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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (April 5, 1921)
21 TTIE MORNING OREGOXIAN, TUESDAY, APRIL 5, 1921 I: if m E Ierate-dzed lou were bought by dealers bar at 17 cents. ........ IT HIDES Bank Clearings. Bank elearlnss of the northwestern cttlea were as follows: Clearlnrs. $6.1 7.1,750 . 5.8H2.0O3 1.178.335 1,874.30ft Portland . Seattle ... Tacoma. Spokana . Balances. $1.37053 2.550.021 74.IX11 640.570 Local Market Is Down to Cent Buying Basis. DEALERS' DEMAND SMALL PORTLAND MARKET QUOTATIONS. Grain, Floor and Feed. Merchants' Exchanca, noon session. Bid Wheat Aorll. May. 11.13 1.15 1.15 1.10 1.10 1.10 SELLIN6 Wm LIST ALL CLASSES OF STOCKS YIELD TO PKESSURE. Packer Stock at Chicago Soils at Sharp ReductionsInterest In Foreign Hides at Low Ebb. There Is a moderate movement In the local hide market at low prices. Country butchers are heavily stocked and would Ilka to dispose ot their holdings, bat the dealers are not keen to take on more supplies, even at the very cheap rates prevailing. Those that are In the market are paying 4 cents delivered for saHed country hides, S cents for grubby hides, ! cents for city calfskins. 8 cents for country skins, 6 cents for sood' kip and 4 cents for grubby kip. These prices, which are based on eastern values, are the lowest ever known In the hide market here. An Indication of the course of The east ern hide market la seen In the latest sales of packer hides, as telegraphed from Chi cago, where 90,000 native, no branded, Jan-nary-February-March hides sold at 7 cents Hard whits 11.15 Soft white 1.13 White club , 1.14 Hard winter 1.10 Northern sprine; 1.10 km w ana i.iu Oat No. 2 white feed. .....80.00 30.00 FLOUR Family patents, $9:' bakers' bard wheat. 17.85; bakers' bluestem pat' enta, 17.35; valley patents. S6.50; whole wheat. 17.40: grabam, fl.zu. MILI.FEED Prices f. o. b. mill: Mill run. 129 per ton: spiled barley, $40042 rolled oats. $42; scratch feed. $53 per ton. CORN Whole, $38; cracked. $41 per ton. HAT Buvlnr orlces f. o. b. Portland alfalfa, $19 per ton; cheat. 22 4j23 per ton; clover, $16; valley timothy, $2otf2S; eastern Oregon timothy, $26. Dairy and Country Produce. BUTTER Cubes, extras, 85c: prints. parchment wrapped In box lota, 39c; car tons, 40c Butterfat. buying price; A grade, 35c: B grade, 33c; Portland de livery. Etius Buying prices, clean, zic; case count, 17a lbc delivered; Jobbing prices to retailers, candled ranch, 2324c; selects. 227c. CHEESE: Tillamook triplets, price to Jobbers t o. b. Tillamook, 33c; Young Americas, 34c lb. POULTRY Hens. 20 25c lb.: ducks. nominal; geese, nominal; turkeys, nominal. POKK Fancy, lotto per pouna. VEAXi Fancy, 15c per pound. . Fruits and Vegetables, FRUITS Naval oranges, $3.505.B0 box; lemons, 3 504.75; grapefruit, 3.258.25 per box: bananas, lusriio per pouna; ap delivered. 60,000 branded hides at 6 cents pies. JIMIM PfJox. and 20.000 kips at S cents for the branded and 8 cents for the free of brands. -The eastern market for Imported bides shows no Improvement whatever. Trade advices from Chlcsgo say: "Foreign hides are marking time. Dry varieties seemly are not wanted ' In any description. There Is practically no de mand from large buyers tor common dry bides or other selections, although some small tanners are looking over the market for dry salted lota that can be picked up at bargains Regular lines of Orlnocos, Bogota, etc, are strictly nominal, and buyers' views ara considerably under the Ideas of holders Even River Plate frlgo- rlflco steers, which have been a banner end of the general market right along, are lower, with latest sales at $35 to $35.50, Argentine gold, per 100 kilos." JEASTEKX BCTTEB 18 STRONGER But I sa ports From Denmark May Cease, Production Is Increasing. astern butter marketa turned very firm toward the latter part of the week. The drop Monday was due to sentiment only on account of Danish arrivals and there was an equally sharp recovery Tuesday. Domes tic butter was extremely short, especially cars of centralized. A few cars of Cali fornia butter arrived at Philadelphia and some are en route to eastern marketa They could have used more, but prices now are high for safe purchase. Shortage and firmness was a surprise to many, although April is generally short early. Good markets look possible for a weak to ten days until the shortage Is made up. The outstanding feature of . the San Francisco market last week was the sharp npward turn during the latter half, due to the heavy and unexpected eastern demand. Reports tbst Danish shipments hsd ceased and that England bad raised restrictions on butter consumption and would use all Danish exports caused eastern dealers to look to California for fancy fresh butter. From Friday to Friday there was a con tinued fluctuation in prices and trading conditions changed practically every day. There was slight net change In quotations and there waa an advance ot only a for the week. The tone of the market was weak Monday, firm Tuesday following a good Pacific Coast demand, weak again Wednesday up until the eastern demand practically cleaned up surplus stocks. v hile dealers were unable to fill all or ders from New Tork, Philadelphia and Boston, prices did not advance aa rapidly as might have been expected, as dealers were uncertain as to how long the eastern demand wouldd continue and wished to keep prices steady In order to encourage shipping businesa Without outside de mind, the San Frannlarn markof wnttM have been In poor condition, due to heavy "ire ience Along riigliway 10 lie receipt Cold storage holding, .how an Removed Because of Accident. Increase, but most of the movement was I in ahort held lota HOOD RIVER. Or., April 4. (Spe clal.) After a conference with tho II IS OFFERED FOB MILLING WHEAT state highway department, J. R. Nickelsen, in charge of maintenance light Bantams Is Reported at Country of tho Columbia River highway be- Point.. RI,Min. u. i I tween here ana jascaae .uucks, siatea Points, Local Bidding Resumed. . , barbed wlre fence Wheat buying at country points was not I .in,, ih, nivimtnt near Wveth will jeaitruay, accoraing to reports re-1 be removed at once and replaced with ceivea at local orrices. Bids were around I wooden fence. the dollar mark for the best milling A serious accident resulted along grades. At the Merchants' Exchange wheat I the wire stretch recently when a bida were again posted, but they were mntnrcvcle sidecar became detached to 10 cents lower than those made last I and both the motorcycle and sidecar Thursday. W(,P- hurled into the barbed wire, the According to Chicago reports, 1,000,000 nmmants of the machine sustaining susnsis. oi wneat ana suu.vuv Dusnels or I had CUtS. aya were taaen ior export. Also a quan tity or flour by Scotch buyers. A bearish exporter Just returned from Europe pre dicted the new crop would be handled under a dollar. World shipments of wheat and flour lust week were equal to 10,819.000 bushels. against 10,744.000 bushels in the prevolus week. Since July 1 shipments aggregate 338.757,000 bushels. Terminal receipts. In cars, were reported by the Merchants' Exchange as follows: Wheat. Barley.FIour.Oats.Ha; VEGETABLES Cabbage, 34o per pound; lettuce, 3.50&4.75 per crate; car rots, $1.25 per sack; garlic, 1520o pound; beets, $1.23 per sack; cauliflower, $1.50 per crate; celery, $6&6.&0 per crate; green peppers. 30&45C per pouna; rnuoaro, iuc per pound; spinach, 89c per pound; turnips, per sacx; sprouts, iutu-oi: per pound: tomatoes, $4.75 per lug; cu cumbers, $26 3 per dozen; peas, 14 15c pound: asparagus. lliVi<ic per pound. POTATOES uregon, 911.-3 per iuw pounds; Yakima, $1.50 1.75; sweet pota toes, $3.50 per hamper. ONIONS Oregon. 75c(g$l-- Per sack. Staple Groceries. Local lobbing Quotations: SUGAR (sack baslsiT Cane granulated, 8!&c Per pound; beet. 9.150 per pound. NUTS Walnuts, 2Zj3ttc; Brazil nuts. 27c: filberts. 12c: almonds. 2S2tfc peanuts, 710c per pound; cocoanuts, per dozen. HU.Nm uomD. if. 70 per case. RICE Blue Rose. 640 per pound Jaoan style. 4qio per pound. BEANS Small white, ofec; large wnite, 5 Ho; pink, 714c; lima, Biie; bayou, llfco, red. 7c ner uound. COFFEE Roasted, bulk, in drums, 143oc per pound. SALT Granulated. Dale, ij.ounri.zo half ground, ton, 50s, $17.75; loos, $15.50 lump rock. S28. DRIED FRUITS Italian prunes, 6o pound; dates, 4.258.85 per box;, figs, $25.25 per box. Provision. HAMS All sizes, 30 37c: skinned, 26 S6c: picnic, 17lc; cottage roll, 30c BACON Fancy, 43053c; choice, 800 35c: standard, 262Sc. LARD Pure, tierces, 170 pound; com. oound tierces. 12c. DUX salt hscks, zzvzsc; pistes, ioc. Wool, Hops, Etc WOOL Nominal. TALLOW No. L $4c; No. 2, 2V43c pound. CASCARA BARK 19'20 peel, 7c pound; new peel, oc ner pound. HOPS 1920 crop. 15 20c per pound. HIDES SaUed country hides. 4c dellv ared Portland;, grubby bides, 3c; city calf skins, 10c; country ,calf skins, oc; good kip. Be; grubby kip, 4c AlUHAin iew cup, xic per puuuu. GRAIN BAGS Car lota, 70, coast. - Oils. - LINSEED Oil Raw, In barrels, 4c; 5-gallon cans, $1.09. Boiled, in barrels. 96c: 5-railon cans. $1.11. TURENTI.Nji In drums, 94c; 5-gallon cans. $1.09. COAL OIL Tank wagons ana iron barrels, 17 He; cases. 30 & 37c GASOLINE Tank wagons ana iron barrels, 3oc; cases, 42 hie. Cotton Market. NEW TORK, April 4. Spot cotton quiet Middling, ll.5c Rally in Last Hoar, When Shorts Cover Because of Decline in Call Money Bate. NEW TORK, April 4. The stock mar ket today resumed its reactionary and sluggish course, several leaders breaking Into new low around. The stronger bank position, as disclosed Dy tne higher ratio of gold reserves flew by federal reserve institutions, and a com prehensive survey of business conditions Indicating an inceaso of production, evi dently were not regarded as strong factora Steels, equipments and related shares yielded to pressure, probably because of an Increasing belief that price and wage reductions ara inevitable. Inconspicuous specialties were back' ward. Passing of the American Beet Sugar common dividend seemed to have been discounted by last week's reversal. A marked change for the better came in the. last hour, prices rallying 1 to 2 points as shorts covered on the 44 per cent call money rate in the open market, although 6 per cent was the lowest rate quoted on the exchange. Sales wer 635,000 shares, Rates on London were fairly steady, and the Paris rate reacted only moderately. Scandinavian remittances were heavy, as were also the Greek quotations. In the dull bond market changes were mainly downward. Pennsylvania railroad general 4s made a new low price at 771a- Total sales (par,value), $8,250,000. CLOSING STOCK QUOTATIONS. WOOD TO REPLACE BARBS Portland Msn. Tear ago 37 Season to date.l3t.0 Tear ago Tacoma Sat... Tear ago Season to date. Year ago Seattle Sat Y'ear ago Season to date. Year ago 75l6 11 11 3!K8 62t.ll 2 10 40S3 5422 226 171 1 'is 77 1 ii'is 234 5 30 679 3471 1 2" 813 2737 3 5 827 BUS 472 418 122 163 873 631 19 13 2109 lttSl .... 81 763 4 2 1207 1133 DAILY METEOROLOGICAL REPORT. PORTLAND. Aoril 4. Maximum tem perature, 54 degrees; minimum, 32 degrees River reading, 8 A. M 7.1 feet: change in last 24 hours. 0.1 foot fall. Total rainfall ir. P. M.. to 5 P. M.). llone: total rainfall since September 1. 1020. 41.34 inches; nor mal rainfall since September 1. 37.20 Inches: excess of rainfal lslnce September 1. 1!20, 4.14 incliea sunrise. o:a a. si.; sunset. 6:43 P. M. Total sunsnine April 4. 7 hours 35 minutes; possible sunsnine. 12 hours 58 minutea lloonnet Tuesday. 4:19 P. M. ; moonrise Wednesday, 4:48 A. M. Barometer (reduced to sea levell at 6 P. M., 30.25 Inches. Relative humidity at 5 A. M., 90 per cent; at noon, oo per cent; at 5 P. M., 33 per cent. THE) WEATHER. ' Sales. Am Beet Sun. 4.400 American Can 9oo Am C & Fdy. 500 Am II & L Dfd 400 Am Int Corp. 2,600 Am Loco 600 Am S & R... 1.900 Am Sugar ... 3.3V0 Am Sum Tob. 6.0(10 Am TAT... 1.600 Am Woolen .. 10,500 Ara Z. L & S. 100 Ana Copper... 2,300 Atchison .... l.ttou A. G & W I. . 13.1100 Baldwin Loco. 13.000 Bait & Ohio.. 1.400 Beth S "B" . . 7.600 B & S Copper 100 Cal Petroleum 800 Cana Pacific. . 300 Cent Leather. 7.100 Chahd Motors 4,100 Chesa & Ohio. 4O0 C. M & St P.. 1,700 hi & N W 100 C. R I P.. . 1,300 Chlno Copper. 1,00 Colo F & I... 200 Corn Prod... l.Soo Crucible Steel. 18.400 Cuba C Sug.. 1.000 Erie 1,3"0 Gen Elec 500 Gen Motors... 20,000 Gt Nor pfd.. 1,5)0 111! Central... 20 Insp Copper.. 7oo I M M pfd... 300 Int Nickel.... 100 Int Paper ... 1.BO0 K C Southern 2.500 .Kenn Copper.. 1.000 Mexican Pet. . 53,300 Miami Copper Mid States O. Midvale Steel. Mo Pacific... N Y Central.. NY. NH & H. Nor & West. Nor Pacific... Okla P & R. . Pan-Am Petro Penn Pitts & W Va Ray Cons Cop Reading ' Rep I & S. .. . R Dutch N T. Shell T & T.. Sin O A R.... Sou Pacific... Sou Railway.. S O of N J Pf Stude Corp... Texas Co Tex & Pac Tob Prod Trans Oil Union Pacific. U S F Prod.. U S Ind Alco. U S R Stores. XT S Rubber.. U S Steel do pfd Utah Copper. . West Union... West Elec... Willys-Over ..- 300 2.400 5.500 1,300 700 1.600 1.000 2,200 1.000 9.800 . 5.500 500 1.900 6,100 High. 2SV4 121 44 421 8514 3614 9014 74 105 7114 814 3614 7Uli 35 'S714 3314 65 1154 42 11214 3714 7S 5814 24 62 26 20 2S 72 84 2114 1214 136 1314 71 86 3014 5014 1414 !t5 142 1714 1314 20 44 1714 69 17 94 n 3"4 as 14 2614 Ills 68 vk 5,200 r 64 6..M10 611 300 6.500 6,400 600 600 SI. 100 8.500 LSoO 1.509 3,600 2.S00 100 1.000 2.000 S.600 25,600 400 1,900 200 400 30 14 23 7414 2014 108 74 40 21 45 1014 11614 2114 6 4914 70 80Z 109 47 8814 47 -0O-. 814 Last . Low. Sale. 3614 8714 214 2814 121 121 43 43 41 41 85 36 36 85 90 72 74 105 105 69 71 8 8 35 S61 78 78 84 3o 85 87 83 33 54, 5514 11 11 41 42 112 112 85 35 77 7S ' 6S 5S 24 24 62 62 25 25 19 20 28 28 71 72 81 83 20 21 12 12 136 136 13 13 71 71 86 86 30 30 50 60 14 14 54 55 24 24 16 17 135 137 17 1714 13 13 28 2S 17 17 68 69 16 17 . 94 94 77 77 3 3 66 68 34 -34 25 25 11 11 66 67 63 64 60 61 36 39 22 23 72 . 73 20 20 108 108 72 74 40 40 29 21 45 .45 9 9 116 116 21 .21 64 65 48 48 69 ' 69 79 80 109 109 46 47 8S 88 47' 47 8 8 Portugal, escudoa .087 Roumanla, lei .0145 Serbia, dlnara 029 Spain, pesetas . .1411 Sweden, kroner 235 Switserland, francs i.... .174 China Hongkong, local currency.. .4735 Shanghai, taels 64 Japan, yen 485 NEW TORK, April 4. Exchange Irregu lar. Sterling, demand, $3.90; do, cables, $3.91; franca demand. 6.97c: do. cables. 6.99c; Belgian "francs, demand, 7.27c; do, cables, 84.44c; lire, demand, 4.13c; do, ca bles, 4.15c; marks, demand, 1.61c; do, ca bles, 1.62c; Greece, demand, 7.49c; Argen tine, demand, 83.5c; Brazilian, demand, 14.5c; Montreal, 11 per cent discounU.. ' Kwl ft 2 Cj RtAcka. Closing price for Swift A Co. stocks of Chicago were reported by the overoec Cooke company of Portland as follows. Swift A Co 101 Llbby. McNeil A Llbby 10 KaKnnal l.lh,r ..... O Swift International 25 QUOTATIONS ON -DAIRY PRODUCE Market Price Ruling on Batter,. Cheese Hid. F-CXS. SAN FRANCISCO, April 4. Batter Extras. 37c; prime firsts, 3S14C EiriM Fresh extras. 2Sc; extra firsts, 57c: firsts, nominal; dirties, 2ic; extra mi lAtM. 27,fl: undersized. Z40. Cheese Flats, fancy. 23 c; flats, firsts. 21c; Young America, fancy, 25c; firsts, 18c CHICAGO, April .4. Butter Higher creamery extras. 48c: standards, 46c Eggs Lower. Receipts, 20,520 cases firsts. 2323c: ordinary firsts, 20 21c at mark, cases Included, Zlgpo. SEATTLE, April 4. Eggs Select local ranch, white shells, 2930c: dittor mixed colors, 27 W 28c; pullets, Z39zsc. Butter City creamery In cuoes, bricks or prints, 43c; country creamery extras cost to jobbers, in cubes, sue NEW TORK. April 4. Butter, firm creamery higher than extras. 5152c creamery extras, 6151c; firsts, 460 f0c; packing stock, current make No. 2, 21c. Eggs Steady: fresh gathered ' extra firsts, 29 30c; firsts, 2629c Cheese Firm: state whole milk flats. held specials, 2729c: state whole milk flats, fresh specials, 23924c SA3T FRANCISCO PRODUCE MARKET Prices Current on Vegetables, Fresh Fruits, Ete.. at Bay City. SAN FRANCISCO, April 4. Vegetables Asparagus, 87c; squash, cream, 65 5c; potatoes, street prices, rivers No. 1, $1.902.25; sweet potatoes. $3.00$6.50 new potatoes, 69c: onions, Australian brown, 60c; green, $1.25 1.60; celery, nom Inal; s;arlic, 68c; cauliflower 40 Q 75c dozen; cabbage,- lc per pound; bell pep pers, Los Angeles, 10 25c; turnips, 50c $1.00; beets. $1.0001.50: parsnips. $2.00 2.25; carrots, 75c Q $1.00; peas, 4p8o: rnu barb, Alameda, $1.2a1.75; lettuce, $1.5G 2.00; artichokes, $5.o07.00 orate; spin ach, 84c Poultry Hens, 25i?37c: strictly young roosters, 40i44c; old. 2022c; fryers, 65C0c; broilers, 40 50c: ducks, S035c; squabs, 60S 65c; pigeons, $3.0003.60 dozen; Bilgian hares, 23g25c; Jackrabblts, $3.00 63.50 dozen: turkeys, nominal. Fruit Oranges, navel, $2.004.75 box; lemons, $2.008.50; grapefruit, $1.50S.50 tangerines, $1.503.50; apples, $1.753.0; bananas, 910c; avocadoes. $4.0O8.O0 strawberries. Imperial valley and Los An geles, $4.o0ip4.75 crate; Peninsula, $2.00 2.2o drawer. Receipts Flour. 1000 quarters; oats, 800 centals; beans, 1353 sacks: corn. 805 cent als; potatoes, 3040 sacks; hay, 486 tons hides, 868 bundles. ALL LrVESTOGK IS WEAK CATTLE ARE 25 TO 50 CENTS LOWER AT JTORTH PORTLAND Hog Market Declines Half Dollar. Ran Over Sunday Is 103 Loads. Metal Market. . NEW TORK. April 4. Copper quiet. Electrolytio and nearby, 12 c; May and June, 13c. Iron nominal. No. 1 Northern, $28: No. A Northern, $27; No. Z Southern, $25. Tin steady, spot and nearby, 29c: fu tures, 29.50c Antimony quiet. Spot, 5.12&5.25C Lead quiet. Spot, 4.25c. - Zinc easier. East St. 'Louis, spot. 4.65 .70c Ex-Dlv. U S 2s reg. . do coupon U S 4s reg. . da coupon Pan 3s reg. . do coupon A T A T cv 6s Atch gen 4s BONDS. '.99 IN T C deb 6s.. 88 .99N P 4s 76 104 N P 3s 53 104:Pac TAT 5s..83 .78!Pa con 4s.... 85 .'7Sii S P CV 08. u'JMiiSO rty as 03 7 U P 4S 80 D A R G con 4s 63U S Steel 5s. 95 Bid. Mining; Stocks at Boston. BOSTON, April 4. Closing quotations Aliouez 17 lOold Dam ...... 17 Ariz Com 7 Osceola 23 Calu A Ariz ... 42IQuincy 37 Calu A Hecla..212 Superior 3 Centennial .... 7 Sup A Boston... 1 Copper Range.. 29Shannon . 1 Kast uutte ... l-fcjuian Lon ...... a tranKiin i-;vvinona ........ ou Isle Royalle ... 17 IWolverine 10 Lake copper... zitiranoy con ... 20 Mohawk 44 I Greene Can .... 17 North Butte . .-. 81 Liberty Bond Quotations. NEW TORK. April 4. Liberty bond quotations closed ss follows: Liberty 3s... 90.26 1st 4s 87.56! 2d 4s . 87.00! 1st 4s 87.70 2d 4s 87.02 Lib. 3d 4a... 90.16 4th 4s 87.1 Victory 3s .. 97.54 do 4s 97.64 Money, Silver, Ktc NEW TORK, April 4. Prime mercantile paper. 7 7 per cent. Time loans steady; 60 days, 90 days and 6 months. 67 per cent. Call money easier; highest, 6 per cent lowest. 6 per cent: ruling rate, 6 per cent; closing bid, 6 per cent, offered at 6 per cent; last loan, 6 per cent. Bar silver Domestic, 9Uc; foreign 57c. Mexican dollars, 43 c. LONDON, April 4. Bar silver, 33 'l-3d per ounce. Money, 5 per cent. Discount rates, short bills, 5 6 per cent. Foreign Bonds. Foreign bond quotations furnished by the Overbeck A Cooke company of Portland: Bid. Asked CUBE BUTTER SENT OU.T OF TOWN Lower Price Enables Dealers to Make J Shipments. Print butter moved out well yesterday at the new selling basis, but there was not much demand from the local cream eries for cubes. The lower price enabled holders to ship to outside markets. The egg market was steady and the - large receipts were readily taken, buyers paying 17 and 18 cents, case count, and 21 cents for clean stock. There was very little Inquiry for poultry and the market was weak, light hens selling at 2U cents, while 25 cents was asked for heavy hens. ' Country dressed meats were also slow. STATION3. V, ind Deerrsuie in Wheat Visible. The American vitlble wheat supply statement compares aB follows: Bushels. Decrease. April 4, 1921 20.711. OOO 2.2:18. OrtO April 5, 102O .44.787.(HH 1,109, OOO April 7, 1919 85,054,000 7.485.OO0 April 8, 1918 4,696.000 6S6.0VO The corn visible is 32.896.000 bushels, an Increase of 827,000 bushels: oats. 33.1Ki2,0O0 bushel, a decrt-ase of 911.000 bushels: rye, 1.7P0.0O0 bushels, a decrease of 11,000 bushels: barley. 2.1rtO.(MH) bushels, an In crease of 63.0O0 bushels. , -, Asparagus In "Large Supply, There were liberal express receipts of asparagus yesterday and the market was lower at 12 and 13 cents for the bulk of the offerings. Jobbers look for smaller arrivals during the next few days, as the California canners have begun to buy. Mohair Bought- a 17 'Cents. Mohair shearing Is general In the west ern counties of the state, but little of the new dip Is changing hands. A taw mod- Baker , . Baker ..... Boise ..... Boston .... Calgary . . , Chicago ... Denver ... Pes Moines Eureka ... (JaJveston . Helena ... Juneaut .. Kansas City. Los Angeles. Marshfiold Meitford Minneapolis New Orleans New York North Head Phoenix ... Pocatello Portland .. Roseburg .. Sacramento. St. Louis .. Salt Lake.. San Diego.. S. Francisco Seattle Kitkat Spokane .... Tacoma .... Tatoosh Isd.l Valddezt ... Walla Walla Washington Yakima .... . etaoinl.lU2Uws:4SibehlU 3S!0.0014iN Wlt'loudy 44 0.02!20;.VW("loudy 60-0.001. .IKK Pt. cloudy 2S0.04;i2;N K'lear 780.00il6i.S IPt. cloudy 70 0. 00! . .INE Clear 7S O.OOIlOiS - Clear 4X.0.0040IN Clear 74 0.00116-SB Cloudy 34:0.061.. NW Know 42,0.221 . - IS Pt. cloudy 7j0.0Oil41SW IPt. cloudy RH O. 14; ItllKW It lear Russian 514s, 1!)2t... Russian 5s, 1926... Russian 6s, 1919... rench 5s, 1031.. ... French 4s, 1917 French as, 1920 Italian 5s, 1918 British 5s, 1922 British 5, 1927 British 5s, 1929. British vky -4s British ref 4s frelftium rest 5tf... .. Belgium prem 5s.... German W. L..5S.... Berlin 4s Hamburg 4s Hamburg 48 Leipsig 4s ........ Leipsig 5s .......... Munich 4s Munich 6s Frankfort 4a Jap 4s : Jap 1st 4s Jap 2d 48 Paris sixes ......... U. K. Bs. 1921 U. K. 5s.vl22 IT. K. 6s, l!i'2i U K 5s, 1937 .. 18 .. 12 . .. 20 .. 64 . . 45 .. 66 . . 30 ..3S7 . ..372 ..370 ..299 ..269 .. 66 .. 70 .. 12 .. 12 .. 14 .. 14 .. 14 .. 14 .. 13 .. 1 .. 13 .. 4 . . 82 , . 82 ,. 97 .. 99 . 94 , ..88 ..85 21 14- 22 55 48 67 31 397 3S4 382 311 281 68 72 13 131, ' 15 15 15 15 39- 17 64 82 82 97 99 85 . 89 85 52!0.30il2INW 5010.04 14I.NW 82 O.OO1I8IS 76 0. 00!. .ISB 76 0.00 34'S 411:0. 00I18INW 62'0.02!12:E 241 320.0624-SW 32 54 0.00I..INW 30 5210.00 .. N 42 60iO.OO24!NW 54 7H!0. 0020:s 40l 4610.1SI12LV 501 50 0.02'14 V 421 neiO.QUMiNW 31 50:0.00 .. W I 34142 0.141. .1. . .. S'-'l .V2 o.'ool. . i.V 401 48iO.OOI10SW t34iO.OO!..)N 520.0(1 ..W 7H 0.001. .Is 5(110. 00!20!NE Cloudy lJt. cloudy l-louoy Pt. cloudy IClear Cloudy Clou.iy -Snow Clear Pt. cloudy Clear k'leur Rain U'lenr Clear Clear . Snow !Cloudy Cloudy Cloudy hnow Pt. clondy Clear Clear tA. M. today. P. M. report of preceding day. ' FORECASTS. Portland and vicinity Fair: continued cold; heavy frost in the morning; north westerly winds. . Oregon and Washington Fair; continued eold; killing frost in the morning; mod erate northwesterly winds. Foreign Exchange. Foreign exchange ratestt 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: Austria, kronen , $0.0033 Belgium, francs 074 Bulgaria, leva 0133 Czecho-Slovakia. kronen 014 Denmark, kroner -1S2 F.nKlaml. pound sterling . . 3.935 Finland, fiiimark 027 France, francs .071 Germany, marks ..... ............. .01 67 Greece, drachmjis .0712 Holland, guilders 3455 Huncary, kronen 0043 Italy? lire 042 Jugo-Slavia. kronen 008 Norway, kroner 1614 Naval Stores. SAVANNAH, Ga., April 4. Turpentine steady, 62c; no sales; receipts 116 bar rels; shipments, 186 barrels; stock, 4516 barrels. Rosin steady; no sales; receipts, 898 bar rels; shipments, 670 barrels; stock, 81,186 barrels. Quote: B, D, E, F, G, H, I, K, M, $3.60; N, $3.75; WG, $4; WW. $4.23. New York Sngar Market. ' , NEW TORK, April 4. Raw sugar, 6.27c for centrifugal; refined 8c for tiua granulated. Dulnth Linseed Market, DTJLUTH, April 4. Linseed on track, $1.531.53; arrive, $1.52. There waa a good run ot stock at the yards yesterdsy, 103 loads being received. Eleven loads of cattle and three loads of hogs went through. Eight loads of Ne braska hogs came In as a direct ship ment. The market was weak In all Its divisions Steera and cows sold about 2550 cents lower, though choice steers are still quoted at $8. Hogs declined 60 cents to $11.60 top. . Sheep and lamb prices were . un-, changed. S.e1elpt" were 1784 cattle. 138 calves, 2050 hogs and 2576 sheep. iiio aays sales were as follows 990 950 1007 850 760 925 1045 12S0 10S5 946 1158 6 steers. 1 6 steers 26 steers. 1064 2 steers. 1380 8 steers. 1140 25 steers. 1212 25 steers. 1175 6 steers, 1170 19 steers. 1155 2 steers. 1033 3 steers. 1303 31 steers. 120 3 steers. 1006 21 steers. 1050 27 steers. 1035 26 steers. 1090 10 steers. 1002 24 steers. 1065 30 steers. 1071 15 steers. 1095 21 steers. 27 steers. IS steers. 5 steers. 2 steers. 27 steers. 27 steers. 25 steers. 15 steers. 6 steers. 7 steers. 11 steers. 1099 3 steers. 1030 2 steers. SS0 24 steers. 1090 17 steers. 1011 26 steers. 101)5 30 steers. - 808 22 steers. 1165 3 steers. 10S6 13 steers. 16 steers. 31 steers. 2 cows. . 3 cows. . 3 cows. . 3 cows. . 4 cows. . 23 cows. . 7 cows. . 5 cows. . 13 cows. . 8 cows. . 9 cows. . 6 cows. - 12 cows. . 4 colves. lcalf.. 1 calf. . 8 calves. 3 calves. 1 calf. . 1 calf.. 4 calves. 14 calves. 40 calves. 30 calves. 7 calves. 8 bulls.. 1 buTl.. Wat. Pr. 12U $ 6.25 I'.iS .50 6.50 7.40, 8 hogs. . 4 hogs. . 42 hogs.. 2 hoes.. 7.40! 26 hogs.. 7.75 3 hogs. . 6.7310 hogs.. 6.50147 hogs.. 7.00 7 hogs.. 6.00I2S hogs.. 0- (01 Ji nogs. 7.2; 6.75 6.75 6.7." 6.6.1 5.7,' 6.751 7.00 7.25! 7.50 7. 7.501 6.75! 7.00! 7.73 7.35 7.25 31 hogs. . 7 hogs.. 9 hogs. . 13 hogs. . 2 hogs. . 3liogs. 4 hogs.. 6 hogs. . 6 hogs. . 15 hogs. . 6 hogs. . 6 hogs, . 10 hogs.. 6 00 2 hogs. 603 915 928 1020 1103 1046 1213 977 993 1011 962 1181 ' 921 868 1124 930 315 147 hozs 4 nogs. ; 6 hogs.. 1 hog. ..- 6.00,23 hogs. . 6.75 2 hogs.. 7.001 5 hogs.. 6.00 5 hogs. . 7.001 1 hog... 8.00 1 hog... 6.00 1 hog... 7.33 1 hog... 6.26! 10 hogs. . 7.35 5 hogs. . 7.002H lamfcs. 6.85120 lambs. 6.40279 lambs 6.S5I 2 Iambs. 3.0fl;20 lambs. 5.5014O Iambs. 6.50 217 lambs. 7.251175 Ismbs. 5.00114 lambs. 6.75M01 lambs. 6.251151 lambs. 4.00 1 yearl'g 6.501106 y'rngs 4.75I56 cows. . Wit. Pr. 216 11.60 195 11.50 . 215 11.00 245 1050 175 11.50 816 9.50 169 11.50 178 11.50 328 9.59 100 11.50 122 12.00 171 11.70 157 11.70 164 11.70 106 12.00 105 11.50 203 11.50 127 11.75 125 11.75 130 11.75 140 11.75 140 11.50 182 11.50 80 12.00 175 8.50 148 11.50 222 lLO 230 11.00 430 7.0t 190 11.25 350 7.50 158 11.25 210 11.50 660 6.50 610 6.50 350 6 50 4(10 6.50 179 11.25 204 11.35 87 5.00 5.40! 5.: 6.7; 5.501 100 13.00! 130 13.00 137 12.5() 27 cows. , 5 cows. . 3 cows. . 4 cows. , 3 cows. . 1 cow. . , 1 cov 216 10.0014 cows., 170 12.00114 cows. . 140 lO.OOi Scows.. 117 12.00125 cows. . 172 9.001 1 cow. ., 157 8.00122 cows.. 276 5.50124 cows. . 165 10.00 2.1 cows. . 1 bull.. 1 bull.. 1 bull.. 1 bull.. 1 bull., 1 bull.. 1 bull.. 2 bulls.. 3 mixed. 29 mixed. 33 mixed. 46 hogs. . 2 hogs. . 1 hog.. 8 hoaa. . 84 hogs. . h boas. . 95 hogs. . 3 hogs. . 27 hogs. . 4 hogs. . 6 hogs. . 2 hogs. . 1 hog. .. 5 hogs. . 49' 1350 1130 10S0 15S0 2050 870 1560 1140 935 1040 1050 875 7.00! 4.25 5.501 4.501 4.40 5.001 4.00 2 cows. 3 cows.' 3 cows. . 6 cows. . 8 eows. 6 cows. . 129 eows. . 6.001 5 cows... 4.00! S cows. . 23 cows. . 28 cows.. 3 cows. . 4.00 4.00 5.00 6.501 9 cows. IBS 11.50 1 cow. .. 215 9.S0 1 cow. .. 300 11.5014.1 cows.. 323 S.50I 1 cow. .. ISO ll.SOlll cows.. 279 9.501 9 cows. . 155 1150 2 cows. . 233 9.50l2cows.. 185 11.50123 cows.. cow. . . cow. . . 2 cows. . 400 9.50) 1 bull... 274 11.00(126 lambs. 76 weth'rs 11..1IIIJ.1 300 9.50I 1 , 155 11.50 1 1 ISO 11.50) 2 87 82 100 49 4-5 85 87 102, 77 76 90 90 90S 904 820 1123 980 773 730 870 834 1105 1036 1077 900 809 1045 1135 945 83.1 1193 SS0 inno 941 1014 9S6 1002 1227 1065 923 872 1150 900 1023 R00 990 1054 ' 1010 863 995 800 1031V 975 1400 94 93 5.00 8.00 6.00 9.00 8.50 6.90 fl.90 6.30 8.00 8.00 .1.00 5.75 7.00 7.00 6.00 7.50 7.25 5.00 4.00 5.00 6.25 7.25 6.50 7.00 5.00 6.50 7.25 7.75 4.50 6 00 6.O0 4.00 8.00 5.00 7 Of) 6.75 7.50 8,00 7.40 4.00 25 6.25 6.00 7.25 6.00 6.00 7.50 6.25 6.75 5.00 6.50 3.00 3.00 6.00 7.25 5.75 The following prices are current at the local yards: Prices. Choice steers ...........:....$ T.50 8.00 Medium to good steers 6.75G 7.50 Fair to medium steers -. . 6.00O 6.75 Common to good steers 6.00 6.00 Choice cows and heifers 6.00(3 6.75 Medium to good cows, heifers.- 6.50 IP 6.00 Fair to medium cows, heifers. 6.00 5.50 Common to fair cows, heifers. 4.009 6.00 Canners 2.S0KI 4.00 Bulls 3.504 5.00 Choice dairy calves 12. 50W 13.00 Prime Iteht calves 11. OOiff 12.50 I Heavy calve .00a 7.50 I Best feeders 6 00 0 6.50 I e-. . r..i. n 6UUI 6.00 Prime light 11.00(911.50 Smooth heavy , 10.50-911.00 Rough heavy 6.00 9 50 Stags 6.O0W 9.50 r at pigs l i.uun 1 Feeder pigs 11.50 12.00 Sheep m AA Prime east.of-mountaln lambs 7.001$ 8 00 Valley lambs 5.50a .;a Heavy lambs, 90 lbs. and up.. .00 6.00 Feeder lambs B.00W 6.00 Cull lambs 4.00W 6.00 Yearlings 6.50a 6.00 Wethers 6.00' 5.75 Ewes 1.50 5.00 Chicago Livestock Market. CHICAGO, April -4. Cattle Receipts. 15.000; beef steers generally steady; early top, $9.83; bulk, $S.259.50; butcher she stock, steady to 15c higher; bulk fat cows and heifers, $5.307.75; canners and cutters largely $34.60; bulls steady; bulk bolognas, $4.50&; bulk beef steers, $5.25 6.25; calves, steady; undertone weak; bulk vealers to packers, $7.508; stockers and feeders mostly 25c higher. Hogs Receipts, 28,000. opening 15c to 2.1c higher; lights and light butcher, late, 10c to 25c higher; others unevenly steady to 15c higher; top, $10.25; bulk, 200 pounds down, $98-10.15; bulk 220 pounds up, $8.809.56-T pigs mostly 2&o higher; bulk desirable pigs $10. Sheep Receipts, 19,000: lambs generally 25c lower; sheep steady; one load 80 pounds wooled lambs early, to shippers $10.2.1, out of line: bulk tat wooled lambs, $9(3(9.73; shorn top, $9: bulk.. $88.75; good 100-nouad shorn awes, $5.75; wooled awe, top, $G.50; average about 115 pounds. Omaha Livestock Market. OMAHA. Anrll 4. Hogs Receipts, 7500, mostly steady to 15c lower; closing weak at decline; bulk of 180 to 240 pounds butchers. $8.859.25: top. $9.50; bulk strong weight butchers, 250 pounds and over, sa.ouw8.io; pacing graues, 8.25. Cattle Receipts, 4700: beef steera and she stock generally steady to strong; spots higher: too steers. $9.25: bulls, weak; veal strong: top, $9: stockers and feeders steady. Sheep Receipts, 11.000; lambs slow to 25c lower; early top light lambs, $9; soma held higher: sheep steady: ewe top, u. iu feeders steady, 66-pound feeding lambs. $8.23. Kansas City Livestock Market. KANSAS CITY, Mo., April 4. Cattle- Receipts, 13.200; heavy beef steers, ateany, others steady to 25c higher; top, $9.13 bulk, $8 8.75; Colorados, J8.50C9.15; she stock and calves, steady to strong; spots higher: yearling heifers. $8.60; best cows. $7; top calves to killers, $8; stock calves higher; good kinds, $8.23; canners ana bulls steady; canners generally $jo..3 stockers and feeders steady to 25c higher several loads heavy feeders. $9. Shee( Receipts, 10,000; slow; lamba 10 15o lower; top, $9.10. Seattle livestock Market. SEATTLE, April 4. Hogs Receipts, 620. Lower. Prime, til 11.65; smooth heavies, $10011; rough beavies, $86-8.63 pigs. $10011.50.- Cattle Receipts, 761. Stronger. Prime steera $7.758.25; medium to choice, $6 7.25; common to good, $4.605.50; best cows and heifers, $6.507: medium to choice, J4.50w5.50; common to good, $49 5; bulls, $4.50j5.50; calves, light, $10.50 12; heavy, $6 7. r . Coffee Futures Close Lower. NEW YORK. April 4. The market for coffea futures was lower today as a result of liquidation by recent buyers who were evidently disappointed by the failure of Brazil to show greater strength. The opening was irregular at an advance of 2 points to a decline of 5 points, and active months sold 20 to S3 points net lower dur ing the middle of the day. The market closed at a net decline of 20 to 30 points. May. 5.83c; July, 6.22c; September, 6.S9C October, 671c; December, 6.95c; January, 7.03c; March, 7.24c Spot coffee dull; Rio 7s, 66c; San toa 4a, 8 10c. Dried Fruits at New York. - NEW YORK, April 4. Evaporated ap ples quiet and firm; California, 68o state. 6"W13C. Prunes weak; Californias, 4 16c; Ore- sons. 6lc. Peaches weaa; stanaarus, isfio; xancy, 17a Hops at New York. NEW TORK, April 4. Hops steady state. 1920, 3440c; do, 1919, 1820c Pacific coast, 1920, 1730c; do, 1919, 20 22c. Books Donated to School. CENTRAL! A, Wash., April 4 (Spe cial.) At a meeting, held Friday by the Women's Civic club it was an nounced that 40 books had been do nated for girla at the state Industrial school at Grand Mound. The books were delivered Saturday. The book drive will be continued, by the club for several weeks. HOTEL HOYT Strictly Fireproof. Near both depots and convenient car service to.. all parts of city. Sinrle Rooms Without Bath, fl and ap Sins It Roomii With Bath, 'i and ud IXBEKT ROUE. Manager. H JL sSL eed the Advice of the Following Banks: In these readjustment days, sound business counsel can be as helpful as financial assistance. Read what these representative banks say about that great protective service for safeguarding your finances: Credit Insurance. A Leading National Bank of-Detroit says: "On the part of this bank's customers there has been an increasing interest in Credit Insurance. Bankers cannot help but look with favor upon this protection of which their borrowers are availing themselves. Just now, tuith shrinking values, Credit Insurance seems more desirable than ever. " A Commercial Bank of Cincinnati writes: "Under the present business condi tions, I would consider this insurance more advantageous than any other time in the history of the country. I candidly think that everyone engaged in extending credits should protect themselves with a policy in your company." " A Leading IBank of Davenport, Iowa writes: "In view of the fact that so large a percentage of the general business of the country is done on open book ac- counts it is very necessary that this part of the business man's assets should be protected in every way possible, and we feel that companies of your kind are doing much to strengthen our business and financial structures." A Prominent Trust Co. of Albany N.'Y. writes: "We believe it advisable that manu facturers and wholesalers ought to in sure their accounts against loss and for their own protection, especially at this time, because of falling prices and the disturbed condition of affairs in the business world." A Well-Known Banking Firm of Salt Lake City writes: "Many of the customers of our bank carry credit insurance and think highly of it, and we consistently encourage the securing of this protection by large extenders of credit" r , Manufacturers and wholesalers, can you afford not to investigate the American's Unlimited Policy of Credit Insurance, which guarantees to prevent, else pay, bad debt Josses beyond the nor mal? Write or phone for the full particulars today. Payments to Policyholders over $10,000,000.00 AMERICAN CREDIT- INDEMNITY CO. of NEW YORK E.M. TREAT, president ISSUES STANDARD UNLIMITED POLICIES ........ MacRILL, General Agent Board of Trade Bldg. " 11 Phone: Portland, Oregon Main 1179 bio ho5 7$ 7d i9oa '07 'oa 'ot io 'it ii i '14 i 'it Ma i 'go 'n If I ' I I 1 I I I I I 1 I I :;:::;:::::kWE 4rrTTT"l 1 1 1 w Why 7 Municipals Won't Be Available Long War inflation and immense demands of industry forced bond prices down until the middle of 1920. Now capital, released by industrial liquidation, is seeking investments again and high yield, low priced bonds are being rapidly absorbed. We recommend immediate investments to insure high yields during future years. 10-Year, 7 Improvement Bonds Grey Bull, Wyo. Semi-Annual Int. denomination, $1000, $300, $100 Income Tax Exempt Price 100, Yield 7 lum0ekmen5 teust company BROADWAY AND OAK No. 4 of a Series. ' MARKETABILITY Your Portland Flouring Mills Company First Mortgage, 80 bonds will be readily marketable because the equity behind them is great, because the interest rate is attractive, be cause the bonds are widely distributed and the Company is well and favorably known, and be cause the Company will be in the market each year for $100,000 or more of the bonds for the sinking fund. Phone Main 8183 for additional information, today, or heller still, call at our office and tall( il over. BLYTflWiHEft Co. Ycon Bldg.. PORTLAND SEATTLE - SAN FRANCISCO -LOS ANGELES- NEW YOdlt The California-Oregon Power Company FIrNt and Brfnndlna: Moria-age 20-Year TH "SrM A" Uuld Bnnda Thla company owns and oper ates seven hydro-electric plants serving 15.000 square miles In Southern Oregon and Northern Calif or nia. Territory served equal to combined areas of Massachusetts. Hhode Island and Connecticut. Net earnings for 1D20 were 2.7 times interest on total pres ent funded debt Including this issue. Price 100 and interest To yield 7Vs8 Circular on request for OR-61 The National City Company Offices in more than SO cities. Iron Rnildinc Portlnnd. Telephone OUTJ Slain. Port of Bay City serial6 fo bonds the general tax obligation of the entire port, which has an assessed valuntitin of 7, 147. 126 In the finest dairy county in the state T 1 1 1 a m o ok county. Tho V. S. government has ex pended J407.0O0 to Improve the Port of Bay City, which has fifteen billion feet of the finest saw timber on the continent available for shipment by sea and ruil immediately at hand. yield SUCCESS ful build ings come not by chance, but from a wide experience in all the phases of property development and management. Strong 6 MacNaughton COR8ETT BUILDING PORTLAND OREGON Call or phone wire orders "collect." Freeman. Smith ROUND FLOOM CAMP LVMaCHMSNS BUILOIN FVTN NO STAB CO ImT STAO MINING MEN ATTENTION We "will consider any rea sonable arrangement' with re sponsible mining interests who can take over and operate California gold property. This mine is owned by east erneri, not experienced in mining, and, although not op erating at present, has been a good producer. ROSE GOLD MINING & MILLING CO. 1115 N. W. Kank Iildg. I'hone Main 9110