Morning Oregonian. (Portland, Or.) 1861-1937, April 07, 1921, Image 21

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Morning Oregonian., April 07, 1921, Page 21, Image 21

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Newspaper Page TextTHE MORNING OREGONIAN, THURSDAY, APRIL 7, 1921 21 small sized prunes ARE CLEANED UP Drager Purchase Aggregates 1,450,000 Pounds. 10T GOES TO GERMANY Shipment Will Be Hade by Steamer From Portland This Month. Other Deals Pending. DetI! of th recent larre deal In IUI taa prunes. Mid for shipment to Germany, aavo been liven out by W. F. Drager of Balem. inanarer of the Draper Fruit com pany. Approximately 1.450,000 pound of Orecon-'Waahlnrton Italian prunes were (.nrehaaed by thla firm within the paat tw weeka. Of this quantity 1,025,000 pounds were purchased from the Oregon Growers' Co-operative association. 300.000 pounds (rem the Washington Growers' Co-opera te association and" 123,000 pounds from h Dundee Prune Growers' association. The prunea have been sold to - Germany ud will be shipped duiinr the present oonta by steamer from Portland. The rises represented In this sale are 70-80. 0-80, 90-100 and 10O-120S. While the prices for these prunes are low. It Is prac- tically a cleanup of these sixes la the erthwest. Mr. Drag-er reports the sale as perhaps the largest single shipment ever made from the northwest. '"We have hopes." says Dr. Drager. "of being able to report ad ditional shipments for export, but foreign business la very difficult on account of the rate of exchange. We are making very effort possible to clean up the 1920 crop of prunes, and unless large quan titles are sold for export there will be no cleanup before the new crop la ready for ablpment." Mr. Drager. realising that some concrete effort must be made to move part of the farce surplus of prunes, started negotia tions through his connections several weeka ago. Little encouragement was of Cered at first, but through persistent argu ment, the contract was finally secured. per pound; spinach. 8C9o per pound turnips. II. SOW 2 per sack: sprouts. 20 25c per pound: tomatoes. 15 oer lug:, cu cumbers, S23 per dozen; peas, 14915c pound; asparagus, 12 vi 013c per pound. POTATOES Oregon. $1L2S per 100 pounds; Yakima, $1.6001.73; sweet pota toes, J3.B0 per hamper. ONION a Oregon. 7 5c C 1.28 per sack. Staple Groceries. Local Jobbing qnotatlons: SUGAR (sack basis) Cane granulated 9o per pound; beet, 9.13c per pound. NUTS Walnuts, 22038a pound; Brain nuts, 27c; filberts, 12c; almonds, 282Uc; peanuts, 70100 per pound; cocoanuts, 2 per dozen. HONEY Comb. $T.7S per case. RICE Blue Rose, Stoo pound; Japan style. 4o per pound. BEANS Small white, SHc; large white. 8 Vic; pink, 7Vic: lima, 8 Vic; bayou. 11 Vic; red, 7V4c per pound. COFFEE Roasted, bulk. In drams. 140 36c per pound. SALT Granulated, bale. s3.twi(r.zo; half ground, ton. 60s. 117.73; 100s, 315.30; lump rock, 328. DRIED FRUITS- Italian prunes, tMe pound; dates, $4.25 0 6.85 per box; figs, $2 05.25 per box. t BIDS FOB WHEAT AGAIN REDUCED Country Offers Are Lowered Two Cents. Board Price I'nchanged. Wheat bids were unchanged on the local board yesterday, but offers sent to the country were about 2 cents lesa than on the previous day. The demand was light. Coarse grain trading waa duIL Offers for white oats were 31 lower. Russell reported that Greece asked for offers on 1.730.000 bushels of wheat. Mod rate sales were reported to Germany for July-August shipment. , Serbia has prohibited any exports of cereal this year. The United State department of agri culture reported: "Condition of winter wheat generally favorable. Damage from lecent freeze negligible. Spring wheat seeding progressing well. Corn planting tt. full progress in southern states, with good stands. Oats also In good condition in southern states. ' Terminal receipts, In cars, were reported by the Merchants' Exchange as follows: Wheat. Barley. Fir. Oats. Hay. Port. Wed. .. !0 .. 5.4 8 Tear ago 2 12 2 31 Season to date.!-t! KT 6KT 477 512.1 Tear ago 7611 171 3401 420 1937 Tacoma Tuea. 13 .. 4 .. .... Tean ago... .. 13 ..'15- .. 2 Season to date. M0 44 K2l 124 3.12 Tear ago (fc'.ij 77 2778 164 75 Seattle Tuea.. It 1 1 1 .... Tear ago 24 18 Prison to date. 4 1 2:1 If 320 37 1211 Tear ago 34...1 234 727 631 1133 BCTTEB PRICES ADVANCE TODAY. Creamery Men friable to Maintain Recent Reduction. Unable to maintain the recently reduced tatter prices In the face of firm markets elsewhere, local creamery men announced a S-cent advance in prints, which will be affective this morning. Parchment wrapped prints will go out at 42 cents. The buy ing price of butter fat will also be raised 8 cents to the SS-cent, delivered, basis. There was a better demand for cubes dur ing the day and extras sold at JJBcents. Normally butter prices should be on tbe down grade at this season of year. The eastern markets.' however, have strength ened since the stoppage of Danish Imports was announced. The scarcity of fresh but ter throughout the country Is believed to be only temporary, and as soon as the affect of Increased production la felt, a reaction may occur In the markets. Eggs were steady with buyers paying 18 eents case count and 20 cents for clean. Receipts were heavy and the outside de mand light. Poultry and dressed meats were quiet And prices were steady. Provisions. HAMS All sizes. 30037c: skinned. 260 H: nicnle. 17Alflfl: cottar roll. 80c BACON Fancy. 43053c: cfioice, sue. 35c; standard, 26 28c LARD Pure, tierces, 170 pouna; com. Daund. tierces. 12c. DRY SALT Backs, 22 0 25c; plates, 18a STOCK CIS INCREASED TRADING ACTIVE AXD URO.VDER SCALE. . OS Ease of Money Market Most Im portant Factor Liberty Bond . Issues Are Mostly Higher. Wool. Hop, Etc WOOL Kon I rial TALLOW No. 1, SM04C; No. 2, 2ViO so per pouna. CASCARA BARK 1920 peel. To pound new peel, 6c pound. HOPS 1920 croD. 13020a per peond. HIDES Salted eonntrv hides. 4c deli v. ered Portland; grubby hides, Be; city calf skins, 10c; country calf skins, Be; good kip. 8c; grubby kip, 4c. MOHAIR New clip, 17o per pound. GRAIN BAGS Car lots, 7c, coast. OU. LINSEED OIL Raw. In barrels, 4c five-gallon cans. 31.09. Boiled, in barrels. Utr- five-mllnfi Cfttis. tl.ll. TURPENTINE In drums, 94o; five-gal lon cans, 31.09. COAL OIL Tank wagons and Iron bar rels. 17Ue: rasm. 30C37c GASOLINE Tank wagons and iron bar- rels. Sue; cases, 42 Vic. SAU FRANCISCO PRODUCE MARKET Price Current on Vegetables, Fresh Fruits, Fro., at Bar CUT. SAN FRANCISCO. April 6. Vegetables Asparagus. 3V01Oc; squash, cream. oi 75c: potatoes, street prices, rivers No. 1, 31.90 0 2.23: sweet ontatnes. 33 00 0 6.50 new potatoes. 508c: onion. Australian brown. 50c: rreen. 31.230 1 50; celery, 12 0 4.50; garlic. 608c; cauiitiower. euwioc dozen; cabbage, lc per pound: bell pep pers, Los Angeles. 1025c: turnips, nocn 81.00: beets. 1.001.R0; parsnips, $2,000 2.25: carrots. 75ctl.OO: peas, 59e: rhu barb, Alameda. Sl.2301.70: lettuce. 11.117 2.00; artichokes, 35.uO07.OO crate; spin ach. 805a. Poultry Hens, 25 037c: strictly young nwnl.n. 40S44e: old. 20022c: fryers, 35 0 60c: broilers. 40 0 50c: ducks. 30f33c: sauabs. 60065c: nigeons. 33.0003.50 dozen; Belgian hares, 23023c; jacKraoDiis, sj.uu 03.50 dozen: turkeys, nominal. Fruit Oranges, navel. S2.OO04.73 box; lemons. S2.0Oec3.BO: grapefruit, Sl.3003.50 tangerines. SI. 50 0 3.30; apples, Sl.7503.00; bananas, 9010c; avocadoes, $4.0008.00; strawberries. Imoerial valley and Los An geles. $3.2503.73 crate; Peninsula, $1.75 0 2 drawer. ReceiDts Flour. 7648 Quarters: wheat. 800 centals; barley. 6262 centals: beans, 3074 sacks; com, 1110 centals; potatoes, 8181 sacks; onions, 11 sacks; hay, 120 tons; hides, 703 bundles. QUOTATIONS OX DAIRY PRODUCE Market Prices Ruling on Batter, Cheese and gg. SAN FRANCISCO. April 8. Butter Extras. 87c; prime firsts, 36Vjc. Eggs Fresh extras. 20V4c; extra firsts. 284c; firsts, nominal: dirties, 28c; extra pullets, 28c: undersized, 24ViC. Cheese f lats. lancy, Z3Vc; llais, rirsts. 18c CHICAGO, April 8. Butter, lower. Creamery extras, 49c; standards, 43c Eggs, steady; receipts. 20.730 cases; firsts, 23V4c; ordinary firsts. 20 0 21c; at mark, cases included. 21023c NEW YORK, April 8. Butter, unsettled; creamery higher than extras. 5O05OVic; creamery extras, 49Vi049Vil firsts. 45 0 49 He. Eggs, Irregular; firsts, 26 030c: others unchanged. Cheese, firm; state, whole milk flats. fresh specials 24 0 24Vc; other un changed. NEW YORK. April 6. Money wa th pivot around which today's moderately active and fairly broad stock market re volved. Numerous Issues augmented yes terday's gains, tnough subjected to irregu lar impairment on profit-taking sales before the close. The renewal rate of BVs per cent established the lowest quotation in considerably more than a year. There waa no perceptible revulon of rates' for time money, bank acceptances or discounts, but it was repoi'tel loans extending into the mid-year were made at fractions under the rates In the open market. - Excellent crop prospects and th British Industrial situation were among favorable factors. London cables offered ground lor early settlement of the coal atrlke. lnci dentally, excharute on London waa ub alantlally higher, continental rates also showlns marked lmDrovement. A minor incident was the passing of the dividend on Midvaie. a former "war bride." Such action had been discounted and exerted little Influence. Oils, steels, equipments, motors, coppers ana sundry specialties were among out standing features, rail remaining in the DacKgrouna. Sales were 323.000 sharea Trading In bonds was more diversified than usual, lower money rates contribut ing to tne better tone of that market. Liberty issues were mostly higher, as were also several of the better known international flotations. Total sale, pal value, aggregated $10,650,000. CLOSIXO STOCK QUOTATIONS. Last Bnles. Atn Beet Bug HOO American Can 600 Am Cr & Fdy 100 A H A E. pfd 400 Am Irlter Cor 1.1K) Amerlcn Loco 8I0 Am Sm & R!k 2.900 Amercn Sugar 1,700 Am Sum Tob 13,300 Am Tel A Tel 1.600 Amer Woolen 4.700 Anaconda Cop 4,700 Atchison 300 At. Glf 4 W I 80.100 tfaiowin loco 4.WJO Baltl ft Ohio 2.5O0 Beth Btl "B" 3.2O0 Bt ft Sun Con 500 Calif Petrolem 8,700 Canad Paclfio 500 Centrl Leather 13,000 Chand Motors 7.600 Chi. M ft St P 600 Chlcg ft N W 100 Chi. R I ft P 700 Corn Products 3.4O0 Crucible Steel 9.100 Cuba Cne Sug 700 rrie 4UO GenrI Eleotrlo 100 Generl Motors 10,500 Gt North, pfd 900 Insprn Copper 500 It Me Ma. pfd 600 Internl Nickel 1.HO0 Interntl Paper 2.30 K C Southern 2.3O0 Kenne Copper 5.600 Mex Petrolem 29.SO0 Miami rnnivr !00 Plid States Oil 3,400 Midvaie Steel ' 9.400 Missouri Pacif 600 Nevada Coppr Soo X Y Central 1.300 N Y. N H ft H 1.000 Norfk ft West 200 North Paclfio 1.000- Ok Prd ft Rfg 1.300 Pan-Am Petri 4, TOO Pennsylvania.. 5.100 Ray Con Cop 8O0 Reading 800 Rep Irn ft StI 2,700 Ryl Dtch. N Y 4,100 Shat Arix Coo 200 Shell Tr ft Td 300 Sin Oil & Rfg 7.6O0 South Pacific 2.000 South Railway 2K) o. N J. pia boo Studebkr Corp 52.200 Texas Co Texas ft Paclf Tobc Products Transcontl Oil Union Pacific. S Fd Prdts S Ind Alco U S Rtl Stores S Rubber. 6,000 300 1,500 1,400 600 600 4.200 2.200 12.400 High. 8S 29 123 V4 4.1 '4 43 5 87 SSH 9.1 74 106 74 3H So "4 84 M'i 34 Vs 57 HVs 45 113 36 M 25 .62', 26?, 74 87 4 21 H 12Vi 137 14V4 72 32 62 15 5S 2r, 18 141 ISVi 13 29 IS . 10 70 167, 95 78 8 6!) 34 Vi 12 6S 67 Vi 60 VI 5 40 24 74 20 iV4 21 47 10 117V4 LOW. 83 29 V4 123 43 4.1 86 37 92 71 106 72 66 79 32 87 83 56 11 43 113 34 80 24 62 2 7.1 85 21 12 137 1.1 71 82 51 14 57 25 17 138 18 279, 17 10 69 16 S Steel 16..".00 u s Steel, pia ion tali Conner.. Western Union West Electric Willys - Over 2.000 soo 6(H) 2,300 77 S es 34 11 6S 65 5'.) 5. 40 2.1 74 20 107 77 40 21 47 10 116 21 66 40 71 81 110 48 es 47 8 Sale. 38 2H 123 4.1 4 41 86 8S 83 73 37 80 34 87 31 56 11 43 113 34 80 24 62 26 73 85 21 12 1.17 13 71 82 51 15 67 25 17 140 18 13 27 17 10 60 16 98 77 3 69 34 12 68 65 60 6 40 23 74 20 107 78 41 21 47 10 110 21 66 30 72 81 110 4S 8S 8 Jap 2d 4s 82 82 Paris sixes 97 98 U K 5s. 1921 i 99 99 V K 6s. 1922 94 95 U K 5s. 1929 88 89 U K 5s. 1937. 83 85 Swift Co. Stocks. Closing prices for Swift ft Co. stocks of Chicago were reported by the Overbeck ft Cooke company of Portland as follows: Swift ft Co. 101 Llbby, McNeill ft Lib by 10 National Leather 7 Swift International 25 Metal Market. NEW YORK, April 6 Copper Quiet. Electrolytic, spot and nearby 1214c; May and June, 18c. Iron Nominally unchanged. Tin Steady. Spot and nearby 28.250 29.25c; futures, 28.50029.75c. Antimony Spot, 6.1205.25c. Lead Steady. Spot. 4.25c. Zinc Quiet. Bast St. Louis, jot, 4.65 04.70c HflES M QUOTED LOWER TOPS QUOTED AT $11.25 AT LOCAL STOCK YAKDS. RALLY IN WHEAT PIT WEATHER XEWS STREXGTHEXS MARKET AFTER DEOtlXE. Cold Weather In Middle West Causes Fears of Serious Crop Damage. Cattle Prices Are Steady, but With out , Demand Sheep and Lambs Are Unchanged. The hog market was the weak feature at the stockyards yesterday and prices averaged a quarter lower with 311.25 as tne top There wa no demand lor cattle and the tone of the market was about steady. Sheep and lambs were nominally steady. Receipts were 128 cattle. The day's sales were as follows: Wt. Price. I i Wt. Price. 1 steer .. 520 6.0Oln hogs ..166 $11.25 S steers . 803 5.00112 hogs .. 225 11.25 2 steers . 800 6.00I2S lambs . 84 4.85 4 steers . 817 6.00132 lambs . 55 9.00 42 steers . 926 7.501 8 steers .1126 6.75 2 steers . 865 8.00 1 steer ..1010 8.50 10 cows .. 642 6.501 5 steers . 778 4.50 1 cow ...1170 5.751 2 steers . 810 3.00 1 cow ...1130 5.751 1 calf ... 1X5 5.50 1 calf ... 90 10.00 3 calves . 273 5.30 1 hog ... 250 8.001 5 calves . 128 7.00 3 hogh .. 323 7.00111 hos .. 162 10.00 1 hoe ... 420 7.00128 lambs . 92 4.83 2 hogs .. 415 9.501 The following nrice are current at the local yards: Choice steers t T.2S0 7.75 Medium to good steers 6.75 0 7.50 Fair to medium steers 8.00l 6.73 Common to good steers 5.000 6.00 Choice cows and heifers 6.000 6.75 -vieaium to gooa cows, heifers, s.aoes e.oo ralr to medium cows, heifers. Common to fair cowa. heifera. Canners Bulls ..7. Choice dairy calves 6.00 5.60 4.000 5.00 2.500 4.00 3.500 5.00 12.50 SJJ 3.00 11.00(6)12.50 6.00 7.50 6.000 6.50 5.500 6.00 Egg Storing Is Active. Egg storing Is making steady progress here, stocks put away to date amounting to 26,401 cases. Storage holdings at Port land compare with a year ago as follows: This Week. Last Year. Butter, pounds 42.8K9 3,959 Cheese, pounds 22.070 73.773 Eggs, cases ?. ... 26.401 9,744 Poultry, pounds '. 106,213 162,664 Seattle storage holdings follow: This Week. Last Year. Butter, pounds , Cheese, pounds , F.ggs, cafes .... Poultry, pounds 24.806 18.5IS6 .. 37.UOO 261,633 .. 9.S63 5.140 ..148.507 164.475 Bank Clearings. Bank clearings of the northwestern cities yesterday were as follows: Clearings. Balances Portland 34.9H6.6S6 $ 913.196 Seattle 4.3H8.541 1,130.661 Tacoma 500.274 54.788 Spokane 1.484.990 834,736 PORTLAND QUOTATIONS MARKET Grain. Flour and Feed. Merchants' Exchange, noon session. Bid Wheat April. May. Hard white f 1.12 $ 1.11 Soft white 1.10 1.09 White club 1.09 1.0K Hard winter 1.07 1.06 Northern spring 1.07 1.06 Red Walla 1.07 1.06 uati No. 2 white feed 29.00 29.00 FLOUR Family patents, 38.60; bakers' bard wheat, $8; bluestem patents. (7.50; valley bakers. 36.60: bakers' straights. ao.n"; wnoip wneai, 91; granam, id.80. MII.I.FEED Prices f. o. b. mill:, Mill run, $28 per ton; rolled barley, (40042; rolled oats, 42; scratcn reed. s.3 per ton. CORN Whole, 138; cracked. (41 per ton. HAY Buying prices f. o. b. Portland: slfalfa. (19 per ton; cheat, '322 0 23 per ton: ciover, i; vauey timothy, (25 0 26; astern Oregon umotny, S2c Dairy and Country Produce. BUTTER Cubes, extras, 36c; prints. parcnmeni wrappea m Dox lota, 42c; car- Butterfat. buying price: A a grade, Stic; Portland de tons. 43c grade, 88c livery. isuus Buying prices, clean, 20c; case count, isc delivery; jobbing prices to re tailers, candled ranch, 23 0 26c; selects. CHEESE Tillamook triplets, prlc to Jobbers f. o. b. Tillamook, 33c; Young Americas. 34c lb. POULTRY Hens. 20025a lb.; ducks aomtnst; geese, nominal; turkeys, nominal. PORK Fancy, le per pound. VEAL Fancy. 13016c per pound. Fralts aod Vegetables. FRUITS Navel oranges. 1.1.50 Sf .1.60 box; lemons. (35004.75: grapefruit. -(3.2508.23 per box; bananas. 10011c per pound; ap (,e. $1.351 4 per box. VEGETABLES Cabbage. 804a per pound: lettuce, $3.50?4.76 per crate: car rots. $1.25 per sack; garlic. 16020c pound; beeta, (1.25 per sack: cauliflower, (1.50 per orate: celery. (606.50 per crate; green tvepper 30jjt5c per pound; rhubarb, luc SEATTLE. April 6 Eggs, select local ranch, white shells, 29030c: ditto mixed colors, 27 0 28c; pullets, 23024c Butter City creamery. In cubes, 42c bricks or prints, 44c; copntry creamery extras, cost to Jobbers in cubes, S9c Wool Lower at London. LONDON, April 6. At the wool auetion sales today 9790 bales were, offered, com onslng a fair selection. There was a large attendance but a poor demand, which was chieflv from Germany. Withdrawals were heavy. Cross breds were from 10 to 13 per cent and merinos from 10 to 20 per cent lower. Naval Stores. SAVANNAH. Ga.. April 8. Turpentine, dull, 52 Vic; no sales: receipts, 89; ship ments. Ill; stock, 4935. Rosin, firm; sales, 139; receipts, 32; shipments, 933; stock, 80.840. Quote: B. D. E, F. G, H. I, K. (3.60; M, (3.73; N. (3.80; WG, (4.00; WW, (4.25. New York Sugar Marget. NEW YORK, April 6. Raw sugar, 8.02c for centrifugal; refined. 8c for tine granu lated. MILL BUYS MORE TIMBER Inman-Poulsen Lumber Company Purchases 63,000,000 Feet. KELSO, Wash., April 6. (Special.) The Inman-Poulsen Lumber com pany has Just completed the purchase of 640 acres of timber, cruising about 60,000,000 feet from the Weyerhaeuser Timber company, and of 200 acres cruising: 13,000,000 feet from the Northern Pacific Railway company. Both tracts are adjacent to the Inman-Poulsen company's present log gins; railway. ....... The section bought from the Weyerhaeuser company is section 11, township 9 north, range 3 west, and the Inman-Poulsen company is com mencing logging that timber at once. The Northern Pacific timber purr cbased Is in section 31, township 9, range 2 west, and was passed Dy tne Inman-Poulsen company veveral years ago when logging was done in that vicinity. The price was about (3 50 a thousand. These purchases will give the Inman-Poulsen company sufficient tim ber to keep the ML Solo camp in operation for four years. T 64 84 85 67 M'4 72 82 110 40 48 8 BONDS. U S 2s reg.....nn No Pae 4s...., .do coupon ...oii do hs do 4s reg 104 Pac TAT 5s, do c 4s CDn.104:)(i Penn con 4s, Panama 8s reg.78 So Pac cv 5s...t91 do coupon ...78E8 "so vmuU S AT&T cv 6s.!l9;Unlon Pae 4S... K4" Atchen gen 4s.. 77VMU S Steel 6s.... 95 D A R cons 4s. 64 N Y Cen deb 6s 88 Bld. t Asked. Mining Stocks at Boston. BOSTON. April 6. Closing quotations'. Allouex IfiylOld Dom 17 Arizona Com .. 7 Osceola 23 Cal A Hecla...210 Qulncy' 37 Centennial .... 8 Superior 3 Cop R Con Co.. 30lSup A Bos Win. 1 E Butte Cop M. 7 Franklin 1 isle Knyalle ... 17 Lake Copper .. 2 Mohawk ... No Butt ... Shannon Utah Cons .. Winona ..... Wolverine . , 44iGranby Cona 8l Liberty Bond Quotation. NEW YORK, April 6 Liberty bond quotations closed as follows: S SV4S (00.22 do 1st 4s... K7.T4 do 2d 4s.... 87.20: do 1st 4MB.. 87 SO do 2. 48.. 87.341 jCJ S 3d 4 Vis.. do 4th 4Vs. Victory 3.. do 4s .... J00 68 , 87.48 , 97.58 , 97.54 Honey, Silver, Ktc. NEW YORK, April 6. Prims mercan tile paper, 77c Time loans steady; 60 days, 90 days and 8 months, 6 07 per cent. Call money steady; highest,' 8 per cent; lowest, 5 per cent; ruling rate, 5 per cent; closing bid, 5 per cent, offered at 5 per cent; last loan, 5 per cent. Bar silver Domestic 99c; foreign, 57c per ounce. Mexican dollars, 44 c LONDON. April 6. Bar silver, 83 d per ounce. Money, s per cent. Discount rates Short bills, 6 per cent. Prime light calves neavy calves ....... Best feeders , Fair to good feeders Hogs Prime light 11.00011.25 Smooth heavy 10.25 010.73 Rough heavy 6.000 9 Stags 5.000 9.25 rat pigs 11.000 a eeaer pigs 11.00011.75 Sheen Prime east-of-mountaln lambs 7.000 8.00 Valley lambs 5.00 0 6.25 Heavy lambs, 90 lbs. and up.. 5.00 0 6.00 Feeder lambs 6.000 6.00 cull lambs 4.000 o.oo Yearlings 3.30O 6.00 Wethers 5.000 5.75 Ewes 1.50 0 6.00 Chicago Livestock Market. CHICAGO, April 6. Cattle Receipts, 12,000 head: very low. little early trad ing; early bids 25c to 50c lower on beef steers; early top. (9.60: bulk. (8.25 09.25 butcher she stock and bulls mostly 25c lower; bulk fat cows and heifers, (5.250 .50; bolognas mostly (4.25 0 4.50; butcher grades largely at (3.2506: veal calves. Blockers and feeders about steady; vealers to packers largely at (708; bulk Blockers and feeders. (6.5007.75. Hogs Receipts. 16,000 head; opening steady to 10c lower; later mostly steady to strong with yesterdays average; top, (10.20; bulk 200 pounds down, $9.90010.15; bulk, 220 pounds up. (8.S30U.o; pigs, mostly steady; bulk desirable pigs, (100 10.15. Sheep Receipts, 17.000 head; opening steady on all grades and classes: early top wooled lambs, (9.50; some held higher; bulk fat lambs, (8.25 09; choice light ewes, $5.75. Omahsk Livestock Market. OMAHA, April 6. Hogs Receipts, 10. 000 head; fairly active, steady to 10c low er, closing steady; bulk medium and light butchers. (8.85 09.15; top. (9.30; bulk strong weight butchers 250 pounds and ever, (8.25 0 8.75; packing grades, (808.25. Cattle Receipts, 7300 head; beef steers mostly 25c lower; early top, $: she stock 25c lower; spots more; bulla, strong, low er; veals, weak; stockers and feeders, 25c lower. Sheep Receipts, 9000 head; light lambs, steady; top, $9.40; bids mostly 25o lower ou heavy lambs; sheep and feeders steady. Kansas City Livestock Market. KANSAS CITY, April 6. Cattle Re ceipts 6500 head. All classes slow; beef steers 25c lower; $9.10 bid; best early sales 1 I $8.85; bulk. (7.7508.60; she stocK steaay to 8 I weak: spots, lower; good and choice cows. 05 I I.2sa6.75: good heifers, (8; canners and ....10 I buns weak; calves, steady: good and I c hoice. $768: stockers and feeders steaay i. inwor; -hnlce loou-DOund feeders, . Sheet): Receipts, tooo neaa; miiing classes steady to strong; . ewes, oao. lambs, (9.85. ' Seattle Livestock Market. SEATTLE, April 6. Hogs Receipts 86 hort. Weak. Prime $11011.05; smootn heavies, $10011; rough heavies, (808.65; pigs, (10011.50. rattle Receipts. 114 head. Weak. Prime steers, (7.7508.25; medium to choice, (60 7 25; common to good, (4.5003.50; best cows and heifers, (6.5007; medium to choice, 4.5005.50; common to good, (30 4 50; bulls, (405.50; light calves, (10.500 12; heavy calves, (607. CHICAGO, April 6. Apprehension that freezing temperatures might cause serious crop damage did much today to rally the wheat market after the July delivery had touched a new low record price for the season. The close was unsettled at c net decline to lc advance, with May (1.85-to i.oo ana juiy l.09 to (1.11. Corn finished unchanged to o higher and oats VtC off to iHiV4c no. In nrnviainna there were setbacks ranging from 1012o 1U DUC repression In wheat waa associated more or less with bearish views of the economic outlook. Word, however, that the omieu mine workers and employers had agreed to a further conference tended to encourage buying. Then came word of i heavy sleet snow In Nebraska, with tem peraturea down to 20 and still falling. rrom men on higher prices were the ruie. corn and oats were governed mainly -i"-u some toreign buying of corn was reported. Provisions dropped in th absence of support. The Chicago market letter received yes terday by the Overbeck A Cooke company of Portland said: Wheat It was a mixed trade, featured oy relative weakness In May as compared witn July. Fluctuations were extremely erratic, governed by various and conflict ing news Items. Crop reports were uni formly favorable and confirmed by weekly government weather reports as well leading grain trade journals. Kansas City receipts for the day were double those of a week ago. and the country reported of ferings quit free. Late in the day the market was helped by reports of a bad storm In western Nebraska and a sharp orop in temperature, together with inti mations that exnort business was lare-er than has been noticed. The secretary of agriculture, addressing a committee of 17, which met In Chicago today, made a very pertinent statement when he said that we nave a supply of farm nroducts far in excess of present demands, and that our trouoies are In large part due to world conditions which wo cannot control, but to which we must adjust ourselves as best we may. This covers the situation in few words and explains why the active export demand Is of lesa conseauence than the domestic trade lethargy. Corn Buying by cash interests on the early decline gave the market a strong tcne. Tne news was entirely without lea. ture, receipts small, but demand only fair, and spot sales made at yesterday's prices to a shade lower. Country offerings to arrive remain light. Until there la some improvement In commercial demand, there seems little likelihood of a permanent re covery, as stocks are more than sufficient to offset the small receipts. Oats Followed action of other grains, declining early and later strengthening on a fair volume of short covering. Receipts were only 45 cars and spot trading basis firm. Shipping sales were 75.000 bushels. The favorable crop ontlook at present is a strong factor against an advancing mar ket. Rye Trade light and without feature. Cash rye was nominally steady, at 10 cents over May bid for $2 on track. Cash handlers reported the demand less active than recently. Provisions Again lower on renewed liquidation. Support was mainly In ths nature of short overlng. Cash trade quiet. Leading futures ranged as follows: coffe future was easier today. Some traders who bought on yesterday's reports that the Brazilian government was buying in tne primary markets, were eviaeniu disappointed by today's official cables and after opening at a decline of 4 to 7 points prices sold off further on private reports of easier Rio exchange rates. May de clined to 5.69c and September to 6.45o and closing prices were approximately the low est of the day, "with the general market showing a net loss of 18 to 21 points. May, 5.68c; July, 6.08e: September. .44c: Oc tober, 6.57c; December, 6.83c; January, 6.90c; March, 7.09c. Spot coffee, dull; Rio, Ts 6 06; San tos, 4s 9 010. Cotton Market. - NEW YORK, April 6. Spot cotton. steady. Middling. 12.05c. Dried Fruit at New York. NEW YORK, April 6. Evaporated ap ples, firm; prunes, steady; peaches, dull. Dnluth Linseed Market. DULTTTH. April 6. Linseed on track. (1.6301.66; arrive.. (1.52. EAST OREGON MINE SOLD MAMMOTH SOW PROPERTY OF W. H. IV. HAMIITOX. Old Quarts Producer, One of Best Known In Sumpter Section, Has Tielded $150,000. BAKER. Or.. April 6. (Special.) The Mammoth mine, one of the old est auartz properties in the Sumpte section, has been cold by J. J. Hell ner to W. H. W. Hamilton, of thli city. Mr. Hamilton also owns the Mormon Boy. Grand Central, January, Crown Point and Belle of Baker mines, all of which are in the Sumpter sec tion. He is attending the Portland mining exposition where he has placed exhibits. The first mill on the mammoth mine was placed in 1881, the macninery being hauled from Nevada In wagons. The rich ore of this mine was treated in this mill and during the time of Its production $150,000 in gold waa taken from its veins. The shaft, one of the most com plete of its kind. Is 300 feet deep, from which drift levels have been run The Mammoth shaft runs within 300 feet of the Belle of Baker shaft and it is understood that the two shafts can be connected witn arm tunneis. The Mammoth is equipped with hoist ing and sinking machinery. Mr. Hamilton is a mining man o wide experience, having traveled in most of the mining countries of the world. He is a member of the Ameri can institute of mining and metal lurgical engineers. May. .., July..., May. . . July... May.... July.... May.. July.. May... July... May.... July. . Open. 31.35 1.09 .30 .62 .36 .38 Low. Close. $1.34?4 1.09 .M .62 .36 .38 (1.36 1.12 .59 .63 .37 .38 17.15 17.60 10.42 10.80 9.80 10.20 1 hard, 2 FIRE PRECAUTION URGED Qulnault Valley Ranchers Would Bar Oat Campers. HOQUIAM. Wash., April 6. (Spe cial.) As a matter of precaution against fire, ranchers in the Quinault valley have asked, through Secretary Mathias of the Hoqulam Commercial club, that campers, tourists and hunt ers be barred from the district this summer. As Mr. Mathias is also a member of the Grays Harbor county game commission, th delegation suggested that bounties be kept as at present, or Increased, on cougar of (25 and wild cat (5, as a means of killing them off and saving the elk herds. Due to the down timber of the dis trict this year, the elk have less chance to get away from beasts of prey than formerly. Baker Bond Bids Jleld Up. BAKER, Or., April C (Special.) Bids on. the (130,000 municipal im provement bonds were opened at the regular meeting of the city commis sioners Monday, but action was de ferred until a later date. Bids for the purchase ranged from 3 to 1H8. , ....$0.0031 075 0138 0141 1011 .... 8.05 0-'65 07: 0168 0753 .348 Foreign Exchange Foreign exchange rates at close of bus! ness yesterday, furnished by Northwestern National bank of Portland. The amount quoted is the equivalent of the foreign unit in United states I undo: Austria, kronen , Belgium, franca ........ Bulgaria. leva Czecho-Slovakla. kronen. Denmark, kroner England, pound sterling. Finland, finmark France, franca Germany, marks Greece, drachmas ....... Holland, guilders Hungary, kronen .0041 Italy, lire .0445 Jugo-Slavia, kronen 0074 Norway, kroner .1021 Portugal, escudos .080 Roumania. let .0153 Serbia, diners .0286 Spain, pesetas v. 1403 Sweden, kroner .238 Switzerland, francs .3745 Cbina Hongkong, local currency... .4775 Shanghai, taels 64 Japan, yea 4825 NEW YORK, April 8. Exchange strong. Sterling, demand, (3.92; do, cables, (3.93; francs, demand, 7.11c;' do, cables, 7.13c; Belgian francs, demand, 7.41c; do, cables, 7.43c; guilders, demand, 34.5c; do, cables, 84.6c; lire, demand, 4.27c; do, ca bles, 4.29c; marks, demand, 1.51c; do, ca bles, 1.62c; Greece, demand, 7.26c; Argen tine, demand, 35.25c; Brazilian, demand. 14c; Montreal, 10 per cent discount. foreign Bonds. Foreign bond quotations furnished by the Overbeck as Cooke company of Port land: Bid. Russian 5s. 1921 20 Russian 5'-e. 106 12 Russian 6s. 1919 21 ' French 5s. 1931 34 French 4s. 1917 44 French 6s, 1020 66 Italian 5s, 1018 31 British 5s, 1922 380 British 6s, 1027 371 British 5s. 1929 370 British vky 4s ..208 British ref 4s. . Belgium rest 6a.. Belgium prem 5s. German W L 5s. Berlin 4s Hambura- 4s .... Hamburg 4a .260 6 70 1-' ::::::::: m 13 Leipsig 4s 14 Leipzig 5s ... . 15 Munich 4s 13 Munich 3s 16 Frankfort 4s 15 Jao 4s 63 Jap 1st s 83 Ask. 22 14 23 56 46 68 808 3X3 3S0 810 280 68 72 13 14 16 16 13 17 15 19 17 64 62 APPROACH TOO EXPENSIVE Hood River Hasn't Money to Carry " Out Highway Plans. HOOD RIVER, Or., April 6. (Spe ciaL) The city council last night de cided that it would be impossible to meet the demands of the state high way commission in connection with the construction of an approach to the concrete bridge across Hood river. Several weeks ago the city began construction of a new approach. The work, however, was halted by high way engineers, who drew plans for the approach. The estimated cost of the new ap Droach and fill would, it is said, reach more than $3000, whereas the work as originally outlined by the citr would cost 50 per cent less. "We haven't enough money, for the work," said Mayor Scobee, "and we will simply have to let the old ap p roach suffice." LAUNCH MILKRATE FIXED Producers and Boat Operators Agree on Sliding: Scale. MARSHFIELD, Or., April 6. (Spe cial.) Milk producers on North and South Coos rivers charged the op erators of gasoline launches, by which all milk is delivered to the local creamery or distributing milk com panies, with charging a price that is unfair. The rate since last summer has been 14 cents 100 pounds. To settle the difference a meeting of traffic men and the ranchers was held ard a sliding scale was adopted, to rule with the price ranchers obtain for their butter fat. Thirty-five cents for butter fat calls for an 11-cent rate a hundred, 30 cents for 10 cents, or 40 cents a pound for 12 cents a hundred. The milking season is just beginning here and in another month will be nearly at its height Child Badly Scalded. CENTRALIA, Wash.. April 8. (Spe cial.) Jessie Towell, aged 6. was badly scalded when she fell into a boiler of hot water. The accident oc curred at the Towell home, nearl Rochester. The child will recover. High. WHEAT. (1.37 1.12 CORN. .60 .63 OATS. .37 .39 MESS PORK. 17.50 17.50 17.10 17.40 17.60 17.40 LARD. 10.30 10.50 10.30 10.92 10.92 10.72 SHORT RIBS. 995 995 9.75 10.30 10.30 10.15 Cash prices were as follows: Wheat No. 2 red, $L42: No, $1.41.6L Corn No. 8 mixed, tpaoitc-, jmo, yellow, 57 56 Sc. Oats No. 2 white, 3738c; No. white, 36537c. Rye No. 2, none. , Barley 63 64c. Timothy seed (4.05.50. Clover seed (1216. Pork Nominal. Lard (10.20. Ribs $9.37 10.25. ' ' Primary Receipts. CHICAGO, April 6. Primary receipts Wheat, 861.000 bushels against 551.000 bushels. Corn, 524,000 bushels against 557.000 bushels. Oats, 412,000 bushels against 662,000 bushels. Shipments Wheat, 651.000 bushels against 588.000 bushels. Corn, 291,000 bushels against 286.000 bush els. Oats. 491,000 bushels against 440.000 bushels. Primary clearances Wheat, 592.000 bushels. Corn, 148.000 bushels Rye, 151, 000 bushels. Flour, 54.000 barrels. Winnipeg Grain Market. WINNIPEG. April 6. Cash wheat. No. 1 Northern, (1.77; No. 2, (1.74; No. 3, (1.70 : No. 4. (1.81 : NO. 6. 81.52 No. 6, $1.38. Oats, No. 2 white, 42c; No. 4, 38 c; No. 1 feed, 88c; No. 2 feed. 33c; No. 3 barley, 73c; No. 2 rye, (1.52tt. Futures Wheat May, $1.65; July, (1.47. Minneapolis Grain Market. MINNEAPOLIS, April 6. Barley. 47 68c. Flax. No. 1, Sl.a6E91.69. Futures Wheat May, (1.28; July, (1.22. Grain at San Francisco, SAN FRANCISCO. April 6. Grain Wheat, milling, ('2.15 2.20; feed, (2.05 2.15: barley, feed. $1.10 1.15; shipping. (1.2001.40; oats, red leed, si.4Sihil.55, corn, white Egyptian, II. SO 1.60; red milo, (1.751.S0; rye, nominal. Hajf Wheat, (20(fi21; tame oats, $17 19: wild oats. (1215; barley, (1215; annua, i wzu; stock, X10W14. Grain at Seattle. SEATTLE, April 6. Wheat Hard white. (1.10; soft white, white club, bard red winter, soft red winter and northern spring. Jl.os; eastern red walla, (1.06; Big Bend bluestem, (1.16. City delivery: Feed Scratch feed, $52; baby scratch feed, (71; feed wheat, (52; all grain chop, (43; oats, (42; rolled oats, (44; sprouting oats, (47; whole barley, (40; rolled barley, (42; clipped barley, $47; milled reed, s.12; bran. (32; whole corn. (39; cracked corn, (41. Hay Alfaira, (24; double compressed alfalfa, (30; ditto timothy, $39; eastern Washington mixed, (32; straw, (24; Puget sound aixaixa, (30. BETTER SERVICE ASSURED Medford-Jacksonville Iilno Soon Will Be in Good Shape. MEDFORD. Or.. April 6. (Special.) J. T. Gagnon. owner of the Rogue River Valley railway, has a crew of en at work repairing the road bed track and trolley line, and has added a new streetcar to the rolling equip ment, preparatory to resuming an hourly service between Medford and Jacksonville in the near future. The trolley service was discon tinued more than a year ago. DAILY METEOROLOGICAL REPORT. PORTLAND, April 6. Highest tem perature. 60 degrees: lowest, 37. River reading at 8 A. M., 7.6 feet; change In last 24 hours, 0.4 foot rise. Total rainfall (3 P M. to 5 P. M.). none; total rainfall since SeDtember 1. 1920. 41.37 Inches; normal rainfall since September 1. i7.i Inches; excess of rainfall since? September 1. 1920. 3.96 inches. Sunrise, 5:41 A. M sunset, 6:45 P. M.; total sunshine. 12 hours and 59 minutes: possible sunshine, 13 hours and 4 minutes. Moonset, Thursday, 6:26 P. M. : mooniise. Friday. 5:16 A. M. Barometer (reduced to sea level) 5 P. M. 30.17 inches. Relative humidity: 5 A. M, 88 per cent; noon, 40 per cent; 5 P. M. 26 per cent. THE WEATHER. STATIONS. Baker ... Boise .... Boston .. Calgary . Chicago Denver . . Des Moines.. Eureka .... Galveston . . Helena .... Juneaut ' Kansas C7ity Los Angeles. Marshfield . Medford ... Minneapolis New Orleans. New York... North Head.., Phoenix .... Pocatello ... Portland ... Roseburg . . . Sacramento . St. Louis.... Salt laae... San Diego... San Fran . . . Seattle Sitkat Spokane .... Tacoma Tatoosh Isl.. VaUipzt Walla Walla. Washington . Winnipeg .. Yakima . . t Wind 2. ; ! 5 P 2 - o s 3 I . r) r i. . 301 44j0.0O14jW 50:0.001.. NW 62 0.00 IS NE 30,0.42 121NE 78 0 00 14,S 32 3 SI 22 60 2S 38;0.14..E 6Si0.40il6. 52 0.00, 74 0.00 3210.08! t42O.0O, 72O.40 62,0.00 SSjO.OO, .. N 12ISE 14INW .. SB 10S SW NW 60 0.00 . .ISW 64!0.OS18iSE 800.00l. . SE 58 4H 70 20) 34 601 44 30 26 56i 64 58 81 4 24 37 32 42 601 2 46 46 3S 42 t44tO.00j 32 500.0O 32 56jO.OO 40 04,0.00 32t36il.lO 8ft 54iO.Ooi 521 78 0.00110 SK 26 320.14...NW 32 5S;0.00. - ISW 5210.00 201 RSiO.OO . . 34 0.08 .. 6010.0O).. 62 0.001.. OB'O.OO . . 78i0.00!22!S S40.08;10!:NW 6010.00,10 W 6ot0.oo24W kriear W N NW N NE 540.0O101N"W E NW .N S 4fW NW Weather. IClear Pt. cloudy KTloudy Clear Cloudy snow Cloudy Clear (Cloudy snow Cloudy Cloudy fuieur . Clear Clear fCioudy Ft. cloudy Clear Clear Clear Pt. cloudy IClear (Clear Clear toloudy Cloudy ft. ciouay Clear Cloudy Cloudy (Clear Clear Snow Pt. cloudy Clear Kain Pt. cloudy No. 6 of a Series PORTLAND FLOURING MILLS COMPANY This Company is sound there's no doubt about that and its First Mort gage 8 bonds at 100 off er an exceed ingly attractive investment. Why not decide today to set aside some of your funds for a strong corporation bond which pays 8 for 15 years. - Full information may be had without obligation by calling, writing or pion ing for descriptive circular. Phone Main 8163 BlVth, Witter. &. Co. Ycon Bldg., PORTLAND S CATTLE SAN FRANCISCO - LOS ANGELES - NEW YDIUC OREGON BONDS (Exempt From Federal Income Taxes.) $10,000 Baker City, Or., 63 due 1941 $40,000 Wallowa County, Or., 5a due 1924-2G $ 5,000 Sherman County, Or., 6s due 1929-33 (School Dist.. No. 23) $ 5,000 Baker County, Or., 6s due 1939 (School Dist.. No. 16) $ 3,000 Mult. County, Or., Water Dist. 6s.. due 1932-35 All These Bonds Are General Municipal Obligations Prices to Net 6?o to 634 Write or Call for Detailed Circular. e flevereaux Rgmpany Investment Bonds 87 Sixth Street, Portland, Oregon. Phone Bdwy. 1042. FROST HURTS FRUIT CROP Men, Unemployed In Eastern Or chards, May Come West. HOOD RIVER. Or., April . (Spe cial.) Leroy Chllda, superintendent of the Hood River experiment station hsa Inst received by letter from a errower of Waynesboro, Va confirms tlon of recent news reports to tne effect that the eastern commercial fruit eroD had been seriously Injured bv frost. The letter, written by James Craier. whom Mr. Chllds visited last vear while on a tour or tne Vlrs-lnia anDle sections, says tnat heavy freezes on March IS and 29 killed Dracticallv all fruit. . Mr. Craig wrote primarily to piace a number or men in nonnwesiem or- harls this summer. As result of the coll snap, they will be unemployed In the Virginia orchards this yesr, and a suecests that they may visit nere and work to get valuable experience. Baker Elks Install. BAKER. Or.. April 6. (Special.) Officers of Baker lodge. No. S3S, of Elks, installed Monday night as fol lows: Exalted ruler, C. L. Blakely; esteemed leading knight. J. F. Mat- ger; esteemed r,oyal knight, Connie J. r.rahh: esteemed lecturing knight. William Kelly; secretary, W. S. Lev. ns; treasurer, O. H. P. Mcuora; tuer, W. Baldwin: trustee. George H. Foster: delegate to the grand lodge. D. snven; alternate delegate io inn grand lodge, A. S. Shockley. Judge William Smith, past exalted ruler, resided as Installing officer. 11 Ilnrlf Sam H tA. M. today. credlng day. IP. U. report ot pro FORECASTS. fair Coffee Futures Lower. Portland an vicinity Thursday. and warmer: northerly winds. Oregon and Wasmngion tnursoay, jair and warmer; heavy frost in tne morning, moderate northerly winds. To prevent unnecessary movements a French gymnastic scnooi nas in stantaneous photographs of pupus NP1W YORK, April . The market for made to study their action. Uncle Sam Is Paying for Half the Paving Greybull's main streets are on the Yellowstone highway, and the government, through the state, is paying half the bill for paving. These bonds, which are direct liens on the business and best residential properties, are to pay for the remainder. This $75,000 issue is backed by over $1,000,000 security. GREYBULL, WYO. 10 Year 7 Improvement Bonds A General Obligation Oregon Municipal Bond YIELDING 7 Exempt From Income Tax. Detailed Information on request. . Ralph Schneeloch Co lo Price 100 To Yield BONDS ARE INCOME TAX EXE3IPT. LUMI5ERMEN5 TKUST COMPANY BROADWAY AND OAK MUNICBrU. AND CORPORATION FINANCE LUMBERMCNS BUILOINS pr Pcsmjum. Qmaac 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 erners, not experienced in mining, and, although not op erating at present, has been a good producer. ROSE GOLD MINING & MILLING CO. 1115 N. W. Bank Bldg. Phone Main 9110 Uncle Sam Also Invests in Improvement of Tillamook Harbor THE government has contributed nearly a half-million dollars in the project represented by PORT OF BAY CITY 6 Gold Bonds which we offer at prices to yield 6 Maturities from 9 to 13 years. CLARK-KENDALL Cr CO.. INC. Fifth and StarK Slreets COVERNntrlT-MUHICIPAU CORPORATION BONDS m frF WEALTH on imagined assets is stage money The boom values of a decade ago still dazzle the mind. An ap praisal based on facts is the best way to get the truth. Strong 6 Mac Naughtoh C0R6ETT BUILOINO PORTLAND ORCOON i: i: