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