TIIE MORXIXG OREGOXIAX, FRIDAY, FEBRUARY
11, 1021 " . 21
K
V
LARGE WOOL DEA
L
IS PENDING El
E
Block ofl ,500,000 to 2,000,
000 Pounds, May Be Sold.
NO INCREASE IN VALUES
Freer Movement Is All That Deal
ers Can Eipect at Present Time.
Low Prices Abroad.
Jonathan fancy, large, brought f:
20, mostly .50O: t0.
Northwestern applca aold to New York
Jobbers at the following range: Wlnesapa.
estra fancy, large. $4.2304.50. moatly
SI.2J; medium. JL.50fc3.T5; small.' 12.2.3
03. Romea. extra fancv, large. S3.50SM.
moatly $3.75; medium, moatly 33.25;
mall, t2.5O92.70; fancy, large, $3.25;
few $3.7.5; medium, !2.Ta&3; amall. $2.25
92.50; Newtowna. extra large, 1 3. 25 j? 3.50.
few $3.75; medium. $2.756 3; amall. $2.25
62.50. stayraans, extra fancy, large. $3.23
3.00; medium, $2.753; small, $2,256
2 50. Delicious, extra fancy, large, $5,250
5.50; medium. $4.50Q5.00: amall. $3.50
S: fancy large. $4.5001.75; medium.
MS 4.25; small. $3 3. 25.
V
BCTTER MARKET IN GOOD SHAPE
No Orer-Supplj of Cubes on the Street.
ErT Very Weak.
The 2 -cent advance In print butter was
not feneral yesterday, but la expected to
be followed by all the creameries today.
The market la In rood shape without any
over-supply of cubes.
Eggs were bought on the street at from
24 to 25 cents with a few purchases at 26
cents case count. Country bida ranged
from 23 to 2d cents. Jobbers reported a
jjood Increase in local consumption.
Poultry was In demand and hens, both
large and small, were firm. Dressed pork
was weaker at la cents. Veai was steady
and unchanged.
Bank Clearings,
Bank clearings of the northwestern
cities yesterday were as follows:
Clearings. Balances.
Portland $3,HS:i,647 $ 908.184
Seattle 3.851.436 1.069,169
Tacoina ... 4!7.m7 :i,I87
Spokane..' 1.663.Z32 750,344
PORTLAND MARKET Qf OTATIONS
Graiav Floor. Feed, Etc
Merchants Exchange, noori cession:
Thre are no Iffns of improvement In
wool prices, but there are more Indica
tions of a freer movement, and this Is
about all that can be expected at the
present time. Whatever can be done to
cut down the surplus will help the mar
ket to Juttt that extent.
It is understood that negotiations sre
pending- tor ice sale of a block of from
1.500.000 to 2.000.000 pounds of wool
stored in this city. The prices are said
to-be those now current in the market,
but beyond this details of the transac
tion have not been given out.
Wool men are of the opinion that grow
ers should aid the movement as far as
they can in spite of the unsatisfactory
prices, because with a new clip soon to
come on the only salvation of the market
will be a reduction of the huge over-sup
ply that has accumulated. Of last year's
dome tic clip of some 275,000.000 pounds.
about 80 per cent is still unsold and with
la 90 days there will be another clip of
equal size. With fine Australian wools
coming into this country on the clean
landed basis of 55 to 68 cents, there does
not seem much chance for prices to im
prove soon.
A better feeling prevails In the wool
market in the east, according to trade
ad vires, but dealers there can see no foun
dation on which an advancing price trend
may be built. There has so far been lit-
f lmnninn maris, nn th .Treat utoclCB I Wheat. IX. 20: graham, l$.0.
u th. mA n,ni I M1L.LFEED Prices f. o. b. roiH. Mill
. ,. . . . ' i.,!!.. run, $35 per ton; rolled oarley, $41 43
" rolled oats, $42; scratch feei, $58 per ton,
Wheat Feb. March.
Hard white $ l.W - $ l.0
Soft unite Lo 1.38
White ciub 1.37 1.57
Hard winter 1.4 147
Northern spring 1.50 1.50
Bed Walla 1.45 1.45
Oats
No. 2 white feed 83.30 84.00
No. 2 gray 3 J. 00
Barle
Brewing 30.00 30.00
Standard feed 2.0i 29.00
Millrun 31.00 31.00
corn
No. 3 E. T shipment 30.00 80.50
No. I Y delivery 31.00 31.00
FLOUR Family patents, ;S0; bakers'
hard wheat. $9501 bakers' t.uestem pat
ents. $9; valley patents, $7.1K; whole
Increase. Some authorities have called
the stock of wool now in this country,
plus what will be clipped here this year,
as over a two years' supply. Says the
New York Journal of Commerce:
"From overseas markets this week have
come reports of an Increase in American
interests. This country Is said to' have
been the leading buyer at the sales
Melbourne. Orders are again flowing into
the River Plate district from this market.
Scotch wools have been bought and are
now coming in. Cable reports tell of cer
tain Bradford combers who are running
overtime to fill orders from the United
States for tops for nearby shipment.
"In some quarters of the market this
business In foreign centers is interpreted
as being a rush to get materials here
shead of any possible tariff, while others
argue that it is merely the result of low
prices abroad, which offer an attractive
chance to purchase, while domestic grow
ers are still holding back their last sea
son's clip for figures in most cases above
the market.
aonw of the domestic growers are.
however, showing themselves more dis
posed to sell at the present time than at
any time since their wool was shorn.
Some of the Texas growth of 1920 is
ported to be available at 23 to 30 cents
In the grease. In Ohio some of the offer
ings are near the market. It Is said to
CORN Whole. $oU; cracited. $42 per
toe.
HAT Buying prices, t o. b. Portland
Alfalfa. $19 per ton; cheat, 12223 per
ton: clover, $18: valley tiraitny. -i6
eastern Oregon timothy, $30.
to
Dairy and Country Produce.
BUTTER Cube extras. 39 40c pound
prims, parchment wrapped, in box lots.
47c: cartons. 48c. Butterfa buying price,
42c; A grade, 4-50; B grade, 43c. Portland
delivery.
EGGS Busing prices. ue count. 23 J
25c delivered: jobbing price to retailers,
cand.ed ranch. 32c: selects, 34c.
CHEESE Tillamook triplets price
Jobbers f. o. b. Tillamook. 33c; Youn
Americas. 34c lb,
POUTRT Hene, 24 23c; ducks, 409
4.--C geese, nominal; turkeys, live, nom
inat: do: dressed, nominal.
PORK Fancy, 15c per pound ,
EAL rancy, lttc per pouuo.
Fruits and Vegetables.
FRUITS Navel oranges, $3'35: lemons.
$4.254.75; grapefruit, $38.75 per box
bananas. 12 U 13 per pound; grapes,
$4.50 lue: apples. $1.10&3.25 per box.
VEGETABLES CabhaKe. 124C per
pound; lettuce, $3.50&3.,3 per crate; car'
rots, $1.50 per sack; garlic, 2025c pound
beets. $1.75 per sack; cauliflower, $2&3.i
per crate: celery, $4.505 per crate; green
peppers, 23040c per pound; sprouts, 2c
pound; rhubarb, 20c pound; spinach, ll.t
u2.2a per box; turnips. $22. oM per sack
b nojMfblft to hnv tinm rioiain tv.r 40 nt. peas, 20c pound; tomatoes. $6.50 per lug.
net to th farmer If th. I. Ih. it POTATOES Oregon. $135 1.50 per 100
. w.-.,r. ur- nr noUnj. S4 oer hamtwr.
ance. interest, etc., that make the wool a I ONIONS Oregon, fl.3Afrl.60 per sack
bit Higher than the market on the east- I California brown, $1.3001.75 per sack.
era seaboard.
' -' 1mported wools, which are bought In
sterling, are trending higher as a result
of the advance In exchange. Similar
wool on the spot Is also held fractionally
higher than it was two weeks ago. Ar
gentine wools itf offering at about the
aame landed costs, which are in the
neighborhood of IS to 20 'cents for high
. quarters and 12 cents on Lincoln.'
H BEAT IS FIRM AND HIGHER
Club and Hard White Bids Raised Two
Cents.
wneat was firm and higher u a result
of the strength east Offerings In the In
terior were reported to be .arte some of
trcm at the previous day's prices, but
buyers were slow to take bold. At the
Merchants Exchange hard ahiie and club
b'ds were advanced 2 cents. Other grades
rsngea from unchanged to 4 cinta higher.
Offers for gray oats were ra'ted 50 cent
ano other coarse grains were enchsnged.
The Merchants' Exchange association an
nounced that, effective February 10. the
differential ht wn .. , .u
irouirf a eet. t-.s , . WOOL Ixcal market based on eastern
.
Btaple Groceries.
' T ni-.l InKMr r nuntutlnn.-
SUGAR (sack basis) Cane granulated, 8c
per pound; beet, 7.VOC perpound.
NUTS walnuts. 134i27c; Brazil nuts.
34c; filberts. 15C?lsc; almonds, 2830c
peanuts, wot 1 2c per pound; cocoanuts, $:
per doxen; pecans, 23c; chestnuts, 30c per
pound.
HONEY Comb, $7.7588.25 per case.
RICK Blue Hon, c per pound: Ja
pan style. 7ic per pound.
BEANS Small white, fic: large white.
Be; pint, thc; lima, luc; bayou, 12ftc
red, .H.C per pound.
COFFEE Roasted, bulk, drums. 1436o
per pound.
salt tiranuiatea. bale. s3.so?4.25: half
ground ton. aus, l.i5; lous, $18.25; lump
rock, jiu.io.
i
Provisions,
HAMS All sizes. 30 & 33c: skinned. 26a
4-c; picnics, zic. '
BACO.V Fancy. 40049c; choice. - 30 a
34c; standard, 2tl28c.
LARD Pure, tierces, 19e pound: com
pound, tierces, 33c
DRY SALT Backs, 21924c; plates, 18c
Wool. Hops, Etc
heretofore, ut resacks 10
12 cents. Bad order sacks remain at 4 cents.
Tne coarse grain differential Is $2.5
ton. These changes are due to the de-
Ciin. In has prices.
Terminal receipts. In ears. w,re reported
uj tne Aiercnants- Exchanr, a, follows
- Wheat.Barley.F;our.Oats.HaT.
Port nia-
inursoay 2 ... 8 ... 10
Season to date. . .11.141 IM 544 3s no
.. 5.907 169 2797 4O0 1274
G.Btern Or..
ceni. instaa of i t0n No. 1 staple. 806 85c; eastern Oregon
clothing, 60 & 65c; Valley, No. 1, 85c per
pound.
HIDES AND PELTS Nominal.
TALLOW No. 1. 5c; No. 2, 4c pound
CASCARA BARK 1920 peel. 8o pound.
HOPS 19J0 crop, choice, 20c pound.
HOHAIR Nominal.
10
8.324
4,940
lesr ago
Tacoma
"Wednesday ....
Year aso ....
Season to date .
Year aeo ....
Seattle
"Wednesday ....
Year aeo .
Season to date. .
Year ago ....
Astoria
To date 817
Year ago S.3
2 ...
... 10 1
47 655 93
8 19i3 145
8H6
6 it
3.581 1S1
4.411 227
260 311 10S5
457 1021
Oils.
LINSEED OIL Raw, In barrels, 99c
5-gallon cans, $1.14. Boiled, in barrels;
$1.01; 5-sail on cans, $1.16. ,
TURPENTINE In tanks. $1.24: cases.
tl.39.
coal, oil, Tank wagons and Iron
barrels. 17Hc: cases, 306 37c.
FUEL OIL Bulk, $2.35 per barrel.
GASOLINE Tank wagons and iron
barrels, 2Uc; cases. 41 He.
38
23
6
Coffee Futures Steady.
NEW YORK. Feb. 10. The chief feature
in the market for coffee futures today
was continued near-month liquidation,
mostly in the way of switching to later
deliveries. March was exchanged for May
at 46 to 48 points, for July at 87 points
nd for September at lj points, while
May was exchanged for July at 40 points.
The general market opened at an advance
of 3 to 6 points and closed steady at a
net advance of 4 to 6 points. Closing
bids: March 6.26; May 6.72; July 7.13:
September 7.51; October 7.63; December
7.86. Spot . coffee, quiet; Rio 7s, 6 9
6M; Santos 4s. 9,10V
Eastern Dairy Produce.
At London Virginia York Imperials, all I creamery higher than extras. 43i44c:
creamery extras, 4Jc; creamery firsts.
39 42c
Eggs Unsettled; fresh gathered extra
firsts, 40c; fresh gathered firsts, 37 14 & 39c.
Cheese Irregular, unchanged.
WESTERN FRUIT IN BRITISH ACCTION
nasnington Apples) Sell at
London. Liverpool and Manchester.
Selling prfces of apples on British np.
kets for the week ending February 7, ac-
coraing to t. A. Foley. American azrirul
tural trade commissioner at London, were
as follows, conversions being made accord
ing to the rate of exchange prevailing on
Fibruary 5, when a shilling was worth
H Kj ceats:
grsucs, ora H.J191.01; Ben Davis, all
grao.es, .j--o..i; New York Rhode Is
land or-eenings. all grades. $8.628.81;
an K-raues, a.fiQ7.H7 per barrel.
uregon-vtasnmgton Wlnesaps. extra fancy,
rangeu f-nni.o; tancy, $2.493.07; C
graae. 11 ej.si : Newtowns. all grades.
lancy, oa;; rancy, $2.493.07; C
graae. si.iio : Newtons, all grades.
i.gi,i.gi; vainornia, Newtowna, sji
graaes, j to3-b per box.
At Liverpool Baldwins, all grades,
rangea ,4.4107.0a; .Ben Davis No. Is
orougnt xj.75es.43; Virginia York Im
perials, all grades. $1.9205.37: New York
Rhode Island Greenings, all grades. S3 83
9.01 per barrel, Oregon Newtowna. extra
tancy. ranged $3.2693.83; Ben Davis, fan
cy. us.-.i; California Newtowna. all
grades. $3.0763.16 per box.
At Manchester New York Baldwins, all
grades brought $6 98 8.81; Maine Bald
wins, all grades. $6.71 7.67; Ben Davis,
all grades. $3.127.21; Rhode Island
Greenings, all grades, $3.8467.67; Wash
ington York Imperials, all grades, ranged
$i 30 04.79; California Newtona brought
$3.12 33.45 per box.
OREGON APPLES AT NEW TORE
Large Sale of Nestowm and Jonathans
- at Steady Prices.
At the New 7ork apple auction. 2290
boxes of Oregon Newtowna were sold at $3
3.25 for large, extra fancy, 82.30&2.6S
fur medium and $2.10S2.iti e assail.
CHICAGO. Feb. 10. Butter Higher:
creamery extras. 43c: standards, 42c
Eggs Higher; receipts, 15.425 cases:
firsts. 33tt 34c; ordinary -firsts. 3031c;
at mark, cases Included 32 33c
New York Sngar Market.
NEW YORK, Feb. 10.-Raw sugar. 5.02e
for centrifugal; 6.85c for fine granulated.
Cotton Market.
NEW YORK. Feb. 10. Cotton Soot.
quW; middling. 13 8.1c.
Bones' Department
We have only a limited
amount of these bonds.
Greater Vancouver
Sewer Dist. 5 Bonds
These bonds, which mature in March. 1923, are general
obligations of the cities of Vancouver. B. C, South Van
couver, Burnaby and Point Grey. As against a $3,000,000
bonded debt this district has an assessed valuation of over
$221,231,000. In addition the issue is further secured by
debentures guaranteed by the Province of British Columbia.
Price 94.56 to yield 8
Due
6 Burnaby, BC. 1924
6 British Columbia, guar... 1922
' Price Yield
93.27 8
98.11 8
m
Phone, wire or give order immediately,
LUM5EKMENS
TKUST C0MPAHY
Broadway and Oak
FARMERS SLOW SELLERS
FREE MOVEMENT OP GRAIN
OCT OP QUESTION.
Sharp Advance In Prices In Chi'
cago Market Large Export
Sales of Flour Made.
CHICAGO, Feb. 10. Difficulties of get
ting wheat from producers had much ts
do today with bringing about a sharp ad
vance in prices. The market closed atronf
314 to 5 He net higher, with March $1.6714
to $1.07 4 and May $1.334 to $1.J6. Corn
gained to Ute and oata H to c Pro
visions were unchanged to 10c lower.
WhMi hull, made many converts to an
assumption that from now on the chief
factor in establishing values would be do
mestic instead of export conditions. It
was pointed out that besides the evident
unwillingness which grower displayed to
ward selling af current prices, country
roads were in such bad shape that a free
movement of grain was out of the question.
Moreover, the green bug pest was noted
today In Missouri and Oklahoma as well
as in Texas. Announcement of large ex
port aales- of flour with a prospect of more
added somewhat to the strength of the
market.
Corn and oats reflected the wheat bulge
and were also influenced by export busi
ness in corn and by predictions of con
tinued unseasonable weather.
Provisions were Inclined to weakness
owing to sympathy with down turns, which
at times took place in toe cog market.
The Chicago market letter received yes
terday by the Overbeck A Cooke Co. of
Portland said:
Wheat Started slightly lower, but soon
develooed strength on buying stimulated
by reports of smaller receipts in all posi
tions, wnicn xound reriecnou in bliuu
r..h marlota The seaboard reported 100,-
OOii barrels of flour worked for export with
additional business likely to be consum-
ated. It was also reported tnat tne gun
was bidding 2 cents higher to the country.
uaiM from the southwest claiming se
rious green bug visitations did not have
much influence, as it Is far too early in
the season to become alarmed over such
nnfhntrlfa. , Foreign news was lacking
rndii hut the fact remains that Argentine,
Australia and inaia are unutrwmin "
and until the disparity Is adjusted there
can be little hopes entertainea oi ioreiu
in our market. In fact, foreign
selling of our futures from time to time
-,,i h. nn .iirnrl.ie. - Reports as to
country offeringa were conflicting, but it
was Intimated that farmers southwest are
again showing a tendency to loosen up,
attracted no doubt by the Improvement In
. k - m.rir.i rtm anv further advance, we
are Inclined to anticipate Increased pres
sure and a fair slxed setback.
Corn The contributing niiuen n
day's strength to this marsei was in.
same as In wheat, namely light receipts
snd an apparent Indisposition to sell on
the part of the country holder. On the
other hand, the opinion was venturea ny
eading cash handlers tnat any mnmi
advance In price accompanied by an im
provement In-the condition of roads, would
start an avalanche of coraln this direc-
-i. u.M rnmDsratively firm In itace
of being compelled to digest a considerable
volume of profit taking sales by holders,
.v.. v. .dir.) was Indeoendently strong
and sold on a higher basis than yesterday.
Shipping demand was fair an receipts
light. . , ... :
Provisions w uncus vw'
Liberal hog movement at an points
caused the weak opening. At the decline
shorts gave some support and caused the
reaction. Cash trade was. reported quiet.
Leading futures ranged as iu".
WHEAT.
Hiah. Low. Close.
1.W ti.em $1.B7
1.36 1.51 Vj I-"
.RSH .66 .6714
.611 '4 .68 .
OATS.
.44 .43 .44
.45 -44 .44
MESS PORK.
21.00 21.00 . 20.87 21.00
LARD.
12 15 12.25 12.15 12.22
li45 12.55 12.40 12.55
RIBS
11 30 11.80 11.17 11.27
fash nrices were as follows:
Wheat No. 2 hard $1.7714. No. 1 mixed
SI 7R. . '
Corn NO. S mixes. DllBOilic, no. o
Oats No. z wnite dvpac, ino. o
White 4242c.
Rye No. 2 $1.52 tj 1.33.
Barley 55 9 73c.
Timothy seed $4.505.75.
Clover seed $13 18.
Pork Nominal.
Lard $11.57.
Ribs $10.7511.75. " ,
Minneapolis Grain Market.
MINNEAPOLIS. Feb. 10. Cash wheat
closed: No. 1 northern. Sl.BSei.T4; No. 2,
6061.71: No. 3. $1.504jl.64: No. 1 dark
northern. 1.73M.T: No. 2. $l.St?l 74;
No. S. tl.58 01.TO; No. 1 red spring. tl 6
A1.T1; No. 2 dark, $1.6291-66. No. 8.
$155&1.61; No. 1 dark hard Montana.
$l.TH81.Sl. No. 1 durum, $1.53 1.604 ;
No. 2. $1.534 H. 58. Corn. No 3 yellow.
white. 89 40c; No. 3.' 88 1 38S4 c. Barley, I
choice to lancy, 60 & 65c. Flax. $l.So
4f 1.S8.
Futures Wheat. Maroh, tl.56; May,
$1.52-14. ,
Winnipeg Grain Market.
WINNIPEG, Feb. 10. Cash wheat closed
No. 1 northern, $1.94; No. 2, $1.314;
No. 4, $1.ST. o. .5, $l.o0; No. 6, $1.4B'4.
Oats. No. 2 white. 4!)c; No. 3. 45c; 1
feed. 4514c: No. 2 rye. $1.66.
Futures Wheat, May, $1.82; July,
$1.72.
Grain at San Francisco.
BAN FRANCISCO. Feb. 10. Grain
Wheat, feed, $2.703; do, milling, $30
3.10; barley, shipping, $1.40 1.60; do.
feed, $1,204? 1.30; oats, red feed, $1.40
1.50; corn, white Egyptian, $2.80(82.85;
red milo, $202.10: rye. nominal.
Hay Wheat, $201921; tame oat, $170
19; wiid oats, $12013. barley, $12i15;
alfalfa, $1720; stock. $10814.
Seattle Grain Market.
SEATTLE. Wash., Feb. 10. Wheat
Hard and soft white; $1.60; white club,
$1.07; hard red winter, soft red winter.
$1.52; northern spring and eastern red
Walla, $1.50; Big Bend bluestem, $1.65.
City delivery: Feed Scratch feed. $57
ton; baby scratch feed. $71; feed wheat,
$02; all grain chop, $47; oats. $46; rolled
oats, $48; sprouting oats, $51; rolled bar
ley, $47; clipped barley, $52; millfeed,
$39; bran, $37; whole corn. $40; cracked
corn. $42.
Hay Alfalfa, $27 ton; double com
Dressed alfalfa. $33; do timothy, $38;
eastern Washington mixed, $34; straw, $20;
Puget sound, $31.
Metal Market. .
NEW YORK. Feb. 10. Copper Steady:
electrolytic spot and first quarter, 130
13c; second quarter, 13&13c.
Iron Unsettled; No. 1 northern, $31.00
032.00: No., 2 northern, $29.00030.00;
No. 2 souttiern, $27.5028.00.
Tin Firm; .spot and nearby, 32.750
33.30c; futures, 34.OOi034.5Oc.
Antimony Spot, 5.2505.50c.
Lead Dull; 4.75c
Zinc Steady; East St. Louis delivery,
5.00C
Dried Fruits at New York.
NEW YORK, Feb: 10. Evaporated ap
ples steady. Prunes Inactive. Peaches
dull.
Dulnth Linseed Market.
DTJLUTH, Feb. 10. Linseed, on track
and to arrive. $i.S4.
SAN FRANCISCO PRODUCE MARKET
Prices Current on Vegetables, Fresh Fruits,
Etc-at Bay City.
SAN FRANCISCO. Feb. 10. Buttei
Extras, 45c; prime firsts. 4oc.
Eggs Fresh extras,. 32c; extra firsts,
31c; extra pullets, undersized
pullt-ts, 2i c.
Cheese t-iats, fancy, 26c; Young
Americas, 32c
Vegetables Eggplant, southern, 50
12c; cream squash, 60075c; potatoes,
street prices, rivers. No. 1, $1.7502.25;
Salinas, $2.85 0 3: sweets, $5.50 0 5.75;
onions. Australian brown, $75c0$l ; green.
$101.50; tomatoes, southern, $1.5003;
cucumbers, notnouse, S'.ouqr dosen;
celery, $1.5003.25; garlic, 7010c; cauli
flower, 75085c dozen; cabbage, lc pound;
bell peppers, southern. lO017c; turnips.
75c0$l; beets. $1.500 2: parsnips. $1.73
Mar..
May.
May.
uly.
May..
uly. .
May..
May.
uly.
May..
Open.
$1.61
1.61
.66
.68
.43
.44
HERRIN & RHODES, INC.
Railway Exchange Btdg. Main 283.
Established 1898.
Seattle, Portland, Tacoma, -
Past private duplex wire coast to
coast. Stocks. Bonds. Grain. Cotton,
Foreign Sxchange.
ALL MARKETABLE BKCUKITIEa.
Members Chicago Board of Trade.
Correspondents E. P. Hutton A- Co.
Mem ben
New York Stock Exchange.
Mew Tork cotton Exchange.
New Orleans Cotton Exchange.
LIBERTY AND VICTORY BONDS.
Headquarters for buying and selling
ail Issues. Large or email lota.
UNITED STATES SHIPPING
BOARD- EMERGENCY FLEET
CORPORATION. WASHINGTON,
D. C '
Offers For Sale by Sealed Bids
Approximately
110,000 Tons
Surplus Ship Steel
Hog Island, Penitfylvani.
Sealed bids will b a received for
the above material in the offices of
the United States Shipping- Board
Emergency Fleet Corporation. 1319
F street. N". W.. Washington-, D. C,
on or before 11 A. M., March
1921. at which time bids will be
opened by the chairman. Each bid
must be accompanied by a certi
fied check in the amount of 10 per
cent of the bid. Further informa
tion and proposal forms will be
furnished on request by - the
Emergency Fleet Corporation sup
ply and sales division office, 6th
and B streets, Washington, D. C,
140 North Broad street, Philadel
phia, Pa., and 45 Broadway, New
Tork city. The board reserves the
right to reject any or all bids:
Bids shouldrbe addressed to the
Secretary of the United States
Shipping Board. Washington, D. C,
and indorsed "Sealed bids for sur
plus ship steel. Hog Island. Pa,,
and do not open."
m
wnerswho
exercise
their privilege
of consulting com
petent manage- '
ment executives
are protected
against the losses
of hapharard
operation of their '
properties.
Strong 6 MacNaughton
CORBETT BUILDING
PORTLAND OREGON
$40,000,000
Copper Export Association, Inc.
One, Two, Three and Four-Year
8 Per Cent Secured Gold Notes
Secured by 400,000,000 pounds of refined copper and the sums required
for payment of principal and interest will be
Guaranteed by Copper Producing Companies as Set Forth Below.
To Be Dated Feb. 15, 1921 Interest Payable Feb. 15 and Aug. 15
Maturing $6,000,000 Feb. 15, 1922. $10,000,000 Feb. 13, 1923. $12,000,000 Feb. 15, 1924. $12,000,000 Feb. 13, 1925
Coupon notes in denomination of $1000 registerable as t o principal only. Redeemable as a whole or in part on any
interest date prior to maturity on thirty days' published notice at par plus a premium of 1 per cent lor
each year or portion of year between the date of redemption and respective maturity dates.
GUARANTY TRUST CO. OF NEW TORK, Trustee
SECURITY This issue will be secured by 400,000,000 pounds of refined copper '(at
10 cents per pound), which have been purchased by the Copper Export Association,
Inc., for resale in foreign markets, from the following copper companies: j
Anaconda Copper Mining Co.
Phelps-Dodge Corporation
Calumet & Hecla Mining Co.
United Verde Copper Co.
Chile Exploration Co.
American Smelting & Refining Co.
Inspiration Consolidated Copper Co.
Greene Cananea Copper Co.
Braden Copper Mines Co.
Utah Copper Co.
Ray Consolidated Copper Co.
Chino Copper Co.
Nevada Consolidated Copper Co.
New Cornelia Copper Co.
North Butte Mining Co.
Utah Consolidated Mining Co.
Kennecott Copper Corporation
Payment to the trustee for the benefit of noteholders of sums required for payment of
principal and interest of these notes will be guaranteed by these companies, in their
several proportions, under a contract between such companies and the Copper Export
Association, Inc., and the trustee.
We offer the above notes for subscription when, as and if issued and received by us
subject to allotment and approval of counsel at:
Maturing
One Year. .
Two Years.
Appro.
Price Yield
.100 and Interest 8.00
. 993 and Interest 8.15
Approx.
Maturing Price Yield
Three Years.. 99 y4 and interest 8.30
Four Years... 99 and Interest 8.30
Guaranty Company o New York , The National City Company
Continental & Commercial Trust & Savings Bank, Chicago
First Trust & Savings Bank, Chicago Illinois Trust & Savings Bank, Chicago
Halsey, Stuart & Co.
Lee Iligginson & Co.
Dillon, Bead & Co.
The Union Trust Co. of Pittsburg' Mellon National Bank, Pittsburg
The above Information is based upon official statements and statistics upon which we
have relied in the purchase of these notes. We do not guarantee but believe It to be correct,
f
Kidder, Peabody & Co.
2: carrots, $1 per sack; peas, 1415c;
rhubarb, $2.50ig3.25; lettuce, $1.752.?5;
artichokes, 60c fe 1.5 dozen; spinach, J 2
2.50 crate.
Poultry Hena, 85037c; strictly young
roosters, 3T40c; old, 2225c; fryers, nom
inal, broilers nominal; ducks, 3035c;
stjuabs. 75fSOc; Belgian hares, live, 203
2c; turkeys, dressed, 4250c; live, 43
4,'jc; (eese, 3230c; pigeons, old, (3000
3.60.
Fruit Oranges, navel. 2.004 25; lem
ons. J2 0C&3.S0; lemonettes. fl.50 2 00;
grape fruit, $2.003.00; limes, S1.001.50.
tarigerines, $2.50400: apples, Newtowns,
fl.2o&3.00; bananas, 89c
Receipts Flour, f40 qrs. ; wheat, 1800
centals; barley, 6251 centals; beans, 5U0
sacks; corn,' 1554 centals; potatoes, 1BU7 .
sacks; hay, BO tons; lemons and oranges.
1200 boxes; hides, B.1 roils .
Brattle Dairy Produce.
SEATTLE, Wash.. Feb. 10. Eggs Se
lect local ranch, white shells, 30332c; do
mixed colors. 32c; pullets, 28c
Butter City creamery in cubes, 47e;
bricks or prints, 4tc; country creamery,
extras, cost to jobbers, in cubes, 44c; stor
age, 35CJI40C.
Primary Receipts.
CHICAGO, Feb. 10. Primary receipts
Wheat. 6S1.000 bu&hels versus holiday.
Corn, 600,000 bushels. Oats, 335.000 bush
els. Shipments Wheat, 650,000 bushels.
Corn, 34H.0O0. Oats, 353.000.
KAXSAS CITY Receipts today Wheat
112 cars. Corn. 28 cars. Oats, IS cara.
Naval Stores. '
SAVANKAH. Ga.. Feb. 10. Turpentine
quiet, 924c; sales none. Receipts, llS bar-
reis; snipmenis, 42 utLrrcur, in,--
barre.a
Rosin quleti last sale November 12. Re
ceipts, 212 barrels; shipments, 1301 bar
rels; no saies; stock. 82,502 barrels.
Ex-Convict Held to Jury.
' ROSEBURG, Or., Feb. 10. (Spe
cial.) William Barrow, ex-convict
who Is charged with attempt to as
sault a 6-year-old child in this city
last evening, appeared before the lo
cal Justice of the peace today and on
waiving" preliminary examination was
bound over to the grand jury, his
bond being fixed at $5000, which he
was unable to furnish.
Read The C-eironlan classified adu.
FACTS NO. 611
GARDEN HOSE
AND PAVEMENT
After three years use of his
rubber hose, back and forth,
to sprinkle front and back
lawn, it was replaced by new
hose exactly, the same. But
it wore out In one season.
And he wondered why, until
he finally realized the old
hose had been dragged over
a resilient surface and the
new one over his newly built
cement driveway That's
one reason, name ly, the
great saving In tire wear,
why motorists prefer the
resilient, bituminous pave
, ment known as
WARREN ITE
BITULITHIC
Some of the most conservative investors of the Northwest have
. invested funds in our offering of:
CITY OF TWIN FALLS
IDAHO
GENERAL OBLIGATION
G?o BONDS
Optional 1930
Due 1940
which are secured by all the property of
one of the most rapidly-growing cities of
the west. We offer the unsold $15,000 at
PAR TO NET 6
Income Tax Exempt.
Call for Circular '
Phone Broadway 5800
KEELER BROTHERS
Portland
Investment Securities
PORTLAND
CHARACTER SECURITY
The security) back of the bonds you buy
should have an actual salable value ex
ceeding the total amount of the debt
The nature of the lien securing the & Sinking
Fund Gold Bonds of the Portland Flouring Mills
Company is a closed first mortgage.
The security is twofold: (1) fixed property, such
as mills, real estate or machinery, the sound and de
preciated value of which is $5,409,655.64, and
(2) net current assets or personal property, such as
money in the bank, wheat, flour and other assets in
which debtors could quickly realize, valued at more
than $3,000,000.
If the Portland Flouring Mills were to be sold
today for cash, holders of its First Mortgage 8
Bonds would realize every cent loaned. And this
is your assurance that these bonds are sound.
Decide now to investigate this investment oppor
tunity. Just call, write or phone today for full information.
Blyth, Witter. &. Co.
Ycon Bldg.. PORTLAND
SEATTLE - SAN FRANCISCO - LOS ANGELES - NEW YDWt
OUR BOND DEPARTMENT is
equipped to give the same reliable, effi
cient and courteous service in investment mat
ters, which characterizes the service of every
department of this bank.
Our offerings include the highest type of gov
ernment, municipal and corporation securities. ,
Ask us to quote )ou the market before selling Jour
Liberty
and
Victory
We receive New York market by wire every Basra lag.
Call or 'phone
.Bonds
m
Freeman, Smith & Camp Ca
NtTUSB
AN rmANCiaCO
aouHD nooa
Lumbermen Builoin
FIFTH AND STARK
AT 1740
4,
A