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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Jan. 14, 1921)
THE MORNING OREGOXTAX, FRIDAY. JAXTJART 14, 1921 21 WHEAT SURPLUS CUT TO SILL AMOUNT 1 American Crop May Have Been Oversold to Europe. at H03.1S and extra fancy Newtowni at S1.7SV2. -orth western fruit sold to Jobbers at Chicago at the following- prices: Jona than, extra fancy, all sizes, I2S2 75; Romes, extra fancy medium to large, $36325; small to medium. $2.2562.75; Spitxenbergs. extra fancy medium to large. $303.50; email to medium. 12.5002.75: W. W. Pearmaina extra fancy medium to large. 12.5003; small to medium. $202.50; Winter Bananas, extra fancy medium to lrge. $2.500 2.75. LIGHT CARRYOVER CERTAIN Kxport Figures Only 8,575,000 J 1 1 1 - i i . I - Ava I lable tor Export, After Providing Safe Reserve. The possibility that the American wheat erou has been oversold has agitated the pr...n trade for some time past and h been a prominent factor at times in lm parting ntrenth to the market. A strong presentation of the statistical position of Wheat by the Concrete Elevator company a Minneapolis concern, interests growers wild dealer alike. The elevator company pays in its market letter: "If statistics ever counted for anything:, the-- is but one answer to the following figures: Bushels. Wheat crop, 1920 790,000.000 Old wheat on hand July 1. '20. . . lu.0O0,0O0 Total supply ttiU.OOO.OOO Home needs (bread and seed) . .030.000,000 Bscrv 100.000,000 Total requirements .... Exportable surplus Kxportud to Iecember 31, 730,000.000 JO.OOO.OOO 1920. -ai. 425.000 Balance for 6 months' export. 8.575.000 "Taking into consideration the fact that there was on December 81 approximately 21. 000,000 bushels at seaboard and gulf ports presumably for export, and deduct ing 8.575,000 bushels, which Is the avail able for export over the 100,000,000-buahel reserve, and presuming that we would ex port no more wheat than is at export ports, would leave only 87.575,000 bushels for a carry-over, while last year we car Tied over 160,01)0.000 bushels." WTTKAT BUYING ON LARGER SCALE About 2,000,000 Bushels Change Hands in Last M eek. All wheat bids were unchanged on the local board yesterday, notwithstanding prices closed 2 3 c lower at Chicago There has been an active buying move ment throughout the interior and fully 2.000,000 bushels of wheat have changed hands in the last week. The coarse-grain trade was quiet. Corn bids were reduced $1 and February white cats were raised 50c. Other bids were the aame as on Wednesday. Eastern advices reported export wheat aales of 150.000 bushels and seaboard sales fof 300,000 bushels of corn. Italy is offer ing to resell durum wheat. A New York wire said: "A late cable aays the president of the Argentine re public will present a proposition to Le senate on the 17th of this month recom mending that exports of wheat be subject to a surtax of three Argentine gold dol lars per 1000 kilos. This would figure out at about 6Vjc a bushel on the prevail ing rate of exchange. In connection wijh this exporters lave been sellinc wheat Options." Terminal receipts 1n cars are reported by the Merchants Exchange as follows: Portland Wheat Barky Flour Oats Hav Thursday Year in, Season to date. Year ago Ta co ma Wednesday ... Year ago Season to date. Year ago Seattle Wednesday ... Year ago Season to date. Year ago 59 25 93 1 a .5324 9 . 53 .3119 .4200 173 14t 1 i 36 475 2410 6 5S3 295 JT7 1 75 132 12 3132 174 191 456 2R9 481 4 1299 1U5U 576 5S9 102H 803 OrKN TRADE IX AMERICAN AITI.LS. All British Restrictions Will be Removed March 31. SM tsruisn iooa ministry will remove Tl restrictions n the Importation and sale of apples on March 31. The selling price or American apples on British mar kets for the week ended January 10. according to the American agricultural trade commissioner at London, were follows, conversions made at the rate of exchange prevailing, a shilling equal 18.673 cents: London Oregon Jonathans XF brought PM per box. C grade, $2.6102.80 per box ; Washington Jonathans and wine aaps ranged $2.99 1 3.17 per box. All grades Oregon New towns ranged $3.92 & 4 67 pot box; SpUzenbcrgs brought $2.90 1.36 per box. Barreled wlnesaps sold at $8.40 per barrel. Manchester -Barreled Baldwins sold at $4.72 per barrel. Rhode Island Greening? ranged $tut. o ..10. Ben Davis from $5.60 to $0.26 per barrel. Glasgow Baldwins, Rhode Island Greenings and Ben Davis' ranged 53.74 a. 00 per barrel. Some York 1 mperials, poor condition, ranged $4.6708.22, New towns brought $10.27, Baldwins ranged $7.478.40 per barrel, Rhode Island Greenings $7.tM8.40, Ben Davis $5,609 T.47. Wlnesaps and Romea $8.40&S.S7 per barrel. Liverpool York Imperials sold at $4.6 ? 7 4 7 per barrel; Baldwins. $3. 60 6. 44 ; Rhode Island Greenings, 5.4Tr7.M: Ben Davis. $5.6040.44 per barrel. Boxed Romea brought $2.61 ? 2.99 and wlnesaps $2. SO tr 3.45 per box. Birmingham York Imperials ranged $0.34 9.52 per barrel. Bristol York Imperials brought $S.40 OV-34. Hull Boxed York Imperials ranged $3. 30(4' 3.64 per box. On January 1, there were afloat for the United Kingdom 31.000 barrels and 65,000 boxes of apples. BUTTER DECLINES AGAIN TODAY. Two-cent Drop In Print Price Announced by Cresuneriea. A 2-eent decline In butter will go into effect this morning, city creameries an nounced. Prjnts will be listed on the box lot basis of 47 cents for plain wrapped. The buying price of butterfat will be reduced 1 cent. In view of the decline, there was practically no trading in cubes yesterday. There has been no oversupply of butter here to warrant a drop, but the change was made necessary by a 3-cent decline at Seattle yesterday. It Is understood that the northern cut was brought about by the condenseries, which are seeking to get milk prices down before they resume canning operations there. The Hillsboro and Forest Grove plants have already reopened. LAST PRICES HflE LOWEST BEAKS RESUME DRIVE AGATXST SPECULATIVE ISSUES. Equipments, Steels, Motors and Shippings Center of Attack. Bond Market Weak. Canned Meats Are Lower. DecMnes averaging about 3 per cent in canned meat prices were announced by ;ol;bers The quotations do not attract much attention locally because of the sale of government meats at low prices. Hank Clearings. Bank clearings of . the northwestern citiea yufiieruy were as ioUotvs Clearings. Balances. Portland SS.OL'S.tWS SJC.ilo.s Seattle S-TM.M1 1.06:1.4 Tueoma 71H.328 i,23 Spokune 1.TS7.38W 60, 8J0 PORTLAND MAKKEI QCOTATIOXS Grain, Hour, Feed. Etc. Merchants' Exchange, noon session: Jan. Feb, Wheat Bid. BJ. Hard white i 1.70 $ 1 Soft white .. LM 1.65 White club T f- 1.08 l.GS Hard winter 1.62 1.6 Northern spring .. .. 1.05 1.65 Red Walla 1.60 1.60 Data No. -J white feed 34.50 34.50 No. 2 gray 33.00 33.00 Uariey Brewing ... 35.00 35.00 Standard feed 34.00 34.00 Mlllrun 34.50 34.00 Jorr. No. 3 E. T. shipment 33.00 33.00 KI.O0H Kamilv nstents. 110.20: bakers nara wheat, Xil.50: bakers blu-stcm pat enta. III: valley patents. 17.00; whole wheat. JH.iaj: graham. IH.45. Mli-l.KEED 1-rioea f. o. b. mill. Mill run. $36 per ton: rolled barley. $44 a 46 rolled oats, $49; scratch feed, $60 per ton CORN WMla $44; cracked, $47 per ton. HAY Buying nrices f. o. b. Portland Alfalfa, $J0 per ton; cheat, i- .( :j clover, $20; valley timothy, $27&28 em Oregon timothy, $30. Par bt x Dairy ana Country Produce. BUTTEK Cubes, extras, 44045c lb.; prints, parchment wrapped. In ots, 47c per lb.; cartons, 48c; half more builerrat. buying price. 3SflM0c pound stations; A grade, 45c; B grade, 43c, Port land delivery. HOGS Buying prices, case count, 4 4sc. Jobbing price to retailers, candied ranch, 33c; selects, 54c; pullets, 40c CHSE8B Tillamook triplets, price Jobbers, f. o. b. Tillamook. 30c. POULTRY Hens, 26fe33c; springs, 24W c, ducks. 25ti40c; geese, 32c; turkeys, live, nominal; turkeys, dressed, nomrna. POKK Fancy, 14c per pound. VEAX Fancy, ISc per pound. LOCAL EGG MARKET IS VERY FIRM Shipping Orders Take Care of Surplus ut PresenT. The egg market was very firm, owing to the presence of shipping orders Most of the buying was done on the baais of 48 cents delivered for current receipts. There was no material change In local Job bing prices. The bureau of markets reports that 920 cars, or 422.030 cases of eggs, were snipped from California points to the cast during 1920. Poultry was in moderate supply on Front street and prices were firm and unchanged. Dreraed pork was weak and lower at 14 cents for the best grade. There was no change in Teal quotaticna Fruits and Vegetables. FRUIT Oranges. navels, $3.7534.75 lemons. S3.75b4.75 box: grapefruit $3 if tier hnx: bananas. 11' 41i 1 J 'i c Per pound grapes, $5.25 lug; apples, $13.30 per box Dears. $2(02.20 ner box i Ut Aiil.KS Lal.baee. 2C per pound lettuce, $3.25(3.73 per crate; cucumbers. Per dozen: carrots. $1 ;-uil.iJ per sack garlic 25c; beets, $1.50 sack; eggplant, 20c per pound; cauliflower $33.25 per crate; celery, $5 per crate; green peppers 2oc iter 'oound: surouts. Itc per pouml squash, 2sc per pound; pumpkins, 2Ho per pound; rhubarb, 20c per pound; spin ach. $1.4001.50 box; tomatoes, $405 per crate. POTATOES Oregon, $1.501.7S per 10" pounds; Yakima. $202.25; sweet potatoes. 6(sulc per pound, $3 per hamper. ONIONS Oregon, $1.50 per sack; Call fornla brown. $1.5001.73 per sack. Staple Groceries. I,ocal lobbing quotations: SUGAR Sack basis: Cane granulated. 9c per pound; beet. 8 ROc per hundred. NUTS Walnuts 22028c; Brazil nuts. 33r Filberts. 214i2.'tc: almonds. 2ti'u30i peanuts, lm 14c per pound; cocoanuta, $3 per doaen; pecans, 82 0 33c; chestnuts, 2$ 035c pound. RICE Blue Rose, Hc per pound; Ja Dan style. 7sc per pound. BEANS Small white, 6c; targe white, 6c; pink, 7Uc; lima, 10c; bayoua. 12Vic; red. 7.c per pound. COFFEE Roasted, bulk, drums, 14 036s per pound. SALT Granulated, bales. $3.5004.25 half ground, ton, 50s. $18.75; 100s. 18.24 lump rock, $26.50. I-rorisions. 32 skinned, 250 HAMS All sixes. 31c; picnics, 20c. BACON Fancy, 40047c; choice, JO 32c standard, 25 027c IjtKD Pure, tierces. 27c pound; com- nound. tierces. 14c DRY SALT Backs. 21024c; plates, 20c Hides, Pelts, Etc HIDES Salt hides, all weights, c per pound; green hides, all weights, 5c; salt bulls, all weights. 5c; green bulls. 4c; calf skins, green or salt. 10c; kip skins, green or salt. 8c: dry hides. 12c; dry salt hides, tte: dry calf. 15c Above prices for coun try hides and skins. Prices for city skins and hides follow: Calf skins, 12c per pound; kip skins, yc; city packer hides. green. Sc. I'Kl, I Salt pells, run wool, country. 35050c: packers. 50060c each; dry long wool pelts, fine, ic pound; dry long pelts, medium. 6c TALLOW jmo. l. oc; o. -a, ee pouna. CASCARA BARK 11)20 peel. 8c pound. WOOL AND MOUAIR Nominal. HOPS 1U20 crop, choice, 24 025c pound. rool pelta. Oils. LINSEED OIL Raw. In barrels, $1.01 drums. $1 OS; cases. I1.U Boiled, in bar rels. $1.03. drums, $1.10; cases. $1.18. TURPENTINE in l an as. sj-ii $1.36. COAL OIL Tank wagons ana iron bar rels. 17Hc: cases. 30037c. FUEL OIL, Bulk. $2.33 per barrel. GASOLINE Tank wagons and Iron bar rels. 20c; cases 41 He SAN FRANCISCO IHODICB MARKET Prlcea Current on Vegetables. Freeh Fruits. Etc.. at Bay City. SAN FRANCISCO, Jan. 12. Butter Extras. 46lxc; prime firsts, 45c L'ggs Freeh extras, 64HC; extra firsts, ke( extra pullets, 59c; undersized pul- Cheese Flats. young Americas. APPLE MOVEMENT IS STILL SLOW Friree Fairly Steady in 1 ... .1 and Interior Markets. The local movement of apples la still issurlcted by the light demand, but fairly steady prices are maintained. The Interior marketa are also holding their own as shown by the following car lot sale prices: WVnatchee valley Wlnesaps. extra fancy medium to large. $2. Yakima val ley Winesaps. extra fancy medium to large. $2; fancy small to large. $1,25 0 $1.50; small. $1: Rome, extra fancy me dium to large. $1.30: fancy. $1.40. Other district Romea. extra fancy medium to Was, $1 13001.65: c grade medium to Urs-e. 31. S3: small. $1.15. A: the New York auction 733 boxes of Oregon 9pltsenbergs were aold, extra fancy large bringing $2.65: medium. $2.0" d 2.50; mall. $1.6501.96; choice large. $2.43; me Vum. $1.7O02.eA mostly $1 700 L84. V In the San Francisco market Oregon Stuucnnerfa, extra fancy, aold u retailers fancy, 24ViC; firsts, 23c; fancy Sic. Vegetab;esEggp!anL southern 608c; ummer squash. $2 ro crate; potatoes. street prices rivers. $1 So02.ou: ba.inas. $3 130325; sweet, $4.i50fi: onions. Aus tralian brown, 9Oc0$l; green. $1.250L3O; beans. 15&20C, tomatoes. 4OC0$l.Ov; cu cumoer. hothouse $1.0001.25 doaen; celery. ?:.3O01.73 erase; caumiower, 9uv0$i djxen; cabbage. 1 cent pound, bell peppers, southern. 1O012SC; turnips, 75c 01. 25 sk. ; beets, $1.25 sack, parsnips, $1.2302.00 sack; carrots. $1.2501.50 sack; peas. :-"vjLc pound: rhubarb, $202.7$; let tuce $20 2.25 crate; artichokes. 75c0$L25 dosen: spinach 5fe06c. Poultry Hens, 36039c; strictly young roosters. S70S8c: o.d, 22 0 23c; fryers, 40045c; broilers. 45052c; ducks, 28032c: squabs, 70080c; Belgian harea live, 24026c; geese, 32033c; pigeons, old $2 6093.00 dosen; turkeys, dressed, 30U5JV. live. 43 0 46c. Fruit Navel oranges. $2.500 4 30: lem ons $20003.30; lemonettrs. $1 30 012 00: (rape fruit, new crop. 12 30 0 3 00: Arlaona. t4ft4.25: limes, $1.25 01.75; tangerines, $2.5004: bananas. 8010c. apples, New towns. $1.23 U 2.85. Receipts Flour. S118 quarters; wheat. 125 centals; barley. 3563 centals; beans, 563 sacks; corn. No) centals; hay. 180 tons; lemons and oranges. 600 boxes, hides. 187 rolls; livestock. 871 head. Naval Stores. SAVANNAH. Ga . Jan. 13 Turpentine quiet. 924c. No sales. Receipts, 19; ship ments. 11; stock. 15.792. Rosin quiet, no sales. Receipts. 329: shipments, none; slock. S3. 112. Quote: B, D, fi. F. ti, H. 1. K. it. Si. Wi WW, lie. NKW YORK. Jan. 13. Resumption of aggressive operations by the short Inter est in speculative shares, which figured In the recent advance, doubtless accounted to an extent for the heavy to weak trend of s-.ock prices today. Early quotations were downward, with Intermittent rallies before noon. These were generally canceled later. Lowest prices ruled In the last half hour. I when selling of the better known equip ments, steeis. motors and shippings su plemehted the extensive llquidstion of speculative favorites. Sharp reactions marked the active finish. Sales were 875, 0OM shares. Call loans opened st 6 per cent, prob ably as a result of renewed offerings out side of the exchange at 5 and even 4M per cent. The esppiy of time money at 6H per cent also Increased. Specific reasons attached to the re veres, in certain Issues, auch as sugars and Wilson Packing, which reflected more adverse trade conditions. Domestic and foreign war flotations were materially lower in the bond mar ket. Total sales, par value, $14,675,000. Old United States government bonds were unchanged on call. CLOSING STOCK QUOTATION Osceola 25 Quincy W Superior SH Spr. & Bos. Min. IV Shannon 1 4 . 50 . 11 Cat x- r. 48 Cal 4b Hecla...245 Centennial .... 9 Cop Rge Cn Co. 32 E Butte Coo. . 9 Franklin 214 (Utah Con. Isle Roy Cop. . 21 i Winona Lake Copper . . 2 Vx 'Wolverine 3lowhawk 45 Money. Sliver, Etc NEW YORK. Jan. 13. Prime mercantile paper unchanged. Time loans, weak; all dates. 606 per cent. Call money, high, 6 per cent; low, 8 per cent: rulins; rate, 6 per cent; closing bid. 6 per cent; offered at 7 per cent; last loan, 6 per cenL Bar silver, domestic unchanged. Foreign, esi,. Mexican dollars, 50c LONDON. Jan. 13. Bar silver, per ounce. Money, 5 per cent. Discount, unchanged. . 39 -id Sales. Am Beet Sug, 100 American Can 2.100 Am Car & Fdy 900 Am H4L Pfd 2.400 Am Inter Corp 14.700 American Loco 1 000 Am Smt & Rfg American Sug Am Sum Tob Am Tel A Tel Amerl Woolen Am Z L A 9 Anaconda Cop Atchison .... At Of 4 W Ih 16,500 Baldw-in Loco 27,300 Haiti & Ohio Bethle Steel B But & Sup Cop Cal Petroleum Canadian Pacif Centrl Leather Chandler Mtrs Ches Ohio Chi Mil & St P Chic-go & N W Chi R I & Pac Chino Copper.. Colo Fl & Ifon Corn Products Crucible Steel 23.300 Cuba Cane Sug 300 Erie 4.800 Generl Electric 1,300 Generl Motors 14,600 Grt. North Pfd 3,000 Inspira Copper Int Me Ma Pfd Interna Nickel Interna Paper Kan Cty South Kenne Copper Louis & Nash Mex Petroleum 41,600 Miami Copper 400 Mid states Oil Missouri Pacif Nevada Copper New York Cen N Y N H ft H Nor & Western Northern Pacif Ok Prd & Rfg Pacific Mail Pan-Am Petrol 13.400 Pennsylvania. . 800 rilta ft W Va 3.800 Rav Con Coo 1.200 Reading 40,400 itep ir ft ateei .. . Kara u x .-w Shat Ariz Cop 100 Shell Tr & Td 5H) Sla Oil ft Rfg 7.400 Southern Paci 20.300 Southern Rwy 19,800 S O N J Pfd 4.0OO studebak Corp 19.300 Texas company 3.000 Texas & paeir l.-'uo Tobacco Pdts 1.300 Transconti Oil Union Pacific U S Food Pdts U S Ind Alchl U S Rtl Stores S Rubber. . S Steel S steel Pfd ;tah Copper. . Western Union West Electric Willys - Overld Last 3.400 1.400 600 1.100 6,800 100 3.900 1.9O0 5.4CK1 13,700 40O 1,500 4,600 4.600 4.400 2.200 2.SO0 900 4,500 1,000 100 4.200 1.800 3,300 1.500 8.500 1,500 4.400 100 9.T.00 1.900 1,500 2,700 4.600 1.500 6.200 :,50o 100 High. Low. sale, fig 44 44 27 27 27 124 123 123 51 47 47 48 44 44 84 83 83 38 37 37 94 92 92 80 79 80 99 99 99 68 66 66 37 37 37 S4 S3 S3 73 . 70 Jl 92 89 89 37 36 36 60 58 58 12 12 12 30 29 29 118 116 1163 89 38 38 ft 70 67 67 62 60 60 10 29 29 TO 69 69 28 28 28 22 21 21 10 30 30 Tl 68 69 101 94 94 23 22 22 14 14 14 122 122 122 15 15 13 77 76 76 35 31 34 61 59 59 15 15 15 60 36 50 21 19 19 20 19 19 102 102 102 169 160 1801, 18 18 18 18 13 13 20 20 20M 10 10 10 74 72 72 23 22 22 102 101 102 85 83 83 3 3 3 IT IT IT 78 75 75 41 41 41 81 S0 31 13 13 13 86 84 84 73 69 60 67 66 66 6 6 6 43 43 43 24 23 23 99 98 98 24 23 23 109 10S 108 53 50V4 51 44 43 43 20 18 18 53 54 54 11 10 10 121 120 120 23 22 22 69 66 68 56 54 54 69 67 68 83 82 82 109 100, 109 54 33 i 531, 87 87 87 45 44 44 8 7 7 Foreign Exchange. Foreign exchange rates at close of busl ness yesterday, furnished by Northwestern National bank of Portland. The amount quoted Is the equivalent In United States dollars: Cminrrv - ,isl Rate Austria, kronen ...........$-f24 Belgium, francs 0650 Bulgaria, leva Crecho-SIoaakia, kronen 6122 Denmark, kroner lieO I'lnitliind. nound sterltne .......... .3. i I"' Filtisr.d Finsaeir 0! France, francs .0618 Germany, marks ............... . .0150 flre..V itrarhmn, .. .0 Holland, guilders 329S Hungary, kronen 0022 Italy, lire saas Jugo-Slavia. kronen .0073 Portagai. escudoa .1120 Roumania. lei .01 Serbia, dinara 02S3 SDain. npsetss . .1. Sweden, kroner 2173 Switzerland, franca 1573 China. HonE-kons-. local currency 5625 Shanghai, taels 7650 Japan, yen 48ia NEW YORK. Jan. 13. Exchange, firm; sterling demand $3.73. cables $3.73 ; francs, demand 6.11, cables 613; Belgian franca, unchanged; guilders, demand 32.S0, cables 32.90; lire, demand 3.45. cables 3.47; marks, demand 1.43. cables 1.44; Greece, demand 7.45; Montreal, 12 per cent dis count. Sterling advanced further in the late dealings; 60-day bills. $3.69; commercial 60-day bills on banks, $3.69; commercial su-day bills, $38; demand $3.74, ca bles $3.74. Bricks or prints, 47c: seconds in cubes, 43c: bricks, 44c; country creamer extras, cost to jobbers m cubes. 40; storage nominal. NEW YORK, Jan. 13. Butter Weak, unchanged. Eggs, firm: fresh gathered, extra first, 7S,r74c; ditto firsts, 71076c Cheese, firm; unchanged. CHICAGO, Jan. 13. Butter Unsettled; creamery extras. 48c; standards. 47c Eggs Higher; receipts, 24S5 cases; firsts, 67067c; ordinary firsts. 59 0 62c; at msrk, cases Included. 5ft ii 62c; refriger ators firsts, 59&60O. - Foreign Bonds. Following foreign bond quotations are furnished by the Overbeck ft Cooke lo Portland: Bid. o: Russian 5s, 1921 . Russian 5s. 1926 . Russian 6s. 1919. . Currency French 5s, 1 931 . . . . Frenc.i 4s. 1917 '. . . . Frencn 5s, 1920 Italian 5s. 1918 British 5s, 1923 British 3s. 1927 British 5s. 1929 British vky 4a ..... British ref 4s Belgium rest 5s . Belgium prem 5s . . . Germor W. L- 5s . . Berlin 4s Hamburg 4s Hamburg 4 h-s 11 . .. 48 . .. 39 . . . 57 . .. 26 ...364 . . . 345 ...342 . . .272 . . .245 ... 38 . .. 61 ...11 ... 12 ... 12 12 Lelpslg 4s 12 Leipsig 5s Munich 4s 12 14 Munich 5s - 34 ..'ap4s 1 1 ri Jap 1st 4s 77 Jap 2d 4s 96 Anslo French 5s 97 U K 5-As. 1D21 .' 94 U K 54S, 1922 88 0 K 5a. 1929 86 Ask. 13 8 14 50 41 59 27 376 357 354 284 257 60 63 12 13 13 13 14 14 16 15 78 77 96 8 95 89 86 O.6H0 1,600 2.500 2!lo(l 5.100 4,600 12.200 200 1.6O0 700 1.800 8.800 BONDS. .'lOlAtchen gen 4s. 86.80 D ft R con 4s. . .86.80;sj y C deb 0s.. . 87.00!Nor Pac 4s do 2d 4s.. 88.36 do 3s do 3d 4s.. 89.80;Pac T ft T 5s. . so.so renn can sv-s.. 97.068o Pao cv 5s.. 97.08!So Ry 5s lOO.MitTnlon Pac 4s.. cv 4s. co.M04.00;U S Steel 5s... Am T ft T cv 6s 96 V S Lib 3s. .$92 do 1st 4s. do 2d 4s. do 1st 4s. do 4th 4s. Victory 8s . do 4s ... S 2s. coup.' 1 7S 65 92 77 56 81 J" 97 88 S3i. 95 Bid. Mining Stocks at Boston. BOPTON, Jan. 13. Closing quotations: Alloues 21 INorth Butte .. 11 rix Com 701d Dominion.. 20 A Twenty-Year First and Refunding Mortgage Gold Bond at a price to Field about 7.10 One of the largest of the well established and successful elec tric light, power and gas cor porations in the United States. In $1500 and 41000 deaomlnations Circular upon request for OR366 The National City Company Offices in more than SO cities Portland, Yeon Bid. Telephone Main 6072 Swift A Co. Stocks. Closing prices for Swift A Co. stocks at Chicago wero reported by the Overbeck & Cooke Co. of Portland as follows: Swift i Co 105 Swift International - IJbby. McNeil & Libby 1-' National Leather Coffee Futures Lower. NEW YORK. Jan. 13. There were fur ther reactions in the market for coffe futures here today, owing to the somewhat unsettled ruling of Brazil and continued realizing. First prices were one point higher to one point lower, but there was quite a little March liquidation and the market soon weakened with that delivery selling off to 6.68c. or 22 points net lower, while the more active later monthashowed net losses of about 20 to 23 points, with May selling at 7.10c. Rallies of a few points followed on covering, but the mar ket closed at a net loss of S to 14 points. Closing bids: January. 6.42c; March. 6.73c; May. 7.20c; July, 7.56c; September. Sc; Oc tober. 8.10c. Spot coffee less active; Rio 7s, 7 74c; Santos 4s, i10c. JDairy Produce Markets. SEATTLE. Jan. 13. Egg. Select local ranch, white shells, 54c; pullets, 4056c Butter City creamery. In cubes. 46c; Canadian Bonds SIO.OIK) Province of Alberts. 414 Maturity Feb. 1, 1924. at Sl.24. yield 7. 31004) Winnipeg;, Manitoba, 5a, Maturity Aug. i. 1926. at 86.02. yield 7. $20,000 Vancouver, B. C 4V4s Maturity Feb. 1923. at 93.41, yield S, Call or Phone Freeman, Smith a CAMP CO. ORO'JNO FLOOR LUMBSRMCNS BU1LOIN Fifth sno Stark -war sto LIBERTY AND VICTORY BONDS Headquarters for buying and sell ing all issues. Large or small lots. HERRIN & RHODES, Inc. Established 1S96. Main 283-2K4. 201-2-3-4 itallway Exchange Bids. From and after this date the firm of Wm. A. Read & Co. will be continued under the name of Dillon, Read & Co. by all of the present partners, together with the following, who have this day been ad mitted to partnership: Mr. W. M. L. Fiske, our former resident partner in Chicago, who retired in January, 1920, on account of ill health. Mr. E. J. Bermingham, associated with our firm for twelve years and now manager of our Chicago office, and Mr. Wm. A. Read, Jr.. eldest son of our late senior partner, Mr. William A. Read. January 14, 1921 Dillon, Read & Co. Metal Market. NTETW YORK, Jan. 13. Copper firm. Electrolytic, spot, G13t4c; first Quar ter unchanged. Zinc steady. East St. Louis, spot, 5.509 5.65c. .Pther metals unchanged. New York Sugar Market. NEW YORK, Jan. 13. Raw sugar. 5.52e for centrifugal; refined, 7.75c for fine granulated. Dried Fruit at New York. -VBW YORK, Jan. 13. Evaporated ap ples duiL Prunes steady. Peaches quiet Duluth Linseed Market, :""!. rrn, Jan. 13. Lineeed on track and arrive, $2.05. Cotton Market. XE1W YORK, Jan. 13. Cotton, quiet. Middling, 17.65c. spot. DAILY CITY STATISTICS Marriasje Licenses. WAGNER -BiRAJkl BR John Charles Wagner. legal. 500 East Forty-elffhth street North, and Ethel Bramer. legal, 36ti Glenn avenue. PACKAXZ-LICHTGARN K a t h a n S. Packanx, &4& East Lincoln street, and Bertha Lichtgara, 19, 797 East Lincoln street. SAMS-ISRAEL Sam Sadis, 25, 323 Lincoln street, and Vlda Israel. 21. 3685 Second street. TYSON-GREENE Neale A. Tyson, le gal, Amboy Wash., and Helen M. Greene, legal, 1213 Vancouver avenue. CROSBY-BA RN'HART Paul J. Crosby, legal, 592 East Eighth street North, and Charlotte Barnbart, legal. 373 East Firs: street North. KENNEDY-STEWART Lester V, Ken nedy, legal, 394 Guild street, and EiMjhe mia W. Stewart, legal. 240 East 23d street. DOBBIN-SODEN Merton A. Dobbin, legal, Portland, and Prances J. Soden, le gal, 629 East Tenth street North. EHRICKE HANCOCK Herbert Touse Ehrlcke, legal, 1029 Kelly street, and Jen net Austin Hancock, legal. 000 East Twenty-fourth street North. VERMILYEA VERMILYEA Silas R. Vermllyea. legal, 4829 Thirty-fourth ave nue southeast, and TL Kathryne Vermll yea, legal, Portland. Vancouver Marriage Licenses. SAWYER-SKINNER Cecil C. Sawyer. 23, of La Center. Wash., and NIda Skin ner, 19, of La Center, Wash. TDRNBULL-BOSS Hurley A. Turnbull, 24, of Sherwood, Or., and ileanette W. Boss. 18. of Sherwood, Or. SAX-KERSHAW Jack Sax, 21, of Port land, and Myrtle Kershaw, 21, of Port land. ' FLA GG-HURLBTJRT Prank Flagg, S2. of Portland, and May L. Hurlburt, 30, of Portland. RIVIAHO-POIKELA Edward J. Rlv iaho, 26, of Clatskanie. Or., and Helia M. Pofkela. 20, of Clatskanie, Or. I'.I.OfK-KEUSTEL Frank Block. 31. of Portland, and Mrs. Emma Feustel, 31, of Portland. GIGGER-WEISE Joseph Bill Glgger, le-le- 27, of Salem, Or., 'and Mrs. Myrtle M vVeise. 23, of Salem, Or. LEWIS-LIBERTY Carl H. Lewis, gal. of Vancouver, and Pearle Liberty. gal. at Falls City. Neb. PIERCE-GVNTER Lester E. Pierce. 15, and Mrs. Bessie E. Gunter. 28, both of Vancouver. FEELET-DHOM11 ON D Frank F. .Fee ley. 23. and Mrs Elenora A. Drommond. S8, both of Aurora, Or. VEARRIER-OVERLUND William R. Vearrier, 22, and Kristine J, Overlund, 18, both of Sllverton. Or. HANSON-PETERSON Ericha Hanson. 28, and Mrs. Johanna Peterson, SI, both of Vancouver. CRO-MER-INYER Jessie G. Crwmer, 23. of Oregon City. Or., and Lora Inyer, IS, of Clatakanie. Or. Soft Drink Permit Issued. "The Tiectar dispensed by this gren tlemanought to be a Bevo and Venus mixture," remarked Mayor Baker in council yesterday when a license to operate a soft-drink establishment was issued to John Bevus, an Aus trian. Bevus was a partner of Sam Jaksish in an establishment at 312 Second street. The license In Jak sish's name was revoked some time aire, and Bevus wanted to continue the business. Commissioner Bisrelow objected on the ground that Bevus had been in this country ten years without taking out citizenship papers. Phone your want ads to the Ore gonian. Main 7070, Automatic BfO-95. 'mill Ctaservative Custodian Chats' Liberty Bonds pur chased at present prices yield from 5 to 6 per cent. Buy your bonds at the Hibernia. Money from this issue goes back into the district to make it richer and the security even better. 6To GOLD BONDS Columbia Municipal Irrigation Dist. BENTON COUNTY, WASH. Due 1931-39 RAINIER DRAINAGE DISTRICT (OREGON) 6 Bonds Prices to Yield ey2 Income Tax Exempt Denominations $100-$500 Prices to Yield Income Tax Exempt Write for circular. TEPST COMMNY Broadway and Oak m The same sound judgment which has guided the affairs of this bank for more than three-score years guides it today in the selection of the bonds it offers you. An Oregon Municipal Bond The general obligation of a rich agricultural district immediately adjoining the City of Portland, Oregon. Exempt From All Federal Income Taxes We own and recommend for investment the unsold portion of an issue of $400,000 MULTNOMAH COUNTY DRAINAGE DISTRICT NO. 1 5x2 Coupon Bonds Denominations $500, $1000 Bonds are available from the following serial maturities: 1933, 1934, 1935, 1938, 1939 Prices to Yield 6 This is an exceptionally well secured bond. Full information on request. Oldest in the Northwest WASHINGTON AT THIRD 12! a 1 Q$Q ,1 . i- .)!! ,asiii-. H Ml We offer our participation in $10,000,000 Steel & Tube Company of America 30-year, General Mortgage and Sinking Fund 7 Gold Bonds Dated January 1st, 1921 Due January 1st, 1951 Denominations $1000 and $500. Bonds callable at 107. This Company is a large manufacturer of pipe and other finished steel products. Net Quick Assets (Dec. 31st, 1920) $27,000,000 Earnings (year ended Dec. 31, 1920) $12,000,000 7 times present aggregate annual interest charges. The bonds are followed by preferred and common stock representing equity of $67,000,000. Price 95y4 Yielding 7.40 Call or write for circular descriptive of this issue. Blyth. Witter. & Co. Municipal and Corporation Bonds VEOJf BOJLDI.G, PORTLAND PHO.VE MAIN S1S3 n Kr.nrl.rn .w York Seattle Los Anacelrs . 3' NEW TOM CH1CAOO rHILArILPM4 BBTMOIT CLIVfUHD BOSTON HUNT LOUIt ALT1HOH PI TTBU G am rNANCtaca LOS AMCILU BUFFALO HASK1NS & SELLS cAimrieo PUBLIC ACCOUNTANTS CmCW rout) CAW-jK aodhibb "haikwlls- PITTOCK BLOCK PORTLAND HSW ORLIANI IATTLI KANSAS CITY DINVCR ATLANTA DALLAS ALT LAJKB CITY TULSA WATKSTOWN LONDON FAR! We Announce the Opening of an Office in the Pittock Block, Portland. Oregon, and the appointment of mr. r. j. leo. C P. A. (Oregon) as Manager. Has kins & Sells. JANUARY lO. J92I. HOME INVESTMENTS and SAFETY Real estate of our Great Pacific Northwest is as imperishable as its mountains and streams. Its intrinsic value is constantly increasing through the inexor able operation of the economic law of diminishing sirpply. Its titles are as sound as our great republic which granted them. The mortgages we offer the investor are based upon 50 of the quick sale value of this real estate. They afford ABSOLUTE SECURITY, high yield, and promptly paid interest and principal Ask for booklet and list of attractive offerings. Western Bond & Mortgage Company MAIN 113. 80 FOURTH ST. Bonds Available for Immediate Delivery CITY OF TWIN FALLS, IDAHO General Obligation 6 Bonds Dated December 1, 1920 Due, 1940, optional 1930 The city of Twin Falls, the county seat of Twin Falls County, is one of the most modern and prosperous cities of the entire west. These londs were authorized by more than a two-thirds vote of the taxpaying electors of the city and represent a gen eral obligation of property valued at $15,000,000.00. Price to Yield 6 Income Tax Exempt KEELER BROTHERS Portland Investment Securities Denver UNITED STATES NATIONAL BANK BUILDING Broadway a800 The Honse Built Square." We Ofler, Subject to prior Sale CANADIAN BONDS Rate. . 5 .. 5 Province of Saskatchewan. - Province of Manitoba. Province or Aianiioos, Province of Ontario . Province of British Columbia M Province of British Columbia 6 Victoria, B. C. General.... Vancouver. B. C, Harbor Imp... o Canadian Northern Ry., Equl. Tr B Maturity. 10-15-25 4-15-2S 10- 1-25 10- 1-23 7- 1-2S 10-25-23 7- 21-23 8- 1-21 H-21-27 Yield. 7.50 7oro 7.25 7.30 7.50 7.50 8.00 8.00 Detailed inrmaUonan DfA DvrYnl'h0d UPn f.ARSTENS & FsARLES, INCORPORATED l Established 1S01. Government, Municipal and orporntlon Bonds, U. S. National Bank Bldic. San Pranelseo Portland, Oregon. Los Angeles Brdw. 4108. Seattle Spokasae 4