Morning Oregonian., May 11, 1921, Page 21, Image 21

THE 3I0RXIXG OREGONIAX, WEDNESDAY, MAT 11, 1921 "
' 21
WINTERWHEATGROP
16.02LI.CU0 BUSHELS
Good Oregon Yield Estimated
by Statistician Kent.
AREA LESS THAN YEAR AGO
Sprin? Seeding Belayed in West
ern Counties, but Average Prog
ress Made East of 3Ionntains.
A crop of 16,020,000 bushels of winter
wheat in Oregon in 1921 Is forecasted by
V. L, Kent, agricultural statistician of ths
United States bureau of crop estimates.
This forecast i teased on an estimated area
remaining: for harvest of 712,000 acres and
a May 1 condition of 99 per cent. Tha
winter damage to the crop was less than 1
per cent and spring moisture conditions
have been very satisfactory over the
greater part of the wheat producing area
of the state. The 1920 Oregon winttr
wheat crop was finally estimated at 17,
M.000 bushels, produced on 791,000 acra
jtfay There appears to be a slight de
crease in the total hay acreage of the
State as compared with a year ago, but
edition of the hay fields and meadows
May 1, 1921, was estimated at 99 per
Dt of normal, compared with 93 per cent
year ago. Considerable new acreage was
seeded to alfalfa last year, but a couaid
able area of old fields baa been plowed
up and seeded to other crops, which will
later be resown to alfalfa. The hign
prices prevailing for hay during recent
years (prior to this year) have cause i
. growers to hold on to rundown alfal'a
fields longer than would ordinarily be con
sidered good farming practice. Present
hay crop condition indicates a state pro
duction of about 2,025,000 tons of tame
hay and 240.000 tons of wild bay. The
per cent of last year's hay crop remaining
on farms on May 1, 1921, is estimated at
12.0 per cent, compared with 5.0 per cent
in 1920, with 5.0 per cent in 1919 and H 0
per cent In 1918.
Spring plowing and seeding The acrease
finished is considerably below the usual
In the western part of the state. In most
counties of the eastern part of the state
this work is at about the usual stage. Or
dinarily it is possible to do considerable
plowing in the western portion of the
state daring January and February. This
season there was practically no early
spring plowing done-before the latter par;
of March. This condition has thrown
practically all of the spring work forward,
with the result that the normal amount i
has not been accomplished. In the eastern
portion of the state the conditions have
been very favorable for spring plowing
and seeding, except in the counties of
Union and Wallowa, where the work has
been delayed by more than the usual
amount of rainfall. In the principal wheat
growing districts summer fallow plowing
Is well along, in fact, has been finished on
many farms.
Fruit Considerable difference of opinion
exists with reference to the condition of
the fruit crop of the state. It is known
that there was considerable damage to
early fruits, such as peaches and apricot,
from freezing. In sorne sections, while
other sections suffered no injury. Jusi
what effect the continued rainy weather of
the latter part of April and early May has
had on pollenlzation is yet to be deter
mined. In some parts of the state apples
are just now In full bloom and the amount
of fruit that will set la yet to do aeier
mined. " Advices from our Washington D. C.)
office state that "the territory in which
fruit has been severely damaged by
freezes has increased in size and now em
braces portions of the central belt of tne
United States as far west as the Rocky
mountain. The severe frost of April ?4
and 23 probably caused almost a complete
failure of cherries, apricots and peaches
In the southern counties of Idaho and
damaged peaches considerably in Utah.
The berry crop throughout the country has
apparently escaped serious injury"" "
ing the week except that from some sec-!
tlons they show the effect of warm weath
er and such stock sells at a discount under
the better qualities.
With the approach of warm weather
the United States department of agricul
ture has a bulletin urging farmers to pro
duce Infertile eggs. The government pam-
plet points out that eggs of this chara-3-Jf
r are worth more money and adds a
number of other instructions for. increased
production and less spoilage. It follows:
"Do you know that your eggs will be
worth more money if you
"Produce infertile eggs by removing the
roosters from the flock In the summer
time?
"'Provide clean nests and keep eggs
clean? , , .
"Do not wash eggs?
"Gather eggs twice daily during the
summer to prevent them from being heated
by the hen?
"Keep them in a cool, dry place, away
from flies?
"Market thera at least twice a week?
"Insist that they be bought on a quall'y
graded basis?"
Poultry prices are firm and some ad
vance in values has been noted late in the
week. Current marketings have not ben
sufficient to take care of the demand. A
general "Swat the Rooster" movement is
now on throughout the producing states
and it is expected the marketing will
continue during the next three or four
weeks.
E IS
81
SHORTS ' AGAIX ACTIVE
STOCK 3IARKET.
rx
Rails Cancel Much of Prerious
Gains General Ust Affected
by Call Money Rise.
Local Butter Market Active.
The butter market was steady with an
active demand at the 2j-cent basis. Deal
ers see no reason to expect an earlvchange
in prices, even when the make becomes
larger, as the 25-cent quotation appears
attractive to storers. The movement of
prints continue . slow.
There were no new developments in the
egg situation. Receipts are gradually de
clining and prices hold steady. Yester
day's arrivals were taken at 17igl8c.
Poultry . and dressed meats continue
weak and slow.
First Oregon Strawberries Received.
The first crate of Oregon strawberries
arrived yesterday from Riddle. The fruit
was well colored and was sold to a hotel
at the very good price of $10.
A car of California berries arrived from
Florin. They were quoted at $3.40 -1.50
and did not entirely clean Up.
Bank Clearings.
Bank clearings of the northwestern
cities yesterday were as follows:
Clearings. Balances.
Portland $4.SS3,4n3 $ 7S2.450
Seattle 4,244.570 8tO,S70
Tacoma 798,011 ItiS.mtO
Spokane 3.114,804 274,540
rORTLAXD MARKET QUOTATIONS
Grain, Floor and Feed.
Merchants' Exchange, noon session.
-Bid-
XEW YORK, May 10. Sentiment In the
financial district today was increasingly
bearish and this feeling found free ex
pression in the stock market, where most
of the shares were subjected to renewed
selling pressure.
Tobacco, food and utility groups were
extensively sold to the accompaniment of
reports hinting at new financing, which in
turn was expected to involve aiviaena re
duct ions or omissions.
Rails, which rose almost buoyantly in
yesterday's final hour, canceled much of
their gains when rumors circulate! mat
no immediate settlement of wages and
freight rates was orobable.
Almost the only stock of which bears
were cautious . was Mexican Petroleum,
which made an extreme advance of 3Vi
points in the last hour, when tbe balance
of the list made further concessions to tne
rise of call money from t-M to 7 per cent.
bales were si' o. 000 shares.
Publication of the United States Steel
tonnage report for April, disclosing a fur
ther decrease of almost 4o0.0u tons, was in
line with expectations. Unfilled orders of
the steel corporation now are less than
0,14)0,000 tons for the first time sine Ju.y,
1919.
All the more important foreign ex
changes were firm to strong.
Strength of exchange was helpful to in
ternational bonds, but most domestic is
sues, including rails and the liberty
group, were irregular or heavy. Total
sales, par value, $12,173,000.
CLOSING STOCK QUOTATIONS.
(Furnished by Overbeck Cooke com
pany, Portland.)
Sates. High. Low.
Adms Express U00 ....
Advance Rum
300
May. June
$ i.:ts $i.S:t
1.32
1 A
1.20
l.SO
1.37
1.32
1.21
1.30
1
30.30 30.00
au.uo ao.oo
2.00 22. "ft
6.00 27.00
31.00 31.00
30.00 30.00
LITTLE CHANGE IN WHEAT PRICES
Trading Is Small in Volume Locally and
at Country Points.
The wheat market was about steady yes
terday and quiet both locally and in the
country. At the Merchants Exchange
soft white bids were reduced 1 cent and
northern spring advanced 1 cent. The
other grades were unchanged. Coarse
grain offers were also the same a Mon
day. Broom hall's cable from Argentina said:
"Export operations at Buenos Aires have
ceased and the custom house Is closed.
There Is a serious conflict between em
ployers and labor."
Le Count's report on wheat from Okla
homa, waa bullish. "Wheat headings
should come soon; probably yield 6 to 10
bushels per acre; am informed that north
ern Texas almost worthless; will run
about 25 per cent of average; strong wind
parching tho ground.'
The Canadian wheat visible decreased
630.000 bushels and oats increased 1,330,000
bushels.
Terminal receipts. In cars, were reported
by the Merchants' Exchange as follows:
Wheat Bar. Fir. Oats Hay
Portland. Tuesday 105
Tear ago.
"Wheat
Hard white ,
Soft white
White club
Hard winter
Northern spring
Red Walla
Oats
No. 2 white feed
No. 2 gray
Barley
Standard feed
Millrun . . .
Corn
No. 2 E. Y. shipment....
No. 3 E. T. shipment. .
FLOUR Family patents, $8.60 per bar
rel; who e wheat $7; graham $6. SO; bakers'
hard wheat, $S; bakers' bluestem patents,
$7.50; valley bakers,' $7; straights, $7.
AIILL.FSED Prices t. o. b. mill: Mill
run, $2!) per ton ; rolled barley, $38 (g 40;
rolled oats, $40; scratch feed, $51 per ton.
CORN Whole, $38; cracked. $41 per ton,
HAY Buying prices f. o. b. Portland:
Alfalfa, $1818.50 per ton; cheat, $2223
per ton ; clover, $16; valley timothy, $24
20; eastern Oregon timothy, $26.
Dairy and Country Produce
BUTTER Cubes, extras, 25c lb.; prints,
parchment wrapped in box lots, 30c;
cartons, 31c. Butterfat, buying price: A
grade. 25c; B grade, 23c, Portland deliv
ery. EGGS Buying prices, case count, 174
18c delivered. Jou-uing prices to retailers;
-Candled ranch, 22c; selects, 24c.
CHEESE Tillamook triplets, price to
jobbers f. o. b. Tillamook, 10c; Young
Americas, 20c pound.
POULTRY Hens, 10 & 24c pound; ducks,
nominal; geese, nominal; turkeys, nom
inal. PORK Fancy, 14 15c per pound.
VEAL Fancy, 14c per pound.
8
4rt ' 7
Season to date. .141743 248 057 62S 23.'3
rear ago u.i
Tucoma, Monday
Year aim.
Season to date.,
Year ago
Seattle. Monday.
Year ago
Se&Aon to date..
Year ago
23
4P.X7
673S
10
35
4421
577
174 3747 450
5 -
oo
4
4
51 48 lfi6 flirt
iM 3078 176 82U
6 .. A
1 5 .. 7
212 441 434 1354
244 1104 643 1178
NO FOREIGN' BITTER EXPECTED
Domestic Production Will Take Care of
All Requirements.
Cream production Is Increasing and the
American Association of Creamery Butter
Manufacturers reports an Increase of
43-t per cent In the butter manufac
tured in the week ending April 20, as com
pared with the same week last year, says
the weekly produce review of Swift & Co.
f Chicago.
There is no Immediate procpect of for
elgn butter arriving in this country, as th;
domestic production willprobably be suf
ficient to take care of all requirements fo
current use and storage. Prices are clos
ing about the same as !ast week.
Etc values show but little chanpe dur-
BOND SALESMEN
WANTED
There is an opening: in an
established Pacific coast organi
zation handling: high-grade Mu
nicipal, Corporation and Gov
ernment Securities for one or
more experienced salesmen with
their own clientele. Attractive
opportunity for permanent remu
nerative position to right men.
There is also room for several
young, well-educated men desir
ous of learning the investment
business who are willing to work
hard and accept competent direc
tion. State experience and refer
ences in the first letter. All
replies will be held strictly con
fidential F 630, OREGON1AN
Finite and Vegetables.
FRUITS Navel oranges. f3.753.75 per
boi: lemons). grapefruit. iSQ
D per box; bananas, UfttlOc pound; tic
Dies. $l.-it&;i box; strawberries, .iuu
ij.."i0 per crate; cherries, $4 per box.
VKGETABLE5 CaDbage, 4oc pouno;
lettuce, $3.75(u4 Per crate; carrots, jl.oil
D.r sack. same. per pound; beets,
$l.du per sack; green peppers, 3U450c per
pound; rhubarb, 4Go5c per pound; spinach.
7grc per pound; . turnips, sx.avt&o pei
sack; tomatoes, 4.50 per lug; cucumbers.
per dozen; peas, 15&lic per
pound; asparagus, per dozen.
Dounds: Yakima, ti.liitf. new California.
lis&'iVic per pound; sweet potatoes, 3.7-
per crate.
ON1U.NS Oregon, iocr.o per sac,
new crop, yellow Bermudas, $3 per crate;
do, white Bermudas, s:!.o0 per crate.
Staple Groceries.
Local Jobbing quotations:
si,i;ar isack baaiBi Cane granulated.
7.B0c per pound; beet 7.53c per pound.
NUTS Walnuts. SUtftfUC pouna; nrasu
nuts, 30c; filberts, 12c; almonds, 249300;
peanuts, sllo Per pound; cocoauuu.
per dozen.
iiiuai oiue nose, dc v .. " ,
style, iHa per pounc
BEANS Small ehit. c; pink. 7!c;
lima, 8c; red, 80 per pound.
COFFKI Koasteo, bulk. In drums. 149
36c per pound.
SALT Granulated. bale, 3.404.23;
half ground, ton, sua, l.i&; lulls, liaii;
lump rock, 126.50.
DKIED FKU1TS Italian prunes, SVis
pound; dates. ti.2btt6.Hi per box; figs, 12
ij) Z.M per bos.
Hides, Hops. Etc.
TALLOW No. 1, i4c; No. 2. 2 OM
per pound.
CASCAKA BARK 1K!0 peel, 7c pound;
lvl.peel, 6c pound, delivered Portland.
HOPS l'-l-0 crop, best, 0c per pound.
HIDES Salted country hides, 4c deliv
ered Portland; grubby hides. 3c; city calf
skins, 12c; country calf skins, luc; good
kip. to; grubby kip. 4c
WOOL New clip, lU4fl2c per pound.
MOHAIR New clip, iodise per pound.
rro visions.
BAMS All sizes, 3u37o: skinned. 200
86c; picnic, 17e?lDc; cottage roll, 30a
BACON Fancy, 43 53c; cnolcs, . 30 O
85c; standard, 262so
LAKU Pure, tierces. 170 pound; com
pound, tierces, 12o.
OKI SALT Backs. 21' O 25c; plates, IS.
Oils.
LINSEED OIL ltw, in barrels, 94c;
flve-gullon cans, Sl.U'J. Boiled, In barrels,
!6c; five-gallon cans, $1.11.
TURPENTINE In drums, 97c; five-gallon
cans, $1.12.
WHITE LEAD rttO-Ib kegs, 13c per lb.
COAL O.IL Tank wagons and iron bar
rels, 17Vic; cases, 300 37c
GASOLINE Tank wagons and Iron bar
rels, 3Uo; cases. 42jo.
SAX FRANCISCO PRODUCE MARKET
Prices Current on Vegetables, Fresh Fruits,
Etc., at Bay City.
SAN FRANCISCO, May 10. Vegetables
Asparagus. 3fe 12c; new potatoes, 24c;
sweets. Nancy Hall. $ft6; onions, Aus
trslisn brown. 40&50c; green. $1.73&2;
celery, nominal; garlic, 6tg8c: bell peppers,
1511 '-5c; peas, o&tic; rhubarb, Alameda,
$1.501.65; lettuce. I1&1.75 crate; arti
chokes, nominal; spinach, 4$ 5c; string
beans, 10&15c: wax, 10 12V-c; Kentucky
Wonders, 15&iHic; eggplant, lOliic;
sacked vegetables, nominal.
Poultry Hens, 23&3!c; strictly young
roosters, 4550c; eld. 12618c: fryers, 45
50c; broilers. 2842c; squabs. 5052c;
pigeons. S.1&S.50 dozen; Belgian bares,
live, 23625c pound.
Fruit Oranges, navel, $2.755: Valen
cia. $3.3093.75; lemons. $2.253.75: ap
ples, $1.75t2.75; strawberries, 50&65C
drawer, $11.50 crate: raspberries, $5
crste; bananas, 15$ 20c pound; avoca
Uoes, J2f5 dozen; cherries, $1.75&2.25 flat
box, 15f221.xe pound; apricots, $22.50
four-basket crate; grapefruit, $1.5b3.0
box.
Receipts Flour, ll.fl quarters: wheat.
855 centals; barley. 318 centals; beans,
.1784 sacks; potatoes, 22S2 sacks; onions,
24 sacks; hay, 40 tons; hides, 77o bundles;
livestock, 50 head.
Hops at New York.
NEW TORiv. May 10. Hops, essv; state,
1!2. Sflfr.lfli-; Tacific coast. l2t. 22e28c;
lvi'J, Wt-vc
do Did
Agr Chem . .
do pfd ....
Ajax Rubber.
Alaska Gold..
Alaska Juneau
Allis - Chlmrs
do pfd ....
Am Beet Sugt
Amer Bosch..
Am Can Co..
do pfd ....
Am Cr & Fy
' do nfd ....
Am Cot Oil. .
do Did ....
Am Drug Syd -
Allied Chem..
Am Hide & L
do pfd . . . . .
American Ice.
Am Inter Cor
Amer Linseed
do pfd ....
Amerlcn Loco
do pfd ....
Am Saf Razor
Am Shp & Cm
47 4B
AO0
500
' 500
1SII0
2.200
,0U0
3.100
34 H
S7V4
78
41
5
31 Vi
83 S
ii'i
77 n
38
52
30
800 128 126 H
6.400
3011
3C.0
400
5.H00
3,000
"ioo
1,200
200
4n
52
57 VI
51
4114
43
11(1
515,
57
49 'i
38
Si)
Amer Smelter 1.8)0
do pfd
Amer Snuff..
Amer Stl Fdy
Amercn Sugar
do pfd ....
Am Sumatra.
200
200
200
aoo
200
30.800
7V.
10
42
106' '
31
71 H
1.200 121 ,4
7,300 78 V4
Am Tel & Tel 27.500 1081,
Amer Tobbaco 4.600 124 v
do B ....
Amer Wool..
do pfd
Am W P pfd
Amercn Zinc. .
Anaconda
Associated Oil
Atchison ....
do pfd ....
At, Glf & W I
Baldwin Loco
do pi'd
Baltl & Ohio 8.500
do pfd
Beth Stl "B"
B R T
Butte si Sup.
Caddo Oil ..
Calif Packing.
Calif Petrolem
do pfd
Canad Pacific 3.000 ' 117V4
centri Learner i,oo
Cer De Pasco 7o0
Chand Motors 21,3(10
Chicg & X W 300
Chi Gt West. 1)00
do nfd .... 2,100
Chill Cop ... 3,400
C'hino
Chi, 51 & St P
do Did .
Coco Cola . . .
C & O
Colo Fl A Irn
Colo Southern
Col Gas & Elc
Columb Graph
Con - Gas ....
Cons Cigars. ..
do pfd .
Contl Can . .
Contl Candy. .
Corn Products
do pfd ....
Cosden Oil...
C R I & P. .
do "A" pfd
do 'B" pfd
Crucible
do pfd ....
Cuba Cane ..
do pfd
100
100
V.iioo
100
800
100
T.VIO0
6,800
7,600
"560
10O
100
S.OOO
1,100
300
3,600
000
. 2,600
300
500
34)0
5.11110
1,4110
700
2', 766
71)0
S.6O0
100
2.500
8,5i0
800
400
8.300
700
700
7
10
.41
105
30
801s
63
106 "4
12214
120
77
4114
82 !4
41
88
61
14V4
1714
Cub Am Sugar 2,fioo
600
SOO
100
21KI
1.0O0
4.WI0
1(00
IfcHI
1,000
Del & Hudson
Dome Mines.
D & R G
do pfd ....
Endi Johnson
Erie
do 1st pfd. .
do Sd. pfd..
Fms Players.
Fed Min & Sm
do pfd.
Flsk Tire ...
Gaston Wms.
Gen Cigars . 4
Gen Electric
Gen Motor. ..
do 9 ....
Goodyear ....
Gen Asphalt..
Goodrich. ....
Granny
Gt North Ore
Gt North pfd
Greene Can...
Gulf S Steel..
Hup Motors..
Houston Oil..
Illinois Centrl
Inspiration .
It Ag Cor com
do pfd .. ...
Interboro ....
do pfd
Inter Callahan 3,200
Inter Harvestr
do pid ....
Int Mer Mar.
do pfd ....
Internl Nickel
Interntl Paper 7,400
do pid
Invincible Oil
Island Oil
Jewel Tea.
35
42 i;
83"
42 i'
80
42
62
1414"
17
47 46
114
37
30 Vi
73.
67
8
20
11T4
23
20
441b
20
63
31
38
59
714
88
38
6"
1
73
S3 '4
32
66
81
20
61
24
103
18
38
31
77
68
20
12
26
80
40
30
65
32
39
60
8
89
40
si"
1
T4
is ii
34
78
67 '
83
62
103 54
18
15
22
15
78
15
.21
la
7T
Bid.
43
4i?j
4B
73
34
1
37
77
38
53
31
84
127
108
20
52
6
44
11
61
57
50
38
78
89
104
6
10
42
79
103
30
91
101
65
106
123
121
77
97
34
0
42
82'
78
42
90
100
41
51
62
"
14 "4
17
60
46
77
115
38
30
10
67
8
20
12
25
29
43
29
4
32
38
7
89
38
tt(
51
1
74
103
34
3:t
76
66
82
85
20
61
101
18
1
63
14
Studebaker ..
Swift & Co..
Ten Cn,4 Ch
Texas Oil
Texas
4.6O0 8 80
40
26 .
29
53
12
22
3,000 122
100 31
Y.800
900 110
70
2.100
Paclfio 1.900
Tex Pa C O 2.900
Tobc Products 2.700
Tran Cont Oil 3.100
Union Oil Del 1.000
Lnion Pacific.
United Alloy..
United Drug..
United Fd Prd
United Fruit.
Untd Rds, N J
Untd Rds. nfd
Untd Rtl Strs 6,900 S7
C S Ind Alco 2.400
U S Rubber.. 12,900 . 75
do 1st ptd
TJ S Smelting
H S Steel 16.200
do pfd 400 109
Utah Copper. 3,100 53
Va Chem 400
Vanadium Stl 6,400
Vlvandou 4,700
Wabash 900
do A pfd.. 2.800
do B pfd
Wells Fargo. .
Western Paclf
do pfd ....
Westrn Union
Westg E ft il
West Md
White Motors.
Willys - Over' 6,500
do pfd 400
Wilson Packg 300
Woolworth
Worth PumD.
W & L E 1.100
BONDS.
tt c o - mqu tw f deb AS
Annnn' (UQlllVn, PnlfiO 4S 76
do 4s, reg!104 do 3s ....... 55
A,. e.v X n104Ai!Pae T A T 6s 83
Panma 3s, reg 77 SPenn con 4s 86
An MimAn 77 So PaClI CV JS
A T & T cv 6s ! do 5s 8S
Atchen gen 4s 77 Union Paclf 4s ju
D & R con 43 -60 1U O DU-ei oa
85
29
30
8
8
24
100
900
200
SOO
100
1.900
30
69 '
48
11
40
36
42
100 114
200 51
11
40
24
28
61
11
22
120
31
'2i
109
55
69
73
84
; 109
54
28
35
7
8
23
29
68
48"
11
40
8
36
41
114
81
10
82
100
8
40
24
28
53
11
22
120
31
93
109
10
24
57
70
74
101
33
84
108
55
28
36
8
8
2i
16
65
29
6S
89
48
11
40
8
36
40
113
81
10
S9
MOHE CANADIAN CATTLE IN
SIX LOADS ARE RECEIVED BX
LOCAL- PACKER.
Prices Are Steady in All Lines,
With Most Trading in Sheep
Division.
Eleven loads of stock were received at
the yards yesterday, of which s;x loads
were cattle from Alberta, making the -ond
shipment of Canadian cattle to come
In this week direct to a packer. Prices
were steady In all departments. There
was very little In the cattle line for the
open market and most of the trading was
in the sheep division where prices under
went a general revision. Hogs sold .at
former quotations.
Receipts were 163 cattle. 84 hogs and
810 sheep. "
The day s sales were as follows
Bid.
Liberty Bond Quotations.
Range of liberty bond quotations, fur
nished by Overbeck ft Cooke company,
Portland:
Liberty 3s
Liberty 1st 48
Liberty 2d 4s
Liberty 1st 4s..
Liberty 2d 4s ..
Liberty 3d 4s ..
Liberty 4tn 4.s..
Victory 4s
Victory 3s
mwV Low. Clos.
.. 89.00 88.58 88.00
87.36
S7.21
.. 87.70 87.62 87.61
.. 87 36 87.22 8..:t0
o 75 90 2 90 64
. . 87.40 87..-12 87.?
.. 97.96 97.70 97.76
. . H7.94 97.7 7.
10
20
XI
41
3
1
so
s
45
11
24
3,200 17
100
800
2,800
138
13
39.600
2.900
"206
1,300
100
WI0
1,800
1,200
700
1,900
"266
500
'800
400
1,000
8.300
2,300
500
K C Southern 6,700
do pfd 500
Kelly - Spgfld 26,100
Kennecott ... 1,600
Keystone Tire 2,700
Lack Steel. . . " 500
Lehigh Valley 7,500
Lorlllard 1.200
L ft N 500 102
Maxwell Jlotr 100 ....
do 1st pfd. . SOO 6
Mex Petrolem 32,800 152
75
89
30
43
14
83
93
87
n5
93
is'
56
16
67
is
4
9
28
51
49
22
13
62
56
J.1
16
T2
38
30
72
iiii
13
83
92
36
15
78
7
26
16
J
... 59
137 136
12' 13
.... 67
J2
75
39
23
30
72
24
43
13
83
91
36
9
47
48
. 12
5
95
102
15
55
16
66
94
18
4
9
27
51
.-46
21
w
64
150
102
6
5
1,300
900
1,200
200
300
6.600
300
3l0
100
1,200
Miami
Mid States Oil
Midvale Steel.
M K ft T
do pfd, ....
Mont Power. .
Mo Pacific . .
do pfd
Slont Ward.,.
M S P S S M
M ft St L
Nat Biscuit . -Nat
Lead . . .
Nevada Con..
New Haven. . .
NrHk & West
North Pacific 2,100
Nva Scot Steel 100
N Y Air Brke 3.200
N x Central.
Okla Prod ref
Ontaria Silver
Ontario & W
1.000
6,800
700
1,200
400
100
Otis Steel .. 800
Pacific Oil . . 5.400
Pac Gs ft Elc
Pan Am Petri 8.000
do "B" .... 6,600
Penna 400
Peo Gas 200
Pere Marqutte 800
Philadphia Co
Pure Oil 2,400
Pierce Arrow. 21.400
Pierce Oil 200
Pllts Coal
Pitts ft W Va
do pfd
Press Stl Car SOO
Pullman 800
Ray Cons ... 3.9H0
Reading 13,400
Remington
Replogle Steel . 100
Repub I ee S 5.400
do pfd .... 200
Rep Motors
23
14
I74
23
43
12
20
99
76
73
3
i9
H
39
70
63
36
4S
23
35' '
31
10
88
103
14
78
80
03
5
95
14
55
16
62
17
4
9
27
51
45
21
15
62
54
150
102
'.Vi'
149
23
13
28
2
21
41
12
19
9S
75
72
S
19
14
38
69
62
33
47
2174
si' '
30
101,
88
103.
14
76
30
62
Mining Stocks.
BOSTON. May lu. Closing quotations:
Allouez 21 INorth Butte..
Ariz Com 8 Old Dominion
Cal ft Ariz.... 50 lOsceola
Cal & Hecla...253 IQulney
Centennial .... 8!Superior
Cop Rge Con.. 3.T4!Sup & Boston
E BUtte COP., w.onaunon ....
Franklin 2 Utah con ...
Isle Rovalle .30'Wlnona .
Lake Copper... 2!Wolverlne ...
Mohawk 52 IGranby Cons
1 - Swift Co. Stocks.
rVnclna- hrloAl fnF Swift ft CO. StOCkB at
Chicago were reported by the Overbeck A
Cooke company' of Portland as follows:
swirt ft co
Llbby. McNeil ft Libby
National Leather 8.
Swift International -
Money, Silver. Etc.
NEW YORK, May 10. Prime mercantile
paper 77 per cent. Time loans steady,
on H-av no rinva. six months. 6 per cent
Call money firmer, high, ruling rate and
offered at T per cent; low, closing bid ana
last loan, 6 per cent.
Bar silver, domestic 88, ioreign ot-.
Mexican dollars, 47 cents.
LONDON, May 10. Bar silver 33d per
ounce. Money 4 percent. uiscouni
rates, short bills, 4 per cent.
Foreign Exchange.
Foreign exchange rates at close of busi
ness yesterday, furnished by Northwestern
National bank of Portland. The amount
quoted is the equivalent of the foreign
unit in United States funds.
Country, foreign unit Rate.
Austria, kronen $ .0030
Belgium, francs .S4S
Bulgaria, leva -0134
Czecho-Slovakia, kronen 01 4 j
Denmark, krone ,-l?l!5
England, pound sterling -212!
Finland, finmark.... 0233
France, francs H, n
Germany, marks .0100
Greece, drachmas 0325
Holland, guilders 3582
Hungary, kronen 0060
Italy lire 0325
Jugo-Slavia. kronen 0078
Norway, kroner 1583
Portugal, escudos 0970
Roumanla. lei 0175
Serbia, dinars 0086
Spain, pesetas li?!?
Sweden, kroner 2300
Switzerland, francs ,179o
China Hongkong, local currency. . . .5200
Shanghai, taels 6825
Japan, yen . ;.,... .487j
NEW YORK. May 10. Exchange strong.
Sterling, demand 3.98. cables $3.98;
francs, demand 8.37, cables 8.39; Belgian
francs, demand 8.37. cables 8,"9; guilders,
demand 3.563. cables 3.573; lire, demand
5.17. cables 5.19; marks, demand 1.54,
bles 1.55; Greece, demand 4.70; Sweden,
demand 2.346; Norway, demand 15.90; Ar
gentine, demand 30.12: Brazilian, demand
13.62. Montreal, lo per cent discount.
Foreign BondsV
Foreign bond quotations furnished bv
the overbeck at t-ooke company ox xort-
land:
1 cow .
1 cow .
2 calves
1 calf ,
1 calf .
2 calves
I bulls .
7 hogs
4 hogs .
12 hogs
1 hog .,
8 hogs .
. 1 hog ..
2 hogs ,
18 bogs .
8 hogs .
1 hog ..
-12 hogs .
1 hog ..
10 hogs .
5 hogs .
6 hogs .
9 hogs .
13 lambs
76 lambs
201 lambs
15 lambs
9 lambs
16 lambs
214 lambs
58 ewes .
2 ewes
-Wt. Price.
8X0 $5.50!
760 6.73
100 .00!
140 10.50j
90 . 9.00
103 9.75
900 4 30
16 ewes
3 ewes
3 ewes .-.
3 ewes ..
8 yearl. .
18 yearl. .
153 yearl...
jo v.i.t 3 yeari. .
ISO 10.00'iS yearl. .
146 10.001611 yearl.
220 9.5026 yearl. .
137 10.001 I yearl.
310 7. 301 2 yeari.
100 8.751 2 steers ..
181 S.75I2S stears . .
223 9.75i 1 steer ...
240 9.731 1 steer ...
244 9.231 1 steer
Wt. Price.
118 $4.00
110 3.00
130 !
130 2.00
100. 5.00
91 5.00
80 5.00
1U5 5.00
strength with hedglnr Bales readily
sorbed. Receipts of 22 care- were larger
than expected, but met a good demand
at slightly higher prices. Charters were
made for 2OO.0O6 bushels te Montreal ane
the seaboard confirmed a small quantity
worked for export. The large stocks In
domestic show windows hsve been . blan
ket ea the market for so long that the dis
appearance of nearly 15,000,000 bushels In
the past several weeks is a very encour
aging factor.
Cats Fluctuations were Influence! most
entirely by ether grains and the market
closed only fractionally changed from yes
terday's prices. Crop reports sra becom
ing more unfavorable dally aad wa believe
prices w-tll be responsive to this news.
Rye Selling of the current month
against purchases ef July by eaatera in
terests was the outstanding feature. Coa
siderable hedgiing was in evidence and
the tone of market was rather easy. Cash
rye waa quiev at May price for No. 2 on
the track.
Leading futures rsnged as follows:
Osrn. Hiirh." Low. Close.
$ 1.39 $ 1.41 $ 137 t 1SS
May.
July.
1.12 .
1-1!
98
73
95
6.00
5.50
5.00
. mo 4.00
100 6.00
840 7.75
947 8.23
820 .25
730 6.30
670 5.50
7B0 .0O
380 7.001 1 steer
. 293 8.731 1 cow .... 870 S.SO
. 222 8.731 1 cow 920 5.50
. 238 9.75! 1 cow 850 5.00
. 24S 9.501 1 caeT 100 10.50
. 61 7.00163 hogs ... 1M 9.75
. 56 6.001 5 hogs ... 434 7.75
. 62 8.0OU5 hogs ... 204 8.75
. 62 8.001 1 hog 440 7.75
. 63 7.501 2 hogs ... 2O0 9.75
. 65 7.501 6 hogs ;.. 303 9.00
. M 8.001 7 hogs ...110 10.00
. 137 2.731 3 hois ... 140 9
. 130 3.00116 lambs .. 63 7.7$
Prices on the various classes of livestock
at the yards follow
Choice steers-. $ 8 00 8.75
Medium to good steers 7.25i 8. OH
Fair to medium steers 6.5041) 7.25
Common to good steers 6.30 5.50
Choice cows and heifers 6.25 7.25
Medium to good cows, heifers 5.75(3'
Fair to medium eows. heifers. 5.256 6.75
Common to fair cows, heifers. 4.25 a 3.25
Cannera
Bulls
Choice dairy calves
prime light calves
Medium light calves ,
neavy caives ,
Best feeders
Fair to good feeders
nogs
Price light ...
smooth heavy, 2.0 to 300 libs.
Smooth heavy 300 lbs. and up.
nougn neavy
.63
.4
.
.39
.62
16.60
17.00
8.70
10.02
75
10.05
8.5(1 W 5.50
, 3.50
. ,10.1MG10.50
. 9.5010.00
, 6.5orn 8.50
,' 4.00 6.00
. 6.25 6.75
. 6.25
Stags
Fat Pigs k.
Feeder pigs
Sheep -
Prime Iambs ......
Fair' to good
Cull lambs ....
Feeder lambs
Light yearlings ..
Heavy yearllns . .
Light wethers ....
Heavy wethers ...
Ewes ,
Russian 5s. 1021:
Russian 5s. 1926....
Russian 6s, 1019
French 5s. 19:il
French 4s, 1917
French 5s. 1920
Italian 5s. 1918
British 5s. 1022
British 5s. 1927
British fls. 1928
British vky 4s
Brit sh refs 4s
Belgium rest 5s
Relrium nrem 5s
German W. L. 5s
Berlin 4s
Ham,burg 4s ,
Hamiburg 4s ,
Leinsir 4s
Leipslg 5s ,
Munich 4S
Munich 5s ..1
Frankfort 4s
jst 4 r
Jap 1st 4s
Jap 2d 4
Paris 6s
U K 5 Ha, 1921
L" K 5V.S. 1922
U K SHs. 192.;.-
U K 5s. 1937
Bid. Ask.
14 17
6 8
13 18
'. .. BT1
52 - 5314
73 74
39 0
.",'.0 408
308 401
-....-.no 402
312 824
279 291
69 71
71 74
11 32"j
12 13
13 15
... 14 15
14 1.1
14 16
13 14
15 . 17
14 15
67 68
84 84
84 84".
98 98
19 100
96 97
90 91
86 86
AIRY PRODUCE.
Ryl Dutch Oil 2,700
Ky steel spg .....
S O Ind
Sears Roebuck 700
Shattuck, Ariz 200
Shell Tr ft Td 6O0
Sinclair ...... 800
Sloss Shef . . 5O0
South Pacific 6.000
South Railway 6.700
do pfd .... 3"0
St L & S F. . 5.70O
Strombg Carb 1,900
68 67
83 82
47
28
42
78
23
57
25
39
47
27
42
77
22
56
24
87 je
152
23
14
28
. ?
S3 .
22
42
21
73
12
113
77
12
10
98
34
76
72
3
5
19
14H
39
32
70
63
35
48
22
34
34
32
10
62
30
73
88
103
14
76
29
63
90
IS
68
90
75
83
6
47
27
42
77
23
56
24
3fc
Market Prices Ruling on Batter, Cheese
and Eggs.
SAN FRANCISCO, May 10. Butter Ex
tras, 33c; prime firsts, nominal; firsts.
32 c.
Eggs Fresh extras, 21 c; extra lirsts.
26c: firsts, nominal; dirties, 23c; extra
pulleta, 24c: undersized, 20c
Cheese lats, tancy, 10c; nrsia, nom
inal: Young America, fancy, 17c; firsts,
nominaL
NEW YORK, May 10. Butter Irregu
lar: creamery higher than extras,
37c: creamery extras, 36c; firsts, 3235c
Rzn Firm, unchanged.
Cheese Unsettled: state, whole milk
flats, short held specials, 18 19c; state
whole milk lists, iresn special, ivww
1TC.
CHICAGO, May 10 Butter Unchanged.
Esgs Unchanged; receipts 49,109casea
SEATTLE. May 10. Wholesale prices to
dealers! Eggs Select local ranch, white
shells, 25f 26c; do mixed colors, 23 024c;
pullets. 19&21C.
Butter Citv creamery cubes, 29c; bricks
or prints. 3uc; country creamery extras,
cost to jobbers, In cubes, 25c.
Coffee Futures Lower.
NEW YORK, May 10. The market for
coffee futures remained very quiet with
r.rie easing off under small offerings,
which seemed to oome from trade sources.
The opening was 1 to z points lower, witn
the market closing at a net loss of 4 to
7 points. May, 6.77c; July. 6.07c; Sep
tember, 6.40c; October, 6.61c; December,
6.R2c: January, T.02c; March, T.22c
Spot coffee quiet; Rio 7a, 6c; Santos 4s,
8&c .
Steel.rnfllled Orders Deei
NBW YORK, May 10, The monthly
tonnage report of the United States Steel
Cnrooration made pnblic today showed
5.845.224 tons of unfilled orders on hand
April 30. This is a decrease from .unfilled
orders March 31, which were 6,284,765
tons. This reduces bookings to the small
est total since Marcn. iviv, wnen unruled
orders amounted to 5.430.572 tons.
New Ynrk 8 near Market.
NBW YORK, Vsy 10. Raw sugar, $4.89
for centrifugal. Refined, $6.30 to $6.40
for fine granulated. ...
' Cot ten Market.
NBW YORK, May 10. Spot cotton
steady. Middling, 13.05c.
Dulath Linseed Market.
PULTjTH, May 10. Linseed on track and
arrive, J 1.03. 1
8 .25 8.73
7.50 8.50
6.30(9 7.50
8.00 (B 7.30
4.00 T.50
9.00 9.73
8.300 9.50
7.50 8 25
o :isi 7.50
5.0U 6.00
3.00 5.00
6 .0010 6 .00
4.50 5.00
4.5O0 5.00
3.50& 4.50
l.OOW 4.23
Chicago Livestock Market.
CHICAGO, May 10. (United States Bu
reau of Markets.) Cattle Receipts, 8000
head; beef steers, stockers and feeders
strong to 13c higher; early top on heavy
steers, $9.15, and on prime long yearlinga.
sii.au; duik Deei steers. 17.7548.75: butch
er stock and bulls steady to strong; bulk
rat sne stock, IJ.I.ie-i; bulls, largely, $5.7.1
vmi; caives, weak: bulk, veal calves. S8
6 8.73.
Hogs Receipts, 20.000 head: lights and
medium fairly active, steady to 10c lower;
others slow, 10c to 15c lower than yester
day's average; top, $9; bulk, $8.408.85;
pigs, mostly 10c to 15c lower: bulk de
sirable, 100 to 120-pound pigs, $8(58.40.
Sheep Receipts, 17,000 head; mostly
steady; spots 25c higher; wooled lamb top,
$11.83; bulk, $11 11.50; shorn top, $11 to
city butcher, $10.75 to packers; bulk, $10
10.75; choice California springs up to
$12.75; shorn yearlings, $8.35; shorn weth
ers, $7.40; shorn swes. $7.
Kansas City Livestock Market.
KANSAS CITY. Mo., May 10. United
States Bureau of Marketa.) Cattle Re
ceipts, 9500 head; beef steers mostly steady
to strong. Spots 10c to 15c higher; top
yearlings, $9; best heavy steers, $8.60;
Colorado pulpers, $88.50; she stock and
bulla, steady to strong; choice heifers,
$7.85; Texas cows, $6.75; all other classes,
steady; beat vealera, $8.509; choice 1000-
pound feeders, $8.
Hogs Receipts, 15.000 bead; 15c to 25c
lower; mostly 25c lower than yesterday's
average; best lights and mediums to
shippers snd packers, $8 30; bulk of sales,
$7,856)8.25; pigs 25c lower; best kinds,
$8.35.
Sheep Receipts, 7500 head; sheep strong
to 10c higher; shorn Texas wethers, $5.75 1&) !
6.60: lambs. 2540c higher; top woolen
lambs, $11.2o; most light offerings, $119
11.25; goats,. $3.73.
Omaha livestock Market.
OMAHA. May 10. (United States Bu
reau of Markets.) Hogs Receipts, 12.500
head; slow, moatly lo 16c lower: bulk
180 to 240 pounds butchers, 18 108 35;
top, $8.35; bulk butchers 250 pounds and
over, $7.758.10.
Cattle Receipts. 6700 head; beef steers
and she stuck, slow uneven; steady to
weak; early top steers, $8.40; all other
classes generally steady.
Sheep Receipts, 7000 head: lambs most
ly 25c higher; bulk wooled lambs, $1011;
top. $11.25; clipped lambs, $9 10.20; top.
$10.30; top California spring lambs, $12.25;
sheep and feeders steady.
Seattle Livestock Market.
SEATTLE, May 10. Hogs steady, no rac
ceipts. Cattle Strong, receipts 26.
1.13 1.14
CORN.
July... .62 .63
Sept... - .64 .65
OATS.
July..'. .38 .
Sept... .40 .40,
MESS PORK.
May... 16.60
July... 17.00
LARD.
July... 9.83 . 9.87 8.70
Sept... 10.17 10.20 10.00
SHORT RIBS.
July... " 9.75 9.83 9 75
Sept... 10.05 10.12 10.05
Cash prices were:
Wheat No. 2 hard. $1.45 1.47 ; :
2 mixed, $1.40.
Corn No. 2 mixed. 50 881c; No. 2 J
low, 61661e.
Oats No. 2 white, IS 38 He; No.
white. 3737c.
Rye No. 2. $1.35ei.36c
Barley 52S72c.
Timothy seed $4.506.
Clover seed $1381.
Pork Nominal.
Lard $9.37.
Ribs $9 10.
Winnipeg Oralsi Market.
WINNIPEG, Msy 10. Cash wheat. No.
1 northern. $1.78; No. 2, $1.77: No. S,
JI.73: No. 4, $1.61: No. s, I1.1K
No. 6, $1.30; track, $1.74. Oats, No
2. white, 43c; No. 3, 39c; extra feed, S9c;
No. 1 feed. S9c: No. 2. 35c: track. 42c;
barley. No. S, 73c: No. 4, 69c; track,
73c. Kye, No. 2. $1.60: track. l.o.
Futures, wheat. May, $1.69; July,
$1.43. .
Minneapolis Grain Market.
MINNEAPOLIS. May 10. Barley. 4fl
64c Flax, No. 1. $ 1.70 9 1.72W. Wheat,
May, $l-.29 ; July. $119.
Car Keceipta.
Carlot receipts of grain were: Kansas
Cily Wheat, 103? corn. St. Loun
Wheat. 32; corn. 33; oats, 17. Winnipeg
Wheat, 233; oats. 184; barley. 28; rye,
2. Duluth Wheat. 96 versus 39; corn.
14; rye 20 versus 30; barley, 4.
"" ' " Grain at San Francisco.
SAN FKANCISCO, May 10. Grain-
Wheat Feed. $1.02: milling. $2&2.10;
corn, white Egyptian, $2.2(2.25; red aiilo,
$1.75l&1.85; barley feed, $1 201.27; ship
ping, $1,356-1.53; oats, red feed. $1.45
(III.CKI.
Hay Wheat. $1721; tame oats. $17
19; wild oats, J12(15: barley, $12tolo;
alfalfa, $17620; stock, $10'14, straw, $10
015-00.
Seattle Grain Market.
SEATTLE, May 10. Wheat, hard white
and soft white. 1.33: white elub, $1.82:
hard rid winter, $1.30; soft red winter,
northern spring and eastern red Walla,
$1.28; Big Bend bluestem. $1.38.
City delivery: Feed Scratch feed. $50
per ton: baby scratch feed, $67; feed wheat.
W4; all grain chop, $42; oats. $39; rolled
oats. $J1; sprouting oats, $44: w-hote bar
ley, $30; rolled barley, $41; clipped barley.
$10: milled feed, $30; . bran, $30; whole
corn, $40; cracked corn, $42.
Hay Alfalfa, $24 ton: double compressed
alfalfa, $31; ditto timothy, $33; eastern
Washington mixed, $30; straw, $24.
Naval Stores,
SAVANNAH. Ga May 10. Turpentine
steady, 64066c: sales, 300 barrels; re
ceipts, 613 barrels: shipments, 461 barrels;
stock, 5573 barrela
Rosin firm; Bales, 1170 barrels: receipts.
1499 barreis; shipments, 1520 barrels;
stock, $2,701 barrels. Quote: B, $3.75(3-4:
D, $4.25v4.SO: E. $4.5O4.70: F, $4.30
4.75: G. $4.6094.80; H, $4.65S4.85; L
$4.7594.90; K. $365.50; M. $5.5003.75;
N. $46 6.25; WG, $6 75; WW, $7.
HEACTIOX FROM ADVANCE IX
EARLY WHEAT MARKET.
Tone of Price at Close Is Unset
tledDemand From Ex
porters Is Lacking.
CHICAGO, May 18. Dearth of buying
orders led to reactions in wheat today from
an advance that was ascribed largely to
crop damage in the southwest. The mar
ket closed unsettled at c net decline to
c gain with May $1.38 to $1.88 and
July $1.12 to $1.13. Corn finished c
to c up, oats unchanged to c higher,
and provisions showing a setback of 17c
to 40c
One of the circumstances which re
strained bullish sentiment regarding wheat
was the tradition that May 1 has been a
date favorable for spring selling and,
therefore, a time to avoid purchase com
mitments. Furthermore, slowness of flour
demand at Minneapolis induced belief that
spring wheat shipments would more large
ly be directed to Chicago lor the present.
Inactivity by exporters tended likewise to
offset the strength which at first the mar
ket displayed In connection with unfavor
able . field advices from the southwest.
Knowledge that the government report on
winter wheat indicated a less generous
harvest than had been looked for was te
some extent a stimulating factor, but not
of a laating sort.
Corn and oata developed a little Inde
pendent strength as a result ef rains In
addition, crop reports as to oats were
bullish.
Provisions were weak In line with hog
values.
The Chicago market letter received yes
terday byXhe Overbeck & Cooke company
of Portland said:
Wheat The day s news Dudret was
very mixed and tbe market practically de
void of feature. At the outset some
strength was apparent, based .on a bullish
construction piaced on the government re
port and also the tone of Argentine cables,
which said tne strike situation waa se
rious and might completely tie up ship
ping. Offsetting these factors was a
tendency to recognise uirfavora&Je trade
conditions as emphasized by a Minneap
olis message aaying that a leading mill
there would reduce flour production SO
per cent, due to the poor demand. All
cash msrkets were Inclined to weakness
and premiums were quoted from 1 to 4
cents lower. Since the government report
was compiled, weather conditions for the
growing crop have been rather unfavorable
and the outcome more In doubt than here
tofore. Despite the present domestic trade
lethargy, we think the July delivery at
its present discount under cash should
prove an attractive purchase.
Com Again displayed independent
Copper
Stocks
Forging
Ahead
With crowing: indications
of the development of a
broad forward movement
in the copper stocks, it is
of particular interest just
at this time to know what
companies are in the
stroneest physical position.
That knowledge will serve
as a basis for deciding;
which of the copper stocks
are most attractive.
We have given consider
able attention to the cop
per stocks recently and
have prepared a special cir
cular, copies of which will
be sent gratjis.
Ask for Circular PG-52
DiRRLEsRLERK5QN&l
66 BROADWAY NEW YORK
TELEPHONES: RECTOR 4-663-4
uiiiiiiiiiiiiiiniiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii:
Your Right to Choose
A THOUSAND other newspaper adver
tisements urge you to spend. Ours asks
you to save. In exercising: your inalien
able right to dispose of your income, do you
spend or save? Will you heed only the thou
sand opportunities to spend your money or
listen to our counsel and start a Savings
Account at the
Lumbermens Trust Company
BANK
. Broadway at Oak
niiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiniiiiiiiiiiiiiiiiiiiiiiiiiiiaiiiiiiiiiiiiiiiiliiiiir.
66
Call by Lot
55
The Republic of Chile twenty-year t sinking- fund fold bonds,
callable at 110 during- the first ten years and 10$ thereufter. Includ
ing; the final maturity Feb. 1, 1941. offer a remarkably fine lnns;
term Investment, with probability of lare-e additional profit throuKh
the "call by lot" feature. Each year $1,200,000 of those bonds are
required to be redeemed by sinking- fund purchase or "by lot."
with a premium during the first tfn years of 1K; anO, during- the
second ten years of &.
Yield of Republic of Chile ifo Bonds Sold at 99 and Redeemed
at 110 and 105:
Tr.
1 (it 110 22Z
2 " " 14.00
3 " " 11.74
4 " " 10.S0
5 " " 10.2S
Trs.
6 110 .
' 9.ea
S " " 9.45
9 - " S .28
10 " " .3i
Trs.
11 105 5
14 " " 8.52
13 " - 8.49
14 " " 8.4
li " " M4
Trs
Id H lf5 4
17 " " 8 40
lit " " 8 39
19 " " 8 .17
20 " " 35
Principal, premium and interest are payable in U. S. grold coin In
New York without deduction for any Chilean taxes, present or
future. Interest payable Feb. 1 and Aug. 1. Denominations $500
and $1000.
We were a member of the underwriting- syndicate, headed by J. P.
Morgan at Co. and five, other of the foremost banking Institutions
in America. Subject to prior sale, we offer $50,000 of these bonds
at the original subscription price of 9 and accrued Interest, at
which they will yield not less than 8.33 for those bonds called tha
final vear at 105, up to 22.7S for bonds that may pe called Feb.
1, 1922. at 110.
The credit of Chile has been high since It floated Its first loan In
London in 1822. Chile Is one of the very few countrlea that during
the world war reduced their indebtedness. The national wealth of
Chile aa of December 31. 1920, was estimated at $oo per capita,
nearly sixteen times Its per capita debt. These bonds offer you
an exceptionally fine character of Investment. lpon request we will
furnish you circular giving full details. Telephone or tolegrapa
orders "collect."
This offer Is strictly snbieet to
prior sale, advance In price and
withdrawal -w 1 1 h u t notice.
Freeman, Smith & Camp Co.
oun nm
LUMatRMINa BUILOINS)
rifTH AND TARK
-WAT 1749
WE OFFER
$59,000
Port of Astoria,
Oregon
6 Bonds, Due .
July 1st, 1923.
Call, Write or Phone for
Further Details
Write for our Booklets, In
vestment Opportunities of
Today and Elementary
Principles of Safe Invest
ment. .
BLYTH,
WITTER & CO.
United States tTo-vernment
Maalelpal mnd Corporation
Bonds
PORTLAND, OK.
Telephone Main S183
Saa FraaelseA, Seattle, Si
York, Lee Angeles
Clatsop County
OREGON
6 Road Bonds
Dated April 1, 1021. Due April 1, 10.11
Denomination: $1000
These bonds are Isnued to provide fund's for highway ennstmetlnn
and constitute a general obligation supported by an ad valorem
tax levied upon all taxable property within the limit! of the coiyity.
Exempt Prom All Federal Income Tax
Price Par to Yield
6
Ralph Schneeloch Company
MUNICIPAL AND CORPORATION FINANCE
LUMBERMENS BUILDING
Portland, Okcoon.
ill ' pAREFUL INVESTORS should pur
Ill 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.
ajars- " - Miasm .. U ! a t rUTrr-tat W
KutKVii
1 1 1 ii ,
2?
!
j
Bonds
IMPROVEMENT
PROVINCIAL
SCHOOL
WATER
, , to yield
6 to 8.50
Western Bond &
Mortgage Co.
Main 113 80 Fourth St
Board of Trade Bldg.
Ground Floor.
HERRIN & RHODES, Inc.
(EsTahllakra' 1MHI
BROKERS
MEMBERS CHITARO BOARD OF
THAUI&
Correspondents, K, V. lU'TTOI el
CO. Members Arw lork Stock h.l.
change. I'rlvate leaeeal Wlrea
attract All SrrorKr aa Com.
moult? Markets.
LIBERTY AND YICTORY BONDS
BOCCHT AND SOLD
MAIM 2X1 and tn4
Ml-S RAILWAY k-XVU. BLDD,
Phone Your Want Ads to
THE 0REC0MAN
Main 7070 Automatic 5G0-9j
ail
i