Image provided by: University of Oregon Libraries; Eugene, OR
About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (May 29, 1920)
THE MORNEVT OREGOXIAX, SATTJEDAT, MAT 29, 1020 19 CONTROL OF WHEAT PRICE HEARS Ei Grain Corporation Authority Ceases in Few Days. ALL WHEAT DISPOSED OF Much Flour Still Remains to Be Shipped to Europe Notice of Xdoense Terminations Given The United States Grain corporation will cease to operate on June 1 ae an agency for the maintaining of the guar anteed wheat price. M. H- Houaer win. however, retain his office for a month or more to close up the affaire of the cor poration. All the wheat taken over from farmers has been disposed of, but the cor poration still has a large quantity of flour to move. This flour has been sold for European relief and will be shipped from north Pacific porta as soon as tonnage becames available. Some delay in forward ing flour has been occasioned by the turn ing over of steamers to private exporters, but there are indications that tonnage Will soon be more plentiful. Notice of the termination of licenses was Issued yesterday by Julius H. Barnes, as follows: We desire to Inform all licensees that toT proclamation of the president of May 25, 1920, there is terminated all licenses affecting wheat and wheat products and cereals and cereal products, effective June 1 1920, whether Issued under the license authority of the wheat guaranty act of March 4. 1919. or under the original food administration act of August 10. 1917. This la formal advice that requirements under that license authority for regular and special reports and other license reg ulations are terminated as of June 1. -In accordance with the terms of the voluntary contracts entei-ed into between the grain corporation and various trades, particularly millers, flour handlers and bakers, this Is advice that under the pro visions of that contract, the grain corpo ration announces as fair equivalent of the wheat guaranty price level, a price of straight flour of the grain corporation ac ceptable standards, as $10.75 track Balti more, with the usual differentials made by the grain corporation. Attention H called to the fact that under those contracts. If any of the trades desire to make tenders of flour to the grain corporation under the provisions of those contracts H requires their affirmative action and definite notice to the grain corporation. Otherwise It will be understood that the contracts expire without this resale privilege being used by the contractors." m it Houaer announced the price of straight flour as based on the government wheat price level In the xoitowing "w""' t nriA 10. for delivery at north Pa cific coast terminals, we announce as the fair equivalent of the wheat guaranty price level, a price of straight Hour ox me corporation acceptable standards as S10 f. st. s. or $9.90 track. Notice of such ten ders must be made to Portland office." CROPS NEED WARMER WEATHER Grain Situation Otherwise Is Favorable in Northwest. The crop situation In the Pacific coast district is reported by the weather bu reau as follows: Arinna Some replanting done in fa vorable localities. Alfalfa and barley har- voRt m oroeressing. Utah. Weather very favorable for crop growth. Grain, alfalfa and ranges grow- Nevada Alfalfa, wheat, barley and oats a. T--L vrnwine well. Idaho. A good soaking rain needed. Al falfa made rapid growth and weather was favorable for wheat, which is doing wejj In all sections. Wanhincton. High winds in central counties now drying out soil rapidly. Sun shine inadequate and nights too cold. Al lalfa cutting will "be general first week in June. Wheat has made slow growth. Oats axe looking well. Oregon. Winter wheat and rye doing fairly wall in northeastern counties, but need rain In Willamette valley. Early sown barley, oats and spring wheat, gen erally, are looking good. A considerable acreage of corn planted and looking well. Haying is under way in Douglas county; first cutting alfalfa In Jackson and Jo sephine county nearly ready. California. Weather In northern and central counties unfavorable for grain. tow heading. Weather in southern coun ties favorable for ripening grain. SMALL DEMAND FOB FEED GRAINS Corn Bids Reduced One Dollar on "Local Board The wheat and coarse grain markets were very quiet yesterday. At the Mer chants' Exchange June and July corn bids were reduced $1 and other offers were the same as Thursday. Weather conditions In the middle west. aa wired from Chicago: "Mostly clear and fine in central and northern part of grain belt. In wast and southwft it Is cloudy and cool and raining in sections of Kan sas and Missouri." The French government proposes to fix he minimum price of wheat during the next three years at 73 francs per quintal. Terminal receipts. In cars, were reported y the Merchants' Exchange as follows: W heat. Bar ley Fl o ux. Oa ta.H ay. Friday t, Year ago Season to date 8482 Year ago ...744 Tacomti Thursday .... 6 tkason to date 7u:? Year ago . . .oiU3 Seattle Thursday .... 13 feeason to date 61tJS Yar ago....5o43 1 8 ... 1 '185 SSS2 612 2192 10T Ji713 732 SUM T 8 8170 177 83 4 i lill 2 . .. 2 247 1182 645 1223 7 laii. oai 2064 STRAWBERRIES SCARCE AND FIRM Straight Car of Cantaloupe la Coming to Portland .From Imperial Valley. Strawberries were rather scarce on the street and prices are firm, Californias which are about done for this year, sold at $4.o0iy4.75. Hood Rivers brougnt S7 and Southern Oregons $4.50 (tf 5, according to condition. A straight car of cantaloupes is en route to Portland and will arrive about Thursday of next week. Pony crates sold yesterday at s. Butter Market Is Steady. The butter market was steady yesterday, cubes selling at 49 & 50 cents. No change In print prices is anticipated in the im mediate future. The demand for eggs was slow and the market was weak, but there was no change in buying or selling quotations. Poultry and dreased meats movefl at former prices. Bank Clearings. Bank clearings of the northwestern dues yesterday were as follows: Clearings. Balances. Portland $4,918,437 l,2tMi.S77 Seattle 7.O50,li3 l,9itf.578 Tare ma 7J7,799 2:11,849 Spokane 1.776,793 712,053 PORTLAND MARKET QUOTATIONS a Grain. Floor. Feed, Etc. Noon session. Merchants Exchange. Bid Oats May. June. July. No. 8 whits feed $70.00 $70.00 $70.50 Baney- Ma. 3 biua m.... IU0 C7.50 6.50 Standard feed 66.50 68.50 65.00 Corn No. 8 yellow 75.00 74. OO 72.50 Eastern grain Bulk 76.00 72.50 70.50 WHEAT Government basis, $2.29 per bu.-hel. FLOUR Family patents, $13.75; bakers' hard wheat, $13.75; best bakers patents. $13.75; pastry flour, $ 11.8ft; graham, $11.60; whole wheat, $11.85. MILLPEED Prices, f. o. b. mill: Milt run. $54 55 per ton; rolled barley, $72 73; rolled oats, $7374; scratch feed, $91 e 92. CORN Whole. $81082; cracked. $83 64 per ton. HAY Buying price, f. a. b. Portland; Alfalfa, $5; cheat. $25; valley Uxnotny. $35 36. Dairy and Country Prod nee. BUTTER Cubes, extras. 49 50c per lb.; prints, parchment wrappers, box lots, 54o per pound; cartons, 55c; half boxes. Ho more; less than half boxes, lo more; but t erf at. No. 1, 51 952c per pound at sta tions; Portland delivery, 53c. EGGS Buying price, current receipts, 87c Jobbing prices to retailers: Candied. 41c; select. 43c CHEESE Tillamook, f. o. b. Tillamook; Triplets, 32c; Young America, 83c; long horns, 33c. Coos and Curry, f. o. b. Myrtle Point; Triplets. Sic; Young Ameri ca, 32 Ho per pound. POULTRY Hens, 30 32c; broilers. S3 42c; ducks, 4050c; geese, nominal; tur keys, nominal. VEAL Fancy, 18e per pound. PORK Fancy, 2021c per pound. Fruits ana egetables. FRUITS Oranges, $5.25)7.75; lemons, $5.256.50 per box; grapefruit. $3.50& per box; bananas. lOfllc per pound; apples. 12.75 4.50 ner box; strawberries. California, $4.60(3)4.75 crate; Oregon. $4.50 08.7 per crate; cantaloupes, $9 per crate. VEGETABLES Cabbage. 3fe4fec per pound; lettuce, $33.50 per crate; cucum bers, Sl2.50 per dozen; carrots, $434.50 per sack; horseradish. 25c per pound; gar lic, 50 60c per crate ; tomatoes, $3 per box; artichokes. $1.50 per dozen; spinach. 6 7c per pound; rhubarb, 3 5c per pound; peas, 10&12HC Per pound; asparagus, $1.7 4$ 2.25 per dozen; beans, 17(S)Oc pound. POTATOES Ores-one. 17 0 7.50 per sac: Yakima s, $7 7-50 ; new California. 12 14c per pound. OMONS Yellow Bermudas, $2.50 per crate; white, I2.50Q2.75 per crate; red. $3.75 per sack. Staple Groceries. Local Jobbing quotations: SUGAR Sack basis: Cane, granulated. 244, c per pound; extra C, 24.35c; golden C, 24; yellow D, 24.15c; cubes, in bar rels. 25.60. NUTS Walnuts, 26 & 38c : Brazil nuts, 35c; filberts. 35c; almonds. 383SVfcc; pea nuts, ltxiflbc; cocoa nuts, 52 per dozen. SALT Half ground, 100s, $11.25 per ton; 50s, $18.75 per ton; dairy, $27.75 per ton. BICE Blue Rose, 15 c per pound. BEANS Small white, 7c; large white. 7c pink, 15 c; lima, 13c per pound; bayous, ll)4c; Mexican reds. lOo per pound. tUrif Efi Roasted, In drums, 5D ouo. Provisions. Local lobbfns Quotations: HAMS All sizes. 40 044c; skinned, St (p4ac; picnic, 26; cottage, 38c LARD Tierce basis. 25c; compound 24c per pound. DRY SALT Short, clear backs. 25029c per pound ; plates, 23c a.uijn f ancy. 48 uaBc: stanoara. sots 46o per pound. Hides an-1 Pelts. HIDES Nominal, on account of unset tled condition of market. PELTS Dry pelts, fine and medium long wool. 25c; dry pelts, coarse, long wooi. ISft Hops. Wool. Etc HOPS 1919 crop, $1 per pound; 1920 contracts, 75c; three-year contracts, 45o average. MOHAIR Long staple, new clip. 35c per pound. TALLOW WO. 1. 110120: NO. Z. IOO per pound. CASCARA bark Per pound, old peL lzc; new peel, 10c per pound. WOOL bai tern Oregon, nominal: valley. meaium, ;c per pouna. ukaim .tsA.L;fc -Jar lots, 21c, coast. Oils. LINSEETJ OIL Raw, barrels. 11.98: raw. drums, $2.05; raw. cases. $2.13; boiled, bar rels, $2; boiled, drums, $2.07; boiled, $2.15. TUKPKNTiNB Tanxs, $2.26; cases. SX.41. coal oil iron barrels. 14 017c: cases, J7CPX4C gasoline iron barrels, 27c; tank wag ons. i:?c; cases, 3Hc FUEL OIL Bulk. $2.10 per barrel. SAN FRANCISCO PRODUCE MARKET Prices Current on Vegetables, Fresh Fruits, Etc.. at Bay City. SAN FRANCISCO, May 28. Batter Extra grade, 54 He; extra firsts, 53 c. Eees Fresh extras. 44c: firsts. 40c extra pullets, 87V&c; undersized, Slc Poultry California hens, large, 3639c; small. 2U(aJ3ic: strictly young roosters, 4548c for good: old, 1719c; fryers, 40 45c; broilers, large, 35 37c; small, 30 32c: sreese. per lb., 3043 lie: ducks. 261 29c; pigeons, per dozen. $2.50 &) 3; squabs. 5560c per lb. Vegetables Beans, winter, 8 10c ; Ken tucky Wonders, U&l2c; wax, 8 10c; per lb bell peppers, per 10., Kwic tor small 15&20c for large; Chile, 10 20c: tomatoes. Mexican, nominal; southern California fancy, $i;.25(g .73; green, si.50??2; pota toes, rivers, $8. 50 9 per cental: Netted Gems, $S.50r9; while, 89c; onions. Crystal wnite, i.outfs per crate; new red, s.50 3. Australian brown, per cental. $6.60&7: cucumbers, natural growm, i-t&z.zo; hot house, $2.502.75 per box; artichokes. S5& 8 per large crate; lettuce, $1.501.75 per crate; asparagus, 8S9c; fancy graded, 10c; green asparagus, upoc; green onions, S2uv2.2o per dox; ceiery, per crate. 52 tancy, $4)6; peas, per lb., 35c; carrots, $2.a0qs3; beets, 9 1. o z per sack.; summer squash, per crate, $1.40 1.75; I $1.50L70. "ruit oranges, navei, 4&0.75. ac cording to size; Valencia, J4.506jJo.5O: lem ons, $3.255; grapefruit, $2 (n? 3.60: bananas. Central America, 8$9c; Hawaiian, 10c per lb. ; pineapples, 94 b per doz. ; appies, Newtown Pippins, SVJi-tier, S3 (g) 3.25; 4-tier, S3&3.5014 4 V--tier. $2.502.75; rhubarb per box, $1.50 2; strawberries. Peninsula and Watsonville, oOiqi ,0c per drawer for S-oz. baskets ; 75c t& l tor lj-ox. baskets loquats, 1012c; avocadoes, per doz., $3 7; apricots, per pound, 10 15c; Imperial valley, per crate, $44.25; cherries, purple Uuigne, (fl5ioc per 10.; per draw er; white, nominal; figs, black, $1.502.25 per box; white, $1.50(t?2; gooseberries, per lb., 7c ; cantaloupes, per crate, stand ards. $S&9; ponies. $67: flats. $2.50; peaches. per box, $2.252.50; watermelons, 12 per pound. Receipu Flour, 8920 quarters; barley, 8267 centals; oats, 525 centals; beans, 2400 sacks; potatoes, 1075 sacks; onions, 1075 sacks: potatoes, 1075 sacks; onions, 1580 sacks; hay, 102 tons; wool, 220 sacks; eggs, 52.440 dozen; livestock, 850 head ; raisins, 6000 boxes; oranges, 2500 boxes; hide. 103, cheese, o centals. Coffee Futures Close Lower. NEW YORK. May 28. After opening points higher to 1 point lower the market for coffee futures sold up a few points on covering promoted by the higher Rio mar ket and the firmer tone of the stock mar ket. September advanced, to I4.i4c, male intr a recovery of about 28 points from the low levels of the week; but there was realizing for over the holidays and the price later broke 14.75c. or nine points below last night's closing quotations. CTos- inir nrices were the lowest of the day, showing net decline of 10 to 13 points. June, 14.92c; July, 15.04c; September, 14.74c; October, 14.72c; December, Janu ary and March. May 14-6c Spot coffee, quiet; Bio 7s, 15$o; Santos 4s, 23,24c; Eastern Dairy Produce. KBW TORK, May 28. Butter, firm; creamery higher than extras, 60H 61c; creamery extras, 5kMi OOc; firsts, 5&9 59c; packing stock, current make, No. 2. 40-x & 41c. Eggs, irregular, unchanged. Cheese, weak. State whole milk flats, current make specials, white and colored, 2S28c; others unchanged. CHICAGO, May 28. Butter L w e r. Creamery. 4152C Eggs Unchanged; receipts, 25,081 cases. Poultry Alive, nigner; xowis, Metal Mark. NEW TORK, May 28. Copper dnlL Elec trolytic, spot and nearby,, W19Wc; June, July. August. 19 Antimony, 9.25c TIti Spot, 5s.Oc; June, B1.50c: July, 51c Lead firmer, spot and May offered 8.90c Zinc firmer. East fsx. 1001 spot, 7.45c bid. Raw Sugar Vnsettled. NEW TORK. May 28. Raw Sugar un settled. Centrifugal, 20.57c; refined steady; fine granulated, 21.5Qa 26.50c Dried Frait at New York. NEW "YORK, May 28. Raw sugar un plos quiet. Prunes steady. Peaches quieter. STOCKS CLOSE STRDHE RAILS AXI INDUSTRIALS MOVE AT HIGHER PRICES. Further Relaxation of Time Money Rates Irregularity Reported ta -Bond Market. NEW TORK. MlT 28. Tbs iminiuhiiK holiday had a perceptible effect upon the volume of business In the stock market today, dealings falling to nominal propor tions. The tone was firm to strooir. Call loans held at what hu nrur-ttn. It. become the fixed rate of 6 per cent and many large borrowings at that quotation running into next Tuesday were reported. Further slight relaxation of time money was observed, but this was almost wholly restricted to 30 -day maturities. nail, were far more active than usual. There was a steady demand for various railroad bonds at gains of 1 to 2 points. Otherwise the movement continued to con centrate in steels, affiliated equipments, oils and motors and their subsidiaries. With a sprinkling of ahlnnlnm lth and food specialties. Sugars were an ex ception, xaiiing back toward the close on f" ! cut in the raw product. Sales A sharp reaction In marks, whiph Mn. eeled part of the recent gain, was the noteworthy feature of the foreign exchange market. Aoonr international hinv. t "'nriai situation evoked much dis cussion. liberty bonds .nt . . JtfiJ!;; bui 'orBjsn war issues, notably United Kingdom and Dominion of Canada, strengthened. Total sales, par value, ili 250.000. Old United State, v! CLOSXKQ STOCK QUOTATIONS. Last Hlh. Low. Sale. 1 91 91 S9. 38 8tt 1301, 12o 135. 83?4 T3, 93 85 84 85 9714 96 "4 874 6114 60H 60T4 127 12014 126 89 87 89 9314 9314 9314 5714 54 34 57 98 97 97 0S14 5714 58 81 79 80 1C4 163 14 163 14 118 113 11414 32H 3154 3-' 90 90 60 2214 2214 2214 117 11614 117 66 65 66 134 13114 13114 5314 02 53 34 3214 32 82 80 82 36 35 36 32 3114 8114 9514 84 9414 138 133 133 5014 48 49 "4 11 ,HH 11)4 145 144 14 145 2S14 2714 27 7414. 73 7414 36 S5i4 33 84 84 84 53 62 53 1 8414 8414 8414 1814 - 18 18 7214 7114 71 16 16 16 28 2714 28 100 99 100 170 176 177 20T4 20 20 26V4 24 26 42 V4 42 42 H 25 24 25S 71 691, 71 30 29 J0 75 74 .- 38 38 38 4 4 4 10514 103 04 104 3914 39 3914 29 29 29 1714 1714 1714 85 83 85 91 90T4 90 115 114 11014 7514 75 73 33 S2"4 32 93 93 90 4 00 2' 102 101 102 C 66 6S4 48 47 48 42 41 42 69 e7 69 1474 1414 1474 117 116 117 60 6314 64 8614 8014 86 77 74 74 74 7714 9514 94 95 94 93 94 106 105 10 71 70 70 83 83 83 48 48 48 17 1714 17 Am Beet Sag. &0Q Am Can 500 Am Car & Fdy 1.600 Am H 4 L nfri niiA Am Int Corp.. 2,000 Am Loco . 10,500 Am 3m Rfr turn Am Sugar .... 400 Am Sum Tob. 2,100 Am Tel & Tel. 50O Am Tob Sec S ann Am Woolen. . 3, TOO Anaconda Cop 3.0OO Atchison .... 2,800 A G & W I S S 400 tsa-siwin Lroco. 55,000 Bait & Ohio .. 2.100 Beth Steel B. 5,000 xs & S CoDDr ion Canadian Pac 1,200 Cent Leather, 1.100 Chand Motors. 2,100 unes c Oftio. . 30O Chi M & St P 800 Chi & N" W ... 5O0 Chi ii I & Pan IS 200 Chino Copper. 50O Corn Prods . .. 6,600 Crucible Steel. 7,800 Cuba Cane Sug g.lOO Erie 500 Gen Electric. 300 Gen Motors . .. 13.500 Gt No pfd . ., 2.000 Gt No Ore ctfs 80O Illinois Central 400 Inspir Copper. 1,500 Int M M pfd.. T00 Inter N ickel . . 1,200 inter faper .. 3,100 K C Southern. 400 Kennecott Cop 1.200 Louis & Nash. 300 Mexican Petrol 12,500 Miami Copoer, Mid States Oil Midvale Steel. Missouri Pac, 9.100 1.800 2.70O 800 6.400 1.200 1,100 600 30,400 l.SOO N Y Central .. N T N H & H Northern Pac. Ohio Cits Gas. Ok P & Efs .. fan-Am et . . Pennsj'lvania. . Pitts & w V a. Ray Con Cop.. 300 500 Reading 11.500 Rep Ir St Steel 5,300 Royal Dutch.. 3.30O Shell T & T .. 3O0 Sin Oil & Rfe. 20.800 Southern Pac. 8.100 Southern By.. 5,100 S O of X J Did 1.800 Studebaker Co 14.700 Texas Co 8.100 Texas & Pac. . 7.000 Tobacco Prods 1.900 Transcont Oil. 1.200 Union Pacific. 2,100 5.000 1.6O0 U S Fd Prods. U S Ind Alco. IT S Retl Strs. 14.700 U s Rubber . . 4,400 U S Steel 31. two do pfd a.ooo TJtah Copper.. 1,200 Western Lnlon Westins Elect Willya-Overln oa 1,600 BONDS. TJ S Lib 3s...91.70!AnBlo-Fr Ss .... 84 do 1st 4s ,...6.oi a -r sr -v cv os.. .i 14 do 2d 4a 86.40 Atcn Ben 4s ... 7 do 1st 4s...87.30!D & R G con 4s. 6114 do 2d 4s...86.7!N Y c deb 6s.. 87 do 3d 4s. do 4th 4s. .91.00'N P 4s 7214 87.64 N P 3s 6114 Victory 3s . ..96.04 Pac T T 6s Pa eon 414s . S P cv Ss . .. . So Ry 5s .... ."77 ,.83 do 4s ... . . .96.04 .101 .101 I .104 .104 ,..77 , ..'77 TJ S 2s reg. . do coupon TJ S 4s reff. . do coupon Pan 3s reg . . do coupon . 97 . 80 U P 4s 77 TJ s Steel Ss .. 90 Bid. Mininr; Stocks mt Boston. BOSTON, May 28. Closing quotations Allouez . 31 It Mohawk 62 Ariz Com . . T 914 North Butte Old Dom . . . 18 Calu & Ariz. ., 6914 12 27 4 Centennial . . Cop Ran Be ... East Butta . Franklin . Isle Royalle . Lake Copper ;Sup A Boston 40 Shannon .... 1 12lTtah Con ... 214 Winona ?4 05 30 IWolvorine 17 4V4I Money Exehanre, Fte. ' MEW TORK. May 28. Mercantile paper nncnantred. Exchange heavy. Sterling; 60-day bins. $3.8514; commercial 60-day bills on banks. S3.S514; commercial 60-day bills. 93.80; da mand. S3. 90; cables, $3.90; francs, de mand, 13.42; cables, 13.40; Belgian francs, demand. 12.92; cables, 12.90; guilders, de mand, 36; cables, 3674; lire, demand, 17.07; cables, 17. Oo; marks, demand, 2.44 cables. 2.4a. New York exchange on Montreal. 11 per cent discount. FTench exchange strengthened In the late dealings. Francs, demand, 13.17 cables, 13.15; Belgian francs, demand, 12.55: cables. 12.53. Government bonds. Irregular; railroad bonds strong. Time loans strong, unchanged. Call money steady, unchanged. After the close the following quotations were made: High, 7; closing bid, 6; offered al 7; last loan. 7. Bar silver. $1.00. Mexican dollars, 7614c LONDON, May 2S. Bar silver, S7 d uer ounce. Money, 6 per cent. Dis count rates, short and three months bills. 6 per cent. BOMBAY, Bfay 28. The rate of discount of the Bank of Bombay was reduced from S to 7 per cent. Swift Co. Stocks. Closing prices of Swift A Co. stocks t Chicago were reported By (Jveroeck Cooke company of Portland as follows; Swift & Co Ill T.lhhv McNeil & Llbby 23 National Leather 11H Swift International 37 WOOL TRADING AT STANDSTILL Situation in Goods Market Is Still Very TTnsettled. BOSTON", May 28. The Commercial Bul letin tomorrow -will say of the wool mar- "Business during the past week has been virtually at a standstill, both In the east and west, and the few small sales which have been effected have almost invariably been at the expense of prices. Quotations are very difficult to make wltn any cer tainty. The situation in the roods market still very unsettled, although cancel la t Inn. are not reported in so heavy vol. ume. The transportation situation la still very bad. but It Is hoped tnat conditio: win ier1n to improve presently." Scoured basis: Texas fine, 12 montlis. XI 60(91.65: fine. 8 months, Sl.45Wl.oO. California: Northern, tl.65; middle coun- tr si 5501.6O: soutnern. SI. suit 1.00. rwmn: Eastern No. 1 staple. SL909 1.95: eastern clothing, fl-60; .valley No. 1 II BO Territory: Fine staple, $1.9092; half. hloori combinr. 1.65; -blood combln $1.20L25; fine clothing. $1.6001.65; fins medium clothing, n wi no. Pulled: Delaine. $1.9502; A A. $1.70; si 4sei. 50. Mohslrs: Best combing. '60065c; best carding, 65g6"c CANCELLATIONS ARE Olf INCREASE MoTcamcnt Toward Readjustment Gains In Vol tune. NEW TORK, May 28 Dan'm Review tomorrow will say The liquidating process that began soma time &o in certain orascuaa ex Business, but which has only lately occasioned gen eral comment, has continued and is widen ing in its influence. If not yet every where apparent, the movement toward re adjustment is plainly discernible in vari ous quarters, as In textiles- and hides and leather and - footwear, and is manifested both in current price tendencies and In the conditions affecting future operations. wiia an unusually backward season and congestion in transoortatton that has seriously disorganized commerce, some shrinkage of transactions was to be ex pected, but these restricted elements do not fully explain the prevailing disposi tion of some dealers .to confine commit ments within the closest oossible limits. nd the increasing cancellationm and re visions of orders. Weekly bank clearfnn wr xt rrn at 24L Cotton Market. NEW -TORK. May 28. Cotton Sua. quiet. Middling, 40c. Dulath Unseed Market. DTJLPTH. May 23. Unseed. $4.11. SELLING BREAKS CORN UXXOALUXG OX KEPORX OF STRIKE SETTLEMENT, Later Denials Fall to Check Down ward Movement and Prices Are Weak and Xervous at Close. CHICAGO. May 28. Acuta weakness suddenly manifested Itself in the corn mar market today, simultaneously with false reports that the switchmen's strlka had been settled. Although denials of any set tlement were soon forthcoming, prices fell 6o and closed nervous, 4c to &o net lower, with July at S1.63 to Cl.63 and September at $1.51 to $1.51. Oats lost c to 31.C and provisions 12c to ettc. Even before the big collapse of values in the corn market, fluctuations &d been unusually wide and frequent. Bears had an advantage at the opening, as the supply of cars west showed an increase and It was said country loadings were larger. The fact, however, that exporters were bidding 7c a busnel higher than yesterday for wheat led quickly to a sharp advance in corn. Then came an overpowering wave of selling on the part of both longs and shorts, but with no apparent definite basis except the strike settlement rumors. Oats were swayed by the same factors that governed corn. Provisions descended with, grain. The Chicago market letter received yes terday by Overbade & Cooke Co. of Port land said : Corn For the first hour the feeling of Indecision was predominant and the mar ket fluctuated in an -erratic manner, lack ing a definite trend. Later, the market gave way under the conglomerate mass of bearish newa, most of It pointing in one direction, a weakened cash situation. Spot prices were sharply lower In all markets, ranging from 2 cents to 8 cents, and the demand poor. At some outside points leading industries withdrew orders. There were advices of heavy loadings received to allow for 75 per cent exaggeration and still leave assurance of enough corn coming his way to stem the tide of advancing prices. Rumors of a settlement of the railroad labor difficulties were heard, but failed of confirmation. It begins to look ike the situation is rapidly working around to a semblance of normal distribu tion, which means that commercial corn should sell near a feeding basis. Whether the so-called switchmen's strike is settled, we think there will be very fair accumu lation here next week, at least enough to assuage bullish sentiment and give short sellers on bulges the advantage. Oats Futures were compelled to absorb liquidations throughout the day and al though, the decline by no means was radical, the undertone of the market was weak. The spot market was also weak and sold 2 to A cents lower. Holders of futures appear over-confident of their po- ltlon, basing their hopes on the strength of the immediate cash position, which will not be a factor In July and beutemoer. Leading futures ranged as follows; CORN. Open- High. Low. Close. $1.89 1.63 1.01 1.03 .87 .75 34.15 35.00 21.15 21.95 18.30 19.05 May S1.93 S1.9414 $1.8814 July L67 1.71 1.62 Sept.... 1.4 V4 1.37 L014 OATS. May.... 1.04 1.0414 1.02 July.... .89 .90 .87 Sept 7514 .76 .74 3. MESS PORK. July 34.77 84.85 34.10 Sept.... 3o.63 30.67 35.00 LARD. July 21.27 21.10 Sept 22.10 22.12 21.72 SHORT RIBS. July.... 18.47 18.50 18.30 Sept 19.20 111.20 18.97 (jasn prices were: Wheat. No. 4 northern spring. 12.80 No. 2 mixed, $2.88. Corn No. 2 mixed. $L92S1.95: No. 1 yellaw. $1.92L95. Oats No. 2 white, $1.0501.08; No. 1 white. $1.031.07. Kye No. 2, $2.16. Barley $1.5001.62. Timothy seed. $1012. Clover seed $25035. Pork Nominal. Lard $20.50. Ribs $17018.25. Grain at San Francisco. SAN FRANCISCO. May 28. Oralm Wheat. $3.b6 2-3 per cental; oats, red, $3.403.50; barley, feed, $3.303.40; corn, ua-liiornla yellow, JS.ttS42i3.75; rye, 3-25. Hay Fancy wheat hay, light, five-wire bales, ' $38(41 per ton; No. 1 wheat or wheat and. oat hay. $363S: No. 2. $320 35: choice tame oat hay. $3740; other hay, $3337; alfalfa hay, $3032: stock hay. $294?32; Oregon wheat and oat mixed $29442; .no. 1 barley straw, 70c$l per baie. ' Seattle Feed and Bay. SEATTLE, Wash., May 28. City deliv ery: Feed, mill, $52 per ton; scratch feed. $89; feed wheat, $99; all grain chop, $80; oats, $78; sprouting oats. $81; rolled oats. Rf; oariey, fis; ciippea oariey, Hay Eastern Washington timothy, mixed, $47 per ton; double compressed. $01; aiiaiia, so; straw, sis. Minneapolis Grain Market. MINNEAPOLIS. May 28. Barley. 3US5 iiax, is o. 1, t4.uoi0i4.ll. PATROL DECISION IS DUE STATE FORESTRY BOARD TO MEET HERE TODAY. Financing: of Project in Case Ap propriation by Congress Falls, - Is Considered. SALEM.. Or.. May 28. (Special.). Whether the forestry department of Oregon will be able to finance the airplane patrol of the timbered dis tricts of this state during the sum mer of 1920 in case the United States government fails to approve the appropriation bill now pending before congress, probably will be de termined at a meeting of the state forestry board to be held In Portland tomorrow, according to F. A. Elliott, state forester, with headquarters in Sa-lem. Early In the winter the government officials announced that only one squadron of planes would' be assigned to the Pacific coast this year and that this patrol would be confined to the state of California. Later com munication with the Washington of ficials caused them to reconsider the action, and it finally was decided that planes would be sent to Oregon for patrol work in the event the state would furnish observers, guards to care for the craft when not in opera tion, provide landing fields and de fray the costs of telephone and tele graph service. This was agreeable to the forestry department of Oregon and a contract probably will be signed on this basis. Sheep Shearing Under 'Way... PRXNifl VlTiTiK, Or, May 28. (Spe cial) One of the chief occupations at present in Crook county is sheep shearing. The grade of wool this year is extra high. Prices of 50 and 60 cents a pound have been turned down by owners of large bands. CATTLE IHIHRKET IS WEAK PRICES BARELY MAINTAINED AT IOCAIi TARDS. Sheep and Hogs Steady at Former Quotations Receipts for Say Liberal. Receipts at the yards yesterday were 27 cars, a part of which went through. The market was fairly active and without change In price. A weak undertone con tinued in the cattle division, while sheep, lambs and hogs were steady in price. Receipts were 272 cattle, S calves. 832 hogs and 1112 sheep. The day's sales were aa follows: Wt Price. Wt Price. 45 steers. . S52 $7.50 25 lambs. 71 $13.60 60 10.00 7 steers.. 890 1 steer... 960 1 steer.. .1310 4 steers.. 875 1 steer.. 830 2 steers.. 1016 2 steers. . 865 1 steer... 890 1 steer... 690 3 cows.. 450 11.00)69 lambs;.. 11.0OI 2 lambs... ll.OOilO lambs... 11.00110 lambs... 11.00121 lambs... ll.OOj 1 lamb.... 11.001 4 lambs... 11.0016 lambs... 11.001 1 lamb.... 7.0OI 9 lambs... 8.25 7 lambs... 8.251 6 lambs... 1O.25IS0 lambs... 10.25124 ewes... . 9.001 1 ewe. 10.25 1 ewe 9.00I 2 ewes.... 5.50 1 ewe. 5.0O 1 ewe 7.00I102 ewes... 13.001103 ewes.. . 7.00! 3 wethers. 8.00 66 wethers. 7.50I s wethers. 7.00 78 wethers. 8.00 2 wethers. 10.001 9 wethers. 14.60 28 wethers. 14.5 2 wethers. 12.50 4 wethers. 14.50 121 yearl... 14.501124 yearl... 14.50 2 bucks... 12.50 g bucks... 12.50 10 bucks... 13.00 1 buck 12.70 1 buck.... 14.501 2 cows... . 80 67 49 79 40 67 72 60 60 85 83 82 4S 120 170 175 130 140 100 104 163 105 153 102 175 153 102 175 13.50 11.50 7.50 13.50 "7.60 7.50 13.50 1050 10.50 13.50 13.50 13.50 7.60 6.00 6.00 6.00 9.00 8.00 8.50 8.50 7.00 8.00 7.00 8.00 7.00 7.00 8.00 7.00 8.00 0.5O 9.50 6.00 6.00 6.00 10.00 5.O0 8.50 .8.65 9. 65 11.50 13.50 10.00 13.50 13.50 13.50 13.50 13.50 13.50 6.00 8.00 x cows. . , 6.'5 825 6 cow... 1 cow... 1 cow. . . 2 cows., 6 cows.. 1 cow .1010 . 820 . 730 . 954 . 980 1 cow. .. S50 . . 630 1 cow. 4 cows... 947 6 calvea. 1KR lbulL... 920 1 bull.... 1490 1 bull. ...1260 1 stag.. .-1250 4 mixed.. 657 1 hog. 4S0 5 hogs... 216 7 hogs 202 2hogs. .. 265 14 hoga. .. 227 13 hogs. .. 263 7 hogs... 211 1 hog. ... 340 1 hog. ... 240 2 hogs. . . 265 2 hogs... 145 2 hogs. . . 160 4 hogs... 197 4 hogs... 217 13 hogs... 203 7 hogs... 228 1 hog. ... 190 8 hogs... 10 2 hogs... SIO 16 bogs... 117 11 bogs... 225 1 hog. ... 490 2 hogs. . . 195 4 hogs... 227 1 bog 530 11 lambs. . 62 8 lambs. . 70 63 lambs. . 51 21 lambs. . 71 24 lambs. . 62 63 lambs. . 63 60 lambs.. 76 10 lambs.. 56 43 lambs. . 76 122 107 . 107 180 111 96 ISO 160 735 946 1230 . 335 11. uu us cowl,,, 14.50 1 ag 13.75 2 b,' 14.50116 hogs 14.50149 lambs.. . ll.OOl 2 lambs... 14. 0012S lambs. . . 13.50! 18 lambs... 13.50171 lambs... 11.25 30 lambs... 14.50112 lambs... 14.50)12 ewes.... 10.001 5 ewes.... 8.251 2 ewes.... 9.001 s ewes.... 10.OO1 3 ewes... . 9.0O1 7 ewes.... 9.001 1 ewe; . a.ool lewe..... 13.501 8 ewes.... ll.OOl Sewea.... 185 61 75 83 67 65 78 68 145 106 170 113 113 97 140 150 140 110 8.00 4..M1 8.00 3.00 7.50 10.00 6.00 8.00 ll.OUl Livestock prices at the Portland stock, yards were as follown: Sfst grade pulp-fed steers. . .$12.25 13.00 Choice steers 11. 00 a 11.50 Oood 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 11.00 11.50 10.0C811.00 9. 00 (S10. 00 8. 009 9.O0 10.25 91 1.00 8.00 9.00 7.008 8.00 B.OO0 6.00 Bulls 6.00 9.(M 12. 00 15.00 8OO11.00 6. 0O id) 8.50 7.500 8.50 Prime light calves. Medium light calves.......... Heavy calves Stockers and feeders nogs ........ u.,acu ................ ia 14.50014.75 Medium mixed 14.0014 50 Smooth heavy 11.00412 75 Rough heavv 1 it . . , .... p'gs '. 1LO0iS13!00 Ijambs 13.OO13.50 Cull lambs B.00t 1 1 00 Yearlings .... .. .. c an am ,wi Wethers I.OOVd 9.00 s-wes 3.0OfS8.5O Chicago livestock Market. CHICAGO. May 28. Cattle RecoliXn. 5000 ; beef steers, mostly 25c higher. Top jrarnuKH, prime neavy, siH.40 bid: bulk. $1212.90: calves strong, with bulk vealers at $13.50 and choice at $14; other classes or cattle generally steady; good aeiiers, iiwii.ia Hogs Receipts. 24.000: mostly 10c to 15c nigner; meaium and neavjr advancing most; top $15.15; bulk light and light butchers IISQ? 15.15; bulk 250 pounds and over, si4.oowi4.85: pigs steady to 2 lower, with bulk desirable at $12-12.50. aneep Receipts, 5000: best lambs steady to 25c higher; others weak; sheep 25c to 50c lower; prime heavy shorn lambs. $17.40; top spring lambs, $17.75; choice fat ewes, $iu.To. Kansas City Livestock Market. KANSAS CTTY. Mo.. May 28. Cattl Receipts, 17,000; killing cattle and calvea generally steady; some steers a shade higher; bulk of receipts Texas steers ar riving late. sheep Receipts. 000: steady to weak Texas wethers, $10; ewes, $9.50; spring lambs steady; odd bunches natives, $16.25; lull decks. lo. Omaha Livestock Market. OMAHA, Neb., May 28. Hogs Recelpt-y 13.000; open steady to strong; closing 10';9 15c lower:" bulk, JJ3.U0 14.15; top. $14.40. Cattle Receipts, 2500; beef steers steady to 2jc higher; yearlings, $13: heavy steers, $12.15: bulk of steers. $10. 50 to 12.25: heir ers steady; cows 1025c lower; bulk, $8.75 010.50: other classes steady. Sheep Receipts, 1O00; nominally steady best Included native spring lambs aver aging 55 pounds, $16.25. Seattle Livestock Market. SEATTLE. Wash.. May 28. Hogs Re. celpta, 86: market steady; prime, $14.5$ CB1.M medium to choice. $13.50914.50 rough heavies, $12.5013; pigs, U1.50& 12.50. Cattle Receipts, 86; market steady beef steers, $12j13; medium to choice, $1012; common to good. $7.5010; cows and heifers. $10.2510.75; common to good, $7010; bulls, $7.50S.50; calves. $7.50916. ROSEBURG GRADUATES 47 Hundreds of Friends Attend Com mencement Exercises. ROSBBTJRG, Or., May 28. (Special.) With hundreds of friends and rela tives present to witness the com' mencement exercises, the 1920 class of the Roseburg high school was grad uated last night. There were 4 members of the class, among them the twin sons, Harold and Barry, of Peter Ballf. The valedictory was given by Miss Bertha Fentney. Girls predom inated in the class and all of them wore white. Scholarships were won by Claire Geddes. Willamette university.; Dor otby Boyd, Whitman college, and Bertha Pentney, the general scholar shiD. with a choice of colleges; B. F. Irvine of Portland delivered the ad dress and the diplomas were awarded by A. J. Geddes of the local school board. COLVIM B. BROWN SPEAKS Centralia Chamber Addressed by Chief of Katlonal Bureau. CENTRALIA. Wash.. May 28. (Special.) Colvin B. Brown, chief of the organization service bureau of th United States Chamber of Commerce, was the honor guest yesterday noon at a luncheon held by the lpcal cham ber of commerce. In an address Mr. Brown said that the problems of the nation today are also community problems. Including production, and that when these ques tions have been settled by the indi vidual communities, the national questions have been solved. "This is one of the reasons why w need well-organised and well-con ducted chambers of commerce,' said the speaker. WOMEN PLAY MINSTRELS Plaodits Won In. Benefit Show Biased at Hood River. HOOD -RIVER, Or., May 28. (Spe elaL) women of Hood River wo plaudits last night when they present ed iuja.ici. uuou tlon of Mrs. Lester 1. Murphy. Pro ceeds of the entertainment will be used In constructing- community bouse for the use of the American Legion and allied patriotic organi zations. Those who participated "were: Mrs. J. E. Beckley, Mrs. C. H. Henney, Mrs, George R. Wilbur. Mrs. A. S. Keir, Mrs. Lster 1. Murphy. Mrs. Wayne Poland, Mrs. Edgar Franz, Mrs. H. G. Cooper, Mrs. A. C Lofts, Mrs. R. D. Gould, Mrs. R. N". Tdunc Mrs. V. R. Abraham, Mrs. C. H. Jenkins, Mrs A. H. Berry, Mrs. C N. Clarke, Mrs. E. O. Blanchar, Mrs. William Met -calf, Mrs. J. W. In galls. Mrs. M. E. McCarty. Mrs. Harold Hershner, Misses Alberta Carson, Helen Hershner, Marybeth Blagg, Marie Bartmess, Ellen McCurdy, Annamae Chipping and Gladys Reavis. CARNIVAL AWARDS MADE PARADE AX1 PAGEANT FEA TURED AT ROSEBCRG. Merchants Make Special Display of Oregon Products In Competi tion for Prizes. ROSEBTJRG. Or.. May 28. (Special.) Today was crowded full of straw berry carnival events, including tne school children's parade this morning- and the automobile pageant this aft ernoon. X number of merchants have made special displays of Oregon prod-nets In competition for the prizes offered by the associated industries of Ore gon. The first prize of $50 went to the Bellows store, knit goods. The second prize of $15 went to Pickens Bros., canned fruits, vegetables and crackers. Third was awarded to Pars- low & Bell- Rose school won first prize for the finest demostration in the school pa rade, with Benson second. la the automobile pageant the first prize of 160 went to Mrs. A. A. Wilder; sec ond, $100, to Mrs. O. D. McAllister and Mrs. Roland. Agee. and third of $50 to Miss Gertrude Rast. Berry prizes were awarded as follows: Best half crate, Mrs. W, Steiner of Cleveland, 10; Mrs. X. R. Bryant, Roseburg, second, $6: Mrs. Anna Berks third. $3 Best single box of berries. Weldon Bradford first, C K. Trueblood sec ond, Gaylord Bradford third. Best single berry. J. W. Parker, Roseburg; most artistic shortcake. Mrs. W. S. McElhlnny, Roeeburg; best shortcake Mrs. JJ. R. Bryant, Rose burg. $6. HANDLEY TO GO TO SALEM New Corporation Commissioner to Chsck Out Mr. Schntderman. SALEM. Or, May 28. (Special.) T. B. Handley of Tillamook, appointed yesterday by Governor Olcott to suc ceed H. J. Schulderman as corporation commissioner, will arrive here Mon day, according to a long-distance tel ephone message received at the ex ecutive offices today. Mr. Handley will remain here for two or three days checking ott Mr. Schulderman and will later return to his home at Tilla mook to make arrangements to move to this city. Mr. Handley has not yet appointed any of his assistants. Mark McAllister, who has been chief deputy in the corporation de partment under Mr. Schulderman, probably will retire from the office to engage in conducting a ranch which he owns in this county. 0 NE ' K I LLE DDU R I N G WEEK Of 500 Accidents, 471 Are Subject to Compensation Act. SALEM. Or., May 28. (Special.) There was but one fatality in Oregon due to industrial accidents during the week ended Alay 27. according to a report prepared by the state indus trial accident commission today. The victim was John B. Marshall, night watchman. Lents. Of the 600 accidents reported 471 were subject to the provisions of the compensation act. 14 were from firms and corporations that have rejected the provisions of the law, and 15 were from public utility corporations not subject to benefits under the com' pensation act. Weather Excellent for Paving. EUGENE. Or.. May 28. (Snecial. ine pavement on tne Pacific highway between Junction City and Eugene will be completed by a week from Saturday night if the present rate of progress is maintained, said Hollis w. iiDby. assistant state highway engineer In charge of construction work in tnis part of the valley, yes terday. During the past month the weather has been excellent for na.v. ing work and rapid progress has been maae. DAILY METEOROLOGICAL BEPOBT. rUHTLAND. Of. V.. VT un-t . icmcrauip;, o aegrees: minimum tern perature, 47 degrees. River readme. S a. . . .ii a ibbl c n i, n r a in maf 'A hn.w 0.2-foot falL Total rainfall 5 P. M to o tr. st. i. .oe inch: total minf.Ti Bcidwimer a, ii, au.zij inches; normal oo oepcemoer a, ei.yg Inches: deficiency of rainfall since September 1. 11. 10.70 Inches. SunrinA. Az?R a h sunset, 7:G0 P. M. : total sunshine, 9 hours ' ii.iuoiei possiDie sunsnine, lo hours 24 minutes. Moonrise. 4:10 A. M.; moon set, 2:16 P. M. Barometer reduced sea level). 5 P. M., 30.12 lnchea Relative humidity: S A. St., 74 per cent; noon. 42 ..Ch, V . . m., per CCD). THE WEATHER. 5 Wind : e nr-o O 9 C S O ?o o ; ' v p I ' BTATlOJrS. Baker Boise Boston ..... Cal sary . . . . Chicago .... Denver Des Moines. . Eureka ..... Galveston ... Helena ..... t Juneau Kansas City. Los Anicelea Marshfleld Medford oSiO.OOjlOINWIclear 70 O.OO,. . nw Cioudr SOO.OOls'sw Clear MIU.UOIlBi.VW Pt cloudy SO O.Ool. , NE 70tO.OO. . SB ."6:O.OOI18!N 84 0.00;ii4 M ft. clouds v-iesr Cloudy Clear Cloudy AA'O.nnL . WW Wloudy S4.0.001..I p-iouay 86 0.06I14INE 8SIO.0OI. .IW uiouay Clear Clear 64 0.0flO,NWl 70I0.0O12INW Ft. cloudy Minneapolis . New Orleansl 76 O.00I. .jSE 80,0. OOt. . (SW 76 0.00il2!S 52 0.0811S 3 uiear (Cloudy New York . North Head Phoenix . . . Pocatello .. Portland .. Roseburir .. Sacrament Bt. Louis .. Salt Lake . San Diego . -iear Pt. cloudy 102 0.00 . . 3 iiear Cloudy 76 0.00 . . 3 6oi0.04 12'W Pt. cloudy eS.0.0012 NW 1. 1 esr Clear 86,0.00112 S 74 O.OOl. . NE ft. cloudy S2rO.0O. ,XW jiouay 7.1 U.UUI. .!BW 6S'0.O20lW 58 0.02,20!S 54 0.00 . . ISW t-iear Clear .Clear Clear S. PYancisco. Seattle .. Sitka ... Spokane . Tacoma . . 401 82 0.00'14rW 46 58 O.20U2 SW 42 50 0.22 24 S sal... o.ooL. sw 41 60.OOi..W Ml 82 O.OOl. .IS 44 76 0.0OI18-SE Pt. elondy Pt. cloudy Pt- cloudy Tatoosh Isle. tValdaz Clear Walla Walla Clear CieaT Washington Winnipeg .. Yakima . . . Cloudy 32 TOiO.OOl. ,NW r-t- cionery tA. M. today. Ins day. P. M. report of preced- FORECASTS. Portland and vicinity Probably show ers; southwesterly wlnda Oregon Fair, except probably showers In the southwest portion; moderate sooth westerly winds. - iwrat poruon: tair in tne east portion - I moderate southwesterly winds. 1 ' 1 Read Tsmj OretTonian classified adav TAX EXEMPT BONDS Affording Splendid Investment Opportunity of Kelso, Washington Water Revenue To Yield 6 Dated April 1. lttSO. Doe April a. 13S Denomination S100O. Price par to yield City THESE bonds were Issued to enable the City of Kelso to take ever and operate the water supply. A private system, in excellent condition and on a paying basis, becomes municipally owned, as is the case in larger cities. Kelso has a population of 3000. Three through it from Puget Sound to the south. Its Industries, chiefly lumber, are important. It is in Cowlitz county, in the center of a fine agricultural community. . Principal and Semi-Annual Interest Payable at Kelso or Quarters of Morris Brothers, Ino. Telephone or Telegraph Orders at Our Ei pi use Morris Brothers uss Casttm. ePr9miercflfunjctpaBond'Jouse QniMiujois . OoiLAJIf Harris Bldx. An Unusual Opportunity WANTED A live firm of brok ers, preferably made up of two or three energetic young men, to take on a well-established Pacific coast line for distribution in Portland and vicinity. A real opportunity for the right firm. See Bronson Smith at the Multnomah hotel Sun day. 6 First Mortgage Bonds The Bonds That Afford the Greatest Degree of Security. Secured by First Mortgage on Fertile and Prosperous Farms In Oregon and Washington. Income Net, Normal Federal I it com e Taor PateL Denominations, S500.00, $1000.00. 2000.00. 15000.00. Maturities, Three to Ten Tears. You Inquiries for further Information will receive omr nresapt attention. Commerce Mortgage Securities Company Phone Main 3007. Floor Chamber of Commerce Bid a L STUDENTS GIVES' CHAN43E FOR SUMMER TRAINING. Special Arrangement Made Because of Many Inquiries Made by State Department. SALEM, Or, May t. (Special) Arrangements were completed here today by J. A Churchill, state super intendent of schools, whereby the Oregon State Normal school at Mon- mouui will cDnauui a a. course during tne summer tor um benefit of students who are gradu ates of a standard four-year nign school, and who wish to take the ex amination for a teachers' certificate but have not finished an elementary teachers' training course, nor a course at the normal school. These, students, under Mr. Church ill's agreement with the State Normal school, may ta ko tne bib examina tion tn June. If successful, they may then attend at the normal school dur ing the summer, beginning June 21. Such students may then receive a cer tificate, entitling them to teach In the elementary grades of the public schools of Oregon. Many inquiries are reaching the state department of education from students who expect to graduate from a four-year high school in June, but who have not had an elementary teachers' training course and desire to participate in the June examina tions. It was because of this that Mr. Churchill arranged with Presi dent Ackerman for a special 12 weeks course for these students at the nor mal school. Aberdeen High Closed. ABERDEEN, "Wash, May 28. (Spe cial) The Aberdeen high school has again been closed on advice of City Physician JCinne. The closing period is ten, days and is on account of addi tional cases of smallpox among stu dents. Sixteen cases altogether have Swift & Company Onion Stock Ysrds. Chicago Dividend No. 13S Dividend ef TWO DOLLARS ($2.00) per share oa the capital stock of Swift Company, will be , t..i. i ioon .mkholders of record. June 10. 1920, as shown on the books of the Gomnr' C. A. rEACOCK. Secretary TRAVELERS' GCTDB. Astoria Route S. S. "ASTORIAN" 1:30 P. M. DAILY (Except Thurs.) FARE 1.6S, Including tax. Taylor St. Deck. Phones Main 806S. 611-48. AUSTRALIA NEW ZKATuArTD AND SOUTH PF.AS via Tahiti and Karatonasw Mall and psa. seaffer service trom bas Francises ere7 28 day. UNION B. S. CO. OF NEW ZEALAND, C30 California St.. San Franeiseo. er local st earns bin aad railroad ll S- it U kill n AssMaensi NORTHWEST MUNICIPALS big transcontinental rail lines pass OxsQuwrrts I S09-11 Stark St.. Bet. Flfta aad Sixth Telephone Broadway Zl&l 1 Thlra Street. been reported to the city health of fice, all of a light type. TRAVELERS' G CHIDE. ASTORIA AND WAY POINTS Str. GEORGIANA Round Trip Dally (Except Frfdaj) LEAVES PORTLAND 7:10 A.M. Alder-Street Dock. LEAYES ASTORIA 2 P. M. FLAVKL DOCK. FARB 91.65 EACH WAT. Special m la Carte Dining1 Service. Direct Connection for South Beaches NIGHT BOAT DAILY, 8 P. M. u-klna Main- Transportation 142U, 641-22 Co. Let ns help you plan the best itiner ary for your trip, either in this coun try or abroad. You secure the bene fit of experienced information and get the services of a world-wide or ganization. Tickets and tours. Dorsey B. Smith, Dist- Pass. Agt. AMERICAN EXPRESS TRAVEL DEPARTMENT, Sixth and Oak Streets Portland, Oregon Columbia Pacific Shipping Company ""SOKTH CHXKS. IJJVK.- Dlrt.t servtoe without transshipment PORTLAND to Kobe. Yokohama. Sbana hai. Islnstau. Taau Bar and Dalren. S. S. The Anretes" Barry Jnly Lsadlnr 8. 8. "West Keats' Lata July lxdinv: 8. to. -Wee Jilvaria Early Ail. '-n-in- The above-named vessels are now toeing Booked, for further information revaraia space, rates, eua apply Traffic Department Board of Trade Building Portlanil. Orecea. SanFrancisco S. S. ROSE CITY DEPARTS lO A. M. Sunday, June 6 FROM ATKSWORTH DOCK. Fare tnelodee Berth aad Meals. CITY TICKKT OFFICE. 3D AND WASH. FHONE MAIN SSS0. FKKTCHT OFFICE. AINSWORTH DOCK. PHalONE B11H Y, ZS8. THE SAN FBANC1SCO PORTLAND 8. 8. COMPANY. PIHN AeoCO-KAHlA RIO DC JANEIRCXSANTOA. MOWTCV10EO BUEM06 AYREA. LAMPORT HOLT LINE Wrwnrnt mMnn from New Tor br Trm tm! fmst 07,000 ton displacement) pajtseD.rer steam Apply LoaktMny'mmcm,42ktroiimmwM.X. Or Domy B. Portland, Or. Xlfl Third SU. 1 1 urn- I wLM . 1 stasmiHnl