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