18.
THE MORNING OREGONIAN, THURSDAY, JULY .22, 1920
CITY TO SHIP
TO SOUTH
FLOUR
E
finitely decided to Increase Its new Inter- torls. Failed at 7 this evenins for Ban
' coastal service to the point where it will ; Francisco.
have a regular three-weeks schedule in I
t ''i route', were received today by the Pa- I SAN FRANCISCO. July 21. (Special.)
cific Steamship company, coast asnts for; As soon as the United States shipping
the service. The service was inaugurated . board delivers four of the new S3..S to the
inst. month by the steamship Artigaj, ! Jun Meamsmp company inr iraus-
Steamer Depere Will Load
Cargo of 200 Tons.
FIRST IN NEW SERVICE
tJalfour, Guthrie & Co. Will Supply
. Craft's First Shipment; 1uunched
In August at Oakland.
The steamer Depere. a new ship
ping board steamer nearlng comple
tion on San Francisco bay. will come
here August 10 to take flour and
general cargo to the west coast of
South America, it was announced
yesterday by Balfour. Guthrie & Co.,
who will supply cargo for the vessel.
The Depere will be in the service of
the General Steamship company,
which recently Inaugurated a steam
ship line between north Pacific ports
and the South American west coast.
The shipment of flour, amounting
to 200 tons, will be the first to go
direct from Portland to a South
- American port for many months, al
though shipments have been going
southward regularly for trans-shipment
at San Francisco to vessels
plying between that port and South
America.
The steamer Depere has a summer
deadweight capacity of 5350 tons and
is capable of carrying about 4700
tons of grain or similar cargo. She
was launched last August by the
Hanlon Shipbuilding & Drydock. com
pany at. Oakland. Cal.
This steamer will be the third to
call here in the General Steamship
company's west coast service. The
steamer Silverado, which started the
service, camo here in May and the
steamer Paraiso in June. Both, ves
sels carried lumber from Portland.
ICstablishinent of a regular agency
of this line in Portland has been
expected for several months on ac
count of the volume of business which
it is doing out of the Columbia river,
but no such action has been taken
to date.
which broiiKht a full cargo from the east ' rv.ce, me steamers "-""-
coast tr. tian Perl Kan Krancisco the 1 pany now m operation In this service will
r"t. ii - ,2" t?tif ?A..5.rf!be withdrawn and placed in the passenser
Columbia river and Seattle, and loaded ;Krvlce between San Francisco and Baltl
nnother capacity cargo for the return moTO accordinff to iauiton Mann. asBiHt
oyago. i ant Keneral manacer of the company. With
Passengers on the Admiral liner Spo- the reasxignment of tho steamers there
kane, which reached port from Alaska
this morning, virtually took possession of
the liner Monday evening when they staged
a Mardl Gras carnival, followed by a
vaudeville entertainment and dance.
With the sailing from the gulf early In
August of the steamship Eldorado, a ."i00
ton steel vessel, the New Orleans-Pacif ic
coast steamship service will be Inaugu
rated, says an announcement received to
day by the foreign trade bureau of the
chamber of commerce from Walter Par
ker, general manager of the New Orleans
chamber of commerce.
Following a statement made by Major
L,. Ii. lotig!as relative to the operations
of fish pirates In the Southeastern Alaska
waters, trustees of the chamber of com
merce today pledged support to the move
ment to get sufficient naval craft in the
waters to top the raiding of salmon
traps.
With HO per cent of the cargoes consist
ing of Western Washington products, ' 20.
000 tons of freight was -loaded In Seattle
and other Pugct sound ports for the Ha
waiian islands the first three weeks of
this month by vessels of the Matson Navi
gation company, represented here by Alex
ander & Baldwin. The value of the ship
ments exceeded $2,000,000. of which ap
proximately fl.SOO.ooo was spent for West
ern Washington products, such as lumber,
feed, box snooks and salmon.
C.RAYS HARHOK.- Wash., July 21.
(Special.) Steamer West Nlveria arrived
here this afternoon from Shanghai. She
will load part of a return cargo of lumber
at the Hulbert mill. Aberdeen.
The -teamer Chtl'alia snllcd this after.
roon fo.- San Frm ci.co with cargo from l 'he vessel w ill be sent to San Diego to re
the American mill, Aberdeen. ceive a consignment of horses for govern-
ment use at .ianua. i no vewi
will be inaugurated for the first time since
the outbreak mt the war a passenger serv
ice between the Atlantic and Pacific
coasts.
Pacific Mail officials say they have
been assured that the S3Ss will be ready
for service the first of the year. As soon
as these vessels arrive here, the Ecuador,
Colombia and Venezuela, now on the trans
Pacific run. will be placed in the San
Franisco-Baltimore service, with a sailing
every two weeks from this port.
Today was traveling day for the herd of
2000 or more seals from their camping
grounds at Ano Nuevo islands, five miles
south of Pigeon Point. The mammals are
bound for the Pribiloff inlands in Bering
sea. where they proceed each year for
breeding. lookouts on the Farallone
islands reported toi Captain H. W. Rhodes,
superintendent of the lighthouse service
here, that the herd was sighted bound for
the Aiaskan waters and led by a monster
seal, which appeared to be the commodore.
After being laid up at the Union Iron
works undergoing a general overhauling
and reconditioning: costing nearly a quarter
million dollars, the John I). Spreckels
yacht Venitia sailed today in command of
Captain Al Thompson for San Diego. On
board the palatial vessel was a party of
seven, guests of Mr. Spreckels, bound for
his San Diego home. This is the first trip
of the vessel outside of the Gulden Gate on
a pleasure cruise since she was taken over
as a patrol ship by the government during
the war.
The steamer Haymon of the United
States shipping board went out on trial
trip todHy under command of Captain
Thomas II. McClellsn.
As soon bs the United States transport
Dix has completed repairs at Mare Island
SHEEP MARKET IS Hli!W.-
TENDENCY OP LOCAI PRICES
IS DOWNWARD.
Cattle and Hogs Continue
Demand at Yards
Are Steady.
in Good
and
WATER FRONT URINGS $7 3,000
52 0 0 Eeet on Wes-t Side Youngs
Hay Sold to CJiioagoans.
ASTORIA. Or., July 21. (Special.)
By a deal which was closed today
Hugh J. Armstrong and Paul Arm
strong of Chicago purchased from the
Youngs Bay Land & Improvement
company a tract of 6200 feet of water
frontage on the west side of Youngs
bay, the consideration being $75,000.
L,ast April these men purchased
from John AlcBride 1000 feet of front
ago in the same district for which
they paid $29,000. As a result of the
two purchases the Armstrong broth
ers now own a tract of frontage 6200
feet in length and K00 feet In depth,
containing approximately 280 acres
on the west shore of Youngs bay.
The recorded price paid for it was
$104,000.
The purchasers are members of the
Armstrong Brothers' Manufacturing
company of Chicago, a large corpora
tlon which manufactures high class
mechanics' tools. What their plans
are for developing the property has
not been announced.
By another deal which was closed
today the loungs Bay Land & Im
provement company sold to John lie
Bride the 1600 feet of frontage lyins
immediately south of the railroad
draw bridge and adjoining the tract
sold to Armstrong Brothers.
SAN PEDRO, Cat. July 21. (Special.'
Two new steamers to cost $4,000,000 each
will be built for the Admiral line. Tht
Southwestern Shipouilding company and
the IG8 An;;ele3 Shipbuilding & Drydock
company have been requested to bid on
the work of construction.
Tne new st-mners will have a gross ton- '
nage of 21.000. Each steamer will be 000
feet, in length.
The battleships Alklllsas. Now York r-.nd
Wyoming left port early to.lny and re
mained at sea at target practice.
The municipal varehouso in the outei
1-arbor designed for the storage of ships'
cargoes, is being used for '.ho storage of
automobiles. Three acres of space in the
warehouse are bein so used. Unoxpectef
delivery of can from old orders i3 said
to have been the cause of the flood of
cars, which is too largo to be absorbed as
rapidly as Intended.
ios Angeies terminals have been unabU
to store all the cars which have been nr.
riving from the east, and pent them here.
J he harbor presented an unusuallv acliv.
appearance today with a large number of
rivals ana .lepnrtures.
Anions them were three lumber carriers.
PORT TOWNSEN'n VVh Ti i
(Special.) The Japanese steamer Heimei
Maru. arriving this morning, made the
run from Kobe to Pugct sound In ballast
as a result or the small offering of freight
and the prevailing low rates. Sh win
load a full cargo at Seattle for return
cargo.
The British steamer Crown of Toledo
coming from Glasgow via the. Panama ca
nal. San Pedro. San Francisco and Van
couver, arrived this mornlne In ballast
proceeding to Seattle, where she will load
part cargo, completing at Vancouver and
San Krancisco for her return voyage.
When she sailed from Glasgow she had
a full cargo, which was discharged at
the several ports of call.
The Japanese steamer Tomliira Mam
arriving this morning from Kobe, brought
general cargo for discharge at Seattle and
Tacoma. She is in the vwri,. r
Osaka Shosen Kaisha company, being op
erated as a freighter. A full cargo has
been assembled for her outward trip.
The Puget sound Mills & Timber com
pany, with a plant at- Port Angeles. Is
making heavy shipments of lumber to
foreign ports. The United States shipping
board steamer Crown City will complete
loading 1.500.000 feet of lumber for the
orient Friday and the barkentine John
P. bmigh will complete loading l.oo.uuo
feet on Saturday for Adelaide.
expected
to Rail next month for the south.
In command of Captain Diggs. the Mat
son liner Manoa sailed today for Honolulu
with a full list of passengers and a heavy
cargo of freight. On Tuesday the Maui
arrived here with one of the largest lists of
passengers ever carried on a steamer of
the company.
There was a moderato run of 13 loads
at tho stockyards yesterday. The previous
good demand for cattle and hogs continued
and prices were steajy. Sheep, however,
wero week and the tendency of prices was
downward. Valley lambs, yearlings and
ewes were quoted lower.
Receipts were 76 cattle, 98 hogs and
2247 sheep.
The day's sales were as follows:
U. S. Naval Radio Itejvorls.
yes-
NEW STEAMER TO LEAVE DOCK
Vessel Chartered to Carry Ties to
United Kingdom.
The 9500-ton Green Star steamer
Antinous, launched with Shriner cere
monies June 22, will leave the G. M.
Standifer construction corporation's
dock at Vancouver at 7:30 o'clock this
morning on her river trial trip. Char
ter of the Antinous to the Ocean Lum
ber company to load ties for the
United Kingdom was announced yes
terday by G. R. Walker, Seattle man
ager for Struthers & Dixon, who
handle the business of the Green Star
line on this coast.
The steamer Argus of the Green
Star fleet Is now loading ties at West
port under charter to the same firm
and will leave for Bellingham Friday
to complete her cargo.
The steamer Apus, the fifth and last
vessel to be built for the Green Star
Steamship company at the Standifer
piant, has not yet been chartered, Mr.
Walker said.
The Antinous will load on the Co
lumbia river and Puget sound in the
eame manner as the Argus.
WEST MVARIA IS COMING
China Line Steamer to Load Lum
ber Cargo of 2,500,000 Eeet.
The steamer West Nivaria of the
North China line arrived at Grays
Harbor from China shortly after noon
yesterday, according to word re
ceived by the Columbia-Pacific Ship
ping company. She will load 2,500,000
lumber there for the orient
VTrte.ntlnuing to Portland to dis
charge her inward freight and com
plete a general outward cargo. A
considerable quantity of general
freight is reported by the operators
to have been booked for the West
Nivaria. Preceding vessels of the line
have carried nothing but lumber.
The next vessel of this line to ar
rive will be the West Nomentum. now
in oriental waters and due here about
August la.
The steamer West Keats, now load
ing lumber at the Inman-Poulsen mill,
is scheduled to depart Sunday. She is
taking the cargo booked for the
steamer The Angeles, which has bees
diverted to Europe with a wheat or
flour cargo.
Marine Notes.
The steam schooner Tahoe finished dis
charging a cargo of asphalt and cement
from California yesterday and sailed for
Grays Harbor at o o'clock to load lumber.
The passenger steamer Rose City left
down for San Francisco at 10 o'clock yes
terday morning.
A new mast will be stepped in the steam
schooner Johan Poulsen today at the yard
of the Coast Shipbuilding company. After
the new mast is In place she will go down
to Westport tonight to take on an under-
deck load of lumber, will come back to
the Willamette Iron & Steel works to load
boilers for California, and will then return
to Westport for a deck load.
The steamer Montague of the Admiral
lino oriental fleet shifted yesterday from
municipal terminal No. 4 to tho port dry
dock, where she will be lifted for Scraping
and painting.
The tank steamer Oleum left down at
T o'clock yesterday morning to return to
California for more oil.
Pacific Coast Shipping Xotes.
SEATTLE, Wash., July 21. (Special.)
Advices that the forth Atlantic & West
ern Steamship company, with headquar
ters In .Boston and Philadelphia, - has def-
TACOMA, Wash., July 21. (Special.)
For the purpose of . fumigating and loading
wheat for Europe the Harrison line steam
er Crown of Toledo arrived this afternoon.
The vessel will probably be here until Fri
day night and then shift down sound to
complete her cargo.
The Hoboken, 7500-ton steel steamer,
will be launched tomorrow night at the
Todd Drydock & Construction corpora
tion plant. The sponsor. Miss Florence
Badlsh, and party arrived here this eve
ning from Hoboken, N. J.
The steam yacht El Primero. built a
number of years ago at the Union Iron
Works. San Francisco', and now owned by
S. A. Perkins of Tacoma, went Into com
mission today. The yacht is the finest
sailing out of Tacoma.
One of the features of the cargo of Itho
Hawaii Maru, of ttie Osaka Shosen Kaisha
line, when she arrived here this' morning
was 1300 measurement tons of nitrates.
This cargo was loaded some six montht
ago in Chile, taken to Japan and brought
here in the vessel. The owners declare In
spite of the long voyage and no sale in
Japan they will yet make money on theii
nitrates.
The Rotarian,.- from the Todd yards,
went out on her trial run this morning.
The vessel Is expected to return tonight
and be turned over to the shipping board
within a few days.
Judge John A. Shackleford, Tacoma,
prominently mentioned for appointment to
the United States shipping board, came to
the defense of the Jones shipping bill to
day on the grounds that section 28 of the
new law would be a valuable weapon for
the United States in time of war.
The Rosalie Mahoney, a brand new
Charles Nelson liner, will make her first
call at Tacoma tomorrow when she docks
with a general cargo from San Francisco.
The ship has been placed on the regular
coastwise run from California and will
make monthly voyages to this port. She
will load a general cargo for California
points before clearing from Tacoma.
COOS BAY. Or.. July 21. (Special.)
The steam schooner ttandon. which had
loaded lumber at Bandon, returned here
for more lumber this morning at 5:20.
She is loading poles today at the Bennett
dock.
The steamer C. A. Smith went out for
San Francisco this afternoon at 4:45 with
a lumber cargo ol 1,250,000 feet.
ASTORIA, Or., July 21. (Special.)
Carrying lumber from estport. the
steam schooner Tiverton sailed yesterday
afternoon tor faan Pedro.
The steam 'schooner Daisy, which is dis
charging cement at the Sanborn dock, wiil
shift this evening to St. Helens to load
lumber.
Carrying a cargo of lumber from St.
Helens, the steam schooner Celilo sailed at
1:30 this morning for San Pedro.
The schooner .Oregon Fir. casrylng a
cargo of lumber from Prescott for Austra
lia and New Zealand, shifted to the local
harbor at 3 o'clock this morning. The
Oregon Fir is a new craft and is command
ed by Captain Eyres, formerly inspector of
hulls for the shipping board at the Wilson
shipyard. She will nail about next Fri
day. The steam schooner Santiam arrived at
6 o'clock this morning from Sau Pedro to
load lumber at Hammond mill.
The steamer Rose City, carrying freight
and passe--ers from Portland and As-
(All portions reported at H I'. M
terday unless otherwise indicated.)
ROSE CITY, Portland for San Francisco.
14 miles south of the Columbia river.
CE1-1LO. Columbia river for San Fran
cisco, off Cape Arago.
STORM KING, tug, with log raft in
tow, Astoria for San Francisco, o60 miles
from San Francisco.
C. A. SMITH. Coos Bay for San Fran
cisco, 2 miles south of Coos Bay.
WILLIAM F. HERIllN, Monterey for
Portland, 477 miles from Monterey.
WEST KADER, Cuba for Vancouver,
276 miles south of Cape Flattery.
KLAMATH, San Pedro for San Fran
cisco. 10 miles east of Point Concepcion.
CAPT. A. F. LUCAS, Latouche for San
Pedro, 4:iS miles from San Pedro.
SANTA GVIA, Azajulia for San Pedro,
215 miles south of San Francisco.
WASHTENAW, Port San Luis for Port
land, 7S0 miles from Portland.
WILLAMETTE. San Francisco for San
Diego via San Pedro. 80 miles west of
San Pedro.
' WEST COYOTE. San Pedro for San
Francisco, 252 miles south of San Fran
cisco. D1LWORTH, Kahula for San Pedro.
000 miles from San Pedro at S P. M.,
July 20.
HART WOOD, San Francisco for San
Pedro, 44 miles south of San Francisco.
WAHKEENA, San Pedro for San Fran
cisco. :;.. miles south of San Francisco.
EFFINGHAM, Tacoma for San Pedro,
2j miles south of San Francisco.
SAN TARITA. towing barge W. J.
Picrrle, Tacoma to San Francisco, 53
miles north of San Francisco.
SVLVAN ARROW. San Francisco for
Balboa. 55 miles south of San Francisco.
DIL WORTH, Kahula for Richmond. 230
miles from Richmond.
LYMAN STEWART. Seattle tor Port
San Luis. 4S miles from San Luis.
LABREA, Port San Luis for Oleum. 48
miles from Oleum.
NORTHLAND, San Francisco for Mazat
lan. 15 miles south of San Francisco.
CITY OF TOPEKA. San Francisco for
Eureka. 65 miles north of 6an Francisco.
CULBURRA, Balboa Tor Portland. 200
miles south of the Columbia river
OLEUM. Portland for Oleum, 543 "miles
from Oleum.
GOVERNOR. San Francisco for Seattle,
150 miles north of Cape Blanco.
ADMIRAL SCHLEY. Seattle for San
Francisco. 3S5 miles from Seattle.
FOREST KING, Grays Harbor for Callao,
Peru, 10 miles south of Grays Harbor.
NANKING, San Francisco for orient,
irir.0 miles from San Francisco, 8 P. M
July 20.
WF.ST CAPE. San Francisco for Hono
lulu. 050 miles from San Francisco, 8 p. M.,
J-uly 2l.
EASTERN GATE. Bcllinghnm for Hono
lulu. 040 miles southwest of Cape Flattery.
8 P. M.. July 20.
QUAHHIN. Honolulu for San Pedro.
Miou mile- wrist oi san Pedro, a P. M
July 20.
ENTERPRISE. San Francisco for Hilo,
873 miles from Lightship 8 P. St., July 20.
bl'AMDAKU, Hongkong for San Fran
Cisco. 0Ss miles from San Francisco, 8
p. .vi.. juiy O.
M1SKIANZA. Manila for San Francisco.
144.1 miles west of San Francisco. 8 P. M.
20'steers.
4 steers. '
3 cows. ,
3 cows. .
1 cow . . .
1 cow . . .
2 cow s. .
1 cow . . .
1 cow . . .
3 cows. .
I cow . . ,
3 cows. .
1 cow ...
1 cow. . .
1 hull. ..
5 hogs. . .
R4 hogs. . .
12 hogs., .
3 hogs.. .
1 hog .
5 hogs. . .
1 hog. . . .
2.'! hogs. . .
1 hog. . . .
1 hog. . . .
1 hog .
I hogs. . .
1 hog
s hogs...
1 4 hogs. . .
1 2 hogs. . .
IO hogs.. .
2 hogs. . .
2 hogs. . .
3 huRH. . .
2 l'.;gs.. .
1 hog. . . .
1 hog.. . .
1 hog. . . .
2 hogs.. .
2 hogs. . .
5 hogs. . .
6 hogs. . .
7 hogs. . .
2 hogs. . .
1 hog. . . .
6 hogs. . .
! hogs. . .
1 ho.
W'prt.
uov C
073
1 000
OfiO
R30
l mo
770
lotto
Pr
7.0.1
7.5(1
4.5C
O.oo!
-..-.ol
5. 00
3..-IO
01
4 hogs. .
1 hog. . .
1 hog. . .
0 hogs. .
1 hog. ..
2 hogs. .
2 htigs. .
17 hogs.
Wgt. Pr.
Iso $1 T.r.o
S7I1 5..1I-I 3 hogs. . .
726
500
R!(2
S70
7!l
120(1
27'0
l !:;
Kill
2IIO
140
His
340
1!7
140
520
5::o
loo
40O
l7
202
102
17(1
175
1TO
10(1
6.
i.25
5.75
3.25
1.1
320
2.10
17l
320
140
3i5
1X7
133
171
2(17
240
332
270
325
175
202
44
450
440
J20
205
1K5
His
1 so
24
200
270
2-HI
2:::!
200
17.50)
17.501
17.25
15.50
17.50
15 50
1
I5.5(l
1.-..OOI
(16
72
78
77
S4
75
00
1311
110
,110
113
. mo
. 1I0
. 140
1000
SOI
S45
!SO
i50
. 102
. 1 511
. 1 3S
. 1SS
100
. 1 50
. 310
. 172
74
. 100
10
17.25
17.25
15.50
14.O0
13.511
17.5(1
15.50
17.50
15.50
,16.75
1C.50
111.75
16.O0
10.7.1
17.00
7.RO
8.00
7 50
8.5(1
10.25
10.2.1
lo.oo
10.O0
S.00
5.50
.von
4.00
7.00
4. no
4.00
11.00
7. on
8 oo
6.50
7.O0
5.0O
17.50
17.00
10 hogs
J4 hogs. . .
1 1 hos. . .
8 hogs. . .
1 hog. . . .
2 hogs. . .
4 hogs. . .
17.5(1, 1 5 hogs.
17.00 20 lambs. .
17.001125 lambs.
1500I12S lambs.
IT.OOj lambs. .
17.50'22 lambs. .
17.5Ol0 lambs. .
14.5OI10 lambs. .
15.50112 lambs. .
10 OO20 lambs. .
17.r.o 1 ewe
15.501 3 ewes. ..
17.501 1 ewe. . . .
17.501 ! ewes. . .
1 buck. . . .
1 buck. . . .
1 buck. . . ,
1 cow. . . .
(I cows. . .
T cow a . .
1 cow. . . .
2 rnwl . .
3 hogs. . .
17..in 3 hogs. ..
17.25110 lu.gs...
1 7 251 5 tiogs. . .
17.501 4 hoes. . .
17.501 4 hogs. . .
17 50 1 1-og
10.50'H! hogs. . .
17.5i!l2S laiTbs
17.50 1 buck.. .
17.50
Livestock prices at the, Portland stock
yards were as follows:
Cattle
Choice grass steers
Cood to choice steers....
Medium to good steers
rair to good steers
Common to fair steers
Choice cow and heifers
ood ro choice cows, heifers.
Medium to good cows, heifers.
Cr.nners
Bulls
Choice dairy calves.
TJrime light calves ,
Medium light calves
Heavy calves ...............
Hogs
Prime mixed ................
Medium mixed
Smooth heavy
Rough neavy
Pigs
Sheep
Krf.t-of-mountal.t lambs
Valley lambs
Cull lambs
Yeurlings
W' ethers
Ewes
17.50
17.2.1
17.00
15.O0
17.50
75
4.00
same Interests that wanted
eraged lower wtUi hogs.
The Chicago market letter received yes
terday by the Overbcck & Cooke company
of Portland, said:
Wheal Crop news overnight was more
optimistic, including beneficial rains In
part of the Canadian northwest and an
estimate by the Kansas Board of agricul
ture making the wheat crop of that state
147.OOO.00O bushels or 37.0O0.O00 bushels
over that Indicated a month ago, and the
second largest on record. Temperatures
In the northwest were low enough to give
hopes that the black rust epidemic had
not spread. The foregoing influenced
selling at the opening which resulted in
losses of seven, cents per bushel, but which
were recovered before the close. Notwith
standing withdrawal of British buyers from
the market, prices at the seaboard and
the gulf were fairly well maintained.
Country offerings reported Quite liberal,
particularly in the southwest where cash
markets wero easy and lower. Bids to
arrive, sent out from Chicago, were re
duced two cents from yesterday's basis.
Corn Liquidating sales at the opening
were well absorbed and before the close
short covering took place on a broad
scale. Influential news was lacking and
the market was largely a question of pit
conditions. Receipts fell off somewhat
locally, but the demand was not ag
gressive and spot offerings brought about
yesterday's prices. ' Offerings of Texas
corn to come to this market were without
influence. It is very apparent that the
movement from now on will steadily de
crease as wheat must unquestionably take
preference. Whether the demand will
exceed the supply Is problematical, but the
fact remains that the recent run continued
mucn longer than the most sanguine bear
anticipations and has filled a lot of holes
in commercial channels at the samo time
that Argentine importations were taking
care 01 eastern requirements. It Is our
opinion that the market was entitled to
bouo recovery ana this was based on
technical conditions. It would not be
surprising; to see the upturn somewhat ex
tended.
uai" ronowea tne trend or corn ex
clusively, ignoring the shading of cash
offerings in the local sample pit. Weather
and crop reports continue very favorable.
Although further upturns may occur 'in
sympathy with corn It Is probable there
will be little incentive to promote ag
gressive operations on the constructive
side.
Provisions Values suffered for lack or
support early, with selling scattered and
largely in way of liquidation. At the de
cline offerings were well taken and we
look for a moderate upturn.
Leading futures ranged as follows:
I2..10 2.65 . oats, J2.6O03: corn, yellow,
nominal: whcaL, S4.15ty4. 25.
Hay Wheat. f:ve-wlre bale, light. 2
ft 28 ton; tame oat. 2ti 2S; wild oat. J20
r22: barley, '(Hi23. allalfa. first cutting.
S20&25; second cutting, 24jr2S.
FLOUR TRADE STIIX. VSSETTLED
Resumption of Wheat Future Business lias
Little Effect.
MINNEAPOLIS. Minn.. July 21. (Spe
cial.) The Northwestern Miller. In its
weekly review of the flour trade, says:
"Resumption of option trading in the
wheat markets had very little influence
upon flour and the trade remains as un
settled as In the uncertain period Imme
diately preceding the reopening of dealing
in futures. Buying Is being done only to
fill Immediate needs and .there Is a gen
eeral feeling that prices will go lower.
This was given strength by the decline
in wheat the end of last week. Flour
prices fluctuated widely, but the weeek's
level was nominally higher.
"There was a general improvement In
milling output during the week, largely
due to a desire to clean up on old con
tracts before entering upon the new crop.
Spring wheat mills reported an output
amounting to 4S per cent of capacity,
Kansas and Oklahoma hard winter wheat
mills 48 per- cent, and the Ohio valley
soft winter wheat mills 45."
Seattle Feed and Hay.
SEATTLE. Wash., July 2t. City deliv
ery: Scratch feed, J00: feed wheat. $;5:
ali-graln chop. $80; oats. $78: sprouting
oats, $sl: -rolled oats. $s0; whole corn.
$S4; cracked corn, $80; rolled barley, 75;
clipped barley. $BO.
Hay Eastern Washington mixed timo
thy, nominal: double compressed, $51; new
alfalfa, $3rj; straw. $22.
WHEAT.
Movements of Vessels.
PORTLAND, July 21. Sailed at 8 A. M .
steamer Oleum, for Port San Luis. Sailed
at 10 A. M., steamer Rose City, for San
Francisco. Sailed at 5 P. M., steamer
Tahoe, lor Grays Harbor.
ASTORIA. July 21. Arrived at 5 last
night, steamer Daisy, from San Pedro.
mailed at t a. m.. steamer celilo, for San
Pedro via San Francisco. Arrived down
at 3 A. M., achooner Oregon Fir. Arrived
at 5:10 A. M., steamer Santiam, from San
pearo. sailed at 4:15 P. M.. steamer
Oleum, for ban Luis. Sailed at 8 P. M
steamer Rose City, for San Francisco.
SAN FRANCISCO, July 21. Sailed at
noon, Bteamer City of Topeka, for Port
land via Eureka and Coos Bay.
July 19. Sailed Steamer
from Portland for Atlan
Price.
in..VK?i in.no
in. on K9in.no
!1.0O(S 10. oo
8.25(81 s.oo
7.0W 8.25
R.noo 8.50
7.(HI R.OO
fi.Ollfft' 7.00
3.OO0J) 4.75
5.50 tr? 5(1
l3.0O(a15.00
1 1.00(0. 13.00
O.OO 1 1.(10
7.O0 0.00
17. 00 1 17.50
1H.50"' 17.00
13.0(1(3' 15.50
lo.oowui.oo
12.50 15. 50
n .onwn r.o
II. 25 fli 10.23
7.(IO(?I( 8.50
o.noisj) 7.5o
MKidi 7.(10
2.25 6.00
Chicago Livestock Market.
CHICAGO. July 21. Cattle Receipts
0000, slow; early -ales good and choice
yearlings and handy-weight steady, with
weighty, and plain cuttle dull: handy
butcher cattle steady, others tending low
er; calves, tide niftier.
Hogs ReosrlptH. IS.OOO: earlv trading
fully steady with yesterday's average.
later toe to l.ic lower; early top, $11.05;
hulk light and ll?ht butchers. $15.50
10. 55; bulk packing grades, 1 4.25r 1 4. 05 ;
pigs strong, desirable kinds $ 13. 50(g) 14.50,
Sheep Receipts, 10,0(10; uneven, mostly
steady to lower: very good western Iambs.
$15.50: top native lambs. $15.75: bulk.
$14. 50 15.23; top ewes, $8; choice feeding
lambs, $14. -
Oma.hu Livestock Market.
OMAHA. July 21. Hogs Receipts. 15-
000; mostly 25c lower; bulk. $14.15g13.25;
top. $13.83.
Cettle Receipts. S.'flO; killing classes.
steady; best beeves. $10.30; stockers and
feeders, steady to 25c lower.
Sheep Receipts. 20.0OO; lambs slow to
25c lower; best range lambs, $15; sheep
and feeders, steady.
Dec $2 52 $2.37 $2 50
March .. 2.3s 2.6114 2.33
CORN.
Sept. 1.4Ri 1.52"i 1.471i
Dec 1.3SVi 1.50 1.35H
OATS.
Sept 76'., .77 .7514
Dec 75 .75 .74
MESS PORK.
July
Sept 2S.0O 28.15 27.80
LARD.
Sept. ...vlf33 10 35 10 12
Oct l'J.77 1U.T7 10.33
SHORT RIBS.
July -i
Sept 16.85 16.S5 16 67
$2.3614
2.61
1.52
1.S8T4
.76-4
73
26.65
28.13
10.33
10.73
Cash prices were as follows:
Wheat No. 1 mixed, $2.h(l.
Corn No. 2 mixed, $ 1.51 tt 1.52 li
yellow. $1.5201. 5314.
Oats No. 2 white, 83 43 30 '-c,
white, OO!4fi04c.
Rye No. 2, nominal.
Barley J 1.1 2 (a 1.20.
Timothy seed $ii' 12.
Clover seed $2535.
Pork Nominal.
Lard $18.83.
Ribs $104i. 17.
16 35
16.S3
No.
No.
fjrain sit Sail
FRANCISCO.
Francisco.
July 21.-
Seattle Wheat Market.
SEATTLE, Wash.. July 21. Wheat
Hard white, $2.53: red Walla Walla, $2.30;
soft white, white club and northern spring,
$2.52.
Minneapolis Grain Market.
MINNEAPOLIS. July 21. Barley. 02c9
$1.13. Flax. No. 1. $3. .".613.40.
Duluth Linseed Market.
DULUTH. July 21. Linseed, $3.3S93.4S;
arrive, $3.3S.
Coffee Futures Market Heavy.
NEW YORK. July 21. The market for
coffee futures was again very heavy to
day, although at times It showed evidence
of a better tone, with September selling
as high as 10.00c and December 11.03c. or
about 70 points over the previous night.
This" was mainly on a little covering and
it did not represent any change in con
ditions for the market resumed Its down
ward trend in the afternoon witli a vio
lent .decline which carried September off
to 10.50c, December to 10.60c and March
to 10.75c, the market closing at lowest
and 50 to 37 points under the. previous
night. Most of the lato selling was due
to weakness In Santos, where firm offers
were quarter cent helow the previous day's
lowest levels, and 3s and 3s, part Bourbon,
were offered at 14c, American credits,
prompt shipment. Rio 7s were offered
at 10.80c, American credits, and there
were sales of Victoria 7s and Ss at 1314c,
London credits.
Spot coffee here was dull and lower,
with Rio 7s 12. 4i 12!io and Santos 4s at
1814 20c.
SAN FRANCISCO PKODt'CK MARKET
Prices Current on Vegetables, Fresh Fruits, '
Etc.. at Bay City.
SAX FRANCISCO. July 21 Butter
Extra grade. 5914c: prime firsts. 58c.
Kggs Fresh extras. 61c; firsts. 5Ae:
dirty. No. 1. 54 14c: extra pujicts. 4714c;
undersized pullets. 37c.
Cheese old-style ((illfornlit flat!, fancy.
Not counting; the large profits derived from fruits
and livestock, last year's crops in these four great
counties of Washington, alone yielded
More Than $22,000,000
We offer
$292,000
of their
General Obligation Bonds
6 NET
At prices
To Yield
Yakima County
Whatcom County
Lincoln County
Adams County
IN(
BONDS
COME TAX EXEMPT
PT
Maturities 1921-35. Den. $250, $500, $1000.
Request whatever information you desire.
eniiaiistaLCo.
Under- SoporMsi em, Oregon SiAe BajiUuDcparimjeai
BONDS TRUSTS ACCEPTANCES
Lumbermens Bldg.
S4c; firsts, ZOMc; Tounff America, fancy,
33c.
Poultry California hens, large, 353Sc;
small, 21 35c; strictly young roosters.
3S-JM0C. old roosters. irt??7c; fryers, 31
& 4ic; broilers, larse 33 4i 35c ; small.
tji-IUMc; ducks. 20tg-."c; piseons. old. $'-."'
53-3. 1-0 per dozen; squabs. OTijCOc per
pound.
Catnr Belgian hares. lSjlSc per lb.
Vegetables Beans. 7il0c; bell peppers,
per pound, large. 106 smail.
lOr; chile, 10?i llllc; tomatoe. southern
California, fancy, $1.7." 'ti 2.2.".; Merced. 40
t0c small box; !uc. lfti1.7."; cucumhTR.
natural growth, 33 tl 00c iitiiill box. ritf;f7:c
lug; bay. 522.25 lug; butter, $1.23(0 1.30:
green ontona. J11.25 box; eggplant. Zfy
Sc; Livingston, tfr!0c per pound; peas.
t f fc pound ; sum rher squash, lus. river,
30fa 83c, bay, 75c$j $1; Italian squash. 7."c
ir$l ; corn, sack, 34c; celery. $7trj 7.30
crate.
Potatoes. 44flfr3H:C pound; No. 2. 2i3c
pound on street ; sweet potatoes, 10& 13c
per pound.
Onions Yellow-. $1 1.30; red. $1 ft I 23
Kruit Strawberries, S-ounce baskets.
S5c$x$l per drawer; 12-ounce hnskfts, $1
fa 1.32; raspberries. 73'trtOo per drawer;
blackberries. 30'3't0c per drawer; logan
berries, 50fi0c per drawer; black logan
berries, 40 iT 30c; cantaloupes, standards,
$3 fif 3.30; ponies. S 2.75 Q 3 ; flats, $1 t.25;
honey dew, $1 .50 'ii 1.75 : watermelons, 2 Va
per pound; banana?, Central American.
S'ft ic; Hawaiian. JlOc per pound; pine
apples. 1fj 3 per dozen; Valencia oranges,
$4.501 V25; lemons. $2 4.30; grapefruit,
$2.50 'tt 3.50 ; applrs. red and white Astra-chan,4,i-tikr,
$1.301 1.75; 4-tier. $2'i2.50;
apri-cot.. S-Trc per lb.; peaches, 5c''i$l
per small box ; lugs and crates, $ 1.25'iJ 2 :
baskets $l.25l5; cherries. Mack, 1 'J. 'j
24c per lb.; Royal Anne. 12 tt 7 Vi c; Orv
blacks. $2'i2.23 per box; Koyal Anne. 51.23
fri 1.50; plums, all varieties, $1.23 -vi' 1.75
per crate or box ; Santa Rosa, $2i 2.25;
pear?, Bartltt. $3$r 4.30 per box ; Made
line and Dearborn. $l$xl.50 per box; figj".
pingl-layer $1 ft 1.25; double-layer $1.73''?
2; white. $1; rhubarb, $1.30ftL75 box;
grapes. $3ii3.50 per crate.
Receipts Flour. quarters; wheat,
140 centals; barley. C.502 centals; oilx.
f.50 cent a Is. beans, "32S snrks ; potatoes.
tii-U sacks: onions, sacks; corn. Si
centals: hi'ls. roll: ftranc. 50(. bnxe.
Kansas City Livestock Market.
KANSAS CITY, -Mo, July 21. Cattle
Receipts. 10,000. generally steady ; half
load yearlings, $10.35 ; best heavy steers.
$10.15; grasuers, lively, $10.50 Q 1 1.30;
wintered kind. $14.50; quarantine receipts.
52 cars; bulk she stock $7.(Oft 9.30; best
vealera, $15 : bulk, $1 1 (ft 12.50.
Sheep. 5O00; open slow, steady to 25e
lower; close, active and steady ; best na
tive lambs. $14.50; Arizona. $14.20; bulk
ewes, $7i'7.30; fat ewes, $8; feeding year
lings, $y.30fa9.no.
HEAT LOSS REGAINED
BULLISH KANSAS REPORT S
CAUSE OF EARLV BREAK.
Port Calendar.
To Arrive
Vessel
Str. Daisy Putnam, .
M. S. Cuiburra
Str. Wm. F. Herrin.
Sir. Atlas
S. O- Barge 93
Str. F. H. Buck
Str. City of Topeka.
Str. Ruytler Hanify
Str. Shasta
Str. West Nivari;
at Portland.
From Date.
. 5an Fran July 22
. Galveston . . . .July 23
. . Monterey . . . .July 23
- .Richmond July 23
. -Richmond .. .July 23
..Gaviota July 24
. . San Fran July 25
.San Fran July 26
. San Pedro. . . .July 28
. China rniv n
Str. Westward Ho. . . . Baltimore . . . .July 25
Str. Pomona San Fran July 2S
Str. Hawarden New York. . . .July 30
Str. Waban Orient Aug. 3
Str. Depere San 'Fran. .Aug. 30
Str. Abercoa Orient .... Aug 11
Str. West Nomentum. China Aug. 15
To Depart From . Portland.
Vessel For Date
Str. Sinasta Europe July si
Str. Argus Bellingham . .July 23
Str. West Keats China Juiy "5
Str. City oL Topeka. . . San Fran July 20
' Vessels in Port.
Vessel Berth
Str. Argus Westport.
M. S. Avance Supple's dock.
M. S. Cethana Terminal No. 4.
Str. Eastern Ocean ... Terminal No. 1.
Sch. Ecola t Inman-Poulsen mill.
Str. Flavel Westport.
str. Hakushika Ma.ru. Kasfn & West'n mill.
Bkt. K. G. Pederson . . Hammond mill.
Str. Johan Poulsen ... Coast Shipbldg. yard.
Bkt. Kath, Mackall .. -American Can dock.
Str. Montague Drydock.
Bkt. Monterey Star Sand Co. dock-
Str. Sinasta Montgomery dock.
Str. The Angeles Terminal No. 1.
Str. West Keats Inman-Poulsen mill.
tr. Wawalona Terminal Iso. 4.
CRISTOBAL,.
West El Cajon,
tic coast.
SAN PEDRO, July 20. Sailed at 4 P. M.,
steamer West Cayote, from New York tor"
Portland.
GAVIOTA, July 20. Sailed at 4 A. M.,
steamer F. H. Buck, for Portland.
SAN FRANCISCO, July 20. Sailed at
4 P. M., steamer Atlas and barge 03. for
Portland.
PORT SAN LUIS, Ju!y 21. Arrived at
3 A. M., steamer Washtenaw, from Port
land. SAN FRANCISCO, Cal.. July 21. Ar
rived, steamers St an wood, from Salina
Cruz ; Eastern Leader, from Kobe.
Sailed Steamers Manoa, for Honolulu;
Acme, for Bandon.
SEATTLE, "Wash., July 21. Arrived
Tomiura Maru. Heimei Maru, from Kobe;
Spokane, from southeastern Alaska; El Se
gundo, from San" Francisco; Prince George,
from Prince Rupert.
Departed Prince George, for British
Columbia ports.
TACOMA, Wash., July 21. Arrived
Hawaii Maru (Japanese), from Yokohama;
Rotarian, from trial runs; Admiral Dewey,
from San Francisco; Crown of Toledo
(British), from Glasgow.
Sailed Admiral Dewey, for San Fran
cisco; Rotarian, for trial runs.
SAN PEDRO; Cal.. July 21. Arrived
Steamers Klamath, from San Diego at
6 A. M. ; President, from San Francisco,
at 10:30 A. M. ; Queen, from Puget sound,
at 1 P. M. ; Asuncion, from Eureka, at
12 noon ; Eastern Glade, from Baltimore,
at 4:30 P. M. ; Humboldt, from San Fran
cisco, at 2 A. M. ; San Jacinto, from Grays
Harbor, at 4 P. M.; Mukilteo, from Puget
sound, at 7 A. M. ; Prentiss, from Albion,
at 8 A. M.
Buying Develops on Decline and
Covering by Shorts Aids in
Recovery of Prices.
CHICAGO. July 21. As a result of the
Kansas state report, showing a big In
crease of the estimated yield of wheat in
Kansas, the wheat market today fell 7
cents, but rallied later on covering by
shorts. The close was nervous at cent
net decline with December $2.56 and
March $2.61. Corn gained 1 cent to 2
cents and oats cent to 1 k cents. In
provisions the outcome varied from 20
cents loss to 30 cents advance.
At the start selling ot wheat was gen
eral, the majority ot traders inclining to
the view that 37,000,00O bushels enlarge
ment of the Kansas yield compared w ita
a month ago would more than offset what
ever damaxe was done by black rust in the
northwest. Keports or welcome rams over
the drouth district in Canada tended also
to emphasize bearish sentiment. On the
decline in values, however, persistent buy
ing developed with a big elevator interest
in the lead. Then snorts started to pro
tect themselves and found little for sale.
Nearly ail of the early setback was thus
overcome.
Corn and oats were hoisted by flurried
covering on the part of shorts, who at
first had things their own way, but later
encountered heavy commission house de-
DAILT METEOROLOGICAL REPORT.
PORTLAND. July 21. Maximum tem
perature 77 degrees; minimum, 57 degrees.
River reading at 8 A. M.. 13.3 feet; change
in last 24 hours. O.s loot fall. Total rain
fall (5 P. M. to 3 P. M.), 0.18 inch; total
rainfall since September 1. 1019, 33.51
inches; normal rainfall since September 1,
44. 38 inches; deficiency of rainfall since
September 1. 1919. S.87 inches. Sunrise,
441 A" M.; sunset. 7:53 P. M. Total sun
shine July 21, 10 hours 20 minutes; possi
ble sunshine, 15 hours 12 minutes. Moon
rise. 1 1 :51 A. M. ; moonset, 10:51 P. M.
Barometer "(reduced to sea level ) at 5
P. M.. 30.13 inches. Relative humidity at
5 A. M., 71 per cent: at noon, 45 per cent;
at 5 P. M.. 76 per cent.
FORECASTS.
Portland and vicinity Cloudy; westerly
winds.
Oregon and Washington Cloudy; mod
erate westerly winds.
Idaho Cloudy and cooler.
18;
1
I 81
Another
Satisfied
Client
6iJ AM very -well
A pleased witb the
showing made by your
firm in the manage
ment of our property
and I am heartily
gratified at the in
crease of receipts in
dicated by your letter
and statement."
Tho active po-opera-tion
we extend to this
client is no more than
that which we offer to
all our clients.
Strong 6 Kacttsuf hf on
POOTLANOsJUJCatTT DUIID1N0 y WH,UNi
$10,000,000
Pan American Petroleum &. Transport Co.
First Lien Marine Equipment
Ten-Year 7 Convertible Gold Bonds
Dated August 1, 1920 Due August 1, 1930
Interest payable February 1 and August 1. Total authorized issue $10,000,000. Coupon bonds in the denominations
of $1000 and $5000. Redeemable in whole or in part at 105 and interest at any time on nine weeks' no
tice. Interest to be payable so far as lawful without deduction for the normal federal income tax
up to 4 per annum which the Company or the Trustee may be obliged to withhold.
Columbia Trust Company, New York, Trustee
For information regarding this issue and the business of the Company we refer you to a letter dated July 19,
1920, from Mr. E. L. Doheny, President, some of the items of which he has briefly summarized as follows:
SECURITY: To be secured by a first mortgage on a fleet of ten steel tank steamships aggregating
about 100,670 tons deadweight capacity providing marine transportation facilities for the Mexican
Petroleum Co., Ltd.x of Delaware. . Approximately 71 of the total outstanding capital stock of the
latter company is owned by the Pan American Petroleum & Transport Co.
EQUITY: The Company's outstanding capital stock at current quotations represents an equity of
over $125,000,000. This issue together with other obligations aggregating $3,978,813 will constitute
the only funded and mortgage debt of the Company and its controlled companies.
EARNINGS: Consolidated net earnings of the Company including the- proportion of .undivided
profits of controlled companies applicable to the parent company, were as follows:
Year 1917 $4,546,154
Year 1918 : 5,279,039
Year 1919 6,796,594
These consolidated net earnings for 191C were equal to over 9 times the annual interest on these
$10,000,000 bonds.
CONVERTIBLE: These bonds are convertible at any time at the option of the holder into the
Company's Class "B" Common Stock at the rate of $145 per share; that is, at the rate of $2,900
face amount of bonds for $1,000 par value of said Class "B" Common Stock (20 shares of $50 par
value' each), with provision for a reduction of the conversion price under certain conditions if ad
ditional Common Stock or Class "B" Common Stock shall be issued or sold at prices lower than
$145 per share. -
SINKING FUND: Company will provide a sinking fund of $1,050,000 per year payable in semi
annual installments commencing February 1, 1921, for the purchase of these bonds at not over 100
and interest. In lieu thereof the Company may deliver bonds of the issue at the current market
price, but not exceeding 100 and interest. To the extent that, within thirty days thereafter, bonds
are not available for purchase at 100 and interest, the Company may authorize their purchase up to
105 and interest or may require the return, of said unexpended balance, upon subjecting to the
mortgage additional tank steamships at the rate of $100 per ton deadweight capacity. Credit is to
be allowed the sinking fund by reason of bonds retired by conversions.
The legal proceedings in connection with this issue are being passed upon by Messrs. Cravath & Henderson and
Messrs. Kellogg, Emery & Cuthell of New York City.
In the first instance-interim receipts or the company's temporary bonds will be deliverable "when, as and if issued
and received by us."
Price 94y2 and Interest, Yielding 7.80
The information presented above, while not guaranteed, is obtained from official reports or other sources which we believe to be reliable
and upon which we have acted in the purchase of these bonds.
BLAIR & COMPANY, Inc.
New York San Francisco Chicago
BLYTH, WITTER & CO.
Portland San Francisco Seattle
BOND AND GOODWIN
Portland San Francisco Seattle