THE 3IORXIXG ORECONIAN. WEDNESDAY. AUGUST 18, 1920 19. WHEAT BUYERS ARE HOLDING OFF NOW Prices Asked by Growers Said to Be Out of Line. FARMERS OFFER LITTLE Partial Recovery Made in Bids at Merchants Exchange Coarse Grains Are Quiet. There was practically net wheat trading In the country yesterday, according- to re port a received at local offices. Farmers are not Inclined to sell much at this time and the prices they ask are said by deal ers to be out of line with eastern prices and export values. The local market was somewhat firmer with the advance at Chicago. 6eptember fclda at the Merchants" Exchange were 2 cents higher on bard white and 1 cent higher on the other grades. Oats bids were reduced SI on both whtte and gray. Offers for barley were about the same as the day before. Corn bids were advanced $1. ' Weather conditions in the middle west, as wired from Chicago: Chicago and vi cinity, part cloudy, warmer; Milwaukee, clear, fine; St. Louis. Kansas City, Omaha, part cloudy; Minneapolis, clear; Winnipeg, lad good rain last night; Saskatchewan. EdraoiMon, cloudy, winds. Forecast: Illi nois, fair tonight and Wednesday warm er; Iowa and Missouri, fair tonight and Wednesday, not much change In tempera ture; Wisconsin, fair tonight and Wednes day: North and South Dakota, fair tonlgnt and Wednesday, except probably thunder alarms." The wheat pool which was adopted by the Australian government as a war meas ure, having run Its day and fulfilled Its purpose, the next wheat crop In Australia will be handled on the old lines. Former ly each state dealt separately with its wa crop, and the Australian premiers, now sitting in conference, have decided that the time is ripe for a return to the old methods. It is thought probable that the states will form their own pools. Every thing points to a good harvest in Australia thrs year, as the disastrous drouth has given place to excellent growing conditions, but a good deal of anxiety exists in regard to the financial and shpping positions. The British government has resolved to remove the bread subsidy gradually, start ling next month, when the price of the four-pound loaf will be advanced 3d.' Whatever balance remains will be removed before next April. According to the Japan Chronicle, the Japane.se department of agriculture and commerce gives the estimates of the wheat, barley and rye crops, as follows: Wheat, 2S,0.-V5.4oO bushels: barley. 36.C69.082: rye. 40.536.3. Coir-- ared with last year, these figures show a decrease of 4 per cent in wheat and of 94 per cent In barley, and an Increase of per oent In rye. Terminal receipts, in cars, were reported Toy the Merchants' Exchange as follows: Wheat. Ba.rley.Flour.Oats. Hay "Portland of capacity, the Ohio valley soft winter wheat mills 47 yk and the spring wheat mills 43 per cent." YAKIMA CANTALOUPES DUE TODAT Last Car of Southern Elbertav Peaches Arrives Sweet Potatoes In. Northern cantaloupes will be In the market today, when the first car of Bur rell Gems will arrive from Taklma. They will be quoted at 12.75 3. There was no Improvement In the California cantaloupe situation. The market was oversupplied and buyers almost made their own prices. The best standards were quoted at $2.25, ponies at J1.75 and flats at 75 cents. The last car of California Elberta peaches Is due today. The market was lightly supplied with peaches and prices were firm, Lovells selling at (1.75 and Elbertas around S2.15. Another car of sweet potatoes arrived yesterday. Small Gain In Wheat Visible. The American visible wheat supply com pares as follows: Bushels. August 17, 1920 20.865,000 Augilnt 18. 1919 39,846.000 August 19, 1918 82,759.000 August 20, 1117 4,643,000 Increase. 831.000 7,717.000 9.295,000 375.000 Decrease. The corn vlsrble ts 4,705,000 bushels, a decrease of 982.000 bushels. The oats vis ible Is 4.0S6.000 bustoels, an Increase of 446,000 bushels. Bank Clearings. Bank clearings of the northwestern cit ies yesterday were as follows: Clearings. Portland 16.715.275 Seattle 6.878, 8."8 Tacoma 1,037.345 Spokane 1.863.52a Balances. J2.0O1.239 1.410.76S 160.624 487.080 PORTLAND MARKET QUOTATIONS Tuesday ...... IT ... 4 Tear ago 22 2 Season to date.lo in J" Tear ago 816 75 119 Tacoma .Monday 11 ... 5 Tear ago 38 1 .... Season to dale 318 11 134 Tear ago ...... 340 SO ..... Seattle Monday 5 ... 3 Tear ago 22 3 .... 8'ason to date 135 82 45 Tear ago...... 183 f6 58 2 8 41 105 2 8 29 1 I 60 170 246 87 112 12 14 281 118 Grain, Floor. Feed, Etc. Merchants' Exchange, noon session l Bid Wheat (racked) Hard white ...2.30 $2.30 $2.50 Soft white 2.29 2.29 2.28 Winter duo , 2.28 2.28 2.28 Hard winter 2.28 2.28 2.28 Northern spring 2.29 2.29 2.29 Red Walla 2 27 2.27 2.27 Oats Aug. Sept. Oct. Jfo. 2 white 4S.00 48.00 48. 00 No. 2 gray 46.00 46.00 46.00 Barlnv Brewln 47.00 47.00 47.nO Standard feed 46.00 46.00 46.00 Corn Xo. 3 yellow ........ No. 3 eastern yellow Mlllrun STOCKS ARE SOLD DOWN SHORTS FAVORED BY FOREIGN AND DOMESTIC EVENTS. LiosSea in Specialties Range From Two to Seven Points Call Money Rate Advances. NEW YORK, Aug. 17. The same fac tors and considerations which have fav ored the short account In the stock mar ket for a fortnight were operative today, prices reacting sharply after an early display of moderate strength. Despite an increasing . belief that the market has been almost thoroughly liqui dated, bears experienced little difficulty In effecting additional Impairment of quoted values, especially in speculative groups. Extreme losses of 2 to 7 points marked the steady offerings of shippings, motors, steels, equipments and related specialties. Atlantic. Gulf & West Indies, Mexican Petroleum, Crucible Steel and Studebaker represented the weaker issues. Renewed selling followed an advance In call loans from 7 to 8 per cent and rumors that the administration was considering Issuance of another statement on the Polish situation. Sales were 435,000 shares. The market for foreign exchange was comparatively inactive, but most of the leading remittances, sterling excepted, moved against their home centers, includ ing the rates to Scandinavian points. Heavy selling of liberty fourth 4Ul caused a substantial reaction and a 2 polnt decline in Dominion of Canada 5s of 1931, featured the more active and Ir regular bond market. Total sales, par value, $9,975,000. Old United States bonds were unchanged on call. cllne officially reported In the Rio mar ket had been pretty well discounted. De cember sold up from 8.85c to 9c, or about 9 potnts net higher, but prices weakened again during the afternoon, owing to the unsettled ruling of other markets, private reports of a further decline at Rio and special cables from Santos showing a de cline there of 50 to 200 rela. September sold off to 8.08c and December to 8.68c, with the market closing at a net decline of 13 to 26 points. September, 8.08c; October, 8.28c; December, 8.69c; January, 8.83c; March, 9.13c; . May, 9.26c; July. 9.36e. Spot coffee, dull; Rio 7s, 99Vac; San tos 4a, l&15c. - . . . Eastern Dairy Prodnee. CHICAGO, Aug. 17. Butter Higher; creamery, 44 55c. Eggs Higher; receipts. 17.851 eases: firsts. 45 i4 a 47c: ordinary firsts, 4l& 42c; at mark, cases included, 43945c; storage packed firsts. 47Vsw4Sc. NEW TORK, -Aug. 17. Butter Cream ery extras, 55c; others unchanged. Eggs Firm, unchanged. Cneese Steady, unchanged. CLOSING STOCK QUOTATIONS. BUYERS CONTROL SHOE MARKET Manufacturer Await Definite Lin en Retailers' Wants. It Is quite evident that the buyers are In control of the shoo market. Manufac turers who have been hoping that condi tions would improve are beginning to real ize that they must wait until those who are In closer touch with the ultimate con sumer will make their wants known and purchase accordingly. In other words, the retailer Is going slowly, for he has not forgotten the economy wave which swept the country and hit the footwear industry particularly hard. According to advices to the New York Journal of Commerce from Lynn, one of the leading shoe centers, the buyers are doing practically nothing. No matter how strong the Inducements made by salesmen. buyers are apparently determined to make no commitments, and until the latter move, the shoe and leather trade is not likely to make much headway. The trend Is distinctly away from the high-priced lines and there is consider able Interest in cheap and medium-priced footwear. It is certain that people have made up their minds that they will no longer buy high-priced shoes, because It indicates poor judgment. Inasmuch as the same and ofttimes better service can be gotten out of medium-priced footwear. Consumers need not fear to buy medium priced goods. Manufacturers are practical ly unanimous In the assertion that there will be plenty of good shoes at a modest cost. As a matter of fact, it was just as easy to get footwear at reasonable prices during the period when most people were calling for the best and paying whatever was asked, but the salesmen simply were reluctant to push the cheaper lines. LOCAL BUTTER MARKET 13 FIRM Prints and Butter Fat May Be Advanced Later In Week. There was talk yesterday of a probable advance in the print butter mark:! to day, but no action was taken and prices may not be raised until the last of the week. Some of the creameries were In favor of putting prints up 3 cents and raising butter fat 2 cents. There is very little top grade cube butter on hand and the market is considered strong. , Eggs were .firm with continued light ar rivals from the country. Buyers offered 00 cents delivered, loss off tq country shippers. Candled ranch sold on the street at 53Q54c and up to 53 cents was asked for selects. A car of fresh eastern eggs arrived during the day. The feature of the poultry market was the strong demand for spring chickens. wlilcn wero quoted at 2ti30c. Hens were steady except light weights which wore slow. White ducks sold at 33 cents. Farm dressed pork was scarce and firm at 24 ceuts. Veal was unchanged, EASTERN FLOUR MARKET LIFELESS Buyers Refuse to Follow Recent Ad vance in Prices. MINNEAPOLIS, Minn., Aug. VI. (Spe cial.) The rth western Millers' Weekly Review of the flour trade says: Ths flour market has remained life less, as buyers have refused to follow the slight advances in flour prices, due to ths strength of cash wheat- Even with these advances, flour is now cheaper than at any time since last November, with the exception of a few days late in July. The revival of trade in wheat futures la apparently holding flour prices down to the benefit of the public, but to ths indignation of the farmer. "The millfeed market is mors active, ajwkng to ' scarcity of supplies and the desire of buyers to get shipments be fore freight rates go up. "Ths flour output has materially Im proved In the past week, the Kansas Oklahoma hard winter wheat mills re porting an output representing 63 per cent ...64.00 63.50 63.00 ...64.50 64.00 63.UO . . .06.00 45.50 FLOUR Family patents, $12.95; bakers' hard wheat, $12.95; best bakers' patents, $12.95; valley. $11.20; graham. $10.80; whole wheat. $11.05. MILLFEED Prices f. o. b. mill: Mill run, $59 pr ton: rolled barley. $6265; rolled oats. $&5&66; scratch feed, $8485 per ton. CORN Whole, $72073; cracked. $7S07 per ton. HAY Buying price f. o. b. Portland: Alfalfa. $24925; cheat. $19; clover. $20; valley timothy, new, $27028. Dairy and Country Produce. BTJTTER Cubes. extras, 545Sc pound: prints, parchment wrappers, box lots. 59c per pound; cartons, 60c; half boxes, He more; less than half boxes, lo more; butterfat. No. 1. 58o per pound at stations, Portland delivery, 62c EGOS Buying price, loss off. 50c. Job bine; prices to retailers: Candled, 53 54c; selects, 56 58c. CHEESE Tillamook, t. 6. b. Tillamook: Triplets. 29c; Young Americas, 30c. POULTRY Hens, 18i&27o; springs. 28 ROe; ducks. 2533c; geese, nominal; tur keys, nominal. PORK Fancy, 24o per pound. VEAL Fancy, 23c per pound. Fruits and Vegetables. FRUITS Oranges. $5.75 9 7.50: lemons $4.505.50 per box: grapefruit, $506 per box; bananas, ll12o per pound; apples, new. $1.504 per box; cantaloupes, 75c $2.25 per crate; watermelon. 2Hto3c per pound; peaches. $1.752.15 per box; plums, $1.75&2.25 per box; casabas, 5c per pound; grapes, $3.5003.75 per crate; pears, $40 4.75 per box; blackberries, $3.25. VEGETABLES Cabbage, 2 O So per !D. ; lettuce, xi.uuti2.50 per crate; cu cumbers, 7o90c per doz.; carrots. $30 J.oo per sack; horseradish, 2.c per pound; garlic, 30c: tomatoes. $1&1. 25 per box: peas, 7010c per pound; beans, 5&8c per pound ; Deets, $3.0 per sack; turnips, $3.50 per sack; eggplant, 12 She per pound; green corn, 30 J 40a per dozen. POTATOES New white. 3Ue per pound; sweet potatoes, 15017Vfee per pound. ONIONS Yellow. $1.5001.75 per sack. Staple Groceries. Local jobbing quotations: SUGAR Sack basis: Cane, granulated. zivic per pouna. HONEY New, $707.50 case. NUTS Walnuts. 22038c; Brazil nuta sac; ximerts. 30035c; almonds, 35c; pa' nuts, H 01b hie: cocoanuts, $1.75 per dozen H lUfci iiue Rose. 14 c per pound. BEANS Small white, TV4c; large white. 7c; pink, 84c: lima. 12o per pound; bayous, use: Mexican reds, lOiac per lb. COFFEE Roasted in drums. 30 0 50c. Provisions. Loesl lobbing quotations: HAMS AJ1 sizes, 42046c; skinned, 419 tve; picnics, 2dc; cottage roll, 3oc LARD Tierce basis, 23u; shortening, 20c Der pound. DRY SALT Short, clear backs, 25O270 per pouna; piaies, 21c. BACON Fancy, 4G58c; standard, 31 42c per pound. Am Beet Bug. Am Can .... Am Car & Fdy Am H & L pfd Am Inter Corp Am Loco .... Am Sm & Rfg Am Sugar. . . . Am Sum Tob. Am Tel & Tel Am Woolen . . Am Z L & Sm Anaconda Cop. Atcnison ...... Atl G & W I. Hald Loco ... Bait & Ohio.. Beth Steel B. Caiif Petrol.. anadian Pac Cent Leather. Phand Motors. Ches & Ohio. . C M & St P. C & N W C R I & P. ... Chlno Cop. . . . Corn Products. Crucible Steel Cuba Cane Sug Erie Gen Elec... Gen Motors. . ., Gt Nor pfd.. Gt Nr'Or ctfa Illinois Cent.. Insp Cop... . int .M i ptd Inter Nickel.. Inter Paper. . . Kenn Cop .... Lou & Nash 8a1ea. 1.000 700 3,000 1.200 4.6O0 2,U(K) 500 1.700 1.100 ' 500 3.8110 200 1,000 700 8.700 37,700 4.. -.00 16.200 1.200 1,400 1.4H0 .l.HOO 300 1,000 600 1.S00 500 2.800 6.200 4.500 1,200 100 9, 000 1,000 BOO ' 700 600 4,4(10 BOO 1.200 900 10O Mex Petrol 17,500 Miami Cop Mid States Oil Mldv Steel... Missouri Pac. N Y Cent... N Y N H & H Nor Pacific. . Ok Prd & Rtx Pan-Am Petrol 20.700 Pennsylvania. 2.50O Pitts & W Va. Ray Con Cop. Reading 9.200 Kep lr ist.. .im Royal Dutch.. Shell T & T. Sin Oil & Rfg So Pacific.... So Railway . . . in j Dia Studebaker Co Texas Co..... Tex & Pac Tob Prodts... Trans Oil.... Union Pac .... U S Food Pdts U S Ind Alco U S Rft Stores U S Rubber. . U S Steel. 11(0 6.400 4.300 500 500 7,100 600 400 4O0 200 8.600 5.100 5.400 2.4110 6.000 300 9.51I0 8,01)0 2.2O0 6(10 1.000 1.900 2.1 OO ono 3,000 3.500 40.3OO High. 76 S3 135 74 " 72 H 94 is 53 114V4 83 90 77 114 07 81 136U 105 4 35 a IS 119 63 H 84 V4 . 56 33 Mi 6!Ti 33 25 87 136 3S T2 130 21 73 hi 31 V 84 43 73 '4 19 77 23 98 157 H 18 12 30 25 71 33 7.1 3 83 40 25 14 SSS, 81 "SO r.o 2H 91 27 ior. 62 44 34 50 10 117 Low. 74 33 131 73 07 92 53 113 80 95 75. 11 60 80 128 102 34 70 25 117 52 80 65 32 60 3-3 25 85 131 30 12 139 20 72 30 84 45 71 18 74 23 98 150 18 12 30 24 70 32 73 8 78 40 25 Vi 3 4 1-i S 79 79 4S 26 no 21! 105 69 at 44 32 50 104 110 57 80 2 82 85 10 59 46 16 .1 ALL LINES HOLD EVEN ml PRICES ARE STEADY AT NORTH PORTLAND YARDS. 81 4 S7 U S Steel pfd 100 106- L tan cop..... won t(i West Eiec 5Q 47 WUlys-Over.i 5.900 1 6 BONDS. U S Lib 8 . -s. 90.00' Anglo Fr 5s.. do 1st 4S ... . 14. (11 A T Ar T s. do 2d 4s 84.20!Atch gen 4s.. do 1st 4s. . .84.68' D & R G 4s. . do 2d 4s. . .84.30iN Y C 6s do 3d 4s. . .R7.R6IN P 4s do 4th 4s. . .S4.tl!N P 3s Victory 3s do 4s. . . . U S 2s reg... do coupon... U S 4s. reg.. do coupon... Pan 3s. reg... do coupon .. Last Sale. 74 33 131 73 68 83 . 53 113 80 95 ' 75 11 50 80 320 102 34 72 117 52 SOU 56 32 W0 33 25 85 131 37 12 139 21 72 30 84 45 71 18 75 23 OS 151 18 12 30 24 70 32 73 3 70 40 25 14 80 80 79 4S 26 90 26 irm 60 'i 41 33 59 10 116 57 K0 62 . 83 86 106-Vt 59 47 16 ..99 ..05 ..75 ..63 . .80 .74 .53 Receipts Over Night Are Lilgtat and Trading During Day Is Not. - Extensive. Only four loads of stock were received at the yards yesterday and trading was limited throughout tne day. The tone of the market was reported as steady in all departments and prices were unchanged. Only a few cattle were offered. , Hogs sold at the previous day's range 'with 17 cents as the top. Uneep and lambs were also steady. Receipts were 25 cattle and 484 sheep. The day's sales were aa follows: Wgt. Pr. Wgt. Pr. 15 steers.. 1053 $ 8.00 16 hogs.. 2o7 16.75 3 steers.. 1000 7.001 Shoga.. 243 $17.00 6. 00) 8 hugs. 6.25( 2 hogs. 2.50 1 hog.. 6.001 16 hogs. 5. oil; 20 lambs. 8 cows 1 cow. ; 1 cow. . . 15 cows. . 1 CO w . . 1 CO w . . . 2 calves. 3 calves. 4 calves. 14 hogs. 1 hog. . . 12 hogs. 2 hogs. . 1 hog. . . 2 hogs. . 14 hogs. 18 hogs. . 1 hog. . . 16 hogs. . 1 hog. . . 1 hog... 1 bog. . . 1 hog. . . 1 hog. . 6 hogs. 2 hogs. . 1 hog. . . 2 hogs. . LShogs. . 17 hogs. . 1 hog. . . vol 810 810 461 860 680 105 120 235 207 80 205 195 200 160 140 216 230 208 200 4O0 4oO 240 270 166 235 130 20Q 208 208 260 173 305 230 215 7S 93 86 88 120 153 150 170 181 148 148 260 17. 16.75 10.00 17.00 7.00 1 8.75 7.50 8.25 6.00 4.00 3.50 17.25 37.60 17.25 17.25 13.75 1117 16.00 198 17.00 16.00 15.75 17.00 Surety for Long Service on a Small Investment TAX EXEMPT General Obligation $20,000 6 Gold Bonds of the Crystal Highway District POWER COUNTY, IDAHO Yielding Dated May 20. 1919. . Denomination $1000. Due. Serially May 20, 1930-19S8. Price 100 to Tield 6 Per Cent. Principal and Seml-Annual Interest Payable In New York or at the House of Morris Brothers. Inc. pHE CRYSTAL HIGHWAY DISTRICT embraces the A most productive portion of Power County. Money derived from the sale of these bonds goes to extend good roads, making the district the more accessible. The district is in the state's premier grain-raising section, where 60 bushels of wheat per acre is common. S' 4.0O 03 Iambs.. 13.00 3 lambs.. 15.50 30 lambs.. 6.00 1 ewe. ... 16. (Ml 5 mixed.. 15.00 6 mixed. . 17.00 5 hogs. .. 17.25 9 hogs... 17.25 5 hogs.. . 12. oo 5 hogs. . . 16.50 1 hog.... 17.0O 17 hogs... 15.50114 hoss.. . 16.5014 hogs.. . " 245 17.00 2 hogs.. . 150 14.001 6 hotrs... 144 14.001 2 hogs... 2S0 14.O0 37.001 io nogs.. . m u.uu 17.0OI10 hogs.. . 108 17.00 17.25 15 hogs.. . 1S8 15.75 17.001 2 hogs... 160 16.00 15.75 1 hog.... 330 15.00 14.75(16 hogs... 26 17.00 15.7512 hoga.. 205 16.75 17.00114 lamba. 82 8.50 15.75133 ewes. .. 84 6.00 Official Quotations at the Portland Union stockyards were as follows: Cattle Price. Choice grass steers $ 9.5010.50 Good to choice steers 8.00"jj 11.50 Medium to good steers 7.500 8.50 Fair to good steers 7.00 7.50 Common to fair steers. . 6.00 7.00 Choice cows and heifers 7.25 0 7.50 Good to choice cows, heifers.. 6.25 7.25 Medium to good cows, heifers. 5.25 6.25 Fair to medium cows, heifers. 4.2569 5.25 Canners 2.753? 4.25 Bulls 5.00 6.00 Choice dairy calves 13. OO 15.50 Prime light calves 11. 50013. OO Medium light calves o.oorn.no Heavy calves Best reeders Fair to good feeders. Hogs Prime mixed Medium mixed ...... Smooth heavy ....... Rough heavy Pigs Sheep Prime lambs ........ Cull lambs Ewes ................ Yearlings Wethers .05.54 Pac T & T 5s..S(l .05.54!Penn 4H" 100 So Pac 5s .100 So Ry Cs 105 II P 4s 105 U S Steel 5s. .. .77 .77 Bld. 80 VI .05 2V .80 9154 Boston Mining Stocks. BOSTON, Aug. 17. Closing quotations: Hides and Plt. HIDES Salt hides, all weights, 1113c green or salt calf, under 15 pounds,' 20f?r22c ereen or salt kid. 15 to 30 pounds. 12o.l5c salt bulls. 9c; green bulls, 7c; dry hides, i;oc: dry salt hides, lc; dry calf, under pounds, zoc; salt norse nides. large. S4 each ; medium .i; small, PELTS Dry fine long-wool pelts. 15c per pound; dry medium long-wool pelts. 12c; dry coarse long-wool pelts, 10c; salt long-wool pelts, $2 to 93 each; salt lamb pelts, 50c to 75c; salt shearlings, 2oo to 50c; salt clippers, 15c to 25c.. Wool, Cascara, Etc. MOHAIR Long staple, 25c; short sta ple. 15c per pound. TALLOW No. 1, 7c per pound; No. 2, So per pound. . CASCARA BARK Fer pound, gross weights, old peel. 12c; new peel, 10c per pound. WOOL Valley, medium, 3oe per pound; valley coarse, quaiter blood, 20c: coarse, low and braid, 15c; coarse matted, 12c HOPS Nominal. GRAIN BAGS Carlots: Spot. 14c. Allouez 21 1 Arizona 9 Cal & Ariz 54 Oal & Hecla...205 Copper Range - 33 Vfe East Butte 83 Franklin 62 Isle Royalle 26V4 North Butte.:. 14 Old Dominion.. 21 lOsceola Quincy (Superior up & .Boston.. Shannon Utah con Winona Wolverine Green Cananea. 36 43 44 2 J 25 12V4 24 Oils. LINSEED OIL Raw, barrels, raw, drums, $1.76; raw, cases, 91.84 barrels. 1 71; boiled, drums, SI. 78 cases. $1.86. . TURPENTINE Tanks, $1.96; $2.11. COAL OIL Iron barrels, 1514c wagons. 25 He; cases. 38c. GASOLlNh, Iron barrels, 2954c: cases. $1.69; boiled, boiled, . cases. tank Money. Exchanre, TCte. NEW TORK. Aug. 17. Mercantile pa per, unchanged. Exchange. Irregular; Sterling, demand, 93.64; cables, 93.6434. Francs, demand. 7.29; cables, 7.31. Belgian francs, demand. 7.75; cables. 7.77. Guilders, demand. 33.00; cables, 33.12. Lire, demand, 4. 88: cables. 4.90. Marks, demand, 2.13; cables. 2.14. Drachmas, 8.51. New York exchange at Alontreal, ll a- per cent discount. Time loans, strong, unchanged. rll money, steady: high, 8:- low. 7 ruling rate. 7; closing bid, 7; offered at 8; ast Joan, . Bar silver, domestic, unchanged; forelan 97 Vic. . Mexican dollars, 74 54 e. LONDON. Aug. 17. Bar silver. 69id per ounce. Money, unchanged; discount rates, short bills, 654 per cent; three months bills, 6 per cent. iURETY BRAND is a moderate priced, smooth surfaced Carey Roofing made in light, medium and heavy weights and finished with talc. It is very popular for barns, garages, factories, ware houses and all sorts of farm buildings. Like all Carey R&n Roofings, it is made of genuine As phalt refined and 'tempered by special processes which are the result of 47 years of practical experience in roof making. There is a SURETY of satisfaction when you buy a roofing that has been on the market for so long a time, and has served so many others in your community so welL Ileadq tiarf are tor building mnd insulating products of ASPHALT MAGNESIA A Roof for EVrp Building PACIFIC ASBESTOS & SUPPLY COMPANY DISTRIBUTORS 67 and 69 First Street, PORTLAND, ORE. 7.00 9.00 6.50 7.00 6.503l 6.00 17.00 17.50 16. 50 (317.00 13.50 15.50 11.O4I0 13.50 12.0 j 15-50 8.00 9.00 6.0O 7.00 2.25 6.00 6.00fw 7.25 6.00 6.50 Chicago livestock Market. CHICAGO. Aug. 17. Cattle Receipts. 10.0O0 head; choice steers, steady; others very draggy ; undertone weak. Early top, $10.75: good to fairly choice, S13.2516.59; grassers tending lower, f 0.50fi14.50; good and choice cows. S9.7510.&0; canners and cutters, S46.25; slow, steady; medium j erades. dull: holosnia bulls, drasrw. 5.5(1 tfl) I 7.50; veal calves, uneven; early sales to butchers, strong, mostly $1515.50 for choice; packers bidding lower; Blockers strong. Ho;a Receipts. 20,000 head; mostly 10c to 15c higher tnan yesterday's average. Early top, S16.10; bulk light and butchers,' $15.3516; bulk packing sows, S14.30Q 14.50; pigs, strong to higher. Sheep Receipts, 19,000 head; natives about steady; lambs, $12.25 down to pack ers; fat ewes, largely $7(7. 50; wethers, slow; good Idaho lambs, f 12.65; good Mon tant wethers, bid $7.75; feeders, quiet. Omaha Livestock Market. OMAHA. Neb., Aug. 17. Hogs Re ceipts. 6500 head; generally 10o to 25c higher. Medium and light butchers to shippers. $14.7515.25; top. $16.40; strong weight and packing grades, $14. 35 14.65. Cattle Receipts. 6500; fed cattle stead to strong; best fed yearlings, $16.75; grass steers and she stock, steady to $2.50, lower. Stockers and feeders, firm. Sheep Receipts, 31.000 head; lambs, steady to 25c lower; best early sale, $12; sheep aeid feeders, steady; best ewes, $6.25; best early sa,lc. feeding lambs, $12.40. Kansas City Livestock Market. KANSAS CITY, Mo.. Aug.' 17. Cattle J 734 734 8 Province of British Columbia Five-Year 6 Gold Bonds - Denominations $500 $1000 . . Our original allotment having- been over subscribed, we have obtained an additional block of these bonds, which we offer at 92.85 and accrued interest, yielding 7 Wire orders "collect" Freeman Smith & Camp Co. SECOND FLOOR NORTHWESTERN BANK BUILDINGS sm rBcisco Main 646 Telephone or Telegrraph Orders at Our Expense. MORRIS BROTHERS, Inc. The Premier Municipal Bond Hone Between Kutal-llshed Quarter of a Century Telephone Mb and 6ta Morris li !!.. 309-11 Stark St. Broadway Streets Capital One Million Dollar 2151 Receipts, 1R.O00: beef steers, steady to weak; top, J 16. 85: other sales. $1016.7a; bulls, strong; other classes mostly steady. Texas cows. $B: choice natives, $10.50; bulk vealers. $12l.t: top, $13.50. Sheep Receipts, 8500; active and steady, no choice western lambs offered; top na tives, $12; feeding lambs, 111.70. Seattle livestock Market. SEATTLE, Wash., Aug. 17. Hog re ceipts, 88: firm. Prime, $17.7518.25; medium to choice. $16.7517.75: rough heavies. $15.25 10.2.1; pigs, H3.5O015. Cattle Receipts, 68; steady. Prime, $10 10f0: medium to choice. SS.50Ofl.50: Coffee Futures Still Weak. NEW TORK. Aug. 17. The market for coffee futures showed continued weakness today with prices making new low ground f-r the movemert. After opening at a decline of 2 to 9 points there were rallies on covering an.1 it weemed that the de- SSc. FUEL OIL, Bulk, $2.10 per barrel. Eastern Cash Grain Market. St. l.ouis Cash wn-at, S to 4c higher. Corn, steady; lc higher. Kansas City Cash wheat, 3 to 5c higher. Corn, 1 to 2o higher. September oats unchanged. Omaha Dark wheat, $2.50. New Tork Sugar Market. NEW YORK, Aug. 17. Raw sugar, quiet; centrifugal, unchanged. Refined, quiet: fine granulated, "unchanged. Profitable Advice It you are Interested In any of the fol lowing securities, you should send Im mediately for this week's "Weekly Market Uuide." - Sample Copy Free Ask for MG-19. N. Y. Central Union Pac Federal Oil Southern Ry. Skelly Oil United Profit Sharing White Oil U. S. Steamship Sim ma PetroL Grape Ola and many others comprehensively analyzed. Stocks carried on Margin, also on the 20 Months' Payment Plan. Crossman, Sherman Co. Stocks & Bonds 7 Pine Street New York City 7512 Of all the steel filing cabinet and furniture equipment in the banking and business offices of the world today is the product of the Art Metal Con struction x Co.'s factories at Jamestown, N. Y. Their catalogue of Steel Let ter Files, Document Files, Card Index Files, Roller Shelves, Vault Trucks, Safes, etc., fur nished on request. Glass & Prudhomme Co. Agents Art Metal Construction Co. PRINTERS : BOOKBINDERS DESKS : FILING CABINETS 65-67 Broadway Portland,' Oregon PACIFIC POWER and LIGHT COMPANY B fl ea 1 IB I IS BANK. We offer for investment our allotment in $1,000,000 Pacific Power and Light Co. First Lien and General Mortgage 8 Gold Bonds Dated Angrist 1, 1920 Due Augnst 1, 1930 Denominations $1000 and $500 ryHIS company serves southeastern Washington and northeastern Oregon, including Walla Walla, Yak ima, Vancouver, Astoria, The Dalles, Pendleton, Hood River and Lewiston, Idaho. The company's growth and earnings over a ten-year period indicate a strong and substantial condition. 717s of .company's electric capacity is hydro-electric. We recommend these bonds for investment Price 98 : Yielding Over 834 Complete detailed information on request BOND DEPARTMENT Ladd & Tilton Bank Oldest in the Northwest 4EMBEr FEDERAL I SrSTEM. , Washington and Third Streets common to good, S6.nO9f7.50: best cows and heifers, $.7507.2; medium to choice, common to good, S4. 5.2o; bulla, J5 &'!: calves, $7114. 8wift Co. Stocks. Closing prices of Swift & Co. stocks a Chicago were reported by Overbeck Cooke company of Portland as follows: Swift & Co 104 H Swift International 30 4 Llbby, McNeil & Llbby 12 4 National Leather 10 Vi Dried Iult at New Tork. NBW TORK. Aug. 17. Evaporated pies. dull. Prunes, firm. Peaches. The Money Goes Back for Improvements An increase of 61 in population and an addition of 53 in the number of consumers during 10 years indicate partially the steady growth of this great company and the reason for this issue of IO Year 8 First Lien and General Mortgage GOLD BONDS Pacific Power & Light Company It serves 65 cities and communities in Oregon and Washington, and enjoys a profitable, non competitive business. PRICE 98 !4, YIELD 84 A TEN-YEAR, 8. COUPON BOND DENOMINATIONS $1000 AND $500 Dated August 1, 1920 Due August 1, 1930 BUSINESS DEVELOPMENT The business development of the Company is shown by the following statement of the number of customers in 1914 and. in 1920: Total Electric1 Cnstomera December 31, 1914 17,998 June 30, 1920 .28,956 - Gaa Customers 6,366 8,719 CoMtomen 4,680 6,649 29,044 44,324 The increase in the number of electric customers from December 31, 1914, to June 30, 1920, was equal to 61. The increase in gas customers was equal to 37 ; in water customers equal to 42 and in total customers equal to 53. This well managed, local concern serves such agricultural communities in the northwest as Hood River, Oregon, Walla Walla, Washington and the Yakima Valley. The Yakima Valley alone, which is served by the Pacific Power & Light Company without competition, produced $42,000,000 worth of produce in 1919. PRICE 98.25 TO YIELD 8.25 Blyth. Witter.9 & Co. VNIIH) SMES GOVERTO-UOT MUNICIPAL, API CORPORAIICW BONDS ' YE0N BUILDING, PORTLAND Telephone Main 8183 Seattle Los Angeles San Francisco New York wLeMfcsCliUsnstlLaal omotislfmLCo. Uador- SnpervisLcnx. Oregon. sLiia Banking DojarLmjenl- BONDS TRUSTS ACCEPTANCES Lumbermens Bldg Investment Opportunities and Oar Twenty Payment Plan Mat nMki. which nn be norchM b d 01 BBvall iwimuk. zttMllnc owr a palled of twesty moDtas. This plan was wnritd by ms LB ISM. Vem eaa secure Dot free. Writ far 17-. TO Investment Securities 40 Exchange Plac, New York TAX EXEMPT BONDS TO NET 7 PREFERRED STOCKS We buy and sell all local securities. Robertson & Ewing 207-8 N. W. Bank Bldg. German Cities Bonds are now actively traded in on the New York Curb. We are specialists in these issues and particularly recommend the purchase of Berlin 4, Hamburg 4Vz9 Bremen 4 tor the reason that these cities repre sent the most important industrial and shipping centers In Germany and the.e bonds have by far the largest security back of them. At present prices, profits of 1000 are possible. We execute orders either tor cash or on conservative margin. ' Writ for Circular K-6. Send for our Weekly Market Letter, containing; careful analysis of all active i. V. stocks m&ilrd free. HENRI & BERNHARD WOLF & GO. Incorporated. Stocks, Bond. Forelen Exchange. 230 Madison Ave, New York City. Phone Your Want Ads to The Oregoraan Main 7070 Aut. 560-93