THE MORNING OKEGONIAN. SATURDAY, . FEBRUARY 19, 1921
19.
SENATE PROPOSES
TO RAISE FISH TAX
Increase to Be Paid by Can
ners and Wholesalers.
OREGON PERMITS VALID
License Foes Are Provided for
1-Xcrj Sort or Equipment to
Be ITsed on State's Waters.
OLYJiriA. Wash.. Feb. 18. (Spe
cial.) In line with the recommenda
tion contained in Governor Hart's
message to the legislature advocating
a material increase in the tax on fish,
payable at its source, the senate com
mittee on rishenes toaay lntrouuceu
a revenue measure based upon the
fishinir industry. The measure rol
lows the programme agreed upon at
the recent conference of the. fisheries
committees of the Oregon and asn
' incton legislature. Under provisions
of the bill an excise catch tax is
levied upon all species of fish, includ
ing food, shell and fertilizer fish, coi
lectible from the canneries, whole
salers. paVkers. freezers or curers.
The measure provides for the col
lection of a catch tax on fish taken
as follows: For each Chinook taken
in the Columbia river district be
tween January 1 and August 26, 11
rents, from August 27 to December 31.
SVj cents. For each chinook taken in
I'uset sound. Grays harbor or Willapa
harbor. 7 Vi cents; do or chum sal
mon, 4-."i cents; humpback, cent;
silver salmon. Hi cents; sockeye. i
cents; steelheads. 4 1-3 cents. For
smelts in the Columbia river districts,
34 cents 1U0 pounds; for Tuget sound,
li cents 100 pounds; for sturgeons in
the Columbia river district, 17 cents
each.
Bond la Required.
Wholesalers, tanners and other
buyers are required to execute a
Lond with the director of fisheries to
make correct return of their pur
chases and for the payment of the
catch tax.
The bill provides that on the Co
lumbia river where it forms the
boundary between Washington and
nregoir, a flfhorman licensed under
the law of Washington may dispose
of his catch to a person, firm or cor
poration other than those licensed to
fuy fish under the laws of Wash
iiiKton. provided he reports the nuni
ler of fish, with the species stated
separately, so disposed of and imys
to the treasurer of Washington the
catch tax and other taxes provided
under the act.
I.irrnfte ft'era Are FKed.
Licenses imposed under the pro
posed nieiisure are as follows:
For each pound net or fish trap
license for taking salmon at both
ends on I'ujiet sound, $li; for each
pound net or fisli trap liccnso for
taking salmon on I'ucet sound. $5u;
lor each first-class pound net or fish
trap license for taking salmon on the
Columbia river, $-5; for each second
elasf pound net or fish trap on Co
lumbia river. $15. A first-class trap
is defined to one in which the
catch for the previous year amounted
to more than 1W0. and second-class
where the catch amounted to lesr
than Jli'UM.
The license for taking salmon in
pound nets or fish traps on Willapa
Harbor or Grays Harbor is $15. For
each brush weir license for taking
smelt or herring a license of $-5 is
provided; stationary fish wheels' for
salmon. J35; scow fish wheels, $-5;
purse seine license, J27."i0; Rill nets,
the nets not to be more than 750 feet
ilk length. $7.50 and one cent addi
tional for each additional linear foot
f net.
Oregon l.icrneft Valid.
The bill provides that all gill net.
licenses issued by the state of Oregon
shall be valid in the concurrent
waters of the Columbia river in this
.-tate and requires the director of
fisheries of Washington to furnisK
the fisheries department of Oregon
with a list of all licenses issued in
this state.
other licenses provided are: Keef
nets. each. JS; drag semes. thre
cents a linear fool; set nets for sal
mon. $3.75; dip bag nets for smelt. $1
honk and line licenses for commer
cial purposes. $2. The bill provides
that when hook and line licenses aro
issued for use in, salt water or th
Columbia river, it is permitted to use
not more than six lines to which an
attached not more than 12 hooks, al
operated from a single boat or other
floating appliance. Fresh water
hook and line licenses permit a single
hook to a single line held in the
hand.
Free Derision Hill Vetoed.
Uovernor Hart today vetoed an
other senate bill passed at the in
stance of the lawyers. The bill is
senate bill No. 43 and requires the
i.kerk of the supreme court to furnish,
free of cost a copy of the court'r
decision to each of the attorneys in-'
terested in the case.
In returning the bill without his
approval the governor said:
"The apparent object of the amend
ment to section 10 of the code is that
each lawyer shall immediately receive
a typewritten copy of the opinion of
the supreme court in the case in
which he is interested, .uch copies to
be furnished at the expense of the
slate.
"The advance sheets of decisions
are printed and distributed within a
week or ten days from the time of
filing opinions and as nearly every
attorney in the state gets these ad
vance sheets, the only thing to be
gained by the proposed amendment in
senate bill No. 43 is to get the full
text of the opinion a week earlier and
without expense to the lawyer.
Lou ( Revenue Cited.
"During the two years beginning
February 15. 1919, and ending Feb
ruary 15. 1921, the clerk of the su
preme court paid into the state treas
ury $3562.10 as proceeds for the fur
nishing of typewritten copies of de
cisions to attorneys, at the rate of 10
cents per folio. This revenue, equiva
lent to the salary of a first-class
stenographer, will be lost to the state
if senate bill No. 43 becomes a law.
"Perhaps a more vital point in con
nertion with this act is the additional
time of the court which would be
taken up in quibbling over what
might be termed technicalities. The
law now provides that 'whenever a
decision snail become final as herein
provided, a judgment shall issue
thereon.' I'nder senate bill Xo. 43. if
permitted to become a law, 'a judg
ment shall issue thereon' only upon
the furnishing of copy of decision to
one attorney for the appellant and
to one attorney for the respondent.
Conrt'a (Stability at Ktake.
"It seems to me that to thus at
tack the stability of the final judg
ment of the highest court in the state
is so unsound as to make one feel
that in the enthusiasm to get free
copies of the opinions, this effect
upon the present statute was entirely
overlooked by the legislators. To
allow the final judgment of the court
or last resort to be attacked on euch
flimsy pretext is too unreasonable to
justify serious consideration."
The expected attempt to abolish
the Central! Normal school material
ized this afternoon when Senator
Johnson of Stevens introduced a meas
ure In the senate providing for the
repeal of the law passed In 1919 es
tablishing the institution and provid
ing for its maintenance. The measure
will be bitterly opposed by senators
from southwestern Washington, but
will have support of a number of sen
ators from other sections of the state.
The passage yesterday of a bill abol
ishing the state nautical school at
Seattle set a precedent that may op
erate against the Centralia institu
tion, although it Is stated that cer
ain political alignments may enter
into the fight in support of the school.
Bill Cancel 11 II Ink t of Way.
The senate this afternoon passed
the bill authorizing the cancellation
of rights of way over state lands for
logging purposes when not used for
two years. The measure providing
that holders of state oil and gas land
leases may pool their holdings and
drill on only one tract within the re
quired time was referred to the judi
ciary committee. By indefinite post
ponement the senate killed the bill
providing that attorneys appointed
by the court to defend criminal cases
be paid a reasonable fee and allowed
a sufficient amount to properly pre
pare for the defense of the accused.
Without opposition the senate passed
a memorial urging construction by
the government of a bridge between
Wh'dby and Fidalgo Islands.
Firearm Bill Postponed.
The house by indefinite postpone
ment disposed of the measure prohib
iting aliens from possessing firearms.
An effort to postpone Indefinitely the
measure providing for public service
commission regulation of motor vehi
cle transportation, when the bill was
up for second reading, failed.
The senate measure reappropriating
unexpended balances in the capitol
building fund and for the erection of
memorial to soldiers, sailors and
marines of the world war was passed
by the house.
A resolution was passed by both
houses agreeing that when adjourn
ment is taken Saturday it will be un
it Wednesday morning.
FRESH BUTTER SHORT
I IV NORTHWEST
Reopening of Condenseries
Causes Scarcity.
THIRD ADVANCE IN PRICE
PEILETI H S75.D0O
HLAZK SWEKI'S COLD STOHAGE
l'LAXT; MEAT IS DAMAGED.
Hutter-Miikin& Machinery Suved
us Well as Several Buildings
in Neighborhood.
PKNDLETON, Or., Feb. 18. (Spe
rial.) The Smythe-Lonergan com
p.iny plant, comprising an ice plant
ice cream factory, creamery and cold
sit rage facilities, was destroyed by
fire here this morning, at a loss esti
mated at $75,000.
The cause of tne fire has nofbeen
t'etermined, the idea being advancetl
t.'iat it was started by a short circuit
on a high-power line. The entire roof
o; the big structure waa a mass of
fiames when the fire was discovered
at 5:30 o'clock. The fire department
saved the plant of the Pacific Fruit
& I'roduce company adjoining and as
the morning was still and cold, the
bltie did not jeopardize the O.-W.
It. N. freight house and other build
ir.ni in the vicinity.
The butter-making machinery of
the plant was saved, but the Ice
cream plant, the ice-making machin
cry and a quantity of ammonia were
lost. Several tons of meat and 1
large amount of butter in cold stor
age were damaged.
the building and contents were
well covered by insurance and, ac
curding to Mr. Sinythe, work of re
building the plant will start as soon
o insurance adjusters have complet
ed their work.
The plant was one of Pendleton's
o)(Kst factories.
Prints Will Be Quoted Three Cents
Higher in Local Market
- This Morning.
The nhortaro of fresh butter on the
Pacific coast, particularly in the north
west, Is becoming acute. Prints will be
advanced 3 cents again in the local
market thin morning, making a total rise
of 0 cents In a week.
The butter scarcity is due primarily to
the resumption of canning operations by
the milk condenseries, which turned their
raw material Into butter during the
several months that they were not con
densing. Good shipments of undergrade
fpom this territory, as well as the move
ment of fresh butter eastward from Cali
fornia, have also strengthened the butter
position.
It Is likely there will soon be some
increase in production, but no material
relief is expected before the middle of
March.
There was also a firmer feeling in the
egg market. Improvement In the east
has had a stiffening effect and orders
now coming in from the Inter-mountain
sections are taking care of the local sur
plus. Buyers offered 27 cents delivered
to country shippers and on the street
there were resales at 28 and "284 cents.
case count. Jobbers quoted selects at
35 cents and candled ranch at 32 cents.
FARMER SLUGGED IN BARN
AHilunt Hit Victim Over Head
Willi Crowbar aiul Flee.
CENTRALIA, Wash., Feb. 18. (Spe
cial.) When J. II. Matthews. Jiving it
the west end of the city, entered hi
barn last evening he was attacked b
two men, one of whom hit him ovei
the head with a crowbar. Matthew,
called for help, whereupon his as
sailants fled. One of them, believec
to have been Joseph Strauman, swam
the Skookumchuck river and escaped
The other assailant, maid to have
been Roy Jacobs, employed on th
Matthews place, went to Chehalis
where he was caught by Chief of Po
lice Wynn. Jacobs is said to have
con fessed.
The men were charged with second
degree assault in warrants issued this
morning. Whether or not robberj
was the motive for the attack has not
been determined.
DAILY METKOROLfH.lCAL RKPORT.
PORTLAND. Feb. IS. Highest tempera
ture, 43 degrees; lowest. 84. River read
ing. 8 A. M.. 10. feet; change in lat 24
hours. 1.3 feet fall. Total rainfall 3
P. M. to 5 P. M ). none: totau since Sep
tember 1, 111 JO. X.V11 inches; normal. lMt.71
Inthes; excess, A. 40 inches. Hunrine, 7:00
A. M.: sunset, 3:41 P. 51. Total sunshine.
3 hours and 13 minutes; possible sunshine.
10 hours and a'2 minutes. Moonri.se (bat-
unluy , 2 V. M. ; m onset t Sunday ,
:3t'i A. M. Barometer (reduced to sea
level). & P. M , HMtf inches. Relative hu
midity: ft A M.. ."-. per cent; noon, 43 per
cent; 3 P. M., 49 per cent.
THR WKATHER.
I) .EC LINK IN WIIKAT CONTINIES
Bid In Country and on Loral Board Art
Reduced 3 Cent.
The wheat market weakened again yes
terday and lower prices were offered in
the country and on the local board. Mer
chants' Exchange quotations averaging 3
cents under tho?e of Thursday. Not much
business was reported.
Coare grains were also weak. Barley
bids were unchanged, but oats were 2.c
$1 lower and corn was down 50c'i$t.
Chicago reports were that 500,000 bush
el of gulf wheat were offered at 13 cent
over, the smallest premium 6n the crop.
Fifteen loads were taken for export.
Farm reserves of com in the United
States on March 1 to be given by the gov
ernment report due March 8, are being
figured on. One well-known house fig
ures corn at 4t per cent of the crop, or
1.47.044J.uih bushels, compared with l,oyJ..
000,000 bushels or .'iti l per cent of ths
crop last year; oats 0l.m0.OKI bushels,
versus 4J3.1MO.Ooi) bushels last year.
Uradstfeet'a estimates exports from
North America this week at tf.3-7.O00 bush
els wheat and flour and l.i03,7oo bushels
corn.
Terminal receipts, in cars, were reported
by the Merchants' Exchange as follows:
Wheat. Bar.Flr. Oats. Ilay
Portland
Friday
Tear ago . . .
Sea. on to date.
Year ago . . .
Tacoma
Thursday
tear ago. . . .
Season to date.
e:ir ago . . .
Seattle-
Thursday
l ear ago ...
.season to dale
Year ago . . .
are on a firm basis. Country dressed
meats are holding steady at former quotations.
rOKTLAND MARKET QUOTATIONS
Grain, Jlour, Ffed, KtcJ
Merchants' Exchange, noon session:
: Bid.
"Wheat " Feb. March. April.
Hard white $1.30 $1.30 f l.flrt
Soft white 1.4' . 1.48 1.48
White club L4H 1.48 1.48
Hard winter 1.38 138 l.SS
Northern spring 1.38 1-38 1.38
Red Walla 1.35. 1.33 1.35
Oats
No. -1 white feed 34.00 34.2.. 34.23
No. a gray ... 82.00 32.00 82.00
Barley--
Brewing 31. SO 31.30 31.50
Standard feed 30.00 30.00 80.00
Millrun 31.00 81.00 30.00
Corn
No. 3 E. T. shipment... 31.00 31.50 31 50
No. 3 Y. delivery 31.50 81.50 31. ou
FLOUR Familv natenta. $9.80: bakers'
hard wheat. $0.50; bakers' buestezn pat
ents. $0; valley patents. $7.00; whole
wheat. $8.20; graham. 18.05.
uiuu fettL) trices t. o. o. mm.
run. $;i4 per ton; rolled barley, $41r4J;
rolled oats. $42; scratch feed, $38 per ton.
CORN Whole. $39: cracked, - per
ton.
HAT Bnyinf prices, t o, b. Portland:
alfalfa. $19 per ton; cheat, $2223 per
ton: clover. $18: vallev timothy. $27928:
eastern Oregon 'timothy. $30.
Dairy and Country Produce.
BUTTER Cubes, extras, 48c; prints.
parchment wrapped In box lots, 56c; car
tons, 57c. Butterfat. buying price, A
grade 54c, B grade 52c, Portland delivery.
Julius Buying prices, case - count, zic
delivered; jobbing price to retailers, can-1
died ranch, 32c; selects, 33c
CHEiSt Til.amooK tripiet price to
jobbers L o. b. Tillamook, 88c; Young
Americas. 34a Ih.
POULTRY Hens, 2329c; ducks, 4o
0c; geese, 23c: turkeys, live, nominal;
ao., dressed, nominal.
PORK Fancy, 15c per pound .
VEAL Fancy, 19c per pound
Fruits and Vegetahlea.
FRUITS Navel oranges. $85.25-r lem
ons, S4.Z504.7o; grapefruit, laow per dox;
bananas, 11 12c per pound; apples, fl.oo
tf3 per box.
vice; .etabl.es cabbage. i&zo per
pound; lettuce, $3.603.7& per crate; car
rots, II. 50 oar sack; garlic iv&iac pouna;
beets. $1.60 per sack; cauliflower. $2.25
per crate; eel wry, $4.ovv5 per orate; green
peppers, 2540o per pound; sprouts, 20c
pound; rhubarb, 20c pound; spinach, $1.7$
per box; turnips, 32 p 2.00 per Baca; to
matoes, $5.50 per lug.
POTATOES Oregon. $1.3332 per 100
pounds; Yakima, $1.&0&2; sweet potatoes,
be per pound, $4 per hamper.
ONIONS Oregon, $1.33 1.60 per sack.
BEARS ARE AGGRESSIVE
SHIPPINGS, OILS AND MOTORS
ARE FORCED DOffX.
1
10! . . .
34 . . .
..It.. VII !!:! V.il T!I 1fl:
. . C.144 161) -".Mil 404 i:;30
4 2
1 . . .
47 077 lit
71 1S7J 14
8Mt
ft
I".
. . 5.132
6
. . :;.07s tsi srts sii nxto
. . 4..V-S") 221 144 M2 105:
llllK MKI.UN'C I.OWKK IN EAST
STATIO.Na
Raker
Hoii-e
Bo. ton . . . .
Calpary
Chicago . . . .
lenier
Dt Moines..
Kureka . . . .
Ivertton
Helena
'Juneau . . . .
Kansas City.
I.na Aneeles.
Marshfleld ..
Med ford
Minneapolis .
N.w Orleans.
New York...
North Head.
Phoenix . . . .
1'ocatello .
Portland ....
Koseburs; . . .
Sacramento .
St. LmuIs . . .
Salt l-ake ..
8a n Diego .'.
San Fran
Seattle
Sitka
Spokane ....
Tacoma . . . .
TatooHh ....
Valdez
Walla Walla.
Washington
Winnipeg ..
Yakima . . .
-q v ind
i 'i o
3 i 3
2. 2
a - 2
5 : ' ?
3 : 3 : :
Z
? : s. : :
c '. '.I
1 .
61 3U o.imi. . B iCTluudy
2"! 3k O.dii . .SE oioudy
i atio.lMI IO N 'Clear
-4i II U.uullll SB Cloudy
.'III 34 O.lHl lilW IClear
221 32 0.00 10 NB Clear
1! 3s o.oiij. .:sV Pt. cloudy
40( 54 O.0O 14 SW Cloudy
54: 64 0.OO.1S E ICloudy
HI 22 O.Odl. .UVW;Cloudy
18 tS'i O.tm 12 NE Clear
241 32 0.00:10 NE iCloudv
421 6O0.0OI..IW Cloudy
3; 50 O.OOl. Jsw Cloudy
27i 44 O.oiij. .IE Cloudy '
to1 3u .oo 22 KWiC'lrar
4M! 4III."0U . K 'Clear
24 3tl.(MI,20'NW'Clear
3s 44 0.00 12 SE Cloudy
42 .IM)..IW Cloudy
4 Soo.ooj... NWlClear
341 43 0.0O.. , E iCioudy
.121 410.00 . JNW'Cloudy
4ll .-,ii0.0O '3 cioudy .
24 32 0.00 . .INB Cloudy
24; BH0.OOI..KV Clear
50- 60 o. 00 14 NW Cloudy
4BI 5S0.0O' ,.v
341 4'0.0o . . SB
24 t40 O.flo,, . N
1 32 0.00:. .)NE
311 44 0.0111. .'SiV
4o 44 'II.IINI14.sk
2111. . .10.001. .INK
24 34:0.00 .. W
24 3K-0.OOI. . !.V
'. .1-14 0.00 12iW
20' SR 0.00,
Cloudy
Cloudy
t.lear
Cloudy
Cloudy
Cloudy
Clear
Cloudy
Clear
Clear
NW ICloudy
A. M. today; M'.
Inic day.
M. report of preced-
FORBCASTS,.
Portland and vicinity Rain; southeast
erly winds.
Oreron and Washington Rain west Dor-
tion. cloudy east portion; freah aoutheaat.
erly winds.
vcker Deal lndiate lerlded Orrtine In
.Market.
Instead of improving, the hide market
seems to bo getting worse. Wires from
Chicago yesterday told of sales at an av
erage decline of about 2 cents under the
previous business done.
The sales were: 5000 June-December
packer native heavy cows. 55 pounds and
up, at 11 cents: 20,004) November-Decem
ber packer light native cows, 55 pounds
nd down, at 10 cents; 0000 extreme light
native steers at 10 cents: 4000 extreme
ight Texas steers at 9 cents; 20,000 brand
ed cows, winter stock from all points, at
0 cents, Chicaxo, freight; packer calfskins
at 15 cents; Chicago cities at 13 cents.
The Chicago price of branded cows at
cents means about 7 cents here fur
packers and about 5 cents in the blood
lot the bast branded stock. The calfskin
sale would indicate a price here of 11
cents for city and about 3 cents for coun
try stock.
The sales reported from Chicago were
made by packers to their own tanneries,
as the Independent tanners were not in
the market for hides.
At the same time notice was given of
10-cent advance in No. 1 sole leather
in the east and the rise was said to have
stimulated business materially, which
shows that advancing and .not falling
prices start business moving.
The interesting information comes from
Sfcattle that a packer in that city has
shipped 10,000 hides to Germany, which
will be made into leather there. ,
ORDERS FOR I'OTATOES LIGHTER
hipping Demand Quiet, but Prices Are
1'nchanged.
There was less shipping demand for po
tatoes yesterday than earlier in the week,
but the few offers made were at un
changed prices. In the looal jobbing mar
ket business was light. Conditions at ship
ping points were wired as follows;
Ida.no Falls. Idaho; Hautings light, ac
count condition of roads. Demand mod
erate, market unsettled. Sacked Rural,
50c; sacked Russets, 80c,
Waupaca, Wis.; Very lifht wire inquiry.
Demand poor. Market weak. Sacked
Round Whites, 80 85c. Some shipments
rolled unsold.
Minneapolis. Minn.: Light wire inquiry.
Demand slow. Market dull. Round
Whites, .".uoc; sacked Burbanks, UOc
$1 ; sacked Late Rose, 00c.
Presque Isle, Me.: Haulings light ac
count condition of market. Very light
wire inquiry. Practically no sale, of seed
or table stock. Most present shipments
are-from previous sales. Green Mountains,
tl fir l.SS, mostly S1.1091-SS jer barrel.
Wheat Shipments Decrease.
World shipments of wheat last week
and in the same week last year were:
Week Ended
Feb. 1221. Feb. 1420.
.6.65S.OOO . 708,000
. 407.OO0 5,510.000
.1.820.OO0 2,100,000
. 520,000
Staple Groceries.
Local jobbing quotations:
SUtiAR (sack basis) Cane granulated.
o per pound; beet, 8.65c per pound.
NUTS vvainuis, lanpzic. xiraxil nuts.
84c; filberts, 169 18c; almonds, 128930c;
peanuts. 8tjlP Per pound; coooanuta, t2
per dozen; pecans, 23c; chestnuts, 800 per
pound.
HOiNEX lomo. sj.itiiisa.za per case.
RICK Blue Rose, 0c per pound; Ja
pan style, 7Vi0 per pound.
BEANS small wnite, ec; large white.
6c; pink, Tfec; lima, 10c; bayou. 12fec;
red, 7kc per pound.
COFFEE Roasted, bulk, drums. 14930c
Der Dound.
SALT Granulated, bale, I8.504.23; half
ground ton, 50s, 118.75; 100s, 818.5; lump
rock, 128.60.
Provision.
UAIUS All sizes, S033c; skinned. 28
32o; picnics, 21c.
BACON Fancy. 404Uc; choice. 300
34c; standard, 2iSfl'Sc
LAK1) fure. uerces, ivc pound; com
pound, tierces. 180.
LHI SALT Backa, 2124e; plates, 18c
Wool, Hops. Etc
WOOL Oregon, clean basis, fine 70c;
half blood 65c three-eighth 50c, quarter
biuod 4ui4.".c.
HIDES AND PELTS Nominal.
TALLOW No. 1, 3c; No. 2. 4c pound.
CASCARA BARK 1020 peel. 8c pound.
HOPS 1U20 crop, 15il8c per pound.
iotiAlit Nominal.
GRAIN BAGS Carlots, 7c, coast.
Oils.
LINSEED OIL Raw, In barrels. USc;
5-gallon cans, 81.14. Boiled, in barrels,
81.U1; 5-gallon cans, II. 18.
TURPENTINE In drums. 8c; o-ga!lon
cans 11.14.
COAL, OIL Tank wagons and Iron
barrels, 17Hc; cases. 30(p37c
GASOLINE Tank wagons and Ire a
barrels. 2Uc; cases, 41 He
Rails Feature Few Gains Of Day in
Wall Street Bond Mar
ket Is Irregular.
NEW IOBK, Feb. ll The further re
action of prices in the stock market was
primarily due to the same adverse cir
cumstances and factors which have gov
erned financial operations since the be
ginning of the year. Lack of buying power
or public Interest, as Indicated by tne
meager business reDorted by commission
houses, the poor earnings of railroad and
industrial corporations and the slow re
vival of general business continued to
militate against constructive efforts.
The man.v market was easier to the ex
tent that call loans dropped from 7 to 6
per cent. A fair demand was noted tor
commercial paper and hank acceptances,
but very little time money was obtainable
except for the shorter periods.
Foreien pTrhRnir was more unsettled
rates on London falllnf to levels which
affected the greater part of their recent
gains. Rtmittanoes to the continent,
without exception, also were lower, giving
especial point to the British premiers
plea for banking credits to central r-urope.
Bears were particularly aggressive In
such Issues as shippings, oils and motors
at gross recession of 2 to 10 points. Little
support was forthcoming, lowest prices
being registered in many instances shortly
.before the close.
Atlantic. Gulf West Indies common
was weakest of the most active issues,
recovering a fraotlqn of Its extreme de
cline at a net loss of 86 points. Dealings
In this mock were in excess of half Its
capitalization and suggested a downward
revision of the dividend.
Representative rails, such as Norfolk ft
Western and Reading, featured the few
gains, both advancing li points. Sales
were SCO. 000 shares.
The bond market was Irregular on re
duced offerings, liberty and victory issues
closed mostly at nominal gains, but other
domestic issues, as well as international
flotations, were Inclined to react, espe
cially French municipals. Total sales,
par value, $9,350,000.
CLOSING STOCK QUOTATIONS.
Belgium prem 6s. . 724 75
German W L 6s 12 "4 14
Berlin 4s 184 15
Hamburg 4s 15Vfc 17
Hamburg 48 14 16
Leipsig 4s 14Vs 1HU
Leipzig 6s. 16 18
Munich 4m lZSb 16
Munich 5s 17V, 20
Jap 4s 63 03
Jap 1st 4tts 82Mi
Jap 2d 4H 8"-4 82
Paris 6s.., ."" 8S54
V K 6fcs. 1821 B014 !
V K S4. 11122 84 0514
U K 54s. 1820 8X 89
U K 5V. 1U37 : 85 86V4
Swift Co. Mocks.
Closing prices for Swift ft Co. stocks at
Chicago were reported by the Overbeck ft
Cooke company of Portland as follows:
Swift ft Co...: 1024
Swift International ....
Llbby, "McNeil ft Libby 11,
National Leather 8fc
Sale.
Six)
l.ooo
,-(H
700
3.100
500
High
4S
:i0'.i
124
45
4t!s
42 4
IM
85
1004
R?B
311
S2'4
64 4
004
34
58
41
117Vi
37
Low.
4S
2044
123 4
44 4
45
84 4
41 4
ftt
82 4
100
6i
so 4
S2 4
54 4
811
33
Ist
sale.
4S
80
124
44',,
4
84 4
42
11:14
85
100
604
SSI
N2".
114
304
70
5S4
so
10
ll'i
17. S. and Canada
Argentina
Australia
Others
Totals 8,895,000 10,318,000
Receipts for the season to date compare
as follows:
Tot. Since Same Period
.Tun. 28. 20. Last Seas.
U. S. and Canada. .SD2.9A5.0O0 211,058,000
Argentina
Australia
Others ..
Total .
.. 41,5711.000 117.30,0O0
23.470.000 68.355,000
6.122.000 1,812,000
.364.133.000 398,855,000
Bank Clearing.
Rank clearings of the northwestern
cities yesterday were as follows:
Clearings. Balances.
Portland .85.287.1146 8(18.551
Seattle 4.14S.5H1 1,0711.175
Tacoma 515.618 77.726
Spokane 1.31.4.701 480,03S
Poultry Receipts Light.
SAN FRANCISCO PRO DICE MARKET
Price Current on Vegetables, Fresh Fruits,
Etc., at Buy City.
SAN FRANCISCO. Cal., Feb. IS. But
ter Extra, 5.14c; prime firsts, nominal.
Eggs Fresh extras, 374c: extra firsts,
37c; firsts, 35c; extra pullets, 31c; un
deisized pullets. 30c.
Cheese Flats, fancy, 24 4c; Young
Americas, 384c. -
Vegetables Eggplant, southern. &
2Uc: suuash, cream. 60u-i5c: potatoes,
rivers. S1.75fei2.25 for No. 1; Salinas, 82.83
&3: sweets. S5.50&G: onions, Australian
brown. T5c0Sl; green. 11.50; cucumbers.
hothouse, large. S2..06i 2. 10 dozen: celery
81.5(ieii3 crate: garlic, 710c; cauliflower,
75485o dozen; cabbage, lo lb.; bell pep
pers, soutnern, orcili'c; cnue, loigijoc
turnips, 75&85C; beets, H.SUW3; parsnips.
1 7.", ti 2 : carrots, 81: pears, plsmo, lztfl'ltsc
piperal, 20c; rhubarb. 42.502.75 for Los
Angeles; artichokes, 60c&81.2. per dozen
sulnach. 826 2 75 crate.
Poultry Hens, 34f37c; strictly young
roosters. 87 40c; old roosters, .'zmzuc
fryers, SO G 50c; broilers, 65bo; ducks, 30
e35o: squabs, iSBSllc: neigian nares. live.
25i&2Sc: jackrabblts, S3&8.23 dozen; tur
keys, dressed, 525dc fancy; poor quality
lower, iive, 43u4.ic; geese. SSi&J.'ic.
Fruit Navel oranges, S2'n, 4.o0; lemons,
f2i3.50; lemonettes, 81.6002; grape fruit.
lLftf.50: limes. Slfr l.oO: tangerines. 82.75
$3.7; apples, Newtowns, 8i.-:; bananas.
9M0c; avocadoes. laftviu aozen.
Receipts r lour, y.-o quarters; wneat,
830 centals; barley, 6169 centals; beans,
4325 sacks; corn, 30 centals: potatoes.
2730 sacks: onions, 20 sacks; hay, 70 tons
livestock, 3G0 head; lemona and oranges,
2400 boxes; hides, 23 rolls.
IMPBOYEMENT IN BUSINESS NOTED
Trade Is 8a Id to Be Much Better Than
Four Months Ago.
NEW YORK, Feb. IS. Bradstreet's to
morrow will say:
mpatlence at the slow, in some lines
Indeed, apparently painrul, progress being
made in general trade and pessimistic out
givings bred by further recessions in so-
called barometer trades, iron, steels, coal
and coke, cannot disguise the fact that
while trade is a trifle less active than last
week and not as good as a year ago, it
is much better than it was two to four
months ago. The irregularity previously
noted in different lines continued, activity
Is still largely confined to the appare
trades, unemployment is marked in many
industrial centers, wage reductions are nu
merous. the general price movement In
dicates that many lines still seek stabili
zation and the railways report a lessened
volume of business moving as compared
with previous weeks and yeas.
Weekly bank clearings were $6,169,
104,000.
Coffee Futures Irregular.
NEW YORK. Feb. 18. There was 1
sharp advance in the market for coffee
futures during today's early trading, owing
to reoorts that Sao Paulo had secured a
loan In London and an advance in Rio
exchange rates. The opening was un
changed on March, but generally five to
12 points higher, and the market sold 15
to 19 points above yesterday's closing fig
ures during-the middle of the day, with
May selling at 7.24c, or the highest price
touched' since the reaction from the Jan
uary advance. There was -realizing at this
level, however, and Wall street selling was
more active late in the afternoon, possibly
reflecting a less favorable feeling in the
stock market or easier foreign exchange
rates. May sold off to 7.05c. with the
market closing net one point lower to two
points higher. March. 6.57c; May, 7.05c;
July. 7.45c; September. 7.84c; October,
7.98c; December. 8.19c.
Spot coffee steady, Rio Ts, fc to 74c;
Santos 4s, 9c to 10c. -
Dairy Produce Market.
NEW YORK. Feb. 18. Butter firm;
creamery higher thap extras, 48 4i)49c;
creamery extras, 4Sc; creamery firsts, 42
W 47c.
Eggs strong; fresh gathered extra firstst
43 4 044c; fresh gathered firsts, 41 ft 13c.
Cheese irreguir, uHcuaiigcu,
CHICAGO. Feb. 18. Butter hirher;
creamery extras. 47c: standards, 46c.
Eggs nigner; receipts. i..jd cases,
p-imis. 34i.34 4e: ordinary firsts, 3031c:
at rnark, cases included, 3233c.
Am Beet Sug
American Can
Am Car ft Fdy
Am H ft L Pfd
Am Inter Corp
American Loco
Am Smt ft Rfg 3,600
American Suif 1.400
Am Sum Tob 4.. loo
Am Tel ft Te-1 2.0OO
American W.m1 2.300
Anacomla. Cop 1,601
Atchison "
At or ft w in 101. ok)
Baldwin Loco ii.iski
Bal-ti ft Ohio ."
Bethle Steel B 6.400
Cal Petroleum l.iioo
Canadian Pac 2.SOO
Centrl Leather S.000
f'hjindler Mtrs 15.5O0
Ches ft Ohio :lo .v.i
Chi Mil ft St P 4o0 2 1
Chic's-o ft N W 2) 64
Oh I R I ft Pac oo 27 4
Chlno Copper. . ."H S3
Corn Products 2.000 71 4
Crucible Steel 0,200 94 54
Cuba Cane Sug l.ooo 25
Erie i.is'
Oenerl Klectrlc floo 131 4
toiler! Motors T.30O 14 4
rirt North Pfd 500 7")
Illino s- Central 400 mi'-'
Irupla.r Copper 1.000 ...14
lnt Me Ma I'M Sim) 54 4
Interna Nickel 4O0 1.1
Interna Paper 2.70O .17
Kan Cty South loo 194
Kenne Copper 3O0 194
Mex Petroleum 2.".2oO 101 4
Mid States Oil 8. Ron 13
.Mldviile Steel
Missouri Pacif
Nevada Copper
New York Cen
N Y N K ft H
Nor ft Western
Northern Pac
Ok I'd & Rfg
Pan-Am Petrol
Pennsylvania. .
Pitts & W Va
Rav Con CoD
Reading 3.5o
Hev It & Steel 2.100
I!oyl D N Y 2.4O0
Shell Tr ft Td IOO
Sin Oil ft Rfg 2.K00
Southern puc a,n
Southern Rwy 1.300 22
S O N J 1'fd IK SI 100
studebak Corp 7..': in
Texas company 3,sn0 434
Texas ft Pacif 2.2K) 22
Tobacco Pdts 4.4IHI 56
Transcontl Oil 1.100 0
Union Pacific 2,20 1214
I" S Food Piltfl I.IHW 24 4
V S lnd A lolU 1.0O0 70
V S Ind Alehl 1.600 70
.IT S Rfl Storea 6..1O0 5?4
V 3 Rubber. . 0.2OO 70
U 8 Steel 10.OIH) 83
IT S Steel Pfd 200 111
rtah Cooper. . S.Jmi .1.14
West Electric .0 41.4
Willys - Oven-Id . 900 74
BONDS.
U S Lib S4s. . .91.36 A T ft T cv 6s. . 984
do 1st 4s 87.50;Atch gen 4s 78
do 2d 4s 88,70. D ft R G con 4s 634
do 1st 44s. . .87.48 N Y O deb 6s.. S
do 2d 44S...86.92IN- P 4s
do 3d 4 4. ..OO.IMHN- t'Sl
do 4th 44s. ..87.12 Pac T ft T 5s. .
Victory 3s ...97.3!Pa Con 44s ...
do 4s 97.42 3 P cv 5s
V S 2s reg "119 4ISO Ry 5s
do coupon ...": ' is 'i
U S 4s reg 103h!U S Steel 5s 95
do coupon ..103l
Fan 3s reg 71)4 "Bid.
do coupon . . .79 4f
Mining Stock at Boston.
BOSTON, Feb. 18. Closing quotations:
SHEEP MARKET IS SLOW
OFFERINGS AT YARDS ARE
HARD TO DISPOSE OF.
Trade in Cattle Is Also Inactive.
Hogs Are Steady and
Unchanged.
The run at the stockyards was small
again yesterday and trading was ugm.
There were no material changes in quo
tations. Sheep were very dull and the
offerings were hard to dispose of. Cattle
were barely steady and not particularly
active. Conditions were unchanged in the
hne division.
Receipts were 74 cattle and 280 sheep.
The day's sales were as follows.
Wet. Prlce.l
5 steers. 10.K) 8 7.401
2 steers. 1240 7.4VI
9 steers. 1095
17 steers. 147
3 steers. 1KW
1 Steer.. 770
1 steer. . '850
1 steer. . 1040
4-steers. 9.17
2 cows. . 950
lcow.. 1100
1 cow . . . 1)50
8SO
1(H)
1150
IO05
1 cow. ,
2 cows.
1 cow . .
7 cows.
3 cows.
Wfft. Price.
950 $ 3.0
1115 450
NEW ISSUE
We Own, Offer and Recommend
Republic of Chile
20-Year Sinking Fund 8 Gold Bonds
D3ted February 1, 1921 Due February 1, 1941
(Payable in U. S. Gold Coin)
Price 99 and Accrued Interest
Yielding Over 8.30
Bond3 are retirable at 110 up to February 1, 1931, and at 103
thereafter
Sinking Fund of Jl,200,000 per year,
Sufficient to retire the entire issue at. the above premiums.
CHILE has borrowed money for 95 years and has never de
faulted on any of its loans. Chile prospered greatly during the
war and enjoy excellent credit. Her government debt is low and
her agricultural and mineral resources make her one of the
richest countries in South America.
We consider this bond to be the best of any of the recent
foreign government issues.
f.l.nevereauxt5L(ompanV
87 Sixth Street
INVESTMENT BONDS
Portland, Oregon
Broadway 1042
1040
1127
9S.i
1015
1190
ti.50
5.50
6O0
5 00
8 50
6.00
400
SOO
900
:ioo
1.000 2o-;
3.700 1M
1,000 84',
400 :ni
6.700 77
WX 40H
100 29H
2.10O 13T4
40-T,
24
7S
22
70t
93-1,
24
1:1 V,
131
14
"RMs
8s
3.1 Vi
5.1
15 Vi
.!
197i
18:,
1.19
I.'!',
:io 'n
is
11
71 i
19
10J
-??
itiVs
4
29 'i
i:ii
74H
07
01 Vi
4(14,
2SI
7S'i
3 0s1;
r.'.'.i
4.1 Vi
22 Vi
ii
9
12014
23
ROVi
69 Vi
5.1 "4
sTi -g:
111
f ."i
4.1 s
7H
90 Vi
S4
57 K
- 40
I1llri
87
1 l
.19
27 Vi
CSV1
27
22
70 vi
04
24 i
13Vi
131
144
711 Vi
35'
53 f
15
5li-V
19 it
10!i
ISO 1
13V
.30
11
72
1.)
103
S4
3
77 Vi
40
29 V
1:1 Ti
7H V
7
40
24
7S
2i
100
434
22
54 Vi
9
120V4
24 Vi
09 )
K04
.10 Vi
70
R3
111
5.1
40
7
Vi
54
S4
7
VI
S5
7.4o
7.4l
6.SUH
0 OOi 2 cows
U.OOH 2 COWS
7.51V 1 cow.
U.5)i lcalf.. 110 13.00
3.50 lbull.. 13.10 4.75
5.WI 1 bull.. KV'O 4 50
4.50. 7 hogs. 207 11.00
5.0O 272 lambs 71 0.15
4.00: 1 lamb. 70 6.1t
5.lKj 8 year). 103 6.15
0.0O! Shoes. lf0 11.00
lOOO x6.0k' 9 hozs. 241 10..
1210 5.50.1 2 hoes. 140 10.75
The following prices are current at the
local yards:
(,'att e prices
Choice steer 7.50fa 8 SO
Medium to good steers 6.7.V'a) 7.50
Kalr to medium steers O.OOCi) 0.75
Common" to good steers 5.0Ofru 6.H)
Choice cows and heifers 6.0Ott 0.75
Medium to good cows, heifers 6.5irrt 6.H
ralr lo medium cows, heifers 3.54itt) ti.04
Common to fair cows, heifers 4-OOW 5.0O
tanners
s
T
2 cowa. .
1 cow . . .
1 cow. . .
5 cows. .
3 cows. .
3 cows. .
CHAXCES OF CROP DAMAGE
' ARE LESSENED.
Selling Is Active In Chicago Mar
ket and Last Trices Are
Lowest or Session.
CHICAOO. Feb. 18. Snow and rain west
oozm i'oo I and southwest, with predictions of the
3..VIW 4.50 1 coldest weather of the winter, had a de-
12.001 13.00 pressing Influence on the wheat market
i; ",Z re -' Xi today. Prices closed weak, Vi to lo net
5 .vim r,MI lower, with March 1.7V to 1.67 and
5.00tf 5.51 1 May 1.57Vi to 1.58. Corn finished Vic
I ia u down and nats unchanged to
10.50 1 1.00 1 higher. In provisions the outcowie
lo.oow 10.50 ranged from 10c decline to an advance
lo.iMira 11.00 1 rt.turii of winter conditions appeared
lO.OUjf 11.00 1 nkeiy to check, if not altogether end, the
. - .ikellnood or great damage o uroen
i.Olr 8.001 QH Muian tlv m the 1921 wheat crop.
05OW 7.00 A Ug elevator Interest here led the sell
0 50r.r 1.00 1 i.- ,he last and urlces broke rapidly
tf.. miIP i final 1 m nlltl
4.WUV 5Hi .rn -nd ... dlsolaved firmness, ow
6..KIMI 1.00 in argeiy to continued export call for
S'J2 Wn ni to tlk of rcity of oats in
7 :ZT, , the east.
" t.vv. Provisions averaged lower, artectea oy a
Dalharlf in Ihn VBllll At hOLTS.
CHICAGO. Feb. 18. Cattle Receipts, r.i.i,n i.ner received ves
Bono head. Barely steady on all classes. terliay b the overbeck A Cooks company
Top beef steers, early, 110.10, some held of portiand said-
higher: bulk beef steers. S&9 50; bulk wheat It was an erratic market, dom-
butcher cows and heifers. ISOSO; choice (nateli by various conflicting influences
heifers. S.50; bulk canners and cutters. The advance after the opening dip waa
12.50ft 3.50; bulk bulls, 4.75i-5.5); veal base(1 primarily on the report of a local
Bulls
Choice dairy calves
1'rime light calves
Heavy calves
Best feeders
Fair to good feeders ........
Hogs
Prime light
Smooth, heavy
Hough heavy
Fat pigs
Feeder pigs
Sheep
East-of-mountain iambs ....
Valiey lambs
Heavy iambs. 90 lbs. and up.
Feeler lambs
CTTl lambs
Light yearlings
Heavy yearlings
Wethers
Ewea
crop expert to ths effect that the green
bug infestation Is extensive and might
prove serious under certain weather con
ditions. Considerable buying was also
,tim,iiat.il hv nnnrri of a fairsised ex-
ing sparlng:y; top $!t.uo: bulk, 21)0 pounds t ou8lne,s being under way. It was
down, $n..109.75: hulk 220 . pounds up, , iearned whether this was old or new
calves mostly $10.5011;' stockers and
feeders, mostly $l4?M.
Hogs Receipts. 41,000. market slow.
Lights lo25c lower, others 10frl5c lower
than yesterday s average; big packers buy-
8.90fj,9
$1.55; May. $l .'.5Vi. Barley, 480SO,
Flax. No, 1. $l38 l.hti.
Grain at Kan Francisco.
SAX FRANCISCO, Feb. 1M. Craln .
Wheat, feed. 2.75ft2.8.1; do. milling. $2.w0i
3; barley, shipping. $1.451.05: do feed.
$1.2501.35) oats, red feed, $14001.50;
corn, white Egyptian. $2.Llw2.85; red nulo,
$26 2.10: rye, nominal.
Hay Wheat. $20J1 ; tame oat. $17
19; wild oata, $12015; barley. $1214.
alfalfa, $17.2u; stork llOtrli.
Seal I In Crnio Market.
SEATTLiE, Feb. 1 1. "Wheat, hard while
and soft while, $1.5.1; white club, $1.51;
hard red winter, soft red winter, northern
spring and eastern red Wall, $1.40; big
bend bluesteni, $1.01.
City delivery: Feed Feratch feed. $"7
ton: baby scratrh feed. $71: fied wheat,
$02; all grain chop, $47; oats, $40; rol!e.l
oats, $48; sprouting oats, $.11; rolled bar,
ley. $47; clipped buriey. $.12; milled feed,
$39; bran. $37; wlioio corn, $40; cracked
corn. $42.
H)' Alfalfa, $27 ton: double com
pressed alfalfa, $33; ditto timothy, $3";
eastern Washington mixed, $34; straw,
$20; l'ugct svunil, $3t.
Metal Market.
NEW YORK, Feb. IK. Copper steadr.
Electrolytic and first quarter, I3'(i-I3'4c;
second quarter. IS tn1 13 Vc.
Iron nominally unchanged.
Tin Irregular. Spot and nearby, SJe;
futures, 33 W 33.50c.
Spot antimony, R.'frZ 50r.
Lead dull. Upot. $4 oo4.ftfltr.
Klnc easy. Kaft St. Louis spot, 4 87
6 Sc.
pigs 1.141 2.1c lower; bulk de- k.i,. , , trade waa Inclined to
slrable, 90 to 120-pound pigs, $9.409.7"i. construe it as being covering of previous
Sheep Receipts, 10.000 head. Lambs saies as t s hard to figure why foreign
open strong to 25c higher, some held at , should be buying In this country when
mi ..a l supplies can be secured eisewnere at suo
further advance; bulk
$8.3001); bulk fat ewes, $44.75; choice
98-pound yearlings. Ib.oO.
Omaha Livestock Market.
OMAHA, Feb. 18. Hogs Receipts,
14.04H) head. Opening lOla- 15c. lower; clos
ing active and steady. Bulk medium and
light butchers, $.s.54i9.15: top, 9.30; bulk
strong weight and packing grades,. $8
8.60.
stantlal discounts. Snow and comer
weather is predicted and If it materialises
will obliterate the possibility of insect
damage to a large extent. The caah mar
ket was easy and premiums in Lnmsu
i rt.ni while advices from the
gulf reported round lots of wheat offered
at 15 cents over .-viarcii, imin
inn nremium on the crop. In the
ol.a.nee of eXDort bllVlng It IS doubtful
Naval Mores.
SAVANNAH. Ga.. Feb. 18. Turpentine,
firm, &oc: sales, 100 barrels: reiMiipls. six
barrels; shipments. 104 barrel; stock, II,
724 barrels.
Rosin, quiet: no sales: receipts. 29 bar
rels; shipments, ten barrels; stork, 80.
700 barrels. Quote: B. I), li, Y, C, H, I,
K. M. N. WO. WW. $11.
Hops at New York.
NEW YORK. Feb. 18. Hops easier.
State. 1920, 3ur40i-: Pai'lflu coast, lll-'l.
,!5ite0c; 1910, 22ii24c.
Dried I-Ynit at New York.
NEW YORK. Feb. IS. Kvaporated ap
ples steady; prunes slow; peathes dull.
Duluth I.luaeed Market.
D"LUTH. Feb. IS Linseed on traok
and to arrive, $1.8.1.
tlattlM Reeeintn. 1 500 head. Beef Steers I a-hether domestic Conditions Will Du SUI
mostly steady: $3.75 bid on steers; early fictently strengthening to maintain pres-
ul., hirh,i- atnnU atronirer. elnsA dull: I n, n.i..
veala atorkerx and feeders steady. I Corn met good buying early in the da
uh..n Reeelnta 44)Ohead. Lambs n- I hv honaes with Aeaboard connections, al
erally 25c higher; spots 50c higher on parently against sales for export and it
heavy kind. Bulk handyweight lambs was intimated that the volume might be
$7. 098.35; top, S.7u; sheep strong; best larger. Country offerings, however, were
15.10: no feeders here. - I fairly liberal and the selling in tne ii
!, t itn.1. f-D I(nu i.nvine- mentioned. Weather Condi
KANSAS CITY. Feb. 18.' Cattle Re- t.ons favorable for Proving th. roads
ceipts. 1000; beef steers and she stock, wnicn in turn """""'',--'-"-
-,n.. n.i. r, in row larger movement. -----
a.aau; . -- - a 1 hleher OT CeS tOday. UU
h ,h.,' ntlier I' iwh BlftlQV tOI Steers. I wm ...- r . -
fS.85; choice h
niRa .r.riB, w.n... , i.iuc.. a. . . .
,n ln.-. k..llr ..U. i T.ltO, O T. ll.ll. idtlHialt lO
!ry likely ;
increased
country
$9.30.
Sheen Receipts, 1000; ctrong to 25o
higher; ewes, $4.65; lambs, 2540c higher;
sU-puund lambs, $8.,'.
Allouez
Ariz Com "
Calu & Ariz . .
Calu At Hecla.
East Butte . .
Franklin
Isle RoyalUs . .
Lake Copper. .
llohawk
lOsceola
8V-i iQulncy
. 49
2.11
39
(Superior
Sup & Boston..
iiu.il uih Con
2 'Shannon
20 Winona
3 14 IWolverlne . . . .
47V!
4
IVi
65
13 Vi
Money, Silver, Etc.
NEW YORK, Feb. 18. Prime mercantile
paper, 7Vi7 per cent.
Time loans steady; 00 days, vu aaya ana
six months, BV47 per cent.
Call money easier; high. 7 per cent: low,
8 per cent; ruling rate, 7 per cent; closing
bid, 8 per cent; offered at 7 per cent; last
loan, 7 per cent.
Bar silver, domestic, 99 Vic per ounce;
foreign, BSVic.
Mexican dollars. 44c.
Seattle Livestock Market.
SEATTLE. Feb. 18. Hogs Receipts,
69c; 25c lower. Prime. $10.75(g11.2.1; me-I by .hort-coverlng on a fairly liberal scale,
dium heavies. $0.75 10.7S; rough heavies, I Trading futures ranged as follows:
fairly active and the
..i.i firm, influenced by a further ad
vance In the local spot basis. Keceipis
were estimated at oniy .i -.-.
No. 2 white wera maae at ia - i
over May. - . .
Rve atlad a strong nine m ....n.4....r
111 7.1i 7.25: Diss. $ftll.oO.
Cattle Receipts, 112. Dull. Prime
steers, $S.2C(jS.75; medium to choice, $6.25
7 25; common to good. $56; best cows
and heifers, $6.504j 1 ; medium to choice,
$54! 6; common to good, $3.S064.5B; bulls,
$.1ti0; calves, light, $1112.50; heavies,
$6(67.50.
Mar..
May.
May.
July.
PRICES OF WOOL ARE MAINTAINED I May.
uir .
WHEAT.
High. Low. Close.
$1.72 $1.07 $1.67
1.02Vi l.f7 1.57V
CORN.
.71 "i .69 'i .69
.73'i .71 'i .71
OATS.
.4Vi .4 .45V4
.46 .45 .45
American Woolen Company Cleans I'p
lotrge Lot of Woils,
BOSTON, Feb. 18. The Commercial
Bulletin tomorow will say:
"There has been a moderate demand for
wool this week and prices are firmly
maintalnMl Th, f t, U f 11 ' nf .ho U'u.l'a I M,V.
LONDON, Feb. 18. Bar silver, 33d f new.s u the cleanup of about 120O bags of July
Mar.
May.
July.
Open.
$1 67
1.57
.69 '4
.71
.44
.45
MHSS PORK.
LARD.
12 10" 12.27 12.07
12.45 12.62 12.45
SHORT RIBS.
11.22 U-3T
21. 15
12.1S
12.60
11. SO
11.65
Der ounce.
Money, 5Vi per cent: discount rates,
short bills, 7 per cent; three months' bills,
6f 6 13-16 per cent.
Foreign Exchange.
Foreign exchange rates at close of busi
ness yesterday, furnished by I.ortnwestern
National bank of Portland. The amount
quoted is the equivalent of the foreign unit
in United States tunds:
Rate
Cheques. Post Rem.
Austria, kronen
Belgium, franc
Bulgaria, leva
Czecho-Slovakia. kronen.
Denmark, kroner
England, pound sterling.
Finland, finmark
France, franc
Germany, mark
Greece, drachma
Holland, guilder
Hungary, kronen
Italy, lire
Jugo-Slavla, kronen ....
Houmania, lei
Serbia, dinera
Spain, peseta
Sweden, kroner .....
Switzerland, franc . . .
China
Hongkong, loc. cur.
Shanghai, tael
Japan, yen
$0.0027 $0.0031
.070 .0764
. .0138 .0137
. .0137 .0141
.1842 .1846
3.895
.0348 .0347
.073 .0734
.0173 .0177
.0767 .0771
.3446 .345
.0024 .0028
.0372 .0376
.0074 .0078
.17113 .1767
.1105 .1101)
.0147 .01.11
.029 .0294
.1416 .142
.226- .227
.1666 .167
.49
.67
.49
SEATTLE. Feb. 18. Eggs Select local
ranch eggs, white shells, 3uc; ditto mixed
colors, 34c; pullets. 2Sc.
Butter City creamery in cubes. Sic;
Receipts of live poultry continue very 0,00 4'.
mail, and with the demand good, prices a-e. 35 tj 40c.
NEW YORK, Feb. 18. Exchange heavy.
Sterling, demand $3.8644. cables $3.87Vi;
francs, demand 7.19o. cables 7.21c; Belgian
franca, demand 7.7oc. cables .62c; guild
ers, demand 34.20c; cables 34.30c; lire, de
mand 3.64c; cables 3.66c; marks, demand
1.04c. cables 1.6ac; oreece, demand i.c;
Argentina, demand 35.53c: Brazilian, de
mand 16.12c; Montreal. 13 per cent dis
count.
Foreign Bonds,
Foreign bond quotations, furnished by
the Overbeck Cooke company of Portland:
Bid. " Ask.
Russian 5s, 1921..: 13 " 14
Russian 6s. 1926 Vi 11
Russian 6s. 1911) , 15 16
French !K 1931 57 88
French 4s, 1917 , 49 Bl
French 5s, 1920 69 71
Italian 5s. 1918 , 27 28V4
British 5s. 1922 3SS 399
British 5s, 1927 ,.,.377 301
British 5s, 1929 307 381
nriusn vay h ..... .a...... . -"a .", ,
i.-K , .1- ! "RO I
UelKlum rest 3. ... 67 6sVi
noils by the American Woolen company,
which are thought to be for overcoating
purposes.
Cash prices were:
Wheat No. 1 red. $2: No. 8 red. $i
Corn No. 3 mixed, 67o; No. S yellow,
.. . . . -, , I Ana. v 7 1
tne ps. "'"" f. y " ,?n7" v ? white. 45i4'.ic: No. a
the senate has made the market a little
nervous, although the concensus of opinion
is that the bill will not become a law.
Some orders sent abroad, however, have
been called in."
Scoured basis Oregon: Bastern No, 1
staple, 80U0c; eastern clothing, 6570c;
valley. No. 1, 65fcl70c.
Territory; Fine staple choice, S090c;
half-blood combing, 75tiS0c; three-eighths-blood
combing, 53gi5Sc; quarter-blood
combing, 4548c; fine and fine medium
clothing. 05&'7oc.
Pulled: Delaine, 95c$l; AA, B0c$l;
A supers, 70 it 80c.
Mohair: Best combing, 3032c; best
carding, 25&27c.
white. 44 45.
Rys No. 2. none.
Hurley 020 7c.
Timothy seed $4.5fl5.75.
Clover seed 1 18 17.
Pork Nominal.
Lard $11.55.
Ribs $10,754? 11.60.
Primary Receipts.
CHICAGO. Feb. 18 Primary receipts
wh.., uiooo bu. vs. 802.000 bu. Corn,
767,000" bu. vs. 1,047,000 bu. Oats. 451,000
bu. VS. Bl.UUV ou.
Shipments wneat. sii.ouo ou. v. ..i,,-
000 bu. Corn, 503,000 bu. vs. jii.uoo nu.
Oats, 348,000 bu. vs. 433.000 bu.
New York Sugar Market,
NEW YORK. Feb. 18. Raw sugar. 5.77c
for centrifugal; refined, 7.50c for fine gran- 1 $1.83; July, $
ulated.
Winnipeg Grain Market.
WINNIPEG. Feb. 18. Wheat,
SV4.
March,
Read The Oregronlan classified ads.
Minneapolis Grain Market.
MINNEAPOLIS, Feh, 18 Wheat. March,
Cotton Market.
NEW YORK, Feh. IS. Cotton Spot,
quiet. Middling, 1,140c.
Saturday Train Susjiemlod.
EUGENE, Or., Feb. 18. (Special.)
The Southern Pacific company yester
day announced that until furtlier no
tice the Saturday night special train
from W'cndlinir to KiiBene villi be
discontinued. Thin action waa Liken
on account of tho closing- down of
the ifooth-Kelly milltt and logging
camps at and above Wcndling". It I
presumed that tho train aervico will
be resumed when the mills and camps)
start un nsrHin.
WK OFPKR OUK A IXOTM KKT IV
THK SYXDIC.1TK
Republic of Chile
8
20-YEAR SINKING FUND
GOLD BONDS
Redrrmnblr at 110 I P t If"! and
at 10.1 t'p ta and Inrloalna;
Data at Maturity
PRICE
99 AND INTEREST
"Robertson &Eving
INVCSTMEMT IfOJSTTItf
tOt- NOITXHW EXTERN BANK BL06. Haaessuljss)
"Ship m Water"
WILLIAMS LINE
Direct Service Between
Savannah, Charleston, New York, Baltimore
Portland, Oregon
S. S. WIIXFARO leading Date Feb, 17
Regular sailings every twenty days.
VJLLAMS STEAMSHIP COMPANY, Inc.,
Head Office; 44 Whitehall Street, New York.
Freight- Pier 32 East Kiver, New York.
A. C. CALLAN, Agent
414 Oregon Bldg. , Broadway 330
HERRIN & RHODES, INC.
Railway Exchange Bid. Vain tiS.
Uslabllshed 1896.
Seattle, l'ortland, Tacoma.
Fast private duplex wire coast to
coast. Stocks, Bunds, Grain, Cotton.
Foreign Exchange.
ALL MAURETAH1JS SKCURITIES,
Members Chicago Board of Trade.
Correspondents K. P. Button & Co.
Mem beta
Nsar York Stock Kxchange.
Kcw York Cotton Kichange.
New dricans Cotton Kitcliango.
LIBERTY ANU VICTORY BONDS.
Headquarters for buying an4 selling
all Issues. Large or small lots.
TRAVKI.KKS' firing,
Matson Navigation Co.
U. S. S. B. STEAMER
HOLLYWOOD
Loading freight at PORT OP
ASTORIA, March 12, for HON
OLULU, KAHULUI and HILO.
For rates and further particu
lars, apply to Traffic Manager,
Port of Astoria.
AUSTRALIA
KEW ZEALAND ANT BOTTTI 8KAS
via Tahiti and Raratonga, Mall and pav.
M-nger aaprUia Iron, aaa franoisoo avary
28 dart.
C.MOK 8, 8. CO. OF KEW ZEALAKD
tM California BL, Ban Fraaelaea,
oc Isnsd awamshlp and railroad agaaeiea,