TIIE MOUSING OREGONIAy, WEDNESDAY, . JUNE 30, 1920
1
. '
1
r i
wCASCARA BARKPEEL
HEAVY THIS SUMMER
Year Ago 12,000,000 Pounds
Obtained in Northwest.
PRICE HIGHER THAN USUAL
Good Market Exists and Peelers
Io Well In Coast Counties
of State.
Very tew persons in Oregon realize the
Importance of the cascara bark industry.
As the weather is becoming better and
people are making for the woods for their
yearly vacations, bark peelers are getting I
, , '
busy. 6ome combine1 business with plea- t
are and make enough money by peeling
cascara bark to more than pay their vaca
f tlon expenses. Others make a business of
v gteellng bark. The sap la running In the
trees now and bark peeling Is In full swing.
"Last year over 12,000,000. pounds of
' Cascara bark was produced in Oregon and
Washington," said George M. Sullivan of
the Sullivan Hide & Wool company, one
of the largest bark firm in the north-
-wee. "It grows only In Oregon. Washlng
j ton and British Columbia and northern
California. As this bark brought an av
v erase of 12 cents per pound to the peelers,
the year's accumulation brought nearly a
mil l ton and a half of eastern dollars to
. the states of Oregon and Washington. This
- year the peel is, from all indications.
i going to be very large, and while we do
not look for as large a production as last
season, which was the largest in history.
we are sure that the average price for
the season will be around 10 cents. This
la the price generally being paid today for
new bark, although in some cases a little
more money can be had for good lots of
dry. clean bark.
I "There seems to be a good early de
1 roand this season for the bark from east
f ern drug concerns. The export demand,
which in former years came principally
' from Germany and England, is nil, on
account, principally, of the exchange sit
uation, but. as this is gradually lighting
' Itself, with the pound sterling around $4.
business with England in cascara bark
? should result, which would have a stimu
lating effect on prices. The normal price
for cascara bark is around 5 cents to 6
f cents. . At the present price of 10 cents
i to 11 cents, good money can be made by
anyone taring to get a little recreation
t In the Oregon woods. Bark Is plentiful
in some sections, particularly In the Till
amook country, and in the Grays Harbor
section of Wasnington. There is prac-
itically no limit of the amount of this
i barK that we can use this season, as we
I have orders and more orders for It coming
every day."
JILV OATS BIDS
ARE
LOWER
Other Coarse Grain Offers Unchanged on
Loral Board.
The grain market continues quiet local
ly. At the Merchants' Exchange July oats
were 50 cents lower and other bids were
the same as Monday.
Weather conditions in the middle west,
as wired from Chicago: "Rains reported in
northeast Missouri and western Illinois,
around St. Joseph. Mo., and all over Ne
braska. Raining in Chicago and vicinity,
raining In eastern sections of Iowa. Na-
braska and elsewhere clear to part cloudy;
scattered showers last nght in Kansas and
Nebraska. Forecast: Illinois, Missouri,
Kansas, Wisconsin, Minnesota, lows, gen
erally fair tonight and Wednesday; not
much change in temperature, except in
Illinois, near lakes cooler. North and South
Dakota probably showers tonight and
Wednesday, warmer. Nebraska fair to--nifrht
and Wednesday."
Terminal receipts, in cars, were reported
by the Merchants' Exchange as follows:
Portland
Wheat Flour Barley Oats Hay
Tuesday .... 70 ..
Teer ago .... 7 2 1-
Sea n to date.l57! 202 4045
. Year aeo 7744 1120 Mult)
Tacoma
Monday . 6 .. 26
2
2
2
5S8
806
2316
32U5
Year aso
Scan to date.74Jt
Year affo ....J'55
116 3376
49
IBS
203
Rfit
1246
Seattle
Monday
Year ago
Fea n to date. 6014 257
Tear ago MM 1KI
1209
1281
649
1253
2597
GOOD HAT CROP IX ECROPE.
Wheat Prospects in Moat Countries Are
Generally Fair.
In western Europe, according to Broom
v hall's cable, the hay crop is excellent, but
finer weather Is needed for gathering. Rye
conditions are generally favorable in
Sweden and France, while in Germany
there will he an average crop and In
Poland and Czecho-Slovakia prospects arej
'. 'very pessimistic. w neat crop coaaiuons
are summarised as follows:
Germany and Bulgaria Outlook for the
wheat crop generally can be considered
favorable.
Sweden Prospects are for an average
jrirld of wheat in this country.
Untied Kingdom, Itals. Poland, Czecho
slovakia In each of these countries the
wheat has been more or less damaged by
the extreme heat.
France Cereals promise well.
Spain Crops are generally good and
harvest of wheat will be early.
Belgium Agricultural conditions are re
" garded favorably.
India The monsoon has Improved and
rather general rails have been experi
enced.
Australia This country has received
further useful general rains.
PRINT BUTTER TO ADVANCE TODAY
Creameries Announce Three-Cent Rise in
Prices; Dutterfat Also Higher.
-The active speculative demand for but
ter is. putting the local market up in spite
of the laree production. City creameries
announced a three-cent advance in prints.
I effective this morning and will quote
parchment wrapped In box lots at 67 cents.
The butter-fat buying price will be raised
to 55)56 cents at stations.
Cube butter was in strong demand yes
terday. Large buyers offered 52 cents
delivered Portland, to country cream
eries, with a surplus to sell. There were
reports of as high as 52 Vi cents being
paid locally.
i nere was not much doing in the egg
market. Receipts were of moderate size
and prices were unchanged.
Poultry and dressed meats were quiet
and steady.
Warm Weather Helps Fruit Trade.
The warm weather has stimulated the
demand for - melons and cantaloupes and
ether fruits are also selling well. Local
currants have made their appearance on
the market and bring $2.75 a crate.
New potatoes sold well at prices ranging
from 9'iito 11H cents. A lower market
la expocted lstor In the week.
Sugar Quarter Cent Lower.
I,ocal Jobbers made another readjust
ment of tufar prices yesterday, reducing
the quotation a quarter of a cent a pound
on cane granulated to 24 i cents.
Bank Clearings.
Bank clearings of the northwestern
cities yesterday were as follows:
Clearings. Balances.
Tacoma .
Spokane
851.104
1.205,818
133. TOO
384.853
rOBTLAND MARKET QUOTATIONS
Grain, Flour, Ferd. Etc.
Merchants' Exchange, noon sens'.on.
Eld
Oats June. July. Aug.
No. 3 white teed $68.00
Barley
No. 3 blue 62.60 160.00
Standard feed 61.00 58.00
Corn
No. 3 yellow' 72.00 70.00
Mlllrun 63.25 48.00
Eastern grain, oulk
Corn. No. 3 yellow 1 73.25 72.00 70.00
WHEAT New-crop club, $2.50 per
bushel.
FLOUR Family patents, $13.75; bakers'
hard wheat, $13.75; best bakers' patents,
$13.75; pastry flour, $11.80; graham,-$11.60;
whole wheat, $11.85.
MILLFEED Prices f. o. b. mill: Mill
run, $53 54 per ton; rolled barley, $73
74; rolled oats, $74675; scratch feed, $80
6D1.
CORN Whole, $82683; cracked. ' $84 9
85 per ton.
HAT Buying price f. o. b. Portland:
Alfalfa, $28; cheat, $23.50; valley timothy,
$35 38.
' Dairy and Country Produce.
BUTTER Cubes, extras, 51052c pound;
prints, parchment wrappers, box lots, 57c
per pound; cartons, 58c; half boxes, c
more; less than half boxes, lc more; but
terfat. No. 1, 55 56c per pound at sta
tions; rortiana delivery, osc
EGGS Buying price, current receipts,
37c. Jobbing prices to retailers: Can
dled, 41 ft 42c: selected, 43 44c,
CHKfcSK Tillamook, f. o. b. Tillamook
Triplets 28c; Young America. 28c; iong-
horns, 29c. Coos and Curry, f. o. b. Myrtle
Point. Triplets, 31c; Young America, S21jo
per pound.
POULTRY Hens. 2026c; broilers. 203
32c; ducks, 4050c; geese, nominal; tur
keys, nominal.
VEAL Fancy, 19 20c per pound.
PORK Fancy. 21c per pound.
Fruits and Vegetables.
FRUITS Oranges. $4.oO7; lemons, $5
06.25 per box: grapefruit, $49.50 per
box; bananas. Ilul2c per pound: SDPles.
$3. 50& 4 per box; strawberries. S3.50M
per crate; cantaloupes, $2.005.00 per
crate: cherries. 10 3214 c per lb.; water
melons. 4!6e per round; apricots, $2.75
per crate; pineapples, 1 TVs 20c per pound:
peaches. $1.502 per box; black figs. $3
per box: plums. S36?3.50 Der box: goose
berries, 8c per pound; currants, $2.75 per
crate.
VEGETABLES Cabbage, 3H cents per
pound; lettuce, $22.50. per crate; cu
cumbers. J1&2.25 per dozen; carrots, $4.00
per sack: horseradish, 2oc per pound;
garlic, 40c; tomatoes, $2.5003.50 per
box; artichokes. $1.50 per dozen; spinach,
79c per pound; peas, 810c per pound;
asparagus, $1.752.50 per box; beans, IS
17c per pound.
POTATOES Old Oregons. $9310 per
sack; new California, 9ttllKc per lb.
ONIONS Crystal wax, $1.50 per
crate; red. $2 per sack; yellow, $2.25 per
sack.
Staple Groceries.
Local jobbing quotations:
SUGAR Sack basis: Cane, granulated,
244c per pound.
HONEY New, 77.50 case.
NUTS Walnuts. 2638c; Brazil nuts,
35c; filberts. 35c; almonds. 38 fg 38 He: pea
nuts. 16ltic: cocoanuts. $2 per dozen.
SALT Half ground. 100s, $11.25 per ton;
50s. $18.75 per ton; dairy, $27.75 per ton.
RICE Blue Rose. 15c per pound.
BEANS Small white, 7c; large white;
7c; pink. lbc; lima. 15c per pound;
bayous. ll!4c: Mexican reds, 10c per lb.
COFFEE Roasted, in drums, 3950c.
Hides and Pelts.
HID123 Salted. 13c; icreen. 11c; kip, 15c;
calfskins, 25c; bulls, salted, 31c; green, 9c;
dry I. idea, 22c; dry calf. 35c.
PELTS Dry pelts, fine and medium long
wool, 15c; dry pelts, coarse Ions wool. 10c.
Provisions.
Local Jobbing quotations:
HAMS All sUes, 434.ic; skinned, 4QJ
45c; picnics, 25c: cottage, roll, B3c.
LARD Tierce basis. 24c; shortening,
22 Ho per pound.
DRY SALT Short, clear backs, 250 29c
per pound ; plates, 2Sc.
BACON Fancy, 49ig58c; standard. S3
45c per pound.
Hops, Wool, Etc
MOHAIR Nominal.
TALLOW No. 1.- 8 1 10c per pound; No.
2, 8c.
CASCARA BARK Per pound, old peel,
12c; new peel. 10c per pound.
WOOL Eastern Oregon, fine. 50054c;
vaiiey, medium, 3oc per pound; valley.
coarEC. .uc per pound.
GRAIN BAGS--Car lots. 18 '4 0200.
- -4MIS.
LINSEED OIL Raw. barrels. $1.83; raw.
urums. i.uu; raw. cases. $1.98; boiled,
barrels. $l.So; boiled, drums, $1.92; boiled.
iunr6lu.-M, Tinli. 12.18- u .
COAL OIL Iron barrela KuaiTc
cases, 27&34c.
GASOLIN1S Iron barrela 25i4c: tank
Knsons, -gc; cases, aac.
FUEL OIL Bulk, $2.10 per barrel.
Sharp Break in Coffee Futures.
.NEW YORK. June 29. The market for
coiiee xutures showed continued weak
ness today owing to a further decline in
xutures at bantos and renorta of lower
cost and freight offers. Prices for both
September and December broke below the
13-cent level for the first time since lai
September, Dece Tiber selling at 12.90c and
me general list selling i to 33 points be-
iow last nignt s closing ligures. Last prices
were about the lowest of the day with the
market showing a net decline of 25 to 34
points. July. l3..-3c: September. 12S5c
October, 12.87c: December, 12.89c; Janu
ary, is.iuc; Marcn, 13c: May. 13.05c.
pot coffee, nominal: Rio 7a. 14UUr-
Metal Market.
JVIUW IUKK, June 29. Conner rftl
Electrolytic, spot, June and July, 13c;
aucuc biiu octitciuuer, li'tflVC.
iron, sieaay, uncnanged.
Antimony, 8c.
iin. easier: spot and June 49-. ti
. , -
Lead, nominal: snot of fere t irw.
Zinc, quiet. East St. Louis dellverv nt
1 'ILf. Kt ,1
Phone your want ads to The Orearo
nian. Main 7070, Automatic; 560-95.
A Partial List of
Income Tax Exempt Municipal Bonds
Gen'l Obligations and
Beaverton, Or
Mfc. Angel, Or.
Prineville, Or., Funding-..
Scio, Or., Water & Light. .
Rainier, Or
Twin Falls, Idaho
Net Yields of 62 and 7
Byron Drainage Dist., Wyo 6.50 I Jerome Idaho,
Pacific Co., Wash., Drainage Dist... 7.00 Hardin, Mont.,
lintnli
1 1
STOCKS FIRM BUT DULL
TRADE SMALLEST IX VOLUME
FOR 18 MONTHS.
Many of Unusual Speculative Fa
vorites Are Entirely Ignored.
Time Money Firmer.
NEW YORK, June 29. Business of the
stock exchange today was -without par
allel in point of dullness and general un
importance in almost 18 months. Total
transactions of about 250.000 shares were
the smallest of any full session since De
cember of 1918.
Standard shares were alternately Irreg
ular to firm, a steady tone prevailing at the
close on short covering ' in rails, steels
and oils.
Many of the usual favorites in the sev
eral speculative groups were altogether
Ignored.
Moderate withdrawal of funds by local
banks for federal payments and prelimi
nary shifting of deposits' in anticipation
of July Interest and dividend , Jsburse
ments were reflected In tighter time rates.
Nine per cent was bid for 30 and 60-day
accommodations, with few offerings.
Easement was shown by the call money
market. Early loans wrre made at 9 per
cent, that quotation holding until the final
hour, when moderate-sums were available
at 1 to 1V4 per cent reduction.
Statements of earnings for - May em
braced some of the more important rail
road systems. These were rather mixed,
however. Southern Pacific, for example,
showing a large gain in net. while Atchi
son & Missouri Pacific reported heavy
losses.
Trading in bonds was relatively large,
the general domestic list, including liberty
issues, again easing, while foreign flo
tations. notably Anglo-French 0s and Bel
gian 7 Vis, were firm. Total sales (par val
ue) aggregated $13,250,000. Old United
states bonds were unchanged' on call.
CLOSING STOCK QUOTATIONS.
Last
Sales. High. Low.
20O 80'. 89
Sal
Am Beet 8ug.
89
39
Am Can
Him
1,100 138 v
1.70O 97i
39
Am Car & Fdy
Am Loco ....
137
96
67
87
92
96
55
79
160
116
30
88
29
112
65
61
32
67
35
28
33
93
14-6
51
,11
139
24.
6
85
61
47
89
17
74
24
177
20
27
40
24
68
2S
8S
71
40
4
10O
38
16
83
91
113
73
31 '4
91
23
103
69
44
39
08
15
112
65
ftl
77
94
ni at
138
Am Sm A Rfg
Am Sum Tob.
1.400
S0O
500
2fM
8O0
200
87V,
R8
93
96
55 "4
79
162
13714
0h4
8914
29 M
112H
65
62
32 Vs
68
36 V4
28
33
93
143
57
87
Am Tel Tel
Am Woolen ..
Anaconda Cop
Atchison
92
96
65
79
A G & W I S a
6O0
162
Baldwin Loco. 11.700
117
80
88
29
112
Bait & Ohio.
50O
Beth Steel B.
Calif Petrol . .
Canadian Pac.
Cent Leather..
Chee & Ohio. .
Chi M St P
2,500
200
300
300
20O
100
700
8,000
600
100
600
4.600
6.800
65
62
32
Chi & N W
Chi R I & Pac
Chino Copper.
Col Fu & Iron
S6
28
33
Corn Prods . ..
Crucible Steel.
93
147
51
11
139
24
Cuba Cane Sug
&rle ; ..
90O 11,
200 1H9
13,500 24
1,500 69
800 85 .
100 81
1.600 40
BOO f0
BOO 1 7
1,900 74
1,1V) 24
1.10O 179
500 20
3.000 29
1.0OO 41
1.0OO 24
700 6S
100 28
200 88
400 71
1.200 40 4
2.2O0 4
4.00 102
4,700 38
100 16
8.900 84
1,000 - 92
2.500 114
200 73
4.700 31
1.30O B2
2.100 2-"4
2 0OO !(?
1.600 70
1.500 45
5no 40
4O0 6R
1,200 1i
9O0 113
200 65
200 82
2.300 78
l.ioo 4
9,400 02
20O 105
200 65
K00 4!
2.800 18
Gen Electric.
Gen Motors . ..
Gt No pfd
Gt No Ore ctfs
Illinois Central
6!b
35
81
Insplr Copper.
Int M M pfd..
48
89
17
Inter Nickel..
Inter Paper . .
74
Kennecott Cop
24
179
20
29
40
24
Mexican Petrol
Miami Copper.
Mid States Oil
Mid vale Steel.
Missouri Pac.
N Y Central. .
es '4
N Y N H & H
Norf & West..
Northern Pac.
28
8S
71
Ohio Citz Gas.
4U4
Ok Prd & Rfg
Pan-Am Pet..
Pennsylvania..
4
102
38
Ray Con Cop..
16
84
Reading
Ken Ir & frteel
Royal Dutch..
Shell Tr & Tr.
Sin Oil & Rfg.
Southern Pac.
Southern Ry. .
S O of N J pfd
Studebaker Co
Texas Co ....
92
113
73
31
Pl
23
103 V
70
45
30 J
Texas &. Pac. .
Tobacco Prods
6S
Transcont Oil.
l-"
113
Union Pacific.
U S Fd Prods.
U S Ind Alco.
17 S Retl Strs.
U 6 Runber . .
U S Steel
do pfd
Utah Copper. .
Westing Elect
Wlllys-Overlnd
' 6.14
78
4
9
105 V l05
65' 65
4Hi)l 4ni
18 18
BONDS.
U S 2s reg 100IN Y Cen db 6s. 81
do 2s coud.." lwPior pacmc 4s.. 7ti-
U S 3s reg '104 Nor Pacific 3s.. 50
do cv 4s cp.MM IPac T & T 5s.. "80
Pan 3s reg 77 IPenn con 4s.. 84
rin 3s eoun...-7i H f con os y.-
Anc French 5s. ftflISo Railway 5s.. 79
Am T & T 6s.. 93 Union Pac 4s 77
Atch gen 4s... 70 U S Steel 5s. . . . 89
U & K (i C 4S. OU
Boston Mining Stocks.
BOSTON, June 2. Closing quotations
Allouez 38
Old Dominion.
23
Ariz Com 9
Cal & Ariz 58
Cal & Hecla. . .300 -Centennial
.... 11
Copper Range. 87
Osceola
Quincy ........
Superior
Sup & Boston..
Shannon .......
50
9
1
East Butte...
Franklin ....
12 I Utah Con
n
50
1 W'inona
Isle Royalle. .. 30
Wolverine
15
Lake Copper. . 3
Mohawk 61
North Butte... 16
Granby Con...:
H5
30
Greene Can-
Swift Co. Stocks.
Closing prices of Swift & Co. stocks a
Chicago were reported by Overbeck
Cooke company of Portland as follows:
Swift & Co 107 10S
Llrjby, McNeil & Llbby 12
National Leather 11
Swift International 35
Money, Exchange, Etc.
NEW YORK, June 23. Mercantile pa-
pe . 1 T4 per cent.
Exchange irregular. Sterling, 60-day
Dins d.u: commercial 60-day bills o
banks. $3.90; -commercial 60-dav bills,
$3 00; demand, $3.95: cables. iS.96.
X' A V' li F j mm
iei iieias 110m dio tyQ
Impprovements
Rate Mat. Yield
Roads
Rate
Adams County, Wash.- 6
Cottonwood Highw a y
District,' Idaho 64
Douglas County, Wash.. 6
Yakima Co., Wash 6
Waha Tammany High
6
6
6
6
6
7
23-'29 6
'25-'30 6
'35-'38
6
6ro
3-
-'40
1940
'22-'30
6
7
way Dist.,
IRRIGATION.
- Rate Mat
Columbia I it. Dist., Wash.... 6 l
Kingman Colony Drainage Dist., Or.... 6 '31-'40
Snake River Irr., Dist., Idaho 6 '32-'39
rraaiilffiistCo.
0
UadtSnporvlsUmOroimslafc
BONDS -TRUSTS ACCEPTANCES
Lumbermens Building
New York exchange on Montreal, 13 per
cent discount.
Government bonds, easy; railroad bonds,
ersy.
Time loans, strong; 60 days, m days
and six months, 8(i per cent.
Call money, strong; high, 9 per cent;
low, 8 per cent; ruling rate, per cent;
closing bid. 8 per cent; offered at 9 per
cetot; last loan, 8 per cent-
Bank acceptances, 6V per cent.
Bar silver, -lomertic. SBc; foreign. 02c
Mexican dollars. 68 He
LONDON, June 29. Bar silver. 82 d
per ouncj. Mo ley, 514 percent. JJIecount
rates, short bills, 6tt per cent; three
months bills. 6 11-16 per cent.
- Raral Stores.
SAVANNAH. Gs. June 28. Turpentine.
firm, no sales; receipts, 202 cases; ship
ments. 290 cases; stock. 6252 cases.
Rosin, firm; sales, 1O04 barrels; receipts,
321 barrels; ship nents. 1049 bsrrels; stock.
19,926 barrels. Quote: B. $9.50; D. $15;
E, F, G. H. I. K. M, N. WG, WW. $15.45.
Chicago Dairy Produce.
CHICAGO, June 29. Butter Higher.
Creamery, 44 1& 56 He
Eggs Unchanged; receipts, 29,272 rrsnea.
WEATHER FAVORS CORN
TIMELY RAIXS REPORTED
OVER LARGE TERRITORY,
Bearish Sentiment In Chicago Mar
ket Emphasized by Predictions
of Liberal Receipts.
CHICAGO, June 29. Timely rain In
Iowa, Nebraska and Illinois resulted In
lower prices today for com and oats. Corn
closed unsettled at lc to lc net de
cline, with July $1.75 to $1.76 and
September$1.71 to $1.71. Oats lost le
to lc. In provisions, the outcome varied
from 5 cents backset to an advance of
2 cents.
It was generally agreed that the crop
outlook for corn, as well as oats, had been
Improved. Bearish sentiment regarding
corn was further emphasized by predic
tions that liberal receipts would continue
during the next week and perhaps through
out the week following. On the price
downturns that ensued, speculative buying
was apparent and numerous rallies took
place.
In the oats market, better weather was
more than a counterbalance for Iowa and
Illinois reports that actual crop damages
bad been suffered.-
Provisions were firm, owing to higher
quotations on hogs. Business consisted
mostly of changes from July contracts
to September.
The Chicago market letter received yes
terday by the Overbeck. & Cooke company
or Portland said :
Corn Fluctuations were exceedingly
irregular and although the tendency was
downward most of the session, the close
was .comparatively firm. Sentiment at
p-.-esent is more confused than In a long
time. Ordinarily this is the season when
constructive endeavors meet with success,
due to crop uncertainty, but as an offset
to this fundamental conditions have grad
ually worked around where the bear has
more advantage by reason of fading cash
pre.nlums and the continued liberal move
ment to terminal markets. There has been
a better shipping demand for corn recently
which, nowevsr, is not at all unusual, as
there is to reason why advantage should
not be taken of larger receipts to fill te-
qutrements. Numerous and frequent ral
lies are to be expected from time to time
and we think it the part of wisdom to take
advantage of same to make sales.
oats The independent strength that
feawired the market yesterday was en
tirely absent today. Rains in sections of
the belt that had been sending discourag
ing reports aue to laclc ot moisture, tern
pered bullish enthusiasm to a consider
able degree. We think leadinr holders nt
futures win pe more disposed to reduce
tnan Increase their lines at this level.
Provisions Fairly active, higher hor
marKec causing oariy strength. As usual
liquidation of July contracts made its
appearance on the bulge. There was little
easing in carrying charges; 23.000 hogs
uieo ior tomorrow and 13,000 carritd
over.
..fading futures ranged as follows:
Corn Onen CMe
July $1.77 $1.75
oepu- 1.1s 1.71
Dec 1.57 1.57
July 1 04 1.03
Dec. 84 .83
J 6VI 1C
July 1.47 1.4.1
Sept, 1.36 1.36
Rve
July 2.15 2.15
Cash prices were:
Wheat No. 3 red. $2.70; No. S hard.
Corn No. 2 mixed. SI. 78: Nv i ii
$1.781.79. '
Oats No. 2 white, $1.131.14; No. "8
white, $1.0821.11.
Rye No. 2. $2.17. " ' "
Barley Cash, $1.4671.38.
Timothy seed $10?nl2.
Clover seed $25 it 35.
Pork Nominal.
Lard $20.40.
Ribs $17.25? 18.25
Minneapolis Grain Market.
MINNEAPOLIS, June 29. Barley, L18
1 .45.
Flax No. 1, $3.8303.85. '
Duluth Linseed Market.
DULTJTH, June 20. Linseed, 83.S8. '
Grain at San Francisco.'
SAN FRANCISCO. June 29. Grain
Barley, spot, feed. $3(3.10 ' yer centai;
oats, $3.1O3.20; corn, $7475 per ton;
rye, nominal.
Hay Fancy wheat hay. light five-wire
bales, $35 38 per ton; new wheat hay. $26
28; choice tame hay, $3740; other
tame oat hay, $33 37; wild oat hay. nom
inal; barley hay, nominal; alfalfa hay,
new, nominal; old, $30 32; stock hay,
$2932. -:
Seattle Feed and Hay.
SEATTLE, Wash., June 29. City deliv
ery: Feed, mill, $52 per ton; scratch feed,
$92: feed wheat. $99; all-grain chop, $S0;
oats, $79; sprouting oats. $82; rolled oats.
$1 : whole corn. 86 cracked corn. $K8;
Mat. Yield
33-39
'21-'40
1923
6U-
6
695.
Idaho.... 654 '30-'39 6
Yield
6.50
6.25
6.50
Improvements 7.00-
Improvements 7.00
A Fundamental Principle
of investment is to divide your capital ; that is, not to
"place all your eggs in one basket."
For an investment of $10,000 we. would suggest:
MUNICIPAL , Cost Yield
$2000 State of Oregon 4 Va's, due 1928 . $1837.60 5.75
RAILROAD v
$2000 Chicago & Northwestern 7's,
due 1930 : 2000.00 7.00
PUBLIC UTILITY
$2000 Pacific Gas & Electric Company
7's, due 1925 1942.50 7.70
INDUSTRIAL
$2000 Carnation Milk Products Co.
7's, due 1925 1930.00 7.85
REAL ESTATE FIRST MORTGAGE
$2000 Miller & Lux, Inc. 7's, due 1930 . 2000:00 7.00
TOTAL COST
AVERAGE YIELD
Blyth, Witter. & Co.
UNITED STATES GCM5KMEJ1T MUNICIPAL ATID CORPOWTIOIC BOND5
TEON BUILDING PORTLAND, OREGON
" Telephone: Main 3304
San Francisco Seattle
rolled barley. $78; clipped barley, 83-
Hay Eastern Washington 1 1 m o t h y
mixed, $47 per ton; double compressed, $ol;
alfalfa. $46; straw. $18.
FLOCK PRICES WORKDiG DOWN
Market Keeps Pace With Weakness of
Wheat.
MiNVEAPOLIS. Minn.. June 29. Spe
cial.) Tne Northwestern Millers' weekly
review of the flour trade says:
"Flour prices have continued to decline,
following the weakness of wheat, and pat
ents are now 20 to 45 cents per barrel
lower than a week ago. Buyers are not
much interested and mills are not pressing
sales, as every one Is waiting to see what
will happen when new-crop wheat arrives
In large volume: 'With continuing favor
able crop news it is clear - that future
prices depend largely on the ability of
the railroads to handle wheat and flour.
"The flour output last week showed a
slight decline from the week before, the
Kansas-Oklahoma hard winter wheat mills
reporting an output 09 per cent of ca
pacity, the Ohio valley soft winter wheat
mills 39 per cent and the spring wheat
mills 61 per cent."
New York Sugar Market.
NEW YORK, June 29. Raw sugar, un
settled; centrifugal. 18.31c; refined, steady;
fine granulated, 2224c.
Cotton Market. '
NEW YORK, June 21). Spot cotton,
quiet.- Middling. 38.75c.
GERMAN BONDS
- Offer
1000 Profit Possibilities
'ow twtivelr traded in on
CFRB MARKET.
Wire your orders to "Bujr nt the
Market,' for Cah or Carried on
Conservative Margins.
Write for full information and ask
for complete list.
HENRI & BERNHARD
WOLF & CO., INTC.
Foreign Bonds and Foreign
' Kwchanjre.
280 Madison Ave. ew York City.
sllsss
a big value in real m
asphalt roof protection
PASCO Roofing is made on a foundation of Carey
Felt, produced in the Carey factory especially
for, the purpose. It is not to be classed with
roofing manufactured of ordinary felt because Carey
Felt is unusually tough and strong, yet so constructed
that it soaks up iy times its own weight of Carey
Asphalt just as a sponge soaks up water.
The Felb is run through a hot bath of Asphalt. When the
Asphalt cools it will not change its form under any ordinary
degree of heat or cold. Therefore Roofing gives long service
in all climates. '
Carey Asphalts are the result of 47 years of practical
experience and scientific investigation. That is why we
recommend Carey Roll Roofings and why you will find they
will give you better service.
Write or phone the size of your buildings and we will
quote prices. ' t
Headquarters for Building and Insulating Products, of
1
ASPHALT ASBESTOS MAGNESIA.
S
t4 Roof for EVrp Building
PACIFIC ASBESTOS &
SUPPLY COMPANY
67 and 69 First Street,
$9710.10
7.06
. New York Los Angeles N
Foreign
Bonds
$900 Inrested
$6,000 Profit
' Possible
An Investment of 1900
in German currency
or municipal bonds
offers an opportun
ity to reap a profit
of $6,000 upon rturn
of the Qerm&n Ex
chance to normal.
The) German Mark
has advanced 200
For
Income
and
Profit
during the past three
months. netting s.
profit of SI. 800 to
every one who In
verted J900 in Ger
man eiehanss three
months as;o.
Wt offer
subject to prior tola
Hamburg 4 js
Berlin At
Bremen 41
Cologne 4s
Munich 4s
Vienna 4s & 4s
Budapest 4s & 4s
Hrife for
Send for
our. new
Political
Map of
Europe.
Special Letter '
Cable; eKeeka. currency
all foreign countnsa
We deal direct with
Berlin and Vienna
John W. McGuire
& Co., Inc.
141 Broadway New York
ASPHALT LIKE
A SPONGE
TAKES UP
v WATER j
PORTLAND, ORE.
ft
High Yield
Municipals
JULY INVESTMENTS
DEAR SIR OR MADAM:
Tomorrow, July 1, interest on many bond issues, mortgages
and savings accounts is payable. Many loans also fall due and
are paid. '
July 1 is, therefore, one of the great investment days of
- the year.
Morris Brothers, Inc., own and offer a wide range of the sound
est investment bonds, backed by the strongest security and yield
ing the highest rate of interest possible, combining absolute safety.
Our latest list of choice municipals of the Northwest Bulletin
No. 178 giving detailed information, is now available. If you
wish a copy, we shall be pleased to supply you upon request.
Respectively,
JOHN L. ETHERIDGE,
President.
Morris Brothers ins
Zfo rPremfercMumctpaSondrous9
I<MlLUON
Seattle MORRIS BLDG, San IVwclec
Central Bids. POBTLAXD, OR. MerJialBMc
8A
is the minimum yield
offered the purchaser of
2 shares of Preferred Stock and
i share of Corrmon Stock in
THE GOODYEAR TIRE &
RUBBER COMPANY
(OF AKRpN, OHIO)
following the Company's announced in
tention of continuing- Common Stock
dividends at the rate of 10 per annum.
In addition there is the possibility of
larger yield through extra dividends on
the Common Stock.
During the last 1 3 years the total di v
idends upon this Common Stock have
amounted to 708 of which 138 was
paid in cash and the balance in stock.
Preferred Stock bears 7 interest.
Common Stock of the Goodyear
Company sold last year as high as $430
per share. Today, after the payment of
a stock dividend of 150 fon the 29rh
day of this month) this stock is still sell'
ing at approximately $130 per share.
We shall be glad to give you additional infor
mation as to the Company's history, busioesa,
sales, earnings, dividends on Common Stock,
Preferred Stock safeguards, or any other fadts
desired.
CYRUS PEIRCE & COMPANY
Hoge Building, Seattle
B0RT0N & B0RT0N
Leader Building, Cleveland
8 Gilt Edge Bonds
We have a few bonds of the
Superior Portland
foment Co.
one of the strongest
Corporations on the Coast.
Information on request. .
Liberty Bonds and Unlisted Stocks
a special feature.
HERRIN'sRHODES'lNfr.
r ESTABLISHED ISM.
JSTOCKSand BONDS j
Railway Exchange BIdg. Main 283
Seattle Portland Tacoma
Members of
Chicago' Board of Trade.
National Leather Company
Trtssurer's Office. 43 Ames Buildins.
Boston. Mass.
Jans 24. 1920.
DIVIDEND NO. Z.
Ths Board of Directors has this any de
clared a dividend of forty 40) cents
shsre ivc on ine capiui pwck pi mn
Company, payable on or after August 15,
inon n fttnckholders of record at the close
of, business July 17, 1S20.
lilll'lilllllluilllltiuJlllllIl.llili
Tax Exempt
Bonds
tSTSSMSWCC I
Own Quswrrn I
Have you
investigated
the opportunity opened to
you for investment by the
high yield that you may
derive through the City of
Toppenish 7 bonds we own
and offer to yield you a
full 7?
Income Tax Exempt.
Toppenish is the trade cener
of a vast area of the famous
Yakima valley.
Sugar, alfalfa, fruit, hofes, H
have made the Yakima valley
the most productive and the
wealthiest agricultural distriot
in the northwest.
lto 10 Year 7's at 100
Cash or Partial Payment Flan
Wire Orders Collect
State Maturity Preferred
per
SSsceaas tVmHAM 644 f
NCsKTHwrrrERM bank bldo.
Phone your want ads to The Oregro
niaa. Ma n 7070, Automatic 660-84.
i
h-.'
H -
r. -
2
I.
i - '
l . " -
Portland $i.i82.49 1.HR1.3!)4
teUi - 6,0W,lro 1.820,239
V