Morning Oregonian. (Portland, Or.) 1861-1937, June 08, 1920, Image 21

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Morning Oregonian., June 08, 1920, Page 21, Image 21

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Newspaper Page Textil, THE MORNING ORECOMAX. TUESDAY, JUXE 8, 1920 LARGE WDDL STOCKS HELD IN AUSTRALIA Marketing of New Clip Difficult Problem. Is SALE MIGHT COLLAPSE Way Ls bought to Carry Over New Wool Until Old Surplus Has llccn Disposed of. One factor that contributes to tbm un settlement of wool value in thia coun try as well as abroad Is the large surplus of wool that has accumulated In Aus trmiia. The handling and disposal of the Australian wool crop for the season 190 is at present receiving much con sideration. The imperial government pur chased the last five clips, but the ar rtnicment, which worked out most satis factorily for Australian interests, will ter min&te on June 30. J. Neill Bart-lay. gen eral manager for II. y. Dunn &. Cq., in Australia and New Zealand, writes that It is estimated that the British govern ment is holding, either in Kngiand or Aus tralia, but principally In Australia, be tween 1.500,000 and 2,000,000 bales of Australian wool. The placing of the 19'JO- 1921 clip on the market before the present supplies are consumed by the manufac turers would, it is feared, result in a collapse in prices that would prove dctri mentaJ to the growers. The Australian government has. during the past few seasons, bought the clips at a price in the neighborhood of Is 3Vid per pound, the vendors being accorded the right to r0 per cent of the profit, should the government resell the wool. It is es timated that there will actually be be tween 00.000,000 and 70,000,000 for dis trlbutionfrom thcao profits. t'nder the govern mcnt purchase scheme It has been a comparatively easy matter to finance operations, but without govern ment aid this problem, will be a difficult one to solve, Jt is thought that it will be necessary to carry the future clip in tore for a considerable period. The buildings erected during the past three years a f forded accommodations for more than 1, 000.0(H) bales, but the problem of financing the carrying of such a stock Is a serious one. It must be remembered Chat the majority of the continental mills are not yet operating to full capacity. KASTKRN BUTTER IS UNSETTLED .accumulation of Mocks and Imports Weaken I Ticca. "Butter prices In the eastern markets Jeveled ud during the past week. Fine - butter was scarce at the opening, but there was an accumulation later and all Eastern markets were lower. California, Canadian, Dutch and Argentine butter all helped to swell receipts and eased the market. However, a notable factor Is that traders are willing to re all butter of satisfactory quality rut her than to take any further losses. The quality is Im proving, although still very irregular, whfeh will permit of more storing and teady the market. Credit is the most un certain factor now limiting cold storage movcmcnr. Holdings on the four eastern markets are way behind last year, due mostly to late season. Railroads are doing better In handling freight. Express arrivals are atlll coming in very bad shape. Fifteen hundred casks of Dutch butter arrived during the past week, some scoring up to 03. Garlic and weeds show badly in do 5c; ducks. 40tf50e; fees, nominal; tur keys, nominal. YE A Li Fancy, 19c per pound. PORK Fancy, 20c per pound. Fruit and Vegetables. FRUITS Oranges. r..50fi7: lemons, ?3 & 0.50 per box; grapefruit. 4o0.."jO per box ; bana nas. 1 1 & 1 2c ner oound : apples. ?( 4 per box; strawberries, Oregon, $d6-50 per crate; cantaloupes, $7.30&9 per crate; cherries, 18 25c per pound ; gooseberries, S(12c per pound; peaches, 93 per box. cutj ABLLS caBDage, 3Vsff-c Per pound : lettuce. $2.To fr 3.00 str crate; cu cumbers, $l J.Z0 per do.; carrels, f 404.50 per sack: horseradish, 25c per pound; game. uOc; tomatoes. I2.U52.75 per box; artichokes, $1.50 per dozen; spinach, 6 wic per pound; rhubarb. Stoic per pound; peas, 1 Oli 14c per pound: asparagus. $1.75 0 per box; beans. IS'SlT'Ac per pound; eggplant. 25&30c per pound. - rUTATUKB Oregoifs, per saeK; Yakimas. S9S10: nw California. 19&14c per pound. ONIONS Crystal wax. $?.25S2.50 per crate; red, $2.75Sf3 per sack. - , - Staple Groceries. - I'Ocal jobbing quotations: .SL'OAR ack basis: Cane. granulated. 24 3, c per pound; extra C, 24Tiic; golden C. 24c; yellow D, .5c; cubt in bar rels. 'j.YHOc. NUTS Walnuts, 26?f38c: ' Brasil nuts. 35c; filbert. 35c; almonds. Xfi'ft3Rrc; pea nuts. 10&16Hc; cocoanutn. J per dozen. SAL.T Half ground. 100s. $.1.23 per ten; o. $18. 7 per ton; dairy, $27.75 per ton. RIOB Biue Rose, J5,c per pound. BEANS Small white. 7e; large white, c; pink, ISc; lima, 15c per pound; bayous, 11 Vic: Mexican reds, 10c per pound. COFFEE Roasted, in drums, 39 & 50c STOCK GAINS EFFACED SUPREME COTTEVT DECISIOX IS CAUSE OF SEIilIXG. Industrial Alcohol and Food Pro ducts Are Chief Surferers; Money Rise Also Factor. Provisions. l,ocaf jobbing quotations: HAMS All islzes, 4044c: skinned, 39 45: ; picnic, 2flc ; cottage. 3Sc. LARD Tierce basis, 25c; compound, 24c J per pound. DRV SALT Short, clear backs. 2529c pr pound; plates, 23c. BACON Fancy. 48 56c; standard, 35 46c per pound. Hides and Pelts. HIDES Nominal, on account of unset tled conditions of market. FKLTS Dry pelt, fine and medium long wool, 20c ; dry pelts, coarse, long wool, 10c. Hops. Wool, Kt. HOPS 1910 crop. $1 per pound ; 1920 contracts, 10c; three-year contracts. 45c average. MOHAIR Long staple. 35c per pound. TALLOW No. 2. 8c per pound. CASCARA BARK Per pound. Old peel, 12r; new pel. 10c per pound. WOOl Kastern Oregon, fine, 30$54c; valley, medium. 35c per pound. GRAIN 13AOS Car lots. 21c coast. Oils. LINSEED OIL Raw, barrels, $1.83; raw, drums, $1.J0; 1 ,iw, cases. $1.!8; boiled, barrels. $1.S5; boiled, drums, $1.92; boiled, cases, $2- TURPENTINE Tanks. $2.16; cases. $2.31. COAL on, Iron barrels, 14Q17c; cases, 27r34c. GASOLINE iron barrels, 23;c; tank wagons. 115 c ; cases, 3Sr. FUEL OIL Bulk. $2.10 pr barrel. NEW YORK, Juno 7. Attention of fi nancial as 'well as speculative Interests today was divided between Chicago and Washington, with consequent neglect and uncertainty In the stock market. Chicago advices regarding the repub lican convention were eo confusing as to leave Wall street In greater doubt, while traders evinced little Inclination to buy or. sell in view of Impending decision by 1 the United States supreme court. As a result stocks were tossed to and , re within moderate limits, although ship pings and several less prominent special ties moved mainly to higher levels with favorite steels and equipments. It was not until the final hour that word came of the action . of the supreme court upholding the 18th amendment and the VolHtead act. - This, was the signal for a moderate selling movement, which ef faced most gains, the market closing with a neavy tone. United States Industrial Alcohol and United States Fdbd Products, which came more directly within the scope of the court's rulings, closed at losses of 2 V4, points and i of a point, respectively, while representative industrials and rails record ed net declines of a fraction to three points, bales amounted to 425.000 shares. Another factor in the late reversal in the market was the sudden rise of call money to 10 per cent, after having been loaned" freely during the greater part of ine session at 6 per cent. Further rigid tendencies in time money caused little sur prise because of the unsatisfactory credit conditions disclosed by the local federal reserve banks. Angle-French fis were again the eut standing features -of an irregular bond market, selling at &9 6-16, a new high for the current movement. Liberty Issues and the general domestic list tended lower. Total sales, par value, $16,775,000. Old United States 2s and 4s lost a quarter ner cent on call. I outset. Absence of selling pressure, how-' ' ever, annn 14 t m. material imtiirn with I gossip current meanwhile that the car supply had not been augmented. On the other hand, during the last half of the day attention focused principally on signs that heavy shipments from Missouri river terminals had been arranged. It was also reported that Argentine corn was being purchased on a big scale at the United State seaboard. Oats went to now top pricas for the season. Receipts continued scanty. Packers' selling of lard weakened all provisions. Tho Chicago market letter received yes terday by Overbock s Cooke company of Portland said: Corn The volume of trade was quite meager throughout the day and although one rally in. sympathy with oats advanced the market about X cent above the pre vious close, the tone was generally weak and the tendency downward in response to a plethora of bullish new. l ne out side markets for cash corn as well as wheat were sharply lower on large re ceipts, while locally thero were less than expected and snot values held compart lively well. Among the Items contribut ing to the decline tn futures was a mes sage from New Tork telling of some fair sized purchases of Argentine corn to come into the country- at Sl.GSl.60. New crop reports were very favorable. Consider able corn 'waa carried over unsold In southwestern markets today, and if re ceipts at those points continue in excess of the demand it is likely that Chicago will receive rrerlnss or corn 10 come hero, which In turn would no doubt be reflected quite readily in a lower future market. ' Oats July was clearly the feature, showing further indications of tightness HOGS UP HALF DOLLAR SHEEP ARE LOWER AT XORTH POKTIiAJTD STOCKYARDS. K steers. 1 steer. . I steers. ciui. . ...... - , , . o -! ,. inui.r. i!f in of easiness with No. S wnue neia i ' r:" ,0 ,5 J as cents over July. This situation oe. UT steers. 1000 JO not .peak well for shorts in the nearby J TT Vo ceitveries. tunousi - tember. representing a new crop, soems lenty high enougn. Uauns ruiures ran icu . CORH. HiRh. 1.60 V, OATS. .ToTy 9 "," Sept T8Vi .iva .10a .ion 1030 1 (I.B.I 1'JHS 10.65 10.1 1 0.5D by advancing to a new high price on the 26 steers. lm jj.jjil aijb 1 r . , ,. I 111 . . ntj-i in Kn 80 O0 8.60 13 steers. 86! 9.50! 7 steers. 10O0 B.75 5 steers. 798 9.00 8 steers. 1281 11.80 3 steers. IIVJS IO.SO 24 steers. 1147 10. 48alers. 1171 11.00 fly. Sept. CLOSING STOCK QUOTATIONS. July. Sept- July. . Sept. . BEEF PRICES DECLINE NOT FAR FROM tKVKL WHEX WAR STARTED. Am Beet Sug. Am Can ..... A m Car Kd v Am H & L pril Am Int Corp. . Am l.oco Am Sm & Rtg Am .Sugar . . .. Am Sum Tob.. Am Tel A Tel. Am Tobae See Am Woolen .... Anaconda Cop tchifeon OtWI8S Sales. SOI 8(10 000 2"0 S, POO 4.7O0 1.000 2,fi00 1.X00 UXl 7,400 600 bOO SOU 9.000 Baldwin l.oco. 20.!(tO Exports ot Pork Increase New Zealand Frozen I. a nibs Affect Domestic Market. "Wholesale prices of beef, continuing their decline during Alay, decreased from 3 to 5 cents a pound throughout the coun try and at the end of the month were not far from the level prevailing when the United states entered the war three years ago. Livestock producers are losing money on their cattle and many packers report losses on beef. At the beginning of May the prospect indicated that the conditions arising from the railroad strike would be restored to normal, with a fair trade and satisfactory prices. But accumulations occurring dur ing the strike exerted a depressing Influ ence on prices practically throughout ILay. Other depressing factors were importa tions of New Zealand lambs shipped here by the British government and an over- supply of dressed beef in eastern markets. These circumstances, coupled with de clining values for hides and fats, were reriectea in iower prices for cattle. Re ceipts were fairly, large and the cattle were unusually heavy, with the result that me supply or beef has been quite large relative to demand. Wholesale beef prices furnish an interesting contrast to the price Bait & Ohio Beth Steel B. . B & S Copper. Calif Petrol . .. Canadian Pac. Cent Leather. Chand Molora. flics & Ohio .. Chi M St P. Chi N W Chi H 1 &. Pac Chino Copper. Col Ku & Iron Corn Products 10.2OO Crucible Steel. 10.000 Cuba Cane ug 2.100 Krie fno Gen Klectric .. 3oO Oen Motors .. 18.500 it No pfd .... 1,(100 Illinois Central 100 In.-jpir Copper. Inter M M pfd Inter , Nickel.. Inter Paper. .. K. c (southern. KennecoLt Cop ouis & Nash . Mexican Petrol Miami Copper. Mid States Oil 10,500 Midvale Steel. 3n0 Missouri Pac. Montana Pow. N Y Central.. N Y N H & H Norf & West.. Northern Pac. Ohio Cits Gas. Ok Prd ; Rfg Pan-Am Pet.. Pennsylvania . Pitts & V" Va, Ray Con Cop. Reading Rep lr & Steel Royal Dutch.. Shell T & T. .. Sin Oil & Rfg Southern Pac. Southern Ry . . S O of N J pfd Sturlebaker Co 1 nestic make and mold Is very bad. The trend in many other commodities. close of the week showed little range in 1 prices between markets but the tone was All unsettled STRAWBKRUY PRICKS EASE OFF Receipt Are Ijirger and Weather Is Against Trade. The weather did not favor the straw berry market. Receipts of locals were the largest of the season and this with the rain made prices weaker. The top quoted on Hood River Clarks was 6.o0. The best local Dollars sold at $0.50 6. Bing cherries from California made their appearance and sold at 274 2S cents a pound. Cantaloupes were steady and un changed. Watermelons are due today. A car of Florida grapefruit arrived and cleaned up promptly. Another car is due this morning. Egg Receipts Lighter. Egg receipts were light and prices were reported unchanged. A car of eggs is en route from Kansas. There were no new developments in the - butter markets. Cube extra sold at 4 een ta. Poultry receipts were fair and the mar ket was weak. Hens sold lower at 26 eenta for large sizes. Dressed meats were unchanged. Steady Decline In Visible. The American wheat visible supply com pares as follows: June 7. 1020 June S. 1010 June 10. H18 June 11, 1017 June 12. 1016 1.000 6.00 500 200 1.0OO 20O 1,500 300 1,000 100 4.200 200 100 500 3.500 500 7,6(10 100 1,200 200 a. 600 20 High, so, 39H 1404 i'-".i 87'.i 984 60 124 94 X .'.; 9H Ui 70 Ts 167 1 IB'i 3 Us 91 U 23 'i 29 t. 114 v 65 132 57 '4 o4', 81 Vj, 37 U Bushelfl. Decrease . .35.050.000 1.842.000 ..15,826.000 7.S76.00O 821.0O0 320.000 ..23.S55.O0O 5.041.0O0 ..4-1.203.000 260.000 The corn visible is 2,6iy,00O bushels, a decrease of 61.000 bushels. Oats visible Is S.241.'00 bushels, a decrease of 401.000 bubhels. Rye visible Is 9.311,000 bushels, a decrease of 2.3U.00O bushels. Barley visi ble is 3.234.000 bushels, an Increase of 11,000 bushels. Bank Clearings. Rank clearings of the northwestern aities yesterday were as follows: Clearings. Balances. Portland 7,072,79l $1,340,148 Seattle 7,080,303 2,270.189 Taooma 804.265 206.549 Spokane 2. 732, 374 1,037.374 rOKTIAM) MARKET QUOTATIONS Grain, Flour, Feed, Etc. Noon session. Merchants' Exchange. Popular demand for the choice outs of beef still results in an unusually large dif ferential between the price of meat from rorequarters (less expensive) and meat from hindquarters. This spread has nar rowed slightly but nevertheless remains abnormal. An improvement in the foreign exchancre situation at many continental points re sulted in more export trade in pork to the continent than has been the case for sev eral months. Inquiries ran more to meats than to lard. There were no very large orders and the improvement is slight, but the outlook for export trade to the con tinent is certainly better. For example, prices In francs, which seera ridiculous to the foreign buyer when francs are ex changeable on the basis of 17 '-a francs to the dollar, seem more nearly reasonable when francs are quoted, say. at 12V1-. The British were practically out of the trade during May, with the consequence that the premium on light hogs the kind sought by the British was gradually wiped out. 1 The present high price of corn may re sult in free marketing of hogs by the farmers. Present hog prices, some farmers feel, do not Justify the payment of the high prices demanded for corn. Further more, the high price of labor, corn and other feed also has resulted in a noticeable reduction in the quality of hogs, many farmers being unable to feed corn as freely aa normally. A decline in quality is to be expected at this time of the year, but the loss in grade is greater than is usually the case. The credit situation may have played a part in the decline of quality. Kronen New Zealand lambs shipped here by the British government have depressed both beef and lamb prices. Since the do mestic trade is not accustomed to han dling frozen lambs, the imported lambs have sold at lower values. This reacted sharply on the price of California lambs. The first California spring lambs of this Texas Co Texas Pac. . Tobacco Prods Tranfccont Oil. Union Pac . . . U S Fd Prods. V S Ind A 'CO.. U S Retl Strs. IT S Rubber . . U S Steel do pfd Utah Copper. . Westing Elect Willys-Overlnd 500 200 800 H0O 8(rt 1.800 600 900 12.600 4.200 200 600 ' 200 2,200 600 200 S.100 . 1,000 1.50O 3.SOO OOO 4.500 OOO 9.500 4.600 1.800 1.200 1.6O0 13,800 700 1 5. 6OO 1.2O0 300 900 2.700 94 74 139 Z 49 Vi 12 144V4 27; 72 8 4 52 H 89 18 7R4 14 27 100 179 20 M 42 i 25 B2. fV 1-', 20 8Si 73 Ji "4i 103 '4 39, 2S14 17 83 4 91 -4 114 76 324 23 3. 101. 69 i 48 H 41 'i 72 ' 14 11474 65 85 s::4 95 1- 93', 10' 69 4. 50 V, 18.4 Low. 90 38 '4 158 92 86 96 50 '4 122 87 '4 9t?4 57 97 5614 79 '4 13, 1144 Kl, 894 23 29'4 1 1 3 Vj 65 I, 129 51 U 33 5 81 364 SlU 32 14 93", 135 49 11 14 143 44 26 71 84S4 52 '4 87 '4 174 15 100 175 "4 20 '4 284 42 61 68'4 a4 8St 73 38 4'i 100 Vs 39 2SVi 17 82 W 89 113. 73 31 92 '4 22 4 100', 67 4 47H ' 40t 70 13 i 113 63 i 82. 81 9:: '4 9 2 '4 106 69 Vi 50 18 Vi Lsst Sale. 90 39 'i 138? 92 86 96 59 S 122 '4 87 U 944 57 '4 97 564 10 1 63 4 114',i 31 Vj 89 4 2.1 2914 1 1 3 65 '4 129 51 33 S 36 3 32 Vi 93 V 136 V 4 12 144 V4 28"4 71 84 4 5 87 Vi 17 77'4 10 27 100 1754 20 Vi ' 42 H 61 68 29 V t84 73 38 4V4 101 V4 39 28 V4 11 824 89 4 113- 75 4 314 92 22 is 100 67 -V 47 40 70 14Vn 113 '4 64 82 i 81 '4 9S'- 92. 106 94 50 18 Jury. CDt. Cash prices were: a- , v-n 1 northern sDrinar. S2.9503 No. 2 Northern spring dark, xj.tu, io. i mixed. J-'JO. . 1 " n -vo -' mlxea. 11.vom.no o. mixed, $1.95 1.96; No. 2 yellow. l.WoSB 1 ,! Oats M). wnue- ai.jiD wi-11 va . 3 white. $1.141.15Vs. . Rye No. !-. J.O. Barley $1.53(1.55. Timothy seed 1012. Clover seed $25 6 35. Pork Nominal. Uard $20.15. Ribs $17.aoiS'18 .88- SMALL rXQl'IBY IN CERKAL MARKET Open. $1.72H 1.594 T.OW. .704 1.56 Close. $1.7 Hi 1.07 , Wt. Price. 460 7.00 207 11.25 395 7.00 150 13.00 190 8.00 222 8.00 140 13.00 136 12.50 161 12.50 H7 8.00 130 13.00 14X0 8.00 MESS PORK. Nominal .... .... 33.45 34.80 35.00 34.79 34. 1O LARD. 20 90 20.90 20.62 50.65 21.S0 21.75 21.50 21.50 SHORT RIBS. 18 30 18.30 18 07 18.07 18.97 18.97 18.$2 18.82 Wheat Bharply Lower at Esotera Points; Coarse Grains' Blow. The market was very quiet yesterday with the undertone barley steady. Ail erades of soft and hard wheat were quoted at $2.80. At Minneapolis, cash wheat was 30 cows. fullv 10 cents lower ana oias were xi cents 1 1 cow. lower. t .-. i, Tun m i n were slow on the local board. July corn bids were up 50 cents cows. . 1012 10.WI I o hoJs;j and JUiy oats aown ov cenu, uinnr oiui were unchanged. wentner conuiuou in ins m u : : I IS cows were generally lavoraoie. apnngiieiu, in., 1 1 cow . . reportea corn planting compieiea. 1 Cows.. 763 7.001 Fancy Grass) Cattle Sell at Grain. Ted rrlces Kuo for Day Is Large. There was a good run at the stockyards vesterdxv. particularly of cattle. A tutai of 107 loads were received. The cattle market was steady, so far aa the better grades were concerned, out me Iaw.. era H tm drairzrcd. A feature of the dav's trading was the sale of a bunch of tAt horn A nf s-rsss steers at $ 1 1.73 and $12.25 or grain steer prices. They were shipped in by J. A- Wilson of Waterman. The hog market was firm and averaged 50 cents higher, with $15.04 aa the top. Sheep were weak and yearlings and wethers were quoted 00 cents lower. Lambs were un changed. , Receipts were 2209 cattle. 166 calves, 12S0 hoga and 1775 sheep. The day s sales were as ioiiow Wt. Prlce.l 13 steers. 980 $ 9. ,11)1 1 calves. 16 steers. 906 B.nu,! caives. 1 steer. . ;io u-uo 7 steers. 1007 '19.65 1 calf 15 steers. 1014 10.65 S calves. calves 1 calf. .., 13 calves. 6 calves. 4 calves. 2 calves. 1 built ... 1 bull. . . T bulls... 7 bulls. .. 1 bull 2 bulls. .. 2 bulls. .. 3 bulls. .. 1 bull 2 bulls. .. 7.73 2 bulls. .. la Lpuua, J. bull 1 bull 1 bull. ... 1 bull 1 bull 1 bull. ; .. 1 bull. ... 1 hull. ... 1 stag. .. 1 stag. . . 10 mixed. 4 mixed. 4 mixed . 3 mixed . 23 mixed. o '.r.:B( nogs. .. lolSol '.Job 924 10.251 -i "OSS- -- 923 10.231 J hogs. .. 838 10.401,.i Jog 846 10.40 V? h8a- 903 6.50I1! hogs. .. 1240 lO.OOl.l hog tci t 0 hogs. 9 00 - 7.00 ho- .. 8.O0 .,t 4 hogs. .. 9:251 ? pe- 8.00 7.00 10.00 8.00 8.65 8.651 8-25 8.0O 9.60 820 10.001 560 7.00! 755 10.00 690 roor: market strati to higher: fairly gooi f spring lambs. $15.50: best shorn lambs. $14.50; choice ewes. $7.50 Q 3. 9 steers. 2 steers. 8 steers. 27 steers. 3 steers. 1 steer. . 1 1 steers. 1 steer 1 steor 8.-.: 855 7.75 1067 10.65 1069 10.5O 810 9.25 580 7.00 948 11.50 11 SO 7.00 1090 10.00 IS steers. 1180 11. 2.V 26 steers. 107'J 11.00 31 steers. 8S8 1 3 steers. 906 10.501 steers. IMS 9.00 10 steers. 1022 10.50 6 steers. 1128 11.35 29 steers. 1002 12 8 cows. , . 987 13 cows. . 941 23 cows. cows. . :7 cows. . 24 cows. . 2 cows. . 1 cow . .. 6 cows. . 5 cows. . cows. . 2 cows. . 12 cows. . 4 cows.. 22 cows. . 5 cows. . 14 cows. . 2 cows. . 6 cows . . 10 cows. . a cows. . 1 cow. .. 1 COl 1030 1877 1131 1370 1270 450 920 920 .1345 600 1210 910 1160 . 102O . 1261) , 1560 , 1100 . 1330 . 1 140 10S0 11 10 473 SG7 547 506 1182 1110 1055 1213 950 918 978 952 970 905 8S2 920 720 1080 2 hogs. .. 6 hogs. .. 11 hogs. .. 5 hogs. .. 4 hogs.... 6 hogs. ..- 1 hog 2 hogs. .. 6 hogs. .. 8 hog6. .. 3 hogs. .. 8 hog. .. Wl ' l , n 1 s-sji! 1 hoS:::: Stocks of grain in Kan Francisco ware houses and wharves on June 1: "Wheat 12,924 tons; barUy, 11.S54 tons: oats, &3 tons: corn, 740 tons; bran. 50 tons; beans. 4S.08S sacks. Receipts during; May: Wheat, oloO tons: barley 0500 tons; oaifli 79 tons; corn, 167S tons: bran 160 tons; hay, tons; beans Hl.olO sacks. Fort William and Port Arthur wheat stocks decreased 962.000 bushels in the past week. Oats decrease 2rl,OO0 bushels. Lake shipments, wheat 1,522,000 bushels; oats 400.000 bushels. The Internationa! Institute of Rome says the world s winter wheat crop Is favorable. but will average 9 per cent below the five- year acreage. The Italian wheat crow Is Indicated at around 148.000.000 bushels versus 188,000.- 000 bushels last year, and 176.000.000 in 1018. In 1918 And 1919 the importation of foreign wheat amounted to 80.000,000 Dusneis. Australian shipments last week were: Wheat to United Kingdom, !83,000 bushels; to continent, 40,000 bushels; to non-Europe, 90,000 bushels. Argentine corn was sold Friday to ceme to .ew lorK at Sl.fiO, June loadings Terminal receipts, in cars, were reported oy tn aiercnant s bxchantre as follows: W ht.Barley.Flr.Oats.Hay. 6 cows . 4 cows. 3 cows. . 8 cows. . 1 cow . 3 cows. . 1 cow . 4 cows. . 4 cows. 2 cows. . 3 cows. . 1 cow . .. 20 cows. . 7 cows. . 1 cow . .. 1 cow. .. 2 cows. . 3 cows . . 1 cow . 4 cows. . 7 cows. . 1 cow . .. 1 cow . .. 5 cows. . 25 cows. . 1 cow . .. 1 1 cows. . 2 cows. . 7 cows. . 1 cow . .. 28 cows. . calves. W1 ! .tl - 532 8:oo!,?P?r 880 4.001 hois" " 819 7.0o ng"": 1010 10.25 ?nn 763 912 826 B6 102O 976 7 SO 797 927 1 230 6.5(11 7 OOl 6.00 6.01) 7.00 7.25 8 00 9.00 ! hogs. .. 2; hogs. BONDS. TJ S Lib S'is. . .91. 50; a,nglo-Kr 5s .99 5-16 do 1st 4s. .. .86.30 A T ; T cv 6s. 94 4S .. lO' Atcn gen 4S ... ;-). .l.74;L R o con 4s. : Portland Monday Year ago . . . Season to date Year ago, . . . Tacoma Saturday .... l ear ago Season to date Year ago. . . Seattle- Saturday .... ) ear ago . . Season to date 1 ear ago . . . S3 ... . 15 4 1 18 4 34 8 2 .8871 194 3944 545 2237 .7519 1108 2824 775 3195 do 2d do 1st 4Vs. do 2d 4 Us. do 3d 4fes do 4th 4', s. Victory SSis . do 4 s U S 2s reg. 85.50' V V C deb 6s. . 89.58! N P 4s .85.70iN P 3s .95.921 Pac TAT 5s. . .95.92iPa con 4Vis ... 100;sJ p cv 5s do coupon ..'lOOiSo Ry 3s .. U S 4s reg 104V!U P 4s do'coupon ,.l4iiU S Stiel 5s.. Pan 3s reg 77 I r do coupon ...77 Bid. 88 70 i 52 80 85 96V, '80 '. TU 90 V. Mining Stocks at Boston. BOSTON, June 7. Closing quotations: Alloues 30 Old Dora 27 Arte Com lo Osceola 40 Calu & Ariz 59 Vi Quincy 50 Calu & Hecla..320 Superior 5 Centennial .... 12 Sup & Boston.. 3i fop Range .... 39 Shannon IS Kast Butte 12 Vi Utah Con fc'ranklln 2 Winona 25 Islo Koyalle ... 29 Wolverine 18 Lake Cop ... 3, Oranby Con .... 37 Mohawk 61 Greene Can .... 28. North Butte . . 16t Money, Exchange. Etc. NEW YORK. June T. Mercantile paper. 7i per cent. Exchange. steady. Sterling. 60-day bills. S3.85V4: commercial 60-day bills on banks. $3.85 i ; commercial 60-day bills, $3,849. ; demand, $3.89Vi: cables. $3.90. Francs, demand 7.69 cents; cables. 7.70. Belgian francs, demand, 7.99; cables, 8.00. season's crop sold around $19.50 per nun- Guilders, demand, 36 V4 : cables, 30. Lire, dredweight and speedily increased iu price I demand. 5.89; cables, $5.90. until within a few days they were selling mand, z.ol; caoies. o. Clarks, de- as high aa $20.75. Then, on account of importations of the New Zealand product, they declined until they have been selling as low as $17 to $17.50 wholesale. -Bid- June. ..$68.50 67.00 66.00 76.50 43.25 July. $69.00 67.00 66.00 75.50 53.50 75.00 73.50 hard wheat, $2.80 Mill $73 feed. Oats No. 3'white feed Barley No. 3 blue Standard feed Corn No. 3 yellow SAillrun Eastern grain, bulk; Corn Ko. 3 yellow WHEAT Club, $2.80 per bushel. FLOUR Family patents, $13.75; bakers' hard wteat, $13.75; best bakers' patents, $13.75; pastry flour, $11.80; graham, $11.60; whole wheat, $11.85. MILLKEKD Prices f. o. b. Willi run, $5455 per ton; rolled barley, 74; rolled oats. $74075; scratch $9091. CORN whole, $82$83; cracked. $85 per ton. HAT Buying price, f. o. b. Portland: Alfalfa, $35; cheat, $25; valley timothy, $35636. Hairy and Country Produce. BUTTER Cubes, extras. 49e per pound ; prints, parchment wrappers, box; lots. 54c per pound; cartons. 55c; half boxes, Vfcc mere; less than half boxes, lc more; but terfat. No. 1, 51 32c- py pound at sta tions; rertiano delivery. 0.1 c. HOGS Buying price, current receipts, S6c. Jobbing prices to retailers: Candled, 41c: select. 43c. - CHKBSE Tillamook, f. o. b. Tillamook: Triplets, 28c; Young America, 29c; long herns, 29c Coos and Curry, t. o. b. Myrtle Point.: Triplets. 81c; Young Amer ica. 32Uc per pound. POULTRY. Hens, 33$2c; broilers, 280 $84 Coffee Futures Lower. NEW YORK. June 7. The market for coffee futures opened steady at unchanged prices to an advance of 2 points, but after selling at 15.20c for July and 14.91c for September, turned easier, owing to less favorable late reports from Brazil. Sell ing became quite active on the decline, which carried July off to 14.90c and 14.65c for September, and the close was at the lower-it of the day. showing a net dot-line of 28 to 34 points. Special cables report ing a deoline In Santos futures removed any anxiety that had been felt as a result of the rains reported in Sao Paulo toward the close of last week, and there was also selling on the lower exchange rates. June. 14.75c: July, 14.87c: September. 14.57c: October, 14.53c; December, January. March : and May. 14.47c. Spot coffee, dun ana nominally un changed at 15V4&15Vc for Rio 7s and 23 1 V4 c for Santos 4s. Eastern Hairy Produce. NEW YORK. June 7. Butter, firm; creamery higher than extras, 56H57c; creamery extras. 55V65c; firsts, 5155c; packing stock, current make Kq. 2, 40 41c. ETggs, steady. Storage packed extra firsts, 4748o; firsts, 44V446Vjc; fresh gathered extra first, 454p47c;.- firsts, 42 S 44c. Cheese, -steady. State whole milk flats held special white and colored. 30 31c; do. average run. 29c. State whole milk flats current make special -white and col ored. 26Vs27c. " CHICAGO. June 7. Butter higher. Creamery, 425SVic. Egge, lower. Receipts. 19.486 cases; firsts. 89$39Vsc: ordinary firsts. 3336c; at mark, cases included. 37?3SV4c: stor age, packed extras, 41442c; storage packed firsts, 41 V4c. Naval Store. ' SAVANNAH. Ga., June 7. Turpentine, steady, $1.67: sates, 501: receipts, 585; ship ments, 599; stocks, 2126. Rosin, firm: sales, 71S; receipts, 2331; shipment?, 899; stocks, 16,O20i Quote: B. 12.SaW12.65e; TJ. 1 2.809 12.35c: E. F. G, H. 1 and K, 16.5516.60r; M, 17917. 50c; K. 17.25c; WO, 17.50c; WW. 17.74c, New York exchange on Montreal, 11 15-16 Der cent discount. Time loans strong, 6t days, 90 days and six months, 8V4 per cent. Call money strong, high, 9 per cent low. 6 per cent; ruling rate. 6 per ceat closing bid. 9 per cent; offered at 8 per cent; last loan 8 per cent. Bank acceptances. 6Vs Per cent. LONDON, June 7. Bar silver, 54 9, d per ounce. Money. 4?i per cent. Discount rates, short bills, 6 11-16 pe cent; three montns muss per cent. Swift Co. Stocks. Clesinjr prices of Swift A Co. stocks at Chicago were reportea by overbeclt Cooke company of Portland as follows: Swift & Co HOVi Libhv. McN-il Libby : National Leather lli Swift International 8$i CHI MARKET NERVOUS HEAVY SHI P3IEXTS DIVERTED FROM OTHER POINTS. 11 2 7 1 9 1 i 7164 101 3238 ISO 841 5455 49 .... 200 1232 34 1 5 1 ..... 12.... 7 6.161 251 118S 650 1232 -"'94 101 1709 612 2067 Minneapolis Grain Market. MINNEAPOLIS. June 7. Barlev.. 11.24 1.59. Flax. No. 1, $3.92 ',4 ffif 4.01 Vs. Grain at San Francisco. SAN FRANCISCO. June 7. Grain Bar- ' ley. spot, feed, $.1.20(5 3.30 per cental: oats, nominal; corn, $75&7S per ton; rye. nominal. Hay Fancy wheat hay. light five-wire bales. $38 41 per ton: No. 1 wheat or wheat and oat hay, $35&33; do No. 2, $3235; choice tame oat hay, $3740; other tame oat hay, $3337: wild oat hay. nominal; naney nay, nominal; alfalfa hay, new, nominal; old, 33032; stock hay. $293"S. Seattle Feed and Ray. SEATTLE. Willi.. June T Citv ery: Feed, mill, $52 per ton; scratch feed. s; ieea wnear. ?'j: all grain chon. ISO: oats, $78; sprouting; oats, $81; rolled oats. wiiuie com, cracKea corn. $85; rolled baley. $78; clipped barley, $83. ay pastern wasninglon timothy, mixed, $47 per ton; double compressed $51; alfalfa. $46; straw, $18. SAN FRANCISCO fROUICI MARKET 8 hogs. .. nogs. .. 2 hogs. .. 1 hog. . .." 3 hogs. .. 2 hogs. .. 18 hogs. .. 1093 1O.0O 4 h " 500 9.0018B bogs. . 931 8.00 iXi;S. 967 7.25115 hogs. .. 1170 6..-.O137 hogs. .. S50 6.001 1 hog.... 1110 8.75 4 hogs... 940 6.00l38 hogs. .. 910 8.001 1 hog 925 8.75 8 lambs.. 1172 10.00,13 lambs.. 710 9.00114 lambs.. 810. 7.501 S lamb.. 78r 6.OOI71 Jambs.. 921 8.301142 lambs. 1040 7.00I1 13 lambs. 10T3 10.105 lambs.. 1210 9.01) 14 lambs.. 908 10.0030 lambs.. 1010- 8.001 14 lambs.. 898 10.851 6 wethers 136 7.o lou JO.UU U mixed.. lnr. A imi mviskock prices at tne Portland stock yards wore as follows: Cattle Oram and pulp?fed steers $11. 75fl 12.25 cnolce grass jteers 11.hii 1 1.50 C-ood to choice steers 10.5()coill 00 Medium and good steers 9. nixtyiu 50 Fair to good sttiers 8 50S 9 50 Common to fair steers ' 7 75'h) 8 50 t'noice cows ana neirers 9.75$yl0.25 ,uu 10 iiuii-e tows, neirers.. s.7.,l 9.75 meuium to gooa cows, heilers. 7.75(a) 8.7 rair to medium cows, heifers. .75( 7.75 tanners 5.0(1 fi.OO Hulls tiOlUT 8.50 Prime light calves ,.: 12.0041 13 50 Medium light -calvea rionfir.ii nn Heavy calves 6.00 850 .0 T.50 7.00 7.50 7.50 7.00 6.50 6. 50 7.00 6.50 7.25 8.50 7.60 7.60 7.50 8.50 6.50 8.50 6.50 9.50 S.00 7.50 7.00 10.O0 7.00 700 10.O0 203 15.35 470 13.35 410 12.35 250 15.25 450 13.25 1S5 15.25 265 13.25 4 30 13.25 378 13.25 213 10.25 200 15.50 460 12.50 280 14.50 325 14.50 320 12.50 1H3 13.O0 162 15.25 198 15.25 445 12.00 201 15.0O 250 12.50 195 15.00 225 15.5(1 182 15.25 146 14.85 213 15.00 173 15.50 430 12.50 195 15.00 225 15.00 210 15.00 2O0 15.00 253 13.50 355 14.00 305 13.2 175 13.2 75 10.00 148 1 245 13.23 201) 13.00 193 15.00 240 15.00 191 15 328 13.00 317 13.0O 221 15.50 215 15.25 198 15.25 187 15.25 150 10.00 142 15.0O 221 15.25 310 13.50 92 10.OO 86 12.50 64' 11.00 48 9.0O 74 12.50 62 ll.oo 80 12.SO 67 10.OO 64 11.50 73 10.OI Dinhs livestock Market. I OMAHA, June 7. Hogs Receipts, 12.900 head, opening tr-ng to 25c higher, clos ing 2540o hlcaar. Top. $l3.9t; r.uiK. $13.2513.70. Cattle Receipts P500 head; generally 1525 higher on all classes: two loads 1500-pound pulp-fed steers, $14.50, Bulk ef steera. $12013.50; bulk, of ah stock. 9.50 911.25. 6!,cep Receipts, S500 bead; strong. Rest California spring lambs, $16.75; ewes, $8.60. ( Kansas City Uvestock Market. KANSAS CITY. Mo.. June 7. Cattle Receipts, 9800: beef steers, mostly 2550c higher; fine hcavv, $14. eo; cnoice jear linga, $14 25: feeders and southern cattle, mostly 25c higher: other classes, steady to strong: bulk she stock. $8.509.7: vealers, largely tl2.BOM8 25. Sheep Receipts. 50O0; market active; RHeen and clinned lambs, strong: wethers. $$.75: yearlings. $12.50; clipiwid lambs, $14. 60; spring lambs, steady; odd bunches. $16.25: bulk, $15t16. Seattle livestock Market. SEATTLE. Wash., June 7. Hogs Re ceipts. 478; market. 50c higher: prime, $15 15.50; medium to choice. $14 915; rough heavies, $13(313.50; pigs, $12(13. Cattle Receipts. 488; market steady, grain and pulp-fed steers. $11.75 13 -0; beat grass-fed fleers. J11& 11.75; medium to choice, $911; common to good. $7.50 SslO; cows and heifers, $9.75 1 0.25 : me dium to choice, $S.75ij)9.75: common to good. $6.59gi 8.50; bulls. $67.50; calves. $7.5O15.50. Metal Market. NEW YORK. June 7. Copper, dull. Electrolytic, spot, June and July, 19c; Au gust. 19'ic. Iron, steaoy. Km. x isortnern. ., ro. -Northern. $48; No. 2 Southern, $13044. Tin. steady. Spot, June and July. 49c; antimony, 9c. ' ' Metal exchange quotes lead aulet. Spot and June offered at 8.90c. Kinc. easy. Kast St. Louis delivery, spot 7.40c bid. 7.750 asked. ervice to Investors THE first essential in bond-bnying: is confidence in the reliability of those 'with -whom you -deal, vouching: for that in which you deal. Many of our clients state the size of their purse, indicate in outline what they wish and leave the selection of the investment to us. Our tax exempt Northwest Municipal Bonds Yielding 6 to 7 never disappoint, but always prove a wise, profitable buE, Let us explain to yon about some of onr Issues, such as Kelso, Wash- Ontario, Or- general obligation, and Rupert. Idaho- spe cial assessment bonds. We Are at Tour Service Any Time CpTa. OmcMiluOn -Doha Morris Brothers ins cTieePremiercMunicwalondrHou39 Morris Bids- 309-11 Btark f. Bet. Flftfe sad Sixth Telephone Broadway 131 OvtnQiMKrot Dried Fruit at New York., NEW YORK, June 7. Evaporated ap ples, steady; Californlaa, 1215e; stale. 13t1S4c. Prunes, steady; California. $-?29c: Ore gon. HVi 22o. . Peaches, sreaay; tanoara. n t f . choice. 1820Vic; extra choice and fancy. 13 22c. AUTO HITS STONE BRIDGE O. C. Goss, Centralia Business Man, Seriously Injured. CENTRALIA, Wash., June) 7. (Spe cial.). C. Goss. Centralia business man, was seriously Injured yesterday at Tumwater when his automobile crashed into a concrete bridge. It required 20 stitches to close cuts on Mr. Goss face. Arthur J. iiaycox. Mr. Goss" partner, who- was also in the car. was not Injured. The ma chine was badly damaged. Saturday afternoon tne anto trucKs of J. H. Andrews and the Co-opera tive errocery collided in the business section of the city, and this morning there was a -rear-end collision be tween the cars of J. B. Johnson and 12. K. Baelev. Nobody was hurt in either instance. DAILY MBTEOROIXGlCAL RKPOR.T. INDIANS RESUME FISHING Run of Salmon at Prosser Dam Largest In T-Pmrs. PROSSER, Wa.h., Jan 7. (Spe cial.) Indians have been allowed to resume fishing; at the Prosser dam. although whites are barred. The same warrlen compelled the Indians to dis continue fishing- Monday and Tuesday of last week, when the largest run of suimon in vears passed the dam. Dur- ng the run hundreds of people jour neyed dowiWLo tho dam to witness the spectacle. It looked almost as though one could crosa the water without Setting wot ftrct. The vanguard of the bis run made its appearance down the river the last of the week and many were taken out between Richland and Klona Benton. One rarp- vHh a larg seine is said to- nave taKen oeiween t w una uu at ono draw. Others were in the water with rlubs and pitchforks. PORTLAND. Or.. June 7. Maximum , m.m ,i.r. tur. Kl rlecrreeR- minimum tent nerature. &4 defrrees. River reading, 8 . .f.. 10.2 feet: chance in last 24 nours. o i.foot riso. Total rainfall to P. M. to o P. M.. .58 inch: total rainfall since Sep tember 1. 1910. 31 93 inches; normal rain fall since September 1, 42. oS inches; defi- riAncv of rainfall since September 1. 1010, In.ra Inches. Sunrise. 4:21 A. M. : sun set, 7:50 P. M. ; total sunshine. 1 hour 40 minutes; possible sunshine, 15 hours ::a minutes. Mnonrlsc. 11-.M5 P. M.: moon- set 10:04 A. M . Barometer (reduced sea level) 5 P. M.. 20. SO inches. Relative humidity: ." A. M. ir, per cent; noon. per cent; 5 P M.. 6i per cent. THE WEATHER 3 10. OO 81 i2.r.h be professor f freologrr tho uni versity the cominsr school year to take the place left vacant by Xr. W. D. Smith, head of tho department of peolog-y. Dr. Smith -will spend next year In the Philippines on a year's leave of absence. He will do erp fecial peolojrlcal research work there for the Philippine jrove-r nmfnt Archbishop of Melbourne In IT. S. SAN FRANCISCO. June 7. City of ficials, members of the Catholic clergy and delegations from Irish so cieties in California assembled here today to ereet Most Rev. Daniel J. Mannlx. archbis-hop of Melbourne, Australia, following his arrival on the liner Ventura. ArchbUhou Man nix is on his way to Rome. Geology Professor Nanit-d. UNIVERSITY OF OREGON. Eugene, June ,7. -(Special.) Edwin T. Hodge, professor at the University of Brit ish Columbia. Vancouver. H. C. will Ask' for our Income Tax Chart which will assist you to intelli gently choose between Taxable and Tax Free investments. This information is of great value to investors and will be mailed to you simply for the asking. Q Sicond Pux&Qb0 Main 64-6 . Fj l NORTHWESTERN BANK BLDG. g tj Wind o3 2. ; d 3 a f- 2. T 3 I o - a j ; o o J " o ? Weatner, stations. 3 : : : 5 o . 5 : " S 3 : " : ; Mi M Baker Boise Boston . . . . Calaary . . . Chicago . . , Denver Ho9 Prime mixed .... Medium mlxea . . Smooth heavy . . . ltouh heavy .... Piss Sheep La mbs .......... Cull lnmbs ...... Yearltnss Wethers Ewes 15.00il5.r0 14. .'.O'er l.-.00 1 l.on13.f,0 lO.OOS 11.00 11.00 13.30 12.00 12.50 8.00010.00 7.0(1 8. 0 ft. 00 4s 7. no 3.00 7.50 Cliioairo I.itcsrock Mari.et. CHICAGO. June 7. Cattle Receipts 11. 000 head. Beef steers. 2.ro to COc higher. Prime heavy, $15.50; many choice aleera. $14.S515.25; fat cows and heifers, mostly 25c higher; canners and ealves steady with bulk vealers at $1314; bologna bulls, slow; beef gTa-les, strong;; stockers and feeders, 15c to 25c hig-her. Hogn Receipts 24,000 head, rully 25o hig-her; big- packers buying- aparing-ly in morning hours. Top, $14.70; bulk light and light butchers. $14. 50-14. B5; bulk, 250 pounds and over, $13. 5014.30; pigs steady to .ie nigner. Des Moines .1 2 Eureka Galveston ... Helena ' tJuneau .... Kansas City. L.oh Anfteles. Marshfield . Medford Minneapolis . New Orleans New lork 4-! 7O0.O0!..jV ifloudy 52i SO'O.liOl. . NW Clear 32 Os:o.OO . JNW Pt. cloudy .. 70 O.0O 12 NVPt. cloudy 60! so;0.00;14;sW Clear -lit- urt AiV iviir finnriv I K- ;o!:toi! !'sV IClear SK IRain 2 1 . 74' S4'0.0o:.. SK IClear 481 S0 0. 00'. .INW Cloudy 42i'54O.00i. . I Rain 04! 84 0.54,10 S IClear CO1 74 U. 00,12. SW 'Clear 52 02 l.li:. JSW Rain 54 ...'.. 60: 84 0.00..IW IClear 72! 81! O.OOj. JNWIClear r.41 OS O.OOi . .iNW'Clear North Head. I SOI 540.2S2US Itam Phoenix I Ofijioo-O. OOl.. iNW Clear Pocatello .. .1 2! 84 0.0O . . S linear Portland ...I 54 B10.SSI..!S iOloudy Krt1 ' 0.48'. .'SK Rain 541 7S O.0O 18 SW (Oiear 02 S2iO.OOilOjS Clear tV4l SS'o.Ool . . SW JClear 601 OS 0.OO10 NWiCiear 54i 6S'0.OOil2 SW (Pt. clondy 52i 04 0.24 14 S IRain 421 54 0.04'..! iCioudy 52l 4 0.08I..!SK Cloudy 52, 64i0.12ll0iSW Cloudy 501 54 0.102SS lc;oudy . tValdez I 42i-i.4iO.aoi. .is v. u.l Washm"tonB M TS'oSio" W j Clear w"nln ... 2l 80 0.02 ..!E Pt. cloudy Yakilila .... 52! 70 0 1 o; - iN W 1 Rain Roseburg Sacramento . St. L,ouis . . -Salt Lake . ., San Dieso . S. Francisco. Seattle Sitka ..... Spokane Tacoma Tatoosh Isld tA.. M. inB day today. P. M. report of preced- DUth- - PORKCAST3 Portland and vlolnlty-Showers esterlv winds. I oreaon and Washington Showers; moo Sheep Rueip-.s. 12.000 head: quality, erate southwesterly wind. Barley-- Only . Cereal Affected Supreme Court Dry Decision; Oats at Season's Record. b, CHICAGO.' June T. Reports that much corn was being diverted to Chicace from Omaha, Kansas City and St. Louis had a bearish influence today on the corn market here. Prices closed nervous, lc to 2Tic net lower, with July $1.714 to $1.71 and September $1.57 to $L57S. Apparently thei supreme court dry deci sion did not affect the value of corn or anv other grain except barley, which closed 41,c to Sc a bushel lower. Oats finished a shade off at lfec advance and Drovisions at a decline 01 10c to ooc. Owing chiefly to the fact that receipts tn Chicago today were a little larger than had been the rule 01 lata, tha eorn mi ket showed somethinc of a setback at the Price Current en Vegetables, Fresh Fruits, ttt., ai Bay City. SAN FRANCISCO, June 7. Butter Extra grade, 54Vc; extra firsts. 52 He Egs Fresh extras, 43Mc; firsts. 41c; extra pullets, S7Hc; undersized. 32c. Cheese Old-style California flats. fancy, 29c; firsts, nominal; Young Amer icas. 28 Vic. Vegetables Beans, 19'$ 13c per pound; bell peppers, 15&20o for large sixe; Chile. 2530c: tomatoes, southern Cali fornia fancy, 11.504 J; potatoes, old crop, 9Vfcu10Ve per pound; new white. 8Vfc&ac per pounds; do. Garnets. 8(9c; onions. Crystal White, $141.25 per crate; new red, $1&2; Australian brown, per cental, $'J.S0$p7; cucumbers, natural growth, $1.5001.75: hothouse. $22.50; fcarllc, 20tcU0c per pound: asparagus, Stt 10c: fancy graded, ll12c; green 'as paragus, 69 7c; green onions, 51 50 1.75 per box; celery, per crate $24; fancy. $4.006.00; peas, per pound, 304c; Halt Moon bay, 66c; carrots. 13.5002; beets. tv: peas, per pound, 2Htr3fec; Halt Moon oay, c; carrots, j.o0(ra; beets, $161.50; summer squash, per crate. $1 1.35; Italian. $1.40 1. U0; turnips, $1.S5 1.50: green corn, 50 (it 75c. Fruit Strawberries, 8-oz. baskets. 40 $0o per drawer; 12-oa Baskets, 7&eG$l.U5 per drawer; raspberries, $J.0O per crate; blackberries. $2.503.00 per crate; logan berries. $1.00 1.15 per drawer; oranges. navels. $4.00p6.50, according to size; Valencias. $4.50 5.25; lemons, $3.25S.OO; grapefruit, i:.uosfa.lu: lemonattea. $2.00 U'i.50; bananas, central Americans, hqvc; Hawaiian. 10c per pound; pineapples. $4.0004.00 per dozen; apples, Newtown Pippins, BH-tler, ...oW3.ou; 4-tier, $3.00 3.50; 4H-tier, $2.50i2.75: New Astra kan, $3.00 per box; aprioots, per pound, 12V4e: per erate, $2.2502.50; cherries, black. 10014c per pound; $1.5001.75 a drawer; Royal Anns. 12V17VsC; soft white. 7010c; cantaloupes, standaods. $5.50 6.00; ponies. $4.5005.00: do. flats. $2.25 02.60; peaches. $1.50fl 75 per box: $1.85 02.00 per crate: $1.8502.25 per Los Angeles Ituj; $2.0002.50 per baakeu plums, $2.0002.50 per Los Angeles lug; rhubarb, $1.7502.25 per box; mushmelona, $5.00 per crate. . Receipts Flour, 4000 quarters: barley, 160 centals; hay. 1076 tons: beans, 862 sacks; eggs. 97,880 dozen; hides, 26 rolls; potatoes, 292 sacks; lemons and oranges, 300 boxes. . Hope.. Etc, at w York. NEW YORK, June 7. Hops, quiet; state and Pacifio coast; 1919, 0acfl.0a; 118, 9O0n5c. Hides and woll, unchanged. High Yield and No Worries Attached There are no worries about whether the interest will be v paid; No worries about titles or taxes or business conditions when you invest your funds in long term Municipal Bonds Income Tax Exempt Let us assist you in selecting your bonds. ( , Columbia Irrig-. Dist., Wash. Prineville, 0r.F Fundings ... Pocatello, Idaho, Impts...... Scio, Or., Water & Light Rate Maturity 1931-39 1934-38 1927-29 1933-40 hiiiibensiai BONDS TRUSTS ACCEPTANCES . Lumbermens Bldg. . 6 . 6 . 7 . 6 Yield 6.25 . 6.00 6.50 Co XTtsb.ai.' errv tlKr American Light & Traction Co. Five-Year Six Per Cent Gold Notes THE notes upon issuance will carry detach able warrants entitling the holders to purchase within the periods below fixed, com mon stock of the company in the ratio of two thirds of one share for each $100 face value of notes at $142 per share on or before May 1, 1922 $147 per share thereafter to and including May 1, 1924, and $152 per share thereafter and including May 1, 1923. The range in quotations for the common stock of this company during the past ten years has been from $125 to $450 per share. This issue of $6,000,000 Five-Year Six Per Cent Notes constitutes the sole funded debt of the com pany. The equity is represented by preferred and common stocks having a market value based on present quotations in excess of $40,000,000. The fourteen operating companies have been in existence from twenty to sixty years and show an uninterrupted growth. Circular describing this unusually attractive offering will be sent on request for OR-036. Price 94.75 and interest to yield oyer 7.25 The National City Company Correspondent Offices in more than 50 Cities. PORTLAND YEON BUILDING Telephone Main 6072 The above .state lente are based on information de rived from, official sources or those which we rejrard as reliable. We do not guarantee, but believe them to be correct. . FACTS 5S0 ; CONSTRUCTION COSTS INCREASE x Estimates made by the Massachi setts High- way Commission iiijdi- K cae that 1 today is J. required to build the same amount ot road ! which could be secured in 1915 for 45 cents. Even with this 100 per cent increase it is S found to be best and J most economical to pave road, street or nignway wiin X WARRENITE BITULITHIC HALL & COMPANY BUT AXD SELL, Railroad Public Utility . Industrial Municipal BONDS YIELDING 5 to 7 . W.RRF. BROTHERS - lOMI'A.M. Foreign Government Loans Iocal Securities Preferred Stocks Lewis Bldg., Portland, Or. -1- O U - s is i !