TIIE MORNIXG OKEGOXIAX. SATURDAY, AUGUST 21, 1920
10,
WHEAT MOVEMEnT
TO PORTLANDHEAVY
Receipts Are About Twice as
Large as Year Ago.
arrived yesterday and cleaned up readily
at fl. 8562.25.
Southern Oregon Bartletta are coming
on the market and are held at $4 a box.
Bank Clearings.
Bank clearings of 'the northwestern cities
today were as follows:
Clearings. Balances.
J5,201.9:lS $807,344
4.S77.0K7 664. 34U
tHi3.r40 133. 2H2
1. 060.733 504.USJ
Portland
Seattle
Tacoma .
Spokane
4"
SOUND ARRIVALS LIGHTER
PORTLAND MARKET QUOTATIONS
Grain, Flour, Feed. Etc.
Merchants Exchange, noon session.
Bid
Wheat (tacked)
Hard white
Soft white
White club
Hard winter
Northern spring ...
Red Walla Walla..
Sept. Oct.
.$2.32 2.32
L.oc-aI Warehouses Receive Nearly
Four Times as Much as North
ern Ports Combined.
The lead that Portland is maintaining
aver Puget sound as a wheat exporting
point Is clearly shown in the arrivals of
wheat here, inasmuch as nearly all the
train coming in la lor shipment abroad.
Since the beginning of the current cereal
year wheat receipts at Portland have
aggregated 2.505,100 bushels, or 1.83!),500
bushels more than the combined receipts
at Tacoma and Seattle. Tacoma receipts
since the beginning of the season have
been 4A2.S00 bushels and Seattle's receipts
202,800 bus;els. The movement of wheat
to tidewater Is well ahead of the same
date last year, the total receipts at
Portland, Tacoma and Seattle showing a
rain of 616,500 bushels over one year ago.
There was little doing in the wheat
market yesterday. Practically nothing is
selling in the country, as farmers believe
they will benefit by holding. Buyers here
do not take this view, as they insist that
the present high prices are almost solely
due to the Polish crisis and when it passes
they think the market will fall. Wheat
bids at the Merchants' Exchange were
unchanged.
One hundred tons of corn were sold on
the board for September shipment at
$03.50. an advance of 50 cents over the
previous day's bid. Oats bids ranged from
11.50 lower to 2 higher and barley bids
from 50 cents lower to $1.50 higher.
Weather conditions In the middlewest,
as wired from Chicago:. 'Chicago, cloudy
and warm. Terre Haute, cloudy, sultry.
Burlington, clear, warm. Des Moines, part
cloudy. 75. Omaha, heavy rain last night,
71. Wichita, rain, 78. Kansas City, rain.
7S. St. Louis, cloudy, 72. Little Rock.
clear. 73. Joplln, clear, 72. Frost In
Begina, Canada."
The Argentine Wheat visible Is 1,850,-
000 bushels against 2. 760,000 bushels last
week. Corn. 8,000.000 bushels against
6. 400,000 bushels last week. Argentine
shipments this week were: Wheat, 1,196,
0(10 bushels; porn, 2,300,000 bushels; oats,
40S.0OO bushels.
Terminal receipts, in cars, were reported
by the Merchants' Exchange as follows:
Wheat. Barley. Flour.Oats. Hay
Portland Friday
Year ago . . . .
Season to date.
Year ago
Tacoma Thurs.,.
Year ago
Season to date.
Year ago
Seattle Thiirs... .
Year ago
Season to date.
Year ago
100
14
.1027
, i2S
12
, SO
. 3r6
. 413
. 19
. t.-.B
. 277
2
17
SO
"s
11
35
T
36
59
1
5
117
139
53
63
2.31
2.30
2.30
. 2.32
. 2.28
Aug.
.50.00
.45.00
.49.00
31
2.30
2.30
2.32
2.28
Sept.
4S.O0
40.00
4N.00
47.00
63.50
40.25
63.50
Nov.
$2.32
2.31
2.30
2.30
2.32
2.28
Oct.
4M.00
46.00
4S.00
47.00
63.50
41.00
62.50
STOCK GAINS INCREASED
WALL STREET TRANSACTIONS
ARE LARGEST OF WEEK.
GERMANY BUYS WHEAT
PURCHASE OF 200,000 BUSH
ELS AT GULF REPORTED.
Broader Group of Securities Is
Traded In Money Rates Are
Easier Bonds Irregular.
4
76
8
42
J 82
2S1
iii
94
150
8
9
198
193
MOST YAKIMA CROPS ARE GOOD
Alfalfa Yield la Heavy and Apples Are
of Better Quality and Size.
The prospects generally throughout the
Taklma valley are for a very prosperous
year, according to report received by W.
15. Skinner, traffic manager of the Spo
kane, Portland & Seattle railway, from
G. P. Dinwoodie, traveling freight agent
of that line in the Yakima valley terri
tory, which includes Grandview. Sunnyside,
Toppenih. Grangr, Zilla, Donald and
Wapato, Wash.
Crops, with the exception of peaches
and berries, are in very good condition
In that section. The principal crops are
alfalfa and timothy hay, apples, peaches
and enough grain for stock feed. The
second crop of alfalfa has just been taken
off and slacked and preparations being
made for the third crop. The second crop
averaged three tons per acre and buyers
are offering $18 to $23 per ton baled, with
very little being sold, fanners claiming
that they cannot make any money in
selling at loss than $23 per ton, on ac
count of high cost of irrigation, baling
and labor.
The apple crop, while not so good as
In former years as to quality, is going
to be of much' better quality and size and
will bring a higher price on the market.
The berry crop, which consists mostly of
loganberries and grapes, is not very
heavy, owing to "the past winter freezing
the vines. The peach crop will be very
light. The cantaloupe and melon crops
are very good but are not finding a ready
market, although the quality is the best.
FRANCE REQIIRES LITTLE WHEAT
Harvest Will Trohably Reach Expectations.
KngHbh AY beat Satisfactory.
Foreign crop conditions in the main are
good, -according to Broomhall's weekly
cable summary, which says:
United Kingdom Harvest progressing
slowly, being delayed by rain. Samples
of new wheat are satisfactory, but some
of the new oats show depreciation from
the heavy rains.
France Harvest practically completed.
Harvest of wheat will probably reach ex
pectations; import requirements this year
light.
Germany Harvest Is earlier than usual,
condition of crops over average. Farmers
have sown a large acreage and put a lot
of work In, so a good yield is expected.
Netherlands Weather favorable for har
vesting, which Is progressing satisfactorily.
Australia Further beneficial rains have
bten experienced, so that the land is in
excellent condition and the crops promise
to turn out in good shape, there being
good moisture for the roots.
India Agricultural conditions generally
helpful, although the rainfalls at seeding
time have been rather light.
Argentina Weather continues fine In
most parts of the country. A fairly large
acreage planted to w heat and the rainfall,
although not abundant, has been ample
ior tne sowing of the crops.
PRINT BITTER MAY RAISE MONDAY
liggs Scarce and Firm, Although Demand
Is Not Active.
Tli. hntfa, n,..l,.t l.
. ...... , .ry nrm and an
... inrni prices on .Monday would
occasion no surprise. Top grade stock is
nam to, get nold ot and the demand is
good. nut lor tne bearish views of Seat
tle dealers, who claim they can bring in
eastern butter, the local market would
prooaDiy nave moved up this week
Eggs were firm because of the extremely
mail receipts, although the demand was
none too keen. Buying and selling prices
were not changed. The car of fresh Ne
braska eggs recently brought In has been
closely cleaned up. Negotiations are under
way for the purchase of additional east
ern cars.
Receipts of poultry and dressed meats
were light and prices were unchanged.
. CANTAIX)IPE MARKET IS' FIRMER
California Shippers Diverting Cars, Owing
to Recent Low Prices Here.
There whs a firmer feeling in the canta
loupe market. The low prices that have
lately prevailed here have not satisfied
California shippers and they are diverting
their supplies to other markets. Stocks
on the street are cleaning up and some
dealers have advanced their prices.
A car. each of i&lberta and Lovell peaches
No. 2 white oats...
..o. 2 gray oats....
Brewing barley . . .
Standard feed barley .. 49.00
No. 3 yellow corn 64.00
Mlllrun Svio
No. 3 east, yellow corn. .64.50
FLOUR Family patents. $12.95; bakers'
hard wheat, $12.95; tfest bakers' patents.
$12.95; valley, $11.20; graham, $10.80; whole
wheat, $!l.u..
MILLFEKD Prices t. o. b. mill: Mill
run. $59 per ton: rolled barley. $tll!&64;
rolled oats, $G4&U5; scratch feed, S4tfS5
per ton.
CORN Whole. $7273; cracked. $7576
per ton.
HAY' Buying prlcei f. o. b. Portland:
Alfalfa, $24&25; cheat. $19; clover, $20;
valley timothy, new, $2728.
Dairy and Country Produce.
BUTTER Cubes, extras. B4H55c lb. ;
prints, parchment wrappers, in box lots,
59c par pound: cartons, 60c: half boxes,
c more; less than half boxes, lc more;
hutterfat. No. 1, 58c per pound at stations,
Portland delivery, 62c.
EGGS Buying price, loss off. 50c; Job
bing prices to retailers: Candled, 54c;
selects, 5Kc.
CHEESE Tillamook, f. o. b. Tillamook:
Triplets. 29c; Young Americas, 30c.
POULTRY" Hens. 17&27c; springs. . 29 8
30c; ducks. 25&33c; geese, nominal; tur
keys, nominal.
PORK Fancy, 25c p v pound.
VEAL, Fancy, 23c per pound. ,
Fruits and Vegetables.'
FRUITS Oranges. $5.75f7.50; lemons,
S4.50&5.50 per box; grapefruit. $36 per
box; bananas, per pound; apples,
new, $1.50Ji4.25 per box; cantaloupes, 75cS
$2 2-T per crate; watermelons. 2Vfe-3c per
pound: peaches, $1.S5&2.25 per box: plums,
$1.75(!2.25 per box; casabas. 5c per pound;
grapes, $3.503.75 per crate; pears, fitf
4.75 per box; blackberries. $3.25.
VEGETABLES Cabbage. 243c per
pound; lettuce. $1. 502.50 per crate; cu
cumbers, 73$i00c per dozen; carrots. $3
3.50 per sack; horseradish, 25c per pound;
garlic, 30c; tomatoes. $1(&1.25 per box;
peas, 7 10c per pound; beans. 5 fa 8c per
pound; beets, $3.50 per sack; turnips, $3.50
per sacK; eggplant. l.c per pouna;
green corn. 3(&40c per dozen.
POTATOES New white. 3 '.4 5? 3 '4 c per
pound; sweet potatoes, 15(&17Vc per
pound.
ONIONS Yellow. $1.5001.75 per sack.
Staple Groceries.
Local jobbing quotations:
SUGAR Sack basis: Cane, granulated,
21 H c per pound.
HONEY' New, $77.50 per case.
NUTS Walnuts, 223Rc: Brazil, nuts.
35c; filberts. 3o(&33c; almonds, 35c; pea
nuts. 14&15c; cocoanuts, $1.75 per dozen.
RICE Blue Rose, 14c per pound.
BEANS Small white, 7c; large white.
7c; pink. 8!4c; lima. 12c per pound:
bayous, llc. Mexican reds, lOVic per
pound.
COFFEE-Roasted in drums, 3050c.
Provisions.
Local jobbing quotations:
HAMS All sizes. 42i&.40c; skinned, 41
46c; picnics. 2oc; cottage roll, 3oc.
LAKD Tierce basis, 23c; shortening,
20c per pound.
DRY SALT Short, clear backs. 2527c
per pound; plates, 21c.
BACON Fancy. 465Sc; standard, 32
42c per pound.
Hides and Pelts.
HIDES Salt hides, all weights. 1113c
per pound; green hides, all weights, 9c;
green or salt calf, under 15 pounds, 20
22c; green or salt kid. 15 to 30 pounds,
12i!13c: salt bulls. 9c: green bulls. 7c:
dry hides. 20c; dry salt hides. 15c; dry
calf, under 7 pounds. 25c; salt horse hides,
large. $4 each; medium, $3; small, $2.
PELTS Dry fine long-wool pelts. 15c
per pound; dry medium long-wool pelts,
12c; dry coarse long-wool pelts, 19c; salt
long-wool pelts. $2 to $3 each; salt lamb
pelis. 50c to 75c; salt shearlings, 25c to
50c; salt clippers, 15c to 25c.
Wool, Cascara, Etc.
MOHAIR Long staple, 23c; short staple,
15c per pound.
TALLOW No. 1. 7c per pound; No. 2.
5c per pound.
CASCARA BARK Per pound, gross
weights, old peel, 12c; new peel, 10c per
pound. ,
WOOL Valley, medium, 35c per pound;
valley coarse, quarter blood. 2lc; coarse
low and braid.. 15c; coarse matted, 12c.
HOPS Nominal.
GRAIN BAGS Car lots: Spot, U4j-Ui
Oils.
LINSEED OIL Raw, barrels, $1.69
raw, drums. $1.76: raw, cases, $1.84; boiled,
barrels. $1.71; boiled drums, $1.78; boiled,
cases. $1.86.
TURPENTINE Tanks, $1.06; cases.
COAL OIL Iron barrels, 15c; tank
wagons. 2.H4c; cases. 28c.
GASOLINE Iron barrels. 29 c; casee,
FUEL OIL Bulk, $2.10 per barrel.
NEW YORK. Aug. 20. The stock mar
ket made further progress toward recov
ery today, yesterday's rebound zrom low
levels of the early days of the week be
ing very substantially enhanced on a pro
nounced expansion of business.
Not only were the day's transactions the
largest of the week, but they encom
passed a more diversified group of stocks.
Including investment raits as well as many
speculative specialties recently subjected to
severe pressure.
Local banks manifested a more liberal
attitude regarding time loans, though
holding to long prevailing rales, and call
money was loaned over the week-end at
7 er cent.
Steels, equipments and oils were the
most active stocks, followed by motors and
their subsidiaries, rails and shippings. Su
gars recovered part of their loss and to
baccos, leather and paper Issues featured
the specialties, metals also hardening.
Sales, 325,000 shares.
Theb ond market failed to Veep pace
with stocks, either as to the tone or ac
tivity, althoigh liberty issues, excepting
the 8s, were mostly higher. Among for
eign bonds United Kingdom and Belgian
issues eaxed slightly with Anglo-French
5s, while Paris 6s made a fractional gain.
Total sales, par value, $7,475,000. Old
United States bonds were unchanged on
call.
some of the New England worsted mills
have been closed this weelc for an indef
inite period."
The Commercial Bulletin tomorrow will
publish wool prices as follows, with the
statement that quotations are more or less
nominal. Scoured basis:
Texas Fine 12 months, $1.52g1.60.
California Northern, $1.55 1. HO; middle
county. $1.50: southern, $1.25 1.30.
Oresrnn RAjstern Nn 1 fftsmle. $1,600
Territory Fine staple. $1.65: half-blood I Britisn Commission and France
combing. $1.40 91.45: three-eighths blood
combing, 90395c; one-fourth blood comb
ing, 7T.a75c: fine clothing. 1.40i.!u;
fine medium clothing. $1.251.30.
Pulled: Delaine. $1.60; A A, $1.351.45;
A supers. $1.051.10.
Mohair Best combing. 40 50c; best
carding, 38 40c.
San Francisco Produce Receipts.
SAN FRANCISCO. Aug. 20. Receipts--
Fleur. 560 quarters; wheat, 15 centals.;
barley, 3236 centals: oats. 1339 centals;
beans, 2165 sacks; potatoes, 1775 sacks; I showed
onions, 4a sacks; hay, 413 tons; orangea,
2000 boxes; livestock, 1110 head.
CLOSING STOCK QUOTATIONS
Sales.
Am Beet Sug. 1,300
Am Can 4.100
Am Car & Fdy 4,000
Am H & L pfd 1,000
Am Int Corp.. 3.6O0
Am Loco 3,100
Am Sm & Rfg 7(0
Am Sugar . . . 1.4fo
Am Sum Tob. 1,300
Am Tel & Tel. ,-,00
Am Woolen . . 3.40O
Am Z L & S. . loo
Anaconda Cop 400
Atchison 9(io
A G & W I. . . 1.B00
Baldwin Loco 23.700
Bait & Ohio.. 20.500
Beth Steel B 13.9(10
B & Sup Cop.. 300
Calif Petrol.. 300
Canad Pacific 1.300
Central Leath
Chandler Mot.
Ches & Ohio..
Chi M 4 St P
Chi & Northw
Chi R I & P..
Chlno Copper.
Col Fu & Iron
Corn Products
Crucible Steel.
Cub Cane Sug
Erie . ;
Gen Electric. .
Gen Motors. . .
Gt North Jfd.
Gt N Ore ctfs
Illinois Cent. .
Inspi Copper..
Int M M pfd.
Int Nickel ...
Int Paper ....
Kan City So . .
Kennecott Coo
Mex Petrol . . . 14.SO0
Mid States Oil 5.100
Midvale Steel.
M Iss Pacific. .
Nevada Cop..
N Y Central..
N Y N H & H
Norf West
North Pacific.
Ok Prd & Rfg
H-Am Petrol.. ::".mi
Pennsylvania. 2,100
P & w Va 100
Ray Con Cop. 400
Reading 10.1O0
Rep I & Steel R.700
R Dutch N Y. S.lOO
Shell X T. . 6(10
Sin Oil & Rfg IO.OOO
South Pacific. 4.400
South Rv ... 3.000
S O of N J pfd soo
Stude Corp .. 10.500
Texas Co .... 1S.4UO
Texas A Pac. 4.400
Tob Products. 2.700
Transcon Oil.. 1.5(0
Union Pacific. 2.000
V S Food Prd 1.4O0
I! S Ind Alco 3. inn
U S Rtl Stores .:mn
II S Rubber... 4.6CO
U S Steel. . . . 30.2OO
3.5K0
4,400
1.100
2.1O0
400
5.100
400
100
2.3O0
6.5110
3,3M)
600
100
8,000
1,6(10
600
1,100
100
i.eoo
4,700
2.400
1,200
1.700
2.S00
l.soo
700
1 OOO
41.200
9110
2,100
500
U S Steel pfd
Utah Copper..
West Electric
Willys-Ovid ..
200
200
2.400
1,500
High.
74
34 M
134
74
931
55
114
84
90
7 9 "4
12
52
81
137
106
3S
75
19
26
119
53
87
57
34
70
34
25
35
89
137
37
12
141
"2
72
31
86
46
74
20
79
18
24
100
39
2.1
10
72
33
91
73
3
80 4
40
27
14
90
S3
81
49
27
92
27
K-
63
47
35
63
10
117
59
84
67
86
SS
1(6
61
47 '4
16
Low.
. 72
33
133
72
70
94
53
114
83
1
7S
12
51
81
133
105 1,
35
74
19
26
119
54
85
58
33
69
34 -
25
3.1
SS
13.1
36
12
141
21
72
30
85
46
72
19
78
IS
23
1.16
Last
' Sale.
73
34
134
74
71
93
55
113
84
96
78
12
52
81
130
10.1
37
74
19
26
119
55
87
57
33
09
34
2.1
3.1
88
135
36
12
141
ai
72
31
8.1
46
73
19
79
18
23
1.18
11 12
39
2.1
10
71 ,
33
90
73
3
83
40
27
14
87
81
81
49
25
91
26
105
62
40
34
61
10
117
58
83
.66
84
87
3 06
61
47
16
Are Still Out of Market; Early
Loss at Chicago Regained.
CHICAGO, Aug. 20. Further breaks
were m evidence In all grains today be
cause of liquidation In corn. At the fin
ish wheat for December delivery was un
changed from yesterday's finish at $2.37,
while March was off c at $2.38. Corn
net gain of 44c. white oats
were up & c. There was a decline in
pork ot 20 cents and a loss ot 15 17c In
lard, whUe ribs were a shade to 12 c
higher. ,
Buying by stronr commission houses
caught the wheat market after It had
broken 3 cents at the start and prices
were carried back to about yesterday's
finish, the market easing off, closing firm.
France and the British commission were
still out of the market, but Germany took
uu.uou tmsnels at the gulf.
Overconfidence on the part of the bears
led to their undoing in the corn trade.
Oats showed stubborn resistance to sell
ing pressure from the start.
Provisions declined after an early bulge
and the average of prices was lower.
The Chicago market letter received yes
terday by Overbeck St Cooke company of
rortianc said:
V, heat December sold lower early on
accumulation of hedge selling orders over
night, but recovered the loss at the close
of the market. Developments of the day
were unimportant and the volume of trade
was small. Cash prices were 2c to 2c
lower and spot premiums on a bisis of
about 19 cents over December- for No. 1
grades. The news emanating from ex-
Lamb Trad Fairly Activ With Pr circles was not suggestive of an lm
Metal Market.
NEW YORK. Aug. 20. Copper. Iron,
antimony, lead and zinc unchanged.
Tin, weak; spot and nearby, 47.2oc; fu
tures, 47.0OC.
New York Sugar Market.
NEW YORK, Aug. 20. Raw sugar quiet:
centrifugal, 12.04c; refined, dull; fine
granulated, unchanged.
Cotton Market.
NEW YORK, Aug. 20. Spot cotton,
quiet; middling. 33.50c.
ALL LINES ARE STEADY
10 LOADS OF STOCK RECEIVED
AT NORTH PORTLAND.
had to climb a. barbed wire len.ee to
safety.
ODDFELLOWS ARE SUED
Two Ask $20,000 for Alleged Dam
age to Reputation.
SALEM. Or., Aug. 20. (Special.)
Green Mountain lodge No. 119, Odd
fellows, today was made defendant
in a suit in the Marion county cir
cuit court in which Oerald Wolfe and
Wilbur Smith seek to recover $20,000
for alleged damages to their reputations.
The suit is the outgrowth of an
Laction brought recently by the lodge
to obtain an order restraining Wolfe
and Smith from entering the dance
hall owned by the lodge. The lodge
charged that Wolfe and Smith had
entered the hall while Intoxicated,
with the result that some of the
dancers left the premises.
Wolfe and Smith, in their suit, deny
that they were intoxicated when they
entered the dance hall, and allege
they were ejected without cause or
provocation.
PRICE
92.65
TO YIELD
Bulk of Sales at $8.7 5; Hog
Business Light.
porting France out of the market and
similar advices came from the United
Kingdom. We believe the holding attitude
on the pare of farmers in certain sections
of the belt will be of short duration if it
is -shown that -the foreign demand is not
going to be as a-ggrersive as anticipated.
Corn Heavy liquidation in September
was the feature of the early trading and
ex-tensive short covering In the same month
10
71
33
90
1A
3
40
27
14
89
81
81
49
26
-92
27
105
62
46
34
63
10
117
58
84
07
8.1
87
100
61
47-4
10
Wt. Priee.l Wt. Price.
26 steers. 807 $ 6.33 2 hogs 205 15. OO
1 steer.. 910 7.2.1 17 hogs. . ... 198 16.00
23 steers. 1015 6.65 2 hogs.... 185 17. OO
4 steers. 977 8.00 1 hog 210 li.OO
lcow... 650 3.00 10 hogs. ... 187 $17.00
lcow... 740 5.50 4 hogs . 175 16.75
lcow... 960 3.50 1 hog 120 14.50
lcow... 890 7.50 5 hogs,... 182 16.75
Scows.. 845 5.50 1 hog. 150 17.00
24 cows. . 1045 6.75 6 hogs' 160 17.00
lcow... 990 7.60 3 hogs 133 16.00
lcow... 1060 6.00 1 hog 220 17.00
lcow... 980 4.50 2 hogs 170 17.00
lcow... 1210 6.75 8 hogs.... 131 16.50
5 cows.. 111M 6.00 9 hogs 143 16.00
1 calf . .. 160 14.00 1 hog 220 16.50
lbull... 1200 5.00 1 hog 200 16.75
1 bull... 120O 4.50 4 hogs 145 10.50
lhog... 3o 14.00120 hogs. . .. 110 14.25
6 hogs. . 203 16.001 2 hogs 260 14.00
2 hogs.. 275 14.00 3 hogs 183 14.00
lhog... 290 15.001 7 hogs 2117 16.75
5hogs.. 206 17.001 lhog 140 15.00
lhog... 390 15.O0I33 lambs. .. 69 6.00
5 hogs.. 210 17.00131 lambs. .. 98 8.00
4 hogs.. 11)0 16.0O! 10 lambs. .. 71 6.50
lhog.:. 820 15.001 15 lambs. .. 66 6.50
2 hogs.. 2.15 16.50140 lambs. .. 63 6.50
6 hogs.. 2.12 15.0Oi40 lambs. .. TO 8.75
4 hogs.. 210 16.501 1 lamb.... 110 8.00
lhog... 390 15.00118 lambs. .. 77 8.00
2 hogs.. 225 17.0l;i36 lambs.. 62 7.60
43 hogs.. 200 17.00118 wetifers. 155 4.00
16 hogs. . 271 15.O0I
Official quotations at the Portland
$75,000
CITY OF NORTH VANCOUVER
(Province of British Columbia)
6 GOLD NOTES
EXEMPT FROM ALIj DOMIJflOlW GOVERNMENT TAXATION.
Dated Jane 15. 1920. Dae June IS, 1023.
DENOMINATION $500
Price 92.65 to Yield 9
Principal and semi-annual Interest June 15th and December 15th.
Payable in gold coin of the United States at the agency of the Roval
Bank of Canada in New York. City or at the offices of Morris
Brothers, Inc.
BONDS.
U S Lib 81b. ..RO.fmi Anglo-Fr 5s ... 9ft
do 1st 4a. .84.341 A T & T cv 6s. 74
do 2r1 4s . .. .R4.20I Atch gen 4s . . . 73
do 1st, 4Ub..M.7;D & R O con 4s.:i
do 2d 4 UP- 8145: NYC deb 6s. .
no ou t-i7,;-1' 1
do 4th 44-..ftt.'4!N P 3s
Victorv . ..95.6)1! Pac T & T 5s.
do 4is 9,V.rs:Pa con 4s...
U S 2s reg. . . .1fMt;ViS P cv 5s
do coupon. .MoniSo Ry 5s
U S 4s reg....lor U P 4s
do coupon ..105 U S Steel 5s..
Pan 3s res 77
do coupon . ..77 Btd.
S9
741
53
81
82
80
There were no new features to the trad
ing at the stockyards yesterday. Ten
loads were received and they sold at steady
prices. There was a fair amount ox busi
ness in the lamb division, with the bulk I stood out conspicue-usiy during the latter
of sales at $8.75. The best hogs offered I part of the session. The late advance
went at $17. A quantity of horned cattle I simply emphasized an oversold condition
were on the market, for which buyers I as there was nothing constructive In the
offered a lower price than for dehorned generaJ -news - aside from firmness In the
stock. I cash market reflecting Inadequate receipts.
Receipts were 65 cattle. 1 calf, 541 hogs I The weather map this morning was high-
and 353 sheep. The day a sales were as 1 y xavorabie. showing rains where needed
follows: 1 in practicauy ail sections or Missouri, Kan
sas, jsebraska and Iowa, and some light
showers In. IUinoi. Oversold pit condi
tions. uch as experienced tod a v. are to
185 17.O0 I be ex Deer ted from time to tim Hut th
il'! I cose ot supplies in the country over 'the
1? tA'-rs I Prospective demand, together wkh adverse
economic conditions, must eventually pre
dominate and for this reason we advocate
a post Hon on the selling side of tre market
during strong periods
Oats After an easy start In sympathy
with other grains, this market developed
independent strength, accompanied by
buying on the part of leading eastern in
terests. Shipping sales totaled 140,000
busmen, of which 100,000 went to export
ers. Cash premiums were firmly main
tained. The appearance o an active ex
port demand would very quickly change
the trend of this market, but we would
prefer to await more definite indications
of such before takln-g a position on the
buying side.
Provisions Irregular. lard receiving
some support from local packers early in
the day, while scattered selling at the ad
vance found support Wght. Hogs indicated
for tomorrow 18,000.
Leading futures ranged as follows
Union stockyards were as follows :
Cattle Price.
Choice erass steers S .5niffl0.(
Good to choice steers
Medium to good steers
Fair to good steers
Common to fair steers
Choice cows and heifers
Good to choice cos, heifers..
Medium 10 good cows, heifers.
Fair to medium cows, hellers.
Ccnners
Bulls . . .
Choice dairy calves
Prime light calves
Medium light c&Wes ..,....
Heavy calves
Best feeders ,. . . .
Fair to good feeders
Hogs
Prime mixed
Medium mixed
Smooth heavy
Hough heavy fc
Vies
Sheept
Prime lambs
Cull lambs
Ewes
Yearlings
Wethers
FAIR SECRETARY NAMED
Gordon C. Brown Takes Position i
Resigned by Professor Wright.
HOOD RIVER. Or.. Aug. 20. (Spe
cial.) Gordon G. Brown, horticultur
ist of the Hood River experiment sta
tion, has been elected secretary of the
Hood River county fair board, suc
ceeding R. V. Wright, teacher of the
agricultural department of the local
high school, .who has resigned his
position and who will leave soon for
Berkeley, Cal., where he will take
charge of extension work in farm
management. Mr. Brown has been
actively engaged as a fair booster for
the past two years.
The local school board announces
thax no successor has been secured to
replace Professor Wright and it is
likely that the work xt vocational
agriculture may be dropped the com
ing year.
FIXAKCIAL STATEMENT,
Assessed value for taxation 1919
Exemptions not included above
General debenture debt
BEND CENSUS HELD 6500
Enumerators Say City Is Fastest
Growing: Ever Worked In.
BEND, Or.. Aug. 20. (Special.) A
conservative estimate of the popula
tion of Bend and its environs made
public today when directory repre
sentatives completed their enumera
tion, gives a total of 6500, contrasted
with the 5415 reported in the govern
ment census. In the later enumera
tion, a few residents just beyond the
city limits are included and also
woods worker's in the logging camps,
but eliminating thee the actual
population of Bend will run approxi
mately 6000. it is slid.
Enumerators declared that Bend is
undoubtedly the fastest growing
town they have ever worked in.
Oct..
P.nt.nnlnl
BAN FRANCISCO PKODt'CE MARKET I Cop Banue
I East Buttol
Prices Current on Vegetables, Fresh Fruits,
Etc., at Bay City.
SAN FRANCISCO. Aug 20. Butter
Extra grade. 62c; prime firsts, 60c.
Eggs Fresh extras, 07c; dirty No. 1,
52c; extra pullets, 5Hc; uniiersize pul
lets. 37c.
Cheese Old style California flats fancy.
31c; firsts, 27c; Young America. 37c.
Poultry Per pound: California hens
large, 3840c; small. 32 35c; White
Leghorns, lis 30c; strictly young roosters,
40fti4.-,c; old roosters. 18Jr20c; fryers.
40fo42c; broilers, .SK(fz)40c; ducks, 2rt-g2Sc;
pigeons, old, $2,504(1325; squabs, 57060c
per pound; Belgian hares, 17021c.
Vegetables Beans, 406c; lima. 34c:
bell peppers, lug box. 50(Sb65c: Chile. 50
Hoc; tomatoe's, 40065c per box; cucum
bers, 75c0$l.OO lug; eggplant. KOHSc
lug; peas, 506c; summer squash, 50065c;
Italian, 50075c; cream, 73c$1.00; po
tatoes, river, 32.7303.uo: Mo. 1 sweets.
60 Sc pound; onionB, yellow and white.
60 7 He pound: onions, yellow and white.
$1.."O0 2.OO cental; celery. crate.
rruit Mrawnerrtes. 6O075e: raspber
ries, 75c0tl.OO; blackberries. ?60S; can-
aloupes. standards. 60 & 75c: nnnipi.
50i65c; flats, 3505Oc: bananas. Hawaiian.
O0uc; oranges. Valencias. S4.5O06.25:
emons. $2.0004.04): xraDefruit. Jaooif
4.25: apples. Gravenstein. $2.50(06 2.75:
peaches, small box. $1.0001.50: nlumn
$1.2501.75; pears. Bartlett. $2.7503.50;
figs. double layer, $2.0002.50; single.
$1.0001.25: white. $1.50: graDea. hl.rW
$1.5002.25 lug; seedless. $1.2501.75 crate;
avocadoes, $o08 dozen; pluma, $1.201.50
Mining Storks at Boston.
BOSTON, Aug. 20. Closing quotations
Allouez ....... 21 I North Butte .
Ariz Com 0 iOId Dom
Calu & Ariz 54 lOsceola
Calu & Hecla..S!MI lOulncy
'4iSup & Boston
33 Vi
o2
k
58
Shannon
Utah Con . .
Winona ....
Wolverine . .,
Oreene Can
14
21
36
43
2
1
6
so .
1214
2454
box.
Frankrin
IMe Koyalle .
Lake Copper.
Mohawk
Money, F.xcTiange, Etc.
NEW YORK! Aug. 20. Mercantile pa
per, unchanged.-
Kxchange, nrm: sterling, aemana,
$3.60"4; cables, $3.6.1. France, demand,
7.10; cables, 7.12; Belgian francs, demand,
7.61; cables. 7.C3. Uuilders, demand. 32.65;
cables, 32.75. L-lre. demand, 4.63; cables,
4.65. .Marks, demand, l.l)7c; cables. 1.98c.
Drachmas, 8.65c.
, New Vork exchange on Montreal, ,11
per cent discount.
Time loans strong, unchanged.
Call money steady: high, 7 per cent; low,
T per cent: ruling rate, 7 per cent; closing
bid, 6 per cent; offered at 7 per cent;
last loan, 7 per cent.
Bar sliver, domestic, $1.01; foreign,
l.oii.
Mexican dollars, 76 He.
LONDON, Aug. 20. Bar silver. 63 9d
per ounce. Money and discount rates un
changed. Swift & Co. Stocks.
Closing prices of Swift & Co. etocks at
Chicago wre reported by Overbeck &
Cooke company of Portland as follows:
Swift Co IO614
Swift International 31
I.inhv. McNeil & I.ibby 12V
National Leather 10 '1
8.500 9.50
7.50 0
I.IIO0 7.50
6.000 7.00
7.25 0 7.50
6.25 0 7.25
5.25 0 6.25
4.25 rf 5.25
5.OO0 6.0O ZTt-
13.OO01R.RO
1 1. SOS 13.00 I
U.OO0 11.00 I Sept
7.00 0 W.OO I Uct
6.50(a) 7.0O
5.50 0 6.50
. ' "WHEAT.
Pec . $2.35 $2.37 $2.34 $2 87
March.. 2.37 2.38 H 2.36 2.38 Vi
CORN.
Sept.... 1.40 1.45 1 38 1.44S
Dec 1.20 !4 1.22 H 1.19 "4 1.22 Hi
OATS.
Sept R6-54 .68 4 .66 '4 .674
Dec 67 H .68 V4 .66 T .67 Ti
MESS PORK.
Sept.... 24.10 24 10 . 23.75 24.00
24.85
24.65
24,80
18.17
18.50
14.77
15.15
No. 2 yel-
16.50017.25
16.00 016.50
13.OO0 1.1.00
10.00 13.00
12.50 w 15.50
8.000 0.00
6 00 0 7.00
2.250 6.00
6.HO0 7.25
6.00 0 6.50
24.90
LARD.
18 25 18.40 18.15
18.80 18.80 18.20
SHORT RIBS.
14.77 14.75
15.25 15.32 15.15
Cah prices were:
Wheat No. 2. mixed. $1.64
low, $1.5901.61 V4.
Oats No. 2 white. 7172Vic: No
white. 68 ',4 j? 70 H c.
Rye No. 2. $2.0102.02.
Barley $1.0201.14.
Timothy seed $8011.
Cloverseed $25 0 30.
Pork Nominal
Lard $18.07.
Short ribs $14 0 IS. 25.
Coffee Fatures Recover.
NEW YORK, Aug. 20.' There wan a
sharp recovery in the market for coffee
futures today owing to the rather more
cheerful view of European conditions.
reports of European buying and covering
by shorts for over the week-end. First
prices were I'S to 5;i points higher and
active months sold 88 to 93 points above
last night's cloning quotations during the
mmaie 01 ine aay. witn uecember touch
ing $9.00, compared with $7.9.", the low
point of yesterday morning. The buying
was encouraged by the rally reported in
Santos futures, but the advance there
was not fully maintained, while improve
ment was reported in spot demand locally
and futures closed a few points off from
the best. Last prices, however, showed
net advances of 77 to 90 points. Septem
ber. $8.15; October, JS.40; December.
$S.A; January. $9.05; March, $9.34; May,
SB.50; juiy. .. in.
Spot colfee. nominal; Rio 7s, 8V4 084c;
Santos 4s, 14Vt lSc.
Naval Stores.
SAVANNAH, Ga., Aug. 20. Turpentine,
firm, $1.47; sales, 345 barrels: receipts.
509 barrels; shipments, 85 barrels; stock.
10.061 barrels.
Rosin Firm;, sales, 1065 barrels; re
ceipts, 1444 barrels; shipments, blank;
stock, 40,444 barrels. Quote: B, D, E, F,
G, H, 1. K, M. N. WG. WW, $13.55.
Eastern Dairy Produce.
NEW YORK. Aug. 20. Buttel- Steady;
creamery higher than extras, and cream
ery extras unchanged. Creamery firsts,
51H55ViC.
Eggs Firm: unchanged.
Cheese Firm; unchanged.
Dried Fruit at New York.
NEW YORK, Aug. 20. Evaporated
apples, lifeless. Prunes, quiet. Peaches,
steady. .
PRICE Ql'ESTION DOMINANT FACTOR
Declines In Commodity Quotations Out
number Advances.
JTEW TORK, Aug. 20. Dun's Review
tomorrow will say:
While no single element fully accounts
for the continued hesitation in business.
It is' even clearer now than recently that
the price question remains the dominant
factor In the situation. Resistance to
market yielding persists in some quarters,
but fails to offset the influence of natural
economic forces and declines in commod
ity quotations this week, as Dun's list
demonstrates, again outnumber advances
by a considerable margin. Liquidation of
goods that could not be moved at pre
vious extreme prices Is still a feature in
various wholesale and retail channels, the
prevailing momentary restrictions hasten
ing tne oirerings in some instances, and
it is signliicant mat openings ot new
lines of merchandise for forward seasons
are being made at appreciable reductions
from lormer levels. That most buyers
have not rushed to operate- at the first
sign of price reaction, but have adhered
to their policy of limiting commitments
as closely as possible, is an indication that
further deflation is expected and predic
tions of scarcity of supplies to follow,
based chiefly on the curtailment of pro
duction in some leading industries, are
being largely disregarded.
Weekly bank clearings were $7,153,539 -609.
'
Phone your want ads to The Orego
nian. Main 7070, Automatic 56U-Sa.
Chicago Livestock Market.
CHICAGO, Aug. 20. Cattle receipts
5000. Choice steers strong to 25c hmher.
$17.25; others slow; bulk good and choice.
$15016.75; best grassers. $13.500 14.50;
mostly common and medium grades weak.
$9 012.50; good and choice cows, $9,75 0
12.50; earners, $404.75, steady; in-between
kinds, $6.nO08.75, very uneven and weak'
bulk bologna slow, $507; calves steady,
bulk choice vealers, $14.50 015; stockers
steady-
Hog receipts 18.000. uneven, 15 to 25
cents lower than yesterday's average. Early
top, $15.75: bulk light and butchers. $14.90
015.60; bulk packing sows. $14014.25;
pigs, 25 to 50 cents lower, bulk desirable
kinds, $13.50 014.
Sheep receipts 10,000, steady to strong.
spots higher; no choice lambs here. Top
native, $12; top v.estern, $12.50; deck light
fat yearlings. $9.50: best fat ewes. $70
7. -Jo; best leedlng lambs, $l-i.:A.
OmaJia Livestock Market.
OMAHA. Neb., Aug. 20. Cattle receipts
2000. Beef steers and butcher stock steady
to 25 cents lower, quality very common;
veals oO cents to $1 lower; Blockers and
feeders dull.
Hog receipts 5500, uneven, 10 to 25 cents
lower.. Bulk medium and light butchers.
$14.15 14.40; top. $14.75: strong-weight
and packing grades, $18.7o014.15.
Sheep receipts 12.000. generally steady
on all classos. .Best range .lambs, $11.50
012.10.
Kansas City Livestock Market.
KANSAS CITY. Mo., Aug. 20. Cattle
Receipts 1500; quality, plain; trade slow
and uneven in all classes, mostly steady;
best Bteers offered at $13.50; best heavy
cows, $9.75; bulk she-stock, $6.00 0 8.00;
canners, mostly $4,000 4.. o.
Sheep Receipts 3000. slow: fat classes!
steady; most fat ewes, $6.0006.25; top.
$6.50; Arizona lambs, $11.25; natives,
$11.00.
Seattle Livestock Market.
SEATTLE. Wash., Aug. 20. Hog
ceipls 88; market 2.5c lower. Prime. $16.25
016.75; medium to choice. $15.75016.75;
rough heavies, $14014.75: pigs, $13014.
Cattle receipts none. Prime, $10010.50;
medium to choice, $8.5009.50; common to
good. $6.5007.50; best cows and heifers.
$6. io0i.2u; medium to choice, $5.2o0
6.25: common to good, $4.2505.25; bulla.
$506; calvess $7014.
Foreign Grain Markets.
BUENOS AIRES. Aug. 20. Wheat tasy.
corn quiet.
LIVERPOOL, Aug. 20. Oats lower.
Minneapolis Grain Market.
MINNEAPOLIS, Aug. 20. Barley, 89
$l,OS.
Flax. NO. 1. $3. 25V4 03,2714.
Daluth Linseed Market.
DTJLUTH, Aug. 20, Linseed, $3.3103.37.
San Francisco Grain and Hay.
SAN FRANCISCO, Aug. 20. Grain
Wheat. $3.7503.85; barley, $2.30 0 2.60;
oats. $2.50 0 2.75; corn, nominal.
Hay Fancy wheat, $272; tame oats
$24 0 26: wild oats. $1S02O: barley. $180
21; alfalfa, first cutting, $18 0 23; second
cutting, $22 0 26.
-Seattle Grain Market.
SEATTLE. Aug. 20. Wheat Hard
white. $2.36; soft white, red winter and
northern spring, $2.35; red Walla Walla
and Big Ben biuestem hard white, $2.32;
white club and hard winter, $2.36.
Feed Scratch feed, $87; feed wheat
$92; all grain chop. $77; oats, $75;
sprouting oats. $78; rolled oats, $79; whole
corn, $81; cracked corn, $80; rolled bar
ley. $70; clipped barley, $10.
Hay Alfalfa, $82 per ton; double com
pressed alfalfa, $36; double compressed
timothy, $42; eastern Washington mixed,
$36.
Boll Chases Women Hikers.
EUGENE, Or.. Aug. 20. (Special.)
Mrs. Margaret Wallace and daughters
Miss Hazelle and Miss Dorothy Wal
lace, who are hiking from Seattle to
Los Angeles via the Pacific highway,
arrived here yesterday and left soon
afterward, expecting to walk unti
night overtook them. They had
little adventure near Albany last Sun
day when a hull chased them and they
Montana Gets Oregon "Birds.
SALEM, Or., Aug. 20. (Special.)
Between 300 and 400 spring pheasants
will be shipped to Montana from the
Benson pheasant farms at Silverton,
according to C. A. Benson, who passed
through here today enroute to Port
land. He says there is a great de
niand for the birds in all parts of the
United States.
9,837.687.74
3,744,636.00
2,924,424.00
Less sinking fund 433, 248. BS
Waterworks debentures. 601.000.00)
Ferry debentures 153.000.00
Local improvement debt 935,525.00 2.122.7T3.5S
(Rate payers' share.)
Net debenture debt 111. 650.42
Value ot municipality's assets... 4,331,446.00
The City of North Vancouver la a suburb of Vancouver. British.
Columbia, area 2950 acres, situated across the bay from the latter
city. It has a population of approximately 10.500 people, and its
securities have always been considered very sate and dirable In
vestments. This issue cf bonds Is a direct lien and general tax obligation
of the entire city, ail of its taxable property, wealth and resources
being pledged to pay interest and principal as they become due.
We recommend these bonds as exceptionally desirable, with an
unusually high Interest yield. As a matter of fact, it would be
difficult to duplicate this opportunity from an Investment stand
point. Legality Approved kyR.Ii. Reed. K. C, of Bowser, Reed Jt "Wall
bridge, V ancouver, B. C.
Telep-aome or TeJegxapki Orders ac Oar Kxpense.
MORRIS BROTHERS, Inc.
t The Premier Municipal Bond House.
Betweea tntahllsfaed Huarter of a Century Telephone-
6th and tk Morris Illdg 30D-11 Stark St. Broadway
Streets Capital One Million Dollars. 2151
BILL 'HELD VICIOUS ONE
Banker Sees- Bankruptcy In 5 Per
Cent Interest Measure.
ASTORIA, Or., Aug. 20. (Special.)
"If you want to bankrupt this state
and throw 90 per cent of the workmen
out of a job, vote for the proposed 5
per cenjt interest rate bill," declared
Robert E. Smith, president of the
Title & Trust company of Portland,
who addressed a meeting of business
men this afternoon. Seventy per cent
of the money which is loaned in Ore
gon comes from outside the state, he
said, and if this freak law should pass
it would be withdrawn. He declared
that even local banks would not lend
money at 5 per cent, as they can buy
United States certificates of indebted
ness to net them 6 per cent or east
ern commercial paper which will net
them 8 per cent.
Mr. Smith urged the business men
to make a concerted effort to defeat
the bill at the forthcoming election.
WEDDING IN LION'S DEN
Show Musician Marries Aberdeen
Girl XTnder Big Top.
ABERDEEN. Wash., Aug. 20. (Spe
cial.) Miss Josephine Trosk of Aber
deen was last night married to W.
Carter, a member of a show band, th
ceremony being performed in thi
lions' den In the main show of th
aggregation.
The ceremony was performed by
William Baumert, Justice of the peace.
Read the Oregonlan classified ads.
DAILY METEOROLOGICAL REPORT.
PORTLAND, Aug. 20. Maximum tem
perature. 91.2 degrees; minimum, 60. de
grees. Riven- reading at 8 A. M., 5.9 feet:
change in the last 24 hours. 0.4-foot fall.
Total rainfall (5 P. M. to 5 P. M l, none;
total rainfall since September -1 , 1919. 35.51
inches; normal rainfall since September 1,
44.82 inches; deficiency of rainfall since
September 1, 1919, 9:31 inches. Sunrise,
5:17 A. M.; sunset, 7:12 P. M. ; total sun
shine. 13 hours and 55 minutes; possible
sunshine. 13 hours and 55 minutes. Moon-
rise. 6:33 A. M : moonset, 9:36 P. M. Ba
rometer (reduced- to sea level), 5 P. M.,
29.88 inches. Relative humidity: 5 A. M.,
71 per cent; noon,' 32 per cent; 5 P. M.,
25 per cent.
THE WEATHER.
Mr,
STATIONS.
Wind
Weather.
Baker
Boise
Boston
Calgary
Chicago
Denver
Des Moines -I
Eureka
Galveston . ..
Helena
Juneaut
Kansas City.
Los Angeles.
Marshfield ..
Med ford
Minneapolis
New Orleans
New "York
North Head.
Phoenix . . .
Pocatello .
Portland
Rose-burg ..
Sacramento
St. Louis .
Salt Lake .
San Diego
San Fran. .
Seattle
Sltkat
Spokane . .
Tacoma . . .
Tatoof-h ..
Vatdezt . . .
Walla Walla
Washington
Winnipeg
Yakima . . .
4 8210. OOj. .IN W Clear
50 84 0.00;. .W Clear
58 72:0.0o:i2;s Clear
40 78 O.00 . . ;SE Clear
74 8810.001. .8W Cloudy
56 56:0.70 12lN Cloudy
70 7S'U.12!12.N Rain
52 51 0.O0I. .W Oloudv
SO 8,S'0.l)(ljl2l'SE Cloudy
46 70 0.00 . . N Clear
5O.5(!0.2cl!. .!s Cloudy
70 84 0.44 1;SW Cloudy
B21 "8.0.001. .iSW Clear
481 70 O.OOI. .INWiOlear
481 96 O.00!. .IN W Clear
firt 76 0.221 . .IN Rain
76' 8i O.14l.JSW Cloudv
60I 720.00 10 E Cloudy
52 74 O.OK14 N Clear
781 98lO.0O..lW Clear
44i 80IO.OO, . . IN WClear
61 20.u lOINW Clear
52 94 0.O0i..N ICIear
361 86 O.011 12 d ICIear
761 86 0.001.. lis ICIoudy
5S 80 0.00;14N WIClear
Clear-
64 74M.OO . . W
561 6,0.00;20:SW
gui.n 1111 . .
54;60O.SI)f . .
52 84,0.00
54 SOlO.IMl
N W
S
i-NE
N
50 66 O.OOi . .,N
Clear
Clear
Pt. cloudy
(Near
Clear
Clear
I 4415011.221. .W IRain
.' S8;O.04l: . .iv JIar
64 72 j 1 . 76 . .i.VE Cloudy
46 lOOIO.CHVIO; W T't. Cloudy
5o 88,0.00). .eiW (Clear
I BANK. I
tA. M. today. P. M. report preceding day.
FORECASTS.
Portland and vicinity Fair, and warm
er: northerly winds.
Oregon and Washington Fair and warm
er; east portion moderate northerly winds.
Idaho Fair and warmer.
WOOL TRICES ARE BAKELT STEADY
Mills May Be Reopened Generally In Com
ing Month.
BOSTON, Aug. 20. The Commercial
Bulletin tomorrow will say:
"With few exceptions, sales of wool dur
ing the past week have been of- retail de
scription Prices are barely steady on the
basis of last week's sales. There is little
new with reference to the new domestic
clip.
'The manufacturers are generally , en
gaged on samples and it is hoped that the
mills will be reopened generally by the
middle to the last ot September, although
THREE HURT IN ACCIDENT
Southern Pacific Train Partially
Derailed Xear Kagene.
EUGENE, Or., Aug. 20. Arthur
Dorris of Portland, engineer; G. L.
Humphrey, head brakeraan, and Alba
Stafford, student brakeman, -of Eu
gene, were all injured Wednesday
evening when a southern Pacific
freight train on which they were
working was partially derailed by a
landslide about a mile and a half
west of Wendson. Dorris was severely
bruised about the body.
Humphrey, who was riding on top
of one of the cars, sustained a leg
fracture when the car tipped over and
threw him off. Stafford suffered cuts
on the arms and chest and bruises.
The three men were brought to
Eugene for treatment.
Baker to Send Delegates.
BAKER, Or., Aug. 20. (Special.)
The directors of the Baker county
chamber of commerce have voted to
send a representative to Seattle to
attend the irrigation congress to be
held September 15 and 16. The di
rectors voted also to send a delegate
to Portland to attend the western
freight increase meeting October 2.
i and 4 to protest against the high
rates Imposed upon Baker shippers. "
$25,000,000
New Issue
Our Participation
$75,000
IO Year 7
Collateral Trust Bonds
NEW YORK CENTRAL R. R.
7
Dated Sept. 1, 1920
Price 100. Yield
Bonds are direct credit obligations of the
the New York Central and will be spe
cifically secured by N. Y. C. Refunding and
Improvement 6 Bonds and Reading pre
ferred stock to the value of $31,425,000.
The New 40 Rate Increase Goes 1
Into Effect September 1 ,
iunbanoioi
2f UnrJaf" Sarwl5ioc.2hxgon sUjz D.uiWnDGparijriGR-
Lumbermens Building
!!!'
We offer for investment
our allotment in
$25,000,000
New York Central
Railroad 10 Year 7
Collateral Trust Gold Bonds
Price: 100 and interest to yield 7
Denominations $500 and $1000
fpHESE bonds are not only a direct obligation of one
of the largest railroad systems in the country, but
are also secured by strong collateral, having a market
value of over 125 of the amount of the bonds pledged
with the Guaranty Trust Company, New York, Trustee.
On September 1," 1920, the rate increase of 40
granted in accordance with the Transportation Act of
1920 becomes effective. Junior to these bonds there is
outstanding 1249,597,355 capital stock, on which divi
dends are being paid at the rate of 5 per annum.
Complete Information4 on Request.
AVe Recommend These Bonds for Investment.
Bond Department
Ladd & Tilton Bank
Oldest in the
Northwest
fEDERAl RESEHY
Washington and
Third Streets
ii';;
t ' " - - - - , i
Buy GERMAN CITY BONDS
An Investment of $500 Could Return $6000
S Berlin 4 Bond!- 2S.O00 Marks) n or mat worth about $240 IG0C0
n Br!tn 4 Bonds 25,000 Marks) cost approximately to (far about
$20 Bn2
roftflible profits $5500
The present decline In all foreign exchange should be taken advan
tage of by shrewd investors.
All foreign bonds bought or sold for cash or on conservative margin.
AVHte for particular.
ACT AT ONCE an settlement of Ruastaji-Polana armistice should
make Marks advance coOHitlcrably.
All forebrn exchange houarht and sold at current rates.
HENRI & BERNHARD WOLF & C0 INC.
Dealers
SAO Madison Ave.
Foreign Bonds and Foreign Exchange.
w York City.
(yfo First Mortgage Bonds
The Bonds That Afford ths Greatest Degree of Security.
Secured by First Mortgage on Fertile and. Prosperous Farms In Oregon
. and Washington.
Income Net. Normal Federal Income Tavz Paid.
Denominations. $500.00. $1000.00, $2000.00. $5000.00.
Maturities, Three to Ten Tears,
your Inquiries for further Information -will receive oar prompt attention.
Commerce Mortgage Securities Company
Phone Main 3067.
Ground Floor. Chamber of Commerce Bldg 91 Third Street.