THE MORNING OREGOXIAX, FTIIDAT, JULY 23, 1920
21
LARGE POTATO CROP
15 IN PROSPECT
Market for Tubers Is in Un
settled Condition.
MANY ARE NOW ON HAND
Future of Potato Market Difficult
to Predict Present Quotations
Kange Around 4 Cents.
With large quantities of the new stock
coming to . the i Portland potato market
Is In an unsettled condition and quota
tions yesterday ranged from 4 cents for
the best Oregons to 66 cents for
California shipments.
Some dealers reported having large
quantities of potatoes on hand and aald
they were experiencing difficulty in dis
posing of them.
What the future has In store for the
potato market Is difficult to predict un
der the existing circumstances. The po
tato crop of the northwest Is an un
usually good one and for that reason there
axe experts who predict that the price
is bound to be low during the lata summer
and fall. Others, however, declare that
the partial crop failure In sections of
California and Colorado will keep the
price of the Oregon product at a fair
figure.
At the present time the California po
tatoes are In demand in the local market
owing to the tubers from that section
being further advanced toward maturity.
They are consequently larger and will
stand shipment better. There were large
quantities of the Oregon stock on the
market, however, but quotations for them
are at a lower figure.
Potato experts were yesterday urging
farmers and potato growers In general
to delay digging of their Oregon crops
until the tubers should have a little more
chance to develop. It is declared that
the potatoes will grow at least a third
more and the grower can . consequently
better afford to sell his crop at 2Vs to
8 cents later on, than he can at 4 cents
now. It is conceded that there Is a
chance of the potato prices going down
to 2 cents but this la sot considered
likely.
The unusually, good crop in ths north
west and particularly in the TVlllamette
valley is considered to be sufficiently bal
anced by partial crop failures elsewhere.
Reports of good potato crops in "Wis
consin, Michigan and other eastern grow
ing sectluns. It is declared, will have lit
tie effect here. Shipments of potatoes
are seldom sent so far east from ths
Portland market even when there Is
shortage. During the unusual shortage
of last winter eastern shipments of po
tatoes were not considered any consld
eraDle reature of the market here. Some
shipments were sent as far east as New
Orleans, but the majority of the potatoes
aent out of here went to California and
other nearby sections.
The Willamette valley Is said to have
a particularly good crop of potatoes this
year. Rains during the spring and sum
mer have made unusually favorable con
ditions for the development of the tuber
in ths valley.
The Arizona and Texas market for
Oregon potatoes is always a good one
and dealers look to those sections, and
others where a partial crop failure Is
expected, to take care ot the surplus
product here and keep a healthy tone to
the Portland market.
WHEAT ASSUMES FIRJIER TOXK HERE
Bid Price on Local Board Advance from
1 to 4 Cents.
Wheat quotations on the local board as
sumed a slightly firmer tone with ad
vances of several cents on the prices of
fered for the various grades. There were
no sales.
The bid price on hard white for Sep-
icmDer aellvery advanced a total of 4
cents over the bid price for the preceding
day. On other grades the bid price ad
vanced 1 and 2 cents.
Advices from Liverpool were that trade
n cash wheat was not very active. Broom
halls report for the United Kingdom was
that the weather was unseasonable for
harvesting and that in some sections the
harvesting of the crop would be retarded.
The purchase of foreign flour by the
United Kingdom was declared to be
suming large proportions.
i no weatner forecast indicated that
there would be thunderstorms In various
wheat growing sections of this continent,
with the exception of Illinois. Missouri and
Kansas, where it would be fair and cooler
Reports, from Canada were that there
Bad been good rains in the vicinity of
Hdmonton, Calgary, Moose Jaw and Re
gina and that it looked like the drouth
was definitely broken.
Terminal receipts in cars were reported
by the Merchants Exchange as follows:
Wheat. Bar. Fir. Oats. Hay.
rpniana, loun,.
Year airo ,
Bertfon to date...
Year ago
Tacoma. Wednes.
21 ... 1 ...
2 5
769 12 61 18
J 21 37 67 52
14 ... 5 1
11 2
114 2 74 1
51 22 12
2 ... 5 ...
T 4 ... 1
ns ,3 is ...
62 8 30 22
Fenson to data. . .
Year aro
Seattle, Wednes..
Ycur ago , .
6cason to date...
Ytar ago
78
SO
127
20
THRESHING REPORT IS RECEIVED
Tield ot S3 to 40 Bushels Per Aero Be-
ported Fmm Idaho.
LEWISTON, Idaho, July 22. The first
xnreMnins report ot the season came to
Lewtston Tuesday, when Hansel! Broth
ers, who are harvesting 150O acres of crop
this season, reported that the two com
Dines tney are operating six miles east
of town are getting over about 70 acres
of Turkey red from fall planting; per day
and that the yield is running; between 83
and 40 bushels to the acre.
Most of the Hansell crop is in fall wheat. J
with a little barley, and It is believed!
mat tne remaining acreage will yield 80
to 33 bushels to the acre.
The first wheat of the season has been
brought in to the Vollmer-CIearwater com
pany here from the John JJsyer ranch in
North lwiston, and is of exceptional
quality. The prospects for a good yield
in the North Lewiston locality are very
bright.
BRISK DEMAND DEVELOPS FOB EGGS
Receipts from Country Reported Light
Market irlrm.
There was a brisk demand for eggs
yesterday In the local egg market arid
ths price Was boosted to 43 cents.
Receipts from the country were re
ported light and that with the good de-
mana muae the market firm. Bids to
couuir snippers ranged around 43 cents.
JSirese Market Weaker.
As a result of a decided weakness In
the western cheese markets a decided weak
trend in that commodity has developed
hr. Ko apparent lowering has been
made in the quotations on Tillamook
cheese, although the local trade is being
offered first-class cheese at a lower fig
ure. Some of the smaller factories are
reported to be offering their product at a
S 10 ..ceui uecrcase.
rORTXA'D MARKET QUOTATIONS
Grain, Flour. Feed. Ftc.
Bid
VTheat Scot. Oct. Not.
Hard whits J 51 1 11.51 $2.52
Soft white -.4 2.47 2.48
White club 2.4r 2.4fl 2.47
Hard winter 24S 2.4S 2.49
Red winter 2.4U 2.4U 2.44
N. sprlns- 2.61 2.61
Red Walla Walla .... 2.43
Oats July
No. 3 white feed 65.00
Barlev
No. 3 blue 57.00
Standard feed 55.00
Corn
No. 3 yellow 66.50
Millrun 58.1)0
No. 3 yellow, eastern 63. 5U
2.44 2.45
Aur. Seat.
tiO.OO , 35.00
54.00 .
51.00 50.00
63.00 63.00
51.50 45.50
62.50 62.00
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. ho.
MILLFHCD Prices f. o. b. mill: Mill
run, $5657 per ton: rolled barley,
$6S72; rolled oats. $71 a 72; scratch
feed. $87 88 per ton.
CORN Whole, $7778; cracked. $70,(9
80 per ton.
HAY Buying price, f. o. b. Portland:
Alfalfa, lis 26. cheat $23: clover. $20;
valley timothy, new $2930.
Dairy mad Country Produce.
BUTTER Cubes, extras, 64c pound;
prints, parchment wrappers, box lots, 57c
per pound; cartons, 5c; half boxes, c
more; less than half boxes, le more; but
teerfat. No. t, 55 56c per pound at sta
tions; Portland delivery. 5Sc.
EGOS Buying price, current receipts.
45c. Jobbing prices to retailers: Can
dled 4S50c; selects, 51 52c.
CMJilsSK Tillamook, f. o. 0. liiiamooa;
Triplets. 20c; Young America, 30c.
POULTRY Hens. 20 27c; broilers. -low
8c; ducks, 2535c: geese, nominal; tur
keys, nominal.
PORK Fancy, 23o per pound.
VEAJL Fancy, 22o per pound.
Fruits and Vegetables.
FRUITS Oranges. $50.7.50: lemons,
$4.506 per box; grapefruit, $4B.50 per
box; bananas, 11 12c per pound; apples,
new, $3.254.75 per box: cantaloupes.
$25 per crats; cherries, 689e pet
pound; watermelons, per pouna; aim-
cots, $2.50 per crate; pineapples, lic pel
pound; peaches, $2.25 0 2.50 per box ; plums,
$2.853.25 per box; currants, $22.50 pel
crate: raspberries. $4.2504.50 crate: casa
bas, 6i7c per pound; grapes. $2.253.50
per crate; loganberries. z.toi&i per
pears, $6.50 per box. '
VEGETABLES Cabbage. 3 3 3 c per
pound; lettuce, $1.50 to $2.50 per crate; cu
cumbers, $12.50 per dozen; carrots, $3.50
4.50 per sack; horseradish, 25c per
pound: garlic, 40c; tomatoes, $3.754 per
box; peas, 7) 10c per pound; beans. 10
14c per pound; beets, $3.504 per saok;
turnips, $3.00 per sack; eggplant,
pound.
POTATOES New -white, 46ic per
pound.
ONIONS Tellow. $2g2.50 per sack.
Staple Groceries.
Txcal Jobbing quotations:
SUGAR Sack basis: Cane, granulated.
23c per pound.
HU.NKJ New, $7(tWT.0l" case.
NUTS Walnuts. 2238c; Brazil nuts.
85c; filberts. 3035c: almonds, 35c: pea
nuts, 1415ac; cocanuta, $1.73 pr aOMti.
SAlr Hair cround. luus. n.-; w",
50a. $18.75 per ton; dairy, $26.50 per ton.
RICE Blue Rose, 14ic per pound.
BEANS Small white, 714c; large white.
79c; pink, 814c: lima, 12V4c per pound;
bayous. llc: Mexican reds, lU'-fcc por id.
COFFEE Roasted in drums, 30050c.
Hides and Pelts.
HIDES Salt hides, over 43 pounds, 14c:
green hides, over 45 pounds, 12c; salt
hides, under 45 pounds, 13c; green hides,
under 45 pounds, 11c: green or salt calf
to 15 pounds, 25c: green or salt kip, 15
to 30 pounds, 15c; salt bulls, 12c; green
bulls, 10c; dry hides, 22c; dry salt hides,
17c: dry calf under 7 pounds, 30c: salt
horse, large, $6.00; salt horse, medium.
$5.00; salt horse, small, $4.00.
PELTS Dry fine long wool pelts, ,15c:
dry medium long wool pelts, 12c; dry
coarse long wool pelts, 10c; salt long wool
pelts. $2$f3; salt lambs' wool pelts, 50c
$1: salt shearllnfes, 25 50c; salt clippers,
15 25c
Provisions.
Local Jobbing quotations: '
HAMf-All sizes, 4246c:
46c: picnics, 25c; cottage.
LARD Tierce basis, 23c;
skinned, 41
roll, 35c.
shortening.
22 ' c per pound.
DRY SALT Short, clear backs,
250290
per pound ; plates, 2.c.
BACON Fancy, 49 38c; standard
33
4,c per pound.
Wool, Casrara, Etc.
MOHAIR Long staple. 25c per pound.
TALLOW No. 1, 8c per pound; No. 2,
6c per pound.
CASCARA BARK Per pound, gross
weights, old peel, 12c; new peel, 10c per
pound.
WOOL Valley, medium, 3jc per pound
valley, coarse, quarter blood, 20c: coarse
low and braid, 15c; coarse matted, 12c.
HOPS Nominal.
GRAIN BAGS Car lots: July, 20c;
August, lOlfec
Oils.
LINSEED OIL Raw,
barrels, $1.83;
cases. $1.98;
raw, drumB, $i.uo; raw
boiled, barrels, $1.85
boiled, drums, $1.02;
boiled, cases, $2.
TURPENTINE t- Tanks,
$1.06: cases.
$2.1 1.
COAL Oil, Iron Barrels,
15Vi20c;
cases, 23c.
GASOLINE iron barrels, 2514 c;
tank
wagons, -jlic; cases, 3sc.
FUEL OIL Hulk. $2.10 per barrel,
Bank Clearing.
Bank clearings of the northwestern cities
yesterday were aa follows:
Clearings. Balances.
Portland $4,830,924 $931,879
Seattle 6.603. 03 5 996.203
Tacoma 778.691 109.249
Spokane 1.772,553 684.836
WHEAT YIELDS ARE GOOD
HARVEST OF WINTER CROP IS
XJXDER WAY IX STATE.
Th resiling1 Eegln-3 In 'Jackson. Co un
ty Sprln g Gra i n Benef i ted
by Recent Rains.
Crop conditions in Oreson are summar
ized by the weather Dureau as follows:
Ths temperature was somewhat varla
ble but generally above normal. There
was considerable cloudiness .and scattered
showers visited nearly all portions of the
state. These were mostly lijent, btlt In
a few localities heavy rain fell. Thunder
storms occurred in many localities, -and
some hail was reported from northeastern
counties. High winds accompanied some
of the thunder storms. Farm work was
somewhat delayed by rain, and by short
age of labor.
Harvest of winter wheat Is under way
over a large part of the state, with ylejds
generally good. Threshing has bexun In
Jackson county. Heavy rain, hall and
high winds did - some local damage. In
Wasco county about 200 acres were, burned
by lightning. Spring wheat has been been
benefited by recent rains, but needs more
rain in places. Karly-sown spring wheat
is ripening and some has been harvested.
Harvest of winter oats Is In progress,
with results mostly satisfactory. Spring
oats are generally promising. Most corn
is doing well; it la tasseling In southern
counties.
Cherry picking continues. Considerable
damage was done to ripe cherries by rain.
Much fruit was blown from the trees in
Jackson county. Loganberries ae be
ing picked in quantities, the yield being
good. Early apples are in market in the
milder sections.
Cutting of the second crop of alfalfa Is
In progress In some of the warmer locali
ties. Considerable hay in the Held was
Injured by rain. Unlrrlgated meadows
were benefited by rain. Feed for stock is
generally ample and stock is thriving.
Potatoes ana garden vegetaoies nave
been helped by rain and are generally good
to excellent. Hops are troubled by aphlds
but are otherwise promising. A few to
matoes are In market. "
Lightning started many forest fires
but there has been sufficient moisture to
check the spread of fires.
SAX FRANCISCO PRODUCE MARKET
Prices Current on Vegetables, Fresh Fruits,
Etc., at Bay City.
SAN . FRANCISCO. July 22. Butter-
Firsts, 58 He
Eggs Extra pullets, 50c.
Cheese Old-style California flats, fancy.
35 cents.
Small hens, 21 23c; old roosters, IS
20 cents.
Vegetables Beans. 68c: bell peppers.
$11.25; chile. 75c$l; eggplant, $11.25;
peas, 6fc: summer squash. auf7oc lug;
corn, $2. 50 4 ; potatoes, 4 5c. Strawber
ries. 8 ox. bankets, 75 90c; 13-oz. baskets.
$11.25; melons, honey dew, $li?i1.25 flats;
watermelons. 34c; peaches, $1.2501.50;
small wrapped box, $1.752.15; LA lugs
rhfi-rl.s. black and Roval Annes. 10 0 15c.
Receipts Flour, 5714 qrs. ; wheat, 320d
ctls. ; barley, 4001 ctls. ; oats. 2230 ctls.
beans, 30O0 sacks; potatoes. 2647 sacks;
onions, 716 sacks; hay. 827 tons; hides,
147 rolls; livestock. 16ft5 head.
Doluth Linseed Market. "
D1TL.UTH, July 22. Linseed, $3.3SU
S.48&; to arrive, $3.41.4.
OIL STOCK IN
MARKET IXR STEELS
A XX)
RAILS ALSO GOOD.
Advance of Prices Follows Publica
tion, of Harding's Speech
of Acceptance.
NEW YORK, July 22. Prices on the
stock exchange rose and fell within an
extremely small radius during the greater
part of today's session. Sentiment In
speculative circles was visibly heartened.
however, by the better aspects of the
railroad labor situation and maintenance
of comparatively easy money rates.
There was a fairly successful demon
stration against the shorts in the last hour,
when quotations rose to highest averages
of the day, under the impetus of a de
mand for oils, steels, rails and various
miscellaneous specialties.
The sudden advance of prices followed
publication of excerpts of Senator Hard
ing's speech of acceptance. The candi
date's references to the country's trans
portation needs met with especial satisfac
tion. Sales 820,000 shares.
Industrial conditions brightened as a
result of the railroad wage increases and
advices from the more important steel
centers indicated .Increased production.
Sugar shares were under further pres.
sure, but rallied on the firmer tons of al
lied food issues.
. British exchange continued to move in
favor of this market, ths French, Belgian
and Italian rates also reacting against
their home markets. The Bank of England
made further recovery from its recent low
liability reserves and added to its enor
mous holdings of bullion.
The only feature of an otherwise dull
bond market was the further rising of
Virginia deferred 6s. Most domestic issues,
'including liberty bonds, were irregular. To
tal sales (par value) $8,125,000. Old united
states bonds unchanged on call.
CLOSING STOCK QUOTATIONS.
Sales. High. Low. .Last.
Am Beet
Sug
1,500
SS
86 V4
40
135 14
1554
84
97
59 V
124
90
94
87 4
5514
794
117V,
31 ;i
87 ;
1 20 Vi
611
97 Vi
53
34
70
36-T4
2vs
32
94
150 '4
46H
12'
141 Vi
24
69
35
82
49
82 4
17
8314
25 li
9SVi
11K)
20
20
40
26
1214
69 '4
" 30 4
71
4
102
39
30
91 Vi
90 Vi
77
72
30
93
29 li
10514
70
46
40 li'
67
14
115
67
89
73 Vi
91
90
10SV4
67
S3 .
18
87
Am Can
300
.600
100
200
3UO
200
000
400
300
800
300
400
7,600
600
2.500
300
2,600
2,100
BOO
300
100
1.2O0
300
SOO
1.500
. 40
136
16
84 "4
ns'i
59 i
12414
90
UH
S!4
B6'i
80-4
118
32
89
31
123
6 2 Vi
99
54
34
7014
S7
29
3314
95 li
154 14
4SVi
1.1
143
25 Vi
71
35
82
50H
82
17?
84 Vi
25
98 Vi
194
20
21 li
41 Vi
26 lj
12,i
91i
3054
72
4
m:,
391a
30
92 H
91
7814
40
136
15
84 14
97
59
124
90
94
87
56
80
117
32
8S
31
123
62
99
54
34
70
37
29
33 V4
9514
153
4S
12
142
24
69
35
82
50
82
17
4
25
98
192
20
Am Car & Fy
A H & X. pfd
Am Inter Corp
Am Loco . .
Am S & Ref . .
Am Sugar
Am Sum Tob
Am T & T . . .
Am Woolen . .
Anaconda Cop
Atchison
Baldwin Loco
Bait & Ohio..
Beth Steel B
Cal Petrol ...
Canadian Pac
Cent Leather.
Chand Motors.
Ches Ohio, . .
Chi M & St P
Chi & N W..
Chi R I tc Pao
C'hino Copper.
Col Fuel & Ir
Corn Prod
13.i00
Crucible Steel 3.100.
Cuba Cane Sug 12,oo
Erie 3oo
Gen Electric .. 200
Gen Motors . . 4, 500
Gt Nor pfd . . SiM)
G N Ore Ctfa 300
Illinois fen... 100
Inspir Copper 1,800
In Mer M pfd Boo
Int Nickel ... 100
Int Paper 1.7O0
Kennecott Cop 1.200
Louis & Nash. 300
Mex Petrol . . 3.200
Miami Copper 100
Mid States Oil 4.200
Mid Steel .... 8"0
Miss Pacific. 8O0
Nevada Cop . . . 300
N Y Central.. 400
N Y N H & H 1.500
Nor Pacific .. 1.200
Ok Prod & Ref 500
Pan-Am Petrol 4.500
Pennsylvania. 1.100
Pitts & W V.. 400
Heading 32.400
Rep lr & Steel 2.800
R Dutch N Y 4,500
Shell T & T . . 100
Sin Oil & Ref 8iO
South Pacific. 2.4M0
South Railway 13.200
S O of N J pfd 500
21
40
26
12
60
30 14
71
4
103
30
;,o
91
91
77
72
31
93
29 H
105 Vi
71 14
46Vi
41
67
14
115
68
90 Vi
74
92
01 4
10SV4
30
29
105
Studebaker Co
Texas Co ....
Texas & Pac.
2.10O
7.500
30O
300
1.200
700
1.100
800
500
2.200
70
46
40 Vi
Tob Products.
Trans Oil ....
67
14Ti
Union Pacific.
115
U S Food Prod
U S In Alcohol
67
89
U S Ret Stores
74
U S Rubber
92
91
U S Steel .
. . . 10.500
pfd 200
U S Steel
ins y
67
82
IS
Utah Copper
600 67
200 82'i
1.700 18
Western Union
Willys-Overl'nd
BONDS.
.100HIN Y C deb 6s.
..lOOSiiN P 4s
.105 N P 3s
.."105 Pac T &. T 5s.
. ..7T Pa con 4'js..
...77 S P cv 5s
. .. 90" So Ry 5s
6s 93 V4 U P 4s
U S 2s reg. . .
. 81
do coupon
. 72
. 52
. 85
. 88
. 95
. 80 Vu
. 79
. 70
U S 4s reg. . .
do coupon
Pan 3s reg. .
do coupon
Anplo-Fr 5s
AT&T cv
Atch Ken 4s
74 us steel os. .
li & R G Con 4s 62
Bid.
Mining Stocks at Boston.
BOSTON, July 22. Closlnjy quotations:
A llouez
28 INorth Butte ... 18 U
Ariz Com . . .
Old Dom 24
67 Osceola 38 4
10H Qulncy 48
37 Superior 4
12VISup & Boston.. 3i
85 I Shannon ...... 1 l
2UIUtah Con BH
3 I Winona ....... 40
62 IWolverine 144
Calu & Ariz. .
Centennial . .
Cop KanKe...
ast ButLe .
Franklin
Isle Royalle .
LAke Copper.
Mohawk . . . .
Money, Exchange, Etc,
NEW YORK. July 22. Mercantile paper
unchanged; exchange weak. Sterling de
mand, $3.80; cables, 3.81c. -Francs, de
mand, 7.85; cables, 7.87. Belgian, franca
demand, 8.45; cables, 8.47 ; guilders, de
mand, 34.60; cables, 34.62; lire, demand,
5.63 ; cables, 6.65; marks, demand, 2.43;
cables, 2.44; drachmas, -7.79.
New York exchange on Montreal, 12
per cent discount.
Time loans strong, unchanged.
Call money steady, unchanged.
Bar silver, domestic unchanged; foreign,
03ac; Mexican dollars, 70fec
LONDON, July 22. Bar silver, 62d per
ounce. Money, 6V4 per cent. Discount
rates unchanged.
HEAT MAKES ADVANCE
BLACK RCST TAIK IS CATJ&E OF
MAIUCET GAIN.
During Early Trading Market
Trended Downward Owing lo
Rains in- Canada.
CHICAGO, July 22; Black rust talk
more serious than any previous time tills
year had a good deal to do today with a
material advance In the price of wheat.
The market closed firm, 2 cents to 24
cents net higher, with December $2.59 and
March $2.63. Corn gained H cent to 214
cents; oats cent to 1 cent, and pro
visions 17 cents to 50 cents.
Unfavorable weather conditions in parts
of the American northwest, especially
North .Dakota, formed one of the chief
reasons for anxiety becoming again acute
regarding black rust injury to wheat, but
during the early trading the market tended
downward owing to talk of widespread
ADVISING
CLIENTS
This office protects the
business interest of
every client.
John Schibel
Insurance Brokers and
Advisers.
Wilcox Bldg. Main 8020
heavy demand for cars to move wheat and
because of welcome rains In Canada.
Oats reflected the changes In other
grain.
Provisions were governed by the strength
of- cereals.
The Chicago market letter received yes
terday by Overbeck ft Cooke company of
Portland said of the Chicago market:
Wheat A plethora of crop damage re
Ports from the spring wheat territory cov
ering a diversion of territory induced
scattered buying of futures' and in the ab
sence of conspicuous selling the market
maintained a buoyant undertone. Notwith
standing that the British commission was
still out of the market, the seaboard re
ported some large-slsed export sales. The
local cash market was strong -at about 2
cents advance while in Minneapolis prices
were quoted 510c higher. The country
Is still a willing seller and the railroads
are making strenuous efforts to move the
crop to terminals for distribution. Re
ceipts are just beginning to increase in
Chicago and should be large within ths
next 10 days.
Corn Light offerings featured the trade
throughout the session and although the
buying was Inconspicuous, It was sufficient
to give the market a strong tone. South
western cash markets were strong, reflect,
ing light receipts and the local -spot mar
ket was also higher but failed to JuJly re
spond to the advance in futures. Shorts
bid before the close, the leading Industrial
buyer withdrawing. Several reports of hot
ana ary weather doing damage in Kansas,
Missouri and Illinois did not ring true,
rsjins during the month of July having
been more than adequate and nothing
could be better than hot, forcing weather
to bring the late crop up to normal. We
think the advance sufficient for the time
being as extensive short covering has ma
terially weakened the technical position
nd fundamental conditions axe against
sustained advances.
Oats Advanced in sympathy with other
grains and on being Influenced by a slight
ly firmer tone in the local spot market. At
the moment there is lack of important
news to give this market Individuality and
the September delivery will in all proba
bllity continue to lag as the weight of the
new crop, a large one, will soon be felt.
Provisions Fairly strong after an open
ing decline when countered buying by
prominent interests. Demand for cash and
July lard was a feature. A further upturn
should be witnessed.
Leading futures ranged as follows:
WHEAT.
Open. Hieh Low. Close
Dec
March. ,
12.5614 $2.59 $2.34 $2.59
2.65 2.61 2.63
CORN.
1.52 1.54 1.50 1.54
Sept. .
Dec. .
1.39 1.40 1.37 1.39
OATS.
Sept.... .76 .77 .76 .77
i-ec va-Js .' .75 .76
MESS
PORK.
July. .
27.15
20.65
Sept. .
28.00 28.70
28.00
LARD.
19.25 19.55 19.23
19.92 19.70
SHORT RIBS.
Sept. .
Oct. . .
19.55
19.92
Joly
10.62
17.03
Sept. . .
16.75 17.07 16.73
prices were as follows:
Cash
W heat No. 2 red, $2.82; No. 3 red. $2.80.
uorn .-so. . mtxea. xi.55Mi: No. 2 vcl
low. $1.55..
Oats No. 2 white. 01S98c; No. ;
white. 9395c.
Rye Nr. 2. $2.26.
Barley 1. 0241.20.
Timothy seed lli
Clover seed $3U35.
Pork Nominal.
Lard f 19.95.
Ribs $16.25017.25. j
Seattle Feed and Grain.
SEATTLE, Wash.. July 22. City delivery.
scratcn reed. xo; feed wheat. $95: al
grain chop, $80; oats. $78: sprouting oats,
$81; rolled oats, $80; whole corn, $84
cracked corn, $86; rolled barley, $75; clip
pea oariey. su.
Hay Eastern Washington timothy mix
ed, nominal; double compressed, $51; new
ailalla, fdo; straw, $22.
Seattle Grain Market,
SEATTLE, July 2. Wheat, hard white,
white club, red Walla Walla and North
ern spring, $2.65; soft white, $2.56; No,
1 hard winter and No. 1 red winter, $2.50.
Minneapolis Grain Market.
MINNEAPOLIS, July 2. Barley, 02
$1.15.
Flax. No. 1, $3.8793.41.
Coffee Market Opens Higher.
NEW YORK, July 22. The coffee mar
ket opened 8 to 20 points higher today
with September selling 10.55c as a resul
oi improvement in the Santos market.
where an advance of c to c in cost an
freight was reported. Active buying de
t eloped later, partly for trade account, an
prices made further gains, with Seotem
ber selling as high as 10.90c and December
11.05c, or 41 to 4o points above the pre
vioua night. There were rumors that the
Rio market had also steadied and the
buying here was quite active for a tlm
although late realizing caused a moder
ate setback, final .prices showing net
gains of 22 to 31 points.
Santos 2s and 8s were quoted at 22 c,
3s and 4s at 20 c and 6s and 7s at 17c,
London credits, while Santos Ss and 5s
were 14 c to 15 c, all well described,
American credits. Rio 7s were lower, be
ing quoted at IO.8O0 to 11.20c, American
credits.
Metal Market.
NEW YORK, July 22. Copper steady,
unchanged. Third quarter, 19c.
Iron steady; prices unchanged.
Tin easier. Spot, July and August, 43.75c.
Antimony unchanged.
Lead steady, unchanged.
Zinc steady. East St. Louis delivery,
spot, 7.00(5 Sc.
New York Cotton Exchange.
NEW YORK. July 22. Evaporated ap
on the New York cotton exchange sold
at 43.75 today, representing the highest
price ever recorded for a future contract
in the history of future exchanges on an
advance of 123 points over last night's
close.
Naval Stores.
SAVANNAH. Ga., July 22. Turpentine
firm, 11.54; ales, 88(1; receipts, 45a ; ship
ments, 374; stock, 10,517.
Rosin firm. Sales, 149(1; receipts. 1380;
shipments, 2846: stock. 87.041.
New York Bngnr Market.
NEW YORK, July 22. Raw surar un
settled. Centrifugal, 16.56c: refined eas
ier; fine granulated, 2122.50c.
Dried Fruits at New York.
NEW "YORK, July 2. Evaporated id-
pies dull. Prunes quiet. Peaches auiet.
Although agriculture and
horticulture are the principal
wealth producers, still the
livestock and dairying
industries in these counties
represent an investment' of
More Than $5,000,000-
We own
6 General Obligation Bonds
of four of the most
productive counties of .Washington
Yakima County -Lincoln
County
Maturities 1921-35.
Each Priced
To Yield
6
INC OM E TAX EXEMPT
Write or Call for
7
Utudot- S upcfvision Orooa slain Danlun DcpariautitC
BONDS TRUSTS ACCEPTANCES
Lumbermena Bldg.
SHEEP CONTINUE MgSS
LARGE SHIPMENTS -
KEEP
PRICES DOWX.
Cattle and Hog Market Continues
Steady With Good Salea at
Prevailing Prices.
Followln the receipt of large shipments
of sheep at the stocnyaras tne cneep market-
developed a weak tone yesterday.
Prices ou some sales or sheep maae were
xtrviTiely low.
Ihe slump in the prices of she?p was in
some cases as jreat as 25$53 a Hundred.
Cattle and hogs remained steady, sales
t-eing mads at Wednesdays prevailing
prices.
Receipts yesterday were: 101 catue, x'
calves, 67 hogs, and 975 theep.
Yesterdav's sales:
Wt Prire.l Wt. Price.
2 steers. 1235
$ 8.50 a nogs.. io.oo
1 steer. 126O
7.O0;18 hogs. . 2it5 lo.d.
3 steers. 782
7.251 7 hogs.
8.751 2 hogs.
8 651 3 hogs.
167
170
210
3HI
2o2
310
145
260
245
610
340
174
116
'9t
70
124
87
85
75
65
71
71
68
58
78
78
89
84
94
, 67
86
94
67
82
116
132
90
123
130
133
80
89
90
70
17.00
16.00
li.OO
27 steers. 1102
24 steers. 974
2 steers.
4 steers.
2 steers.
990
930
1017
loss
7.00 5 hogs.
8.751 7 hoiss.
9.751 2 hogs.
10.751 2 hogs.
8 00 1 hog. .
8.751 2 hogs.
8.001 1 hog. .
6.00 1 hog. .
16.
17.25
16
24 steers.
16.75
8 steers.
2 steers.
5 steers.
1 steer. .
979
1230
962
910
059
820
680
890
1O90
990
930
1090
910
716
930
8311
997
1156
1105
1033
1335
986
740
660
850
914
140
120
1010
1176
1420
172
143
179
238
191
342
270
ISO
220
319
196
. 157
. 150
. 163
. 170
. 180
16.
15.20
12.00
15.00
17.25
9.0O
8.00
21 cows. .
7.251 7 hogs. .
8.5012 lambs.
6.001127 lambs
5.0O 7 lambs..
4.001 1 lamb. .
5 001 7 lambs.
8.00171 lambs.
5.751180 lambs
4.00,43 lambs.
4.5o22 lambs.
7.00I 1 lamb. .
6.00111 lambs.
6.00H4 lambs.
6.50129 lambs.
7.001 4 lambs.
6.501 4 lambs.
7.00104 lambs.
8.00160 lambs.
6.00112 lambs.
7.00 12 lambs.
5. 651 8 lambs.
5.901 5 lambs.
13.00143 lambs.
13.50il59 lambs
6.501 3 ewes. .
6.631 7 ewes. . .
6.501 1 ewe. . .
17.501 3 ewes. ..
17.oo( 5 ewes. . .
17.25122 ewes. . .
15.501 1 yearl. . .
17.251276 yearl..
15 251 3 yearl.. .
17.0OI10 yearl. . .
17.25109 wethers
17.001 2 wethers
15.001 1 wether.
13 cows. .
1 cow. . .
14 cows. .
10.00
1 cow. . .
1 cow . . .
1 cow . . .
1 cow. . .
1 cow. .
3 cows. .
1 cow. . .
3 cows. .
6 cows. .
1 cow. . .
1 cow . . .
2 com-s. .
2 cows. .
8 cows. .
3 cows. .
1 cow. . .
1 cow . . .
10.00
9.00
10.00
10.00
10.00
7.50
10.00
10.00
7.00
8 2
10.00
10.00
10.25
10.25
10.00
7.50
9.00
9.50
8.25
10.35
5.50
10 cows. .
1 calf...
1 calf . . .
1 bull...
8 bulls. .
1 bull. . .
. 4.
3.50
5.50
4.75
5.73
6.50
6.00
20 hogs. .
8 hogs. .
10 hogs. .
2 hogs. .
14 hogs. .
4 hogs. .
1 hog. . .
6 hogs. .
7.50
7.50
7.00
7.50
7.00
84
105
120
67 hogs. .
hogs. .
S3 hogs. .
17.351274 wethers
89
6.25
6.25
6.00
6.00
5.00
6.00
4 bucks .
3.0033 wethers 88
4 00203 wethers 87
4.0019 wethers 90
4.00 2 wethers 155
4 00 1 buck . . . 150
.' 1 buck. .
12 bucks.
1 buck . .
3 bucks.
Chicago Livestock Market,
rTHTCAiiO. July 22. Cattle Receipts,
10,000; bet yearlings and bandy weignt
steers, steady; heavies, dull; gru;sy stock.
weaker: bulls, canners ana Desi ocuers,
steady; other she etock, draggy; caivee.
wtssM-riv to itron: stockers. firm.
Hnza Recaioua. W.UWi Itujy io cenia
lower than yesterday's average; top,
Iltf.40: bulk licht and butchers, $13,404
16.0; bulk packing sows, $ 14.15 r 14.40;
pigs, quiet; desira-bie kiods, $ 1 3.30 di) 14.50.
Sheen 'Re:eiDt. lS.Ovu; slow; western
Iambs held steady to higher; native lambs.
in " ."Wr lower: too native lames, sio.ou
balk. $1113; top ewes, $8; bulk, $7f7.50.
Kansas City Livestock Market.
Kansas CITY. Mo.. July 22. Cattl
Receipts, 3100; beef steers and she stock.
tfa.lv.tn weak: toil. $13. WO: quarantine re
ceipts, 07 cars; bulu, almost unalatie at
uneven declines; otner ciiwaei, cuct.hj
oiijli-m m in steers mottiy 13.325c lower;
AieH. in 15 ai 13.23 : some unsold at late
hmi r.
Sheep Receipts, 2300; all classes gener
m.:iv ateaxiv: built better grades native
lambs. $14014.50; but culls, $7.10.7.23;
tew sheep on sale. '
Omaiia Livestock Market.
OMAHA. July 2-2. Hoes Receipts, 10,
3H; 15 69 23c lower; light butcher grades at
full undine; duik, i o , v.
'a i lift Heceiots. 2b5i; best yearlings,
.rnnfl.. tnr. ;m Hii M: heavy steers ana
butchers' cattle, steady to easier; stockers
ana x&eaere, uun.
Sheep .Receipts, 10,300; killing classes,
steady; feeders, big. 23c higher.
Seattlo Livestock Market.
Rir.ATT1.K- Wash.. July 22. Hogs, ro-
oMintR. '244. firm. Prime. $17.25 17.83; me
dium to choice. $16.25 m 17.25 ; rough heav
ies, $14.50 15.50; pigs, $12.50(3) 14.50.
Cattle, receipts, 330; firm. Prime, $11
tan Aft- medium to choice. $0.5010.50;
common to good, $78.60; best cows and
heifers. S8.50ttf ; medium to cnoicc, i w
Kiiii: common to aood. $5.50titf-50; bulla,
$5.50S.5u; calves. $7t'14.
New York Troduce Markets.
NTSW YORK. July 22. Butter, steady;
rrmcrv hieher than extras, 57ttf3Tc;
creamery extras. 60 Wc; creamery, firats,
S- U. Git Rtic.
htgga Firm, fresh gathered extra firsts.
50A&52c; fresh gatnerea iirsLs, w
4ttVfc cents.
Cheese Irregular, unchanged.
Chicago Produoe Markets.
CHICAGO. July 22. Butter,
frnmerv. 44555c.
lower.
Kera Higher. Receipts, 12.87 cases;
firsts. 431A4i44c; ordinary firsts, 40j42c;
at mark, cases included, 42t343V4c; stor
age, extras, 40c; storage firsts, 4tt40c I
Contagious Diseases Wiped Out.
WALLA WALLA, Wash., July 22.
CASCARA BARK
Shin to Vtt mad Krcelve
THE HIOHKST 1 Hit' EL
We Want All You Have.
Write for Tift and Prices.
Sullivan Hide & Wool Co.
144 Front St.. Portlnnd. Or.
and offer
' Adams County
Whatcom County
Den. $250, $500.
NET
Detailed Information.
oniijepiffiiisfCo.
(Special.) For the first time since
here are no cases of con
aease In Walla Walla. Dr.
M. Stiles, city health officer, yester
day removed the quarantine signs
from the last two places under quar
antine. One was a smallpox case
originating In Yakima and the other
was a case of scarlet fever.
BATH HOUSES PLANNED
Cliehalls Citizens' Club Arranges for
Work in Park.
CHEHAL13, Wash., July 22. (Spe
cial.) The Chehalis Citizens' club de
vised a way to construct permanent
bath ' houses at the newly acquired
recreation and camping grounds, Al
exander park.
According; to the plan the work
will be done with very little direct
expense to the city. J. D. Griffin,
architect, designed and donated the
plans, local lumber merchants have
promised to furnish all needed lum
ber and the money required for the
carpenter work, etc., will be raised by
popular subscription.
The building, as planned, will be of
two parts, each two stories in height.
and 21x15 feet in dimensions, with an
arch connection of the two parts.
The plan is to Install showers, toi
lets and lockers, and to have a custo
dian look after the place. -
PAVED' BRIDGE REQUESTED
LLigbwav, Portland to Hood River,
Almost Complete.
HOOD RIVER, Or., July 22. (Spe
cial.) County Judge Blowers today
wrote the state highway commission
asking that crews now finishing the
paving of the Columbia river highway
between here and Sonny be instructed
to pave a concrete bridge across Hood
River.. The commission agreed that
this work should be done this summer.
it is said.
Except for a stretch at Ruthton
hill and a short link at Mitchells point
tunnel, the Columbia river highway
now is entirely paved from Portland
to Hood River. Crews will rush these
short laps next week. Traffic will be
blocked during working, hours west
of a detour that has permitted un
interrupted traffic over the highway.
Sloeom Brothers Hold Reunion.
HOOD RIVER, Or., July 23. (Spe
cial.) George I. Slocom, local book
store man: J. B. Slocom of Chicago
and Roy C. Slocom of Portland par
ticipated in a reunion here yesterday.
It was the first time in J7 years that
the three brothers had been together.
The local brother has been the local
circulation representative of The
Oreconlan for nearly 20 years.
Sinclair
Oil Go.
5-year secured convertible Gold
Notes to yield So without de
duction for 2 Normal Fed
eral Income Tax. Denomina-
H tions 100, f500, $1000
The syndicate underwriting
this issue is headed by a group
of the foremost banking houses
in the United States, including
a number of the largest banks
in the West. Two of Portland's
foremost banks took large par
ticipations. The Sinclair company is a com
plete unit in producing, manu
facturing and distributing oils.
Its earnings are huge. The
proceeds of this note issue are
to be used to increase the com
pany's facilities and earnings.
The conversion privilege offers
expectancy for good profit in
addition to a certain 8 in
come on your investment. Ask
us for full details.
Offered subject to allotment,
7s at 98. Cash or partial
payment plan. Wire or phone
orders "collect."
Maim 644
NORTHWESTERN BANK BLOC.
An Investment
Opportunity
to be worth y of consideration mast
meet the retalremeata of those la
vestora of the discriminating; class.
The Investment moat carry secur
ity, marketability and yield.
Henningsen
Produce
Company
7 to SERIAL GOLD NOTES 1031-30
Meet These Requirements.
THE YIELD IS
8.00
Wire or Telephone Order. Our
Ex pease.
St COMPANY
BONDS
INVESTMENTS
1
a a a"-fi.- -ji iih-a
G.I.MILLCR
TWO IDAHO BONDS
Yielding
.Tax Exempt
9000
Minidoka County
Clearwater Highway Dis
trict. Dated March 1, 1919. Due
1935-38.
Assessed valuation
(1918) $1,126,634. Total
bonded indebtedness, in
cluding this issue, $112,-000.
Denomination $1000. Price 100; Yield 6.
Principal and Semi-annual Interest Payable in Ne-w York or
at Morris Bros., Inc.
Telephone or Telegraph Orders at Our Expense
Morris Brothers uss
Wfo rPremtercMurv:ipaSondrfouso
IOmiMiUiOM
V0SI.UAJ
Bsattle
MORRIS BI.DO,
PORTLAND. OB.
Central Bide
The Value of Liberty Bonds
Is shown in our new folder describing
the original and converted issues of
Liberty Bonds and Victory; Notes.
Copy on request for OR-317,
The National City Company
Correspondent offices lo more than 60 cities.
Portland Yeon Building
Telephone Main 6072.
Bonds
Acer p
Sound Investment Securities
Due Price Yield
Miller & Lux, Inc. First Mortgage 7s . .. . 1930 100.00 7.00
Duquesne Light Company's 6s 1949 85.00 7.25
United States Rubber Company 7VzS 1930 98.25 7.75
Prov. of British Columbia 6s 1925 92.85 7.75
Pan-Americaa Petroleum & Transport 7s. . . 1930 94.50 7.80
Write or call for our complete list of current investments.
Blyth, Witter.8 & Co.
UNTIED STATES GOVERmUT MUNICIPAL AUD C0RPQRATI0IT BQKDS.'
YEON BUILDING PORTLAND, OREGON
Telephone: Mail? 8183
San Francisco Seattle New York Los Angeles
A 600
profit possibility is offered by
buying German Bonds today.
We offer the following German
Municipals for ready delivery:
City of Berlin 4
City of Barmen 49i
Greater Berlin 4
Hamburg (State) ... 4 cc
Bremen (State) 4'2
Bonds of any city for delayed
delivery.
A 1500
profit possibility in
New 5 Austrian Treasury
Bonds
Write for circulars and com
plete price list.
TRANSATLANTIC ESTATES
& CREDIT CO., INC.
222 Chamber of Commerce Big.
Marshall 205
f
WE HAVE OKDliKS IO sr,LL
2u0 Paulsen Wireless S.25
5000 Queets Tradinp 9Vi
1000 Idaho Gold & Ruby . 20
25 Amer. LifeoKraph 22.50
100 Western Rirbber 5.75
50 Sup. Portland Cement... 77.50
(Has paid 50c monthly lor
& years.)
$2000 Bonds same company 8 net
Liberty Bonds Bought and Sold.
Herrin&Rhodes'inc.
, ESTABLISHED ISS.
STOCKS and BONDS..
Railway Kxenansre Bide. Main 83.
Members New York Stock Exchange.
T i
f:.n...T Obligation
11,000
Nez Perce County
Heyburn-Paul Highway
District. Dated April 1, 1919. Due
1930-34.
Assessed valuation
(1918) $2,011,451. Actual
valuation estimated $10,
000,000. Total indebted
ness, including this issue,
$200,000.
San EVanelsoo
klsr.Nat.Blda,
tanccs.
Preferred Stocks.
Investment Opportunities
and
Oar Twenty Payment Plan
Til ass pnbaesltm toll f roe imrt
mnt stocks, which on b purahssd on
sml payment. xtiMiiiic ovr priod of
twenty months. Th plan wna onsinnLod
br as ia 106. You ou wcvt botik fro.
Write for 17-t TO
Investment Securities
40 Exchange Placa, New York
FACTS NO. 643.
A GOOD ROAD'S
i
ttruusKtea
OvnQuMTtt I
Comirr M
FOUNDATION
"Salvaging; Old Macadam High
ways, or Asphalt Pavement on
Macadam Foundation," the sub
ject c' a d i s c u s s i on by J. E.
Pennybacker, is of particular
interest, as the foundation,
often 10 inches thick, is one on
which a better road can be built
than on a new, unsettled foun
dation; and its economy is ap
parent when the surfacing:
WARREN ITE
BITULITHIC
WUtREX BROTHERS COSIPANY.
1