THE MORNING OREGONIAN, THURSDAY, MAY 13, 1921
JETTER TONE NOTED
' IN HIDE MARKETS
I
Freer Movement in Packer
Grades in East.
COUNTRY STOCK IS DRUG
Demand May Xot Kevlve Here Cn
til There Is Larger Call for
Poorer Classes of Leather.
There was nothing doine la the eastern
bide markets until the latter part of the
past week, when Quite a lot of packer
hide moved at advances of cent per
pound on the various branded selection!.
Packer calf also advanced 2 cents per
pound, and this will no doubt have Its
effect on prices tor the Chicago city
kins, and in turn help the country
market. Mixed lots of country and city
calf are selling in Chicago at 15 cents.
Skins In this section, said George M. Sul
livan, of th Portland Hide ft Wool com
pany, are sold in that class. Locally 12
cents has been paid for some days for
Portland city calf, and 10 cents is the
going price on country butcher lots. sir.
Sullivan said:
This big movement in packer hides in
the east has cleaned up stocks to April
1. and some April hides have moved at
prices which seem higher, but really just
.bout offset the difference in quality be
tween winter and later take-off.
"Country hides are still a drug or. the
market and probably will not be wanted
by the eastern tanners until such time as
they can move leather for export When i
this will be nobody knows. In this sec
tion 4 cents Is being paid for butcher
liides free of grubs and 3 cents for the
rubbles, f. o. b. shipping point and
these same prices for farmer hides with
the freight to Portland deducted.
"The very best middle western extremes,
free of grubs, are selling at around 10
cents, Chicago, and buffs and heavies are
slow to sell at 7 cents to 8 cents for Io.
3s. Tanners are only In the market for
goods close to home and do not as yet
care to buy Pacific coast stock, wnere it
takes so long to get the raw stock to
the tannery. In other words, it is still
hand to month proposition with the tan
ners, and we will have to see a better
demand for the poorer grades of leather
before the coast market for country
lyncher hides will be materially affected.
Stocks In butchers' hands in Oregon.
Washington and Idaho are very heavy and
butchers are showing more inclination to
clean up at current prices with the ad
vent of warmer weather.4
age stocks of dairy and poultry' products
at Portland and Seattle compare as fol
lows: At Portland
This wn. . i.t ti
Butter, lbs..... 28,8l
Cheese, lbs 29.4H7
Eggs, cases 41,702
Poultry, lbs 75,811
At Seattle
Butter, lbs 2S.SR1
Cheese, pounds 29.417
Eggs, cases 41.752
Poultry, lbs 75.811
10,611
S1.S.!
3.l:l
70,0
43.S:
26.41)8
28.-'-l
12,s08
Bank Clearings.
Bank clearings of the northwestern
cities yesterday were as follows:
Clearings. Balances.
Portland sr. .34 873 1 8.14.3'fl
Seattle 4,165.344 782.768
Tacnma 854.846 !.644
Spokane 1.8DV.229 434.551
More Oregon Berries Received.
Two more crates of Oregon strawberries
arrived yesterday from Rosehurg. There
was a good supply of California berries on
the market and they failed to clean up,
The best were held at J3.25S3.50 a crate.
Canned Milk Declines.
A 50-cent decline in a leading brand of
canned milk to 5.50 a case tor the large
sixe and S5.10 for the small size was an
nounced yesterday. Wholesalers have been
expecting the decline for some time.
PORTLAND MARKET QUOTATIONS
Grain. Flour and Feed.
Merchants' Exchange, noon session.
Wheat
Hard white ....
Soft white
White club ....
Hard winter
May.
Bid.
Il.SIt
1.38
1 3!l
1.31
Ask.
tl.4S
1 38
l.SK
1.38
June
Bid.
$1.30
1.38
1.3.8
1.31
1.
1.30
PRUNES DROPPING IN SOME SECTIONS
Applrs Blooming: Freely, bat Pollination
Conld Be Better.
There was considerable cloudiness during
the week, with occasional rain, and gen
eral rain was in progress in western
counties as the week closed, says the
weekly crop report of the weather bureau.
In most eastern and southern sections the
rainfall was light. Irrigation is beinz
done In eastern counties, and in some cen
tral localities dry winds blew out some
grain. The weather was rather too cool
for rapid development of vegetation and
freezing temperature occurred In elevated
eastern districts. In northwestern coun
ties farm wort was delayed . by wet
weather.
Winter wheat and rye are doing well.
Bye is heading In Columbia county and
wheat is in the boot in Jackson county.
Seeding of spring wheat, oats and barley
continues, and in elevated eastern dis
tricts a considerable acreage remains to
be sown. arly sown spring grain is
doing well. Corn planting is becoming
mow general. In Douglas county some
early planted corn rotted and replant
ing will be necessary.
Apples are blooming freely, but con
ditions have not been altogether favorable
for pollination, and spraying has been
delayed by wet weather. Pears are drop
ping heavily in Jackson county, and the
drop of prunes in parts of the Willam
ette valley is serious. Bipenlng of straw
berries has been delayed by cool, cloudy
weather, but a few have been marketed in
Douglas county.
Alfalfa Is making better growth, but stlil
needs warmer weather. Other hay crops
re doing well, although vetch Is some-
wnat affected by aphis. Feed on the
range is good to excellent.
Shearing of sheep is extending to eastern
counties. Lambing Is nearing completion.
All stock is doing well.
Potato planting Is becoming more gen
eral. Early potatoes are growing fairly
well. Gardens are showing improvement,
but need warmer weather. Hops are
being plowed.
FARMERS ARE NOT SELLING WHEAT
Holders Bullish With Sharp Advance in'
'' ., Market.
The turn upward of the wheat market
yesterday made holders more bullish and
the result was that very little business
was done. Hard white, club and soft
white bids were raised 6T cents at the
Merchants' Exchange and other grades
were 263 cents higher. The coarse grains
were quiet. Oats bids ranged from un
changed to SI lower.
The government' weekly weather report
en grain was slightly unfavorable. The
Kansas state crop estimate makes the
wheat crop of that state i:is.63.000 busn
ela. Le Count wired from Kingfisher,
Okla: "Wheat in this territory is in
very bad condition. Crop badly damaged
by drouth. Soil very dry. Wheat de
teriorating very rapidly from drouth. Many
field crops are expected to be failure.
While some are fairly promising, they
need rain badly. Think wheat here will
average six bushel per acre. Oats are
practically a toial loss as result of greea
bugs and drouth."
Terminal receipts, in cars, were reported
by the Merchants' Exchange as follows:
. , . wht Bar. Fir. Oats Hav
Portland. Wedn y I"5 .. 2 ..
Year ago 10 4 6 6
Season to date. .1RS::S 248 !S3 2.V;:
Year ago outtf 174 3751 462 2132
Tacoma. Tuesday 4 . . 4 X i
i ear ago ia
Season to date.. 4r,tl
Year ago 6751
Seattle. Tuesday. 6
1 ear ago.
Season to date..
Year ago
4427
5!J7
4
3
P..-.2
SOS I
.. 1
.1
212 450
244 1107
SI
94 ;
167
176
SIS
e-'tl
8
434 13B2
643 1178
BRISK DEMAND FOR CI BE BUTTER
Outside Orders en Market as Well as
Storage Buying.
There was an active demand for butter
yesterday at 25 cents. Buyers would take
11 th cubes offered, but would pay no
more. There were also shipping orders
en tha market. Prints continued to go
out slowly.
Egg receipts were of fair sixe, most of
the arrivals were taken at 17 cents mni
put into storage. A few buyers paid up
to 18 H cents during the day.
There was a firmer feeling in the poul
try market. t Light hens sold at 18fcl
cents and heavy hens generally moved at
24 cents. Dressed meats were very weak
nd hard to sell at lower prices. Fancy
pork went at 14 cents and veal at 13913
cents.
Butter Storing Under Way.
Butter storing is getting under head
way here. In the past week 18.250 pounjs
vers put In. There was also an increase
Northern spring 1.32
Red Walla 1.30
n.i.
No. 2 white feed: 30 00 30.00
No. 2 aray 29.00 2K.00
Harlot'
Brewinit 24 00 23.00
Standard feed 22.00 28.00 12.00
Millrun 26.50 2.. 2j
Cnrn
No. 2 B. T. shipment... 31. 50 33 00 31.00
No. 3 E. Y. shipment. . .31.00 83.00 31.U0
FLOUR Family patents. is.ou per oar
rel: whole wheat (7; graham $6.80; bakers'
hard wheat, SS; bakers' bluestem patents.
S.7.50: valley bakers' S7: straights. 57.
M1LLFEED Prices f. o. b. mill: Mill-
run. 128 Der ton: rolled barley, saaignu
rolled oats. $40; scratch feed. $51 per ton.
CORN Whole. $38: cracked. (41 per ton.
HAT Buy oi nrloea t. o. b. portiann:
Alfalfa, $1818.50 per ton; cheat, $22 J3
per ton: clover. $16; valley timothy, $24
20; eastern Oregon timothy, $-0.
Dairy and Country Produce.
BUTTER Cubes, extras. 25o lb.: prints,
parchment wrapped in box lota. 80c;
cartons. 31c Butterfat. buying price: A
grade. 25c; B grade. 23c Portland deliv
EGGS Buying prices, case count, 17
18 Sic delivered. Jobbing prices to retailers:
Candled Yanch. 22c: selects. 24c.
CHEESE Tillamook triplets, pries to
Jobbers 1. o. b. Tillamook. 19c; Young
Americas. 20c Bound.
POULTRY Hens. 1825e pound; ducks.
nominal: aeesa. nominal: turkeys, nom
inal.
PORK Fancy, 14c per pound.
VEAL Fancy. 1313ttc per pound.
Fruits and Vegetables.
. FRUITS Navel oranges, $3.753.75 per
box; lemons, $3.75ji.; grapeiruit, JU
U Der box: bananas. VWtoluc pound; all'
pies, $1.253 box; strawberries, $3.25lj
:t.5o Der crate: cherries. 54 per box.
VEGETABLES Cabbage, 4&5c pound;
lettuce. 3.754 per crate; carrots, $1.50
Der sack: xarlic. 15S20c per pound; beets.
$1.50 per sack; green peppers. 30$i50o per
pound; rhubarb. 4ooc per pouna; spinacn,
Itaibo per pound; turnips, $1.503 per
sack; tomatoes, $4.50 per lug; cucumber
il.ib&'A per doxen; peas, 15&17C per
nMmH- nKnariLfirus. sl.75fu2 ner dozen.
rul'A'l'utia uregon, ti.UwLM per 106
pounds: Xafcima, $1.7502; new California.
oVfe'7c per pound; sweet potatoes, $3.ia
per crate.
UMUa uregon, lacvfi- w
new crop, yeilow Bermudas, $3 per crate;
do, white Bermudas. $2.50 per crate.
Staple Groceries,
Local lobbing quotations:
si;cah iun b4iu - Cane granulated.
7.65c per pound; beet 7.55c per pound.
nuts walnuts, suuasc pouna; raj
cuts, 30c; filberta, 12c; almonos, 24030c;
peanuts, per pouna; cocuauui, fi.iw
per uoaen.
RICK Blue Rose. So per pound: Japan
style, 444o per pounc1
.BEAMS small wnitv, sue; pma.
lima, 8c; red, 80 per pound.
C'OFKBI Hoasteo. bulk. 111 arums, 19
36 ',i c per pound. -
ctALl uranuiatea. Date. a.-u w .-,
half ground, ton. oua, $l.;a; luua, 1S-Xi.
lump rock, $26.50.
DRIED FRUITS Italian prunes, one
pound; dates, $4.2dwtt.so per box; tigs, $2
tai.zi per box.
Hides, Hops. Etc. -TALLOW
No. i. Stee4c; No. 2. IK Q3s
per pound. .
1921 peel. 6c pound, delivered Portland.
HOPS 1020 crop, best, zuo per pouna.
hides Salted country hides. 4c deliv
ered Portland; grubby nides, He; city calf
skius, 12c; country calf skins, 10c; good
kip. 6c; grubby kip, sc.
VVUUL .eW Clip, XUlffl-SO Vr ihjuiiu.
MOHAIR New clip, ltf&lec per pound.
Provisions.
HAMS All sizes, 30037c; skinned, 26
S6c; picnic, 17lVc; cottage roll, 80c,
BACON Fancy. 43Vo: cnoice, sues
83c; standard, 28 28a.
laru t ure, tierces, o puuuu , im
pound, tierces, 12c
Oils.
LINSEED OIL haw. In barrels. 4c;
five-gallon cans. $1.00. Bolied, in barrels,
06c: five-gallon cans, $1.11. '
TURPENTINE In drums, 97c; five-gallon
cans, $1.12.
WHITE LEAD 100-lb kegs, 13c per lb.
COAL OIL TanK wagons and iron bar
rels, lTttc; cases, auoaic.
GASOLINE Tank wagons and Iron bar
tela, S0o; cases. 42 Vic
SAX FRACISCO PRODUCE MARKET
Prices Current on Vegetables, Fresh Fruits,
Etc at Bay City.
SAN FRANCISCO, May 11. Vegetables
Asparagus, 3(S12c; new potatoes, 23Uc:
sweets. Nancy Hall. $56; onions, Aus
tralian brown, 4050c; green, $1.751.8o;
celery, nominal; garlic, 638c; bell peppers,
1325c- peas, 6Gr8c; rhubarb, Alameda,
$1.50(81.65; lettuce, 11.75 crate; arti
chokes, nominal; spinach, 45c; string
brans, 1012W"; wax, 810c; Kentucky,
Wonders, 12(13c; eggplant, nominal;
sacked vegetables, nominal.
Poultry Hens, 23S3ilc: strictly young
roosters. 4 .10 50c; eld, 1218c: fryers. 450
50c: broilers. 28tf42c; squabs, 50952c;
pigeons, $393.50 dozen; Belgian hares,
live. 2325c pound.
Fruit Oranges, navel, $2.73fr3: Valen
cia. $8P3.75: lemons. $2.504f4LO0; ap
ples $11.50; strawberries. 60&85 cents
drawer, $1.15 1.60 crate; raspberries $4.50
crate; bananas, . 15$(20c pound; avoca
doea. $2j'5 dozen; cherries. J 1.70 6 2.25 flat
box. 1020c pound; apricots, $252.50
four-basket crate; grapefruit, $2613.75
box.
Receipt." Flour, 266 ' quarters: barley.
2!18 centals: oats, 10 centals; beans, 553
sacks; potatoes. 2060 sacks; onions, 16
sacks; hay. 180 tons; hides, 283 bundles:
livestock. 550 head; lemons. 2803 boxes.
QUOTATIONS OV DAIRY PRODUCE
Market Prices Ruling on Butter, Cheese
and F.ggs.
SAN FRANCISCO. May 11. Butter Ex
tras. 34c: prime firsts. 32sc; firsts, 32c
Eggs Fresh extras. 2tic; extra firsts,
25c; firsts, nominal; dirties. 23i-,c; extra
pullets, 21c: undersized, 18tc
Cheese Flats, fancy. lGc; firsts nomi
nal: Young America fancy, liijc; firsts,
nominal.
NEW YORK. May 11. Butter, unsettled.
Creamery higher than extras. 36tf36fec;
creamery extras, 35Vc; firsts, 31t34bc
Eggs Irregular, unchanged.
Cheese Steady, unchanged.
CHICAGO. May 11. Butter, lower.
Creamery extras. Sic; firsts. 2529c; sec
onds. 1823c; standards, 29tc.
Eggs Lower. Receipts, 29.672 cases;
firsts, 2222Hc; ordinary firsts, 1HH6
H'lac; at mark, cases included. 20(j21c;
standards, 22 He.
SEATTLE, May 11. Wholesale prices to
dealers:
Eggs Select local ranch, white shells
24 kp 20c; do, mixed colors, 22$ 23c; pullets,
19 fi 20c
Butter City creamery cubes, 29c; bricks
or prints, 30c; country creamery, extras,
cost to Jobbers in cubes, 25c
Wool Active ixt London.
LONDON. May 11. There were T786
bales sold at the wool auction sales today.
The selection consisted chiefly of medium
grades, which were quickly taken at firm
STOCKS OFFERED FREELY
1 s
PRESSURE FROM BEARS OFF
SETS GERMAX ACCEPTANCE.
Steels and Similar Shares Are
Weakest Features of Market.
Foreign Bonds Strong.
NEW YORK. May 11. Announcement of
Germany's acceptance of the reparations
terms failed to stimulate the stock market
today, prices of the more important issues
manifesting reactionary tendencies.
Steels and affiliated shares were espe
cially heavy, falling 1 to 5 points on ex
tensive offerings. Tliese emanated largely
from professional Interests which argued
that home industries soon would have to
contend with German competition.
Other factors also entered into the In
cessant liquidation of steels and kindred
issues. These were curtailed production
due to continued lack of demand and pros
pects of additional dividend reductions and
suspensions
Similar considerations were operative in
the irregular reversals registered by mo
tors, food and miscellaneous specialties.
while rails were under intermittent pres
sure
Oils were relatively firm, with some of
the tobaccos and metals. Passing of the
quarterly dividend on Cerro, de Pasco
was one of the day's incidents, but cop
pers were well supported. Sales were 923.
000 shares.
The monev market reneated yesterday1
movements, call loans holding at 6j until
near the close when the rate advanced
to 7 ner cent.
Time money and commercial paper were
unchanged on light negotiations.
Dealers reported heavy coverings of
speculative shorts in foreign exchange,
esDe4Ma. lv Ita ian and Scandinavian Dills.
French, - Belgian. Dutch and Spanish
rates reacted variably.
Foreign bonds were strong in connec
tion with the German settlement, but do
mestic issues, including liberty flotations,
eased moderately. Total sales, par value,
$10,850,000.
CLOSING STOCK QUOTATIONS.
(Furnished by Overbeck & Cooke com
pany. Portland.)
saiea.
Advance Rum
Agr. Chem ....
AJax Rubber. .
Alaska (old..
Alaska Juneau
Allis-Chalmers
Allis-Cnm pfd.
Am Bt sugar
Am Bosch....
Am Can Co..
Am Can Co of
Am Car & Fdy
do prl
Am. Cot Oil
do pld
At Drug Synd
Allied Chem..
Am Hd & Lea
do pfd
Am lntl Corp.
Am Linseed. . .
Am Loco .
do pfd
Am Saf Aazor.
Am Ship & Cin
Am smelter..
do pfd
Am Steel Fdy. TOO
Am Sugar ... 2.900
do pfd 300
Am Sumatra. 13.600
Am Tel & Tel. 10.100
Am Tobacco . . 2,700
Am Tob'o "B" 900
200
900
2,400
500
1,200
i.Voo
7.400
1.200
200
200
"266
"166
1,700
800
2.300
3.300
3.200
a.noo
!l(0
6.300
Am Wool .
Am Zinc . .
Anaconda ,
Assd Oil ..
Atchison ..
do pfd . .
S.000
iiisoo
6110
800
300
At. Gulf & WI 14.800
Baldwin Loco. 9.700
B ft Ohio 8.000
do pfd 400
Beth Steel "B" 9.700
Booth Fish 600
B R T
Butte C & Z. 200
Butte A Sup.. 300
Caddo Oil 400
Calif Packing. 500
Calif Pet 5.000
do pfd 100
Canadian Pac 2.000
Cen Leather.. 7.200
Cerro De Pasco 9.500
Chandler Mor. 19,700
Chgo & N W.. 1.100
Chgo ot w . . . oo
do pfd 400
Chili Cop .400
Chino 2.200
M St. P 2.200
C M & St P pf 2.400
Coco Cola.... 900
C & Co 900
Colo F & I 700
Colo Southern. 200
Colo G & Elec
Colum Grapa.
Con Gas 500
Contl Can 1.300
Contl Candy . 700
Corn Prod 500
do Pfd
Cosden Oil ... 31.300
C R I & P 6.200
do A pfd 300
do "B" pfd 300
Crucible 28.100
do pfd.....
Cuba Cane 6,400
do nfd 30
Cuba Amn Sgr 2rt0
Del & Hudson. 1.000
Dome mines.. 4,900
D fc R G 200
do pfd 100
Endicott John 3.500
Erie 2.800
do 1st pfd. .. 600
do 2d nfd . .
Fam Players. 900
Fed M & Smlt 100
do Pfd
Fisk Tire. . . .. 500
Gaston Wms. . 500
Gen Vigara .. :0i
Gen Elec 500
Gen Motor 9.000
do 6
Goodyear
Gen Asphalt.. 65,900
Goodrich 900
Granby 100
Gt Nor Ore... 200
do pfd
Greene Cana. 400
Gulf S Steel.. 1.700
Hupp Motor.. 300
Houston Oil
Ills Central... 500
nsoiration ... 2.800-
Int Ag Cp com 100
do ptd uu
Interboro .... 200
Interboro pfd 100
nter Callahan
nt Harv 1.900
Int Merc Mar 600
do Dfd l.iiOO
nt Nickel.... 500
Int Paper.... 5.300
do Pfd
Invincible Oil 3.900
sland Oil .... 700
Jewel Tea 900
K C Southern. 2.700
do pfd.- 400
Kellv-Spfld
Kennecott ... 4.800
Keyston Tire. 1.300
Lack Steel 8.300
Lehigh Valley 3.600
.orillard ....
Maxwell Motr. 700-
do 1st Pfd. 100
Mex Pet ... 40.000
Miamla . l'.fiOO
Mid States Oil 4.90O
Midvale Steel. 3.100
M K & T 500
Mont Power
Mo Pacific... 2.800
do nfd..... 1.3O0
Mont-Ward .. 100
M & St L '. 500
Nat Enamel... 200
Nat Lead 200
Nevada Con-.. 2.200
New Haven. .. 2. 10
Norfolk W. 900
Nor Pac S.500
ova Scotia Stl 200
N Y Air Brake
N Y Central.. 1.RO0
Okla Prod ref. 1.200
Ontario Silver
Ontario & W. 100
Otis Steel.... 200
Pacific Oil 41,300
Pac G & Elec
Pan Amn Pet. 6.000
do "B". . . . : 1.700
Closing
High. Low. Bid.
17
4'A 47 47V
34 33 . 33
1
Hi 1H 1
37i 87 36
73
39(4 874 38
54 "4 50 (4 60 rn
31 m 30 30"
8374
127(4 126 126
107
21 20 20(4
504
6 6 - 6
44?4 44 44
11T4 11 11
54 53 52
51 50 50
37 35 37
89 88 87
104
7 6 6
11'4 10 10
43 42 42
79
31 3074 30
9174 89 90
101
65 60 63
106 105 106
124 123 124
122 120 122
78 16 77
9
43 42 42
103 101 100
82 b2 82
78
42 40 41
80 8 88
41 40 40
51 61 61
63 60 61
I 5 & 5
12
5 5 6
13 34 14
17 37 17
AO 60 60
47 46 40
77
116 115 115
39 38 38
32 29 29
73 71 71
67 66 66
8 8 8
20 19 1
12 12 12
26
29 28 28
45 43 44
29 29 29
64 63 63
32 31 .11
3S 88 .18
60 69 59
7 7 7
88 87 87
51 60 60
1 1 1
74 74 74
103
37 34 36
.13 82 82
76 76 76
66 66 66
83 77 77
85
20 18 19
62 61 61
23 24 24
103 103 101
21 19 20
,
1 1 1
67 63 65
15 14 14
21 21 21
14
78 77 78
7
26
17 16 16
1 1 1
60 60 60
137 136 137
13 12 13
67
11
75 71 72
39 88 38
24 24 24
30 ' 80 30
'25 '24 25
44 43 42
14 14 13
84 82 83
91 91 90
37 36 87
9
47 46 46
474 4 4
12
5 5 5
95 91 94
15 15 15
50 55 55
16 16 16
67 64 74 64
96
19 18 19
4 .4 4
9 9 9
27 27 27
61 50 61
47 43 45
22 22 22
15 15 15
. 33 49 49
55 63 54
158
5 5 5
5 3 5
153 150 151
23 23 23
14 . 13 13
28 78 28
2 2. 2
53
2 21 21
4214 41 41
22 21 22
13 13 13
60 59. 69
79 79 78
13 12 12
19 19 19
88 P7 97
75 73 74
34 . 34 .14
76
72 72 71
- 1 3 3
..... 5
19 19 19
14 14 14
40 -38 40
52
71 ' 70 . 70
63 63 63
Penna 3,100
Peo Gas 3.700
Pere Marquet 1.900
Philadelpa Co 200
Pureon 1,700
Pierce Arrow. 7.800
Pierce Oil 100
Pitta Coal 800
Pitts & W Va 800
Pressd Sti Car " 200
Pullman 500
Ray Cons.... . 8.1O0
Reading 8 000
Remington ... 3,300
Replogle Steel 1.300
Repub I A- S.. 23.100
Rep Motors.. 100
Ryl Dutch Oil 5.800
Ry Steel Spg
S O Ind
Sears Roebuck - 1,300
Shattuck Arix
Shell TAT.. 600
Sinclair 11.600
Sloss Shef ... 100
Sou Pacific... 4.600
Soli Ry 4.600
do pfd ,
8t L & S F... 2.400
Stromberb Crb 1.100
Studebaker .1 36,7u0
Swift & Co
Tenn S A Chm 600.
Texas Oil 8 100
Texas Pac... 2,700
Tex P C A O. 11.200
Tob Prdcts... 2.500
Tran Contl Oil 2.800
Union Oil Del 1.200
Union Pac... BOO
United Alloy.. 400
United Drug.. "00
L-td Fd Prod. 1.700
United Fruit. . 600
Ltd Rds of NJ 500
Utd Retl Strs. 26.300
U S Ind Aid. 1.600
U S Rub 2,200
do 1st pfd... 400
U S Smelting. 800
U S Steel 21.400
do pfd 100
Utah Copper. 8.700
Va Chem 300
Vanadlm Steel 13,000
Vivandou .... 8.900
Wabash 1,000
do pfd..... 600
do B pfd... .. .
Wells Fargo
Western Pan. 700
do pfd 500
Wstrn Union. J00
Westgse E&M 300
West Md 1.000
White Motors 900
Wlllys-Ovland. 500
do pfd 400
Wis Central
Woolworth ...
Worthtn Pump
36
49
22
32
35
32
10
62
80
88
103
15
76
88
30
62
19
68
83
47
21
82
34
81
10
62
20
88
103
14
75
87
27
68
19
67
83 82
47
27
42
77
22
48
28
42
77
22'
24
39.
83
"io"
40
' 25
30
64
12
23
121
31
96
22
110
11
60
70
75
101
34
84
109
57
29
36
9
8
23
30
69
90 .
48
11
40
9
87
37
24
88
80
""'
40
. 23
28
63
. 11
22
120
30
. 86
!2
109
11
68
68
73
101
83
83
10'.l
65
2.3
34
8
8
23
29
68
90
48
10
40
8
36
S3
5i
100 51
BONDS.
U S 2s reg 99N Y C deb 6s.
do coupon ...'99,N P 4s .
U S 4s reg 104N P 8s
do cv 4s cou 104Pac T & T 5s.
Pan 3s reg 77 Pa con 4s...
do coupon ..77 S P cv 6s
A T & T cv 6s.98,So Ry 5s
Atch gen 4s ... 77 U P 4s
D A R G con 4s 65U S Steel 5s..
85
. 49
21
32
34
31
. 10
62
30
88
102
14
. 73
"27
59
19
6674
80
76
; 82
. 6
47
27
42
77
22
56
24
.3
79
89
8
40
23
29
43
" 11
2
120
80
96
2
109
. 11
- 69
9
74
101
, 33
"83
109
55
29 .
84
8
, 8
23
15
64
29
88
. 89
48
10
40
8
37
36
114.
. 61
. 89
. 75
. 55
. 84
.'88
90
. 83
. SOU
. 95
Bid.
IGffered.
Liberty Bond Quotations.
Range of liberty bond quotations, fur
nished by OverbecJc Cooke company,
rortlana:
" High.
Liberty 8s 88.80
do 1st 4s
do 2d 4s 87.30
do 1st 4s 87.74
do 2d 4s 87.84
do 3d 4s 90.66
do 4th 4s 87.38
Victory 4s 97.8C
do 3 97.78
CATTLE IN FROM MOiMTAHA
THREE LOADS REACH XORTH
PORTIAXl YARDS.
Bulk of Hog Sales Are Made at
$9.75 Prices Are Steady
in All Divisions.
The livestock market was more active
yesterday with a run of 13 loads. Among
the arrivals were three loads of cattle from
Montana, which went on the open market.
Prices were steady and unchanged in ail
divisions. Carlots of steers sold from $7.75
to $8.50 and the best cows brought $7.25.
The bulk of the bog sales were at the rul-
in. inn nf SO 7 Th,r u.'n Afllv modef- I
ate movement in the sheep and lamb mar
ket where the sales were within the es
tablished range of quotations.
Receipts were 158 cattle, 751 hogs and 12
sheep.
The day's sales were as follows:
.1279
.1063
.1008
. . 800
..1200
975
21 steers
22 steers
21 steers
15 steers
9 steers
1 cow .
1 cow .
6 cows
2 cows ..1045
1 cow ...1020
1 cow . . .1020
2 cows .. 40O
2 cows ..1065
5 cows ..1074
5 cows
1 cow .
1 cow ,.
1 cow .
1 cow .
1 cow
1 calf
2 calves
1 calf .
1 calf .
9 calves
1 calf .
1 calf .
1 calf .
1 bull ...1720
8 mixed . 307
7S hogs
9- hogs
3 hogs
87 hogs
83 hogs.
2 hogs
5 hogs
15 hogs
5 hogs
1 hog .
7 hogs
3 hogs
7 bogs
5 hogs
4 hogs
WL Price. I
1391 $7.90 12 hogs
1116 8.0OI13 hogs
8.00 3 hogs
7.85 1 hog .
8.25183 hogs
6.00(80 hogs
6.50! 3 hogs
7.00'36 hogs
6.50136 hogs
7.25140 hogs
Wt. Price.
, 120 9.75
6.75
8.251
6.451 1 hog
..1124
.. 730
.. 830
.. 810
. . 790
.. 890
.. 100
. 103
.. 100
7.25
6.001
4
5.001
5.00
6.50
fi.2S
8.501
8.50
1O0 10.00
138 10.001
140 10.001
3 hogs
9 hogs
1 hog -
6 hogs
2 hogs
5 hogs
1 hog .
8 hogs
3 hogs.
Low. Close.
88.50 88.60
87.20
87.66
87.24
90.60
87.28
97.70
97.72
87.60
87.20
87.70
87.32
90.62
87.34
97.76
87.7$
Mining Stocks at Boston.
BOSTON, May 11. Closing quotations:
Allouez 21 lOld Dom 20
Ariz Com . . .
Calu & Ariz.
Calu & Hecla
Centennial
. 8Osceoia
. 50Superlor
.253 Sup & Boston..
3
. 1
4V
90
3
. -:5 -11
- 25
Copper Range.. 34iSliannon ...
East Butte ... ;ljtan uon ..
Franklin 2 Winona
Isle Royalle ... 20 Wolverine ..
Lake Copper... 2IGranoy ton
Mohawk 32Greene Can
North Butte ... 10 I
Swift Co. Stocks. '
Closlnr prices for Swift & Co. stocks a:
Chicago were reported by the Overbeck &
Cooke company of Portland as follows:
Swiff Co .99
Libby. McNeil A Libby 9
National Leather 174
Swift International ... 27
Money, Silver, Etc.
NEW YORK, May 11. Prime mercantile
paper, 6 7 per cent.
Time loans, steauy ; ou nays, w aayo,- six
months, 6 per cent. Call money, firm;
high, 7 per cent; low, ruling rate and clos
ing bid, 6 per cent; offered at and last
loan, 7 per cent.
Bar silver, aomestic vvlg; xorein,
60c
Mexican dollars, 46 c
LONDON, May 11. Bar silver, Std
per ounce Discount rates, snort mils, a
per cent. Money, 4 per cent.
Foreign Exchange.
Foreign exchange rates at close of DUsi-
ness yesterday, furnished by Northwestern
National bank ot Romano, jiie amount
quoted is the equivalent of the foreign
unit in United States funds:
1 hog
3 hogs
l nog
1 hog
7 hogs
13 hogs
10 hogs
1 hog
3 hogs
23 hogs
183
330
262 '
200
217
3H0
280
186
160
520
218
240
254
134
212
210
178
290
220
207
148
182
320
180
9.73
7.751
B.25
8.75
9.00
7 75
9.75
9.75
9.50
9;75l
9.751
8.751
9.75!
9.25;
9.751
9.75i
9.731
8.85
8.2
.. 116
.- 150
. 640
. 200
. 188
110
. 168
,. 143
. 139
. 216
... 196
. 510
,. 240
. 186
,. 235
.. 212
.. 190
,. 172
;. 256
,. 420
,. 211
,. 184 '
,. 232
, . 242
. 190
. 77
. 63
. 55
. 60
. 68
. 60
. 65
. 56
. 55
. 58
.. 177
. 120
.1056
.1223
!24 steers .1075
3.001 1 hog
7 hogs
5 hogs
4 hogs
8 hogs
2 hogs
140 10.50122 lambs
120 7.00! 3 lambs
4.50147 lambs
5.75110 lambs
25 lambs
1 lamb ,
13 lambs
U lambs .
lambs
00117 lambs
4 ewes
9.73 17 ewes
8.7.V22 steers
6.50126 steers
1 cow
1 cow .
1 cow .
1 cow ,
1 calf .
1 calf .
1 calf .
4 hoirs
92 hogs
1 nog .
7 hogs
1 hog
8.73
8.75
6.00
8.75
9.73
8.75
8.80
8.30
8.50
8.75
8.75
5.00
9.25
9.75
9.25
8.73
8.35
8.85
9.25
7.75
8.75
9.75
9.75
9.75
9.75
8 00
6.00
8 25
5.00
8.00
6.00
7.50
7.75
6.00
7.00
2.50
2.60
7.75
8.50
7.75
4 00
5.25
4.00
4.50
6.50
970
. 930
.1020
. 880
. 250
. 200 10.00
.110 9.00
9.75
9.75
8.75
10.00
6.00
204
230
151
420
9.7512 lambs
175 $10.00
Prices on the various classes nt llventn.k
at the yards follow:
Choice steer J 8.00a 8.75
Medium to rood Rfeem
Fair to medium steers
Common to good steers
Choice cows and heifers
Medium to good cows, heifers
Fair to medium cows, heifers
Common to fair cows, heifers
Canners
Bulls
Choice dairy ralvea .. , '.'.,
Prime lignt calves
Medium light calves ,
Heavy calve3
Best feeders ;
Fair to good feeders
Hogs
Price light
Smooth heavy, 250 to 300 lbs.
Smooth heavy 300 lbs. and up.
7.25 8.00
6.50(g) 7.25
6.50 5.50
6.25 7.2j
6.75 6.25
5 25(8 5.73
5.25 tn 3.25
3.5S 5.50
3.50 3.50
10.00' 10.30
.50UM).00
6500 9.50
4.00 6.00
6.25 6.75
5.75 & 6.23
8.25 ft 9.75
7.30S!) 8.50
6.50 7.30
Country. Foreign unit.
Austria, kronen
Belgium, francs
Rulearia. leva ..........
Cssecho-Slovakia, kronen
Denmark, kroner
England, pound sterling
Finland, finmark -
France, francs
Germany, marks
Greece, drachmas ...............
Holland, guilders
Hungary, kronen
Italy, lire
Jugo-Slavia. kronen
.Norway. Kroner
Portugal, escudos
Roumania, lei
Serbia, dinara .'
Spain, pesetas
Sweden, kroner
Switzerland, francs
China Hongkong, local currency
Shanghai, taeis
Japan, yen
Rate.
.$.0050
. .0845
. .0135
,. .0155
. .1812
.4.01
. .0235
,. .0845
,. .0109
. .0580
... 3582
. . .0058
. .0540
. .0079
,. .1076
. .0080
. .0176
. .0308
. .1390
. .2370
. .1S0U
. .5150
. .6800
. .4850
Rough heavy .... kiioimi to
ok&so ...................
Fat pigs
Feeder pigs .............
Sheep
Prime lambs ............
Fair to good
Cull lambs .,
Feeder lsmbs
Light yearlings -
Heavy yearlings ;
l,ignt wetners
Heavy wethers
Ewes
4.00(9 7.50
9.00 9.75
8.50 9.50
7.30 8.23
6.50 7.50
5.00 6.00
3. on 5.00
5.00 6 00
4.50 5.00
4.50 ,5.00
3.50 4.50
1.00 4.25
NEW YORK, May 11. Exchange irreg
ular; sterling demand $J.9b, ca
bles $3.00; francs, demand 8.31, cables
8.33; Belgian francs, demand 8.31. cables
8.33; guilders, demand 35.60, cables 33.70;
ire, demand 5.26, caDles j.-b; maras. ae-
mand 1.61. cables 1.62; Greece, demand
5.05; Sweden, demand 23.60; Norway, de
mand 16.35; Argentine, demand 32.00; Bra
zilian, demand 13.37; Montreal, 10 3-16 per
cent discount.
Foreign Bonds.
Foreign bond quotations furnished
by
the Overbeck & Cooke company of Port
land:
Russian 5s. 1921...
Russian Ds, 1926...
Russian li.s. ll...
French 5s, 1931
French 4s, 1917
French 5s. 1920....
Italian 5s. 1918
British 5s. 1922
British 5s, 1927
British 5s. 1929
British vky 4s
British ref 4s
Belgium rest 5s
Relirium orem 5s....
German W. L. 5s....
Berlin 4s
Hamburg 4s
Hamburg 4s
Ltlpsig 4s
Leipsig 08
Munich 4s
Munich 5s
Frankfort 4s
Jap 4s
Jap 1st 474s
Jap 2d 4s
Paris 6s
U K 5s. 1921
U K 5s. 1922
K 3s, !-
K 5s, 1937
Bid. Ask.
.... 14 ' 17
17 19
16 18
67 69
.... 53 54
74 76
.... 41 42
,...396 408
,...389 401
U!I0 f2
312 . . 321
....279' 281
.... 71 73
. . . . 73 ' 76
.... 11 12
.... 13 . 14
14 15
.... 34 15
.... 14 15
.....15 , 16
16 ' 18
.... 14 . 15
.... 15 16
.... 67 , 67
.... 84 84
84 85
.... 98 08
99 99
.... 96 97
....90 "91
...86 . 86
w York Sugar Market, ,
uriw YORK. May 11. Raw sugar. 4.89c
for centrifugal; refined; 6.300 to 6.40c for
fine granulated.
Dried Fruit at New York. .
NEW YORK, May 11. Evaporated ap-
ples nominal: prunes firm: peaches steady.
f 2IU6 cases in egg holdings. Cold stor-j prices. Queensland scouted sold at 31',;d.
We Offer tke Tnaold Portion of Oar Allotment
h
Great Northern Railway Co.
General Mortgage 7' Gold Bonds , . .
Dated July 1, l2t. Dne July 1, 1036. '
At 96Yt and interest, to yield 7.40
Detailed circular furnished upon request.
E. L. Devereaux & Company
Investment Bonds
PORTLAND, OREGON.
6T tk St.
Phone Bdwy. 1043.
Chicago Livestock Marker. .
ClftCAGO, May 11. (United States Bu
reau of Markets.) Cattle Receipts, 9000
head; beef steers opened steady to strong,
undertone weak; top. $9.75; bulk, $89;
butcher she stock and bulla, steady; bulk
fat cows and heifers. $67.50; bulls, large
ly, $5.756.50; calves, weak, bidding low
er; stockers and feeders, strong.
Hogs Receipts, .18.000 head; lights,
steady to 10c lower; others mostly steady
with yesterday's average; hogs well sold
except heavy mixed; top, $8.90; bulk, $8.40
8.85; pigs. 15c to 25c higher; bulk de
sirable. $8.2368.73.
Sheep Receipts, 13,000 head: fed lambs
and yearlings. 10c to 25e .higher; springs,
25c to 50c higher; sheep, steady; wooled
lamb top. $12; bulk, $11-12; shorn top
$10.90: bulk, $10.2510.85; best California
springs, $13.15; choice 85-pound shorn
yearlings, W.2S.
. Kansas City Livestock Market.
KANSAS CITY MO- May 11. fUnited
States Bureau of Markets.)-r-Cattle Re
ceipts, 6500 head; beef steers steady to 10c
lower; best heavies, $8.85; long yearlings,
16; bulk of sales, $7.508.40; bulls and fat
she stock barely steady; good and prim
cows, $67; good and choice heifers, $7
7.75; other classes fully steady; fancy
vealevs, $10: practical top, 39.
Hogs Receipts, 10,000 ivead ; open around
steady with yesterday's average closing
5o to 10c higher than yesterday's average;
top. $8.40; bulk of sales. $7.908.35: pack
ing sows and pigs, steady; best stock pigs.
$8.75.
Sheep Receipts 7000 head: killing classes
strong to 15c higher; shorn Texas wethers,
$5.756.70; Colorado wooled lambs, $11.23;
most light kinds, $1111.25; native spring
ers. $11.75.
Omaha Livestock Market.
OMAHA, , May H.t (United States Bu
reau of Markets.) Hogs Receipts, 15,000
head; active, steady, to lOo lower: bulk 180
to 240 pounds, butchers. $8.10 0 8.25; top.
$8.25; bulk butchers 230 pounds and over.
$7.758; packing grades, smooth, $7.25
7.50.
Cattle Receipts. 7300 head; beef steers
and she stock generally steady; spots slow;
early top steers, $8.50; bulls, steady: veals
steady to higher; stockers and feeders,
firm.
Sheep Receipts, 7800 head: lambs strong,
mostly 25c higher; best California spring
lambs. - $12.40; early top wooled lambs.
$11.25; clipped lambs, $10.50; other classes l rom exposure.
steady to strong.
Seattle Livestock Market.
SEATTLE, May 11. Hogs, steady: re
ceipts 187, .quotations . unchanged. Cattle
strong, no receipts, quotations unchanged.
FIRST MORTGAGE
FIVE-YEAR GOLD NOTES
Washington-Idaho Water, Light
& Power Company
TRUSTEE:
GUARANTY BANK & TRUST COMPANY,
Seattle, Washington
Character .- . . ...... .-.-.r.n.-.w. .First Mortsrage
Authorized $300,000
Amount to be sold $200,000
Date of Notes April 1,1921
Date of maturity , .:... .:. April 1, 1926
Denominations 100 and ?500
SUBJECT TO REGISTRATION
Interest 8 Payable, semi-annually, April 1 and Octo
ber 1 Callable, 105 Any Interest Date Price Par Plus
Accrued Interest.
LEGALITY OF ISSUE:
Bausman, Oldham, Bullett & Eggerman,
Seattle, Washington.
Security: Electrical distributing sys
tems in Lewiston, Idaho, and Clarks
ton, Washington. ' -
These notes represent a general obliga
tion of the company and is the only
funded debt against the above prop
erty and constitute a first mortgage
thereon.
INQUIRY COUPON
.1921
WASHINGTON-IDAHO WATER, LIGHT
& POWER COMPANY
Securities Department
636 Northwestern Bank Building, Portland, Oregon
Please send me further information about your
First Mortgage 87c Gold Notes:
Name
Street
City or Town.
Phone. .
STUCK LOSSES SMALL
ALIi CLASSES WINTER IX GOOD
OOXDITIOX.
Wool Is or Better Grade Than
Usual Lamb and Calf In
crease Above Normal.
Livestock of all kinds In Oregon esme
.H,h th winter welL reports F. I
ir .toHcHnt.n of the oeDartment of
agriculture, whose monthly DUlletin says:
The early rains of last fall revised pas
tures and ranges and thus started off In
eood shape. Sheep being returned from
the forest reserves and other summer
ranee to the whiter feeding grounds ar-
in much better physical condition
than usual. The open winter has made
It possible for both sheep end cattle to
gat more or less winter pseture forage and
the absence of any ran.ior.u -....
i. v. . k.nt the animals In good
health. Wool Is reported as being of
better Quality than usual with heavier
fleeces. The lamb and calf crop are re
sorted as being above the average. Con
dition on the whole, was probably never
better at this season of the year, the ave
rage condition figure as reported by cor
respondents oeing j'" 1 -"- v. .
Mortality of livestock Special inquiry
was made relative to losses from disease
. ..nnr. rfurlnff the year ending April
to 1921. The results of this inquiry In
dicate losses per 1000 head: Horses, from
disease. 11. Cuttle of all ages, from dis
ease 12: from exposure, 8. Sheep, from
disease, 30: from exposure, 12. Lambs, from
both disease and exposure, 50. Swine, from
disease, 7. These results do not vary
greatly from similar figures for the United
States as a whole, except in the case of
swine the United States figure being 44.2
compared with 7.0 for Oregon. The re
ported losses from both disease and ex
posure are considerably lower than in re
cent former years, particularly the losses
from exposure. The only report received
of any considerable stock loss In the state
is the following from Maineur counry:
"All kinds of livestock have wintered
In excellent condition and are In normal
condition of health with the exception of
Bie head (sometimes called iw.1t-
Bond Department
Total taxes for 1921, including taxes
for these bonds, averaged only $2.75
an acre an -exceptionally easy
carrying charge.
Another reason why
we unreservedly
recommend these
6 General Obligation Bonds
Wallowa Valley
Imp. Dist No. 1
Due 1926-41 Den. $500 $1000
PRICES 9S.84 to 89.32 YIELD 7
A $125,000 issue secured by $1,200,000
' . worth of producing farms.
V INCOME TAX EXEMPT
Legal for Savings Banks or Trust Funds
fkniXM LUMBEKMEN5 mMM
Blmli TKUST C0MEAHY
Broadway and Oak
head) developed In sheep about March 1
and there will probably be a 10 per cent
loss, which will also reduce the percentage
of spring lambn."
Coffee Furores Close Lewer.
NEW YORK. May 11. There was bull
ish comment on the German news in the
market for coffee futures today, but it
failed to inspire any fresh buying of con
sequence and prices went lom-er under
scattering liquidation. The market opened
at a decline of I to 2 points, with July
selling off to 5.00c and September to .4Uc
during the afternoon. Closing prices were
approximately the lowest, showing a net
torn of a to points. May. S.HMc; July.
8-ilOc: September, 6.3fc: October 6.Bc;
December, 6.80c; January, 6.05c; March,
7.1T.C
The spot market was quiet with Rio
7s quoted at o and Santos 4s at
to t cents.
Metal Marker.
NEW YORK, May 11. Copper firm.
Electrolytic, spot and nearby. 13o; futures,
13 13Kc
Tin strong. Spot and nearby, S3933.25c;
futures, 33c.
Iron nominally unchanged.
Lead firm. Spot. 5c.
Zinc steady. East St. Louis delivery,
spot. 4.90r 4.03c.
Antimony, spot, 8.25c.
Cotton Market.
NEW YORK. May 11. Spot cotton
Steady; middling, 13.15c.
rraval stores.
SAVANNAH. Oa., May 11. Turpentine.
60961c; sales, 800 barrels; rsceipts, 730
barrels; shipments, 212 barrels; stock, 6100
barrels.
RniMn. stef!v; 1003 liarr?: r.
celpts, 2ni(l barrels: shipments, 453 barrels
stock. 71,304 barrels.
Quote: U. I3.K.V D. 14.15; E. II 40; js.
4.4.-Ji 4 55: O. 50i 4O0; H, (4.5.1A4 651
I. 4 .4 75; K. I4 0O&5; M. 5 4n l; N
I5!lilf7: wrj ilirt W- WW HiHiitf It
ripr Shu
--pbl
1 AN " 1
j OREGON
MUNICIPAL
TAX EXEMPT
BOND
Yielding
Maturing in from 5 to
18 years, here is an un
equaled opportunity for
far-sighted investors to
carry over into the
period of lower yields,
which is sure to come.
Write or call
for details.
CIIARK-KENDAIL
& CO. INC.
nnh and Stork Streets
1 GOVERIintrlT-MUNICI PAL CDRrWATHM-
BONDS
Congress
and its
Committees
Individuals, business
and banking institutions
often need to know the
appropriate committee of
the Senate or the House
of Representatives which
they should address.
The names of members
of the Sixty-seventh Con
gress have been compiled
in booklet form for free
distribution by this Bank.
We have included the high
officials of the Executive
branch of the Govern
ment. AMERICAN EXCHANGE
NATIONAL BANK
Organised In IK3R and Nationalised
la 1H65.
128 Broadway, New York
Our Monthly letter will be sent free
to those desiring a brief review ot
world economlo developments.
Property
Management
PI: :
hwm
'AW
J
Money to Loan
Business and Residence Property.
Mortgage Bond Company
Mala SN.11. Wllrex Bis.