 85 80
137 115 HV
o'; 'i
7rK. 74'- 75 Vi
.H; 201, 31
03 '4 01
21V, 21 21
7(15 B55 700
65 60T4
46 45. 46V-
41 4 " 41
66 63 611
15 13 15
115 114 11.1
50 57 50
84 83 84
74 'i 72 74
114 02 !"
Otl O0 03 Vi
305 105 105
71 (. 67 71
83" S31- 83
47 411 47
IS 16 18
CORN.
Open. High. Low. Close.
May 11.86 11.80 $1.86 Jl Mi l
July 1.01 1.05 1.61 1.64
Sept 1.51 1.55 1.51 1.S4
OATS.
May l.on 1.02 1.00 1.02
July... .si .00 . .88 U- .80
Sept .7u .75 .74 .75
MKSS PORIt
July 34.35 33.00 34.40 34.40
Sept 35.20 35.70 35.20 35.25
LARD.
July 21.10 2i.22 21.05 2L1 5
Sept 21.05 22.07 21.00 21.B5
SHORT RIBS.
July 18.15 18.25 18.15 18.20
Sept 1S.90 10.02 18.00 1U.O0
Cash prices were:
Wheat No. 3 red. $2.85: No. 3 hard.
:.at: rso. northern, sorine nark. x::o.:
io. u northern spring, 2.80w 2.85..
Corn No. 2 mixed. si. oil u, rn 1113- "No a I
eiiuiv, 1.10 2 Iff l.VQ.
Oata Xo. 2 white. Jl.OoftldT: Nft. a I
WlUte. 1.U(U 1.11U.
Itve r.O. 2. 52.0442.07.
Barley $1.50'y 1.62.
Timothy seed, $HKil2.
Clover seed $25&35.
Pork Nominal.
Lard $20.5(1.
Ribs S17& 1S.25.
Oraio al San Francisco.
SAN FRANCISCO. Mav 25. Grain -
Wheat. $3,66 2-3 per cental; oats. red. I
j.iiipii.311 Dariey. leea. Z3.40ft3.50: corn.
Culilurnia yellow, S3.0o Hl 3.75 : rye. $3.25.
Hay Fancy wheat hay. light, five-wire I
bales, $3841 per ton: Ko. 1 wheat or
neat ancr oat nay, $35&38: No. 2. $32
Jo: choice tame oat hay. $37j40: other
ay, $33f37; alfalfa -hay, $3032; stock 1
ay, -v(tpA; Oregon wheat and oat mixed.
20fii'32: No. 1 barley straw. 70e(fi.il per I
Utile.
Seattle eetl and Hay-.
SEATTLE. Wash.. May 25. City deliv
ery: Feed mill. $52 per ton; scratch feed.!
$80; feed wheat, $90; all-grain chop. $80;
ats, $: sprouting oats, $81: rolled oats
80; whole corn. $83: cracked corn. $85:
ronea Dariey, $78: clipped barley. $83.
nay eastern vi ashington timothy mix-
d, $47 per ton: double compressed, $51:1
nana, $40; straw, sit.
01.70'Anglo Fr 5s..
84. 70: A T - T cv 6
Ki 1111 itrhen cen 4s
S3" 86 1 R C. con 4s 30
08 1
03
81
rin 1st 4m.
do lid 4s.
do 1t 4'
do M 4 Us.. H9.001N P 4s
do 4th4'B.. sr.r,n x V
Vl.-tory 3.. J'ae T & T
do 4'i ntt.24.Pa con
U S 2s ren-.-Mttl IS P cv T.s. .
do ls cmi. ..101 ISo Ry Gs...
IJ S 4s rep. . .104,1U P 4.....
do cv 4s cou.104tU S Steel .s
pHn ,(.-. ro?....7 ! - "
do 3a cou T7 Htd.
1W.tmt Minlnff ftok.
"BOSTON, May Cloiup quotations:
Allnucr. 3tlM.Nnrth Butte lU
70-
4
it 5
7S
1)0
A rlx Com
-al - Aris:. . .
t.'al & IIcla..
frntennial . . .
Copper Ranfje.
Kast Butte. . .
Kranklln
Tslc Royalle..
Mohawk
, fto lOsccola
,33i iQuincy
, 1 1 ViSuprior
, 40' Sup. Boston.
. 311 Shannon
. 2Vj;lTtah Consol...
, 30 j Winona
. fi3 1 Wolverine
4 Va
4
l1
16
Money, ExchapBC Ttc.
NEW YORK, May 25. Mercantile pa
Dor. 7Nc.
KxchanRe, IrrcRular. Sterlinc fiO-day bills,
$3.S0li; commercial ttO-day bills on banks,
$:i.80i : commercial HO-day bills, 3.7!-sc
demand, f 3.S4 : cables. $3.8." . Kranca,
demand, 12.87; cables, 12.8.".; Belgiai
francs. demand. 12. 04 ; cables. 1'2
culldrrn, drnmnd. 36;'-8 ; cables. 3K'i ; lire,
demand. 1 7.82; cables. 17.N; marks, de
mand. 2.SI ; cables. 2.82: drachmas. S.;i
New York exchange on Montreal. 10 11-1
discount.
t.ovornment bonds, trons; railroa
bonds, steady.
Time loans, unchanged.
Call money, steady, unchanged.
Bar silver. 102.
Alcxican dollars. "Sc.
I.OM'OX, May 2.". Bar stiver. .".(
per ounce. Money. 5 per cent. LHscoun
rate, slirt and thrce-montha bills, t 13-1
tfo'Si per cent.
Swiff & to. StM-ks.
Closln? prices of Swift Co. stocks
ChiCKRo were reported by Overbeck
Cooke company of Portland a a follows:
Swift & Co Ill
l.lbby. McNeil & Iibby '2
National Leather 31
Swift lntcriiallnTil 37
SHIPPERS LARGE BUYER
Minneapolis Grain Market.
MINNEAPOLIS. May 23. Barley.
1.62.
'iax No, 1, $4.36?4.41.
Duluth LLnseed MarVet.
D L'LUTH. May 25. Linseed.
.41.
?1 25
f4.3ty
Coffea Futures Close Lower.
NEW YORK. May. 25. The failure of
cold weather reports from Brazil t in
spire any aggressive buying seemed
promote a renewal of scattering llouida-
ion or realizing in the market for coffee
futures today. The; opening was-c13
about 14&-0 points below last nieht's
closing figures later in the day. with July
loucning io.iuc and September 14.SOe.
Reports of higher milreis prices in the Rio
market were offset by reactions In Santos
iutures and declines In exchange rates.
while no improvement was reported in aoot
demand. The market closed 17ig23 points I
nei lower. .viay I4.tuc: July. 15.07c: Sep
tember, 14.80c; October, 34.7'Jc; December.
J4..c; January, 14.7c; March. 14.7Sc.
fcpot coffee quiet. Rio 7s. 15c: Santos!
s, -'4 4 c.
S'aval btore.
SA ANNAH, Ga May 25. Turnentine. !
iirm. sipj; sales. barre s: rwpmt-i
barrels; shipments, 10 barrels; stock, 2591
barrels.
Rosin, firm: sales. 916 barrels: receints.
lli2 barrel; shipments, 8 barrels; stock.
18.UM1 barrels. Quote: B. $14& 14.60; D, I
ii..mjj(.o'j; ml,, W.ttU'eplT.To; ir. j, H,
?.i i.imw 11. 1.1: k. i l.Ooi 17.SO: K. 17.75(
17. 0O; M. 181S10: N. XI 8.25 & 1 S.40: WtJ.
is.."-g jo.uu; w , IH.7. 18.00.
Metal Market.
.Mew luuK. may 1:6. coooer dull nn.
cnangea.
Iron steady, unchanged.
Tin easier.. Spot. 52.00:
50.5Oc.
Antimony. 9.50c.
Lead quiet. Spot offered at 8.85c.
'-tne dull. Ka.st St. Louis delivrv unnt 1
New Issue
67,000 Shares
Thlinket Packing Corporation
(of New York, successor to Thlinket Packing Company of Oregon.)
CAPITALIZATION
Capital Stock (all common) no par value 100,000 shares
- Transfer Agent
Bankers Trust Company, N. Y.
Registrar
The Chase National Bank, N. "V.
The Thlinket Packing Company, established in 1902 is a pioneer m the salmon canning industry.,
It engages in every phase of the business, from the catching of fish and manufacturing of cans to the
wholesale distribution of its product.
The following important features art summarised from a letter of Mr. James T. Barron, President
and General Manager of the Company : .
1. Company has no bonds, notes or preferred stock outstanding and has ampls
cash working capital. ,
2. Net tangible assets (exclusive of valuable real estate, good will and trad
name) are valued in excess of $1,000,000.
3. Business has been built up entirely out of profits from an original invest
ment of less than $20,000.
4. Company has very valuable trap sites, secured years ago from U. S. Govern
ment, which make it independent as far as raw material is concerned.
5. Company has made no war profits. Net earnings for past TEN YEARS
(1910-19) after deducting liberal depreciation and all Federal and other taxes N .
averaged $114,492 per year; and for the past FOUR YEARS (1916-19),
after the same deductions, averaged $144,332 per year, equivalent to $1.44
per share upon its entire capital stock.
6. Based upon present capacity of 7,000,000 cans, and taking no account of the
Company's expansion program, earnings for 1920 are estimated at not less
than $400,000, or at the rate of $4.00 per share.
7. Dividends have been paid for last twelve years without interruption. Since
1910 cash dividends, including that about to be pad, amount to over
$1,000,000, or at the rate of over $1 per share yearly, on the present capi
talization. 8. Management remains in the hands of those responsible for company's
growth. '
The books of the company have been audited by Messrs. Price, Waterhouse.& Company and the
properties appraised by the-General Appraisal Company.
Legal matters in connection with the issue are being passed upon by Messrs. Goldman & Unger and
Kellogg. Emery & Cuthell for the bankers, and Messrs. Hastings & Gleason for the company.
Application will be made to list this stock on the New York Stock Exchange.
A large portion of the above stock having been
sold or applied for, we offer the balance at
$14.50 per share
Deliverable when, as and if Issued and received by us
v
Descriptive Circular on Request
Hellwig & Reutter
Members New York Stock Exchange
25 Broad St. New York
Robert C. Mayer & Co.
Investment Bankers
Equitable BIdg.
New York
Statements herein, while net snra,nte4, h&ve been obtained from sources we consider reliable.
;,Hi,m,;iinUi:i;.l,ii.1.!i:i ),
YOUR BEST
INVESTMENT
' "s"rif'ii
a1 v - - ;t -. v
II .iiiliiil!ii:iUtlwuit.i.iintil
HIGH CLASS
MUNICIPALS
One of Our Many Tax Exempt luoei
City of Buhl, Idaho
YIELD 7 PER CENT
These are epeci&l assessment bonds, were bougrht as such and are
offered as such.
Dated Anir. 1.1. 1SM9. ERttmated maturities -102-2&
Uenonsinat Ion xiooo, price to net 7 per cent
EVERY, advantage, la offered the investor in these splendid securities
rate, yield and absolut-e safety. Furthermore, money thus placed not
only nets excellent returns, but gives one the opportunity of investing
where the preat northwest country will benefit by constructive work, sue!)
a in this instance, where the money oes to further improve a progressive,
modern city by building- a sewer. Big:, rich territory surrounds Buhl an
the city has very substantial industries and i3 growing fast.
Principal and Semi-Annual Interest Payable
in Buhl or in New York
Teiephoae er TeJefrrapfct Orders at Our Expenae
B C ASfTAl
I OmcMiluon
WD.IAS..
Morris Brothers
Clfie rPremiercMunictpa.IBond'fouse
U orris Bids..
S09-11 8tart St.. Bet. Fifth and Sixth
TeleDhoae Broadway SX&X
SHEEP MARKET IS WEAK
ii:m.m slow with large
SCPPIiY OX H.VND.
June-July,
Cattle and Hogs Are Steady
. Previous Prices Fair
Run for Day.
Smooth heavy
Hougrh heavy .
PUs
Shoop
Lambs
Cull Iambs . . .
Teirlings . . . .
Withers
Ewes
. . It. Ofl 13.00
. . moni 11.00
.. 12.UO01U.75
. . J3.OO14.00
. . IMMKu 1 l.."
. . 9. 00 Hi ; 10.00
. . .oni6ii.no
.. 5.UO0 S.50
Irid Fruit at New York.
" 1 u. may . l.VMTlora ( , H an.
1361SVsc. Prunes firm,
mand.
1 J fa-1 ;c ;
Peaches in
de-
OAILY METEOROLOCIC.1L EEPOBT,
PORTLJXD. Or.. May 2." Maximum
temperature. 83 denrees; minimum tem
lierature. 41 degrees. River reading, 8
A. 5!.. feel: ihanep in lst "j ..,M
"'-""i rife. ioiai rainfall I. M
- -. lraee:( total rainfall Fince Sep-
....... uu-iiet: normal rain
fall since September 1. 41. SO inchec- Hri-
cienoy of rninfall since September 1, U11,
10,i,il inrhes. Munri.e. 4:l'.s A. M : sun
set, 7:47 P. M. : total sunshine. 10 hours
4. minutes: poHlble sunshine, 15 hours 19
mmuies. .Moonrise. l. M - moonset.
1L:.1 A. M. Harometer (reduced sea leveli,
P. M., .10. ! Inches. Relative humidity:
T A. M.. 3 per cent; noon. 00 per cent: 3
lr. in.. 9 per ccMi.,
THE WEATHER.
Tsere was a fair run of 17 loads of stock
at the yards yesterday with sheep mostly
state, I in evidence. Sheep and lambs continued
the weak feature of the market with the
demand very slow. Cattle and hogs were
steady and unchanged.
Receipts were 13u cattle, 2 calves, -ttJ
hogs and 11H3 sheep.
The day s sales were as xollows:
wt Price.!
3 steers.. 1043 10.00l lhogr...
iw.-zoi l nog. . .
STATIONS.
3
Weather.
Baker
CHICAGO CORN" MARKET GIVEN I Boston ,
STKO.VG CPMr'T.
Itet-eipts Fail to Increase as Ex
pected farmers Mot So Ready
to Sell Since Decline.
CHICAtiO. May 25. Failure of receipts
to iiu-rease acted as a decided bullish fac
tor today In the corn market. Prices
c osed etrong. 2)kiole net higher, with
July J1.B4' V l.65. anil September $1.54
fel.54f. Oslt gained 4fc2'ic. In pro
visions the outcome varied from 10c de
cline to 42c advance.
Huns in the corn market made much of
talk that pince the recent big break in
prices country shippers were 'apparently
not o anxious to sell as had been sup
posed, and in some cites were refusing
cars ottered by the railroads. On the
otiior hand shippers here were free buy
ers shit to a considerable extent took the
rntrol of the cash market tty from in
dustries. Oats were helped upward by gossip of
renewed liberal export business.
Provisions averaged a little higher In
sympathy with grain and hogs.
The Chlcner, market letter received res
tr,l iy hy Overbeck AV Cooke Co. of Tort
Is nd said:
Corn Ptsrted liiKher on buying induced
by the unfavorable weatht-r aud report!
30! 54 O.io:. iriear
34 5s:o.HVla'NWiClear
44( SS 0.00.12 NB cinudv
KS: 54 O.0O '2:XE Icioudy
4SI 2:0.OIliN (Clear
B2 ss,o.oo;..IN IPt. cloudy
Its: Kllli Ml' Issw
3Mi .', O.ooL .IXWjClear
74; 8X O.OOi. .SW Clear
44 no 0.02,20NWiPt. cloudy
1 SO,0.no:..IE Clear
1 541 74 0.OO,..;SW Clear
321 68 0.00 12 XW!C!ear
30! 74 O.Ortl. .!NW!Clear
HOI S4 0.IH110 SE IPt. cloudy
Chicago
Denver
Des Moines..
Eureka
Galveston ..
Helena
tJuneau
Kansas " City,
l.os Angeles.
Marshrield
Medford
Minneapolis..
New Orleans 74i DO 0.00:. .IXWIClear
New Tork .. 541 72 O.OO 10 XE :Pt. cloudy
.Minn nenu.1 ,-.o.vi , ,n iv.iouuy
Phoenix I B-'ilOO O.OO llliW 'dear
Pocatello ...f 42! 54 0.04 12!SW iciear
Portland ... 44 C:l O.OOi. .NW;ciear
Roseburg ... 32i 74 ;o. Oil' . . IX .'Clear
Sacramento .1 44j N2 0.00110 XWiCleer
'St. L.oui ...1 fi2! TSO.IW'.JXE Clear
Salt Lake .. 54' oil 0. HO! 12 X WCloudy
San Diego.. I 50' oil 0 . oo; . . !SW (Clear
S. Francisco.! 50j 7M.iMtlS W IClear
Seattle I 42, 5VO.Oo . .,v JPt. cloudy
SILKa ! ;iu; -tirii. H2. . . XK iPt. cloudy
Spokane 4il' 5 0.02.. .'SW Pt. cloudy
lacoma .... -i in' i'.ihj:., l't. clouuy
Tatoosh Isld.l... ...P..S C oudv
tValoez J 30 '54 'o.ool . . X Pt. cloudy
ws'fa vana ni o.in . . t'lear
Wsshinglon. l 5t! mi O.on . . XW;cioudy
Winnipeg . ..' 4 74 0.OH12 SE 'Rain
Taklma ' 3V lOO.Uii.. XWCIesr
20 steers. .1020
5 steers.. D16
20 steers.. 013
10 steers.. 121
3S steers. .J WW)
15 steers. .1232
5 Steers. . 540
13 steers.. 572
5 steers. . 052
1 cow 1100
6 cows... 941
2 cows. . . 125
1 cow. . . .1050
2 cows.. .1 105
1 cow.. . .lOe-0
1 cow.. . .12110
1 cow OOO
1 cow.. . .1070
1 calf 10O
1 calf. . . . !'0
12 calves.. 85
1 calf 110
6 calves.. 135
2 calves.. 115
1 bull DIO
1 bull 10X0
5 hogs. . . Otj
I hog 1 SO
4 hogs. . . 220
15 bogs. . . 212
4 hogs. . . 105
8 hogs.. . 212
10 hogs. . . 200
12 hogs. . . I'.'O
18 hogs. . . 130
10 hogs. . . 172
6 hogs... 118
7 hogs... 211
1 hog 220
2 hogs... 140
13 hogs. . . 218
3 hogs. . . 430
ID hogs... ISO
IS hogs.. . 20
2 hogs 375
4 hogs... 200
13 hogs 170
17 hogs.. . 171
hogs.. . 104
1 hog 550
2 hogs. . . 155
1!) hogs. . . 141
4 hogs. . . 270
8 hogs... 233
3 hogs.. . 153
II hogs... 220
hogs. . . 240
8 hogs. . . 1S3
6 hogs. . . 228
Wt. Price.
20 114.
8.85 7 hogs.
s.h.! nogs.
11.0V 3 hogs.
11.3. 2 hogs.
11.501 2 hogs.
S.oo o hogs. . . .
S.25 7 hogs. . . .
II.ihi 1 hog
8.O0 3 hogs.. . .
9.00 !) hogs. ...
7.5i 4 hogs. , . .
7.50! 2 hogs.. . .
.25 1 hog. . . .
0.25! 5 hogs. . . .
10.50! 14 hogs
8.50' trl hogs.. . .
8.50' 13 lamba. .
1 4.0V; 10 lambs. .
10.00' 6 lambs. .
S.Oo' 11 lambs. .
5.00 4 lambs. .
13.00140 ewes. . ..
10.00,50 ewes. . . .
7.o0i25 ewes.. . .
7.001 6 ewes. ...
.00! 51) year! . . .
13.50! 37 yearl . . .
13.00I 324 weth's.
lo.ooi 255 weth's.
15.00 36 weth's.
15.001 7 weth's
320
250
17
21
180
185
13
222
510
, 383
. 18(1
245
5".0
3!0
224
285
55
68
4S
58
62
85
100
1110
80
102
93
i7
68
10T
129
111
PT
93
86
140
113
13.00 40 weth's. .
15.00 30 weth's..
13.00 7 weth's..
15.00 6 weth's. .
13.O0 285 weth's
15. uD 1 buck. . .
13.50 8 bucks..
13.301 1 buck 250
14.75! 68 mxd. .:. 63
14.75'13 steers. .. 958
14.731 steera. .1018
14.50 1 cow. .
12.75, 4 cows..
14.751 1 cos, .
12.751 6 hogs..
14.50J12 hogs..
15.00 1 hog. ..
lO.ouill hoes..
14.
13.001
12.751
14.75!
14.75
14.75
14.75
15.00
14.30
8 hogs.,
1 hog...
1 hog. ..
1 buck. .
1 buck. .
3 bucks.
9 mxd . .
4 mxd.. .
62 hogs.
.".hogs:.. 50-22:.-.oj 1 hog
16 hogs 160 13.75 2 hogs...
840
S80
810
281
20O
260
229
238
450
3O0
170
170
J 53
364
641)
115
190
303
12.75
14.65
15.00
14.75
14.50
14.75
14.75
13. OO
11.00
11.00
15.00
15.no
10.011
12.50
14.50
1 4. 7 7i
14.70
12.25
12.2"
lO.tMl
13.5rt
12.51)
8.50
9.
8.00
8.00
11. OO
8.00
S.OO
8.00
8. nO
8. Oil
8.00
9.00
S.OO
8.00
8.00
5.50
6.00
4.O0
10.00
1D.50
S.OO
11.00
7.50
10.50
14.00
14.75
14.
14.751
14.
10.00
13.
5.50
3.50
S.2,
S.OO
15.00
14.00
13.00
t.. M. today,
ing riay.
P. M. report of preced
rOUEOASTS.
Portland end vicinity Fair end warmer
nnniiwegteriv winds.
nremn and Washiugton Fair and warm
er: light to heavy frost in the interior
in the morning; gentle northwesterly winds.
tA hnro . 525 14
Livestoca prices HI tne iu'l bum,
yards were as lotiows:
Best graae, puip-ie exeern
Choice steers
Good to common steers..
Medium to choice steers
Kair to medium steers
Common to fair seers
Choice cows and heifers
Medium to good cows, renrm.
Fair to medium cows, heifers.
Cinners
Bulls
Prime light cawes
Medium to light calves
Heavy calves w ...
8ockers and feeders . -
Hogs .
Prime mixed
Medium mixed
Chicago Livestock Market.
CHICAGO. May 25. Catt'e Receipts.
10.OO0. Beef steers steady to 25c higher.
Bulk. $11.254?12.oO: prime heavy, $13; she
tock steady to strong: good yearling heif
ers. $12.50: tanners and bulls steady; best
bolognas, IS. 10; calves steady; good and
hoice vealers. l2.OSr 13.50; feeders firm.
Hogs Receipts. 29. OOO; market active.
lOc to 15c higher. Tod. S14.8S: bulk light
and light butchers. H4.80W14.75; bulk 250
pounds and over. S13.90" 14. 40: pigs steady
to 23c higher, with bulk at J11.25P 12.50.
Sheep Receipts, 13. OOO; market steady
to 25c higher; choice to prime shorn
lambs. $16.50Si17: few fat ewes, 111.15;
one load new crop feeding lambs, S13; top
California spring lambs. $15.75.
Omaha Livestock Market.
OMAHA. May 25. Hogs Receipts,
A Ji-fOOReceipts, SH SHRDLUV
11. OOO; market steady to shade easier;
top. $14.25: bulk. n.5014.
Cattle) Receipts. 4.o; heavy steers slow.
others and butcher stock 10 15c higher;
yearlings, $12.50; bulk of steers. $10..om
12.25: veal, 25c higher; top, $13; stockcrs
and feeders quiet.
Sheep Receipts. 3.1OO; market steady to
slow. Bulk California spring lambs, sltl
6iM6.73; clipped, Slogfia.ao; best ewes.
$9.50. -
KansaV City Livestock Market.
KANSAS CITY, Mo.. May 25. Cattle
Receipte. 8700. Uull, heavy and choice
handy-weight steers weak to 25c lower;
plain about steady: bulk. u.50eil.7,-;
cows and calves steady; yearlings barely
steady; bulk $1 1.7ft4t 12.50; stockers Band
feeders unevenly lower.
Sheen Receipts. 81)00. Sheep. 23 w 40c
higher: choice California ewes. $9.50; bulk
ewes, $8tf9.ao; spring iambs, atrsnf to )5c
higher; spring California lambs. $15.90;
bulk goats still back; few sales at 25&5UC
higher.
Seattle Livestock Market.
SEATTliB, wash.. May 25. Hogs, re
ceipts 1919: steady. Hog quotations:
Prime. $14..i0&'15: medium to choice,
13.50'p 14.5": rough heavies, $12.5013;
pigs, s 1 1. oo ta 1 av.
Cattle, receipts 107; steady. Beer steers.
$129x13; medium to choice. $10912; com
mon to good. $7.ootf 10;. cows and heifers,
$10.2510.75: common to good. $7910;
bulls, x j.tHiqs s.oo; calves, ii.autfia.
SAX KRAXCISCO PKODECE MARKET
$2.5033: beets, $2.50 per sack: summer
squash, per crate, $151.35 ; Italian. $1.23
1.50.
Fruit Oranges. navel, $466.75, ac
cording to size; valencies. $4.50$ 3. 50: lem
ons. $3.255; grapefruit; $2473:: bananas.
Central America, 8&9c: Hawaiian, 10c per
lb.: pineapples. $464 per dot.; apples,
Newtown Pippins. 3-tler. lHW3J.i: 4-tier.
$3! 3.25; 4-tier. $2.002.73; rhubarb,
per box. $1.30(o'2: strawberries. Peninsula
and Watsonville. 60&70c per drawer for
8-ox. baskets: 75c4$l for 12-os. baskets:
lonuats, 1012i4c; avocadoes. per doz., $3
7: apricots, per lb., I5J18c: Imperial
vallev, per crate, $4tf4.50; cherries, purple
Guigne. 14lc per lb.; $202.25 per draw
er: white, nominal: figs, black. $22.SO per
box: white, $ 1.50& 2 ; gooseberries, per lb..
rrr: cantaloupes, per crate, standards.
$H(&9: ponies, $6&8; flats. $2.50; peaches,
per box, $2.50&2.75; watermelons. 12M:c
per pound.
Receints Flour. R283 Quarters: barley.
2885 centals; oats. 963 centals; beans. 1961
sacks; corn, 60O centals; potatoes, 851
sacks: onions, 736 sacks; hay, 15 tons;
eggs, 107.S2O doz.; hides. 614 rolls; oranges,
luoO boxes; livestock. 85 head.
F.afera Dairy Produce.
CHICAGO. May 25. Butter, lower.
Creamery, 42ar&4c.
Eggs, lower. Receipts. 29.3lo cases.
Firsts. 39(4S404c; ordinary firsts, S5Vj
!6"Ac: at mark, cases Included. 38'a3"4c:
storage packed extras, 4243c; storage
packed firsts;. 42 c.
NEW TORK, May 25. Butter, weak:
creamery higher than extras. 60 4? 01c;
extras. OOc; firsts. rVi troOc; packing
stock, current make. No. 2. 41c.
Fggs, unsettled. Storage packed extra
firsts, 45r45tc: firsts. 43444c; fresh
gathered extra firsts, 433&44c; firsts,
41r42'4c.
Cheese, firm, unchanged.
New York Mng&r Market.
NEW YORK, May 25. Raw sugar firm.
Centrifugal, $23.57; fine granulated $20.50
26.
Prices Current on Vegetables, Fresh Fruits,
' , Etc., at Bay City.
SAN FRANCISCO. May 25. Butter
Rxtra grade. 54 He: extra firsts. 53 Vj c.
Eggs Fresh extras. 45c; firsts. 42c;
extra pullets. 394c: undersized. 31V.C.
Poultry California hens, large, 3639c:
small. 29trSlc; strictly young roosters.
4fS4Sc for good: old. 17819c; fryers, 40e
45c; broilers, large. 3ftth37c; small, SOiff
32c; geese, per lb.. 3032c: ducks. 26
29c: pigeons, per dozen, $2.50fi3; squabs,
dofe60c per lb.
Vegetables Beans, winter. Ififte: Ken
tucky Wonders, 12c: wax. 11ftl2c per lb.
bell peppers, per lb.. 1015c for small
204J30C for large; Chile. 30c; tomatoes.
Mexican. nominal: southern California
fancy. $33.00; green, $l.oO$i2; potatoes.
rivers. $7S.50 per cental; Netted Oems.
$7.758: white, 7 8c; onions. Crystal
White. $1.502 per crate; new red. $2.50j?
3. Australian brown, per cental. $i.tH7:
cucumbers, natural growth, $2452.23; hot
house, $2.502.73 per box; artichokes. $5l&
8 per large crate: lettuce. $1.50i'1.75 per
7 r.nak, ar.rtcraie; asparagus. wmc: tanoy graded. 11 sj
Sloe; green asparagus. 4x6o. green onions,
$262.25 per box: celery, per crate,. $2s4:
14.00 14.50 fancy, $406: peas, per lb.. tlc; carrots,
$12.2513.00
ll.uoti'lL.I
11.001,11..-
IO.OOSj 1 1.00
9.IIO IO Oil
S.OOSii 9.00
10. 25 Sflt.OO
S.IMIJOV 9.00
7.O0 8.00
' 5.rwffr 6.00
6.00g 900
12.00f 16. on
9.00 ft 12.O0
8
weekly paper, has resigriea and will
return to Marshfieid. where he will
re-enter newspaper work.
Cotton Market.
NEW YORK. May 23. Spot
steady; middling 40.OOe.
Marshfieid Kditor Returns. '
QTJIN'CY, Cal., May 26. (Special.)
O. V. Briggs, who came here from
Marshfieid, Or., several weeks ago to
assume the local editorship of a
Carnation Milk
Products Co.
5-year, 7 Convertible
Gold Notes
Dated May 1st, 1920.
Due May 1st, 1925.
Coupon Notes in $500 and
$1000 Denominations.
This is one of the largest
and most prosperous Com
panies in the Northwest.
This issue of $3,000,000 rep
resents the only bonded debt
of the Company.
Price 96.50 to yield 7.85
blyth. Witter. &Cc
United States Government,
Municipal & Corporation Bonds.
YEON BLDG. PORTLAND, OR.
Telephone Main 3304
9 PER CENT
That unheard of yield from conservative investment is
to be had on -
Maytag Company Gold Notes
issued by the world's largest and most successful
Washing Machine-Manufacturer.
ClARfCKENDAU 6 CO. INC
0vtQuifrrn 9
t
NET
I
That is what
counts in returns
on investments.
NCOME TAX 'goes far to lower the yield
of foreign govanment and corporation bonds.
It does not affect
Municipal Bonds
They, are
INCOME TAX EXEMPT
That is why our 6Vz municipals give a net
yield equivalent to a taxable security yielding
7Vz, & or more, dependent upon the income
of the investor.
Call or write and let us - assist in
selecting your bonds. Our munici
pals include:
Rate Maturity Yield
Kifigman Colony Drainage..
Cowlitz Co., Wn., Diking -
Prineville, Ore.. Funding ..
Whitman Co.. Wn., Roads..,
Hardin, Mont., Jmpt. .......
. . . .-. . c
6
6
31--40
S-'3S
34-'S8
21--30
s.:
7 To
6
5.50
6.50
Uiuicr SopiiiOrogbtiStak Daaxi ngCHvaxlBienjC
BONDS TRUSTS A CCEPTANCES
Lumbermens Building
$150,000 Stock Offering
of the ; -WESTERN
RUBBER CO.
of Tacoma. Washington r
PORTLAND BRANCH OFFICE
903 N. W. Bank Building, Portland, Or. ,
Error Corrected
1 Monday, May 17, an advertisement published in The
Oregonian by us quoted an extract from a speech by
Mr. F. A. Siberling, president of the Goodyear Rubber,
Company, as follows:
"Tar past y-sr wr ksve rarnrrl. not raking: Into arr-oriftt .
what may ! tl rii u r-t nl for federal tox.ru, 6, for Ike
coauaai slork of this company. ,
This should have read 61'.
5 You are invited to subscribe to the stock of this company while
it is still selling at par. It now has assets in excess of a half
million dollars.
Your name and address on the lines below, when mailed to us,
will bring a booklet giving you full particulars of this attractive
investment, or we should like to have you call in person at our
Portland Branch Office, 903 Northwestern Bank Building, Port-,
land, Oregon.
Name .
Street No -
City and State
German Marks Advancing Steadily
Of all f ore i urn moivfT the Mark has made tbe tarjreftt gdruee In the pant
two weeks. A further advance, of 10O point is possible within, tho next 30
aaya. ne acain hvin ju to
Pre-War Price
BXT3T THESE
$4760 20 German Bonds
Present Price
450
10 Bonds Mark 1000 each 5J German Govt. Bonds at 112.50 each.
10 Bonds Mark 1000 each City of Brrlln Bonds at $22.30 eaeh.
You can buy these 20 Bonds NOW for ?450 on our 10
months' installment plan, paying $90 cash and $36 each
month.
Two weeks alco you could hare bought theae bonds for $S75. Owlnr t
the rapid advance in the Mark, we cannot truarantee prices for any lenrtA
of tlm. and we ftrmlv believe that these very bonds will be aelllnc for at
least 30 each within a month. Act quick Buy NXJW for lane, sure profits.
Wire 3 oar arder at aur expense and let remittance follow.
Write for complete list of coTernment. rHT and Industrial bands.
Options on German Marks Good for 6 Months
10,000 Marks option, $60 100,000 Marks option $400
All the above offerings sub.teet to change In price without notice. Money
transferred to all parts of Europe bv cabte; drafts Issued on the Deutsche
Rank, Bcr'in, and all Its branches !n Germany at lowest daiir rates. Cur
rency of ail European countries Bought and Soid.
HENRI & BERNHARD WOLF & CO., INC.
Dealers in 1 oreiaa Kscbaace and Fareirn .Bonds.
: Marf'oao Avenue New York City
V