21
THE MORNING OREGONTAN, FRIDAY, APRIL 8, 1921
ORDERS ARE LACKING
FOR NEW CLIP WOOL
Small Amount Already Shorn
in Arlington Section.
WO BUYING YET IN YAKIMA
Three Cars Are Shipped East on
Consignment Dealers Making
Offers in Southwest.
Wool men In this territory still find It
Impossible to operer because of the ab
ence of eastern orders. Reports are com
tng alone that more mills In the east are
resuming and this offers encouragement,
but prices are no better at any point and
demand for northwestern wool is lacking.
6erreral local buyers have visited the
Takima section, where shearing is under
way, but they did nothing but look around.
Three cars of Takima wool were shipped
east on consignment and this is the only
snovement of anr kind to date.
A little wool probably 50.000 pounds,
baa been shorn In the vicinity of Arlington.
Condon sheep men will begin shearing In
two weeks and shearing will stcrt
Shaniko about May 1.
Wool buyers have entered the market
In Axixona, where shearing is being done,
an . are reported to be offering 15-cent
advances. As It has been the custom to
advance about 60 per cent of the value
of the wool, the Arizona growers, there
tore, believe they may expect around 30
cents for standard wools In the grease.
Shearing has started In Utah, but no
buying has been reported. Small lots of
new clip southern "Texas wool have reached
the Boston market.
During the month of February a num
ber of hurried shipments of wool were
mads to the United States from Australia,
according to reports from the American
consul at Melbourne. The steamer Cana
dian Prospector carried 16.276 bales
weighing about 4,821,175 pounds. The ap
proximate value of this single consign
ment was over $2,000,000 (converted rate
$4.86). This shipment was made to Se
attle with the understanding that the
wool would be entered immediately. On
the other hand, the Review of the River
Flats states that more than half of the
Argentine wool exports for the month of
January were shipped to the United States,
15,927 bales weighing about 14.748.402
pounds. This Indicates the extent of
American operations In that country.
Although wool Imports during the first
two months of the current year were
large, consumption during ths same two
months is estimated at 56 per cent less
than during the corresponding months of
1020. The consumption of wool In the
United States during ths first two
months of 1920 amounted to 136.400.000
pounds, as compared with the estimated
' consumption of 60.000,000 pounds during
the same months of 1921. The wool im
ports of the United States dropped from
41,000.000 pounds in January. 1920, to
25,000.000 In February, but rose again to
63.000,000 pounds In April. In May of
the same year there was a decided slump
in the world wool markets and Imports fell
to 13,000.000 pounds. Sine that time
there have been rather wide fluctuations
In the Import figures.
Imports for the first five months of 192C
were 105,158.530 pounds, as compared with
89,706,670 pounds for the remaining seven
months. This makes a total of 254,0:
208 pounds. The total exports for- the
same period were 9.050.436 pounds, leaving
a net Import of 243,874,773 pounds. This
Is exclusive of wool from the Angora goat
and represents only the first, second and
third class wools.
sales showed approximately the following
decreases: Cattle hides, 500.000; calf and
kip skins, 100.000; sheep and lamb '-Ins,
600.000. Stocks on hand on January 31,
1921 and 1926k were officially reported as
follows:
Jan. 31. Jan. 31,
1921. 1920.
Cattle hides 7.899.138 6.733,360
Calf and kip skins.... 4,468,610 2.956,556
c-neep and lamb skins. 13,184.053 8,902,067
BUTTER GOES SLOW AT ADVANCE
Dealers Believe Decline in Market Is Not
Far Away. '
The S-cent advance in print butter yes
terday naturally did not stimulate the
local movement. The slower demand and
the fact that eastern markets declined
led dealers to believe that prices here would
have to fall back in the near future. Cubes
cleaned up fairly well and extras sold at
36 37 cents.
A decline of 5 cents a pound In Tillamook
cheese prices was announced.
Two cars of ergs were shipped out yes
terday, one going to Seattle and one to
Spokane. The remainder of the surplus
went Into storage. Buyers' offers to coun
try shippers were unchanged at 18 cents
for case count and 20 cents for clean. I
Poultry arrivals were light and the mar
ket was firmer, heavy hens selling at 26
cents and light hens at 21 cents.
Veal was firm at 16 cents with small re
celpts. Pork was slow and unchanged at
16 cents.
STOCK LEADERS LOWER
LABOR SITUATION ABROAD
AXD HERE CACSES SALES.
Canada and China Supply Fgga.
Egg Imports In February, according to
government reports, were 629.677 dozen,
against 174,349 dozen in the same month
last year. For the first two months ot
this year Imports were 1,895,390 dozen.
The February imports were from the fol
lowing countries:
Dozen.
Canada 249,843
Argentina 51,000
China 203,770
Hongkong 26.704
Japan ... US, -'in
Australia 100
'o More Louisiana Berries.
No more Louisiana strawberries will be
brought to Portland. The berry market
has advanced In that state and .with the
high freight rate the price here would be
prohibitive. It will be about three weeks
before southern California strawberrtai be
gin to arrive in quantity.
WHEAT TRADING OS LARGER SCALE
Bids Are Advanced One to Two Cent at
Country Points.
The. tone of the wheat market was much
steadier yesterday. Blda sent into the
country were 1 to 2 cents higher than on
the previous day, - and the amount of
wheat that changed handa was reported
to be fairly large.
At the Merchants'. Exchange, April bids
for club were raised 1V4 cents and hard
white and the other grades were half a
cent higher than on Wednesday.
April white oats advanced $1, but the
lay delivery was 11.50 lower on bid.
According to Broomhall's cable, Poland
la buying Argentine wheat. A cargo of
plate wheat was purchased for Danzig at
1 1.98 H c i. t. and a large cargo of Danu-
biaa corn to ths continent at 11.08 per
Dusnei cut.
Argentine shipments this week are es
timated at 3,700.000 bushels wheat. 400.
000 bushels corn, 500,000 bushels oats and
1.400,000 bushels linseed.
San Francisco stocks of grain In ware
bouses and on wharves on April 1: Wheat
30.236 tons vs. 31.600 tons: barley 21.893
tone vs. 20.615 tons; oats 515 tons vs. 1256
tons; corn 4C0 tons va 651 tons; bran 45
tons va 32 tons; beans 147,503 sacks va
208.223 sacks. Receipts during March
wneat 4062 tons; barley 27.578 tons; oats
73S tons; corn 1353 tons: bran 217 tons;
bar 4802 tons: beans 51,518 sacks.
Terminal receipts. In cars, were reported
by the Merchants Exchange as follows:
Portland-
Thursday ....
Tear ago ..
Season to date
Year ago
Tacoma
Wednesday ..
Year ago ..
Season to date
Year ago...
Seattle
Wednesday ...
Year aico....
eason to date
Year ago...,
Wheat. Bar.Flr.Oats.Hay.
n ... a o 1
10 ... 5 1 2
. .13 X1 I 227 KQ 482 2125
.. 7,621 171 3496 421 1U39
4
8
4.014
6.301
9 13 ...
48 823 125
79 2791 168
1 1
11
2
4
834
769
.. 4,126 199 830 888 1217
o, ! Z3 i3S 631 1133
WOOL GROWERS ORGANIZING
Rational Organization Preparing to Launch
Campaign.
Wool growers throughout the United
States are taking immediate steps to or
ganise a campaign on virgin wool clothing.
The plans call for legislation requiring ail
elothing manufacturers to label each suit
and give its contents of "shoddy." "re
worked wool," "percentage of cotton con
tained or "all virgin wool" as the case
sear be.
The purpose of the campaign in which
many dealers are Joining, is to increase
wool consumption and demand, to safe
guard the buying public, to expedite the
enforcement of tariff laws and to prevent
the annual Importation of shiplosds ot
wool rags shipped to this country from
Europe for the express purpose of making
ahoddy cloth. The movement is gaining
in momentum throughout the country and.
according to the wool men. has been made
necessary, due to the fact that thousands
of tons of the cheaper shoddy and re
worked wool have been substituted for
virgin wool during the last two years. The
Brownsville Woolen Mills, local clothing
manufacturers and Jobbers have recently
taken up this campaign and it Is said that
other stores snd wool producers generally
throughout the stats will take an active
Interest in it.
BIDE AND SKfl MARKET NOMINAL
Domeetlo Stocks Are Much Larger Than
Year Ago.
The market for hides and skins contin
ues weak and prices are almost nominal.
Country hides are even slower than pack
era According to figures compiled by the
bureau of census, sales In January were
the lightest during the past four montha
Compared with December, 1920, January .
' Bank Clearings.
Bank clearings of the Northwestern
cities yesterday were as follows:
Clearings. Balances.
Portland 16.104.329 33S0.182
Seattle 4.475.n"7 T2.Ji"
Tacoma 600,704 1 28,722
Spokane 1.347,781 98,717
PORTLAND MARKET QUOTATIONS
Grain, Flour and Feed.
Jderchants Exchange, soon session.
Bid
Wheat April. May.
Hard white S 1.13 1 1.12
Sort white 1.12 i.ii
White club 1.11 1.10
Hard winter 1.08 1.07
Northern spring 1.08 1.07
Red Walla, 1.08 1.07
Oats
No. 2 white feed 80.00 27.50
FLOUR Family patents. $8.60: bakers'
hard wheat. IS; bluestem patents. 17.50
valley bakers, so.bu; bakers' straights.
16.50; whole wneat, it: granam, iti.ttu.
MlLLrfeBU trices x. o. b. mill: Mill-
run. (28 per ton: rolled barley, S40&42;
rolled oats, 142; scratch feed, $53 per ton.
CORN Whole, $38; cracked, $41 per ton.
HAY Buying prices f. o. b. Portland;
alfalfa, $19 per ton; cheat, S22(j23 per
ton; clover. $16; valley timothy, $2526;
eastern Oregon timotny, -'.
Dairy and Country Produce.
BUTTER Cubes, extras. 37c: prints.
parchment wrapped in box lots. 42c: car
tons. 3c. jiuiteriai, ouying price: A
grade, 38c; B grade, 86c; Portland delivery.
EGOS Buying prices, clean, 20c: case
count. 18c delivered; jobbing prices to re-
alters, candled rancn, 23gi2tic; selects.
u if 28C.
CHEESE Tillamook triplets, price to
jobbers f. o. b. Tillamook, 2Sc; Young
Americas. 29c lb.
POULTRY Hens, 2126o lb.; ducks,
nominal; geese, nominal; turkeys, nominal.
PORK Fancy, 16c per pound.
VEALi Fancy, 16c per pound.
Fruits and Vegetables.
FRUITS Navel oranges, $3.ob5.50 box:
lemons. $3.50 Sr 4.75; grapefruit. $3.258.23
per box; bananas, 10llo per pound; ap-
p.es. $1.3.)ip4 per box.
VEGETABLES Cabbage. 2o per
pound: lettuce, $3.50w4.io per crate; car
rots, $1.25 per sack: garlic, 1520c pound;
beets, $1.25 per sack; cauliflower, $1.50 per
crate; celery, $66'6.50 per crate; green
peppers. 3064Ac per pound; rhubarb, lot
per pound; spinach, 8o9c per pound;
turnips, $1.50fel2 per sack; sprouts, 202&c
per pound; tomatoes, Sj per lug; cu
cumbers. $23 per dozen; peas, 1415x
pound; asparagus, 12ftarl3c per pound.
POTATOES Oregon. $1L25 per 100
pounds; Yakima, $1.501.75; sweet pota
toes. $3.50 per hamper.
ONIONS Oregon, 75c ? $1.25 per sack.
Staple Groceries. , ,
Local lobbing quotations:
SUGAR (sack basis) Cane granulated
9e per pound; beet, 9.15c per pound.
NUTS Walnuts, 223&c pound; Brazil
nuts, 27c; filberts, 12c; almonds, 2829c;
peanuts, 7&10c per pound; cocoanuts, $2
per dozen.
HONEY Comb, 17.75 per case.
RICE Blue Rose, 6!o pound; Japan
style, 4c per pound,
BEANS Small white, 5c; large white.
nc; pina, l Ytc: lima, site; Dayou, liftc
red, 7f4c per pound.
COFFEE Roasted, bulk, in drums, 14 0
,sflc per pound.
SALT Granulated, bale, $3.5094.25
half ground, ton. 60a, $17.75; 100s, (15.50:
lump rock., $28.
DRIED FRUITS Italian prunes, e
pound; dates, $4.25 a 6.85 per box; figs, $2
it 5.25 per box.
Provisions.
HAMS All sizes, 30 87c; skinned, 260
86c; picnic, liz19c; cottage roll. 80c.
BACON Fancy. 43ljj53c; choice, 300
35c; standard. 26i28c
LARD Pure, tierces,. 17c pound; com
pound, tierces. 12c.
DRY SALT Backs, 22025c; plates, 18c.
Oils.
LINSEED OIL Raw. In barrels, 4c;
five-gallon cans. $1.09. Boiled, in barrela
96c: five-gallon cans, $1.11.
TURPENTINE in drums, 4c; rive-gal-lon
cans. $1.09.
COAL OIL Tank wagons and Iron bar
rels, 17Hc; cases, 30 & 37c
GASOLINE Tank wagons and iron bar
rels, 80c; cases, 42 He
Wool, Hops, Etc
WOOL Nominal.
TALLOW No. 1. 3 "A 4c: No. 2, 2
So per pound.
CASCAKA BARK 1920 peel, 7C pound;
new peel. 6c pound.
HOPS 1920 crop, 15920c per pound.
HIDES Salted country hides, 4c deliv
ered Portland; grubby hides, 8c; city calf
skins, 10c; country calf skins, 8c; good
kip. 6c: grubby kip. 4c
MOHAIR New clip, 17o per pound. '
GRAIN BAGS -Car lots, 7c. coast.
QUOTATIONS ON DAIRY PRODUCE
Market Prices Ruling on Butter, Cheese
and Eggs.
SAN FRANCISCO, April 7. Butter-
Extras, 87c; prime firsts, 36c
Eggs Fresh extras, 29c; extra firsts.
28ftc; firsts, nominal; dirties, 28o; extra
pullets, 28c; undersized, 24ViC
Cheese Flats, fancy, 2214c; flats, firsts
18c.
CHICAGO, April 7. Butter Lower:
creamery extras, 46c; standards, 44c
Eggs Higher; receipts, 25,034 cases:
firsts. 23&24c; ordinary firsts, 20&21G.
at mark, cases included, 21j?23c.
NEW YORK, April 7. Butter Unset
tled ; creamery, higher than extras, 49 S
650c; creamery extras, 49c; creamery
firsts. 45S48HC
ggs Weak ; unchanged.
Cheese Easy; unchanged.
SEATTLE, April 7. Ergs Select local
Liberty Issues Only Firm Feature
or Bond Markets Advance In
Money Kates Unexpected.
NEW YORK. April 7. The stock market
today relinquished part of the general
advance registered earlier in the weea,
developments favoring- the short Interest.
London cables stressed the more ominous
aspects of the British industrial situation
and occasioned moderate liquidation.
Domestic industrial conditions also be
came more complicated by the decision
of the railroad labor board denying
nlication of ths New York Central for im
mediate provisional reduction of the un
skilled labor wage scheduls.
Publication of the government crop re
port, forecasting the fourth largest winter
wheat yield in history, failed to stimulate
transportation shares, some of which, in
cluding arangers. were decidedly heavy.
Market prices were at lowest overages
in the lasc half hour, when tree seams
resulted from an unexpected advance in
call money from 5V4 to 654 per cent, due,
according to reports, to calling of loans by
Interior banks. Stocks most affected com
prised a 'number of industrials and spe
cialties, leathers and chemicals, together
with numerous allied Issues.
Sates were 450.000 sharea
Exchange rates on London and Paris
eased only slightly.
Liberty bonds were firm, but most other
domestic and foreign Issues lacked definite
trend. Total sales, par value, $11,01 a.vuu.
Vrr-nsrvf bt(vmt QUOTATIONS.
lMt
Sales.
1,300
Am Beet Sug
American Can 500
Am Cr A Fdy 200
A H A L, pfd 1.500
Am Inter Corn 1.200
Am Sm A RtK 2,5110
Amercn sugar 8)H
Am Sum Tob 6,800
Am Tel ft Tel 2.300
Amer Woolen 2,7"0
Anaconda Cop 1,600
Atchison 1.200
At. Glf ft W I 20.700
Baldwin Loco 8.000
Baltl ft Ohio 2,300
Beth Sti "B" 4,000
Bt & Sup Cop 500
Calif Petrolem 6O0
Canad Paciflo 800
Centrl Leather 28,000
Chand Motors 1.200
Chesp ft Ohio 500
Chi, M ft St P 1.000
Chicg & N W 1O0
Chi. R I ft P 3.200
Chino Copper, 500
Corn Products) 8.700
Crucible Steel. 4.X10
Cuba Cne Sug
Erie
Genrl Electric
Generl Motors
Gt North, pfd
Illinois Centrl
Insprn Copper
It Me Ma. pfd
Internl Nickel
Inturntl Paper
K J soutnern
Kenne Copper
Louis ft Nash
Mexl Petrolem 25,400
Miami Copper 800
Mid States OH
Midvale Steel.
Missouri Paclf
Nevada Coppr
N Y Central
N T. N H ft H
Norfk ft West
North Pacific
Ok Jfri ft Kfg
Paciflo Mall..
Pan-Am Petri S.500
Pennsylvania.. 7.000
Pitts ft W Va
Ray Con Cop
Reading
Rep Irn ft Sti
Ri-1 Dtch. N Y
Shat Ariz Cop
Sin Oil ft Rfg S.SOO
South Pacific 2,WH)
South Railwy SoO
S O. N J, pfd 1.400
Studebkr Corp 34.300
Texas Co 3.200
Tobe Products 700
Transcontl OH 1.600
Union Pacific. 4i0 116
U S Fd Prdts 60O 22
U S Ind Aico 4.WMJ 74
U S Rtl Stores ' wo
V S Rubber.. 11.900
U S Steel. ... 11,100
U S Steel, pfd WOO
tah Conner.. e"o
Westra Union poo
Wejtt Electric 700
Willys - Over 1.000
1,400
600
100
7.300
5,500
200
700
100
600
5O0
2.800
1,100
100
4.6O0
8.000
' 500
800
400
BOO
1.400
3.S00
100
100
100
1.100
2.600
4,700
7.900
100
High.
37
29
123
42
43
3S
01
74
106
71S
87 54
81
85
8714
34
!?
44
lis
34
79
50
25
62 H
26
21
74
8JV4
21
12
136
13
71
87
82
6H4
14
67
25
18 '
100
142
18
13
27
17
10
6!
16
94
77
143
60
84
28
eSiz
66
59
6
23
74
20
107
7S
a
10
Low.
37
2854
123
41
43
37
91
72
105
71
37
80
33
86
33
65
11
43
112
81
711
58
24
62
' 25
21
73
83
JK)
11
130
13
69
80
.32
61
14
66
24
IS
100
138
18
13
26
17
10
6S
16
04
75
8
14
63
83
26
12
67
64
6S
6
23
73
20
107
76
41
45
9
116
21
6."
48
70
81
109
411
90
48
8
Sale.
87
28
123
41
43
8S
91
73
87
. 80
84
86
83
11
44
112
X-79
6S
24
62
25
21
73
84
20
11
136
13
70
87
82
61
14
66
24
18
100
139
IS
13
26
17
10
69
16
94
76
3
14
S
83.
26
12
67
64
5S
23
73
20
107
76
41
43
10
116
21
65
49
71
81'
110
49
OMi
48
S
Lelpslg 4s 14
Lelpsig 5s 15
Munich 4s 14
Munich 5s 1
Frankfort 4s 15
Jap 4s 64
Jap 1st 4s 82
Jap 2d 4s 82
Paris sixes 97
U K 5s. 1921 9
U K 6s, 1922 94
U K 5s. 1929 88
U K 6s, 1U37 84
PiLOIR FIGURE EXPECTED
17
64
82 1
82
XT'
99
89
85
Metal Market.
NEW YORK, April 7. Copper quiet;
electrolytic spot and nearby, 12c; May
and June. 13c
Iron weak: No. 1 northern. $27028: No.
2 northern, $26027; No. 2 southern, $23
25.
Tin firm; spot and nearby, 30c; futures,
30.50c
Antimony Spot, 5.12 0 5.25c.
Lead dull; spot, 4.25c.
Zinc quiet; East St. Louis, spot, 4.659
4.70c
Naval Stores.
SAVANNAH, Ga., April 7. Turpentine
Firm, 4748c; sales, 452; receipts, 439,
shipments, 361; stock, 4963.
Rosin Firm: sales, 150: receipt. 364;
shipments, 1065; stock. 80.330: Quote:
B, D. E, F, G, H, $.65; K, $3.70; M, $3.75;
N. $3.80; WG, $4; WW. $4.25.
MORE DAKOTA HOES IN
SEVEN" LOADS RECEIVED BX
LOCAL PACKER.
Market In All Lines la Quiet and
Prices Are Steady to
Weak.
Eleven loads of stock reached the local
yards yesterday, seven loads being South
Dakota hogs, which were brought in by a
packer. The market was without new
feature. ' Hogs were weak at the recent
decline and cattle were slow and barely
steady. Sheep and lamb prices were un
changed. A few medium grade spring
lambs came in. Choice spring lambs were
quoted at $89.
Receipts were 82 cattle, iu.iy nogs ana
20 sheep.
The day s sales were as follows:
Wit. Prlce.l Wgt. Price.
1010$ 8.00 lbUll... 1S2U
792 2 00 2 bulls.
1980 4.601 1 hog..
788 4.001 6 hogs.,
101 11.501 4 hogs.
4 SO 7.25! 7 hogs.,
198 11.25 2 hogs. ,
210 11.25 1 hog..
148 11.50ll2 bogs.,
120 11.501 5 hogs..
390 6.15U2 hogs..
53 11.60!41 hoes..
230 11.001 2 hogs
1 cow....
1 cow. . . .
1 bull....
5 mixed. .
7 hogs. . .
1 hog....
5 hogs...
2 hogs. . .
6 hogs...
2 hogs...
1 bog....
8 hogs. . .
1 hog.
2 lambs.
3 lambs. .
9 lambs.
1 calf...
1 calf....
1 calf....
1 calf....
1 calf. ...
136 6.001
100 6.00
106 6.001
180 11.00
90 8.00
130 8.50
1 hog...
1 hog...
1 hog. . .
7 hogs. .
8 hogs.
20 lambs.
1165 8.50
160 11.25
96 11.60
137 11.25
24 8 11.00
160 11.00
180 8.00
202 10.50
272 8.00
253 10.00
158 11.60
375 9.00
850 9.50
160 11.00
490 6.00
262 11.50
273 10.00
66 - 8.00
84 6.00
BUSTERS' ESTIMATES OP CROP
REPORT CORRECT.
Wheat Taken at Higher Prices in
Belief Previous Guesses
Were) Exaggerated.
120 11.00:26 lambs
170 11.001
Receipts of stock at the yards In March
ana xor the year to date follow:
Cattle. Calves. Hors. Sheen.
March receipts. 8,467 671. 18.927 17.045
incr. tor mo 150
Deer, for mo... 1.880 412
Year to date.. 28,012 2149 63,942
Incr. for year 88
Deer, for year. 1.784 650
Ave. wgt. .hogs 203
The origin of the stock received last
month was as follows:
Catle.Calvea Hogs. Sheep.
.3990 356 6,587 10.377
.STUB
. 864
. 201
S.106
60.725
11.291
Oregon .......
Idaho .'
Washington ...
Montana ......
California
Nebraska .....
South Dakota..
Canada
183
32
1.283
1.315
4.377
2.291
116
192
1,824
7.726
49
'iii
81
110
49
91
4S
8
BONDS.
U S 2s reg 99INorth Pao 4s... 76
do 2s coupon. .'99 North Pao 3s. ..'53
do 4s reg...104 Pac T ft T 5s...84
do cv 4s cou.104Penna con 4s..83
Panama 3s reg.78 S P cv 6s. pfd.. 92
do 3s cou.... 78!So Ry 5s 84
A T & T cv 6s. 99Union Pac 4s... 80
Atch gen 4s.... 77 U S Steel 6s.... 116
D ft R con As.. 64
Mining Storks at Boston.
BOSTON, April 8. Closing quotations:
Alloues 1601d Dominion.. 17
Arix Com 7Osceola' 23
Cal ft Hocla. ..210 . Quincy 37
Centennial .... 8 superior 3
Cop Range Con. 30 Sup ft Bos Min. 1
7 Shannon
Hi I "tah Cons .
17 I Winona ....
2Wolverlne ..
44 Granby Con ,
8
1
3
50
10
21,
E Butte Cop.
r-ranKiin ....
Isle Royale .
I.ake Copper..
Mohawk ....
North Butte..
Liberty Bond Quotations.
NEW YORK, April 7. Liberty bond
quotations closed as follows:
3s 90.203d 4s 90.88
1st 4s .........87.70 4th 4s ....... 87.84
2d 4s 87.52IVictory 3s .. 97.58
1st 4s 87.90Victory 4a .. 87.58
2d 4s 87.701 'Bid.
Swift Co. Stocks.
Closing prices tor Swift ft Co. stocks of
Chicago were reported by the Overbeck ft
Cooke company ot Portland as follows:
Swift ft Co 100
Llbby. McNeill ft Libby 10
National Leather 7
Swift international
Money, Silver, Etc..
NEW YORK, April 7. Prime mercantile
paper, 70 7 per cent.
Time loans steady; 60 days, 90 days and
S months, 6&'7 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, 99 c; foreign,
58 e per ounce.
Mexican dollars, 44 e.
LONDON, April 7. Bar silver, 83d
per ounce. Money, 6 per cent. Dis
count rates Short bills. 6 per cent; 8
months' bills, 6 & 6 8-16 per cent.
Foreign Exchange.
Foreign exchange rates at close of busi
ness yesterday, furnished by Northwestern
National bank of Portland. The amount
quoted is the equivalent of the foreign unit
In united states tunas:
Total 8467 571 18.S27 17.045
The following prices are current at the
local yards:
Choice steers '.$ 7.25 7.75
Medium to good steers 6.75 7.50
Fair to medium steers 6.00 6.73
Common to good steers ...... 6.00 6.00
Choice cows and heifers 6.00ft 6.75
Medium to good cows, heifers. 5.50 6.00
Fair to medium cows, heifers. 6.00 5.50
Common to fair cows, heifers. 4.00 5.00
Canners 2.50 4.00
Bulls 3.50 6.00
Choice dairy calves 12.5013.00
Prime light calves 11.00 12.50
Heavy calves 6.00 7.50
Rest feeders 6.00 6.50
Fair to good feeders ......... 6.50 6.00
Hun
Post
Chequea Rem.
$ .0032 $ .0036
. .0750 .0754
, .0135 .0139
. 0142 .0146
1830 .1834
Austria, kronen
Belgium, francs
Bulgaria, leva
Czecho-Slovakia, kronen,
Denmark, kroner
England, pouna sterling. o.vu
Finland, finmark 0255 . .0259
France, franca .0720 .0724
Germany, marks. ........ .01611 .0173
Greece, drachmas 0740 .0744
Holland, guilders K4M2 .3486
Hungary, kronen 0040 .0044
Italy, lire 0145 .0449
Jugo-Slavia, kronen 0075' .0079
Belgium, francs 0750 .0754
Portugaj, escuaos ........ .U3u .0894
Rouniania, lei .0155 .0159
Serbia, dinara OJ'.IO .0294
Spain, pesetas .1415 .1419
Sweden, kroner 2370 .2374
Switzerland, francs 1741 .1745
China-Hongkong, local cur
rency 4'J5
Shanghai, taels.v 6400
Japan, yen. .- .48,u
NEW YORK, April 7. Exchange irreg
ular. Sterling, demand 3.91; cables.
3.92 OJ-; francs, demand 7.09, cables 7.11;
Belgian francs, demand 7.39, cables 7.41;
guilders, demand 34.60, cables 34.70; lire,
demand 4.34, cables 4.36; marks, demand
1.61, cables 1.62; Greece, demand 7.20; Ar
gentine, demand 32.25; Brazilian, demand
13.75; Montreal. 10 9-16 per cent discount,
Foreign Bonds,
Foreign bond quotations furnisher) by
Prime light J. 11.0011.25
Smooth heavy 10.2510.75
Rough heavy 6.00 9.25
Stags 5.00 9.25
Fat pigs 11.00 9.25
Feeder pigs 11.00 & 11.75
Sheep
Prime east-of-mountaln lambs 7.00 8.00
Valley lambs 6.00 6 25
Heavy lambs, 90 lbs. and up.. 6.00 6.00
Feeder lambs 6.00 6.00
Cull lambs 4.00 5.00
Yearlings .." 5.50 6.00
Wethers 6.00 6.75
Ewes i 1.60ffl 6.00
Chicago Livestock Market.
CHICAGO, April 7.1-Cattle Receipts,
11.000 head. Beef steers slow, fully 25c
lower than general trade yesterday: prime
yearling heifers and steers, $9.50; top
heavy steers, $9.25; bulk beet steers, $8
8.75; butcher she stock slow, weak; bulk
fat cows and heifers, $5.257.25; bull:
slow; bolognas, largely $4.25)4.60; beef
grades mostly $a.256: calves steady
bulk vealers, $7S; stockers and feeders
slow, weak. a.
Hogs Receipts, 80.000 head. Opened
15c to 2uc lower; later lights and mediums.
25c to 40o lower; others 15c to 25c lower
than . yesterday's average. Top early,
$9.90; bulk 200 pounds down, $9.609.85
'bulk 220 pounds up. I8.65&9.25; pigs 25c
to 35c lower; bulk desirable, $9.75&9.8S.
Sheep Receipts. 16,000 head. Mostly
steady, wooied lambs, top, $9.90 to ship
pers; bulk, $8.759.5fl; shorn top to city
butchers. $9; bulk, $88.75; choice 176
pound wooied wethers, $6.75.
Omaha Livestock Market.
OMAHA. April 7. Hogs Receipts. 8500
head. Light butchers active, steady to 15c
higher, others uneven, mostly steady. Bulk
medium and light butchers, 18.80 W 9. 25
top, $9.35; bulk strong weight butchers.
250 pounds and over, $8.25)8.75; packing
grades. xi.outxiH.
Cattle Receipts, 4500 hesd. Beef steers
and she stock generally- 2&50c lower:
bulls and veals weak; stockers and feeders
weaK to 5C lower.
Sheep Receipts, 6000 head; killing
grades strong to luc to 15c lower. Tod
lambs, $9.40; ewes, top, $6.25; no feeders
here.
CHICAGO, April 7. Wheat averaged
higher today, owing to buying based on
correct anticipations that the govern
ment crop report would suggest a smaller
yield than recent private estlmatea -The
market closed unsettled, at the same as
yesterday's finish to lc advance, with
May $1.36 to $1.36 and July $1.13 to
$1.13. Corn gained c to c and oats
c to e. In provisions the outcome
was 25c to 75c decline.
According to the government report a
yield of 621,000,000 bushels may be looked
for, whereas until todav a maiority of
traders were exDectlns- 630.000.000 to 640,-
000,000 bushels. Prevailing lower tempera
tures in some sections of the west tenneu
further to harden prices, but no damage
was reported. The chief handicap to the
bulls was the economic outlook, especial
ly the breakdown of efforts to bring about
a settlement of the British coal strike.
C.rn and oats were firmer with wheat
and as a result of the smallness of receipts.
togetner with wet weather delay to seed
ing of oats.
Downturns in hogs weakened provisions.
The Chicago market letter received ves-
terday by the Overbeck ft Cooke company
of Portland said:
Wheat Held within a narrow range
until publication of the government re
port and then declined on selling by those
who considered the figure bearish in the
sense that the private estimates were con
firmed. In analysing the Indicated crop,
one must take into consideration the ex
tremely small amount of winter killing
with possibility that the abandoned acre
age this year will be the lowest on record.
Whereas the government figures are com
puted at this time on the basis ot an
average abandonment. This means the
outlook is for a larger crop than sug
gested. The foreign demand was inactive
and the south-west is said to be offering
wheat very freely. Ail cash markets were
lower and spot premiums In Chicago re
duced 1 to 2 cents. Milling centers con
tinue to report etangnation In flour trade.
Another bearish factor was the large esti
mated Argentine shipments for this week.
A decided change in the Immediate situ
ation seems essential to impart strength to
tne lutures market.
Corn Trade moderate and fluctuations
narrow with market displaying an under
current of strength, based on firmness in
the cash market where the trading basis
was quotable half a cent higher. Receipts
in Chicago only 55 cars, the smallest of
the season and country offerings to arrive
lignt. 11 a toe us were not so large, this ab
sence of cash pressure would no doubt be
-a strengthening factor In the market, but
witn available supplies burdensome and
commercial consumers buying only on 1
hand-to-mouth basis, there is little Indl
cation of a sustained advance at this time.
Oats Sold lower with other grains, but
offerings were not heavy and a good ab
sorption on the decline with result that
market closed with a firm tone. Receipts
were small and the cash market Strong at
cent above yesterday's trading basis.
The favorable crop outlook continues to
militate against constructive endeavors.
Rye Trade in rye futures was featured
by a good demand for September delivery.
cash rye was a shade easier with No. 2 on
track at $1.40. The government report
was considered slightly bullish.
Provisions Again lower on renewed
liquidation and inadequate support. The
decline of 23 cents in hog prices served as
the bearish incentive. Cash trade was
quiet.
Leading futures ranged as follows:
Open. High. Low. Close.
WHEAT.
$1.33 $1.36 $1.84
1.13 1.11
CORN.
.60 .59
.64 .63
OATS.
May 87 .37 .87 .87
JUly 38 .39 .38 .39
ested in the project, has made ar
rangements with Portland institu
tions for financing- this development,
and it is anticipated that $100,000
will be expended in construction on
the lower unit of the project this
season.
Plans are under way for the or
ganization of a flour milling company
and the erection of a small mill at
Danner, Or., the new town in the
Jordan valley project. The mill is to
be operated with hydro-electric pow
er, which will be developed at the
new diversion dam on Jordan creek.
The undertaking, including the erec
tion of the mill and Installation of
machinery and erecting the hydro
electric plant four miles from Dan
ner, It is estimated will cost $10,000.
28 ALIENS GET PAPERS
Iiiwanis Club Arranges Programme
for Xew Citiiena.
ASTORIA, Or., April 7. (Special.)
At a public meeting held in the cir
cuit court room tonight, certificates
of citizenship were presented to 28
foreign-born residents, who recently
passed the naturalization examina
tions to become citizens of the coun
try. The ceremony was arranged by the
Kiwanis club,' which conceived the
idea of extending a public welcome
to the new citizens. Addresses were
made by Circuit Judges Eakin and
James L. Hope, chairman of the
Astoria school board. The latter pre
sented diplomas to several of the
men, who are graduates from the
night schools, which the local educa
tional department conducted during
the winter months.
May
July
May
July
1.11
.60
.63
$1.38
1.13
.60
.63
May
July
MESS PORK.
16.60
16.83
May
July
May
July
ranch, white shells, 29&30c; select local the Overbeck ft Cooke company of Port-
, iu,H rnlnri. 27&i.iK mill-,- M
ranch, mixed colors, 270-28C; pullets, 23
v24c
Butter city creamery, in cubes 42c.
bricks or prints 43c; country creamery
extras, cost to jobbers. In cubes. 39c
London Wool Prices Unchanged.
LONDON, April 7. At the wool auction
les todsy 3633 bales of free wool were
offered. There wss a moderate demand,
but half of the offerings were sold at
unchanged prices. Six thousand bales ot
government wool were withdrawn, owing
to the high limits.
The' government sales for tomorrow and
next week have been cancelled. Free wools
will be offered from Monday to Friday,
inclusive. .
Bid. Ask.
Russian 5s, 1921.... 19 21
Russian 6fes, 1926 11 4
Russian 6s. 1919 20 22
French 5s. 1931 55 56
French 4s, 1917 45 46
French 5s, 1920 66 68
ItaWn As, 1918 31 33
British 6s. 1922 34 896
British 5s. 1927 370 8S2
British, 0s, 1929 370 382
British vky 4s... 2!S 310
British ret. 4s 2iS 2S0
Belgium rest us 66 04
Belgium prem 5s 70 73
German W. L. Cs 12 14
Berlin 4s 13 14
Hamburg 4s 14 36
Hamburg 4 i Hi. 18
Kansas City Livestock Market.
KANSAS CITY, Mo., April 7. Cattle
Receipts, 3500; few beef steers early un
evenly lower: some without morning bids
early top, .60; shs stock mostly 25c
lower; good and choice cows, $66.50
few prime cows, $6.75; calves, steady;
good and choice, $7 8; practically no de
mand for canners, bulls and feeders; few
sales weak to unevenly lower.
Sheep Receipts, 7000; killing- classes
steady; 75-pound lambs, $9.15.
Seattle Livestock Market.
SEATTLE, . April 7. Hogs Receipts,
none; weak:- prime, $1111.65; smooth
heavies. $1011; .rough heavies, $S(ij8-60;
pigs, io 11.50.
Cattle Receipts., none; weak; prime
steers $7.758.25; medium to choice, $6
7.25; common-to good, $5.50-6.50; best
cows and heifers, $6.50(7; medium to
choice. $4.505.6O; common to good. $3
4.50; bulls. $45.50; light calves, $10.50
12; heavy, $67.
SAST FRANCISCO- PRODUCE MARKET
Prices Current on Vegetables, Fresh Fruits,
Ef.. at Bar City.
SAN FRANCISCO, April 7. Vegetables
Asparagus, 7llc; squash,- cream, 65
75c: pMtoes. street prices, rivers No. 1.
t2.002.35; sweet potatoea . $5.006 6.50;
new potatoes, 69c; onions.. -Austrslla
$2.504; garlic. 6 & 8c; cauliflower. 40 75c
dozen, cabbage, ic per pouna: Den pep
pers. Los Angeles. 1020c: turnips, oocw
$1; beets, $11.50; parsnips. $22.25;
carrots. 75fi-$l: peas. 66 So; rhu
barb, Alameda, $1.25 1.75; lettuce, $2.25
$2.60; artichokes, $5.007.00 crate; spin
ach, 8 5c; egg plant, 20 30c.
Poultry Hens. 2537c: strictly young
rooKters, 4044c; old. 20 22c; fryers,
65 80c: broilers, 40 -f? 50c: ducks. SO I? 35c;
squabs, 6065c; pigeons, $3.003.50 dozen;
Belgian hares, 23 25c; jackrabbits. $3.00
Q3.50 dozen; turkeys, nominal.
Fruit Oranges, navel, $2.004.75 box:
lemons. $2.00 63.50; grapefruit, $1.503.50;
tangerines. S1.5fl3.60; apples. $1.763.00'
bananas, 910c; avocadoes, $3.007.00;
strawberries. Imperial valley and Los An
geles, $3.003.75 crate; Peninsula, $1.50
$2 drawer.
Receipts Flour, 7674 quarters: wheat,
835 centals; barley, 8835 centals; beans,
1216 sacks; corn, 1800 centals; potatoes,
1282 sacka; onions, -16 sacks; hay, 326
tons; oats, 657 centals; hides, 503 bun
dle Cotton Market.
NEW YORK, April 7, Cotton Spot
qutatiejniddlins, 12c, . . j
LARD.
10.20 10.25 10.10 10.15
10.70 10.70 10.50 10.53
SHORT RIBS.
0.65 - 9.65 9.40 9 60
10.03 - 10.05 9.80 S.90
Cash prices were as follows:
Wheat No. 1. red, $1.43; No. 2 hard.
$1.47.
Corn No. 2 mixed, 58 c; No. 2 yellow,
5959c.
Oats No. 2 white, 38 3'Jc; No. 8
white, 36 37c.
Rye No. 2. $1.40.
Barley 59 72c.
Timothy seed $4 5.50.
Clover seed $12 15.
Pork Nominal.
Lard $9.95.
Ribs $9 10. '
Primary Receipts.
CHICAGO. April 7. Primary receipts-
Wheat. 761,000 bushels, against 436.000
bushels; corn, 417,000 bushels, against
3721000 bushels; oats, 294,000 bushels.
against 451,000 bushels.
Shipments Wheat, 262,000 bushels,
against 614,000 bushels; corn, 629,000 bush
els, against 262,000 bushels: oats, 644,000
bushels, against 682,000 bushels.
Car receipts Minneapolis: Wheat, 143;
corn, 9; oats, 3; barley, 20; rye, 6; flax, 13.
St. Louis: Wheat, 54; corn, 29; oats, 16.
Kansas City: Wheat, 24; corn, 23; oats,
5 Omaha: Wheat, 50; corn, 31; oats, 4.
Minneapolis Grain Market.
MINNEAPOLIS, April 7. Wheat futures
May. $1.29; July, $1.23.
Barley. 47 68c
Flax No. 1, $1.561.59.
Winnipeg Grain Market.
WINNIPEG. April 7. Wheat futures-
May, $1.65; July. $1.47.
Grain at San Francisco.
r SAJf FRANCISCO. April 7. Grain
Wheat, milling, $2.152.20; feed, $2.05
2.15: barley, feed, $1.101.15; shipping,
$1.201.40; oats red, feed. $1.451.55:
corn, white Egyptian, tl.r0&l.tK); red
mtlo, $1.757)1.80; rye, nominal.
Hay Wheat, $202l; tame oats, $17
19; wild oats, $1215; barley, $1213;
alfalfa, $1720; stock, $1014.
Seattle Grain Market.
SEATTLE, April 7. Wheat, hard white,
$1.15; soft white, $1.13: white club. $1.12;
hard red winter, soft red winter, northern
spring and eastern red Walla, $1.09; Big
Bend bluestem, $1.18.
Citv delivery: Feed--Scratch feed, $52:
baby scratch feed, $71; feed wheat, $52;
all gram chop, $43; oats, $42; rolled oats,
$44; sprouting oats, $47; whole barley,
$40; rolled barley. $42; clipped barley,
$47: milled feed. $32; bran, $32; whole
corn, $39; cracked corn, $41.
Hay Alfalfa. $24; aoume compressea
alfalfa, $30; ditto timothy, $8; eastern
Washington mixed. $32; straw, $24;
Fuget sound alfalfa, $30.
Coffee Futures Firmer.
KBW YORK. April 7. The market for
coffee futures showed evidence of a firmer
technical Dosltlon today, an early aecune
being followed by rallies on covering. The
opening was 5 to 13 points lower. Last
prices were as about tne nest 01 tne aay,
with the market showing a net advance
of 1 to 6 points. Closing bids: May, 5.70c;
July, 6.12c; September, e.ac; uciooer,
6.63c: December, 0.8 ic; January, o.voc;
March, 7.15c.
Spot coffee quiet; mo is, oo; cantos
4s, 99o.
New Tork Sugar Market.
NEW TORK. April 7. Raw sugar, 6.02c
for centrifugal. Refined sugar, 8c for fine
granulated.
Dried Fruit at New York.
NEW TORK, April 7. Evaporated ap
ples, quiet and firm; prunes, steady;
peaches, dull.
Duluth Linseed Market.
DTJLTJTH. Minn.. April 7. Linseed, on
track and to arrive, $1.40.
GUARD ELECTS CAPTAIN'S
Emerson E. Grover Chosen to Head
Company K at Independence.
SALEM, Or, April 7. (Special.)
Emerson E. Grover, sergeant, was
elected captain of company K, Ore
gon National Guard, at Independence
last night, according to an announce
ment by the adjutant-general today.
Sergeat Hanson was elected captain
of company E, of Portland; Frank
Waters captain of the quartermaster
corps, and: Sergeant Ferguson captain
ot the Marshfield company.
Long-Bell Co. Buys Timber,
KELSO, Wash., April 7. (Special.)
Deeds covering the purchase of 1200
acres of timber land by the Long-
Bell Lumber company of Kansas City
from W. E. Goodfellow of Minneapo
lis, Minn., have been filed with the
county auditor's office. The timber
is in the same district where the
Long-Bell company previously pur
chased from the Weyerhaeuser Tim
ber company. Revenue stamps af
fixed to the deed indicate -that the
price was $150,000. '
Over $1000 Security
For Every $75
Invested
This $75,000 is a direct lien on more than
$1,000,000 worth of improved business and
residential property in the city's heart.
-10 Year 7
Imp. Bonds
GreybuU, Wyo. 7
TS 4 Art Vi.U "
Price 100, Yield
INCOME TAX EXEMPT
a bond you should know more about.
ium5ekmeh5
trust Company
BROADWAY AND OAK
pAREFUL INVESTORS should pur-
chase securities from an institution
whose character, stability and manage
ment are an assurance of continued pro
tection to its customers.
This bank maintains its Bond Depart
ment to afford you that assurance and
protection in making safe investments. .
Kelso Buj-9 Fire Equipment.
KELSO, Wash., April 7. The Kelso
city council has purchased a modern
chemical fire truck equipped with
hose and ladders in addition to the
complete, chemical outfit, also an
electric siren, which can be heard
four miles, for use as a fire alarm.
A building owned by the city at the
east end of the bridge will be moved
to the city auditorium lots to house
the new equipment. Bids on the pro
posed sewer project on Academy
street were rejected as too high.
Kelso Boys to Raise Camping Fund.
KELSO, Wash., April 7. (Special.)
The True Blue Boys of the Presby
terian church will open a store Sat
urday with a large variety of goods.
The boys had money in the Kelso
State bank, wfiich they had raised by
a minstrel shoT7 and other means, to
defray the expenses of their summer
camping trip and are now starting to
raise another fund for that purpose.
CANADIAN BONDS
Security Due Yield
City of Montreal 1923 o
Greater Winnipeg Water Dist.. 1923 7&0n
Calgary, Alberta, Schools 1923 W U
General Obligations of Large Municipalities.
Portland KEELER BROTHERS Dc-
Investment Securities
UNITED STATES NATIONAL BANK BUILDING
Broadway 5800
DAILY METEOROLOGICAL KKPORT.
PORTLAND. April T. Hirtst tern
perature, 65 degrees; lowest, 18. River
reading, 8 A. M., 7.8 feet; change in last
L'4 hours, 0.2 foot rise. Total rainfall
(5 P. M. to 5 P. M ). none; total rain
fall since September 1. 1920. 41.87 Inches
normal rainfall since September 1, 81.51
inches; excess of rainfall eince September
1, 1U20, 3.86 inches, ounrlse, A. M
sunset. 6:17 P. M.; total sunshine, 10
hours and 36 minutes; possible sunshine,
13 hours and 8 minutes. Moonset, Friday
7:32 P. M. ; moonrlse, Saturday, 6:20 A.M.
Barometer (reduced to sea level), 5 P. M
30.06 inches. Relative humidity: 5 A, M
S per cent: noon, "2S per cent: S P. M.
27 per cent.
THE 'WEATHER.
!C g X V i"d
a 2s 2
1 I IS ! 5
- ! s ?
STATIONS. 5 3 : i : Weather.
; ;
5 . . . .
t : : :
f I : : :
Baker .....
Boise
Boston .....
Chicago ...
Denver ....
Des Moines.
Eureka ....
Galveston . .
Helena
Juneaut . .
Kansas City
Los Angeles.
.Marshfield .
Medford ...
Minneapolis
New Orleans
New York..
North Head.
Phoenix ....
Pocatello . .
Portland ..
Roseburr . .
Sacramento
St. Louis...
Salt Lake..
San Diego..
San Fran...
Seattle ....
Sltkaf
bDokane ...
Tacoma
Tatoosh Isl.
Valdezt ...
Walls Walla.
Washington
Winnipeg .
Yakima . .
&O0.00j. .j.N'B (Clear
5,0.0il. .NWfClear
4i O.WHIUIK
72;0.OS . . XW
32 004
54,0.10). .JNE
62l0.00f. . W
74l0.22;10 SE
30.0.00.14SW
t4Si0.08. .
bo o. we l
611 O.OOjlOi
SSiO.Oll
64'0 00
50 0.481
48 0.00 10!
54 i 0.00
7410.001
SS 0.001
6.VO.00
2.0.001
64 o.oo:
76IO.40
42 0.02,
60! 0.00: 14
12
54 O.OO;
ss:o.oo
J4SI0.1S
o2 u.m
600.00
52 0.00
3S!0.5
58:0.001,
IB
s
w
N'W
sw
w
w
sw
sw
X
s
SB
sw
-v-w
IW
XW
X
X
Rain
Clear
.(SB (Cloudy
s:iear
teloudy
fcloudy
fi. ciouay
Kaln
Pt. cloudy
Clear
Cloudy
.:ouay
uiear
Rain
Cloudy
("ear
(Clear
(Cloudy
Cloudy
rt. ciouay
rcioudy
i louay
fl. ciouay
rciear
Clear
Rain
Pt. cloudy
v.iear
Cloudy
X
601 0 0.04 12B
..( 2M0.02(1213
341 62!0.00l. .
SW krioudy
(Clear
Cloudy
Cloudy
(Clear
tA. M. today.
eeertlng day.
tP. M. report of pro-
FORECASTS.
Portland and vicinity Friday, fair;
westerly winds.
Oregon and Washington Friday, fair
heavy frost in ths morning: moderate
westerly winds.
Read The Oreponian classified ad.
IRRIGATION WORK TO BEGIN
Jordan Valley Project Secures Aid
in Portland.
JORDAN VALLEY, Or., April 7.
(Special.) Construction work on the
Jordan valley irrigation project will
be resumed May 1. according; to J. "W.
Maney of Oklahoma City, Okla., pres- j
laeni VI mo ,uiusu , a . i c j uauu aim
Water company, owners of the proj
ect. The project . consists of 30,000
acres of land, only about 3000 ol
which is at present under irrigation.
HarJey J. Hooker, who is also inter
BONDS
IMPROVEMENT
PROVINCIAL
SCHOOL
WATER
to yield
6 to 8.50 ;
Western Bond &
Mortgage Co. -
Main 113 80 Fourth St.
Board of Trade Bide.
Ground Floor.
?8
5
MONEY TO LOAN
We have eastern life insurance and other funds
available to loan on business properties, apart
ment houses and choice residences.
Mortgage Bond Company
Main 2831 Wilcox Bldgf.
PRICES FOR CATTLE LOW
Steers In Jordan Valley In Prime
Condition for Market.
JORDAN VALLEY, Or., April 7.
(Special.) Stauffer & Stauffer, Juni
per mountain stock raisers, are re
turning V summer range several
hundred steers that have been on full
feed for three months in preparation
for shipping to market. The steers
are in prime condition, but present
prices do not warrant their being
marketed. The Juniper mountain
district of the Jordan valley country
is one of the greatest beef-producing
sections in eastern Oregon and com
pares favorably with any stockrais
lng area in the west.
A herd of 200 head of range cattle,
recently sold, brought the new low
price record -of several years in this
valley. Cows, steers and heifers, with
small calves Included, brought 27.50
head. Cows and calves sold by
Stauffer & Stauffer and steers sold
by the Jordan Valley Cattle company
to Kred Phillips of Baker, Or.,
brought a much better figure. Out
side buyers, who have been In the
Jordan valley recently endeavoring
to buy several hundred head of year
line: steers, have found no cattle
available at the prices they were of
fering.
Road Schedule Announced,
KELSO, Wash.. April 7. (Special.)
-Th state highway department has
announced the following schedule of
road construction for the highways
of this vicinity: Paciflo highway,
complete approach to Toledo bridge
this year; pave between La Center
and Pioneer, 4H miles, contract
already let; grade La Center to
Woodland, this year and next; pave
nine miles Woodland to Kalama, this
year, completed next; straignten road
through Carrolls. Ocean Beach high
way, start Kelso bridge this year,
complete next; gravel from Grays
river to Deep river, Wahklakun
county; grade Nasel to Nasel river;
gravel Nasel river to Bear river.
Valuable Ore Found.
GRANTS PASS, Or., April 7. (Spe
cial.) Ore located nenr this city by
O. U. Shadlnger and W. H. Patillo Is
said to carry platinum, gold and lrr
rtium to the value of $712 a ton.
Reducing
Tire Costs
Assuming that sverna-e annual
tire expense for Orexon aulolsts
Is 1100 per car, OrcKonlans cp. nd
J12.500.0un for tires each yar
bused upon 125,000 curs. Figur
ing there is 20 per cent less wr
over resilient, bituminous pave
ment (a low estimate), there
would be a saving of 2,&00.000
annually In tires alone in favor
of the resilient, bituminous type
of pavement, providing all roads
used were paved. Resiliency is
typified in
WARRENITE
BITULITHIC
Exempt from all Federal Income
Taxes.
Miami
Conservancy
District, Ohio
SVz Bonds
Due 1926-1944.
Price 100 and interest
yielding 5
Circular on request for OR-383.
The National City
Company
Offices In more than SO cities.
IT eon Building, Portland.
Telephone Slain 6072.
FINING MEN
A'nwi'iON
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, althoup-h not op
erating at present, has been a
good producer.
ROSE GOLD MINING &
MILLING CO.
1115 N. W. Bank lildff.
Phone Main 9110
HERRIN & RHODES, Inc.
(Established 1 KOff. I
BROKERS
MEMBERS C UM A;0 DOARD OW
TIIAUB.
Correspondents. K. F. IIVTTO A
CO. Memlwrs New Vork titock Ki.
change. I'rlvale Leased Wires
Direct to All security and Com
modity Markets.
LIBERTY AND VICTORY BONDS
BOVGHT AMD BOLD
MAI 2K3 sua tH4
201-3 BAILWAt tttli. ULDG.