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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (June 5, 1920)
THE ' MORNING OREGONIAN, SATURDAY, JUNE 5, 1920 19. SMALL PORTION OF CONDON CLIP SOLD Only 40,000 Pounds Moved at First Sealed Bid Sale. PRICES SHOW DECLINE Buyer Pays 50 i to 54 14 Cents for Fine Staple Remainder to Be Offered Later. The opening- realcd bid wool Kale of the itason, held at Condon, was disap polntine to irrowera. Buyers were pres ent, but some of them apparently were without orders. The small quantity sold went at prices which dealers declare rep resent full values at the present time, hut the bids were plainly much lower than the growers hoped for. Figuring on the- prices offered to sheep men a month or six weeks ago the Condon prices Indi cate a decline of 6 to 8 cents. There were about half a million pounds fn the warehouse and a quarter of a million pounds were shown in the fore noon and offered to the bidders. Of this quantity, only 40.000 pounds, made up of emaJl lots, were sold. The prices ac cepted ranffod from 504 to 54 cents for choice fine staple lots. The wool was bought by George Sharp, of The Dalies, who represents Boston firms. CONDON, Or., June 4. (Special.) At the wool sale herj, two carloads of the quantity offered were bought by G. I". Enarp, at 62 to 54 '4 cents for extra fine wool. There will be a second sale, at which l.OOO.Ooo pounds will be offered. The date of the sale will be set when all the wool from tho south arrives. bMILL DEMAND IS GRAIN MARKET. Wheat Steady at Former Prices Little Chance in Coane Grains. The grain market was quiet with but little inquiry for wheat or the coarse cereals. July corn bids were raised 1 and June oats 50 cents at the Merchants' L'lchanse. Other bids were the same as Tnursday. San Francisco Receipts for May: From Washington via rail, ltfOO qrs. flour; via water, 101.803 qrs. flour; 730 sacks middlings, sacks feed. From Ore gon, via rail, 10.600 qrs. flour; via water, 22,394 qrs. flour, 00 sucks bran, (305 sacks middlings, 36ST sacks feed. Weather conditions in the middle west. a viewed from Chicago: "Grain belt clear to partly cloudy; there was a light rain around St. Joseph, also raining at Lexington and Louisville. Spring wheat belt, clear and fine. Canadian wheat belt, clear and warm. Forecast Grain belt, partly cloudy to unsettled; un changed elsewhere." Broomhall cabled that the Argentine export tax was fixed at J40 per ton on wbeat and $50 per ton on flour; In force until November 30 of this year. This new tax will greatly Interfere with exports. It la believed in some quarters that the senate will modify some of the clauses f the decree. The tax on wheat will be about 49 cents per bushel and flour about fl.S9 per barrel of 206 pounds. Terminal receipts. In cars, were re ported by the Merchants' Exchange as follows: Portlanrt Wh. Bar. FI. Oats Hav . IS 3 2 . 12 22 3 1 . RS1H 1S! .".f)23 rr3 2227 .7492 1102 27bl 766 31S6 Friday Year ago . . , . 6enson to date.. Year ago Tacoma Thursday Year ago . . . . Season to date.. Tenr a?o Seattle Thursday , Year ago Season to date. Year ago ... B 6 .7145 .5437 . 33 " 6322 1 'fV 3225 46 1 1 8 21S 1179 101 1396 17S !41 19 1229 047 1232 599 2557 BAD &LCMP IS J 'GUI-TRY MARKET v - Shippers Advised to Hold Back Springs Until fihriners' Week. There was a bad break, in the poultry market yesterday. Receipts have been in creasing of late and prices went down with a slump. The top on heavy hens was 28 cents and light hens sold as low as 23 cents. Broilers were very weak. Poultry handlers advise shippers not to send In small 1 -pound springs at this time. There is very little demand for them now whereas In the latter part of the month during the conventions they will be wanted at good prices. The extra weight they will take on in the meantime will also be to the shippers' advantage. Oressed meat arrivals were small and prices were unrhangred. BCTTER Talk of a PRICES MAT BE CUT Decline First of Coming Week; Cheese Is Lower. Various opinions were expressed yes terday as to the tone of the butter market. There were intimations that some of the creameries would lower their print prices a cent or two the first of the week. Cubes moved at the old prices. Tillamook cheese quotations were low ered 4 cents, the first change that has been made in this article for a number of months. Eggs were quiet with limited receipts. The buying price will be reduced today $6 cents for No. 1 eggs. Berry Supply Light. The supply of strawberries was light again, and prices were firm. Clark Seed lings sold at $6.50'7 and locals at $6(8 0 50. A car of cantaloupes was received and they met with ready sale at $79. accord ing to quality for pony crates. Old potatoes were strong with a num ber of sales at $9 a sack reported. Bank Clearings. Bank clearings of .the Northwestern ernes yesi.cra.ay were as follows Clearings. Balances. roruina itt.H.tl.489 Seattle 6.S1 4.11S Tacoma 772,563 gipokane 2.187.650 $1,453,669 1,607.076 B1.158 775,243 PORTLAND MARKET QUOTATIONS Grain. Floor. Feed. Etc Noon session. Merchants' Exchanre. -Bid- Oats No. 3 white feed Barley No. 3 blue Standard feed ......... Corn June. T. I w .$69.50 $70.00 66.00 65.00 74.00 64.00 67.00 66.00 .'. 3 yellow 75.00 Will run 63.50 . Eastern grain, bulk: Corn Xo. 8 yellow T4.00 WH BAT Club, $2.8.1; turkey red bluestem. $3 per bushel. 72. SO $3; FLOUR family patents, $13.75; bakers' hard wbeat, $13.75; best bakers' patents, $13.73; pastry flour, $11.80; graham. $11.60; whole wheat. $11.85. Ml LLp el ED Prices, f. o. b. mill: run, $54g55 per ton: rolled barley, 74: rolled oats, $748 75; scratch $90991. Mill $73 feed, $840 CORN Whole. $8283; cracked. So per ton. HAT Buying price, f. Airalia. $35; cheat, $25; $35036. e.. b. Portland: valley timothy. Dairy and Country I'roduve. BUTTETl Cubes, extras, 49c per pound; prinLK. parchment wrappers, box Iota. V-lc per pound; cartons, 50c; half boxes. 'c more; less than half boxes, lo more; but terfat. No. 1, 51 cco per pound at sta tions; Portland delivery, 63c. KGU3 Buying price, currsnt rscelpU, 38c. Jobbing prices to retailers: Candled, 41c: select, 43c. CHEESE Tillamook, f. o. b. Tillamookt Triplets, 28c; Young: America, 29c; lonsr horns, 20c. . Coos and Curry, f. o. b. Myrtle Point; Triplets, 31c; Young Amer ica, 32 Vzc per pound. POULTRY Hens. 2328c; broilers, 28 85c; ducks, 4050c; geese, nominal; tur keys, nominal. VEAL Fancy, 1!c per pound. PORK Fancy, 20c per pound. Fruits and Vegetables. FRUITS Oranges, $5.0007.75; $5.35i&6.50 Der box: grapefruit. lemons. $4.5069 per oox: bananas. lOttllltc per po-jna: apples, $35' 3.75 per box; strawberries. Cal ifornia. S4.504M.7o per crate: Oregon, S6 7 per crate; cantaloupes, $79 per crate; cherries. 1620c per pound: gooseberries, S4(12c pound; peaches, $3 per box. VEGETABLES Cabbage, 3H&4HC Per pound: lettuce. $2.75 3 per crate; cucum bers, $1&2.50 per dozen; carrots, $44.50 per sack; horseradish,, 25c per pound; garlic, 50c; tomatoes, $3 per box; arti chokes. $1.50 per dozen; spinach, 67o per pound; rhubarb, 35c per pound; peas. 1015c per pound; asparagus, $1. 7562. 50 per box; beans. 1517Ic per pound; egg plant, 25tfi'30c per pound. POTATOKS Oregons, $89 per sack; Takimas, $S9; new California, 1214c per pound. ONIONS Crystal wax, $2.50 per crate; red, $3 per sack. v Staplo Groceries. Local Jobbing quotations: SUGAR Sack basis: Cane, granulated. 24c per pound: extra C. 24.35c; golden C, 24ic: yellow D. 21.15c; cubes. In bar rels. 25 60c. NUTS Walnuts. 263Sc: Brazil nuts. 35c: filberts. 35c; almonds, 38&38c: pea nuts. 3&'16M:c: cocoanuts. $2 per dozen. SALT Half ground, 100s, $11.25 oer ton; 50s. $IS.75 per ton; dairy, $27.75 per ton. RICE Blue Rose. 15 e per pound. BEANS Small white. 7V4c: large white, 7c; pink. lo'Kc; lima, 15c per pound: bayous. ll'4c: Mexican reds, 10c per pound. COFFEE Roasted, in drums. 3950c Provifions. t ....I InHblntr nuot r. tlnns : HAMS All Bizes. 4044c: skinned, 399 45c: picnic. 2e: cottage. 38c. LARD Tierce ba&is, 25c; compound, 24c per pounrt. DRY BALI bnort. cicar paens, -iito'.o per pound ; plates, 23c. BACON Fancy, 4S&56e; standard, 35 46c per pound. Hides and Pelts. JTTDES Nominal, on account of unset tled condition ot market. PELTS Dry pelts, fine and medium long wool, 20c; dry peita. coarse, long wool. 10c. Hons, Wool, Etc. HOPS 1919 crop, $1 per pound; 1920 contracts, 75c; three-year contracts, 4oc average. MOHAIR Long staple. 85c per pound. TALLOW No. 2. 8c per pound. CASCARA BARK Per pound, old peel. 12c; new peel, 10c per pound. WOOL Eastern Oregon, fine, SOSfic; valley, medium. 35e per pound. GRAIN BAGS Car lots. 21c. coast. Oils. LINSEED OIL Raw. barrels, $1.08; raw, drums, $2.05; raw, cases, $2.13; boiled, carrels, $2: boiled, drums, $2.07; boiled, cases, $2.15. TURPENTINE Tanks, $2.26; cases, $2.41. COAL OIL Iron barrels, 1414 17c; cases, 27 34c. GASOLINE Iron barrels, SGV&c; tank wapons, 25 !c; cases, 38c. FUEL. OIL Bulk. $2.10 per barrel. T YIELD LIGHTER INDICATIONS FOR REDUCED INIjAXD EMPIRE CROP. Fruit Prospects Good in Most Sec tions Yakima Will Ship Xcw Potatoes. Crop conditions in the territory of the Spokane, Portland & Seattle. Oregon Elec tric and. Oregon Trunk lines are reported from the office of R, W. Plckard. assistant general freight agent, as follows:- Redmond. Or. AKalta and grain some what backward. Potato planting being pushed on a heavy scale. California in terests putting in approximately 4io acres on newlv acauircd land . northwest of Redmond. Culver, Or. Prospects for both fall and spring-sown wh.at look most promising in several years. More than usual amount of moisture this season and good, warm. growing weather. ery small per cent 01 wheat blown out by high winds this spring. Lewiston. Idaho Kail grain making re markable nrocress. Fields that farmers expected to have to reseed showing a fine stand, which would maKe a yieia 01 m tween 10 and 15 per cent less than last year. Spring reeding 75 per cent fin ished. Lots of moisture In soil and grain will come up quickly. Potato acreage this year 50 per cent of normal, due to high price of teed. Bean acreage 25 per cent below normal. Predictions are for from 25 to 30 per cent of peach and apricot crops. Decrease due to cold weather last winter. Fifty per cent of young cherry trees apparently killed. Looks like full crop plums and .prunes. . Pendleton, Or. Growing grain- looking fair. Still somewhat backward. Walla Walla, Wash. Prospects for win ter wheat normal. Spring wheat back ward. Acreage 85 per cent normal. Ap ple and prune crop at present appears 75 per cent normal. lirge acreage of onion crop in best of condition. Outlook good for 900 cars of onions and for about 150 cars ot early potatoes. From B. Cohen, Oregon Electric rail way All crops progressing nicely. Prac tically all hops contracted for foreign mar kets, strawberries coming in early. Lo ganberry crop slightly below normal, but looking well. Evergreen berries and cher ries will be very plentiful. Indications for prune crop excellent. All grains look ing well and increase reported in clover seed acreage. j From J. T. Hardy, Spokane, Portland & Seattle and Oregon Trunk railways Crop conditions are good and grain is much bet ter than for this period last year. While some rain is needed, growers are well pleased with outlook so far this season. Fruit crop good, partly due to increase in acreage in fruit trees. About a dozen new farms being cleared of sagebrush in the vicinity of Bend and Redmond and the belief is common in that vicinity that farming will take a new life as soon as contemplated irrigation projects are put through. From W. O. Paine, Spokane. Portland & Seattle raitway, Spokane Indications are that this year's wheat crop in the Palouse country and, in fact, ail of the Spokane territory, will be somewhat shorter than last year. About 75 per cent of the nor mal fall wheat acreage was planted. It will be a little difficult for probably a month yet to say what the prospects are for crop, but It seems very certain we will not have as much grain as we did last year. In the Big Bend country a very large acreage has been reseeded. being winter killed and blown out. This Is true of praeiicany ail tnis country, with the ex ception of Adams county, which has been hard hit by wind and lack of rain. Examination ot fruit buds and apple trees in the Lewiston orchards Indicate a light crop, due to severe winter. Dam age from scale has been almost completely done away with, by continuous spraving Conditions in the Spokane and Columbia valleys were never better, although the early frosts did some damage to the peaches, apricots and cherries. Yakima potato growers n i...i this year to enter into competition with the southern growers in finding markets for new potatoes. It is planned to ship the spring crop under refrigeration Ar rangements aPready have been' made for the dispatch of 200 cars. The acreage In potatoes is greater than usual, and grow ers are wondering whether the market will hold up In the fall. From G. F. Dinwoodie. Spokane, Port land & Soattle Farmers are cutting their first crop of alfalfa In the Yakima valley which is running five or six inn acre. Fruit trees, with the exception of peaches and a few apples, are in the best of condition. Sections around Pendleton Athena. Helix, Fulton, Smeltz.and Adams show all prospects for at least an average yield ot crops. All grain through that see. tlon is six to eight inches hiirh , good color. New Tork Si i (jar Market.. NEW YORK, June 4. Raw sugar steady Ccnirifuatrl, 110.31c; refined ptcady, fine granulated, 21.ft0di JO.oOc. Iried Fralt at New Tork, NEW TORK, June 4. Evaporated sp plos quiet. Prunes steady's Peaches quiet LIBERTY BONDS STEADY GAIN'S RECORDED AT CLOSE OF XEW TORK MARKET. Trading in Stocks Is on Small Scale With Xo Important Changes in Prices. NEW YORK. June 4. Conditions not un like those which ordinarily prevail in mid summer attended today's perfunctory ses sion of the stock exchange. Sales barely aegresatfcd 365.000 shares, approximating the year's low record. Movements of prices were in consonance with this gen eral inertia. Leading issues alternately advanced and declined within circum scribed limits., the market closing with a fairly steady tone on covering by shorts in steels and affiliated shares. In essence, however, the list derived almost its sole support from the operations of pools in Mexican oils, several of the equipments and the more obscure special ties, the latter being featured by Interna tional Paper. American Writing Paper preferred and Union Bag & Paper. The superficial character of the stock market extended to money rates, virtually all of the day's call loans, as well as those running into next week, being made on a 6 per cent basis. Foreign exchange continued Irregular, the London rate recording another reac tion, with like tendencies for Paris bills, but Italian and German remittances hard ened. Liberty bonds recovered from their set back of the morning, closing mostly at gains, in tbo foreign group Anglo-French os were strong at !)(,. Total sales (par value) $12,730,000. Old United States reg istered 4s were Vi per cent lower on call. CLOSING STOCK QUOTATIONS. Last Sales. High. 400 3S ' 7.10O 140 soo sr. 4.000 sr 1.20O 5S5 IOO 125 500 30O 94 400 56 ! 2.000 VJ9 3i0 14 '4 .1.70O 56 'i 1.30O 7Si 500 164V3 18,500 U5',t 2.500 32 S.200 91 Vm 100 23 200 2!) H 1.200 1134 KOO Oi; SOO l.JO 50ir 33 14 nm) si 6,500 37 500 31 2,500 04 H 4.70ij 136', 4 1.000 40 S 1.O00 12 'i 300 43',i 7.00 27 1.4O0 724 2O0 35 i 1O0 84 200 52 200 84 i 4X 1 8 8,200 7R'i .".00 1 00 27 "S." 6.300 178 V, 700 2 Hi 6,200 26 i 0M 42 -4 1.200 20 i Low. 38H 136W 84 U 95, SSii 125 87 94 H 55 117 14 i Sale. Am Can Am Car & Fdy Am Inter Corp Am Loco .... Am Sm & Rfg Am Sugar . . . Am Sum Tob. Am Tel & Tel. Am Tobac Sec Am Woolen .. Am Z L Ac Sm Anaconda Cop A tchison .... A G & W I I S Bid Loco ex dv Bait & Ohio.. Beth Steel B.. 38 "4 J 39 4 85 !S'4 58 H 125 89 94 14 56 ! 14i r.e4 78H 1H41 ll.V 814 !! ',s 23 29 4 11.1 06 130V4 33 U M 37 'A 31 H 93 1341,3 49 12 143. 26 '4 72 35 ',4 84 163 1111 31 '.4 90 23 29 ' 112V4 65 12914 33 54 81 37H 31', W2-T4 133 48 i 12 143 2-i 72 '4 3--.',s 84 V S4 .i 17 73 35 27 174 21 r 26 42 i B & S Copper. Calif Petrol .. Canadian Pac. Cent Leather. Chand Motors. Chi M & St P Chi & N W... Chi R I Pac t'hlno Copper. Corn Products Crm'ible Steel. Cuba Cane Sug Erie Gen Electric. Gen Motors . .. Gt No pfd .... Gt No Ore ctfs Illinois Central Inspir Copper. Int M M pfd.. Inlet- Nickel.. 1 nter Paper . . K C Southern. Kennecott Cop .Mexican Petrol Miami Copper Mid States Oil Miclvale Steel. Missouri Pac. Nevada Cop . . N V Central.. N Y N H & H Norf & We.-V.. Northern Pac. Ohio Cits Gas. Ok Prd & Rfg Pac Tel & Tel Pan-Am Pet.. Pennsylvania. . Ray t:on Cop. Reading Rep Ir & Steel Roy Duteii . . . Shell T & T . . 84 A 17 70 "4 15 274 176U 20 26 42 2 6 14 13 '4 69 Vi 30 4 88 '4 731.4 3 8 '4 4 ',4 42 '4 102 Vs 1.2O0 000 l.W'O 13 'i 60 '4 3(-, SS i 734 38 'i 4 "4 42'i 103"4 39 '4 171t 84 92 113 134 S 3o Vs 8S 73 374 4ii 41 101 3S-4 17 83 8ll4 111 '4 no 800 1 .500 1.8O0 iJOO 14.SOO 4.5O0 KOO 17U 17 17 '4 4.5O0 84 83 S3 74 1.200 92 811 Ulv 8.100 113 111 '4 113 21m 7.1 7.i to Sin Oil & Rfg 10, Southern Pac. 3, 7,(xt SIS 3o 3114 71M) 9314 82H 93 Southern Ry.. Studebaker Co Texas Co Texas & Pac. . Tobac Prods. . Transcont Oil Union Pacific, tj S Fd Prods. 17 S Ind Alco. U S Retl Strs U S Rubber . . U S Steel do pfd Utah Copper.. Western Union Westing Elect Wiilys-Overlnd 2.400 23 23 '4 2314 24.200 691,4 6714 60 14 5.S00 4 Sis 47 4814 l.OOO 42 41 14 42 3,5(10 70 li 67 70 600 14 J4'i 1414 9nO 114 1 1 3 '4 1 1 3 3O0 64 '4 63 64 300 84 1 8.314 8:: 14 4.000 81 7814 81 800 93 94 95 13 600 94 92 04 1,200 107 106'.4 106'4 1110 69 69 69 300 831- 83 83 14 500 49 49 49'4 1.300 18 18 1814 BONDS. U S Ub 3'4S. . .91.28 A TAT ev 6s. 93'4 do 1st 4S M).1'IAICII gen w. ... I - TO do 2d 4s .85. KO D&KU con S. 02 do 1st 414s. .86.90!N Y C deb 6s. 88 do 2d 4s. 86.08' N P 4s 0 rtn 3d 4 lis. . .89.92iN P 3s . 52 .SO . 85 . 9614 . 81 do 4th 4 '4 s. . .86.38, Pac T & T 5s. U S 2s reg nil IOI Pa con 4 14s. . do coupon U S 4s reg. . do coupon Pan 3s reg. . do coupon Anglo-Fr 6s S P cv 5s. . . . So Ry 5s 104l 104 U P 4s Li S Steel 5s. . . 77 . 00 lx . 77 . . 99 Bid. Mining Stocks at Boston. BOSTON, June 4 "losing quotations: Allouez 30 lOld Horn 26 Calu & Ariz. .. Calu & Hecla. Centennial . . . Cop Range . . . F.ast Butte . . . Franklin Isle Royalle . . Lake Copper. . North Butte . . . 50 j Osceola ...... .320 (Quincy . 12 I Superior . 40 (Sup & Boston. . 13 IShannon . 2)Utah Con . 29 IWinona 3l Wolverine .... . 171 . 40 . 49 - 4j . 3?; .15-16 . 6 . 18 Money, TORK, Exchange, Etc NEW pa per, Exchange irregular. Sterling, 60-day bills, $3.85; commercial, 60-day bills on banks, S3 85V: commercial. 60-day bills. $3.85: demand. $3.9014; cables. $3.91; francs, de mand, 13.02; cables, 13.00. Belgian francs, demand. 12.42; cables, 12.40; guilders, de mand. 3614;- cables, 36; lire, demahd. 17.00; cables, 16.98: marks, demand, 2.40 cables, 2.41. New York exchange on Mon treal, llii oer cent discount. Government bonds, irregular; railroad bonds steady. Time loans strong, uncnangea. Call money steady, unchanged. Bar silver, 98c. Mexican dollars, 75c. LONDON. June 4. Bar silver. 566per ounce. Money, a per cent, fiscouni mis, short and three months' bills, 6 a 6 13-16 per cent. Swift Co- Stocks. Closing prices of Swift & Co. stocks at Chicago were reported by Overbeck & Cooke company of Portland as follows: Swltt & Co. . . .110 Libby, McNeil & Llbby. . National Leather Swltt International 12 11 3 Bid, selling ex. dividend. AT CLOSE BEARS ARE HANDICAPPED BY SMALL- RECEIPTS. Many Cars Forwarded From Kast Unfit for Vse Oats Sell at Kecord Prices. CHICAGO, Jun 4. Despite free selling at times and a consequent break In prices, the corn, market today rallied and closed hisrher. Inadequacy of current supplies here proved too great a handicap for the bears. Tho close was nervous, at to li cents net advance, with July 1.74V ei.74V. and September $1.60 1. 60. Oats finished U cent off to 1 cents up and provisions varied from 5 cents' de cline, to a rise of 10 cents. Most of the selling pressure in corn came from commission houses where be lief had been fostered that receipts would show a pronounced increase next week. Not only were arrivals today scanty but ad vines from the country said interior stations were getting few cars. Besides, many of the cars which had been for warded from the east were reported un fit for grain loading, one line netting just 150 suitable cars out of a total of 800. Oats touched new high record prices for the season. Provisions at first' were weak with hogs, but gossip that European, buying orders were in sight brought a rally. The Chicago market letter received yes terday by Overbeck & Cooke icompany of Portland said: Corn Under pressure from strong com mission houses early, July dropped about cents. Many ot tho local element were short on tho break, but soon as the sell- ing ceased prices started upward, and at the top July showed about 4 cents gain over the early Inside figures. The strength in the cash grain and absorption of offer ings on resting orders on the break had considerable influence on sentiment, which was decidedly bearish early. No. 2 yellow and white sold up to $2 In the sample mar ket on buying by some of the smaller ship pers. The leading Industries refused to follow the advance up to noon. Country offerings larger but a big business is im possible owing to the scarcity of cars. The latter is the dominating influence and lit tle hope of any permanent improvement Is held out. The leading bulls are very con fident of their position on account of the No. 2 grades selling at 23 and 25 cents over July. Cash corn was 13 cents high er. Heavier receipts will be necessary to bring about a lasting decline, which is long overdue. Oats Advanced to a new high figure on the crop for July after a fair break early. July acted decidedly congested. w but cash has been advancing faster than futures. Five thousand bushels No. 2 white in store sold at 19 cents over July. Eastern de mand not large, crop reports generally good, but Ignored. A sustaining influence was a Canadian report that there was a possibility of importing oats to fill July contracts at Winnipeg, at which point they were quoted 22 cents over Chicago. We are not in sympathy with prevailing high prices. Leading futures ranged as follows: . CORN. ODen. Hiffh. Tww Clot- July $1.73 $1.754 $1.71 $1.744, Sept 1.60 1.61 ?g 1.58',a 1.60 . OATS. July 3'4 .95 '4 .924 .944 Sept 7S3, .797. .744 .78 MESS PORK. Joly 33.80 33.85 33.70 33.85 Sept.... 35.00 35.00 34.95 35.00 LARD. July 20.75 20.97 20.72 ' 20.iT Sept.... 21.75 21.87 21.60 21.82 SHORT RIBS. July.... 18.27 18.35 18.22 1S.32 Sept 19.00 ' 19.07 19.00 19.07 Cah prices were: Wheat No. 2 red. $2.95: No. S hard. $2.96; No. 3 northern soring. $2.92 2.!7 i. Corn No. 2 mixed, $r.974ji2; No. 2 yel low, 1.9SSi2. Oats No. 2 white, $1.151.1; No. 3 white. $1.121.14. t'.ye .NO. 2, X2.1 J W. 02.17. Barley $1.60. Timothy seed $1012. Cloverseed $25 ii- 35. Pork Nominal. Lard $20.50. Ribs $17.50 j18.r,0. Grain at San Francisco. SAN FRANCISCO. June 4. Grain Barley, spot feed, $3.303.40 cental; wheat, hard white No. 1. 13.68 2-5 cental; oats, $3.40 e 3.50. Hay Wholesale prices In carload lots si appear from dealers' transfers upon the hay market. For prices to consumers charges of cartage, commission and han dling must be added, according to condi tions: Fancy wheat hay, light five-wire bales, $3841 per ton: No. 1 wheat or wheat and oat hay. $35 38; do No. 2. $.'1235; choice tame-oat hay, $37040; other tame-oat hay, $33 37; wild-oat hay. nominal; barley hay, nominal; alfalfa hay. new. nominal: do old. $30 032: stock hay. $29 32. Seattle Feed and Hay. SEATTLE. Wash., June 4. City deliv ery: Millfeed, $52 per ton: scratch feed, $89; feed wheat. $99; all-grain chop. $80: oats, $78: sprouting oats. $81: rolled oats. $80; whole corn, $83; cracked corn, $85; barley, $78: clipped barley, $83. Hay Eastern Washington mixed timo thy, $47 per ton; double compressed, $51; alfalfa, $46; straw, $18. Minneapolis Grain Market. MINNEAPOLIS. June 4. Barley, $1.26 1.61. Flax, No. I,- $4.14iar.19. Duluth Linseed Market. DULTiTH, June 4. Linseed, $4.19. EASTERN WOOL MARKET DEPRESSED Very Few Sales at Boston and Little Trading in West. BOSTON, Mass., June 4. The Commer cial Bulletin tomorrow will say: "The depression In the market a week ago has , continued during the current week, sales being almost nothing In this market and reports from the west indi cate that the market there is very dull. The primary markets are dull andhardly changed. "The goods markets are dull and un settled with the mills going on short schedule generally of three to four days a week." Scoured basis: Texas, fine, 12 months, $1.651.70; fine, eight months, $1.454p 1.50. California, northern. $1.65.01.70; mid dle county, $1.55&1.60; southern, $L30 1.35. Oregon, eastern No. 1. staple, $L80 1.85; eastern clothing, $1.501.55; valley. No. 1. $1.60. Territory, fine staple, $1.851.90; half blood combing, $1.0O1.65; three-eighths-blood combing. $1.151.20; fine clothing, $1.501.60; fine medium clothing, $1.45 1.50. Pulled. Delaine. $1.8501.90; AA, $1,65 1.70; A supers. $1.45(&1.50. Eastern Dairy Prod nee. NEW YORK, June 4. Butter, firmer; unchanged. Eggs Steady. Storage packed extra firsts, 4748c; gathered extra firsts, 45 (5 47c; others unchanged. Cheese Weak. State whole milk flats held white and colored specials, 30c; do, average run, 29c; state whole milk flats current make white and colored specials, 26 27c. CHICAGO, June 4. Butter Steady. Eggs Lower; receipts, 15,193 cases; firsts, 394i'39l4c; ordinary firsts, 35&30c; at mark, cases included, 374239c; storage packed extras, 4242c; storage packed firsts, 4141V.-c. Coffee Futures Strong, NEW TORK, Juq 4. The market for coffee futures was very quiet at the open ing today and first prices were unchanged. Later, however, there was buying on re ports of a sharp advance in Santos futures due to heavy rains in the interior, which were considered unfavorable at this sea eon of the year. July advanced to 15.20c and December to 14.80c. with the market closing at a net advance of 25 to 80 points. Closing bids: July. 15.15c; Sep tember, 14.88c; October, 14.86c; December, January, March and May, 14.80c. Spot coffee dull. Rio 7s, 1514 91514c; Santos 4s, 23fr24l4c. x Metal Market. NEW TORK, June 4. Copper Electrolytlf. spot, June and July, August, l!4c dull. 19c; Iron firm, unchanged. Tin Spot and June, 49.50c; July, 49c. Antimony, 9c. Lead quiet. Spot and June, 8.90c asked- .inc quiet. East St. Louis, spot. 7.30c bid. Naval Stores. SAVANNAH. Ua.,. June 4. Turpentine firm, $1.0641-1.67; sales, 196; receipts, 149; shipments, 610: stock, 1317. Rosin firm. Sales, 12,836: receipts, 376; shipments, 1524; stock, 12.768. Quote: B $12.50; D. $16.25: E. $16.50; F. $16.50; O. $16.50; H, $16.50; I. $16.50; M, $17; N. $17.23; WG, $17.50; WW, $17.75. Cotton Market. NEW TORK, June 4. Spot cotton quiet. Middling, 40c. We offer subject to allotment I KINGDOM OF BELGIUM 25-Year 7V2 Sinking Fund Redeemable Bonds Payable in New York funds. . One twenty-fifth, or $2,000,000 of total issue' of $50,000,000, called each year by lot. at 115. Yield according to date called from 7.95 to 24.89. Price 97V4 L neveraaux Company 87 Sixth Street Municipal Bonds Broadway 1042 Ground Floor Wells Fargo Building ' SHEEP MARKET IS WEAK LAMBS ARE DOWN AXOTHEK CEXT AT YARDS. Cattle Trade Is Light at Previous Prices Hogs Are Steady. and Unchanged. Eleven loads of stock, mostly sheep, reached the local yards yesterday. The sheep market continued to show all the weakness of the preceding few days and lambs dropped another 50 cents, with the top quotation now standing at $12.50. There was but little doing in cattle and former prices prevailed. Hogs were steady and unchanged. Receipts were 12 cattle. 342 hogs and 938 sheep. The day's sales were as fol lows: Wt. Price ! Wt. Price. 1 steer. . 4 steers. 8 steers. 1 cow. ... 1 cow. .. 3 cows. . 2 calves. 1 bull. .. 1 bull. .. 64 hogs". . 5 hogs. . 75 hogs. . 13 hogs. . 3 hogs. . 2 hogs. . 11 hogs. . 3 hogs. . 37 hogs . . 10 hogs. . 6 hogs. . 17 hogs. . 4 hogs. . 13 bogs. . 20 hogs. . 6 hogs. . 12 hogs. . 2 hogs. . 2 hogs. . 3 hogs. . 13 hogs. . 1 1 lambs. 31 lambs. 20 lambs. 47 iambs . 41 ewes. . 1090 $11.50,26 yearl. . 88 $ 8.25 l-au l.'JA 1 DUCK. 180 5.00 548 7.901 5 wethers. 4 wethers. 3 wethers. 3 wethers. 5 wethers. 90 87 8.50 8.50 1180 670 960 125 1470 1450 170 230 100 397 1 10 460 196 76 88 203 120 175 202 203 219 165 210 290 385 226 202 54 66 63 65 114 .00 4.50 8. 50 12.00 100 140 116 98 86 109 1x0 150 150 433 108 8.50 7.00 8.00 8.25 7.00 8.25 8.00 13.50 15.00 15 0O 13.25 13.00 15.00 14.50 13.00 15.00 14.50 14.50 13.00 15.00 15.011 15.00 15.00 13.00 13.0O 13.0O 13.00 14.60 9.00 12.50 25 17 wethers. 7.50129 wethers. 15.0018 w ethers. 12.00 25 wethers. 15.00115 hogs. 13.00 1 hog.. 13.00 1 hog. . 13.00 3 hogs. 13,00 9 hogs. 13.110,18 hogs. 12.50 2 hogs 200 14.75 1 hog 4i!0 13.25136 hogs. . .. 192 15.00H6 hogs 142 14.301 1 hog 150 13.751 2 hogs 240 15.00119 hogs. ... 219 14.75i 22 hogs 193 14.50 1 hog 330 14.75 2 hogs 250 12.00 3 hogs 483 14.0O 4 hogs 360 14.50 1 hog 200 9.00 9 hogs 130 12.60112 hogs 225 9.5o 1 stag 620 12.00135 lambs.. 80 6.50 63 lambs. . 67 5.001178 lambs. 78 10.00 12.50 1 ewe. 150 Livestock prices at the Portland stock yards were as follows: Cattle Grain and pulp-fed steers. .. .$1 1.75f 12.25 Choice grass steers 11.OOrall.50 Good to choice steers........ 10.50 rai 11.00 Medium and good steers 9.5O(tpl0.5o Fair to good steers blOioj 9.50 Common to far steers 7.75y 8.50 Choice cows and heifers 9.75 ifr 10.25 Good to choice cows, heifers. 8.75'ru 9.75 Medium to good cows, heifers. 7.75fti) 8.75 Fair to medium cows, heifers. 6 75fo) 7.75 fanners 5.O01M 6.00 Bulls 6.OO1W 8.511 Prime light calves 12.00 i 1 3.50 Medium light calves 8.m i 1 1 ." Heavy calves 6.004) 8.50 Hogs Prime mixed . . Medium mixed Smooth' heavy Rough heavy . . Pigs Sheep Lambs ....... Cull lambs ... Yearlings . . . . . Wethers Ewes ......... 14,75 ?15. 00 1 4.25 W 14.73 1 1.00 Si' 13.00 10.00 (! 1 1.00 11.00 4l 13.00 12. 00S 12.30 8.00 (it 10.50 7.00 TO 9. mi 6.00 Ca 8.00 3.00 if 7.50 Chicago Livestock Market. CHICAGO. June 4. Cattle Receipts 7000; beef steers and sne stock steady to 15 cents lower. Choice heavy steers, $14.75 14.90; prime heavy cows, $12; bulk she stock, $9(910.50; bulls steady to weak; odd lots of calves, $1515.50 to outsiders, packers bidding lower; vealera to packers all below $14; feeders stesdy Hogs Receipts 35,000. mostly 25 cents lower, spots more. Bulk light and light butchers, $14. 25 14.45: bulk 250 pounds and over, $13.50 1 4.10, top $14.60; pigs, mostly 25 cents lower. Sheep Receipts 800i, traaitty poor. Strictly choice lambs steady, others lower. Sheep 50 to 76 cents lower. One load prime 85-pound shorn lambs, $16.40; good spring lambs, $16; choice ewes, $8. Omaha Livestock Market. OMAHA, June 4. Hogs Receiots 10.300. market steady to strong. Top, $14: bulk, $13.1513.60. Cattle Receipts 2000, beef steers active, 15 and 25 cents higher. Best strong weight beeves. $14.10; bulk of steers. $11.75 013.50; butcher stock. 10 and 15 cents higher; stockers and feeders strong. Sheep Receipts 2000, market weak. Best clipped lambs, $15.10. Kansas City Livestock Market. KANSAS CITY, Mo.. June H. (U. S. bu reau of markets. ) Cattle, receipts 200: native killing cattle fully steady: southern cattle strong to 25c higher; bulk better kind. $10.5011.25. Sheep 700; 25 50c lower; choice native ewes, $8.25; spring Iambs steady; best natives, $16.25. Seattle Livestock Market. SEATTLE, Wash., June 4. Hogs Re ceipts none, steady. Prime, $14.75 15.25: medium to choice. $13.7314.75; rough heavies. $12.75(813.25: pigs, $120)13. Cattle Receipts 319, market 25 cents lower. Best grain and pulp-fed steers. $11.7312.50: best grass-fed steers, $11 11.73; medium to choice, $911; common to good, $7.50(S10; cows and heifers, $9.73 (W10.25: common to good, $6.K08.50; bulls, $67.50; calves, $7.50(8)15.50. SAN FRANCISCO PRODUCE MARKET Prices Current on Tegetables, Fresh Fruits, Ets., at Bay City. SAN FRANCISCO, June 4. Butter Extra grade. 54 c; extra firsts. 53c. . Eggs Fresh extras, 45-e; firsts, 42c; extra pullets, 36c; nnderslzed, 32c. Cheese Old - style California flats. Import and Export Import firm established elarht years desires to increase their capital stock to enable them to take advantage of the excep tional opportunities, now exist ing: in the Orient. This concern is conducted by experienced men of high stand ing and the best of bank: refer ences can be furnished. This is an exceptional oppor tunity for investment in a con servative established business where the returns in a couple of years will be large. References required. M 650. Oreironlan. MEXICOZ tAND or IPPOKTCXRY THK KW COVKRNM KVf INVITES AMERICANS Relfa.bl information on Mexico's Mines, Agriculture. Industries. Commerce, etc. Personal Investigation and reports. INTERNATIONAL INFORMATION BUREAU. Box 852. EI fmso. Texas, fancy, 28 lie: firsts, 24k; Toung America, 28c. . V " Vegetables Beans. 6llc per pound: bell peppers, 2030c for large sixe: Chile. 2530c: tomatoes, southern Cali fornia fancy, JI&1.75; potatoes, old crop, 0ft10c per pound; new white. 88c per pound: do., garnets, S8c;- .onions. Crystal white, $ll.-5 per crate; new red, $1.5061.75; Australian brown, per cental. $6.50 7; cucumbers,- natural growth, $1.50(g)1.75 hothouse, $292.50; garlic 20930c per pound: asparagus, 8& 10c; fancy graded, 11 12c;, areen as paragus, 67c; green onions. $1.501.75 per box; celery, per crate, $2(4 ; fancy. $4.00 6.00; peas, per pound, 34j)4c; Half Moon bay, 445c; carrots, $2,5043: beets, $4ftj)6; peaa. Per pound, 21. 43c; Half Moon bay, 44l4c; carrots, $2.50 & 3; beets. $ll-50; summer squash, per crate, $1 1.33; Italian. $1.40(1.60; turnips, $1,259 1.50; green corn, 70c. Fruit Oranges, navels, $4 6.50. ac cording to size; Valencies. $4.505.60; lemons, $3.255; grapefruit. $24?3.50; lemonettes, $22.50; bananas. central American. 8$9c; Hawaiian, 10c per pound; pineapples, $44j6 per dozen; apples, New town Pippins, 3 -tier. $33.50; 4-tier. $33.50; 4 -tier. $2.5o2.75; strawberries. Peninsula and Watsonvllle, 40465o per drawer for 8-oz. baskets; 75c&$l for 12 oz. baskets; apricots, per pound, T12Hc; extra fancy higher, $2)2.50 per crate; extra fancy, $3; cherries. Purple Guigne and Black Tartarians, 10&15C per pound; $1.504j-1.73 a drawer: Royal Ann, 715c; figs, black, $2. 23 2.50 per box;' white, $1.50 1.75; raspberries, $1.25 91.50 per drawer: goosberries. per drawer, 65c; blackberries, $1.25 1.50 per drawer; can taloupes, standards. $64y7; ponies. $3.50 65.00; flats. $2.25: Grange pack. $4.0O 4.50; peaches, per box, $1,7542.00; water melons, per pound. 12c; loganberries. $1.0091.15 per drawer; apples, new, $1.75 j-'.00,box. Receipts "Plour. 5260 quarters; barley. 4434 centals; beans, 73T sacks; potatoes. 997 sacks: hay, 349 tons; butter, 1333 centals; eggs. 046.680 dozen: sugar, 800 centals; oranges, 500 boxes; livestock, 572 head. TRADE AND IJiDl'STRT IRREGULAR Apparel Lines Are Chieriy Affected, But There Is ' Less Calamity Talk. NEW TORK. Juno 4. Bradstreet's to morrow will say: Trade and industry are still highly Ir regular, perhaps, the word disturbed would be more accurate, and the volume ot busi ness is lighter than at any time for over a year past. Apparel lines are chiefly so affected, but sympathetic reflection of difficulties in these trades is found in many other lines. Stilt, while fall trade prospects are In a rather muddled condition, particularly In woolen and silk fabrics and shoes and their related lines, there is less hysteria manifested especially In retail lines and there is a growing Idea that while the peaks of demand and of prices have alike passed, conditions surrounding production and supply are not such as to give counte nance to the calamity talk of a few weeks ago. Weekly bank clearings were $7,546,- 04 1.0O0. Dynamite Cap Injures. HOOD RIVER, Or.. June 4. (Spe cial.) Anton Coperude, Jr., sustained lacerated hands yesterday when a dynamite cap with which he was playing- exploded. 'Pieces of the cop per cap were driven deep in the flesh of the hands. The boy thought the cap was an empty 22-caliber rifle shell. TRAVELERS' GCIDE. ASTORIA AND WAY POINTS Str. GEORGIANA Ronntl Trip Dally (Except Friday) LEAVES PORTLAND 7:10 A. M. Alder-Street Dock. LEAVES ASTORIA 2 P. M. FLAVEL DOCK. FARE $1.65 EACH WAT. Special a la Carte Dlninar Service. Direct Connection for South Beackea x NIGHT. BOAT DAILY, 8 P. M.- Every Bar Excent Snnilav 1'ke llarkioe TranRportntios Main 142:2, &4 1-22 Co. SanFrancisco S. S. ROSE CITY DEPAllTS 10 A. M. Sunday, June 6 FROM AINSYVORTH DOCK. Fare includes Berth and Steals. CITT TICKET OFFICE. 3D AND WASH. FHONE MAIN 3530. FREIfiHT OFFICE. A INS WORTH DOCK. I' HONE BUWV. 268. THE BAN FRANCISCO & I'OBTLANO S. S. COMPANY. Columbia Pacific Shipping Company "NORTH CHINA. IONS." Direct serrtca without trans-shipment. PORTLAND to Kobe, Yokohama, Shang hai. Telngtau. Taku Bar and Dairea. 8. 8. "The Angel re" Early Jnly Loading S. S. "West Keats" 1-ate July Ixwdinz s. e. "West Niraria' Early Aug. Loading The above-named, vessels are now being booked. For further information regarding apace, rates, etc-, apply Traffic Department Board of Trade Building Portland. Orecaa, Let us 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 E. Smith, Dist. Pasa. Agt, AMERICAN EXPRESS TRAVEL DEPARTMENT, Sixth and Oak Streets, Portland, On( Astoria Route S. S. "ASTORIAN" t:S0 I P. M. DAILY (Except Thwra.) FARiJ J1.65. including tax. Taylor St. Dock. Phones Main 8065. 611-46. TO PER NAJMSUCO.BAHTA. Rio DC Janeiro. Santos. MONTEVIDEO SUE NO AYRES. LAMPORT HOLT LINE Fretrtrertt smilf nm from New Tork br Mw tad fact Or Dorsey B. timUH, roriiaca, ur. j a. lift ThlrJ H w H. AUSTRALIA SEW ZEALAND AND SOCTM SEAS vim Tahiti and Karatonc. Mall aad pa, enter ervit- from nan Fraaclaco every 8 duya. UK ION R. 8. GO. OF NEW ZEALAND, 30 California 6t.. San Krandaco. r local ateanMbip and railroad aaeneiea. i sm m m m SPEAKING w E call attention to the unexcelled investment op portunities at resent afforded in Northwest Municipals, of which choice issues. They combine safety with unusual returns and are tax exempt. Our lists include securities. YIELDING 6 TO 7 Among these are general obligation bonds of the City of Prine ville, Oregon, funding, to yield 69c; Jerome County, Idaho, high way, to yield 6; Special assessment of City of Soda Springs, Idaho, sidewalk and sewer, to yield ITe. Our Recommendation la Buy Now We Will Gladly Assist With Our Service Morris Brothers iss -ffitf rPremter'MuwcipaJ 'Bond7fous0 lOMtMnuoa atorrla Blda. M-ll Stark MU. Boa, Ftftk aad HxA Talepboao Broadway S141 A Safe Investment Paying Large Profits ! THE CANNERY red salmon this year and several thousand cases of the other prod- ucts. We own the above named property and the fifty-three acres j of land where the plant is located, free from all encumbrance. ; Ample insurance is carried to cover everything. Our new 65-ton ! boat will run between Grays Harbor and the Queets, time less than j 8 hours, with a freight rate of $15 per ton each way. We have more than $50,000 worth of freight lined up for the boat this season. We are offering a block of our non-assessable treasury stock at 10c (par) , a share in order to raise the money needed to finish the payments I on this new $20,000 boat. Our capitalisation is only $100,000. Offi- I cers and directors all well known business men. We fully expect to j pay our stockholders 50 or more every year on their investment, j Company indorsed by Commercial Club and the banks. Any sum j from $25 up may be invested. Investigate this at once. The price j of the stock will be advanced 100 or more within the next 30 days. : Send for circular. (It has full description and map). Queets Trading Co., Hoquiam, Wash. y We Offer Our Allotment of 50,000,000 Kingdom of Belgium 25-year External Hold Loan T'-r't Sinking Fund Redeemable Coupon Bonds in $500 and $1000 denominations. To he retired from lft-1 to 1945 at IIS, yielding from 7.05 np S4.K aecnrtilnar to time of redemption. Price 97.25 and Interest ClARrv.RtNDAtLS CO. 6 First Mortgage Bonds Tha Bonds That Afford the Greatest Degree of Security. Secured by First Mortgage on Fertile and Prosperous Farms in Oregon and Washington. Income 9 To Net. Normal Federal Income Tax raid. Denominations. $500.00, $1000.00. $2000.00, $5000.00. Maturities, Three to Ten Tears. Yonr laquirlea for further Information will receive oar prompt attention, i Commerce Mortgage Securities Company I'aone Mala SOS7. Ground Floor, Chamber of Commerce Bide 1 Third Street. FACTS NO. 5S. SPEEDING UPl The wisdom of award ing contracts for road construction and in " provement covering a two-year programme is apparent when the fact is taken into con sideration that valu able time is often loEt in installing equip ment and in perfect ing organlzat ion. Travelers find un bounded enjoyment in riding over roads paved with WARRENITE BITULITHIC WARRES BROS. CO. Swift & Company Union Stock Yards. Chicaso Dividend No. 13S Dividend of TWO DOLLARS ($100) pershareon the capital stock of Swift & Company, will D paid en Jnly 1, 1920, to toekholder of record. 4UM v, AVv. -."-"- Company. . . C A. reACUUi, secretary of BONDS we own and offer many We own and are operating a large i salmon, clam, beef, vegetable and berry cannery, a general store, hotel and water transportation ( business, all so strategically lo- j cated that we are without com- petition. We buy our salmon, etc.,' j at prices ranging; from 40, to I 60 of prices paid elsewhere. ' We expect to pack 25,000 cases of i INC. Belgian Loan Oversubscribed Anticipating oversubscription we subscribed for a large amount for our own account, and while any of our allotment is available we will protect or ders at original price of 97.25 and accrued interest to yield 7.9& to 24.8HVO according to year redeemed. These bonds are to be redeemed by draw ings at 115 in amounts of not leas than $2,000,000 annually. Wire Orders "Collect" Freeman Smith Camp CO. Kmrncmm Bank Bum. j E I p I 3 necoNS n-oon