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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Jan. 26, 1921)
TIIE MORNING OREGONIAN, WEDNESDAY, JANUARY 2G, 1921 EGG PRICES MADE IW Minirro LHU I LniK IVIHIIIUIU SS930 cent, anchansad. Country dressed meats were Values Are Not Regulated by Local Demand. Bank Clrarincs. Bank clearings of the northwestern cities yesterday were as follows: Clearings. Balances. Portland 14.770,71 S8,."7r,:! Seattle 3,U'.i,x:io S."(,W1 Tacoma fi4,744 W.2!l9 Spokane l,.VXi'i-lS 41'0,7t!J rORTLAXD MARKET QUOTATION. Grain. Floor. Feed. Ete. Merchants Exchange, noon session: STOCK MARKET NARROW OILS AFFECTED BT DECXIXES IX CRCDE PBODCCTS. SURPLUS PRODUCED HERE Wheat Hard white Soft white White club Hard winter .... Northern spring; Jan. .. 1.65 .. l.l .. l.BU .. 1.33 1.35 Decline Kapld In Past Few Days, but May Be Checked by Stormy VVeather la East. "Poultry raisers in Ore&on this winter find that the Oregon egg market is governed by eastern trade conditions, particularly the New Tork market, and not by the rate f consumption in the northwestern cities, aa in Bast years. More eggs are now pro duced in Oregon than can be consumed here and as the surplus must be sold in the east the eastern prices, therefore, regu lata the local market. It Is for this reason that Portland prices have been on the down grade for several Jays, the movement culminating In a 8- cent drop yesterday. It Is likely, however, that the decline will be checked, at least temDorarily, aa the eastern markets have recovered in a degree from last weeks big elump. Snow storms- and other disturbances .he ere producing sections or tne mia i. west, which suppiy a good portion of the Atlantic coast trade, are respons .. h. raiiv In the market Portland buyers yesterday were offering from 40 to 43 cents delivered to shippers In the country and It Is understood most ef them will pay 40 cents today, u ..in.,,, nrii-rn were also reduced. Jobt asking 4548 cents for candled ranch and 48050 cents for selects. v-tr.nr TORK. Jan. 25. Eggs firm: re wlnu. 13.444 cases: fresh gathered extra firsts, 64 63c; firsts, 610630. -Bld- Fet. t 1.65 1.60 1.60 1.55 1.35 1.32 33.50 31.30 32 50 3U.0O 33.30 Mar. 1.65 1.00 1.6U 1.55 1.55 1.52 S4.00 31.50 32.50 2M.00 33.50 CHICAGO. Jan. 25. Bkct. higher; re ir,.. una? eases: firsts, 67e574e; ordl- ' . . mi in. I r .ii n n .1.) 1. . Kb eluded, 65 56c SAN FRANCISCO. Jan. 25. Eggs, fresh .... nii. .lr. firsts. 494c: extra .All 11--,, . -1 . - 'pullets. 46c; undersized pullets, 43c epiTTiji Ton M Tffigrs. select local ranch, white shells. 53c: pullets, 47c HARD WHITE WHEAT IS STEADY Bids on Other Grades Are Lower en Local Board. Except for hard white, which was un changed, wheat bids on the local board ..r. reduced 2 to 8 centa. Business was reported light. The coarse grains were weak. Oats bids were SOcffitl lower and brewing barley and January feed barley were down $1. Corn was unchanged. According to eastern advices the French erder for 1100.000 bushels of wheat has be:n filled. The selling at Chicago was cred ited to foreigners. Country offerings of wheat In the southwest are falling off. December shipments of burlap from Cal cutta for the United States and Canada reached 85,000.000 yards, of which 67.000. 00 yards were for the east coast ports, 6,500.000 yards for the west coast and J. 500. 000 yards for Canada. This brings the total for last year up to 696,000,000 yards, the largest In the history of the trade. Terminal receipts. In cars, were reported by the Merchants' Exchange aa follows: Portland Wheat Bar. Flour.Oats.Hay. Tuesday ..... Tear ago.. Season to date Tear ago.. Tacoma Monday Year ago. . . Season to date Year ago.. Seattle Monday Year ago. . . Season to date Year ago... Red Walla 1.52 Oats No. 2 white feed 33.50 No. 2 gray 31.00 Barley Brewing 33.00 Standard feed 31.00 Mlllrun 33.50 Corn No. 3 E. T. shipment. 30.00 31.00 30.00 FLOUR Family patents, $10.20; bakers- hard wheat $9.50: bakers' blucstem pat ents, $9; vaiiey patents, S7.1H): whole a heat. SS 60-. graham. $3.45. MILLFEED Prices f. o. b. mill. Mill- run, J36 per ton; rolled barley, $43'3'45; rolled oats, $44; scratch feed, $60 per ton. ixjk.n Whole. 142; cracked, pet ton. jiai DUTinf Li i ll.ro, x. " v. rm usuu. Alfalfa. $20 per ton; cheat, $22 23 clover, $20; valley timothy, $27028; east ern Oregon timothy, $30. Dniry and Country Produce. BUTTER Cubes, extras, 3U40c pound: prints, parchment wrapped, in box lots, 45c per lb.; cartons, 46c; butterfat, buying price, 363c pound at stations; A grade, 43c; B grade, 41c; Portland de- livfcrv. EGGS Buying prices, case count 4043c delivered; Jobbing price to retailers. candied ranch, 45i4Sc; selects, 4Si&.j0c CHEESE Tillamook triplets, price ti lobbera. f. o. b. Tillamook. 30c POULTRY Hens. 24to30c; springs, -24W 30c; ducks, 25 (gi 40c; geese, 32c; turkeys live, nominal; turkeys, dressed, nominal. PORK Fancy. 15c per pound. VEAL Fancy, lBic per pound. Fruits and Vegetables. FRUIT Oranges, navels, $3.50 5; lem ons, $3.7504.73 box; grapefruit $3SFS.50 per box; bananas, 12fe013Vfcc per pound; grapes. $4.0 lug; apples. $1.3o03.2o per box. VEGETABLES Cabbage, 1K02KO per pound; lettuce, $3.50&3. ij per crate; car rots, $1.504i 2 per sack; garlic 20'2oc; beets, $2 per sack; cauliflower, $2.25 (a 3. 75 per crate; celery, $5$j 5.25 per crate; green peppers, 25030c per pound; sprouts, 17c per pound; pumpkins, 214c per pound; rhubarb, 2uc per pound; spinach, $2.25 per box: turnips. $2.50 per Gack. POTATOES Oregon. $1.5001.65 per 100 pounds; lakima. $202. 2o; sweet potatoes, bto7c Der Dound. sli.bu oer hamper. ONIONS Oregon. 11.50 per sack. Cali fornia brown, $1.5001.75 per sack. 6taple Groceries. Local iobbins- Quotations: SUGAR Sack basis; Cane granulated. 8.3c per pound: beet. 8.20o per pound. NUTS Walnuta, 22026c; .Brazil nuts. 35c: tilberts. 21fr25c: almonds. 26&3UC; peanuts, 90 14c per pound; cocoanuta, 4 per dozen: pecans, 32035c; chestnuts, 25 fe35c Dound. RICE Blue Rose, 6C per pouna; ja- Dan Btvle. Tc Der Dound. BEANS Small white. c: lange wnno, 6c; pink, 7ic; lima, 10c; bayou, 12tic; red. 7c per bound. COFFEE Roasted, bulk, drums, hbjoc per pound. SALT Granulated, Bales, a.ou.-o; half ground, ton, 50a, $1U.75; 10OS, 16.2.1; lump rock, $26.50. Liberty Bonds Average Better and Xew Belgian Loan Commands Slight Premium. NEW YORK, Jan. 25. Stock trading to day retained all of Its irregular and hesi tant character. Oils were the only impor tant shares to reflect changes in the in dustrial situation, reacting from early ad vances on further reductions in the price of crude products and diminished demand. Equipments and steels, especially inde pendent Issues of the latter group, rose and fell within a range of 1 to 3 points, except United States Steel, which followed a narrower course. General Asphalt was again the most conspicuous specialty, gaining 3H and lifting leaders to a steady to firm close. Sales were 500,000 shares. The financial statement of the United States Steel corporation for the fourth quarter of 1920, Issued after the "close of the market, reported earnings of $43,877, 862, against $48,051,540 in the previous quarter of that year. Call money was loaned at 7 per cent and the time money market was quiet with a prevailing bid of 6Vx per cent for the shorter periods. In foreign remittances, sterling bills strengthened, but French and Belgian rates canceled much of yesterday's sensa tional gain. The bond market was moderately ac tive, the new Belgian issue being traded in on the exchange at a slight premium over its Issue price of par. Liberty is sues were mostly better and the general trend elsewhere was towards firmness. Sales, par value, $12,375,000. Old United States 2s declined Is and the 4s advanced Is point on call. CLOSING STOCK QUOTATIONS. American Can Am Car & Fdy Am HAL Pfd Am Inter Corp American Loco Am Smt & Htg American Sug Am Sum Tob Am Tel A Tel Amert Woolen Am Z L & S Anaconda Cop Atchison .... Atl Gf & W In Ba.dwln Loco Haiti & Ohio Bethle Steel B But & Sun Cop Cal Petroleum Canadian Pac Ceutrl Leather Chandler Motrs dies & Ohio Chi Mil & St P Chic'KO & N W Chi Kit Pac Chino Copper Colo Fl A Iron Corn Products Crucible r.rie Generl Electric Generl Motors Grt North Pfd Insplra Copper fct Me JIa Pfd Interna Nickel interna Paper Kan Cty South Kenne Copper Sales. 2.200 1.700 2.400 4,4oO 200 8,500 300 900 1.2O0 1.300 200 4.200 900 5.900 9.100 2.000 9.4O0 1O0 1.200 3.7IK) 3,100 200 81 H) 2,300 2K 1,200 200 1O0 1,400 Steel 17.100 1,4U 900 6,200 900 100 2O0 1.80 1.8O0 (K) 1.400 High. 29 ! 123 45 40 '4 82 38 93 4 1S t'4 66 j, 9 3S 83 69 90. 35 56 Vi 13 31) '4 115H 40- 69 59 28 H 67 Ti M 22 14 29 7114 97 -4 1 13 126 14 Met Petroleum fil.Soo Provisions. HAMS All sizes, 29033c; skinned, 2B0 32c; picnics, 2oc. BACON Fancy, 0S47c; choice, S0O32C. standard, 25 0 27c. LARD Pure, tierces, 19140 pouna; com. Dound. tierces. IZViQ. DRY SALT Backs, 21024c; piatea ioc lec 144 ... 2 1 19 10 ... 20 1 10 10.154 178 310 843 1418 6.643 161 597 87 1140 11 ... 4 1 .... 52 ... 3 2 7 8.194 47 623 85 621 4,534 68 1758 138 613 2S ... 1 1 5 17 ... 3 1 5 S.3U9 177 233 299 1057 4.24 6 212 466 611 941 IN WHEAT ACREAGE INCREASE Southern Hemisphere Planted 13 Per Cent Store Than in Previous Year. The statistical bureau of the Interna tional Institute of Agriculture has Just is sued its December bulletin.' Estimates of the cereal crops for 1920 show no mate rial change in quantity. The quality of Canadian grain is reported as excellent The wheat crops of Argentina, Austra lia and South Africa, now in process of harvesting, were grown on an aggregate area of 102 million hectares, 13 per cen greater than in-1919, but 10 per cent be low the five years' average extent. No official estimates of yield are yet avail able. The grain crops In Northern India are still in want of rain, but elsewhere in the peninsula prospects are fair. The autumn sown crops in Europe and tn the United States have made favorable progress, generally speaking. In Egypt an increased area will be avail able for cereals, as it is expected that cotton-growing will be reduced, owing to the large decline in price. Between November 12 and December 10 all the Important rates of ocean freight for grain declined by 25 per cent to 30 per cent, while the prices for North Amer lean wheat were also rather lower, but exchange quotations were nearly similar to those of the earlier date mentioned. LOW-PRICED APPLES IN DEMAND Loral Buyers Looking for Cheap Fruit. Kaatern Markets Steady. Apple buyers on the local market sought low-priced stock chiefly, and as this grade la cleaning up, the market is on a fairly teady basis. Country sales were limited and held to the previous range of prices. Yakima sold fancy, small to' large, Winesaps at $1.75, and small C grade at 95c ft $1. In the New York market, the following prices to jobbers prevailed on northwest ern apples: Winesaps, extra fancy, large, $4.00r4.25; medium. $3.2503.50; small, $2.7503. Romes, extra fancy, large, $3,250 8.50; few $3.60; medium, $2.75?3; small, $2.25-82.50; fancy large, $3.2503.40; med., $2.30 0 2.73; small, $2.25jr2.50. Staymans, extra fancy, large, $3.2503.50; medium, $2.40 '$3.00. Spitzenbergs. extra fancy, large. $4.5004.75; small to medium, $3.73 0 4.25, mostly $4.00. Delicious, extra fancy, large, $5.5005.75, few $6.00; me dium, $4.5003.00; small, $.1.75 0 4.25. Mc intosh, fancy, large, $3.503.60; medium, $3.0003.25; small. $2.8003.00. At Chicago, extra fancy Romes, medium to large, sold at $2.75 03.25. Extra fancy medium to large Jonathans st $2.5003.00, and small to medium at $2 0 2.50. BUTTER IS SHIPPED TO COUNTRY Make la Small Here nod in Interior. Poultry la Easier. The butter market was steady though locally business was not of large propor tions. Cube extras were variously quoted at 39 to 40 cents, with few sales, ship ments of cubes were made from this "city to country creameries, which shows how abort the make is running. An easier tone developed during the day tn the poultry market and although re ceipts were not large, there was some difficulty in cleaning up. Light hens sold a.t 24 if 25 cent and heavy hens brought Hides, Pelts, Etc. HIDES Salt hides, all weights, 60 pet pound, green hides, all weights, 5c; salt bulls, all weights, 5c; green bulls, 4c; calf skins, green or rsl;, life; k:p skins, green or salt 8c; dry hides, 12c; dry salt hides. c: dry calf. 13c. Above prices for coun try hides and skins. Prices lor city skim and hides follow: Calf skins, 12c per pound: kip skint. 9c; city packer hides, green, c. PELTS Salt pelts, run wool, country. 35c05Oc; packers, 50060c each; dry oni wool pelts, fine, 7C pouna; ary long woo. pells, medium, 6c; dry long wool pells coarse, 4c. TALLOW No. 1, Be: No. z, 40 pouna CASCARA BARK 1920 peel, 80 pound HOPS 1920 crop, choice. 24 0 25c pound. WOOL Local market based on eastern scoured values as follows: Eastern Ore gon No. 1 staple, 80c; eastern Oregon clothing, 60065c; Valley No. 1, 6c pei pound. MOHAIR Nominal. Oils. LINSEED OIL Raw. in barrels, $101; drums, $1.08; cases. $1.10. Boiled, In bar rels. Si. 03: drums. $1.10; cases, $1.18. TURPENTINE In tanks. $1.21; cases. $1.36. COAL OIL Tank wagons and Iron bar rels, 171jc; cases, 30 0 37c FUEL OIL Hulk. $2 35 per barrel. GASOLINE Tank wagons and Iron bar rels. 29c; cases 4114c, SAX FKANCISCO PRODUCE MARKET Miami Copper -Mid states Oil Midvaie Steel Missouri Paclf Nevada Copper New Vork Cen N Y N H & H Nor Western Northern Paclf Ok Pd & Hfg aclfic Mail Pan-Am Petrol P-nni?v!variia. . Ray Con Cop Reading Kep ir & steei Royal U N Y Shell Tr & Td Sin Oil & Rfir Southern Pacif Southern Rwy s o X J Pfd Studebak Corp 15.S"0 Texas company lo.aoo Tobacco Pelts H'mp Tranacontl Oil 1.600 Union Pacific f"'0 U S Ind AlchI 1.300 U P Rtl Stores 1.3"0 U S Rubber.. 5.3"0 U S Steel. . . 14,000 U S Steel Fie. '" Utah Copper. . 8,4"? Western Lnion West Electric Willys - Overld TORK. NEW Hons: U S Lib 814.. : do 1st 4S... do 2d 4s... do 1st 4V,. do 2d 4'4s. do 3d 414 s. do 4th 41s. Vic 34s do 4s .... U S 2s reg.., do 2s cou. do 4s reg. 34 T4 54 14 15 54 60 20 20 154 4 1 13 31 1SH UVi 7214 20S 100 14 83 8 14 3 7 '4 7434 414 131 84 66 4 64 41 T4 23 i 9S 22 Tt 109 5714 43 55 14 II ! 56 69 "4 82 -)4 110T4 60H 8314 43 8 BONDS. Jan. 25. Closing 200 4.2O0 2,1 00 400 600 400 1,200 300 2,300 S"0 2o0 9.3O0 2 700 1.100 2 900 3.800 5.800 300 9.2IK) 2.6O0 100 500 67 300 800 1.300 Low, 2S 12114 43 45 82 37 93 78 99 66 9 37-14 82 68 88 3414 55 13 3514 11414 39 14 69 50 H 27 '4 67 26 22 V4 29 70 94(4 13 '4 124 14 . 73 34 T4 B41 14 58 19 19 150 Vi 18 12 30 '4 is 14 1114 71 20 100 83 314 17 73 4114 124 83 65 62 41 22 97 22 10S 5 42 65 10 119 60 55 67 81 110 55 85 45 7Ti Last sale. 28 122 44 46 82 37 93' 78 99 66 9 37 83 69 80 34 55 13 SJ 115 39 69 59 27 67 26 22 29 71 90 13 124 . 14 76 34 54 15 59 19 19 154 18 12 31 18 1 1 71 20 100 83 3 17 74 41 1 .1 1 83 65 63 41 97 22 109 56 4:1 55 10 119 56 68 82' 110 a Greece, drarh m ---...-.a... .0773 1 Holland, guilders I Hungary, kronen w-'" Italy, lire 0378 Jufro-Slttvla, kronen 0078 .-Norway, kronen ' Portugal, escudos .11 -SO Roumanfa. lei 0153 Serbia, dlnara 0305 Spain, pesetas J3SS Sweden, kroner 2205 Switzerland, francs 15iK" China-Hongkong, local currency 557.1 Shanghai, taels 7550 Japan, yen 4900 NEW TORK, Jan. 25. Exchange heavy; sterling, 60-day bills, $3.74 H ; commercial Co-day bills on banks, $3.74 H; commercial Grt-day bills. $3.74; demand, $3.79; cables, $3,703.; francs, demand 6.84, cables 6.S6; Belgian francs, demand 7.23, cables 7.25; guilders, demand 33.15. cables 33.25; lire, demand 3.59, cables 3.61; marks, demand 1.69, cables 1.70; Greece, demand 7.50; Argentine, demand 35.50; Brazilian, de mand 14.&5; Montreal, 11 per cent discount. Foreign Bonds. Following foreign bond quotations are furnished by the Overbeck & Cooke com pany of Portland FOREIGN SALES FACTOR WHEAT PRICES BREAK SHARP JjX IX CHICAGO MARKET. Failure of Allies to Authorize Loan to Austria Results in Selling. English Buying Ceases. Bid. Ask. Russian 5 ',4 s. 1921 13 15 do 5s. 1926 12 15 do 6s, 1919 35 17 Currency 45 52 French 5s. 1931 59 62 do 4s, 1917 50 52 do 5s. 1920 69 71 Italian 5s, 1918 27 09 British 3s. 1922 375 37 do 5s, 1929 357 309 do vky 4s ..j 284 296 do ref 4s 200 . 274 Belgium rest 5a 70 72 do prem 5s ....1 75 77. German W. L. 5s 13 15 Berlin 4s 16 17 Hamburg 4s 16 17 do 414s 16 37 Leipsig 4s 16 18 do 5s 17 19 Munich 4s 16 37 do 5s 19 22 Frankfort 4s 17 19 Jap 4s 60 60 do 1st 4s 79 79 do 2d 4s 79 79 Paris 6s 96 S6 U K 5s, 1921 99 99 do S'.is, 1922 9514 85 do 5s. 1920 89 do 53, 1937 86 86 Swift & Co. Stocks. Closing prices for Swift & Co. stocks at 'hlcago were reported by the Overbeck & Cooke company of Portland as follows: Swift & Co 104 Swift International 26 Llbby. McNeil & Libby 12 National Leather 8 Metal Markets. NEW TORK, Jan. 25. Copper, quiet. Electrolytic, spot and first quarter. 12 gfl3c; second quarter, 1313c. . Iron, nominally unchanged. Tin, weak. Spot and nearby. 32.250 32.75c; futures. 33.50c. Antimony, 5.50&3.73C. Lead, steady. Spot, 4.75c. Zinc, quiet. East St. Louis delivery, spot. 5.37 & 5.50c New Tork Sugar Market. NEW YORK. Jan. 25. Raw sugar, cen trifugal. 5.39c. Refined. 7.75c for fine granulated. Cotton Market. NEW TORK. Jan. 23. Spot cotton, ouiet. Middling, 16.20c. DAILY METEOROLOGICAL BErORT. PORTLAND. Jan. 25 Maximum temper ature. 44 degrees; minimum, 33 degrees. River reading, 8 A. M.. 8 6 feet: change in las-t 24 hours, none. Total rainfall (5 P. M. to 5 P. M.). 0.02 inch: total rainfall ince September 1. 1920. 2S.91 inches: nor mal rainfall since September 1. 24.58 inches; excess of rainfall since September 1, 192-0, 4.33 inches. Sunrise. 7:41 A. M. ; sunset, 5:06 P. M. Total sunshine January 25, none; possible sunshine. 9 hours 25 minutes. Moonrise Wednesday. 9:02 P. M.; moonset Wednesday. 8:56 A. M. Barom eter (reduced to sea level) at 5 P. M., 29.82 inches. Relative humidity at 5 A. M., 75 per cent: at noon, 70 per cent; at 5 P. M., 02 per cent. THE WEATHER. STATIONS. 2 2 "S Wind 5 B c 3 3 3 ,j 2 X . s " ? i I I ? I : S . : 5 : : ? : Weather S5 45 Quota- OO'tT S cv 4s cou. '102 87.no; Am T & T cn 6s 96 R7.80IAtchen gen 4s.. 78 8H.04 .N y uen aeD os im R7.K9INorth Pac 4s... 7X 90.86-North Pac 3s... 56 08 36: Pac T T 5s. 83 ,. 97.30IPenns on 44s.. 90 , . 97 30!South Pac cv 5s 90 . .9R!4ISoutn Kan as., o'.i 9K"..!t'nlon Pac 4s... St .102iU S Steel 3s.... 94 Baker 28! 8.8 0.02!. .ISE ICloudy Boise 32 4S0.0O.. SE ICloudv Boston 0 1S'0.!!22 XW'r-lear Calgary ....10i 4O0.0Of..W (rt. cloudy Chicago ... 24 2S 0.00 16 1: C oudv Denver .... 14! SSO.Ool . . !SE IClear Des Moines. 1 26 260.10 10 NE Cloudy Eureka .... 44! 5S0.0i;i6SE ICloudy Galveston. I 601 66 0.161..! ICloutly Helena ....1 24 40 0.00' . . SW ICloudv Juneaut .. .1 24 2.8 0.08!. JW Cloudy Kansas City 3S 3S 0.12:26 N Snow n Angeles 48: 68 0.00! . .INWiCloudy Marshfield ..... 5S0.16..'S ICloudy Medford ... S5! 560.0O36SE Cloudv Mlnneanolis I. 12 22 0.00!. . IE irinndv .-ew uriear.si 05- 2 o.imi . . i.sw iKaln Bid. Mining Storks at Boston. BOSTON, Jan. 25. Closing quotations: Alloues 20 N Butte ...... Arl Com ...... o kiiq nonunion. 11 19 Prices Current on Vegetables, Fresh Fruits, Etc.. at Bay City. SAN FRANCISCO, Jan. 25. Butter, on changed. Eggs Fresh extras, 50c; extra firsts, 49c; extra pullets. 46c; understzedi 45c. Cheese Hats, fancy. 23 c. Vegetables Eggplapt. southern. 5915c summer squash, nominal; potatoes, street prices. Rivers. $22.25, small box No. 1 Salinas, $3.153-25; sweets, $5.255 hun dred: onions, Australia brown, 7590c green, (11.50; beans, scarce, limas, IV bf 12c; tomatoes, 75CW1.50 per lug; celery crate, 91.50(34; garlic, 710c; cauliflower, Oucft'tl dos. : cabbage, lc lb.; bell peppers. southern. 7uplac lb.; chile, luftiloc; tur nips, 50c sk.; beets, $1.25; parsnips. $1.75 2: carrots, Sl1.25; peas, Hfal.'tc: rhu barb, 33.50; lettuce, $1.758r2.23; arti chokes. 75cil 1.60; spinach, 5tft'7c. Poultry Hens, 36gi49c; broilers, oow 58c: turkeys, dressed, 42y55c. Fruit Navel oranges, $2.o0ttf4; lemons, $23.50; lemonettes, $1.50fe2; grape fruit, J2.-T3; Arizona. $44.50; limes, $1.251.75 tangerines, $2(3.25; Bellflowers, nominal Newtowns, $1. 252.86; pears, Winter Nel- lis, nominal; bananas, &&9c. Receipts Flour, 6268 quarters; wheat, 1600 centals; barley, 49,344 centals; oats, 2156 centals: beans, 667 sacks; corn, 24 centals; onions, 56b3 sacks; potatoes, 1540 sacks; hay, 30 tons; livestock. 300 head- Brisk Advance In Coffee Futures. NEW YORK. Jan. 25. The market for coffee futures was higher today, owing to reports of a better tone In Brazil, covering and some trade buying. First prices were 19 to 23 points above last night's closing figures and active months sold 27 to 30 points net higher with May touching 7.0sc ana September i.&5c. The close was with a point or two of the best, showing i net advance of 25 to 31 points. Januarv. 6.40c; March, 6.bic; May, 7.0ic; July, 7.45c September, 7.83c; October, 7.94c; Decem ber, sine. Spot coffee was reported In fair de mand with quotations on the basis of 6c to ic tor mo is anu urioc lor Santos 4s. Dairy Produce Market. SEATTLE. Jan. 25. Butter, city cream ery, in cubes, 44c; bricks or prints, 45c; seconds, in cubes, 41c; bricks, 42c; coun try creamery extras, cost to Jobbers. In cubes. 41c; storage, nominal. NEW YORK, Jan. 25. Butter, firm; re ceipt, oolb; creamery higher than extraV 50 6 51c. Cheese, steady: receipts. 2269: stats whole milk flats held specials, 2629c CHICAGO. Jan. 25. Butter, firm; cream ery, extras, 4c; standards, 4oc. Increase in Balsln Prices. SAN FRANCISCO, Jan. 25. The average price of raisins in the United States In creased 3-10 of 1 per cent from November to December, 1920, according to advices made public here today by the California Associated Raisin company as received from the bureau of atatlstics of the de partment of labor. During the year from December, 1919, to December, 1920. the ncrease in the price of raisins was 36 Der cent, the advices said. Naval Stores. SAVANNAH, Ga., Jan, 23. Turpentine quiet, 92c; no sales; receipts, 195 barrels; iliipments. 8 barrels; stock. 15,270 barrels. Rosin, quiet; no sales; receipts. 906 bar rels; shipments. 110 barrels: stock. 84.605 barrels. Quote: B, D. E. F. a. H. i. K. At, Wti, WW. ill, 26 39 3 BO 11 .22 Cal & Ari 48!Oseeola Cal & Hecla...245 iQuincy Centennial 9 ISuperior .... Cop Rg Con Co 33 IV tab. Con ... ., v.... . aulti-inn., c nut mil ji . . i t i,i .... Franklin 2Wolverine ., I Roy (Cop)... 20IGreene-Cn . Lake Copper . . 3 1 Money. Silver, Etc. NEW TORK. Jan. 25. Prime mercan tile naner. 7S8 per cent. Government bonds steady; railroad honds irrecular Time loans firm. Sixty days. 90 days and six months. 6 6 per cent. Call money steady. High, low and rul ing rate, 7 per cent; closing bid offered at 7 per cent: last loan. 7 per cent; bank Acceptances. 5 per cent. Bar silver, domestic. 99; foreign 86. Mexican dollars, o. LONDON. Jan. 25. Bar silver, 39 d rer ounce. Money 5 per cent. Dis count rates, short hills, 6-86 per cent; three months bills, 6 per cent. Foreign Exchange. Foreign exchange rates at close of busi ness yesterday, furnished by Northwestern National bank of Portland. The amount quoted is the equivalent in United States dollars: Countrv. Foreign unit. Rate. Austria, kronen $.0035 Belgium, francs Ottig Bulgaria, leva 0143 Czecho-Slovakia, kronen 0148 Denmark, kroner 2053 England, pound sterling 3.8350 Finland, flnmark 0380 France, f runes .0708 Germanv. marks 0185 New York. North Head. Phoenix ... Pocatello Portland ... Koseburr Sacramento St. LouIb... Salt Lake. .. San Diego.. S. Francisco Seattle I Sitkat Spokane ... Tacoma Tatoosh l6d Valdezt Walla Walla Washington Winnipeg . Yakima 41 20 0.0O32 'NW'Clear 40 46 0.06 22 E 84-' 74 0.00'.. -IE 24 Sit'o.nn:. .'H 440.02:i6iPE 62 0.00I.JSE 50 0.00'. .!SE 32 0.20'14- E 44;O.OOI. .ISE P4 0.0OI. .w 52 0.00121SE 4S 0.08'. .IS 1 30 4OO.OU... .. f 261 34'0'.Ort'. -IE S4( 46-0.02!. .IN 40! 44 O.30'44 E 8 1S 0.00'. .NE 22' 28 0.00'. .S IS1 26 O.OOI. . IN 12 140.0O'16,SE 33 .18! SS! 2S1 4SJ 24-! 34 0.021, Rain Cloudy Cloudy Cloudy Pt cloudy Cloudy Ha in Cloudy Cloudy Cloudy Kain Pt. cloudy Cloudv Cloudy Kain !Pt. cloudy Cloudy IClear Pt. cloudy CHICAGO, Jan. 25. Foreign elHng, which apparently resulted from non-action of the supreme council touching a loan to Austria, had a bearish effect today on wheat. Prices cloBed unsettled, 34c to 4c net lower, with March $1.67 to $1.67 and May $1.57 to $1.57. Corn lost c to IHc; oats c to c and provisions 15c to 45c - Failure of tne allies to give favorable consideration to proposed monetary aid for Austria became public about the same time as gossip that as a buyer the Brit ish royal commission would be out of the wheat market until March 4. Other de pressing circumstances Included absence of any Indication that hedges-were beln removed here to fill French export orders that were said to have been placed. Bears put stress, too. on assertions that Ger man 'needs for grain could not be financed 'luring present conditions of exchange. The market tended almost constantly dew grade. Sympathy with wheat carried corn an oats down to nearly the lowest price level this season. A sharp falling off in th amount of receipts, however, operated somewnat as a check. Provisions sagged with grain. The Chicago market letter received yes terday by the Overbeck & Cooke company of Portland said: "Wheat Outside buying power was en tirely lacking today and scattered sales of small volume were sufficient to bring about a decline of about 5c a bushel. News items were mixed, including rumblings of exporters offering to resell, together with a report that the British would not be in the market for wheat of any kind until March 1. on the side of those advocating lower prices, while as an offset there was evidence in various markets of an im provement In the domestic milling de mand. Minneapolis quoted cash premiums lc higher and reported an Improved flour demand, with mills resuming operations after a long period of idleness. Cash han dlers generally reported difficulty in buy ing cash wheat in the -country, not only in this territory but also in the south west. It is apparent that the course of prices for the immediate future will be dominated by developments in export cir cles and unless there is a marked im provement in demand from that quarter lower prices are probable. "Corn Scattered hedging sales satisfied the early demand and the market later eased off. Receipts of only 350 cars today confirmed the belief that yesterday's ar rivals repr9sented a clean-up by the rail roads. Cash prices were lower with fu tures, though the spot trading basis was slightly better. Weather conditions are unfavorable for the movement. Cash de mand is good, prices relatively low, and the market In excellent condition to re spond to anything constructive. "Oats- Trade was small and fluctua tions governed by other grains. Cash prices were about half a cent lower and the spot trading basis about the same as yesterday. The opinion is being freely ventured that the March statement of farmers' reserves will show a " surprising disappearance of oats in the country. "ProvisionsVolume of trade was small -and the weakness in grain more than off set the strong tone of the market."' Leading futures ranged vaa follows: WHEAT. Open. Htirh. Tott. Close. March.. $1.70 $1.70 $1.07 $l.fi7 May 1.C0 1.60" 1.56& 1.57 . CORN. May .fifl .7 .fiH July 69T4 .70 .63T .69& OATS. May..... .44 H .44 .43 .43 July.... - .44 .44 .43 .43 MESS PORK. Jan 23.50 23.50 23 05 23.05 May 23.60 23.60 3.20 23.20 LARD. .Tan 53.00 13.00 1200 12 05 May 13.77 13.77 13.62 13.62 SHORT RIBS. Cornell Wood Board Prices Again Reduced Saving the Builder $8 Per Thousand Square Feet Since December 10 The Cornell Wood Products Company of Chicago has just notified ten thousand lumber dealers throughout Amer ica of another reduction of $4 per thousand square feet in the price of Cornell Panels. This follows a like reduction of $4 made in December, making a total reduction of $8 per thousand square feet in 46 days. . This company has been quick to recognize the national need for a general reduction in the cost of building con struction as expressed by the building industry, and par ticularly by the resolution adopted by the National Build ing Materials Conference in Chicago, January 21 and 22. The substantial nature of these reductions places Cor nell Wood Board on a basis that enables home owners and builders to proceed with spring construction, with every assurance of a rock-bottom price. Cornell WoodProducts Co. General Offices, Chicago Waterpower Mills and Timberlands in Wisconsin B5X noo bushels: oats 1.863.000 bushels. No rye in store in public elevators. Winnipeg Grain Market. WINNIPEG, Jan. 25. Wheat May $1-82. Jan. May 11.80 12.50 ICloudy tA. 31. today. day. 'P. M. report of preceding FORECASTS. Portland and vicinity Rain: easterly winds. Oregon and Washington Rain west por tion; rain or snow east portion; strong easterly winds on the coast. Extra! Orpheum show tonightirAov Kxtba! Orpheum show tonie:ht!-Adv. City of 12.50 12.55 12.50 Cash nrices were: Wheat No. 1 red, 11.91; No. 1 hard, 1.75Vi. Corn No. 3 mixed, 62 No. 2 yellow, 08c. Oats No. 2 white, 4242; No. 3 white. 4041'4. Rye No. 2. J 1.64. Barley, 65 75c. Timothy .seed, $4.50(36.50. Clover seed, $15 22. Pork, nominal. -Lard, $12.95. Ribs, $U.5012.50. Minneapolis Grain Market. MINNEAPOLIS. Jan. 25. Cash wheat No. 1 dark or fancy. $1,707), 1. 74 ; No 2, $1.70: No. 3, $1.55T1.56T4; No. 1 red spring. $1.64 (gi 1.67: No. 2. $1.59 1.64: No 3. $1.54 sr !. ; no. 2 northern. 11.62 1.67 : No. 3. $1.54 1 61; No. 1 dark hard Montana. $1.76: No. 1 hard Montana, $1.71 1.73 : No. 1 durum, $1.621.64; No. 2, $1. Oil 1.61. Corn. No. 3 yeliow, 52&53c; No. 4, 50'( 51c; No. 5. 484fc; No. 3 mixed, 51(952: No. 5, 474Sc. Oats, No. 2 white, 3S 3!)c; No. 3, 383Bc; No. 4. 35 37c. Barley, choice to fancy, 61C6c; medium to good, 53,60c: lower grades, 47 52c; No. 2 rye. $1.55 1.56'-4. Flax, No. 1, $l.R5i4 1.86. March wheat, $1.55; May. $1.57. Grain In Chicago KleTators. CHICAGO, Jan. 25. Contract stocks ot wheat In public elevators In Chicago ag gregated 40!). 000 bushels last night; corn Municipal Bond MATURING 1921 TO 1931 TO YIELD CI K0 INCOME TAX TO PAY Call, phone or write) for details. 2 Clark, Kendall & Co., Inc. 5th and Stark Sts., Portland. Or. PORTLAND 6 Bonds Price on Application. I a Broadway and Oak 1 City of 1 Portland . 10-year 6 Bonds Price on application. I m .round Fioo Camp t HUmnaml builoim B H Fifth and s)tabk VOe R 3 B-WM B740 H Pacific Gas and Electric Company 20-Year 7 Gold Bonds In $500 and $1000 Denominations One of the largept and most successful electric light and power and gas corporations at a price to yield about 7.107c Circular upon request for OR366 The National City Company Offices in more than 60 cities Portland. Icon Bide Telephone Main 6073 Grain at San Francisco. SAN FRANCISCO. Jan. 25. Grain Milling wheat, $2.903.15; feed wheat, $2.753.05; red oats, reea, i.ou(ui.ou barley, spot, feed, $1.37 1.45; shipping barley. tl.551.70; white Egyptian corn, 9o2.85; red mllo, ji.sob -2.ij. Hay Fancy wheat. $2021; tame oat. 17&19; wild oat. $10fa15; barley, $12itf ,; alfalfa, $17ai20; stock, iiu'l-i. Seattle Fred and Hay. ( SEATTLE, Jan. 25. City delivery: Feed Scratch feed $59 ton; baby scratch feed 1; feed wheat $64; al grain cnop $oi; oats $49; sprouting oats, .i4; rolled bar- ey $4S; clipped barley 3; mi.iea ieeu 3ft; bran $30. Ha" Alfalfa $27 ton: double compressed alfalfa $33; ditto timothy $39: -eastern Washington mixed $35; straw $20. Dried Fruit at New York. NEW TORK. Jan. 25. Evaporated ap ples, dull. Prunes, firm. Peaches, dull. Hops at New York. NEW TORK. Jan. 25. Hops; easy: state, 1020, 40-44c; Pacific coast, 1920, 30&'34c; 1919, 28 30c London Wool Market Firmer. 1 IONDON, Jan. 25. At the wool auction j sales today 9600 bales were offered. There was a good demand for all grades at a shade firmer prices. Punta Arenas wools offered were from a half penny to a penny dearer. Elks Plan Entertainment. ABERDEEN, Wash.. Jan. 25. (Spe cial.) An old-timers' meeting; will feature the session the Aberdeen lodge of Elks Thursday evenir.ff The meeting is expected to be one of the Kala sessions of the winter. XI. B. Lytle, F. H. McCready and W. W. Maxey are the committee on entertainment. Bridge Pays Clarke $110,828. VANCOUVER,- Wash., Jan, 25. (Special.) During 11120 Clarke county received as her share of the bridge tolls $110,828.22.- During 1919 the amount was $120,133.61. , Extra! Orpheum show tonlghti-Adv. Extra! Orpheum show tonlKhtNAdv. HERRIN & RHODES, INC. Exchange Bldff. . EsUblifhed 1806. Main 283. Seattle, Fort 1 tin d, Tacoma. Fust private duplex wire coast to coast. Stocks. Bonds, Grain, Cotton, oruiifi. Exchange AIX MARKETABLE PECrRITIES. Members Chicago Board of Trade. Correspondents E. b Hutton fc Co. Member New Tork Stock Exchange. New Tork Cotton Exchange, New Orleans Cotton Exchange, LIBERTY AND VICTORY BONDS. Headquarters for buying and aeiling all issues Lart or small lots. Making The Most Of Opportunity now presented in the shape of relatively low prices for seasoned stocks and bonds. Let ns show you how with a minimum of risk yon can purchase five times as much as for cash in fall. Write for onr free book let Thrift Savings-Investment, explaining; our par tial payment terms in de tail, which we will send together with The Invest ment News, riving in formation on a number of stocks that appear attract ive at prevailing; price levels. f . Address hep', re -38 CHRRLE5 RCLflRK5DN & if 66 BROADWAY NEWY0RK TE LE PHONES : EE CT0R 4663-4 Investment Suggestions PRICE YIELD Port of Astoria 6's Due July 1, 1925 Province of Ontario 6's. . .94.54 Due November 1, 1927 Province of British Colum bia 6's 96.34 Due October 25, 1923 Pacific Power & Light Co. First 5's 80.25 Due August 1, 1930 lO 7 rrnc. lO O.UUO Call at our office today for a personal conference, write or phone without obligation. BlYTHAVlTTEit &, CO. Ycon Bldg., PORTLAND SEATTLE - SAN FRANCISCO -LOS ANGELES - NEW YORK .J PAYMENTS On tcfi month Wya any Stock or frond. Purchaser roerv drvidands. Write tor selected, list book it -FREE. Guthtwe & MC Govern1 BROADWAY, w york crrr REPRESENTATIVE WANTED FOR OLD ESTABLISHED INVESTMENT HOUSE OF NATIONAL REPUTATION. Young man with selling experience and large acquaintance in Portland desired. Splendid opportunity for one who is ambi tious. Liberal salary will be paid. Write, giving past experience and references. Re plies confidential. Address Box AV 59, Oregonian. Federal Income Tax Exempt M unicipal Bonds Exceptional investment values are offered in the following list of improvement bonds: $4,800 Stockton, Cal., 6'$ improvement. Due 1922. $5,500 Blackfoot, Idaho, 7 paving. Due 1923-26. $4,000 Jerome, Idaho, 7 sidewalk. Due 1923-27. $18,000 Kimberly, Idaho, 7 paving;. Due 1921-30. $2,000 Nampa, Idaho, 1 sewer. Due 1931. $8,000 Toppenish, Wash., 7 paving. Due 1921-26. Prices to yield 7 - 712 KEELER BROTHERS Denver Portland Investment Securities. UNITED STATES NATIONAL BANK BUILDING Broadway 5600 I 4