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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Feb. 17, 1921)
THE MORNING OREGONIAX, THURSDAY, FEBRUARY 17, .1921 21 OREGON WOOL CLIP 16,033,048 POUNDS Statistics Are Anounced Census Bureau. by tin, have declined 23 cents a gallon. Drum are bow quoted at 9 cenu aud five-gallon cans at .1.14 a gallon. Bank Clearing. SALES CAUSE SETBACK Bank clearing, of the northwestern cities pnoFIT TAKIXO CXSETTLES yesterday were xoliows. I WHEAT AT CLOSE. LESS THAN TEN YEARS AGO Trading in Local and State Markets Limited and Prices Are Lncbaucd. A total of 16.03ft.(tt8 pounds of wool produced in Oregon durmir th year 1V19. cordin? to census Matistlcs mad pubiic by the bureau of the census, depart ment at commerce. Th is a decrease, a: compared with the 18.fe4I.Mi- pounds pro duced tn Orcein during thai year liHW, th year of the preceding census. The sa e of a quantity of central Oregon wool to a Bo ion firm at current market rates, several purchasers of mutton shep -wool at low quotations and a few deals .made by Or son mills make up the volume f buhinis done Here in the pat week. There are do signs of the market toon regaining its old-time activity and, until there ia a general resumption of mill oper ations In the east, the market will not be on a healthy basis. It la probable that a considerable part of the wool held In storage here will be moved to eastern distributing centers. According to trade advices from Chi cago, there has been a larger volume of bumes transacted there than In the last c.ne or ten months. The Improvement is attributed to the fact that while mills are topping for values they ar4 coming Into the markvt quite liberally and anticipating tbeir requirements or else providing for immediate needs. Medium wools appear to be in greatest demand, and some of the weaker points in the s-ale of wool prices bav beca strengthened by the renewed demand. The wool pultoriea at the stockyards are cow operating about normal, and In re cent weeks have alo experienced a revival of buines. Starting about three weeks a to. several of the houses enjoyed the best business in about stx months, so that January showed the best record since June. The propects are that this demand will continue, according to one of the lead ing executives, who points out that not alone is U the prospect of a tariff that is stimulating buying, but also the fact that many buyers, including th American Woolen company, have not been acti ely In the market for a number of months. In the Philadelphia market the volume of business is still small, but wool dealers report that Inquiry is Increasing and em braces a wider range of wools than before , Buyers are visiting the market in larger i. umbers and are inspecting stocks of the gra es most likely to be in request for l.uj.nea? which the mills expect to fle veiop later on It appears, however, that there is little tendency shown by buyer? to anticipate their needs, and orders are being placed for -uch wools only as are necessary for current or nearby produc tion. One feature of recent trading Is that inquiry has to do principally with either fine wools or low-grades, the latter havinc heretofore been neglected for months. It appears as if the medium grades are attracting no attention at present, although as far aa prices are concerned, medium wools are proportion ately aa cheap as- the other grades. Clearings. Balances. T a it tan 14. 43.260 I Seattle 4,t.SSS X.tm.WW TitrnRii olU.U 7.4WtI EDokane 1,0-U.W'JO 56u,y3 PORTLAND MARKET QUOTATIONS Grain, Floor, Feed. Etc. Merchant ex c hang, noon session: -ria- Early Strength of Chicago 3Iarket Due to Green Bag Reports I'rom Texas. ' 1.53 1.53 1.45 1.45 1.40 Wheat Hard white Soft white hlte club Hard winter .... Nor. spring ..... Red Walla Oat, Xo. - white feed No. 2 gray Barley Brewing 31.00 Standard feed 30.110 MiCrun ol.oo No. 3 E. T. shipment... S.OO 32.50 2u. 3 i. delivery 4-i.oO Feb. March. Aoril si .-, 11. r.a 11.56 I CHICAGO. Feb Id wheat underwent l.oo i.w I a seioaca tooay as a resun oi promwiwuB l.jo l.oo Closing quotations were heavy. 39c net 1.45 1.43 lower, with March $1.71 4 1.71 and May 1.45 1.45 $1.6H4fl.62. Corn lost lfeelKC oats 1.40 1.40 16 1 ,c and provisions 123100. I with one notable exception, me wnesi selling side had the greater number of ad herents The exception was during a brief I early oertod and was due to a aispatcn 81.00 31.00 frm an expert saying the country around d vi o".v.. i fans, Tex., was alive wltn green ouga. 81.UO 30.00 I The general tenor of crop reports from "'i0 P,arcd' however, to Indicate actual 'dam Am Z I, A S 200 Anaconda Cop 2,300 Atchison .... 6O0 All Gr W In 7,500 Baldwin IjOCo 14,M0 Bait I & Ohio 1.800 Bet hi steel B 6,40 But & Sup Cop 'JJ0 Cal Petroleum l.fi'N) Canadian Pacif 2.9U0 Onti-1 Leather 2.4UO (.Handler-itrs 10. leu Ches & Ohio 1.2O0 Chi Mil 4 st P 1.S00 Chic'iro & X w 4(H) Chi HI! Pao 200 Chlno Copper.. 300 Coio Fi & Iron 20 Corn Products 7.1 "O Crucible Steel 6.3(H) Cuba Cane Sug 500 cria ow Generl Electric 1.700 Cenerl Motors 17,-00 Grt North Pfd Ituvplar Copper Int Me Ma Pfd Interna Nickel 7(K 2XJ 1,0c X) IH) " I an. as vet was small, and it was con fLUUR Family natents. S!).80; bakers- I tended thac- although the prevailing ab- narrt wheat, s'.cau; oasers ducbwiu m.- i normally mild weather jujcttilea appre hension, a disastrous amount ol injury from the green bug pest had but seldom taken place. Many of todays selie based their action on knowledge that no radical harm had been done by green bugs since ItMii. The Joss tnen was rouKmj 2,ccii.OOO bushels of wheat and 40,000,000 bushels of oatt. Corn and oais sympathized with wheat. but alFO displayed notable power of re sistance, owing more or less to export sales of .VHI.04M) bushels of corn Provisions were depressed by downturns in bogs and grain. enta. valiev Daunts. I!. V0; wool. wh.-at lK?n- s-raham. SH.CJ&. Mll.l.l-Rh:n Pri.., f o. h. mill. Mill run, $34 per ton: rolled barley, $4143; rolled oats. 142: scratch feed. 158 per ton. CORN Wholes, Jt; cracked. $42 per llAT Ruvinr nricea f. o. b. Portland alfalfa. $1!) per ton; cheat, $224)23 per ton; clover, $18: valley timothy. $27-a: eastern uregon timothy. JU. Dairy and Conn try Produce. P.UTTEK Cubes, extras, nominal; prints. parchment wrapped in box lots, 5c; car ions 54c. Jiutterfat. buying price 4.1c; A crade ilc. B zrade 4c. Portland delivery. t;cji; Buying prices, case count. 25(0 7e delivered; Jobbing price to retailers. The Chlcaso market letter received yes terday by the Overbeck & Cooke company of Portland said: U.-h.. ill.nluv.il . .atlnnrV lnndfiDCV candled ranch, 31c; selects, 34c; pullets, (oliowlns yesterday's sharp advance, and CHEESE Tillamook triple?,, prlr to Jobbers L o. b. Tillamook. 83c; loungl Americas. 34e lb. I'OULTKI Hens. 2529c; ducks. 459 50c; geese, 25c; turkeys, live, nominal; do., dressed, nominal. PORK Fancy, 13c per pound . VEAi. Fancy, ltfc per pound Fruits and Vegetables. although rallies occurred from time to time the market closed within a traction of the bottom. The southwest is the cen ter of attraction at the moment necause of the numerous green bug stories coming forward. Kecosnlzed crop experts on tour on Inspection through Texaa and Oklahoma report green duks very uuiiierous likely to be detrimental to the crop un less weather conditions change. Minneap olis reported a better flour business, not-withHiaiiHina- scattered claims that pre- FRUITS Navel oranges. $305.25; m-1 ..i. ..i.. were beins- cancelled. The re- ons. 4.25fir4.75; grapefruit. $509 per box; HUction of 1 or 2 cents in Uulf premiums bananas, licit 12c per pound; apples, J1.00l,s not considered significant, as It is con- ili per box. ceded that there Is not likely to De mucn VEGETABLES cannage. lo."4C per .drlitinnal exDort limine In the unitea pound: lettuce, $3 5otrI75 per crata; car- states, but that the sales already made rots. $1.50 per sack, garlic, 2025c pound; are large enough to put the wheat situation beets. $1.50 per sack; cauliflower, $2.25 n a strong position as a domestic propo- per crate; celery, $1.50 i 5 per crate; green .,iion. peppers, 25040c per pound; sprouts, 20c Corn declined with wheat, accompanied pound; rhubarb. oc pound; spinach, $1.75 I Dy fairly liberal liquidation by longs. Cash per Dox; turnips, .w.ov per saca; to- I nrices closed 1 to lower, out tne trau- matoes. $5.50 per lug. )nB basis was firm. Shipping sales were POTATOES Oregon, $1.35(52 per 100 pounds; YaKinia, $1.50422. sweet potatoes. be per pound, $4 per hamper. the largest in some time, reaching 3s0.O'H) bushels, of which 300.000 went to export ers. The movement from the country con- ONIONS Oregon. $135tfl.50 .per sack, tiniies light, despite recent claims of in creased oflerlngs. J ne marset is ia COCXTBV WHEAT BIDS OFF 4 CENTS. Three Hundred Tods ,f April White Oats told on Local Board. With the eastern decline in wheat prices were reduced at this end. Buyers lowered their bids In the country, where a con siderable amount of business has been doing, 4 cents a bushel. At the Merchants' Exchange session, hard whits and club bids were cut 4 cents and other grades 3 to 5 cents. One hundred tons of white April oats were sold at $33 and 200 tons of the same delivery at $34.50. February and March oats bids were 2550 cents higher than on Tuesday. Brewing barley advanced 50 cents and feed barley was unchanged. JSastern yellow corn was 50ci3,$l higher. It was reported at Chicago that Greece will buy 1.3W0.0OO bushels of Atlantic and gulf wheat on February 21, credits having been arranged. Argentine shipments this week are esti mated at 2.035.000 bushels of wheat, 600, 000 bushels of corn, 140,000 bushels of oats and l.OOO.OoO bushels of linseed. Terminal receipts, in cars, were reported by the Merchants Exchange as follows: Wheat Barley Flour Oats Hay Portland. Wed. 3 1 7 Year ago 7,3 Season to date.H4tl Year ago cjiHi. Tacoma. Tuea. ll Year ago 33 Season to date. 337 4 Year ago 5112 Seattle. Tues.. 11 Year ago 45 Season to date. Sfi.".5 Year ago 44IS Astoria, to date M( Tear ago...... 85 Staple Groceries. lxcal Jobbing quotations: SL'cJAK (sack basis) Cane granulated. 9c per pound; beet, o.t.c per pound. NUTS Walnuts, l64illic, Braxn nuts. 84c: lllberts. iisc, aimonus, 28tat30c, peanuts. uu12c per pound, cocoanuts, $2 per dozen; pecans, 23c; chestnuts. Sue per pound. huaei (.win, ,4.iovo.2s per case. RICE Blue Rose, ic per pound. Ja pan style. iViC per pound. BEANS bman wn.te, oc; large white. c. pink, 74C; lima, luc; bajou, 12vc. red. ic per pouna. COFFEE Boasted, bulk, drums, 14036c per pound. SALT Granulated, bale, 3.5n4 25; half ground ton. 60s, il.75; 100a, $18.25; lump rock. -. Provisions. HAMS All sizes, 3u033c; skinned, 269 3-c; picnics, iic BACON Fancy. 404!c; choice. Sue 34c: stanaara. i)ic LAKl) Pure, tierces, 18o pound; com pound, tierces, JJViC. DKi SAL, X Backs, 2124c; plates, 18a March.. May. ... May... July... Wool, Hops, Etc WOOL Oregon, clean basis, fine 70c; half blood V5c, turee-eightha 50c. Quarter blood 40ifl4oC. HIDES AND PELTS Nominal, TALLOW No. 1, 5c; No. 2. 4c pound. CASCARA BARK 1020 peeL 8c pound. HOPS 1020 crop. lttf uuc per pound. Hull AIR Nominal. UK A IX BAGS Carlots, 7c, coast. Oils. LINSEED OIL Raw, In barrels. 90c; 5-galion cans, $1.14. Boiled, In barrels. xi til . 5-sallon cans. 11.16. TlUPfc.MlAEi in arums, wc; o-ganou cans $1.14. COAb OIL Tana wagons ana iron barrels. 17"nc; cases, 8037c GASOLINE Tank wagons and lrcn barrels. 2Uc; cases. 41 He May July May. May July May. July.. Low. $1.70 i l.OO .71 H .73 .451, .46 i, position to respond readily to further ad vances In wheat. data Considerable liquidation loon olace. Induced by the easiness in omer grains, but all things considered this mar ket had a firm tone and was helped by the reports from the extreme southwest of green hug damage to volunteer oats. Coun try offerings remain very stnan. Provisions opened higher on some loca. buying. Offerings were llgnt ana scat tered. At the advance some selling by packing Interests caused reaction in prices. Volume of trade averaged light. Leading futures ranged as louows. WHEAT. Own. Hiirh. $1.72 $1(1 1.62 1.65 U CORN. .71 .72 .73 .74 OATS. .4 4 .4'4 .4ci4 .47 MESS PORK. 21.70 21.P0 21.50 I. AMD. 12.80 12.45 12.05 12.75 12.77 12.00 SHORT RIBS. 1150 11.55 11.80 11.85 11.85 11.67 (lush Drices were Wheat No. 1 red, $2.02i4; No. 1 mixed. $1B. , Lorn mo. 3 mixea, ocvoiic; xno. yellow, 7PVIC. Oats .No z wnite, eoccjtoviic; ino. white. 444t45c Rye Nuht. Harlev CJ5880c. Timothy seed ( 1.50 3.75. Clover seed $131S. Pork Nominal. .ard $11.65. Klba $10.62 11.62. Minneapolis Grain 3Iarket. MINNEAPOLIS, Feb. 16. Wheat - March. 1.5aa; May, $1.57. Flax No. 1, $l.b34fl.b. Winnipeg Grain Market. ' WINNIPEG, Feb. 16. Wheat May, Interna Paper S.OcK) Kan Ctv South 7c0 Kenne Copper l.MH) Louis & Nash 100 Mex Petroleum 14.1(H) Mid States OH 3,700 Midvale Steel 6"0 Missouri Paclf l.Koo Nev-ada Copper 500 New York Cen 5"0 N Y N H & II 1.0c) Nor & Western lf"0 Northern paclf 8.2(H) Ok I'd Rfs Pan-Am Petrol Pennsylvania. . Ray Con Cop Reading 5(H) 5.2(H) 1.100 !M) 13.SO0 Rp Ir & StctO 2.O0 Royal D N Y l.MtO ShcJl Tr & Td 100 Sin Oil & Hlg 4.3O0 Soul hern Paclf 5.500 Southern Rwv WH) 8 O N J Pfd 20 Studcbak Corp 24.2(H) Tex-ae company 3.0(H) Texan & Pacit i,kh Tobacco Pdls Transcontl Oil Union Pacif.c V S Food Pdts U S Ind Alchl U S Rtl Stores 12.7(H) II S Rubber.. 7.2i0 U 8 Steel 23, (XIO C S Steel Pfd 700 I'fah Copper. . 2.2(H) Wetctern Lniion We.it Electric Willyi 2.400 l.ooo l.lioo 2.6irt 4.1(H) Ot 4 s1 Sf74 S!4 ;4 g2i4 82- 82H 66 6.-, 65 14 PJ 90 Vj 92 34 S34 84 H 69 67 5Vt 13V4 13 13V, 40 40 404 118 117-4 117 39 39 3' 75 73 75 69 68 69 2S 27 2S4 6H 67 6S 27 27 27 23 23 23 28 2S 2s 72 72 72 96 15 90 25 25(4 25(4 13!4 13 13 132 131 132 14 14 14 77 76 77 36 36 86 S4 64 54 16 15 16 6( 68 " 68 20 19 20 19 19 19 10O 100 100 162 161 162 13 13 13 31 31 31 18 IS 18 11 11 11 72 71 T2 20 20 20 100 99 10O b4 3 4 3 3 3 77 7C1 77 40 40 40 14 13 14 77 75 76 67 66 67, 61 61 61 41 41 41 24 23 2" 7S 7S 7.S 22 22 22 ' !OS 18 1IS 61 6 6' 43 43 43 23 22 23 56 65 56 .9 9 9 :4 121 12 121 25 23 25 70 69 70 57 5 57 71 70 71 S4 84 !4 111 111 HI ,V. 65 87 ST 87 41) 45 46 8 7 8 . 78 . 76 . 54c .'82 .88 .91 . 85 . 81 . 95 ...711 j ...79 Bid. Close. $1.71 WIS .71 .73 .46 .46 21.50 12.2.1 12.62 11.32 11.67 SAX FBAXC1SCO PBODICE MARKET 11.67 ; July, $1.73. 13 1 8 192 554 376 1610 1(4 2S75 404 1320 ! 3 ... 1 3 1(1 ... 5 47 6KS 94 82 71 1963 146 657 2 1 1 1 ... 15 11 I7 312 1091 227 542 5(i2 104S 2 56 2.1 65 5 7 46 COLO WEATHER AFFECTS EGG TRADE Freeh Cube Butter Very Scarce and Sellers A.k Higher Price,. Most of the old shipping orders for eggs that were on the market have evidently been filled, as buyers were less keen to take bold yesterday, and some were In clined to unload their stocks. The colder turn of the weather, however, has given a firmer tone to the market locally. In dependently of conditions in the east. On the street there were resales at around is cents, though most of the large buyers bid only 25 cents for shipments from the country. The butter market was In a healthy condition so far as prices were concerned. There were few sales of cubes, which were very scarce, and actual values were diffi cult to obtain. Holders of fresh extras asked anywhere from 46 to 48 cents, though few buyers seamed disposed to consider these prices. There is no Indi cation of early relief in the way of a larger supply. Storage butter was also firmer and more active. There was no change In the poultry sit uation. Receipts were moderate and prices firm, with a good demand. Country dressed meats were unchanged. Prices Current on Vegetables, Fresh Fruits, Etc, at Bay City. SAN FRANCISCO. Cal.. Feb. 16. But ter Extras, 52c; prime firsts, nominal. Kggs Fresh extras, 32'-c; extra firsts, 32c; firsts. 31 "-jc; extra pullets, 3Uc; un dersized pullets, 30c. Cheese Flats, fancy Americas. 33 J, c Vegetables Eggplant, southern, 5 15c; squash, cream, t0i75c; potatoes, rivers. $1.752.25 for No. 1; Salinas. $2.85 tj?3; sweets, $5.5066; onions, Australian brown, 75co$l; green, sicqm.ou; cucumoers. hothouse, large, $2.25t(i25c) dozen: celery, $1.5063 crate; garlic. 7 (glue; cauliflower. 75(7S5c dozen; cabbage, lc lb.; belt pep pers southern, StinSsc; chile, 10 4 20c; turnips. 75s"S5c; beets, $1.502; parsnips, $1.75('2: carrots, $1: peas, plsnto, 1513 174c plperal, 20c; rhubarb. $2.50i&2.75 for Los Angeles; artichokes. 60c til $1.25 per dozen; spinach. $2ft2.50 crate. Poultry Hens. 3JV37o; strictly young roosters, 37&4oc; old roosters. 22 & 25c ; fryers. 5055c: broilers, 65fjrf8c; ducks. 30 b35c: squabs. 7;rsuc; Keigian nares. live, 25&28c; jackrahbits. $3g3 25 dozen; tur keys, dressed. 51' W 56c lancy; poor quality lower, .ive. 4345c; geese. 32&35C. Fruit Navel oranges. $2.25ii 2.75: lemons, $203.50; lemonettes. $1.5002; grape fruit. $2-n3 50: limes, $1S1.50; tangerines. $2.75 6 3.75; apples. Newtowns. $1.25; bananas, 9ti 10c: avocadoes. $310 dozen. Receipts Flour 86 quarters; barley, 7742 centals; oats, 880 Centals; beans, 3149 sacks; corn, 125 centals; potatoes, 3995 sacks: onions, 13 sacks; hay, 80 tons; lemons and orangos. 300 boxes; livestock, 770 head. c Coffee Futures Firmer. NEW YORK, Feb. 16. The market for coffee futures was firmer today, owing to reports that Brazil was now negotiating for a loan in London and the firmer ruling of Rio exchange rates, which suggested a feeling of Increased confidence in the pri mary markets. After opening seven points lower to eight points higher, the market sold 14 to 19 points above last night's clos ing quotations. This carried May up to 7.12c. or back to nearly the high point of the week and that delivery closed at 7.10c, with the general market closing at an advance of 27 points on February, and of 15 to 17 points on later deliveries. March, .K5c: May. 7.10c: July. 7.53c; September, 7.92c: October, 8.04c; December, 8.27c. Spot coffee, quiet; Rio 7s, 606c; Santos 4s. 9 9 10c . Grain at San Francisco. PAN FRANCISCO, Feb. 16. Grain Wheat, feed, $2.7utr3; do milling, $2.75 3: barley, shipping. $1.4o& 1.5o; do feed. $1.251.35; oats, red feed, $1.40(91.50; com, white Egyptian. $i:.b0tu'2.ba; rea miio. $262.10; rye, nominal. 1 J Wheat il "M - tarn OHt. i 1 7 ft 24c; Young lu. oat!, imans: barley. $12615; allalfa, $17.20; stock $10614. Seattle Grain Market. SEATTLE, Feb. 16. Wheat, hard white. soft white, $1.59; white club, $1.56; hard red winter, soft red winter, $1.50; northern pring and eastern red Walla. $1.48; Big Rend bluestem. $1.05. City delivery Feed: Scratch feed. $57; baby scratch feed, $71; feed wheat, $62; all grain chop, $47; oats. $46; rolled oats, $48; sprouting oats, $51; rolled barley, $47; clipped barley, $52: milled feed, $39; bran, $37; whole corn, $40; cracked corn, $42. Hay Alfalfa. $27 ton; double com pressed alfalfa. $.13; ditto timothy. $38; eastern Washington mixed, $34; straw, $20; Puget sound, $31. Dilluth Linseed Market. DULUTH. Feb. 18. Linseed on track and arrive, $1.85. POTATOES TAKEN TO MOVE SOUTH Fair Demand for Good Shipping Stock; Loral Trade Moderate. There was a fairly active demand for potatoes for shipment to California points and buyers offered growers $1.15 for the best shipping grade. Local Jobbing trade was fair at a wide range of prices, $1.31 to $2. according to quality. Market conditions in shipping sections were wired as follows: Idaho Falls. Idaho Haullngs light ac count of condition of roads. Demand mod erate, market weaker. Wagon loads, cash to growers, sacked Rurais, 50c; sacked Busaets. 50c Greeley. Cole Haullngs moderate ac count condition of market; very light wire ftiqulry, demand slow, market unsettled, jacked Pearls and Rurais, 60665c, mostly 4B5c Some shipments rolled unsold, some consigned, some buyers holding off Minneapolis. Minn. Light wire Inquiry, demand slow, market weak. Carloads sacked Round Whites, very few sales, 90c; Bed River Ohlos. 90c Waupaca. Wis. Very light wire Inquiry, demand light, market unsettled, very few sales. Sacked Ronnd Whites, 85 "9 90c Turpentine Drops S3 Cents. A a result of the slump in southern turpentine markets, local price f turpea- Eastern Dairy Produce. CHICAGO. Feb. 16. Butter Higher. Creamery extras, 4."c: standards. 45c. Eggs, higher. Receipts, 12.317 cases; firsts. 31'6'32c: ordinary firsts, 28 6 29c; at mark, cases Included, 3031c NEW YORK, Feb. 16. Butter, firm; creamery, higher than extras, 47Hr43c; creamery extras, 4664ic; creamery firsts. 4IW49C. - Eggs, steady: fresh gathered extra firsts, 3S?37e; fresh gathered firsts. 35$36c Cheese, irregular, unchanged. Xaval Stores. SAVANNAH. Ga.. Feb. 1. Turpentine, firm: 50c. Sales. 177 barrels: receipts. 21 barrels: shipments, 57 barrels; stock 15.089 barrela Rosin quiet: no sales: receipts. 261 bar rels: shipments, 50 barrels: stock, 81,697 barrel,. Quote: B. D. E, F, G, H. I. K, M. N. WG, WW, $11. Metal Market. NEW VORK, Feb. 10. Copper steady. Electrolytic, spot and first quarter, 13tj) 13"4c: second quarter, 13(h?13c. Irei Nominally unchanged. Tin Easy, spot and nearby, 32.00c; fu tures. 82.7533.0Oc. Antimony Spot. 5.255.50c , Iad Dull; spot. 4.60c. Zinc Steady: East St. T-ouls, spot, 5.00c Seattle Dairy Produce. SKATTLE. Feb. 16. Eggs Select local ranch, white shells. 85?f38c; ditto mixed colors. 33?35c; pullets. 8C)c Butter .'lty creamery. In cubes. 62c; bricks or prints. 53c; country creamery extras, cost to jobbers, in cubed, 49c; stor age, 35 910s. LAST T SHORT COVERIX43 FOLLOWS DROP IX MONEY. 6(H) 1.3O0 Overld 8.800 BONDS. U S Lib 3s...1.24iA T ft T cv 6s an 1st 4s .Hi.auiAtcn gen ss .. do 2d 4s 86.011 D & R G con 4s 63 do 1st 4(4s. ..87.28 N Y C deb 6S.. do 2d 4s.. . 86.94 N P 4s do 3d 4 Hs. . .90.14 N P 8s do 4th 4s. ,.87.08iPac T ft T 5s. Victory 3s ...97.24 Pa con 4s .. dit 4s 97.4 s f cv os U S 2s reg '99 So Ry 5s .... tin cnUDon '.(",' V r ,s U S 4s reg. ...103U S Steel Os.. do coupon ..lctdia Fan 3s Teg. do coupon Mining Stocks at Boston. BOSTON, Fb. 16. Closing quotations: Allouez 22 I.ake Copper.... 3 Calu ft Ariz... 4!;Moliawk ... 61 Ariz Coin 8iNorth Butte ...27 Calu & Hecla. .250 iOld Dom 1 Centennial .... 9 Osceola Cop Range .... 84Shannon 1 East Butto ... 9 .(. tan Con 1 fi Franklin 2Winona 65 Isle Royalle ...20 IWolverine 12 Money, Silver, Etc. NEW YORK, Feb. 16. Prime mercan tile paper. 7c. Time loans, steady, 60 days. 90 days and six months, 6 6 7. Call money, easy; high, 7 per cent; low, 6 per cent; ruling rate. 7 per cent; closing bid, 6 per cent; offered at 7 per cent; last loan, 7 per cent. Bar silver, domestic, 89c; foreign, 59 c. Mexican dollar, 45 c LONDON. Feb. 16. Bar sliver. 36d per ounce. Money. 5 per cent. Discount rates, short bills, 7 per cent; 3-month bills, 66 13-16 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 of the foreign unit in United States funds: Rate. Country Unit. Checks. Post Rem. Austria, kronen $ 29 $ .00.13 Belgium, francs Btilgarls. leva Czecho-Slovakia, kronen. Denmark, kroner England, pound sterling . Finland, finmark .0793 .0797 .0137 .0141 .01.19 .0413 .170 .1874 S.9400 .0348 .03S2 .0763 .0767 01 SI .015 .0757 .0701 .3470 .3474 .(cr24 .0028 .0377 .0381 .0077 .0081 .1790 .1794 .1115 .1119 .0152 .0106 .0298 .0.W2 .1430 .1434 .2270 .2274 .1677 .1681 .4925 .6750 .4900 Germany, marks Greece, drachmas Holland, guilders Hungary, kronen Italy, lire Jugo-Slavla, kronen ...... Norway, kroner Portugal, escudos Roumania, lei Serbia, dinara Spain, pesetas Sweden, kroner - Switzerland, francs China: Hongkong, local currency Shanghai, taels Japan, yen NPJW TORK. Feb. 10. Exchange firm Sterling, demand, $3 91 : cables. $3.92 eanea riemand 7 4il Cable. 7.A0. Bel' elan franca, demand. 7.79; cables. 7.81 Guilders, demand. 31.50; cables, 34.60. Lire. demand, 3.71: cables, 3.i3. Marks, de mand, 1.73: cables, 1.74. Montreal, 12 1, per cent discount. Swift & Co. Stocks. Closing prices for Swift ft Co. stocks at Chicago were reported by the Overbeck & Cooke company ol t-orliana as louows: Swift ft Co 1"3 Swift International 2i Libbv. McNeill c Liooy 1 1 National Leather 8 YARD PRICES ARE STEADY OXLY FOUR LOADS RECEIVED AT XORTU PORTLAND. Hill Shares, Motors and Steels Are Prominent In Advance Lib erty Bonds Steady. NEW YORK, Feb. 16. The uncertain course of prices in today's sluggish stock market expressed in greater measure the conflicting views of professional opera tors.. Public Interest or support was re stricted to the better known investment issues in the transportation division. Heaviness of certain issues, notably Baldwin Locomotive, General Motors, Al lied Chemical, South Porto Rico Sugar and several equipments was directly traceable to poor earnings, pressing financial needs and reduced dividends. Some of the oil Issues recorded further recossions on additional price cuts, while food shares improved moderately as schedules for refined products were re vised upward. Steels and kindred shares had their periods of comparative strength, but the weekly reviews again emphasized the de tached attitude of consumers toward pre vailing prices and referred to the likc'l bcod of further curtailment of production. Average prices were at highest levels In the last hour, call money rates then falling from 7 to 6 per cent and provoking the usual short covering. Seasoned rails, notably Northern Pacific and Great North ern, as well aa motors and steels, were most prominent, a firm tone ruling at the close. Sales were 555,000 shares. Dealers reported a fair degree or ac tivity in foreign exchange, all leading remittances enhancing recent gains. Ex ceptions were provided by the Scandina vian centers, which were heavy,, especially Denmark and Norway. Liberty issues were the only steady features of the bond market, other do mestic as well as international issues eas ing variably. Total sales, par value, $12,-650,000. Bulk of Day's Trading Is la Hog Division at Unchanged Quotations. Tradlna? was light at tha stockyards yes. tnrdav as only four loads wore -received. There were no ohanges of Importance in the price list and all lines were reported steady. Receipts were -21 nogs ana jw sneep. Wt. Price. M steers .. 922 $ 6.0O 1 hog o.oui i nog 1024 813 . 750 TM . 830 . 955 , 790 . 820 810 , 830 420 120 1870 177 105 2(i0 2"3 223 190 820 S steers 5 steers) & steers 1 cow 1 cow , 1 cow 2 cows 1 cow 1 cow 1 cow 1 cow 1 cow . 1 calf . 1 bull . 4 hogs 10 hogs . 6 hogs . 10 hogs . 3 hogs . 1 hog . . 3 hogs , 2 hogs . 2 hogs . 1 1 hogs . 8 hogs . 3 hogs A hogs . 5 hogs . 10 hogs . 8 hogs . 9 hogs . 6 hogs . 12 hogs . 2 hogs . 18 hogs 240 171 111 173 235 SOS 2(13 10.75 180 11.00 6.501 4 hogs .. 6.0O13 hugs .. 3.351 7 hogs .. 4.00i 1 hog .... 4.251 9 hogs . . 5.75H2 bogs .. 5.251 6 hoga . . 3.50 7 hogs .. 4.50: 2 hogs . . 4 OOi 9 lambs.. 4.0014 lambs. . 13.Uo; 1 Iamb .. 4.75 274 Imbs.. 11.00.53 lambs.. 11.001 1 lamb .. 11.001 3 lambs.. ll.OOitS lambs. . 11.0i!.'4 lambs. . ll.O0i!6 lambs 9 0O 7 lambs.. 10.5O! 9 lanibH. ll.OO'.'O lambs. . 11.0013 Iambs.. 10.75:t;7 lambs. . 11.00.207 iambs 9.25.123 lambs 10.75,82 lambs. . 2 w'thers 138 160 255 21 11.00 2 bucks. . Wt. Price. , 150 11.00 , 320 S.75 345 10 00 , 2.14 10.75 , 171 11.00 , 380 10.50 252 10.50 200 10.50 145 11.00 190 11.00 190 11. 00 104 8.00 I 107 6.O0 90 0.50 78 6.50 66 7.00 loo 8.00 90 6 00 84 6.00 85 6.00 . 78 6.00 67 6.00 84 600 80 6.O0 89 6.00 6 6 00 78 6.00 59 800 7t 6.00 116 5.00 122 5 00 156 4.50 95 2.50 150 8.00 145 300 117 3.00 71 10..W 172 10 00 Now Is the Right Time to Invest Your Money $1,000,000 8 Per Cent Five-Year Gold Notes Portland Railway, Light and Power Company Dated March 1, 1921 Due March 1, 1926 TITLE & TRUST COMPANY, PORTLAND, OREGON, TRUSTEE List of Banks and Com' pany Offices Where Subscriptions May Be Made Portland, Oregon U. S. National Bank. Ladd & Tilton Kank . Northwestern National Bank. First National Bank. Peninsula National Bank. First National Bank of Linnton. Bank of Sellwood. Citizens; Bank. Hibernla Com. and Sav. Bank. Title & Trust Co. Woodburn, Oregon Bank of Woodburn. Salem, Oregon Ladd & Bush Bank. Capital National Rank. Salem Bank of Commerce. U. S. National Bank. Vancouver, Washington Vancouver National Bank. Washington Exchange Bank. U. S. National Bank. Oregon City, Oregon Bank of Commerce. Silverton, Oregon Coolldge & llcLaine. Monitor, Oregon Monitor State Bank. Gresham, Oregon Bank of Gresham. Estacada, Oregon Kstacada State Bank. Mt. Angel, Oregon Bank of Mt. Angel. COMPANY OFFICES Portland, Oregon Electric Building, Broadway and Alder. O. W. P. Station. First and Alder. St. Johns Office, 209 North Jersey. Center St. Office. E. 17th and Center. Sellwood Car Barn Office. Ankeny Car Barn Office, East 28th and Ankeny. Piedmont Car Barn Office. Kil- lingsworth and Michigan, gavier Car. Barn Office, 24th and Savier streets. Salem, Oregon 237 N. Liberty St. Vancouver, Washington Tenth and Main Streets. Orenon City, Oregon 619 Main Street. Conditions are extremely favorable right now for good, sound investment ' Buy your future income while yields are high and before the countiy enters the period, predicted by economists, of low interest rates and advancing prices for sound investment securities. ASK YOUR BANKER. We recommend these five-year Gold Notes as an unusually attractive local investment to yield 8 per cent, and suggest you consult your banker as to their safety, both as to prin cipal and interest. STABILITY. The Company conducts a most essential business. Because of the great variety and number of its consumers, its op erations are not subject to the violent fluctuations fre quently experienced by other lines of industry and business. Electricity and transportation are necessary in good times and bad. Notes in Denominations of $100, $500 and $1000 POINTS TO REMEMBER The investment is safe. The interest rate is unusually high. It is a local investment that will help the community. The interest will be paid regularly and promptly every six months. You may buy the notes for cash or on easy payments. Come in and talk the matter over with our Securities Department or get the facts by clipping and sending in the attached coupon SECURITIES DEPARTMENT Portland Railway, Light and Power Company First Floor, Electric Bldg., Portland, Or. Mar. 5100 DIVISION OFFICES Salem, Or.; Oregon City, Or.; Vancouver, Wash. I INQUIRY COUPON I 1921 (Portland Railway, Light and Power Co. Please send me further Information about your 174 Gold Notes., Name . .-.., ... Street .mi, .. ,v..-.-, . ,w. m'.w.. v.t. .v. -, rc...ar. Phone I II' - I Pity nr Town ' I MttMum to .od cows, he.if.ra 6.5JJ2 .m Pn , to medium cowb, r. . .... Common to fair cows, neuors Caanars Bulls choice dairy caives Prime llirht calvea Heavy calvea Best feeders Kalr to (rood feed. era Hogs Prime liirht Smooth, heavy Hough heavy. Fut nlirs Feeder pies Sheep East-of-the-nwnintam lambs .. Valley lamhe Heavy lambs. 90 lbs. and up.. Feeder lambs CuH lamhs I.isht yearlmits Heavy yeaxuuics .....-. Wethers Ewes i.OU'ip 5 tM) 2.0l(ii 4.1X1 3.M" S.00 licxiw 13.00 7 .SOU 1Q CM) 6 OOP 7.S0 .(MI'fi 6 MI 6.00 W S 00 10.50 911.00 j 0.lliu.o 6..)(i ai .tu 1i 00 11.00 10.0011.00 7.50 800 OMfe 7.00 awtp 7.oo fl.jc 6.."0 4.0OW 5.00 a 507 cio 5,.i0 6 60 5.005JI &O0 1.00 4.00 Chiraco Livestock Market. t,tw.. c.H IR Tiatrtle. 6000: beef steers mostly 2.V: htgher; tollil. : bul k. ISWM.OO: butcher cows and feeders steaaj , spots higher on. better kinds; bulk, u 6 50; bulls slow, steady: beef and boiosrnas mostly. 4.7Si5.00. calves slow. weak; bulk vealers. ffiu: stocKoia m . oc higher, mostly owi.c. i nix marltwt fairly active; UtTht and light butchers, 13 to c lower; others 10 to loo lower inau ) . - rage; top, i".o i.. tld'U- vrv few above S10.15, bulk, uoo'-pounds'down. $.75a10.10; bulk. 2-JO pounds up. w.iffti'.w; vti' 25c lower; bulk desirable, 0 (o 1M pounuu. . 50 i 10.10. Sheet 17.000. killing classes generally steady; bulk fat lambs early. $i.7il.2o; top yearlings, JO; shorn wethers, 4.25; bulk fat ewes, 44.SO; no early choice handyweight lambs or ewes. Kansas City Livestock Market. KANSAS CITY, Mo.. Feb. 16. Cattle Receipts, 6100; beef steers, 25c higher; few heifers, (18.25; best load cows, fti.35; cannsrs and bulls very steady; veal calves. 50c to $1 lower than Tuesday's best time: top, $10.50; bulk, st10.5O; heavy calves steady; stockers and feeders strong to 25c higher. Hogs Receipts, 11,000; very uneven, better grades to butchers, 1015c lower; others 152oc lower; closing 2540c lower; one load choice ISO-pound hogs. $9.65; bulk of sales, $8.50p0.3o; pigs. steady. j Sheep Receipts, B.-oo; sheep sncl Inmlw. 1 mo.tlv 25c higher: yearlings, unevenly higher; choice 79-pound yearlings, $7; no prime lambs here; best. $7.85, Omaha Livestock Market. OMAHA, Feb. 16 Hogs, 19.000. steady to 15c lower; bulk medium and lrght butoh ers, $S.75l9.25; top, $lt.40; bulk, strong weight and packing grades, $88.t5. Cattle 5700; beef steers, IS 25c hlffher: bulk steers, $78; top, SS.S5"; she stock steady to 25c higher: bulk. $4. 75 5. 75; ton cows. $0.25; bulls and veals steady; Brtwker. and feeders steady to strong. Sheep SOOO. killing class mi. 25((t50c higher. .bu!k heavyweight lambs. $7,251"! 8.00? top, $4.i:; bum ewes, .nj'-s.uv, can top, $4.oo; lew reeaers inciuucs. Seattle Livestock Market. SEATTLE. Feb. It! Hogs Receipts, none. Weak. Prime, $11 e8 ll.oO; medium heavies, $10911; rough heavies, $sijja.oo nies. $9 fill. Cattle .Receipts. 24; 2o to 60c lower. Prime steers. J3.25la8.75; medium to choice. $6.26(88.75; common to good. $59 6 00; bent cows ana neliers. loounri; me dium to choice. S.MfrO. common to good, $S.5034.50; bulls, .Va 6; calves, light, $110 12.00; heavy, ft,iq. i.ao. Pried Frott at New Tork. NEW YORK, Feb. 18. Evaporated ap. pies steady; prunes, quiet; peaches, slow, Cotton Market. ' NEW YORK. Feb. 16. Spot cotton qniet Ml i riling. HERRIN & RHODES, INC. Railway Exchange Bldg. Mala 283. Established 189& Seattle, Portland, Tacoma. Fast private duplex wire coast ts coast. Stocks, Bonds, Grain, Cotton, Foreign Exchange. ALL MARKETABLE SECTTRITrES. Members Chicago Board of Trada Correspondents E F Hutton C( Members New York Stock Exchange. New York Cotton Exchange. New Orleans Cotton Exchange LIBERTY AND VICTORY BONDS. Headquarters for buytng and selling all Usuea Lars, or small lota, CLOSING STOCK QUOTATIONS. Salea Am Beet Pug l.0 American Can 2. '.'00 Am Car ft Fdy 2,7(10 Am H & L. Pfd l.OciO Am Inter Corp 5.100 American l.ooo 2,5t0 Am Smt & Rig O0 American Pug 60 Am Sum Tob 4.8'H) Am Tel & Tel S.10O American Wool 3,700 High. Low. 4SH aoui 123 45 47 8-5 i 4.1 93 SO a ino 61 K 40 SVt 124(4 45 V, 48 8614 44 82 q 100 H 6b a Last sale 49 'i 30 124-4 451, 47 88 43 O.i", 81 H 100 9.501 2 bucks. 10.5010 mixed. 1 hog 4J0 7.00!31 pigs . lhw ... luO 11.00' 9 hods . The followtn prices are current at the local yards: Cattlo Prices. Choice steers $ T.50 8.50 Medium to good steers 6 75 7.50 Fair -to medium steers 8 DO' 6 75 Common to good steers .... 5.0O 6.00 rhoic rows and helffrs .... SOO'rr 8.75 We specialize in PARIS-ORLEANS RAILROAD 6 BONDS Genera! market for these bonds very active, considered by New Tork bant to be very attrac tive issue at present Call or write today for official ti?cular and financial statement, including map of system. ' Price $66.25 per 1000 franca II. K. WILLS COMPAXY, Foreign Honda. J00-J Henry Bldg. Phone Bdwy. 1011 Liberty and Victory Bonds Ask us to auote yoa before you buy before you sell We receive the New York market by wire daily. Freeman, Smith a Camp Co. hound rLOoa Lumbermen Buildinc fifth and stark WAT S740 - Investment Suggestions Municipal Bonds Due. Price. State of Washington, 1941 102.70 Pierce county, Washington, general obligation 6's ....1932 91.67 City of Enterprise, Ore gon 6's, general obligation improvement .'..1922-31 99.00 Yield. 6.15-5.50r 6J4-7.20ft' Corporation Bonds Due. Price. Yield General Petroleum Corp. 7's...l931 99.25 7.10 Ohio Power Company 7's 1st Mort. Refunding 1951 95.25 ,7.40 Portland Flouring Mills, 8's, 1st Mort Sinking Fund 1936 100.00 8.00 Pacific Power & Light Co. 8's.. 1930 100.00 8.00 Write today, phone or better still, call at our office in person for full information. BlythAVitter, 6k Co. Yeon Bldg.. PORTLAND SEATTLE - SAN FRANCISCO -LOS ANGELES - NEW YOIUC roaruMs AN PBAHC10 ODD LOT CANADIANS Rate Maturity Yield Greater Winnipeg 5 7-1-22 8.25 Greater Winnipeg 5 6-1-23 8.25 Victoria, B. C. 4y2 7-21-23 8.25 Province of British Columbia. . 6 10-1-23 7.50 Province of British Columbia. . 4V2 7-1-26 7.25 Province of British Columbia. . 6 4-1-28 7.25 Denomination $100, $500, $1000 Carstens & Earles, Incorporated Established 1R01. GoTermment, Municipal and Corporation Bonds, II. g. National Bank Bids. San Franetscw Portland, Orriroa. Seattle Lon Assrtes Broadway 41 OH. Ipeksss i